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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 6 of 10  ·  184 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
101 UNH UNITEDHEALTH GROUP INC Healthcare 2,295.0 $758K 0.08% +2K +789.5% $330.11 +17.7%
102 NEE NEXTERA ENERGY INC Utilities 8,916.0 $716K 0.07% +3K +42.1% $80.28 +10.3%
103 CEG CONSTELLATION ENERGY CORP Utilities 2,010.0 $710K 0.07% +750.0 +59.5% $353.27 -16.8%
104 CDNS CADENCE DESIGN SYSTEM INC Technology 1,849.0 $578K 0.06% -310.0 -14.4% $312.58 +19.5%
105 AMD ADVANCED MICRO DEVICES INC Technology 2,571.0 $551K 0.06% -455.0 -15.0% $214.16 +118.3%
106 GS GOLDMAN SACHS GROUP INC Financial Services 563.0 $495K 0.05% -887.0 -61.2% $879.00 +13.4%
107 WFC WELLS FARGO CO NEW Financial Services 5,291.0 $493K 0.05% NEW $93.20 -18.0%
108 BABA ALIBABA GROUP HLDG LTD Consumer Cyclical 2,890.0 $424K 0.04% NEW $146.58 -11.3%
109 NRG NRG ENERGY INC Utilities 2,418.0 $385K 0.04% +1K +102.2% $159.24 -13.6%
110 VST VISTRA CORP Utilities 2,377.0 $383K 0.04% +1K +127.2% $161.33 -3.1%
111 TTWO TAKE-TWO INTERACTIVE SOFTWAR Communication Services 1,291.0 $331K 0.03% +328.0 +34.1% $256.03 -11.1%
112 IEF ISHARES TR 2,494.0 $240K 0.03% +2K +866.7% $96.16 -2.4%
113 V VISA INC Financial Services 642.0 $225K 0.02% -5K -88.7% $350.71 -6.2%
114 IHAK ISHARES TR 4,563.0 $220K 0.02% -8K -63.9% $48.12 +16.4%
115 GLW CORNING INC Technology 2,494.0 $218K 0.02% -4K -59.0% $87.56 +121.6%
116 ORCL ORACLE CORP Technology 941.0 $183K 0.02% -2K -64.0% $194.91 -1.5%
117 MA MASTERCARD INCORPORATED Financial Services 295.0 $168K 0.02% +32.0 +12.2% $570.88 -12.7%
118 ASML ASML HOLDING N V Technology 128.0 $137K 0.01% +15.0 +13.3% $1069.86 +52.6%
119 HD HOME DEPOT INC Consumer Cyclical 324.0 $111K 0.01% -2K -83.0% $344.10 -9.0%
120 APP APPLOVIN CORP Technology 111.0 $75K 0.01% +9.0 +8.8% $673.82 -28.5%
Page 6 of 10  ·  184 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%