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
+4.12%
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
$372M
AUM Growth
+$22.6M
(+6.5%)
Cap. Flow
+$8.44M
Cap. Flow
% of AUM
2.27%
Top 10 Holdings %
Top 10 Hldgs %
77.86%
Holding
51
New
–
Increased
14
Reduced
20
Closed
1
Avg Time Held
3
years
Top 10 Avg Time Held
2.7
years
Top 20 Avg Time Held
2.6
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$7.24M |
| 2 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$3.12M |
| 3 |
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
|
+$782K |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$710K |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$274K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.77M |
| 2 |
Goldman Sachs Access Treasury 0-1 Year ETF
GBIL
|
+$892K |
| 3 |
Vanguard Morningstar Value ETF
VTV
|
+$639K |
| 4 |
Vanguard Morningstar Growth ETF
VUG
|
+$346K |
| 5 |
Globe Life
GL
|
+$154K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.76% |
| 2 | Financials | 1.9% |
| 3 | Industrials | 0.57% |
| 4 | Utilities | 0.25% |
| 5 | Consumer Staples | 0.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
JPMorgan Ultra-Short Income ETF
JPST
$42.4B
| $80.1M | 21.52% |
1,579,183
+142,660
| +10% | +$7.24M |
2018 Q3
11 quarters
|
|
|
2
Vanguard Morningstar Value ETF
VTV
$189B
| $65.6M | 17.62% |
477,340
-4,648
| -1% | -$639K |
2014 Q4
26 quarters
|
|
|
3
Vanguard Morningstar Growth ETF
VUG
$232B
| $57.2M | 15.36% |
1,196,292
-7,620
| -0.6% | -$346K |
2014 Q4
26 quarters
|
|
|
4
iShares Core US Aggregate Bond ETF
AGG
$137B
| $27.3M | 7.32% |
236,370
+6,200
| +3% | +$710K |
2014 Q4
26 quarters
|
|
|
5
iShares MSCI EAFE ETF
EFA
$76.3B
| $14.1M | 3.8% |
179,186
+3,443
| +2% | +$274K |
2014 Q4
26 quarters
|
|
6
Vanguard Morningstar Total Stock Market ETF
VTI
$694B
| $13.3M | 3.57% |
59,713
| – | – |
2019 Q4
6 quarters
|
|
7
iShares Short Maturity Bond ETF
NEAR
$5.09B
| $9.23M | 2.48% |
184,006
| – | – |
2021 Q1
1 quarter
|
|
|
8
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.06B
| $8.27M | 2.22% |
269,855
+101,868
| +61% | +$3.12M |
2021 Q1
1 quarter
|
|
9
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| $7.61M | 2.04% |
113,648
+2,317
| +2% | +$153K |
2017 Q1
17 quarters
|
|
10
iShares Core US REIT ETF
USRT
$4.18B
| $7.2M | 1.93% |
123,336
-430
| -0.3% | -$24.4K |
2018 Q3
11 quarters
|
|
|
11
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.3B
| $6.9M | 1.85% |
188,067
+21,419
| +13% | +$782K |
2017 Q2
16 quarters
|
|
12
Vanguard Morningstar Small-Cap Growth ETF
VBK
$22.4B
| $6.7M | 1.8% |
23,108
+134
| +0.6% | +$37.5K |
2018 Q4
10 quarters
|
|
13
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11.2B
| $6.66M | 1.79% |
212,814
+6,502
| +3% | +$204K |
2018 Q3
11 quarters
|
|
14
Vanguard Morningstar Small-Cap Value ETF
VBR
$35.5B
| $6.6M | 1.77% |
38,003
-95
| -0.2% | -$16.5K |
2018 Q4
10 quarters
|
|
15
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.7B
| $5.91M | 1.59% |
79,720
+2,035
| +3% | +$153K |
2017 Q4
14 quarters
|
|
16
iShares MBS ETF
MBB
$35.7B
| $5.56M | 1.49% |
51,372
+284
| +0.6% | +$30.8K |
2021 Q1
1 quarter
|
|
17
iShares Broad USD High Yield Corporate Bond ETF
USHY
$25.3B
| $4.66M | 1.25% |
111,754
-700
| -0.6% | -$28.9K |
2019 Q3
7 quarters
|
|
|
18
Globe Life
GL
$12.9B
| $4.35M | 1.17% |
45,708
-1,500
| -3% | -$154K |
2017 Q4
14 quarters
|
|
19
Cohen & Steers Total Return Realty Fund
RFI
$276M
| $3.88M | 1.04% |
238,347
| – | – |
2020 Q2
4 quarters
|
|
20
iShares Select Dividend ETF
DVY
$22.8B
| $3.73M | 1% |
32,019
-613
| -2% | -$72.9K |
2014 Q4
26 quarters
|
|
21
Vanguard Dividend Appreciation ETF
VIG
$112B
| $3.44M | 0.92% |
22,245
-866
| -4% | -$133K |
2014 Q4
26 quarters
|
|
|
IBDM
22
DELISTED
iShares iBonds Dec 2021 Term Corporate ETF
IBDM
| $2.97M | 0.8% |
119,905
| – | – |
2020 Q2
4 quarters
|
|
|
23
State Street SPDR S&P 500 ETF Trust
SPY
$813B
| $2.71M | 0.73% |
6,323
-4,248
| -40% | -$1.77M |
2020 Q1
5 quarters
|
|
24
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.87B
| $2.67M | 0.72% |
52,919
+2,216
| +4% | +$112K |
2020 Q1
5 quarters
|
|
25
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.2B
| $2.26M | 0.61% |
16,816
-204
| -1% | -$26.9K |
2017 Q4
14 quarters
|
|
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Cornerstone Management's Q2 2021 Portfolio in Review
As of Q2 2021, Cornerstone Management held 51 positions worth $372M, up 6.5% from $350M the previous quarter. Its ten largest holdings account for 78% of the portfolio.
Trading was light in Q2 2021: portfolio turnover was 2%. Cornerstone Management opened no new positions and exited 1, leaving the 51-position portfolio largely intact.
By sector, the portfolio is most concentrated in Miscellaneous at 97% of assets, up from 97% a quarter earlier, followed by Financials and Industrials.
- Cornerstone Management added most to JPMorgan Ultra-Short Income ETF in Q2 2021, an estimated $7.24M increase.
- Cornerstone Management's biggest Q2 2021 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.77M.
- Cornerstone Management fully exited Goldman Sachs Access Treasury 0-1 Year ETF in Q2 2021, selling an estimated $892K.
- Cornerstone Management's ten largest holdings make up 78% of its $372M portfolio in Q2 2021.
- Cornerstone Management opened 0 new positions and closed 1 in Q2 2021.
- Cornerstone Management's portfolio value rose 6.5% quarter-over-quarter to $372M.
Based on Cornerstone Management's 13F filing for Q2 2021, filed 26 May 2023.