Gladstone Capital Management LLP 13F holdings, Q1 2025
Holdings as of March 31, 2025 · filings on SEC EDGAR · latest filing →
Gladstone Capital Management LLP disclosed 24 US equity positions worth $971.2m in its Q1 2025 13F filing. The largest position was META at 12.5% of the reported book, followed by Arch Capital Group Ltd and PM. Against the Q4 2024 filing, it opened 7 new positions, added to 3 and reduced 10 among the top 24 holdings.
What did Gladstone Capital Management LLP own in Q1 2025? Top 24 positions
| # | Stock | Sector | Weight | Value | Shares | Δ shares | vs Q4 2024 |
|---|---|---|---|---|---|---|---|
| 1 | META Meta Platforms Inc | Communication Services | 12.5% | $121.6m | 211,005 | 61% | added |
| 2 | Arch Capital Group Ltd | 12.5% | $121.5m | 1,263,448 | -6% | reduced | |
| 3 | PM Philip Morris International Inc | Consumer Defensive | 12.2% | $118.3m | 745,329 | -16% | reduced |
| 4 | ICE Intercontinental Exchanges Inc | Financial Services | 10.4% | $100.8m | 584,336 | 101% | added |
| 5 | AMZN Amazon.com Inc | Consumer Cyclical | 8.8% | $85.6m | 390,046 | 0% | held |
| 6 | BABA Alibaba Group Holding Ltd | Consumer Cyclical | 7.8% | $75.7m | 572,542 | 57154% | added |
| 7 | MSFT Microsoft Corp | Technology | 7.2% | $69.9m | 186,191 | -24% | reduced |
| 8 | GE General Electric Co | Industrials | 6.5% | $63.0m | 314,811 | -29% | reduced |
| 9 | SNOW Snowflake Inc | Technology | 6.3% | $60.8m | 416,311 | – | new |
| 10 | DE Deere & Co | Industrials | 6.0% | $58.7m | 125,059 | – | new |
| 11 | XYZ Block Inc | Technology | 4.7% | $45.9m | 844,746 | -14% | reduced |
| 12 | CBRE CBRE Group Inc | Real Estate | 2.8% | $27.0m | 206,791 | -38% | reduced |
| 13 | HLT Hilton Worldwide Holdings Inc | Consumer Cyclical | 2.0% | $19.2m | 84,219 | – | new |
| 14 | ARM Arm Holdings PLC | Technology | 0.1% | $1.3m | 11,815 | – | new |
| 15 | COIN Coinbase Global Inc | Financial Services | 0.1% | $843.9k | 4,900 | – | new |
| 16 | WMT Walmart Inc | Consumer Defensive | 0.0% | $353.5k | 4,027 | -99% | reduced |
| 17 | AAPL Apple Inc | Technology | 0.0% | $222.1k | 1,000 | -100% | reduced |
| 18 | ABNB Airbnb Inc | Consumer Cyclical | 0.0% | $119.5k | 1,000 | – | new |
| 19 | NVDA NVIDIA Corp | Technology | 0.0% | $108.4k | 1,000 | 0% | held |
| 20 | AVGO Broadcom Inc | Technology | 0.0% | $102.1k | 610 | -99% | reduced |
| 21 | NKE Nike Inc | Consumer Cyclical | 0.0% | $63.5k | 1,000 | – | new |
| 22 | TSLA Tesla Inc | Consumer Cyclical | 0.0% | $25.9k | 100 | -88% | reduced |
| 23 | KEY KeyCorp | Financial Services | 0.0% | $11.2k | 698 | 0% | held |
| 24 | DFSEUR Discover Financial Services | 0.0% | $8.4k | 49 | 0% | held |
Weights are shares of the reported long US equity book (options excluded). Values are as filed, normalised to whole dollars. Share changes compare against the immediately preceding filing only.