This stand is made for large cones. It is made to be efficient and to spool the thread with even tension.
Nancy Notions has it on sale. It's one of the best buys I've seen in awhile for this thread stand.
http://www.nancysnotions.com/product...read+holder.do
Forgot to say it can be used vertical or horizontal.
More info here:
http://www.superiorthreads.com/shop/...thread-holder/
This stand is the best I've used.