Banque Pictet & Cie 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
3-D SYS CORP DEL	COM NEW	88554D205	587	44,200	SH		SOLE		0	0	44,200
3M CO	COM	88579Y101	35,325	197,819	SH		SOLE		0	0	197,819
ABBOTT LABS	COM	002824100	29,970	780,263	SH		SOLE		0	0	780,263
ABBVIE INC	COM	00287Y109	4,618	73,747	SH		SOLE		0	0	73,747
ABERCROMBIE & FITCH CO	CL A	002896207	450	37,523	SH		SOLE		0	0	37,523
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	4,336	37,022	SH		SOLE		0	0	37,022
ADOBE SYS INC	COM	00724F101	3,162	30,717	SH		SOLE		0	0	30,717
ADVANSIX INC	COM	00773T101	267	12,063	SH		SOLE		0	0	12,063
AFFILIATED MANAGERS GROUP	COM	008252108	981	6,750	SH		SOLE		0	0	6,750
ALBEMARLE CORP	COM	012653101	224	2,600	SH		SOLE		0	0	2,600
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	14,604	166,317	SH		SOLE		0	0	166,317
ALLIANCE DATA SYSTEMS CORP	COM	018581108	2,810	12,299	SH		SOLE		0	0	12,299
ALPHABET INC	CAP STK CL A	02079K305	165,708	209,108	SH		SOLE		0	0	209,108
ALPHABET INC	CAP STK CL C	02079K107	85,383	110,625	SH		SOLE		0	0	110,625
ALTRIA GROUP INC	COM	02209S103	1,528	22,590	SH		SOLE		0	0	22,590
AMAZON COM INC	COM	023135106	115,832	154,469	SH		SOLE		0	0	154,469
AMAZON COM INC	COM	023135106	750	1,000	SH	Put	SOLE		0	0	1,000
AMERICAN ELEC PWR INC	COM	025537101	630	10,000	SH		SOLE		0	0	10,000
AMERICAN EXPRESS CO	COM	025816109	3,103	41,889	SH		SOLE		0	0	41,889
AMERICAN INTL GROUP INC	COM NEW	026874784	26,126	400,025	SH		SOLE		0	0	400,025
AMERICAN WTR WKS CO INC NEW	COM	030420103	1,668	23,050	SH		SOLE		0	0	23,050
AMERISOURCEBERGEN CORP	COM	03073E105	1,783	22,800	SH		SOLE		0	0	22,800
AMETEK INC NEW	COM	031100100	16,637	342,330	SH		SOLE		0	0	342,330
AMGEN INC	COM	031162100	1,357	9,284	SH		SOLE		0	0	9,284
ANADARKO PETE CORP	COM	032511107	15,719	225,422	SH		SOLE		0	0	225,422
ANNALY CAP MGMT INC	COM	035710409	883	88,600	SH		SOLE		0	0	88,600
APPLE INC	COM	037833100	154,280	1,332,071	SH		SOLE		0	0	1,332,071
ARCHER DANIELS MIDLAND CO	COM	039483102	2,693	59,000	SH		SOLE		0	0	59,000
ASTRAZENECA PLC	SPONSORED ADR	046353108	7,515	275,077	SH		SOLE		0	0	275,077
AT&T INC	COM	00206R102	2,271	53,400	SH		SOLE		0	0	53,400
BAIDU INC	SPON ADR REP A	056752108	504	3,065	SH		SOLE		0	0	3,065
BANK AMER CORP	COM	060505104	4,521	204,557	SH		SOLE		0	0	204,557
BANK HAWAII CORP	COM	062540109	3,299	37,200	SH		SOLE		0	0	37,200
BANK MONTREAL QUE	COM	063671101	7,355	102,137	SH		SOLE		0	0	102,137
BARRICK GOLD CORP	COM	067901108	414	25,821	SH		SOLE		0	0	25,821
BED BATH & BEYOND INC	COM	075896100	2,789	68,635	SH		SOLE		0	0	68,635
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	6,874	42,180	SH		SOLE		0	0	42,180
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	7,812	32	SH		SOLE		0	0	32
BIOGEN INC	COM	09062X103	3,775	13,311	SH		SOLE		0	0	13,311
BLACKROCK INC	COM	09247X101	702	1,846	SH		SOLE		0	0	1,846
BOEING CO	COM	097023105	6,169	39,628	SH		SOLE		0	0	39,628
BORGWARNER INC	COM	099724106	19,427	492,571	SH		SOLE		0	0	492,571
BRISTOL MYERS SQUIBB CO	COM	110122108	3,883	66,450	SH		SOLE		0	0	66,450
CAPITAL ONE FINL CORP	COM	14040H105	3,510	40,237	SH		SOLE		0	0	40,237
CATERPILLAR INC DEL	COM	149123101	2,662	28,700	SH		SOLE		0	0	28,700
CELGENE CORP	COM	151020104	83,674	722,886	SH		SOLE		0	0	722,886
CELGENE CORP	COM	151020104	27,757	239,800	SH	Put	SOLE		0	0	239,800
CF INDS HLDGS INC	COM	125269100	6,747	214,316	SH		SOLE		0	0	214,316
CHEMOCENTRYX INC	COM	16383L106	557	75,206	SH		SOLE		0	0	75,206
CHEVRON CORP NEW	COM	166764100	5,281	44,869	SH		SOLE		0	0	44,869
CISCO SYS INC	COM	17275R102	2,539	84,001	SH		SOLE		0	0	84,001
CITIGROUP INC	COM NEW	172967424	42,051	707,567	SH		SOLE		0	0	707,567
CITIZENS FINL GROUP INC	COM	174610105	13,675	383,795	SH		SOLE		0	0	383,795
CITRIX SYS INC	COM	177376100	4,047	45,311	SH		SOLE		0	0	45,311
CLAYMORE EXCHANGE TRD FD TR	GUGG CHN TECH	18383Q135	596	16,890	SH		SOLE		0	0	16,890
CLAYMORE EXCHANGE TRD FD TR	GUGGEN DEFN EQTY	18383M878	1,454	37,376	SH		SOLE		0	0	37,376
CLOROX CO DEL	COM	189054109	240	2,000	SH		SOLE		0	0	2,000
CMS ENERGY CORP	COM	125896100	1,508	36,230	SH		SOLE		0	0	36,230
COCA COLA CO	COM	191216100	2,350	56,680	SH		SOLE		0	0	56,680
COCA COLA CO	COM	191216100	726	17,500	SH	Call	SOLE		0	0	17,500
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	37,702	672,883	SH		SOLE		0	0	672,883
COLGATE PALMOLIVE CO	COM	194162103	67,156	1,026,230	SH		SOLE		0	0	1,026,230
COMCAST CORP NEW	CL A	20030N101	4,319	62,545	SH		SOLE		0	0	62,545
CONAGRA BRANDS INC	COM	205887102	1,068	27,000	SH		SOLE		0	0	27,000
CONOCOPHILLIPS	COM	20825C104	824	16,430	SH		SOLE		0	0	16,430
CONSTELLATION BRANDS INC	CL A	21036P108	767	5,000	SH		SOLE		0	0	5,000
COOPER COS INC	COM NEW	216648402	15,404	88,056	SH		SOLE		0	0	88,056
COSTCO WHSL CORP NEW	COM	22160K105	21,547	134,579	SH		SOLE		0	0	134,579
CRITEO S A	SPONS ADS	226718104	247	6,000	SH		SOLE		0	0	6,000
CVS HEALTH CORP	COM	126650100	24,814	314,460	SH		SOLE		0	0	314,460
DANAHER CORP DEL	COM	235851102	61,402	788,825	SH		SOLE		0	0	788,825
DBX ETF TR	XTRAK MSCI JAPN	233051507	1,310	35,200	SH		SOLE		0	0	35,200
DBX ETF TR	DBXTR HAR CS 300	233051879	681	29,040	SH		SOLE		0	0	29,040
DBX ETF TR	DB XTR MSCI EUR	233051853	1,067	42,060	SH		SOLE		0	0	42,060
DEERE & CO	COM	244199105	16,098	156,230	SH		SOLE		0	0	156,230
DENTSPLY SIRONA INC	COM	24906P109	1,902	32,955	SH		SOLE		0	0	32,955
DIREXION SHS ETF TR	HEALTHCARE BUL	25459Y876	279	10,120	SH		SOLE		0	0	10,120
DISCOVER FINL SVCS	COM	254709108	11,588	160,743	SH		SOLE		0	0	160,743
DISNEY WALT CO	COM DISNEY	254687106	176,318	1,691,783	SH		SOLE		0	0	1,691,783
DISNEY WALT CO	COM DISNEY	254687106	948	9,100	SH	Put	SOLE		0	0	9,100
DOVER CORP	COM	260003108	352	4,700	SH		SOLE		0	0	4,700
DOW CHEM CO	COM	260543103	552	9,650	SH		SOLE		0	0	9,650
EBAY INC	COM	278642103	3,809	128,304	SH		SOLE		0	0	128,304
ECOLAB INC	COM	278865100	1,325	11,300	SH		SOLE		0	0	11,300
EDWARDS LIFESCIENCES CORP	COM	28176E108	1,555	16,600	SH		SOLE		0	0	16,600
ELECTRONIC ARTS INC	COM	285512109	370	4,700	SH	Put	SOLE		0	0	4,700
EOG RES INC	COM	26875P101	42,114	416,554	SH		SOLE		0	0	416,554
EQUITY COMWLTH	COM SH BEN INT	294628102	1,258	41,600	SH		SOLE		0	0	41,600
EXPRESS SCRIPTS HLDG CO	COM	30219G108	2,994	43,525	SH		SOLE		0	0	43,525
EXXON MOBIL CORP	COM	30231G102	9,122	101,065	SH		SOLE		0	0	101,065
F5 NETWORKS INC	COM	315616102	3,734	25,804	SH		SOLE		0	0	25,804
FACEBOOK INC	CL A	30303M102	103,010	895,350	SH		SOLE		0	0	895,350
FEDEX CORP	COM	31428X106	623	3,347	SH		SOLE		0	0	3,347
FIDELITY NATL INFORMATION SV	COM	31620M106	5,426	71,730	SH		SOLE		0	0	71,730
FIRST HAWAIIAN INC	COM	32051X108	3,263	93,700	SH		SOLE		0	0	93,700
FIRST TR EXCHANGE TRADED FD	DJ INTERNT IDX	33733E302	4,683	58,656	SH		SOLE		0	0	58,656
FISERV INC	COM	337738108	1,796	16,900	SH		SOLE		0	0	16,900
FLUOR CORP NEW	COM	343412102	8,057	153,400	SH		SOLE		0	0	153,400
FORTIVE CORP	COM	34959J108	4,473	83,405	SH		SOLE		0	0	83,405
GENERAL ELECTRIC CO	COM	369604103	15,880	502,523	SH		SOLE		0	0	502,523
GENERAL MLS INC	COM	370334104	649	10,500	SH		SOLE		0	0	10,500
GENERAL MTRS CO	COM	37045V100	499	14,336	SH		SOLE		0	0	14,336
GILEAD SCIENCES INC	COM	375558103	10,633	148,479	SH		SOLE		0	0	148,479
GOLDCORP INC NEW	COM	380956409	307	22,500	SH		SOLE		0	0	22,500
GOLDMAN SACHS GROUP INC	COM	38141G104	934	3,900	SH		SOLE		0	0	3,900
GRAINGER W W INC	COM	384802104	1,858	8,000	SH		SOLE		0	0	8,000
HALLIBURTON CO	COM	406216101	54,882	1,014,635	SH		SOLE		0	0	1,014,635
HAWAIIAN ELEC INDUSTRIES	COM	419870100	2,811	85,000	SH		SOLE		0	0	85,000
HCA HOLDINGS INC	COM	40412C101	2,863	38,673	SH		SOLE		0	0	38,673
HOME DEPOT INC	COM	437076102	39,899	297,577	SH		SOLE		0	0	297,577
HONEYWELL INTL INC	COM	438516106	64,781	559,184	SH		SOLE		0	0	559,184
HORMEL FOODS CORP	COM	440452100	1,107	31,800	SH		SOLE		0	0	31,800
HUDBAY MINERALS INC	COM	443628102	63	11,000	SH		SOLE		0	0	11,000
ILLINOIS TOOL WKS INC	COM	452308109	3,459	28,243	SH		SOLE		0	0	28,243
INTEL CORP	COM	458140100	3,867	106,604	SH		SOLE		0	0	106,604
INTERNATIONAL BUSINESS MACHS	COM	459200101	7,339	44,215	SH		SOLE		0	0	44,215
INTERNATIONAL FLAVORS&FRAGRA	COM	459506101	10,701	90,814	SH		SOLE		0	0	90,814
INTUITIVE SURGICAL INC	COM NEW	46120E602	2,627	4,143	SH		SOLE		0	0	4,143
IPG PHOTONICS CORP	COM	44980X109	1,239	12,553	SH		SOLE		0	0	12,553
ISHARES	MSCI MEX CAP ETF	464286822	5,335	121,328	SH		SOLE		0	0	121,328
ISHARES	MSCI PAC JP ETF	464286665	2,054	51,918	SH		SOLE		0	0	51,918
ISHARES	MSCI CDA ETF	464286509	13,480	515,500	SH		SOLE		0	0	515,500
ISHARES	MSCI STH AFR ETF	464286780	1,657	31,650	SH		SOLE		0	0	31,650
ISHARES	MSCI BRZ CAP ETF	464286400	5,233	156,960	SH		SOLE		0	0	156,960
ISHARES	MSCI THI CAP ETF	464286624	2,249	31,200	SH		SOLE		0	0	31,200
ISHARES	MSCI EURZONE ETF	464286608	4,033	116,570	SH		SOLE		0	0	116,570
ISHARES	MSCI AUST ETF	464286103	9,947	491,700	SH		SOLE		0	0	491,700
ISHARES	MSCI STH KOR ETF	464286772	3,736	70,200	SH		SOLE		0	0	70,200
ISHARES	MIN VOL GBL ETF	464286525	1,478	20,360	SH		SOLE		0	0	20,360
ISHARES	MSCI HONG KG ETF	464286871	5,872	301,435	SH		SOLE		0	0	301,435
ISHARES	MSCI GERMANY ETF	464286806	2,184	82,475	SH		SOLE		0	0	82,475
ISHARES	MSCI FRANCE ETF	464286707	987	40,000	SH		SOLE		0	0	40,000
ISHARES	MSCI SZ CAP ETF	464286749	4,814	163,406	SH		SOLE		0	0	163,406
ISHARES INC	MSCI JPN ETF NEW	46434G822	20,119	411,762	SH		SOLE		0	0	411,762
ISHARES INC	MSCI GBL ETF NEW	46434G848	9,155	355,657	SH		SOLE		0	0	355,657
ISHARES INC	MSCI MLY ETF NEW	46434G814	855	30,475	SH		SOLE		0	0	30,475
ISHARES INC	MSCI TAIWAN ETF	46434G772	4,791	163,142	SH		SOLE		0	0	163,142
ISHARES INC	MSCI SINGPOR ETF	46434G780	2,175	109,140	SH		SOLE		0	0	109,140
ISHARES S&P GSCI COMMODITY I	UNIT BEN INT	46428R107	1,363	87,000	SH		SOLE		0	0	87,000
ISHARES TR	MSCI EMG MKT ETF	464287234	21,607	617,174	SH		SOLE		0	0	617,174
ISHARES TR	RUSSELL 2000 ETF	464287655	10,533	78,108	SH		SOLE		0	0	78,108
ISHARES TR	MSCI INDIA ETF	46429B598	2,013	75,073	SH		SOLE		0	0	75,073
ISHARES TR	MSCI AC ASIA ETF	464288182	2,274	41,400	SH		SOLE		0	0	41,400
ISHARES TR	NASDQ BIOTEC ETF	464287556	13,833	52,126	SH		SOLE		0	0	52,126
ISHARES TR	20 YR TR BD ETF	464287432	238	2,000	SH		SOLE		0	0	2,000
ISHARES TR	U.S. REAL ES ETF	464287739	2,276	29,580	SH		SOLE		0	0	29,580
ISHARES TR	U.S. TECH ETF	464287721	1,225	10,190	SH		SOLE		0	0	10,190
ISHARES TR	CORE S&P500 ETF	464287200	5,624	24,995	SH		SOLE		0	0	24,995
ISHARES TR	MSCI INDONIA ETF	46429B309	702	29,100	SH		SOLE		0	0	29,100
ISHARES TR	S&P MC 400VL ETF	464287705	1,031	7,100	SH		SOLE		0	0	7,100
ISHARES TR	JP MOR EM MK ETF	464288281	2,990	27,124	SH		SOLE		0	0	27,124
ISHARES TR	TIPS BD ETF	464287176	3,927	34,700	SH		SOLE		0	0	34,700
ISHARES TR	CORE S&P SCP ETF	464287804	2,187	15,900	SH		SOLE		0	0	15,900
ISHARES TR	CORE S&P MCP ETF	464287507	7,297	44,135	SH		SOLE		0	0	44,135
ISHARES TR	IBOXX HI YD ETF	464288513	3,883	44,867	SH		SOLE		0	0	44,867
ISHARES TR	PHLX SEMICND ETF	464287523	209	1,700	SH		SOLE		0	0	1,700
ISHARES TR	U.S. FINLS ETF	464287788	310	3,055	SH		SOLE		0	0	3,055
ISHARES TR	US OIL&GS EX ETF	464288851	1,203	18,380	SH		SOLE		0	0	18,380
ISHARES TR	MSCI EAFE ETF	464287465	3,225	55,865	SH		SOLE		0	0	55,865
ISHARES TR	CHINA ETF	46429B671	11,905	272,239	SH		SOLE		0	0	272,239
ISHARES TR	CALIF MUN BD ETF	464288356	2,780	24,072	SH		SOLE		0	0	24,072
ISHARES TR	COHEN&STEER REIT	464287564	1,572	15,780	SH		SOLE		0	0	15,780
ISHARES TR	MSCI ACWI ETF	464288257	2,736	46,234	SH		SOLE		0	0	46,234
ISHARES TR	TRANS AVG ETF	464287192	2,787	17,116	SH		SOLE		0	0	17,116
ISHARES TR	S&P 500 VAL ETF	464287408	585	5,775	SH		SOLE		0	0	5,775
ISHARES TR	S&P 100 ETF	464287101	67,648	681,247	SH		SOLE		0	0	681,247
ISHARES TR	US REGNL BKS ETF	464288778	1,250	27,548	SH		SOLE		0	0	27,548
JOHNSON & JOHNSON	COM	478160104	76,194	661,346	SH		SOLE		0	0	661,346
JPMORGAN CHASE & CO	COM	46625H100	5,110	59,218	SH		SOLE		0	0	59,218
KBR INC	COM	48242W106	584	35,000	SH		SOLE		0	0	35,000
KIMBERLY CLARK CORP	COM	494368103	750	6,570	SH		SOLE		0	0	6,570
KOHLS CORP	COM	500255104	2,870	58,111	SH		SOLE		0	0	58,111
KRAFT HEINZ CO	COM	500754106	1,785	20,447	SH		SOLE		0	0	20,447
L BRANDS INC	COM	501797104	11,259	171,005	SH		SOLE		0	0	171,005
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	208	1,620	SH		SOLE		0	0	1,620
LAM RESEARCH CORP	COM	512807108	3,353	31,715	SH		SOLE		0	0	31,715
LAMB WESTON HLDGS INC	COM	513272104	341	9,000	SH		SOLE		0	0	9,000
LAUDER ESTEE COS INC	CL A	518439104	1,169	15,287	SH		SOLE		0	0	15,287
LEIDOS HLDGS INC	COM	525327102	1,243	24,300	SH		SOLE		0	0	24,300
LILLY ELI & CO	COM	532457108	11,186	152,083	SH		SOLE		0	0	152,083
LIMELIGHT NETWORKS INC	COM	53261M104	4,914	1,950,000	SH		SOLE		0	0	1,950,000
LOCKHEED MARTIN CORP	COM	539830109	225	900	SH		SOLE		0	0	900
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	63,082	735,394	SH		SOLE		0	0	735,394
MARRIOTT INTL INC NEW	CL A	571903202	4,106	49,664	SH		SOLE		0	0	49,664
MASTERCARD INCORPORATED	CL A	57636Q104	2,941	28,480	SH		SOLE		0	0	28,480
MATTEL INC	COM	577081102	331	12,000	SH		SOLE		0	0	12,000
MCDONALDS CORP	COM	580135101	75,167	617,544	SH		SOLE		0	0	617,544
MCKESSON CORP	COM	58155Q103	2,773	19,745	SH		SOLE		0	0	19,745
MEAD JOHNSON NUTRITION CO	COM	582839106	4,808	67,951	SH		SOLE		0	0	67,951
MEAD JOHNSON NUTRITION CO	COM	582839106	354	5,000	SH	Put	SOLE		0	0	5,000
MERCK & CO INC	COM	58933Y105	25,820	438,596	SH		SOLE		0	0	438,596
MICHAEL KORS HLDGS LTD	SHS	G60754101	392	9,120	SH		SOLE		0	0	9,120
MICRON TECHNOLOGY INC	COM	595112103	8,365	381,605	SH		SOLE		0	0	381,605
MICROSOFT CORP	COM	594918104	17,921	288,391	SH		SOLE		0	0	288,391
MOLSON COORS BREWING CO	CL B	60871R209	1,198	12,310	SH		SOLE		0	0	12,310
MONDELEZ INTL INC	CL A	609207105	441	9,942	SH		SOLE		0	0	9,942
MONSTER BEVERAGE CORP NEW	COM	61174X109	1,242	28,000	SH		SOLE		0	0	28,000
MOODYS CORP	COM	615369105	3,323	35,250	SH		SOLE		0	0	35,250
MORGAN STANLEY	COM NEW	617446448	1,567	37,100	SH		SOLE		0	0	37,100
NATUS MEDICAL INC DEL	COM	639050103	567	16,300	SH		SOLE		0	0	16,300
NETEASE INC	SPONSORED ADR	64110W102	280	1,300	SH		SOLE		0	0	1,300
NEWELL BRANDS INC	COM	651229106	5,635	126,212	SH		SOLE		0	0	126,212
NEWMONT MINING CORP	COM	651639106	3,400	99,788	SH		SOLE		0	0	99,788
NEWMONT MINING CORP	COM	651639106	3,645	107,000	SH	Put	SOLE		0	0	107,000
NIKE INC	CL B	654106103	118,632	2,333,894	SH		SOLE		0	0	2,333,894
NIKE INC	CL B	654106103	686	13,500	SH	Call	SOLE		0	0	13,500
NOBLE ENERGY INC	COM	655044105	1,218	32,000	SH		SOLE		0	0	32,000
NUVEEN NEW JERSEY MUN VALUE	COM	670702109	331	20,000	SH		SOLE		0	0	20,000
NVR INC	COM	62944T105	1,068	640	SH		SOLE		0	0	640
OCCIDENTAL PETE CORP DEL	COM	674599105	21,420	300,719	SH		SOLE		0	0	300,719
ORACLE CORP	COM	68389X105	1,425	37,071	SH		SOLE		0	0	37,071
PAYPAL HLDGS INC	COM	70450Y103	1,658	42,019	SH		SOLE		0	0	42,019
PEPSICO INC	COM	713448108	132,848	1,269,693	SH		SOLE		0	0	1,269,693
PEPSICO INC	COM	713448108	1,140	10,900	SH	Put	SOLE		0	0	10,900
PFIZER INC	COM	717081103	2,065	63,583	SH		SOLE		0	0	63,583
PG&E CORP	COM	69331C108	486	7,997	SH		SOLE		0	0	7,997
PHILIP MORRIS INTL INC	COM	718172109	5,293	57,848	SH		SOLE		0	0	57,848
PHILLIPS 66	COM	718546104	2,506	29,000	SH		SOLE		0	0	29,000
PIMCO ETF TR	INV GRD CRP BD	72201R817	262	2,560	SH		SOLE		0	0	2,560
PNC FINL SVCS GROUP INC	COM	693475105	906	7,743	SH		SOLE		0	0	7,743
POWERSHARES ETF TR II	INSUR NATL MUN	73936T474	324	13,000	SH		SOLE		0	0	13,000
POWERSHARES ETF TR II	CALI MUNI ETF	73936T441	2,615	103,225	SH		SOLE		0	0	103,225
POWERSHARES ETF TR II	PWRS INT BUYBK	73937B621	1,478	52,250	SH		SOLE		0	0	52,250
POWERSHARES ETF TRUST	DYNA BUYBK ACH	73935X286	13,580	269,292	SH		SOLE		0	0	269,292
POWERSHARES ETF TRUST	NASD INTNT ETF	73935X146	554	6,707	SH		SOLE		0	0	6,707
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	46,927	396,075	SH		SOLE		0	0	396,075
POWERSHS DB MULTI SECT COMM	PS DB AGRICUL FD	73936B408	950	47,575	SH		SOLE		0	0	47,575
PRAXAIR INC	COM	74005P104	2,242	19,135	SH		SOLE		0	0	19,135
PRICE T ROWE GROUP INC	COM	74144T108	3,497	46,460	SH		SOLE		0	0	46,460
PRICELINE GRP INC	COM NEW	741503403	9,595	6,545	SH		SOLE		0	0	6,545
PROCTER AND GAMBLE CO	COM	742718109	98,986	1,177,287	SH		SOLE		0	0	1,177,287
PROSHARES TR	PSHS ULT NASB	74347R214	239	6,000	SH		SOLE		0	0	6,000
PROSHARES TR	ULTRAPRO SHT FIN	74348A517	569	70,000	SH		SOLE		0	0	70,000
QUALCOMM INC	COM	747525103	4,251	65,205	SH		SOLE		0	0	65,205
QUANTA SVCS INC	COM	74762E102	418	12,000	SH		SOLE		0	0	12,000
RALPH LAUREN CORP	CL A	751212101	690	7,641	SH		SOLE		0	0	7,641
RANDGOLD RES LTD	ADR	752344309	3,309	43,350	SH		SOLE		0	0	43,350
REYNOLDS AMERICAN INC	COM	761713106	464	8,272	SH		SOLE		0	0	8,272
ROCKWELL AUTOMATION INC	COM	773903109	1,667	12,400	SH		SOLE		0	0	12,400
ROLLINS INC	COM	775711104	1,351	40,000	SH		SOLE		0	0	40,000
SCHLUMBERGER LTD	COM	806857108	13,279	158,182	SH		SOLE		0	0	158,182
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	3,419	47,908	SH		SOLE		0	0	47,908
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	376	9,862	SH		SOLE		0	0	9,862
SEALED AIR CORP NEW	COM	81211K100	8,371	184,635	SH		SOLE		0	0	184,635
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	223	4,600	SH		SOLE		0	0	4,600
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	83,450	3,589,257	SH		SOLE		0	0	3,589,257
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	103,792	1,378,020	SH		SOLE		0	0	1,378,020
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	60,369	1,248,318	SH		SOLE		0	0	1,248,318
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	311	5,000	SH		SOLE		0	0	5,000
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	1,792	34,660	SH		SOLE		0	0	34,660
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	2,934	42,553	SH		SOLE		0	0	42,553
SIMON PPTY GROUP INC NEW	COM	828806109	497	2,800	SH		SOLE		0	0	2,800
SOLITARIO EXPL & RTY CORP	COM	8342EP107	64	100,000	SH		SOLE		0	0	100,000
SOUTHERN CO	COM	842587107	2,080	42,292	SH		SOLE		0	0	42,292
SPDR DOW JONES INDL AVRG ETF	UT SER 1	78467X109	2,331	11,800	SH		SOLE		0	0	11,800
SPDR GOLD TRUST	GOLD SHS	78463V107	15,230	138,945	SH		SOLE		0	0	138,945
SPDR INDEX SHS FDS	EURO STOXX 50	78463X202	7,492	223,895	SH		SOLE		0	0	223,895
SPDR S&P 500 ETF TR	TR UNIT	78462F103	78,743	352,269	SH		SOLE		0	0	352,269
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	398	1,320	SH		SOLE		0	0	1,320
SPDR SER TR	NUVEEN BRC MUNIC	78468R721	297	6,250	SH		SOLE		0	0	6,250
SPDR SER TR	BLOOMBERG SRT TR	78468R408	19,425	701,762	SH		SOLE		0	0	701,762
SPDR SERIES TRUST	S&P RETAIL ETF	78464A714	4,778	108,410	SH		SOLE		0	0	108,410
SPDR SERIES TRUST	BLMBRG BRC CNVRT	78464A359	18,841	412,725	SH		SOLE		0	0	412,725
SPDR SERIES TRUST	S&P BIOTECH	78464A870	11,892	200,920	SH		SOLE		0	0	200,920
SPDR SERIES TRUST	S&P OILGAS EXP	78464A730	1,036	25,000	SH		SOLE		0	0	25,000
SPDR SERIES TRUST	S&P HOMEBUILD	78464A888	1,016	30,000	SH		SOLE		0	0	30,000
SPDR SERIES TRUST	BLOOMBERG BRCLYS	78464A417	321	8,800	SH		SOLE		0	0	8,800
SPDR SERIES TRUST	S&P BK ETF	78464A797	522	12,000	SH		SOLE		0	0	12,000
SPDR SERIES TRUST	S&P BIOTECH	78464A870	2,072	35,000	SH	Put	SOLE		0	0	35,000
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	4,254	72,911	SH		SOLE		0	0	72,911
STARBUCKS CORP	COM	855244109	46,304	834,008	SH		SOLE		0	0	834,008
STARBUCKS CORP	COM	855244109	38,159	687,300	SH	Put	SOLE		0	0	687,300
STATE STR CORP	COM	857477103	3,502	45,055	SH		SOLE		0	0	45,055
STERICYCLE INC	COM	858912108	6,347	82,380	SH		SOLE		0	0	82,380
TESLA MTRS INC	COM	88160R101	973	4,551	SH		SOLE		0	0	4,551
TEXAS INSTRS INC	COM	882508104	3,640	49,877	SH		SOLE		0	0	49,877
THERMO FISHER SCIENTIFIC INC	COM	883556102	70,339	498,504	SH		SOLE		0	0	498,504
TIME WARNER INC	COM NEW	887317303	695	7,200	SH		SOLE		0	0	7,200
TJX COS INC NEW	COM	872540109	26,133	347,840	SH		SOLE		0	0	347,840
TOLL BROTHERS INC	COM	889478103	1,885	60,800	SH		SOLE		0	0	60,800
TORONTO DOMINION BK ONT	COM NEW	891160509	8,141	164,877	SH		SOLE		0	0	164,877
TRANSDIGM GROUP INC	COM	893641100	2,939	11,806	SH		SOLE		0	0	11,806
TRAVELERS COMPANIES INC	COM	89417E109	367	3,000	SH		SOLE		0	0	3,000
TRIPADVISOR INC	COM	896945201	441	9,500	SH		SOLE		0	0	9,500
TWITTER INC	COM	90184L102	244	14,947	SH		SOLE		0	0	14,947
U S SILICA HLDGS INC	COM	90346E103	742	13,096	SH		SOLE		0	0	13,096
UNION PAC CORP	COM	907818108	1,059	10,210	SH		SOLE		0	0	10,210
UNITED TECHNOLOGIES CORP	COM	913017109	67,521	615,955	SH		SOLE		0	0	615,955
UNITEDHEALTH GROUP INC	COM	91324P102	3,706	23,157	SH		SOLE		0	0	23,157
US BANCORP DEL	COM NEW	902973304	26,602	517,849	SH		SOLE		0	0	517,849
VANECK VECTORS ETF TR	GOLD MINERS ETF	92189F106	1,192	56,971	SH		SOLE		0	0	56,971
VANECK VECTORS ETF TR	MORNINGSTAR WIDE	92189F643	870	24,980	SH		SOLE		0	0	24,980
VANECK VECTORS ETF TR	BIOTECH ETF	92189F726	1,856	17,250	SH		SOLE		0	0	17,250
VANECK VECTORS ETF TR	JR GOLD MINERS E	92189F791	455	14,430	SH		SOLE		0	0	14,430
VANECK VECTORS ETF TR	INTL HIGH YIELD	92189F445	214	9,000	SH		SOLE		0	0	9,000
VANECK VECTORS ETF TR	OIL SVCS ETF	92189F718	392	11,750	SH		SOLE		0	0	11,750
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	1,119	5,450	SH		SOLE		0	0	5,450
VANGUARD INTL EQUITY INDEX F	FTSE EUROPE ETF	922042874	5,295	110,457	SH		SOLE		0	0	110,457
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	2,336	65,300	SH		SOLE		0	0	65,300
VANGUARD SCOTTSDALE FDS	VNG RUS2000IDX	92206C664	686	6,350	SH		SOLE		0	0	6,350
VANGUARD WORLD FD	MEGA GRWTH IND	921910816	958	11,000	SH		SOLE		0	0	11,000
VANGUARD WORLD FDS	INF TECH ETF	92204A702	5,323	43,810	SH		SOLE		0	0	43,810
VCA INC	COM	918194101	2,907	42,350	SH		SOLE		0	0	42,350
VERISIGN INC	COM	92343E102	3,056	40,169	SH		SOLE		0	0	40,169
VERIZON COMMUNICATIONS INC	COM	92343V104	899	16,839	SH		SOLE		0	0	16,839
VISA INC	COM CL A	92826C839	26,449	339,003	SH		SOLE		0	0	339,003
VMWARE INC	CL A COM	928563402	2,535	32,200	SH		SOLE		0	0	32,200
WABCO HLDGS INC	COM	92927K102	18,758	176,714	SH		SOLE		0	0	176,714
WAL-MART STORES INC	COM	931142103	226	3,274	SH		SOLE		0	0	3,274
WALGREENS BOOTS ALLIANCE INC	COM	931427108	894	10,800	SH		SOLE		0	0	10,800
WATERS CORP	COM	941848103	2,797	20,816	SH		SOLE		0	0	20,816
WELLS FARGO & CO NEW	COM	949746101	51,757	939,150	SH		SOLE		0	0	939,150
WELLTOWER INC	COM	95040Q104	1,226	18,325	SH		SOLE		0	0	18,325
WESTERN DIGITAL CORP	COM	958102105	6,279	92,406	SH		SOLE		0	0	92,406
WHITEWAVE FOODS CO	COM	966244105	402	7,225	SH		SOLE		0	0	7,225
WISDOMTREE TR	EUROPE HEDGED EQ	97717X701	1,589	27,676	SH		SOLE		0	0	27,676
WISDOMTREE TR	JAPN HEDGE EQT	97717W851	26,606	537,055	SH		SOLE		0	0	537,055
WYNDHAM WORLDWIDE CORP	COM	98310W108	3,369	44,113	SH		SOLE		0	0	44,113
WYNN RESORTS LTD	COM	983134107	2,500	28,895	SH		SOLE		0	0	28,895
YAHOO INC	NOTE 12/0	984332AF3	248	250,000	SH		SOLE		0	0	250,000
YANDEX NV	NOTE 1.125%12/1	98474TAB3	238	250,000	SH		SOLE		0	0	250,000