Instuitional Investor - Emery Howard Portfolio Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	419,185	$199,096,000	25.74%
2.	Vanguard Ftse Developed Markets Etf		2,087,742	$106,600,000	13.78%
3.	Vanguard S&P 500 Etf		199,160	$86,947,000	11.24%
4.	Vanguard Mid Cap		245,430	$62,528,000	8.08%
5.	Ishares Trust	IEF	108,112	$51,568,000	6.66%