CORNERSTONE ADVISORS INC

Open in PORT →← all managers

CIK 1166880

13F portfolio (2019-Q1)

$1.2B

Positions

193

Implied 1Y CAGR

modeled · as filed

Long positions in SEC Section 13(f) securities (US-listed stocks, ADRs and ETFs), largest first · Δ vs 2018-Q4. A lagged quarterly snapshot (filed ≤45 days after quarter-end); excludes shorts, options, cash, and shares listed only on non-US exchanges — foreign companies held via a US listing or ADR (e.g. Alibaba, TSMC) ARE included.

Implied return what this book implies · modeled, not advice methodology →

Open in PORT →

As filed = each book applied at its quarter-end (what the reported book did) · As copyable = applied at its statutory 45-day filing deadline (what a 13F follower could have earned).

Computing…

Hypothetical modeled performance constructed with hindsight — not actual results, and not indicative of future results. See the Disclaimer.

Exposures · what this manager owns, by sector & size (2019-Q1)

Holdings

193

Top 5

15.9%

Top 10

25.6%

Effective N

73.3

HHI

0.014

This quarter

23 new · 0 exit →

By sector

Unclassified23.2%

Information Technology14.8%

Financials13.8%

Consumer Discretionary10.7%

Health Care9.5%

Communication Services9.2%

Industrials8.9%

Materials2.7%

Other7.4%

By market cap

Mega (>$200B)43.0%

Large ($10–200B)33.4%

Unknown23.2%

Micro (<$300M)0.4%

By region

North America76.9%

Other23.1%

By industry group GICS — finer than sector

Industry group	Weight	Names
Unclassified	24.75%	83
Specialty Retail	9.26%	11
Pharmaceuticals & Biotechnology	7.26%	6
Software & IT Services	5.70%	4
Software	5.59%	4
Banks	5.56%	6
Technology Hardware & Equipment	4.83%	5
Commercial Services & Supplies	4.31%	7
Semiconductors & Semiconductor Equipment	3.52%	3
Insurance	3.13%	11
Aerospace & Defense	2.80%	3
Chemicals	2.65%	5
Oil, Gas & Consumable Fuels	2.61%	4
Road & Rail	2.59%	4
Utilities	1.99%	9
Health Care Equipment & Supplies	1.86%	4
Diversified Telecommunication Services	1.76%	1
Media & Entertainment	1.42%	1
Equity Real Estate Investment Trusts (REITs)	1.25%	4
Machinery	1.24%	5
Hotels, Restaurants & Leisure	1.16%	2
Beverages	1.09%	1
Entertainment	1.08%	1
Capital Markets	0.84%	3
Transportation Infrastructure	0.44%	1
Food & Staples Retailing	0.34%	1
Health Care Providers & Services	0.34%	1
Distributors	0.26%	1
Professional Services	0.20%	1
Food Products	0.17%	1

Top holdings

#	Ticker	Name	Sector	Weight
1	MSFT	MICROSOFT CORP	Information Technology	4.56%
2	GOOG	Alphabet Inc.	Communication Services	3.83%
3	AMZN	AMAZON COM INC	Consumer Discretionary	3.02%
4	JPM	JPMORGAN CHASE & CO	Financials	2.31%
5	ADX	ADAMS DIVERSIFIED EQUITY FD	Unclassified	2.19%
6	AAPL	Apple Inc.	Information Technology	2.10%
7	WMT	Walmart Inc.	Consumer Discretionary	1.96%
8	CSCO	CISCO SYSTEMS, INC.	Information Technology	1.90%
9	XOM	EXXON MOBIL CORP	Energy	1.88%
10	INTC	INTEL CORP	Information Technology	1.85%

112/193 names classified · sector 76.8% of weight · industry 75.2% · mkt cap 76.8%; unclassified names shown, never dropped.

Sector allocation over time · how the GICS mix & top names shifted quarter by quarter

top 5/sector, rest → “Other” · 24 quarters

FinancialsJPM, WFC, BRK.B, UNH, V · other

Information TechnologyAAPL, MSFT, GE, INTC, CSCO · other

Communication ServicesGOOG, META, DIS, VZ, CMCSA · other

Consumer DiscretionaryAMZN, WMT, HD, MCD, COST · other

Health CareJNJ, MRK, PFE, ABT, ABBV · other

IndustrialsBA, UNP, HON, MMM, UPS · other

EnergyXOM, CVX, SLB, COP, EOG · other

Consumer StaplesCVS, PEP, MO, PM, KO · other

MaterialsPG, ECL, NKE, EL, CL · other

UtilitiesNEE, AEP, EXC, D, DUK · other

Real EstateSEVN, AMT, PLD, SPG, CCI · other

UnclassifiedBCX, XRNPX, XBOEX, XCAFX, CLEARBRIDGE MLP AND MIDSTRM · other

Sector is classified on each name's CURRENT fundamentals, not point-in-time — apparent sector drift can reflect the market re-rating a holding, not a manager trade. 13F is a lagged quarterly snapshot of long positions in US-listed securities only — foreign companies held via a US listing or ADR ARE included, but shares listed only on non-US exchanges (plus shorts, options and cash) are not. Latest quarter: 76.8% of the book is sector-classified (unclassified names shown, never dropped).

Style box · size × value-growth placement of the reported book (2019-Q1), classified on current fundamentals (not point-in-time) — load it into PORT to overlay your own portfolio

holdings, colored by sector (109 classified)CORNERSTONE ADVISORS INC centroid (Large Core)

Information TechnologyFinancialsConsumer DiscretionaryHealth CareCommunication ServicesIndustrialsMaterialsEnergyUtilitiesConsumer StaplesReal Estate

Style box summary for CORNERSTONE ADVISORS INC: centroid Large Core. Heaviest cells: Large Growth 25.4%, Large Value 24.4%, Large Core 18.3%.

Classified: 75.1% of book weight (109/175 names) · unclassified 24.9%: , ADX, GAM, BRK.B, IGR, PEO, XAODX, JRI, BCX, SPY +56 more. Size: cap 70/20/10 bands; style: value/growth composite on our own metrics — not Morningstar's model.

Contribution holdings-based, any period

No contribution data for this period.

Holdings· 193 positions (2019-Q1) · largest first · Δ vs 2018-Q4

#	Security	Shares	Value	Weight	Δ QoQ
1	MSFTMICROSOFT CORP	478,400	$56M	4.6%	ADD 23%
2	GOOGALPHABET INC	40,407	$47M	3.8%	HOLD
3	AMZNAMAZON COM INC	21,000	$37M	3.0%	TRIM −5%
4	JPMJPMORGAN CHASE & CO	282,000	$29M	2.3%	HOLD
5	ADXADAMS DIVERSIFIED EQUITY FD	1,875,715	$27M	2.2%	ADD 50%
6	AAPLAPPLE INC	137,000	$26M	2.1%	TRIM −51%
7	WMTWALMART INC	249,000	$24M	2.0%	ADD 4%
8	CSCOCISCO SYS INC	436,000	$24M	1.9%	ADD 64%
9	XOMEXXON MOBIL CORP	287,636	$23M	1.9%	ADD 29%
10	INTCINTEL CORP	426,700	$23M	1.9%	HOLD
11	JNJJOHNSON & JOHNSON	156,700	$22M	1.8%	HOLD
12	VZVERIZON COMMUNICATIONS INC	369,000	$22M	1.8%	ADD 9%
13	GAMGENERAL AMERN INVS CO INC	639,570	$21M	1.7%	ADD 11%
14	BABOEING CO	54,000	$21M	1.7%	HOLD
15	PFEPFIZER INC	484,000	$21M	1.7%	TRIM −16%
16	MRKMERCK & CO INC	245,800	$20M	1.7%	ADD 77%
17	HDHOME DEPOT INC	104,600	$20M	1.6%	HOLD
18	BRK.BBERKSHIRE HATHAWAY INC DEL	97,000	$19M	1.6%	ADD 21%
19	VVISA INC	124,100	$19M	1.6%	HOLD
20	CMCSACOMCAST CORP NEW	438,000	$18M	1.4%	HOLD
21	BACBANK AMERICA CORP	627,300	$17M	1.4%	TRIM −7%
22	PGPROCTER AND GAMBLE CO	143,000	$15M	1.2%	ADD 79%
23	ALLIANZGI NFJ DIVID INT & PR	1,217,859	$15M	1.2%	ADD 41%
24	IGRCBRE GBL REAL ESTATE INC FD	1,915,082	$14M	1.2%	ADD 11%
25	MAMASTERCARD INCORPORATED	59,700	$14M	1.1%	TRIM −19%
26	PEOADAM NAT RES FD INC	836,282	$14M	1.1%	HOLD
27	PEPPEPSICO INC	110,000	$13M	1.1%	ADD 323%
28	DISDISNEY WALT CO	120,000	$13M	1.1%	HOLD
29	METAMETA PLATFORMS INC	78,500	$13M	1.1%	TRIM −11%
30	ABTABBOTT LABS	161,000	$13M	1.0%	ADD 45%
31	XAODXABRDN TOTAL DYNAMIC DIVIDEND	1,525,570	$13M	1.0%	ADD 8%
32	UNPUNION PAC CORP	71,000	$12M	1.0%	HOLD
33	LLYELI LILLY & CO	91,000	$12M	1.0%	ADD 32%
34	CCITIGROUP INC	185,700	$12M	0.9%	TRIM −10%
35	AVGOBROADCOM INC	37,000	$11M	0.9%	HOLD
36	JRINUVEEN REAL ASSET INCOME & G	677,855	$11M	0.9%	ADD 11%
37	BCXBLACKROCK RES & COMMODITIES	1,303,407	$11M	0.9%	ADD 30%
38	MDTMEDTRONIC PLC	115,000	$10M	0.8%	NEW
39	SPYSTATE STR SPDR S&P 500 ETF T	35,000	$10M	0.8%	TRIM −22%
40	UNHUNITEDHEALTH GROUP INC	39,000	$10M	0.8%	TRIM −55%
41	COSTCOSTCO WHSL CORP NEW	39,500	$10M	0.8%	HOLD
42	TXNTEXAS INSTRS INC	89,000	$9M	0.8%	HOLD
43	UPSUNITED PARCEL SERVICE INC	77,600	$9M	0.7%	HOLD
44	ACNACCENTURE PLC IRELAND	48,000	$8M	0.7%	ADD 45%
45	LMTLOCKHEED MARTIN CORP	28,000	$8M	0.7%	HOLD
46	TYTRI CONTL CORP	308,564	$8M	0.7%	ADD 57%
47	SBUXSTARBUCKS CORP	105,000	$8M	0.6%	ADD 119%
48	NKENIKE INC	90,000	$8M	0.6%	ADD 38%
49	IVVISHARES TR	25,000	$7M	0.6%	TRIM −44%
50	MACQUARIE GLBL INFRA TOTL RE	319,868	$7M	0.6%	ADD 14%
51	DPGDUFF & PHELPS UTLITY AND INF	448,321	$7M	0.5%	ADD 97%
52	COPCONOCOPHILLIPS	99,000	$7M	0.5%	HOLD
53	ELVELEVANCE HEALTH INC FORMERLY	23,000	$7M	0.5%	HOLD
54	MCDMCDONALDS CORP	34,700	$7M	0.5%	TRIM −9%
55	RVTROYCE SMALL CAP TRUST INC	466,255	$6M	0.5%	ADD 79%
56	TJXTJX COS INC NEW	116,000	$6M	0.5%	HOLD
57	CSXCSX CORP	80,900	$6M	0.5%	HOLD
58	TMOTHERMO FISHER SCIENTIFIC INC	22,000	$6M	0.5%	HOLD
59	INTUINTUIT	23,000	$6M	0.5%	ADD 10%
60	LOWLOWES COS INC	54,000	$6M	0.5%	HOLD
61	ADPAUTOMATIC DATA PROCESSING IN	37,000	$6M	0.5%	ADD 185%
62	HONHONEYWELL INTL INC	35,000	$6M	0.4%	HOLD
63	DOWDUPONT INC	104,114	$6M	0.4%	HOLD
64	NSCNORFOLK SOUTHN CORP	29,000	$5M	0.4%	HOLD
65	BKNGBOOKING HOLDINGS INC	3,100	$5M	0.4%	TRIM −33%
66	AXPAMERICAN EXPRESS CO	48,000	$5M	0.4%	HOLD
67	NEENEXTERA ENERGY INC	27,000	$5M	0.4%	HOLD
68	THQABRDN HEALTHCARE OPPORTUNITI	296,100	$5M	0.4%	NEW
69	DEDEERE & CO	32,000	$5M	0.4%	HOLD
70	CATCATERPILLAR INC	37,000	$5M	0.4%	TRIM −38%
71	CMECME GROUP INC	30,300	$5M	0.4%	ADD 7%
72	CITHE CIGNA GROUP	30,518	$5M	0.4%	HOLD
73	SPGSIMON PPTY GROUP INC NEW	26,900	$5M	0.4%	HOLD
74	SEVNSEVEN HILLS REALTY TRUST COM	249,333	$5M	0.4%	HOLD
75	GRXGABELLI HLTHCARE & WELLNESS	435,955	$5M	0.4%	ADD 28%
76	CCICROWN CASTLE INC	35,000	$4M	0.4%	HOLD
77	ECLECOLAB INC	25,000	$4M	0.4%	HOLD
78	USBUS BANCORP	90,000	$4M	0.4%	HOLD
79	GDLGDL FD	452,417	$4M	0.3%	ADD 6%
80	BSXBOSTON SCIENTIFIC CORP	111,000	$4M	0.3%	HOLD
81	BAXBAXTER INTL INC	52,000	$4M	0.3%	HOLD
82	TDFTEMPLETON DRAGON FD INC	212,077	$4M	0.3%	ADD 47%
83	CVSCVS HEALTH CORP	78,080	$4M	0.3%	HOLD
84	HCAHCA HEALTHCARE INC	32,000	$4M	0.3%	HOLD
85	CTSHCOGNIZANT TECHNOLOGY SOLUTIO	57,000	$4M	0.3%	HOLD
86	WALGREENS BOOTS ALLIANCE INC	64,000	$4M	0.3%	ADD 21%
87	BDXBECTON DICKINSON & CO	16,000	$4M	0.3%	HOLD
88	WMWASTE MGMT INC DEL	38,000	$4M	0.3%	HOLD
89	PGRPROGRESSIVE CORP	54,000	$4M	0.3%	HOLD
90	APDAIR PRODS & CHEMS INC	20,000	$4M	0.3%	HOLD
91	XBOEXBLACKROCK ENHANCED GLOBAL DI	354,488	$4M	0.3%	HOLD
92	EXCEXELON CORP	75,000	$4M	0.3%	TRIM −19%
93	ADBEADOBE INC	14,000	$4M	0.3%	HOLD
94	ICEINTERCONTINENTAL EXCHANGE IN	48,000	$4M	0.3%	ADD 33%
95	KAYNE ANDERSON	302,376	$4M	0.3%	NEW
96	XILINX INC	28,000	$4M	0.3%	NEW
97	MXFMEXICO FD INC	252,396	$3M	0.3%	TRIM −4%
98	SOURCE CAP INC COM	96,143	$3M	0.3%	ADD 51%
99	DDOMINION ENERGY INC	45,000	$3M	0.3%	HOLD
100	FISVFISERV INC	39,000	$3M	0.3%	HOLD
101	SYYSYSCO CORP	48,500	$3M	0.3%	HOLD
102	ROSTROSS STORES INC	34,000	$3M	0.3%	HOLD
103	KYNKAYNE ANDERSON ENERGY INFRST	194,600	$3M	0.3%	NEW
104	BB&T CORP	66,000	$3M	0.2%	HOLD
105	SHWSHERWIN WILLIAMS CO	7,000	$3M	0.2%	HOLD
106	XAWPXABRDN GLOBAL PREMIER PPTYS F	501,290	$3M	0.2%	ADD 19%
107	CRMSALESFORCE INC	19,000	$3M	0.2%	NEW
108	JOFJAPAN SMALLER CAPITALIZATION	341,661	$3M	0.2%	ADD 19%
109	SOSOUTHERN CO	57,000	$3M	0.2%	HOLD
110	AEPAMERICAN ELEC PWR CO INC	35,000	$3M	0.2%	TRIM −19%
111	ALLALLSTATE CORP	31,000	$3M	0.2%	HOLD
112	ROPROPER TECHNOLOGIES INC	8,500	$3M	0.2%	ADD 13%
113	CBCHUBB LIMITED	20,000	$3M	0.2%	NEW
114	CEECENTRAL & EASTERN EUROPE FD	116,362	$3M	0.2%	ADD 7%
115	GGZGABELLI GLOBAL SMALL & MID C	234,525	$3M	0.2%	HOLD
116	BWGBRANDYWINEGBL GBL INCM OPP F	247,375	$3M	0.2%	HOLD
117	DELAWARE ENHANCED GBL DIV &	283,660	$3M	0.2%	ADD 28%
118	ETGEATON VANCE TX ADV GLBL DIV	162,911	$3M	0.2%	ADD 42%
119	RGTROYCE GLOBAL TRUST INC	251,129	$3M	0.2%	ADD 8%
120	DGDOLLAR GEN CORP	21,000	$3M	0.2%	NEW
121	GLOCLOUGH GLOBAL OPPORTUNITIES	257,704	$2M	0.2%	ADD 32%
122	PAYXPAYCHEX INC	31,000	$2M	0.2%	NEW
123	HQHABRDN HEALTHCARE INVESTORS	118,614	$2M	0.2%	ADD 160%
124	BTZBLACKROCK CR ALLOCATION INCO	195,209	$2M	0.2%	HOLD
125	DTEDTE ENERGY CO	19,000	$2M	0.2%	HOLD
126	EMFTEMPLETON EMERGING MKTS FD	157,979	$2M	0.2%	TRIM −7%
127	RSGREPUBLIC SVCS INC	29,000	$2M	0.2%	ADD 53%
128	IRINGERSOLL-RAND PLC	21,000	$2M	0.2%	ADD 40%
129	ZTSZOETIS INC	22,000	$2M	0.2%	HOLD
130	IIFMORGAN STANLEY INDIA INVT FD	105,377	$2M	0.2%	TRIM −28%
131	XELXCEL ENERGY INC	39,000	$2M	0.2%	HOLD
132	HUMHUMANA INC	8,000	$2M	0.2%	HOLD
133	XRNPXCOHEN & STEERS REIT & PFD &	103,040	$2M	0.2%	TRIM −68%
134	LINLINDE PLC	12,000	$2M	0.2%	HOLD
135	HRLHORMEL FOODS CORP	47,000	$2M	0.2%	HOLD
136	CNCCENTENE CORP DEL	38,800	$2M	0.2%	ADD 100%
137	XAGDXABRDN GLOBAL DYNAMIC DIVIDEN	189,489	$2M	0.1%	ADD 39%
138	RMTROYCE MICRO-CAP TR INC	211,813	$2M	0.1%	ADD 242%
139	BGRBLACKROCK ENERGY & RES TR	143,328	$2M	0.1%	NEW
140	PNCPNC FINL SVCS GROUP INC	14,000	$2M	0.1%	HOLD
141	EOGEOG RES INC	18,000	$2M	0.1%	HOLD
142	SCHWSCHWAB CHARLES CORP	39,700	$2M	0.1%	HOLD
143	SPGIS&P GLOBAL INC	8,000	$2M	0.1%	HOLD
144	EAGLE GRWTH & INCOME OPPTY F	107,699	$2M	0.1%	TRIM −26%
145	SUNTRUST BKS INC	27,000	$2M	0.1%	HOLD
146	PHPARKER-HANNIFIN CORP	9,000	$2M	0.1%	TRIM −34%
147	CMICUMMINS INC	9,000	$1M	0.1%	ADD 29%
148	PLDPROLOGIS INC.	19,000	$1M	0.1%	HOLD
149	MRSHMARSH & MCLENNAN COS INC	14,000	$1M	0.1%	HOLD
150	PRUPRUDENTIAL FINL INC	13,900	$1M	0.1%	TRIM −59%
151	FTVFORTIVE CORP	15,000	$1M	0.1%	HOLD
152	AZOAUTOZONE INC	1,200	$1M	0.1%	NEW
153	AONAON PLC	7,000	$1M	0.1%	HOLD
154	ORLYOREILLY AUTOMOTIVE INC	3,000	$1M	0.1%	TRIM −63%
155	IFNINDIA FD INC	53,266	$1M	0.1%	TRIM −83%
156	DUKDUKE ENERGY CORP NEW	12,000	$1M	0.1%	HOLD
157	MORGAN STANLEY ASIA PAC FD I	63,334	$1M	0.1%	TRIM −58%
158	IDEVOYA INFRASTRUCTURE INDLS &	81,370	$1M	0.1%	TRIM −51%
159	NEW IRELAND FD INC	109,916	$989,000	0.1%	HOLD
160	KFKOREA FD INC	31,770	$930,000	0.1%	TRIM −15%
161	XXCHNXXCHINA FD INC	44,105	$899,000	0.1%	NEW
162	Clearbridge Energy MLP Opportu	85,258	$819,000	0.1%	NEW
163	XEXGXEATON VANCE TAX-MANAGED GLOB	95,908	$781,000	0.1%	NEW
164	GFNEW GERMANY FD INC	53,437	$747,000	0.1%	ADD 23%
165	OXYOCCIDENTAL PETE CORP	10,900	$722,000	0.1%	HOLD
166	XFEOXFIRST TR/ABERDEEN EMERG OPT	51,235	$689,000	0.1%	TRIM −13%
167	TWNTAIWAN FD INC	37,020	$664,000	0.1%	HOLD
168	SRESEMPRA	5,000	$629,000	0.1%	HOLD
169	IAEVOYA ASIA PAC HIGH DIV EQT I	63,011	$590,000	0.0%	ADD 16%
170	CLEARBRIDGE MLP AND MIDSTRM	60,354	$585,000	0.0%	NEW
171	COHEN & STEERS GLOBAL INC BL	63,334	$540,000	0.0%	NEW
172	XLGIXLAZARD GLOBAL TOTAL RETURN &	34,367	$531,000	0.0%	NEW
173	FTFRANKLIN UNVL TR	71,018	$501,000	0.0%	HOLD
174	MXEMEXICO EQUITY & INCOME FD	46,285	$489,000	0.0%	TRIM −38%
175	HERZHERZFELD CREDIT INCOME FUND	81,372	$476,000	0.0%	HOLD
176	SWZTOTAL RETURN SECURITIES FUND	62,285	$473,000	0.0%	NEW
177	XEVVXEATON VANCE LIMITED DURATION	34,862	$441,000	0.0%	TRIM −49%
178	XBGYXBLACKROCK ENHANCED INTL DIV	77,393	$430,000	0.0%	NEW
179	HANCOCK JOHN INVT TR	61,191	$420,000	0.0%	NEW
180	GLVCLOUGH GLOBAL DIVID & INCOME	36,472	$405,000	0.0%	HOLD
181	CUSHING ENERGY INCOME	52,805	$399,000	0.0%	ADD 14%
182	XJEQXABRDN JAPAN EQUITY FUND INC	53,562	$373,000	0.0%	ADD 53%
183	HQLABRDN LIFE SCIENCES INVESTOR	21,000	$360,000	0.0%	ADD 31%
184	EEAEUROPEAN EQUITY FD INC	40,524	$353,000	0.0%	ADD 120%
185	NMLNEUBERGER ENGY INFRSTR & INC	41,567	$331,000	0.0%	TRIM −58%
186	XFDEXFIRST TR DYNAMIC EUROPE EQUI	20,598	$295,000	0.0%	NEW
187	THWABRDN WORLD HEALTHCARE FUND	21,220	$272,000	0.0%	NEW
188	ETWEATON VANCE TAX-MANAGED GLOB	25,824	$252,000	0.0%	NEW
189	Lazard World Dividend & Income	23,711	$235,000	0.0%	TRIM −49%
190	EODALLSPRING GLOBAL DIVIDEND OP	39,493	$207,000	0.0%	TRIM −47%
191	BDJBLACKROCK ENHANCED EQUITY DI	15,677	$134,000	0.0%	TRIM −60%
192	MCNXAI MADISON EQUITY PREMIUM I	17,126	$117,000	0.0%	TRIM −44%
193	GNTGAMCO NAT RES GOLD & INCOME	10,814	$61,000	0.0%	TRIM −82%

☆CORNERSTONE ADVISORS INC