Rational Advisors LLC
- SEC CIK
- 0001143565
- Latest filing
- Jul 24, 2026
Holdings in Q3 2023
Holdings as of Sep 30, 2023, filed Nov 9, 2023. Long positions only; changes compare share counts with Q2 2023.
- Positions
- 275
- +8 vs. Q2 2023
- Portfolio value
- $1.10B
- −$103.3M (−8.6%) vs. Q2 2023
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| NVDANVIDIA Corp | Stock | 3,013 | $1.31M | 0.1% | +1,812+150.9% | Added | History |
| BSXBoston Scientific Corp | Stock | 24,904 | $1.32M | 0.1% | −4,191−14.4% | Reduced | History |
| State Street Consumer Staples Select Sector SPDR ETF81369Y308 | ETF | 19,455 | $1.34M | 0.1% | +4,559+30.6% | Added | – |
| BRK.BBerkshire Hathaway Inc | Stock | 3,838 | $1.34M | 0.1% | −1,247−24.5% | Reduced | History |
| KBRKBR, Inc. | COM | 25,400 | $1.50M | 0.1% | −6,400−20.1% | Reduced | History |
| APOApollo Global Management, Inc. | COM | 16,700 | $1.50M | 0.1% | +4,424+36.0% | Added | History |
| Southwest Airls Co844741BG2 | NOTE 1.250% 5/0 | 1,560,000 | $1.55M | 0.1% | −1,710,000−52.3% | Reduced | – |
| Chegg, Inc163092AF6 | NOTE 9/0 | 2,057,000 | $1.61M | 0.1% | 00.0% | Unchanged | – |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | 2,150,000 | $1.63M | 0.1% | +2,150,000 | New | – |
| Biomarin Pharmaceutical Inc09061GAK7 | NOTE 1.250% 5/1 | 1,803,000 | $1.79M | 0.2% | +1,300,000+258.4% | Added | – |
| LLYEli Lilly & Co | Stock | 3,400 | $1.83M | 0.2% | −1,000−22.7% | Reduced | History |
| VVisa Inc. | Stock | 8,154 | $1.88M | 0.2% | +788+10.7% | Added | History |
| BXBlackstone Inc. | COM | 18,000 | $1.93M | 0.2% | −50,385−73.7% | Reduced | History |
| VanEck Semiconductor ETF92189F676 | ETF | 13,686 | $1.98M | 0.2% | −3,944−22.4% | Reduced | – |
| State Street Technology Select Sector SPDR ETF81369Y803 | ETF | 12,213 | $2.00M | 0.2% | +2,605+27.1% | Added | – |
| Vanguard Morningstar Growth ETF922908736 | ETF | 7,379 | $2.01M | 0.2% | −2,396−24.5% | Reduced | – |
| iShares S&P 100 ETF464287101 | ETF | 10,074 | $2.02M | 0.2% | −3,395−25.2% | Reduced | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 4,729 | $2.02M | 0.2% | −1,476−23.8% | Reduced | History |
| Datadog, Inc.23804LAB9 | NOTE 0.125% 6/1 | 1,800,000 | $2.11M | 0.2% | +1,800,000 | New | – |
| UBERUber Technologies, Inc | Stock | 46,700 | $2.15M | 0.2% | +46,700 | New | History |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 35,847 | $2.31M | 0.2% | −312,471−89.7% | Reduced | – |
| COSTCostco Wholesale Corp | Stock | 4,399 | $2.49M | 0.2% | −550−11.1% | Reduced | History |
| LULUlululemon athletica inc. | Stock | 6,510 | $2.51M | 0.2% | +560+9.4% | Added | History |
| TSLATesla, Inc. | Stock | 10,190 | $2.55M | 0.2% | +9,144+874.2% | Added | History |
| DKNGDraftKings Inc. | Stock | 89,500 | $2.63M | 0.2% | +76,000+563.0% | Added | History |
| Nextera Energy Inc65339F713 | UNIT 09/01/2025 | 70,200 | $2.66M | 0.2% | +70,200 | New | – |
| LYVLive Nation Entertainment, Inc. | COM | 32,400 | $2.69M | 0.2% | +13,200+68.8% | Added | History |
| BKNGBooking Holdings Inc. | Stock | 875 | $2.70M | 0.2% | +64+7.9% | Added | History |
| NKENIKE, Inc. | Stock | 28,463 | $2.72M | 0.2% | +4,118+16.9% | Added | History |
| EQTEQT Corp | Stock | 74,100 | $3.01M | 0.3% | +74,100 | New | History |
| PROS Holdings, Inc.74346YAG8 | NOTE 2.250% 9/1 | 2,941,000 | $3.09M | 0.3% | +2,941,000 | New | – |
| RBC Bearings INC75524B203 | 5% CNV PFD SR A | 29,200 | $3.22M | 0.3% | −3,300−10.2% | Reduced | – |
| GOOGLAlphabet Inc. | Stock | 24,878 | $3.26M | 0.3% | −3,129−11.2% | Reduced | History |
| MELIMercadolibre Inc | COM | 2,860 | $3.63M | 0.3% | +1,200+72.3% | Added | History |
| iShares Tr464287457 | 1 3 YR TREAS BD | 45,864 | $3.71M | 0.3% | +22,110+93.1% | Added | – |
| Alteryx, Inc.02156BAF0 | NOTE 1.000% 8/0 | 4,260,000 | $3.75M | 0.3% | 00.0% | Unchanged | – |
| Dexcom Inc252131AK3 | NOTE 0.250%11/1 | 4,140,000 | $3.90M | 0.4% | +170,000+4.3% | Added | – |
| Okta, Inc.679295AF2 | NOTE 0.375% 6/1 | 4,649,000 | $4.05M | 0.4% | +1,730,000+59.3% | Added | – |
| Shopify Inc.82509LAA5 | NOTE 0.125%11/0 | 4,602,000 | $4.10M | 0.4% | +1,800,000+64.2% | Added | – |
| AAPLApple Inc. | Stock | 23,991 | $4.11M | 0.4% | +6,383+36.3% | Added | History |
| KKRKKR & Co. Inc. | COM | 68,500 | $4.22M | 0.4% | −12,200−15.1% | Reduced | History |
| METAMeta Platforms, Inc. | Stock | 14,190 | $4.26M | 0.4% | −296−2.0% | Reduced | History |
| Cyberark Software Ltd23248VAB1 | NOTE 11/1 | 3,875,000 | $4.47M | 0.4% | +1,020,000+35.7% | Added | – |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | 6,090,000 | $4.60M | 0.4% | +2,160,000+55.0% | Added | – |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 83,800 | $4.62M | 0.4% | +83,800 | New | – |
| Expedia Group, Inc.30212PBE4 | NOTE 2/1 | 5,365,000 | $4.66M | 0.4% | +1,500,000+38.8% | Added | – |
| WFC.PLWells Fargo & Company | PERP PFD CNV A | 4,200 | $4.68M | 0.4% | +2,900+223.1% | Added | History |
| MSFTMicrosoft Corp | Stock | 14,833 | $4.69M | 0.4% | +932+6.7% | Added | History |
| Western Digital Corp958102AP0 | NOTE 1.500% 2/0 | 4,833,080 | $4.75M | 0.4% | +1,710,000+54.8% | Added | – |
| Ares Capital Corp04010LAW3 | NOTE 4.625% 3/0 | 4,700,000 | $4.77M | 0.4% | +1,000,000+27.0% | Added | – |
| Euronet Worldwide, Inc.298736AL3 | NOTE 0.750% 3/1 | 5,380,928 | $4.94M | 0.4% | +2,140,000+66.0% | Added | – |
| Bank of Amer Corp060505682 | 7.25%CNV PFD L | 4,448 | $4.95M | 0.4% | +700+18.7% | Added | – |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | 5,290,000 | $5.11M | 0.5% | +1,380,000+35.3% | Added | – |
| PXDPioneer Natural Resources Co | COM | 22,800 | $5.23M | 0.5% | +10,800+90.0% | Added | History |
| iShares Tr464288588 | MBS ETF | 61,760 | $5.48M | 0.5% | −1,753−2.8% | Reduced | – |
| Splunk Inc848637AF1 | NOTE 1.125% 6/1 | 5,820,000 | $5.49M | 0.5% | +1,470,000+33.8% | Added | – |
| AMZNAmazon Com Inc | Stock | 55,742 | $7.09M | 0.6% | +19,707+54.7% | Added | History |
| Invesco Exch Traded FD Tr II46138G805 | TAXABLE MUN BD | 441,970 | $11.2M | 1.0% | −16,891−3.7% | Reduced | – |
| iShares Tr46435U853 | BROAD USD HIGH | 488,290 | $16.9M | 1.5% | −38,167−7.2% | Reduced | – |
| Vanguard S&P 500 ETF922908363 | ETF | 54,040 | $21.2M | 1.9% | −7,421−12.1% | Reduced | – |
| Schwab U.S. Large-Cap ETF808524201 | ETF | 422,670 | $21.4M | 1.9% | −60,771−12.6% | Reduced | – |
| Vanguard Intermediate-Term Corporate Bond ETF92206C870 | ETF | 295,290 | $22.4M | 2.0% | −14,031−4.5% | Reduced | – |
| Dimensional ETF Trust25434V872 | CORE FIXE IN ETF | 698,660 | $28.2M | 2.6% | −30,593−4.2% | Reduced | – |
| Schwab U.S. REIT ETF808524847 | ETF | 1,804,550 | $32.0M | 2.9% | −157,863−8.0% | Reduced | – |
| Global X FDS37954Y657 | US PFD ETF | 2,111,420 | $39.7M | 3.6% | −115,241−5.2% | Reduced | – |
| WisdomTree Tr97717Y790 | US EFFIC CORE FD | 1,242,920 | $43.5M | 3.9% | −139,785−10.1% | Reduced | – |
| Fidelity MSCI Utilities Index ETF316092865 | ETF | 1,283,450 | $48.7M | 4.4% | −322,535−20.1% | Reduced | – |
| iShares Core S&P 500 ETF464287200 | ETF | 124,921 | $53.6M | 4.9% | +20,764+19.9% | Added | – |
| J P Morgan Exchange Traded F46641Q332 | EQUITY PREMIUM | 1,040,270 | $55.7M | 5.0% | +20,137+2.0% | Added | – |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 389,860 | $60.6M | 5.5% | −9,593−2.4% | Reduced | – |
| Invesco QQQ Trust Series I46090E103 | ETF | 183,452 | $65.7M | 5.9% | −24,752−11.9% | Reduced | – |
| Alps ETF Tr00162Q452 | ALERIAN MLP | 1,688,750 | $71.3M | 6.5% | −273,663−13.9% | Reduced | – |
| Schwab US Aggregate Bond ETF808524839 | ETF | 2,312,140 | $102.3M | 9.3% | −92,737−3.9% | Reduced | – |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 1,088,520 | $102.4M | 9.3% | −44,273−3.9% | Reduced | – |
| Vanguard Total Bond Market ETF921937835 | ETF | 1,468,730 | $102.5M | 9.3% | −59,415−3.9% | Reduced | – |
Sold out since Q2 2023 (40)
Positions held at the end of Q2 2023 that are gone from this filing.
| Security | Class | Shares in Q2 2023 | Value in Q2 2023 | % of portfolio in Q2 2023 | History |
|---|---|---|---|---|---|
| Nextera Energy Inc65339F739 | UNIT 99/99/9999 | 87,400 | $4.29M | 0.4% | – |
| American Elec PWR Co Inc02557T307 | UNIT 08/15/2025 | 76,300 | $3.79M | 0.3% | – |
| Nisource Inc.65473P121 | UNIT 12/01/2023 | 35,800 | $3.66M | 0.3% | – |
| PROS Holdings, Inc.74346YAH6 | NOTE 1.000% 5/1 | 2,440,000 | $2.31M | 0.2% | – |
| PANWPalo Alto Networks Inc | Stock | 8,400 | $2.15M | 0.2% | History |
| TMOThermo Fisher Scientific Inc. | Stock | 3,570 | $1.86M | 0.2% | History |
| ONOn Semiconductor Corp | Stock | 19,200 | $1.82M | 0.2% | History |
| DECKDeckers Outdoor Corp | COM | 3,350 | $1.77M | 0.1% | History |
| BRK.ABerkshire Hathaway Inc | CL A | 3 | $1.55M | 0.1% | History |
| HSYHershey Co | COM | 6,025 | $1.50M | 0.1% | History |
| Insulet Corp45784PAK7 | NOTE 0.375% 9/0 | 1,070,000 | $1.47M | 0.1% | – |
| Booking Holdings Inc.09857LAN8 | NOTE 0.750% 5/0 | 550,000 | $824.3K | 0.1% | – |
| PYPLPayPal Holdings, Inc. | Stock | 3,884 | $259.2K | <0.1% | History |
| DBCInvesco DB Commodity Index Tracking Fund | UNIT | 2,983 | $67.7K | <0.1% | History |
| ENLCEnLink Midstream, LLC | COM UNIT REP LTD | 6,370 | $67.5K | <0.1% | History |
| Kraneshares Trust500767678 | GLOBAL CARB STRA | 1,767 | $67.0K | <0.1% | – |
| Abrdn ETFs003261104 | BBRG ALL COMD K1 | 3,206 | $64.6K | <0.1% | – |
| Invesco Actvely MNGD Etc FD46090F100 | OPTIMUM YIELD | 4,746 | $64.6K | <0.1% | – |
| Direxion Shs ETF Tr25460E307 | AUSPCE CMD STG | 2,178 | $64.1K | <0.1% | – |
| AMAntero Midstream Corp | Stock | 4,741 | $55.0K | <0.1% | History |
| PGRProgressive Corp | Stock | 398 | $52.7K | <0.1% | History |
| MKLMarkel Group Inc. | COM | 37 | $51.2K | <0.1% | History |
| Graniteshares ETF Tr38747R108 | BBG COMMD K 1 | 2,426 | $50.1K | <0.1% | – |
| WPMWheaton Precious Metals Corp. | COM | 1,154 | $49.9K | <0.1% | History |
| iShares U.S. ETF Trust iShares Gsci Commodity Dynamic Roll Strategy ETF46431W853 | ETF | 1,884 | $48.9K | <0.1% | – |
| FNVFranco Nevada Corp | Stock | 342 | $48.8K | <0.1% | History |
| TRVTravelers Companies, Inc. | Stock | 275 | $47.8K | <0.1% | History |
| AEMAgnico Eagle Mines Ltd | Stock | 884 | $44.2K | <0.1% | History |
| HLHecla Mining Co | COM | 8,491 | $43.7K | <0.1% | History |
| BVNBuenaventura Mining Co Inc | SPONSORED ADR | 5,633 | $41.4K | <0.1% | History |
| Barrick Gold Corp067901108 | COM | 2,403 | $40.7K | <0.1% | – |
| ALLAllstate Corp | Stock | 362 | $39.5K | <0.1% | History |
| SSRMSSR Mining Inc. | Stock | 2,719 | $38.6K | <0.1% | History |
| CLFCleveland-Cliffs Inc. | COM | 2,299 | $38.5K | <0.1% | History |
| NEMNEWMONT Corp | Stock | 789 | $33.7K | <0.1% | History |
| PAASPan American Silver Corp | Stock | 1,950 | $28.4K | <0.1% | History |
| ABBVAbbVie Inc. | Stock | 188 | $25.3K | <0.1% | History |
| Paramount Global92556H206 | CL B | 1,435 | $22.8K | <0.1% | – |
| AGFirst Majestic Silver Corp | COM | 4,040 | $22.8K | <0.1% | History |
| AMTXAemetis, Inc | COM NEW | 278 | $2.04K | <0.1% | History |