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
51	51 Broadcom AVGO $1.29T	$9.02M	0.42%	53,869 +3,922	+8%	+$657K
52	52 Johnson & Johnson JNJ $378B	$8.91M	0.42%	53,721 +6,184	+13%	+$1.03M
53	53 Chevron CVX $269B	$8.88M	0.41%	53,087 +462	+0.9%	+$77.3K
54	54 Alphabet (Google) Class C GOOG $2.2T	$8.86M	0.41%	56,710 +10,347	+22%	+$1.62M
55	FEBU 55 AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF FEBU $52.6M	$8.62M	0.4%	+357,983	New	+$8.62M
56	56 Netflix NFLX $530B	$8.51M	0.4%	9,122 +1,377	+18%	+$1.28M
57	57 IBM IBM $264B	$8.37M	0.39%	33,658 +7,447	+28%	+$1.85M
58	58 Vanguard Total Stock Market ETF VTI $507B	$8.19M	0.38%	29,787 +4,417	+17%	+$1.21M
59	59 FT Vest Fund of Nasdaq-100 Buffer ETFs BUFQ $1.01B	$7.97M	0.37%	267,003 -38,191	-13%	-$1.14M
60	60 Fidelity Total Bond ETF FBND $19.3B	$7.94M	0.37%	174,017 -10,870	-6%	-$496K
61	61 Vanguard Value ETF VTV $139B	$7.89M	0.37%	45,677 +3,196	+8%	+$552K
62	62 CSX Corp CSX $64.1B	$7.86M	0.37%	267,149 +53,943	+25%	+$1.59M
63	63 PIMCO Enhanced Short Maturity Active Exchange-Traded Fund MINT $13.3B	$7.84M	0.37%	77,916 +18,063	+30%	+$1.82M
64	64 UnitedHealth UNH $276B	$7.68M	0.36%	14,663 +800	+6%	+$419K
65	65 Merck MRK $209B	$7.64M	0.36%	85,061 +6,263	+8%	+$562K
66	66 Home Depot HD $368B	$7.53M	0.35%	20,552 +897	+5%	+$329K
67	67 iShares MSCI USA Min Vol Factor ETF USMV $23.5B	$7.48M	0.35%	79,814 -7,861	-9%	-$736K
68	68 SPDR Portfolio S&P 600 Small Cap ETF SPSM $11.5B	$7.43M	0.35%	182,322 +19,596	+12%	+$799K
69	69 iShares Russell Mid-Cap Growth ETF IWP $19.7B	$7.4M	0.34%	63,006 +1,193	+2%	+$140K
70	70 SPDR Dow Jones Industrial Average ETF Trust DIA $39.3B	$7.26M	0.34%	17,297 +1,107	+7%	+$465K
71	71 First Trust Long Duration Opportunities ETF LGOV $661M	$7.24M	0.34%	336,654 -34,203	-9%	-$735K
72	72 Walmart WMT $753B	$7.17M	0.33%	81,729 -10,120	-11%	-$888K
73	73 iShares Russell 2000 ETF IWM $66.2B	$7.11M	0.33%	35,642 -1,676	-4%	-$334K
74	74 NYLI FTSE International Equity Currency Neutral ETF HFXI $1.03B	$7.07M	0.33%	257,047 -338	-0.1%	-$9.3K
75	75 Energy Select Sector SPDR Fund XLE $27.4B	$6.87M	0.32%	73,475 -12,068	-14%	-$1.13M