Cornerstone Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Fidelity MSCI Financials Index ETF
FNCL
|
+$1.11M |
| 2 |
Schwab US Large- Cap ETF
SCHX
|
+$1.1M |
| 3 |
Schwab Fundamental US Large Company Index ETF
FNDX
|
+$1.09M |
| 4 |
Schwab International Equity ETF
SCHF
|
+$984K |
| 5 |
Schwab Fundamental International Large Company Index ETF
FNDF
|
+$982K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$8.51M |
| 2 |
Vanguard Russell 1000 Growth ETF
VONG
|
+$4.71M |
| 3 |
Vanguard Russell 1000 Value ETF
VONV
|
+$4.04M |
| 4 |
Vanguard Morningstar Growth ETF
VUG
|
+$2.45M |
| 5 |
Vanguard Morningstar Value ETF
VTV
|
+$2.14M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.11% |
| 2 | Financials | 4.2% |
| 3 | Industrials | 0.88% |
| 4 | Consumer Staples | 0.56% |
| 5 | Technology | 0.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Johnson & Johnson
JNJ
$640B
| $206K | 0.12% |
1,610
-134
| -8% | -$18.1K |
|
52
PNC Financial Services
PNC
$97.1B
| $204K | 0.12% |
1,350
-200
| -13% | -$31.1K |
|
53
Duke Energy
DUK
$94.2B
| – | – |
-2,539
| Closed | -$214K |
|
Similar funds
Cornerstone Management's Q1 2018 Portfolio in Review
As of Q1 2018, Cornerstone Management held 53 positions worth $175M, down 11% from $197M the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Cornerstone Management withdrew a net $19.1M in Q1 2018, closing 1 position and reducing 26 holdings. Its most notable exit was Duke Energy, an estimated $214K position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 93% of assets, down from 93% a quarter earlier, followed by Financials and Industrials.
Against the trend, Cornerstone Management opened a new position in Fidelity MSCI Financials Index ETF worth $1.07M.
- Cornerstone Management's largest Q1 2018 buy was Fidelity MSCI Financials Index ETF: 26,466 shares worth $1.07M.
- Cornerstone Management added most to Vanguard World Funds Extended Duration ETF in Q1 2018, an estimated $394K increase.
- Cornerstone Management's biggest Q1 2018 reduction was Vanguard Total Bond Market, cutting an estimated $8.51M.
- Cornerstone Management fully exited Duke Energy in Q1 2018, selling an estimated $214K.
- Cornerstone Management's ten largest holdings make up 77% of its $175M portfolio in Q1 2018.
- Cornerstone Management opened 14 new positions and closed 1 in Q1 2018.
- Cornerstone Management's portfolio value fell 11% quarter-over-quarter to $175M.
Based on Cornerstone Management's 13F filing for Q1 2018, filed 26 May 2023.