Instuitional Investor - First Quadrant L P

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	37,802	$4,709,000	26.12%
2.	Ishares Iboxx High Yld Corp		28,295	$2,328,000	12.91%
3.	Elements Rogers Total Return		156,015	$1,368,000	7.58%
4.	Barclays Plc	BCS	34,795	$1,284,000	7.12%
5.	Spdr Series Trust		22,516	$1,215,000	6.73%