Cornerstone Advisors Asset Management, LLC 13F Portfolio & Position Changes

CIK: 0002044324

Diversified strategyMomentum followerLong-term holder

Total reported value

$648.0M

Reporting period: 2026-03-31 · Number of holdings: 134

CORNERSTONE ADVISORS ASSET MANAGEMENT, LLC disclosed 134 holdings in its latest 13F filing for the period ending 2026-03-31, with total reported value of $648.0M and a quarterly turnover rate of 9.5%.

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Personality snowflake

Concentration: 15.78
Portfolio Stability: 9.55
Momentum/Contrarian: 100
Sector conviction: 52.03
Diversification: 100
Sizing Uniformity: 79.22

Cornerstone Advisors Asset Management, LLC's disclosed holdings carry a Herfindahl concentration index of 0.039 — mathematically equivalent to about 25 equally-sized positions, well below its 134 actual disclosed holdings. That gap points to a strategy built around a small core of high-conviction bets rather than broad diversification.

Position sizes vary widely across the portfolio (a coefficient of variation of 2.08), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Sector classification currently covers about 3% of this portfolio's disclosed value; the remainder includes holdings (e.g. unmapped tickers, options, or other security types) not yet covered by our sector mapping.

Recent moves

Trim SCHX
+2.7%　-$1.7M
Trim IVV
-3.4%　-$2.5M
Trim QLTA
-10.8%　-$2.5M
Add BRK-A
+500.0%　$3.6M
Add SGOV
+15.9%　$3.1M
Add SCHK
+32.9%　$1.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SCHX	Schwab US Large-cap ETF	ETF-Other	11.85%	-0.89%	+2.69%
2	VEU	Vanguard Ftse All-world Ex-u	ETF-Other	6.99%	-0.13%	+1.08%
3	SPAB	Ss Spdr P Agg Bond ETF	ETF-Other	6.65%	+0.04%	+6.34%
4	HTRB	Hartford Ttl Rtrn Bnd ETF	ETF-Other	5.23%	-0.15%	+3.62%
5	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	4.50%	-0.63%	-3.39%
6	JAAA	Janus Henderson Aaa Clo ETF	ETF-Other	4.46%	-0.17%	+1.68%
7	SPYM	Ste Str Spdr Pt S&p 500 ETF	ETF-Large Cap & Growth	3.84%	-0.13%	+6.81%
8	SGOV	Ishares 0-3 Month Treasury B	ETF-Gov Bonds	3.41%	+0.33%	+15.93%
9	QLTA	Ishares Aaa - A Rated Corpor	ETF-Other	2.93%	-0.56%	-10.80%
10	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	2.73%	+0.07%	+4.62%
11	MMIN	Nyli Mackay Muni Insured ETF	ETF-Other	2.56%	-0.03%	+5.17%
12	GSEW	Goldman Sachs Eql Wght Large	ETF-Commodities	2.49%	+0.02%	+6.61%
13	GARP	Ishares Msci USA Quality Gar	ETF-Other	2.22%	+2.22%	NEW
14	MMIT	Nyli Mackay Muni Intrm ETF	ETF-Other	2.07%	+0.05%	+9.06%
15	PREF	Pri Spe Pre Sec Acti-usd INC	ETF-Other	1.88%	-0.02%	+5.37%
16	VV	Vanguard Large-cap ETF	ETF-Other	1.78%	-0.18%	+0.51%
17	VGT	Vanguard Info Tech ETF	ETF-Tech	1.43%	-0.11%	+5.52%
18	SCHF	Schwab Intl Equity ETF	ETF-Other	1.31%	+0.08%	+8.31%
19	SCHK	Schwab 1000 Index ETF	ETF-Large Cap & Growth	1.25%	+0.22%	+32.86%
20	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	1.15%	-0.12%	-0.17%
21	VIGI	Vanguard Int Div App Indx Fd	ETF-Other	1.05%	-0.09%	—
22	IWF	Ishares Russell 1000 Growth	ETF-Other	1.03%	-0.17%	-0.01%
23	DVY	Ishares Select Dividend ETF	ETF-Other	1.01%	+0.02%	+0.12%
24	SLYV	Ss Spdr S&p 600 Sc Val ETF	ETF-Other	0.92%	-0.01%	—
25	PULS	Pgim Ultra Short Bond ETF	ETF-Other	0.90%	—	—
26	SPDW	Ste Str Spdr Pt Dw EU ETF	ETF-Other	0.90%	—	-1.45%
27	EFA	Ishares Msci Eafe ETF	ETF-Other	0.88%	—	—
28	QUAL	Ishares Msci USA Quality Fac	ETF-Other	0.79%	—	-0.20%
29	CGMU	Cap Group Municipal Income	ETF-Other	0.76%	+0.06%	+14.61%
30	VIG	Vanguard Dividend Apprec ETF	ETF-Other	0.71%	—	+0.01%
31	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.66%	+0.54%	+500.00%
32	VYM	Vanguard High Dvd Yield ETF	ETF-Other	0.66%	—	—
33	SCHA	Schwab US Small-cap ETF	ETF-Other	0.62%	—	-0.47%
34	VPLS	Vanguard Core-plus Bond ETF	ETF-Other	0.62%	+0.03%	+10.80%
35	TAXX	Bblx Irm Tax-aware S Dur ETF	ETF-Other	0.61%	+0.20%	+60.04%
36	ICF	Ishares Select U.s. Reit ETF	ETF-Other	0.61%	+0.10%	+21.29%
37	CGCP	Cap Group Core Plus Income	ETF-Other	0.58%	+0.03%	+11.74%
38	AGG	Ishares Core U.s. Aggregate	ETF-Other	0.56%	—	+1.35%
39	SCMB	Schwab Municipal Bond ETF	ETF-Other	0.56%	+0.02%	+9.66%
40	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.56%	-0.11%	-8.34%
41	IGRO	Ishares Intl Div Growth ETF	ETF-Other	0.53%	—	—
42	IJH	Ishares Core S&p Midcap ETF	ETF-Other	0.53%	—	-0.94%
43	VTEB	Vanguard Tax-exempt Bond ETF	ETF-Other	0.50%	—	+0.14%
44	NOBL	Proshares S&p 500 Dividend A	ETF-Large Cap & Growth	0.49%	—	—
45	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	0.48%	—	—
46	IUSB	Ishr Cr Unvrse Usd Bd Etf-ui	ETF-Other	0.44%	—	—
47	VTWO	Vanguard Russell 2000 ETF	ETF-Small Cap	0.44%	—	-3.03%
48	GBIL	Goldman Sachs Access Treasur	ETF-Commodities	0.44%	—	+0.06%
49	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	0.43%	—	-3.53%
50	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	0.42%	—	-4.59%

1–50 of 134

Portfolio Performance

Performance for Q3 2026

+2.5%

Performance Last 4 Quarters

+15.7%

Based on 65% of reported portfolio value with available pricing

Stdev: +9.1%
Beta: +0.65
Alpha: +0.7%
Max Drawdown: -5.5%
Annualized Perf: +12.9%
Batting Avg vs S&P: +36.1%
Sortino: +2.69
Stutzer: +0.41
Treynor: +0.19
Sterling: +0.9
Calmar: +2.34
Information Ratio: -1.03
Tracking Error: +5.6%
Stdev Down: +4.7%
Winning Months %: +72.2%
Losing Months %: +27.8%
Best 12 Months: +25.1%
Worst 12 Months: +6.7%
Efficiency Ratio: +0.52
Sharpe: +1.39
Stdev Sectors: +8.6%
Skewness: -0.11
Kurtosis: -0.45
Upside Potential: +4.34

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	134	$648.0M	10	1SCHX 2VEU 3SPAB Top holdings2026-03-31 1.SCHX 2.VEU 3.SPAB 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.SGOV 9.QLTA 10.SPSM
2025-12-31	133	$616.2M	10	1SCHX 2VEU 3SPAB Top holdings2025-12-31 1.SCHX 2.VEU 3.SPAB 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.QLTA 9.SGOV 10.SPSM
2025-09-30	128	$572.0M	24	1SCHX 2VEU 3SPAB Top holdings2025-09-30 1.SCHX 2.VEU 3.SPAB 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.QLTA 9.SGOV 10.MMIN
2025-06-30	113	$519.3M	0	1SCHX 2SPAB 3VEU Top holdings2025-06-30 1.SCHX 2.SPAB 3.VEU 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.MMIN 9.SGOV 10.SPSM
2025-03-31	124	$488.2M	0	1SCHX 2SPAB 3VEU Top holdings2025-03-31 1.SCHX 2.SPAB 3.VEU 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.MMIN 9.SGOV 10.SPSM
2024-12-31	106	$462.8M	0	1SCHX 2SPAB 3HTRB Top holdings2024-12-31 1.SCHX 2.SPAB 3.HTRB 4.IVV 5.JAAA 6.VEU 7.SPYM 8.MMIN 9.SGOV 10.VV
2024-09-30	105	$452.4M	0	1SCHX 2HTRB 3SPAB Top holdings2024-09-30 1.SCHX 2.HTRB 3.SPAB 4.IVV 5.JAAA 6.VEU 7.SPYM 8.MMIN 9.SGOV 10.VV
2024-06-30	102	$354.0M	0	1SCHX 2IVV 3JAAA Top holdings2024-06-30 1.SCHX 2.IVV 3.JAAA 4.VEU 5.SPAB 6.MMIN 7.SPYM 8.VV 9.MMIT 10.GSEW
2024-03-31	103	$284.3M	0	1SCHX 2IVV 3VEU Top holdings2024-03-31 1.SCHX 2.IVV 3.VEU 4.MMIN 5.SPAB 6.VV 7.MMIT 8.GSEW 9.HTRB 10.SPY
2023-12-31	98	$265.0M	0	1SCHX 2IVV 3VEU Top holdings2023-12-31 1.SCHX 2.IVV 3.VEU 4.MMIN 5.SPAB 6.VV 7.MMIT 8.GSEW 9.HTRB 10.SPY
2023-09-30	93	$250.3M	0	1SCHX 2IVV 3MMIN Top holdings2023-09-30 1.SCHX 2.IVV 3.MMIN 4.VEU 5.SPAB 6.VV 7.GBIL 8.HDV 9.SPY 10.GSEW
2023-06-30	89	$231.6M	—	1SCHX 2IVV 3MMIN Top holdings2023-06-30 1.SCHX 2.IVV 3.MMIN 4.VEU 5.VV 6.HDV 7.SPAB 8.GBIL 9.SPY 10.VIGI
2023-03-31	76	$205.0M	—	1IVV 2SCHX 3MMIN Top holdings2023-03-31 1.IVV 2.SCHX 3.MMIN 4.HDV 5.VEU 6.VV 7.SPY 8.SPAB 9.GBIL 10.DVY
2022-12-31	80	$187.2M	—	1IVV 2SCHX 3MMIN Top holdings2022-12-31 1.IVV 2.SCHX 3.MMIN 4.HDV 5.VV 6.VEU 7.SPY 8.DVY 9.GBIL 10.SPAB
2022-09-30	59	$130.5M	—	1IVV 2SCHX 3HDV Top holdings2022-09-30 1.IVV 2.SCHX 3.HDV 4.MMIN 5.VEU 6.DVY 7.GBIL 8.SPY 9.SPAB 10.GSEW
2022-06-30	70	$140.5M	—	1IVV 2SCHX 3HDV Top holdings2022-06-30 1.IVV 2.SCHX 3.HDV 4.MMIN 5.DVY 6.GBIL 7.VEU 8.SPY 9.GSEW 10.IWF
2022-03-31	64	$144.1M	—	1IVV 2SCHX 3HDV Top holdings2022-03-31 1.IVV 2.SCHX 3.HDV 4.GBIL 5.DVY 6.SPY 7.VEU 8.IWF 9.EFA 10.SPAB
2021-12-31	55	$131.7M	—	1IVV 2SCHX 3HDV Top holdings2021-12-31 1.IVV 2.SCHX 3.HDV 4.GBIL 5.SPY 6.DVY 7.IWF 8.EFA 9.GSEW 10.EFAD

Holding changes this quarter

Cornerstone Advisors Asset Management, LLC's most significant position changes for 2026-03-31: New buy: Ishares Msci USA Quality Gar (GARP); New buy: Ss Spdr S&p 600 Sc Gr ETF (SLYG); New buy: Ishares Gold Trust (IAU); New buy: Imgp Dbi Managed Futures Str (DBMF); Sold out: Mid Penn Bancorp INC (MPB).

Position changes disclosed by Cornerstone Advisors Asset Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	BRK-A	Berkshire Hathaway Inc-cl A	+0.5%	+500.00%	Add
2	SGOV	Ishares 0-3 Month Treasury B	+0.3%	+15.93%	Add
3	SCHK	Schwab 1000 Index ETF	+0.2%	+32.86%	Add
4	TAXX	Bblx Irm Tax-aware S Dur ETF	+0.2%	+60.04%	Add
5	ICF	Ishares Select U.s. Reit ETF	+0.1%	+21.29%	Add
6	GLD	Spdr Gold Shares	+0.1%	+61.34%	Add
7	SCHF	Schwab Intl Equity ETF	+0.1%	+8.31%	Add
8	XOM	Exxon Mobil CORP	+0.1%	+82.51%	Add
9	SPSM	Ss Spdr P S&p 600 Small Cap	+0.1%	+4.62%	Add
10	BIL	Ss Spdr Bb 1-3m T-bill ETF	+0.1%	+73.72%	Add
11	CGMU	Cap Group Municipal Income	+0.1%	+14.61%	Add
12	MMIT	Nyli Mackay Muni Intrm ETF	+0.1%	+9.06%	Add
13	VIOO	Vanguard S&p Small-cap 600 E	+0.1%	+52.42%	Add
14	SPAB	Ss Spdr P Agg Bond ETF	0%	+6.34%	Add
15	VPLS	Vanguard Core-plus Bond ETF	0%	+10.80%	Add
16	CGCP	Cap Group Core Plus Income	0%	+11.74%	Add
17	CGXU	Cap Group Intl Focus	0%	+25.89%	Add
18	GSEW	Goldman Sachs Eql Wght Large	0%	+6.61%	Add
19	DVY	Ishares Select Dividend ETF	0%	+0.12%	Add
20	SCMB	Schwab Municipal Bond ETF	0%	+9.66%	Add
21	SLYV	Ss Spdr S&p 600 Sc Val ETF	0%	—	Unchanged
22	PREF	Pri Spe Pre Sec Acti-usd INC	0%	+5.37%	Add
23	MMIN	Nyli Mackay Muni Insured ETF	0%	+5.17%	Add
24	VTV	Vanguard Value ETF	0%	-26.20%	Trim
25	VUG	Vanguard Growth ETF	-0.1%	-16.27%	Trim
26	AAPL	Apple INC	-0.1%	-3.89%	Trim
27	IBM	Intl Business Machines CORP	-0.1%	+2.20%	Add
28	MSFT	Microsoft CORP	-0.1%	-9.05%	Trim
29	VIGI	Vanguard Int Div App Indx Fd	-0.1%	—	Unchanged
30	VTI	Vanguard Total Stock Mkt ETF	-0.1%	-8.34%	Trim
31	VGT	Vanguard Info Tech ETF	-0.1%	+5.52%	Add
32	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.1%	-0.17%	Trim
33	VEU	Vanguard Ftse All-world Ex-u	-0.1%	+1.08%	Add
34	SPYM	Ste Str Spdr Pt S&p 500 ETF	-0.1%	+6.81%	Add
35	HTRB	Hartford Ttl Rtrn Bnd ETF	-0.2%	+3.62%	Add
36	BKLC	Bny Mellon US Lrg Cap Cor	-0.2%	-47.55%	Trim
37	IWF	Ishares Russell 1000 Growth	-0.2%	-0.01%	Trim
38	JAAA	Janus Henderson Aaa Clo ETF	-0.2%	+1.68%	Add
39	VV	Vanguard Large-cap ETF	-0.2%	+0.51%	Add
40	QLTA	Ishares Aaa - A Rated Corpor	-0.6%	-10.80%	Trim
41	IVV	Ishares Core S&p 500 ETF	-0.6%	-3.39%	Trim
42	SCHX	Schwab US Large-cap ETF	-0.9%	+2.69%	Add
43	GARP	Ishares Msci USA Quality Gar	—	NEW	New buy
44	SLYG	Ss Spdr S&p 600 Sc Gr ETF	—	NEW	New buy
45	IAU	Ishares Gold Trust	—	NEW	New buy
46	DBMF	Imgp Dbi Managed Futures Str	—	NEW	New buy
47	MPB	Mid Penn Bancorp INC	—	EXIT	Sold out
48	HD	Home Depot INC	—	EXIT	Sold out
49	LIN	Linde plc	—	NEW	New buy
50	GOOG	Alphabet Inc-cl C	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-07	13F-HR	View on EDGAR
2025-12-31	2026-02-11	13F-HR	View on EDGAR
2025-09-30	2025-11-04	13F-HR	View on EDGAR
2025-06-30	2025-08-08	13F-HR	View on EDGAR
2025-03-31	2025-04-24	13F-HR	View on EDGAR
2024-12-31	2025-01-31	13F-HR	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-11-18	13F-HR	View on EDGAR
2024-03-31	2024-11-18	13F-HR	View on EDGAR
2023-12-31	2024-11-19	13F-HR	View on EDGAR
2023-09-30	2024-11-19	13F-HR	View on EDGAR
2023-06-30	2024-11-19	13F-HR	View on EDGAR
2023-03-31	2024-11-19	13F-HR	View on EDGAR
2022-12-31	2024-11-19	13F-HR	View on EDGAR
2022-09-30	2024-11-19	13F-HR	View on EDGAR
2022-06-30	2024-11-19	13F-HR	View on EDGAR
2022-03-31	2024-11-19	13F-HR	View on EDGAR
2021-12-31	2024-11-19	13F-HR	View on EDGAR

FAQ

What is Cornerstone Advisors Asset Management, LLC and what type of investor is it?

Cornerstone Advisors Asset Management, LLC is an investment manager that files SEC Form 13F quarterly, disclosing its U.S. public equity holdings to regulators. As of the most recent reporting period (2026-03-31), the firm manages a tracked equity portfolio valued at approximately $648.0M, spread across 134 disclosed positions.

What are Cornerstone Advisors Asset Management, LLC's largest equity positions?

Based on the latest 13F filing, Cornerstone Advisors Asset Management, LLC's top holdings by market value are: 1. Schwab US Large-cap ETF (SCHX) — $76.8M (11.8%) 2. Vanguard Ftse All-world Ex-u (VEU) — $45.3M (7.0%) 3. Ss Spdr P Agg Bond ETF (SPAB) — $43.1M (6.7%) 4. Hartford Ttl Rtrn Bnd ETF (HTRB) — $33.9M (5.2%) 5. Ishares Core S&p 500 ETF (IVV) — $29.1M (4.5%)

What changes did Cornerstone Advisors Asset Management, LLC make in its most recent portfolio filing?

In the latest reported quarter, Cornerstone Advisors Asset Management, LLC made 48 notable position adjustments: 5 new positions were initiated, 30 existing holdings were added to, 10 positions were partially reduced, and 3 were completely exited. The largest of these moves: New buy: Ishares Msci USA Quality Gar (GARP); New buy: Ss Spdr S&p 600 Sc Gr ETF (SLYG); New buy: Ishares Gold Trust (IAU); New buy: Imgp Dbi Managed Futures Str (DBMF); Sold out: Mid Penn Bancorp INC (MPB)

What sectors does Cornerstone Advisors Asset Management, LLC focus on?

Cornerstone Advisors Asset Management, LLC is concentrated in the following sectors based on its current disclosed equity portfolio: • Information Technology: 32.1% • Financials: 15.3% • Health Care: 12.6% • Consumer Discretionary: 11.5% • Energy: 10.1% • Consumer Staples: 5.8%

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Cornerstone Advisors Asset Management, LLC 13F Portfolio & Position Changes

CIK: 0002044324

Diversified strategyMomentum followerLong-term holder

Total reported value

$648.0M

Reporting period: 2026-03-31 · Number of holdings: 134

Browse other institutions with $100M to $1B AUM Browse other institutions starting with "C"

Personality snowflake

Concentration: 15.78
Portfolio Stability: 9.55
Momentum/Contrarian: 100
Sector conviction: 52.03
Diversification: 100
Sizing Uniformity: 79.22

Position sizes vary widely across the portfolio (a coefficient of variation of 2.08), with a handful of outsized bets alongside many smaller positions.

No strong tilt toward either adding to existing winners or initiating outsized new positions was observed in the latest reported quarter.

Recent moves

Trim SCHX
+2.7%　-$1.7M
Trim IVV
-3.4%　-$2.5M
Trim QLTA
-10.8%　-$2.5M
Add BRK-A
+500.0%　$3.6M
Add SGOV
+15.9%　$3.1M
Add SCHK
+32.9%　$1.7M

Holdings Map

New buyAddUnchangedTrim

Top 10 holdings by weight

Full holdings list this quarter

#	Ticker	Issuer	Asset Subclass	Weight	Weight Change	Shares Change
1	SCHX	Schwab US Large-cap ETF	ETF-Other	11.85%	-0.89%	+2.69%
2	VEU	Vanguard Ftse All-world Ex-u	ETF-Other	6.99%	-0.13%	+1.08%
3	SPAB	Ss Spdr P Agg Bond ETF	ETF-Other	6.65%	+0.04%	+6.34%
4	HTRB	Hartford Ttl Rtrn Bnd ETF	ETF-Other	5.23%	-0.15%	+3.62%
5	IVV	Ishares Core S&p 500 ETF	ETF-Large Cap & Growth	4.50%	-0.63%	-3.39%
6	JAAA	Janus Henderson Aaa Clo ETF	ETF-Other	4.46%	-0.17%	+1.68%
7	SPYM	Ste Str Spdr Pt S&p 500 ETF	ETF-Large Cap & Growth	3.84%	-0.13%	+6.81%
8	SGOV	Ishares 0-3 Month Treasury B	ETF-Gov Bonds	3.41%	+0.33%	+15.93%
9	QLTA	Ishares Aaa - A Rated Corpor	ETF-Other	2.93%	-0.56%	-10.80%
10	SPSM	Ss Spdr P S&p 600 Small Cap	ETF-Small Cap	2.73%	+0.07%	+4.62%
11	MMIN	Nyli Mackay Muni Insured ETF	ETF-Other	2.56%	-0.03%	+5.17%
12	GSEW	Goldman Sachs Eql Wght Large	ETF-Commodities	2.49%	+0.02%	+6.61%
13	GARP	Ishares Msci USA Quality Gar	ETF-Other	2.22%	+2.22%	NEW
14	MMIT	Nyli Mackay Muni Intrm ETF	ETF-Other	2.07%	+0.05%	+9.06%
15	PREF	Pri Spe Pre Sec Acti-usd INC	ETF-Other	1.88%	-0.02%	+5.37%
16	VV	Vanguard Large-cap ETF	ETF-Other	1.78%	-0.18%	+0.51%
17	VGT	Vanguard Info Tech ETF	ETF-Tech	1.43%	-0.11%	+5.52%
18	SCHF	Schwab Intl Equity ETF	ETF-Other	1.31%	+0.08%	+8.31%
19	SCHK	Schwab 1000 Index ETF	ETF-Large Cap & Growth	1.25%	+0.22%	+32.86%
20	SPY	Ss Spdr S&p 500 ETF Trust-us	ETF-Large Cap & Growth	1.15%	-0.12%	-0.17%
21	VIGI	Vanguard Int Div App Indx Fd	ETF-Other	1.05%	-0.09%	—
22	IWF	Ishares Russell 1000 Growth	ETF-Other	1.03%	-0.17%	-0.01%
23	DVY	Ishares Select Dividend ETF	ETF-Other	1.01%	+0.02%	+0.12%
24	SLYV	Ss Spdr S&p 600 Sc Val ETF	ETF-Other	0.92%	-0.01%	—
25	PULS	Pgim Ultra Short Bond ETF	ETF-Other	0.90%	—	—
26	SPDW	Ste Str Spdr Pt Dw EU ETF	ETF-Other	0.90%	—	-1.45%
27	EFA	Ishares Msci Eafe ETF	ETF-Other	0.88%	—	—
28	QUAL	Ishares Msci USA Quality Fac	ETF-Other	0.79%	—	-0.20%
29	CGMU	Cap Group Municipal Income	ETF-Other	0.76%	+0.06%	+14.61%
30	VIG	Vanguard Dividend Apprec ETF	ETF-Other	0.71%	—	+0.01%
31	BRK-A	Berkshire Hathaway Inc-cl A	Stock-Other	0.66%	+0.54%	+500.00%
32	VYM	Vanguard High Dvd Yield ETF	ETF-Other	0.66%	—	—
33	SCHA	Schwab US Small-cap ETF	ETF-Other	0.62%	—	-0.47%
34	VPLS	Vanguard Core-plus Bond ETF	ETF-Other	0.62%	+0.03%	+10.80%
35	TAXX	Bblx Irm Tax-aware S Dur ETF	ETF-Other	0.61%	+0.20%	+60.04%
36	ICF	Ishares Select U.s. Reit ETF	ETF-Other	0.61%	+0.10%	+21.29%
37	CGCP	Cap Group Core Plus Income	ETF-Other	0.58%	+0.03%	+11.74%
38	AGG	Ishares Core U.s. Aggregate	ETF-Other	0.56%	—	+1.35%
39	SCMB	Schwab Municipal Bond ETF	ETF-Other	0.56%	+0.02%	+9.66%
40	VTI	Vanguard Total Stock Mkt ETF	ETF-Other	0.56%	-0.11%	-8.34%
41	IGRO	Ishares Intl Div Growth ETF	ETF-Other	0.53%	—	—
42	IJH	Ishares Core S&p Midcap ETF	ETF-Other	0.53%	—	-0.94%
43	VTEB	Vanguard Tax-exempt Bond ETF	ETF-Other	0.50%	—	+0.14%
44	NOBL	Proshares S&p 500 Dividend A	ETF-Large Cap & Growth	0.49%	—	—
45	IWM	Ishares Russell 2000 ETF	ETF-Small Cap	0.48%	—	—
46	IUSB	Ishr Cr Unvrse Usd Bd Etf-ui	ETF-Other	0.44%	—	—
47	VTWO	Vanguard Russell 2000 ETF	ETF-Small Cap	0.44%	—	-3.03%
48	GBIL	Goldman Sachs Access Treasur	ETF-Commodities	0.44%	—	+0.06%
49	IEFA	Ishares Core Msci Eafe ETF	ETF-Other	0.43%	—	-3.53%
50	IJR	Ishares Core S&p Small-cap E	ETF-Small Cap	0.42%	—	-4.59%

1–50 of 134

Portfolio Performance

Performance for Q3 2026

+2.5%

Performance Last 4 Quarters

+15.7%

Based on 65% of reported portfolio value with available pricing

Stdev: +9.1%
Beta: +0.65
Alpha: +0.7%
Max Drawdown: -5.5%
Annualized Perf: +12.9%
Batting Avg vs S&P: +36.1%
Sortino: +2.69
Stutzer: +0.41
Treynor: +0.19
Sterling: +0.9
Calmar: +2.34
Information Ratio: -1.03
Tracking Error: +5.6%
Stdev Down: +4.7%
Winning Months %: +72.2%
Losing Months %: +27.8%
Best 12 Months: +25.1%
Worst 12 Months: +6.7%
Efficiency Ratio: +0.52
Sharpe: +1.39
Stdev Sectors: +8.6%
Skewness: -0.11
Kurtosis: -0.45
Upside Potential: +4.34

Reported value over time

Sector allocation

Sector allocation over time

Quarterly history

Period	Holdings	Total value	Stability	Top holdings
2026-03-31	134	$648.0M	10	1SCHX 2VEU 3SPAB Top holdings2026-03-31 1.SCHX 2.VEU 3.SPAB 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.SGOV 9.QLTA 10.SPSM
2025-12-31	133	$616.2M	10	1SCHX 2VEU 3SPAB Top holdings2025-12-31 1.SCHX 2.VEU 3.SPAB 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.QLTA 9.SGOV 10.SPSM
2025-09-30	128	$572.0M	24	1SCHX 2VEU 3SPAB Top holdings2025-09-30 1.SCHX 2.VEU 3.SPAB 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.QLTA 9.SGOV 10.MMIN
2025-06-30	113	$519.3M	0	1SCHX 2SPAB 3VEU Top holdings2025-06-30 1.SCHX 2.SPAB 3.VEU 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.MMIN 9.SGOV 10.SPSM
2025-03-31	124	$488.2M	0	1SCHX 2SPAB 3VEU Top holdings2025-03-31 1.SCHX 2.SPAB 3.VEU 4.HTRB 5.IVV 6.JAAA 7.SPYM 8.MMIN 9.SGOV 10.SPSM
2024-12-31	106	$462.8M	0	1SCHX 2SPAB 3HTRB Top holdings2024-12-31 1.SCHX 2.SPAB 3.HTRB 4.IVV 5.JAAA 6.VEU 7.SPYM 8.MMIN 9.SGOV 10.VV
2024-09-30	105	$452.4M	0	1SCHX 2HTRB 3SPAB Top holdings2024-09-30 1.SCHX 2.HTRB 3.SPAB 4.IVV 5.JAAA 6.VEU 7.SPYM 8.MMIN 9.SGOV 10.VV
2024-06-30	102	$354.0M	0	1SCHX 2IVV 3JAAA Top holdings2024-06-30 1.SCHX 2.IVV 3.JAAA 4.VEU 5.SPAB 6.MMIN 7.SPYM 8.VV 9.MMIT 10.GSEW
2024-03-31	103	$284.3M	0	1SCHX 2IVV 3VEU Top holdings2024-03-31 1.SCHX 2.IVV 3.VEU 4.MMIN 5.SPAB 6.VV 7.MMIT 8.GSEW 9.HTRB 10.SPY
2023-12-31	98	$265.0M	0	1SCHX 2IVV 3VEU Top holdings2023-12-31 1.SCHX 2.IVV 3.VEU 4.MMIN 5.SPAB 6.VV 7.MMIT 8.GSEW 9.HTRB 10.SPY
2023-09-30	93	$250.3M	0	1SCHX 2IVV 3MMIN Top holdings2023-09-30 1.SCHX 2.IVV 3.MMIN 4.VEU 5.SPAB 6.VV 7.GBIL 8.HDV 9.SPY 10.GSEW
2023-06-30	89	$231.6M	—	1SCHX 2IVV 3MMIN Top holdings2023-06-30 1.SCHX 2.IVV 3.MMIN 4.VEU 5.VV 6.HDV 7.SPAB 8.GBIL 9.SPY 10.VIGI
2023-03-31	76	$205.0M	—	1IVV 2SCHX 3MMIN Top holdings2023-03-31 1.IVV 2.SCHX 3.MMIN 4.HDV 5.VEU 6.VV 7.SPY 8.SPAB 9.GBIL 10.DVY
2022-12-31	80	$187.2M	—	1IVV 2SCHX 3MMIN Top holdings2022-12-31 1.IVV 2.SCHX 3.MMIN 4.HDV 5.VV 6.VEU 7.SPY 8.DVY 9.GBIL 10.SPAB
2022-09-30	59	$130.5M	—	1IVV 2SCHX 3HDV Top holdings2022-09-30 1.IVV 2.SCHX 3.HDV 4.MMIN 5.VEU 6.DVY 7.GBIL 8.SPY 9.SPAB 10.GSEW
2022-06-30	70	$140.5M	—	1IVV 2SCHX 3HDV Top holdings2022-06-30 1.IVV 2.SCHX 3.HDV 4.MMIN 5.DVY 6.GBIL 7.VEU 8.SPY 9.GSEW 10.IWF
2022-03-31	64	$144.1M	—	1IVV 2SCHX 3HDV Top holdings2022-03-31 1.IVV 2.SCHX 3.HDV 4.GBIL 5.DVY 6.SPY 7.VEU 8.IWF 9.EFA 10.SPAB
2021-12-31	55	$131.7M	—	1IVV 2SCHX 3HDV Top holdings2021-12-31 1.IVV 2.SCHX 3.HDV 4.GBIL 5.SPY 6.DVY 7.IWF 8.EFA 9.GSEW 10.EFAD

Holding changes this quarter

Position changes disclosed by Cornerstone Advisors Asset Management, LLC for the quarter ending 2026-03-31, including ticker, issuer, weight change, shares change, and action
#	Ticker	Issuer	Weight Change	Shares Change	Action
1	BRK-A	Berkshire Hathaway Inc-cl A	+0.5%	+500.00%	Add
2	SGOV	Ishares 0-3 Month Treasury B	+0.3%	+15.93%	Add
3	SCHK	Schwab 1000 Index ETF	+0.2%	+32.86%	Add
4	TAXX	Bblx Irm Tax-aware S Dur ETF	+0.2%	+60.04%	Add
5	ICF	Ishares Select U.s. Reit ETF	+0.1%	+21.29%	Add
6	GLD	Spdr Gold Shares	+0.1%	+61.34%	Add
7	SCHF	Schwab Intl Equity ETF	+0.1%	+8.31%	Add
8	XOM	Exxon Mobil CORP	+0.1%	+82.51%	Add
9	SPSM	Ss Spdr P S&p 600 Small Cap	+0.1%	+4.62%	Add
10	BIL	Ss Spdr Bb 1-3m T-bill ETF	+0.1%	+73.72%	Add
11	CGMU	Cap Group Municipal Income	+0.1%	+14.61%	Add
12	MMIT	Nyli Mackay Muni Intrm ETF	+0.1%	+9.06%	Add
13	VIOO	Vanguard S&p Small-cap 600 E	+0.1%	+52.42%	Add
14	SPAB	Ss Spdr P Agg Bond ETF	0%	+6.34%	Add
15	VPLS	Vanguard Core-plus Bond ETF	0%	+10.80%	Add
16	CGCP	Cap Group Core Plus Income	0%	+11.74%	Add
17	CGXU	Cap Group Intl Focus	0%	+25.89%	Add
18	GSEW	Goldman Sachs Eql Wght Large	0%	+6.61%	Add
19	DVY	Ishares Select Dividend ETF	0%	+0.12%	Add
20	SCMB	Schwab Municipal Bond ETF	0%	+9.66%	Add
21	SLYV	Ss Spdr S&p 600 Sc Val ETF	0%	—	Unchanged
22	PREF	Pri Spe Pre Sec Acti-usd INC	0%	+5.37%	Add
23	MMIN	Nyli Mackay Muni Insured ETF	0%	+5.17%	Add
24	VTV	Vanguard Value ETF	0%	-26.20%	Trim
25	VUG	Vanguard Growth ETF	-0.1%	-16.27%	Trim
26	AAPL	Apple INC	-0.1%	-3.89%	Trim
27	IBM	Intl Business Machines CORP	-0.1%	+2.20%	Add
28	MSFT	Microsoft CORP	-0.1%	-9.05%	Trim
29	VIGI	Vanguard Int Div App Indx Fd	-0.1%	—	Unchanged
30	VTI	Vanguard Total Stock Mkt ETF	-0.1%	-8.34%	Trim
31	VGT	Vanguard Info Tech ETF	-0.1%	+5.52%	Add
32	SPY	Ss Spdr S&p 500 ETF Trust-us	-0.1%	-0.17%	Trim
33	VEU	Vanguard Ftse All-world Ex-u	-0.1%	+1.08%	Add
34	SPYM	Ste Str Spdr Pt S&p 500 ETF	-0.1%	+6.81%	Add
35	HTRB	Hartford Ttl Rtrn Bnd ETF	-0.2%	+3.62%	Add
36	BKLC	Bny Mellon US Lrg Cap Cor	-0.2%	-47.55%	Trim
37	IWF	Ishares Russell 1000 Growth	-0.2%	-0.01%	Trim
38	JAAA	Janus Henderson Aaa Clo ETF	-0.2%	+1.68%	Add
39	VV	Vanguard Large-cap ETF	-0.2%	+0.51%	Add
40	QLTA	Ishares Aaa - A Rated Corpor	-0.6%	-10.80%	Trim
41	IVV	Ishares Core S&p 500 ETF	-0.6%	-3.39%	Trim
42	SCHX	Schwab US Large-cap ETF	-0.9%	+2.69%	Add
43	GARP	Ishares Msci USA Quality Gar	—	NEW	New buy
44	SLYG	Ss Spdr S&p 600 Sc Gr ETF	—	NEW	New buy
45	IAU	Ishares Gold Trust	—	NEW	New buy
46	DBMF	Imgp Dbi Managed Futures Str	—	NEW	New buy
47	MPB	Mid Penn Bancorp INC	—	EXIT	Sold out
48	HD	Home Depot INC	—	EXIT	Sold out
49	LIN	Linde plc	—	NEW	New buy
50	GOOG	Alphabet Inc-cl C	—	EXIT	Sold out

Filing History

Period	Filed	Type	EDGAR
2026-03-31	2026-05-07	13F-HR	View on EDGAR
2025-12-31	2026-02-11	13F-HR	View on EDGAR
2025-09-30	2025-11-04	13F-HR	View on EDGAR
2025-06-30	2025-08-08	13F-HR	View on EDGAR
2025-03-31	2025-04-24	13F-HR	View on EDGAR
2024-12-31	2025-01-31	13F-HR	View on EDGAR
2024-09-30	2024-11-14	13F-HR	View on EDGAR
2024-06-30	2024-11-18	13F-HR	View on EDGAR
2024-03-31	2024-11-18	13F-HR	View on EDGAR
2023-12-31	2024-11-19	13F-HR	View on EDGAR
2023-09-30	2024-11-19	13F-HR	View on EDGAR
2023-06-30	2024-11-19	13F-HR	View on EDGAR
2023-03-31	2024-11-19	13F-HR	View on EDGAR
2022-12-31	2024-11-19	13F-HR	View on EDGAR
2022-09-30	2024-11-19	13F-HR	View on EDGAR
2022-06-30	2024-11-19	13F-HR	View on EDGAR
2022-03-31	2024-11-19	13F-HR	View on EDGAR
2021-12-31	2024-11-19	13F-HR	View on EDGAR