Instuitional Investor - Alaska Permanent Capital Management

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	414,325	$269,475,564	18.88%
2.	Vanguard Bond Index Funds	BND	2,192,270	$161,394,942	11.31%
3.	Ishares Trust	IEF	2,368,505	$159,847,095	11.2%
4.	Ishares Trust	VLUE	1,232,051	$111,180,305	7.79%
5.	Ishares Inc - CORE MSCI EMKT		1,373,924	$94,910,192	6.65%