We are live on ! Find out more
CA

Cornerstone Advisors Portfolio holdings

AUM $3.04B
1-Year Est. Return 36.62%
This Fund
S&P 500
This Quarter Est. Return
+9.56%
1 Year Est. Return
+36.62%
3 Year Est. Return
+108.19%
5 Year Est. Return
+137.76%
10 Year Est. Return
–
AUM
$1.11B
AUM Growth
+$42.6M
Cap. Flow
-$36.9M
Cap. Flow %
-3.31%
Top 10 Hldgs %
39.72%
Holding
222
New
33
Increased
33
Reduced
42
Closed
46

Top Buys

Rank Stock Value
1
AMZN icon
Amazon
AMZN
+$15.8M
2
QQQ icon
Invesco QQQ Trust
QQQ
+$9.76M
3
WMT icon
Walmart Inc
WMT
+$9.74M
4
DPG
Duff & Phelps Utility and Infrastructure Fund
DPG
+$6.66M
5
GDV icon
Gabelli Dividend & Income Trust
GDV
+$6.62M

Top Sells

Rank Stock Value
1
MA icon
Mastercard
MA
+$17.2M
2
SPY icon
State Street SPDR S&P 500 ETF Trust
SPY
+$14.5M
3
IVV icon
iShares Core S&P 500 ETF
IVV
+$13.9M
4
META icon
Meta Platforms (Facebook)
META
+$13.2M
5
MRK icon
Merck
MRK
+$10.8M

Sector Composition

Rank Sector Weight
1 Technology 23.68%
2 Healthcare 13.56%
3 Communication Services 9.94%
4 Consumer Discretionary 9.86%
5 Financials 8.82%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
PEP icon
201
PepsiCo
PEP
$188B
– –
-65,000
Closed -$8.6M
PM icon
202
Philip Morris
PM
$290B
– –
-74,000
Closed -$5.18M
PPG icon
203
PPG Industries
PPG
$25.8B
– –
-11,000
Closed -$1.17M
SBUX icon
204
Starbucks
SBUX
$119B
– –
-30,000
Closed -$2.21M
SEVN
205
Seven Hills Realty Trust
SEVN
$169M
– –
-69,449
Closed -$810K
SOR
206
Source Capital
SOR
$381M
– –
-79,733
Closed -$2.64M
SPY icon
207
State Street SPDR S&P 500 ETF Trust
SPY
$809B
– –
-47,000
Closed -$14.5M
SYK icon
208
Stryker
SYK
$132B
– –
-10,000
Closed -$1.8M
T icon
209
AT&T
T
$165B
– –
-119,160
Closed -$2.72M
TDF
210
Templeton Dragon Fund
TDF
$281M
– –
-87,823
Closed -$1.77M
TDG icon
211
TransDigm Group
TDG
$67.6B
– –
-3,700
Closed -$1.64M
THQ
212
abrdn Healthcare Opportunities Fund
THQ
$805M
– –
-126,059
Closed -$2.24M
TJX icon
213
TJX Companies
TJX
$176B
– –
-45,000
Closed -$2.27M
TROW icon
214
T. Rowe Price
TROW
$24.3B
– –
-6,000
Closed -$741K
TYG
215
Tortoise Energy Infrastructure Corp
TYG
$1.08B
– –
-17,000
Closed -$273K
UNH icon
216
UnitedHealth
UNH
$372B
– –
-24,000
Closed -$7.08M
WTW icon
217
Willis Towers Watson
WTW
$32B
– –
-8,000
Closed -$1.58M
XOM icon
218
ExxonMobil
XOM
$663B
– –
-42,000
Closed -$1.88M
ZBH icon
219
Zimmer Biomet
ZBH
$18.5B
– –
-9,270
Closed -$1.07M
DEX
220
DELISTED
DELAWARE ENHANCED GLOBAL DIVIDEND & INCOME FUND
DEX
– –
-41,600
Closed -$336K
SMM
221
DELISTED
Salient Midstream & MLP Fund
SMM
– –
-78,400
Closed -$324K
GMZ
222
DELISTED
Goldman Sachs MLP Income Opportunities Fund
GMZ
– –
-262,127
Closed -$2.51M
5 6 7 8
9

Similar funds

MCM
Masters Capital Management Atlanta, Georgia $3.03B AUM 57.21% 1-Year Est. Return
EP
Edgestream Partners Princeton, New Jersey $3.05B AUM 12.73% 1-Year Est. Return
SAG
Susquehanna Advisors Group Bala Cynwyd, Pennsylvania $3.05B AUM 41.49% 1-Year Est. Return
CLG
Cooperman Leon G $3.05B AUM 42.78% 1-Year Est. Return
CM
Castleark Management Chicago, Illinois $3.02B AUM 53.92% 1-Year Est. Return
CFM
Comprehensive Financial Management Los Gatos, California $3.01B AUM 2.93% 1-Year Est. Return
SM
Senvest Management New York $3.01B AUM 35.7% 1-Year Est. Return
TAM
Trillium Asset Management Boston, Massachusetts $3.01B AUM 19.96% 1-Year Est. Return

Cornerstone Advisors's Q3 2020 Portfolio in Review

As of Q3 2020, Cornerstone Advisors held 222 positions worth $1.11B, up 4% from $1.07B the previous quarter. Its ten largest holdings account for 40% of the portfolio.

Cornerstone Advisors withdrew a net $36.9M in Q3 2020, closing 46 positions and reducing 42 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $14.5M position sold in full.

By sector, the portfolio is most concentrated in Technology at 24% of assets, up from 22% a quarter earlier, followed by Healthcare and Communication Services.

Against the trend, Cornerstone Advisors opened a new position in Invesco QQQ Trust worth $10M.

  • Cornerstone Advisors's largest Q3 2020 buy was Invesco QQQ Trust: 36,000 shares worth $10M.
  • Cornerstone Advisors added most to Amazon in Q3 2020, an estimated $15.8M increase.
  • Cornerstone Advisors's biggest Q3 2020 reduction was Mastercard, cutting an estimated $17.2M.
  • Cornerstone Advisors fully exited State Street SPDR S&P 500 ETF Trust in Q3 2020, selling an estimated $14.5M.
  • Cornerstone Advisors's ten largest holdings make up 40% of its $1.11B portfolio in Q3 2020.
  • Cornerstone Advisors opened 33 new positions and closed 46 in Q3 2020.
  • Cornerstone Advisors's portfolio value rose 4% quarter-over-quarter to $1.11B.

Based on Cornerstone Advisors's 13F filing for Q3 2020, filed 13 Nov 2020.