Cornerstone Wealth Management's Q3 2022 Holdings Increase, Reveals Changes in Top Holdings

Cornerstone Wealth Management, LLC's Q2 2022 vs. Q3 2022 13F holdings comparison reveals significant changes in the fund's portfolio. The 13F filings, required by the Securities and Exchange Commission (SEC), summarize the company's holdings in publicly traded US stocks, and institutional investment managers with assets exceeding $100 million must file them.

The 13F filings reveal that Cornerstone Wealth Management, LLC's Q3 2022 holdings have increased by 1.9% compared to Q2 2022, with the fund holding 50560 shares valued at $5.06 billion, up from 49617 shares valued at $4.96 billion during Q2 2022. Let us take a closer look at the changes in the fund's top holdings.

Apple Inc. (AAPL)

Cornerstone Wealth Management, LLC holds 365847 shares of Apple Inc. worth $50.56 million in Q3 2022, which is a 1.9% increase from the previous quarter's holdings of 362911 shares worth $49.61 million. Apple Inc. is a leading technology company that designs, manufactures, and sells consumer electronics, computer software, and online services.

iShares T (IVV)

The fund's holdings in iShares T have decreased by 2.2%, with the fund holding 11644 shares of iShares T valued at $41.76 million in Q3 2022 compared to 112668 shares valued at $42.72 million in Q2 2022. The iShares T is a leading index fund that tracks the S&P 500 index's performance.

J P Morgan Exchange Traded F (BBUS)

The fund's BBUS holdings have decreased by a significant 10%, with the fund holding 583579 shares valued at $37.47 million in Q3 2022 compared to 615674 shares valued at $41.73 million in Q2 2022. The J P Morgan Exchange Traded F is an actively managed fund that invests in US equities.

SPDR SER Tr (SPMD)

The fund's holdings in SPDR SER Tr's have decreased by 5.3%, with the fund holding 779515 shares valued at $30.06 million in Q3 2022 compared to 799291 shares valued at $31.72 million in Q2 2022. The SPDR SER Tr is an ETF that tracks the performance of the S&P 400 mid-cap index.

Vanguard BD Index FDS (BND)

The fund's holdings in Vanguard BD Index FDS have significantly increased by 105.5% with the fund holding 413144 shares valued at $29.47 million in Q3 2022 compared to 190546 shares valued at $14.34 million in Q2 2022. The Vanguard BD Index FDS invests in a diversified portfolio of investment-grade US bonds.

The above-listed holdings make up a significant portion of the fund's portfolio, with changes in these companies significantly impacting the fund's overall performance. The fund's holdings in iShares T and J P Morgan Exchange Traded F were the biggest decliners, with reductions of 2.2% and 10%, respectively.

On the other hand, the fund's holdings in Vanguard BD Index FDS saw a significant increase of 105.5%, while Apple Inc.'s holdings increased by 1.9%, reflecting the tech giant's robust financial performance over the past year.

Overall, the 13F holdings comparison reveals that Cornerstone Wealth Management, LLC has made strategic changes to its portfolio, positioning its holdings to take advantage of long-term investment opportunities. However, as with any investment, it is essential to conduct your analysis and consider various factors, such as market trends and company performance, before investing in any company's stocks or funds.