Instuitional Investor - Novak & Powell Financial Services, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Growth Etf		27,103	$11,124,304	6.67%
2.	Invesco Qqq Tr		19,960	$10,203,977	6.11%
3.	Apple Inc.	AAPL	39,582	$9,912,045	5.94%
4.	Vanguard Large-Cap Etf		29,470	$8,337,143	4.99%
5.	Spdr S & P 500 Etf Trust	SPY	9,842	$5,767,928	3.45%