Rakuten Investment Management
TOKYO, M0files as Rakuten Investment Management, Inc.
$34.6bn in 467 US stocks at the end of 30 June 2026. The top 10 are 77.5% of the money. It changed about 13.4% of the portfolio this quarter.
Value
$34.6bn
Stocks
467
Top 10 share
77.5%
Turnover
13.4%
What changed this quarter
New
Bought for the first time this quarter.
- Booking HoldingsBKNG<0.1% of the fund
- AmphenolAPH<0.1% of the fund
- BoeingBA<0.1% of the fund
- Honeywell AerospaceHONA<0.1% of the fund
- Bank of New York MellonBNY<0.1% of the fund
- J P Morgan Exchange Traded FJEPI<0.1% of the fund
- United RentalsURI<0.1% of the fund
- Roper TechnologiesROP<0.1% of the fund
- Northern TrustNTRS<0.1% of the fund
- Extra Space StorageEXR<0.1% of the fund
- Space Exploration TechnologiesSPCX<0.1% of the fund
- Veeva SystemsVEEV<0.1% of the fund
- Essex Property TrustESS<0.1% of the fund
- Berkley W RWRB<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- Ferguson EnterprisesFERG<0.1% of the fund
- AlbemarleALB<0.1% of the fund
- QorvoQRVO<0.1% of the fund
- Henry ScheinHSIC<0.1% of the fund
- MedlineMDLN<0.1% of the fund
- Full Truck AllianceYMM<0.1% of the fund
Added
Bought more of a stock they already held.
- NvidiaNVDA2.7% of the fund+12%
- MicrosoftMSFT1.5% of the fund+13%
- AlphabetGOOGL1.1% of the fund+13%
- BroadcomAVGO1.0% of the fund+15%
- Micron TechnologyMU1.0% of the fund+13%
- AlphabetGOOG0.9% of the fund+12%
- Meta PlatformsMETA0.7% of the fund+14%
- TeslaTSLA0.7% of the fund+14%
- IntelINTC0.5% of the fund+12%
- Eli LillyLLY0.5% of the fund+10%
- JPMorgan ChaseJPM0.4% of the fund+9%
- WalmartWMT0.4% of the fund+17%
- Cisco SystemsCSCO0.3% of the fund+16%
- KLAKLAC0.3% of the fund+22%
- Johnson & JohnsonJNJ0.3% of the fund+10%
- Costco WholesaleCOST0.3% of the fund+16%
- VisaV0.3% of the fund+9%
- ExxonMobil HoldingsXOM0.3% of the fund+9%
- CaterpillarCAT0.2% of the fund+9%
- Marvell TechnologyMRVL0.2% of the fund+57%
- Texas InstrumentsTXN0.2% of the fund+20%
- NetflixNFLX0.2% of the fund+16%
- AbbVieABBV0.2% of the fund+10%
- MastercardMA0.2% of the fund+8%
- Palo Alto NetworksPANW0.2% of the fund+16%
Cut
Sold some of their stake.
- Vanguard Index FDSVTI52.7% of the fund-48%
- Vanguard Intl Equity Index FVT6.9% of the fund-51%
- Vanguard Star FDSVXUS4.4% of the fund-40%
- Schwab Strategic TRSCHD4.3% of the fund-43%
- Vanguard Index FDSVOO1.9% of the fund-45%
- Vanguard Whitehall FDSVYM0.8% of the fund-40%
- Schwab Strategic TRSCHE0.3% of the fund-34%
- Ishares TRIVV0.2% of the fund-56%
- Ishares TRUSRT0.2% of the fund-43%
- Vanguard Intl Equity Index FVWO0.2% of the fund-41%
- Vanguard Tax-Managed FDSVEA0.1% of the fund-10%
- Vanguard Scottsdale FDSVCIT<0.1% of the fund-58%
- SalesforceCRM<0.1% of the fund-5%
- Ishares TRSOXX<0.1% of the fund-45%
- Honeywell InternationalHON<0.1% of the fund-42%
- IsharesIEMG<0.1% of the fund-68%
- Vanguard Scottsdale FDSVCSH<0.1% of the fund-58%
- Ishares TRUSHY<0.1% of the fund-45%
- Xcel EnergyXEL<0.1% of the fund-36%
- SLB LimitedSLB<0.1% of the fund-41%
- Ishares TRUSMV<0.1% of the fund-45%
- DBX ETF TRHYLB<0.1% of the fund-51%
- Vanguard Index FDSVNQ<0.1% of the fund-24%
- Ishares TREFA<0.1% of the fund-53%
- YUM BrandsYUM<0.1% of the fund-42%
Sold out
Sold their entire stake.
- Lam ResearchLRCX-100%
- Ishares Gold TRIAU-100%
- ZscalerZS-100%
- Coterra EnergyCTRA-100%
- Carnival-100%
- DuPont de NemoursDD-100%
- Hologic-100%
- Thomson Reuters-100%
- Cooper CompaniesCOO-100%
- Jack Henry & AssociatesJKHY-100%
- GartnerIT-100%
- Ishares TRIJH-100%
- Conagra BrandsCAG-100%
- PinterestPINS-100%
- DraftKingsDKNG-100%
- Campbell'sCPB-100%
- Vipshop HldgsVIPS-100%
- SnapSNAP-100%
- TAL ED GroupTAL-100%
Holdings
- Vanguard Index FDSVTI
- Share
- 52.7%
- Value
- $18.2bn
- Shares
- 49,708,819
-48%
- Vanguard Intl Equity Index FVT
- Share
- 6.9%
- Value
- $2.4bn
- Shares
- 15,258,597
-51%
- Vanguard Star FDSVXUS
- Share
- 4.4%
- Value
- $1.5bn
- Shares
- 18,045,200
-40%
- Schwab Strategic TRSCHD
- Share
- 4.3%
- Value
- $1.5bn
- Shares
- 47,138,834
-43%
- Vanguard Index FDSVOO
- Share
- 1.9%
- Value
- $650m
- Shares
- 955,039
-45%
- Vanguard Whitehall FDSVYM
- Share
- 0.8%
- Value
- $269m
- Shares
- 1,695,054
-40%
- Schwab Strategic TRSCHE
- Share
- 0.3%
- Value
- $106m
- Shares
- 2,945,288
-34%
- Ishares TRIVV
- Share
- 0.2%
- Value
- $68m
- Shares
- 91,857
-56%
- Ishares TRUSRT
- Share
- 0.2%
- Value
- $57m
- Shares
- 841,781
-43%
- Vanguard Intl Equity Index FVWO
- Share
- 0.2%
- Value
- $54m
- Shares
- 911,706
-41%
- Vanguard Tax-Managed FDSVEA
- Share
- 0.1%
- Value
- $49m
- Shares
- 694,424
-10%
- Invesco QQQ TRQQQ
- Share
- <0.1%
- Value
- $33m
- Shares
- 45,934
+253%
- Vanguard Scottsdale FDSVCIT
- Share
- <0.1%
- Value
- $27m
- Shares
- 331,167
-58%
- Ishares TRAGG
- Share
- <0.1%
- Value
- $24m
- Shares
- 241,493
Held
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Vanguard Index FDSVTI | 52.7% | $18.2bn | 49,708,819 | -48% |
| Vanguard Intl Equity Index FVT | 6.9% | $2.4bn | 15,258,597 | -51% |
| Vanguard Star FDSVXUS | 4.4% | $1.5bn | 18,045,200 | -40% |
| Schwab Strategic TRSCHD | 4.3% | $1.5bn | 47,138,834 | -43% |
| NvidiaNVDA | 2.7% | $930m | 4,767,757 | +12% |
| Vanguard Index FDSVOO | 1.9% | $650m | 955,039 | -45% |
| MicrosoftMSFT | 1.5% | $517m | 1,401,812 | +13% |
| AlphabetGOOGL | 1.1% | $396m | 1,119,897 | +13% |
| BroadcomAVGO | 1.0% | $361m | 969,839 | +15% |
| Micron TechnologyMU | 1.0% | $343m | 299,691 | +13% |
| AlphabetGOOG | 0.9% | $323m | 919,979 | +12% |
| Vanguard Whitehall FDSVYM | 0.8% | $269m | 1,695,054 | -40% |
| Meta PlatformsMETA | 0.7% | $249m | 442,233 | +14% |
| TeslaTSLA | 0.7% | $247m | 600,424 | +14% |
| IntelINTC | 0.5% | $166m | 1,261,023 | +12% |
| Eli LillyLLY | 0.5% | $160m | 130,079 | +10% |
| JPMorgan ChaseJPM | 0.4% | $144m | 438,419 | +9% |
| WalmartWMT | 0.4% | $125m | 1,094,543 | +17% |
| Cisco SystemsCSCO | 0.3% | $112m | 951,009 | +16% |
| KLAKLAC | 0.3% | $107m | 385,680 | +22% |
| Schwab Strategic TRSCHE | 0.3% | $106m | 2,945,288 | -34% |
| Johnson & JohnsonJNJ | 0.3% | $102m | 393,806 | +10% |
| Costco WholesaleCOST | 0.3% | $101m | 106,891 | +16% |
| VisaV | 0.3% | $93m | 272,694 | +9% |
| ExxonMobil HoldingsXOM | 0.3% | $92m | 678,619 | +9% |
| CaterpillarCAT | 0.2% | $78m | 75,605 | +9% |
| Marvell TechnologyMRVL | 0.2% | $77m | 275,841 | +57% |
| Texas InstrumentsTXN | 0.2% | $75m | 263,737 | +20% |
| NetflixNFLX | 0.2% | $75m | 1,014,525 | +16% |
| AbbVieABBV | 0.2% | $74m | 289,091 | +10% |
| Ishares TRIVV | 0.2% | $68m | 91,857 | -56% |
| MastercardMA | 0.2% | $68m | 132,660 | +8% |
| Palo Alto NetworksPANW | 0.2% | $65m | 195,958 | +16% |
| General ElectricGE | 0.2% | $64m | 170,735 | +9% |
| Palantir TechnologiesPLTR | 0.2% | $63m | 546,398 | +15% |
| UnitedHealth GroupUNH | 0.2% | $62m | 148,509 | +10% |
| QualcommQCOM | 0.2% | $58m | 308,812 | +15% |
| Home DepotHD | 0.2% | $57m | 162,910 | +10% |
| Ishares TRUSRT | 0.2% | $57m | 841,781 | -43% |
| Procter & GamblePG | 0.2% | $57m | 380,603 | +10% |
| SandiskSNDK | 0.2% | $56m | 27,159 | Held |
| Western DigitalWDC | 0.2% | $54m | 83,124 | +18% |
| Vanguard Intl Equity Index FVWO | 0.2% | $54m | 911,706 | -41% |
| Coca-ColaKO | 0.2% | $52m | 633,433 | +8% |
| MerckMRK | 0.2% | $52m | 404,114 | +10% |
| ChevronCVX | 0.1% | $51m | 304,685 | +9% |
| Vanguard Tax-Managed FDSVEA | 0.1% | $49m | 694,424 | -10% |
| Goldman Sachs GroupGS | 0.1% | $49m | 48,251 | +8% |
| GE VernovaGEV | 0.1% | $49m | 44,108 | +10% |
| Philip Morris InternationalPM | 0.1% | $47m | 254,918 | +10% |
| PepsiCoPEP | 0.1% | $46m | 329,506 | +16% |
| CrowdStrike HoldingsCRWD | 0.1% | $45m | 60,890 | +16% |
| International Business MachinesIBM | 0.1% | $43m | 153,622 | +11% |
| Wells Fargo & CompanyWFC | 0.1% | $42m | 500,764 | +9% |
| Morgan StanleyMS | 0.1% | $41m | 195,276 | +10% |
| OracleORCL | 0.1% | $41m | 279,196 | +10% |
| CitigroupC | 0.1% | $40m | 278,967 | +7% |
| Gilead SciencesGILD | 0.1% | $38m | 299,116 | +16% |
| Intuitive SurgicalISRG | 0.1% | $35m | 85,388 | +16% |
| Booking HoldingsBKNG | <0.1% | $34m | 187,173 | New |
| AmphenolAPH | <0.1% | $34m | 201,373 | New |
| Invesco QQQ TRQQQ | <0.1% | $33m | 45,934 | +253% |
| CorningGLW | <0.1% | $33m | 128,755 | +10% |
| AppLovinAPP | <0.1% | $33m | 65,389 | +16% |
| McDonald'sMCD | <0.1% | $31m | 116,204 | +10% |
| Thermo Fisher ScientificTMO | <0.1% | $31m | 60,839 | +9% |
| Vertex PharmaceuticalsVRTX | <0.1% | $31m | 61,183 | +16% |
| NextEra EnergyNEE | <0.1% | $30m | 341,078 | +11% |
| Verizon CommunicationsVZ | <0.1% | $30m | 683,214 | +9% |
| StarbucksSBUX | <0.1% | $29m | 274,569 | +16% |
| Walt DisneyDIS | <0.1% | $28m | 286,332 | +9% |
| T-Mobile USTMUS | <0.1% | $28m | 161,601 | +18% |
| Vanguard Scottsdale FDSVCIT | <0.1% | $27m | 331,167 | -58% |
| TJX CompaniesTJX | <0.1% | $27m | 180,925 | +10% |
| BoeingBA | <0.1% | $27m | 126,533 | New |
| TeradyneTER | <0.1% | $27m | 57,937 | +50% |
| Union PacificUNP | <0.1% | $26m | 97,106 | +10% |
| WelltowerWELL | <0.1% | $26m | 115,381 | +12% |
| DeereDE | <0.1% | $25m | 40,620 | +8% |
| AT&TT | <0.1% | $25m | 1,138,421 | +9% |
| Cadence Design SystemsCDNS | <0.1% | $25m | 66,470 | +17% |
| Charles SchwabSCHW | <0.1% | $24m | 268,961 | +8% |
| Uber TechnologiesUBER | <0.1% | $24m | 318,366 | +6% |
| Ishares TRAGG | <0.1% | $24m | 241,493 | Held |
| Monolithic Power SystemsMPWR | <0.1% | $24m | 18,041 | +21% |
| PfizerPFE | <0.1% | $23m | 931,567 | +10% |
| CoherentCOHR | <0.1% | $22m | 56,687 | +27% |
| CVS HealthCVS | <0.1% | $22m | 208,478 | +11% |
| CSXCSX | <0.1% | $21m | 447,796 | +16% |
| PrologisPLD | <0.1% | $21m | 152,488 | +11% |
| Marriott InternationalMAR | <0.1% | $21m | 56,182 | +15% |
| ProgressivePGR | <0.1% | $21m | 95,611 | +10% |
| SalesforceCRM | <0.1% | $21m | 132,625 | -5% |
| ComcastCMCSA | <0.1% | $21m | 859,870 | +15% |
| ConocoPhillipsCOP | <0.1% | $21m | 199,498 | +9% |
| Constellation EnergyCEG | <0.1% | $21m | 79,558 | +18% |
| SynopsysSNPS | <0.1% | $20m | 45,596 | +15% |
| Capital One FinancialCOF | <0.1% | $20m | 100,397 | +8% |
| S&P GlobalSPGI | <0.1% | $20m | 49,588 | +9% |
| Altria GroupMO | <0.1% | $20m | 273,210 | +10% |
Showing the largest 100 of 467.
Over time and by industry
Value over time
Dec '25
Jun '26
Value is up 23.3% since 30 September 2025.
Where the money is
Technology10.5%
Media & telecom3.6%
Financial services2.6%
Health care2.5%
Industrials2.2%
Retail & consumer1.8%
Everyday goods1.7%
Energy0.9%
Utilities0.6%
Real estate0.5%
Materials0.3%
Other72.6%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.