Instuitional Investor - Janney Montgomery Scott Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Apple Inc.	AAPL	4,792,927	$1,216,397	3.01%
2.	Ishares Trust	IEF	1,412,900	$922,921	2.28%
3.	Microsoft Corp	MSFT	2,238,486	$828,620	2.05%
4.	Nvidia Corp	NVDA	4,477,669	$780,906	1.93%
5.	Sector Spdr Trust	XLB	4,727,854	$628,332	1.56%