Cornerstone Financial Management

BURLINGTON, MAfiles as Cornerstone Financial Management LLC

$125m in 1,471 US stocks at the end of 30 June 2026. The top 10 are 36.5% of the money. It changed about 6.7% of the portfolio this quarter.

Value

$125m

Stocks

1,471

Top 10 share

36.5%

Turnover

6.7%

What changed this quarter

New

Bought for the first time this quarter.

Spdr Series TrustSPYG
<0.1% of the fund
DuPont de NemoursDD
<0.1% of the fund
Honeywell InternationalHON
<0.1% of the fund
Honeywell AerospaceHONA
<0.1% of the fund
CarnivalCCL
<0.1% of the fund
Trekor MetalsTGB
<0.1% of the fund
Dimensional ETF TrustDISV
<0.1% of the fund
NVRNVR
<0.1% of the fund
Sunbelt Rentals HoldingsSUNB
<0.1% of the fund
Tompkins FinancialTMP
<0.1% of the fund
KnowlesKN
<0.1% of the fund
Canadian Pacific Kansas CityCP
<0.1% of the fund
Getty RealtyGTY
<0.1% of the fund
Provident Financial ServicesPFS
<0.1% of the fund
InvenTrust PropertiesIVT
<0.1% of the fund
Saul CentersBFS
<0.1% of the fund
Companhia de Saneamento BasiSBS
<0.1% of the fund
LTC PropertiesLTC
<0.1% of the fund
Curbline PropertiesCURB
<0.1% of the fund
LittelfuseLFUS
<0.1% of the fund
Invesco Exchange Traded FD TXLG
<0.1% of the fund
Companhia Paranaense de EnerELPC
<0.1% of the fund
Thomson Reuters Corp /canTRI
<0.1% of the fund
Capitol Federal FinancialCFFN
<0.1% of the fund
FedEx Freight Holding CompanyFDXF
<0.1% of the fund

Added

Bought more of a stock they already held.

Ishares TREFG
2.3% of the fund
+5%
Ishares TREFV
2.2% of the fund
+5%
AppleAAPL
1.8% of the fund
+8%
Vanguard Scottsdale FDSVCSH
1.7% of the fund
+4%
Vanguard Scottsdale FDSVCIT
1.7% of the fund
+6%
Unified SER TROAIM
1.6% of the fund
+22%
Nushares ETF TRNULG
1.4% of the fund
+7%
Ishares TRIWP
1.3% of the fund
+3%
Vanguard Intl Equity Index FVWO
1.3% of the fund
+3%
Ishares TRDMXF
1.1% of the fund
+6%
Columbia ETF TR IEQIN
1.1% of the fund
+6%
AlphabetGOOGL
1.1% of the fund
+18%
Ishares TRXVV
1.0% of the fund
+14%
MicrosoftMSFT
0.8% of the fund
+12%
Fidelity Covington TrustFESM
0.8% of the fund
+7%
NvidiaNVDA
0.7% of the fund
+44%
Amazon.comAMZN
0.6% of the fund
+22%
Johnson & JohnsonJNJ
0.6% of the fund
+5%
NextEra EnergyNEE
0.5% of the fund
+280%
Vanguard Wellington FDVTES
0.5% of the fund
+4%
BroadcomAVGO
0.4% of the fund
+11%
Berkshire HathawayBRK-B
0.4% of the fund
+10%
IntelINTC
0.4% of the fund
+9%
Eli LillyLLY
0.3% of the fund
+19%
Nushares ETF TRNUMV
0.3% of the fund
+4%

Cut

Sold some of their stake.

Vanguard Scottsdale FDSVGSH
4.3% of the fund
-2%
Vanguard Scottsdale FDSVGIT
4.1% of the fund
-2%
Vanguard World FDMGC
3.2% of the fund
-3%
Vanguard Scottsdale FDSVMBS
3.2% of the fund
-2%
Timothy PlanTPLC
1.7% of the fund
-11%
Vanguard Whitehall FDSVYM
1.1% of the fund
-3%
Northern LTS FD TR IVIBD
1.0% of the fund
-13%
Northern LTS FD TR IVISMD
0.9% of the fund
-11%
State STR Spdr S&P 500 ETF TSPY
0.9% of the fund
-21%
Ishares TRIWB
0.8% of the fund
-4%
JPMorgan ChaseJPM
0.8% of the fund
-4%
Ishares TRSTIP
0.6% of the fund
-4%
Ishares TRIJH
0.3% of the fund
-7%
Vanguard Scottsdale FDSVTWG
0.3% of the fund
-7%
Ishares TRDGRO
0.3% of the fund
-4%
Ishares TRIWF
0.3% of the fund
-2%
Vanguard Russell 2000VTWV
0.3% of the fund
-5%
Ishares TRIJR
0.2% of the fund
-7%
Ishares TRIWC
0.2% of the fund
-5%
Ishares TRTFLO
0.1% of the fund
-6%
Lockheed MartinLMT
0.1% of the fund
-2%
Northern LTS FD TR IVWWJD
0.1% of the fund
-66%
ChevronCVX
0.1% of the fund
-8%
Ishares TRSUB
<0.1% of the fund
-27%
Ishares TRIWD
<0.1% of the fund
-7%

Sold out

Sold their entire stake.

ExxonMobil HoldingsXOM
-100%
Vanguard World FDVHT
-100%
Blue Owl CapitalOBDC
-100%
DuPont de NemoursDD
-100%
Honeywell InternationalHON
-100%
Taseko Mines
-100%
Carnival PLC ADS
-100%
Thomson Reuters
-100%
Hafnia LTD SHS
-100%
Carnival
-100%
Terns Pharmaceuticals
-100%
Coterra EnergyCTRA
-100%
Western UnionWU
-100%
Arcellx
-100%
Procore TechnologiesPCOR
-100%
Brown FormanBF-B
-100%
Black HillsBKH
-100%
ParsonsPSN
-100%
WD 40WDFC
-100%
PerrigoPRGO
-100%
Rentokil InitialRTO
-100%
Masimo
-100%
Q2 HoldingsQTWO
-100%
BILL HoldingsBILL
-100%
DXC TechnologyDXC
-100%

Holdings

Vanguard World FDMGV
Share
4.9%
Value
$6m
Shares
37,580
Held
Vanguard World FDMGK
Share
4.7%
Value
$6m
Shares
66,353
Held
Vanguard Scottsdale FDSVGSH
Share
4.3%
Value
$5m
Shares
91,769
-2%
Vanguard Scottsdale FDSVGIT
Share
4.1%
Value
$5m
Shares
87,675
-2%
Schwab Strategic TRSCHX
Share
3.7%
Value
$5m
Shares
155,383
Held
First TR Exchange-Traded FDLMBS
Share
3.2%
Value
$4m
Shares
80,173
Held
Vanguard World FDMGC
Share
3.2%
Value
$4m
Shares
14,553
-3%
Vanguard Scottsdale FDSVMBS
Share
3.2%
Value
$4m
Shares
84,458
-2%
Vanguard Specialized FundsVIG
Share
3.0%
Value
$4m
Shares
15,608
Held
Ishares TREFG
Share
2.3%
Value
$3m
Shares
23,001
+5%
Ishares TREFV
Share
2.2%
Value
$3m
Shares
36,079
+5%
AppleAAPL
Share
1.8%
Value
$2m
Shares
7,544
+8%
Vanguard Scottsdale FDSVCSH
Share
1.7%
Value
$2m
Shares
27,201
+4%
Vanguard Index FDSVO
Share
1.7%
Value
$2m
Shares
26,410
Held
Vanguard Scottsdale FDSVCIT
Share
1.7%
Value
$2m
Shares
25,341
+6%
Timothy PlanTPLC
Share
1.7%
Value
$2m
Shares
41,296
-11%
Praxis FDSPRXG
Share
1.6%
Value
$2m
Shares
51,650
Held
Unified SER TROAIM
Share
1.6%
Value
$2m
Shares
41,087
+22%
Vanguard Admiral FDSIVOV
Share
1.4%
Value
$2m
Shares
14,940
Held
Nushares ETF TRNULG
Share
1.4%
Value
$2m
Shares
14,395
+7%
Ishares TRIWP
Share
1.3%
Value
$2m
Shares
11,444
+3%
J P Morgan Exchange Traded FJPIE
Share
1.3%
Value
$2m
Shares
35,912
Held
Vanguard Intl Equity Index FVWO
Share
1.3%
Value
$2m
Shares
26,457
+3%
Vanguard MUN BD FDSVTEB
Share
1.2%
Value
$1m
Shares
29,248
Held
Ishares TRDMXF
Share
1.1%
Value
$1m
Shares
16,897
+6%
Columbia ETF TR IEQIN
Share
1.1%
Value
$1m
Shares
27,466
+6%
AlphabetGOOGL
Share
1.1%
Value
$1m
Shares
3,935
+18%
Vanguard Whitehall FDSVYM
Share
1.1%
Value
$1m
Shares
8,353
-3%
Northern LTS FD TR IVIBD
Share
1.0%
Value
$1m
Shares
53,339
-13%
Ishares U S ETF TRMEAR
Share
1.0%
Value
$1m
Shares
24,664
Held
Ishares TRXVV
Share
1.0%
Value
$1m
Shares
21,718
+14%
Northern LTS FD TR IVISMD
Share
0.9%
Value
$1m
Shares
23,462
-11%
State STR Spdr S&P 500 ETF TSPY
Share
0.9%
Value
$1m
Shares
1,541
-21%
Vanguard Index FDSVTI
Share
0.9%
Value
$1m
Shares
3,034
Held
MicrosoftMSFT
Share
0.8%
Value
$1m
Shares
2,782
+12%
Ishares TRIWB
Share
0.8%
Value
$1m
Shares
2,498
-4%
JPMorgan ChaseJPM
Share
0.8%
Value
$997,047
Shares
3,046
-4%
Fidelity Covington TrustFESM
Share
0.8%
Value
$940,913
Shares
19,485
+7%
NvidiaNVDA
Share
0.7%
Value
$917,613
Shares
4,586
+44%
Ishares TRIVV
Share
0.7%
Value
$812,546
Shares
1,085
Held
Amazon.comAMZN
Share
0.6%
Value
$735,041
Shares
3,084
+22%
Ishares TRSTIP
Share
0.6%
Value
$716,472
Shares
7,013
-4%
Johnson & JohnsonJNJ
Share
0.6%
Value
$699,687
Shares
2,755
+5%
Ishares TRITOT
Share
0.5%
Value
$657,080
Shares
4,000
Held
NextEra EnergyNEE
Share
0.5%
Value
$631,066
Shares
7,190
+280%
Vanguard Wellington FDVTES
Share
0.5%
Value
$599,958
Shares
5,922
+4%
BroadcomAVGO
Share
0.4%
Value
$542,071
Shares
1,435
+11%
Vanguard Tax-Managed FDSVEA
Share
0.4%
Value
$456,713
Shares
6,410
Held
Berkshire HathawayBRK-B
Share
0.4%
Value
$455,355
Shares
910
+10%
IntelINTC
Share
0.4%
Value
$443,744
Shares
3,178
+9%
Vanguard Index FDSVUG
Share
0.3%
Value
$434,146
Shares
5,040
Held
Ishares TRESML
Share
0.3%
Value
$432,531
Shares
7,733
Held
Eli LillyLLY
Share
0.3%
Value
$426,997
Shares
356
+19%
Nushares ETF TRNUMV
Share
0.3%
Value
$422,894
Shares
9,724
+4%
UnitedHealth GroupUNH
Share
0.3%
Value
$404,824
Shares
974
+7%
Ishares TRIEFA
Share
0.3%
Value
$402,545
Shares
4,168
Held
Ishares TRSUSC
Share
0.3%
Value
$401,536
Shares
17,344
+11%
Ishares TRIJH
Share
0.3%
Value
$393,569
Shares
5,104
-7%
Vanguard Whitehall FDSVYMI
Share
0.3%
Value
$389,068
Shares
3,962
Held
Vanguard Scottsdale FDSVTWG
Share
0.3%
Value
$388,868
Shares
1,352
-7%
Ishares TRSUSB
Share
0.3%
Value
$387,400
Shares
15,502
+11%
Ishares TRDGRO
Share
0.3%
Value
$379,697
Shares
5,010
-4%
PepsiCoPEP
Share
0.3%
Value
$369,913
Shares
2,732
Held
IsharesESGE
Share
0.3%
Value
$368,068
Shares
6,730
+3%
Coca-ColaKO
Share
0.3%
Value
$366,284
Shares
4,507
+6%
Cisco SystemsCSCO
Share
0.3%
Value
$361,659
Shares
3,079
+9%
Micron TechnologyMU
Share
0.3%
Value
$348,596
Shares
302
+30%
Darden RestaurantsDRI
Share
0.3%
Value
$336,620
Shares
1,634
Held
Ishares TRIWF
Share
0.3%
Value
$334,762
Shares
2,696
-2%
Vanguard Russell 2000VTWV
Share
0.3%
Value
$325,465
Shares
1,665
-5%
MastercardMA
Share
0.3%
Value
$314,837
Shares
613
+6%
Vanguard Intl Equity Index FVT
Share
0.2%
Value
$306,053
Shares
1,950
Held
WelltowerWELL
Share
0.2%
Value
$299,146
Shares
1,318
+4%
WalmartWMT
Share
0.2%
Value
$296,288
Shares
2,616
+7%
Ishares TRSCZ
Share
0.2%
Value
$292,442
Shares
3,555
Held
Home DepotHD
Share
0.2%
Value
$284,965
Shares
808
Held
Meta PlatformsMETA
Share
0.2%
Value
$266,436
Shares
473
+28%
Ishares TRIJR
Share
0.2%
Value
$259,394
Shares
1,749
-7%
Ishares TRIUSG
Share
0.2%
Value
$253,922
Shares
1,350
Held
Taiwan Semiconductor ManufacturingTSM
Share
0.2%
Value
$247,381
Shares
518
+21%
Bank of AmericaBAC
Share
0.2%
Value
$222,279
Shares
3,901
+8%
Ishares TRIWC
Share
0.2%
Value
$220,037
Shares
1,100
-5%
Vanguard Index FDSVBR
Share
0.2%
Value
$215,775
Shares
888
Held
VisaV
Share
0.2%
Value
$203,109
Shares
592
+25%
TeslaTSLA
Share
0.2%
Value
$190,952
Shares
454
+61%
Vanguard Index FDSVOO
Share
0.1%
Value
$185,304
Shares
270
Held
Fidelity Covington TrustFTEC
Share
0.1%
Value
$183,628
Shares
643
Held
Ishares TRTFLO
Share
0.1%
Value
$183,013
Shares
3,615
-6%
Vanguard Index FDSVTV
Share
0.1%
Value
$171,075
Shares
785
Held
Lockheed MartinLMT
Share
0.1%
Value
$167,103
Shares
328
-2%
AmgenAMGN
Share
0.1%
Value
$166,213
Shares
459
+7%
Vanguard Index FDSVBK
Share
0.1%
Value
$159,080
Shares
435
Held
Ishares TRDVY
Share
0.1%
Value
$156,300
Shares
1,000
Held
Novartis AGNVS
Share
0.1%
Value
$153,586
Shares
980
+12%
Verizon CommunicationsVZ
Share
0.1%
Value
$151,069
Shares
3,568
+6%
Advanced Micro DevicesAMD
Share
0.1%
Value
$148,713
Shares
256
+77%
Morgan StanleyMS
Share
0.1%
Value
$147,582
Shares
706
+11%
Vanguard Index FDSVOT
Share
0.1%
Value
$146,425
Shares
478
+8%
American Electric PowerAEP
Share
0.1%
Value
$142,419
Shares
1,041
+225%
Costco WholesaleCOST
Share
0.1%
Value
$142,191
Shares
152
+16%

Company	Share of fund	Value	Shares	Change
Vanguard World FDMGV	4.9%	$6m	37,580	Held
Vanguard World FDMGK	4.7%	$6m	66,353	Held
Vanguard Scottsdale FDSVGSH	4.3%	$5m	91,769	-2%
Vanguard Scottsdale FDSVGIT	4.1%	$5m	87,675	-2%
Schwab Strategic TRSCHX	3.7%	$5m	155,383	Held
First TR Exchange-Traded FDLMBS	3.2%	$4m	80,173	Held
Vanguard World FDMGC	3.2%	$4m	14,553	-3%
Vanguard Scottsdale FDSVMBS	3.2%	$4m	84,458	-2%
Vanguard Specialized FundsVIG	3.0%	$4m	15,608	Held
Ishares TREFG	2.3%	$3m	23,001	+5%
Ishares TREFV	2.2%	$3m	36,079	+5%
AppleAAPL	1.8%	$2m	7,544	+8%
Vanguard Scottsdale FDSVCSH	1.7%	$2m	27,201	+4%
Vanguard Index FDSVO	1.7%	$2m	26,410	Held
Vanguard Scottsdale FDSVCIT	1.7%	$2m	25,341	+6%
Timothy PlanTPLC	1.7%	$2m	41,296	-11%
Praxis FDSPRXG	1.6%	$2m	51,650	Held
Unified SER TROAIM	1.6%	$2m	41,087	+22%
Vanguard Admiral FDSIVOV	1.4%	$2m	14,940	Held
Nushares ETF TRNULG	1.4%	$2m	14,395	+7%
Ishares TRIWP	1.3%	$2m	11,444	+3%
J P Morgan Exchange Traded FJPIE	1.3%	$2m	35,912	Held
Vanguard Intl Equity Index FVWO	1.3%	$2m	26,457	+3%
Vanguard MUN BD FDSVTEB	1.2%	$1m	29,248	Held
Ishares TRDMXF	1.1%	$1m	16,897	+6%
Columbia ETF TR IEQIN	1.1%	$1m	27,466	+6%
AlphabetGOOGL	1.1%	$1m	3,935	+18%
Vanguard Whitehall FDSVYM	1.1%	$1m	8,353	-3%
Northern LTS FD TR IVIBD	1.0%	$1m	53,339	-13%
Ishares U S ETF TRMEAR	1.0%	$1m	24,664	Held
Ishares TRXVV	1.0%	$1m	21,718	+14%
Northern LTS FD TR IVISMD	0.9%	$1m	23,462	-11%
State STR Spdr S&P 500 ETF TSPY	0.9%	$1m	1,541	-21%
Vanguard Index FDSVTI	0.9%	$1m	3,034	Held
MicrosoftMSFT	0.8%	$1m	2,782	+12%
Ishares TRIWB	0.8%	$1m	2,498	-4%
JPMorgan ChaseJPM	0.8%	$997,047	3,046	-4%
Fidelity Covington TrustFESM	0.8%	$940,913	19,485	+7%
NvidiaNVDA	0.7%	$917,613	4,586	+44%
Ishares TRIVV	0.7%	$812,546	1,085	Held
Amazon.comAMZN	0.6%	$735,041	3,084	+22%
Ishares TRSTIP	0.6%	$716,472	7,013	-4%
Johnson & JohnsonJNJ	0.6%	$699,687	2,755	+5%
Ishares TRITOT	0.5%	$657,080	4,000	Held
NextEra EnergyNEE	0.5%	$631,066	7,190	+280%
Vanguard Wellington FDVTES	0.5%	$599,958	5,922	+4%
BroadcomAVGO	0.4%	$542,071	1,435	+11%
Vanguard Tax-Managed FDSVEA	0.4%	$456,713	6,410	Held
Berkshire HathawayBRK-B	0.4%	$455,355	910	+10%
IntelINTC	0.4%	$443,744	3,178	+9%
Vanguard Index FDSVUG	0.3%	$434,146	5,040	Held
Ishares TRESML	0.3%	$432,531	7,733	Held
Eli LillyLLY	0.3%	$426,997	356	+19%
Nushares ETF TRNUMV	0.3%	$422,894	9,724	+4%
UnitedHealth GroupUNH	0.3%	$404,824	974	+7%
Ishares TRIEFA	0.3%	$402,545	4,168	Held
Ishares TRSUSC	0.3%	$401,536	17,344	+11%
Ishares TRIJH	0.3%	$393,569	5,104	-7%
Vanguard Whitehall FDSVYMI	0.3%	$389,068	3,962	Held
Vanguard Scottsdale FDSVTWG	0.3%	$388,868	1,352	-7%
Ishares TRSUSB	0.3%	$387,400	15,502	+11%
Ishares TRDGRO	0.3%	$379,697	5,010	-4%
PepsiCoPEP	0.3%	$369,913	2,732	Held
IsharesESGE	0.3%	$368,068	6,730	+3%
Coca-ColaKO	0.3%	$366,284	4,507	+6%
Cisco SystemsCSCO	0.3%	$361,659	3,079	+9%
Micron TechnologyMU	0.3%	$348,596	302	+30%
Darden RestaurantsDRI	0.3%	$336,620	1,634	Held
Ishares TRIWF	0.3%	$334,762	2,696	-2%
Vanguard Russell 2000VTWV	0.3%	$325,465	1,665	-5%
MastercardMA	0.3%	$314,837	613	+6%
Vanguard Intl Equity Index FVT	0.2%	$306,053	1,950	Held
WelltowerWELL	0.2%	$299,146	1,318	+4%
WalmartWMT	0.2%	$296,288	2,616	+7%
Ishares TRSCZ	0.2%	$292,442	3,555	Held
Home DepotHD	0.2%	$284,965	808	Held
Meta PlatformsMETA	0.2%	$266,436	473	+28%
Ishares TRIJR	0.2%	$259,394	1,749	-7%
Ishares TRIUSG	0.2%	$253,922	1,350	Held
Taiwan Semiconductor ManufacturingTSM	0.2%	$247,381	518	+21%
Bank of AmericaBAC	0.2%	$222,279	3,901	+8%
Ishares TRIWC	0.2%	$220,037	1,100	-5%
Vanguard Index FDSVBR	0.2%	$215,775	888	Held
VisaV	0.2%	$203,109	592	+25%
TeslaTSLA	0.2%	$190,952	454	+61%
Vanguard Index FDSVOO	0.1%	$185,304	270	Held
Fidelity Covington TrustFTEC	0.1%	$183,628	643	Held
Ishares TRTFLO	0.1%	$183,013	3,615	-6%
Vanguard Index FDSVTV	0.1%	$171,075	785	Held
Lockheed MartinLMT	0.1%	$167,103	328	-2%
AmgenAMGN	0.1%	$166,213	459	+7%
Vanguard Index FDSVBK	0.1%	$159,080	435	Held
Ishares TRDVY	0.1%	$156,300	1,000	Held
Novartis AGNVS	0.1%	$153,586	980	+12%
Verizon CommunicationsVZ	0.1%	$151,069	3,568	+6%
Advanced Micro DevicesAMD	0.1%	$148,713	256	+77%
Morgan StanleyMS	0.1%	$147,582	706	+11%
Vanguard Index FDSVOT	0.1%	$146,425	478	+8%
American Electric PowerAEP	0.1%	$142,419	1,041	+225%
Costco WholesaleCOST	0.1%	$142,191	152	+16%

Showing the largest 100 of 1,471.

Over time and by industry

Value over time

Dec '25

Jun '26

Value is up 17.1% since 31 December 2025.

Where the money is

Technology6.8%

Financial services3.2%

Health care2.5%

Retail & consumer1.8%

Media & telecom1.8%

Industrials1.6%

Everyday goods1.4%

Utilities1.0%

Real estate0.6%

Energy0.6%

Materials0.4%

Other78.4%

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.