RATIONAL ADVISORS, INC.
CIK: 0001143565Latest portfolio: $976.0M · Q4 2025
Holdings
184
Total Value
$976.0M
New Positions
12
Closed Positions
21
Top Holdings
View All 184 Holdings →| # | Stock | Shares | Value | % Portfolio | Change | Type |
|---|---|---|---|---|---|---|
| 1 | SPABSPDR SERIES TRUST | 2,786,100 | $71.0M | 7.27% | -151,203 | |
| 2 | AGGISHARES TR | 719,181 | $71.0M | 7.27% | -37,167 | |
| 3 | BNDVANGUARD BD INDEX FDS | 970,602 | $71.0M | 7.27% | -50,013 | |
| 4 | MLPXGLOBAL X FDS | 783,498 | $47.0M | 4.82% | -24,517 | |
| 5 | IVVISHARES TR | 67,752 | $46.0M | 4.71% | -1,681 | |
| 6 | QQQMINVESCO EXCH TRADED FD TR II | 181,257 | $45.0M | 4.61% | -25,298 | |
| 7 | XLUSELECT SECTOR SPDR TR | 967,683 | $41.0M | 4.20% | +427K | |
| 8 | VIGVANGUARD SPECIALIZED FUNDS | 178,338 | $39.0M | 4.00% | -16,053 | |
| 9 | NTSXWISDOMTREE TR | 646,098 | $35.0M | 3.59% | -67,595 | |
| 10 | SCHHSCHWAB STRATEGIC TR | 1,476,372 | $30.0M | 3.07% | -57,556 | |
| 11 | JEPIJ P MORGAN EXCHANGE TRADED F | 479,454 | $27.0M | 2.77% | -27,814 | |
| 12 | SPHYSPDR SERIES TRUST | 1,002,765 | $23.0M | 2.36% | -39,117 | |
| 13 | VOOVANGUARD INDEX FDS | 33,388 | $20.0M | 2.05% | +288 | |
| 14 | PFFDGLOBAL X FDS | 1,049,537 | $19.0M | 1.95% | -19,673 | |
| 15 | DFCFDIMENSIONAL ETF TRUST | 371,289 | $15.0M | 1.54% | -17,516 | |
| 16 | SPYMSPDR SERIES TRUST | 192,951 | $15.0M | 1.54% | -19,674 | |
| 17 | AQLTISHARES TR | 177,332 | $15.0M | 1.54% | +37K | |
| 18 | SCHISCHWAB STRATEGIC TR | 514,536 | $11.0M | 1.13% | -26,144 | |
| 19 | BAC 7.25 PERP LBANK AMERICA CORP | 8,048 | $10.0M | 1.02% | — | |
| 20 | NEE 7.234 11/01/27NEXTERA ENERGY INC | 190,800 | $9.0M | 0.92% | +116K | |
| 21 | WFC 7.5 PERP LWELLS FARGO CO NEW | 8,200 | $9.0M | 0.92% | — | |
| 22 | GPN 1.5 03/01/31GLOBAL PMTS INC | 10,637,000 | $9.0M | 0.92% | +1.2M | |
| 23 | ON 0.5 03/01/29ON SEMICONDUCTOR CORP | 9,952,000 | $9.0M | 0.92% | — | |
| 24 | AWK 3.625 06/15/26AMERICAN WTR CAP CORP | 8,110,000 | $8.0M | 0.82% | +1.6M | |
| 25 | VTR 3.75 06/01/26VENTAS RLTY LTD PARTNERSHIP | 6,310,000 | $8.0M | 0.82% | — |
Quarterly Changes
New Positions
Increased Positions
| Name | Shares | Change |
|---|---|---|
| AWK 3.625 06/15/26 | 8.1M | +1.6M |
| PPL 2.875 03/15/28 | 7.2M | +910K |
| MTH 1.75 05/15/28 | 7.5M | +520K |
| XLU | 968K | +427K |
| AQLT | 177K | +37K |
| CCL | 139K | +35K |
| MCHP 7.5 03/15/28 | 90K | +20K |
| CSCO | 12K | +11K |
| CRM | 5K | +5K |
| GOOG | 8K | +4K |
Decreased Positions
| Name | Shares | Change |
|---|---|---|
| F 0 03/15/26 | 5.2M | -1540000 |
| FOUR 0.5 08/01/27 | 4.3M | -1460000 |
| UBER 0.875 12/01/28 2028 | 6.1M | -1250000 |
| SPAB | 2.8M | -151203 |
| NTSX | 646K | -67595 |
| SCHH | 1.5M | -57556 |
| SPHY | 1.0M | -39117 |
| AGG | 719K | -37167 |
| JEPI | 479K | -27814 |
| SCHI | 515K | -26144 |
Sector Breakdown
Financial Services0.0% ($7.100071000710005e+132T)
Unknown0.0% ($1.50001000090009e+118T)
Technology0.0% ($4.000400030002e+56T)
Consumer Cyclical0.0% ($4.000400020001e+22T)
Healthcare0.0% ($200010000000000.0T)
Communication Services0.0% ($60003000300020.0T)
Industrials0.0% ($30000000000.0T)
Consumer Defensive0.0% ($30.0B)
Utilities0.0% ($1.0B)
Real Estate0.0% ($300.0M)
Energy0.0% ($10.0M)
Basic Materials0.0% ($0)
Filing History
| Quarter | Filing Date | Portfolio Value | Holdings |
|---|---|---|---|
| Q4 2025 | Feb 10, 2026 | $976.0M | 229 |
| Q3 2025 | Nov 12, 2025 | $1.0T | 240 |
| Q2 2025 | Jul 31, 2025 | $1.0T | 234 |
| Q1 2025 | May 1, 2025 | $990.9B | 131 |
| Q4 2024 | Jan 31, 2025 | $1.0T | 116 |
| Q3 2024 | Oct 30, 2024 | $1.0T | 180 |
| Q2 2024 | Jul 25, 2024 | $1.0T | 204 |
| Q1 2024 | Apr 23, 2024 | $1.1T | 227 |
| Q4 2023 | Feb 14, 2024 | $3.7T | 439 |
| Q3 2023 | Nov 9, 2023 | $1.1T | 311 |
| Q2 2023 | Aug 8, 2023 | $1.2T | 340 |
| Q1 2023 | May 12, 2023 | $1.2T | 312 |
| Q4 2022 | Feb 7, 2023 | $1.2B | 293 |
| Q3 2022 | Nov 8, 2022 | $1.3B | 294 |
| Q2 2022 | Aug 9, 2022 | $1.4B | 294 |
| Q1 2022 | May 10, 2022 | $1.7B | 298 |
| Q4 2021 | Feb 10, 2022 | $1.6B | 207 |
| Q3 2021 | Nov 9, 2021 | $1.3B | 207 |
| Q2 2021 | Aug 6, 2021 | $847.8M | 141 |
| Q1 2021 | May 10, 2021 | $541.2M | 195 |
| Q4 2020 | Feb 5, 2021 | $372.7M | 229 |
| Q3 2020 | Nov 12, 2020 | $233.4M | 792 |
| Q2 2020 | Aug 10, 2020 | $193.2M | 629 |
| Q1 2020 | May 12, 2020 | $137.0M | 193 |
| Q4 2019 | Feb 6, 2020 | $213.1M | 708 |
| Q3 2019 | Nov 6, 2019 | $258.2M | 790 |
| Q2 2019 | Aug 8, 2019 | $281.9M | 811 |
| Q1 2019 | May 8, 2019 | $369.7M | 763 |
| Q4 2018 | Feb 7, 2019 | $320.2M | 732 |
| Q3 2018 | Nov 8, 2018 | $418.0M | 747 |
| Q2 2018 | Aug 7, 2018 | $212.9M | 785 |
| Q1 2018 | May 18, 2018 | $211.9M | 774 |
| Q4 2017 | Feb 8, 2018 | $193.0M | 366 |
| Q3 2017 | Nov 8, 2017 | $186.9M | 416 |
| Q2 2017 | Aug 2, 2017 | $160.5M | 401 |
| Q1 2017 | May 9, 2017 | $152.2M | 329 |
| Q4 2016 | Feb 8, 2017 | $104.8M | 235 |
| Q3 2016 | Nov 10, 2016 | $151.9M | 347 |
| Q2 2016 | Aug 10, 2016 | $144.1M | 247 |
| Q1 2016 | May 11, 2016 | $152.5M | 257 |
Fund Information
RATIONAL ADVISORS, INC. is an institutional investment manager that files 13F reports with the SEC. As of the Q4 2025 filing, the fund reported a portfolio valued at $976.0M across 184 holdings. The largest position is SPDR SERIES TRUST (SPAB), representing 7.3% of the portfolio. Compared to the previous quarter, the fund opened 12 new positions and closed 21 positions. 13F filings are required quarterly disclosures that provide transparency into the holdings of institutional investment managers with at least $100 million in qualifying assets.