GIA

Gladstone Institutional Advisory Portfolio holdings

AUM $2.15B

This Quarter Return

-2.64%

1 Year Return

+9.17%

3 Year Return

+31.67%

5 Year Return

+121.81%

10 Year Return

–

AUM

$2.15B

AUM Growth

-$10.3M (-0.5%)

Cap. Flow

+$74M

Cap. Flow % of AUM

3.45%

Top 10 Holdings %Top 10 Hldgs %

20.87%

Holding

760

New

Increased

309

Reduced

318

Closed

Top Buys

1	FEBU AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF FEBU	$8.62M
2	Invesco S&P 500 Top 50 ETF XLG	$5.84M
3	SPDR Portfolio S&P 500 Value ETF SPYV	$5.29M
4	Union Pacific UNP	$4.9M
5	FT Vest Fund of Buffer ETFs BUFR	$4.4M

Top Sells

1	Chubb CB	$3.29M
2	First Trust Mid Cap Value AlphaDEX Fund FNK	$3.16M
3	First Trust Water ETF FIW	$3.12M
4	iShares Morningstar US Equity ETF ILCB	$3.12M
5	Nasdaq NDAQ	$2.94M

Sector Composition

1	Technology	10.87%
2	Financials	4.77%
3	Industrials	4.03%
4	Healthcare	3.76%
5	Consumer Discretionary	3.69%

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
276	276 LeaderShares AlphaFactor US Core Equity ETF LSAF $136M	$1.4M	0.07%	35,408 -3,857	-10%	-$152K
277	277 Danaher DHR $135B	$1.38M	0.06%	6,732 +3,222	+92%	+$661K
278	278 SPDR S&P Emerging Markets Dividend ETF EDIV $817M	$1.38M	0.06%	38,562 +1,723	+5%	+$61.5K
279	279 VanEck Semiconductor ETF SMH $27.6B	$1.37M	0.06%	6,489 +398	+7%	+$84.2K
280	280 iShares US Aerospace & Defense ETF ITA $8.82B	$1.37M	0.06%	8,932 -11	-0.1%	-$1.68K
281	281 S&P Global SPGI $160B	$1.36M	0.06%	2,684 +644	+32%	+$327K
282	282 First Trust Morningstar Dividend Leaders Index Fund FDL $5.51B	$1.36M	0.06%	31,226 -5,736	-16%	-$249K
283	283 iShares MSCI EAFE ETF EFA $64.1B	$1.35M	0.06%	16,513 -874	-5%	-$71.4K
284	284 Vanguard Russell 2000 Growth ETF VTWG $1.01B	$1.34M	0.06%	7,193 -208	-3%	-$38.8K
285	285 Air Products & Chemicals APD $65.5B	$1.33M	0.06%	4,511 -267	-6%	-$78.8K
286	286 iShares Exponential Technologies ETF XT $3.47B	$1.32M	0.06%	22,993 +550	+2%	+$31.7K
287	287 Fastenal FAST $52.9B	$1.32M	0.06%	17,063 +244	+1%	+$18.9K
288	288 Reddit RDDT $27B	$1.31M	0.06%	+12,512	New	+$1.31M
289	289 Franklin International Low Volatility High Dividend Index ETF LVHI $2.9B	$1.31M	0.06%	+40,484	New	+$1.31M
290	290 Honeywell HON $152B	$1.3M	0.06%	6,131 -722	-11%	-$153K
291	291 Panagram BBB-B CLO ETF CLOZ $798M	$1.29M	0.06%	+48,534	New	+$1.29M
292	292 iShares US Technology ETF IYW $22.5B	$1.27M	0.06%	9,025 +951	+12%	+$134K
293	293 Enovix ENVX $2.86B	$1.27M	0.06%	172,415 -13,400	-7%	-$98.4K
294	294 WisdomTree Trust WisdomTree US Quality Dividend Growth Fund DGRW $16B	$1.24M	0.06%	15,506 -11,899	-43%	-$950K
295	295 Dimensional US Small Cap ETF DFAS $10.6B	$1.23M	0.06%	20,647 -6,507	-24%	-$389K
296	296 Invesco AAA CLO Floating Rate Note ETF ICLO $332M	$1.23M	0.06%	+48,176	New	+$1.23M
297	297 Starbucks SBUX $106B	$1.23M	0.06%	12,492 -1,510	-11%	-$148K
298	298 Raymond James Financial RJF $32.2B	$1.2M	0.06%	8,652 -976	-10%	-$136K
299	ATSG 299 DELISTED Air Transport Services Group, Inc. ATSG	$1.2M	0.06%	53,514	–	–
300	300 Newell Brands NWL $2.35B	$1.2M	0.06%	193,504 +14,665	+8%	+$90.9K