Cornerstone Wealth Advisors 13F annual report
Cornerstone Wealth Advisors is an investment fund managing more than $334 billion ran by Jonathan Guyton. There are currently 22 companies in Mr. Guyton’s portfolio. The largest investments include Vanguard Scottsdale Fds and Schwab Strategic Tr, together worth $206 billion.
$334 billion Assets Under Management (AUM)
As of 5th July 2024, Cornerstone Wealth Advisors’s top holding is 1,247,406 shares of Vanguard Scottsdale Fds currently worth over $72.3 billion and making up 21.7% of the portfolio value.
In addition, the fund holds 2,308,149 shares of Schwab Strategic Tr worth $133 billion.
The third-largest holding is Vanguard Index Fds worth $82.7 billion and the next is Vanguard Tax-managed Fds worth $14.3 billion, with 290,161 shares owned.
Currently, Cornerstone Wealth Advisors's portfolio is worth at least $334 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Cornerstone Wealth Advisors
The Cornerstone Wealth Advisors office and employees reside in Edina, Minnesota. According to the last 13-F report filed with the SEC, Jonathan Guyton serves as the Chief Compliance Officer at Cornerstone Wealth Advisors.
Recent trades
In the most recent 13F filing, Cornerstone Wealth Advisors revealed that it had opened a new position in
Spdr Ser Tr and bought 6,785 shares worth $303 million.
The investment fund also strengthened its position in Vanguard Scottsdale Fds by buying
31,478 additional shares.
This makes their stake in Vanguard Scottsdale Fds total 1,247,406 shares worth $72.3 billion.
On the other hand, there are companies that Cornerstone Wealth Advisors is getting rid of from its portfolio.
Cornerstone Wealth Advisors closed its position in Mcdonalds Corp on 12th July 2024.
It sold the previously owned 738 shares for $208 million.
Jonathan Guyton also disclosed a decreased stake in Ishares Tr by approximately 0.1%.
This leaves the value of the investment at $13.6 billion and 76,886 shares.
One of the smaller hedge funds
The two most similar investment funds to Cornerstone Wealth Advisors are Petix & Botte Co and Rather & Kittrell. They manage $334 billion and $334 billion respectively.
Jonathan Guyton investment strategy
Cornerstone Wealth Advisors’s portfolio is diversified across 5 sectors.
Currently, their heaviest sector is Consumer Discretionary — making up 0.9% of
the total portfolio value.
The fund focuses on investments in the United States as
36.4% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
36% of the total holdings value.
On the other hand, small-cap stocks make up only approximately 0.1% of the portfolio.
The average market cap of the portfolio companies is close to $902 billion.
The complete list of Cornerstone Wealth Advisors trades based on 13F SEC filings
These positions were updated on July 12th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Vanguard Scottsdale Fds |
2.59%
1,247,406
|
$72,345,040,000 | 21.66% |
| Schwab Strategic Tr |
1.13%
2,308,149
|
$133,451,670,000 | 39.95% |
| Vanguard Index Fds |
1.26%
358,199
|
$82,734,882,000 | 24.77% |
| Vanguard Tax-managed Fds |
0.62%
290,161
|
$14,339,757,000 | 4.29% |
| Ishares Tr |
4.83%
76,886
|
$13,579,978,000 | 4.07% |
| Vanguard Intl Equity Index F |
2.84%
116,261
|
$6,877,493,000 | 2.06% |
| Apple Inc |
2.23%
8,858
|
$1,865,615,000 | 0.56% |
| Berkshire Hathaway Inc. |
0.07%
4,080
|
$2,883,412,000 | 0.86% |
| Unitedhealth Group Inc |
1.38%
2,418
|
$1,231,643,000 | 0.37% |
| Tesla Inc |
2.95%
4,610
|
$912,227,000 | 0.27% |
| NVIDIA Corp |
501.38%
6,080
|
$751,123,000 | 0.22% |
| Sp Global Inc |
No change
955
|
$425,930,000 | 0.13% |
| Eli Lilly Co |
No change
352
|
$318,694,000 | 0.10% |
| Spdr Ser Tr |
Opened
6,785
|
$302,611,000 | 0.09% |
| Amazon.com Inc. |
14.73%
1,534
|
$296,446,000 | 0.09% |
| Costco Whsl Corp New |
Opened
340
|
$289,112,000 | 0.09% |
| Wells Fargo Co New |
3.84%
4,759
|
$282,637,000 | 0.08% |
| Microsoft Corporation |
25.47%
606
|
$270,739,000 | 0.08% |
| Pepsico Inc |
No change
1,572
|
$259,270,000 | 0.08% |
| Vanguard World Fd |
Opened
2,450
|
$236,719,000 | 0.07% |
| Ishares Tr |
Opened
5,550
|
$213,675,000 | 0.06% |
| Mcdonalds Corp |
Closed
738
|
$208,079,000 | |
| Alphabet Inc |
Opened
1,106
|
$201,458,000 | 0.06% |
| No transactions found | |||
| Showing first 500 out of 23 holdings | |||
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