Ray Dalio's position in MBIA is currently worth $11.9 Million. That's 0.06% of their equity portfolio (230th largest holding). The investor owns 3.45% of the outstanding MBIA stock. Ray Dalio started to build up the position in MBIA in Q4 2005 and continued to invest until Q1 2008. Since then they sold 1.11 Million shares. The investor's estimated purchase price is $34.1 Million, resulting in a loss of 65%.