Instuitional Investor - Ctc Capital Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	151,193	$16,572,265	34.68%
2.	Ferguson Plc		13,300	$1,778,875	3.72%
3.	Sector Spdr Trust	XLB	34,100	$1,096,315	2.29%
4.	Mastercard Inc	MA	2,910	$1,057,523	2.21%
5.	Yamana Gold Inc	AUY	171,800	$1,005,030	2.1%