Timber Hill 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
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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
3M CO	COM	88579Y101	4,940	22,502	SH		SOLE	N/A	0	0	4,940
ABBOTT LABORATORIES	COM	002824100	5,810	96,956	SH		SOLE	N/A	0	0	5,810
ABBVIE INC	COM	00287Y109	1,063	11,232	SH		SOLE	N/A	0	0	1,063
ACTIVISION BLIZZARD INC	COM	00507V109	236	3,500	SH		SOLE	N/A	0	0	236
AEGON N.V.-NY REG SHR	COM	007924103	91	13,509	SH		SOLE	N/A	0	0	91
AETNA INC	COM	00817Y108	327	1,933	SH		SOLE	N/A	0	0	327
AFLAC INC	COM	001055102	263	6,006	SH		SOLE	N/A	0	0	263
AGILENT TECHNOLOGIES INC	COM	00846U101	1,071	16,006	SH		SOLE	N/A	0	0	1,071
AGNC INVESTMENT CORP	COM	00123Q104	635	33,544	SH		SOLE	N/A	0	0	635
AIR PRODUCTS CHEMICALS INC	COM	009158106	1,906	11,984	SH		SOLE	N/A	0	0	1,906
ALEXION PHARMACEUTICALS INC	COM	015351109	329	2,953	SH		SOLE	N/A	0	0	329
ALIBABA GROUP HOLDING-SP ADR	COM	01609W102	465	2,536	SH		SOLE	N/A	0	0	465
ALLSTATE CORP	COM	020002101	215	2,269	SH		SOLE	N/A	0	0	215
ALPHABET INC-CL A	COM	02079K305	1,831	1,765	SH		SOLE	N/A	0	0	1,831
ALPHABET INC-CL C	COM	02079K107	9,716	9,417	SH		SOLE	N/A	0	0	9,716
ALTRIA GROUP INC	COM	02209S103	1,659	26,613	SH		SOLE	N/A	0	0	1,659
AMAZON.COM INC	COM	023135106	1,161	802	SH		SOLE	N/A	0	0	1,161
AMERICA MOVIL-SPN ADR CL L	COM	02364W105	484	25,330	SH		SOLE	N/A	0	0	484
AMERICAN ELECTRIC POWER	COM	025537101	2,861	41,705	SH		SOLE	N/A	0	0	2,861
AMERICAN EXPRESS CO	COM	025816109	2,833	30,370	SH		SOLE	N/A	0	0	2,833
AMERISERV FINANCIAL INC	COM	03074A102	231	57,805	SH		SOLE	N/A	0	0	231
AMGEN INC	COM	031162100	1,212	7,109	SH		SOLE	N/A	0	0	1,212
AMPHENOL CORP-CL A	COM	032095101	733	8,510	SH		SOLE	N/A	0	0	733
ANADARKO PETROLEUM CORP	COM	032511107	650	10,762	SH		SOLE	N/A	0	0	650
ANTHEM INC	COM	036752103	900	4,096	SH		SOLE	N/A	0	0	900
AON PLC	COM	G0408V102	234	1,668	SH		SOLE	N/A	0	0	234
APACHE CORP	COM	037411105	445	11,576	SH		SOLE	N/A	0	0	445
APOLLO INVESTMENT CORP	COM	03761U106	187	35,811	SH		SOLE	N/A	0	0	187
APPLE INC	COM	037833100	611	3,639	SH		SOLE	N/A	0	0	611
APPLIED MATERIALS INC	COM	038222105	276	4,972	SH		SOLE	N/A	0	0	276
ARROW ELECTRONICS INC	COM	042735100	560	7,267	SH		SOLE	N/A	0	0	560
AVON PRODUCTS INC	COM	054303102	118	41,583	SH		SOLE	N/A	0	0	118
BAKER HUGHES A GE CO	COM	05722G100	454	16,338	SH		SOLE	N/A	0	0	454
BANCO BILBAO VIZCAYA-SP ADR	COM	05946K101	217	27,405	SH		SOLE	N/A	0	0	217
BANK OF AMERICA CORP	COM	060505104	4,908	163,644	SH		SOLE	N/A	0	0	4,908
BANK OF HAWAII CORP	COM	062540109	419	5,044	SH		SOLE	N/A	0	0	419
BANK OF MONTREAL	COM	063671101	357	4,723	SH		SOLE	N/A	0	0	357
BANK OF NEW YORK MELLON CORP	COM	064058100	2,496	48,430	SH		SOLE	N/A	0	0	2,496
BANK OF NOVA SCOTIA	COM	064149107	672	10,885	SH		SOLE	N/A	0	0	672
BANKUNITED INC	COM	06652K103	203	5,090	SH		SOLE	N/A	0	0	203
BARRICK GOLD CORP	COM	067901108	256	20,580	SH		SOLE	N/A	0	0	256
BAXTER INTERNATIONAL INC.	COM	071813109	236	3,627	SH		SOLE	N/A	0	0	236
BAYTEX ENERGY CORP	COM	07317Q105	92	33,644	SH		SOLE	N/A	0	0	92
BBT CORPORATION	COM	054937107	2,794	53,692	SH		SOLE	N/A	0	0	2,794
BERKSHIRE HATHAWAY INC-CL B	COM	084670702	3,417	17,128	SH		SOLE	N/A	0	0	3,417
BIO-TECHNE CORP	COM	09073M104	260	1,720	SH		SOLE	N/A	0	0	260
BIOGEN INC	COM	09062X103	1,344	4,910	SH		SOLE	N/A	0	0	1,344
BLACKROCK INC	COM	09247X101	922	1,702	SH		SOLE	N/A	0	0	922
BOEING CO/THE	COM	097023105	500	1,525	SH		SOLE	N/A	0	0	500
BOSTON SCIENTIFIC CORP	COM	101137107	324	11,862	SH		SOLE	N/A	0	0	324
BRISTOL-MYERS SQUIBB CO	COM	110122108	2,769	43,777	SH		SOLE	N/A	0	0	2,769
C.H. ROBINSON WORLDWIDE INC	COM	12541W209	1,303	13,900	SH		SOLE	N/A	0	0	1,303
CA INC	COM	12673P105	531	15,678	SH		SOLE	N/A	0	0	531
CABOT OIL GAS CORP	COM	127097103	343	14,314	SH		SOLE	N/A	0	0	343
CAMECO CORP	COM	13321L108	100	11,012	SH		SOLE	N/A	0	0	100
CANADIAN NATURAL RESOURCES	COM	136385101	508	16,149	SH		SOLE	N/A	0	0	508
CANADIAN PACIFIC RAILWAY LTD	COM	13645T100	745	4,219	SH		SOLE	N/A	0	0	745
CATERPILLAR INC	COM	149123101	2,855	19,375	SH		SOLE	N/A	0	0	2,855
CELGENE CORP	COM	151020104	2,453	27,492	SH		SOLE	N/A	0	0	2,453
CENOVUS ENERGY INC	COM	15135U109	275	32,216	SH		SOLE	N/A	0	0	275
CHESAPEAKE ENERGY CORP	COM	165167107	49	16,178	SH		SOLE	N/A	0	0	49
CHEVRON CORP	COM	166764100	7,685	67,391	SH		SOLE	N/A	0	0	7,685
CHUBB LTD	COM	H1467J104	565	4,131	SH		SOLE	N/A	0	0	565
CIGNA CORP	COM	125509109	1,065	6,352	SH		SOLE	N/A	0	0	1,065
CISCO SYSTEMS INC	COM	17275R102	4,672	108,940	SH		SOLE	N/A	0	0	4,672
CITIGROUP INC	COM	172967424	2,599	38,497	SH		SOLE	N/A	0	0	2,599
CITIZENS FINANCIAL GROUP	COM	174610105	560	13,334	SH		SOLE	N/A	0	0	560
CME GROUP INC	COM	12572Q105	3,162	19,550	SH		SOLE	N/A	0	0	3,162
COCA-COLA CO/THE	COM	191216100	1,450	33,393	SH		SOLE	N/A	0	0	1,450
COGNIZANT TECH SOLUTIONS-A	COM	192446102	1,319	16,379	SH		SOLE	N/A	0	0	1,319
COLONY NORTHSTAR INC-CLASS A	COM	19625W104	61	10,909	SH		SOLE	N/A	0	0	61
COMERICA INC	COM	200340107	335	3,495	SH		SOLE	N/A	0	0	335
COMMERCE BANCSHARES INC	COM	200525103	211	3,518	SH		SOLE	N/A	0	0	211
CONOCOPHILLIPS	COM	20825C104	4,123	69,547	SH		SOLE	N/A	0	0	4,123
COSTCO WHOLESALE CORP	COM	22160K105	1,366	7,247	SH		SOLE	N/A	0	0	1,366
CSX CORP	COM	126408103	2,337	41,950	SH		SOLE	N/A	0	0	2,337
CULLEN/FROST BANKERS INC	COM	229899109	419	3,954	SH		SOLE	N/A	0	0	419
CURRENCYSHARES AUSTRALIAN DO	COM	23129U101	4,765	61,978	SH		SOLE	N/A	0	0	4,765
CURRENCYSHARES SWISS FRANC	COM	23129V109	1,582	16,081	SH		SOLE	N/A	0	0	1,582
DANAHER CORP	COM	235851102	226	2,307	SH		SOLE	N/A	0	0	226
DEERE CO	COM	244199105	1,954	12,579	SH		SOLE	N/A	0	0	1,954
DELTA AIR LINES INC.	COM	247361702	461	8,408	SH		SOLE	N/A	0	0	461
DEVON ENERGY CORP	COM	25179M103	445	14,009	SH		SOLE	N/A	0	0	445
DIREXION DLY ENERGY BEAR 3X	COM	25460E554	5,119	101,094	SH		SOLE	N/A	0	0	5,119
DOVER MOTORSPORTS INC	COM	260174107	43	20,288	SH		SOLE	N/A	0	0	43
DOWDUPONT INC	COM	26078J100	593	9,305	SH		SOLE	N/A	0	0	593
EAST WEST BANCORP INC	COM	27579R104	207	3,310	SH		SOLE	N/A	0	0	207
EASTERN CO/THE	COM	276317104	209	7,330	SH		SOLE	N/A	0	0	209
EASTMAN CHEMICAL CO	COM	277432100	1,676	15,871	SH		SOLE	N/A	0	0	1,676
ELI LILLY CO	COM	532457108	258	3,333	SH		SOLE	N/A	0	0	258
ENBRIDGE INC	COM	29250N105	658	20,907	SH		SOLE	N/A	0	0	658
ENCANA CORP	COM	292505104	381	34,662	SH		SOLE	N/A	0	0	381
ENERGY SELECT SECTOR SPDR	COM	81369Y506	13,514	200,475	SH		SOLE	N/A	0	0	13,514
EOG RESOURCES INC	COM	26875P101	3,783	35,934	SH		SOLE	N/A	0	0	3,783
EXELON CORP	COM	30161N101	345	8,856	SH		SOLE	N/A	0	0	345
EXPRESS SCRIPTS HOLDING CO	COM	30219G108	2,274	32,915	SH		SOLE	N/A	0	0	2,274
EXXON MOBIL CORP	COM	30231G102	8,899	119,279	SH		SOLE	N/A	0	0	8,899
FACEBOOK INC-A	COM	30303M102	1,278	7,999	SH		SOLE	N/A	0	0	1,278
FEDEX CORPORATION	COM	31428X106	2,813	11,716	SH		SOLE	N/A	0	0	2,813
FIDELITY NATIONAL INFO SERV	COM	31620M106	1,223	12,699	SH		SOLE	N/A	0	0	1,223
FIFTH THIRD BANCORP	COM	316773100	444	13,977	SH		SOLE	N/A	0	0	444
FINANCIAL SELECT SECTOR SPDR	COM	81369Y605	23,472	851,366	SH		SOLE	N/A	0	0	23,472
FIRST ACCEPTANCE CORP	COM	318457108	15	17,329	SH		SOLE	N/A	0	0	15
FIRST HORIZON NATIONAL CORP	COM	320517105	192	10,223	SH		SOLE	N/A	0	0	192
FIRST TRUST MULTI CAP VALUE	COM	33733C108	667	12,204	SH		SOLE	N/A	0	0	667
FIRST TRUST NASDAQ-100 EX-TE	COM	33733E401	327	6,759	SH		SOLE	N/A	0	0	327
FIRST TRUST NASDQ 100 EQ WEI	COM	337344105	262	4,447	SH		SOLE	N/A	0	0	262
FIRST TRUST VALUE LINE DVD	COM	33734H106	275	9,207	SH		SOLE	N/A	0	0	275
FIRST US BANCSHARES INC	COM	33744V103	146	12,781	SH		SOLE	N/A	0	0	146
FIRSTENERGY CORP	COM	337932107	387	11,381	SH		SOLE	N/A	0	0	387
FORD MOTOR CO	COM	345370860	506	45,692	SH		SOLE	N/A	0	0	506
FORTIS INC	COM	349553107	761	22,529	SH		SOLE	N/A	0	0	761
GENERAL ELECTRIC CO	COM	369604103	497	36,836	SH		SOLE	N/A	0	0	497
GILEAD SCIENCES INC	COM	375558103	3,384	44,893	SH		SOLE	N/A	0	0	3,384
GOLD FIELDS LTD-SPONS ADR	COM	38059T106	55	13,770	SH		SOLE	N/A	0	0	55
GOLDCORP INC	COM	380956409	257	18,564	SH		SOLE	N/A	0	0	257
GOLDMAN SACHS GROUP INC	COM	38141G104	3,545	14,075	SH		SOLE	N/A	0	0	3,545
GOODYEAR TIRE RUBBER CO	COM	382550101	524	19,715	SH		SOLE	N/A	0	0	524
GRAN TIERRA ENERGY INC	COM	38500T101	219	78,383	SH		SOLE	N/A	0	0	219
GUGGENHEIM SP 500 EQUAL WEI	COM	78355W106	464	4,667	SH		SOLE	N/A	0	0	464
HALLIBURTON CO	COM	406216101	858	18,285	SH		SOLE	N/A	0	0	858
HEALTH CARE SELECT SECTOR	COM	81369Y209	14,001	171,997	SH		SOLE	N/A	0	0	14,001
HECLA MINING CO	COM	422704106	159	43,445	SH		SOLE	N/A	0	0	159
HELMERICH PAYNE	COM	423452101	353	5,298	SH		SOLE	N/A	0	0	353
HESS CORP	COM	42809H107	361	7,128	SH		SOLE	N/A	0	0	361
HOME DEPOT INC	COM	437076102	1,432	8,035	SH		SOLE	N/A	0	0	1,432
HONEYWELL INTERNATIONAL INC	COM	438516106	3,164	21,897	SH		SOLE	N/A	0	0	3,164
HOPFED BANCORP INC	COM	439734104	246	16,933	SH		SOLE	N/A	0	0	246
ICICI BANK LTD-SPON ADR	COM	45104G104	121	13,724	SH		SOLE	N/A	0	0	121
ILLINOIS TOOL WORKS	COM	452308109	1,862	11,887	SH		SOLE	N/A	0	0	1,862
ILLUMINA INC	COM	452327109	526	2,224	SH		SOLE	N/A	0	0	526
INCYTE CORP	COM	45337C102	266	3,190	SH		SOLE	N/A	0	0	266
INDUSTRIAL SELECT SECT SPDR	COM	81369Y704	36,821	495,642	SH		SOLE	N/A	0	0	36,821
INTEL CORP	COM	458140100	1,761	33,813	SH		SOLE	N/A	0	0	1,761
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	212	2,929	SH		SOLE	N/A	0	0	212
INTL BUSINESS MACHINES CORP	COM	459200101	2,842	18,522	SH		SOLE	N/A	0	0	2,842
INTUIT INC	COM	461202103	1,752	10,105	SH		SOLE	N/A	0	0	1,752
ISHARES DOW JONES U.S. ETF	COM	464287846	446	3,373	SH		SOLE	N/A	0	0	446
ISHARES MORNINGSTAR SMALL-CA	COM	464288505	363	2,148	SH		SOLE	N/A	0	0	363
ISHARES MORTGAGE REAL ESTATE	COM	46435G342	306	7,203	SH		SOLE	N/A	0	0	306
ISHARES MSCI ACWI ETF	COM	464288257	2,545	35,500	SH		SOLE	N/A	0	0	2,545
ISHARES MSCI MEXICO ETF	COM	464286822	1,444	28,034	SH		SOLE	N/A	0	0	1,444
ISHARES NASDAQ BIOTECHNOLOGY	COM	464287556	4,102	38,427	SH		SOLE	N/A	0	0	4,102
ISHARES NORTH AMERICAN TECH-	COM	464287515	9,122	53,755	SH		SOLE	N/A	0	0	9,122
ISHARES PHLX SEMICONDUCTOR E	COM	464287523	8,966	49,800	SH		SOLE	N/A	0	0	8,966
ISHARES RUSSELL 1000 GROWTH	COM	464287614	6,884	50,584	SH		SOLE	N/A	0	0	6,884
ISHARES RUSSELL 2000 ETF	COM	464287655	31,504	207,493	SH		SOLE	N/A	0	0	31,504
ISHARES RUSSELL 3000 ETF	COM	464287689	456	2,914	SH		SOLE	N/A	0	0	456
ISHARES RUSSELL TOP 200 VALU	COM	464289420	559	11,078	SH		SOLE	N/A	0	0	559
ISHARES SP 500 VALUE ETF	COM	464287408	427	3,906	SH		SOLE	N/A	0	0	427
ISHARES SP SMALL-CAP 600 VA	COM	464287879	362	2,403	SH		SOLE	N/A	0	0	362
ISHARES SELECT DIVIDEND ETF	COM	464287168	2,587	27,200	SH		SOLE	N/A	0	0	2,587
ISHARES U.S. ENERGY ETF	COM	464287796	257	6,945	SH		SOLE	N/A	0	0	257
ISHARES US TELECOMMUNICATION	COM	464287713	2,153	79,688	SH		SOLE	N/A	0	0	2,153
JANUS HENDERSON GROUP PLC	COM	G4474Y214	314	9,477	SH		SOLE	N/A	0	0	314
JOHNSON JOHNSON	COM	478160104	4,681	36,531	SH		SOLE	N/A	0	0	4,681
JOHNSON CONTROLS INTERNATION	COM	G51502105	453	12,848	SH		SOLE	N/A	0	0	453
JPMORGAN CHASE CO	COM	46625H100	7,956	72,347	SH		SOLE	N/A	0	0	7,956
KEYCORP	COM	493267108	3,747	191,638	SH		SOLE	N/A	0	0	3,747
KINDER MORGAN INC	COM	49456B101	2,388	158,591	SH		SOLE	N/A	0	0	2,388
KKR CO LP	COM	48248M102	292	14,394	SH		SOLE	N/A	0	0	292
KRAFT HEINZ CO/THE	COM	500754106	2,152	34,556	SH		SOLE	N/A	0	0	2,152
LLOYDS BANKING GROUP PLC-ADR	COM	539439109	73	19,536	SH		SOLE	N/A	0	0	73
LOWE'S COS INC	COM	548661107	647	7,373	SH		SOLE	N/A	0	0	647
MAGNA INTERNATIONAL INC	COM	559222401	217	3,847	SH		SOLE	N/A	0	0	217
MANULIFE FINANCIAL CORP	COM	56501R106	447	24,047	SH		SOLE	N/A	0	0	447
MARATHON OIL CORP	COM	565849106	382	23,693	SH		SOLE	N/A	0	0	382
MARATHON PETROLEUM CORP	COM	56585A102	2,499	34,187	SH		SOLE	N/A	0	0	2,499
MARRIOTT INTERNATIONAL -CL A	COM	571903202	1,200	8,824	SH		SOLE	N/A	0	0	1,200
MARSH MCLENNAN COS	COM	571748102	637	7,717	SH		SOLE	N/A	0	0	637
MATERIALS SELECT SECTOR SPDR	COM	81369Y100	11,668	204,919	SH		SOLE	N/A	0	0	11,668
MBIA INC	COM	55262C100	180	19,441	SH		SOLE	N/A	0	0	180
MCDONALD'S CORP	COM	580135101	2,125	13,587	SH		SOLE	N/A	0	0	2,125
MEDTRONIC PLC	COM	G5960L103	301	3,749	SH		SOLE	N/A	0	0	301
MERCADOLIBRE INC	COM	58733R102	1,497	4,200	SH		SOLE	N/A	0	0	1,497
MERCK CO INC	COM	58933Y105	2,547	46,768	SH		SOLE	N/A	0	0	2,547
METLIFE INC	COM	59156R108	3,289	71,661	SH		SOLE	N/A	0	0	3,289
MICROCHIP TECHNOLOGY INC	COM	595017104	382	4,184	SH		SOLE	N/A	0	0	382
MICROSOFT CORP	COM	594918104	1,571	17,214	SH		SOLE	N/A	0	0	1,571
MIZUHO FINANCIAL GROUP-ADR	COM	60687Y109	39	10,595	SH		SOLE	N/A	0	0	39
MONSANTO CO	COM	61166W101	783	6,714	SH		SOLE	N/A	0	0	783
MORGAN STANLEY	COM	617446448	2,744	50,858	SH		SOLE	N/A	0	0	2,744
MYLAN NV	COM	N59465109	501	12,179	SH		SOLE	N/A	0	0	501
NATIONAL OILWELL VARCO INC	COM	637071101	222	6,018	SH		SOLE	N/A	0	0	222
NEW GOLD INC	COM	644535106	45	17,622	SH		SOLE	N/A	0	0	45
NEW YORK COMMUNITY BANCORP	COM	649445103	220	16,875	SH		SOLE	N/A	0	0	220
NEWMONT MINING CORP	COM	651639106	1,210	30,970	SH		SOLE	N/A	0	0	1,210
NEXTERA ENERGY INC	COM	65339F101	2,564	15,700	SH		SOLE	N/A	0	0	2,564
NII HOLDINGS INC	COM	62913F508	32	15,200	SH		SOLE	N/A	0	0	32
NIKE INC -CL B	COM	654106103	422	6,359	SH		SOLE	N/A	0	0	422
NORFOLK SOUTHERN CORP	COM	655844108	2,580	19,001	SH		SOLE	N/A	0	0	2,580
NORTHERN TRUST CORP	COM	665859104	1,761	17,072	SH		SOLE	N/A	0	0	1,761
NOVAGOLD RESOURCES INC	COM	66987E206	53	12,354	SH		SOLE	N/A	0	0	53
NOVARTIS AG-SPONSORED ADR	COM	66987V109	712	8,811	SH		SOLE	N/A	0	0	712
NUCOR CORP	COM	670346105	951	15,568	SH		SOLE	N/A	0	0	951
NUTRIEN LTD	COM	67077M108	1,082	22,891	SH		SOLE	N/A	0	0	1,082
OAKTREE SPECIALTY LENDING CO	COM	67401P108	78	18,423	SH		SOLE	N/A	0	0	78
OCCIDENTAL PETROLEUM CORP	COM	674599105	3,696	56,903	SH		SOLE	N/A	0	0	3,696
ONEOK INC	COM	682680103	267	4,684	SH		SOLE	N/A	0	0	267
OPKO HEALTH INC	COM	68375N103	88	27,640	SH		SOLE	N/A	0	0	88
ORACLE CORP	COM	68389X105	1,039	22,707	SH		SOLE	N/A	0	0	1,039
PACCAR INC	COM	693718108	210	3,176	SH		SOLE	N/A	0	0	210
PAYPAL HOLDINGS INC	COM	70450Y103	793	10,451	SH		SOLE	N/A	0	0	793
PEOPLE'S UNITED FINANCIAL	COM	712704105	1,038	55,610	SH		SOLE	N/A	0	0	1,038
PEPSICO INC	COM	713448108	3,835	35,139	SH		SOLE	N/A	0	0	3,835
PETROCHINA CO LTD -ADR	COM	71646E100	744	10,665	SH		SOLE	N/A	0	0	744
PFIZER INC	COM	717081103	5,248	147,867	SH		SOLE	N/A	0	0	5,248
PHILIP MORRIS INTERNATIONAL	COM	718172109	2,869	28,865	SH		SOLE	N/A	0	0	2,869
PHILLIPS 66	COM	718546104	872	9,087	SH		SOLE	N/A	0	0	872
PIONEER NATURAL RESOURCES CO	COM	723787107	1,493	8,693	SH		SOLE	N/A	0	0	1,493
PNC FINANCIAL SERVICES GROUP	COM	693475105	10,541	69,696	SH		SOLE	N/A	0	0	10,541
POPULAR INC	COM	733174700	223	5,357	SH		SOLE	N/A	0	0	223
POWERSHARES BUYBACK ACHVERS	COM	73935X286	217	3,809	SH		SOLE	N/A	0	0	217
POWERSHARES DVD ACHIEVERS PT	COM	73935X732	494	19,452	SH		SOLE	N/A	0	0	494
POWERSHARES RUSSELL 2000 EQU	COM	73935X435	597	14,109	SH		SOLE	N/A	0	0	597
POWERSHARES RUSSELL 2000 PUR	COM	73935X864	393	13,438	SH		SOLE	N/A	0	0	393
POWERSHARES RUSSELL TOP 200	COM	73935X450	334	6,415	SH		SOLE	N/A	0	0	334
PPG INDUSTRIES INC	COM	693506107	1,342	12,025	SH		SOLE	N/A	0	0	1,342
PRAXAIR INC	COM	74005P104	951	6,592	SH		SOLE	N/A	0	0	951
PRECISION DRILLING CORP	COM	74022D308	38	13,814	SH		SOLE	N/A	0	0	38
PROLOGIS INC	COM	74340W103	3,690	58,580	SH		SOLE	N/A	0	0	3,690
PROSHARES ULTRA EURO	COM	74347W874	263	14,558	SH		SOLE	N/A	0	0	263
PROSPECT CAPITAL CORP	COM	74348T102	330	50,315	SH		SOLE	N/A	0	0	330
PRUDENTIAL FINANCIAL INC	COM	744320102	2,180	21,053	SH		SOLE	N/A	0	0	2,180
PUBLIC SERVICE ENTERPRISE GP	COM	744573106	2,025	40,300	SH		SOLE	N/A	0	0	2,025
PULTE GROUP INC	COM	745867101	303	10,261	SH		SOLE	N/A	0	0	303
RANDGOLD RESOURCES LTD-ADR	COM	752344309	287	3,443	SH		SOLE	N/A	0	0	287
RANGE RESOURCES CORP	COM	75281A109	198	13,646	SH		SOLE	N/A	0	0	198
RAYMOND JAMES FINANCIAL INC	COM	754730109	308	3,449	SH		SOLE	N/A	0	0	308
RAYTHEON COMPANY	COM	755111507	761	3,526	SH		SOLE	N/A	0	0	761
REGENERON PHARMACEUTICALS	COM	75886F107	652	1,892	SH		SOLE	N/A	0	0	652
RESTAURANT BRANDS INTERN	COM	76131D103	202	3,549	SH		SOLE	N/A	0	0	202
ROPER TECHNOLOGIES INC	COM	776696106	377	1,342	SH		SOLE	N/A	0	0	377
ROSS STORES INC	COM	778296103	1,593	20,429	SH		SOLE	N/A	0	0	1,593
ROYAL BANK OF CANADA	COM	780087102	419	5,415	SH		SOLE	N/A	0	0	419
ROYAL DUTCH SHELL-SPON ADR-A	COM	780259206	1,630	25,550	SH		SOLE	N/A	0	0	1,630
ROYAL GOLD INC	COM	780287108	358	4,166	SH		SOLE	N/A	0	0	358
SP GLOBAL INC	COM	78409V104	1,207	6,318	SH		SOLE	N/A	0	0	1,207
SALESFORCE.COM INC	COM	79466L302	1,320	11,350	SH		SOLE	N/A	0	0	1,320
SCHLUMBERGER LTD	COM	806857108	1,131	17,458	SH		SOLE	N/A	0	0	1,131
SCHWAB (CHARLES) CORP	COM	808513105	2,411	46,169	SH		SOLE	N/A	0	0	2,411
SCHWAB US BROAD MARKET ETF	COM	808524102	317	4,976	SH		SOLE	N/A	0	0	317
SEABRIDGE GOLD INC	COM	811916105	125	11,534	SH		SOLE	N/A	0	0	125
SHIRE PLC-ADR	COM	82481R106	291	1,950	SH		SOLE	N/A	0	0	291
SPDR DJIA TRUST	COM	78467X109	61,519	254,844	SH		SOLE	N/A	0	0	61,519
SPDR SP 500 ETF TRUST	COM	78462F103	638	2,426	SH		SOLE	N/A	0	0	638
SPDR SP INSURANCE ETF	COM	78464A789	3,102	100,000	SH		SOLE	N/A	0	0	3,102
SPDR SP METALS MINING ETF	COM	78464A755	373	10,958	SH		SOLE	N/A	0	0	373
SPDR SP REGIONAL BANKING	COM	78464A698	6,034	99,925	SH		SOLE	N/A	0	0	6,034
SPDR SP RETAIL ETF	COM	78464A714	9,921	223,953	SH		SOLE	N/A	0	0	9,921
STARBUCKS CORP	COM	855244109	1,863	32,177	SH		SOLE	N/A	0	0	1,863
STATE STREET CORP	COM	857477103	1,127	11,305	SH		SOLE	N/A	0	0	1,127
STRYKER CORP	COM	863667101	235	1,463	SH		SOLE	N/A	0	0	235
SUNCOR ENERGY INC	COM	867224107	320	9,272	SH		SOLE	N/A	0	0	320
SUNTRUST BANKS INC	COM	867914103	2,855	41,960	SH		SOLE	N/A	0	0	2,855
SVB FINANCIAL GROUP	COM	78486Q101	332	1,382	SH		SOLE	N/A	0	0	332
SYNCHRONY FINANCIAL	COM	87165B103	1,733	51,676	SH		SOLE	N/A	0	0	1,733
SYNOVUS FINANCIAL CORP	COM	87161C501	417	8,347	SH		SOLE	N/A	0	0	417
T ROWE PRICE GROUP INC	COM	74144T108	1,409	13,054	SH		SOLE	N/A	0	0	1,409
TAIWAN SEMICONDUCTOR-SP ADR	COM	874039100	1,621	37,052	SH		SOLE	N/A	0	0	1,621
TE CONNECTIVITY LTD	COM	H84989104	1,391	13,922	SH		SOLE	N/A	0	0	1,391
TECHNIPFMC PLC	COM	G87110105	283	9,625	SH		SOLE	N/A	0	0	283
TECHNOLOGY SELECT SECT SPDR	COM	81369Y803	29,848	456,258	SH		SOLE	N/A	0	0	29,848
TELEFONICA SA-SPON ADR	COM	879382208	387	39,218	SH		SOLE	N/A	0	0	387
TELUS CORP	COM	87971M103	225	6,388	SH		SOLE	N/A	0	0	225
TEREX CORP	COM	880779103	329	8,790	SH		SOLE	N/A	0	0	329
TEXAS INSTRUMENTS INC	COM	882508104	1,059	10,193	SH		SOLE	N/A	0	0	1,059
THERMO FISHER SCIENTIFIC INC	COM	883556102	1,779	8,619	SH		SOLE	N/A	0	0	1,779
THOR INDUSTRIES INC	COM	885160101	212	1,841	SH		SOLE	N/A	0	0	212
TIME WARNER INC	COM	887317303	203	2,146	SH		SOLE	N/A	0	0	203
TORONTO-DOMINION BANK	COM	891160509	629	11,058	SH		SOLE	N/A	0	0	629
TRANSCANADA CORP	COM	89353D107	216	5,236	SH		SOLE	N/A	0	0	216
TRANSOCEAN LTD	COM	H8817H100	367	37,052	SH		SOLE	N/A	0	0	367
TRAVELERS COS INC/THE	COM	89417E109	825	5,939	SH		SOLE	N/A	0	0	825
TWENTY-FIRST CENTURY FOX-A	COM	90130A101	254	6,912	SH		SOLE	N/A	0	0	254
UNION PACIFIC CORP	COM	907818108	2,000	14,879	SH		SOLE	N/A	0	0	2,000
UNITED TECHNOLOGIES CORP	COM	913017109	2,939	23,361	SH		SOLE	N/A	0	0	2,939
UNITEDHEALTH GROUP INC	COM	91324P102	1,469	6,863	SH		SOLE	N/A	0	0	1,469
UNITI GROUP INC	COM	91325V108	683	42,000	SH		SOLE	N/A	0	0	683
US BANCORP	COM	902973304	3,459	68,501	SH		SOLE	N/A	0	0	3,459
UTILITIES SELECT SECTOR SPDR	COM	81369Y886	6,597	130,558	SH		SOLE	N/A	0	0	6,597
VALERO ENERGY CORP	COM	91913Y100	3,149	33,949	SH		SOLE	N/A	0	0	3,149
VANECK VECTORS SEMICONDUCTOR	COM	92189F676	26,462	253,759	SH		SOLE	N/A	0	0	26,462
VANGUARD FTSE EUROPE ETF	COM	922042874	783	13,460	SH		SOLE	N/A	0	0	783
VANGUARD MEGA CAP GROWTH ETF	COM	921910816	277	2,469	SH		SOLE	N/A	0	0	277
VANGUARD MID-CAP VALUE ETF	COM	922908512	351	3,210	SH		SOLE	N/A	0	0	351
VANGUARD RUSSELL 1000	COM	92206C730	253	2,088	SH		SOLE	N/A	0	0	253
VANGUARD RUSSELL 1000 GROWTH	COM	92206C680	438	3,134	SH		SOLE	N/A	0	0	438
VANGUARD SP 500 GROWTH ETF	COM	921932505	377	2,706	SH		SOLE	N/A	0	0	377
VANGUARD SP MID-CAP 400 GRO	COM	921932869	328	2,429	SH		SOLE	N/A	0	0	328
VANGUARD SP MID-CAP 400 VAL	COM	921932844	375	3,177	SH		SOLE	N/A	0	0	375
VEREIT INC	COM	92339V100	137	19,656	SH		SOLE	N/A	0	0	137
VERIZON COMMUNICATIONS INC	COM	92343V104	1,993	41,679	SH		SOLE	N/A	0	0	1,993
VERTEX PHARMACEUTICALS INC	COM	92532F100	1,044	6,405	SH		SOLE	N/A	0	0	1,044
WALGREENS BOOTS ALLIANCE INC	COM	931427108	1,452	22,181	SH		SOLE	N/A	0	0	1,452
WALMART INC	COM	931142103	906	10,181	SH		SOLE	N/A	0	0	906
WASTE CONNECTIONS INC	COM	94106B101	457	6,375	SH		SOLE	N/A	0	0	457
WEATHERFORD INTERNATIONAL PL	COM	G48833100	135	58,977	SH		SOLE	N/A	0	0	135
WELLS FARGO CO	COM	949746101	3,485	66,487	SH		SOLE	N/A	0	0	3,485
WHEATON PRECIOUS METALS CORP	COM	962879102	211	10,347	SH		SOLE	N/A	0	0	211
WILLIAMS COS INC	COM	969457100	666	26,805	SH		SOLE	N/A	0	0	666
YAMANA GOLD INC	COM	98462Y100	107	38,716	SH		SOLE	N/A	0	0	107