First Heartland Consultants 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
AEGEAN MARINE PETROLEUM NETW	SHS	Y0017S102	693	74,790	SH		SOLE		0	0	74,790
AIR TRANSPORT SERVICES GRP I	COM	00922R105	302	45,660	SH		SOLE		0	0	45,660
ALPS ETF TR	ALERIAN MLP	00162Q866	2,712	151,957	SH		SOLE		0	0	151,957
ALTRIA GROUP INC	COM	02209S103	1,376	39,314	SH		SOLE		0	0	39,314
AMEREN CORP	COM	023608102	473	13,725	SH		SOLE		0	0	13,725
AMERICAN EXPRESS CO	COM	025816109	416	5,559	SH		SOLE		0	0	5,559
AMERICAN RLTY CAP PPTYS INC	COM	02917T104	1,049	68,718	SH		SOLE		0	0	68,718
AMERISERV FINL INC	COM	03074A102	124	45,400	SH		SOLE		0	0	45,400
AMGEN INC	COM	031162100	294	2,984	SH		SOLE		0	0	2,984
APPLE INC	COM	037833100	2,486	6,268	SH		SOLE		0	0	6,268
ARGO GROUP INTL HLDGS LTD	COM	G0464B107	631	14,883	SH		SOLE		0	0	14,883
ARKANSAS BEST CORP DEL	COM	40790107	363	15,810	SH		SOLE		0	0	15,810
AT&T INC	COM	00206R102	1,814	51,245	SH		SOLE		0	0	51,245
ATLAS AIR WORDWIDE HLDGS IN	COM NEW	049164205	319	7,300	SH		SOLE		0	0	7,300
B&G FOODS INC NEW	COM	05508R106	216	6,350	SH		SOLE		0	0	6,350
BANK OF AMERICA	COM	060505104	300	23,293	SH		SOLE		0	0	23,293
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,037	9,269	SH		SOLE		0	0	9,269
BLACKROCK KELSO CAPITAL CORP	COM	092533108	183	19,520	SH		SOLE		0	0	19,520
BOEING CO	COM	097023105	395	3,857	SH		SOLE		0	0	3,857
BRISTOL MEYERS SQUIBB CO	COM	110122108	206	4,619	SH		SOLE		0	0	4,619
BROADCOM CORP	CL A	111320107	330	9,753	SH		SOLE		0	0	9,753
CAL DIVE INTL INC	COM	12802T101	392	208,420	SH		SOLE		0	0	208,420
CAMPUS CREST CMNTYS INC	COM	13466Y105	194	16,825	SH		SOLE		0	0	16,825
CASTLE AM & CO	COM	148411101	202	12,800	SH		SOLE		0	0	12,800
CATERPILLAR INC DEL	COM	149123101	330	4,000	SH		SOLE		0	0	4,000
CELESTICA INC	SUB VTG SHS	15101Q108	401	42,410	SH		SOLE		0	0	42,410
CELGENE CORP	COM	151020104	330	2,820	SH		SOLE		0	0	2,820
CELL THERAPEUTICS INC	COM NPV NEW 2012	150934883	78	74,624	SH		SOLE		0	0	74,624
CENTRAL FD CDA LTD	CL A	153501101	447	32,901	SH		SOLE		0	0	32,901
CENTURYLINK INC	COM	156700106	259	7,338	SH		SOLE		0	0	7,338
CHEVRON CORP NEW	COM	166764100	1,822	15,393	SH		SOLE		0	0	15,393
CHIQUITA BRANDS	COM	170032809	1,030	94,320	SH		SOLE		0	0	94,320
CISCO SYS INC	COM	17275R102	434	17,854	SH		SOLE		0	0	17,854
CLAYMORE EXCHAND TRD FD TR	GUG MULTI ASSET	18383M506	215	9,281	SH		SOLE		0	0	9,281
CLAYMORE EXCHAND TRD FD TR	GUG BULL2019 E	18383M522	34	1,643	SH		SOLE		0	0	1,643
CLAYMORE EXCHAND TRD FD TR	GUG CRP BD 2017	18383M548	36	1,608	SH		SOLE		0	0	1,608
CLAYMORE EXCHAND TRD FD TR	GUG CRP BD 2016	18383M555	35	1,607	SH		SOLE		0	0	1,607
CLAYMORE EXCHAND TRD FD TR	GUGG CRP BD 2015	18383M563	35	1,606	SH		SOLE		0	0	1,606
CLAYMORE EXCHAND TRD FD TR	GUGG CRP BD 2014	18383M571	34	1,605	SH		SOLE		0	0	1,605
CLAYMORE EXCHAND TRD FD TR	GUGG CRP BD 2013	18383M589	33	1,603	SH		SOLE		0	0	1,603
CLAYMORE EXCHAND TRD FD TR	GUGG CA ENRG INC	18383Q606	24	1,787	SH		SOLE		0	0	1,787
CLAYMORE EXCHAND TRD FD TR	GUGG TIMBER ETF	18383Q879	65	3,000	SH		SOLE		0	0	3,000
CLAYMORE EXCHAND TRD FD TR	GUG BULL2020 E	18383M514	32	1,559	SH		SOLE		0	0	1,559
CLAYMORE EXCHAND TRD FD TR	GUG MIDCAP CORE	18383M720	223	5,605	SH		SOLE		0	0	5,605
CNA FINL CORP	COM	126117100	565	17,320	SH		SOLE		0	0	17,320
COCA COLA COMPANY	COM	191216100	494	12,316	SH		SOLE		0	0	12,316
COMMERCIAL VEH GROUP INC	COM	202608105	254	34,040	SH		SOLE		0	0	34,040
CONOCOPHILLIPS	COM	20825C104	528	8,728	SH		SOLE		0	0	8,728
CONSOLIDATED EDISON INC	COM	209115104	416	7,140	SH		SOLE		0	0	7,140
DBX ETF TR	XTRAK MSCI EAFE	233051200	513	21,426	SH		SOLE		0	0	21,426
DBX ETF TR	XTRAK MSCI JAPN	233051507	22	655	SH		SOLE		0	0	655
DEVON ENERGY CORP NEW	COM	25179M103	204	3,939	SH		SOLE		0	0	3,939
DIAGEO PLC	SPON ADR NEW	25243Q205	285	2,475	SH		SOLE		0	0	2,475
DOLE FOOD CO INC	NEW	256603101	764	59,950	SH		SOLE		0	0	59,950
DUKE ENERGY CORP NEW	COM NEW	26441C204	328	4,865	SH		SOLE		0	0	4,865
LILLY ELI & CO	COM	532457108	537	10,937	SH		SOLE		0	0	10,937
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	740	14,640	SH		SOLE		0	0	14,640
ETFS GOLD TR	SHS	26922Y105	319	2,630	SH		SOLE		0	0	2,630
EXELON CORP	COM	30161N101	243	7,863	SH		SOLE		0	0	7,863
EXXON MOBIL CORP	COM	30231G102	1,493	16,522	SH		SOLE		0	0	16,522
FERRO CORP	COM	315405100	402	57,810	SH		SOLE		0	0	57,810
FIRST TR HIGH INCOME L/S FD	COM	33738E109	292	16,621	SH		SOLE		0	0	16,621
FIRST TR VALUE LINE DIVID IN	SHS	33734H106	823	42,289	SH		SOLE		0	0	42,289
FIRST TR EXCHANGE TRADED FD	CONSUMR DISCRE	33734X101	481	17,728	SH		SOLE		0	0	17,728
FIRST TR EXCHANGE TRADED FD	ENERGY ALPHADX	33734X127	108	4,999	SH		SOLE		0	0	4,999
FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX	33734X135	317	16,859	SH		SOLE		0	0	16,859
FIRST TR EXCHANGE TRADED FD	HLTH CARE ALPH	33734X143	381	9,589	SH		SOLE		0	0	9,589
FIRST TR EXCHANGE TRADED FD	INDLS PROD DUR	33734X150	168	7,457	SH		SOLE		0	0	7,457
FIRST TR EXCHANGE TRADED FD	UTILITIES ALPH	33734X184	54	2,705	SH		SOLE		0	0	2,705
FIRST TR EXCHANGE TRADED FD	DJ GLBL DIVID	33734X200	85	3,690	SH		SOLE		0	0	3,690
FIRST TR MORNINGSTAR DIV LEA	SHS	336917109	626	30,358	SH		SOLE		0	0	30,358
FIRST TR US IPO INDEX FD	SHS	336920103	2	68	SH		SOLE		0	0	68
FIRST TR ISE WATER INDEX FD	COM	33733B100	26	922	SH		SOLE		0	0	922
FIRST TR EXCHANGE TRADED FD	CAP STRENGTH ETF	33733E104	13	450	SH		SOLE		0	0	450
FIRST TR EXCHANGE TRADED FD	NY ARCA BIOTECH	33733E203	354	6,090	SH		SOLE		0	0	6,090
FIRST TR EXCHANGE TRADED FD	DJ INTERNT IDX	33733E302	24	521	SH		SOLE		0	0	521
FIRST TR NADDAQ100 TECH INDE	SHS	337345102	154	5,328	SH		SOLE		0	0	5,328
FIRST TR ISE REVERE NAT GAS	COM	33734J102	13	800	SH		SOLE		0	0	800
FIRST TR LRGE CP CORE ALPHA	COM SHS	33734K109	343	9,734	SH		SOLE		0	0	9,734
FIRST TR EXCHANGE TRADED FD	CONSUMR STAPLE	33734X119	19	630	SH		SOLE		0	0	630
FIRST TR EXCHANGE TRADED FD	MATERIALS ALPH	33734X168	7	250	SH		SOLE		0	0	250
FIRST TR EXCHANGE TRADED FD	TECH ALPHADEX	33734X176	546	22,393	SH		SOLE		0	0	22,393
FIRST TR SML CP CORE ALPHA F	COM SHS	33734Y109	153	3,860	SH		SOLE		0	0	3,860
FIRST TR MID CAP CORE ALPHAD	COM SHS	33735B108	50	1,195	SH		SOLE		0	0	1,195
FIRST TR LRG CP VL ALPHADEX	COM SHS	33735J101	118	3,368	SH		SOLE		0	0	3,368
FIRST TR LRG CP GRWTH ALPHAD	COM SHS	33735K108	96	2,759	SH		SOLE		0	0	2,759
FIRST TR ISE GLB WIND ENRG E	COM SHS	33736G106	4	483	SH		SOLE		0	0	483
FIRST TR FTSE EPRA/NAREIT DE	COM	33736N101	68	1,736	SH		SOLE		0	0	1,736
FIRST TR NADSDAQ ABA CMNTY BK	UT COM SHS ETF	33736Q104	129	4,250	SH		SOLE		0	0	4,250
FIRST TR EXCH TRD ALPHA FD I	EUROPE ALPHA	33737J117	103	3,850	SH		SOLE		0	0	3,850
FIRST TR EXCHANGE TRADED FD	FIRST TR HIYL LS	33738D408	10	200	SH		SOLE		0	0	200
FIRST TR EXCH TRD ALPHA FD I	BRAZIL ALPHA	33737J133	48	2,475	SH		SOLE		0	0	2,475
FIRST TR EXCH TRD ALPHA FD I	DEV MRK EX US	33737J174	213	4,807	SH		SOLE		0	0	4,807
FIRST TR EXCH TRD ALPHA FD I	EMERG MKT ALPH	33737J182	98	4,272	SH		SOLE		0	0	4,272
FIRST TR EXCNGE TRD ALPHADEX	MID CP GR ALPH	33737M102	94	4,052	SH		SOLE		0	0	4,052
FIRST TR EXCNGE TRD ALPHADEX	SML CP GRW ALP	33737M300	2	85	SH		SOLE		0	0	85
FIRST TR EXCNGE TRD ALPHADEX	MEGA CAP ALPHA	33737M508	137	6,260	SH		SOLE		0	0	6,260
FIRST TR NASDAQ SMART PHONE	COM SHS	33737K106	21	740	SH		SOLE		0	0	740
FIRST TR EXCHANGE TRADED FD	MULTI ASSET DI	33738R100	510	24,135	SH		SOLE		0	0	24,135
FIRST TR EXCHANGE TRADED FD	NASD TECH DIV	33738R118	104	4,785	SH		SOLE		0	0	4,785
FIRST TR EXCH TRD ALPHA FD I	EX US SML CP	33737J406	6	200	SH		SOLE		0	0	200
FLEXTRONICS INTL LTD	ORD	Y2573F102	341	44,040	SH		SOLE		0	0	44,040
FORD MOTOR CO DEL	COM PAR $0.01	345370860	534	34,518	SH		SOLE		0	0	34,518
FRONTIER COMMUNICATIONS CORP	COM	35906A108	225	55,561	SH		SOLE		0	0	55,561
GAMESTOP CORP NEW	CL A	36467W109	290	6,908	SH		SOLE		0	0	6,908
GENERAL CABLE CORP	COM	369300108	295	9,580	SH		SOLE		0	0	9,580
GENERAL DYNAMICS CORP	COM	369550108	263	3,354	SH		SOLE		0	0	3,354
GENERAL ELECTRIC CO	COM	369604103	965	41,615	SH		SOLE		0	0	41,615
GOODYEAR TIRE & RUBBER COMPANY	COM	382550101	656	42,910	SH		SOLE		0	0	42,910
GOOGLE INC	CL A	38259P508	296	336	SH		SOLE		0	0	336
HANOVER INS GROUP INC	COM	410867105	221	4,520	SH		SOLE		0	0	4,520
HAWAIIAN HOLDINGS INC	COM	419879101	596	97,620	SH		SOLE		0	0	97,620
HOLLYFRONTIER CORP	COM	436106108	211	4,940	SH		SOLE		0	0	4,940
HUNTINGTON BANCSHARES INC	COM	446150104	178	22,586	SH		SOLE		0	0	22,586
HUNTSMAN CORP	COM	447011107	172	10,400	SH		SOLE		0	0	10,400
IMMUNOMEDICS INC	COM	452907108	81	14,918	SH		SOLE		0	0	14,918
INGRAM MICRO INC	CL A	457153104	492	25,920	SH		SOLE		0	0	25,920
INTEL CORP	COM	458140100	766	31,596	SH		SOLE		0	0	31,596
INTL BUSINESS MACH	COM	459200101	687	3,595	SH		SOLE		0	0	3,595
INTERNATIONAL GAME TECHNOLOG	COM	459902102	439	26,250	SH		SOLE		0	0	26,250
ISHARES INC	MSCI AUSTRALIA	464286103	18	802	SH		SOLE		0	0	802
ISHARES INC	MSCI BRAZIL	464286400	23	516	SH		SOLE		0	0	516
ISHARES INC	MSCI CDA INDEX	464286509	127	4,844	SH		SOLE		0	0	4,844
ISHARES INC	EMRG MRK LC BD	464286517	5	93	SH		SOLE		0	0	93
ISHARES INC	JAPAN SML CAP	464286582	1	30	SH		SOLE		0	0	30
ISHARES INC	MSCI EMU INDEX	464286608	26	800	SH		SOLE		0	0	800
ISHARES INC	MSCI BRIC INDEX	464286657	185	5,440	SH		SOLE		0	0	5,440
ISHARES INC	MSCI SINGAPORE	464286673	58	4,510	SH		SOLE		0	0	4,510
ISHARES INC	MSCI SWITZERLD	464286749	177	6,181	SH		SOLE		0	0	6,181
ISHARES INC	MSCI S KOREA	464286772	3	65	SH		SOLE		0	0	65
ISHARES INC	MSCI MALAYSIA	464286830	4	285	SH		SOLE		0	0	285
ISHARES INC	MSCI HONG KONG	464286871	68	3,697	SH		SOLE		0	0	3,697
ISHARES TR	S&P 100IDX FD	464287101	729	10,134	SH		SOLE		0	0	10,134
ISHARES TR	CORE S&P TTL STK	464287150	89	1,210	SH		SOLE		0	0	1,210
ISHARES TR	DJ SEL DIV INX	464287168	51	798	SH		SOLE		0	0	798
ISHARES TR	BARCLYS TIPS BD	464287176	3,400	35,707	SH		SOLE		0	0	35,707
ISHARES TR	S&P 500 INDEX	464287200	169	1,051	SH		SOLE		0	0	1,051
ISHARES TR	CORE TOTUSBD ETF	464287226	481	4,491	SH		SOLE		0	0	4,491
ISHARES TR	MSCI EMERG MKT	464287234	894	23,226	SH		SOLE		0	0	23,226
ISHARES TR	IBOXX INV CPBD	464287242	3,323	29,238	SH		SOLE		0	0	29,238
ISHARES TR	S&P GBL TELCM	464287275	27	449	SH		SOLE		0	0	449
ISHARES TR	S&P500 GRW	464287309	432	5,138	SH		SOLE		0	0	5,138
ISHARES TR	S&P GBL HLTHCR	464287325	26	348	SH		SOLE		0	0	348
ISHARES TR	S&P NA NAT RES	464287374	91	2,373	SH		SOLE		0	0	2,373
ISHARES TR	S&P 500 VALUE	464287408	1,690	22,303	SH		SOLE		0	0	22,303
ISHARES TR 20+	TREAS INDEX FD	464287432	2,529	22,899	SH		SOLE		0	0	22,899
ISHARES TR	7-10 YR TRS BD	464287440	3,024	29,498	SH		SOLE		0	0	29,498
ISHARES TR	1-3 YR TRS BD	464287457	2,293	27,204	SH		SOLE		0	0	27,204
ISHARES TR	MSCI EAFE INDEX	464287465	3,866	64,464	SH		SOLE		0	0	64,464
ISHARES TR	RUSSELL MCP VL	464287473	9	158	SH		SOLE		0	0	158
ISHARES TR	RUSSELL MCP GR	464287481	9	122	SH		SOLE		0	0	122
ISHARES TR	RUSSELL MIDCAP	464287499	459	3,530	SH		SOLE		0	0	3,530
ISHARES TR	CORE S&P MCP ETF	464287507	2,579	22,328	SH		SOLE		0	0	22,328
ISHARES TR	S&P NA SOFTWR	464287515	15	215	SH		SOLE		0	0	215
ISHARES TR	COHEN&ST RLTY	464287564	289	3,589	SH		SOLE		0	0	3,589
ISHARES TR	RUSSELL100VAL	464287598	37	447	SH		SOLE		0	0	447
ISHARES TR	S&P MC 400 GRW	464287606	168	1,305	SH		SOLE		0	0	1,305
ISHARES TR	RUSSELL1000GRW	464287614	3	45	SH		SOLE		0	0	45
ISHARES TR	RUSSELL 1000	464287622	55	610	SH		SOLE		0	0	610
ISHARES TR	RUSL 2000 VALU	464287630	1,570	18,276	SH		SOLE		0	0	18,276
ISHARES TR	RUSL 2000 GROW	464287648	20	175	SH		SOLE		0	0	175
ISHARES TR	RUSSELL 2000	464287655	6,261	64,547	SH		SOLE		0	0	64,547
ISHARES TR	RUSSELL 3000	464287689	2,473	25,657	SH		SOLE		0	0	25,657
ISHARES TR	DJ US UTILS	464287697	1,598	16,899	SH		SOLE		0	0	16,899
ISHARES TR	S&P MIDCP VALU	464287705	1,057	10,441	SH		SOLE		0	0	10,441
ISHARES TR	DJ US TELECOMM	464287713	12	458	SH		SOLE		0	0	458
ISHARES TR	DJ US REAL EST	464287739	1,125	16,942	SH		SOLE		0	0	16,942
ISHARES TR	DJ US INDUSTRL	464287754	379	4,571	SH		SOLE		0	0	4,571
ISHARES TR	DJ US HEALTHCR	464287762	947	9,457	SH		SOLE		0	0	9,457
ISHARES TR	DJ US FINL SEC	464287788	11	150	SH		SOLE		0	0	150
ISHARES TR	DJ US ENERGY	464287796	239	5,361	SH		SOLE		0	0	5,361
ISHARES TR	CORE S&P SCP ETF	464287804	1,033	11,440	SH		SOLE		0	0	11,440
ISHARES TR	DJ US BAS MATL	464287838	218	3,256	SH		SOLE		0	0	3,256
ISHARES TR	S&P SMLCP VALU	464287879	513	5,492	SH		SOLE		0	0	5,492
ISHARES TR	S&P SMLCP GROW	464287887	593	6,125	SH		SOLE		0	0	6,125
ISHARES TR	LARGE VAL INDX	464288109	2	22	SH		SOLE		0	0	22
ISHARES TR	S&P SH NTL AMTFR	464288158	7	71	SH		SOLE		0	0	71
ISHARES TR	S&P GTFIDX ETF	464288174	45	1,000	SH		SOLE		0	0	1,000
ISHARES TR	MSCI SMALL CAP	464288273	11	273	SH		SOLE		0	0	273
ISHARES TR	JP MORGAN USD	464288281	25	226	SH		SOLE		0	0	226
ISHARES TR	S&P AMTFREE MUNI	464288323	2	16	SH		SOLE		0	0	16
ISHARES TR	S&P NTL AMTFREE	464288414	33	310	SH		SOLE		0	0	310
ISHARES TR	HIGH YIELD CORP	464288513	1,333	14,670	SH		SOLE		0	0	14,670
ISHARES TR	RESIDENT PLS CAP	464288562	2,379	46,482	SH		SOLE		0	0	46,482
ISHARES TR	MSCI KLD400 SOC	464288570	5	75	SH		SOLE		0	0	75
ISHARES TR	BARCLYS GOVT CR	464288596	138	1,250	SH		SOLE		0	0	1,250
ISHARES TR	BARCLYS CR BD	464288620	27	254	SH		SOLE		0	0	254
ISHARES TR	BARCLYS INTER CR	464288638	27	250	SH		SOLE		0	0	250
ISHARES TR	BARCLYS 1-3YR CR	464288646	313	2,984	SH		SOLE		0	0	2,984
ISHARES TR	BARCLYS 10-20YR	464288653	91	719	SH		SOLE		0	0	719
ISHARES TR	BARCLYS 3-7 YR	464288661	29	240	SH		SOLE		0	0	240
ISHARES TR	US PFD STK IDX	464288687	554	14,092	SH		SOLE		0	0	14,092
ISHARES TR	S&P GLB MTRLS	464288695	905	17,009	SH		SOLE		0	0	17,009
ISHARES TR	S&P GL UTILITI	464288711	123	2,924	SH		SOLE		0	0	2,924
ISHARES TR	S&P GL C STAPL	464288737	61	763	SH		SOLE		0	0	763
ISHARES TR	DJ HOME CONSTN	464288752	9	400	SH		SOLE		0	0	400
ISHARES TR	DJ HEALTHCARE	464288828	25	300	SH		SOLE		0	0	300
ISHARES TR	DJ PHARMA INDX	464288836	36	364	SH		SOLE		0	0	364
ISHARES TR	2017 S&P AMTFR	464289271	97	1,798	SH		SOLE		0	0	1,798
ISHARES TR	2016 S&P AMTFR	464289313	102	1,859	SH		SOLE		0	0	1,859
ISHARES TR	2015 S&P AMTFR	464289339	143	2,711	SH		SOLE		0	0	2,711
ISHARES TR	2014 S&P AMTFR	464289362	100	1,928	SH		SOLE		0	0	1,928
ISHARES TR	RUS200 GRW IDX	464289438	18	475	SH		SOLE		0	0	475
ISHARES COMEX GOLD	ISHARES	464285105	253	21,076	SH		SOLE		0	0	21,076
ISHARES SILVER TRUST	ISHARES	46428Q109	41	2,174	SH		SOLE		0	0	2,174
ISHARES TR	HGH DIV EQT FD	46429B663	25	378	SH		SOLE		0	0	378
ISHARES TR	USA MIN VOL ID	46429B697	133	4,073	SH		SOLE		0	0	4,073
ISHARES TR	INTL INFL LKD	46429B770	5	100	SH		SOLE		0	0	100
JOHNSON CTLS INC	COM	478366107	201	5,629	SH		SOLE		0	0	5,629
JOHNSON & JOHNSON	COM	478160104	1,190	13,863	SH		SOLE		0	0	13,863
JONES GROUP INC	COM	48020T101	433	31,480	SH		SOLE		0	0	31,480
JP MORGAN CHASE & CO	COM	46625H100	2,435	46,120	SH		SOLE		0	0	46,120
KANSAS CITY SOUTHERN	COM NEW	485170302	255	2,408	SH		SOLE		0	0	2,408
KIMBERLY CLARK CORP	COM	494368103	255	2,620	SH		SOLE		0	0	2,620
KINDER MORGAN ENERGY PARTNER	UT LTD PARTNER	494550106	366	4,285	SH		SOLE		0	0	4,285
KORN FERRY INTL	COM NEW	500643200	304	16,210	SH		SOLE		0	0	16,210
MARATHON PETE CORP	COM	56585A102	419	5,901	SH		SOLE		0	0	5,901
MCDONALDS CORP	COM	580135101	972	9,817	SH		SOLE		0	0	9,817
MERCK & CO INC NEW	COM	58933Y105	819	17,632	SH		SOLE		0	0	17,632
MERITOR INC	COM	59001K100	663	93,980	SH		SOLE		0	0	93,980
MICRON TECHNOLOGY INC	COM	595112103	233	16,247	SH		SOLE		0	0	16,247
MICROSOFT CORP	COM	594918104	1,133	32,809	SH		SOLE		0	0	32,809
MIMEDX GROUP INC	COM	602496101	202	28,640	SH		SOLE		0	0	28,640
MONDELEZ INTL INC	CL A	609207105	314	10,999	SH		SOLE		0	0	10,999
NATIONAL OILWELL VARCO INC	COM	637071101	307	4,451	SH		SOLE		0	0	4,451
NAVIOS MARITIME ACQUIS CORP	SHS	Y62159101	542	160,000	SH		SOLE		0	0	160,000
NAVISTAR INTL CORP	PFD SR D CONV	63934E108	785	28,290	SH		SOLE		0	0	28,290
NEOSTEM INC	COM NEW	640650305	56	100,000	SH		SOLE		0	0	100,000
NEW YORK CMNTY BANCORP INC	COM	649445103	190	13,570	SH		SOLE		0	0	13,570
NIKE INC	CL B	654106103	498	7,820	SH		SOLE		0	0	7,820
NORFOLK SOUTHERN CORP	COM	655844108	281	3,861	SH		SOLE		0	0	3,861
NUVEEN SR INCOME FD	COM	67067Y104	82	10,772	SH		SOLE		0	0	10,772
NUVEEN PA PREM INCOME MUN FD	COM	67061F101	5	400	SH		SOLE		0	0	400
NUVEEN SELECT TAX FREE INCM	SH BEN INT	67062F100	16	1,165	SH		SOLE		0	0	1,165
NUVEEN MUN MKT OPPORTUNITY F	COM	67062W103	17	1,300	SH		SOLE		0	0	1,300
NUVEEN FLTNG RTE INCM OPP FD	COM SHS	6706EN100	5	375	SH		SOLE		0	0	375
NUVEEN DIV ADVANTAGE MUN FD	COM	67070F100	3	202	SH		SOLE		0	0	202
NUVEEN FLOATING RATE INCOME	COM	67072T108	13	1,000	SH		SOLE		0	0	1,000
NUVEEN ENERGY MLP TOTL RTRNF	COM	67074U103	8	360	SH		SOLE		0	0	360
NUVEEN SELECT QUALITY MUN FD	COM	670973106	18	1,344	SH		SOLE		0	0	1,344
NUVEEN QUALITY INCOME MUN FD	COM	670977107	41	3,000	SH		SOLE		0	0	3,000
NUVERRA ENVIRONMENTAL SOLUTI	COM	67091K104	43	15,000	SH		SOLE		0	0	15,000
OFFICEMAX INC DEL	COM	67622P101	515	50,320	SH		SOLE		0	0	50,320
OMEGA HEALTHCARE INVS INC	COM	681936100	477	15,384	SH		SOLE		0	0	15,384
ORACLE CORP	COM	68389X105	594	19,345	SH		SOLE		0	0	19,345
PARAMOUNT GOLD & SILVER CORP	COM	69924P102	12	10,000	SH		SOLE		0	0	10,000
PATTERSON UTI ENERGY INC	COM	703481101	361	18,660	SH		SOLE		0	0	18,660
PEABODY ENERGY CORP	COM	704549104	709	48,405	SH		SOLE		0	0	48,405
PENNYMAC MTG INVT TR	COM	70931T103	320	15,200	SH		SOLE		0	0	15,200
PEPSICO INC	COM	713448108	275	3,360	SH		SOLE		0	0	3,360
PEREGRINE PHARMACEUTICALS IN	COM NEW	713661304	111	86,204	SH		SOLE		0	0	86,204
PFIZER INC	COM	717081103	580	20,713	SH		SOLE		0	0	20,713
PHARMACYCLICS INC	COM	716933106	329	4,140	SH		SOLE		0	0	4,140
PHH CORP	COM NEW	693320202	666	32,670	SH		SOLE		0	0	32,670
PHILIP MORRIS INTL INC	COM	718172109	576	6,647	SH		SOLE		0	0	6,647
PIEDMONT OFFICE REALTY TR IN	COM CL A	720190206	669	37,415	SH		SOLE		0	0	37,415
PIMCO ETF TR	1-5 US TIP IDX	72201R205	102	1,938	SH		SOLE		0	0	1,938
PIMCO ETF TR	3-7YR US TREAS	72201R601	23	290	SH		SOLE		0	0	290
PIMCO ETF TR	TOTL RETN ETF	72201R775	308	2,324	SH		SOLE		0	0	2,324
PIMCO ETF TR	ENHAN SHRT MAT	72201R833	165	1,632	SH		SOLE		0	0	1,632
POWERSHARES QQQ TR	UNIT SER 1	73935A104	3,706	51,999	SH		SOLE		0	0	51,999
POWERSHARES ETF TRUST	DWA TECH LDRS	73935X153	479	15,324	SH		SOLE		0	0	15,324
POWERSHARES ETF TRUST	WILDERHILL PRO	73935X161	3	125	SH		SOLE		0	0	125
POWERSHARES ETF TRUST	FINL PFD PTFL	73935X229	167	9,316	SH		SOLE		0	0	9,316
POWERSHARES ETF TRUST	CLEANTECH PORT	73935X278	21	817	SH		SOLE		0	0	817
POWERSHARES ETF TRUST	HI YLD EQ DVDN	73935X302	1,533	142,845	SH		SOLE		0	0	142,845
POWERSHARES ETF TRUST	ENERGY SEC POR	73935X385	7	146	SH		SOLE		0	0	146
POWERSHARES ETF TRUST	WATER RESOURCE	73935X575	37	1,700	SH		SOLE		0	0	1,700
POWERSHARES ETF TRUST	FTSE RAFI 1000	73935X583	36	500	SH		SOLE		0	0	500
POWERSHARES ETF TRUST	DYN OIL SVCS	73935X625	15	642	SH		SOLE		0	0	642
POWERSHARES ETF TRUST	DYN EN EX PROD	73935X658	5	161	SH		SOLE		0	0	161
POWERSHARES ETF TRUST	DYNM LRG CP VL	73935X708	3	100	SH		SOLE		0	0	100
POWERSHARES ETF TRUST	INTL DIV ACHV	73935X716	2	100	SH		SOLE		0	0	100
POWERSHARES ETF TRUST	DIV ACHV PRTF	73935X732	16	905	SH		SOLE		0	0	905
POWERSHARES ETF TRUST	DYN PHRMA PORT	73935X799	39	915	SH		SOLE		0	0	915
POWERSHS DB MULTI SECT COMM	DB PREC MTLS	73936B200	3	70	SH		SOLE		0	0	70
POWERSHS DB MULTI SECT COMM	PS DB AGRICUL FD	73936B408	1	50	SH		SOLE		0	0	50
POWERSHS DB MULTI SECT COMM	DB OIL FUND	73936B507	35	1,350	SH		SOLE		0	0	1,350
POWERSHS DB US DOLLAR INDEX	DOLL INDX BEAR	73936D206	20	750	SH		SOLE		0	0	750
POWERSHARES ETF TRUST II	DWA DEVEL MKTS	73936Q108	101	4,769	SH		SOLE		0	0	4,769
POWERSHARES ETF TRUST II	DWA EMRG MKTS	73936Q207	714	39,659	SH		SOLE		0	0	39,659
POWERSHARES GLOBAL ETF TRUST	WK VRDO TX FR	73936T433	565	22,619	SH		SOLE		0	0	22,619
POWERSHARES GLOBAL ETF TRUST	INSUR NATL MUN	73936T474	11	479	SH		SOLE		0	0	479
POWERSHARES GLOBAL ETF TRUST	FDM HG YLD RAFI	73936T557	39	2,115	SH		SOLE		0	0	2,115
POWERSHARES GLOBAL ETF TRUST	SOVEREIGN DEBT	73936T573	56	2,050	SH		SOLE		0	0	2,050
POWERSHARES GLOBAL ETF TRUST	AGG PFD PORT	73936T565	48	3,339	SH		SOLE		0	0	3,339
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	547	17,580	SH		SOLE		0	0	17,580
PROCTER & GAMBLE CO	COM	742718109	1,038	13,488	SH		SOLE		0	0	13,488
PROSHARES TR	PSHS CONSUMR GD	74347R115	5	123	SH		SOLE		0	0	123
PROSHARES TR	SHRT HGH YIELD	74347R131	1,630	51,443	SH		SOLE		0	0	51,443
PROSHARES TR	PSHS SHTFINL ETF	74347R230	5	200	SH		SOLE		0	0	200
PROSHARES TR	PSHS SHRT S&P500	74347R503	28	957	SH		SOLE		0	0	957
PROSHARES TR	PSHS SHORT DOW30	74347R701	25	828	SH		SOLE		0	0	828
PROSHARES TR	PSHS ULT HLTHCRE	74347R735	4	68	SH		SOLE		0	0	68
PROSHARES TR	PSHS SHTRUSS2000	74347R826	4	200	SH		SOLE		0	0	200
PROSHARES TR II	ULTRASHRT NEW	74347W395	7	69	SH		SOLE		0	0	69
PROSHARES TR II	ULTRA GOLD	74347W601	57	1,276	SH		SOLE		0	0	1,276
PROSHARES TR II	ULTSH DJ UBS CRU	74347W668	5	150	SH		SOLE		0	0	150
PROSHARES TR II	ULTRA SILVER	74347W841	2	100	SH		SOLE		0	0	100
PROSHARES TR II	ULTRASHRT EURO	74347W882	10	500	SH		SOLE		0	0	500
PROSHARES TR	SHRT 20+YR TRE	74347X849	294	9,379	SH		SOLE		0	0	9,379
PROTECTIVE LIFE CORP	COM	743674103	231	6,020	SH		SOLE		0	0	6,020
REALTY INCOME CORP	COM	756109104	1,564	37,319	SH		SOLE		0	0	37,319
REINSURANCE GROUP AMER INC	COM NEW	759351604	251	3,630	SH		SOLE		0	0	3,630
REPUBLIC SVCS INC	COM	760759100	363	10,698	SH		SOLE		0	0	10,698
REVENUESHARES ETF TR	S&P500 FINL FD	761396506	902	22,843	SH		SOLE		0	0	22,843
REYNOLDS AMERICAN INC	COM	761713106	335	6,918	SH		SOLE		0	0	6,918
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	1,041	16,997	SH		SOLE		0	0	16,997
RYDEX ETF TRUST	GUG RUSS TOP 50	78355W205	32	280	SH		SOLE		0	0	280
RYDEX ETF TRUST	GUG S&P500 PU GR	78355W403	47	820	SH		SOLE		0	0	820
RYDEX ETF TRUST	GUG S&P MC400 PG	78355W601	3	33	SH		SOLE		0	0	33
SANMINA CORPORATION	COM	801056102	885	61,693	SH		SOLE		0	0	61,693
SAPPI LTD	SPON ADR NEW	803069202	241	98,000	SH		SOLE		0	0	98,000
SAVIENT PHARMACEUTICALS INC	COM	80517Q100	25	45,453	SH		SOLE		0	0	45,453
SEADRILL LIMITED	SHS	G7945E105	240	5,895	SH		SOLE		0	0	5,895
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	480	10,704	SH		SOLE		0	0	10,704
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	47	1,180	SH		SOLE		0	0	1,180
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	511	9,059	SH		SOLE		0	0	9,059
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	224	2,857	SH		SOLE		0	0	2,857
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	477	24,543	SH		SOLE		0	0	24,543
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	11	252	SH		SOLE		0	0	252
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	63	2,050	SH		SOLE		0	0	2,050
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	66	1,762	SH		SOLE		0	0	1,762
SELECT SECTOR SPDR TR	SBI MATERIALS	81369Y100	2	50	SH		SOLE		0	0	50
SILVER WHEATON CORP	COM	828336107	254	12,927	SH		SOLE		0	0	12,927
SOUTHERN CO	COM	842587107	409	9,271	SH		SOLE		0	0	9,271
SPDR S&P 500 ETF TR	UNIT SER 1 S&P	78462F103	4,160	25,934	SH		SOLE		0	0	25,934
SPDR GOLD TR GOLD	SHS	78463V107	501	4,210	SH		SOLE		0	0	4,210
SPDR INDEX SHS FDS	ASIA PACIF ETF	78463X301	28	385	SH		SOLE		0	0	385
SPDR INDEX SHS FDS	S & P EM MKT DIV	78463X533	94	2,420	SH		SOLE		0	0	2,420
SPDR INDEX SHS FDS	LATIN AMER ETF	78463X707	21	345	SH		SOLE		0	0	345
SPDR INDEX SHS FDS	DJ GLB RL ES ETF	78463X749	2,157	51,255	SH		SOLE		0	0	51,255
SPDR INDEX SHS FDS	S&P INTL ETF	78463X772	32	731	SH		SOLE		0	0	731
SPDR INDEX SHS FDS	MIDEAST AFRICA	78463X806	22	350	SH		SOLE		0	0	350
SPDR INDEX SHS FDS	DJ INTL RL ETF	78463X863	286	7,172	SH		SOLE		0	0	7,172
SPDR SERIES TRUST	BRCLYS CAP CONV	78464A359	267	6,251	SH		SOLE		0	0	6,251
SPDR SERIES TRUST	BRCLYS YLD ETF	78464A417	48	1,208	SH		SOLE		0	0	1,208
SPDR SERIES TRUST	BRCLYS MUNI ETF	78464A458	993	43,442	SH		SOLE		0	0	43,442
SPDR SERIES TRUST	BARC CAPTL ETF	78464A474	57	1,857	SH		SOLE		0	0	1,857
SPDR SERIES TRUST	DB INT GVT ETF	78464A490	6	100	SH		SOLE		0	0	100
SPDR SERIES TRUST	BARCLAYS CAP TIPS	78464A656	3,372	60,702	SH		SOLE		0	0	60,702
SPDR SERIES TRUST	BRCLYS 1-3MT ETF	78464A680	16	365	SH		SOLE		0	0	365
SPDR SERIES TRUST	S&P REGL BKG	78464A698	9	275	SH		SOLE		0	0	275
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	17	299	SH		SOLE		0	0	299
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	1,241	18,724	SH		SOLE		0	0	18,724
SPDR SERIES TRUST	S&P 600 SML CAP	78464A813	18	202	SH		SOLE		0	0	202
SPDR SERIES TRUST	DJ MID CAP ETF	78464A847	30	398	SH		SOLE		0	0	398
SPDR SER TR	RUSS2000 LOVOL	78468R887	62	1,000	SH		SOLE		0	0	1,000
SPDR SERIES TRUST	S&P HOMEBUILD	78464A888	19	650	SH		SOLE		0	0	650
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	680	4,578	SH		SOLE		0	0	4,578
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	4,836	23,018	SH		SOLE		0	0	23,018
SPRINT NEXTEL CORP	COM SER 1	852061100	164	23,341	SH		SOLE		0	0	23,341
SPX CORP	COM	784635104	367	5,100	SH		SOLE		0	0	5,100
STEEL DYNAMICS INC	COM	858119100	295	19,790	SH		SOLE		0	0	19,790
SUPERVALUE INC	COM	868536103	416	66,885	SH		SOLE		0	0	66,885
TJX COS INC NEW	COM	872540109	234	4,675	SH		SOLE		0	0	4,675
TESORO CORP	COM	881609101	1,366	26,115	SH		SOLE		0	0	26,115
TOWER GROUP INTL LTD	COM	G8988C105	328	16,000	SH		SOLE		0	0	16,000
TWO HBRS INVT CORP	COM	90187B101	209	20,405	SH		SOLE		0	0	20,405
UNISYS CORP	COM NEW	909214306	702	31,800	SH		SOLE		0	0	31,800
UNITED STATES NATL GAS FUND	UNIT PAR $0.001	912318201	1,561	82,374	SH		SOLE		0	0	82,374
VALERO ENERGY CORP NEW	COM	91913Y100	929	26,705	SH		SOLE		0	0	26,705
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	1,411	17,442	SH		SOLE		0	0	17,442
VANGUARD INTL EQUITY	ALLWRLD EX US	922042775	293	6,619	SH		SOLE		0	0	6,619
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	221	2,758	SH		SOLE		0	0	2,758
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	2,238	33,814	SH		SOLE		0	0	33,814
VANGUARD ADMIRAL FDS INC	MIDCP 400 GRTH	921932869	152	1,923	SH		SOLE		0	0	1,923
VANGUARD BD INDEX FD INC	LONG TERM BOND	921937793	18	210	SH		SOLE		0	0	210
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	19	337	SH		SOLE		0	0	337
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	33	671	SH		SOLE		0	0	671
VANGUARD INTL EQUITY INDEX F	MSCI EMR MKT ETF	922042858	118	3,034	SH		SOLE		0	0	3,034
VANGUARD INTL EQUITY INDEX F	MSCI EUROPE ETF	922042874	97	2,015	SH		SOLE		0	0	2,015
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	52	510	SH		SOLE		0	0	510
VANGUARD WORLD FDS	ENERGY ETF	92204A306	13	119	SH		SOLE		0	0	119
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	15	175	SH		SOLE		0	0	175
VANGUARD WORLD FDS	INF TECH ETF	92204A702	22	296	SH		SOLE		0	0	296
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	3	40	SH		SOLE		0	0	40
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	17	203	SH		SOLE		0	0	203
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	471	5,678	SH		SOLE		0	0	5,678
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	7	103	SH		SOLE		0	0	103
VANGUARD INDEX FDS	MCAP GR IDXVIP	922908538	6	77	SH		SOLE		0	0	77
VANGUARD INDEX FDS	REIT ETF	922908553	744	10,831	SH		SOLE		0	0	10,831
VANGUARD INDEX FDS	SML CP GRW ETF	922908595	46	450	SH		SOLE		0	0	450
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	9	127	SH		SOLE		0	0	127
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	10	139	SH		SOLE		0	0	139
VANGUARD INDEX FDS	GROWTH ETF	922908736	45	577	SH		SOLE		0	0	577
VANGUARD INDEX FDS	SMALL CP ETF	922908751	65	694	SH		SOLE		0	0	694
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	168	2,037	SH		SOLE		0	0	2,037
VECTOR GROUP LTD	COM	92240M108	297	18,321	SH		SOLE		0	0	18,321
VERIZON	COM	92343V104	983	19,519	SH		SOLE		0	0	19,519
VIRCO MFG CO	COM	927651109	88	37,400	SH		SOLE		0	0	37,400
WAL-MART STORES INC	COM	931142103	492	6,602	SH		SOLE		0	0	6,602
WALGREEN CO	COM	931422109	203	4,591	SH		SOLE		0	0	4,591
WELLS FARGO & CO	COM	949746101	572	13,867	SH		SOLE		0	0	13,867
WESTERN ASSET MGD HI INCM FD	COM	95766L107	83	14,140	SH		SOLE		0	0	14,140
XYRATEX LTD	COM	G98268108	139	13,800	SH		SOLE		0	0	13,800