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Institutional

RATIONAL ADVISORS, INC.

CIK 0001143565
$979.9M
Reported AUM
179
Positions
Q1 2026
Period
2026-05-07
Filed

The Brief · RATIONAL ADVISORS, INC. · Q1 2026

AI · grounded in 13F

RATIONAL ADVISORS, INC. closed its position in SPAB, reducing exposure by $71.7M. The fund offset this by establishing a new position in SCHZ worth $71.4M. Other notable moves include closing its position in SPHY for $23.7M and initiating a new position in VCIT valued at $19.5M.

Portfolio · Q1 2026

SCHZ$71.4MAGG$71.3MBND$71.3MNTSX$69.3MMLPX$49.8MQQQM$44.5MXLU$42.4MVIG$37.9MIVV$34.5MJEPI$30.3MSCHH$26.2MPFFD$23.0MOther$408.0MRI

Top holdings

QoQ vs Q4 2025

#TickerIssuerValue% of bookΔ shares (QoQ)Status
1SCHZSCHWAB STRATEGIC TR$71.4M7.29%+3,076,262NEW
2AGGISHARES TR$71.3M7.28%-534-0.1%
3BNDVANGUARD BD INDEX FDS$71.3M7.28%-1,992-0.2%
4NTSXWISDOMTREE TR$69.3M7.08%+650,475+100.7%
5MLPXGLOBAL X FDS$49.8M5.08%-110,299-14.1%
6QQQMINVESCO EXCH TRADED FD TR II$44.5M4.55%+6,216+3.4%
7XLUSELECT SECTOR SPDR TR$42.4M4.32%-44,520-4.6%
8VIGVANGUARD SPECIALIZED FUNDS$37.9M3.87%-2,227-1.2%
9IVVISHARES TR$34.5M3.52%-14,985-22.1%
10JEPIJ P MORGAN EXCHANGE TRADED F$30.3M3.09%+54,560+11.4%
11SCHHSCHWAB STRATEGIC TR$26.2M2.67%-257,797-17.5%
12PFFDGLOBAL X FDS$23.0M2.35%+200,283+19.1%
13IEFAISHARES TR$21.4M2.18%+58,878+33.2%
14VOOVANGUARD INDEX FDS$20.9M2.13%+1,536+4.6%
15VCITVANGUARD SCOTTSDALE FDS$19.5M1.99%+235,761NEW
16WFC 7.5 PERP LWELLS FARGO CO NEW$19.4M1.98%+8,200+100.0%
17DFCFDIMENSIONAL ETF TRUST$15.6M1.59%-2,024-0.5%
18SPYMSPDR SERIES TRUST$14.8M1.51%+203+0.1%
19BABINVESCO EXCH TRADED FD TR II$11.6M1.19%+288,500+201.4%
20NEE 7.234 11/01/27NEXTERA ENERGY INC$10.6M1.08%+10,200+5.3%
21PPL 2.875 03/15/28PPL CAP FDG INC$10.4M1.07%+1,730,000+24.1%
22SPYSTATE STR SPDR S&P 500 ETF T$10.3M1.05%+5,118+47.6%
23GPN 1.5 03/01/31GLOBAL PMTS INC$10.0M1.02%+730,000+6.9%
24WEC 4.375 06/01/29WEC ENERGY GROUP INC$9.8M1.00%+7,944,000NEW
25UBER 0.875 12/01/28 2028UBER TECHNOLOGIES INC$9.8M1.00%+2,080,000+34.2%
26ON 0.5 03/01/29ON SEMICONDUCTOR CORP$9.7M0.99%HELD
27BAC 7.25 PERP LBANK AMERICA CORP$9.6M0.98%HELD
28ETSY 0.25 06/15/28ETSY INC$9.3M0.95%+2,390,000+29.7%
29MTH 1.75 05/15/28MERITAGE HOMES CORP$8.8M0.89%+1,560,000+20.7%
30WELLWELLTOWER INC$8.5M0.87%+23,400+111.4%
31WMTWALMART INC$8.1M0.83%+32,387+88.7%
32SCYBSCHWAB STRATEGIC TR$7.8M0.80%+301,093NEW
33BA 6 10/15/27BOEING CO$6.3M0.64%+97,300NEW
34HPE 7.625 09/01/27HEWLETT PACKARD ENTERPRISE C$5.8M0.59%+400+0.4%
35NVDANVIDIA CORPORATION$5.3M0.54%+14,564+91.8%
36AAPLAPPLE INC$5.2M0.53%+1,090+5.6%
37DKNG 0 03/15/28DRAFTKINGS INC NEW$5.2M0.53%HELD
38GOOGLALPHABET INC$4.9M0.50%-6,565-27.8%
39AMZNAMAZON COM INC$4.9M0.50%-1,310-5.3%
40TSMTAIWAN SEMICONDUCTOR MANUFAC$4.4M0.45%+5,947+84.0%
41MSFTMICROSOFT CORP$4.1M0.42%-1,069-8.8%
42MCHP 7.5 03/15/28MICROCHIP TECHNOLOGY INC.$3.9M0.40%-21,600-24.1%
43ITTITT INC$3.9M0.39%+300+1.5%
44VMBSVANGUARD SCOTTSDALE FDS$3.9M0.39%+82,375NEW
45DDOG 0 12/01/29DATADOG INC$3.8M0.38%+1,730,000+80.5%
46BRK/BBERKSHIRE HATHAWAY INC DEL$3.2M0.32%+1,721+35.0%
47SO 4.5 06/15/27SOUTHERN CO$3.1M0.32%+2,820,000NEW
48HALO 0.25 03/01/27HALOZYME THERAPEUTICS INC$3.1M0.31%+530,000+21.7%
49FOUR 0.5 08/01/27SHIFT4 PMTS INC$3.0M0.31%-1,090,000-25.4%
50NFLXNETFLIX INC.$2.9M0.30%+100+0.3%
51MDTMEDTRONIC PLC$2.9M0.29%+2,800+9.2%
52GEGE AEROSPACE$2.9M0.29%+6,860+214.8%
53KKR 6.25 03/01/28 DKKR & CO INC$2.8M0.29%-80,600-53.6%
54COSTCOSTCO WHOLESALE CORPORATION$2.8M0.28%-710-20.4%
55MELIMERCADOLIBRE INC$2.6M0.27%HELD
56LNGCHENIERE ENERGY INC$2.6M0.26%+9,100NEW
57ARES 6.75 10/01/27 BARES MANAGEMENT CORPORATION$2.6M0.26%-86,700-54.9%
58UBERUBER TECHNOLOGIES INC$2.6M0.26%+1,300+3.8%
59SPOTSPOTIFY TECHNOLOGY S A$2.6M0.26%-5-0.1%
60AVGOBROADCOM INC$2.5M0.25%+2,667+49.8%
61PLTRPALANTIR TECHNOLOGIES INC$2.5M0.25%+8,508+100.8%
62MCDMCDONALDS CORP$2.3M0.24%+1,665+28.8%
63JPMJPMORGAN CHASE & CO$2.3M0.23%+2,360+43.2%
64GOOGALPHABET INC$2.3M0.23%+167+2.2%
65BABAALIBABA GROUP HLDG LTD$2.2M0.22%+14,400+498.3%
66WMBWILLIAMS COS INC$2.2M0.22%+15,947+96.1%
67GH 0 11/15/27GUARDANT HEALTH INC$2.1M0.21%+2,049,000NEW
68XOMEXXON MOBIL CORP$2.0M0.21%-2,720-18.5%
69NOWSERVICENOW INC$2.0M0.20%-6,800-26.3%
70IEFISHARES TR$1.9M0.19%+17,335+695.1%
71SHLDGLOBAL X FDS$1.6M0.16%+22,000NEW
72LLYELI LILLY & CO$1.4M0.15%-1,358-46.4%
73TSLATESLA INC$1.4M0.15%-420-9.8%
74POWRISHARES INC$1.4M0.14%+53,245NEW
75APOAPOLLO GLOBAL MGMT INC$1.4M0.14%-5,600-31.0%
76APPAPPLOVIN CORP$1.4M0.14%+3,300+2973.0%
77ABBVABBVIE INC$1.3M0.13%+994+20.3%
78CATCATERPILLAR INC$1.3M0.13%-89-4.7%
79AMDADVANCED MICRO DEVICES INC$1.3M0.13%+3,648+141.9%
80DEDEERE & CO$1.2M0.12%+406+23.4%
81NVSNOVARTIS AG$1.2M0.12%+408+5.7%
82ITAISHARES TR$1.2M0.12%+1,699+47.4%
83BXBLACKSTONE INC$1.1M0.11%-5,000-34.0%
84NUNU HLDGS LTD$1.1M0.11%+77,000NEW
85DOVDOVER CORP$1.1M0.11%+5,300NEW
86HEIHEICO CORP NEW$1.1M0.11%+4,000NEW
87WMT2WELLS FARGO CO NEW$1.1M0.11%+7,247+137.0%
88GLWCORNING INC$1.0M0.11%+5,193+208.2%
89ATIATI INC$1.0M0.10%-26,500-79.3%
90WRBYWARBY PARKER INC$948K0.10%HELD
91MUMICRON TECHNOLOGY INC$944K0.10%+2,794NEW
92METAMETA PLATFORMS INC$927K0.09%-4,774-74.7%
93WLDRTWO RDS SHARED TR$875K0.09%+23,527NEW
94HSBCHSBC HLDGS PLC$869K0.09%+734+7.5%
95PANWPALO ALTO NETWORKS INC$809K0.08%+586+13.1%
96SHYISHARES TR$763K0.08%+8,555+1243.5%
97VRTVERTIV HOLDINGS CO$757K0.08%+3,021NEW
98ANETARISTA NETWORKS INC$695K0.07%+5,664NEW
99COPXGLOBAL X FDS$583K0.06%+7,630NEW
100GSGOLDMAN SACHS GROUP INC$576K0.06%+118+21.0%
101SHOPSHOPIFY INC$474K0.05%+4,000NEW
102CRWDCROWDSTRIKE HLDGS INC$468K0.05%+1,200NEW
103VVISA INC$419K0.04%+642+100.0%
104VSTVISTRA CORP$383K0.04%HELD
105ASMLASML HLDG NV$169K0.02%HELD
106MAMASTERCARD INCORPORATED$147K0.02%HELD
107ORCLORACLE CORP$138K0.01%HELD
108HDHOME DEPOT INC$107K0.01%HELD
109CSCOCISCO SYS INC$101K0.01%-10,714-89.2%
110AMATAPPLIED MATLS INC$89K0.01%HELD
111LRCXLAM RESEARCH CORP$88K0.01%HELD
112UNHUNITEDHEALTH GROUP INC$80K0.01%-2,000-87.1%
113LINLINDE PLC$77K0.01%HELD
114TMUST-MOBILE US INC$77K0.01%HELD
115AXPAMERICAN EXPRESS CO$68K0.01%-5,980-96.4%
116KLACKLA CORP$63K0.01%HELD
117TXNTEXAS INSTRS INC$62K0.01%HELD
118AMGNAMGEN INC$62K0.01%HELD
119WMWASTE MGMT INC DEL$60K0.01%+133+100.0%
120ABTABBOTT LABORATORIES$59K0.01%HELD
121CRMSALESFORCE INC$57K0.01%-4,675-93.9%
122ISRGINTUITIVE SURGICAL INC$54K0.01%-1,548-93.0%
123BLKBLACKROCK INC$51K0.01%HELD
124LMTLOCKHEED MARTIN CORP$46K0.00%HELD
125QCOMQUALCOMM INC$45K0.00%HELD
126LOWLOWES COS INC$43K0.00%HELD
127SPGIS&P GLOBAL INC$43K0.00%HELD
128SYKSTRYKER CORPORATION$41K0.00%HELD
129INTUINTUIT$39K0.00%-4,430-98.0%
130VRTXVERTEX PHARMACEUTICALS INC$38K0.00%HELD
131PHPARKER-HANNIFIN CORP$37K0.00%HELD
132ZTSZOETIS INC$37K0.00%+150+100.0%
133CMECME GROUP INC$36K0.00%HELD
134HCAHCA HEALTHCARE INC$35K0.00%HELD
135ADBEADOBE INC$33K0.00%HELD
136NOCNORTHROP GRUMMAN CORP$31K0.00%HELD
137EQIXEQUINIX INC$31K0.00%HELD
138BSXBOSTON SCIENTIFIC CORP$31K0.00%HELD
139ICEINTERCONTINENTAL EXCHANGE IN$29K0.00%HELD
140ADPAUTOMATIC DATA PROCESSING IN$27K0.00%HELD
141SHWSHERWIN WILLIAMS CO$26K0.00%HELD
142CSXCSX CORP$26K0.00%HELD
143MCOMOODYS CORP$25K0.00%HELD
144CDNSCADENCE DESIGN SYSTEM INC$25K0.00%-1,759-95.1%
145VMCVULCAN MATLS CO$25K0.00%+44+100.0%
146AONAON PLC$23K0.00%HELD
147SNPSSYNOPSYS INC$23K0.00%HELD
148CITHE CIGNA GROUP$23K0.00%HELD
149CTASCINTAS CORP$22K0.00%HELD
150RSGREPUBLIC SVCS INC$21K0.00%HELD
151CORCENCORA INC$21K0.00%HELD
152FTNTFORTINET INC$21K0.00%HELD
153TDGTRANSDIGM GROUP INC$20K0.00%-2,900-99.4%
154ADSKAUTODESK INC$17K0.00%HELD
155NDAQNASDAQ INC$16K0.00%HELD
156IDXXIDEXX LABS INC$16K0.00%HELD
157MSCIMSCI INC$15K0.00%HELD
158DHID R HORTON INC$13K0.00%HELD
159WSTWEST PHARMACEUTICAL SVSC INC$13K0.00%+25+100.0%
160ODFLOLD DOMINION FREIGHT LINE IN$13K0.00%HELD
161LYVLIVE NATION ENTERTAINMENT IN$12K0.00%HELD
162ARESARES MANAGEMENT CORPORATION$12K0.00%HELD
163FISVFISERV INC$11K0.00%HELD
164AXONAXON ENTERPRISE INC$11K0.00%HELD
165CPRTCOPART INC$11K0.00%HELD
166AAGILENT TECHNOLOGIES INC$10K0.00%HELD
167CBOECBOE GLOBAL MKTS INC$10K0.00%HELD
168IQVIQVIA HLDGS INC$9K0.00%HELD
169ROLROLLINS INC$9K0.00%HELD
170VRSNVERISIGN INC$8K0.00%HELD
171FICOFAIR ISAAC CORP$7K0.00%HELD
172EFXEQUIFAX INC$7K0.00%HELD
173LENLENNAR CORP$7K0.00%HELD
174BRBROADRIDGE FINL SOLUTIONS IN$6K0.00%HELD
175CSGPCOSTAR GROUP INC$6K0.00%HELD
176JKHYHENRY JACK & ASSOC INC$4K0.00%HELD
177AOSSMITH A O CORP$2K0.00%HELD
178POOLPOOL CORP$2K0.00%HELD
179LNTHLANTHEUS HLDGS INC$2K0.00%HELD
180SPABSPDR SERIES TRUST-2,786,100EXITED
181SPHYSPDR SERIES TRUST-1,002,765EXITED
182SCHISCHWAB STRATEGIC TR-514,536EXITED
183VTR 3.75 06/01/26VENTAS RLTY LTD PARTNERSHIP-6,310,000EXITED
184AWK 3.625 06/15/26AMERICAN WTR CAP CORP-8,110,000EXITED
185MBBISHARES TR-81,858EXITED
186LNT 3.875 03/15/26ALLIANT ENERGY CORP-6,930,000EXITED
187F 0 03/15/26FORD MTR CO-5,200,000EXITED
188CCL1EURCARNIVAL CORP-138,600EXITED
189OKTA 0.375 06/15/26OKTA INC-4,032,000EXITED
190MOG/AMOOG INC-14,900EXITED
191CFGCITIZENS FINL GROUP INC-45,100EXITED
192TJXTJX COS INC NEW-16,950EXITED
193KKRKKR & CO INC-18,925EXITED
194PRO 2.25 09/15/27PROS HOLDINGS INC-2,211,000EXITED
195SCHWSCHWAB CHARLES CORP-22,000EXITED
196APO 6.75 07/31/26APOLLO GLOBAL MGMT INC-27,100EXITED
197SBUXSTARBUCKS CORP-15,900EXITED
198IBMINTERNATIONAL BUSINESS MACHS-4,061EXITED
199GEVGE VERNOVA INC-1,600EXITED
200BKNGBOOKING HOLDINGS INC-162EXITED
201NEENEXTERA ENERGY INC-8,916EXITED
202CEGCONSTELLATION ENERGY CORP-2,010EXITED
203NRGNRG ENERGY INC-2,418EXITED
204TTWOTAKE-TWO INTERACTIVE SOFTWAR-1,291EXITED
205IHAKISHARES TR-4,563EXITED

Source: SEC EDGAR · accession 0001580642-26-003009. 13F discloses long positions only — shorts, foreign equities, and options are excluded.