Instuitional Investor - Diana Davis Spencer Foundation

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Bond Index Funds	BND	1,608,100	$115,638,471	40.79%
2.	Vanguard Bond Index Funds	BND	1,426,000	$106,564,980	37.59%
3.	Vanguard Scottsdale Funds		461,000	$34,473,580	12.16%
4.	Vanguard Index Fds		49,675	$26,765,387	9.44%