Instuitional Investor - Conservest Capital Advisors, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	236,351	$176,504,258	14.04%
2.	Sector Spdr Trust	XLE	872,595	$166,246,825	13.22%
3.	Spdr S & P Midcap 400 Etf Trust	MDY	208,394	$146,574,644	11.66%
4.	J P Morgan Exchange Traded F		915,678	$75,534,238	6.01%
5.	Sector Spdr Trust	XLE	468,151	$74,276,897	5.91%