Instuitional Investor - Diana Davis Spencer Foundation

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Bond Index Funds	BND	1,608,100	$118,404,403	40.56%
2.	Vanguard Bond Index Funds	BND	1,426,000	$110,286,840	37.78%
3.	Vanguard Scottsdale Funds		461,000	$34,989,900	11.99%
4.	Vanguard Index Fds - S&P 500 ETF SHS		49,675	$28,216,890	9.67%