CORNERSTONE ADVISORY, LLC

Filed: 5/4/2023ACC: 0001172661-23-001818

📋 What this filing means

CORNERSTONE ADVISORY, LLC filed this quarterly 13F‑HR report disclosing 208 equity positions with a total reported market value of $555.30M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

208

Positions

$555.30M

Total AUM (reported)

9.32M

Total Shares

Allocation by class

COM$159.44M28.7%

EQUITY PREMIUM$81.85M14.7%

ULTRA SHRT INC$31.75M5.7%

HIGH DIV YLD$27.58M5.0%

CORE S&P500 ETF$26.46M4.8%

ACTIVEBETA US LG$19.15M3.4%

CORE S&P SCP ETF$17.05M3.1%

Portfolio Concentration

Top 3$141.18M25.4%

4–10$121.29M21.8%

11–25$115.93M20.9%

Rest$176.90M31.9%

Top 3 weight

25.4%

Top 10 weight

47.3%

Voting Authority Distribution

Total shares with voting rights: 9.32M

Sole

Full voting authority

9.32M

% of voting shares100.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

0.00

% of voting shares0.0%

Investment Discretion (by position count)

Sole208

Shared0

Other0

Dominant voting typeSole · 100.0% of voting shares

Institutional Holdings208

Rows:

J P MORGAN EXCHANGE TRADED F

SOLE

EQUITY PREMIUM

Shares1.50M

TypeSH

Market value$81.85M

14.74%

Sole

1.50M

Shared

0.00

None

0.00

J P MORGAN EXCHANGE TRADED F

SOLE

ULTRA SHRT INC

Shares631K

TypeSH

Market value$31.75M

5.72%

Sole

631K

Shared

0.00

None

0.00

VANGUARD WHITEHALL FDS

SOLE

HIGH DIV YLD

Shares261.45K

TypeSH

Market value$27.58M

4.97%

Sole

261.45K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P500 ETF

Shares64.36K

TypeSH

Market value$26.46M

4.76%

Sole

64.36K

Shared

0.00

None

0.00

APPLE INC

SOLE

COM

Shares138.51K

TypeSH

Market value$22.84M

4.11%

Sole

138.51K

Shared

0.00

None

0.00

GOLDMAN SACHS ETF TR

SOLE

ACTIVEBETA US LG

Shares235.74K

TypeSH

Market value$19.15M

3.45%

Sole

235.74K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE S&P SCP ETF

Shares176.29K

TypeSH

Market value$17.05M

3.07%

Sole

176.29K

Shared

0.00

None

0.00

PIMCO DYNAMIC INCOME FD

SOLE

SHS

Shares699.36K

TypeSH

Market value$12.60M

2.27%

Sole

699.36K

Shared

0.00

None

0.00

J P MORGAN EXCHANGE TRADED F

SOLE

NASDAQ EQT PREM

Shares258.39K

TypeSH

Market value$11.65M

2.10%

Sole

258.39K

Shared

0.00

None

0.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares37.38K

TypeSH

Market value$11.54M

2.08%

Sole

37.38K

Shared

0.00

None

0.00

VANGUARD WORLD FDS

SOLE

INF TECH ETF

Shares28.14K

TypeSH

Market value$10.85M

1.95%

Sole

28.14K

Shared

0.00

None

0.00

NUVEEN PFD & INCOME TERM FD

SOLE

COM

Shares614.88K

TypeSH

Market value$10.84M

1.95%

Sole

614.88K

Shared

0.00

None

0.00

MICROSOFT CORP

SOLE

COM

Shares34.83K

TypeSH

Market value$10.04M

1.81%

Sole

34.83K

Shared

0.00

None

0.00

ALPHABET INC

SOLE

CAP STK CL A

Shares96.51K

TypeSH

Market value$10.01M

1.80%

Sole

96.51K

Shared

0.00

None

0.00

AMAZON COM INC

SOLE

COM

Shares89.27K

TypeSH

Market value$9.22M

1.66%

Sole

89.27K

Shared

0.00

None

0.00

VANGUARD WORLD FDS

SOLE

HEALTH CAR ETF

Shares36.37K

TypeSH

Market value$8.67M

1.56%

Sole

36.37K

Shared

0.00

None

0.00

PRICE T ROWE GROUP INC

SOLE

COM

Shares70.20K

TypeSH

Market value$7.93M

1.43%

Sole

70.20K

Shared

0.00

None

0.00

VANGUARD ADMIRAL FDS INC

SOLE

500 GRTH IDX F

Shares30.71K

TypeSH

Market value$7.08M

1.27%

Sole

30.71K

Shared

0.00

None

0.00

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares45.52K

TypeSH

Market value$7.01M

1.26%

Sole

45.52K

Shared

0.00

None

0.00

SPDR SER TR

SOLE

S&P DIVID ETF

Shares56.47K

TypeSH

Market value$6.99M

1.26%

Sole

56.47K

Shared

0.00

None

0.00

ISHARES TR

SOLE

CORE MSCI EAFE

Shares94.28K

TypeSH

Market value$6.30M

1.13%

Sole

94.28K

Shared

0.00

None

0.00

NUVEEN AMT FREE MUN CR INC F

SOLE

COM

Shares482.67K

TypeSH

Market value$5.69M

1.02%

Sole

482.67K

Shared

0.00

None

0.00

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares33.74K

TypeSH

Market value$5.36M

0.96%

Sole

33.74K

Shared

0.00

None

0.00

VANECK ETF TRUST

SOLE

MRNGSTR WDE MOAT

Shares68.22K

TypeSH

Market value$5.04M

0.91%

Sole

68.22K

Shared

0.00

None

0.00

INVESCO EXCHANGE TRADED FD T

SOLE

FTSE RAFI 1000

Shares31.33K

TypeSH

Market value$4.91M

0.88%

Sole

31.33K

Shared

0.00

None

0.00

Issuer	Class	Shares	Type	Value / Portfolio %	Voting — Sole
J P MORGAN EXCHANGE TRADED FSOLE	EQUITY PREMIUM	1.50M	SH	$81.85M 14.74%	1.50M
J P MORGAN EXCHANGE TRADED FSOLE	ULTRA SHRT INC	631K	SH	$31.75M 5.72%	631K
VANGUARD WHITEHALL FDSSOLE	HIGH DIV YLD	261.45K	SH	$27.58M 4.97%	261.45K
ISHARES TRSOLE	CORE S&P500 ETF	64.36K	SH	$26.46M 4.76%	64.36K
APPLE INCSOLE	COM	138.51K	SH	$22.84M 4.11%	138.51K
GOLDMAN SACHS ETF TRSOLE	ACTIVEBETA US LG	235.74K	SH	$19.15M 3.45%	235.74K
ISHARES TRSOLE	CORE S&P SCP ETF	176.29K	SH	$17.05M 3.07%	176.29K
PIMCO DYNAMIC INCOME FDSOLE	SHS	699.36K	SH	$12.60M 2.27%	699.36K
J P MORGAN EXCHANGE TRADED FSOLE	NASDAQ EQT PREM	258.39K	SH	$11.65M 2.10%	258.39K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	37.38K	SH	$11.54M 2.08%	37.38K
VANGUARD WORLD FDSSOLE	INF TECH ETF	28.14K	SH	$10.85M 1.95%	28.14K
NUVEEN PFD & INCOME TERM FDSOLE	COM	614.88K	SH	$10.84M 1.95%	614.88K
MICROSOFT CORPSOLE	COM	34.83K	SH	$10.04M 1.81%	34.83K
ALPHABET INCSOLE	CAP STK CL A	96.51K	SH	$10.01M 1.80%	96.51K
AMAZON COM INCSOLE	COM	89.27K	SH	$9.22M 1.66%	89.27K
VANGUARD WORLD FDSSOLE	HEALTH CAR ETF	36.37K	SH	$8.67M 1.56%	36.37K
PRICE T ROWE GROUP INCSOLE	COM	70.20K	SH	$7.93M 1.43%	70.20K
VANGUARD ADMIRAL FDS INCSOLE	500 GRTH IDX F	30.71K	SH	$7.08M 1.27%	30.71K
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	45.52K	SH	$7.01M 1.26%	45.52K
SPDR SER TRSOLE	S&P DIVID ETF	56.47K	SH	$6.99M 1.26%	56.47K
ISHARES TRSOLE	CORE MSCI EAFE	94.28K	SH	$6.30M 1.13%	94.28K
NUVEEN AMT FREE MUN CR INC FSOLE	COM	482.67K	SH	$5.69M 1.02%	482.67K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	33.74K	SH	$5.36M 0.96%	33.74K
VANECK ETF TRUSTSOLE	MRNGSTR WDE MOAT	68.22K	SH	$5.04M 0.91%	68.22K
INVESCO EXCHANGE TRADED FD TSOLE	FTSE RAFI 1000	31.33K	SH	$4.91M 0.88%	31.33K

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