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
+5.76%
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
$355M
AUM Growth
-$13.1M
(-3.6%)
Cap. Flow
-$31M
Cap. Flow
% of AUM
-8.73%
Top 10 Holdings %
Top 10 Hldgs %
79.16%
Holding
253
New
5
Increased
29
Reduced
32
Closed
12
Avg Time Held
1.6
years
Top 10 Avg Time Held
3.8
years
Top 20 Avg Time Held
3.9
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$5.6M |
| 2 |
Vanguard Morningstar Small-Cap Growth ETF
VBK
|
+$1,000K |
| 3 |
iShares Core US Aggregate Bond ETF
AGG
|
+$649K |
| 4 |
iShares MBS ETF
MBB
|
+$268K |
| 5 |
Apollo Global Management
APO
|
+$262K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$16.2M |
| 2 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$8.9M |
| 3 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$5.51M |
| 4 |
iShares Short Maturity Bond ETF
NEAR
|
+$5.48M |
| 5 |
Vanguard Morningstar Value ETF
VTV
|
+$2.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 95.94% |
| 2 | Financials | 2.19% |
| 3 | Industrials | 0.42% |
| 4 | Utilities | 0.32% |
| 5 | Consumer Staples | 0.3% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
76
PepsiCo
PEP
$176B
| $70.5K | 0.02% |
390
| – | – |
2021 Q4
4 quarters
|
|
77
Canadian National Railway
CNI
$72.4B
| $67.5K | 0.02% |
568
| – | – |
2021 Q4
4 quarters
|
|
78
ExxonMobil
XOM
$728B
| $65.7K | 0.02% |
596
| – | – |
2021 Q4
4 quarters
|
|
79
Berkshire Hathaway Class B
BRK.B
$1.13T
| $63.3K | 0.02% |
205
-244
| -54% | -$72.5K |
2021 Q1
7 quarters
|
|
80
Chevron
CVX
$436B
| $61.7K | 0.02% |
344
| – | – |
2021 Q4
4 quarters
|
|
81
Consolidated Edison
ED
$40.5B
| $59.6K | 0.02% |
625
| – | – |
2021 Q4
4 quarters
|
|
82
NVIDIA
NVDA
$5.34T
| $58.5K | 0.02% |
4,000
| – | – |
2022 Q1
3 quarters
|
|
83
American Electric Power
AEP
$68.7B
| $56.7K | 0.02% |
597
| – | – |
2021 Q4
4 quarters
|
|
84
IQVIA
IQV
$43.1B
| $54.1K | 0.02% |
+264
| New | +$53.5K |
2022 Q4
0 quarters
|
|
85
Comcast
CMCSA
$74.7B
| $50.7K | 0.01% |
1,450
| – | – |
2021 Q4
4 quarters
|
|
|
AVTA
86
DELISTED
Avantax, Inc. Common Stock
AVTA
| $49.5K | 0.01% |
1,940
| – | – |
2022 Q1
3 quarters
|
|
87
Procter & Gamble
PG
$364B
| $49.4K | 0.01% |
326
-23
| -7% | -$3.22K |
2021 Q4
4 quarters
|
|
88
WisdomTree US SmallCap Dividend Fund
DES
$2.05B
| $48.6K | 0.01% |
1,710
| – | – |
2021 Q4
4 quarters
|
|
89
Altria Group
MO
$122B
| $48K | 0.01% |
1,051
| – | – |
2021 Q4
4 quarters
|
|
90
AbbVie
ABBV
$501B
| $45.7K | 0.01% |
283
| – | – |
2021 Q4
4 quarters
|
|
91
NextEra Energy
NEE
$163B
| $45.1K | 0.01% |
539
| – | – |
2021 Q4
4 quarters
|
|
92
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$5.82B
| $40.4K | 0.01% |
449
| – | – |
2021 Q4
4 quarters
|
|
93
McDonald's
MCD
$169B
| $39.8K | 0.01% |
151
| – | – |
2021 Q4
4 quarters
|
|
94
Clorox
CLX
$10.3B
| $38.9K | 0.01% |
277
-12
| -4% | -$1.7K |
2021 Q4
4 quarters
|
|
95
Invesco Financial Preferred ETF
PGF
$599M
| $38.5K | 0.01% |
2,673
| – | – |
2021 Q4
4 quarters
|
|
96
Newmont
NEM
$118B
| $37.3K | 0.01% |
791
| – | – |
2021 Q4
4 quarters
|
|
97
First Community Corp
FCCO
$301M
| $36.6K | 0.01% |
1,671
| – | – |
2021 Q4
4 quarters
|
|
98
Home Depot
HD
$295B
| $36K | 0.01% |
114
+2
| +2% | +$609 |
2021 Q4
4 quarters
|
|
99
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.85B
| $35.9K | 0.01% |
1,492
-12
| -0.8% | -$279 |
2021 Q4
4 quarters
|
|
100
Constellation Energy
CEG
$99B
| $35.2K | 0.01% |
408
| – | – |
2022 Q1
3 quarters
|
|
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Cornerstone Management's Q4 2022 Portfolio in Review
As of Q4 2022, Cornerstone Management held 253 positions worth $355M, down 3.6% from $368M the previous quarter. Its ten largest holdings account for 79% of the portfolio.
Cornerstone Management withdrew a net $31M in Q4 2022, closing 12 positions and reducing 32 holdings. Its most notable exit was iShares Short Maturity Bond ETF, an estimated $5.48M position sold in full.
By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, down from 96% a quarter earlier, followed by Financials and Industrials.
Against the trend, Cornerstone Management opened a new position in Apollo Global Management worth $281K.
- Cornerstone Management's largest Q4 2022 buy was Apollo Global Management: 4,409 shares worth $281K.
- Cornerstone Management added most to Vanguard Morningstar Growth ETF in Q4 2022, an estimated $5.6M increase.
- Cornerstone Management's biggest Q4 2022 reduction was JPMorgan Ultra-Short Income ETF, cutting an estimated $16.2M.
- Cornerstone Management fully exited iShares Short Maturity Bond ETF in Q4 2022, selling an estimated $5.48M.
- Cornerstone Management's ten largest holdings make up 79% of its $355M portfolio in Q4 2022.
- Cornerstone Management opened 5 new positions and closed 12 in Q4 2022.
- Cornerstone Management's portfolio value fell 3.6% quarter-over-quarter to $355M.
Based on Cornerstone Management's 13F filing for Q4 2022, filed 9 May 2023.