# Rafferty Asset Management, LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1389426. Source: https://holderbook.com/funds/1389426-rafferty-asset-management-llc/

- Reported value: $43.9B
- Positions: 1,133
- Weight of the ten largest: 41.0%
- Filed: 2026-08-14

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $3.6B | 3,081,122 | 8.1% | 31 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $2.6B | 12,793,123 | 5.8% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $2.0B | 3,455,156 | 4.6% | 31 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.7B | 4,476,607 | 3.9% | 31 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $1.6B | 11,127,772 | 3.5% | 31 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $1.5B | 17,250,388 | 3.4% | 31 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $1.4B | 1,931,172 | 3.2% | 31 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $1.3B | 4,339,579 | 3.0% | 31 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $1.2B | 4,090,492 | 2.8% | 21 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.2B | 2,774,672 | 2.7% | 7 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $1.0B | 5,093,198 | 2.3% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $1.0B | 3,410,936 | 2.3% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $981.3M | 3,391,118 | 2.2% | 31 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $957.3M | 2,004,572 | 2.2% | 31 |
| TEXAS INSTRS INC | [TXN](https://holderbook.com/stocks/TXN/) | $823.1M | 2,761,559 | 1.9% | 31 |
| ANALOG DEVICES INC | [ADI](https://holderbook.com/stocks/ADI/) | $784.4M | 1,975,036 | 1.8% | 31 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $775.7M | 2,079,384 | 1.8% | 31 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $733.1M | 1,515,149 | 1.7% | 31 |
| NXP SEMICONDUCTORS N V | [NXPI](https://holderbook.com/stocks/NXPI/) | $679.7M | 2,418,625 | 1.5% | 31 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $671.3M | 1,596,029 | 1.5% | 31 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $638.3M | 1,321,419 | 1.5% | 4 |
| MONOLITHIC PWR SYS INC | [MPWR](https://holderbook.com/stocks/MPWR/) | $634.9M | 459,278 | 1.4% | 31 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $621.9M | 3,365,490 | 1.4% | 31 |
| VANECK ETF TRUST | [GDX](https://holderbook.com/stocks/GDX/) | $525.2M | 6,960,342 | 1.2% | 31 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $489.7M | 246,159 | 1.1% | 31 |
| MICROCHIP TECHNOLOGY INC. | [MCHP](https://holderbook.com/stocks/MCHP/) | $474.9M | 5,207,670 | 1.1% | 31 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $416.7M | 565,821 | 0.9% | 28 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $412.1M | 1,515,415 | 0.9% | 4 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $369.1M | 1,032,816 | 0.8% | 31 |
| ON SEMICONDUCTOR CORP | [ON](https://holderbook.com/stocks/ON/) | $350.3M | 3,704,862 | 0.8% | 31 |
| ISHARES TR | [FXI](https://holderbook.com/stocks/FXI/) | $320.7M | 10,150,781 | 0.7% | 31 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $298.2M | 1,250,965 | 0.7% | 31 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $282.1M | 563,804 | 0.6% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $255.5M | 780,568 | 0.6% | 31 |
| ENTEGRIS INC | [ENTG](https://holderbook.com/stocks/ENTG/) | $250.0M | 1,389,960 | 0.6% | 31 |
| ASE TECHNOLOGY HLDG CO LTD | [ASX](https://holderbook.com/stocks/ASX/) | $249.1M | 5,521,348 | 0.6% | 19 |
| MACOM TECH SOLUTIONS HLDGS I | [MTSI](https://holderbook.com/stocks/MTSI/) | $240.7M | 632,776 | 0.5% | 4 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $225.9M | 401,011 | 0.5% | 31 |
| UNITED MICROELECTRONICS CORP | [UMC](https://holderbook.com/stocks/UMC/) | $208.2M | 7,653,378 | 0.5% | 20 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $197.5M | 1,692,922 | 0.4% | 9 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $175.7M | 495,435 | 0.4% | 9 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $174.6M | 1,486,217 | 0.4% | 31 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $165.9M | 483,477 | 0.4% | 31 |
| STMICROELECTRONICS N V | [STM](https://holderbook.com/stocks/STM/) | $161.6M | 2,158,374 | 0.4% | 20 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $158.3M | 447,892 | 0.4% | 31 |
| NOVA LTD | [NVMI](https://holderbook.com/stocks/NVMI/) | $157.9M | 290,772 | 0.4% | 4 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $132.1M | 58,090 | 0.3% | 3 |
| RAMBUS INC DEL | [RMBS](https://holderbook.com/stocks/RMBS/) | $130.7M | 984,388 | 0.3% | 4 |
| VANECK ETF TRUST | [GDXJ](https://holderbook.com/stocks/GDXJ/) | $121.0M | 1,231,566 | 0.3% | 31 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $120.7M | 235,048 | 0.3% | 31 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $116.2M | 340,725 | 0.3% | 25 |
| KRANESHARES TRUST | [KWEB](https://holderbook.com/stocks/KWEB/) | $110.0M | 4,494,602 | 0.3% | 31 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $108.4M | 1,901,845 | 0.2% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $108.3M | 90,318 | 0.2% | 30 |
| GE AEROSPACE | [GE](https://holderbook.com/stocks/GE/) | $97.9M | 262,057 | 0.2% | 20 |
| SKYWORKS SOLUTIONS INC | [SWKS](https://holderbook.com/stocks/SWKS/) | $96.9M | 1,429,761 | 0.2% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $93.5M | 683,690 | 0.2% | 30 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $90.7M | 141,930 | 0.2% | 31 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $88.8M | 605,668 | 0.2% | 26 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $88.5M | 314,646 | 0.2% | 26 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $87.8M | 90,937 | 0.2% | 21 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $87.5M | 86,484 | 0.2% | 31 |
| D R HORTON INC | [DHI](https://holderbook.com/stocks/DHI/) | $84.7M | 520,215 | 0.2% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $78.8M | 103,283 | 0.2% | 25 |
| WELLS FARGO & CO | [WFC](https://holderbook.com/stocks/WFC/) | $73.7M | 891,448 | 0.2% | 31 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $73.5M | 351,691 | 0.2% | 31 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $72.6M | 411,776 | 0.2% | 26 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $72.5M | 1,015,742 | 0.2% | 31 |
| CITIGROUP INC | [C](https://holderbook.com/stocks/C/) | $70.1M | 500,917 | 0.2% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $67.5M | 265,811 | 0.2% | 30 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $67.2M | 263,166 | 0.2% | 26 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $65.5M | 87,516 | 0.1% | 31 |
| RTX CORPORATION | [RTX](https://holderbook.com/stocks/RTX/) | $64.2M | 338,252 | 0.1% | 25 |
| ARISTA NETWORKS INC | [ANET](https://holderbook.com/stocks/ANET/) | $61.9M | 364,531 | 0.1% | 7 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $58.5M | 113,570 | 0.1% | 7 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $58.2M | 514,068 | 0.1% | 31 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $57.9M | 349,005 | 0.1% | 30 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $54.8M | 155,448 | 0.1% | 31 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $52.4M | 155,039 | 0.1% | 16 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $52.0M | 206,756 | 0.1% | 30 |
| PULTE GROUP INC | [PHM](https://holderbook.com/stocks/PHM/) | $51.6M | 375,744 | 0.1% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $50.9M | 54,457 | 0.1% | 31 |
| CADENCE DESIGN SYSTEM INC | [CDNS](https://holderbook.com/stocks/CDNS/) | $48.7M | 129,803 | 0.1% | 31 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $48.1M | 45,132 | 0.1% | 25 |
| ISHARES INC | [EWZ](https://holderbook.com/stocks/EWZ/) | $47.4M | 1,374,194 | 0.1% | 31 |
| FORTINET INC | [FTNT](https://holderbook.com/stocks/FTNT/) | $47.1M | 306,699 | 0.1% | 30 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $46.1M | 176,919 | 0.1% | 23 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $44.9M | 286,317 | 0.1% | 27 |
| SCHWAB CHARLES CORP | [SCHW](https://holderbook.com/stocks/SCHW/) | $43.9M | 476,200 | 0.1% | 31 |
| BOEING CO | [BA](https://holderbook.com/stocks/BA/) | $43.6M | 201,577 | 0.1% | 31 |
| SYNOPSYS INC | [SNPS](https://holderbook.com/stocks/SNPS/) | $42.7M | 95,672 | 0.1% | 31 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $42.4M | 98,314 | 0.1% | 8 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $42.1M | 101,264 | 0.1% | 31 |
| BLACKROCK INC | [BLK](https://holderbook.com/stocks/BLK/) | $40.5M | 42,080 | 0.1% | 7 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $39.6M | 109,431 | 0.1% | 31 |
| DBX ETF TR | [ASHR](https://holderbook.com/stocks/ASHR/) | $39.1M | 1,067,840 | 0.1% | 16 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $38.8M | 189,343 | 0.1% | 31 |
| LENNAR CORP | [LEN](https://holderbook.com/stocks/LEN/) | $38.4M | 424,580 | 0.1% | 31 |
| PROGRESSIVE CORP | [PGR](https://holderbook.com/stocks/PGR/) | $37.2M | 170,226 | 0.1% | 31 |
| CAPITAL ONE FINL CORP | [COF](https://holderbook.com/stocks/COF/) | $36.9M | 184,140 | 0.1% | 16 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +41.9% | +14.8% | +27.1% | 100% |
| Q1 2026 | +0.3% | -4.6% | +4.9% | 100% |
| Q4 2025 | +4.1% | +2.4% | +1.8% | 100% |
| Q3 2025 | +11.6% | +7.8% | +3.8% | 100% |
| Q2 2025 | +12.3% | +10.5% | +1.9% | 100% |
| Q1 2025 | -5.6% | -4.6% | -1.0% | 100% |
| Q4 2024 | -2.6% | +2.1% | -4.7% | 100% |
| Q3 2024 | +2.9% | +5.4% | -2.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $43.9B | 1,133 |
| Q1 2026 | $24.6B | 1,057 |
| Q4 2025 | $28.9B | 1,133 |
| Q3 2025 | $30.8B | 1,104 |
| Q2 2025 | $30.3B | 1,077 |
| Q1 2025 | $23.5B | 1,058 |
| Q4 2024 | $28.3B | 1,140 |
| Q3 2024 | $29.2B | 1,137 |
| Q2 2024 | $26.9B | 1,168 |
| Q1 2024 | $26.8B | 1,080 |
| Q4 2023 | $23.7B | 1,070 |
| Q3 2023 | $17.0B | 1,072 |