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 |
0-5 Year High Yield ETF - PIMC | COM | 72201r783 | 237 | 2,330 | SH | | SOLE | | 1,540 | 0 | 790 |
20+ yr Treasury ETF - iShares | COM | 464287432 | 7,398 | 56,610 | SH | | SOLE | | 685 | 0 | 55,925 |
Barclays 1-3 Yr Credit Bond ET | COM | 464288646 | 481 | 4,560 | SH | | SOLE | | 2,100 | 0 | 2,460 |
Barclays Aggregate Bond Fund E | COM | 464287226 | 702 | 6,300 | SH | | SOLE | | 5,145 | 0 | 1,155 |
Blackrock Core Bond Trust | COM | 09249E101 | 256 | 18,500 | SH | | SOLE | | 0 | 0 | 18,500 |
Blackrock Global Floating Rate | COM | 091941104 | 198 | 14,700 | SH | | SOLE | | 0 | 0 | 14,700 |
Blackrock MuniYield Quality | COM | 09254E103 | 354 | 24,900 | SH | | SOLE | | 0 | 0 | 24,900 |
Eaton Vance Ltd Duration Incom | COM | 27828h105 | 201 | 14,000 | SH | | SOLE | | 0 | 0 | 14,000 |
High Yield 0-5yr Bond ETF - SP | COM | 78468R408 | 254 | 8,700 | SH | | SOLE | | 6,450 | 0 | 2,250 |
Peritus High Yield ETF - Advis | COM | 00768Y503 | 314 | 7,584 | SH | | SOLE | | 7,584 | 0 | 0 |
Senior Loan ETF - Powershares | COM | 73936q769 | 678 | 28,160 | SH | | SOLE | | 6,520 | 0 | 21,640 |
Short Term Muni Bond ETF - SPD | COM | 78464A425 | 1,345 | 55,300 | SH | | SOLE | | 0 | 0 | 55,300 |
Managed Futures ETF - Wisdomtr | COM | 97717W125 | 558 | 12,592 | SH | | SOLE | | 790 | 0 | 11,802 |
Actavis PLC | COM | 097252718 | 648 | 2,177 | SH | | SOLE | | 465 | 0 | 1,712 |
Apollo Global Management LLC | COM | US0376123 | 417 | 19,300 | SH | | SOLE | | 13,700 | 0 | 5,600 |
Apple Inc | COM | 037833100 | 2,395 | 19,249 | SH | | SOLE | | 15,290 | 0 | 3,959 |
Bank of America Corp | COM | 060505104 | 677 | 44,000 | SH | | SOLE | | 0 | 0 | 44,000 |
CVS Caremark Corp | COM | 126650100 | 497 | 4,820 | SH | | SOLE | | 0 | 0 | 4,820 |
Delta Air Lines Inc | COM | 247361702 | 553 | 12,294 | SH | | SOLE | | 2,950 | 0 | 9,344 |
Discover Financial SVCS | COM | 254709108 | 601 | 10,664 | SH | | SOLE | | 3,600 | 0 | 7,064 |
EOG Resources Inc | COM | 26875p101 | 910 | 9,925 | SH | | SOLE | | 3,490 | 0 | 6,435 |
Estee Lauder Companies Inc. | COM | 518439104 | 648 | 7,792 | SH | | SOLE | | 1,710 | 0 | 6,082 |
Facebook Inc | COM | 30303m102 | 639 | 7,770 | SH | | SOLE | | 1,990 | 0 | 5,780 |
Fluor Corporation | COM | 343412102 | 592 | 10,350 | SH | | SOLE | | 5,670 | 0 | 4,680 |
Freeport McMoran Copper & Gold | COM | 35671D857 | 268 | 14,120 | SH | | SOLE | | 4,360 | 0 | 9,760 |
Gilead Sciences Inc | COM | 375558103 | 642 | 6,542 | SH | | SOLE | | 2,200 | 0 | 4,342 |
Google Inc Class A | COM | 38259p508 | 638 | 1,150 | SH | | SOLE | | 295 | 0 | 855 |
HCA Inc | COM | 40412c101 | 235 | 3,120 | SH | | SOLE | | 3,120 | 0 | 0 |
Halliburton Co Holdings Co | COM | 406216101 | 642 | 14,631 | SH | | SOLE | | 3,210 | 0 | 11,421 |
JPMorgan Chase & Co | COM | 46625h100 | 890 | 14,699 | SH | | SOLE | | 5,240 | 0 | 9,459 |
Las Vegas Sands Corp | COM | 517834107 | 443 | 8,047 | SH | | SOLE | | 0 | 0 | 8,047 |
Lear Corp. | COM | 521865204 | 805 | 7,265 | SH | | SOLE | | 2,435 | 0 | 4,830 |
Micron Technology Inc | COM | 595112103 | 545 | 20,100 | SH | | SOLE | | 6,700 | 0 | 13,400 |
NRG Energy Inc New | COM | 629377508 | 291 | 11,540 | SH | | SOLE | | 3,300 | 0 | 8,240 |
S&P500 ETF - iShares | COM | 464287200 | 10,196 | 49,061 | SH | | SOLE | | 21,738 | 0 | 27,323 |
S&P500 Index ETF - SPDR | COM | 78462F103 | 43,949 | 212,899 | SH | | SOLE | | 88,988 | 0 | 123,911 |
S&P500 Index ETF - Vanguard | COM | 922908363 | 1,410 | 7,455 | SH | | SOLE | | 7,455 | 0 | 0 |
Splunk Inc | COM | 848637104 | 370 | 6,250 | SH | | SOLE | | 1,630 | 0 | 4,620 |
US Equity Large Cap ETF - Firs | COM | 33734k109 | 32,289 | 693,196 | SH | | SOLE | | 410,876 | 0 | 282,320 |
US Small Cap ETF - First Trust | COM | 33734Y109 | 5,087 | 100,610 | SH | | SOLE | | 33,450 | 0 | 67,160 |
United Rentals Inc | COM | 911363109 | 576 | 6,320 | SH | | SOLE | | 1,900 | 0 | 4,420 |
Verizon Communications Inc | COM | 92343V104 | 426 | 8,763 | SH | | SOLE | | 3,000 | 0 | 5,763 |
Australia ETF - iShares | COM | 464286103 | 4,060 | 177,595 | SH | | SOLE | | 84,070 | 0 | 93,525 |
Canada ETF - First Trust | COM | 33737j208 | 3,323 | 112,380 | SH | | SOLE | | 48,430 | 0 | 63,950 |
China ETF - First Trust | COM | 33737j141 | 9,802 | 403,485 | SH | | SOLE | | 209,110 | 0 | 194,375 |
China ETF - iShares | COM | 46429b671 | 1,629 | 29,888 | SH | | SOLE | | 25,118 | 0 | 4,770 |
Europe Hedged Equity ETF - Wis | COM | 97717X701 | 12,531 | 189,465 | SH | | SOLE | | 59,840 | 0 | 129,625 |
Germany Hedged ETF - Deutsche | COM | 233051408 | 10,952 | 381,588 | SH | | SOLE | | 214,418 | 0 | 167,170 |
India ETF - iShares | COM | 464289529 | 214 | 6,844 | SH | | SOLE | | 1,354 | 0 | 5,490 |
Indonesia ETF - iShares | COM | 46429B309 | 4,315 | 155,506 | SH | | SOLE | | 102,952 | 0 | 52,554 |
Israel ETF - iShares | COM | 464286632 | 3,538 | 69,936 | SH | | SOLE | | 49,811 | 0 | 20,125 |
Japan Hedged Equity ETF - Wisd | COM | 97717w851 | 11,896 | 215,819 | SH | | SOLE | | 63,324 | 0 | 152,495 |
Japan Yen Hedged ETF - Deutsch | COM | 233051507 | 15,695 | 381,788 | SH | | SOLE | | 209,273 | 0 | 172,515 |
Nabors Industries Ltd (USD) | COM | g6359f103 | 457 | 33,455 | SH | | SOLE | | 23,400 | 0 | 10,055 |
Norway ETF - Global X | COM | 37950E747 | 1,433 | 122,889 | SH | | SOLE | | 55,339 | 0 | 67,550 |
Singapore ETF - iShares | COM | 464286673 | 2,056 | 160,595 | SH | | SOLE | | 80,855 | 0 | 79,740 |
South Africa ETF - iShares | COM | 464286780 | 268 | 4,005 | SH | | SOLE | | 145 | 0 | 3,860 |
Sweden ETF - iShares | COM | 464286756 | 7,763 | 231,856 | SH | | SOLE | | 143,368 | 0 | 88,488 |
Taiwan ETF - First Trust | COM | 33737j257 | 3,755 | 97,655 | SH | | SOLE | | 48,220 | 0 | 49,435 |
Taiwan ETF - iShares | COM | 464286731 | 1,029 | 65,376 | SH | | SOLE | | 65,376 | 0 | 0 |
Turkey ETF - iShares | COM | 464286715 | 1,913 | 41,233 | SH | | SOLE | | 20,420 | 0 | 20,813 |
United Kingdom ETF - First Tru | COM | 33737j224 | 3,321 | 82,167 | SH | | SOLE | | 26,835 | 0 | 55,332 |
All Country World Index ETF - | COM | 464288257 | 4,802 | 80,000 | SH | | SOLE | | 80,000 | 0 | 0 |
Global Core Equity Fund -Z | COM | BSP005061 | 4,350 | 435,000 | SH | | SOLE | | 0 | 0 | 435,000 |
Hedged ACWI ex US ETF - Deutsc | COM | 233051820 | 7,420 | 282,450 | SH | | SOLE | | 9,650 | 0 | 272,800 |
US Dollar Bullish ETF - Powers | COM | 73936d107 | 8,369 | 323,135 | SH | | SOLE | | 3,840 | 0 | 319,295 |
Global Long Short ETF - Adviso | COM | 00768Y404 | 3,521 | 174,069 | SH | | SOLE | | 99,630 | 0 | 74,439 |
Macro Tracker ETF - Index IQ | COM | 45409b206 | 458 | 17,960 | SH | | SOLE | | 1,130 | 0 | 16,830 |
Merger Arb ETF - Credit Suisse | COM | 22542D845 | 380 | 19,530 | SH | | SOLE | | 1,221 | 0 | 18,309 |
Multi-Strategy Tracker ETF - I | COM | 45409B107 | 6,205 | 207,255 | SH | | SOLE | | 66,260 | 0 | 140,995 |
RAFI Long/Short ETF - ProShare | COM | 74347x310 | 615 | 15,169 | SH | | SOLE | | 940 | 0 | 14,229 |
European Financial ETF - iShar | COM | 464289180 | 595 | 25,890 | SH | | SOLE | | 0 | 0 | 25,890 |
Healthcare ETF - SPDR | COM | 81369Y209 | 629 | 8,680 | SH | | SOLE | | 0 | 0 | 8,680 |
Info Tech ETF - Vanguard | COM | 92204a702 | 570 | 5,350 | SH | | SOLE | | 0 | 0 | 5,350 |