Instuitional Investor - Royal Fund Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Invesco Qqq TrPUTPUT		157,500	$64,499,400	7.14%
2.	Invesco Qqq Tr		73,802	$30,265,413	3.35%
3.	Vanguard Index Fds		61,295	$26,831,859	2.97%
4.	Vanguard World Fd		89,443	$23,230,039	2.57%
5.	Ishares Trust	IEF	226,528	$17,014,880	1.88%