Rakuten Investment Management, Inc.
In its 13F for Q2 2026 (holdings as of June 30, 2026, filed August 18, 2026), Rakuten Investment Management, Inc. reported 467 stock positions worth $34.6 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 52.7% of the portfolio, followed by Vanguard Tot World STK ETF (VT, 6.9%) and Vanguard Total Intl Stock (VXUS, 4.4%). Compared with Q1 2026, it opened 19 new positions, sold out of 18, added to 393 and reduced 55. The biggest buy was Nvidia (NVDA, shares +12%) and the biggest sale VG Morningstar TS MKT ETF-US (VTI, shares −48%).
- Most Recent 13F
- Q2 2026
- Location
- TOKYO, M0
- CIK
- 0002062680
- Portfolio Value
- $34.6B (Q2 2026)
- SEC Filing
- 0000898432-26-000671 ↗ filed Aug 18, 2026
Holdings Value
Holdings 467 stocks · $34.6B
| VTI VG Morningstar TS MKT ETF-US | 52.68% | 49,708,819 | $18.2B | Reduce -47.6% |
| VT Vanguard Tot World STK ETF | 6.86% | 15,258,597 | $2.4B | Reduce -50.8% |
| VXUS Vanguard Total Intl Stock | 4.42% | 18,045,200 | $1.5B | Reduce -40.1% |
| SCHD Schwab US DVD Equity ETF | 4.35% | 47,138,834 | $1.5B | Reduce -43.3% |
| NVDA Nvidia Corp. | 2.68% | 4,767,757 | $929.6M | Add +12.4% |
| VOO Vanguard S&P 500 ETF | 1.88% | 955,039 | $650.4M | Reduce -44.9% |
| MSFT Microsoft Corp. | 1.49% | 1,401,812 | $516.7M | Add +12.8% |
| GOOGL Alphabet Inc. Class A | 1.14% | 1,119,897 | $396.1M | Add +13.3% |
| AVGO Broadcom Inc. | 1.04% | 969,839 | $361.2M | Add +14.7% |
| MU Micron Technology Inc. | 0.99% | 299,691 | $343.2M | Add +12.6% |
| GOOG Alphabet Inc. Class C | 0.93% | 919,979 | $323.2M | Add +12.2% |
| VYM Vanguard High DVD Yield ETF | 0.78% | 1,695,054 | $268.6M | Reduce -40.3% |
| META Meta Platforms Inc. Class A | 0.72% | 442,233 | $248.8M | Add +14.2% |
| TSLA Tesla Inc. | 0.71% | 600,424 | $247.3M | Add +14.4% |
| INTC Intel Corp. | 0.48% | 1,261,023 | $166.1M | Add +11.6% |
| LLY Eli Lilly & Co. | 0.46% | 130,079 | $160.0M | Add +10.1% |
| JPM JPMorgan Chase & Co. | 0.42% | 438,419 | $144.4M | Add +9.2% |
| WMT Walmart Inc. | 0.36% | 1,094,543 | $125.4M | Add +16.5% |
| CSCO Cisco Systems Inc. | 0.32% | 951,009 | $111.9M | Add +16.0% |
| KLAC KLA Corp. | 0.31% | 385,680 | $107.4M | Add +22.0% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.31% | 2,945,288 | $105.9M | Reduce -34.4% |
| JNJ Johnson & Johnson | 0.29% | 393,806 | $101.8M | Add +10.1% |
| COST Costco Wholesale Corp. | 0.29% | 106,891 | $101.2M | Add +16.1% |
| V Visa Inc. Class A | 0.27% | 272,694 | $93.2M | Add +9.2% |
| XOM Exxon Mobil Corp. | 0.27% | 678,619 | $92.3M | Add +9.1% |
| CAT Caterpillar Inc. | 0.23% | 75,605 | $78.1M | Add +9.3% |
| MRVL Marvell Technology Inc. | 0.22% | 275,841 | $76.6M | Add +56.7% |
| TXN Texas Instruments Inc. | 0.22% | 263,737 | $75.3M | Add +19.9% |
| NFLX Netflix Inc. | 0.22% | 1,014,525 | $74.9M | Add +15.7% |
| ABBV Abbvie Inc. | 0.21% | 289,091 | $73.5M | Add +10.2% |
| IVV iShares Core S&P 500 ETF | 0.20% | 91,857 | $68.4M | Reduce -56.0% |
| MA Mastercard Inc. Class A | 0.20% | 132,660 | $67.6M | Add +8.3% |
| PANW Palo Alto Networks Inc. | 0.19% | 195,958 | $65.1M | Add +16.4% |
| GE General Electric filed as GE AEROSPACE | 0.18% | 170,735 | $63.8M | Add +9.5% |
| PLTR Palantir Technologies Inc. Class A | 0.18% | 546,398 | $63.2M | Add +15.2% |
| UNH Unitedhealth Group Inc. | 0.18% | 148,509 | $62.3M | Add +10.5% |
| QCOM Qualcomm Inc. | 0.17% | 308,812 | $58.3M | Add +15.1% |
| HD Home Depot Inc. | 0.17% | 162,910 | $57.2M | Add +10.3% |
| USRT iShares Core US REIT ETF | 0.16% | 841,781 | $56.9M | Reduce -43.3% |
| PG The Procter & Gamble Co. | 0.16% | 380,603 | $56.5M | Add +10.2% |
| SNDK Sandisk Corp. | 0.16% | 27,159 | $55.7M | Add +0.8% |
| WDC Western Digital Corp. | 0.16% | 83,124 | $54.2M | Add +17.9% |
| VWO Vanguard Ftse Emerging Marke | 0.16% | 911,706 | $54.0M | Reduce -40.7% |
| KO The Coca-Cola Co. | 0.15% | 633,433 | $52.4M | Add +8.2% |
| MRK Merck & Co. Inc. | 0.15% | 404,114 | $52.3M | Add +9.7% |
| CVX Chevron Corp. | 0.15% | 304,685 | $51.3M | Add +8.8% |
| VEA Vanguard Ftse Developed ETF | 0.14% | 694,424 | $49.2M | Reduce -9.6% |
| GS Goldman Sachs Group Inc. | 0.14% | 48,251 | $49.2M | Add +8.4% |
| GEV GE Vernova Inc. | 0.14% | 44,108 | $48.6M | Add +9.7% |
| PM Philip Morris International | 0.13% | 254,918 | $46.6M | Add +10.3% |
| PEP Pepsico Inc. | 0.13% | 329,506 | $45.7M | Add +16.1% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.13% | 60,890 | $45.2M | Add +16.4% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.12% | 153,622 | $42.7M | Add +10.7% |
| WFC Wells Fargo & Co. | 0.12% | 500,764 | $41.8M | Add +8.6% |
| MS Morgan Stanley | 0.12% | 195,276 | $41.3M | Add +9.8% |
| ORCL Oracle Corp. | 0.12% | 279,196 | $41.3M | Add +10.3% |
| C Citigroup Inc. | 0.11% | 278,967 | $39.8M | Add +6.7% |
| GILD Gilead Sciences Inc. | 0.11% | 299,116 | $37.8M | Add +16.2% |
| ISRG Intuitive Surgical Inc. | 0.10% | 85,388 | $34.7M | Add +15.9% |
| BKNG Booking Holdings Inc. | 0.10% | 187,173 | $34.1M | New |
| APH Amphenol Corp. Class A | 0.10% | 201,373 | $33.5M | New |
| QQQ Invesco QQQ Trust Series 1 | 0.10% | 45,934 | $33.3M | Add +253.3% |
| GLW Corning Inc. | 0.10% | 128,755 | $32.9M | Add +9.5% |
| APP AppLovin Corp. Class A | 0.09% | 65,389 | $32.6M | Add +16.0% |
| MCD McDonald's Corp. | 0.09% | 116,204 | $31.0M | Add +9.9% |
| TMO Thermo Fisher Scientific Inc. | 0.09% | 60,839 | $30.8M | Add +9.0% |
| VRTX Vertex Pharmaceuticals Inc. | 0.09% | 61,183 | $30.6M | Add +16.1% |
| NEE Nextera Energy Inc. | 0.09% | 341,078 | $30.2M | Add +10.8% |
| VZ Verizon Communications Inc. | 0.09% | 683,214 | $30.1M | Add +9.2% |
| SBUX Starbucks Corp. | 0.08% | 274,569 | $28.6M | Add +16.2% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.08% | 286,332 | $28.2M | Add +8.5% |
| TMUS T-Mobile US Inc. | 0.08% | 161,601 | $28.1M | Add +18.1% |
| VCIT Vanguard Int-Term Corporate | 0.08% | 331,167 | $27.5M | Reduce -58.2% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.08% | 180,925 | $27.4M | Add +9.8% |
| BA The Boeing Co. | 0.08% | 126,533 | $27.2M | New |
| TER Teradyne Inc. | 0.08% | 57,937 | $26.8M | Add +49.8% |
| UNP Union Pacific Corp. | 0.08% | 97,106 | $26.5M | Add +10.3% |
| WELL Welltower Inc. | 0.08% | 115,381 | $26.3M | Add +12.0% |
| DE Deere & Co. | 0.07% | 40,620 | $25.5M | Add +7.9% |
| T AT&T Inc. | 0.07% | 1,138,421 | $24.8M | Add +9.1% |
| CDNS Cadence Design SYS Inc. | 0.07% | 66,470 | $24.8M | Add +17.2% |
| SCHW Schwab (charles) Corp. | 0.07% | 268,961 | $24.4M | Add +8.0% |
| UBER Uber Technologies Inc. | 0.07% | 318,366 | $24.0M | Add +5.7% |
| AGG iShares Core U.S. Aggregate | 0.07% | 241,493 | $24.0M | Add +1.5% |
| MPWR Monolithic Power Systems Inc. | 0.07% | 18,041 | $23.7M | Add +20.8% |
| PFE Pfizer Inc. | 0.07% | 931,567 | $22.7M | Add +10.4% |
| COHR Coherent Corp. | 0.06% | 56,687 | $22.2M | Add +26.7% |
| CVS CVS Health Corp. | 0.06% | 208,478 | $21.6M | Add +10.5% |
| CSX CSX Corp. | 0.06% | 447,796 | $21.5M | Add +16.0% |
| PLD Prologis Inc. | 0.06% | 152,488 | $21.2M | Add +10.6% |
| MAR Marriott International Class A | 0.06% | 56,182 | $21.1M | Add +15.3% |
| PGR Progressive Corp. | 0.06% | 95,611 | $21.0M | Add +9.9% |
| CRM Salesforce Inc. | 0.06% | 132,625 | $20.9M | Reduce -4.7% |
| CMCSA Comcast Corp. Class A | 0.06% | 859,870 | $20.8M | Add +15.1% |
| COP Conocophillips | 0.06% | 199,498 | $20.8M | Add +9.4% |
| CEG Constellation Energy | 0.06% | 79,558 | $20.6M | Add +17.9% |
| SNPS Synopsys Inc. | 0.06% | 45,596 | $20.4M | Add +14.8% |
| COF Capital One Financial Corp. | 0.06% | 100,397 | $20.3M | Add +7.6% |
| SPGI S&P Global Inc. | 0.06% | 49,588 | $20.3M | Add +8.7% |
| MO Altria Group Inc. | 0.06% | 273,210 | $20.2M | Add +9.7% |
Portfolio Sells Q1 2026 → Q2 2026
| VTI VG Morningstar TS MKT ETF-US | Reduce -47.6% | 52.68% | −10.46 |
| VT Vanguard Tot World STK ETF | Reduce -50.8% | 6.86% | −1.80 |
| VOO Vanguard S&P 500 ETF | Reduce -44.9% | 1.88% | −0.27 |
| SCHD Schwab US DVD Equity ETF | Reduce -43.3% | 4.35% | −0.24 |
| LRCX Lam Research Corp. | Sold out | 0.00% | −0.12 |
| IVV iShares Core S&P 500 ETF | Reduce -56.0% | 0.20% | −0.09 |
| VXUS Vanguard Total Intl Stock | Reduce -40.1% | 4.42% | −0.06 |
| VCIT Vanguard Int-Term Corporate | Reduce -58.2% | 0.08% | −0.06 |
| IEMG iShares Core MSCI Emerging | Reduce -68.3% | 0.05% | −0.04 |
| VYM Vanguard High DVD Yield ETF | Reduce -40.3% | 0.78% | −0.04 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -58.1% | 0.04% | −0.03 |
| IAU iShares Gold Trust | Sold out | 0.00% | −0.02 |
| VWO Vanguard Ftse Emerging Marke | Reduce -40.7% | 0.16% | −0.01 |
| HYLB Xtrackers Usd High Yield Cor | Reduce -51.2% | 0.03% | −0.01 |
| USHY iShares Broad Usd High Yield | Reduce -45.4% | 0.04% | −0.01 |
| USRT iShares Core US REIT ETF | Reduce -43.3% | 0.16% | −0.01 |
| INSM Insmed Inc. | Reduce -72.4% | 0.00% | −0.01 |
| ZS Zscaler Inc. | Sold out | 0.00% | −0.01 |
| HON Honeywell International Inc. | Reduce -42.0% | 0.05% | −0.01 |
| VCLT Vanguard Long-Term Corp. Bond | Reduce -51.1% | 0.02% | −0.01 |
| USMV iShares MSCI USA Min Vol Fac | Reduce -45.1% | 0.03% | −0.01 |
| CTRA Coterra Energy Inc. | Sold out | 0.00% | −0.01 |
| CCL Carnival Corp. | Sold out | 0.00% | −0.01 |
| EFA iShares MSCI Eafe ETF | Reduce -52.7% | 0.02% | −0.01 |
| SLB SLB Ltd. | Reduce -41.5% | 0.03% | −0.01 |
| HOLX Hologic Inc. | Sold out | 0.00% | −0.01 |
| TRI Thomson Reuters Corp. | Sold out | 0.00% | −0.00 |
| XYL Xylem Inc. | Reduce -42.5% | 0.01% | −0.00 |
| COO The Cooper Cos Inc. | Sold out | 0.00% | −0.00 |
| CTSH Cognizant Tech Solutions-A | Reduce -21.8% | 0.01% | −0.00 |
| YUM Yum! Brands Inc. | Reduce -41.9% | 0.02% | −0.00 |
| IT Gartner Inc. | Sold out | 0.00% | −0.00 |
| JKHY Jack Henry & Associates Inc. | Sold out | 0.00% | −0.00 |
| CHTR Charter Communications Inc. Class A | Reduce -32.7% | 0.01% | −0.00 |
| IJH iShares Core S&P Midcap ETF | Sold out | 0.00% | −0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Reduce -49.3% | 0.01% | −0.00 |
| EEM iShares MSCI Emerging Market | Reduce -55.9% | 0.01% | −0.00 |
| IYR iShares US Real Estate ETF | Reduce -50.0% | 0.01% | −0.00 |
| HDV iShares Core High Dividend E | Reduce -55.3% | 0.01% | −0.00 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -43.1% | 0.01% | −0.00 |
| CSGP Costar Group Inc. | Reduce -23.0% | 0.01% | −0.00 |
| CAG Conagra Brands Inc. | Sold out | 0.00% | −0.00 |
| GSG iShares S&P Gsci Commodity I | Reduce -50.0% | 0.01% | −0.00 |
| VGLT Vanguard Long-Term Treasury | Reduce -55.2% | 0.00% | −0.00 |
| PINS Pinterest Inc. Class A | Sold out | 0.00% | −0.00 |
| DKNG Draftkings Inc. Class A | Sold out | 0.00% | −0.00 |
| XEL Xcel Energy Inc. | Reduce -35.8% | 0.04% | −0.00 |
| CPB The Campbell's Company | Sold out | 0.00% | −0.00 |
| RKT Rocket Cos Inc. Class A | Reduce -39.0% | 0.00% | −0.00 |
| TTD Trade Desk Inc./the Class A | Reduce -30.7% | 0.00% | −0.00 |
Portfolio Buys Q1 2026 → Q2 2026
| NVDA Nvidia Corp. | Add +12.4% | 2.68% | +1.26 |
| MU Micron Technology Inc. | Add +12.6% | 0.99% | +0.82 |
| GOOGL Alphabet Inc. Class A | Add +13.3% | 1.14% | +0.59 |
| MSFT Microsoft Corp. | Add +12.8% | 1.49% | +0.58 |
| AVGO Broadcom Inc. | Add +14.7% | 1.04% | +0.54 |
| GOOG Alphabet Inc. Class C | Add +12.2% | 0.93% | +0.48 |
| INTC Intel Corp. | Add +11.6% | 0.48% | +0.38 |
| TSLA Tesla Inc. | Add +14.4% | 0.71% | +0.33 |
| META Meta Platforms Inc. Class A | Add +14.2% | 0.72% | +0.30 |
| LLY Eli Lilly & Co. | Add +10.1% | 0.46% | +0.25 |
| KLAC KLA Corp. | Add +22.0% | 0.31% | +0.22 |
| CSCO Cisco Systems Inc. | Add +16.0% | 0.32% | +0.19 |
| MRVL Marvell Technology Inc. | Add +56.7% | 0.22% | +0.19 |
| JPM JPMorgan Chase & Co. | Add +9.2% | 0.42% | +0.19 |
| SNDK Sandisk Corp. | Add +0.8% | 0.16% | +0.14 |
| PANW Palo Alto Networks Inc. | Add +16.4% | 0.19% | +0.14 |
| TXN Texas Instruments Inc. | Add +19.9% | 0.22% | +0.13 |
| CAT Caterpillar Inc. | Add +9.3% | 0.23% | +0.13 |
| WMT Walmart Inc. | Add +16.5% | 0.36% | +0.13 |
| WDC Western Digital Corp. | Add +17.9% | 0.16% | +0.12 |
| JNJ Johnson & Johnson | Add +10.1% | 0.29% | +0.12 |
| V Visa Inc. Class A | Add +9.2% | 0.27% | +0.12 |
| UNH Unitedhealth Group Inc. | Add +10.5% | 0.18% | +0.11 |
| COST Costco Wholesale Corp. | Add +16.1% | 0.29% | +0.11 |
| QCOM Qualcomm Inc. | Add +15.1% | 0.17% | +0.10 |
| ABBV Abbvie Inc. | Add +10.2% | 0.21% | +0.10 |
| BKNG Booking Holdings Inc. | New | 0.10% | +0.10 |
| GE General Electric | Add +9.5% | 0.18% | +0.10 |
| APH Amphenol Corp. Class A | New | 0.10% | +0.10 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +16.4% | 0.13% | +0.09 |
| QQQ Invesco QQQ Trust Series 1 | Add +253.3% | 0.10% | +0.08 |
| BA The Boeing Co. | New | 0.08% | +0.08 |
| GEV GE Vernova Inc. | Add +9.7% | 0.14% | +0.07 |
| MA Mastercard Inc. Class A | Add +8.3% | 0.20% | +0.07 |
| GS Goldman Sachs Group Inc. | Add +8.4% | 0.14% | +0.07 |
| HD Home Depot Inc. | Add +10.3% | 0.17% | +0.07 |
| GLW Corning Inc. | Add +9.5% | 0.10% | +0.06 |
| MRK Merck & Co. Inc. | Add +9.7% | 0.15% | +0.06 |
| MS Morgan Stanley | Add +9.8% | 0.12% | +0.06 |
| PG The Procter & Gamble Co. | Add +10.2% | 0.16% | +0.06 |
| KO The Coca-Cola Co. | Add +8.2% | 0.15% | +0.06 |
| C Citigroup Inc. | Add +6.7% | 0.11% | +0.06 |
| PM Philip Morris International | Add +10.3% | 0.13% | +0.06 |
| IBM Intl Business Machines Corp. | Add +10.7% | 0.12% | +0.06 |
| TER Teradyne Inc. | Add +49.8% | 0.08% | +0.06 |
| ALAB Astera Labs Inc. | Add +84.6% | 0.06% | +0.05 |
| APP AppLovin Corp. Class A | Add +16.0% | 0.09% | +0.05 |
| NFLX Netflix Inc. | Add +15.7% | 0.22% | +0.05 |
| PLTR Palantir Technologies Inc. Class A | Add +15.2% | 0.18% | +0.05 |
| XOM Exxon Mobil Corp. | Add +9.1% | 0.27% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 467 | $34.6B | VTI, VT, VXUS, SCHD, NVDA |
| Q1 2026 | 464 | $49.2B | VTI, VT, SCHD, VXUS, VOO |
| Q4 2025 | 607 | $29.7B | VTI, VT, SCHD, VXUS, NVDA |
| Q3 2025 | 637 | $28.1B | VTI, VT, SCHD, VXUS, ORLY |
| Q1 2025 | 694 | $21.8B | VTI, VT, SCHD, VXUS, VOO |
| Q3 2024 | 533 | $17.1B | VTI, VT, AAPL, NVDA, VYM |
| Q2 2024 | 536 | $15.2B | VTI, VT, NVDA, AAPL, VYM |
| Q1 2024 | 533 | $13.6B | VTI, VT, VYM, AAPL, NVDA |