0001532520-11-000024.txt : 20111103 0001532520-11-000024.hdr.sgml : 20111103 20111103141900 ACCESSION NUMBER: 0001532520-11-000024 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20110630 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: 111177263 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 20110630.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: Jun 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: 209 Form 13F Information Tabel Value Total: $200,121 (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 242 2556 SH SOLE 0 0 242 ABBOTT LABS COM 002824100 164 3118 SH SOLE 0 0 164 ADOBE SYS INC COM 00724F101 2 48 SH SOLE 0 0 2 AFFYMETRIX INC COM 00826T108 1 68 SH SOLE 0 0 1 AFLAC INC COM 001055102 3 58 SH SOLE 0 0 3 AGNICO EAGLE MINES LTD COM 008474108 63 1000 SH SOLE 0 0 63 AIR PRODS & CHEMS INC COM 009158106 3 28 SH SOLE 0 0 3 AIRGAS INC COM 009363102 1 9 SH SOLE 0 0 1 ALCOA INC COM 013817101 1 33 SH SOLE 0 0 1 ALLERGAN INC COM 018490102 2 22 SH SOLE 0 0 2 AMAZON COM INC COM 023135106 6 30 SH SOLE 0 0 6 AMERICAN EXPRESS CO COM 025816109 5 103 SH SOLE 0 0 5 AMERICAN TOWER CORP CL A 029912201 2 46 SH SOLE 0 0 2 AMGEN INC COM 031162100 5 79 SH SOLE 0 0 5 ANALOG DEVICES INC COM 032654105 2 46 SH SOLE 0 0 2 APACHE CORP COM 037411105 3 26 SH SOLE 0 0 3 APPLIED MATLS INC COM 038222105 2 164 SH SOLE 0 0 2 ASIA TIGERS FD INC COM 04516T105 6 300 SH SOLE 0 0 6 AT&T INC COM 00206R102 251 8000 SH SOLE 0 0 251 AUTOZONE INC COM 053332102 1 5 SH SOLE 0 0 1 AVON PRODS INC COM 054303102 1 45 SH SOLE 0 0 1 BANK OF NEW YORK MELLON CORP COM 064058100 3 128 SH SOLE 0 0 3 BARCLAYS BK PLC DJUBS CMDT ETN3 06738C778 213 4520 SH SOLE 0 0 213 BAXTER INTL INC COM 071813109 123 2063 SH SOLE 0 0 123 BB&T CORP COM 054937107 2 89 SH SOLE 0 0 2 BECTON DICKINSON & CO COM 075887109 3 31 SH SOLE 0 0 3 BED BATH & BEYOND INC COM 075896100 2 28 SH SOLE 0 0 2 BEMIS INC COM 081437105 10725 317481 SH SOLE 0 0 10725 BIOGEN IDEC INC COM 09062X103 3 30 SH SOLE 0 0 3 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 89 1200 SH SOLE 0 0 89 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 4 123 SH SOLE 0 0 4 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 13 350 SH SOLE 0 0 13 CENTRAL FD CDA LTD CL A 153501101 41 2000 SH SOLE 0 0 41 CERNER CORP COM 156782104 1 10 SH SOLE 0 0 1 CHEVRON CORP NEW COM 166764100 206 2000 SH SOLE 0 0 206 CHINA FD INC COM 169373107 6 206 SH SOLE 0 0 6 CHOICE HOTELS INTL INC COM 169905106 1 15 SH SOLE 0 0 1 CHUBB CORP COM 171232101 2 28 SH SOLE 0 0 2 CISCO SYS INC COM 17275R102 123 7897 SH SOLE 0 0 123 CITIGROUP INC COM NEW 172967424 2 46 SH SOLE 0 0 2 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 136 1552 SH SOLE 0 0 136 COOPER INDUSTRIES PLC SHS G24140108 1 18 SH SOLE 0 0 1 CORNING INC COM 219350105 3 143 SH SOLE 0 0 3 COSTCO WHSL CORP NEW COM 22160K105 35 435 SH SOLE 0 0 35 CSX CORP COM 126408103 3 129 SH SOLE 0 0 3 CUMMINS INC COM 231021106 1 5 SH SOLE 0 0 1 CVS CAREMARK CORPORATION COM 126650100 5 129 SH SOLE 0 0 5 DARDEN RESTAURANTS INC COM 237194105 1 19 SH SOLE 0 0 1 DECKERS OUTDOOR CORP COM 243537107 2 18 SH SOLE 0 0 2 DEERE & CO COM 244199105 4 51 SH SOLE 0 0 4 DELL INC COM 24702R101 3 186 SH SOLE 0 0 3 DENTSPLY INTL INC NEW COM 249030107 76 2000 SH SOLE 0 0 76 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 DISNEY WALT CO COM DISNEY 254687106 11 274 SH SOLE 0 0 11 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 17 10000 SH SOLE 0 0 17 EBAY INC COM 278642103 4 138 SH SOLE 0 0 4 ECOLAB INC COM 278865100 1 13 SH SOLE 0 0 1 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 11 350 SH SOLE 0 0 11 EOG RES INC COM 26875P101 3 30 SH SOLE 0 0 3 EXXON MOBIL CORP COM 30231G102 6 71 SH SOLE 0 0 6 F5 NETWORKS INC COM 315616102 6 50 SH SOLE 0 0 6 FEDEX CORP COM 31428X106 3 30 SH SOLE 0 0 3 FIFTH THIRD BANCORP COM 316773100 1 109 SH SOLE 0 0 1 FIRST CASH FINL SVCS INC COM 31942D107 50 1200 SH SOLE 0 0 50 FISERV INC COM 337738108 125 2000 SH SOLE 0 0 125 FOOT LOCKER INC COM 344849104 1 23 SH SOLE 0 0 1 FRANKLIN RES INC COM 354613101 3 24 SH SOLE 0 0 3 FRONTIER COMMUNICATIONS CORP COM 35906A108 2 283 SH SOLE 0 0 2 GENERAL CABLE CORP DEL NEW COM 369300108 1 27 SH SOLE 0 0 1 GENERAL ELECTRIC CO COM 369604103 48 2540 SH SOLE 0 0 48 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 52 103 SH SOLE 0 0 52 GREEN MTN COFFEE ROASTERS IN COM 393122106 3 30 SH SOLE 0 0 3 HARLEY DAVIDSON INC COM 412822108 1 17 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 HESS CORP COM 42809H107 1 11 SH SOLE 0 0 1 HEWLETT PACKARD CO COM 428236103 154 4240 SH SOLE 0 0 154 HILL ROM HLDGS INC COM 431475102 1 14 SH SOLE 0 0 1 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 2 34 SH SOLE 0 0 2 ILLINOIS TOOL WKS INC COM 452308109 3 56 SH SOLE 0 0 3 ILLUMINA INC COM 452327109 1 8 SH SOLE 0 0 1 INGERSOLL-RAND PLC SHS g47791101 1 18 SH SOLE 0 0 1 INTEL CORP COM 458140100 11 479 SH SOLE 0 0 11 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 INVESCO LTD SHS G491BT108 1 27 SH SOLE 0 0 1 ISHARES INC MSCI BRAZIL 464286400 3 40 SH SOLE 0 0 3 ISHARES TR MSCI EAFE INDEX 464287465 119 1979 SH SOLE 0 0 119 ISHARES TR RUSSELL1000GRW 464287614 182 2991 SH SOLE 0 0 182 ISHARES TR RUSSELL 1000 464287622 76605 1036738 SH SOLE 76605 0 0 ISHARES TR RUSSELL 2000 464287655 16669 201313 SH SOLE 16669 0 0 ISHARES TR RUSSELL 3000 464287689 1851 23348 SH SOLE 1851 0 0 ISHARES TR MSCI ACWI EX 464288240 21 462 SH SOLE 0 0 21 ITRON INC COM 465741106 1 14 SH SOLE 0 0 1 JOHNSON & JOHNSON COM 478160104 150 2251 SH SOLE 0 0 150 JOHNSON CTLS INC COM 478366107 2 60 SH SOLE 0 0 2 KAYNE ANDERSON MLP INVSMNT C COM 486606106 41939 1386423 SH SOLE 41939 0 0 KELLOGG CO COM 487836108 1 25 SH SOLE 0 0 1 KEYCORP NEW COM 493267108 1 71 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 5 129 SH SOLE 0 0 5 LEXMARK INTL NEW CL A 529771107 1 19 SH SOLE 0 0 1 LIBERTY PPTY TR SH BEN INT 531172104 1 24 SH SOLE 0 0 1 LINCOLN ELEC HLDGS INC COM 533900106 1 20 SH SOLE 0 0 1 LINCOLN NATL CORP IND COM 534187109 1 38 SH SOLE 0 0 1 LOWES COS INC COM 548661107 3 143 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 9 102 SH SOLE 0 0 9 MCKESSON CORP COM 58155Q103 3 31 SH SOLE 0 0 3 MEADWESTVACO CORP COM 583334107 1 42 SH SOLE 0 0 1 MEDTRONIC INC COM 585055106 157 4075 SH SOLE 0 0 157 MERCK & CO INC NEW COM 58933Y105 10 273 SH SOLE 0 0 10 MICROSOFT CORP COM 594918104 970 37297 SH SOLE 0 0 970 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 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 NOKIA CORP SPONSORED ADR 654902204 20 3180 SH SOLE 0 0 20 NORDSTROM INC COM 655664100 15251 324912 SH SOLE 0 0 15251 NORFOLK SOUTHERN CORP COM 655844108 153 2041 SH SOLE 0 0 153 NORTHERN TR CORP COM 665859104 1 29 SH SOLE 0 0 1 NSTAR COM 67019E107 1 15 SH SOLE 0 0 1 NUCOR CORP COM 670346105 2 47 SH SOLE 0 0 2 PAYCHEX INC COM 704326107 1 38 SH SOLE 0 0 1 PENNEY J C INC COM 708160106 1 21 SH SOLE 0 0 1 PENTAIR INC COM 709631105 1 25 SH SOLE 0 0 1 PEPCO HOLDINGS INC COM 713291102 1 43 SH SOLE 0 0 1 PEPSICO INC COM 713448108 95 1344 SH SOLE 0 0 95 PIMCO ETF TR ENHAN SHRT MAT 72201R833 18000 178063 SH SOLE 0 0 18000 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 POLYCOM INC COM 73172K104 1 11 SH SOLE 0 0 1 PRAXAIR INC COM 74005P104 3 30 SH SOLE 0 0 3 PRINCIPAL FINL GROUP INC COM 74251V102 1 21 SH SOLE 0 0 1 PROCTER & 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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 40 SH SOLE 0 0 1 STARBUCKS CORP COM 855244109 776 19661 SH SOLE 0 0 776 STATE STR CORP COM 857477103 2 43 SH SOLE 0 0 2 STRYKER CORP COM 863667101 2 35 SH SOLE 0 0 2 SYMANTEC CORP COM 871503108 2 94 SH SOLE 0 0 2 SYSCO CORP COM 871829107 3 83 SH SOLE 0 0 3 TARGET CORP COM 87612E106 3 58 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 THOMAS & BETTS CORP COM 884315102 1 14 SH SOLE 0 0 1 TIFFANY & CO NEW COM 886547108 1 7 SH SOLE 0 0 1 TJX COS INC NEW COM 872540109 3 56 SH SOLE 0 0 3 TRAVELERS COMPANIES INC COM 89417E109 4 62 SH SOLE 0 0 4 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 STK MRK ETF 922908769 1306 19092 SH SOLE 0 0 1306 VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 11584 112756 SH SOLE 0 0 11584 VERIZON COMMUNICATIONS INC COM 92343V104 19 517 SH SOLE 0 0 19 VORNADO RLTY TR SH BEN INT 929042109 1 13 SH SOLE 0 0 1 WAL MART STORES INC COM 931142103 531 10000 SH SOLE 0 0 531 WALGREEN CO COM 931422109 89 2099 SH SOLE 0 0 89 WELLPOINT INC COM 94973V107 4 50 SH SOLE 0 0 4 WHOLE FOODS MKT INC COM 966837106 1 16 SH SOLE 0 0 1 WINDSTREAM CORP COM 97381W104 1 50 SH SOLE 0 0 1 XEROX CORP COM 984121103 1 69 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