Updated
The most significant concentration Gladstone Investment Corporatio discloses is five largest portfolio investments at 44.5%, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: Gladstone Investment Corporatio’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
“10-K Item 1: 'Our investments in SFEG Holdings, Inc. ("SFEG"), The E3 Company, LLC ("E3"), Schylling, Inc. ("Schylling"), Brunswick Bowling Products, Inc. ("Brunswick"), and Detroit Defense, Inc. ("Detroit Defense") represented our five largest portfolio investments at fair value and collectively comprised $582.6 million, or 44.5%, of our total investment portfolio at fair value'”
Gladstone Investment's concentration risk sits squarely in its portfolio construction. The company's five largest portfolio investments — SFEG Holdings, The E3 Company, Schylling, Brunswick Bowling Products, and Detroit Defense — collectively comprised $582.6 million, or 44.5%, of the total investment portfolio at fair value. That is a medium-share concentration, but it is meaningful for a business development company whose entire model is picking and managing a relatively small number of portfolio companies: a material decline in fair value or a credit event at any one of these five names would have a direct effect on net asset value relative to a more diversified fund. Because only one exposure is disclosed, there is no offsetting structural risk to weigh against it — this single dependency on the top five holdings is effectively the whole concentration story here, and it is the exposure most likely to move the verdict if performance at any of those five companies deteriorates. Disclosed in the most recent 10-K.
For the engine’s reasoning on GAIN’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| AAMI | Acadian Asset Management Inc. | 1 | 2 | 1 | 4 |
| ALTI | AlTi Global, Inc. | 1 | 0 | 0 | 1 |
| AMP | Ameriprise Financial, Inc. | 0 | 1 | 0 | 1 |
| GAIN● | Gladstone Investment Corporatio | 0 | 1 | 0 | 1 |
| AB | AllianceBernstein Holding L.P. | 0 | 0 | 1 | 1 |
| AMG | Affiliated Managers Group, Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.