We are live on
!
Find out more
CM
Cornerstone Management Portfolio holdings
AUM
$695M
Turnover
5.88%
1-Year Est. Return
12.92%
This Fund
S&P 500
This Quarter
Est. Return
+5.02%
1 Year Est. Return
+12.92%
3 Year Est. Return
+39.98%
5 Year Est. Return
+39.84%
10 Year Est. Return
+114.36%
AUM
$362M
AUM Growth
-$17.4M
(-4.6%)
Cap. Flow
-$33.2M
Cap. Flow
% of AUM
-9.18%
Top 10 Holdings %
Top 10 Hldgs %
78.16%
Holding
234
New
180
Increased
18
Reduced
24
Closed
3
Avg Time Held
0.7
years
Top 10 Avg Time Held
3
years
Top 20 Avg Time Held
3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Value ETF
VTV
|
+$1.76M |
| 2 |
Vanguard Morningstar Growth ETF
VUG
|
+$932K |
| 3 |
Vanguard Morningstar Small-Cap Growth ETF
VBK
|
+$593K |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$368K |
| 5 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$306K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$22.9M |
| 2 |
iShares Short Maturity Bond ETF
NEAR
|
+$9.23M |
| 3 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$3.82M |
| 4 |
IBDM
iShares iBonds Dec 2021 Term Corporate ETF
IBDM
|
+$2.97M |
| 5 |
iShares Core US Aggregate Bond ETF
AGG
|
+$1.76M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96% |
| 2 | Financials | 1.9% |
| 3 | Industrials | 0.52% |
| 4 | Utilities | 0.36% |
| 5 | Consumer Staples | 0.34% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
Brighthouse Financial
BHF
$2.8B
| $467 | ﹤0.01% |
+9
| New | +$460 |
2021 Q4
0 quarters
|
|
227
Occidental Petroleum Corp Warrants
OXY.WS
$36.4B
| $467 | ﹤0.01% |
+37
| New | +$508 |
2021 Q4
0 quarters
|
|
228
Ford
F
$49.1B
| $167 | ﹤0.01% |
+8
| New | +$147 |
2021 Q4
0 quarters
|
|
|
VRTV
229
DELISTED
VERITIV CORPORATION
VRTV
| $123 | ﹤0.01% |
+1
| New | +$120 |
2021 Q4
0 quarters
|
|
230
Lumen Technologies, Inc. Common Stock
LUMN
$5.02B
| $63 | ﹤0.01% |
+5
| New | +$64 |
2021 Q4
0 quarters
|
|
231
abrdn Australia Equity Fund
IAF
$119M
| $25 | ﹤0.01% |
+1
| New | +$18 |
2021 Q4
0 quarters
|
|
232
DELISTED
Everi Holdings
EVRI
| – | – |
-15,000
| Closed | -$363K | – |
|
|
233
iShares Short Maturity Bond ETF
NEAR
$5.09B
| – | – |
-184,006
| Closed | -$9.23M | – |
|
|
IBDM
234
DELISTED
iShares iBonds Dec 2021 Term Corporate ETF
IBDM
| – | – |
-119,905
| Closed | -$2.97M | – |
|
Similar funds
DAMU
AGC
VT
IIA
ROP
WCAMG
BWM
MAA
Cornerstone Management's Q4 2021 Portfolio in Review
As of Q4 2021, Cornerstone Management held 234 positions worth $362M, down 4.6% from $380M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Cornerstone Management withdrew a net $33.2M in Q4 2021, closing 3 positions and reducing 24 holdings. Its most notable exit was iShares Short Maturity Bond ETF, an estimated $9.23M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, down from 97% a quarter earlier, followed by Financials and Industrials.
Against the trend, Cornerstone Management opened a new position in Microsoft worth $209K.
- Cornerstone Management's largest Q4 2021 buy was Microsoft: 620 shares worth $209K.
- Cornerstone Management added most to Vanguard Morningstar Value ETF in Q4 2021, an estimated $1.76M increase.
- Cornerstone Management's biggest Q4 2021 reduction was JPMorgan Ultra-Short Income ETF, cutting an estimated $22.9M.
- Cornerstone Management fully exited iShares Short Maturity Bond ETF in Q4 2021, selling an estimated $9.23M.
- Cornerstone Management's ten largest holdings make up 78% of its $362M portfolio in Q4 2021.
- Cornerstone Management opened 180 new positions and closed 3 in Q4 2021.
- Cornerstone Management's portfolio value fell 4.6% quarter-over-quarter to $362M.
Based on Cornerstone Management's 13F filing for Q4 2021, filed 9 May 2023.