Instuitional Investor - Oarsman Capital, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	IEF	915,513	$90,882,983	11.28%
2.	Schwab Strategic Trust	SCHD	2,806,554	$69,462,218	8.62%
3.	Vanguard Value Etf - ETF		314,273	$61,660,379	7.65%
4.	Spdr Series Trust		543,010	$53,166,085	6.6%
5.	Spdr Series Trust		590,328	$34,959,242	4.34%