Instuitional Investor - Baron Financial Group, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	32,645	$20,169,767	11.84%
2.	Ishares Trust	IEF	74,289	$16,030,838	9.41%
3.	Vanguard Malvern Fds		259,940	$13,067,184	7.67%
4.	Invesco Qqq Tr		21,864	$12,060,906	7.08%
5.	Ishares Trust	VLUE	75,345	$6,735,124	3.95%