Rational Advisors LLC
- SEC CIK
- 0001143565
- Latest filing
- Jul 24, 2026
Holdings in Q4 2023
Holdings as of Dec 31, 2023, filed Feb 14, 2024. Long positions only; changes compare share counts with Q3 2023.
- Positions
- 190
- −85 vs. Q3 2023
- Portfolio value
- $982.4M
- −$122.3M (−11.1%) vs. Q3 2023
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 1,013,829 | $100.6M | 10.2% | −74,691−6.9% | Reduced | – |
| Schwab US Aggregate Bond ETF808524839 | ETF | 2,155,481 | $100.5M | 10.2% | −156,659−6.8% | Reduced | – |
| Invesco QQQ Trust Series I46090E103 | ETF | 161,092 | $66.0M | 6.7% | −22,360−12.2% | Reduced | – |
| Alps ETF Tr00162Q452 | ALERIAN MLP | 1,460,334 | $62.1M | 6.3% | −228,416−13.5% | Reduced | – |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 357,204 | $60.9M | 6.2% | −32,656−8.4% | Reduced | – |
| iShares Core S&P 500 ETF464287200 | ETF | 119,506 | $57.1M | 5.8% | −5,415−4.3% | Reduced | – |
| J P Morgan Exchange Traded F46641Q332 | EQUITY PREMIUM | 980,560 | $53.9M | 5.5% | −59,710−5.7% | Reduced | – |
| WisdomTree Tr97717Y790 | US EFFIC CORE FD | 1,290,487 | $50.7M | 5.2% | +47,567+3.8% | Added | – |
| Global X FDS37954Y657 | US PFD ETF | 2,241,280 | $43.5M | 4.4% | +129,860+6.2% | Added | – |
| Dimensional ETF Trust25434V872 | CORE FIXE IN ETF | 908,769 | $38.5M | 3.9% | +210,109+30.1% | Added | – |
| Vanguard Intermediate-Term Corporate Bond ETF92206C870 | ETF | 407,983 | $33.2M | 3.4% | +112,693+38.2% | Added | – |
| Schwab U.S. REIT ETF808524847 | ETF | 1,395,547 | $28.9M | 2.9% | −409,003−22.7% | Reduced | – |
| Schwab U.S. Large-Cap ETF808524201 | ETF | 386,971 | $21.8M | 2.2% | −35,699−8.4% | Reduced | – |
| Fidelity MSCI Utilities Index ETF316092865 | ETF | 534,055 | $21.8M | 2.2% | −749,395−58.4% | Reduced | – |
| Vanguard S&P 500 ETF922908363 | ETF | 49,028 | $21.4M | 2.2% | −5,012−9.3% | Reduced | – |
| Invesco Exch Traded FD Tr II46138G805 | TAXABLE MUN BD | 621,605 | $16.7M | 1.7% | +179,635+40.6% | Added | – |
| iShares Tr464288588 | MBS ETF | 117,317 | $11.0M | 1.1% | +55,557+90.0% | Added | – |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 109,800 | $6.19M | 0.6% | +26,000+31.0% | Added | – |
| Nextera Energy Inc65339F713 | UNIT 09/01/2025 | 160,800 | $6.13M | 0.6% | +90,600+129.1% | Added | – |
| WFC.PLWells Fargo & Company | PERP PFD CNV A | 5,100 | $6.10M | 0.6% | +900+21.4% | Added | History |
| MELIMercadolibre Inc | COM | 3,690 | $5.80M | 0.6% | +830+29.0% | Added | History |
| Expedia Group, Inc.30212PBE4 | NOTE 2/1 | 6,125,000 | $5.79M | 0.6% | +760,000+14.2% | Added | – |
| Dexcom Inc252131AK3 | NOTE 0.250%11/1 | 5,530,000 | $5.77M | 0.6% | +1,390,000+33.6% | Added | – |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | 5,620,000 | $5.67M | 0.6% | +330,000+6.2% | Added | – |
| Splunk Inc848637AF1 | NOTE 1.125% 6/1 | 5,820,000 | $5.64M | 0.6% | 00.0% | Unchanged | – |
| iShares Tr46435U853 | BROAD USD HIGH | 150,586 | $5.47M | 0.6% | −337,704−69.2% | Reduced | – |
| Euronet Worldwide, Inc.298736AL3 | NOTE 0.750% 3/1 | 5,380,928 | $5.03M | 0.5% | 00.0% | Unchanged | – |
| Shopify Inc.82509LAA5 | NOTE 0.125%11/0 | 5,332,000 | $5.03M | 0.5% | +730,000+15.9% | Added | – |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | 6,090,000 | $4.88M | 0.5% | 00.0% | Unchanged | – |
| MSFTMicrosoft Corp | Stock | 12,898 | $4.85M | 0.5% | −1,935−13.0% | Reduced | History |
| BKNGBooking Holdings Inc. | Stock | 1,228 | $4.36M | 0.4% | +353+40.3% | Added | History |
| Alteryx, Inc.02156BAF0 | NOTE 1.000% 8/0 | 4,260,000 | $4.14M | 0.4% | 00.0% | Unchanged | – |
| Okta, Inc.679295AF2 | NOTE 0.375% 6/1 | 4,649,000 | $4.11M | 0.4% | 00.0% | Unchanged | – |
| AAPLApple Inc. | Stock | 20,613 | $3.97M | 0.4% | −3,378−14.1% | Reduced | History |
| LYVLive Nation Entertainment, Inc. | COM | 42,350 | $3.96M | 0.4% | +9,950+30.7% | Added | History |
| METAMeta Platforms, Inc. | Stock | 10,719 | $3.79M | 0.4% | −3,471−24.5% | Reduced | History |
| Cyberark Software Ltd23248VAB1 | NOTE 11/1 | 2,185,000 | $3.09M | 0.3% | −1,690,000−43.6% | Reduced | – |
| COSTCostco Wholesale Corp | Stock | 4,512 | $2.98M | 0.3% | +113+2.6% | Added | History |
| LULUlululemon athletica inc. | Stock | 5,810 | $2.97M | 0.3% | −700−10.8% | Reduced | History |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 41,220 | $2.90M | 0.3% | +5,373+15.0% | Added | – |
| KKRKKR & Co. Inc. | COM | 35,000 | $2.90M | 0.3% | −33,500−48.9% | Reduced | History |
| Ford MTR Co Del345370CZ1 | NOTE 3/1 | 2,800,000 | $2.79M | 0.3% | +2,800,000 | New | – |
| APOApollo Global Management, Inc. | COM | 29,700 | $2.77M | 0.3% | +13,000+77.8% | Added | History |
| VVisa Inc. | Stock | 10,538 | $2.74M | 0.3% | +2,384+29.2% | Added | History |
| NKENIKE, Inc. | Stock | 23,903 | $2.60M | 0.3% | −4,560−16.0% | Reduced | History |
| Biomarin Pharmaceutical Inc09061GAK7 | NOTE 1.250% 5/1 | 2,493,000 | $2.56M | 0.3% | +690,000+38.3% | Added | – |
| GOOGLAlphabet Inc. | Stock | 18,188 | $2.54M | 0.3% | −6,690−26.9% | Reduced | History |
| DKNGDraftKings Inc. | Stock | 72,000 | $2.54M | 0.3% | −17,500−19.6% | Reduced | History |
| UBERUber Technologies, Inc | Stock | 40,700 | $2.51M | 0.3% | −6,000−12.8% | Reduced | History |
| PROS Holdings, Inc.74346YAG8 | NOTE 2.250% 9/1 | 2,211,000 | $2.48M | 0.3% | −730,000−24.8% | Reduced | – |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | 3,020,000 | $2.42M | 0.2% | +870,000+40.5% | Added | – |
| Wix.com Ltd.92940WAD1 | NOTE 8/1 | 2,540,000 | $2.30M | 0.2% | +2,540,000 | New | – |
| BXBlackstone Inc. | COM | 17,000 | $2.23M | 0.2% | −1,000−5.6% | Reduced | History |
| TDGTransDigm Group INC | COM | 2,100 | $2.12M | 0.2% | +2,100 | New | History |
| TMUST-Mobile US, Inc. | Stock | 13,000 | $2.08M | 0.2% | +11,441+733.9% | Added | History |
| KBRKBR, Inc. | COM | 36,300 | $2.01M | 0.2% | +10,900+42.9% | Added | History |
| NETCloudflare, Inc. | CL A COM | 23,500 | $1.96M | 0.2% | +23,500 | New | History |
| iShares S&P 500 Value ETF464287408 | ETF | 11,156 | $1.94M | 0.2% | +11,156 | New | – |
| State Street SPDR Portfolio S&P 500 Value ETF78464A508 | ETF | 41,568 | $1.94M | 0.2% | +41,568 | New | – |
| Vanguard S&P 500 Value ETF921932703 | ETF | 11,538 | $1.94M | 0.2% | +11,538 | New | – |
| EQTEQT Corp | Stock | 49,000 | $1.89M | 0.2% | −25,100−33.9% | Reduced | History |
| Chegg, Inc163092AF6 | NOTE 9/0 | 2,057,000 | $1.71M | 0.2% | 00.0% | Unchanged | – |
| PXDPioneer Natural Resources Co | COM | 7,100 | $1.60M | 0.2% | −15,700−68.9% | Reduced | History |
| Southwest Airls Co844741BG2 | NOTE 1.250% 5/0 | 1,560,000 | $1.58M | 0.2% | 00.0% | Unchanged | – |
| Fidelity Covington Trust316092782 | VLU FACTOR ETF | 29,726 | $1.58M | 0.2% | +29,726 | New | – |
| ATIAti Inc | Stock | 33,300 | $1.51M | 0.2% | +18,900+131.3% | Added | History |
| MRKMerck & Co., Inc. | Stock | 11,500 | $1.25M | 0.1% | +11,500 | New | History |
| DDOGDatadog, Inc. | CL A COM | 8,800 | $1.07M | 0.1% | +8,800 | New | History |
| AVGOBroadcom Inc. | Stock | 941 | $1.05M | 0.1% | +117+14.2% | Added | History |
| iShares Tr464287457 | 1 3 YR TREAS BD | 12,300 | $1.01M | 0.1% | −33,564−73.2% | Reduced | – |
| NVDANVIDIA Corp | Stock | 1,996 | $988.5K | 0.1% | −1,017−33.8% | Reduced | History |
| Vanguard Information Technology ETF92204A702 | ETF | 1,984 | $960.3K | 0.1% | +1,984 | New | – |
| iShares Tr464287721 | U.S. TECH ETF | 7,809 | $958.6K | 0.1% | +7,809 | New | – |
| Fidelity MSCI Information Technology Index ETF316092808 | ETF | 6,673 | $958.5K | 0.1% | +6,673 | New | – |
| State Street Technology Select Sector SPDR ETF81369Y803 | ETF | 4,948 | $952.4K | 0.1% | −7,265−59.5% | Reduced | – |
| iShares S&P 100 ETF464287101 | ETF | 3,480 | $777.4K | 0.1% | −6,594−65.5% | Reduced | – |
| GOOGAlphabet Inc. | Stock | 5,453 | $768.5K | 0.1% | +1,181+27.6% | Added | History |
| CSCOCisco Systems, Inc. | Stock | 15,207 | $768.3K | 0.1% | +8+0.1% | Added | History |
| NTNXNutanix, Inc. | Stock | 15,400 | $734.4K | 0.1% | −11,800−43.4% | Reduced | History |
| MANUManchester United plc | ORD CL A | 34,500 | $703.1K | 0.1% | +34,500 | New | History |
| ORLYO Reilly Automotive Inc | Stock | 710 | $674.6K | 0.1% | +521+275.7% | Added | History |
| PetIQ, Inc.71639TAB2 | NOTE 4.000% 6/0 | 635,000 | $640.6K | 0.1% | 00.0% | Unchanged | – |
| MOAltria Group, Inc. | Stock | 15,669 | $632.1K | 0.1% | +15,669 | New | History |
| iShares Core S&P US Value ETF464287663 | ETF | 6,535 | $551.1K | 0.1% | +6,535 | New | – |
| AMATApplied Materials Inc | Stock | 3,303 | $535.3K | 0.1% | +3,303 | New | History |
| LRCXLam Research Corp | COM | 676 | $529.5K | 0.1% | +676 | New | History |
| IBMInternational Business Machines Corp | Stock | 3,193 | $522.2K | 0.1% | +1,446+82.8% | Added | History |
| GILDGilead Sciences, Inc. | Stock | 6,332 | $513.0K | 0.1% | +3,075+94.4% | Added | History |
| MCDMcDonalds Corp | Stock | 1,716 | $508.8K | 0.1% | +1,164+210.9% | Added | History |
| TSLATesla, Inc. | Stock | 1,978 | $491.5K | 0.1% | −8,212−80.6% | Reduced | History |
| DPZDominos Pizza Inc | COM | 1,000 | $412.2K | <0.1% | +1,000 | New | History |
| JPMJPMorgan Chase & Co | Stock | 2,284 | $388.5K | <0.1% | −3,598−61.2% | Reduced | History |
| EBAYeBay Inc | COM | 8,661 | $377.8K | <0.1% | +8,661 | New | History |
| VanEck Semiconductor ETF92189F676 | ETF | 2,146 | $375.3K | <0.1% | −11,540−84.3% | Reduced | – |
| LOWLowes Companies Inc | Stock | 1,588 | $353.4K | <0.1% | +1,588 | New | History |
| PCARPaccar Inc | COM | 2,691 | $262.8K | <0.1% | +541+25.2% | Added | History |
| iShares Tr464287440 | 7-10 YR TRSY BD | 2,460 | $237.1K | <0.1% | +2,334+1,852.4% | Added | – |
| CRMSalesforce, Inc. | Stock | 759 | $199.7K | <0.1% | −1,224−61.7% | Reduced | History |
| iShares Trust iShares 0-1 Year Treasury Bond ETF464288679 | ETF | 1,762 | $194.0K | <0.1% | +1,762 | New | – |
| WMTWalmart Inc. | Stock | 1,142 | $180.0K | <0.1% | −1,578−58.0% | Reduced | History |
Sold out since Q3 2023 (109)
Positions held at the end of Q3 2023 that are gone from this filing.
The largest 100 of 109 by value last quarter.
| Security | Class | Shares in Q3 2023 | Value in Q3 2023 | % of portfolio in Q3 2023 | History |
|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF921937835 | ETF | 1,468,730 | $102.5M | 9.3% | – |
| AMZNAmazon Com Inc | Stock | 55,742 | $7.09M | 0.6% | History |
| Bank of Amer Corp060505682 | 7.25%CNV PFD L | 4,448 | $4.95M | 0.4% | – |
| Ares Capital Corp04010LAW3 | NOTE 4.625% 3/0 | 4,700,000 | $4.77M | 0.4% | – |
| RBC Bearings INC75524B203 | 5% CNV PFD SR A | 29,200 | $3.22M | 0.3% | – |
| Datadog, Inc.23804LAB9 | NOTE 0.125% 6/1 | 1,800,000 | $2.11M | 0.2% | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 4,729 | $2.02M | 0.2% | History |
| Vanguard Morningstar Growth ETF922908736 | ETF | 7,379 | $2.01M | 0.2% | – |
| LLYEli Lilly & Co | Stock | 3,400 | $1.83M | 0.2% | History |
| BRK.BBerkshire Hathaway Inc | Stock | 3,838 | $1.34M | 0.1% | History |
| State Street Consumer Staples Select Sector SPDR ETF81369Y308 | ETF | 19,455 | $1.34M | 0.1% | – |
| BSXBoston Scientific Corp | Stock | 24,904 | $1.32M | 0.1% | History |
| TWTradeweb Markets Inc. | Stock | 11,500 | $922.3K | 0.1% | History |
| Splunk Inc848637AD6 | NOTE 1.125% 9/1 | 690,000 | $741.4K | 0.1% | – |
| SPOTSpotify Technology S.A. | Stock | 2,600 | $402.1K | <0.1% | History |
| BACBank of America Corp | Stock | 13,993 | $383.1K | <0.1% | History |
| TXNTexas Instruments Inc | Stock | 2,055 | $326.8K | <0.1% | History |
| JNJJohnson & Johnson | Stock | 2,091 | $325.7K | <0.1% | History |
| PEPPepsiCo Inc | Stock | 1,920 | $325.3K | <0.1% | History |
| AMGNAmgen Inc | Stock | 1,098 | $289.9K | <0.1% | History |
| SBUXStarbucks Corp | Stock | 2,859 | $260.9K | <0.1% | History |
| ADPAutomatic Data Processing Inc | Stock | 1,079 | $259.6K | <0.1% | History |
| KLACKLA Corp | COM NEW | 537 | $246.3K | <0.1% | History |
| VRTXVertex Pharmaceuticals Inc | Stock | 641 | $222.9K | <0.1% | History |
| BABoeing Co | Stock | 1,108 | $212.4K | <0.1% | History |
| KHCKraft Heinz Co | Stock | 4,627 | $155.7K | <0.1% | History |
| AMDAdvanced Micro Devices Inc | Stock | 1,446 | $148.7K | <0.1% | History |
| BDXBecton Dickinson & Co | Stock | 559 | $144.5K | <0.1% | History |
| WBAWalgreens Boots Alliance, Inc. | COM | 5,981 | $133.0K | <0.1% | History |
| RIVNRivian Automotive, Inc. | Stock | 5,000 | $121.4K | <0.1% | History |
| AEPAmerican Electric Power Co Inc | Stock | 1,455 | $109.4K | <0.1% | History |
| XUnited States Steel Corp | COM | 1,994 | $64.8K | <0.1% | History |
| APDAir Products & Chemicals, Inc. | Stock | 181 | $51.3K | <0.1% | History |
| AWKAmerican Water Works Company, Inc. | Stock | 360 | $45.6K | <0.1% | History |
| BKRBaker Hughes Co | CL A | 1,250 | $44.1K | <0.1% | History |
| STAGSTAG Industrial, Inc. | COM | 1,204 | $41.5K | <0.1% | History |
| AREAlexandria Real Estate Equities, Inc. | COM | 369 | $36.9K | <0.1% | History |
| ORCLOracle Corp | Stock | 290 | $34.5K | <0.1% | History |
| UNHUnitedHealth Group Inc | Stock | 56 | $26.9K | <0.1% | History |
| MAMastercard Inc | Stock | 68 | $26.7K | <0.1% | History |
| ULUnilever PLC | SPON ADR NEW | 476 | $24.8K | <0.1% | History |
| NOWServiceNow, Inc. | Stock | 44 | $24.7K | <0.1% | History |
| CICigna Group | Stock | 72 | $20.2K | <0.1% | History |
| INTUIntuit Inc. | Stock | 44 | $20.2K | <0.1% | History |
| FSLRFirst Solar, Inc. | Stock | 104 | $19.8K | <0.1% | History |
| PFEPfizer Inc | Stock | 460 | $16.9K | <0.1% | History |
| IQVIQVIA Holdings Inc. | Stock | 66 | $14.8K | <0.1% | History |
| JCIJohnson Controls International plc | Stock | 216 | $14.7K | <0.1% | History |
| MRNAModerna, Inc. | Stock | 118 | $14.3K | <0.1% | History |
| ARRYArray Technologies, Inc. | COM SHS | 618 | $14.0K | <0.1% | History |
| EWEdwards Lifesciences Corp | Stock | 140 | $13.2K | <0.1% | History |
| ADSKAutodesk, Inc. | COM | 64 | $13.1K | <0.1% | History |
| ENSEnerSys | COM | 112 | $12.2K | <0.1% | History |
| CSIQCanadian Solar Inc. | COM | 296 | $11.5K | <0.1% | History |
| CTASCintas Corp | Stock | 22 | $10.9K | <0.1% | History |
| PCTPureCycle Technologies, Inc. | COM | 1,016 | $10.9K | <0.1% | History |
| ITGartner Inc | COM | 30 | $10.5K | <0.1% | History |
| SHLSShoals Technologies Group, Inc. | CL A | 408 | $10.4K | <0.1% | History |
| ENPHEnphase Energy, Inc. | Stock | 60 | $10.0K | <0.1% | History |
| CWSTCasella Waste Systems Inc | CL A | 108 | $9.77K | <0.1% | History |
| SEDGSolaredge Technologies, Inc. | COM | 36 | $9.69K | <0.1% | History |
| ORAOrmat Technologies, Inc. | COM | 116 | $9.33K | <0.1% | History |
| INGRIngredion Inc | COM | 88 | $9.32K | <0.1% | History |
| XYLXylem Inc. | COM | 76 | $8.56K | <0.1% | History |
| Freyr BatteryL4135L100 | COM | 910 | $8.51K | <0.1% | – |
| FLNCFluence Energy, Inc. | COM CL A | 318 | $8.47K | <0.1% | History |
| WTSWatts Water Technologies Inc | CL A | 46 | $8.45K | <0.1% | History |
| WSTWest Pharmaceutical Services Inc | COM | 22 | $8.41K | <0.1% | History |
| BEPCBrookfield Renewable Corp | CL A SUB VTG | 262 | $8.26K | <0.1% | History |
| MKCMcCormick & Co Inc | Stock | 90 | $7.85K | <0.1% | History |
| KEYSKeysight Technologies, Inc. | Stock | 46 | $7.70K | <0.1% | History |
| BEBloom Energy Corp | COM CL A | 458 | $7.49K | <0.1% | History |
| CWENClearway Energy, Inc. | CL C | 262 | $7.48K | <0.1% | History |
| NTAPNetApp, Inc. | Stock | 94 | $7.18K | <0.1% | History |
| SRCLStericycle Inc | COM | 152 | $7.06K | <0.1% | History |
| WATWaters Corp | COM | 26 | $6.93K | <0.1% | History |
| NOVASunnova Energy International Inc. | COM | 374 | $6.85K | <0.1% | History |
| MANManpowerGroup Inc. | COM | 86 | $6.83K | <0.1% | History |
| Maxeon Solar Technologies LTY58473102 | SHS | 242 | $6.82K | <0.1% | – |
| CWTCalifornia Water Service Group | COM | 130 | $6.71K | <0.1% | History |
| MNTKMontauk Renewables, Inc. | COM | 902 | $6.71K | <0.1% | History |
| XIFRXPLR Infrastructure, LP | COM UNIT PART IN | 114 | $6.68K | <0.1% | History |
| CBRECbre Group, Inc. | CL A | 82 | $6.62K | <0.1% | History |
| AMRCAmeresco, Inc. | CL A | 128 | $6.22K | <0.1% | History |
| RUNSunrun Inc. | COM | 276 | $4.93K | <0.1% | History |
| MSCIMSCI Inc. | Stock | 10 | $4.69K | <0.1% | History |
| BAXBaxter International Inc | Stock | 102 | $4.65K | <0.1% | History |
| CHPTChargePoint Holdings, Inc. | COM CL A | 518 | $4.55K | <0.1% | History |
| HASIHA Sustainable Infrastructure Capital, Inc. | COM | 180 | $4.50K | <0.1% | History |
| Sunpower Corp867652406 | COM | 456 | $4.47K | <0.1% | – |
| BEAMBeam Therapeutics Inc. | COM | 126 | $4.02K | <0.1% | History |
| HCCIHeritage-Crystal Clean, Inc. | COM | 98 | $3.70K | <0.1% | History |
| FCELFuelcell Energy Inc | COM | 1,696 | $3.66K | <0.1% | History |
| PLUGPlug Power Inc | Stock | 348 | $3.62K | <0.1% | History |
| FSRFisker Inc. | CL A COM STK | 590 | $3.33K | <0.1% | History |
| BLDPBallard Power Systems Inc. | COM | 748 | $3.26K | <0.1% | History |
| Aris Water Solutions, Inc.04041L106 | CLASS A COM | 254 | $2.62K | <0.1% | – |
| GWRSGlobal Water Resources, Inc. | COM | 188 | $2.38K | <0.1% | History |
| TPICQTpi Composites, Inc | COM | 218 | $2.26K | <0.1% | History |
| BLNKBlink Charging Co. | COM | 370 | $2.22K | <0.1% | History |