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Portfolio (Quarterly) Guide ↗

RATIONAL ADVISORS, INC.

· CIK 0001143565
13F Portfolio $1.1B AUM 231 positions Filed Jul 24, 2026 EDGAR ↗ ← All Funds
Q2 2026 Q4 2025 · All 42 New 93 Added 54 Reduced 31 Exited
Page 2 of 3  ·  54 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
21 MSFT MICROSOFT CORP Technology 4,806.0 $1.8M 0.16% -7K -60.5% $373.02 +29.5%
22 JPM JPMORGAN CHASE & CO Financial Services 5,172.0 $1.7M 0.15% -292.0 -5.3% $327.33 +7.4%
23 GOOG ALPHABET INC 4,473.0 $1.6M 0.14% -3K -42.3% $353.33
24 AVGO BROADCOM INC Technology 4,140.0 $1.6M 0.14% -1K -22.7% $377.75 -2.5%
25 APOS APOLLO GLOBAL MGMT INC 12,515.0 $1.5M 0.14% -6K -30.8% $118.31
26 XOM EXXON MOBIL CORP Energy 10,802.0 $1.5M 0.14% -4K -26.5% $136.72 +20.8%
27 AMD ADVANCED MICRO DEVICES INC Technology 2,024.0 $1.2M 0.11% -547.0 -21.3% $580.91 -18.5%
28 ABBV ABBVIE INC Healthcare 4,574.0 $1.2M 0.11% -329.0 -6.7% $251.64 +5.3%
29 BX BLACKSTONE INC Financial Services 9,754.0 $1.1M 0.10% -5K -33.7% $117.67 +21.8%
30 SPOT SPOTIFY TECHNOLOGY S A Communication Services 2,370.0 $1.1M 0.10% -3K -55.1% $459.13 +16.2%
31 DE DEERE & CO Industrials 1,694.0 $1.1M 0.10% -43.0 -2.5% $634.33 +2.1%
32 TDG TRANSDIGM GROUP INC Industrials 790.0 $1.1M 0.10% -2K -72.9% $1332.04 -9.9%
33 CAT CATERPILLAR INC Industrials 908.0 $967K 0.09% -973.0 -51.7% $1064.90 -22.3%
34 UNH UNITEDHEALTH GROUP INC Healthcare 2,155.0 $896K 0.08% -140.0 -6.1% $415.63 -6.1%
35 HSBC HSBC HLDGS PLC Financial Services 8,035.0 $764K 0.07% -2K -18.0% $95.09 +9.5%
36 NVS NOVARTIS AG Healthcare 4,853.0 $761K 0.07% -2K -32.5% $156.72 +1.4%
37 TSLA TESLA INC Consumer Cyclical 1,384.0 $582K 0.05% -3K -67.6% $420.60 -13.7%
38 META META PLATFORMS INC Communication Services 927.0 $522K 0.05% -5K -85.5% $563.29 -2.4%
39 PANW PALO ALTO NETWORKS INC Technology 1,416.0 $483K 0.04% -3K -68.3% $341.02 +4.9%
40 IBM INTERNATIONAL BUSINESS MACHS Technology 1,695.0 $477K 0.04% -2K -58.3% $281.21 -16.2%
Page 2 of 3  ·  54 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 26.5%
Financial Services 20.8%
Industrials 12.2%
Communication Services 11.4%
Real Estate 9.0%
Consumer Cyclical 6.5%
Healthcare 5.5%
Consumer Defensive 4.2%
Energy 3.5%
Basic Materials 0.5%