Instuitional Investor - Partnervest Advisory Services Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	154,533	$51,751,000	16.92%
2.	Goldman Sachs Etf Tr		234,140	$23,515,000	7.69%
3.	Ishares Tr		212,075	$13,516,000	4.42%
4.	Apple Inc.	AAPL	93,754	$10,858,000	3.55%
5.	Advisorshares Trust		283,891	$9,697,000	3.17%