Instuitional Investor - Phraction Management Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf TrustPUT	SPY	150,000	$97,551,000	20.2%
2.	Amazon Com Inc	AMZN	143,428	$29,871,750	6.19%
3.	Alphabet Inc.	GOOGL	89,158	$25,638,274	5.31%
4.	Analog Devices Inc	ADI	76,630	$24,379,068	5.05%
5.	Microsoft Corp	MSFT	62,928	$23,294,058	4.82%