Instuitional Investor - Cedar Capital, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Pacer Fds Tr Trendp Us Lar Cp		104,197	$3,931,000	7.15%
2.	Ishares Trust	IEF	27,432	$3,150,000	5.73%
3.	Ishares Trust	IEF	30,314	$2,982,000	5.43%
4.	Spdr Series Trust		99,745	$2,977,000	5.42%
5.	Ishares Trust	IEF	13,321	$2,914,000	5.3%