Rakuten Investment Management, Inc.
Filing Date
Global Rank
#518
/ 8,586
▼ 35
Top Industry
Semiconductors
18.0%
3Y Alpha vs SPY
-7.6%
Period ended 3 months ago
Filed May 12, 2026 · 35d
23 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+47.0%
SPY
+78.1%
Annualised alpha
-7.5%
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
10.4%
+2.0 pts
Top 5
27.6%
−1.9 pts
Top 10
36.6%
−3.8 pts
HHI
232
Diversified−7
Portfolio Trend
23 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Technology | 34.7% | $2,472,362,116 |
| Communication Services | 11.3% | $802,561,284 |
| Healthcare | 10.0% | $715,941,634 |
| Financial Services | 10.0% | $714,892,196 |
| Industrials | 7.8% | $557,711,224 |
| Consumer Cyclical | 7.5% | $533,465,918 |
| Consumer Defensive | 7.1% | $506,181,376 |
| Energy | 4.9% | $349,112,219 |
| Utilities | 2.9% | $203,946,157 |
| Real Estate | 2.1% | $150,989,085 |
| Basic Materials | 1.3% | $92,639,967 |
| 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 | Exxon Mobil 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 | |
| BKNG | Booking Holdings Inc. | 5,988 | $32,067,716 | |
| 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 | |
| No positions match the current search. | ||||
15 positions ·
$92,639,967 total
· Basic Materials only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Energy
Financial Services
Healthcare
Industrials
Real Estate
Technology
Utilities
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MOS |
Mosaic Co
Basic Materials
|
Added | 31,260 | $797,130 | 0.86% | |
| CDE |
Coeur Mining, Inc.
Basic Materials
|
NEW | 52,622 | $987,714 | 1.07% | |
| IFF |
International Flavors & Fragrances Inc
Basic Materials
|
Added | 38,007 | $2,757,407 | 2.98% | |
| DD |
DuPont de Nemours, Inc.
Basic Materials
|
Added | 61,217 | $2,803,738 | 3.03% | |
| CF |
CF Industries Holdings, Inc.
Basic Materials
|
Added | 23,148 | $3,005,536 | 3.24% | |
| PPG |
Ppg Industries Inc
Basic Materials
|
Added | 33,303 | $3,559,424 | 3.84% | |
| STLD |
Steel Dynamics Inc
Basic Materials
|
Added | 20,445 | $3,680,100 | 3.97% | |
| DOW |
Dow Inc.
Basic Materials
|
Added | 106,152 | $4,421,230 | 4.77% | |
| VMC |
Vulcan Materials CO
Basic Materials
|
Added | 19,610 | $5,339,803 | 5.76% | |
| NUE |
Nucor Corp
Basic Materials
|
Added | 33,965 | $5,743,481 | 6.20% | |
| CTVA |
Corteva, Inc.
Basic Materials
|
Added | 99,969 | $8,368,404 | 9.03% | |
| ECL |
Ecolab Inc.
Basic Materials
|
Added | 37,831 | $10,063,802 | 10.86% | |
| SHW |
Sherwin Williams Co
Basic Materials
|
Added | 34,462 | $11,046,794 | 11.92% | |
| FCX |
Freeport-Mcmoran Inc
Basic Materials
|
Added | 213,232 | $12,533,776 | 13.53% | |
| NEM |
NEWMONT Corp /DE/
Basic Materials
|
Added | 161,955 | $17,531,628 | 18.92% |