Cornerstone Wealth 13F annual report
Cornerstone Wealth is an investment fund managing more than $1.12 trillion ran by Rahcel Posner. There are currently 194 companies in Posner’s portfolio. The largest investments include NVIDIA Corp and Spdr S&p 500 Etf Tr, together worth $198 billion.
$1.12 trillion Assets Under Management (AUM)
As of 17th July 2024, Cornerstone Wealth’s top holding is 969,166 shares of NVIDIA Corp currently worth over $120 billion and making up 10.7% of the portfolio value.
Relative to the number of outstanding shares of NVIDIA Corp, Cornerstone Wealth owns more than approximately 0.1% of the company.
In addition, the fund holds 143,387 shares of Spdr S&p 500 Etf Tr worth $78 billion.
The third-largest holding is Ishares Tr worth $183 billion and the next is Apple Inc worth $48.8 billion, with 231,621 shares owned.
Currently, Cornerstone Wealth's portfolio is worth at least $1.12 trillion. 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
The Cornerstone Wealth office and employees reside in Huntersville, North Carolina. According to the last 13-F report filed with the SEC, Rahcel Posner serves as the Chief Compliance Officer at Cornerstone Wealth.
Recent trades
In the most recent 13F filing, Cornerstone Wealth revealed that it had opened a new position in
Select Sector Spdr Tr and bought 132,535 shares worth $9.03 billion.
The investment fund also strengthened its position in NVIDIA Corp by buying
865,414 additional shares.
This makes their stake in NVIDIA Corp total 969,166 shares worth $120 billion.
NVIDIA Corp dropped 72.3% in the past year.
On the other hand, there are companies that Cornerstone Wealth is getting rid of from its portfolio.
Cornerstone Wealth closed its position in Select Sector Spdr Tr on 24th July 2024.
It sold the previously owned 47,280 shares for $8.69 billion.
Rahcel Posner also disclosed a decreased stake in Ishares Tr by 0.1%.
This leaves the value of the investment at $183 billion and 1,645,968 shares.
One of the average hedge funds
The two most similar investment funds to Cornerstone Wealth are Motley Fool Asset Management and Cas Investment Partners. They manage $1.12 trillion and $1.12 trillion respectively.
Rahcel Posner investment strategy
Cornerstone Wealth’s portfolio is diversified across 12 sectors.
Currently, their heaviest sector is Technology — making up 19.6% of
the total portfolio value.
The fund focuses on investments in the United States as
52.1% 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
54% of the total holdings value.
On the other hand, small-cap stocks make up only 3.6% of the portfolio.
The average market cap of the portfolio companies is close to $173 billion.
The complete list of Cornerstone Wealth trades based on 13F SEC filings
These positions were updated on July 24th 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 |
|---|---|---|---|
| NVIDIA Corp |
834.12%
969,166
|
$119,730,827,000 | 10.69% |
| Spdr S&p 500 Etf Tr |
3.15%
143,387
|
$78,034,009,000 | 6.97% |
| Ishares Tr |
12.77%
1,645,968
|
$182,572,330,000 | 16.30% |
| Apple Inc |
3.23%
231,621
|
$48,784,114,000 | 4.36% |
| Schwab Strategic Tr |
0.36%
623,052
|
$38,270,251,000 | 3.42% |
| Microsoft Corporation |
4.53%
64,849
|
$28,984,478,000 | 2.59% |
| Vanguard Index Fds |
5.49%
110,525
|
$37,632,951,000 | 3.36% |
| Janus Detroit Str Tr |
0.96%
347,414
|
$17,676,445,000 | 1.58% |
| Broadcom Inc |
0.87%
9,405
|
$15,099,730,000 | 1.35% |
| Amazon.com Inc. |
4.58%
76,808
|
$14,843,240,000 | 1.33% |
| Select Sector Spdr Tr |
37.40%
224,929
|
$31,797,266,000 | 2.84% |
| Bank America Corp |
1.88%
345,576
|
$13,743,568,000 | 1.23% |
| Principal Exchange Traded Fd |
1.12%
702,701
|
$12,803,221,000 | 1.14% |
| Home Depot, Inc. |
3.01%
36,713
|
$12,637,978,000 | 1.13% |
| JPMorgan Chase & Co. |
0.63%
59,646
|
$12,064,002,000 | 1.08% |
| Alphabet Inc |
3.99%
79,923
|
$14,577,668,000 | 1.30% |
| Abbvie Inc |
2.21%
67,531
|
$11,582,848,000 | 1.03% |
| Pepsico Inc |
71.62%
69,394
|
$11,445,121,000 | 1.02% |
| Eli Lilly & Co |
2.14%
12,239
|
$11,081,195,000 | 0.99% |
| Visa Inc |
5.70%
38,393
|
$10,076,950,000 | 0.90% |
| Cummins Inc. |
1.34%
34,598
|
$9,581,168,000 | 0.86% |
| Meta Platforms Inc |
4.35%
18,789
|
$9,473,958,000 | 0.85% |
| Exxon Mobil Corp. |
1.03%
81,709
|
$9,406,288,000 | 0.84% |
| Select Sector Spdr Tr |
Opened
132,535
|
$9,030,956,000 | 0.81% |
| Berkshire Hathaway Inc. |
5.96%
21,975
|
$8,939,267,000 | 0.80% |
| Lincoln Elec Hldgs Inc |
0.47%
46,321
|
$8,737,993,000 | 0.78% |
| Select Sector Spdr Tr |
Closed
47,280
|
$8,694,234,000 | |
| Procter And Gamble Co |
2.94%
52,140
|
$8,598,954,000 | 0.77% |
| Wisdomtree Tr |
2.46%
189,965
|
$8,227,384,000 | 0.73% |
| Merck & Co Inc |
4.03%
62,574
|
$7,746,633,000 | 0.69% |
| Johnson & Johnson |
0.85%
52,290
|
$7,642,746,000 | 0.68% |
| Chevron Corp. |
5.42%
48,740
|
$7,623,853,000 | 0.68% |
| Conocophillips |
3.29%
66,272
|
$7,580,237,000 | 0.68% |
| The Southern Co. |
46.33%
90,706
|
$7,036,035,000 | 0.63% |
| Walmart Inc |
0.43%
100,763
|
$6,822,643,000 | 0.61% |
| Kenvue Inc |
5.48%
369,573
|
$6,718,839,000 | 0.60% |
| Abbott Labs |
3.42%
63,560
|
$6,604,524,000 | 0.59% |
| Prudential Finl Inc |
0.83%
55,625
|
$6,518,743,000 | 0.58% |
| Ishares Inc |
2.94%
115,633
|
$6,189,847,000 | 0.55% |
| Mcdonalds Corp |
23.43%
23,855
|
$6,079,193,000 | 0.54% |
| Qualcomm, Inc. |
2.28%
30,451
|
$6,065,326,000 | 0.54% |
| Unitedhealth Group Inc |
7.91%
11,831
|
$6,025,010,000 | 0.54% |
| Intuitive Surgical Inc |
Opened
12,798
|
$5,693,190,000 | 0.51% |
| Lowes Cos Inc |
6.44%
25,657
|
$5,656,409,000 | 0.50% |
| AT&T Inc. |
3.91%
292,859
|
$5,596,538,000 | 0.50% |
| Automatic Data Processing In |
97.10%
23,078
|
$5,508,406,000 | 0.49% |
| VanEck ETF Trust |
6.16%
137,929
|
$7,336,836,000 | 0.65% |
| Fidelity Natl Information Sv |
1.41%
65,635
|
$4,946,227,000 | 0.44% |
| Costco Whsl Corp New |
6.97%
5,785
|
$4,917,519,000 | 0.44% |
| Honeywell International Inc |
1.85%
22,851
|
$4,879,670,000 | 0.44% |
| Eaton Corp Plc |
0.25%
15,030
|
$4,712,757,000 | 0.42% |
| Truist Finl Corp |
2.97%
120,893
|
$4,696,682,000 | 0.42% |
| Ssga Active Etf Tr |
1.10%
168,921
|
$4,667,294,000 | 0.42% |
| Advanced Micro Devices Inc. |
7.38%
26,453
|
$4,290,902,000 | 0.38% |
| Palo Alto Networks Inc |
6.21%
12,516
|
$4,243,049,000 | 0.38% |
| M & T Bk Corp |
5.99%
27,779
|
$4,204,594,000 | 0.38% |
| J P Morgan Exchange Traded F |
2.26%
73,874
|
$4,187,171,000 | 0.37% |
| Goldman Sachs Group, Inc. |
2.55%
9,197
|
$4,160,196,000 | 0.37% |
| Disney Walt Co |
4.11%
41,666
|
$4,137,064,000 | 0.37% |
| Uber Technologies Inc |
7.26%
55,345
|
$4,022,480,000 | 0.36% |
| AMGEN Inc. |
2.57%
12,814
|
$4,003,881,000 | 0.36% |
| Legg Mason Etf Invt |
0.60%
134,530
|
$3,987,463,000 | 0.36% |
| Colgate-Palmolive Co. |
0.16%
40,698
|
$3,949,305,000 | 0.35% |
| Altria Group Inc. |
2.63%
86,248
|
$3,928,578,000 | 0.35% |
| Regeneron Pharmaceuticals, Inc. |
2.88%
3,718
|
$3,907,730,000 | 0.35% |
| Two Rds Shared Tr |
Opened
301,821
|
$3,851,169,000 | 0.34% |
| ServiceNow Inc |
4.52%
4,834
|
$3,802,763,000 | 0.34% |
| T-Mobile US, Inc. |
5.76%
21,501
|
$3,788,055,000 | 0.34% |
| Republic Svcs Inc |
4.55%
19,269
|
$3,744,674,000 | 0.33% |
| Blackstone Inc |
0.64%
28,777
|
$3,562,593,000 | 0.32% |
| Citigroup Inc |
0.70%
55,653
|
$3,531,765,000 | 0.32% |
| Simon Ppty Group Inc New |
8.30%
22,242
|
$3,376,355,000 | 0.30% |
| Firstenergy Corp. |
4.60%
87,674
|
$3,355,270,000 | 0.30% |
| Monster Beverage Corp. |
Closed
54,938
|
$3,256,725,000 | |
| Williams Cos Inc |
Opened
75,373
|
$3,203,343,000 | 0.29% |
| L3Harris Technologies Inc |
8.53%
13,658
|
$3,067,251,000 | 0.27% |
| Steel Dynamics Inc. |
0.60%
23,258
|
$3,011,899,000 | 0.27% |
| Sempra |
46.17%
39,435
|
$2,999,421,000 | 0.27% |
| Novartis AG |
1.73%
27,918
|
$2,972,097,000 | 0.27% |
| Ppg Inds Inc |
Closed
20,421
|
$2,958,968,000 | |
| Spdr Ser Tr |
0.32%
141,074
|
$4,660,998,000 | 0.42% |
| Schlumberger Ltd. |
Opened
58,479
|
$2,759,021,000 | 0.25% |
| Darden Restaurants, Inc. |
2.35%
16,939
|
$2,563,136,000 | 0.23% |
| Mastercard Incorporated |
7.45%
5,392
|
$2,378,924,000 | 0.21% |
| Oracle Corp. |
8.68%
16,295
|
$2,300,828,000 | 0.21% |
| Nike, Inc. |
1,068.07%
29,926
|
$2,255,510,000 | 0.20% |
| Duke Energy Corp. |
0.31%
20,358
|
$2,040,495,000 | 0.18% |
| Dimensional Etf Trust |
No change
60,946
|
$1,964,890,000 | 0.18% |
| Doubleline Etf Trust |
2.82%
41,293
|
$1,874,695,000 | 0.17% |
| Fidelity Merrimack Str Tr |
2.83%
41,534
|
$1,866,120,000 | 0.17% |
| Vanguard Scottsdale Fds |
12.62%
21,656
|
$1,730,938,000 | 0.15% |
| Tesla Inc |
17.37%
8,495
|
$1,680,917,000 | 0.15% |
| Caterpillar Inc. |
1.87%
4,568
|
$1,521,539,000 | 0.14% |
| Innovator ETFs Trust |
4.63%
282,018
|
$10,404,033,000 | 0.93% |
| AB Active ETFs Inc |
3.88%
59,130
|
$1,476,472,000 | 0.13% |
| Coca-Cola Co |
1.31%
22,838
|
$1,453,636,000 | 0.13% |
| Invesco Exchange Traded Fd T |
0.52%
15,921
|
$1,651,853,000 | 0.15% |
| NextEra Energy Inc |
19.06%
16,991
|
$1,203,100,000 | 0.11% |
| Cigna Group (The) |
1.59%
3,062
|
$1,012,230,000 | 0.09% |
| Intel Corp. |
4.31%
30,479
|
$943,928,000 | 0.08% |
| Netflix Inc. |
3.92%
1,271
|
$857,770,000 | 0.08% |
| Deere & Co. |
2.33%
2,220
|
$829,476,000 | 0.07% |
| Stryker Corp. |
5.38%
2,410
|
$819,869,000 | 0.07% |
| Dominion Energy Inc |
1.03%
16,608
|
$813,801,000 | 0.07% |
| American Express Co. |
3.91%
3,478
|
$805,377,000 | 0.07% |
| Lockheed Martin Corp. |
0.77%
1,567
|
$732,023,000 | 0.07% |
| GE Aerospace |
0.55%
4,549
|
$723,140,000 | 0.06% |
| Philip Morris International Inc |
No change
7,014
|
$710,732,000 | 0.06% |
| Adobe Inc |
13.02%
1,250
|
$694,425,000 | 0.06% |
| Accenture Plc Ireland |
20.94%
2,287
|
$694,046,000 | 0.06% |
| Phillips 66 |
0.34%
4,740
|
$669,146,000 | 0.06% |
| Pacer Fds Tr |
No change
25,367
|
$667,406,000 | 0.06% |
| Trump Media & Technology Gro |
Closed
10,689
|
$662,290,000 | |
| Vanguard Whitehall Fds |
4.73%
5,513
|
$653,842,000 | 0.06% |
| International Business Machs |
4.75%
3,594
|
$621,657,000 | 0.06% |
| Salesforce Inc |
82.36%
2,391
|
$614,735,000 | 0.05% |
| The Baldwin Insurance Grp In |
1.11%
16,700
|
$592,349,000 | 0.05% |
| Union Pac Corp |
3.50%
2,575
|
$582,649,000 | 0.05% |
| Bristol-Myers Squibb Co. |
7.52%
13,886
|
$576,694,000 | 0.05% |
| Enbridge Inc |
No change
15,899
|
$565,845,000 | 0.05% |
| Tjx Cos Inc New |
40.36%
5,133
|
$565,112,000 | 0.05% |
| Elevance Health Inc |
Closed
1,052
|
$545,560,000 | |
| Verizon Communications Inc |
7.02%
12,875
|
$530,984,000 | 0.05% |
| Mondelez International Inc. |
0.57%
7,974
|
$521,843,000 | 0.05% |
| Thermo Fisher Scientific Inc. |
0.75%
925
|
$511,556,000 | 0.05% |
| Spdr Gold Tr |
3.58%
2,373
|
$510,219,000 | 0.05% |
| Nu Hldgs Ltd |
0.02%
37,691
|
$485,837,000 | 0.04% |
| Valley Natl Bancorp |
6.38%
67,347
|
$470,082,000 | 0.04% |
| Starbucks Corp. |
0.50%
6,019
|
$468,590,000 | 0.04% |
| Lennar Corp. |
0.74%
3,115
|
$466,774,000 | 0.04% |
| Kimberly-Clark Corp. |
1.05%
3,372
|
$466,071,000 | 0.04% |
| Pfizer Inc. |
7.26%
16,531
|
$462,543,000 | 0.04% |
| Dow Inc |
1.30%
8,342
|
$442,517,000 | 0.04% |
| Intuit Inc |
54.27%
668
|
$439,016,000 | 0.04% |
| Comcast Corp New |
1.95%
11,061
|
$433,151,000 | 0.04% |
| Applied Matls Inc |
11.39%
1,731
|
$408,499,000 | 0.04% |
| United Parcel Service, Inc. |
6.57%
2,917
|
$399,184,000 | 0.04% |
| Mckesson Corporation |
4.17%
675
|
$393,957,000 | 0.04% |
| Cisco Sys Inc |
5.67%
8,009
|
$380,517,000 | 0.03% |
| V2X Inc |
Opened
7,734
|
$370,923,000 | 0.03% |
| Unilever plc |
No change
6,722
|
$369,643,000 | 0.03% |
| Morgan Stanley |
1.81%
3,713
|
$360,901,000 | 0.03% |
| S&P Global Inc |
Opened
802
|
$357,734,000 | 0.03% |
| Zimmer Biomet Holdings Inc |
0.53%
3,235
|
$351,095,000 | 0.03% |
| Wells Fargo Co New |
16.71%
5,881
|
$349,253,000 | 0.03% |
| Iron Mtn Inc Del |
1.92%
3,884
|
$348,084,000 | 0.03% |
| Taiwan Semiconductor Mfg Ltd |
Opened
1,962
|
$341,053,000 | 0.03% |
| Seagate Technology Hldngs Pl |
0.87%
3,239
|
$334,496,000 | 0.03% |
| Zoetis Inc |
Opened
1,924
|
$333,545,000 | 0.03% |
| Blackrock Inc. |
4.46%
422
|
$332,275,000 | 0.03% |
| Fiserv, Inc. |
1.97%
2,225
|
$331,614,000 | 0.03% |
| Texas Instrs Inc |
13.85%
1,661
|
$323,057,000 | 0.03% |
| Aflac Inc. |
2.21%
3,604
|
$321,845,000 | 0.03% |
| RTX Corp |
20.15%
3,035
|
$304,658,000 | 0.03% |
| Yum Brands Inc. |
2.72%
2,228
|
$295,182,000 | 0.03% |
| Fidelity Covington Trust |
Opened
1,699
|
$291,419,000 | 0.03% |
| Raymond James Finl Inc |
1.26%
2,333
|
$288,382,000 | 0.03% |
| Lam Research Corp. |
7.60%
269
|
$286,789,000 | 0.03% |
| Wp Carey Inc |
5.49%
4,890
|
$269,195,000 | 0.02% |
| Vanguard World Fd |
1.50%
460
|
$265,062,000 | 0.02% |
| Danaher Corp. |
1.43%
1,061
|
$265,033,000 | 0.02% |
| Constellation Energy Corp |
8.27%
1,296
|
$259,551,000 | 0.02% |
| Carrier Global Corporation |
Opened
4,104
|
$258,880,000 | 0.02% |
| General Mls Inc |
Closed
3,682
|
$257,636,000 | |
| Sherwin-Williams Co. |
Opened
862
|
$257,249,000 | 0.02% |
| Micron Technology Inc. |
5.56%
1,955
|
$257,080,000 | 0.02% |
| Marsh & McLennan Cos., Inc. |
7.75%
1,210
|
$255,013,000 | 0.02% |
| Aon plc. |
4.96%
867
|
$254,573,000 | 0.02% |
| Price T Rowe Group Inc |
3.31%
2,155
|
$248,495,000 | 0.02% |
| Shopify Inc |
1.31%
3,762
|
$248,480,000 | 0.02% |
| Omega Healthcare Invs Inc |
0.41%
7,253
|
$248,415,000 | 0.02% |
| DuPont de Nemours Inc |
5.75%
3,036
|
$244,365,000 | 0.02% |
| Oreilly Automotive Inc |
Closed
215
|
$242,709,000 | |
| Spdr S&p Midcap 400 Etf Tr |
No change
448
|
$239,716,000 | 0.02% |
| Ameriprise Finl Inc |
9.61%
559
|
$238,839,000 | 0.02% |
| CSX Corp. |
2.95%
7,073
|
$236,592,000 | 0.02% |
| Horace Mann Educators Corp N |
No change
7,200
|
$234,864,000 | 0.02% |
| Grayscale Bitcoin Tr Btc |
0.23%
4,354
|
$231,807,000 | 0.02% |
| Amphenol Corp. |
Opened
3,401
|
$229,125,000 | 0.02% |
| Target Corp |
7.87%
1,536
|
$227,438,000 | 0.02% |
| Linde Plc. |
13.94%
515
|
$226,120,000 | 0.02% |
| Waste Mgmt Inc Del |
Opened
1,037
|
$221,272,000 | 0.02% |
| Canadian Natl Ry Co |
Opened
1,856
|
$219,249,000 | 0.02% |
| BP plc |
Closed
5,802
|
$218,605,000 | |
| Carlisle Cos Inc |
No change
538
|
$218,003,000 | 0.02% |
| Northrop Grumman Corp. |
Closed
455
|
$217,867,000 | |
| Huntington Bancshares, Inc. |
9.77%
16,504
|
$217,523,000 | 0.02% |
| Roper Technologies Inc |
Opened
383
|
$215,882,000 | 0.02% |
| PayPal Holdings Inc |
10.43%
3,707
|
$215,117,000 | 0.02% |
| Rockwell Automation Inc |
Closed
735
|
$214,128,000 | |
| United Cmnty Bks Blairsvle G |
0.02%
8,407
|
$214,042,000 | 0.02% |
| Freeport-McMoRan Inc |
Opened
4,381
|
$212,917,000 | 0.02% |
| Nuveen Nasdaq 100 Dynamic Ov |
No change
8,453
|
$212,001,000 | 0.02% |
| Sysco Corp. |
Closed
2,594
|
$210,581,000 | |
| Pacer Fds Tr |
Closed
7,724
|
$209,191,000 | |
| Grainger W W Inc |
Closed
204
|
$207,529,000 | |
| CVS Health Corp |
Closed
2,598
|
$207,234,000 | |
| Boston Scientific Corp. |
Opened
2,689
|
$207,080,000 | 0.02% |
| Prologis Inc |
Closed
1,588
|
$206,771,000 | |
| J P Morgan Exchange Traded F |
Closed
4,000
|
$201,800,000 | |
| Chipotle Mexican Grill |
Opened
3,210
|
$201,107,000 | 0.02% |
| Starwood Ppty Tr Inc |
1.17%
10,041
|
$190,177,000 | 0.02% |
| Blackrock Floating Rate Inco |
No change
10,984
|
$142,133,000 | 0.01% |
| Ford Mtr Co Del |
5.67%
10,651
|
$133,561,000 | 0.01% |
| Blackrock Corpor Hi Yld Fd I |
No change
13,504
|
$130,854,000 | 0.01% |
| Eaton Vance Ltd Duration Inc |
No change
12,460
|
$121,360,000 | 0.01% |
| Pimco High Income Fd |
No change
24,810
|
$119,584,000 | 0.01% |
| Barclays plc |
No change
10,561
|
$113,108,000 | 0.01% |
| Clearmind Medicine Inc |
Opened
20,000
|
$33,600,000 | 0.00% |
| Knightscope Inc |
No change
91,470
|
$28,072,000 | 0.00% |
| No transactions found | |||
| Showing first 500 out of 210 holdings | |||
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