Cornerstone Advisors Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core S&P 500 ETF
IVV
|
+$6.74M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.7M |
| 3 |
Cohen & Steers REIT and Preferred and Income Fund
RNP
|
+$3.4M |
| 4 |
IGR
CBRE Global Real Estate Income Fund
IGR
|
+$2.3M |
| 5 |
Calamos Strategic Total Return Fund
CSQ
|
+$2.17M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WIW
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
|
+$2.1M |
| 2 |
EDD
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
|
+$1.81M |
| 3 |
Nuveen AMT-Free Quality Municipal Income Fund
NEA
|
+$1.46M |
| 4 |
NFJ
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
|
+$1.43M |
| 5 |
Apple
AAPL
|
+$1.39M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 9.3% |
| 2 | Technology | 5.88% |
| 3 | Healthcare | 5.66% |
| 4 | Energy | 4.59% |
| 5 | Communication Services | 4.48% |
Similar funds
Cornerstone Advisors's Q3 2013 Portfolio in Review
As of Q3 2013, Cornerstone Advisors held 252 positions worth $307M, up 20% from $255M the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Cornerstone Advisors deployed $47.4M of net new capital in Q3 2013, opening 56 new positions and adding to 59 existing holdings. Its largest new stake was iShares Core S&P 500 ETF: 40,000 shares worth $6.76M.
By sector, the portfolio is most concentrated in Financials at 9.3% of assets, up from 8.1% a quarter earlier, followed by Technology and Healthcare.
On the sell side, the largest reduction was Western Asset Inflation-Linked Opportunities & Income Fund, an estimated $2.1M trimmed.
- Cornerstone Advisors's largest Q3 2013 buy was iShares Core S&P 500 ETF: 40,000 shares worth $6.76M.
- Cornerstone Advisors added most to Cohen & Steers REIT and Preferred and Income Fund in Q3 2013, an estimated $3.4M increase.
- Cornerstone Advisors's biggest Q3 2013 reduction was Western Asset Inflation-Linked Opportunities & Income Fund, cutting an estimated $2.1M.
- Cornerstone Advisors fully exited Nuveen AMT-Free Quality Municipal Income Fund in Q3 2013, selling an estimated $1.46M.
- Cornerstone Advisors's ten largest holdings make up 24% of its $307M portfolio in Q3 2013.
- Cornerstone Advisors opened 56 new positions and closed 23 in Q3 2013.
- Cornerstone Advisors's portfolio value rose 20% quarter-over-quarter to $307M.
Based on Cornerstone Advisors's 13F filing for Q3 2013, filed 12 Nov 2013.