Instuitional Investor - Annandale Capital, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf TrustCALL	SPY	1,300,000	$812,500	51.26%
2.	Spdr S & P 500 Etf TrustPUT	SPY	260,000	$143,425	9.05%
3.	Vanguard Bond Index Funds	BND	547,636	$42,869	2.7%
4.	Dimensional Etf Trust		817,373	$34,379	2.17%
5.	Dimensional Etf Trust		792,312	$24,744	1.56%