#	Issuer	Ticker	Shares	Value	% of Portfolio
1	ISHARES TR	464287200	50,783	$34.0M	22.60%
2	VANGUARD TAX-MANAGED FDS	921943858	205,116	$12.3M	8.17%
3	ISHARES TR	464287507	169,725	$11.1M	7.37%
4	VANGUARD INTL EQUITY INDEX F	922042858	142,222	$7.7M	5.12%
5	ISHARES GOLD TR	IAU	88,500	$6.4M	4.28%
6	SPDR SERIES TRUST	78468R200	207,810	$6.4M	4.26%
7	SELECT SECTOR SPDR TR	81369Y803	22,604	$6.4M	4.24%
8	VANGUARD INDEX FDS	922908751	17,947	$4.6M	3.03%
9	SPDR SERIES TRUST	78464A474	147,597	$4.5M	2.97%
10	ISHARES TR	464287226	42,859	$4.3M	2.86%
11	VANGUARD CHARLOTTE FDS	92203J407	63,165	$3.1M	2.08%
12	BARCLAYS BANK PLC	VXZ	78,270	$2.8M	1.84%
13	VANGUARD MUN BD FDS	922907746	54,808	$2.7M	1.82%
14	ISHARES TR	464287739	26,138	$2.5M	1.69%
15	SELECT SECTOR SPDR TR	81369Y605	44,267	$2.4M	1.59%
16	ISHARES TR	464287804	19,524	$2.3M	1.54%
17	SELECT SECTOR SPDR TR	81369Y407	9,544	$2.3M	1.52%
18	SELECT SECTOR SPDR TR	81369Y209	16,181	$2.3M	1.50%
19	SELECT SECTOR SPDR TR	81369Y704	14,459	$2.2M	1.48%
20	ISHARES TR	464287465	22,761	$2.1M	1.41%