Managers / Q4 2024 · view latest →
Rakuten Securities, Inc.
CIK 0002009539 · 2-6-21 MINAMI-AOYAMA, MINATO-KU, TOKYO, M0, 107-0062 · 813-6739-1700
Summary
Rakuten Securities, Inc. reported $254M in U.S.-listed holdings across 760 positions for Q4 2024.
Its largest position, NVDA, represents 19.4% of the portfolio.
Compared with Q3 2024, the fund opened 119 new positions and exited 72.
Portfolio Metrics
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
Portfolio Composition
- Common Stock · 87.7% · $223M
- ETP · 6.5% · $17M
- ADR · 3.8% · $10M
- Other · 1.9% · $5M
- NY Reg Shrs · 0.0% · $44,422
Quarter-over-Quarter Changes full breakdown →
vs Q3 2024 (amended baseline)
| Issuer | Move | Share Δ | Shares now | Value Δ | Value now |
|---|---|---|---|---|---|
| IONQIONQ INC | NEW | +90.0K | 90.0K | +$4M | $4M |
| SOFISOFI TECHNOLOGIES INC | NEW | +89.0K | 89.0K | +$1M | $1M |
| RBRKRUBRIK INC. | NEW | +7.1K | 7.1K | +$464,906 | $464,906 |
| ANETARISTA NETWORKS INC | NEW | +3.7K | 3.7K | +$404,098 | $404,098 |
| TEMTEMPUS AI INC | NEW | +8.7K | 8.7K | +$293,780 | $293,780 |
| BLKBLACKROCK INC | NEW | +246 | 246 | +$252,177 | $252,177 |
| SMCISUPER MICRO COMPUTER INC | NEW | +7.0K | 7.0K | +$213,817 | $213,817 |
| SMRNUSCALE PWR CORP | NEW | +7.5K | 7.5K | +$134,296 | $134,296 |
Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.
Holdings — Q4 2024
| # | Issuer | Class | % Portfolio | Value ↓ | Shares |
|---|---|---|---|---|---|
| 1 | NVDANVIDIA CORPORATIONhistory → | COM | 19.43% | $49M | 367.4K |
| 2 | TSLATESLA INChistory → | COM | 16.92% | $43M | 106.4K |
| 3 | PLTRPALANTIR TECHNOLOGIES INChistory → | CL A | 6.86% | $17M | 230.4K |
| 4 | MIGAMICROSTRATEGY INChistory → | CL A NEW | 4.88% | $12M | 42.8K |
| 5 | AVGOBROADCOM INChistory → | COM | 4.40% | $11M | 48.2K |
| 6 | VANGUARD INDEX FDS | TOTAL STK MKT · S&P 500 ETF SHS | 1.90% | $5M | 13.1K |
| 7 | COINCOINBASE GLOBAL INChistory → | COM CL A | 1.73% | $4M | 17.7K |
| 8 | WBAWALGREENS BOOTS ALLIANCE INChistory → | COM | 1.70% | $4M | 463.0K |
| 9 | LLYELI LILLY & COhistory → | COM | 1.61% | $4M | 5.3K |
| 10 | IONQIONQ INChistory → | COM | 1.48% | $4M | 90.0K |
| 11 | NDQINVESCO QQQ TRhistory → | UNIT SER 1 | 1.38% | $4M | 6.9K |
| 12 | MSFTMICROSOFT CORPhistory → | COM | 1.38% | $3M | 8.3K |
| 13 | MUMICRON TECHNOLOGY INChistory → | COM | 1.37% | $3M | 41.4K |
| 14 | ARMARM HOLDINGS PLChistory → | SPONSORED ADS | 1.36% | $3M | 27.9K |
| 15 | GOOGLALPHABET INC | CAP STK CL A · CAP STK CL C | 1.34% | $3M | 17.9K |
| 16 | ISHARES TR | 20 YR TR BD ETF | 1.31% | $3M | 38.1K |
| 17 | APPAPPLOVIN CORPhistory → | COM CL A | 1.25% | $3M | 9.8K |
| 18 | METAMETA PLATFORMS INChistory → | CL A | 1.20% | $3M | 5.2K |
| 19 | GSGOLDMAN SACHS GROUP INChistory → | COM | 1.18% | $3M | 5.2K |
| 20 | AMDADVANCED MICRO DEVICES INChistory → | COM | 1.11% | $3M | 23.4K |
| 21 | AAPLAPPLE INChistory → | COM | 1.09% | $3M | 11.1K |
| 22 | DUOLDUOLINGO INC | CL A COM | 0.94% | $2M | 7.4K |
| 23 | MONDAY COM LTD | SHS | 0.80% | $2M | 8.6K |
| 24 | AMZNAMAZON COM INC | COM | 0.79% | $2M | 9.1K |
| 25 | PBRPETROLEO BRASILEIRO SA PETRO | SPONSORED ADR | 0.72% | $2M | 143.1K |
| 26 | TSMTAIWAN SEMICONDUCTOR MFG LTD | SPONSORED ADS | 0.61% | $2M | 7.8K |
| 27 | SOFISOFI TECHNOLOGIES INC | COM | 0.54% | $1M | 89.0K |
| 28 | BABOEING CO | COM | 0.51% | $1M | 7.4K |
| 29 | ALABASTERA LABS INC | COM | 0.46% | $1M | 8.8K |
| 30 | INTCINTEL CORP | COM | 0.42% | $1M | 52.7K |
| 31 | NFLXNETFLIX INC | COM | 0.39% | $990,257 | 1.1K |
| 32 | DOCSDOXIMITY INC | CL A | 0.39% | $982,002 | 18.4K |
| 33 | CRWDCROWDSTRIKE HLDGS INC | CL A | 0.37% | $932,386 | 2.7K |
| 34 | MRVLMARVELL TECHNOLOGY INC | COM | 0.34% | $868,689 | 7.9K |
| 35 | HOODROBINHOOD MKTS INC | COM CL A | 0.32% | $814,578 | 21.9K |
| 36 | RIVNRIVIAN AUTOMOTIVE INC | COM CL A | 0.32% | $802,229 | 60.3K |
| 37 | QCOMQUALCOMM INC | COM | 0.31% | $785,613 | 5.1K |
| 38 | PFEPFIZER INC | COM | 0.31% | $780,619 | 29.4K |
| 39 | UBERUBER TECHNOLOGIES INC | COM | 0.28% | $714,430 | 11.8K |
| 40 | CVNACARVANA CO | CL A | 0.28% | $698,542 | 3.4K |
| 41 | NOWSERVICENOW INC | COM | 0.27% | $696,499 | 657 |
| 42 | SPDR S&P 500 ETF TR | TR UNIT | 0.26% | $668,131 | 1.1K |
| 43 | RDDTREDDIT INC | CL A | 0.26% | $653,760 | 4.0K |
| 44 | VANGUARD WHITEHALL FDS | HIGH DIV YLD | 0.25% | $630,422 | 4.9K |
| 45 | VSTVISTRA CORP | COM | 0.24% | $607,869 | 4.4K |
| 46 | NKENIKE INC | CL B | 0.23% | $591,891 | 7.8K |
| 47 | MCDMCDONALDS CORP | COM | 0.23% | $582,679 | 2.0K |
| 48 | BABAALIBABA GROUP HLDG LTD | SPONSORED ADS | 0.23% | $578,692 | 6.8K |
Filing History
| Quarter | Reported Value | Positions | Filed | Type | Links |
|---|---|---|---|---|---|
| Q1 2026 | $241M | 879 | May 1, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q4 2025 | $308M | 892 | Jan 29, 2026 | 13F-HR | changes · EDGAR ↗ |
| Q3 2025 | $271M | 905 | Oct 28, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q2 2025 | $255M | 842 | Aug 15, 2025 | RESTATEMENT | changes · EDGAR ↗ |
| Q1 2025 | $198M | 821 | Apr 18, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q4 2024 | $254M | 760 | Feb 10, 2025 | 13F-HR | changes · EDGAR ↗ |
| Q3 2024 | $230M | 713 | Nov 5, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q2 2024 | $233M | 714 | Jul 31, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q1 2024 | $228M | 715 | May 1, 2024 | 13F-HR | changes · EDGAR ↗ |
| Q4 2023 | $127M | 612 | Jan 31, 2024 | 13F-HR | changes · 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 ↗.