Instuitional Investor - Michelson Medical Research Foundation, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Vail Resorts Inc	MTN	86,000	$11,035,520	11.2%
2.	Ishares Trust	IEF	51,905	$10,959,741	11.13%
3.	Vanguard Tax-Managed Fds		158,160	$10,134,893	10.29%
4.	Unitedhealth Group Inc	UNH	30,000	$8,117,700	8.24%
5.	Vanguard Intl Equity Index Funds	VWO	127,630	$6,898,402	7%