Instuitional Investor - Hamel Associates, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Schwab Strategic Trust	SCHD	808,765	$25,662,113	7.08%
2.	Apple Inc.	AAPL	59,477	$17,202,536	4.74%
3.	Johnson & Johnson	JNJ	64,967	$16,495,222	4.55%
4.	Alphabet Inc.	GOOGL	46,642	$16,473,739	4.54%
5.	Walmart Inc.	WMT	137,247	$15,537,390	4.28%