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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 9 of 15  ·  287 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
161 FTSL FIRST TR EXCHANGE-TRADED FD 18,120.0 $812K 0.03% -51K -73.7% $44.80 +0.2%
162 VUSB VANGUARD BD INDEX FDS 16,197.0 $806K 0.03% -284.0 -1.7% $49.79 -0.1%
163 TDIV FIRST TR EXCHANGE TRADED FD 8,603.0 $806K 0.03% -703.0 -7.5% $93.67 +23.8%
164 VTWG VANGUARD SCOTTSDALE FDS 3,507.0 $803K 0.03% -4K -50.1% $229.07 +18.7%
165 DHR DANAHER CORP DEL Healthcare 4,215.0 $799K 0.03% -99.0 -2.3% $189.60 -9.3%
166 XCEM COLUMBIA ETF TR II 19,227.0 $785K 0.03% -109K -85.0% $40.81 +21.0%
167 GILD GILEAD SCIENCES INC Healthcare 5,578.0 $778K 0.03% -4K -43.0% $139.39 -3.6%
168 THNQ EXCHANGE TRADED CONCEPTS TRU 13,129.0 $775K 0.03% -595.0 -4.3% $59.01 +43.6%
169 INTU INTUIT Technology 1,777.0 $768K 0.03% -651.0 -26.8% $432.38 -26.0%
170 IUSV ISHARES TR 7,482.0 $765K 0.03% -1K -15.9% $102.25 +7.9%
171 DELL DELL TECHNOLOGIES INC Technology 4,653.0 $764K 0.03% -1K -22.7% $164.16 +79.8%
172 COF CAPITAL ONE FINL CORP Financial Services 4,138.0 $755K 0.03% -6K -60.9% $182.47 +2.9%
173 FLMI FRANKLIN TEMPLETON ETF TR 29,824.0 $739K 0.03% -1K -4.3% $24.79 +0.0%
174 GRAL GRAIL INC Healthcare 14,198.0 $734K 0.03% -1K -7.0% $51.68 +30.0%
175 GIL GILDAN ACTIVEWEAR INC Consumer Cyclical 13,123.0 $730K 0.03% -690.0 -5.0% $55.65 +4.5%
176 KXI ISHARES TR 10,847.0 $727K 0.03% -24K -68.7% $67.02 +3.0%
177 KMI KINDER MORGAN INC DEL Energy 20,928.0 $702K 0.03% -460.0 -2.1% $33.53 +0.8%
178 CLS CELESTICA INC Technology 2,453.0 $691K 0.03% -153.0 -5.9% $281.68 +30.4%
179 FIRST TR EXCH TRADED FD III 9,779.0 $688K 0.03% -135.0 -1.4% $70.36
180 PGR PROGRESSIVE CORP Financial Services 3,465.0 $687K 0.03% -2K -31.2% $198.27 +0.6%
Page 9 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%