Rafferty Asset Management, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 14, 2025), Rafferty Asset Management, LLC reported 1,140 stock positions worth $28.3 billion. Its top holding was iShares 20+ Year Treasury BD (TLT) at 12.9% of the portfolio, followed by iShares Russell 2000 ETF (IWM, 6.2%) and Nvidia (NVDA, 4.7%). Compared with Q3 2024, it opened 47 new positions, sold out of 44, added to 601 and reduced 482. The biggest buy was Tesla (TSLA, shares +55%) and the biggest sale iShares 20+ Year Treasury BD (TLT, shares −11%).
- Most Recent 13F
- Q2 2026
- Location
- New York, NY
- CIK
- 0001389426
- Portfolio Value
- $28.3B (Q4 2024)
- SEC Filing
- 0001999371-25-001622 ↗ filed Feb 14, 2025
Holdings Value
Holdings 1,140 stocks · $28.3B
| TLT iShares 20+ Year Treasury BD | 12.93% | 41,834,302 | $3.7B | Reduce -11.4% |
| IWM iShares Russell 2000 ETF | 6.20% | 7,929,117 | $1.8B | Add +0.4% |
| NVDA Nvidia Corp. | 4.66% | 9,800,764 | $1.3B | Reduce -15.4% |
| TSLA Tesla Inc. | 4.21% | 2,945,331 | $1.2B | Add +55.4% |
| AVGO Broadcom Inc. | 3.75% | 4,570,365 | $1.1B | Reduce -14.9% |
| FXI iShares China Large-Cap ETF | 2.96% | 27,495,080 | $837.0M | Add +60.6% |
| AAPL Apple Inc. | 2.58% | 2,915,663 | $730.1M | Add +0.6% |
| MSFT Microsoft Corp. | 2.19% | 1,467,612 | $618.6M | Add +3.8% |
| AMD Advanced Micro Devices | 2.02% | 4,727,248 | $571.0M | Reduce -11.5% |
| QCOM Qualcomm Inc. | 1.76% | 3,229,663 | $496.1M | Reduce -9.4% |
| TXN Texas Instruments Inc. | 1.70% | 2,561,661 | $480.3M | Reduce -12.2% |
| MRVL Marvell Technology Inc. | 1.22% | 3,128,851 | $345.6M | Reduce -34.2% |
| ADI Analog Devices Inc. | 1.13% | 1,508,397 | $320.5M | Reduce -11.8% |
| AMAT Applied Materials Inc. | 1.13% | 1,955,163 | $318.0M | Reduce -7.7% |
| LRCX Lam Research Corp. | 1.12% | 4,391,132 | $317.2M | Reduce -9.6% |
| GDX Vaneck Gold Miners ETF | 1.11% | 9,282,123 | $314.8M | Add +33.8% |
| KLAC KLA Corp. | 1.11% | 497,003 | $313.2M | Add +1.6% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.04% | 649,929 | $294.6M | Add +4.7% |
| MU Micron Technology Inc. | 1.02% | 3,423,756 | $288.1M | Reduce -17.4% |
| NXPI NXP Semiconductors NV | 1.00% | 1,363,314 | $283.4M | Reduce -9.3% |
| TSM Taiwan Semiconductor-SP ADR | 0.99% | 1,421,775 | $280.8M | Reduce -24.1% |
| INTC Intel Corp. | 0.97% | 13,740,500 | $275.5M | Reduce -23.1% |
| QQQ Invesco QQQ Trust Series 1 | 0.97% | 536,407 | $274.2M | Reduce -0.8% |
| AMZN Amazon.com Inc. | 0.94% | 1,215,571 | $266.7M | Add +14.2% |
| ASML ASML Holding NV-NY Reg SHS | 0.94% | 384,545 | $266.5M | Add +3.9% |
| MCHP Microchip Technology Inc. | 0.91% | 4,505,641 | $258.4M | Reduce -2.0% |
| ON On Semiconductor | 0.89% | 3,981,492 | $251.0M | Reduce -2.1% |
| MPWR Monolithic Power Systems Inc. | 0.88% | 419,195 | $248.0M | Add +7.2% |
| JPM JPMorgan Chase & Co. | 0.84% | 993,280 | $238.1M | Add +3.0% |
| V Visa Inc. Class A | 0.68% | 610,517 | $192.9M | Add +7.7% |
| TER Teradyne Inc. | 0.63% | 1,420,691 | $178.9M | Reduce -3.2% |
| KWEB Kranesh Csi China Internet | 0.61% | 5,913,555 | $172.9M | Reduce -5.9% |
| ASHR Xtrackers Harvest Csi 300 CH | 0.60% | 6,430,391 | $170.2M | Add +341.8% |
| META Meta Platforms Inc. Class A | 0.54% | 261,989 | $153.4M | Add +15.8% |
| MA Mastercard Inc. Class A | 0.54% | 289,658 | $152.5M | Add +3.4% |
| GOOGL Alphabet Inc. Class A | 0.49% | 732,623 | $138.7M | Add +3.2% |
| ENTG Entegris Inc. | 0.45% | 1,291,495 | $127.9M | Reduce -2.2% |
| GDXJ Vaneck Junior Gold Miners | 0.45% | 2,968,980 | $126.9M | Add +28.8% |
| SWKS Skyworks Solutions Inc. | 0.45% | 1,426,412 | $126.5M | Reduce -2.1% |
| CRM Salesforce Inc. | 0.42% | 355,145 | $118.7M | Reduce -0.6% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.37% | 2,355,158 | $103.5M | Add +2.9% |
| CSCO Cisco Systems Inc. | 0.35% | 1,685,038 | $99.8M | Reduce -0.0% |
| ORCL Oracle Corp. | 0.33% | 556,326 | $92.7M | Add +0.5% |
| XOM Exxon Mobil Corp. | 0.33% | 857,833 | $92.3M | Add +4.3% |
| GOOG Alphabet Inc. Class C | 0.32% | 475,479 | $90.6M | Add +9.9% |
| NOW ServiceNow Inc. | 0.29% | 78,130 | $82.8M | Add +3.5% |
| WFC Wells Fargo & Co. | 0.29% | 1,174,679 | $82.5M | Add +1.8% |
| ADBE Adobe Inc. | 0.28% | 180,402 | $80.2M | Add +3.0% |
| EWZ iShares MSCI Brazil ETF | 0.27% | 3,444,830 | $77.5M | Add +92.2% |
| ACN Accenture PLC Class A | 0.26% | 212,698 | $74.8M | Reduce -0.7% |
| INTU Intuit Inc. | 0.26% | 115,688 | $72.7M | Add +1.6% |
| PLTR Palantir Technologies Inc. Class A | 0.25% | 942,411 | $71.3M | Add +36.3% |
| ONTO Onto Innovation Inc. | 0.25% | 422,456 | $70.4M | Reduce -2.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.25% | 319,163 | $70.2M | Add +0.4% |
| LLY Eli Lilly & Co. | 0.25% | 89,810 | $69.3M | Add +11.6% |
| IVV iShares Core S&P 500 ETF | 0.24% | 114,865 | $67.6M | No change |
| LSCC Lattice Semiconductor Corp. | 0.24% | 1,175,234 | $66.6M | Reduce -2.2% |
| EWY iShares MSCI South Korea ETF | 0.23% | 1,289,299 | $65.6M | Add +280.4% |
| NFLX Netflix Inc. | 0.23% | 72,421 | $64.6M | Add +11.9% |
| GS Goldman Sachs Group Inc. | 0.22% | 110,757 | $63.4M | Add +3.5% |
| MKSI MKS Inc. filed as MKS INSTRS INC | 0.21% | 576,566 | $60.2M | Reduce -2.2% |
| AXP American Express Co. | 0.21% | 196,338 | $58.3M | Add +3.1% |
| CVX Chevron Corp. | 0.20% | 392,810 | $56.9M | Reduce -1.5% |
| QRVO Qorvo Inc. | 0.20% | 806,083 | $56.4M | Reduce -6.5% |
| SPGI S&P Global Inc. | 0.20% | 112,022 | $55.8M | Add +3.2% |
| STM Stmicroelectronics NV-NY SHS | 0.20% | 2,224,813 | $55.6M | Reduce -4.8% |
| OLED Universal Display Corp. | 0.20% | 377,503 | $55.2M | Reduce -2.0% |
| MS Morgan Stanley | 0.19% | 437,658 | $55.0M | Add +3.6% |
| ASX Ase Technology Holding -ADR | 0.19% | 5,437,836 | $54.8M | Reduce -4.3% |
| PANW Palo Alto Networks Inc. | 0.19% | 295,804 | $53.8M | Add +0.5% |
| UNH Unitedhealth Group Inc. | 0.19% | 104,372 | $52.8M | Add +11.4% |
| BLK BlackRock Inc. | 0.19% | 51,358 | $52.6M | Add +8.8% |
| ARM Arm Holdings PLC-ADR | 0.18% | 407,653 | $50.3M | Reduce -0.4% |
| PGR Progressive Corp. | 0.18% | 206,683 | $49.5M | Add +4.1% |
| ABBV Abbvie Inc. | 0.17% | 277,386 | $49.3M | Add +4.2% |
| PYPL PayPal Holdings Inc. | 0.17% | 562,201 | $48.0M | Add +1.3% |
| COST Costco Wholesale Corp. | 0.17% | 52,348 | $48.0M | Add +9.9% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.17% | 137,792 | $47.1M | Add +2.6% |
| C Citigroup Inc. | 0.17% | 667,254 | $47.0M | Add +3.2% |
| TFC Truist Financial Corp. | 0.16% | 1,053,998 | $45.7M | Reduce -7.8% |
| ANET Arista Networks Inc. | 0.16% | 412,002 | $45.5M | Add +2.4% |
| BX Blackstone Inc. | 0.16% | 256,010 | $44.1M | Add +3.9% |
| HD Home Depot Inc. | 0.16% | 113,325 | $44.1M | Add +14.1% |
| AMGN Amgen Inc. | 0.15% | 158,852 | $41.4M | Add +13.3% |
| FISV Fiserv Inc. | 0.15% | 200,722 | $41.2M | Add +2.8% |
| CDNS Cadence Design SYS Inc. | 0.15% | 136,980 | $41.2M | Reduce -0.3% |
| GE General Electric filed as GE AEROSPACE | 0.14% | 245,381 | $40.9M | Add +9.9% |
| UMC United Microelectron-SP ADR | 0.14% | 6,175,738 | $40.1M | Reduce -4.8% |
| JNJ Johnson & Johnson | 0.14% | 275,467 | $39.8M | Add +11.6% |
| GILD Gilead Sciences Inc. | 0.14% | 425,473 | $39.3M | Reduce -9.6% |
| SCHW Schwab (charles) Corp. | 0.14% | 527,421 | $39.0M | Add +4.1% |
| SNPS Synopsys Inc. | 0.14% | 79,729 | $38.7M | Add +4.3% |
| INDA iShares MSCI India ETF | 0.13% | 706,219 | $37.2M | Reduce -27.6% |
| MRSH Marsh & McLennan Cos | 0.13% | 173,273 | $36.8M | Add +3.9% |
| CB Chubb Ltd. | 0.13% | 132,265 | $36.5M | Add +3.9% |
| VRTX Vertex Pharmaceuticals Inc. | 0.13% | 90,219 | $36.3M | Add +4.5% |
| MTB M & T Bank Corp. filed as M & T BK CORP | 0.13% | 190,933 | $35.9M | Reduce -16.0% |
| KKR KKR & Co. Inc. | 0.13% | 239,761 | $35.5M | Add +3.7% |
| RTX RTX Corp. | 0.12% | 301,764 | $34.9M | Add +10.8% |
| ADSK Autodesk Inc. | 0.12% | 117,924 | $34.9M | Reduce -0.9% |
Portfolio Sells Q3 2024 → Q4 2024
| TLT iShares 20+ Year Treasury BD | Reduce -11.4% | 12.93% | −2.94 |
| AMD Advanced Micro Devices | Reduce -11.5% | 2.02% | −0.98 |
| INTC Intel Corp. | Reduce -23.1% | 0.97% | −0.46 |
| MU Micron Technology Inc. | Reduce -17.4% | 1.02% | −0.45 |
| TXN Texas Instruments Inc. | Reduce -12.2% | 1.70% | −0.36 |
| MCHP Microchip Technology Inc. | Reduce -2.0% | 0.91% | −0.35 |
| AMAT Applied Materials Inc. | Reduce -7.7% | 1.13% | −0.34 |
| QCOM Qualcomm Inc. | Reduce -9.4% | 1.76% | −0.32 |
| LRCX Lam Research Corp. | Reduce -9.6% | 1.12% | −0.24 |
| NXPI NXP Semiconductors NV | Reduce -9.3% | 1.00% | −0.23 |
| ADI Analog Devices Inc. | Reduce -11.8% | 1.13% | −0.21 |
| NVDA Nvidia Corp. | Reduce -15.4% | 4.66% | −0.17 |
| ON On Semiconductor | Reduce -2.1% | 0.89% | −0.12 |
| KWEB Kranesh Csi China Internet | Reduce -5.9% | 0.61% | −0.12 |
| TSM Taiwan Semiconductor-SP ADR | Reduce -24.1% | 0.99% | −0.12 |
| QRVO Qorvo Inc. | Reduce -6.5% | 0.20% | −0.11 |
| OLED Universal Display Corp. | Reduce -2.0% | 0.20% | −0.08 |
| INDA iShares MSCI India ETF | Reduce -27.6% | 0.13% | −0.06 |
| SMCI Super Micro Computer Inc. | Sold out | 0.00% | −0.06 |
| ONTO Onto Innovation Inc. | Reduce -2.3% | 0.25% | −0.06 |
| ENTG Entegris Inc. | Reduce -2.2% | 0.45% | −0.06 |
| MRNA Moderna Inc. | Reduce -22.8% | 0.05% | −0.05 |
| SWKS Skyworks Solutions Inc. | Reduce -2.1% | 0.45% | −0.05 |
| UMC United Microelectron-SP ADR | Reduce -4.8% | 0.14% | −0.05 |
| STM Stmicroelectronics NV-NY SHS | Reduce -4.8% | 0.20% | −0.04 |
| TER Teradyne Inc. | Reduce -3.2% | 0.63% | −0.04 |
| ILMN Illumina Inc. | Reduce -96.1% | 0.00% | −0.04 |
| DLTR Dollar Tree Inc. | Reduce -87.4% | 0.01% | −0.04 |
| MRO Marathon Oil Corp. | Sold out | 0.00% | −0.03 |
| LMT Lockheed Martin Corp. | Reduce -23.1% | 0.06% | −0.03 |
| SWN Southwestern Energy Co. | Sold out | 0.00% | −0.02 |
| ARM Arm Holdings PLC-ADR | Reduce -0.4% | 0.18% | −0.02 |
| EXAS Exact Sciences Corp. | Reduce -17.7% | 0.04% | −0.02 |
| ALNY Alnylam Pharmaceuticals Inc. | Reduce -17.3% | 0.04% | −0.02 |
| RF Regions Financial Corp. | Reduce -15.3% | 0.11% | −0.02 |
| UTHR United Therapeutics Corp. | Reduce -25.3% | 0.05% | −0.01 |
| INCY Incyte Corp. | Reduce -28.1% | 0.05% | −0.01 |
| KRYS Krystal Biotech Inc. | Reduce -40.7% | 0.02% | −0.01 |
| RNAM Avidity Biosciences Inc. | Reduce -11.2% | 0.02% | −0.01 |
| OZK Bank Ozk | Reduce -30.5% | 0.04% | −0.01 |
| NTRA Natera Inc. | Reduce -40.0% | 0.04% | −0.01 |
| AMT American Tower Corp. | Reduce -7.4% | 0.04% | −0.01 |
| EWW iShares MSCI Mexico ETF | Reduce -21.5% | 0.03% | −0.01 |
| INSM Insmed Inc. | Reduce -20.2% | 0.04% | −0.01 |
| SRPT Sarepta Therapeutics Inc. | Reduce -20.9% | 0.05% | −0.01 |
| MTB M & T Bank Corp. | Reduce -16.0% | 0.13% | −0.01 |
| PLD Prologis Inc. | Reduce -7.4% | 0.05% | −0.01 |
| CRSP Crispr Therapeutics AG | Reduce -22.6% | 0.02% | −0.01 |
| CYTK Cytokinetics Inc. | Reduce -22.6% | 0.03% | −0.01 |
| VGK Vanguard Ftse Europe ETF | Reduce -19.1% | 0.03% | −0.01 |
Portfolio Buys Q3 2024 → Q4 2024
| TSLA Tesla Inc. | Add +55.4% | 4.21% | +2.51 |
| FXI iShares China Large-Cap ETF | Add +60.6% | 2.96% | +1.10 |
| ASHR Xtrackers Harvest Csi 300 CH | Add +341.8% | 0.60% | +0.46 |
| AAPL Apple Inc. | Add +0.6% | 2.58% | +0.27 |
| AMZN Amazon.com Inc. | Add +14.2% | 0.94% | +0.26 |
| IWM iShares Russell 2000 ETF | Add +0.4% | 6.20% | +0.22 |
| GDX Vaneck Gold Miners ETF | Add +33.8% | 1.11% | +0.17 |
| PLTR Palantir Technologies Inc. Class A | Add +36.3% | 0.25% | +0.16 |
| EWY iShares MSCI South Korea ETF | Add +280.4% | 0.23% | +0.16 |
| V Visa Inc. Class A | Add +7.7% | 0.68% | +0.15 |
| JPM JPMorgan Chase & Co. | Add +3.0% | 0.84% | +0.15 |
| MSFT Microsoft Corp. | Add +3.8% | 2.19% | +0.10 |
| META Meta Platforms Inc. Class A | Add +15.8% | 0.54% | +0.10 |
| EWZ iShares MSCI Brazil ETF | Add +92.2% | 0.27% | +0.09 |
| APO Apollo Global Management Inc. | New | 0.09% | +0.09 |
| GOOGL Alphabet Inc. Class A | Add +3.2% | 0.49% | +0.09 |
| GOOG Alphabet Inc. Class C | Add +9.9% | 0.32% | +0.07 |
| WDAY Workday Inc. Class A | Add +124.0% | 0.12% | +0.07 |
| NFLX Netflix Inc. | Add +11.9% | 0.23% | +0.07 |
| WFC Wells Fargo & Co. | Add +1.8% | 0.29% | +0.07 |
| MA Mastercard Inc. Class A | Add +3.4% | 0.54% | +0.07 |
| GDXJ Vaneck Junior Gold Miners | Add +28.8% | 0.45% | +0.06 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +4.7% | 1.04% | +0.06 |
| BA The Boeing Co. | Add +104.5% | 0.11% | +0.06 |
| NOW ServiceNow Inc. | Add +3.5% | 0.29% | +0.06 |
| BAC Bank of America Corp. | Add +2.9% | 0.37% | +0.06 |
| AXON Axon Enterprise Inc. | Add +74.7% | 0.08% | +0.05 |
| MS Morgan Stanley | Add +3.6% | 0.19% | +0.04 |
| APP AppLovin Corp. Class A | New | 0.04% | +0.04 |
| GS Goldman Sachs Group Inc. | Add +3.5% | 0.22% | +0.04 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +2.6% | 0.17% | +0.04 |
| MSTR Strategy Inc. | New | 0.04% | +0.04 |
| BLK BlackRock Inc. | Add +8.8% | 0.19% | +0.03 |
| AXP American Express Co. | Add +3.1% | 0.21% | +0.03 |
| ANET Arista Networks Inc. | Add +2.4% | 0.16% | +0.03 |
| WMT Walmart Inc. | Add +11.9% | 0.12% | +0.03 |
| C Citigroup Inc. | Add +3.2% | 0.17% | +0.03 |
| BX Blackstone Inc. | Add +3.9% | 0.16% | +0.03 |
| FISV Fiserv Inc. | Add +2.8% | 0.15% | +0.03 |
| SCHW Schwab (charles) Corp. | Add +4.1% | 0.14% | +0.03 |
| COST Costco Wholesale Corp. | Add +9.9% | 0.17% | +0.03 |
| KKR KKR & Co. Inc. | Add +3.7% | 0.13% | +0.02 |
| PYPL PayPal Holdings Inc. | Add +1.3% | 0.17% | +0.02 |
| SMCI Super Micro Computer Inc. | New | 0.02% | +0.02 |
| WAL Western Alliance Bancorp | Add +34.3% | 0.07% | +0.02 |
| COF Capital One Financial Corp. | Add +4.0% | 0.08% | +0.02 |
| HD Home Depot Inc. | Add +14.1% | 0.16% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +0.5% | 0.19% | +0.02 |
| ISRG Intuitive Surgical Inc. | Add +7.0% | 0.12% | +0.02 |
| PCVX Vaxcyte Inc. | Add +128.6% | 0.04% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 1,133 | $43.9B | MU, NVDA, AMD, AVGO, INTC |
| Q1 2026 | 1,057 | $24.6B | TLT, NVDA, IWM, AVGO, MU |
| Q4 2025 | 1,133 | $28.9B | TLT, NVDA, IWM, AVGO, AMD |
| Q3 2025 | 1,104 | $30.8B | TLT, TSLA, IWM, NVDA, AVGO |
| Q2 2025 | 1,077 | $30.3B | TLT, NVDA, IWM, TSLA, AVGO |
| Q1 2025 | 1,058 | $23.5B | TLT, IWM, NVDA, FXI, TSLA |
| Q4 2024 | 1,140 | $28.3B | TLT, IWM, NVDA, TSLA, AVGO |
| Q3 2024 | 1,137 | $29.2B | TLT, IWM, NVDA, AVGO, AMD |
| Q2 2024 | 1,168 | $26.9B | TLT, NVDA, IWM, AVGO, MSFT |
| Q1 2024 | 1,080 | $26.8B | TLT, IWM, NVDA, MSFT, AVGO |