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
AGILENT TECHNOLOGIES INC	Common	00846U101	2,322	23,000	SH		SOLE		23,000	0	0
APPLE, INC.	Common	037833100	69,023	596,000	SH		SOLE		596,000	0	0
ABBVIE, INC.	Common	00287Y109	11,474	131,000	SH		SOLE		131,000	0	0
ABBOTT LABORATORIES	Common	002824100	13,060	120,000	SH		SOLE		120,000	0	0
ACCENTURE PLC - CLASS A	Common, Cl A	G1151C101	11,751	52,000	SH		SOLE		52,000	0	0
ADOBE, INC.	Common	00724F101	16,184	33,000	SH		SOLE		33,000	0	0
AUTOMATIC DATA PROCESSING	Common	053015103	2,092	15,000	SH		SOLE		15,000	0	0
AUTODESK INC	Common	052769106	3,696	16,000	SH		SOLE		16,000	0	0
AMERICAN ELECTRIC POWER	Common	025537101	2,288	28,000	SH		SOLE		28,000	0	0
ALLSTATE CORPORATION	Common	020002101	2,165	23,000	SH		SOLE		23,000	0	0
AMGEN, INC.	Common	031162100	10,166	40,000	SH		SOLE		40,000	0	0
AMERICAN TOWER CORP	Common	03027X100	5,560	23,000	SH		SOLE		23,000	0	0
AMAZON.COM INC	Common	023135106	96,666	30,700	SH		SOLE		30,700	0	0
ANTHEM, INC.	Common	036752103	5,103	19,000	SH		SOLE		19,000	0	0
AON PLC	Common, Cl A	G0403H108	2,476	12,000	SH		SOLE		12,000	0	0
AIR PRODUCTS & CHEMICALS	Common	009158106	5,659	19,000	SH		SOLE		19,000	0	0
ACTIVISION BLIZZARD, INC.	Common	00507V109	2,429	30,000	SH		SOLE		30,000	0	0
American Water Works	Common	030420103	724	5,000	SH		SOLE		5,000	0	0
ABERDEEN GLOBAL PREM PROP	Sh Ben Int	00302L108	3,236	702,003	SH		SOLE		702,003	0	0
BANK OF AMERICA CORP	Common	060505104	5,565	231,000	SH		SOLE		231,000	0	0
BAXTER INTERNATIONAL INC	Common	071813109	965	12,000	SH		SOLE		12,000	0	0
BLACKROCK RESOUR & COMM	Sh Ben Int	09257A108	7,807	1,312,052	SH		SOLE		1,312,052	0	0
BECTON, DICKINSON AND CO.	Common	075887109	3,025	13,000	SH		SOLE		13,000	0	0
BLACKROCK INTERNTNL GR IN	Sh Ben Int	092524107	696	132,000	SH		SOLE		132,000	0	0
BIOGEN IDEC, INC.	Common	09062X103	3,394	11,965	SH		SOLE		11,965	0	0
BLACKROCK, INC.	Common	09247X101	2,254	4,000	SH		SOLE		4,000	0	0
BLACK ROCK HEALTH SCI TR	Common	09260E105	2,123	89,000	SH		SOLE		89,000	0	0
BLACKROCK GL OPP EQ TRUST	Sh Ben Int	092501105	1,923	200,956	SH		SOLE		200,956	0	0
BERKSHIRE HATHAWAY INC-B	Common, Cl B	084670702	21,933	103,000	SH		SOLE		103,000	0	0
MORGAN STANLEY CHINA	Common	617468103	7,013	332,053	SH		SOLE		332,053	0	0
CHUBB LTD	Common	H1467J104	1,161	10,000	SH		SOLE		10,000	0	0
CENTRAL EUROPE RUSSIA & T	Common	153436100	1,444	73,499	SH		SOLE		73,499	0	0
CLEARBRIDGE ENERGY MLP FUND	Common	184692200	1,613	145,964	SH		SOLE		145,964	0	0
CHARTER COMMUNICATIONS -A	Common, Cl A	16119P108	10,801	17,300	SH		SOLE		17,300	0	0
CIGNA CORP	Common	125523100	4,295	25,354	SH		SOLE		25,354	0	0
COLGATE-PALMOLIVE COMPANY	Common	194162103	1,543	20,000	SH		SOLE		20,000	0	0
CLOROX COMPANY (THE)	Common	189054109	1,892	9,000	SH		SOLE		9,000	0	0
COMCAST CORP - CLASS A	Common, Cl A	20030N101	20,262	438,000	SH		SOLE		438,000	0	0
CME GROUP, INC.	Common	12572Q105	1,338	8,000	SH		SOLE		8,000	0	0
CUMMINS INC.	Common	231021106	1,478	7,000	SH		SOLE		7,000	0	0
COSTCO WHOLESALE CORP	Common	22160K105	14,023	39,500	SH		SOLE		39,500	0	0
CALAMOS LONG SHORT EQ	Common	12812C106	1,599	110,125	SH		SOLE		110,125	0	0
CSX CORPORATION	Common	126408103	2,019	26,000	SH		SOLE		26,000	0	0
CINTAS CORP	Common	172908105	2,663	8,000	SH		SOLE		8,000	0	0
CLEARBRIDGE ENERGY MLP TOTAL RETURN FUND	Common	18469Q207	618	61,740	SH		SOLE		61,740	0	0
CVS HEALTH CORP	Common	126650100	5,490	94,000	SH		SOLE		94,000	0	0
DOMINION ENERGY, INC.	Common	25746U109	3,789	48,000	SH		SOLE		48,000	0	0
DEERE & COMPANY	Common	244199105	7,092	32,000	SH		SOLE		32,000	0	0
Dollar General Corp	Common	256677105	4,402	21,000	SH		SOLE		21,000	0	0
NUVEEN DOW30 DYN OVERWRT	Common	67075F105	704	51,997	SH		SOLE		51,997	0	0
DOW, INC.	Common	260557103	1,633	34,704	SH		SOLE		34,704	0	0
DUFF & PHELPS UTILITY INF	Common	26433C105	6,145	595,460	SH		SOLE		595,460	0	0
DUKE ENERGY CORP	Common	26441C204	3,011	34,000	SH		SOLE		34,000	0	0
DexCom Inc	Common	252131107	824	2,000	SH		SOLE		2,000	0	0
ELECTRONIC ARTS INC	Common	285512109	2,739	21,000	SH		SOLE		21,000	0	0
EBAY INC	Common	278642103	2,501	48,000	SH		SOLE		48,000	0	0
ECOLAB INC	Common	278865100	1,399	7,000	SH		SOLE		7,000	0	0
CLEARBRIDGE ENERGY OPPORT	Common	18469P209	527	60,124	SH		SOLE		60,124	0	0
EMERSON ELECTRIC COMPANY	Common	291011104	2,754	42,000	SH		SOLE		42,000	0	0
WELLS FARGO ADVANTAGE GLB	Sh Ben Int	94987C103	1,411	333,589	SH		SOLE		333,589	0	0
EQUINIX, INC.	Common	29444U700	4,713	6,200	SH		SOLE		6,200	0	0
EVERSOURCE ENERGY	Common	30040W108	1,838	22,000	SH		SOLE		22,000	0	0
EDWARDS LIFESCIENCES	Common	28176E108	1,197	15,000	SH		SOLE		15,000	0	0
EXELON CORPORATION	Common	30161N101	1,073	30,000	SH		SOLE		30,000	0	0
FASTENAL COMPANY	Common	311900104	1,849	41,000	SH		SOLE		41,000	0	0
FIRST TR/DYN EUR EQTY INC	Sh Ben Int	33740D107	2,063	205,275	SH		SOLE		205,275	0	0
FIRST TRUST MLP & ENERGY	Sh Ben Int	33739B104	824	177,534	SH		SOLE		177,534	0	0
FIRST TRUST ENERGY INCOME	Sh Ben Int	33738G104	2,324	256,530	SH		SOLE		256,530	0	0
FIRST TRUST ENERGY	Sh Ben Int	33738C103	770	85,990	SH		SOLE		85,990	0	0
FISERV	Common	337738108	4,946	48,000	SH		SOLE		48,000	0	0
FORTIVE CORPORATION	Common	34959J108	1,143	15,000	SH		SOLE		15,000	0	0
SPROTT FOCUS TRUST, INC.	Common	85208J109	587	98,653	SH		SOLE		98,653	0	0
GENERAL AMERICAN INVESTOR	Common	368802104	16,667	490,939	SH		SOLE		490,939	0	0
GENERAL DYNAMICS CORP	Common	369550108	3,184	23,000	SH		SOLE		23,000	0	0
THE GDL FUND	Sh Ben Int	361570104	2,182	260,349	SH		SOLE		260,349	0	0
GABELLI DIVIDEND & INCOME	Sh Ben Int	36242H104	6,526	355,636	SH		SOLE		355,636	0	0
GOLDMAN SACHS MLP ENERGY	Sh Ben Int	38148G206	4,777	798,750	SH		SOLE		798,750	0	0
GABELLI GLBL SMALL & MID	Sh Ben Int	36249W104	1,020	101,104	SH		SOLE		101,104	0	0
GILEAD SCIENCES, INC	Common	375558103	5,940	94,000	SH		SOLE		94,000	0	0
GENERAL MILLS INC	Common	370334104	2,652	43,000	SH		SOLE		43,000	0	0
CLOUGH GLOBAL OPPORTUNITY	Sh Ben Int	18914E106	1,980	211,978	SH		SOLE		211,978	0	0
CLOUGH GLOBAL EQUITY FUND	Common	18914C100	2,114	188,560	SH		SOLE		188,560	0	0
GAMCO NATURAL RESOURCES	Sh Ben Int	36465E101	215	43,460	SH		SOLE		43,460	0	0
ALPHABET, INC. - CLASS C	Common, Cl C	02079K107	41,149	28,000	SH		SOLE		28,000	0	0
GUGGENHEIM ENH EQ INC FD	Sh Ben Int	40167B100	5,312	974,713	SH		SOLE		974,713	0	0
THE GABELLI HLTHCARE WELL	Sh Ben Int	36246K103	2,220	215,107	SH		SOLE		215,107	0	0
JOHN HANCOCK HEDGED	Sh Ben Int	47804L102	959	90,854	SH		SOLE		90,854	0	0
HONEYWELL INTERNATL INC	Common	438516106	5,761	35,000	SH		SOLE		35,000	0	0
HORMEL FOODS CORP.	Common	440452100	1,320	27,000	SH		SOLE		27,000	0	0
HUMANA INC	Common	444859102	3,725	9,000	SH		SOLE		9,000	0	0
INTERCONTINENTAL EXCHANGE	Common	45866F104	4,002	40,000	SH		SOLE		40,000	0	0
VOYA INFASTRUCTURE INDUS	Sh Ben Int	92912X101	2,391	251,378	SH		SOLE		251,378	0	0
INDIA FUND, INC.	Common	454089103	3,476	210,681	SH		SOLE		210,681	0	0
VOYA GLOBAL EQUITY DIVD	Sh Ben Int	92912T100	696	140,650	SH		SOLE		140,650	0	0
CBRE CLARION GLOBAL REAL	Sh Ben Int	12504G100	16,042	2,682,670	SH		SOLE		2,682,670	0	0
MORGAN STANLEY INDIA INV	Common	61745C105	4,990	287,629	SH		SOLE		287,629	0	0
IHS MARKIT LTD	Common	G47567105	2,355	30,000	SH		SOLE		30,000	0	0
INTEL CORPORATION	Common	458140100	16,052	310,000	SH		SOLE		310,000	0	0
INGERSOLL-RAND INC	Common	45687V106	251	7,059	SH		SOLE		7,059	0	0
NEW IRELAND FUND	Common	645673104	200	23,807	SH		SOLE		23,807	0	0
ABERDEEN JAPAN EQUITY FUN	Common	00306J109	311	37,631	SH		SOLE		37,631	0	0
JOHNSON & JOHNSON	Common	478160104	30,327	203,700	SH		SOLE		203,700	0	0
JAPAN SMALLER CAPITAL FD	Common	47109U104	752	86,716	SH		SOLE		86,716	0	0
JPMORGAN CHASE & CO	Common	46625H100	9,146	95,000	SH		SOLE		95,000	0	0
NUVEEN REAL ASSET INCOME	Sh Ben Int	67074Y105	2,397	198,728	SH		SOLE		198,728	0	0
NUVEEN REAL ESTATE INC	Sh Ben Int	67071B108	717	95,027	SH		SOLE		95,027	0	0
NUVEEN TAX-ADV TOT RET ST	Sh Ben Int	67090H102	1,164	145,301	SH		SOLE		145,301	0	0
NUVEEN TAX-ADV DIV FUND	Sh Ben Int	67073G105	2,223	170,095	SH		SOLE		170,095	0	0
KOREA FUND, INC.	Common	500634209	398	13,415	SH		SOLE		13,415	0	0
KIMBERLY CLARK CORP	Common	494368103	3,692	25,000	SH		SOLE		25,000	0	0
KAYNE ANDERSON MIDSTREAM	Common	48661E108	575	142,645	SH		SOLE		142,645	0	0
KROGER COMPANY	Common	501044101	2,035	60,000	SH		SOLE		60,000	0	0
KAYNE ANDERSON MLP INVEST	Common	486606106	4,176	1,046,529	SH		SOLE		1,046,529	0	0
ELI LILLY & CO	Common	532457108	7,253	49,000	SH		SOLE		49,000	0	0
LOCKHEED MARTIN CORP	Common	539830109	10,732	28,000	SH		SOLE		28,000	0	0
LOWE'S COMPANIES INC	Common	548661107	8,791	53,000	SH		SOLE		53,000	0	0
MASTERCARD INC - CLASS A	Common, Cl A	57636Q104	10,145	30,000	SH		SOLE		30,000	0	0
MCKESSON CORP.	Common	58155Q103	1,936	13,000	SH		SOLE		13,000	0	0
MOODY'S CORP	Common	615369105	4,058	14,000	SH		SOLE		14,000	0	0
MAC/1ST GL IN/UT DIV & IN	Sh Ben Int	55607W100	227	29,519	SH		SOLE		29,519	0	0
MACQUARIE GL TOTAL RE FD	Common	55608D101	5,341	304,357	SH		SOLE		304,357	0	0
MCCORMICK & CO., INC.	Common	579780206	1,747	9,000	SH		SOLE		9,000	0	0
MARSH & MCLENNAN COS INC	Common	571748102	4,129	36,000	SH		SOLE		36,000	0	0
MONSTER BEVERAGE CORP	Common	61174X109	3,208	40,000	SH		SOLE		40,000	0	0
MERCK & CO., INC.	Common	58933Y105	7,548	91,000	SH		SOLE		91,000	0	0
MICROSOFT CORPORATION	Common	594918104	100,622	478,400	SH		SOLE		478,400	0	0
THE MEXICO FUND, INC.	Common	592835102	1,250	121,855	SH		SOLE		121,855	0	0
NEXTERA ENERGY, INC.	Common	65339F101	6,939	25,000	SH		SOLE		25,000	0	0
NEWMONT CORPORATION	Common	651639106	3,744	59,000	SH		SOLE		59,000	0	0
ALLIANZGI NFJ DIVIDEND	Sh Ben Int	01883A107	1,870	158,500	SH		SOLE		158,500	0	0
NETFLIX, INC.	Common	64110L106	15,501	31,000	SH		SOLE		31,000	0	0
NUBRGR BRMN MLP ENRGY INC	Common	64129H104	1,267	532,448	SH		SOLE		532,448	0	0
NORTHROP GRUMMAN CORP	Common	666807102	4,101	13,000	SH		SOLE		13,000	0	0
NORFOLK SOUTHERN CORP	Common	655844108	3,424	16,000	SH		SOLE		16,000	0	0
NVIDIA CORP	Common	67066G104	15,154	28,000	SH		SOLE		28,000	0	0
ORACLE CORPORATION	Common	68389X105	10,567	177,000	SH		SOLE		177,000	0	0
O'REILLY AUTOMOTIVE INC	Common	67103H107	1,844	4,000	SH		SOLE		4,000	0	0
PAYCHEX INC	Common	704326107	638	8,000	SH		SOLE		8,000	0	0
PUBLIC SERVICE ENTPRS GR	Common	744573106	384	7,000	SH		SOLE		7,000	0	0
PFIZER INC	Common	717081103	7,891	215,000	SH		SOLE		215,000	0	0
PROCTER AND GAMBLE CO.	Common	742718109	27,937	201,000	SH		SOLE		201,000	0	0
PROGRESSIVE CORPORATION	Common	743315103	4,071	43,000	SH		SOLE		43,000	0	0
PROLOGIS, INC.	Common	74340W103	5,333	53,000	SH		SOLE		53,000	0	0
QUALCOMM, INC.	Common	747525103	3,060	26,000	SH		SOLE		26,000	0	0
INVESCO QQQ TRUST SERIES	Common	46090E103	10,002	36,000	SH		SOLE		36,000	0	0
REGENERON PHARMACEUTICALS	Common	75886F107	4,478	8,000	SH		SOLE		8,000	0	0
ROYCE GLOBAL VALUE TRUST	Common	78081T104	271	22,100	SH		SOLE		22,100	0	0
ROYCE MICRO-CAP TRUST INC	Common	780915104	5,254	685,058	SH		SOLE		685,058	0	0
ROPER TECHNOLOGIES INC.	Common	776696106	3,358	8,500	SH		SOLE		8,500	0	0
REPUBLIC SERVICES INC	Common	760759100	2,707	29,000	SH		SOLE		29,000	0	0
ROYCE VALUE TRUST, INC.	Common	780910105	2,785	220,362	SH		SOLE		220,362	0	0
SBA COMMUNICATIONS CORP	Common	78410G104	2,484	7,800	SH		SOLE		7,800	0	0
LMP CAPITAL & INCOME FUND	Common	50208A102	3,755	368,118	SH		SOLE		368,118	0	0
SHERWIN-WILLIAMS CO	Common	824348106	4,877	7,000	SH		SOLE		7,000	0	0
THE SOUTHERN COMPANY	Common	842587107	1,193	22,000	SH		SOLE		22,000	0	0
S&P GLOBAL INC	Common	78409V104	7,212	20,000	SH		SOLE		20,000	0	0
SEMPRA ENERGY	Common	816851109	2,604	22,000	SH		SOLE		22,000	0	0
STATE STREET CORP	Common	857477103	1,483	25,000	SH		SOLE		25,000	0	0
SWISS HELVETIA FUND	Common	870875101	421	50,868	SH		SOLE		50,868	0	0
TRUIST FINANCIAL CORP	Common	89832Q109	4,146	108,965	SH		SOLE		108,965	0	0
TARGET CORPORATION	Common	87612E106	5,825	37,000	SH		SOLE		37,000	0	0
THERMO FISHER SCIENTIFIC	Common	883556102	13,246	30,000	SH		SOLE		30,000	0	0
TRANE TECHNOLOGIES	Common	G8994E103	970	8,000	SH		SOLE		8,000	0	0
TAIWAN FUND, INC.	Common	874036106	453	19,654	SH		SOLE		19,654	0	0
TEXAS INSTRUMENTS INC	Common	882508104	3,141	22,000	SH		SOLE		22,000	0	0
UNION PACIFIC CORP	Common	907818108	7,284	37,000	SH		SOLE		37,000	0	0
UNITED PARCEL SERVICE B	Common	911312106	12,930	77,600	SH		SOLE		77,600	0	0
VISA, INC. - CLASS A	Common, Cl A	92826C839	10,798	54,000	SH		SOLE		54,000	0	0
VERISK ANALYTICS INC	Common	92345Y106	2,409	13,000	SH		SOLE		13,000	0	0
VERTEX PHARMACEUTICALS	Common	92532F100	5,442	20,000	SH		SOLE		20,000	0	0
VERIZON COMMUNICATIONS	Common	92343V104	17,966	302,000	SH		SOLE		302,000	0	0
WASTE MANAGEMENT INC	Common	94106L109	4,300	38,000	SH		SOLE		38,000	0	0
WALMART, INC.	Common	931142103	10,213	73,000	SH		SOLE		73,000	0	0
XCEL ENERGY, INC.	Common	98389B100	966	14,000	SH		SOLE		14,000	0	0
TECHNOLOGY SELECT SPDR	Common	81369Y803	5,135	44,000	SH		SOLE		44,000	0	0
ZOETIS, INC.	Common	98978V103	1,984	12,000	SH		SOLE		12,000	0	0