Instuitional Investor - Credit Industriel Et Commercial

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sector Spdr TrustPUT	XLE	1,225,400	$75,068,004	5.85%
2.	Ishares TrustPUT	IEF	215,000	$53,320,000	4.15%
3.	Alphabet Inc.	GOOGL	184,735	$52,993,082	4.13%
4.	Market Vectors Etf TrustPUT	GDX	120,900	$46,353,060	3.61%
5.	Spdr Series TrustPUTPUT		172,500	$31,365,675	2.44%