Cornerstone Advisory, LLC

Name: Cornerstone Advisory, LLC 13F holdings, Q1 2025
Creator: Cornerstone Advisory, LLC
Published: 2025-05-07

Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q4 2024Q3 2024Q2 2024Q1 2024

In its 13F for Q1 2025 (holdings as of March 31, 2025, filed May 7, 2025), Cornerstone Advisory, LLC reported 229 stock positions worth $856.8 million. Its top holding was JPMorgan Equity Premium Inco (JEPI) at 12.5% of the portfolio, followed by Vanguard High DVD Yield ETF (VYM, 4.8%) and GLDM SA S&P 500 PR in ETF-US (GPIX, 4.7%). Compared with Q4 2024, it opened 11 new positions, sold out of 15, added to 125 and reduced 83. The biggest buy was GLDM SA S&P 500 PR in ETF-US (GPIX, shares +27%) and the biggest sale Apple (AAPL, shares −1%).

Most Recent 13F: Q2 2026
Location: HUNT VALLEY, MD
CIK: 0001668189
Portfolio Value: $856.8M (Q1 2025)
SEC Filing: 0001765380-25-000178 ↗ filed May 7, 2025

Holdings Value

Holdings 229 stocks · $856.8M


JEPI JPMorgan Equity Premium Inco	12.45%	1,926,444	$106.7M	Add +4.4%
VYM Vanguard High DVD Yield ETF	4.80%	330,268	$41.1M	Add +0.7%
GPIX GLDM SA S&P 500 PR in ETF-US	4.72%	881,269	$40.5M	Add +27.4%
IVV iShares Core S&P 500 ETF	4.38%	66,786	$37.5M	Add +1.6%
VIG Vanguard Dividend Apprec ETF	3.29%	147,852	$28.2M	Add +33.6%
GSLC Goldman Activebeta US LC ETF	2.94%	228,701	$25.2M	Reduce -2.5%
JAAA Janus Henderson Aaa Clo ETF	2.93%	498,355	$25.1M	Reduce -10.8%
JPIE JPMorgan Income ETF	2.89%	540,923	$24.7M	Add +10.0%
AAPL Apple Inc.	2.65%	114,179	$22.7M	Reduce -0.6%
BRK.B Berkshire Hathaway Inc. Class B	2.65%	44,236	$22.7M	Reduce -0.2%
VOOG Vanguard S&P 500 Growth ETF	2.50%	61,720	$21.4M	Reduce -1.0%
IJR iShares Core S&P Small-Cap E	2.26%	190,235	$19.3M	Reduce -9.5%
JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F	2.11%	352,442	$18.1M	Add +9.6%
TCAF T Rowe PRC Cap Appreciation	2.05%	547,121	$17.5M	Reduce -2.5%
VO Vngrd Mrngstr MD-Cap ETF-Usd	1.80%	59,417	$15.4M	Add +32.1%
VGT Vanguard Info Tech ETF	1.70%	26,129	$14.6M	Add +2.6%
MSFT Microsoft Corp.	1.58%	31,331	$13.6M	Reduce -3.0%
AMZN Amazon.com Inc.	1.57%	72,496	$13.4M	Reduce -0.9%
PDI PIMCO Dynamic Income Fund	1.48%	675,956	$12.7M	Add +16.8%
VUG Vanguard Mrngstar GR ETF-Sui	1.45%	32,469	$12.5M	Add +19.6%
MQY BlackRock Muniyield Quality	1.41%	1,076,867	$12.1M	Add +6.9%
GOOGL Alphabet Inc. Class A	1.39%	73,006	$11.9M	Add +0.3%
IEFA iShares Core MSCI Eafe ETF	1.04%	111,447	$8.9M	Add +9.9%
JPST JPMorgan Ultra-Short Income	0.99%	168,819	$8.5M	Add +143.1%
NVDA Nvidia Corp.	0.97%	73,559	$8.4M	Add +33.6%
MOAT Vaneck Morningstar Wide Moat	0.96%	95,543	$8.2M	Reduce -21.0%
NAD Nuveen Quality Municipal Inc.	0.91%	685,634	$7.8M	Add +91.7%
META Meta Platforms Inc. Class A	0.89%	13,052	$7.7M	Add +1.9%
TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC	0.88%	83,978	$7.6M	Reduce -0.2%
V Visa Inc. Class A	0.80%	19,826	$6.9M	Add +0.5%
IWF iShares Russell 1000 Growth	0.80%	18,511	$6.9M	Add +0.7%
COR Cencora Inc.	0.78%	22,897	$6.7M	Add +9.8%
VHT Vanguard Health Care ETF	0.75%	26,158	$6.4M	Reduce -10.3%
SDY SS SPDR S&P Dividend ETF	0.71%	46,275	$6.1M	Add +0.6%
IWM iShares Russell 2000 ETF	0.70%	30,581	$6.0M	Reduce -7.5%
GOOG Alphabet Inc. Class C	0.70%	36,171	$6.0M	Reduce -0.2%
NVG Nuveen Amt-FR Muni CRDT	0.68%	482,157	$5.8M	Add +13.1%
XBMEX BlackRock Health Sciences	0.64%	150,539	$5.5M	Reduce -1.2%
PDO PIMCO Dynamic Income Opport	0.64%	407,002	$5.5M	Reduce -1.2%
PRF Invesco Rafi US 1000 ETF	0.60%	130,939	$5.2M	Reduce -0.0%
MA Mastercard Inc. Class A	0.60%	9,145	$5.1M	Add +0.6%
VBR Vngrd Mrngst SL-CP Val ETF-U	0.60%	28,074	$5.1M	Reduce -7.0%
QQQ Invesco QQQ Trust Series 1	0.55%	9,711	$4.7M	Add +10.1%
IUSG iShares Core S&P U.S. Growth	0.53%	34,737	$4.6M	Reduce -1.0%
BOND PIMCO Active Bond Exchange-T	0.53%	50,328	$4.6M	Add +1.6%
IWD iShares Russell 1000 Value E	0.52%	24,195	$4.4M	Add +1.2%
XCHYX Calamos Convert & High Inc.	0.50%	424,741	$4.3M	New
TY Tri-Continental Corp.	0.46%	132,096	$4.0M	Add +2.3%
VBK Van Morst SML-Cap Gro-Usd Inc.	0.42%	14,094	$3.6M	Reduce -4.1%
JPM JPMorgan Chase & Co.	0.38%	13,082	$3.3M	Add +0.9%
VTV Vanguard Mrngstr Val ETF-Aui	0.38%	19,384	$3.2M	Add +5.3%
SPY SS SPDR S&P 500 ETF Trust-US	0.37%	5,653	$3.2M	Add +2.7%
ABBV Abbvie Inc.	0.34%	15,606	$2.9M	Reduce -1.3%
JNJ Johnson & Johnson	0.31%	17,280	$2.7M	Add +1.8%
IWB iShares Russell 1000 ETF	0.30%	8,261	$2.5M	Add +16.5%
VYMI Vanguard Int High DVD YLD Inc.	0.28%	31,571	$2.4M	Add +499.1%
COST Costco Wholesale Corp.	0.28%	2,371	$2.4M	Reduce -2.4%
XLI SS Industrial Select Sector	0.28%	17,897	$2.4M	Add +0.3%
XLK SS Technology Select Sector	0.27%	10,629	$2.3M	Add +1.0%
RSPH Invesco S&P 500 Equal Weight	0.26%	79,708	$2.2M	Reduce -6.1%
XJPIX Nuveen Preferred Securities	0.25%	104,142	$2.1M	Reduce -46.8%
XOM Exxon Mobil Corp.	0.24%	19,595	$2.1M	Reduce -3.5%
PG The Procter & Gamble Co.	0.24%	12,797	$2.0M	Add +3.6%
LLY Eli Lilly & Co.	0.23%	2,576	$2.0M	Add +1.8%
SYK Stryker Corp.	0.23%	5,190	$2.0M	Reduce -1.3%
ORCL Oracle Corp.	0.23%	13,072	$1.9M	Add +0.8%
PML PIMCO Municipal Income FD II	0.20%	225,186	$1.7M	Add +19.9%
IJJ iShares S&P Mid-Cap 400 Valu	0.19%	14,000	$1.6M	No change
ET Energy Transfer LP	0.19%	101,756	$1.6M	Add +215.8%
IBIT iShares Bitcoin Trust ETF	0.18%	29,211	$1.6M	Add +4.3%
WMT Walmart Inc.	0.17%	14,486	$1.4M	Add +7.7%
AVGO Broadcom Inc.	0.16%	6,992	$1.4M	Add +33.5%
IVW iShares S&P 500 Growth ETF	0.16%	14,328	$1.4M	Reduce -0.9%
VEU Vanguard Ftse All-World Ex-U	0.16%	21,213	$1.3M	Add +23.1%
PANW Palo Alto Networks Inc.	0.16%	7,066	$1.3M	Add +0.3%
ITA iShares U.S. Aerospace & Def	0.15%	8,200	$1.3M	No change
IEMG iShares Core MSCI Emerging	0.15%	23,474	$1.3M	Add +0.3%
UNH Unitedhealth Group Inc.	0.15%	3,296	$1.3M	Add +3.1%
VOT Vngrd Mrngstr MC GRW ETF-Usd	0.14%	4,880	$1.2M	Add +6.2%
HD Home Depot Inc.	0.14%	3,358	$1.2M	Add +2.1%
IT Gartner Inc.	0.14%	2,778	$1.2M	Reduce -0.9%
IYH iShares U.S. Healthcare ETF	0.14%	21,325	$1.2M	No change
BN Brookfield Corp.	0.14%	21,905	$1.2M	Add +47.7%
OCSL Oaktree Specialty Lending Co.	0.14%	87,613	$1.2M	Reduce -49.1%
QQQM Invesco Nasdaq 100 ETF	0.13%	5,816	$1.2M	Add +39.5%
VTI VG Morningstar TS MKT ETF-US	0.13%	4,097	$1.1M	Reduce -0.5%
PM Philip Morris International	0.13%	6,217	$1.1M	Reduce -4.4%
GPIQ GS Nasdaq-100 PR Inc. ETF-Usd	0.13%	24,111	$1.1M	Add +1.8%
MRK Merck & Co. Inc.	0.12%	13,441	$1.1M	Add +2.4%
MCD McDonald's Corp.	0.12%	3,330	$1.1M	Add +6.0%
EPD Enterprise Products Partners	0.12%	34,050	$1.0M	Add +41.0%
BAC Bank of America Corp. filed as BANK AMERICA CORP	0.12%	24,388	$996K	Add +2.2%
PSF Cohen & Steers Select Prefer	0.11%	50,978	$982K	Reduce -50.5%
APPN Appian Corp. Class A	0.11%	31,162	$956K	Add +4.4%
RTX RTX Corp.	0.11%	7,426	$952K	Reduce -11.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS	0.11%	3,730	$929K	Add +5.9%
UNP Union Pacific Corp.	0.11%	4,288	$914K	Add +1.0%
TT Trane Technologies PLC	0.10%	2,206	$897K	Add +2.8%
AVUV Avantis US Small Cap Value	0.10%	10,383	$877K	Reduce -45.5%
GLD SPDR Gold Shares	0.10%	2,607	$822K	Add +137.0%
ADP Automatic Data Processing	0.09%	2,666	$809K	Add +0.9%
COWZ Pacer US Cash Cows 100 ETF	0.09%	15,532	$807K	Reduce -53.4%
MO Altria Group Inc.	0.09%	13,137	$795K	Add +1.5%
NOBL Proshares S&P 500 Dividend A	0.09%	8,027	$783K	No change
BRK.A Berkshire Hathaway Inc. Class A	0.09%	1	$768K	No change
PEP Pepsico Inc.	0.09%	5,839	$763K	Reduce -2.1%
PLTR Palantir Technologies Inc. Class A	0.09%	6,961	$758K	Reduce -1.4%
CRWD CrowdStrike Holdings Inc. Class A	0.09%	1,701	$754K	Add +4.1%
MAR Marriott International Class A	0.09%	2,990	$753K	Reduce -0.2%
TFC Truist Financial Corp.	0.09%	19,089	$744K	Add +0.3%
HON Honeywell International Inc.	0.09%	3,537	$742K	Add +2.5%
AMAT Applied Materials Inc.	0.09%	4,838	$740K	Reduce -3.2%
AMGN Amgen Inc.	0.09%	2,737	$740K	Add +5.9%
DUK Duke Energy Corp.	0.09%	5,952	$732K	Reduce -1.3%
AMT American Tower Corp.	0.08%	3,220	$721K	Add +3.1%
ABT Abbott Laboratories	0.08%	5,350	$712K	Add +4.9%
DHR Danaher Corp.	0.08%	3,718	$707K	Add +7.8%
AEP American Electric Power	0.08%	6,541	$703K	Reduce -1.2%
CVX Chevron Corp.	0.08%	5,160	$700K	Add +2.0%
RSP Invesco S&P 500 Equal Weight	0.08%	4,107	$698K	Add +253.4%
CEG Constellation Energy	0.08%	2,539	$695K	Reduce -6.0%
IHI iShares U.S. Medical Devices	0.08%	11,613	$695K	Add +0.0%
WM Waste Management Inc.	0.08%	2,956	$692K	Reduce -5.2%
SRLN SS Blackstone Sr Loan ETF	0.08%	15,811	$644K	Add +9.2%
XHE SS SPDR S&P HC Equip ETF	0.07%	8,000	$628K	No change
KYN Kayne Anderson Energy Infra	0.07%	52,007	$612K	Reduce -4.7%
NFLX Netflix Inc.	0.07%	533	$606K	Add +5.3%
TSLA Tesla Inc.	0.07%	2,188	$602K	Add +9.4%
SMH Vaneck Semiconductor ETF	0.07%	2,696	$581K	Add +38.2%
LMT Lockheed Martin Corp.	0.07%	1,197	$561K	Reduce -15.6%
KO The Coca-Cola Co.	0.06%	7,756	$556K	Add +2.4%
BX Blackstone Inc.	0.06%	4,123	$553K	Reduce -2.5%
CAT Caterpillar Inc.	0.06%	1,699	$545K	Reduce -3.2%
CSX CSX Corp.	0.06%	19,386	$545K	Reduce -0.5%
MCO Moody's Corp.	0.06%	1,169	$541K	Add +2.3%
WFC Wells Fargo & Co.	0.06%	7,303	$537K	Reduce -3.5%
NOC Northrop Grumman Corp.	0.06%	1,100	$536K	Add +1.0%
DIS The Walt Disney Co. filed as DISNEY WALT CO	0.06%	5,804	$535K	Reduce -7.2%
NEE Nextera Energy Inc.	0.06%	7,885	$525K	Reduce -0.1%
XLF SS Financial Select Sector	0.06%	10,650	$524K	Reduce -16.5%
CSCO Cisco Systems Inc.	0.06%	8,748	$518K	Reduce -4.6%
EMR Emerson Electric Co.	0.06%	4,722	$506K	Reduce -0.8%
SO The Southern Co.	0.06%	5,201	$474K	Reduce -6.8%
MRSH Marsh & McLennan Cos	0.05%	2,009	$456K	Add +17.7%
PSA Public Storage	0.05%	1,524	$454K	Add +0.7%
TSCO Tractor Supply Company	0.05%	8,890	$454K	Add +1.6%
SHEN Shenandoah Telecommunication	0.05%	38,526	$452K	No change
BA The Boeing Co.	0.05%	2,398	$446K	Reduce -15.3%
UBER Uber Technologies Inc.	0.05%	5,102	$438K	Add +16.3%
GS Goldman Sachs Group Inc.	0.05%	781	$429K	Add +15.9%
VCRB Vanguard Core Bond ETF	0.05%	5,560	$426K	Add +3.8%
GE General Electric filed as GE AEROSPACE	0.05%	2,035	$424K	Reduce -1.2%
MDLZ Mondelez International Inc. Class A	0.05%	6,178	$417K	Add +1.3%
TDVG T Rowe Price Dividend Growth	0.05%	10,439	$417K	Reduce -5.4%
AMD Advanced Micro Devices	0.05%	4,214	$416K	Reduce -2.0%
D Dominion Energy Inc.	0.05%	7,376	$403K	Add +4.2%
BLK BlackRock Inc.	0.05%	433	$396K	Add +12.5%
TYG Tortoise Energy Infrastruct	0.05%	9,871	$388K	Add +0.2%
APH Amphenol Corp. Class A	0.05%	4,855	$387K	Add +4.3%
MMM 3M Co.	0.04%	2,789	$385K	Reduce -10.2%
GLW Corning Inc.	0.04%	8,528	$382K	Add +0.8%
TXN Texas Instruments Inc.	0.04%	2,320	$374K	Reduce -0.6%
DIA SS SPDR Dow Jones Indus Avg filed as SPDR DOW JONES INDL AVERAGE	0.04%	912	$372K	Add +2.2%
DE Deere & Co.	0.04%	783	$372K	Add +9.2%
APD Air Products & Chemicals Inc.	0.04%	1,377	$369K	Add +3.9%
BMY Bristol-Myers Squibb Co.	0.04%	7,677	$365K	Add +2.4%
TMO Thermo Fisher Scientific Inc.	0.04%	893	$363K	Add +21.5%
CB Chubb Ltd.	0.04%	1,253	$362K	Reduce -15.0%
TRGP Targa Resources Corp.	0.04%	2,286	$360K	Reduce -11.6%
PLD Prologis Inc.	0.04%	3,340	$349K	Reduce -6.4%
KKR KKR & Co. Inc.	0.04%	3,008	$342K	Reduce -4.5%
SLYV SS SPDR S&P 600 SC Val ETF	0.04%	4,373	$324K	No change
T AT&T Inc.	0.04%	11,304	$318K	Add +0.0%
CCI Crown Castle Inc.	0.04%	2,940	$313K	Add +4.7%
CRM Salesforce Inc.	0.04%	1,143	$312K	Add +11.2%
DVY iShares Select Dividend ETF	0.04%	2,426	$312K	Reduce -3.6%
VZ Verizon Communications Inc.	0.04%	7,022	$310K	Reduce -6.3%
P Everpure Inc. Class A filed as PURE STORAGE INC	0.04%	6,500	$309K	No change
LCNB LCNB Corporation	0.04%	21,000	$307K	Reduce -8.7%
EXC Exelon Corp.	0.04%	6,552	$303K	Reduce -29.1%
BG Bunge Global SA	0.03%	3,750	$293K	Add +0.4%
SBUX Starbucks Corp.	0.03%	3,516	$291K	Add +13.2%
JCI Johnson Controls Internation	0.03%	3,271	$290K	Add +4.7%
OKE Oneok Inc.	0.03%	3,561	$282K	Reduce -0.4%
COP Conocophillips	0.03%	3,198	$280K	Add +7.6%
MS Morgan Stanley	0.03%	2,365	$280K	Add +20.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW	0.03%	2,155	$277K	Add +12.2%
MAA Mid-America Apartment Comm	0.03%	1,668	$275K	Add +1.0%
ARCC Ares Capital Corp.	0.03%	13,267	$274K	Add +0.1%
TRV The Travelers Cos Inc.	0.03%	1,023	$274K	New
DFAS Dimensional US Small Cap ETF	0.03%	4,650	$274K	No change
AGG iShares Core U.S. Aggregate	0.03%	2,779	$272K	Reduce -5.5%
XLV SS Health Care Select Sector	0.03%	2,022	$272K	Reduce -26.1%
SPG Simon Property Group Inc.	0.03%	1,694	$271K	Reduce -0.2%
VOO Vanguard S&P 500 ETF	0.03%	523	$269K	Add +21.4%
ALL Allstate Corp.	0.03%	1,327	$268K	Add +2.5%
AVB Avalonbay Communities Inc.	0.03%	1,252	$260K	Reduce -0.2%
QCOM Qualcomm Inc.	0.03%	1,840	$257K	Add +1.3%
AXP American Express Co.	0.03%	934	$257K	Add +13.8%
SCHW Schwab (charles) Corp.	0.03%	2,993	$248K	Add +0.0%
CI The Cigna Group	0.03%	732	$244K	New
STT State Street Corp.	0.03%	2,670	$242K	Add +0.4%
PFE Pfizer Inc.	0.03%	10,316	$236K	Reduce -20.9%
SUSA iShares ESG Optimized MSCI U	0.03%	2,031	$235K	Add +0.3%
LEO BNY Mellon Strategic Muni	0.03%	39,633	$233K	Reduce -6.3%
MCK McKesson Corp.	0.03%	327	$233K	New
FTNT Fortinet Inc.	0.03%	2,128	$228K	Add +3.6%
XLU St Sr Utl SL SE SPDR ETF-Usd	0.03%	2,810	$226K	New
NOW ServiceNow Inc.	0.03%	232	$224K	Add +4.0%
VB Vanguard Most SM-Cap ETF-Usd	0.03%	1,020	$224K	Reduce -18.6%
LIN Linde PLC	0.03%	500	$224K	New
NVS Novartis AG-Sponsored ADR	0.03%	2,018	$223K	New
KMB Kimberly-Clark Corp.	0.03%	1,642	$218K	Add +2.8%
AON Aon PLC Class A	0.03%	603	$216K	Reduce -5.6%
MDT Medtronic PLC	0.03%	2,605	$214K	Add +1.2%
JBHT Hunt (jb) Transprt SVCS Inc.	0.03%	1,637	$214K	Reduce -1.4%
VOE Vngrd Mrngstr MD-Cap Val ETF	0.02%	1,361	$214K	New
TMUS T-Mobile US Inc.	0.02%	836	$212K	Add +2.3%
ILCG iShares Morningstar Growth E	0.02%	2,511	$211K	Add +0.1%
GSBD Goldman Sachs BDC Inc.	0.02%	20,000	$211K	Reduce -61.9%
VCSH Vanguard S/T Corp. Bond ETF	0.02%	2,667	$210K	New
DECK Deckers Outdoor Corp.	0.02%	1,757	$206K	Reduce -2.5%
VXUS Vanguard Total Intl Stock	0.02%	3,130	$204K	New
NVO Novo-Nordisk A/S-Spons ADR	0.02%	3,044	$202K	New
NKE Nike Inc. Class B	0.02%	3,537	$202K	Reduce -4.7%
NPV Nuveen Va QLTY Muni Inc.	0.02%	15,000	$169K	Add +50.0%
ETW Eaton Vance T/M GLBL Buy-WR	0.02%	19,697	$163K	Add +0.7%
PTY PIMCO Corporate & Income Opp	0.02%	10,000	$138K	Reduce -9.1%
GAB Gabelli Equity Trust	0.01%	17,763	$99K	Add +1.5%

Portfolio Sells Q4 2024 → Q1 2025


AAPL Apple Inc.	Reduce -0.6%	2.65%	−0.55
IJR iShares Core S&P Small-Cap E	Reduce -9.5%	2.26%	−0.54
AMZN Amazon.com Inc.	Reduce -0.9%	1.57%	−0.34
MOAT Vaneck Morningstar Wide Moat	Reduce -21.0%	0.96%	−0.30
JAAA Janus Henderson Aaa Clo ETF	Reduce -10.8%	2.93%	−0.29
GSLC Goldman Activebeta US LC ETF	Reduce -2.5%	2.94%	−0.25
VOOG Vanguard S&P 500 Growth ETF	Reduce -1.0%	2.50%	−0.23
XJPIX Nuveen Preferred Securities	Reduce -46.8%	0.25%	−0.20
OCSL Oaktree Specialty Lending Co.	Reduce -49.1%	0.14%	−0.17
IWM iShares Russell 2000 ETF	Reduce -7.5%	0.70%	−0.15
TROW T Rowe Price Group Inc.	Reduce -0.2%	0.88%	−0.14
TCAF T Rowe PRC Cap Appreciation	Reduce -2.5%	2.05%	−0.14
VHT Vanguard Health Care ETF	Reduce -10.3%	0.75%	−0.13
COWZ Pacer US Cash Cows 100 ETF	Reduce -53.4%	0.09%	−0.13
PSF Cohen & Steers Select Prefer	Reduce -50.5%	0.11%	−0.12
AVUV Avantis US Small Cap Value	Reduce -45.5%	0.10%	−0.11
VBR Vngrd Mrngst SL-CP Val ETF-U	Reduce -7.0%	0.60%	−0.10
GOOG Alphabet Inc. Class C	Reduce -0.2%	0.70%	−0.07
VBK Van Morst SML-Cap Gro-Usd Inc.	Reduce -4.1%	0.42%	−0.07
GSBD Goldman Sachs BDC Inc.	Reduce -61.9%	0.02%	−0.05
XBMEX BlackRock Health Sciences	Reduce -1.2%	0.64%	−0.05
IUSG iShares Core S&P U.S. Growth	Reduce -1.0%	0.53%	−0.05
ADBE Adobe Inc.	Sold out	0.00%	−0.04
TCHP T Rowe Price Blue Chip Growt	Sold out	0.00%	−0.03
MRVL Marvell Technology Inc.	Sold out	0.00%	−0.03
CODI Compass Diversified Holdings	Sold out	0.00%	−0.03
RSPH Invesco S&P 500 Equal Weight	Reduce -6.1%	0.26%	−0.03
AI C3.AI Inc. Class A	Sold out	0.00%	−0.03
UTF Cohen & Steers Infrastructur	Sold out	0.00%	−0.03
PRF Invesco Rafi US 1000 ETF	Reduce -0.0%	0.60%	−0.03
PODD Insulet Corp.	Sold out	0.00%	−0.03
INTC Intel Corp.	Sold out	0.00%	−0.03
AKAM Akamai Technologies Inc.	Sold out	0.00%	−0.03
ACWI iShares MSCI Acwi ETF	Sold out	0.00%	−0.03
PEG Public Service Enterprise GP	Sold out	0.00%	−0.02
ESGV Vanguard ESG US Stock ETF	Sold out	0.00%	−0.02
IT Gartner Inc.	Reduce -0.9%	0.14%	−0.02
PYPL PayPal Holdings Inc.	Sold out	0.00%	−0.02
GBTC Grayscale Bitcoin Trust ETF	Sold out	0.00%	−0.02
TRGP Targa Resources Corp.	Reduce -11.6%	0.04%	−0.02
COST Costco Wholesale Corp.	Reduce -2.4%	0.28%	−0.02
CEG Constellation Energy	Reduce -6.0%	0.08%	−0.02
DIS The Walt Disney Co.	Reduce -7.2%	0.06%	−0.02
BX Blackstone Inc.	Reduce -2.5%	0.06%	−0.01
IVW iShares S&P 500 Growth ETF	Reduce -0.9%	0.16%	−0.01
XLF SS Financial Select Sector	Reduce -16.5%	0.06%	−0.01
XLV SS Health Care Select Sector	Reduce -26.1%	0.03%	−0.01
KKR KKR & Co. Inc.	Reduce -4.5%	0.04%	−0.01
CSX CSX Corp.	Reduce -0.5%	0.06%	−0.01
PFE Pfizer Inc.	Reduce -20.9%	0.03%	−0.01

Portfolio Buys Q4 2024 → Q1 2025


GPIX GLDM SA S&P 500 PR in ETF-US	Add +27.4%	4.72%	+0.75
VIG Vanguard Dividend Apprec ETF	Add +33.6%	3.29%	+0.73
JPST JPMorgan Ultra-Short Income	Add +143.1%	0.99%	+0.60
XCHYX Calamos Convert & High Inc.	New	0.50%	+0.50
NAD Nuveen Quality Municipal Inc.	Add +91.7%	0.91%	+0.43
VO Vngrd Mrngstr MD-Cap ETF-Usd	Add +32.1%	1.80%	+0.39
JPIE JPMorgan Income ETF	Add +10.0%	2.89%	+0.32
VYMI Vanguard Int High DVD YLD Inc.	Add +499.1%	0.28%	+0.24
COR Cencora Inc.	Add +9.8%	0.78%	+0.20
PDI PIMCO Dynamic Income Fund	Add +16.8%	1.48%	+0.20
IEFA iShares Core MSCI Eafe ETF	Add +9.9%	1.04%	+0.17
VUG Vanguard Mrngstar GR ETF-Sui	Add +19.6%	1.45%	+0.14
ET Energy Transfer LP	Add +215.8%	0.19%	+0.11
NVDA Nvidia Corp.	Add +33.6%	0.97%	+0.11
NVG Nuveen Amt-FR Muni CRDT	Add +13.1%	0.68%	+0.06
GLD SPDR Gold Shares	Add +137.0%	0.10%	+0.06
RSP Invesco S&P 500 Equal Weight	Add +253.4%	0.08%	+0.06
JEPI JPMorgan Equity Premium Inco	Add +4.4%	12.45%	+0.06
MQY BlackRock Muniyield Quality	Add +6.9%	1.41%	+0.04
VEU Vanguard Ftse All-World Ex-U	Add +23.1%	0.16%	+0.04
BN Brookfield Corp.	Add +47.7%	0.14%	+0.04
TRV The Travelers Cos Inc.	New	0.03%	+0.03
QQQM Invesco Nasdaq 100 ETF	Add +39.5%	0.13%	+0.03
CI The Cigna Group	New	0.03%	+0.03
EPD Enterprise Products Partners	Add +41.0%	0.12%	+0.03
MCK McKesson Corp.	New	0.03%	+0.03
XLU St Sr Utl SL SE SPDR ETF-Usd	New	0.03%	+0.03
LIN Linde PLC	New	0.03%	+0.03
NVS Novartis AG-Sponsored ADR	New	0.03%	+0.03
IWB iShares Russell 1000 ETF	Add +16.5%	0.30%	+0.03
VOE Vngrd Mrngstr MD-Cap Val ETF	New	0.02%	+0.02
AVGO Broadcom Inc.	Add +33.5%	0.16%	+0.02
VCSH Vanguard S/T Corp. Bond ETF	New	0.02%	+0.02
VXUS Vanguard Total Intl Stock	New	0.02%	+0.02
NVO Novo-Nordisk A/S-Spons ADR	New	0.02%	+0.02
PML PIMCO Municipal Income FD II	Add +19.9%	0.20%	+0.02
BOND PIMCO Active Bond Exchange-T	Add +1.6%	0.53%	+0.02
AMT American Tower Corp.	Add +3.1%	0.08%	+0.02
TT Trane Technologies PLC	Add +2.8%	0.10%	+0.02
MO Altria Group Inc.	Add +1.5%	0.09%	+0.01
MA Mastercard Inc. Class A	Add +0.6%	0.60%	+0.01
MCD McDonald's Corp.	Add +6.0%	0.12%	+0.01
SMH Vaneck Semiconductor ETF	Add +38.2%	0.07%	+0.01
V Visa Inc. Class A	Add +0.5%	0.80%	+0.01
UBER Uber Technologies Inc.	Add +16.3%	0.05%	+0.01
JNJ Johnson & Johnson	Add +1.8%	0.31%	+0.01
NFLX Netflix Inc.	Add +5.3%	0.07%	+0.01
PG The Procter & Gamble Co.	Add +3.6%	0.24%	+0.01
MRSH Marsh & McLennan Cos	Add +17.7%	0.05%	+0.01
APH Amphenol Corp. Class A	Add +4.3%	0.05%	+0.01

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