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	553	2,000	SH		SOLE		2,000	0	0
ABERDEEN AUSTRALIA FUND	Common	003011103	908	13,500	SH		SOLE		13,500	0	0
ABERDEEN CHILE FUND, INC.	Common	00301W105	2,643	15,000	SH		SOLE		15,000	0	0
ABERDEEN GREATER CHINA FD	Common	003031101	1,052	7,000	SH		SOLE		7,000	0	0
ABERDEEN INDONESIA FUND	Common	00305P106	881	6,000	SH		SOLE		6,000	0	0
ABERDEEN JAPAN EQUITY FUN	Common	00306J109	723	104,787	SH		SOLE		104,787	0	0
ACCENTURE PLC - CLASS A	Common	G1151C101	17,106	22,007	SH		SOLE		22,007	0	0
ACTIVISION BLIZZARD, INC.	Common	00507V109	4,343	42,200	SH		SOLE		42,200	0	0
ADAMS EXPRESS	Common	006212104	10,441	1,242,938	SH		SOLE		1,242,938	0	0
ADAMS NATURALS RESOURCES	Common	00548F105	371	5,300	SH		SOLE		5,300	0	0
ADOBE SYSTEMS INC	Common	00724F101	10,884	540,170	SH		SOLE		540,170	0	0
AFLAC INC	Common	001055102	8,502	147,600	SH		SOLE		147,600	0	0
AIR PRODUCTS & CHEMICALS	Common	009158106	4,733	36,900	SH		SOLE		36,900	0	0
ALLIANZGI NFJ DIVIDEND	Common	01883A107	440	10,500	SH		SOLE		10,500	0	0
ALLSTATE CORPORATION	Common	020002101	7,998	608,244	SH		SOLE		608,244	0	0
ALPHABET, INC. - CLASS A	Common, Cl A	02079K305	928	5,000	SH		SOLE		5,000	0	0
ALPHABET, INC. - CLASS C	Common, Cl C	02079K107	937	149,405	SH		SOLE		149,405	0	0
ALPINE GLOBAL DYNAMIC DV	Common	02082E205	8,419	257,851	SH		SOLE		257,851	0	0
ALPINE GLOBAL PREMIER PRP	Sh Ben Int	02083A103	4,259	33,100	SH		SOLE		33,100	0	0
ALPINE TOTAL DYN DVD FUND	Sh Ben Int	021060207	5,755	65,936	SH		SOLE		65,936	0	0
ALTRIA GROUP INC.	Common	02209S103	528	1,956	SH		SOLE		1,956	0	0
AMAZON.COM INC	Common	023135106	7,134	563,485	SH		SOLE		563,485	0	0
AMERICAN ELECTRIC POWER	Common	025537101	9,548	1,251,394	SH		SOLE		1,251,394	0	0
AMERICAN TOWER CORP	Common	03027X100	7,305	1,316,256	SH		SOLE		1,316,256	0	0
AMERICAN WATER WORKS	Common	030420103	4,261	68,267	SH		SOLE		68,267	0	0
AMGEN, INC.	Common	031162100	7,761	65,700	SH		SOLE		65,700	0	0
ANADARKO PETROLEUM CORP	Common	032511107	5,231	508,878	SH		SOLE		508,878	0	0
ANTHEM, INC.	Common	036752103	7,071	731,190	SH		SOLE		731,190	0	0
APPLIED MATERIALS INC	Common	038222105	7,941	1,532,944	SH		SOLE		1,532,944	0	0
ASIA PACIFIC FUND, INC.	Common	044901106	5,748	129,800	SH		SOLE		129,800	0	0
ASSURANT INC	Common	04621X108	8,379	58,000	SH		SOLE		58,000	0	0
AUTOMATIC DATA PROCESSING	Common	053015103	10,466	12,500	SH		SOLE		12,500	0	0
AVENUE INCOME CREDIT FUND	Common	05358E106	12,456	1,528,311	SH		SOLE		1,528,311	0	0
BAKER HUGHES INC	Common	057224107	4,003	200,856	SH		SOLE		200,856	0	0
BAXTER INTERNATIONAL INC	Common	071813109	4,225	334,236	SH		SOLE		334,236	0	0
BECTON, DICKINSON AND CO.	Common	075887109	4,049	696,854	SH		SOLE		696,854	0	0
BERKSHIRE HATHAWAY INC-B	Common, Cl B	084670702	3,427	160,302	SH		SOLE		160,302	0	0
BLACKROCK GL OPP EQ TRUST	Common	092501105	3,544	30,400	SH		SOLE		30,400	0	0
BLACKROCK INTERNTNL GR IN	Sh Ben Int	092524107	4,030	295,693	SH		SOLE		295,693	0	0
BLACKROCK RESOUR & COMM	Common	09257A108	4,104	56,900	SH		SOLE		56,900	0	0
BLACKROCK, INC. CLASS A	Common	09247X101	3,963	348,209	SH		SOLE		348,209	0	0
BOSTON SCIENTIFIC CORP	Common	101137107	3,271	191,529	SH		SOLE		191,529	0	0
BRISTOL-MYERS SQUIBB CO	Common	110122108	3,917	501,488	SH		SOLE		501,488	0	0
BROADCOM LIMITED	Common	Y09827109	4,337	46,700	SH		SOLE		46,700	0	0
CALAMOS GLOBAL DYNAMIC IN	Common	12811L107	2,469	14,800	SH		SOLE		14,800	0	0
CALAMOS STRAT TOTAL RET	Sh Ben Int	128125101	1,795	20,000	SH		SOLE		20,000	0	0
CAMPBELL SOUP CO	Common	134429109	2,170	178,862	SH		SOLE		178,862	0	0
CAPITAL ONE FINANCIAL CRP	Common	14040H105	2,177	27,000	SH		SOLE		27,000	0	0
CARDINAL HEALTH, INC.	Common	14149Y108	2,992	73,671	SH		SOLE		73,671	0	0
CBRE CLARION GLOBAL REAL	Common	12504G100	836	8,000	SH		SOLE		8,000	0	0
CELGENE CORP.	Common	151020104	2,815	278,163	SH		SOLE		278,163	0	0
CENTERPOINT ENERGY INC.	Common	15189T107	2,213	35,000	SH		SOLE		35,000	0	0
CERNER CORP	Common	156782104	2,682	143,438	SH		SOLE		143,438	0	0
CHARLES SCHWAB CORP	Common	808513105	204	3,200	SH		SOLE		3,200	0	0
CHARTER COMMUNICATIONS -A	Common	16119P108	2,633	310,538	SH		SOLE		310,538	0	0
CHEVRON CORP.	Common	166764100	1,697	36,000	SH		SOLE		36,000	0	0
CHINA FUND, INC.	Common	169373107	2,642	265,518	SH		SOLE		265,518	0	0
CHUBB LTD	Common	H1467J104	2,940	21,000	SH		SOLE		21,000	0	0
CIGNA CORP	Common	125509109	2,412	3,000	SH		SOLE		3,000	0	0
CISCO SYSTEMS INC	Common	17275R102	2,099	40,500	SH		SOLE		40,500	0	0
CLEARBRIDGE AMERICAN ENER	Common	184691103	2,846	96,100	SH		SOLE		96,100	0	0
CLOROX COMPANY (THE)	Common	189054109	2,277	9,500	SH		SOLE		9,500	0	0
CLOUGH GLOBAL DIV AND INC	Sh Ben Int	18913Y103	966	13,000	SH		SOLE		13,000	0	0
CLOUGH GLOBAL EQUITY FUND	Common	18914C100	990	14,100	SH		SOLE		14,100	0	0
CLOUGH GLOBAL OPPORTUNITY	Sh Ben Int	18914E304	1,001	6,000	SH		SOLE		6,000	0	0
CME GROUP, INC.	Common	12572Q105	2,227	14,000	SH		SOLE		14,000	0	0
CMS ENERGY CORP	Common	125896100	2,214	254,451	SH		SOLE		254,451	0	0
COGNIZANT TECH SOLUTIONS	Common	192446102	1,745	55,000	SH		SOLE		55,000	0	0
COH & STEER GL INC BLDER	Common	19248M103	767	11,200	SH		SOLE		11,200	0	0
COHEN & STEER QUAL INC FD	Common	19247L106	220	24,697	SH		SOLE		24,697	0	0
COHEN & STEERS MLP INCOME	Common	19249B106	558	39,951	SH		SOLE		39,951	0	0
COHEN & STEERS PREF INC	Common	19247X100	245	4,000	SH		SOLE		4,000	0	0
COHEN & STEERS SEL UTILI	Common	19248A109	86	10,420	SH		SOLE		10,420	0	0
COLGATE-PALMOLIVE COMPANY	Common	194162103	2,287	44,000	SH		SOLE		44,000	0	0
CONAGRA FOODS INC.	Common	205887102	3,001	139,331	SH		SOLE		139,331	0	0
CONCHO RESOURCES	Common	20605P101	1,673	67,291	SH		SOLE		67,291	0	0
CONSOLIDATED EDISON INC	Common	209115104	1,396	9,000	SH		SOLE		9,000	0	0
CONSTELLATION BRANDS INC	Common	21036P108	170	13,467	SH		SOLE		13,467	0	0
COSTCO WHOLESALE CORP	Common	22160K105	2,176	10,000	SH		SOLE		10,000	0	0
CUTWATER SELECT INCOME	Common	232229104	1,806	45,972	SH		SOLE		45,972	0	0
DANAHER CORPORATION	Common	235851102	1,534	13,300	SH		SOLE		13,300	0	0
DEERE & COMPANY	Common	244199105	1,572	9,000	SH		SOLE		9,000	0	0
DELAWARE ENHANCED GBL DIV	Common	246060107	1,570	29,000	SH		SOLE		29,000	0	0
DISCOVER FINANCIAL SERV	Common	254709108	1,570	9,100	SH		SOLE		9,100	0	0
DOLLAR GENERAL CORP	Common	256677105	1,568	20,000	SH		SOLE		20,000	0	0
DOLLAR TREE INC	Common	256746108	1,490	110,517	SH		SOLE		110,517	0	0
DOMINION RESOURCES INC/VA	Common	25746U109	1,648	201,209	SH		SOLE		201,209	0	0
DOW CHEMICAL CO	Common	260543103	1,480	20,300	SH		SOLE		20,300	0	0
DTE ENERGY CO	Common	233331107	1,438	12,000	SH		SOLE		12,000	0	0
DUFF & PHELPS GLOBAL	Common	26433C105	1,449	248,473	SH		SOLE		248,473	0	0
DUKE ENERGY CORP	Common	26441C204	1,408	11,203	SH		SOLE		11,203	0	0
DUPONT E I NEMOURS & CO	Common	263534109	1,621	14,900	SH		SOLE		14,900	0	0
EBAY INC	Common	278642103	1,397	12,000	SH		SOLE		12,000	0	0
EDISON INTERNATIONAL	Common	281020107	1,331	102,590	SH		SOLE		102,590	0	0
EDWARDS LIFESCIENCES	Common	28176E108	1,185	64,781	SH		SOLE		64,781	0	0
EOG RESOURCES INC	Common	26875P101	1,223	10,000	SH		SOLE		10,000	0	0
EQUINIX, INC.	Common	29444U700	1,209	9,900	SH		SOLE		9,900	0	0
EVERSOURCE ENERGY	Common	30040W108	1,187	208,680	SH		SOLE		208,680	0	0
FACEBOOK, INC - CLASS A	Common, Cl A	30303M102	1,179	67,015	SH		SOLE		67,015	0	0
FEDEX CORPORATION	Common	31428X106	1,171	13,000	SH		SOLE		13,000	0	0
FIDELITY NATL INFORM SERV	Common	31620M106	1,160	3,200	SH		SOLE		3,200	0	0
FIRST TR/ABER EMER OPP	Common	33731K102	1,162	27,100	SH		SOLE		27,100	0	0
FIRSTENERGY CORP	Common	337932107	1,165	34,400	SH		SOLE		34,400	0	0
FISERV	Common	337738108	1,137	11,000	SH		SOLE		11,000	0	0
FORTIVE CORPORATION	Common	34959J108	1,089	8,000	SH		SOLE		8,000	0	0
FREEPORT MCMORAN, INC.	Common	35671D857	1,173	9,300	SH		SOLE		9,300	0	0
GABELLI GLBL SMALL & MID	Common	36249W104	1,024	19,000	SH		SOLE		19,000	0	0
GABELLI GLOBAL ULI & INC	Common	36242L105	982	26,000	SH		SOLE		26,000	0	0
GENERAL AMERICAN INVESTOR	Common	368802104	1,069	11,000	SH		SOLE		11,000	0	0
GENERAL DYNAMICS CORP	Common	369550108	1,051	3,900	SH		SOLE		3,900	0	0
GENERAL ELECTRIC CO	Common	369604103	1,031	9,000	SH		SOLE		9,000	0	0
GENERAL MILLS INC	Common	370334104	1,014	11,500	SH		SOLE		11,500	0	0
HOME DEPOT, INC. (THE)	Common	437076102	923	91,416	SH		SOLE		91,416	0	0
HONEYWELL INTERNATL INC	Common	438516106	923	8,500	SH		SOLE		8,500	0	0
ILLINOIS TOOL WORKS INC	Common	452308109	732	7,000	SH		SOLE		7,000	0	0
INDIA FUND, INC.	Common	454089103	864	10,000	SH		SOLE		10,000	0	0
INTEL CORPORATION	Common	458140100	752	6,000	SH		SOLE		6,000	0	0
INTERCONTINENTAL EXCHANGE	Common	45866F104	907	8,000	SH		SOLE		8,000	0	0
INVESCO VALUE MUNI INCOME	Common	46132P108	777	10,000	SH		SOLE		10,000	0	0
ISHARES CORE S&P 500 ETF	ETF	464287200	726	23,000	SH		SOLE		23,000	0	0
JAPAN SMALLER CAPITAL FD	Common	47109U104	705	77,525	SH		SOLE		77,525	0	0
JOHNSON & JOHNSON	Common	478160104	712	8,900	SH		SOLE		8,900	0	0
KELLOGG COMPANY	Common	487836108	683	3,800	SH		SOLE		3,800	0	0
KIMBERLY CLARK CORP	Common	494368103	660	61,715	SH		SOLE		61,715	0	0
KRAFT HEINZ CO. (THE)	Common	500754106	667	9,000	SH		SOLE		9,000	0	0
LAZARD GL TOTAL RT & INC	Common	52106W103	649	3,000	SH		SOLE		3,000	0	0
LAZARD WORLD DVD & INC	Common	521076109	633	5,000	SH		SOLE		5,000	0	0
LEGG MASON BW GLOBAL INC	Common	52469B100	3,122	143,526	SH		SOLE		143,526	0	0
LMP CAPITAL & INCOME FUND	Common	50208A102	205	4,800	SH		SOLE		4,800	0	0
LOCKHEED MARTIN CORP	Common	539830109	647	9,000	SH		SOLE		9,000	0	0
LOWE'S COMPANIES INC	Common	548661107	618	4,500	SH		SOLE		4,500	0	0
M&T BANK CORP	Common	55261F104	481	29,233	SH		SOLE		29,233	0	0
MACQUARIE GL TOTAL RE FD	Common	55608D101	559	10,900	SH		SOLE		10,900	0	0
MARSH & MCLENNAN COS INC	Common	571748102	553	8,000	SH		SOLE		8,000	0	0
MCDONALD'S CORPORATION	Common	580135101	614	58,145	SH		SOLE		58,145	0	0
MCKESSON CORP.	Common	58155Q103	591	9,200	SH		SOLE		9,200	0	0
MEDTRONIC PLC	Common	G5960L103	580	9,100	SH		SOLE		9,100	0	0
MERCK & CO., INC.	Common	58933Y105	509	10,000	SH		SOLE		10,000	0	0
METLIFE INC	Common	59156R108	570	8,300	SH		SOLE		8,300	0	0
MICROSOFT CORPORATION	Common	594918104	485	5,000	SH		SOLE		5,000	0	0
MONSTER BEVERAGE CORP	Common	61174X109	549	51,036	SH		SOLE		51,036	0	0
MORGAN STANLEY ASIA-PAC	Common	61744U106	4,378	200,912	SH		SOLE		200,912	0	0
MORGAN STANLEY CHINA	Common	617468103	3,103	228,490	SH		SOLE		228,490	0	0
MORGAN STANLEY INDIA INV	Common	61745C105	786	10,000	SH		SOLE		10,000	0	0
MYLAN N.V.	Common	N59465109	452	11,500	SH		SOLE		11,500	0	0
NASDAQ, INC.	Common	631103108	450	7,000	SH		SOLE		7,000	0	0
NEUBERGER BERMAN REAL EST	Common	64190A103	439	4,000	SH		SOLE		4,000	0	0
NEW IRELAND FUND	Common	645673104	747	79,641	SH		SOLE		79,641	0	0
NEWMONT MINING CORP	Common	651639106	441	6,900	SH		SOLE		6,900	0	0
NEXTERA ENERGY, INC.	Common	65339F101	448	9,500	SH		SOLE		9,500	0	0
NORFOLK SOUTHERN CORP	Common	655844108	407	8,300	SH		SOLE		8,300	0	0
NUCOR CORP	Common	670346105	396	7,000	SH		SOLE		7,000	0	0
NUVEEN CREDIT STATEGIES	Common	67073D102	699	9,800	SH		SOLE		9,800	0	0
NUVEEN REAL ASSET INCOME	Common	67074Y105	696	7,000	SH		SOLE		7,000	0	0
NVIDIA CORP	Common	67066G104	392	13,000	SH		SOLE		13,000	0	0
OCCIDENTAL PETRO CORP	Common	674599105	376	3,000	SH		SOLE		3,000	0	0
ONEOK, INC.	Common	682680103	391	9,500	SH		SOLE		9,500	0	0
ORACLE CORPORATION	Common	68389X105	381	8,600	SH		SOLE		8,600	0	0
O'REILLY AUTOMOTIVE INC	Common	67103H107	380	11,000	SH		SOLE		11,000	0	0
PAYCHEX INC	Common	704326107	375	3,300	SH		SOLE		3,300	0	0
PAYPAL HOLDINGS, INC.	Common	70450Y103	268	4,000	SH		SOLE		4,000	0	0
PEPSICO INC	Common	713448108	358	4,000	SH		SOLE		4,000	0	0
PFIZER INC	Common	717081103	348	3,000	SH		SOLE		3,000	0	0
PG&E CORP HOLDINGS CO	Common	69331C108	374	30,551	SH		SOLE		30,551	0	0
PHILIP MORRIS INT'L, INC.	Common	718172109	325	4,500	SH		SOLE		4,500	0	0
PHILLIPS 66	Common	718546104	279	3,700	SH		SOLE		3,700	0	0
PINNACLE WEST CAPITAL CP	Common	723484101	287	4,000	SH		SOLE		4,000	0	0
PIONEER NATURAL RESOURCES	Common	723787107	272	5,500	SH		SOLE		5,500	0	0
PNC FINANCIAL SERVICES GR	Common	693475105	316	4,100	SH		SOLE		4,100	0	0
PPG INDUSTRIES INC	Common	693506107	287	9,100	SH		SOLE		9,100	0	0
PPL CORPORATION	Common	69351T106	286	6,000	SH		SOLE		6,000	0	0
PROCTER AND GAMBLE CO.	Common	742718109	333	7,500	SH		SOLE		7,500	0	0
PROGRESSIVE CORPORATION	Common	743315103	332	3,100	SH		SOLE		3,100	0	0
PRUDENTIAL FINANCIAL, INC	Common	744320102	280	1,000	SH		SOLE		1,000	0	0
PUBLIC SERVICE ENTPRS GR	Common	744573106	374	3,100	SH		SOLE		3,100	0	0
RAYTHEON COMPANY	Common	755111507	214	9,000	SH		SOLE		9,000	0	0
REYNOLDS AMERICAN, INC.	Common	761713106	266	4,600	SH		SOLE		4,600	0	0
RMR REAL ESTATE INCOME FD	Common	76970B101	247	4,000	SH		SOLE		4,000	0	0
ROSS STORES, INC.	Common	778296103	222	3,500	SH		SOLE		3,500	0	0
ROYCE GLOBAL VALUE TRUST	Common	78081T104	256	3,000	SH		SOLE		3,000	0	0
ROYCE MICRO-CAP TRUST INC	Common	780915104	245	3,000	SH		SOLE		3,000	0	0
ROYCE VALUE TRUST, INC.	Common	780910105	209	2,700	SH		SOLE		2,700	0	0
S&P GLOBAL INC	Common	78409V104	190	12,465	SH		SOLE		12,465	0	0
SALESFORCE.COM INC	Common	79466L302	2,135	14,000	SH		SOLE		14,000	0	0
SHERWIN-WILLIAMS CO	Common	824348106	192	15,637	SH		SOLE		15,637	0	0
SPECTRA ENERGY CORP.	Common	847560109	203	2,200	SH		SOLE		2,200	0	0
SPROTT FOCUS TRUST, INC.	Common	85208J109	1,085	62,955	SH		SOLE		62,955	0	0
STARBUCKS CORP	Common	855244109	206	3,800	SH		SOLE		3,800	0	0
TAIWAN FUND, INC.	Common	874036106	119	13,300	SH		SOLE		13,300	0	0
TEKLA HEALTHCARE INVESTOR	Sh Ben Int	87911J103	916	5,500	SH		SOLE		5,500	0	0
TEMPLETON DRAGON FUND INC	Common	88018T101	150	19,993	SH		SOLE		19,993	0	0
TEMPLETON EMERGING MRKT	Common	880191101	1,323	12,100	SH		SOLE		12,100	0	0
TEXAS INSTRUMENTS INC	Common	882508104	115	10,600	SH		SOLE		10,600	0	0
THE EUROPEAN EQUITY FUND	Common	298768102	1,356	101,725	SH		SOLE		101,725	0	0
THE GDL FUND	Sh Ben Int	361570104	1,031	36,264	SH		SOLE		36,264	0	0
THE MEXICO FUND, INC.	Common	592835102	476	59,287	SH		SOLE		59,287	0	0
THE WALT DISNEY CO	Common	254687106	1,517	186,654	SH		SOLE		186,654	0	0
TRI CONTINENTAL	Common	895436103	113	17,137	SH		SOLE		17,137	0	0
TWENTY FIRST CENTURY FOX	Common, Cl B	90130A200	1,127	13,987	SH		SOLE		13,987	0	0
UNITEDHEALTH GROUP, INC.	Common	91324P102	105	17,700	SH		SOLE		17,700	0	0
US BANCORP	Common	902973304	94	11,486	SH		SOLE		11,486	0	0
VOYA ASIA PACIFIC HIGH DI	Common	92912J102	912	7,000	SH		SOLE		7,000	0	0
VOYA EMERGING MKTS HIGH	Common	92912P108	832	8,600	SH		SOLE		8,600	0	0
VOYA INFASTRUCTURE INDUS	Common	92912X101	894	8,800	SH		SOLE		8,800	0	0
VOYA NATURAL RESOURCES EQ	Common	92913C106	733	67,846	SH		SOLE		67,846	0	0
WELLS FARGO ADVANTAGE GLB	Common	94987C103	1,228	17,000	SH		SOLE		17,000	0	0