# Cornerstone Financial Management LLC

> Institutional holdings reported to the SEC as of Q2 2026 on Form 13F. CIK 2110329. Source: https://holderbook.com/funds/2110329-cornerstone-financial-management-llc/

- Reported value: $249.4M
- Positions: 1,471
- Weight of the ten largest: 36.5%
- Filed: 2026-08-12

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 WORLD FD | [MGV](https://holderbook.com/stocks/MGV/) | $12.3M | 75,160 | 4.9% | 3 |
| VANGUARD WORLD FD | [MGK](https://holderbook.com/stocks/MGK/) | $11.7M | 132,706 | 4.7% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGSH](https://holderbook.com/stocks/VGSH/) | $10.7M | 183,538 | 4.3% | 3 |
| VANGUARD SCOTTSDALE FDS | [VGIT](https://holderbook.com/stocks/VGIT/) | $10.3M | 175,350 | 4.1% | 3 |
| SCHWAB STRATEGIC TR | [SCHX](https://holderbook.com/stocks/SCHX/) | $9.1M | 310,766 | 3.7% | 3 |
| FIRST TR EXCHANGE-TRADED FD | [LMBS](https://holderbook.com/stocks/LMBS/) | $8.0M | 160,346 | 3.2% | 3 |
| VANGUARD WORLD FD | [MGC](https://holderbook.com/stocks/MGC/) | $8.0M | 29,106 | 3.2% | 3 |
| VANGUARD SCOTTSDALE FDS | [VMBS](https://holderbook.com/stocks/VMBS/) | $7.9M | 168,916 | 3.2% | 3 |
| VANGUARD SPECIALIZED FUNDS | [VIG](https://holderbook.com/stocks/VIG/) | $7.4M | 31,216 | 3.0% | 3 |
| ISHARES TR | [EFG](https://holderbook.com/stocks/EFG/) | $5.7M | 46,002 | 2.3% | 3 |
| ISHARES TR | [EFV](https://holderbook.com/stocks/EFV/) | $5.5M | 72,158 | 2.2% | 3 |
| APPLE INC | [AAPL](https://holderbook.com/stocks/AAPL/) | $4.4M | 15,088 | 1.8% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCSH](https://holderbook.com/stocks/VCSH/) | $4.3M | 54,402 | 1.7% | 3 |
| VANGUARD INDEX FDS | [VO](https://holderbook.com/stocks/VO/) | $4.3M | 52,820 | 1.7% | 3 |
| VANGUARD SCOTTSDALE FDS | [VCIT](https://holderbook.com/stocks/VCIT/) | $4.2M | 50,682 | 1.7% | 3 |
| TIMOTHY PLAN | [TPLC](https://holderbook.com/stocks/TPLC/) | $4.2M | 82,592 | 1.7% | 3 |
| PRAXIS FDS | [PRXG](https://holderbook.com/stocks/PRXG/) | $4.0M | 103,300 | 1.6% | 3 |
| UNIFIED SER TR | [OAIM](https://holderbook.com/stocks/OAIM/) | $3.9M | 82,174 | 1.6% | 3 |
| VANGUARD ADMIRAL FDS INC | [IVOV](https://holderbook.com/stocks/IVOV/) | $3.4M | 29,880 | 1.4% | 3 |
| NUSHARES ETF TR | [NULG](https://holderbook.com/stocks/NULG/) | $3.4M | 28,790 | 1.4% | 3 |
| ISHARES TR | [IWP](https://holderbook.com/stocks/IWP/) | $3.4M | 22,888 | 1.3% | 3 |
| J P MORGAN EXCHANGE TRADED F | [JPIE](https://holderbook.com/stocks/JPIE/) | $3.3M | 71,824 | 1.3% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VWO](https://holderbook.com/stocks/VWO/) | $3.2M | 52,914 | 1.3% | 3 |
| VANGUARD MUN BD FDS | [VTEB](https://holderbook.com/stocks/VTEB/) | $3.0M | 58,496 | 1.2% | 3 |
| ISHARES TR | [DMXF](https://holderbook.com/stocks/DMXF/) | $2.9M | 33,794 | 1.1% | 3 |
| COLUMBIA ETF TR I | [EQIN](https://holderbook.com/stocks/EQIN/) | $2.8M | 54,932 | 1.1% | 3 |
| ALPHABET INC | [GOOGL](https://holderbook.com/stocks/GOOGL/) | $2.8M | 7,870 | 1.1% | 3 |
| VANGUARD WHITEHALL FDS | [VYM](https://holderbook.com/stocks/VYM/) | $2.6M | 16,706 | 1.1% | 3 |
| NORTHERN LTS FD TR IV | [IBD](https://holderbook.com/stocks/IBD/) | $2.5M | 106,678 | 1.0% | 3 |
| ISHARES U S ETF TR | [MEAR](https://holderbook.com/stocks/MEAR/) | $2.5M | 49,328 | 1.0% | 3 |
| ISHARES TR | [XVV](https://holderbook.com/stocks/XVV/) | $2.5M | 43,436 | 1.0% | 3 |
| NORTHERN LTS FD TR IV | [ISMD](https://holderbook.com/stocks/ISMD/) | $2.3M | 46,924 | 0.9% | 3 |
| STATE STR SPDR S&P 500 ETF T | [SPY](https://holderbook.com/stocks/SPY/) | $2.3M | 3,082 | 0.9% | 3 |
| VANGUARD INDEX FDS | [VTI](https://holderbook.com/stocks/VTI/) | $2.2M | 6,068 | 0.9% | 3 |
| MICROSOFT CORP | [MSFT](https://holderbook.com/stocks/MSFT/) | $2.1M | 5,564 | 0.8% | 3 |
| ISHARES TR | [IWB](https://holderbook.com/stocks/IWB/) | $2.0M | 4,996 | 0.8% | 3 |
| JPMORGAN CHASE & CO | [JPM](https://holderbook.com/stocks/JPM/) | $2.0M | 6,092 | 0.8% | 3 |
| FIDELITY COVINGTON TRUST | [FESM](https://holderbook.com/stocks/FESM/) | $1.9M | 38,970 | 0.8% | 3 |
| NVIDIA CORPORATION | [NVDA](https://holderbook.com/stocks/NVDA/) | $1.8M | 9,172 | 0.7% | 3 |
| ISHARES TR | [IVV](https://holderbook.com/stocks/IVV/) | $1.6M | 2,170 | 0.7% | 3 |
| AMAZON COM INC | [AMZN](https://holderbook.com/stocks/AMZN/) | $1.5M | 6,168 | 0.6% | 3 |
| ISHARES TR | [STIP](https://holderbook.com/stocks/STIP/) | $1.4M | 14,026 | 0.6% | 3 |
| JOHNSON & JOHNSON | [JNJ](https://holderbook.com/stocks/JNJ/) | $1.4M | 5,510 | 0.6% | 3 |
| ISHARES TR | [ITOT](https://holderbook.com/stocks/ITOT/) | $1.3M | 8,000 | 0.5% | 3 |
| NEXTERA ENERGY INC | [NEE](https://holderbook.com/stocks/NEE/) | $1.3M | 14,380 | 0.5% | 3 |
| VANGUARD WELLINGTON FD | [VTES](https://holderbook.com/stocks/VTES/) | $1.2M | 11,844 | 0.5% | 3 |
| BROADCOM INC | [AVGO](https://holderbook.com/stocks/AVGO/) | $1.1M | 2,870 | 0.4% | 3 |
| VANGUARD TAX-MANAGED FDS | [VEA](https://holderbook.com/stocks/VEA/) | $913.4K | 12,820 | 0.4% | 3 |
| BERKSHIRE HATHAWAY INC DEL | [BRKB](https://holderbook.com/stocks/BRKB/) | $910.7K | 1,820 | 0.4% | 3 |
| INTEL CORP | [INTC](https://holderbook.com/stocks/INTC/) | $887.5K | 6,356 | 0.4% | 3 |
| VANGUARD INDEX FDS | [VUG](https://holderbook.com/stocks/VUG/) | $868.3K | 10,080 | 0.3% | 3 |
| ISHARES TR | [ESML](https://holderbook.com/stocks/ESML/) | $865.1K | 15,466 | 0.3% | 3 |
| ELI LILLY & CO | [LLY](https://holderbook.com/stocks/LLY/) | $854.0K | 712 | 0.3% | 3 |
| NUSHARES ETF TR | [NUMV](https://holderbook.com/stocks/NUMV/) | $845.8K | 19,448 | 0.3% | 3 |
| UNITEDHEALTH GROUP INC | [UNH](https://holderbook.com/stocks/UNH/) | $809.6K | 1,948 | 0.3% | 3 |
| ISHARES TR | [IEFA](https://holderbook.com/stocks/IEFA/) | $805.1K | 8,336 | 0.3% | 3 |
| ISHARES TR | [SUSC](https://holderbook.com/stocks/SUSC/) | $803.1K | 34,688 | 0.3% | 3 |
| ISHARES TR | [IJH](https://holderbook.com/stocks/IJH/) | $787.1K | 10,208 | 0.3% | 3 |
| VANGUARD WHITEHALL FDS | [VYMI](https://holderbook.com/stocks/VYMI/) | $778.1K | 7,924 | 0.3% | 3 |
| VANGUARD SCOTTSDALE FDS | [VTWG](https://holderbook.com/stocks/VTWG/) | $777.7K | 2,704 | 0.3% | 3 |
| ISHARES TR | [SUSB](https://holderbook.com/stocks/SUSB/) | $774.8K | 31,004 | 0.3% | 3 |
| ISHARES TR | [DGRO](https://holderbook.com/stocks/DGRO/) | $759.4K | 10,020 | 0.3% | 3 |
| PEPSICO INC | [PEP](https://holderbook.com/stocks/PEP/) | $739.8K | 5,464 | 0.3% | 3 |
| ISHARES INC | [ESGE](https://holderbook.com/stocks/ESGE/) | $736.1K | 13,460 | 0.3% | 3 |
| COCA COLA CO | [KO](https://holderbook.com/stocks/KO/) | $732.6K | 9,014 | 0.3% | 3 |
| CISCO SYS INC | [CSCO](https://holderbook.com/stocks/CSCO/) | $723.3K | 6,158 | 0.3% | 3 |
| MICRON TECHNOLOGY INC | [MU](https://holderbook.com/stocks/MU/) | $697.2K | 604 | 0.3% | 3 |
| DARDEN RESTAURANTS INC | [DRI](https://holderbook.com/stocks/DRI/) | $673.2K | 3,268 | 0.3% | 3 |
| ISHARES TR | [IWF](https://holderbook.com/stocks/IWF/) | $669.5K | 5,392 | 0.3% | 3 |
| VANGUARD SCOTTSDALE FDS | [VTWV](https://holderbook.com/stocks/VTWV/) | $650.9K | 3,330 | 0.3% | 3 |
| MASTERCARD INCORPORATED | [MA](https://holderbook.com/stocks/MA/) | $629.7K | 1,226 | 0.3% | 3 |
| VANGUARD INTL EQUITY INDEX F | [VT](https://holderbook.com/stocks/VT/) | $612.1K | 3,900 | 0.2% | 3 |
| WELLTOWER INC | [WELL](https://holderbook.com/stocks/WELL/) | $598.3K | 2,636 | 0.2% | 3 |
| WALMART INC | [WMT](https://holderbook.com/stocks/WMT/) | $592.6K | 5,232 | 0.2% | 3 |
| ISHARES TR | [SCZ](https://holderbook.com/stocks/SCZ/) | $584.9K | 7,110 | 0.2% | 3 |
| HOME DEPOT INC | [HD](https://holderbook.com/stocks/HD/) | $569.9K | 1,616 | 0.2% | 3 |
| META PLATFORMS INC | [META](https://holderbook.com/stocks/META/) | $532.9K | 946 | 0.2% | 3 |
| ISHARES TR | [IJR](https://holderbook.com/stocks/IJR/) | $518.8K | 3,498 | 0.2% | 3 |
| ISHARES TR | [IUSG](https://holderbook.com/stocks/IUSG/) | $507.8K | 2,700 | 0.2% | 3 |
| TAIWAN SEMICONDUCTOR MANUFAC | [TSM](https://holderbook.com/stocks/TSM/) | $494.8K | 1,036 | 0.2% | 3 |
| BANK OF AMER CORP | [BAC](https://holderbook.com/stocks/BAC/) | $444.6K | 7,802 | 0.2% | 3 |
| ISHARES TR | [IWC](https://holderbook.com/stocks/IWC/) | $440.1K | 2,200 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VBR](https://holderbook.com/stocks/VBR/) | $431.6K | 1,776 | 0.2% | 3 |
| VISA INC | [V](https://holderbook.com/stocks/V/) | $406.2K | 1,184 | 0.2% | 3 |
| TESLA INC | [TSLA](https://holderbook.com/stocks/TSLA/) | $381.9K | 908 | 0.2% | 3 |
| VANGUARD INDEX FDS | [VOO](https://holderbook.com/stocks/VOO/) | $370.6K | 540 | 0.1% | 3 |
| FIDELITY COVINGTON TRUST | [FTEC](https://holderbook.com/stocks/FTEC/) | $367.3K | 1,286 | 0.1% | 3 |
| ISHARES TR | [TFLO](https://holderbook.com/stocks/TFLO/) | $366.0K | 7,230 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VTV](https://holderbook.com/stocks/VTV/) | $342.1K | 1,570 | 0.1% | 3 |
| LOCKHEED MARTIN CORP | [LMT](https://holderbook.com/stocks/LMT/) | $334.2K | 656 | 0.1% | 3 |
| AMGEN INC | [AMGN](https://holderbook.com/stocks/AMGN/) | $332.4K | 918 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VBK](https://holderbook.com/stocks/VBK/) | $318.2K | 870 | 0.1% | 3 |
| ISHARES TR | [DVY](https://holderbook.com/stocks/DVY/) | $312.6K | 2,000 | 0.1% | 3 |
| NOVARTIS AG | [NVS](https://holderbook.com/stocks/NVS/) | $307.2K | 1,960 | 0.1% | 3 |
| VERIZON COMMUNICATIONS INC | [VZ](https://holderbook.com/stocks/VZ/) | $302.1K | 7,136 | 0.1% | 3 |
| ADVANCED MICRO DEVICES INC | [AMD](https://holderbook.com/stocks/AMD/) | $297.4K | 512 | 0.1% | 3 |
| MORGAN STANLEY | [MS](https://holderbook.com/stocks/MS/) | $295.2K | 1,412 | 0.1% | 3 |
| VANGUARD INDEX FDS | [VOT](https://holderbook.com/stocks/VOT/) | $292.9K | 956 | 0.1% | 3 |
| AMERICAN ELEC PWR CO INC | [AEP](https://holderbook.com/stocks/AEP/) | $284.8K | 2,082 | 0.1% | 3 |
| COSTCO WHOLESALE CORPORATION | [COST](https://holderbook.com/stocks/COST/) | $284.4K | 304 | 0.1% | 3 |

## 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 | +9.7% | +14.8% | -5.2% | 100% |
| Q1 2026 | -1.9% | -4.6% | +2.8% | 100% |

## Quarter by quarter

| Quarter | Value | Positions |
|---|---|---|
| Q2 2026 | $249.4M | 1,471 |
| Q1 2026 | $218.0M | 1,311 |
| Q4 2025 | $213.0M | 1,241 |