Cornerstone Advisors Asset Management, LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed January 31, 2025), Cornerstone Advisors Asset Management, LLC reported 106 stock positions worth $462.8 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 12.2% of the portfolio, followed by SS SPDR P Agg Bond ETF (SPAB, 6.6%) and Hartford TTL RTRN BND ETF (HTRB, 6.5%). Compared with Q3 2024, it opened 3 new positions, sold out of 2, added to 59 and reduced 10. The biggest buy was SS SPDR P Agg Bond ETF (SPAB, shares +11%) and the biggest sale Goldman Sachs Access Treasur (GBIL, shares −23%).

Most Recent 13F
Q2 2026
Location
BETHLEHEM, PA
CIK
0002044324
Portfolio Value
$462.8M (Q4 2024)
SEC Filing
0002044324-25-000001 ↗ filed Jan 31, 2025

Holdings Value

0$200.0M$400.0M$600.0M$800.0M Q1 2024: $284.3M Q1 2024 Q2 2024: $354.0M Q2 2024 Q3 2024: $452.4M Q3 2024 Q4 2024: $462.8M $462.8M Q4 2024 Q1 2025: $488.2M Q1 2025 Q2 2025: $519.3M Q2 2025 Q3 2025: $572.0M Q3 2025 Q4 2025: $616.2M Q4 2025 Q1 2026: $648.0M Q1 2026 Q2 2026: $764.7M Q2 2026

Holdings 106 stocks · $462.8M
SCHX Schwab US Large-Cap ETF 12.15% 2,426,283 $56.2M Add +1.8%
SPAB SS SPDR P Agg Bond ETF 6.56% 1,214,724 $30.4M Add +11.3%
HTRB Hartford TTL RTRN BND ETF 6.47% 898,975 $30.0M Add +10.1%
IVV iShares Core S&P 500 ETF 6.19% 48,655 $28.6M Reduce -0.1%
JAAA Janus Henderson Aaa Clo ETF 5.90% 538,725 $27.3M Add +0.4%
VEU Vanguard Ftse All-World Ex-U 5.80% 467,546 $26.8M Add +8.4%
SPYM Ste STR SPDR PT S&P 500 ETF 4.48% 300,418 $20.7M Add +0.2%
MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E 4.03% 782,160 $18.6M Add +5.2%
SGOV iShares 0-3 Month Treasury B 3.08% 141,911 $14.2M Add +4.9%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.42% 41,574 $11.2M Reduce -0.4%
SPSM SS SPDR P S&P 600 Small Cap 2.41% 248,627 $11.2M Add +12.6%
GSEW Goldman Sachs Eql WGHT Large 2.05% 122,813 $9.5M Add +0.2%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 2.03% 391,460 $9.4M Reduce -0.8%
PREF Pri Spe Pre Sec Acti-Usd Inc. 1.80% 448,319 $8.3M Add +6.8%
VGT Vanguard Info Tech ETF 1.74% 12,932 $8.0M Reduce -0.1%
SPY SS SPDR S&P 500 ETF Trust-US 1.50% 11,829 $6.9M Add +0.0%
SPDW Ste STR SPDR PT DW Eu ETF 1.39% 188,442 $6.4M Add +7.9%
QLTA iShares Aaa - A Rated Corpor 1.33% 131,333 $6.1M No change
VIGI Vanguard Int Div App Indx FD 1.26% 72,938 $5.8M Add +3.7%
IWF iShares Russell 1000 Growth 1.26% 14,495 $5.8M Add +0.7%
DVY iShares Select Dividend ETF 1.22% 42,864 $5.6M No change
SLYV SS SPDR S&P 600 SC Val ETF 1.17% 62,295 $5.4M Reduce -5.5%
SCHF Schwab Intl Equity ETF 1.14% 286,387 $5.3M Add +2.0%
QUAL iShares MSCI USA Quality Fac 1.13% 29,328 $5.2M Add +1.9%
VIG Vanguard Dividend Apprec ETF 0.89% 20,920 $4.1M Add +0.0%
EFA iShares MSCI Eafe ETF 0.87% 53,549 $4.0M Add +0.0%
SCHA Schwab US Small-Cap ETF 0.80% 143,326 $3.7M Add +0.1%
VYM Vanguard High DVD Yield ETF 0.80% 29,009 $3.7M Add +0.9%
GBIL Goldman Sachs Access Treasur 0.77% 35,842 $3.6M Reduce -23.3%
AGG iShares Core U.S. Aggregate 0.75% 35,607 $3.5M No change
IJH iShares Core S&P Midcap ETF 0.73% 54,361 $3.4M Add +0.2%
VTEB Vanguard Tax-Exempt Bond ETF 0.70% 64,404 $3.2M Add +30.2%
VTWO Vanguard Russell 2000 ETF 0.66% 34,208 $3.1M Reduce -0.4%
EFAD Proshares Eafe DVD Growers 0.61% 76,140 $2.8M No change
NOBL Proshares S&P 500 Dividend A 0.59% 27,435 $2.7M No change
PNOV Innovator U.S. Equity Power 0.57% 70,224 $2.7M No change
IWB iShares Russell 1000 ETF 0.55% 7,916 $2.6M Add +4.6%
IJR iShares Core S&P Small-Cap E 0.52% 20,901 $2.4M No change
IEFA iShares Core MSCI Eafe ETF 0.52% 34,001 $2.4M Add +3.0%
SPYV SS SPDR P S&P 500 Value ETF 0.46% 41,638 $2.1M Add +4.2%
SCHK Schwab 1000 Index ETF 0.45% 73,803 $2.1M Add +0.3%
ICF iShares Select U.S. REIT ETF 0.44% 33,883 $2.0M Add +30.7%
IWM iShares Russell 2000 ETF 0.42% 8,888 $2.0M Add +6.0%
VB Vanguard Most SM-Cap ETF-Usd 0.41% 7,920 $1.9M Add +10.2%
BKLC BNY Mellon US LRG Cap Cor 0.35% 14,300 $1.6M No change
SPEM State Street SP PTF Em ETF 0.34% 41,477 $1.6M Add +30.6%
AAPL Apple Inc. 0.33% 6,128 $1.5M Add +6.5%
RLY SS Multi-Asset Real Ret ETF 0.31% 53,336 $1.4M Add +10.4%
HDV iShares Core High Dividend E 0.29% 12,025 $1.3M Add +1.0%
SCMB Schwab Municipal Bond ETF 0.26% 46,195 $1.2M Add +84.6%
VTI VG Morningstar TS MKT ETF-US 0.25% 4,005 $1.2M Add +6.1%
PFF iShares Preferred & Income S 0.25% 36,809 $1.2M Add +25.8%
NVDA Nvidia Corp. 0.24% 8,119 $1.1M Add +251.8%
BIL SS SPDR BB 1-3M T-Bill ETF 0.23% 11,673 $1.1M Add +158.3%
SCHV Schwab US Large-Cap Value 0.23% 40,528 $1.1M Add +0.6%
XLRE SS Real Estate Select Sector 0.22% 25,233 $1.0M No change
GOVT iShares US Treasury Bond ETF 0.22% 44,571 $1.0M No change
PAAA Pgim Aaa Clo ETF 0.22% 19,562 $1.0M New
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.21% 22,011 $995K No change
IVLU iShares MSCI International V 0.21% 35,513 $963K Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B 0.20% 2,004 $908K Add +7.2%
FNB FNB Corp. 0.18% 56,774 $839K No change
VTIP Vanguard Short-Term Tips 0.18% 17,255 $835K Reduce -8.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.17% 3,631 $798K Add +0.1%
PFIS Peoples Financial Services 0.17% 15,153 $776K No change
VUG Vanguard Mrngstar GR ETF-Sui 0.17% 1,888 $775K Add +0.1%
DGRO iShares Core Dividend Growth 0.15% 11,681 $717K No change
PPL PPL Corp. 0.14% 19,874 $645K No change
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.14% 25,951 $640K No change
BND Vanguard Total Bond Market 0.14% 8,829 $635K No change
IWN iShares Russell 2000 Value E 0.13% 3,703 $608K No change
IEMG iShares Core MSCI Emerging 0.13% 11,451 $598K Reduce -0.3%
YUM Yum! Brands Inc. 0.13% 4,450 $597K No change
SCHB Schwab US Broad Market ETF 0.13% 25,849 $587K Add +0.3%
INFL Horizon Kinetics Infl Benef 0.12% 15,031 $572K No change
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.12% 28,827 $569K No change
VTV Vanguard Mrngstr Val ETF-Aui 0.12% 3,160 $535K Add +1.2%
T AT&T Inc. 0.11% 23,344 $532K Add +0.4%
NSC Norfolk Southern Corp. 0.11% 2,253 $529K No change
WOOD iShares Global Timber & Fore 0.11% 6,915 $528K No change
EFV iShares MSCI Eafe Value ETF 0.11% 9,640 $506K No change
VLUE iShares MSCI USA Value Facto 0.11% 4,788 $506K Add +1.4%
BKCI BNY Mellon Concentrated Intl 0.11% 10,571 $503K No change
ABBV Abbvie Inc. 0.10% 2,629 $467K Add +5.2%
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.10% 1,757 $464K New
ESGU iShares ESG Aware MSCI USA 0.10% 3,514 $453K Add +0.3%
MSFT Microsoft Corp. 0.10% 1,049 $442K Add +54.3%
JNJ Johnson & Johnson 0.09% 2,975 $430K Add +0.9%
MCD McDonald's Corp. 0.09% 1,364 $395K Add +1.0%
VZ Verizon Communications Inc. 0.09% 9,842 $394K No change
TFC Truist Financial Corp. 0.08% 8,208 $356K No change
IDV iShares International Select 0.07% 12,640 $346K No change
GLD SPDR Gold Shares 0.07% 1,390 $337K No change
BSV Vanguard Short-Term Bond ETF 0.07% 4,089 $316K Add +1.7%
PG The Procter & Gamble Co. 0.07% 1,870 $314K Add +0.4%
VT Vanguard Tot World STK ETF 0.07% 2,645 $311K Add +12.5%
ROST Ross Stores Inc. 0.07% 2,000 $303K No change
KMB Kimberly-Clark Corp. 0.06% 2,203 $289K No change
ABT Abbott Laboratories 0.06% 2,545 $288K Add +1.7%
SCHP Schwab U.S. Tips ETF 0.06% 10,701 $276K Add +0.8%
CMCSA Comcast Corp. Class A 0.06% 7,300 $274K No change
VXUS Vanguard Total Intl Stock 0.05% 3,851 $227K No change
CVX Chevron Corp. 0.05% 1,566 $227K Add +1.7%
VEA Vanguard Ftse Developed ETF 0.05% 4,511 $216K New
MTB M & T Bank Corp. filed as M & T BK CORP 0.04% 1,069 $201K Reduce -48.3%
PAA Plains All Amer Pipeline LP 0.04% 10,000 $171K No change

Portfolio Sells Q3 2024 → Q4 2024
GBIL Goldman Sachs Access Treasur Reduce -23.3% 0.77% −0.26
MMIT Nylim Mackay Muni Intermedia Reduce -0.8% 2.03% −0.12
SLYV SS SPDR S&P 600 SC Val ETF Reduce -5.5% 1.17% −0.09
XOM Exxon Mobil Corp. Sold out 0.00% −0.05
LIN Linde PLC Sold out 0.00% −0.05
MTB M & T Bank Corp. Reduce -48.3% 0.04% −0.04
VTIP Vanguard Short-Term Tips Reduce -8.4% 0.18% −0.02
IVV iShares Core S&P 500 ETF Reduce -0.1% 6.19% −0.02
VTWO Vanguard Russell 2000 ETF Reduce -0.4% 0.66% −0.02
IEMG iShares Core MSCI Emerging Reduce -0.3% 0.13% −0.02
VV Vngrd Mrgstr LRG-Cap ETF-Usd Reduce -0.4% 2.42% −0.01
VGT Vanguard Info Tech ETF Reduce -0.1% 1.74% +0.06

Portfolio Buys Q3 2024 → Q4 2024
SPAB SS SPDR P Agg Bond ETF Add +11.3% 6.56% +0.25
SCHX Schwab US Large-Cap ETF Add +1.8% 12.15% +0.23
PAAA Pgim Aaa Clo ETF New 0.22% +0.22
SPSM SS SPDR P S&P 600 Small Cap Add +12.6% 2.41% +0.19
NVDA Nvidia Corp. Add +251.8% 0.24% +0.17
HTRB Hartford TTL RTRN BND ETF Add +10.1% 6.47% +0.16
BIL SS SPDR BB 1-3M T-Bill ETF Add +158.3% 0.23% +0.14
VTEB Vanguard Tax-Exempt Bond ETF Add +30.2% 0.70% +0.14
SCMB Schwab Municipal Bond ETF Add +84.6% 0.26% +0.11
VO Vngrd Mrngstr MD-Cap ETF-Usd New 0.10% +0.10
SGOV iShares 0-3 Month Treasury B Add +4.9% 3.08% +0.06
ICF iShares Select U.S. REIT ETF Add +30.7% 0.44% +0.06
IWF iShares Russell 1000 Growth Add +0.7% 1.26% +0.06
PREF Pri Spe Pre Sec Acti-Usd Inc. Add +6.8% 1.80% +0.06
SPEM State Street SP PTF Em ETF Add +30.6% 0.34% +0.05
VEA Vanguard Ftse Developed ETF New 0.05% +0.05
AAPL Apple Inc. Add +6.5% 0.33% +0.04
PFF iShares Preferred & Income S Add +25.8% 0.25% +0.04
VB Vanguard Most SM-Cap ETF-Usd Add +10.2% 0.41% +0.03
MSFT Microsoft Corp. Add +54.3% 0.10% +0.03
IWB iShares Russell 1000 ETF Add +4.6% 0.55% +0.03
IWM iShares Russell 2000 ETF Add +6.0% 0.42% +0.01
VTI VG Morningstar TS MKT ETF-US Add +6.1% 0.25% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +0.1% 0.17% +0.01
BRK.B Berkshire Hathaway Inc. Class B Add +7.2% 0.20% +0.01
VT Vanguard Tot World STK ETF Add +12.5% 0.07% +0.00
RLY SS Multi-Asset Real Ret ETF Add +10.4% 0.31% +0.00
SCHK Schwab 1000 Index ETF Add +0.3% 0.45% +0.00
T AT&T Inc. Add +0.4% 0.11% +0.00
SCHB Schwab US Broad Market ETF Add +0.3% 0.13% +0.00
SPYM Ste STR SPDR PT S&P 500 ETF Add +0.2% 4.48% +0.00
ESGU iShares ESG Aware MSCI USA Add +0.3% 0.10% +0.00
ABT Abbott Laboratories Add +1.7% 0.06% −0.00
CVX Chevron Corp. Add +1.7% 0.05% −0.00
BSV Vanguard Short-Term Bond ETF Add +1.7% 0.07% −0.00
SPY SS SPDR S&P 500 ETF Trust-US Add +0.0% 1.50% −0.00
SCHP Schwab U.S. Tips ETF Add +0.8% 0.06% −0.00
PG The Procter & Gamble Co. Add +0.4% 0.07% −0.00
VLUE iShares MSCI USA Value Facto Add +1.4% 0.11% −0.00
IBM Intl Business Machines Corp. Add +0.1% 0.17% −0.00
VTV Vanguard Mrngstr Val ETF-Aui Add +1.2% 0.12% −0.00
MCD McDonald's Corp. Add +1.0% 0.09% −0.01
SPYV SS SPDR P S&P 500 Value ETF Add +4.2% 0.46% −0.01
ABBV Abbvie Inc. Add +5.2% 0.10% −0.01
SCHV Schwab US Large-Cap Value Add +0.6% 0.23% −0.01
MMIN Nylim Mackay Muni Insured Et Add +5.2% 4.03% −0.01
QUAL iShares MSCI USA Quality Fac Add +1.9% 1.13% −0.01
JNJ Johnson & Johnson Add +0.9% 0.09% −0.01
SCHA Schwab US Small-Cap ETF Add +0.1% 0.80% −0.01
VYM Vanguard High DVD Yield ETF Add +0.9% 0.80% −0.01

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 133$764.7MSCHX, SPAB, VEU, IVV, JAAA
Q1 2026 134$648.0MSCHX, VEU, SPAB, HTRB, IVV
Q4 2025 133$616.2MSCHX, VEU, SPAB, HTRB, IVV
Q3 2025 128$572.0MSCHX, VEU, SPAB, HTRB, IVV
Q2 2025 113$519.3MSCHX, SPAB, VEU, HTRB, IVV
Q1 2025 124$488.2MSCHX, SPAB, VEU, HTRB, IVV
Q4 2024 106$462.8MSCHX, SPAB, HTRB, IVV, JAAA
Q3 2024 105$452.4MSCHX, HTRB, SPAB, IVV, JAAA
Q2 2024 102$354.0MSCHX, IVV, JAAA, VEU, SPAB
Q1 2024 103$284.3MSCHX, IVV, VEU, MMIN, SPAB