Instuitional Investor - Mkp Capital Management, L.l.c.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Tr		4,276,752	$435,245,051	22.74%
2.	Sector Spdr Trust	XLB	10,842,400	$407,674,240	21.3%
3.	Spdr S & P 500 Etf Trust	SPY	640,000	$304,198,400	15.89%
4.	Ishares Trust	IEF	4,301,077	$103,354,880	5.4%
5.	Crown Castle Inc.	CCI	770,000	$88,696,300	4.63%