Instuitional Investor - Spider Management Company, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	240,636	$134,609,372	57.93%
2.	Invesco Exchange Traded Fd T - S&P500 EQL WGT		343,186	$59,450,111	25.58%
3.	Granite Ridge Resources Inc.	GRNT	4,951,533	$30,105,321	12.96%
4.	Ishares Tr - MSCI USA VALUE		76,986	$8,210,557	3.53%