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
+2.55%
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
$216M
AUM Growth
+$10.9M
(+5.3%)
Cap. Flow
+$5.69M
Cap. Flow
% of AUM
2.64%
Top 10 Holdings %
Top 10 Hldgs %
82.81%
Holding
41
New
1
Increased
14
Reduced
17
Closed
4
Avg Time Held
2.8
years
Top 10 Avg Time Held
2.2
years
Top 20 Avg Time Held
2
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares Core US Aggregate Bond ETF
AGG
|
+$12.7M |
| 2 |
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
|
+$2.62M |
| 3 |
State Street SPDR Bloomberg High Yield Bond ETF
JNK
|
+$2.26M |
| 4 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$1.29M |
| 5 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$791K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Total Bond Market
BND
|
+$12M |
| 2 |
Vanguard Morningstar Growth ETF
VUG
|
+$1.14M |
| 3 |
Vanguard Morningstar Value ETF
VTV
|
+$543K |
| 4 |
Vanguard Russell 1000 Value ETF
VONV
|
+$286K |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$253K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 94.57% |
| 2 | Financials | 3.25% |
| 3 | Industrials | 0.85% |
| 4 | Consumer Staples | 0.56% |
| 5 | Utilities | 0.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
Vanguard Morningstar Value ETF
VTV
$189B
| $42M | 19.43% |
378,416
-4,978
| -1% | -$543K |
2014 Q4
18 quarters
|
|
|
2
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
$7.9B
| $38.8M | 17.97% |
386,770
+26,098
| +7% | +$2.62M |
2018 Q2
4 quarters
|
|
|
3
Vanguard Morningstar Growth ETF
VUG
$232B
| $34.7M | 16.06% |
1,274,472
-42,516
| -3% | -$1.14M |
2014 Q4
18 quarters
|
|
|
4
JPMorgan Ultra-Short Income ETF
JPST
$42.4B
| $21.5M | 9.93% |
425,802
+25,594
| +6% | +$1.29M |
2018 Q3
3 quarters
|
|
|
5
iShares Core US Aggregate Bond ETF
AGG
$137B
| $14.1M | 6.52% |
126,470
+116,492
| +1,167% | +$12.7M |
2014 Q4
18 quarters
|
|
6
iShares MSCI EAFE ETF
EFA
$76.3B
| $8.06M | 3.73% |
122,653
+944
| +0.8% | +$61.8K |
2014 Q4
18 quarters
|
|
|
7
Vanguard Total Bond Market
BND
$162B
| $5.87M | 2.72% |
70,703
-147,582
| -68% | -$12M |
2014 Q4
18 quarters
|
|
8
Globe Life
GL
$12.9B
| $5.28M | 2.44% |
58,975
| – | – |
2017 Q4
6 quarters
|
|
9
iShares Core US REIT ETF
USRT
$4.18B
| $4.41M | 2.04% |
84,730
-2,292
| -3% | -$119K |
2018 Q3
3 quarters
|
|
|
10
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.3B
| $4.25M | 1.97% |
121,672
+23,059
| +23% | +$791K |
2017 Q2
8 quarters
|
|
11
Vanguard Morningstar Small-Cap Growth ETF
VBK
$22.4B
| $3.94M | 1.82% |
21,153
-378
| -2% | -$68.8K |
2018 Q4
2 quarters
|
|
12
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| $3.72M | 1.72% |
72,308
+2,144
| +3% | +$110K |
2017 Q1
9 quarters
|
|
13
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.7B
| $3.33M | 1.54% |
57,966
+318
| +0.6% | +$18.4K |
2017 Q4
6 quarters
|
|
14
Vanguard Morningstar Small-Cap Value ETF
VBR
$35.5B
| $3.25M | 1.5% |
24,880
+66
| +0.3% | +$8.58K |
2018 Q4
2 quarters
|
|
15
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11.2B
| $3.08M | 1.43% |
100,153
+16,452
| +20% | +$503K |
2018 Q3
3 quarters
|
|
|
16
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$5.82B
| $2.29M | 1.06% |
+20,978
| New | +$2.26M |
2019 Q2
0 quarters
|
|
17
iShares Select Dividend ETF
DVY
$22.8B
| $2.18M | 1.01% |
21,874
+120
| +0.6% | +$11.8K |
2014 Q4
18 quarters
|
|
18
Vanguard Dividend Appreciation ETF
VIG
$112B
| $2.11M | 0.98% |
18,297
-764
| -4% | -$85.7K |
2014 Q4
18 quarters
|
|
|
TSS
19
DELISTED
Total System Services, Inc.
TSS
| $1.85M | 0.85% |
14,391
-1,048
| -7% | -$115K |
2014 Q4
18 quarters
|
|
20
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.2B
| $1.72M | 0.8% |
13,858
+2,513
| +22% | +$302K |
2017 Q4
6 quarters
|
|
21
Fidelity MSCI Financials Index ETF
FNCL
$2.25B
| $1.24M | 0.58% |
31,007
-392
| -1% | -$15.5K |
2019 Q1
1 quarter
|
|
22
Coca-Cola
KO
$395B
| $1.22M | 0.56% |
23,958
-192
| -0.8% | -$9.41K |
2014 Q4
18 quarters
|
|
23
iShares Select U.S. REIT ETF
ICF
$2.06B
| $1.2M | 0.56% |
21,286
| – | – |
2014 Q4
18 quarters
|
|
24
IBM
IBM
$215B
| $777K | 0.36% |
5,894
-199
| -3% | -$26.1K |
2014 Q4
18 quarters
|
|
25
Truist Financial
TFC
$55.7B
| $653K | 0.3% |
13,289
-225
| -2% | -$11K |
2016 Q3
11 quarters
|
|
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Cornerstone Management's Q2 2019 Portfolio in Review
As of Q2 2019, Cornerstone Management held 41 positions worth $216M, up 5.3% from $205M the previous quarter. Its ten largest holdings account for 83% of the portfolio.
Cornerstone Management's Q2 2019 filing shows 1 new, 14 increased, 17 reduced and 4 closed positions. Its largest new stake was State Street SPDR Bloomberg High Yield Bond ETF: 20,978 shares worth $2.29M. The largest sale was Vanguard Total Bond Market, an estimated $12M.
By sector, the portfolio is most concentrated in Miscellaneous at 95% of assets, down from 95% a quarter earlier, followed by Financials and Industrials.
- Cornerstone Management's largest Q2 2019 buy was State Street SPDR Bloomberg High Yield Bond ETF: 20,978 shares worth $2.29M.
- Cornerstone Management added most to iShares Core US Aggregate Bond ETF in Q2 2019, an estimated $12.7M increase.
- Cornerstone Management's biggest Q2 2019 reduction was Vanguard Total Bond Market, cutting an estimated $12M.
- Cornerstone Management fully exited Vanguard Russell 1000 Value ETF in Q2 2019, selling an estimated $286K.
- Cornerstone Management's ten largest holdings make up 83% of its $216M portfolio in Q2 2019.
- Cornerstone Management opened 1 new position and closed 4 in Q2 2019.
- Cornerstone Management's portfolio value rose 5.3% quarter-over-quarter to $216M.
Based on Cornerstone Management's 13F filing for Q2 2019, filed 26 May 2023.