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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 17 of 18  ·  357 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
321 IYJ ISHARES TR 2,114.0 $312K 0.01% +141.0 +7.2% $147.55 +5.8%
322 VKTX VIKING THERAPEUTICS INC Healthcare 9,552.0 $311K 0.01% +2K +20.5% $32.54 -5.1%
323 HDMV FIRST TR EXCH TRADED FD III 8,379.0 $308K 0.01% +424.0 +5.3% $36.81 +2.5%
324 PFG PRINCIPAL FINANCIAL GROUP IN Financial Services 3,382.0 $305K 0.01% +691.0 +25.7% $90.13 +15.2%
325 REGN REGENERON PHARMACEUTICALS Healthcare 383.0 $296K 0.01% +23.0 +6.4% $772.64 -17.3%
326 IHI ISHARES TR 5,475.0 $292K 0.01% +307.0 +5.9% $53.36 -5.2%
327 IQVIA HLDGS INC 1,682.0 $287K 0.01% +116.0 +7.4% $170.54
328 PDBC INVESCO ACTVELY MNGD ETC FD 16,509.0 $286K 0.01% +346.0 +2.1% $17.32 +5.1%
329 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 1,808.0 $284K 0.01% +15.0 +0.8% $157.30 -2.8%
330 MRSH MARSH & MCLENNAN COS INC Financial Services 1,619.0 $281K 0.01% +103.0 +6.8% $173.48 -5.4%
331 FE FIRSTENERGY CORP Utilities 5,449.0 $276K 0.01% +160.0 +3.0% $50.66 -8.6%
332 FLEX FLEXTRONICS INTL LTD Technology 4,205.0 $275K 0.01% +800.0 +23.5% $65.46 +102.4%
333 URA GLOBAL X FDS 5,666.0 $274K 0.01% +388.0 +7.3% $48.44 +1.1%
334 QUIK QUICKLOGIC CORP Technology 29,242.0 $274K 0.01% +500.0 +1.7% $9.38 +114.4%
335 QYLD GLOBAL X FDS 15,501.0 $266K 0.01% +3K +22.4% $17.15 +4.3%
336 TMUS T-MOBILE US INC Communication Services 1,264.0 $266K 0.01% +173.0 +15.9% $210.06 -8.8%
337 BIV VANGUARD BD INDEX FDS 3,427.0 $265K 0.01% +464.0 +15.7% $77.20 -1.2%
338 ISHARES TR 11,464.0 $263K 0.01% +650.0 +6.0% $22.93
339 ETHA ISHARES ETHEREUM TR Financial Services 16,537.0 $262K 0.01% +3K +19.0% $15.83 -1.6%
340 ELV ELEVANCE HEALTH INC FORMERLY Healthcare 893.0 $262K 0.01% +147.0 +19.7% $293.02 +34.7%
Page 17 of 18  ·  357 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%