#	Issuer	Ticker	Shares	Value	% of Portfolio
1	SPDR SERIES TRUST	78464A649	1,335,148	$34.4M	19.39%
2	ISHARES TR	464287465	261,908	$25.2M	14.18%
3	SPDR SERIES TRUST	78464A854	290,173	$23.3M	13.13%
4	SPDR INDEX SHS FDS	78463X434	147,301	$13.4M	7.53%
5	ISHARES TR	464287200	15,057	$10.3M	5.82%
6	SPDR SERIES TRUST	78464A367	369,153	$8.3M	4.70%
7	ISHARES TR	464287697	70,374	$7.6M	4.30%
8	ISHARES TR	464288760	33,166	$7.1M	4.02%
9	ISHARES TR	46436E718	60,824	$6.1M	3.44%
10	SPDR SERIES TRUST	78464A474	195,019	$5.9M	3.32%
11	ISHARES TR	464288372	91,242	$5.6M	3.16%
12	ISHARES TR	464287226	50,676	$5.1M	2.85%
13	VANGUARD INDEX FDS	922908744	20,531	$3.9M	2.21%
14	VANGUARD INDEX FDS	922908363	4,105	$2.6M	1.45%
15	ISHARES TR	464287242	20,137	$2.2M	1.25%
16	ISHARES TR	46435U713	34,526	$1.8M	1.02%
17	FRANKLIN TEMPLETON ETF TR	FGDL	19,563	$1.4M	0.76%
18	VANGUARD WORLD FD	92204A207	6,246	$1.3M	0.74%
19	SPDR SERIES TRUST	78464A375	37,996	$1.3M	0.72%
20	ISHARES TR	464288679	10,204	$1.1M	0.63%