SEC 13F Intelligence

Managers / Q3 2022 · view latest →

Gladstone Capital Management LLP

CIK 0001353394 · 24 SAVILE ROW, 5TH FLOOR, LONDON, X0, W1S 2ES · 442074084771

Reported Value
$713M
Q3 2022
Positions
10
Filings on Record
43
2019–present window
Filed
Nov 14, 2022
original filing

Summary

Gladstone Capital Management LLP reported $713M in U.S.-listed holdings across 10 positions for Q3 2022.

The portfolio is heavily concentrated: MSFT alone accounts for 20.8% of reported value.

Compared with Q2 2022, the fund opened 0 new positions and exited 4.

Portfolio Metrics

Turnover
+4.5%
vs prior filed quarter
Top-10 Concentration
+100.0%
share of reported value
Largest Position
+20.8%
Microsoft

Methodology: turnover is min(value bought, value sold) ÷ average reported value across the two quarters — value-based, so market moves inflate it slightly versus a share-based measure. Concentration and largest position are shares of the filing’s total reported value, options excluded. New/exited counts compare against the prior filed quarter. All figures derive solely from the fund’s 13F filings.

Reported Value by Quarter

13F Reported Value
Q4 ’18: $208MQ4 ’18Q1 ’19: $247MQ2 ’19: $358MQ3 ’19: $473MQ4 ’19: $799MQ4 ’19Q1 ’20: $875MQ2 ’20: $1.3BQ3 ’20: $1.8BQ4 ’20: $1.8BQ4 ’20Q1 ’21: $1.8BQ2 ’21: $1.8BQ3 ’21: $2.0BQ4 ’21: $2.2BQ4 ’21Q1 ’22: $1.9BQ2 ’22: $1.2BQ3 ’22: $713MQ4 ’22: $773MQ4 ’22Q1 ’23: $787MQ2 ’23: $907MQ3 ’23: $979MQ4 ’23: $853MQ4 ’23Q1 ’24: $1.0BQ2 ’24: $1.1BQ3 ’24: $1.2BQ4 ’24: $1.2BQ4 ’24Q1 ’25: $971MQ2 ’25: $969MQ3 ’25: $915MQ4 ’25: $969MQ4 ’25Q1 ’26: $996Mfilingsflow.com

Portfolio Composition

By security type
Common Stock: 86.9%Other: 13.1%
  • Common Stock · 86.9% · $619M
  • Other · 13.1% · $93M

Quarter-over-Quarter Changes full breakdown →

vs Q2 2022 (amended baseline)

IssuerMoveShare ΔShares nowValue ΔValue now
GOOGLALPHABET INCADDED+869.6K937.4K−$58M$90M
SPGIS&P GLOBAL INCSOLD OUT−229.1K0−$77M$0
CHTRCHARTER COMMUNICATIONS INC NSOLD OUT−148.0K0−$69M$0
SLBSCHLUMBERGER LTDSOLD OUT−1.47M0−$53M$0
HALHALLIBURTON COSOLD OUT−521.7K0−$16M$0
NKENIKE INCTRIMMED−800.9K246.5K−$87M$20M
CMECME GROUP INCTRIMMED−198.8K139.1K−$45M$25M
ADMARCHER DANIELS MIDLAND COTRIMMED−471.1K343.8K−$36M$28M

Value changes conflate price moves with buying and selling — share changes are the real signal. Share counts are not split-adjusted.

Holdings — Q3 2022

10 positions
Export to Excel
#IssuerClass% PortfolioValue ↓Shares
1MSFTMICROSOFT CORPhistory →COM20.79%$148M636.2K
2AMZNAMAZON COM INChistory →COM18.61%$133M1.17M
3XYZBLOCK INChistory →CL A15.74%$112M2.04M
4RENAISSANCERE HLDGS LTDCOM13.07%$93M663.7K
5GOOGLALPHABET INChistory →CAP STK CL A12.58%$90M937.4K
6ZMZOOM VIDEO COMMUNICATIONS INhistory →CL A5.32%$38M515.4K
7ADMARCHER DANIELS MIDLAND COhistory →COM3.88%$28M343.8K
8RBLXROBLOX CORPhistory →CL A3.67%$26M730.5K
9CMECME GROUP INChistory →COM3.46%$25M139.1K
10NKENIKE INChistory →CL B2.87%$20M246.5K

Filing History

QuarterReported ValuePositionsFiledTypeLinks
Q1 2026$996M32May 15, 202613F-HRchanges · EDGAR ↗
Q4 2025$969M28Feb 17, 202613F-HRchanges · EDGAR ↗
Q3 2025$915M23Nov 14, 202513F-HRchanges · EDGAR ↗
Q2 2025$969M22Aug 13, 202513F-HRchanges · EDGAR ↗
Q1 2025$971M24May 13, 202513F-HRchanges · EDGAR ↗
Q4 2024$1.2B28Feb 13, 202513F-HRchanges · EDGAR ↗
Q3 2024$1.2B22Nov 13, 202413F-HRchanges · EDGAR ↗
Q2 2024$1.1B18Aug 14, 202413F-HRchanges · EDGAR ↗
Q1 2024$1.0B19May 15, 202413F-HRchanges · EDGAR ↗
Q4 2023$853M14Feb 14, 202413F-HRchanges · EDGAR ↗
Q3 2023$979M15Nov 14, 202313F-HRchanges · EDGAR ↗
Q2 2023$907M16Aug 14, 202313F-HRchanges · EDGAR ↗
Q1 2023$787M16May 15, 202313F-HRchanges · EDGAR ↗
Q4 2022$773M14Feb 14, 202313F-HRchanges · EDGAR ↗
Q3 2022$713M10Nov 14, 202213F-HRchanges · EDGAR ↗
Q2 2022$1.2B14Aug 15, 202213F-HRchanges · EDGAR ↗
Q1 2022$1.9B12May 16, 202213F-HRchanges · EDGAR ↗
Q4 2021$2.2B17Feb 14, 202213F-HRchanges · EDGAR ↗
Q3 2021$2.0B16Nov 15, 202113F-HRchanges · EDGAR ↗
Q2 2021$1.8B15Jul 16, 202113F-HRchanges · EDGAR ↗
Q1 2021$1.8B13May 17, 202113F-HRchanges · EDGAR ↗
Q4 2020$1.8B11Feb 16, 202113F-HRchanges · EDGAR ↗
Q3 2020$1.8B12Nov 13, 202013F-HRchanges · EDGAR ↗
Q2 2020$1.3B12Aug 13, 202013F-HRchanges · EDGAR ↗
Q1 2020$875M14May 7, 202013F-HRchanges · EDGAR ↗
Q4 2019$799M14Feb 7, 202013F-HRchanges · EDGAR ↗
Q3 2019$473M10Oct 31, 201913F-HRchanges · EDGAR ↗
Q2 2019$358M11Aug 8, 201913F-HRchanges · EDGAR ↗
Q1 2019$247M10May 14, 201913F-HRchanges · EDGAR ↗
Q4 2018$208M10Feb 8, 201913F-HRchanges · EDGAR ↗

13F filings are due up to 45 days after quarter end, so holdings shown here lag the fund’s current book. Source: original SEC filing on EDGAR ↗.