Rakuten Investment Management, Inc.

13F filer · CIK 0002062680

Reported Aug 18, 2026

Net buyer this quarter

13F portfolio value$34.6BU.S. long equity reported on 13F

Positions43818 new · 17 closed

Net flow last quarter+$831MBuys minus sells

Top 10 positions weight11.0%Concentration

Holdings

13F · last 4 quarters free

Scroll for earlier quarters

Company	Value	% of portfolio	% of company	POSITION CHANGE qoq %	First reported
Q2 2026Reported Aug 18, 2026438 positions
NVDANvidia Corp	$930M	2.68%	0.02%	+12.4%	Q4 2023
MSFTMicrosoft Corp	$517M	1.49%	0.02%	+12.8%	Q1 2025
GOOGLAlphabet Inc.	$396M	1.14%	0.01%	+13.3%	Q4 2023
AVGOBroadcom Inc.	$361M	1.04%	0.02%	+14.7%	Q4 2023
MUMicron Technology Inc	$343M	0.99%	0.03%	+12.6%	Q1 2025
GOOGAlphabet Inc.	$323M	0.93%	Not reported	+12.2%	Q4 2023
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$269M	0.78%	Not reported	-40.3%	Q4 2019
METAMeta Platforms, Inc.	$249M	0.72%	Not reported	+14.2%	Q4 2023
TSLATesla, Inc.	$247M	0.71%	0.02%	+14.4%	Q4 2023
INTCIntel Corp	$166M	0.48%	0.03%	+11.6%	Q4 2023
LLYELI LILLY & Co	$160M	0.46%	0.01%	+10.1%	Q4 2023
JPMJPMorgan Chase & Co	$144M	0.42%	0.02%	+9.2%	Q4 2023
WMTWalmart Inc.	$125M	0.36%	0.01%	+16.5%	Q1 2025
CSCOCisco Systems, Inc.	$112M	0.32%	0.02%	+16.0%	Q4 2023
KLACKla Corp	$107M	0.31%	0.03%	+22.0%	Q4 2023
JNJJohnson & Johnson	$102M	0.29%	0.02%	+10.1%	Q4 2023
COSTCostco Wholesale Corp	$101M	0.29%	0.02%	+16.1%	Q4 2023
VVisa Inc.	$93.2M	0.27%	0.01%	+9.2%	Q4 2023
XOMExxonMobil Holdings Corp	$92.3M	0.27%	0.02%	+9.1%	Q4 2023
CATCaterpillar Inc	$78.1M	0.23%	0.02%	+9.3%	Q1 2025
MRVLMarvell Technology, Inc.	$76.6M	0.22%	0.03%	+56.7%	Q4 2023
TXNTexas Instruments Inc	$75.3M	0.22%	0.03%	+19.9%	Q1 2025
NFLXNetflix Inc	$74.9M	0.22%	0.02%	+15.7%	Q4 2023
ABBVAbbVie Inc.	$73.5M	0.21%	0.02%	+10.2%	Q1 2025
MAMastercard Inc	$67.6M	0.20%	0.01%	+8.3%	Q4 2023
PANWPalo Alto Networks Inc	$65.1M	0.19%	0.02%	+16.4%	Q1 2025
GEGeneral Electric Co	$63.8M	0.18%	0.02%	+9.5%	Q4 2023
PLTRPalantir Technologies Inc.	$63.2M	0.18%	0.02%	+15.2%	Q1 2025
UNHUnitedhealth Group Inc	$62.3M	0.18%	0.02%	+10.5%	Q4 2023
QCOMQualcomm Inc	$58.3M	0.17%	0.03%	+15.1%	Q4 2023
HDHome Depot, Inc.	$57.2M	0.16%	0.02%	+10.3%	Q4 2023
USRTEnigma-Bulwark, Ltd.	$56.9M	0.16%	Not reported	-43.3%	Q4 2021
PGPROCTER & GAMBLE Co	$56.5M	0.16%	0.02%	+10.2%	Q4 2023
SNDKSandisk Corp	$55.7M	0.16%	0.02%	+0.8%	Q4 2025
WDCWestern Digital Corp	$54.2M	0.16%	0.02%	+17.9%	Q1 2025
KOCoca Cola Co	$52.4M	0.15%	0.01%	+8.2%	Q4 2023
MRKMerck & Co., Inc.	$52.3M	0.15%	0.02%	+9.7%	Q4 2023
CVXChevron Corp	$51.3M	0.15%	0.02%	+8.8%	Q4 2023
GSGoldman Sachs Group Inc	$49.2M	0.14%	0.02%	+8.4%	Q4 2023
GEVGE Vernova Inc.	$48.6M	0.14%	0.02%	+9.7%	Q2 2024
PMPhilip Morris International Inc.	$46.6M	0.13%	0.02%	+10.3%	Q4 2023
PEPPepsico Inc	$45.7M	0.13%	0.02%	+16.1%	Q4 2023
CRWDCrowdStrike Holdings, Inc.	$45.2M	0.13%	0.02%	+16.4%	Q4 2023
IBMInternational Business Machines Corp	$42.7M	0.12%	0.02%	+10.7%	Q4 2023
WFCWells Fargo & Company	$41.8M	0.12%	0.02%	+8.6%	Q1 2025
MSMorgan Stanley	$41.3M	0.12%	0.01%	+9.9%	Q4 2023
ORCLOracle Corp	$41.3M	0.12%	0.01%	+10.3%	Q4 2023
CCitigroup Inc	$39.8M	0.11%	0.02%	+6.7%	Q4 2023
GILDGilead Sciences, Inc.	$37.8M	0.11%	0.02%	+16.2%	Q1 2025
ISRGIntuitive Surgical Inc	$34.7M	0.10%	0.02%	+15.9%	Q4 2023

Q1 2026Reported May 12, 2026435 positions
NVDANvidia Corp	$700M	1.42%	0.02%	+12.9%	Q4 2023
MSFTMicrosoft Corp	$446M	0.91%	0.02%	+12.2%	Q1 2025
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$399M	0.81%	Not reported	+100.0%	Q4 2019
GOOGLAlphabet Inc.	$270M	0.55%	0.01%	+12.5%	Q4 2023
AVGOBroadcom Inc.	$248M	0.50%	0.02%	+15.1%	Q4 2023
GOOGAlphabet Inc.	$224M	0.46%	Not reported	+12.7%	Q4 2023
METAMeta Platforms, Inc.	$208M	0.42%	Not reported	+12.7%	Q4 2023
TSLATesla, Inc.	$186M	0.38%	0.01%	+14.9%	Q4 2023
WMTWalmart Inc.	$116M	0.24%	0.01%	+62.8%	Q1 2025
JPMJPMorgan Chase & Co	$114M	0.23%	0.02%	+11.7%	Q4 2023
XOMExxonMobil Holdings Corp	$107M	0.22%	0.02%	+11.8%	Q4 2023
LLYELI LILLY & Co	$105M	0.21%	0.01%	+12.6%	Q4 2023
COSTCostco Wholesale Corp	$91.8M	0.19%	0.02%	+12.0%	Q4 2023
JNJJohnson & Johnson	$86.7M	0.18%	0.01%	+12.9%	Q4 2023
USRTEnigma-Bulwark, Ltd.	$86.5M	0.18%	Not reported	+100.0%	Q4 2021
MUMicron Technology Inc	$85.6M	0.17%	0.02%	+15.8%	Q1 2025
NFLXNetflix Inc	$81.5M	0.17%	0.02%	+11.5%	Q4 2023
VVisa Inc.	$74.8M	0.15%	0.01%	+12.3%	Q4 2023
PLTRPalantir Technologies Inc.	$65.3M	0.13%	0.02%	+12.0%	Q1 2025
CSCOCisco Systems, Inc.	$63.2M	0.13%	0.02%	+12.0%	Q4 2023
MAMastercard Inc	$60.5M	0.12%	0.01%	+12.1%	Q4 2023
CVXChevron Corp	$59M	0.12%	0.01%	+11.8%	Q4 2023
LRCXLam Research Corp	$57.6M	0.12%	0.02%	+8.5%	Q1 2025
ABBVAbbVie Inc.	$55.9M	0.11%	0.01%	+12.8%	Q1 2025
PGPROCTER & GAMBLE Co	$50M	0.10%	0.01%	+12.4%	Q4 2023
HDHome Depot, Inc.	$47.8M	0.10%	0.01%	+12.8%	Q4 2023
INTCIntel Corp	$46.6M	0.09%	0.02%	+16.2%	Q4 2023
CATCaterpillar Inc	$46.2M	0.09%	0.02%	+12.4%	Q1 2025
KOCoca Cola Co	$44.6M	0.09%	0.01%	+12.9%	Q4 2023
PEPPepsico Inc	$44.5M	0.09%	0.02%	+11.8%	Q4 2023
KLACKla Corp	$43.7M	0.09%	0.02%	+10.2%	Q4 2023
MRKMerck & Co., Inc.	$43.5M	0.09%	0.01%	+12.5%	Q4 2023
GEGeneral Electric Co	$42.6M	0.09%	0.01%	+12.2%	Q4 2023
TXNTexas Instruments Inc	$41M	0.08%	0.02%	+10.8%	Q1 2025
PMPhilip Morris International Inc.	$38.1M	0.08%	0.01%	+12.8%	Q4 2023
GSGoldman Sachs Group Inc	$35.9M	0.07%	0.02%	+12.5%	Q4 2023
WFCWells Fargo & Company	$35.4M	0.07%	0.02%	+11.0%	Q1 2025
UNHUnitedhealth Group Inc	$35.2M	0.07%	0.01%	+12.8%	Q4 2023
ORCLOracle Corp	$35.1M	0.07%	0.01%	+13.8%	Q4 2023
GILDGilead Sciences, Inc.	$35.1M	0.07%	0.02%	+11.9%	Q1 2025
QCOMQualcomm Inc	$34.1M	0.07%	0.03%	+17.3%	Q4 2023
ISRGIntuitive Surgical Inc	$33.3M	0.07%	0.02%	+11.7%	Q4 2023
IBMInternational Business Machines Corp	$32.9M	0.07%	0.01%	+12.9%	Q4 2023
GEVGE Vernova Inc.	$32.9M	0.07%	0.02%	+12.1%	Q2 2024
MCDMcdonalds Corp	$32.6M	0.07%	0.01%	+12.7%	Q4 2023
VZVerizon Communications Inc	$31.5M	0.06%	0.02%	+12.8%	Q4 2023
TAt&T Inc.	$30M	0.06%	0.01%	+11.6%	Q1 2025
HONHoneywell International Inc	$29.4M	0.06%	0.02%	+11.9%	Q4 2023
TMUST-Mobile US, Inc.	$29.3M	0.06%	0.01%	+9.8%	Q4 2023
NEENextera Energy Inc	$28.3M	0.06%	0.01%	+12.8%	Q4 2023

Q4 2025Reported Feb 17, 2026577 positions
NVDANvidia Corp	$707M	2.38%	0.02%	+6661.3%	Q4 2023
AAPLApple Inc.	$612M	2.06%	0.02%	+7643.7%	Q4 2023
MSFTMicrosoft Corp	$539M	1.82%	0.01%	+7429.0%	Q1 2025
AMZNAmazon Com Inc	$344M	1.16%	0.01%	+647.5%	Q4 2023
GOOGLAlphabet Inc.	$276M	0.93%	0.01%	+17950.6%	Q4 2023
AVGOBroadcom Inc.	$257M	0.86%	0.02%	+15756.8%	Q4 2023
GOOGAlphabet Inc.	$229M	0.77%	Not reported	-8.3%	Q4 2023
METAMeta Platforms, Inc.	$226M	0.76%	Not reported	+161.8%	Q4 2023
TSLATesla, Inc.	$210M	0.71%	0.01%	+3831.1%	Q4 2023
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$199M	0.67%	Not reported	Not reported	Q4 2019
JPMJPMorgan Chase & Co	$116M	0.39%	0.01%	+898.5%	Q4 2023
LLYELI LILLY & Co	$113M	0.38%	0.01%	+248.2%	Q4 2023
BRK.BBerkshire Hathaway Inc	$111M	0.37%	Not reported	+556.0%	Q4 2023
VVisa Inc.	$78.9M	0.27%	0.01%	+154.5%	Q4 2023
PLTRPalantir Technologies Inc.	$78M	0.26%	0.02%	+1245.2%	Q1 2025
AMDAdvanced Micro Devices Inc	$75.1M	0.25%	0.02%	+11.9%	Q4 2023
NFLXNetflix Inc	$74.1M	0.25%	0.02%	+743.7%	Q4 2023
COSTCostco Wholesale Corp	$71.4M	0.24%	0.02%	+28648.6%	Q4 2023
MUMicron Technology Inc	$67.6M	0.23%	0.02%	+172.5%	Q1 2025
XOMExxonMobil Holdings Corp	$67.1M	0.23%	0.01%	+238.2%	Q4 2023
JNJJohnson & Johnson	$65.8M	0.22%	0.01%	+597.0%	Q4 2023
WMTWalmart Inc.	$64.9M	0.22%	0.01%	+8527.8%	Q1 2025
MAMastercard Inc	$63.1M	0.21%	0.01%	+1833.1%	Q4 2023
CSCOCisco Systems, Inc.	$57M	0.19%	0.02%	+1559.0%	Q4 2023
ABBVAbbVie Inc.	$53.7M	0.18%	0.01%	+11.5%	Q1 2025
BACBank of America Corp	$49.7M	0.17%	0.01%	+7006.6%	Q4 2023
LRCXLam Research Corp	$46.7M	0.16%	0.02%	+617.7%	Q1 2025
HDHome Depot, Inc.	$45.5M	0.15%	0.01%	+1474.4%	Q4 2023
PGPROCTER & GAMBLE Co	$44.5M	0.15%	0.01%	-54.3%	Q4 2023
AMATApplied Materials Inc	$44.2M	0.15%	0.02%	+214.4%	Q4 2023
ORCLOracle Corp	$43.5M	0.15%	0.01%	+2240.2%	Q4 2023
GEGeneral Electric Co	$43.3M	0.15%	0.01%	-18.0%	Q4 2023
USRTEnigma-Bulwark, Ltd.	$43.2M	0.15%	Not reported	Not reported	Q4 2021
QCOMQualcomm Inc	$39.7M	0.13%	0.02%	+162.1%	Q4 2023
WFCWells Fargo & Company	$39.3M	0.13%	0.01%	+894.3%	Q1 2025
UNHUnitedhealth Group Inc	$39.2M	0.13%	0.01%	+353.3%	Q4 2023
ISRGIntuitive Surgical Inc	$37.9M	0.13%	0.02%	-92.4%	Q4 2023
CVXChevron Corp	$37.8M	0.13%	0.01%	+6207.5%	Q4 2023
IBMInternational Business Machines Corp	$37.6M	0.13%	0.01%	+1977.6%	Q4 2023
PEPPepsico Inc	$36.6M	0.12%	0.02%	+7891.0%	Q4 2023
KOCoca Cola Co	$36.4M	0.12%	0.01%	+4370.1%	Q4 2023
KLACKla Corp	$36.2M	0.12%	0.02%	+143.9%	Q4 2023
INTCIntel Corp	$35.7M	0.12%	0.02%	+10452.1%	Q4 2023
CATCaterpillar Inc	$35.6M	0.12%	0.01%	+408.6%	Q1 2025
GSGoldman Sachs Group Inc	$35.3M	0.12%	0.01%	+141.2%	Q4 2023
APPAppLovin Corp	$35.3M	0.12%	0.01%	-97.5%	Q1 2024
MRKMerck & Co., Inc.	$34.9M	0.12%	0.01%	+4501.1%	Q4 2023
TXNTexas Instruments Inc	$34.9M	0.12%	0.02%	+388.9%	Q1 2025
INTUIntuit Inc.	$34.9M	0.12%	0.02%	+522.3%	Q4 2023
CRMSalesforce, Inc.	$33.4M	0.11%	0.01%	+625.6%	Q4 2023

Q3 2025Reported Oct 30, 2025602 positions
ORLYO Reilly Automotive Inc	$616M	2.19%	0.40%	+2973.1%	Q4 2023
APPAppLovin Corp	$516M	1.84%	0.60%	+11773.7%	Q1 2024
MNSTMonster Beverage Corp	$514M	1.83%	0.10%	+895.9%	Q1 2025
BF.BBrown Forman Corp	$236M	0.84%	0.15%	+3909.1%	Q4 2023
MOHMolina Healthcare, Inc.	$220M	0.78%	0.58%	+5677.2%	Q4 2023
VYMDelaware Investments Minnesota Municipal Income Fund III Inc	$199M	0.71%	Not reported	+12.7%	Q4 2019
GOOGAlphabet Inc.	$194M	0.69%	Not reported	+52.3%	Q4 2023
TRVTravelers Companies, Inc.	$178M	0.63%	0.18%	+1835.8%	Q4 2023
MOAltria Group, Inc.	$161M	0.57%	0.04%	+324.4%	Q4 2023
KKRKKR & Co. Inc.	$103M	0.37%	0.04%	+440.7%	Q4 2023
BIIBBiogen Inc.	$99.1M	0.35%	0.14%	+961.4%	Q4 2023
NTRSNorthern Trust Corp	$83.6M	0.30%	0.04%	+285.5%	Q4 2023
EOGEog Resources Inc	$68.5M	0.24%	0.02%	+83.6%	Q4 2023
WMBWilliams Companies, Inc.	$68.4M	0.24%	0.02%	+80.4%	Q1 2025
PMPhilip Morris International Inc.	$66.2M	0.24%	0.02%	+160.6%	Q4 2023
FRTFederal Realty Investment Trust	$57.7M	0.21%	0.59%	+10163.1%	Q4 2023
MTDMettler Toledo International Inc/	$56M	0.20%	0.48%	+5042.6%	Q1 2025
PYPLPayPal Holdings, Inc.	$55.7M	0.20%	0.02%	+56.9%	Q4 2023
WDAYWorkday, Inc.	$53.4M	0.19%	0.24%	+1792.4%	Q4 2023
KIMKimco Realty Corp	$51.6M	0.18%	0.04%	+358.7%	Q4 2023
AMDAdvanced Micro Devices Inc	$50.2M	0.18%	0.02%	+29.2%	Q4 2023
HUBBHubbell Inc	$47.8M	0.17%	0.22%	+2294.2%	Q4 2023
ABBVAbbVie Inc.	$46.5M	0.17%	0.01%	+29.2%	Q1 2025
NETCloudflare, Inc.	$43.8M	0.16%	Not reported	+7560.5%	Q4 2023
USRTEnigma-Bulwark, Ltd.	$43.2M	0.15%	Not reported	+28.3%	Q4 2021
BDXBecton Dickinson & Co	$42.8M	0.15%	0.29%	+3003.9%	Q4 2023
RLRalph Lauren Corp	$42.5M	0.15%	Not reported	+10766.9%	Q4 2023
VMCVulcan Materials CO	$36.9M	0.13%	0.08%	+786.1%	Q1 2025
GISGeneral Mills Inc	$36.8M	0.13%	0.02%	+148.9%	Q4 2023
MTSIMACOM Technology Solutions Holdings, Inc.	$36.5M	0.13%	0.10%	+1118.5%	Q3 2024
CHDChurch & Dwight Co Inc	$35.7M	0.13%	0.09%	+917.6%	Q4 2023
MPWRMonolithic Power Systems, Inc.	$35.1M	0.12%	0.45%	+2391.2%	Q1 2025
RIVNRivian Automotive, Inc. / DE	$33M	0.12%	0.02%	+851.9%	Q1 2025
LKQLKQ Corp	$32.1M	0.11%	0.10%	+929.6%	Q4 2023
ZBHZimmer Biomet Holdings, Inc.	$32.1M	0.11%	0.19%	+1927.3%	Q4 2023
JNJJohnson & Johnson	$31.6M	0.11%	0.00%	-79.3%	Q4 2023
PFGPrincipal Financial Group Inc	$31.3M	0.11%	0.10%	+1032.1%	Q4 2023
IQVIqvia Holdings Inc.	$30.7M	0.11%	0.06%	+600.6%	Q4 2023
COINCoinbase Global, Inc.	$30.7M	0.11%	0.17%	+8562.1%	Q4 2023
TFCTruist Financial Corp	$30.6M	0.11%	0.01%	+38.4%	Q4 2023
ISRGIntuitive Surgical Inc	$29.9M	0.11%	0.24%	+1804.1%	Q4 2023
PLDPrologis, Inc.	$29.9M	0.11%	0.02%	+116.9%	Q4 2023
HTHTH World Group Ltd	$28.9M	0.10%	0.00%	+621.7%	Q1 2025
BMYBristol Myers Squibb Co	$28.8M	0.10%	0.00%	-97.2%	Q4 2023
SJMJ M SMUCKER Co	$27.7M	0.10%	0.11%	+1062.4%	Q4 2023
LENLennar Corp	$27.5M	0.10%	Not reported	+20.4%	Q1 2025
ABTAbbott Laboratories	$27.3M	0.10%	0.01%	+29.6%	Q4 2023
CORCencora, Inc.	$26.1M	0.09%	0.03%	+250.6%	Q1 2025
UALUnited Airlines Holdings, Inc.	$25.9M	0.09%	0.03%	+367.6%	Q1 2025
SWKSSkyworks Solutions, Inc.	$25.8M	0.09%	0.11%	+459.0%	Q4 2023

Premium opens every quarter this fund has filed