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	87911L108	12,870	161,000	SH		SOLE		161,000	0	0
ABERDEEN GLOBAL DYNAMIC	Common	870875101	1,794	189,489	SH		SOLE		189,489	0	0
ABERDEEN GLOBAL PREM PROP	Sh Ben Int	78409V104	3,013	501,290	SH		SOLE		501,290	0	0
ABERDEEN JAPAN EQUITY FUN	Common	19247X100	373	53,562	SH		SOLE		53,562	0	0
ABERDEEN TOTAL DYNAMIC	Sh Ben Int	836144105	12,586	1,525,570	SH		SOLE		1,525,570	0	0
ACCENTURE PLC - CLASS A	Common	87911K100	8,449	48,000	SH		SOLE		48,000	0	0
ADAMS EXPRESS	Common	874036106	27,085	1,875,715	SH		SOLE		1,875,715	0	0
ADAMS NATURALS RESOURCES	Common	071813109	14,024	836,282	SH		SOLE		836,282	0	0
ADOBE, INC.	Common	879105104	3,731	14,000	SH		SOLE		14,000	0	0
AIR PRODUCTS & CHEMICALS	Common	824348106	3,819	20,000	SH		SOLE		20,000	0	0
ALLIANZGI NFJ DIVIDEND	Sh Ben Int	09250U101	14,687	1,217,859	SH		SOLE		1,217,859	0	0
ALLSTATE CORPORATION	Common	867914103	2,920	31,000	SH		SOLE		31,000	0	0
ALPHABET, INC. - CLASS C	Common, Cl C	26875P101	47,410	40,407	SH		SOLE		40,407	0	0
AMAZON.COM INC	Common	855244109	37,396	21,000	SH		SOLE		21,000	0	0
AMERICAN ELECTRIC POWER	Common	871829107	2,931	35,000	SH		SOLE		35,000	0	0
AMERICAN EXPRESS COMPANY	Common	780910105	5,246	48,000	SH		SOLE		48,000	0	0
ANTHEM, INC.	Common	78462F103	6,601	23,000	SH		SOLE		23,000	0	0
AON PLC	Common, Cl A	828806109	1,195	7,000	SH		SOLE		7,000	0	0
APPLE, INC.	Common	88018T101	26,023	137,000	SH		SOLE		137,000	0	0
AUTOMATIC DATA PROCESSING	Common	87911J103	5,910	37,000	SH		SOLE		37,000	0	0
AUTOZONE INC	Common	780915104	1,229	1,200	SH		SOLE		1,200	0	0
BANK OF AMERICA CORP	Common	778296103	17,307	627,300	SH		SOLE		627,300	0	0
BAXTER INTERNATIONAL INC	Common	776696106	4,228	52,000	SH		SOLE		52,000	0	0
BB&T CORPORATION	Common	76970B101	3,071	66,000	SH		SOLE		66,000	0	0
BECTON, DICKINSON AND CO.	Common	74340W103	3,996	16,000	SH		SOLE		16,000	0	0
BERKSHIRE HATHAWAY INC-B	Common, Cl B	713448108	19,486	97,000	SH		SOLE		97,000	0	0
BLACKROCK CREDIT ALLOC.	Common	701094104	2,423	195,209	SH		SOLE		195,209	0	0
BLACKROCK ENH EQUITY	Sh Ben Int	744320102	134	15,677	SH		SOLE		15,677	0	0
BLACKROCK GL OPP EQ TRUST	Sh Ben Int	717081103	3,793	354,488	SH		SOLE		354,488	0	0
BLACKROCK GLOBAL EN & RES	Sh Ben Int	743315103	1,736	143,328	SH		SOLE		143,328	0	0
BLACKROCK INTERNTNL GR IN	Sh Ben Int	742718109	430	77,393	SH		SOLE		77,393	0	0
BLACKROCK RESOUR & COMM	Sh Ben Int	760759100	10,649	1,303,407	SH		SOLE		1,303,407	0	0
BOEING CO	Common	78081T104	20,597	54,000	SH		SOLE		54,000	0	0
BOOKING HOLDINGS, INC.	Common	693475105	5,409	3,100	SH		SOLE		3,100	0	0
BOSTON SCIENTIFIC CORP	Common	704326107	4,260	111,000	SH		SOLE		111,000	0	0
BRANDYWINE GLOBAL INCOME	Common	67103H107	2,753	247,375	SH		SOLE		247,375	0	0
BROADCOM INC	Common	79466L302	11,126	37,000	SH		SOLE		37,000	0	0
CATERPILLAR INC	Common	67074Y105	5,013	37,000	SH		SOLE		37,000	0	0
CBRE CLARION GLOBAL REAL	Sh Ben Int	244199105	14,306	1,915,082	SH		SOLE		1,915,082	0	0
CENTENE CORPORATION	Common	594918104	2,060	38,800	SH		SOLE		38,800	0	0
CENTRAL EUROPE RUSSIA & T	Common	65339F101	2,799	116,362	SH		SOLE		116,362	0	0
CHARLES SCHWAB CORP	Common	G1151C101	1,698	39,700	SH		SOLE		39,700	0	0
CHINA FUND, INC.	Common	645673104	899	44,105	SH		SOLE		44,105	0	0
CHUBB LTD	Common	655844108	2,802	20,000	SH		SOLE		20,000	0	0
CIGNA CORP	Common	644465106	4,908	30,518	SH		SOLE		30,518	0	0
CISCO SYSTEMS INC	Common	580135101	23,540	436,000	SH		SOLE		436,000	0	0
CITIGROUP, INC.	Common	674599105	11,554	185,700	SH		SOLE		185,700	0	0
CLEARBRIDGE ENERGY MLP	Common	571748102	585	60,354	SH		SOLE		60,354	0	0
CLEARBRIDGE ENERGY OPPORT	Common	45866F104	819	85,258	SH		SOLE		85,258	0	0
CLOUGH GLOBAL DIV AND INC	Sh Ben Int	30231G102	405	36,472	SH		SOLE		36,472	0	0
CLOUGH GLOBAL OPPORTUNITY	Sh Ben Int	30303M102	2,489	257,704	SH		SOLE		257,704	0	0
CME GROUP, INC.	Common	61745C105	4,987	30,300	SH		SOLE		30,300	0	0
COGNIZANT TECH SOLUTIONS	Common	557437100	4,130	57,000	SH		SOLE		57,000	0	0
COH & STEER GL INC BLDER	Common	231021106	540	63,334	SH		SOLE		63,334	0	0
COHEN & STEERS PREF INC	Common	01883A107	2,123	103,040	SH		SOLE		103,040	0	0
COMCAST CORP - CLASS A	Common, Cl A	64129H104	17,511	438,000	SH		SOLE		438,000	0	0
CONOCOPHILLIPS	Common	592834105	6,607	99,000	SH		SOLE		99,000	0	0
COSTCO WHOLESALE CORP	Common	58933Y105	9,565	39,500	SH		SOLE		39,500	0	0
CROWN CASTLE INTL CORP	Common	654106103	4,480	35,000	SH		SOLE		35,000	0	0
CSX CORPORATION	Common	57636Q104	6,053	80,900	SH		SOLE		80,900	0	0
CUMMINS INC.	Common	61744U106	1,421	9,000	SH		SOLE		9,000	0	0
CVS HEALTH CORP	Common	548661107	4,211	78,080	SH		SOLE		78,080	0	0
DEERE & COMPANY	Common	G5494J103	5,115	32,000	SH		SOLE		32,000	0	0
DELAWARE ENHANCED GBL DIV	Sh Ben Int	521076109	2,743	283,660	SH		SOLE		283,660	0	0
Dollar General Corp	Common	52106W103	2,505	21,000	SH		SOLE		21,000	0	0
DOMINION ENERGY, INC.	Common	539830109	3,450	45,000	SH		SOLE		45,000	0	0
DOWDUPONT INC.	Common	478160104	5,550	104,114	SH		SOLE		104,114	0	0
DTE ENERGY CO	Common	48661E108	2,370	19,000	SH		SOLE		19,000	0	0
DUFF & PHELPS GLOBAL	Common	486606106	6,698	448,321	SH		SOLE		448,321	0	0
DUKE ENERGY CORP	Common	46625H100	1,080	12,000	SH		SOLE		12,000	0	0
EATON VANCE LIM DUR INC	Sh Ben Int	440452100	441	34,862	SH		SOLE		34,862	0	0
EATON VANCE T/A GL DVD FD	Sh Ben Int	454089103	2,532	162,911	SH		SOLE		162,911	0	0
EATON VANCE TAX-MAN GL	Sh Ben Int	444859102	252	25,824	SH		SOLE		25,824	0	0
EATON VANCE TAX-MANAGE GL	Sh Ben Int	437076102	781	95,908	SH		SOLE		95,908	0	0
ECOLAB INC	Common	41013P749	4,414	25,000	SH		SOLE		25,000	0	0
ELI LILLY & CO	Common	125523100	11,808	91,000	SH		SOLE		91,000	0	0
EOG RESOURCES INC	Common	G47791101	1,713	18,000	SH		SOLE		18,000	0	0
EXELON CORPORATION	Common	438516106	3,760	75,000	SH		SOLE		75,000	0	0
EXXON MOBIL CORPORATION	Common	092524107	23,241	287,636	SH		SOLE		287,636	0	0
FACEBOOK, INC - CLASS A	Common, Cl A	42804T106	13,085	78,500	SH		SOLE		78,500	0	0
FIRST TR/ABER EMER OPP	Sh Ben Int	368802104	689	51,235	SH		SOLE		51,235	0	0
FIRST TR/DYN EUR EQTY INC	Sh Ben Int	40412C101	295	20,598	SH		SOLE		20,598	0	0
FISERV	Common	36465E101	3,443	39,000	SH		SOLE		39,000	0	0
FORTIVE CORPORATION	Common	355145103	1,258	15,000	SH		SOLE		15,000	0	0
FRANKLIN UNIVERSAL TRUST	Sh Ben Int	36249W104	501	71,018	SH		SOLE		71,018	0	0
GABELLI GLBL SMALL & MID	Sh Ben Int	33731K102	2,758	234,525	SH		SOLE		234,525	0	0
GAMCO NATURAL RESOURCES	Sh Ben Int	30161N101	61	10,814	SH		SOLE		10,814	0	0
GENERAL AMERICAN INVESTOR	Common	34959J108	21,304	639,570	SH		SOLE		639,570	0	0
HCA HEALTHCARE, INC.	Common	278865100	4,172	32,000	SH		SOLE		32,000	0	0
HERZFELD CARIBBEAN BASIN	Common	55608D101	476	81,372	SH		SOLE		81,372	0	0
HOME DEPOT, INC. (THE)	Common	27829F108	20,072	104,600	SH		SOLE		104,600	0	0
HONEYWELL INTERNATL INC	Common	27829C105	5,562	35,000	SH		SOLE		35,000	0	0
HORMEL FOODS CORP.	Common	26441C204	2,104	47,000	SH		SOLE		47,000	0	0
HUMANA INC	Common	233331107	2,128	8,000	SH		SOLE		8,000	0	0
INDIA FUND, INC.	Common	246060107	1,139	53,266	SH		SOLE		53,266	0	0
INGERSOLL RAND PLC	Common	22160K105	2,267	21,000	SH		SOLE		21,000	0	0
INTEL CORPORATION	Common	126408103	22,914	426,700	SH		SOLE		426,700	0	0
INTERCONTINENTAL EXCHANGE	Common	25746U109	3,655	48,000	SH		SOLE		48,000	0	0
INTUIT INC	Common	22822V101	6,012	23,000	SH		SOLE		23,000	0	0
ISHARES CORE S&P 500 ETF	ETF	20030N101	7,114	25,000	SH		SOLE		25,000	0	0
JAPAN SMALLER CAPITAL FD	Common	192446102	2,996	341,661	SH		SOLE		341,661	0	0
JOHN HANCOCK TAX-ADV	Sh Ben Int	26433C105	420	61,191	SH		SOLE		61,191	0	0
JOHNSON & JOHNSON	Common	19248M103	21,905	156,700	SH		SOLE		156,700	0	0
JPMORGAN CHASE & CO	Common	12572Q105	28,547	282,000	SH		SOLE		282,000	0	0
KAYNE ANDERSON MIDSTREAM	Common	18469P100	3,598	302,376	SH		SOLE		302,376	0	0
KAYNE ANDERSON MLP INVEST	Common	18469Q108	3,119	194,600	SH		SOLE		194,600	0	0
KOREA FUND, INC.	Common	18913Y103	930	31,770	SH		SOLE		31,770	0	0
LAZARD GL TOTAL RT & INC	Common	172967424	531	34,367	SH		SOLE		34,367	0	0
LAZARD WORLD DVD & INC	Common	169373107	235	23,711	SH		SOLE		23,711	0	0
LINDE PLC	Common	17275R102	2,111	12,000	SH		SOLE		12,000	0	0
LOCKHEED MARTIN CORP	Common	H1467J104	8,404	28,000	SH		SOLE		28,000	0	0
LOWE'S COMPANIES INC	Common	808513105	5,911	54,000	SH		SOLE		54,000	0	0
MACQUARIE GL TOTAL RE FD	Common	11135F101	7,098	319,868	SH		SOLE		319,868	0	0
MADISON COVERED CALL & EQ	Sh Ben Int	12504G100	117	17,126	SH		SOLE		17,126	0	0
MARSH & MCLENNAN COS INC	Common	10537L104	1,315	14,000	SH		SOLE		14,000	0	0
MASTERCARD INC - CLASS A	Common	153436100	14,056	59,700	SH		SOLE		59,700	0	0
MCDONALD'S CORPORATION	Common	15135B101	6,590	34,700	SH		SOLE		34,700	0	0
MEDTRONIC PLC	Common	149123101	10,474	115,000	SH		SOLE		115,000	0	0
MERCK & CO., INC.	Common	101137107	20,443	245,800	SH		SOLE		245,800	0	0
MEXICO EQUITY & INCOME	Common	097023105	489	46,285	SH		SOLE		46,285	0	0
MICROSOFT CORPORATION	Common	09857L108	56,422	478,400	SH		SOLE		478,400	0	0
MORGAN STANLEY ASIA-PAC	Common	816851109	1,036	63,334	SH		SOLE		63,334	0	0
MORGAN STANLEY INDIA INV	Common	126650100	2,202	105,377	SH		SOLE		105,377	0	0
NEUBERGER BERMAN MLP INC	Common	09251A104	331	41,567	SH		SOLE		41,567	0	0
NEW GERMANY FUND. INC.	Common	33740D107	747	53,437	SH		SOLE		53,437	0	0
NEW IRELAND FUND	Common	20825C104	989	109,916	SH		SOLE		109,916	0	0
NEXTERA ENERGY, INC.	Common	092524107	5,220	27,000	SH		SOLE		27,000	0	0
NIKE INC CL B	Common, Cl B	092501105	7,579	90,000	SH		SOLE		90,000	0	0
NORFOLK SOUTHERN CORP	Common	092508100	5,420	29,000	SH		SOLE		29,000	0	0
NUVEEN REAL ASSET INCOME	Sh Ben Int	18914E106	10,873	677,855	SH		SOLE		677,855	0	0
OCCIDENTAL PETRO CORP	Common	075887109	722	10,900	SH		SOLE		10,900	0	0
O'REILLY AUTOMOTIVE INC	Common	084670702	1,165	3,000	SH		SOLE		3,000	0	0
PARKER HANNIFIN CORP	Common	G0408V102	1,545	9,000	SH		SOLE		9,000	0	0
PAYCHEX INC	Common	054937107	2,486	31,000	SH		SOLE		31,000	0	0
PEPSICO INC	Common	060505104	13,481	110,000	SH		SOLE		110,000	0	0
PFIZER INC	Common	053332102	20,555	484,000	SH		SOLE		484,000	0	0
PNC FINANCIAL SERVICES GR	Common	025816109	1,717	14,000	SH		SOLE		14,000	0	0
PROCTER AND GAMBLE CO.	Common	053015103	14,879	143,000	SH		SOLE		143,000	0	0
PROGRESSIVE CORPORATION	Common	037833100	3,893	54,000	SH		SOLE		54,000	0	0
PROLOGIS, INC.	Common	036752103	1,367	19,000	SH		SOLE		19,000	0	0
PRUDENTIAL FINANCIAL, INC	Common	025537101	1,277	13,900	SH		SOLE		13,900	0	0
REPUBLIC SERVICES INC	Common	00548F105	2,331	29,000	SH		SOLE		29,000	0	0
RMR REAL ESTATE INCOME FD	Sh Ben Int	02079K107	4,660	249,333	SH		SOLE		249,333	0	0
ROPER TECHNOLOGIES INC.	Common	009158106	2,907	8,500	SH		SOLE		8,500	0	0
ROSS STORES, INC.	Common	00724F101	3,165	34,000	SH		SOLE		34,000	0	0
ROYCE GLOBAL VALUE TRUST	Common	023135106	2,526	251,129	SH		SOLE		251,129	0	0
ROYCE MICRO-CAP TRUST INC	Common	020002101	1,764	211,813	SH		SOLE		211,813	0	0
ROYCE VALUE TRUST, INC.	Common	006212104	6,416	466,255	SH		SOLE		466,255	0	0
S&P GLOBAL INC	Common	002824100	1,684	8,000	SH		SOLE		8,000	0	0
SALESFORCE.COM INC	Common	G5960L103	3,009	19,000	SH		SOLE		19,000	0	0
SEMPRA ENERGY	Common	00724F101	629	5,000	SH		SOLE		5,000	0	0
SHERWIN-WILLIAMS CO	Common	00326L100	3,015	7,000	SH		SOLE		7,000	0	0
SIMON PROPERTY GROUP INC	Common	00302M106	4,901	26,900	SH		SOLE		26,900	0	0
SOURCE CAPITAL, INC	Common	00302L108	3,461	96,143	SH		SOLE		96,143	0	0
SPDR S&P 500 ETF TRUST	ETF	G1151C101	9,887	35,000	SH		SOLE		35,000	0	0
STARBUCKS CORP	Common	855244109	7,806	105,000	SH		SOLE		105,000	0	0
SUNTRUST BANKS INC	Common	006212104	1,600	27,000	SH		SOLE		27,000	0	0
SWISS HELVETIA FUND	Common	025537101	473	62,285	SH		SOLE		62,285	0	0
SYSCO CORPORATION	Common	00302M106	3,238	48,500	SH		SOLE		48,500	0	0
TAIWAN FUND, INC.	Common	009158106	664	37,020	SH		SOLE		37,020	0	0
TEKLA HEALTHCARE INVESTOR	Sh Ben Int	27828S101	2,436	118,614	SH		SOLE		118,614	0	0
TEKLA HEALTHCARE OPP	Sh Ben Int	023135106	5,217	296,100	SH		SOLE		296,100	0	0
TEKLA LIFE SCIENCES	Sh Ben Int	27828H105	360	21,000	SH		SOLE		21,000	0	0
TEKLA WORLD HEALTHCARE	Sh Ben Int	036752103	272	21,220	SH		SOLE		21,220	0	0
TEMPLETON DRAGON FUND INC	Common	020002101	4,216	212,077	SH		SOLE		212,077	0	0
TEMPLETON EMERGING MRKT	Common	461202103	2,351	157,979	SH		SOLE		157,979	0	0
TEXAS INSTRUMENTS INC	Common	61744U106	9,440	89,000	SH		SOLE		89,000	0	0
THE CUSHING ENERGY INCOME	Sh Ben Int	053015103	399	52,805	SH		SOLE		52,805	0	0
THE EAGLE GROWTH & INCOME	Sh Ben Int	464287200	1,655	107,699	SH		SOLE		107,699	0	0
THE EUROPEAN EQUITY FUND	Common	47109U104	353	40,524	SH		SOLE		40,524	0	0
THE GABELLI HLTHCARE WELL	Sh Ben Int	532457108	4,582	435,955	SH		SOLE		435,955	0	0
THE GDL FUND	Sh Ben Int	337738108	4,325	452,417	SH		SOLE		452,417	0	0
THE MEXICO FUND, INC.	Common	09257A108	3,493	252,396	SH		SOLE		252,396	0	0
THE SOUTHERN COMPANY	Common	00306J109	2,946	57,000	SH		SOLE		57,000	0	0
THE TJX COMPANIES INC	Common	00326L100	6,172	116,000	SH		SOLE		116,000	0	0
THE WALT DISNEY CO	Common	500634209	13,324	120,000	SH		SOLE		120,000	0	0
THERMO FISHER SCIENTIFIC	Common	G0408V102	6,022	22,000	SH		SOLE		22,000	0	0
TRI CONTINENTAL	Common	11135F101	8,115	308,564	SH		SOLE		308,564	0	0
UNION PACIFIC CORP	Common	025816109	11,871	71,000	SH		SOLE		71,000	0	0
UNITED PARCEL SERVICE B	Common	053332102	8,671	77,600	SH		SOLE		77,600	0	0
UNITEDHEALTH GROUP, INC.	Common	00302L108	9,643	39,000	SH		SOLE		39,000	0	0
US BANCORP	Common	097023105	4,337	90,000	SH		SOLE		90,000	0	0
VERIZON COMMUNICATIONS	Common	071813109	21,819	369,000	SH		SOLE		369,000	0	0
VISA, INC. - CLASS A	Common	060505104	19,383	124,100	SH		SOLE		124,100	0	0
VOYA ASIA PACIFIC HIGH DI	Sh Ben Int	26078J100	590	63,011	SH		SOLE		63,011	0	0
VOYA INFASTRUCTURE INDUS	Sh Ben Int	256677105	1,025	81,370	SH		SOLE		81,370	0	0
WALGREENS BOOTS ALLIANCE	Common	054937107	4,049	64,000	SH		SOLE		64,000	0	0
WALMART, INC.	Common	09251A104	24,285	249,000	SH		SOLE		249,000	0	0
WASTE MANAGEMENT INC	Common	09257A108	3,949	38,000	SH		SOLE		38,000	0	0
WELLS FARGO ADVANTAGE GLB	Sh Ben Int	458140100	207	39,493	SH		SOLE		39,493	0	0
XCEL ENERGY, INC.	Common	075887109	2,192	39,000	SH		SOLE		39,000	0	0
XILINX INC	Common	09250U101	3,550	28,000	SH		SOLE		28,000	0	0
ZOETIS, INC.	Common	98978V103	2,215	22,000	SH		SOLE		22,000	0	0