Instuitional Investor - Fox Run Management, L.l.c.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sector Spdr Trust	XLB	206,800	$7,775,680	1.98%
2.	Spdr S & P 500 Etf Trust	SPY	8,948	$4,253,074	1.08%
3.	Ishares Trust	IEF	20,965	$4,207,885	1.07%
4.	Kimberly Clark Corp	KMB	19,136	$2,325,215	0.59%
5.	Builders Firstsource Inc.	BLDR	11,390	$1,901,447	0.48%