Instuitional Investor - Madrid Financial Services

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Global X Fds - GLBL X MLP ETF		488,670	$25,938,608	13.73%
2.	Ishares Tr - CORE 60 BALA ETF		305,776	$21,251,531	11.25%
3.	Ishares Inc	EWZ	75,563	$15,256,188	8.07%
4.	Invesco Qqq Tr		18,029	$13,276,203	7.02%
5.	Market Vectors Etf Trust	GDX	158,703	$11,974,142	6.34%