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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 8 of 10  ·  184 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 ADP AUTOMATIC DATA PROCESSING IN Industrials 132.0 $34K 0.00% +12.0 +10.0% $257.23 -12.4%
142 CME CME GROUP INC Financial Services 121.0 $33K 0.00% +15.0 +14.2% $273.08 +6.6%
143 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 186.0 $30K 0.00% +13.0 +7.5% $161.96 -5.6%
144 MCO MOODYS CORP Financial Services 58.0 $30K 0.00% +7.0 +13.7% $510.84 -12.1%
145 WM WASTE MGMT INC DEL Industrials 133.0 $29K 0.00% +11.0 +9.0% $219.71 -0.8%
146 SNPS SYNOPSYS INC Technology 58.0 $27K 0.00% -2K -96.4% $469.72 +11.7%
147 SHW SHERWIN WILLIAMS CO Basic Materials 81.0 $26K 0.00% +10.0 +14.1% $324.02 -4.6%
148 NOC NORTHROP GRUMMAN CORP Industrials 46.0 $26K 0.00% +5.0 +12.2% $570.22 -2.6%
149 AON AON PLC Financial Services 72.0 $25K 0.00% +10.0 +16.1% $352.88 -8.0%
150 CTAS CINTAS CORP Industrials 133.0 $25K 0.00% +18.0 +15.7% $188.07 -8.0%
151 EQIX EQUINIX INC Real Estate 32.0 $25K 0.00% -469.0 -93.6% $766.16 +40.9%
152 CI THE CIGNA GROUP Healthcare 86.0 $24K 0.00% +10.0 +13.2% $275.23 +4.0%
153 CSX CSX CORP Industrials 625.0 $23K 0.00% +75.0 +13.6% $36.25 +25.6%
154 CENCORA INC 66.0 $22K 0.00% +8.0 +13.8% $337.76
155 RSG REPUBLIC SVCS INC Industrials 98.0 $21K 0.00% +3.0 +3.2% $211.93 -1.4%
156 ADSK AUTODESK INC Technology 69.0 $20K 0.00% +7.0 +11.3% $296.01 -18.6%
157 FORTINET INC 252.0 $20K 0.00% +30.0 +13.5% $79.41
158 IDXX IDEXX LABS INC Healthcare 28.0 $19K 0.00% +4.0 +16.7% $676.54 -17.3%
159 ZTS ZOETIS INC Healthcare 150.0 $19K 0.00% +20.0 +15.4% $125.82 -36.4%
160 NDAQ NASDAQ INC Financial Services 192.0 $19K 0.00% +61.0 +46.6% $97.13 -6.3%
Page 8 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%