Ranked by reported Q1 2026 13F market value
Share of total reported institutional value in GLAD held by the largest 10 / 25 filers.
| # | Institution | Shares Held | Market Value | QoQ Change | Ownership % | % of Fund |
|---|---|---|---|---|---|---|
| 1 | UBS Group AG | 256K | $4.4M | -5.7% | 1.134% | 0.00% |
| 2 | Legal & General Group Plc | 176K | $3.0M | +10.6% | 0.778% | 0.00% |
| 3 | TWO SIGMA INVESTMENTS, LP | 150K | $2.6M | -25.5% | 0.665% | 0.00% |
| 4 | North Ground Capital | 143K | $2.5M | — | 0.632% | 2.99% |
| 5 | MORGAN STANLEY | 136K | $2.4M | +164.2% | 0.600% | 0.00% |
| 6 | LPL Financial LLC | 113K | $2.0M | -14.5% | 0.501% | 0.00% |
| 7 | MILLENNIUM MANAGEMENT LLC | 113K | $2.0M | -48.6% | 0.500% | 0.00% |
| 8 | SUSQUEHANNA INTERNATIONAL GROUP, LLP | 93K | $1.6M | +7.3% | 0.412% | 0.00% |
| 9 | BlackRock, Inc. | 88K | $1.5M | -44.5% | 0.388% | 0.00% |
| 10 | National Asset Management, Inc. | 88K | $1.5M | — | 0.391% | 0.10% |
| 11 | DnB Asset Management AS | 78K | $1.3M | 0.0% | 0.343% | 0.00% |
| 12 | Legacy Capital Wealth Partners, LLC | 68K | $1.2M | +12.3% | 0.301% | 0.24% |
| 13 | WELLS FARGO & COMPANY/MN | 50K | $871K | +22.9% | 0.222% | 0.00% |
| 14 | Campbell & CO Investment Adviser LLC | 48K | $836K | — | 0.213% | 0.05% |
| 15 | D.A. DAVIDSON & CO. | 47K | $818K | -20.4% | 0.209% | 0.00% |
| 16 | RAYMOND JAMES FINANCIAL INC | 47K | $810K | -2.1% | 0.207% | 0.00% |
| 17 | XTX Topco Ltd | 34K | $595K | — | 0.152% | 0.01% |
| 18 | Cetera Investment Advisers | 29K | $501K | -18.0% | 0.128% | 0.00% |
| 19 | Virtus Investment Advisers, Inc. | 28K | $493K | +0.0% | 0.126% | 0.14% |
| 20 | Trexquant Investment LP | 27K | $474K | -53.9% | 0.121% | 0.00% |
| 21 | Ausdal Financial Partners, Inc. | 27K | $467K | -9.9% | 0.119% | 0.02% |
| 22 | Brevan Howard Capital Management LP | 26K | $454K | -34.3% | 0.116% | 0.00% |
| 23 | Kovack Advisors, Inc. | 25K | $442K | +4.0% | 0.112% | 0.02% |
| 24 | BANK OF AMERICA CORP /DE/ | 25K | $440K | -9.3% | 0.112% | 0.00% |
| 25 | BNP PARIBAS ARBITRAGE, SA | 25K | $439K | -13.4% | 0.112% | 0.00% |
denotes a marquee investor (Buffett, Burry, ARK, Tiger Global, Pershing Square, Baupost and other widely-followed managers). “% of Fund” shows how much of that investor’s total 13F portfolio is invested in GLAD — a direct measure of their conviction.
Filings activity in GLAD during Q1 2026, grouped by how each filer changed its position.
8 quarters of 13F filings · Δ columns show change vs prior quarter
| Quarter | Inst. Holders | Δ Holders | Ownership % | Δ Ownership | Total 13F Value | Δ Value |
|---|---|---|---|---|---|---|
| Q1 2026 | 78 | 8.2% | 8.72% | 3.34 pp | $38M | 28% |
| Q4 2025 | 85 | +3.7% | 12.06% | +1.17 pp | $53M | +11% |
| Q3 2025 | 82 | +6.5% | 10.89% | +0.29 pp | $48M | +2.7% |
| Q2 2025 | 77 | +10% | 10.60% | 0.59 pp | $46M | 5.4% |
| Q1 2025 | 70 | 6.7% | 11.19% | +0.12 pp | $49M | +1.1% |
| Q4 2024 | 75 | +29% | 11.07% | +2.39 pp | $48M | +28% |
| Q3 2024 | 58 | 7.9% | 8.68% | 1.06 pp | $38M | 11% |
| Q2 2024 | 63 | — | 9.74% | — | $43M | — |
Source: SEC 13F institutional filings. Ownership % requires market cap data and will show once linked. Δ columns compare to the immediately prior filed quarter.
Quick answers to the most common questions about buying GLAD stock.
Based on Q1 2026 13F filings, institutional ownership of Gladstone Capital Corporation stands at 8.7%, held across 78 reporting institutions.
UBS Group AG is the largest reported institutional holder of GLAD, with approximately 256,179 shares worth $0.00B as of Q1 2026.
Yes — 3 widely-followed marquee investors appear among the top 25 institutional holders of GLAD, including TWO SIGMA INVESTMENTS, LP, MILLENNIUM MANAGEMENT LLC, SUSQUEHANNA INTERNATIONAL GROUP, LLP.
Our composite Smart Money Score for GLAD is 44 out of 100 (Neutral). It combines net institutional buying activity, ownership shift, marquee investor presence, and holder-count growth.
16 institutions opened new positions in GLAD during Q1 2026, while 23 fully exited. 7 added to existing positions and 54 trimmed.
GLAD institutional ownership fell by 3.34 percentage points quarter-over-quarter, with a net change of -7 holders.
The top 10 institutions account for 61.5% of all reported 13F value in GLAD, and the top 25 account for 88.1%.
All data is sourced from SEC Form 13F filings, which institutional investment managers with at least $100M in assets are required to file each quarter. We process every 13F filing from EDGAR and recompute the aggregates after each cycle. Insider transactions are sourced from Form 4 filings.
Gladstone Capital Corporation (GLAD) Institutional Ownership