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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 8 of 42  ·  829 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
141 SDVY FIRST TR EXCHANGE TRADED FD 112,877.0 $4.5M 0.17% -6K -5.1% $39.43 +5.4%
142 GDEC FIRST TR EXCHNG TRADED FD VI 119,700.0 $4.4M 0.16% NEW $37.02 +6.8%
143 SCHD SCHWAB STRATEGIC TR 143,498.0 $4.4M 0.16% +7K +4.8% $30.68 +7.0%
144 BAC BANK AMERICA CORP Financial Services 89,881.0 $4.4M 0.16% +3K +3.5% $48.75 +6.3%
145 SCHG SCHWAB STRATEGIC TR 149,530.0 $4.4M 0.16% +4K +2.9% $29.13 +18.0%
146 GTO INVESCO ACTIVELY MANAGED EXC 92,574.0 $4.3M 0.16% +22K +31.8% $46.83 -0.5%
147 NEE NEXTERA ENERGY INC Utilities 45,602.0 $4.2M 0.16% -3K -5.8% $92.88 -4.7%
148 ZALT INNOVATOR ETFS TRUST 130,454.0 $4.2M 0.16% +46K +55.1% $32.46 +3.7%
149 LMT LOCKHEED MARTIN CORP Industrials 6,997.0 $4.2M 0.16% +958.0 +15.9% $604.41 -11.8%
150 J P MORGAN EXCHANGE TRADED F 82,938.0 $4.2M 0.16% +50K +155.7% $50.61
151 BA BOEING CO Industrials 20,924.0 $4.2M 0.15% -982.0 -4.5% $199.03 +10.0%
152 MDYG SPDR SERIES TRUST 43,349.0 $4.2M 0.15% +843.0 +2.0% $95.96 +11.2%
153 NOW SERVICENOW INC Technology 39,541.0 $4.1M 0.15% +15K +63.1% $104.55 -2.3%
154 IOO ISHARES TR 33,953.0 $4.1M 0.15% +433.0 +1.3% $120.97 +17.0%
155 GSEW GOLDMAN SACHS ETF TR 48,485.0 $4.1M 0.15% +4K +10.2% $84.66 +8.7%
156 BMY BRISTOL-MYERS SQUIBB CO Healthcare 67,544.0 $4.1M 0.15% -23K -25.1% $60.65 -2.0%
157 TLT ISHARES TR 47,254.0 $4.1M 0.15% -95K -66.7% $86.69 -2.3%
158 VCIT VANGUARD SCOTTSDALE FDS 48,571.0 $4.0M 0.15% +3K +6.6% $82.75 -0.6%
159 XLRE SELECT SECTOR SPDR TR 98,436.0 $4.0M 0.15% -8K -7.7% $40.83 +9.1%
160 HEDG SERIES PORTFOLIOS TR 136,332.0 $4.0M 0.15% +10K +8.3% $28.98 +3.3%
Page 8 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%