Instuitional Investor - Swan Global Investments, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr S & P 500 Etf TrustPUT	SPY	2,415,700	$1,365,353,079	38.08%
2.	Spdr S & P 500 Etf Trust	SPY	1,192,962	$737,071,572	20.56%
3.	Ishares Trust	IEF	727,636	$451,789,192	12.6%
4.	Sector Spdr Trust	XLB	538,561	$136,379,802	3.8%
5.	Pacer Fds Tr		2,590,216	$73,639,841	2.05%