Instuitional Investor - Bristlecone Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	328,304	$123,241,951	10.07%
2.	Ishares Trust	IEF	93,198	$52,368,232	4.28%
3.	Apple Inc.	AAPL	203,838	$45,278,431	3.7%
4.	Ishares Trust	IEF	413,983	$40,951,219	3.35%
5.	Amazon Com Inc	AMZN	185,557	$35,304,075	2.88%