Instuitional Investor - Ehrenkranz Partners L.p.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Inc	EWZ	221,979	$44,817,560	25.87%
2.	Ishares Inc - MSCI JAPAN ETF		438,633	$40,911,299	23.62%
3.	Spdr S & P 500 Etf Trust	SPY	20,722	$15,475,002	8.93%
4.	Ishares Trust	HYG	110,458	$11,474,377	6.62%
5.	Invesco Exchange Traded Fd T - S&P500 EQL WGT		35,785	$7,613,974	4.4%