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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 19 of 42  ·  829 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
361 QGRO AMERICAN CENTY ETF TR 10,220.0 $1.1M 0.04% NEW $105.03 +9.1%
362 UJAN INNOVATOR ETFS TRUST 25,100.0 $1.1M 0.04% +4K +19.0% $42.51 +6.0%
363 PARR PAR PAC HOLDINGS INC Energy 16,724.0 $1.0M 0.04% +5K +40.8% $62.64 -6.1%
364 VBR VANGUARD INDEX FDS 4,808.0 $1.0M 0.04% +518.0 +12.1% $217.29 +7.1%
365 OUSM ALPS ETF TR 23,694.0 $1.0M 0.04% +403.0 +1.7% $43.74 +6.4%
366 CMI CUMMINS INC Industrials 1,916.0 $1.0M 0.04% +743.0 +63.3% $538.22 +18.8%
367 FTRI FIRST TR EXCHANGE-TRADED FD 57,649.0 $1.0M 0.04% NEW $17.85 -4.4%
368 GOVT ISHARES TR 44,360.0 $1.0M 0.04% +2K +4.9% $22.91 -1.1%
369 NKE NIKE INC Consumer Cyclical 19,185.0 $1.0M 0.04% $52.82 -15.4%
370 AIQ GLOBAL X FDS 21,592.0 $1.0M 0.04% -12K -36.4% $46.67 +34.6%
371 IUSG ISHARES TR 6,448.0 $1.0M 0.04% -1K -15.7% $155.13 +20.3%
372 ISHARES TR 21,594.0 $998K 0.04% +4K +21.0% $46.23
373 PAVE GLOBAL X FDS 19,410.0 $986K 0.04% +1K +7.9% $50.81 +8.1%
374 HYG ISHARES TR 12,349.0 $982K 0.04% +1K +9.6% $79.56 +0.4%
375 RING ISHARES INC 12,410.0 $980K 0.04% NEW $78.98 -6.0%
376 DIVB ISHARES TR 18,128.0 $978K 0.04% +2K +15.7% $53.95 +12.8%
377 LNT ALLIANT ENERGY CORP Utilities 13,628.0 $978K 0.04% +459.0 +3.5% $71.76 +3.0%
378 JEPI J P MORGAN EXCHANGE TRADED F 17,187.0 $974K 0.04% +116.0 +0.7% $56.68 -0.6%
379 FDV FEDERATED HERMES ETF TRUST 31,030.0 $956K 0.04% +2K +5.3% $30.80 +2.9%
380 MORGAN STANLEY ETF TRUST 18,900.0 $951K 0.04% -768.0 -3.9% $50.32
Page 19 of 42  ·  829 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%