Instuitional Investor - Baron Financial Group, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	32,148	$21,922,424	11.75%
2.	Ishares Trust	IEF	73,743	$18,152,593	9.73%
3.	Invesco Qqq Tr		21,434	$13,167,298	7.06%
4.	Vanguard Malvern Fds		256,510	$12,686,985	6.8%
5.	Ishares Trust	VLUE	75,230	$7,224,332	3.87%