CORNERSTONE MANAGEMENT, INC.

Filed: 8/10/2023ACC: 0001085146-23-003232

📋 What this filing means

CORNERSTONE MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 48 equity positions with a total reported market value of $391.75M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$391.75M

Total AUM (reported)

5.18M

Total Shares

Allocation by class

VALUE ETF$76.90M19.6%

GROWTH ETF$66.18M16.9%

ULTRA SHRT INC$66.06M16.9%

CORE US AGGBD ET$33.21M8.5%

BLOOMBERG INVT$18.48M4.7%

MSCI EAFE ETF$15.40M3.9%

TOTAL STK MKT$13.09M3.3%

Portfolio Concentration

Top 3$209.13M53.4%

4–10$106.36M27.2%

11–25$64.93M16.6%

Rest$11.32M2.9%

Top 3 weight

53.4%

Top 10 weight

80.5%

Voting Authority Distribution

Total shares with voting rights: 5.18M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

5.18M

% of voting shares100.0%

Investment Discretion (by position count)

Sole48

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings48

Rows:

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares541.16K

TypeSH

Market value$76.90M

19.63%

Sole

0.00

Shared

0.00

None

541.16K

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares233.87K

TypeSH

Market value$66.18M

16.89%

Sole

0.00

Shared

0.00

None

233.87K

J P MORGAN EXCHANGE TRADED F

SOLE

ULTRA SHRT INC

Shares1.32M

TypeSH

Market value$66.06M

16.86%

Sole

0.00

Shared

0.00

None

1.32M

ISHARES TR

SOLE

CORE US AGGBD ET

Shares339.10K

TypeSH

Market value$33.21M

8.48%

Sole

0.00

Shared

0.00

None

339.10K

SPDR SER TR

SOLE

BLOOMBERG INVT

Shares602.22K

TypeSH

Market value$18.48M

4.72%

Sole

0.00

Shared

0.00

None

602.22K

ISHARES TR

SOLE

MSCI EAFE ETF

Shares212.48K

TypeSH

Market value$15.40M

3.93%

Sole

0.00

Shared

0.00

None

212.48K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares59.42K

TypeSH

Market value$13.09M

3.34%

Sole

0.00

Shared

0.00

None

59.42K

SPDR SER TR

SOLE

PORTFOLIO SHORT

Shares408.02K

TypeSH

Market value$12.01M

3.07%

Sole

0.00

Shared

0.00

None

408.02K

ISHARES TR

SOLE

MBS ETF

Shares76.57K

TypeSH

Market value$7.14M

1.82%

Sole

0.00

Shared

0.00

None

76.57K

SPDR SER TR

SOLE

PORTFOLIO INTRMD

Shares218.58K

TypeSH

Market value$7.02M

1.79%

Sole

0.00

Shared

0.00

None

218.58K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares41.60K

TypeSH

Market value$6.88M

1.76%

Sole

0.00

Shared

0.00

None

41.60K

ISHARES TR

SOLE

CRE U S REIT ETF

Shares133.75K

TypeSH

Market value$6.88M

1.76%

Sole

0.00

Shared

0.00

None

133.75K

VANGUARD INDEX FDS

SOLE

SML CP GRW ETF

Shares29.29K

TypeSH

Market value$6.73M

1.72%

Sole

0.00

Shared

0.00

None

29.29K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares18.13K

TypeSH

Market value$6.18M

1.58%

Sole

0.00

Shared

0.00

None

18.13K

ISHARES TR

SOLE

EAFE SML CP ETF

Shares91.84K

TypeSH

Market value$5.42M

1.38%

Sole

0.00

Shared

0.00

None

91.84K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares102.47K

TypeSH

Market value$5.05M

1.29%

Sole

0.00

Shared

0.00

None

102.47K

GLOBE LIFE INC

SOLE

COM

Shares44.71K

TypeSH

Market value$4.90M

1.25%

Sole

0.00

Shared

0.00

None

44.71K

ISHARES TR

SOLE

SELECT DIVID ETF

Shares39.26K

TypeSH

Market value$4.45M

1.14%

Sole

0.00

Shared

0.00

None

39.26K

ISHARES TR

SOLE

BROAD USD HIGH

Shares114.79K

TypeSH

Market value$4.05M

1.03%

Sole

0.00

Shared

0.00

None

114.79K

ISHARES TR

SOLE

BLACKROCK ULTRA

Shares69.67K

TypeSH

Market value$3.50M

0.89%

Sole

0.00

Shared

0.00

None

69.67K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares25.93K

TypeSH

Market value$2.80M

0.72%

Sole

0.00

Shared

0.00

None

25.93K

AMERICAN CENTY ETF TR

SOLE

US SML CP VALU

Shares33.19K

TypeSH

Market value$2.58M

0.66%

Sole

0.00

Shared

0.00

None

33.19K

COHEN & STEERS TOTAL RETURN

SOLE

COM

Shares183.83K

TypeSH

Market value$2.10M

0.54%

Sole

0.00

Shared

0.00

None

183.83K

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares12.03K

TypeSH

Market value$1.95M

0.50%

Sole

0.00

Shared

0.00

None

12.03K

ISHARES TR

SOLE

RESIDENTIAL MULT

Shares19.96K

TypeSH

Market value$1.46M

0.37%

Sole

0.00

Shared

0.00

None

19.96K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD INDEX FDSSOLE	VALUE ETF	541.16K	SH	$76.90M 19.63%	541.16K
VANGUARD INDEX FDSSOLE	GROWTH ETF	233.87K	SH	$66.18M 16.89%	233.87K
J P MORGAN EXCHANGE TRADED FSOLE	ULTRA SHRT INC	1.32M	SH	$66.06M 16.86%	1.32M
ISHARES TRSOLE	CORE US AGGBD ET	339.10K	SH	$33.21M 8.48%	339.10K
SPDR SER TRSOLE	BLOOMBERG INVT	602.22K	SH	$18.48M 4.72%	602.22K
ISHARES TRSOLE	MSCI EAFE ETF	212.48K	SH	$15.40M 3.93%	212.48K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	59.42K	SH	$13.09M 3.34%	59.42K
SPDR SER TRSOLE	PORTFOLIO SHORT	408.02K	SH	$12.01M 3.07%	408.02K
ISHARES TRSOLE	MBS ETF	76.57K	SH	$7.14M 1.82%	76.57K
SPDR SER TRSOLE	PORTFOLIO INTRMD	218.58K	SH	$7.02M 1.79%	218.58K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	41.60K	SH	$6.88M 1.76%	41.60K
ISHARES TRSOLE	CRE U S REIT ETF	133.75K	SH	$6.88M 1.76%	133.75K
VANGUARD INDEX FDSSOLE	SML CP GRW ETF	29.29K	SH	$6.73M 1.72%	29.29K
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	18.13K	SH	$6.18M 1.58%	18.13K
ISHARES TRSOLE	EAFE SML CP ETF	91.84K	SH	$5.42M 1.38%	91.84K
ISHARES INCSOLE	CORE MSCI EMKT	102.47K	SH	$5.05M 1.29%	102.47K
GLOBE LIFE INCSOLE	COM	44.71K	SH	$4.90M 1.25%	44.71K
ISHARES TRSOLE	SELECT DIVID ETF	39.26K	SH	$4.45M 1.14%	39.26K
ISHARES TRSOLE	BROAD USD HIGH	114.79K	SH	$4.05M 1.03%	114.79K
ISHARES TRSOLE	BLACKROCK ULTRA	69.67K	SH	$3.50M 0.89%	69.67K
ISHARES TRSOLE	IBOXX INV CP ETF	25.93K	SH	$2.80M 0.72%	25.93K
AMERICAN CENTY ETF TRSOLE	US SML CP VALU	33.19K	SH	$2.58M 0.66%	33.19K
COHEN & STEERS TOTAL RETURNSOLE	COM	183.83K	SH	$2.10M 0.54%	183.83K
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	12.03K	SH	$1.95M 0.50%	12.03K
ISHARES TRSOLE	RESIDENTIAL MULT	19.96K	SH	$1.46M 0.37%	19.96K

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