1y return+46.6%S&P 500 +20.9%
3y return+88.2%S&P 500 +68.5%
5y return+83.9%S&P 500 +74.5%
10y return+232.7%S&P 500 +256.5%
These returns are for its stock picks as disclosed on Form 13F: last quarter's holdings, valued at this quarter's prices. They miss trades within each quarter, short positions, options, bonds, cash and fees, so they aren't the returns its clients got.
$100 invested in its stock picks
Since June 30, 2016: $333 against $357 in the S&P 500.2
Rafferty Asset Management, LLCS&P 500 (SPY)
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| MUMicron Technology Inc | $3.6B | 8.1% | +34.2% |
| NVDANvidia Corporation | $2.6B | 5.8% | +66.6% |
| AMDAdvanced Micro Devices Inc | $2.0B | 4.6% | +16.1% |
| AVGOBroadcom Inc | $1.7B | 3.9% | +55.7% |
| INTCIntel Corp | $1.6B | 3.5% | +26.4% |
| TLTIshares Tr | $1.5B | 3.4% | −25.1% |
| AMATApplied Matls Inc | $1.4B | 3.2% | +23.1% |
| KLACKla Corp | $1.3B | 3.0% | +1574.5% |
| MRVLMarvell Technology Inc | $1.2B | 2.8% | −3.9% |
| LRCXLam Research Corp | $1.2B | 2.7% | +55.4% |
| EWYIshares Inc | $1.0B | 2.3% | +11.8% |
| IWMIshares Tr | $1.0B | 2.3% | −6.7% |
| AAPLApple Inc | $981.3M | 2.2% | +60.7% |
| TSMTaiwan Semiconductor Manufac | $957.3M | 2.2% | +111.0% |
| TXNTexas Instrs Inc | $823.1M | 1.9% | +48.2% |
| ADIAnalog Devices Inc | $784.4M | 1.8% | +79.7% |
| MSFTMicrosoft Corp | $775.7M | 1.8% | +61.6% |
| TERTeradyne Inc | $733.1M | 1.7% | +39.0% |
| Nxp Semiconductors N VCUSIP N6596X109 | $679.7M | 1.5% | +50.9% |
| TSLATesla Inc | $671.3M | 1.5% | −8.1% |
| ALABAstera Labs Inc | $638.3M | 1.5% | +39.8% |
| MPWRMonolithic Pwr Sys Inc | $634.9M | 1.4% | +44.7% |
| QCOMQualcomm Inc | $621.9M | 1.4% | +24.2% |
| GDXVaneck Etf Trust | $525.2M | 1.2% | +16.0% |
| Asml Hldg NvCUSIP N07059210 | $489.7M | 1.1% | +10.8% |
Best picks still held
How each current holding has done since the quarter it first appeared in its filings (up to six years back).
| Stock | Held since | Return since | Now worth |
|---|---|---|---|
| NVDANvidia Corporation | June 30, 2020 | +2006.7% | $2.6B |
| AVGOBroadcom Inc | June 30, 2020 | +1096.9% | $1.7B |
| AMATApplied Matls Inc | June 30, 2020 | +1096.1% | $1.4B |
| AMDAdvanced Micro Devices Inc | June 30, 2020 | +1004.1% | $2.0B |
| TSMTaiwan Semiconductor Manufac | June 30, 2020 | +741.2% | $957.3M |
| LRCXLam Research Corp | December 31, 2024 | +499.9% | $1.2B |
| MPWRMonolithic Pwr Sys Inc | June 30, 2020 | +483.3% | $634.9M |
| ASXAse Technology Hldg Co Ltd | December 31, 2021 | +477.7% | $249.1M |
| TERTeradyne Inc | June 30, 2020 | +472.5% | $733.1M |
| Asml Hldg NvCUSIP N07059210 | June 30, 2020 | +440.6% | $489.7M |
Sold off last quarter
- Honeywell Intl IncCUSIP 438516106 was $21.0M
- CTRACoterra Energy Inc was $13.0M
- Thomson Reuters CorpCUSIP 884903808 was $11.0M
- ZSZscaler Inc was $10.5M
- Apellis Pharmaceuticals IncCUSIP 03753U106 was $7.3M
- Tri Pointe Homes IncCUSIP 87265H109 was $5.6M
- Amicus TherapeuticCUSIP 03152W109 was $4.5M
- Arcellx IncCUSIP 03940C100 was $4.5M
- Soleno Therapeutics IncCUSIP 834203309 was $2.7M
- Carnival CorpCUSIP 143658300 was $2.2M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +25.9% | +14.8% |
| March 31, 2026 | +0.3% | −4.6% |
| December 31, 2025 | +4.1% | +2.4% |
| September 30, 2025 | +11.6% | +7.8% |
| June 30, 2025 | +12.3% | +10.5% |
| March 31, 2025 | −5.6% | −4.6% |
| December 31, 2024 | −2.5% | +2.1% |
| September 30, 2024 | +2.8% | +5.4% |
| June 30, 2024 | +3.5% | +4.0% |
| March 31, 2024 | +7.6% | +10.0% |
| December 31, 2023 | +14.4% | +11.2% |
| September 30, 2023 | −5.2% | −3.6% |
| June 30, 2023 | +7.4% | +8.3% |
| March 31, 2023 | +9.5% | +7.0% |
| December 31, 2022 | +8.2% | +7.1% |
| September 30, 2022 | −5.6% | −5.3% |
| June 30, 2022 | −18.8% | −16.5% |
| March 31, 2022 | −5.6% | −4.9% |
| December 31, 2021 | +8.7% | +10.7% |
| September 30, 2021 | −2.4% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Rafferty Asset Management, LLC Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1389426&type=13F-HR&dateb=&owner=include&count=40CIK 1389426
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1389426/000199937126017909/Filed August 14, 2026 · accession 0001999371-26-017909