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Portfolio (Quarterly) Guide ↗

Rakuten Investment Management, Inc.

· CIK 0002062680
13F Portfolio $49.2B AUM 509 positions Filed May 12, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 3 New 456 Added 3 Reduced 146 Exited
Page 3 of 24  ·  464 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 KLAC KLA CORP Technology 31,617.0 $43.7M 0.09% +3K +10.2% $1382.58 +30.5%
42 MRK MERCK & CO INC Healthcare 368,357.0 $43.5M 0.09% +41K +12.5% $118.10 -5.7%
43 GE GE AEROSPACE Industrials 155,954.0 $42.6M 0.09% +17K +12.2% $273.25 +3.0%
44 IEMG ISHARES INC 647,368.0 $42.5M 0.09% +324K +100.0% $65.70 +20.9%
45 TXN TEXAS INSTRS INC Technology 220,016.0 $41.0M 0.08% +21K +10.8% $186.42 +62.4%
46 PM PHILIP MORRIS INTL INC Consumer Defensive 231,025.0 $38.1M 0.08% +26K +12.8% $164.83 +15.0%
47 GS GOLDMAN SACHS GROUP INC Financial Services 44,513.0 $35.9M 0.07% +5K +12.5% $807.60 +17.4%
48 WFC WELLS FARGO & CO Financial Services 461,294.0 $35.4M 0.07% +46K +11.0% $76.80 -4.4%
49 UNH UNITEDHEALTH GROUP INC Healthcare 134,435.0 $35.2M 0.07% +15K +12.8% $261.79 +50.4%
50 ORCL ORACLE CORP Technology 253,204.0 $35.1M 0.07% +31K +13.8% $138.80 +39.0%
51 GILD GILEAD SCIENCES INC Healthcare 257,471.0 $35.1M 0.07% +27K +11.8% $136.34 -5.0%
52 QCOM QUALCOMM INC Technology 268,358.0 $34.1M 0.07% +40K +17.3% $127.07 +58.6%
53 VCSH VANGUARD SCOTTSDALE FDS 421,118.0 $33.6M 0.07% +211K +100.0% $79.88 -1.4%
54 ISRG INTUITIVE SURGICAL INC Healthcare 73,654.0 $33.3M 0.07% +8K +11.7% $452.77 -7.0%
55 IBM INTERNATIONAL BUSINESS MACHS Technology 138,724.0 $32.9M 0.07% +16K +12.9% $237.25 -7.6%
56 GEV GE VERNOVA INC Utilities 40,201.0 $32.9M 0.07% +4K +12.1% $817.35 +28.4%
57 MCD MCDONALDS CORP Consumer Cyclical 105,691.0 $32.6M 0.07% +12K +12.7% $308.53 -10.4%
58 VZ VERIZON COMMUNICATIONS INC Communication Services 625,816.0 $31.5M 0.06% +71K +12.8% $50.30 -7.8%
59 T AT&T INC Communication Services 1,043,393.0 $30.0M 0.06% +108K +11.6% $28.78 -16.5%
60 HON HONEYWELL INTL INC Industrials 131,778.0 $29.4M 0.06% +14K +11.9% $223.48 -4.6%
Page 3 of 24  ·  464 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 33.3%
Communication Services 13.8%
Financial Services 10.2%
Healthcare 9.8%
Industrials 7.2%
Consumer Defensive 7.1%
Consumer Cyclical 7.1%
Energy 4.9%
Utilities 3.2%
Real Estate 2.1%