0001144204-11-039131.txt : 20110705
0001144204-11-039131.hdr.sgml : 20110704
20110705165734
ACCESSION NUMBER: 0001144204-11-039131
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110630
FILED AS OF DATE: 20110705
DATE AS OF CHANGE: 20110705
EFFECTIVENESS DATE: 20110705
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: Cornerstone Investment Partners, LLC
CENTRAL INDEX KEY: 0001328062
IRS NUMBER: 582620541
STATE OF INCORPORATION: GA
FISCAL YEAR END: 1204
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-11408
FILM NUMBER: 11950288
BUSINESS ADDRESS:
STREET 1: 8097 ROSWELL ROAD
STREET 2: BUILDING A
CITY: ATLANTA
STATE: GA
ZIP: 30350
BUSINESS PHONE: 7703932852
MAIL ADDRESS:
STREET 1: 8097 ROSWELL ROAD
STREET 2: BUILDING A
CITY: ATLANTA
STATE: GA
ZIP: 30350
13F-HR
1
v227870_13fhr.txt
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
Form 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 2011
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Cornerstone Investment Partners
Address: 8097 Roswell Road, Building A
Atlanta, GA 30350
Form 13F File Number: 028-11408
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Wayne Holbrook
Title: Chief Compliance Officer
Phone: 770-685-7366
Signature, Place, and Date of Signing:
/s/ Wayne Holbrook Atlanta, GA 07/05/11
--------------------------- ------------- ----------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager
are reported in this report.)
[ ] 13F NOTICE. (Check here if no holdings reported are in this report, and
all holdings are reported by other reporting manager(s).)
[ ] 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported
by other reporting manager(s).)
Form 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers:
Form 13F Information Table Entry Total: 95
Form 13F Information Table Value Total: $ 2,312,997
-----------
(thousands)
List of Other Included Managers:
Provide a numbered list of the names(s) and Form 13F file numbers(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
NONE
Cornerstone Investment Partners, LLC
FORM 13F
June 30, 2011
Voting Authority
Title of Value Shares/ Sh/ Put/ Invstmt Other ------------------------------
Name of Issuer class CUSIP (x$1000) Prn Amt Prn Call Dscretn Managers Sole Shared None
------------------------------------------------------------------------------------------------------------------------------------
ACE Limited COM H0023R105 89,602 1,361,317 SH Sole 1,147,937 213,380
Flextronics International Ltd. COM Y2573F102 34,294 5,341,818 SH Sole 4,606,688 735,130
PartnerRe Ltd. COM G6852T105 2,157 31,323 SH Sole 31,323
AGL Resources Inc. COM 001204106 695 17,075 SH Sole 17,075
AT&T Inc. COM 00206R102 57,975 1,845,742 SH Sole 1,486,952 358,790
Advance Auto Parts Inc COM 00751Y106 46,030 786,980 SH Sole 675,145 111,835
Allstate Corporation COM 020002101 412 13,505 SH Sole 13,505
American Express Co. COM 025816109 258 5,000 SH Sole 5,000
Apple Inc. COM 037833100 55,783 166,183 SH Sole 145,632 20,551
BE Aerospace Inc. COM 073302101 590 14,455 SH Sole 8,665 5,790
Bank of America Corp COM 060505104 2,911 265,592 SH Sole 11,140 254,452
Baxter International COM 071813109 537 9,000 SH Sole 4,500 4,500
Bio-Rad Laboratories Cl A COM 090572207 249 2,090 SH Sole 2,090
Bristol-Myers Squibb Co. COM 110122108 62,031 2,141,965 SH Sole 1,724,305 417,660
Capital One Financial Corp. COM 14040H105 71,774 1,389,077 SH Sole 1,101,387 287,690
Chesapeake Energy Corp COM 165167107 5,967 200,970 SH Sole 91,670 109,300
Chevron Corp COM 166764100 83,531 812,247 SH Sole 653,077 159,170
Chubb Corp COM 171232101 57,777 922,804 SH Sole 725,599 197,205
Cisco Systems Inc. COM 17275R102 156 10,000 SH Sole 10,000
Citigroup, Inc. COM 172967424 85,461 2,052,369 SH Sole 1,746,505 305,864
Coca-Cola Company COM 191216100 8,742 129,920 SH Sole 25,314 104,606
ConAgra Foods, Inc. COM 205887102 3,253 126,040 SH Sole 49,040 77,000
ConocoPhillips COM 20825C104 98,522 1,310,313 SH Sole 1,109,465 200,848
Cousins Properties Inc COM 222795106 1,425 166,832 SH Sole 36,751 130,081
Deluxe Corporation COM 248019101 825 33,395 SH Sole 33,395
Eli Lilly & Co. COM 532457108 63,707 1,697,491 SH Sole 1,365,896 331,595
Entergy Corp COM 29364G103 1,580 23,145 SH Sole 5,245 17,900
Exelon Corp COM 30161N101 7,505 175,185 SH Sole 43,985 131,200
Exxon Mobil Corporation COM 30231G102 12,345 151,700 SH Sole 86,500 65,200
Fifth Third Bancorp COM 316773100 3,713 291,245 SH Sole 93,045 198,200
Gamestop Corp COM 36467W109 109,827 4,117,987 SH Sole 3,499,507 618,480
Gannett Co. Inc. COM 364730101 143 10,000 SH Sole 10,000
General Dynamics Corp. COM 369550108 88,033 1,181,336 SH Sole 1,010,596 170,740
Goldman Sachs Group Inc COM 38141G104 3,979 29,900 SH Sole 6,100 23,800
Google Inc COM 38259P508 82,650 163,218 SH Sole 141,705 21,513
Halliburton Company COM 406216101 3,575 70,099 SH Sole 36,135 33,964
Hancock Holding Co COM 410120109 374 12,072 SH Sole 3,511 8,561
Harsco Corporation COM 415864107 3,615 110,900 SH Sole 59,200 51,700
IBM Corp COM 459200101 79,603 464,025 SH Sole 419,835 44,190
ITT Corporation COM 450911102 298 5,050 SH Sole 5,050
Ingram Micro Inc. COM 457153104 784 43,240 SH Sole 43,240
Intel Corporation COM 458140100 74,571 3,365,137 SH Sole 2,897,864 467,273
JPMorgan Chase & Co COM 46625H100 5,150 125,800 SH Sole 12,000 113,800
Johnson & Johnson COM 478160104 5,609 84,322 SH Sole 59,922 24,400
KBR, Inc. COM 48242W106 2,303 61,095 SH Sole 37,645 23,450
Lincoln Educational Systems COM 533535100 2,027 118,182 SH Sole 63,700 54,482
Lockheed Martin Corp. COM 539830109 4,275 52,800 SH Sole 9,300 43,500
McGraw-Hill Companies COM 580645109 27,685 660,592 SH Sole 541,848 118,744
Merck & Co. Inc. COM 58933Y105 96,177 2,725,341 SH Sole 2,356,246 369,095
Microsoft Corporation COM 594918104 75,345 2,897,877 SH Sole 2,536,917 360,960
Morgan Stanley COM 617446448 86,597 3,763,448 SH Sole 3,259,958 503,490
NII Holdings Inc. COM 62913F201 5,267 124,270 SH Sole 370 123,900
Nike Inc cl B COM 654106103 310 3,450 SH Sole 3,450
Northrop Grumman Corp COM 666807102 1,859 26,800 SH Sole 600 26,200
Nucor Corporation COM 670346105 4,869 118,120 SH Sole 44,720 73,400
Old Republic Int'l Corp COM 680223104 929 79,060 SH Sole 79,060
Oracle Corporation COM 68389X105 103,378 3,141,235 SH Sole 2,743,925 397,310
Overseas Shipholding Grp COM 690368105 1,187 44,070 SH Sole 24,055 20,015
PPL Corp COM 69351T106 1,906 68,500 SH Sole 68,500
PetSmart Inc. COM 716768106 1,212 26,719 SH Sole 7,135 19,584
Philip Morris Intl COM 718172109 5,018 75,155 SH Sole 26,495 48,660
Polaris Industries Inc COM 731068102 940 8,460 SH Sole 8,460
Raytheon Company COM 755111507 4,402 88,300 SH Sole 23,500 64,800
Regions Financial Corp COM 7591EP100 65 10,510 SH Sole 1,510 9,000
SUPERVALU, Inc. COM 868536103 793 84,315 SH Sole 84,315
Selective Insurance Group COM 816300107 195 12,000 SH Sole 12,000
St. Jude Medical Inc. COM 790849103 60,606 1,271,105 SH Sole 1,129,035 142,070
State Street Corp COM 857477103 7,728 171,380 SH Sole 114,380 57,000
Synovus Financial Corp COM 87161C105 29 14,000 SH Sole 14,000
Sysco Corporation COM 871829107 672 21,540 SH Sole 21,540
V.F. Corporation COM 918204108 87,879 809,495 SH Sole 696,177 113,318
Valero Energy Corp. COM 91913Y100 2,816 110,130 SH Sole 680 109,450
Vanguard Emer Mkts ETF COM 922042858 221 4,545 SH Sole 4,545
Vanguard FTSE All-World ex-US COM 922042775 412 8,262 SH Sole 8,262
Vanguard Growth ETF COM 922908736 383 5,915 SH Sole 5,915
Vanguard Mid-Cap ETF COM 922908629 128 1,597 SH Sole 1,562 35
Vanguard Small-Cap ETF COM 922908751 130 1,668 SH Sole 1,628 40
Vanguard Value ETF COM 922908744 338 6,033 SH Sole 5,953 80
Verizon Communications, Inc. COM 92343V104 1,668 44,800 SH Sole 37,800 7,000
Wal-Mart Stores, Inc. COM 931142103 82,732 1,556,863 SH Sole 1,301,313 255,550
Western Digital Corp. COM 958102105 49,328 1,355,906 SH Sole 1,182,276 173,630
Xerox Corporation COM 984121103 2,768 265,906 SH Sole 114,050 151,856
iShr Russell 1000 Index COM 464287622 643 8,700 SH Sole 8,700
BP PLC ADS ADR 055622104 426 9,609 SH Sole 6,492 3,117
Invesco Ltd. ADR G491BT108 202 8,620 SH Sole 8,620
Nokia Corporation ADR 654902204 616 96,005 SH Sole 95,505 500
Norsk Hydro ASA ADR 656531605 317 41,500 SH Sole 41,500
Novartis AG ADR 66987V109 12 200 SH Sole 200
Petroleo Brasileiro SA ADR ADR 71654V101 3,531 115,100 SH Sole 21,300 93,800
Royal Dutch Shell CL A ADR 780259206 76,706 1,078,393 SH Sole 1,038,923 39,470
Sanofi ADS ADR 80105N105 31,918 794,573 SH Sole 702,438 92,135
Teva Pharmaceutical ADR 881624209 100,836 2,091,160 SH Sole 1,795,985 295,175
Vale S.A. ADR 91912E105 54,383 1,702,128 SH Sole 1,525,023 177,105
American Funds- Growth Fnd of MF 399874403 362 11,447 SH Sole 11,447
Vanguard Intermediate Term Bon MF 921937306 444 39,129 SH Sole 39,129
REPORT SUMMARY 95 DATA RECORDS 2,312,997 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED