Instuitional Investor - Stephenson National Bank & Trust

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Jpmorgan Active Value Etf - ACTIVE VALUE ETF		914,389	$65,607,411	18.72%
2.	Vanguard S&P 500 Index Etf - S&P 500 ETF SHS		85,810	$51,275,766	14.63%
3.	Jpmorgan Active Growth Etf		517,947	$43,776,880	12.49%
4.	Fidelity Enhanced International		320,835	$11,935,062	3.4%
5.	Ishares Trust	IEF	111,846	$10,874,787	3.1%