Instuitional Investor - Magnolia Capital Advisors Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vanguard Index Fds		50,080	$15,220,800	3.83%
2.	Vanguard Index Fds - GROWTH ETF		29,166	$12,786,442	3.22%
3.	Ishares Trust	IEF	77,806	$10,506,947	2.65%
4.	Apple Inc.	AAPL	46,461	$9,532,426	2.4%
5.	Ishares Tr - MSCI USA QLT FCT		50,164	$9,171,009	2.31%