Instuitional Investor - Pacific Asset Management Llc

13F Holdings

Filing Period:

No.	Security	Shares	Value	% Port
1.	Spdr Ser Tr	749,102	$71,516,768	22.4%
2.	Ishares Tr	847,881	$66,685,841	20.88%
3.	Ssga Active Etf Tr	1,574,566	$65,706,639	20.58%
4.	Invesco Exch Traded Fd Tr Ii	3,055,031	$64,369,503	20.16%
5.	Spdr Ser Tr	1,957,050	$49,415,513	15.47%