Instuitional Investor - Avalon Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Lam Research Corp	LRCX	2,247,490	$119,143,743	3.26%
2.	Apple Inc.	AAPL	677,724	$111,756,739	3.05%
3.	Alphabet Inc.	GOOG	932,361	$96,713,807	2.64%
4.	Microsoft Corp	MSFT	326,786	$94,212,289	2.57%
5.	Chevron Corp	CVX	503,278	$82,114,814	2.24%