Instuitional Investor - Rakuten Investment Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		49,708,819	$18,249,101,631	52.68%
2.	Vanguard Intl Equity Index Funds	VWO	15,258,597	$2,377,747,170	6.86%
3.	Vanguard Star Fds		18,045,200	$1,532,578,836	4.42%
4.	Schwab Strategic Trust	SCHD	47,138,834	$1,505,142,969	4.35%
5.	Nvidia Corp	NVDA	4,767,757	$929,569,582	2.68%