0001398344-19-008642.txt : 20190513
0001398344-19-008642.hdr.sgml : 20190513
20190513094920
ACCESSION NUMBER: 0001398344-19-008642
CONFORMED SUBMISSION TYPE: 13F-HR/A
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20190331
FILED AS OF DATE: 20190513
DATE AS OF CHANGE: 20190513
EFFECTIVENESS DATE: 20190513
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: CORNERSTONE ADVISORS INC
CENTRAL INDEX KEY: 0001166880
IRS NUMBER: 562233730
STATE OF INCORPORATION: NC
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 13F-HR/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-10085
FILM NUMBER: 19817109
BUSINESS ADDRESS:
STREET 1: 1075 HENDERSONVILLE RD
STREET 2: SUITE 250
CITY: ASHEVILLE
STATE: NC
ZIP: 28803
BUSINESS PHONE: 828-210-8184
MAIL ADDRESS:
STREET 1: 1075 HENDERSONVILLE RD
STREET 2: SUITE 250
CITY: ASHEVILLE
STATE: NC
ZIP: 28803
13F-HR/A
1
primary_doc.xml
13F-HR/A
LIVE
false
false
false
0001166880
XXXXXXXX
03-31-2019
03-31-2019
true
1
RESTATEMENT
false
CORNERSTONE ADVISORS INC
1075 HENDERSONVILLE RD
SUITE 250
ASHEVILLE
NC
28803
13F HOLDINGS REPORT
028-10085
N
Rachel L. McNabb
Chief Compliance Officer
828-210-8184
/s/ Rachel L. McNabb
Asheville
NC
05-13-2019
0
193
1236452
INFORMATION TABLE
2
fp0042109_13fhr-table.xml
13F INFORMATION TABLE
ABBOTT LABORATORIES
Common
002824100
12870
161000
SH
SOLE
161000
0
0
ABERDEEN GLOBAL DYNAMIC
Common
00302M106
1794
189489
SH
SOLE
189489
0
0
ABERDEEN GLOBAL PREM PROP
Sh Ben Int
00302L108
3013
501290
SH
SOLE
501290
0
0
ABERDEEN JAPAN EQUITY FUN
Common
00306J109
373
53562
SH
SOLE
53562
0
0
ABERDEEN TOTAL DYNAMIC
Sh Ben Int
00326L100
12586
1525570
SH
SOLE
1525570
0
0
ACCENTURE PLC - CLASS A
Common
G1151C101
8449
48000
SH
SOLE
48000
0
0
ADAMS EXPRESS
Common
006212104
27085
1875715
SH
SOLE
1875715
0
0
ADAMS NATURALS RESOURCES
Common
00548F105
14024
836282
SH
SOLE
836282
0
0
ADOBE, INC.
Common
00724F101
3731
14000
SH
SOLE
14000
0
0
AIR PRODUCTS & CHEMICALS
Common
009158106
3819
20000
SH
SOLE
20000
0
0
ALLIANZGI NFJ DIVIDEND
Sh Ben Int
01883A107
14687
1217859
SH
SOLE
1217859
0
0
ALLSTATE CORPORATION
Common
020002101
2920
31000
SH
SOLE
31000
0
0
ALPHABET, INC. - CLASS C
Common, Cl C
02079K107
47410
40407
SH
SOLE
40407
0
0
AMAZON.COM INC
Common
023135106
37396
21000
SH
SOLE
21000
0
0
AMERICAN ELECTRIC POWER
Common
025537101
2931
35000
SH
SOLE
35000
0
0
AMERICAN EXPRESS COMPANY
Common
025816109
5246
48000
SH
SOLE
48000
0
0
ANTHEM, INC.
Common
036752103
6601
23000
SH
SOLE
23000
0
0
AON PLC
Common, Cl A
G0408V102
1195
7000
SH
SOLE
7000
0
0
APPLE, INC.
Common
037833100
26023
137000
SH
SOLE
137000
0
0
AUTOMATIC DATA PROCESSING
Common
053015103
5910
37000
SH
SOLE
37000
0
0
AUTOZONE INC
Common
053332102
1229
1200
SH
SOLE
1200
0
0
BANK OF AMERICA CORP
Common
060505104
17307
627300
SH
SOLE
627300
0
0
BAXTER INTERNATIONAL INC
Common
071813109
4228
52000
SH
SOLE
52000
0
0
BB&T CORPORATION
Common
054937107
3071
66000
SH
SOLE
66000
0
0
BECTON, DICKINSON AND CO.
Common
075887109
3996
16000
SH
SOLE
16000
0
0
BERKSHIRE HATHAWAY INC-B
Common, Cl B
084670702
19486
97000
SH
SOLE
97000
0
0
BLACKROCK CREDIT ALLOC.
Common
092508100
2423
195209
SH
SOLE
195209
0
0
BLACKROCK ENH EQUITY
Sh Ben Int
09251A104
134
15677
SH
SOLE
15677
0
0
BLACKROCK GL OPP EQ TRUST
Sh Ben Int
092501105
3793
354488
SH
SOLE
354488
0
0
BLACKROCK GLOBAL EN & RES
Sh Ben Int
09250U101
1736
143328
SH
SOLE
143328
0
0
BLACKROCK INTERNTNL GR IN
Sh Ben Int
092524107
430
77393
SH
SOLE
77393
0
0
BLACKROCK RESOUR & COMM
Sh Ben Int
09257A108
10649
1303407
SH
SOLE
1303407
0
0
BOEING CO
Common
097023105
20597
54000
SH
SOLE
54000
0
0
BOOKING HOLDINGS, INC.
Common
09857L108
5409
3100
SH
SOLE
3100
0
0
BOSTON SCIENTIFIC CORP
Common
101137107
4260
111000
SH
SOLE
111000
0
0
BRANDYWINE GLOBAL INCOME
Common
10537L104
2753
247375
SH
SOLE
247375
0
0
BROADCOM INC
Common
11135F101
11126
37000
SH
SOLE
37000
0
0
CATERPILLAR INC
Common
149123101
5013
37000
SH
SOLE
37000
0
0
CBRE CLARION GLOBAL REAL
Sh Ben Int
12504G100
14306
1915082
SH
SOLE
1915082
0
0
CENTENE CORPORATION
Common
15135B101
2060
38800
SH
SOLE
38800
0
0
CENTRAL EUROPE RUSSIA & T
Common
153436100
2799
116362
SH
SOLE
116362
0
0
CHARLES SCHWAB CORP
Common
808513105
1698
39700
SH
SOLE
39700
0
0
CHINA FUND, INC.
Common
169373107
899
44105
SH
SOLE
44105
0
0
CHUBB LTD
Common
H1467J104
2802
20000
SH
SOLE
20000
0
0
CIGNA CORP
Common
125523100
4908
30518
SH
SOLE
30518
0
0
CISCO SYSTEMS INC
Common
17275R102
23540
436000
SH
SOLE
436000
0
0
CITIGROUP, INC.
Common
172967424
11554
185700
SH
SOLE
185700
0
0
CLEARBRIDGE ENERGY MLP
Common
18469Q108
585
60354
SH
SOLE
60354
0
0
CLEARBRIDGE ENERGY OPPORT
Common
18469P100
819
85258
SH
SOLE
85258
0
0
CLOUGH GLOBAL DIV AND INC
Sh Ben Int
18913Y103
405
36472
SH
SOLE
36472
0
0
CLOUGH GLOBAL OPPORTUNITY
Sh Ben Int
18914E106
2489
257704
SH
SOLE
257704
0
0
CME GROUP, INC.
Common
12572Q105
4987
30300
SH
SOLE
30300
0
0
COGNIZANT TECH SOLUTIONS
Common
192446102
4130
57000
SH
SOLE
57000
0
0
COH & STEER GL INC BLDER
Common
19248M103
540
63334
SH
SOLE
63334
0
0
COHEN & STEERS PREF INC
Common
19247X100
2123
103040
SH
SOLE
103040
0
0
COMCAST CORP - CLASS A
Common, Cl A
20030N101
17511
438000
SH
SOLE
438000
0
0
CONOCOPHILLIPS
Common
20825C104
6607
99000
SH
SOLE
99000
0
0
COSTCO WHOLESALE CORP
Common
22160K105
9565
39500
SH
SOLE
39500
0
0
CROWN CASTLE INTL CORP
Common
22822V101
4480
35000
SH
SOLE
35000
0
0
CSX CORPORATION
Common
126408103
6053
80900
SH
SOLE
80900
0
0
CUMMINS INC.
Common
231021106
1421
9000
SH
SOLE
9000
0
0
CVS HEALTH CORP
Common
126650100
4211
78080
SH
SOLE
78080
0
0
DEERE & COMPANY
Common
244199105
5115
32000
SH
SOLE
32000
0
0
DELAWARE ENHANCED GBL DIV
Sh Ben Int
246060107
2743
283660
SH
SOLE
283660
0
0
Dollar General Corp
Common
256677105
2505
21000
SH
SOLE
21000
0
0
DOMINION ENERGY, INC.
Common
25746U109
3450
45000
SH
SOLE
45000
0
0
DOWDUPONT INC.
Common
26078J100
5550
104114
SH
SOLE
104114
0
0
DTE ENERGY CO
Common
233331107
2370
19000
SH
SOLE
19000
0
0
DUFF & PHELPS GLOBAL
Common
26433C105
6698
448321
SH
SOLE
448321
0
0
DUKE ENERGY CORP
Common
26441C204
1080
12000
SH
SOLE
12000
0
0
EATON VANCE LIM DUR INC
Sh Ben Int
27828H105
441
34862
SH
SOLE
34862
0
0
EATON VANCE T/A GL DVD FD
Sh Ben Int
27828S101
2532
162911
SH
SOLE
162911
0
0
EATON VANCE TAX-MAN GL
Sh Ben Int
27829C105
252
25824
SH
SOLE
25824
0
0
EATON VANCE TAX-MANAGE GL
Sh Ben Int
27829F108
781
95908
SH
SOLE
95908
0
0
ECOLAB INC
Common
278865100
4414
25000
SH
SOLE
25000
0
0
ELI LILLY & CO
Common
532457108
11808
91000
SH
SOLE
91000
0
0
EOG RESOURCES INC
Common
26875P101
1713
18000
SH
SOLE
18000
0
0
EXELON CORPORATION
Common
30161N101
3760
75000
SH
SOLE
75000
0
0
EXXON MOBIL CORPORATION
Common
30231G102
23241
287636
SH
SOLE
287636
0
0
FACEBOOK, INC - CLASS A
Common, Cl A
30303M102
13085
78500
SH
SOLE
78500
0
0
FIRST TR/ABER EMER OPP
Sh Ben Int
33731K102
689
51235
SH
SOLE
51235
0
0
FIRST TR/DYN EUR EQTY INC
Sh Ben Int
33740D107
295
20598
SH
SOLE
20598
0
0
FISERV
Common
337738108
3443
39000
SH
SOLE
39000
0
0
FORTIVE CORPORATION
Common
34959J108
1258
15000
SH
SOLE
15000
0
0
FRANKLIN UNIVERSAL TRUST
Sh Ben Int
355145103
501
71018
SH
SOLE
71018
0
0
GABELLI GLBL SMALL & MID
Sh Ben Int
36249W104
2758
234525
SH
SOLE
234525
0
0
GAMCO NATURAL RESOURCES
Sh Ben Int
36465E101
61
10814
SH
SOLE
10814
0
0
GENERAL AMERICAN INVESTOR
Common
368802104
21304
639570
SH
SOLE
639570
0
0
HCA HEALTHCARE, INC.
Common
40412C101
4172
32000
SH
SOLE
32000
0
0
HERZFELD CARIBBEAN BASIN
Common
42804T106
476
81372
SH
SOLE
81372
0
0
HOME DEPOT, INC. (THE)
Common
437076102
20072
104600
SH
SOLE
104600
0
0
HONEYWELL INTERNATL INC
Common
438516106
5562
35000
SH
SOLE
35000
0
0
HORMEL FOODS CORP.
Common
440452100
2104
47000
SH
SOLE
47000
0
0
HUMANA INC
Common
444859102
2128
8000
SH
SOLE
8000
0
0
INDIA FUND, INC.
Common
454089103
1139
53266
SH
SOLE
53266
0
0
INGERSOLL RAND PLC
Common
G47791101
2267
21000
SH
SOLE
21000
0
0
INTEL CORPORATION
Common
458140100
22914
426700
SH
SOLE
426700
0
0
INTERCONTINENTAL EXCHANGE
Common
45866F104
3655
48000
SH
SOLE
48000
0
0
INTUIT INC
Common
461202103
6012
23000
SH
SOLE
23000
0
0
ISHARES CORE S&P 500 ETF
ETF
464287200
7114
25000
SH
SOLE
25000
0
0
JAPAN SMALLER CAPITAL FD
Common
47109U104
2996
341661
SH
SOLE
341661
0
0
JOHN HANCOCK TAX-ADV
Sh Ben Int
41013P749
420
61191
SH
SOLE
61191
0
0
JOHNSON & JOHNSON
Common
478160104
21905
156700
SH
SOLE
156700
0
0
JPMORGAN CHASE & CO
Common
46625H100
28547
282000
SH
SOLE
282000
0
0
KAYNE ANDERSON MIDSTREAM
Common
48661E108
3598
302376
SH
SOLE
302376
0
0
KAYNE ANDERSON MLP INVEST
Common
486606106
3119
194600
SH
SOLE
194600
0
0
KOREA FUND, INC.
Common
500634209
930
31770
SH
SOLE
31770
0
0
LAZARD GL TOTAL RT & INC
Common
52106W103
531
34367
SH
SOLE
34367
0
0
LAZARD WORLD DVD & INC
Common
521076109
235
23711
SH
SOLE
23711
0
0
LINDE PLC
Common
G5494J103
2111
12000
SH
SOLE
12000
0
0
LOCKHEED MARTIN CORP
Common
539830109
8404
28000
SH
SOLE
28000
0
0
LOWE'S COMPANIES INC
Common
548661107
5911
54000
SH
SOLE
54000
0
0
MACQUARIE GL TOTAL RE FD
Common
55608D101
7098
319868
SH
SOLE
319868
0
0
MADISON COVERED CALL & EQ
Sh Ben Int
557437100
117
17126
SH
SOLE
17126
0
0
MARSH & MCLENNAN COS INC
Common
571748102
1315
14000
SH
SOLE
14000
0
0
MASTERCARD INC - CLASS A
Common
57636Q104
14056
59700
SH
SOLE
59700
0
0
MCDONALD'S CORPORATION
Common
580135101
6590
34700
SH
SOLE
34700
0
0
MEDTRONIC PLC
Common
G5960L103
10474
115000
SH
SOLE
115000
0
0
MERCK & CO., INC.
Common
58933Y105
20443
245800
SH
SOLE
245800
0
0
MEXICO EQUITY & INCOME
Common
592834105
489
46285
SH
SOLE
46285
0
0
MICROSOFT CORPORATION
Common
594918104
56422
478400
SH
SOLE
478400
0
0
MORGAN STANLEY ASIA-PAC
Common
61744U106
1036
63334
SH
SOLE
63334
0
0
MORGAN STANLEY INDIA INV
Common
61745C105
2202
105377
SH
SOLE
105377
0
0
NEUBERGER BERMAN MLP INC
Common
64129H104
331
41567
SH
SOLE
41567
0
0
NEW GERMANY FUND. INC.
Common
644465106
747
53437
SH
SOLE
53437
0
0
NEW IRELAND FUND
Common
645673104
989
109916
SH
SOLE
109916
0
0
NEXTERA ENERGY, INC.
Common
65339F101
5220
27000
SH
SOLE
27000
0
0
NIKE INC CL B
Common, Cl B
654106103
7579
90000
SH
SOLE
90000
0
0
NORFOLK SOUTHERN CORP
Common
655844108
5420
29000
SH
SOLE
29000
0
0
NUVEEN REAL ASSET INCOME
Sh Ben Int
67074Y105
10873
677855
SH
SOLE
677855
0
0
OCCIDENTAL PETRO CORP
Common
674599105
722
10900
SH
SOLE
10900
0
0
O'REILLY AUTOMOTIVE INC
Common
67103H107
1165
3000
SH
SOLE
3000
0
0
PARKER HANNIFIN CORP
Common
701094104
1545
9000
SH
SOLE
9000
0
0
PAYCHEX INC
Common
704326107
2486
31000
SH
SOLE
31000
0
0
PEPSICO INC
Common
713448108
13481
110000
SH
SOLE
110000
0
0
PFIZER INC
Common
717081103
20555
484000
SH
SOLE
484000
0
0
PNC FINANCIAL SERVICES GR
Common
693475105
1717
14000
SH
SOLE
14000
0
0
PROCTER AND GAMBLE CO.
Common
742718109
14879
143000
SH
SOLE
143000
0
0
PROGRESSIVE CORPORATION
Common
743315103
3893
54000
SH
SOLE
54000
0
0
PROLOGIS, INC.
Common
74340W103
1367
19000
SH
SOLE
19000
0
0
PRUDENTIAL FINANCIAL, INC
Common
744320102
1277
13900
SH
SOLE
13900
0
0
REPUBLIC SERVICES INC
Common
760759100
2331
29000
SH
SOLE
29000
0
0
RMR REAL ESTATE INCOME FD
Sh Ben Int
76970B101
4660
249333
SH
SOLE
249333
0
0
ROPER TECHNOLOGIES INC.
Common
776696106
2907
8500
SH
SOLE
8500
0
0
ROSS STORES, INC.
Common
778296103
3165
34000
SH
SOLE
34000
0
0
ROYCE GLOBAL VALUE TRUST
Common
78081T104
2526
251129
SH
SOLE
251129
0
0
ROYCE MICRO-CAP TRUST INC
Common
780915104
1764
211813
SH
SOLE
211813
0
0
ROYCE VALUE TRUST, INC.
Common
780910105
6416
466255
SH
SOLE
466255
0
0
S&P GLOBAL INC
Common
78409V104
1684
8000
SH
SOLE
8000
0
0
SALESFORCE.COM INC
Common
79466L302
3009
19000
SH
SOLE
19000
0
0
SEMPRA ENERGY
Common
816851109
629
5000
SH
SOLE
5000
0
0
SHERWIN-WILLIAMS CO
Common
824348106
3015
7000
SH
SOLE
7000
0
0
SIMON PROPERTY GROUP INC
Common
828806109
4901
26900
SH
SOLE
26900
0
0
SOURCE CAPITAL, INC
Common
836144105
3461
96143
SH
SOLE
96143
0
0
SPDR S&P 500 ETF TRUST
ETF
78462F103
9887
35000
SH
SOLE
35000
0
0
STARBUCKS CORP
Common
855244109
7806
105000
SH
SOLE
105000
0
0
SUNTRUST BANKS INC
Common
867914103
1600
27000
SH
SOLE
27000
0
0
SWISS HELVETIA FUND
Common
870875101
473
62285
SH
SOLE
62285
0
0
SYSCO CORPORATION
Common
871829107
3238
48500
SH
SOLE
48500
0
0
TAIWAN FUND, INC.
Common
874036106
664
37020
SH
SOLE
37020
0
0
TEKLA HEALTHCARE INVESTOR
Sh Ben Int
87911J103
2436
118614
SH
SOLE
118614
0
0
TEKLA HEALTHCARE OPP
Sh Ben Int
879105104
5217
296100
SH
SOLE
296100
0
0
TEKLA LIFE SCIENCES
Sh Ben Int
87911K100
360
21000
SH
SOLE
21000
0
0
TEKLA WORLD HEALTHCARE
Sh Ben Int
87911L108
272
21220
SH
SOLE
21220
0
0
TEMPLETON DRAGON FUND INC
Common
88018T101
4216
212077
SH
SOLE
212077
0
0
TEMPLETON EMERGING MRKT
Common
880191101
2351
157979
SH
SOLE
157979
0
0
TEXAS INSTRUMENTS INC
Common
882508104
9440
89000
SH
SOLE
89000
0
0
THE CUSHING ENERGY INCOME
Sh Ben Int
23162T102
399
52805
SH
SOLE
52805
0
0
THE EAGLE GROWTH & INCOME
Sh Ben Int
26958J105
1655
107699
SH
SOLE
107699
0
0
THE EUROPEAN EQUITY FUND
Common
298768102
353
40524
SH
SOLE
40524
0
0
THE GABELLI HLTHCARE WELL
Sh Ben Int
36246K103
4582
435955
SH
SOLE
435955
0
0
THE GDL FUND
Sh Ben Int
361570104
4325
452417
SH
SOLE
452417
0
0
THE MEXICO FUND, INC.
Common
592835102
3493
252396
SH
SOLE
252396
0
0
THE SOUTHERN COMPANY
Common
842587107
2946
57000
SH
SOLE
57000
0
0
THE TJX COMPANIES INC
Common
872540109
6172
116000
SH
SOLE
116000
0
0
THE WALT DISNEY CO
Common
254687106
13324
120000
SH
SOLE
120000
0
0
THERMO FISHER SCIENTIFIC
Common
883556102
6022
22000
SH
SOLE
22000
0
0
TRI CONTINENTAL
Common
895436103
8115
308564
SH
SOLE
308564
0
0
UNION PACIFIC CORP
Common
907818108
11871
71000
SH
SOLE
71000
0
0
UNITED PARCEL SERVICE B
Common
911312106
8671
77600
SH
SOLE
77600
0
0
UNITEDHEALTH GROUP, INC.
Common
91324P102
9643
39000
SH
SOLE
39000
0
0
US BANCORP
Common
902973304
4337
90000
SH
SOLE
90000
0
0
VERIZON COMMUNICATIONS
Common
92343V104
21819
369000
SH
SOLE
369000
0
0
VISA, INC. - CLASS A
Common
92826C839
19383
124100
SH
SOLE
124100
0
0
VOYA ASIA PACIFIC HIGH DI
Sh Ben Int
92912J102
590
63011
SH
SOLE
63011
0
0
VOYA INFASTRUCTURE INDUS
Sh Ben Int
92912X101
1025
81370
SH
SOLE
81370
0
0
WALGREENS BOOTS ALLIANCE
Common
931427108
4049
64000
SH
SOLE
64000
0
0
WALMART, INC.
Common
931142103
24285
249000
SH
SOLE
249000
0
0
WASTE MANAGEMENT INC
Common
94106L109
3949
38000
SH
SOLE
38000
0
0
WELLS FARGO ADVANTAGE GLB
Sh Ben Int
94987C103
207
39493
SH
SOLE
39493
0
0
XCEL ENERGY, INC.
Common
98389B100
2192
39000
SH
SOLE
39000
0
0
XILINX INC
Common
983919101
3550
28000
SH
SOLE
28000
0
0
ZOETIS, INC.
Common
98978V103
2215
22000
SH
SOLE
22000
0
0