Cornerstone Advisors, LLC
In its 13F for Q2 2025 (holdings as of June 30, 2025, filed August 8, 2025), Cornerstone Advisors, LLC reported 275 stock positions worth $2.9 billion. Its top holding was Nvidia (NVDA) at 5.9% of the portfolio, followed by Microsoft (MSFT, 5.7%) and Apple (AAPL, 5.5%). Compared with Q1 2025, it opened 14 new positions, sold out of 6, added to 129 and reduced 79. The biggest buy was Nvidia (NVDA, shares +3%) and the biggest sale Johnson & Johnson (JNJ, shares −67%).
- Most Recent 13F
- Q2 2026
- Location
- ASHEVILLE, NC
- CIK
- 0001775446
- Portfolio Value
- $2.9B (Q2 2025)
- SEC Filing
- 0001398344-25-014846 ↗ filed Aug 8, 2025
Holdings Value
Holdings 275 stocks · $2.9B
| NVDA Nvidia Corp. | 5.86% | 1,080,300 | $170.7M | Add +3.1% |
| MSFT Microsoft Corp. | 5.67% | 331,900 | $165.1M | Add +4.2% |
| AAPL Apple Inc. | 5.49% | 778,700 | $159.8M | Add +5.1% |
| AMZN Amazon.com Inc. | 4.04% | 535,900 | $117.6M | Add +9.8% |
| GOOG Alphabet Inc. Class C | 3.78% | 620,200 | $110.0M | Add +15.3% |
| XLK SS Technology Select Sector | 2.63% | 302,800 | $76.7M | Reduce -0.8% |
| META Meta Platforms Inc. Class A | 2.29% | 90,300 | $66.6M | Add +1.5% |
| JPM JPMorgan Chase & Co. | 1.71% | 172,200 | $49.9M | Add +0.9% |
| XLI SS Industrial Select Sector | 1.64% | 324,000 | $47.8M | Reduce -0.4% |
| AVGO Broadcom Inc. | 1.61% | 170,200 | $46.9M | Reduce -1.3% |
| TSLA Tesla Inc. | 1.57% | 143,600 | $45.6M | Add +4.1% |
| BRK.B Berkshire Hathaway Inc. Class B | 1.48% | 88,800 | $43.1M | Add +7.6% |
| LLY Eli Lilly & Co. | 1.46% | 54,500 | $42.5M | Add +35.2% |
| XOM Exxon Mobil Corp. | 1.36% | 366,827 | $39.5M | Add +37.4% |
| NFLX Netflix Inc. | 1.19% | 25,900 | $34.7M | Add +2.0% |
| V Visa Inc. Class A | 1.14% | 93,500 | $33.2M | Add +4.3% |
| WMT Walmart Inc. | 1.08% | 322,900 | $31.6M | Add +1.4% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 1.08% | 662,200 | $31.3M | Add +32.4% |
| COST Costco Wholesale Corp. | 1.01% | 29,700 | $29.4M | Add +1.0% |
| ORCL Oracle Corp. | 1.00% | 133,100 | $29.1M | Add +34.4% |
| XLRE SS Real Estate Select Sector | 0.98% | 687,100 | $28.5M | Reduce -0.3% |
| HD Home Depot Inc. | 0.96% | 76,100 | $27.9M | Add +27.1% |
| MA Mastercard Inc. Class A | 0.95% | 49,100 | $27.6M | Add +2.1% |
| UTG Reaves Utility Income Fund | 0.91% | 732,485 | $26.5M | Add +80.2% |
| CSQ Calamos Strat TTL RTRN FND | 0.90% | 1,438,135 | $26.2M | Add +12.3% |
| ETG Eaton Vance T/A GL DVD Incm | 0.86% | 1,195,167 | $25.0M | No change |
| PG The Procter & Gamble Co. | 0.84% | 153,200 | $24.4M | Add +21.9% |
| ABBV Abbvie Inc. | 0.82% | 128,400 | $23.8M | Add +48.6% |
| TMO Thermo Fisher Scientific Inc. | 0.80% | 57,700 | $23.4M | Add +177.4% |
| MCD McDonald's Corp. | 0.76% | 75,600 | $22.1M | Add +139.2% |
| DHR Danaher Corp. | 0.74% | 109,600 | $21.7M | Add +207.0% |
| NEE Nextera Energy Inc. | 0.73% | 305,200 | $21.2M | Add +58.0% |
| UNH Unitedhealth Group Inc. | 0.72% | 67,003 | $20.9M | Add +55.5% |
| BKNG Booking Holdings Inc. | 0.72% | 3,600 | $20.8M | Add +2.9% |
| KO The Coca-Cola Co. | 0.71% | 292,300 | $20.7M | Add +2.9% |
| BLK BlackRock Inc. | 0.70% | 19,400 | $20.4M | Add +162.2% |
| DE Deere & Co. | 0.65% | 37,100 | $18.9M | Add +5.1% |
| C Citigroup Inc. | 0.62% | 213,000 | $18.1M | Add +32.5% |
| CAT Caterpillar Inc. | 0.61% | 46,000 | $17.9M | Add +26.0% |
| CRM Salesforce Inc. | 0.61% | 65,400 | $17.8M | Add +52.8% |
| KMI Kinder Morgan Inc. | 0.61% | 602,184 | $17.7M | Add +243.7% |
| LOW Lowe's Cos Inc. | 0.61% | 79,500 | $17.6M | Add +115.5% |
| XLB SS Materials Select Sector | 0.60% | 197,400 | $17.3M | Reduce -6.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.58% | 137,100 | $17.0M | Add +53.9% |
| CVX Chevron Corp. | 0.58% | 117,200 | $16.8M | Add +45.8% |
| WFC Wells Fargo & Co. | 0.58% | 209,300 | $16.8M | Add +2.5% |
| VRTX Vertex Pharmaceuticals Inc. | 0.56% | 36,600 | $16.3M | Add +181.5% |
| GS Goldman Sachs Group Inc. | 0.56% | 23,000 | $16.3M | Add +17.9% |
| AMAT Applied Materials Inc. | 0.54% | 85,700 | $15.7M | Reduce -2.2% |
| RTX RTX Corp. | 0.52% | 104,400 | $15.2M | Add +13.1% |
| QQQX Nuveen Nasdaq 100 DYN Overwr | 0.52% | 567,223 | $15.0M | Reduce -38.6% |
| AMD Advanced Micro Devices | 0.51% | 105,400 | $15.0M | Add +40.7% |
| ETN Eaton Corp. PLC | 0.50% | 40,800 | $14.6M | Add +54.0% |
| MCO Moody's Corp. | 0.48% | 27,800 | $13.9M | Add +175.3% |
| SPGI S&P Global Inc. | 0.46% | 25,600 | $13.5M | Add +53.3% |
| GE General Electric filed as GE AEROSPACE | 0.46% | 52,400 | $13.5M | Add +0.2% |
| ACN Accenture PLC Class A | 0.46% | 45,100 | $13.5M | Add +35.8% |
| MS Morgan Stanley | 0.46% | 95,200 | $13.4M | Add +7.2% |
| SYK Stryker Corp. | 0.45% | 33,400 | $13.2M | Add +81.5% |
| ITW Illinois Tool Works | 0.43% | 50,600 | $12.5M | Add +104.9% |
| VZ Verizon Communications Inc. | 0.42% | 283,500 | $12.3M | Add +72.7% |
| SCHW Schwab (charles) Corp. | 0.42% | 132,800 | $12.1M | Add +23.2% |
| ABT Abbott Laboratories | 0.41% | 88,800 | $12.1M | Add +7.3% |
| PM Philip Morris International | 0.41% | 65,900 | $12.0M | Add +4.6% |
| PEP Pepsico Inc. | 0.41% | 90,700 | $12.0M | Add +43.5% |
| PFE Pfizer Inc. | 0.41% | 492,700 | $11.9M | Add +99.2% |
| TMUS T-Mobile US Inc. | 0.41% | 49,900 | $11.9M | Add +4.8% |
| AXP American Express Co. | 0.40% | 36,200 | $11.5M | Add +13.8% |
| UNP Union Pacific Corp. | 0.40% | 50,000 | $11.5M | Add +32.3% |
| MRK Merck & Co. Inc. | 0.39% | 145,100 | $11.5M | Add +26.5% |
| HON Honeywell International Inc. | 0.39% | 49,100 | $11.4M | Add +20.9% |
| LIN Linde PLC | 0.39% | 24,200 | $11.4M | Add +54.1% |
| EMR Emerson Electric Co. | 0.39% | 84,600 | $11.3M | Add +90.5% |
| GILD Gilead Sciences Inc. | 0.38% | 99,700 | $11.1M | Add +45.8% |
| CSCO Cisco Systems Inc. | 0.38% | 158,500 | $11.0M | Reduce -12.4% |
| BMY Bristol-Myers Squibb Co. | 0.36% | 227,000 | $10.5M | Add +128.4% |
| ELV Elevance Health Inc. | 0.36% | 27,000 | $10.5M | Add +126.9% |
| ISRG Intuitive Surgical Inc. | 0.36% | 19,100 | $10.4M | Add +33.6% |
| CB Chubb Ltd. | 0.35% | 35,400 | $10.3M | Add +69.4% |
| MRSH Marsh & McLennan Cos | 0.34% | 44,800 | $9.8M | Add +70.3% |
| CMCSA Comcast Corp. Class A | 0.33% | 269,100 | $9.6M | Add +22.1% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.33% | 77,400 | $9.6M | Add +37.5% |
| BSX Boston Scientific Corp. | 0.32% | 87,136 | $9.4M | Add +21.6% |
| AON Aon PLC Class A | 0.32% | 25,800 | $9.2M | Add +111.5% |
| AMGN Amgen Inc. | 0.31% | 32,600 | $9.1M | Add +22.1% |
| WM Waste Management Inc. | 0.31% | 39,300 | $9.0M | Add +33.7% |
| ADI Analog Devices Inc. | 0.31% | 37,600 | $8.9M | Add +58.0% |
| MDT Medtronic PLC | 0.30% | 100,800 | $8.8M | Add +97.3% |
| BA The Boeing Co. | 0.30% | 41,700 | $8.7M | Add +5.6% |
| ICE Intercontinental Exchange Inc. | 0.29% | 46,200 | $8.5M | Add +67.4% |
| INTU Intuit Inc. | 0.29% | 10,700 | $8.4M | Reduce -14.4% |
| TDG Transdigm Group Inc. | 0.28% | 5,300 | $8.1M | Add +39.5% |
| TXN Texas Instruments Inc. | 0.28% | 38,600 | $8.0M | Add +33.6% |
| ETJ Eaton Vance RSK-MGD Divers | 0.27% | 873,368 | $7.9M | Add +40.9% |
| GD General Dynamics Corp. | 0.27% | 26,900 | $7.8M | Add +26.3% |
| UBER Uber Technologies Inc. | 0.27% | 82,700 | $7.7M | Add +43.1% |
| ORLY O'reilly Automotive Inc. | 0.25% | 81,600 | $7.4M | Add +47.0% |
| ADP Automatic Data Processing | 0.25% | 23,500 | $7.2M | Add +25.0% |
| MCK McKesson Corp. | 0.24% | 9,700 | $7.1M | Add +22.8% |
| CEG Constellation Energy | 0.24% | 21,866 | $7.1M | Reduce -47.1% |
Portfolio Sells Q1 2025 → Q2 2025
| JNJ Johnson & Johnson | Reduce -66.5% | 0.18% | −0.56 |
| QQQX Nuveen Nasdaq 100 DYN Overwr | Reduce -38.6% | 0.52% | −0.43 |
| XLP SS Consumer Staples Sel Sect | Sold out | 0.00% | −0.37 |
| IVV iShares Core S&P 500 ETF | Sold out | 0.00% | −0.30 |
| SPY SS SPDR S&P 500 ETF Trust-US | Sold out | 0.00% | −0.28 |
| XLRE SS Real Estate Select Sector | Reduce -0.3% | 0.98% | −0.26 |
| XBXMX Nuveen S&P 500 Buy-WR Inc. | Reduce -45.7% | 0.18% | −0.21 |
| XLI SS Industrial Select Sector | Reduce -0.4% | 1.64% | −0.19 |
| XLB SS Materials Select Sector | Reduce -6.5% | 0.60% | −0.19 |
| SO The Southern Co. | Reduce -83.0% | 0.03% | −0.18 |
| CII BlackRock Enhan LRG Cap Core | Reduce -49.9% | 0.13% | −0.15 |
| KLAC KLA Corp. | Sold out | 0.00% | −0.14 |
| XEVTX Eaton Vance Tax-Adv DVD Inc. | Reduce -35.7% | 0.15% | −0.14 |
| GAM General American Investors | Reduce -31.5% | 0.19% | −0.12 |
| CEG Constellation Energy | Reduce -47.1% | 0.24% | −0.12 |
| BTO John Hancock Financial Opp | Reduce -37.7% | 0.12% | −0.11 |
| LRCX Lam Research Corp. | Reduce -64.3% | 0.07% | −0.11 |
| CSCO Cisco Systems Inc. | Reduce -12.4% | 0.38% | −0.10 |
| XLE SS Energy Select Sector | Reduce -1.1% | 0.24% | −0.09 |
| CL Colgate-Palmolive Co. | Reduce -50.1% | 0.05% | −0.08 |
| XLK SS Technology Select Sector | Reduce -0.8% | 2.63% | −0.08 |
| XLV SS Health Care Select Sector | Reduce -33.6% | 0.08% | −0.08 |
| MO Altria Group Inc. | Reduce -67.2% | 0.03% | −0.08 |
| FISV Fiserv Inc. | Reduce -2.3% | 0.12% | −0.08 |
| XRNPX Cohen & Steers REIT and Pref | Sold out | 0.00% | −0.07 |
| ETV Eaton Vance T/M Buy-Writ Opp | Reduce -34.6% | 0.08% | −0.07 |
| ADBE Adobe Inc. | Reduce -11.8% | 0.15% | −0.06 |
| ETO Eaton Vance T/A GLBL DVD Opp | Reduce -12.0% | 0.20% | −0.06 |
| AMT American Tower Corp. | Reduce -12.4% | 0.13% | −0.05 |
| T AT&T Inc. | Reduce -37.4% | 0.06% | −0.05 |
| EXC Exelon Corp. | Reduce -5.4% | 0.12% | −0.05 |
| SHW The Sherwin-Williams Co. | Reduce -2.9% | 0.16% | −0.05 |
| ASGI Abrdn Global Infrastructure | Reduce -42.3% | 0.05% | −0.04 |
| NOC Northrop Grumman Corp. | Reduce -16.4% | 0.08% | −0.04 |
| INTU Intuit Inc. | Reduce -14.4% | 0.29% | −0.04 |
| QCOM Qualcomm Inc. | Reduce -8.9% | 0.12% | −0.04 |
| EQIX Equinix Inc. | Reduce -7.3% | 0.10% | −0.04 |
| PCAR Paccar Inc. | Reduce -1.8% | 0.12% | −0.04 |
| OXY Occidental Petroleum Corp. | Reduce -6.0% | 0.06% | −0.03 |
| MSCI MSCI Inc. | Reduce -10.2% | 0.09% | −0.03 |
| AFL Aflac Inc. | Reduce -2.4% | 0.09% | −0.03 |
| ASG Liberty All-Star Growth FD | Reduce -8.1% | 0.14% | −0.03 |
| CMG Chipotle Mexican Grill Inc. | Reduce -5.1% | 0.16% | −0.03 |
| CME Cme Group Inc. | Reduce -2.3% | 0.12% | −0.03 |
| DVN Devon Energy Corp. | Reduce -7.1% | 0.04% | −0.03 |
| PNC PNC Financial Services Group | Reduce -0.5% | 0.13% | −0.02 |
| APD Air Products & Chemicals Inc. | Reduce -6.0% | 0.06% | −0.02 |
| CTAS Cintas Corp. | Reduce -5.0% | 0.10% | −0.02 |
| SNPS Synopsys Inc. | Reduce -10.4% | 0.12% | −0.02 |
| ROST Ross Stores Inc. | Reduce -5.7% | 0.06% | −0.02 |
Portfolio Buys Q1 2025 → Q2 2025
| NVDA Nvidia Corp. | Add +3.1% | 5.86% | +0.97 |
| MSFT Microsoft Corp. | Add +4.2% | 5.67% | +0.52 |
| DHR Danaher Corp. | Add +207.0% | 0.74% | +0.43 |
| ORCL Oracle Corp. | Add +34.4% | 1.00% | +0.40 |
| BLK BlackRock Inc. | Add +162.2% | 0.70% | +0.40 |
| KMI Kinder Morgan Inc. | Add +243.7% | 0.61% | +0.39 |
| TMO Thermo Fisher Scientific Inc. | Add +177.4% | 0.80% | +0.36 |
| UTG Reaves Utility Income Fund | Add +80.2% | 0.91% | +0.34 |
| MCD McDonald's Corp. | Add +139.2% | 0.76% | +0.33 |
| VRTX Vertex Pharmaceuticals Inc. | Add +181.5% | 0.56% | +0.29 |
| MCO Moody's Corp. | Add +175.3% | 0.48% | +0.28 |
| LOW Lowe's Cos Inc. | Add +115.5% | 0.61% | +0.24 |
| DIS The Walt Disney Co. | Add +53.9% | 0.58% | +0.21 |
| ETN Eaton Corp. PLC | Add +54.0% | 0.50% | +0.19 |
| AMD Advanced Micro Devices | Add +40.7% | 0.51% | +0.18 |
| EMR Emerson Electric Co. | Add +90.5% | 0.39% | +0.18 |
| BAC Bank of America Corp. | Add +32.4% | 1.08% | +0.18 |
| NFLX Netflix Inc. | Add +2.0% | 1.19% | +0.17 |
| ITW Illinois Tool Works | Add +104.9% | 0.43% | +0.17 |
| SYK Stryker Corp. | Add +81.5% | 0.45% | +0.16 |
| GOOG Alphabet Inc. Class C | Add +15.3% | 3.78% | +0.16 |
| RQI Cohen & Steers Qual Inc. RLTY | New | 0.15% | +0.15 |
| PFE Pfizer Inc. | Add +99.2% | 0.41% | +0.14 |
| ELV Elevance Health Inc. | Add +126.9% | 0.36% | +0.14 |
| NEE Nextera Energy Inc. | Add +58.0% | 0.73% | +0.14 |
| C Citigroup Inc. | Add +32.5% | 0.62% | +0.13 |
| CRM Salesforce Inc. | Add +52.8% | 0.61% | +0.12 |
| AON Aon PLC Class A | Add +111.5% | 0.32% | +0.11 |
| MDT Medtronic PLC | Add +97.3% | 0.30% | +0.10 |
| ADI Analog Devices Inc. | Add +58.0% | 0.31% | +0.10 |
| VZ Verizon Communications Inc. | Add +72.7% | 0.42% | +0.10 |
| GS Goldman Sachs Group Inc. | Add +17.9% | 0.56% | +0.10 |
| BMY Bristol-Myers Squibb Co. | Add +128.4% | 0.36% | +0.10 |
| SPGI S&P Global Inc. | Add +53.3% | 0.46% | +0.10 |
| CAT Caterpillar Inc. | Add +26.0% | 0.61% | +0.09 |
| XNIEX Virtus Equity & Convertible | New | 0.09% | +0.09 |
| ICE Intercontinental Exchange Inc. | Add +67.4% | 0.29% | +0.09 |
| UBER Uber Technologies Inc. | Add +43.1% | 0.27% | +0.08 |
| CB Chubb Ltd. | Add +69.4% | 0.35% | +0.08 |
| META Meta Platforms Inc. Class A | Add +1.5% | 2.29% | +0.08 |
| LIN Linde PLC | Add +54.1% | 0.39% | +0.08 |
| GEV GE Vernova Inc. | Add +0.8% | 0.24% | +0.07 |
| RVT Royce Small-Cap Trust Inc. | New | 0.06% | +0.06 |
| MRSH Marsh & McLennan Cos | Add +70.3% | 0.34% | +0.06 |
| NCV Virtus Convertible & Income | New | 0.05% | +0.05 |
| NML Neuberger Energy Infrastruct | New | 0.05% | +0.05 |
| SCHW Schwab (charles) Corp. | Add +23.2% | 0.42% | +0.05 |
| TXN Texas Instruments Inc. | Add +33.6% | 0.28% | +0.05 |
| ISRG Intuitive Surgical Inc. | Add +33.6% | 0.36% | +0.05 |
| TDG Transdigm Group Inc. | Add +39.5% | 0.28% | +0.05 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 112 | $3.0B | NVDA, AAPL, GOOG, MSFT, AMZN |
| Q1 2026 | 99 | $2.7B | AAPL, NVDA, GOOG, MSFT, XLE |
| Q4 2025 | 158 | $3.0B | AAPL, NVDA, GOOG, MSFT, AMZN |
| Q3 2025 | 234 | $3.0B | NVDA, AAPL, MSFT, GOOG, AMZN |
| Q2 2025 | 275 | $2.9B | NVDA, MSFT, AAPL, AMZN, GOOG |
| Q1 2025 | 267 | $2.3B | AAPL, MSFT, NVDA, AMZN, GOOG |
| Q4 2024 | 270 | $2.5B | AAPL, NVDA, MSFT, GOOG, AMZN |
| Q3 2024 | 284 | $2.5B | AAPL, MSFT, NVDA, GOOG, AMZN |
| Q2 2024 | 304 | $2.5B | AAPL, MSFT, NVDA, GOOG, AMZN |
| Q1 2024 | 314 | $2.4B | MSFT, AAPL, NVDA, GOOG, AMZN |