Instuitional Investor - Kathmere Capital Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	HYG	427,319	$85,382,609	4.52%
2.	Vanguard Tax-Managed Fds		1,048,879	$74,732,616	3.95%
3.	Ishares Trust	HYG	181,563	$62,245,142	3.29%
4.	Vanguard Index Fds - LARGE CAP ETF		174,662	$60,068,121	3.18%
5.	Ishares Trust	HYG	246,258	$54,036,301	2.86%