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
+1.29%
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
$174M
AUM Growth
-$1.3M
(-0.74%)
Cap. Flow
-$3.31M
Cap. Flow
% of AUM
-1.9%
Top 10 Holdings %
Top 10 Hldgs %
77.28%
Holding
54
New
2
Increased
8
Reduced
16
Closed
6
Avg Time Held
1.8
years
Top 10 Avg Time Held
2.5
years
Top 20 Avg Time Held
2.3
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
|
+$10.3M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$1.43M |
| 3 |
iShares MSCI EAFE Small-Cap ETF
SCZ
|
+$1.04M |
| 4 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$380K |
| 5 |
iShares Core MSCI Emerging Markets ETF
IEMG
|
+$338K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard World Funds Extended Duration ETF
EDV
|
+$10.1M |
| 2 |
Vanguard Total Bond Market
BND
|
+$3.32M |
| 3 |
iShares MSCI EAFE ETF
EFA
|
+$787K |
| 4 |
Vanguard Morningstar Growth ETF
VUG
|
+$516K |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$424K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 93.98% |
| 2 | Financials | 3.76% |
| 3 | Industrials | 0.68% |
| 4 | Consumer Staples | 0.57% |
| 5 | Technology | 0.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard Morningstar Growth ETF
VUG
$232B
| $28.7M | 16.49% |
1,149,372
-21,036
| -2% | -$516K |
2014 Q4
14 quarters
|
|
2
Vanguard Morningstar Value ETF
VTV
$188B
| $26.6M | 15.27% |
255,834
+561
| +0.2% | +$58.7K |
2014 Q4
14 quarters
|
|
|
3
Vanguard Total Bond Market
BND
$162B
| $19.8M | 11.39% |
250,223
-42,052
| -14% | -$3.32M |
2014 Q4
14 quarters
|
|
|
4
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $15.7M | 9% |
302,048
+27,590
| +10% | +$1.43M |
2014 Q4
14 quarters
|
|
|
5
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.9B
| $10.3M | 5.91% |
+102,634
| New | +$10.3M |
2018 Q2
0 quarters
|
|
6
Vanguard Russell 1000 Growth ETF
VONG
$46.6B
| $9.78M | 5.62% |
266,196
-1,768
| -0.7% | -$64K |
2014 Q4
14 quarters
|
|
7
Vanguard Russell 1000 Value ETF
VONV
$22.2B
| $9.29M | 5.34% |
176,118
+1,432
| +0.8% | +$76.1K |
2014 Q4
14 quarters
|
|
|
8
iShares MSCI EAFE ETF
EFA
$76.3B
| $5.56M | 3.2% |
83,046
-11,227
| -12% | -$787K |
2014 Q4
14 quarters
|
|
9
Globe Life
GL
$12.8B
| $4.8M | 2.76% |
58,975
| – | – |
2017 Q4
2 quarters
|
|
10
iShares Select U.S. REIT ETF
ICF
$2.06B
| $4.03M | 2.31% |
80,624
-1,304
| -2% | -$62K |
2014 Q4
14 quarters
|
|
|
11
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.4B
| $3.77M | 2.16% |
113,161
+11,412
| +11% | +$380K |
2017 Q2
4 quarters
|
|
12
iShares Russell 2000 Growth ETF
IWO
$13.5B
| $3.76M | 2.16% |
18,403
-876
| -5% | -$175K |
2014 Q4
14 quarters
|
|
13
iShares Russell 2000 Value ETF
IWN
$13.6B
| $3.39M | 1.95% |
25,680
-1,517
| -6% | -$195K |
2014 Q4
14 quarters
|
|
|
14
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.7B
| $2.52M | 1.45% |
40,094
+15,845
| +65% | +$1.04M |
2017 Q4
2 quarters
|
|
15
iShares Select Dividend ETF
DVY
$22.8B
| $2.31M | 1.33% |
23,618
+305
| +1% | +$29.6K |
2014 Q4
14 quarters
|
|
|
16
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| $2.22M | 1.27% |
42,188
+6,026
| +17% | +$338K |
2017 Q1
5 quarters
|
|
17
Vanguard Dividend Appreciation ETF
VIG
$112B
| $2.16M | 1.24% |
21,299
+285
| +1% | +$29.1K |
2014 Q4
14 quarters
|
|
18
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.2B
| $1.19M | 0.68% |
10,368
-195
| -2% | -$22.5K |
2017 Q4
2 quarters
|
|
|
TSS
19
DELISTED
Total System Services, Inc.
TSS
| $1.19M | 0.68% |
14,021
| – | – |
2014 Q4
14 quarters
|
|
20
Schwab US Large- Cap ETF
SCHX
$74.2B
| $1.1M | 0.63% |
101,136
| – | – |
2018 Q1
1 quarter
|
|
21
Schwab Fundamental US Large Company Index ETF
FNDX
$27.9B
| $1.08M | 0.62% |
86,382
| – | – |
2018 Q1
1 quarter
|
|
22
Fidelity MSCI Financials Index ETF
FNCL
$2.24B
| $1.04M | 0.6% |
26,466
| – | – |
2018 Q1
1 quarter
|
|
23
iShares Core US Aggregate Bond ETF
AGG
$137B
| $1M | 0.58% |
9,415
-174
| -2% | -$18.5K |
2014 Q4
14 quarters
|
|
24
Coca-Cola
KO
$395B
| $1,000K | 0.57% |
22,790
| – | – |
2014 Q4
14 quarters
|
|
25
Schwab Fundamental International Large Company Index ETF
FNDF
$25.3B
| $945K | 0.54% |
31,974
| – | – |
2018 Q1
1 quarter
|
|
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Cornerstone Management's Q2 2018 Portfolio in Review
As of Q2 2018, Cornerstone Management held 54 positions worth $174M, down 0.74% from $175M the previous quarter. Its ten largest holdings account for 77% of the portfolio.
Cornerstone Management's Q2 2018 filing shows 2 new, 8 increased, 16 reduced and 6 closed positions. Its largest new stake was Goldman Sachs Access Treasury 0-1 Year ETF: 102,634 shares worth $10.3M. The largest sale was Vanguard World Funds Extended Duration ETF, an estimated $10.1M.
By sector, the portfolio is most concentrated in Miscellaneous at 94% of assets, up from 93% a quarter earlier, followed by Financials and Industrials.
- Cornerstone Management's largest Q2 2018 buy was Goldman Sachs Access Treasury 0-1 Year ETF: 102,634 shares worth $10.3M.
- Cornerstone Management added most to iShares 1-5 Year Investment Grade Corporate Bond ETF in Q2 2018, an estimated $1.43M increase.
- Cornerstone Management's biggest Q2 2018 reduction was Vanguard Total Bond Market, cutting an estimated $3.32M.
- Cornerstone Management fully exited Vanguard World Funds Extended Duration ETF in Q2 2018, selling an estimated $10.1M.
- Cornerstone Management's ten largest holdings make up 77% of its $174M portfolio in Q2 2018.
- Cornerstone Management opened 2 new positions and closed 6 in Q2 2018.
- Cornerstone Management's portfolio value fell 0.74% quarter-over-quarter to $174M.
Based on Cornerstone Management's 13F filing for Q2 2018, filed 26 May 2023.