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 | |
|---|---|---|---|---|---|---|---|
26
Fidelity MSCI Financials Index ETF
FNCL
$2.25B
| $1.19M | 0.33% |
21,206
| – | – |
2021 Q1
3 quarters
|
|
27
Coca-Cola
KO
$395B
| $936K | 0.26% |
15,803
-4
| -0% | -$223 |
2014 Q4
28 quarters
|
|
28
iShares Residential and Multisector Real Estate ETF
REZ
$786M
| $870K | 0.24% |
8,855
+1,216
| +16% | +$112K |
2021 Q3
1 quarter
|
|
29
Pacer Data & Infrastructure Real Estate ETF
SRVR
$293M
| $822K | 0.23% |
18,992
+2,819
| +17% | +$115K |
2021 Q3
1 quarter
|
|
30
Vanguard Morningstar Large-Cap ETF
VV
$54.6B
| $722K | 0.2% |
3,267
-4
| -0.1% | -$858 |
2017 Q4
16 quarters
|
|
31
Southern Company
SO
$103B
| $708K | 0.2% |
10,328
+1
| +0% | +$64 |
2014 Q4
28 quarters
|
|
32
Vanguard Total Bond Market
BND
$162B
| $698K | 0.19% |
8,234
+493
| +6% | +$42K |
2014 Q4
28 quarters
|
|
33
Avantis Emerging Markets Equity ETF
AVEM
$27.5B
| $631K | 0.17% |
9,965
+490
| +5% | +$31.6K |
2020 Q3
5 quarters
|
|
34
Aflac
AFL
$59.3B
| $512K | 0.14% |
8,764
| – | – |
2016 Q1
23 quarters
|
|
35
Pacer Industrial Real Estate ETF
INDS
$99.4M
| $477K | 0.13% |
8,518
+1,082
| +15% | +$54.8K |
2021 Q3
1 quarter
|
|
36
Bank of America
BAC
$359B
| $472K | 0.13% |
10,600
| – | – |
2017 Q4
16 quarters
|
|
37
Inspire 100 ETF
BIBL
$505M
| $398K | 0.11% |
10,102
+2,796
| +38% | +$122K |
2021 Q3
1 quarter
|
|
|
ACBI
38
DELISTED
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
| $393K | 0.11% |
13,667
| – | – |
2016 Q1
23 quarters
|
|
39
Truist Financial
TFC
$55.7B
| $389K | 0.11% |
6,638
-8,314
| -56% | -$508K |
2016 Q3
21 quarters
|
|
40
IBM
IBM
$215B
| $333K | 0.09% |
2,494
-73
| -3% | -$9.16K |
2014 Q4
28 quarters
|
|
41
Global X SuperDividend US ETF
DIV
$760M
| $327K | 0.09% |
15,711
+1,264
| +9% | +$25.7K |
2020 Q2
6 quarters
|
|
42
Apple
AAPL
$5.01T
| $304K | 0.08% |
1,711
+51
| +3% | +$8.06K |
2021 Q1
3 quarters
|
|
43
iShares Russell 1000 Growth ETF
IWF
$127B
| $301K | 0.08% |
3,936
-20
| -0.5% | -$1.48K |
2020 Q2
6 quarters
|
|
44
Berkshire Hathaway Class B
BRK.B
$1.13T
| $300K | 0.08% |
1,005
-243
| -19% | -$69.6K |
2021 Q1
3 quarters
|
|
45
iShares Russell 1000 Value ETF
IWD
$83.1B
| $299K | 0.08% |
1,779
| – | – |
2014 Q4
28 quarters
|
|
46
Global X S&P 500 Catholic Values ETF
CATH
$1.38B
| $272K | 0.08% |
4,624
| – | – |
2020 Q3
5 quarters
|
|
47
PNC Financial Services
PNC
$86.1B
| $271K | 0.07% |
1,350
| – | – |
2020 Q4
4 quarters
|
|
48
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.97B
| $257K | 0.07% |
8,683
| – | – |
2017 Q4
16 quarters
|
|
49
Microsoft
MSFT
$3.96T
| $209K | 0.06% |
+620
| New | +$201K |
2021 Q4
0 quarters
|
|
50
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $205K | 0.06% |
1,915
-203
| -10% | -$21K |
2021 Q1
3 quarters
|
|
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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.