Cornerstone Advisory, LLC
In its 13F for Q1 2024 (holdings as of March 31, 2024, filed May 8, 2024), Cornerstone Advisory, LLC reported 225 stock positions worth $701.4 million. Its top holding was JPMorgan Equity Premium Inco (JEPI) at 14.2% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 5.0%) and Vanguard High DVD Yield ETF (VYM, 4.9%). Compared with Q4 2023, it opened 11 new positions, sold out of 8, added to 109 and reduced 89. The biggest buy was Janus Henderson Aaa Clo ETF (JAAA, shares +103%) and the biggest sale JPMorgan Ultra-Short Income (JPST, shares −74%).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001668189
- Portfolio Value
- $701.4M (Q1 2024)
- SEC Filing
- 0001172661-24-002074 ↗ filed May 8, 2024
Holdings Value
Holdings 225 stocks · $701.4M
| JEPI JPMorgan Equity Premium Inco | 14.16% | 1,715,998 | $99.3M | Add +6.2% |
| IVV iShares Core S&P 500 ETF | 4.97% | 66,296 | $34.9M | Reduce -0.1% |
| VYM Vanguard High DVD Yield ETF | 4.87% | 282,426 | $34.2M | Add +3.9% |
| GSLC Goldman Activebeta US LC ETF | 3.42% | 231,450 | $24.0M | Reduce -0.4% |
| IJR iShares Core S&P Small-Cap E | 3.17% | 201,383 | $22.3M | Add +14.6% |
| AAPL Apple Inc. | 3.05% | 124,759 | $21.4M | Reduce -0.5% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.62% | 43,654 | $18.4M | Add +2.8% |
| MSFT Microsoft Corp. | 2.07% | 34,555 | $14.5M | Add +1.6% |
| AMZN Amazon.com Inc. | 2.04% | 79,381 | $14.3M | Reduce -4.2% |
| TCAF T Rowe PRC Cap Appreciation | 2.00% | 463,858 | $14.0M | Add +12.0% |
| VGT Vanguard Info Tech ETF | 1.95% | 26,022 | $13.6M | Reduce -4.5% |
| GOOGL Alphabet Inc. Class A | 1.89% | 87,778 | $13.2M | Reduce -4.8% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 1.80% | 232,764 | $12.6M | Reduce -0.3% |
| PDI PIMCO Dynamic Income Fund | 1.73% | 628,174 | $12.1M | Reduce -0.7% |
| JAAA Janus Henderson Aaa Clo ETF | 1.71% | 235,781 | $12.0M | Add +103.1% |
| XJPIX Nuveen Preferred Securities | 1.59% | 578,537 | $11.1M | Reduce -2.8% |
| VOOG Vanguard S&P 500 Growth ETF | 1.58% | 36,261 | $11.0M | Add +21.3% |
| MQY BlackRock Muniyield Quality | 1.56% | 892,379 | $10.9M | Add +0.2% |
| MOAT Vaneck Morningstar Wide Moat | 1.50% | 117,269 | $10.5M | Add +8.0% |
| VIG Vanguard Dividend Apprec ETF | 1.49% | 57,074 | $10.4M | Add +5.0% |
| BOND PIMCO Active Bond Exchange-T | 1.30% | 99,157 | $9.1M | Add +38.5% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.21% | 69,413 | $8.5M | Reduce -0.4% |
| VHT Vanguard Health Care ETF | 1.19% | 30,887 | $8.4M | Reduce -1.9% |
| IEFA iShares Core MSCI Eafe ETF | 1.03% | 97,084 | $7.2M | Add +0.6% |
| GOOG Alphabet Inc. Class C | 0.96% | 44,011 | $6.7M | Reduce -2.4% |
| IWM iShares Russell 2000 ETF | 0.95% | 31,552 | $6.6M | Add +7.9% |
| IWF iShares Russell 1000 Growth | 0.93% | 19,268 | $6.5M | Add +2.7% |
| META Meta Platforms Inc. Class A | 0.92% | 13,283 | $6.5M | Reduce -10.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.92% | 25,812 | $6.4M | Add +64.0% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.84% | 30,657 | $5.9M | Add +0.7% |
| JPST JPMorgan Ultra-Short Income | 0.84% | 116,359 | $5.9M | Reduce -74.3% |
| SDY SS SPDR S&P Dividend ETF | 0.84% | 44,667 | $5.9M | Add +0.1% |
| PDO PIMCO Dynamic Income Opport | 0.83% | 444,571 | $5.9M | Reduce -0.7% |
| XBMEX BlackRock Health Sciences | 0.82% | 139,023 | $5.8M | Add +17.1% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 0.75% | 112,298 | $5.3M | New |
| PRF Invesco Rafi US 1000 ETF | 0.73% | 133,819 | $5.1M | Reduce -1.1% |
| COR Cencora Inc. | 0.72% | 20,810 | $5.1M | Add +16.4% |
| V Visa Inc. Class A | 0.72% | 18,062 | $5.0M | Add +1.9% |
| NVG Nuveen Amt-FR Muni CRDT | 0.69% | 396,269 | $4.8M | Add +0.7% |
| IWD iShares Russell 1000 Value E | 0.63% | 24,547 | $4.4M | Add +0.1% |
| COWZ Pacer US Cash Cows 100 ETF | 0.62% | 74,977 | $4.4M | Add +1.2% |
| MA Mastercard Inc. Class A | 0.60% | 8,697 | $4.2M | Add +1.3% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.55% | 14,844 | $3.9M | Add +89.2% |
| ABBV Abbvie Inc. | 0.55% | 21,124 | $3.8M | Add +0.1% |
| IUSG iShares Core S&P U.S. Growth | 0.55% | 32,786 | $3.8M | Add +20.5% |
| QQQ Invesco QQQ Trust Series 1 | 0.53% | 8,298 | $3.7M | Add +3.1% |
| UTF Cohen & Steers Infrastructur | 0.49% | 146,950 | $3.5M | Reduce -18.8% |
| PSF Cohen & Steers Select Prefer | 0.47% | 163,287 | $3.3M | Reduce -0.5% |
| NVDA Nvidia Corp. | 0.46% | 3,590 | $3.2M | Reduce -26.7% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.46% | 19,596 | $3.2M | Add +7.4% |
| RSPH Invesco S&P 500 Equal Weight | 0.43% | 95,142 | $3.0M | Reduce -3.5% |
| JNJ Johnson & Johnson | 0.40% | 17,890 | $2.8M | Reduce -3.9% |
| JPM JPMorgan Chase & Co. | 0.38% | 13,424 | $2.7M | Add +6.2% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 5,071 | $2.7M | Add +25.3% |
| NAD Nuveen Quality Municipal Inc. | 0.36% | 223,211 | $2.6M | Add +3.4% |
| XOM Exxon Mobil Corp. | 0.35% | 20,946 | $2.4M | Reduce -8.1% |
| XLI SS Industrial Select Sector | 0.31% | 17,293 | $2.2M | Add +2.7% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.30% | 6,134 | $2.1M | Add +30.5% |
| XLK SS Technology Select Sector | 0.30% | 9,961 | $2.1M | No change |
| PG The Procter & Gamble Co. | 0.28% | 12,223 | $2.0M | Reduce -5.0% |
| LLY Eli Lilly & Co. | 0.27% | 2,437 | $1.9M | Add +25.6% |
| UNH Unitedhealth Group Inc. | 0.27% | 3,774 | $1.9M | Add +28.8% |
| SYK Stryker Corp. | 0.26% | 5,186 | $1.9M | Reduce -8.8% |
| MRK Merck & Co. Inc. | 0.26% | 13,604 | $1.8M | Add +2.8% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.24% | 14,000 | $1.7M | No change |
| IWB iShares Russell 1000 ETF | 0.23% | 5,611 | $1.6M | Reduce -6.4% |
| COST Costco Wholesale Corp. | 0.22% | 2,139 | $1.6M | Add +9.1% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.21% | 22,740 | $1.5M | New |
| HD Home Depot Inc. | 0.20% | 3,664 | $1.4M | Add +6.5% |
| IT Gartner Inc. | 0.20% | 2,892 | $1.4M | Add +0.5% |
| PML PIMCO Municipal Income FD II | 0.19% | 160,216 | $1.4M | Add +2.8% |
| OCSL Oaktree Specialty Lending Co. | 0.19% | 68,276 | $1.4M | Add +0.2% |
| AMAT Applied Materials Inc. | 0.18% | 6,175 | $1.3M | Reduce -6.7% |
| APPN Appian Corp. Class A | 0.18% | 31,675 | $1.3M | Add +0.1% |
| IVW iShares S&P 500 Growth ETF | 0.17% | 14,508 | $1.2M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.17% | 9,906 | $1.2M | Add +2.9% |
| ORCL Oracle Corp. | 0.17% | 9,555 | $1.2M | Add +7.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 4,447 | $1.2M | Reduce -0.0% |
| KYN Kayne Anderson Energy Infra | 0.16% | 111,906 | $1.1M | Reduce -33.4% |
| UNP Union Pacific Corp. | 0.15% | 4,344 | $1.1M | Add +1.3% |
| PEP Pepsico Inc. | 0.15% | 6,006 | $1.1M | Reduce -2.6% |
| ITA iShares U.S. Aerospace & Def | 0.15% | 7,925 | $1.0M | Add +4.3% |
| DHR Danaher Corp. | 0.14% | 3,982 | $994K | No change |
| VLO Valero Energy Corp. | 0.14% | 5,793 | $989K | Reduce -1.0% |
| CVX Chevron Corp. | 0.14% | 6,264 | $988K | Add +25.2% |
| IEMG iShares Core MSCI Emerging | 0.14% | 19,111 | $986K | Add +7.9% |
| TOTL SS Doubleline TR Tact ETF | 0.14% | 24,432 | $979K | Add +14.2% |
| ET Energy Transfer LP | 0.14% | 62,000 | $975K | Add +2.6% |
| AVGO Broadcom Inc. | 0.13% | 714 | $946K | Add +7.5% |
| PANW Palo Alto Networks Inc. | 0.13% | 3,300 | $938K | Add +227.7% |
| VEU Vanguard Ftse All-World Ex-U | 0.13% | 15,876 | $931K | Reduce -1.9% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 24,046 | $912K | Reduce -7.1% |
| LMT Lockheed Martin Corp. | 0.13% | 2,000 | $910K | Reduce -4.4% |
| MCD McDonald's Corp. | 0.13% | 3,176 | $896K | Add +11.3% |
| CEG Constellation Energy | 0.13% | 4,743 | $877K | Reduce -0.4% |
| CCI Crown Castle Inc. | 0.12% | 8,113 | $859K | Reduce -2.1% |
| VCSH Vanguard S/T Corp. Bond ETF | 0.12% | 10,993 | $850K | Reduce -22.4% |
| AMD Advanced Micro Devices | 0.12% | 4,516 | $815K | Add +10.5% |
| NOBL Proshares S&P 500 Dividend A | 0.12% | 8,027 | $814K | Reduce -6.3% |
| VZ Verizon Communications Inc. | 0.11% | 18,980 | $796K | Reduce -8.4% |
Portfolio Sells Q4 2023 → Q1 2024
| JPST JPMorgan Ultra-Short Income | Reduce -74.3% | 0.84% | −2.71 |
| AAPL Apple Inc. | Reduce -0.5% | 3.05% | −0.72 |
| TDVG T Rowe Price Dividend Growth | Reduce -57.5% | 0.10% | −0.14 |
| NTG Tortoise Midstream Energy | Reduce -55.7% | 0.10% | −0.13 |
| GOOGL Alphabet Inc. Class A | Reduce -4.8% | 1.89% | −0.12 |
| MINT PIMCO Enhanced Short Maturit | Sold out | 0.00% | −0.12 |
| VGT Vanguard Info Tech ETF | Reduce -4.5% | 1.95% | −0.11 |
| XJPIX Nuveen Preferred Securities | Reduce -2.8% | 1.59% | −0.11 |
| XETYX Eaton Vance Tax-MGD Div Eqty | Sold out | 0.00% | −0.11 |
| PTY PIMCO Corporate & Income Opp | Reduce -81.4% | 0.03% | −0.11 |
| UTF Cohen & Steers Infrastructur | Reduce -18.8% | 0.49% | −0.11 |
| BGT BlackRock Fltng RT Inc. TR | Sold out | 0.00% | −0.10 |
| VYMI Vanguard Int High DVD YLD Inc. | Reduce -56.9% | 0.06% | −0.09 |
| BA The Boeing Co. | Reduce -24.5% | 0.09% | −0.09 |
| KYN Kayne Anderson Energy Infra | Reduce -33.4% | 0.16% | −0.07 |
| JNJ Johnson & Johnson | Reduce -3.9% | 0.40% | −0.05 |
| VCSH Vanguard S/T Corp. Bond ETF | Reduce -22.4% | 0.12% | −0.05 |
| XYLD Global X S&P 500 Cove Call E | Sold out | 0.00% | −0.04 |
| PDI PIMCO Dynamic Income Fund | Reduce -0.7% | 1.73% | −0.04 |
| VGSH Vanguard Short-Term Treasury | Reduce -22.8% | 0.10% | −0.04 |
| VHT Vanguard Health Care ETF | Reduce -1.9% | 1.19% | −0.04 |
| AVB Avalonbay Communities Inc. | Reduce -40.8% | 0.05% | −0.04 |
| VOO Vanguard S&P 500 ETF | Sold out | 0.00% | −0.04 |
| GOOG Alphabet Inc. Class C | Reduce -2.4% | 0.96% | −0.04 |
| PYPL PayPal Holdings Inc. | Sold out | 0.00% | −0.03 |
| ABNB Airbnb Inc. Class A | Sold out | 0.00% | −0.03 |
| PFE Pfizer Inc. | Reduce -15.1% | 0.10% | −0.03 |
| SCHW Schwab (charles) Corp. | Reduce -28.6% | 0.07% | −0.03 |
| VMRK Vivmark Residential | Sold out | 0.00% | −0.03 |
| TSLA Tesla Inc. | Reduce -3.1% | 0.05% | −0.03 |
| RSPH Invesco S&P 500 Equal Weight | Reduce -3.5% | 0.43% | −0.03 |
| CCI Crown Castle Inc. | Reduce -2.1% | 0.12% | −0.03 |
| SPG Simon Property Group Inc. | Reduce -36.6% | 0.04% | −0.02 |
| AMT American Tower Corp. | Reduce -0.8% | 0.11% | −0.02 |
| XBI SS SPDR S&P Biotech ETF | Reduce -16.6% | 0.10% | −0.02 |
| UPS United Parcel Service Class B | Reduce -16.4% | 0.06% | −0.02 |
| MMM 3M Co. | Reduce -22.2% | 0.05% | −0.02 |
| RYLD Global X Russell 2000 Cov Class | Reduce -35.1% | 0.03% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -11.2% | 0.08% | −0.02 |
| PDO PIMCO Dynamic Income Opport | Reduce -0.7% | 0.83% | −0.02 |
| NKE Nike Inc. Class B | Reduce -6.2% | 0.05% | −0.02 |
| LMT Lockheed Martin Corp. | Reduce -4.4% | 0.13% | −0.02 |
| PSF Cohen & Steers Select Prefer | Reduce -0.5% | 0.47% | −0.02 |
| JEPQ JPM Nasdaq Equity Premium | Reduce -0.3% | 1.80% | −0.02 |
| ADBE Adobe Inc. | Reduce -5.0% | 0.04% | −0.02 |
| IWB iShares Russell 1000 ETF | Reduce -6.4% | 0.23% | −0.01 |
| PM Philip Morris International | Reduce -5.4% | 0.08% | −0.01 |
| VWO Vanguard Ftse Emerging Marke | Reduce -18.6% | 0.04% | −0.01 |
| PSA Public Storage | Reduce -6.3% | 0.06% | −0.01 |
| PEP Pepsico Inc. | Reduce -2.6% | 0.15% | −0.01 |
Portfolio Buys Q4 2023 → Q1 2024
| JAAA Janus Henderson Aaa Clo ETF | Add +103.1% | 1.71% | +0.80 |
| GPIX GLDM SA S&P 500 PR in ETF-US | New | 0.75% | +0.75 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +64.0% | 0.92% | +0.35 |
| VOOG Vanguard S&P 500 Growth ETF | Add +21.3% | 1.58% | +0.31 |
| JEPI JPMorgan Equity Premium Inco | Add +6.2% | 14.16% | +0.30 |
| BOND PIMCO Active Bond Exchange-T | Add +38.5% | 1.30% | +0.27 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Add +89.2% | 0.55% | +0.26 |
| BRK.B Berkshire Hathaway Inc. Class B | Add +2.8% | 2.62% | +0.25 |
| TCAF T Rowe PRC Cap Appreciation | Add +12.0% | 2.00% | +0.21 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | New | 0.21% | +0.21 |
| IJR iShares Core S&P Small-Cap E | Add +14.6% | 3.17% | +0.21 |
| COR Cencora Inc. | Add +16.4% | 0.72% | +0.15 |
| VYM Vanguard High DVD Yield ETF | Add +3.9% | 4.87% | +0.14 |
| IUSG iShares Core S&P U.S. Growth | Add +20.5% | 0.55% | +0.11 |
| NEE Nextera Energy Inc. | New | 0.10% | +0.10 |
| LLY Eli Lilly & Co. | Add +25.6% | 0.27% | +0.09 |
| CMG Chipotle Mexican Grill Inc. | New | 0.09% | +0.09 |
| PANW Palo Alto Networks Inc. | Add +227.7% | 0.13% | +0.09 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +25.3% | 0.38% | +0.08 |
| MSFT Microsoft Corp. | Add +1.6% | 2.07% | +0.08 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +30.5% | 0.30% | +0.07 |
| XBMEX BlackRock Health Sciences | Add +17.1% | 0.82% | +0.07 |
| MOAT Vaneck Morningstar Wide Moat | Add +8.0% | 1.50% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +6.2% | 0.38% | +0.05 |
| VIG Vanguard Dividend Apprec ETF | Add +5.0% | 1.49% | +0.04 |
| DECK Deckers Outdoor Corp. | New | 0.04% | +0.04 |
| IWF iShares Russell 1000 Growth | Add +2.7% | 0.93% | +0.04 |
| ABBV Abbvie Inc. | Add +0.1% | 0.55% | +0.04 |
| DIS The Walt Disney Co. | Add +2.9% | 0.17% | +0.04 |
| NFLX Netflix Inc. | New | 0.04% | +0.04 |
| ALL Allstate Corp. | New | 0.03% | +0.03 |
| FDX FedEx Corp. | New | 0.03% | +0.03 |
| MRK Merck & Co. Inc. | Add +2.8% | 0.26% | +0.03 |
| IWM iShares Russell 2000 ETF | Add +7.9% | 0.95% | +0.03 |
| PSX Phillips 66 | New | 0.03% | +0.03 |
| VEA Vanguard Ftse Developed ETF | New | 0.03% | +0.03 |
| VTV Vanguard Mrngstr Val ETF-Aui | Add +7.4% | 0.46% | +0.03 |
| MA Mastercard Inc. Class A | Add +1.3% | 0.60% | +0.03 |
| UNH Unitedhealth Group Inc. | Add +28.8% | 0.27% | +0.03 |
| ORCL Oracle Corp. | Add +7.4% | 0.17% | +0.02 |
| CVX Chevron Corp. | Add +25.2% | 0.14% | +0.02 |
| AMD Advanced Micro Devices | Add +10.5% | 0.12% | +0.02 |
| COST Costco Wholesale Corp. | Add +9.1% | 0.22% | +0.02 |
| COWZ Pacer US Cash Cows 100 ETF | Add +1.2% | 0.62% | +0.02 |
| UBER Uber Technologies Inc. | Add +43.6% | 0.05% | +0.02 |
| AVGO Broadcom Inc. | Add +7.5% | 0.13% | +0.02 |
| GE General Electric | Add +17.4% | 0.05% | +0.02 |
| PNSTQ Pinstripes Holdings Inc. | New | 0.02% | +0.02 |
| CAT Caterpillar Inc. | Add +7.0% | 0.09% | +0.02 |
| AEP American Electric Power | Add +21.7% | 0.11% | +0.02 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 273 | $1.2B | JEPI, GPIX, VYM, IVV, JPIE |
| Q1 2026 | 257 | $1.1B | JEPI, GPIX, VYM, IVV, VIG |
| Q4 2025 | 248 | $1.0B | JEPI, GPIX, VYM, IVV, VIG |
| Q3 2025 | 244 | $1.0B | JEPI, GPIX, VYM, IVV, VIG |
| Q2 2025 | 239 | $931.2M | JEPI, GPIX, VYM, IVV, VIG |
| Q1 2025 | 229 | $856.8M | JEPI, VYM, GPIX, IVV, VIG |
| Q4 2024 | 233 | $880.3M | JEPI, VYM, IVV, GPIX, JAAA |
| Q3 2024 | 218 | $759.9M | JEPI, VYM, IVV, AAPL, GSLC |
| Q2 2024 | 212 | $711.0M | JEPI, IVV, VYM, AAPL, GSLC |
| Q1 2024 | 225 | $701.4M | JEPI, IVV, VYM, GSLC, IJR |