We are live on
!
Find out more
CA
Cornerstone Advisors Portfolio holdings
AUM
$3.04B
Turnover
28.46%
1-Year Est. Return
36.62%
This Fund
S&P 500
This Quarter
Est. Return
+2.24%
1 Year Est. Return
+36.62%
3 Year Est. Return
+108.19%
5 Year Est. Return
+137.76%
10 Year Est. Return
–
AUM
$502M
AUM Growth
-$9.96M
(-1.9%)
Cap. Flow
-$16.7M
Cap. Flow
% of AUM
-3.32%
Top 10 Holdings %
Top 10 Hldgs %
22.56%
Holding
287
New
24
Increased
38
Reduced
74
Closed
26
Avg Time Held
1.1
years
Top 10 Avg Time Held
0.6
years
Top 20 Avg Time Held
0.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BlackRock Resources & Commodities Strategy Trust
BCX
|
+$11.8M |
| 2 |
abrdn Global Premier Properties Fund
AWP
|
+$1.84M |
| 3 |
Morgan Stanley China A Share Fund
CAF
|
+$1.57M |
| 4 |
Cohen & Steers Total Return Realty Fund
RFI
|
+$1.39M |
| 5 |
Amgen
AMGN
|
+$1.25M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BCF
BLACKROCK REAL ASSET EQUITY TRUST
BCF
|
+$9.74M |
| 2 |
Adams Natural Resources Fund
PEO
|
+$3.22M |
| 3 |
Cohen & Steers REIT and Preferred and Income Fund
RNP
|
+$2.37M |
| 4 |
abrdn Total Dynamic Dividend Fund
AOD
|
+$2.15M |
| 5 |
BQR
BLACKROCK ECOSOLUTIONS INVESTMENT TRUST
BQR
|
+$1.68M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 53.62% |
| 2 | Financials | 9.2% |
| 3 | Technology | 7.71% |
| 4 | Healthcare | 7.07% |
| 5 | Communication Services | 5.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
251
Travelers Companies
TRV
$80.7B
| $212K | 0.04% |
+2,000
| New | +$202K |
2014 Q4
0 quarters
|
|
252
Principal Financial Group
PFG
$23.4B
| $208K | 0.04% |
4,000
| – | – |
2014 Q2
2 quarters
|
|
253
Corning
GLW
$116B
| $206K | 0.04% |
+9,000
| New | +$183K |
2014 Q4
0 quarters
|
|
|
SBW
254
DELISTED
Western Asset Worldwide Income
SBW
| $195K | 0.04% |
17,096
-5,077
| -23% | -$60.1K |
2013 Q4
4 quarters
|
|
|
JEQ
255
DELISTED
abrdn Japan Equity Fund
JEQ
| $180K | 0.04% |
26,637
+2,245
| +9% | +$15.9K |
2014 Q3
1 quarter
|
|
256
Nuveen AMT-Free Municipal Credit Income Fund
NVG
$2.35B
| $175K | 0.03% |
12,421
-8,600
| -41% | -$121K |
2013 Q2
6 quarters
|
|
257
AES
AES
$10.7B
| $174K | 0.03% |
12,600
| – | – |
2013 Q3
5 quarters
|
|
258
Aberdeen Municipal Income Fund
MFM
$208M
| $171K | 0.03% |
25,758
| – | – |
2014 Q2
2 quarters
|
|
259
Invesco High Income Trust II
VLT
$57.9M
| $160K | 0.03% |
10,684
| – | – |
2014 Q1
3 quarters
|
|
260
UBS Asset Management Income Fund, Inc.
CIK
$126M
| $108K | 0.02% |
32,850
-15,896
| -33% | -$53.3K |
2013 Q4
4 quarters
|
|
|
CIF
261
DELISTED
MFS Intermediate High Income Fund
CIF
| $102K | 0.02% |
38,669
| – | – |
2013 Q3
5 quarters
|
|
262
Bank of America
BAC
$364B
| – | – |
-57,700
| Closed | -$984K | – |
|
263
BlackRock Energy and Resources Trust
BGR
$461M
| – | – |
-42,525
| Closed | -$1.02M | – |
|
264
Boston Scientific
BSX
$63.7B
| – | – |
-19,000
| Closed | -$224K | – |
|
265
Central and Eastern Europe Fund
CEE
$122M
| – | – |
-12,298
| Closed | -$291K | – |
|
|
CMU
266
DELISTED
MFS High Yield Municipal Trust
CMU
| – | – |
-11,000
| Closed | -$48K | – |
|
267
Consolidated Edison
ED
$41.2B
| – | – |
-4,500
| Closed | -$255K | – |
|
268
Western Asset Emerging Markets Debt Fund
EMD
$545M
| – | – |
-13,139
| Closed | -$225K | – |
|
269
Templeton Emerging Markets Fund
EMF
$317M
| – | – |
-19,699
| Closed | -$349K | – |
|
270
Entergy
ETR
$50.2B
| – | – |
-8,000
| Closed | -$309K | – |
|
271
Freeport-McMoran
FCX
$100B
| – | – |
-8,500
| Closed | -$278K | – |
|
272
John Hancock Preferred Income Fund
HPI
$364M
| – | – |
-12,323
| Closed | -$247K | – |
|
273
Voya Global Advantage and Premium Opportunity Fund
IGA
$155M
| – | – |
-45,183
| Closed | -$556K | – |
|
274
Coca-Cola
KO
$402B
| – | – |
-37,000
| Closed | -$1.58M | – |
|
275
Newmont
NEM
$124B
| – | – |
-9,000
| Closed | -$207K | – |
|
Similar funds
GFA
SL
JFGIW
Cornerstone Advisors's Q4 2014 Portfolio in Review
As of Q4 2014, Cornerstone Advisors held 287 positions worth $502M, down 1.9% from $512M the previous quarter. Its ten largest holdings account for 23% of the portfolio.
Cornerstone Advisors withdrew a net $16.7M in Q4 2014, closing 26 positions and reducing 74 holdings. Its most notable exit was BLACKROCK REAL ASSET EQUITY TRUST, an estimated $9.74M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 54% of assets, down from 54% a quarter earlier, followed by Financials and Technology.
Against the trend, Cornerstone Advisors opened a new position in Morgan Stanley China A Share Fund worth $1.82M.
- Cornerstone Advisors's largest Q4 2014 buy was Morgan Stanley China A Share Fund: 60,100 shares worth $1.82M.
- Cornerstone Advisors added most to BlackRock Resources & Commodities Strategy Trust in Q4 2014, an estimated $11.8M increase.
- Cornerstone Advisors's biggest Q4 2014 reduction was Adams Natural Resources Fund, cutting an estimated $3.22M.
- Cornerstone Advisors fully exited BLACKROCK REAL ASSET EQUITY TRUST in Q4 2014, selling an estimated $9.74M.
- Cornerstone Advisors's ten largest holdings make up 23% of its $502M portfolio in Q4 2014.
- Cornerstone Advisors opened 24 new positions and closed 26 in Q4 2014.
- Cornerstone Advisors's portfolio value fell 1.9% quarter-over-quarter to $502M.
Based on Cornerstone Advisors's 13F filing for Q4 2014, filed 10 Feb 2015.