Rational Advisors LLC
- SEC CIK
- 0001143565
- Latest filing
- Jul 24, 2026
Holdings in Q4 2025
Holdings as of Dec 31, 2025, filed Feb 10, 2026. Long positions only; changes compare share counts with Q3 2025.
- Positions
- 184
- −9 vs. Q3 2025
- Portfolio value
- $976.5M
- −$28.8M (−2.9%) vs. Q3 2025
| Security | Class | Shares | Value | % of portfolio | Share change | Action | History |
|---|---|---|---|---|---|---|---|
| Vanguard Total Bond Market ETF921937835 | ETF | 970,602 | $71.9M | 7.4% | −50,013−4.9% | Reduced | – |
| iShares Core U.S. Aggregate Bond ETF464287226 | ETF | 719,181 | $71.8M | 7.4% | −37,167−4.9% | Reduced | – |
| State Street SPDR Portfolio Aggregate Bond ETF78464A649 | ETF | 2,786,100 | $71.7M | 7.3% | −151,203−5.1% | Reduced | – |
| Global X FDS37954Y293 | GLB X MLP ENRG I | 783,498 | $47.4M | 4.9% | −24,517−3.0% | Reduced | – |
| iShares Core S&P 500 ETF464287200 | ETF | 67,752 | $46.4M | 4.8% | −1,681−2.4% | Reduced | – |
| Invesco Nasdaq 100 ETF46138G649 | ETF | 181,257 | $45.8M | 4.7% | −25,298−12.2% | Reduced | – |
| State Street Utilities Select Sector SPDR ETF81369Y886 | ETF | 967,683 | $41.3M | 4.2% | −114,047−10.5% | ReducedConverted for a 2-for-1 split | – |
| Vanguard Dividend Appreciation ETF921908844 | ETF | 178,338 | $39.2M | 4.0% | −16,053−8.3% | Reduced | – |
| WisdomTree Tr97717Y790 | US EFFIC CORE FD | 646,098 | $35.4M | 3.6% | −67,595−9.5% | Reduced | – |
| Schwab U.S. REIT ETF808524847 | ETF | 1,476,372 | $30.8M | 3.2% | −57,556−3.8% | Reduced | – |
| J P Morgan Exchange Traded F46641Q332 | EQUITY PREMIUM | 479,454 | $27.4M | 2.8% | −27,814−5.5% | Reduced | – |
| SPDR Series Trust78468R606 | ST PORT HIGH ETF | 1,002,765 | $23.7M | 2.4% | −39,117−3.8% | Reduced | – |
| Vanguard S&P 500 ETF922908363 | ETF | 33,388 | $20.9M | 2.1% | +288+0.9% | Added | – |
| Global X FDS37954Y657 | US PFD ETF | 1,049,537 | $19.8M | 2.0% | −19,673−1.8% | Reduced | – |
| iShares Core MSCI Eafe ETF46432F842 | ETF | 177,332 | $15.9M | 1.6% | +37,152+26.5% | Added | – |
| Dimensional ETF Trust25434V872 | CORE FIXE IN ETF | 371,289 | $15.8M | 1.6% | −17,516−4.5% | Reduced | – |
| State Street SPDR Portfolio S&P 500 ETF78464A854 | ETF | 192,951 | $15.5M | 1.6% | −19,674−9.3% | Reduced | – |
| Schwab Strategic Tr808524698 | 5 10YR CORP BD | 514,536 | $11.8M | 1.2% | −26,144−4.8% | Reduced | – |
| Bank of Amer Corp060505682 | 7.25%CNV PFD L | 8,048 | $10.1M | 1.0% | 00.0% | Unchanged | – |
| WFC.PLWells Fargo & Company | PERP PFD CNV A | 8,200 | $9.94M | 1.0% | 00.0% | Unchanged | History |
| Global PMTS Inc37940XAU6 | NOTE 1.500% 3/0 | 10,637,000 | $9.54M | 1.0% | +1,180,000+12.5% | Added | – |
| On Semiconductor Corp682189AU9 | NOTE 0.500% 3/0 | 9,952,000 | $9.41M | 1.0% | 00.0% | Unchanged | – |
| NEE.PTNextera Energy Inc | UNIT 11/01/2027 | 190,800 | $9.30M | 1.0% | +116,400+156.5% | Added | History |
| Ventas Rlty Ltd Partnership92277GAZ0 | NOTE 3.750% 6/0 | 6,310,000 | $8.91M | 0.9% | 00.0% | Unchanged | – |
| American WTR Cap Corp03040WBE4 | NOTE 3.625% 6/1 | 8,110,000 | $8.08M | 0.8% | +1,600,000+24.6% | Added | – |
| ARES.PBAres Management Corp | 6.75 SE B PFD | 158,000 | $7.96M | 0.8% | +115,900+275.3% | Added | History |
| Uber Technologies, Inc90353TAM2 | NOTE 0.875%12/0 | 6,089,000 | $7.90M | 0.8% | −1,250,000−17.0% | Reduced | – |
| PPL Cap FDG Inc69352PAS2 | NOTE 2.875% 3/1 | 7,190,000 | $7.89M | 0.8% | +910,000+14.5% | Added | – |
| KKR.PDKKR & Co. Inc. | 6.25 CON SER D | 150,400 | $7.80M | 0.8% | −11,200−6.9% | Reduced | History |
| iShares Tr464288588 | MBS ETF | 81,858 | $7.79M | 0.8% | −3,192−3.8% | Reduced | – |
| Meritage Homes CORP59001ABF8 | NOTE 1.750% 5/1 | 7,542,000 | $7.42M | 0.8% | +520,000+7.4% | Added | – |
| GOOGLAlphabet Inc. | Stock | 23,599 | $7.39M | 0.8% | −11,704−33.2% | Reduced | History |
| SPYSPDR S&P 500 ETF Trust | ETF | 10,760 | $7.34M | 0.8% | +5,154+91.9% | Added | History |
| Alliant Energy Corp018802AC2 | NOTE 3.875% 3/1 | 6,930,000 | $7.20M | 0.7% | 00.0% | Unchanged | – |
| Etsy Inc29786AAN6 | NOTE 0.250% 6/1 | 8,040,000 | $7.17M | 0.7% | 00.0% | Unchanged | – |
| HPE.PCHewlett Packard Enterprise Co | 7.625 MAND CONV | 89,440 | $5.96M | 0.6% | +300+0.3% | Added | History |
| MSFTMicrosoft Corp | Stock | 12,166 | $5.88M | 0.6% | −879−6.7% | Reduced | History |
| AMZNAmazon Com Inc | Stock | 24,775 | $5.72M | 0.6% | −6,135−19.8% | Reduced | History |
| Ford MTR Co Del345370CZ1 | NOTE 3/1 | 5,200,000 | $5.40M | 0.6% | −1,540,000−22.8% | Reduced | – |
| AAPLApple Inc. | Stock | 19,524 | $5.31M | 0.5% | −873−4.3% | Reduced | History |
| DraftKings Inc.26142RAB0 | NOTE 3/1 | 5,780,000 | $5.28M | 0.5% | 00.0% | Unchanged | – |
| MCHPPMicrochip Technology Inc | DEP SHS REPSTG | 89,600 | $5.22M | 0.5% | +19,500+27.8% | Added | History |
| CCLCarnival Corp Ltd. | UNIT 99/99/9999 | 138,600 | $4.23M | 0.4% | +35,100+33.9% | Added | History |
| METAMeta Platforms, Inc. | Stock | 6,394 | $4.22M | 0.4% | −3,619−36.1% | Reduced | History |
| SHIFT4 PMTS Inc82452JAD1 | NOTE 0.500% 8/0 | 4,286,000 | $4.12M | 0.4% | −1,460,000−25.4% | Reduced | – |
| WMTWalmart Inc. | Stock | 36,506 | $4.07M | 0.4% | −10,685−22.6% | Reduced | History |
| NOWServiceNow, Inc. | Stock | 25,839 | $3.96M | 0.4% | +2,019+8.5% | AddedConverted for a 5-for-1 split | History |
| Okta, Inc.679295AF2 | NOTE 0.375% 6/1 | 4,032,000 | $3.94M | 0.4% | 00.0% | Unchanged | – |
| WELLWelltower Inc. | REIT | 21,000 | $3.90M | 0.4% | +21,000 | New | History |
| Invesco Exch Traded FD Tr II46138G805 | TAXABLE MUN BD | 143,256 | $3.90M | 0.4% | −11,662−7.5% | Reduced | – |
| TDGTransDigm Group INC | COM | 2,917 | $3.88M | 0.4% | +2,901+18,131.3% | Added | History |
| ATIAti Inc | Stock | 33,400 | $3.83M | 0.4% | +33,400 | New | History |
| MOG.AMoog Inc. | CL A | 14,900 | $3.63M | 0.4% | −3,400−18.6% | Reduced | History |
| ITTItt Inc. | COM | 20,000 | $3.47M | 0.4% | +1,700+9.3% | Added | History |
| LLYEli Lilly & Co | Stock | 2,925 | $3.14M | 0.3% | +1,749+148.7% | Added | History |
| MELIMercadolibre Inc | COM | 1,525 | $3.07M | 0.3% | +275+22.0% | Added | History |
| SPOTSpotify Technology S.A. | Stock | 5,275 | $3.06M | 0.3% | +500+10.5% | Added | History |
| COSTCostco Wholesale Corp | Stock | 3,488 | $3.01M | 0.3% | −826−19.1% | Reduced | History |
| INTUIntuit Inc. | Stock | 4,521 | $2.99M | 0.3% | −659−12.7% | Reduced | History |
| NVDANVIDIA Corp | Stock | 15,870 | $2.96M | 0.3% | −1,102−6.5% | Reduced | History |
| MDTMedtronic plc | Stock | 30,400 | $2.92M | 0.3% | +30,400 | New | History |
| NFLXNetflix Inc | Stock | 30,152 | $2.83M | 0.3% | −9,828−24.6% | ReducedConverted for a 10-for-1 split | History |
| UBERUber Technologies, Inc | Stock | 34,424 | $2.81M | 0.3% | −3,896−10.2% | Reduced | History |
| CFGCitizens Financial Group Inc | COM | 45,100 | $2.63M | 0.3% | +45,100 | New | History |
| Halozyme Therapeutics, Inc.40637HAD1 | NOTE 0.250% 3/0 | 2,440,000 | $2.63M | 0.3% | +2,440,000 | New | – |
| APOApollo Global Management, Inc. | COM | 18,087 | $2.62M | 0.3% | −6,693−27.0% | Reduced | History |
| TJXTJX Companies Inc | Stock | 16,950 | $2.60M | 0.3% | −7,050−29.4% | Reduced | History |
| BRK.BBerkshire Hathaway Inc | Stock | 4,916 | $2.47M | 0.3% | +3,277+199.9% | Added | History |
| GOOGAlphabet Inc. | Stock | 7,757 | $2.43M | 0.2% | +4,317+125.5% | Added | History |
| KKRKKR & Co. Inc. | COM | 18,925 | $2.41M | 0.2% | −4,425−19.0% | Reduced | History |
| AXPAmerican Express Co | Stock | 6,204 | $2.30M | 0.2% | −2,500−28.7% | Reduced | History |
| BXBlackstone Inc. | COM | 14,709 | $2.27M | 0.2% | −3,945−21.1% | Reduced | History |
| PROS Holdings, Inc.74346YAG8 | NOTE 2.250% 9/1 | 2,211,000 | $2.21M | 0.2% | 00.0% | Unchanged | – |
| SCHWSchwab Charles Corp | Stock | 22,000 | $2.20M | 0.2% | +18,500+528.6% | Added | History |
| TSMTaiwan Semiconductor Manufacturing Co Ltd | ADR | 7,082 | $2.15M | 0.2% | +3,168+80.9% | Added | History |
| Datadog, Inc.23804LAD5 | NOTE 12/0 | 2,150,000 | $2.14M | 0.2% | +2,150,000 | New | – |
| Apollo Global Mgmt Inc03769M304 | SER A MAND CNV | 27,100 | $2.05M | 0.2% | −2,600−8.8% | Reduced | – |
| TSLATesla, Inc. | Stock | 4,277 | $1.92M | 0.2% | −7,267−63.0% | Reduced | History |
| AVGOBroadcom Inc. | Stock | 5,355 | $1.85M | 0.2% | −215−3.9% | Reduced | History |
| XOMExxonMobil Holdings Corp | COM | 14,699 | $1.77M | 0.2% | +7,814+113.5% | Added | History |
| MCDMcDonalds Corp | Stock | 5,774 | $1.76M | 0.2% | +3,904+208.8% | Added | History |
| JPMJPMorgan Chase & Co | Stock | 5,464 | $1.76M | 0.2% | +1,695+45.0% | Added | History |
| PLTRPalantir Technologies Inc. | Stock | 8,440 | $1.50M | 0.2% | +2,210+35.5% | Added | History |
| SBUXStarbucks Corp | Stock | 15,900 | $1.34M | 0.1% | +15,900 | New | History |
| CRMSalesforce, Inc. | Stock | 4,981 | $1.32M | 0.1% | +4,703+1,691.7% | Added | History |
| IBMInternational Business Machines Corp | Stock | 4,061 | $1.20M | 0.1% | +942+30.2% | Added | History |
| ABBVAbbVie Inc. | Stock | 4,903 | $1.12M | 0.1% | +717+17.1% | Added | History |
| CATCaterpillar Inc | Stock | 1,881 | $1.08M | 0.1% | +759+67.6% | Added | History |
| GEVGE Vernova Inc. | Stock | 1,600 | $1.05M | 0.1% | +1,600 | New | History |
| WMBWilliams Companies, Inc. | COM | 16,594 | $997.5K | 0.1% | +12,957+356.3% | Added | History |
| NVSNovartis AG | ADR | 7,186 | $990.7K | 0.1% | +3,080+75.0% | Added | History |
| GEGeneral Electric Co | Stock | 3,194 | $983.8K | 0.1% | +1,469+85.2% | Added | History |
| WRBYWarby Parker Inc. | CL A COM | 43,500 | $947.9K | 0.1% | +43,500 | New | History |
| ISRGIntuitive Surgical Inc | COM NEW | 1,665 | $943.0K | 0.1% | +530+46.7% | Added | History |
| CSCOCisco Systems, Inc. | Stock | 12,014 | $925.4K | 0.1% | +10,840+923.3% | Added | History |
| BKNGBooking Holdings Inc. | Stock | 162 | $867.6K | 0.1% | +162 | New | History |
| PANWPalo Alto Networks Inc | Stock | 4,463 | $822.1K | 0.1% | +1,691+61.0% | Added | History |
| DEDeere & Co | Stock | 1,737 | $808.7K | 0.1% | +1,658+2,098.7% | Added | History |
| HSBCHSBC Holdings PLC | SPON ADR NEW | 9,800 | $771.0K | 0.1% | −4,885−33.3% | Reduced | History |
| iShares Tr464288760 | US AER DEF ETF | 3,583 | $769.2K | 0.1% | −120−3.2% | Reduced | – |
Sold out since Q3 2025 (21)
Positions held at the end of Q3 2025 that are gone from this filing.
| Security | Class | Shares in Q3 2025 | Value in Q3 2025 | % of portfolio in Q3 2025 | History |
|---|---|---|---|---|---|
| iShares Core MSCI Emerging Markets ETF46434G103 | ETF | 109,392 | $7.21M | 0.7% | – |
| MPWRMonolithic Power Systems, Inc. | COM | 3,900 | $3.59M | 0.4% | History |
| EXPEExpedia Group, Inc. | Stock | 10,500 | $2.24M | 0.2% | History |
| SHOPShopify Inc. | Stock | 12,200 | $1.81M | 0.2% | History |
| BNBROOKFIELD Corp | CL A LTD VT SH | 25,500 | $1.75M | 0.2% | History |
| PODDInsulet Corp | Stock | 4,400 | $1.36M | 0.1% | History |
| EBAYeBay Inc | COM | 11,900 | $1.08M | 0.1% | History |
| Coinbase Global, Inc.19260QAF4 | NOTE 0.250% 4/0 | 800,000 | $1.00M | 0.1% | – |
| ETSYEtsy Inc | COM | 15,100 | $1.00M | 0.1% | History |
| CMGChipotle Mexican Grill Inc | COM | 25,000 | $979.8K | 0.1% | History |
| HOODRobinhood Markets, Inc. | Stock | 5,488 | $785.8K | 0.1% | History |
| HONHoneywell International Inc | COM | 2,672 | $562.5K | 0.1% | History |
| PLDPrologis, Inc. | REIT | 2,980 | $341.3K | <0.1% | History |
| AMTAmerican Tower Corp | REIT | 1,748 | $336.2K | <0.1% | History |
| ALBAlbemarle Corp | Stock | 3,610 | $292.7K | <0.1% | History |
| AFRMAffirm Holdings, Inc. | COM CL A | 4,000 | $292.3K | <0.1% | History |
| CALXCalix, Inc | COM | 4,637 | $284.6K | <0.1% | History |
| EAElectronic Arts Inc. | COM | 1,400 | $282.4K | <0.1% | History |
| VRNSVaronis Systems Inc | COM | 2,044 | $117.5K | <0.1% | History |
| BAHBooz Allen Hamilton Holding Corp | CL A | 671 | $67.1K | <0.1% | History |
| SAICScience Applications International Corp | COM | 649 | $64.5K | <0.1% | History |