13F HOLDINGS REPORT
Gladstone Capital Management LLP
Quarter ended Q4 2025 · Filed February 17, 2026 · Accession 0001353394-26-000002
Total Value
$969.3M
Positions
28
Other Managers
0
Confidential Omitted
No
Holdings (28)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Alphabet Inc | GOOG | 595,957 | $186.5M | 19.25% |
| 2 | RTX Corp | RTX | 650,965 | $119.4M | 12.32% |
| 3 | Microsoft Corp | MSFT | 238,707 | $115.4M | 11.91% |
| 4 | Api Group Corp | APG | 2,181,558 | $83.5M | 8.61% |
| 5 | Quanta Services Inc | 74762E102 | 180,981 | $76.4M | 7.88% |
| 6 | Broadcom Inc | AVGO | 213,066 | $73.7M | 7.61% |
| 7 | Arch Capital Group Ltd | G0450A105 | 750,533 | $72.0M | 7.43% |
| 8 | Philip Morris International Inc | 718172109 | 407,642 | $65.4M | 6.75% |
| 9 | Meta Platforms Inc | META | 58,974 | $43.3M | 4.47% |
| 10 | Snowflake Inc | SNOW | 169,002 | $37.1M | 3.82% |
| 11 | Block Inc | BSQKZ | 514,928 | $33.5M | 3.46% |
| 12 | Airbnb Inc | ABNB | 209,100 | $28.4M | 2.93% |
| 13 | Capital One Finance Corp | CBRE | 78,097 | $18.9M | 1.95% |
| 14 | DoorDash Inc | DASH | 31,397 | $7.1M | 0.73% |
| 15 | Taiwan Semiconductor Manufacturing Co Ltd | 874039100 | 17,860 | $5.4M | 0.56% |
| 16 | Amazon.com Inc | AMZN | 3,000 | $691,460 | 0.07% |
| 17 | Lululemon Atheletic Inc | LULU | 3,300 | $685,773 | 0.07% |
| 18 | Figma Inc | FIG | 17,081 | $638,317 | 0.07% |
| 19 | General Electric Co | 369604301 | 1,548 | $476,830 | 0.05% |
| 20 | NVIDIA Corp | NVDA | 1,000 | $186,500 | 0.02% |
| 21 | Atlassian Corp | TEAM | 1,000 | $162,140 | 0.02% |
| 22 | Alibaba Group Holding Ltd | BBAAY | 900 | $131,922 | 0.01% |
| 23 | Arm Holdings PLC | 042068205 | 1,000 | $109,310 | 0.01% |
| 24 | Tesla Inc | TSLA | 100 | $44,972 | 0.00% |
| 25 | Wingstop Inc | WING | 100 | $23,849 | 0.00% |
| 26 | Intercontinental Exchanges Inc | 45866F104 | 100 | $16,196 | 0.00% |
| 27 | KeyCorp | 493267108 | 698 | $14,407 | 0.00% |
| 28 | Nike Inc | NKE | 4 | $255 | 0.00% |