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
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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
AMC NETWORKS INC CL A	CL A	00164V103	215	2,934	SH		SOLE		2,934	0	0
AT&T INC	COM	00206R102	760	23,326	SH		SOLE		23,326	0	0
ABBOTT LABORATORIES	COM	002824100	375	9,335	SH		SOLE		9,335	0	0
ABBVIE INC	COM	00287Y109	6,477	119,034	SH		SOLE		119,034	0	0
ADVANCED AUTO PARTS INC	COM	00751Y106	208	1,098	SH		SOLE		1,098	0	0
ALLEGIANT TRAVEL CO	COM	01748X102	2,785	12,880	SH		SOLE		12,880	0	0
ALTRIA GROUP INC.	COM	02209S103	14,787	271,814	SH		SOLE		271,814	0	0
AMERICAN EAGLE OUTFITTERS INC	COM	02553E106	3,627	232,074	SH		SOLE		232,074	0	0
AMERICAN EXPRESS COMPANY	COM	025816109	620	8,362	SH		SOLE		8,362	0	0
AMERICAN FINL GROUP INC	COM	025932104	2,646	38,393	SH		SOLE		38,393	0	0
AMERICAN RAILCAR INDS INC	COM	02916P103	1,866	51,592	SH		SOLE		51,592	0	0
AMERISOURCE BERGEN CORP	COM	03073E105	2,504	26,365	SH		SOLE		26,365	0	0
AMGEN INC	COM	031162100	7,671	55,457	SH		SOLE		55,457	0	0
AMSURG CORP	COM	03232P405	309	3,980	SH		SOLE		3,980	0	0
ANADARKO PETE CORP	COM	032511107	215	3,557	SH		SOLE		3,557	0	0
ANTARES PHARMA INC	COM	036642106	17	10,000	SH		SOLE		10,000	0	0
ANTHEM INC.	COM	036752103	6,802	48,586	SH		SOLE		48,586	0	0
APPLE COMPUTER	COM	037833100	15,511	140,625	SH		SOLE		140,625	0	0
APPLIED MATERIALS	COM	038222105	149	10,127	SH		SOLE		10,127	0	0
ATWOOD OCEANICS INC	COM	050095108	1,775	119,881	SH		SOLE		119,881	0	0
AUTOMATIC DATA PROCESSING INC	COM	053015103	226	2,808	SH		SOLE		2,808	0	0
AUTOZONE INC.	COM	053332102	1,821	2,516	SH		SOLE		2,516	0	0
BP PLC - ADR	SPONSORED ADR	055622104	361	11,798	SH		SOLE		11,798	0	0
BOFI HOLDINGS INC	COM	05566U108	431	3,343	SH		SOLE		3,343	0	0
BANK OF AMERICA CORP.	COM	060505104	567	36,402	SH		SOLE		36,402	0	0
BANK OF MONTREAL	COM	063671101	1,717	31,482	SH		SOLE		31,482	0	0
BANK OF THE OZARKS INC	COM	063904106	605	13,821	SH		SOLE		13,821	0	0
IPATH BLOOMBERG COCOA SUBINDEX ETN	ETN DJUBSCOCO 38	06739H313	3,912	96,795	SH		SOLE		96,795	0	0
IPATH S&P 500 VIX SHORT TERM FUTURES	IPATH S&P500 VIX	06742E711	1,089	42,500	SH		SOLE		42,500	0	0
BLACK HILLS CORP	COM	092113109	544	13,167	SH		SOLE		13,167	0	0
BLACKROCK INC	COM	09247X101	252	846	SH		SOLE		846	0	0
BLOCK H & R INC	COM	093671105	200	5,537	SH		SOLE		5,537	0	0
BOEING COMPANY	COM	097023105	568	4,336	SH		SOLE		4,336	0	0
BRISTOL MYERS SQUIBB CO.	COM	110122108	4,355	73,569	SH		SOLE		73,569	0	0
BROCADE COMMUNICATIONS SYS INC	COM NEW	111621306	2,440	235,093	SH		SOLE		235,093	0	0
CBS CORP CL B	CL B	124857202	220	5,522	SH		SOLE		5,522	0	0
CIGNA CORP	COM	125509109	2,269	16,807	SH		SOLE		16,807	0	0
CNOOC LTD SPONSORED ADR	SPONSORED ADR	126132109	1,394	13,526	SH		SOLE		13,526	0	0
CSG SYS INTL INC	COM	126349109	397	12,883	SH		SOLE		12,883	0	0
CVS CAREMARK	COM	126650100	2,719	28,186	SH		SOLE		28,186	0	0
CALERES INC	COM	129500104	208	6,810	SH		SOLE		6,810	0	0
CELANESE CORP SER A	COM SER A	150870103	2,522	42,618	SH		SOLE		42,618	0	0
CELGENE CORP	COM	151020104	435	4,024	SH		SOLE		4,024	0	0
CHANGYOU.COM LTD	ADS REP CL A	15911M107	1,257	70,631	SH		SOLE		70,631	0	0
CHEMED CORP	COM	16359R103	365	2,733	SH		SOLE		2,733	0	0
CHEVRON CORP	COM	166764100	1,211	15,348	SH		SOLE		15,348	0	0
CHICAGO BRIDGE & IRON CO NV	COM	167250109	1,455	36,686	SH		SOLE		36,686	0	0
CHINA LIFE INS CO LTD	SPON ADR REP H	16939P106	1,486	85,477	SH		SOLE		85,477	0	0
CHINA MOBILE HONG KONG LTD	SPONSORED ADR	16941M109	1,593	26,771	SH		SOLE		26,771	0	0
CHURCH & DWIGHT CO INC	COM	171340102	8,141	97,038	SH		SOLE		97,038	0	0
CIRRUS LOGIC INC	COM	172755100	2,722	86,371	SH		SOLE		86,371	0	0
CISCO SYSTEMS INC	COM	17275R102	13,691	521,569	SH		SOLE		521,569	0	0
CITIGROUP INC	COM NEW	172967424	452	9,121	SH		SOLE		9,121	0	0
CLOROX CO	COM	189054109	9,343	80,873	SH		SOLE		80,873	0	0
COLGATE-PALMOLIVE CO	COM	194162103	515	8,121	SH		SOLE		8,121	0	0
CONAGRA FOODS INC.	COM	205887102	1,225	30,248	SH		SOLE		30,248	0	0
CORELOGIC INC	COM	21871D103	475	12,746	SH		SOLE		12,746	0	0
CRACKER BARREL OLD CTRY STORE INC	COM	22410J106	6,038	40,995	SH		SOLE		40,995	0	0
CREDIT ACCEPTANCE CORP	COM	225310101	2,523	12,817	SH		SOLE		12,817	0	0
VELOCITYSHARES DAILY INVERSE VIX SHORT TERM	INVRS VIX STERM	22542D795	3,735	153,390	SH		SOLE		153,390	0	0
CULLEN FROST BANKERS	COM	229899109	314	4,938	SH		SOLE		4,938	0	0
DEUTSCHE X-TRACKERS MSCI EMERG MKTS HEDGED	XTRAK MSCI EMKT	233051101	616	33,014	SH		SOLE		33,014	0	0
DEUTSCHE X TRACKERS CSI 300 CHINA A SHARES	DBXTR HAR CS 300	233051879	602	18,603	SH		SOLE		18,603	0	0
DELEK US HLDGS INC	COM	246647101	331	11,961	SH		SOLE		11,961	0	0
DELUXE CORP	COM	248019101	2,613	46,880	SH		SOLE		46,880	0	0
DIAGEO PLC	SPON ADR NEW	25243Q205	205	1,899	SH		SOLE		1,899	0	0
THE WALT DISNEY CO.	COM DISNEY	254687106	5,606	54,853	SH		SOLE		54,853	0	0
DISCOVER FINL SVCS INC	COM	254709108	634	12,190	SH		SOLE		12,190	0	0
DOMINION RES INC	COM	25746U109	308	4,370	SH		SOLE		4,370	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	1,819	23,012	SH		SOLE		23,012	0	0
DU PONT (E.I.) DE NEMOURS & CO.	COM	263534109	450	9,341	SH		SOLE		9,341	0	0
EMC CORP	COM	268648102	679	28,087	SH		SOLE		28,087	0	0
EASTMAN CHEMICAL CO	COM	277432100	1,678	25,929	SH		SOLE		25,929	0	0
EDISON INTERNATIONAL	COM	281020107	1,433	22,715	SH		SOLE		22,715	0	0
EMBOTELLADORA ANDINA SA	SPON ADR B	29081P303	915	44,111	SH		SOLE		44,111	0	0
ENCORE CAP GROUP INC	COM	292554102	499	13,483	SH		SOLE		13,483	0	0
ENERSIS SA	SPONSORED ADR	29274F104	1,477	116,854	SH		SOLE		116,854	0	0
EPLUS INC	COM	294268107	2,425	30,673	SH		SOLE		30,673	0	0
EXPRESS INC	COM	30219E103	558	31,212	SH		SOLE		31,212	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	442	5,458	SH		SOLE		5,458	0	0
EXXON MOBIL CORP	COM	30231G102	9,692	130,374	SH		SOLE		130,374	0	0
FACEBOOK INC CL A	CL A	30303M102	360	4,007	SH		SOLE		4,007	0	0
F5 NETWORKS INC	COM	315616102	230	1,990	SH		SOLE		1,990	0	0
FIDELITY NATL INFORMATION SVCS INC	COM	31620M106	469	6,988	SH		SOLE		6,988	0	0
FIDELITY NATL FINL INC	FNF GROUP COM	31620R303	7,372	207,837	SH		SOLE		207,837	0	0
FIDELITY SOUTHERN CORP	COM	316394105	939	44,432	SH		SOLE		44,432	0	0
FIRST TRUST DJ INTERNET INDEX	DJ INTERNT IDX	33733E302	9,525	144,161	SH		SOLE		144,161	0	0
FOOT LOCKER INC	COM	344849104	2,734	37,981	SH		SOLE		37,981	0	0
FORD MOTOR CO	COM PAR $0.01	345370860	305	22,444	SH		SOLE		22,444	0	0
GENERAL ELECTRIC CO	COM	369604103	1,862	73,930	SH		SOLE		73,930	0	0
GENERAL MTRS CO	COM	37045V100	366	12,178	SH		SOLE		12,178	0	0
GENUINE PARTS CO	COM	372460105	223	2,692	SH		SOLE		2,692	0	0
GILEAD SCIENCES INC	COM	375558103	13,633	138,841	SH		SOLE		138,841	0	0
GLOBAL PMTS INC	COM	37940X102	2,864	24,961	SH		SOLE		24,961	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	1,821	10,478	SH		SOLE		10,478	0	0
GOOGLE INC CL A	CL A	38259P508	223	350	SH		SOLE		350	0	0
GOOGLE INC CL C	CL C	38259P706	418	687	SH		SOLE		687	0	0
GRAND CANYON ED INC	COM	38526M106	3,292	86,658	SH		SOLE		86,658	0	0
GROUP I AUTOMOTIVE INC	COM	398905109	330	3,873	SH		SOLE		3,873	0	0
GRUPO FINANCIERO GALICIA SA	SP ADR 10 SH B	399909100	1,611	90,408	SH		SOLE		90,408	0	0
HCI GROUP	COM	40416E103	211	5,437	SH		SOLE		5,437	0	0
HARRIS CORPORATION	COM	413875105	11,363	155,334	SH		SOLE		155,334	0	0
HASBRO INC	COM	418056107	5,337	73,982	SH		SOLE		73,982	0	0
HOME DEPOT INC	COM	437076102	13,146	113,828	SH		SOLE		113,828	0	0
HONEYWELL INT'L INC	COM	438516106	7,629	80,571	SH		SOLE		80,571	0	0
IPG PHOTONICS CORP	COM	44980X109	1,838	24,194	SH		SOLE		24,194	0	0
IDACORP INC COM	COM	451107106	680	10,511	SH		SOLE		10,511	0	0
INTEL CORP	COM	458140100	437	14,514	SH		SOLE		14,514	0	0
INTELIQUENT INC.	COM	45825N107	667	29,875	SH		SOLE		29,875	0	0
INTL BUSINESS MACHINES CORP	COM	459200101	546	3,766	SH		SOLE		3,766	0	0
ISHARES GOLD TRUST	ISHARES	464285105	1,416	131,324	SH		SOLE		131,324	0	0
ISHARES MSCI BELGIUM	BELGIUM CAPD ETF	464286301	3,117	189,254	SH		SOLE		189,254	0	0
ISHARES MSCI EMERGING MKTS MIN VOLATILITY	EM MK MINVOL ETF	464286533	1,701	34,139	SH		SOLE		34,139	0	0
ISHARES MSCI FRANCE	MSCI FRANCE ETF	464286707	4,536	188,460	SH		SOLE		188,460	0	0
ISHARES MSCI SWITZERLAND	MSCI SZ CAP ETF	464286749	2,802	91,586	SH		SOLE		91,586	0	0
ISHARES MSCI NETHERLANDS	MSCI NETHERL ETF	464286814	4,992	213,316	SH		SOLE		213,316	0	0
ISHARES MSCI JAPAN	MSCI JAPAN ETF	464286848	7,846	686,428	SH		SOLE		686,428	0	0
ISHARES MSCI ITALY	MSCI ITALCPD ETF	464286855	8,761	611,776	SH		SOLE		611,776	0	0
ISHARES BARCLAYS TIPS BOND	TIPS BD ETF	464287176	278	2,515	SH		SOLE		2,515	0	0
ISHARES CORE TOTAL U.S. BOND MARKET ETF	CORE US AGGBD ET	464287226	329	3,002	SH		SOLE		3,002	0	0
ISHARES S&P 500 GROWTH	S&P 500 GRWT ETF	464287309	52,694	488,808	SH		SOLE		488,808	0	0
ISHARES 7-10 YEAR TREASURY BOND ETF	7-10 Y TR BD ETF	464287440	117,765	1,091,727	SH		SOLE		1,091,727	0	0
ISHARES RUSSELL MID-CAP GROWTH	RUS MD CP GR ETF	464287481	8,945	100,952	SH		SOLE		100,952	0	0
ISHARES CORE S&P MIDCAP ETF	CORE S&P MCP ETF	464287507	3,992	29,223	SH		SOLE		29,223	0	0
ISHARES S&P SOFTWARE	NA TEC-SFTWR ETF	464287515	10,439	110,306	SH		SOLE		110,306	0	0
ISHARES NASDAQ BIOTECHNOLOGY	NASDQ BIOTEC ETF	464287556	6,118	20,169	SH		SOLE		20,169	0	0
ISHARES RUSSELL 2000 GROWTH	RUS 2000 GRW ETF	464287648	11,424	85,272	SH		SOLE		85,272	0	0
ISHARES RUSSELL 2000	RUSSELL 2000 ETF	464287655	9,939	91,019	SH		SOLE		91,019	0	0
ISHARES CORE S&P SMALLCAP ETF	CORE S&P SCP ETF	464287804	1,325	12,436	SH		SOLE		12,436	0	0
ISHARES MSCI EAFE SMALL-CAP ETF	EAFE SML CP ETF	464288273	8,546	178,899	SH		SOLE		178,899	0	0
ISHARES IBOXX $ HIGH YIELD CORP BOND	IBOXX HI YD ETF	464288513	3,605	43,278	SH		SOLE		43,278	0	0
ISHARES 10-20 YEAR TREASURY BOND ETF	10-20 YR TRS ETF	464288653	4,024	29,316	SH		SOLE		29,316	0	0
ISHARES 3-7 YEAR TREASURY BOND ETF	3-7 YR TR BD ETF	464288661	57,053	457,703	SH		SOLE		457,703	0	0
ISHARES US HEALTH CARE PROVIDERS	US HLTHCR PR ETF	464288828	7,690	62,077	SH		SOLE		62,077	0	0
ISHARES MSCI IRELAND CAPPED ETF	IRELAND CAPD ETF	46429B507	8,644	222,033	SH		SOLE		222,033	0	0
ISHARES MSCI EAFE MINIMUM VOLATILITY ETF	EAFE MIN VOL ETF	46429B689	6,015	96,416	SH		SOLE		96,416	0	0
ISHARES MSCI USA MINIMUM VOLATILITY ETF	USA MIN VOL ETF	46429B697	14,095	356,027	SH		SOLE		356,027	0	0
ISHARES CORE MSCI EAFE ETF	CORE MSCI EAFE	46432F842	968	18,337	SH		SOLE		18,337	0	0
ISHARES CORE MSCI EMERGING MARKETS ETF	CORE MSCI EMKT	46434G103	3,333	83,559	SH		SOLE		83,559	0	0
ISHARES CORE DIVIDEND GROWTH ETF	CORE DIV GRWTH	46434V621	1,127	46,461	SH		SOLE		46,461	0	0
ISHARES CURRENCY HEDGED MSCI EMU ETF	CUR HD EURZN ETF	46434V639	11,024	444,523	SH		SOLE		444,523	0	0
ISHARES CURRENCY HEDGED MSCI EAFE	HDG MSCI EAFE	46434V803	1,481	60,237	SH		SOLE		60,237	0	0
ITC HLDGS CORP	COM	465685105	244	7,316	SH		SOLE		7,316	0	0
JP MORGAN CHASE & CO.	COM	46625H100	9,855	161,638	SH		SOLE		161,638	0	0
JOHNSON & JOHNSON	COM	478160104	1,969	21,097	SH		SOLE		21,097	0	0
JOHNSON CONTROLS INC	COM	478366107	231	5,614	SH		SOLE		5,614	0	0
J2 GLOBAL INC	COM	48123V102	2,526	35,655	SH		SOLE		35,655	0	0
KIMBERLY CLARK CORP	COM	494368103	8,447	77,465	SH		SOLE		77,465	0	0
KINDER MORGAN INC	COM	49456B101	498	18,002	SH		SOLE		18,002	0	0
KNOLL INC	COM NEW	498904200	789	35,874	SH		SOLE		35,874	0	0
KORN/FERRY INTL	COM NEW	500643200	594	17,953	SH		SOLE		17,953	0	0
THE KRAFT HEINZ CO	COM	500754106	9,800	138,845	SH		SOLE		138,845	0	0
LGI HOMES	COM	50187T106	554	20,360	SH		SOLE		20,360	0	0
LABORATORY CORP OF AMERICA HLDGS	COM NEW	50540R409	2,553	23,538	SH		SOLE		23,538	0	0
LANDSTAR SYSTEMS INC	COM	515098101	673	10,600	SH		SOLE		10,600	0	0
LANNETT CO INC	COM	516012101	763	18,369	SH		SOLE		18,369	0	0
LENNAR CORP CL A	CL A	526057104	2,537	52,703	SH		SOLE		52,703	0	0
LILLY ELI & CO	COM	532457108	13,335	159,338	SH		SOLE		159,338	0	0
LITHIA MTRS INC CL A	CL A	536797103	547	5,061	SH		SOLE		5,061	0	0
LOCKHEED MARTIN CORP	COM	539830109	9,568	46,153	SH		SOLE		46,153	0	0
LOWES COS INC	COM	548661107	610	8,848	SH		SOLE		8,848	0	0
MGE ENERGY INC	COM	55277P104	330	8,006	SH		SOLE		8,006	0	0
MSA SAFETY INC	COM	553498106	300	7,503	SH		SOLE		7,503	0	0
MACYS INC	COM	55616P104	587	11,438	SH		SOLE		11,438	0	0
MAGNA INTL INC	COM	559222401	1,555	32,397	SH		SOLE		32,397	0	0
MARATHON PETE CORP	COM	56585A102	1,703	36,764	SH		SOLE		36,764	0	0
MARSH & MCLENNAN COMPANIES INC	COM	571748102	328	6,284	SH		SOLE		6,284	0	0
MATSON INC	COM	57686G105	539	14,014	SH		SOLE		14,014	0	0
MCDONALD'S CORP	COM	580135101	315	3,199	SH		SOLE		3,199	0	0
MEDNAX INC	COM	58502B106	2,976	38,756	SH		SOLE		38,756	0	0
MENTOR GRAPHICS CORP	COM	587200106	458	18,606	SH		SOLE		18,606	0	0
MERCK & CO INC	COM	58933Y105	900	18,223	SH		SOLE		18,223	0	0
MICROSOFT CORP	COM	594918104	12,701	286,970	SH		SOLE		286,970	0	0
MITSUBISHI UFJ FINL GROUP INC	SPONSORED ADR	606822104	1,684	276,496	SH		SOLE		276,496	0	0
MONDELEZ INTL INC CL A	CL A	609207105	488	11,665	SH		SOLE		11,665	0	0
MONSANTO CO	COM	61166W101	254	2,973	SH		SOLE		2,973	0	0
MOODY'S CORP	COM	615369105	252	2,565	SH		SOLE		2,565	0	0
NVR INC	COM	62944T105	401	263	SH		SOLE		263	0	0
NATIONAL PENN BANCSHARES INC	COM	637138108	253	21,528	SH		SOLE		21,528	0	0
NET 1 UEPS TECHNOLOGIES	COM NEW	64107N206	1,812	108,254	SH		SOLE		108,254	0	0
NEXTERA ENERGY INC	COM	65339F101	545	5,588	SH		SOLE		5,588	0	0
NIKE INC CLASS B	CL B	654106103	216	1,760	SH		SOLE		1,760	0	0
NORFOLK SOUTHERN CORP	COM	655844108	215	2,817	SH		SOLE		2,817	0	0
NORTHROP GRUMMAN CORP	COM	666807102	7,427	44,753	SH		SOLE		44,753	0	0
NOVO NORDISK A.S.	ADR	670100205	338	6,231	SH		SOLE		6,231	0	0
OCCIDENTAL PETROLEUM CORP.	COM	674599105	1,038	15,691	SH		SOLE		15,691	0	0
ORACLE CORP	COM	68389X105	448	12,412	SH		SOLE		12,412	0	0
ALLIANT TECHSYSTEM - ORBITAL ATK, INC.	COM	68557N103	211	2,930	SH		SOLE		2,930	0	0
PC CONNECTION INC	COM	69318J100	623	30,072	SH		SOLE		30,072	0	0
PNC FINANCIAL SERVICES GROUP	COM	693475105	10,110	113,336	SH		SOLE		113,336	0	0
PPG INDUSTRIES INC	COM	693506107	299	3,415	SH		SOLE		3,415	0	0
PPL CORP	COM	69351T106	329	9,993	SH		SOLE		9,993	0	0
PACKAGING CORP AMER	COM	695156109	314	5,217	SH		SOLE		5,217	0	0
PATRICK INDS INC.	COM	703343103	539	13,644	SH		SOLE		13,644	0	0
PEPSICO INC	COM	713448108	8,821	93,545	SH		SOLE		93,545	0	0
PETMED EXPRESS INC	COM	716382106	543	33,729	SH		SOLE		33,729	0	0
PFIZER INC	COM	717081103	964	30,686	SH		SOLE		30,686	0	0
PHILIP MORRIS INTL INC	COM	718172109	378	4,768	SH		SOLE		4,768	0	0
PHILLIPS 66	COM	718546104	513	6,682	SH		SOLE		6,682	0	0
POWERSHARES QQQ	UNIT SER 1	73935A104	9,180	90,211	SH		SOLE		90,211	0	0
POWERSHARES DYNAMIC LEISURE & ENTERTAINMENT	DYN LSR & ENT	73935X757	7,386	207,226	SH		SOLE		207,226	0	0
POWERSHARES DYNAMIC FOOD & BEVERAGE	DYN FD & BEV	73935X849	11,564	367,227	SH		SOLE		367,227	0	0
POWERSHARES RUSSELL 1000 EQUAL WEIGHT ETF	1000 EQ WHT PT	73937B571	1,212	53,207	SH		SOLE		53,207	0	0
PRAXAIR INC	COM	74005P104	349	3,425	SH		SOLE		3,425	0	0
T. ROWE PRICE GROUP INC	COM	74144T108	1,856	26,700	SH		SOLE		26,700	0	0
PRIMERICA INC	COM	74164M108	301	6,680	SH		SOLE		6,680	0	0
PROCTER & GAMBLE CO	COM	742718109	1,179	16,382	SH		SOLE		16,382	0	0
PROSHARES ULTRASHORT S&P500	PSHS ULSHT SP500	74347B300	1,722	73,980	SH		SOLE		73,980	0	0
PROSHARES SHORT MSCI EMERGING MKTS	PSHS SH MSCI EMR	74347R396	351	11,750	SH		SOLE		11,750	0	0
PROSHARES SHORT S&P 500	PSHS SHRT S&P500	74347R503	6,624	294,268	SH		SOLE		294,268	0	0
PUBLIC SVC ENTERPRISES GROUP	COM	744573106	578	13,710	SH		SOLE		13,710	0	0
PUBLIC STORAGE INC	COM	74460D109	5,754	27,189	SH		SOLE		27,189	0	0
QUALCOMM INC	COM	747525103	361	6,711	SH		SOLE		6,711	0	0
RESMED INC	COM	761152107	274	5,385	SH		SOLE		5,385	0	0
REYNOLDS AMERICAN INC	COM	761713106	7,892	178,273	SH		SOLE		178,273	0	0
ROYAL BK CDA MONTREAL	COM	780087102	1,621	29,331	SH		SOLE		29,331	0	0
RYANAIR HLDGS PLC	SPONSORED ADR	783513104	1,940	24,774	SH		SOLE		24,774	0	0
SPDR S&P 500 ETF	TR UNIT	78462F103	12,053	62,898	SH		SOLE		62,898	0	0
BARCLAYS CONVERTIBLE SECURITIES SPDR	BRC CNV SECS ETF	78464A359	1,731	38,706	SH		SOLE		38,706	0	0
BARCLAYS HIGH YIELD BOND SPDR	BRC HGH YLD BD	78464A417	3,731	104,639	SH		SOLE		104,639	0	0
SPDR S&P REGIONAL BANK ETF	S&P REGL BKG	78464A698	3,737	90,739	SH		SOLE		90,739	0	0
S&P INSURANCE SPDR	S&P INS ETF	78464A789	10,725	158,837	SH		SOLE		158,837	0	0
SPDR S&P HOMEBUILDERS	S&P HOMEBUILD	78464A888	11,925	348,385	SH		SOLE		348,385	0	0
SPDR S&P MIDCAP 400	UTSER1 S&PDCRP	78467Y107	1,163	4,672	SH		SOLE		4,672	0	0
SANFILIPPO JOHN B & SON INC	COM	800422107	335	6,533	SH		SOLE		6,533	0	0
SANTANDER CONSUMER USA HL INC	COM	80283M101	2,431	119,029	SH		SOLE		119,029	0	0
SAP AG SPONS ADR	SPON ADR	803054204	5,715	88,204	SH		SOLE		88,204	0	0
CONSUMER STAPLES SELECT SECTOR SPDR	SBI CONS STPLS	81369Y308	3,915	82,958	SH		SOLE		82,958	0	0
CONSUMER DISCRETIONARY SELECT SECTOR SPDR	SBI CONS DISCR	81369Y407	12,612	169,842	SH		SOLE		169,842	0	0
SELECT MED HLDGS CORP	COM	81619Q105	276	25,534	SH		SOLE		25,534	0	0
SHIRE PHARMACEUTICALS GROUP PLC	SPONSORED ADR	82481R106	1,502	7,318	SH		SOLE		7,318	0	0
SIMON PROPERTY GROUP INC.	COM	828806109	6,163	33,543	SH		SOLE		33,543	0	0
SNAP-ON INC.	COM	833034101	3,047	20,189	SH		SOLE		20,189	0	0
SPIRIT RLTY CAP INC	COM	84860W102	114	12,500	SH		SOLE		12,500	0	0
STANDEX INTERNATIONL CORP	COM	854231107	221	2,935	SH		SOLE		2,935	0	0
STANLEY BLACK & DECKER INC	COM	854502101	5,820	60,012	SH		SOLE		60,012	0	0
STARBUCK'S CORP	COM	855244109	313	5,507	SH		SOLE		5,507	0	0
STOCK YDS BANCORP INC	COM	861025104	221	6,067	SH		SOLE		6,067	0	0
SUNLIFE FINL INC	COM	866796105	1,701	52,720	SH		SOLE		52,720	0	0
SUNTRUST BANKS	COM	867914103	9,769	255,472	SH		SOLE		255,472	0	0
SYSCO CORP	COM	871829107	249	6,399	SH		SOLE		6,399	0	0
TARGET CORP	COM	87612E106	5,534	70,350	SH		SOLE		70,350	0	0
TELECOM ARGENTINA SA	SPON ADR REP B	879273209	1,391	95,502	SH		SOLE		95,502	0	0
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	5,115	90,589	SH		SOLE		90,589	0	0
TEXAS CAP BANCSHARES INC	COM	88224Q107	381	7,265	SH		SOLE		7,265	0	0
TEXAS INSTRUMENTS INC	COM	882508104	9,440	190,624	SH		SOLE		190,624	0	0
THERMO FISHER SCIENTIFIC	COM	883556102	525	4,297	SH		SOLE		4,297	0	0
THOR INDS INC	COM	885160101	232	4,480	SH		SOLE		4,480	0	0
3M CO.	COM	88579Y101	1,178	8,309	SH		SOLE		8,309	0	0
TIME WARNER INC	COM NEW	887317303	511	7,431	SH		SOLE		7,431	0	0
TIME WARNER CABLE INC	COM	88732J207	4,577	25,519	SH		SOLE		25,519	0	0
TORONTO DOMINION BK	COM NEW	891160509	361	9,154	SH		SOLE		9,154	0	0
TOTAL SA	SPONSORED ADR	89151E109	1,626	36,376	SH		SOLE		36,376	0	0
TOWERS WATSON & CO CL A	CL A	891894107	241	2,056	SH		SOLE		2,056	0	0
TOYOTA MTR CO	SP ADR REP2COM	892331307	1,546	13,183	SH		SOLE		13,183	0	0
TRAVELERS COS INC	COM	89417E109	10,669	107,191	SH		SOLE		107,191	0	0
US BANCORP	COM NEW	902973304	259	6,322	SH		SOLE		6,322	0	0
USANA HEALTH SCIENCES INC	COM	90328M107	348	2,600	SH		SOLE		2,600	0	0
UNIFIRST CORP	COM	904708104	392	3,670	SH		SOLE		3,670	0	0
UNION PACIFIC CORP	COM	907818108	758	8,576	SH		SOLE		8,576	0	0
UNITED PARCEL SVC INC CL B	CL B	911312106	4,427	44,856	SH		SOLE		44,856	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	257	2,884	SH		SOLE		2,884	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	5,788	49,891	SH		SOLE		49,891	0	0
UNIVERSAL INSURANCE HOLDINGS	COM	91359V107	825	27,928	SH		SOLE		27,928	0	0
VCA ANTECH INC	COM	918194101	212	4,033	SH		SOLE		4,033	0	0
VF CORP	COM	918204108	458	6,720	SH		SOLE		6,720	0	0
VANGUARD FTSE DEVELOPED MARKETS ETF	FTSE DEV MKT ETF	921943858	1,024	28,722	SH		SOLE		28,722	0	0
VANGUARD FTSE ALL WORLD EX-US SMALL-CAP	FTSE SMCAP ETF	922042718	258	2,843	SH		SOLE		2,843	0	0
VANGUARD EMERGING MARKETS ETF	FTSE EMR MKT ETF	922042858	4,174	126,152	SH		SOLE		126,152	0	0
VANGUARD REIT	REIT ETF	922908553	343	4,545	SH		SOLE		4,545	0	0
VANGUARD GROWTH ETF	GROWTH ETF	922908736	2,886	28,781	SH		SOLE		28,781	0	0
VERIZON COMMUNICATIONS	COM	92343V104	11,375	261,443	SH		SOLE		261,443	0	0
VIRGIN AMERICA INC.	COM VTG	92765X208	326	9,517	SH		SOLE		9,517	0	0
VISA INC CL A	COM CL A	92826C839	217	3,119	SH		SOLE		3,119	0	0
WNS HLDGS LTD	SPON ADR	92932M101	1,920	68,695	SH		SOLE		68,695	0	0
WEC ENERGY GROUP INC	COM	92939U106	2,877	55,086	SH		SOLE		55,086	0	0
WAL MART STORES INC	COM	931142103	219	3,385	SH		SOLE		3,385	0	0
WALKER & DUNLOP INC.	COM	93148P102	347	13,314	SH		SOLE		13,314	0	0
WELLS FARGO & CO	COM	949746101	12,853	250,310	SH		SOLE		250,310	0	0
WERNER ENTERPRISES INC	COM	950755108	2,299	91,585	SH		SOLE		91,585	0	0
WESTERN REFINING INC	COM	959319104	3,718	84,269	SH		SOLE		84,269	0	0
WHIRLPOOL CORP	COM	963320106	294	1,996	SH		SOLE		1,996	0	0
WILLIAMS COS INC	COM	969457100	5,172	140,351	SH		SOLE		140,351	0	0
WISDOMTREE BLOOMBERG US DOLLAR BULLISH ETF	BLMBG US BULL	97717W471	5,555	192,554	SH		SOLE		192,554	0	0
WISDOMTREE MIDCAP DIVID	MIDCAP DIVI FD	97717W505	7,974	102,679	SH		SOLE		102,679	0	0
WISDOMTREE JAPAN SMALLCAP DIVIDEND	JP SMALLCP DIV	97717W836	4,137	77,465	SH		SOLE		77,465	0	0
WISDOMTREE JAPAN HEDGED EQUITY	JAPN HEDGE EQT	97717W851	6,077	124,884	SH		SOLE		124,884	0	0
ACCENTURE PLC	SHS CLASS A	G1151C101	416	4,234	SH		SOLE		4,234	0	0
DELPHI AUTOMOTIVE PLC	SHS	G27823106	1,627	21,398	SH		SOLE		21,398	0	0
ENDURANCE SPECIALITY HOLDINGS LTD	SHS	G30397106	1,840	30,154	SH		SOLE		30,154	0	0
ESSENT GROUP LTD	COM	G3198U102	1,716	69,070	SH		SOLE		69,070	0	0
FABRINET SHS	SHS	G3323L100	1,721	93,879	SH		SOLE		93,879	0	0
ICON PLC LTD	SHS	G4705A100	1,856	26,152	SH		SOLE		26,152	0	0
MEDTRONIC PLC	SHS	G5960L103	645	9,633	SH		SOLE		9,633	0	0
NIELSEN HOLDINGS PLC	SHS EUR	G6518L108	6,318	142,064	SH		SOLE		142,064	0	0
PERRIGO CO PLC	SHS	G97822103	246	1,565	SH		SOLE		1,565	0	0
ACE LIMITED SHS	SHS	H0023R105	414	4,006	SH		SOLE		4,006	0	0
TRANSOCEAN LTD	REG SHS	H8817H100	1,609	124,543	SH		SOLE		124,543	0	0
CHECK POINT SOFTWARE TECH	ORD	M22465104	1,730	21,808	SH		SOLE		21,808	0	0
TARO PHARMACEUTICAL INDS LTD	SHS	M8737E108	1,662	11,631	SH		SOLE		11,631	0	0
LYONDELLBASELL INDUSTRIES NV	SHS - A -	N53745100	12,868	154,367	SH		SOLE		154,367	0	0
AVAGO TECHNOLOGIES LTD	SHS	Y0486S104	1,827	14,613	SH		SOLE		14,613	0	0
DANAOS CORPORATION	SHS	Y1968P105	1,716	281,773	SH		SOLE		281,773	0	0