Rakuten Investment Management, Inc.
In its 13F for Q1 2026 (holdings as of March 31, 2026, filed May 12, 2026), Rakuten Investment Management, Inc. reported 464 stock positions worth $49.2 billion. Its top holding was VG Morningstar TS MKT ETF-US (VTI) at 63.1% of the portfolio, followed by Vanguard Tot World STK ETF (VT, 8.7%) and Schwab US DVD Equity ETF (SCHD, 4.6%). Compared with Q4 2025, it opened 3 new positions, sold out of 146, added to 456 and reduced 3. The biggest buy was VG Morningstar TS MKT ETF-US (VTI, shares +100%) and the biggest sale an exit from Apple (AAPL).
- Most Recent 13F
- Q2 2026
- Location
- TOKYO, M0
- CIK
- 0002062680
- Portfolio Value
- $49.2B (Q1 2026)
- SEC Filing
- 0000898432-26-000355 ↗ filed May 12, 2026
Holdings Value
Holdings 464 stocks · $49.2B
| VTI VG Morningstar TS MKT ETF-US | 63.14% | 94,959,476 | $31.1B | Add +100.0% |
| VT Vanguard Tot World STK ETF | 8.66% | 31,010,194 | $4.3B | Add +100.0% |
| SCHD Schwab US DVD Equity ETF | 4.58% | 83,184,068 | $2.3B | Add +100.0% |
| VXUS Vanguard Total Intl Stock | 4.48% | 30,141,800 | $2.2B | Add +100.0% |
| VOO Vanguard S&P 500 ETF | 2.15% | 1,734,018 | $1.1B | Add +100.0% |
| NVDA Nvidia Corp. | 1.42% | 4,240,392 | $700.4M | Add +12.9% |
| MSFT Microsoft Corp. | 0.91% | 1,242,866 | $446.1M | Add +12.2% |
| VYM Vanguard High DVD Yield ETF | 0.81% | 2,837,108 | $398.6M | Add +100.0% |
| GOOGL Alphabet Inc. Class A | 0.55% | 988,525 | $270.4M | Add +12.4% |
| AVGO Broadcom Inc. | 0.50% | 845,898 | $248.2M | Add +15.1% |
| GOOG Alphabet Inc. Class C | 0.46% | 819,907 | $223.9M | Add +12.7% |
| META Meta Platforms Inc. Class A | 0.42% | 387,315 | $207.7M | Add +12.7% |
| TSLA Tesla Inc. | 0.38% | 524,929 | $186.5M | Add +14.9% |
| SCHE Schwab Emrg Mrkts Eqty ETF | 0.30% | 4,491,206 | $149.2M | Add +100.0% |
| IVV iShares Core S&P 500 ETF | 0.28% | 208,574 | $139.1M | Add +100.0% |
| WMT Walmart Inc. | 0.24% | 939,304 | $116.0M | Add +62.8% |
| JPM JPMorgan Chase & Co. | 0.23% | 401,444 | $113.9M | Add +11.7% |
| XOM Exxon Mobil Corp. | 0.22% | 622,111 | $106.7M | Add +11.8% |
| LLY Eli Lilly & Co. | 0.21% | 118,160 | $104.8M | Add +12.6% |
| COST Costco Wholesale Corp. | 0.19% | 92,099 | $91.8M | Add +12.0% |
| JNJ Johnson & Johnson | 0.18% | 357,624 | $86.7M | Add +12.8% |
| USRT iShares Core US REIT ETF | 0.18% | 1,483,742 | $86.5M | Add +100.0% |
| MU Micron Technology Inc. | 0.17% | 266,096 | $85.6M | Add +15.8% |
| VWO Vanguard Ftse Emerging Marke | 0.17% | 1,537,256 | $82.9M | Add +100.0% |
| NFLX Netflix Inc. | 0.17% | 876,812 | $81.5M | Add +11.5% |
| V Visa Inc. Class A | 0.15% | 249,725 | $74.8M | Add +12.3% |
| VCIT Vanguard Int-Term Corporate | 0.14% | 791,934 | $66.6M | Add +100.0% |
| PLTR Palantir Technologies Inc. Class A | 0.13% | 474,397 | $65.3M | Add +12.0% |
| CSCO Cisco Systems Inc. | 0.13% | 819,740 | $63.2M | Add +12.0% |
| MA Mastercard Inc. Class A | 0.12% | 122,478 | $60.5M | Add +12.1% |
| CVX Chevron Corp. | 0.12% | 280,111 | $59.0M | Add +11.8% |
| LRCX Lam Research Corp. | 0.12% | 288,176 | $57.6M | Add +8.5% |
| ABBV Abbvie Inc. | 0.11% | 262,298 | $55.9M | Add +12.8% |
| PG The Procter & Gamble Co. | 0.10% | 345,541 | $50.0M | Add +12.3% |
| HD Home Depot Inc. | 0.10% | 147,744 | $47.8M | Add +12.8% |
| INTC Intel Corp. | 0.09% | 1,130,361 | $46.6M | Add +16.2% |
| CAT Caterpillar Inc. | 0.09% | 69,188 | $46.2M | Add +12.3% |
| VEA Vanguard Ftse Developed ETF | 0.09% | 768,550 | $45.9M | Add +100.0% |
| KO The Coca-Cola Co. | 0.09% | 585,299 | $44.6M | Add +12.9% |
| PEP Pepsico Inc. | 0.09% | 283,801 | $44.5M | Add +11.8% |
| KLAC KLA Corp. | 0.09% | 31,617 | $43.7M | Add +10.2% |
| MRK Merck & Co. Inc. | 0.09% | 368,357 | $43.5M | Add +12.5% |
| GE General Electric filed as GE AEROSPACE | 0.09% | 155,954 | $42.6M | Add +12.2% |
| IEMG iShares Core MSCI Emerging | 0.09% | 647,368 | $42.5M | Add +100.0% |
| TXN Texas Instruments Inc. | 0.08% | 220,016 | $41.0M | Add +10.8% |
| PM Philip Morris International | 0.08% | 231,025 | $38.1M | Add +12.8% |
| GS Goldman Sachs Group Inc. | 0.07% | 44,513 | $35.9M | Add +12.5% |
| WFC Wells Fargo & Co. | 0.07% | 461,294 | $35.4M | Add +11.0% |
| UNH Unitedhealth Group Inc. | 0.07% | 134,435 | $35.2M | Add +12.8% |
| ORCL Oracle Corp. | 0.07% | 253,204 | $35.1M | Add +13.8% |
| GILD Gilead Sciences Inc. | 0.07% | 257,471 | $35.1M | Add +11.8% |
| QCOM Qualcomm Inc. | 0.07% | 268,358 | $34.1M | Add +17.3% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.07% | 421,118 | $33.6M | Add +100.0% |
| ISRG Intuitive Surgical Inc. | 0.07% | 73,654 | $33.3M | Add +11.7% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.07% | 138,724 | $32.9M | Add +12.9% |
| GEV GE Vernova Inc. | 0.07% | 40,201 | $32.9M | Add +12.1% |
| MCD McDonald's Corp. | 0.07% | 105,691 | $32.6M | Add +12.7% |
| VZ Verizon Communications Inc. | 0.06% | 625,816 | $31.5M | Add +12.8% |
| T AT&T Inc. | 0.06% | 1,043,393 | $30.0M | Add +11.6% |
| HON Honeywell International Inc. | 0.06% | 131,778 | $29.4M | Add +11.9% |
| TMUS T-Mobile US Inc. | 0.06% | 136,888 | $29.3M | Add +9.8% |
| NEE Nextera Energy Inc. | 0.06% | 307,916 | $28.3M | Add +12.8% |
| MS Morgan Stanley | 0.06% | 177,759 | $28.2M | Add +12.2% |
| C Citigroup Inc. | 0.06% | 261,432 | $28.0M | Add +10.1% |
| TMO Thermo Fisher Scientific Inc. | 0.05% | 55,817 | $26.8M | Add +12.6% |
| PANW Palo Alto Networks Inc. | 0.05% | 168,316 | $26.0M | Add +32.2% |
| CRM Salesforce Inc. | 0.05% | 139,176 | $25.8M | Add +10.9% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.05% | 164,804 | $25.7M | Add +12.6% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.05% | 263,873 | $24.9M | Add +12.0% |
| INTU Intuit Inc. | 0.05% | 57,637 | $24.7M | Add +11.5% |
| COP Conocophillips | 0.05% | 182,354 | $24.2M | Add +11.8% |
| USHY iShares Broad Usd High Yield | 0.05% | 632,632 | $23.9M | Add +100.0% |
| AGG iShares Core U.S. Aggregate | 0.05% | 237,820 | $23.8M | Add +100.0% |
| PFE Pfizer Inc. | 0.05% | 843,816 | $23.4M | Add +12.8% |
| VRTX Vertex Pharmaceuticals Inc. | 0.05% | 52,690 | $23.4M | Add +11.7% |
| SCHW Schwab (charles) Corp. | 0.05% | 249,096 | $23.2M | Add +12.0% |
| CMCSA Comcast Corp. Class A | 0.04% | 746,855 | $21.6M | Add +10.4% |
| UNP Union Pacific Corp. | 0.04% | 88,054 | $21.1M | Add +12.8% |
| UBER Uber Technologies Inc. | 0.04% | 301,243 | $21.1M | Add +11.9% |
| APP AppLovin Corp. Class A | 0.04% | 56,349 | $21.0M | Add +11.5% |
| DE Deere & Co. | 0.04% | 37,655 | $20.9M | Add +12.9% |
| ADBE Adobe Inc. | 0.04% | 85,497 | $20.6M | Add +9.9% |
| SBUX Starbucks Corp. | 0.04% | 236,283 | $20.5M | Add +12.0% |
| CEG Constellation Energy | 0.04% | 67,454 | $20.1M | Add +16.4% |
| WELL Welltower Inc. | 0.04% | 102,983 | $20.1M | Add +15.0% |
| CRWD CrowdStrike Holdings Inc. Class A | 0.04% | 52,308 | $19.9M | Add +12.3% |
| USMV iShares MSCI USA Min Vol Fac | 0.04% | 205,766 | $19.5M | Add +100.0% |
| LOW Lowe's Cos Inc. | 0.04% | 83,251 | $19.4M | Add +12.8% |
| SPGI S&P Global Inc. | 0.04% | 45,611 | $19.0M | Add +11.6% |
| SLB SLB Ltd. filed as SLB LIMITED | 0.04% | 418,365 | $18.9M | Add +112.9% |
| HYLB Xtrackers Usd High Yield Cor | 0.04% | 489,766 | $18.2M | Add +100.0% |
| LMT Lockheed Martin Corp. | 0.04% | 30,337 | $18.2M | Add +12.1% |
| BMY Bristol-Myers Squibb Co. | 0.04% | 303,261 | $18.1M | Add +12.8% |
| XEL Xcel Energy Inc. | 0.04% | 234,389 | $18.0M | Add +113.6% |
| PLD Prologis Inc. | 0.04% | 137,921 | $17.8M | Add +12.9% |
| WDC Western Digital Corp. | 0.04% | 70,489 | $17.7M | Add +10.8% |
| PGR Progressive Corp. | 0.04% | 86,988 | $17.5M | Add +12.8% |
| DHR Danaher Corp. | 0.04% | 93,979 | $17.3M | Add +12.4% |
| NEM Newmont Corp. | 0.03% | 161,955 | $16.7M | Add +12.6% |
| MO Altria Group Inc. | 0.03% | 249,132 | $16.7M | Add +12.8% |
Portfolio Sells Q4 2025 → Q1 2026
| AAPL Apple Inc. | Sold out | 0.00% | −2.06 |
| AMZN Amazon.com Inc. | Sold out | 0.00% | −1.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Sold out | 0.00% | −0.37 |
| AMD Advanced Micro Devices | Sold out | 0.00% | −0.25 |
| BAC Bank of America Corp. | Sold out | 0.00% | −0.17 |
| AMAT Applied Materials Inc. | Sold out | 0.00% | −0.15 |
| AMGN Amgen Inc. | Sold out | 0.00% | −0.11 |
| BKNG Booking Holdings Inc. | Sold out | 0.00% | −0.11 |
| RTX RTX Corp. | Sold out | 0.00% | −0.11 |
| ADI Analog Devices Inc. | Sold out | 0.00% | −0.10 |
| ABT Abbott Laboratories | Sold out | 0.00% | −0.10 |
| AXP American Express Co. | Sold out | 0.00% | −0.09 |
| BA The Boeing Co. | Sold out | 0.00% | −0.08 |
| APH Amphenol Corp. Class A | Sold out | 0.00% | −0.07 |
| ADP Automatic Data Processing | Sold out | 0.00% | −0.07 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.06 |
| ADSK Autodesk Inc. | Sold out | 0.00% | −0.04 |
| AEP American Electric Power | Sold out | 0.00% | −0.04 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.04 |
| BNY Bank of New York Mellon Corp. | Sold out | 0.00% | −0.04 |
| ELV Elevance Health Inc. | Sold out | 0.00% | −0.03 |
| FTNT Fortinet Inc. | Sold out | 0.00% | −0.03 |
| TDG Transdigm Group Inc. | Sold out | 0.00% | −0.03 |
| MELI MercadoLibre Inc. | Sold out | 0.00% | −0.03 |
| ROP Roper Technologies Inc. | Sold out | 0.00% | −0.03 |
| TRV The Travelers Cos Inc. | Sold out | 0.00% | −0.03 |
| COR Cencora Inc. | Sold out | 0.00% | −0.03 |
| PWR Quanta Services Inc. | Sold out | 0.00% | −0.03 |
| AZO AutoZone Inc. | Sold out | 0.00% | −0.03 |
| BDX Becton Dickinson and Co. | Sold out | 0.00% | −0.02 |
| APD Air Products & Chemicals Inc. | Sold out | 0.00% | −0.02 |
| ALL Allstate Corp. | Sold out | 0.00% | −0.02 |
| AFL Aflac Inc. | Sold out | 0.00% | −0.02 |
| URI United Rentals Inc. | Sold out | 0.00% | −0.02 |
| EW Edwards Lifesciences Corp. | Sold out | 0.00% | −0.02 |
| AME Ametek Inc. | Sold out | 0.00% | −0.02 |
| AIG American International Group | Sold out | 0.00% | −0.02 |
| GWW WW Grainger Inc. | Sold out | 0.00% | −0.02 |
| TGT Target Corp. | Sold out | 0.00% | −0.02 |
| FICO Fair Isaac Corp. | Sold out | 0.00% | −0.02 |
| MLM Martin Marietta Materials | Sold out | 0.00% | −0.02 |
| FIX Comfort Systems USA Inc. | Sold out | 0.00% | −0.01 |
| MTD Mettler-Toledo International | Sold out | 0.00% | −0.01 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.01 |
| EME Emcor Group Inc. | Sold out | 0.00% | −0.01 |
| EXR Extra Space Storage Inc. | Sold out | 0.00% | −0.01 |
| AEE Ameren Corporation | Sold out | 0.00% | −0.01 |
| ATO Atmos Energy Corp. | Sold out | 0.00% | −0.01 |
| ULTA Ulta Beauty Inc. | Sold out | 0.00% | −0.01 |
| NTRS Northern Trust Corp. | Sold out | 0.00% | −0.01 |
Portfolio Buys Q4 2025 → Q1 2026
| VTI VG Morningstar TS MKT ETF-US | Add +100.0% | 63.14% | +10.84 |
| VT Vanguard Tot World STK ETF | Add +100.0% | 8.66% | +1.49 |
| SCHD Schwab US DVD Equity ETF | Add +100.0% | 4.58% | +0.79 |
| VXUS Vanguard Total Intl Stock | Add +100.0% | 4.48% | +0.77 |
| VOO Vanguard S&P 500 ETF | Add +100.0% | 2.15% | +0.37 |
| VYM Vanguard High DVD Yield ETF | Add +100.0% | 0.81% | +0.14 |
| SCHE Schwab Emrg Mrkts Eqty ETF | Add +100.0% | 0.30% | +0.05 |
| IVV iShares Core S&P 500 ETF | Add +100.0% | 0.28% | +0.05 |
| USRT iShares Core US REIT ETF | Add +100.0% | 0.18% | +0.03 |
| VWO Vanguard Ftse Emerging Marke | Add +100.0% | 0.17% | +0.03 |
| VCIT Vanguard Int-Term Corporate | Add +100.0% | 0.14% | +0.02 |
| VRT Vertiv Holdings Co. Class A | Add +263.2% | 0.03% | +0.02 |
| WMT Walmart Inc. | Add +62.8% | 0.24% | +0.02 |
| VEA Vanguard Ftse Developed ETF | Add +100.0% | 0.09% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +100.0% | 0.09% | +0.01 |
| LITE Lumentum Holdings Inc. | New | 0.01% | +0.01 |
| SLB SLB Ltd. | Add +112.9% | 0.04% | +0.01 |
| SNDK Sandisk Corp. | Add +117.1% | 0.02% | +0.01 |
| VCSH Vanguard S/T Corp. Bond ETF | Add +100.0% | 0.07% | +0.01 |
| CIEN Ciena Corp. | Add +249.9% | 0.02% | +0.01 |
| COHR Coherent Corp. | Add +208.6% | 0.02% | +0.01 |
| XEL Xcel Energy Inc. | Add +113.6% | 0.04% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +100.0% | 0.05% | +0.01 |
| USHY iShares Broad Usd High Yield | Add +100.0% | 0.05% | +0.01 |
| USMV iShares MSCI USA Min Vol Fac | Add +100.0% | 0.04% | +0.01 |
| HYLB Xtrackers Usd High Yield Cor | Add +100.0% | 0.04% | +0.01 |
| YUM Yum! Brands Inc. | Add +112.8% | 0.02% | +0.01 |
| SOXX iShares Semiconductor ETF | Add +100.0% | 0.03% | +0.01 |
| EFA iShares MSCI Eafe ETF | Add +100.0% | 0.03% | +0.01 |
| VCLT Vanguard Long-Term Corp. Bond | Add +100.0% | 0.03% | +0.00 |
| IAU iShares Gold Trust | Add +100.0% | 0.02% | +0.00 |
| Q Qnity Electronics Inc. | Add +113.7% | 0.01% | +0.00 |
| VNQ Vanguard Real Estate ETF | Add +100.0% | 0.02% | +0.00 |
| XYL Xylem Inc. | Add +112.9% | 0.02% | +0.00 |
| INSM Insmed Inc. | Add +114.3% | 0.01% | +0.00 |
| ECHO Echostar Corp. Class A | Add +240.2% | 0.00% | +0.00 |
| ZBH Zimmer Biomet Holdings Inc. | Add +112.8% | 0.01% | +0.00 |
| EEM iShares MSCI Emerging Market | Add +100.0% | 0.01% | +0.00 |
| IYR iShares US Real Estate ETF | Add +100.0% | 0.01% | +0.00 |
| GSG iShares S&P Gsci Commodity I | Add +100.0% | 0.01% | +0.00 |
| EFAV iShares MSCI Eafe Min Vol Fa | Add +100.0% | 0.01% | +0.00 |
| CDE Coeur Mining Inc. | New | 0.00% | +0.00 |
| ASTS Ast Spacemobile Inc. | New | 0.00% | +0.00 |
| DOW Dow Inc. | Add +13.6% | 0.01% | +0.00 |
| OXY Occidental Petroleum Corp. | Add +12.9% | 0.01% | +0.00 |
| HDV iShares Core High Dividend E | Add +100.0% | 0.01% | +0.00 |
| CF CF Industries Holdings Inc. | Add +11.4% | 0.01% | +0.00 |
| ZM Zoom Communications Inc. | Add +117.7% | 0.00% | +0.00 |
| APA Apa Corp. | Add +10.4% | 0.00% | +0.00 |
| IJH iShares Core S&P Midcap ETF | Add +100.0% | 0.00% | +0.00 |
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 |