CORNERSTONE PARTNERS CAPITAL MANAGEMENT, LLC

Key Holdings

The portfolio is dominated by GNR (SPDR Series Trust), which represents a massive 60.38% allocation ($21.90M). This ETF tracks the energy infrastructure and natural resources sector, indicating a strong conviction play on commodities or energy security. Following this, the firm established two new major positions in core equity and real estate funds: USRT (iShares Residential Real Estate ETF) at 15.25% ($5.53M) and IVV (iShares Core S&P 500 ETF) at 13.97% ($5.07M). These three positions alone account for nearly 90% of the entire portfolio's value. The remaining holdings are international and emerging market ETFs (IEFA and IEMG), along with minor positions in Amprius Technologies (0.67%) and Blue Owl Technology Finance Corp (0.40%). The heavy weighting in GNR suggests that the portfolio's performance will be largely correlated with the energy and natural resources sector.