Cornerstone Advisors

Cornerstone Advisors as of Dec. 31, 2008

Portfolio Holdings for Cornerstone Advisors

Cornerstone Advisors holds 235 positions in its portfolio as reported in the December 2008 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
Vanguard Total Stock Market ETF (VTI) 32.0 $30M 677k 44.74
iShares Russell 1000 Index (IWB) 26.2 $25M 507k 48.87
iShares Russell 2000 Index (IWM) 13.2 $13M 253k 49.24
Bemis Company 8.7 $8.2M 346k 23.68
SPDR MSCI ACWI ex-US (CWI) 4.7 $4.4M 189k 23.32
Nordstrom 4.6 $4.3M 325k 13.31
Microsoft Corporation (MSFT) 1.5 $1.4M 71k 19.44
iShares Russell 1000 Value Index (IWD) 1.3 $1.3M 25k 49.50
iShares Russell 1000 Growth Index (IWF) 1.2 $1.1M 30k 37.07
Wal-Mart Stores (WMT) 0.6 $564k 10k 56.05
iShares Russell 3000 Index (IWV) 0.5 $514k 9.9k 51.97
Starbucks Corporation (SBUX) 0.4 $410k 43k 9.47
At&t (T) 0.3 $271k 9.5k 28.46
Exxon Mobil Corporation (XOM) 0.2 $232k 2.9k 79.67
Procter & Gamble Company (PG) 0.2 $208k 3.4k 61.87
Ipath Dow Jones-aig Commodity (DJP) 0.2 $189k 5.4k 35.20
McDonald's Corporation (MCD) 0.2 $170k 2.7k 62.29
Abbott Laboratories (ABT) 0.2 $163k 3.1k 53.29
Baxter International (BAX) 0.2 $164k 3.1k 53.56
Sherwin-Williams Company (SHW) 0.2 $161k 2.7k 59.63
Chevron Corporation (CVX) 0.2 $153k 2.1k 73.88
3M Company (MMM) 0.2 $147k 2.6k 57.53
Emerson Electric (EMR) 0.2 $151k 4.1k 36.65
Johnson & Johnson (JNJ) 0.1 $139k 2.3k 59.91
Bristol Myers Squibb (BMY) 0.1 $142k 6.1k 23.31
Medtronic 0.1 $128k 4.1k 31.38
Hewlett-Packard Company 0.1 $128k 3.5k 36.23
iShares S&P 100 Index (OEF) 0.1 $124k 2.9k 43.18
Coca-Cola Company (KO) 0.1 $111k 2.5k 45.10
NiSource (NI) 0.1 $110k 10k 10.99
Avnet (AVT) 0.1 $118k 6.5k 18.15
Colgate-Palmolive Company (CL) 0.1 $107k 1.6k 68.33
AFLAC Incorporated (AFL) 0.1 $95k 2.1k 45.83
Intel Corporation (INTC) 0.1 $98k 6.7k 14.70
Vanguard Small-Cap ETF (VB) 0.1 $99k 2.3k 42.40
Duke Energy Corporation 0.1 $75k 5.0k 15.00
Cisco Systems (CSCO) 0.1 $78k 4.8k 16.40
Pepsi (PEP) 0.1 $75k 1.4k 54.59
iShares MSCI EAFE Index Fund (EFA) 0.1 $75k 1.7k 44.91
Illinois Tool Works (ITW) 0.1 $72k 2.1k 35.02
General Electric Company 0.1 $62k 3.9k 16.09
Hormel Foods Corporation (HRL) 0.1 $62k 2.0k 31.00
Boeing Company (BA) 0.1 $52k 1.2k 43.05
Apple (AAPL) 0.1 $52k 615.00 84.55
Schlumberger (SLB) 0.1 $61k 1.4k 42.27
Walgreen Company 0.1 $53k 2.2k 24.51
Sara Lee 0.1 $57k 5.9k 9.74
Bank of America Corporation (BAC) 0.1 $45k 3.2k 14.02
Pfizer (PFE) 0.0 $26k 1.5k 17.62
Spectra Energy 0.0 $32k 2.0k 15.92
Verizon Communications (VZ) 0.0 $32k 945.00 33.86
Macy's (M) 0.0 $31k 3.0k 10.33
Google 0.0 $27k 89.00 303.37
Protective Life 0.0 $29k 2.0k 14.50
iShares Lehman Aggregate Bond (AGG) 0.0 $28k 267.00 104.87
BP (BP) 0.0 $23k 500.00 46.00
JPMorgan Chase & Co. (JPM) 0.0 $15k 463.00 32.40
Costco Wholesale Corporation (COST) 0.0 $23k 435.00 52.87
Encana Corp 0.0 $16k 350.00 45.71
First Cash Financial Services 0.0 $23k 1.2k 19.17
iShares Dow Jones US Financial (IYF) 0.0 $15k 338.00 44.38
iShares MSCI Emerging Markets Indx (EEM) 0.0 $7.0k 270.00 25.93
Kraft Foods 0.0 $5.0k 172.00 29.07
Wells Fargo & Company (WFC) 0.0 $14k 458.00 30.57
CVS Caremark Corporation (CVS) 0.0 $5.0k 167.00 29.94
Amgen (AMGN) 0.0 $8.0k 137.00 58.39
Qualcomm (QCOM) 0.0 $6.0k 171.00 35.09
Gilead Sciences (GILD) 0.0 $5.0k 100.00 50.00
Amazon (AMZN) 0.0 $6.0k 125.00 48.00
iShares Russell 2000 Value Index (IWN) 0.0 $14k 280.00 50.00
Chubb Corporation 0.0 $2.0k 42.00 47.62
Comcast Corporation (CMCSA) 0.0 $2.0k 128.00 15.62
NRG Energy (NRG) 0.0 $1.0k 24.00 41.67
Goldman Sachs (GS) 0.0 $1.0k 6.00 166.67
Charles Schwab Corporation (SCHW) 0.0 $3.0k 197.00 15.23
State Street Corporation (STT) 0.0 $1.0k 14.00 71.43
U.S. Bancorp (USB) 0.0 $4.0k 154.00 25.97
American Express Company (AXP) 0.0 $1.0k 50.00 20.00
Lincoln National Corporation (LNC) 0.0 $999.950000 35.00 28.57
Northern Trust Corporation (NTRS) 0.0 $3.0k 52.00 57.69
Legg Mason 0.0 $999.950000 35.00 28.57
SLM Corporation (SLM) 0.0 $999.440000 124.00 8.06
Devon Energy Corporation (DVN) 0.0 $3.0k 42.00 71.43
Ecolab (ECL) 0.0 $1.0k 24.00 41.67
Expeditors International of Washington (EXPD) 0.0 $999.920000 29.00 34.48
FedEx Corporation (FDX) 0.0 $4.0k 55.00 72.73
Monsanto Company 0.0 $1.0k 8.00 125.00
Range Resources (RRC) 0.0 $1.0k 27.00 37.04
Republic Services (RSG) 0.0 $999.900000 30.00 33.33
Xto Energy 0.0 $3.0k 85.00 35.29
Home Depot (HD) 0.0 $4.0k 184.00 21.74
Peabody Energy Corporation 0.0 $1.0k 25.00 40.00
Via 0.0 $1.0k 53.00 18.87
Eli Lilly & Co. (LLY) 0.0 $2.0k 50.00 40.00
Archer Daniels Midland Company (ADM) 0.0 $1.0k 47.00 21.28
Walt Disney Company (DIS) 0.0 $3.0k 149.00 20.13
Norfolk Southern (NSC) 0.0 $3.0k 62.00 48.39
AES Corporation (AES) 0.0 $1.0k 67.00 14.93
Dominion Resources (D) 0.0 $1.0k 32.00 31.25
Medco Health Solutions 0.0 $1.0k 20.00 50.00
FirstEnergy (FE) 0.0 $1.0k 14.00 71.43
United Parcel Service (UPS) 0.0 $4.0k 78.00 51.28
Apache Corporation 0.0 $2.0k 32.00 62.50
Autodesk (ADSK) 0.0 $999.900000 33.00 30.30
BMC Software 0.0 $2.0k 59.00 33.90
CarMax (KMX) 0.0 $1.0k 77.00 12.99
Cummins (CMI) 0.0 $999.960000 26.00 38.46
Edwards Lifesciences (EW) 0.0 $1.0k 16.00 62.50
Family Dollar Stores 0.0 $1.0k 24.00 41.67
Franklin Resources (BEN) 0.0 $1.0k 21.00 47.62
J.C. Penney Company 0.0 $2.0k 87.00 22.99
Kimberly-Clark Corporation (KMB) 0.0 $1.0k 25.00 40.00
Kohl's Corporation (KSS) 0.0 $2.0k 58.00 34.48
Mattel (MAT) 0.0 $1.0k 43.00 23.26
Microchip Technology (MCHP) 0.0 $999.900000 30.00 33.33
NYSE Euronext 0.0 $999.900000 33.00 30.30
Newmont Mining Corporation (NEM) 0.0 $999.900000 33.00 30.30
Noble Energy 0.0 $999.960000 12.00 83.33
Nucor Corporation (NUE) 0.0 $999.880000 28.00 35.71
PPG Industries (PPG) 0.0 $1.0k 23.00 43.48
R.R. Donnelley & Sons Company 0.0 $999.810000 69.00 14.49
Snap-on Incorporated (SNA) 0.0 $1.0k 24.00 41.67
SYSCO Corporation (SYY) 0.0 $999.680000 64.00 15.62
Travelers Companies (TRV) 0.0 $4.0k 99.00 40.40
Union Pacific Corporation (UNP) 0.0 $999.900000 30.00 33.33
V.F. Corporation (VFC) 0.0 $1.0k 25.00 40.00
Airgas 0.0 $1.0k 20.00 50.00
Best Buy (BBY) 0.0 $1.0k 37.00 27.03
Suno 0.0 $2.0k 38.00 52.63
Supervalu 0.0 $1.0k 56.00 17.86
Boston Scientific Corporation (BSX) 0.0 $1.0k 133.00 7.52
Ross Stores (ROST) 0.0 $999.880000 28.00 35.71
C.R. Bard 0.0 $1.0k 15.00 66.67
Johnson Controls 0.0 $3.0k 154.00 19.48
Progress Energy 0.0 $1.0k 16.00 62.50
Laboratory Corp. of America Holdings 0.0 $1.0k 14.00 71.43
Rohm & Haas 0.0 $1.0k 20.00 50.00
Whirlpool Corporation (WHR) 0.0 $1.0k 16.00 62.50
Analog Devices (ADI) 0.0 $1.0k 72.00 13.89
Safeway 0.0 $999.880000 28.00 35.71
Cincinnati Financial Corporation (CINF) 0.0 $999.990000 41.00 24.39
MDU Resources (MDU) 0.0 $1.0k 36.00 27.78
General Motors Corp 0.0 $2.0k 715.00 2.80
Waters Corporation (WAT) 0.0 $999.920000 29.00 34.48
Campbell Soup Company (CPB) 0.0 $999.960000 39.00 25.64
Kroger (KR) 0.0 $999.840000 48.00 20.83
Becton, Dickinson and (BDX) 0.0 $2.0k 24.00 83.33
McKesson Corporation (MCK) 0.0 $1.0k 31.00 32.26
Plum Creek Timber 0.0 $999.900000 22.00 45.45
Goodrich Corporation 0.0 $1.0k 23.00 43.48
Allstate Corporation (ALL) 0.0 $999.990000 41.00 24.39
Altria (MO) 0.0 $1.0k 89.00 11.24
Anadarko Petroleum Corporation 0.0 $1.0k 32.00 31.25
BB&T Corporation 0.0 $2.0k 61.00 32.79
Capital One Financial (COF) 0.0 $1.0k 37.00 27.03
ConocoPhillips (COP) 0.0 $3.0k 65.00 46.15
Deere & Company (DE) 0.0 $2.0k 41.00 48.78
Fluor Corporation (FLR) 0.0 $1.0k 14.00 71.43
General Mills (GIS) 0.0 $1.0k 15.00 66.67
Hess (HES) 0.0 $999.940000 17.00 58.82
Nike (NKE) 0.0 $2.0k 44.00 45.45
Occidental Petroleum Corporation (OXY) 0.0 $2.0k 32.00 62.50
Philip Morris International (PM) 0.0 $3.0k 63.00 47.62
Praxair 0.0 $1.0k 23.00 43.48
Sigma-Aldrich Corporation 0.0 $1.0k 23.00 43.48
Stryker Corporation (SYK) 0.0 $2.0k 40.00 50.00
Symantec Corporation 0.0 $999.530000 109.00 9.17
Target Corporation (TGT) 0.0 $1.0k 42.00 23.81
Texas Instruments Incorporated (TXN) 0.0 $3.0k 162.00 18.52
United Technologies Corporation 0.0 $2.0k 45.00 44.44
UnitedHealth (UNH) 0.0 $4.0k 142.00 28.17
Xerox Corporation 0.0 $999.900000 110.00 9.09
American Electric Power Company (AEP) 0.0 $1.0k 20.00 50.00
Apollo 0.0 $1.0k 14.00 71.43
Gap (GAP) 0.0 $999.600000 102.00 9.80
Weyerhaeuser Company (WY) 0.0 $999.960000 26.00 38.46
Liberty Media Corp-ent Ser A E nt com ser a 0.0 $999.900000 30.00 33.33
Agilent Technologies Inc C ommon (A) 0.0 $1.0k 37.00 27.03
Cit Group Inc C ommon 0.0 $999.460000 154.00 6.49
Wachovia Corp 0.0 $2.0k 331.00 6.04
Biogen Idec (BIIB) 0.0 $999.900000 30.00 33.33
Danaher Corporation (DHR) 0.0 $1.0k 14.00 71.43
Exelon Corporation (EXC) 0.0 $999.900000 22.00 45.45
Williams Companies (WMB) 0.0 $999.680000 88.00 11.36
Dell 0.0 $2.0k 217.00 9.22
EMC Corporation 0.0 $999.460000 121.00 8.26
Henry Schein (HSIC) 0.0 $1.0k 14.00 71.43
Southern Company (SO) 0.0 $999.950000 35.00 28.57
EOG Resources (EOG) 0.0 $1.0k 18.00 55.56
Lowe's Companies (LOW) 0.0 $3.0k 140.00 21.43
Clorox Company (CLX) 0.0 $1.0k 24.00 41.67
Kellogg Company (K) 0.0 $2.0k 45.00 44.44
Visa (V) 0.0 $2.0k 29.00 68.97
AutoZone (AZO) 0.0 $2.0k 13.00 153.85
Omni (OMC) 0.0 $999.900000 33.00 30.30
Telephone & Data Systems 0.0 $999.950000 35.00 28.57
PPL Corporation (PPL) 0.0 $999.900000 30.00 33.33
Public Service Enterprise (PEG) 0.0 $999.900000 30.00 33.33
Sempra Energy (SRE) 0.0 $1.0k 21.00 47.62
Alliance Data Systems Corporation (BFH) 0.0 $1.0k 18.00 55.56
C.H. Robinson Worldwide (CHRW) 0.0 $1.0k 18.00 55.56
First Solar (FSLR) 0.0 $999.990000 9.00 111.11
Oracle Corporation (ORCL) 0.0 $3.0k 154.00 19.48
Paccar (PCAR) 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 18.00 55.56
Genzyme Corporation 0.0 $2.0k 27.00 74.07
Southwestern Energy Company 0.0 $1.0k 24.00 41.67
Forest Laboratories 0.0 $1.0k 56.00 17.86
Zimmer Holdings (ZBH) 0.0 $2.0k 61.00 32.79
Delta Air Lines (DAL) 0.0 $999.780000 57.00 17.54
Amphenol Corporation (APH) 0.0 $999.960000 26.00 38.46
Invesco (IVZ) 0.0 $1.0k 46.00 21.74
salesforce (CRM) 0.0 $1.0k 18.00 55.56
Express Scripts 0.0 $999.940000 17.00 58.82
Broadcom Corporation 0.0 $1.0k 59.00 16.95
Life Technologies 0.0 $1.0k 40.00 25.00
Lam Research Corporation 0.0 $999.680000 64.00 15.62
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
Sirius XM Radio 0.0 $969.220000 6.9k 0.14
Questar Corporation 0.0 $2.0k 53.00 37.74
MEMC Electronic Materials 0.0 $999.840000 48.00 20.83
Alliant Techsystems 0.0 $1.0k 8.00 125.00
Celgene Corporation 0.0 $1.0k 27.00 37.04
Energen Corporation 0.0 $1.0k 20.00 50.00
Duke Realty Corporation 0.0 $1.0k 67.00 14.93
Nstar 0.0 $1.0k 31.00 32.26
St. Jude Medical 0.0 $1.0k 32.00 31.25
Ametek (AME) 0.0 $999.880000 28.00 35.71
Cameron International Corporation 0.0 $1.0k 73.00 13.70
HCP 0.0 $1.0k 32.00 31.25
Boston Properties (BXP) 0.0 $999.960000 12.00 83.33
iShares MSCI ACWI Index Fund (ACWI) 0.0 $2.0k 59.00 33.90