Instuitional Investor - Hokanson Associates, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Schwab Strategic Trust	FNDF	237,570	$11,539,000	4.96%
2.	Ishares Msci Acwi Ex-Us		221,784	$8,785,000	3.77%
3.	Schwab Strategic Trust	FNDF	199,662	$8,000,000	3.44%
4.	Jpmorgan Chase & Co	JPM	89,168	$5,888,000	2.53%
5.	Johnson & Johnson	JNJ	56,662	$5,820,000	2.5%