Cornerstone Advisory Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs Access Ultra Short Bond ETF
GSST
|
+$3.8M |
| 2 |
Amazon
AMZN
|
+$3.12M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$3.01M |
| 4 |
Vanguard Dividend Appreciation ETF
VIG
|
+$2.33M |
| 5 |
Vanguard High Dividend Yield ETF
VYM
|
+$1.99M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard FTSE All-World ex-US ETF
VEU
|
+$11.7M |
| 2 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$6.22M |
| 3 |
iShares Currency Hedged MSCI Eurozone ETF
HEZU
|
+$5.96M |
| 4 |
USFR
WisdomTree Bloomberg Floating Rate Treasury Fund
USFR
|
+$5.94M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$5.73M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 71.61% |
| 2 | Financials | 10.51% |
| 3 | Technology | 4.52% |
| 4 | Communication Services | 3.78% |
| 5 | Consumer Discretionary | 3.64% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Vanguard Morningstar Total Stock Market ETF
VTI
$681B
| – | – |
-1,532
| Closed | -$251K |
|
177
State Street Energy Select Sector SPDR ETF
XLE
$43.3B
| – | – |
-16,000
| Closed | -$480K |
|
|
SPLK
178
DELISTED
Splunk Inc
SPLK
| – | – |
-5,050
| Closed | -$756K |
|
|
MMP
179
DELISTED
Magellan Midstream Partners, L.P.
MMP
| – | – |
-6,500
| Closed | -$409K |
|
|
AMTD
180
DELISTED
TD Ameritrade Holding Corp
AMTD
| – | – |
-7,544
| Closed | -$375K |
|
|
USFR
181
DELISTED
WisdomTree Bloomberg Floating Rate Treasury Fund
USFR
| – | – |
-237,005
| Closed | -$5.94M |
|
Similar funds
Cornerstone Advisory's Q1 2020 Portfolio in Review
As of Q1 2020, Cornerstone Advisory held 181 positions worth $329M, down 32% from $483M the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Cornerstone Advisory withdrew a net $44.9M in Q1 2020, closing 26 positions and reducing 54 holdings. Its most notable exit was iShares Currency Hedged MSCI Eurozone ETF, an estimated $5.96M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 72% of assets, down from 78% a quarter earlier, followed by Financials and Technology.
Against the trend, Cornerstone Advisory opened a new position in Goldman Sachs Access Ultra Short Bond ETF worth $3.73M.
- Cornerstone Advisory's largest Q1 2020 buy was Goldman Sachs Access Ultra Short Bond ETF: 75,295 shares worth $3.73M.
- Cornerstone Advisory added most to Amazon in Q1 2020, an estimated $3.12M increase.
- Cornerstone Advisory's biggest Q1 2020 reduction was Vanguard FTSE All-World ex-US ETF, cutting an estimated $11.7M.
- Cornerstone Advisory fully exited iShares Currency Hedged MSCI Eurozone ETF in Q1 2020, selling an estimated $5.96M.
- Cornerstone Advisory's ten largest holdings make up 39% of its $329M portfolio in Q1 2020.
- Cornerstone Advisory opened 11 new positions and closed 26 in Q1 2020.
- Cornerstone Advisory's portfolio value fell 32% quarter-over-quarter to $329M.
Based on Cornerstone Advisory's 13F filing for Q1 2020, filed 11 May 2020.