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Livermore
Livermore
ZHEN

Cornerstone Advisory, LLC

SEC CIK
0001668189
Latest filing
Jul 29, 2026

The latest 13F from Cornerstone Advisory, LLC covers Q2 2026 (filed Jul 29, 2026): 273 long positions worth $1.20B. The top 10 holdings make up 43.6% of the portfolio, and the largest is J P Morgan Exchange Traded F at 9.7%. Livermore has 22 filings on Form 13F from this institution, going back to Q1 2021.

What changed in Q2 2026

Share counts compared with Q1 2026: how many positions were new, added to, reduced or sold out, and the biggest buys and sells. Dollar amounts are estimated at the quarter-end prices implied by the filing.

Full comparison
New
31
Est. +$13.2M
Added
154
Est. +$46.8M
Reduced
73
Est. −$15.5M
Sold out
16
Est. −$8.42M

Top 5 holdings

Share of this quarter's portfolio value

  1. J P Morgan Exchange Traded F46641Q332
    9.7%$117.4M
  2. Goldman Sachs ETF Tr38149W622
    7.9%$95.3M
  3. Vanguard High Dividend Yield Index ETF921946406
    5.0%$60.3M
  4. iShares Core S&P 500 ETF464287200
    4.6%$55.1M
  5. J P Morgan Exchange Traded F46641Q159
    3.2%$38.2M

Biggest buys

New and added positions, by estimated amount bought

  1. J P Morgan Exchange Traded F46641Q159
    +$6.49MAdded
  2. Goldman Sachs ETF Tr38149W622
    +$6.45MAdded
  3. Vanguard High Dividend Yield Index ETF921946406
    +$4.38MAdded
  4. SHWSherwin Williams Co
    +$3.33MNewHistory
  5. Janus Detroit STR Tr47103U845
    +$3.10MAdded

Largest weight increases

New and added positions, by percentage points of the portfolio gained

  1. Vanguard Information Technology ETF92204A702
    +0.43 pp1.9% → 2.4%
  2. Goldman Sachs ETF Tr38149W622
    +0.33 pp7.6% → 7.9%
  3. SHWSherwin Williams Co
    +0.28 pp0.0% → 0.3%History
  4. Capital Group Dividend Value14020W106
    +0.24 pp0.5% → 0.7%
  5. GOOGLAlphabet Inc.
    +0.21 pp1.9% → 2.1%History

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. PIMCO Active Bond Exchange-Traded Fund72201R775
    −$3.90MSold out
  2. CHYCalamos Convertible & High Income Fund
    −$2.37MReducedHistory
  3. BRK.BBerkshire Hathaway Inc
    −$1.34MReducedHistory
  4. MQYBlackRock Muniyield Quality Fund, Inc.
    −$1.21MReducedHistory
  5. PDIPIMCO Dynamic Income Fund
    −$1.13MReducedHistory

Largest weight decreases

Reduced and sold-out positions, by percentage points of the portfolio lost

  1. PIMCO Active Bond Exchange-Traded Fund72201R775
    −0.37 pp0.4% → 0.0%
  2. BRK.BBerkshire Hathaway Inc
    −0.32 pp2.5% → 2.1%History
  3. PDIPIMCO Dynamic Income Fund
    −0.23 pp0.9% → 0.7%History
  4. JPMorgan Ultra-Short Income ETF46641Q837
    −0.18 pp1.0% → 0.8%
  5. MQYBlackRock Muniyield Quality Fund, Inc.
    −0.17 pp1.0% → 0.8%History

Metrics

13F metrics for Q2 2026, computed only from the numbers in the filings. Definitions below.

Portfolio value
$1.20B
+$148.9M (+14.1%) vs. prior quarter
Positions
273
+15 vs. prior quarter
Top 10 concentration
43.6%
Top 10 as share of value
Turnover
2.1%
Q2 2026, one quarter
Average holding period
18.7 quarters
Weighted by value

How these are calculated

  • Portfolio value: the market value of all long positions in the 13F, as reported at quarter end, excluding options.
  • Top 10 concentration: the combined value of the 10 largest positions as a share of portfolio value.
  • Turnover: the smaller of this quarter's estimated purchases and estimated sales, divided by the average of this and last quarter's portfolio value. Estimates multiply the change in shares by the quarter-end price implied by the filing (market value divided by shares); new positions use this quarter's value and sold-out positions last quarter's. Only positions reported in shares count, and it is not calculated when the previous quarter was not filed.
  • Average holding period: how many consecutive quarters each current position has been held (including this one; a quarter without the position or without a filing starts the count over), weighted by this quarter's value. Counting starts with the first 13F in Livermore (Q1 2021), so positions held before then are understated.

13F filings by quarter

22 quarters, going back to Q1 2021. Bars show each quarter's 13F portfolio value; quarters without a filing are left blank.

Peak $1.20B (Q2 2026)

Q1 2021: $528.4MQ2 2021: $593.6MQ3 2021: $604.0MQ4 2021: $695.7MQ1 2022: $655.8MQ2 2022: $437.1MQ3 2022: $447.8MQ4 2022: $507.5MQ1 2023: $555.3MQ2 2023: $569.2MQ3 2023: $571.6MQ4 2023: $641.3MQ1 2024: $701.4MQ2 2024: $711.0MQ3 2024: $759.9MQ4 2024: $880.3MQ1 2025: $856.8MQ2 2025: $931.2MQ3 2025: $1.02BQ4 2025: $1.05BQ1 2026: $1.06BQ2 2026: $1.20B
Q1 2021Q2 2026
13F filings of Cornerstone Advisory, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 29, 2026273$1.20BJ P Morgan Exchange Traded FGoldman Sachs ETF TrVanguard High Dividend Yield Index ETFvs. Q1 2026SEC
Q1 2026May 4, 2026258$1.06BJ P Morgan Exchange Traded FGoldman Sachs ETF TrVanguard High Dividend Yield Index ETFvs. Q4 2025SEC
Q4 2025Jan 28, 2026248$1.05BJ P Morgan Exchange Traded FGoldman Sachs ETF TrVanguard High Dividend Yield Index ETFvs. Q3 2025SEC
Q3 2025Nov 7, 2025244$1.02BJ P Morgan Exchange Traded FGoldman Sachs ETF TrVanguard High Dividend Yield Index ETFvs. Q2 2025SEC
Q2 2025Jul 30, 2025239$931.2MJ P Morgan Exchange Traded FGoldman Sachs ETF TrVanguard High Dividend Yield Index ETFvs. Q1 2025SEC
Q1 2025May 7, 2025229$856.8MJ P Morgan Exchange Traded FVanguard High Dividend Yield Index ETFGoldman Sachs ETF Trvs. Q4 2024SEC
Q4 2024Feb 18, 2025233$880.3MJ P Morgan Exchange Traded FVanguard High Dividend Yield Index ETFiShares Core S&P 500 ETFvs. Q3 2024SEC
Q3 2024Nov 12, 2024218$759.9MJ P Morgan Exchange Traded FVanguard High Dividend Yield Index ETFiShares Core S&P 500 ETFvs. Q2 2024SEC
Q2 2024Aug 14, 2024212$711.0MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFVanguard High Dividend Yield Index ETFvs. Q1 2024SEC
Q1 2024May 8, 2024225$701.4MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFVanguard High Dividend Yield Index ETFvs. Q4 2023SEC
Q4 2023Feb 13, 2024222$641.3MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFVanguard High Dividend Yield Index ETFvs. Q3 2023SEC
Q3 2023Nov 14, 2023212$571.6MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFVanguard High Dividend Yield Index ETFvs. Q2 2023SEC
Q2 2023Jul 20, 2023213$569.2MJ P Morgan Exchange Traded FVanguard High Dividend Yield Index ETFiShares Core S&P 500 ETFvs. Q1 2023SEC
Q1 2023May 4, 2023208$555.3MJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFVanguard High Dividend Yield Index ETFvs. Q4 2022SEC
Q4 2022Feb 13, 2023199$507.5MJ P Morgan Exchange Traded FJPMorgan Ultra-Short Income ETFVanguard High Dividend Yield Index ETFvs. Q3 2022SEC
Q3 2022Oct 26, 2022197$447.8MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFJPMorgan Ultra-Short Income ETFvs. Q2 2022SEC
Q2 2022Aug 2, 2022191$437.1MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFVanguard High Dividend Yield Index ETFvs. Q1 2022SEC
Q1 2022May 20, 2022215$655.8MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFAAPLvs. Q4 2021SEC
Q4 2021Feb 23, 2022876$695.7MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFAAPLvs. Q3 2021SEC
Q3 2021Nov 16, 2021219$604.0MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFAAPLvs. Q2 2021SEC
Q2 2021Aug 16, 2021215$593.6MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFAAPLvs. Q1 2021SEC
Q1 2021May 13, 2021203$528.4MJ P Morgan Exchange Traded FiShares Core S&P 500 ETFAAPL–SEC