Rational Advisors LLC
- SEC CIK
- 0001143565
- Latest filing
- Jul 24, 2026
Holdings in Q2 2025
Holdings as of Jun 30, 2025, filed Jul 31, 2025. Long positions only; changes compare share counts with Q1 2025.
- Positions
- 191
- +76 vs. Q1 2025
- Portfolio value
- $1.01B
- +$18.3M (+1.8%) vs. Q1 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| IBMInternational Business Machines Corp | Stock | 2,370 | $698.6K | 0.1% | −390−14.1% | Reduced | History |
| State Street Communication Services Select Sector SPDR ETF81369Y852 | ETF | 6,441 | $699.0K | 0.1% | −564−8.1% | Reduced | – |
| BRK.BBerkshire Hathaway Inc | Stock | 1,475 | $716.5K | 0.1% | −1,143−43.7% | Reduced | History |
| BRK.ABerkshire Hathaway Inc | CL A | 1 | $728.8K | 0.1% | −1−50.0% | Reduced | History |
| NEENextera Energy Inc | Stock | 11,573 | $803.4K | 0.1% | −37,700−76.5% | Reduced | History |
| CATCaterpillar Inc | Stock | 2,233 | $866.9K | 0.1% | −324−12.7% | Reduced | History |
| HDHome Depot, Inc. | Stock | 2,477 | $908.2K | 0.1% | +214+9.5% | Added | History |
| TSLATesla, Inc. | Stock | 2,964 | $941.5K | 0.1% | +808+37.5% | Added | History |
| HSBCHSBC Holdings PLC | SPON ADR NEW | 15,723 | $955.8K | 0.1% | −2,314−12.8% | Reduced | History |
| State Street Industrial Select Sector SPDR ETF81369Y704 | ETF | 6,507 | $959.9K | 0.1% | −979−13.1% | Reduced | – |
| PLTRPalantir Technologies Inc. | Stock | 7,102 | $968.1K | 0.1% | −724−9.3% | Reduced | History |
| XOMExxonMobil Holdings Corp | COM | 9,734 | $1.05M | 0.1% | +685+7.6% | Added | History |
| JPMJPMorgan Chase & Co | Stock | 3,658 | $1.06M | 0.1% | +883+31.8% | Added | History |
| State Street Financial Select Sector SPDR ETF81369Y605 | ETF | 21,069 | $1.10M | 0.1% | −1,448−6.4% | Reduced | – |
| State Street Consumer Staples Select Sector SPDR ETF81369Y308 | ETF | 13,987 | $1.13M | 0.1% | −1,764−11.2% | Reduced | – |
| AVGOBroadcom Inc. | Stock | 4,691 | $1.29M | 0.1% | −13−0.3% | Reduced | History |
| GOOGLAlphabet Inc. | Stock | 8,327 | $1.47M | 0.1% | −12,669−60.3% | Reduced | History |
| BNBROOKFIELD Corp | CL A LTD VT SH | 25,500 | $1.58M | 0.2% | +25,500 | New | History |
| ORLYO Reilly Automotive Inc | Stock | 19,125 | $1.72M | 0.2% | +9,000+88.9% | AddedConverted for a 15-for-1 split | History |
| iShares Tr464287457 | 1 3 YR TREAS BD | 22,284 | $1.85M | 0.2% | −42,291−65.5% | Reduced | – |
| NVDANVIDIA Corp | Stock | 12,496 | $1.97M | 0.2% | +3,669+41.6% | Added | History |
| Meritage Homes CORP59001ABF8 | NOTE 1.750% 5/1 | 2,112,000 | $2.04M | 0.2% | +2,112,000 | New | – |
| PROS Holdings, Inc.74346YAG8 | NOTE 2.250% 9/1 | 2,211,000 | $2.07M | 0.2% | 00.0% | Unchanged | – |
| Ford MTR Co Del345370CZ1 | NOTE 3/1 | 2,110,000 | $2.08M | 0.2% | 00.0% | Unchanged | – |
| TMUST-Mobile US, Inc. | Stock | 8,824 | $2.10M | 0.2% | +8,824 | New | History |
| TWTradeweb Markets Inc. | Stock | 14,600 | $2.14M | 0.2% | −11,600−44.3% | Reduced | History |
| LLYEli Lilly & Co | Stock | 2,784 | $2.17M | 0.2% | +2,361+558.2% | Added | History |
| AMTAmerican Tower Corp | REIT | 11,650 | $2.57M | 0.3% | +11,650 | New | History |
| UBERUber Technologies, Inc | Stock | 29,540 | $2.76M | 0.3% | +14,540+96.9% | Added | History |
| MELIMercadolibre Inc | COM | 1,100 | $2.87M | 0.3% | +350+46.7% | Added | History |
| VVisa Inc. | Stock | 8,508 | $3.02M | 0.3% | +6,431+309.6% | Added | History |
| KOCoca Cola Co | Stock | 43,578 | $3.08M | 0.3% | +22,078+102.7% | Added | History |
| PGRProgressive Corp | Stock | 12,000 | $3.20M | 0.3% | +7,000+140.0% | Added | History |
| NEE.PTNextera Energy Inc | UNIT 11/01/2027 | 74,400 | $3.29M | 0.3% | −124,200−62.5% | Reduced | History |
| BXBlackstone Inc. | COM | 22,324 | $3.34M | 0.3% | +3,824+20.7% | Added | History |
| TJXTJX Companies Inc | Stock | 27,500 | $3.40M | 0.3% | −2,500−8.3% | Reduced | History |
| LYVLive Nation Entertainment, Inc. | COM | 23,522 | $3.56M | 0.4% | +4,672+24.8% | Added | History |
| VEEVVeeva Systems Inc | Stock | 12,500 | $3.60M | 0.4% | +12,500 | New | History |
| KKRKKR & Co. Inc. | COM | 27,150 | $3.61M | 0.4% | +5,000+22.6% | Added | History |
| Coinbase Global, Inc.19260QAF4 | NOTE 0.250% 4/0 | 2,820,000 | $3.68M | 0.4% | +2,820,000 | New | – |
| SPOTSpotify Technology S.A. | Stock | 4,925 | $3.78M | 0.4% | −1,000−16.9% | Reduced | History |
| APOApollo Global Management, Inc. | COM | 27,244 | $3.87M | 0.4% | +5,344+24.4% | Added | History |
| AAPLApple Inc. | Stock | 19,373 | $3.97M | 0.4% | +4,973+34.5% | Added | History |
| NFLXNetflix Inc | Stock | 3,013 | $4.03M | 0.4% | −592−16.4% | Reduced | History |
| Tyler Tex Indpt SCH Dist902252AB1 | NOTE 0.250% 3/1 | 3,320,000 | $4.08M | 0.4% | 00.0% | Unchanged | – |
| COSTCostco Wholesale Corp | Stock | 4,223 | $4.18M | 0.4% | +106+2.6% | Added | History |
| Invesco Exch Traded FD Tr II46138G805 | TAXABLE MUN BD | 157,852 | $4.19M | 0.4% | −326,123−67.4% | Reduced | – |
| SPYSPDR S&P 500 ETF Trust | ETF | 6,889 | $4.26M | 0.4% | −23−0.3% | Reduced | History |
| TDGTransDigm Group INC | COM | 2,836 | $4.31M | 0.4% | +2,136+305.1% | Added | History |
| WMTWalmart Inc. | Stock | 44,689 | $4.37M | 0.4% | +1,778+4.1% | Added | History |
| NOWServiceNow, Inc. | Stock | 5,072 | $5.21M | 0.5% | +5,072 | New | History |
| Cyberark Software LtdM2682V108 | SHS | 14,000 | $5.70M | 0.6% | +4,300+44.3% | Added | – |
| Global PMTS Inc37940XAU6 | NOTE 1.500% 3/0 | 6,667,000 | $5.95M | 0.6% | 00.0% | Unchanged | – |
| Ventas Rlty Ltd Partnership92277GAZ0 | NOTE 3.750% 6/0 | 5,030,000 | $6.01M | 0.6% | −1,340,000−21.0% | Reduced | – |
| ARES.PBAres Management Corp | 6.75 SE B PFD | 116,100 | $6.15M | 0.6% | +44,000+61.0% | Added | History |
| AMZNAmazon Com Inc | Stock | 29,247 | $6.42M | 0.6% | −22,851−43.9% | Reduced | History |
| MSFTMicrosoft Corp | Stock | 12,909 | $6.42M | 0.6% | +3,387+35.6% | Added | History |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | 8,040,000 | $6.89M | 0.7% | +1,190,000+17.4% | Added | – |
| American WTR Cap Corp03040WBE4 | NOTE 3.625% 6/1 | 7,020,000 | $7.05M | 0.7% | +1,460,000+26.3% | Added | – |
| Okta, Inc.679295AF2 | NOTE 0.375% 6/1 | 7,402,000 | $7.06M | 0.7% | +1,060,000+16.7% | Added | – |
| Alliant Energy Corp018802AC2 | NOTE 3.875% 3/1 | 6,930,000 | $7.12M | 0.7% | −1,190,000−14.7% | Reduced | – |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | 7,006,000 | $7.50M | 0.7% | +970,000+16.1% | Added | – |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | 8,650,000 | $7.74M | 0.8% | 00.0% | Unchanged | – |
| PPL Cap FDG Inc69352PAS2 | NOTE 2.875% 3/1 | 7,260,000 | $7.84M | 0.8% | −2,130,000−22.7% | Reduced | – |
| KKR.PDKKR & Co. Inc. | 6.25 CON SER D | 152,200 | $8.16M | 0.8% | +152,200 | New | History |
| iShares Tr464288588 | MBS ETF | 89,110 | $8.37M | 0.8% | +44,025+97.6% | Added | – |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 115,800 | $8.67M | 0.9% | +35,000+43.3% | Added | – |
| Dexcom Inc252131AK3 | NOTE 0.250%11/1 | 9,150,000 | $8.98M | 0.9% | 00.0% | Unchanged | – |
| BKNGBooking Holdings Inc. | Stock | 1,600 | $9.26M | 0.9% | +400+33.3% | Added | History |
| WFC.PLWells Fargo & Company | PERP PFD CNV A | 8,200 | $9.63M | 1.0% | +400+5.1% | Added | History |
| Bank of Amer Corp060505682 | 7.25%CNV PFD L | 8,048 | $9.76M | 1.0% | +400+5.2% | Added | – |
| METAMeta Platforms, Inc. | Stock | 13,609 | $10.0M | 1.0% | +7,251+114.0% | Added | History |
| Uber Technologies, Inc90353TAM2 | NOTE 0.875%12/0 | 7,339,000 | $10.5M | 1.0% | +900,000+14.0% | Added | – |
| Schwab Strategic Tr808524698 | 5 10YR CORP BD | 551,209 | $12.5M | 1.2% | +166,675+43.3% | Added | – |
| Dimensional ETF Trust25434V872 | CORE FIXE IN ETF | 395,903 | $16.7M | 1.7% | −15,151−3.7% | Reduced | – |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 231,686 | $16.8M | 1.7% | −10,978−4.5% | Reduced | – |
| Global X FDS37954Y657 | US PFD ETF | 1,102,418 | $20.8M | 2.1% | +8,471+0.8% | Added | – |
| Vanguard S&P 500 ETF922908363 | ETF | 39,499 | $22.4M | 2.2% | −1,334−3.3% | Reduced | – |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 281,232 | $23.5M | 2.3% | +97,047+52.7% | Added | – |
| SPDR Series Trust78468R606 | ST PORT HIGH ETF | 1,054,044 | $25.1M | 2.5% | −39,906−3.6% | Reduced | – |
| J P Morgan Exchange Traded F46641Q332 | EQUITY PREMIUM | 514,292 | $29.2M | 2.9% | +2,456+0.5% | Added | – |
| Schwab U.S. REIT ETF808524847 | ETF | 1,550,514 | $32.8M | 3.3% | −222,189−12.5% | Reduced | – |
| WisdomTree Tr97717Y790 | US EFFIC CORE FD | 779,076 | $39.0M | 3.9% | −125,256−13.9% | Reduced | – |
| State Street Utilities Select Sector SPDR ETF81369Y886 | ETF | 510,801 | $41.7M | 4.1% | +63,351+14.2% | Added | – |
| iShares Core S&P 500 ETF464287200 | ETF | 68,575 | $42.6M | 4.2% | −40,629−37.2% | Reduced | – |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 229,140 | $46.9M | 4.6% | −5,563−2.4% | Reduced | – |
| Invesco Nasdaq 100 ETF46138G649 | ETF | 225,321 | $51.2M | 5.1% | −17,352−7.2% | Reduced | – |
| Global X FDS37954Y293 | GLB X MLP ENRG I | 817,266 | $51.2M | 5.1% | −7,494−0.9% | Reduced | – |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 765,073 | $75.9M | 7.5% | −31,826−4.0% | Reduced | – |
| State Street SPDR Portfolio Aggregate Bond ETF78464A649 | ETF | 2,968,636 | $76.0M | 7.5% | −118,154−3.8% | Reduced | – |
| Vanguard Total Bond Market ETF921937835 | ETF | 1,032,403 | $76.0M | 7.5% | −41,618−3.9% | Reduced | – |
Sold out since Q1 2025 (10)
Positions held at the end of Q1 2025 that are gone from this filing.
| Security | Class | Shares in Q1 2025 | Value in Q1 2025 | % of portfolio in Q1 2025 | History |
|---|---|---|---|---|---|
| Shopify Inc.82509LAA5 | NOTE 0.125%11/0 | 6,612,000 | $6.63M | 0.7% | – |
| PENPenumbra Inc | COM | 12,200 | $3.26M | 0.3% | History |
| WIXWix.com Ltd. | SHS | 15,180 | $2.48M | 0.3% | History |
| OKTAOkta, Inc. | CL A | 22,100 | $2.33M | 0.2% | History |
| TEAMAtlassian Corp | CL A | 8,900 | $1.89M | 0.2% | History |
| Wix.com Ltd.92940WAD1 | NOTE 8/1 | 1,790,000 | $1.75M | 0.2% | – |
| AZOAutoZone Inc | COM | 305 | $1.16M | 0.1% | History |
| CMGChipotle Mexican Grill Inc | COM | 20,500 | $1.03M | 0.1% | History |
| Simplify Exchange Traded Fun82889N772 | HEALTH CARE ETF | 35,000 | $1.03M | 0.1% | – |
| RYANRyan Specialty Holdings, Inc. | CL A | 13,500 | $997.2K | 0.1% | History |