Latest Gladstone Capital Management LLP Stock Portfolio

Gladstone Capital Management LLP Performance:

2025 Q4: 5.05%YTD: 23.44%2024: 16.74%

Performance for 2025 Q4 is 5.05%, and YTD is 23.44%, and 2024 is 16.74%.

About Gladstone Capital Management LLP and 13F Hedge Fund Stock Holdings

On 2026-02-17, the fund reported it's updated stock portfolio. In the 13F Holdings report, Gladstone Capital Management LLP reported an equity portfolio of $969.3 Millions as of 31 Dec, 2025.

The top stock holdings of Gladstone Capital Management LLP are GOOG, RTX, MSFT. The fund has invested 19.2% of it's portfolio in ALPHABET INC and 12.3% of portfolio in RTX CORP.

The fund managers got completely rid off SERVICENOW INC (NOW) and DEERE & CO (DE) stocks. They significantly reduced their stock positions in INTERCONTINENTAL EXCHANGES INC (ICE), GENERAL ELECTRIC CO (GE) and PHILIP MORRIS INTERNATIONAL INC (PM). Gladstone Capital Management LLP opened new stock positions in QUANTA SERVICES INC (PWR), AIRBNB INC (ABNB) and TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD (TSM). The fund showed a lot of confidence in some stocks as they added substantially to AMAZON.COM INC (AMZN), SNOWFLAKE INC (SNOW) and ARCH CAPITAL GROUP LTD (ACGL).

Gladstone Capital Management LLP Annual Return Estimates Vs S&P 500

Our best estimate is that Gladstone Capital Management LLP made a return of 5.05% in the last quarter. In trailing 12 months, it's portfolio return was 23.44%.

Performance
S&P 500

New Buys

Ticker	$ Bought
quanta services inc	76,384,800
airbnb inc	28,379,100
taiwan semiconductor manufacturing co ltd	5,427,480
lululemon atheletic inc	685,773
alibaba group holding ltd	131,922
wingstop inc	23,849
nike inc	255

New stocks bought by Gladstone Capital Management LLP

Additions

Ticker	% Inc.
amazon.com inc	2,900
snowflake inc	2,332
arch capital group ltd	14.59
api group corp	11.44
atlassian corp	11.11
rtx corp	6.88
figma inc	2.9

Additions to existing portfolio by Gladstone Capital Management LLP

Reductions

Ticker	% Reduced
intercontinental exchanges inc	-99.94
general electric co	-74.94
philip morris international inc	-49.93
capital one finance corp	-44.4
doordash inc	-40.35
block inc	-26.94
broadcom inc	-26.51
microsoft corp	-8.36

Gladstone Capital Management LLP reduced stake in above stock

Sold off

Ticker	$ Sold
servicenow inc	-138,042
deere & co	-45,726

Gladstone Capital Management LLP got rid off the above stocks

Sector Distribution

Gladstone Capital Management LLP has about 28.9% of it's holdings in Industrials sector.

Sector	%
Industrials	28.9
Technology	26.8
Communication Services	24.4
Financial Services	7.4
Consumer Defensive	6.7
Consumer Cyclical	3.1
Real Estate	2

Market Cap. Distribution

Gladstone Capital Management LLP has about 99.3% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
MEGA-CAP	62.4
LARGE-CAP	36.9

Stocks belong to which Index?

About 91.3% of the stocks held by Gladstone Capital Management LLP either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	82.7
Others	8.7
RUSSELL 2000	8.6

Top 5 Winners (%)		%
GOOG	alphabet inc	27.9 %
CBRE	capital one finance corp	10.9 %
APG	api group corp	10.7 %
KEY	keycorp	10.4 %
RTX	rtx corp	9.3 %

Top 5 Winners ($)		$
GOOG	alphabet inc	43.0 M
RTX	rtx corp	10.1 M
APG	api group corp	8.1 M
AVGO	broadcom inc	4.1 M
ACGL	arch capital group ltd	3.6 M

Top 5 Losers (%)		%
	figma inc	-27.7 %
	arm holdings plc	-22.7 %
DASH	doordash inc	-13.4 %
SQ	block inc	-8.6 %
MSFT	microsoft corp	-6.3 %

Top 5 Losers ($)		$
MSFT	microsoft corp	-8.6 M
SQ	block inc	-4.4 M
DASH	doordash inc	-1.9 M
PM	philip morris international inc	-1.1 M
SNOW	snowflake inc	-0.5 M

Gladstone Capital Management LLP Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of Gladstone Capital Management LLP

Gladstone Capital Management LLP has 28 stocks in it's portfolio. About 90% of the portfolio is in top 10 stocks. MSFT proved to be the most loss making stock for the portfolio. GOOG was the most profitable stock for Gladstone Capital Management LLP last quarter.

Last Reported on: 17 Feb, 2026

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
ABNB	airbnb inc	2.93	209,100	28,379,100	new

ACGL	arch capital group ltd	7.43	750,533	71,991,100	added	14.59

AMZN	amazon.com inc	0.07	3,000	691,460	added	2,900

APG	api group corp	8.61	2,181,560	83,466,400	added	11.44

AVGO	broadcom inc	7.61	213,066	73,742,100	reduced	-26.51

BABA	alibaba group holding ltd	0.01	900	131,922	new

CBRE	capital one finance corp	1.95	78,097	18,927,600	reduced	-44.4

DASH	doordash inc	0.73	31,397	7,110,790	reduced	-40.35

DE	deere & co	0.00	0.00	0.00	sold off	-100

GE	general electric co	0.05	1,548	476,830	reduced	-74.94

GOOG	alphabet inc	19.25	595,957	186,535,000	reduced	-6.03

ICE	intercontinental exchanges inc	0.00	100	16,196	reduced	-99.94

KEY	keycorp	0.00	698	14,407	unchanged	0.00

LULU	lululemon atheletic inc	0.07	3,300	685,773	new

META	meta platforms inc	4.47	58,974	43,309,300	unchanged	0.00

MSFT	microsoft corp	11.91	238,707	115,443,000	reduced	-8.36

NKE	nike inc	0.00	4.00	255	new

NOW	servicenow inc	0.00	0.00	0.00	sold off	-100

NVDA	nvidia corp	0.02	1,000	186,500	unchanged	0.00

PM	philip morris international inc	6.75	407,642	65,385,800	reduced	-49.93