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 | |
|---|---|---|---|---|---|---|---|
101
Cisco
CSCO
$448B
| $34.8K | 0.01% |
730
| – | – |
2021 Q4
4 quarters
|
|
102
W.P. Carey
WPC
$14.5B
| $34.2K | 0.01% |
446
| – | – |
2021 Q4
4 quarters
|
|
103
Oracle
ORCL
$396B
| $32.9K | 0.01% |
403
| – | – |
2021 Q4
4 quarters
|
|
104
Clearwater Paper
CLW
$298M
| $32.5K | 0.01% |
860
| – | – |
2022 Q1
3 quarters
|
|
105
Illinois Tool Works
ITW
$76.7B
| $31.9K | 0.01% |
145
| – | – |
2021 Q4
4 quarters
|
|
106
AdvanSix
ASIX
$444M
| $30.4K | 0.01% |
800
| – | – |
2022 Q2
2 quarters
|
|
107
General Dynamics
GD
$90.5B
| $29.9K | 0.01% |
121
+1
| +0.8% | +$244 |
2021 Q4
4 quarters
|
|
108
DELISTED
Hillenbrand
HI
| $29.9K | 0.01% |
700
| – | – |
2022 Q1
3 quarters
|
|
109
Lesaka Technologies
LSAK
$384M
| $29.6K | 0.01% |
6,500
| – | – |
2022 Q1
3 quarters
|
|
110
Merck
MRK
$364B
| $28.8K | 0.01% |
260
| – | – |
2021 Q4
4 quarters
|
|
111
Delta Air Lines
DAL
$50.4B
| $27.3K | 0.01% |
831
| – | – |
2021 Q4
4 quarters
|
|
112
Medifast
MED
$132M
| $26.5K | 0.01% |
230
| – | – |
2022 Q3
1 quarter
|
|
113
DELISTED
Synovus
SNV
| $26.4K | 0.01% |
704
| – | – |
2021 Q4
4 quarters
|
|
114
Huntsman Corp
HUN
$1.45B
| $25.4K | 0.01% |
925
| – | – |
2022 Q1
3 quarters
|
|
115
Progress Software
PRGS
$1.58B
| $25.2K | 0.01% |
500
| – | – |
2022 Q1
3 quarters
|
|
116
Verizon
VZ
$185B
| $24.2K | 0.01% |
613
-500
| -45% | -$18.8K |
2021 Q4
4 quarters
|
|
117
ConocoPhillips
COP
$171B
| $23.6K | 0.01% |
200
| – | – |
2021 Q4
4 quarters
|
|
118
Curtiss-Wright
CW
$18.5B
| $23.4K | 0.01% |
140
| – | – |
2021 Q4
4 quarters
|
|
119
Barrick Mining
B
$64B
| $23.3K | 0.01% |
1,358
| – | – |
2021 Q4
4 quarters
|
|
120
Marathon Petroleum
MPC
$136B
| $23.3K | 0.01% |
200
-100
| -33% | -$11.4K |
2021 Q4
4 quarters
|
|
121
Sysco
SYY
$39.8B
| $23.2K | 0.01% |
303
| – | – |
2021 Q4
4 quarters
|
|
122
Transcontinental Realty Investors
TCI
$429M
| $23.2K | 0.01% |
524
| – | – |
2021 Q4
4 quarters
|
|
123
Global X SuperDividend REIT ETF
SRET
$203M
| $22.3K | 0.01% |
1,028
| – | – |
2021 Q4
4 quarters
|
|
124
Motorola Solutions
MSI
$74.8B
| $21.9K | 0.01% |
85
| – | – |
2021 Q4
4 quarters
|
|
125
Phillips 66
PSX
$119B
| $21.9K | 0.01% |
210
| – | – |
2021 Q4
4 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.