Cornerstone Advisory, LLC

Registered adviser

CIK

1668189

Location

HUNT VALLEY, MD

Portfolio Value

Mid $1,205,456,602

Diversification

Diversified

Filing Date

Global Rank

#2,220 / 8,818 ▲ 25

Top Industry

Asset Management 21.6%

Period ended 4 months ago

Filed Jul 29, 2026 · 3mo

26 quarters · since Mar 2020

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Registered adviser

Form ADV roster, Oct 1, 2026

Form ADV adviser

CRD 142359

Roster of Oct 1, 2026

Regulatory AUM

$2,249,006,784

Main clients

Individuals and high net worth (90% of AUM)

Private funds

1 fund · Hedge funds

Focus by fund count, roster of Oct 1, 2026

$30,427,347 gross assets

LEI

549300TFO6LP2URYDW37

Private funds on Schedule D 7.B.(1)

As filed Jun 24, 2024; SEC's bulk Form ADV archive ends with 2024 filings.

$24,489,223 gross assets in 1 fund Hedge funds $24,489,223 (1)

Form ADV history

Monthly rosters from Dec 2019; each row is a run with the same figures, newest first.

Rosters	Regulatory AUM	Main clients
Apr 2026 to Oct 2026	$2,249,006,784	Individuals and high net worth (90%)
Apr 2025 to Mar 2026	$2,012,336,108	Individuals and high net worth (83%)
Apr 2024 to Mar 2025	$1,741,867,186	Individuals and high net worth (76%)
May 2023 to Mar 2024	$1,515,979,056	Individuals and high net worth (83%)
Apr 2023	$1,515,979,056	Individuals and high net worth (83%)
Apr 2022 to Mar 2023	$1,702,231,855	Individuals and high net worth (81%)

4 earlier changes not shown.

Portfolio style

Measured from the filed 13F common-share book for Jun 30, 2026, never from the firm's own description.

Style

Concentrated

The top 10 positions are 63.9% of the book (60%+)

Turnover

Low turnover

8.7% over the last four quarters (under 30%)

Horizon

Long horizon

Value-weighted holding period 21.3 quarters (12+), a floor since 56.0% of the book was already held when coverage starts

Closest benchmark: every 13F filer's combined book, active share 69.0%; sector active share 56.3% against the combined 13F book's sector weights.

Over time 26 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

273 tracked positions · as of Jun 30, 2026 · Δ vs Mar 31, 2026

Top Position

15.7%

−1.7 pts

Top 5

49.7%

−1.5 pts

Top 10

63.8%

−1.2 pts

HHI

633

Diversified−47

Portfolio Trend

26 quarters · across all stocks

Sector Breakdown

As of Jun 30, 2026

Sector	% Portfolio	Value	Positions
Unclassified	69.1%	$833,059,347	84
Financial Services	11.1%	$133,616,237	54
Technology	8.0%	$96,901,842	38
Communication Services	3.7%	$44,780,249	6
Consumer Cyclical	2.0%	$23,988,434	8
Healthcare	1.8%	$22,139,837	17
Industrials	1.3%	$15,455,704	25
Consumer Defensive	0.9%	$10,742,757	11
Energy	0.8%	$9,889,039	9
Utilities	0.7%	$8,365,152	11
Basic Materials	0.4%	$4,559,837	5
Real Estate	0.2%	$1,958,167	5

Last Quarter's Activity

Export CSV

Jun 30, 2026 vs Mar 31, 2026

Added To

Positions the filer increased

25 positions

Ticker	Company	Δ Shares	Shares	Value
VOOG	VANGUARD S&P 500 GROWTH INDEX FUND	+298,037	358,268	$29,600,102
VO	VANGUARD MID-CAP INDEX FUND	+273,778	361,971	$29,164,003
VUG	VANGUARD GROWTH INDEX FUND	+223,435	266,465	$22,953,295
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	+208,466	237,662	$28,405,362
JPIE	JPMorgan Income ETF	+140,939	829,529	$38,199,810
GPIX	Goldman Sachs S&P 500 Premium Income ETF	+116,042	1,715,359	$95,322,499
JAAA	Janus Henderson AAA CLO ETF	+61,442	475,016	$23,983,557
CGDV	Capital Group Dividend Value ETF	+56,035	182,911	$9,013,854
IWF	iShares Russell 1000 Growth ETF	+52,310	69,769	$8,663,216
JEPI	JPMorgan Equity Premium Income ETF	+48,703	2,079,263	$117,436,774
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	+27,699	381,419	$60,275,644
VYMI	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND	+22,846	80,745	$7,929,159
BX	Blackstone Inc.	+19,390	50,633	$5,957,985
AVUV	Avantis U.S. Small Cap Value ETF	+12,850	34,018	$4,244,085
FEGE	First Eagle Global Equity ETF	+8,628	159,032	$7,779,845
—		+8,027	16,054	$901,592
QXO	QXO, Inc.	+7,820	49,322	$852,284
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	+6,561	394,178	$24,226,179
GPIQ	Goldman Sachs Nasdaq-100 Premium Income ETF	+5,922	62,421	$3,702,189
VEU	Vanguard International Equity Index Funds	+5,505	37,526	$3,142,802
IJR	iShares Core S&P Small-Cap ETF	+4,658	187,775	$27,848,910
IEMG	iShares Trust	+4,450	49,949	$4,137,775
TY	TRI-CONTINENTAL Corp	+3,640	155,211	$5,342,362
ETW	Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund	+3,500	23,597	$227,475
IBIT	iShares Bitcoin Trust ETF	+3,176	61,949	$2,062,282
No positions match the current search.

Trimmed

Positions the filer reduced

25 positions

Ticker	Company	Δ Shares	Shares	Value
CHY	Calamos Convertible & High Income Fund	−173,997	104,500	$1,423,290
MQY	Blackrock Muniyield Quality Fund, Inc.	−104,422	838,561	$9,727,307
PDI	PIMCO Dynamic Income Fund	−67,405	501,259	$8,371,025
NAD	Nuveen Quality Municipal Income Fund	−33,548	813,878	$9,864,201
PDO	PIMCO Dynamic Income Opportunities Fund	−27,132	278,910	$3,687,190
TCAF	T. Rowe Price Capital Appreciation Equity ETF	−18,800	467,660	$19,220,826
OCSL	Oaktree Specialty Lending Corp	−18,791	24,911	$297,437
NVG	Nuveen AMT-Free Municipal Credit Income Fund	−16,682	619,791	$7,933,324
JPST	JPMorgan Ultra-Short Income ETF	−13,361	187,979	$9,506,098
BXSL	Blackstone Secured Lending Fund	−11,941	116,743	$2,767,976
VOYG	Voyager Technologies, Inc.	−11,118	9,151	$295,119
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	−7,688	8,113	$425,202
PSF	Cohen & Steers Select Preferred & Income Fund, Inc.	−6,000	14,000	$281,820
SHEN	Shenandoah Telecommunications Co	−3,975	28,146	$424,441
MOAT	VanEck Morningstar Wide Moat ETF	−3,946	54,482	$5,663,948
OBDC	Blue Owl Capital Corp	−3,945	151,955	$1,651,750
PRF	Victory Portfolios II	−3,751	122,805	$6,635,154
BRK-B	Berkshire Hathaway Inc	−2,679	51,523	$25,781,593
BIP	Brookfield Infrastructure Partners L.P.	−1,894	9,397	$342,896
HON	Honeywell International Inc	−1,857	1,252	$280,322
GSLC	Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF	−1,734	213,217	$30,253,360
XLK	State Street(R) Technology Select Sector SPDR(R) ETF	−1,649	17,451	$3,324,764
CRWD	CrowdStrike Holdings, Inc.	−1,407	3,773	$2,879,327
BN	BROOKFIELD Corp	−1,371	20,012	$852,311
TROW	Price T Rowe Group Inc	−1,323	78,711	$8,948,653
No positions match the current search.

New Positions

Positions the filer opened this quarter

25 positions

Ticker	Company	Shares	Value
SHW	Sherwin Williams Co	9,685	$3,334,739
XLE	State Street(R) Energy Select Sector SPDR(R) ETF	40,750	$2,164,232
BIZD	VanEck BDC Income ETF	68,800	$871,008
SPCX	Space Exploration Technologies Corp	2,777	$474,478
WDC	Western Digital Corp	586	$374,289
ANET	Arista Networks, Inc.	1,906	$323,791
TXN	Texas Instruments Inc	1,045	$311,483
HONA	Honeywell Aerospace Inc.	1,288	$284,751
SNDK	Sandisk Corp	122	$277,395
MSTR	Strategy Inc	3,080	$267,744
RSPT	Victory Portfolios II	4,060	$261,870
RPG	Victory Portfolios II	4,000	$255,400
APPN	Appian Corp	10,551	$241,617
ADI	Analog Devices Inc	583	$231,550
PNC	Pnc Financial Services Group, Inc.	938	$230,954
AUB	Atlantic Union Bankshares Corp	5,292	$223,904
VV	VANGUARD LARGE-CAP INDEX FUND	651	$223,885
NTRS	Northern Trust Corp	1,276	$221,819
C	Citigroup Inc	1,583	$221,556
—		897	$220,850
CMI	Cummins Inc	308	$219,668
MDY	Spdr S&P Midcap 400 ETF Trust	304	$213,815
KMB	Kimberly Clark Corp	1,885	$206,916
MDLZ	Mondelez International, Inc.	3,571	$206,546
STX	Seagate Technology Holdings plc	214	$206,510
No positions match the current search.

Sold Out

Positions the filer fully exited

14 positions

Ticker	Company	Shares	Value
BOND	PIMCO Active Bond Exchange-Traded Fund	42,269	$3,900,583
NYF	iShares New York Muni Bond ETF	12,144	$645,089
AM	Antero Midstream Corp	18,125	$413,250
AKRE	Professionally Managed Portfolios	7,169	$378,881
VZ	Verizon Communications Inc	5,704	$286,340
T	At&T Inc.	9,487	$275,028
ARES	Ares Management Corp	2,420	$264,022
KHC	Kraft Heinz Co	10,413	$234,188
PFE	Pfizer Inc	8,298	$233,007
ISTB	iShares Core 1-5 Year USD Bond ETF	4,605	$223,158
LOW	Lowes Companies Inc	933	$220,449
AKAM	Akamai Technologies Inc	1,893	$217,411
TMUS	T-Mobile US, Inc.	1,016	$213,390
DFLV	Dimensional US Large Cap Value ETF	5,939	$212,081
No positions match the current search.

Portfolio Positions

Compact Export CSV View 13F filing

273 tracked positions · $1,205,456,602 total · filing declares 278 positions · $1,205,454,694 · as of Jun 30, 2026

All sectors Basic Materials Communication Services Consumer Cyclical Consumer Defensive Energy Financial Services Healthcare Industrials Real Estate Technology Utilities

Showing 1–50 of 273 positions by value · page 1 of 6

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
JEPI	JPMorgan Equity Premium Income ETF	Added	2,079,263	+48,703	$117,436,774	+2.0%	25	unpriced	9.74%
GPIX	Goldman Sachs S&P 500 Premium Income ETF	Added	1,715,359	+116,042	$95,322,499	+19.1%	10	$50.07	7.91%
VYM	VANGUARD HIGH DIVIDEND YIELD INDEX FUND	Added	381,419	+27,699	$60,275,644	+15.1%	26+	before history	5.00%
IVV	iShares Core S&P 500 ETF	Added	73,512	+1,580	$55,052,401	+17.2%	26+	before history	4.57%
JPIE	JPMorgan Income ETF	Added	829,529	+140,939	$38,199,810	+20.4%	15	$45.95	3.17%
VIG	Vanguard Specialized Funds	Added	154,736	+85	$36,613,632	+10.1%	26+	before history	3.04%
AAPL	Apple Inc. Technology	Added	114,443	+226	$33,115,226	+14.2%	26+	before history	2.75%
GSLC	Goldman Sachs ActiveBeta(R) U.S. Large Cap Equity ETF	Reduced	213,217	-1,734	$30,253,360	+12.5%	26+	before history	2.51%
VOOG	VANGUARD S&P 500 GROWTH INDEX FUND	Added	358,268	+298,037	$29,600,102	+20.5%	26+	before history	2.46%
VO	VANGUARD MID-CAP INDEX FUND	Added	361,971	+273,778	$29,164,003	+15.1%	26+	before history	2.42%
VGT	VANGUARD INFORMATION TECHNOLOGY INDEX FUND	Added	237,662	+208,466	$28,405,362	—	26+	before history	2.36%
IJR	iShares Core S&P Small-Cap ETF	Added	187,775	+4,658	$27,848,910	+22.3%	26+	before history	2.31%
BRK-B	Berkshire Hathaway Inc Financial Services	Reduced	51,523	-2,679	$25,781,593	−0.7%	26+	before history	2.14%
GOOGL	Alphabet Inc. Communication Services	Added	71,543	+1,496	$25,567,321	+26.9%	26+	before history	2.12%
JEPQ	JPMorgan Nasdaq Equity Premium Income ETF	Added	394,178	+6,561	$24,226,179	+12.6%	17	$49.40	2.01%
JAAA	Janus Henderson AAA CLO ETF	Added	475,016	+61,442	$23,983,557	+15.1%	14	$50.60	1.99%
VUG	VANGUARD GROWTH INDEX FUND	Added	266,465	+223,435	$22,953,295	+22.1%	26+	before history	1.90%
TCAF	T. Rowe Price Capital Appreciation Equity ETF	Reduced	467,660	-18,800	$19,220,826	+11.0%	12	$27.42	1.59%
AMZN	Amazon Com Inc CALL + SHARES Consumer Cyclical	Added	74,399	+849	$17,732,257	+15.8%	26+	before history	1.47%
NVDA	Nvidia Corp Technology	Added	76,079	+1,180	$15,222,647	+16.5%	21	unpriced	1.26%
IEFA	iShares Core MSCI EAFE ETF	Added	129,666	+1,501	$12,523,142	+7.9%	20	unpriced	1.04%
MSFT	Microsoft Corp CALL + SHARES Technology	Reduced	33,178	-743	$12,376,057	−1.4%	26+	before history	1.03%
GOOG	Alphabet Inc. Communication Services	Reduced	28,762	-330	$10,162,477	+21.8%	26+	before history	0.84%
NAD	Nuveen Quality Municipal Income Fund Financial Services	Reduced	813,878	-33,548	$9,864,201	+1.2%	21	$12.28	0.82%
MQY	Blackrock Muniyield Quality Fund, Inc. Financial Services	Reduced	838,561	-104,422	$9,727,307	−6.1%	26+	before history	0.81%
JPST	JPMorgan Ultra-Short Income ETF	Reduced	187,979	-13,361	$9,506,098	−6.7%	26+	before history	0.79%
IWM	iShares Russell 2000 ETF	Added	30,306	+47	$9,105,437	+21.3%	26+	before history	0.76%
CGDV	Capital Group Dividend Value ETF	Added	182,911	+56,035	$9,013,854	+67.0%	2	$45.24	0.75%
TROW	Price T Rowe Group Inc Financial Services	Reduced	78,711	-1,323	$8,948,653	+24.0%	26+	before history	0.74%
IWF	iShares Russell 1000 Growth ETF	Added	69,769	+52,310	$8,663,216	+16.4%	26+	before history	0.72%
PDI	PIMCO Dynamic Income Fund Financial Services	Reduced	501,259	-67,405	$8,371,025	−14.0%	19	$23.08	0.69%
QQQ	Invesco Qqq Trust, Series 1	Added	11,154	+1,033	$8,213,805	+40.6%	26+	before history	0.68%
NVG	Nuveen AMT-Free Municipal Credit Income Fund Financial Services	Reduced	619,791	-16,682	$7,933,324	+1.1%	26+	before history	0.66%
VYMI	VANGUARD INTERNATIONAL HIGH DIVIDEND YIELD INDEX FUND	Added	80,745	+22,846	$7,929,159	+45.3%	26+	before history	0.66%
FEGE	First Eagle Global Equity ETF	Added	159,032	+8,628	$7,779,845	+10.1%	4	$43.86	0.65%
META	Meta Platforms, Inc. Communication Services	Added	13,666	+511	$7,697,921	+2.3%	26+	before history	0.64%
V	Visa Inc. Financial Services	Added	20,732	+382	$7,112,941	+15.6%	26+	before history	0.59%
SDY	State Street(R) SPDR(R) S&P(R) Dividend ETF	Added	45,968	+220	$6,995,410	+4.8%	26+	before history	0.58%
VTV	VANGUARD VALUE INDEX FUND	Added	31,970	+55	$6,967,222	+11.3%	26+	before history	0.58%
IUSG	iShares Core S&P U.S. Growth ETF	Reduced	36,272	-124	$6,822,400	+20.8%	26+	before history	0.57%
PRF	Victory Portfolios II	Reduced	122,805	-3,751	$6,635,154	+10.3%	26+	before history	0.55%
VHT	VANGUARD HEALTH CARE INDEX FUND	Reduced	20,947	-78	$6,263,362	—	26+	before history	0.52%
VBR	VANGUARD SMALL-CAP VALUE INDEX FUND	Reduced	25,121	-884	$6,104,151	+8.0%	26+	before history	0.51%
BX	Blackstone Inc. Financial Services	Added	50,633	+19,390	$5,957,985	+65.8%	21	$124.91	0.49%
IWD	iShares Russell 1000 Value ETF	Added	23,407	+22	$5,674,559	+13.6%	26+	before history	0.47%
MOAT	VanEck Morningstar Wide Moat ETF	Reduced	54,482	-3,946	$5,663,948	+0.2%	20	unpriced	0.47%
TY	TRI-CONTINENTAL Corp Financial Services	Added	155,211	+3,640	$5,342,362	+11.6%	7	$33.10	0.44%
MA	Mastercard Inc Financial Services	Added	10,272	+527	$5,275,699	+8.3%	26+	before history	0.44%
SPY	Spdr S&P 500 ETF Trust PUT + SHARES	Added	6,488	+362	$4,845,043	+21.6%	26+	before history	0.40%
JPM	Jpmorgan Chase & Co Financial Services	Added	14,225	+398	$4,656,269	+14.5%	26+	before history	0.39%

Showing the top 50 of 273 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.