Gladstone Capital Management LLP
In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 13, 2024), Gladstone Capital Management LLP reported 22 stock positions worth $1.2 billion. Its top holding was Alphabet Class A (GOOGL) at 12.2% of the portfolio, followed by Microsoft (MSFT, 12.0%) and Arch Capital (ACGL, 11.7%). Compared with Q2 2024, it opened 7 new positions, sold out of 3, added to 4 and reduced 11. The biggest buy was a new position in Philip Morris International (PM) and the biggest sale Amazon.com (AMZN, shares −100%).
- Most Recent 13F
- Q2 2026
- Location
- LONDON, X0
- CIK
- 0001353394
- Portfolio Value
- $1.2B (Q3 2024)
- SEC Filing
- 0001353394-24-000001 ↗ filed Nov 13, 2024
Holdings Value
Holdings 22 stocks · $1.2B
| GOOGL Alphabet Inc. Class A | 12.18% | 872,849 | $144.8M | Add +10.0% |
| MSFT Microsoft Corp. | 12.00% | 331,345 | $142.6M | Add +5.1% |
| ACGL Arch Capital Group Ltd. | 11.74% | 1,247,310 | $139.5M | Reduce -10.3% |
| GE General Electric filed as GE AEROSPACE | 9.61% | 605,371 | $114.2M | Reduce -24.1% |
| PM Philip Morris International | 9.41% | 921,359 | $111.9M | New |
| COO The Cooper Cos Inc. | 7.07% | 761,080 | $84.0M | Add +4484.8% |
| BABA Alibaba Group Holding-SP ADR | 6.01% | 673,317 | $71.5M | Add +552.8% |
| GEV GE Vernova Inc. | 5.79% | 269,775 | $68.8M | Reduce -20.1% |
| NVDA Nvidia Corp. | 4.99% | 488,231 | $59.3M | Reduce -25.6% |
| AAPL Apple Inc. | 4.81% | 245,603 | $57.2M | Reduce -28.6% |
| TSLA Tesla Inc. | 4.25% | 193,102 | $50.5M | New |
| FCNCA First Citizens Bcshs Class A | 3.43% | 22,114 | $40.7M | Reduce -1.6% |
| SBUX Starbucks Corp. | 2.37% | 288,965 | $28.2M | New |
| GEHC GE Healthcare Technology | 2.26% | 286,411 | $26.9M | New |
| MDB Mongodb Inc. | 1.89% | 83,235 | $22.5M | Reduce -62.3% |
| XYZ Block Inc. | 1.64% | 289,871 | $19.5M | Reduce -59.1% |
| NKE Nike Inc. Class B | 0.46% | 61,200 | $5.4M | New |
| GTLB Gitlab Inc. Class A | 0.08% | 18,100 | $933K | New |
| ANET Arista Networks Inc. | 0.02% | 500 | $192K | Reduce -50.0% |
| AMZN Amazon.com Inc. | 0.01% | 666 | $124K | Reduce -99.9% |
| KEY Keycorp | 0.00% | 698 | $12K | New |
| DFS Discover Financial Services | 0.00% | 49 | $7K | Reduce -100.0% |
Portfolio Sells Q2 2024 → Q3 2024
| AMZN Amazon.com Inc. | Reduce -99.9% | 0.01% | −11.95 |
| MDB Mongodb Inc. | Reduce -62.3% | 1.89% | −2.99 |
| MU Micron Technology Inc. | Sold out | 0.00% | −2.98 |
| DFS Discover Financial Services | Reduce -100.0% | 0.00% | −2.73 |
| XYZ Block Inc. | Reduce -59.1% | 1.64% | −2.40 |
| NVDA Nvidia Corp. | Reduce -25.6% | 4.99% | −2.17 |
| WDC Western Digital Corp. | Sold out | 0.00% | −1.68 |
| GE General Electric | Reduce -24.1% | 9.61% | −1.60 |
| AAPL Apple Inc. | Reduce -28.6% | 4.81% | −1.59 |
| ACGL Arch Capital Group Ltd. | Reduce -10.3% | 11.74% | −0.65 |
| UNP Union Pacific Corp. | Sold out | 0.00% | −0.07 |
| ANET Arista Networks Inc. | Reduce -50.0% | 0.02% | −0.01 |
| FCNCA First Citizens Bcshs Class A | Reduce -1.6% | 3.43% | +0.08 |
| GEV GE Vernova Inc. | Reduce -20.1% | 5.79% | +0.67 |
Portfolio Buys Q2 2024 → Q3 2024
| PM Philip Morris International | New | 9.41% | +9.41 |
| COO The Cooper Cos Inc. | Add +4484.8% | 7.07% | +6.94 |
| BABA Alibaba Group Holding-SP ADR | Add +552.8% | 6.01% | +5.36 |
| TSLA Tesla Inc. | New | 4.25% | +4.25 |
| SBUX Starbucks Corp. | New | 2.37% | +2.37 |
| GEHC GE Healthcare Technology | New | 2.26% | +2.26 |
| NKE Nike Inc. Class B | New | 0.46% | +0.46 |
| GTLB Gitlab Inc. Class A | New | 0.08% | +0.08 |
| KEY Keycorp | New | 0.00% | +0.00 |
| MSFT Microsoft Corp. | Add +5.1% | 12.00% | −0.45 |
| GOOGL Alphabet Inc. Class A | Add +10.0% | 12.18% | −0.59 |
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 |