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Cornerstone Management Portfolio holdings
AUM
$695M
Turnover
5.88%
1-Year Est. Return
12.92%
This Fund
S&P 500
This Quarter
Est. Return
+5.76%
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
$355M
AUM Growth
-$13.1M
(-3.6%)
Cap. Flow
-$31M
Cap. Flow
% of AUM
-8.73%
Top 10 Holdings %
Top 10 Hldgs %
79.16%
Holding
253
New
5
Increased
29
Reduced
32
Closed
12
Avg Time Held
1.6
years
Top 10 Avg Time Held
3.8
years
Top 20 Avg Time Held
3.9
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$5.6M |
| 2 |
Vanguard Morningstar Small-Cap Growth ETF
VBK
|
+$1,000K |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$649K |
| 4 |
iShares MBS ETF
MBB
|
+$268K |
| 5 |
Apollo Global Management
APO
|
+$262K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$16.2M |
| 2 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$8.9M |
| 3 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$5.51M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$5.48M |
| 5 |
Vanguard Morningstar Value ETF
VTV
|
+$2.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 95.94% |
| 2 | Financials | 2.19% |
| 3 | Industrials | 0.42% |
| 4 | Utilities | 0.32% |
| 5 | Consumer Staples | 0.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
226
Century Communities
CCS
$1.58B
| $768 | ﹤0.01% |
15
| – | – |
2021 Q4
4 quarters
|
|
227
Corsair Gaming
CRSR
$1.43B
| $720 | ﹤0.01% |
53
| – | – |
2021 Q4
4 quarters
|
|
228
Organon & Co
OGN
$3.61B
| $587 | ﹤0.01% |
21
| – | – |
2021 Q4
4 quarters
|
|
229
Viatris
VTRS
$20.9B
| $468 | ﹤0.01% |
42
-127
| -75% | -$1.33K |
2021 Q4
4 quarters
|
|
230
Brighthouse Financial
BHF
$2.8B
| $462 | ﹤0.01% |
9
| – | – |
2021 Q4
4 quarters
|
|
231
Herbalife
HLF
$1.53B
| $447 | ﹤0.01% |
30
| – | – |
2021 Q4
4 quarters
|
|
232
Vanguard S&P 500 ETF
VOO
$1.05T
| $352 | ﹤0.01% |
+1
| New | +$353 |
2022 Q4
0 quarters
|
|
233
Carnival Corporation Ltd
CCL
$35.6B
| $283 | ﹤0.01% |
35
| – | – |
2021 Q4
4 quarters
|
|
234
Haleon
HLN
$43.7B
| $224 | ﹤0.01% |
28
| – | – |
2022 Q3
1 quarter
|
|
235
Kyndryl
KD
$2.87B
| $223 | ﹤0.01% |
20
| – | – |
2021 Q4
4 quarters
|
|
236
CareDx
CDNA
$3.45B
| $172 | ﹤0.01% |
15
| – | – |
2021 Q4
4 quarters
|
|
237
Optimum Communications Inc
OPTU
$366M
| $171 | ﹤0.01% |
37
| – | – |
2021 Q4
4 quarters
|
|
|
VRTV
238
DELISTED
VERITIV CORPORATION
VRTV
| $122 | ﹤0.01% |
1
| – | – |
2021 Q4
4 quarters
|
|
239
Ford
F
$49.1B
| $94 | ﹤0.01% |
8
| – | – |
2021 Q4
4 quarters
|
|
240
Lumen Technologies, Inc. Common Stock
LUMN
$5.02B
| $27 | ﹤0.01% |
5
| – | – |
2021 Q4
4 quarters
|
|
241
abrdn Australia Equity Fund
IAF
$119M
| $18 | ﹤0.01% |
1
| – | – |
2021 Q4
4 quarters
|
|
242
AGNC Investment
AGNC
$10.5B
| – | – |
-1,700
| Closed | -$14.3K | – |
|
243
CMS Energy
CMS
$21B
| – | – |
-1,008
| Closed | -$58.7K | – |
|
244
Exelon
EXC
$43.8B
| – | – |
-1,226
| Closed | -$45.9K | – |
|
245
Kelly Services Class A
KELYA
$541M
| – | – |
-1,750
| Closed | -$23.8K | – |
|
246
Kite Realty
KRG
$4.91B
| – | – |
-1,246
| Closed | -$21.5K | – |
|
247
Alliant Energy
LNT
$17.4B
| – | – |
-1,186
| Closed | -$62.8K | – |
|
|
248
iShares Short Maturity Bond ETF
NEAR
$5.09B
| – | – |
-111,253
| Closed | -$5.48M | – |
|
249
Piedmont Realty Trust
PDM
$1.13B
| – | – |
-1,100
| Closed | -$11.6K | – |
|
250
SBA Communications
SBAC
$19.5B
| – | – |
-246
| Closed | -$70K | – |
|
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Cornerstone Management's Q4 2022 Portfolio in Review
As of Q4 2022, Cornerstone Management held 253 positions worth $355M, down 3.6% from $368M the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Cornerstone Management withdrew a net $31M in Q4 2022, closing 12 positions and reducing 32 holdings. Its most notable exit was iShares Short Maturity Bond ETF, an estimated $5.48M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, down from 96% a quarter earlier, followed by Financials and Industrials.
Against the trend, Cornerstone Management opened a new position in Apollo Global Management worth $281K.
- Cornerstone Management's largest Q4 2022 buy was Apollo Global Management: 4,409 shares worth $281K.
- Cornerstone Management added most to Vanguard Morningstar Growth ETF in Q4 2022, an estimated $5.6M increase.
- Cornerstone Management's biggest Q4 2022 reduction was JPMorgan Ultra-Short Income ETF, cutting an estimated $16.2M.
- Cornerstone Management fully exited iShares Short Maturity Bond ETF in Q4 2022, selling an estimated $5.48M.
- Cornerstone Management's ten largest holdings make up 79% of its $355M portfolio in Q4 2022.
- Cornerstone Management opened 5 new positions and closed 12 in Q4 2022.
- Cornerstone Management's portfolio value fell 3.6% quarter-over-quarter to $355M.
Based on Cornerstone Management's 13F filing for Q4 2022, filed 9 May 2023.