Rakuten Investment Management, Inc.
Filing Date
Global Rank
#520
/ 8,608
▼ 34
· as of Mar 2026
Top Industry
Semiconductors
18.2%
3Y Alpha vs SPY
-6.3%
Period ended 3 months ago
Filed May 12, 2026 · 2mo
23 quarters · since Mar 2020
Clone Performance
Jul 2023–Jul 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+46.5%
SPY
+73.9%
Annualised alpha
-6.7%
Max drawdown
−19.7%
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
428 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
10.5%
+2.0 pts
Top 5
27.8%
−2.0 pts
Top 10
36.9%
−3.9 pts
HHI
235
Diversified−8
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 34.1% | $2,415,148,073 |
| Communication Services | 11.3% | $802,561,284 |
| Healthcare | 10.1% | $715,941,634 |
| Financial Services | 10.1% | $713,846,017 |
| Industrials | 7.9% | $556,918,917 |
| Consumer Cyclical | 7.5% | $528,272,109 |
| Consumer Defensive | 7.2% | $506,181,376 |
| Energy | 4.9% | $349,112,219 |
| Utilities | 2.9% | $203,946,157 |
| Real Estate | 2.1% | $150,989,085 |
| Basic Materials | 1.4% | $98,247,444 |
| Unclassified | 0.5% | $32,364,709 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
25 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| NVDA | Nvidia Corp | +483,097 | 4,240,392 | $739,524,364 | |
| WMT | Walmart Inc. | +362,450 | 939,304 | $116,736,701 | |
| SLB | Slb Limited/Nv | +221,852 | 418,365 | $21,499,777 | |
| INTC | Intel Corp | +157,353 | 1,130,361 | $49,882,830 | |
| MSFT | Microsoft Corp | +135,421 | 1,242,866 | $460,071,707 | |
| XEL | Xcel Energy Inc | +124,648 | 234,389 | $18,619,862 | |
| GSG | iShares S&P GSCI Commodity-Indexed Trust | +118,000 | 236,000 | $7,611,000 | |
| AVGO | Broadcom Inc. | +111,093 | 845,898 | $261,813,889 | |
| GOOGL | Alphabet Inc. | +109,460 | 988,525 | $284,260,249 | |
| T | At&T Inc. | +108,198 | 1,043,393 | $30,247,963 | |
| PFE | Pfizer Inc | +95,870 | 843,816 | $23,694,353 | |
| HBAN | Huntington Bancshares Inc /Md/ | +94,308 | 301,107 | $4,712,324 | |
| NFLX | Netflix Inc | +90,172 | 876,812 | $84,305,473 | |
| CSCO | Cisco Systems, Inc. | +87,545 | 819,740 | $63,603,626 | |
| IAU | Ishares Gold Trust | +72,574 | 145,148 | $12,796,246 | |
| VZ | Verizon Communications Inc | +71,151 | 625,816 | $31,415,963 | |
| CMCSA | Comcast Corp | +70,523 | 746,855 | $21,442,207 | |
| TSLA | Tesla, Inc. | +68,095 | 524,929 | $195,142,355 | |
| KO | Coca Cola Co | +66,818 | 585,299 | $44,511,988 | |
| F | Ford Motor Co | +66,671 | 581,314 | $6,708,363 | |
| XOM | ExxonMobil Holdings Corp | +65,392 | 622,111 | $105,547,352 | |
| WBD | Warner Bros. Discovery, Inc. | +53,754 | 508,646 | $13,967,419 | |
| PLTR | Palantir Technologies Inc. | +50,961 | 474,397 | $69,394,793 | |
| FITB | Fifth Third Bancorp | +46,539 | 133,532 | $6,203,896 | |
| RKT | Rocket Companies, Inc. | +45,864 | 84,758 | $1,207,801 | |
| No positions match the current search. | |||||
Sold Out
Positions the filer fully exited
25 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| AAPL | Apple Inc. | 2,235,441 | $607,726,990 | |
| AMZN | Amazon Com Inc | 1,483,366 | $342,390,540 | |
| BRK-B | Berkshire Hathaway Inc | 221,944 | $111,560,151 | |
| AMD | Advanced Micro Devices Inc | 348,137 | $74,557,019 | |
| BAC | Bank Of America Corp /De/ | 897,273 | $49,350,015 | |
| AMAT | Applied Materials Inc /De | 167,938 | $43,158,386 | |
| AMGN | Amgen Inc | 99,999 | $32,730,672 | |
| RTX | RTX Corp | 176,284 | $32,330,485 | |
| ADI | Analog Devices Inc | 110,131 | $29,867,527 | |
| ABT | Abbott Laboratories | 228,815 | $28,668,231 | |
| AXP | American Express Co | 71,504 | $26,452,904 | |
| BA | Boeing Co | 103,099 | $22,384,854 | |
| APH | Amphenol Corp /De/ | 160,891 | $21,742,809 | |
| ADP | Automatic Data Processing Inc | 75,063 | $19,308,455 | |
| ANET | Arista Networks, Inc. | 137,353 | $17,997,363 | |
| ADSK | Autodesk, Inc. | 39,463 | $11,681,442 | |
| AEP | American Electric Power Co Inc | 99,223 | $11,441,404 | |
| ABNB | Airbnb, Inc. | 79,524 | $10,792,997 | |
| BNY | Bank of New York Mellon Corp | 92,070 | $10,688,406 | |
| ELV | Elevance Health, Inc. | 29,360 | $10,292,148 | |
| FTNT | Fortinet, Inc. | 124,808 | $9,911,003 | |
| TDG | TransDigm Group INC | 7,402 | $9,843,549 | |
| MELI | Mercadolibre Inc | 4,669 | $9,404,579 | |
| ROP | Roper Technologies Inc | 19,969 | $8,888,800 | |
| TRV | Travelers Companies, Inc. | 29,432 | $8,537,045 | |
| No positions match the current search. | ||||
428 positions ·
$7,073,529,024 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 428 positions by value
· page 1 of 9
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| NVDA |
Nvidia Corp
Technology
|
Added | 4,240,392 | $739,524,364 | 10.45% | |
| MSFT |
Microsoft Corp
Technology
|
Added | 1,242,866 | $460,071,707 | 6.50% | |
| GOOGL |
Alphabet Inc.
Communication Services
|
Added | 988,525 | $284,260,249 | 4.02% | |
| AVGO |
Broadcom Inc.
Technology
|
Added | 845,898 | $261,813,889 | 3.70% | |
| META |
Meta Platforms, Inc.
Communication Services
|
Added | 387,315 | $221,594,530 | 3.13% | |
| TSLA |
Tesla, Inc.
Consumer Cyclical
|
Added | 524,929 | $195,142,355 | 2.76% | |
| JPM |
Jpmorgan Chase & Co
Financial Services
|
Added | 401,444 | $118,088,767 | 1.67% | |
| WMT |
Walmart Inc.
Consumer Defensive
|
Added | 939,304 | $116,736,701 | 1.65% | |
| LLY |
ELI LILLY & Co
Healthcare
|
Added | 118,160 | $108,680,023 | 1.54% | |
| XOM |
ExxonMobil Holdings Corp
Energy
|
Added | 622,111 | $105,547,352 | 1.49% | |
| COST |
Costco Wholesale Corp /New
Consumer Defensive
|
Added | 92,099 | $91,770,206 | 1.30% | |
| MU |
Micron Technology Inc
Technology
|
Added | 266,096 | $89,897,872 | 1.27% | |
| JNJ |
Johnson & Johnson
Healthcare
|
Added | 357,624 | $87,417,610 | 1.24% | |
| NFLX |
Netflix Inc
Communication Services
|
Added | 876,812 | $84,305,473 | 1.19% | |
| V |
Visa Inc.
Financial Services
|
Added | 249,725 | $75,476,884 | 1.07% | |
| PLTR |
Palantir Technologies Inc.
Technology
|
Added | 474,397 | $69,394,793 | 0.98% | |
| CSCO |
Cisco Systems, Inc.
Technology
|
Added | 819,740 | $63,603,626 | 0.90% | |
| LRCX |
Lam Research Corp
Technology
|
Added | 288,176 | $61,571,684 | 0.87% | |
| MA |
Mastercard Inc
Financial Services
|
Added | 122,478 | $61,197,357 | 0.87% | |
| CVX |
Chevron Corp
Energy
|
Added | 280,111 | $57,954,965 | 0.82% | |
| ABBV |
AbbVie Inc.
Healthcare
|
Added | 262,298 | $57,047,192 | 0.81% | |
| PG |
PROCTER & GAMBLE Co
Consumer Defensive
|
Added | 345,541 | $49,909,942 | 0.71% | |
| INTC |
Intel Corp
Technology
|
Added | 1,130,361 | $49,882,830 | 0.71% | |
| CAT |
Caterpillar Inc
Industrials
|
Added | 69,188 | $49,016,930 | 0.69% | |
| HD |
Home Depot, Inc.
Consumer Cyclical
|
Added | 147,744 | $48,591,524 | 0.69% | |
| KO |
Coca Cola Co
Consumer Defensive
|
Added | 585,299 | $44,511,988 | 0.63% | |
| MRK |
Merck & Co., Inc.
Healthcare
|
Added | 368,357 | $44,309,663 | 0.63% | |
| GE |
General Electric Co
Industrials
|
Added | 155,954 | $44,255,066 | 0.63% | |
| PEP |
Pepsico Inc
Consumer Defensive
|
Added | 283,801 | $44,071,457 | 0.62% | |
| TXN |
Texas Instruments Inc
Technology
|
Added | 220,016 | $42,713,906 | 0.60% | |
| PM |
Philip Morris International Inc.
Consumer Defensive
|
Added | 231,025 | $38,197,673 | 0.54% | |
| GS |
Goldman Sachs Group Inc
Financial Services
|
Added | 44,513 | $37,657,552 | 0.53% | |
| ORCL |
Oracle Corp
Technology
|
Added | 253,204 | $37,248,840 | 0.53% | |
| WFC |
Wells Fargo & Company/Mn
Financial Services
|
Added | 461,294 | $36,723,615 | 0.52% | |
| UNH |
Unitedhealth Group Inc
Healthcare
|
Added | 134,435 | $36,376,766 | 0.51% | |
| GILD |
Gilead Sciences, Inc.
Healthcare
|
Added | 257,471 | $35,883,733 | 0.51% | |
| GEV |
GE Vernova Inc.
Industrials
|
Added | 40,201 | $35,091,452 | 0.50% | |
| QCOM |
Qualcomm Inc/De
Technology
|
Added | 268,358 | $34,559,143 | 0.49% | |
| ISRG |
Intuitive Surgical Inc
Healthcare
|
Added | 73,654 | $33,953,757 | 0.48% | |
| IBM |
International Business Machines Corp
Technology
|
Added | 138,724 | $33,625,310 | 0.48% | |
| MCD |
Mcdonalds Corp
Consumer Cyclical
|
Added | 105,691 | $32,847,705 | 0.46% | |
| VZ |
Verizon Communications Inc
Communication Services
|
Added | 625,816 | $31,415,963 | 0.44% | |
| HON |
Honeywell International Inc
Industrials
|
Added | 131,778 | $31,238,370 | 0.44% | |
| T |
At&T Inc.
Communication Services
|
Added | 1,043,393 | $30,247,963 | 0.43% | |
| C |
Citigroup Inc
Financial Services
|
Added | 261,432 | $29,649,003 | 0.42% | |
| MS |
Morgan Stanley
Financial Services
|
Added | 177,759 | $29,253,798 | 0.41% | |
| TMUS |
T-Mobile US, Inc.
Communication Services
|
Added | 136,888 | $28,750,586 | 0.41% | |
| NEE |
Nextera Energy Inc
Utilities
|
Added | 307,916 | $28,599,238 | 0.40% | |
| TMO |
Thermo Fisher Scientific Inc.
Healthcare
|
Added | 55,817 | $27,435,730 | 0.39% | |
| PANW |
Palo Alto Networks Inc
Technology
|
Added | 168,316 | $26,984,421 | 0.38% |