Gladstone Capital Management LLP
Sector Allocation
- Technology39.9%$403.4M
- Industrials26.2%$264.4M
- Financials19.7%$199.2M
- Consumer Staples9.0%$90.7M
- Materials4.9%$49.8M
- Energy0.3%$3.1M
- Consumer Discretionary0.0%$267,765
AUM History
13fpro.ai/research/fund/gladstone-capital-management-llp-1353394
Conviction and streaks
Diversifying · top 10 = 88.6%From the fund's last 12 quarters of 13F filings: positions held longest at size, and names it added to or trimmed several quarters running.
Largest positions — Q2 2026
GOOGL
$179.8MPWR
$129.8MV
$95.2MRTX
$94.1MPM
$90.6MTSM
$81.1MAFL
$70.9MFTNT
$61.1MGLW
$48.1MSNDK
$45.2MAPG
$39.1MACGL
$29.8MSNOW
$16.5MXYZ
$8.6MALAB
$3.5MPGR
$3.2MAMAT
$3.2MDY
$3.1MLIN
$1.7MGE
$976K
Top 20 stock positions. Options are left out: 13F reports them at the underlying's value.
13fpro.ai/research/fund/gladstone-capital-management-llp-1353394
Gladstone Capital Management LLP 13F holdings — Q2 2026
$1.0B portfolio (+1.5% QoQ) · 40 holdings · Q2 2026 13F · top 10 are 89% of the stock portfolio
$179.8M
17.8% of stocks
-19%This quarter-8.5%Since filed4 qtrsHeld$129.8M
12.8% of stocks
-21%This quarter-17.8%Since filed3 qtrsHeld$95.2M
9.4% of stocks
+22%This quarter+11.0%Since filed2 qtrsHeld$94.1M
9.3% of stocks
-18%This quarter-11.4%Since filed5 qtrsHeldAIQuality69.4#256Est. buyEstimated buy price is Pro: unlock with a free trialTrimmed 2 qtrs in a row$90.6M
9.0% of stocks
+24%This quarter+6.0%Since filed8 qtrsHeld$81.1M
8.0% of stocks
-21%This quarter-0.5%Since filed3 qtrsHeld$70.9M
7.0% of stocks
NewThis quarter-0.4%Since filedNew this quarterHeld$61.1M
6.0% of stocks
NewThis quarter+14.6%Since filedNew this quarterHeld$48.1M
4.8% of stocks
-47%This quarter-23.0%Since filed2 qtrsHeld$45.2M
4.5% of stocks
NewThis quarter-23.5%Since filedNew this quarterHeld
All holdings — Gladstone Capital Management LLP (Q2 2026)
40 disclosed positions from the Form 13F-HR on SEC EDGAR, with quarter-over-quarter share changes. Largest by value first; the ten above are not repeated.
| # | Company | Held | Source | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| 11 | APi Group Corp | Industrials | $39.1M | 3.9% | 923K | -50% | 4 qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 12 | ARCH CAPITAL GROUP LTD. | Financials | $29.8M | 2.9% | 307K | -36% | 10+ qtrsTrimmed 2 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 13 | Snowflake Inc. | Technology | $16.5M | 1.6% | 65K | +4207% | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 14 | Block, Inc. | Technology | $8.6M | 0.8% | 113K | -41% | 10+ qtrsTrimmed 6 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 15 | Astera Labs, Inc. | Technology | $3.5M | 0.3% | 7,200 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 16 | PROGRESSIVE CORP/OH/ | Financials | $3.2M | 0.3% | 15K | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 17 | APPLIED MATERIALS INC /DE | Technology | $3.2M | 0.3% | 4,360 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 18 | DYCOM INDUSTRIES INC | Energy | $3.1M | 0.3% | 6,040 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 19 | LINDE PLC | Materials | $1.7M | 0.2% | 3,230 | -62% | 2 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 20 | GENERAL ELECTRIC CO | Industrials | $976K | 0.1% | 2,611 | -84% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 21 | Broadcom Inc. | Technology | $895K | 0.1% | 2,370 | -96% | 7 qtrsTrimmed 3 qtrs in a row | AI quality score is Pro: unlock with a free trial | 13F | |
| 22 | ARM HOLDINGS PLC /UKadr | Technology | $745K | 0.1% | 2,100 | +110% | 6 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 23 | MICROSOFT CORP | Technology | $675K | 0.1% | 1,810 | -99% | 10+ qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 24 | QUALCOMM INC/DE | Technology | $591K | 0.1% | 3,200 | New | 1 qtr | AI quality score is Pro: unlock with a free trial | 13F | |
| 25 | Airbnb, Inc. | Technology | $509K | 0.1% | 3,557 | — | 3 qtrs | AI quality score is Pro: unlock with a free trial | 13F | |
| 26 | $INTC | INTEL CORP | Technology | $286K | 0.0% | 2,047 | New | |||
| 27 | $FIG | Figma, Inc. | Technology | $259K | 0.0% | 14K | -16% | |||
| 28 | $FIX | COMFORT SYSTEMS USA INC | Industrials | $258K | 0.0% | 130 | New | |||
| 29 | $DELL | Dell Technologies Inc. | Technology | $195K | 0.0% | 452 | New | |||
| 30 | $DASH | DoorDash, Inc. | Consumer Discretionary | $185K | 0.0% | 1,000 | — | |||
| 31 | $ETN | Eaton Corp plc | Industrials | $170K | 0.0% | 400 | New | |||
| 32 | $NVDA | NVIDIA CORP | Technology | $146K | 0.0% | 729 | — | |||
| 33 | $ICE | Intercontinental Exchange, Inc. | Financials | $123K | 0.0% | 1,000 | -88% | |||
| 34 | $LITE | Lumentum Holdings Inc. | Technology | $86K | 0.0% | 100 | — | |||
| 35 | $MDLZ | Mondelez International, Inc. | Consumer Staples | $58K | 0.0% | 1,000 | — | |||
| 36 | $TSLA | Tesla, Inc. | Consumer Discretionary | $42K | 0.0% | 100 | — | |||
| 37 | $AMZN | AMAZON COM INC | Consumer Discretionary | $24K | 0.0% | 100 | — | |||
| 38 | $WING | Wingstop Inc. | Consumer Discretionary | $17K | 0.0% | 100 | — | |||
| 39 | $KEY | KEYCORP /NEW/ | Financials | $16K | 0.0% | 698 | — | |||
| 40 | $DOCN | DigitalOcean Holdings, Inc. | Technology | $16K | 0.0% | 100 | -100% |
What changed in Q2 2026
Against the previous quarter's 13F: 12 new, 4 added to, 15 trimmed, 4 sold out. Share-count changes; largest moves by dollar size first.
New positions (12)
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
first bought this quarter
+6 more in the Excel export
Added to (4)
Trimmed (15)
$MSFTMICROSOFT CORP-99%
now $675K · held 10+ qtrs
$DOCNDigitalOcean Holdings, Inc.-100%
now $16K · held 2 qtrs
now $179.8M · held 4 qtrs
now $48.1M · held 2 qtrs
now $39.1M · held 4 qtrs, 2 trims in a row
now $129.8M · held 3 qtrs
+9 more in the Excel export
Holdings by quarter
Every 13F Gladstone Capital Management LLP has filed, 40 earlier quarters. Pick one to see what it held then.
Is it too late to follow Gladstone Capital Management LLP?
Q2 2026 13F filed with the SEC on Aug 14, 2026. Prices are closing prices as of Oct 26, 2026.
Average quality of Gladstone Capital Management LLP's top 20 holdings: 74/100 (our AI quality score, weighted by position size; 17 of the 20 are scored)
Top 10 since filing
-5.2%
Value-weighted move of the 10 largest stock positions
Turnover
24%
Last quarter; 116% over the last 4
Top 10 weight
89%
Share of the stock portfolio in its 10 largest positions
Held 4+ quarters
46%
Share of portfolio value in positions held a year or more
Highest-quality names it owns(among its 100 largest positions)
The 8 highest-scoring companies in this portfolio are a Pro feature.
How these are measured
- Moves since the quarter-end and since the filing date use our own daily closing prices, from the close on (or just before) each date to the latest close.
- Turnover is the lesser of shares bought or sold in a quarter, valued at the quarter-end prices in the 13F, divided by the average of the two quarters' stock portfolio values.
- Quarters held and add/trim streaks count back only through quarters whose filed holdings add up to the filing's own cover-page total (back to Q1 2024 for this fund). A change counts as an add or a trim when the split-adjusted share count moves by more than 1%.
- Estimate, not the fund's reported cost. For each quarter in the current holding period in which the fund's share count rose (split-adjusted), we take that quarter's average daily close and weight it by the shares added; sales do not change an average cost. Quarters where the stock's price history and the 13F's own implied price disagree by more than 2x are left out.
- Put and call option rows report the value of the underlying shares, not a position the fund paid for, so they are left out of all of the above.
Portfolio Overview
Gladstone Capital Management LLP disclosed 40 positions worth $1.0B in its Form 13F-HR for Q2 2026, led by $GOOGL (Alphabet Inc.) at 17.8% of the equity portfolio, followed by $PWR and $V. During the quarter the fund opened 12 new positions and exited 4 — including a new stake in $AFL and a full exit from $LHX. The portfolio is most concentrated in Technology (39.9% of disclosed assets). All figures are sourced directly from Gladstone Capital Management LLP’s Form 13F-HR filing with the SEC under CIK 1353394.
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AI-Powered Hedge Fund Analysis: Gladstone Capital Management LLP
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Every holding in Gladstone Capital Management LLP's portfolio is scored on an AI quality ranking built from its SEC filings (ROIC, FCF margin, revenue growth, institutional flow, earnings quality, shareholder dilution, and more). Track accumulation and distribution quarter over quarter, identify conviction positions, and see AI stock analysis for each position — alongside 8,700+ other institutional filers and 2,800+ AI-ranked companies.