13F HOLDINGS REPORT
Gladstone Capital Management LLP
Quarter ended Q3 2025 · Filed November 14, 2025 · Accession 0001353394-25-000018
Total Value
$915.5M
Positions
23
Other Managers
0
Confidential Omitted
No
Holdings (23)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Alphabet Inc | GOOG | 634,200 | $154.2M | 16.84% |
| 2 | Microsoft Corp | MSFT | 260,496 | $134.9M | 14.74% |
| 3 | Philip Morris International Inc | 718172109 | 814,173 | $132.1M | 14.43% |
| 4 | RTX Corp | RTX | 609,068 | $101.9M | 11.13% |
| 5 | Broadcom Inc | AVGO | 289,912 | $95.6M | 10.45% |
| 6 | Api Group Corp | APG | 1,957,666 | $67.3M | 7.35% |
| 7 | Arch Capital Group Ltd | G0450A105 | 654,979 | $59.4M | 6.49% |
| 8 | Block Inc | BSQKZ | 704,811 | $50.9M | 5.56% |
| 9 | Meta Platforms Inc | META | 58,974 | $43.3M | 4.73% |
| 10 | Capital One Finance Corp | CBRE | 140,456 | $29.9M | 3.26% |
| 11 | Intercontinental Exchanges Inc | 45866F104 | 157,889 | $26.6M | 2.91% |
| 12 | DoorDash Inc | DASH | 52,636 | $14.3M | 1.56% |
| 13 | General Electric Co | 369604301 | 6,176 | $1.9M | 0.20% |
| 14 | Snowflake Inc | SNOW | 6,948 | $1.6M | 0.17% |
| 15 | Figma Inc | FIG | 16,600 | $861,042 | 0.09% |
| 16 | NVIDIA Corp | NVDA | 1,000 | $186,580 | 0.02% |
| 17 | Atlassian Corp | TEAM | 900 | $143,730 | 0.02% |
| 18 | Arm Holdings PLC | 042068205 | 1,000 | $141,490 | 0.02% |
| 19 | ServiceNow Inc | NOW | 150 | $138,042 | 0.02% |
| 20 | Deere & Co | DE | 100 | $45,726 | 0.00% |
| 21 | Tesla Inc | TSLA | 100 | $44,472 | 0.00% |
| 22 | Amazon.com Inc | AMZN | 100 | $21,957 | 0.00% |
| 23 | KeyCorp | 493267108 | 698 | $13,046 | 0.00% |