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
-3.96%
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
$368M
AUM Growth
-$16.6M
(-4.3%)
Cap. Flow
-$698K
Cap. Flow
% of AUM
-0.19%
Top 10 Holdings %
Top 10 Hldgs %
79.89%
Holding
259
New
9
Increased
32
Reduced
37
Closed
11
Avg Time Held
1.4
years
Top 10 Avg Time Held
3.5
years
Top 20 Avg Time Held
3.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$1.65M |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$1.5M |
| 3 |
Vanguard Morningstar Value ETF
VTV
|
+$1.31M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$1.27M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$595K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$3.09M |
| 2 |
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
|
+$2.77M |
| 3 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$903K |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$494K |
| 5 |
Vanguard Dividend Appreciation ETF
VIG
|
+$406K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.44% |
| 2 | Financials | 1.77% |
| 3 | Industrials | 0.43% |
| 4 | Utilities | 0.33% |
| 5 | Consumer Staples | 0.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
51
iShares Russell 1000 Growth ETF
IWF
$127B
| $175K | 0.05% |
3,320
-156
| -4% | -$9.17K |
2020 Q2
9 quarters
|
|
52
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.7B
| $166K | 0.05% |
1,841
-74
| -4% | -$7.27K |
2021 Q1
6 quarters
|
|
53
Microsoft
MSFT
$3.96T
| $144K | 0.04% |
620
| – | – |
2021 Q4
3 quarters
|
|
54
Bristol-Myers Squibb
BMY
$121B
| $138K | 0.04% |
1,941
| – | – |
2021 Q4
3 quarters
|
|
55
State Street SPDR Portfolio Aggregate Bond ETF
SPAB
$9.97B
| $138K | 0.04% |
5,512
-3,544
| -39% | -$92.9K |
2017 Q4
19 quarters
|
|
56
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34.7B
| $134K | 0.04% |
3,835
-260
| -6% | -$10.2K |
2021 Q4
3 quarters
|
|
57
Eli Lilly
LLY
$1.08T
| $128K | 0.03% |
397
| – | – |
2021 Q4
3 quarters
|
|
58
Johnson & Johnson
JNJ
$612B
| $128K | 0.03% |
786
| – | – |
2021 Q4
3 quarters
|
|
59
Berkshire Hathaway Class B
BRK.B
$1.13T
| $120K | 0.03% |
449
-179
| -29% | -$50.9K |
2021 Q1
6 quarters
|
|
60
Invesco QQQ Trust
QQQ
$488B
| $114K | 0.03% |
426
| – | – |
2021 Q4
3 quarters
|
|
61
State Street SPDR S&P International Dividend ETF
DWX
$510M
| $112K | 0.03% |
3,891
| – | – |
2021 Q4
3 quarters
|
|
62
Duke Energy
DUK
$93.3B
| $105K | 0.03% |
1,126
+3
| +0.3% | +$322 |
2018 Q4
15 quarters
|
|
63
AT&T
T
$158B
| $102K | 0.03% |
6,650
+1,501
| +29% | +$27.3K |
2021 Q4
3 quarters
|
|
64
iShares Core S&P 500 ETF
IVV
$887B
| $90.7K | 0.02% |
253
| – | – |
2021 Q4
3 quarters
|
|
65
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$19.1B
| $90.2K | 0.02% |
529
-42
| -7% | -$7.95K |
2021 Q4
3 quarters
|
|
66
Atkore
ATKR
$3.21B
| $87.5K | 0.02% |
1,125
| – | – |
2022 Q1
2 quarters
|
|
67
Vanguard Russell 1000 Growth ETF
VONG
$46.7B
| $83.5K | 0.02% |
1,541
-275
| -15% | -$16.6K |
2021 Q4
3 quarters
|
|
68
Walt Disney
DIS
$188B
| $77.3K | 0.02% |
819
| – | – |
2021 Q4
3 quarters
|
|
69
Vanguard Russell 1000 Value ETF
VONV
$22.2B
| $77.2K | 0.02% |
1,294
| – | – |
2021 Q4
3 quarters
|
|
70
Pfizer
PFE
$166B
| $75.6K | 0.02% |
1,728
| – | – |
2021 Q4
3 quarters
|
|
71
Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
$226M
| $73K | 0.02% |
3,853
| – | – |
2021 Q4
3 quarters
|
|
72
SBA Communications
SBAC
$19.2B
| $70K | 0.02% |
246
| – | – |
2021 Q4
3 quarters
|
|
73
American Water Works
AWK
$26.2B
| $68.5K | 0.02% |
526
| – | – |
2021 Q4
3 quarters
|
|
74
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.94B
| $67.1K | 0.02% |
2,944
+757
| +35% | +$18.1K |
2021 Q4
3 quarters
|
|
75
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$339M
| $64.2K | 0.02% |
1,163
| – | – |
2021 Q4
3 quarters
|
|
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Cornerstone Management's Q3 2022 Portfolio in Review
As of Q3 2022, Cornerstone Management held 259 positions worth $368M, down 4.3% from $385M the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Cornerstone Management's Q3 2022 filing shows 9 new, 32 increased, 37 reduced and 11 closed positions. Its largest new stake was Medifast: 230 shares worth $24.9K. The largest sale was State Street SPDR Bloomberg Investment Grade Floating Rate ETF, an estimated $3.09M.
By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, up from 96% a quarter earlier, followed by Financials and Industrials.
- Cornerstone Management's largest Q3 2022 buy was Medifast: 230 shares worth $24.9K.
- Cornerstone Management added most to Vanguard Morningstar Growth ETF in Q3 2022, an estimated $1.65M increase.
- Cornerstone Management's biggest Q3 2022 reduction was State Street SPDR Bloomberg Investment Grade Floating Rate ETF, cutting an estimated $3.09M.
- Cornerstone Management fully exited iShares iBonds Dec 2022 Term Corporate ETF in Q3 2022, selling an estimated $2.77M.
- Cornerstone Management's ten largest holdings make up 80% of its $368M portfolio in Q3 2022.
- Cornerstone Management opened 9 new positions and closed 11 in Q3 2022.
- Cornerstone Management's portfolio value fell 4.3% quarter-over-quarter to $368M.
Based on Cornerstone Management's 13F filing for Q3 2022, filed 9 May 2023.