GLADSTONE LD CORP LAND
COM · REIT · CUSIP 376549101
- SectorReal estate
- IndustryReal Estate Investment Trusts
- HeadquartersMclean, VA
- FilingsSEC EDGAR
* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($86.9k this quarter). Holder counts are more reliable. Shares outstanding: 36.2m as of 2025-08-06, from the company's own SEC filing; the percentage can still exceed 100%: lent-out shares are counted by the lender and the buyer, and some reports overlap without saying so. Implied quarter-end price ≈ $10.20. Options: 6 managers hold calls ($1.7m notional), 5 hold puts ($1.6m).
Trends to Q2 2025
Institutional holders
Managers reporting a position, each quarter
Numbers
| Quarter | Holders |
|---|---|
| Q3 2022 | 182 |
| Q4 2022 | 184 |
| Q1 2023 | 186 |
| Q2 2023 | 167 |
| Q3 2023 | 166 |
| Q4 2023 | 177 |
| Q1 2024 | 179 |
| Q2 2024 | 168 |
| Q3 2024 | 180 |
| Q4 2024 | 183 |
| Q1 2025 | 185 |
| Q2 2025 | 171 |
Buyers vs sellers
Managers adding to or starting a position, vs cutting or selling out
Numbers
| Quarter | Bought or added | Cut or sold out |
|---|---|---|
| Q3 2023 | 73 | 67 |
| Q4 2023 | 81 | 73 |
| Q1 2024 | 73 | 85 |
| Q2 2024 | 75 | 83 |
| Q3 2024 | 76 | 73 |
| Q4 2024 | 80 | 84 |
| Q1 2025 | 100 | 70 |
| Q2 2025 | 84 | 77 |
Calls vs puts
Options held, notional value, last 4 quarters. P/C = puts ÷ calls
Numbers
| Quarter | Calls | Puts | P/C |
|---|---|---|---|
| Q3 2024 | $1.9m | $1.7m | 0.88 |
| Q4 2024 | $643.4k | $890.7k | 1.38 |
| Q1 2025 | $2.0m | $1.5m | 0.79 |
| Q2 2025 | $1.7m | $1.6m | 0.92 |
Biggest buyers
| ProShare Advisors LLC | New | +599.4k |
| WINNACLE WEALTH LLC | New | +259.6k |
| ROYAL BANK OF CANADA | Added | +132.0k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Added | +83.9k |
| GSA CAPITAL PARTNERS LLP | Added | +77.0k |
| GOLDMAN SACHS GROUP INC | Added | +66.4k |
| Atom Investors LP | New | +61.3k |
| TWO SIGMA INVESTMENTS, LP | Added | +53.7k |
| Ballentine Partners, LLC | New | +39.9k |
| Balyasny Asset Management L.P. | Added | +33.5k |
Biggest sellers
| RENAISSANCE TECHNOLOGIES LLC | Sold out | -243.6k |
| CITADEL ADVISORS LLC | Reduced | -207.9k |
| VOYA INVESTMENT MANAGEMENT LLC | Reduced | -127.7k |
| NORTHERN TRUST CORP | Reduced | -125.4k |
| MORGAN STANLEY | Reduced | -108.0k |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | Sold out | -90.7k |
| ExodusPoint Capital Management, LP | Sold out | -80.1k |
| BANK OF AMERICA CORP /DE/ | Reduced | -74.0k |
| Invenomic Capital Management LP | Sold out | -60.6k |
| LPL Financial LLC | Reduced | -52.8k |
Biggest calls
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $1.1m104.2k shares |
| CITADEL ADVISORS LLC | Added | $285.8k28.1k shares |
| SIMPLEX TRADING, LLC | Added | $172.0k17.0k shares |
| WOLVERINE TRADING, LLC | Reduced | $170.3k16.6k shares |
| GROUP ONE TRADING LLC | Added | $32.5k3.2k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Biggest puts
| CITADEL ADVISORS LLC | Added | $770.9k75.8k shares |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Reduced | $649.9k63.9k shares |
| SIMPLEX TRADING, LLC | Added | $116.0k11.5k shares |
| GROUP ONE TRADING LLC | Added | $39.7k3.9k shares |
| CONCOURSE FINANCIAL GROUP SECURITIES, INC. | Unchanged | $00 shares |
Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.
Major shareholders (over 5%)
Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.
No one currently above 5% in the filings since 19 Dec 2024.
Fell to 5% or below in the last year: VANGUARD GROUP INC (0.0%, 2026-03-26)
Insider purchases and sales in Q2 2025
Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.
Officers and directors buying vs selling
Number of people, by quarter (10% owners not included)
Numbers
| Quarter | Buying | Bought | Selling | Sold | Sold under a plan |
|---|---|---|---|---|---|
| Q3 2023 | 0 | — | 0 | — | — |
| Q4 2023 | 0 | — | 0 | — | — |
| Q1 2024 | 0 | — | 0 | — | — |
| Q2 2024 | 0 | — | 0 | — | — |
| Q3 2024 | 0 | — | 0 | — | — |
| Q4 2024 | 0 | — | 0 | — | — |
| Q1 2025 | 0 | — | 1 | $72.7k | — |
| Q2 2025 | 0 | — | 0 | — | — |
None reported in Q2 2025.
Holders, Q2 2025
| Manager | Shares | Change |
|---|---|---|
| VANGUARD GROUP INC 0.00% of their portfolio | 3.4m $34.5m | Reduced -7.5k |
| BlackRock, Inc. 0.00% of their portfolio | 3.0m $30.8m | Added +19.3k |
| Amundi 0.00% of their portfolio | 1.2m $12.2m | Reduced -22.0k |
| GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio | 943.3k $9.6m | Added +12.3k |
| STATE STREET CORP 0.00% of their portfolio | 705.0k $7.2m | Added +6.4k |
| ProShare Advisors LLC 0.01% of their portfolio | 599.4k $6.1m | New |
| GOLDMAN SACHS GROUP INC 0.00% of their portfolio | 473.6k $4.8m | Added +66.4k |
| NORTHERN TRUST CORP 0.00% of their portfolio | 326.1k $3.3m | Reduced -125.4k |
| Accordant Advisory Group Inc 1.97% of their portfolio | 259.6k $2.6m | Added +10.9k |
| WINNACLE WEALTH LLC 1.97% of their portfolio | 259.6k $2.6m | New |
| MORGAN STANLEY 0.00% of their portfolio | 244.1k $2.5m | Reduced -108.0k |
| State of New Jersey Common Pension Fund D 0.01% of their portfolio | 203.0k $2.1m | Unchanged |
| Janney Montgomery Scott LLC 0.01% of their portfolio | 202.8k $2.1m | Reduced -14.0k |
| ROYAL BANK OF CANADA 0.00% of their portfolio | 199.4k $2.0m | Added +132.0k |
| VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 168.6k $1.7m | Reduced -127.7k |
| Bank of New York Mellon Corp 0.00% of their portfolio | 162.0k $1.6m | Reduced -15.7k |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio | 158.0k $1.6m | Added +83.9k |
| SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.34% of their portfolio | 144.8k $1.5m | Reduced -1.4k |
| MARATHON CAPITAL MANAGEMENT 0.37% of their portfolio | 143.2k $1.5m | Reduced -8.8k |
| BARD ASSOCIATES INC 0.41% of their portfolio | 125.5k $1.3m | Reduced -4.1k |
| Moors & Cabot, Inc. 0.05% of their portfolio | 109.1k $1.1m | Added +10.4k |
| BANK OF AMERICA CORP /DE/ 0.00% of their portfolio | 108.1k $1.1m | Reduced -74.0k |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio | 102.3k $1.0m | Added +5.7k |
| Allianz Asset Management GmbH 0.00% of their portfolio | 101.4k $1.0m | Added +1.5k |
| GSA CAPITAL PARTNERS LLP 0.07% of their portfolio | 96.6k $983.0k | Added +77.0k |
| BARCLAYS PLC 0.00% of their portfolio | 93.0k $946.3k | Added +23.4k |
| UBS Group AG 0.00% of their portfolio | 84.3k $857.2k | Added +21.8k |
| Pullen Investment Management, LLC 0.46% of their portfolio | 75.0k $762.9k | Added +2.2k |
| JANE STREET GROUP, LLC 0.00% of their portfolio | 72.5k $737.6k | Reduced -36.3k |
| Nuveen, LLC 0.00% of their portfolio | 69.5k $706.7k | Reduced -11.3k |
| AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 67.7k $688.8k | Added +31.7k |
| TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio | 65.3k $664.2k | Added +53.7k |
| Invesco Ltd. 0.00% of their portfolio | 63.9k $649.8k | Added +2.3k |
| Atom Investors LP 0.06% of their portfolio | 61.3k $623.5k | New |
| RHUMBLINE ADVISERS 0.00% of their portfolio | 58.8k $597.8k | Added +514 |
| Creative Planning 0.00% of their portfolio | 57.7k $587.2k | Added +22.1k |
| Balyasny Asset Management L.P. 0.00% of their portfolio | 48.4k $492.0k | Added +33.5k |
| WELLS FARGO & COMPANY/MN 0.00% of their portfolio | 48.0k $488.3k | Added +278 |
| NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio | 48.0k $488.2k | Added +5.0k |
| Asset Management One Co., Ltd. 0.00% of their portfolio | 47.8k $486.4k | Added +1.3k |
| LPL Financial LLC 0.00% of their portfolio | 45.6k $464.2k | Reduced -52.8k |
| PFG Investments, LLC 0.03% of their portfolio | 45.1k $458.9k | Added +1.2k |
| MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio | 42.3k $430.3k | Added +18.2k |
| PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio | 42.0k $428.0k | Added +14.2k |
| ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio | 40.9k $415.8k | Added +13.9k |
| Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio | 40.3k $409.6k | Reduced -26 |
| Ballentine Partners, LLC 0.01% of their portfolio | 39.9k $405.4k | New |
| ARBOR CAPITAL MANAGEMENT INC /ADV 0.33% of their portfolio | 39.2k $379.3k | Added +5.7k |
| Nebula Research & Development LLC 0.03% of their portfolio | 38.8k $394.2k | Added +705 |
| Cetera Investment Advisers 0.00% of their portfolio | 37.4k $380.6k | Added +3.5k |
| JPMORGAN CHASE & CO 0.00% of their portfolio | 34.9k $355.3k | Reduced -40.1k |
| DEUTSCHE BANK AG\ 0.00% of their portfolio | 34.5k $351.0k | Added +8.8k |
| SEI INVESTMENTS CO 0.00% of their portfolio | 30.6k $311.7k | Added +4.6k |
| Comprehensive Money Management Services LLC 0.23% of their portfolio | 30.4k $309.3k | Reduced -300 |
| OSAIC HOLDINGS, INC. 0.00% of their portfolio | 25.4k $258.7k | Added +10.2k |
| Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio | 25.4k $258.3k | Unchanged |
| Quantinno Capital Management LP 0.00% of their portfolio | 25.3k $257.3k | Reduced -4.0k |
| EntryPoint Capital, LLC 0.13% of their portfolio | 24.7k $251.6k | Reduced -828 |
| TWO SIGMA ADVISERS, LP 0.00% of their portfolio | 23.7k $241.0k | New |
| Focus Partners Wealth 0.00% of their portfolio | 22.7k $230.5k | New |
| REDMONT WEALTH ADVISORS LLC 0.34% of their portfolio | 22.5k $228.7k | Added +144 |
| FMR LLC 0.00% of their portfolio | 22.4k $228.2k | Reduced -28.4k |
| BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio | 21.6k $219.9k | Added +16.1k |
| COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio | 21.4k $218.0k | New |
| AMERIPRISE FINANCIAL INC 0.00% of their portfolio | 20.3k $206.6k | Added +34 |
| MetLife Investment Management, LLC 0.00% of their portfolio | 19.2k $195.5k | Reduced -7 |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio | 19.1k $194.5k | Reduced -858 |
| Kovack Advisors, Inc. 0.02% of their portfolio | 18.4k $187.2k | Added +1.8k |
| Parvin Asset Management, LLC 0.19% of their portfolio | 18.2k $185.1k | Unchanged |
| Atria Wealth Solutions, Inc. 0.00% of their portfolio | 16.9k $171.9k | Unchanged |
| Capital Square, LLC 0.09% of their portfolio | 16.7k $177.6k | Added +782 |
| Bahl & Gaynor LLC 0.00% of their portfolio | 16.5k $167.6k | Unchanged |
| State of Alaska, Department of Revenue 0.00% of their portfolio | 16.5k $167.0k | Added +344 |
| NewEdge Advisors, LLC 0.00% of their portfolio | 16.4k $167.1k | Added +16.2k |
| CITIGROUP INC 0.00% of their portfolio | 16.4k $166.9k | Reduced -10.9k |
| PNC Financial Services Group, Inc. 0.00% of their portfolio | 15.8k $160.2k | Added +2.7k |
| SHUFRO ROSE & CO LLC 0.01% of their portfolio | 15.5k $163.1k | Unchanged |
| HighTower Advisors, LLC 0.00% of their portfolio | 14.7k $149.6k | New |
| Mutual Advisors, LLC 0.00% of their portfolio | 14.7k $143.0k | Reduced -3.1k |
| Steward Partners Investment Advisory, LLC 0.00% of their portfolio | 14.7k $149.0k | Unchanged |
| NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio | 14.6k $148.2k | Added +5.8k |
| Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio | 14.4k $146.4k | New |
| SIMPLEX TRADING, LLC 0.00% of their portfolio | 14.1k $143.0k | Reduced -2.4k |
| Trueblood Wealth Management, LLC 0.06% of their portfolio | 14.0k $142.4k | Unchanged |
| Fiduciary Group, LLC 0.01% of their portfolio | 13.8k $140.7k | Added +2.5k |
| COMMERCE BANK 0.00% of their portfolio | 13.8k $140.2k | Unchanged |
| Centiva Capital, LP 0.01% of their portfolio | 13.8k $140.1k | Reduced -3.0k |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio | 13.8k $140.0k | Added +1.2k |
| Resona Asset Management Co.,Ltd. 0.00% of their portfolio | 13.5k $137.9k | Reduced -1.5k |
| INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio | 13.2k $134.3k | Reduced -10.0k |
| Sigma Planning Corp 0.00% of their portfolio | 13.0k $132.7k | Added +2.6k |
| CAHILL FINANCIAL ADVISORS INC 0.02% of their portfolio | 13.0k $132.4k | Reduced -4.8k |
| QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio | 12.6k $128.5k | Reduced -634 |
| Onyx Bridge Wealth Group LLC 0.02% of their portfolio | 12.2k $124.3k | Added +4 |
| CITADEL ADVISORS LLC 0.00% of their portfolio | 11.4k $116.4k | Reduced -207.9k |
| EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio | 11.4k $116.1k | Reduced -10.1k |
| LRI Investments, LLC 0.01% of their portfolio | 11.4k $115.6k | Unchanged |
| US BANCORP \DE\ 0.00% of their portfolio | 11.4k $115.5k | Reduced -410 |
| Graham Capital Management, L.P. 0.00% of their portfolio | 11.2k $114.4k | New |
| Diligent Investors, LLC 0.03% of their portfolio | 11.2k $114.4k | Added +9 |