Rakuten Investment Management, Inc.

CIK

2062680

Location

TOKYO, M0

Portfolio Value

Large $34,911,163,958

Diversification

Highly concentrated

Filing Date

Global Rank

#237 / 8,793 ▼ 74 · as of Jun 2026

Top Industry

Semiconductors 22.5%

Period ended 3 months ago

Filed Aug 18, 2026 · 45d

24 quarters · since Mar 2020

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

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Portfolio Concentration

448 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

54.6%

−9.9 pts

Top 5

73.3%

−11.9 pts

Top 10

79.7%

−9.3 pts

HHI

3,088

Highly concentrated−1,204

Portfolio Trend

24 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	72.5%	$25,312,439,311	18
Technology	10.9%	$3,803,096,148	78
Communication Services	3.6%	$1,268,068,042	23
Financial Services	2.5%	$873,289,804	59
Healthcare	2.4%	$855,055,080	47
Industrials	2.2%	$753,016,174	61
Consumer Cyclical	1.9%	$658,172,031	39
Consumer Defensive	1.6%	$564,828,338	30
Energy	0.9%	$319,708,573	21
Utilities	0.6%	$215,295,646	26
Real Estate	0.5%	$183,501,790	30
Basic Materials	0.3%	$104,693,021	16

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
NVDA	Nvidia Corp	+527,365	4,767,757	$953,980,498
KLAC	Kla Corp	+354,063	385,680	$116,363,512
GOOGL	Alphabet Inc.	+231,444	2,039,876	$725,273,770
MSFT	Microsoft Corp	+158,946	1,401,812	$522,903,912
WMT	Walmart Inc.	+155,239	1,094,543	$123,967,940
NFLX	Netflix Inc	+137,713	1,014,525	$72,437,085
CSCO	Cisco Systems, Inc.	+131,269	951,009	$111,705,517
INTC	Intel Corp	+130,662	1,261,023	$176,076,641
AVGO	Broadcom Inc.	+123,941	969,839	$366,356,682
CMCSA	Comcast Corp	+113,015	859,870	$21,109,808
MRVL	Marvell Technology, Inc.	+99,838	275,841	$82,170,275
T	At&T Inc.	+95,028	1,138,421	$23,565,314
DVN	Devon Energy Corp/De	+94,501	185,340	$7,658,248
CVNA	Carvana Co.	+92,316	112,967	$7,435,487
PFE	Pfizer Inc	+87,751	931,567	$22,432,133
WBD	Warner Bros. Discovery, Inc.	+84,161	592,807	$15,804,234
TSLA	Tesla, Inc.	+75,495	600,424	$252,538,334
PLTR	Palantir Technologies Inc.	+72,001	546,398	$63,748,254
CSX	Csx Corp	+61,829	447,796	$21,283,743
F	Ford Motor Co	+59,112	640,426	$8,901,921
VZ	Verizon Communications Inc	+57,398	683,214	$28,927,280
XOM	ExxonMobil Holdings Corp	+56,508	678,619	$92,780,789
META	Meta Platforms, Inc.	+54,918	442,233	$249,105,426
RKLB	Rocket Lab Corp	+50,813	74,994	$7,623,140
KO	Coca Cola Co	+48,134	633,433	$51,479,099
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
VB	Vanguard Morningstar Small-Cap ETF	−46,029,636	50,663,858	$19,050,181,717
FNDA	Schwab Fundamental U.S. Small Company ETF	−37,617,425	50,125,665	$1,602,597,011
VEU	Vanguard FTSE All-World Ex-US ETF	−16,377,147	16,170,303	$2,449,256,530
VXUS	Vanguard Total International Stock ETF	−12,096,600	18,045,200	$1,542,684,148
AAXJ	iShares MSCI All Country Asia ex Japan ETF	−1,767,171	2,004,503	$222,766,534
VIGI	Vanguard International Dividend Appreciation ETF	−1,142,054	1,695,054	$267,869,383
BNDW	Vanguard Total World Bond ETF	−720,145	519,371	$41,962,210
ASHR	Xtrackers Harvest CSI 300 China A-Shares ETF	−250,651	239,115	$8,732,479
SLB	Slb Limited/Nv	−173,483	244,882	$11,384,564
GSG	iShares S&P GSCI Commodity-Indexed Trust	−118,000	118,000	$3,374,800
—		−88,924	85,166	$6,408,741
XEL	Xcel Energy Inc	−83,988	150,401	$12,077,200
VEA	Vanguard FTSE Developed Markets ETF	−74,126	694,424	$49,477,710
BKF	iShares MSCI BIC ETF	−63,703	50,343	$3,443,964
HON	Honeywell International Inc	−55,386	76,392	$17,104,168
DD	DuPont de Nemours, Inc.	−38,870	22,347	$3,031,147
RKT	Rocket Companies, Inc.	−33,082	51,676	$813,897
YUM	Yum Brands Inc	−32,600	45,127	$7,214,002
INSM	INSMED Inc	−31,740	12,109	$1,291,061
DOC	Healthpeak Properties, Inc.	−30,053	73,094	$1,564,211
XYL	Xylem Inc.	−28,981	39,191	$4,632,768
VIG	Vanguard Dividend Appreciation ETF	−27,510	86,124	$8,304,937
ZBH	Zimmer Biomet Holdings, Inc.	−24,417	32,282	$2,779,157
Q	Qnity Electronics, Inc.	−24,383	34,486	$5,631,908
CTSH	Cognizant Technology Solutions Corp	−21,693	77,759	$3,011,606
No positions match the current search.

New Positions

Positions the filer opened this quarter

21 positions

Ticker	Company	Shares	Value
APH	Amphenol Corp /De/	201,373	$71,012,174
BKNG	Booking Holdings Inc.	187,173	$33,361,715
BA	Boeing Co	126,533	$27,390,598
HONA	Honeywell Aerospace Inc.	76,392	$16,888,743
BNY	Bank of New York Mellon Corp	112,295	$16,238,979
BBAG	JPMorgan BetaBuilders U.S. Aggregate Bond ETF	251,534	$14,206,640
URI	United Rentals, Inc.	10,267	$11,631,381
ROP	Roper Technologies Inc	24,429	$8,266,529
SPCX	Space Exploration Technologies Corp	31,120	$5,317,163
NTRS	Northern Trust Corp	29,734	$5,168,958
EXR	Extra Space Storage Inc.	34,550	$5,020,115
VEEV	Veeva Systems Inc	24,697	$4,382,976
WRB	Berkley W R Corp	43,571	$3,073,062
ESS	Essex Property Trust, Inc.	10,523	$3,068,401
FDXF	FedEx Freight Holding Company, Inc.	17,952	$2,710,752
FERG	Ferguson Enterprises Inc. /DE/	11,185	$2,654,536
ALB	Albemarle Corp	12,504	$1,688,415
QRVO	Qorvo, Inc.	11,369	$1,060,386
HSIC	Henry Schein Inc	10,266	$857,416
MDLN	Medline Inc.	21,557	$850,208
YMM	Full Truck Alliance Co. Ltd.	36,784	$298,686
No positions match the current search.

Sold Out

Positions the filer fully exited

17 positions

Ticker	Company	Shares	Value
LRCX	Lam Research Corp	288,176	$61,571,684
IAU	Ishares Gold Trust	145,148	$12,796,246
CCL	Carnival Corp Ltd.	168,832	$4,369,372
ZS	Zscaler, Inc.	27,641	$3,877,755
TRI	Thomson Reuters Corp /Can/	26,281	$2,364,764
COO	Cooper Companies, Inc.	29,085	$2,079,577
JKHY	Jack Henry & Associates Inc	10,720	$1,694,188
IT	Gartner Inc	10,536	$1,668,270
CAG	Conagra Brands Inc.	47,113	$740,616
PINS	Pinterest, Inc.	29,747	$545,559
DKNG	DraftKings Inc.	22,366	$483,552
CPB	CAMPBELL'S Co	19,379	$431,570
SNAP	Snap Inc	53,757	$247,282
VIPS	Vipshop Holdings Ltd	14,003	$220,127
TAL	TAL Education Group	18,712	$212,755
—		112,727	$0
—		33,056	$0
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

448 tracked positions · $34,911,163,958 total · filing declares 467 positions · $34,638,722,665 · as of Jun 30, 2026

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

Showing 1–50 of 448 positions by value · page 1 of 9

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	% of Portfolio
VB	Vanguard Morningstar Small-Cap ETF	Reduced	50,663,858	-46,029,636	$19,050,181,717	−39.5%	54.57%
VEU	Vanguard FTSE All-World Ex-US ETF	Reduced	16,170,303	-16,377,147	$2,449,256,530	−44.0%	7.02%
FNDA	Schwab Fundamental U.S. Small Company ETF	Reduced	50,125,665	-37,617,425	$1,602,597,011	−40.7%	4.59%
VXUS	Vanguard Total International Stock ETF	Reduced	18,045,200	-12,096,600	$1,542,684,148	−33.6%	4.42%
NVDA	Nvidia Corp Technology	Added	4,767,757	+527,365	$953,980,498	+29.0%	2.73%
GOOGL	Alphabet Inc. Communication Services	Added	2,039,876	+231,444	$725,273,770	+39.6%	2.08%
MSFT	Microsoft Corp Technology	Added	1,401,812	+158,946	$522,903,912	+13.7%	1.50%
AVGO	Broadcom Inc. Technology	Added	969,839	+123,941	$366,356,682	+39.9%	1.05%
MU	Micron Technology Inc Technology	Added	299,691	+33,595	$345,930,324	+284.8%	0.99%
VIGI	Vanguard International Dividend Appreciation ETF	Reduced	1,695,054	-1,142,054	$267,869,383	−36.2%	0.77%
TSLA	Tesla, Inc. Consumer Cyclical	Added	600,424	+75,495	$252,538,334	+29.4%	0.72%
META	Meta Platforms, Inc. Communication Services	Added	442,233	+54,918	$249,105,426	+12.4%	0.71%
AAXJ	iShares MSCI All Country Asia ex Japan ETF	Reduced	2,004,503	-1,767,171	$222,766,534	—	0.64%
INTC	Intel Corp Technology	Added	1,261,023	+130,662	$176,076,641	+253.0%	0.50%
LLY	ELI LILLY & Co Healthcare	Added	130,079	+11,919	$156,020,667	+43.6%	0.45%
JPM	Jpmorgan Chase & Co Financial Services	Added	438,419	+36,975	$143,507,691	+21.5%	0.41%
WMT	Walmart Inc. Consumer Defensive	Added	1,094,543	+155,239	$123,967,940	+6.2%	0.36%
KLAC	Kla Corp Technology	Added	385,680	+354,063	$116,363,512	+150.0%	0.33%
CSCO	Cisco Systems, Inc. Technology	Added	951,009	+131,269	$111,705,517	+75.6%	0.32%
JNJ	Johnson & Johnson Healthcare	Added	393,806	+36,182	$100,014,909	+14.4%	0.29%
COST	Costco Wholesale Corp /New Consumer Defensive	Added	106,891	+14,792	$99,993,323	+9.0%	0.29%
V	Visa Inc. Financial Services	Added	272,694	+22,969	$93,558,584	+24.0%	0.27%
XOM	ExxonMobil Holdings Corp Energy	Added	678,619	+56,508	$92,780,789	−12.1%	0.27%
MRVL	Marvell Technology, Inc. Technology	Added	275,841	+99,838	$82,170,275	+371.3%	0.24%
CAT	Caterpillar Inc Industrials	Added	75,605	+6,417	$80,511,764	+64.3%	0.23%
TXN	Texas Instruments Inc Technology	Added	263,737	+43,721	$78,612,087	+84.0%	0.23%
ABBV	AbbVie Inc. Healthcare	Added	289,091	+26,793	$72,746,859	+27.5%	0.21%
NFLX	Netflix Inc Communication Services	Added	1,014,525	+137,713	$72,437,085	−14.1%	0.21%
APH	Amphenol Corp /De/ Technology	NEW	201,373	NEW	$71,012,174	NEW	0.20%
MA	Mastercard Inc Financial Services	Added	132,660	+10,182	$68,134,176	+11.3%	0.20%
PANW	Palo Alto Networks Inc Technology	Added	195,958	+27,642	$66,825,597	+147.6%	0.19%
GE	General Electric Co Industrials	Added	170,735	+14,781	$63,808,791	+44.2%	0.18%
PLTR	Palantir Technologies Inc. Technology	Added	546,398	+72,001	$63,748,254	−8.1%	0.18%
SNDK	Sandisk Corp Technology	Added	27,159	+205	$61,752,233	+260.6%	0.18%
UNH	Unitedhealth Group Inc Healthcare	Added	148,509	+14,074	$61,724,795	+69.7%	0.18%
HD	Home Depot, Inc. Consumer Cyclical	Added	162,910	+15,166	$57,455,098	+18.2%	0.16%
QCOM	Qualcomm Inc/De Technology	Added	308,812	+40,454	$57,065,369	+65.1%	0.16%
PG	PROCTER & GAMBLE Co Consumer Defensive	Added	380,603	+35,062	$55,811,623	+11.8%	0.16%
WDC	Western Digital Corp Technology	Added	83,124	+12,635	$53,092,961	+178.5%	0.15%
MRK	Merck & Co., Inc. Healthcare	Added	404,114	+35,757	$51,928,649	+17.2%	0.15%
GEV	GE Vernova Inc. Industrials	Added	44,108	+3,907	$51,820,724	+47.7%	0.15%
KO	Coca Cola Co Consumer Defensive	Added	633,433	+48,134	$51,479,099	+15.7%	0.15%
CVX	Chevron Corp Energy	Added	304,685	+24,574	$50,504,585	−12.9%	0.14%
VEA	Vanguard FTSE Developed Markets ETF	Reduced	694,424	-74,126	$49,477,710	+0.5%	0.14%
GS	Goldman Sachs Group Inc Financial Services	Added	48,251	+3,738	$48,799,613	+29.6%	0.14%
CRWD	CrowdStrike Holdings, Inc. Technology	Added	60,890	+8,582	$46,467,594	+127.5%	0.13%
PM	Philip Morris International Inc. Consumer Defensive	Added	254,918	+23,893	$46,117,215	+20.7%	0.13%
PEP	Pepsico Inc Consumer Defensive	Added	329,506	+45,705	$44,615,112	+1.2%	0.13%
IBM	International Business Machines Corp Technology	Added	153,622	+14,898	$43,200,042	+28.5%	0.12%
BNDW	Vanguard Total World Bond ETF	Reduced	519,371	-720,145	$41,962,210	−58.2%	0.12%

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.