1y return+8.5%S&P 500 +20.9%
3y return+28.5%S&P 500 +68.5%
5y return+15.7%S&P 500 +74.5%
10y return+82.8%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: $183 against $357 in the S&P 500.2
Rational Advisors, Inc.S&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 |
|---|---|---|---|
| AGGIshares Tr | $72.8M | 6.7% | +2.3% |
| BNDVanguard Bd Index Fds | $72.7M | 6.7% | +2.2% |
| SCHZSchwab Strategic Tr | $72.7M | 6.7% | +2.1% |
| IVVIshares Tr | $52.3M | 4.8% | +32.4% |
| MLPXGlobal X Fds | $49.2M | 4.5% | |
| QQQMInvesco Exch Traded Fd Tr II | $45.9M | 4.2% | −19.2% |
| NTSXWisdomtree Tr | $43.4M | 4.0% | −43.3% |
| XLUSelect Sector Spdr Tr | $41.1M | 3.8% | −1.9% |
| VIGVanguard Specialized Funds | $35.8M | 3.3% | −14.0% |
| VOOVanguard Index Fds | $34.7M | 3.2% | +44.5% |
| SCHHSchwab Strategic Tr | $32.4M | 3.0% | +12.1% |
| JEPIJ P Morgan Exchange Traded F | $28.2M | 2.6% | −6.5% |
| LQDIshares Tr | $24.6M | 2.3% | New |
| VCITVanguard Scottsdale Fds | $24.1M | 2.2% | +23.8% |
| PFFDGlobal X Fds | $23.6M | 2.2% | +1.0% |
| SPIBSpdr Series Trust | $19.9M | 1.8% | New |
| SPYState Str Spdr S&p 500 Etf T | $19.2M | 1.8% | +61.7% |
| DFCFDimensional Etf Trust | $16.0M | 1.5% | +2.6% |
| SPYMSpdr Series Trust | $15.3M | 1.4% | −9.9% |
| USIGIshares Tr | $14.4M | 1.3% | New |
| IGIBIshares Tr | $14.4M | 1.3% | New |
| BABInvesco Exch Traded Fd Tr II | $12.0M | 1.1% | +4.0% |
| Alliant Energy CorpCUSIP 018802AE8 | $11.0M | 1.0% | New |
| Global Pmts IncCUSIP 37940XAU6 | $10.2M | 0.9% | |
| Ppl Cap Fdg IncCUSIP 69352PAS2 | $10.1M | 0.9% |
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 |
|---|---|---|---|
| VOOVanguard Index Fds | June 30, 2020 | +142.3% | $34.7M |
| IVVIshares Tr | June 30, 2020 | +141.8% | $52.3M |
| VIGVanguard Specialized Funds | June 30, 2020 | +101.9% | $35.8M |
| NTSXWisdomtree Tr | June 30, 2020 | +93.2% | $43.4M |
| QQQMInvesco Exch Traded Fd Tr II | March 31, 2024 | +65.8% | $45.9M |
| NFLXNetflix Inc. | June 30, 2020 | +56.9% | $7.2M |
| IEFAIshares Tr | December 31, 2022 | +56.7% | $8.9M |
| SPYMSpdr Series Trust | March 31, 2024 | +42.8% | $15.3M |
| Datadog IncCUSIP 23804LAD5 | December 31, 2025 | +42.5% | $7.1M |
| XLUSelect Sector Spdr Tr | March 31, 2024 | +38.1% | $41.1M |
Sold off last quarter
- Microchip Technology Inc.CUSIP 595017302 was $3.9M
- Medtronic PLCCUSIP G5960L103 was $2.9M
- MCDMcdonalds Corp was $2.3M
- BABAAlibaba Group Hldg Ltd was $2.2M
- SHLDGlobal X Fds was $1.6M
- Nu Hldgs LtdCUSIP G6683N103 was $1.1M
- DOVDover Corp was $1.1M
- WFCWells Fargo & Co was $1.1M
- WRBYWarby Parker Inc was $948K
- SHOPShopify Inc was $474K
Quarter by quarter
| Quarter | Its picks | S&P 500 |
|---|---|---|
| June 30, 2026 | +6.7% | +14.8% |
| March 31, 2026 | −1.2% | −4.6% |
| December 31, 2025 | −0.2% | +2.4% |
| September 30, 2025 | +3.0% | +7.8% |
| June 30, 2025 | +4.2% | +10.5% |
| March 31, 2025 | −0.8% | −4.6% |
| December 31, 2024 | −1.0% | +2.1% |
| September 30, 2024 | +5.1% | +5.4% |
| June 30, 2024 | +1.1% | +4.0% |
| March 31, 2024 | +4.5% | +10.0% |
| December 31, 2023 | +7.8% | +11.2% |
| September 30, 2023 | −3.3% | −3.6% |
| June 30, 2023 | +1.7% | +8.3% |
| March 31, 2023 | +3.9% | +7.0% |
| December 31, 2022 | +3.4% | +7.1% |
| September 30, 2022 | −5.0% | −5.3% |
| June 30, 2022 | −11.2% | −16.5% |
| March 31, 2022 | −5.0% | −4.9% |
| December 31, 2021 | +4.1% | +10.7% |
| September 30, 2021 | −1.2% | +0.3% |
Sources
Every number on this page points here. Each one links to the public record.
- 1SEC EDGAR: Rational Advisors, Inc. Form 13F filingshttps://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1143565&type=13F-HR&dateb=&owner=include&count=40CIK 1143565
- 2SEC: 13F for the quarter ended June 30, 2026https://www.sec.gov/Archives/edgar/data/1143565/000158064226004576/Filed July 24, 2026 · accession 0001580642-26-004576