Instuitional Investor - Gradient Capital Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	52,370	$39,219,542	9.08%
2.	Apple Inc.	AAPL	71,073	$20,565,699	4.76%
3.	State Street Spdr Portfolio Developed World Ex-Us Etf - ETF		309,462	$15,593,790	3.61%
4.	Vanguard Scottsdale Funds	VCIT	180,069	$14,230,880	3.3%
5.	Dimensional Etf Trust	DFAC	234,833	$12,789,005	2.96%