Cornerstone Financial Partners Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
|
+$7.92M |
| 2 |
iShares MSCI Europe Financials ETF
EUFN
|
+$6.04M |
| 3 |
AMJ
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
|
+$5.67M |
| 4 |
iShares Core S&P 500 ETF
IVV
|
+$3.15M |
| 5 |
Alerian MLP ETF
AMLP
|
+$3.1M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco Preferred ETF
PGX
|
+$7.79M |
| 2 |
Vanguard FTSE Europe ETF
VGK
|
+$7.36M |
| 3 |
JPS
Nuveen Preferred & Income Securities Fund
JPS
|
+$5.72M |
| 4 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$5.69M |
| 5 |
State Street DoubleLine Total Return Tactical ETF
TOTL
|
+$4.59M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 67.36% |
| 2 | Technology | 6.82% |
| 3 | Consumer Discretionary | 5.65% |
| 4 | Financials | 5.34% |
| 5 | Energy | 4.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
176
Vanguard FTSE Emerging Markets ETF
VWO
$127B
| – | – |
-11,725
| Closed | -$441K |
|
|
WBA
177
DELISTED
Walgreens Boots Alliance
WBA
| – | – |
-4,166
| Closed | -$335K |
|
178
State Street SPDR S&P Pharmaceuticals ETF
XPH
$565M
| – | – |
-11,405
| Closed | -$508K |
|
|
JPS
179
DELISTED
Nuveen Preferred & Income Securities Fund
JPS
| – | – |
-597,675
| Closed | -$5.72M |
|
|
MLNX
180
DELISTED
Mellanox Technologies, Ltd.
MLNX
| – | – |
-11,649
| Closed | -$502K |
|
|
HAR
181
DELISTED
Harman International Industries
HAR
| – | – |
-6,433
| Closed | -$543K |
|
|
CELG
182
DELISTED
Celgene Corp
CELG
| – | – |
-2,377
| Closed | -$247K |
|
|
WNR
183
DELISTED
Western Refining Inc
WNR
| – | – |
-14,027
| Closed | -$369K |
|
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Cornerstone Financial Partners's Q4 2016 Portfolio in Review
As of Q4 2016, Cornerstone Financial Partners held 183 positions worth $313M, up 9.2% from $286M the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Cornerstone Financial Partners deployed $19.8M of net new capital in Q4 2016, opening 35 new positions and adding to 60 existing holdings. Its largest new stake was Xtrackers MSCI EAFE Hedged Equity ETF: 293,487 shares worth $8.24M.
By sector, the portfolio is most concentrated in Miscellaneous at 67% of assets, up from 67% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Invesco Preferred ETF, an estimated $7.79M trimmed.
- Cornerstone Financial Partners's largest Q4 2016 buy was Xtrackers MSCI EAFE Hedged Equity ETF: 293,487 shares worth $8.24M.
- Cornerstone Financial Partners added most to JP Morgan Alerian MLP Index ETN 5/24/24 in Q4 2016, an estimated $5.67M increase.
- Cornerstone Financial Partners's biggest Q4 2016 reduction was Invesco Preferred ETF, cutting an estimated $7.79M.
- Cornerstone Financial Partners fully exited Nuveen Preferred & Income Securities Fund in Q4 2016, selling an estimated $5.72M.
- Cornerstone Financial Partners's ten largest holdings make up 37% of its $313M portfolio in Q4 2016.
- Cornerstone Financial Partners opened 35 new positions and closed 26 in Q4 2016.
- Cornerstone Financial Partners's portfolio value rose 9.2% quarter-over-quarter to $313M.
Based on Cornerstone Financial Partners's 13F filing for Q4 2016, filed 10 Feb 2017.