# Rakuten Securities, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2009539. Source: https://holderbook.com/funds/2009539-rakuten-securities-inc/

- Reported value: $430.2M
- Positions: 914
- Weight of the ten largest: 58.4%
- Filed: 2026-08-12

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/) | $98.8M | 85,628 | 23.0% | 11 |
| SANDISK CORP | [SNDK](https://holderbook.com/stocks/SNDK/) | $54.2M | 23,828 | 12.6% | 5 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $32.1M | 160,514 | 7.5% | 11 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $12.7M | 30,282 | 3.0% | 11 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $12.7M | 34,013 | 2.9% | 11 |
| MARVELL TECHNOLOGY INC | [MRVL](https://holderbook.com/stocks/MRVL/) | $9.5M | 31,795 | 2.2% | 11 |
| SOFI TECHNOLOGIES INC | [SOFI](https://holderbook.com/stocks/SOFI/) | $9.3M | 519,016 | 2.2% | 7 |
| PALANTIR TECHNOLOGIES INC | [PLTR](https://holderbook.com/stocks/PLTR/) | $8.0M | 68,732 | 1.9% | 11 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $7.8M | 55,877 | 1.8% | 11 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $6.0M | 16,926 | 1.4% | 11 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $5.6M | 9,876 | 1.3% | 11 |
| WESTERN DIGITAL CORP | [WDC](https://holderbook.com/stocks/WDC/) | $5.2M | 8,207 | 1.2% | 11 |
| AST SPACEMOBILE INC | [ASTS](https://holderbook.com/stocks/ASTS/) | $5.1M | 57,580 | 1.2% | 8 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $4.9M | 6,656 | 1.1% | 11 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $4.9M | 12,935 | 1.1% | 11 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $4.2M | 8,848 | 1.0% | 11 |
| IONQ INC | [IONQ](https://holderbook.com/stocks/IONQ/) | $4.2M | 78,763 | 1.0% | 7 |
| ARM HOLDINGS PLC | [ARM](https://holderbook.com/stocks/ARM/) | $3.8M | 10,810 | 0.9% | 11 |
| NETFLIX INC | [NFLX](https://holderbook.com/stocks/NFLX/) | $3.8M | 53,401 | 0.9% | 11 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $3.6M | 10,191 | 0.8% | 11 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $3.6M | 6,209 | 0.8% | 11 |
| LUMENTUM HLDGS INC | [LITE](https://holderbook.com/stocks/LITE/) | $3.4M | 3,939 | 0.8% | 7 |
| SEAGATE TECHNOLOGY HLDNGS PL | [STX](https://holderbook.com/stocks/STX/) | $3.2M | 3,367 | 0.8% | 11 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $2.9M | 12,062 | 0.7% | 11 |
| APPLIED MATLS INC | [AMAT](https://holderbook.com/stocks/AMAT/) | $2.7M | 3,803 | 0.6% | 11 |
| ASTERA LABS INC | [ALAB](https://holderbook.com/stocks/ALAB/) | $2.7M | 5,590 | 0.6% | 8 |
| APPLIED OPTOELECTRONICS INC | [AAOI](https://holderbook.com/stocks/AAOI/) | $2.7M | 17,986 | 0.6% | 1 |
| IREN LIMITED | [IREN](https://holderbook.com/stocks/IREN/) | $2.7M | 58,261 | 0.6% | 3 |
| WORLD GOLD TR | [GLDM](https://holderbook.com/stocks/GLDM/) | $2.6M | 33,090 | 0.6% | 10 |
| CREDO TECHNOLOGY GROUP HOLDI | [CRDO](https://holderbook.com/stocks/CRDO/) | $2.5M | 9,203 | 0.6% | 8 |
| CLOUDFLARE INC | [NET](https://holderbook.com/stocks/NET/) | $2.5M | 10,145 | 0.6% | 11 |
| STRATEGY INC | [MSTR](https://holderbook.com/stocks/MSTR/) | $2.4M | 27,929 | 0.6% | 11 |
| BLOOM ENERGY CORP | [BE](https://holderbook.com/stocks/BE/) | $2.3M | 7,550 | 0.5% | 4 |
| COREWEAVE INC | [CRWV](https://holderbook.com/stocks/CRWV/) | $2.2M | 22,102 | 0.5% | 5 |
| RUBRIK INC. | [RBRK](https://holderbook.com/stocks/RBRK/) | $2.1M | 25,652 | 0.5% | 7 |
| QUALCOMM INC | [QCOM](https://holderbook.com/stocks/QCOM/) | $2.1M | 11,118 | 0.5% | 11 |
| SERVICENOW INC | [NOW](https://holderbook.com/stocks/NOW/) | $2.0M | 20,154 | 0.5% | 11 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $2.0M | 6,824 | 0.5% | 11 |
| VANECK ETF TRUST | [SMH](https://holderbook.com/stocks/SMH/) | $1.9M | 2,938 | 0.4% | 1 |
| ORACLE CORP | [ORCL](https://holderbook.com/stocks/ORCL/) | $1.9M | 12,915 | 0.4% | 11 |
| COINBASE GLOBAL INC | [COIN](https://holderbook.com/stocks/COIN/) | $1.8M | 12,500 | 0.4% | 11 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $1.8M | 1,505 | 0.4% | 11 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $1.7M | 30,987 | 0.4% | 10 |
| GE VERNOVA INC | [GEV](https://holderbook.com/stocks/GEV/) | $1.6M | 1,394 | 0.4% | 9 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $1.6M | 3,764 | 0.4% | 11 |
| OKLO INC | [OKLO](https://holderbook.com/stocks/OKLO/) | $1.5M | 29,048 | 0.4% | 6 |
| REDDIT INC | [RDDT](https://holderbook.com/stocks/RDDT/) | $1.5M | 8,671 | 0.3% | 8 |
| JOBY AVIATION INC | [JOBY](https://holderbook.com/stocks/JOBY/) | $1.5M | 165,521 | 0.3% | 4 |
| ADOBE INC | [ADBE](https://holderbook.com/stocks/ADBE/) | $1.4M | 6,732 | 0.3% | 11 |
| ISHARES TR | [TLT](https://holderbook.com/stocks/TLT/) | $1.4M | 15,705 | 0.3% | 10 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $1.3M | 1,689 | 0.3% | 11 |
| APPLOVIN CORP | [APP](https://holderbook.com/stocks/APP/) | $1.3M | 2,496 | 0.3% | 11 |
| VERTIV HOLDINGS CO | [VRT](https://holderbook.com/stocks/VRT/) | $1.3M | 3,803 | 0.3% | 11 |
| CORNING INC | [GLW](https://holderbook.com/stocks/GLW/) | $1.2M | 4,803 | 0.3% | 11 |
| SALESFORCE INC | [CRM](https://holderbook.com/stocks/CRM/) | $1.2M | 7,676 | 0.3% | 11 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $1.2M | 3,169 | 0.3% | 10 |
| COEUR MNG INC | [CDE](https://holderbook.com/stocks/CDE/) | $1.2M | 71,079 | 0.3% | 4 |
| PARAMOUNT SKYDANCE CORP | [PSKY](https://holderbook.com/stocks/PSKY/) | $1.1M | 115,908 | 0.3% | 3 |
| CIRCLE INTERNET GROUP INC | [CRCL](https://holderbook.com/stocks/CRCL/) | $1.1M | 18,110 | 0.3% | 4 |
| TOLL BROTHERS INC | [TOL](https://holderbook.com/stocks/TOL/) | $1.1M | 6,667 | 0.3% | 11 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $980.9K | 3,488 | 0.2% | 11 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $956.0K | 1,392 | 0.2% | 11 |
| ASML HLDG NV | [ASML](https://holderbook.com/stocks/ASML/) | $929.1K | 467 | 0.2% | 11 |
| ALTRIA GROUP INC | [MO](https://holderbook.com/stocks/MO/) | $920.7K | 12,797 | 0.2% | 11 |
| ROCKET LAB CORP | [RKLB](https://holderbook.com/stocks/RKLB/) | $917.7K | 9,028 | 0.2% | 1 |
| PFIZER INC | [PFE](https://holderbook.com/stocks/PFE/) | $907.6K | 37,692 | 0.2% | 11 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $906.1K | 2,091 | 0.2% | 7 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $832.4K | 823 | 0.2% | 11 |
| ROBINHOOD MKTS INC | [HOOD](https://holderbook.com/stocks/HOOD/) | $808.4K | 8,061 | 0.2% | 10 |
| KLA CORP | [KLAC](https://holderbook.com/stocks/KLAC/) | $770.0K | 2,552 | 0.2% | 11 |
| MERCADOLIBRE INC | [MELI](https://holderbook.com/stocks/MELI/) | $711.2K | 419 | 0.2% | 11 |
| STMICROELECTRONICS N V | [STM](https://holderbook.com/stocks/STM/) | $701.8K | 9,371 | 0.2% | 11 |
| SNOWFLAKE INC | [SNOW](https://holderbook.com/stocks/SNOW/) | $682.3K | 2,681 | 0.2% | 11 |
| DELL TECHNOLOGIES INC | [DELL](https://holderbook.com/stocks/DELL/) | $659.3K | 1,528 | 0.2% | 11 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $646.7K | 5,411 | 0.2% | 11 |
| HARMONY GOLD MNG LTD | [HMY](https://holderbook.com/stocks/HMY/) | $616.6K | 40,541 | 0.1% | 6 |
| PAYPAL HLDGS INC | [PYPL](https://holderbook.com/stocks/PYPL/) | $602.1K | 13,944 | 0.1% | 11 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $569.1K | 2,241 | 0.1% | 11 |
| ECHOSTAR CORP | [ECHO](https://holderbook.com/stocks/ECHO/) | $559.8K | 5,515 | 0.1% | 4 |
| NEWMONT CORP | [NEM](https://holderbook.com/stocks/NEM/) | $538.2K | 5,762 | 0.1% | 11 |
| MP MATERIALS CORP | [MP](https://holderbook.com/stocks/MP/) | $529.8K | 9,459 | 0.1% | 4 |
| AMPHENOL CORP | [APH](https://holderbook.com/stocks/APH/) | $518.9K | 2,943 | 0.1% | 11 |
| CONSTELLATION ENERGY CORP | [CEG](https://holderbook.com/stocks/CEG/) | $515.1K | 2,074 | 0.1% | 11 |
| TEMPUS AI INC | [TEM](https://holderbook.com/stocks/TEM/) | $507.6K | 8,763 | 0.1% | 7 |
| NOKIA CORP | [NOK](https://holderbook.com/stocks/NOK/) | $505.7K | 38,078 | 0.1% | 1 |
| PALO ALTO NETWORKS INC | [PANW](https://holderbook.com/stocks/PANW/) | $495.5K | 1,453 | 0.1% | 11 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $492.0K | 462 | 0.1% | 11 |
| ISHARES INC | [EWY](https://holderbook.com/stocks/EWY/) | $480.5K | 2,380 | 0.1% | 1 |
| ACCENTURE PLC IRELAND | [ACN](https://holderbook.com/stocks/ACN/) | $454.5K | 3,652 | 0.1% | 11 |
| HIMS & HERS HEALTH INC | [HIMS](https://holderbook.com/stocks/HIMS/) | $443.2K | 12,784 | 0.1% | 7 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $441.1K | 10,418 | 0.1% | 11 |
| DATADOG INC | [DDOG](https://holderbook.com/stocks/DDOG/) | $434.3K | 1,668 | 0.1% | 11 |
| TERADYNE INC | [TER](https://holderbook.com/stocks/TER/) | $422.4K | 873 | 0.1% | 11 |
| ISHARES TR | [ACWI](https://holderbook.com/stocks/ACWI/) | $412.8K | 2,630 | 0.1% | 3 |
| ISHARES TR | [PFF](https://holderbook.com/stocks/PFF/) | $391.7K | 12,848 | 0.1% | 10 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $388.3K | 520 | 0.1% | 11 |
| BRITISH AMERN TOB PLC | [BTI](https://holderbook.com/stocks/BTI/) | $374.0K | 6,055 | 0.1% | 11 |
| ROBLOX CORP | [RBLX](https://holderbook.com/stocks/RBLX/) | $368.3K | 6,773 | 0.1% | 11 |
| INTUITIVE SURGICAL INC | [ISRG](https://holderbook.com/stocks/ISRG/) | $361.9K | 910 | 0.1% | 11 |
| HECLA MINING COMPANY | [HL](https://holderbook.com/stocks/HL/) | $346.4K | 22,449 | 0.1% | 3 |

## 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 | +44.5% | +14.8% | +29.7% | 100% |
| Q1 2026 | -8.1% | -4.6% | -3.5% | 100% |
| Q4 2025 | -3.5% | +2.4% | -5.8% | 100% |
| Q3 2025 | +16.4% | +7.8% | +8.6% | 100% |
| Q2 2025 | +30.9% | +10.5% | +20.5% | 100% |
| Q1 2025 | -13.5% | -4.6% | -9.0% | 100% |
| Q4 2024 | -0.9% | +2.1% | -3.1% | 100% |
| Q3 2024 | -0.0% | +5.4% | -5.5% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $430.2M | 914 |
| Q1 2026 | $240.7M | 879 |
| Q4 2025 | $308.2M | 892 |
| Q3 2025 | $271.0M | 905 |
| Q2 2025 | $255.1M | 842 |
| Q1 2025 | $198.3M | 821 |
| Q4 2024 | $253.9M | 760 |
| Q3 2024 | $230.0M | 713 |
| Q2 2024 | $232.9M | 714 |
| Q1 2024 | $228.4M | 715 |
| Q4 2023 | $126.6M | 612 |