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| | | 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 |
3M CO | COM | 88579Y101 | 3,142 | 22,177 | SH | | SOLE | 1 | 22,177 | 0 | 0 |
AES Corp | COM | 00130H105 | 2,114 | 149,070 | SH | | SOLE | 1 | 149,070 | 0 | 0 |
American International Group | COM NEW | 026874784 | 5,233 | 96,869 | SH | | SOLE | 1 | 96,869 | 0 | 0 |
Amgen Inc | COM | 031162100 | 4,115 | 29,300 | SH | | SOLE | 1 | 29,300 | 0 | 0 |
Apple Inc | COM | 037833100 | 7,254 | 71,998 | SH | | SOLE | 1 | 71,998 | 0 | 0 |
Archer Daniels Midland Co | COM | 039483102 | 4,035 | 78,965 | SH | | SOLE | 1 | 78,965 | 0 | 0 |
AT&T Inc | COM | 00206R102 | 2,700 | 76,628 | SH | | SOLE | 1 | 76,628 | 0 | 0 |
Barclays Bank PLC | CALL | 06738C828 | 2,067 | 1,940,000 | SH | | SOLE | 1 | 1,940,000 | 0 | 0 |
Baxter International Inc | COM | 071813109 | 2,258 | 31,458 | SH | | SOLE | 1 | 31,458 | 0 | 0 |
BB&T Corp | COM | 054937107 | 2,225 | 59,785 | SH | | SOLE | 1 | 59,785 | 0 | 0 |
Berkshire Hathaway Inc | CLASS B NEW | 084670702 | 3,374 | 24,423 | SH | | SOLE | 1 | 24,423 | 0 | 0 |
Boeing Co | COM | 097023105 | 3,119 | 24,489 | SH | | SOLE | 1 | 24,489 | 0 | 0 |
Boston Scientific Corp | COM | 101137107 | 4,102 | 347,317 | SH | | SOLE | 1 | 347,317 | 0 | 0 |
Bristol-Myers Squibb Co | COM | 110122108 | 3,204 | 62,596 | SH | | SOLE | 1 | 62,596 | 0 | 0 |
Bunge LTD | COM | G16962105 | 3,226 | 38,305 | SH | | SOLE | 1 | 38,305 | 0 | 0 |
CCG Commercial Pool II Inc | COM | 12501RAF6 | 86 | 1,000 | SH | | SOLE | 1 | 1,000 | 0 | 0 |
Centurylink Inc | COM | 156700106 | 1,917 | 46,890 | SH | | SOLE | 1 | 46,890 | 0 | 0 |
Charles Schwab Corp | COM | 808513105 | 3,772 | 128,348 | SH | | SOLE | 1 | 128,348 | 0 | 0 |
Chevron Corp | COM | 166764100 | 5,016 | 42,042 | SH | | SOLE | 1 | 42,042 | 0 | 0 |
Coca-Cola Co | COM | 191216100 | 2,681 | 62,838 | SH | | SOLE | 1 | 62,838 | 0 | 0 |
ConocoPhillips | COM | 20825C104 | 2,210 | 28,875 | SH | | SOLE | 1 | 28,875 | 0 | 0 |
Consumer Discretionary SPDR | Select Sector SPDR TR SBI Cons Discr | 81369Y407 | 32,735 | 490,851 | SH | | SOLE | 1 | 490,851 | 0 | 0 |
Consumer Staples Sector SPDR | Select Sector SPDR TR SBI Cons Stpls | 81369Y308 | 11,466 | 254,178 | SH | | SOLE | 1 | 254,178 | 0 | 0 |
CST Brands Inc | COM | 12646R105 | 292 | 8,132 | SH | | SOLE | 1 | 8,132 | 0 | 0 |
CVS Caremark Corp | COM | 126650100 | 3,657 | 45,942 | SH | | SOLE | 1 | 45,942 | 0 | 0 |
DR Horton Inc | COM | 23331A109 | 2,601 | 126,768 | SH | | SOLE | 1 | 126,768 | 0 | 0 |
Eli Lilly & Co | COM | 532457108 | 2,904 | 44,782 | SH | | SOLE | 1 | 44,782 | 0 | 0 |
Emerson Electric Co | COM | 291011104 | 2,513 | 40,149 | SH | | SOLE | 1 | 40,149 | 0 | 0 |
Energy Select Sector SPDR Fund | Select Sector SPDR TR SBI INT-Energy | 81369Y506 | 10,942 | 120,743 | SH | | SOLE | 1 | 120,743 | 0 | 0 |
Exxon Mobil Corp | COM | 30231G102 | 6,377 | 67,807 | SH | | SOLE | 1 | 67,807 | 0 | 0 |
Fifth Third Bancorp | COM | 316773100 | 2,837 | 141,731 | SH | | SOLE | 1 | 141,731 | 0 | 0 |
Financial Select Sector SPDR | Select Sector SPDR TR SBI INT-Finl | 81369Y605 | 18,772 | 810,207 | SH | | SOLE | 1 | 810,207 | 0 | 0 |
General Electric Co | COM | 369604103 | 4,234 | 165,242 | SH | | SOLE | 1 | 165,242 | 0 | 0 |
Goldman Sachs Group Inc | COM | 38141G104 | 3,638 | 19,819 | SH | | SOLE | 1 | 19,819 | 0 | 0 |
Goodyear Tire & Rubber Co | COM | 382550101 | 3,830 | 169,584 | SH | | SOLE | 1 | 169,584 | 0 | 0 |
Google Inc | CLASS C | 38259P706 | 4,263 | 7,384 | SH | | SOLE | 1 | 7,384 | 0 | 0 |
Google Inc | CLASS A | 38259P508 | 3,905 | 6,637 | SH | | SOLE | 1 | 6,637 | 0 | 0 |
Health Care Select Sector SPDR | Select Sector SPDR TR SBI Healthcare | 81369Y209 | 26,648 | 416,963 | SH | | SOLE | 1 | 416,963 | 0 | 0 |
Hess Corp | COM | 42809H107 | 2,922 | 30,980 | SH | | SOLE | 1 | 30,980 | 0 | 0 |
Honeywell International Inc | COM | 438516106 | 3,899 | 41,872 | SH | | SOLE | 1 | 41,872 | 0 | 0 |
Industrial Select Sect SPDR | Select Sector SPDR TR SBI INT-Inds | 81369Y704 | 11,202 | 210,771 | SH | | SOLE | 1 | 210,771 | 0 | 0 |
International Paper Co | COM | 460146103 | 6,562 | 137,451 | SH | | SOLE | 1 | 137,451 | 0 | 0 |
IShares | MSCI UTD KNGDM | 46434V548 | 3,563 | 183,870 | SH | | SOLE | 1 | 183,870 | 0 | 0 |
Ishares Dow Jones US Telecom | U.S. Telecom ETF | 464287713 | 2,089 | 69,755 | SH | | SOLE | 1 | 69,755 | 0 | 0 |
ISHARES MSCI EAFE INDEX FUND | MSCI EAFE Index | 464287465 | 6,406 | 99,900 | SH | | SOLE | 1 | 99,900 | 0 | 0 |
ISHARES MSCI FRANCE ETF | MSCI France Index | 464286707 | 2,923 | 110,100 | SH | | SOLE | 1 | 110,100 | 0 | 0 |
ISHARES MSCI GERMANY ETF | MSCI Germany Index | 464286806 | 546 | 19,700 | SH | | SOLE | 1 | 19,700 | 0 | 0 |
ISHARES MSCI JAPAN ETF | MSCI Japan Index | 464286848 | 8,216 | 698,056 | SH | | SOLE | 1 | 698,056 | 0 | 0 |
ISHARES MSCI MEXICO CAPPED ETF | MSCI Mexico | 464286822 | 1,339 | 19,475 | SH | | SOLE | 1 | 19,475 | 0 | 0 |
ISHARES MSCI UNITED KINGDOM ETF | MSCI United Kingdom | 46434V548 | 2,439 | 125,850 | SH | | SOLE | 1 | 125,850 | 0 | 0 |
IShares Tr | ISHARES TR MSCI EAFE Index | 464287465 | 7,487 | 116,762 | SH | | SOLE | 2 | 116,762 | 0 | 0 |
IShares Tr | ISHARES TR CORE S&P 500 ETF | 464287200 | 38,284 | 193,100 | SH | | SOLE | 2 | 193,100 | 0 | 0 |
Kayne Anderson ETR Fund Inc | COM | 48660P104 | 16,014 | 600,000 | SH | | SOLE | 1 | 600,000 | 0 | 0 |
Kayne Anderson Midstream Enrgy | COM | 48661E108 | 15,053 | 560,000 | SH | | SOLE | 1 | 560,000 | 0 | 0 |
Kayne Anderson MLP Investment | PFD | 486606502 | 16,080 | 600,000 | SH | | SOLE | 1 | 600,000 | 0 | 0 |
Kayne Anderson MLP Investment | PFD | 486606403 | 11,836 | 440,000 | SH | | SOLE | 1 | 440,000 | 0 | 0 |
Kimberly-Clark Corp | COM | 494368103 | 2,582 | 24,005 | SH | | SOLE | 1 | 24,005 | 0 | 0 |
Legg Mason Inc | COM | 524901105 | 3,804 | 74,362 | SH | | SOLE | 1 | 74,362 | 0 | 0 |
Lloyds Banking Group PLC | COM | 539439AC3 | 1,559 | 1,460,000 | SH | | SOLE | 1 | 1,460,000 | 0 | 0 |
Lockheed Martin Corp | COM | 539830109 | 3,606 | 19,727 | SH | | SOLE | 1 | 19,727 | 0 | 0 |
Materials Select Sector SPDR | Select Sector SPDR TR SBI Materials | 81369Y100 | 3,406 | 68,680 | SH | | SOLE | 1 | 68,680 | 0 | 0 |
Merck & Co Inc | COM | 58933Y105 | 2,846 | 48,012 | SH | | SOLE | 1 | 48,012 | 0 | 0 |
Morgan Stanley | COM NEW | 617446448 | 2,523 | 72,969 | SH | | SOLE | 1 | 72,969 | 0 | 0 |
Mosaic Holdings Inc | COM | 61945C103 | 3,072 | 69,182 | SH | | SOLE | 1 | 69,182 | 0 | 0 |
Neuberger Berman Real Estate | COM | 64190A103 | 5,125 | 200 | SH | | SOLE | 1 | 200 | 0 | 0 |
Occidental Petroleum Corp | COM | 674599105 | 2,160 | 22,467 | SH | | SOLE | 1 | 22,467 | 0 | 0 |
Pepsico Inc | COM | 713448108 | 2,799 | 30,069 | SH | | SOLE | 1 | 30,069 | 0 | 0 |
Pfizer Inc | COM | 717081103 | 3,345 | 113,118 | SH | | SOLE | 1 | 113,118 | 0 | 0 |
Philip Morris International | COM | 718172109 | 2,065 | 24,755 | SH | | SOLE | 1 | 24,755 | 0 | 0 |
PNC Financial Services Group | COM | 693475105 | 3,585 | 41,885 | SH | | SOLE | 1 | 41,885 | 0 | 0 |
POWERSHARES QQQ TRUST SERIES 1 | MSCI EAFE Index | 73935A104 | 36,700 | 371,500 | SH | | SOLE | 1 | 371,500 | 0 | 0 |
Procter & Gamble Co | COM | 742718109 | 3,806 | 45,447 | SH | | SOLE | 1 | 45,447 | 0 | 0 |
Raytheon Co | COM NEW | 755111507 | 3,343 | 32,898 | SH | | SOLE | 1 | 32,898 | 0 | 0 |
Salesforce Com Inc | COM | 79466L302 | 4,622 | 80,341 | SH | | SOLE | 1 | 80,341 | 0 | 0 |
SPDR S&P 500 ETF TRUST | TR UNIT | 78462F103 | 330,334 | 1,676,652 | SH | | SOLE | 1 | 1,676,652 | 0 | 0 |
State Street Corp | COM | 857477103 | 3,298 | 44,806 | SH | | SOLE | 1 | 44,806 | 0 | 0 |
Talisman Energy Inc | COM | 87425E103 | 1,421 | 164,325 | SH | | SOLE | 1 | 164,325 | 0 | 0 |
Target Corp | COM | 87612E106 | 2,158 | 34,422 | SH | | SOLE | 1 | 34,422 | 0 | 0 |
Technology Select Sector SPDR | Select Sector SPDR TR Technology | 81369Y803 | 53,139 | 1,331,467 | SH | | SOLE | 1 | 1,331,467 | 0 | 0 |
Travelers Cos Inc | COM | 89417E109 | 2,919 | 31,068 | SH | | SOLE | 1 | 31,068 | 0 | 0 |
United Technologies Corp | COM | 913017109 | 3,235 | 30,639 | SH | | SOLE | 1 | 30,639 | 0 | 0 |
US Bancorp | COM NEW | 902973304 | 3,259 | 77,901 | SH | | SOLE | 1 | 77,901 | 0 | 0 |
Utilities Select Sector SPDR | Select Sector SPDR TR SBI INT-Utils | 81369Y886 | 6,957 | 165,278 | SH | | SOLE | 1 | 165,278 | 0 | 0 |
Valero Energy Corp | COM | 91913Y100 | 3,386 | 73,182 | SH | | SOLE | 1 | 73,182 | 0 | 0 |
Vanguard REIT Index Fund | REIT ETF | 922908553 | 75,198 | 1,046,600 | SH | | SOLE | 1 | 1,046,600 | 0 | 0 |
Vanguard REIT Index Fund | VANGUARD INDEX FDS REIT ETF | 922908553 | 3,517 | 48,955 | SH | | SOLE | 2 | 48,955 | 0 | 0 |
Veritiv Corp | COM | 923454102 | 132 | 2,627 | SH | | SOLE | 1 | 2,627 | 0 | 0 |
Verizon Communications Inc | COM | 92343V104 | 3,152 | 63,061 | SH | | SOLE | 1 | 63,061 | 0 | 0 |
Wachovia Capital Trust III | CALL | 92978AAA0 | 969 | 1,000,000 | SH | | SOLE | 1 | 1,000,000 | 0 | 0 |
Walt Disney Co | COM DISNEY | 254687106 | 2,464 | 27,673 | SH | | SOLE | 1 | 27,673 | 0 | 0 |