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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 7 of 15  ·  287 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
121 XLP SELECT SECTOR SPDR TR 18,015.0 $1.5M 0.06% -2K -8.5% $81.98 +3.4%
122 ANET ARISTA NETWORKS INC Technology 12,017.0 $1.5M 0.06% -3K -20.4% $122.78 +25.5%
123 IBIT ISHARES BITCOIN TRUST ETF Financial Services 37,424.0 $1.4M 0.05% -2K -4.3% $38.42 +11.8%
124 EDV VANGUARD WORLD FD 22,036.0 $1.4M 0.05% -3K -10.4% $64.95 -3.6%
125 IYM ISHARES TR 8,096.0 $1.4M 0.05% -1K -13.5% $175.92 +3.3%
126 LOW LOWES COS INC Consumer Cyclical 5,944.0 $1.4M 0.05% -201.0 -3.3% $236.28 -9.0%
127 SLV ISHARES SILVER TR Financial Services 20,499.0 $1.4M 0.05% -2K -9.7% $68.14 +0.3%
128 FIXD FIRST TR EXCHNG TRADED FD VI 31,393.0 $1.4M 0.05% -3K -8.3% $43.59 -0.5%
129 GD GENERAL DYNAMICS CORP Industrials 3,837.0 $1.3M 0.05% -303.0 -7.3% $343.25 -0.1%
130 HEFA ISHARES TR 30,989.0 $1.3M 0.05% -2K -5.9% $42.50 +6.6%
131 HON HONEYWELL INTL INC Industrials 5,661.0 $1.3M 0.05% -261.0 -4.4% $226.06 +0.8%
132 LITE LUMENTUM HLDGS INC Technology 1,783.0 $1.3M 0.05% -2K -47.0% $702.89 +34.7%
133 SPHQ INVESCO EXCHANGE TRADED FD T 16,360.0 $1.2M 0.05% -2K -11.3% $75.19 +12.6%
134 QQQI NEOS ETF TRUST 24,208.0 $1.2M 0.04% -2K -8.1% $49.69 +13.3%
135 DE DEERE & CO Industrials 2,066.0 $1.2M 0.04% -95.0 -4.4% $563.49 -6.1%
136 NVS NOVARTIS AG Healthcare 7,484.0 $1.1M 0.04% -1K -14.9% $152.76 -0.5%
137 UDEC INNOVATOR ETFS TRUST 28,630.0 $1.1M 0.04% -8K -22.5% $38.84 +6.7%
138 XLSR SSGA ACTIVE TR 18,860.0 $1.1M 0.04% -684.0 -3.5% $57.74 +13.3%
139 AIQ GLOBAL X FDS 21,592.0 $1.0M 0.04% -12K -36.4% $46.67 +34.6%
140 IUSG ISHARES TR 6,448.0 $1.0M 0.04% -1K -15.7% $155.13 +20.3%
Page 7 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%