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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
+0.96%
1 Year Est. Return
+36.62%
3 Year Est. Return
+108.19%
5 Year Est. Return
+137.76%
10 Year Est. Return
–
AUM
$484M
AUM Growth
-$17.5M
(-3.5%)
Cap. Flow
-$18.9M
Cap. Flow
% of AUM
-3.89%
Top 10 Holdings %
Top 10 Hldgs %
25.51%
Holding
277
New
16
Increased
42
Reduced
67
Closed
36
Avg Time Held
1.2
years
Top 10 Avg Time Held
0.8
years
Top 20 Avg Time Held
0.8
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Morgan Stanley China A Share Fund
CAF
|
+$11.4M |
| 2 |
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
|
+$9.52M |
| 3 |
Eaton Vance Risk-Managed Diversified Equity Income Fund
ETJ
|
+$5.28M |
| 4 |
BlackRock Enhanced Global Dividend Trust
BOE
|
+$4.65M |
| 5 |
Gabelli Equity Trust
GAB
|
+$4.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
FEI
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
|
+$4.77M |
| 2 |
JMF
NUVEEN ENERGY MLP TOTAL RETURN FUND
JMF
|
+$3.66M |
| 3 |
Citigroup
C
|
+$3.3M |
| 4 |
Eaton Vance Floating-Rate Income Trust
EFT
|
+$2.75M |
| 5 |
ClearBridge Energy Midstream Opportunity Fund
EMO
|
+$2.56M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 54.96% |
| 2 | Financials | 8.5% |
| 3 | Technology | 7.6% |
| 4 | Healthcare | 6.96% |
| 5 | Communication Services | 5.61% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
26
Gabelli Equity Trust
GAB
$1.79B
| $4.78M | 0.99% |
758,235
+683,054
| +909% | +$4.3M |
2014 Q4
1 quarter
|
|
27
Nuveen Credit Strategies Income Fund
JQC
$667M
| $4.75M | 0.98% |
524,744
-73,888
| -12% | -$659K |
2014 Q1
4 quarters
|
|
28
Cohen & Steers Total Return Realty Fund
RFI
$278M
| $4.67M | 0.96% |
340,879
-10,722
| -3% | -$144K |
2013 Q3
6 quarters
|
|
29
JPMorgan Chase
JPM
$891B
| $4.62M | 0.95% |
76,332
| – | – |
2013 Q2
7 quarters
|
|
30
Comcast
CMCSA
$77.3B
| $4.52M | 0.93% |
160,050
| – | – |
2013 Q2
7 quarters
|
|
31
CVS Health
CVS
$118B
| $4.3M | 0.89% |
41,630
| – | – |
2013 Q2
7 quarters
|
|
32
Duff & Phelps Utility and Infrastructure Fund
DPG
$473M
| $4.08M | 0.84% |
206,307
+44,523
| +28% | +$908K |
2013 Q2
7 quarters
|
|
|
33
ClearBridge Energy Midstream Opportunity Fund
EMO
$1.01B
| $4.02M | 0.83% |
38,325
-23,623
| -38% | -$2.56M |
2014 Q1
4 quarters
|
|
34
Amgen
AMGN
$235B
| $3.8M | 0.79% |
23,800
| – | – |
2013 Q2
7 quarters
|
|
|
IHD
35
DELISTED
Voya Emerging Markets High Income Dividend Equity Fund
IHD
| $3.74M | 0.77% |
369,526
+65,637
| +22% | +$676K |
2013 Q4
5 quarters
|
|
36
Berkshire Hathaway Class B
BRK.B
$1.13T
| $3.61M | 0.75% |
25,000
| – | – |
2013 Q2
7 quarters
|
|
37
Merck
MRK
$358B
| $3.58M | 0.74% |
65,256
| – | – |
2013 Q2
7 quarters
|
|
38
Home Depot
HD
$308B
| $3.53M | 0.73% |
31,100
| – | – |
2013 Q2
7 quarters
|
|
|
DEX
39
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
| $3.49M | 0.72% |
303,906
+97,778
| +47% | +$1.11M |
2013 Q2
7 quarters
|
|
40
Intel
INTC
$504B
| $3.38M | 0.7% |
108,000
| – | – |
2013 Q3
6 quarters
|
|
41
Alphabet (Google) Class C
GOOG
$4.22T
| $3.31M | 0.68% |
120,329
| – | – |
2013 Q2
7 quarters
|
|
42
Nuveen NASDAQ 100 Dynamic Overwrite Fund
QQQX
$1.49B
| $3.29M | 0.68% |
+175,265
| New | +$3.33M |
2015 Q1
0 quarters
|
|
43
Union Pacific
UNP
$172B
| $3.25M | 0.67% |
30,000
| – | – |
2013 Q2
7 quarters
|
|
44
BlackRock Corporate High Yield Fund
HYT
$1.51B
| $3.13M | 0.65% |
280,109
-29,200
| -9% | -$330K |
2013 Q4
5 quarters
|
|
45
Seven Hills Realty Trust
SEVN
$156M
| $3.12M | 0.64% |
152,552
| – | – |
2013 Q3
6 quarters
|
|
46
Cisco
CSCO
$433B
| $3.03M | 0.63% |
110,000
-20,000
| -15% | -$563K |
2013 Q2
7 quarters
|
|
47
TRI-Continental Corp
TY
$1.84B
| $2.95M | 0.61% |
136,207
+31,800
| +30% | +$684K |
2013 Q2
7 quarters
|
|
48
John Hancock Financial Opportunities Fund
BTO
$714M
| $2.92M | 0.6% |
124,569
+17,837
| +17% | +$404K |
2014 Q1
4 quarters
|
|
49
General American Investors Company
GAM
$1.54B
| $2.88M | 0.59% |
82,321
-33,330
| -29% | -$1.16M |
2013 Q2
7 quarters
|
|
50
GDL Fund
GDL
$89.3M
| $2.79M | 0.58% |
270,249
+107,138
| +66% | +$1.1M |
2014 Q2
3 quarters
|
|
Similar funds
GFA
SL
JFGIW
Cornerstone Advisors's Q1 2015 Portfolio in Review
As of Q1 2015, Cornerstone Advisors held 277 positions worth $484M, down 3.5% from $502M the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Cornerstone Advisors withdrew a net $18.9M in Q1 2015, closing 36 positions and reducing 67 holdings. Its most notable exit was FIRST TRUST MLP AND ENERGY INCOME FUND, an estimated $4.77M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 55% of assets, up from 54% a quarter earlier, followed by Financials and Technology.
Against the trend, Cornerstone Advisors opened a new position in Eaton Vance Risk-Managed Diversified Equity Income Fund worth $5.29M.
- Cornerstone Advisors's largest Q1 2015 buy was Eaton Vance Risk-Managed Diversified Equity Income Fund: 488,928 shares worth $5.29M.
- Cornerstone Advisors added most to Morgan Stanley China A Share Fund in Q1 2015, an estimated $11.4M increase.
- Cornerstone Advisors's biggest Q1 2015 reduction was NUVEEN ENERGY MLP TOTAL RETURN FUND, cutting an estimated $3.66M.
- Cornerstone Advisors fully exited FIRST TRUST MLP AND ENERGY INCOME FUND in Q1 2015, selling an estimated $4.77M.
- Cornerstone Advisors's ten largest holdings make up 26% of its $484M portfolio in Q1 2015.
- Cornerstone Advisors opened 16 new positions and closed 36 in Q1 2015.
- Cornerstone Advisors's portfolio value fell 3.5% quarter-over-quarter to $484M.
Based on Cornerstone Advisors's 13F filing for Q1 2015, filed 11 May 2015.