0001532520-11-000022.txt : 20111103 0001532520-11-000022.hdr.sgml : 20111103 20111103141500 ACCESSION NUMBER: 0001532520-11-000022 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20101231 FILED AS OF DATE: 20111103 DATE AS OF CHANGE: 20111103 EFFECTIVENESS DATE: 20111103 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cornerstone Advisors, Inc. CENTRAL INDEX KEY: 0001532520 IRS NUMBER: 911244756 STATE OF INCORPORATION: WA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14575 FILM NUMBER: 111177250 BUSINESS ADDRESS: STREET 1: 225 108TH AVE NE, SUITE 400 CITY: BELLEVUE STATE: WA ZIP: 98004 BUSINESS PHONE: 425-646-7600 MAIL ADDRESS: STREET 1: 225 108TH AVE NE, SUITE 400 CITY: BELLEVUE STATE: WA ZIP: 98004 13F-HR 1 20101231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: Dec 31, 2010 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Cornerstone Advisors, Inc. Address: 225 108th Ave NE, Suite 400 Bellevue, WA 98004 13F File Number: 028-14575 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this submission. Person Signing thes Report on Behalf of Reporting Manager: Name: Kristin Reed Title: Chief Compliance Officer Phone: (425) 646-7600 Signature, Place, and Date of Signing: Kristin Reed Bellevue, Washington Nov 03, 2011 Report Type (Check only one.): [X] 13F HOLDINGS REPORT [ ] 13F NOTICE [ ] 13F COMBINATION REPORT List of Other Managers Reporting for this Manager: FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 192 Form 13F Information Tabel Value Total: $190,969 (thousands) List of Other Included Managers: No. 13F File Number Name NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVST OTHER VOTING NAME OF ISSUER TITLE OF CLASS CUSIP (x1000) PRN AMT PRN CALL DISCR MANAGERS SOLE SHARED NONE 3M CO COM 88579Y101 221 2556 SH SOLE 0 0 221 ABBOTT LABS COM 002824100 149 3118 SH SOLE 0 0 149 ADOBE SYS INC COM 00724F101 1 25 SH SOLE 0 0 1 AFLAC INC COM 001055102 3 62 SH SOLE 0 0 3 AIR PRODS & CHEMS INC COM 009158106 3 28 SH SOLE 0 0 3 AIRGAS INC COM 009363102 1 9 SH SOLE 0 0 1 ALEXION PHARMACEUTICALS INC COM 015351109 16 195 SH SOLE 0 0 16 ALLERGAN INC COM 018490102 2 22 SH SOLE 0 0 2 AMERICAN EXPRESS CO COM 025816109 4 103 SH SOLE 0 0 4 AMERICAN TOWER CORP CL A 029912201 1 24 SH SOLE 0 0 1 AMGEN INC COM 031162100 4 71 SH SOLE 0 0 4 ANALOG DEVICES INC COM 032654105 2 46 SH SOLE 0 0 2 APACHE CORP COM 037411105 3 21 SH SOLE 0 0 3 APPLE INC COM 037833100 28 87 SH SOLE 0 0 28 APPLIED MATLS INC COM 038222105 2 164 SH SOLE 0 0 2 AT&T INC COM 00206R102 235 8000 SH SOLE 0 0 235 AUTOZONE INC COM 053332102 1 5 SH SOLE 0 0 1 AVON PRODS INC COM 054303102 1 45 SH SOLE 0 0 1 BALDOR ELEC CO COM 057741100 1 12 SH SOLE 0 0 1 BANK OF NEW YORK MELLON CORP COM 064058100 3 101 SH SOLE 0 0 3 BARCLAYS BK PLC DJUBS CMDT ETN3 06738C778 301 6134 SH SOLE 0 0 301 BAXTER INTL INC COM 071813109 104 2063 SH SOLE 0 0 104 BB&T CORP COM 054937107 2 65 SH SOLE 0 0 2 BECTON DICKINSON & CO COM 075887109 3 31 SH SOLE 0 0 3 BEMIS INC COM 081437105 14184 434281 SH SOLE 0 0 14184 BIOGEN IDEC INC COM 09062X103 2 30 SH SOLE 0 0 2 BLACKROCK INC COM 09247X101 2 10 SH SOLE 0 0 2 BMC SOFTWARE INC COM 055921100 1 26 SH SOLE 0 0 1 BOEING CO COM 097023105 78 1200 SH SOLE 0 0 78 BORGWARNER INC COM 099724106 1 8 SH SOLE 0 0 1 BOSTON PROPERTIES INC COM 101121101 2 18 SH SOLE 0 0 2 BRISTOL MYERS SQUIBB CO COM 110122108 3 123 SH SOLE 0 0 3 C H ROBINSON WORLDWIDE INC COM NEW 12541W209 14 177 SH SOLE 0 0 14 CAMERON INTERNATIONAL CORP COM 13342B105 1 20 SH SOLE 0 0 1 CAMPBELL SOUP CO COM 134429109 1 33 SH SOLE 0 0 1 CAPITAL ONE FINL CORP COM 14040H105 3 62 SH SOLE 0 0 3 CARMAX INC COM 143130102 2 61 SH SOLE 0 0 2 CENOVUS ENERGY INC COM 15135U109 12 350 SH SOLE 0 0 12 CHEVRON CORP NEW COM 166764100 183 2000 SH SOLE 0 0 183 CHUBB CORP COM 171232101 2 28 SH SOLE 0 0 2 CINCINNATI FINL CORP COM 172062101 1 17 SH SOLE 0 0 1 CISCO SYS INC COM 17275R102 160 7929 SH SOLE 0 0 160 CME GROUP INC COM 12572Q105 2 6 SH SOLE 0 0 2 COACH INC COM 189754104 2 29 SH SOLE 0 0 2 COLGATE PALMOLIVE CO COM 194162103 125 1552 SH SOLE 0 0 125 CORNING INC COM 219350105 3 143 SH SOLE 0 0 3 COSTCO WHSL CORP NEW COM 22160K105 31 435 SH SOLE 0 0 31 CREE INC COM 225447101 1 10 SH SOLE 0 0 1 CSX CORP COM 126408103 3 43 SH SOLE 0 0 3 CUMMINS INC COM 231021106 1 5 SH SOLE 0 0 1 CVS CAREMARK CORPORATION COM 126650100 4 105 SH SOLE 0 0 4 DECKERS OUTDOOR CORP COM 243537107 2 21 SH SOLE 0 0 2 DEERE & CO COM 244199105 4 51 SH SOLE 0 0 4 DELL INC COM 24702R101 2 162 SH SOLE 0 0 2 DENTSPLY INTL INC NEW COM 249030107 68 2000 SH SOLE 0 0 68 DEVON ENERGY CORP NEW COM 25179M103 4 52 SH SOLE 0 0 4 DIAMOND OFFSHORE DRILLING IN COM 25271C102 1 18 SH SOLE 0 0 1 DIONEX CORP COM 254546104 1 5 SH SOLE 0 0 1 DISNEY WALT CO COM DISNEY 254687106 7 184 SH SOLE 0 0 7 E M C CORP MASS COM 268648102 5 197 SH SOLE 0 0 5 E M C CORP MASS NOTE 1.750%12/0 268648AK8 14 10000 SH SOLE 0 0 14 EBAY INC COM 278642103 4 138 SH SOLE 0 0 4 EDWARDS LIFESCIENCES CORP COM 28176E108 2 26 SH SOLE 0 0 2 EMERSON ELEC CO COM 291011104 5 84 SH SOLE 0 0 5 ENCANA CORP COM 292505104 10 350 SH SOLE 0 0 10 EOG RES INC COM 26875P101 3 30 SH SOLE 0 0 3 EXXON MOBIL CORP COM 30231G102 5 71 SH SOLE 0 0 5 FEDEX CORP COM 31428X106 3 30 SH SOLE 0 0 3 FIFTH THIRD BANCORP COM 316773100 1 66 SH SOLE 0 0 1 FIRST CASH FINL SVCS INC COM 31942D107 37 1200 SH SOLE 0 0 37 FISERV INC COM 337738108 117 2000 SH SOLE 0 0 117 FRANKLIN RES INC COM 354613101 3 24 SH SOLE 0 0 3 FRONTIER COMMUNICATIONS CORP COM 35906A108 3 283 SH SOLE 0 0 3 GAP INC DEL COM 364760108 1 26 SH SOLE 0 0 1 GENERAL CABLE CORP DEL NEW COM 369300108 1 27 SH SOLE 0 0 1 GENERAL ELECTRIC CO COM 369604103 63 3459 SH SOLE 0 0 63 GENERAL MLS INC COM 370334104 2 50 SH SOLE 0 0 2 GENUINE PARTS CO COM 372460105 1 16 SH SOLE 0 0 1 GENZYME CORP COM 372917104 2 24 SH SOLE 0 0 2 GILEAD SCIENCES INC COM 375558103 3 76 SH SOLE 0 0 3 GOOGLE INC CL A 38259P508 61 103 SH SOLE 0 0 61 GREEN MTN COFFEE ROASTERS IN COM 393122106 1 42 SH SOLE 0 0 1 HEALTH MGMT ASSOC INC NEW CL A 421933102 1 69 SH SOLE 0 0 1 HEINZ H J CO COM 423074103 2 31 SH SOLE 0 0 2 HEWLETT PACKARD CO COM 428236103 179 4240 SH SOLE 0 0 179 HILL ROM HLDGS INC COM 431475102 1 14 SH SOLE 0 0 1 HMS HLDGS CORP COM 40425J101 14 213 SH SOLE 0 0 14 HOME DEPOT INC COM 437076102 6 165 SH SOLE 0 0 6 HUMANA INC COM 444859102 1 13 SH SOLE 0 0 1 HUNT J B TRANS SVCS INC COM 445658107 1 34 SH SOLE 0 0 1 ILLINOIS TOOL WKS INC COM 452308109 3 56 SH SOLE 0 0 3 ILLUMINA INC COM 452327109 1 8 SH SOLE 0 0 1 INTEL CORP COM 458140100 10 457 SH SOLE 0 0 10 INTERNATIONAL BUSINESS MACHS COM 459200101 17 115 SH SOLE 0 0 17 INTUITIVE SURGICAL INC COM NEW 46120E602 1 5 SH SOLE 0 0 1 ISHARES TR MSCI EAFE IDX 464287465 10 173 SH SOLE 0 0 10 ISHARES TR RUSSELL1000GRW 464287614 171 2991 SH SOLE 0 0 171 ISHARES TR RUSSELL 1000 464287622 66525 952260 SH SOLE 66525 0 0 ISHARES TR RUSSELL 2000 464287655 15569 198994 SH SOLE 15569 0 0 ISHARES TR RUSSELL 3000 464287689 1641 21892 SH SOLE 1641 0 0 JOHNSON & JOHNSON COM 478160104 139 2251 SH SOLE 0 0 139 JOHNSON CTLS INC COM 478366107 2 60 SH SOLE 0 0 2 KAYNE ANDERSON MLP INVSMNT C COM 486606106 43032 1367406 SH SOLE 43032 0 0 KELLOGG CO COM 487836108 1 25 SH SOLE 0 0 1 KIMBERLY CLARK CORP COM 494368103 2 30 SH SOLE 0 0 2 KOHLS CORP COM 500255104 2 30 SH SOLE 0 0 2 KRAFT FOODS INC CL A 50075N104 4 129 SH SOLE 0 0 4 LIBERTY PPTY TR SH BEN INT 531172104 1 24 SH SOLE 0 0 1 LINCOLN NATL CORP IND COM 534187109 1 38 SH SOLE 0 0 1 LIZ CLAIBORNE INC COM 539320101 1 72 SH SOLE 0 0 1 LOWES COS INC COM 548661107 3 131 SH SOLE 0 0 3 LUBRIZOL CORP COM 549271104 1 5 SH SOLE 0 0 1 MASCO CORP COM 574599106 1 44 SH SOLE 0 0 1 MCDONALDS CORP COM 580135101 8 102 SH SOLE 0 0 8 MCKESSON CORP COM 58155Q103 2 31 SH SOLE 0 0 2 MEADWESTVACO CORP COM 583334107 1 42 SH SOLE 0 0 1 MEDTRONIC INC COM 585055106 151 4075 SH SOLE 0 0 151 MERCK & CO INC NEW COM 58933Y105 9 256 SH SOLE 0 0 9 MICROSOFT CORP COM 594918104 5937 212704 SH SOLE 0 0 5937 NALCO HOLDING COMPANY COM 62985q101 1 20 SH SOLE 0 0 1 NATIONAL OILWELL VARCO INC COM 637071101 3 44 SH SOLE 0 0 3 NETGEAR INC COM 64111Q104 14 406 SH SOLE 0 0 14 NEWFIELD EXPL CO COM 651290108 1 8 SH SOLE 0 0 1 NIKE INC CL B 654106103 2 27 SH SOLE 0 0 2 NISOURCE INC COM 65473P105 1 30 SH SOLE 0 0 1 NOBLE ENERGY INC COM 655044105 1 9 SH SOLE 0 0 1 NORDSTROM INC COM 655664100 13770 324912 SH SOLE 0 0 13770 NORFOLK SOUTHERN CORP COM 655844108 128 2041 SH SOLE 0 0 128 NORTHERN TR CORP COM 665859104 2 29 SH SOLE 0 0 2 NSTAR COM 67019E107 1 15 SH SOLE 0 0 1 NUCOR CORP COM 670346105 2 47 SH SOLE 0 0 2 OMNICOM GROUP INC COM 681919106 2 48 SH SOLE 0 0 2 PAYCHEX INC COM 704326107 1 17 SH SOLE 0 0 1 PENNEY J C INC COM 708160106 1 21 SH SOLE 0 0 1 PEP BOYS MANNY MOE & JACK COM 713278109 1 42 SH SOLE 0 0 1 PEPCO HOLDINGS INC COM 713291102 1 43 SH SOLE 0 0 1 PEPSICO INC COM 713448108 88 1344 SH SOLE 0 0 88 PFIZER INC COM 717081103 23 1292 SH SOLE 0 0 23 PIMCO ETF TR ENHAN SHRT MAT 72201R833 12745 126548 SH SOLE 0 0 12745 PIONEER NAT RES CO COM 723787107 1 10 SH SOLE 0 0 1 PLANTRONICS INC NEW COM 727493108 1 16 SH SOLE 0 0 1 PNC FINL SVCS GROUP INC COM 693475105 3 54 SH SOLE 0 0 3 PRAXAIR INC COM 74005P104 3 30 SH SOLE 0 0 3 PROCTER & GAMBLE CO COM 742718109 208 3241 SH SOLE 0 0 208 PROGRESSIVE CORP OHIO COM 743315103 2 81 SH SOLE 0 0 2 QUALCOMM INC COM 747525103 6 124 SH SOLE 0 0 6 QUEST DIAGNOSTICS INC COM 74834L100 1 17 SH SOLE 0 0 1 QUESTAR CORP COM 748356102 1 36 SH SOLE 0 0 1 RACKSPACE HOSTING INC COM 750086100 17 553 SH SOLE 0 0 17 RED HAT INC COM 756577102 1 17 SH SOLE 0 0 1 ROCKWELL AUTOMATION INC COM 773903109 1 9 SH SOLE 0 0 1 SALESFORCE COM INC COM 79466L302 2 18 SH SOLE 0 0 2 SCHWAB CHARLES CORP NEW COM 808513105 2 119 SH SOLE 0 0 2 SEAGATE TECHNOLOGY PLC SHS G7945M107 2 141 SH SOLE 0 0 2 SIGMA ALDRICH CORP COM 826552101 1 10 SH SOLE 0 0 1 SIRIUS XM RADIO INC COM 82967N108 11 6923 SH SOLE 0 0 11 SOUTHWESTERN ENERGY CO COM 845467109 1 19 SH SOLE 0 0 1 SPDR INDEX SHS FDS MSCI ACWI EXUS 78463x848 9 269 SH SOLE 0 0 9 SPECTRA ENERGY CORP COM 847560109 2 83 SH SOLE 0 0 2 SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 1 28 SH SOLE 0 0 1 SPRINT NEXTEL CORP COM SER 1 852061100 1 219 SH SOLE 0 0 1 STANLEY BLACK & DECKER INC COM 854502101 1 12 SH SOLE 0 0 1 STAPLES INC COM 855030102 1 58 SH SOLE 0 0 1 STARBUCKS CORP COM 855244109 704 21921 SH SOLE 0 0 704 STATE STR CORP COM 857477103 1 32 SH SOLE 0 0 1 STRYKER CORP COM 863667101 2 35 SH SOLE 0 0 2 SUNTRUST BKS INC COM 867914103 2 56 SH SOLE 0 0 2 SYMANTEC CORP COM 871503108 2 94 SH SOLE 0 0 2 SYSCO CORP COM 871829107 2 83 SH SOLE 0 0 2 TARGET CORP COM 87612E106 3 51 SH SOLE 0 0 3 TEVA PHARMACEUTICAL FIN II L DBCV 0.500% 2/0 88164raa5 4 3000 SH SOLE 0 0 4 TEXAS INSTRS INC COM 882508104 5 144 SH SOLE 0 0 5 THERMO FISHER SCIENTIFIC INC COM 883556102 2 33 SH SOLE 0 0 2 TJX COS INC NEW COM 872540109 2 56 SH SOLE 0 0 2 TRAVELERS COMPANIES INC COM 89417E109 3 62 SH SOLE 0 0 3 UNITED PARCEL SERVICE INC CL B 911312106 4 59 SH SOLE 0 0 4 US BANCORP DEL COM NEW 902973304 3 117 SH SOLE 0 0 3 VANGUARD INDEX FDS SML CP GRW ETF 922908595 539 6913 SH SOLE 0 0 539 VANGUARD INDEX FDS STK MRK ETF 922908769 1238 19065 SH SOLE 0 0 1238 VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 10922 109638 SH SOLE 0 0 10922 VERIZON COMMUNICATIONS INC COM 92343V104 19 517 SH SOLE 0 0 19 WAL MART STORES INC COM 931142103 539 10000 SH SOLE 0 0 539 WALGREEN CO COM 931422109 82 2099 SH SOLE 0 0 82 WELLPOINT INC COM 94973V107 3 50 SH SOLE 0 0 3 WELLS FARGO & CO NEW COM 949746101 12 403 SH SOLE 0 0 12 WHIRLPOOL CORP COM 963320106 1 6 SH SOLE 0 0 1 WHOLE FOODS MKT INC COM 966837106 1 16 SH SOLE 0 0 1 WILLIAMS COS INC DEL COM 969457100 1 38 SH SOLE 0 0 1 WINDSTREAM CORP COM 97381W104 1 50 SH SOLE 0 0 1 XEROX CORP COM 984121103 1 82 SH SOLE 0 0 1 YAHOO INC COM 984332106 1 43 SH SOLE 0 0 1 ZIMMER HLDGS INC COM 98956P102 1 19 SH SOLE 0 0 1