Instuitional Investor - Hirtle Callaghan & Co Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	985,680	$736,076,254	24.2%
2.	Ishares Trust	HYG	4,008,471	$387,138,129	12.73%
3.	Ishares Trust	IEF	445,526	$333,649,966	10.97%
4.	Ishares Trust	HYG	1,980,601	$205,744,832	6.76%
5.	Ishares Core Msci Emerging Markets Etf		2,249,929	$186,384,118	6.13%