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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 23 of 42  ·  829 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
441 IUSV ISHARES TR 7,482.0 $765K 0.03% -1K -15.9% $102.25 +7.8%
442 DELL DELL TECHNOLOGIES INC Technology 4,653.0 $764K 0.03% -1K -22.7% $164.16 +85.8%
443 FGD FIRST TR EXCHANGE-TRADED FD 23,706.0 $757K 0.03% +1K +4.9% $31.93 +6.2%
444 MBB ISHARES TR 7,956.0 $755K 0.03% +48.0 +0.6% $94.95 -0.7%
445 COF CAPITAL ONE FINL CORP Financial Services 4,138.0 $755K 0.03% -6K -60.9% $182.47 +2.0%
446 WRBY WARBY PARKER INC Healthcare 35,750.0 $753K 0.03% +10K +38.0% $21.07 +21.3%
447 EPD ENTERPRISE PRODS PARTNERS L Energy 19,781.0 $749K 0.03% +877.0 +4.6% $37.84 +2.3%
448 FLMI FRANKLIN TEMPLETON ETF TR 29,824.0 $739K 0.03% -1K -4.3% $24.79 +0.4%
449 BAI BLACKROCK ETF TRUST 22,412.0 $739K 0.03% +3K +13.9% $32.95 +51.4%
450 GRAL GRAIL INC Healthcare 14,198.0 $734K 0.03% -1K -7.0% $51.68 +37.8%
451 FSCC FEDERATED HERMES ETF TRUST 24,692.0 $733K 0.03% NEW $29.69 +17.9%
452 GIL GILDAN ACTIVEWEAR INC Consumer Cyclical 13,123.0 $730K 0.03% -690.0 -5.0% $55.65 +6.9%
453 KXI ISHARES TR 10,847.0 $727K 0.03% -24K -68.7% $67.02 +1.7%
454 VXUS VANGUARD STAR FDS 9,409.0 $726K 0.03% +4K +80.3% $77.12 +11.4%
455 BTQ BTQ TECHNOLOGIES CORP Technology 269,900.0 $721K 0.03% $2.67 +53.6%
456 IWN ISHARES TR 3,756.0 $712K 0.03% $189.59 +12.9%
457 THRO BLACKROCK ETF TRUST 19,618.0 $711K 0.03% +4K +26.1% $36.22 +18.7%
458 KMI KINDER MORGAN INC DEL Energy 20,928.0 $702K 0.03% -460.0 -2.1% $33.53 -1.1%
459 APD AIR PRODUCTS AND CHEMICALS I Basic Materials 2,415.0 $702K 0.03% +91.0 +3.9% $290.56 -0.7%
460 CLS CELESTICA INC Technology 2,453.0 $691K 0.03% -153.0 -5.9% $281.68 +31.0%
Page 23 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%