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