Instuitional Investor - Cobiz Investment Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Rydex Etf Trust Gug S&P500 Eq		308,422	$26,722,000	6.29%
2.	Spdr Series Trust		234,630	$20,075,000	4.72%
3.	Ishares Trust	IEF	137,354	$18,889,000	4.44%
4.	Apple Inc	AAPL	377,044	$10,917,000	2.57%
5.	Jpmorgan Chase & Co	JPM	120,443	$10,393,000	2.44%