Instuitional Investor - Innealta Capital, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust		828,403	$24,040,255	10.78%
2.	Sector Spdr Trust	XLB	95,681	$18,416,679	8.26%
3.	Sector Spdr Trust	XLB	419,160	$15,760,416	7.07%
4.	Sector Spdr Trust	XLB	53,007	$9,478,182	4.25%
5.	Sector Spdr Trust	XLB	59,122	$8,063,058	3.61%