Cornerstone Advisors

Cornerstone Advisors as of March 31, 2009

Portfolio Holdings for Cornerstone Advisors

Cornerstone Advisors holds 237 positions in its portfolio as reported in the March 2009 quarterly 13F filing

Company (Ticker) Portfolio Weight Valued At Change in Shares Share Count Share Price
iShares Russell 1000 Index (IWB) 52.9 $44M 1.0M 43.25
iShares Russell 2000 Index (IWM) 13.3 $11M 260k 42.05
Bemis Company 8.8 $7.3M 346k 20.97
Vanguard Total Stock Market ETF (VTI) 7.0 $5.8M 146k 39.58
Nordstrom 6.6 $5.4M 325k 16.75
Microsoft Corporation (MSFT) 1.5 $1.2M 68k 18.37
iShares Russell 3000 Index (IWV) 1.0 $836k 18k 45.86
SPDR MSCI ACWI ex-US (CWI) 0.9 $770k 38k 20.15
Wal-Mart Stores (WMT) 0.6 $525k 10k 52.12
Starbucks Corporation (SBUX) 0.6 $481k 43k 11.10
iShares Russell 1000 Value Index (IWD) 0.5 $429k 11k 40.78
iShares Russell 1000 Growth Index (IWF) 0.5 $403k 12k 35.12
At&t (T) 0.3 $240k 9.5k 25.20
Ipath Dow Jones-aig Commodity (DJP) 0.3 $227k 6.9k 33.00
Exxon Mobil Corporation (XOM) 0.2 $198k 2.9k 68.21
Vanguard Small-Cap ETF (VB) 0.2 $171k 4.7k 36.66
Baxter International (BAX) 0.2 $157k 3.1k 51.14
Procter & Gamble Company (PG) 0.2 $157k 3.3k 46.96
McDonald's Corporation (MCD) 0.2 $149k 2.7k 54.52
Abbott Laboratories (ABT) 0.2 $145k 3.0k 47.57
Cisco Systems (CSCO) 0.2 $147k 8.8k 16.75
Intel Corporation (INTC) 0.2 $145k 9.7k 15.03
Chevron Corporation (CVX) 0.2 $139k 2.1k 67.48
Sherwin-Williams Company (SHW) 0.2 $141k 2.7k 52.09
Bristol Myers Squibb (BMY) 0.2 $134k 6.1k 22.00
3M Company (MMM) 0.2 $129k 2.6k 49.73
Johnson & Johnson (JNJ) 0.1 $124k 2.4k 52.72
Medtronic 0.1 $122k 4.1k 29.51
Emerson Electric (EMR) 0.1 $117k 4.1k 28.54
Avnet (AVT) 0.1 $114k 6.5k 17.54
Hewlett-Packard Company 0.1 $112k 3.5k 31.97
Coca-Cola Company (KO) 0.1 $107k 2.4k 43.76
iShares S&P 100 Index (OEF) 0.1 $108k 2.9k 37.60
NiSource (NI) 0.1 $99k 10k 9.81
Colgate-Palmolive Company (CL) 0.1 $93k 1.6k 58.94
Duke Energy Corporation 0.1 $73k 5.1k 14.34
Pepsi (PEP) 0.1 $71k 1.4k 51.26
iShares MSCI EAFE Index Fund (EFA) 0.1 $63k 1.7k 37.72
Illinois Tool Works (ITW) 0.1 $62k 2.0k 30.85
Hormel Foods Corporation (HRL) 0.1 $63k 2.0k 31.50
Noble Energy 0.1 $54k 1.0k 53.78
Apple (AAPL) 0.1 $56k 533.00 105.07
Schlumberger (SLB) 0.1 $59k 1.5k 40.69
Walgreen Company 0.1 $54k 2.1k 26.16
Devon Energy Corporation (DVN) 0.1 $47k 1.0k 45.15
Sara Lee 0.1 $47k 5.9k 8.03
General Electric Company 0.1 $38k 3.7k 10.20
AFLAC Incorporated (AFL) 0.1 $40k 2.1k 19.46
Boeing Company (BA) 0.1 $43k 1.2k 35.66
PIMCO Income Opportunity Fund 0.1 $45k 3.1k 14.61
Spectra Energy 0.0 $29k 2.0k 14.19
Google 0.0 $30k 87.00 344.83
Bank of America Corporation (BAC) 0.0 $21k 3.0k 6.89
Costco Wholesale Corporation (COST) 0.0 $21k 455.00 46.15
Verizon Communications (VZ) 0.0 $28k 941.00 29.76
Macy's (M) 0.0 $27k 3.0k 9.00
iShares Lehman Aggregate Bond (AGG) 0.0 $27k 267.00 101.12
BP (BP) 0.0 $20k 500.00 40.00
Pfizer (PFE) 0.0 $20k 1.5k 13.58
Encana Corp 0.0 $14k 350.00 40.00
First Cash Financial Services 0.0 $18k 1.2k 15.00
iShares MSCI Emerging Markets Indx (EEM) 0.0 $7.0k 270.00 25.93
JPMorgan Chase & Co. (JPM) 0.0 $10k 369.00 27.10
Walt Disney Company (DIS) 0.0 $5.0k 293.00 17.06
United Parcel Service (UPS) 0.0 $6.0k 113.00 53.10
Wells Fargo & Company (WFC) 0.0 $5.0k 363.00 13.77
Amgen (AMGN) 0.0 $6.0k 130.00 46.15
Qualcomm (QCOM) 0.0 $7.0k 192.00 36.46
Gilead Sciences (GILD) 0.0 $5.0k 100.00 50.00
Amazon (AMZN) 0.0 $9.0k 119.00 75.63
Protective Life 0.0 $11k 2.0k 5.50
Chubb Corporation 0.0 $2.0k 44.00 45.45
Comcast Corporation (CMCSA) 0.0 $2.0k 140.00 14.29
Corning Incorporated (GLW) 0.0 $4.0k 284.00 14.08
Annaly Capital Management 0.0 $1.0k 38.00 26.32
Cme (CME) 0.0 $2.0k 10.00 200.00
Goldman Sachs (GS) 0.0 $2.0k 17.00 117.65
Progressive Corporation (PGR) 0.0 $2.0k 155.00 12.90
Charles Schwab Corporation (SCHW) 0.0 $2.0k 119.00 16.81
State Street Corporation (STT) 0.0 $1.0k 21.00 47.62
U.S. Bancorp (USB) 0.0 $3.0k 187.00 16.04
Western Union Company (WU) 0.0 $1.0k 46.00 21.74
TD Ameritrade Holding 0.0 $1.0k 53.00 18.87
American Express Company (AXP) 0.0 $2.0k 153.00 13.07
PNC Financial Services (PNC) 0.0 $2.0k 70.00 28.57
Northern Trust Corporation (NTRS) 0.0 $3.0k 48.00 62.50
Suntrust Banks Inc $1.00 Par Cmn 0.0 $1.0k 59.00 16.95
Caterpillar (CAT) 0.0 $1.0k 43.00 23.26
CSX Corporation (CSX) 0.0 $1.0k 51.00 19.61
Monsanto Company 0.0 $1.0k 11.00 90.91
Range Resources (RRC) 0.0 $1.0k 21.00 47.62
Xto Energy 0.0 $2.0k 59.00 33.90
Home Depot (HD) 0.0 $4.0k 176.00 22.73
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 $999.990000 41.00 24.39
Norfolk Southern (NSC) 0.0 $999.990000 41.00 24.39
Ameren Corporation (AEE) 0.0 $999.940000 34.00 29.41
NextEra Energy 0.0 $999.960000 26.00 38.46
Medco Health Solutions 0.0 $1.0k 20.00 50.00
Apache Corporation 0.0 $1.0k 23.00 43.48
Avon Products 0.0 $999.840000 48.00 20.83
BMC Software 0.0 $2.0k 53.00 37.74
CarMax (KMX) 0.0 $1.0k 77.00 12.99
Cerner Corporation 0.0 $999.960000 12.00 83.33
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 27.00 37.04
Genuine Parts Company (GPC) 0.0 $1.0k 21.00 47.62
J.B. Hunt Transport Services (JBHT) 0.0 $999.990000 41.00 24.39
Kimberly-Clark Corporation (KMB) 0.0 $2.0k 52.00 38.46
Kohl's Corporation (KSS) 0.0 $999.900000 33.00 30.30
Kraft Foods 0.0 $3.0k 117.00 25.64
MeadWestva 0.0 $1.0k 42.00 23.81
Molex Incorporated 0.0 $999.920000 58.00 17.24
NYSE Euronext 0.0 $1.0k 44.00 22.73
Newmont Mining Corporation (NEM) 0.0 $999.900000 30.00 33.33
Northrop Grumman Corporation (NOC) 0.0 $1.0k 27.00 37.04
Nucor Corporation (NUE) 0.0 $999.880000 28.00 35.71
PPG Industries (PPG) 0.0 $1.0k 24.00 41.67
Paychex (PAYX) 0.0 $1.0k 46.00 21.74
SYSCO Corporation (SYY) 0.0 $2.0k 66.00 30.30
Travelers Companies (TRV) 0.0 $4.0k 104.00 38.46
Union Pacific Corporation (UNP) 0.0 $1.0k 32.00 31.25
Adobe Systems Incorporated (ADBE) 0.0 $2.0k 76.00 26.32
Best Buy (BBY) 0.0 $1.0k 36.00 27.78
Supervalu 0.0 $1.0k 56.00 17.86
Dow Chemical Company 0.0 $1.0k 103.00 9.71
Ross Stores (ROST) 0.0 $1.0k 21.00 47.62
C.R. Bard 0.0 $1.0k 8.00 125.00
Johnson Controls 0.0 $1.0k 60.00 16.67
Vulcan Materials Company (VMC) 0.0 $1.0k 18.00 55.56
Electronic Arts (EA) 0.0 $1.0k 43.00 23.26
Morgan Stanley (MS) 0.0 $1.0k 62.00 16.13
Newell Rubbermaid (NWL) 0.0 $999.960000 156.00 6.41
Laboratory Corp. of America Holdings 0.0 $1.0k 14.00 71.43
Rohm & Haas 0.0 $2.0k 20.00 100.00
Analog Devices (ADI) 0.0 $1.0k 46.00 21.74
Safeway 0.0 $999.960000 26.00 38.46
National-Oilwell Var 0.0 $2.0k 65.00 30.77
Unum (UNM) 0.0 $1.0k 94.00 10.64
General Motors Corp 0.0 $1.0k 715.00 1.40
Waters Corporation (WAT) 0.0 $1.0k 20.00 50.00
CVS Caremark Corporation (CVS) 0.0 $4.0k 145.00 27.59
Campbell Soup Company (CPB) 0.0 $999.900000 33.00 30.30
Becton, Dickinson and (BDX) 0.0 $2.0k 31.00 64.52
Yum! Brands (YUM) 0.0 $999.970000 19.00 52.63
Air Products & Chemicals (APD) 0.0 $2.0k 28.00 71.43
McKesson Corporation (MCK) 0.0 $1.0k 31.00 32.26
Sprint Nextel Corporation 0.0 $999.600000 204.00 4.90
Lockheed Martin Corporation (LMT) 0.0 $1.0k 20.00 50.00
Allergan 0.0 $999.900000 22.00 45.45
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 $999.780000 57.00 17.54
Capital One Financial (COF) 0.0 $999.460000 118.00 8.47
ConocoPhillips (COP) 0.0 $1.0k 36.00 27.78
Deere & Company (DE) 0.0 $2.0k 61.00 32.79
eBay (EBAY) 0.0 $1.0k 115.00 8.70
General Mills (GIS) 0.0 $3.0k 56.00 53.57
Halliburton Company (HAL) 0.0 $999.960000 39.00 25.64
Hess (HES) 0.0 $999.940000 17.00 58.82
Intuitive Surgical (ISRG) 0.0 $1.0k 10.00 100.00
Marsh & McLennan Companies 0.0 $999.950000 35.00 28.57
Motorola 0.0 $1.0k 246.00 4.07
Nike (NKE) 0.0 $3.0k 57.00 52.63
Occidental Petroleum Corporation (OXY) 0.0 $2.0k 38.00 52.63
Parker-Hannifin Corporation (PH) 0.0 $999.900000 22.00 45.45
Philip Morris International (PM) 0.0 $3.0k 71.00 42.25
Praxair 0.0 $3.0k 42.00 71.43
Symantec Corporation 0.0 $1.0k 94.00 10.64
Target Corporation (TGT) 0.0 $4.0k 114.00 35.09
Texas Instruments Incorporated (TXN) 0.0 $3.0k 163.00 18.40
United Technologies Corporation 0.0 $2.0k 47.00 42.55
UnitedHealth (UNH) 0.0 $2.0k 76.00 26.32
Apollo 0.0 $1.0k 11.00 90.91
Weyerhaeuser Company (WY) 0.0 $999.880000 28.00 35.71
Liberty Media Corp-ent Ser A E nt com ser a 0.0 $999.900000 30.00 33.33
Sun Microsystems 0.0 $999.460000 121.00 8.26
Biogen Idec (BIIB) 0.0 $2.0k 30.00 66.67
Staples 0.0 $2.0k 112.00 17.86
Williams Companies (WMB) 0.0 $999.900000 66.00 15.15
Dell 0.0 $3.0k 289.00 10.38
PG&E Corporation (PCG) 0.0 $1.0k 20.00 50.00
EMC Corporation 0.0 $3.0k 255.00 11.76
TJX Companies (TJX) 0.0 $2.0k 75.00 26.67
Henry Schein (HSIC) 0.0 $999.970000 19.00 52.63
Whole Foods Market 0.0 $1.0k 46.00 21.74
EOG Resources (EOG) 0.0 $2.0k 33.00 60.61
Lowe's Companies (LOW) 0.0 $3.0k 177.00 16.95
Coventry Health Care 0.0 $1.0k 44.00 22.73
Visa (V) 0.0 $1.0k 23.00 43.48
AutoZone (AZO) 0.0 $2.0k 10.00 200.00
Omni (OMC) 0.0 $1.0k 54.00 18.52
PPL Corporation (PPL) 0.0 $999.940000 34.00 29.41
Xcel Energy (XEL) 0.0 $999.960000 39.00 25.64
Applied Materials (AMAT) 0.0 $3.0k 268.00 11.19
C.H. Robinson Worldwide (CHRW) 0.0 $1.0k 18.00 55.56
Oracle Corporation (ORCL) 0.0 $2.0k 92.00 21.74
Precision Castparts 0.0 $1.0k 11.00 90.91
J.M. Smucker Company (SJM) 0.0 $999.940000 17.00 58.82
Genzyme Corporation 0.0 $2.0k 27.00 74.07
Southwestern Energy Company 0.0 $999.970000 19.00 52.63
Forest Laboratories 0.0 $999.900000 30.00 33.33
Zimmer Holdings (ZBH) 0.0 $999.960000 39.00 25.64
H.J. Heinz Company 0.0 $999.950000 35.00 28.57
Delta Air Lines (DAL) 0.0 $999.490000 127.00 7.87
Yahoo! 0.0 $1.0k 70.00 14.29
Amphenol Corporation (APH) 0.0 $999.960000 26.00 38.46
Invesco (IVZ) 0.0 $999.900000 55.00 18.18
salesforce (CRM) 0.0 $1.0k 18.00 55.56
Entergy Corporation (ETR) 0.0 $1.0k 15.00 66.67
Broadcom Corporation 0.0 $1.0k 53.00 18.87
Humana (HUM) 0.0 $999.900000 33.00 30.30
Key (KEY) 0.0 $1.0k 159.00 6.29
Life Technologies 0.0 $999.900000 30.00 33.33
Mirant Corporation 0.0 $1.0k 44.00 22.73
Atmos Energy Corporation (ATO) 0.0 $1.0k 23.00 43.48
Quest Diagnostics Incorporated (DGX) 0.0 $1.0k 21.00 47.62
Alliant Energy Corporation (LNT) 0.0 $999.900000 30.00 33.33
Sirius XM Radio 0.0 $2.0k 6.9k 0.29
Questar Corporation 0.0 $1.0k 36.00 27.78
MEMC Electronic Materials 0.0 $999.900000 45.00 22.22
Amylin Pharmaceuticals 0.0 $1.0k 46.00 21.74
Alliant Techsystems 0.0 $1.0k 8.00 125.00
Celgene Corporation 0.0 $1.0k 27.00 37.04
Deckers Outdoor Corporation (DECK) 0.0 $1.0k 10.00 100.00
Denbury Resources 0.0 $1.0k 38.00 26.32
URS Corporation 0.0 $1.0k 14.00 71.43
Associated Banc- (ASB) 0.0 $1.0k 46.00 21.74
Nstar 0.0 $1.0k 21.00 47.62
St. Jude Medical 0.0 $1.0k 37.00 27.03
Ametek (AME) 0.0 $999.900000 22.00 45.45
Cameron International Corporation 0.0 $1.0k 56.00 17.86
Boston Properties (BXP) 0.0 $999.970000 19.00 52.63
iShares MSCI ACWI Index Fund (ACWI) 0.0 $2.0k 59.00 33.90