RAKUTEN INVESTMENT MANAGEMENT, INC.

Filed: 5/15/2025ACC: 0000898432-25-000375

📋 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 $9.66B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$9.66B

Total AUM (reported)

57.64M

Total Shares

Allocation by class

TOTAL STK MKT$7.89B81.7%

TT WRLD ST ETF$1.49B15.4%

HIGH DIV YLD$92.85M1.0%

INT-TERM CORP$27.57M0.3%

MSCI USA MIN VOL$23.56M0.2%

EMRG MKTEQ ETF$20.98M0.2%

FTSE EMR MKT ETF$20.76M0.2%

Portfolio Concentration

Top 3$9.48B98.1%

4–10$135.53M1.4%

11–25$48.64M0.5%

Top 3 weight

98.1%

Top 10 weight

99.5%

Voting Authority Distribution

Total shares with voting rights: 57.64M

Sole

Full voting authority

57.64M

% 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

Shares37.05M

TypeSH

Market value$7.89B

81.70%

Sole

37.05M

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

TT WRLD ST ETF

Shares15.96M

TypeSH

Market value$1.49B

15.44%

Sole

15.96M

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares893.80K

TypeSH

Market value$92.85M

0.96%

Sole

893.80K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

INT-TERM CORP

Shares362.67K

TypeSH

Market value$27.57M

0.29%

Sole

362.67K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI USA MIN VOL

Shares323.70K

TypeSH

Market value$23.56M

0.24%

Sole

323.70K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

EMRG MKTEQ ETF

Shares877.94K

TypeSH

Market value$20.98M

0.22%

Sole

877.94K

Shared

0.00

None

0.00

VANGUARD INTL EQUITY INDEX F

SOLE

FTSE EMR MKT ETF

Shares529.90K

TypeSH

Market value$20.76M

0.21%

Sole

529.90K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

SHRT TRM CORP BD

Shares207.86K

TypeSH

Market value$15.62M

0.16%

Sole

207.86K

Shared

0.00

None

0.00

ISHARES TR

SOLE

BROAD USD HIGH

Shares440.54K

TypeSH

Market value$15.32M

0.16%

Sole

440.54K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CRE U S REIT ETF

Shares249.03K

TypeSH

Market value$11.72M

0.12%

Sole

249.03K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P500 ETF

Shares23.05K

TypeSH

Market value$9.92M

0.10%

Sole

23.05K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE MIN VL

Shares120.20K

TypeSH

Market value$7.86M

0.08%

Sole

120.20K

Shared

0.00

None

0.00

DBX ETF TR

SOLE

XTRACK USD HIGH

Shares200.75K

TypeSH

Market value$6.81M

0.07%

Sole

200.75K

Shared

0.00

None

0.00

ISHARES TR

SOLE

7-10 YR TRSY BD

Shares66.27K

TypeSH

Market value$6.07M

0.06%

Sole

66.27K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EAFE ETF

Shares74.89K

TypeSH

Market value$5.18M

0.05%

Sole

74.89K

Shared

0.00

None

0.00

VANGUARD SCOTTSDALE FDS

SOLE

LG-TERM COR BD

Shares63.74K

TypeSH

Market value$4.58M

0.05%

Sole

63.74K

Shared

0.00

None

0.00

ISHARES S&P GSCI COMMODITY-

SOLE

UNIT BEN INT

Shares99.63K

TypeSH

Market value$2.27M

0.02%

Sole

99.63K

Shared

0.00

None

0.00

ISHARES TR

SOLE

MSCI EMG MKT ETF

Shares50.50K

TypeSH

Market value$1.92M

0.02%

Sole

50.50K

Shared

0.00

None

0.00

ISHARES TR

SOLE

U.S. REAL ES ETF

Shares24.18K

TypeSH

Market value$1.88M

0.02%

Sole

24.18K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE HIGH DV ETF

Shares11.14K

TypeSH

Market value$1.11M

0.01%

Sole

11.14K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

REAL ESTATE ETF

Shares14.05K

TypeSH

Market value$1.06M

0.01%

Sole

14.05K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	37.05M	SH	$7.89B 81.70%	37.05M
VANGUARD INTL EQUITY INDEX FSOLE	TT WRLD ST ETF	15.96M	SH	$1.49B 15.44%	15.96M
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	893.80K	SH	$92.85M 0.96%	893.80K
VANGUARD SCOTTSDALE FDSSOLE	INT-TERM CORP	362.67K	SH	$27.57M 0.29%	362.67K
ISHARES TRSOLE	MSCI USA MIN VOL	323.70K	SH	$23.56M 0.24%	323.70K
SCHWAB STRATEGIC TRSOLE	EMRG MKTEQ ETF	877.94K	SH	$20.98M 0.22%	877.94K
VANGUARD INTL EQUITY INDEX FSOLE	FTSE EMR MKT ETF	529.90K	SH	$20.76M 0.21%	529.90K
VANGUARD SCOTTSDALE FDSSOLE	SHRT TRM CORP BD	207.86K	SH	$15.62M 0.16%	207.86K
ISHARES TRSOLE	BROAD USD HIGH	440.54K	SH	$15.32M 0.16%	440.54K
ISHARES TRSOLE	CRE U S REIT ETF	249.03K	SH	$11.72M 0.12%	249.03K
ISHARES TRSOLE	CORE S&P500 ETF	23.05K	SH	$9.92M 0.10%	23.05K
ISHARES TRSOLE	MSCI EAFE MIN VL	120.20K	SH	$7.86M 0.08%	120.20K
DBX ETF TRSOLE	XTRACK USD HIGH	200.75K	SH	$6.81M 0.07%	200.75K
ISHARES TRSOLE	7-10 YR TRSY BD	66.27K	SH	$6.07M 0.06%	66.27K
ISHARES TRSOLE	MSCI EAFE ETF	74.89K	SH	$5.18M 0.05%	74.89K
VANGUARD SCOTTSDALE FDSSOLE	LG-TERM COR BD	63.74K	SH	$4.58M 0.05%	63.74K
ISHARES S&P GSCI COMMODITY-SOLE	UNIT BEN INT	99.63K	SH	$2.27M 0.02%	99.63K
ISHARES TRSOLE	MSCI EMG MKT ETF	50.50K	SH	$1.92M 0.02%	50.50K
ISHARES TRSOLE	U.S. REAL ES ETF	24.18K	SH	$1.88M 0.02%	24.18K
ISHARES TRSOLE	CORE HIGH DV ETF	11.14K	SH	$1.11M 0.01%	11.14K
VANGUARD INDEX FDSSOLE	REAL ESTATE ETF	14.05K	SH	$1.06M 0.01%	14.05K