Cornerstone Advisory Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Small-Cap Value ETF
VBR
|
+$2.43M |
| 2 |
State Street SPDR S&P Biotech ETF
XBI
|
+$1.69M |
| 3 |
iShares MSCI Emerging Markets ETF
EEM
|
+$763K |
| 4 |
Vanguard Information Technology ETF
VGT
|
+$716K |
| 5 |
NMY
Nuveen Maryland Quality Municipal Income Fund
NMY
|
+$572K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CHY
Calamos Convertible and High Income Fund
CHY
|
+$10.6M |
| 2 |
PCI
PIMCO Dynamic Credit and Mortgage Income Fund
PCI
|
+$1.86M |
| 3 |
INB
Cohen & Steers Global Income Builder, Inc.
INB
|
+$1.62M |
| 4 |
VXX
iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019
VXX
|
+$1.21M |
| 5 |
Alerian MLP ETF
AMLP
|
+$1.17M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Financials | 10% |
| 2 | Communication Services | 6.04% |
| 3 | Industrials | 3.6% |
| 4 | Technology | 3.3% |
| 5 | Healthcare | 2.01% |
Similar funds
Cornerstone Advisory's Q3 2017 Portfolio in Review
As of Q3 2017, Cornerstone Advisory held 145 positions worth $296M, down 1.1% from $299M the previous quarter. Its ten largest holdings account for 44% of the portfolio.
Cornerstone Advisory withdrew a net $12.3M in Q3 2017, closing 4 positions and reducing 54 holdings. Its most notable exit was iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019, an estimated $1.21M position sold in full.
By sector, the portfolio is most concentrated in Financials at 10% of assets, down from 13% a quarter earlier, followed by Communication Services and Industrials.
Against the trend, Cornerstone Advisory opened a new position in DuPont de Nemours worth $547K.
- Cornerstone Advisory's largest Q3 2017 buy was DuPont de Nemours: 3,120 shares worth $547K.
- Cornerstone Advisory added most to Vanguard Morningstar Small-Cap Value ETF in Q3 2017, an estimated $2.43M increase.
- Cornerstone Advisory's biggest Q3 2017 reduction was Calamos Convertible and High Income Fund, cutting an estimated $10.6M.
- Cornerstone Advisory fully exited iPath S&P 500 VIX Short-Term Futures ETN due 1/30/2019 in Q3 2017, selling an estimated $1.21M.
- Cornerstone Advisory's ten largest holdings make up 44% of its $296M portfolio in Q3 2017.
- Cornerstone Advisory opened 6 new positions and closed 4 in Q3 2017.
- Cornerstone Advisory's portfolio value fell 1.1% quarter-over-quarter to $296M.
Based on Cornerstone Advisory's 13F filing for Q3 2017, filed 14 Nov 2017.