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Portfolio (Quarterly) Guide ↗

RATIONAL ADVISORS, INC.

· CIK 0001143565
13F Portfolio $976M AUM 229 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 12 New 106 Added 55 Reduced 21 Exited
Page 2 of 10  ·  184 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 GLOBAL PMTS INC 10,637,000.0 $9.5M 0.98% +1.2M +12.5% $0.90
22 ON SEMICONDUCTOR CORP 9,952,000.0 $9.4M 0.96% $0.95
23 NEXTERA ENERGY INC 190,800.0 $9.3M 0.95% +116K +156.4% $48.75
24 VENTAS RLTY LTD PARTNERSHIP 6,310,000.0 $8.9M 0.91% $1.41
25 AMERICAN WTR CAP CORP 8,110,000.0 $8.1M 0.83% +1.6M +24.6% $1.00
26 ARES MANAGEMENT CORPORATION 158,000.0 $8.0M 0.82% +116K +275.3% $50.40
27 UBER TECHNOLOGIES INC 6,089,000.0 $7.9M 0.81% -1.2M -17.0% $1.30
28 PPL CAP FDG INC 7,190,000.0 $7.9M 0.81% +910K +14.5% $1.10
29 KKR & CO INC 150,400.0 $7.8M 0.80% -11K -6.9% $51.84
30 MBB ISHARES TR 81,858.0 $7.8M 0.80% -3K -3.8% $95.22 -1.2%
31 MERITAGE HOMES CORP 7,542,000.0 $7.4M 0.76% +520K +7.4% $0.98
32 GOOGL ALPHABET INC Communication Services 23,599.0 $7.4M 0.76% -12K -33.1% $313.00 +22.4%
33 SPY SPDR S&P 500 ETF TR Financial Services 10,760.0 $7.3M 0.75% +5K +91.9% $681.92 +9.3%
34 ALLIANT ENERGY CORP 6,930,000.0 $7.2M 0.74% $1.04
35 ETSY INC 8,040,000.0 $7.2M 0.73% $0.89
36 HEWLETT PACKARD ENTERPRISE C 89,440.0 $6.0M 0.61% $66.69
37 MSFT MICROSOFT CORP Technology 12,166.0 $5.9M 0.60% -879.0 -6.7% $483.62 -13.5%
38 AMZN AMAZON COM INC Consumer Cyclical 24,775.0 $5.7M 0.59% -6K -19.9% $230.82 +15.4%
39 FORD MTR CO 5,200,000.0 $5.4M 0.55% -1.5M -22.9% $1.04
40 AAPL APPLE INC Technology 19,524.0 $5.3M 0.54% -873.0 -4.3% $271.86 +13.6%
Page 2 of 10  ·  184 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 24.4%
Financial Services 17.7%
Consumer Cyclical 15.1%
Communication Services 13.8%
Industrials 9.8%
Healthcare 7.6%
Consumer Defensive 4.8%
Real Estate 2.7%
Utilities 2.2%
Energy 1.9%