Gladstone Capital Management LLP
CIK 0001353394
Annualised vol
13.066724%
Beta
0.586199
HHI
957.384168
Top-10 weight
88.645089%
VaR 95%
1.143036%
VaR 99%
2.298509%
Max drawdown
26.377852%
Matched value
70.221676%
Returns of reported holdings
Loading returns…
Position changes vs prior quarter
What the latest 13F shows bought and sold against the quarter before, by share count.
| Ticker | Change | Shares now | Shares before | Share change % | Value now ($) |
|---|---|---|---|---|---|
| GOOGL | REDUCED | 503,113 | 624,783 | -19.47% | 179,797,493 |
| V | ADDED | 277,412 | 228,010 | 21.67% | 95,177,283 |
| RTX | REDUCED | 496,055 | 602,463 | -17.66% | 94,116,515 |
| PM | ADDED | 501,070 | 404,274 | 23.94% | 90,648,574 |
| AFL | NEW | 604,852 | - | - | 70,918,897 |
| FTNT | NEW | 397,555 | - | - | 61,072,399 |
| SNDK | NEW | 19,900 | - | - | 45,247,227 |
| APG | REDUCED | 922,659 | 1,846,147 | -50.02% | 39,074,609 |
| SNOW | ADDED | 64,948 | 1,508 | 4206.9% | 16,529,266 |
| XYZ | REDUCED | 112,828 | 192,507 | -41.39% | 8,574,928 |
| ALAB | NEW | 7,200 | - | - | 3,477,744 |
| LIN | REDUCED | 3,230 | 8,600 | -62.44% | 1,676,176 |
| AVGO | REDUCED | 2,370 | 65,825 | -96.4% | 895,268 |
| MSFT | REDUCED | 1,810 | 257,826 | -99.3% | 675,166 |
| ABNB | UNCHANGED | 3,557 | 3,557 | 0.0% | 509,007 |
| INTC | NEW | 2,047 | - | - | 285,823 |
| FIG | REDUCED | 14,342 | 17,081 | -16.04% | 259,447 |
| DELL | NEW | 452 | - | - | 195,020 |
| DASH | UNCHANGED | 1,000 | 1,000 | 0.0% | 184,530 |
| ETN | NEW | 400 | - | - | 170,448 |
| NVDA | UNCHANGED | 729 | 729 | 0.0% | 145,866 |
| MDLZ | UNCHANGED | 1,000 | 1,000 | 0.0% | 57,840 |
| TSLA | UNCHANGED | 100 | 100 | 0.0% | 42,060 |
| AMZN | UNCHANGED | 100 | 100 | 0.0% | 23,834 |
| WING | UNCHANGED | 100 | 100 | 0.0% | 17,341 |
| KEY | UNCHANGED | 698 | 698 | 0.0% | 16,089 |
| DOCN | CLOSED OUT | 0 | 496,702 | -100.0% | 0 |
| ACGL | CLOSED OUT | 0 | 482,222 | -100.0% | 0 |
| PWR | CLOSED OUT | 0 | 228,277 | -100.0% | 0 |
| TSM | CLOSED OUT | 0 | 215,663 | -100.0% | 0 |
| GE | CLOSED OUT | 0 | 16,303 | -100.0% | 0 |
| LITE | CLOSED OUT | 0 | 100 | -100.0% | 0 |
| NKE | CLOSED OUT | 0 | 4 | -100.0% | 0 |
Holdings (latest quarter)
| Ticker | Change | Issuer | Class | CUSIP | Value ($) | Weight % | Shares |
|---|---|---|---|---|---|---|---|
| GOOGL | REDUCED | ALPHABET INC | CAP STK CL A | 02079K305 | 179,797,493 | 17.79 | 503113.0 |
| - | QUANTA SVCS INC | COM | 74762E102 | 129,782,890 | 12.84 | 180244.0 | |
| V | ADDED | VISA INC | COM CL A | 92826C839 | 95,177,283 | 9.42 | 277412.0 |
| RTX | REDUCED | RTX CORPORATION | COM | 75513E101 | 94,116,515 | 9.31 | 496055.0 |
| PM | ADDED | PHILIP MORRIS INTL INC | COM | 718172109 | 90,648,574 | 8.97 | 501070.0 |
| - | TAIWAN SEMICONDUCTOR MANUFAC | SPONSORED ADS | 874039100 | 81,099,505 | 8.02 | 169817.0 | |
| AFL | NEW | AFLAC INC | COM | 001055102 | 70,918,897 | 7.02 | 604852.0 |
| FTNT | NEW | FORTINET INC | COM | 34959E109 | 61,072,399 | 6.04 | 397555.0 |
| - | CORNING INC | COM | 219350105 | 48,148,810 | 4.76 | 188501.0 | |
| SNDK | NEW | SANDISK CORP | COM | 80004C200 | 45,247,227 | 4.48 | 19900.0 |
| APG | REDUCED | API GROUP CORP | COM STK | 00187Y100 | 39,074,609 | 3.87 | 922659.0 |
| - | ARCH CAP GROUP LTD | ORD | G0450A105 | 29,764,905 | 2.94 | 306665.0 | |
| SNOW | ADDED | SNOWFLAKE INC | COM SHS | 833445109 | 16,529,266 | 1.64 | 64948.0 |
| XYZ | REDUCED | BLOCK INC | CL A | 852234103 | 8,574,928 | 0.85 | 112828.0 |
| ALAB | NEW | ASTERA LABS INC | COM | 04626A103 | 3,477,744 | 0.34 | 7200.0 |
| - | PROGRESSIVE CORP | COM | 743315103 | 3,198,108 | 0.32 | 14640.0 | |
| - | APPLIED MATLS INC | COM | 038222105 | 3,152,280 | 0.31 | 4360.0 | |
| - | DYCOM INDS INC | COM | 267475101 | 3,053,764 | 0.3 | 6040.0 | |
| LIN | REDUCED | LINDE PLC | SHS | G54950103 | 1,676,176 | 0.17 | 3230.0 |
| - | GE AEROSPACE | COM NEW | 369604301 | 975,809 | 0.1 | 2611.0 | |
| AVGO | REDUCED | BROADCOM INC | COM | 11135F101 | 895,268 | 0.09 | 2370.0 |
| - | ARM HOLDINGS PLC | SPONSORED ADS | 042068205 | 744,597 | 0.07 | 2100.0 | |
| MSFT | REDUCED | MICROSOFT CORP | COM | 594918104 | 675,166 | 0.07 | 1810.0 |
| - | QUALCOMM INC | COM | 747525103 | 591,328 | 0.06 | 3200.0 | |
| ABNB | UNCHANGED | AIRBNB INC | COM CLA | 009066101 | 509,007 | 0.05 | 3557.0 |
| INTC | NEW | INTEL CORP | COM | 458140100 | 285,823 | 0.03 | 2047.0 |
| FIG | REDUCED | FIGMA INC | CLASS A COM STK | 316841105 | 259,447 | 0.03 | 14342.0 |
| - | COMFORT SYS USA INC | COM | 199908104 | 257,654 | 0.03 | 130.0 | |
| DELL | NEW | DELL TECHNOLOGIES INC | CL C | 24703L202 | 195,020 | 0.02 | 452.0 |
| DASH | UNCHANGED | DOORDASH INC | CL A | 25809K105 | 184,530 | 0.02 | 1000.0 |
| ETN | NEW | EATON CORP PLC | SHS | G29183103 | 170,448 | 0.02 | 400.0 |
| NVDA | UNCHANGED | NVIDIA CORPORATION | COM | 67066G104 | 145,866 | 0.01 | 729.0 |
| - | INTERCONTINENTAL EXCHANGE IN | COM | 45866F104 | 123,110 | 0.01 | 1000.0 | |
| - | LUMENTUM HLDGS INC | COM | 55024U109 | 85,806 | 0.01 | 100.0 | |
| MDLZ | UNCHANGED | MONDELEZ INTL INC | CL A | 609207105 | 57,840 | 0.01 | 1000.0 |
| TSLA | UNCHANGED | TESLA INC | COM | 88160R101 | 42,060 | 0.0 | 100.0 |
| AMZN | UNCHANGED | AMAZON COM INC | COM | 023135106 | 23,834 | 0.0 | 100.0 |
| WING | UNCHANGED | WINGSTOP INC | COM | 974155103 | 17,341 | 0.0 | 100.0 |
| KEY | UNCHANGED | KEYCORP | COM | 493267108 | 16,089 | 0.0 | 698.0 |
| - | DIGITALOCEAN HLDGS INC | COM | 25402D102 | 15,703 | 0.0 | 100.0 |
Quarterly portfolios
| Period | Filed | Value ($) | Positions | Vol % | Beta | Max DD % |
|---|---|---|---|---|---|---|
| 2026-06-30 | 2026-08-14 | 1,010,783,119 | 40 | 13.066724 | 0.586199 | 26.377852 |
| 2026-03-31 | 2026-05-15 | 995,944,527 | 32 | 17.237366 | 0.787119 | 33.761128 |
| 2025-12-31 | 2026-02-17 | 969,260,405 | 28 | 19.967236 | 0.935322 | 36.934688 |
| 2025-09-30 | 2025-11-14 | 915,471,053 | 23 | 19.646441 | 0.928733 | 36.656895 |
| 2025-03-31 | 2025-05-13 | 971,188,257 | 24 | 17.226166 | 0.789104 | 29.204779 |
| 2024-12-31 | 2025-02-13 | 1,200,392,618 | 28 | 20.248258 | 0.975303 | 34.823507 |