Instuitional Investor - Magnolia Capital Management Ltd

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	31,406	$17,568	15.07%
2.	Invesco Qqq Tr Unit Ser 1		37,388	$17,532	15.04%
3.	Ishares Trust	IEF	126,040	$7,354	6.31%
4.	Spdr Dow Jones Ind Avg Etf Trust	DIA	16,545	$6,947	5.96%
5.	Apple Inc.	AAPL	26,726	$5,937	5.09%