Instuitional Investor - Gallagher Fiduciary Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Mcdonalds Corp	MCD	4,576,008	$1,390,602,993	51.08%
2.	Pg&E Corp	PCG	20,052,912	$302,397,918	11.11%
3.	Delta Air Lines Inc.	DAL	4,297,747	$243,897,116	8.96%
4.	Cbre Group Inc.	CBRE	915,107	$144,184,258	5.3%
5.	Ishares Trust	IEF	346,385	$38,611,509	1.42%