Filed: 11/7/2025ACC: 0001398344-25-020535
📋 What this filing means
CORNERSTONE ADVISORS, LLC filed this quarterly 13F‑HR report disclosing 235 equity positions with a total reported market value of $3.03B. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.
235
Positions
$3.03B
Total AUM (reported)
30.15M
Total Shares
Allocation by class
COM$2.29B75.4%
CAP STK CL C$151.05M5.0%
CL A$113.29M3.7%
COM SH BEN INT$80.10M2.6%
COM NEW$75.51M2.5%
TECHNOLOGY$55.44M1.8%
SHS$51.30M1.7%
Portfolio Concentration
Top 3$571.75M18.9%
4–10$564.80M18.6%
11–25$519.64M17.1%
Rest$1.38B45.4%
Top 3 weight
18.9%
Top 10 weight
37.5%
Voting Authority Distribution
Total shares with voting rights: 30.15M
Sole
Full voting authority
30.15M
shares
% of voting shares100.0%
Shared
Joint voting authority
0.00
shares
% of voting shares0.0%
None
No voting authority
0.00
shares
% of voting shares0.0%
Investment Discretion (by position count)
Sole235
Shared0
Other0
Dominant voting typeSole · 100.0% of voting shares
Institutional Holdings235
Rows:
NVIDIA CORPORATION
SOLEShares1.08M
TypeSH
Market value$201.56M
6.65%
Sole
1.08M
Shared
0.00
None
0.00
APPLE INC
SOLEShares778.70K
TypeSH
Market value$198.28M
6.54%
Sole
778.70K
Shared
0.00
None
0.00
MICROSOFT CORP
SOLEShares331.90K
TypeSH
Market value$171.91M
5.67%
Sole
331.90K
Shared
0.00
None
0.00
ALPHABET INC
SOLEShares620.20K
TypeSH
Market value$151.05M
4.98%
Sole
620.20K
Shared
0.00
None
0.00
AMAZON COM INC
SOLEShares535.90K
TypeSH
Market value$117.67M
3.88%
Sole
535.90K
Shared
0.00
None
0.00
META PLATFORMS INC
SOLEShares90.30K
TypeSH
Market value$66.31M
2.19%
Sole
90.30K
Shared
0.00
None
0.00
TESLA INC
SOLEShares143.60K
TypeSH
Market value$63.86M
2.11%
Sole
143.60K
Shared
0.00
None
0.00
BROADCOM INC
SOLEShares170.20K
TypeSH
Market value$56.15M
1.85%
Sole
170.20K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares196.70K
TypeSH
Market value$55.44M
1.83%
Sole
196.70K
Shared
0.00
None
0.00
JPMORGAN CHASE & CO.
SOLEShares172.20K
TypeSH
Market value$54.32M
1.79%
Sole
172.20K
Shared
0.00
None
0.00
BERKSHIRE HATHAWAY INC DEL
SOLEShares88.80K
TypeSH
Market value$44.64M
1.47%
Sole
88.80K
Shared
0.00
None
0.00
CALAMOS STRATEGIC TOTAL RETU
SOLEShares2.21M
TypeSH
Market value$42.65M
1.41%
Sole
2.21M
Shared
0.00
None
0.00
EXXON MOBIL CORP
SOLEShares366.83K
TypeSH
Market value$41.36M
1.36%
Sole
366.83K
Shared
0.00
None
0.00
ELI LILLY & CO
SOLEShares53.40K
TypeSH
Market value$40.74M
1.34%
Sole
53.40K
Shared
0.00
None
0.00
ORACLE CORP
SOLEShares133.10K
TypeSH
Market value$37.43M
1.23%
Sole
133.10K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares234.60K
TypeSH
Market value$36.18M
1.19%
Sole
234.60K
Shared
0.00
None
0.00
BANK AMERICA CORP
SOLEShares662.20K
TypeSH
Market value$34.16M
1.13%
Sole
662.20K
Shared
0.00
None
0.00
WALMART INC
SOLEShares322.90K
TypeSH
Market value$33.28M
1.10%
Sole
322.90K
Shared
0.00
None
0.00
VISA INC
SOLEShares93.50K
TypeSH
Market value$31.92M
1.05%
Sole
93.50K
Shared
0.00
None
0.00
NETFLIX INC
SOLEShares25.90K
TypeSH
Market value$31.05M
1.02%
Sole
25.90K
Shared
0.00
None
0.00
HOME DEPOT INC
SOLEShares76.10K
TypeSH
Market value$30.83M
1.02%
Sole
76.10K
Shared
0.00
None
0.00
REAVES UTIL INCOME FD
SOLEShares768.18K
TypeSH
Market value$30.44M
1.00%
Sole
768.18K
Shared
0.00
None
0.00
ABBVIE INC
SOLEShares126.20K
TypeSH
Market value$29.22M
0.96%
Sole
126.20K
Shared
0.00
None
0.00
MASTERCARD INCORPORATED
SOLEShares49.10K
TypeSH
Market value$27.93M
0.92%
Sole
49.10K
Shared
0.00
None
0.00
SELECT SECTOR SPDR TR
SOLEShares659.70K
TypeSH
Market value$27.79M
0.92%
Sole
659.70K
Shared
0.00
None
0.00
| Issuer | Class | Shares | Type | Value / Portfolio % | Voting — Sole | Shared | None |
|---|---|---|---|---|---|---|---|
NVIDIA CORPORATIONSOLE | COM | 1.08M | SH | $201.56M 6.65% | 1.08M | 0.00 | 0.00 |
APPLE INCSOLE | COM | 778.70K | SH | $198.28M 6.54% | 778.70K | 0.00 | 0.00 |
MICROSOFT CORPSOLE | COM | 331.90K | SH | $171.91M 5.67% | 331.90K | 0.00 | 0.00 |
ALPHABET INCSOLE | CAP STK CL C | 620.20K | SH | $151.05M 4.98% | 620.20K | 0.00 | 0.00 |
AMAZON COM INCSOLE | COM | 535.90K | SH | $117.67M 3.88% | 535.90K | 0.00 | 0.00 |
META PLATFORMS INCSOLE | CL A | 90.30K | SH | $66.31M 2.19% | 90.30K | 0.00 | 0.00 |
TESLA INCSOLE | COM | 143.60K | SH | $63.86M 2.11% | 143.60K | 0.00 | 0.00 |
BROADCOM INCSOLE | COM | 170.20K | SH | $56.15M 1.85% | 170.20K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | TECHNOLOGY | 196.70K | SH | $55.44M 1.83% | 196.70K | 0.00 | 0.00 |
JPMORGAN CHASE & CO.SOLE | COM | 172.20K | SH | $54.32M 1.79% | 172.20K | 0.00 | 0.00 |
BERKSHIRE HATHAWAY INC DELSOLE | CL B NEW | 88.80K | SH | $44.64M 1.47% | 88.80K | 0.00 | 0.00 |
CALAMOS STRATEGIC TOTAL RETUSOLE | COM SH BEN INT | 2.21M | SH | $42.65M 1.41% | 2.21M | 0.00 | 0.00 |
EXXON MOBIL CORPSOLE | COM | 366.83K | SH | $41.36M 1.36% | 366.83K | 0.00 | 0.00 |
ELI LILLY & COSOLE | COM | 53.40K | SH | $40.74M 1.34% | 53.40K | 0.00 | 0.00 |
ORACLE CORPSOLE | COM | 133.10K | SH | $37.43M 1.23% | 133.10K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | INDL | 234.60K | SH | $36.18M 1.19% | 234.60K | 0.00 | 0.00 |
BANK AMERICA CORPSOLE | COM | 662.20K | SH | $34.16M 1.13% | 662.20K | 0.00 | 0.00 |
WALMART INCSOLE | COM | 322.90K | SH | $33.28M 1.10% | 322.90K | 0.00 | 0.00 |
VISA INCSOLE | COM CL A | 93.50K | SH | $31.92M 1.05% | 93.50K | 0.00 | 0.00 |
NETFLIX INCSOLE | COM | 25.90K | SH | $31.05M 1.02% | 25.90K | 0.00 | 0.00 |
HOME DEPOT INCSOLE | COM | 76.10K | SH | $30.83M 1.02% | 76.10K | 0.00 | 0.00 |
REAVES UTIL INCOME FDSOLE | COM SH BEN INT | 768.18K | SH | $30.44M 1.00% | 768.18K | 0.00 | 0.00 |
ABBVIE INCSOLE | COM | 126.20K | SH | $29.22M 0.96% | 126.20K | 0.00 | 0.00 |
MASTERCARD INCORPORATEDSOLE | CL A | 49.10K | SH | $27.93M 0.92% | 49.10K | 0.00 | 0.00 |
SELECT SECTOR SPDR TRSOLE | RL EST SEL SEC | 659.70K | SH | $27.79M 0.92% | 659.70K | 0.00 | 0.00 |
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