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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
+2.13%
1 Year Est. Return
+36.62%
3 Year Est. Return
+108.19%
5 Year Est. Return
+137.76%
10 Year Est. Return
–
AUM
$307M
AUM Growth
+$51.3M
(+20%)
Cap. Flow
+$47.4M
Cap. Flow
% of AUM
15.44%
Top 10 Holdings %
Top 10 Hldgs %
24.35%
Holding
252
New
56
Increased
59
Reduced
43
Closed
23
Avg Time Held
0.2
years
Top 10 Avg Time Held
0.2
years
Top 20 Avg Time Held
0.2
years
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 |
Western Asset Inflation-Linked Opportunities & Income Fund
WIW
|
+$2.1M |
| 2 |
Morgan Stanley Emerging Markets Domestic Debt Fund
EDD
|
+$1.81M |
| 3 |
Nuveen AMT-Free Quality Municipal Income Fund
NEA
|
+$1.46M |
| 4 |
Virtus Dividend, Interest & Premium Strategy Fund
NFJ
|
+$1.43M |
| 5 |
Apple
AAPL
|
+$1.39M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 51.73% |
| 2 | Financials | 15.65% |
| 3 | Technology | 5.88% |
| 4 | Healthcare | 5.66% |
| 5 | Energy | 4.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
201
Gabelli Utility & Income Trust
GLU
$105M
| $276K | 0.09% |
+14,050
| New | +$275K |
2013 Q3
0 quarters
|
|
202
Thermo Fisher Scientific
TMO
$258B
| $276K | 0.09% |
+3,000
| New | +$271K |
2013 Q3
0 quarters
|
|
203
Western Asset Investment Grade Income Fund
PAI
$108M
| $271K | 0.09% |
21,355
+6,972
| +48% | +$87.9K |
2013 Q2
1 quarter
|
|
204
Franklin Master Intermediate Income Trust
PIM
$147M
| $269K | 0.09% |
55,158
-126,927
| -70% | -$625K |
2013 Q2
1 quarter
|
|
|
STJ
205
DELISTED
St Jude Medical
STJ
| $268K | 0.09% |
+5,000
| New | +$258K |
2013 Q3
0 quarters
|
|
206
Xcel Energy
XEL
$46.9B
| $262K | 0.09% |
9,500
| – | – |
2013 Q2
1 quarter
|
|
|
TFCF
207
DELISTED
Twenty-First Century Fox, Inc. Class B
TFCF
| $251K | 0.08% |
+7,500
| New | +$237K |
2013 Q3
0 quarters
|
|
208
Consolidated Edison
ED
$40.6B
| $248K | 0.08% |
4,500
| – | – |
2013 Q2
1 quarter
|
|
209
Waste Management
WM
$89.6B
| $247K | 0.08% |
6,000
| – | – |
2013 Q2
1 quarter
|
|
210
Morgan Stanley
MS
$286B
| $243K | 0.08% |
+9,000
| New | +$241K |
2013 Q3
0 quarters
|
|
211
Western Asset High Income Opportunity Fund
HIO
$306M
| $242K | 0.08% |
+40,489
| New | +$236K |
2013 Q3
0 quarters
|
|
212
Ameriprise Financial
AMP
$44.4B
| $228K | 0.07% |
2,500
| – | – |
2013 Q2
1 quarter
|
|
|
ISL
213
DELISTED
Aberdeen Israel Fund
ISL
| $220K | 0.07% |
14,293
| – | – |
2013 Q2
1 quarter
|
|
214
Corning
GLW
$119B
| $219K | 0.07% |
+15,000
| New | +$222K |
2013 Q3
0 quarters
|
|
215
Bank of America
BAC
$362B
| $207K | 0.07% |
+15,000
| New | +$214K |
2013 Q3
0 quarters
|
|
|
APB
216
DELISTED
Asia Pacific Fund
APB
| $205K | 0.07% |
20,280
-2,300
| -10% | -$23K |
2013 Q2
1 quarter
|
|
217
Becton Dickinson
BDX
$52.8B
| $200K | 0.07% |
+2,050
| New | +$201K |
2013 Q3
0 quarters
|
|
|
FCO
218
DELISTED
abrdn Global Income Fund
FCO
| $197K | 0.06% |
+18,161
| New | +$195K |
2013 Q3
0 quarters
|
|
219
Invesco Municipal Trust
VKQ
$489M
| $190K | 0.06% |
16,200
| – | – |
2013 Q2
1 quarter
|
|
220
Clough Global Opportunities Fund
GLO
$233M
| $173K | 0.06% |
13,473
| – | – |
2013 Q2
1 quarter
|
|
221
AES
AES
$10.7B
| $167K | 0.05% |
+12,600
| New | +$162K |
2013 Q3
0 quarters
|
|
222
Boston Scientific
BSX
$64B
| $164K | 0.05% |
+14,000
| New | +$151K |
2013 Q3
0 quarters
|
|
223
BlackRock Credit Allocation Income Trust
BTZ
$880M
| $164K | 0.05% |
12,613
| – | – |
2013 Q2
1 quarter
|
|
224
GDL Fund
GDL
$89.3M
| $159K | 0.05% |
14,068
| – | – |
2013 Q2
1 quarter
|
|
225
Cohen & Steers Total Return Realty Fund
RFI
$278M
| $131K | 0.04% |
+10,600
| New | +$136K |
2013 Q3
0 quarters
|
|
Similar funds
GFA
SL
JFGIW
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 Miscellaneous at 52% of assets, down from 53% a quarter earlier, followed by Financials and Technology.
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.