Instuitional Investor - 20 Capital Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	VLUE	172,626	$22,937,000	5.94%
2.	Ishares Trust	IEF	49,939	$21,470,000	5.56%
3.	Vanguard Specialized Funds - DIV APP ETF		138,235	$21,397,000	5.54%
4.	Proshares Tr - S&P 500 DV ARIST		205,597	$18,633,000	4.82%
5.	Spdr S & P 500 Etf Trust	SPY	31,545	$13,503,000	3.49%