Instuitional Investor - Thoma Capital Management Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	64,997	$44,323,028	25.53%
2.	Ishares Tr		624,646	$33,655,918	19.39%
3.	Ishares Trust	IEF	110,134	$23,356,194	13.46%
4.	Sector Spdr Trust	XLB	68,574	$9,872,574	5.69%
5.	Ishares Trust	IEF	26,454	$8,544,759	4.92%