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Cornerstone Advisors, LLC

SEC CIK
0001775446
Latest filing
Aug 7, 2026

Holdings in Q1 2023

Holdings as of Mar 31, 2023, filed May 15, 2023. Long positions only; changes compare share counts with Q4 2022.

Institution overview
Positions
173
−11 vs. Q4 2022
Portfolio value
$2.16B
+$130.0M (+6.4%) vs. Q4 2022
Filed
May 15, 2023
SEC
Holdings of Cornerstone Advisors, LLC in Q1 2023
SecurityClassSharesValue% of portfolioShare changeActionHistory
AAPLApple Inc.Stock1,019,000$168.0M7.8%00.0%UnchangedHistory
MSFTMicrosoft CorpStock508,000$146.5M6.8%00.0%UnchangedHistory
GOOGAlphabet Inc.Stock928,000$96.5M4.5%00.0%UnchangedHistory
AMZNAmazon Com IncStock809,000$83.6M3.9%00.0%UnchangedHistory
NVDANVIDIA CorpStock230,600$64.1M3.0%00.0%UnchangedHistory
BRK.BBerkshire Hathaway IncStock207,000$63.9M3.0%+28,000+15.6%AddedHistory
UNHUnitedHealth Group IncStock112,100$53.0M2.5%00.0%UnchangedHistory
JPMJPMorgan Chase & CoStock317,000$41.3M1.9%+60,000+23.3%AddedHistory
TSLATesla, Inc.Stock197,000$40.9M1.9%−100,000−33.7%ReducedHistory
VVisa Inc.Stock158,000$35.6M1.7%00.0%UnchangedHistory
XOMExxonMobil Holdings CorpCOM312,000$34.2M1.6%+99,900+47.1%AddedHistory
MAMastercard IncStock89,000$32.3M1.5%00.0%UnchangedHistory
KOCoca Cola CoStock495,600$30.7M1.4%00.0%UnchangedHistory
COSTCostco Wholesale CorpStock60,700$30.2M1.4%00.0%UnchangedHistory
BTXBlackRock Technology & Private Equity Term TrustSHS BEN INT3,600,356$28.9M1.3%−623,400−14.8%ReducedHistory
MRKMerck & Co., Inc.Stock260,000$27.7M1.3%+60,000+30.0%AddedHistory
iShares Core S&P 500 ETF464287200ETF62,000$25.5M1.2%00.0%Unchanged–
Invesco QQQ Trust Series I46090E103ETF79,000$25.4M1.2%00.0%Unchanged–
PEPPepsiCo IncStock136,500$24.9M1.2%00.0%UnchangedHistory
WMTWalmart Inc.Stock165,400$24.4M1.1%+80,000+93.7%AddedHistory
LINLinde PLCStock66,000$23.5M1.1%00.0%UnchangedHistory
BACBank of America CorpStock810,000$23.2M1.1%00.0%UnchangedHistory
CRMSalesforce, Inc.Stock115,000$23.0M1.1%00.0%UnchangedHistory
BMYBristol Myers Squibb CoStock317,500$22.0M1.0%00.0%UnchangedHistory
METAMeta Platforms, Inc.Stock103,000$21.8M1.0%−65,000−38.7%ReducedHistory
DHRDanaher CorpStock83,700$21.1M1.0%00.0%UnchangedHistory
CMCSAComcast CorpStock531,500$20.1M0.9%00.0%UnchangedHistory
ADBEAdobe Inc.Stock52,000$20.0M0.9%00.0%UnchangedHistory
PMPhilip Morris International Inc.Stock205,200$20.0M0.9%+30,000+17.1%AddedHistory
SPYSPDR S&P 500 ETF TrustETF47,500$19.4M0.9%00.0%UnchangedHistory
LOWLowes Companies IncStock90,000$18.0M0.8%00.0%UnchangedHistory
HONHoneywell International IncCOM91,500$17.5M0.8%00.0%UnchangedHistory
State Street Energy Select Sector SPDR ETF81369Y506ETF210,000$17.4M0.8%00.0%Unchanged–
State Street Technology Select Sector SPDR ETF81369Y803ETF115,000$17.4M0.8%00.0%Unchanged–
UNPUnion Pacific CorpStock86,000$17.3M0.8%00.0%UnchangedHistory
ADXAdams Diversified Equity Fund, Inc.COM1,108,094$17.2M0.8%+347,148+45.6%AddedHistory
RTXRTX CorpStock171,800$16.8M0.8%00.0%UnchangedHistory
NFLXNetflix IncStock46,000$15.9M0.7%00.0%UnchangedHistory
BABoeing CoStock74,000$15.7M0.7%00.0%UnchangedHistory
LLYEli Lilly & CoStock45,400$15.6M0.7%+33,000+266.1%AddedHistory
TMUST-Mobile US, Inc.Stock104,700$15.2M0.7%+5,000+5.0%AddedHistory
MSMorgan StanleyStock170,100$14.9M0.7%00.0%UnchangedHistory
LMTLockheed Martin CorpStock31,000$14.7M0.7%00.0%UnchangedHistory
ELVElevance Health, Inc.Stock31,000$14.3M0.7%00.0%UnchangedHistory
GILDGilead Sciences, Inc.Stock165,000$13.7M0.6%+45,000+37.5%AddedHistory
BMEZBlackRock Health Sciences Term TrustCOM SHS816,082$13.6M0.6%−1,367,762−62.6%ReducedHistory
BKNGBooking Holdings Inc.Stock5,000$13.3M0.6%00.0%UnchangedHistory
NBXGNeuberger Next Generation Connectivity Fund Inc.COMMON STOCK1,209,783$12.6M0.6%+73,730+6.5%AddedHistory
TJXTJX Companies IncStock160,000$12.5M0.6%00.0%UnchangedHistory
ORLYO Reilly Automotive IncStock14,500$12.3M0.6%+14,500NewHistory
GAMGeneral American Investors Co IncCOM315,161$12.3M0.6%+8,316+2.7%AddedHistory
DISWalt Disney CoStock115,000$11.5M0.5%00.0%UnchangedHistory
DEDeere & CoStock27,000$11.1M0.5%+27,000NewHistory
PEOAdams Natural Resources Fund, Inc.COM535,377$11.0M0.5%+289,200+117.5%AddedHistory
SCHWSchwab Charles CorpStock205,000$10.7M0.5%00.0%UnchangedHistory
CICigna GroupStock42,000$10.7M0.5%00.0%UnchangedHistory
PGRProgressive CorpStock74,000$10.6M0.5%00.0%UnchangedHistory
INTUIntuit Inc.Stock21,000$9.36M0.4%00.0%UnchangedHistory
CATCaterpillar IncStock40,000$9.15M0.4%+40,000NewHistory
LRCXLam Research CorpCOM17,000$9.01M0.4%00.0%UnchangedHistory
CSXCSX CorpStock296,000$8.86M0.4%00.0%UnchangedHistory
AONAon plcCL A28,000$8.83M0.4%00.0%UnchangedHistory
SYKStryker CorpStock30,000$8.56M0.4%+30,000NewHistory
REGNRegeneron Pharmaceuticals, Inc.COM10,000$8.22M0.4%00.0%UnchangedHistory
JRINuveen Real Asset Income & Growth FundCOM691,357$8.12M0.4%+65,253+10.4%AddedHistory
ITWIllinois Tool Works IncStock33,000$8.03M0.4%+33,000NewHistory
FCXFreeport-McMoran IncStock193,500$7.92M0.4%00.0%UnchangedHistory
PYPLPayPal Holdings, Inc.Stock100,000$7.59M0.4%00.0%UnchangedHistory
FISVFiserv IncStock66,000$7.46M0.3%00.0%UnchangedHistory
COPConocoPhillipsStock73,700$7.31M0.3%00.0%UnchangedHistory
AMATApplied Materials IncStock59,000$7.25M0.3%00.0%UnchangedHistory
BSXBoston Scientific CorpStock142,000$7.10M0.3%+18,000+14.5%AddedHistory
GDGeneral Dynamics CorpStock31,000$7.07M0.3%00.0%UnchangedHistory
HCAHCA Healthcare, Inc.COM26,000$6.86M0.3%00.0%UnchangedHistory
SOSouthern CoStock98,000$6.82M0.3%−18,500−15.9%ReducedHistory
HUMHumana IncStock14,000$6.80M0.3%00.0%UnchangedHistory
NSCNorfolk Southern CorpStock32,000$6.78M0.3%00.0%UnchangedHistory
MCKMcKesson CorpStock19,000$6.76M0.3%00.0%UnchangedHistory
EQIXEquinix IncCOM9,000$6.49M0.3%00.0%UnchangedHistory
MCOMoodys CorpStock21,000$6.43M0.3%00.0%UnchangedHistory
SRESempraStock42,000$6.35M0.3%00.0%UnchangedHistory
VRTXVertex Pharmaceuticals IncStock20,000$6.30M0.3%00.0%UnchangedHistory
CTVACorteva, Inc.Stock103,300$6.23M0.3%00.0%UnchangedHistory
ROPRoper Technologies IncStock14,000$6.17M0.3%00.0%UnchangedHistory
WMWaste Management IncStock36,000$5.87M0.3%−15,000−29.4%ReducedHistory
ROSTRoss Stores, Inc.COM55,000$5.84M0.3%+55,000NewHistory
CMGChipotle Mexican Grill IncCOM3,300$5.64M0.3%00.0%UnchangedHistory
GMGeneral Motors CoCOM153,000$5.61M0.3%00.0%UnchangedHistory
DGDollar General CorpCOM26,000$5.47M0.3%00.0%UnchangedHistory
PSAPublic StorageCOM18,000$5.44M0.3%00.0%UnchangedHistory
UPSUnited Parcel Service IncStock28,000$5.43M0.3%−60,000−68.2%ReducedHistory
PXDPioneer Natural Resources CoCOM26,500$5.41M0.3%00.0%UnchangedHistory
EXCExelon CorpStock128,300$5.37M0.2%00.0%UnchangedHistory
DXCMDexcom IncCOM46,000$5.34M0.2%+46,000NewHistory
OXYOccidental Petroleum CorpStock82,700$5.16M0.2%00.0%UnchangedHistory
TDGTransDigm Group INCCOM7,000$5.16M0.2%00.0%UnchangedHistory
BIIBBiogen Inc.COM18,000$5.00M0.2%00.0%UnchangedHistory
AJGArthur J. Gallagher & Co.COM26,000$4.97M0.2%+26,000NewHistory
MNSTMonster Beverage CorpCOM92,000$4.97M0.2%00.0%UnchangedConverted for a 2-for-1 splitHistory
AEPAmerican Electric Power Co IncStock54,300$4.94M0.2%+21,000+63.1%AddedHistory

Sold out since Q4 2022 (34)

Positions held at the end of Q4 2022 that are gone from this filing.

Positions of Cornerstone Advisors, LLC sold out since Q4 2022
SecurityClassShares in Q4 2022Value in Q4 2022% of portfolio in Q4 2022History
WFCWells Fargo & CompanyStock472,000$19.5M1.0%History
AMTAmerican Tower CorpREIT60,000$12.7M0.6%History
AMDAdvanced Micro Devices IncStock163,000$10.6M0.5%History
CCitigroup IncStock230,000$10.4M0.5%History
INTCIntel CorpStock380,000$10.0M0.5%History
QCOMQualcomm IncStock89,000$9.78M0.5%History
AXPAmerican Express CoStock62,000$9.16M0.5%History
AIOVirtus Artificial Intelligence & Technology Opportunities FundCOM478,689$7.75M0.4%History
ABTAbbott LaboratoriesStock66,000$7.25M0.4%History
ADMArcher-Daniels-Midland CoStock69,000$6.41M0.3%History
MUMicron Technology IncStock120,000$6.00M0.3%History
CHTRCharter Communications, Inc.CL A17,300$5.87M0.3%History
STZConstellation Brands, Inc.Stock22,000$5.10M0.3%History
FDXFedEx CorpStock28,300$4.90M0.2%History
FISFidelity National Information Services, Inc.Stock67,000$4.55M0.2%History
DLRDigital Realty Trust, Inc.COM36,000$3.61M0.2%History
NEMNEWMONT CorpStock70,000$3.30M0.2%History
IFFInternational Flavors & Fragrances IncCOM30,000$3.15M0.2%History
PHParker-Hannifin CorpStock10,000$2.91M0.1%History
WBAWalgreens Boots Alliance, Inc.COM76,000$2.84M0.1%History
LUVSouthwest Airlines CoCOM78,000$2.63M0.1%History
CEMClearBridge MLP & Midstream Fund Inc.COM52,518$1.75M0.1%History
NMLNeuberger Energy Infrastructure & Income Fund Inc.COM218,067$1.45M0.1%History
Macquarie Global Infrastruct55608D101COM60,573$1.38M0.1%–
BALLBALL CorpCOM20,000$1.02M0.1%History
First Tr MLP & Energy Incom33739B104COM58,464$456.6K<0.1%–
HPQHP IncStock14,000$376.2K<0.1%History
CCICrown Castle Inc.REIT2,200$298.4K<0.1%History
PGProcter & Gamble CoStock1,500$227.3K<0.1%History
FDEUFirst Trust Dynamic Europe Equity Income FundCOM SHS19,200$216.6K<0.1%History
DDominion Energy, IncStock3,300$202.4K<0.1%History
FST Tr New Opport MLP & Ene33739M100COM26,552$160.6K<0.1%–
First Tr Energy Infrastrctr33738C103COM11,082$159.8K<0.1%–
MXFMexico Fund IncCOM10,000$147.4K<0.1%History