#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	46434V456	12,750,445	$579.5M	17.82%
2	JANUS DETROIT STR TR	47103U852	8,887,247	$406.1M	12.49%
3	VANGUARD INDEX FDS	922908744	1,662,254	$317.5M	9.76%
4	FIDELITY COVINGTON TRUST	316092808	1,333,956	$299.7M	9.22%
5	SPDR SERIES TRUST	78464A672	7,945,875	$229.2M	7.05%
6	SPDR SERIES TRUST	78468R101	7,109,860	$208.2M	6.40%
7	ISHARES INC	46434G764	2,706,117	$196.7M	6.05%
8	SPDR SERIES TRUST	78464A763	1,018,684	$141.8M	4.36%
9	ISHARES TR	464287325	1,284,224	$125.1M	3.85%
10	ISHARES TR	464288653	1,050,711	$106.8M	3.29%
11	GRANITESHARES GOLD TR	BAR	2,196,094	$93.3M	2.87%
12	SELECT SECTOR SPDR TR	81369Y852	670,089	$78.9M	2.43%
13	INVESCO EXCH TRADED FD TR II	IVZ	3,040,662	$70.5M	2.17%
14	SELECT SECTOR SPDR TR	81369Y308	704,141	$54.7M	1.68%
15	FIDELITY COVINGTON TRUST	316092204	484,039	$49.5M	1.52%
16	SELECT SECTOR SPDR TR	81369Y886	1,065,126	$45.5M	1.40%
17	NVIDIA CORPORATION	NVDA	174,783	$32.6M	1.00%
18	APPLE INC	AAPL	106,412	$28.9M	0.89%
19	MICROSOFT CORP	MSFT	48,249	$23.3M	0.72%
20	AMAZON COM INC	AMZN	66,685	$15.4M	0.47%