Instuitional Investor - Pacific Asset Management Llc

13F Holdings

Filing Period:

No.	Security	Shares	Value	% Port
1.	Ishares Tr	866,735	$67,076,622	27.61%
2.	Invesco Exch Traded Fd Tr Ii	2,588,124	$54,816,466	22.56%
3.	Spdr Ser Tr	509,958	$48,308,321	19.88%
4.	Spdr Ser Tr	1,898,075	$47,717,606	19.64%
5.	Ssga Active Etf Tr	596,105	$24,994,683	10.28%