RATIONAL ADVISORS, INC.

Filed: 5/1/2025ACC: 0001162044-25-000468

📋 What this filing means

RATIONAL ADVISORS, INC. filed this quarterly 13F‑HR report disclosing 115 equity positions with a total reported market value of $990.90M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

115

Positions

$990.90M

Total AUM (reported)

110.83M

Total Shares

Allocation by class

TOTAL BND MRKT$78.89M8.0%

PORTFOLIO AGRGTE$78.84M8.0%

CORE US AGGBD ET$78.83M8.0%

COM$76.87M7.8%

CORE S&P500 ETF$61.36M6.2%

GLB X MLP ENRG I$52.63M5.3%

NASDAQ 100 ETF$46.84M4.7%

Portfolio Concentration

Top 3$236.55M23.9%

4–10$320.75M32.4%

11–25$222.62M22.5%

Rest$210.98M21.3%

Top 3 weight

23.9%

Top 10 weight

56.2%

Voting Authority Distribution

Total shares with voting rights: 110.83M

Sole

Full voting authority

14M

% of voting shares12.6%

Shared

Joint voting authority

96.83M

% of voting shares87.4%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole19

Shared0

Other96

Dominant voting typeShared · 87.4% of voting shares

Institutional Holdings115

Rows:

VANGUARD BD INDEX FDS

SOLE

TOTAL BND MRKT

Shares1.07M

TypeSH

Market value$78.89M

7.96%

Sole

1.07M

Shared

0.00

None

0.00

SPDR SER TR

SOLE

PORTFOLIO AGRGTE

Shares3.09M

TypeSH

Market value$78.84M

7.96%

Sole

3.09M

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE US AGGBD ET

Shares796.90K

TypeSH

Market value$78.83M

7.96%

Sole

796.90K

Shared

0.00

None

0.00

ISHARES TR

OTR

CORE S&P500 ETF

Shares109.20K

TypeSH

Market value$61.36M

6.19%

Sole

49.40K

Shared

59.80K

None

0.00

GLOBAL X FDS

SOLE

GLB X MLP ENRG I

Shares824.76K

TypeSH

Market value$52.63M

5.31%

Sole

824.76K

Shared

0.00

None

0.00

INVESCO EXCH TRADED FD TR II

SOLE

NASDAQ 100 ETF

Shares242.67K

TypeSH

Market value$46.84M

4.73%

Sole

242.67K

Shared

0.00

None

0.00

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares234.70K

TypeSH

Market value$45.53M

4.59%

Sole

234.70K

Shared

0.00

None

0.00

WISDOMTREE TR

SOLE

US EFFICIENT COR

Shares904.33K

TypeSH

Market value$40.98M

4.14%

Sole

904.33K

Shared

0.00

None

0.00

SCHWAB STRATEGIC TR

SOLE

US REIT ETF

Shares1.77M

TypeSH

Market value$38.13M

3.85%

Sole

1.77M

Shared

0.00

None

0.00

SELECT SECTOR SPDR TR

OTR

SBI INT-UTILS

Shares447.45K

TypeSH

Market value$35.28M

3.56%

Sole

438.90K

Shared

8.55K

None

0.00

J P MORGAN EXCHANGE TRADED F

SOLE

EQUITY PREMIUM

Shares511.84K

TypeSH

Market value$29.25M

2.95%

Sole

511.84K

Shared

0.00

None

0.00

SPDR SER TR

SOLE

PORTFLI HIGH YLD

Shares1.09M

TypeSH

Market value$25.62M

2.59%

Sole

1.09M

Shared

0.00

None

0.00

VANGUARD INDEX FDS

OTR

S&P 500 ETF SHS

Shares40.83K

TypeSH

Market value$20.98M

2.12%

Sole

30.50K

Shared

10.34K

None

0.00

GLOBAL X FDS

SOLE

US PFD ETF

Shares1.09M

TypeSH

Market value$20.83M

2.10%

Sole

1.09M

Shared

0.00

None

0.00

DIMENSIONAL ETF TRUST

SOLE

CORE FIXED INCOM

Shares411.05K

TypeSH

Market value$17.29M

1.74%

Sole

411.05K

Shared

0.00

None

0.00

SPDR SER TR

SOLE

PORTFOLIO S&P500

Shares242.66K

TypeSH

Market value$15.96M

1.61%

Sole

242.66K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE MSCI EAFE

Shares184.19K

TypeSH

Market value$13.93M

1.41%

Sole

184.19K

Shared

0.00

None

0.00

INVESCO EXCH TRADED FD TR II

SOLE

TAXABLE MUN BD

Shares483.98K

TypeSH

Market value$12.91M

1.30%

Sole

483.98K

Shared

0.00

None

0.00

PPL CAP FDG INC

OTR

NOTE 2.875% 3/1

Shares9.39M

TypeSH

Market value$10.51M

1.06%

Sole

0.00

Shared

9.39M

None

0.00

AMAZON COM INC

OTR

COM

Shares52.10K

TypeSH

Market value$9.91M

1.00%

Sole

0.00

Shared

52.10K

None

0.00

BANK AMERICA CORP

OTR

7.25%CNV PFD L

Shares7.65K

TypeSH

Market value$9.44M

0.95%

Sole

0.00

Shared

7.65K

None

0.00

WELLS FARGO CO NEW

OTR

PERP PFD CNV A

Shares7.80K

TypeSH

Market value$9.37M

0.95%

Sole

0.00

Shared

7.80K

None

0.00

NEXTERA ENERGY INC

OTR

UNIT 11/01/2027

Shares198.60K

TypeSH

Market value$9.05M

0.91%

Sole

0.00

Shared

198.60K

None

0.00

DEXCOM INC

OTR

NOTE 0.250%11/1

Shares9.15M

TypeSH

Market value$8.89M

0.90%

Sole

0.00

Shared

9.15M

None

0.00

ALLIANT ENERGY CORP

OTR

NOTE 3.875% 3/1

Shares8.12M

TypeSH

Market value$8.68M

0.88%

Sole

0.00

Shared

8.12M

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole	Shared
VANGUARD BD INDEX FDSSOLE	TOTAL BND MRKT	1.07M	SH	$78.89M 7.96%	1.07M	0.00
SPDR SER TRSOLE	PORTFOLIO AGRGTE	3.09M	SH	$78.84M 7.96%	3.09M	0.00
ISHARES TRSOLE	CORE US AGGBD ET	796.90K	SH	$78.83M 7.96%	796.90K	0.00
ISHARES TROTR	CORE S&P500 ETF	109.20K	SH	$61.36M 6.19%	49.40K	59.80K
GLOBAL X FDSSOLE	GLB X MLP ENRG I	824.76K	SH	$52.63M 5.31%	824.76K	0.00
INVESCO EXCH TRADED FD TR IISOLE	NASDAQ 100 ETF	242.67K	SH	$46.84M 4.73%	242.67K	0.00
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	234.70K	SH	$45.53M 4.59%	234.70K	0.00
WISDOMTREE TRSOLE	US EFFICIENT COR	904.33K	SH	$40.98M 4.14%	904.33K	0.00
SCHWAB STRATEGIC TRSOLE	US REIT ETF	1.77M	SH	$38.13M 3.85%	1.77M	0.00
SELECT SECTOR SPDR TROTR	SBI INT-UTILS	447.45K	SH	$35.28M 3.56%	438.90K	8.55K
J P MORGAN EXCHANGE TRADED FSOLE	EQUITY PREMIUM	511.84K	SH	$29.25M 2.95%	511.84K	0.00
SPDR SER TRSOLE	PORTFLI HIGH YLD	1.09M	SH	$25.62M 2.59%	1.09M	0.00
VANGUARD INDEX FDSOTR	S&P 500 ETF SHS	40.83K	SH	$20.98M 2.12%	30.50K	10.34K
GLOBAL X FDSSOLE	US PFD ETF	1.09M	SH	$20.83M 2.10%	1.09M	0.00
DIMENSIONAL ETF TRUSTSOLE	CORE FIXED INCOM	411.05K	SH	$17.29M 1.74%	411.05K	0.00
SPDR SER TRSOLE	PORTFOLIO S&P500	242.66K	SH	$15.96M 1.61%	242.66K	0.00
ISHARES TRSOLE	CORE MSCI EAFE	184.19K	SH	$13.93M 1.41%	184.19K	0.00
INVESCO EXCH TRADED FD TR IISOLE	TAXABLE MUN BD	483.98K	SH	$12.91M 1.30%	483.98K	0.00
PPL CAP FDG INCOTR	NOTE 2.875% 3/1	9.39M	SH	$10.51M 1.06%	0.00	9.39M
AMAZON COM INCOTR	COM	52.10K	SH	$9.91M 1.00%	0.00	52.10K
BANK AMERICA CORPOTR	7.25%CNV PFD L	7.65K	SH	$9.44M 0.95%	0.00	7.65K
WELLS FARGO CO NEWOTR	PERP PFD CNV A	7.80K	SH	$9.37M 0.95%	0.00	7.80K
NEXTERA ENERGY INCOTR	UNIT 11/01/2027	198.60K	SH	$9.05M 0.91%	0.00	198.60K
DEXCOM INCOTR	NOTE 0.250%11/1	9.15M	SH	$8.89M 0.90%	0.00	9.15M
ALLIANT ENERGY CORPOTR	NOTE 3.875% 3/1	8.12M	SH	$8.68M 0.88%	0.00	8.12M

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