Cornerstone Investment Partners, LLC Profile
Cornerstone Investment Partners, LLC is an investment management firm based out of Atlanta, Georgia. The company was established in 2001 and is currently headed by CIO John Campbell. Cornerstone Investment Partners has grown from its inception to now have 26 employees of which 10 are investment professionals. The firm operates as a subsidiary of its holdings company CIM Holdings LLC. The company conducts its research internally and invests in the public equity and fixed income markets on a global scale. Cornerstone Investment Partners focuses on the value stocks of large cap companies, utilizing a fundamental methodology to make its investment decisions and benchmarking its performance against various Russell and S&P indexes. The company invests most heavily in the finance sector, which alone makes up over a quarter of its total asset allocations, and also invests in the information technology, industrials, consumer discretionary, and energy sectors, among others to a lesser degree, in order of decreasing allocation. Cornerstone Investment Partners’s top holdings include JPMorgan Chase & Co., Capital One Financial Corp., Oracle Corp., Parker Hannifin Corp., and Citigroup Inc., with its top 10 holdings together making up approximately 43% of its total holdings. The company holds over $9.6 billion in total assets under management spread across almost 1,100 accounts, all of which are discretionary accounts except for 16 that make up approximately $470 million of its managed assets. Both of Cornerstone Investment Partners’s total number of accounts and total assets under management have been increasing in recent years with its total assets under management growing significantly from $1.3 billion back in 2010 to well over 7 times that amount today. The company mainly caters to high net worth individuals, which alone makes up over a third of its client base and also provides to individuals, banks, investment companies, pension and profit sharing plans, corporations, insurance companies, charities, and others. Cornerstone Investment Partners offers its Concentrated 30 portfolio.