Cornerstone Advisory, LLC
In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 18, 2025), Cornerstone Advisory, LLC reported 233 stock positions worth $880.3 million. Its top holding was JPMorgan Equity Premium Inco (JEPI) at 12.4% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 5.0%) and iShares Core S&P 500 ETF (IVV, 4.6%). Compared with Q3 2024, it opened 27 new positions, sold out of 12, added to 134 and reduced 62. The biggest buy was GLDM SA S&P 500 PR in ETF-US (GPIX, shares +195%) and the biggest sale PIMCO Active Bond Exchange-T (BOND, shares −58%).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001668189
- Portfolio Value
- $880.3M (Q4 2024)
- SEC Filing
- 0001765380-25-000128 ↗ filed Feb 18, 2025
Holdings Value
Holdings 233 stocks · $880.3M
| JEPI JPMorgan Equity Premium Inco | 12.40% | 1,844,599 | $109.1M | Add +6.8% |
| VYM Vanguard High DVD Yield ETF | 4.98% | 327,913 | $43.9M | Add +6.9% |
| IVV iShares Core S&P 500 ETF | 4.57% | 65,700 | $40.3M | Reduce -1.8% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 3.97% | 691,834 | $35.0M | Add +195.2% |
| JAAA Janus Henderson Aaa Clo ETF | 3.23% | 558,528 | $28.4M | Add +159.0% |
| GSLC Goldman Activebeta US LC ETF | 3.20% | 234,592 | $28.1M | Reduce -2.6% |
| AAPL Apple Inc. | 3.19% | 114,918 | $28.1M | Reduce -8.8% |
| IJR iShares Core S&P Small-Cap E | 2.80% | 210,297 | $24.6M | Add +0.8% |
| VOOG Vanguard S&P 500 Growth ETF | 2.73% | 62,370 | $24.0M | Reduce -0.1% |
| JPIE JPMorgan Income ETF | 2.56% | 491,865 | $22.6M | Add +425.6% |
| VIG Vanguard Dividend Apprec ETF | 2.56% | 110,631 | $22.6M | Add +81.7% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.41% | 44,306 | $21.2M | Add +2.8% |
| TCAF T Rowe PRC Cap Appreciation | 2.19% | 561,204 | $19.2M | Reduce -5.6% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 2.13% | 321,533 | $18.7M | Add +12.7% |
| AMZN Amazon.com Inc. | 1.90% | 73,153 | $16.7M | Reduce -5.3% |
| VGT Vanguard Info Tech ETF | 1.85% | 25,461 | $16.3M | Reduce -3.4% |
| GOOGL Alphabet Inc. Class A | 1.53% | 72,776 | $13.5M | Reduce -11.6% |
| MSFT Microsoft Corp. | 1.50% | 32,300 | $13.2M | Reduce -2.1% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 1.41% | 44,961 | $12.4M | Add +39.6% |
| MQY BlackRock Muniyield Quality | 1.36% | 1,007,724 | $12.0M | Add +17.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.32% | 27,146 | $11.6M | Add +80.4% |
| PDI PIMCO Dynamic Income Fund | 1.28% | 578,611 | $11.3M | Add +6.7% |
| MOAT Vaneck Morningstar Wide Moat | 1.26% | 120,943 | $11.1M | Add +16.8% |
| META Meta Platforms Inc. Class A | 1.07% | 12,812 | $9.4M | Reduce -5.2% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 1.02% | 84,146 | $9.0M | Add +21.2% |
| VHT Vanguard Health Care ETF | 0.88% | 29,168 | $7.8M | Reduce -3.7% |
| IEFA iShares Core MSCI Eafe ETF | 0.88% | 101,449 | $7.7M | Add +0.9% |
| IWF iShares Russell 1000 Growth | 0.87% | 18,391 | $7.7M | Reduce -2.5% |
| NVDA Nvidia Corp. | 0.87% | 55,074 | $7.6M | Reduce -0.8% |
| IWM iShares Russell 2000 ETF | 0.85% | 33,055 | $7.5M | Add +3.4% |
| V Visa Inc. Class A | 0.79% | 19,725 | $7.0M | Reduce -1.7% |
| GOOG Alphabet Inc. Class C | 0.77% | 36,247 | $6.8M | Reduce -2.6% |
| SDY SS SPDR S&P Dividend ETF | 0.70% | 46,024 | $6.2M | Add +2.9% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.70% | 30,191 | $6.1M | Add +2.1% |
| XBMEX BlackRock Health Sciences | 0.70% | 152,301 | $6.1M | Add +13.3% |
| PDO PIMCO Dynamic Income Opport | 0.65% | 411,782 | $5.7M | Reduce -3.5% |
| PRF Invesco Rafi US 1000 ETF | 0.63% | 130,961 | $5.5M | Reduce -1.6% |
| NVG Nuveen Amt-FR Muni CRDT | 0.61% | 426,182 | $5.4M | Add +17.9% |
| MA Mastercard Inc. Class A | 0.58% | 9,090 | $5.1M | Reduce -2.3% |
| IUSG iShares Core S&P U.S. Growth | 0.58% | 35,089 | $5.1M | Add +0.3% |
| COR Cencora Inc. | 0.57% | 20,848 | $5.1M | Add +0.2% |
| QQQ Invesco QQQ Trust Series 1 | 0.54% | 8,818 | $4.7M | Reduce -0.4% |
| IWD iShares Russell 1000 Value E | 0.53% | 23,904 | $4.6M | Reduce -1.6% |
| BOND PIMCO Active Bond Exchange-T | 0.51% | 49,559 | $4.5M | Reduce -57.6% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.49% | 14,691 | $4.3M | Add +1.1% |
| NAD Nuveen Quality Municipal Inc. | 0.48% | 357,746 | $4.3M | Add +82.2% |
| TY Tri-Continental Corp. | 0.48% | 129,095 | $4.2M | New |
| XJPIX Nuveen Preferred Securities | 0.45% | 195,819 | $4.0M | Reduce -32.5% |
| JPM JPMorgan Chase & Co. | 0.41% | 12,966 | $3.6M | Add +3.3% |
| JPST JPMorgan Ultra-Short Income | 0.40% | 69,455 | $3.5M | Add +1.3% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.38% | 5,506 | $3.4M | Reduce -5.5% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.37% | 18,404 | $3.3M | Reduce -5.4% |
| ABBV Abbvie Inc. | 0.35% | 15,816 | $3.1M | Add +1.5% |
| OCSL Oaktree Specialty Lending Co. | 0.31% | 172,233 | $2.7M | Add +167.4% |
| JNJ Johnson & Johnson | 0.30% | 16,971 | $2.7M | Reduce -0.2% |
| COST Costco Wholesale Corp. | 0.30% | 2,430 | $2.6M | Add +4.9% |
| RSPH Invesco S&P 500 Equal Weight | 0.29% | 84,874 | $2.5M | Reduce -8.3% |
| XLK SS Technology Select Sector | 0.29% | 10,523 | $2.5M | Add +3.6% |
| XLI SS Industrial Select Sector | 0.28% | 17,845 | $2.5M | Add +0.0% |
| IWB iShares Russell 1000 ETF | 0.27% | 7,093 | $2.4M | Add +24.7% |
| ORCL Oracle Corp. | 0.26% | 12,968 | $2.3M | Add +34.1% |
| XOM Exxon Mobil Corp. | 0.25% | 20,295 | $2.2M | Reduce -3.3% |
| LLY Eli Lilly & Co. | 0.24% | 2,531 | $2.1M | Reduce -0.6% |
| PSF Cohen & Steers Select Prefer | 0.24% | 102,912 | $2.1M | Reduce -31.5% |
| SYK Stryker Corp. | 0.23% | 5,256 | $2.0M | Add +0.6% |
| PG The Procter & Gamble Co. | 0.23% | 12,352 | $2.0M | Reduce -1.6% |
| COWZ Pacer US Cash Cows 100 ETF | 0.22% | 33,293 | $1.9M | Reduce -53.4% |
| AVUV Avantis US Small Cap Value | 0.21% | 19,053 | $1.9M | Add +35.4% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.20% | 14,000 | $1.8M | No change |
| UNH Unitedhealth Group Inc. | 0.19% | 3,198 | $1.7M | Reduce -0.3% |
| PML PIMCO Municipal Income FD II | 0.18% | 187,727 | $1.6M | Add +10.1% |
| IBIT iShares Bitcoin Trust ETF | 0.18% | 27,999 | $1.5M | New |
| IVW iShares S&P 500 Growth ETF | 0.18% | 14,462 | $1.5M | Add +0.1% |
| IT Gartner Inc. | 0.16% | 2,803 | $1.4M | Add +0.8% |
| PANW Palo Alto Networks Inc. | 0.16% | 7,043 | $1.4M | Reduce -11.4% |
| WMT Walmart Inc. | 0.16% | 13,452 | $1.4M | Add +22.5% |
| HD Home Depot Inc. | 0.15% | 3,288 | $1.3M | Add +1.1% |
| IYH iShares U.S. Healthcare ETF | 0.15% | 21,325 | $1.3M | No change |
| IEMG iShares Core MSCI Emerging | 0.15% | 23,393 | $1.3M | Add +7.7% |
| ITA iShares U.S. Aerospace & Def | 0.14% | 8,200 | $1.3M | Add +17.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.14% | 4,595 | $1.3M | Add +24.3% |
| VTI VG Morningstar TS MKT ETF-US | 0.14% | 4,118 | $1.2M | Reduce -0.9% |
| AVGO Broadcom Inc. | 0.14% | 5,238 | $1.2M | Add +17.6% |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | 0.14% | 23,697 | $1.2M | Add +178.8% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 23,865 | $1.1M | Add +8.3% |
| MRK Merck & Co. Inc. | 0.12% | 13,125 | $1.1M | Add +2.7% |
| UNP Union Pacific Corp. | 0.12% | 4,245 | $1.1M | Reduce -2.5% |
| VEU Vanguard Ftse All-World Ex-U | 0.12% | 17,234 | $1.1M | Reduce -0.8% |
| RTX RTX Corp. | 0.12% | 8,378 | $1.0M | Add +11.2% |
| PM Philip Morris International | 0.11% | 6,501 | $978K | Reduce -1.1% |
| MCD McDonald's Corp. | 0.11% | 3,140 | $969K | Add +3.5% |
| APPN Appian Corp. Class A | 0.11% | 29,840 | $944K | Add +0.1% |
| QQQM Invesco Nasdaq 100 ETF | 0.10% | 4,168 | $924K | Reduce -10.5% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.10% | 3,523 | $920K | Add +10.3% |
| BN Brookfield Corp. | 0.10% | 14,830 | $903K | New |
| TFC Truist Financial Corp. | 0.10% | 19,030 | $891K | Reduce -3.9% |
| CEG Constellation Energy | 0.10% | 2,700 | $857K | Add +3.0% |
| PEP Pepsico Inc. | 0.10% | 5,966 | $855K | Add +2.0% |
| MAR Marriott International Class A | 0.10% | 2,995 | $849K | Add +4.3% |
| AMAT Applied Materials Inc. | 0.10% | 5,000 | $846K | Reduce -16.4% |
Portfolio Sells Q3 2024 → Q4 2024
| BOND PIMCO Active Bond Exchange-T | Reduce -57.6% | 0.51% | −0.94 |
| AAPL Apple Inc. | Reduce -8.8% | 3.19% | −0.67 |
| IVV iShares Core S&P 500 ETF | Reduce -1.8% | 4.57% | −0.51 |
| TCAF T Rowe PRC Cap Appreciation | Reduce -5.6% | 2.19% | −0.42 |
| GSLC Goldman Activebeta US LC ETF | Reduce -2.6% | 3.20% | −0.38 |
| MSFT Microsoft Corp. | Reduce -2.1% | 1.50% | −0.37 |
| XJPIX Nuveen Preferred Securities | Reduce -32.5% | 0.45% | −0.34 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -53.4% | 0.22% | −0.32 |
| GOOGL Alphabet Inc. Class A | Reduce -11.6% | 1.53% | −0.27 |
| VHT Vanguard Health Care ETF | Reduce -3.7% | 0.88% | −0.24 |
| PSF Cohen & Steers Select Prefer | Reduce -31.5% | 0.24% | −0.19 |
| VGT Vanguard Info Tech ETF | Reduce -3.4% | 1.85% | −0.18 |
| PDO PIMCO Dynamic Income Opport | Reduce -3.5% | 0.65% | −0.15 |
| VOOG Vanguard S&P 500 Growth ETF | Reduce -0.1% | 2.73% | −0.11 |
| TOTL SS Doubleline TR Tact ETF | Sold out | 0.00% | −0.11 |
| RSPH Invesco S&P 500 Equal Weight | Reduce -8.3% | 0.29% | −0.10 |
| PRF Invesco Rafi US 1000 ETF | Reduce -1.6% | 0.63% | −0.08 |
| VCSH Vanguard S/T Corp. Bond ETF | Sold out | 0.00% | −0.08 |
| IWD iShares Russell 1000 Value E | Reduce -1.6% | 0.53% | −0.08 |
| VTV Vanguard Mrngstr Val ETF-Aui | Reduce -5.4% | 0.37% | −0.08 |
| XOM Exxon Mobil Corp. | Reduce -3.3% | 0.25% | −0.07 |
| FPE FT-Preferred Secur & Inc. ETF | Sold out | 0.00% | −0.07 |
| AGG iShares Core U.S. Aggregate | Reduce -61.4% | 0.03% | −0.07 |
| XBI SS SPDR S&P Biotech ETF | Sold out | 0.00% | −0.07 |
| VGSH Vanguard Short-Term Treasury | Sold out | 0.00% | −0.06 |
| DHR Danaher Corp. | Reduce -13.0% | 0.08% | −0.06 |
| AMAT Applied Materials Inc. | Reduce -16.4% | 0.10% | −0.06 |
| IWF iShares Russell 1000 Growth | Reduce -2.5% | 0.87% | −0.06 |
| JNJ Johnson & Johnson | Reduce -0.2% | 0.30% | −0.06 |
| SPY SS SPDR S&P 500 ETF Trust-US | Reduce -5.5% | 0.38% | −0.06 |
| PG The Procter & Gamble Co. | Reduce -1.6% | 0.23% | −0.06 |
| UNH Unitedhealth Group Inc. | Reduce -0.3% | 0.19% | −0.06 |
| LLY Eli Lilly & Co. | Reduce -0.6% | 0.24% | −0.05 |
| LIN Linde PLC | Sold out | 0.00% | −0.05 |
| LMT Lockheed Martin Corp. | Reduce -7.3% | 0.07% | −0.05 |
| GOOG Alphabet Inc. Class C | Reduce -2.6% | 0.77% | −0.05 |
| VWO Vanguard Ftse Emerging Marke | Sold out | 0.00% | −0.04 |
| TDVG T Rowe Price Dividend Growth | Reduce -32.5% | 0.05% | −0.04 |
| STZ Constellation Brands Inc. Class A | Sold out | 0.00% | −0.03 |
| VEA Vanguard Ftse Developed ETF | Sold out | 0.00% | −0.03 |
| ADM Archer-Daniels-Midland Co. | Sold out | 0.00% | −0.03 |
| QQQ Invesco QQQ Trust Series 1 | Reduce -0.4% | 0.54% | −0.03 |
| TT Trane Technologies PLC | Reduce -5.3% | 0.09% | −0.03 |
| EIPI FT Energy Income ETF | Sold out | 0.00% | −0.03 |
| PFE Pfizer Inc. | Reduce -22.3% | 0.04% | −0.03 |
| DUK Duke Energy Corp. | Reduce -9.9% | 0.08% | −0.03 |
| VEU Vanguard Ftse All-World Ex-U | Reduce -0.8% | 0.12% | −0.02 |
| MA Mastercard Inc. Class A | Reduce -2.3% | 0.58% | −0.02 |
| UNP Union Pacific Corp. | Reduce -2.5% | 0.12% | −0.02 |
| PANW Palo Alto Networks Inc. | Reduce -11.4% | 0.16% | −0.02 |
Portfolio Buys Q3 2024 → Q4 2024
| GPIX GLDM SA S&P 500 PR in ETF-US | Add +195.2% | 3.97% | +2.46 |
| JPIE JPMorgan Income ETF | Add +425.6% | 2.56% | +1.99 |
| JAAA Janus Henderson Aaa Clo ETF | Add +159.0% | 3.23% | +1.78 |
| VIG Vanguard Dividend Apprec ETF | Add +81.7% | 2.56% | +0.98 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +80.4% | 1.32% | +0.56 |
| TY Tri-Continental Corp. | New | 0.48% | +0.48 |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | Add +39.6% | 1.41% | +0.29 |
| IBIT iShares Bitcoin Trust ETF | New | 0.18% | +0.18 |
| OCSL Oaktree Specialty Lending Co. | Add +167.4% | 0.31% | +0.17 |
| NAD Nuveen Quality Municipal Inc. | Add +82.2% | 0.48% | +0.16 |
| BN Brookfield Corp. | New | 0.10% | +0.10 |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | Add +178.8% | 0.14% | +0.08 |
| BRK.A Berkshire Hathaway Inc. Class A | New | 0.08% | +0.08 |
| GSBD Goldman Sachs BDC Inc. | New | 0.08% | +0.08 |
| JEPQ JPM Nasdaq Equity Premium | Add +12.7% | 2.13% | +0.07 |
| JPM JPMorgan Chase & Co. | Add +3.3% | 0.41% | +0.06 |
| BLK BlackRock Inc. | New | 0.04% | +0.04 |
| WMT Walmart Inc. | Add +22.5% | 0.16% | +0.04 |
| ORCL Oracle Corp. | Add +34.1% | 0.26% | +0.04 |
| SRLN SS Blackstone Sr Loan ETF | Add +167.5% | 0.07% | +0.04 |
| AVGO Broadcom Inc. | Add +17.6% | 0.14% | +0.04 |
| IWB iShares Russell 1000 ETF | Add +24.7% | 0.27% | +0.04 |
| TCHP T Rowe Price Blue Chip Growt | New | 0.03% | +0.03 |
| AVUV Avantis US Small Cap Value | Add +35.4% | 0.21% | +0.03 |
| GLD SPDR Gold Shares | New | 0.03% | +0.03 |
| MRVL Marvell Technology Inc. | New | 0.03% | +0.03 |
| JCI Johnson Controls Internation | New | 0.03% | +0.03 |
| CRWD CrowdStrike Holdings Inc. Class A | Add +11.8% | 0.08% | +0.03 |
| MAA Mid-America Apartment Comm | New | 0.03% | +0.03 |
| TROW T Rowe Price Group Inc. | Add +21.2% | 1.02% | +0.03 |
| AI C3.AI Inc. Class A | New | 0.03% | +0.03 |
| AXP American Express Co. | New | 0.03% | +0.03 |
| UTF Cohen & Steers Infrastructur | New | 0.03% | +0.03 |
| SMH Vaneck Semiconductor ETF | Add +123.7% | 0.06% | +0.03 |
| VOO Vanguard S&P 500 ETF | New | 0.03% | +0.03 |
| SCHW Schwab (charles) Corp. | New | 0.03% | +0.03 |
| EPD Enterprise Products Partners | Add +43.1% | 0.09% | +0.03 |
| PODD Insulet Corp. | New | 0.03% | +0.03 |
| TSLA Tesla Inc. | Add +28.0% | 0.08% | +0.03 |
| ET Energy Transfer LP | Add +45.4% | 0.07% | +0.03 |
| ACWI iShares MSCI Acwi ETF | New | 0.03% | +0.03 |
| FTNT Fortinet Inc. | New | 0.03% | +0.03 |
| COST Costco Wholesale Corp. | Add +4.9% | 0.30% | +0.03 |
| TMUS T-Mobile US Inc. | New | 0.03% | +0.03 |
| NOW ServiceNow Inc. | New | 0.03% | +0.03 |
| PEG Public Service Enterprise GP | New | 0.02% | +0.02 |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | Add +24.3% | 0.14% | +0.02 |
| RSP Invesco S&P 500 Equal Weight | New | 0.02% | +0.02 |
| ESGV Vanguard ESG US Stock ETF | New | 0.02% | +0.02 |
| PYPL PayPal Holdings Inc. | New | 0.02% | +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 |