Instuitional Investor - Pavion Blue Capital, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	55,851	$20,674,438	8.98%
2.	Alphabet Inc.	GOOGL	46,054	$13,211,143	5.74%
3.	Walmart Inc.	WMT	102,782	$12,773,731	5.55%
4.	Costco Wholesale Corp W	COST	9,164	$9,131,393	3.97%
5.	Bank Of America Corp	VKI	186,014	$9,068,183	3.94%