#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	59,065	$40.5M	12.47%
2	SPDR SERIES TRUST	78464A508	343,394	$19.5M	6.01%
3	SPDR SERIES TRUST	78464A854	236,562	$19.0M	5.85%
4	ISHARES TR	46435G516	180,988	$17.2M	5.30%
5	ISHARES TR	464287507	249,501	$16.5M	5.08%
6	SPDR SERIES TRUST	78468R853	296,955	$13.9M	4.29%
7	ISHARES TR	46436E205	524,522	$12.3M	3.78%
8	ISHARES TR	46435U515	482,267	$12.3M	3.78%
9	ISHARES TR	46435UAA9	441,069	$10.7M	3.30%
10	ISHARES TR	46435GAA0	417,139	$10.1M	3.12%
11	SPDR SERIES TRUST	78464A847	167,745	$9.7M	2.99%
12	ISHARES TR	46429B655	168,728	$8.6M	2.65%
13	VANGUARD TAX-MANAGED FDS	921943858	132,054	$8.2M	2.54%
14	INVESCO EXCH TRADED FD TR II	IVZ	333,789	$8.1M	2.50%
15	SPDR SERIES TRUST	78464A359	89,134	$8.0M	2.45%
16	APPLE INC	AAPL	28,252	$7.7M	2.37%
17	SPDR INDEX SHS FDS	78463X509	159,402	$7.5M	2.30%
18	J P MORGAN EXCHANGE TRADED F	46641Q852	148,100	$7.2M	2.22%
19	SELECT SECTOR SPDR TR	81369Y803	37,990	$5.5M	1.69%
20	SSGA ACTIVE ETF TR	78467V608	125,460	$5.2M	1.60%