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
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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
3M CO	COM	88579Y101	269	1,526	SH		SOLE		0	0	1,526
ABBVIE INC	COM	00287Y109	678	10,747	SH		SOLE		0	0	10,747
AEGEAN MARINE PETROLEUM NETW	SHS	Y0017S102	1,037	103,690	SH		SOLE		0	0	103,690
ALBEMARLE CORP	COM	012653101	305	3,564	SH		SOLE		0	0	3,564
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	938	8,870	SH		SOLE		0	0	8,870
ALLERGAN PLC	SHS	G0177J108	1,461	6,342	SH		SOLE		0	0	6,342
ALLY FINL INC	COM	02005N100	964	49,500	SH		SOLE		0	0	49,500
ALPHABET INC	CAP STK CL C	02079K107	1,202	1,547	SH		SOLE		0	0	1,547
ALPHABET INC	CAP STK CL A	02079K305	570	709	SH		SOLE		0	0	709
ALPS ETF TR	ALERIAN MLP	00162Q866	4,910	386,935	SH		SOLE		0	0	386,935
ALTRIA GROUP INC	COM	02209S103	4,788	75,716	SH		SOLE		0	0	75,716
AMAZON COM INC	COM	023135106	877	1,048	SH		SOLE		0	0	1,048
AMEREN CORP	COM	023608102	329	6,690	SH		SOLE		0	0	6,690
AMERICAN ELEC PWR INC	COM	025537101	205	3,199	SH		SOLE		0	0	3,199
AMERICAN EXPRESS CO	COM	025816109	269	4,207	SH		SOLE		0	0	4,207
AMERICAN TOWER CORP NEW	COM	03027X100	296	2,608	SH		SOLE		0	0	2,608
AMGEN INC	COM	031162100	963	5,776	SH		SOLE		0	0	5,776
ANNALY CAP MGMT INC	COM	035710409	325	30,955	SH		SOLE		0	0	30,955
APPLE INC	COM	037833100	7,525	66,562	SH		SOLE		0	0	66,562
ARCBEST CORP	COM	03937C105	883	46,400	SH		SOLE		0	0	46,400
ASCENA RETAIL GROUP INC	COM	04351G101	438	78,400	SH		SOLE		0	0	78,400
AT&T INC	COM	00206R102	4,045	99,597	SH		SOLE		0	0	99,597
ATLAS AIR WORDWIDE HLDGS IN	COM NEW	049164205	1,324	30,920	SH		SOLE		0	0	30,920
AUTOMATIC DATA PROCESSING IN	COM	053015103	606	6,869	SH		SOLE		0	0	6,869
BANK OF AMERICA	COM	060505104	593	37,902	SH		SOLE		0	0	37,902
BARCLAYS BK PLC	IPSP CROIL ETN	06738C786	230	39,409	SH		SOLE		0	0	39,409
BARCLAYS BK PLC	IPATH S&P500 VIX	06740Q252	285	8,362	SH		SOLE		0	0	8,362
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	2,859	19,788	SH		SOLE		0	0	19,788
BIOGEN INC	COM	09062X103	561	1,792	SH		SOLE		0	0	1,792
BLACKROCK KELSO CAPITAL CORP	COM	092533108	155	18,737	SH		SOLE		0	0	18,737
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	423	16,561	SH		SOLE		0	0	16,561
BOEING CO	COM	097023105	980	7,438	SH		SOLE		0	0	7,438
BP PLC	SPONSORED ADR	055622104	272	7,733	SH		SOLE		0	0	7,733
BRISTOL MYERS SQUIBB CO	COM	110122108	390	7,234	SH		SOLE		0	0	7,234
BROADCOM LTD	SHS	Y09827109	697	4,038	SH		SOLE		0	0	4,038
CAMECO CORP	COM	13321L108	152	17,750	SH		SOLE		0	0	17,750
CAPSTEAD MTG CORP	COM NO PAR	14067E506	243	25,751	SH		SOLE		0	0	25,751
CATERPILLAR INC DEL	COM	149123101	461	5,195	SH		SOLE		0	0	5,195
CELGENE CORP	COM	151020104	618	5,914	SH		SOLE		0	0	5,914
CHEVRON CORP NEW	COM	166764100	844	8,202	SH		SOLE		0	0	8,202
CHICAGO BRIDGE & IRON CO N V	COM	167250109	1,012	36,096	SH		SOLE		0	0	36,096
CHUBB LIMITED	COM	H1467J104	305	2,425	SH		SOLE		0	0	2,425
CINCINNATI FINL CORP	COM	172062101	206	2,735	SH		SOLE		0	0	2,735
CISCO SYS INC	COM	17275R102	860	27,105	SH		SOLE		0	0	27,105
CLAYMORE EXCHANGE TRD FD TR	GUG MIDCAP CORE	18383M720	241	4,523	SH		SOLE		0	0	4,523
CNA FINL CORP	COM	126117100	596	17,320	SH		SOLE		0	0	17,320
COCA COLA COMPANY	COM	191216100	841	19,872	SH		SOLE		0	0	19,872
COLUMBIA PPTY TR INC	COM NEW	198287203	713	31,839	SH		SOLE		0	0	31,839
CONOCOPHILLIPS	COM	20825C104	323	7,420	SH		SOLE		0	0	7,420
COSTCO WHSL CORP NEW	COM	22160K105	322	2,114	SH		SOLE		0	0	2,114
CVS HEALTH CORP	COM	126650100	653	7,336	SH		SOLE		0	0	7,336
DBX ETF TR	XTRAK MSCI EAFE	233051200	394	14,953	SH		SOLE		0	0	14,953
DBX ETF TR	DB XTR MSCI EUR	233051853	208	8,079	SH		SOLE		0	0	8,079
DELTA AIR LINES INC DEL	COM NEW	247361702	605	15,369	SH		SOLE		0	0	15,369
DESTINATION MATERNITY CORP	COM	25065D100	432	61,000	SH		SOLE		0	0	61,000
DIAGEO PLC	SPON ADR NEW	25243Q205	295	2,544	SH		SOLE		0	0	2,544
DIREXION SHS ETF TR	DRX S&P500BULL	25459W862	673	6,924	SH		SOLE		0	0	6,924
DISNEY WALT CO	COM DISNEY	254687106	839	9,035	SH		SOLE		0	0	9,035
DUKE ENERGY CORP NEW	COM NEW	26441C204	466	5,827	SH		SOLE		0	0	5,827
EATON VANCE FLTING RATE INC	COM	278279104	146	10,312	SH		SOLE		0	0	10,312
EMERSON ELEC CO	COM	291011104	558	10,242	SH		SOLE		0	0	10,242
ENERGY TRANSFER PRTNRS L P	UNIT LTD PARTN	29273R109	350	9,460	SH		SOLE		0	0	9,460
ENTERPRISE PRODS PARTNERS L	COM	293792107	391	14,148	SH		SOLE		0	0	14,148
EXELON CORP	COM	30161N101	244	7,334	SH		SOLE		0	0	7,334
EXPRESS SCRIPTS HLDG CO	COM	30219G108	1,393	19,755	SH		SOLE		0	0	19,755
EXXON MOBIL CORP	COM	30231G102	2,060	23,606	SH		SOLE		0	0	23,606
FACEBOOK INC	CL A	30303M102	450	3,508	SH		SOLE		0	0	3,508
FEDEX CORP	COM	31428X106	232	1,325	SH		SOLE		0	0	1,325
FIDELITY	TELECOM SVCS	316092873	789	26,112	SH		SOLE		0	0	26,112
FIRST TR EXCH TRADED FD III	LNG/SHT EQUITY	33739P103	2,030	61,392	SH		SOLE		0	0	61,392
FIRST TR EXCHANGE TRADED FD	NY ARCA BIOTECH	33733E203	1,600	16,051	SH		SOLE		0	0	16,051
FIRST TR EXCHANGE TRADED FD	DJ INTERNT IDX	33733E302	1,913	23,458	SH		SOLE		0	0	23,458
FIRST TR EXCHANGE TRADED FD	CONSUMR STAPLE	33734X119	1,751	37,711	SH		SOLE		0	0	37,711
FIRST TR EXCHANGE TRADED FD	ENERGY ALPHADX	33734X127	197	12,752	SH		SOLE		0	0	12,752
FIRST TR EXCHANGE TRADED FD	FINLS ALPHADEX	33734X135	1,229	50,590	SH		SOLE		0	0	50,590
FIRST TR EXCHANGE TRADED FD	TECH ALPHADEX	33734X176	1,139	30,983	SH		SOLE		0	0	30,983
FIRST TR EXCHANGE TRADED FD	UTILITIES ALPH	33734X184	588	22,681	SH		SOLE		0	0	22,681
FIRST TR EXCHANGE TRADED FD	MULTI ASSET DI	33738R100	737	38,964	SH		SOLE		0	0	38,964
FIRST TR EXCHANGE TRADED FD	NASD TECH DIV	33738R118	376	12,824	SH		SOLE		0	0	12,824
FIRST TR EXCHANGE TRADED FD	DORSEY WRT 5 ETF	33738R605	4,971	217,094	SH		SOLE		0	0	217,094
FIRST TR EXCHANGE TRADED FD	DORSEY WRT	33738R886	1,445	82,735	SH		SOLE		0	0	82,735
FIRST TR EXCHANGE TRADED FD	PFD SECS INC ETF	33739E108	1,865	95,398	SH		SOLE		0	0	95,398
FIRST TR EXCHANGE TRADED FD	FST LOW OPPT ETF	33739Q200	2,446	46,672	SH		SOLE		0	0	46,672
FIRST TR EXCHANGE TRADED FD I	MANAGD MUN ETF	33739N108	3,260	60,436	SH		SOLE		0	0	60,436
FIRST TR MORNINGSTAR DIV LEA	SHS	336917109	615	22,564	SH		SOLE		0	0	22,564
FIRST TR NAS100 EQ WEIGHTED	SHS	337344105	346	7,567	SH		SOLE		0	0	7,567
FIRST TR US IPO INDEX FD	SHS	336920103	559	10,287	SH		SOLE		0	0	10,287
FIRST TR VALUE LINE 100 ETF	COM SHS	33735G107	218	10,520	SH		SOLE		0	0	10,520
FIRST TR VALUE LINE DIVID IN	SHS	33734H106	1,000	37,036	SH		SOLE		0	0	37,036
FLEXSHARES TR	READY ACC VARI	33939L886	517	6,833	SH		SOLE		0	0	6,833
FLEXTRONICS INTL LTD	ORD	Y2573F102	1,072	78,700	SH		SOLE		0	0	78,700
FORD MOTOR CO DEL	COM PAR $0.01	345370860	639	52,919	SH		SOLE		0	0	52,919
FREEPORT-MCMORAN INC	CL B	35671D857	158	14,532	SH		SOLE		0	0	14,532
FRONTIER COMMUNICATIONS CORP	COM	35906A108	71	17,144	SH		SOLE		0	0	17,144
FS INVT CORP	COM	302635107	406	42,882	SH		SOLE		0	0	42,882
GENERAL CABLE CORP	COM	369300108	1,192	79,550	SH		SOLE		0	0	79,550
GENERAL DYNAMICS CORP	COM	369550108	528	3,404	SH		SOLE		0	0	3,404
GENERAL ELECTRIC CO	COM	369604103	1,560	52,671	SH		SOLE		0	0	52,671
GENERAL MILLS INC	COM	370334104	201	3,143	SH		SOLE		0	0	3,143
GENERAL MTRS CO	COM	37045V100	215	6,766	SH		SOLE		0	0	6,766
GILEAD SCIENCES INC	COM	375558103	1,548	19,567	SH		SOLE		0	0	19,567
GLOBAL NET LEASE INC	COM	379378102	173	21,172	SH		SOLE		0	0	21,172
GOODYEAR TIRE & RUBBER COMPANY	COM	382550101	1,247	38,610	SH		SOLE		0	0	38,610
GROUP 1 AUTOMOTIVE INC	COM	398905109	1,022	16,000	SH		SOLE		0	0	16,000
HANESBRANDS INC	COM	410345102	325	12,885	SH		SOLE		0	0	12,885
HCP INC	COM	40414L109	346	9,122	SH		SOLE		0	0	9,122
HOME BANCSHARES INC	COM	436893200	232	11,162	SH		SOLE		0	0	11,162
HOME DEPOT INC	COM	437076102	579	4,498	SH		SOLE		0	0	4,498
HUNTINGTON BANCSHARES INC	COM	446150104	299	30,355	SH		SOLE		0	0	30,355
HUNTSMAN CORP	COM	447011107	1,194	73,400	SH		SOLE		0	0	73,400
IMMUNOMEDICS INC	COM	452907108	63	19,500	SH		SOLE		0	0	19,500
INGRAM MICRO INC	CL A	457153104	335	9,400	SH		SOLE		0	0	9,400
INTEL CORP	COM	458140100	1,071	28,380	SH		SOLE		0	0	28,380
INTL BUSINESS MACH	COM	459200101	511	3,214	SH		SOLE		0	0	3,214
ISHARES	MIN VOL GBL ETF	464286525	358	4,699	SH		SOLE		0	0	4,699
ISHARES	MIN VOL EMRG MKT	464286533	1,172	21,688	SH		SOLE		0	0	21,688
ISHARES	MSCI EQUAL WEITE	464286681	401	8,706	SH		SOLE		0	0	8,706
ISHARES	BARCLYS TIPS BD	464287176	1,427	12,254	SH		SOLE		0	0	12,254
ISHARES	CORE S&P500 ETF	464287200	582	2,674	SH		SOLE		0	0	2,674
ISHARES	CORE TOTUSBD ETF	464287226	12,100	107,628	SH		SOLE		0	0	107,628
ISHARES	MSCI EMERG MKT	464287234	514	13,737	SH		SOLE		0	0	13,737
ISHARES	IBOXX INV CPBD	464287242	878	7,131	SH		SOLE		0	0	7,131
ISHARES	S&P 500 GRWT ETF	464287309	3,612	29,693	SH		SOLE		0	0	29,693
ISHARES	S&P 500 VAL ETF	464287408	2,389	25,155	SH		SOLE		0	0	25,155
ISHARES	TREAS INDEX FD	464287432	1,017	7,393	SH		SOLE		0	0	7,393
ISHARES	7-10 YR TRS BD	464287440	8,553	76,448	SH		SOLE		0	0	76,448
ISHARES	1-3 YR TRS BD	464287457	677	7,965	SH		SOLE		0	0	7,965
ISHARES	MSCI EAFE INDEX	464287465	860	14,547	SH		SOLE		0	0	14,547
ISHARES	CORE S&P MCP ETF	464287507	566	3,660	SH		SOLE		0	0	3,660
ISHARES	COHEN&STEER REIT	464287564	1,100	10,488	SH		SOLE		0	0	10,488
ISHARES	S&P MC 400GR ETF	464287606	3,528	20,193	SH		SOLE		0	0	20,193
ISHARES	RUSSELL 2000	464287655	3,621	29,156	SH		SOLE		0	0	29,156
ISHARES	RUSSELL 3000	464287689	878	6,845	SH		SOLE		0	0	6,845
ISHARES	DJ US REAL EST	464287739	4,528	56,157	SH		SOLE		0	0	56,157
ISHARES	CORE S&P SCP ETF	464287804	566	4,557	SH		SOLE		0	0	4,557
ISHARES	SP SMCP600VL ETF	464287879	5,341	42,790	SH		SOLE		0	0	42,790
ISHARES	SP SMCP600GR ETF	464287887	1,895	13,819	SH		SOLE		0	0	13,819
ISHARES	IBOXX HI YD ETF	464288513	472	5,408	SH		SOLE		0	0	5,408
ISHARES	1-3 YR CR BD ETF	464288646	341	3,228	SH		SOLE		0	0	3,228
ISHARES	US PFD STK IDX	464288687	9,246	234,079	SH		SOLE		0	0	234,079
ISHARES	17 AMT-FREE ETF	464289271	246	8,996	SH		SOLE		0	0	8,996
ISHARES	GRWT ALLOCAT ETF	464289867	278	6,746	SH		SOLE		0	0	6,746
ISHARES GOLD TRUST	ISHARES	464285105	198	15,588	SH		SOLE		0	0	15,588
ISHARES TR	CORE S&P TTL STK	464287150	514	10,379	SH		SOLE		0	0	10,379
ISHARES TR	RUS 1000 ETF	464287622	209	1,736	SH		SOLE		0	0	1,736
ISHARES TR	CORE RUSSELL VAL	464287663	399	8,648	SH		SOLE		0	0	8,648
ISHARES TR	CORE RUSSELL GRW	464287671	390	9,171	SH		SOLE		0	0	9,171
ISHARES TR	U.S. UTILITS ETF	464287697	318	2,596	SH		SOLE		0	0	2,596
ISHARES TR	S&P MC 400VL ETF	464287705	4,983	37,465	SH		SOLE		0	0	37,465
ISHARES TR	U.S. TECH ETF	464287721	504	4,238	SH		SOLE		0	0	4,238
ISHARES TR	US HLTHCARE ETF	464287762	221	1,473	SH		SOLE		0	0	1,473
ISHARES TR	U.S. BAS MTL ETF	464287838	2,265	28,681	SH		SOLE		0	0	28,681
ISHARES TR	DOW JONES US ETF	464287846	1,394	12,841	SH		SOLE		0	0	12,841
ISHARES TR	JP MOR EM MK ETF	464288281	472	4,031	SH		SOLE		0	0	4,031
ISHARES TR	NAT AMT FREE BD	464288414	314	2,787	SH		SOLE		0	0	2,787
ISHARES TR	10-20 YR TRS ETF	464288653	623	4,301	SH		SOLE		0	0	4,301
ISHARES TR	U.S. MED DVC ETF	464288810	711	4,891	SH		SOLE		0	0	4,891
ISHARES TR	US HLTHCR PR ETF	464288828	210	1,694	SH		SOLE		0	0	1,694
ISHARES TR	FLTG RATE BD ETF	46429B655	208	4,090	SH		SOLE		0	0	4,090
ISHARES TR	CORE HIGH DV ETF	46429B663	478	5,877	SH		SOLE		0	0	5,877
ISHARES TR	MIN VOL EAFE ETF	46429B689	4,101	60,636	SH		SOLE		0	0	60,636
ISHARES TR	USA MIN VOL ETF	46429B697	4,731	104,133	SH		SOLE		0	0	104,133
ISHARES TR	MRNGSTR INC ETF	46432F875	956	37,807	SH		SOLE		0	0	37,807
ISHARES TR	CORE DIV GRWTH	46434V621	436	15,790	SH		SOLE		0	0	15,790
JABIL CIRCUIT INC	COM	466313103	497	22,800	SH		SOLE		0	0	22,800
JOHNSON & JOHNSON	COM	478160104	1,773	15,010	SH		SOLE		0	0	15,010
JP MORGAN CHASE & CO	COM	46625H100	1,802	27,056	SH		SOLE		0	0	27,056
JP MORGAN CHASE & CO	ALERIAN ML ETN	46625H365	333	10,575	SH		SOLE		0	0	10,575
KIMBERLY CLARK CORP	COM	494368103	659	5,226	SH		SOLE		0	0	5,226
KKR & CO L P DEL	COM UNITS	48248M102	210	14,700	SH		SOLE		0	0	14,700
KORN FERRY INTL	COM NEW	500643200	300	14,298	SH		SOLE		0	0	14,298
KRAFT HEINZ CO	COM	500754106	350	3,913	SH		SOLE		0	0	3,913
LAUDER ESTEE COS INC	CL A	518439104	265	2,988	SH		SOLE		0	0	2,988
LILLY ELI & CO	COM	532457108	527	6,569	SH		SOLE		0	0	6,569
LOCKWOOD MARTIN CORP	COM	539830109	217	905	SH		SOLE		0	0	905
MANNKIND CORP	COM	56400P201	8	12,250	SH		SOLE		0	0	12,250
MCDERMOTT INTL INC	COM	580037109	983	196,200	SH		SOLE		0	0	196,200
MCDONALDS CORP	COM	580135101	831	7,201	SH		SOLE		0	0	7,201
MEMORIAL PRODTN PARTNERS LP	COM U REP LTD	586048100	205	114,925	SH		SOLE		0	0	114,925
MERCK & CO INC NEW	COM	58933Y105	1,495	23,951	SH		SOLE		0	0	23,951
MERITOR INC	COM	59001K100	1,096	98,500	SH		SOLE		0	0	98,500
MICHAEL KORS HLDGS LTD	SHS	G60754101	201	4,300	SH		SOLE		0	0	4,300
MICROSOFT CORP	COM	594918104	1,363	23,663	SH		SOLE		0	0	23,663
MOLSON COORS BREWING CO	CL B	60871R209	916	8,346	SH		SOLE		0	0	8,346
MONDELEZ INTL INC	CL A	609207105	223	5,078	SH		SOLE		0	0	5,078
MONOGRAM RESIDENTIAL TR INC	COM	60979P105	2,537	238,434	SH		SOLE		0	0	238,434
MONSANTO CO NEW	COM	61166W101	277	2,707	SH		SOLE		0	0	2,707
MYLAN N V	SHS EURO	N59465109	261	6,857	SH		SOLE		0	0	6,857
NAVIOS MARITIME ACQUIS CORP	SHS	Y62159101	73	54,000	SH		SOLE		0	0	54,000
NAVISTAR INTL CORP	PFD SR D CONV	63934E108	1,307	57,100	SH		SOLE		0	0	57,100
NETFLIX INC	COM	64110L106	243	2,466	SH		SOLE		0	0	2,466
NEURALSTEM INC	COM	64127R302	3	10,000	SH		SOLE		0	0	10,000
NEW YORK CMNTY BANCORP INC	COM	649445103	225	15,802	SH		SOLE		0	0	15,802
NEWMARKET CORP	COM	651587107	540	1,258	SH		SOLE		0	0	1,258
NIKE INC	CL B	654106103	715	13,576	SH		SOLE		0	0	13,576
NORFOLK SOUTHERN CORP	COM	655844108	318	3,280	SH		SOLE		0	0	3,280
NUVEEN SR INCOME FD	COM	67067Y104	70	10,772	SH		SOLE		0	0	10,772
NXP SEMICONDUCTORS N V	COM	N6596X109	411	4,027	SH		SOLE		0	0	4,027
OMEGA HEALTHCARE INVS INC	COM	681936100	580	16,352	SH		SOLE		0	0	16,352
PARAGON OFFSHORE PLC	SHS	G6S01W108	17	28,000	SH		SOLE		0	0	28,000
PARKER DRILLING CO	COM	701081101	825	380,000	SH		SOLE		0	0	380,000
PAYPAL HLDGS INC	COM	70450Y103	241	5,881	SH		SOLE		0	0	5,881
PBF ENERGY INC	CL A	69318G106	1,023	45,202	SH		SOLE		0	0	45,202
PEPSICO INC	COM	713448108	423	3,887	SH		SOLE		0	0	3,887
PFIZER INC	COM	717081103	1,247	36,830	SH		SOLE		0	0	36,830
PHILIP MORRIS INTL INC	COM	718172109	744	7,654	SH		SOLE		0	0	7,654
PIEDMONT OFFICE REALTY TR IN	COM CL A	720190206	239	10,998	SH		SOLE		0	0	10,998
PIER 1 IMPORTS INC	COM	720279108	443	104,500	SH		SOLE		0	0	104,500
PIMCO DYNAMIC CR INCOME FD	COM SHS	72202D106	1,349	66,155	SH		SOLE		0	0	66,155
PIMCO ETF TR	TOTL RETN ETF	72201R775	374	3,468	SH		SOLE		0	0	3,468
PIMCO ETF TR	ENHAN SHRT MAT	72201R833	7,110	70,107	SH		SOLE		0	0	70,107
PIONEER NAT RES CO	COM	723787107	324	1,744	SH		SOLE		0	0	1,744
POWERSHARES ETF TR II	PFD PORTFOLIO	73936T565	157	10,372	SH		SOLE		0	0	10,372
POWERSHARES ETF TR II	BUILD AMER ETF	73937B407	369	11,744	SH		SOLE		0	0	11,744
POWERSHARES ETF TR II	S&P600 LOVL PT	73937B639	1,536	39,703	SH		SOLE		0	0	39,703
POWERSHARES ETF TR II	S&P400 LOVL PT	73937B647	292	7,504	SH		SOLE		0	0	7,504
POWERSHARES ETF TR II	PWRSHS SP500 LOW	73937B654	1,341	34,476	SH		SOLE		0	0	34,476
POWERSHARES ETF TR II	S&P500 LOW VOL	73937B779	286	6,903	SH		SOLE		0	0	6,903
POWERSHARES ETF TRUST	DWA TECH LDRS	73935X153	276	6,516	SH		SOLE		0	0	6,516
POWERSHARES ETF TRUST	HI YLD EQ DVDN	73935X302	2,493	156,998	SH		SOLE		0	0	156,998
POWERSHARES ETF TRUST	HLTHCR SEC POR	73935X351	212	4,017	SH		SOLE		0	0	4,017
POWERSHARES ETF TRUST	AERSPC DEF PTF	73935X690	678	17,493	SH		SOLE		0	0	17,493
POWERSHARES QQQ TR	UNIT SER 1	73935A104	3,406	28,688	SH		SOLE		0	0	28,688
PRICELINE GRP INC	COM NEW	741503403	611	415	SH		SOLE		0	0	415
PRIVATEBANCORP INC	COM	742962103	562	12,245	SH		SOLE		0	0	12,245
PROCTER & GAMBLE CO	COM	742718109	2,009	22,385	SH		SOLE		0	0	22,385
PROSHARES TR	PSHS ULSHT SP500	74347B300	217	13,241	SH		SOLE		0	0	13,241
PROSHARES TR	SHORT S&P 500 NE	74347B425	11,207	294,383	SH		SOLE		0	0	294,383
PROSHARES TR	PSHS ULT NASB	74347R214	288	5,953	SH		SOLE		0	0	5,953
PRUDENTIAL FINL INC	COM	744320102	202	2,474	SH		SOLE		0	0	2,474
QUALCOMM INC	COM	747525103	326	4,766	SH		SOLE		0	0	4,766
REALTY INCOME CORP	COM	756109104	1,921	28,698	SH		SOLE		0	0	28,698
REINSURANCE GROUP AMER INC	COM NEW	759351604	392	3,630	SH		SOLE		0	0	3,630
RENEWABLE ENERGY GROUP INC	COM NEW	75972A301	903	106,600	SH		SOLE		0	0	106,600
REXAHN PHARMACEUTICALS INC	COM	761640101	5	21,500	SH		SOLE		0	0	21,500
ROADRUNNER TRNSN SVCS HLDG I	COM	76973Q105	124	15,600	SH		SOLE		0	0	15,600
ROSS STORES INC	COM	778296103	404	6,276	SH		SOLE		0	0	6,276
RUBY TUESDAY INC	COM	781182100	358	143,000	SH		SOLE		0	0	143,000
RYDEX ETF TRUST	GUG S&P500 EQ WT	78355W106	2,316	27,704	SH		SOLE		0	0	27,704
RYDEX ETF TRUST	GUG S&P500EQWTUT	78355W791	328	4,048	SH		SOLE		0	0	4,048
RYDEX ETF TRUST	GUG S&P500 EWCON	78355W874	265	2,163	SH		SOLE		0	0	2,163
RYERSON HLDG CORP	COM	783754104	965	85,500	SH		SOLE		0	0	85,500
SANMINA CORPORATION	COM	801056102	1,041	36,550	SH		SOLE		0	0	36,550
SCHLUMBERGER LTD	COM	806857108	291	3,699	SH		SOLE		0	0	3,699
SELECT INCOME REIT	COM SH BEN INT	81618T100	237	8,814	SH		SOLE		0	0	8,814
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	1,707	21,329	SH		SOLE		0	0	21,329
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	265	3,751	SH		SOLE		0	0	3,751
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	449	9,170	SH		SOLE		0	0	9,170
SKYWEST INC	COM	830879102	1,513	57,300	SH		SOLE		0	0	57,300
SMITH & WESSON HLDG CORP	COM	831756101	690	25,939	SH		SOLE		0	0	25,939
SONIC AUTOMOTIVE INC	CL A	83545G102	775	41,200	SH		SOLE		0	0	41,200
SOUTHERN CO	COM	842587107	350	6,820	SH		SOLE		0	0	6,820
SOUTHWEST AIRLS CO	COM	844741108	632	16,250	SH		SOLE		0	0	16,250
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	545	2,984	SH		SOLE		0	0	2,984
SPDR GOLD TRUST	GOLD SHS	78463V107	3,431	27,305	SH		SOLE		0	0	27,305
SPDR INDEX SHS FDS	DJ GLB RL ES ETF	78463X749	547	10,978	SH		SOLE		0	0	10,978
SPDR S&P 500 ETF TR	UNIT SER 1 S&P	78462F103	5,351	24,739	SH		SOLE		0	0	24,739
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	7,355	26,058	SH		SOLE		0	0	26,058
SPDR SER TR	SHRT TRSRY ETF	78468R101	592	19,372	SH		SOLE		0	0	19,372
SPDR SER TR	NUVN BRCLY MUNI	78468R721	1,248	24,916	SH		SOLE		0	0	24,916
SPDR SER TR	RUSS2000 LOVOL	78468R887	228	2,777	SH		SOLE		0	0	2,777
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	442	5,239	SH		SOLE		0	0	5,239
SPECTRA ENERGY CORP	COM	847560109	218	5,099	SH		SOLE		0	0	5,099
STAR BULK CARRIERS CORP	SHS PAR	Y8162K204	313	68,960	SH		SOLE		0	0	68,960
STARBUCKS CORP	COM	855244109	939	17,348	SH		SOLE		0	0	17,348
SUNOCO LP	COM U REP LP	86765K109	529	18,247	SH		SOLE		0	0	18,247
SUNTRUST BKS INC	COM	867914103	344	7,863	SH		SOLE		0	0	7,863
SYNAPTICS INC	COM	87157D109	261	4,450	SH		SOLE		0	0	4,450
TARGET CORP	COM	87612E106	345	5,028	SH		SOLE		0	0	5,028
TENNECO INC	COM	880349105	233	4,000	SH		SOLE		0	0	4,000
TIER REIT INC	COM NEW	88650V208	318	20,568	SH		SOLE		0	0	20,568
TITAN MACHY INC	COM	88830R101	437	42,050	SH		SOLE		0	0	42,050
TJX COS INC NEW	COM	872540109	302	4,042	SH		SOLE		0	0	4,042
TOWER INTL INC	COM	891826109	619	25,700	SH		SOLE		0	0	25,700
TRINSEO S A	SHS	L9340P101	2,060	36,420	SH		SOLE		0	0	36,420
TUTOR PERINI CORP	COM	901109108	1,035	48,200	SH		SOLE		0	0	48,200
TWO HBRS INVT CORP	COM	90187B101	148	17,380	SH		SOLE		0	0	17,380
ULTA SALON COSMETCS & FRAG I	COM	90384S303	283	1,190	SH		SOLE		0	0	1,190
UNION PAC CORP	COM	907818108	538	5,519	SH		SOLE		0	0	5,519
UNISYS CORP	COM NEW	909214306	903	92,750	SH		SOLE		0	0	92,750
UNITED STATES OIL FUND LP	UNITS	91232N108	1,975	180,651	SH		SOLE		0	0	180,651
UNITEDHEALTH GROUP INC	COM	91324P102	264	1,889	SH		SOLE		0	0	1,889
US BANCORP DEL	COM NEW	902973304	323	7,523	SH		SOLE		0	0	7,523
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	1,046	39,591	SH		SOLE		0	0	39,591
VANECK VECTORS ETF TR	HIGH YLD MUN ETF	92189F361	255	7,917	SH		SOLE		0	0	7,917
VANGUARD ADMIRAL FDS INC	SMLLCP 600 IDX	921932828	398	3,528	SH		SOLE		0	0	3,528
VANGUARD BD INDEX FD INC	LONG TERM BOND	921937793	289	2,930	SH		SOLE		0	0	2,930
VANGUARD BD INDEX FD INC	INTERMED TERM	921937819	298	3,397	SH		SOLE		0	0	3,397
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	451	5,584	SH		SOLE		0	0	5,584
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	2,627	31,216	SH		SOLE		0	0	31,216
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	384	1,933	SH		SOLE		0	0	1,933
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	2,175	23,243	SH		SOLE		0	0	23,243
VANGUARD INDEX FDS	REIT ETF	922908553	690	7,956	SH		SOLE		0	0	7,956
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	215	1,940	SH		SOLE		0	0	1,940
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	950	10,409	SH		SOLE		0	0	10,409
VANGUARD INDEX FDS	GROWTH ETF	922908736	285	2,538	SH		SOLE		0	0	2,538
VANGUARD INDEX FDS	VALUE ETF	922908744	297	3,418	SH		SOLE		0	0	3,418
VANGUARD INDEX FDS	SMALL CP ETF	922908751	367	3,001	SH		SOLE		0	0	3,001
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,789	16,069	SH		SOLE		0	0	16,069
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	346	7,612	SH		SOLE		0	0	7,612
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	425	8,721	SH		SOLE		0	0	8,721
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	316	3,929	SH		SOLE		0	0	3,929
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	5,607	66,809	SH		SOLE		0	0	66,809
VANGUARD STAR FD	VG TL INTL STK F	921909768	211	4,471	SH		SOLE		0	0	4,471
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	3,276	45,415	SH		SOLE		0	0	45,415
VANGUARD WORLD FD	MEGA CAP VAL ETF	921910840	335	5,351	SH		SOLE		0	0	5,351
VANGUARD WORLD FDS	TELCOMM ETF	92204A884	389	4,124	SH		SOLE		0	0	4,124
VENTAS INC	COM	92276F100	922	13,047	SH		SOLE		0	0	13,047
VEREIT INC	COM	92339V100	1,365	131,635	SH		SOLE		0	0	131,635
VERIZON	COM	92343V104	2,576	49,552	SH		SOLE		0	0	49,552
VICTORY PORTFOLIOS II	CEMP US DISCOVER	92647N774	697	19,426	SH		SOLE		0	0	19,426
VICTORY PORTFOLIOS II	CEMP US 500 ENHA	92647N782	303	7,855	SH		SOLE		0	0	7,855
VICTORY PORTFOLIOS II	CEMP DEVELOPED E	92647N816	651	21,774	SH		SOLE		0	0	21,774
VICTORY PORTFOLIOS II	CEMP US EQ INCOM	92647N824	672	16,955	SH		SOLE		0	0	16,955
VISA INC	COM CL A	92826C839	530	6,409	SH		SOLE		0	0	6,409
WALGREENS BOOTS ALLIANCE INC	COM	931427108	899	11,156	SH		SOLE		0	0	11,156
WAL-MART STORES INC	COM	931142103	913	12,665	SH		SOLE		0	0	12,665
WEC ENERGY GROUP INC	COM	92939U106	1,895	31,643	SH		SOLE		0	0	31,643
WELLS FARGO & CO	COM	949746101	884	19,972	SH		SOLE		0	0	19,972
WELLTOWER INC	COM	95040Q104	392	5,242	SH		SOLE		0	0	5,242
WISDOMTREE TR	HIGH DIV FD	97717W208	239	3,590	SH		SOLE		0	0	3,590
ZOETIS INC	CL A	98978V103	212	4,082	SH		SOLE		0	0	4,082