Instuitional Investor - Biltmore Wealth Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sector Spdr Trust	XLB	230,927	$30,426,945	12.67%
2.	Sector Spdr Trust	XLB	122,988	$28,597,167	11.9%
3.	Sector Spdr Trust	XLB	105,666	$23,706,159	9.87%
4.	Sector Spdr Trust	XLB	154,353	$21,234,382	8.84%
5.	Pimco Etf Trust		407,592	$20,314,372	8.45%