IndexIQ Advisors 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
ALLERGAN PLC	SHS	G0177J108	7,057	26,330	SH		DFND	1,2	26,330	0	0
AMIRA NATURE FOODS LTD	SHS	G0335L102	54	5,559	SH		DFND	1,2	5,559	0	0
BUNGE LIMITED	COM	G16962105	232	4,087	SH		DFND	1,2	4,087	0	0
KOSMOS ENERGY LTD	SHS	G5315B107	30	5,175	SH		DFND	1,2	5,175	0	0
ROWAN COMPANIES PLC	SHS CL A	G7665A101	74	4,571	SH		DFND	1,2	4,571	0	0
SEADRILL LIMITED	SHS	G7945E105	44	13,440	SH		DFND	1,2	13,440	0	0
PENTAIR PLC	SHS	G7S00T104	1,166	21,497	SH		DFND	1,2	21,497	0	0
ADECOAGRO S A	COM	L00849106	354	30,651	SH		DFND	1,2	30,651	0	0
OCEAN RIG UDW INC	SHS	Y64354205	3	3,526	SH		DFND	1,2	3,526	0	0
AGL RES INC	COM	001204106	3,793	58,225	SH		DFND	1,2	58,225	0	0
AG MTG INVT TR INC	COM	001228105	329	25,176	SH		DFND	1,2	25,176	0	0
ACADIA RLTY TR	COM SH BEN INT	004239109	2,216	63,071	SH		DFND	1,2	63,071	0	0
AIRGAS INC	COM	009363102	2,977	21,021	SH		DFND	1,2	21,021	0	0
ALCOA INC	COM	013817101	54	5,636	SH		DFND	1,2	5,636	0	0
ALON USA ENERGY INC	COM	020520102	12	1,150	SH		DFND	1,2	1,150	0	0
AMERICAN VANGUARD CORP	COM	030371108	145	9,192	SH		DFND	1,2	9,192	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	1,482	21,499	SH		DFND	1,2	21,499	0	0
ANADARKO PETE CORP	COM	032511107	149	3,197	SH		DFND	1,2	3,197	0	0
ANWORTH MORTGAGE ASSET CP	COM	037347101	401	86,121	SH		DFND	1,2	86,121	0	0
APACHE CORP	COM	037411105	114	2,338	SH		DFND	1,2	2,338	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	647	17,818	SH		DFND	1,2	17,818	0	0
ARMOUR RESIDENTIAL REIT INC	COM NEW	042315507	695	32,279	SH		DFND	1,2	32,279	0	0
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	519	81,349	SH		DFND	1,2	81,349	0	0
ASTORIA FINL CORP	COM	046265104	342	21,592	SH		DFND	1,2	21,592	0	0
ATMEL CORP	COM	049513104	1,959	241,239	SH		DFND	1,2	241,239	0	0
BONANZA CREEK ENERGY INC	COM	097793103	2	1,500	SH		DFND	1,2	1,500	0	0
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	2,175	155,032	SH		DFND	1,2	155,032	0	0
BREITBURN ENERGY PARTNERS LP	COM UT LTD PTN	106776107	4	7,731	SH		DFND	1,2	7,731	0	0
CVR PARTNERS LP	COM	126633106	94	11,266	SH		DFND	1,2	11,266	0	0
CEDAR REALTY TRUST INC	COM NEW	150602209	525	72,668	SH		DFND	1,2	72,668	0	0
CHESAPEAKE LODGING TR	SH BEN INT	165240102	1,403	53,006	SH		DFND	1,2	53,006	0	0
CHEVRON CORP NEW	COM	166764100	1,112	11,661	SH		DFND	1,2	11,661	0	0
CONAGRA FOODS INC	COM	205887102	534	11,964	SH		DFND	1,2	11,964	0	0
COUSINS PPTYS INC	COM	222795106	1,947	187,573	SH		DFND	1,2	187,573	0	0
DENBURY RES INC	COM NEW	247916208	28	12,765	SH		DFND	1,2	12,765	0	0
DU PONT E I DE NEMOURS & CO	COM	263534109	8,005	126,424	SH		DFND	1,2	126,424	0	0
E M C CORP MASS	COM	268648102	7,216	270,772	SH		DFND	1,2	270,772	0	0
EP ENERGY CORP	CL A	268785102	6	1,301	SH		DFND	1,2	1,301	0	0
EMPIRE ST RLTY TR INC	CL A	292104106	1,892	107,921	SH		DFND	1,2	107,921	0	0
FAIRCHILD SEMICONDUCTOR INTL	COM	303726103	765	38,253	SH		DFND	1,2	38,253	0	0
FIRSTMERIT CORP	COM	337915102	2,868	136,262	SH		DFND	1,2	136,262	0	0
GENERAL MLS INC	COM	370334104	1,061	16,744	SH		DFND	1,2	16,744	0	0
GLOBAL NET LEASE INC	COM	379378102	1,304	152,292	SH		DFND	1,2	152,292	0	0
GULFMARK OFFSHORE INC	CL A NEW	402629208	4	717	SH		DFND	1,2	717	0	0
GULFPORT ENERGY CORP	COM NEW	402635304	129	4,557	SH		DFND	1,2	4,557	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	117	2,857	SH		DFND	1,2	2,857	0	0
HALLIBURTON CO	COM	406216101	187	5,225	SH		DFND	1,2	5,225	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	829	38,848	SH		DFND	1,2	38,848	0	0
HORMEL FOODS CORP	COM	440452100	1,031	23,844	SH		DFND	1,2	23,844	0	0
HUDSON PAC PPTYS INC	COM	444097109	1,982	68,539	SH		DFND	1,2	68,539	0	0
INGRAM MICRO INC	CL A	457153104	1,294	36,021	SH		DFND	1,2	36,021	0	0
INGREDION INC	COM	457187102	215	2,009	SH		DFND	1,2	2,009	0	0
INVESTORS REAL ESTATE TR	SH BEN INT	461730103	782	107,661	SH		DFND	1,2	107,661	0	0
ISHARES	MSCI EURZONE ETF	464286608	656	19,062	SH		DFND	1,2	19,062	0	0
ISHARES	MSCI JAPAN ETF	464286848	820	71,858	SH		DFND	1,2	71,858	0	0
ISHARES TR	TIPS BD ETF	464287176	2,317	20,212	SH		DFND	1,2	20,212	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	4,329	128,186	SH		DFND	1,2	128,186	0	0
ISHARES TR	CORE S&P500 ETF	464287200	6	27	SH		DFND	1,2	27	0	0
ISHARES TR	CORE US AGGBD ET	464287226	109,142	984,676	SH		DFND	1,2	984,676	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	52	1,508	SH		DFND	1,2	1,508	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	155,407	1,307,921	SH		DFND	1,2	1,307,921	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	1,628	14,048	SH		DFND	1,2	14,048	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	16,637	184,994	SH		DFND	1,2	184,994	0	0
ISHARES TR	7-10 Y TR BD ETF	464287440	1,226	11,108	SH		DFND	1,2	11,108	0	0
ISHARES TR	1-3 YR TR BD ETF	464287457	82,782	973,577	SH		DFND	1,2	973,577	0	0
ISHARES TR	MSCI EAFE ETF	464287465	28,417	497,440	SH		DFND	1,2	497,440	0	0
ISHARES TR	RUS 1000 VAL ETF	464287598	46,088	466,428	SH		DFND	1,2	466,428	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	3,629	36,370	SH		DFND	1,2	36,370	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	55,515	418,415	SH		DFND	1,2	418,415	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	7,510	67,896	SH		DFND	1,2	67,896	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	135	1,728	SH		DFND	1,2	1,728	0	0
ISHARES TR	EUROPE ETF	464287861	139	3,560	SH		DFND	1,2	3,560	0	0
ISHARES TR	SP SMCP600GR ETF	464287887	29,347	236,289	SH		DFND	1,2	236,289	0	0
ISHARES TR	EAFE SML CP ETF	464288273	4,986	100,135	SH		DFND	1,2	100,135	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	225	2,786	SH		DFND	1,2	2,786	0	0
ISHARES TR	CORE US CR BD	464288620	4,649	42,151	SH		DFND	1,2	42,151	0	0
ISHARES TR	3-7 YR TR BD ETF	464288661	1,454	11,548	SH		DFND	1,2	11,548	0	0
ISHARES TR	SHRT TRS BD ETF	464288679	46,678	422,959	SH		DFND	1,2	422,959	0	0
ISHARES TR	U.S. PFD STK ETF	464288687	176	4,520	SH		DFND	1,2	4,520	0	0
ISHARES	INDIA 50 ETF	464289529	6	226	SH		DFND	1,2	226	0	0
ITC HLDGS CORP	COM	465685105	1,439	33,034	SH		DFND	1,2	33,034	0	0
JARDEN CORP	COM	471109108	9,044	153,417	SH		DFND	1,2	153,417	0	0
JOY GLOBAL INC	COM	481165108	90	5,580	SH		DFND	1,2	5,580	0	0
KLA-TENCOR CORP	COM	482480100	2,688	36,919	SH		DFND	1,2	36,919	0	0
KELLOGG CO	COM	487836108	767	10,016	SH		DFND	1,2	10,016	0	0
KENNEDY-WILSON HLDGS INC	COM	489398107	1,845	84,250	SH		DFND	1,2	84,250	0	0
LEXINGTON REALTY TRUST	COM	529043101	1,429	166,152	SH		DFND	1,2	166,152	0	0
LINN ENERGY LLC	UNIT LTD LIAB	536020100	3	8,236	SH		DFND	1,2	8,236	0	0
LOUISIANA PAC CORP	COM	546347105	1,196	69,845	SH		DFND	1,2	69,845	0	0
MACK CALI RLTY CORP	COM	554489104	1,716	73,017	SH		DFND	1,2	73,017	0	0
MERCER INTL INC	COM	588056101	299	31,603	SH		DFND	1,2	31,603	0	0
MONDELEZ INTL INC	CL A	609207105	1,859	46,334	SH		DFND	1,2	46,334	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	633	53,200	SH		DFND	1,2	53,200	0	0
NATIONAL PENN BANCSHARES INC	COM	637138108	632	59,353	SH		DFND	1,2	59,353	0	0
NATIONAL STORAGE AFFILIATES	COM SHS BEN IN	637870106	434	20,459	SH		DFND	1,2	20,459	0	0
NEW SR INVT GROUP INC	COM	648691103	747	72,558	SH		DFND	1,2	72,558	0	0
NEW YORK MTG TR INC	COM PAR $.02	649604501	465	98,075	SH		DFND	1,2	98,075	0	0
NEWMONT MINING CORP	COM	651639106	353	13,297	SH		DFND	1,2	13,297	0	0
NEWPORT CORP	COM	651824104	562	24,431	SH		DFND	1,2	24,431	0	0
NORFOLK SOUTHERN CORP	COM	655844108	2,256	27,102	SH		DFND	1,2	27,102	0	0
NORTHERN TIER ENERGY LP	COM UN REPR PART	665826103	50	2,114	SH		DFND	1,2	2,114	0	0
OASIS PETE INC NEW	COM	674215108	47	6,497	SH		DFND	1,2	6,497	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	327	4,780	SH		DFND	1,2	4,780	0	0
OIL STS INTL INC	COM	678026105	59	1,870	SH		DFND	1,2	1,870	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	1,318	60,302	SH		DFND	1,2	60,302	0	0
PHILLIPS 66	COM	718546104	292	3,371	SH		DFND	1,2	3,371	0	0
PIEDMONT NAT GAS INC	COM	720186105	1,517	25,350	SH		DFND	1,2	25,350	0	0
PIONEER ENERGY SVCS CORP	COM	723664108	5	2,307	SH		DFND	1,2	2,307	0	0
PIONEER NAT RES CO	COM	723787107	130	924	SH		DFND	1,2	924	0	0
QUESTAR CORP	COM	748356102	1,165	46,966	SH		DFND	1,2	46,966	0	0
RAIT FINANCIAL TRUST	COM NEW	749227609	256	81,532	SH		DFND	1,2	81,532	0	0
RPC INC	COM	749660106	32	2,224	SH		DFND	1,2	2,224	0	0
RAMCO-GERSHENSON PPTYS TR	COM SH BEN INT	751452202	1,260	69,885	SH		DFND	1,2	69,885	0	0
REDWOOD TR INC	COM	758075402	893	68,270	SH		DFND	1,2	68,270	0	0
RITE AID CORP	COM	767754104	5,012	614,917	SH		DFND	1,2	614,917	0	0
ROUSE PPTYS INC	COM	779287101	625	34,007	SH		DFND	1,2	34,007	0	0
ROYAL GOLD INC	COM	780287108	89	1,738	SH		DFND	1,2	1,738	0	0
SANDERSON FARMS INC	COM	800013104	681	7,549	SH		DFND	1,2	7,549	0	0
SCHLUMBERGER LTD	COM	806857108	580	7,867	SH		DFND	1,2	7,867	0	0
SEABOARD CORP	COM	811543107	159	53	SH		DFND	1,2	53	0	0
SMUCKER J M CO	COM NEW	832696405	437	3,362	SH		DFND	1,2	3,362	0	0
SNYDERS-LANCE INC	COM	833551104	0	1	SH		DFND	1,2	1	0	0
SPECTRA ENERGY CORP	COM	847560109	127	4,163	SH		DFND	1,2	4,163	0	0
STONE ENERGY CORP	COM	861642106	2	2,023	SH		DFND	1,2	2,023	0	0
SUMMIT HOTEL PPTYS	COM	866082100	906	75,663	SH		DFND	1,2	75,663	0	0
SUPERIOR ENERGY SVCS INC	COM	868157108	74	5,553	SH		DFND	1,2	5,553	0	0
TECO ENERGY INC	COM	872375100	1,001	36,375	SH		DFND	1,2	36,375	0	0
TEREX CORP NEW	COM	880779103	1,570	63,087	SH		DFND	1,2	63,087	0	0
TURQUOISE HILL RES LTD	COM	900435108	289	113,647	SH		DFND	1,2	113,647	0	0
TYSON FOODS INC	CL A	902494103	1,127	16,911	SH		DFND	1,2	16,911	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	119,258	1,479,073	SH		DFND	1,2	1,479,073	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	94,005	1,135,476	SH		DFND	1,2	1,135,476	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	14,407	401,771	SH		DFND	1,2	401,771	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	87	2,517	SH		DFND	1,2	2,517	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	690	14,212	SH		DFND	1,2	14,212	0	0
VANGUARD INDEX FDS	REIT ETF	922908553	1,001	11,943	SH		DFND	1,2	11,943	0	0
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	38,734	325,501	SH		DFND	1,2	325,501	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	2,519	23,666	SH		DFND	1,2	23,666	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	34,733	421,565	SH		DFND	1,2	421,565	0	0
WASHINGTON REAL ESTATE INVT	SH BEN INT	939653101	1,781	60,980	SH		DFND	1,2	60,980	0	0
WESTERN REFNG INC	COM	959319104	72	2,479	SH		DFND	1,2	2,479	0	0
WINTHROP RLTY TR	SH BEN INT NEW	976391300	389	29,639	SH		DFND	1,2	29,639	0	0
XENIA HOTELS & RESORTS INC	COM	984017103	1,535	98,271	SH		DFND	1,2	98,271	0	0
THE ADT CORPORATION	COM	00101J106	1,783	43,222	SH		DFND	1,2	43,222	0	0
ALERE INC	COM	01449J105	782	15,442	SH		DFND	1,2	15,442	0	0
ALON USA PARTNERS LP	UT LTDPART INT	02052T109	5	415	SH		DFND	1,2	415	0	0
ALTISOURCE RESIDENTIAL CORP	CL B	02153W100	578	48,133	SH		DFND	1,2	48,133	0	0
AMERICAN CAP MTG INVT CORP	COM	02504A104	622	42,351	SH		DFND	1,2	42,351	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	851	52,221	SH		DFND	1,2	52,221	0	0
APOLLO RESIDENTIAL MTG INC	COM	03763V102	381	28,418	SH		DFND	1,2	28,418	0	0
AQUA AMERICA INC	COM	03836W103	673	21,144	SH		DFND	1,2	21,144	0	0
ARES COML REAL ESTATE CORP	COM	04013V108	256	23,370	SH		DFND	1,2	23,370	0	0
BARCLAYS BK PLC	IPATH S&P MT ETN	06740C519	236	21,611	SH		DFND	1,2	21,611	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06742E711	454	25,738	SH		DFND	1,2	25,738	0	0
BAXALTA INC	COM	07177M103	5,346	132,321	SH		DFND	1,2	132,321	0	0
BOISE CASCADE CO DEL	COM	09739D100	401	19,369	SH		DFND	1,2	19,369	0	0
CVR ENERGY INC	COM	12662P108	15	581	SH		DFND	1,2	581	0	0
CVR REFNG LP	COMUNIT REP LT	12663P107	20	1,643	SH		DFND	1,2	1,643	0	0
CABLEVISION SYS CORP	CL A NY CABLVS	12686C109	2,519	76,340	SH		DFND	1,2	76,340	0	0
CALIFORNIA RES CORP	COM	13057Q107	12	11,433	SH		DFND	1,2	11,433	0	0
CAPSTEAD MTG CORP	COM NO PAR	14067E506	841	85,077	SH		DFND	1,2	85,077	0	0
CARETRUST REIT INC	COM	14174T107	527	41,520	SH		DFND	1,2	41,520	0	0
COBALT INTL ENERGY INC	COM	19075F106	40	13,412	SH		DFND	1,2	13,412	0	0
COLONY CAP INC	CL A	19624R106	1,650	98,366	SH		DFND	1,2	98,366	0	0
CONOCOPHILLIPS	COM	20825C104	308	7,639	SH		DFND	1,2	7,639	0	0
CONSOL ENERGY INC	COM	20854P109	149	13,199	SH		DFND	1,2	13,199	0	0
CURRENCYSHS BRIT POUND STER	BRIT POUND STE	23129S106	1,604	11,413	SH		DFND	1,2	11,413	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	42,397	381,348	SH		DFND	1,2	381,348	0	0
CYRUSONE INC	COM	23283R100	2,618	57,357	SH		DFND	1,2	57,357	0	0
DIAMOND OFFSHORE DRILLING IN	COM	25271C102	52	2,376	SH		DFND	1,2	2,376	0	0
DYNEX CAP INC	COM NEW	26817Q506	269	40,430	SH		DFND	1,2	40,430	0	0
EOG RES INC	COM	26875P101	247	3,401	SH		DFND	1,2	3,401	0	0
EDUCATION RLTY TR INC	COM NEW	28140H203	2,358	56,691	SH		DFND	1,2	56,691	0	0
EXXON MOBIL CORP	COM	30231G102	2,175	26,017	SH		DFND	1,2	26,017	0	0
FELCOR LODGING TR INC	COM	31430F101	950	116,983	SH		DFND	1,2	116,983	0	0
FIRST INDUSTRIAL REALTY TRUS	COM	32054K103	2,241	98,535	SH		DFND	1,2	98,535	0	0
FIRST NIAGARA FINL GP INC	COM	33582V108	723	74,652	SH		DFND	1,2	74,652	0	0
FIRST POTOMAC RLTY TR	COM	33610F109	462	50,958	SH		DFND	1,2	50,958	0	0
FLOWSERVE CORP	COM	34354P105	715	16,109	SH		DFND	1,2	16,109	0	0
FOUR CORNERS PPTY TR INC	COM	35086T109	969	53,988	SH		DFND	1,2	53,988	0	0
FRANKLIN STREET PPTYS CORP	COM	35471R106	905	85,283	SH		DFND	1,2	85,283	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	50	4,795	SH		DFND	1,2	4,795	0	0
GOVERNMENT PPTYS INCOME TR	COM SHS BEN INT	38376A103	1,116	62,528	SH		DFND	1,2	62,528	0	0
HATTERAS FINL CORP	COM	41902R103	1,201	83,964	SH		DFND	1,2	83,964	0	0
HEARTLAND PMT SYS INC	COM	42235N108	2,337	24,202	SH		DFND	1,2	24,202	0	0
ISTAR INC	COM	45031U101	633	65,577	SH		DFND	1,2	65,577	0	0
IDEX CORP	COM	45167R104	775	9,354	SH		DFND	1,2	9,354	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	256	35,981	SH		DFND	1,2	35,981	0	0
INFRAREIT INC	COM	45685L100	482	28,267	SH		DFND	1,2	28,267	0	0
INVESCO MORTGAGE CAPITAL INC	COM	46131B100	1,245	102,227	SH		DFND	1,2	102,227	0	0
ISHARES SILVER TRUST	ISHARES	46428Q109	804	54,756	SH		DFND	1,2	54,756	0	0
ISHARES TR	MSCI INDIA ETF	46429B598	97	3,572	SH		DFND	1,2	3,572	0	0
ISHARES TR	CHINA ETF	46429B671	1,735	40,786	SH		DFND	1,2	40,786	0	0
ISHARES TR	USA MIN VOL ETF	46429B697	101	2,306	SH		DFND	1,2	2,306	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	53	1,002	SH		DFND	1,2	1,002	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	19	460	SH		DFND	1,2	460	0	0
JPMORGAN CHASE & CO	ALERIAN ML ETN	46625H365	155	5,709	SH		DFND	1,2	5,709	0	0
KINDER MORGAN INC DEL	COM	49456B101	238	13,305	SH		DFND	1,2	13,305	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	2,073	74,816	SH		DFND	1,2	74,816	0	0
MARATHON PETE CORP	COM	56585A102	126	3,386	SH		DFND	1,2	3,386	0	0
MARKET VECTORS ETF TR	JP MORGAN EM LC	57060U522	12,457	670,115	SH		DFND	1,2	670,115	0	0
MEDIA GEN INC NEW	COM	58441K100	756	46,352	SH		DFND	1,2	46,352	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	2,724	209,844	SH		DFND	1,2	209,844	0	0
MONOGRAM RESIDENTIAL TR INC	COM	60979P105	1,472	149,326	SH		DFND	1,2	149,326	0	0
NEW YORK REIT INC	COM	64976L109	1,493	147,823	SH		DFND	1,2	147,823	0	0
NEWCASTLE INVT CORP NEW	COM PAR $0.01	65105M603	225	51,972	SH		DFND	1,2	51,972	0	0
NOW INC	COM	67011P100	68	3,851	SH		DFND	1,2	3,851	0	0
ORCHID IS CAP INC	COM	68571X103	189	18,241	SH		DFND	1,2	18,241	0	0
PBF ENERGY INC	CL A	69318G106	120	3,614	SH		DFND	1,2	3,614	0	0
PARKWAY PPTYS INC	COM	70159Q104	1,185	75,681	SH		DFND	1,2	75,681	0	0
PENNYMAC MTG INVT TR	COM	70931T103	853	62,518	SH		DFND	1,2	62,518	0	0
PHYSICIANS RLTY TR	COM	71943U104	1,806	97,178	SH		DFND	1,2	97,178	0	0
PILGRIMS PRIDE CORP NEW	COM	72147K108	298	11,725	SH		DFND	1,2	11,725	0	0
POWERSHARES DB G10 CURCY HAR	COM UT BEN INT	73935Y102	22,153	947,986	SH		DFND	1,2	947,986	0	0
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	176,439	7,772,625	SH		DFND	1,2	7,772,625	0	0
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	71	1,772	SH		DFND	1,2	1,772	0	0
PROSHARES TR	PSHS SH MSCI EMR	74347R396	571	21,083	SH		DFND	1,2	21,083	0	0
PROSHARES TR II	VIX MDTRM FUTR N	74347W338	143	2,699	SH		DFND	1,2	2,699	0	0
PROSHARES TR II	ULTRASHRT NEW	74347W395	291	3,507	SH		DFND	1,2	3,507	0	0
PROSHARES TR II	ULTRASHORT YEN N	74347W569	539	7,046	SH		DFND	1,2	7,046	0	0
PROSHARES TR II	ULTRASHRT EURO	74347W882	98	4,245	SH		DFND	1,2	4,245	0	0
PROSHARES TR	ULTSHT REAL EST	74348A244	462	11,743	SH		DFND	1,2	11,743	0	0
QTS RLTY TR INC	COM CL A	74736A103	1,656	34,951	SH		DFND	1,2	34,951	0	0
RESOURCE CAP CORP	COM NEW	76120W708	308	27,337	SH		DFND	1,2	27,337	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	1,769	87,911	SH		DFND	1,2	87,911	0	0
REXFORD INDL RLTY INC	COM	76169C100	902	49,671	SH		DFND	1,2	49,671	0	0
RYDEX ETF TRUST	GUG S&P500 PU VA	78355W304	1,275	25,203	SH		DFND	1,2	25,203	0	0
RYDEX ETF TRUST	GUG S&P500 PU GR	78355W403	214	2,704	SH		DFND	1,2	2,704	0	0
SM ENERGY CO	COM	78454L100	47	2,486	SH		DFND	1,2	2,486	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	3,632	17,667	SH		DFND	1,2	17,667	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	662	9,479	SH		DFND	1,2	9,479	0	0
SPDR INDEX SHS FDS	S&P EMKTSC ETF	78463X756	6,608	169,837	SH		DFND	1,2	169,837	0	0
SPDR INDEX SHS FDS	S&P INTL SMLCP	78463X871	590	20,648	SH		DFND	1,2	20,648	0	0
SPDR SERIES TRUST	BRC CNV SECS ETF	78464A359	40,621	940,283	SH		DFND	1,2	940,283	0	0
SPDR SERIES TRUST	BRC HGH YLD BD	78464A417	147	4,333	SH		DFND	1,2	4,333	0	0
SPDR SERIES TRUST	CITI INT GVT ETF	78464A490	298	5,475	SH		DFND	1,2	5,475	0	0
SPDR SERIES TRUST	DJ REIT ETF	78464A607	118	1,240	SH		DFND	1,2	1,240	0	0
SPDR SERIES TRUST	BRCLYS AGG ETF	78464A649	3,837	65,530	SH		DFND	1,2	65,530	0	0
SPDR SERIES TRUST	BRCLYS 1-3MT ETF	78464A680	25,246	552,555	SH		DFND	1,2	552,555	0	0
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	38,498	828,262	SH		DFND	1,2	828,262	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	1,152	57,318	SH		DFND	1,2	57,318	0	0
SANCHEZ ENERGY CORP	COM	79970Y105	11	1,933	SH		DFND	1,2	1,933	0	0
SANDISK CORP	COM	80004C101	5,546	72,894	SH		DFND	1,2	72,894	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	64	1,438	SH		DFND	1,2	1,438	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	65	819	SH		DFND	1,2	819	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	1,207	53,612	SH		DFND	1,2	53,612	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	131	2,952	SH		DFND	1,2	2,952	0	0
SEMGROUP CORP	CL A	81663A105	36	1,611	SH		DFND	1,2	1,611	0	0
SILVER BAY RLTY TR CORP	COM	82735Q102	438	29,509	SH		DFND	1,2	29,509	0	0
SOUTHERN COPPER CORP	COM	84265V105	103	3,722	SH		DFND	1,2	3,722	0	0
STAG INDL INC	COM	85254J102	1,247	61,269	SH		DFND	1,2	61,269	0	0
STARWOOD HOTELS&RESORTS WRLD	COM	85590A401	4,757	57,015	SH		DFND	1,2	57,015	0	0
SYNERGY RES CORP	COM	87164P103	31	4,041	SH		DFND	1,2	4,041	0	0
TESCO CORP	COM	88157K101	12	1,347	SH		DFND	1,2	1,347	0	0
TESORO LOGISTICS LP	COM UNIT LP	88160T107	103	2,263	SH		DFND	1,2	2,263	0	0
TIER REIT INC	COM NEW	88650V208	572	42,576	SH		DFND	1,2	42,576	0	0
TIME WARNER CABLE INC	COM	88732J207	10,025	48,994	SH		DFND	1,2	48,994	0	0
TITAN INTL INC ILL	COM	88830M102	77	14,351	SH		DFND	1,2	14,351	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	205	3,194	SH		DFND	1,2	3,194	0	0
VANGUARD WORLD FDS	CONSUM DIS ETF	92204A108	11	92	SH		DFND	1,2	92	0	0
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	2	41	SH		DFND	1,2	41	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	86	788	SH		DFND	1,2	788	0	0
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	30	308	SH		DFND	1,2	308	0	0
VANGUARD SCOTTSDALE FDS	VNG RUS2000IDX	92206C664	3	38	SH		DFND	1,2	38	0	0
WP GLIMCHER IN	COM	92939N102	1,576	166,074	SH		DFND	1,2	166,074	0	0
WESTERN ASSET MTG CAP CORP	COM	95790D105	367	36,480	SH		DFND	1,2	36,480	0	0
WISDOMTREE TR	EMERG CUR STR FD	97717W133	1,787	100,711	SH		DFND	1,2	100,711	0	0
WISDOMTREE TR	INTL SMCAP DIV	97717W760	976	16,543	SH		DFND	1,2	16,543	0	0
WISDOMTREE TR	EM LCL DEBT FD	97717X867	3,994	108,492	SH		DFND	1,2	108,492	0	0
XYLEM INC	COM	98419M100	392	9,595	SH		DFND	1,2	9,595	0	0