Cornerstone Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$13.3M |
| 2 |
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
|
+$10.3M |
| 3 |
iShares Core US REIT ETF
USRT
|
+$4.03M |
| 4 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$2.25M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$1.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$15.7M |
| 2 |
iShares Select U.S. REIT ETF
ICF
|
+$2.81M |
| 3 |
Schwab US Large- Cap ETF
SCHX
|
+$1.1M |
| 4 |
Schwab Fundamental US Large Company Index ETF
FNDX
|
+$1.08M |
| 5 |
Vanguard Total Bond Market
BND
|
+$948K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.9% |
| 2 | Financials | 3.82% |
| 3 | Industrials | 0.74% |
| 4 | Consumer Staples | 0.58% |
| 5 | Technology | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
51
Schwab US Large- Cap ETF
SCHX
$74.6B
| – | – |
-101,136
| Closed | -$1.1M |
|
52
Vanguard Information Technology ETF
VGT
$149B
| – | – |
-30,808
| Closed | -$699K |
|
53
Vanguard Global ex-US Real Estate ETF
VNQI
$3.51B
| – | – |
-5,943
| Closed | -$345K |
|
Similar funds
Cornerstone Management's Q3 2018 Portfolio in Review
As of Q3 2018, Cornerstone Management held 53 positions worth $186M, up 7% from $174M the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Cornerstone Management deployed $5.98M of net new capital in Q3 2018, opening 5 new positions and adding to 9 existing holdings. Its largest new stake was JPMorgan Ultra-Short Income ETF: 265,360 shares worth $13.3M.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, down from 94% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was iShares Select U.S. REIT ETF, an estimated $2.81M trimmed.
- Cornerstone Management's largest Q3 2018 buy was JPMorgan Ultra-Short Income ETF: 265,360 shares worth $13.3M.
- Cornerstone Management added most to Goldman Sachs Access Treasury 0-1 Year ETF in Q3 2018, an estimated $10.3M increase.
- Cornerstone Management's biggest Q3 2018 reduction was iShares Select U.S. REIT ETF, cutting an estimated $2.81M.
- Cornerstone Management fully exited iShares 1-5 Year Investment Grade Corporate Bond ETF in Q3 2018, selling an estimated $15.7M.
- Cornerstone Management's ten largest holdings make up 80% of its $186M portfolio in Q3 2018.
- Cornerstone Management opened 5 new positions and closed 14 in Q3 2018.
- Cornerstone Management's portfolio value rose 7% quarter-over-quarter to $186M.
Based on Cornerstone Management's 13F filing for Q3 2018, filed 26 May 2023.