RAKUTEN INVESTMENT MANAGEMENT, INC.

Filed: 5/15/2025ACC: 0000898432-25-000374

📋 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 $9.34B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$9.34B

Total AUM (reported)

55.04M

Total Shares

Allocation by class

TOTAL STK MKT$7.54B80.6%

TT WRLD ST ETF$1.52B16.3%

HIGH DIV YLD$93.02M1.0%

INT-TERM CORP$33.35M0.4%

MSCI USA MIN VOL$23.93M0.3%

FTSE EMR MKT ETF$20.98M0.2%

EMRG MKTEQ ETF$18.50M0.2%

Portfolio Concentration

Top 3$9.15B97.9%

4–10$143.22M1.5%

11–25$49.75M0.5%

Top 3 weight

97.9%

Top 10 weight

99.5%

Voting Authority Distribution

Total shares with voting rights: 55.04M

Sole

Full voting authority

55.04M

% 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

Shares34.57M

TypeSH

Market value$7.54B

80.64%

Sole

34.57M

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

TT WRLD ST ETF

Shares15.88M

TypeSH

Market value$1.52B

16.30%

Sole

15.88M

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares883.80K

TypeSH

Market value$93.02M

1.00%

Sole

883.80K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares423.77K

TypeSH

Market value$33.35M

0.36%

Sole

423.77K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI USA MIN VOL

Shares325.30K

TypeSH

Market value$23.93M

0.26%

Sole

325.30K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares520.10K

TypeSH

Market value$20.98M

0.22%

Sole

520.10K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

EMRG MKTEQ ETF

Shares757.34K

TypeSH

Market value$18.50M

0.20%

Sole

757.34K

Shared

0.00

None

0.00

ISHARES TR

SOLE

BROAD USD HIGH

Shares508.74K

TypeSH

Market value$17.86M

0.19%

Sole

508.74K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares235.56K

TypeSH

Market value$17.80M

0.19%

Sole

235.56K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P500 ETF

Shares24.52K

TypeSH

Market value$10.79M

0.12%

Sole

24.52K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CRE U S REIT ETF

Shares189.92K

TypeSH

Market value$9.71M

0.10%

Sole

189.92K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE MIN VL

Shares116.70K

TypeSH

Market value$7.82M

0.08%

Sole

116.70K

Shared

0.00

None

0.00

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares206.15K

TypeSH

Market value$7.08M

0.08%

Sole

206.15K

Shared

0.00

None

0.00

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares67.77K

TypeSH

Market value$6.53M

0.07%

Sole

67.77K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE ETF

Shares74.89K

TypeSH

Market value$5.36M

0.06%

Sole

74.89K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

LG-TERM COR BD

Shares63.64K

TypeSH

Market value$4.93M

0.05%

Sole

63.64K

Shared

0.00

None

0.00

ISHARES TR

SOLE

U.S. REAL ES ETF

Shares24.18K

TypeSH

Market value$2.08M

0.02%

Sole

24.18K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EMG MKT ETF

Shares50.50K

TypeSH

Market value$1.98M

0.02%

Sole

50.50K

Shared

0.00

None

0.00

ISHARES S&P GSCI COMMODITY-

SOLE

UNIT BEN INT

Shares99.63K

TypeSH

Market value$1.92M

0.02%

Sole

99.63K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares14.05K

TypeSH

Market value$1.17M

0.01%

Sole

14.05K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE HIGH DV ETF

Shares11.54K

TypeSH

Market value$1.15M

0.01%

Sole

11.54K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	34.57M	SH	$7.54B 80.64%	34.57M
VANGUARD INTL EQUITY INDEX FSOLE	TT WRLD ST ETF	15.88M	SH	$1.52B 16.30%	15.88M
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	883.80K	SH	$93.02M 1.00%	883.80K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	423.77K	SH	$33.35M 0.36%	423.77K
ISHARES TRSOLE	MSCI USA MIN VOL	325.30K	SH	$23.93M 0.26%	325.30K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	520.10K	SH	$20.98M 0.22%	520.10K
SCHWAB STRATEGIC TRSOLE	EMRG MKTEQ ETF	757.34K	SH	$18.50M 0.20%	757.34K
ISHARES TRSOLE	BROAD USD HIGH	508.74K	SH	$17.86M 0.19%	508.74K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	235.56K	SH	$17.80M 0.19%	235.56K
ISHARES TRSOLE	CORE S&P500 ETF	24.52K	SH	$10.79M 0.12%	24.52K
ISHARES TRSOLE	CRE U S REIT ETF	189.92K	SH	$9.71M 0.10%	189.92K
ISHARES TRSOLE	MSCI EAFE MIN VL	116.70K	SH	$7.82M 0.08%	116.70K
DBX ETF TRSOLE	XTRACK USD HIGH	206.15K	SH	$7.08M 0.08%	206.15K
ISHARES TRSOLE	7-10 YR TRSY BD	67.77K	SH	$6.53M 0.07%	67.77K
ISHARES TRSOLE	MSCI EAFE ETF	74.89K	SH	$5.36M 0.06%	74.89K
VANGUARD SCOTTSDALE FDSSOLE	LG-TERM COR BD	63.64K	SH	$4.93M 0.05%	63.64K
ISHARES TRSOLE	U.S. REAL ES ETF	24.18K	SH	$2.08M 0.02%	24.18K
ISHARES TRSOLE	MSCI EMG MKT ETF	50.50K	SH	$1.98M 0.02%	50.50K
ISHARES S&P GSCI COMMODITY-SOLE	UNIT BEN INT	99.63K	SH	$1.92M 0.02%	99.63K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	14.05K	SH	$1.17M 0.01%	14.05K
ISHARES TRSOLE	CORE HIGH DV ETF	11.54K	SH	$1.15M 0.01%	11.54K