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Livermore
Livermore
ZHEN

Gladstone Institutional Advisory LLC

SEC CIK
0001766530
Latest filing
Jul 27, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 12, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
657
+11 vs. Q4 2022
Portfolio value
$1.54B
+$127.4M (+9.0%) vs. Q4 2022
Filed
May 12, 2023
SEC
Holdings of Gladstone Institutional Advisory LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
SPYSPDR S&P 500 ETF TrustETF98,149$40.2M2.6%−11,041−10.1%ReducedHistory
AAPLApple Inc.Stock236,652$39.0M2.5%+2,249+1.0%AddedHistory
WisdomTree Tr97717Y527FLOATNG RAT TREA648,027$32.6M2.1%+38,091+6.2%Added–
First Tr Exchange-Traded FD33739Q408FIRST TR ENH NEW501,974$29.9M1.9%−60,416−10.7%Reduced–
iShares Core S&P 500 ETF464287200ETF68,836$28.3M1.8%+10,370+17.7%Added–
Vanguard S&P 500 ETF922908363ETF72,300$27.2M1.8%−19,189−21.0%Reduced–
Invesco Nasdaq 100 ETF46138G649ETF199,208$26.3M1.7%+45,148+29.3%Added–
State Street SPDR Portfolio S&P 500 ETF78464A854ETF542,415$26.1M1.7%+17,773+3.4%Added–
Invesco Exchange Traded FD T46137V357S&P500 EQL WGT173,783$25.1M1.6%+49,680+40.0%Added–
MSFTMicrosoft CorpStock79,312$22.9M1.5%−2,999−3.6%ReducedHistory
State Street Technology Select Sector SPDR ETF81369Y803ETF136,389$20.6M1.3%+19,671+16.9%Added–
Invesco Actively Managed Exc46090A887ULTRA SHRT DUR408,899$20.3M1.3%+408,899New–
AMZNAmazon Com IncStock161,506$16.7M1.1%−30,207−15.8%ReducedHistory
PIMCO ETF Tr72201R88225YR+ ZERO U S163,543$15.7M1.0%+82,009+100.6%Added–
Vanguard Long-Term Treasury ETF92206C847ETF217,454$14.2M0.9%+97,496+81.3%Added–
Goldman Sachs ETF Tr381430503ACTIVEBETA US LG169,830$13.8M0.9%−8,323−4.7%Reduced–
iShares S&P 500 Value ETF464287408ETF86,627$13.1M0.9%−9,279−9.7%Reduced–
JNJJohnson & JohnsonStock83,994$13.0M0.8%+21,698+34.8%AddedHistory
iShares S&P 500 Growth ETF464287309ETF199,156$12.7M0.8%−25,823−11.5%Reduced–
NVDANVIDIA CorpStock42,769$11.9M0.8%−1,642−3.7%ReducedHistory
iShares Core S&P Mid-Cap ETF464287507ETF47,436$11.9M0.8%−4,302−8.3%Reduced–
XOMExxonMobil Holdings CorpCOM101,372$11.1M0.7%+5,797+6.1%AddedHistory
iShares Core S&P Small Cap ETF464287804ETF111,896$10.8M0.7%−2,289−2.0%Reduced–
GOOGLAlphabet Inc.Stock98,536$10.2M0.7%+12,000+13.9%AddedHistory
Vanguard World FD921910709EXTENDED DUR112,683$10.2M0.7%+1,990+1.8%Added–
First Tr Exchng Traded FD VI33740F805SMITH OPPORT FXD220,713$9.95M0.6%−5,559−2.5%Reduced–
State Street Utilities Select Sector SPDR ETF81369Y886ETF144,296$9.77M0.6%−46,015−24.2%Reduced–
iShares Core MSCI Eafe ETF46432F842ETF139,890$9.35M0.6%+26,642+23.5%Added–
JPMJPMorgan Chase & CoStock70,491$9.19M0.6%+12,206+20.9%AddedHistory
Invesco Exch Traded FD Tr II46138E107EQUAL WEGT 0-30306,055$9.17M0.6%+306,055New–
Janus Detroit STR Tr47103U886HENDRSN SHRT ETF183,414$8.76M0.6%−11,006−5.7%Reduced–
SPDR Series Trust78468R101ST SHO TREAS ETF296,947$8.68M0.6%−12,385−4.0%Reduced–
NEENextera Energy IncStock112,109$8.64M0.6%+62,513+126.0%AddedHistory
METAMeta Platforms, Inc.Stock39,674$8.41M0.5%−2,564−6.1%ReducedHistory
Invesco Exch TRD SLF Idx FD46138J619RUSL 1000 DYNM177,868$8.27M0.5%+177,868New–
TSLATesla, Inc.Stock39,531$8.20M0.5%+3,492+9.7%AddedHistory
iShares U S ETF Tr46431W507SHOR DURA BD ETF164,822$8.18M0.5%+7,193+4.6%Added–
iShares Russell 2000 ETF464287655ETF45,049$8.04M0.5%−10,656−19.1%Reduced–
Goldman Sachs ETF Tr381430107ACTIVEBETA INT256,221$7.89M0.5%−8,074−3.1%Reduced–
HDHome Depot, Inc.Stock25,551$7.54M0.5%+2,781+12.2%AddedHistory
Global X FDS37954Y731CONSCIOUS COS253,856$7.49M0.5%+14,547+6.1%Added–
iShares MSCI USA Min Vol Factor ETF46429B697ETF102,416$7.45M0.5%−4,487−4.2%Reduced–
Schwab U.S. Large-Cap Value ETF808524409ETF113,540$7.45M0.5%−705−0.6%Reduced–
Invesco Exchange Traded FD T46137V167S&P SML600 VAL79,926$7.25M0.5%+79,926New–
GLDSPDR Gold TrustETF38,822$7.11M0.5%+9,933+34.4%AddedHistory
SPDR Index Shs FDS78463X202ST STR EU 50 ETF156,658$7.03M0.5%+156,658New–
BRK.BBerkshire Hathaway IncStock22,708$7.01M0.5%−248−1.1%ReducedHistory
Victory Portfolios II92647N782VCSHS US 500 ENH110,320$6.87M0.4%+11,541+11.7%Added–
CMCSAComcast CorpStock180,336$6.84M0.4%+43,922+32.2%AddedHistory
iShares Core Dividend Growth ETF46434V621ETF134,200$6.71M0.4%+15,588+13.1%Added–
State Street SPDR Portfolio Developed World Ex-US ETF78463X889ETF203,737$6.54M0.4%−4,720−2.3%Reduced–
Davis Fundamental ETF Tr23908L405SELCT INTL ETF355,558$6.53M0.4%+334,172+1,562.6%Added–
Invesco Exchange Traded FD T46137V258S&P500 PUR VAL85,488$6.49M0.4%+13,411+18.6%Added–
iShares Tr464287127MORNINGSTR US EQ111,699$6.30M0.4%+105+0.1%Added–
CVXChevron CorpStock38,472$6.28M0.4%−4,725−10.9%ReducedHistory
UNHUnitedHealth Group IncStock13,231$6.25M0.4%−2,712−17.0%ReducedHistory
CSCOCisco Systems, Inc.Stock119,176$6.23M0.4%+14,403+13.7%AddedHistory
MRKMerck & Co., Inc.Stock58,378$6.21M0.4%−38,699−39.9%ReducedHistory
CSXCSX CorpStock206,201$6.17M0.4%−1,425−0.7%ReducedHistory
Vanguard Morningstar Value ETF922908744ETF44,232$6.11M0.4%−5,616−11.3%Reduced–
iShares Inc464286822MSCI MEXICO ETF101,276$6.03M0.4%+101,276New–
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund72201R833ETF60,125$5.97M0.4%−2,187−3.5%Reduced–
iShares MSCI USA Quality Factor ETF46432F339ETF47,254$5.86M0.4%+868+1.9%Added–
COSTCostco Wholesale CorpStock11,658$5.79M0.4%+4,638+66.1%AddedHistory
JPMorgan Ultra-Short Income ETF46641Q837ETF114,808$5.78M0.4%+72,670+172.5%Added–
AVGOBroadcom Inc.Stock8,991$5.77M0.4%+683+8.2%AddedHistory
iShares Russell 1000 Growth ETF464287614ETF23,112$5.65M0.4%−827−3.5%Reduced–
Vanguard Information Technology ETF92204A702ETF14,279$5.50M0.4%−176−1.2%Reduced–
ETF Ser Solutions26922A321DISTILLATE US126,692$5.47M0.4%−683−0.5%Reduced–
DIASPDR Dow Jones Industrial Average ETF TrustUT SER 116,435$5.47M0.4%−364−2.2%ReducedHistory
VVisa Inc.Stock24,088$5.43M0.4%−4,720−16.4%ReducedHistory
State Street Health Care Select Sector SPDR ETF81369Y209ETF41,271$5.34M0.3%−9,824−19.2%Reduced–
PGProcter & Gamble CoStock35,598$5.29M0.3%−6,623−15.7%ReducedHistory
WisdomTree Tr97717X669US QTLY DIV GRT82,039$5.11M0.3%+4,703+6.1%Added–
Goldman Sachs ETF Tr38149W820INNOVAT EQ ETF109,864$5.10M0.3%+2,908+2.7%Added–
BJBJ's Wholesale Club Holdings, Inc.COM66,763$5.08M0.3%+2,009+3.1%AddedHistory
IBMInternational Business Machines CorpStock38,325$5.02M0.3%+12,194+46.7%AddedHistory
Schwab U.S. Large-Cap Growth ETF808524300ETF75,647$4.93M0.3%−653−0.9%Reduced–
State Street SPDR Portfolio S&P 600 Small Cap ETF78468R853ETF130,380$4.92M0.3%+14,811+12.8%Added–
State Street Energy Select Sector SPDR ETF81369Y506ETF58,884$4.88M0.3%−11,307−16.1%Reduced–
UPSUnited Parcel Service IncStock25,101$4.87M0.3%−2,042−7.5%ReducedHistory
ORCLOracle CorpStock52,187$4.85M0.3%+40,719+355.1%AddedHistory
iShares Tr464288208MRGSTR MD CP ETF79,458$4.82M0.3%−5,621−6.6%Reduced–
AFLAflac IncStock74,432$4.80M0.3%+26,729+56.0%AddedHistory
Alpha Architect ETF Tr02072L102US QUAN VALUE141,639$4.79M0.3%+11,172+8.6%Added–
Davis Fundamental ETF Tr23908L207SELECT US EQTY168,092$4.78M0.3%+6,388+4.0%Added–
UNPUnion Pacific CorpStock23,609$4.75M0.3%−1,197−4.8%ReducedHistory
SPDR Series Trust78464A664ST LON TREAS ETF152,654$4.71M0.3%+132,821+669.7%Added–
CBChubb LtdStock24,000$4.66M0.3%+8,305+52.9%AddedHistory
PFEPfizer IncStock113,939$4.65M0.3%−12,541−9.9%ReducedHistory
VanEck Semiconductor ETF92189F676ETF17,646$4.64M0.3%+15,179+615.3%Added–
KOCoca Cola CoStock74,819$4.64M0.3%−16,895−18.4%ReducedHistory
iShares Tr464288760US AER DEF ETF40,138$4.62M0.3%+36,685+1,062.4%Added–
First Tr Exchange-Traded FD33738D309SENIOR LN FD101,829$4.61M0.3%−8,190−7.4%Reduced–
LOWLowes Companies IncStock22,942$4.59M0.3%+7,097+44.8%AddedHistory
Cambria ETF Tr132061201SHSHLD YIELD ETF77,793$4.57M0.3%+3,880+5.2%Added–
Vanguard Morningstar Growth ETF922908736ETF17,685$4.41M0.3%−13,152−42.7%Reduced–
Global X FDS37954Y673US INFR DEV ETF152,744$4.33M0.3%+140,586+1,156.3%Added–
iShares Russell 1000 Value ETF464287598ETF28,312$4.31M0.3%−163−0.6%Reduced–
LLYEli Lilly & CoStock12,403$4.26M0.3%−1,593−11.4%ReducedHistory

Sold out since Q4 2022 (68)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of Gladstone Institutional Advisory LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
MCKMcKesson CorpStock12,959$4.86M0.3%History
WRBBerkley W R CorpCOM62,869$4.56M0.3%History
JBLJabil IncStock62,744$4.28M0.3%History
STLDSteel Dynamics IncCOM42,340$4.14M0.3%History
LULUlululemon athletica inc.Stock11,650$3.73M0.3%History
ACGLArch Capital Group Ltd.Stock56,967$3.58M0.3%History
State Street SPDR S&P Biotech ETF78464A870ETF27,196$2.26M0.2%–
First Tr Exchng Traded FD VI33740F870LOW DUR STRTGC103,362$1.91M0.1%–
First Tr Exchange-Traded FD33734X119CONSUMR STAPLE24,805$1.56M0.1%–
First Tr Exchange-Traded FD33738R852NASDQ FOD BVRG56,019$1.52M0.1%–
First Tr Exchange Traded FD33738R845NASDQ OIL GAS53,967$1.51M0.1%–
PFGPrincipal Financial Group IncCOM10,928$917.1K0.1%History
TMUST-Mobile US, Inc.Stock6,225$871.5K0.1%History
EAElectronic Arts Inc.COM6,684$816.7K0.1%History
KDPKeurig Dr Pepper Inc.COM21,510$767.0K0.1%History
MNSTMonster Beverage CorpCOM7,342$745.4K0.1%History
DXCMDexcom IncCOM6,507$736.9K0.1%History
First Tr Exchng Traded FD VI33740F748FT VEST US EQT18,007$633.3K<0.1%–
Global X Uranium ETF37954Y871ETF28,795$578.2K<0.1%–
Vanguard World FD921910873MEGA CAP INDEX3,855$510.4K<0.1%–
SPDR Series Trust78468R861STATE STRET SPDR26,101$481.6K<0.1%–
PXDPioneer Natural Resources CoCOM1,823$416.4K<0.1%History
iShares Tr46429B7470-5 YR TIPS ETF4,043$392.0K<0.1%–
TJXTJX Companies IncStock4,751$378.2K<0.1%History
Goldman Sachs ETF Tr381430230ULTR SHOR BD ETF7,447$369.0K<0.1%–
SHWSherwin Williams CoCOM1,437$341.1K<0.1%History
WisdomTree Tr97717Y691CLOUD COMPUTNG12,393$310.8K<0.1%–
CFRCullen/Frost Bankers, Inc.COM2,261$302.3K<0.1%History
MEDPMedpace Holdings, Inc.COM1,423$302.3K<0.1%History
AMCRAmcor plcORD24,775$295.1K<0.1%History
NNNNNN REIT, Inc.REIT6,383$292.1K<0.1%History
Invesco Exchange Traded FD T46137V761ENERG EXPL ETF9,559$282.8K<0.1%–
iShares Tr46434V1000-5YR INVT GR CP5,850$280.0K<0.1%–
First Trust Nasdaq-100 Technology Sector Index Fund337345102ETF2,642$278.1K<0.1%–
ETNEaton Corp plcStock1,752$275.0K<0.1%History
Invesco Exch TRD SLF Idx FD46138J650BULLSHS 24 USD11,280$271.5K<0.1%–
Vanguard Scottsdale FDS92206C680VNG RUS1000GRW4,918$271.1K<0.1%–
VLYValley National BancorpCOM23,464$265.4K<0.1%History
Legg Mason ETF Invt52468L406FRANKLIN US LOW6,595$250.9K<0.1%–
DBX ETF Tr233051820XTRACK MSCI ALL9,181$247.2K<0.1%–
DGDollar General CorpCOM987$243.1K<0.1%History
TSMTaiwan Semiconductor Manufacturing Co LtdADR3,248$242.0K<0.1%History
iShares Inc464286533MSCI EMERG MRKT4,457$236.4K<0.1%–
SUNSunoco LPCOM UT REP LP5,450$234.9K<0.1%History
First Tr Exchange Traded FD33738R100MULTI ASSET DI15,356$229.9K<0.1%–
CHGGChegg, IncCOM9,030$228.2K<0.1%History
JFRNuveen Floating Rate Income FundCOM27,825$220.4K<0.1%History
UUPInvesco DB US Dollar Index Bullish FundBULLISH FD7,884$219.3K<0.1%History
RRCRange Resources CorpCOM8,713$218.0K<0.1%History
NVONovo Nordisk A SADR1,603$216.9K<0.1%History
GLGlobe Life Inc.COM1,766$212.9K<0.1%History
PIMCO ETF Tr72201R866INTER MUN BD ACT4,138$212.6K<0.1%–
Invesco Exch TRD SLF Idx FD46138J585BULETSHS 20279,834$210.2K<0.1%–
BNY Mellon ETF Trust09661T404INTERNATIONL EQT3,361$209.4K<0.1%–
CNQCanadian Natural Resources LtdCOM3,696$205.2K<0.1%History
SUSuncor Energy IncStock6,442$204.4K<0.1%History
HCAHCA Healthcare, Inc.COM850$203.9K<0.1%History
CALXCalix, IncCOM2,932$200.6K<0.1%History
GHIGreystone Housing Impact Investors LPBEN UNIT CTF11,516$200.4K<0.1%History
NDAQNasdaq, Inc.COM3,264$200.3K<0.1%History
GOFGuggenheim Strategic Opportunities FundCOM SBI10,235$155.8K<0.1%History
HYTBlackRock Corporate High Yield Fund, Inc.COM12,956$113.2K<0.1%History
SWNSouthwestern Energy CoCOM12,068$70.6K<0.1%History
GasLog Partners LPY2687W108UNIT LTD PTNRP10,600$70.6K<0.1%–
HUMAHumacyte, Inc.COM12,098$25.5K<0.1%History
DNAGinkgo Bioworks Holdings, Inc.CL A SHS14,232$24.1K<0.1%History
LVOLiveOne, Inc.COMMON STOCK36,000$23.2K<0.1%History
FUBOFuboTV Inc.COM10,300$17.9K<0.1%History