Instuitional Investor - Maxim Capital Management Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr		167,567	$19,758,000	17.65%
2.	Goldman Sachs Etf Tr		523,184	$14,675,000	13.11%
3.	Vanguard Index Fds		106,552	$11,036,000	9.86%
4.	Ishares Trust	IEF	27,454	$8,909,000	7.95%
5.	Invesco Exch Traded Fd Tr Ii		405,753	$8,724,000	7.79%