Shelton Capital Management 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
DANA INCORPORATED	COM	235825205	210	10,883	SH		SOLE		10,883	0	0
8POINT3 ENERGY PARTNERS LP	CL A RPT LTDPT	282539105	1,316	97,000	SH		SOLE		97,000	0	0
ABB LTD	SPONSORED ADR	000375204	1,703	72,779	SH		SOLE		72,779	0	0
ABBOTT LABS	COM	002824100	7,222	162,626	SH		SOLE		162,626	0	0
ABBVIE INC	COM	00287y109	6,997	107,388	SH		SOLE		107,388	0	0
ACTIVISION BLIZZARD INC	COM	00507v109	5,110	102,496	SH		SOLE		102,496	0	0
ADOBE SYS INC	COM	00724f101	10,284	79,026	SH		SOLE		79,026	0	0
ADVANCED ENERGY INDS	COM	007973100	1,124	16,400	SH		SOLE		16,400	0	0
ADVANCED MICRO DEVICES INC	COM	007903107	850	58,423	SH		SOLE		58,423	0	0
AECOM	COM	00766T100	419	11,777	SH		SOLE		11,777	0	0
AFLAC INC	COM	001055102	4,218	58,239	SH		SOLE		58,239	0	0
AGILENT TECHNOLOGIES INC	COM	00846u101	4,587	86,760	SH		SOLE		86,760	0	0
AGRIUM INC	COM	008916108	1,679	17,569	SH		SOLE		17,569	0	0
AK STL HLDG CORP	COM	001547108	211	29,386	SH		SOLE		29,386	0	0
AKAMAI TECHNOLOGIES INC	COM	00971T101	1,166	19,530	SH		SOLE		19,530	0	0
ALCENTRA CAP CORP	COM	01374T102	801	58,286	SH		SOLE		58,286	0	0
ALEXION PHARMACEUTICALS INC	COM	015351109	3,735	30,804	SH		SOLE		30,804	0	0
ALPHABET INC	CAP STK CL C	02079k107	43,832	52,838	SH		SOLE		52,838	0	0
ALPHABET INC	CAP STK CL A	02079k305	27,540	32,484	SH		SOLE		32,484	0	0
ALTRIA GROUP INC	COM	02209s103	1,589	22,255	SH		SOLE		22,255	0	0
AMAZON COM INC	COM	023135106	43,423	48,980	SH		SOLE		48,980	0	0
AMERICAN AIRLS GROUP INC	COM	02376R102	3,011	71,176	SH		SOLE		71,176	0	0
AMERICAN ELEC PWR INC	COM	025537101	3,904	58,154	SH		SOLE		58,154	0	0
AMERISOURCEBERGEN CORP	COM	03073e105	4,458	50,376	SH		SOLE		50,376	0	0
AMGEN INC	COM	031162100	17,883	108,997	SH		SOLE		108,997	0	0
ANADARKO PETE CORP	COM	032511107	2,789	44,980	SH		SOLE		44,980	0	0
ANALOG DEVICES INC	COM	032654105	3,578	43,655	SH		SOLE		43,655	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	415	22,062	SH		SOLE		22,062	0	0
APOLLO INVT CORP	COM	03761U106	492	75,000	SH		SOLE		75,000	0	0
APPLE INC	COM	037833100	128,874	897,074	SH		SOLE		897,074	0	0
APPLIED MATLS INC	COM	038222105	8,691	223,426	SH		SOLE		223,426	0	0
AQUA AMERICA INC	COM	03836W103	426	13,254	SH		SOLE		13,254	0	0
ARCELORMITTAL SA LUXEMBOURG	NY REGISTRY SH	03938l104	1,981	237,291	SH		SOLE		237,291	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	592	12,855	SH		SOLE		12,855	0	0
ARES CAP CORP	COM	04010L103	1,167	67,141	SH		SOLE		67,141	0	0
ARRIS INTL INC	SHS	G0551A103	348	13,140	SH		SOLE		13,140	0	0
ASPEN INSURANCE HOLDINGS LTD	SHS	G05384105	2,739	52,630	SH		SOLE		52,630	0	0
ASSOCIATED BANC CORP	COM	045487105	273	11,169	SH		SOLE		11,169	0	0
AT&T INC	COM	00206r102	6,503	156,508	SH		SOLE		156,508	0	0
AUTODESK INC	COM	052769106	3,954	45,723	SH		SOLE		45,723	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	6,933	67,707	SH		SOLE		67,707	0	0
BAIDU INC	SPON ADR REP A	056752108	3,247	18,821	SH		SOLE		18,821	0	0
BAKER HUGHES INC	COM	057224107	3,318	55,466	SH		SOLE		55,466	0	0
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	917	89,585	SH		SOLE		89,585	0	0
BANCO SANTANDER SA	ADR	05964h105	505	83,127	SH		SOLE		83,127	0	0
BANK AMER CORP	COM	060505104	9,151	387,905	SH		SOLE		387,905	0	0
BANK NEW YORK MELLON CORP	COM	064058100	2,026	42,900	SH		SOLE		42,900	0	0
BARCLAYS PLC	ADR	06738e204	723	64,303	SH		SOLE		64,303	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	3,328	19,965	SH		SOLE		19,965	0	0
BHP BILLITON LTD	SPONSORED ADR	088606108	4,534	124,840	SH		SOLE		124,840	0	0
BIOGEN INC	COM	09062x103	8,473	30,988	SH		SOLE		30,988	0	0
BIOMARIN PHARMACEUTICAL INC	COM	09061g101	933	10,626	SH		SOLE		10,626	0	0
BLACKROCK CAPITAL INVESTMENT	COM	092533108	453	60,000	SH		SOLE		60,000	0	0
BLACKROCK INC	COM	09247x101	4,949	12,905	SH		SOLE		12,905	0	0
BLACKSTONE MTG TR INC	COM CL A	09257W100	429	13,864	SH		SOLE		13,864	0	0
BOEING CO	COM	097023105	5,019	28,379	SH		SOLE		28,379	0	0
BOFI HLDG INC	COM	05566u108	1,383	52,909	SH		SOLE		52,909	0	0
BOSTON SCIENTIFIC CORP	COM	101137107	287	11,526	SH		SOLE		11,526	0	0
BP PLC	SPONSORED ADR	055622104	2,933	84,960	SH		SOLE		84,960	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	1,737	31,945	SH		SOLE		31,945	0	0
BRITISH AMERN TOB PLC	SPONSORED ADR	110448107	1,907	28,756	SH		SOLE		28,756	0	0
BRIXMOR PPTY GROUP INC	COM	11120U105	532	24,800	SH		SOLE		24,800	0	0
BROADCOM LTD	SHS	Y09827109	11,951	54,582	SH		SOLE		54,582	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133t103	692	10,189	SH		SOLE		10,189	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	412	33,009	SH		SOLE		33,009	0	0
BROOKFIELD ASSET MGMT INC	CL A LTD VT SH	112585104	492	13,484	SH		SOLE		13,484	0	0
CA INC	COM	12673p105	5,067	159,754	SH		SOLE		159,754	0	0
CADENCE DESIGN SYSTEM INC	COM	127387108	678	21,599	SH		SOLE		21,599	0	0
CANADIAN NAT RES LTD	COM	136385101	914	27,880	SH		SOLE		27,880	0	0
CANADIAN NATL RY CO	COM	136375102	2,461	33,285	SH		SOLE		33,285	0	0
CANADIAN PAC RY LTD	COM	13645t100	2,359	16,055	SH		SOLE		16,055	0	0
CANADIAN SOLAR INC	COM	136635109	1,190	97,000	SH		SOLE		97,000	0	0
CATERPILLAR INC DEL	COM	149123101	3,817	41,150	SH		SOLE		41,150	0	0
CDK GLOBAL INC	COM	12508e101	758	11,663	SH		SOLE		11,663	0	0
CELGENE CORP	COM	151020104	13,250	106,482	SH		SOLE		106,482	0	0
CERNER CORP	COM	156782104	2,492	42,338	SH		SOLE		42,338	0	0
CHARTER COMMUNICATIONS INC N	CL A	16119P108	12,170	37,182	SH		SOLE		37,182	0	0
CHECK POINT SOFTWARE TECH LT	ORD	M22465104	1,209	11,778	SH		SOLE		11,778	0	0
CHEMOURS CO	COM	163851108	790	20,511	SH		SOLE		20,511	0	0
CHEVRON CORP NEW	COM	166764100	55,755	519,283	SH		SOLE		519,283	0	0
CIENA CORP	COM NEW	171779309	266	11,260	SH		SOLE		11,260	0	0
CINTAS CORP	COM	172908105	1,625	12,844	SH		SOLE		12,844	0	0
CISCO SYS INC	COM	17275r102	24,052	711,583	SH		SOLE		711,583	0	0
CITIGROUP INC	COM NEW	172967424	3,613	60,400	SH		SOLE		60,400	0	0
CITRIX SYS INC	COM	177376100	1,787	21,424	SH		SOLE		21,424	0	0
CME GROUP INC	COM	12572q105	3,012	25,355	SH		SOLE		25,355	0	0
CNO FINL GROUP INC	COM	12621E103	268	13,076	SH		SOLE		13,076	0	0
COACH INC	COM	189754104	3,871	93,656	SH		SOLE		93,656	0	0
COCA COLA CO	COM	191216100	3,219	75,858	SH		SOLE		75,858	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	4,978	83,644	SH		SOLE		83,644	0	0
COLGATE PALMOLIVE CO	COM	194162103	3,036	41,487	SH		SOLE		41,487	0	0
COMCAST CORP NEW	CL A	20030n101	24,596	654,336	SH		SOLE		654,336	0	0
COMERICA INC	COM	200340107	2,396	34,931	SH		SOLE		34,931	0	0
COMPUTER SCIENCES CORP	COM	205363104	734	10,629	SH		SOLE		10,629	0	0
CONAGRA BRANDS INC	COM	205887102	3,429	85,000	SH		SOLE		85,000	0	0
CONOCOPHILLIPS	COM	20825c104	5,130	102,867	SH		SOLE		102,867	0	0
CONSOL ENERGY INC	COM	20854P109	220	13,127	SH		SOLE		13,127	0	0
CONSOLIDATED EDISON INC	COM	209115104	3,293	42,400	SH		SOLE		42,400	0	0
CONSOLIDATED WATER CO INC	ORD	G23773107	734	63,000	SH		SOLE		63,000	0	0
COSTCO WHSL CORP NEW	COM	22160k105	11,396	67,956	SH		SOLE		67,956	0	0
COUSINS PPTYS INC	COM	222795106	210	25,361	SH		SOLE		25,361	0	0
CRH PLC	ADR	12626k203	1,461	41,531	SH		SOLE		41,531	0	0
CSX CORP	COM	126408103	6,024	129,400	SH		SOLE		129,400	0	0
CTRIP COM INTL LTD	AMERICAN DEP SHS	22943F100	1,416	28,814	SH		SOLE		28,814	0	0
CYPRESS SEMICONDUCTOR CORP	COM	232806109	335	24,346	SH		SOLE		24,346	0	0
DARLING INGREDIENTS INC	COM	237266101	224	15,421	SH		SOLE		15,421	0	0
DAVITA INC	COM	23918k108	3,149	46,324	SH		SOLE		46,324	0	0
DDR CORP	COM	23317H102	227	18,108	SH		SOLE		18,108	0	0
DENTSPLY SIRONA INC	COM	24906P109	1,689	27,056	SH		SOLE		27,056	0	0
DEVON ENERGY CORP NEW	COM	25179m103	913	21,882	SH		SOLE		21,882	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	210	18,866	SH		SOLE		18,866	0	0
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	462	15,890	SH		SOLE		15,890	0	0
DISCOVERY COMMUNICATNS NEW	COM SER C	25470F302	853	30,120	SH		SOLE		30,120	0	0
DISH NETWORK CORP	CL A	25470M109	988	15,564	SH		SOLE		15,564	0	0
DISNEY WALT CO	COM DISNEY	254687106	2,291	20,203	SH		SOLE		20,203	0	0
DOLLAR TREE INC	COM	256746108	2,285	29,128	SH		SOLE		29,128	0	0
DOUGLAS EMMETT INC	COM	25960P109	417	10,862	SH		SOLE		10,862	0	0
DOW CHEM CO	COM	260543103	14,234	224,018	SH		SOLE		224,018	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	3,161	39,353	SH		SOLE		39,353	0	0
DUKE ENERGY CORP NEW	COM NEW	26441c204	1,410	17,198	SH		SOLE		17,198	0	0
DUKE REALTY CORP	COM NEW	264411505	1,401	53,340	SH		SOLE		53,340	0	0
EAST WEST BANCORP INC	COM	27579R104	558	10,821	SH		SOLE		10,821	0	0
EATON CORP PLC	SHS	g29183103	1,367	18,429	SH		SOLE		18,429	0	0
EBAY INC	COM	278642103	4,912	146,330	SH		SOLE		146,330	0	0
ELECTRONIC ARTS INC	COM	285512109	3,701	41,342	SH		SOLE		41,342	0	0
ENBRIDGE INC	COM	29250N105	494	11,808	SH		SOLE		11,808	0	0
ENSCO PLC	SHS CLASS A	g3157s106	450	50,235	SH		SOLE		50,235	0	0
EOG RES INC	COM	26875p101	3,980	40,798	SH		SOLE		40,798	0	0
EQT CORP	COM	26884l109	722	11,817	SH		SOLE		11,817	0	0
EXELON CORP	COM	30161n101	1,734	48,197	SH		SOLE		48,197	0	0
EXPEDIA INC DEL	COM NEW	30212P303	2,378	18,850	SH		SOLE		18,850	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219g108	5,374	81,542	SH		SOLE		81,542	0	0
EXXON MOBIL CORP	COM	30231g102	19,686	240,038	SH		SOLE		240,038	0	0
FACEBOOK INC	CL A	30303m102	54,819	385,916	SH		SOLE		385,916	0	0
FASTENAL CO	COM	311900104	2,045	39,704	SH		SOLE		39,704	0	0
FIFTH STR SR FLOATNG RATE CO	COM	31679F101	584	66,263	SH		SOLE		66,263	0	0
FIFTH STREET FINANCE CORP	COM	31678A103	413	89,314	SH		SOLE		89,314	0	0
FIFTH THIRD BANCORP	COM	316773100	3,329	131,069	SH		SOLE		131,069	0	0
FIRST HORIZON NATL CORP	COM	320517105	330	17,814	SH		SOLE		17,814	0	0
FIRST SOLAR INC	COM	336433107	1,875	69,200	SH		SOLE		69,200	0	0
FIRSTENERGY CORP	COM	337932107	1,500	47,148	SH		SOLE		47,148	0	0
FISERV INC	COM	337738108	3,747	32,498	SH		SOLE		32,498	0	0
FLOWERS FOODS INC	COM	343498101	391	20,132	SH		SOLE		20,132	0	0
FLUOR CORP NEW	COM	343412102	5,574	105,930	SH		SOLE		105,930	0	0
FNB CORP PA	COM	302520101	212	14,289	SH		SOLE		14,289	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	16,502	1,417,667	SH		SOLE		1,417,667	0	0
FORTIVE CORP	COM	34959j108	1,551	25,750	SH		SOLE		25,750	0	0
FTI CONSULTING INC	COM	302941109	542	13,168	SH		SOLE		13,168	0	0
FULTON FINL CORP PA	COM	360271100	234	13,099	SH		SOLE		13,099	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	3,664	64,800	SH		SOLE		64,800	0	0
GARMIN LTD	SHS	H2906T109	685	13,400	SH		SOLE		13,400	0	0
GENERAL ELECTRIC CO	COM	369604103	6,784	227,660	SH		SOLE		227,660	0	0
GENERAL MTRS CO	COM	37045V100	359	10,151	SH		SOLE		10,151	0	0
GENTEX CORP	COM	371901109	694	32,558	SH		SOLE		32,558	0	0
GENUINE PARTS CO	COM	372460105	3,648	39,472	SH		SOLE		39,472	0	0
GILEAD SCIENCES INC	COM	375558103	14,039	206,700	SH		SOLE		206,700	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733w105	689	16,331	SH		SOLE		16,331	0	0
GLOBAL PMTS INC	COM	37940x102	1,294	16,040	SH		SOLE		16,040	0	0
GLOBAL X FDS	GLB X SUPERDIV	37950e549	232	10,827	SH		SOLE		10,827	0	0
GOLDMAN SACHS GROUP INC	COM	38141g104	7,328	31,900	SH		SOLE		31,900	0	0
GOLUB CAP BDC INC	COM	38173M102	696	35,000	SH		SOLE		35,000	0	0
GREAT PLAINS ENERGY INC	COM	391164100	431	14,740	SH		SOLE		14,740	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	1,436	38,600	SH		SOLE		38,600	0	0
HANNON ARMSTRONG SUST INFR C	COM	41068X100	830	41,100	SH		SOLE		41,100	0	0
HARVEST CAP CR CORP	COM	41753F109	474	35,910	SH		SOLE		35,910	0	0
HASBRO INC	COM	418056107	1,490	14,922	SH		SOLE		14,922	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	2,370	100,000	SH		SOLE		100,000	0	0
HOLLYFRONTIER CORP	COM	436106108	456	16,087	SH		SOLE		16,087	0	0
HOLOGIC INC	COM	436440101	1,397	32,826	SH		SOLE		32,826	0	0
HOME BANCSHARES INC	COM	436893200	306	11,286	SH		SOLE		11,286	0	0
HOME DEPOT INC	COM	437076102	1,703	11,599	SH		SOLE		11,599	0	0
HOPE BANCORP INC	COM	43940T109	224	11,668	SH		SOLE		11,668	0	0
HOSPITALITY PPTYS TR	COM SH BEN INT	44106M102	391	12,412	SH		SOLE		12,412	0	0
HP INC	COM	40434l105	259	14,459	SH		SOLE		14,459	0	0
HUNT J B TRANS SVCS INC	COM	445658107	1,260	13,732	SH		SOLE		13,732	0	0
ILLUMINA INC	COM	452327109	3,089	18,100	SH		SOLE		18,100	0	0
INCYTE CORP	COM	45337C102	3,459	25,878	SH		SOLE		25,878	0	0
ING GROEP N V	SPONSORED ADR	456837103	1,861	123,310	SH		SOLE		123,310	0	0
INGERSOLL-RAND PLC	SHS	g47791101	1,111	13,659	SH		SOLE		13,659	0	0
INTEGRATED DEVICE TECHNOLOGY	COM	458118106	242	10,215	SH		SOLE		10,215	0	0
INTEL CORP	COM	458140100	26,755	741,742	SH		SOLE		741,742	0	0
INTERCONTINENTAL EXCHANGE IN	COM	45866f104	2,726	45,540	SH		SOLE		45,540	0	0
INTERFACE INC	COM	458665304	1,143	60,000	SH		SOLE		60,000	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	6,764	38,843	SH		SOLE		38,843	0	0
INTUIT	COM	461202103	4,090	35,258	SH		SOLE		35,258	0	0
INVESCO LTD	SHS	g491bt108	1,348	44,010	SH		SOLE		44,010	0	0
ISHARES TR	MSCI EAFE ETF	464287465	1,580	25,360	SH		SOLE		25,360	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	1,999	14,539	SH		SOLE		14,539	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	666	16,914	SH		SOLE		16,914	0	0
JA SOLAR HOLDINGS CO LTD	SPON ADR REP5ORD	466090206	654	100,000	SH		SOLE		100,000	0	0
JABIL CIRCUIT INC	COM	466313103	412	14,253	SH		SOLE		14,253	0	0
JD COM INC	SPON ADR CL A	47215P106	1,958	62,940	SH		SOLE		62,940	0	0
JETBLUE AIRWAYS CORP	COM	477143101	489	23,748	SH		SOLE		23,748	0	0
JINKOSOLAR HLDG CO LTD	SPONSORED ADR	47759T100	530	32,000	SH		SOLE		32,000	0	0
JOHNSON & JOHNSON	COM	478160104	7,022	56,382	SH		SOLE		56,382	0	0
JPMORGAN CHASE & CO	COM	46625h100	15,775	179,584	SH		SOLE		179,584	0	0
KANDI TECHNOLOGIES GROUP INC	COM	483709101	399	105,000	SH		SOLE		105,000	0	0
KELLOGG CO	COM	487836108	15,545	214,083	SH		SOLE		214,083	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338l103	484	13,388	SH		SOLE		13,388	0	0
KILROY RLTY CORP	COM	49427F108	991	13,748	SH		SOLE		13,748	0	0
KINDER MORGAN INC DEL	COM	49456b101	287	13,187	SH		SOLE		13,187	0	0
KLA-TENCOR CORP	COM	482480100	1,819	19,134	SH		SOLE		19,134	0	0
KOHLS CORP	COM	500255104	3,057	76,787	SH		SOLE		76,787	0	0
KRAFT HEINZ CO	COM	500754106	15,338	168,902	SH		SOLE		168,902	0	0
LAM RESEARCH CORP	COM	512807108	2,789	21,730	SH		SOLE		21,730	0	0
LAMB WESTON HLDGS INC	COM	513272104	1,192	28,331	SH		SOLE		28,331	0	0
LEGG MASON INC	COM	524901105	1,211	33,540	SH		SOLE		33,540	0	0
LEIDOS HLDGS INC	COM	525327102	552	10,785	SH		SOLE		10,785	0	0
LEXINGTON REALTY TRUST	COM	529043101	402	40,278	SH		SOLE		40,278	0	0
LG DISPLAY CO LTD	SPONS ADR REP	50186V102	640	47,000	SH		SOLE		47,000	0	0
LIBERTY GLOBAL PLC	SHS CL A	G5480U104	498	13,870	SH		SOLE		13,870	0	0
LIBERTY GLOBAL PLC	SHS CL C	G5480U120	1,537	43,868	SH		SOLE		43,868	0	0
LIBERTY INTERACTIVE CORP	QVC GP COM SER A	53071M104	514	25,661	SH		SOLE		25,661	0	0
LIBERTY PPTY TR	SH BEN INT	531172104	1,735	45,000	SH		SOLE		45,000	0	0
LIVE NATION ENTERTAINMENT IN	COM	538034109	304	10,025	SH		SOLE		10,025	0	0
LKQ CORP	COM	501889208	475	16,244	SH		SOLE		16,244	0	0
LOUISIANA PAC CORP	COM	546347105	267	10,742	SH		SOLE		10,742	0	0
MACK CALI RLTY CORP	COM	554489104	465	17,246	SH		SOLE		17,246	0	0
MARRIOTT INTL INC NEW	CL A	571903202	5,052	53,640	SH		SOLE		53,640	0	0
MATTEL INC	COM	577081102	974	38,046	SH		SOLE		38,046	0	0
MAXIM INTEGRATED PRODS INC	COM	57772K101	770	17,117	SH		SOLE		17,117	0	0
MCDONALDS CORP	COM	580135101	5,182	39,979	SH		SOLE		39,979	0	0
MDU RES GROUP INC	COM	552690109	409	14,957	SH		SOLE		14,957	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	210	16,278	SH		SOLE		16,278	0	0
MEDTRONIC PLC	SHS	g5960l103	1,084	13,455	SH		SOLE		13,455	0	0
MERCK & CO INC	COM	58933y105	3,654	57,515	SH		SOLE		57,515	0	0
METLIFE INC	COM	59156r108	4,334	82,057	SH		SOLE		82,057	0	0
MGIC INVT CORP WIS	COM	552848103	253	25,000	SH		SOLE		25,000	0	0
MICROCHIP TECHNOLOGY INC	COM	595017104	2,226	30,174	SH		SOLE		30,174	0	0
MICRON TECHNOLOGY INC	COM	595112103	4,155	143,778	SH		SOLE		143,778	0	0
MICROSOFT CORP	COM	594918104	11,874	180,297	SH		SOLE		180,297	0	0
MILLER HERMAN INC	COM	600544100	1,325	42,000	SH		SOLE		42,000	0	0
MITSUBISHI UFJ FINL GROUP IN	SPONSORED ADR	606822104	1,105	174,249	SH		SOLE		174,249	0	0
MONDELEZ INTL INC	CL A	609207105	9,194	213,428	SH		SOLE		213,428	0	0
MONSTER BEVERAGE CORP NEW	COM	61174X109	3,475	75,264	SH		SOLE		75,264	0	0
MORGAN STANLEY	COM NEW	617446448	4,113	96,000	SH		SOLE		96,000	0	0
MOSAIC CO NEW	COM	61945c103	3,355	114,968	SH		SOLE		114,968	0	0
MYLAN N V	SHS EURO	n59465109	10,482	268,840	SH		SOLE		268,840	0	0
MYLAN N V	SHS EURO	N59465109	3,026	77,600	SH		SOLE		77,600	0	0
NABORS INDUSTRIES LTD	SHS	g6359f103	1,381	105,627	SH		SOLE		105,627	0	0
NATIONAL RETAIL PPTYS INC	COM	637417106	479	10,988	SH		SOLE		10,988	0	0
NEKTAR THERAPEUTICS	COM	640268108	319	13,587	SH		SOLE		13,587	0	0
NETAPP INC	COM	64110d104	4,013	95,886	SH		SOLE		95,886	0	0
NETEASE INC	SPONSORED ADR	64110w102	3,115	10,970	SH		SOLE		10,970	0	0
NETFLIX INC	COM	64110l106	8,754	59,223	SH		SOLE		59,223	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	522	37,352	SH		SOLE		37,352	0	0
NEWSTAR FINANCIAL INC	COM	65251F105	1,062	100,410	SH		SOLE		100,410	0	0
NEXTERA ENERGY INC	COM	65339f101	1,996	15,545	SH		SOLE		15,545	0	0
NICE LTD	SPONSORED ADR	653656108	1,443	21,227	SH		SOLE		21,227	0	0
NIKE INC	CL B	654106103	1,735	31,133	SH		SOLE		31,133	0	0
NORDIC AMERICAN TANKERS LIMI	COM	g65773106	1,227	150,000	SH		SOLE		150,000	0	0
NORDSTROM INC	COM	655664100	1,202	25,805	SH		SOLE		25,805	0	0
NORFOLK SOUTHERN CORP	COM	655844108	2,061	18,407	SH		SOLE		18,407	0	0
NORTHROP GRUMMAN CORP	COM	666807102	4,091	17,200	SH		SOLE		17,200	0	0
NORWEGIAN CRUISE LINE HLDGS	SHS	G66721104	701	13,819	SH		SOLE		13,819	0	0
NOVARTIS A G	SPONSORED ADR	66987v109	1,002	13,492	SH		SOLE		13,492	0	0
NTT DOCOMO INC	SPONS ADR	62942m201	1,238	53,039	SH		SOLE		53,039	0	0
NVIDIA CORP	COM	67066g104	8,077	74,144	SH		SOLE		74,144	0	0
O REILLY AUTOMOTIVE INC NEW	COM	67103h107	3,339	12,374	SH		SOLE		12,374	0	0
OFFICE DEPOT INC	COM	676220106	217	46,441	SH		SOLE		46,441	0	0
OGE ENERGY CORP	COM	670837103	526	15,051	SH		SOLE		15,051	0	0
OLD NATL BANCORP IND	COM	680033107	214	12,326	SH		SOLE		12,326	0	0
OLD REP INTL CORP	COM	680223104	378	18,477	SH		SOLE		18,477	0	0
OLIN CORP	COM PAR $1	680665205	450	13,700	SH		SOLE		13,700	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	419	12,702	SH		SOLE		12,702	0	0
OMNICELL INC	COM	68213n109	411	10,115	SH		SOLE		10,115	0	0
ORACLE CORP	COM	68389x105	7,687	172,320	SH		SOLE		172,320	0	0
ORASURE TECHNOLOGIES INC	COM	68554V108	336	26,000	SH		SOLE		26,000	0	0
ORIX CORP	SPONSORED ADR	686330101	1,430	19,242	SH		SOLE		19,242	0	0
OWENS ILL INC	COM NEW	690768403	253	12,413	SH		SOLE		12,413	0	0
P T TELEKOMUNIKASI INDONESIA	SPONSORED ADR	715684106	1,611	51,693	SH		SOLE		51,693	0	0
PACCAR INC	COM	693718108	2,926	43,540	SH		SOLE		43,540	0	0
PATTERN ENERGY GROUP INC	CL A	70338P100	1,449	72,000	SH		SOLE		72,000	0	0
PATTERSON UTI ENERGY INC	COM	703481101	300	12,375	SH		SOLE		12,375	0	0
PAYCHEX INC	COM	704326107	6,024	102,276	SH		SOLE		102,276	0	0
PAYPAL HLDGS INC	COM	70450y103	7,178	166,860	SH		SOLE		166,860	0	0
PENNANTPARK FLOATING RATE CA	COM	70806A106	474	34,000	SH		SOLE		34,000	0	0
PEPSICO INC	COM	713448108	5,152	46,056	SH		SOLE		46,056	0	0
PFIZER INC	COM	717081103	6,463	188,916	SH		SOLE		188,916	0	0
PHILIP MORRIS INTL INC	COM	718172109	1,588	14,065	SH		SOLE		14,065	0	0
PHILLIPS 66	COM	718546104	2,690	33,954	SH		SOLE		33,954	0	0
PNC FINL SVCS GROUP INC	COM	693475105	2,491	20,721	SH		SOLE		20,721	0	0
POTASH CORP SASK INC	COM	73755l107	1,971	115,395	SH		SOLE		115,395	0	0
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935s105	343	22,569	SH		SOLE		22,569	0	0
PPG INDS INC	COM	693506107	10,140	96,500	SH		SOLE		96,500	0	0
PRAXAIR INC	COM	74005p104	3,634	30,637	SH		SOLE		30,637	0	0
PRINCIPAL FINL GROUP INC	COM	74251V102	1,723	27,300	SH		SOLE		27,300	0	0
PROCTER AND GAMBLE CO	COM	742718109	8,362	93,068	SH		SOLE		93,068	0	0
PROSPECT CAPITAL CORPORATION	COM	74348T102	271	30,000	SH		SOLE		30,000	0	0
QEP RES INC	COM	74733V100	211	16,638	SH		SOLE		16,638	0	0
QUALCOMM INC	COM	747525103	7,663	133,650	SH		SOLE		133,650	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	5,513	14,226	SH		SOLE		14,226	0	0
REGIONS FINL CORP NEW	COM	7591ep100	610	41,966	SH		SOLE		41,966	0	0
RESMED INC	COM	761152107	755	10,491	SH		SOLE		10,491	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	216	10,279	SH		SOLE		10,279	0	0
RETAIL PPTYS AMER INC	CL A	76131V202	418	29,000	SH		SOLE		29,000	0	0
REYNOLDS AMERICAN INC	COM	761713106	922	14,636	SH		SOLE		14,636	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	1,410	34,655	SH		SOLE		34,655	0	0
ROSS STORES INC	COM	778296103	3,298	50,072	SH		SOLE		50,072	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	5,872	111,368	SH		SOLE		111,368	0	0
RPM INTL INC	COM	749685103	551	10,009	SH		SOLE		10,009	0	0
SCHLUMBERGER LTD	COM	806857108	13,198	168,990	SH		SOLE		168,990	0	0
SCHNITZER STL INDS	CL A	806882106	454	22,000	SH		SOLE		22,000	0	0
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	1,552	33,782	SH		SOLE		33,782	0	0
SEI INVESTMENTS CO	COM	784117103	517	10,244	SH		SOLE		10,244	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369y860	634	20,066	SH		SOLE		20,066	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369y860	632	20,000	SH		SOLE		20,000	0	0
SEMPRA ENERGY	COM	816851109	1,779	16,100	SH		SOLE		16,100	0	0
SENIOR HSG PPTYS TR	SH BEN INT	81721M109	364	17,980	SH		SOLE		17,980	0	0
SENSIENT TECHNOLOGIES CORP	COM	81725T100	1,347	17,000	SH		SOLE		17,000	0	0
SERVICE CORP INTL	COM	817565104	408	13,205	SH		SOLE		13,205	0	0
SHIRE PLC	SPONSORED ADR	82481r106	3,880	22,270	SH		SOLE		22,270	0	0
SIERRA WIRELESS INC	COM	826516106	929	35,000	SH		SOLE		35,000	0	0
SIRIUS XM HLDGS INC	COM	82968B103	1,622	315,026	SH		SOLE		315,026	0	0
SKECHERS U S A INC	CL A	830566105	338	12,300	SH		SOLE		12,300	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	3,751	38,286	SH		SOLE		38,286	0	0
SLM CORP	COM	78442P106	393	32,515	SH		SOLE		32,515	0	0
SMITH A O	COM	831865209	570	11,151	SH		SOLE		11,151	0	0
SOLAR CAP LTD	COM	83413U100	309	13,669	SH		SOLE		13,669	0	0
SOUTHERN CO	COM	842587107	569	11,426	SH		SOLE		11,426	0	0
SOUTHWEST AIRLS CO	COM	844741108	937	17,423	SH		SOLE		17,423	0	0
SOUTHWESTERN ENERGY CO	COM	845467109	266	32,561	SH		SOLE		32,561	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462f103	18,339	77,794	SH		SOLE		77,794	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	14,922	63,300	SH		SOLE		63,300	0	0
SPDR SERIES TRUST	BLMBRG BRC CNVRT	78464a359	487	10,134	SH		SOLE		10,134	0	0
SPROUTS FMRS MKT INC	COM	85208M102	12,022	520,000	SH		SOLE		520,000	0	0
STARBUCKS CORP	COM	855244109	11,806	202,191	SH		SOLE		202,191	0	0
STARWOOD PPTY TR INC	COM	85571B105	324	14,356	SH		SOLE		14,356	0	0
STATE STR CORP	COM	857477103	5,780	72,600	SH		SOLE		72,600	0	0
STEEL DYNAMICS INC	COM	858119100	645	18,549	SH		SOLE		18,549	0	0
STEELCASE INC	CL A	858155203	436	26,000	SH		SOLE		26,000	0	0
STERLING BANCORP DEL	COM	85917A100	284	11,969	SH		SOLE		11,969	0	0
SUNCOR ENERGY INC NEW	COM	867224107	647	21,040	SH		SOLE		21,040	0	0
SUNOPTA INC	COM	8676EP108	459	66,000	SH		SOLE		66,000	0	0
SUNPOWER CORP	COM	867652406	386	63,200	SH		SOLE		63,200	0	0
SUNRUN INC	COM	86771W105	383	71,000	SH		SOLE		71,000	0	0
SYMANTEC CORP	COM	871503108	2,656	86,575	SH		SOLE		86,575	0	0
SYNOPSYS INC	COM	871607107	821	11,378	SH		SOLE		11,378	0	0
T MOBILE US INC	COM	872590104	3,656	56,598	SH		SOLE		56,598	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	2,157	65,686	SH		SOLE		65,686	0	0
TARGET CORP	COM	87612e106	4,876	88,348	SH		SOLE		88,348	0	0
TATA MTRS LTD	SPONSORED ADR	876568502	652	18,278	SH		SOLE		18,278	0	0
TCF FINL CORP	COM	872275102	273	16,020	SH		SOLE		16,020	0	0
TCP CAP CORP	COM	87238Q103	523	30,000	SH		SOLE		30,000	0	0
TECK RESOURCES LTD	CL B	878742204	1,771	80,868	SH		SOLE		80,868	0	0
TELEFONICA S A	SPONSORED ADR	879382208	275	24,558	SH		SOLE		24,558	0	0
TENARIS S A	SPONSORED ADR	88031m109	1,312	38,420	SH		SOLE		38,420	0	0
TERADATA CORP DEL	COM	88076w103	2,205	70,856	SH		SOLE		70,856	0	0
TERADYNE INC	COM	880770102	473	15,196	SH		SOLE		15,196	0	0
TESLA INC	COM	88160r101	5,872	21,100	SH		SOLE		21,100	0	0
TEXAS INSTRS INC	COM	882508104	2,781	34,520	SH		SOLE		34,520	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	3,634	23,662	SH		SOLE		23,662	0	0
THL CR INC	COM	872438106	454	45,592	SH		SOLE		45,592	0	0
TIVO CORP	COM	88870P106	210	11,187	SH		SOLE		11,187	0	0
TOLL BROTHERS INC	COM	889478103	410	11,365	SH		SOLE		11,365	0	0
TPG SPECIALTY LENDING INC	COM	87265K102	510	25,000	SH		SOLE		25,000	0	0
TRACTOR SUPPLY CO	COM	892356106	1,024	14,844	SH		SOLE		14,844	0	0
TREX CO INC	COM	89531P105	1,207	17,400	SH		SOLE		17,400	0	0
TRIMBLE INC	COM	896239100	607	18,971	SH		SOLE		18,971	0	0
TRINITY INDS INC	COM	896522109	308	11,596	SH		SOLE		11,596	0	0
TRIPADVISOR INC	COM	896945201	622	14,420	SH		SOLE		14,420	0	0
TRIPLEPOINT VENTURE GROWTH B	COM	89677Y100	233	16,703	SH		SOLE		16,703	0	0
TWENTY FIRST CENTY FOX INC	CL B	90130A200	3,138	98,726	SH		SOLE		98,726	0	0
TWENTY FIRST CENTY FOX INC	CL A	90130a101	4,511	139,270	SH		SOLE		139,270	0	0
TWITTER INC	COM	90184l102	513	34,300	SH		SOLE		34,300	0	0
UBS GROUP AG	SHS	h42097107	215	13,509	SH		SOLE		13,509	0	0
UGI CORP NEW	COM	902681105	641	12,966	SH		SOLE		12,966	0	0
UMPQUA HLDGS CORP	COM	904214103	329	18,525	SH		SOLE		18,525	0	0
UNILEVER N V	N Y SHS NEW	904784709	2,994	60,258	SH		SOLE		60,258	0	0
UNION PAC CORP	COM	907818108	1,684	15,900	SH		SOLE		15,900	0	0
UNITED NAT FOODS INC	COM	911163103	1,902	44,000	SH		SOLE		44,000	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	5,483	51,099	SH		SOLE		51,099	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	7,853	69,983	SH		SOLE		69,983	0	0
US BANCORP DEL	COM NEW	902973304	6,860	133,200	SH		SOLE		133,200	0	0
VALE S A	ADR	91912e105	394	41,505	SH		SOLE		41,505	0	0
VALLEY NATL BANCORP	COM	919794107	262	22,192	SH		SOLE		22,192	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,376	11,340	SH		SOLE		11,340	0	0
VERIFONE SYS INC	COM	92342Y109	203	10,831	SH		SOLE		10,831	0	0
VERISK ANALYTICS INC	COM	92345Y106	1,866	23,002	SH		SOLE		23,002	0	0
VERIZON COMMUNICATIONS INC	COM	92343v104	7,714	158,246	SH		SOLE		158,246	0	0
VERTEX PHARMACEUTICALS INC	COM	92532f100	3,440	31,462	SH		SOLE		31,462	0	0
VIACOM INC NEW	CL B	92553p201	5,096	109,320	SH		SOLE		109,320	0	0
VIAVI SOLUTIONS INC	COM	925550105	225	21,033	SH		SOLE		21,033	0	0
VISA INC	COM CL A	92826c839	2,061	23,186	SH		SOLE		23,186	0	0
VISTA OUTDOOR INC	COM	928377100	227	11,004	SH		SOLE		11,004	0	0
VODAFONE GROUP PLC NEW	SPONSORED ADR	92857w308	790	29,902	SH		SOLE		29,902	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	14,287	172,024	SH		SOLE		172,024	0	0
WAL-MART STORES INC	COM	931142103	5,867	81,401	SH		SOLE		81,401	0	0
WEATHERFORD INTL PLC	ORD SHS	g48833100	440	66,140	SH		SOLE		66,140	0	0
WELLS FARGO & CO NEW	COM	949746101	88,001	1,581,047	SH		SOLE		1,581,047	0	0
WENDYS CO	COM	95058W100	210	15,418	SH		SOLE		15,418	0	0
WESTAR ENERGY INC	COM	95709T100	580	10,695	SH		SOLE		10,695	0	0
WESTERN DIGITAL CORP	COM	958102105	3,236	39,216	SH		SOLE		39,216	0	0
WEYERHAEUSER CO	COM	962166104	3,370	99,170	SH		SOLE		99,170	0	0
WHITEWAVE FOODS CO	COM	966244105	2,358	42,000	SH		SOLE		42,000	0	0
WPX ENERGY INC	COM	98212B103	398	29,753	SH		SOLE		29,753	0	0
XILINX INC	COM	983919101	2,087	36,055	SH		SOLE		36,055	0	0
YAHOO INC	COM	984332106	6,083	131,070	SH		SOLE		131,070	0	0