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. | ||||
78 positions ·
$2,472,362,116 total
· Technology 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
Showing 1–50
of 78 positions by value
· page 1 of 2
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| IOT |
Samsara Inc.
Technology
|
Added | 17,282 | $547,666 | 0.02% | |
| TOST |
Toast, Inc.
Technology
|
Added | 23,140 | $613,441 | 0.02% | |
| SSNC |
SS&C Technologies Holdings Inc
Technology
|
Added | 10,965 | $740,905 | 0.03% | |
| IONQ |
IonQ, Inc.
Technology
|
Added | 27,253 | $785,703 | 0.03% | |
| RMBS |
Rambus Inc
Technology
|
Added | 10,627 | $914,240 | 0.04% | |
| P |
Everpure, Inc.
Technology
|
Added | 15,659 | $924,507 | 0.04% | |
| CRWV |
CoreWeave, Inc.
Technology
|
Added | 11,998 | $929,485 | 0.04% | |
| ASTS |
AST SpaceMobile, Inc.
Technology
|
NEW | 11,231 | $930,712 | 0.04% | |
| GEN |
Gen Digital Inc.
Technology
|
Added | 80,452 | $1,514,911 | 0.06% | |
| SWKS |
Skyworks Solutions, Inc.
Technology
|
Added | 29,635 | $1,586,954 | 0.06% | |
| AKAM |
Akamai Technologies Inc
Technology
|
Added | 14,169 | $1,627,309 | 0.07% | |
| GDDY |
GoDaddy Inc.
Technology
|
Added | 20,057 | $1,658,112 | 0.07% | |
| IT |
Gartner Inc
Technology
|
Added | 10,536 | $1,668,270 | 0.07% | |
| JKHY |
Jack Henry & Associates Inc
Technology
|
Added | 10,720 | $1,694,188 | 0.07% | |
| SMCI |
Super Micro Computer, Inc.
Technology
|
Added | 76,376 | $1,739,081 | 0.07% | |
| ZM |
Zoom Communications, Inc.
Technology
|
Added | 23,414 | $1,882,251 | 0.08% | |
| TRMB |
Trimble Inc.
Technology
|
Added | 35,310 | $2,303,271 | 0.09% | |
| CDW |
CDW Corp
Technology
|
Added | 19,322 | $2,338,348 | 0.09% | |
| SNOW |
Snowflake Inc.
Technology
|
Added | 16,069 | $2,423,526 | 0.10% | |
| PTC |
Ptc Inc.
Technology
|
Added | 17,656 | $2,515,803 | 0.10% | |
| ALAB |
Astera Labs, Inc.
Technology
|
Added | 23,420 | $2,566,832 | 0.10% | |
| HPQ |
Hp Inc
Technology
|
Added | 136,238 | $2,617,131 | 0.11% | |
| FTV |
Fortive Corp
Technology
|
Added | 47,756 | $2,639,951 | 0.11% | |
| ENTG |
Entegris Inc
Technology
|
Added | 22,808 | $2,674,009 | 0.11% | |
| BR |
Broadridge Financial Solutions, Inc.
Technology
|
Added | 17,620 | $2,862,897 | 0.12% | |
| LDOS |
Leidos Holdings, Inc.
Technology
|
Added | 18,656 | $2,901,381 | 0.12% | |
| NTAP |
NetApp, Inc.
Technology
|
Added | 29,394 | $3,009,651 | 0.12% | |
| FSLR |
First Solar, Inc.
Technology
|
Added | 15,657 | $3,088,499 | 0.12% | |
| NET |
Cloudflare, Inc.
Technology
|
Added | 15,773 | $3,254,600 | 0.13% | |
| FIS |
Fidelity National Information Services, Inc.
Technology
|
Added | 76,854 | $3,605,221 | 0.15% | |
| ZS |
Zscaler, Inc.
Technology
|
Added | 27,641 | $3,877,755 | 0.16% | |
| MSTR |
Strategy Inc
Technology
|
Added | 31,591 | $3,942,556 | 0.16% | |
| JBL |
Jabil Inc
Technology
|
Added | 15,672 | $4,162,953 | 0.17% | |
| HPE |
Hewlett Packard Enterprise Co
Technology
|
Added | 197,495 | $4,702,355 | 0.19% | |
| XYZ |
Block, Inc.
Technology
|
Added | 81,279 | $4,891,370 | 0.20% | |
| WDAY |
Workday, Inc.
Technology
|
Added | 44,332 | $5,759,613 | 0.23% | |
| ON |
On Semiconductor Corp
Technology
|
Added | 97,739 | $6,051,998 | 0.24% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 17,925 | $6,057,753 | 0.25% | |
| CTSH |
Cognizant Technology Solutions Corp
Technology
|
Added | 99,452 | $6,101,380 | 0.25% | |
| PAYX |
Paychex Inc
Technology
|
Added | 69,155 | $6,370,558 | 0.26% | |
| Q |
Qnity Electronics, Inc.
Technology
|
Added | 58,869 | $6,792,304 | 0.27% | |
| KEYS |
Keysight Technologies, Inc.
Technology
|
Added | 25,470 | $7,191,963 | 0.29% | |
| DELL |
Dell Technologies Inc.
Technology
|
Added | 45,106 | $7,403,247 | 0.30% | |
| LITE |
Lumentum Holdings Inc.
Technology
|
NEW | 10,572 | $7,429,578 | 0.30% | |
| DDOG |
Datadog, Inc.
Technology
|
Added | 67,404 | $7,957,042 | 0.32% | |
| CIEN |
Ciena Corp
Technology
|
Added | 20,904 | $8,115,559 | 0.33% | |
| SHOP |
Shopify Inc.
Technology
|
Added | 72,434 | $8,592,121 | 0.35% | |
| COHR |
Coherent Corp.
Technology
|
Added | 44,726 | $10,654,180 | 0.43% | |
| MCHP |
Microchip Technology Inc
Technology
|
Added | 165,595 | $10,699,092 | 0.43% | |
| MSI |
Motorola Solutions, Inc.
Technology
|
Added | 24,710 | $10,723,398 | 0.43% |