Rakuten Securities, Inc.

Broker-Dealer

CIK

2009539

Location

TOKYO, M0

Portfolio Value

Small $227,718,900

Diversification

Diversified

Filing Date

Global Rank

#3,915 / 8,603 ▼ 353 · as of Mar 2026

Top Industry

Semiconductors 26.3%

3Y Alpha vs SPY

+8.6%

Period ended 3 months ago

Filed May 1, 2026 · 2mo

10 quarters · since Dec 2023

Clone Performance

Feb 2024–Jul 2026 · vs SPY

Hypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.

Cloned portfolio

+81.4%

SPY

+53.6%

Annualised alpha

+8.6%

Max drawdown

−31.6%

Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.

Portfolio Concentration

808 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025

Top Position

9.9%

−2.3 pts

Top 5

32.1%

−5.0 pts

Top 10

45.9%

−5.4 pts

HHI

307

Diversified−80

Portfolio Trend

10 quarters · across all stocks

Sector Breakdown

As of Mar 31, 2026

Sector	% Portfolio	Value	Positions
Technology	51.8%	$118,047,231	181
Financial Services	8.6%	$19,618,520	98
Consumer Cyclical	8.4%	$19,162,318	106
Communication Services	7.0%	$15,857,912	32
Healthcare	6.6%	$15,107,271	95
Unclassified	5.6%	$12,704,641	7
Basic Materials	4.2%	$9,675,155	41
Industrials	3.2%	$7,197,389	119
Energy	2.7%	$6,224,995	48
Consumer Defensive	1.1%	$2,391,385	50
Utilities	0.8%	$1,727,036	28
Real Estate	0.0%	$5,047	3

Last Quarter's Activity

Export CSV

Mar 31, 2026 vs Dec 31, 2025

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
HMY	Harmony Gold Mining Co Ltd	+160,690	212,390	$3,264,434
JOBY	Joby Aviation, Inc.	+59,369	137,773	$1,138,004
PSKY	Paramount Skydance Corp	+38,988	39,434	$355,694
IREN	IREN Ltd	+37,292	83,091	$2,848,359
CDE	Coeur Mining, Inc.	+27,281	46,068	$864,696
UNH	Unitedhealth Group Inc	+24,028	33,626	$9,098,859
AAL	American Airlines Group Inc.	+20,634	23,788	$255,483
NVO	Novo Nordisk A S	+16,176	28,428	$1,044,729
QS	QuantumScape Corp	+16,052	26,195	$167,124
OXY	Occidental Petroleum Corp /De/	+10,931	18,278	$1,188,070
RIVN	Rivian Automotive, Inc. / DE	+8,288	21,762	$327,518
STLA	Stellantis N.V.	+7,035	8,552	$60,633
DOCS	Doximity, Inc.	+6,898	7,147	$166,525
GLDM	World Gold Trust	+6,861	36,785	$3,409,601
SNDK	Sandisk Corp	+6,445	16,190	$10,286,154
STM	STMicroelectronics N.V.	+6,072	9,252	$319,656
QCOM	Qualcomm Inc/De	+5,084	8,236	$1,060,632
NET	Cloudflare, Inc.	+4,873	7,259	$1,497,822
CTVA	Corteva, Inc.	+4,778	4,787	$400,719
ORCL	Oracle Corp	+4,580	17,618	$2,591,783
TME	Tencent Music Entertainment Group	+4,522	4,642	$43,077
DB	Deutsche Bank Aktiengesellschaft	+4,510	8,981	$267,454
GFI	Gold Fields Ltd	+4,471	8,454	$383,811
MSFT	Microsoft Corp	+4,042	18,254	$6,757,083
PYPL	PayPal Holdings, Inc.	+4,014	16,133	$729,695
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
SOFI	SoFi Technologies, Inc.	−357,054	394,867	$6,270,487
SOUN	Soundhound Ai, Inc.	−295,059	38,546	$264,811
PBR	Petrobras - Petroleo Brasileiro SA	−68,740	80,473	$1,669,814
NVDA	Nvidia Corp	−60,045	129,740	$22,626,656
IONQ	IonQ, Inc.	−51,498	74,267	$2,141,117
SLV	iShares Silver Trust	−40,981	39,537	$2,694,051
GOOGL	Alphabet Inc.	−38,876	12,479	$3,588,461
NEM	NEWMONT Corp /DE/	−36,693	24,112	$2,610,124
NU	Nu Holdings Ltd.	−30,513	15,538	$223,281
ACHR	Archer Aviation Inc.	−25,562	5,093	$26,330
GTM	ZoomInfo Technologies Inc.	−20,000	6	$35
HIMS	Hims & Hers Health, Inc.	−19,252	13,029	$270,482
CRCL	Circle Internet Group, Inc.	−19,039	19,003	$1,813,076
SMR	NUSCALE POWER Corp	−18,622	28,536	$309,330
PLTR	Palantir Technologies Inc.	−17,961	85,917	$12,567,938
HL	Hecla Mining Co/De/	−14,472	29,092	$541,983
ASTS	AST SpaceMobile, Inc.	−13,672	31,087	$2,576,179
AFRM	Affirm Holdings, Inc.	−12,486	4,136	$189,511
CRWV	CoreWeave, Inc.	−12,310	35,953	$2,785,278
ONON	On Holding AG	−12,272	1,211	$41,198
INTC	Intel Corp	−12,115	38,223	$1,686,780
PTON	Peloton Interactive, Inc.	−11,948	3	$12
PINS	Pinterest, Inc.	−10,082	2,476	$45,409
VZ	Verizon Communications Inc	−9,258	2,508	$125,901
CIFR	Cipher Digital Inc.	−8,849	3,548	$45,662
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
VIST	Vista Energy, S.A.B. de C.V.	24,079	$1,817,242
PL	Planet Labs PBC	7,009	$195,901
EMBJ	Embraer S.A.	2,655	$157,547
AMCR	Amcor plc	3,725	$148,068
ING	Ing Groep NV	3,400	$88,570
AZO	Autozone Inc	13	$43,911
MAT	Mattel Inc /De/	3,000	$43,590
DOCN	DigitalOcean Holdings, Inc.	443	$38,000
HUM	Humana Inc	200	$34,678
FIGR	Figure Technology Solutions, Inc.	890	$30,215
QBTS	D-Wave Quantum Inc.	2,036	$29,379
FRO	Frontline plc	739	$25,761
APLD	Applied Digital Corp.	1,000	$23,740
WAL	Western Alliance Bancorporation	301	$21,325
Q	Qnity Electronics, Inc.	180	$20,768
HPQ	Hp Inc	992	$19,056
TCOM	Trip.com Group Ltd	370	$18,422
LEU	Centrus Energy Corp	104	$18,053
LSCC	Lattice Semiconductor Corp	150	$13,914
SM	SM Energy Co	397	$12,378
VICR	Vicor Corp	75	$12,075
WFRD	Weatherford International plc	110	$10,403
GSAT	Globalstar, Inc.	150	$9,963
PRAX	Praxis Precision Medicines, Inc.	25	$8,054
NTRA	Natera, Inc.	40	$7,999
No positions match the current search.

Sold Out

Positions the filer fully exited

25 positions

Ticker	Company	Shares	Value
BDX	Becton Dickinson & Co	413	$63,011
CBRE	Cbre Group, Inc.	300	$48,237
HSIC	Henry Schein Inc	500	$37,790
DJT	Trump Media & Technology Group Corp.	1,656	$21,925
GME	GameStop Corp.	1,045	$20,983
UTHR	UNITED THERAPEUTICS Corp	40	$19,490
RRX	Regal Rexnord Corp	110	$15,435
STT	State Street Corp	111	$14,320
ARGX	Argenx SE	15	$12,614
H	Hyatt Hotels Corp	57	$9,138
CLX	Clorox Co /De/	90	$9,074
BIO	Bio-Rad Laboratories, Inc.	28	$8,483
EVR	Evercore Inc.	22	$7,485
EXPD	Expeditors International Of Washington Inc	48	$7,152
IONS	Ionis Pharmaceuticals Inc	90	$7,119
GWW	W.W. Grainger, Inc.	7	$7,063
BURL	Burlington Stores, Inc.	24	$6,932
STUB	StubHub Holdings, Inc.	500	$6,765
TYL	Tyler Technologies Inc	14	$6,355
BBIO	BridgeBio Pharma, Inc.	66	$5,048
EA	Electronic Arts Inc.	24	$4,903
UBS	UBS Group AG	100	$4,631
LEVI	Levi Strauss & Co	220	$4,562
NYT	New York Times Co	60	$4,165
DRI	Darden Restaurants Inc	22	$4,048
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

808 positions · $227,718,900 total · as of Mar 31, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 808 positions by value · page 1 of 17

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
NVDA	Nvidia Corp Technology	Reduced	129,740	-60,045	$22,626,656	−36.1%	9.94%
MU	Micron Technology Inc Technology	Added	48,138	+1,817	$16,262,941	+23.0%	7.14%
PLTR	Palantir Technologies Inc. Technology	Reduced	85,917	-17,961	$12,567,938	−31.9%	5.52%
TSLA	Tesla, Inc. Consumer Cyclical	Reduced	30,640	-8,482	$11,390,420	−35.3%	5.00%
SNDK	Sandisk Corp Technology	Added	16,190	+6,445	$10,286,154	+344.7%	4.52%
UNH	Unitedhealth Group Inc Healthcare	Added	33,626	+24,028	$9,098,859	+187.2%	4.00%
MSFT	Microsoft Corp Technology	Added	18,254	+4,042	$6,757,083	−1.7%	2.97%
SOFI	SoFi Technologies, Inc. Financial Services	Reduced	394,867	-357,054	$6,270,487	−68.1%	2.75%
AVGO	Broadcom Inc. Technology	Reduced	15,976	-6,060	$4,944,731	−35.2%	2.17%
NFLX	Netflix Inc Communication Services	Added	44,654	+821	$4,293,482	+4.5%	1.89%
QQQ	Invesco Qqq Trust, Series 1	Added	6,259	+642	$3,612,569	+4.7%	1.59%
GOOGL	Alphabet Inc. Communication Services	Reduced	12,479	-38,876	$3,588,461	−77.7%	1.58%
META	Meta Platforms, Inc. Communication Services	Reduced	6,040	-5,085	$3,455,665	−52.9%	1.52%
GLDM	World Gold Trust	Added	36,785	+6,861	$3,409,601	+33.5%	1.50%
LITE	Lumentum Holdings Inc. Technology	Added	4,654	+2,158	$3,270,645	+255.5%	1.44%
HMY	Harmony Gold Mining Co Ltd Basic Materials	Added	212,390	+160,690	$3,264,434	+217.3%	1.43%
IREN	IREN Ltd Financial Services	Added	83,091	+37,292	$2,848,359	+64.7%	1.25%
MSTR	Strategy Inc Technology	Added	22,815	+2,996	$2,847,312	−5.5%	1.25%
CRWV	CoreWeave, Inc. Technology	Reduced	35,953	-12,310	$2,785,278	−19.4%	1.22%
SLV	iShares Silver Trust	Reduced	39,537	-40,981	$2,694,051	−48.1%	1.18%
NEM	NEWMONT Corp /DE/ Basic Materials	Reduced	24,112	-36,693	$2,610,124	−57.0%	1.15%
COIN	Coinbase Global, Inc. Financial Services	Reduced	14,932	-705	$2,607,276	−26.3%	1.14%
ORCL	Oracle Corp Technology	Added	17,618	+4,580	$2,591,783	+2.0%	1.14%
TSM	Taiwan Semiconductor Manufacturing Co Ltd Technology	Added	7,655	+566	$2,587,007	+20.1%	1.14%
ASTS	AST SpaceMobile, Inc. Technology	Reduced	31,087	-13,672	$2,576,179	−20.8%	1.13%
AMZN	Amazon Com Inc Consumer Cyclical	Added	12,048	+1,998	$2,509,236	+8.2%	1.10%
GS	Goldman Sachs Group Inc Financial Services	Reduced	2,675	-2,282	$2,263,023	−48.1%	0.99%
IONQ	IonQ, Inc. Technology	Reduced	74,267	-51,498	$2,141,117	−62.1%	0.94%
GLD	Spdr Gold Trust	Reduced	4,244	-778	$1,826,150	−8.2%	0.80%
VIST	Vista Energy, S.A.B. de C.V. Energy	NEW	24,079	NEW	$1,817,242	NEW	0.80%
APP	AppLovin Corp Communication Services	Reduced	4,557	-1,919	$1,813,686	−58.4%	0.80%
CRCL	Circle Internet Group, Inc. Financial Services	Reduced	19,003	-19,039	$1,813,076	−39.9%	0.80%
INTC	Intel Corp Technology	Reduced	38,223	-12,115	$1,686,780	−9.2%	0.74%
LLY	ELI LILLY & Co Healthcare	Reduced	1,832	-9	$1,685,018	−14.8%	0.74%
PBR	Petrobras - Petroleo Brasileiro SA Energy	Reduced	80,473	-68,740	$1,669,814	−5.6%	0.73%
AMD	Advanced Micro Devices Inc Technology	Reduced	8,020	-6,186	$1,631,508	−46.4%	0.72%
ARM	Arm Holdings PLC /Uk Technology	Reduced	10,667	-6,245	$1,613,703	−12.7%	0.71%
AAPL	Apple Inc. Technology	Reduced	6,125	-2,238	$1,554,463	−31.6%	0.68%
NET	Cloudflare, Inc. Technology	Added	7,259	+4,873	$1,497,822	+218.4%	0.66%
CRDO	Credo Technology Group Holding Ltd Technology	Reduced	15,068	-4,380	$1,414,433	−49.5%	0.62%
ADBE	Adobe Inc. Technology	Added	5,611	+912	$1,363,921	−17.1%	0.60%
OXY	Occidental Petroleum Corp /De/ Energy	Added	18,278	+10,931	$1,188,070	+293.3%	0.52%
JOBY	Joby Aviation, Inc. Industrials	Added	137,773	+59,369	$1,138,004	+10.0%	0.50%
PFE	Pfizer Inc Healthcare	Reduced	40,243	-7,423	$1,130,023	−4.8%	0.50%
QCOM	Qualcomm Inc/De Technology	Added	8,236	+5,084	$1,060,632	+96.7%	0.47%
NVO	Novo Nordisk A S Healthcare	Added	28,428	+16,176	$1,044,729	+67.6%	0.46%
ALAB	Astera Labs, Inc. Technology	Added	9,355	+43	$1,025,308	−33.8%	0.45%
OKLO	Oklo Inc. Utilities	Reduced	20,482	-4,433	$1,015,702	−43.2%	0.45%
MRVL	Marvell Technology, Inc. Technology	Reduced	9,380	-1,564	$929,089	−0.1%	0.41%
GEV	GE Vernova Inc. Industrials	Added	1,043	+262	$910,434	+78.4%	0.40%