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 | |
|---|---|---|---|---|---|---|---|
101
Charter Communications
CHTR
$12B
| $45.3K | 0.01% |
83
| – | – |
2021 Q4
1 quarter
|
|
102
Invesco Financial Preferred ETF
PGF
$599M
| $45.2K | 0.01% |
2,673
| – | – |
2021 Q4
1 quarter
|
|
103
Clorox
CLX
$10.3B
| $45K | 0.01% |
324
| – | – |
2021 Q4
1 quarter
|
|
104
DXC Technology
DXC
$2.04B
| $44.1K | 0.01% |
+1,350
| New | +$44.6K |
2022 Q1
0 quarters
|
|
105
GXO Logistics
GXO
$5.26B
| $43.6K | 0.01% |
611
| – | – |
2021 Q4
1 quarter
|
|
106
Delta Air Lines
DAL
$50.4B
| $43.3K | 0.01% |
1,093
| – | – |
2021 Q4
1 quarter
|
|
107
Verizon
VZ
$185B
| $40.4K | 0.01% |
794
| – | – |
2021 Q4
1 quarter
|
|
108
State Street SPDR MSCI ACWI ex-US ETF
CWI
$2.85B
| $40.4K | 0.01% |
1,468
-1,514
| -51% | -$42.6K |
2021 Q4
1 quarter
|
|
109
Global X SuperDividend REIT ETF
SRET
$203M
| $40.2K | 0.01% |
1,459
+477
| +49% | +$13K |
2021 Q4
1 quarter
|
|
110
Lesaka Technologies
LSAK
$384M
| $38.2K | 0.01% |
+6,500
| New | +$33.3K |
2022 Q1
0 quarters
|
|
|
AVTA
111
DELISTED
Avantax, Inc. Common Stock
AVTA
| $37.9K | 0.01% |
+1,940
| New | +$35.2K |
2022 Q1
0 quarters
|
|
112
McDonald's
MCD
$169B
| $37.3K | 0.01% |
151
| – | – |
2021 Q4
1 quarter
|
|
113
First Community Corp
FCCO
$301M
| $35.4K | 0.01% |
1,671
| – | – |
2021 Q4
1 quarter
|
|
114
W.P. Carey
WPC
$14.5B
| $35.3K | 0.01% |
446
| – | – |
2021 Q4
1 quarter
|
|
115
Huntsman Corp
HUN
$1.45B
| $34.7K | 0.01% |
+925
| New | +$34.8K |
2022 Q1
0 quarters
|
|
116
DELISTED
Synovus
SNV
| $34.5K | 0.01% |
704
| – | – |
2021 Q4
1 quarter
|
|
117
Home Depot
HD
$295B
| $33.5K | 0.01% |
112
| – | – |
2021 Q4
1 quarter
|
|
118
Oracle
ORCL
$396B
| $33.3K | 0.01% |
403
| – | – |
2021 Q4
1 quarter
|
|
119
Barrick Mining
B
$64B
| $33.3K | 0.01% |
1,358
| – | – |
2021 Q4
1 quarter
|
|
120
Advanced Micro Devices
AMD
$932B
| $32.8K | 0.01% |
300
| – | – |
2021 Q4
1 quarter
|
|
121
DELISTED
Hillenbrand
HI
| $30.9K | 0.01% |
+700
| New | +$33.1K |
2022 Q1
0 quarters
|
|
122
Resources Connection
RGP
$94.7M
| $30.9K | 0.01% |
+1,800
| New | +$30.9K |
2022 Q1
0 quarters
|
|
123
Illinois Tool Works
ITW
$76.7B
| $30.4K | 0.01% |
145
| – | – |
2021 Q4
1 quarter
|
|
124
Sterling Infrastructure
STRL
$13.9B
| $29.5K | 0.01% |
+1,100
| New | +$30.7K |
2022 Q1
0 quarters
|
|
125
General Dynamics
GD
$90.5B
| $29K | 0.01% |
120
| – | – |
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.