Instuitional Investor - Baltimore-washington Financial Advisors, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		358,837	$78,280,573	5.42%
2.	Invesco Qqq Tr		178,112	$72,940,633	5.05%
3.	Invesco Exchange Traded Fd T		325,307	$51,333,448	3.55%
4.	Microsoft Corp	MSFT	119,693	$45,009,971	3.11%
5.	Vanguard Specialized Funds		248,010	$42,260,930	2.92%