Gladstone Capital Management LLP Q3 2022 vs. Q4 2022 13F Holdings Comparison

As the year draws to a close, Gladstone Capital Management LLP has released their Q4 2022 13F filing, showcasing the changes in holdings from the previous quarter. Among the notable changes are significant shifts in investments from META PLATFORMS to BLOCK INC, and from MICROSOFT CORP to ARCHER DANIELS MIDLAND CO. Let's dive deeper into the numbers and see what insights we can glean from them.

META PLATFORMS INC to BLOCK INC

One of the most striking changes in Gladstone Capital Management's portfolio is the complete shift of their investment from META PLATFORMS INC to BLOCK INC. In Q3 2022, they held no shares of BLOCK INC, but by Q4 2022, they had invested in 1,952,228 shares worth $122,678, a 9.4% increase in value compared to their previous investment in META PLATFORMS. This shift suggests that Gladstone Capital Management is betting on the long-term potential of BLOCK INC and sees more value in it than META PLATFORMS INC.

MICROSOFT CORP to ARCHER DANIELS MIDLAND CO

Another major change in Gladstone Capital Management's portfolio is the significant decrease in their investment in MICROSOFT CORP and the increase in their investment in ARCHER DANIELS MIDLAND CO. In Q3 2022, they held 636,153 shares of MICROSOFT CORP, but by Q4 2022, that number decreased to 453,953 shares, a 26.5% drop in value. In contrast, their investment in ARCHER DANIELS MIDLAND CO increased from 343,776 shares worth $27,657 in Q3 2022 to 566,676 shares worth $52,615 in Q4 2022, a 90.2% increase in value. This shift suggests that Gladstone Capital Management is taking a more diversified approach to their portfolio and is betting on the growth potential of ARCHER DANIELS MIDLAND CO while reducing their exposure to MICROSOFT CORP.

Other Notable Changes

Some other noteworthy changes in Gladstone Capital Management's portfolio include:

- A shift in investment from GOOGLE INC to TJX COS INC NEW: In Q3 2022, they held 937,381 shares of ALPHABET INC (formerly Google Inc), but by Q4 2022, that number decreased to 758,181 shares worth $66,894, a 25.4% drop in value. At the same time, their investment in TJX COS INC NEW increased from 0 shares to 414,100 shares worth $32,962.

- A decrease in investment in NIKE INC: In Q3 2022, they held 246,480 shares of NIKE INC, but by Q4 2022, that number had decreased to just 24,428 shares worth $2,858, an 86% drop in value.

- A decrease in investment in AMAZON COM INC: In Q3 2022, they held 1,173,510 shares of AMAZON COM INC, but by Q4 2022, that number had decreased to just 12,210 shares worth $1,025, a 99.2% drop in value.

Conclusion

Overall, Gladstone Capital Management's Q4 2022 13F filing showcases some significant changes in their portfolio. From their complete shift in investment from META PLATFORMS INC to BLOCK INC to their increase in investment in ARCHER DANIELS MIDLAND CO, these changes suggest that Gladstone Capital Management is taking a more diversified approach to their holdings and is betting on the long-term potential of certain companies. Only time will tell if these investments pay off, but for now, it's clear that Gladstone Capital Management is not afraid to make bold moves with their portfolio.