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
-15.58%
1 Year Est. Return
+36.62%
3 Year Est. Return
+108.19%
5 Year Est. Return
+137.76%
10 Year Est. Return
–
AUM
$906M
AUM Growth
-$309M
(-25%)
Cap. Flow
-$107M
Cap. Flow
% of AUM
-11.82%
Top 10 Holdings %
Top 10 Hldgs %
36.2%
Holding
221
New
29
Increased
20
Reduced
48
Closed
45
Avg Time Held
2
years
Top 10 Avg Time Held
1.2
years
Top 20 Avg Time Held
1.2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$23.5M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$22.9M |
| 3 |
iShares Core S&P 500 ETF
IVV
|
+$12.3M |
| 4 |
Intel
INTC
|
+$11.6M |
| 5 |
Amazon
AMZN
|
+$9.68M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Cisco
CSCO
|
+$19M |
| 2 |
Adams Diversified Equity Fund
ADX
|
+$14.9M |
| 3 |
Visa
V
|
+$14.9M |
| 4 |
Boeing
BA
|
+$13.4M |
| 5 |
Broadcom
AVGO
|
+$10.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.91% |
| 2 | Healthcare | 13.45% |
| 3 | Financials | 12.96% |
| 4 | Miscellaneous | 11.25% |
| 5 | Communication Services | 10.91% |
Similar funds
GFA
SL
JFGIW
Cornerstone Advisors's Q1 2020 Portfolio in Review
As of Q1 2020, Cornerstone Advisors held 221 positions worth $906M, down 25% from $1.21B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Cornerstone Advisors withdrew a net $107M in Q1 2020, closing 45 positions and reducing 48 holdings. Its most notable exit was Cisco, an estimated $19M position sold in full.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Cornerstone Advisors opened a new position in Intel worth $10.6M.
- Cornerstone Advisors's largest Q1 2020 buy was Intel: 196,000 shares worth $10.6M.
- Cornerstone Advisors added most to Apple in Q1 2020, an estimated $23.5M increase.
- Cornerstone Advisors's biggest Q1 2020 reduction was Adams Diversified Equity Fund, cutting an estimated $14.9M.
- Cornerstone Advisors fully exited Cisco in Q1 2020, selling an estimated $19M.
- Cornerstone Advisors's ten largest holdings make up 36% of its $906M portfolio in Q1 2020.
- Cornerstone Advisors opened 29 new positions and closed 45 in Q1 2020.
- Cornerstone Advisors's portfolio value fell 25% quarter-over-quarter to $906M.
Based on Cornerstone Advisors's 13F filing for Q1 2020, filed 13 May 2020.