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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 21 of 42  ·  829 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
401 SBUX STARBUCKS CORP Consumer Cyclical 9,614.0 $861K 0.03% +63.0 +0.7% $89.59 +13.5%
402 DUSA DAVIS FUNDAMENTAL ETF TR 16,943.0 $860K 0.03% -9K -33.5% $50.74 +10.3%
403 FDRR FIDELITY COVINGTON TRUST 14,601.0 $859K 0.03% $58.81 +11.6%
404 MMM 3M CO Industrials 5,896.0 $856K 0.03% -70.0 -1.2% $145.24 +5.7%
405 UNFI UNITED NAT FOODS INC Consumer Defensive 18,923.0 $853K 0.03% +6K +47.0% $45.06 +9.4%
406 DDOG DATADOG INC Technology 7,220.0 $852K 0.03% $118.05 +90.0%
407 FLRT PACER FDS TR 18,334.0 $849K 0.03% -6K -23.4% $46.31 +1.0%
408 ADP AUTOMATIC DATA PROCESSING IN Industrials 4,169.0 $847K 0.03% -1K -23.7% $203.20 +8.7%
409 TTMI TTM TECHNOLOGIES INC Technology 8,656.0 $843K 0.03% -1K -14.0% $97.43 +102.9%
410 GINN GOLDMAN SACHS ETF TR 12,346.0 $843K 0.03% -2K -12.5% $68.30 +15.3%
411 SHOP SHOPIFY INC Technology 7,108.0 $843K 0.03% -3K -27.3% $118.62 -11.9%
412 IEF ISHARES TR 8,833.0 $843K 0.03% -85.0 -0.9% $95.44 -1.3%
413 STRL STERLING INFRASTRUCTURE INC Industrials 2,063.0 $840K 0.03% +294.0 +16.6% $407.27 +90.4%
414 SOXX ISHARES TR 2,555.0 $840K 0.03% -28.0 -1.1% $328.70 +70.6%
415 MO ALTRIA GROUP INC Consumer Defensive 12,627.0 $833K 0.03% +263.0 +2.1% $65.99 +9.7%
416 FDVV FIDELITY COVINGTON TRUST 15,070.0 $833K 0.03% -4K -21.5% $55.24 +9.8%
417 MGV VANGUARD WORLD FD 5,721.0 $829K 0.03% +422.0 +8.0% $144.97 +8.8%
418 IWO ISHARES TR 2,641.0 $829K 0.03% +57.0 +2.2% $313.81 +20.2%
419 IWB ISHARES TR 2,308.0 $823K 0.03% -193.0 -7.7% $356.56 +14.6%
420 AFRM AFFIRM HLDGS INC Technology 17,859.0 $818K 0.03% $45.82 +50.0%
Page 21 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%