Gladstone Capital Management LLP
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Gladstone Capital Management LLP reported 18 stock positions worth $1.1 billion. Its top holding was Alphabet Class A (GOOGL) at 12.8% of the portfolio, followed by Microsoft (MSFT, 12.4%) and Arch Capital (ACGL, 12.4%). Compared with Q1 2024, it opened 4 new positions, sold out of 6, added to 7 and reduced 7. The biggest buy was General Electric (GE, shares +1783%) and the biggest sale Union Pacific (UNP, shares −99%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001353394
- Portfolio Value
- $1.1B (Q2 2024)
- SEC Filing
- 0001172661-24-003353 ↗ filed Aug 14, 2024
Holdings Value
Holdings 18 stocks · $1.1B
| GOOGL Alphabet Inc. Class A | 12.77% | 793,359 | $144.5M | Add +3.7% |
| MSFT Microsoft Corp. | 12.45% | 315,150 | $140.9M | Reduce -12.7% |
| ACGL Arch Capital Group Ltd. | 12.39% | 1,389,951 | $140.2M | Add +0.6% |
| AMZN Amazon.com Inc. | 11.96% | 700,416 | $135.4M | Add +80.7% |
| GE General Electric filed as GE AEROSPACE | 11.21% | 797,681 | $126.8M | Add +1783.0% |
| NVDA Nvidia Corp. | 7.16% | 656,010 | $81.0M | Reduce -22.3% |
| AAPL Apple Inc. | 6.40% | 344,000 | $72.5M | New |
| GEV GE Vernova Inc. | 5.12% | 337,752 | $57.9M | Add +3089.2% |
| MDB Mongodb Inc. | 4.88% | 221,039 | $55.3M | Reduce -0.2% |
| XYZ Block Inc. | 4.04% | 709,087 | $45.7M | Reduce -38.9% |
| FCNCA First Citizens Bcshs Class A | 3.34% | 22,463 | $37.8M | Reduce -3.2% |
| MU Micron Technology Inc. | 2.98% | 256,500 | $33.7M | New |
| DFS Discover Financial Services | 2.73% | 235,923 | $30.9M | Add +21.5% |
| WDC Western Digital Corp. | 1.68% | 251,373 | $19.0M | New |
| BABA Alibaba Group Holding-SP ADR | 0.66% | 103,141 | $7.4M | Add +774.1% |
| COO The Cooper Cos Inc. | 0.13% | 16,600 | $1.4M | New |
| UNP Union Pacific Corp. | 0.07% | 3,302 | $747K | Reduce -98.9% |
| ANET Arista Networks Inc. | 0.03% | 1,000 | $350K | Reduce -99.6% |
Portfolio Sells Q1 2024 → Q2 2024
| UNP Union Pacific Corp. | Reduce -98.9% | 0.07% | −7.25 |
| ANET Arista Networks Inc. | Reduce -99.6% | 0.03% | −6.67 |
| XYZ Block Inc. | Reduce -38.9% | 4.04% | −5.67 |
| DLR Digital Realty Trust Inc. | Sold out | 0.00% | −3.58 |
| MDB Mongodb Inc. | Reduce -0.2% | 4.88% | −2.98 |
| MSFT Microsoft Corp. | Reduce -12.7% | 12.45% | −2.59 |
| NU Nu Holdings Ltd./Cayman Isl-A | Sold out | 0.00% | −2.22 |
| UBER Uber Technologies Inc. | Sold out | 0.00% | −0.97 |
| H Hyatt Hotels Corp. Class A | Sold out | 0.00% | −0.70 |
| FCNCA First Citizens Bcshs Class A | Reduce -3.2% | 3.34% | −0.42 |
| NVDA Nvidia Corp. | Reduce -22.3% | 7.16% | −0.39 |
| COIN Coinbase Global Inc. Class A | Sold out | 0.00% | −0.20 |
| LULU Lululemon Athletica Inc. | Sold out | 0.00% | −0.02 |
Portfolio Buys Q1 2024 → Q2 2024
| GE General Electric | Add +1783.0% | 11.21% | +10.47 |
| AAPL Apple Inc. | New | 6.40% | +6.40 |
| AMZN Amazon.com Inc. | Add +80.7% | 11.96% | +5.04 |
| GEV GE Vernova Inc. | Add +3089.2% | 5.12% | +4.94 |
| MU Micron Technology Inc. | New | 2.98% | +2.98 |
| WDC Western Digital Corp. | New | 1.68% | +1.68 |
| GOOGL Alphabet Inc. Class A | Add +3.7% | 12.77% | +1.34 |
| BABA Alibaba Group Holding-SP ADR | Add +774.1% | 0.66% | +0.57 |
| DFS Discover Financial Services | Add +21.5% | 2.73% | +0.21 |
| COO The Cooper Cos Inc. | New | 0.13% | +0.13 |
| ACGL Arch Capital Group Ltd. | Add +0.6% | 12.39% | −0.26 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 40 | $1.0B | GOOGL, PWR, V, RTX, PM |
| Q1 2026 | 32 | $995.9M | GOOGL, PWR, RTX, MSFT, APG |
| Q4 2025 | 28 | $969.3M | GOOGL, RTX, MSFT, APG, PWR |
| Q3 2025 | 23 | $915.5M | GOOGL, MSFT, PM, RTX, AVGO |
| Q2 2025 | 22 | $969.2M | PM, ICE, ACGL, META, AMZN |
| Q1 2025 | 24 | $971.2M | META, ACGL, PM, ICE, AMZN |
| Q4 2024 | 28 | $1.2B | AAPL, ACGL, PM, MSFT, AMZN |
| Q3 2024 | 22 | $1.2B | GOOGL, MSFT, ACGL, GE, PM |
| Q2 2024 | 18 | $1.1B | GOOGL, MSFT, ACGL, AMZN, GE |
| Q1 2024 | 19 | $1.0B | MSFT, ACGL, GOOGL, XYZ, MDB |