Instuitional Investor - Newfocus Financial Group, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Apple Inc.	AAPL	274,766	$36,459,000	10.73%
2.	Vanguard Specialized Funds		156,126	$22,040,000	6.48%
3.	Ishares Tr		277,390	$17,428,000	5.13%
4.	Microsoft Corp	MSFT	54,893	$12,209,000	3.59%
5.	Ishares Trust	IEF	28,421	$10,669,000	3.14%