CLS Investments 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

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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
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	1,223	8,234	SH		SOLE	1	8,234	0	0
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	26,609	179,123	SH		SOLE	0	172,136	0	6,987
ISHARES INC	MSCI HONG KONG	464286871	579	31,616	SH		SOLE	0	0	0	31,616
ISHARES INC	MSCI JAPAN	464286848	2,939	261,963	SH		SOLE	0	118,000	0	143,963
ISHARES INC	MSCI EMU INDEX	464286608	3,995	123,000	SH		SOLE	1	123,000	0	0
ISHARES INC	MSCI EMU INDEX	464286608	26,442	814,096	SH		SOLE	0	810,200	0	3,896
ISHARES TR	S&P EURO PLUS	464287861	617	15,925	SH		SOLE	0	0	0	15,925
ISHARES TR	CORE S&P MCP ETF	464287507	11,885	102,899	SH		SOLE	0	13,850	0	89,049
ISHARES TR	S&P MC 400 GRW	464287606	219	1,699	SH		SOLE	0	0	0	1,699
ISHARES TR	S&P SMLCP GROW	464287887	43	446	SH		SOLE	0	0	0	446
ISHARES TR	S&P 500 VALUE	464287408	13,423	177,148	SH		SOLE	0	155,535	0	21,613
ISHARES TR	CORE S&P500 ETF	464287200	813	5,055	SH		SOLE	1	5,055	0	0
ISHARES TR	CORE S&P500 ETF	464287200	23,344	145,103	SH		SOLE	0	140,990	0	4,113
ISHARES TR	S&P500 GRW	464287309	22,612	269,163	SH		SOLE	0	248,735	0	20,428
ISHARES TR	RUSSELL1000VAL	464287598	20,167	240,686	SH		SOLE	0	87,000	0	153,686
ISHARES TR	RUSSELL1000GRW	464287614	8,411	115,632	SH		SOLE	1	115,632	0	0
ISHARES TR	RUSSELL1000GRW	464287614	80,891	1,112,052	SH		SOLE	0	727,300	0	384,752
ISHARES TR	RUSSELL 2000	464287655	6,578	67,810	SH		SOLE	0	55,885	0	11,925
ISHARES TR	RUSSELL 3000	464287689	1,388	14,400	SH		SOLE	1	14,400	0	0
ISHARES TR	RUSSELL 3000	464287689	4,714	48,900	SH		SOLE	0	48,900	0	0
ISHARES TR	DJ US REAL EST	464287739	21,166	318,626	SH		SOLE	0	44,500	0	274,126
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	881	4,195	SH		SOLE	1	4,195	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	10,039	47,781	SH		SOLE	0	42,700	0	5,081
SPDR S&P 500 ETF TR	TR UNIT	78462F103	6,156	38,374	SH		SOLE	1	38,374	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	44,694	278,607	SH		SOLE	0	272,800	0	5,807
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	0	2	SH		SOLE	0	0	0	2
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	2,098	18,745	SH		SOLE	1	18,745	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	11,506	102,807	SH		SOLE	0	101,200	0	1,607
TEVA PHARMACEUTICAL INDS LTD	ADR	881624209	8	200	SH		SOLE	0	0	0	200
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	8,399	117,852	SH		SOLE	1	117,852	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	39,512	554,392	SH		SOLE	0	546,650	0	7,742
CONAGRA FOODS INC	COM	205887102	186	5,336	SH		SOLE	0	0	0	5,336
ALTRIA GROUP INC	COM	02209S103	11	315	SH		SOLE	0	0	0	315
HORMEL FOODS CORP	COM	440452100	360	9,330	SH		SOLE	0	0	0	9,330
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	175	3,512	SH		SOLE	0	0	0	3,512
INTEL CORP	COM	458140100	207	8,524	SH		SOLE	0	0	0	8,524
ISHARES TR	RUSL 2000 GROW	464287648	1,896	17,000	SH		SOLE	0	17,000	0	0
QUALCOMM INC	COM	747525103	462	7,555	SH		SOLE	0	0	0	7,555
DISNEY WALT CO	COM DISNEY	254687106	382	6,053	SH		SOLE	0	0	0	6,053
HONEYWELL INTL INC	COM	438516106	201	2,535	SH		SOLE	0	0	0	2,535
JOHNSON & JOHNSON	COM	478160104	200	2,329	SH		SOLE	0	0	0	2,329
PFIZER INC	COM	717081103	210	7,494	SH		SOLE	0	0	0	7,494
ISHARES TR	DJ OIL EQUIP	464288844	510	9,000	SH		SOLE	0	9,000	0	0
ISHARES TR	MSCI EAFE INDEX	464287465	7,864	137,236	SH		SOLE	1	137,236	0	0
ISHARES TR	MSCI EAFE INDEX	464287465	47,656	831,692	SH		SOLE	0	809,745	0	21,947
CHEVRON CORP NEW	COM	166764100	52	443	SH		SOLE	0	0	0	443
UNITED PARCEL SERVICE INC	CL B	911312106	183	2,122	SH		SOLE	0	0	0	2,122
CITIGROUP INC	COM NEW	172967424	13	262	SH		SOLE	0	0	0	262
CA INC	COM	12673P105	29	1,019	SH		SOLE	0	0	0	1,019
CISCO SYS INC	COM	17275R102	2	92	SH		SOLE	0	0	0	92
INTERNATIONAL BUSINESS MACHS	COM	459200101	11	57	SH		SOLE	0	0	0	57
LOCKHEED MARTIN CORP	COM	539830109	27	246	SH		SOLE	0	0	0	246
PEPSICO INC	COM	713448108	358	4,380	SH		SOLE	0	0	0	4,380
PPG INDS INC	COM	693506107	9	59	SH		SOLE	0	0	0	59
VERIZON COMMUNICATIONS INC	COM	92343V104	187	3,718	SH		SOLE	0	0	0	3,718
ISHARES INC	MSCI AUSTRALIA	464286103	1,739	77,000	SH		SOLE	0	77,000	0	0
ISHARES INC	MSCI GERMAN	464286806	2,891	117,046	SH		SOLE	0	63,300	0	53,746
ISHARES INC	MSCI ITALY CAPP	464286855	1,181	100,000	SH		SOLE	0	100,000	0	0
ISHARES INC	MSCI CDA INDEX	464286509	143	5,482	SH		SOLE	1	5,482	0	0
ISHARES INC	MSCI CDA INDEX	464286509	3,075	117,598	SH		SOLE	0	114,000	0	3,598
ISHARES TR	RUSSELL MIDCAP	464287499	272	2,093	SH		SOLE	1	2,093	0	0
ISHARES TR	RUSSELL MIDCAP	464287499	3,422	26,343	SH		SOLE	0	19,000	0	7,343
ISHARES TR	RUSSELL MCP GR	464287481	13,959	194,550	SH		SOLE	0	52,000	0	142,550
ISHARES TR	RUSSELL MCP VL	464287473	1,332	23,000	SH		SOLE	0	23,000	0	0
ISHARES TR	S&P GLB100INDX	464287572	9,843	145,700	SH		SOLE	1	145,700	0	0
ISHARES TR	S&P GLB100INDX	464287572	35,428	524,400	SH		SOLE	0	524,400	0	0
ISHARES TR	S&P GBL ENER	464287341	186	4,856	SH		SOLE	1	4,856	0	0
ISHARES TR	S&P GBL ENER	464287341	5,918	154,599	SH		SOLE	0	150,000	0	4,599
ISHARES TR	S&P GBL HLTHCR	464287325	3,859	52,000	SH		SOLE	0	52,000	0	0
ISHARES TR	S&P GBL INF	464287291	3,560	51,000	SH		SOLE	0	51,000	0	0
ISHARES TR	DJ US ENERGY	464287796	782	17,567	SH		SOLE	0	0	0	17,567
ISHARES TR	DJ US FINL SEC	464287788	5,007	70,000	SH		SOLE	0	70,000	0	0
ISHARES TR	DJ US HEALTHCR	464287762	16,468	164,363	SH		SOLE	0	150,000	0	14,363
ISHARES TR	DJ US INDUSTRL	464287754	6,800	82,000	SH		SOLE	0	82,000	0	0
ISHARES TR	DJ US TELECOMM	464287713	2,792	108,000	SH		SOLE	0	108,000	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	997	26,000	SH		SOLE	0	26,000	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	11,301	144,328	SH		SOLE	1	144,328	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	47,807	610,560	SH		SOLE	0	606,800	0	3,760
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	10,815	556,165	SH		SOLE	1	556,165	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	39,683	2,040,762	SH		SOLE	0	2,031,707	0	9,055
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	498	11,682	SH		SOLE	1	11,682	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	5,791	135,800	SH		SOLE	0	135,800	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	10,536	344,476	SH		SOLE	1	344,476	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	40,037	1,309,043	SH		SOLE	0	1,307,500	0	1,543
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	3,820	96,300	SH		SOLE	1	96,300	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	14,625	368,676	SH		SOLE	0	368,675	0	1
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	4,042	84,900	SH		SOLE	1	84,900	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	13,964	293,301	SH		SOLE	0	293,300	0	1
ISHARES TR	S&P NA TECH FD	464287549	1,265	17,000	SH		SOLE	0	17,000	0	0
ISHARES INC	MSCI SINGAPORE	464286673	1,752	137,000	SH		SOLE	0	137,000	0	0
ISHARES INC	MSCI TAIWAN	464286731	2,227	167,432	SH		SOLE	0	167,000	0	432
ISHARES INC	MSCI UTD KINGD	464286699	918	52,000	SH		SOLE	0	52,000	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	21,310	321,897	SH		SOLE	1	321,897	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	98,216	1,483,633	SH		SOLE	0	1,152,316	0	331,317
WALGREEN CO	COM	931422109	323	7,302	SH		SOLE	0	0	0	7,302
AMETEK INC NEW	COM	031100100	7	157	SH		SOLE	0	0	0	157
BANK OF AMERICA CORPORATION	COM	060505104	25	1,960	SH		SOLE	0	0	0	1,960
EXXON MOBIL CORP	COM	30231G102	478	5,296	SH		SOLE	0	5,000	0	296
AFLAC INC	COM	001055102	339	5,827	SH		SOLE	0	0	0	5,827
UNION PAC CORP	COM	907818108	241	1,562	SH		SOLE	0	0	0	1,562
BAXTER INTL INC	COM	071813109	7	100	SH		SOLE	0	0	0	100
COSTCO WHSL CORP NEW	COM	22160K105	13	121	SH		SOLE	0	0	0	121
CVS CAREMARK CORPORATION	COM	126650100	354	6,194	SH		SOLE	0	0	0	6,194
STATE STR CORP	COM	857477103	345	5,289	SH		SOLE	0	0	0	5,289
DIAGEO P L C	SPON ADR NEW	25243Q205	177	1,540	SH		SOLE	0	0	0	1,540
GENERAL ELECTRIC CO	COM	369604103	167	7,217	SH		SOLE	0	7,000	0	217
KIMBERLY CLARK CORP	COM	494368103	167	1,715	SH		SOLE	0	0	0	1,715
HARLEY DAVIDSON INC	COM	412822108	712	12,980	SH		SOLE	0	0	0	12,980
NIKE INC	CL B	654106103	11	180	SH		SOLE	0	0	0	180
LEVEL 3 COMMUNICATIONS INC	COM NEW	52729N308	20	938	SH		SOLE	0	0	0	938
MONDELEZ INTL INC	CL A	609207105	102	3,583	SH		SOLE	0	0	0	3,583
PRICELINE COM INC	COM NEW	741503403	7	9	SH		SOLE	0	0	0	9
WELLS FARGO & CO NEW	COM	949746101	98	2,370	SH		SOLE	0	0	0	2,370
ISHARES TR	BARCLYS 1-3 YR	464287457	477	5,664	SH		SOLE	1	5,664	0	0
ISHARES TR	BARCLYS 1-3 YR	464287457	23,799	282,380	SH		SOLE	0	270,200	0	12,180
ISHARES TR	BARCLYS 7-10 YR	464287440	6	58	SH		SOLE	0	0	0	58
ISHARES TR	IBOXX INV CPBD	464287242	2,012	17,700	SH		SOLE	1	17,700	0	0
ISHARES TR	IBOXX INV CPBD	464287242	34,866	306,787	SH		SOLE	0	131,775	0	175,012
FISERV INC	COM	337738108	7	85	SH		SOLE	0	0	0	85
FORD MTR CO DEL	COM PAR $0.01	345370860	84	5,462	SH		SOLE	0	0	0	5,462
UNITEDHEALTH GROUP INC	COM	91324P102	368	5,618	SH		SOLE	0	0	0	5,618
TEMPLETON GLOBAL INCOME FD	COM	880198106	6	642	SH		SOLE	0	0	0	642
SOUTHWEST AIRLS CO	COM	844741108	292	22,645	SH		SOLE	0	0	0	22,645
ENCANA CORP	COM	292505104	2	105	SH		SOLE	0	0	0	105
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	11	155	SH		SOLE	0	0	0	155
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	5,301	64,119	SH		SOLE	1	64,119	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	21,410	258,976	SH		SOLE	0	258,300	0	676
WASTE MGMT INC DEL	COM	94106L109	169	4,200	SH		SOLE	0	0	0	4,200
CONOCOPHILLIPS	COM	20825C104	256	4,239	SH		SOLE	0	1,500	0	2,739
APPLE INC	COM	037833100	249	627	SH		SOLE	0	0	0	627
AMERICAN STRATEGIC INCOME II	COM	03009T101	8	1,126	SH		SOLE	0	0	0	1,126
IDEXX LABS INC	COM	45168D104	5	60	SH		SOLE	0	0	0	60
ISHARES TR	MSCI EMERG MKT	464287234	1,448	37,600	SH		SOLE	1	37,600	0	0
ISHARES TR	MSCI EMERG MKT	464287234	10,332	268,352	SH		SOLE	0	196,025	0	72,327
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	6,127	100,000	SH		SOLE	0	100,000	0	0
CELGENE CORP	COM	151020104	407	3,477	SH		SOLE	0	0	0	3,477
SKYWORKS SOLUTIONS INC	COM	83088M102	321	14,671	SH		SOLE	0	0	0	14,671
ISHARES TR	S&P NA MULTIMD	464287531	1,781	62,000	SH		SOLE	0	62,000	0	0
ISHARES TR	PHLX SOX SEMICND	464287523	3,112	49,000	SH		SOLE	0	49,000	0	0
ISHARES TR	S&P NA SOFTWR	464287515	2,434	35,804	SH		SOLE	1	35,804	0	0
ISHARES TR	S&P NA SOFTWR	464287515	17,355	255,300	SH		SOLE	0	255,300	0	0
ISHARES TR	S&P 100 IDX FD	464287101	1,374	19,100	SH		SOLE	1	19,100	0	0
ISHARES TR	S&P 100 IDX FD	464287101	42,917	596,481	SH		SOLE	0	262,000	0	334,481
BROWN & BROWN INC	COM	115236101	313	9,693	SH		SOLE	0	0	0	9,693
FLUOR CORP NEW	COM	343412102	342	5,762	SH		SOLE	0	0	0	5,762
NATIONAL OILWELL VARCO INC	COM	637071101	304	4,418	SH		SOLE	0	0	0	4,418
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	13	600	SH		SOLE	0	0	0	600
EASTMAN CHEM CO	COM	277432100	2	31	SH		SOLE	0	0	0	31
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	23,529	606,503	SH		SOLE	0	147,000	0	459,503
ISHARES TR	MSCI ACJPN IDX	464288182	6,189	113,000	SH		SOLE	0	113,000	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	674	4	SH		SOLE	0	0	0	4
O REILLY AUTOMOTIVE INC NEW	COM	67103H107	8	75	SH		SOLE	0	0	0	75
ISHARES TR	CORE TOTUSBD ETF	464287226	697	6,500	SH		SOLE	1	6,500	0	0
ISHARES TR	CORE TOTUSBD ETF	464287226	14,406	134,372	SH		SOLE	0	117,226	0	17,146
CADENCE DESIGN SYSTEM INC	COM	127387108	359	24,766	SH		SOLE	0	0	0	24,766
ISHARES TR	DJ SEL DIV INX	464287168	5,287	82,604	SH		SOLE	0	0	0	82,604
ISHARES TR	BARCLYS TIPS BD	464287176	1,620	14,460	SH		SOLE	0	13,000	0	1,460
ALLIANCEBERNSTEIN GBL HGH IN	COM	01879R106	3	176	SH		SOLE	0	0	0	176
BLACKROCK SR HIGH INCOME FD	COM	09255T109	2	442	SH		SOLE	0	0	0	442
CLOROX CO DEL	COM	189054109	170	2,046	SH		SOLE	0	0	0	2,046
SUBURBAN PROPANE PARTNERS L	UNIT LTD PARTN	864482104	13	270	SH		SOLE	0	0	0	270
WEYERHAEUSER CO	COM	962166104	149	5,239	SH		SOLE	0	0	0	5,239
ISHARES TR	LRGE CORE INDX	464287127	7,034	73,000	SH		SOLE	0	73,000	0	0
ISHARES TR	MID CORE INDEX	464288208	123	1,106	SH		SOLE	0	0	0	1,106
EATON CORP PLC	SHS	G29183103	215	3,265	SH		SOLE	0	0	0	3,265
ISHARES TR	LRGE GRW INDX	464287119	6,978	85,000	SH		SOLE	0	85,000	0	0
ISHARES TR	LARGE VAL INDX	464288109	9,964	137,000	SH		SOLE	0	137,000	0	0
RYDER SYS INC	COM	783549108	364	5,994	SH		SOLE	0	0	0	5,994
JACOBS ENGR GROUP INC DEL	COM	469814107	316	5,737	SH		SOLE	0	0	0	5,737
SNAP ON INC	COM	833034101	183	2,047	SH		SOLE	0	0	0	2,047
CBIZ INC	COM	124805102	10	1,544	SH		SOLE	0	0	0	1,544
SOUTHERN COPPER CORP	COM	84265V105	3	93	SH		SOLE	0	0	0	93
MAGNA INTL INC	COM	559222401	431	6,057	SH		SOLE	0	0	0	6,057
ISHARES TR	FTSE CHINA25 IDX	464287184	69	2,118	SH		SOLE	0	0	0	2,118
SYNAPTICS INC	COM	87157D109	306	7,936	SH		SOLE	0	0	0	7,936
DST SYS INC DEL	COM	233326107	313	4,798	SH		SOLE	0	0	0	4,798
POWERSHARES ETF TRUST	DYNAMIC MKT PT	73935X104	3,757	67,000	SH		SOLE	0	67,000	0	0
AMPHENOL CORP NEW	CL A	032095101	8	100	SH		SOLE	0	0	0	100
CHICAGO BRIDGE & IRON CO N V	N Y REGISTRY SH	167250109	0	0	SH		SOLE	0	0	0	0
ISHARES TR	S&PCITI1-3YRTB	464288125	514	5,600	SH		SOLE	0	5,600	0	0
GOOGLE INC	CL A	38259P508	375	426	SH		SOLE	0	0	0	426
SPDR GOLD TRUST	GOLD SHS	78463V107	20	169	SH		SOLE	0	0	0	169
VANGUARD INTL EQUITY INDEX F	MEGA CAP GRO ETF	922042866	1,340	24,000	SH		SOLE	0	24,000	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	54	478	SH		SOLE	0	0	0	478
VANGUARD INDEX FDS	VALUE ETF	922908744	1,882	27,833	SH		SOLE	1	27,833	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	18,541	274,231	SH		SOLE	0	215,950	0	58,281
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	941	10,887	SH		SOLE	0	0	0	10,887
VANGUARD INDEX FDS	MID CAP ETF	922908629	515	5,418	SH		SOLE	0	0	0	5,418
AK STL HLDG CORP	COM	001547108	3	1,000	SH		SOLE	0	0	0	1,000
VANGUARD INDEX FDS	REIT ETF	922908553	201	2,926	SH		SOLE	0	0	0	2,926
SEALED AIR CORP NEW	COM	81211K100	292	12,205	SH		SOLE	0	0	0	12,205
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	9	114	SH		SOLE	0	0	0	114
VANGUARD INDEX FDS	SMALL CP ETF	922908751	397	4,233	SH		SOLE	1	4,233	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	13,260	141,502	SH		SOLE	0	38,400	0	103,102
VANGUARD INDEX FDS	GROWTH ETF	922908736	654	8,371	SH		SOLE	1	8,371	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	22,415	286,818	SH		SOLE	0	160,540	0	126,278
POWERSHARES ETF TRUST	DYN PHRMA PORT	73935X799	3,085	73,000	SH		SOLE	0	73,000	0	0
B/E AEROSPACE INC	COM	073302101	291	4,606	SH		SOLE	0	0	0	4,606
HALCON RES CORP	COM NEW	40537Q209	96	16,914	SH		SOLE	0	0	0	16,914
REPUBLIC SVCS INC	COM	760759100	358	10,552	SH		SOLE	0	0	0	10,552
DYCOM INDS INC	COM	267475101	739	31,948	SH		SOLE	0	0	0	31,948
FOSTER WHEELER AG	COM	H27178104	2	100	SH		SOLE	0	0	0	100
MOSAIC CO NEW	COM	61945C103	289	5,362	SH		SOLE	0	0	0	5,362
WOLVERINE WORLD WIDE INC	COM	978097103	6	115	SH		SOLE	0	0	0	115
ALPHA NATURAL RESOURCES INC	COM	02076X102	1	100	SH		SOLE	0	0	0	100
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	335	3,259	SH		SOLE	0	0	0	3,259
TENNECO INC	COM	880349105	352	7,784	SH		SOLE	0	0	0	7,784
ROCK-TENN CO	CL A	772739207	11	115	SH		SOLE	0	0	0	115
GUESS INC	COM	401617105	304	9,807	SH		SOLE	0	0	0	9,807
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	259	9,855	SH		SOLE	0	0	0	9,855
NRG ENERGY INC	COM NEW	629377508	3	100	SH		SOLE	0	0	0	100
POWERSHARES ETF TRUST	S&P 500 HGH QLTY	73935X682	563	31,500	SH		SOLE	1	31,500	0	0
POWERSHARES ETF TRUST	S&P 500 HGH QLTY	73935X682	7,680	430,000	SH		SOLE	0	430,000	0	0
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	1,080	16,291	SH		SOLE	1	16,291	0	0
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	9,766	147,300	SH		SOLE	0	147,300	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	264	3,124	SH		SOLE	0	0	0	3,124
ISHARES TR	MSCI GRW IDX	464288885	4,446	72,002	SH		SOLE	0	0	0	72,002
POWERSHARES ETF TRUST	FTSE RAFI 1000	73935X583	16	229	SH		SOLE	0	0	0	229
GREAT NORTHN IRON ORE PPTYS	CTFS BEN INT	391064102	1	15	SH		SOLE	0	0	0	15
WASTE CONNECTIONS INC	COM	941053100	4	105	SH		SOLE	0	0	0	105
FUEL TECH INC	COM	359523107	0	100	SH		SOLE	0	0	0	100
SILVER WHEATON CORP	COM	828336107	7	352	SH		SOLE	0	0	0	352
SPDR SERIES TRUST	S&P CAP MKTS	78464A771	1,918	48,000	SH		SOLE	0	48,000	0	0
NUVEEN CALIF PERFORM PLUS MU	COM	67062Q106	97	6,668	SH		SOLE	0	0	0	6,668
ROYAL BK CDA MONTREAL QUE	COM	780087102	136	2,328	SH		SOLE	0	0	0	2,328
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935S105	338	13,441	SH		SOLE	1	13,441	0	0
POWERSHARES DB CMDTY IDX TRA	UNIT BEN INT	73935S105	6,087	242,208	SH		SOLE	0	242,000	0	208
POWERSHARES ETF TRUST	DYN LSR & ENT	73935X757	2,013	72,000	SH		SOLE	0	72,000	0	0
RYDEX ETF TRUST	GUG RUSS TOP 50	78355W205	3,356	29,500	SH		SOLE	0	29,500	0	0
MOOG INC	CL A	615394202	356	6,906	SH		SOLE	0	0	0	6,906
ATWOOD OCEANICS INC	COM	050095108	10	200	SH		SOLE	0	0	0	200
VANGUARD WORLD FDS	INF TECH ETF	92204A702	233	3,149	SH		SOLE	0	0	0	3,149
SPDR SERIES TRUST	S&P BIOTECH	78464A870	354	3,400	SH		SOLE	0	3,400	0	0
SPDR SERIES TRUST	S&P HOMEBUILD	78464A888	712	24,200	SH		SOLE	1	24,200	0	0
SPDR SERIES TRUST	S&P HOMEBUILD	78464A888	2,354	80,000	SH		SOLE	0	80,000	0	0
SPDR INDEX SHS FDS	STOXX EUR 50 ETF	78463X103	652	19,744	SH		SOLE	0	0	0	19,744
SPDR SERIES TRUST	NUVN BR SHT MUNI	78464A425	2,212	92,560	SH		SOLE	0	0	0	92,560
MARKET VECTORS ETF TR	GOLD MINER ETF	57060U100	1,641	67,000	SH		SOLE	0	67,000	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	1,011	21,000	SH		SOLE	1	21,000	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	19,429	403,682	SH		SOLE	0	70,000	0	333,682
ISHARES TR	NYSE 100INX FD	464287135	1,504	20,000	SH		SOLE	0	20,000	0	0
CDN IMPERIAL BK OF COMMERCE	COM	136069101	181	2,543	SH		SOLE	0	0	0	2,543
SEABRIDGE GOLD INC	COM	811916105	1	100	SH		SOLE	0	0	0	100
KIRBY CORP	COM	497266106	327	4,116	SH		SOLE	0	0	0	4,116
ISHARES TR	DJ INS INDX FD	464288786	7,172	176,000	SH		SOLE	0	176,000	0	0
WISDOMTREE TRUST	EUROPE SMCP DV	97717W869	2,119	50,000	SH		SOLE	0	50,000	0	0
ISHARES TR	DJ MED DEVICES	464288810	7,303	93,000	SH		SOLE	0	93,000	0	0
WISDOMTREE TRUST	INTL SMCAP DIV	97717W760	5,851	112,000	SH		SOLE	0	112,000	0	0
MARKET VECTORS ETF TR	HG YLD MUN ETF	57060U878	518	16,933	SH		SOLE	0	0	0	16,933
PROSHARES TR	PSHS SHORT DOW30	74347R701	3,691	124,600	SH		SOLE	0	124,600	0	0
WISDOMTREE TRUST	DEFA FD	97717W703	162	3,510	SH		SOLE	0	0	0	3,510
WISDOMTREE TRUST	JAPN HEDGE EQT	97717W851	11,248	246,622	SH		SOLE	0	46,000	0	200,622
WISDOMTREE TRUST	MIDCAP DIVI FD	97717W505	2,194	33,458	SH		SOLE	0	0	0	33,458
WISDOMTREE TRUST	SMALLCAP DIVID	97717W604	1,836	31,461	SH		SOLE	0	0	0	31,461
FIDELITY COMWLTH TR	NDQ CP IDX TRK	315912808	40	300	SH		SOLE	0	0	0	300
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	6,281	85,561	SH		SOLE	1	85,561	0	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	27,473	374,237	SH		SOLE	0	350,300	0	23,937
IHS INC	CL A	451734107	7	70	SH		SOLE	0	0	0	70
ISHARES TR	DJ HEALTH CARE	464288828	2,100	25,000	SH		SOLE	0	25,000	0	0
ISHARES TR	DJ PHARMA INDX	464288836	2,053	20,600	SH		SOLE	1	20,600	0	0
ISHARES TR	DJ PHARMA INDX	464288836	7,354	73,800	SH		SOLE	0	73,800	0	0
POWERSHARES ETF TR II	EMRG MKTS INFR	73937B209	1,676	47,000	SH		SOLE	0	47,000	0	0
TELEDYNE TECHNOLOGIES INC	COM	879360105	4	50	SH		SOLE	0	0	0	50
CLAYMORE EXCHANGE TRD FD TR	GUG MULTI ASSET	18383M506	2,805	121,000	SH		SOLE	0	121,000	0	0
POWERSHARES ETF TRUST	GBL LSTD PVT EQT	73935X195	4,931	452,000	SH		SOLE	0	452,000	0	0
POWERSHARES ETF TRUST	INTL DIV ACHV	73935X716	10,520	643,600	SH		SOLE	1	643,600	0	0
POWERSHARES ETF TRUST	INTL DIV ACHV	73935X716	37,501	2,294,330	SH		SOLE	0	2,294,330	0	0
SPDR SERIES TRUST	S&P METALS MNG	78464A755	1	18	SH		SOLE	0	0	0	18
NORTHERN DYNASTY MINERALS LT	COM NEW	66510M204	1	278	SH		SOLE	0	0	0	278
POWERSHS DB MULTI SECT COMM	PS DB AGRICUL FD	73936B408	498	20,000	SH		SOLE	0	20,000	0	0
VANGUARD INDEX FDS	MCAP GR IDXVIP	922908538	2,239	28,654	SH		SOLE	0	0	0	28,654
SPDR SERIES TRUST	S&P REGL BKG	78464A698	2,507	74,000	SH		SOLE	0	74,000	0	0
SPDR SERIES TRUST	S&P INS ETF	78464A789	815	15,100	SH		SOLE	1	15,100	0	0
SPDR SERIES TRUST	S&P INS ETF	78464A789	5,128	95,000	SH		SOLE	0	95,000	0	0
SPDR SERIES TRUST	S&P BK ETF	78464A797	894	31,116	SH		SOLE	0	28,500	0	2,616
POWERSHARES ETF TRUST	DYN FD & BEV	73935X849	2,647	108,000	SH		SOLE	0	108,000	0	0
SPDR SERIES TRUST	OILGAS EQUIP	78464A748	4,190	107,000	SH		SOLE	0	107,000	0	0
PROSHARES TR	PSHS SHRT S&P500	74347R503	24,268	817,388	SH		SOLE	0	807,000	0	10,388
PROSHARES TR	PSHS SHTRUSS2000	74347R826	3,033	147,000	SH		SOLE	0	147,000	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	1,366	30,900	SH		SOLE	1	30,900	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	5,701	128,935	SH		SOLE	0	111,500	0	17,435
HSBC HLDGS PLC	ADR A 1/40PF A	404280604	18	705	SH		SOLE	0	0	0	705
POWERSHARES ETF TRUST	FINL PFD PTFL	73935X229	5,053	282,475	SH		SOLE	0	282,475	0	0
RYDEX ETF TRUST	GUG S&P500 PU VA	78355W304	3,294	81,000	SH		SOLE	0	81,000	0	0
ISHARES TR	BARCLYS SH TREA	464288679	1,984	18,000	SH		SOLE	0	18,000	0	0
ISHARES TR	HIGH YLD CORP	464288513	2,425	26,686	SH		SOLE	1	26,686	0	0
ISHARES TR	HIGH YLD CORP	464288513	37,792	415,843	SH		SOLE	0	303,580	0	112,263
ISHARES TR	BARCLYS CR BD	464288620	2,695	25,078	SH		SOLE	1	25,078	0	0
ISHARES TR	BARCLYS CR BD	464288620	27,285	253,932	SH		SOLE	0	191,650	0	62,282
ISHARES TR	BARCLYS 1-3YR CR	464288646	2,510	23,900	SH		SOLE	1	23,900	0	0
ISHARES TR	BARCLYS 1-3YR CR	464288646	35,882	341,635	SH		SOLE	0	184,300	0	157,335
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	126	1,570	SH		SOLE	0	0	0	1,570
POWERSHS DB MULTI SECT COMM	DB BASE METALS	73936B705	356	22,000	SH		SOLE	0	22,000	0	0
FIRST TR EXCHANGE TRADED FD	DJ INTERNT IDX	33733E302	3,904	86,000	SH		SOLE	0	86,000	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	7,279	89,996	SH		SOLE	0	85,885	0	4,111
POWERSHS DB MULTI SECT COMM	DB OIL FUND	73936B507	804	31,000	SH		SOLE	0	31,000	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG SPINOFF ETF	18383M605	2,770	75,000	SH		SOLE	0	75,000	0	0
ISHARES TR	S&P GL INDUSTR	464288729	3,233	55,000	SH		SOLE	0	55,000	0	0
ISHARES TR	BARCLYS MBS BD	464288588	850	8,080	SH		SOLE	0	5,475	0	2,605
ISHARES TR	US PFD STK IDX	464288687	4,697	119,588	SH		SOLE	1	119,588	0	0
ISHARES TR	US PFD STK IDX	464288687	60,798	1,547,817	SH		SOLE	0	869,075	0	678,742
ISHARES TR	DJ INTL SEL DIVD	464288448	7,321	230,000	SH		SOLE	0	230,000	0	0
WISDOMTREE TRUST	EMERG MKTS ETF	97717W315	3,552	73,500	SH		SOLE	1	73,500	0	0
WISDOMTREE TRUST	EMERG MKTS ETF	97717W315	13,740	284,300	SH		SOLE	0	254,200	0	30,100
POWERSHS DB MULTI SECT COMM	DB GOLD FUND	73936B606	1,667	40,000	SH		SOLE	0	40,000	0	0
ISHARES TR	BARCLYS 3-7 YR	464288661	6,641	55,000	SH		SOLE	0	55,000	0	0
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	846	15,000	SH		SOLE	0	15,000	0	0
ISHARES TR	S&P NTL AMTFREE	464288414	6,492	61,808	SH		SOLE	0	24,775	0	37,033
SPDR SERIES TRUST	NUVN BRCLY MUNI	78464A458	3,316	145,079	SH		SOLE	0	0	0	145,079
SPDR INDEX SHS FDS	EUROPE ETF	78463X608	24	648	SH		SOLE	0	0	0	648
MARKET VECTORS ETF TR	AGRIBUS ETF	57060U605	5,918	115,600	SH		SOLE	1	115,600	0	0
MARKET VECTORS ETF TR	AGRIBUS ETF	57060U605	20,087	392,400	SH		SOLE	0	392,400	0	0
FIRST MAJESTIC SILVER CORP	COM	32076V103	6	558	SH		SOLE	0	0	0	558
RESOLUTE FST PRODS INC	COM	76117W109	0	6	SH		SOLE	0	0	0	6
SPDR SERIES TRUST	BRCLYS INTL ETF	78464A516	114	2,023	SH		SOLE	0	0	0	2,023
CLAYMORE EXCHANGE TRD FD TR	GUGG TIMBER ETF	18383Q879	3,212	148,000	SH		SOLE	0	148,000	0	0
POWERSHARES GLOBAL ETF TRUST	SOVEREIGN DEBT	73936T573	6,213	227,504	SH		SOLE	0	0	0	227,504
WISDOMTREE TRUST	EMG MKTS SMCAP	97717W281	154	3,350	SH		SOLE	1	3,350	0	0
WISDOMTREE TRUST	EMG MKTS SMCAP	97717W281	1,261	27,400	SH		SOLE	0	27,400	0	0
ISHARES TR	JPMORGAN USD	464288281	268	2,443	SH		SOLE	1	2,443	0	0
ISHARES TR	JPMORGAN USD	464288281	6,595	60,212	SH		SOLE	0	38,015	0	22,197
CLAYMORE EXCHANGE TRD FD TR	GUGGEN DEFN EQTY	18383M878	386	11,850	SH		SOLE	1	11,850	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGGEN DEFN EQTY	18383M878	1,530	47,000	SH		SOLE	0	47,000	0	0
GREENHAVEN CONT CMDTY INDEX	UNIT BEN INT	395258106	4,562	176,900	SH		SOLE	1	176,900	0	0
GREENHAVEN CONT CMDTY INDEX	UNIT BEN INT	395258106	16,255	630,300	SH		SOLE	0	630,300	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	12,919	572,652	SH		SOLE	0	88,000	0	484,652
SPDR SERIES TRUST	NUVN CALI MUNI	78464A441	169	7,570	SH		SOLE	0	0	0	7,570
ISHARES TR	EPRA/NAR DEV R/E	464288489	1,225	39,078	SH		SOLE	0	0	0	39,078
ISHARES TR	BARCLYS INTER CR	464288638	409	3,800	SH		SOLE	1	3,800	0	0
ISHARES TR	BARCLYS INTER CR	464288638	22,221	206,293	SH		SOLE	0	192,255	0	14,038
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	1,534	38,850	SH		SOLE	1	38,850	0	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	6,932	175,526	SH		SOLE	0	175,000	0	526
POWERSHARES GLOBAL ETF FD	S&P 500 BUYWRT	73936G308	1,453	72,125	SH		SOLE	0	72,125	0	0
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	9,182	152,000	SH		SOLE	0	152,000	0	0
REVENUESHARES ETF TR	LARGECAP FD	761396100	4,245	135,202	SH		SOLE	1	135,202	0	0
REVENUESHARES ETF TR	LARGECAP FD	761396100	17,107	544,800	SH		SOLE	0	544,800	0	0
VISA INC	COM CL A	92826C839	79	433	SH		SOLE	0	0	0	433
SPDR SERIES TRUST	DB INT GVT ETF	78464A490	4,711	81,823	SH		SOLE	0	73,675	0	8,148
PHILIP MORRIS INTL INC	COM	718172109	11	125	SH		SOLE	0	0	0	125
ISHARES TR	MSCI ACWI EX	464288240	949	23,323	SH		SOLE	1	23,323	0	0
ISHARES TR	MSCI ACWI EX	464288240	8,591	211,031	SH		SOLE	0	211,031	0	0
FIRST TR US IPO INDEX FD	SHS	336920103	1,730	48,000	SH		SOLE	0	48,000	0	0
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	4,530	82,899	SH		SOLE	1	82,899	0	0
VANGUARD WORLD FD	MEGA CAP INDEX	921910873	15,029	275,000	SH		SOLE	0	275,000	0	0
MARKET VECTORS ETF TR	GAMING ETF	57060U829	1,170	29,000	SH		SOLE	0	29,000	0	0
POWERSHARES GLOBAL ETF TRUST	AGG PFD PORT	73936T565	2,493	174,700	SH		SOLE	0	174,700	0	0
POWERSHARES GLOBAL ETF TRUST	FDM HG YLD RAFI	73936T557	150	8,039	SH		SOLE	0	0	0	8,039
SPDR SERIES TRUST	S&P PHARMAC	78464A722	1,128	16,000	SH		SOLE	1	16,000	0	0
SPDR SERIES TRUST	S&P PHARMAC	78464A722	3,849	54,600	SH		SOLE	0	54,600	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	36	500	SH		SOLE	0	500	0	0
FIRST TR EXCHANGE TRADED FD	NASDAQ 100 EX	33733E401	1,382	47,000	SH		SOLE	0	47,000	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG FRNTR MKT	18383Q838	128	7,963	SH		SOLE	1	7,963	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG FRNTR MKT	18383Q838	1,145	71,354	SH		SOLE	0	71,354	0	0
MONOTYPE IMAGING HOLDINGS IN	COM	61022P100	6	245	SH		SOLE	0	0	0	245
ENTERPRISE FINL SVCS CORP	COM	293712105	32	1,995	SH		SOLE	0	0	0	1,995
INTERVAL LEISURE GROUP INC	COM	46113M108	6	285	SH		SOLE	0	0	0	285
ISHARES TR	AGENCY BD FD	464288166	363	3,275	SH		SOLE	0	3,275	0	0
ISHARES TR	S&P SH NTL AMTFR	464288158	1,732	16,450	SH		SOLE	0	16,450	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG SHIPPNG ETF	18383Q796	725	42,000	SH		SOLE	0	42,000	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	1,992	24,000	SH		SOLE	1	24,000	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	14,413	173,627	SH		SOLE	0	164,225	0	9,402
PROSHARES TR	PSHS LC COR PLUS	74347R248	3,115	41,000	SH		SOLE	0	41,000	0	0
ETFS GOLD TR	SHS	26922Y105	7	59	SH		SOLE	0	0	0	59
PIMCO ETF TR	ENHAN SHRT MAT	72201R833	4,601	45,433	SH		SOLE	1	45,433	0	0
PIMCO ETF TR	ENHAN SHRT MAT	72201R833	44,192	436,381	SH		SOLE	0	430,415	0	5,966
ISHARES TR	RUS200 GRW IDX	464289438	1,410	37,000	SH		SOLE	1	37,000	0	0
ISHARES TR	RUS200 GRW IDX	464289438	4,878	128,000	SH		SOLE	0	128,000	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	11	400	SH		SOLE	0	0	0	400
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	1,023	26,800	SH		SOLE	0	0	0	26,800
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	6,397	80,875	SH		SOLE	0	80,875	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	362	8,229	SH		SOLE	0	0	0	8,229
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	830	21,784	SH		SOLE	0	0	0	21,784
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	497	13,721	SH		SOLE	0	0	0	13,721
VANGUARD SCOTTSDALE FDS	MORTG-BACK SEC	92206C771	3,533	69,217	SH		SOLE	1	69,217	0	0
VANGUARD SCOTTSDALE FDS	MORTG-BACK SEC	92206C771	13,531	265,100	SH		SOLE	0	265,100	0	0
TOWERS WATSON & CO	CL A	891894107	316	3,858	SH		SOLE	0	0	0	3,858
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	620	26,546	SH		SOLE	0	0	0	26,546
SPDR SERIES TRUST	BARC SHT TR CP	78464A474	3,306	108,069	SH		SOLE	1	108,069	0	0
SPDR SERIES TRUST	BARC SHT TR CP	78464A474	18,827	615,466	SH		SOLE	0	615,466	0	0
PIEDMONT OFFICE REALTY TR IN	COM CL A	720190206	15	832	SH		SOLE	0	0	0	832
POWERSHARES ETF TR II	S&P SMCP IT PO	73937B860	1,319	37,000	SH		SOLE	0	37,000	0	0
SPDR SERIES TRUST	BRC MTG BCKD BD	78464A383	368	13,875	SH		SOLE	0	13,875	0	0
ISHARES TR	IRLND CPD INVT	46429B507	861	30,000	SH		SOLE	0	30,000	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2014	18383M571	1,034	48,600	SH		SOLE	1	48,600	0	0
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2014	18383M571	9,274	436,005	SH		SOLE	0	406,630	0	29,375
CLAYMORE EXCHANGE TRD FD TR	GUGG CRP BD 2015	18383M563	48	2,187	SH		SOLE	0	0	0	2,187
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	66	1,310	SH		SOLE	0	0	0	1,310
ALPS ETF TR	ALERIAN MLP	00162Q866	1,246	69,800	SH		SOLE	1	69,800	0	0
ALPS ETF TR	ALERIAN MLP	00162Q866	26,126	1,463,636	SH		SOLE	0	446,140	0	1,017,496
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	334	6,200	SH		SOLE	1	6,200	0	0
SCHWAB STRATEGIC TR	US TIPS ETF	808524870	1,345	25,000	SH		SOLE	0	25,000	0	0
EGA EMERGING GLOBAL SHS TR	EGS EMKTCONS ETF	268461779	163	6,307	SH		SOLE	1	6,307	0	0
EGA EMERGING GLOBAL SHS TR	EGS EMKTCONS ETF	268461779	8,659	335,500	SH		SOLE	0	335,500	0	0
SPROTT PHYSICAL SILVER TR	TR UNIT	85207K107	24	3,143	SH		SOLE	0	0	0	3,143
GENERAL MTRS CO	COM	37045V100	4	128	SH		SOLE	0	0	0	128
ETFS WHITE METALS BASKET TR	PHY WM BSK SHS	26923B104	2	64	SH		SOLE	0	0	0	64
WISDOMTREE TRUST	FUTRE STRAT FD	97717W125	54	1,300	SH		SOLE	1	1,300	0	0
WISDOMTREE TRUST	FUTRE STRAT FD	97717W125	3,433	82,000	SH		SOLE	0	82,000	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	433	13,498	SH		SOLE	0	0	0	13,498
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	775	24,259	SH		SOLE	0	0	0	24,259
SPDR SERIES TRUST	BRCLY EM LOCL	78464A391	203	6,841	SH		SOLE	0	0	0	6,841
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	2,309	93,300	SH		SOLE	1	93,300	0	0
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	26,966	1,089,521	SH		SOLE	0	1,068,500	0	21,021
ISHARES TR	HGH DIV EQT FD	46429B663	5,567	83,913	SH		SOLE	1	83,913	0	0
ISHARES TR	HGH DIV EQT FD	46429B663	33,137	499,500	SH		SOLE	0	499,500	0	0
GENERAL MTRS CO	*W EXP 07/10/201	37045V118	3	117	SH		SOLE	0	0	0	117
GENERAL MTRS CO	*W EXP 07/10/201	37045V126	2	117	SH		SOLE	0	0	0	117
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	12,452	400,140	SH		SOLE	0	359,875	0	40,265
FIRST TR EXCHANGE TRADED FD	AUTO INDEX FD	33734X309	341	10,000	SH		SOLE	0	10,000	0	0
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	2,014	19,617	SH		SOLE	1	19,617	0	0
PIMCO ETF TR	0-5 HIGH YIELD	72201R783	24,202	235,724	SH		SOLE	0	204,895	0	30,829
ISHARES TR	FLTG RATE NT	46429B655	6,156	121,665	SH		SOLE	1	121,665	0	0
ISHARES TR	FLTG RATE NT	46429B655	32,207	636,495	SH		SOLE	0	629,716	0	6,779
SCHWAB STRATEGIC TR	US AGGREGATE B	808524839	11	209	SH		SOLE	0	0	0	209
ISHARES INC	MSCI EM SML CP	464286475	3,807	86,000	SH		SOLE	0	86,000	0	0
FLEXSHARES TR	MORNSTAR UPSTR	33939L407	722	22,900	SH		SOLE	1	22,900	0	0
FLEXSHARES TR	MORNSTAR UPSTR	33939L407	2,431	77,100	SH		SOLE	0	77,100	0	0
ADVISORSHARES TR	TRIMTABS FLT	00768Y818	371	9,000	SH		SOLE	0	9,000	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	788	24,099	SH		SOLE	0	0	0	24,099
ISHARES TR	USA MIN VOL ID	46429B697	20,766	637,591	SH		SOLE	0	183,000	0	454,591
ISHARES TR	EAFE MIN VOLAT	46429B689	4,289	75,000	SH		SOLE	0	75,000	0	0
ISHARES INC	CTR WLD MINVL	464286525	4,426	74,000	SH		SOLE	0	74,000	0	0
ISHARES INC	EM MKT MIN VOL	464286533	11,365	199,000	SH		SOLE	0	199,000	0	0
ISHARES INC	EMRG MRK LC BD	464286517	2,922	58,810	SH		SOLE	0	52,400	0	6,410
INERGY MIDSTREAM LP	U LTD PARTNERS	45671U106	24	1,080	SH		SOLE	0	0	0	1,080
ISHARES INC	MSCI FRNTR100ETF	464286145	142	4,841	SH		SOLE	1	4,841	0	0
ISHARES INC	MSCI FRNTR100ETF	464286145	1,291	43,979	SH		SOLE	0	43,979	0	0
PIMCO ETF TR	TOTL RETN ETF	72201R775	2,985	28,300	SH		SOLE	1	28,300	0	0
PIMCO ETF TR	TOTL RETN ETF	72201R775	14,788	140,200	SH		SOLE	0	140,200	0	0
SPDR SER TR	SHT TRM HGH YLD	78468R408	426	14,103	SH		SOLE	1	14,103	0	0
SPDR SER TR	SHT TRM HGH YLD	78468R408	13,626	451,491	SH		SOLE	0	451,475	0	16
MARKET VECTORS ETF TR	PFD SEC EXFINL	57061R791	701	35,250	SH		SOLE	0	35,250	0	0
POWERSHARES ETF TRUST II	DWA SC TECHLDR	73936Q744	1,434	44,000	SH		SOLE	0	44,000	0	0
KRAFT FOODS GROUP INC	COM	50076Q106	66	1,173	SH		SOLE	0	0	0	1,173
MARKET VECTORS ETF TR	MKT VECTR WIDE	57060U134	75	3,078	SH		SOLE	1	3,078	0	0
MARKET VECTORS ETF TR	MKT VECTR WIDE	57060U134	5,443	222,800	SH		SOLE	0	222,800	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	249	5,397	SH		SOLE	1	5,397	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	4,532	98,400	SH		SOLE	0	97,650	0	750
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	4,027	81,000	SH		SOLE	0	81,000	0	0