Instuitional Investor - Grange Capital, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Intl Equity Index Funds	VWO	109,676	$9,185,348	8.47%
2.	Vanguard Index Fds - S&P 500 ETF SHS		11,782	$8,092,180	7.46%
3.	Vanguard Intl Equity Index Funds	VWO	91,138	$8,069,363	7.44%
4.	Ishares Trust	IEF	94,012	$6,431,379	5.93%
5.	Invesco Exchange Traded Fd T - S&P500 EQL WGT		28,217	$6,003,702	5.53%