Astor Investment Management 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

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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
Consumer Discretionary Select	COM	81369Y407	6,400	63,182	SH		DFND		41,983	0	21,199
Energy Select Sector SPDR Fund	COM	81369Y506	1,796	26,645	SH		DFND		17,747	0	8,898
Financial Select Sector SPDR F	COM	81369Y605	15,210	551,677	SH		DFND		361,536	0	190,141
First Trust Consumer Discretio	COM	33734X101	5,048	123,039	SH		DFND		81,683	0	41,356
First Trust Industrials/Produc	COM	33734X150	7,072	178,620	SH		DFND		118,977	0	59,643
First Trust Large Cap Core Alp	COM	33734k109	6,579	112,618	SH		DFND		53,688	0	58,930
First Trust Materials AlphaDEX	COM	33734X168	1,885	44,698	SH		DFND		29,814	0	14,884
First Trust Technology AlphaDE	COM	33734X176	17,856	324,532	SH		DFND		214,681	0	109,851
GUGGENHEIM S&P 500 EQL WEIGHT	COM	78355w106	36,796	369,882	SH		DFND		177,338	0	192,544
Guggenheim Enhanced Short Dura	COM	18383M654	594	11,816	SH		DFND		9,946	0	1,870
Guggenheim S&P 500 Pure Growth	COM	78355W403	681	6,204	SH		DFND		6,204	0	0
ISHARES CORE MSCI EMERGING	COM	46434G103	17,969	307,682	SH		DFND		145,484	0	162,198
JPMorgan Diversified Return In	COM	46641Q209	25,886	435,570	SH		DFND		211,520	0	224,050
O'Shares FTSE US Quality Divid	COM	351680855	19,054	624,501	SH		DFND		302,093	0	322,408
PIMCO 0-5 Year High Yield Corp	COM	72201R783	597	5,993	SH		DFND		5,033	0	960
PowerShares DB Agriculture Fun	COM	73936B408	12,207	648,945	SH		DFND		290,135	0	358,810
PowerShares DB Base Metals Fun	COM	73936B705	11,862	651,752	SH		DFND		288,116	0	363,636
PowerShares DB Energy Fund	COM	73936B101	8,750	573,002	SH		DFND		253,105	0	319,897
PowerShares DB Optimum Yield D	COM	73937V106	3,295	185,424	SH		DFND		149,329	0	36,095
PowerShares S&P 500 High Divid	COM	73937b654	389	9,862	SH		DFND		8,298	0	1,564
PowerShares Senior Loan Portfo	COM	73936Q769	516	22,325	SH		DFND		18,749	0	3,576
Powershares QQQ Trust Series 1	COM	73935A104	31,692	197,916	SH		DFND		99,663	0	98,253
Real Estate Select Sector SPDR	COM	81369Y860	3,605	115,999	SH		DFND		78,139	0	37,860
SPDR Blackstone / GSO Senior L	COM	78467V608	279	5,878	SH		DFND		4,940	0	938
SPDR Cons Staples Slct	COM	81369Y308	4,963	94,302	SH		DFND		63,583	0	30,719
SPDR Gold Trust	COM	78463V107	217	1,726	SH		DFND		1,699	0	27
SPDR Health Care Select Sector	COM	81369Y209	13,905	170,823	SH		DFND		114,141	0	56,682
SPDR Portfolio S&P Emerging Ma	COM	78463X509	17,591	447,596	SH		DFND		210,995	0	236,601
SPDR S&P MidCap 400 ETF Trust	COM	78467y107	47,794	139,860	SH		DFND		74,723	0	65,137
SPDR S&P500 ETF Trust	COM	78462F103	13,047	49,580	SH		DFND		33,797	0	15,783
SPDR Select Technology	COM	81369Y803	34,790	531,792	SH		DFND		253,549	0	278,243
Utilities Select Sector SPDR F	COM	81369Y886	2,545	50,361	SH		DFND		34,657	0	15,704
VanEck Vectors Fallen Angel Hi	COM	92189F437	314	10,789	SH		DFND		9,073	0	1,716
WisdomTree Europe Hedged Eq Fd	COM	97717X701	13,390	213,485	SH		DFND		102,167	0	111,318
iShares 10 Year Credit Bond E	COM	464289511	331	5,484	SH		DFND		5,473	0	11
iShares Core S&P Small-Cap ETF	COM	464287804	30,632	397,760	SH		DFND		188,795	0	208,965
iShares Core S&P Total US Stoc	COM	464287150	62,996	1,041,943	SH		DFND		497,546	0	544,397
iShares Edge MSCI Min Vol USA	COM	46429b697	57,220	1,101,862	SH		DFND		530,592	0	571,270
iShares Floating Rate Bond ETF	COM	46429B655	4,017	78,864	SH		DFND		53,527	0	25,337
iShares Intermediate Credit Bo	COM	464288638	562	5,237	SH		DFND		4,367	0	870
iShares Russell 2000 ETF	COM	464287655	13,216	87,042	SH		DFND		59,304	0	27,738
iShares Short Maturity Bond ET	COM	46431W507	357	7,113	SH		DFND		5,983	0	1,130