Instuitional Investor - Central Pacific Bank - Trust Division

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	115,979	$86,855,513	8.83%
2.	Spdr S & P 500 Etf Trust	SPY	41,559	$31,035,014	3.15%
3.	Apple Inc.	AAPL	94,270	$27,277,968	2.77%
4.	Blackrock Etf Trust	DYNF	328,757	$22,358,764	2.27%
5.	Vanguard Malvern Fds - CORE BD ETF		282,575	$21,824,030	2.22%