Cornerstone Advisory, LLC
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 14, 2024), Cornerstone Advisory, LLC reported 212 stock positions worth $711.0 million. Its top holding was JPMorgan Equity Premium Inco (JEPI) at 13.7% of the portfolio, followed by iShares Core S&P 500 ETF (IVV, 5.1%) and Vanguard High DVD Yield ETF (VYM, 4.9%). Compared with Q1 2024, it opened 9 new positions, sold out of 22, added to 73 and reduced 116. The biggest buy was Vanguard S&P 500 Growth ETF (VOOG, shares +64%) and the biggest sale Cohen & Steers Infrastructur (UTF, shares −85%).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001668189
- Portfolio Value
- $711.0M (Q2 2024)
- SEC Filing
- 0001765380-24-000350 ↗ filed Aug 14, 2024
Holdings Value
Holdings 212 stocks · $711.0M
| JEPI JPMorgan Equity Premium Inco | 13.71% | 1,719,378 | $97.5M | Add +0.2% |
| IVV iShares Core S&P 500 ETF | 5.14% | 66,729 | $36.5M | Add +0.7% |
| VYM Vanguard High DVD Yield ETF | 4.86% | 291,370 | $34.6M | Add +3.2% |
| AAPL Apple Inc. | 3.75% | 126,737 | $26.7M | Add +1.6% |
| GSLC Goldman Activebeta US LC ETF | 3.56% | 236,513 | $25.3M | Add +2.2% |
| IJR iShares Core S&P Small-Cap E | 3.02% | 201,302 | $21.5M | Reduce -0.0% |
| VOOG Vanguard S&P 500 Growth ETF | 2.78% | 59,351 | $19.8M | Add +63.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.46% | 42,931 | $17.5M | Reduce -1.7% |
| TCAF T Rowe PRC Cap Appreciation | 2.24% | 506,230 | $15.9M | Add +9.1% |
| GOOGL Alphabet Inc. Class A | 2.16% | 84,490 | $15.4M | Reduce -3.8% |
| VGT Vanguard Info Tech ETF | 2.14% | 26,367 | $15.2M | Add +1.3% |
| AMZN Amazon.com Inc. | 2.08% | 76,378 | $14.8M | Reduce -3.8% |
| MSFT Microsoft Corp. | 2.03% | 32,247 | $14.4M | Reduce -6.7% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 1.94% | 248,926 | $13.8M | Add +6.9% |
| JAAA Janus Henderson Aaa Clo ETF | 1.75% | 245,070 | $12.5M | Add +3.9% |
| PDI PIMCO Dynamic Income Fund | 1.55% | 584,238 | $11.0M | Reduce -7.0% |
| MQY BlackRock Muniyield Quality | 1.52% | 878,928 | $10.8M | Reduce -1.5% |
| BOND PIMCO Active Bond Exchange-T | 1.47% | 115,017 | $10.5M | Add +16.0% |
| VIG Vanguard Dividend Apprec ETF | 1.47% | 57,112 | $10.4M | Add +0.1% |
| XJPIX Nuveen Preferred Securities | 1.42% | 517,686 | $10.1M | Reduce -10.5% |
| MOAT Vaneck Morningstar Wide Moat | 1.35% | 110,967 | $9.6M | Reduce -5.4% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 1.21% | 180,484 | $8.6M | Add +60.7% |
| VHT Vanguard Health Care ETF | 1.15% | 30,642 | $8.2M | Reduce -0.8% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.13% | 69,403 | $8.0M | Reduce -0.0% |
| GOOG Alphabet Inc. Class C | 1.07% | 41,665 | $7.6M | Reduce -5.3% |
| IEFA iShares Core MSCI Eafe ETF | 1.01% | 98,908 | $7.2M | Add +1.9% |
| IWF iShares Russell 1000 Growth | 0.99% | 19,216 | $7.0M | Reduce -0.3% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 0.98% | 28,889 | $7.0M | Add +11.9% |
| META Meta Platforms Inc. Class A | 0.95% | 13,422 | $6.8M | Add +1.1% |
| IWM iShares Russell 2000 ETF | 0.91% | 31,802 | $6.5M | Add +0.8% |
| NVDA Nvidia Corp. | 0.91% | 52,108 | $6.4M | Add +45.1% |
| PDO PIMCO Dynamic Income Opport | 0.82% | 437,883 | $5.8M | Reduce -1.5% |
| SDY SS SPDR S&P Dividend ETF | 0.79% | 44,410 | $5.6M | Reduce -0.6% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.79% | 30,878 | $5.6M | Add +0.7% |
| XBMEX BlackRock Health Sciences | 0.78% | 136,294 | $5.6M | Reduce -2.0% |
| PRF Invesco Rafi US 1000 ETF | 0.71% | 133,288 | $5.1M | Reduce -0.4% |
| V Visa Inc. Class A | 0.69% | 18,804 | $4.9M | Add +4.1% |
| JPST JPMorgan Ultra-Short Income | 0.69% | 97,166 | $4.9M | Reduce -16.5% |
| COR Cencora Inc. | 0.66% | 20,807 | $4.7M | Reduce -0.0% |
| NVG Nuveen Amt-FR Muni CRDT | 0.63% | 361,426 | $4.5M | Reduce -8.8% |
| IUSG iShares Core S&P U.S. Growth | 0.61% | 34,157 | $4.4M | Add +4.2% |
| COWZ Pacer US Cash Cows 100 ETF | 0.58% | 75,457 | $4.1M | Add +0.6% |
| QQQ Invesco QQQ Trust Series 1 | 0.57% | 8,521 | $4.1M | Add +2.7% |
| IWD iShares Russell 1000 Value E | 0.57% | 23,354 | $4.1M | Reduce -4.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.56% | 7,252 | $3.9M | Add +43.0% |
| MA Mastercard Inc. Class A | 0.55% | 8,930 | $3.9M | Add +2.7% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.52% | 14,703 | $3.7M | Reduce -0.9% |
| PSF Cohen & Steers Select Prefer | 0.45% | 161,444 | $3.2M | Reduce -1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 0.44% | 8,371 | $3.1M | Add +36.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.44% | 19,347 | $3.1M | Reduce -1.3% |
| RSPH Invesco S&P 500 Equal Weight | 0.41% | 96,720 | $2.9M | Add +1.7% |
| ABBV Abbvie Inc. | 0.39% | 15,987 | $2.7M | Reduce -24.3% |
| JPM JPMorgan Chase & Co. | 0.35% | 12,402 | $2.5M | Reduce -7.6% |
| JNJ Johnson & Johnson | 0.35% | 17,129 | $2.5M | Reduce -4.3% |
| NAD Nuveen Quality Municipal Inc. | 0.32% | 195,803 | $2.3M | Reduce -12.3% |
| LLY Eli Lilly & Co. | 0.32% | 2,531 | $2.3M | Add +3.9% |
| XOM Exxon Mobil Corp. | 0.32% | 19,847 | $2.3M | Reduce -5.3% |
| XLK SS Technology Select Sector | 0.32% | 10,011 | $2.3M | Add +0.5% |
| XLI SS Industrial Select Sector | 0.30% | 17,743 | $2.2M | Add +2.6% |
| PG The Procter & Gamble Co. | 0.29% | 12,369 | $2.0M | Add +1.2% |
| COST Costco Wholesale Corp. | 0.26% | 2,176 | $1.8M | Add +1.7% |
| SYK Stryker Corp. | 0.25% | 5,222 | $1.8M | Add +0.7% |
| UNH Unitedhealth Group Inc. | 0.24% | 3,413 | $1.7M | Reduce -9.6% |
| IWB iShares Russell 1000 ETF | 0.24% | 5,680 | $1.7M | Add +1.2% |
| PM Philip Morris International | 0.23% | 16,188 | $1.6M | Add +169.8% |
| MRK Merck & Co. Inc. | 0.23% | 12,964 | $1.6M | Reduce -4.7% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.22% | 14,000 | $1.6M | No change |
| PML PIMCO Municipal Income FD II | 0.20% | 170,430 | $1.5M | Add +6.4% |
| AMAT Applied Materials Inc. | 0.20% | 5,954 | $1.4M | Reduce -3.6% |
| ORCL Oracle Corp. | 0.20% | 9,931 | $1.4M | Add +3.9% |
| PANW Palo Alto Networks Inc. | 0.20% | 4,091 | $1.4M | Add +24.0% |
| IVW iShares S&P 500 Growth ETF | 0.19% | 14,509 | $1.3M | Add +0.0% |
| OCSL Oaktree Specialty Lending Co. | 0.18% | 65,442 | $1.3M | Reduce -4.2% |
| IT Gartner Inc. | 0.17% | 2,766 | $1.2M | Reduce -4.4% |
| VTI VG Morningstar TS MKT ETF-US | 0.16% | 4,297 | $1.1M | Reduce -3.4% |
| IEMG iShares Core MSCI Emerging | 0.16% | 21,337 | $1.1M | Add +11.7% |
| HD Home Depot Inc. | 0.15% | 3,112 | $1.1M | Reduce -15.1% |
| DHR Danaher Corp. | 0.14% | 3,980 | $994K | Reduce -0.1% |
| UNP Union Pacific Corp. | 0.14% | 4,323 | $978K | Reduce -0.5% |
| PEP Pepsico Inc. | 0.14% | 5,912 | $975K | Reduce -1.6% |
| VEU Vanguard Ftse All-World Ex-U | 0.14% | 16,399 | $962K | Add +3.3% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 24,082 | $958K | Add +0.1% |
| ITA iShares U.S. Aerospace & Def | 0.13% | 7,000 | $924K | Reduce -11.7% |
| APPN Appian Corp. Class A | 0.13% | 29,807 | $920K | Reduce -5.9% |
| TOTL SS Doubleline TR Tact ETF | 0.13% | 22,842 | $907K | Reduce -6.5% |
| XLU St Sr Utl SL SE SPDR ETF-Usd | 0.12% | 13,000 | $886K | Reduce -42.8% |
| TFC Truist Financial Corp. | 0.11% | 20,354 | $791K | Add +3.6% |
| AMGN Amgen Inc. | 0.11% | 2,476 | $773K | Add +0.3% |
| QQQM Invesco Nasdaq 100 ETF | 0.11% | 3,911 | $771K | Add +22.8% |
| NOBL Proshares S&P 500 Dividend A | 0.11% | 8,000 | $769K | Reduce -0.3% |
| AMD Advanced Micro Devices | 0.11% | 4,654 | $755K | Add +3.1% |
| RTX RTX Corp. | 0.11% | 7,515 | $754K | Reduce -3.0% |
| MCD McDonald's Corp. | 0.11% | 2,933 | $747K | Reduce -7.7% |
| TT Trane Technologies PLC | 0.10% | 2,258 | $743K | Reduce -0.5% |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.10% | 7,455 | $740K | Reduce -24.7% |
| HON Honeywell International Inc. | 0.10% | 3,465 | $740K | Reduce -5.8% |
| KYN Kayne Anderson Energy Infra | 0.10% | 71,270 | $736K | Reduce -36.3% |
| WMT Walmart Inc. | 0.10% | 10,831 | $733K | Reduce -14.0% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.10% | 3,188 | $732K | Add +12.3% |
| LMT Lockheed Martin Corp. | 0.10% | 1,516 | $708K | Reduce -24.2% |
Portfolio Sells Q1 2024 → Q2 2024
| UTF Cohen & Steers Infrastructur | Reduce -85.4% | 0.07% | −0.43 |
| PDI PIMCO Dynamic Income Fund | Reduce -7.0% | 1.55% | −0.18 |
| XJPIX Nuveen Preferred Securities | Reduce -10.5% | 1.42% | −0.17 |
| ABBV Abbvie Inc. | Reduce -24.3% | 0.39% | −0.16 |
| BRK.B Berkshire Hathaway Inc. Class B | Reduce -1.7% | 2.46% | −0.16 |
| IJR iShares Core S&P Small-Cap E | Reduce -0.0% | 3.02% | −0.15 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -5.4% | 1.35% | −0.15 |
| JPST JPMorgan Ultra-Short Income | Reduce -16.5% | 0.69% | −0.15 |
| VLO Valero Energy Corp. | Sold out | 0.00% | −0.14 |
| CMG Chipotle Mexican Grill Inc. | Sold out | 0.00% | −0.09 |
| ET Energy Transfer LP | Reduce -64.4% | 0.05% | −0.09 |
| XLU St Sr Utl SL SE SPDR ETF-Usd | Reduce -42.8% | 0.12% | −0.09 |
| TROW T Rowe Price Group Inc. | Reduce -0.0% | 1.13% | −0.08 |
| CCI Crown Castle Inc. | Reduce -57.9% | 0.05% | −0.08 |
| SCHW Schwab (charles) Corp. | Sold out | 0.00% | −0.07 |
| DIS The Walt Disney Co. | Reduce -24.7% | 0.10% | −0.07 |
| NTG Tortoise Midstream Energy | Reduce -67.9% | 0.04% | −0.07 |
| COR Cencora Inc. | Reduce -0.0% | 0.66% | −0.06 |
| STZ Constellation Brands Inc. Class A | Reduce -59.4% | 0.04% | −0.06 |
| UPS United Parcel Service Class B | Sold out | 0.00% | −0.06 |
| SNOW Snowflake Inc. | Sold out | 0.00% | −0.06 |
| BTI British American Tob-SP ADR | Sold out | 0.00% | −0.06 |
| KYN Kayne Anderson Energy Infra | Reduce -36.3% | 0.10% | −0.06 |
| VZ Verizon Communications Inc. | Reduce -46.9% | 0.06% | −0.06 |
| IWD iShares Russell 1000 Value E | Reduce -4.9% | 0.57% | −0.05 |
| GLD SPDR Gold Shares | Sold out | 0.00% | −0.05 |
| NVG Nuveen Amt-FR Muni CRDT | Reduce -8.8% | 0.63% | −0.05 |
| CVX Chevron Corp. | Reduce -35.7% | 0.09% | −0.05 |
| JNJ Johnson & Johnson | Reduce -4.3% | 0.35% | −0.05 |
| APPN Appian Corp. Class A | Reduce -5.9% | 0.13% | −0.05 |
| HD Home Depot Inc. | Reduce -15.1% | 0.15% | −0.05 |
| CEG Constellation Energy | Reduce -42.0% | 0.08% | −0.05 |
| TRGP Targa Resources Corp. | Sold out | 0.00% | −0.05 |
| T AT&T Inc. | Sold out | 0.00% | −0.05 |
| MRVL Marvell Technology Inc. | Sold out | 0.00% | −0.05 |
| MSFT Microsoft Corp. | Reduce -6.7% | 2.03% | −0.05 |
| VHT Vanguard Health Care ETF | Reduce -0.8% | 1.15% | −0.04 |
| DIVO Amplify CWP Enhan Divid ETF | Sold out | 0.00% | −0.04 |
| PRU Prudential Financial Inc. | Sold out | 0.00% | −0.04 |
| CVS CVS Health Corp. | Sold out | 0.00% | −0.04 |
| NAD Nuveen Quality Municipal Inc. | Reduce -12.3% | 0.32% | −0.04 |
| SDY SS SPDR S&P Dividend ETF | Reduce -0.6% | 0.79% | −0.04 |
| BMY Bristol-Myers Squibb Co. | Reduce -29.6% | 0.05% | −0.04 |
| MQY BlackRock Muniyield Quality | Reduce -1.5% | 1.52% | −0.04 |
| AVGO Broadcom Inc. | Reduce -40.3% | 0.10% | −0.04 |
| XBMEX BlackRock Health Sciences | Reduce -2.0% | 0.78% | −0.04 |
| MDT Medtronic PLC | Reduce -40.3% | 0.04% | −0.04 |
| CRM Salesforce Inc. | Sold out | 0.00% | −0.04 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -0.9% | 0.52% | −0.03 |
| ZTS Zoetis Inc. | Sold out | 0.00% | −0.03 |
Portfolio Buys Q1 2024 → Q2 2024
| VOOG Vanguard S&P 500 Growth ETF | Add +63.7% | 2.78% | +1.21 |
| AAPL Apple Inc. | Add +1.6% | 3.75% | +0.70 |
| GPIX GLDM SA S&P 500 PR in ETF-US | Add +60.7% | 1.21% | +0.45 |
| NVDA Nvidia Corp. | Add +45.1% | 0.91% | +0.44 |
| TCAF T Rowe PRC Cap Appreciation | Add +9.1% | 2.24% | +0.24 |
| VGT Vanguard Info Tech ETF | Add +1.3% | 2.14% | +0.19 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +43.0% | 0.56% | +0.18 |
| BOND PIMCO Active Bond Exchange-T | Add +16.0% | 1.47% | +0.17 |
| IVV iShares Core S&P 500 ETF | Add +0.7% | 5.14% | +0.17 |
| PM Philip Morris International | Add +169.8% | 0.23% | +0.15 |
| JEPQ JPM Nasdaq Equity Premium | Add +6.9% | 1.94% | +0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +36.5% | 0.44% | +0.14 |
| GSLC Goldman Activebeta US LC ETF | Add +2.2% | 3.56% | +0.13 |
| AVUV Avantis US Small Cap Value | New | 0.10% | +0.10 |
| SHEN Shenandoah Telecommunication | New | 0.09% | +0.09 |
| IUSG iShares Core S&P U.S. Growth | Add +4.2% | 0.61% | +0.06 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +11.9% | 0.98% | +0.06 |
| PANW Palo Alto Networks Inc. | Add +24.0% | 0.20% | +0.06 |
| LLY Eli Lilly & Co. | Add +3.9% | 0.32% | +0.05 |
| LIN Linde PLC | New | 0.05% | +0.05 |
| QQQ Invesco QQQ Trust Series 1 | Add +2.7% | 0.57% | +0.05 |
| JAAA Janus Henderson Aaa Clo ETF | Add +3.9% | 1.75% | +0.05 |
| COST Costco Wholesale Corp. | Add +1.7% | 0.26% | +0.04 |
| SMH Vaneck Semiconductor ETF | New | 0.03% | +0.03 |
| META Meta Platforms Inc. Class A | Add +1.1% | 0.95% | +0.03 |
| KMB Kimberly-Clark Corp. | New | 0.03% | +0.03 |
| KLAC KLA Corp. | New | 0.03% | +0.03 |
| ILCG iShares Morningstar Growth E | New | 0.03% | +0.03 |
| EIPI FT Energy Income ETF | New | 0.03% | +0.03 |
| ORCL Oracle Corp. | Add +3.9% | 0.20% | +0.03 |
| QQQM Invesco Nasdaq 100 ETF | Add +22.8% | 0.11% | +0.03 |
| XLK SS Technology Select Sector | Add +0.5% | 0.32% | +0.02 |
| IEMG iShares Core MSCI Emerging | Add +11.7% | 0.16% | +0.02 |
| JPIE JPMorgan Income ETF | Add +42.1% | 0.05% | +0.01 |
| IVW iShares S&P 500 Growth ETF | Add +0.0% | 0.19% | +0.01 |
| AGG iShares Core U.S. Aggregate | Add +18.1% | 0.10% | +0.01 |
| PML PIMCO Municipal Income FD II | Add +6.4% | 0.20% | +0.01 |
| AMGN Amgen Inc. | Add +0.3% | 0.11% | +0.01 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +12.3% | 0.10% | +0.01 |
| IWB iShares Russell 1000 ETF | Add +1.2% | 0.24% | +0.01 |
| ADBE Adobe Inc. | Add +6.5% | 0.05% | +0.01 |
| TXN Texas Instruments Inc. | Add +0.8% | 0.06% | +0.01 |
| GLW Corning Inc. | Add +0.2% | 0.04% | +0.01 |
| AVB Avalonbay Communities Inc. | Add +1.0% | 0.05% | +0.01 |
| APD Air Products & Chemicals Inc. | Add +5.6% | 0.05% | +0.00 |
| BAC Bank of America Corp. | Add +0.1% | 0.13% | +0.00 |
| VISN Vistance Networks Inc. | New | 0.00% | +0.00 |
| PG The Procter & Gamble Co. | Add +1.2% | 0.29% | +0.00 |
| MCO Moody's Corp. | Add +0.4% | 0.07% | +0.00 |
| COP Conocophillips | Add +23.9% | 0.04% | +0.00 |
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 |