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Portfolio (Quarterly) Guide ↗

Gladstone Institutional Advisory LLC

· CIK 0001766530
13F Portfolio $2.7B AUM 829 positions Filed May 14, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 108 New 357 Added 287 Reduced 67 Exited
Page 5 of 18  ·  357 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 VCIT VANGUARD SCOTTSDALE FDS 48,571.0 $4.0M 0.15% +3K +6.6% $82.75 -0.7%
82 HEDG SERIES PORTFOLIOS TR 136,332.0 $4.0M 0.15% +10K +8.3% $28.98 +3.1%
83 WFC WELLS FARGO & CO Financial Services 48,426.0 $3.9M 0.14% +1K +2.3% $79.61 -4.8%
84 HDV ISHARES TR 28,049.0 $3.8M 0.14% +10K +52.5% $135.72 -79.6%
85 VFH VANGUARD WORLD FD 31,463.0 $3.8M 0.14% +2K +5.7% $120.81 +5.1%
86 SPDW SPDR INDEX SHS FDS 82,620.0 $3.8M 0.14% +964.0 +1.2% $45.65 +10.3%
87 VWO VANGUARD INTL EQUITY INDEX F 69,123.0 $3.7M 0.14% +46K +197.6% $54.05 +8.6%
88 XAR SPDR SERIES TRUST 14,472.0 $3.7M 0.14% +14K +1488.6% $253.99 +4.9%
89 EQIN COLUMBIA ETF TR I 74,474.0 $3.7M 0.14% +3K +4.5% $49.15 +2.0%
90 SPEM SPDR INDEX SHS FDS 77,758.0 $3.6M 0.14% +3K +3.4% $46.91 +8.9%
91 JAVA J P MORGAN EXCHANGE TRADED F 49,280.0 $3.5M 0.13% +3K +5.7% $71.75 +6.3%
92 SLYG SPDR SERIES TRUST 36,079.0 $3.5M 0.13% +5K +15.4% $96.62 +11.0%
93 DNP DNP SELECT INCOME FD INC Financial Services 335,294.0 $3.5M 0.13% +32K +10.5% $10.30 +5.0%
94 SLYV SPDR SERIES TRUST 36,013.0 $3.4M 0.13% +2K +6.2% $94.58 +8.3%
95 LVHI LEGG MASON ETF INVT 83,977.0 $3.4M 0.13% +11K +14.5% $40.54 +2.7%
96 PEP PEPSICO INC Consumer Defensive 21,851.0 $3.4M 0.13% +2K +9.2% $155.30 -4.2%
97 VHT VANGUARD WORLD FD 12,154.0 $3.3M 0.12% +1K +11.1% $272.35 +1.5%
98 MU MICRON TECHNOLOGY INC Technology 9,541.0 $3.2M 0.12% +2K +29.2% $337.85 +125.6%
99 BSCQ INVESCO EXCH TRD SLF IDX FD 163,783.0 $3.2M 0.12% +9K +6.0% $19.53 -0.1%
100 UTES ETFIS SER TR I 38,935.0 $3.1M 0.12% +2K +6.1% $79.90 +0.4%
Page 5 of 18  ·  357 positions

Period Price is the implied market price on the last day of the reporting period, calculated as reported value ÷ shares held. It is not the fund's purchase price or cost basis — the fund may have initiated or added to the position at any point during the quarter at a different price. Since Period shows the price change from that quarter-end snapshot to today's last price — it reflects stock movement after the report date, not the fund's actual return.

Sector Allocation
Technology 29.5%
Financial Services 21.2%
Industrials 9.8%
Consumer Cyclical 8.8%
Communication Services 8.3%
Healthcare 8.3%
Energy 5.7%
Consumer Defensive 4.5%
Utilities 1.7%
Basic Materials 1.2%