Gladstone Capital Management LLP reported 40 positions worth $1.01B for the quarter ended Jun 30, 2026, up 1.5% on the prior quarter. It opened 12 new positions, added to 4, trimmed 15 and exited 4. Its largest holding is Alphabet Inc. at 17.8% of the portfolio.
Reported 13F market value at each quarter end. A change mixes trading with price moves in the positions held.
Dollar value of shares bought and sold each quarter, at that quarter’s price. It counts trading only, not price changes.
How many positions were opened, added to, trimmed or closed each quarter.
Share of reported value in each sector at every quarter end.
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| AFL Aflac Inc | +604.9K | – | $70.92M | 7.02% |
| FTNT Fortinet, Inc. | +397.6K | – | $61.07M | 6.04% |
| SNDK Sandisk Corp | +19.9K | – | $45.25M | 4.48% |
| PM Philip Morris International Inc. | +96.8K | +23.9% | $17.51M | 8.97% |
| V Visa Inc. | +49.4K | +21.7% | $16.95M | 9.42% |
| SNOW Snowflake Inc. | +63.4K | +4,206.9% | $16.15M | 1.64% |
| ALAB Astera Labs, Inc. | +7,200 | – | $3.48M | 0.344% |
| PGR Progressive Corp | +14.6K | – | $3.20M | 0.316% |
| AMAT Applied Materials Inc | +4,360 | – | $3.15M | 0.312% |
| DY Dycom Industries Inc | +6,040 | – | $3.05M | 0.302% |
| Holding | Change | Change % | Trade Value | Weight |
|---|---|---|---|---|
| MSFT Microsoft Corp | -256.0K | -99.3% | $95.50M | 0.067% |
| DOCN DigitalOcean Holdings, Inc. | -496.6K | -100.0% | $77.98M | <0.01% |
| GOOGL Alphabet Inc. | -121.7K | -19.5% | $43.48M | 17.79% |
| GLW Corning Inc | -168.4K | -47.2% | $43.02M | 4.76% |
| APG APi Group Corp | -923.5K | -50.0% | $39.11M | 3.87% |
| PWR Quanta Services, Inc. | -48.0K | -21.0% | $34.59M | 12.84% |
| AVGO Broadcom Inc. | -63.5K | -96.4% | $23.97M | 0.089% |
| TSM Taiwan Semiconductor Manufacturing Co Ltd | -45.8K | -21.3% | $21.89M | 8.02% |
| RTX RTX Corp | -106.4K | -17.7% | $20.19M | 9.31% |
| ACGL Arch Capital Group Ltd. | -175.6K | -36.4% | $17.04M | 2.94% |
| Holding | Shares | Trade Value | Weight |
|---|---|---|---|
| AFL Aflac Inc | +604.9K | $70.92M | 7.02% |
| FTNT Fortinet, Inc. | +397.6K | $61.07M | 6.04% |
| SNDK Sandisk Corp | +19.9K | $45.25M | 4.48% |
| ALAB Astera Labs, Inc. | +7,200 | $3.48M | 0.344% |
| PGR Progressive Corp | +14.6K | $3.20M | 0.316% |
| AMAT Applied Materials Inc | +4,360 | $3.15M | 0.312% |
| DY Dycom Industries Inc | +6,040 | $3.05M | 0.302% |
| QCOM Qualcomm Inc | +3,200 | $591.33K | 0.059% |
| INTC Intel Corp | +2,047 | $285.82K | 0.028% |
| FIX Comfort Systems Usa Inc | +130 | $257.65K | 0.025% |
| # | Activity | ||||||||
|---|---|---|---|---|---|---|---|---|---|
| 1 | GOOGL Alphabet Inc. | Technology | 503.1K | $179.80M | 17.79% | -121.7K | -19.5% | Reduced | 0.01% |
| 2 | PWR Quanta Services, Inc. | Industrials | 180.2K | $129.78M | 12.84% | -48.0K | -21.0% | Reduced | 0.12% |
| 3 | V Visa Inc. | Financial Services | 277.4K | $95.18M | 9.42% | +49.4K | +21.7% | Added | 0.02% |
| 4 | RTX RTX Corp | Industrials | 496.1K | $94.12M | 9.31% | -106.4K | -17.7% | Reduced | 0.04% |
| 5 | PM Philip Morris International Inc. | Consumer Staples | 501.1K | $90.65M | 8.97% | +96.8K | +23.9% | Added | 0.03% |
| 6 | TSM Taiwan Semiconductor Manufacturing Co Ltd | Technology | 169.8K | $81.10M | 8.02% | -45.8K | -21.3% | Reduced | 0% |
| 7 | AFL Aflac Inc | Financial Services | 604.9K | $70.92M | 7.02% | +604.9K | – | New | 0.12% |
| 8 | FTNT Fortinet, Inc. | Technology | 397.6K | $61.07M | 6.04% | +397.6K | – | New | 0.05% |
| 9 | GLW Corning Inc | Basic Materials | 188.5K | $48.15M | 4.76% | -168.4K | -47.2% | Reduced | 0.02% |
| 10 | SNDK Sandisk Corp | Technology | 19.9K | $45.25M | 4.48% | +19.9K | – | New | 0.01% |
| 11 | APG APi Group Corp | Industrials | 922.7K | $39.07M | 3.87% | -923.5K | -50.0% | Reduced | 0.21% |
| 12 | ACGL Arch Capital Group Ltd. | Financial Services | 306.7K | $29.76M | 2.94% | -175.6K | -36.4% | Reduced | 0.09% |
| 13 | SNOW Snowflake Inc. | Technology | 64.9K | $16.53M | 1.64% | +63.4K | +4,206.9% | Added | 0.02% |
| 14 | XYZ Block, Inc. | Technology | 112.8K | $8.57M | 0.848% | -79.7K | -41.4% | Reduced | 0.02% |
| 15 | ALAB Astera Labs, Inc. | Technology | 7,200 | $3.48M | 0.344% | +7,200 | – | New | 0% |
Tip. Select a row to see that position’s full history at Gladstone Capital Management LLP.
As of its Q2 2026 13F filing, Gladstone Capital Management LLP’s five largest positions were Alphabet Inc. (GOOGL) at 17.8%, Quanta Services, Inc. (PWR) at 12.8%, Visa Inc. (V) at 9.4%, RTX Corp (RTX) at 9.3%, Philip Morris International Inc. (PM) at 9.0% of the reported portfolio.
Gladstone Capital Management LLP reported a 13F portfolio worth $1.01B across 40 positions for Q2 2026. That is up 1.5% from the previous quarter.
Its largest purchases by value were Aflac Inc ($70.92M), Fortinet, Inc. ($61.07M), Sandisk Corp ($45.25M). It opened 12 new positions.
Its largest sales by value were Microsoft Corp ($95.50M), DigitalOcean Holdings, Inc. ($77.98M), Alphabet Inc. ($43.48M). It exited 4 positions entirely.
From the Form 13F-HR reports Gladstone Capital Management LLP files with the SEC each quarter, within 45 days of quarter end. A 13F lists long positions in US-listed equities and options; it excludes short positions, cash, bonds and most non-US holdings.
13F data reflects long positions in US-listed equities and options as reported to the SEC up to 45 days after quarter end. It excludes short positions, cash, bonds and most non-US securities, so it is not a complete picture of a manager’s assets.