Instuitional Investor - Stephenson & Company, Inc.

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Berkshire Hathaway Inc	BRK.A	50,564	$26,929,375	17.5%
2.	Invesco Exchange Traded Fd T - S&P500 EQL WGT		123,391	$21,375,077	13.89%
3.	Ishares Trust	IEF	34,298	$19,271,879	12.53%
4.	Vanguard Tax-Managed Fds		378,108	$19,219,251	12.49%
5.	Vanguard Bond Index Funds	BND	199,588	$15,623,749	10.15%