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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 42 of 42  ·  829 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
821 BGY BLACKROCK ENHANCED INTL DIV Financial Services 14,413.0 $78K 0.00% $5.41 +6.3%
822 NIO NIO INC Consumer Cyclical 11,193.0 $67K 0.00% $6.03 -7.1%
823 GALT GALECTIN THERAPEUTICS INC Healthcare 23,900.0 $67K 0.00% $2.79 -9.7%
824 GHI GREYSTONE HOUSING IMPACT INV Financial Services 10,293.0 $51K 0.00% $4.92 +4.9%
825 CAN CANAAN INC Technology 107,250.0 $46K 0.00% -38K -25.9% $0.43 -2.7%
826 NFGC NEW FOUND GOLD CORP Basic Materials 12,000.0 $23K 0.00% NEW $1.94 -0.5%
827 CRDF CARDIFF ONCOLOGY INC Healthcare 13,000.0 $21K 0.00% $1.62 +10.5%
828 ATYR ATYR PHARMA INC Healthcare 11,300.0 $9K $0.78 -32.2%
829 GOSS GOSSAMER BIO INC Healthcare 24,955.0 $8K +11K +76.1% $0.33 -38.8%
Page 42 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%