Instuitional Investor - Arnhold Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Gold Trust	GLD	392,908	$169,064,383	12.42%
2.	Ishares Trust	IAU	1,757,254	$154,919,513	11.38%
3.	Lumentum Holdings Inc.	LITE	83,003	$58,331,188	4.28%
4.	Coherent Corp.	COHR	237,035	$56,464,107	4.15%
5.	Vertiv Holdings Co	VRT	219,385	$54,973,493	4.04%