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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 5 of 15  ·  287 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
81 VOOG VANGUARD ADMIRAL FDS INC 7,047.0 $2.9M 0.11% -56.0 -0.8% $407.72 -79.9%
82 GPIX GOLDMAN SACHS ETF TR 57,090.0 $2.9M 0.11% -1K -2.0% $50.04 +10.8%
83 CIBR FIRST TR EXCHANGE-TRADED FD 45,113.0 $2.8M 0.10% -1K -2.8% $62.68 +34.5%
84 LRGE LEGG MASON ETF INVT 36,751.0 $2.8M 0.10% -2K -6.0% $75.20 +14.8%
85 INTC INTEL CORP Technology 61,320.0 $2.7M 0.10% -10K -14.5% $44.13 +171.6%
86 BK BANK NEW YORK MELLON CORP Financial Services 22,342.0 $2.7M 0.10% -8K -25.3% $118.63 +17.3%
87 BLK BLACKROCK INC Financial Services 2,747.0 $2.6M 0.10% -197.0 -6.7% $961.81 +11.6%
88 C CITIGROUP INC Financial Services 22,979.0 $2.6M 0.10% -4K -16.0% $113.41 +10.3%
89 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 7,674.0 $2.6M 0.10% -3K -25.9% $337.99 +19.7%
90 FTCS FIRST TR EXCHANGE-TRADED FD 27,889.0 $2.6M 0.10% -1K -4.2% $92.76 +1.9%
91 UNH UNITEDHEALTH GROUP INC Healthcare 9,474.0 $2.6M 0.10% -193.0 -2.0% $270.59 +43.6%
92 VBK VANGUARD INDEX FDS 8,422.0 $2.5M 0.09% -606.0 -6.7% $302.28 +14.8%
93 ADI ANALOG DEVICES INC Technology 7,841.0 $2.5M 0.09% -1K -11.9% $318.14 +24.8%
94 IDMO INVESCO EXCH TRADED FD TR II 45,456.0 $2.5M 0.09% -2K -4.8% $54.84 +9.0%
95 CRM SALESFORCE INC Technology 13,340.0 $2.5M 0.09% -837.0 -5.9% $186.68 -3.5%
96 JSI JANUS DETROIT STR TR 48,215.0 $2.5M 0.09% -4K -8.1% $51.55 -0.2%
97 JAAA JANUS DETROIT STR TR 47,965.0 $2.4M 0.09% -11K -18.8% $50.37 +0.6%
98 AMGN AMGEN INC Healthcare 6,863.0 $2.4M 0.09% -348.0 -4.8% $351.88 -3.6%
99 WSM WILLIAMS SONOMA INC Consumer Cyclical 13,231.0 $2.4M 0.09% -3K -16.7% $182.33 +5.6%
100 PANW PALO ALTO NETWORKS INC Technology 15,022.0 $2.4M 0.09% -21K -58.4% $160.32 +62.5%
Page 5 of 15  ·  287 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%