Instuitional Investor - Westend Advisors, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Sector Spdr Trust	XLB	3,621,018	$510,319,448	11.93%
2.	Sector Spdr Trust	XLB	5,838,266	$345,540,691	8.08%
3.	Sector Spdr Trust	XLB	12,280,232	$330,768,720	7.73%
4.	Sector Spdr Trust	XLB	4,082,524	$284,086,725	6.64%
5.	Vanguard Intl Equity Index Funds	VWO	3,808,858	$271,839,042	6.36%