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 | 1,258 | 12,450 | SH | | SOLE | | 6,225 | 0 | 6,225 |
Barclays 1-3 Yr Credit Bond ET | COM | 464288646 | 990 | 9,410 | SH | | SOLE | | 4,705 | 0 | 4,705 |
Blackrock Core Bond Trust | COM | 09249E101 | 643 | 48,130 | SH | | SOLE | | 24,065 | 0 | 24,065 |
Blackrock Global Floating Rate | COM | 091941104 | 640 | 44,810 | SH | | SOLE | | 22,405 | 0 | 22,405 |
Blackrock Limited Duration CEF | COM | 09249w101 | 891 | 57,210 | SH | | SOLE | | 28,605 | 0 | 28,605 |
Blackrock Multi-Sector Income | COM | 09258A107 | 1,445 | 83,460 | SH | | SOLE | | 41,730 | 0 | 41,730 |
Blackrock MuniYield Quality | COM | 09254E103 | 872 | 62,580 | SH | | SOLE | | 31,290 | 0 | 31,290 |
Blackstone/GSO Senior Loan ETF | COM | 78467V608 | 1,582 | 33,280 | SH | | SOLE | | 16,640 | 0 | 16,640 |
Eaton Vance Ltd Duration Incom | COM | 27828h105 | 465 | 33,654 | SH | | SOLE | | 16,827 | 0 | 16,827 |
High Yield 0-5yr Bond ETF - SP | COM | 78468R408 | 681 | 24,370 | SH | | SOLE | | 12,185 | 0 | 12,185 |
High Yield L/S ETF - First Tru | COM | 33738d408 | 1,666 | 34,100 | SH | | SOLE | | 17,050 | 0 | 17,050 |
Invesco Cali Value Muni CEF | COM | 46132H106 | 286 | 23,200 | SH | | SOLE | | 11,600 | 0 | 11,600 |
Invesco Muni CEF | COM | 46131j103 | 1,334 | 106,490 | SH | | SOLE | | 53,245 | 0 | 53,245 |
MS EM Domestic Debt CEF | COM | 617477104 | 825 | 108,900 | SH | | SOLE | | 54,450 | 0 | 54,450 |
Senior Loan ETF - Powershares | COM | 73936q769 | 773 | 33,250 | SH | | SOLE | | 16,625 | 0 | 16,625 |
Sr Floating Rate CEF - FirstTr | COM | 33733u108 | 900 | 65,040 | SH | | SOLE | | 32,520 | 0 | 32,520 |
iBonds Dec18 Corp ETF -iShares | COM | 46434vaa8 | 730 | 29,000 | SH | | SOLE | | 14,500 | 0 | 14,500 |
AT&T Inc | COM | 00206R102 | 438 | 10,544 | SH | | SOLE | | 5,272 | 0 | 5,272 |
AbbVie Inc. | COM | 00287Y109 | 473 | 7,256 | SH | | SOLE | | 3,628 | 0 | 3,628 |
Activision Inc. | COM | 00507v109 | 477 | 9,564 | SH | | SOLE | | 4,782 | 0 | 4,782 |
Adobe Systems Inc | COM | 00724f101 | 457 | 3,510 | SH | | SOLE | | 1,755 | 0 | 1,755 |
Aetna Inc New | COM | 00817y108 | 542 | 4,250 | SH | | SOLE | | 2,125 | 0 | 2,125 |
Alphabet Inc Class A | COM | 02079k305 | 768 | 906 | SH | | SOLE | | 453 | 0 | 453 |
American Airlines | COM | 02376r102 | 449 | 10,624 | SH | | SOLE | | 5,312 | 0 | 5,312 |
American Express Co | COM | 025816109 | 444 | 5,610 | SH | | SOLE | | 2,805 | 0 | 2,805 |
American Tower Corp-Class A | COM | 03027x100 | 491 | 4,038 | SH | | SOLE | | 2,019 | 0 | 2,019 |
Avalonbay Cmntys Inc | COM | 053484101 | 445 | 2,422 | SH | | SOLE | | 1,211 | 0 | 1,211 |
Bank of America Corp | COM | 060505104 | 991 | 42,026 | SH | | SOLE | | 21,013 | 0 | 21,013 |
Best Buy Inc | COM | 086516101 | 558 | 11,352 | SH | | SOLE | | 5,676 | 0 | 5,676 |
Boeing Co | COM | 097023105 | 439 | 2,480 | SH | | SOLE | | 1,240 | 0 | 1,240 |
CBS Corp New Cl B | COM | 124857202 | 805 | 11,600 | SH | | SOLE | | 5,800 | 0 | 5,800 |
Constellation Brands, Inc. | COM | 21036P108 | 489 | 3,020 | SH | | SOLE | | 1,510 | 0 | 1,510 |
Darden Restaurants Inc | COM | 237194105 | 497 | 5,938 | SH | | SOLE | | 2,969 | 0 | 2,969 |
Delta Air Lines Inc | COM | 247361702 | 434 | 9,450 | SH | | SOLE | | 4,725 | 0 | 4,725 |
Facebook Inc | COM | 30303m102 | 1,469 | 10,344 | SH | | SOLE | | 5,172 | 0 | 5,172 |
Ford Motor Co. | COM | 345370860 | 453 | 38,910 | SH | | SOLE | | 19,455 | 0 | 19,455 |
Gap Inc | COM | 364760108 | 454 | 18,676 | SH | | SOLE | | 9,338 | 0 | 9,338 |
General Motors Corp. | COM | 37045V100 | 442 | 12,492 | SH | | SOLE | | 6,246 | 0 | 6,246 |
Gilead Sciences Inc | COM | 375558103 | 1,096 | 16,138 | SH | | SOLE | | 8,069 | 0 | 8,069 |
Goldman Sachs Group Inc | COM | 38141G104 | 444 | 1,932 | SH | | SOLE | | 966 | 0 | 966 |
Hasbro Inc. | COM | 418056107 | 453 | 4,540 | SH | | SOLE | | 2,270 | 0 | 2,270 |
Hovnanian Enterprises Inc. | COM | 442487203 | 83 | 36,360 | SH | | SOLE | | 18,180 | 0 | 18,180 |
Kohls Corp | COM | 500255104 | 451 | 11,330 | SH | | SOLE | | 5,665 | 0 | 5,665 |
Mastercard Inc | COM | 57636q104 | 461 | 4,102 | SH | | SOLE | | 2,051 | 0 | 2,051 |
Metlife Inc | COM | 59156r108 | 438 | 8,294 | SH | | SOLE | | 4,147 | 0 | 4,147 |
Monster Beverage Corp | COM | 61174x109 | 472 | 10,218 | SH | | SOLE | | 5,109 | 0 | 5,109 |
Morgan Stanley | COM | 617446448 | 432 | 10,086 | SH | | SOLE | | 5,043 | 0 | 5,043 |
Netflix Inc | COM | 64110l106 | 475 | 3,216 | SH | | SOLE | | 1,608 | 0 | 1,608 |
Priceline.com Inc New | COM | 741503403 | 441 | 248 | SH | | SOLE | | 124 | 0 | 124 |
Quality S&P500 - SPDR ETF | COM | 78468R812 | 14,910 | 218,490 | SH | | SOLE | | 109,245 | 0 | 109,245 |
Royal Caribbean Cruises Ltd. | COM | V7780T103 | 452 | 4,610 | SH | | SOLE | | 2,305 | 0 | 2,305 |
Schwab Charles Corp | COM | 808513105 | 436 | 10,686 | SH | | SOLE | | 5,343 | 0 | 5,343 |
Scientific Beta US ETF - Globa | COM | 37954Y103 | 13,900 | 500,180 | SH | | SOLE | | 250,090 | 0 | 250,090 |
Six Flags Inc. | COM | 83001a102 | 451 | 7,580 | SH | | SOLE | | 3,790 | 0 | 3,790 |
Southwest Airlines Co | COM | 844741108 | 669 | 12,440 | SH | | SOLE | | 6,220 | 0 | 6,220 |
Square Inc - A | COM | 852234103 | 452 | 26,160 | SH | | SOLE | | 13,080 | 0 | 13,080 |
T-Moblie US Inc. | COM | 872590104 | 464 | 7,182 | SH | | SOLE | | 3,591 | 0 | 3,591 |
US Large Cap ETF - Goldman Sac | COM | 381430503 | 4,070 | 87,010 | SH | | SOLE | | 43,505 | 0 | 43,505 |
US S&P 500 Index ETF - SPDR | COM | 78462F103 | 71,367 | 302,736 | SH | | SOLE | | 151,368 | 0 | 151,368 |
US S&P500 ETF - iShares | COM | 464287200 | 12,898 | 54,360 | SH | | SOLE | | 27,180 | 0 | 27,180 |
Australia ETF - iShares | COM | 464286103 | 7,426 | 328,420 | SH | | SOLE | | 164,210 | 0 | 164,210 |
Austria ETF - iShares | COM | 464286202 | 4,170 | 229,520 | SH | | SOLE | | 114,760 | 0 | 114,760 |
Canada ETF - iShares | COM | 464286509 | 4,339 | 161,418 | SH | | SOLE | | 80,709 | 0 | 80,709 |
Chile ETF - iShares | COM | 464286640 | 2,055 | 47,174 | SH | | SOLE | | 23,587 | 0 | 23,587 |
China ETF - iShares | COM | 46429b671 | 9,314 | 186,540 | SH | | SOLE | | 93,270 | 0 | 93,270 |
Core Emerging Markets - iShare | COM | 46434G103 | 9,850 | 206,120 | SH | | SOLE | | 103,060 | 0 | 103,060 |
DJ Euro Stoxx 50 ETF - SPDR | COM | 78463x202 | 509 | 14,000 | SH | | SOLE | | 7,000 | 0 | 7,000 |
Ferrari NV | COM | n3167y103 | 507 | 6,822 | SH | | SOLE | | 3,411 | 0 | 3,411 |
Germany ETF - iShares | COM | 464286806 | 11,646 | 405,090 | SH | | SOLE | | 202,545 | 0 | 202,545 |
Israel ETF - iShares | COM | 464286632 | 5,128 | 100,050 | SH | | SOLE | | 50,025 | 0 | 50,025 |
Italy ETF - iShares | COM | 46434G830 | 540 | 20,990 | SH | | SOLE | | 10,495 | 0 | 10,495 |
Japan ETF - iShares | COM | 46434g822 | 4,813 | 93,456 | SH | | SOLE | | 46,728 | 0 | 46,728 |
Japan Nikkei 400 ETF - Deutsch | COM | 233051663 | 23,292 | 921,000 | SH | | SOLE | | 460,500 | 0 | 460,500 |
Korea Hedged ETF - Deutsche Ba | COM | 233051812 | 10,039 | 380,140 | SH | | SOLE | | 190,070 | 0 | 190,070 |
MSCI Emerging Markets ETF - iS | COM | 464287234 | 9,879 | 250,790 | SH | | SOLE | | 125,395 | 0 | 125,395 |
Molson Coors Brewing Co Cl B | COM | 60871R209 | 453 | 4,730 | SH | | SOLE | | 2,365 | 0 | 2,365 |
Norway ETF - Global X | COM | 37950E747 | 1,091 | 97,444 | SH | | SOLE | | 48,722 | 0 | 48,722 |
Poland ETF - iShares | COM | 46429B606 | 830 | 38,440 | SH | | SOLE | | 19,220 | 0 | 19,220 |
Spain ETF - iShares | COM | 464286764 | 3,247 | 106,780 | SH | | SOLE | | 53,390 | 0 | 53,390 |
Sweden ETF - iShares | COM | 464286756 | 3,351 | 106,140 | SH | | SOLE | | 53,070 | 0 | 53,070 |
Taiwan ETF - iShares | COM | 46434g772 | 5,878 | 176,899 | SH | | SOLE | | 88,449 | 0 | 88,449 |
Thailand ETF - iShares | COM | 464286624 | 3,904 | 50,064 | SH | | SOLE | | 25,032 | 0 | 25,032 |
United Kingdom ETF - iShares | COM | 46435g334 | 3,568 | 109,630 | SH | | SOLE | | 54,815 | 0 | 54,815 |
ACWI ex US ETF - iShares | COM | 464288240 | 10,868 | 249,160 | SH | | SOLE | | 124,580 | 0 | 124,580 |
Multi-Strategy Tracker ETF - I | COM | 45409B107 | 6,979 | 239,910 | SH | | SOLE | | 119,955 | 0 | 119,955 |
KBW Bank ETF - Powershares | COM | 73937B746 | 6,615 | 139,230 | SH | | SOLE | | 69,615 | 0 | 69,615 |
Technology Select Sector ETF - | COM | 81369Y803 | 8,554 | 160,460 | SH | | SOLE | | 80,230 | 0 | 80,230 |