Instuitional Investor - Verdence Capital Advisors Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Spdr Series Trust		587,776	$53,863,812	3.13%
2.	Apple Inc.	AAPL	202,047	$51,277,531	2.98%
3.	Spdr S & P 500 Etf Trust	SPY	60,789	$39,533,624	2.3%
4.	Ishares Tr - FLTG RATE NT ETF		772,289	$39,348,122	2.29%
5.	Janus Detroit Str Tr		774,368	$39,004,936	2.27%