Itaú Unibanco Holding (ITUB) 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
hours per response:		23.8

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
AMBEV S A	SPONSORED ADR	02319V103	17,470	2,868,578	SH		SOLE		0	0	2,868,578
BANCO BRADESCO S A	SP ADR PFD NEW	059460903	33,529	3,696,724	SH		SOLE		0	0	3,314,336
EMBRAER S A	SP ADR REP 4 COM	29082A107	6,243	361,730	SH		SOLE		0	0	386,830
ENERSIS AMERICAS S A	SPONSORED ADR	29274F104	2,098	441,712	SH		SOLE		0	0	441,712
ISHARES	MSCI JAPAN ETF	464286848	796	63,500	SH		SOLE		0	0	63,500
ISHARES	EM MKTS CURR ETF	464286517	3,427	91,500	SH		SOLE		0	0	91,500
ISHARES TR	MSCI EAFE ETF	464287905	4,630	78,296	SH		SOLE		0	0	78,296
ISHARES TR	RUSSELL 2000 ETF	464287655	11,236	90,456	SH		SOLE		0	0	90,456
PETROLEO BRASILEIRO S A PETRO	SP ADR NON VTG	71654V101	51,415	6,187,169	SH		SOLE		0	0	3,898,735
SPDR INDEX SHS FDS	INTL HLTH ETF	78463X681	3,281	45,500	SH		SOLE		0	0	45,500
SPDR S&P 500 ETF TR	TR UNIT	78462F903	10,716	1,750	SH	Put	SOLE		0	0	1,750
SYNGENTA AG	SPONSORED ADR	87160A100	6,074	13,874	SH		SOLE		0	0	13,874
TELEFONICA BRASIL S A	SPONSORED ADR	87936R106	7,057	487,665	SH		SOLE		0	0	210,643
VALE S A	ADR	91912E105	330	60,000	SH		SOLE		0	0	60,000
VALE S A	ADR RESPTG PFD	91912E204	8,030	1,704,980	SH		SOLE		0	0	1,704,980
WISDOMTREE TR	INDIA ERNGS FD	97717W422	1,023	47,300	SH		SOLE		0	0	47,300
WISDOMTREE TR	EUROPE HEDGED EQ	97717X701	2,961	55,095	SH		SOLE		0	0	55,095
SPDR S&P 500 ETF TR TR	TR UNIT	78462F103	35,026	162,650	SH		SOLE		0	0	162,650
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	350	4,170	SH		SOLE		0	0	4,170
ISHARES TR	CORE S&P SCP ETF	464287804	214	1,730	SH		SOLE		0	0	1,730
COPA HOLDINGS AS	CL A	P31076105	2,251	25,595	SH		SOLE		0	0	25,595
PILGRIMS PRIDE CORP NEW	COM	72147K108	2,188	103,600	SH		SOLE		0	0	103,600
FAIR ISAAC CORP	COM	000957100	6	160	SH		DFND		0	0	160
FEDERATED INVS INC PA	CL B	001547108	17	3,590	SH		DFND		0	0	3,590
FOOT LOCKER INC	COM	00206R102	127	3,120	SH		DFND		0	0	3,120
GREENHILL & CO INC	COM	002535300	14	560	SH		DFND		0	0	560
HIBBETT SPORTS INC	COM	002896207	7	410	SH		DFND		0	0	410
HEWLETT PACKARD ENTERPRISE C	COM	00766T100	7	230	SH		DFND		0	0	230
IROBOT CORP	COM	007903107	5	720	SH		DFND		0	0	720
ITRON INC	COM	007973100	5	100	SH		DFND		0	0	100
JACOBS ENGR GROUP INC DEL	COM	02079K305	24	30	SH		DFND		0	0	30
JOHNSON & JOHNSON	COM	02553E106	9	530	SH		DFND		0	0	530
KORN FERRY INTL	COM NEW	026874784	34	580	SH		DFND		310	0	270
MICHAEL KORS HLDGS LTD	SHS	02913V103	9	470	SH		DFND		0	0	470
LA Z BOY INC	COM	030371108	9	550	SH		DFND		0	0	550
MACYS INC	COM	030506109	6	70	SH		DFND		0	0	70
MANPOWERGROUP INC	COM	03076K108	5	150	SH		DFND		0	0	150
MARRIOTT INTL INC NEW	CL A	031162100	89	531	SH		DFND		71	0	460
MASCO CORP	COM	035290105	6	100	SH		DFND		0	0	100
MOLINA HEALTHCARE INC	COM	037833100	87	773	SH		DFND		113	0	660
NCR CORP NEW	COM	03820C105	7	140	SH		DFND		0	0	140
NATIONAL PRESTO INDS INC	COM	038222105	65	2,170	SH		DFND		0	0	2,170
NEWS CORP NEW	CL A	03937C105	6	340	SH		DFND		0	0	340
PARKER HANNIFIN CORP	COM	042735100	6	90	SH		DFND		0	0	90
POLARIS INDS INC	COM	04351G101	4	630	SH		DFND		0	0	630
PNC FINL SVCS GROUP INC	COM	046224101	9	150	SH		DFND		0	0	150
RALPH LAUREN CORP	CL A	050095108	6	650	SH		DFND		0	0	650
RE MAX HLDGS INC	CL A	053332102	77	100	SH		DFND		0	0	100
ROSS STORES INC	COM	053611109	128	1,650	SH		DFND		0	0	1,650
SCIENCE APPLICATNS INTL CP N	COM	054303102	4	740	SH		DFND		0	0	740
SCICLONE PHARMACEUTICALS INC	COM	05961W105	389	49,950	SH		DFND		0	0	49,950
STANDARD MTR PRODS INC	COM	05968L102	351	9,000	SH		DFND		0	0	9,000
SCRIPPS NETWORKS INTERACT IN	CL A	05990K106	7	380	SH		DFND		0	0	380
SOUTHERN CO	COM	060505104	19	1,242	SH		DFND		1,242	0	0
STRAYER ED INC	COM	067806109	6	150	SH		DFND		0	0	150
SYKES ENTERPRISES INC	COM	07329M100	257	38,768	SH		DFND		0	0	38,768
SYSCO CORP	COM	075896100	63	1,460	SH		DFND		0	0	1,460
TRUEBLUE INC	COM	077454106	6	80	SH		DFND		0	0	80
TERADATA CORP DEL	COM	08160H101	12	480	SH		DFND		0	0	480
TIFFANY & CO NEW	COM	084670702	36	250	SH		DFND		0	0	250
TIMKEN CO	COM	086516101	109	2,850	SH		DFND		0	0	2,850
TYSON FOODS INC	CL A	08915P101	13	970	SH		DFND		0	0	970
TESORO CORP	COM	089302103	9	190	SH		DFND		0	0	190
TORO CO	COM	09062X103	91	290	SH		DFND		40	0	250
TIME WARNER INC NEW	COM	093671105	25	1,100	SH		DFND		0	0	1,100
TEXAS INSTRS INC	COM	097023105	25	191	SH		DFND		191	0	0
UGI CORP NEW	COM	109641100	11	220	SH		DFND		0	0	220
UNIFIRST CORP MASS	COM	118440106	9	370	SH		DFND		0	0	370
UNITED RENTALS INC	COM	126349109	7	160	SH		DFND		0	0	160
US BANCORP DEL	COM NEW	126650100	32	360	SH		DFND		0	0	360
UNITED THERAPEUTICS CORP DEL	COM	12673P105	61	1,850	SH		DFND		0	0	1,850
UNIVERSAL CORP VA	COM	127055101	7	140	SH		DFND		0	0	140
VALERO ENERGY CORP NEW	COM	12709P103	5	100	SH		DFND		0	0	100
WINNEBAGO INDS INC	COM	127190304	10	100	SH		DFND		0	0	100
WESTERN UN CO	COM	128030202	5	140	SH		DFND		0	0	140
APPLE INC	COM	129500104	5	210	SH		DFND		0	0	210
AECOM	COM	131193104	9	740	SH		DFND		0	0	740
AK STL HLDG CORP	COM	139594105	13	230	SH		DFND		0	0	230
ADVANCED MICRO DEVICES INC	COM	14149Y108	33	430	SH		DFND		0	0	430
ATWOOD OCEANICS INC	COM	141665109	12	1,760	SH		DFND		0	0	1,760
AMERICAN VANGUARD CORP	COM	149205106	11	320	SH		DFND		0	0	320
BANC OF CALIFORNIA INC	COM	15126Q109	71	7,529	SH		DFND		7,529	0	0
BEST BUY INC	COM	151290889	162	20,403	SH		DFND		0	0	20,403
FRANKLIN RES INC	COM	153527106	14	530	SH		DFND		0	0	530
CALERES INC	COM	153527205	14	560	SH		DFND		0	0	560
CAL MAINE FOODS INC	COM NEW	156700106	81	2,960	SH		DFND		0	0	2,960
CARDTRONICS PLC	SHS	16115Q308	11	320	SH		DFND		0	0	320
CAREER EDUCATION CORP	COM	168615102	8	670	SH		DFND		0	0	670
CUMMINS INC	COM	168905107	12	150	SH		DFND		0	0	150
CAPELLA EDUCATION COMPANY	COM	172062101	66	880	SH		DFND		0	0	880
CIRRUS LOGIC INC	COM	172755100	5	90	SH		DFND		0	0	90
CENTURYLINK INC	COM	17275R102	92	2,918	SH		DFND		788	0	2,130
DANAHER CORP DEL	COM	191241108	46	622	SH		DFND		0	0	622
NOW INC	COM	194162103	118	1,590	SH		DFND		0	0	1,590
EBAY INC	COM	20030N101	50	760	SH		DFND		200	0	560
AWAY GOLF CO	COM	201723103	7	410	SH		DFND		0	0	410
ENERSYS	COM	203607106	5	100	SH		DFND		0	0	100
APPLIED MATLS INC	COM	212485106	13	440	SH		DFND		0	0	440
AMGEN INC	COM	224399105	8	130	SH		DFND		0	0	130
AMERICAN WOODMARK CORP	COM	226406106	464	260,100	SH		DFND		0	0	260,100
ABERCROMBIE & FITCH CO	CL A	231021106	114	890	SH		DFND		0	0	890
ARROW ELECTRS INC	COM	231561101	7	80	SH		DFND		0	0	80
ASCENA RETAIL GROUP INC	COM	232577205	5	90	SH		DFND		0	0	90
ANIXTER INTL INC	COM	233051853	1,619	62,773	SH		DFND		0	0	62,773
AUTOZONE INC	COM	23331S100	4	530	SH		DFND		0	0	530
BELDEN INC	COM	235851102	94	1,200	SH		DFND		0	0	1,200
BIG 5 SPORTING GOODS CORP	COM	243537107	5	80	SH		DFND		0	0	80
BENCHMARK ELECTRS INC	COM	247361702	128	3,250	SH		DFND		0	0	3,250
CACI INTL INC	CL A	248019101	6	90	SH		DFND		0	0	90
CABOT CORP	COM	251893103	15	670	SH		DFND		0	0	670
MUNITY BK SYS INC	COM	253393102	5	80	SH		DFND		0	0	80
CABOT MICROELECTRONICS CORP	COM	254687106	25	265	SH		DFND		265	0	0
CENTRAL GARDEN & PET CO	CL A NON-VTG	25470F104	88	3,260	SH		DFND		0	0	3,260
CHICOS FAS INC	COM	25470F302	83	3,160	SH		DFND		0	0	3,160
CAST CORP NEW	CL A	25754A201	9	60	SH		DFND		0	0	60
CRANE CO	COM	257559203	7	180	SH		DFND		0	0	180
CISCO SYS INC	COM	258278100	6	90	SH		DFND		0	0	90
CVS HEALTH CORP	COM	260003108	49	670	SH		DFND		0	0	670
DECKERS OUTDOOR CORP	COM	26138E109	59	650	SH		DFND		0	0	650
DHI GROUP INC	COM	26168L205	10	100	SH		DFND		0	0	100
DUN & BRADSTREET CORP DEL NE	COM	262037104	4	80	SH		DFND		0	0	80
DORMAN PRODUCTS INC	COM	26441C204	37	460	SH		DFND		0	0	460
DR PEPPER SNAPPLE GROUP INC	COM	26483E100	191	1,400	SH		DFND		0	0	1,400
DOMINOS PIZZA INC	COM	278265103	5	140	SH		DFND		0	0	140
DUKE ENERGY CORP NEW	COM NEW	278642103	59	1,780	SH		DFND		0	0	1,780
EATON CORP PLC	SHS	29084Q100	11	180	SH		DFND		0	0	180
EXPRESS INC	COM	291011104	53	970	SH		DFND		0	0	970
FTI CONSULTING INC	COM	29244A102	153	157,883	SH		DFND		0	0	157,883
FOSSIL GROUP INC	COM	29251M106	9	340	SH		DFND		0	0	340
GENESCO INC	COM	29275Y102	10	140	SH		DFND		0	0	140
GREIF INC	CL A	29286C107	6	190	SH		DFND		0	0	190
GENERAL MLS INC	COM	29444U700	18	50	SH		DFND		0	0	50
GOODYEAR TIRE & RUBR CO	COM	297602104	4	130	SH		DFND		0	0	130
CHART INDS INC	COM PAR $0.01	302130109	76	1,480	SH		DFND		0	0	1,480
HARMAN INTL INDS INC	COM	30219E103	5	440	SH		DFND		0	0	440
HOME DEPOT INC	COM	302445101	49	1,550	SH		DFND		0	0	1,550
HUNTINGTON INGALLS INDS INC	COM	302941109	5	120	SH		DFND		0	0	120
BLOCK H & R INC	COM	303250104	5	40	SH		DFND		0	0	40
HARRIS CORP DEL	COM	314211103	4	140	SH		DFND		0	0	140
HALYARD HEALTH INC	COM	317923100	10	450	SH		DFND		0	0	450
WORLD FUEL SVCS CORP	COM	33734X135	1,313	54,045	SH		DFND		0	0	54,045
INNOSPEC INC	COM	33737J190	721	19,232	SH		DFND		0	0	19,232
ILLINOIS TOOL WKS INC	COM	344849104	9	130	SH		DFND		0	0	130
JETBLUE AIRWAYS CORP	COM	349853101	4	90	SH		DFND		0	0	90
NORDSTROM INC	COM	34988V106	12	420	SH		DFND		0	0	420
KAMAN CORP	COM	354613101	128	3,590	SH		DFND		0	0	3,590
KBR INC	COM	364760108	65	2,930	SH		DFND		0	0	2,930
L BRANDS INC	COM	370334104	57	890	SH		DFND		0	0	890
SOUTHWEST AIRLS CO	COM	37045V100	135	4,250	SH		DFND		0	0	4,250
MDU RES GROUP INC	COM	371532102	13	240	SH		DFND		0	0	240
MOTOROLA SOLUTIONS INC	COM NEW	371901109	10	550	SH		DFND		0	0	550
MINERALS TECHNOLOGIES INC	COM	372460105	82	820	SH		DFND		0	0	820
MURPHY USA INC	COM	374689107	8	220	SH		DFND		0	0	220
MYR GROUP INC DEL	COM	375558103	17	209	SH		DFND		209	0	0
NAVIGANT CONSULTING INC	COM	37950E200	96	10,100	SH		DFND		0	0	10,100
INSIGHT ENTERPRISES INC	COM	382550101	62	1,910	SH		DFND		0	0	1,910
NEW YORK TIMES CO	CL A	39304D102	7	320	SH		DFND		0	0	320
OFG BANCORP	COM	393657101	11	300	SH		DFND		0	0	300
OSHKOSH CORP	COM	395259104	7	300	SH		DFND		0	0	300
OXFORD INDS INC	COM	397624107	8	160	SH		DFND		0	0	160
PEPSICO INC	COM	399909100	670	217,600	SH		DFND		0	0	217,600
PHILIP MORRIS INTL INC	COM	40412C101	53	700	SH		DFND		0	0	700
ROWAN COMPANIES PLC	SHS CL A	404251100	5	130	SH		DFND		0	0	130
RESOURCES CONNECTION INC	COM	40425J101	7	310	SH		DFND		0	0	310
GIBRALTAR INDS INC	COM	40434L105	106	6,810	SH		DFND		0	0	6,810
RAYONIER ADVANCED MATLS INC	COM	40650V100	6	170	SH		DFND		0	0	170
SANDERSON FARMS INC	COM	413086109	57	670	SH		DFND		0	0	670
SERVISFIRST BANCSHARES INC	COM	413875105	43	470	SH		DFND		0	0	470
SUPERIOR INDS INTL INC	COM	419879101	16	330	SH		DFND		0	0	330
STANLEY BLACK & DECKER INC	COM	42824C109	39	1,710	SH		DFND		0	0	1,710
SCHWEITZER-MAUDUIT INTL INC	COM	428567101	7	170	SH		DFND		0	0	170
AT&T INC	COM	437076102	23	180	SH		DFND		0	0	180
TE CONNECTIVITY LTD	REG SHS	440452100	61	1,600	SH		DFND		0	0	1,600
TERADYNE INC	COM	446413106	5	30	SH		DFND		0	0	30
THOR INDS INC	COM	45168D104	9	80	SH		DFND		0	0	80
TREX CO INC	COM	452308109	80	670	SH		DFND		0	0	670
UNIVERSAL FST PRODS INC	COM	45765U103	14	430	SH		DFND		0	0	430
DOMTAR CORP	COM NEW	45768S105	14	230	SH		DFND		0	0	230
UNITEDHEALTH GROUP INC	COM	458140100	82	2,180	SH		DFND		0	0	2,180
WATERS CORP	COM	458665304	6	330	SH		DFND		0	0	330
WELLCARE HEALTH PLANS INC	COM	45867G101	9	110	SH		DFND		0	0	110
WHIRLPOOL CORP	COM	459200101	51	320	SH		DFND		0	0	320
WORLD ACCEP CORP DEL	COM	462726100	8	190	SH		DFND		0	0	190
WOLVERINE WORLD WIDE INC	COM	464286400	590	17,505	SH		DFND		0	0	17,505
XILINX INC	COM	464286426	1,695	29,500	SH		DFND		0	0	29,500
YUM BRANDS INC	COM	464286608	1,016	29,470	SH		DFND		0	0	29,470
ETHAN ALLEN INTERIORS INC	COM	464286665	748	17,700	SH		DFND		0	0	17,700
EATON VANCE CORP	COM NON VTG	464286707	818	33,870	SH		DFND		0	0	33,870
EXPEDITORS INTL WASH INC	COM	464286749	306	10,000	SH		DFND		0	0	10,000
FORWARD AIR CORP	COM	464286764	2,786	103,860	SH		DFND		0	0	103,860
GREEN DOT CORP	CL A	464286772	1,512	26,013	SH		DFND		0	0	26,013
GENERAL MTRS CO	COM	464286780	185	3,300	SH		DFND		0	0	3,300
ALPHABET INC	CAP STK CL A	464286806	976	37,171	SH		DFND		0	0	37,171
GENUINE PARTS CO	COM	464286822	685	14,126	SH		DFND		0	0	14,126
GARMIN LTD	SHS	464286871	320	14,543	SH		DFND		0	0	14,543
HMS HLDGS CORP	COM	464287184	1,647	43,325	SH		DFND		0	0	43,325
HNI CORP	COM	464287234	2,649	70,732	SH		DFND		0	0	70,732
INTERNATIONAL BUSINESS MACHS	COM	464287242	5,915	48,270	SH		DFND		0	0	48,270
INTERDIGITAL INC	COM	464287390	1,000	35,664	SH		DFND		0	0	35,664
II VI INC	COM	464287465	386	6,522	SH		DFND		0	0	6,522
INTEL CORP	COM	464287598	421	3,984	SH		DFND		0	0	3,984
JACK IN THE BOX INC	COM	464287614	214	2,053	SH		DFND		0	0	2,053
JANUS CAP GROUP INC	COM	464287630	504	4,813	SH		DFND		0	0	4,813
KELLY SVCS INC	CL A	464287689	304	2,371	SH		DFND		0	0	2,371
KOHLS CORP	COM	464287739	204	2,528	SH		DFND		0	0	2,528
LYDALL INC DEL	COM	464287788	2,693	29,925	SH		DFND		0	0	29,925
MANTECH INTL CORP	CL A	464287796	56	1,428	SH		DFND		0	0	1,428
MATTEL INC	COM	464287861	2,440	61,950	SH		DFND		0	0	61,950
MOODYS CORP	COM	464288257	5,275	89,250	SH		DFND		0	0	89,250
MARATHON PETE CORP	COM	464288281	3,115	26,800	SH		DFND		0	0	26,800
MERCK & CO INC	COM	464288513	2,569	29,700	SH		DFND		0	0	29,700
MSC INDL DIRECT INC	CL A	464288679	798	7,228	SH		DFND		0	0	7,228
MATRIX SVC CO	COM	464289842	202	6,085	SH		DFND		0	0	6,085
NASDAQ INC	COM	46429B408	137	3,684	SH		DFND		0	0	3,684
NOBLE CORP PLC	SHS USD	46429B671	252	5,200	SH		DFND		0	0	5,200
ORACLE CORP	COM	46434G103	1,302	28,550	SH		DFND		0	0	28,550
PROCTER & GAMBLE CO	COM	46434V639	1,543	62,256	SH		DFND		0	0	62,256
PIPER JAFFRAY COS	COM	46434V704	24	1,000	SH		DFND		0	0	1,000
CHILDRENS PL INC	COM	46434V738	2,011	48,600	SH		DFND		0	0	48,600
PLEXUS CORP	COM	465741106	5	90	SH		DFND		0	0	90
PAPA JOHNS INTL INC	COM	466367109	4	40	SH		DFND		0	0	40
REGAL BELOIT CORP	COM	469814107	172	3,330	SH		DFND		0	0	3,330
RESMED INC	COM	47102X105	7	470	SH		DFND		0	0	470
RPM INTL INC	COM	477143101	13	750	SH		DFND		0	0	750
RELIANCE STEEL & ALUMINUM CO	COM	478160104	104	880	SH		DFND		0	0	880
SEMTECH CORP	COM	48242W106	7	450	SH		DFND		0	0	450
SYNOPSYS INC	COM	483548103	5	120	SH		DFND		0	0	120
SYNNEX CORP	COM	488152208	11	590	SH		DFND		0	0	590
INTERFACE INC	COM	500255104	89	2,040	SH		DFND		0	0	2,040
TAILORED BRANDS INC	COM	500643200	5	230	SH		DFND		0	0	230
TTM TECHNOLOGIES INC	COM	501242101	12	900	SH		DFND		0	0	900
TUPPERWARE BRANDS CORP	COM	501797104	60	850	SH		DFND		0	0	850
URBAN OUTFITTERS INC	COM	502424104	136	900	SH		DFND		0	0	900
U S PHYSICAL THERAPY INC	COM	505336107	7	270	SH		DFND		0	0	270
VERA BRADLEY INC	COM	550819106	9	170	SH		DFND		0	0	170
VERISIGN INC	COM	552690109	7	280	SH		DFND		0	0	280
VERITIV CORP	COM	553530106	8	110	SH		DFND		0	0	110
VISHAY INTERTECHNOLOGY INC	COM	55405W104	7	220	SH		DFND		0	0	220
VIAD CORP	COM NEW	55616P104	71	1,920	SH		DFND		0	0	1,920
VERIZON MUNICATIONS INC	COM	56418H100	8	110	SH		DFND		0	0	110
WORTHINGTON INDS INC	COM	564563104	7	180	SH		DFND		0	0	180
XEROX CORP	COM	56585A102	56	1,390	SH		DFND		0	0	1,390
AARONS INC PAR $0.50	COM	571903202	57	852	SH		DFND		0	0	852
AMERIS BANCORP	COM	574599106	164	4,780	SH		DFND		0	0	4,780
ADVANCED ENERGY INDS	COM	576853105	6	320	SH		DFND		0	0	320
APPLIED INDL TECHNOLOGIES IN	COM	577081102	49	1,630	SH		DFND		0	0	1,630
AMERICAN PUBLIC EDUCATION IN	COM	58470H101	11	290	SH		DFND		0	0	290
AVON PRODS INC	COM	587200106	6	210	SH		DFND		0	0	210
AVERY DENNISON CORP	COM	58933Y105	31	490	SH		DFND		0	0	490
BED BATH & BEYOND INC	COM	589433101	7	140	SH		DFND		0	0	140
SOTHEBYS	COM	591520200	6	180	SH		DFND		0	0	180
BIOGEN INC	COM	600544100	5	160	SH		DFND		0	0	160
BUCKLE INC	COM	603158106	7	100	SH		DFND		0	0	100
CA INC	COM	60855R100	6	110	SH		DFND		0	0	110
CARDINAL HEALTH INC	COM	609207105	27	606	SH		DFND		606	0	0
MERCIAL METALS CO	COM	615369105	78	720	SH		DFND		0	0	720
CURTISS WRIGHT CORP	COM	615394202	6	100	SH		DFND		0	0	100
CYNOSURE INC	CL A	617446448	21	652	SH		DFND		652	0	0
DISCOVERY COMMUNICATNS NEW	COM SER A	620076307	69	910	SH		DFND		0	0	910
DREW INDS INC	COM NEW	624580106	10	460	SH		DFND		0	0	460
BRINKER INTL INC	COM	626755102	7	100	SH		DFND		0	0	100
ENGILITY HLDGS INC NEW	COM	62886E108	6	200	SH		DFND		0	0	200
EMERSON ELEC CO	COM	631103108	66	980	SH		DFND		0	0	980
ENANTA PHARMACEUTICALS INC	COM	637215104	9	100	SH		DFND		0	0	100
EQUINIX INC	COM PAR $0.001	63935N107	13	650	SH		DFND		0	0	650
ENSCO PLC CLASS A	SHS	64110D104	62	1,730	SH		DFND		0	0	1,730
ABM INDS INC	COM	64111Q104	12	200	SH		DFND		0	0	200
AMERICAN EAGLE OUTFITTERS NE	COM	64126X201	10	360	SH		DFND		0	0	360
AMERICAN INTL GROUP INC	COM NEW	650111107	5	430	SH		DFND		0	0	430
SMITH A O	COM	65249B109	74	5,310	SH		DFND		0	0	5,310
ARCBEST CORP	COM	655663102	4	40	SH		DFND		0	0	40
ASTEC INDS INC	COM	655664100	48	920	SH		DFND		0	0	920
BARNES GROUP INC	COM	67011P100	9	420	SH		DFND		0	0	420
BIG LOTS INC	COM	67066G104	36	520	SH		DFND		0	0	520
BERKSHIRE HATHAWAY INC DEL	CL B NEW	67103X102	4	440	SH		DFND		0	0	440
CATO CORP NEW	CL A	681919106	54	630	SH		DFND		0	0	630
CENTRAL GARDEN & PET CO	COM	68389X105	66	1,687	SH		DFND		507	0	1,180
CINCINNATI FINL CORP	COM	688239201	6	100	SH		DFND		0	0	100
COLGATE PALMOLIVE CO	COM	691497309	4	60	SH		DFND		0	0	60
CSG SYS INTL INC	COM	693475105	14	150	SH		DFND		0	0	150
CONVERGYS CORP	COM	693656100	76	690	SH		DFND		0	0	690
DELTA AIR LINES INC DEL	COM NEW	693718108	65	1,100	SH		DFND		0	0	1,100
QUEST DIAGNOSTICS INC	COM	697660207	803	635,026	SH		DFND		0	0	635,026
DISCOVERY COMMUNICATNS NEW	COM SER C	698813102	6	80	SH		DFND		0	0	80
DICKS SPORTING GOODS INC	COM	701094104	105	840	SH		DFND		0	0	840
DELUXE CORP	COM	713448108	101	930	SH		DFND		0	0	930
DOVER CORP	COM	71654V408	1,108	238,756	SH		DFND		0	0	238,756
DRIL-QUIP INC	COM	718172109	64	660	SH		DFND		0	0	660
DEVRY ED GROUP INC	COM	724078100	13	260	SH		DFND		0	0	260
EMCOR GROUP INC	COM	729132100	5	100	SH		DFND		0	0	100
FINISH LINE INC	CL A	731068102	5	70	SH		DFND		0	0	70
FLIR SYS INC	COM	73278L105	4	40	SH		DFND		0	0	40
ISHARES TR	CHINA LG-CAP ETF	73936T557	103	5,500	SH		DFND		0	0	5,500
GREENBRIER COS INC	COM	741503403	29	20	SH		DFND		20	0	0
GENTEX CORP	COM	74164M108	4	80	SH		DFND		0	0	80
GAP INC DEL	COM	742718109	39	430	SH		DFND		0	0	430
HAWAIIAN HOLDINGS INC	COM	747525103	72	1,050	SH		DFND		0	0	1,050
HCA HOLDINGS INC	COM	74834L100	110	1,300	SH		DFND		0	0	1,300
HP INC	COM	749685103	6	120	SH		DFND		0	0	120
HORMEL FOODS CORP	COM	751212101	149	1,470	SH		DFND		0	0	1,470
IDEXX LABS INC	COM	75508B104	11	840	SH		DFND		0	0	840
KULICKE & SOFFA INDS INC	COM	755111507	105	770	SH		DFND		0	0	770
L-3 MUNICATIONS HLDGS INC	COM	75524W108	8	190	SH		DFND		0	0	190
MEREDITH CORP	COM	758750103	5	90	SH		DFND		0	0	90
MEDIFAST INC	COM	759509102	9	120	SH		DFND		0	0	120
METHODE ELECTRS INC	COM	76009N100	8	650	SH		DFND		0	0	650
MENTOR GRAPHICS CORP	COM	761152107	5	80	SH		DFND		0	0	80
MILLER HERMAN INC	COM	76122Q105	5	350	SH		DFND		0	0	350
MALLINCKRODT PUB LTD CO	SHS	761624105	8	90	SH		DFND		0	0	90
MOOG INC	CL A	778296103	41	640	SH		DFND		0	0	640
MOVADO GROUP INC	COM	781270103	10	560	SH		DFND		0	0	560
NORDSON CORP	COM	78462F103	5,454	25,215	SH		DFND		0	0	25,215
NEUSTAR INC	CL A	78463X301	2,713	32,919	SH		DFND		0	0	32,919
NETAPP INC	COM	78463X608	489	18,685	SH		DFND		0	0	18,685
NETGEAR INC	COM	78464A417	47	1,300	SH		DFND		0	0	1,300
NVIDIA CORP	COM	78464A607	202	2,077	SH		DFND		0	0	2,077
OMNI GROUP INC	COM	800013104	9	90	SH		DFND		0	0	90
PACCAR INC	COM	801056102	5	180	SH		DFND		0	0	180
POOL CORPORATION	COM	808541106	6	160	SH		DFND		0	0	160
PRIMERICA INC	COM	808625107	6	90	SH		DFND		0	0	90
PVH CORP	COM	80862K104	11	1,040	SH		DFND		0	0	1,040
QUALM INC	COM	811065101	56	880	SH		DFND		0	0	880
RENT A CTR INC NEW	COM	81369Y100	720	15,080	SH		DFND		0	0	15,080
REX AMERICAN RESOURCES CORP	COM	81369Y209	3,636	50,420	SH		DFND		0	0	50,420
RUDOLPH TECHNOLOGIES INC	COM	81369Y308	2,447	45,980	SH		DFND		0	0	45,980
RAYTHEON CO	COM NEW	81369Y407	7,116	88,901	SH		DFND		0	0	88,901
SANMINA CORPORATION	COM	81369Y506	3,716	52,627	SH		DFND		0	0	52,627
STEPAN CO	COM	81369Y605	3,169	164,200	SH		DFND		0	0	164,200
SUPER MICRO PUTER INC	COM	81369Y704	2,412	41,310	SH		DFND		0	0	41,310
SIMON PPTY GROUP INC NEW	COM	81369Y803	6,480	135,612	SH		DFND		0	0	135,612
SPARTANNASH CO	COM	81369Y860	746	22,774	SH		DFND		0	0	22,774
STEWART INFORMATION SVCS COR	COM	81369Y886	1,577	32,188	SH		DFND		0	0	32,188
SYNCHRONY FINL	COM	816850101	4	160	SH		DFND		0	0	160
UNITED CONTL HLDGS INC	COM	81768T108	5	90	SH		DFND		0	0	90
UNITED NAT FOODS INC	COM	828806109	33	160	SH		DFND		0	0	160
WAL-MART STORES INC	COM	831865209	5	50	SH		DFND		0	0	50
ZUMIEZ INC	COM	835898107	4	110	SH		DFND		0	0	110
PETROBRAS BRASIL ON	SPONSORED ADR	842587107	37	720	SH		DFND		0	0	720
PAMPA HOLDING S.A.	SPONSORED ADR	844741108	56	1,450	SH		DFND		0	0	1,450
GALICIA HOLDING	SPONSORED ADR	847215100	8	280	SH		DFND		0	0	280
CRESUD S. A.	SPONSORED ADR	853666105	6	130	SH		DFND		0	0	130
BANCO MACRO BANSUD S.A.	SPONSORED ADR	854502101	132	1,070	SH		DFND		0	0	1,070
YPF S.A.	SPONSORED ADR	858586100	8	110	SH		DFND		0	0	110
BANCO FRANCES S. A.	SPONSORED ADR	860372101	10	230	SH		DFND		0	0	230
TENARIS	SPONSORED ADR	863236105	5	100	SH		DFND		0	0	100
EDENOR	SPONSORED ADR	86800U104	8	350	SH		DFND		0	0	350
TELECOM S. A.	SPONSORED ADR	868168105	5	180	SH		DFND		0	0	180
SELECT SECTOR SPDR TR	SBI CONS DISCR	871237103	7	260	SH		DFND		0	0	260
SELECT SECTOR SPDR TR	TECHNOLOGY	871607107	6	100	SH		DFND		0	0	100
ISHARES TR	IBOXX INV CP ETF	87162W100	11	100	SH		DFND		0	0	100
VANGUARD WORLD FDS	INF TECH ETF	87165B103	78	2,790	SH		DFND		0	0	2,790
SPDR S&P 500 ETF TR	TR UNIT	871829107	28	580	SH		DFND		0	0	580
ISHARES TR	MSCI ACWI ETF	87305R109	11	920	SH		DFND		0	0	920
VANGUARD WORLD FDS	HEALTH CAR ETF	87403A107	7	460	SH		DFND		0	0	460
SELECT SECTOR SPDR TR	SBI INT-ENERGY	879273209	75	20,500	SH		DFND		0	0	20,500
SELECT SECTOR SPDR TR	SBI HEALTHCARE	88031M109	183	12,950	SH		DFND		0	0	12,950
VANGUARD INDEX FDS	S&P 500 ETF SHS	88076W103	82	2,630	SH		DFND		0	0	2,630
SELECT SECTOR SPDR TR	SBI INT-FINL	880770102	6	260	SH		DFND		0	0	260
ISHARES TR	JP MOR EM MK ETF	881609101	77	970	SH		DFND		0	0	970
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	882508104	65	920	SH		DFND		0	0	920
ISHARES	MSCI SPAN CP ETF	885160101	12	140	SH		DFND		0	0	140
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	886547108	33	460	SH		DFND		0	0	460
SPDR INDEX SHS FDS	ASIA PACIF ETF	887317303	88	1,110	SH		DFND		0	0	1,110
ISHARES TR	U.S. FINLS ETF	887389104	8	240	SH		DFND		0	0	240
ISHARES TR	MSCI EMG MKT ETF	891092108	7	140	SH		DFND		0	0	140
ISHARES TR	IBOXX HI YD ETF	89531P105	6	100	SH		DFND		0	0	100
SELECT SECTOR SPDR TR	SBI CONS STPLS	89785X101	14	610	SH		DFND		0	0	610
ISHARES TR	EUROPE ETF	899896104	9	130	SH		DFND		0	0	130
SELECT SECTOR SPDR TR	SBI INT-INDS	902104108	5	190	SH		DFND		0	0	190
WISDOMTREE TR	JAPN HEDGE EQT	902494103	140	1,880	SH		DFND		0	0	1,880
ISHARES TR	CORE MSCI EURO	902681105	5	100	SH		DFND		0	0	100
VANGUARD WORLD FDS	INDUSTRIAL ETF	902973304	27	640	SH		DFND		0	0	640
ISHARES	MSCI EM ASIA ETF	90337L108	6	90	SH		DFND		0	0	90
DBX ETF TR	DB XTR MSCI EUR	904708104	7	50	SH		DFND		0	0	50
SELECT SECTOR SPDR TR	SBI INT-UTILS	910047109	113	2,150	SH		DFND		0	0	2,150
ISHARES TR	CHINA LG-CAP ETF	911163103	12	290	SH		DFND		0	0	290
ISHARES TR	CUR HD EURZN ETF	911363109	76	970	SH		DFND		0	0	970
ISHARES	MSCI STH KOR ETF	91307C102	9	80	SH		DFND		0	0	80
VANECK VECTORS ETF TR	RUSSIA ETF	91324P102	111	790	SH		DFND		0	0	790
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	913456109	14	240	SH		DFND		0	0	240
FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX	913543104	10	100	SH		DFND		0	0	100
ISHARES INC	CORE MSCI EMKT	917047102	77	2,230	SH		DFND		0	0	2,230
VANGUARD WORLD FDS	CONSUM STP ETF	91913Y100	125	2,350	SH		DFND		0	0	2,350
ISHARES	MSCI EURZONE ETF	92189F403	1,491	79,500	SH		DFND		0	0	79,500
ISHARES TR	LATN AMER 40 ETF	922042742	2,830	46,500	SH		DFND		0	0	46,500
ISHARES	MSCI GERMANY ETF	922042858	1,441	38,300	SH		DFND		0	0	38,300
ISHARES	MSCI FRANCE ETF	922042866	54	899	SH		DFND		0	0	899
ISHARES TR	SHRT TRS BD ETF	922042874	2,773	56,897	SH		DFND		0	0	56,897
ISHARES	MSCI PAC JP ETF	92204A207	1,070	7,815	SH		DFND		0	0	7,815
SELECT SECTOR SPDR TR	RL EST SEL SEC	92204A504	4,231	31,839	SH		DFND		0	0	31,839
FIRST TR EXCH TRD ALPHA FD I	GERMANY ALPHA	92204A603	1,845	16,637	SH		DFND		0	0	16,637
SELECT SECTOR SPDR TR	SBI MATERIALS	92204A702	5,542	46,038	SH		DFND		0	0	46,038
ISHARES	MSCI MEX CAP ETF	922908363	3,438	17,304	SH		DFND		0	0	17,304
ISHARES	MSCI BRZ CAP ETF	922908736	213	1,895	SH		DFND		0	0	1,895
WISDOMTREE TR	EUROPE HEDGED EQ	922908751	500	4,092	SH		DFND		0	0	4,092
ISHARES TR	RUS 2000 VAL ETF	92335C106	14	900	SH		DFND		0	0	900
VANGUARD INDEX FDS	SMALL CP ETF	92343E102	71	910	SH		DFND		0	0	910
SPDR INDEX SHS FDS	EUROPE ETF	92343V104	37	710	SH		DFND		0	0	710
ISHARES TR	RUS 1000 VAL ETF	923454102	13	260	SH		DFND		0	0	260
WISDOMTREE TR	DIV EX-FINL FD	92552R406	6	150	SH		DFND		0	0	150
ISHARES TR	MSCI EAFE ETF	928298108	9	660	SH		DFND		0	0	660
WISDOMTREE TR	INTL EQUITY FD	931142103	104	1,440	SH		DFND		0	0	1,440
BANCOLOMBIA S A	SPON ADR PREF	941848103	54	340	SH		DFND		0	0	340
ISHARES	MSCI HONG KG ETF	94946T106	12	100	SH		DFND		0	0	100
ISHARES	MSCI SZ CAP ETF	959802109	115	5,530	SH		DFND		0	0	5,530
ISHARES TR	RUSSELL 3000 ETF	963320106	55	340	SH		DFND		0	0	340
WISDOMTREE TR	EMER MKT HIGH FD	974637100	10	410	SH		DFND		0	0	410
WISDOMTREE TR	INDIA ERNGS FD	97717W315	278	7,398	SH		DFND		0	0	7,398
ISHARES TR	CHINA ETF	97717W406	421	5,363	SH		DFND		0	0	5,363
ISHARES TR	RUS 1000 GRW ETF	97717W422	270	12,500	SH		DFND		0	0	12,500
VANGUARD INDEX FDS	GROWTH ETF	97717W703	383	8,140	SH		DFND		0	0	8,140
ISHARES TR	U.S. REAL ES ETF	97717W851	2,065	48,129	SH		DFND		0	0	48,129
SPDR SERIES TRUST	DJ REIT ETF	97717X701	572	10,646	SH		DFND		0	0	10,646
ISHARES	ALL PERU CAP ETF	978097103	6	260	SH		DFND		0	0	260
ISHARES	MSCI STH AFR ETF	981419104	9	190	SH		DFND		0	0	190
CEMEX SAB DE CV	SPON ADR NEW	981475106	8	170	SH		DFND		0	0	170
ISHARES TR	MSCI PHILIPS ETF	981811102	12	260	SH		DFND		0	0	260
POWERSHARES ETF TR II	FDM HG YLD RAFI	983919101	40	730	SH		DFND		0	0	730
GLOBAL X FDS	GLBX MSCI COLUM	984121103	91	8,980	SH		DFND		0	0	8,980
CEMENTOS PACASMAYO S A A	SPON ADR REP 5	984245100	356	19,570	SH		DFND		0	0	19,570
ISHARES TR	U.S. ENERGY ETF	988498101	51	560	SH		DFND		0	0	560
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	989817101	7	370	SH		DFND		0	0	370
SPDR SERIES TRUST	BRC HGH YLD BD	G1991C105	4	100	SH		DFND		0	0	100
COCA COLA FEMSA S A B DE C V	SPON ADR REP L	G29183103	128	1,950	SH		DFND		0	0	1,950
PRICELINE GRP INC	COM NEW	G3157S106	73	8,610	SH		DFND		0	0	8,610
MONDELEZ INTL INC	CL A	G5785G107	94	1,340	SH		DFND		0	0	1,340
BOEING CO	COM	G60754101	125	2,670	SH		DFND		0	0	2,670
CISCO SYS INC	COM	G65431101	5	720	SH		DFND		0	0	720
DISNEY WALT CO	COM DISNEY	G7665A101	6	410	SH		DFND		0	0	410
ISHARES TR	HDG MSCI GERMN	H2906T109	98	2,040	SH		DFND		0	0	2,040
MORGAN STANLEY	COM NEW	H84989104	69	1,070	SH		DFND		0	0	1,070
AMBEV SA	SPONSORED ADR	02319V103	11,308	1,856,772	SH		DFND	1	1,712,375	0	144,397
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	7,816	683,247	SH		DFND	1	472,812	0	210,435
BANCO BRADESCO S A	SP ADR PFD NEW	059460303	29,573	3,260,562	SH		DFND	1	2,146,122	0	1,114,440
BANCOLOMBIA S A	SPON ADR PREF	05968L102	4,535	116,158	SH		DFND	1	80,858	0	35,300
BRF SA	SPONSORED ADR	10552T107	15,557	911,883	SH		DFND	1	645,700	0	266,183
CEMEX SAB DE CV	SPON ADR NEW	151290889	11,269	1,419,270	SH		DFND	1	1,058,136	0	361,134
CENCOSUD S A	SPONSORED ADS	15132H101	1,006	111,663	SH		DFND	1	77,781	0	33,882
COMPANHIA DE SANEAMENTO BASI	SPONSORED ADR	20441A102	3,983	430,118	SH		DFND	1	300,600	0	129,518
COMPANHIA ENERGETICA DE MINA	SP ADR N-V PFD	204409601	2,102	811,741	SH		DFND	1	516,000	0	295,741
COMPANHIA PARANAENSE ENERG C	SPON ADR PFD	20441B407	3,940	379,899	SH		DFND	1	259,500	0	120,399
COMPANIA DE MINAS BUENAVENTU	SPONSORED ADR	204448104	45	3,261	SH		DFND	1	3,261	0	0
EMPRESA NACIONAL DE ELCTRCID	SPONSORED ADR	29244T101	2,447	123,329	SH		DFND	1	83,709	0	39,620
ENERSIS AMERICAS SA	SPONSORED ADR	29274F104	5,378	656,705	SH		DFND	1	457,724	0	198,981
FOMENTO ECONOMICO MEXICANO S	SPON ADR UNITS	344419106	25,162	273,379	SH		DFND	1	190,337	0	83,042
GERDAU S A	SPON ADR REP PFD	373737105	3,438	1,263,916	SH		DFND	1	867,600	0	396,316
GRANA Y MONTERO S A A	SPONSORED ADR	38500P208	181	21,730	SH		DFND	1	21,730	0	0
GRUPO FINANCIERO SANTANDER M	SPON ADR SHS B	40053C105	16	1,792	SH		DFND	1	1,792	0	0
GRUPO TELEVISA SA	SPON ADR REP ORD	40049J206	142	5,517	SH		DFND	1	5,517	0	0
ISHARES	MIN VOL EMRG MKT	464286533	2,417	44,714	SH		DFND	1	44,714	0	0
ISHARES	MSCI JAPAN ETF	464286848	19,891	1,586,187	SH		DFND	1	1,586,187	0	0
ISHARES TR	1-3 YR CR BD ETF	464288646	5,751	54,374	SH		DFND	1	0	0	54,374
ISHARES TR	20 YR TR BD ETF	464287432	23,072	167,787	SH		DFND	1	167,787	0	0
ISHARES TR	7-10 Y TR BD ETF	464287440	76,210	681,173	SH		DFND	1	681,173	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	14,268	115,829	SH		DFND	1	115,829	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	38,542	3,523,052	SH		DFND	1	2,382,139	0	1,140,913
LATAM AIRLS GROUP S A	SPONSORED ADR	51817R106	42	5,190	SH		DFND	1	5,190	0	0
PETROLEO BRASILEIRO SA PETRO	SP ADR NON VTG	71654V101	12,988	1,562,952	SH		DFND	1	1,112,300	0	450,652
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	16,364	1,753,887	SH		DFND	1	1,179,200	0	574,687
SOCIEDAD QUIMICA MINERA DE C	SPON ADR SER B	833635105	2,556	95,026	SH		DFND	1	65,682	0	29,344
SPDR S&P 500 ETF TR	TR UNIT	78462F103	87,062	402,505	SH		DFND	1	402,505	0	0
TELEFONICA BRASIL SA	SPONSORED ADR	87936R106	8,670	599,205	SH		DFND	1	377,300	0	221,905
VALE S A	ADR	91912E105	5,733	1,042,333	SH		DFND	1	735,200	0	307,133
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	41,259	846,683	SH		DFND	1	846,683	0	0
YPF SOCIEDAD ANONIMA	SPON ADR CL D	984245100	3,339	183,247	SH		DFND	1	128,647	0	54,600
COSAN LTD	SHS A	G25343107	3,078	430,511	SH		DFND	1	295,600	0	134,911
CREDICORP LTD	COM	G2519Y108	15,857	104,172	SH		DFND	1	71,544	0	32,628
ISHARES TR	INTL TREA BD ETF	464288117	29,790	296,686	SH		DFND	1	296,686	0	0
GPO AEROPORTUARIO DEL PAC SA	SPON ADR B	400506101	3,410	35,909	SH		DFND	1	25,253	0	10,656