Q2 2026 13F · SEC CIK 1389426

Rafferty Asset Management, LLC

Mutual fund managerFiled 2026-08-14 for Q2 2026. Open the filing ↗ · All SEC filings ↗

Reported 13F value: $43.9B
Reported positions: 1,133
Top holdings a year, 3 yrs: +29.0%
Assets under management: $55.2B

Rafferty Asset Management, LLC is a mutual fund manager that reported 1,133 positions worth $43.9B in its Q2 2026 13F, filed 2026-08-14. Its largest holdings were Micron Technology Inc (MU, 8.1%), Nvidia Corporation (NVDA, 5.8%), Advanced Micro Devices Inc (AMD, 4.6%). A portfolio copying its top holdings returned 29.0% a year over the last 3 years, against 20.4% for the S&P 500.

Rafferty Asset Management, LLC holdings largest 50 of 1,133 positions.

Weights are shares of the filer's total reported 13F value, compared with Q1 2026. Share changes may reflect splits; weight changes also reflect price moves. A 13F shows long US-listed positions only, up to 135 days after the fact.

Rafferty Asset Management, LLC 13F holdings
Stock	% of 13F value	Q1 2026	Shares	Share change	Reported value
MUMicron Technology Inc	8.1%	3.1%	3,081,122	+34.2%	$3.6B
NVDANvidia Corporation	5.8%	5.4%	12,793,123	+66.6%	$2.6B
AMDAdvanced Micro Devices Inc	4.6%	2.5%	3,455,156	+16.1%	$2.0B
AVGOBroadcom Inc	3.9%	3.6%	4,476,607	+55.7%	$1.7B
INTCIntel Corp	3.5%	1.6%	11,127,772	+26.4%	$1.6B
TLTIshares Tr	3.4%	8.1%	17,250,388	-25.1%	$1.5B
AMATApplied Matls Inc	3.2%	2.2%	1,931,172	+23.1%	$1.4B
KLACKla Corp	3.0%	1.5%	4,339,579	+1574.5%	$1.3B
MRVLMarvell Technology Inc	2.8%	1.7%	4,090,492	-3.9%	$1.2B
LRCXLam Research Corp	2.7%	1.5%	2,774,672	+55.4%	$1.2B
EWYIshares Inc	2.3%	2.3%	5,093,198	+11.8%	$1.0B
IWMIshares Tr	2.3%	3.7%	3,410,936	-6.7%	$1.0B
AAPLApple Inc	2.2%	2.2%	3,391,118	+60.7%	$981.3M
TSMTaiwan Semiconductor Manufac	2.2%	1.3%	2,004,572	+111.0%	$957.3M
TXNTexas Instrs Inc	1.9%	1.5%	2,761,559	+48.2%	$823.1M
ADIAnalog Devices Inc	1.8%	1.4%	1,975,036	+79.7%	$784.4M
MSFTMicrosoft Corp	1.8%	1.9%	2,079,384	+61.6%	$775.7M
TERTeradyne Inc	1.7%	1.3%	1,515,149	+39.0%	$733.1M
NXPINxp Semiconductors N V	1.5%	1.3%	2,418,625	+50.9%	$679.7M
TSLATesla Inc	1.5%	2.6%	1,596,029	-8.1%	$671.3M
ALABAstera Labs Inc	1.5%	0.4%	1,321,419	+39.8%	$638.3M
MPWRMonolithic Pwr Sys Inc	1.4%	1.4%	459,278	+44.7%	$634.9M
QCOMQualcomm Inc	1.4%	1.4%	3,365,490	+24.2%	$621.9M
GDXVaneck ETF Trust	1.2%	2.2%	6,960,342	+16.0%	$525.2M
ASMLAsml Hldg NV	1.1%	1.2%	246,159	+10.8%	$489.7M
MCHPMicrochip Technology Inc.	1.1%	1.1%	5,207,670	+29.9%	$474.9M
QQQInvesco Qqq Tr	0.9%	1.3%	565,821	+2.6%	$416.7M
CRDOCredo Technology Group Holdi	0.9%	0.4%	1,515,415	+34.8%	$412.1M
GOOGLAlphabet Inc	0.8%	0.9%	1,032,816	+38.1%	$369.1M
ONOn Semiconductor Corp	0.8%	0.7%	3,704,862	+31.1%	$350.3M
FXIIshares Tr	0.7%	1.6%	10,150,781	-7.6%	$320.7M
AMZNAmazon Com Inc	0.7%	0.9%	1,250,965	+18.9%	$298.2M
BRK-BBerkshire Hathaway Inc Del	0.6%	0.9%	563,804	+19.8%	$282.1M
JPMJpmorgan Chase & Co	0.6%	0.8%	780,568	+19.1%	$255.5M
ENTGEntegris Inc	0.6%	0.5%	1,389,960	+32.1%	$250.0M
ASXAse Technology Hldg Co Ltd	0.6%	0.3%	5,521,348	+54.2%	$249.1M
MTSIMacom Tech Solutions Hldgs I	0.5%	0.4%	632,776	+35.3%	$240.7M
METAMeta Platforms Inc	0.5%	0.6%	401,011	+55.6%	$225.9M
UMCUnited Microelectronics Corp	0.5%	—	7,653,378	—	$208.2M
PLTRPalantir Technologies Inc	0.5%	0.8%	1,692,922	+32.0%	$197.5M
ARMArm Holdings PLC	0.4%	—	495,435	—	$175.7M
CSCOCisco Sys Inc	0.4%	0.4%	1,486,217	+31.5%	$174.6M
VVisa Inc	0.4%	0.5%	483,477	+17.9%	$165.9M
STMStmicroelectronics N V Ny Registry	0.4%	—	2,158,374	—	$161.6M
GOOGAlphabet Inc	0.4%	0.4%	447,892	+46.0%	$158.3M
NVMINova Ltd	0.4%	0.4%	290,772	+31.6%	$157.9M
SNDKSandisk Corp	0.3%	—	58,090	—	$132.1M
RMBSRambus Inc Del	0.3%	—	984,388	—	$130.7M
GDXJVaneck ETF Trust	0.3%	0.7%	1,231,566	-14.0%	$121.0M
MAMastercard Incorporated	0.3%	0.4%	235,048	+18.3%	$120.7M

What Rafferty Asset Management, LLC bought and sold in Q2 2026, against Q1 2026.

New positions

Q1 2026's filing was too long to tell new positions apart.

Added to

KLAC Kla Corp+1574.5% shares
TSM Taiwan Semiconductor Manufac+111.0% shares
ADI Analog Devices Inc+79.7% shares
NVDA Nvidia Corporation+66.6% shares
MSFT Microsoft Corp+61.6% shares
AAPL Apple Inc+60.7% shares
AVGO Broadcom Inc+55.7% shares
META Meta Platforms Inc+55.6% shares

Reduced

TLT Ishares Tr-25.1% shares
GDXJ Vaneck ETF Trust-14.0% shares
TSLA Tesla Inc-8.1% shares
FXI Ishares Tr-7.6% shares
IWM Ishares Tr-6.7% shares

Left the top 50

Share counts compared with the Q1 2026 13F; a split also changes share counts. The latest filing lists more than 50 positions, so a position that left the top 50 may still be held.

How the holdings did against the S&P 500.

1 year: +58.6% /yr; S&P 500 +20.1%
3 years: +29.0% /yr; S&P 500 +20.4%
5 years: +17.5% /yr; S&P 500 +11.6%

A portfolio of the filer's 20 largest 13F positions, weighted by value, bought the trading day after each 13F was filed and held until the next one was: what copying this filer could have earned. 13Fs show long US-listed positions only, so this is an estimate of the stock picks, not the fund's reported returns.

Reported 13F value by quarter.

13F value by quarter
Quarter	13F 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

Questions about Rafferty Asset Management, LLC's portfolio

What stocks does Rafferty Asset Management, LLC own?

Rafferty Asset Management, LLC's latest 13F, for Q2 2026 and filed Aug 14, 2026, lists 1,133 positions worth $43.9B. The largest are Micron Technology Inc (MU) at 8.1%, Nvidia Corporation (NVDA) at 5.8%, Advanced Micro Devices Inc (AMD) at 4.6%, Broadcom Inc (AVGO) at 3.9% and Intel Corp (INTC) at 3.5%.

What did Rafferty Asset Management, LLC buy last quarter?

In Q2 2026, Rafferty Asset Management, LLC added Kla Corp (KLAC) (+1574.5% shares), Taiwan Semiconductor Manufac (TSM) (+111.0% shares) and Analog Devices Inc (ADI) (+79.7% shares), compared with its Q1 2026 filing.

What did Rafferty Asset Management, LLC sell last quarter?

In Q2 2026, Rafferty Asset Management, LLC cut from its top 50 Kraneshares Trust (KWEB), cut from its top 50 Exxon Mobil Corp (XOM), cut from its top 50 Bank of Amer Corp (BAC), cut from its top 50 Ge Aerospace (GE), cut from its top 50 Chevron Corporation (CVX), Ishares Tr (TLT) (-25.1% shares), Vaneck ETF Trust (GDXJ) (-14.0% shares) and Tesla Inc (TSLA) (-8.1% shares), compared with its Q1 2026 filing.

How has Rafferty Asset Management, LLC's portfolio performed?

A portfolio copying Rafferty Asset Management, LLC's 20 largest 13F holdings each quarter, from the day each filing was public, returned +29.0% a year over the last 3 years, against +20.4% for the S&P 500. Over 1 year: +58.6% against +20.1%. Over 5 years: +17.5% a year against +11.6%.

When is Rafferty Asset Management, LLC's next 13F filing due?

13F filings are due 45 days after each quarter ends. Rafferty Asset Management, LLC's filing for the quarter ending Sep 30, 2026 is due by Nov 14, 2026; this page updates the day after it is published.

How much money does Rafferty Asset Management, LLC manage?

Rafferty Asset Management, LLC reported $55.2B of regulatory assets under management on its latest SEC Form ADV. Its 13F, which covers only US-listed stocks and options, totals $43.9B.