Filed: 10/30/2025ACC: 0000898432-25-000856
📋 What this filing means
RAKUTEN INVESTMENT MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 637 equity positions with a total reported market value of $28.10B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
637
Positions
$28.10B
Total AUM (reported)
174.20M
Total Shares
Allocation by class
TOTAL STK MKT$15.53B55.3%
COM$5.13B18.2%
TT WRLD ST ETF$2.13B7.6%
US DIVIDEND EQ$1.13B4.0%
VG TL INTL STK F$1.10B3.9%
COM CL A$645.65M2.3%
S&P 500 ETF SHS$528.99M1.9%
Portfolio Concentration
Top 3$18.79B66.9%
4–10$3.73B13.3%
11–25$1.54B5.5%
Rest$4.04B14.4%
Top 3 weight
66.9%
Top 10 weight
80.2%
Voting Authority Distribution
Total shares with voting rights: 174.20M
Sole
Full voting authority
174.20M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole637
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings637
Rows:
VANGUARD INDEX FDS
SOLEShares47.48M
TypeSH
Market value$15.53B
55.28%
Sole
47.48M
Shared
0.00
None
0.00
VANGUARD INTL EQUITY INDEX F
SOLEShares15.51M
TypeSH
Market value$2.13B
7.58%
Sole
15.51M
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares41.59M
TypeSH
Market value$1.13B
4.01%
Sole
41.59M
Shared
0.00
None
0.00
VANGUARD STAR FDS
SOLEShares15.07M
TypeSH
Market value$1.10B
3.92%
Sole
15.07M
Shared
0.00
None
0.00
OREILLY AUTOMOTIVE INC
SOLEShares3.39M
TypeSH
Market value$616.37M
2.19%
Sole
3.39M
Shared
0.00
None
0.00
VANGUARD INDEX FDS
SOLEShares867.01K
TypeSH
Market value$528.99M
1.88%
Sole
867.01K
Shared
0.00
None
0.00
APPLOVIN CORP
SOLEShares2.03M
TypeSH
Market value$515.60M
1.84%
Sole
2.03M
Shared
0.00
None
0.00
MONSTER BEVERAGE CORP NEW
SOLEShares999.38K
TypeSH
Market value$514.28M
1.83%
Sole
999.38K
Shared
0.00
None
0.00
BROWN FORMAN CORP
SOLEShares720.43K
TypeSH
Market value$236.23M
0.84%
Sole
720.43K
Shared
0.00
None
0.00
MOLINA HEALTHCARE INC
SOLEShares295.74K
TypeSH
Market value$219.85M
0.78%
Sole
295.74K
Shared
0.00
None
0.00
VANGUARD WHITEHALL FDS
SOLEShares1.42M
TypeSH
Market value$199.32M
0.71%
Sole
1.42M
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares793.19K
TypeSH
Market value$193.58M
0.69%
Sole
793.19K
Shared
0.00
None
0.00
TRAVELERS COMPANIES INC
SOLEShares401.30K
TypeSH
Market value$177.86M
0.63%
Sole
401.30K
Shared
0.00
None
0.00
ALTRIA GROUP INC
SOLEShares659.53K
TypeSH
Market value$161.16M
0.57%
Sole
659.53K
Shared
0.00
None
0.00
KKR & CO INC
SOLEShares325.66K
TypeSH
Market value$102.81M
0.37%
Sole
325.66K
Shared
0.00
None
0.00
BIOGEN INC
SOLEShares198.57K
TypeSH
Market value$99.14M
0.35%
Sole
198.57K
Shared
0.00
None
0.00
NORTHERN TR CORP
SOLEShares69.29K
TypeSH
Market value$83.59M
0.30%
Sole
69.29K
Shared
0.00
None
0.00
SCHWAB STRATEGIC TR
SOLEShares2.25M
TypeSH
Market value$74.62M
0.27%
Sole
2.25M
Shared
0.00
None
0.00
ISHARES TR
SOLEShares104.29K
TypeSH
Market value$69.53M
0.25%
Sole
104.29K
Shared
0.00
None
0.00
EOG RES INC
SOLEShares94.23K
TypeSH
Market value$68.46M
0.24%
Sole
94.23K
Shared
0.00
None
0.00
WILLIAMS COS INC
SOLEShares200.96K
TypeSH
Market value$68.36M
0.24%
Sole
200.96K
Shared
0.00
None
0.00
PHILIP MORRIS INTL INC
SOLEShares370.33K
TypeSH
Market value$66.24M
0.24%
Sole
370.33K
Shared
0.00
None
0.00
J P MORGAN EXCHANGE TRADED F
SOLEShares1.01M
TypeSH
Market value$58.20M
0.21%
Sole
1.01M
Shared
0.00
None
0.00
FEDERAL RLTY INVT TR NEW
SOLEShares504.94K
TypeSH
Market value$57.67M
0.21%
Sole
504.94K
Shared
0.00
None
0.00
METTLER TOLEDO INTERNATIONAL
SOLEShares98.58K
TypeSH
Market value$56.01M
0.20%
Sole
98.58K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
VANGUARD INDEX FDSSOLE | TOTAL STK MKT | 47.48M | SH | $15.53B 55.28% | 47.48M | 0.00 | 0.00 |
VANGUARD INTL EQUITY INDEX FSOLE | TT WRLD ST ETF | 15.51M | SH | $2.13B 7.58% | 15.51M | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | US DIVIDEND EQ | 41.59M | SH | $1.13B 4.01% | 41.59M | 0.00 | 0.00 |
VANGUARD STAR FDSSOLE | VG TL INTL STK F | 15.07M | SH | $1.10B 3.92% | 15.07M | 0.00 | 0.00 |
OREILLY AUTOMOTIVE INCSOLE | COM | 3.39M | SH | $616.37M 2.19% | 3.39M | 0.00 | 0.00 |
VANGUARD INDEX FDSSOLE | S&P 500 ETF SHS | 867.01K | SH | $528.99M 1.88% | 867.01K | 0.00 | 0.00 |
APPLOVIN CORPSOLE | COM CL A | 2.03M | SH | $515.60M 1.84% | 2.03M | 0.00 | 0.00 |
MONSTER BEVERAGE CORP NEWSOLE | COM | 999.38K | SH | $514.28M 1.83% | 999.38K | 0.00 | 0.00 |
BROWN FORMAN CORPSOLE | CL B | 720.43K | SH | $236.23M 0.84% | 720.43K | 0.00 | 0.00 |
MOLINA HEALTHCARE INCSOLE | COM | 295.74K | SH | $219.85M 0.78% | 295.74K | 0.00 | 0.00 |
VANGUARD WHITEHALL FDSSOLE | HIGH DIV YLD | 1.42M | SH | $199.32M 0.71% | 1.42M | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 793.19K | SH | $193.58M 0.69% | 793.19K | 0.00 | 0.00 |
TRAVELERS COMPANIES INCSOLE | COM | 401.30K | SH | $177.86M 0.63% | 401.30K | 0.00 | 0.00 |
ALTRIA GROUP INCSOLE | COM | 659.53K | SH | $161.16M 0.57% | 659.53K | 0.00 | 0.00 |
KKR & CO INCSOLE | COM | 325.66K | SH | $102.81M 0.37% | 325.66K | 0.00 | 0.00 |
BIOGEN INCSOLE | COM | 198.57K | SH | $99.14M 0.35% | 198.57K | 0.00 | 0.00 |
NORTHERN TR CORPSOLE | COM | 69.29K | SH | $83.59M 0.30% | 69.29K | 0.00 | 0.00 |
SCHWAB STRATEGIC TRSOLE | EMRG MKTEQ ETF | 2.25M | SH | $74.62M 0.27% | 2.25M | 0.00 | 0.00 |
ISHARES TRSOLE | CORE S&P500 ETF | 104.29K | SH | $69.53M 0.25% | 104.29K | 0.00 | 0.00 |
EOG RES INCSOLE | COM | 94.23K | SH | $68.46M 0.24% | 94.23K | 0.00 | 0.00 |
WILLIAMS COS INCSOLE | COM | 200.96K | SH | $68.36M 0.24% | 200.96K | 0.00 | 0.00 |
PHILIP MORRIS INTL INCSOLE | COM | 370.33K | SH | $66.24M 0.24% | 370.33K | 0.00 | 0.00 |
J P MORGAN EXCHANGE TRADED FSOLE | NASDAQ EQT PREM | 1.01M | SH | $58.20M 0.21% | 1.01M | 0.00 | 0.00 |
FEDERAL RLTY INVT TR NEWSOLE | SH BEN INT NEW | 504.94K | SH | $57.67M 0.21% | 504.94K | 0.00 | 0.00 |
METTLER TOLEDO INTERNATIONALSOLE | COM | 98.58K | SH | $56.01M 0.20% | 98.58K | 0.00 | 0.00 |
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