Instuitional Investor - Spruce Investment Advisors Llc

Filing Period:
No. Security Ticker Shares Value % Port
1. VWO 167,595 $7,694,000 15.86%
2.
Ishares Inc
107,870 $5,337,000 11%
3.
Ishares Tr
109,699 $3,560,000 7.34%
4.
Ishares Tr
44,043 $2,911,000 6%
5. EWA 54,842 $2,440,000 5.03%