Instuitional Investor - Sgl Investment Advisors, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Microsoft Corp	MSFT	21,487	$10,670,852	5.08%
2.	Apple Inc.	AAPL	42,710	$8,969,556	4.27%
3.	International Business Machines Corp	IBM	24,465	$7,105,125	3.38%
4.	Mastercard Inc	MA	12,378	$6,961,882	3.31%
5.	Jpmorgan Chase & Co	JPM	21,263	$6,012,751	2.86%