Cornerstone Advisors 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
Abbott Laboratories	Common	002824100	1,777	36,200	SH		SOLE		36,200	0	0
AbbVie Inc.	Common	00287Y109	1,492	22,200	SH		SOLE		22,200	0	0
Aberdeen Australia Eq Fd	Common	003011103	2,870	446,294	SH		SOLE		446,294	0	0
Aberdeen Chile Fund, Inc.	Common	168834109	1,344	188,715	SH		SOLE		188,715	0	0
Aberdeen Greater China Fd, Inc	Common	003031101	703	69,349	SH		SOLE		69,349	0	0
Aberdeen Singapore Fund, Inc.	Common	003244100	464	41,986	SH		SOLE		41,986	0	0
ACE Limited	Common	H0023R105	712	7,000	SH		SOLE		7,000	0	0
Adams Express Co.	Common	006212104	3,800	272,029	SH		SOLE		272,029	0	0
Advent Claymore Enh Gwth&Incm	Common	00765E104	1,572	173,300	SH		SOLE		173,300	0	0
AES Corporation	Common	00130H105	167	12,600	SH		SOLE		12,600	0	0
Aetna Inc.	Common	00817Y108	1,784	14,000	SH		SOLE		14,000	0	0
Air Products & Chemicals	Common	009158106	274	2,000	SH		SOLE		2,000	0	0
Allergan plc.	Common	G0177J108	2,634	8,681	SH		SOLE		8,681	0	0
AllianceBern Global High Inc	Common	01879R106	1,351	112,427	SH		SOLE		112,427	0	0
AllianzGI NFJ Dividend Inte Fd	Common	01883A107	9,165	606,181	SH		SOLE		606,181	0	0
Allstate Corporation	Common	020002101	259	4,000	SH		SOLE		4,000	0	0
Alpine Global Dynamic Div	Common	02082E205	2,508	253,345	SH		SOLE		253,345	0	0
Alpine Global Premier Prop Fd	Sh Ben Int	02083A103	7,418	1,146,471	SH		SOLE		1,146,471	0	0
Alpine Total Dynamic Div.	Sh Ben Int	021060207	9,950	1,151,593	SH		SOLE		1,151,593	0	0
Altria Group Inc	Common	02209S103	831	17,000	SH		SOLE		17,000	0	0
American Electric Power	Common	025537101	212	4,000	SH		SOLE		4,000	0	0
American Express Co.	Common	025816109	1,554	20,000	SH		SOLE		20,000	0	0
American Intl Group, Inc.	Common	026874784	495	8,000	SH		SOLE		8,000	0	0
Ameriprise Financial, Inc.	Common	03076C106	500	4,000	SH		SOLE		4,000	0	0
Amgen Inc.	Common	031162100	3,654	23,800	SH		SOLE		23,800	0	0
Anthem, Inc.	Common	036752103	1,806	11,000	SH		SOLE		11,000	0	0
Aon Corp cl A	Common, Cl A	G0408V102	1,096	11,000	SH		SOLE		11,000	0	0
Apple Inc.	Common	037833100	16,594	132,300	SH		SOLE		132,300	0	0
Archer Daniels Midland	Common	039483102	1,013	21,000	SH		SOLE		21,000	0	0
AT&T Inc.	Common	00206R102	625	17,589	SH		SOLE		17,589	0	0
Bank of New York Mellon Corp.	Common	064058100	252	6,000	SH		SOLE		6,000	0	0
Berkshire Hathaway cl B	Common, Cl B	084670702	3,403	25,000	SH		SOLE		25,000	0	0
BlackRock Corp High Yd Fd, Inc	Common	09255P107	3,022	280,109	SH		SOLE		280,109	0	0
BlackRock Debt Strat. Fd	Common	09255R103	892	246,434	SH		SOLE		246,434	0	0
Blackrock Global Opportunities	Common	092501105	7,380	536,753	SH		SOLE		536,753	0	0
Blackrock Inc.	Common	09247X101	1,211	3,500	SH		SOLE		3,500	0	0
Blackrock Resources&Commod.	Common	09257A108	14,527	1,592,920	SH		SOLE		1,592,920	0	0
BlackRock Util and Infra Trust	Common	09248D104	1,180	65,031	SH		SOLE		65,031	0	0
Boeing Company	Common	097023105	1,248	9,000	SH		SOLE		9,000	0	0
Brookfield Global Infr Incm Fd	Common	11273Q109	403	24,377	SH		SOLE		24,377	0	0
Capital One Financial Corp.	Common	14040H105	792	9,000	SH		SOLE		9,000	0	0
Cardinal Health Inc.	Common	14149Y108	502	6,000	SH		SOLE		6,000	0	0
CBS Corp. cl B	Common, Cl B	124857202	222	4,000	SH		SOLE		4,000	0	0
Celgene Corp.	Common	151020104	1,157	10,000	SH		SOLE		10,000	0	0
Chevron Corp	Common	166764100	965	10,000	SH		SOLE		10,000	0	0
China Fund	Common	169373107	2,237	112,578	SH		SOLE		112,578	0	0
Cigna Corporation	Common	125509109	1,134	7,000	SH		SOLE		7,000	0	0
Cisco Systems Inc.	Common	17275R102	3,021	110,000	SH		SOLE		110,000	0	0
Clarion Global Real Est Inc	Common	12504G100	10,506	1,319,863	SH		SOLE		1,319,863	0	0
Clear Bridge Engy MLP Opp Fd	Common	18469P100	5,633	300,904	SH		SOLE		300,904	0	0
ClearBridge Energy MLP TR Fd	Common	18469Q108	7,281	398,308	SH		SOLE		398,308	0	0
ClearBridge Enrgy MLP Fd	Common	184692101	5,885	253,026	SH		SOLE		253,026	0	0
Clough Global Allocat. Fd	Sh Ben Int	18913Y103	514	34,857	SH		SOLE		34,857	0	0
Cohen & Steers Infrastr Fd	Common	19248A109	2,940	139,845	SH		SOLE		139,845	0	0
Cohen & Steers Quality	Common	19247L106	8,706	814,381	SH		SOLE		814,381	0	0
Cohen & Steers REIT & Pfd	Common	19247X100	12,587	719,645	SH		SOLE		719,645	0	0
Cohen & Steers Total Rtn Rlty	Common	19247R103	1,982	162,993	SH		SOLE		162,993	0	0
Comcast cl A	Common, Cl A	20030N101	4,813	80,025	SH		SOLE		80,025	0	0
Comcast cl A Special	Cl A Special	20030N200	255	4,250	SH		SOLE		4,250	0	0
ConocoPhillips	Common	20825C104	1,595	25,974	SH		SOLE		25,974	0	0
Costco Wholesale Corp	Common	22160K105	1,080	8,000	SH		SOLE		8,000	0	0
Credit Suisse Asset Mgmt Fd	Common	224916106	105	32,850	SH		SOLE		32,850	0	0
CSX Corporation	Common	126408103	653	20,000	SH		SOLE		20,000	0	0
CVS Health Corporation	Common	126650100	4,366	41,630	SH		SOLE		41,630	0	0
Deere & Company	Common	244199105	340	3,500	SH		SOLE		3,500	0	0
Delaware Enhanced Glbl Div	Common	246060107	3,482	322,106	SH		SOLE		322,106	0	0
Delta Air Lines, Inc.	Common	247361702	904	22,000	SH		SOLE		22,000	0	0
Deutsche Hi Inc Oppor Fd, Inc.	Common	25158Y102	1,280	87,665	SH		SOLE		87,665	0	0
Deutsche Multi-Market Incm Tr	Common	25160E102	1,770	218,298	SH		SOLE		218,298	0	0
Deutsche Strategic Income Trus	Common	25160F109	645	58,024	SH		SOLE		58,024	0	0
DIRECTV	Common	25490A309	789	8,500	SH		SOLE		8,500	0	0
Discover Financial Services	Common	254709108	605	10,500	SH		SOLE		10,500	0	0
Dow Chemical Company	Common	260543103	2,072	40,500	SH		SOLE		40,500	0	0
Duff & Phelps Glbl Utl Inc Fnd	Common	26433C105	3,527	199,064	SH		SOLE		199,064	0	0
Eaton Vance Rsk Mgned Dv Fd	Common	27829G106	3,333	308,340	SH		SOLE		308,340	0	0
eBay Inc.	Common	278642103	241	4,000	SH		SOLE		4,000	0	0
Ecolab Inc	Common	278865100	848	7,500	SH		SOLE		7,500	0	0
EMC Corporation	Common	268648102	343	13,000	SH		SOLE		13,000	0	0
EOG Resources Inc	Common	26875P101	1,663	19,000	SH		SOLE		19,000	0	0
Exelon Corp	Common	30161N101	754	24,000	SH		SOLE		24,000	0	0
Express Scripts Holding Co.	Common	30219G108	1,067	12,000	SH		SOLE		12,000	0	0
Exxon Mobil Corporation	Common	30231G102	5,902	70,936	SH		SOLE		70,936	0	0
Facebook, Inc. cl A	Common, Cl A	30303M102	1,630	19,000	SH		SOLE		19,000	0	0
FedEx Corp	Common	31428X106	1,534	9,000	SH		SOLE		9,000	0	0
Fifth Third Bancorp	Common	316773100	427	20,500	SH		SOLE		20,500	0	0
First Trust Dividend & Incm Fd	Common	33731L100	239	28,211	SH		SOLE		28,211	0	0
First Trust Energy Infra Fund	Common	33738C103	1,260	61,159	SH		SOLE		61,159	0	0
Franklin Resources, Inc.	Common	354613101	441	9,000	SH		SOLE		9,000	0	0
Franklin Universal Trust	Sh Ben Int	355145103	133	20,622	SH		SOLE		20,622	0	0
Gabelli Dividend & Income Trst	Common	36242H104	1,097	52,677	SH		SOLE		52,677	0	0
Gabelli Equity Trust	Common	362397101	4,386	700,701	SH		SOLE		700,701	0	0
Gabelli Global Utly & Income	Common	36242L105	1,147	63,285	SH		SOLE		63,285	0	0
Gabelli Multimedia Trust Inc.	Common	36239Q109	235	25,584	SH		SOLE		25,584	0	0
GAMCO Global Gold Natural Res	Sh Ben Int	36465A109	1,832	281,379	SH		SOLE		281,379	0	0
GAMCO Natural Resources Gold	Common	36465E101	2,788	364,444	SH		SOLE		364,444	0	0
GDL Fund (The)	Sh Ben Int	361570104	3,018	296,130	SH		SOLE		296,130	0	0
General American Investors Co.	Common	368802104	2,947	84,621	SH		SOLE		84,621	0	0
General Dynamics Corp.	Common	369550108	850	6,000	SH		SOLE		6,000	0	0
General Electric Company	Common	369604103	4,331	163,000	SH		SOLE		163,000	0	0
Gilead Sciences Inc.	Common	375558103	1,873	16,000	SH		SOLE		16,000	0	0
Global High Income Fund Inc.	Common	37933G108	1,719	202,487	SH		SOLE		202,487	0	0
Google Inc Class A	Common	38259P508	1,620	3,000	SH		SOLE		3,000	0	0
Google Inc. Class C	Common	38259P706	1,565	3,007	SH		SOLE		3,007	0	0
Guggenheim Enh Eqty Strategy	Common	40167K100	970	57,302	SH		SOLE		57,302	0	0
Halliburton Company	Common	406216101	345	8,000	SH		SOLE		8,000	0	0
Home Depot Inc.	Common	437076102	3,456	31,100	SH		SOLE		31,100	0	0
Honeywell Intl Inc	Common	438516106	2,345	23,000	SH		SOLE		23,000	0	0
IBM Corp	Common	459200101	1,643	10,100	SH		SOLE		10,100	0	0
Illinois Tool Works Inc.	Common	452308109	734	8,000	SH		SOLE		8,000	0	0
Intel Corporation	Common	458140100	3,285	108,000	SH		SOLE		108,000	0	0
Intercontinental Exchange Inc.	Common	45866F104	335	1,500	SH		SOLE		1,500	0	0
Invesco High Income Trust II	Common	46131F101	153	10,684	SH		SOLE		10,684	0	0
iShares Core S&P 500 ETF	ETF	464287200	8,289	40,000	SH		SOLE		40,000	0	0
John Hancock Financial Opportu	Sh Ben Int	409735206	1,116	41,016	SH		SOLE		41,016	0	0
John Hancock Hedged Eqty & Icm	Common	47804L102	1,185	74,217	SH		SOLE		74,217	0	0
Johnson & Johnson	Common	478160104	2,095	21,500	SH		SOLE		21,500	0	0
Johnson Controls, Inc.	Common	478366107	1,040	21,000	SH		SOLE		21,000	0	0
JPMorgan Chase & Co	Common	46625H100	5,172	76,332	SH		SOLE		76,332	0	0
JPMorgan China Region Fund	Common	48126T104	364	19,417	SH		SOLE		19,417	0	0
Kinder Morgan Inc cl P	Common	49456B101	653	17,000	SH		SOLE		17,000	0	0
Kraft Foods Group Inc	Common	50076Q106	426	5,000	SH		SOLE		5,000	0	0
Kroger Company	Common	501044101	1,450	20,000	SH		SOLE		20,000	0	0
Lazard World Div & Incme Fd	Common	521076109	602	51,642	SH		SOLE		51,642	0	0
Liberty All Star Equity Fd	Common	530158104	6,791	1,180,990	SH		SOLE		1,180,990	0	0
Liberty All Star Growth Fund	Common	529900102	1,047	203,291	SH		SOLE		203,291	0	0
LMP Capital and Income Fund	Common	50208A102	627	41,574	SH		SOLE		41,574	0	0
LMP Real Estate Income Fd Inc	Common	50208C108	1,425	121,833	SH		SOLE		121,833	0	0
Lockheed Martin Corp.	Common	539830109	1,766	9,500	SH		SOLE		9,500	0	0
Lowes Companies Inc.	Common	548661107	603	9,000	SH		SOLE		9,000	0	0
LyondellBasell Industries cl A	Common, Cl A	N53745100	1,035	10,000	SH		SOLE		10,000	0	0
MacQuarie Glob Infr TR Fd	Common	55608D101	250	10,700	SH		SOLE		10,700	0	0
Macy's Inc.	Common	55616P104	877	13,000	SH		SOLE		13,000	0	0
Madison Strtg Sec Prm fd	Common	558268108	354	30,199	SH		SOLE		30,199	0	0
Marsh & McLennan Company Inc	Common	571748102	709	12,500	SH		SOLE		12,500	0	0
McKesson Corp	Common	58155Q103	1,529	6,800	SH		SOLE		6,800	0	0
Merck & Co. Inc.	Common	58933Y105	3,545	62,267	SH		SOLE		62,267	0	0
MetLife, Inc.	Common	59156R108	1,316	23,500	SH		SOLE		23,500	0	0
MFS High Income Municipal Trus	Common	59318D104	223	48,354	SH		SOLE		48,354	0	0
MFS Intermediate High Income F	Common	59318T109	31	11,819	SH		SOLE		11,819	0	0
MFS Invstmt Grade Muni Trust	Common	59318B108	220	23,662	SH		SOLE		23,662	0	0
MFS Special Value	Common	55274E102	86	14,120	SH		SOLE		14,120	0	0
Microsoft Corporation	Common	594918104	971	22,000	SH		SOLE		22,000	0	0
Mondelez International Inc	Common	609207105	1,193	29,000	SH		SOLE		29,000	0	0
Morgan Stanley	Common	617446448	2,133	55,000	SH		SOLE		55,000	0	0
MS China A Fund	Common	617468103	15,790	465,500	SH		SOLE		465,500	0	0
MS Thai Fund	Common	882904105	504	60,843	SH		SOLE		60,843	0	0
MS Turkish Invest Fund	Common	900145103	843	85,074	SH		SOLE		85,074	0	0
MSDW India Invest	Common	61745C105	1,762	64,166	SH		SOLE		64,166	0	0
Neuberger Berman High Yd St Fd	Common	64128C106	544	46,181	SH		SOLE		46,181	0	0
Neuberger Berman Real Est Sec	Common	64190A103	5,321	1,122,549	SH		SOLE		1,122,549	0	0
New Ireland Fund Inc	Common	645673104	354	25,720	SH		SOLE		25,720	0	0
NextEra Energy, Inc.	Common	65339F101	588	6,000	SH		SOLE		6,000	0	0
Norfolk Southern Corp	Common	655844108	524	6,000	SH		SOLE		6,000	0	0
Northrop Grumman Corp	Common	666807102	635	4,000	SH		SOLE		4,000	0	0
Nuv Div Adv Mun Fd 3	Sh Ben Int	67070X101	914	68,415	SH		SOLE		68,415	0	0
Nuv Real Estate Inc Fd	Common	67071B108	666	65,233	SH		SOLE		65,233	0	0
Nuv Sel Qlty Mun Fd	Common	670973106	204	15,440	SH		SOLE		15,440	0	0
Nuveen Credit Strategies Incm	Common	67073D102	2,979	345,997	SH		SOLE		345,997	0	0
Nuveen Energy MLP Total Rtrn	Common	67074U103	2,360	143,303	SH		SOLE		143,303	0	0
Nuveen Global Equity Income Fd	Common	6706EH103	2,159	172,862	SH		SOLE		172,862	0	0
Nuveen Nasdaq 100 Dynam Overwr	Common	670699107	6,101	330,659	SH		SOLE		330,659	0	0
Oracle Corporation	Common	68389X105	5,278	130,972	SH		SOLE		130,972	0	0
PG&E Corporation	Common	69331C108	786	16,000	SH		SOLE		16,000	0	0
Phillips 66	Common	718546104	1,409	17,487	SH		SOLE		17,487	0	0
PNC Financial Services	Common	693475105	1,243	13,000	SH		SOLE		13,000	0	0
PPG Industries Inc.	Common	693506107	1,147	10,000	SH		SOLE		10,000	0	0
PPL Corporation	Common	69351T106	295	10,000	SH		SOLE		10,000	0	0
Praxair, Inc.	Common	74005P104	897	7,500	SH		SOLE		7,500	0	0
Precision Castparts Corp	Common	740189105	700	3,500	SH		SOLE		3,500	0	0
Prudential Financial Inc	Common	744320102	1,225	14,000	SH		SOLE		14,000	0	0
Public Service Enterprise Grp	Common	744573106	412	10,500	SH		SOLE		10,500	0	0
Qualcomm Inc.	Common	747525103	1,597	25,500	SH		SOLE		25,500	0	0
RMR Real Estate Income Fund	Common	76970B101	2,722	146,826	SH		SOLE		146,826	0	0
Royce Micro Cap Tr	Common	780915104	1,313	142,452	SH		SOLE		142,452	0	0
Royce Value Trust	Common	780910105	232	16,804	SH		SOLE		16,804	0	0
Schlumberger Ltd.	Common	806857108	1,853	21,500	SH		SOLE		21,500	0	0
Southwest Airlines Co.	Common	844741108	463	14,000	SH		SOLE		14,000	0	0
SPDR S&P 500 ETF Trust	ETF	78462F103	8,234	40,000	SH		SOLE		40,000	0	0
Sprott Focus Trust, Inc.	Common	85208J109	542	76,500	SH		SOLE		76,500	0	0
St. Jude Medical Inc.	Common	790849103	585	8,000	SH		SOLE		8,000	0	0
Stryker Corp	Common	863667101	287	3,000	SH		SOLE		3,000	0	0
SunTrust Banks, Inc.	Common	867914103	473	11,000	SH		SOLE		11,000	0	0
Swiss Helvetia Fund	Common	870875101	3,096	264,648	SH		SOLE		264,648	0	0
Templeton Dragon	Common	88018T101	2,750	110,887	SH		SOLE		110,887	0	0
Templeton Emrg Mkt DE	Common	880191101	350	24,066	SH		SOLE		24,066	0	0
The Travelers Companies	Common	89417E109	580	6,000	SH		SOLE		6,000	0	0
Thermo Fisher Scientific, Inc.	Common	883556102	1,687	13,000	SH		SOLE		13,000	0	0
Time Warner Cable Inc.	Common	88732J207	1,158	6,500	SH		SOLE		6,500	0	0
Time Warner Inc	Common	887317303	2,567	29,366	SH		SOLE		29,366	0	0
TJX Companies Inc.	Common	872540109	860	13,000	SH		SOLE		13,000	0	0
Tri-Continental Corp.	Common	895436103	2,805	132,379	SH		SOLE		132,379	0	0
Twenty-First Cent Fox Inc Cl B	Common, Cl B	90130A200	242	7,500	SH		SOLE		7,500	0	0
Union Pacific Corp.	Common	907818108	2,861	30,000	SH		SOLE		30,000	0	0
UnitedHealth Group, Inc.	Common	91324P102	1,098	9,000	SH		SOLE		9,000	0	0
Valero Energy Corp.	Common	91913Y100	282	4,500	SH		SOLE		4,500	0	0
Verizon Communications, Inc.	Common	92343V104	5,314	114,000	SH		SOLE		114,000	0	0
Viacom Inc cl B	Common, Cl B	92553P201	449	6,950	SH		SOLE		6,950	0	0
Voya Emerg Mkts Hi Incm Div Eq	Common	92912P108	3,805	386,276	SH		SOLE		386,276	0	0
Voya Global Eqty Div Prem Oppo	Common	92912T100	2,112	258,538	SH		SOLE		258,538	0	0
Voya Infra Indus and Materials	Common	92912X101	1,396	95,471	SH		SOLE		95,471	0	0
Voya Intl Hi Div Eqty Incm Fd	Common	92912Y109	148	18,070	SH		SOLE		18,070	0	0
W. Asset Managed High Inc Fund	Common	95766L107	246	49,725	SH		SOLE		49,725	0	0
Walgreens Boots Alliance, Inc.	Common	931427108	844	10,000	SH		SOLE		10,000	0	0
Wal-Mart Stores, Inc.	Common	931142103	5,298	74,700	SH		SOLE		74,700	0	0
Walt Disney Company	Common	254687106	6,814	59,700	SH		SOLE		59,700	0	0
Waste Management Inc.	Common	94106L109	278	6,000	SH		SOLE		6,000	0	0
Wells Fargo & Co	Common	949746101	6,850	121,800	SH		SOLE		121,800	0	0
Wells Fargo Adv Global Div Opp	Common	94987C103	690	99,777	SH		SOLE		99,777	0	0
Western Asset Emg Mkts Incm Fd	Common	95766E103	1,200	111,805	SH		SOLE		111,805	0	0
Xcel Energy Inc	Common	98389B100	306	9,500	SH		SOLE		9,500	0	0
Zweig Total Return	Common	989837208	151	11,642	SH		SOLE		11,642	0	0