Gladstone Capital Management LLP

All Holdings — 2025 Q4

AI Portfolio Summary
In 2025 Q4, Gladstone Capital Management LLP maintained a portfolio of 30 distinct positions. The most significant new addition to the portfolio was Quanta Services Inc, which now represents 7.88% of the total fund value. They heavily accumulated shares in RTX Corp, increasing their position by 6.9%. Conversely, Gladstone Capital Management LLP completely exited their position in ServiceNow Inc.
PCA Score Concentration Risk
Risk ENB
Total Positions
30
Quarter
2025 Q4
Top Holding
GOOGL (19.2%)
Top 10 Concentration
90.0%
Turnover Rate
23.4%
Sector HHI
0.18
Items per page:
1-25 of 30
Stock History Sector / Type Port % Prev % Rank / Prev Conviction Change % Change Influence Shares Mkt Value Avg Cost Price Held 1st Owned Source Source Date Date Reported
GOOGL
Alphabet Inc
Communication Services 19.25% 16.84% #1
Prev: #1
6.5 -38,243 -6.0%
P
S
595,957 $186,534,541 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
RTX
RTX Corp
Industrials 12.32% 11.13% #2 2
Prev: #4
7.5 41,897 6.9%
P
S
650,965 $119,386,981 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
MSFT
Microsoft Corp
Technology 11.91% 14.74% #3 1
Prev: #2
5.5 -21,789 -8.4%
P
S
238,707 $115,443,479 2019 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
APG
Api Group Corp
Industrials 8.61% 7.35% #4 2
Prev: #6
5.9 223,892 11.4%
P
S
2,181,558 $83,466,409 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
PWR
Quanta Services...
Industrials 7.88% #5
Prev: #—
7.2 180,981 no change
NEW
180,981 $76,384,841 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AVGO
Broadcom Inc
Technology 7.61% 10.45% #6 1
Prev: #5
3.0 -76,846 -26.5%
P
S
213,066 $73,742,143 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ACGL
Arch Capital Gr...
Financial Services 7.43% 6.49% #7
Prev: #7
5.0 95,554 14.6%
P
S
750,533 $71,991,125 2023 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
PM
Philip Morris I...
Consumer Defensive 6.75% 14.43% #8 5
Prev: #3
2.7 -406,531 -49.9%
P
S
407,642 $65,385,777 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
META
Meta Platforms ...
Communication Services 4.47% 4.73% #9
Prev: #9
2.8 no change no change
P
S
58,974 $43,309,326 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
SNOW
Snowflake Inc
Technology 3.82% 0.17% #10 4
Prev: #14
4.5 162,054 2332.4%
P
S
169,002 $37,072,279 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
XYZ
Block Inc
Technology 3.46% 5.56% #11 3
Prev: #8
1.4 -189,883 -26.9%
P
S
514,928 $33,516,664 2016 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
ABNB
Airbnb Inc
Consumer Cyclical 2.93% #12
Prev: #—
4.7 209,100 no change
NEW
209,100 $28,379,052 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
CBRE
Capital One Fin...
Real Estate 1.95% 3.26% #13 3
Prev: #10
0.8 -62,359 -44.4%
P
S
78,097 $18,927,589 2024 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
DASH
DoorDash Inc
Consumer Cyclical 0.73% 1.56% #14 2
Prev: #12
0.3 -21,239 -40.4%
P
S
31,397 $7,110,793 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
TSM
Taiwan Semicond...
Technology 0.56% #15
Prev: #—
3.7 17,860 no change
NEW
17,860 $5,427,475 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
AMZN
Amazon.com Inc
Consumer Cyclical 0.07% 0.00% #16 6
Prev: #22
3.0 2,900 2900.0%
P
S
3,000 $691,460 2020 Q2 13F Filing 2025-12-31 2026-02-14 (Est.)
LULU
Lululemon Athel...
Consumer Cyclical 0.07% #17
Prev: #—
3.5 3,300 no change
NEW
3,300 $685,773 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
FIG
Figma Inc
Technology 0.07% 0.09% #18 3
Prev: #15
0.5 481 2.9%
P
S
17,081 $638,317 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
GE
General Electri...
Industrials 0.05% 0.20% #19 6
Prev: #13
0.0 -4,628 -74.9%
P
S
1,548 $476,830 2024 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
NVDA
NVIDIA Corp
Technology 0.02% 0.02% #20 4
Prev: #16
1.0 no change no change
P
S
1,000 $186,500 2015 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
TEAM
Atlassian Corp
Technology 0.02% 0.02% #21 4
Prev: #17
2.0 100 11.1%
P
S
1,000 $162,140 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
BABA
Alibaba Group H...
Consumer Cyclical 0.01% #22
Prev: #—
3.5 900 no change
NEW
900 $131,922 2016 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
ARM
Arm Holdings PL...
Technology 0.01% 0.02% #23 5
Prev: #18
1.0 no change no change
P
S
1,000 $109,310 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
TSLA
Tesla Inc
Consumer Cyclical 0.00% 0.00% #24 3
Prev: #21
1.0 no change no change
P
S
100 $44,972 2024 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
WING
Wingstop Inc
Consumer Cyclical 0.00% #25
Prev: #—
3.5 100 no change
NEW
100 $23,849 2025 Q4 13F Filing 2025-12-31 2026-02-14 (Est.)
NOW
ServiceNow Inc
Technology 0.00% 0.02%
Sold All 😨
(Was: #19)
0.0 -150 -100.0%
CLOSED
$— 2025 Q3 13F Filing 2025-12-31 2026-02-14 (Est.)
DE
Deere & Co
Industrials 0.00% 0.00%
Sold All 😨
(Was: #20)
0.0 -100 -100.0%
CLOSED
$— 2025 Q1 13F Filing 2025-12-31 2026-02-14 (Est.)
Showing 1-25 of 30 holdings

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