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Livermore
Livermore
ZHEN

Cornerstone Wealth Management, LLC

SEC CIK
0001674117
Latest filing
Jul 22, 2026

The latest 13F from Cornerstone Wealth Management, LLC covers Q2 2026 (filed Jul 22, 2026): 744 long positions worth $2.33B. The top 10 holdings make up 23.5% of the portfolio, and the largest is Apple Inc. (AAPL) at 4.4%. Livermore has 21 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
68
Est. +$38.2M
Added
395
Est. +$111.5M
Reduced
233
Est. −$34.2M
Sold out
35
Est. −$10.7M

Top 5 holdings

Share of this quarter's portfolio value

  1. AAPLApple Inc.
    4.4%$101.4MHistory
  2. J P Morgan Exchange Traded F46641Q399
    3.8%$89.2M
  3. State Street SPDR Portfolio S&P 400 Mid Cap ETF78464A847
    3.2%$74.9M
  4. State Street SPDR Portfolio S&P 500 ETF78464A854
    2.5%$58.4M
  5. iShares Core S&P 500 ETF464287200
    2.3%$53.9M

Biggest buys

New and added positions, by estimated amount bought

  1. iShares Tr46429B655
    +$7.49MNew
  2. First Trust Multi Cap Growth Alphadex Fund33733F101
    +$6.23MNew
  3. State Street SPDR Portfolio Intermediate Term Corporate Bond ETF78464A375
    +$3.86MAdded
  4. J P Morgan Exchange Traded F46641Q761
    +$3.55MAdded
  5. DIASPDR Dow Jones Industrial Average ETF Trust
    +$3.43MAddedHistory

Largest weight increases

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

  1. iShares Tr46429B655
    +0.32 pp0.0% → 0.3%
  2. First Trust Multi Cap Growth Alphadex Fund33733F101
    +0.27 pp0.0% → 0.3%
  3. VanEck Semiconductor ETF92189F676
    +0.26 pp0.5% → 0.8%
  4. AMDAdvanced Micro Devices Inc
    +0.25 pp0.2% → 0.4%History
  5. Invesco Exchange Traded FD T46137V746
    +0.24 pp0.7% → 0.9%

Biggest sells

Reduced and sold-out positions, by estimated amount sold

  1. J P Morgan Exchange Traded F46654Q757
    −$1.84MReduced
  2. First Tr Exchng Traded FD VI33740F805
    −$1.79MReduced
  3. Vanguard Dividend Appreciation ETF921908844
    −$1.64MReduced
  4. HONHoneywell International Inc
    −$1.64MSold outHistory
  5. iShares Russell 2000 ETF464287655
    −$1.59MReduced

Largest weight decreases

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

  1. iShares MSCI USA Min Vol Factor ETF46429B697
    −0.14 pp1.2% → 1.1%
  2. Vanguard Dividend Appreciation ETF921908844
    −0.12 pp0.9% → 0.8%
  3. CVXChevron Corp
    −0.12 pp0.3% → 0.2%History
  4. J P Morgan Exchange Traded F46654Q757
    −0.12 pp0.5% → 0.4%
  5. GLDSPDR Gold Trust
    −0.11 pp0.4% → 0.3%History

Metrics

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

Portfolio value
$2.33B
+$327.8M (+16.4%) vs. prior quarter
Positions
744
+33 vs. prior quarter
Top 10 concentration
23.5%
Top 10 as share of value
Turnover
2.1%
Q2 2026, one quarter
Average holding period
12.6 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

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

Peak $2.33B (Q2 2026)

Q1 2021: $845.4MQ2 2021: $950.0MQ3 2021: $939.9MQ4 2021: $1.05BQ1 2022: $1.03BQ2 2022: $902.1MQ3 2022: $898.2MQ1 2023: $1.02BQ2 2023: $1.12BQ3 2023: $1.06BQ4 2023: $1.16BQ1 2024: $1.24BQ2 2024: $1.30BQ3 2024: $1.42BQ4 2024: $1.48BQ1 2025: $1.48BQ2 2025: $1.65BQ3 2025: $1.81BQ4 2025: $1.92BQ1 2026: $2.00BQ2 2026: $2.33B
Q1 2021Q2 2026
13F filings of Cornerstone Wealth Management, LLC by quarter
QuarterFiledPositionsValueTop 3 holdingsChangesFiling
Q2 2026Jul 22, 2026744$2.33BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q1 2026SEC
Q1 2026Apr 24, 2026711$2.00BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q4 2025SEC
Q4 2025Feb 5, 2026690$1.92BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q3 2025SEC
Q3 2025Nov 4, 2025679$1.81BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q2 2025SEC
Q2 2025Aug 12, 2025649$1.65BJ P Morgan Exchange Traded FAAPLState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q1 2025SEC
Q1 2025Apr 18, 2025606$1.48BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q4 2024SEC
Q4 2024Jan 21, 2025580$1.48BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q3 2024SEC
Q3 2024Oct 16, 2024562$1.42BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q2 2024SEC
Q2 2024Jul 16, 2024552$1.30BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q1 2024SEC
Q1 2024Apr 19, 2024534$1.24BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q4 2023SEC
Q4 2023Jan 10, 2024520$1.16BAAPLJ P Morgan Exchange Traded FState Street SPDR Portfolio S&P 400 Mid Cap ETFvs. Q3 2023SEC
Q3 2023Nov 7, 2023524$1.06BAAPLJ P Morgan Exchange Traded FiShares Core S&P 500 ETFvs. Q2 2023SEC
Q2 2023Jul 14, 2023502$1.12BAAPLJ P Morgan Exchange Traded FiShares Core S&P 500 ETFvs. Q1 2023SEC
Q1 2023May 15, 2023469$1.02BAAPLJ P Morgan Exchange Traded FiShares Core S&P 500 ETF–SEC
Q3 2022Oct 14, 2022439$898.2MAAPLiShares Core S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q2 2022SEC
Q2 2022Aug 4, 2022444$902.1MAAPLiShares Core S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q1 2022SEC
Q1 2022Apr 21, 2022461$1.03BAAPLiShares Core S&P 500 ETFJ P Morgan Exchange Traded Fvs. Q4 2021SEC
Q4 2021Feb 14, 2022499$1.05BAAPLiShares Core S&P 500 ETFVanguard Morningstar Total Stock Market ETFvs. Q3 2021SEC
Q3 2021Nov 12, 2021451$939.9MAAPLiShares Core S&P 500 ETFVanguard Morningstar Total Stock Market ETFvs. Q2 2021SEC
Q2 2021Aug 9, 2021473$950.0MAAPLiShares Core S&P 500 ETFiShares MSCI USA Min Vol Factor ETFvs. Q1 2021SEC
Q1 2021Apr 30, 2021451$845.4MAAPLiShares Core S&P 500 ETFiShares MSCI USA Min Vol Factor ETF–SEC