RAKUTEN INVESTMENT MANAGEMENT, INC.

Filed: 5/15/2025ACC: 0000898432-25-000371

📋 What this filing means

RAKUTEN INVESTMENT MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 21 equity positions with a total reported market value of $6.14B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$6.14B

Total AUM (reported)

45.13M

Total Shares

Allocation by class

TOTAL STK MKT$4.66B75.9%

TT WRLD ST ETF$1.25B20.4%

HIGH DIV YLD$69.90M1.1%

BROAD USD HIGH$21.59M0.4%

MSCI USA MIN VOL$19.67M0.3%

SHRT TRM CORP BD$18.88M0.3%

INT-TERM CORP$18.26M0.3%

Portfolio Concentration

Top 3$5.98B97.5%

4–10$114.14M1.9%

11–25$41.51M0.7%

Top 3 weight

97.5%

Top 10 weight

99.3%

Voting Authority Distribution

Total shares with voting rights: 45.13M

Sole

Full voting authority

45.13M

% 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)

Sole21

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings21

Rows:

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares25.63M

TypeSH

Market value$4.66B

75.94%

Sole

25.63M

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

TT WRLD ST ETF

Shares15.70M

TypeSH

Market value$1.25B

20.38%

Sole

15.70M

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares726.10K

TypeSH

Market value$69.90M

1.14%

Sole

726.10K

Shared

0.00

None

0.00

ISHARES TR

SOLE

BROAD USD HIGH

Shares638.44K

TypeSH

Market value$21.59M

0.35%

Sole

638.44K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI USA MIN VOL

Shares294.10K

TypeSH

Market value$19.67M

0.32%

Sole

294.10K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares253.76K

TypeSH

Market value$18.88M

0.31%

Sole

253.76K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares241.17K

TypeSH

Market value$18.26M

0.30%

Sole

241.17K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares445.20K

TypeSH

Market value$16.27M

0.26%

Sole

445.20K

Shared

0.00

None

0.00

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares102.77K

TypeSH

Market value$9.89M

0.16%

Sole

102.77K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P500 ETF

Shares26.32K

TypeSH

Market value$9.59M

0.16%

Sole

26.32K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

EMRG MKTEQ ETF

Shares341.54K

TypeSH

Market value$7.66M

0.12%

Sole

341.54K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE MIN VL

Shares115.91K

TypeSH

Market value$6.63M

0.11%

Sole

115.91K

Shared

0.00

None

0.00

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares185.25K

TypeSH

Market value$6.09M

0.10%

Sole

185.25K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CRE U S REIT ETF

Shares111.72K

TypeSH

Market value$5.24M

0.09%

Sole

111.72K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE ETF

Shares77.99K

TypeSH

Market value$4.38M

0.07%

Sole

77.99K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

LG-TERM COR BD

Shares56.94K

TypeSH

Market value$4.19M

0.07%

Sole

56.94K

Shared

0.00

None

0.00

ISHARES S&P GSCI COMMODITY-

SOLE

UNIT BEN INT

Shares96.43K

TypeSH

Market value$2.01M

0.03%

Sole

96.43K

Shared

0.00

None

0.00

ISHARES TR

SOLE

U.S. REAL ES ETF

Shares22.28K

TypeSH

Market value$1.80M

0.03%

Sole

22.28K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EMG MKT ETF

Shares46K

TypeSH

Market value$1.61M

0.03%

Sole

46K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE HIGH DV ETF

Shares10.44K

TypeSH

Market value$970.3K

0.02%

Sole

10.44K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares11.85K

TypeSH

Market value$939.2K

0.02%

Sole

11.85K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	25.63M	SH	$4.66B 75.94%	25.63M
VANGUARD INTL EQUITY INDEX FSOLE	TT WRLD ST ETF	15.70M	SH	$1.25B 20.38%	15.70M
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	726.10K	SH	$69.90M 1.14%	726.10K
ISHARES TRSOLE	BROAD USD HIGH	638.44K	SH	$21.59M 0.35%	638.44K
ISHARES TRSOLE	MSCI USA MIN VOL	294.10K	SH	$19.67M 0.32%	294.10K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	253.76K	SH	$18.88M 0.31%	253.76K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	241.17K	SH	$18.26M 0.30%	241.17K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	445.20K	SH	$16.27M 0.26%	445.20K
ISHARES TRSOLE	7-10 YR TRSY BD	102.77K	SH	$9.89M 0.16%	102.77K
ISHARES TRSOLE	CORE S&P500 ETF	26.32K	SH	$9.59M 0.16%	26.32K
SCHWAB STRATEGIC TRSOLE	EMRG MKTEQ ETF	341.54K	SH	$7.66M 0.12%	341.54K
ISHARES TRSOLE	MSCI EAFE MIN VL	115.91K	SH	$6.63M 0.11%	115.91K
DBX ETF TRSOLE	XTRACK USD HIGH	185.25K	SH	$6.09M 0.10%	185.25K
ISHARES TRSOLE	CRE U S REIT ETF	111.72K	SH	$5.24M 0.09%	111.72K
ISHARES TRSOLE	MSCI EAFE ETF	77.99K	SH	$4.38M 0.07%	77.99K
VANGUARD SCOTTSDALE FDSSOLE	LG-TERM COR BD	56.94K	SH	$4.19M 0.07%	56.94K
ISHARES S&P GSCI COMMODITY-SOLE	UNIT BEN INT	96.43K	SH	$2.01M 0.03%	96.43K
ISHARES TRSOLE	U.S. REAL ES ETF	22.28K	SH	$1.80M 0.03%	22.28K
ISHARES TRSOLE	MSCI EMG MKT ETF	46K	SH	$1.61M 0.03%	46K
ISHARES TRSOLE	CORE HIGH DV ETF	10.44K	SH	$970.3K 0.02%	10.44K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	11.85K	SH	$939.2K 0.02%	11.85K