Cornerstone Advisors Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
BlackRock Health Sciences Trust II
BMEZ
|
+$10.4M |
| 2 |
Danaher
DHR
|
+$5.65M |
| 3 |
TRI-Continental Corp
TY
|
+$5.52M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$3.55M |
| 5 |
FEI
FIRST TRUST MLP AND ENERGY INCOME FUND
FEI
|
+$3.35M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Adams Diversified Equity Fund
ADX
|
+$7.47M |
| 2 |
Eli Lilly
LLY
|
+$6.95M |
| 3 |
Royce Micro-Cap Trust
RMT
|
+$6.95M |
| 4 |
Virtus Equity & Convertible Income Fund
NIE
|
+$6.06M |
| 5 |
JPMorgan Chase
JPM
|
+$5.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 21.02% |
| 2 | Financials | 14.52% |
| 3 | Healthcare | 13.65% |
| 4 | Miscellaneous | 11.8% |
| 5 | Consumer Discretionary | 11.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
176
Prologis
PLD
$121B
| – | – |
-20,000
| Closed | -$3.37M | – |
|
177
Regeneron Pharmaceuticals
REGN
$82B
| – | – |
-2,000
| Closed | -$1.26M | – |
|
|
178
Royce Micro-Cap Trust
RMT
$696M
| – | – |
-601,315
| Closed | -$6.95M | – |
|
179
Sysco
SYY
$40.4B
| – | – |
-43,000
| Closed | -$3.38M | – |
|
180
Target
TGT
$71.2B
| – | – |
-12,000
| Closed | -$2.78M | – |
|
181
TJX Companies
TJX
$159B
| – | – |
-34,600
| Closed | -$2.63M | – |
|
182
Walmart Inc
WMT
$935B
| – | – |
-111,000
| Closed | -$5.35M | – |
|
Similar funds
Cornerstone Advisors's Q1 2022 Portfolio in Review
As of Q1 2022, Cornerstone Advisors held 182 positions worth $1.7B, down 7.8% from $1.84B the previous quarter. Its ten largest holdings account for 38% of the portfolio.
Cornerstone Advisors withdrew a net $73M in Q1 2022, closing 19 positions and reducing 30 holdings. Its most notable exit was Royce Micro-Cap Trust, an estimated $6.95M position sold in full.
By sector, the portfolio is most concentrated in Technology at 21% of assets, down from 21% a quarter earlier, followed by Financials and Healthcare.
Against the trend, Cornerstone Advisors opened a new position in BlackRock Health Sciences Trust II worth $10.1M.
- Cornerstone Advisors's largest Q1 2022 buy was BlackRock Health Sciences Trust II: 501,100 shares worth $10.1M.
- Cornerstone Advisors added most to TRI-Continental Corp in Q1 2022, an estimated $5.52M increase.
- Cornerstone Advisors's biggest Q1 2022 reduction was Adams Diversified Equity Fund, cutting an estimated $7.47M.
- Cornerstone Advisors fully exited Royce Micro-Cap Trust in Q1 2022, selling an estimated $6.95M.
- Cornerstone Advisors's ten largest holdings make up 38% of its $1.7B portfolio in Q1 2022.
- Cornerstone Advisors opened 9 new positions and closed 19 in Q1 2022.
- Cornerstone Advisors's portfolio value fell 7.8% quarter-over-quarter to $1.7B.
Based on Cornerstone Advisors's 13F filing for Q1 2022, filed 12 May 2022.