Gladstone Institutional Advisory LLC
Long book
$2.70B
Q1 2026
Positions
829
Top-10 weight
20%
concentration
Last quarter
+12.7%
SPY +14.8%
Turnover
20%
of book per quarter
Strategy in plain words
auto-generated from filingsGladstone Institutional Advisory LLC is a wealth-management firm allocating client money, running a $2.70B US long book across 829 positions.
The portfolio is broadly diversified across 829 positions (top 10 only 20%). Turnover is modest: positions are typically held for years. Current anchor positions: NVIDIA CORP, APPLE INC, ISHARES CORE S&P 500 ETF, VANGUARD S&P 500 ETF, FT VEST LAD BUFFERVETF-USD I.
Over the last 9 quarters its long book ran on average 0.6pp per quarter behind the S&P 500, beating the index in 3 of 9 quarters. Its holdings are mechanical (indexing / client flows), so position changes carry no stock-picking signal.
Implied long-book return vs S&P 500
methodology: positions priced quarterly, no shorts/options Fund long book S&P 500
Q1 2024
+2.2%
Q2 2024
+6.0%
Q3 2024
+1.2%
Q4 2024
-3.6%
Q1 2025
+10.1%
Q2 2025
+7.3%
Q3 2025
+1.8%
Q4 2025
-2.9%
Q1 2026
+12.7%
Sector allocation
Technology 40%
Financials 12%
Industrials 11%
Consumer discretionary 10%
Healthcare 8%
Energy 6%
Services media 4%
Materials 3%
Long book by quarter
What does Gladstone Institutional own?
Q1 2026 13F| Company | Sector | Shares | Value | % of book | Change |
|---|---|---|---|---|---|
| NVDA NVIDIA CORP | Technology | 415.9K | $72.5M | 2.7% | +0.2% |
| AAPL APPLE INC | Technology | 276.8K | $70.3M | 2.6% | +1.5% |
| AMZN AMAZON.COM INC | Consumer discretionary | 203.3K | $42.3M | 1.6% | -5.4% |
| MSFT MICROSOFT CORP | Technology | 100.8K | $37.3M | 1.4% | +0.7% |
| GOOGL ALPHABET INC-CL A | Technology | 92.4K | $26.6M | 1.0% | +14.9% |
| META META PLATFORMS INC-CLASS A | Technology | 38.8K | $22.2M | 0.8% | -8.8% |
| JPM JPMORGAN CHASE & CO | Financials | 72.5K | $21.3M | 0.8% | -9.0% |
| XOM EXXON MOBIL CORP | Energy | 119.2K | $20.2M | 0.7% | +7.0% |
| AVGO BROADCOM INC | Technology | 58.1K | $18.0M | 0.7% | +4.2% |
| TSLA TESLA INC | Industrials | 46.9K | $17.4M | 0.6% | -7.4% |
| LLY ELI LILLY & CO | Healthcare | 18.7K | $17.2M | 0.6% | -6.9% |
| PCT PURECYCLE TECHNOLOGIES INC | Materials | 3.3M | $17.2M | 0.6% | -0.6% |
| BRK/B BERKSHIRE HATHAWAY INC-CL B | Financials | 35.9K | $17.2M | 0.6% | +0.1% |
| GOOG ALPHABET INC-CL C | Technology | 55.3K | $15.9M | 0.6% | -3.7% |
| JNJ JOHNSON & JOHNSON | Healthcare | 49.2K | $12.0M | 0.4% | -1.8% |
| CVX CHEVRON CORP | Energy | 56.3K | $11.7M | 0.4% | +2.3% |
| WMT WALMART INC | Consumer discretionary | 88.2K | $11.0M | 0.4% | -5.7% |
| MRK MERCK & CO. INC. | Healthcare | 84.5K | $10.2M | 0.4% | +2.1% |
| CSCO CISCO SYSTEMS INC | Technology | 121.2K | $9.4M | 0.3% | -9.3% |
| TE T1 ENERGY INC | Technology | 2.1M | $9.0M | 0.3% | +14.9% |
| PLTR PALANTIR TECHNOLOGIES INC-A | Technology | 61.1K | $8.9M | 0.3% | -10.3% |
| CSX CSX CORP | Industrials | 213.0K | $8.7M | 0.3% | 0.0% |
| CRWD CROWDSTRIKE HOLDINGS INC - A | Technology | 21.9K | $8.6M | 0.3% | +57.7% |
| COST COSTCO WHOLESALE CORP | Consumer discretionary | 8.5K | $8.4M | 0.3% | -4.8% |
| ABBV ABBVIE INC | Healthcare | 33.1K | $7.2M | 0.3% | +7.1% |
| GS GOLDMAN SACHS GROUP INC | Financials | 8.3K | $7.0M | 0.3% | -18.6% |
| V VISA INC-CLASS A SHARES | Services media | 22.6K | $6.8M | 0.3% | +0.4% |
| VLO VALERO ENERGY CORP | Energy | 27.4K | $6.8M | 0.3% | +1667.5% |
| AMD ADVANCED MICRO DEVICES | Technology | 31.3K | $6.4M | 0.2% | -6.7% |
| NFLX NETFLIX INC | Services media | 65.5K | $6.3M | 0.2% | -18.3% |
| VZ VERIZON COMMUNICATIONS INC | Communications | 125.4K | $6.3M | 0.2% | +1.9% |
| RTX RTX CORP | Industrials | 32.6K | $6.3M | 0.2% | +2.2% |
| IBM INTL BUSINESS MACHINES CORP | Technology | 25.9K | $6.3M | 0.2% | -10.3% |
| AXP AMERICAN EXPRESS CO | Financials | 20.2K | $6.1M | 0.2% | -13.7% |
| PG PROCTER & GAMBLE CO/THE | Other | 42.1K | $6.1M | 0.2% | +13.3% |
13F filing history
| Period | Form | Filed | Entries | Reported value | Flags | Source |
|---|---|---|---|---|---|---|
| Q1 2026 | 13F-HR | May 14, 2026 | 829 | $2.70B | canonical | SEC ↗ |
| Q4 2025 | 13F-HR | Feb 17, 2026 | 788 | $2.65B | canonical | SEC ↗ |
| Q3 2025 | 13F-HR | Oct 22, 2025 | 784 | $2.60B | canonical | SEC ↗ |
| Q2 2025 | 13F-HR | Aug 12, 2025 | 753 | $2.42B | canonical | SEC ↗ |
| Q1 2025 | 13F-HR | May 15, 2025 | 714 | $2.15B | canonical | SEC ↗ |
| Q4 2024 | 13F-HR | Jan 29, 2025 | 697 | $2.16B | canonical | SEC ↗ |
| Q3 2024 | 13F-HR | Oct 28, 2024 | 683 | $2.05B | canonical | SEC ↗ |
| Q2 2024 | 13F-HR | Aug 2, 2024 | 661 | $1.92B | canonical | SEC ↗ |
| Q1 2024 | 13F-HR | May 14, 2024 | 641 | $1.82B | canonical | SEC ↗ |