Instuitional Investor - Flat Footed Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Dow Jones Ind Avg Etf TrustPUT	DIA	1,501,500	$565,870,305	60.65%
2.	Diversified Healthcare Tr		23,487,000	$87,841,380	9.41%
3.	Grifols Sa	GRFS	7,358,779	$85,067,485	9.11%
4.	Tegna Inc	TGNA	2,666,954	$40,804,396	4.37%
5.	Ugi Corp	UGI	1,161,216	$28,565,914	3.06%