CORNERSTONE MANAGEMENT, INC.

Filed: 7/31/2025ACC: 0001085146-25-004337

📋 What this filing means

CORNERSTONE MANAGEMENT, INC. filed this quarterly 13F‑HR report disclosing 62 equity positions with a total reported market value of $575.28M. This filing provides a transparent view of the manager's long equity holdings as of the quarter end.

Positions

$575.28M

Total AUM (reported)

6.15M

Total Shares

Allocation by class

GROWTH ETF$155.95M27.1%

VALUE ETF$96.85M16.8%

ULTRA SHRT ETF$86.87M15.1%

CORE US AGGBD ET$36.64M6.4%

BLOOMBERG INVT$21.14M3.7%

MSCI EAFE ETF$20.08M3.5%

SOVEREIGNS CAPIT$16.24M2.8%

Portfolio Concentration

Top 3$339.67M59.0%

4–10$133.49M23.2%

11–25$80.55M14.0%

Rest$21.57M3.7%

Top 3 weight

59.0%

Top 10 weight

82.2%

Voting Authority Distribution

Total shares with voting rights: 6.15M

Sole

Full voting authority

0.00

% of voting shares0.0%

Shared

Joint voting authority

0.00

% of voting shares0.0%

None

No voting authority

6.15M

% of voting shares100.0%

Investment Discretion (by position count)

Sole62

Shared0

Other0

Dominant voting typeNone · 100.0% of voting shares

Institutional Holdings62

Rows:

VANGUARD INDEX FDS

SOLE

GROWTH ETF

Shares355.74K

TypeSH

Market value$155.95M

27.11%

Sole

0.00

Shared

0.00

None

355.74K

VANGUARD INDEX FDS

SOLE

VALUE ETF

Shares547.97K

TypeSH

Market value$96.85M

16.84%

Sole

0.00

Shared

0.00

None

547.97K

J P MORGAN EXCHANGE TRADED F

SOLE

ULTRA SHRT ETF

Shares1.71M

TypeSH

Market value$86.87M

15.10%

Sole

0.00

Shared

0.00

None

1.71M

ISHARES TR

SOLE

CORE US AGGBD ET

Shares369.38K

TypeSH

Market value$36.64M

6.37%

Sole

0.00

Shared

0.00

None

369.38K

SPDR SERIES TRUST

SOLE

BLOOMBERG INVT

Shares685.83K

TypeSH

Market value$21.14M

3.68%

Sole

0.00

Shared

0.00

None

685.83K

ISHARES TR

SOLE

MSCI EAFE ETF

Shares224.66K

TypeSH

Market value$20.08M

3.49%

Sole

0.00

Shared

0.00

None

224.66K

ELEVATION SERIES TRUST

SOLE

SOVEREIGNS CAPIT

Shares538.61K

TypeSH

Market value$16.24M

2.82%

Sole

0.00

Shared

0.00

None

538.61K

VANGUARD INDEX FDS

SOLE

TOTAL STK MKT

Shares51.40K

TypeSH

Market value$15.62M

2.72%

Sole

0.00

Shared

0.00

None

51.40K

SPDR SERIES TRUST

SOLE

PORTFOLIO SHORT

Shares436.47K

TypeSH

Market value$13.18M

2.29%

Sole

0.00

Shared

0.00

None

436.47K

ISHARES TR

SOLE

MBS ETF

Shares112.62K

TypeSH

Market value$10.57M

1.84%

Sole

0.00

Shared

0.00

None

112.62K

BERKSHIRE HATHAWAY INC DEL

SOLE

CL A

Shares11.00

TypeSH

Market value$8.02M

1.39%

Sole

0.00

Shared

0.00

None

11.00

BERKSHIRE HATHAWAY INC DEL

SOLE

CL B NEW

Shares16.23K

TypeSH

Market value$7.88M

1.37%

Sole

0.00

Shared

0.00

None

16.23K

VANGUARD INDEX FDS

SOLE

SML CP GRW ETF

Shares28.40K

TypeSH

Market value$7.87M

1.37%

Sole

0.00

Shared

0.00

None

28.40K

ISHARES TR

SOLE

CRE U S REIT ETF

Shares126.63K

TypeSH

Market value$7.16M

1.24%

Sole

0.00

Shared

0.00

None

126.63K

DIMENSIONAL ETF TRUST

SOLE

SHORT DURATION F

Shares148.49K

TypeSH

Market value$7.13M

1.24%

Sole

0.00

Shared

0.00

None

148.49K

VANGUARD INDEX FDS

SOLE

SM CP VAL ETF

Shares31.67K

TypeSH

Market value$6.18M

1.07%

Sole

0.00

Shared

0.00

None

31.67K

ISHARES TR

SOLE

BROAD USD HIGH

Shares148K

TypeSH

Market value$5.55M

0.96%

Sole

0.00

Shared

0.00

None

148K

ISHARES TR

SOLE

EAFE SML CP ETF

Shares64.91K

TypeSH

Market value$4.72M

0.82%

Sole

0.00

Shared

0.00

None

64.91K

VANGUARD INDEX FDS

SOLE

MID CAP ETF

Shares16.81K

TypeSH

Market value$4.70M

0.82%

Sole

0.00

Shared

0.00

None

16.81K

ISHARES INC

SOLE

CORE MSCI EMKT

Shares78.26K

TypeSH

Market value$4.70M

0.82%

Sole

0.00

Shared

0.00

None

78.26K

ISHARES TR

SOLE

SELECT DIVID ETF

Shares34.75K

TypeSH

Market value$4.62M

0.80%

Sole

0.00

Shared

0.00

None

34.75K

ISHARES TR

SOLE

IBOXX INV CP ETF

Shares38.76K

TypeSH

Market value$4.25M

0.74%

Sole

0.00

Shared

0.00

None

38.76K

GLOBE LIFE INC

SOLE

COM

Shares23.69K

TypeSH

Market value$2.94M

0.51%

Sole

0.00

Shared

0.00

None

23.69K

VANGUARD SPECIALIZED FUNDS

SOLE

DIV APP ETF

Shares13.15K

TypeSH

Market value$2.69M

0.47%

Sole

0.00

Shared

0.00

None

13.15K

AMERICAN CENTY ETF TR

SOLE

US SML CP VALU

Shares23.64K

TypeSH

Market value$2.15M

0.37%

Sole

0.00

Shared

0.00

None

23.64K

Issuer	Class	Shares	Type	Value / Portfolio %	None
VANGUARD INDEX FDSSOLE	GROWTH ETF	355.74K	SH	$155.95M 27.11%	355.74K
VANGUARD INDEX FDSSOLE	VALUE ETF	547.97K	SH	$96.85M 16.84%	547.97K
J P MORGAN EXCHANGE TRADED FSOLE	ULTRA SHRT ETF	1.71M	SH	$86.87M 15.10%	1.71M
ISHARES TRSOLE	CORE US AGGBD ET	369.38K	SH	$36.64M 6.37%	369.38K
SPDR SERIES TRUSTSOLE	BLOOMBERG INVT	685.83K	SH	$21.14M 3.68%	685.83K
ISHARES TRSOLE	MSCI EAFE ETF	224.66K	SH	$20.08M 3.49%	224.66K
ELEVATION SERIES TRUSTSOLE	SOVEREIGNS CAPIT	538.61K	SH	$16.24M 2.82%	538.61K
VANGUARD INDEX FDSSOLE	TOTAL STK MKT	51.40K	SH	$15.62M 2.72%	51.40K
SPDR SERIES TRUSTSOLE	PORTFOLIO SHORT	436.47K	SH	$13.18M 2.29%	436.47K
ISHARES TRSOLE	MBS ETF	112.62K	SH	$10.57M 1.84%	112.62K
BERKSHIRE HATHAWAY INC DELSOLE	CL A	11.00	SH	$8.02M 1.39%	11.00
BERKSHIRE HATHAWAY INC DELSOLE	CL B NEW	16.23K	SH	$7.88M 1.37%	16.23K
VANGUARD INDEX FDSSOLE	SML CP GRW ETF	28.40K	SH	$7.87M 1.37%	28.40K
ISHARES TRSOLE	CRE U S REIT ETF	126.63K	SH	$7.16M 1.24%	126.63K
DIMENSIONAL ETF TRUSTSOLE	SHORT DURATION F	148.49K	SH	$7.13M 1.24%	148.49K
VANGUARD INDEX FDSSOLE	SM CP VAL ETF	31.67K	SH	$6.18M 1.07%	31.67K
ISHARES TRSOLE	BROAD USD HIGH	148K	SH	$5.55M 0.96%	148K
ISHARES TRSOLE	EAFE SML CP ETF	64.91K	SH	$4.72M 0.82%	64.91K
VANGUARD INDEX FDSSOLE	MID CAP ETF	16.81K	SH	$4.70M 0.82%	16.81K
ISHARES INCSOLE	CORE MSCI EMKT	78.26K	SH	$4.70M 0.82%	78.26K
ISHARES TRSOLE	SELECT DIVID ETF	34.75K	SH	$4.62M 0.80%	34.75K
ISHARES TRSOLE	IBOXX INV CP ETF	38.76K	SH	$4.25M 0.74%	38.76K
GLOBE LIFE INCSOLE	COM	23.69K	SH	$2.94M 0.51%	23.69K
VANGUARD SPECIALIZED FUNDSSOLE	DIV APP ETF	13.15K	SH	$2.69M 0.47%	13.15K
AMERICAN CENTY ETF TRSOLE	US SML CP VALU	23.64K	SH	$2.15M 0.37%	23.64K

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