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
-3.96%
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
$368M
AUM Growth
-$16.6M
(-4.3%)
Cap. Flow
-$698K
Cap. Flow
% of AUM
-0.19%
Top 10 Holdings %
Top 10 Hldgs %
79.89%
Holding
259
New
9
Increased
32
Reduced
37
Closed
11
Avg Time Held
1.4
years
Top 10 Avg Time Held
3.5
years
Top 20 Avg Time Held
3.7
years
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Vanguard Morningstar Growth ETF
VUG
|
+$1.65M |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$1.5M |
| 3 |
Vanguard Morningstar Value ETF
VTV
|
+$1.31M |
| 4 |
iShares Core US Aggregate Bond ETF
AGG
|
+$1.27M |
| 5 |
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
|
+$595K |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
|
+$3.09M |
| 2 |
iShares iBonds Dec 2022 Term Corporate ETF
IBDN
|
+$2.77M |
| 3 |
JPMorgan Ultra-Short Income ETF
JPST
|
+$903K |
| 4 |
iShares Broad USD High Yield Corporate Bond ETF
USHY
|
+$494K |
| 5 |
Vanguard Dividend Appreciation ETF
VIG
|
+$406K |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Miscellaneous | 96.44% |
| 2 | Financials | 1.77% |
| 3 | Industrials | 0.43% |
| 4 | Utilities | 0.33% |
| 5 | Consumer Staples | 0.26% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
JPMorgan Ultra-Short Income ETF
JPST
$42.4B
| $77.8M | 21.13% |
1,550,594
-18,007
| -1% | -$903K |
2018 Q3
16 quarters
|
|
|
2
Vanguard Morningstar Value ETF
VTV
$189B
| $69.9M | 19% |
566,347
+9,670
| +2% | +$1.31M |
2014 Q4
31 quarters
|
|
|
3
Vanguard Morningstar Growth ETF
VUG
$232B
| $49.2M | 13.35% |
1,378,476
+40,980
| +3% | +$1.65M |
2014 Q4
31 quarters
|
|
|
4
iShares Core US Aggregate Bond ETF
AGG
$137B
| $26.2M | 7.12% |
272,202
+12,535
| +5% | +$1.27M |
2014 Q4
31 quarters
|
|
|
5
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$3.06B
| $18.8M | 5.12% |
622,040
-101,875
| -14% | -$3.09M |
2021 Q1
6 quarters
|
|
|
6
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$11.2B
| $16.4M | 4.45% |
560,430
+20,038
| +4% | +$595K |
2018 Q3
16 quarters
|
|
|
7
iShares MSCI EAFE ETF
EFA
$76.3B
| $13.1M | 3.57% |
234,542
+23,991
| +11% | +$1.5M |
2014 Q4
31 quarters
|
|
8
Vanguard Morningstar Total Stock Market ETF
VTI
$694B
| $10.7M | 2.9% |
59,419
| – | – |
2019 Q4
11 quarters
|
|
9
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.3B
| $6.36M | 1.73% |
203,017
-9,386
| -4% | -$306K |
2017 Q2
21 quarters
|
|
10
Vanguard Morningstar Small-Cap Growth ETF
VBK
$22.4B
| $5.59M | 1.52% |
28,659
-445
| -2% | -$95.5K |
2018 Q4
15 quarters
|
|
11
iShares Short Maturity Bond ETF
NEAR
$5.09B
| $5.48M | 1.49% |
111,253
| – | – |
2022 Q1
2 quarters
|
|
12
Vanguard Morningstar Small-Cap Value ETF
VBR
$35.5B
| $5.45M | 1.48% |
38,022
-1,662
| -4% | -$264K |
2018 Q4
15 quarters
|
|
13
iShares Core US REIT ETF
USRT
$4.18B
| $5.34M | 1.45% |
112,520
+2,381
| +2% | +$131K |
2018 Q3
16 quarters
|
|
14
iShares Core MSCI Emerging Markets ETF
IEMG
$155B
| $5.31M | 1.44% |
123,624
+2,171
| +2% | +$104K |
2017 Q1
22 quarters
|
|
15
iShares MBS ETF
MBB
$35.7B
| $5.3M | 1.44% |
57,858
-147
| -0.3% | -$14.3K |
2021 Q1
6 quarters
|
|
16
iShares MSCI EAFE Small-Cap ETF
SCZ
$12.7B
| $4.58M | 1.25% |
93,958
+1,530
| +2% | +$83.9K |
2017 Q4
19 quarters
|
|
17
Globe Life
GL
$12.9B
| $4.56M | 1.24% |
45,708
| – | – |
2017 Q4
19 quarters
|
|
18
iShares Select Dividend ETF
DVY
$22.8B
| $4.29M | 1.16% |
39,979
+3,052
| +8% | +$366K |
2014 Q4
31 quarters
|
|
19
iShares Ultra Short Duration Bond Active ETF
ICSH
$8.87B
| $2.99M | 0.81% |
59,788
+741
| +1% | +$37.1K |
2020 Q1
10 quarters
|
|
|
20
iShares Broad USD High Yield Corporate Bond ETF
USHY
$25.3B
| $2.89M | 0.79% |
86,079
-13,899
| -14% | -$494K |
2019 Q3
12 quarters
|
|
21
Cohen & Steers Total Return Realty Fund
RFI
$276M
| $2.64M | 0.72% |
218,851
-14,041
| -6% | -$196K |
2020 Q2
9 quarters
|
|
|
22
Vanguard Dividend Appreciation ETF
VIG
$112B
| $2.36M | 0.64% |
17,439
-2,725
| -14% | -$406K |
2014 Q4
31 quarters
|
|
23
Avantis US Small Cap Value ETF
AVUV
$30.6B
| $2.34M | 0.64% |
35,396
+5,632
| +19% | +$411K |
2020 Q4
7 quarters
|
|
24
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$29.2B
| $2.01M | 0.55% |
19,620
+456
| +2% | +$50.3K |
2017 Q4
19 quarters
|
|
25
iShares Residential and Multisector Real Estate ETF
REZ
$786M
| $1.41M | 0.38% |
19,638
+4,620
| +31% | +$378K |
2021 Q3
4 quarters
|
|
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Cornerstone Management's Q3 2022 Portfolio in Review
As of Q3 2022, Cornerstone Management held 259 positions worth $368M, down 4.3% from $385M the previous quarter. Its ten largest holdings account for 80% of the portfolio.
Cornerstone Management's Q3 2022 filing shows 9 new, 32 increased, 37 reduced and 11 closed positions. Its largest new stake was Medifast: 230 shares worth $24.9K. The largest sale was State Street SPDR Bloomberg Investment Grade Floating Rate ETF, an estimated $3.09M.
By sector, the portfolio is most concentrated in Miscellaneous at 96% of assets, up from 96% a quarter earlier, followed by Financials and Industrials.
- Cornerstone Management's largest Q3 2022 buy was Medifast: 230 shares worth $24.9K.
- Cornerstone Management added most to Vanguard Morningstar Growth ETF in Q3 2022, an estimated $1.65M increase.
- Cornerstone Management's biggest Q3 2022 reduction was State Street SPDR Bloomberg Investment Grade Floating Rate ETF, cutting an estimated $3.09M.
- Cornerstone Management fully exited iShares iBonds Dec 2022 Term Corporate ETF in Q3 2022, selling an estimated $2.77M.
- Cornerstone Management's ten largest holdings make up 80% of its $368M portfolio in Q3 2022.
- Cornerstone Management opened 9 new positions and closed 11 in Q3 2022.
- Cornerstone Management's portfolio value fell 4.3% quarter-over-quarter to $368M.
Based on Cornerstone Management's 13F filing for Q3 2022, filed 9 May 2023.