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
3M COMPANY	Common	88579Y101	1,926	11,000	SH		SOLE		11,000	0	0
ABBOTT LABORATORIES	Common	002824100	1,423	36,200	SH		SOLE		36,200	0	0
ABBVIE, INC.	Common	00287Y109	1,374	22,200	SH		SOLE		22,200	0	0
ABERDEEN AUSTRALIA FUND	Common	003011103	1,982	351,399	SH		SOLE		351,399	0	0
ABERDEEN CHILE FUND, INC.	Common	00301W105	881	140,963	SH		SOLE		140,963	0	0
ABERDEEN GREATER CHINA FD	Common	003031101	540	64,677	SH		SOLE		64,677	0	0
ABERDEEN INDONESIA FUND	Common	00305P106	108	17,537	SH		SOLE		17,537	0	0
ABERDEEN SINGAPORE FUND	Common	003244100	494	54,683	SH		SOLE		54,683	0	0
ACCENTURE PLC - CLASS A	Common	G1151C101	1,122	9,900	SH		SOLE		9,900	0	0
ACTIVISION BLIZZARD, INC.	Common	00507V109	214	5,400	SH		SOLE		5,400	0	0
ADAMS EXPRESS	Common	006212104	5,989	472,654	SH		SOLE		472,654	0	0
ADAMS NATURALS RESOURCES	Common	00548F105	1,590	79,056	SH		SOLE		79,056	0	0
ADOBE SYSTEMS INC	Common	00724F101	718	7,500	SH		SOLE		7,500	0	0
ADVENT CLAYMORE CVT SEC	Common	00764C109	538	38,562	SH		SOLE		38,562	0	0
AETNA, INC.	Common	00817Y108	1,710	14,000	SH		SOLE		14,000	0	0
AFLAC INC	Common	001055102	649	9,000	SH		SOLE		9,000	0	0
AIR PRODUCTS & CHEMICALS	Common	009158106	994	7,000	SH		SOLE		7,000	0	0
ALLIANZGI CONVERTIBLE	Common	018825109	579	109,127	SH		SOLE		109,127	0	0
ALLIANZGI CONVERTIBLE	Common	018828103	90	14,601	SH		SOLE		14,601	0	0
ALLIANZGI NFJ DIVIDEND	Common	01883A107	7,448	604,072	SH		SOLE		604,072	0	0
ALLSTATE CORPORATION	Common	020002101	560	8,000	SH		SOLE		8,000	0	0
ALPHABET, INC. - CLASS A	Common, Cl A	02079K305	2,111	3,000	SH		SOLE		3,000	0	0
ALPHABET, INC. - CLASS C	Common, Cl C	02079K107	15,231	22,007	SH		SOLE		22,007	0	0
ALPINE GLOBAL DYNAMIC DV	Common	02082E205	2,208	260,992	SH		SOLE		260,992	0	0
ALPINE GLOBAL PREMIER PRP	Sh Ben Int	02083A103	7,226	1,316,256	SH		SOLE		1,316,256	0	0
ALPINE TOTAL DYN DVD FUND	Sh Ben Int	021060207	9,833	1,354,401	SH		SOLE		1,354,401	0	0
ALTRIA GROUP INC.	Common	02209S103	2,414	35,000	SH		SOLE		35,000	0	0
AMAZON.COM INC	Common	23135106	8,945	12,500	SH		SOLE		12,500	0	0
AMERICAN ELECTRIC POWER	Common	025537101	645	9,200	SH		SOLE		9,200	0	0
AMERICAN TOWER CORP	Common	03027X100	909	8,000	SH		SOLE		8,000	0	0
AMGEN, INC.	Common	31162100	3,317	21,800	SH		SOLE		21,800	0	0
ANTHEM, INC.	Common	036752103	788	6,000	SH		SOLE		6,000	0	0
AON PLC	Common, Cl A	G0408V102	1,311	12,000	SH		SOLE		12,000	0	0
APOLLO SENIOR FLOATING RT	Common	037636107	904	57,221	SH		SOLE		57,221	0	0
AT&T INC.	Common	00206R102	2,751	63,671	SH		SOLE		63,671	0	0
AUTOMATIC DATA PROCESSING	Common	053015103	1,057	11,500	SH		SOLE		11,500	0	0
AVENUE INCOME CREDIT FUND	Common	05358E106	1,273	106,290	SH		SOLE		106,290	0	0
BECTON, DICKINSON AND CO.	Common	075887109	644	3,800	SH		SOLE		3,800	0	0
BERKSHIRE HATHAWAY INC-B	Common, Cl B	084670702	8,398	58,000	SH		SOLE		58,000	0	0
BIOGEN IDEC, INC.	Common	09062X103	363	1,500	SH		SOLE		1,500	0	0
BLACKROCK CREDIT ALLOC.	Common	092508100	513	39,429	SH		SOLE		39,429	0	0
BLACKROCK RESOUR & COMM	Common	09257A108	12,593	1,635,492	SH		SOLE		1,635,492	0	0
BLACKROCK, INC. CLASS A	Common	09247X101	685	2,000	SH		SOLE		2,000	0	0
BLACKSTONE/GSO LONG-SHORT	Common	09257D102	153	10,578	SH		SOLE		10,578	0	0
BRISTOL-MYERS SQUIBB CO	Common	110122108	588	8,000	SH		SOLE		8,000	0	0
BROADCOM LIMITED	Common	Y09827109	451	2,900	SH		SOLE		2,900	0	0
CALAMOS GLOBAL DYNAMIC IN	Common	12811L107	2,151	306,471	SH		SOLE		306,471	0	0
CALAMOS GLOBAL TOTAL RET	Common	128118106	406	36,870	SH		SOLE		36,870	0	0
CALAMOS STRAT TOTAL RET	Sh Ben Int	128125101	4,660	471,702	SH		SOLE		471,702	0	0
CAPITAL ONE FINANCIAL CRP	Common	14040H105	349	5,500	SH		SOLE		5,500	0	0
CARDINAL HEALTH, INC.	Common	14149Y108	780	10,000	SH		SOLE		10,000	0	0
CBRE CLARION GLOBAL REAL	Common	12504G100	10,612	1,289,424	SH		SOLE		1,289,424	0	0
CELGENE CORP.	Common	151020104	690	7,000	SH		SOLE		7,000	0	0
CERNER CORP	Common	156782104	234	4,000	SH		SOLE		4,000	0	0
CHARLES SCHWAB CORP	Common	808513105	329	13,000	SH		SOLE		13,000	0	0
CHARTER COMMUNICATIONS -A	Common	16119P108	447	1,956	SH		SOLE		1,956	0	0
CHEVRON CORP.	Common	166764100	4,424	42,200	SH		SOLE		42,200	0	0
CHINA FUND, INC.	Common	169373107	206	14,224	SH		SOLE		14,224	0	0
CHUBB LTD	Common	H1467J104	1,464	11,203	SH		SOLE		11,203	0	0
CIGNA CORP	Common	125509109	896	7,000	SH		SOLE		7,000	0	0
CINCINNATI FINANCIAL CP	Common	172062101	240	3,200	SH		SOLE		3,200	0	0
CISCO SYSTEMS INC	Common	17275R102	1,578	55,000	SH		SOLE		55,000	0	0
CLOUGH GLOBAL ALLOCATION	Sh Ben Int	18913Y103	1,440	123,057	SH		SOLE		123,057	0	0
CLOUGH GLOBAL EQUITY FUND	Common	18914C100	2,923	272,930	SH		SOLE		272,930	0	0
CLOUGH GLOBAL OPPORTUNITY	Sh Ben Int	18914E304	5,018	537,875	SH		SOLE		537,875	0	0
CME GROUP, INC.	Common	12572Q105	779	8,000	SH		SOLE		8,000	0	0
COGNIZANT TECH SOLUTIONS	Common	192446102	343	6,000	SH		SOLE		6,000	0	0
COH & STEER GL INC BLDER	Common	19248M103	1,378	158,042	SH		SOLE		158,042	0	0
COHEN & STEERS MLP INCOME	Common	19249B106	2,055	201,675	SH		SOLE		201,675	0	0
COHEN & STEERS PREF INC	Common	19247X100	13,986	680,935	SH		SOLE		680,935	0	0
COHEN & STEERS SEL UTILI	Common	19248A109	4,878	227,722	SH		SOLE		227,722	0	0
COLGATE-PALMOLIVE COMPANY	Common	194162103	220	3,000	SH		SOLE		3,000	0	0
COMCAST CORP - CLASS A	Common, Cl A	20030N101	3,603	55,275	SH		SOLE		55,275	0	0
CONAGRA FOODS INC.	Common	205887102	454	9,500	SH		SOLE		9,500	0	0
Concho Resources	Common	20605P101	417	3,500	SH		SOLE		3,500	0	0
CONSOLIDATED EDISON INC	Common	209115104	298	3,700	SH		SOLE		3,700	0	0
CONSTELLATION BRANDS INC	Common	21036P108	910	5,500	SH		SOLE		5,500	0	0
COSTCO WHOLESALE CORP	Common	22160K105	2,199	14,000	SH		SOLE		14,000	0	0
CVS HEALTH CORP	Common	126650100	3,028	31,630	SH		SOLE		31,630	0	0
DANAHER CORPORATION	Common	235851102	2,020	20,000	SH		SOLE		20,000	0	0
DELAWARE ENHANCED GBL DIV	Common	246060107	3,048	316,484	SH		SOLE		316,484	0	0
DELTA AIR LINES, INC.	Common	247361702	947	26,000	SH		SOLE		26,000	0	0
DISCOVER FINANCIAL SERV	Common	254709108	214	4,000	SH		SOLE		4,000	0	0
Dollar General Corp	Common	256677105	498	5,300	SH		SOLE		5,300	0	0
DOMINION RESOURCES INC/VA	Common	25746U109	1,013	13,000	SH		SOLE		13,000	0	0
DOW CHEMICAL CO	Common	260543103	2,013	40,500	SH		SOLE		40,500	0	0
DUFF & PHELPS GLOBAL	Common	26433C105	2,412	140,559	SH		SOLE		140,559	0	0
DUKE ENERGY CORP	Common	26441C204	764	8,900	SH		SOLE		8,900	0	0
DUPONT E I NEMOURS & CO	Common	263534109	259	4,000	SH		SOLE		4,000	0	0
EATON VANCE TAX ADVANTAGE	Sh Ben Int	27829M103	482	39,457	SH		SOLE		39,457	0	0
ECOLAB INC	Common	278865100	1,008	8,500	SH		SOLE		8,500	0	0
EDISON INTERNATIONAL	Common	281020107	350	4,500	SH		SOLE		4,500	0	0
EDWARDS LIFESCIENCES	Common	28176E108	309	3,100	SH		SOLE		3,100	0	0
EVERSOURCE ENERGY	Common	30040W108	228	3,800	SH		SOLE		3,800	0	0
EXXON MOBIL CORPORATION	Common	30231G102	6,181	65,936	SH		SOLE		65,936	0	0
FACEBOOK, INC - CLASS A	Common, Cl A	30303M102	3,817	33,400	SH		SOLE		33,400	0	0
FEDEX CORPORATION	Common	31428X106	1,366	9,000	SH		SOLE		9,000	0	0
FIDELITY NATL INFORM SERV	Common	31620M106	302	4,100	SH		SOLE		4,100	0	0
FIRST TR/ABER EMER OPP	Common	33731K102	226	15,365	SH		SOLE		15,365	0	0
FIRST TRUST ENERGY	Common	33738C103	449	25,708	SH		SOLE		25,708	0	0
FISERV	Common	337738108	761	7,000	SH		SOLE		7,000	0	0
GABELLI CONV AND INCOME	Common	36240B109	96	20,625	SH		SOLE		20,625	0	0
GABELLI GLBL SMALL & MID	Common	36249W104	438	41,959	SH		SOLE		41,959	0	0
GABELLI GLOBAL ULI & INC	Common	36242L105	1,314	70,695	SH		SOLE		70,695	0	0
GABELLI MULTIMEDIA TRUST	Common	36239Q109	1,105	156,733	SH		SOLE		156,733	0	0
GENERAL AMERICAN INVESTOR	Common	368802104	7,246	235,121	SH		SOLE		235,121	0	0
GENERAL DYNAMICS CORP	Common	369550108	1,253	9,000	SH		SOLE		9,000	0	0
GENERAL ELECTRIC CO	Common	369604103	3,025	96,100	SH		SOLE		96,100	0	0
GENERAL MILLS INC	Common	370334104	492	6,900	SH		SOLE		6,900	0	0
HOME DEPOT, INC. (THE)	Common	437076102	4,227	33,100	SH		SOLE		33,100	0	0
HONEYWELL INTERNATL INC	Common	438516106	3,536	30,400	SH		SOLE		30,400	0	0
ILLINOIS TOOL WORKS INC	Common	452308109	1,250	12,000	SH		SOLE		12,000	0	0
INTEL CORPORATION	Common	458140100	1,837	56,000	SH		SOLE		56,000	0	0
INTERCONTINENTAL EXCHANGE	Common	45866F104	998	3,900	SH		SOLE		3,900	0	0
ISHARES CORE S&P 500 ETF	ETF	464287200	3,161	15,000	SH		SOLE		15,000	0	0
JAPAN SMALLER CAPITAL FD	Common	47109U104	493	50,392	SH		SOLE		50,392	0	0
JOHNSON & JOHNSON	Common	478160104	7,969	65,700	SH		SOLE		65,700	0	0
JPMORGAN CHASE & CO	Common	46625H100	435	7,000	SH		SOLE		7,000	0	0
KIMBERLY CLARK CORP	Common	494368103	1,279	9,300	SH		SOLE		9,300	0	0
KRAFT HEINZ CO. (THE)	Common	500754106	354	4,000	SH		SOLE		4,000	0	0
KROGER COMPANY	Common	501044101	1,472	40,000	SH		SOLE		40,000	0	0
LAZARD GL TOTAL RT & INC	Common	52106W103	1,040	79,547	SH		SOLE		79,547	0	0
LAZARD ORLD DVD & INC	Common	521076109	1,406	155,722	SH		SOLE		155,722	0	0
LEGG MASON BW GLOBAL INC	Common	52469B100	2,892	223,116	SH		SOLE		223,116	0	0
LIBERTY ALL-STAR EQUITY	Common	530158104	7,303	1,454,819	SH		SOLE		1,454,819	0	0
LMP CAPITAL & INCOME FUND	Common	50208A102	3,882	295,693	SH		SOLE		295,693	0	0
LOCKHEED MARTIN CORP	Common	539830109	1,861	7,500	SH		SOLE		7,500	0	0
LOWE'S COMPANIES INC	Common	548661107	1,346	17,000	SH		SOLE		17,000	0	0
MACQUARIE GL TOTAL RE FD	Common	55608D101	4,285	200,237	SH		SOLE		200,237	0	0
MARSH & MCLENNAN COS INC	Common	571748102	924	13,500	SH		SOLE		13,500	0	0
MASTERCARD INC - CLASS A	Common	57636Q104	969	11,000	SH		SOLE		11,000	0	0
MCKESSON CORP.	Common	58155Q103	1,120	6,000	SH		SOLE		6,000	0	0
MERCK & CO., INC.	Common	58933Y105	3,587	62,267	SH		SOLE		62,267	0	0
MICROSOFT CORPORATION	Common	594918104	4,912	96,000	SH		SOLE		96,000	0	0
MONDELEZ INTERNATIONAL	Common	609207105	992	21,800	SH		SOLE		21,800	0	0
MONSTER BEVERAGE CORP	Common	61174X109	964	6,000	SH		SOLE		6,000	0	0
MOODY'S CORP	Common	615369105	469	5,000	SH		SOLE		5,000	0	0
MORGAN STANLEY CHINA	Common	617468103	5,253	294,093	SH		SOLE		294,093	0	0
MORGAN STANLEY INDIA INV	Common	61745C105	519	19,452	SH		SOLE		19,452	0	0
NEUBERGER BERMAN REAL EST	Common	64190A103	2,287	402,639	SH		SOLE		402,639	0	0
NEW IRELAND FUND	Common	645673104	267	22,562	SH		SOLE		22,562	0	0
NEXTERA ENERGY, INC.	Common	65339F101	1,304	10,000	SH		SOLE		10,000	0	0
NIKE INC CL B	Common, Cl B	654106103	442	8,000	SH		SOLE		8,000	0	0
NORTHROP GRUMMAN CORP	Common	666807102	1,556	7,000	SH		SOLE		7,000	0	0
NUVEEN AMT-FREE MUNI INCO	Common	670657105	155	10,300	SH		SOLE		10,300	0	0
NUVEEN CREDIT STATEGIES	Common	67073D102	2,442	302,177	SH		SOLE		302,177	0	0
NUVEEN MUNI MARKET OPP	Common	67062W103	194	12,864	SH		SOLE		12,864	0	0
NUVEEN PREMIUM INC MUNI	Common	67062T100	705	45,687	SH		SOLE		45,687	0	0
NUVEEN REAL ASSET INCOME	Common	67074Y105	2,856	169,000	SH		SOLE		169,000	0	0
NVIDIA CORP	Common	67066G104	291	6,200	SH		SOLE		6,200	0	0
OCCIDENTAL PETRO CORP	Common	674599105	748	9,900	SH		SOLE		9,900	0	0
ORACLE CORPORATION	Common	68389X105	1,882	45,972	SH		SOLE		45,972	0	0
O'REILLY AUTOMOTIVE INC	Common	67103H107	271	1,000	SH		SOLE		1,000	0	0
PEPSICO INC	Common	713448108	1,049	9,900	SH		SOLE		9,900	0	0
PHILLIPS 66	Common	718546104	1,110	13,987	SH		SOLE		13,987	0	0
PIONEER NATURAL RESOURCES	Common	723787107	605	4,000	SH		SOLE		4,000	0	0
PNC FINANCIAL SERVICES GR	Common	693475105	1,058	13,000	SH		SOLE		13,000	0	0
PPG INDUSTRIES INC	Common	693506107	1,146	11,000	SH		SOLE		11,000	0	0
PPL CORPORATION	Common	69351T106	415	11,000	SH		SOLE		11,000	0	0
PRICELINE GROUP,INC.(THE)	Common	741503403	624	500	SH		SOLE		500	0	0
PROGRESSIVE CORPORATION	Common	743315103	305	9,100	SH		SOLE		9,100	0	0
PUBLIC SERVICE ENTPRS GR	Common	744573106	489	10,500	SH		SOLE		10,500	0	0
RAYTHEON COMPANY	Common	755111507	1,088	8,000	SH		SOLE		8,000	0	0
REYNOLDS AMERICAN, INC.	Common	761713106	1,941	36,000	SH		SOLE		36,000	0	0
RMR REAL ESTATE INCOME FD	Common	76970B101	3,051	143,526	SH		SOLE		143,526	0	0
ROSS STORES, INC.	Common	778296103	397	7,000	SH		SOLE		7,000	0	0
ROYCE GLOBAL VALUE TRUST	Common	78081T104	1,224	160,881	SH		SOLE		160,881	0	0
ROYCE MICRO-CAP TRUST INC	Common	780915104	3,123	425,475	SH		SOLE		425,475	0	0
ROYCE VALUE TRUST, INC.	Common	780910105	6,494	551,777	SH		SOLE		551,777	0	0
S&P GLOBAL INC	Common	78409V104	536	5,000	SH		SOLE		5,000	0	0
SALESFORCE.COM INC	Common	79466L302	778	9,800	SH		SOLE		9,800	0	0
SEMPRA ENERGY	Common	816851109	353	3,100	SH		SOLE		3,100	0	0
SHERWIN-WILLIAMS CO	Common	824348106	587	2,000	SH		SOLE		2,000	0	0
SOUTHWEST AIRLINES CO	Common	844741108	745	19,000	SH		SOLE		19,000	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	629	3,000	SH		SOLE		3,000	0	0
SPROTT FOCUS TRUST, INC.	Common	85208J109	611	95,227	SH		SOLE		95,227	0	0
STARBUCKS CORP	Common	855244109	1,656	29,000	SH		SOLE		29,000	0	0
STRYKER CORPORATION	Common	863667101	1,438	12,000	SH		SOLE		12,000	0	0
SUNTRUST BANKS INC	Common	867914103	205	5,000	SH		SOLE		5,000	0	0
SWISS HELVETIA FUND	Common	870875101	590	56,977	SH		SOLE		56,977	0	0
SYSCO CORPORATION	Common	871829107	320	6,300	SH		SOLE		6,300	0	0
TARGET CORPORATION	Common	87612E106	580	8,300	SH		SOLE		8,300	0	0
TEMPLETON DRAGON FUND INC	Common	88018T101	1,268	73,200	SH		SOLE		73,200	0	0
TEXAS INSTRUMENTS INC	Common	882508104	758	12,100	SH		SOLE		12,100	0	0
THAI FUND	Common	882904105	88	11,167	SH		SOLE		11,167	0	0
THE GDL FUND	Sh Ben Int	361570104	2,637	265,518	SH		SOLE		265,518	0	0
THE SOUTHERN COMPANY	Common	842587107	585	10,900	SH		SOLE		10,900	0	0
THE TJX COMPANIES INC	Common	872540109	541	7,000	SH		SOLE		7,000	0	0
THE TRAVELERS COS, INC.	Common	89417E109	1,071	9,000	SH		SOLE		9,000	0	0
THE WALT DISNEY CO	Common	254687106	4,568	46,700	SH		SOLE		46,700	0	0
THERMO FISHER SCIENTIFIC	Common	883556102	2,069	14,000	SH		SOLE		14,000	0	0
TRI CONTINENTAL	Common	895436103	1,439	70,067	SH		SOLE		70,067	0	0
TURKISH INVESTMENT FUND	Common	900145103	334	39,077	SH		SOLE		39,077	0	0
TWENTY FIRST CENTURY FOX	Common, Cl B	90130A200	204	7,500	SH		SOLE		7,500	0	0
UNITED PARCEL SERVICE B	Common	911312106	657	6,100	SH		SOLE		6,100	0	0
UNITEDHEALTH GROUP, INC.	Common	91324P102	2,965	21,000	SH		SOLE		21,000	0	0
US BANCORP	Common	902973304	1,093	27,100	SH		SOLE		27,100	0	0
VERIZON COMMUNICATIONS	Common	92343V104	3,574	64,000	SH		SOLE		64,000	0	0
VISA, INC. - CLASS A	Common	92826C839	1,038	14,000	SH		SOLE		14,000	0	0
VOYA EMERGING MKTS HIGH	Common	92912P108	1,947	264,877	SH		SOLE		264,877	0	0
VOYA GLOBAL EQUITY DIVD	Common	92912T100	331	47,807	SH		SOLE		47,807	0	0
VOYA INFASTRUCTURE INDUS	Common	92912X101	3,600	291,291	SH		SOLE		291,291	0	0
VOYA NATURAL RESOURCES EQ	Common	92913C106	1,128	178,529	SH		SOLE		178,529	0	0
WA/CLAY US TREAS INFL FD	Sh Ben Int	95766Q106	210	18,326	SH		SOLE		18,326	0	0
WA/CLAY US TREAS INFL PRO	Common	95766R104	352	31,664	SH		SOLE		31,664	0	0
WAL MART STORES INC	Common	931142103	4,155	56,900	SH		SOLE		56,900	0	0
WALGREENS BOOTS ALLIANCE	Common	931427108	2,248	27,000	SH		SOLE		27,000	0	0
WASTE MANAGEMENT INC	Common	94106L109	603	9,100	SH		SOLE		9,100	0	0
WELLS FARGO & CO	Common	949746101	8,037	169,800	SH		SOLE		169,800	0	0
WELLS FARGO ADVANTAGE GLB	Common	94987C103	3,541	593,213	SH		SOLE		593,213	0	0
XCEL ENERGY, INC.	Common	98389B100	425	9,500	SH		SOLE		9,500	0	0