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
-3.42%
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
$407M
AUM Growth
+$44.8M
(+12%)
Cap. Flow
+$59.3M
Cap. Flow
% of AUM
14.57%
Top 10 Holdings %
Top 10 Hldgs %
78.25%
Holding
262
New
31
Increased
31
Reduced
19
Closed
10
Avg Time Held
0.9
years
Top 10 Avg Time Held
3.2
years
Top 20 Avg Time Held
3.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$18.6M |
| 2 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$14.1M |
| 3 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$8.19M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$5.54M |
| 5 |
Vanguard Morningstar Growth ETF
VUG
|
+$3.42M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Dividend Appreciation ETF
VIG
|
+$565K |
| 2 |
ACBI
Atlantic Capital Bancshares, Inc. Common Stock
ACBI
|
+$393K |
| 3 |
IBM
IBM
|
+$312K |
| 4 |
Coca-Cola
KO
|
+$207K |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$122K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.27% |
| 2 | Financials | 1.73% |
| 3 | Industrials | 0.53% |
| 4 | Utilities | 0.33% |
| 5 | Consumer Staples | 0.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$339M
| $81.6K | 0.02% |
1,088
| – | – |
2021 Q4
1 quarter
|
|
77
Invesco Global ex-US High Yield Corporate Bond ETF
PGHY
$226M
| $76.8K | 0.02% |
3,853
| – | – |
2021 Q4
1 quarter
|
|
78
Canadian National Railway
CNI
$72.4B
| $76.2K | 0.02% |
568
| – | – |
2021 Q4
1 quarter
|
|
79
Alliant Energy
LNT
$17.5B
| $74.1K | 0.02% |
1,186
| – | – |
2021 Q4
1 quarter
|
|
80
Alphabet (Google) Class A
GOOGL
$4.25T
| $72.3K | 0.02% |
520
| – | – |
2021 Q4
1 quarter
|
|
81
CMS Energy
CMS
$21B
| $70.5K | 0.02% |
1,008
| – | – |
2021 Q4
1 quarter
|
|
82
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$5.82B
| $69K | 0.02% |
673
| – | – |
2021 Q4
1 quarter
|
|
83
State Street Energy Select Sector SPDR ETF
XLE
$43.5B
| $66.2K | 0.02% |
1,732
| – | – |
2021 Q4
1 quarter
|
|
84
PepsiCo
PEP
$176B
| $65.3K | 0.02% |
390
| – | – |
2021 Q4
1 quarter
|
|
85
Lam Research
LRCX
$359B
| $64.5K | 0.02% |
+1,200
| New | +$69.9K |
2022 Q1
0 quarters
|
|
86
Newmont
NEM
$118B
| $62.9K | 0.02% |
791
| – | – |
2021 Q4
1 quarter
|
|
87
American Electric Power
AEP
$68.7B
| $59.6K | 0.01% |
597
| – | – |
2021 Q4
1 quarter
|
|
88
Consolidated Edison
ED
$40.5B
| $59.2K | 0.01% |
625
| – | – |
2021 Q4
1 quarter
|
|
89
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.94B
| $59K | 0.01% |
2,187
| – | – |
2021 Q4
1 quarter
|
|
90
Procter & Gamble
PG
$364B
| $58.7K | 0.01% |
384
| – | – |
2021 Q4
1 quarter
|
|
91
Exelon
EXC
$43.9B
| $58.4K | 0.01% |
1,226
-493
| -29% | -$20.9K |
2021 Q4
1 quarter
|
|
92
WisdomTree US SmallCap Dividend Fund
DES
$2.05B
| $57.3K | 0.01% |
1,799
| – | – |
2021 Q4
1 quarter
|
|
93
Chevron
CVX
$436B
| $56K | 0.01% |
344
| – | – |
2021 Q4
1 quarter
|
|
94
Altria Group
MO
$122B
| $54.9K | 0.01% |
1,051
| – | – |
2021 Q4
1 quarter
|
|
95
Linde
LIN
$227B
| $51.7K | 0.01% |
162
| – | – |
2021 Q4
1 quarter
|
|
96
Union Pacific
UNP
$170B
| $51.6K | 0.01% |
189
| – | – |
2021 Q4
1 quarter
|
|
97
ExxonMobil
XOM
$728B
| $49.2K | 0.01% |
596
| – | – |
2021 Q4
1 quarter
|
|
98
Cisco
CSCO
$448B
| $46.7K | 0.01% |
837
| – | – |
2021 Q4
1 quarter
|
|
99
AbbVie
ABBV
$501B
| $45.9K | 0.01% |
283
| – | – |
2021 Q4
1 quarter
|
|
100
NextEra Energy
NEE
$163B
| $45.6K | 0.01% |
539
+1
| +0.2% | +$80 |
2021 Q4
1 quarter
|
|
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Cornerstone Management's Q1 2022 Portfolio in Review
As of Q1 2022, Cornerstone Management held 262 positions worth $407M, up 12% from $362M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Cornerstone Management deployed $59.3M of net new capital in Q1 2022, opening 31 new positions and adding to 31 existing holdings. Its largest new stake was iShares Short Maturity Bond ETF: 111,253 shares worth $5.51M.
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 Dividend Appreciation ETF, an estimated $565K trimmed.
- Cornerstone Management's largest Q1 2022 buy was iShares Short Maturity Bond ETF: 111,253 shares worth $5.51M.
- Cornerstone Management added most to JPMorgan Ultra-Short Income ETF in Q1 2022, an estimated $18.6M increase.
- Cornerstone Management's biggest Q1 2022 reduction was Vanguard Dividend Appreciation ETF, cutting an estimated $565K.
- Cornerstone Management fully exited Atlantic Capital Bancshares, Inc. Common Stock in Q1 2022, selling an estimated $393K.
- Cornerstone Management's ten largest holdings make up 78% of its $407M portfolio in Q1 2022.
- Cornerstone Management opened 31 new positions and closed 10 in Q1 2022.
- Cornerstone Management's portfolio value rose 12% quarter-over-quarter to $407M.
Based on Cornerstone Management's 13F filing for Q1 2022, filed 9 May 2023.