Instuitional Investor - Ranger International Management, Lp

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	19,880	$1,370,000	6.24%
2.	Blackstone Mortgage Trust Inc.	BXMT	42,872	$1,355,000	6.17%
3.	Blackstone Group L.p.	BX	39,755	$1,326,000	6.04%
4.	Brookfield Infrastruc Partner Lp	BIP	42,221.76	$1,028,000	4.68%
5.	Jpmorgan Chase & Co	JPM	9,830	$898,000	4.09%