Instuitional Investor - Cwm, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr		17,375,112	$803,251	2.83%
2.	Ishares Trust	IEF	1,228,919	$763,036	2.69%
3.	Spdr Series Trust		9,940,516	$722,576	2.55%
4.	Ishares Tr - MSCI USA QLT FCT		3,387,135	$619,236	2.18%
5.	Ishares Trust	IEF	5,241,399	$577,078	2.04%