Cornerstone Advisors

Cornerstone Advisors as of Sept. 30, 2007

Portfolio Holdings for Cornerstone Advisors

Cornerstone Advisors holds 310 positions in its portfolio as reported in the September 2007 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 1000 Index (IWB) 54.7 $77M 926k 82.94
iShares Russell 2000 Index (IWM) 13.5 $19M 237k 80.06
Nordstrom (JWN) 10.8 $15M 322k 46.89
Microsoft Corporation (MSFT) 7.2 $10M 343k 29.46
Bemis Company 7.1 $10M 344k 29.11
iShares Russell 1000 Value Index (IWD) 1.0 $1.4M 16k 85.96
iShares Russell 1000 Growth Index (IWF) 0.9 $1.3M 20k 61.74
iShares Russell 3000 Index (IWV) 0.8 $1.1M 12k 87.96
iShares S&P 100 Index (OEF) 0.7 $1.0M 14k 71.53
Exxon Mobil Corporation (XOM) 0.4 $593k 6.4k 92.48
Starbucks Corporation (SBUX) 0.4 $517k 20k 26.20
General Electric Company 0.3 $410k 9.9k 41.35
Johnson & Johnson (JNJ) 0.2 $262k 4.0k 65.75
Procter & Gamble Company (PG) 0.2 $262k 3.7k 70.35
iShares MSCI EAFE Index Fund (EFA) 0.1 $179k 2.2k 82.60
At&t (T) 0.1 $144k 3.4k 42.24
Boeing Company (BA) 0.1 $130k 1.2k 104.75
Altria (MO) 0.1 $123k 1.8k 69.41
BP (BP) 0.1 $114k 1.6k 69.51
Coca-Cola Company (KO) 0.1 $113k 2.0k 57.54
Pepsi (PEP) 0.1 $114k 1.6k 73.50
Kimberly-Clark Corporation (KMB) 0.1 $94k 1.3k 70.57
Cisco Systems (CSCO) 0.1 $83k 2.5k 32.95
JPMorgan Chase & Co. (JPM) 0.0 $63k 1.4k 45.62
Waste Management (WM) 0.0 $58k 1.7k 35.11
Medco Health Solutions 0.0 $51k 567.00 89.95
McGraw-Hill Companies 0.0 $62k 1.2k 50.99
Wells Fargo & Company (WFC) 0.0 $52k 1.5k 35.40
United Technologies Corporation 0.0 $55k 685.00 80.29
Bank of America Corporation (BAC) 0.0 $42k 836.00 50.24
Medtronic 0.0 $43k 760.00 56.58
Verizon Communications (VZ) 0.0 $36k 809.00 44.50
Macy's (M) 0.0 $40k 1.2k 32.52
American Electric Power Company (AEP) 0.0 $47k 1.0k 46.08
Google 0.0 $49k 87.00 563.22
HCP 0.0 $46k 1.4k 33.09
Costco Wholesale Corporation (COST) 0.0 $26k 431.00 60.32
United Parcel Service (UPS) 0.0 $35k 468.00 74.79
General Motors Corp 0.0 $25k 691.00 36.18
Motorola 0.0 $33k 1.8k 18.81
Encana Corp 0.0 $22k 350.00 62.86
Amazon (AMZN) 0.0 $31k 333.00 93.09
First Cash Financial Services 0.0 $28k 1.2k 23.33
iShares Lehman Aggregate Bond (AGG) 0.0 $26k 262.00 99.24
iShares Russell Midcap Value Index (IWS) 0.0 $23k 155.00 148.39
Ipath Dow Jones-aig Commodity (DJP) 0.0 $25k 467.00 53.53
iShares MSCI Emerging Markets Indx (EEM) 0.0 $13k 90.00 144.44
Walt Disney Company (DIS) 0.0 $10k 300.00 33.33
Chevron Corporation (CVX) 0.0 $9.0k 91.00 98.90
Bristol Myers Squibb (BMY) 0.0 $13k 434.00 29.95
3M Company (MMM) 0.0 $8.0k 86.00 93.02
Intel Corporation (INTC) 0.0 $19k 727.00 26.13
Kroger (KR) 0.0 $13k 452.00 28.76
Apple (AAPL) 0.0 $13k 85.00 152.94
Hewlett-Packard Company 0.0 $14k 283.00 49.47
Wachovia Corp 0.0 $8.0k 154.00 51.95
Merrill Lynch & Co. 0.0 $8.0k 106.00 75.47
Intuit (INTU) 0.0 $18k 600.00 30.00
Chubb Corporation 0.0 $3.0k 49.00 61.22
Comcast Corporation (CMCSA) 0.0 $4.0k 162.00 24.69
NRG Energy (NRG) 0.0 $1.0k 24.00 41.67
Idearc 0.0 $999.920000 29.00 34.48
Boyd Gaming Corporation (BYD) 0.0 $1.0k 18.00 55.56
Corning Incorporated (GLW) 0.0 $2.0k 72.00 27.78
BlackRock (BLK) 0.0 $1.0k 8.00 125.00
Cme (CME) 0.0 $1.0k 2.00 500.00
Genworth Financial (GNW) 0.0 $999.880000 28.00 35.71
Goldman Sachs (GS) 0.0 $4.0k 20.00 200.00
Progressive Corporation (PGR) 0.0 $1.0k 60.00 16.67
Charles Schwab Corporation (SCHW) 0.0 $6.0k 285.00 21.05
U.S. Bancorp (USB) 0.0 $5.0k 148.00 33.78
Assurant (AIZ) 0.0 $1.0k 24.00 41.67
TD Ameritrade Holding 0.0 $999.990000 41.00 24.39
American Express Company (AXP) 0.0 $7.0k 126.00 55.56
PNC Financial Services (PNC) 0.0 $2.0k 31.00 64.52
Lincoln National Corporation (LNC) 0.0 $1.0k 11.00 90.91
MGIC Investment (MTG) 0.0 $1.0k 21.00 47.62
Discover Financial Services (DFS) 0.0 $999.880000 28.00 35.71
Ameriprise Financial (AMP) 0.0 $999.970000 19.00 52.63
Northern Trust Corporation (NTRS) 0.0 $2.0k 34.00 58.82
DST Systems 0.0 $1.0k 14.00 71.43
SEI Investments Company (SEIC) 0.0 $1.0k 40.00 25.00
SLM Corporation (SLM) 0.0 $2.0k 33.00 60.61
Suntrust Banks Inc $1.00 Par Cmn 0.0 $2.0k 20.00 100.00
Equifax (EFX) 0.0 $999.900000 22.00 45.45
Moody's Corporation (MCO) 0.0 $1.0k 24.00 41.67
Crown Castle International 0.0 $2.0k 37.00 54.05
Devon Energy Corporation (DVN) 0.0 $3.0k 38.00 78.95
Eastman Kodak Company 0.0 $999.900000 30.00 33.33
Ecolab (ECL) 0.0 $1.0k 24.00 41.67
Expeditors International of Washington (EXPD) 0.0 $999.900000 22.00 45.45
FedEx Corporation (FDX) 0.0 $1.0k 14.00 71.43
McDonald's Corporation (MCD) 0.0 $6.0k 114.00 52.63
Range Resources (RRC) 0.0 $999.950000 35.00 28.57
Republic Services (RSG) 0.0 $999.900000 30.00 33.33
Wal-Mart Stores (WMT) 0.0 $999.920000 29.00 34.48
Xto Energy 0.0 $2.0k 27.00 74.07
Coca-Cola Enterprises 0.0 $1.0k 56.00 17.86
Home Depot (HD) 0.0 $4.0k 135.00 29.63
Abbott Laboratories (ABT) 0.0 $5.0k 84.00 59.52
Baxter International (BAX) 0.0 $2.0k 41.00 48.78
Eli Lilly & Co. (LLY) 0.0 $999.940000 17.00 58.82
Pfizer (PFE) 0.0 $5.0k 204.00 24.51
American Intl Group 0.0 $3.0k 49.00 61.22
Norfolk Southern (NSC) 0.0 $5.0k 88.00 56.82
Great Plains Energy Incorporated 0.0 $999.920000 29.00 34.48
FirstEnergy (FE) 0.0 $1.0k 14.00 71.43
Cardinal Health (CAH) 0.0 $1.0k 16.00 62.50
Advent Software 0.0 $1.0k 11.00 90.91
Apache Corporation 0.0 $2.0k 21.00 95.24
Autodesk (ADSK) 0.0 $1.0k 14.00 71.43
BMC Software 0.0 $2.0k 63.00 31.75
Bed Bath & Beyond 0.0 $999.880000 28.00 35.71
CarMax (KMX) 0.0 $1.0k 60.00 16.67
Coach 0.0 $3.0k 60.00 50.00
Cummins (CMI) 0.0 $2.0k 19.00 105.26
Eaton Corporation 0.0 $999.960000 13.00 76.92
Family Dollar Stores 0.0 $1.0k 44.00 22.73
Federated Investors (FHI) 0.0 $999.900000 22.00 45.45
Franklin Resources (BEN) 0.0 $3.0k 21.00 142.86
J.B. Hunt Transport Services (JBHT) 0.0 $999.950000 35.00 28.57
J.C. Penney Company 0.0 $999.900000 22.00 45.45
Kraft Foods 0.0 $5.0k 156.00 32.05
Mattel (MAT) 0.0 $1.0k 42.00 23.81
MeadWestva 0.0 $1.0k 42.00 23.81
Microchip Technology (MCHP) 0.0 $1.0k 32.00 31.25
NVIDIA Corporation (NVDA) 0.0 $2.0k 57.00 35.09
Nucor Corporation (NUE) 0.0 $2.0k 28.00 71.43
Pharmaceutical Product Development 0.0 $1.0k 23.00 43.48
Pitney Bowes (PBI) 0.0 $2.0k 39.00 51.28
R.R. Donnelley & Sons Company 0.0 $1.0k 15.00 66.67
Snap-on Incorporated (SNA) 0.0 $1.0k 27.00 37.04
SYSCO Corporation (SYY) 0.0 $2.0k 44.00 45.45
Travelers Companies (TRV) 0.0 $6.0k 111.00 54.05
Union Pacific Corporation (UNP) 0.0 $999.990000 9.00 111.11
Adobe Systems Incorporated (ADBE) 0.0 $2.0k 49.00 40.82
Molson Coors Brewing Company (TAP) 0.0 $2.0k 20.00 100.00
AFLAC Incorporated (AFL) 0.0 $4.0k 78.00 51.28
Best Buy (BBY) 0.0 $2.0k 46.00 43.48
Black & Decker Corporation 0.0 $1.0k 8.00 125.00
Suno 0.0 $1.0k 16.00 62.50
C.R. Bard 0.0 $1.0k 8.00 125.00
Harley-Davidson (HOG) 0.0 $2.0k 49.00 40.82
Johnson Controls 0.0 $2.0k 20.00 100.00
Verisign (VRSN) 0.0 $2.0k 47.00 42.55
Beckman Coulter 0.0 $1.0k 15.00 66.67
Morgan Stanley (MS) 0.0 $4.0k 56.00 71.43
Progress Energy 0.0 $1.0k 20.00 50.00
Affymetrix 0.0 $1.0k 37.00 27.03
Allied Waste Industries 0.0 $999.960000 78.00 12.82
Western Digital (WDC) 0.0 $999.920000 58.00 17.24
Laboratory Corp. of America Holdings (LH) 0.0 $1.0k 14.00 71.43
Bea Systems 0.0 $999.630000 87.00 11.49
Darden Restaurants (DRI) 0.0 $999.900000 30.00 33.33
E.I. du Pont de Nemours & Company 0.0 $2.0k 42.00 47.62
Emerson Electric (EMR) 0.0 $5.0k 86.00 58.14
Network Appliance 0.0 $1.0k 23.00 43.48
Rohm & Haas 0.0 $1.0k 20.00 50.00
Rent-A-Center (UPBD) 0.0 $999.940000 34.00 29.41
Safeway 0.0 $999.940000 17.00 58.82
Lubrizol Corporation 0.0 $2.0k 24.00 83.33
National-Oilwell Var 0.0 $5.0k 38.00 131.58
Lamar Advertising Company 0.0 $1.0k 16.00 62.50
MDU Resources (MDU) 0.0 $1.0k 36.00 27.78
Herman Miller (MLKN) 0.0 $1.0k 25.00 40.00
Cadence Design Systems (CDNS) 0.0 $999.900000 45.00 22.22
A.g. Edwards 0.0 $2.0k 25.00 80.00
Men's Wearhouse 0.0 $1.0k 10.00 100.00
Safeco Corp. 0.0 $1.0k 11.00 90.91
Waters Corporation (WAT) 0.0 $999.960000 13.00 76.92
CVS Caremark Corporation (CVS) 0.0 $7.0k 183.00 38.25
Campbell Soup Company (CPB) 0.0 $2.0k 53.00 37.74
Newfield Exploration 0.0 $1.0k 31.00 32.26
Lincare Holdings 0.0 $1.0k 20.00 50.00
Becton, Dickinson and (BDX) 0.0 $999.940000 17.00 58.82
Sonic Corporation 0.0 $999.960000 39.00 25.64
RadioShack Corporation 0.0 $1.0k 54.00 18.52
Air Products & Chemicals (APD) 0.0 $2.0k 17.00 117.65
McKesson Corporation (MCK) 0.0 $2.0k 38.00 52.63
PerkinElmer (RVTY) 0.0 $999.950000 35.00 28.57
Sprint Nextel Corporation 0.0 $4.0k 197.00 20.30
Plum Creek Timber 0.0 $999.900000 22.00 45.45
Arrow Electronics (ARW) 0.0 $1.0k 16.00 62.50
Avnet (AVT) 0.0 $2.0k 50.00 40.00
Convergys Corporation 0.0 $1.0k 62.00 16.13
Williams-Sonoma (WSM) 0.0 $1.0k 21.00 47.62
Alcoa 0.0 $3.0k 65.00 46.15
Allergan 0.0 $2.0k 30.00 66.67
Allstate Corporation (ALL) 0.0 $999.900000 22.00 45.45
Amgen (AMGN) 0.0 $3.0k 60.00 50.00
BB&T Corporation 0.0 $1.0k 32.00 31.25
Capital One Financial (COF) 0.0 $2.0k 31.00 64.52
Colgate-Palmolive Company (CL) 0.0 $6.0k 84.00 71.43
ConocoPhillips (COP) 0.0 $7.0k 76.00 92.11
Deere & Company (DE) 0.0 $3.0k 21.00 142.86
eBay (EBAY) 0.0 $2.0k 57.00 35.09
Halliburton Company (HAL) 0.0 $999.900000 30.00 33.33
Hess (HES) 0.0 $999.940000 17.00 58.82
Nike (NKE) 0.0 $1.0k 10.00 100.00
Occidental Petroleum Corporation (OXY) 0.0 $1.0k 20.00 50.00
Praxair 0.0 $2.0k 23.00 86.96
Schlumberger (SLB) 0.0 $4.0k 42.00 95.24
Sigma-Aldrich Corporation 0.0 $2.0k 40.00 50.00
Symantec Corporation 0.0 $999.960000 39.00 25.64
Target Corporation (TGT) 0.0 $5.0k 83.00 60.24
Texas Instruments Incorporated (TXN) 0.0 $7.0k 181.00 38.67
UnitedHealth (UNH) 0.0 $6.0k 127.00 47.24
Walgreen Company 0.0 $5.0k 109.00 45.87
WellPoint 0.0 $999.960000 12.00 83.33
Wisconsin Energy Corporation 0.0 $2.0k 35.00 57.14
Xerox Corporation 0.0 $1.0k 77.00 12.99
Gap (GPS) 0.0 $3.0k 143.00 20.98
Qualcomm (QCOM) 0.0 $7.0k 170.00 41.18
Biogen Idec (BIIB) 0.0 $2.0k 27.00 74.07
Federal National Mortgage Association (FNMA) 0.0 $6.0k 103.00 58.25
Danaher Corporation (DHR) 0.0 $1.0k 14.00 71.43
Electronic Data Systems Corp 0.0 $1.0k 43.00 23.26
Staples 0.0 $3.0k 128.00 23.44
Williams Companies (WMB) 0.0 $2.0k 60.00 33.33
Dell 0.0 $4.0k 146.00 27.40
Gilead Sciences (GILD) 0.0 $4.0k 100.00 40.00
Mbia (MBI) 0.0 $999.990000 9.00 111.11
Tribune 0.0 $1.0k 27.00 37.04
Smith International 0.0 $2.0k 32.00 62.50
Sovereign Bancorp 0.0 $999.990000 41.00 24.39
EMC Corporation 0.0 $5.0k 217.00 23.04
Lexmark International 0.0 $1.0k 18.00 55.56
Wilmington Trust Corporation 0.0 $999.970000 19.00 52.63
Illinois Tool Works (ITW) 0.0 $2.0k 34.00 58.82
Wrigley 0.0 $1.0k 16.00 62.50
Federal Home Loan Mortgage (FMCC) 0.0 $6.0k 96.00 62.50
Whole Foods Market 0.0 $1.0k 16.00 62.50
EOG Resources (EOG) 0.0 $1.0k 18.00 55.56
Lowe's Companies (LOW) 0.0 $3.0k 108.00 27.78
Marriott International (MAR) 0.0 $999.970000 19.00 52.63
Clorox Company (CLX) 0.0 $2.0k 34.00 58.82
Wesco Financial Corporation 0.0 $2.0k 5.00 400.00
Fifth Third Ban (FITB) 0.0 $1.0k 18.00 55.56
Coventry Health Care 0.0 $1.0k 15.00 66.67
Ceridian Corp. 0.0 $1.0k 23.00 43.48
Kellogg Company (K) 0.0 $3.0k 48.00 62.50
Advance Auto Parts (AAP) 0.0 $1.0k 20.00 50.00
AutoZone (AZO) 0.0 $1.0k 7.00 142.86
Telephone & Data Systems 0.0 $2.0k 26.00 76.92
AvalonBay Communities (AVB) 0.0 $1.0k 8.00 125.00
Vornado Realty Trust (VNO) 0.0 $2.0k 16.00 125.00
ConAgra Foods (CAG) 0.0 $999.960000 39.00 25.64
Patterson-UTI Energy (PTEN) 0.0 $1.0k 31.00 32.26
PPL Corporation (PPL) 0.0 $999.900000 30.00 33.33
Sybase 0.0 $1.0k 38.00 26.32
Alliance Data Systems Corporation (BFH) 0.0 $1.0k 18.00 55.56
Applied Materials (AMAT) 0.0 $5.0k 257.00 19.46
C.H. Robinson Worldwide (CHRW) 0.0 $1.0k 18.00 55.56
Oracle Corporation (ORCL) 0.0 $2.0k 74.00 27.03
Pioneer Natural Resources (PXD) 0.0 $1.0k 25.00 40.00
Robert Half International (RHI) 0.0 $1.0k 23.00 43.48
Roper Industries (ROP) 0.0 $1.0k 18.00 55.56
Varian Medical Systems 0.0 $1.0k 23.00 43.48
Gra (GGG) 0.0 $999.960000 26.00 38.46
Genzyme Corporation 0.0 $999.970000 19.00 52.63
Bear Stearns Companies 0.0 $1.0k 7.00 142.86
Commerce Bancorp 0.0 $1.0k 32.00 31.25
Forest Laboratories 0.0 $2.0k 61.00 32.79
HCC Insurance Holdings 0.0 $1.0k 25.00 40.00
Zimmer Holdings (ZBH) 0.0 $5.0k 56.00 89.29
Choicepoint 0.0 $1.0k 18.00 55.56
Choice Hotels International (CHH) 0.0 $1.0k 18.00 55.56
Cytyc Corp 0.0 $2.0k 42.00 47.62
Amphenol Corporation (APH) 0.0 $2.0k 44.00 45.45
CONSOL Energy 0.0 $2.0k 33.00 60.61
AnnTaylor Stores 0.0 $1.0k 23.00 43.48
Barnes & Noble 0.0 $999.970000 19.00 52.63
salesforce (CRM) 0.0 $1.0k 18.00 55.56
Edison International (EIX) 0.0 $999.960000 26.00 38.46
Health Net 0.0 $999.940000 17.00 58.82
Humana (HUM) 0.0 $999.960000 13.00 76.92
Key (KEY) 0.0 $1.0k 38.00 26.32
Ingram Micro 0.0 $1.0k 42.00 23.81
National Semiconductor Corporation 0.0 $1.0k 37.00 27.03
Spartan Motors 0.0 $999.900000 45.00 22.22
Allegheny Energy 0.0 $999.970000 19.00 52.63
Commerce Bancshares (CBSH) 0.0 $1.0k 15.00 66.67
CenterPoint Energy (CNP) 0.0 $999.700000 65.00 15.38
Copa Holdings Sa-class A (CPA) 0.0 $1.0k 25.00 40.00
Developers Diversified Realty 0.0 $1.0k 15.00 66.67
Quest Diagnostics Incorporated (DGX) 0.0 $2.0k 26.00 76.92
DTE Energy Company (DTE) 0.0 $1.0k 20.00 50.00
Essex Property Trust (ESS) 0.0 $1.0k 8.00 125.00
Questar Corporation 0.0 $2.0k 36.00 55.56
Terex Corporation (TEX) 0.0 $999.960000 13.00 76.92
Textron (TXT) 0.0 $2.0k 40.00 50.00
Alliant Techsystems 0.0 $1.0k 11.00 90.91
Celgene Corporation 0.0 $2.0k 30.00 66.67
Energen Corporation 0.0 $1.0k 16.00 62.50
Tennant Company (TNC) 0.0 $999.960000 12.00 83.33
United States Steel Corporation (X) 0.0 $2.0k 15.00 133.33
F5 Networks (FFIV) 0.0 $999.960000 26.00 38.46
Nstar 0.0 $999.920000 29.00 34.48
Piedmont Natural Gas Company 0.0 $999.950000 35.00 28.57
Rockwell Automation (ROK) 0.0 $999.990000 9.00 111.11
Albemarle Corporation (ALB) 0.0 $2.0k 38.00 52.63
Ametek (AME) 0.0 $999.880000 28.00 35.71
Novell 0.0 $1.0k 152.00 6.58
Reliant Energy Inc Com Stk 0.0 $2.0k 81.00 24.69
Allegheny Technologies Incorporated (ATI) 0.0 $2.0k 16.00 125.00
Cameron International Corporation 0.0 $4.0k 38.00 105.26
Applera Corp Com Shs Applied 0.0 $1.0k 40.00 25.00
Pepsiamericas 0.0 $1.0k 21.00 47.62
Cdw Corp 0.0 $1.0k 7.00 142.86
Vectren Corporation 0.0 $1.0k 32.00 31.25