| Security | $Holding | Balance | % of Fund | Category | Position | Country |
|---|---|---|---|---|---|---|
| LALT PowerShares Exchange-Traded Fund Trust II | 32.44 mm | 162.92 k shares | 16.10 | Common equity | Long | USA |
|
ISHARES SELECT D
|
31.61 mm | 234.61 k shares | 15.69 | Common equity | Long | USA |
| Select Sector SPDR Trust | 29.57 mm | 201.33 k shares | 14.68 | Common equity | Long | USA |
| Select Sector SPDR Trust | 26.02 mm | 293.68 k shares | 12.91 | Common equity | Long | USA |
| Select Sector SPDR Trust | 22.65 mm | 283.44 k shares | 11.24 | Common equity | Long | USA |
| PIMCO ETF Trust | 17.70 mm | 680.61 k shares | 8.79 | Common equity | Long | USA |
| Select Sector SPDR Trust | 10.72 mm | 48.24 k shares | 5.32 | Common equity | Long | USA |
| VBR Vanguard Small Cap Value Index Fund | 10.67 mm | 40.85 k shares | 5.29 | Common equity | Long | USA |
| Select Sector SPDR Trust | 9.98 mm | 124.53 k shares | 4.95 | Common equity | Long | USA |
|
ISHARES LATIN AM
|
8.43 mm | 342.82 k shares | 4.19 | Common equity | Long | USA |
| BBH SWEEP VEHICLE | 1.79 mm | 1.79 mm principal | 0.89 | Short-term investment vehicle | Long | USA |
| Invesco Government & Agency Portfolio | 0 | 0.00 shares | 0.00 | Short-term investment vehicle | Long | USA |
