Instuitional Investor - Grayhawk Investment Strategies Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Msci Eafe Value Etf		108,050	$6,368,467	14.5%
2.	Ishares Trust	IEF	9,706	$5,453,801	12.42%
3.	Vanguard S&P 500 Value Etf		27,730	$5,107,589	11.63%
4.	Ishares Msci Eafe Growth Etf		41,950	$4,195,000	9.55%
5.	Harbor Commodity All-Weather Strategy		162,782	$3,914,907	8.91%