# Cornerstone Management, Inc.

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 1587867. Source: https://holderbook.com/funds/1587867-cornerstone-management-inc/

- Reported value: $695.1M
- Positions: 67
- Weight of the ten largest: 81.5%
- Filed: 2026-07-16

A 13F reports long US equity positions only. Short positions, bonds, foreign listings, private holdings and cash are not visible, so this is not the manager's whole book.

## Holdings

| Security | Ticker | Value | Shares | Weight | Quarters held |
|---|---|---|---|---|---|
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $171.8M | 1,994,250 | 24.7% | 47 |
| J P MORGAN EXCHANGE TRADED F | [JPST](https://holderbook.com/stocks/JPST/) | $113.7M | 2,248,144 | 16.4% | 32 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $107.9M | 495,026 | 15.5% | 47 |
| ISHARES TR | [AGG](https://holderbook.com/stocks/AGG/) | $46.0M | 464,929 | 6.6% | 47 |
| SPDR SERIES TRUST | [FLRN](https://holderbook.com/stocks/FLRN/) | $26.9M | 872,431 | 3.9% | 22 |
| ISHARES TR | [EFA](https://holderbook.com/stocks/EFA/) | $26.7M | 256,665 | 3.8% | 47 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $20.9M | 57,180 | 3.0% | 31 |
| DIMENSIONAL ETF TRUST | [DFSD](https://holderbook.com/stocks/DFSD/) | $18.6M | 389,336 | 2.7% | 7 |
| ELEVATION SERIES TRUST | [SOVF](https://holderbook.com/stocks/SOVF/) | $18.1M | 607,767 | 2.6% | 11 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $15.8M | 42,589 | 2.3% | 27 |
| SPDR SERIES TRUST | [SPSB](https://holderbook.com/stocks/SPSB/) | $14.1M | 471,154 | 2.0% | 32 |
| ISHARES TR | [MBB](https://holderbook.com/stocks/MBB/) | $12.3M | 129,845 | 1.8% | 22 |
| ISHARES TR | [USRT](https://holderbook.com/stocks/USRT/) | $10.4M | 156,555 | 1.5% | 32 |
| BERKSHIRE HATHAWAY INC DEL | [BRKA](https://holderbook.com/stocks/BRKA/) | $8.2M | 11 | 1.2% | 6 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $8.1M | 100,752 | 1.2% | 7 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $7.9M | 15,817 | 1.1% | 22 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $7.3M | 30,045 | 1.1% | 31 |
| ISHARES INC | [IEMG](https://holderbook.com/stocks/IEMG/) | $7.1M | 85,213 | 1.0% | 38 |
| ISHARES TR | [USHY](https://holderbook.com/stocks/USHY/) | $6.1M | 165,476 | 0.9% | 28 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $6.0M | 73,520 | 0.9% | 35 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $5.1M | 32,916 | 0.7% | 47 |
| ISHARES TR | [LQD](https://holderbook.com/stocks/LQD/) | $4.8M | 44,371 | 0.7% | 35 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $3.0M | 12,644 | 0.4% | 47 |
| AMERICAN CENTY ETF TR | [AVUV](https://holderbook.com/stocks/AVUV/) | $2.5M | 19,883 | 0.4% | 23 |
| LAM RESEARCH CORP | [LRCX](https://holderbook.com/stocks/LRCX/) | $1.7M | 4,035 | 0.3% | 3 |
| INVESCO EXCHANGE TRADED FD T | [XMMO](https://holderbook.com/stocks/XMMO/) | $1.7M | 10,172 | 0.2% | 5 |
| FIRST TR EXCHANGE TRADED FD | [FIW](https://holderbook.com/stocks/FIW/) | $1.7M | 15,223 | 0.2% | 6 |
| PACER FDS TR | [SRVR](https://holderbook.com/stocks/SRVR/) | $1.3M | 42,082 | 0.2% | 20 |
| ISHARES TR | [REZ](https://holderbook.com/stocks/REZ/) | $1.3M | 13,686 | 0.2% | 20 |
| SPDR SERIES TRUST | [SPIB](https://holderbook.com/stocks/SPIB/) | $1.1M | 33,608 | 0.2% | 37 |
| PACER FDS TR | [INDS](https://holderbook.com/stocks/INDS/) | $1.1M | 27,705 | 0.2% | 20 |
| AFLAC INC | [AFL](https://holderbook.com/stocks/AFL/) | $1.0M | 8,624 | 0.1% | 42 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $982.2K | 12,085 | 0.1% | 47 |
| GLOBE LIFE INC | [GL](https://holderbook.com/stocks/GL/) | $932.7K | 5,220 | 0.1% | 28 |
| GLOBAL PMTS INC | [GPN](https://holderbook.com/stocks/GPN/) | $745.8K | 10,279 | 0.1% | 28 |
| WESTERN MIDSTREAM PARTNERS L | [WES](https://holderbook.com/stocks/WES/) | $732.3K | 16,735 | 0.1% | 5 |
| GLOBAL X FDS | [CATH](https://holderbook.com/stocks/CATH/) | $730.3K | 8,252 | 0.1% | 24 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $695.9K | 3,478 | 0.1% | 10 |
| ISHARES TR | [ITA](https://holderbook.com/stocks/ITA/) | $682.9K | 2,817 | 0.1% | 5 |
| FIDELITY COVINGTON TRUST | [FNCL](https://holderbook.com/stocks/FNCL/) | $676.9K | 8,841 | 0.1% | 22 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $581.2K | 10,200 | 0.1% | 35 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $553.0K | 461 | 0.1% | 12 |
| SOUTHSTATE BK CORP | [SSB](https://holderbook.com/stocks/SSB/) | $458.3K | 4,588 | 0.1% | 4 |
| VANGUARD INDEX FDS | [VV](https://holderbook.com/stocks/VV/) | $407.2K | 1,184 | 0.1% | 35 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $385.3K | 516 | 0.1% | 26 |
| SOUTHERN CO | [SO](https://holderbook.com/stocks/SO/) | $364.0K | 3,803 | 0.1% | 47 |
| CSX CORP | [CSX](https://holderbook.com/stocks/CSX/) | $345.2K | 7,262 | 0.0% | 5 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $344.8K | 2,777 | 0.0% | 25 |
| SPDR GOLD TR | [GLD](https://holderbook.com/stocks/GLD/) | $341.1K | 926 | 0.0% | 11 |
| PNC FINL SVCS GROUP INC | [PNC](https://holderbook.com/stocks/PNC/) | $332.4K | 1,350 | 0.0% | 11 |
| ISHARES TR | [IWD](https://holderbook.com/stocks/IWD/) | $326.8K | 1,348 | 0.0% | 47 |
| VANGUARD SCOTTSDALE FDS | [VTWG](https://holderbook.com/stocks/VTWG/) | $325.1K | 1,130 | 0.0% | 5 |
| VANGUARD BD INDEX FDS | [BND](https://holderbook.com/stocks/BND/) | $324.3K | 4,418 | 0.0% | 47 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $316.7K | 753 | 0.0% | 5 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $303.8K | 523 | 0.0% | 1 |
| ISHARES TR | [IDU](https://holderbook.com/stocks/IDU/) | $293.3K | 2,559 | 0.0% | 5 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $286.5K | 990 | 0.0% | 22 |
| DUKE ENERGY CORP NEW | [DUK](https://holderbook.com/stocks/DUK/) | $278.0K | 2,196 | 0.0% | 5 |
| VANECK ETF TRUST | [SLX](https://holderbook.com/stocks/SLX/) | $262.0K | 2,662 | 0.0% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $260.7K | 699 | 0.0% | 19 |
| TRUIST FINL CORP | [TFC](https://holderbook.com/stocks/TFC/) | $236.6K | 4,750 | 0.0% | 11 |
| VANGUARD WORLD FD | [MGV](https://holderbook.com/stocks/MGV/) | $233.1K | 1,426 | 0.0% | 10 |
| ISHARES SILVER TR | [SLV](https://holderbook.com/stocks/SLV/) | $229.2K | 4,287 | 0.0% | 9 |
| AMERICAN CENTY ETF TR | [AVEM](https://holderbook.com/stocks/AVEM/) | $228.2K | 2,365 | 0.0% | 1 |
| GLOBAL X FDS | [DIV](https://holderbook.com/stocks/DIV/) | $223.1K | 11,710 | 0.0% | 11 |
| INVESCO QQQ TR | [QQQ](https://holderbook.com/stocks/QQQ/) | $217.2K | 295 | 0.0% | 1 |
| GLOO HOLDINGS INC | [GLOO](https://holderbook.com/stocks/GLOO/) | $52.5K | 11,543 | 0.0% | 2 |

## What the disclosed book did

Not the fund's return. This is the change in value of the positions disclosed on Form 13F, had they been left untouched, against SPY over the same quarter ends.

| Quarter | Book | Market | Difference | Priced |
|---|---|---|---|---|
| Q2 2026 | +8.7% | +14.8% | -6.1% | 100% |
| Q1 2026 | -2.5% | -4.6% | +2.1% | 100% |
| Q4 2025 | +0.8% | +2.4% | -1.5% | 100% |
| Q3 2025 | +4.9% | +7.8% | -2.9% | 100% |
| Q2 2025 | +5.9% | +10.5% | -4.6% | 100% |
| Q1 2025 | -1.6% | -4.6% | +2.9% | 100% |
| Q4 2024 | -0.4% | +2.1% | -2.6% | 100% |
| Q3 2024 | +5.2% | +5.4% | -0.3% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $695.1M | 67 |
| Q1 2026 | $627.6M | 65 |
| Q4 2025 | $613.2M | 68 |
| Q3 2025 | $604.7M | 63 |
| Q2 2025 | $575.3M | 62 |
| Q1 2025 | $534.1M | 54 |
| Q4 2024 | $516.7M | 53 |
| Q3 2024 | $479.2M | 53 |
| Q2 2024 | $454.8M | 54 |
| Q1 2024 | $450.5M | 54 |
| Q4 2023 | $392.0M | 52 |
| Q3 2023 | $374.2M | 49 |