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
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

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
ARGO GROUP INTL HLDGS LTD	COM	G0464B107	1,282	20,792	SH		DFND	1,2	20,792	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	980	6,401	SH		DFND	1,2	6,401	0	0
BUNGE LIMITED	COM	G16962105	365	5,445	SH		DFND	1,2	5,445	0	0
ENSCO PLC	SHS CLASS A	G3157S106	74	12,550	SH		DFND	1,2	12,550	0	0
ESSENT GROUP LTD	COM	G3198U102	1,691	38,953	SH		DFND	1,2	38,953	0	0
FERROGLOBE PLC	SHS	G33856108	426	26,308	SH		DFND	1,2	26,308	0	0
FRESH DEL MONTE PRODUCE INC	ORD	G36738105	1,229	25,769	SH		DFND	1,2	25,769	0	0
INGERSOLL-RAND PLC	SHS	G47791101	845	9,472	SH		DFND	1,2	9,472	0	0
KOSMOS ENERGY LTD	SHS	G5315B107	45	6,606	SH		DFND	1,2	6,606	0	0
MAIDEN HOLDINGS LTD	SHS	G5753U112	664	100,621	SH		DFND	1,2	100,621	0	0
NABORS INDUSTRIES LTD	SHS	G6359F103	52	7,643	SH		DFND	1,2	7,643	0	0
NOBLE CORP PLC	SHS USD	G65431101	32	6,997	SH		DFND	1,2	6,997	0	0
ROWAN COMPANIES PLC	SHS CL A	G7665A101	56	3,585	SH		DFND	1,2	3,585	0	0
PENTAIR PLC	SHS	G7S00T104	5,285	74,833	SH		DFND	1,2	74,833	0	0
THIRD PT REINS LTD	COM	G8827U100	1,706	116,428	SH		DFND	1,2	116,428	0	0
CHUBB LIMITED	COM	H1467J104	827	5,661	SH		DFND	1,2	5,661	0	0
TE CONNECTIVITY LTD	REG SHS	H84989104	981	10,323	SH		DFND	1,2	10,323	0	0
TRANSOCEAN LTD	REG SHS	H8817H100	121	11,301	SH		DFND	1,2	11,301	0	0
ADECOAGRO S A	COM	L00849106	305	29,429	SH		DFND	1,2	29,429	0	0
TRINSEO S A	SHS	L9340P101	1,523	20,977	SH		DFND	1,2	20,977	0	0
MYLAN N V	SHS EURO	N59465109	834	19,721	SH		DFND	1,2	19,721	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	936	7,844	SH		DFND	1,2	7,844	0	0
AAR CORP	COM	000361105	1,646	41,898	SH		DFND	1,2	41,898	0	0
ACCO BRANDS CORP	COM	00081T108	1,307	107,130	SH		DFND	1,2	107,130	0	0
ABM INDS INC	COM	000957100	1,218	32,293	SH		DFND	1,2	32,293	0	0
AFLAC INC	COM	001055102	932	10,619	SH		DFND	1,2	10,619	0	0
AGCO CORP	COM	001084102	970	13,574	SH		DFND	1,2	13,574	0	0
AG MTG INVT TR INC	COM	001228105	587	30,901	SH		DFND	1,2	30,901	0	0
AK STL HLDG CORP	COM	001547108	1,109	195,929	SH		DFND	1,2	195,929	0	0
AV HOMES INC	COM	00234P102	1,426	85,619	SH		DFND	1,2	85,619	0	0
ACADIA RLTY TR	COM SH BEN INT	004239109	2,520	92,114	SH		DFND	1,2	92,114	0	0
ADVANCED ENERGY INDS	COM	007973100	1,387	20,559	SH		DFND	1,2	20,559	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	974	14,541	SH		DFND	1,2	14,541	0	0
AKORN INC	COM	009728106	17,762	551,100	SH		DFND	1,2	551,100	0	0
ALCOA CORP	COM	013872106	1,519	28,198	SH		DFND	1,2	28,198	0	0
ALLEGHENY TECHNOLOGIES INC	COM	01741R102	402	16,658	SH		DFND	1,2	16,658	0	0
ALLEGIANCE BANCSHARES INC	COM	01748H107	1,426	37,885	SH		DFND	1,2	37,885	0	0
ALLSTATE CORP	COM	020002101	988	9,435	SH		DFND	1,2	9,435	0	0
ALMOST FAMILY INC	COM	020409108	1,463	26,427	SH		DFND	1,2	26,427	0	0
ALTISOURCE RESIDENTIAL CORP	CL B	02153W100	604	50,916	SH		DFND	1,2	50,916	0	0
AMERICAN ASSETS TR INC	COM	024013104	1,660	43,423	SH		DFND	1,2	43,423	0	0
AMERICAN AXLE & MFG HLDGS IN	COM	024061103	1,277	75,003	SH		DFND	1,2	75,003	0	0
AMERICAN STS WTR CO	COM	029899101	871	15,036	SH		DFND	1,2	15,036	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	6,677	72,977	SH		DFND	1,2	72,977	0	0
AMERIPRISE FINL INC	COM	03076C106	1,003	5,920	SH		DFND	1,2	5,920	0	0
AMKOR TECHNOLOGY INC	COM	031652100	1,221	121,538	SH		DFND	1,2	121,538	0	0
ANADARKO PETE CORP	COM	032511107	127	2,366	SH		DFND	1,2	2,366	0	0
ANDERSONS INC	COM	034164103	34	1,099	SH		DFND	1,2	1,099	0	0
ANIXTER INTL INC	COM	035290105	1,351	17,778	SH		DFND	1,2	17,778	0	0
ANTHEM INC	COM	036752103	1,049	4,662	SH		DFND	1,2	4,662	0	0
ANWORTH MORTGAGE ASSET CP	COM	037347101	583	107,204	SH		DFND	1,2	107,204	0	0
APACHE CORP	COM	037411105	68	1,612	SH		DFND	1,2	1,612	0	0
APOLLO COML REAL EST FIN INC	COM	03762U105	2,185	118,439	SH		DFND	1,2	118,439	0	0
APPLIED MATLS INC	COM	038222105	1,012	19,795	SH		DFND	1,2	19,795	0	0
AQUA AMERICA INC	COM	03836W103	2,860	72,913	SH		DFND	1,2	72,913	0	0
ARBOR RLTY TR INC	COM	038923108	462	53,472	SH		DFND	1,2	53,472	0	0
ARCHER DANIELS MIDLAND CO	COM	039483102	1,557	38,859	SH		DFND	1,2	38,859	0	0
ARDELYX INC	COM	039697107	735	111,371	SH		DFND	1,2	111,371	0	0
ARMOUR RESIDENTIAL REIT INC	COM NEW	042315507	1,182	45,973	SH		DFND	1,2	45,973	0	0
ARMSTRONG FLOORING INC	COM	04238R106	1,294	76,476	SH		DFND	1,2	76,476	0	0
ASHFORD HOSPITALITY PRIME IN	COM	044102101	326	33,465	SH		DFND	1,2	33,465	0	0
ASHFORD HOSPITALITY TR INC	COM SHS	044103109	2,146	318,961	SH		DFND	1,2	318,961	0	0
ATARA BIOTHERAPEUTICS INC	COM	046513107	1,241	68,560	SH		DFND	1,2	68,560	0	0
AVISTA CORP	COM	05379B107	5,571	108,192	SH		DFND	1,2	108,192	0	0
AVON PRODS INC	COM	054303102	688	320,168	SH		DFND	1,2	320,168	0	0
AXCELIS TECHNOLOGIES INC	COM NEW	054540208	2,151	74,935	SH		DFND	1,2	74,935	0	0
BMC STK HLDGS INC	COM	05591B109	1,577	62,340	SH		DFND	1,2	62,340	0	0
BAKER HUGHES A GE CO	CL A	05722G100	57	1,799	SH		DFND	1,2	1,799	0	0
BALDWIN & LYONS INC	CL B	057755209	1,380	57,614	SH		DFND	1,2	57,614	0	0
BANC OF CALIFORNIA INC	COM	05990K106	1,405	68,062	SH		DFND	1,2	68,062	0	0
BANK AMER CORP	COM	060505104	962	32,597	SH		DFND	1,2	32,597	0	0
BANK NEW YORK MELLON CORP	COM	064058100	877	16,280	SH		DFND	1,2	16,280	0	0
BARCLAYS BK PLC	IPATH S&P500 VIX	06746L422	10,070	360,662	SH		DFND	1,2	360,662	0	0
BARNES & NOBLE ED INC	COM	06777U101	1,210	146,894	SH		DFND	1,2	146,894	0	0
BARRACUDA NETWORKS INC	COM	068323104	5,369	195,235	SH		DFND	1,2	195,235	0	0
BASIC ENERGY SVCS INC NEW	COM NEW	06985P209	15	631	SH		DFND	1,2	631	0	0
BAZAARVOICE INC	COM	073271108	1,195	219,291	SH		DFND	1,2	219,291	0	0
BEACON ROOFING SUPPLY INC	COM	073685109	1,827	28,659	SH		DFND	1,2	28,659	0	0
BENCHMARK ELECTRS INC	COM	08160H101	1,289	44,295	SH		DFND	1,2	44,295	0	0
BERKSHIRE HILLS BANCORP INC	COM	084680107	1,430	39,064	SH		DFND	1,2	39,064	0	0
BIGLARI HLDGS INC	COM	08986R101	1,352	3,262	SH		DFND	1,2	3,262	0	0
BIOTIME INC	COM	09066L105	878	408,310	SH		DFND	1,2	408,310	0	0
BLUCORA INC	COM	095229100	1,800	81,439	SH		DFND	1,2	81,439	0	0
BLUEROCK RESIDENTIAL GRW REI	COM CL A	09627J102	272	26,905	SH		DFND	1,2	26,905	0	0
BOB EVANS FARMS INC	COM	096761101	15,368	194,975	SH		DFND	1,2	194,975	0	0
BOISE CASCADE CO DEL	COM	09739D100	2,106	52,770	SH		DFND	1,2	52,770	0	0
BONANZA CREEK ENERGY INC	COM NEW	097793400	1,593	57,748	SH		DFND	1,2	57,748	0	0
BRANDYWINE RLTY TR	SH BEN INT NEW	105368203	3,514	193,186	SH		DFND	1,2	193,186	0	0
BROADSOFT INC	COM	11133B409	18,170	330,964	SH		DFND	1,2	330,964	0	0
BUFFALO WILD WINGS INC	COM	119848109	14,080	90,053	SH		DFND	1,2	90,053	0	0
BUILDERS FIRSTSOURCE INC	COM	12008R107	2,060	94,549	SH		DFND	1,2	94,549	0	0
CBIZ INC	COM	124805102	1,606	103,952	SH		DFND	1,2	103,952	0	0
CBL & ASSOC PPTYS INC	COM	124830100	1,052	185,914	SH		DFND	1,2	185,914	0	0
CECO ENVIRONMENTAL CORP	COM	125141101	688	134,040	SH		DFND	1,2	134,040	0	0
CF INDS HLDGS INC	COM	125269100	385	9,040	SH		DFND	1,2	9,040	0	0
CVR ENERGY INC	COM	12662P108	17	452	SH		DFND	1,2	452	0	0
CVR PARTNERS LP	COM	126633106	50	15,201	SH		DFND	1,2	15,201	0	0
CVR REFNG LP	COMUNIT REP LT	12663P107	68	4,103	SH		DFND	1,2	4,103	0	0
C&J ENERGY SVCS INC NEW	COM	12674R100	56	1,675	SH		DFND	1,2	1,675	0	0
CABOT MICROELECTRONICS CORP	COM	12709P103	1,730	18,384	SH		DFND	1,2	18,384	0	0
CACI INTL INC	CL A	127190304	1,591	12,019	SH		DFND	1,2	12,019	0	0
CAL MAINE FOODS INC	COM NEW	128030202	261	5,864	SH		DFND	1,2	5,864	0	0
CALATLANTIC GROUP INC	COM	128195104	16,448	291,676	SH		DFND	1,2	291,676	0	0
CALGON CARBON CORP	COM	129603106	7,980	374,668	SH		DFND	1,2	374,668	0	0
CALIFORNIA RES CORP	COM NEW	13057Q206	23	1,169	SH		DFND	1,2	1,169	0	0
CALLAWAY GOLF CO	COM	131193104	1,773	127,258	SH		DFND	1,2	127,258	0	0
CALPINE CORP	COM NEW	131347304	18,110	1,196,939	SH		DFND	1,2	1,196,939	0	0
CAPELLA EDUCATION COMPANY	COM	139594105	2,058	26,590	SH		DFND	1,2	26,590	0	0
CAPSTEAD MTG CORP	COM NO PAR	14067E506	910	105,200	SH		DFND	1,2	105,200	0	0
CARE COM INC	COM	141633107	2,032	112,619	SH		DFND	1,2	112,619	0	0
CARETRUST REIT INC	COM	14174T107	1,397	83,366	SH		DFND	1,2	83,366	0	0
CARNIVAL CORP	UNIT 99/99/9999	143658300	867	13,061	SH		DFND	1,2	13,061	0	0
CATHAY GEN BANCORP	COM	149150104	1,577	37,400	SH		DFND	1,2	37,400	0	0
CAVIUM INC	COM	14964U108	13,773	164,295	SH		DFND	1,2	164,295	0	0
CEDAR REALTY TRUST INC	COM NEW	150602209	592	97,426	SH		DFND	1,2	97,426	0	0
CENTURY ALUM CO	COM	156431108	262	13,359	SH		DFND	1,2	13,359	0	0
CENTURY CMNTYS INC	COM	156504300	1,724	55,443	SH		DFND	1,2	55,443	0	0
CHATHAM LODGING TR	COM	16208T102	1,124	49,375	SH		DFND	1,2	49,375	0	0
CHESAPEAKE LODGING TR	SH BEN INT	165240102	3,361	124,058	SH		DFND	1,2	124,058	0	0
CHESAPEAKE UTILS CORP	COM	165303108	1,599	20,360	SH		DFND	1,2	20,360	0	0
CHEVRON CORP NEW	COM	166764100	1,004	8,019	SH		DFND	1,2	8,019	0	0
CHICOS FAS INC	COM	168615102	875	99,190	SH		DFND	1,2	99,190	0	0
CISCO SYS INC	COM	17275R102	872	22,755	SH		DFND	1,2	22,755	0	0
CITIGROUP INC	COM NEW	172967424	955	12,839	SH		DFND	1,2	12,839	0	0
CIVITAS SOLUTIONS INC	COM	17887R102	1,313	76,762	SH		DFND	1,2	76,762	0	0
CLEVELAND CLIFFS INC	COM	185899101	327	45,377	SH		DFND	1,2	45,377	0	0
CLOUD PEAK ENERGY INC	COM	18911Q102	244	54,816	SH		DFND	1,2	54,816	0	0
COCA COLA BOTTLING CO CONS	COM	191098102	1,470	6,831	SH		DFND	1,2	6,831	0	0
COEUR MNG INC	COM NEW	192108504	501	66,854	SH		DFND	1,2	66,854	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	917	12,913	SH		DFND	1,2	12,913	0	0
COHU INC	COM	192576106	1,675	76,297	SH		DFND	1,2	76,297	0	0
COMMERCIAL METALS CO	COM	201723103	1,570	73,648	SH		DFND	1,2	73,648	0	0
COMMUNITY HEALTH SYS INC NEW	COM	203668108	677	158,803	SH		DFND	1,2	158,803	0	0
COMTECH TELECOMMUNICATIONS C	COM NEW	205826209	2,114	95,573	SH		DFND	1,2	95,573	0	0
CONAGRA BRANDS INC	COM	205887102	622	16,501	SH		DFND	1,2	16,501	0	0
CONCHO RES INC	COM	20605P101	94	628	SH		DFND	1,2	628	0	0
CONNECTONE BANCORP INC NEW	COM	20786W107	1,496	58,093	SH		DFND	1,2	58,093	0	0
CONOCOPHILLIPS	COM	20825C104	1,134	20,664	SH		DFND	1,2	20,664	0	0
CONSOL ENERGY INC NEW	COM	20854L108	829	20,998	SH		DFND	1,2	20,998	0	0
CONTAINER STORE GROUP INC	COM	210751103	1,579	333,029	SH		DFND	1,2	333,029	0	0
CONTINENTAL BLDG PRODS INC	COM	211171103	1,619	57,514	SH		DFND	1,2	57,514	0	0
CONTINENTAL RESOURCES INC	COM	212015101	85	1,591	SH		DFND	1,2	1,591	0	0
CONVERGYS CORP	COM	212485106	1,565	66,613	SH		DFND	1,2	66,613	0	0
COOPER TIRE & RUBR CO	COM	216831107	1,122	31,753	SH		DFND	1,2	31,753	0	0
COWEN INC	CL A NEW	223622606	1,286	94,243	SH		DFND	1,2	94,243	0	0
CUMMINS INC	COM	231021106	895	5,069	SH		DFND	1,2	5,069	0	0
CURRENCYSHS BRIT POUND STER	BRIT POUND STE	23129S106	9	67	SH		DFND	1,2	67	0	0
CURRENCYSHARES AUSTRALIAN DL	AUSTRALIAN DOL	23129U101	1	15	SH		DFND	1,2	15	0	0
CURRENCYSHS JAPANESE YEN TR	JAPANESE YEN	23130A102	3,098	36,392	SH		DFND	1,2	36,392	0	0
CURRENCYSHARES EURO TR	EURO SHS	23130C108	6,001	51,895	SH		DFND	1,2	51,895	0	0
DBX ETF TR	XTRACK MSCI EAFE	233051200	54,657	1,719,843	SH		DFND	1,2	1,719,843	0	0
DBX ETF TR	XTRACK MSCI JAPN	233051507	1,788	40,540	SH		DFND	1,2	40,540	0	0
DBX ETF TR	XTRACK MSCI EURP	233051853	2,304	81,060	SH		DFND	1,2	81,060	0	0
DHI GROUP INC	COM	23331S100	678	356,642	SH		DFND	1,2	356,642	0	0
DTE ENERGY CO	COM	233331107	826	7,548	SH		DFND	1,2	7,548	0	0
DARLING INGREDIENTS INC	COM	237266101	1,759	97,030	SH		DFND	1,2	97,030	0	0
DELEK US HLDGS INC NEW	COM	24665A103	74	2,125	SH		DFND	1,2	2,125	0	0
DELTIC TIMBER CORP	COM	247850100	5,717	62,452	SH		DFND	1,2	62,452	0	0
DENBURY RES INC	COM NEW	247916208	25	11,442	SH		DFND	1,2	11,442	0	0
DEVON ENERGY CORP NEW	COM	25179M103	92	2,229	SH		DFND	1,2	2,229	0	0
DIAMOND OFFSHORE DRILLING IN	COM	25271C102	34	1,853	SH		DFND	1,2	1,853	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	3,909	346,281	SH		DFND	1,2	346,281	0	0
DILLARDS INC	CL A	254067101	1,619	26,959	SH		DFND	1,2	26,959	0	0
DIODES INC	COM	254543101	1,679	58,579	SH		DFND	1,2	58,579	0	0
DOMTAR CORP	COM NEW	257559203	2,416	48,786	SH		DFND	1,2	48,786	0	0
DRIVE SHACK INC	COM	262077100	1,877	339,459	SH		DFND	1,2	339,459	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	787	9,361	SH		DFND	1,2	9,361	0	0
DYNEX CAP INC	COM NEW	26817Q506	395	56,375	SH		DFND	1,2	56,375	0	0
DYNEGY INC NEW DEL	COM	26817R108	34,303	2,894,735	SH		DFND	1,2	2,894,735	0	0
EOG RES INC	COM	26875P101	264	2,442	SH		DFND	1,2	2,442	0	0
EP ENERGY CORP	CL A	268785102	3	1,135	SH		DFND	1,2	1,135	0	0
EASTERLY GOVT PPTYS INC	COM	27616P103	1,036	48,536	SH		DFND	1,2	48,536	0	0
EDUCATION RLTY TR INC	COM NEW	28140H203	2,931	83,935	SH		DFND	1,2	83,935	0	0
ELLIS PERRY INTL INC	COM	288853104	1,642	65,593	SH		DFND	1,2	65,593	0	0
EMPIRE ST RLTY TR INC	CL A	292104106	3,626	176,627	SH		DFND	1,2	176,627	0	0
EMPLOYERS HOLDINGS INC	COM	292218104	1,649	37,136	SH		DFND	1,2	37,136	0	0
ENERGY XXI GULF COAST INC	COM	29276K101	4	698	SH		DFND	1,2	698	0	0
ENGILITY HLDGS INC NEW	COM	29286C107	1,381	48,687	SH		DFND	1,2	48,687	0	0
ENTEGRIS INC	COM	29362U104	1,833	60,189	SH		DFND	1,2	60,189	0	0
ENTERPRISE FINL SVCS CORP	COM	293712105	1,500	33,221	SH		DFND	1,2	33,221	0	0
ENZO BIOCHEM INC	COM	294100102	1,372	168,301	SH		DFND	1,2	168,301	0	0
EPLUS INC	COM	294268107	1,569	20,864	SH		DFND	1,2	20,864	0	0
EVERCORE INC	CLASS A	29977A105	1,628	18,088	SH		DFND	1,2	18,088	0	0
EXACTECH INC	COM	30064E109	4,642	93,878	SH		DFND	1,2	93,878	0	0
EXPRESS SCRIPTS HLDG CO	COM	30219G108	870	11,655	SH		DFND	1,2	11,655	0	0
EXTRACTION OIL AND GAS INC	COM	30227M105	45	3,110	SH		DFND	1,2	3,110	0	0
EXXON MOBIL CORP	COM	30231G102	1,501	17,947	SH		DFND	1,2	17,947	0	0
F M C CORP	COM NEW	302491303	491	5,189	SH		DFND	1,2	5,189	0	0
FTD COS INC	COM	30281V108	503	69,943	SH		DFND	1,2	69,943	0	0
FAIRMOUNT SANTROL HLDGS INC	COM	30555Q108	23	4,473	SH		DFND	1,2	4,473	0	0
FEDERATED NATL HLDG CO	COM	31422T101	1,339	80,810	SH		DFND	1,2	80,810	0	0
FINANCIAL INSTNS INC	COM	317585404	1,330	42,754	SH		DFND	1,2	42,754	0	0
FIRST BANCORP P R	COM NEW	318672706	1,272	249,321	SH		DFND	1,2	249,321	0	0
FIRST COMWLTH FINL CORP PA	COM	319829107	1,521	106,225	SH		DFND	1,2	106,225	0	0
FIRST DEFIANCE FINL CORP	COM	32006W106	1,478	28,449	SH		DFND	1,2	28,449	0	0
FIRST FINL CORP IND	COM	320218100	1,389	30,633	SH		DFND	1,2	30,633	0	0
FIRST FNDTN INC	COM	32026V104	1,684	90,823	SH		DFND	1,2	90,823	0	0
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	1,423	35,520	SH		DFND	1,2	35,520	0	0
FIRST MERCHANTS CORP	COM	320817109	1,506	35,811	SH		DFND	1,2	35,811	0	0
FIRST MIDWEST BANCORP DEL	COM	320867104	1,428	59,471	SH		DFND	1,2	59,471	0	0
FISERV INC	COM	337738108	873	6,660	SH		DFND	1,2	6,660	0	0
FLAGSTAR BANCORP INC	COM PAR .001	337930705	1,870	49,984	SH		DFND	1,2	49,984	0	0
FLEXSTEEL INDS INC	COM	339382103	1,307	27,946	SH		DFND	1,2	27,946	0	0
FLOWSERVE CORP	COM	34354P105	2,257	53,581	SH		DFND	1,2	53,581	0	0
FORMFACTOR INC	COM	346375108	1,861	118,893	SH		DFND	1,2	118,893	0	0
FOUR CORNERS PPTY TR INC	COM	35086T109	1,743	67,826	SH		DFND	1,2	67,826	0	0
FRANKLIN STREET PPTYS CORP	COM	35471R106	1,231	114,659	SH		DFND	1,2	114,659	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	3,952	208,466	SH		DFND	1,2	208,466	0	0
GMS INC	COM	36251C103	1,513	40,209	SH		DFND	1,2	40,209	0	0
GAIN CAP HLDGS INC	COM	36268W100	1,691	169,101	SH		DFND	1,2	169,101	0	0
GENERAL ELECTRIC CO	COM	369604103	451	25,826	SH		DFND	1,2	25,826	0	0
GENERAL MLS INC	COM	370334104	1,325	22,343	SH		DFND	1,2	22,343	0	0
GENERAL MTRS CO	COM	37045V100	892	21,756	SH		DFND	1,2	21,756	0	0
GETTY RLTY CORP NEW	COM	374297109	964	35,499	SH		DFND	1,2	35,499	0	0
GIBRALTAR INDS INC	COM	374689107	1,128	34,195	SH		DFND	1,2	34,195	0	0
GLOBAL NET LEASE INC	COM NEW	379378201	1,538	74,726	SH		DFND	1,2	74,726	0	0
GLOBAL BRASS & COPPR HLDGS I	COM	37953G103	1,356	40,958	SH		DFND	1,2	40,958	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	848	3,330	SH		DFND	1,2	3,330	0	0
GOVERNMENT PPTYS INCOME TR	COM SHS BEN INT	38376A103	2,008	108,285	SH		DFND	1,2	108,285	0	0
GRANITE PT MTG TR INC	COM	38741L107	828	46,668	SH		DFND	1,2	46,668	0	0
GRAY TELEVISION INC	COM	389375106	1,627	97,144	SH		DFND	1,2	97,144	0	0
GREAT SOUTHN BANCORP INC	COM	390905107	1,441	27,899	SH		DFND	1,2	27,899	0	0
GREAT PLAINS ENERGY INC	COM	391164100	6,424	199,251	SH		DFND	1,2	199,251	0	0
GREEN BANCORP INC	COM	39260X100	1,607	79,155	SH		DFND	1,2	79,155	0	0
GREEN DOT CORP	CL A	39304D102	2,545	42,232	SH		DFND	1,2	42,232	0	0
GREENBRIER COS INC	COM	393657101	1,742	32,687	SH		DFND	1,2	32,687	0	0
GREIF INC	CL A	397624107	1,550	25,584	SH		DFND	1,2	25,584	0	0
GROUP 1 AUTOMOTIVE INC	COM	398905109	1,351	19,031	SH		DFND	1,2	19,031	0	0
GULFPORT ENERGY CORP	COM NEW	402635304	58	4,572	SH		DFND	1,2	4,572	0	0
HCA HEALTHCARE INC	COM	40412C101	761	8,658	SH		DFND	1,2	8,658	0	0
HCI GROUP INC	COM	40416E103	924	30,911	SH		DFND	1,2	30,911	0	0
HP INC	COM	40434L105	903	42,998	SH		DFND	1,2	42,998	0	0
HACKETT GROUP INC	COM	404609109	1,135	72,266	SH		DFND	1,2	72,266	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	170	4,014	SH		DFND	1,2	4,014	0	0
HALCON RES CORP	COM PAR NEW	40537Q605	32	4,212	SH		DFND	1,2	4,212	0	0
HALLIBURTON CO	COM	406216101	179	3,659	SH		DFND	1,2	3,659	0	0
HANCOCK HLDG CO	COM	410120109	1,531	30,929	SH		DFND	1,2	30,929	0	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	902	16,021	SH		DFND	1,2	16,021	0	0
HEARTLAND FINL USA INC	COM	42234Q102	1,513	28,198	SH		DFND	1,2	28,198	0	0
HECLA MNG CO	COM	422704106	578	145,721	SH		DFND	1,2	145,721	0	0
HEIDRICK & STRUGGLES INTL IN	COM	422819102	1,313	53,471	SH		DFND	1,2	53,471	0	0
HERITAGE FINL CORP WASH	COM	42722X106	1,759	57,099	SH		DFND	1,2	57,099	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	775	44,524	SH		DFND	1,2	44,524	0	0
HESS CORP	COM	42809H107	63	1,341	SH		DFND	1,2	1,341	0	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	802	55,837	SH		DFND	1,2	55,837	0	0
HILLTOP HOLDINGS INC	COM	432748101	1,299	51,286	SH		DFND	1,2	51,286	0	0
HOMETRUST BANCSHARES INC	COM	437872104	1,543	59,933	SH		DFND	1,2	59,933	0	0
HONEYWELL INTL INC	COM	438516106	948	6,179	SH		DFND	1,2	6,179	0	0
HOOKER FURNITURE CORP	COM	439038100	1,925	45,356	SH		DFND	1,2	45,356	0	0
HORMEL FOODS CORP	COM	440452100	20,276	557,181	SH		DFND	1,2	557,181	0	0
HOULIHAN LOKEY INC	CL A	441593100	1,858	40,907	SH		DFND	1,2	40,907	0	0
HUB GROUP INC	CL A	443320106	1,455	30,371	SH		DFND	1,2	30,371	0	0
IDT CORP	CL B NEW	448947507	1,174	110,737	SH		DFND	1,2	110,737	0	0
HYSTER YALE MATLS HANDLING I	CL A	449172105	2,126	24,970	SH		DFND	1,2	24,970	0	0
ICF INTL INC	COM	44925C103	1,792	34,124	SH		DFND	1,2	34,124	0	0
IES HLDGS INC	COM	44951W106	1,342	77,814	SH		DFND	1,2	77,814	0	0
ILG INC	COM	44967H101	1,914	67,202	SH		DFND	1,2	67,202	0	0
ISTAR INC	COM	45031U101	818	72,348	SH		DFND	1,2	72,348	0	0
IBERIABANK CORP	COM	450828108	1,381	17,817	SH		DFND	1,2	17,817	0	0
IDEX CORP	COM	45167R104	4,135	31,334	SH		DFND	1,2	31,334	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	934	92,542	SH		DFND	1,2	92,542	0	0
INDEXIQ ETF TR	HEDGE MLTI ETF	45409B107	803	25,985	SH		DFND	1,2	25,985	0	0
INFINITY PPTY & CAS CORP	COM	45665Q103	1,565	14,764	SH		DFND	1,2	14,764	0	0
INFRAREIT INC	COM	45685L100	806	43,373	SH		DFND	1,2	43,373	0	0
INGREDION INC	COM	457187102	388	2,779	SH		DFND	1,2	2,779	0	0
INSIGHT ENTERPRISES INC	COM	45765U103	1,312	34,273	SH		DFND	1,2	34,273	0	0
INNERWORKINGS INC	COM	45773Y105	1,419	141,426	SH		DFND	1,2	141,426	0	0
INNOPHOS HOLDINGS INC	COM	45774N108	1,220	26,110	SH		DFND	1,2	26,110	0	0
INSPERITY INC	COM	45778Q107	1,853	32,310	SH		DFND	1,2	32,310	0	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	906	12,839	SH		DFND	1,2	12,839	0	0
INTERNATIONAL SPEEDWAY CORP	CL A	460335201	1,520	38,141	SH		DFND	1,2	38,141	0	0
INVESCO MORTGAGE CAPITAL INC	COM	46131B100	2,208	123,860	SH		DFND	1,2	123,860	0	0
INVESTORS REAL ESTATE TR	SH BEN INT	461730103	751	132,293	SH		DFND	1,2	132,293	0	0
ISHARES INC	MSCI EURZONE ETF	464286608	2,276	52,480	SH		DFND	1,2	52,480	0	0
ISHARES INC	MSCI PAC JP ETF	464286665	3,008	62,918	SH		DFND	1,2	62,918	0	0
ISHARES TR	CHINA LG-CAP ETF	464287184	21,003	454,894	SH		DFND	1,2	454,894	0	0
ISHARES TR	CORE S&P500 ETF	464287200	963	3,583	SH		DFND	1,2	3,583	0	0
ISHARES TR	CORE US AGGBD ET	464287226	3,328	30,436	SH		DFND	1,2	30,436	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	252,534	2,077,451	SH		DFND	1,2	2,077,451	0	0
ISHARES TR	EAFE SML CP ETF	464288273	54,273	841,442	SH		DFND	1,2	841,442	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	22,557	147,659	SH		DFND	1,2	147,659	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	25	211	SH		DFND	1,2	211	0	0
ISHARES TR	20 YR TR BD ETF	464287432	55	434	SH		DFND	1,2	434	0	0
ISHARES TR	BARCLAYS 7 10 YR	464287440	4,987	47,239	SH		DFND	1,2	47,239	0	0
ISHARES TR	RUS 1000 VAL ETF	464287598	71	570	SH		DFND	1,2	570	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	45,110	334,945	SH		DFND	1,2	334,945	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	17,840	95,558	SH		DFND	1,2	95,558	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	3,043	19,957	SH		DFND	1,2	19,957	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	1	16	SH		DFND	1,2	16	0	0
ISHARES TR	EUROPE ETF	464287861	489	10,357	SH		DFND	1,2	10,357	0	0
ISHARES TR	S&P SML 600 GWT	464287887	9,482	55,726	SH		DFND	1,2	55,726	0	0
ISHARES TR	MSCI AC ASIA ETF	464288182	4,319	56,623	SH		DFND	1,2	56,623	0	0
ISHARES TR	JPMORGAN USD EMG	464288281	30,255	260,604	SH		DFND	1,2	260,604	0	0
ISHARES TR	IBOXX HI YD ETF	464288513	43,525	498,797	SH		DFND	1,2	498,797	0	0
ISHARES TR	MBS ETF	464288588	59,801	561,040	SH		DFND	1,2	561,040	0	0
ISHARES TR	US CR BD ETF	464288620	9,566	85,399	SH		DFND	1,2	85,399	0	0
ISHARES TR	3 7 YR TREAS BD	464288661	2,799	22,908	SH		DFND	1,2	22,908	0	0
ISHARES TR	SHORT TREAS BD	464288679	109,534	993,607	SH		DFND	1,2	993,607	0	0
ISHARES TR	S&P US PFD STK	464288687	57,437	1,508,716	SH		DFND	1,2	1,508,716	0	0
ISHARES SILVER TRUST	ISHARES	46428Q109	382	23,872	SH		DFND	1,2	23,872	0	0
ISHARES TR	FLTG RATE NT ETF	46429B655	14,772	290,679	SH		DFND	1,2	290,679	0	0
ISHARES TR	MSCI CHINA ETF	46429B671	15,567	233,948	SH		DFND	1,2	233,948	0	0
ISHARES TR	MIN VOL USA ETF	46429B697	7	130	SH		DFND	1,2	130	0	0
ISHARES TR	0-5 YR TIPS ETF	46429B747	422	4,221	SH		DFND	1,2	4,221	0	0
ISHARES TR	CORE MSCI EAFE	46432F842	3,141	47,527	SH		DFND	1,2	47,527	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	1,110	19,500	SH		DFND	1,2	19,500	0	0
ISHARES INC	MSCI JPN ETF NEW	46434G822	6,242	104,155	SH		DFND	1,2	104,155	0	0
IXYS CORP	COM	46600W106	6,041	252,237	SH		DFND	1,2	252,237	0	0
JPMORGAN CHASE & CO	COM	46625H100	938	8,769	SH		DFND	1,2	8,769	0	0
JAGGED PEAK ENERGY INC	COM	47009K107	16	1,043	SH		DFND	1,2	1,043	0	0
JOHNSON OUTDOORS INC	CL A	479167108	2,395	38,579	SH		DFND	1,2	38,579	0	0
KMG CHEMICALS INC	COM	482564101	2,022	30,594	SH		DFND	1,2	30,594	0	0
K12 INC	COM	48273U102	1,169	73,545	SH		DFND	1,2	73,545	0	0
KADANT INC	COM	48282T104	2,382	23,722	SH		DFND	1,2	23,722	0	0
KAPSTONE PAPER & PACKAGING C	COM	48562P103	1,648	72,645	SH		DFND	1,2	72,645	0	0
KB HOME	COM	48666K109	2,264	70,871	SH		DFND	1,2	70,871	0	0
KEANE GROUP INC	COM	48669A108	17	891	SH		DFND	1,2	891	0	0
KELLOGG CO	COM	487836108	923	13,579	SH		DFND	1,2	13,579	0	0
KELLY SVCS INC	CL A	488152208	1,757	64,435	SH		DFND	1,2	64,435	0	0
KEMPER CORP DEL	COM	488401100	2,432	35,293	SH		DFND	1,2	35,293	0	0
KENNEDY-WILSON HLDGS INC	COM	489398107	2,461	141,871	SH		DFND	1,2	141,871	0	0
KFORCE INC	COM	493732101	1,498	59,321	SH		DFND	1,2	59,321	0	0
KIMBALL ELECTRONICS INC	COM	49428J109	1,516	83,095	SH		DFND	1,2	83,095	0	0
KIMBERLY CLARK CORP	COM	494368103	705	5,846	SH		DFND	1,2	5,846	0	0
KINDER MORGAN INC DEL	COM	49456B101	171	9,453	SH		DFND	1,2	9,453	0	0
KITE RLTY GROUP TR	COM NEW	49803T300	1,817	92,688	SH		DFND	1,2	92,688	0	0
KOPPERS HOLDINGS INC	COM	50060P106	1,693	33,255	SH		DFND	1,2	33,255	0	0
LAMB WESTON HLDGS INC	COM	513272104	320	5,668	SH		DFND	1,2	5,668	0	0
LEXINGTON REALTY TRUST	COM	529043101	2,327	241,135	SH		DFND	1,2	241,135	0	0
LIBBEY INC	COM	529898108	724	96,615	SH		DFND	1,2	96,615	0	0
LILIS ENERGY INC	COM NEW	532403201	4	871	SH		DFND	1,2	871	0	0
LOUISIANA PAC CORP	COM	546347105	2,844	108,315	SH		DFND	1,2	108,315	0	0
LOWES COS INC	COM	548661107	870	9,361	SH		DFND	1,2	9,361	0	0
M D C HLDGS INC	COM	552676108	1,614	50,618	SH		DFND	1,2	50,618	0	0
MGM GROWTH PPTYS LLC	CL A COM	55303A105	2,291	78,587	SH		DFND	1,2	78,587	0	0
M/I HOMES INC	COM	55305B101	1,978	57,514	SH		DFND	1,2	57,514	0	0
MRC GLOBAL INC	COM	55345K103	1,301	76,862	SH		DFND	1,2	76,862	0	0
MTGE INVT CORP	COM	55378A105	929	50,234	SH		DFND	1,2	50,234	0	0
MACK CALI RLTY CORP	COM	554489104	1,972	91,463	SH		DFND	1,2	91,463	0	0
MAINSOURCE FINANCIAL GP INC	COM	56062Y102	1,645	45,308	SH		DFND	1,2	45,308	0	0
MARATHON PETE CORP	COM	56585A102	148	2,238	SH		DFND	1,2	2,238	0	0
MARCUS CORP	COM	566330106	1,200	43,868	SH		DFND	1,2	43,868	0	0
MATRIX SVC CO	COM	576853105	1,519	85,361	SH		DFND	1,2	85,361	0	0
MCEWEN MNG INC	COM	58039P107	251	110,281	SH		DFND	1,2	110,281	0	0
MERCANTILE BANK CORP	COM	587376104	1,449	40,958	SH		DFND	1,2	40,958	0	0
MERITAGE HOMES CORP	COM	59001A102	1,960	38,273	SH		DFND	1,2	38,273	0	0
MERITOR INC	COM	59001K100	1,929	82,239	SH		DFND	1,2	82,239	0	0
META FINL GROUP INC	COM	59100U108	1,474	15,907	SH		DFND	1,2	15,907	0	0
MILACRON HLDGS CORP	COM	59870L106	1,449	75,699	SH		DFND	1,2	75,699	0	0
MILLER HERMAN INC	COM	600544100	1,787	44,631	SH		DFND	1,2	44,631	0	0
MINERALS TECHNOLOGIES INC	COM	603158106	1,266	18,386	SH		DFND	1,2	18,386	0	0
MOBILEIRON INC	COM NEW	60739U204	1,263	323,825	SH		DFND	1,2	323,825	0	0
MODINE MFG CO	COM	607828100	2,332	115,466	SH		DFND	1,2	115,466	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	1,404	78,853	SH		DFND	1,2	78,853	0	0
MOODYS CORP	COM	615369105	1,016	6,882	SH		DFND	1,2	6,882	0	0
MOOG INC	CL A	615394202	1,816	20,911	SH		DFND	1,2	20,911	0	0
MORGAN STANLEY	COM NEW	617446448	942	17,945	SH		DFND	1,2	17,945	0	0
NCI BUILDING SYS INC	COM NEW	628852204	1,585	82,149	SH		DFND	1,2	82,149	0	0
NMI HLDGS INC	CL A	629209305	2,101	123,561	SH		DFND	1,2	123,561	0	0
NACCO INDS INC	CL A	629579103	3,326	88,340	SH		DFND	1,2	88,340	0	0
NANOMETRICS INC	COM	630077105	1,153	46,253	SH		DFND	1,2	46,253	0	0
NATIONAL COMM CORP	COM	63546L102	1,549	38,489	SH		DFND	1,2	38,489	0	0
NATIONAL GEN HLDGS CORP	COM	636220303	1,165	59,300	SH		DFND	1,2	59,300	0	0
NATIONAL OILWELL VARCO INC	COM	637071101	58	1,610	SH		DFND	1,2	1,610	0	0
NATIONAL STORAGE AFFILIATES	COM SHS BEN IN	637870106	1,488	54,597	SH		DFND	1,2	54,597	0	0
NEENAH PAPER INC	COM	640079109	1,142	12,600	SH		DFND	1,2	12,600	0	0
NEW SR INVT GROUP INC	COM	648691103	672	88,899	SH		DFND	1,2	88,899	0	0
NEW YORK MTG TR INC	COM PAR $.02	649604501	758	122,798	SH		DFND	1,2	122,798	0	0
NEWMONT MINING CORP	COM	651639106	7,366	196,309	SH		DFND	1,2	196,309	0	0
NOBLE ENERGY INC	COM	655044105	54	1,841	SH		DFND	1,2	1,841	0	0
NORTHERN TR CORP	COM	665859104	887	8,880	SH		DFND	1,2	8,880	0	0
NOW INC	COM	67011P100	34	3,067	SH		DFND	1,2	3,067	0	0
NUCOR CORP	COM	670346105	819	12,876	SH		DFND	1,2	12,876	0	0
NXSTAGE MEDICAL INC	COM	67072V103	3,234	133,469	SH		DFND	1,2	133,469	0	0
OASIS PETE INC NEW	COM	674215108	56	6,718	SH		DFND	1,2	6,718	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	238	3,234	SH		DFND	1,2	3,234	0	0
OCEANEERING INTL INC	COM	675232102	59	2,812	SH		DFND	1,2	2,812	0	0
OFFICE DEPOT INC	COM	676220106	1,069	301,984	SH		DFND	1,2	301,984	0	0
OIL STS INTL INC	COM	678026105	41	1,445	SH		DFND	1,2	1,445	0	0
OMNOVA SOLUTIONS INC	COM	682129101	1,423	142,305	SH		DFND	1,2	142,305	0	0
FLWS/1-800 FLOWERS	CL A	68243Q106	1,478	138,107	SH		DFND	1,2	138,107	0	0
ORACLE CORP	COM	68389X105	815	17,242	SH		DFND	1,2	17,242	0	0
ORBITAL ATK INC	COM	68557N103	19,336	147,043	SH		DFND	1,2	147,043	0	0
ORCHID IS CAP INC	COM	68571X103	458	49,396	SH		DFND	1,2	49,396	0	0
OVERSTOCK COM INC DEL	COM	690370101	5,234	81,914	SH		DFND	1,2	81,914	0	0
PBF ENERGY INC	CL A	69318G106	105	2,974	SH		DFND	1,2	2,974	0	0
PC CONNECTION INC	COM	69318J100	1,255	47,894	SH		DFND	1,2	47,894	0	0
PHH CORP	COM NEW	693320202	1,140	110,663	SH		DFND	1,2	110,663	0	0
PNC FINL SVCS GROUP INC	COM	693475105	924	6,401	SH		DFND	1,2	6,401	0	0
PAR PACIFIC HOLDINGS INC	COM NEW	69888T207	18	926	SH		DFND	1,2	926	0	0
PEAPACK-GLADSTONE FINL CORP	COM	704699107	1,667	47,598	SH		DFND	1,2	47,598	0	0
PEBBLEBROOK HOTEL TR	COM	70509V100	2,803	75,397	SH		DFND	1,2	75,397	0	0
PENN NATL GAMING INC	COM	707569109	2,395	76,440	SH		DFND	1,2	76,440	0	0
PENNSYLVANIA RL ESTATE INVT	SH BEN INT	709102107	899	75,585	SH		DFND	1,2	75,585	0	0
PENNYMAC MTG INVT TR	COM	70931T103	1,141	70,973	SH		DFND	1,2	70,973	0	0
PENNYMAC FINL SVCS INC	CL A	70932B101	1,846	82,605	SH		DFND	1,2	82,605	0	0
PEOPLES BANCORP INC	COM	709789101	1,452	44,499	SH		DFND	1,2	44,499	0	0
PHILLIPS 66	COM	718546104	221	2,186	SH		DFND	1,2	2,186	0	0
PHYSICIANS RLTY TR	COM	71943U104	3,567	198,292	SH		DFND	1,2	198,292	0	0
PILGRIMS PRIDE CORP NEW	COM	72147K108	8,139	262,046	SH		DFND	1,2	262,046	0	0
PIMCO ETF TR	1-5 US TIP IDX	72201R205	308	5,941	SH		DFND	1,2	5,941	0	0
PIMCO ETF TR	ENHAN SHRT MA AC	72201R833	7,177	70,672	SH		DFND	1,2	70,672	0	0
PINNACLE ENTMT INC NEW	COM	72348Y105	2,362	72,171	SH		DFND	1,2	72,171	0	0
PIONEER ENERGY SVCS CORP	COM	723664108	7	2,183	SH		DFND	1,2	2,183	0	0
PIONEER NAT RES CO	COM	723787107	124	720	SH		DFND	1,2	720	0	0
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	91	4,124	SH		DFND	1,2	4,124	0	0
PLATFORM SPECIALTY PRODS COR	COM	72766Q105	424	42,778	SH		DFND	1,2	42,778	0	0
PLEXUS CORP	COM	729132100	1,480	24,376	SH		DFND	1,2	24,376	0	0
PLY GEM HLDGS INC	COM	72941W100	1,323	71,498	SH		DFND	1,2	71,498	0	0
POST HLDGS INC	COM	737446104	197	2,492	SH		DFND	1,2	2,492	0	0
POTBELLY CORP	COM	73754Y100	1,247	101,350	SH		DFND	1,2	101,350	0	0
POWERSHS DB MULTI SECT COMM	DB GOLD FUND	73936B606	1	15	SH		DFND	1,2	15	0	0
POWERSHS DB US DOLLAR INDEX	DOLL INDX BULL	73936D107	166	6,925	SH		DFND	1,2	6,925	0	0
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	47,482	2,060,844	SH		DFND	1,2	2,060,844	0	0
POWERSHARES ETF TR II	SOVEREIGN DEBT	73936T573	16,477	557,773	SH		DFND	1,2	557,773	0	0
POWERSHARES ETF TR II	KBW BK PORT	73937B746	535	9,705	SH		DFND	1,2	9,705	0	0
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	3	70	SH		DFND	1,2	70	0	0
PREFERRED APT CMNTYS INC	COM	74039L103	817	40,322	SH		DFND	1,2	40,322	0	0
PROGRESSIVE CORP OHIO	COM	743315103	1,107	19,647	SH		DFND	1,2	19,647	0	0
PROPETRO HLDG CORP	COM	74347M108	36	1,780	SH		DFND	1,2	1,780	0	0
PROSHARES TR	PSHS SH MSCI EAF	74347R370	502	20,659	SH		DFND	1,2	20,659	0	0
PROSHARES TR	PSHS SH MSCI EMR	74347R396	1,821	107,803	SH		DFND	1,2	107,803	0	0
PROSHARES TR II	ULTRASHORT YEN N	74347W569	5	70	SH		DFND	1,2	70	0	0
PROSHARES TR	ULTSHT REAL EST	74348A244	237	7,326	SH		DFND	1,2	7,326	0	0
PROSHARES TR	ULTSHT RUSS2000	74348A319	238	14,374	SH		DFND	1,2	14,374	0	0
PRUDENTIAL FINL INC	COM	744320102	830	7,215	SH		DFND	1,2	7,215	0	0
QCR HOLDINGS INC	COM	74727A104	1,425	33,255	SH		DFND	1,2	33,255	0	0
QUAD / GRAPHICS INC	COM CL A	747301109	1,261	55,817	SH		DFND	1,2	55,817	0	0
QEP RES INC	COM	74733V100	66	6,916	SH		DFND	1,2	6,916	0	0
QTS RLTY TR INC	COM CL A	74736A103	2,616	48,297	SH		DFND	1,2	48,297	0	0
QUALITY CARE PPTYS INC	COM	747545101	1,440	104,262	SH		DFND	1,2	104,262	0	0
QUANEX BUILDING PRODUCTS COR	COM	747619104	1,628	69,582	SH		DFND	1,2	69,582	0	0
QUORUM HEALTH CORP	COM	74909E106	1,616	258,965	SH		DFND	1,2	258,965	0	0
RPC INC	COM	749660106	44	1,730	SH		DFND	1,2	1,730	0	0
RMR GROUP INC	CL A	74967R106	1,687	28,454	SH		DFND	1,2	28,454	0	0
RADIAN GROUP INC	COM	750236101	1,617	78,442	SH		DFND	1,2	78,442	0	0
RAMCO-GERSHENSON PPTYS TR	COM SH BEN INT	751452202	1,277	86,662	SH		DFND	1,2	86,662	0	0
RAYONIER ADVANCED MATLS INC	COM	75508B104	2,142	104,722	SH		DFND	1,2	104,722	0	0
REDWOOD TR INC	COM	758075402	1,252	84,450	SH		DFND	1,2	84,450	0	0
REGIS CORP MINN	COM	758932107	1,846	120,203	SH		DFND	1,2	120,203	0	0
RENASANT CORP	COM	75970E107	1,451	35,489	SH		DFND	1,2	35,489	0	0
RENEWABLE ENERGY GROUP INC	COM NEW	75972A301	1,591	134,808	SH		DFND	1,2	134,808	0	0
RESOLUTE ENERGY CORP	COM NEW	76116A306	18	559	SH		DFND	1,2	559	0	0
RESOURCE CAP CORP	COM NEW	76120W708	304	32,438	SH		DFND	1,2	32,438	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	2,388	119,699	SH		DFND	1,2	119,699	0	0
REXNORD CORP NEW	COM	76169B102	1,106	42,469	SH		DFND	1,2	42,469	0	0
REXFORD INDL RLTY INC	COM	76169C100	2,515	86,258	SH		DFND	1,2	86,258	0	0
ROADRUNNER TRNSN SVCS HLDG I	COM	76973Q105	1,581	205,045	SH		DFND	1,2	205,045	0	0
ROCKWELL COLLINS INC	COM	774341101	29,517	217,643	SH		DFND	1,2	217,643	0	0
ROGERS CORP	COM	775133101	2,655	16,397	SH		DFND	1,2	16,397	0	0
ROYAL GOLD INC	COM	780287108	1,975	24,051	SH		DFND	1,2	24,051	0	0
RUDOLPH TECHNOLOGIES INC	COM	781270103	1,503	62,888	SH		DFND	1,2	62,888	0	0
RUSH ENTERPRISES INC	CL A	781846209	2,163	42,574	SH		DFND	1,2	42,574	0	0
RUTHS HOSPITALITY GROUP INC	COM	783332109	1,521	70,248	SH		DFND	1,2	70,248	0	0
RYDEX ETF TRUST	GUG S&P500 PU VA	78355W304	1	21	SH		DFND	1,2	21	0	0
RYDEX ETF TRUST	GUG S&P500 PU GR	78355W403	2,402	22,917	SH		DFND	1,2	22,917	0	0
RYERSON HLDG CORP	COM	783754104	1,163	111,785	SH		DFND	1,2	111,785	0	0
SJW GROUP	COM	784305104	1,868	29,272	SH		DFND	1,2	29,272	0	0
SM ENERGY CO	COM	78454L100	71	3,198	SH		DFND	1,2	3,198	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,912	7,164	SH		DFND	1,2	7,164	0	0
SPDR INDEX SHS FDS	S&P CHINA ETF	78463X400	6,270	58,501	SH		DFND	1,2	58,501	0	0
SPDR INDEX SHS FDS	S&P EMKTSC ETF	78463X756	29,049	558,651	SH		DFND	1,2	558,651	0	0
SPDR INDEX SHS FDS	S&P INTL SMLCP	78463X871	4,331	122,079	SH		DFND	1,2	122,079	0	0
SPDR SERIES TRUST	BLMBRG BRC CNVRT	78464A359	958	18,940	SH		DFND	1,2	18,940	0	0
SPDR SERIES TRUST	BLOMBRG BRC MRTG	78464A383	22,032	846,709	SH		DFND	1,2	846,709	0	0
SPDR SERIES TRUST	BLOOMBERG BRCLYS	78464A417	51,613	1,405,592	SH		DFND	1,2	1,405,592	0	0
SPDR SERIES TRUST	DJ REIT ETF	78464A607	1	9	SH		DFND	1,2	9	0	0
SPDR SERIES TRUST	PORTFOLIO AGRGTE	78464A649	79	2,758	SH		DFND	1,2	2,758	0	0
SPDR SERIES TRUST	S&P BK ETF	78464A797	1,989	42,023	SH		DFND	1,2	42,023	0	0
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	13,418	284,399	SH		DFND	1,2	284,399	0	0
SPDR SER TR	SPDR BLOOMBERG	78468R663	23,686	259,148	SH		DFND	1,2	259,148	0	0
SP PLUS CORP	COM	78469C103	1,549	41,742	SH		DFND	1,2	41,742	0	0
SPX FLOW INC	COM	78469X107	1,929	40,572	SH		DFND	1,2	40,572	0	0
SRC ENERGY INC	COM	78470V108	57	6,721	SH		DFND	1,2	6,721	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	3,681	196,107	SH		DFND	1,2	196,107	0	0
SANCHEZ ENERGY CORP	COM	79970Y105	11	2,088	SH		DFND	1,2	2,088	0	0
SANDERSON FARMS INC	COM	800013104	3,863	27,832	SH		DFND	1,2	27,832	0	0
SANMINA CORPORATION	COM	801056102	1,145	34,699	SH		DFND	1,2	34,699	0	0
SCANSOURCE INC	COM	806037107	1,285	35,902	SH		DFND	1,2	35,902	0	0
SCHLUMBERGER LTD	COM	806857108	394	5,836	SH		DFND	1,2	5,836	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	5,030	77,947	SH		DFND	1,2	77,947	0	0
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	2,004	40,051	SH		DFND	1,2	40,051	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	17,554	205,598	SH		DFND	1,2	205,598	0	0
SEABOARD CORP	COM	811543107	5,451	1,236	SH		DFND	1,2	1,236	0	0
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	675	11,166	SH		DFND	1,2	11,166	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	1,408	17,020	SH		DFND	1,2	17,020	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	2	38	SH		DFND	1,2	38	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	3,883	39,350	SH		DFND	1,2	39,350	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	125	1,719	SH		DFND	1,2	1,719	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	34,952	1,252,293	SH		DFND	1,2	1,252,293	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	16,154	252,598	SH		DFND	1,2	252,598	0	0
SELECT INCOME REIT	COM SH BEN INT	81618T100	1,756	69,882	SH		DFND	1,2	69,882	0	0
SELECT MED HLDGS CORP	COM	81619Q105	1,863	105,532	SH		DFND	1,2	105,532	0	0
SELECTIVE INS GROUP INC	COM	816300107	1,754	29,885	SH		DFND	1,2	29,885	0	0
SEMGROUP CORP	CL A	81663A105	68	2,258	SH		DFND	1,2	2,258	0	0
SERITAGE GROWTH PPTYS	CL A	81752R100	1,141	28,207	SH		DFND	1,2	28,207	0	0
SHELL MIDSTREAM PARTNERS L P	UNIT LTD INT	822634101	85	2,857	SH		DFND	1,2	2,857	0	0
SILVER SPRING NETWORKS INC	COM	82817Q103	9,068	558,399	SH		DFND	1,2	558,399	0	0
SIMMONS 1ST NATL CORP	CL A $1 PAR	828730200	1,459	25,560	SH		DFND	1,2	25,560	0	0
SKYWEST INC	COM	830879102	2,185	41,140	SH		DFND	1,2	41,140	0	0
SMUCKER J M CO	COM NEW	832696405	560	4,515	SH		DFND	1,2	4,515	0	0
SOLARIS OILFIELD INFRSTR INC	COM CL A	83418M103	11	506	SH		DFND	1,2	506	0	0
SOUTHERN COPPER CORP	COM	84265V105	5,615	118,339	SH		DFND	1,2	118,339	0	0
SOUTHWEST AIRLS CO	COM	844741108	937	14,319	SH		DFND	1,2	14,319	0	0
SPARTAN MTRS INC	COM	846819100	2,773	176,087	SH		DFND	1,2	176,087	0	0
SPARTANNASH CO	COM	847215100	1,074	40,258	SH		DFND	1,2	40,258	0	0
STAG INDL INC	COM	85254J102	2,856	104,505	SH		DFND	1,2	104,505	0	0
STANLEY BLACK & DECKER INC	COM	854502101	986	5,809	SH		DFND	1,2	5,809	0	0
STATE AUTO FINL CORP	COM	855707105	1,494	51,318	SH		DFND	1,2	51,318	0	0
STATE BK FINL CORP	COM	856190103	1,609	53,917	SH		DFND	1,2	53,917	0	0
STATE STR CORP	COM	857477103	943	9,657	SH		DFND	1,2	9,657	0	0
STEPAN CO	COM	858586100	1,411	17,872	SH		DFND	1,2	17,872	0	0
STONERIDGE INC	COM	86183P102	1,775	77,668	SH		DFND	1,2	77,668	0	0
SUMMIT HOTEL PPTYS INC	COM	866082100	3,083	202,428	SH		DFND	1,2	202,428	0	0
SUNCOKE ENERGY INC	COM	86722A103	563	46,966	SH		DFND	1,2	46,966	0	0
SUNTRUST BKS INC	COM	867914103	899	13,912	SH		DFND	1,2	13,912	0	0
SUPER MICRO COMPUTER INC	COM	86800U104	1,163	55,573	SH		DFND	1,2	55,573	0	0
SUPERIOR ENERGY SVCS INC	COM	868157108	42	4,353	SH		DFND	1,2	4,353	0	0
SUPERIOR INDS INTL INC	COM	868168105	825	55,573	SH		DFND	1,2	55,573	0	0
SYKES ENTERPRISES INC	COM	871237103	1,506	47,897	SH		DFND	1,2	47,897	0	0
SYNAPTICS INC	COM	87157D109	1,136	28,449	SH		DFND	1,2	28,449	0	0
TCF FINL CORP	COM	872275102	1,697	82,766	SH		DFND	1,2	82,766	0	0
TTM TECHNOLOGIES INC	COM	87305R109	1,368	87,327	SH		DFND	1,2	87,327	0	0
TALLGRASS ENERGY PARTNERS LP	COM UNIT	874697105	62	1,345	SH		DFND	1,2	1,345	0	0
TANGER FACTORY OUTLET CTRS I	COM	875465106	2,735	103,152	SH		DFND	1,2	103,152	0	0
TAYLOR MORRISON HOME CORP	CL A	87724P106	1,617	66,086	SH		DFND	1,2	66,086	0	0
TECH DATA CORP	COM	878237106	1,471	15,015	SH		DFND	1,2	15,015	0	0
TEREX CORP NEW	COM	880779103	2,163	44,850	SH		DFND	1,2	44,850	0	0
TERRENO RLTY CORP	COM	88146M101	2,078	59,266	SH		DFND	1,2	59,266	0	0
TEXAS INSTRS INC	COM	882508104	997	9,546	SH		DFND	1,2	9,546	0	0
TIER REIT INC	COM NEW	88650V208	1,072	52,572	SH		DFND	1,2	52,572	0	0
TIME INC NEW	COM	887228104	5,229	283,430	SH		DFND	1,2	283,430	0	0
TITAN INTL INC ILL	COM	88830M102	131	10,198	SH		DFND	1,2	10,198	0	0
TOWER INTL INC	COM	891826109	1,588	51,995	SH		DFND	1,2	51,995	0	0
TRAVELERS COMPANIES INC	COM	89417E109	868	6,401	SH		DFND	1,2	6,401	0	0
TREDEGAR CORP	COM	894650100	1,541	80,264	SH		DFND	1,2	80,264	0	0
TRIBUNE MEDIA CO	CL A	896047503	9,474	223,079	SH		DFND	1,2	223,079	0	0
TRICO BANCSHARES	COM	896095106	1,502	39,662	SH		DFND	1,2	39,662	0	0
TRISTATE CAP HLDGS INC	COM	89678F100	1,388	60,336	SH		DFND	1,2	60,336	0	0
TRUEBLUE INC	COM	89785X101	1,417	51,515	SH		DFND	1,2	51,515	0	0
TUTOR PERINI CORP	COM	901109108	1,123	44,295	SH		DFND	1,2	44,295	0	0
TYSON FOODS INC	CL A	902494103	29,887	368,658	SH		DFND	1,2	368,658	0	0
UNIFI INC	COM NEW	904677200	1,780	49,610	SH		DFND	1,2	49,610	0	0
UNISYS CORP	COM NEW	909214306	823	100,966	SH		DFND	1,2	100,966	0	0
UNITED INS HLDGS CORP	COM	910710102	1,523	88,316	SH		DFND	1,2	88,316	0	0
UNITED NAT FOODS INC	COM	911163103	1,606	32,603	SH		DFND	1,2	32,603	0	0
UNIVAR INC	COM	91336L107	1,423	45,959	SH		DFND	1,2	45,959	0	0
UNIVERSAL FST PRODS INC	COM	913543104	1,613	42,869	SH		DFND	1,2	42,869	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	1,243	13,520	SH		DFND	1,2	13,520	0	0
VANECK VECTORS ETF TR	HIGH YLD MUN ETF	92189F361	1,179	37,813	SH		DFND	1,2	37,813	0	0
VANECK VECTORS ETF TR	JP MORGAN MKTS	92189F494	16,525	870,673	SH		DFND	1,2	870,673	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	285,982	3,615,456	SH		DFND	1,2	3,615,456	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	2,343	28,721	SH		DFND	1,2	28,721	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	5,104	113,768	SH		DFND	1,2	113,768	0	0
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	1,441	29,517	SH		DFND	1,2	29,517	0	0
VANGUARD INTL EQUITY INDEX F	FTSE SMCAP ETF	922042718	24,553	205,931	SH		DFND	1,2	205,931	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,784	38,855	SH		DFND	1,2	38,855	0	0
VANGUARD INTL EQUITY INDEX F	FTSE PACIFIC ETF	922042866	4,893	67,126	SH		DFND	1,2	67,126	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	2,806	47,451	SH		DFND	1,2	47,451	0	0
VANGUARD WORLD FDS	CONSUM DIS ETF	92204A108	687	4,405	SH		DFND	1,2	4,405	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	1	7	SH		DFND	1,2	7	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	17	175	SH		DFND	1,2	175	0	0
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	361	5,158	SH		DFND	1,2	5,158	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	513	3,327	SH		DFND	1,2	3,327	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	1,079	6,550	SH		DFND	1,2	6,550	0	0
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	116	849	SH		DFND	1,2	849	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	903	11,388	SH		DFND	1,2	11,388	0	0
VANGUARD SCOTTSDALE FDS	VNG RUS2000IDX	92206C664	16	134	SH		DFND	1,2	134	0	0
VANGUARD SCOTTSDALE FDS	MORTG-BACK SEC	92206C771	67,352	1,284,366	SH		DFND	1,2	1,284,366	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	93,789	1,073,229	SH		DFND	1,2	1,073,229	0	0
VECTRUS INC	COM	92242T101	1,945	63,045	SH		DFND	1,2	63,045	0	0
VANGUARD INDEX FDS	REIT ETF	922908553	10	120	SH		DFND	1,2	120	0	0
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	13,305	82,721	SH		DFND	1,2	82,721	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	35,019	248,977	SH		DFND	1,2	248,977	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	63	594	SH		DFND	1,2	594	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	40,516	295,198	SH		DFND	1,2	295,198	0	0
VIAD CORP	COM NEW	92552R406	1,727	31,170	SH		DFND	1,2	31,170	0	0
VIPER ENERGY PARTNERS LP	COM UNT RP INT	92763M105	27	1,167	SH		DFND	1,2	1,167	0	0
WGL HLDGS INC	COM	92924F106	4,404	51,306	SH		DFND	1,2	51,306	0	0
WABASH NATL CORP	COM	929566107	1,478	68,098	SH		DFND	1,2	68,098	0	0
WALKER & DUNLOP INC	COM	93148P102	1,604	33,778	SH		DFND	1,2	33,778	0	0
WASHINGTON PRIME GROUP NEW	COM	93964W108	1,468	206,169	SH		DFND	1,2	206,169	0	0
WASHINGTON REAL ESTATE INVT	SH BEN INT	939653101	2,694	86,562	SH		DFND	1,2	86,562	0	0
WEIS MKTS INC	COM	948849104	978	23,620	SH		DFND	1,2	23,620	0	0
WESCO INTL INC	COM	95082P105	1,382	20,272	SH		DFND	1,2	20,272	0	0
WESTERN ASSET MTG CAP CORP	COM	95790D105	450	45,203	SH		DFND	1,2	45,203	0	0
WESTMORELAND COAL CO	COM	960878106	16	13,563	SH		DFND	1,2	13,563	0	0
WHITESTONE REIT	COM	966084204	593	41,127	SH		DFND	1,2	41,127	0	0
WHITING PETE CORP NEW	COM NEW	966387409	69	2,599	SH		DFND	1,2	2,599	0	0
WILLIAMS COS INC DEL	COM	969457100	107	3,497	SH		DFND	1,2	3,497	0	0
WINTRUST FINL CORP	COM	97650W108	1,679	20,380	SH		DFND	1,2	20,380	0	0
WISDOMTREE TR	EM LCL DEBT FD	97717X867	795	20,705	SH		DFND	1,2	20,705	0	0
XCERRA CORP	COM	98400J108	1,670	170,620	SH		DFND	1,2	170,620	0	0
XENIA HOTELS & RESORTS INC	COM	984017103	2,562	118,643	SH		DFND	1,2	118,643	0	0
XYLEM INC	COM	98419M100	5,018	73,584	SH		DFND	1,2	73,584	0	0