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Gladstone Capital Management LLP: 13F holdings, Q2 2026

Hedge fund · SEC EDGAR filings (CIK 1353394) · Explore on the interactive board

Gladstone Capital Management LLP disclosed 40 US equity positions worth $1.0bn in its Q2 2026 13F filing (holdings as of June 30, 2026, filed August 14, 2026). Its largest position is GOOGL at 17.8% of the reported book, followed by PWR, V. The top ten holdings are 88.6% of the book, and the portfolio behaves like about 10 equal-weight positions. Versus the prior filing it opened 12 new positions, added to 4, reduced 15 and exited 4. Note: this manager's most recent filing is 3934 quarters behind the newest quarter on file, so these figures are history rather than current positioning.

This manager's most recent filing is 3934 quarter(s) behind the newest quarter on file. Treat these figures as history, not current positioning.
$1.0bnreported US equity book
40positions
17.8%largest position
88.6%top 10 weight
10.45effective positions (1/HHI)
2quarters on file since Q1 2026

What does Gladstone Capital Management LLP own? Top holdings as of June 30, 2026

Change is measured in shares against the previous filing (Q1 2026), so price moves do not read as decisions. This quarter: 12 new, 4 added, 15 reduced, 4 exited.

#StockSectorWeightValueSharesΔ sharesAction
1 GOOGL ALPHABET INC Communication Services 17.8%$179.8m503,113 -19% reduced
2 PWR QUANTA SVCS INC Industrials 12.8%$129.8m180,244 -21% reduced
3 V VISA INC Financial Services 9.4%$95.2m277,412 22% added
4 RTX RTX CORPORATION Industrials 9.3%$94.1m496,055 -18% reduced
5 PM PHILIP MORRIS INTL INC Consumer Defensive 9.0%$90.6m501,070 24% added
6 TSM TAIWAN SEMICONDUCTOR MANUFAC Technology 8.0%$81.1m169,817 -21% reduced
7 AFL AFLAC INC Financial Services 7.0%$70.9m604,852 new
8 FTNT FORTINET INC Technology 6.0%$61.1m397,555 new
9 GLW CORNING INC Technology 4.8%$48.1m188,501 -47% reduced
10 SNDK SANDISK CORP Technology 4.5%$45.2m19,900 new
11 APG API GROUP CORP Industrials 3.9%$39.1m922,659 -50% reduced
12 ARCH CAP GROUP LTD 2.9%$29.8m306,665 -36% reduced
13 SNOW SNOWFLAKE INC Technology 1.6%$16.5m64,948 4207% added
14 XYZ BLOCK INC Technology 0.8%$8.6m112,828 -41% reduced
15 ALAB ASTERA LABS INC Technology 0.3%$3.5m7,200 new
16 PGR PROGRESSIVE CORP Financial Services 0.3%$3.2m14,640 new
17 AMAT APPLIED MATLS INC Technology 0.3%$3.2m4,360 new
18 DY DYCOM INDS INC Industrials 0.3%$3.1m6,040 new
19 LIN LINDE PLC Basic Materials 0.2%$1.7m3,230 -62% reduced
20 GE GE AEROSPACE Industrials 0.1%$975.8k2,611 -84% reduced
21 AVGO BROADCOM INC Technology 0.1%$895.3k2,370 -96% reduced
22 ARM ARM HOLDINGS PLC Technology 0.1%$744.6k2,100 110% added
23 MSFT MICROSOFT CORP Technology 0.1%$675.2k1,810 -99% reduced
24 QCOM QUALCOMM INC Technology 0.1%$591.3k3,200 new
25 ABNB AIRBNB INC Consumer Cyclical 0.1%$509.0k3,557 0% held
26 INTC INTEL CORP Technology 0.0%$285.8k2,047 new
27 FIG FIGMA INC Technology 0.0%$259.4k14,342 -16% reduced
28 FIX COMFORT SYS USA INC Industrials 0.0%$257.7k130 new
29 DELL DELL TECHNOLOGIES INC Technology 0.0%$195.0k452 new
30 DASH DOORDASH INC Consumer Cyclical 0.0%$184.5k1,000 0% held
31 ETN EATON CORP PLC Industrials 0.0%$170.4k400 new
32 NVDA NVIDIA CORPORATION Technology 0.0%$145.9k729 0% held
33 ICE INTERCONTINENTAL EXCHANGE IN Financial Services 0.0%$123.1k1,000 -88% reduced
34 LITE LUMENTUM HLDGS INC Technology 0.0%$85.8k100 0% held
35 MDLZ MONDELEZ INTL INC Consumer Defensive 0.0%$57.8k1,000 0% held
36 TSLA TESLA INC Consumer Cyclical 0.0%$42.1k100 0% held
37 AMZN AMAZON COM INC Consumer Cyclical 0.0%$23.8k100 0% held
38 WING WINGSTOP INC Consumer Cyclical 0.0%$17.3k100 0% held
39 KEY KEYCORP Financial Services 0.0%$16.1k698 0% held
40 DOCN DIGITALOCEAN HLDGS INC Technology 0.0%$15.7k100 -100% reduced

What did Gladstone Capital Management LLP sell? Positions exited since the previous filing

StockPrior weightPrior value
LHX L3HARRIS Technologies Inv94.0%$13.7m
LULU Lululemon Atheletic Inc4.7%$685.8k
CBRE Capital One Finance Corp1.3%$182.4k
NKE Nike Inc0.0%$211

Sector mix

SectorWeight
Technology26.8%
Industrials26.5%
Communication Services17.8%
Financial Services16.8%
Consumer Defensive9.0%
Basic Materials0.2%

Sectors cover positions whose ticker resolved to a sector; the remainder is unclassified, not cash.

Filing history

QuarterPositionsEquity value
Q2 202640$1.0bn
Q1 202632$995.9m

How concentrated is Gladstone Capital Management LLP's portfolio?

Across every quarter Gladstone Capital Management LLP has filed, its median largest position is 17.9% of the book and its median top-ten weight is 89.2%, which WhaleCreep classifies as concentrated (the gate is a median largest position of 5%). Of 4.0 completed holding spells, the median lasted 1.0 quarters; 40.0 positions are still open and their final length is unknown.