Cornerstone Management Portfolio holdings
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$3.54M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$1.22M |
| 3 |
Vanguard World Funds Extended Duration ETF
EDV
|
+$402K |
| 4 |
iShares Select Dividend ETF
DVY
|
+$258K |
| 5 |
Vanguard Dividend Appreciation ETF
VIG
|
+$211K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$10.1M |
| 2 |
Vanguard Total Bond Market
BND
|
+$2.62M |
| 3 |
Vanguard Russell 1000 Growth ETF
VONG
|
+$1.85M |
| 4 |
Vanguard Morningstar Value ETF
VTV
|
+$1.3M |
| 5 |
Vanguard Russell 1000 Value ETF
VONV
|
+$1.03M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.19% |
| 2 | Financials | 1.01% |
| 3 | Consumer Staples | 0.75% |
| 4 | Industrials | 0.62% |
| 5 | Technology | 0.56% |
Similar funds
Cornerstone Management's Q2 2017 Portfolio in Review
As of Q2 2017, Cornerstone Management held 35 positions worth $188M, down 3.9% from $196M the previous quarter. Its ten largest holdings account for 87% of the portfolio.
Cornerstone Management withdrew a net $12.1M in Q2 2017, closing 1 position and reducing 16 holdings. Its most notable exit was Wells Fargo, an estimated $217K 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 Consumer Staples.
Against the trend, Cornerstone Management opened a new position in State Street SPDR Portfolio Intermediate Term Corporate Bond ETF worth $3.55M.
- Cornerstone Management's largest Q2 2017 buy was State Street SPDR Portfolio Intermediate Term Corporate Bond ETF: 103,157 shares worth $3.55M.
- Cornerstone Management added most to iShares 1-5 Year Investment Grade Corporate Bond ETF in Q2 2017, an estimated $1.22M increase.
- Cornerstone Management's biggest Q2 2017 reduction was Vanguard Morningstar Growth ETF, cutting an estimated $10.1M.
- Cornerstone Management fully exited Wells Fargo in Q2 2017, selling an estimated $217K.
- Cornerstone Management's ten largest holdings make up 87% of its $188M portfolio in Q2 2017.
- Cornerstone Management opened 1 new position and closed 1 in Q2 2017.
- Cornerstone Management's portfolio value fell 3.9% quarter-over-quarter to $188M.
Based on Cornerstone Management's 13F filing for Q2 2017, filed 1 Jun 2023.