Cornerstone Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$37.5M |
| 2 |
iShares Short Maturity Bond ETF
NEAR
|
+$9.24M |
| 3 |
iShares MBS ETF
MBB
|
+$5.6M |
| 4 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$5.15M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$4.4M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
|
+$43.9M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$9.39M |
| 3 |
iShares 1-3 Year Treasury Bond ETF
SHY
|
+$1.21M |
| 4 |
Vanguard Morningstar Total Stock Market ETF
VTI
|
+$506K |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$404K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.52% |
| 2 | Financials | 2.07% |
| 3 | Industrials | 0.66% |
| 4 | Utilities | 0.27% |
| 5 | Consumer Staples | 0.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.6B
| $202K | 0.06% |
+2,118
| New | +$193K |
|
|
52
iShares 1-3 Year Treasury Bond ETF
SHY
$25.4B
| – | – |
-13,967
| Closed | -$1.21M |
|
Similar funds
Cornerstone Management's Q1 2021 Portfolio in Review
As of Q1 2021, Cornerstone Management held 52 positions worth $350M, up 11% from $316M the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Cornerstone Management deployed $23M of net new capital in Q1 2021, opening 7 new positions and adding to 18 existing holdings. Its largest new stake was iShares Short Maturity Bond ETF: 184,006 shares worth $9.24M.
By sector, the portfolio is most concentrated in Miscellaneous at 97% of assets, up from 96% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Goldman Sachs Access Treasury 0-1 Year ETF, an estimated $43.9M trimmed.
- Cornerstone Management's largest Q1 2021 buy was iShares Short Maturity Bond ETF: 184,006 shares worth $9.24M.
- Cornerstone Management added most to JPMorgan Ultra-Short Income ETF in Q1 2021, an estimated $37.5M increase.
- Cornerstone Management's biggest Q1 2021 reduction was Goldman Sachs Access Treasury 0-1 Year ETF, cutting an estimated $43.9M.
- Cornerstone Management fully exited iShares 1-3 Year Treasury Bond ETF in Q1 2021, selling an estimated $1.21M.
- Cornerstone Management's ten largest holdings make up 77% of its $350M portfolio in Q1 2021.
- Cornerstone Management opened 7 new positions and closed 1 in Q1 2021.
- Cornerstone Management's portfolio value rose 11% quarter-over-quarter to $350M.
Based on Cornerstone Management's 13F filing for Q1 2021, filed 26 May 2023.