0001532520-11-000025.txt : 20111103 0001532520-11-000025.hdr.sgml : 20111103 20111103142000 ACCESSION NUMBER: 0001532520-11-000025 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110930 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: 111177266 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 20110930.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: Sep 30, 2011 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: 181 Form 13F Information Tabel Value Total: $187,623 (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 185 2576 SH SOLE 0 0 185 ABBOTT LABS COM 002824100 162 3165 SH SOLE 0 0 162 ADOBE SYS INC COM 00724F101 1 25 SH SOLE 0 0 1 AFLAC INC COM 001055102 1 39 SH SOLE 0 0 1 AGNICO EAGLE MINES LTD COM 008474108 10 160 SH SOLE 0 0 10 AIR PRODS & CHEMS INC COM 009158106 2 28 SH SOLE 0 0 2 AIRGAS INC COM 009363102 1 9 SH SOLE 0 0 1 ALLERGAN INC COM 018490102 2 22 SH SOLE 0 0 2 AMERICAN EXPRESS CO COM 025816109 5 103 SH SOLE 0 0 5 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 1 46 SH SOLE 0 0 1 APACHE CORP COM 037411105 2 22 SH SOLE 0 0 2 APPLIED MATLS INC COM 038222105 2 164 SH SOLE 0 0 2 AT&T INC COM 00206R102 228 8000 SH SOLE 0 0 228 AUTOZONE INC COM 053332102 2 5 SH SOLE 0 0 2 AVON PRODS INC COM 054303102 1 45 SH SOLE 0 0 1 BANK OF NEW YORK MELLON CORP COM 064058100 1 47 SH SOLE 0 0 1 BARCLAYS BK PLC DJUBS CMDT ETN3 06738C778 189 4520 SH SOLE 0 0 189 BAXTER INTL INC COM 071813109 116 2063 SH SOLE 0 0 116 BECTON DICKINSON & CO COM 075887109 2 31 SH SOLE 0 0 2 BED BATH & BEYOND INC COM 075896100 2 28 SH SOLE 0 0 2 BEMIS INC COM 081437105 9006 307281 SH SOLE 0 0 9006 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 15 216 SH SOLE 0 0 15 BEST BUY INC COM 086516101 1 32 SH SOLE 0 0 1 BIOGEN IDEC INC COM 09062X103 3 30 SH SOLE 0 0 3 BLACKROCK INC COM 09247X101 1 10 SH SOLE 0 0 1 BMC SOFTWARE INC COM 055921100 1 26 SH SOLE 0 0 1 BOEING CO COM 097023105 73 1200 SH SOLE 0 0 73 BOSTON PROPERTIES INC COM 101121101 2 18 SH SOLE 0 0 2 BRISTOL MYERS SQUIBB CO COM 110122108 4 129 SH SOLE 0 0 4 C H ROBINSON WORLDWIDE INC COM NEW 12541W209 1 19 SH SOLE 0 0 1 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 2 62 SH SOLE 0 0 2 CARMAX INC COM 143130102 1 61 SH SOLE 0 0 1 CENOVUS ENERGY INC COM 15135U109 11 350 SH SOLE 0 0 11 CENTRAL FD CDA LTD CL A 153501101 9 440 SH SOLE 0 0 9 CERNER CORP COM 156782104 1 10 SH SOLE 0 0 1 CHEVRON CORP NEW COM 166764100 185 2000 SH SOLE 0 0 185 CHUBB CORP COM 171232101 2 28 SH SOLE 0 0 2 CISCO SYS INC COM 17275R102 131 8459 SH SOLE 0 0 131 CITIGROUP INC COM NEW 172967424 1 46 SH SOLE 0 0 1 CME GROUP INC COM 12572Q105 1 6 SH SOLE 0 0 1 COACH INC COM 189754104 2 29 SH SOLE 0 0 2 COINSTAR INC COM 19259P300 250 6250 SH SOLE 0 0 250 COLGATE PALMOLIVE CO COM 194162103 138 1552 SH SOLE 0 0 138 CORNING INC COM 219350105 2 201 SH SOLE 0 0 2 COSTCO WHSL CORP NEW COM 22160K105 53 640 SH SOLE 0 0 53 CROWN CASTLE INTL CORP COM 228227104 1 32 SH SOLE 0 0 1 CSX CORP COM 126408103 2 129 SH SOLE 0 0 2 CVS CAREMARK CORPORATION COM 126650100 4 105 SH SOLE 0 0 4 DECKERS OUTDOOR CORP COM 243537107 2 18 SH SOLE 0 0 2 DEERE & CO COM 244199105 3 51 SH SOLE 0 0 3 DELL INC COM 24702R101 5 362 SH SOLE 0 0 5 DENBURY RES INC COM NEW 247916208 1 88 SH SOLE 0 0 1 DENTSPLY INTL INC NEW COM 249030107 61 2000 SH SOLE 0 0 61 DEVON ENERGY CORP NEW COM 25179M103 2 38 SH SOLE 0 0 2 DIAMOND OFFSHORE DRILLING IN COM 25271C102 1 18 SH SOLE 0 0 1 DISCOVER FINL SVCS COM 254709108 1 34 SH SOLE 0 0 1 DISNEY WALT CO COM DISNEY 254687106 6 184 SH SOLE 0 0 6 E M C CORP MASS COM 268648102 4 197 SH SOLE 0 0 4 E M C CORP MASS NOTE 1.750%12/0 268648AK8 13 10000 SH SOLE 0 0 13 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 3 84 SH SOLE 0 0 3 ENCANA CORP COM 292505104 7 350 SH SOLE 0 0 7 EOG RES INC COM 26875P101 3 36 SH SOLE 0 0 3 EQT CORP COM 26884L109 2 33 SH SOLE 0 0 2 EXXON MOBIL CORP COM 30231G102 5 71 SH SOLE 0 0 5 F5 NETWORKS INC COM 315616102 4 50 SH SOLE 0 0 4 FIFTH THIRD BANCORP COM 316773100 1 66 SH SOLE 0 0 1 FIRST CASH FINL SVCS INC COM 31942D107 50 1200 SH SOLE 0 0 50 FISERV INC COM 337738108 102 2000 SH SOLE 0 0 102 FRANKLIN RES INC COM 354613101 2 24 SH SOLE 0 0 2 FRONTIER COMMUNICATIONS CORP COM 35906A108 1 158 SH SOLE 0 0 1 GENERAL CABLE CORP DEL NEW COM 369300108 1 27 SH SOLE 0 0 1 GENERAL ELECTRIC CO COM 369604103 39 2540 SH SOLE 0 0 39 GENERAL MLS INC COM 370334104 2 50 SH SOLE 0 0 2 GENUINE PARTS CO COM 372460105 1 16 SH SOLE 0 0 1 GILEAD SCIENCES INC COM 375558103 3 76 SH SOLE 0 0 3 GOOGLE INC CL A 38259P508 53 103 SH SOLE 0 0 53 GREEN MTN COFFEE ROASTERS IN COM 393122106 2 25 SH SOLE 0 0 2 HARLEY DAVIDSON INC COM 412822108 1 17 SH SOLE 0 0 1 HEINZ H J CO COM 423074103 2 31 SH SOLE 0 0 2 HEWLETT PACKARD CO COM 428236103 95 4240 SH SOLE 0 0 95 HOME DEPOT INC COM 437076102 5 165 SH SOLE 0 0 5 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 2 56 SH SOLE 0 0 2 INTEL CORP COM 458140100 10 468 SH SOLE 0 0 10 INTERCONTINENTALEXCHANGE INC COM 45865V100 2 17 SH SOLE 0 0 2 INTERNATIONAL BUSINESS MACHS COM 459200101 20 115 SH SOLE 0 0 20 INTUITIVE SURGICAL INC COM NEW 46120E602 2 5 SH SOLE 0 0 2 ISHARES INC MSCI BRAZIL 464286400 2 40 SH SOLE 0 0 2 ISHARES TR MSCI EAFE INDEX 464287465 95 1979 SH SOLE 0 0 95 ISHARES TR RUSSELL1000GRW 464287614 153 2911 SH SOLE 0 0 153 ISHARES TR RUSSELL 1000 464287622 66716 1066775 SH SOLE 66716 0 0 ISHARES TR RUSSELL 2000 464287655 13231 205767 SH SOLE 13231 0 0 ISHARES TR RUSSELL 3000 464287689 1571 23537 SH SOLE 1571 0 0 ISHARES TR MSCI ACWI EX 464288240 32 927 SH SOLE 0 0 32 JOHNSON & JOHNSON COM 478160104 143 2251 SH SOLE 0 0 143 JOHNSON CTLS INC COM 478366107 2 60 SH SOLE 0 0 2 KAYNE ANDERSON MLP INVSMNT C COM 486606106 39235 1410310 SH SOLE 39235 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 1 30 SH SOLE 0 0 1 KRAFT FOODS INC CL A 50075N104 4 129 SH SOLE 0 0 4 LEGG MASON INC COM 524901105 1 55 SH SOLE 0 0 1 LEXMARK INTL NEW CL A 529771107 1 19 SH SOLE 0 0 1 LOWES COS INC COM 548661107 3 131 SH SOLE 0 0 3 MCDONALDS CORP COM 580135101 9 102 SH SOLE 0 0 9 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 135 4075 SH SOLE 0 0 135 MERCK & CO INC NEW COM 58933Y105 8 240 SH SOLE 0 0 8 MICROSOFT CORP COM 594918104 1077 43255 SH SOLE 0 0 1077 NALCO HOLDING COMPANY COM 62985q101 1 20 SH SOLE 0 0 1 NATIONAL OILWELL VARCO INC COM 637071101 2 44 SH SOLE 0 0 2 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 NOKIA CORP SPONSORED ADR 654902204 24 4180 SH SOLE 0 0 24 NORDSTROM INC COM 655664100 14842 324912 SH SOLE 0 0 14842 NORFOLK SOUTHERN CORP COM 655844108 125 2041 SH SOLE 0 0 125 NSTAR COM 67019E107 1 15 SH SOLE 0 0 1 NUCOR CORP COM 670346105 1 28 SH SOLE 0 0 1 PEPCO HOLDINGS INC COM 713291102 1 43 SH SOLE 0 0 1 PEPSICO INC COM 713448108 83 1344 SH SOLE 0 0 83 PIMCO ETF TR ENHAN SHRT MAT 72201R833 26657 265450 SH SOLE 0 0 26657 PIONEER NAT RES CO COM 723787107 1 10 SH SOLE 0 0 1 PNC FINL SVCS GROUP INC COM 693475105 3 72 SH SOLE 0 0 3 POTLATCH CORP NEW COM 737630103 1 25 SH SOLE 0 0 1 PRAXAIR INC COM 74005P104 3 30 SH SOLE 0 0 3 PROCTER & GAMBLE CO COM 742718109 207 3273 SH SOLE 0 0 207 PROGRESSIVE CORP OHIO COM 743315103 1 78 SH SOLE 0 0 1 PROLOGIS INC COM 74340W103 1 21 SH SOLE 0 0 1 QEP RES INC COM 74733V100 1 30 SH SOLE 0 0 1 QUALCOMM INC COM 747525103 6 124 SH SOLE 0 0 6 QUANTA SVCS INC COM 74762E102 1 72 SH SOLE 0 0 1 QUEST DIAGNOSTICS INC COM 74834L100 1 17 SH SOLE 0 0 1 QUESTAR CORP COM 748356102 1 36 SH SOLE 0 0 1 RED HAT INC COM 756577102 1 17 SH SOLE 0 0 1 ROCKWELL AUTOMATION INC COM 773903109 1 9 SH SOLE 0 0 1 ROPER INDS INC NEW COM 776696106 1 19 SH SOLE 0 0 1 SALESFORCE COM INC COM 79466L302 2 18 SH SOLE 0 0 2 SCHWAB CHARLES CORP NEW COM 808513105 1 119 SH SOLE 0 0 1 SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 1 30 SH SOLE 0 0 1 SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 1 32 SH SOLE 0 0 1 SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 1 18 SH SOLE 0 0 1 SIGMA ALDRICH CORP COM 826552101 1 10 SH SOLE 0 0 1 SIMPSON MANUFACTURING CO INC COM 829073105 1 30 SH SOLE 0 0 1 SIRIUS XM RADIO INC COM 82967N108 10 6923 SH SOLE 0 0 10 SOUTHWESTERN ENERGY CO COM 845467109 1 19 SH SOLE 0 0 1 SPDR INDEX SHS FDS MSCI ACWI EXUS 78463x848 7 269 SH SOLE 0 0 7 SPECTRA ENERGY CORP COM 847560109 2 83 SH SOLE 0 0 2 STANLEY BLACK & DECKER INC COM 854502101 1 12 SH SOLE 0 0 1 STARBUCKS CORP COM 855244109 733 19661 SH SOLE 0 0 733 STRYKER CORP COM 863667101 2 35 SH SOLE 0 0 2 SUPERVALU INC COM 868536103 62 9334 SH SOLE 0 0 62 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 58 SH SOLE 0 0 3 TEVA PHARMACEUTICAL FIN II L DBCV 0.500% 2/0 88164raa5 3 3000 SH SOLE 0 0 3 TEXAS INSTRS INC COM 882508104 4 144 SH SOLE 0 0 4 THERMO FISHER SCIENTIFIC INC COM 883556102 2 33 SH SOLE 0 0 2 TJX COS INC NEW COM 872540109 3 56 SH SOLE 0 0 3 TRAVELERS COMPANIES INC COM 89417E109 3 59 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 5 223 SH SOLE 0 0 5 VANGUARD INDEX FDS TOTAL STK MKT 922908769 1420 24602 SH SOLE 0 0 1420 VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 8915 113641 SH SOLE 0 0 8915 VERIZON COMMUNICATIONS INC COM 92343V104 19 517 SH SOLE 0 0 19 VMWARE INC CL A COM 928563402 46 575 SH SOLE 0 0 46 WAL MART STORES INC COM 931142103 542 10447 SH SOLE 0 0 542 WALGREEN CO COM 931422109 69 2099 SH SOLE 0 0 69 WELLPOINT INC COM 94973V107 3 50 SH SOLE 0 0 3 WHOLE FOODS MKT INC COM 966837106 1 16 SH SOLE 0 0 1 WINDSTREAM CORP COM 97381W104 1 91 SH SOLE 0 0 1 XEROX CORP COM 984121103 1 137 SH SOLE 0 0 1 ZIMMER HLDGS INC COM 98956P102 1 19 SH SOLE 0 0 1