Cornerstone Advisory

HUNT VALLEY, MDfiles as Cornerstone Advisory, LLC

$1.2bn in 273 US stocks at the end of 30 June 2026. The top 10 are 43.6% of the money. It changed about 5.4% of the portfolio this quarter.

Value

$1.2bn

Stocks

273

Top 10 share

43.6%

Turnover

5.4%

What changed this quarter

New

Bought for the first time this quarter.

Sherwin-WilliamsSHW
0.3% of the fund
Select Sector Spdr TRXLE
0.2% of the fund
Vaneck ETF TrustBIZD
<0.1% of the fund
Space Exploration TechnologiesSPCX
<0.1% of the fund
Western DigitalWDC
<0.1% of the fund
Arista NetworksANET
<0.1% of the fund
Texas InstrumentsTXN
<0.1% of the fund
Honeywell AerospaceHONA
<0.1% of the fund
Honeywell InternationalHON
<0.1% of the fund
SandiskSNDK
<0.1% of the fund
StrategyMSTR
<0.1% of the fund
Invesco Exchange Traded FD TRSPT
<0.1% of the fund
Invesco Exchange Traded FD TRPG
<0.1% of the fund
AppianAPPN
<0.1% of the fund
Analog DevicesADI
<0.1% of the fund
PNC Financial Services GroupPNC
<0.1% of the fund
Atlantic Union BanksharesAUB
<0.1% of the fund
Vanguard Index FDSVV
<0.1% of the fund
Northern TrustNTRS
<0.1% of the fund
CitigroupC
<0.1% of the fund
Vanguard Index FDSVXF
<0.1% of the fund
CumminsCMI
<0.1% of the fund
State STR Spdr S&P Midcap 40MDY
<0.1% of the fund
Kimberly-ClarkKMB
<0.1% of the fund
Mondelez InternationalMDLZ
<0.1% of the fund

Added

Bought more of a stock they already held.

J P Morgan Exchange Traded FJEPI
9.7% of the fund
+2%
Goldman Sachs ETF TRGPIX
7.9% of the fund
+7%
Vanguard Whitehall FDSVYM
5.0% of the fund
+8%
Ishares TRIVV
4.6% of the fund
+2%
J P Morgan Exchange Traded FJPIE
3.2% of the fund
+20%
Vanguard Index FDSVO
2.4% of the fund
+3%
Ishares TRIJR
2.3% of the fund
+3%
AlphabetGOOGL
2.1% of the fund
+2%
Janus Detroit STR TRJAAA
2.0% of the fund
+15%
Vanguard Index FDSVUG
1.9% of the fund
+3%
Capital Group Dividend ValueCGDV
0.7% of the fund
+44%
Invesco QQQ TRQQQ
0.7% of the fund
+10%
Vanguard Whitehall FDSVYMI
0.7% of the fund
+39%
RBB Fund TrustFEGE
0.6% of the fund
+6%
Meta PlatformsMETA
0.6% of the fund
+4%
BlackstoneBX
0.5% of the fund
+62%
Tri-ContinentalTY
0.4% of the fund
+2%
MastercardMA
0.4% of the fund
+5%
JPMorgan ChaseJPM
0.4% of the fund
+3%
Johnson & JohnsonJNJ
0.4% of the fund
+4%
State STR Spdr S&P 500 ETF TSPY
0.4% of the fund
+3%
American Centy ETF TRAVUV
0.4% of the fund
+61%
IsharesIEMG
0.3% of the fund
+10%
Spdr Gold TRGLD
0.3% of the fund
+11%
Goldman Sachs ETF TRGPIQ
0.3% of the fund
+10%

Cut

Sold some of their stake.

Berkshire HathawayBRK-B
2.1% of the fund
-5%
T Rowe Price Exchange-TradedTCAF
1.6% of the fund
-4%
MicrosoftMSFT
1.0% of the fund
-2%
Nuveen Quality Municipal Income FundNAD
0.8% of the fund
-4%
Blackrock Muniyield Quality FundMQY
0.8% of the fund
-11%
J P Morgan Exchange Traded FJPST
0.8% of the fund
-7%
PIMCO Dynamic Income FundPDI
0.7% of the fund
-12%
Nuveen AMT-Free Municipal Credit Income FundNVG
0.7% of the fund
-3%
Invesco Exchange Traded FD TPRF
0.6% of the fund
-3%
Vanguard Index FDSVBR
0.5% of the fund
-3%
Vaneck ETF TrustMOAT
0.5% of the fund
-7%
PIMCO Dynamic Income Opportunities FundPDO
0.3% of the fund
-9%
Palo Alto NetworksPANW
0.3% of the fund
-10%
Select Sector Spdr TRXLK
0.3% of the fund
-9%
CrowdStrike HoldingsCRWD
0.2% of the fund
-27%
Vanguard Index FDSVBK
0.2% of the fund
-8%
Blackstone Secured Lending FundBXSL
0.2% of the fund
-9%
Ishares TRIJJ
0.2% of the fund
-4%
Blue Owl CapitalOBDC
0.1% of the fund
-3%
Calamos Conv & High Income FXCHYX
0.1% of the fund
-62%
UnitedHealth GroupUNH
<0.1% of the fund
-15%
BrookfieldBN
<0.1% of the fund
-6%
Dell TechnologiesDELL
<0.1% of the fund
-27%
PepsiCoPEP
<0.1% of the fund
-8%
Targa ResourcesTRGP
<0.1% of the fund
-8%

Sold out

Sold their entire stake.

Pimco ETF TRBOND
-100%
Honeywell InternationalHON
-100%
Ishares TRNYF
-100%
Antero MidstreamAM
-100%
Profesionally Managed PortfoAKRE
-100%
Verizon CommunicationsVZ
-100%
AT&TT
-100%
Ares ManagementARES
-100%
Kraft HeinzKHC
-100%
PfizerPFE
-100%
Ishares TRISTB
-100%
Lowe's CompaniesLOW
-100%
Akamai TechnologiesAKAM
-100%
T-Mobile USTMUS
-100%
Dimensional ETF TrustDFLV
-100%
Gabelli Equity TRGAB-R
-100%

Holdings

J P Morgan Exchange Traded FJEPI
Share
9.7%
Value
$117m
Shares
2,079,263
+2%
Goldman Sachs ETF TRGPIX
Share
7.9%
Value
$95m
Shares
1,715,359
+7%
Vanguard Whitehall FDSVYM
Share
5.0%
Value
$60m
Shares
381,419
+8%
Ishares TRIVV
Share
4.6%
Value
$55m
Shares
73,512
+2%
J P Morgan Exchange Traded FJPIE
Share
3.2%
Value
$38m
Shares
829,529
+20%
Vanguard Specialized FundsVIG
Share
3.0%
Value
$37m
Shares
154,736
Held
AppleAAPL
Share
2.7%
Value
$33m
Shares
114,443
Held
Goldman Sachs ETF TRGSLC
Share
2.5%
Value
$30m
Shares
213,217
Held
Vanguard Admiral FDSVOOG
Share
2.5%
Value
$30m
Shares
358,268
Held
Vanguard Index FDSVO
Share
2.4%
Value
$29m
Shares
361,971
+3%
Vanguard World FDVGT
Share
2.4%
Value
$28m
Shares
237,662
Held
Ishares TRIJR
Share
2.3%
Value
$28m
Shares
187,775
+3%
Berkshire HathawayBRK-B
Share
2.1%
Value
$26m
Shares
51,523
-5%
AlphabetGOOGL
Share
2.1%
Value
$26m
Shares
71,543
+2%
J P Morgan Exchange Traded FJEPQ
Share
2.0%
Value
$24m
Shares
394,178
Held
Janus Detroit STR TRJAAA
Share
2.0%
Value
$24m
Shares
475,016
+15%
Vanguard Index FDSVUG
Share
1.9%
Value
$23m
Shares
266,465
+3%
T Rowe Price Exchange-TradedTCAF
Share
1.6%
Value
$19m
Shares
467,660
-4%
Amazon.comAMZN
Share
1.5%
Value
$18m
Shares
73,599
Held
NvidiaNVDA
Share
1.3%
Value
$15m
Shares
76,079
Held
Ishares TRIEFA
Share
1.0%
Value
$13m
Shares
129,666
Held
MicrosoftMSFT
Share
1.0%
Value
$12m
Shares
32,678
-2%
AlphabetGOOG
Share
0.8%
Value
$10m
Shares
28,762
Held
Nuveen Quality Municipal Income FundNAD
Share
0.8%
Value
$10m
Shares
813,878
-4%
Blackrock Muniyield Quality FundMQY
Share
0.8%
Value
$10m
Shares
838,561
-11%
J P Morgan Exchange Traded FJPST
Share
0.8%
Value
$10m
Shares
187,979
-7%
Ishares TRIWM
Share
0.8%
Value
$9m
Shares
30,306
Held
Capital Group Dividend ValueCGDV
Share
0.7%
Value
$9m
Shares
182,911
+44%
Price T Rowe GroupTROW
Share
0.7%
Value
$9m
Shares
78,711
Held
Ishares TRIWF
Share
0.7%
Value
$9m
Shares
69,769
Held
PIMCO Dynamic Income FundPDI
Share
0.7%
Value
$8m
Shares
501,259
-12%
Invesco QQQ TRQQQ
Share
0.7%
Value
$8m
Shares
11,154
+10%
Nuveen AMT-Free Municipal Credit Income FundNVG
Share
0.7%
Value
$8m
Shares
619,791
-3%
Vanguard Whitehall FDSVYMI
Share
0.7%
Value
$8m
Shares
80,745
+39%
RBB Fund TrustFEGE
Share
0.6%
Value
$8m
Shares
159,032
+6%
Meta PlatformsMETA
Share
0.6%
Value
$8m
Shares
13,666
+4%
VisaV
Share
0.6%
Value
$7m
Shares
20,732
Held
Spdr Series TrustSDY
Share
0.6%
Value
$7m
Shares
45,968
Held
Vanguard Index FDSVTV
Share
0.6%
Value
$7m
Shares
31,970
Held
Ishares TRIUSG
Share
0.6%
Value
$7m
Shares
36,272
Held
Invesco Exchange Traded FD TPRF
Share
0.6%
Value
$7m
Shares
122,805
-3%
Vanguard World FDVHT
Share
0.5%
Value
$6m
Shares
20,947
Held
Vanguard Index FDSVBR
Share
0.5%
Value
$6m
Shares
25,121
-3%
BlackstoneBX
Share
0.5%
Value
$6m
Shares
50,633
+62%
Ishares TRIWD
Share
0.5%
Value
$6m
Shares
23,407
Held
Vaneck ETF TrustMOAT
Share
0.5%
Value
$6m
Shares
54,482
-7%
Tri-ContinentalTY
Share
0.4%
Value
$5m
Shares
155,211
+2%
MastercardMA
Share
0.4%
Value
$5m
Shares
10,272
+5%
JPMorgan ChaseJPM
Share
0.4%
Value
$5m
Shares
14,225
+3%
Johnson & JohnsonJNJ
Share
0.4%
Value
$5m
Shares
18,006
+4%
State STR Spdr S&P 500 ETF TSPY
Share
0.4%
Value
$4m
Shares
5,988
+3%
American Centy ETF TRAVUV
Share
0.4%
Value
$4m
Shares
34,018
+61%
IsharesIEMG
Share
0.3%
Value
$4m
Shares
49,949
+10%
AbbVieABBV
Share
0.3%
Value
$4m
Shares
16,202
Held
Spdr Gold TRGLD
Share
0.3%
Value
$4m
Shares
10,741
+11%
Goldman Sachs ETF TRGPIQ
Share
0.3%
Value
$4m
Shares
62,421
+10%
PIMCO Dynamic Income Opportunities FundPDO
Share
0.3%
Value
$4m
Shares
278,910
-9%
Palo Alto NetworksPANW
Share
0.3%
Value
$3m
Shares
10,137
-10%
Eli LillyLLY
Share
0.3%
Value
$3m
Shares
2,851
+5%
Ishares TRIWB
Share
0.3%
Value
$3m
Shares
8,151
Held
Sherwin-WilliamsSHW
Share
0.3%
Value
$3m
Shares
9,685
New
Select Sector Spdr TRXLK
Share
0.3%
Value
$3m
Shares
17,451
-9%
Applied MaterialsAMAT
Share
0.3%
Value
$3m
Shares
4,577
+2%
Invesco Exch Traded FD TR IIQQQM
Share
0.3%
Value
$3m
Shares
10,532
+22%
Vanguard Intl Equity Index FVEU
Share
0.3%
Value
$3m
Shares
37,526
+17%
BroadcomAVGO
Share
0.3%
Value
$3m
Shares
8,211
+7%
ExxonMobil HoldingsXOM
Share
0.2%
Value
$3m
Shares
21,261
+3%
CrowdStrike HoldingsCRWD
Share
0.2%
Value
$3m
Shares
3,773
-27%
Vanguard Index FDSVBK
Share
0.2%
Value
$3m
Shares
7,865
-8%
Costco WholesaleCOST
Share
0.2%
Value
$3m
Shares
3,069
Held
CencoraCOR
Share
0.2%
Value
$3m
Shares
9,945
Held
Ares CapitalARCC
Share
0.2%
Value
$3m
Shares
150,224
Held
Blackstone Secured Lending FundBXSL
Share
0.2%
Value
$3m
Shares
116,743
-9%
Advanced Micro DevicesAMD
Share
0.2%
Value
$3m
Shares
4,730
+4%
Select Sector Spdr TRXLI
Share
0.2%
Value
$3m
Shares
14,013
Held
CorningGLW
Share
0.2%
Value
$2m
Shares
9,241
Held
Blackrock Health Sciences TRXBMEX
Share
0.2%
Value
$2m
Shares
54,477
Held
Invesco Exchange Traded FD TRSPH
Share
0.2%
Value
$2m
Shares
69,287
Held
Southern CompanySO
Share
0.2%
Value
$2m
Shares
23,407
Held
Ssga Active ETF TRTOTL
Share
0.2%
Value
$2m
Shares
54,969
+3%
Select Sector Spdr TRXLE
Share
0.2%
Value
$2m
Shares
40,750
New
Vaneck ETF TrustSMH
Share
0.2%
Value
$2m
Shares
3,204
Held
OracleORCL
Share
0.2%
Value
$2m
Shares
14,277
Held
Energy Transfer L PET
Share
0.2%
Value
$2m
Shares
109,070
+2%
Ishares Bitcoin Trust ETFIBIT
Share
0.2%
Value
$2m
Shares
61,949
+5%
CaterpillarCAT
Share
0.2%
Value
$2m
Shares
1,884
+4%
Ishares TRIJJ
Share
0.2%
Value
$2m
Shares
13,500
-4%
Ishares TRIVW
Share
0.2%
Value
$2m
Shares
13,893
Held
Enterprise Products Partners L.P.EPD
Share
0.2%
Value
$2m
Shares
50,917
Held
VistraVST
Share
0.2%
Value
$2m
Shares
11,544
+14%
Procter & GamblePG
Share
0.1%
Value
$2m
Shares
12,320
+3%
WalmartWMT
Share
0.1%
Value
$2m
Shares
15,446
Held
Ishares TRITA
Share
0.1%
Value
$2m
Shares
7,206
Held
StrykerSYK
Share
0.1%
Value
$2m
Shares
5,460
Held
Blue Owl CapitalOBDC
Share
0.1%
Value
$2m
Shares
151,955
-3%
Invesco Exchange Traded FD TRSP
Share
0.1%
Value
$2m
Shares
7,713
+21%
Home DepotHD
Share
0.1%
Value
$2m
Shares
4,579
+16%
TeslaTSLA
Share
0.1%
Value
$2m
Shares
3,787
Held
Bank of AmericaBAC
Share
0.1%
Value
$2m
Shares
26,935
+4%
Vanguard Index FDSVTI
Share
0.1%
Value
$1m
Shares
3,991
Held

Company	Share of fund	Value	Shares	Change
J P Morgan Exchange Traded FJEPI	9.7%	$117m	2,079,263	+2%
Goldman Sachs ETF TRGPIX	7.9%	$95m	1,715,359	+7%
Vanguard Whitehall FDSVYM	5.0%	$60m	381,419	+8%
Ishares TRIVV	4.6%	$55m	73,512	+2%
J P Morgan Exchange Traded FJPIE	3.2%	$38m	829,529	+20%
Vanguard Specialized FundsVIG	3.0%	$37m	154,736	Held
AppleAAPL	2.7%	$33m	114,443	Held
Goldman Sachs ETF TRGSLC	2.5%	$30m	213,217	Held
Vanguard Admiral FDSVOOG	2.5%	$30m	358,268	Held
Vanguard Index FDSVO	2.4%	$29m	361,971	+3%
Vanguard World FDVGT	2.4%	$28m	237,662	Held
Ishares TRIJR	2.3%	$28m	187,775	+3%
Berkshire HathawayBRK-B	2.1%	$26m	51,523	-5%
AlphabetGOOGL	2.1%	$26m	71,543	+2%
J P Morgan Exchange Traded FJEPQ	2.0%	$24m	394,178	Held
Janus Detroit STR TRJAAA	2.0%	$24m	475,016	+15%
Vanguard Index FDSVUG	1.9%	$23m	266,465	+3%
T Rowe Price Exchange-TradedTCAF	1.6%	$19m	467,660	-4%
Amazon.comAMZN	1.5%	$18m	73,599	Held
NvidiaNVDA	1.3%	$15m	76,079	Held
Ishares TRIEFA	1.0%	$13m	129,666	Held
MicrosoftMSFT	1.0%	$12m	32,678	-2%
AlphabetGOOG	0.8%	$10m	28,762	Held
Nuveen Quality Municipal Income FundNAD	0.8%	$10m	813,878	-4%
Blackrock Muniyield Quality FundMQY	0.8%	$10m	838,561	-11%
J P Morgan Exchange Traded FJPST	0.8%	$10m	187,979	-7%
Ishares TRIWM	0.8%	$9m	30,306	Held
Capital Group Dividend ValueCGDV	0.7%	$9m	182,911	+44%
Price T Rowe GroupTROW	0.7%	$9m	78,711	Held
Ishares TRIWF	0.7%	$9m	69,769	Held
PIMCO Dynamic Income FundPDI	0.7%	$8m	501,259	-12%
Invesco QQQ TRQQQ	0.7%	$8m	11,154	+10%
Nuveen AMT-Free Municipal Credit Income FundNVG	0.7%	$8m	619,791	-3%
Vanguard Whitehall FDSVYMI	0.7%	$8m	80,745	+39%
RBB Fund TrustFEGE	0.6%	$8m	159,032	+6%
Meta PlatformsMETA	0.6%	$8m	13,666	+4%
VisaV	0.6%	$7m	20,732	Held
Spdr Series TrustSDY	0.6%	$7m	45,968	Held
Vanguard Index FDSVTV	0.6%	$7m	31,970	Held
Ishares TRIUSG	0.6%	$7m	36,272	Held
Invesco Exchange Traded FD TPRF	0.6%	$7m	122,805	-3%
Vanguard World FDVHT	0.5%	$6m	20,947	Held
Vanguard Index FDSVBR	0.5%	$6m	25,121	-3%
BlackstoneBX	0.5%	$6m	50,633	+62%
Ishares TRIWD	0.5%	$6m	23,407	Held
Vaneck ETF TrustMOAT	0.5%	$6m	54,482	-7%
Tri-ContinentalTY	0.4%	$5m	155,211	+2%
MastercardMA	0.4%	$5m	10,272	+5%
JPMorgan ChaseJPM	0.4%	$5m	14,225	+3%
Johnson & JohnsonJNJ	0.4%	$5m	18,006	+4%
State STR Spdr S&P 500 ETF TSPY	0.4%	$4m	5,988	+3%
American Centy ETF TRAVUV	0.4%	$4m	34,018	+61%
IsharesIEMG	0.3%	$4m	49,949	+10%
AbbVieABBV	0.3%	$4m	16,202	Held
Spdr Gold TRGLD	0.3%	$4m	10,741	+11%
Goldman Sachs ETF TRGPIQ	0.3%	$4m	62,421	+10%
PIMCO Dynamic Income Opportunities FundPDO	0.3%	$4m	278,910	-9%
Palo Alto NetworksPANW	0.3%	$3m	10,137	-10%
Eli LillyLLY	0.3%	$3m	2,851	+5%
Ishares TRIWB	0.3%	$3m	8,151	Held
Sherwin-WilliamsSHW	0.3%	$3m	9,685	New
Select Sector Spdr TRXLK	0.3%	$3m	17,451	-9%
Applied MaterialsAMAT	0.3%	$3m	4,577	+2%
Invesco Exch Traded FD TR IIQQQM	0.3%	$3m	10,532	+22%
Vanguard Intl Equity Index FVEU	0.3%	$3m	37,526	+17%
BroadcomAVGO	0.3%	$3m	8,211	+7%
ExxonMobil HoldingsXOM	0.2%	$3m	21,261	+3%
CrowdStrike HoldingsCRWD	0.2%	$3m	3,773	-27%
Vanguard Index FDSVBK	0.2%	$3m	7,865	-8%
Costco WholesaleCOST	0.2%	$3m	3,069	Held
CencoraCOR	0.2%	$3m	9,945	Held
Ares CapitalARCC	0.2%	$3m	150,224	Held
Blackstone Secured Lending FundBXSL	0.2%	$3m	116,743	-9%
Advanced Micro DevicesAMD	0.2%	$3m	4,730	+4%
Select Sector Spdr TRXLI	0.2%	$3m	14,013	Held
CorningGLW	0.2%	$2m	9,241	Held
Blackrock Health Sciences TRXBMEX	0.2%	$2m	54,477	Held
Invesco Exchange Traded FD TRSPH	0.2%	$2m	69,287	Held
Southern CompanySO	0.2%	$2m	23,407	Held
Ssga Active ETF TRTOTL	0.2%	$2m	54,969	+3%
Select Sector Spdr TRXLE	0.2%	$2m	40,750	New
Vaneck ETF TrustSMH	0.2%	$2m	3,204	Held
OracleORCL	0.2%	$2m	14,277	Held
Energy Transfer L PET	0.2%	$2m	109,070	+2%
Ishares Bitcoin Trust ETFIBIT	0.2%	$2m	61,949	+5%
CaterpillarCAT	0.2%	$2m	1,884	+4%
Ishares TRIJJ	0.2%	$2m	13,500	-4%
Ishares TRIVW	0.2%	$2m	13,893	Held
Enterprise Products Partners L.P.EPD	0.2%	$2m	50,917	Held
VistraVST	0.2%	$2m	11,544	+14%
Procter & GamblePG	0.1%	$2m	12,320	+3%
WalmartWMT	0.1%	$2m	15,446	Held
Ishares TRITA	0.1%	$2m	7,206	Held
StrykerSYK	0.1%	$2m	5,460	Held
Blue Owl CapitalOBDC	0.1%	$2m	151,955	-3%
Invesco Exchange Traded FD TRSP	0.1%	$2m	7,713	+21%
Home DepotHD	0.1%	$2m	4,579	+16%
TeslaTSLA	0.1%	$2m	3,787	Held
Bank of AmericaBAC	0.1%	$2m	26,935	+4%
Vanguard Index FDSVTI	0.1%	$1m	3,991	Held

Showing the largest 100 of 273.

Options (5)

State STR Spdr S&P 500 ETF TSPY
Type
Put
Value
$373,385
Contracts
500
Amazon.comAMZN
Type
Call
Value
$190,672
Contracts
800
MicrosoftMSFT
Type
Call
Value
$186,510
Contracts
500
ServiceNowNOW
Type
Call
Value
$99,280
Contracts
1,000
Robinhood MarketsHOOD
Type
Call
Value
$50,140
Contracts
500

Company	Type	Value	Contracts
State STR Spdr S&P 500 ETF TSPY	Put	$373,385	500
Amazon.comAMZN	Call	$190,672	800
MicrosoftMSFT	Call	$186,510	500
ServiceNowNOW	Call	$99,280	1,000
Robinhood MarketsHOOD	Call	$50,140	500

Over time and by industry

Value over time

Jun '25

Dec '25

Jun '26

Value is up 29.4% since 30 June 2025.

Where the money is

Technology7.9%

Financial services5.7%

Media & telecom3.7%

Retail & consumer2.0%

Health care1.8%

Industrials1.4%

Everyday goods0.9%

Utilities0.8%

Energy0.5%

Materials0.4%

Real estate0.2%

Other74.6%

From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.