Cornerstone Advisors Asset Management, LLC

In its 13F for Q3 2025 (holdings as of September 30, 2025, filed November 4, 2025), Cornerstone Advisors Asset Management, LLC reported 128 stock positions worth $572.0 million. Its top holding was Schwab US Large-Cap ETF (SCHX) at 13.4% of the portfolio, followed by Vanguard Ftse All-World Ex-U (VEU, 7.2%) and SS SPDR P Agg Bond ETF (SPAB, 7.0%). Compared with Q2 2025, it opened 17 new positions, sold out of 2, added to 61 and reduced 23. The biggest buy was iShares Aaa - A Rated Corpor (QLTA, shares +190%) and the biggest sale Hartford TTL RTRN BND ETF (HTRB, shares −4%).

Most Recent 13F
Q2 2026
Location
BETHLEHEM, PA
CIK
0002044324
Portfolio Value
$572.0M (Q3 2025)
SEC Filing
0002044324-25-000012 ↗ filed Nov 4, 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 Q4 2024 Q1 2025: $488.2M Q1 2025 Q2 2025: $519.3M Q2 2025 Q3 2025: $572.0M $572.0M Q3 2025 Q4 2025: $616.2M Q4 2025 Q1 2026: $648.0M Q1 2026 Q2 2026: $764.7M Q2 2026

Holdings 128 stocks · $572.0M
SCHX Schwab US Large-Cap ETF 13.41% 2,912,790 $76.7M Add +2.0%
VEU Vanguard Ftse All-World Ex-U 7.21% 578,016 $41.3M Add +4.6%
SPAB SS SPDR P Agg Bond ETF 7.04% 1,557,478 $40.3M Add +6.0%
HTRB Hartford TTL RTRN BND ETF 5.64% 940,336 $32.2M Reduce -3.8%
IVV iShares Core S&P 500 ETF 5.57% 47,624 $31.9M Reduce -3.1%
JAAA Janus Henderson Aaa Clo ETF 4.88% 549,637 $27.9M Add +1.2%
SPYM Ste STR SPDR PT S&P 500 ETF 4.08% 298,120 $23.4M Reduce -3.1%
QLTA iShares Aaa - A Rated Corpor 3.27% 386,080 $18.7M Add +189.7%
SGOV iShares 0-3 Month Treasury B 2.99% 169,768 $17.1M Reduce -98.3%
MMIN Nylim Mackay Muni Insured Et filed as NEW YORK LIFE INVTS ACTIVE E 2.73% 655,080 $15.6M Reduce -10.4%
SPSM SS SPDR P S&P 600 Small Cap 2.68% 330,999 $15.3M Add +6.6%
VV Vngrd Mrgstr LRG-Cap ETF-Usd 2.12% 39,314 $12.1M Add +0.2%
GSEW Goldman Sachs Eql WGHT Large 1.91% 128,623 $10.9M Add +0.1%
PREF Pri Spe Pre Sec Acti-Usd Inc. 1.88% 563,152 $10.8M Add +7.1%
MMIT Nylim Mackay Muni Intermedia filed as NEW YORK LIFE INVTS ACTIVE E 1.84% 433,952 $10.5M Reduce -6.4%
VGT Vanguard Info Tech ETF 1.63% 12,493 $9.3M Reduce -10.0%
SPY SS SPDR S&P 500 ETF Trust-US 1.40% 12,048 $8.0M Add +0.4%
IWF iShares Russell 1000 Growth 1.28% 15,617 $7.3M Add +0.9%
SCHF Schwab Intl Equity ETF 1.23% 302,534 $7.0M Add +1.5%
VIGI Vanguard Int Div App Indx FD 1.20% 76,640 $6.9M Add +5.4%
DVY iShares Select Dividend ETF 1.07% 43,027 $6.1M Add +0.4%
QUAL iShares MSCI USA Quality Fac 1.06% 31,027 $6.0M Add +12.0%
SLYV SS SPDR S&P 600 SC Val ETF 1.01% 65,033 $5.8M Add +9.7%
SPDW Ste STR SPDR PT DW Eu ETF 0.96% 128,409 $5.5M Reduce -2.8%
EFA iShares MSCI Eafe ETF 0.96% 58,843 $5.5M Add +10.6%
VTI VG Morningstar TS MKT ETF-US 0.81% 14,121 $4.6M Add +229.2%
VIG Vanguard Dividend Apprec ETF 0.78% 20,656 $4.5M Reduce -1.3%
VYM Vanguard High DVD Yield ETF 0.71% 29,009 $4.1M No change
CGMU Cap Group Municipal Income 0.71% 148,276 $4.0M Add +6.7%
SCHA Schwab US Small-Cap ETF 0.68% 140,158 $3.9M Reduce -0.4%
AGG iShares Core U.S. Aggregate 0.64% 36,418 $3.7M Add +0.8%
IJH iShares Core S&P Midcap ETF 0.62% 53,987 $3.5M Add +3.9%
IGRO iShares Intl Div Growth ETF 0.57% 41,041 $3.3M No change
IEFA iShares Core MSCI Eafe ETF 0.57% 37,160 $3.2M Add +8.8%
VTEB Vanguard Tax-Exempt Bond ETF 0.56% 63,790 $3.2M No change
NOBL Proshares S&P 500 Dividend A 0.54% 29,875 $3.1M Add +8.9%
IWM iShares Russell 2000 ETF 0.53% 12,437 $3.0M Add +0.9%
IJR iShares Core S&P Small-Cap E 0.52% 24,808 $2.9M Add +5.2%
VTWO Vanguard Russell 2000 ETF 0.50% 29,277 $2.9M Add +3.8%
IUSB Ishr CR Unvrse Usd BD ETF-Ui 0.50% 60,815 $2.8M Add +178.5%
GBIL Goldman Sachs Access Treasur 0.50% 28,321 $2.8M Reduce -11.0%
SCHK Schwab 1000 Index ETF 0.47% 84,364 $2.7M Add +0.3%
ICF iShares Select U.S. REIT ETF 0.45% 41,657 $2.6M Add +0.1%
VB Vanguard Most SM-Cap ETF-Usd 0.41% 9,160 $2.3M Add +2.7%
SPYV SS SPDR P S&P 500 Value ETF 0.39% 40,389 $2.2M Reduce -4.9%
SCMB Schwab Municipal Bond ETF 0.38% 85,203 $2.2M No change
BKLC BNY Mellon US LRG Cap Cor 0.32% 14,300 $1.8M No change
AAPL Apple Inc. 0.31% 7,069 $1.8M Add +5.1%
VXUS Vanguard Total Intl Stock 0.29% 22,773 $1.7M Add +491.4%
RLY SS Multi-Asset Real Ret ETF 0.29% 53,786 $1.7M Add +0.3%
HDV iShares Core High Dividend E 0.26% 12,092 $1.5M Reduce -0.9%
PNOV Innovator U.S. Equity Power 0.25% 35,112 $1.4M Reduce -50.0%
PFF iShares Preferred & Income S 0.24% 42,909 $1.4M Add +8.3%
VYMI Vanguard Int High DVD YLD Inc. 0.21% 14,048 $1.2M New
IVLU iShares MSCI International V 0.20% 32,511 $1.2M Reduce -8.3%
IEMG iShares Core MSCI Emerging 0.20% 17,444 $1.1M Add +50.1%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.20% 4,059 $1.1M Add +8.0%
SCHV Schwab US Large-Cap Value 0.20% 38,547 $1.1M Reduce -5.9%
BRK.B Berkshire Hathaway Inc. Class B 0.19% 2,211 $1.1M Reduce -0.1%
GOVT iShares US Treasury Bond ETF 0.18% 45,488 $1.1M Add +0.9%
IWB iShares Russell 1000 ETF 0.17% 2,737 $1.0M Reduce -65.1%
PAAA Pgim Aaa Clo ETF 0.17% 19,157 $987K Add +1.3%
VUG Vanguard Mrngstar GR ETF-Sui 0.17% 1,991 $955K Add +5.3%
CGXU Cap Group Intl Focus filed as CAPITAL GROUP INTL FOCUS EQT 0.17% 32,128 $952K Add +1.1%
NVDA Nvidia Corp. 0.16% 4,859 $907K Add +10.9%
VEA Vanguard Ftse Developed ETF 0.14% 13,612 $816K Add +2.1%
BIL SS SPDR BB 1-3M T-Bill ETF 0.14% 8,875 $814K Reduce -8.7%
VTV Vanguard Mrngstr Val ETF-Aui 0.14% 4,349 $811K Add +37.7%
VLUE iShares MSCI USA Value Facto 0.14% 6,486 $811K Add +10.6%
BND Vanguard Total Bond Market 0.14% 10,833 $806K Add +21.5%
VTIP Vanguard Short-Term Tips 0.14% 15,374 $778K Reduce -1.4%
BRK.A Berkshire Hathaway Inc. Class A 0.13% 1 $754K New
PPL PPL Corp. 0.13% 19,874 $739K Reduce -3.0%
PFIS Peoples Financial Services 0.13% 15,153 $737K No change
MSFT Microsoft Corp. 0.13% 1,422 $737K Add +6.9%
VT Vanguard Tot World STK ETF 0.13% 5,203 $717K Add +0.3%
YUM Yum! Brands Inc. 0.12% 4,450 $676K No change
INFL Horizon Kinetics Infl Benef 0.12% 15,031 $672K No change
SCHB Schwab US Broad Market ETF 0.12% 26,081 $671K Add +0.3%
IWN iShares Russell 2000 Value E 0.11% 3,703 $655K No change
ABBV Abbvie Inc. 0.11% 2,776 $643K Add +5.6%
JNJ Johnson & Johnson 0.11% 3,445 $639K Add +8.1%
DGRO iShares Core Dividend Growth 0.11% 9,237 $629K No change
NSC Norfolk Southern Corp. 0.11% 2,048 $615K No change
BCI Abrdn Bloomberg All Commodit filed as ABRDN ETFS 0.10% 27,413 $590K Add +20.7%
EFV iShares MSCI Eafe Value ETF 0.10% 8,629 $585K No change
BKCI BNY Mellon Concentrated Intl 0.10% 10,571 $545K No change
ESGU iShares ESG Aware MSCI USA 0.09% 3,541 $516K Add +0.3%
WOOD iShares Global Timber & Fore 0.09% 6,915 $508K No change
GLD SPDR Gold Shares 0.09% 1,390 $494K No change
IWD iShares Russell 1000 Value E 0.08% 2,344 $477K Add +11.1%
VIOO Vanguard S&P Small-Cap 600 E 0.08% 4,077 $450K No change
VCSH Vanguard S/T Corp. Bond ETF 0.08% 5,505 $440K New
MCD McDonald's Corp. 0.07% 1,389 $422K No change
VBR Vngrd Mrngst SL-CP Val ETF-U 0.07% 1,995 $416K New
TFC Truist Financial Corp. 0.07% 8,910 $407K Add +6.5%
ABT Abbott Laboratories 0.07% 3,036 $407K No change
FLRN SS SPDR BB Ig Float RT ETF 0.07% 12,880 $397K New
EQAL Invesco Russell 1000 Equal W 0.06% 6,956 $362K New
VO Vngrd Mrngstr MD-Cap ETF-Usd 0.06% 1,146 $337K No change
SPEM State Street SP PTF Em ETF 0.06% 6,981 $327K Reduce -24.1%
PG The Procter & Gamble Co. 0.06% 2,073 $319K Add +11.3%
KMB Kimberly-Clark Corp. 0.06% 2,558 $318K Add +7.7%
AVEM Avantis Emerging Markets Eq 0.05% 4,123 $310K New
ROST Ross Stores Inc. 0.05% 2,000 $305K No change
VOO Vanguard S&P 500 ETF 0.05% 468 $287K New
PULS Pgim Ultra Short Bond ETF 0.05% 5,744 $286K No change
AMZN Amazon.com Inc. 0.05% 1,303 $286K New
CVX Chevron Corp. 0.05% 1,805 $280K Add +12.7%
VWO Vanguard Ftse Emerging Marke 0.05% 5,170 $280K No change
IGSB iShares 1-5Y Inv Grade Corp. 0.05% 5,233 $278K New
SCHP Schwab U.S. Tips ETF 0.05% 10,184 $274K Add +1.1%
PAA Plains All Amer Pipeline LP 0.04% 15,000 $256K Add +50.0%
XOM Exxon Mobil Corp. 0.04% 2,118 $239K Reduce -56.4%
IEI iShares 3-7 Year Treasury Bo 0.04% 1,998 $239K New
IQLT iShares MSCI International Q 0.04% 5,284 $234K New
MTB M & T Bank Corp. filed as M & T BK CORP 0.04% 1,169 $231K No change
OEF iShares S&P 100 ETF 0.04% 675 $225K Add +0.3%
IXUS iShares Core Intl Stock ETF 0.04% 2,698 $223K No change
GOOGL Alphabet Inc. Class A 0.04% 914 $222K New
CSCO Cisco Systems Inc. 0.04% 3,246 $222K New
ALL Allstate Corp. 0.04% 1,000 $215K No change
HD Home Depot Inc. 0.04% 517 $209K New
PEP Pepsico Inc. 0.04% 1,481 $208K New
LIN Linde PLC 0.04% 435 $207K No change
VNLA Janus Henderson Short Durati 0.04% 4,150 $205K Add +1.2%
MPB Mid Penn Bancorp Inc. 0.04% 7,137 $204K No change
VSGX Vanguard ESG Intl Stock ETF 0.04% 2,918 $202K New

Portfolio Sells Q2 2025 → Q3 2025
HTRB Hartford TTL RTRN BND ETF Reduce -3.8% 5.64% −0.73
MMIN Nylim Mackay Muni Insured Et Reduce -10.4% 2.73% −0.55
IWB iShares Russell 1000 ETF Reduce -65.1% 0.17% −0.34
IVV iShares Core S&P 500 ETF Reduce -3.1% 5.57% −0.30
MMIT Nylim Mackay Muni Intermedia Reduce -6.4% 1.84% −0.28
PNOV Innovator U.S. Equity Power Reduce -50.0% 0.25% −0.28
SPYM Ste STR SPDR PT S&P 500 ETF Reduce -3.1% 4.08% −0.22
SGOV iShares 0-3 Month Treasury B Reduce -98.3% 2.99% −0.18
VGT Vanguard Info Tech ETF Reduce -10.0% 1.63% −0.14
GBIL Goldman Sachs Access Treasur Reduce -11.0% 0.50% −0.12
IDV iShares International Select Sold out 0.00% −0.08
SPDW Ste STR SPDR PT DW Eu ETF Reduce -2.8% 0.96% −0.07
XOM Exxon Mobil Corp. Reduce -56.4% 0.04% −0.06
VIG Vanguard Dividend Apprec ETF Reduce -1.3% 0.78% −0.05
DWX State Street SPDR S&P Intern Sold out 0.00% −0.04
SPYV SS SPDR P S&P 500 Value ETF Reduce -4.9% 0.39% −0.04
BIL SS SPDR BB 1-3M T-Bill ETF Reduce -8.7% 0.14% −0.03
IVLU iShares MSCI International V Reduce -8.3% 0.20% −0.02
SCHV Schwab US Large-Cap Value Reduce -5.9% 0.20% −0.02
SPEM State Street SP PTF Em ETF Reduce -24.1% 0.06% −0.02
HDV iShares Core High Dividend E Reduce -0.9% 0.26% −0.02
VTIP Vanguard Short-Term Tips Reduce -1.4% 0.14% −0.01
BRK.B Berkshire Hathaway Inc. Class B Reduce -0.1% 0.19% −0.01
PPL PPL Corp. Reduce -3.0% 0.13% −0.00
SCHA Schwab US Small-Cap ETF Reduce -0.4% 0.68% −0.00

Portfolio Buys Q2 2025 → Q3 2025
QLTA iShares Aaa - A Rated Corpor Add +189.7% 3.27% +2.04
VTI VG Morningstar TS MKT ETF-US Add +229.2% 0.81% +0.56
IUSB Ishr CR Unvrse Usd BD ETF-Ui Add +178.5% 0.50% +0.30
VXUS Vanguard Total Intl Stock Add +491.4% 0.29% +0.24
VYMI Vanguard Int High DVD YLD Inc. New 0.21% +0.21
SPSM SS SPDR P S&P 600 Small Cap Add +6.6% 2.68% +0.13
BRK.A Berkshire Hathaway Inc. Class A New 0.13% +0.13
SLYV SS SPDR S&P 600 SC Val ETF Add +9.7% 1.01% +0.10
QUAL iShares MSCI USA Quality Fac Add +12.0% 1.06% +0.08
VCSH Vanguard S/T Corp. Bond ETF New 0.08% +0.08
VBR Vngrd Mrngst SL-CP Val ETF-U New 0.07% +0.07
FLRN SS SPDR BB Ig Float RT ETF New 0.07% +0.07
IEMG iShares Core MSCI Emerging Add +50.1% 0.20% +0.07
EQAL Invesco Russell 1000 Equal W New 0.06% +0.06
VEU Vanguard Ftse All-World Ex-U Add +4.6% 7.21% +0.06
AVEM Avantis Emerging Markets Eq New 0.05% +0.05
VOO Vanguard S&P 500 ETF New 0.05% +0.05
AMZN Amazon.com Inc. New 0.05% +0.05
AAPL Apple Inc. Add +5.1% 0.31% +0.05
IGSB iShares 1-5Y Inv Grade Corp. New 0.05% +0.05
EFA iShares MSCI Eafe ETF Add +10.6% 0.96% +0.05
IEI iShares 3-7 Year Treasury Bo New 0.04% +0.04
IQLT iShares MSCI International Q New 0.04% +0.04
GOOGL Alphabet Inc. Class A New 0.04% +0.04
CSCO Cisco Systems Inc. New 0.04% +0.04
HD Home Depot Inc. New 0.04% +0.04
PEP Pepsico Inc. New 0.04% +0.04
VSGX Vanguard ESG Intl Stock ETF New 0.04% +0.04
VTV Vanguard Mrngstr Val ETF-Aui Add +37.7% 0.14% +0.03
VTWO Vanguard Russell 2000 ETF Add +3.8% 0.50% +0.03
NVDA Nvidia Corp. Add +10.9% 0.16% +0.03
IJR iShares Core S&P Small-Cap E Add +5.2% 0.52% +0.02
ABBV Abbvie Inc. Add +5.6% 0.11% +0.02
IEFA iShares Core MSCI Eafe ETF Add +8.8% 0.57% +0.02
JNJ Johnson & Johnson Add +8.1% 0.11% +0.02
BND Vanguard Total Bond Market Add +21.5% 0.14% +0.01
VLUE iShares MSCI USA Value Facto Add +10.6% 0.14% +0.01
IWM iShares Russell 2000 ETF Add +0.9% 0.53% +0.01
IWF iShares Russell 1000 Growth Add +0.9% 1.28% +0.01
BCI Abrdn Bloomberg All Commodit Add +20.7% 0.10% +0.01
PAA Plains All Amer Pipeline LP Add +50.0% 0.04% +0.01
VUG Vanguard Mrngstar GR ETF-Sui Add +5.3% 0.17% +0.01
NOBL Proshares S&P 500 Dividend A Add +8.9% 0.54% +0.01
CVX Chevron Corp. Add +12.7% 0.05% +0.00
IWD iShares Russell 1000 Value E Add +11.1% 0.08% +0.00
PFF iShares Preferred & Income S Add +8.3% 0.24% +0.00
TFC Truist Financial Corp. Add +6.5% 0.07% +0.00
MSFT Microsoft Corp. Add +6.9% 0.13% +0.00
CGXU Cap Group Intl Focus Add +1.1% 0.17% +0.00
VB Vanguard Most SM-Cap ETF-Usd Add +2.7% 0.41% +0.00

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