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Portfolio (Quarterly) Guide ↗

RATIONAL ADVISORS, INC.

· CIK 0001143565
13F Portfolio $976M AUM 229 positions Filed Feb 10, 2026 EDGAR ↗ ← All Funds
Q4 2025 Q3 2025 · All 12 New 106 Added 55 Reduced 21 Exited
Page 3 of 3  ·  55 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
41 HSBC HSBC HLDGS PLC Financial Services 9,800.0 $771K 0.08% -5K -33.3% $78.67 +17.0%
42 ITA ISHARES TR 3,583.0 $769K 0.08% -120.0 -3.2% $214.69 +5.0%
43 CDNS CADENCE DESIGN SYSTEM INC Technology 1,849.0 $578K 0.06% -310.0 -14.4% $312.58 +19.5%
44 AMD ADVANCED MICRO DEVICES INC Technology 2,571.0 $551K 0.06% -455.0 -15.0% $214.16 +118.3%
45 GS GOLDMAN SACHS GROUP INC Financial Services 563.0 $495K 0.05% -887.0 -61.2% $879.00 +13.4%
46 V VISA INC Financial Services 642.0 $225K 0.02% -5K -88.7% $350.71 -6.2%
47 IHAK ISHARES TR 4,563.0 $220K 0.02% -8K -63.9% $48.12 +16.4%
48 GLW CORNING INC Technology 2,494.0 $218K 0.02% -4K -59.0% $87.56 +121.6%
49 ORCL ORACLE CORP Technology 941.0 $183K 0.02% -2K -64.0% $194.91 -1.5%
50 HD HOME DEPOT INC Consumer Cyclical 324.0 $111K 0.01% -2K -83.0% $344.10 -9.0%
51 BLK BLACKROCK INC Financial Services 53.0 $57K 0.01% -340.0 -86.5% $1070.34 +0.2%
52 SNPS SYNOPSYS INC Technology 58.0 $27K 0.00% -2K -96.4% $469.72 +11.7%
53 EQIX EQUINIX INC Real Estate 32.0 $25K 0.00% -469.0 -93.6% $766.16 +40.9%
54 LYV LIVE NATION ENTERTAINMENT IN Communication Services 80.0 $11K 0.00% -16K -99.5% $142.50 +16.2%
55 AOS SMITH A O CORP Industrials 37.0 $2K -5.0 -11.9% $66.89 -14.4%
Page 3 of 3  ·  55 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 24.4%
Financial Services 17.7%
Consumer Cyclical 15.1%
Communication Services 13.8%
Industrials 9.8%
Healthcare 7.6%
Consumer Defensive 4.8%
Real Estate 2.7%
Utilities 2.2%
Energy 1.9%