Instuitional Investor - Highland Associates Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	1,786,175	$526,475,081,000	75.32%
2.	Alphabet Inc.	GOOGL	946,000	$51,216,440,000	7.32%
3.	Gilead Sciences Inc	GILD	617,000	$41,684,520,000	5.96%
4.	Ishares Tr		662,900	$30,625,980,000	4.38%
5.	Mastercard Inc	MA	86,800	$22,961,204,000	3.28%