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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
-3.07%
1 Year Est. Return
+36.62%
3 Year Est. Return
+108.19%
5 Year Est. Return
+137.76%
10 Year Est. Return
–
AUM
$2.15B
AUM Growth
+$50.1M
(+2.4%)
Cap. Flow
-$2.41B
Cap. Flow
% of AUM
-112.34%
Top 10 Holdings %
Top 10 Hldgs %
30.95%
Holding
318
New
59
Increased
99
Reduced
146
Closed
11
Avg Time Held
1.6
years
Top 10 Avg Time Held
2.4
years
Top 20 Avg Time Held
2.1
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$156M |
| 2 |
AbbVie
ABBV
|
+$12.6M |
| 3 |
Abbott
ABT
|
+$8.51M |
| 4 |
Procter & Gamble
PG
|
+$7.47M |
| 5 |
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV
|
+$7.26M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Philip Morris
PM
|
+$2.54B |
| 2 |
Berkshire Hathaway Class B
BRK.B
|
+$21.7M |
| 3 |
JPMorgan Chase
JPM
|
+$11.5M |
| 4 |
Visa
V
|
+$11.5M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$11.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 22.3% |
| 2 | Miscellaneous | 17.87% |
| 3 | Financials | 11.48% |
| 4 | Healthcare | 11.11% |
| 5 | Consumer Discretionary | 8.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$4.99T
| $146M | 6.8% |
+852,000
| New | +$156M |
2023 Q3
0 quarters
|
|
2
Microsoft
MSFT
$4.01T
| $126M | 5.88% |
399,600
-23,300
| -6% | -$7.7M |
2013 Q2
41 quarters
|
|
|
3
Alphabet (Google) Class C
GOOG
$4.22T
| $87.5M | 4.08% |
663,500
-87,900
| -12% | -$11.4M |
2013 Q2
41 quarters
|
|
4
Amazon
AMZN
$2.75T
| $71.8M | 3.35% |
565,000
-49,000
| -8% | -$6.57M |
2015 Q3
32 quarters
|
|
5
NVIDIA
NVDA
$5.25T
| $60.4M | 2.82% |
1,389,000
-163,000
| -11% | -$7.3M |
2020 Q1
14 quarters
|
|
6
Tesla
TSLA
$1.43T
| $40.7M | 1.89% |
162,500
-4,900
| -3% | -$1.26M |
2020 Q4
11 quarters
|
|
7
Meta Platforms (Facebook)
META
$1.88T
| $37.6M | 1.75% |
125,100
-2,100
| -2% | -$633K |
2021 Q2
9 quarters
|
|
8
Invesco QQQ Trust
QQQ
$487B
| $34M | 1.58% |
94,800
-13,200
| -12% | -$4.9M |
2020 Q3
12 quarters
|
|
|
9
Berkshire Hathaway Class B
BRK.B
$1.13T
| $31.7M | 1.48% |
90,600
-61,100
| -40% | -$21.7M |
2018 Q3
20 quarters
|
|
10
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $28.4M | 1.32% |
346,400
-118,800
| -26% | -$10.2M |
2020 Q3
12 quarters
|
|
|
11
JPMorgan Chase
JPM
$891B
| $28.1M | 1.31% |
193,800
-77,000
| -28% | -$11.5M |
2017 Q2
25 quarters
|
|
12
UnitedHealth
UNH
$365B
| $27.4M | 1.28% |
54,303
-15,500
| -22% | -$7.63M |
2021 Q2
9 quarters
|
|
13
ExxonMobil
XOM
$718B
| $27.3M | 1.27% |
232,300
+24,300
| +12% | +$2.67M |
2022 Q2
5 quarters
|
|
14
Eli Lilly
LLY
$1.12T
| $26.6M | 1.24% |
49,500
+800
| +2% | +$412K |
2016 Q4
27 quarters
|
|
15
Walmart Inc
WMT
$935B
| $25.2M | 1.17% |
472,800
+13,200
| +3% | +$702K |
2022 Q4
3 quarters
|
|
|
16
Visa
V
$750B
| $24.6M | 1.15% |
107,000
-47,700
| -31% | -$11.5M |
2017 Q2
25 quarters
|
|
17
Mastercard
MA
$540B
| $23.2M | 1.08% |
58,600
-9,400
| -14% | -$3.77M |
2017 Q3
24 quarters
|
|
18
Adams Diversified Equity Fund
ADX
$3.22B
| $22.6M | 1.05% |
1,356,769
-22,397
| -2% | -$385K |
2020 Q4
11 quarters
|
|
19
Costco
COST
$433B
| $21.2M | 0.99% |
37,500
-13,600
| -27% | -$7.51M |
2017 Q3
24 quarters
|
|
20
BlackRock Technology and Private Equity Term Trust
BTX
$1.01B
| $20.6M | 0.96% |
2,966,534
-23,800
| -0.8% | -$182K |
2022 Q2
5 quarters
|
|
21
Johnson & Johnson
JNJ
$610B
| $19.1M | 0.89% |
122,500
+7,900
| +7% | +$1.3M |
2013 Q2
41 quarters
|
|
22
Coca-Cola
KO
$396B
| $19M | 0.88% |
339,100
-108,600
| -24% | -$6.51M |
2021 Q2
9 quarters
|
|
|
23
Procter & Gamble
PG
$365B
| $18.9M | 0.88% |
129,700
+48,900
| +61% | +$7.47M |
2023 Q2
1 quarter
|
|
24
Gabelli Dividend & Income Trust
GDV
$2.47B
| $18.5M | 0.86% |
952,704
+272,287
| +40% | +$5.69M |
2022 Q4
3 quarters
|
|
25
Broadcom
AVGO
$1.64T
| $15.5M | 0.72% |
187,000
-8,000
| -4% | -$693K |
2022 Q3
4 quarters
|
|
Similar funds
GFA
SL
JFGIW
Cornerstone Advisors's Q3 2023 Portfolio in Review
As of Q3 2023, Cornerstone Advisors held 318 positions worth $2.15B, up 2.4% from $2.1B the previous quarter. Its ten largest holdings account for 31% of the portfolio.
Cornerstone Advisors withdrew a net $2.41B in Q3 2023, closing 11 positions and reducing 146 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $7.98M position sold in full.
By sector, the portfolio is most concentrated in Technology at 22% of assets, up from 17% a quarter earlier, followed by Miscellaneous and Financials.
Against the trend, Cornerstone Advisors opened a new position in Apple worth $146M.
- Cornerstone Advisors's largest Q3 2023 buy was Apple: 852,000 shares worth $146M.
- Cornerstone Advisors added most to Procter & Gamble in Q3 2023, an estimated $7.47M increase.
- Cornerstone Advisors's biggest Q3 2023 reduction was Philip Morris, cutting an estimated $2.54B.
- Cornerstone Advisors fully exited State Street SPDR S&P 500 ETF Trust in Q3 2023, selling an estimated $7.98M.
- Cornerstone Advisors's ten largest holdings make up 31% of its $2.15B portfolio in Q3 2023.
- Cornerstone Advisors opened 59 new positions and closed 11 in Q3 2023.
- Cornerstone Advisors's portfolio value rose 2.4% quarter-over-quarter to $2.15B.
Based on Cornerstone Advisors's 13F filing for Q3 2023, filed 9 Nov 2023.