SEC 13F Intelligence

Managers / Q4 2023 · view latest →

Rakuten Securities, Inc.

CIK 0002009539 · 2-6-21 MINAMI-AOYAMA, MINATO-KU, TOKYO, M0, 107-0062 · 813-6739-1700

Reported Value
$127M
Q4 2023
Positions
612
Filings on Record
11
2019–present window
Filed
Jan 31, 2024
original filing

Summary

Rakuten Securities, Inc. reported $127M in U.S.-listed holdings across 612 positions for Q4 2023.

Its largest position, NVDA, represents 16.6% of the portfolio.

Portfolio Metrics

Top-10 Concentration
+50.8%
share of reported value
Largest Position
+16.6%
Nvidia Corporation

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’23: $127MQ4 ’23Q1 ’24: $228MQ2 ’24: $233MQ2 ’24Q3 ’24: $230MQ4 ’24: $254MQ4 ’24Q1 ’25: $198MQ2 ’25: $255MQ2 ’25Q3 ’25: $271MQ4 ’25: $308MQ4 ’25Q1 ’26: $241Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 81.2%ETP: 6.8%Other: 6.4%ADR: 5.6%NY Reg Shrs: 0.0%
  • Common Stock · 81.2% · $103M
  • ETP · 6.8% · $9M
  • Other · 6.4% · $8M
  • ADR · 5.6% · $7M
  • NY Reg Shrs · 0.0% · $5,592

Quarter-over-Quarter Changes full breakdown →

IssuerMoveShare ΔShares nowValue ΔValue now
NVDANVIDIA CORPORATIONNEW+42.3K42.3K+$21M$21M
TSLATESLA INCNEW+49.9K49.9K+$12M$12M
MDBMONGODB INCNEW+12.9K12.9K+$5M$5M
IOTSAMSARA INCNEW+150.0K150.0K+$5M$5M
MSFTMICROSOFT CORPNEW+13.2K13.2K+$5M$5M
ARCH CAP GROUP LTDNEW+50.5K50.5K+$4M$4M
DUOLDUOLINGO INCNEW+13.6K13.6K+$3M$3M
MONDAY COM LTDNEW+16.3K16.3K+$3M$3M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q4 2023

49 positions
#IssuerClass% PortfolioValueShares
1NVDANVIDIA CORPORATIONhistory →COM16.56%$21M42.3K
2TSLATESLA INChistory →COM9.80%$12M49.9K
3MDBMONGODB INChistory →CL A4.18%$5M12.9K
4IOTSAMSARA INChistory →COM CL A3.96%$5M150.0K
5MSFTMICROSOFT CORPhistory →COM3.94%$5M13.2K
6VANGUARD INDEX FDSTOTAL STK MKT · S&P 500 ETF SHS3.33%$4M15.3K
7ARCH CAP GROUP LTDORD2.96%$4M50.5K
8DUOLDUOLINGO INChistory →CL A COM2.44%$3M13.6K
9MONDAY COM LTDSHS2.41%$3M16.3K
10NDQINVESCO QQQ TRhistory →UNIT SER 12.21%$3M6.8K
11COINCOINBASE GLOBAL INChistory →COM CL A2.18%$3M15.9K
12METAMETA PLATFORMS INChistory →CL A1.99%$3M7.1K
13AAPLAPPLE INChistory →COM1.57%$2M10.3K
14PLTRPALANTIR TECHNOLOGIES INChistory →CL A1.51%$2M111.2K
15AMDADVANCED MICRO DEVICES INChistory →COM1.49%$2M12.8K
16CRWDCROWDSTRIKE HLDGS INChistory →CL A1.16%$1M5.8K
17ARMARM HOLDINGS PLChistory →SPONSORED ADR1.14%$1M19.2K
18PFEPFIZER INChistory →COM1.08%$1M47.6K
19AVGOBROADCOM INChistory →COM1.07%$1M1.2K
20GOOGLALPHABET INC-ACAP STK CL A0.90%$1M8.2K
21AMZNAMAZON COM INCCOM0.85%$1M7.1K
22SPDR S&P 500 ETF TRTR UNIT0.85%$1M2.3K
23AFRMAFFIRM HLDGS INCCOM CL A0.83%$1M21.4K
24MUMICRON TECHNOLOGY INCCOM0.75%$946,50611.1K
25BABAALIBABA GROUP HLDG LTDSPONSORED ADS0.74%$931,36012.0K
26SMCIUSDSUPER MICRO COMPUTER INCCOM0.67%$849,0853.0K
27NFLXNETFLIX INCCOM0.65%$827,6961.7K
28LLYELI LILLY & COCOM0.65%$824,2491.4K
29XYZBLOCK INCCL A0.63%$794,23010.3K
30SNOWSNOWFLAKE INCCL A0.62%$789,6324.0K
31RIVNRIVIAN AUTOMOTIVE INCCOM CL A0.62%$786,23833.5K
32PANWPALO ALTO NETWORKS INCCOM0.61%$769,6372.6K
33BACVERIZON COMMUNICATIONS INCCOM0.61%$767,72320.4K
34TSMTAIWAN SEMICONDUCTOR MFG LTDSPONSORED ADS0.58%$740,2727.1K
35NEMNEWMONT CORPCOM0.58%$739,76317.9K
36JNJJOHNSON & JOHNSONCOM0.55%$691,0674.4K
37PYPLPAYPAL HLDGS INCCOM0.53%$666,72810.9K
38SNPSSYNOPSYS INCCOM0.51%$651,3611.3K
39INTCINTEL CORPCOM0.51%$649,83312.9K
40ASML HOLDING N VN Y REGISTRY SHS0.49%$617,647816
41PBRPETROLEO BRASILEIRO SA PETROSPONSORED ADR0.47%$598,31637.5K
42BMTABRITISH AMERN TOB PLCSPONSORED ADR0.46%$587,20620.0K
43NETCLOUDFLARE INCCL A COM0.46%$582,1547.0K
44UALUNITED AIRLS HLDGS INCCOM0.41%$520,28912.6K
45BACBANK AMERICA CORPCOM0.41%$513,90515.3K
46DISDISNEY WALT COCOM0.39%$494,7895.5K
47WMTWALMART INCCOM0.37%$468,3783.0K
48DDOGDATADOG INCCL A COM0.36%$461,1233.8K
49CCL1EURCARNIVAL CORPUNIT 99/99/99990.36%$459,47724.8K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$241M879May 1, 202613F-HRchanges · EDGAR ↗
Q4 2025$308M892Jan 29, 202613F-HRchanges · EDGAR ↗
Q3 2025$271M905Oct 28, 202513F-HRchanges · EDGAR ↗
Q2 2025$255M842Aug 15, 2025RESTATEMENTchanges · EDGAR ↗
Q1 2025$198M821Apr 18, 202513F-HRchanges · EDGAR ↗
Q4 2024$254M760Feb 10, 202513F-HRchanges · EDGAR ↗
Q3 2024$230M713Nov 5, 202413F-HRchanges · EDGAR ↗
Q2 2024$233M714Jul 31, 202413F-HRchanges · EDGAR ↗
Q1 2024$228M715May 1, 202413F-HRchanges · EDGAR ↗
Q4 2023$127M612Jan 31, 202413F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.