Instuitional Investor - Alaska Permanent Capital Management

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	413,332	$308,814,177	20.18%
2.	Ishares Trust	IEF	2,361,487	$181,967,646	11.89%
3.	Vanguard Bond Index Funds	BND	2,232,018	$163,807,803	10.7%
4.	Ishares Trust	HYG	1,226,501	$118,485,615	7.74%
5.	Ishares Inc - CORE MSCI EMKT		1,258,604	$104,473,139	6.83%