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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 25 of 42  ·  829 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
481 DGRW WISDOMTREE TR 7,227.0 $635K 0.02% -4K -36.0% $87.85 +9.7%
482 CLOZ SERIES PORTFOLIOS TR 24,740.0 $635K 0.02% -11K -31.5% $25.65 +3.3%
483 DUK DUKE ENERGY CORP NEW Utilities 4,817.0 $631K 0.02% +559.0 +13.1% $130.96 -4.6%
484 IMCG ISHARES TR 7,982.0 $629K 0.02% +1K +22.6% $78.78 +17.7%
485 NDAQ NASDAQ INC Financial Services 7,344.0 $624K 0.02% +729.0 +11.0% $84.90 +7.0%
486 ONEQ FIDELITY COMWLTH TR 7,325.0 $622K 0.02% +1K +18.1% $84.91 +23.6%
487 KLAC KLA CORP Technology 422.0 $621K 0.02% +61.0 +16.9% $1472.57 +36.6%
488 FVD FIRST TR EXCHANGE-TRADED FD 13,160.0 $619K 0.02% -4K -22.4% $47.03 +1.6%
489 AEP AMERICAN ELEC PWR CO INC Utilities 4,714.0 $618K 0.02% +47.0 +1.0% $131.10 -0.2%
490 DES WISDOMTREE TR 17,148.0 $616K 0.02% -1K -5.9% $35.94 +8.2%
491 CCL CARNIVAL CORP Consumer Cyclical 23,797.0 $616K 0.02% +1K +6.4% $25.88 +3.2%
492 DVN DEVON ENERGY CORP NEW Energy 12,157.0 $612K 0.02% +3K +28.0% $50.32 -10.3%
493 PLD PROLOGIS INC. Real Estate 4,625.0 $611K 0.02% $132.19 +11.2%
494 IWL ISHARES TR 3,797.0 $609K 0.02% +1K +55.2% $160.48 +16.2%
495 FNCL FIDELITY COVINGTON TRUST 8,596.0 $603K 0.02% +6K +177.7% $70.21 +5.4%
496 MUNI PIMCO ETF TR 11,561.0 $603K 0.02% +1K +13.4% $52.19 +0.1%
497 EATON VANCE TAX-MANAGED BUY- 44,123.0 $603K 0.02% +18K +70.7% $13.67
498 CIFR CIPHER DIGITAL INC Financial Services 46,845.0 $603K 0.02% +16K +52.9% $12.87 +78.9%
499 XMMO INVESCO EXCHANGE TRADED FD T 4,136.0 $600K 0.02% -170.0 -4.0% $145.04 +16.8%
500 FTA FIRST TR EXCHANGE-TRADED ALP 6,485.0 $599K 0.02% +541.0 +9.1% $92.35 +2.7%
Page 25 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%