Cornerstone Advisors

Cornerstone Advisors as of June 30, 2008

Portfolio Holdings for Cornerstone Advisors

Cornerstone Advisors holds 296 positions in its portfolio as reported in the June 2008 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 1000 Index (IWB) 59.3 $71M 1.0M 70.46
iShares Russell 2000 Index (IWM) 15.0 $18M 259k 69.05
Nordstrom 8.3 $9.8M 325k 30.30
Bemis Company 6.5 $7.8M 346k 22.42
Microsoft Corporation (MSFT) 1.6 $2.0M 71k 27.51
iShares Russell 3000 Index (IWV) 0.9 $1.1M 15k 74.92
iShares Russell 1000 Growth Index (IWF) 0.9 $1.1M 20k 55.25
iShares Russell 1000 Value Index (IWD) 0.9 $1.1M 16k 69.04
Wal-Mart Stores (WMT) 0.6 $733k 13k 56.23
iShares S&P 100 Index (OEF) 0.4 $468k 8.1k 58.09
Ipath Dow Jones-aig Commodity (DJP) 0.3 $384k 5.4k 71.52
At&t (T) 0.3 $337k 10k 33.69
Starbucks Corporation (SBUX) 0.3 $311k 20k 15.76
Exxon Mobil Corporation (XOM) 0.2 $257k 2.9k 88.01
Medtronic 0.2 $213k 4.1k 51.65
Emerson Electric (EMR) 0.2 $203k 4.1k 49.39
Procter & Gamble Company (PG) 0.2 $202k 3.3k 60.77
Baxter International (BAX) 0.2 $194k 3.0k 63.79
3M Company (MMM) 0.1 $176k 2.5k 69.70
NiSource (NI) 0.1 $179k 10k 17.88
Avnet (AVT) 0.1 $179k 6.6k 27.33
Abbott Laboratories (ABT) 0.1 $163k 3.1k 52.85
Coca-Cola Company (KO) 0.1 $155k 3.0k 52.01
McDonald's Corporation (MCD) 0.1 $153k 2.7k 56.37
Johnson & Johnson (JNJ) 0.1 $153k 2.4k 64.34
Intel Corporation (INTC) 0.1 $159k 7.4k 21.43
Schlumberger (SLB) 0.1 $153k 1.4k 107.29
iShares MSCI EAFE Index Fund (EFA) 0.1 $150k 2.2k 68.74
Hewlett-Packard Company 0.1 $146k 3.3k 44.20
Bristol Myers Squibb (BMY) 0.1 $124k 6.0k 20.55
Protective Life 0.1 $114k 3.0k 38.00
Chevron Corporation (CVX) 0.1 $107k 1.1k 98.80
General Electric Company 0.1 $102k 3.8k 26.60
Cisco Systems (CSCO) 0.1 $102k 4.4k 23.34
Colgate-Palmolive Company (CL) 0.1 $109k 1.6k 68.81
Apple (AAPL) 0.1 $99k 593.00 166.95
Illinois Tool Works (ITW) 0.1 $98k 2.1k 47.57
Duke Energy Corporation 0.1 $87k 5.0k 17.40
Boeing Company (BA) 0.1 $80k 1.2k 65.84
Pepsi (PEP) 0.1 $87k 1.4k 63.32
Gannett 0.1 $87k 4.0k 21.75
Bank of America Corporation (BAC) 0.1 $74k 3.1k 23.98
Walgreen Company 0.1 $67k 2.1k 32.35
Sara Lee 0.1 $72k 5.9k 12.31
Hormel Foods Corporation (HRL) 0.1 $69k 2.0k 34.50
Sherwin-Williams Company (SHW) 0.1 $55k 1.2k 45.83
Macy's (M) 0.1 $58k 3.0k 19.33
American Intl Group 0.0 $51k 1.9k 26.42
Federal National Mortgage Association (FNMA) 0.0 $51k 2.6k 19.62
Google 0.0 $44k 84.00 523.81
BP (BP) 0.0 $35k 500.00 70.00
Costco Wholesale Corporation (COST) 0.0 $30k 433.00 69.28
Verizon Communications (VZ) 0.0 $32k 906.00 35.32
Encana Corp 0.0 $32k 350.00 91.43
Wachovia Corp 0.0 $31k 2.0k 15.55
EMC Corporation 0.0 $34k 2.3k 14.80
Waste Management (WM) 0.0 $23k 4.7k 4.86
Pfizer (PFE) 0.0 $25k 1.4k 17.61
Raytheon Company 0.0 $28k 500.00 56.00
First Cash Financial Services 0.0 $18k 1.2k 15.00
iShares Lehman Aggregate Bond (AGG) 0.0 $26k 262.00 99.24
iShares MSCI Emerging Markets Indx (EEM) 0.0 $12k 90.00 133.33
Goldman Sachs (GS) 0.0 $15k 86.00 174.42
JPMorgan Chase & Co. (JPM) 0.0 $17k 485.00 35.05
Walt Disney Company (DIS) 0.0 $7.0k 234.00 29.91
United Parcel Service (UPS) 0.0 $6.0k 93.00 64.52
NVIDIA Corporation (NVDA) 0.0 $12k 657.00 18.26
Wells Fargo & Company (WFC) 0.0 $9.0k 374.00 24.06
National-Oilwell Var 0.0 $7.0k 78.00 89.74
General Motors Corp 0.0 $9.0k 770.00 11.69
CVS Caremark Corporation (CVS) 0.0 $7.0k 183.00 38.25
ConocoPhillips (COP) 0.0 $6.0k 67.00 89.55
Qualcomm (QCOM) 0.0 $9.0k 201.00 44.78
Amazon (AMZN) 0.0 $10k 133.00 75.19
Chubb Corporation 0.0 $2.0k 39.00 51.28
Packaging Corporation of America (PKG) 0.0 $999.960000 52.00 19.23
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 $999.900000 55.00 18.18
Corning Incorporated (GLW) 0.0 $3.0k 132.00 22.73
BlackRock 0.0 $1.0k 8.00 125.00
Cme (CME) 0.0 $999.990000 3.00 333.33
Progressive Corporation (PGR) 0.0 $2.0k 81.00 24.69
Charles Schwab Corporation (SCHW) 0.0 $5.0k 245.00 20.41
State Street Corporation (STT) 0.0 $999.960000 13.00 76.92
U.S. Bancorp (USB) 0.0 $4.0k 148.00 27.03
Western Union Company (WU) 0.0 $1.0k 56.00 17.86
Assurant (AIZ) 0.0 $2.0k 24.00 83.33
American Express Company (AXP) 0.0 $5.0k 120.00 41.67
PNC Financial Services (PNC) 0.0 $2.0k 31.00 64.52
Lincoln National Corporation (LNC) 0.0 $2.0k 36.00 55.56
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 $3.0k 150.00 20.00
Suntrust Banks Inc $1.00 Par Cmn 0.0 $4.0k 99.00 40.40
Moody's Corporation (MCO) 0.0 $1.0k 24.00 41.67
Caterpillar (CAT) 0.0 $999.970000 19.00 52.63
Crown Castle International 0.0 $1.0k 37.00 27.03
CSX Corporation (CSX) 0.0 $2.0k 28.00 71.43
Devon Energy Corporation (DVN) 0.0 $5.0k 38.00 131.58
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
Monsanto Company 0.0 $2.0k 12.00 166.67
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 $4.0k 56.00 71.43
Home Depot (HD) 0.0 $4.0k 154.00 25.97
Eli Lilly & Co. (LLY) 0.0 $999.940000 17.00 58.82
Norfolk Southern (NSC) 0.0 $4.0k 65.00 61.54
FirstEnergy (FE) 0.0 $1.0k 14.00 71.43
Apache Corporation 0.0 $5.0k 34.00 147.06
Avon Products 0.0 $999.990000 41.00 24.39
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 $999.940000 34.00 29.41
Cummins (CMI) 0.0 $2.0k 31.00 64.52
Edwards Lifesciences (EW) 0.0 $1.0k 16.00 62.50
Family Dollar Stores 0.0 $2.0k 102.00 19.61
Federated Investors (FHI) 0.0 $999.900000 22.00 45.45
Franklin Resources (BEN) 0.0 $3.0k 35.00 85.71
Hologic (HOLX) 0.0 $1.0k 42.00 23.81
Hudson City Ban 0.0 $1.0k 70.00 14.29
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 47.00 63.83
Kohl's Corporation (KSS) 0.0 $999.920000 29.00 34.48
Kraft Foods 0.0 $2.0k 73.00 27.40
Mattel (MAT) 0.0 $1.0k 42.00 23.81
MeadWestva 0.0 $999.900000 30.00 33.33
Noble Energy 0.0 $1.0k 5.00 200.00
Nucor Corporation (NUE) 0.0 $2.0k 28.00 71.43
Pharmaceutical Product Development 0.0 $1.0k 23.00 43.48
Public Storage (PSA) 0.0 $1.0k 16.00 62.50
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 $2.0k 47.00 42.55
Travelers Companies (TRV) 0.0 $5.0k 111.00 45.05
Union Pacific Corporation (UNP) 0.0 $1.0k 18.00 55.56
Adobe Systems Incorporated (ADBE) 0.0 $3.0k 79.00 37.97
Molson Coors Brewing Company (TAP) 0.0 $2.0k 40.00 50.00
AFLAC Incorporated (AFL) 0.0 $4.0k 62.00 64.52
Airgas 0.0 $999.990000 9.00 111.11
Best Buy (BBY) 0.0 $2.0k 46.00 43.48
Suno 0.0 $1.0k 16.00 62.50
Supervalu 0.0 $1.0k 18.00 55.56
Boston Scientific Corporation (BSX) 0.0 $1.0k 96.00 10.42
Dow Chemical Company 0.0 $1.0k 36.00 27.78
KBR (KBR) 0.0 $1.0k 38.00 26.32
Schnitzer Steel Industries (RDUS) 0.0 $1.0k 5.00 200.00
C.R. Bard 0.0 $1.0k 8.00 125.00
Harley-Davidson (HOG) 0.0 $2.0k 46.00 43.48
Johnson Controls 0.0 $2.0k 60.00 33.33
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 $1.0k 37.00 27.03
Progress Energy 0.0 $1.0k 20.00 50.00
Western Digital (WDC) 0.0 $2.0k 58.00 34.48
Laboratory Corp. of America Holdings 0.0 $1.0k 14.00 71.43
E.I. du Pont de Nemours & Company 0.0 $999.960000 26.00 38.46
Rohm & Haas 0.0 $1.0k 20.00 50.00
AmerisourceBergen (COR) 0.0 $999.900000 30.00 33.33
Equity Residential (EQR) 0.0 $999.900000 33.00 30.30
Directv Group 0.0 $999.840000 48.00 20.83
Lubrizol Corporation 0.0 $1.0k 24.00 41.67
Tyson Foods (TSN) 0.0 $1.0k 81.00 12.35
MDU Resources (MDU) 0.0 $1.0k 36.00 27.78
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 $3.0k 100.00 30.00
Mylan 0.0 $999.680000 64.00 15.62
Newfield Exploration 0.0 $2.0k 31.00 64.52
Becton, Dickinson and (BDX) 0.0 $999.940000 17.00 58.82
RadioShack Corporation 0.0 $1.0k 60.00 16.67
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 $2.0k 179.00 11.17
Plum Creek Timber 0.0 $999.900000 22.00 45.45
Lockheed Martin Corporation (LMT) 0.0 $999.960000 12.00 83.33
Allergan 0.0 $2.0k 32.00 62.50
Altria (MO) 0.0 $2.0k 82.00 24.39
Amgen (AMGN) 0.0 $4.0k 82.00 48.78
Baker Hughes Incorporated 0.0 $2.0k 19.00 105.26
BB&T Corporation 0.0 $1.0k 49.00 20.41
Deere & Company (DE) 0.0 $3.0k 42.00 71.43
eBay (EBAY) 0.0 $3.0k 107.00 28.04
Halliburton Company (HAL) 0.0 $2.0k 30.00 66.67
Hess (HES) 0.0 $2.0k 17.00 117.65
Liberty Media 0.0 $1.0k 82.00 12.20
Marsh & McLennan Companies 0.0 $3.0k 95.00 31.58
Nike (NKE) 0.0 $3.0k 42.00 71.43
Occidental Petroleum Corporation (OXY) 0.0 $2.0k 20.00 100.00
Philip Morris International (PM) 0.0 $4.0k 82.00 48.78
Praxair 0.0 $4.0k 39.00 102.56
Sigma-Aldrich Corporation 0.0 $2.0k 40.00 50.00
Stryker Corporation (SYK) 0.0 $999.940000 17.00 58.82
Target Corporation (TGT) 0.0 $3.0k 64.00 46.88
Texas Instruments Incorporated (TXN) 0.0 $5.0k 181.00 27.62
United Technologies Corporation 0.0 $1.0k 15.00 66.67
WellPoint 0.0 $999.960000 12.00 83.33
Xerox Corporation 0.0 $3.0k 187.00 16.04
American Electric Power Company (AEP) 0.0 $1.0k 20.00 50.00
Apollo 0.0 $1.0k 23.00 43.48
Gap (GAP) 0.0 $2.0k 143.00 13.99
Liberty Media Corp-ent Ser A E nt com ser a 0.0 $999.900000 45.00 22.22
Sun Microsystems 0.0 $999.750000 129.00 7.75
Cit Group Inc C ommon 0.0 $1.0k 212.00 4.72
Ford Motor Company (F) 0.0 $1.0k 205.00 4.88
Danaher Corporation (DHR) 0.0 $1.0k 14.00 71.43
Electronic Data Systems Corp 0.0 $2.0k 89.00 22.47
Exelon Corporation (EXC) 0.0 $1.0k 16.00 62.50
Staples 0.0 $3.0k 123.00 24.39
Williams Companies (WMB) 0.0 $3.0k 70.00 42.86
Dell 0.0 $2.0k 114.00 17.54
Gilead Sciences (GILD) 0.0 $5.0k 100.00 50.00
Smith International 0.0 $3.0k 32.00 93.75
Sovereign Bancorp 0.0 $999.750000 155.00 6.45
TJX Companies (TJX) 0.0 $3.0k 104.00 28.85
Southern Company (SO) 0.0 $999.950000 35.00 28.57
Wrigley 0.0 $2.0k 32.00 62.50
Federal Home Loan Mortgage (FMCC) 0.0 $999.900000 55.00 18.18
EOG Resources (EOG) 0.0 $2.0k 18.00 111.11
General Dynamics Corporation (GD) 0.0 $1.0k 15.00 66.67
Lowe's Companies (LOW) 0.0 $2.0k 90.00 22.22
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 $4.0k 116.00 34.48
Fifth Third Ban (FITB) 0.0 $3.0k 309.00 9.71
Prudential Financial (PRU) 0.0 $1.0k 18.00 55.56
Kellogg Company (K) 0.0 $2.0k 48.00 41.67
Dollar Tree (DLTR) 0.0 $1.0k 31.00 32.26
AutoZone (AZO) 0.0 $1.0k 7.00 142.86
AvalonBay Communities (AVB) 0.0 $1.0k 8.00 125.00
ConAgra Foods (CAG) 0.0 $999.960000 39.00 25.64
Dover Corporation (DOV) 0.0 $1.0k 24.00 41.67
PPL Corporation (PPL) 0.0 $2.0k 30.00 66.67
Public Service Enterprise (PEG) 0.0 $999.880000 28.00 35.71
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 $4.0k 204.00 19.61
C.H. Robinson Worldwide (CHRW) 0.0 $1.0k 18.00 55.56
First Solar (FSLR) 0.0 $1.0k 5.00 200.00
Oracle Corporation (ORCL) 0.0 $2.0k 74.00 27.03
Pioneer Natural Resources 0.0 $2.0k 25.00 80.00
Precision Castparts 0.0 $1.0k 11.00 90.91
Roper Industries (ROP) 0.0 $1.0k 18.00 55.56
Genzyme Corporation 0.0 $3.0k 37.00 81.08
Marathon Oil Corporation (MRO) 0.0 $1.0k 24.00 41.67
Zimmer Holdings (ZBH) 0.0 $4.0k 56.00 71.43
NVR (NVR) 0.0 $1.0k 1.00 1000.00
CNA Financial Corporation (CNA) 0.0 $1.0k 47.00 21.28
Techne Corporation 0.0 $2.0k 28.00 71.43
Advanced Micro Devices (AMD) 0.0 $1.0k 103.00 9.71
Amphenol Corporation (APH) 0.0 $2.0k 44.00 45.45
Micron Technology (MU) 0.0 $1.0k 112.00 8.93
CONSOL Energy 0.0 $3.0k 25.00 120.00
salesforce (CRM) 0.0 $1.0k 18.00 55.56
Express Scripts 0.0 $1.0k 20.00 50.00
Broadcom Corporation 0.0 $999.900000 45.00 22.22
Edison International (EIX) 0.0 $999.960000 26.00 38.46
Humana (HUM) 0.0 $2.0k 45.00 44.44
Key (KEY) 0.0 $1.0k 60.00 16.67
Marshall & Ilsley Corporation 0.0 $1.0k 56.00 17.86
Watson Pharmaceuticals 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
DTE Energy Company (DTE) 0.0 $1.0k 20.00 50.00
Essex Property Trust (ESS) 0.0 $1.0k 8.00 125.00
Alliant Energy Corporation (LNT) 0.0 $1.0k 40.00 25.00
Southwest Airlines (LUV) 0.0 $999.900000 99.00 10.10
MetLife (MET) 0.0 $999.900000 22.00 45.45
SPX Corporation 0.0 $1.0k 5.00 200.00
Questar Corporation 0.0 $3.0k 36.00 83.33
Terex Corporation (TEX) 0.0 $999.960000 13.00 76.92
Textron (TXT) 0.0 $999.900000 22.00 45.45
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
United States Steel Corporation 0.0 $3.0k 15.00 200.00
National Fuel Gas (NFG) 0.0 $1.0k 10.00 100.00
Nstar 0.0 $1.0k 36.00 27.78
Piedmont Natural Gas Company 0.0 $999.950000 35.00 28.57
Albemarle Corporation (ALB) 0.0 $2.0k 38.00 52.63
Ametek (AME) 0.0 $999.880000 28.00 35.71
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 $4.0k 66.00 60.61
Tor Dom Bk Cad (TD) 0.0 $999.960000 13.00 76.92
Applera Corp Com Shs Applied 0.0 $1.0k 40.00 25.00
iShares MSCI ACWI Index Fund (ACWI) 0.0 $1.0k 27.00 37.04