Rational Advisors LLC
- SEC CIK
- 0001143565
- Latest filing
- Jul 24, 2026
Holdings in Q1 2025
Holdings as of Mar 31, 2025, filed May 1, 2025. Long positions only; changes compare share counts with Q4 2024.
- Positions
- 115
- +11 vs. Q4 2024
- Portfolio value
- $990.9M
- −$32.0M (−3.1%) vs. Q4 2024
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| CEGConstellation Energy Corp | Stock | 395 | $79.6K | <0.1% | +395 | New | History |
| VSTVistra Corp. | Stock | 723 | $84.9K | <0.1% | −1,151−61.4% | Reduced | History |
| NRGNRG Energy, Inc. | Stock | 1,005 | $95.9K | <0.1% | −1,655−62.2% | Reduced | History |
| UNPUnion Pacific Corp | Stock | 704 | $166.3K | <0.1% | +704 | New | History |
| Vanguard Information Technology ETF92204A702 | ETF | 339 | $183.9K | <0.1% | −1,086−76.2% | Reduced | – |
| LLYEli Lilly & Co | Stock | 423 | $349.4K | <0.1% | −285−40.3% | Reduced | History |
| EQIXEquinix Inc | COM | 469 | $382.4K | <0.1% | +469 | New | History |
| PANWPalo Alto Networks Inc | Stock | 2,261 | $385.8K | <0.1% | −161−6.6% | Reduced | History |
| SPGSimon Property Group Inc. | REIT | 2,328 | $386.6K | <0.1% | +2,328 | New | History |
| ABBVAbbVie Inc. | Stock | 1,847 | $387.0K | <0.1% | −1,318−41.6% | Reduced | History |
| PLDPrologis, Inc. | REIT | 3,551 | $397.0K | <0.1% | −1,943−35.4% | Reduced | History |
| INTCIntel Corp | Stock | 17,661 | $401.1K | <0.1% | +17,661 | New | History |
| iShares Tr46435U135 | CYBERSECURITY | 8,679 | $407.7K | <0.1% | +961+12.5% | Added | – |
| PYPLPayPal Holdings, Inc. | Stock | 7,610 | $496.6K | 0.1% | −286−3.6% | Reduced | History |
| GLWCorning Inc | COM | 11,304 | $517.5K | 0.1% | +6,241+123.3% | Added | History |
| QCOMQualcomm Inc | Stock | 3,507 | $538.7K | 0.1% | +844+31.7% | Added | History |
| TSLATesla, Inc. | Stock | 2,156 | $558.7K | 0.1% | −319−12.9% | Reduced | History |
| SLBSLB Limited | Stock | 13,773 | $575.7K | 0.1% | +5,227+61.2% | Added | History |
| State Street Consumer Discretionary Select Sector SPDR ETF81369Y407 | ETF | 3,322 | $656.0K | 0.1% | +511+18.2% | Added | – |
| PLTRPalantir Technologies Inc. | Stock | 7,826 | $660.5K | 0.1% | −3,012−27.8% | Reduced | History |
| State Street Communication Services Select Sector SPDR ETF81369Y852 | ETF | 7,005 | $675.6K | 0.1% | −1,115−13.7% | Reduced | – |
| JPMJPMorgan Chase & Co | Stock | 2,775 | $680.7K | 0.1% | +820+41.9% | Added | History |
| IBMInternational Business Machines Corp | Stock | 2,760 | $686.3K | 0.1% | −1,593−36.6% | Reduced | History |
| State Street Real Estate Select Sector SPDR ETF81369Y860 | ETF | 17,057 | $713.8K | 0.1% | +2,907+20.5% | Added | – |
| VVisa Inc. | Stock | 2,077 | $727.9K | 0.1% | −904−30.3% | Reduced | History |
| iShares Tr464288760 | US AER DEF ETF | 4,838 | $740.7K | 0.1% | +1,067+28.3% | Added | – |
| ISRGIntuitive Surgical Inc | COM NEW | 1,500 | $742.9K | 0.1% | +1,500 | New | History |
| AVGOBroadcom Inc. | Stock | 4,704 | $787.6K | 0.1% | +1,355+40.5% | Added | History |
| HDHome Depot, Inc. | Stock | 2,263 | $829.4K | 0.1% | −204−8.3% | Reduced | History |
| CATCaterpillar Inc | Stock | 2,557 | $843.3K | 0.1% | +882+52.7% | Added | History |
| NVDANVIDIA Corp | Stock | 8,827 | $956.7K | 0.1% | −3,863−30.4% | Reduced | History |
| ORLYO Reilly Automotive Inc | Stock | 675 | $967.0K | 0.1% | +675 | New | History |
| TDGTransDigm Group INC | COM | 700 | $968.3K | 0.1% | +700 | New | History |
| State Street Industrial Select Sector SPDR ETF81369Y704 | ETF | 7,486 | $981.2K | 0.1% | +3,307+79.1% | Added | – |
| RYANRyan Specialty Holdings, Inc. | CL A | 13,500 | $997.2K | 0.1% | +13,500 | New | History |
| Simplify Exchange Traded Fun82889N772 | HEALTH CARE ETF | 35,000 | $1.03M | 0.1% | +35,000 | New | – |
| CMGChipotle Mexican Grill Inc | COM | 20,500 | $1.03M | 0.1% | −29,850−59.3% | Reduced | History |
| HSBCHSBC Holdings PLC | SPON ADR NEW | 18,037 | $1.04M | 0.1% | +18,037 | New | History |
| XOMExxonMobil Holdings Corp | COM | 9,049 | $1.08M | 0.1% | +651+7.8% | Added | History |
| UBERUber Technologies, Inc | Stock | 15,000 | $1.09M | 0.1% | +15,000 | New | History |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 22,517 | $1.12M | 0.1% | +5,531+32.6% | Added | – |
| AZOAutoZone Inc | COM | 305 | $1.16M | 0.1% | +305 | New | History |
| State Street Consumer Staples Select Sector SPDR ETF81369Y308 | ETF | 15,751 | $1.29M | 0.1% | +4,124+35.5% | Added | – |
| BRK.BBerkshire Hathaway Inc | Stock | 2,618 | $1.39M | 0.1% | −886−25.3% | Reduced | History |
| PGRProgressive Corp | Stock | 5,000 | $1.42M | 0.1% | −9,150−64.7% | Reduced | History |
| MELIMercadolibre Inc | COM | 750 | $1.46M | 0.1% | −1,000−57.1% | Reduced | History |
| KOCoca Cola Co | Stock | 21,500 | $1.54M | 0.2% | +21,500 | New | History |
| BRK.ABerkshire Hathaway Inc | CL A | 2 | $1.60M | 0.2% | 00.0% | Unchanged | History |
| Wix.com Ltd.92940WAD1 | NOTE 8/1 | 1,790,000 | $1.75M | 0.2% | 00.0% | Unchanged | – |
| TEAMAtlassian Corp | CL A | 8,900 | $1.89M | 0.2% | +8,900 | New | History |
| MCDMcDonalds Corp | Stock | 6,369 | $1.99M | 0.2% | +6,369 | New | History |
| Ford MTR Co Del345370CZ1 | NOTE 3/1 | 2,110,000 | $2.07M | 0.2% | −1,880,000−47.1% | Reduced | – |
| PROS Holdings, Inc.74346YAG8 | NOTE 2.250% 9/1 | 2,211,000 | $2.07M | 0.2% | 00.0% | Unchanged | – |
| OKTAOkta, Inc. | CL A | 22,100 | $2.33M | 0.2% | +22,100 | New | History |
| LYVLive Nation Entertainment, Inc. | COM | 18,850 | $2.46M | 0.2% | −5,500−22.6% | Reduced | History |
| WIXWix.com Ltd. | SHS | 15,180 | $2.48M | 0.3% | +1,000+7.1% | Added | History |
| KKRKKR & Co. Inc. | COM | 22,150 | $2.56M | 0.3% | −2,900−11.6% | Reduced | History |
| BXBlackstone Inc. | COM | 18,500 | $2.59M | 0.3% | −1,900−9.3% | Reduced | History |
| iShares Tr464287440 | 7-10 YR TRSY BD | 30,195 | $2.88M | 0.3% | +29,519+4,366.7% | Added | – |
| APOApollo Global Management, Inc. | COM | 21,900 | $3.00M | 0.3% | 00.0% | Unchanged | History |
| AAPLApple Inc. | Stock | 14,400 | $3.20M | 0.3% | −5,121−26.2% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 20,996 | $3.25M | 0.3% | −13,200−38.6% | Reduced | History |
| SPOTSpotify Technology S.A. | Stock | 5,925 | $3.26M | 0.3% | +5,925 | New | History |
| PENPenumbra Inc | COM | 12,200 | $3.26M | 0.3% | +12,200 | New | History |
| Cyberark Software LtdM2682V108 | SHS | 9,700 | $3.28M | 0.3% | −600−5.8% | Reduced | – |
| NFLXNetflix Inc | Stock | 3,605 | $3.36M | 0.3% | −95−2.6% | Reduced | History |
| ARES.PBAres Management Corp | 6.75 SE B PFD | 72,100 | $3.48M | 0.4% | +72,100 | New | History |
| NEENextera Energy Inc | Stock | 49,273 | $3.49M | 0.4% | +40,751+478.2% | Added | History |
| MSFTMicrosoft Corp | Stock | 9,522 | $3.57M | 0.4% | −991−9.4% | Reduced | History |
| TJXTJX Companies Inc | Stock | 30,000 | $3.65M | 0.4% | +30,000 | New | History |
| METAMeta Platforms, Inc. | Stock | 6,358 | $3.66M | 0.4% | −633−9.1% | Reduced | History |
| WMTWalmart Inc. | Stock | 42,911 | $3.77M | 0.4% | −16,987−28.4% | Reduced | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 6,912 | $3.87M | 0.4% | +2,112+44.0% | Added | History |
| TWTradeweb Markets Inc. | Stock | 26,200 | $3.89M | 0.4% | +26,200 | New | History |
| COSTCostco Wholesale Corp | Stock | 4,117 | $3.89M | 0.4% | +448+12.2% | Added | History |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | 3,320,000 | $4.05M | 0.4% | −3,420,000−50.7% | Reduced | – |
| iShares Tr464288588 | MBS ETF | 45,085 | $4.23M | 0.4% | −5,029−10.0% | Reduced | – |
| iShares Tr464287457 | 1 3 YR TREAS BD | 64,575 | $5.34M | 0.5% | +57,191+774.5% | Added | – |
| BKNGBooking Holdings Inc. | Stock | 1,200 | $5.53M | 0.6% | −500−29.4% | Reduced | History |
| American WTR Cap Corp03040WBE4 | NOTE 3.625% 6/1 | 5,560,000 | $5.68M | 0.6% | 00.0% | Unchanged | – |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | 6,850,000 | $5.81M | 0.6% | 00.0% | Unchanged | – |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 80,800 | $5.91M | 0.6% | −19,100−19.1% | Reduced | – |
| Okta, Inc.679295AF2 | NOTE 0.375% 6/1 | 6,342,000 | $6.05M | 0.6% | 00.0% | Unchanged | – |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | 6,036,000 | $6.09M | 0.6% | −1,760,000−22.6% | Reduced | – |
| Global PMTS Inc37940XAU6 | NOTE 1.500% 3/0 | 6,667,000 | $6.28M | 0.6% | +6,667,000 | New | – |
| Shopify Inc.82509LAA5 | NOTE 0.125%11/0 | 6,612,000 | $6.63M | 0.7% | 00.0% | Unchanged | – |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | 8,650,000 | $7.53M | 0.8% | 00.0% | Unchanged | – |
| Uber Technologies, Inc90353TAM2 | NOTE 0.875%12/0 | 6,439,000 | $7.84M | 0.8% | +550,000+9.3% | Added | – |
| Ventas Rlty Ltd Partnership92277GAZ0 | NOTE 3.750% 6/0 | 6,370,000 | $8.20M | 0.8% | +790,000+14.2% | Added | – |
| Schwab Strategic Tr808524698 | 5 10YR CORP BD | 384,534 | $8.64M | 0.9% | −37,256−8.8% | Reduced | – |
| Alliant Energy Corp018802AC2 | NOTE 3.875% 3/1 | 8,120,000 | $8.68M | 0.9% | +1,040,000+14.7% | Added | – |
| Dexcom Inc252131AK3 | NOTE 0.250%11/1 | 9,150,000 | $8.89M | 0.9% | 00.0% | Unchanged | – |
| NEE.PTNextera Energy Inc | UNIT 11/01/2027 | 198,600 | $9.05M | 0.9% | +198,600 | New | History |
| WFC.PLWells Fargo & Company | PERP PFD CNV A | 7,800 | $9.37M | 0.9% | +400+5.4% | Added | History |
| Bank of Amer Corp060505682 | 7.25%CNV PFD L | 7,648 | $9.44M | 1.0% | +400+5.5% | Added | – |
| AMZNAmazon Com Inc | Stock | 52,098 | $9.91M | 1.0% | −2,077−3.8% | Reduced | History |
| PPL Cap FDG Inc69352PAS2 | NOTE 2.875% 3/1 | 9,390,000 | $10.5M | 1.1% | +1,080,000+13.0% | Added | – |
| Invesco Exch Traded FD Tr II46138G805 | TAXABLE MUN BD | 483,975 | $12.9M | 1.3% | −44,999−8.5% | Reduced | – |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 184,185 | $13.9M | 1.4% | +182,053+8,539.1% | Added | – |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 242,664 | $16.0M | 1.6% | −19,036−7.3% | Reduced | – |
Sold out since Q4 2024 (15)
Positions held at the end of Q4 2024 that are gone from this filing.
| Security | Class | Shares in Q4 2024 | Value in Q4 2024 | % of portfolio in Q4 2024 | History |
|---|---|---|---|---|---|
| Alps ETF Tr00162Q452 | ALERIAN MLP | 1,116,290 | $53.8M | 5.3% | – |
| DBX ETF Tr233051432 | XTRACK USD HIGH | 779,544 | $28.1M | 2.7% | – |
| HPE.PCHewlett Packard Enterprise Co | 7.625 MAND CONV | 117,100 | $7.34M | 0.7% | History |
| CRMSalesforce, Inc. | Stock | 11,000 | $3.68M | 0.4% | History |
| Southwest Airls Co844741BG2 | NOTE 1.250% 5/0 | 3,480,000 | $3.57M | 0.3% | – |
| Nextera Energy Inc65339F713 | UNIT 09/01/2025 | 70,500 | $2.88M | 0.3% | – |
| DISWalt Disney Co | Stock | 24,500 | $2.73M | 0.3% | History |
| ITTItt Inc. | COM | 16,100 | $2.30M | 0.2% | History |
| Euronet Worldwide, Inc.298736AL3 | NOTE 0.750% 3/1 | 2,040,928 | $2.02M | 0.2% | – |
| NOWServiceNow, Inc. | Stock | 1,900 | $2.01M | 0.2% | History |
| Expedia Group, Inc.30212PBE4 | NOTE 2/1 | 1,605,000 | $1.59M | 0.2% | – |
| MOG.AMoog Inc. | CL A | 5,235 | $1.03M | 0.1% | History |
| UNHUnitedHealth Group Inc | Stock | 1,744 | $882.2K | 0.1% | History |
| State Street Health Care Select Sector SPDR ETF81369Y209 | ETF | 6,312 | $868.3K | 0.1% | – |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 4,000 | $790.0K | 0.1% | History |