Gladstone Capital Management LLP
Filing Date
Global Rank
#1,511
/ 8,232
▲ 163
Top Industry
Engineering & Construction
20.1%
3Y Alpha vs SPY
-0.5%
Period ended 2 months ago
Filed May 15, 2026 · 30d
25 quarters · since Mar 2020
Clone Performance
Jun 2023–Jun 2026 · vs SPYHypothetical growth of cloning every reported 13F position and rebalancing on each filing, indexed to the same start.
Cloned portfolio
+74.3%
SPY
+76.3%
Annualised alpha
-0.5%
Max drawdown
−18.7%
Estimate. 13F holdings are quarter-lagged and long-only, so the clone rebalances about 45 days after each period end — when the filing becomes public — and excludes options and short positions. Past performance does not predict future results.
Portfolio Concentration
32 positions · as of Mar 31, 2026 · Δ vs Dec 31, 2025Top Position
18.0%
−1.4 pts
Top 5
59.4%
−1.2 pts
Top 10
89.9%
−0.7 pts
HHI
987
Diversified−49
Portfolio Trend
25 quarters · across all stocks
Sector Breakdown
As of Mar 31, 2026| Sector | % Portfolio | Value |
|---|---|---|
| Industrials | 33.6% | $334,697,366 |
| Technology | 29.4% | $292,357,824 |
| Communication Services | 18.0% | $179,662,599 |
| Financial Services | 11.7% | $116,521,649 |
| Consumer Defensive | 6.7% | $66,900,303 |
| Basic Materials | 0.4% | $4,263,536 |
| Consumer Cyclical | 0.1% | $1,178,267 |
| Real Estate | 0.0% | $135,460 |
Last Quarter's Activity
Export CSVAdded To
Positions the filer increased
6 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| TSM | Taiwan Semiconductor Manufacturing Co Ltd | +197,803 | 215,663 | $72,883,310 | |
| PWR | Quanta Services, Inc. | +47,296 | 228,277 | $125,328,638 | |
| GOOGL | Alphabet Inc. | +28,826 | 624,783 | $179,662,599 | |
| MSFT | Microsoft Corp | +19,119 | 257,826 | $95,439,450 | |
| GE | General Electric Co | +14,755 | 16,303 | $4,626,302 | |
| ICE | Intercontinental Exchange, Inc. | +8,200 | 8,300 | $1,305,424 | |
| No positions match the current search. | |||||
Trimmed
Positions the filer reduced
12 positions
| Ticker | Company | Δ Shares | Shares | Value | Open |
|---|---|---|---|---|---|
| APG | APi Group Corp | −335,411 | 1,846,147 | $74,805,876 | |
| XYZ | Block, Inc. | −322,421 | 192,507 | $11,585,071 | |
| ACGL | Arch Capital Group Ltd. | −268,311 | 482,222 | $46,288,489 | |
| ABNB | Airbnb, Inc. | −205,543 | 3,557 | $449,177 | |
| SNOW | Snowflake Inc. | −167,494 | 1,508 | $227,436 | |
| AVGO | Broadcom Inc. | −147,241 | 65,825 | $20,373,495 | |
| CBRE | Cbre Group, Inc. | −77,097 | 1,000 | $135,460 | |
| RTX | RTX Corp | −48,502 | 602,463 | $116,215,112 | |
| DASH | DoorDash, Inc. | −30,397 | 1,000 | $150,150 | |
| PM | Philip Morris International Inc. | −3,368 | 404,274 | $66,842,663 | |
| AMZN | Amazon Com Inc | −2,900 | 100 | $20,827 | |
| NVDA | Nvidia Corp | −271 | 729 | $127,137 | |
| No positions match the current search. | |||||
New Positions
Positions the filer opened this quarter
7 positions
| Ticker | Company | Shares | Value | Open |
|---|---|---|---|---|
| V | Visa Inc. | 228,010 | $68,913,742 | |
| GLW | Corning Inc /Ny | 356,933 | $48,532,180 | |
| DOCN | DigitalOcean Holdings, Inc. | 496,702 | $42,607,097 | |
| LHX | L3harris Technologies, Inc. /De/ | 39,755 | $13,721,438 | |
| LIN | Linde PLC | 8,600 | $4,263,536 | |
| LITE | Lumentum Holdings Inc. | 100 | $70,276 | |
| MDLZ | Mondelez International, Inc. | 1,000 | $57,640 | |
| No positions match the current search. | ||||
11 positions ·
$292,357,824 total
· Technology only
· as of Mar 31, 2026
All sectors
Basic Materials
Communication Services
Consumer Cyclical
Consumer Defensive
Financial Services
Industrials
Real Estate
Technology
| Ticker | Company | Type | Shares | Value (USD) | % of Portfolio | History |
|---|---|---|---|---|---|---|
| MSFT |
Microsoft Corp
Technology
|
Added | 257,826 | $95,439,450 | 32.64% | |
| TSM |
Taiwan Semiconductor Manufacturing Co Ltd
Technology
|
Added | 215,663 | $72,883,310 | 24.93% | |
| GLW |
Corning Inc /Ny
Technology
|
NEW | 356,933 | $48,532,180 | 16.60% | |
| DOCN |
DigitalOcean Holdings, Inc.
Technology
|
NEW | 496,702 | $42,607,097 | 14.57% | |
| AVGO |
Broadcom Inc.
Technology
|
Reduced | 65,825 | $20,373,495 | 6.97% | |
| XYZ |
Block, Inc.
Technology
|
Reduced | 192,507 | $11,585,071 | 3.96% | |
| FIG |
Figma, Inc.
Technology
|
Held | 17,081 | $361,092 | 0.12% | |
| SNOW |
Snowflake Inc.
Technology
|
Reduced | 1,508 | $227,436 | 0.08% | |
| ARM |
Arm Holdings PLC /Uk
Technology
|
Held | 1,000 | $151,280 | 0.05% | |
| NVDA |
Nvidia Corp
Technology
|
Reduced | 729 | $127,137 | 0.04% | |
| LITE |
Lumentum Holdings Inc.
Technology
|
NEW | 100 | $70,276 | 0.02% |