Instuitional Investor - Douglas C. Lane & Associates, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Delta Air Lines Inc	DAL	2,259,269	$114,522,000	3.1%
2.	United Continental Holdings Inc.	UAL	1,493,128	$85,556,000	2.31%
3.	Illumina Inc	ILMN	438,756.568	$81,923,000	2.21%
4.	Visa Inc.	V	1,002,192	$77,720,000	2.1%
5.	Microsoft Corp	MSFT	1,289,497	$71,541,000	1.93%