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Portfolio (Quarterly) Guide ↗

Gladstone Institutional Advisory LLC

· CIK 0001766530
13F Portfolio $2.6B AUM Filed Feb 17, 2026 EDGAR ↗ ← All Funds
Q1 2026 Q4 2025 · All 788 New
Page 16 of 40  ·  788 positions
# Ticker Company Sector Shares Value ↓ % Port Chg Shares Chg % Period Price ① Since Period ①
301 SPYD SPDR SERIES TRUST 33,173.0 $1.4M 0.05% NEW $43.25 +10.4%
302 RJF RAYMOND JAMES FINL INC Financial Services 8,910.0 $1.4M 0.05% NEW $160.59 -5.1%
303 AMAT APPLIED MATLS INC Technology 5,537.0 $1.4M 0.05% NEW $256.99 +76.2%
304 ET ENERGY TRANSFER L P Energy 86,102.0 $1.4M 0.05% NEW $16.49 +19.3%
305 QQQI NEOS ETF TRUST 26,329.0 $1.4M 0.05% NEW $53.86 +5.5%
306 ADP AUTOMATIC DATA PROCESSING IN Industrials 5,467.0 $1.4M 0.05% NEW $257.24 -14.4%
307 GD GENERAL DYNAMICS CORP Industrials 4,140.0 $1.4M 0.05% NEW $336.69 +2.1%
308 LMBS FIRST TR EXCHANGE-TRADED FD 27,880.0 $1.4M 0.05% NEW $49.99 -0.6%
309 SPHQ INVESCO EXCHANGE TRADED FD T 18,451.0 $1.4M 0.05% NEW $75.05 +14.2%
310 CVS CVS HEALTH CORP Healthcare 17,425.0 $1.4M 0.05% NEW $79.36 +15.5%
311 BTQ BTQ TECHNOLOGIES CORP Technology 269,900.0 $1.4M 0.05% NEW $5.12 -20.9%
312 JSMD JANUS DETROIT STR TR 16,909.0 $1.4M 0.05% NEW $81.56 +16.5%
313 PNC PNC FINL SVCS GROUP INC Financial Services 6,538.0 $1.4M 0.05% NEW $208.74 +5.7%
314 HEFA ISHARES TR 32,943.0 $1.4M 0.05% NEW $41.36 +10.6%
315 ALL ALLSTATE CORP Financial Services 6,514.0 $1.4M 0.05% NEW $208.17 +2.9%
316 ROUS LATTICE STRATEGIES TR 23,452.0 $1.4M 0.05% NEW $57.71 +14.7%
317 USRT ISHARES TR 23,393.0 $1.3M 0.05% NEW $56.96 +15.6%
318 AFRM AFFIRM HLDGS INC Technology 17,859.0 $1.3M 0.05% NEW $74.43 -9.3%
319 GRAL GRAIL INC Healthcare 15,260.0 $1.3M 0.05% NEW $85.59 -16.5%
320 DUSA DAVIS FUNDAMENTAL ETF TR 25,463.0 $1.3M 0.05% NEW $51.13 +9.5%
Page 16 of 40  ·  788 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 30.5%
Financial Services 22.1%
Industrials 10.0%
Consumer Cyclical 9.7%
Communication Services 9.1%
Healthcare 8.3%
Consumer Defensive 4.0%
Energy 3.4%
Utilities 1.3%
Basic Materials 0.9%