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Livermore
Livermore
ZHEN

Rational Advisors LLC

SEC CIK
0001143565
Latest filing
Jul 24, 2026

Holdings in Q4 2024

Holdings as of Dec 31, 2024, filed Jan 31, 2025. Long positions only; changes compare share counts with Q3 2024.

Institution overview
Positions
104
−66 vs. Q3 2024
Portfolio value
$1.02B
−$16.2M (−1.6%) vs. Q3 2024
Filed
Jan 31, 2025
SEC
Holdings of Rational Advisors LLC in Q4 2024
SecurityClassSharesValue% of portfolioShare changeActionHistory
Vanguard Total Bond Market ETF921937835ETF1,180,458$84.9M8.3%−25,237−2.1%Reduced–
iShares Core U.S. Aggregate Bond ETF464287226ETF875,598$84.8M8.3%−18,052−2.0%Reduced–
State Street SPDR Portfolio Aggregate Bond ETF78464A649ETF3,391,024$84.7M8.3%−72,236−2.1%Reduced–
iShares Core S&P 500 ETF464287200ETF101,186$59.6M5.8%+9,791+10.7%Added–
Invesco Nasdaq 100 ETF46138G649ETF265,873$56.0M5.5%−27,127−9.3%Reduced–
Alps ETF Tr00162Q452ALERIAN MLP1,116,290$53.8M5.3%−131,890−10.6%Reduced–
WisdomTree Tr97717Y790US EFFIC CORE FD1,080,170$50.4M4.9%−97,690−8.3%Reduced–
Vanguard Dividend Appreciation ETF921908844ETF232,465$45.5M4.5%−18,050−7.2%Reduced–
State Street Utilities Select Sector SPDR ETF81369Y886ETF525,534$39.8M3.9%+138,774+35.9%Added–
Schwab U.S. REIT ETF808524847ETF1,650,624$34.8M3.4%−312,476−15.9%Reduced–
J P Morgan Exchange Traded F46641Q332EQUITY PREMIUM548,449$31.6M3.1%−121,056−18.1%Reduced–
DBX ETF Tr233051432XTRACK USD HIGH779,544$28.1M2.7%−165,381−17.5%Reduced–
Global X FDS37954Y657US PFD ETF1,163,762$22.7M2.2%−50,723−4.2%Reduced–
Vanguard S&P 500 ETF922908363ETF41,108$22.1M2.2%+3,295+8.7%Added–
Dimensional ETF Trust25434V872CORE FIXE IN ETF451,024$18.6M1.8%−10,451−2.3%Reduced–
State Street SPDR Portfolio S&P 500 ETF78464A854ETF261,700$18.0M1.8%−26,905−9.3%Reduced–
Invesco Exch Traded FD Tr II46138G805TAXABLE MUN BD528,974$13.8M1.4%+170,049+47.4%Added–
AMZNAmazon Com IncStock54,175$11.9M1.2%−5,068−8.6%ReducedHistory
Schwab Strategic Tr8085246985 10YR CORP BD421,790$9.31M0.9%−225,740−34.9%ReducedConverted for a 2-for-1 split–
WFC.PLWells Fargo & CompanyPERP PFD CNV A7,400$8.84M0.9%+2,000+37.0%AddedHistory
Bank of Amer Corp0605056827.25%CNV PFD L7,248$8.84M0.9%+2,000+38.1%Added–
Dexcom Inc252131AK3NOTE 0.250%11/19,150,000$8.81M0.9%+2,960,000+47.8%Added–
Apollo Global Mgmt Inc03769M304SER A MAND CNV99,900$8.68M0.8%+8,000+8.7%Added–
PPL Cap FDG Inc69352PAS2NOTE 2.875% 3/18,310,000$8.67M0.8%+2,190,000+35.8%Added–
BKNGBooking Holdings Inc.Stock1,700$8.45M0.8%+600+54.5%AddedHistory
SHIFT4 PMTS Inc82452JAD1NOTE 0.500% 8/07,796,000$8.38M0.8%+2,640,000+51.2%Added–
Tyler Tex Indpt SCH Dist902252AB1NOTE 0.250% 3/16,740,000$8.13M0.8%+2,300,000+51.8%Added–
DraftKings Inc.26142RAB0NOTE 3/18,650,000$7.36M0.7%+5,300,000+158.2%Added–
HPE.PCHewlett Packard Enterprise Co7.625 MAND CONV117,100$7.34M0.7%+40,000+51.9%AddedHistory
Alliant Energy Corp018802AC2NOTE 3.875% 3/17,080,000$7.26M0.7%+2,110,000+42.5%Added–
Shopify Inc.82509LAA5NOTE 0.125%11/06,612,000$6.73M0.7%+4,270,000+182.3%Added–
Uber Technologies, Inc90353TAM2NOTE 0.875%12/05,889,000$6.48M0.6%+5,889,000New–
GOOGLAlphabet Inc.Stock34,196$6.47M0.6%+5,614+19.6%AddedHistory
Ventas Rlty Ltd Partnership92277GAZ0NOTE 3.750% 6/05,580,000$6.34M0.6%+2,380,000+74.4%Added–
Okta, Inc.679295AF2NOTE 0.375% 6/16,342,000$5.88M0.6%+2,463,000+63.5%Added–
Etsy Inc29786AAN6NOTE 0.250% 6/16,850,000$5.60M0.5%+3,240,000+89.8%Added–
American WTR Cap Corp03040WBE4NOTE 3.625% 6/15,560,000$5.49M0.5%+2,080,000+59.8%Added–
WMTWalmart Inc.Stock59,898$5.41M0.5%+1,943+3.4%AddedHistory
AAPLApple Inc.Stock19,521$4.89M0.5%−3,792−16.3%ReducedHistory
iShares Tr464288588MBS ETF50,114$4.59M0.4%−1,161−2.3%Reduced–
MSFTMicrosoft CorpStock10,513$4.43M0.4%−748−6.6%ReducedHistory
METAMeta Platforms, Inc.Stock6,991$4.09M0.4%−2,374−25.3%ReducedHistory
Ford MTR Co Del345370CZ1NOTE 3/13,990,000$3.86M0.4%−760,000−16.0%Reduced–
KKRKKR & Co. Inc.COM25,050$3.71M0.4%−2,850−10.2%ReducedHistory
CRMSalesforce, Inc.Stock11,000$3.68M0.4%+11,000NewHistory
APOApollo Global Management, Inc.COM21,900$3.62M0.4%−15,300−41.1%ReducedHistory
Southwest Airls Co844741BG2NOTE 1.250% 5/03,480,000$3.57M0.3%+2,010,000+136.7%Added–
BXBlackstone Inc.COM20,400$3.52M0.3%−1,600−7.3%ReducedHistory
Cyberark Software LtdM2682V108SHS10,300$3.43M0.3%−2,500−19.5%Reduced–
PGRProgressive CorpStock14,150$3.39M0.3%+14,150NewHistory
COSTCostco Wholesale CorpStock3,669$3.36M0.3%−30−0.8%ReducedHistory
NFLXNetflix IncStock3,700$3.30M0.3%−1,000−21.3%ReducedHistory
LYVLive Nation Entertainment, Inc.COM24,350$3.15M0.3%−5,500−18.4%ReducedHistory
WIXWix.com Ltd.SHS14,180$3.04M0.3%+14,180NewHistory
CMGChipotle Mexican Grill IncCOM50,350$3.04M0.3%00.0%UnchangedHistory
MELIMercadolibre IncCOM1,750$2.98M0.3%−1,323−43.1%ReducedHistory
Nextera Energy Inc65339F713UNIT 09/01/202570,500$2.88M0.3%00.0%Unchanged–
SPYSPDR S&P 500 ETF TrustETF4,800$2.81M0.3%+3,762+362.4%AddedHistory
DISWalt Disney CoStock24,500$2.73M0.3%+10,300+72.5%AddedHistory
ITTItt Inc.COM16,100$2.30M0.2%−1,100−6.4%ReducedHistory
PROS Holdings, Inc.74346YAG8NOTE 2.250% 9/12,211,000$2.09M0.2%00.0%Unchanged–
Euronet Worldwide, Inc.298736AL3NOTE 0.750% 3/12,040,928$2.02M0.2%00.0%Unchanged–
NOWServiceNow, Inc.Stock1,900$2.01M0.2%+1,900NewHistory
Wix.com Ltd.92940WAD1NOTE 8/11,790,000$1.73M0.2%00.0%Unchanged–
NVDANVIDIA CorpStock12,690$1.70M0.2%+3,497+38.0%AddedHistory
Expedia Group, Inc.30212PBE4NOTE 2/11,605,000$1.59M0.2%00.0%Unchanged–
BRK.BBerkshire Hathaway IncStock3,504$1.59M0.2%−135−3.7%ReducedHistory
BRK.ABerkshire Hathaway IncCL A2$1.36M0.1%00.0%UnchangedHistory
MOG.AMoog Inc.CL A5,235$1.03M0.1%−6,000−53.4%ReducedHistory
TSLATesla, Inc.Stock2,475$999.5K0.1%−588−19.2%ReducedHistory
HDHome Depot, Inc.Stock2,467$959.6K0.1%−3,033−55.1%ReducedHistory
IBMInternational Business Machines CorpStock4,353$956.9K0.1%−1,998−31.5%ReducedHistory
VVisa Inc.Stock2,981$942.1K0.1%+2,981NewHistory
State Street Consumer Staples Select Sector SPDR ETF81369Y308ETF11,627$914.0K0.1%+11,627New–
XOMExxonMobil Holdings CorpCOM8,398$903.4K0.1%−3,885−31.6%ReducedHistory
Vanguard Information Technology ETF92204A702ETF1,425$886.1K0.1%−1,304−47.8%Reduced–
UNHUnitedHealth Group IncStock1,744$882.2K0.1%+1,744NewHistory
State Street Health Care Select Sector SPDR ETF81369Y209ETF6,312$868.3K0.1%−202−3.1%Reduced–
State Street Financial Select Sector SPDR ETF81369Y605ETF16,986$820.9K0.1%+16,237+2,167.8%Added–
PLTRPalantir Technologies Inc.Stock10,838$819.7K0.1%−614−5.4%ReducedHistory
TSMTaiwan Semiconductor Manufacturing Co LtdADR4,000$790.0K0.1%+2,629+191.8%AddedHistory
State Street Communication Services Select Sector SPDR ETF81369Y852ETF8,120$786.1K0.1%+8,120New–
AVGOBroadcom Inc.Stock3,349$776.4K0.1%+506+17.8%AddedHistory
PYPLPayPal Holdings, Inc.Stock7,896$673.9K0.1%+7,896NewHistory
State Street Consumer Discretionary Select Sector SPDR ETF81369Y407ETF2,811$630.6K0.1%+2,811New–
NEENextera Energy IncStock8,522$610.9K0.1%+8,010+1,564.5%AddedHistory
CATCaterpillar IncStock1,675$607.6K0.1%+1,545+1,188.5%AddedHistory
iShares Tr4642874571 3 YR TREAS BD7,384$605.3K0.1%+4,734+178.6%Added–
PLDPrologis, Inc.REIT5,494$580.7K0.1%+5,240+2,063.0%AddedHistory
State Street Real Estate Select Sector SPDR ETF81369Y860ETF14,150$575.5K0.1%+14,150New–
ABBVAbbVie Inc.Stock3,165$562.4K0.1%+3,165NewHistory
State Street Industrial Select Sector SPDR ETF81369Y704ETF4,179$550.6K0.1%+4,179New–
iShares Tr464288760US AER DEF ETF3,771$548.1K0.1%−5,765−60.5%Reduced–
LLYEli Lilly & CoStock708$546.6K0.1%−2,892−80.3%ReducedHistory
JPMJPMorgan Chase & CoStock1,955$468.6K<0.1%−5,897−75.1%ReducedHistory
PANWPalo Alto Networks IncStock2,422$440.7K<0.1%−24−1.0%ReducedConverted for a 2-for-1 splitHistory
QCOMQualcomm IncStock2,663$409.1K<0.1%−87−3.2%ReducedHistory
iShares Tr46435U135CYBERSECURITY7,718$376.6K<0.1%−294−3.7%Reduced–
SLBSLB LimitedStock8,546$327.7K<0.1%+8,092+1,782.4%AddedHistory
VSTVistra Corp.Stock1,874$258.4K<0.1%+1,874NewHistory

Sold out since Q3 2024 (82)

Positions held at the end of Q3 2024 that are gone from this filing.

Positions of Rational Advisors LLC sold out since Q3 2024
SecurityClassShares in Q3 2024Value in Q3 2024% of portfolio in Q3 2024History
COHRCoherent Corp.COM35,430$3.15M0.3%History
ORCLOracle CorpStock15,500$2.64M0.3%History
TDGTransDigm Group INCCOM1,700$2.43M0.2%History
KBRKBR, Inc.COM37,200$2.42M0.2%History
DKNGDraftKings Inc.Stock53,000$2.08M0.2%History
UBERUber Technologies, IncStock27,100$2.04M0.2%History
State Street Technology Select Sector SPDR ETF81369Y803ETF6,841$1.54M0.1%–
FRPTFreshpet, Inc.Stock10,600$1.45M0.1%History
iShares S&P 500 Value ETF464287408ETF6,290$1.24M0.1%–
BSXBoston Scientific CorpStock14,200$1.19M0.1%History
FOURShift4 Payments, Inc.CL A12,900$1.14M0.1%History
TGTTarget CorpStock5,250$818.3K0.1%History
Chegg, Inc163092AF6NOTE 9/01,067,000$808.3K0.1%–
INTUIntuit Inc.Stock1,000$621.0K0.1%History
ADBEAdobe Inc.Stock1,000$517.8K<0.1%History
JNJJohnson & JohnsonStock2,022$327.7K<0.1%History
MRKMerck & Co., Inc.Stock2,865$325.3K<0.1%History
ASMLASML Holding NVADR382$318.3K<0.1%History
AMDAdvanced Micro Devices IncStock1,515$248.6K<0.1%History
INTCIntel CorpStock10,466$245.5K<0.1%History
MUMicron Technology IncStock1,089$112.9K<0.1%History
WMBWilliams Companies, Inc.COM1,447$66.1K<0.1%History
TRGPTarga Resources Corp.COM434$64.2K<0.1%History
OKEONEOK IncCOM673$61.3K<0.1%History
WELLWelltower Inc.REIT442$56.6K<0.1%History
LNGCheniere Energy, Inc.COM NEW305$54.9K<0.1%History
DDDuPont de Nemours, Inc.COM609$54.3K<0.1%History
RTXRTX CorpStock446$54.0K<0.1%History
SHWSherwin Williams CoCOM139$53.1K<0.1%History
ECLEcolab Inc.Stock203$51.8K<0.1%History
FCXFreeport-McMoran IncStock1,037$51.8K<0.1%History
PNRPENTAIR plcSHS528$51.6K<0.1%History
KMIKinder Morgan, Inc.Stock2,300$50.8K<0.1%History
LINLinde PLCStock105$50.1K<0.1%History
NOCNorthrop Grumman CorpStock93$49.1K<0.1%History
RSGRepublic Services, Inc.COM244$49.0K<0.1%History
EQIXEquinix IncCOM54$47.9K<0.1%History
GDGeneral Dynamics CorpStock158$47.7K<0.1%History
SOSouthern CoStock518$46.7K<0.1%History
WMWaste Management IncStock225$46.7K<0.1%History
DLRDigital Realty Trust, Inc.COM286$46.3K<0.1%History
PBAPembina Pipeline CorpCOM1,122$46.3K<0.1%History
WCNWaste Connections, Inc.COM257$46.0K<0.1%History
AEPAmerican Electric Power Co IncStock445$45.7K<0.1%History
DOWDow Inc.Stock833$45.5K<0.1%History
DUKDuke Energy CORPStock391$45.1K<0.1%History
MPLXMPLX LPCOM UNIT REP LTD1,002$44.5K<0.1%History
LMTLockheed Martin CorpStock76$44.4K<0.1%History
APDAir Products & Chemicals, Inc.Stock148$44.1K<0.1%History
ETEnergy Transfer LPCOM UT LTD PTN2,712$43.5K<0.1%History
CPCanadian Pacific Kansas City LtdCOM490$41.9K<0.1%History
UNPUnion Pacific CorpStock166$40.9K<0.1%History
PAGPPlains GP Holdings LPLTD PARTNR INT A2,196$40.6K<0.1%History
SRESempraStock484$40.5K<0.1%History
COPConocoPhillipsStock383$40.3K<0.1%History
PSAPublic StorageCOM109$39.7K<0.1%History
EMREmerson Electric CoStock360$39.4K<0.1%History
FTSFortis Inc.COM866$39.4K<0.1%History
STLDSteel Dynamics IncCOM310$39.1K<0.1%History
PSXPhillips 66Stock295$38.8K<0.1%History
STAGSTAG Industrial, Inc.COM976$38.2K<0.1%History
HONHoneywell International IncCOM184$38.0K<0.1%History
RSReliance, Inc.COM131$37.9K<0.1%History
EPDEnterprise Products Partners L.P.Stock1,292$37.6K<0.1%History
BIPBrookfield Infrastructure Partners L.P.LP INT UNIT1,051$36.8K<0.1%History
ENBEnbridge IncStock902$36.6K<0.1%History
DEDeere & CoStock86$35.9K<0.1%History
AWKAmerican Water Works Company, Inc.Stock244$35.7K<0.1%History
CNICanadian National Railway CoStock304$35.6K<0.1%History
OXYOccidental Petroleum CorpStock687$35.4K<0.1%History
AREAlexandria Real Estate Equities, Inc.COM298$35.4K<0.1%History
NUENucor CorpCOM235$35.3K<0.1%History
EOGEOG Resources IncStock284$34.9K<0.1%History
WYWeyerhaeuser CoCOM NEW1,013$34.3K<0.1%History
CSXCSX CorpStock983$33.9K<0.1%History
Atlantica Sustainable Infr PG0751N103SHS1,528$33.6K<0.1%–
TRPTC Energy CorpCOM703$33.4K<0.1%History
AMTAmerican Tower CorpREIT134$31.2K<0.1%History
NSCNorfolk Southern CorpStock120$29.8K<0.1%History
CVXChevron CorpStock197$29.0K<0.1%History
UPSUnited Parcel Service IncStock177$24.1K<0.1%History
CCICrown Castle Inc.REIT170$20.2K<0.1%History