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
+4.12%
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
$372M
AUM Growth
+$22.6M
(+6.5%)
Cap. Flow
+$8.44M
Cap. Flow
% of AUM
2.27%
Top 10 Holdings %
Top 10 Hldgs %
77.86%
Holding
51
New
–
Increased
14
Reduced
20
Closed
1
Avg Time Held
3
years
Top 10 Avg Time Held
2.7
years
Top 20 Avg Time Held
2.6
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$7.24M |
| 2 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$3.12M |
| 3 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$782K |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$710K |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$274K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.77M |
| 2 |
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
|
+$892K |
| 3 |
Vanguard Morningstar Value ETF
VTV
|
+$639K |
| 4 |
Vanguard Morningstar Growth ETF
VUG
|
+$346K |
| 5 |
Globe Life
GL
|
+$154K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.76% |
| 2 | Financials | 1.9% |
| 3 | Industrials | 0.57% |
| 4 | Utilities | 0.25% |
| 5 | Consumer Staples | 0.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
26
Global Payments
GPN
$21.4B
| $2.12M | 0.57% |
11,282
-100
| -0.9% | -$20.1K |
2019 Q3
7 quarters
|
|
27
Fidelity MSCI Financials Index ETF
FNCL
$2.25B
| $1.11M | 0.3% |
21,206
| – | – |
2021 Q1
1 quarter
|
|
28
Coca-Cola
KO
$395B
| $855K | 0.23% |
15,807
| – | – |
2014 Q4
26 quarters
|
|
29
Truist Financial
TFC
$55.7B
| $830K | 0.22% |
14,952
| – | – |
2016 Q3
19 quarters
|
|
30
Avantis US Small Cap Value ETF
AVUV
$30.6B
| $774K | 0.21% |
10,183
| – | – |
2020 Q4
2 quarters
|
|
31
Vanguard Morningstar Large-Cap ETF
VV
$54.6B
| $679K | 0.18% |
3,384
-422
| -11% | -$82.4K |
2017 Q4
14 quarters
|
|
32
Avantis Emerging Markets Equity ETF
AVEM
$27.5B
| $659K | 0.18% |
9,475
-550
| -5% | -$37.4K |
2020 Q3
3 quarters
|
|
33
Vanguard Total Bond Market
BND
$162B
| $651K | 0.17% |
7,580
+5
| +0.1% | +$426 |
2014 Q4
26 quarters
|
|
34
Southern Company
SO
$103B
| $625K | 0.17% |
10,325
+1
| +0% | +$64 |
2014 Q4
26 quarters
|
|
35
DELISTED
Everi Holdings
EVRI
| $499K | 0.13% |
20,000
-4,450
| -18% | -$84K |
2020 Q1
5 quarters
|
|
36
Aflac
AFL
$59.3B
| $470K | 0.13% |
8,764
| – | – |
2016 Q1
21 quarters
|
|
37
Bank of America
BAC
$359B
| $437K | 0.12% |
10,600
| – | – |
2017 Q4
14 quarters
|
|
38
Berkshire Hathaway Class B
BRK.B
$1.13T
| $397K | 0.11% |
1,428
| – | – |
2021 Q1
1 quarter
|
|
39
IBM
IBM
$215B
| $360K | 0.1% |
2,567
-104
| -4% | -$14.2K |
2014 Q4
26 quarters
|
|
|
ACBI
40
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $348K | 0.09% |
13,667
-112
| -0.8% | -$2.96K |
2016 Q1
21 quarters
|
|
41
Vanguard Morningstar Mid-Cap Value ETF
VOE
$23.7B
| $314K | 0.08% |
2,236
| – | – |
2020 Q3
3 quarters
|
|
42
Duke Energy
DUK
$93.3B
| $292K | 0.08% |
2,958
+2
| +0.1% | +$201 |
2018 Q4
10 quarters
|
|
43
Global X SuperDividend US ETF
DIV
$760M
| $289K | 0.08% |
14,447
| – | – |
2020 Q2
4 quarters
|
|
44
iShares Russell 1000 Value ETF
IWD
$83.1B
| $282K | 0.08% |
1,779
-5
| -0.3% | -$792 |
2014 Q4
26 quarters
|
|
45
iShares Russell 1000 Growth ETF
IWF
$127B
| $268K | 0.07% |
3,956
-20
| -0.5% | -$1.29K |
2020 Q2
4 quarters
|
|
46
PNC Financial Services
PNC
$86.1B
| $258K | 0.07% |
1,350
| – | – |
2020 Q4
2 quarters
|
|
47
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.97B
| $251K | 0.07% |
8,360
| – | – |
2017 Q4
14 quarters
|
|
48
Global X S&P 500 Catholic Values ETF
CATH
$1.38B
| $234K | 0.06% |
4,388
-380
| -8% | -$19.8K |
2020 Q3
3 quarters
|
|
49
Apple
AAPL
$5.01T
| $227K | 0.06% |
1,660
-20
| -1% | -$2.59K |
2021 Q1
1 quarter
|
|
50
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $211K | 0.06% |
2,118
| – | – |
2021 Q1
1 quarter
|
|
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Cornerstone Management's Q2 2021 Portfolio in Review
As of Q2 2021, Cornerstone Management held 51 positions worth $372M, up 6.5% from $350M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Trading was light in Q2 2021: portfolio turnover was 2%. Cornerstone Management opened no new positions and exited 1, leaving the 51-position portfolio largely intact.
By sector, the portfolio is most concentrated in Miscellaneous at 97% of assets, up from 97% a quarter earlier, followed by Financials and Industrials.
- Cornerstone Management added most to JPMorgan Ultra-Short Income ETF in Q2 2021, an estimated $7.24M increase.
- Cornerstone Management's biggest Q2 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.77M.
- Cornerstone Management fully exited Goldman Sachs Access Treasury 0-1 Year ETF in Q2 2021, selling an estimated $892K.
- Cornerstone Management's ten largest holdings make up 78% of its $372M portfolio in Q2 2021.
- Cornerstone Management opened 0 new positions and closed 1 in Q2 2021.
- Cornerstone Management's portfolio value rose 6.5% quarter-over-quarter to $372M.
Based on Cornerstone Management's 13F filing for Q2 2021, filed 26 May 2023.