Instuitional Investor - Michelson Medical Research Foundation, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vail Resorts Inc	MTN	86,000	$16,120,700	13.51%
2.	Ishares Trust	IEF	51,905	$9,907,626	8.3%
3.	Ishares Trust	IEF	14,989	$8,823,725	7.39%
4.	Vaneck Etf Trust		234,305	$7,945,283	6.65%
5.	Vanguard Tax-Managed Fds		158,160	$7,563,211	6.33%