Instuitional Investor - Iii Capital Management

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf Trust	SPY	333,951	$249,384,588	63.3%
2.	Ishares Tr - IBOXX HI YD ETF		308,000	$24,630,760	6.25%
3.	Ishares Trust	IEF	125,000	$9,638,750	2.45%
4.	Invesco Exchange Traded Fd T - S&P500 EQL WGT		40,000	$8,510,800	2.16%
5.	Crh Public Ltd Co	CRH	42,444	$4,541,508	1.15%