Clark 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
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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
ABBOTT LABORATORIES	COM	002824100	531	11,465	SH		SOLE		11,465	0	0
ABBVIE INC	COM	00287Y109	5,264	89,913	SH		SOLE		89,913	0	0
AGRIUM INC	COM	008916108	1,104	10,589	SH		SOLE		10,589	0	0
AIR PRODUCTS & CHEMICALS	COM	009158106	222	1,467	SH		SOLE		1,467	0	0
ALASKA AIR GROUP	COM	011659109	2,631	39,757	SH		SOLE		39,757	0	0
ALLEGIANT TRAVEL CO	COM	01748X102	295	1,533	SH		SOLE		1,533	0	0
ALTRIA GROUP INC.	COM	02209S103	11,051	220,932	SH		SOLE		220,932	0	0
AMERICAN EXPRESS COMPANY	COM	025816109	286	3,658	SH		SOLE		3,658	0	0
AMERICAN FINL GROUP INC	COM	025932104	2,267	35,339	SH		SOLE		35,339	0	0
AMERICAN RAILCAR INDS INC	COM	02916P103	326	6,551	SH		SOLE		6,551	0	0
AMERICA'S CAR-MART, INC.	COM	03062T105	401	7,400	SH		SOLE		7,400	0	0
AMERISOURCE BERGEN CORP	COM	03073E105	2,906	25,563	SH		SOLE		25,563	0	0
AMERIPRISE FINL INC	COM	03076C106	7,330	56,020	SH		SOLE		56,020	0	0
AMGEN INC	COM	031162100	10,306	64,472	SH		SOLE		64,472	0	0
ANADARKO PETE CORP	COM	032511107	290	3,500	SH		SOLE		3,500	0	0
ANTARES PHARMA INC	COM	036642106	27	10,000	SH		SOLE		10,000	0	0
ANTHEM INC.	COM	036752103	16,804	108,830	SH		SOLE		108,830	0	0
APPLE COMPUTER	COM	037833100	17,797	143,028	SH		SOLE		143,028	0	0
APPLIED MATERIALS	COM	038222105	340	15,075	SH		SOLE		15,075	0	0
ASTRONICS CORP	COM	046433108	362	4,910	SH		SOLE		4,910	0	0
ATWOOD OCEANICS INC	COM	050095108	1,791	63,724	SH		SOLE		63,724	0	0
AUTOMATIC DATA PROCESSING INC	COM	053015103	223	2,600	SH		SOLE		2,600	0	0
AUTOZONE INC.	COM	053332102	1,684	2,468	SH		SOLE		2,468	0	0
BP PLC - ADR	SPONSORED ADR	055622104	4,570	116,861	SH		SOLE		116,861	0	0
BANK OF AMERICA CORP.	COM	060505104	633	41,100	SH		SOLE		41,100	0	0
BANK OF THE OZARKS INC	COM	063904106	458	12,414	SH		SOLE		12,414	0	0
IPATH S&P 500 VIX SHORT TERM FUTURES	IPATH S&P500 VIX	06742E711	800	31,222	SH		SOLE		31,222	0	0
BED BATH & BEYOND INC	COM	075896100	1,622	21,127	SH		SOLE		21,127	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	245	1,695	SH		SOLE		1,695	0	0
BIO-REFERENCE LABS INC	COM $.01 NEW	09057G602	483	13,703	SH		SOLE		13,703	0	0
BLACKROCK INC	COM	09247X101	302	825	SH		SOLE		825	0	0
BOEING CO	COM	097023105	666	4,435	SH		SOLE		4,435	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	1,021	15,826	SH		SOLE		15,826	0	0
BROCADE COMMUNICATIONS SYS I	COM NEW	111621306	1,883	158,698	SH		SOLE		158,698	0	0
BUCKEYE PARTNERS L P	UNIT LTD PARTN	118230101	289	3,832	SH		SOLE		3,832	0	0
CBS CORP NEW	CL B	124857202	349	5,759	SH		SOLE		5,759	0	0
CIGNA CORPORATION	COM	125509109	2,233	17,250	SH		SOLE		17,250	0	0
CSG SYS INTL INC	COM	126349109	349	11,481	SH		SOLE		11,481	0	0
CSX CORP	COM	126408103	1,825	55,091	SH		SOLE		55,091	0	0
CVS HEALTH CORP	COM	126650100	3,636	35,230	SH		SOLE		35,230	0	0
CANADIAN NATL RY CO	COM	136375102	1,146	17,134	SH		SOLE		17,134	0	0
CATO CORP NEW	CL A	149205106	264	6,655	SH		SOLE		6,655	0	0
CELANESE CORP DEL	COM SER A	150870103	1,256	22,478	SH		SOLE		22,478	0	0
CENTURYLINK INC	COM	156700106	3,556	102,924	SH		SOLE		102,924	0	0
CHANGYOU COM LTD	ADS REP CL A	15911M107	1,166	45,046	SH		SOLE		45,046	0	0
CHEVRON CORP NEW	COM	166764100	2,002	19,069	SH		SOLE		19,069	0	0
CHINA LIFE INS CO LTD	SPON ADR REP H	16939P106	1,228	18,585	SH		SOLE		18,585	0	0
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	1,129	17,367	SH		SOLE		17,367	0	0
CHURCH & DWIGHT INC	COM	171340102	8,063	94,396	SH		SOLE		94,396	0	0
CIRRUS LOGIC INC	COM	172755100	472	14,197	SH		SOLE		14,197	0	0
CISCO SYS INC	COM	17275R102	13,284	482,601	SH		SOLE		482,601	0	0
CITIGROUP INC	COM NEW	172967424	490	9,504	SH		SOLE		9,504	0	0
COLGATE PALMOLIVE CO	COM	194162103	543	7,826	SH		SOLE		7,826	0	0
CONAGRA FOODS INC	COM	205887102	1,084	29,665	SH		SOLE		29,665	0	0
CONOCOPHILLIPS	COM	20825C104	323	5,183	SH		SOLE		5,183	0	0
COOPER TIRE & RUBR CO	COM	216831107	368	8,589	SH		SOLE		8,589	0	0
CORELOGIC INC	COM	21871D103	449	12,725	SH		SOLE		12,725	0	0
CORNING INC	COM	219350105	225	9,929	SH		SOLE		9,929	0	0
CREDIT ACCEP CORP MICH	COM	225310101	791	4,054	SH		SOLE		4,054	0	0
CREDIT SUISSE NASSAU BRH	INVRS VIX STERM	22542D795	2,492	71,942	SH		SOLE		71,942	0	0
CULLEN FROST BANKERS INC	COM	229899109	308	4,458	SH		SOLE		4,458	0	0
CUMMINS INC	COM	231021106	1,339	9,660	SH		SOLE		9,660	0	0
DBX ETF TR	XTRAK MSCI EMKT	233051101	712	32,144	SH		SOLE		32,144	0	0
DBX ETF TR	XTRAK MSCI EAFE	233051200	3,735	124,654	SH		SOLE		124,654	0	0
DBX ETF TR	DX TRACKR GERMN	233051408	5,500	191,632	SH		SOLE		191,632	0	0
DBX ETF TR	DBXTR HAR CS 300	233051879	2,929	70,341	SH		SOLE		70,341	0	0
DELUXE CORP	COM	248019101	2,806	40,503	SH		SOLE		40,503	0	0
DEUTSCHE BK AG LDN BRH	DB GOLD SHORT	25154H731	817	52,665	SH		SOLE		52,665	0	0
DEVON ENERGY CORP NEW	COM	25179M103	245	4,067	SH		SOLE		4,067	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	3,735	33,784	SH		SOLE		33,784	0	0
DISNEY WALT CO	COM DISNEY	254687106	10,314	98,334	SH		SOLE		98,334	0	0
DISCOVER FINL SVCS	COM	254709108	814	14,440	SH		SOLE		14,440	0	0
DOMINION RES INC VA NEW	COM	25746U109	335	4,721	SH		SOLE		4,721	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	1,669	21,262	SH		SOLE		21,262	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	688	9,624	SH		SOLE		9,624	0	0
E M C CORP MASS	COM	268648102	753	29,479	SH		SOLE		29,479	0	0
EBAY INC	COM	278642103	341	5,918	SH		SOLE		5,918	0	0
EDISON INTL	COM	281020107	2,295	36,737	SH		SOLE		36,737	0	0
EPLUS INC	COM	294268107	597	6,871	SH		SOLE		6,871	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	489	5,636	SH		SOLE		5,636	0	0
EXXON MOBIL CORP	COM	30231G102	4,936	58,075	SH		SOLE		58,075	0	0
FBL FINL GROUP INC	CL A	30239F106	455	7,343	SH		SOLE		7,343	0	0
FACEBOOK INC	CL A	30303M102	311	3,784	SH		SOLE		3,784	0	0
FIDELITY NATL INFORMATION SV	COM	31620M106	499	7,329	SH		SOLE		7,329	0	0
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	1,652	44,928	SH		SOLE		44,928	0	0
FOOT LOCKER INC	COM	344849104	507	8,042	SH		SOLE		8,042	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	5,685	352,240	SH		SOLE		352,240	0	0
GANNETT INC	COM	364730101	7,868	212,179	SH		SOLE		212,179	0	0
GAP INC DEL	COM	364760108	247	5,695	SH		SOLE		5,695	0	0
GENERAL ELECTRIC CO	COM	369604103	2,125	85,661	SH		SOLE		85,661	0	0
GENERAL MTRS CO	COM	37045V100	2,012	53,640	SH		SOLE		53,640	0	0
GENUINE PARTS CO	COM	372460105	258	2,772	SH		SOLE		2,772	0	0
GILEAD SCIENCES INC	COM	375558103	8,395	85,554	SH		SOLE		85,554	0	0
GLOBAL PMTS INC	COM	37940X102	2,221	24,230	SH		SOLE		24,230	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	243	1,293	SH		SOLE		1,293	0	0
GOOGLE INC	CL A	38259P508	210	379	SH		SOLE		379	0	0
GOOGLE INC	CL C	38259P706	366	668	SH		SOLE		668	0	0
GRAND CANYON ED INC	COM	38526M106	3,178	73,398	SH		SOLE		73,398	0	0
GROUPE CGI INC	CL A SUB VTG	39945C109	1,235	29,094	SH		SOLE		29,094	0	0
GRUPO FINANCIERO GALICIA S A	SP ADR 10 SH B	399909100	1,454	62,823	SH		SOLE		62,823	0	0
HCC INS HLDGS INC	COM	404132102	1,687	29,777	SH		SOLE		29,777	0	0
HCI GROUP INC	COM	40416E103	205	4,461	SH		SOLE		4,461	0	0
HEALTH NET INC	COM	42222G108	230	3,807	SH		SOLE		3,807	0	0
HEWLETT PACKARD CO	COM	428236103	4,027	129,227	SH		SOLE		129,227	0	0
HOME DEPOT INC	COM	437076102	10,395	91,496	SH		SOLE		91,496	0	0
HONEYWELL INTL INC	COM	438516106	936	8,971	SH		SOLE		8,971	0	0
HUANENG PWR INTL INC	SPON ADR H SHS	443304100	1,025	21,310	SH		SOLE		21,310	0	0
IPG PHOTONICS CORP	COM	44980X109	2,093	22,583	SH		SOLE		22,583	0	0
ICONIX BRAND GROUP INC	COM	451055107	565	16,771	SH		SOLE		16,771	0	0
IDACORP INC	COM	451107106	505	8,026	SH		SOLE		8,026	0	0
INFOSYS LTD	SPONSORED ADR	456788108	1,142	32,544	SH		SOLE		32,544	0	0
INTEL CORP	COM	458140100	6,164	197,124	SH		SOLE		197,124	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	665	4,135	SH		SOLE		4,135	0	0
ISHARES	EM MK MINVOL ETF	464286533	2,713	45,983	SH		SOLE		45,983	0	0
ISHARES	EMU ETF	464286608	1,392	36,078	SH		SOLE		36,078	0	0
ISHARES	MSCI TAIWAN ETF	464286731	13,201	838,717	SH		SOLE		838,717	0	0
ISHARES	MSCI GERMANY ETF	464286806	11,216	375,855	SH		SOLE		375,855	0	0
ISHARES	MSCI NETHERL ETF	464286814	5,074	200,704	SH		SOLE		200,704	0	0
ISHARES	MSCI JAPAN ETF	464286848	17,566	1,401,919	SH		SOLE		1,401,919	0	0
ISHARES TR	TIPS BD ETF	464287176	253	2,229	SH		SOLE		2,229	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	878	19,783	SH		SOLE		19,783	0	0
ISHARES TR	CORE US AGGBD ET	464287226	269	2,418	SH		SOLE		2,418	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	3,048	26,752	SH		SOLE		26,752	0	0
ISHARES TR	7-10 Y TR BD ETF	464287440	489	4,512	SH		SOLE		4,512	0	0
ISHARES TR	MSCI EAFE ETF	464287465	1,693	26,383	SH		SOLE		26,383	0	0
ISHARES TR	RUS MD CP GR ETF	464287481	34,547	352,773	SH		SOLE		352,773	0	0
ISHARES TR	RUS MID-CAP ETF	464287499	40,085	231,543	SH		SOLE		231,543	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	6,125	40,304	SH		SOLE		40,304	0	0
ISHARES TR	PHLX SEMICND ETF	464287523	6,566	69,836	SH		SOLE		69,836	0	0
ISHARES TR	NASDQ BIOTEC ETF	464287556	4,749	13,829	SH		SOLE		13,829	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	36,578	241,358	SH		SOLE		241,358	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	41,509	333,751	SH		SOLE		333,751	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	981	8,311	SH		SOLE		8,311	0	0
ISHARES	MSCI AC ASIA ETF	464288182	2,090	32,651	SH		SOLE		32,651	0	0
ISHARES	EAFE SML CP ETF	464288273	10,232	206,824	SH		SOLE		206,824	0	0
ISHARES	IBOXX HI YD ETF	464288513	37,737	416,481	SH		SOLE		416,481	0	0
ISHARES	3-7 YR TR BD ETF	464288661	344	2,774	SH		SOLE		2,774	0	0
ISHARES	U.S. PFD STK ETF	464288687	1,665	41,509	SH		SOLE		41,509	0	0
ISHARES	U.S. AER&DEF ETF	464288760	4,582	37,020	SH		SOLE		37,020	0	0
ISHARES	U.S. BR-DEAL ETF	464288794	4,124	96,264	SH		SOLE		96,264	0	0
ISHARES	US HLTHCR PR ETF	464288828	4,902	36,839	SH		SOLE		36,839	0	0
ISHARES	U.S. PHARMA ETF	464288836	4,518	26,204	SH		SOLE		26,204	0	0
ISHARES	MICRO-CAP ETF	464288869	5,164	65,306	SH		SOLE		65,306	0	0
ISHARES TR	MSCI PHILIPS ETF	46429B408	8,423	202,473	SH		SOLE		202,473	0	0
ISHARES TR	EAFE MIN VOL ETF	46429B689	352	5,342	SH		SOLE		5,342	0	0
ISHARES TR	USA MIN VOL ETF	46429B697	1,058	25,635	SH		SOLE		25,635	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	1,062	18,163	SH		SOLE		18,163	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	4,694	97,134	SH		SOLE		97,134	0	0
ISHARES TR	CORE DIV GRWTH	46434V621	1,641	62,375	SH		SOLE		62,375	0	0
ISHARES TR	CUR HDG MS EMU	46434V639	9,017	310,083	SH		SOLE		310,083	0	0
ISHARES TR	HDG MSCI EAFE	46434V803	1,975	70,834	SH		SOLE		70,834	0	0
ITC HLDGS CORP	COM	465685105	351	9,387	SH		SOLE		9,387	0	0
JP MORGAN CHASE & CO.	COM	46625H100	1,549	25,566	SH		SOLE		25,566	0	0
JOHNSON & JOHNSON	COM	478160104	9,116	90,620	SH		SOLE		90,620	0	0
JOHNSON CONTROLS INC	COM	478366107	269	5,326	SH		SOLE		5,326	0	0
J2 GLOBAL INC	COM	48123V102	2,111	32,145	SH		SOLE		32,145	0	0
KADANT INC	COM	48282T104	654	12,433	SH		SOLE		12,433	0	0
KIMBERLY CLARK CORP	COM	494368103	7,898	73,735	SH		SOLE		73,735	0	0
KINDER MORGAN INC	COM	49456B101	712	16,934	SH		SOLE		16,934	0	0
KNOLL INC	COM NEW	498904200	456	19,466	SH		SOLE		19,466	0	0
KNIGHT TRANSPORTATION	COM	499064103	281	8,709	SH		SOLE		8,709	0	0
KORN/FERRY INTL	COM NEW	500643200	502	15,265	SH		SOLE		15,265	0	0
KRAFT FOODS GROUP INC	COM	50076Q106	11,472	131,684	SH		SOLE		131,684	0	0
LABORATORY CORP OF AMERICA HLDGS	COM NEW	50540R409	2,797	22,180	SH		SOLE		22,180	0	0
LANDSTAR SYSTEMS INC	COM	515098101	703	10,600	SH		SOLE		10,600	0	0
LANNETT CO INC	COM	516012101	849	12,533	SH		SOLE		12,533	0	0
LILLY ELI & CO	COM	532457108	11,093	152,691	SH		SOLE		152,691	0	0
LINCOLN NATL CORP	COM	534187109	2,718	47,297	SH		SOLE		47,297	0	0
LOCKHEED MARTIN CORP	COM	539830109	12,367	60,935	SH		SOLE		60,935	0	0
LOWES COS INC	COM	548661107	906	12,178	SH		SOLE		12,178	0	0
MACYS INC	COM	55616P104	7,894	121,617	SH		SOLE		121,617	0	0
MAGNA INTL INC	COM	559222401	1,257	23,425	SH		SOLE		23,425	0	0
MARSH & MCLENNAN COMPANIES INC	COM	571748102	442	7,889	SH		SOLE		7,889	0	0
MASTERCARD INC CL A	CL A	57636Q104	203	2,355	SH		SOLE		2,355	0	0
MATSON INC	COM	57686G105	460	10,908	SH		SOLE		10,908	0	0
MCCORMICK & CO INC NON-VOTING SHRS	COM NON VTG	579780206	280	3,627	SH		SOLE		3,627	0	0
MCDONALD'S CORP	COM	580135101	443	4,551	SH		SOLE		4,551	0	0
MEDNAX INC	COM	58502B106	2,660	36,691	SH		SOLE		36,691	0	0
MERCK & CO INC	COM	58933Y105	4,732	82,320	SH		SOLE		82,320	0	0
MICROSOFT CORP	COM	594918104	6,785	166,901	SH		SOLE		166,901	0	0
MINERAL TECHNOLOGIES INC	COM	603158106	2,296	31,407	SH		SOLE		31,407	0	0
MITSUBISHI UFJ FINL GROUP INC	SPONSORED ADR	606822104	1,266	203,562	SH		SOLE		203,562	0	0
MOBILE TELESYSTEMS OJSC	SPONSORED ADR	607409109	1,402	138,781	SH		SOLE		138,781	0	0
MONDELEZ INTL INC CL A	CL A	609207105	258	7,155	SH		SOLE		7,155	0	0
MONSANTO CO	COM	61166W101	246	2,189	SH		SOLE		2,189	0	0
MOODY'S CORP	COM	615369105	266	2,565	SH		SOLE		2,565	0	0
NATIONAL PENN BANCSHARES INC	COM	637138108	232	21,528	SH		SOLE		21,528	0	0
NET 1 UEPS TECHNOLOGIES	COM NEW	64107N206	1,290	94,303	SH		SOLE		94,303	0	0
NETEASE.COM INC	SPONSORED ADR	64110W102	1,104	10,483	SH		SOLE		10,483	0	0
NEWPARK RESOURCES INC	COM PAR $.01NEW	651718504	209	22,957	SH		SOLE		22,957	0	0
NEXTERA ENERGY INC	COM	65339F101	7,963	76,528	SH		SOLE		76,528	0	0
NORFOLK SOUTHERN CORP	COM	655844108	648	6,301	SH		SOLE		6,301	0	0
NOVO NORDISK A.S.	ADR	670100205	330	6,182	SH		SOLE		6,182	0	0
OGE ENERGY CORP	COM	670837103	221	7,000	SH		SOLE		7,000	0	0
OCCIDENTAL PETROLEUM CORP.	COM	674599105	8,138	111,483	SH		SOLE		111,483	0	0
OMNICOM GROUP INC	COM	681919106	1,371	17,584	SH		SOLE		17,584	0	0
ORACLE CORP	COM	68389X105	548	12,696	SH		SOLE		12,696	0	0
PC CONNECTION INC	COM	69318J100	457	17,530	SH		SOLE		17,530	0	0
PNC FINANCIAL SERVICES GROUP	COM	693475105	11,693	125,410	SH		SOLE		125,410	0	0
PPG INDUSTRIES INC	COM	693506107	1,071	4,747	SH		SOLE		4,747	0	0
PRA GROUP INC	COM	69354N106	3,087	56,836	SH		SOLE		56,836	0	0
PACKAGING CORP AMER	COM	695156109	7,663	98,001	SH		SOLE		98,001	0	0
PATRICK INDS INC.	COM	703343103	390	6,264	SH		SOLE		6,264	0	0
PEOPLES UTD FINL INC	COM	712704105	177	11,642	SH		SOLE		11,642	0	0
PEPSICO INC	COM	713448108	6,185	64,688	SH		SOLE		64,688	0	0
PFIZER INC	COM	717081103	1,064	30,595	SH		SOLE		30,595	0	0
PHILIP MORRIS INTL INC	COM	718172109	784	10,405	SH		SOLE		10,405	0	0
PHILLIPS 66	COM	718546104	560	7,123	SH		SOLE		7,123	0	0
POLARIS INDUSTRIES, INC.	COM	731068102	226	1,605	SH		SOLE		1,605	0	0
PORTLAND GEN ELEC CO	COM NEW	736508847	263	7,093	SH		SOLE		7,093	0	0
POWERSHARES QQQ	UNIT SER 1	73935A104	9,122	86,383	SH		SOLE		86,383	0	0
POWERSHARES DYNAMIC LEISURE & ENTERTAINMENT	DYN LSR & ENT	73935X757	3,756	98,055	SH		SOLE		98,055	0	0
POWERSHARES RUSSELL 1000 EQUAL WEIGHT ETF	1000 EQ WHT PT	73937B571	1,247	48,599	SH		SOLE		48,599	0	0
PRAXAIR INC	COM	74005P104	409	3,386	SH		SOLE		3,386	0	0
T. ROWE PRICE GROUP INC	COM	74144T108	2,164	26,726	SH		SOLE		26,726	0	0
PRIMERICA INC	COM	74164M108	233	4,576	SH		SOLE		4,576	0	0
PROCTER & GAMBLE CO	COM	742718109	1,630	19,887	SH		SOLE		19,887	0	0
PROGRESSIVE CORP OF OHIO	COM	743315103	207	7,605	SH		SOLE		7,605	0	0
PROSHARES SHORT S&P 500	PSHS SHRT S&P500	74347R503	1,675	78,029	SH		SOLE		78,029	0	0
PUBLIC SVC ENTERPRISES GROUP	COM	744573106	714	17,024	SH		SOLE		17,024	0	0
QUALCOMM INC	COM	747525103	847	12,210	SH		SOLE		12,210	0	0
QUEST DIAGNOSTICS INC	COM	74834L100	7,555	98,303	SH		SOLE		98,303	0	0
RESMED INC	COM	761152107	387	5,385	SH		SOLE		5,385	0	0
REX AMERICAN RESOURCES	COM	761624105	576	9,469	SH		SOLE		9,469	0	0
ROYAL BK CDA MONTREAL	COM	780087102	1,184	19,609	SH		SOLE		19,609	0	0
RYANAIR HLDGS PLC	SPONSORED ADR	783513104	1,144	17,136	SH		SOLE		17,136	0	0
SK TELECOM LTD	SPONSORED ADR	78440P108	1,081	39,734	SH		SOLE		39,734	0	0
SPDR S&P 500 ETF	TR UNIT	78462F103	29,911	144,896	SH		SOLE		144,896	0	0
S&P CHINA SPDR	S&P CHINA ETF	78463X400	12,237	144,575	SH		SOLE		144,575	0	0
BARCLAYS CONVERTIBLE SECURITIES SPDR	BRC CNV SECS ETF	78464A359	2,081	43,581	SH		SOLE		43,581	0	0
BARCLAYS HIGH YIELD BOND SPDR	BRC HGH YLD BD	78464A417	28,368	723,299	SH		SOLE		723,299	0	0
S&P RETAIL SPDR	S&P RETAIL ETF	78464A714	10,213	101,077	SH		SOLE		101,077	0	0
SPDR S&P HOMEBUILDERS	S&P HOMEBUILD	78464A888	10,789	292,690	SH		SOLE		292,690	0	0
SPDR S&P MIDCAP 400	UTSER1 S&PDCRP	78467Y107	1,771	6,388	SH		SOLE		6,388	0	0
BARCLAYS SHORT TERM HIGH YIELD SPDR	SHT TRM HGH YLD	78468R408	8,242	282,348	SH		SOLE		282,348	0	0
SAP AG SPONS ADR	SPON ADR	803054204	9,202	127,505	SH		SOLE		127,505	0	0
SCIENCE APPLICATIONS INTL	COM	808625107	405	7,894	SH		SOLE		7,894	0	0
HEALTH CARE SELECT SECTOR SPDR	SBI HEALTHCARE	81369Y209	7,490	103,310	SH		SOLE		103,310	0	0
CONSUMER DISCRETIONARY SELECT SECTOR SPDR	SBI CONS DISCR	81369Y407	7,574	100,511	SH		SOLE		100,511	0	0
SELECT COMFORT CORP	COM	81616X103	314	9,112	SH		SOLE		9,112	0	0
SHIRE PHARMACEUTICALS GROUP PLC	SPONSORED ADR	82481R106	1,196	4,997	SH		SOLE		4,997	0	0
SIMON PROPERTY GROUP INC.	COM	828806109	7,837	40,060	SH		SOLE		40,060	0	0
SNAP-ON INC.	COM	833034101	2,832	19,255	SH		SOLE		19,255	0	0
SPARTANNASH CO	COM	847215100	327	10,374	SH		SOLE		10,374	0	0
STANDEX INTERNATIONL CORP	COM	854231107	614	7,480	SH		SOLE		7,480	0	0
STANLEY BLACK & DECKER INC	COM	854502101	440	4,609	SH		SOLE		4,609	0	0
STARBUCK'S CORP	COM	855244109	269	2,838	SH		SOLE		2,838	0	0
STOCK YDS BANCORP INC	COM	861025104	299	8,694	SH		SOLE		8,694	0	0
SUNTRUST BANKS	COM	867914103	5,278	128,454	SH		SOLE		128,454	0	0
SYNTEL INC	COM	87162H103	3,152	60,931	SH		SOLE		60,931	0	0
SYNNEX CORP	COM	87162W100	408	5,276	SH		SOLE		5,276	0	0
SYSCO CORP	COM	871829107	252	6,674	SH		SOLE		6,674	0	0
TRW AUTOMOTIVE HLDGS CORP	COM	87264S106	274	2,609	SH		SOLE		2,609	0	0
TAIWAN SEMICONDUCTOR MFG CO	SPONSORED ADR	874039100	1,128	48,047	SH		SOLE		48,047	0	0
TELEFLEX INC	COM	879369106	1,723	14,260	SH		SOLE		14,260	0	0
TELEFONICA BRASIL SA	SPONSORED ADR	87936R106	942	61,614	SH		SOLE		61,614	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	1,233	19,792	SH		SOLE		19,792	0	0
TEXAS CAP BANCSHARES INC	COM	88224Q107	340	6,985	SH		SOLE		6,985	0	0
TEXAS INSTRUMENTS INC	COM	882508104	10,836	189,494	SH		SOLE		189,494	0	0
THERMO FISHER SCIENTIFIC	COM	883556102	577	4,297	SH		SOLE		4,297	0	0
THOR INDS INC	COM	885160101	283	4,480	SH		SOLE		4,480	0	0
3M CO.	COM	88579Y101	9,045	54,834	SH		SOLE		54,834	0	0
TIME WARNER INC	COM NEW	887317303	586	6,935	SH		SOLE		6,935	0	0
TIME WARNER CABLE INC	COM	88732J207	4,272	28,504	SH		SOLE		28,504	0	0
TORONTO DOMINION BK	COM NEW	891160509	416	9,704	SH		SOLE		9,704	0	0
TOWERS WATSON & CO CL A	CL A	891894107	255	1,931	SH		SOLE		1,931	0	0
TOYOTA MTR CO	SP ADR REP2COM	892331307	1,200	8,579	SH		SOLE		8,579	0	0
TRAVELERS COS INC	COM	89417E109	7,101	65,672	SH		SOLE		65,672	0	0
US BANCORP	COM NEW	902973304	304	6,965	SH		SOLE		6,965	0	0
USANA HEALTH SCIENCES INC	COM	90328M107	289	2,600	SH		SOLE		2,600	0	0
U.S. PHYSICAL THERAPY INC	COM	90337L108	473	9,964	SH		SOLE		9,964	0	0
UNIFIRST CORP	COM	904708104	705	5,991	SH		SOLE		5,991	0	0
UNION PACIFIC CORP	COM	907818108	4,281	39,523	SH		SOLE		39,523	0	0
UNITED PARCEL SVC INC CL B	CL B	911312106	4,248	43,816	SH		SOLE		43,816	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	3,844	32,795	SH		SOLE		32,795	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	580	4,907	SH		SOLE		4,907	0	0
UNIVERSAL INSURANCE HOLDINGS	COM	91359V107	426	16,630	SH		SOLE		16,630	0	0
VF CORP	COM	918204108	440	5,847	SH		SOLE		5,847	0	0
VALSPAR CORP	COM	920355104	1,585	18,866	SH		SOLE		18,866	0	0
VANGUARD FTSE DEVELOPED MARKETS ETF	FTSE DEV MKT ETF	921943858	1,275	32,019	SH		SOLE		32,019	0	0
VANGUARD HIGH DIVIDEND YIELD ETF	HIGH DIV YLD	921946406	230	3,369	SH		SOLE		3,369	0	0
VANGUARD FTSE ALL WORLD EX-US SMALL-CAP	FTSE SMCAP ETF	922042718	281	2,828	SH		SOLE		2,828	0	0
VANGUARD EMERGING MARKETS ETF	FTSE EMR MKT ETF	922042858	5,070	124,056	SH		SOLE		124,056	0	0
VANGUARD INFORMATION TECHNOLGY ETF	INF TECH ETF	92204A702	4,066	38,171	SH		SOLE		38,171	0	0
VENTAS INC	COM	92276F100	7,241	99,161	SH		SOLE		99,161	0	0
VANGUARD REIT	REIT ETF	922908553	398	4,720	SH		SOLE		4,720	0	0
VANGUARD GROWTH ETF	GROWTH ETF	922908736	2,394	22,886	SH		SOLE		22,886	0	0
VERIZON COMMUNICATIONS	COM	92343V104	8,008	164,668	SH		SOLE		164,668	0	0
WNS HLDGS LTD	SPON ADR	92932M101	1,234	50,735	SH		SOLE		50,735	0	0
WAL MART STORES INC	COM	931142103	222	2,701	SH		SOLE		2,701	0	0
WELLS FARGO & CO	COM	949746101	12,588	231,396	SH		SOLE		231,396	0	0
WERNER ENTERPRISES INC	COM	950755108	1,862	59,280	SH		SOLE		59,280	0	0
WHIRLPOOL CORP	COM	963320106	392	1,942	SH		SOLE		1,942	0	0
WHITING PETROLEUM CORP	COM	966387102	248	8,029	SH		SOLE		8,029	0	0
WILLIAMS COS INC	COM	969457100	10,555	208,639	SH		SOLE		208,639	0	0
WISCONSIN ENERGY CORP	COM	976657106	2,465	49,795	SH		SOLE		49,795	0	0
WISDOMTREE MIDCAP DIVID	MIDCAP DIVI FD	97717W505	12,159	141,248	SH		SOLE		141,248	0	0
WISDOMTREE JAPAN HEDGED EQUITY	JAPN HEDGE EQT	97717W851	10,342	187,631	SH		SOLE		187,631	0	0
WORLD FUEL SERVICES CORP	COM	981475106	2,024	35,214	SH		SOLE		35,214	0	0
ACTAVIS PLC	SHS	G0083B108	1,230	4,134	SH		SOLE		4,134	0	0
ACCENTURE PLC	SHS CLASS A	G1151C101	397	4,234	SH		SOLE		4,234	0	0
ICON PLC LTD	SHS	G4705A100	1,352	19,165	SH		SOLE		19,165	0	0
MAIDEN HLDGS LTD	SHS	G5753U112	1,281	86,373	SH		SOLE		86,373	0	0
MALLINCKRODT PUB LTD CO	SHS	G5785G107	1,309	10,338	SH		SOLE		10,338	0	0
MEDTRONIC PLC	SHS	G5960L103	668	8,561	SH		SOLE		8,561	0	0
MICHAEL KORS HLDGS LTD	SHS	G60754101	1,093	16,619	SH		SOLE		16,619	0	0
PERRIGO CO PLC	SHS	G97822103	316	1,906	SH		SOLE		1,906	0	0
ACE LIMITED SHS	SHS	H0023R105	1,473	13,208	SH		SOLE		13,208	0	0
GLOBANT SA	COM	L44385109	670	31,837	SH		SOLE		31,837	0	0
TARO PHARMACEUTICAL INDS LTD	SHS	M8737E108	1,017	7,202	SH		SOLE		7,202	0	0
LYONDELLBASELL INDUSTRIES NV	SHS - A -	N53745100	10,958	124,810	SH		SOLE		124,810	0	0
NIELSEN HOLDINGS BV	COM	N63218106	5,816	130,486	SH		SOLE		130,486	0	0
AVAGO TECHNOLOGIES LTD	SHS	Y0486S104	1,372	10,808	SH		SOLE		10,808	0	0