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Rational Advisors LLC

SEC CIK
0001143565
Latest filing
Jul 24, 2026

Holdings in Q1 2024

Holdings as of Mar 31, 2024, filed Apr 23, 2024. Long positions only; changes compare share counts with Q4 2023.

Institution overview
Positions
208
+18 vs. Q4 2023
Portfolio value
$1.08B
+$96.2M (+9.8%) vs. Q4 2023
Filed
Apr 23, 2024
SEC
Holdings of Rational Advisors LLC in Q1 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard Total Bond Market ETF921937835ETF1,313,739$95.4M8.8%+1,313,739New–
iShares Core U.S. Aggregate Bond ETF464287226ETF973,864$95.4M8.8%−39,965−3.9%Reduced–
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF3,771,284$95.3M8.8%+3,771,284New–
Alps ETF Tr00162Q452ALERIAN MLP1,370,926$65.1M6.0%−89,408−6.1%Reduced–
Invesco Nasdaq 100 ETF46138G649ETF336,613$61.5M5.7%+336,613New–
Vanguard Dividend Appreciation ETF921908844ETF320,269$58.5M5.4%−36,935−10.3%Reduced–
iShares Core S&P 500 ETF464287200ETF109,601$57.6M5.3%−9,905−8.3%Reduced–
WisdomTree Tr97717Y790US EFFIC CORE FD1,256,568$53.1M4.9%−33,919−2.6%Reduced–
J P Morgan Exchange Traded F46641Q332EQUITY PREMIUM823,543$47.7M4.4%−157,017−16.0%Reduced–
Schwab U.S. REIT ETF808524847ETF2,081,886$42.3M3.9%+686,339+49.2%Added–
DBX ETF Tr233051432XTRACK USD HIGH1,027,792$36.7M3.4%+1,027,792New–
Global X FDS37954Y657US PFD ETF1,550,666$31.3M2.9%−690,614−30.8%Reduced–
Dimensional ETF Trust25434V872CORE FIXE IN ETF624,190$26.2M2.4%−284,579−31.3%Reduced–
State Street SPDR Portfolio S&P 500 ETF78464A854ETF339,880$20.9M1.9%+339,880New–
iShares Tr464288588MBS ETF225,492$20.8M1.9%+108,175+92.2%Added–
Vanguard S&P 500 ETF922908363ETF42,485$20.4M1.9%−6,543−13.3%Reduced–
Schwab Strategic Tr8085246985 10YR CORP BD352,947$15.7M1.5%+352,947New–
AMZNAmazon Com IncStock69,967$12.6M1.2%+69,967NewHistory
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD392,160$10.4M1.0%−229,445−36.9%Reduced–
Apollo Global Mgmt Inc03769M304SER A MAND CNV99,600$6.35M0.6%−10,200−9.3%Reduced–
WFC.PLWells Fargo & CompanyPERP PFD CNV A5,100$6.22M0.6%00.0%UnchangedHistory
Dexcom Inc252131AK3NOTE 0.250%11/15,530,000$6.07M0.6%00.0%Unchanged–
Bank of Amer Corp0605056827.25%CNV PFD L4,948$5.91M0.5%+4,948New–
Nextera Energy Inc65339F713UNIT 09/01/2025150,700$5.87M0.5%−10,100−6.3%Reduced–
PPL Cap FDG Inc69352PAS2NOTE 2.875% 3/16,120,000$5.86M0.5%+6,120,000New–
Ford MTR Co Del345370CZ1NOTE 3/15,560,000$5.75M0.5%+2,760,000+98.6%Added–
Tyler Tex Indpt SCH Dist902252AB1NOTE 0.250% 3/15,620,000$5.65M0.5%00.0%Unchanged–
State Street Utilities Select Sector SPDR ETF81369Y886ETF83,338$5.47M0.5%+83,338New–
Euronet Worldwide, Inc.298736AL3NOTE 0.750% 3/15,380,928$5.22M0.5%00.0%Unchanged–
Shopify Inc.82509LAA5NOTE 0.125%11/05,332,000$5.06M0.5%00.0%Unchanged–
KKRKKR & Co. Inc.COM46,300$4.66M0.4%+11,300+32.3%AddedHistory
MSFTMicrosoft CorpStock10,680$4.49M0.4%−2,218−17.2%ReducedHistory
BKNGBooking Holdings Inc.Stock1,221$4.43M0.4%−7−0.6%ReducedHistory
DraftKings Inc.26142RAB0NOTE 3/15,020,000$4.33M0.4%+2,000,000+66.2%Added–
Okta, Inc.679295AF2NOTE 0.375% 6/14,649,000$4.26M0.4%00.0%Unchanged–
Alliant Energy Corp018802AC2NOTE 3.875% 3/14,250,000$4.18M0.4%+4,250,000New–
METAMeta Platforms, Inc.Stock8,487$4.12M0.4%−2,232−20.8%ReducedHistory
Etsy Inc29786AAN6NOTE 0.250% 6/15,200,000$4.09M0.4%−890,000−14.6%Reduced–
Expedia Group, Inc.30212PBE4NOTE 2/13,895,000$3.59M0.3%−2,230,000−36.4%Reduced–
LYVLive Nation Entertainment, Inc.COM33,850$3.58M0.3%−8,500−20.1%ReducedHistory
CRMSalesforce, Inc.Stock11,799$3.55M0.3%+11,040+1,454.5%AddedHistory
TJXTJX Companies IncStock35,025$3.55M0.3%+35,025NewHistory
SHIFT4 PMTS Inc82452JAD1NOTE 0.500% 8/03,646,000$3.38M0.3%+3,646,000New–
BXBlackstone Inc.COM25,600$3.36M0.3%+8,600+50.6%AddedHistory
APOApollo Global Management, Inc.COM29,700$3.34M0.3%00.0%UnchangedHistory
UBERUber Technologies, IncStock41,600$3.20M0.3%+900+2.2%AddedHistory
GOOGLAlphabet Inc.Stock20,493$3.09M0.3%+2,305+12.7%AddedHistory
KBRKBR, Inc.COM48,500$3.09M0.3%+12,200+33.6%AddedHistory
Southwest Airls Co844741BG2NOTE 1.250% 5/03,030,000$3.07M0.3%+1,470,000+94.2%Added–
LLYEli Lilly & CoStock3,750$2.92M0.3%+3,750NewHistory
COSTCostco Wholesale CorpStock3,865$2.83M0.3%−647−14.3%ReducedHistory
DKNGDraftKings Inc.Stock62,000$2.82M0.3%−10,000−13.9%ReducedHistory
MELIMercadolibre IncCOM1,665$2.52M0.2%−2,025−54.9%ReducedHistory
Biomarin Pharmaceutical Inc09061GAK7NOTE 1.250% 5/12,493,000$2.46M0.2%00.0%Unchanged–
PROS Holdings, Inc.74346YAG8NOTE 2.250% 9/12,211,000$2.40M0.2%00.0%Unchanged–
Wix.com Ltd.92940WAD1NOTE 8/12,540,000$2.34M0.2%00.0%Unchanged–
NVDANVIDIA CorpStock2,503$2.26M0.2%+507+25.4%AddedHistory
FRPTFreshpet, Inc.Stock18,900$2.19M0.2%+18,900NewHistory
XOMExxonMobil Holdings CorpCOM18,813$2.19M0.2%+18,223+3,088.6%AddedHistory
BSXBoston Scientific CorpStock28,700$1.97M0.2%+28,700NewHistory
Cyberark Software LtdM2682V108SHS7,400$1.97M0.2%+7,400New–
NFLXNetflix IncStock2,914$1.77M0.2%+2,562+727.8%AddedHistory
BLDRBuilders FirstSource, Inc.Stock8,465$1.77M0.2%+8,465NewHistory
Chegg, Inc163092AF6NOTE 9/02,057,000$1.71M0.2%00.0%Unchanged–
BRK.BBerkshire Hathaway IncStock3,911$1.64M0.2%+3,911NewHistory
Vanguard S&P 500 Value ETF921932703ETF8,409$1.52M0.1%−3,129−27.1%Reduced–
iShares S&P 500 Value ETF464287408ETF8,113$1.52M0.1%−3,043−27.3%Reduced–
State Street SPDR Portfolio S&P 500 Value ETF78464A508ETF29,974$1.50M0.1%−11,594−27.9%Reduced–
TDGTransDigm Group INCCOM1,200$1.48M0.1%−900−42.9%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR10,500$1.43M0.1%+10,500NewHistory
AAPLApple Inc.Stock8,203$1.41M0.1%−12,410−60.2%ReducedHistory
DHIHorton D R IncCOM7,800$1.28M0.1%+7,800NewHistory
BRK.ABerkshire Hathaway IncCL A2$1.27M0.1%+2NewHistory
Fidelity Covington Trust316092782VLU FACTOR ETF21,393$1.22M0.1%−8,333−28.0%Reduced–
MANUManchester United plcORD CL A85,000$1.19M0.1%+50,500+146.4%AddedHistory
HDHome Depot, Inc.Stock3,036$1.16M0.1%+2,677+745.7%AddedHistory
ORLYO Reilly Automotive IncStock1,020$1.15M0.1%+310+43.7%AddedHistory
iShares Core MSCI Eafe ETF46432F842ETF15,264$1.13M0.1%−25,956−63.0%Reduced–
LENLennar CorpCL A6,125$1.05M0.1%+6,125NewHistory
TWTradeweb Markets Inc.Stock9,700$1.01M0.1%+9,700NewHistory
WIXWix.com Ltd.SHS7,100$976.1K0.1%+7,100NewHistory
ISRGIntuitive Surgical IncCOM NEW2,400$957.8K0.1%+2,400NewHistory
KMXCarMax IncCOM10,200$888.5K0.1%+10,200NewHistory
ANETArista Networks, Inc.COM2,900$840.9K0.1%+2,900NewHistory
iShares Tr464287721U.S. TECH ETF5,478$739.9K0.1%−2,331−29.9%Reduced–
Fidelity MSCI Information Technology Index ETF316092808ETF4,712$734.3K0.1%−1,961−29.4%Reduced–
Vanguard Information Technology ETF92204A702ETF1,400$734.1K0.1%−584−29.4%Reduced–
State Street Technology Select Sector SPDR ETF81369Y803ETF3,509$730.8K0.1%−1,439−29.1%Reduced–
AVGOBroadcom Inc.Stock550$729.0K0.1%−391−41.6%ReducedHistory
CSCOCisco Systems, Inc.Stock13,267$662.2K0.1%−1,940−12.8%ReducedHistory
GOOGAlphabet Inc.Stock4,291$653.3K0.1%−1,162−21.3%ReducedHistory
PetIQ, Inc.71639TAB2NOTE 4.000% 6/0635,000$629.9K0.1%00.0%Unchanged–
iShares S&P 100 ETF464287101ETF2,263$559.9K0.1%−1,217−35.0%Reduced–
MOAltria Group, Inc.Stock12,420$541.8K0.1%−3,249−20.7%ReducedHistory
AMGNAmgen IncStock1,543$438.7K<0.1%+1,543NewHistory
RACEFerrari N.V.COM1,000$435.9K<0.1%+1,000NewHistory
iShares Core S&P US Value ETF464287663ETF4,761$430.6K<0.1%−1,774−27.1%Reduced–
AMATApplied Materials IncStock2,036$419.9K<0.1%−1,267−38.4%ReducedHistory
IBMInternational Business Machines CorpStock2,082$397.6K<0.1%−1,111−34.8%ReducedHistory
LRCXLam Research CorpCOM402$390.6K<0.1%−274−40.5%ReducedHistory

Sold out since Q4 2023 (23)

Positions held at the end of Q4 2023 that are gone from this filing.

Positions of Rational Advisors LLC sold out since Q4 2023
SecurityClassShares in Q4 2023Value in Q4 2023% of portfolio in Q4 2023History
Schwab US Aggregate Bond ETF808524839ETF2,155,481$100.5M10.2%–
Invesco QQQ Trust Series I46090E103ETF161,092$66.0M6.7%–
Vanguard Intermediate-Term Corporate Bond ETF92206C870ETF407,983$33.2M3.4%–
Schwab U.S. Large-Cap ETF808524201ETF386,971$21.8M2.2%–
Fidelity MSCI Utilities Index ETF316092865ETF534,055$21.8M2.2%–
Splunk Inc848637AF1NOTE 1.125% 6/15,820,000$5.64M0.6%–
iShares Tr46435U853BROAD USD HIGH150,586$5.47M0.6%–
Alteryx, Inc.02156BAF0NOTE 1.000% 8/04,260,000$4.14M0.4%–
Cyberark Software Ltd23248VAB1NOTE 11/12,185,000$3.09M0.3%–
LULUlululemon athletica inc.Stock5,810$2.97M0.3%History
VVisa Inc.Stock10,538$2.74M0.3%History
TMUST-Mobile US, Inc.Stock13,000$2.08M0.2%History
NETCloudflare, Inc.CL A COM23,500$1.96M0.2%History
EQTEQT CorpStock49,000$1.89M0.2%History
PXDPioneer Natural Resources CoCOM7,100$1.60M0.2%History
ATIAti IncStock33,300$1.51M0.2%History
MRKMerck & Co., Inc.Stock11,500$1.25M0.1%History
DDOGDatadog, Inc.CL A COM8,800$1.07M0.1%History
iShares Tr4642874571 3 YR TREAS BD12,300$1.01M0.1%–
NTNXNutanix, Inc.Stock15,400$734.4K0.1%History
DPZDominos Pizza IncCOM1,000$412.2K<0.1%History
iShares Tr4642874407-10 YR TRSY BD2,460$237.1K<0.1%–
Western Digital Corp958102AP0NOTE 1.500% 2/080$80<0.1%–