RATIONAL ADVISORS, INC. Q3 2025 Filing

Filed November 12, 2025

Portfolio Value

$1.0T

Holdings

193

Report Date

Q3 2025

Filing Type

13F-HR

All Holdings (193 positions)

#StockSharesValue% PortfolioType
1
SPABSPDR SERIES TRUST
2,937,303$75.9B7.55%
2
BNDVANGUARD BD INDEX FDS
1,020,615$75.9B7.55%
3
AGGISHARES TR
756,348$75.8B7.54%
4
QQQMINVESCO EXCH TRADED FD TR II
206,555$51.0B5.08%
5
MLPXGLOBAL X FDS
808,015$50.7B5.04%
6
XLUSELECT SECTOR SPDR TR
540,865$47.2B4.69%
7
IVVISHARES TR
69,433$46.5B4.62%
8
VIGVANGUARD SPECIALIZED FUNDS
194,391$41.9B4.17%
9
NTSXWISDOMTREE TR
713,693$38.5B3.83%
10
SCHHSCHWAB STRATEGIC TR
1,533,928$33.1B3.29%
11
JEPIJ P MORGAN EXCHANGE TRADED F
507,268$29.0B2.88%
12
SPHYSPDR SERIES TRUST
1,041,882$24.9B2.48%
13
PFFDGLOBAL X FDS
1,069,210$20.8B2.07%
14
VOOVANGUARD INDEX FDS
33,100$20.3B2.02%
15
SPYMSPDR SERIES TRUST
212,625$16.7B1.66%
16
DFCFDIMENSIONAL ETF TRUST
388,805$16.6B1.65%
17
SCHISCHWAB STRATEGIC TR
540,680$12.5B1.24%
18
AQLTISHARES TR
140,180$12.2B1.22%
19
UBER 0.875 12/01/28 2028UBER TECHNOLOGIES INC
7,339,000$10.8B1.07%
20
BAC 7.25 PERP LBANK AMERICA CORP
8,048$10.3B1.02%
21
WFC 7.5 PERP LWELLS FARGO CO NEW
8,200$10.1B1.01%
22
ON 0.5 03/01/29ON SEMICONDUCTOR CORP
9,952,000$9.2B0.91%
23
GPN 1.5 03/01/31GLOBAL PMTS INC
9,457,000$8.7B0.86%
24
GOOGLALPHABET INC
35,303$8.6B0.85%
25161,600$8.5B0.84%
26
VTR 3.75 06/01/26VENTAS RLTY LTD PARTNERSHIP
6,310,000$8.1B0.81%
27
MBBISHARES TR
85,050$8.1B0.81%
28
LNT 3.875 03/15/26ALLIANT ENERGY CORP
6,930,000$7.5B0.74%
29
METAMETA PLATFORMS INC
10,013$7.4B0.73%
30
IEMGISHARES INC
109,392$7.2B0.72%
31
MTH 1.75 05/15/28MERITAGE HOMES CORP
7,022,000$7.2B0.71%
32
PPL 2.875 03/15/28PPL CAP FDG INC
6,280,000$7.2B0.71%
338,040,000$7.1B0.71%
34
F 0 03/15/26FORD MTR CO
6,740,000$6.8B0.68%
35
AMZNAMAZON COM INC
30,910$6.8B0.68%
36
MSFTMICROSOFT CORP
13,045$6.8B0.67%
37
AWK 3.625 06/15/26AMERICAN WTR CAP CORP
6,510,000$6.5B0.65%
38
HPE 7.625 09/01/27HEWLETT PACKARD ENTERPRISE C
89,140$6.1B0.60%
39
FOUR 0.5 08/01/27SHIFT4 PMTS INC
5,746,000$5.7B0.56%
40
AAPLAPPLE INC
20,397$5.2B0.52%
41
DKNG 0 03/15/28DRAFTKINGS INC NEW
5,780,000$5.2B0.52%
42
TSLATESLA INC
11,544$5.1B0.51%
43
WMTWALMART INC
47,191$4.9B0.48%
44
NFLXNETFLIX INC
3,998$4.8B0.48%
45
NOWSERVICENOW INC
4,764$4.4B0.44%
46
BABINVESCO EXCH TRADED FD TR II
154,918$4.2B0.42%
47
MCHP 7.5 03/15/28MICROCHIP TECHNOLOGY INC.
70,100$4.1B0.41%
48
COSTCOSTCO WHSL CORP NEW
4,314$4.0B0.40%
494,032,000$3.9B0.39%
50
MOG/AMOOG INC
18,300$3.8B0.38%
51
UBERUBER TECHNOLOGIES INC
38,320$3.8B0.37%
52
SPYSPDR S&P 500 ETF TR
5,606$3.7B0.37%
53
MPWRMONOLITHIC PWR SYS INC
3,900$3.6B0.36%
54
INTUINTUIT
5,180$3.5B0.35%
55
NEE 7.234 11/01/27NEXTERA ENERGY INC
74,400$3.5B0.35%
56
TJXTJX COS INC NEW
24,000$3.5B0.35%
57
SPOTSPOTIFY TECHNOLOGY S A
4,775$3.3B0.33%
58
APOAPOLLO GLOBAL MGMT INC
24,780$3.3B0.33%
59
ITTITT INC
18,300$3.3B0.33%
60
BXBLACKSTONE INC
18,654$3.2B0.32%
61
NVDANVIDIA CORPORATION
16,972$3.2B0.32%
62
KKRKKR & CO INC
23,350$3.0B0.30%
63
CCLCARNIVAL CORP
103,500$3.0B0.30%
64
MLB1MERCADOLIBRE INC
1,250$2.9B0.29%
65
AXPAMERICAN EXPRESS CO
8,704$2.9B0.29%
66
LYVLIVE NATION ENTERTAINMENT IN
16,516$2.7B0.27%
67
EXPEEXPEDIA GROUP INC
10,500$2.2B0.22%
68
PRO 2.25 09/15/27PROS HOLDINGS INC
2,211,000$2.2B0.22%
69
ARES 6.75 10/01/27 BARES MANAGEMENT CORPORATION
42,100$2.1B0.21%
70
APO 6.75 07/31/26APOLLO GLOBAL MGMT INC
29,700$2.1B0.21%
71
VVISA INC
5,657$1.9B0.19%
72
AVGOBROADCOM INC
5,570$1.8B0.18%
73
SHOPSHOPIFY INC
12,200$1.8B0.18%
74
BNBROOKFIELD CORP
25,500$1.7B0.17%
75
PODDINSULET CORP
4,400$1.4B0.14%
76
JPMJPMORGAN CHASE & CO.
3,769$1.2B0.12%
77
GSGOLDMAN SACHS GROUP INC
1,450$1.2B0.11%
78
PLTRPALANTIR TECHNOLOGIES INC
6,230$1.1B0.11%
79
TSMTAIWAN SEMICONDUCTOR MFG LTD
3,914$1.1B0.11%
80
EBAEBAY INC.
11,900$1.1B0.11%
81
HBC2HSBC HLDGS PLC
14,685$1.0B0.10%
82
COIN 0.25 04/01/30COINBASE GLOBAL INC
800,000$1.0B0.10%
83
ETSYETSY INC
15,100$1.0B0.10%
84
CMGCHIPOTLE MEXICAN GRILL INC
25,000$979.8M0.10%
85
ABBVABBVIE INC
4,186$969.2M0.10%
86
LLYELI LILLY & CO
1,176$897.3M0.09%
87
IBMINTERNATIONAL BUSINESS MACHS
3,119$880.1M0.09%
88
GOOGALPHABET INC
3,440$837.8M0.08%
89
BRK/BBERKSHIRE HATHAWAY INC DEL
1,639$824.0M0.08%
90
SNPSSYNOPSYS INC
1,616$797.3M0.08%
91
HOODROBINHOOD MKTS INC
5,488$785.8M0.08%
92
XOMEXXON MOBIL CORP
6,885$776.3M0.08%
93
ITA*ISHARES TR
3,703$774.9M0.08%
94
HDHOME DEPOT INC
1,903$771.1M0.08%
95
CDNSCADENCE DESIGN SYSTEM INC
2,159$758.4M0.08%
96
ORCLORACLE CORP
2,614$735.2M0.07%
97
IHAKISHARES TR
12,641$661.5M0.07%
98
MCDMCDONALDS CORP
1,870$568.3M0.06%
99
PANWPALO ALTO NETWORKS INC
2,772$564.4M0.06%
100
HONHONEYWELL INTL INC
2,672$562.5M0.06%
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