Instuitional Investor - Sovereign Financial Group, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	42,927	$20,403,574	6.22%
2.	Vanguard Tax-Managed Fds		370,456	$17,744,836	5.41%
3.	Ishares Trust	IEF	33,742	$16,116,186	4.91%
4.	Vanguard Index Fds		50,119	$15,580,889	4.75%
5.	Invesco Qqq Tr		32,362	$13,253,072	4.04%