Instuitional Investor - Ryan Investment Management, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Ishares Trust	VLUE	478,568	$44,683,894	24.83%
2.	Ishares Trust	IEF	66,406	$31,105,234	17.29%
3.	Ishares Trust	IEF	145,973	$29,718,643	16.52%
4.	Spdr S & P 500 Etf Trust	SPY	22,487	$14,980,390	8.33%
5.	Invesco Nasdaq 100 Etf - ETF		24,729	$14,846,550	8.25%