Gladius Capital Management LP

PARK CITY, UT · CIK 1540656 · 13F filing filed 2024-07-18

SEC-registered investment adviser since 2009 · limited partnership

Assets managed$2.9bn
Staff14 · 6 in investment roles
Main clients (by assets)Private funds 100%
Private funds4 (4 hedge) · $3.5bn gross assets
Websitegladiusgroup.com
Form ADV · 2026-03-24SEC adviser record

Legal entityGLADIUS CAPITAL MANAGEMENT LP (US)

Kindhedge funds, futures
Others nearbyPark City, UT, Chicago, IL

As an employer

Offices in1 country
Private fundshedge 4

Where they work

people there (dot area)number not reportedmain officeHover or tap a dot. Australian and UK companies are placed at their business or registered address, with their staff across the whole country.

Offices

From Form ADV: the main office and the other offices where it does advisory work (at most the 25 largest), with the people doing investment work at each. “About” is worked out: the firm's investment staff less its other offices. Each city links to the other managers there.

City	Country	People
Park City, UT (main office)United States	United States	about 3
Chicago, ILUnited States	United States	3

Map: places from GeoNames (CC BY 4.0), outlines from Natural Earth.

$100.1m reported value -1.2% vs Q1 2024

253positions

37.2%in top 10

77 new 81 added 94 reduced 79 sold out vs Q1 2024

Options: 0 call positions (— notional), 48 put positions ($715.5m notional) – listed below, not included above.

Holdings, Q2 2024

The small lines show how much was held over the last 4 quarters (adjusted for stock splits).

#	Security	Ticker	Shares	Value	% of portfolio	Change	Shares change
1	APPLE INC COM AAPL	AAPL	45,327	$9.5m9.54%	9.54%	Reduced -15.7k	-15,715 -25.7%
2	NVIDIA CORPORATION COM NVDA	NVDA	45,985	$5.7m5.67%	5.67%	Added +16.0k	+15,995 53.3%
3	MICROSOFT CORP COM MSFT	MSFT	10,252	$4.6m4.58%	4.58%	Added +3.4k	+3,438 50.5%
4	AMAZON COM INC COM AMZN	AMZN	15,387	$3.0m2.97%	2.97%	Added +5.6k	+5,593 57.1%
5	UNITEDHEALTH GROUP INC COM UNH	UNH	5,584	$2.8m2.84%	2.84%	Added +2.1k	+2,087 59.7%
6	BERKSHIRE HATHAWAY INC DEL CL B NEW BRK.B	BRK.B	6,546	$2.7m2.66%	2.66%	Added +4.5k	+4,530 224.7%
7	DISNEY WALT CO COM DIS	DIS	24,263	$2.4m2.41%	2.41%	Added +23.6k	+23,591 3510.6%
8	JOHNSON & JOHNSON COM JNJ	JNJ	15,264	$2.2m2.23%	2.23%	Added +10.5k	+10,544 223.4%
9	MASTERCARD INCORPORATED CL A MA	MA	5,046	$2.2m2.22%	2.22%	Added +3.1k	+3,104 159.8%
10	META PLATFORMS INC CL A META	META	4,079	$2.1m2.05%	2.05%	Added +426	+426 11.7%
11	THERMO FISHER SCIENTIFIC INC COM TMO	TMO	3,710	$2.1m2.05%	2.05%	Added +2.9k	+2,944 384.3%
12	VISA INC COM CL A V	V	7,151	$1.9m1.87%	1.87%	Added +1.3k	+1,282 21.8%
13	JPMORGAN CHASE & CO COM JPM	JPM	8,825	$1.8m1.78%	1.78%	Added +7.5k	+7,501 566.5%
14	MCDONALDS CORP COM MCD	MCD	6,529	$1.7m1.66%	1.66%	Added +2.9k	+2,851 77.5%
15	EXXON MOBIL CORP COM XOM	XOM	13,767	$1.6m1.58%	1.58%	Added +12.8k	+12,764 1272.6%
16	BROADCOM INC COM AVGO	AVGO	952	$1.5m1.53%	1.53%	Added +362	+362 61.4%
17	COSTCO WHSL CORP NEW COM COST	COST	1,747	$1.5m1.48%	1.48%	Added +947	+947 118.4%
18	CHEVRON CORP NEW COM CVX	CVX	9,483	$1.5m1.48%	1.48%	Added +8.2k	+8,170 622.2%
19	HOME DEPOT INC COM HD	HD	3,617	$1.2m1.24%	1.24%	Added +2.7k	+2,727 306.4%
20	MANHATTAN ASSOCIATES INC COM MANH	MANH	4,671	$1.2m1.15%	1.15%	Added +254	+254 5.8%
21	FORTINET INC COM FTNT	FTNT	18,744	$1.1m1.13%	1.13%	New
22	CVS HEALTH CORP COM CVS	CVS	18,990	$1.1m1.12%	1.12%	Added +3.4k	+3,372 21.6%
23	COMMVAULT SYS INC COM CVLT	CVLT	9,064	$1.1m1.10%	1.10%	Added +867	+867 10.6%
24	ALPHABET INC CAP STK CL C GOOG	GOOG	5,963	$1.1m1.09%	1.09%	Reduced -3.1k	-3,051 -33.9%
25	ELI LILLY & CO COM LLY	LLY	1,207	$1.1m1.09%	1.09%	Added +66	+66 5.8%
26	THE CIGNA GROUP COM CI	CI	3,301	$1.1m1.09%	1.09%	New
27	CISCO SYS INC COM CSCO	CSCO	22,884	$1.1m1.09%	1.09%	Added +5.8k	+5,776 33.8%
28	VERISIGN INC COM VRSN	VRSN	5,953	$1.1m1.06%	1.06%	Added +435	+435 7.9%
29	APPFOLIO INC COM CL A APPF	APPF	4,308	$1.1m1.05%	1.05%	New
30	PFIZER INC COM PFE	PFE	36,628	$1.0m1.02%	1.02%	Added +31.5k	+31,506 615.1%
31	DROPBOX INC CL A DBX	DBX	44,746	$1.0m1.00%	1.00%	Added +11.5k	+11,489 34.5%
32	DANAHER CORPORATION COM DHR	DHR	4,020	$1.0m1.00%	1.00%	Added +3.5k	+3,492 661.4%
33	CATERPILLAR INC COM CAT	CAT	2,983	$993.6k0.99%	0.99%	Added +2.8k	+2,797 1503.8%
34	DOMINOS PIZZA INC COM DPZ	DPZ	1,910	$986.2k0.99%	0.99%	Added +1.3k	+1,305 215.7%
35	CENTENE CORP DEL COM CNC	CNC	14,488	$960.6k0.96%	0.96%	Added +36	+36 0.2%
36	ROLLINS INC COM ROL	ROL	16,762	$817.8k0.82%	0.82%	Reduced -4.1k	-4,121 -19.7%
37	ACCENTURE PLC IRELAND SHS CLASS A ACN	ACN	2,666	$808.9k0.81%	0.81%	Reduced -1.5k	-1,466 -35.5%
38	CARDINAL HEALTH INC COM CAH	CAH	8,140	$800.3k0.80%	0.80%	Reduced -2.2k	-2,185 -21.2%
39	WELLS FARGO CO NEW COM WFC	WFC	13,228	$785.6k0.78%	0.78%	Added +10.6k	+10,621 407.4%
40	QUALCOMM INC COM QCOM	QCOM	3,890	$774.8k0.77%	0.77%	Added +2.4k	+2,401 161.2%
41	BOX INC CL A BOX	BOX	29,288	$774.4k0.77%	0.77%	Reduced -1.6k	-1,602 -5.2%
42	DXC TECHNOLOGY CO COM DXC	DXC	39,283	$749.9k0.75%	0.75%	New
43	TESLA INC COM TSLA	TSLA	3,718	$735.7k0.73%	0.73%	Reduced -5.8k	-5,824 -61.0%
44	ABBVIE INC COM ABBV	ABBV	4,241	$727.4k0.73%	0.73%	Added +1.8k	+1,798 73.6%
45	TERADATA CORP DEL COM TDC	TDC	20,997	$725.7k0.72%	0.72%	Reduced -290	-290 -1.4%
46	BOOZ ALLEN HAMILTON HLDG COR CL A BAH	BAH	4,550	$700.2k0.70%	0.70%	Reduced -680	-680 -13.0%
47	MERCK & CO INC COM MRK	MRK	5,617	$695.4k0.69%	0.69%	Added +4.3k	+4,292 323.9%
48	PROCTER AND GAMBLE CO COM PG	PG	3,991	$658.2k0.66%	0.66%	Added +218	+218 5.8%
49	WALMART INC COM WMT	WMT	8,979	$608.0k0.61%	0.61%	Added +1.5k	+1,525 20.5%
50	COCA COLA CO COM KO	KO	8,668	$551.7k0.55%	0.55%	Added +3.6k	+3,569 70.0%
51	WARNER BROS DISCOVERY INC COM SER A WBD	WBD	73,935	$550.1k0.55%	0.55%	Reduced -2.5k	-2,485 -3.2%
52	NETFLIX INC COM NFLX	NFLX	762	$514.3k0.51%	0.51%	Reduced -66	-66 -8.0%
53	ORACLE CORP COM ORCL	ORCL	3,636	$513.4k0.51%	0.51%	Added +1.5k	+1,502 70.4%
54	MARSH & MCLENNAN COS INC COM MRSH	MRSH	2,429	$511.8k0.51%	0.51%	New
55	APPLIED MATLS INC COM AMAT	AMAT	2,007	$473.6k0.47%	0.47%	Added +740	+740 58.4%
56	BANK AMERICA CORP COM BAC	BAC	11,724	$466.3k0.47%	0.47%	Added +8.7k	+8,706 288.5%
57	BLOCK H & R INC COM HRB	HRB	8,262	$448.0k0.45%	0.45%	Added +5.6k	+5,637 214.7%
58	VERINT SYS INC COM VRNT	VRNT	13,724	$441.9k0.44%	0.44%	Added +137	+137 1.0%
59	ILLINOIS TOOL WKS INC COM ITW	ITW	1,782	$422.3k0.42%	0.42%	Reduced -1.6k	-1,604 -47.4%
60	DILLARDS INC CL A DDS	DDS	951	$418.8k0.42%	0.42%	New
61	AMGEN INC COM AMGN	AMGN	1,328	$414.9k0.41%	0.41%	New
62	ABBOTT LABS COM ABT	ABT	3,867	$401.8k0.40%	0.40%	Reduced -2.2k	-2,199 -36.2%
63	SHERWIN WILLIAMS CO COM SHW	SHW	1,250	$373.0k0.37%	0.37%	Reduced -630	-630 -33.5%
64	INTERPUBLIC GROUP COS INC COM IPG	IPG	12,508	$363.9k0.36%	0.36%	Added +1.0k	+1,008 8.8%
65	MICRON TECHNOLOGY INC COM MU	MU	2,718	$357.5k0.36%	0.36%	New
66	NIKE INC CL B NKE	NKE	4,711	$355.1k0.35%	0.35%	Added +20	+20 0.4%
67	COMCAST CORP NEW CL A CMCSA	CMCSA	9,055	$354.6k0.35%	0.35%	Added +1.9k	+1,895 26.5%
68	ARROW ELECTRS INC COM ARW	ARW	2,752	$332.3k0.33%	0.33%	Added +2.4k	+2,445 796.4%
69	TEXAS INSTRS INC COM TXN	TXN	1,681	$327.0k0.33%	0.33%	New
70	AON PLC SHS CL A AON	AON	1,078	$316.5k0.32%	0.32%	Reduced -1.9k	-1,896 -63.8%
71	ADVANCED MICRO DEVICES INC COM AMD	AMD	1,767	$286.6k0.29%	0.29%	Reduced -2.9k	-2,898 -62.1%
72	STELLANTIS N.V SHS STLA	STLA	14,097	$279.8k0.28%	0.28%	Added +1.9k	+1,940 16.0%
73	GRAINGER W W INC COM GWW	GWW	305	$275.2k0.27%	0.27%	Reduced -213	-213 -41.1%
74	CRH PLC ORD CRH	CRH	3,430	$257.2k0.26%	0.26%	New
75	ALTRIA GROUP INC COM MO	MO	5,636	$256.7k0.26%	0.26%	Reduced -1.2k	-1,235 -18.0%
76	LINDE PLC SHS LIN	LIN	568	$249.2k0.25%	0.25%	Reduced -210	-210 -27.0%
77	ROBERT HALF INC. COM RHI	RHI	3,840	$245.7k0.25%	0.25%	Reduced -911	-911 -19.2%
78	METLIFE INC COM MET	MET	3,496	$245.4k0.25%	0.25%	New
79	VERIZON COMMUNICATIONS INC COM VZ	VZ	5,849	$241.2k0.24%	0.24%	Added +3.1k	+3,087 111.8%
80	AVNET INC COM AVT	AVT	4,602	$237.0k0.24%	0.24%	Added +3.8k	+3,840 503.9%
81	FERGUSON PLC NEW SHS FERG1GBX	FERG1GBX	1,200	$232.4k0.23%	0.23%	Reduced -967	-967 -44.6%
82	ENFUSION INC CL A CL A		26,755	$228.0k0.23%	0.23%	New
83	OTIS WORLDWIDE CORP COM OTIS	OTIS	2,364	$227.6k0.23%	0.23%	New
84	SPARTANNASH CO COM SPTN	SPTN	11,921	$223.6k0.22%	0.22%	New
85	INTUIT COM INTU	INTU	334	$219.5k0.22%	0.22%	Reduced -130	-130 -28.0%
86	FASTENAL CO COM FAST	FAST	3,404	$213.9k0.21%	0.21%	Reduced -2.8k	-2,805 -45.2%
87	RYDER SYS INC COM R	R	1,580	$195.7k0.20%	0.20%	Reduced -813	-813 -34.0%
88	KAROOOOO LTD ORD SHS KARO	KARO	6,472	$189.6k0.19%	0.19%	Reduced -126	-126 -1.9%
89	TRINET GROUP INC COM TNET	TNET	1,844	$184.4k0.18%	0.18%	New
90	GRAHAM HLDGS CO COM CL B GHC	GHC	245	$171.4k0.17%	0.17%	Added +160	+160 188.2%
91	ADOBE INC COM ADBE	ADBE	282	$156.7k0.16%	0.16%	Reduced -2.2k	-2,165 -88.5%
92	YEXT INC COM YEXT	YEXT	27,101	$145.0k0.14%	0.14%	New
93	FRONTDOOR INC COM FTDR	FTDR	4,246	$143.5k0.14%	0.14%	New
94	ADTALEM GLOBAL ED INC COM CVSA	CVSA	2,081	$141.9k0.14%	0.14%	New
95	VILLAGE SUPER MKT INC CL A NEW VLGEA	VLGEA	4,877	$128.8k0.13%	0.13%	Added +3.5k	+3,498 253.7%
96	ATN INTL INC COM ATNI	ATNI	5,350	$122.0k0.12%	0.12%	New
97	MANPOWERGROUP INC WIS COM MAN	MAN	1,719	$120.0k0.12%	0.12%	Reduced -485	-485 -22.0%
98	CARLISLE COS INC COM CSL	CSL	287	$116.3k0.12%	0.12%	New
99	SPOK HLDGS INC COM SPOK	SPOK	7,535	$111.6k0.11%	0.11%	New
100	BUCKLE INC COM BKE	BKE	2,955	$109.2k0.11%	0.11%	Added +2.0k	+2,024 217.4%

Sold out since Q1 2024

Security	Ticker	Shares held before	Value then
ISHARES GOLD TR IAU	IAU	534,078	$22.4m534.1k shares
GODADDY INC GDDY	GDDY	10,038	$1.2m10.0k shares
FAIR ISAAC CORP FICO	FICO	934	$1.2m934 shares
SQUARESPACE INC SQSP	SQSP	30,571	$1.1m30.6k shares
HILTON WORLDWIDE HLDGS INC HLT	HLT	4,582	$977.4k4.6k shares
LOWES COS INC LOW	LOW	3,476	$885.4k3.5k shares
YUM BRANDS INC YUM	YUM	5,017	$695.6k5.0k shares
SALESFORCE INC CRM	CRM	1,928	$580.7k1.9k shares
ALBERTSONS COS INC ACI	ACI	17,767	$380.9k17.8k shares
INTEL CORP INTC	INTC	7,862	$347.3k7.9k shares
UBER TECHNOLOGIES INC UBER	UBER	4,474	$344.5k4.5k shares
INTERNATIONAL BUSINESS MACHS IBM	IBM	1,739	$332.1k1.7k shares
DUPONT DE NEMOURS INC DWDP	DWDP	3,280	$251.5k3.3k shares
TELEPHONE & DATA SYS INC TDS	TDS	13,236	$212.0k13.2k shares
WATSCO INC WSO	WSO	419	$181.0k419 shares
HACKETT GROUP INC HCKT	HCKT	5,927	$144.0k5.9k shares
SECUREWORKS CORP SCWX	SCWX	20,513	$137.8k20.5k shares
RLI CORP RLI	RLI	698	$103.6k698 shares
PEPSICO INC PEP	PEP	519	$90.8k519 shares
BIGLARI HLDGS INC BH	BH	449	$85.2k449 shares
MARRIOTT VACATIONS WORLDWIDE VAC	VAC	658	$70.9k658 shares
AMERICAN EQTY INVT LIFE HLD AEL	AEL	1,172	$65.9k1.2k shares
TUTOR PERINI CORP TPC	TPC	3,866	$55.9k3.9k shares
MARAVAI LIFESCIENCES HLDGS I MRVI	MRVI	6,159	$53.4k6.2k shares
BIOTE CORP BTMD	BTMD	8,645	$50.1k8.6k shares

Options (notional value)

Underlying	Ticker	Type	Shares controlled	Notional	Change
SPDR S&P 500 ETF TR SPY · Put	SPY	Put	752,400	$409.5m752.4k shares	Added
APPLE INC AAPL · Put	AAPL	Put	201,800	$42.5m201.8k shares	Added
MICROSOFT CORP MSFT · Put	MSFT	Put	80,000	$35.8m80.0k shares	Added
ALPHABET INC GOOG · Put	GOOG	Put	178,400	$32.7m178.4k shares	Added
NVIDIA CORPORATION NVDA · Put	NVDA	Put	206,000	$25.4m206.0k shares	Added
AMAZON COM INC AMZN · Put	AMZN	Put	111,800	$21.6m111.8k shares	Added
META PLATFORMS INC META · Put	META	Put	23,000	$11.6m23.0k shares	Added
TESLA INC TSLA · Put	TSLA	Put	44,200	$8.7m44.2k shares	Added
BROADCOM INC AVGO · Put	AVGO	Put	5,000	$8.0m5.0k shares	Added
ELI LILLY & CO LLY · Put	LLY	Put	8,000	$7.2m8.0k shares	Added
JPMORGAN CHASE & CO JPM · Put	JPM	Put	33,400	$6.8m33.4k shares	Added
BERKSHIRE HATHAWAY INC DEL BRK.B · Put	BRK.B	Put	15,800	$6.4m15.8k shares	Added
UNITEDHEALTH GROUP INC UNH · Put	UNH	Put	11,800	$6.0m11.8k shares	Added
WALMART INC WMT · Put	WMT	Put	72,400	$4.9m72.4k shares	Added
ACCENTURE PLC IRELAND ACN · Put	ACN	Put	14,600	$4.4m14.6k shares	Added
THERMO FISHER SCIENTIFIC INC TMO · Put	TMO	Put	8,000	$4.4m8.0k shares	Added
NETFLIX INC NFLX · Put	NFLX	Put	6,400	$4.3m6.4k shares	Added
COSTCO WHSL CORP NEW COST · Put	COST	Put	5,000	$4.2m5.0k shares	Added
BANK AMERICA CORP Put		Put	91,200	$3.6m91.2k shares	Added
HOME DEPOT INC HD · Put	HD	Put	10,000	$3.4m10.0k shares	Added
PROCTER AND GAMBLE CO PG · Put	PG	Put	20,000	$3.3m20.0k shares	Added
EXXON MOBIL CORP XOM · Put	XOM	Put	28,600	$3.3m28.6k shares	Added
ABBVIE INC ABBV · Put	ABBV	Put	18,000	$3.1m18.0k shares	Added
JOHNSON & JOHNSON JNJ · Put	JNJ	Put	20,800	$3.0m20.8k shares	Added
APPLIED MATLS INC AMAT · Put	AMAT	Put	12,800	$3.0m12.8k shares	Added