Vault-13

GLADSTONE LD CORP LAND

COM · REIT · CUSIP 376549101

171 institutional holders -14 vs Q1 2025
15,808,27315.8m shares reported held*
43.7% of all shares outstanding*
$161.2mreported value*
18 new 66 added 47 reduced 30 sold out net bought ≈ $1.4m (+134.4k shares)

* 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

0100200Q3 22: 182Q4 22: 184Q1 23: 186Q2 23: 167Q3 23: 166Q4 23: 177Q1 24: 179Q2 24: 168Q3 24: 180Q4 24: 183Q1 25: 185Q2 25: 171171Q3 22Q2 23Q1 24Q4 24Q2 25
Numbers
QuarterHolders
Q3 2022182
Q4 2022184
Q1 2023186
Q2 2023167
Q3 2023166
Q4 2023177
Q1 2024179
Q2 2024168
Q3 2024180
Q4 2024183
Q1 2025185
Q2 2025171

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q3 23: 73 bought or addedQ3 23: 67 cut or sold outQ4 23: 81 bought or addedQ4 23: 73 cut or sold outQ4 23Q1 24: 73 bought or addedQ1 24: 85 cut or sold outQ2 24: 75 bought or addedQ2 24: 83 cut or sold outQ2 24Q3 24: 76 bought or addedQ3 24: 73 cut or sold outQ4 24: 80 bought or addedQ4 24: 84 cut or sold outQ4 24Q1 25: 100 bought or addedQ1 25: 70 cut or sold outQ2 25: 84 bought or addedQ2 25: 77 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20237367
Q4 20238173
Q1 20247385
Q2 20247583
Q3 20247673
Q4 20248084
Q1 202510070
Q2 20258477

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$500k$1m$1.5m$2mQ3 24 calls: $1.9mQ3 24 puts: $1.7mQ3 24P/C 0.88Q4 24 calls: $643.4kQ4 24 puts: $890.7kQ4 24P/C 1.38Q1 25 calls: $2.0mQ1 25 puts: $1.5mQ1 25P/C 0.79Q2 25 calls: $1.7mQ2 25 puts: $1.6mQ2 25P/C 0.92
Numbers
QuarterCallsPutsP/C
Q3 2024$1.9m$1.7m0.88
Q4 2024$643.4k$890.7k1.38
Q1 2025$2.0m$1.5m0.79
Q2 2025$1.7m$1.6m0.92

Biggest buyers

ProShare Advisors LLC New +599,420+599.4k
WINNACLE WEALTH LLC New +259,580+259.6k
ROYAL BANK OF CANADA Added +131,968+132.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +83,908+83.9k
GSA CAPITAL PARTNERS LLP Added +77,008+77.0k
GOLDMAN SACHS GROUP INC Added +66,387+66.4k
Atom Investors LP New +61,303+61.3k
TWO SIGMA INVESTMENTS, LP Added +53,667+53.7k
Ballentine Partners, LLC New +39,865+39.9k
Balyasny Asset Management L.P. Added +33,510+33.5k

Biggest sellers

RENAISSANCE TECHNOLOGIES LLC Sold out -243,600-243.6k
CITADEL ADVISORS LLC Reduced -207,888-207.9k
VOYA INVESTMENT MANAGEMENT LLC Reduced -127,669-127.7k
NORTHERN TRUST CORP Reduced -125,415-125.4k
MORGAN STANLEY Reduced -108,005-108.0k
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP Sold out -90,715-90.7k
ExodusPoint Capital Management, LP Sold out -80,132-80.1k
BANK OF AMERICA CORP /DE/ Reduced -74,018-74.0k
Invenomic Capital Management LP Sold out -60,646-60.6k
LPL Financial LLC Reduced -52,820-52.8k

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)

BuyingSelling
101Q3 23: 0 buyingQ3 23: 0 sellingQ4 23: 0 buyingQ4 23: 0 sellingQ4 23Q1 24: 0 buyingQ1 24: 0 sellingQ2 24: 0 buyingQ2 24: 0 sellingQ2 24Q3 24: 0 buyingQ3 24: 0 sellingQ4 24: 0 buyingQ4 24: 0 sellingQ4 24Q1 25: 0 buyingQ1 25: 1 sellingQ2 25: 0 buyingQ2 25: 0 sellingQ2 25
Numbers
QuarterBuyingBoughtSellingSoldSold under a plan
Q3 20230—0——
Q4 20230—0——
Q1 20240—0——
Q2 20240—0——
Q3 20240—0——
Q4 20240—0——
Q1 20250—1$72.7k—
Q2 20250—0——

None reported in Q2 2025.

Holders, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 VANGUARD GROUP INC 0.00% of their portfolio Valley Forge, PA 3,394,8113.4m $34.5m $34.5m 0.00% Reduced -7.5k -7,464
2 BlackRock, Inc. 0.00% of their portfolio New York, NY 3,027,9023.0m $30.8m $30.8m 0.00% Added +19.3k +19,279
3 Amundi 0.00% of their portfolio Paris, I0 1,152,8591.2m $12.2m $12.2m 0.00% Reduced -22.0k -22,020
4 GEODE CAPITAL MANAGEMENT, LLC 0.00% of their portfolio BOSTON, MA 943,298943.3k $9.6m $9.6m 0.00% Added +12.3k +12,251
5 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 705,018705.0k $7.2m $7.2m 0.00% Added +6.4k +6,427
6 ProShare Advisors LLC 0.01% of their portfolio BETHESDA, MD 599,420599.4k $6.1m $6.1m 0.01% New
7 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 473,570473.6k $4.8m $4.8m 0.00% Added +66.4k +66,387
8 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 326,141326.1k $3.3m $3.3m 0.00% Reduced -125.4k -125,415
9 Accordant Advisory Group Inc 1.97% of their portfolio ANNAPOLIS, MD 259,580259.6k $2.6m $2.6m 1.97% Added +10.9k +10,897
10 WINNACLE WEALTH LLC 1.97% of their portfolio WACO, TX 259,580259.6k $2.6m $2.6m 1.97% New
11 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 244,079244.1k $2.5m $2.5m 0.00% Reduced -108.0k -108,005
12 State of New Jersey Common Pension Fund D 0.01% of their portfolio TRENTON, NJ 203,016203.0k $2.1m $2.1m 0.01% Unchanged
13 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 202,761202.8k $2.1m $2.1m 0.01% Reduced -14.0k -14,004
14 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 199,396199.4k $2.0m $2.0m 0.00% Added +132.0k +131,968
15 VOYA INVESTMENT MANAGEMENT LLC 0.00% of their portfolio ATLANTA, GA 168,647168.6k $1.7m $1.7m 0.00% Reduced -127.7k -127,669
16 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 162,001162.0k $1.6m $1.6m 0.00% Reduced -15.7k -15,684
17 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 157,995158.0k $1.6m $1.6m 0.00% Added +83.9k +83,908
18 SCHWARZ DYGOS WHEELER INVESTMENT ADVISORS LLC 0.34% of their portfolio MINNEAPOLIS, MN 144,750144.8k $1.5m $1.5m 0.34% Reduced -1.4k -1,412
19 MARATHON CAPITAL MANAGEMENT 0.37% of their portfolio Hunt Valley, MD 143,162143.2k $1.5m $1.5m 0.37% Reduced -8.8k -8,825
20 BARD ASSOCIATES INC 0.41% of their portfolio CHICAGO, IL 125,518125.5k $1.3m $1.3m 0.41% Reduced -4.1k -4,068
21 Moors & Cabot, Inc. 0.05% of their portfolio BOSTON, MA 109,120109.1k $1.1m $1.1m 0.05% Added +10.4k +10,420
22 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 108,052108.1k $1.1m $1.1m 0.00% Reduced -74.0k -74,018
23 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 0.00% of their portfolio SAN FRANCISCO, CA 102,272102.3k $1.0m $1.0m 0.00% Added +5.7k +5,687
24 Allianz Asset Management GmbH 0.00% of their portfolio MUNICH, 2M 101,376101.4k $1.0m $1.0m 0.00% Added +1.5k +1,502
25 GSA CAPITAL PARTNERS LLP 0.07% of their portfolio LONDON, X0 96,63296.6k $983.0k $983.0k 0.07% Added +77.0k +77,008
26 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 93,04993.0k $946.3k $946.3k 0.00% Added +23.4k +23,419
27 UBS Group AG 0.00% of their portfolio ZURICH, V8 84,28884.3k $857.2k $857.2k 0.00% Added +21.8k +21,761
28 Pullen Investment Management, LLC 0.46% of their portfolio BRADENTON, FL 75,01775.0k $762.9k $762.9k 0.46% Added +2.2k +2,155
29 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 72,52372.5k $737.6k $737.6k 0.00% Reduced -36.3k -36,320
30 Nuveen, LLC 0.00% of their portfolio CHARLOTTE, NC 69,48569.5k $706.7k $706.7k 0.00% Reduced -11.3k -11,325
31 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 67,73367.7k $688.8k $688.8k 0.00% Added +31.7k +31,742
32 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 65,31365.3k $664.2k $664.2k 0.00% Added +53.7k +53,667
33 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 63,89863.9k $649.8k $649.8k 0.00% Added +2.3k +2,325
34 Atom Investors LP 0.06% of their portfolio AUSTIN, TX 61,30361.3k $623.5k $623.5k 0.06% New
35 RHUMBLINE ADVISERS 0.00% of their portfolio BOSTON, MA 58,77858.8k $597.8k $597.8k 0.00% Added +514 +514
36 Creative Planning 0.00% of their portfolio OVERLAND PARK, KS 57,73657.7k $587.2k $587.2k 0.00% Added +22.1k +22,070
37 Balyasny Asset Management L.P. 0.00% of their portfolio Chicago, IL 48,38248.4k $492.0k $492.0k 0.00% Added +33.5k +33,510
38 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 48,01248.0k $488.3k $488.3k 0.00% Added +278 +278
39 NOMURA ASSET MANAGEMENT CO LTD 0.00% of their portfolio TOKYO, M0 48,00048.0k $488.2k $488.2k 0.00% Added +5.0k +5,000
40 Asset Management One Co., Ltd. 0.00% of their portfolio TOKYO, M0 47,82647.8k $486.4k $486.4k 0.00% Added +1.3k +1,258
41 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 45,64145.6k $464.2k $464.2k 0.00% Reduced -52.8k -52,820
42 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 45,12545.1k $458.9k $458.9k 0.03% Added +1.2k +1,235
43 MILLENNIUM MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 42,30742.3k $430.3k $430.3k 0.00% Added +18.2k +18,228
44 PRICE T ROWE ASSOCIATES INC /MD/ 0.00% of their portfolio BALTIMORE, MD 42,02542.0k $428.0k $428.0k 0.00% Added +14.2k +14,181
45 ALLIANCEBERNSTEIN L.P. 0.00% of their portfolio NASHVILLE, TN 40,88040.9k $415.8k $415.8k 0.00% Added +13.9k +13,900
46 Sumitomo Mitsui Trust Group, Inc. 0.00% of their portfolio CHIYODA-KU, TOKYO, M0 40,27140.3k $409.6k $409.6k 0.00% Reduced -26 -26
47 Ballentine Partners, LLC 0.01% of their portfolio Waltham, MA 39,86539.9k $405.4k $405.4k 0.01% New
48 ARBOR CAPITAL MANAGEMENT INC /ADV 0.33% of their portfolio ANCHORAGE, AK 39,21339.2k $379.3k $379.3k 0.33% Added +5.7k +5,674
49 Nebula Research & Development LLC 0.03% of their portfolio New York, NY 38,76338.8k $394.2k $394.2k 0.03% Added +705 +705
50 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 37,42737.4k $380.6k $380.6k 0.00% Added +3.5k +3,486
51 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 34,93934.9k $355.3k $355.3k 0.00% Reduced -40.1k -40,128
52 DEUTSCHE BANK AG\ 0.00% of their portfolio FRANKFURT AM MAIN, 2M 34,51634.5k $351.0k $351.0k 0.00% Added +8.8k +8,788
53 SEI INVESTMENTS CO 0.00% of their portfolio OAKS, PA 30,64430.6k $311.7k $311.7k 0.00% Added +4.6k +4,626
54 Comprehensive Money Management Services LLC 0.23% of their portfolio CORAL GABLES, FL 30,41130.4k $309.3k $309.3k 0.23% Reduced -300 -300
55 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 25,43525.4k $258.7k $258.7k 0.00% Added +10.2k +10,194
56 Mitsubishi UFJ Asset Management Co., Ltd. 0.00% of their portfolio TOKYO, M0 25,40025.4k $258.3k $258.3k 0.00% Unchanged
57 Quantinno Capital Management LP 0.00% of their portfolio NEW YORK, NY 25,30325.3k $257.3k $257.3k 0.00% Reduced -4.0k -3,959
58 EntryPoint Capital, LLC 0.13% of their portfolio NEW YORK, NY 24,73824.7k $251.6k $251.6k 0.13% Reduced -828 -828
59 TWO SIGMA ADVISERS, LP 0.00% of their portfolio NEW YORK, NY 23,70023.7k $241.0k $241.0k 0.00% New
60 Focus Partners Wealth 0.00% of their portfolio ST LOUIS, MO 22,66822.7k $230.5k $230.5k 0.00% New
61 REDMONT WEALTH ADVISORS LLC 0.34% of their portfolio CHICAGO, IL 22,49022.5k $228.7k $228.7k 0.34% Added +144 +144
62 FMR LLC 0.00% of their portfolio BOSTON, MA 22,44022.4k $228.2k $228.2k 0.00% Reduced -28.4k -28,417
63 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 21,61921.6k $219.9k $219.9k 0.00% Added +16.1k +16,146
64 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 21,38721.4k $218.0k $218.0k 0.00% New
65 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 20,31520.3k $206.6k $206.6k 0.00% Added +34 +34
66 MetLife Investment Management, LLC 0.00% of their portfolio Whippany, NJ 19,22419.2k $195.5k $195.5k 0.00% Reduced -7 -7
67 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.00% of their portfolio CAUSEWAY BAY, K3 19,12319.1k $194.5k $194.5k 0.00% Reduced -858 -858
68 Kovack Advisors, Inc. 0.02% of their portfolio FT. LAUDERDALE, FL 18,40418.4k $187.2k $187.2k 0.02% Added +1.8k +1,821
69 Parvin Asset Management, LLC 0.19% of their portfolio SIOUX FALLS, SD 18,20018.2k $185.1k $185.1k 0.19% Unchanged
70 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 16,89916.9k $171.9k $171.9k 0.00% Unchanged
71 Capital Square, LLC 0.09% of their portfolio ATHENS, TN 16,66216.7k $177.6k $177.6k 0.09% Added +782 +782
72 Bahl & Gaynor LLC 0.00% of their portfolio CINCINNATI, OH 16,47516.5k $167.6k $167.6k 0.00% Unchanged
73 State of Alaska, Department of Revenue 0.00% of their portfolio JUNEAU, AK 16,46216.5k $167.0k $167.0k 0.00% Added +344 +344
74 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 16,42616.4k $167.1k $167.1k 0.00% Added +16.2k +16,176
75 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 16,41116.4k $166.9k $166.9k 0.00% Reduced -10.9k -10,949
76 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 15,75215.8k $160.2k $160.2k 0.00% Added +2.7k +2,662
77 SHUFRO ROSE & CO LLC 0.01% of their portfolio NEW YORK, NY 15,50015.5k $163.1k $163.1k 0.01% Unchanged
78 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 14,70814.7k $149.6k $149.6k 0.00% New
79 Mutual Advisors, LLC 0.00% of their portfolio OMAHA, NE 14,70014.7k $143.0k $143.0k 0.00% Reduced -3.1k -3,150
80 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 14,65414.7k $149.0k $149.0k 0.00% Unchanged
81 NISA INVESTMENT ADVISORS, LLC 0.00% of their portfolio ST. LOUIS, MO 14,57714.6k $148.2k $148.2k 0.00% Added +5.8k +5,768
82 Y-Intercept (Hong Kong) Ltd 0.00% of their portfolio HONG KONG, K3 14,39814.4k $146.4k $146.4k 0.00% New
83 SIMPLEX TRADING, LLC 0.00% of their portfolio CHICAGO, IL 14,11914.1k $143.0k $143.0k 0.00% Reduced -2.4k -2,353
84 Trueblood Wealth Management, LLC 0.06% of their portfolio LIMA, OH 14,00014.0k $142.4k $142.4k 0.06% Unchanged
85 Fiduciary Group, LLC 0.01% of their portfolio SAVANNAH, GA 13,83713.8k $140.7k $140.7k 0.01% Added +2.5k +2,500
86 COMMERCE BANK 0.00% of their portfolio KANSAS CITY, MO 13,78513.8k $140.2k $140.2k 0.00% Unchanged
87 Centiva Capital, LP 0.01% of their portfolio New York, NY 13,77213.8k $140.1k $140.1k 0.01% Reduced -3.0k -3,023
88 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 13,76313.8k $140.0k $140.0k 0.00% Added +1.2k +1,183
89 Resona Asset Management Co.,Ltd. 0.00% of their portfolio KOTO-KU,TOKYO, M0 13,45113.5k $137.9k $137.9k 0.00% Reduced -1.5k -1,516
90 INTECH INVESTMENT MANAGEMENT LLC 0.00% of their portfolio WEST PALM BEACH, FL 13,20613.2k $134.3k $134.3k 0.00% Reduced -10.0k -9,999
91 Sigma Planning Corp 0.00% of their portfolio ANN ARBOR, MI 13,04613.0k $132.7k $132.7k 0.00% Added +2.6k +2,555
92 CAHILL FINANCIAL ADVISORS INC 0.02% of their portfolio EDINA, MN 13,01513.0k $132.4k $132.4k 0.02% Reduced -4.8k -4,757
93 QUADRANT CAPITAL GROUP LLC 0.00% of their portfolio CINCINNATI, OH 12,63512.6k $128.5k $128.5k 0.00% Reduced -634 -634
94 Onyx Bridge Wealth Group LLC 0.02% of their portfolio TARRYTOWN, NY 12,22612.2k $124.3k $124.3k 0.02% Added +4 +4
95 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 11,45011.4k $116.4k $116.4k 0.00% Reduced -207.9k -207,888
96 EVERGREEN CAPITAL MANAGEMENT LLC 0.00% of their portfolio Bellevue, WA 11,41511.4k $116.1k $116.1k 0.00% Reduced -10.1k -10,094
97 LRI Investments, LLC 0.01% of their portfolio PALM BEACH GARDENS, FL 11,36511.4k $115.6k $115.6k 0.01% Unchanged
98 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 11,35811.4k $115.5k $115.5k 0.00% Reduced -410 -410
99 Graham Capital Management, L.P. 0.00% of their portfolio ROWAYTON, CT 11,24811.2k $114.4k $114.4k 0.00% New
100 Diligent Investors, LLC 0.03% of their portfolio REDLANDS, CA 11,24811.2k $114.4k $114.4k 0.03% Added +9 +9