Instuitional Investor - Stephenson National Bank & Trust

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Jpmorgan Active Value Etf - ACTIVE VALUE ETF		912,599	$72,469,487	18.35%
2.	Vanguard S&P 500 Index Etf - S&P 500 ETF SHS		90,235	$61,974,300	15.69%
3.	Jpmorgan Active Growth Etf		522,553	$51,518,500	13.04%
4.	Fidelity Enhanced International		320,420	$12,858,455	3.26%
5.	Ishares Trust	IEF	114,666	$12,649,953	3.2%