Returns–Not enough quarters yet
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.
Top holdings
At the end of June 30, 2026. Change is in shares since the quarter before.2
| Stock | Value | Share of portfolio | Change |
|---|---|---|---|
| VTIVanguard Index Fds | $18.2B | 52.7% | −47.7% |
| VTVanguard Intl Equity Index F | $2.4B | 6.9% | −50.8% |
| VXUSVanguard Star Fds | $1.5B | 4.4% | −40.1% |
| SCHDSchwab Strategic Tr | $1.5B | 4.3% | −43.3% |
| NVDANvidia Corporation | $929.6M | 2.7% | +12.4% |
| VOOVanguard Index Fds | $650.4M | 1.9% | −44.9% |
| MSFTMicrosoft Corp | $516.7M | 1.5% | +12.8% |
| GOOGLAlphabet Inc | $396.1M | 1.1% | +13.3% |
| AVGOBroadcom Inc | $361.2M | 1.0% | +14.7% |
| MUMicron Technology Inc | $343.2M | 1.0% | +12.6% |
| GOOGAlphabet Inc | $323.2M | 0.9% | +12.2% |
| VYMVanguard Whitehall Fds | $268.6M | 0.8% | −40.3% |
| METAMeta Platforms Inc | $248.8M | 0.7% | +14.2% |
| TSLATesla Inc | $247.3M | 0.7% | +14.4% |
| INTCIntel Corp | $166.1M | 0.5% | +11.6% |
| LLYEli Lilly & Co | $160.0M | 0.5% | +10.1% |
| JPMJpmorgan Chase & Co | $144.4M | 0.4% | +9.2% |
| WMTWalmart Inc | $125.4M | 0.4% | +16.5% |
| CSCOCisco Sys Inc | $111.9M | 0.3% | +16.0% |
| KLACKla Corp | $107.4M | 0.3% | +1119.9% |
| SCHESchwab Strategic Tr | $105.9M | 0.3% | −34.4% |
| JNJJohnson & Johnson | $101.8M | 0.3% | +10.1% |
| COSTCostco Wholesale Corporation | $101.2M | 0.3% | +16.1% |
| VVisa Inc | $93.2M | 0.3% | +9.2% |
| Exxon Mobil CorpCUSIP 30231G102 | $92.3M | 0.3% | +9.1% |
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 |
|---|---|---|---|
| CATCaterpillar Inc | September 30, 2025 | +123.2% | $78.1M |
| CSCOCisco Sys Inc | September 30, 2025 | +71.7% | $111.9M |
| PANWPalo Alto Networks Inc | September 30, 2025 | +67.5% | $65.1M |
| TXNTexas Instrs Inc | September 30, 2025 | +62.2% | $75.3M |
| LLYEli Lilly & Co | September 30, 2025 | +57.2% | $160.0M |
| GOOGLAlphabet Inc | September 30, 2025 | +47.0% | $396.1M |
| GOOGAlphabet Inc | September 30, 2025 | +45.1% | $323.2M |
| JNJJohnson & Johnson | September 30, 2025 | +37.0% | $101.8M |
| GEGe Aerospace | September 30, 2025 | +24.2% | $63.8M |
| Exxon Mobil CorpCUSIP 30231G102 | September 30, 2025 | +21.3% | $92.3M |
Sold off last quarter
- LRCXLam Research Corp was $57.6M
- IAUIshares Gold Tr was $10.5M
- ZSZscaler Inc was $5.0M
- CTRACoterra Energy Inc was $4.0M
- Carnival CorpCUSIP 143658300 was $4.0M
- Dupont De Nemours IncCUSIP 26614N102 was $2.7M
- Hologic IncCUSIP 436440101 was $2.5M
- Thomson Reuters CorpCUSIP 884903808 was $2.4M
- COOCooper Cos Inc was $2.0M
- JKHYHenry Jack & Assoc Inc was $1.7M
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +13.4% | +14.8% |
| March 31, 2026 | −3.3% | −4.6% |
| December 31, 2025 | +1.2% | +2.4% |
| June 30, 2025 | +10.1% | +10.5% |
| December 31, 2024 | +1.9% | +2.1% |
| September 30, 2024 | +5.9% | +5.4% |
| June 30, 2024 | +2.9% | +4.0% |
| March 31, 2024 | +9.1% | +10.0% |
| December 31, 2023 | +11.4% | +11.2% |
| September 30, 2023 | −3.6% | −3.6% |
| June 30, 2023 | +7.2% | +8.3% |
| March 31, 2023 | +6.6% | +7.0% |
| December 31, 2022 | +7.1% | +7.1% |
| September 30, 2022 | −5.5% | −5.3% |
| June 30, 2022 | −16.5% | −16.5% |
| March 31, 2022 | −5.6% | −4.9% |
| December 31, 2021 | +7.7% | +10.7% |
| September 30, 2021 | −0.8% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Rakuten Investment Management, Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=2062680&type=13F-HR&dateb=&owner=include&count=40CIK 2062680
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/2062680/000089843226000671/Filed August 18, 2026 · accession 0000898432-26-000671