Instuitional Investor - Black Swift Group, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust	KRE	869,331	$103,441,644	14.95%
2.	Spdr S & P 500 Etf Trust	SPY	98,457	$73,524,734	10.63%
3.	Sector Spdr Trust	XLE	186,867	$35,601,913	5.14%
4.	Ishares Trust	IEF	251,725	$31,256,693	4.52%
5.	Market Vectors Etf Trust	GDX	41,381	$27,141,384	3.92%