Instuitional Investor - Brave Asset Management Inc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr - EAFE VALUE ETF		696,832	$47,254,923	11.44%
2.	Ishares Trust	IEF	383,923	$38,480,348	9.32%
3.	Sector Spdr Trust	XLB	133,076	$37,496,963	9.08%
4.	Apple Inc.	AAPL	86,643	$22,061,143	5.34%
5.	Microsoft Corp	MSFT	39,271	$20,338,861	4.92%