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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 4 of 6  ·  108 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
61 PSCD INVESCO EXCH TRADED FD TR II 2,799.0 $288K 0.01% NEW $102.75 +1.8%
62 GBTC GRAYSCALE BITCOIN TRUST ETF Financial Services 5,337.0 $282K 0.01% NEW $52.76 +14.2%
63 PSCU INVESCO EXCH TRADED FD TR II 4,651.0 $280K 0.01% NEW $60.22 +5.8%
64 ESGE ISHARES INC 6,059.0 $276K 0.01% NEW $45.47 +15.8%
65 FELG FIDELITY COVINGTON TRUST 7,323.0 $275K 0.01% NEW $37.49 +17.6%
66 XRAY DENTSPLY SIRONA INC Healthcare 22,991.0 $267K 0.01% NEW $11.60 -15.2%
67 PFXF VANECK ETF TRUST 15,177.0 $266K 0.01% NEW $17.54 +5.1%
68 PFEB INNOVATOR ETFS TRUST 6,600.0 $265K 0.01% NEW $40.10 +6.5%
69 GDXJ VANECK ETF TRUST 2,177.0 $261K 0.01% NEW $120.05 -6.5%
70 FIDELITY COVINGTON TRUST 3,698.0 $260K 0.01% NEW $70.38
71 UMI USCF ETF TR 4,374.0 $256K 0.01% NEW $58.59 +5.2%
72 VLUE ISHARES TR 1,751.0 $249K 0.01% NEW $142.25 +30.0%
73 VSGX VANGUARD WORLD FD 3,455.0 $248K 0.01% NEW $71.75 +11.9%
74 AG FIRST MAJESTIC SILVER CORP Basic Materials 11,500.0 $247K 0.01% NEW $21.48 -7.4%
75 REZ ISHARES TR 2,964.0 $247K 0.01% NEW $83.21 +10.1%
76 DOW DOW HLDGS INC Basic Materials 5,871.0 $245K 0.01% NEW $41.65 -13.8%
77 SMLF ISHARES TR 3,208.0 $242K 0.01% NEW $75.50 +10.2%
78 Q QNITY ELECTRONICS INC Technology 2,076.0 $240K 0.01% NEW $115.38 +32.6%
79 BALL BALL CORP Consumer Cyclical 4,021.0 $238K 0.01% NEW $59.11 -4.7%
80 TAIL CAMBRIA ETF TR 20,278.0 $237K 0.01% NEW $11.71 -8.6%
Page 4 of 6  ·  108 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%