# Gladstone Institutional Advisory LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1766530. Source: https://holderbook.com/funds/1766530-gladstone-institutional-advisory-llc/

- Reported value: $3.2B
- Positions: 892
- Weight of the ten largest: 20.4%
- Filed: 2026-07-27

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $84.7M | 423,416 | 2.7% | 31 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $83.1M | 111,015 | 2.6% | 31 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $82.1M | 283,794 | 2.6% | 31 |
| FIRST TR EXCHNG TRADED FD VI | [BUFR](https://holderbook.com/stocks/BUFR/) | $76.7M | 2,099,250 | 2.4% | 12 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $67.1M | 97,638 | 2.1% | 31 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $54.7M | 73,288 | 1.7% | 31 |
| SPDR SERIES TRUST | [SPYM](https://holderbook.com/stocks/SPYM/) | $52.2M | 594,395 | 1.7% | 19 |
| SPDR SERIES TRUST | [SPTI](https://holderbook.com/stocks/SPTI/) | $51.2M | 1,802,308 | 1.6% | 10 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $47.7M | 200,317 | 1.5% | 31 |
| ISHARES TR | [IVW](https://holderbook.com/stocks/IVW/) | $45.7M | 332,038 | 1.4% | 31 |
| SPDR SERIES TRUST | [SPYG](https://holderbook.com/stocks/SPYG/) | $42.4M | 356,590 | 1.3% | 16 |
| FIRST TR EXCHANGE-TRADED FD | [RDVY](https://holderbook.com/stocks/RDVY/) | $42.2M | 520,450 | 1.3% | 22 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $38.3M | 102,748 | 1.2% | 31 |
| SPDR SERIES TRUST | [SPYV](https://holderbook.com/stocks/SPYV/) | $35.9M | 590,728 | 1.1% | 22 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $35.8M | 463,953 | 1.1% | 31 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $33.6M | 94,003 | 1.1% | 31 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $32.7M | 220,151 | 1.0% | 31 |
| PURECYCLE TECHNOLOGIES INC | [PCT](https://holderbook.com/stocks/PCT/) | $29.2M | 3,598,437 | 0.9% | 14 |
| INVESCO ACTIVELY MANAGED EXC | [GSY](https://holderbook.com/stocks/GSY/) | $29.2M | 581,585 | 0.9% | 14 |
| INVESCO EXCH TRADED FD TR II | [QQQM](https://holderbook.com/stocks/QQQM/) | $28.8M | 95,124 | 0.9% | 15 |
| GOLDMAN SACHS ETF TR | [GSLC](https://holderbook.com/stocks/GSLC/) | $25.9M | 182,380 | 0.8% | 31 |
| WISDOMTREE TR | [USFR](https://holderbook.com/stocks/USFR/) | $24.8M | 492,844 | 0.8% | 18 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $24.8M | 33,627 | 0.8% | 31 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $23.9M | 72,888 | 0.8% | 31 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $23.7M | 19,736 | 0.7% | 22 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $23.2M | 97,990 | 0.7% | 31 |
| COLUMBIA ETF TR I | [RECS](https://holderbook.com/stocks/RECS/) | $23.0M | 532,297 | 0.7% | 12 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $22.8M | 773,669 | 0.7% | 19 |
| SPDR SERIES TRUST | [SPMD](https://holderbook.com/stocks/SPMD/) | $22.5M | 333,055 | 0.7% | 18 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $22.3M | 230,889 | 0.7% | 30 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $21.7M | 57,512 | 0.7% | 22 |
| INVESCO EXCH TRD SLF IDX FD | [OMFL](https://holderbook.com/stocks/OMFL/) | $21.4M | 312,508 | 0.7% | 14 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $20.7M | 617,222 | 0.7% | 10 |
| T1 ENERGY INC | [TE](https://holderbook.com/stocks/TE/) | $19.9M | 2,104,356 | 0.6% | 3 |
| SPDR SERIES TRUST | [SPMB](https://holderbook.com/stocks/SPMB/) | $19.7M | 885,033 | 0.6% | 10 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $19.7M | 46,910 | 0.6% | 26 |
| ALPHABET INC | [GOOG](https://holderbook.com/stocks/GOOG/) | $19.7M | 55,828 | 0.6% | 31 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $19.3M | 34,262 | 0.6% | 31 |
| ISHARES TR | [QUAL](https://holderbook.com/stocks/QUAL/) | $19.2M | 87,335 | 0.6% | 22 |
| INVESCO EXCHANGE TRADED FD T | [RSP](https://holderbook.com/stocks/RSP/) | $18.5M | 86,748 | 0.6% | 21 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $17.8M | 35,506 | 0.6% | 31 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $17.3M | 79,155 | 0.5% | 31 |
| INVESCO EXCHANGE TRADED FD T | [XLG](https://holderbook.com/stocks/XLG/) | $16.9M | 276,809 | 0.5% | 9 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $16.6M | 193,222 | 0.5% | 31 |
| SELECT SECTOR SPDR TR | [XLK](https://holderbook.com/stocks/XLK/) | $16.5M | 86,525 | 0.5% | 26 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $15.8M | 42,933 | 0.5% | 31 |
| EXXON MOBIL CORP | [XOMXXXX](https://holderbook.com/stocks/XOMXXXX/) | $15.5M | 113,014 | 0.5% | 31 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $15.2M | 26,203 | 0.5% | 24 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $15.0M | 40,537 | 0.5% | 31 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $14.4M | 12,469 | 0.5% | 11 |
| SPDR SERIES TRUST | [BIL](https://holderbook.com/stocks/BIL/) | $14.0M | 152,392 | 0.4% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $13.7M | 116,777 | 0.4% | 31 |
| ISHARES TR | [IVE](https://holderbook.com/stocks/IVE/) | $13.5M | 59,282 | 0.4% | 31 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $13.4M | 52,767 | 0.4% | 31 |
| CROWDSTRIKE HLDGS INC | [CRWD](https://holderbook.com/stocks/CRWD/) | $13.3M | 17,371 | 0.4% | 23 |
| SELECT SECTOR SPDR TR | [XLI](https://holderbook.com/stocks/XLI/) | $12.9M | 69,815 | 0.4% | 22 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $12.9M | 170,472 | 0.4% | 21 |
| FIDELITY MERRIMACK STR TR | [FBND](https://holderbook.com/stocks/FBND/) | $12.8M | 280,428 | 0.4% | 29 |
| SIMPLIFY EXCHANGE TRADED FUN | [PINK](https://holderbook.com/stocks/PINK/) | $12.4M | 315,941 | 0.4% | 13 |
| SPDR SERIES TRUST | [SPSM](https://holderbook.com/stocks/SPSM/) | $11.9M | 206,805 | 0.4% | 18 |
| GOLDMAN SACHS ETF TR | [GSIE](https://holderbook.com/stocks/GSIE/) | $11.5M | 252,089 | 0.4% | 19 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $11.4M | 100,317 | 0.4% | 31 |
| MERCK & CO INC | [MRK](https://holderbook.com/stocks/MRK/) | $10.9M | 84,891 | 0.3% | 31 |
| ISHARES TR | [IWM](https://holderbook.com/stocks/IWM/) | $10.7M | 35,717 | 0.3% | 31 |
| VANGUARD WORLD FD | [VGT](https://holderbook.com/stocks/VGT/) | $10.6M | 88,809 | 0.3% | 31 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $10.1M | 213,278 | 0.3% | 20 |
| SCHWAB STRATEGIC TR | [SCHV](https://holderbook.com/stocks/SCHV/) | $10.0M | 286,956 | 0.3% | 30 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $9.7M | 120,581 | 0.3% | 27 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $9.6M | 68,488 | 0.3% | 31 |
| STATE STR SPDR DOW JONES IND | [DIA](https://holderbook.com/stocks/DIA/) | $9.3M | 17,804 | 0.3% | 31 |
| NEW YORK LIFE INVESTMENTS ET | [HFXI](https://holderbook.com/stocks/HFXI/) | $9.3M | 243,008 | 0.3% | 13 |
| SPDR INDEX SHS FDS | [FEZ](https://holderbook.com/stocks/FEZ/) | $9.0M | 131,129 | 0.3% | 5 |
| CHEVRON CORPORATION | [CVX](https://holderbook.com/stocks/CVX/) | $8.8M | 53,097 | 0.3% | 23 |
| GOLDMAN SACHS GROUP INC | [GS](https://holderbook.com/stocks/GS/) | $8.4M | 8,337 | 0.3% | 22 |
| FIRST TR EXCH TRADED FD III | [FPE](https://holderbook.com/stocks/FPE/) | $8.4M | 467,096 | 0.3% | 30 |
| ABBVIE INC | [ABBV](https://holderbook.com/stocks/ABBV/) | $8.3M | 33,122 | 0.3% | 31 |
| PIMCO ETF TR | [MINT](https://holderbook.com/stocks/MINT/) | $8.3M | 82,576 | 0.3% | 29 |
| WISDOMTREE TR | [DXJ](https://holderbook.com/stocks/DXJ/) | $8.3M | 47,812 | 0.3% | 12 |
| ISHARES TR | [ILCB](https://holderbook.com/stocks/ILCB/) | $8.2M | 79,144 | 0.3% | 18 |
| CATERPILLAR INC | [CAT](https://holderbook.com/stocks/CAT/) | $8.2M | 7,673 | 0.3% | 23 |
| ISHARES TR | [USMV](https://holderbook.com/stocks/USMV/) | $8.1M | 84,449 | 0.3% | 31 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $8.0M | 8,562 | 0.3% | 22 |
| ISHARES INC | [EMXC](https://holderbook.com/stocks/EMXC/) | $8.0M | 78,171 | 0.3% | 2 |
| HARBOR ETF TRUST | [OSEA](https://holderbook.com/stocks/OSEA/) | $8.0M | 261,255 | 0.3% | 2 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $7.9M | 32,449 | 0.2% | 31 |
| FIRST TR EXCHNG TRADED FD VI | [BUFQ](https://holderbook.com/stocks/BUFQ/) | $7.7M | 195,474 | 0.2% | 12 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $7.6M | 22,149 | 0.2% | 31 |
| INTERNATIONAL BUSINESS MACHS | [IBM](https://holderbook.com/stocks/IBM/) | $7.6M | 26,921 | 0.2% | 31 |
| SELECT SECTOR SPDR TR | [XLF](https://holderbook.com/stocks/XLF/) | $7.5M | 140,442 | 0.2% | 22 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $7.5M | 90,087 | 0.2% | 31 |
| VALERO ENERGY CORP | [VLO](https://holderbook.com/stocks/VLO/) | $7.4M | 28,368 | 0.2% | 20 |
| SELECT SECTOR SPDR TR | [XLV](https://holderbook.com/stocks/XLV/) | $7.3M | 45,869 | 0.2% | 31 |
| FIRST TR EXCHANGE TRAD FD VI | [FTGC](https://holderbook.com/stocks/FTGC/) | $7.3M | 268,950 | 0.2% | 21 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $7.3M | 58,453 | 0.2% | 31 |
| J P MORGAN EXCHANGE TRADED F | [JEPQ](https://holderbook.com/stocks/JEPQ/) | $7.2M | 117,880 | 0.2% | 7 |
| CAPITAL GROUP DIVIDEND VALUE | [CGDV](https://holderbook.com/stocks/CGDV/) | $7.2M | 145,843 | 0.2% | 9 |
| BLACKROCK ETF TRUST | [DYNF](https://holderbook.com/stocks/DYNF/) | $7.0M | 102,834 | 0.2% | 10 |
| AMERICAN EXPRESS CO | [AXP](https://holderbook.com/stocks/AXP/) | $7.0M | 20,596 | 0.2% | 22 |
| PACER FDS TR | [QDPL](https://holderbook.com/stocks/QDPL/) | $6.9M | 152,649 | 0.2% | 11 |
| PROCTER & GAMBLE CO | [PG](https://holderbook.com/stocks/PG/) | $6.8M | 46,176 | 0.2% | 31 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +12.5% | +14.8% | -2.3% | 100% |
| Q1 2026 | -3.2% | -4.6% | +1.4% | 100% |
| Q4 2025 | +1.3% | +2.4% | -1.1% | 100% |
| Q3 2025 | +6.9% | +7.8% | -0.9% | 100% |
| Q2 2025 | +9.6% | +10.5% | -0.8% | 100% |
| Q1 2025 | -4.0% | -4.6% | +0.6% | 100% |
| Q4 2024 | +0.7% | +2.1% | -1.4% | 100% |
| Q3 2024 | +5.5% | +5.4% | +0.1% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $3.2B | 892 |
| Q1 2026 | $2.7B | 829 |
| Q4 2025 | $2.6B | 788 |
| Q3 2025 | $2.6B | 784 |
| Q2 2025 | $2.4B | 753 |
| Q1 2025 | $2.1B | 714 |
| Q4 2024 | $2.2B | 697 |
| Q3 2024 | $2.0B | 683 |
| Q2 2024 | $1.9B | 661 |
| Q1 2024 | $1.8B | 641 |
| Q4 2023 | $1.8B | 665 |
| Q3 2023 | $1.5B | 619 |