Cornerstone Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$28M |
| 2 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$4.65M |
| 3 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$1.47M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$1.37M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$813K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Value ETF
VTV
|
+$1.55M |
| 2 |
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
|
+$717K |
| 3 |
Vanguard Dividend Appreciation ETF
VIG
|
+$176K |
| 4 |
iShares Select Dividend ETF
DVY
|
+$101K |
| 5 |
Avantis US Small Cap Value ETF
AVUV
|
+$78.6K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 95.88% |
| 2 | Financials | 3.21% |
| 3 | Industrials | 0.31% |
| 4 | Utilities | 0.2% |
| 5 | Technology | 0.17% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
51
PNC Financial Services
PNC
$97.1B
| $218K | 0.05% |
1,350
| – | – |
|
52
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.6B
| $215K | 0.05% |
+1,802
| New | +$204K |
|
53
Truist Financial
TFC
$61.4B
| $215K | 0.05% |
5,521
| – | – |
|
54
Rigetti Computing
RGTI
$5.49B
| $17.4K | ﹤0.01% |
+11,400
| New | +$16.5K |
|
|
55
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.62B
| – | – |
-7,187
| Closed | -$717K |
|
Similar funds
Cornerstone Management's Q1 2024 Portfolio in Review
As of Q1 2024, Cornerstone Management held 55 positions worth $451M, up 15% from $392M the previous quarter. Its ten largest holdings account for 81% of the portfolio.
Cornerstone Management deployed $38.1M of net new capital in Q1 2024, opening 3 new positions and adding to 21 existing holdings. Its largest new stake was Vanguard Morningstar Mega Cap Value ETF: 1,802 shares worth $215K.
By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, up from 96% a quarter earlier, followed by Financials and Industrials.
On the sell side, the largest reduction was Vanguard Morningstar Value ETF, an estimated $1.55M trimmed.
- Cornerstone Management's largest Q1 2024 buy was Vanguard Morningstar Mega Cap Value ETF: 1,802 shares worth $215K.
- Cornerstone Management added most to Vanguard Morningstar Growth ETF in Q1 2024, an estimated $28M increase.
- Cornerstone Management's biggest Q1 2024 reduction was Vanguard Morningstar Value ETF, cutting an estimated $1.55M.
- Cornerstone Management fully exited Goldman Sachs Access Treasury 0-1 Year ETF in Q1 2024, selling an estimated $717K.
- Cornerstone Management's ten largest holdings make up 81% of its $451M portfolio in Q1 2024.
- Cornerstone Management opened 3 new positions and closed 1 in Q1 2024.
- Cornerstone Management's portfolio value rose 15% quarter-over-quarter to $451M.
Based on Cornerstone Management's 13F filing for Q1 2024, filed 6 May 2024.