Instuitional Investor - Gray Foundation

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Hilton Worldwide Holdings Inc.	HLT	731,666	$133,229,062	47.12%
2.	Ishares Trust	IEF	87,014	$38,997,935	13.79%
3.	Ishares Tr		559,648	$27,316,419	9.66%
4.	Ishares Trust	IEF	131,693	$17,890,494	6.32%
5.	Alphabet Inc.	GOOG	112,000	$15,784,160	5.58%