Rafferty Asset Management, LLC
Long book
$24.63B
Q1 2026
Positions
1057
Top-10 weight
36%
concentration
Last quarter
+33.3%
SPY +14.8%
Turnover
11%
of book per quarter
Strategy in plain words
auto-generated from filingsRafferty Asset Management, LLC is an index provider — its holdings mirror index composition mechanically, running a $24.63B US long book across 1057 positions.
The portfolio is moderately concentrated (top 10 ≈ 36% of the book). Turnover is modest: positions are typically held for years. Current anchor positions: ISHARES 20+ YEAR TREASURY BD, NVIDIA CORP, ISHARES RUSSELL 2000 ETF, BROADCOM INC, MICRON TECHNOLOGY INC.
Over the last 9 quarters its long book ran on average 2.5pp per quarter ahead of the S&P 500, beating the index in 5 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+4.1%
Q2 2024
+3.3%
Q3 2024
-2.1%
Q4 2024
-5.2%
Q1 2025
+12.9%
Q2 2025
+12.0%
Q3 2025
+4.6%
Q4 2025
+0.5%
Q1 2026
+33.3%
Sector allocation
Technology 57%
Industrials 12%
Financials 9%
Other 5%
Healthcare 4%
Energy 3%
Consumer discretionary 3%
Services media 3%
Long book by quarter
What does Rafferty Asset own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 7.7M | $1.34B | 5.4% | -12.0% |
| AVGO BROADCOM INC | Technology | 2.9M | $889.9M | 3.6% | +8.5% |
| MU MICRON TECHNOLOGY INC | Technology | 2.3M | $775.7M | 3.1% | -15.2% |
| TSLA TESLA INC | Industrials | 1.7M | $645.8M | 2.6% | +27.1% |
| AMD ADVANCED MICRO DEVICES | Technology | 3.0M | $605.6M | 2.5% | -20.3% |
| AMAT APPLIED MATERIALS INC | Technology | 1.6M | $536.1M | 2.2% | -31.5% |
| AAPL APPLE INC | Technology | 2.1M | $535.6M | 2.2% | -22.9% |
| MSFT MICROSOFT CORP | Technology | 1.3M | $476.3M | 1.9% | -9.3% |
| MRVL MARVELL TECHNOLOGY INC | Technology | 4.3M | $421.5M | 1.7% | +7.4% |
| INTC INTEL CORP | Technology | 8.8M | $388.5M | 1.6% | -13.8% |
| KLAC KLA CORP | Other | 259.2K | $381.6M | 1.5% | -24.2% |
| LRCX LAM RESEARCH CORP | Industrials | 1.8M | $381.5M | 1.5% | -32.7% |
| TXN TEXAS INSTRUMENTS INC | Technology | 1.9M | $361.9M | 1.5% | -21.8% |
| ADI ANALOG DEVICES INC | Technology | 1.1M | $349.7M | 1.4% | -26.0% |
| QCOM QUALCOMM INC | Technology | 2.7M | $348.9M | 1.4% | +11.1% |
| MPWR MONOLITHIC POWER SYSTEMS INC | Technology | 317.5K | $347.1M | 1.4% | -19.9% |
| TER TERADYNE INC | Technology | 1.1M | $323.2M | 1.3% | -23.1% |
| NXPI NXP SEMICONDUCTORS NV | Technology | 1.6M | $315.5M | 1.3% | -15.0% |
| ASML ASML HOLDING NV-NY REG SHS | Industrials | 222.3K | $293.6M | 1.2% | -29.2% |
| MCHP MICROCHIP TECHNOLOGY INC | Technology | 4.0M | $259.1M | 1.1% | -19.7% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 470.8K | $225.6M | 0.9% | -19.1% |
| AMZN AMAZON.COM INC | Consumer discretionary | 1.1M | $219.1M | 0.9% | -14.8% |
| GOOGL ALPHABET INC-CL A | Technology | 747.6K | $215.0M | 0.9% | -8.2% |
| JPM JPMORGAN CHASE & CO | Financials | 655.5K | $192.8M | 0.8% | -21.1% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 1.3M | $187.6M | 0.8% | +8.1% |
| ON ON SEMICONDUCTOR | Technology | 2.8M | $175.0M | 0.7% | -22.2% |
| META META PLATFORMS INC-CLASS A | Technology | 257.7K | $147.4M | 0.6% | -40.8% |
| V VISA INC-CLASS A SHARES | Services media | 409.9K | $123.9M | 0.5% | -20.4% |
| ENTG ENTEGRIS INC | Other | 1.1M | $123.3M | 0.5% | -20.1% |
| XOM EXXON MOBIL CORP | Energy | 666.0K | $113.0M | 0.5% | -6.7% |
| CRDO CREDO TECHNOLOGY GROUP HOLDI | Technology | 1.1M | $105.5M | 0.4% | -15.9% |
| MTSI MACOM TECHNOLOGY SOLUTIONS H | Technology | 467.6K | $103.8M | 0.4% | -19.4% |
| ALAB ASTERA LABS INC | Technology | 945.5K | $103.6M | 0.4% | -19.0% |
| MA MASTERCARD INC - A | Services media | 198.8K | $99.3M | 0.4% | -20.8% |
| NVMI NOVA LTD | Other | 221.0K | $96.0M | 0.4% | -17.1% |
| GOOG ALPHABET INC-CL C | Technology | 306.9K | $88.0M | 0.4% | -26.9% |
| CSCO CISCO SYSTEMS INC | Technology | 1.1M | $87.7M | 0.4% | -22.6% |
| BAC BANK OF AMERICA CORP | Financials | 1.6M | $78.6M | 0.3% | -21.3% |
| GE GENERAL ELECTRIC | Industrials | 270.6K | $76.8M | 0.3% | +1.3% |
| CVX CHEVRON CORP | Energy | 362.6K | $75.0M | 0.3% | -3.5% |
| NFLX NETFLIX INC | Services media | 741.1K | $71.3M | 0.3% | -11.2% |
| RTX RTX CORP | Industrials | 346.3K | $66.8M | 0.3% | +2.0% |
| RMBS RAMBUS INC | Technology | 745.5K | $64.1M | 0.3% | -20.3% |
| GS GOLDMAN SACHS GROUP INC | Financials | 73.2K | $61.9M | 0.3% | -20.4% |
| ORCL ORACLE CORP | Technology | 414.8K | $61.0M | 0.2% | -22.8% |
| WFC WELLS FARGO & CO | Financials | 751.9K | $59.9M | 0.2% | -21.5% |
| LLY ELI LILLY & CO | Healthcare | 64.0K | $58.9M | 0.2% | -28.4% |
| SWKS SKYWORKS SOLUTIONS INC | Technology | 1.1M | $58.0M | 0.2% | -19.4% |
| DHI DR HORTON INC | Industrials | 400.1K | $54.9M | 0.2% | -14.9% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 223.0K | $54.1M | 0.2% | -25.1% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 15, 2026 | 1057 | $24.63B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 13, 2026 | 1134 | $28.95B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Nov 12, 2025 | 1104 | $30.83B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 14, 2025 | 1077 | $30.31B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 14, 2025 | 1058 | $23.45B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Feb 14, 2025 | 1140 | $28.26B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Nov 13, 2024 | 1137 | $29.19B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 13, 2024 | 1168 | $26.94B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 13, 2024 | 1080 | $26.81B | canonical | SEC ↗ |
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