Instuitional Investor - Pinnacle Wealth Advisors

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		350,809	$138,051,000	5.58%
2.	Spdr S & P 500 Etf Trust	SPY	217,666	$93,174,000	3.77%
3.	Apple Inc.	AAPL	540,208	$73,987,000	2.99%
4.	Microsoft Corp	MSFT	260,725	$70,630,000	2.85%
5.	Pinnacle Financial Partners Inc	PNFP	661,690	$58,421,000	2.36%