Instuitional Investor - Bip Alliance, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard S&P 500 Etf		125,728	$67,743,553	28.65%
2.	Vanguard Muni Bnd Tax		521,175	$26,126,503	11.04%
3.	Vanguard Ftse Developed		470,088	$22,479,628	9.5%
4.	Vanguard Bond Index Funds	BND	282,828	$20,338,139	8.6%
5.	Vanguard Extended Market		80,998	$15,387,977	6.5%