Instuitional Investor - Chesapeake Wealth Management

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	174,583	$17,501,945	5.34%
2.	Microsoft Corp	MSFT	28,365	$14,691,651	4.48%
3.	Apple Inc.	AAPL	46,854	$11,930,433	3.64%
4.	Vanguard Scottsdale Funds		136,852	$10,938,580	3.34%
5.	Sector Spdr Trust	XLB	38,744	$10,920,383	3.33%