Cornerstone Advisory, LLC
In its 13F for Q4 2025 (holdings as of December 31, 2025, filed January 28, 2026), Cornerstone Advisory, LLC reported 248 stock positions worth $1.0 billion. Its top holding was JPMorgan Equity Premium Inco (JEPI) at 10.7% of the portfolio, followed by GLDM SA S&P 500 PR in ETF-US (GPIX, 6.7%) and Vanguard High DVD Yield ETF (VYM, 4.7%). Compared with Q3 2025, it opened 14 new positions, sold out of 10, added to 116 and reduced 101. The biggest buy was GLDM SA S&P 500 PR in ETF-US (GPIX, shares +17%) and the biggest sale JPMorgan Equity Premium Inco (JEPI, shares −3%).
- Most Recent 13F
- Q2 2026
- Location
- HUNT VALLEY, MD
- CIK
- 0001668189
- Portfolio Value
- $1.0B (Q4 2025)
- SEC Filing
- 0001765380-26-000050 ↗ filed Jan 28, 2026
Holdings Value
Holdings 248 stocks · $1.0B
| JEPI JPMorgan Equity Premium Inco | 10.71% | 1,961,971 | $112.3M | Reduce -3.2% |
| GPIX GLDM SA S&P 500 PR in ETF-US | 6.73% | 1,336,721 | $70.6M | Add +17.1% |
| VYM Vanguard High DVD Yield ETF | 4.73% | 345,556 | $49.6M | Reduce -0.3% |
| IVV iShares Core S&P 500 ETF | 4.57% | 69,978 | $47.9M | Reduce -0.2% |
| VIG Vanguard Dividend Apprec ETF | 3.23% | 154,173 | $33.9M | Add +0.1% |
| AAPL Apple Inc. | 2.96% | 114,120 | $31.0M | Reduce -1.5% |
| GSLC Goldman Activebeta US LC ETF | 2.81% | 223,014 | $29.5M | Reduce -1.3% |
| JPIE JPMorgan Income ETF | 2.79% | 632,844 | $29.3M | Add +5.9% |
| BRK.B Berkshire Hathaway Inc. Class B | 2.59% | 53,975 | $27.1M | Add +1.6% |
| VOOG Vanguard S&P 500 Growth ETF | 2.58% | 60,915 | $27.1M | Reduce -1.2% |
| VO Vngrd Mrngstr MD-Cap ETF-Usd | 2.28% | 82,321 | $23.9M | Add +4.2% |
| JEPQ JPM Nasdaq Equity Premium filed as J P MORGAN EXCHANGE TRADED F | 2.14% | 385,776 | $22.4M | Add +2.1% |
| GOOGL Alphabet Inc. Class A | 2.07% | 69,478 | $21.7M | Reduce -3.1% |
| JAAA Janus Henderson Aaa Clo ETF | 2.02% | 419,176 | $21.2M | Reduce -14.6% |
| IJR iShares Core S&P Small-Cap E | 1.99% | 174,080 | $20.9M | Reduce -1.3% |
| TCAF T Rowe PRC Cap Appreciation | 1.99% | 546,080 | $20.9M | Add +1.1% |
| VUG Vanguard Mrngstar GR ETF-Sui | 1.94% | 41,656 | $20.3M | Add +7.8% |
| VGT Vanguard Info Tech ETF | 1.86% | 25,947 | $19.6M | Reduce -1.5% |
| AMZN Amazon.com Inc. | 1.61% | 73,193 | $16.9M | Reduce -0.9% |
| MSFT Microsoft Corp. | 1.48% | 32,102 | $15.5M | Reduce -0.8% |
| NVDA Nvidia Corp. | 1.29% | 72,517 | $13.5M | Reduce -2.8% |
| MQY BlackRock Muniyield Quality | 1.13% | 1,049,409 | $11.9M | Reduce -4.2% |
| IEFA iShares Core MSCI Eafe ETF | 1.05% | 122,819 | $11.0M | Reduce -4.2% |
| PDI PIMCO Dynamic Income Fund | 1.04% | 616,196 | $10.9M | Reduce -2.1% |
| NAD Nuveen Quality Municipal Inc. | 1.01% | 878,456 | $10.6M | Reduce -0.8% |
| JPST JPMorgan Ultra-Short Income | 0.93% | 192,720 | $9.7M | Reduce -2.5% |
| GOOG Alphabet Inc. Class C | 0.89% | 29,757 | $9.3M | Reduce -9.6% |
| META Meta Platforms Inc. Class A | 0.81% | 12,861 | $8.5M | Reduce -2.5% |
| NVG Nuveen Amt-FR Muni CRDT | 0.80% | 663,149 | $8.4M | Reduce -1.1% |
| IWF iShares Russell 1000 Growth | 0.80% | 17,617 | $8.3M | Reduce -2.4% |
| TROW T Rowe Price Group Inc. filed as PRICE T ROWE GROUP INC | 0.79% | 81,149 | $8.3M | Reduce -0.2% |
| IWM iShares Russell 2000 ETF | 0.71% | 30,221 | $7.4M | Add +3.2% |
| V Visa Inc. Class A | 0.68% | 20,398 | $7.2M | Add +2.2% |
| SDY SS SPDR S&P Dividend ETF | 0.61% | 46,319 | $6.4M | Add +0.3% |
| VTV Vanguard Mrngstr Val ETF-Aui | 0.60% | 32,808 | $6.3M | Add +0.3% |
| IUSG iShares Core S&P U.S. Growth | 0.59% | 36,638 | $6.2M | Add +5.0% |
| MOAT Vaneck Morningstar Wide Moat | 0.59% | 59,329 | $6.1M | Reduce -3.9% |
| FEGE First Eagle GL Equity ETF | 0.59% | 133,333 | $6.1M | Add +44.5% |
| VHT Vanguard Health Care ETF | 0.58% | 21,111 | $6.1M | Reduce -5.3% |
| QQQ Invesco QQQ Trust Series 1 | 0.57% | 9,816 | $6.0M | Add +0.1% |
| PRF Invesco Rafi US 1000 ETF | 0.57% | 126,570 | $5.9M | Reduce -2.4% |
| VBR Vngrd Mrngst SL-CP Val ETF-U | 0.54% | 26,762 | $5.7M | Reduce -0.6% |
| MA Mastercard Inc. Class A | 0.52% | 9,518 | $5.4M | Add +1.0% |
| IWD iShares Russell 1000 Value E | 0.47% | 23,496 | $4.9M | Add +0.3% |
| TY Tri-Continental Corp. | 0.46% | 147,472 | $4.8M | Add +4.6% |
| PDO PIMCO Dynamic Income Opport | 0.43% | 322,492 | $4.5M | Reduce -5.8% |
| JPM JPMorgan Chase & Co. | 0.41% | 13,388 | $4.3M | Reduce -0.9% |
| SPY SS SPDR S&P 500 ETF Trust-US | 0.40% | 6,125 | $4.2M | Add +8.6% |
| XCHYX Calamos Convert & High Inc. | 0.39% | 364,453 | $4.1M | Reduce -8.5% |
| VBK Van Morst SML-Cap Gro-Usd Inc. | 0.39% | 13,456 | $4.1M | Reduce -1.8% |
| GLD SPDR Gold Shares | 0.38% | 10,017 | $4.0M | Add +106.5% |
| BOND PIMCO Active Bond Exchange-T | 0.38% | 42,274 | $3.9M | Reduce -6.6% |
| COR Cencora Inc. | 0.37% | 11,410 | $3.9M | Add +0.0% |
| ABBV Abbvie Inc. | 0.35% | 15,977 | $3.7M | Add +0.8% |
| JNJ Johnson & Johnson | 0.34% | 17,181 | $3.6M | Reduce -4.7% |
| VYMI Vanguard Int High DVD YLD Inc. | 0.32% | 37,664 | $3.4M | Add +2.5% |
| XOM Exxon Mobil Corp. | 0.32% | 27,587 | $3.3M | Add +1.4% |
| IWB iShares Russell 1000 ETF | 0.30% | 8,291 | $3.1M | Add +0.1% |
| BXSL Blackstone Secured Lending F | 0.29% | 114,281 | $3.0M | Add +409.1% |
| ARCC Ares Capital Corp. | 0.28% | 145,943 | $3.0M | Add +1022.6% |
| LLY Eli Lilly & Co. | 0.27% | 2,666 | $2.9M | Add +1.5% |
| XLK SS Technology Select Sector | 0.27% | 19,568 | $2.8M | Reduce -5.8% |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | 0.25% | 49,653 | $2.6M | Add +22.4% |
| ORCL Oracle Corp. | 0.25% | 13,261 | $2.6M | Reduce -0.7% |
| COST Costco Wholesale Corp. | 0.24% | 2,964 | $2.6M | Add +28.3% |
| IBIT iShares Bitcoin Trust ETF | 0.24% | 49,835 | $2.5M | Add +36.3% |
| AVGO Broadcom Inc. | 0.23% | 7,079 | $2.4M | Add +2.2% |
| XBMEX BlackRock Health Sciences | 0.23% | 58,910 | $2.4M | Reduce -3.8% |
| RSPH Invesco S&P 500 Equal Weight | 0.22% | 71,476 | $2.3M | Reduce -3.8% |
| XLI SS Industrial Select Sector | 0.21% | 14,043 | $2.2M | Reduce -12.5% |
| BPRE Bluerock Private Real Estate | 0.20% | 138,573 | $2.1M | New |
| SO The Southern Co. | 0.19% | 22,447 | $2.0M | Reduce -0.0% |
| VEU Vanguard Ftse All-World Ex-U | 0.18% | 26,268 | $1.9M | Add +6.7% |
| QQQM Invesco Nasdaq 100 ETF | 0.18% | 7,515 | $1.9M | Add +12.2% |
| PG The Procter & Gamble Co. | 0.18% | 13,080 | $1.9M | Add +7.1% |
| SYK Stryker Corp. | 0.18% | 5,268 | $1.9M | Add +1.3% |
| IEMG iShares Core MSCI Emerging | 0.18% | 27,516 | $1.8M | Reduce -1.6% |
| IJJ iShares S&P Mid-Cap 400 Valu | 0.18% | 14,000 | $1.8M | No change |
| PANW Palo Alto Networks Inc. | 0.18% | 9,986 | $1.8M | Add +3.4% |
| IVW iShares S&P 500 Growth ETF | 0.17% | 14,086 | $1.7M | Reduce -0.5% |
| ET Energy Transfer LP | 0.16% | 103,859 | $1.7M | Reduce -18.0% |
| WMT Walmart Inc. | 0.16% | 15,079 | $1.7M | Add +3.5% |
| ITA iShares U.S. Aerospace & Def | 0.16% | 7,701 | $1.7M | Reduce -6.1% |
| VOT Vngrd Mrngstr MC GRW ETF-Usd | 0.15% | 5,467 | $1.5M | Add +6.5% |
| EPD Enterprise Products Partners | 0.14% | 46,716 | $1.5M | Add +17.4% |
| TSLA Tesla Inc. | 0.14% | 3,200 | $1.4M | Add +3.4% |
| AVUV Avantis US Small Cap Value | 0.14% | 14,055 | $1.4M | Add +8.8% |
| OBDC Blue Owl Capital Corp. | 0.14% | 114,020 | $1.4M | New |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.13% | 25,257 | $1.4M | Reduce -4.2% |
| VTI VG Morningstar TS MKT ETF-US | 0.13% | 3,999 | $1.3M | Reduce -1.1% |
| HD Home Depot Inc. | 0.12% | 3,740 | $1.3M | Reduce -8.8% |
| RTX RTX Corp. | 0.12% | 6,850 | $1.3M | Add +0.9% |
| AMAT Applied Materials Inc. | 0.12% | 4,821 | $1.2M | Reduce -3.1% |
| SMH Vaneck Semiconductor ETF | 0.11% | 3,204 | $1.2M | Add +0.3% |
| IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS | 0.11% | 3,764 | $1.1M | Reduce -1.7% |
| MRK Merck & Co. Inc. | 0.10% | 10,368 | $1.1M | Reduce -3.1% |
| CAT Caterpillar Inc. | 0.10% | 1,806 | $1.0M | Reduce -8.0% |
| MCD McDonald's Corp. | 0.09% | 3,183 | $973K | Reduce -8.5% |
| UNP Union Pacific Corp. | 0.09% | 4,120 | $953K | Reduce -6.6% |
| RSP Invesco S&P 500 Equal Weight | 0.09% | 4,810 | $921K | Add +2.9% |
Portfolio Sells Q3 2025 → Q4 2025
| JEPI JPMorgan Equity Premium Inco | Reduce -3.2% | 10.71% | −0.66 |
| JAAA Janus Henderson Aaa Clo ETF | Reduce -14.6% | 2.02% | −0.42 |
| PDI PIMCO Dynamic Income Fund | Reduce -2.1% | 1.04% | −0.18 |
| MSFT Microsoft Corp. | Reduce -0.8% | 1.48% | −0.17 |
| META Meta Platforms Inc. Class A | Reduce -2.5% | 0.81% | −0.14 |
| MQY BlackRock Muniyield Quality | Reduce -4.2% | 1.13% | −0.12 |
| ORCL Oracle Corp. | Reduce -0.7% | 0.25% | −0.12 |
| NVDA Nvidia Corp. | Reduce -2.8% | 1.29% | −0.08 |
| GSLC Goldman Activebeta US LC ETF | Reduce -1.3% | 2.81% | −0.08 |
| VYM Vanguard High DVD Yield ETF | Reduce -0.3% | 4.73% | −0.07 |
| VGT Vanguard Info Tech ETF | Reduce -1.5% | 1.86% | −0.07 |
| IJR iShares Core S&P Small-Cap E | Reduce -1.3% | 1.99% | −0.06 |
| SRLN SS Blackstone Sr Loan ETF | Sold out | 0.00% | −0.06 |
| APPN Appian Corp. Class A | Reduce -73.5% | 0.03% | −0.06 |
| VOOG Vanguard S&P 500 Growth ETF | Reduce -1.2% | 2.58% | −0.06 |
| JPST JPMorgan Ultra-Short Income | Reduce -2.5% | 0.93% | −0.06 |
| IEFA iShares Core MSCI Eafe ETF | Reduce -4.2% | 1.05% | −0.05 |
| PML PIMCO Municipal Income FD II | Reduce -40.1% | 0.06% | −0.05 |
| ET Energy Transfer LP | Reduce -18.0% | 0.16% | −0.05 |
| PDO PIMCO Dynamic Income Opport | Reduce -5.8% | 0.43% | −0.05 |
| TCAL T Rowe Pre CPT Apr PR in ETF | Reduce -39.3% | 0.06% | −0.05 |
| XCHYX Calamos Convert & High Inc. | Reduce -8.5% | 0.39% | −0.05 |
| SCHK Schwab 1000 Index ETF | Sold out | 0.00% | −0.04 |
| IVV iShares Core S&P 500 ETF | Reduce -0.2% | 4.57% | −0.04 |
| HD Home Depot Inc. | Reduce -8.8% | 0.12% | −0.04 |
| BOND PIMCO Active Bond Exchange-T | Reduce -6.6% | 0.38% | −0.04 |
| IWF iShares Russell 1000 Growth | Reduce -2.4% | 0.80% | −0.04 |
| XLI SS Industrial Select Sector | Reduce -12.5% | 0.21% | −0.04 |
| COWZ Pacer US Cash Cows 100 ETF | Reduce -57.1% | 0.03% | −0.04 |
| MDLZ Mondelez International Inc. Class A | Sold out | 0.00% | −0.03 |
| TROW T Rowe Price Group Inc. | Reduce -0.2% | 0.79% | −0.03 |
| JPC Nuveen Prefered & Income Opp | Reduce -20.7% | 0.08% | −0.03 |
| PODD Insulet Corp. | Sold out | 0.00% | −0.02 |
| GBTC Grayscale Bitcoin Trust ETF | Sold out | 0.00% | −0.02 |
| SO The Southern Co. | Reduce -0.0% | 0.19% | −0.02 |
| ANET Arista Networks Inc. | Sold out | 0.00% | −0.02 |
| MINO PIMCO Municipal Income Oppor | Sold out | 0.00% | −0.02 |
| TMUS T-Mobile US Inc. | Sold out | 0.00% | −0.02 |
| GSBD Goldman Sachs BDC Inc. | Sold out | 0.00% | −0.02 |
| XLK SS Technology Select Sector | Reduce -5.8% | 0.27% | −0.02 |
| NFLX Netflix Inc. | Reduce -0.9% | 0.05% | −0.02 |
| MO Altria Group Inc. | Reduce -9.1% | 0.05% | −0.02 |
| OCSL Oaktree Specialty Lending Co. | Reduce -18.6% | 0.05% | −0.02 |
| MOAT Vaneck Morningstar Wide Moat | Reduce -3.9% | 0.59% | −0.02 |
| AMT American Tower Corp. | Reduce -10.5% | 0.05% | −0.01 |
| VBK Van Morst SML-Cap Gro-Usd Inc. | Reduce -1.8% | 0.39% | −0.01 |
| P Everpure Inc. Class A | Reduce -11.2% | 0.03% | −0.01 |
| UNP Union Pacific Corp. | Reduce -6.6% | 0.09% | −0.01 |
| VBR Vngrd Mrngst SL-CP Val ETF-U | Reduce -0.6% | 0.54% | −0.01 |
| T AT&T Inc. | Reduce -22.9% | 0.02% | −0.01 |
Portfolio Buys Q3 2025 → Q4 2025
| GPIX GLDM SA S&P 500 PR in ETF-US | Add +17.1% | 6.73% | +0.87 |
| ARCC Ares Capital Corp. | Add +1022.6% | 0.28% | +0.26 |
| BXSL Blackstone Secured Lending F | Add +409.1% | 0.29% | +0.23 |
| GLD SPDR Gold Shares | Add +106.5% | 0.38% | +0.21 |
| BPRE Bluerock Private Real Estate | New | 0.20% | +0.20 |
| FEGE First Eagle GL Equity ETF | Add +44.5% | 0.59% | +0.18 |
| OBDC Blue Owl Capital Corp. | New | 0.14% | +0.14 |
| VUG Vanguard Mrngstar GR ETF-Sui | Add +7.8% | 1.94% | +0.12 |
| LLY Eli Lilly & Co. | Add +1.5% | 0.27% | +0.08 |
| JPIE JPMorgan Income ETF | Add +5.9% | 2.79% | +0.07 |
| VST Vistra Corp. | New | 0.06% | +0.06 |
| AKRE Akre Focus ETF | New | 0.05% | +0.05 |
| VOYG Voyager Technologies Inc. Class A | New | 0.05% | +0.05 |
| GPIQ GS Nasdaq-100 PR Inc. ETF-Usd | Add +22.4% | 0.25% | +0.04 |
| BIP Brookfield Infrastructure Pa | New | 0.04% | +0.04 |
| COST Costco Wholesale Corp. | Add +28.3% | 0.24% | +0.03 |
| TOTL SS Doubleline TR Tact ETF | New | 0.03% | +0.03 |
| ISRG Intuitive Surgical Inc. | New | 0.03% | +0.03 |
| SPY SS SPDR S&P 500 ETF Trust-US | Add +8.6% | 0.40% | +0.03 |
| FBTC Fidelity Wise Origin Bitcoin | New | 0.03% | +0.03 |
| IUSG iShares Core S&P U.S. Growth | Add +5.0% | 0.59% | +0.02 |
| MU Micron Technology Inc. | New | 0.02% | +0.02 |
| NKE Nike Inc. Class B | New | 0.02% | +0.02 |
| USB US Bancorp | New | 0.02% | +0.02 |
| CGBD Carlyle Secured Lending Inc. | New | 0.02% | +0.02 |
| EPD Enterprise Products Partners | Add +17.4% | 0.14% | +0.02 |
| INTU Intuit Inc. | New | 0.02% | +0.02 |
| QQQM Invesco Nasdaq 100 ETF | Add +12.2% | 0.18% | +0.02 |
| VYMI Vanguard Int High DVD YLD Inc. | Add +2.5% | 0.32% | +0.02 |
| COR Cencora Inc. | Add +0.0% | 0.37% | +0.02 |
| XOM Exxon Mobil Corp. | Add +1.4% | 0.32% | +0.02 |
| IWM iShares Russell 2000 ETF | Add +3.2% | 0.71% | +0.01 |
| V Visa Inc. Class A | Add +2.2% | 0.68% | +0.01 |
| WMT Walmart Inc. | Add +3.5% | 0.16% | +0.01 |
| MAR Marriott International Class A | Add +1.1% | 0.08% | +0.01 |
| VEU Vanguard Ftse All-World Ex-U | Add +6.7% | 0.18% | +0.01 |
| DHR Danaher Corp. | Add +19.3% | 0.04% | +0.01 |
| AVUV Avantis US Small Cap Value | Add +8.8% | 0.14% | +0.01 |
| JBHT Hunt (jb) Transprt SVCS Inc. | Add +1.3% | 0.03% | +0.01 |
| AVGO Broadcom Inc. | Add +2.2% | 0.23% | +0.01 |
| RTX RTX Corp. | Add +0.9% | 0.12% | +0.01 |
| CRM Salesforce Inc. | Add +15.4% | 0.04% | +0.01 |
| SMH Vaneck Semiconductor ETF | Add +0.3% | 0.11% | +0.01 |
| LRCX Lam Research Corp. | Add +3.6% | 0.03% | +0.01 |
| TSM Taiwan Semiconductor-SP ADR | Add +17.5% | 0.03% | +0.01 |
| WFC Wells Fargo & Co. | Add +2.2% | 0.07% | +0.01 |
| GDX Vaneck Gold Miners ETF | Add +11.5% | 0.03% | +0.01 |
| GS Goldman Sachs Group Inc. | Add +0.8% | 0.07% | +0.00 |
| GLW Corning Inc. | Add +2.9% | 0.08% | +0.00 |
| MS Morgan Stanley | Add +2.9% | 0.04% | +0.00 |
Options Activity Q3 2025 → Q4 2025
| PSQ Proshares Short QQQ | call | Sold out | 27,500 | $297before exit |
Calls and puts are listed by the shares they cover; their value is not part of the stock holdings above.
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 |