RAKUTEN INVESTMENT MANAGEMENT, INC.

Filed: 5/15/2025ACC: 0000898432-25-000369

📋 What this filing means

RAKUTEN INVESTMENT MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 17 equity positions with a total reported market value of $6.33B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$6.33B

Total AUM (reported)

37.83M

Total Shares

Allocation by class

TOTAL STK MKT$4.57B72.2%

TT WRLD ST ETF$1.56B24.6%

HIGH DIV YLD$68.22M1.1%

BROAD USD HIGH$23.89M0.4%

FTSE EMR MKT ETF$19.19M0.3%

SHRT TRM CORP BD$18.38M0.3%

INT-TERM CORP$18.12M0.3%

Portfolio Concentration

Top 3$6.19B97.8%

4–10$112.44M1.8%

11–25$25.22M0.4%

Top 3 weight

97.8%

Top 10 weight

99.6%

Voting Authority Distribution

Total shares with voting rights: 37.83M

Sole

Full voting authority

37.83M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole17

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings17

Rows:

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares19.77M

TypeSH

Market value$4.57B

72.18%

Sole

19.77M

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

TT WRLD ST ETF

Shares15.13M

TypeSH

Market value$1.56B

24.57%

Sole

15.13M

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares599.40K

TypeSH

Market value$68.22M

1.08%

Sole

599.40K

Shared

0.00

None

0.00

ISHARES TR

SOLE

BROAD USD HIGH

Shares613.24K

TypeSH

Market value$23.89M

0.38%

Sole

613.24K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares409.20K

TypeSH

Market value$19.19M

0.30%

Sole

409.20K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares235.36K

TypeSH

Market value$18.38M

0.29%

Sole

235.36K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares210.67K

TypeSH

Market value$18.12M

0.29%

Sole

210.67K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P500 ETF

Shares28.72K

TypeSH

Market value$13.23M

0.21%

Sole

28.72K

Shared

0.00

None

0.00

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares122.37K

TypeSH

Market value$13.13M

0.21%

Sole

122.37K

Shared

0.00

None

0.00

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares171.85K

TypeSH

Market value$6.50M

0.10%

Sole

171.85K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

EMRG MKTEQ ETF

Shares207.72K

TypeSH

Market value$5.87M

0.09%

Sole

207.72K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE ETF

Shares73.69K

TypeSH

Market value$5.52M

0.09%

Sole

73.69K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

LG-TERM COR BD

Shares47.94K

TypeSH

Market value$4.50M

0.07%

Sole

47.94K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CRE U S REIT ETF

Shares39.45K

TypeSH

Market value$2.59M

0.04%

Sole

39.45K

Shared

0.00

None

0.00

ISHARES TR

SOLE

U.S. REAL ES ETF

Shares22.28K

TypeSH

Market value$2.44M

0.04%

Sole

22.28K

Shared

0.00

None

0.00

ISHARES S&P GSCI COMMODITY-

SOLE

UNIT BEN INT

Shares96.43K

TypeSH

Market value$2.26M

0.04%

Sole

96.43K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EMG MKT ETF

Shares44.90K

TypeSH

Market value$2.06M

0.03%

Sole

44.90K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	19.77M	SH	$4.57B 72.18%	19.77M
VANGUARD INTL EQUITY INDEX FSOLE	TT WRLD ST ETF	15.13M	SH	$1.56B 24.57%	15.13M
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	599.40K	SH	$68.22M 1.08%	599.40K
ISHARES TRSOLE	BROAD USD HIGH	613.24K	SH	$23.89M 0.38%	613.24K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	409.20K	SH	$19.19M 0.30%	409.20K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	235.36K	SH	$18.38M 0.29%	235.36K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	210.67K	SH	$18.12M 0.29%	210.67K
ISHARES TRSOLE	CORE S&P500 ETF	28.72K	SH	$13.23M 0.21%	28.72K
ISHARES TRSOLE	7-10 YR TRSY BD	122.37K	SH	$13.13M 0.21%	122.37K
DBX ETF TRSOLE	XTRACK USD HIGH	171.85K	SH	$6.50M 0.10%	171.85K
SCHWAB STRATEGIC TRSOLE	EMRG MKTEQ ETF	207.72K	SH	$5.87M 0.09%	207.72K
ISHARES TRSOLE	MSCI EAFE ETF	73.69K	SH	$5.52M 0.09%	73.69K
VANGUARD SCOTTSDALE FDSSOLE	LG-TERM COR BD	47.94K	SH	$4.50M 0.07%	47.94K
ISHARES TRSOLE	CRE U S REIT ETF	39.45K	SH	$2.59M 0.04%	39.45K
ISHARES TRSOLE	U.S. REAL ES ETF	22.28K	SH	$2.44M 0.04%	22.28K
ISHARES S&P GSCI COMMODITY-SOLE	UNIT BEN INT	96.43K	SH	$2.26M 0.04%	96.43K
ISHARES TRSOLE	MSCI EMG MKT ETF	44.90K	SH	$2.06M 0.03%	44.90K