Cornerstone Advisors

Cornerstone Advisors as of June 30, 2006

Portfolio Holdings for Cornerstone Advisors

Cornerstone Advisors holds 299 positions in its portfolio as reported in the June 2006 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 1000 Index (IWB) 27.8 $29M 422k 69.10
iShares S&P 100 Index (OEF) 23.8 $25M 429k 58.04
iShares Russell 2000 Index (IWM) 16.5 $17M 241k 71.73
Bemis Company 11.3 $12M 386k 30.62
Nordstrom (JWN) 11.2 $12M 322k 36.50
iShares Russell 1000 Value Index (IWD) 2.6 $2.7M 37k 73.12
iShares Russell 2000 Value Index (IWN) 2.0 $2.0M 28k 72.37
iShares Russell 1000 Growth Index (IWF) 1.5 $1.5M 30k 50.58
Microsoft Corporation (MSFT) 0.8 $803k 35k 23.31
Starbucks Corporation (SBUX) 0.7 $745k 20k 37.76
iShares Russell 3000 Index (IWV) 0.5 $560k 7.6k 73.75
iShares MSCI EAFE Index Fund (EFA) 0.1 $157k 2.4k 65.55
General Electric Company 0.1 $129k 3.9k 32.88
Boeing Company (BA) 0.1 $103k 1.3k 82.27
Waste Management (WM) 0.1 $80k 1.8k 45.43
Exxon Mobil Corporation (XOM) 0.0 $30k 484.00 61.98
Verizon Communications (VZ) 0.0 $27k 820.00 32.93
Google 0.0 $35k 84.00 416.67
JPMorgan Chase & Co. (JPM) 0.0 $21k 491.00 42.77
Costco Wholesale Corporation (COST) 0.0 $26k 458.00 56.77
Johnson & Johnson (JNJ) 0.0 $25k 410.00 60.98
Cisco Systems (CSCO) 0.0 $16k 820.00 19.51
General Motors Corp 0.0 $20k 663.00 30.17
Kroger (KR) 0.0 $23k 1.1k 21.86
Procter & Gamble Company (PG) 0.0 $17k 307.00 55.37
Encana Corp 0.0 $18k 350.00 51.43
First Cash Financial Services 0.0 $24k 1.2k 20.00
iShares MSCI Emerging Markets Indx (EEM) 0.0 $8.0k 90.00 88.89
American Express Company (AXP) 0.0 $7.0k 126.00 55.56
Bank of America Corporation (BAC) 0.0 $11k 224.00 49.11
Coca-Cola Company (KO) 0.0 $11k 252.00 43.65
Wal-Mart Stores (WMT) 0.0 $6.0k 134.00 44.78
Home Depot (HD) 0.0 $10k 287.00 34.84
Pfizer (PFE) 0.0 $8.0k 341.00 23.46
Walt Disney Company (DIS) 0.0 $9.0k 300.00 30.00
Norfolk Southern (NSC) 0.0 $6.0k 117.00 51.28
Chevron Corporation (CVX) 0.0 $8.0k 127.00 62.99
United Parcel Service (UPS) 0.0 $7.0k 83.00 84.34
3M Company (MMM) 0.0 $6.0k 78.00 76.92
At&t (T) 0.0 $14k 495.00 28.28
Wells Fargo & Company (WFC) 0.0 $14k 207.00 67.63
Intel Corporation (INTC) 0.0 $12k 653.00 18.38
Medtronic 0.0 $7.0k 142.00 49.30
Altria (MO) 0.0 $8.0k 106.00 75.47
Amgen (AMGN) 0.0 $11k 167.00 65.87
Colgate-Palmolive Company (CL) 0.0 $6.0k 108.00 55.56
Hewlett-Packard Company 0.0 $12k 381.00 31.50
Pepsi (PEP) 0.0 $13k 217.00 59.91
Texas Instruments Incorporated (TXN) 0.0 $7.0k 221.00 31.67
Qualcomm (QCOM) 0.0 $9.0k 236.00 38.14
Wachovia Corp 0.0 $14k 255.00 54.90
St Paul Travelers Cos 0.0 $7.0k 152.00 46.05
Federal Home Loan Mortgage (FMCC) 0.0 $7.0k 127.00 55.12
iShares Russell Midcap Value Index (IWS) 0.0 $7.0k 50.00 140.00
Chubb Corporation 0.0 $2.0k 49.00 40.82
Comcast Corporation (CMCSA) 0.0 $4.0k 108.00 37.04
NRG Energy (NRG) 0.0 $999.960000 26.00 38.46
Boyd Gaming Corporation (BYD) 0.0 $1.0k 18.00 55.56
Genworth Financial (GNW) 0.0 $2.0k 67.00 29.85
Goldman Sachs (GS) 0.0 $4.0k 25.00 160.00
Progressive Corporation (PGR) 0.0 $3.0k 98.00 30.61
Charles Schwab Corporation (SCHW) 0.0 $5.0k 285.00 17.54
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
PNC Financial Services (PNC) 0.0 $2.0k 23.00 86.96
Lincoln National Corporation (LNC) 0.0 $1.0k 11.00 90.91
MGIC Investment (MTG) 0.0 $1.0k 18.00 55.56
Ameriprise Financial (AMP) 0.0 $2.0k 40.00 50.00
Northern Trust Corporation (NTRS) 0.0 $1.0k 15.00 66.67
DST Systems 0.0 $1.0k 14.00 71.43
SEI Investments Company (SEIC) 0.0 $1.0k 20.00 50.00
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 $1.0k 37.00 27.03
Devon Energy Corporation (DVN) 0.0 $2.0k 38.00 52.63
Eastman Kodak Company 0.0 $999.900000 30.00 33.33
Ecolab (ECL) 0.0 $1.0k 24.00 41.67
FedEx Corporation (FDX) 0.0 $2.0k 14.00 142.86
M&T Bank Corporation (MTB) 0.0 $2.0k 18.00 111.11
McDonald's Corporation (MCD) 0.0 $3.0k 89.00 33.71
Range Resources (RRC) 0.0 $999.950000 35.00 28.57
Republic Services (RSG) 0.0 $1.0k 21.00 47.62
Xto Energy 0.0 $1.0k 27.00 37.04
Peabody Energy Corporation 0.0 $2.0k 27.00 74.07
Abbott Laboratories (ABT) 0.0 $4.0k 101.00 39.60
Baxter International (BAX) 0.0 $2.0k 41.00 48.78
Eli Lilly & Co. (LLY) 0.0 $2.0k 41.00 48.78
American Intl Group 0.0 $3.0k 49.00 61.22
Great Plains Energy Incorporated 0.0 $999.920000 29.00 34.48
Centex Corp 0.0 $1.0k 10.00 100.00
Pulte (PHM) 0.0 $1.0k 20.00 50.00
FirstEnergy (FE) 0.0 $3.0k 52.00 57.69
Bristol Myers Squibb (BMY) 0.0 $3.0k 108.00 27.78
Apache Corporation 0.0 $1.0k 21.00 47.62
BMC Software 0.0 $2.0k 63.00 31.75
Coach 0.0 $1.0k 23.00 43.48
Cummins (CMI) 0.0 $2.0k 19.00 105.26
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 $2.0k 21.00 95.24
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
Kimberly-Clark Corporation (KMB) 0.0 $3.0k 52.00 57.69
Mattel (MAT) 0.0 $1.0k 42.00 23.81
MeadWestva 0.0 $3.0k 105.00 28.57
Microchip Technology (MCHP) 0.0 $1.0k 32.00 31.25
Molex Incorporated 0.0 $2.0k 56.00 35.71
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
Snap-on Incorporated (SNA) 0.0 $1.0k 27.00 37.04
SYSCO Corporation (SYY) 0.0 $1.0k 44.00 22.73
McGraw-Hill Companies 0.0 $1.0k 16.00 62.50
Union Pacific Corporation (UNP) 0.0 $3.0k 31.00 96.77
Adobe Systems Incorporated (ADBE) 0.0 $1.0k 49.00 20.41
Molson Coors Brewing Company (TAP) 0.0 $1.0k 20.00 50.00
AFLAC Incorporated (AFL) 0.0 $2.0k 42.00 47.62
Best Buy (BBY) 0.0 $4.0k 78.00 51.28
Black & Decker Corporation 0.0 $2.0k 24.00 83.33
Suno 0.0 $1.0k 16.00 62.50
Boston Scientific Corporation (BSX) 0.0 $3.0k 171.00 17.54
C.R. Bard 0.0 $1.0k 8.00 125.00
Johnson Controls 0.0 $2.0k 20.00 100.00
Verisign (VRSN) 0.0 $1.0k 47.00 21.28
Beckman Coulter 0.0 $1.0k 15.00 66.67
Morgan Stanley (MS) 0.0 $5.0k 79.00 63.29
Cabot Corporation (CBT) 0.0 $999.920000 29.00 34.48
Progress Energy 0.0 $1.0k 20.00 50.00
Affymetrix 0.0 $999.960000 26.00 38.46
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
Emerson Electric (EMR) 0.0 $4.0k 43.00 93.02
Rohm & Haas 0.0 $1.0k 20.00 50.00
Analog Devices (ADI) 0.0 $1.0k 42.00 23.81
Rent-A-Center (UPBD) 0.0 $999.940000 34.00 29.41
Xilinx 0.0 $1.0k 32.00 31.25
Mellon Financial Corp. 0.0 $2.0k 49.00 40.82
Lubrizol Corporation 0.0 $1.0k 24.00 41.67
Tellabs 0.0 $1.0k 92.00 10.87
Masco Corporation (MAS) 0.0 $999.900000 30.00 33.33
National-Oilwell Var 0.0 $1.0k 21.00 47.62
Lamar Advertising Company 0.0 $1.0k 16.00 62.50
MDU Resources (MDU) 0.0 $1.0k 24.00 41.67
Herman Miller (MLKN) 0.0 $1.0k 25.00 40.00
Cadence Design Systems (CDNS) 0.0 $999.900000 45.00 22.22
Omnicare 0.0 $1.0k 14.00 71.43
A.g. Edwards 0.0 $1.0k 25.00 40.00
Men's Wearhouse 0.0 $999.900000 33.00 30.30
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 $2.0k 52.00 38.46
Campbell Soup Company (CPB) 0.0 $2.0k 53.00 37.74
Newfield Exploration 0.0 $2.0k 44.00 45.45
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 43.00 23.26
Air Products & Chemicals (APD) 0.0 $999.940000 17.00 58.82
McKesson Corporation (MCK) 0.0 $2.0k 38.00 52.63
Goodyear Tire & Rubber Company (GT) 0.0 $2.0k 149.00 13.42
PerkinElmer (RVTY) 0.0 $999.950000 35.00 28.57
Sprint Nextel Corporation 0.0 $5.0k 268.00 18.66
NiSource (NI) 0.0 $1.0k 23.00 43.48
Plum Creek Timber 0.0 $999.900000 22.00 45.45
Arrow Electronics (ARW) 0.0 $1.0k 16.00 62.50
Convergys Corporation 0.0 $1.0k 62.00 16.13
Williams-Sonoma (WSM) 0.0 $1.0k 21.00 47.62
Allergan 0.0 $1.0k 5.00 200.00
Anadarko Petroleum Corporation 0.0 $2.0k 42.00 47.62
Apple (AAPL) 0.0 $4.0k 72.00 55.56
BB&T Corporation 0.0 $1.0k 32.00 31.25
Capital One Financial (COF) 0.0 $2.0k 18.00 111.11
ConocoPhillips (COP) 0.0 $5.0k 76.00 65.79
eBay (EBAY) 0.0 $999.900000 33.00 30.30
Halliburton Company (HAL) 0.0 $3.0k 39.00 76.92
Hess (HES) 0.0 $2.0k 39.00 51.28
Marsh & McLennan Companies (MMC) 0.0 $1.0k 38.00 26.32
Praxair 0.0 $1.0k 23.00 43.48
Sigma-Aldrich Corporation 0.0 $1.0k 20.00 50.00
Symantec Corporation 0.0 $2.0k 138.00 14.49
Target Corporation (TGT) 0.0 $3.0k 64.00 46.88
United Technologies Corporation 0.0 $5.0k 73.00 68.49
UnitedHealth (UNH) 0.0 $4.0k 92.00 43.48
Walgreen Company 0.0 $5.0k 109.00 45.87
WellPoint 0.0 $2.0k 33.00 60.61
Wisconsin Energy Corporation 0.0 $999.950000 35.00 28.57
Xerox Corporation 0.0 $1.0k 77.00 12.99
American Electric Power Company (AEP) 0.0 $2.0k 69.00 28.99
Gap (GPS) 0.0 $2.0k 129.00 15.50
Federal National Mortgage Association (FNMA) 0.0 $3.0k 61.00 49.18
Danaher Corporation (DHR) 0.0 $3.0k 46.00 65.22
Electronic Data Systems Corp 0.0 $1.0k 43.00 23.26
Linear Technology Corporation 0.0 $999.900000 33.00 30.30
Staples 0.0 $3.0k 128.00 23.44
Williams Companies (WMB) 0.0 $1.0k 60.00 16.67
Dell 0.0 $2.0k 87.00 22.99
Gilead Sciences (GILD) 0.0 $1.0k 16.00 62.50
Mbia (MBI) 0.0 $999.990000 9.00 111.11
Sun Microsystems 0.0 $2.0k 413.00 4.84
Smith International 0.0 $2.0k 53.00 37.74
Sovereign Bancorp 0.0 $3.0k 125.00 24.00
EMC Corporation 0.0 $2.0k 217.00 9.22
Lexmark International 0.0 $1.0k 23.00 43.48
Wilmington Trust Corporation 0.0 $999.970000 19.00 52.63
Biomet 0.0 $1.0k 32.00 31.25
Illinois Tool Works (ITW) 0.0 $2.0k 34.00 58.82
Wrigley 0.0 $1.0k 16.00 62.50
Whole Foods Market 0.0 $2.0k 32.00 62.50
EOG Resources (EOG) 0.0 $1.0k 18.00 55.56
Lowe's Companies (LOW) 0.0 $4.0k 73.00 54.79
Marriott International (MAR) 0.0 $2.0k 56.00 35.71
Clorox Company (CLX) 0.0 $2.0k 34.00 58.82
Wesco Financial Corporation 0.0 $2.0k 5.00 400.00
Merrill Lynch & Co. 0.0 $5.0k 68.00 73.53
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 $2.0k 48.00 41.67
Toll Brothers (TOL) 0.0 $999.960000 26.00 38.46
D.R. Horton (DHI) 0.0 $3.0k 119.00 25.21
Advance Auto Parts (AAP) 0.0 $1.0k 20.00 50.00
AutoZone (AZO) 0.0 $1.0k 7.00 142.86
Corporate Executive Board Company 0.0 $1.0k 8.00 125.00
AvalonBay Communities (AVB) 0.0 $2.0k 22.00 90.91
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 291.00 17.18
C.H. Robinson Worldwide (CHRW) 0.0 $1.0k 18.00 55.56
Oracle Corporation (ORCL) 0.0 $2.0k 134.00 14.93
Pioneer Natural Resources (PXD) 0.0 $1.0k 25.00 40.00
Robert Half International (RHI) 0.0 $999.920000 29.00 34.48
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 $1.0k 20.00 50.00
Genzyme Corporation 0.0 $999.970000 19.00 52.63
Bear Stearns Companies 0.0 $3.0k 18.00 166.67
Commerce Bancorp 0.0 $1.0k 32.00 31.25
Amazon (AMZN) 0.0 $999.900000 33.00 30.30
Forest Laboratories 0.0 $3.0k 68.00 44.12
HCC Insurance Holdings 0.0 $1.0k 25.00 40.00
Zimmer Holdings (ZBH) 0.0 $1.0k 24.00 41.67
New York Times Company (NYT) 0.0 $1.0k 46.00 21.74
National City Corp. 0.0 $2.0k 50.00 40.00
Choicepoint 0.0 $1.0k 18.00 55.56
Choice Hotels International (CHH) 0.0 $1.0k 18.00 55.56
Philadelphia Cons Hldg Corp 0.0 $1.0k 32.00 31.25
Yahoo! 0.0 $3.0k 92.00 32.61
Checkfree Corp 0.0 $1.0k 23.00 43.48
Cytyc Corp 0.0 $1.0k 42.00 23.81
Advanced Micro Devices (AMD) 0.0 $1.0k 31.00 32.26
AnnTaylor Stores 0.0 $1.0k 23.00 43.48
Barnes & Noble 0.0 $999.970000 19.00 52.63
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
Timberland Company 0.0 $999.900000 30.00 33.33
Ingram Micro 0.0 $1.0k 42.00 23.81
National Semiconductor Corporation 0.0 $1.0k 37.00 27.03
Allegheny Energy 0.0 $1.0k 40.00 25.00
Cheesecake Factory Incorporated (CAKE) 0.0 $1.0k 23.00 43.48
Commerce Bancshares (CBSH) 0.0 $1.0k 16.00 62.50
CenterPoint Energy (CNP) 0.0 $999.700000 65.00 15.38
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
Southwest Airlines (LUV) 0.0 $2.0k 94.00 21.28
Questar Corporation 0.0 $1.0k 18.00 55.56
Terex Corporation (TEX) 0.0 $1.0k 14.00 71.43
Alliant Techsystems 0.0 $1.0k 11.00 90.91
Celgene Corporation 0.0 $2.0k 47.00 42.55
Panera Bread Company 0.0 $999.960000 12.00 83.33
QLogic Corporation 0.0 $1.0k 42.00 23.81
SanDisk Corporation 0.0 $1.0k 20.00 50.00
United States Steel Corporation (X) 0.0 $1.0k 15.00 66.67
F5 Networks (FFIV) 0.0 $999.960000 13.00 76.92
Nstar 0.0 $999.920000 29.00 34.48
Novellus Systems 0.0 $1.0k 50.00 20.00
Piedmont Natural Gas Company 0.0 $999.950000 35.00 28.57
St. Jude Medical 0.0 $2.0k 64.00 31.25
Yrc Worldwide 0.0 $1.0k 18.00 55.56
Albemarle Corporation (ALB) 0.0 $999.970000 19.00 52.63
Ametek (AME) 0.0 $999.970000 19.00 52.63
Novell 0.0 $1.0k 152.00 6.58
Reliant Energy Inc Com Stk 0.0 $1.0k 81.00 12.35
Allegheny Technologies Incorporated (ATI) 0.0 $1.0k 16.00 62.50
Cameron International Corporation 0.0 $2.0k 38.00 52.63
Applera Corp Com Shs Applied 0.0 $1.0k 40.00 25.00
Vectren Corporation 0.0 $1.0k 32.00 31.25