Instuitional Investor - Chesapeake Wealth Management

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	160,893	$15,960,585	5.32%
2.	Microsoft Corp	MSFT	28,542	$14,197,424	4.74%
3.	Vanguard Scottsdale Funds		130,540	$10,377,929	3.46%
4.	Apple Inc.	AAPL	47,232	$9,690,589	3.23%
5.	Sector Spdr Trust	XLB	36,822	$9,324,434	3.11%