Cornerstone Advisors

Cornerstone Advisors as of Dec. 31, 2007

Portfolio Holdings for Cornerstone Advisors

Cornerstone Advisors holds 315 positions in its portfolio as reported in the December 2007 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 1000 Index (IWB) 59.4 $79M 993k 79.60
iShares Russell 2000 Index (IWM) 13.7 $18M 240k 75.92
Nordstrom 9.0 $12M 325k 36.73
Bemis Company 7.1 $9.4M 344k 27.38
Microsoft Corporation (MSFT) 1.2 $1.5M 43k 35.59
iShares Russell 1000 Value Index (IWD) 1.0 $1.3M 16k 80.26
iShares Russell 1000 Growth Index (IWF) 0.9 $1.2M 20k 60.78
iShares Russell 3000 Index (IWV) 0.9 $1.2M 14k 84.42
Wal-Mart Stores (WMT) 0.5 $619k 13k 47.51
At&t (T) 0.4 $583k 14k 41.54
iShares S&P 100 Index (OEF) 0.4 $575k 8.4k 68.75
Altria (MO) 0.3 $409k 5.4k 75.49
Starbucks Corporation (SBUX) 0.3 $404k 20k 20.48
Exxon Mobil Corporation (XOM) 0.2 $287k 3.1k 93.55
Procter & Gamble Company (PG) 0.2 $244k 3.3k 73.41
iShares MSCI EAFE Index Fund (EFA) 0.2 $244k 3.1k 78.66
Emerson Electric (EMR) 0.2 $232k 4.1k 56.78
Avnet (AVT) 0.2 $229k 6.6k 34.96
3M Company (MMM) 0.2 $217k 2.6k 84.21
Intel Corporation (INTC) 0.1 $194k 7.3k 26.73
Medtronic 0.1 $205k 4.1k 50.32
Schlumberger (SLB) 0.1 $199k 2.0k 98.47
Noble Energy 0.1 $191k 2.4k 79.42
NiSource (NI) 0.1 $189k 10k 18.88
Abbott Laboratories (ABT) 0.1 $173k 3.1k 56.10
Baxter International (BAX) 0.1 $177k 3.0k 58.20
Bristol Myers Squibb (BMY) 0.1 $171k 6.4k 26.58
Hewlett-Packard Company 0.1 $167k 3.3k 50.56
McDonald's Corporation (MCD) 0.1 $160k 2.7k 58.95
Johnson & Johnson (JNJ) 0.1 $159k 2.4k 66.86
Coca-Cola Company (KO) 0.1 $149k 2.4k 61.27
Bank of America Corporation (BAC) 0.1 $130k 3.1k 41.41
Cisco Systems (CSCO) 0.1 $120k 4.4k 27.01
Apple (AAPL) 0.1 $117k 592.00 197.64
Colgate-Palmolive Company (CL) 0.1 $123k 1.6k 77.65
Protective Life 0.1 $123k 3.0k 41.00
American Intl Group 0.1 $113k 1.9k 58.55
Chevron Corporation (CVX) 0.1 $102k 1.1k 93.49
Duke Energy Corporation 0.1 $101k 5.0k 20.20
General Electric Company 0.1 $108k 2.9k 37.05
Boeing Company (BA) 0.1 $109k 1.2k 87.83
Pepsi (PEP) 0.1 $106k 1.4k 75.66
Federal National Mortgage Association (FNMA) 0.1 $104k 2.6k 40.00
Illinois Tool Works (ITW) 0.1 $109k 2.0k 53.59
Ipath Dow Jones-aig Commodity (DJP) 0.1 $103k 1.8k 56.25
Sara Lee 0.1 $94k 5.9k 16.07
Macy's (M) 0.1 $79k 3.1k 25.85
Walgreen Company 0.1 $80k 2.1k 38.08
Gannett 0.1 $78k 2.0k 39.00
Hormel Foods Corporation (HRL) 0.1 $81k 2.0k 40.50
Waste Management (WM) 0.1 $64k 4.7k 13.51
Sherwin-Williams Company (SHW) 0.1 $70k 1.2k 58.33
Google 0.1 $60k 87.00 689.66
BP (BP) 0.0 $37k 500.00 74.00
Verizon Communications (VZ) 0.0 $39k 901.00 43.29
EMC Corporation 0.0 $41k 2.2k 18.49
JPMorgan Chase & Co. (JPM) 0.0 $20k 460.00 43.48
Costco Wholesale Corporation (COST) 0.0 $30k 432.00 69.44
Raytheon Company 0.0 $30k 500.00 60.00
Encana Corp 0.0 $24k 350.00 68.57
iShares Lehman Aggregate Bond (AGG) 0.0 $27k 262.00 103.05
iShares Russell Midcap Value Index (IWS) 0.0 $22k 155.00 141.94
iShares MSCI Emerging Markets Indx (EEM) 0.0 $14k 90.00 155.56
Eastman Kodak Company 0.0 $13k 580.00 22.41
Walt Disney Company (DIS) 0.0 $10k 300.00 33.33
NVIDIA Corporation (NVDA) 0.0 $19k 557.00 34.11
Wells Fargo & Company (WFC) 0.0 $15k 494.00 30.36
General Motors Corp 0.0 $17k 696.00 24.43
CVS Caremark Corporation (CVS) 0.0 $7.0k 183.00 38.25
ConocoPhillips (COP) 0.0 $7.0k 76.00 92.11
UnitedHealth (UNH) 0.0 $7.0k 114.00 61.40
Qualcomm (QCOM) 0.0 $8.0k 201.00 39.80
Amazon (AMZN) 0.0 $12k 133.00 90.23
Intuit (INTU) 0.0 $19k 600.00 31.67
First Cash Financial Services 0.0 $18k 1.2k 15.00
Chubb Corporation 0.0 $2.0k 39.00 51.28
Comcast Corporation (CMCSA) 0.0 $999.960000 52.00 19.23
NRG Energy (NRG) 0.0 $1.0k 24.00 41.67
Time Warner Cable Inc cl a 0.0 $999.840000 48.00 20.83
CTC Media 0.0 $2.0k 55.00 36.36
Idearc 0.0 $999.920000 29.00 34.48
Corning Incorporated (GLW) 0.0 $999.780000 57.00 17.54
Seacor Holdings 0.0 $1.0k 14.00 71.43
BlackRock 0.0 $2.0k 8.00 250.00
Cme (CME) 0.0 $3.0k 4.00 750.00
Genworth Financial (GNW) 0.0 $1.0k 53.00 18.87
Goldman Sachs (GS) 0.0 $4.0k 20.00 200.00
Progressive Corporation (PGR) 0.0 $999.960000 39.00 25.64
Charles Schwab Corporation (SCHW) 0.0 $6.0k 245.00 24.49
State Street Corporation (STT) 0.0 $3.0k 36.00 83.33
U.S. Bancorp (USB) 0.0 $6.0k 187.00 32.09
Assurant (AIZ) 0.0 $2.0k 24.00 83.33
American Express Company (AXP) 0.0 $6.0k 123.00 48.78
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 23.00 43.48
Ameriprise Financial (AMP) 0.0 $999.970000 19.00 52.63
Northern Trust Corporation (NTRS) 0.0 $3.0k 34.00 88.24
DST Systems 0.0 $1.0k 14.00 71.43
SEI Investments Company (SEIC) 0.0 $1.0k 40.00 25.00
Suntrust Banks Inc $1.00 Par Cmn 0.0 $1.0k 20.00 50.00
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
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 $2.0k 26.00 76.92
M&T Bank Corporation (MTB) 0.0 $3.0k 34.00 88.24
Range Resources (RRC) 0.0 $2.0k 35.00 57.14
Republic Services (RSG) 0.0 $999.900000 30.00 33.33
Xto Energy 0.0 $2.0k 32.00 62.50
Coca-Cola Enterprises 0.0 $1.0k 56.00 17.86
Home Depot (HD) 0.0 $3.0k 98.00 30.61
Eli Lilly & Co. (LLY) 0.0 $999.940000 17.00 58.82
Pfizer (PFE) 0.0 $3.0k 125.00 24.00
Norfolk Southern (NSC) 0.0 $4.0k 88.00 45.45
Great Plains Energy Incorporated 0.0 $999.920000 29.00 34.48
Pulte (PHM) 0.0 $1.0k 49.00 20.41
FirstEnergy (FE) 0.0 $1.0k 14.00 71.43
Cardinal Health (CAH) 0.0 $1.0k 16.00 62.50
United Parcel Service (UPS) 0.0 $6.0k 79.00 75.95
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
CarMax (KMX) 0.0 $1.0k 60.00 16.67
Carnival Corporation (CCL) 0.0 $999.880000 28.00 35.71
Coach 0.0 $2.0k 64.00 31.25
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 $4.0k 31.00 129.03
Hologic (HOLX) 0.0 $1.0k 21.00 47.62
J.B. Hunt Transport Services (JBHT) 0.0 $999.950000 35.00 28.57
J.C. Penney Company 0.0 $2.0k 53.00 37.74
Kimberly-Clark Corporation (KMB) 0.0 $4.0k 52.00 76.92
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
NYSE Euronext 0.0 $1.0k 16.00 62.50
Northrop Grumman Corporation (NOC) 0.0 $1.0k 15.00 66.67
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 $1.0k 27.00 37.04
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 $1.0k 44.00 22.73
McGraw-Hill Companies 0.0 $1.0k 16.00 62.50
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 40.00 50.00
AFLAC Incorporated (AFL) 0.0 $5.0k 78.00 64.10
Best Buy (BBY) 0.0 $4.0k 72.00 55.56
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 $1.0k 25.00 40.00
Johnson Controls 0.0 $2.0k 60.00 33.33
Tiffany & Co. 0.0 $2.0k 33.00 60.61
Verisign (VRSN) 0.0 $2.0k 47.00 42.55
Akamai Technologies (AKAM) 0.0 $1.0k 38.00 26.32
Beckman Coulter 0.0 $1.0k 15.00 66.67
Morgan Stanley (MS) 0.0 $2.0k 46.00 43.48
Progress Energy 0.0 $1.0k 20.00 50.00
Allied Waste Industries 0.0 $999.960000 78.00 12.82
Western Digital (WDC) 0.0 $2.0k 58.00 34.48
Hanesbrands (HBI) 0.0 $1.0k 46.00 21.74
Laboratory Corp. of America Holdings 0.0 $1.0k 14.00 71.43
Las Vegas Sands (LVS) 0.0 $1.0k 11.00 90.91
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
Network Appliance 0.0 $1.0k 23.00 43.48
Rohm & Haas 0.0 $1.0k 20.00 50.00
Safeway 0.0 $999.940000 17.00 58.82
Lubrizol Corporation 0.0 $1.0k 24.00 41.67
National-Oilwell Var 0.0 $6.0k 76.00 78.95
Lamar Advertising Company 0.0 $1.0k 16.00 62.50
MDU Resources (MDU) 0.0 $1.0k 36.00 27.78
Cadence Design Systems (CDNS) 0.0 $999.900000 45.00 22.22
Safeco Corp. 0.0 $1.0k 11.00 90.91
Waters Corporation (WAT) 0.0 $999.960000 13.00 76.92
Campbell Soup Company (CPB) 0.0 $2.0k 53.00 37.74
Kroger (KR) 0.0 $999.960000 52.00 19.23
Newfield Exploration 0.0 $2.0k 31.00 64.52
Aetna 0.0 $999.900000 22.00 45.45
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 $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 $1.0k 47.00 21.28
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
Alcoa 0.0 $2.0k 47.00 42.55
Allergan 0.0 $2.0k 30.00 66.67
Allstate Corporation (ALL) 0.0 $999.900000 22.00 45.45
Amgen (AMGN) 0.0 $4.0k 79.00 50.63
BB&T Corporation 0.0 $1.0k 36.00 27.78
Capital One Financial (COF) 0.0 $2.0k 35.00 57.14
Deere & Company (DE) 0.0 $4.0k 42.00 95.24
eBay (EBAY) 0.0 $2.0k 73.00 27.40
Halliburton Company (HAL) 0.0 $999.900000 30.00 33.33
Hess (HES) 0.0 $2.0k 17.00 117.65
Liberty Media 0.0 $999.810000 63.00 15.87
Marsh & McLennan Companies 0.0 $4.0k 145.00 27.59
Motorola 0.0 $1.0k 54.00 18.52
Nike (NKE) 0.0 $2.0k 30.00 66.67
Occidental Petroleum Corporation (OXY) 0.0 $2.0k 20.00 100.00
Praxair 0.0 $2.0k 23.00 86.96
Sigma-Aldrich Corporation 0.0 $2.0k 40.00 50.00
Stryker Corporation (SYK) 0.0 $1.0k 7.00 142.86
Target Corporation (TGT) 0.0 $3.0k 64.00 46.88
Texas Instruments Incorporated (TXN) 0.0 $6.0k 181.00 33.15
United Technologies Corporation 0.0 $1.0k 15.00 66.67
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
American Electric Power Company (AEP) 0.0 $1.0k 20.00 50.00
Gap (GAP) 0.0 $3.0k 143.00 20.98
Sun Microsystems 0.0 $3.0k 160.00 18.75
Agilent Technologies Inc C ommon (A) 0.0 $999.900000 33.00 30.30
Wachovia Corp 0.0 $5.0k 122.00 40.98
Biogen Idec (BIIB) 0.0 $2.0k 27.00 74.07
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 $999.790000 61.00 16.39
Williams Companies (WMB) 0.0 $2.0k 60.00 33.33
Dell 0.0 $5.0k 191.00 26.18
Gilead Sciences (GILD) 0.0 $5.0k 100.00 50.00
Smith International 0.0 $2.0k 32.00 62.50
Sovereign Bancorp 0.0 $999.750000 93.00 10.75
TJX Companies (TJX) 0.0 $2.0k 65.00 30.77
Lehman Brothers Holdings 0.0 $1.0k 21.00 47.62
Wrigley 0.0 $1.0k 16.00 62.50
Federal Home Loan Mortgage (FMCC) 0.0 $4.0k 126.00 31.75
EOG Resources (EOG) 0.0 $2.0k 18.00 111.11
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
Merrill Lynch & Co. 0.0 $5.0k 99.00 50.51
Fifth Third Ban (FITB) 0.0 $3.0k 121.00 24.79
Coventry Health Care 0.0 $1.0k 15.00 66.67
Prudential Financial (PRU) 0.0 $999.960000 13.00 76.92
Kellogg Company (K) 0.0 $3.0k 48.00 62.50
Toll Brothers (TOL) 0.0 $1.0k 59.00 16.95
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 $1.0k 16.00 62.50
ConAgra Foods (CAG) 0.0 $999.960000 39.00 25.64
Trane 0.0 $2.0k 37.00 54.05
PPL Corporation (PPL) 0.0 $2.0k 30.00 66.67
Public Service Enterprise (PEG) 0.0 $1.0k 14.00 71.43
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 0.0 $1.0k 25.00 40.00
Roper Industries (ROP) 0.0 $1.0k 18.00 55.56
Gra (GGG) 0.0 $999.960000 26.00 38.46
Genzyme Corporation 0.0 $999.970000 19.00 52.63
Synovus Financial 0.0 $999.900000 45.00 22.22
Commerce Bancorp 0.0 $1.0k 32.00 31.25
Forest Laboratories 0.0 $2.0k 61.00 32.79
Zimmer Holdings (ZBH) 0.0 $4.0k 56.00 71.43
NVR (NVR) 0.0 $1.0k 1.00 1000.00
Ventas (VTR) 0.0 $999.900000 30.00 33.33
Advanced Micro Devices (AMD) 0.0 $1.0k 67.00 14.93
Amphenol Corporation (APH) 0.0 $2.0k 44.00 45.45
CONSOL Energy 0.0 $2.0k 33.00 60.61
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 $999.880000 28.00 35.71
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 $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
Developers Diversified Realty 0.0 $1.0k 15.00 66.67
Quest Diagnostics Incorporated (DGX) 0.0 $999.960000 26.00 38.46
DTE Energy Company (DTE) 0.0 $1.0k 20.00 50.00
Essex Property Trust (ESS) 0.0 $1.0k 8.00 125.00
MetLife (MET) 0.0 $999.970000 19.00 52.63
SPX Corporation 0.0 $1.0k 5.00 200.00
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 $3.0k 40.00 75.00
Alliant Techsystems 0.0 $1.0k 11.00 90.91
Celgene Corporation 0.0 $999.900000 30.00 33.33
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 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
Whitney Holding 0.0 $1.0k 49.00 20.41
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 $1.0k 16.00 62.50
Cameron International Corporation 0.0 $3.0k 66.00 45.45
Applera Corp Com Shs Applied 0.0 $1.0k 40.00 25.00
Pepsiamericas 0.0 $1.0k 21.00 47.62
Vectren Corporation 0.0 $1.0k 32.00 31.25