Friedenthal Financial 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
ALPS ETF TR	Alerian MLP - ETF	00162Q866	807	51,866	SH		SOLE	N/A	0	0	51,866
CLAYMORE EXCHANGE TRD FD TR	Guggenheim IG Corporate Bond 2018 - ETF	18383M530	548	25,765	SH		SOLE	N/A	0	0	25,765
DBX ETF TR	Deutsch MSCI EAFE USD Hedged - ETF	233051200	6,230	217,670	SH		SOLE	N/A	0	0	217,670
ISHARES	iShares Barclays 3-7 Year Treasury - ETF	464288661	634	5,157	SH		SOLE	N/A	0	0	5,157
ISHARES	iShares Barclays Aggregate Bond Fund - ETF	464287226	1,126	10,353	SH		SOLE	N/A	0	0	10,353
ISHARES	IShares Barclays TIPS - ETF	464287176	300	2,678	SH		SOLE	N/A	0	0	2,678
ISHARES	IShares Core S&P - ETF	464287200	1,016	4,902	SH		SOLE	N/A	0	0	4,902
ISHARES	iShares IBoxx Investment Grade Corporate - ETF	464287242	471	4,067	SH		SOLE	N/A	0	0	4,067
ISHARES	IShares JPMorgan USD Emerging Markets - ETF	464288281	308	2,805	SH		SOLE	N/A	0	0	2,805
ISHARES	iShares MSCI ACWI - ETF	464288257	262	4,405	SH		SOLE	N/A	0	0	4,405
ISHARES	iShares MSCI EAFE - ETF	464287465	319	5,027	SH		SOLE	N/A	0	0	5,027
ISHARES	iShares Nasdaq Biotechnology - ETF	464287556	7,224	19,578	SH		SOLE	N/A	0	0	19,578
ISHARES	iShares Russell 2000 - ETF	464287655	855	6,845	SH		SOLE	N/A	0	0	6,845
ISHARES	iShares S&P Midcap - ETF	464287507	6,465	43,105	SH		SOLE	N/A	0	0	43,105
ISHARES	iShares S&P US Preferred Stock - ETF	464288687	15,957	407,382	SH		SOLE	N/A	0	0	407,382
POWERSHARES ETF	Powershares Preferreds - ETF	73936T565	1,926	132,525	SH		SOLE	N/A	0	0	132,525
POWERSHARES ETF	Powershares QQQ - ETF	73935A104	6,722	62,784	SH		SOLE	N/A	0	0	62,784
POWERSHARES ETF	Powershares S&P 500 Low Volatility - ETF	73937B779	405	11,052	SH		SOLE	N/A	0	0	11,052
POWERSHARES ETF	Powershares Senior Loan- ETF	73936Q769	307	12,902	SH		SOLE	N/A	0	0	12,902
RYDEX ETF TR	Guggenheim S&P 500 Equal Weight - ETF	78355W817	813	9,012	SH		SOLE	N/A	0	0	9,012
RYDEX ETF TR	Guggenheim S&P Eq. Wt Cons. Staples - ETF	78355W874	817	7,725	SH		SOLE	N/A	0	0	7,725
RYDEX ETF TR	Guggenheim S&P Eq. Wt. Health Care - ETF	78355W841	853	5,350	SH		SOLE	N/A	0	0	5,350
SCHWAB STRATEGIC TR	Schwab Emerging Markets - ETF	808524706	320	13,032	SH		SOLE	N/A	0	0	13,032
SCHWAB STRATEGIC TR	Schwab Intermediate-Term Treasury Fund - ETF	808524854	863	16,097	SH		SOLE	N/A	0	0	16,097
SCHWAB STRATEGIC TR	Schwab International Equity - ETF	808524805	348	11,431	SH		SOLE	N/A	0	0	11,431
SCHWAB STRATEGIC TR	Schwab REIT Fund - ETF	808524847	305	8,389	SH		SOLE	N/A	0	0	8,389
SCHWAB STRATEGIC TR	Schwab US Aggregate Bond Fund - ETF	808524839	1,525	29,475	SH		SOLE	N/A	0	0	29,475
SCHWAB STRATEGIC TR	Schwab US Broad Market - ETF	808524102	2,039	40,594	SH		SOLE	N/A	0	0	40,594
SCHWAB STRATEGIC TR	Schwab US Small Cap - ETF	808524607	1,632	28,386	SH		SOLE	N/A	0	0	28,386
SELECT SECTOR SPDR TR	Sector SPDR Consumer Discretionary - ETF	81369Y407	6,940	90,741	SH		SOLE	N/A	0	0	90,741
SELECT SECTOR SPDR TR	Sector SPDR Consumer Staples - ETF	81369Y308	7,018	147,443	SH		SOLE	N/A	0	0	147,443
SELECT SECTOR SPDR TR	Sector SPDR Health Fund - ETF	81369Y209	7,454	100,200	SH		SOLE	N/A	0	0	100,200
SELECT SECTOR SPDR TR	Sector SPDR Technology - ETF	81369Y803	334	7,995	SH		SOLE	N/A	0	0	7,995
SELECT SECTOR SPDR TR	Sector SPDR Utility Select - ETF	81369Y886	891	21,480	SH		SOLE	N/A	0	0	21,480
SPDR SERIES TR	SPDR Barclays Capital High Yield Bond - ETF	78464A417	352	9,157	SH		SOLE	N/A	0	0	9,157
SPDR SERIES TR	SPDR Barclays Municipal Bond - ETF	78464A458	574	24,217	SH		SOLE	N/A	0	0	24,217
SPDR SERIES TR	SPDR Barclays Short-Term Municipal Bond - ETF	78464A425	351	14,440	SH		SOLE	N/A	0	0	14,440
SPDR SERIES TR	SPDR S&P High Yield Municipal Bond - ETF	78464A284	451	8,128	SH		SOLE	N/A	0	0	8,128
SPDR SERIES TR	SPDR S&P Homebuilders - ETF	78464A888	325	8,871	SH		SOLE	N/A	0	0	8,871
SPDR SERIES TR	SPDR S&P Retail - ETF	78464A714	6,740	68,319	SH		SOLE	N/A	0	0	68,319
VANGUARD BD INDEX FD	Vanguard Bond Index Fund - ETF	921937835	214	2,649	SH		SOLE	N/A	0	0	2,649
VANGUARD BD INDEX FD	Vanguard Short-Term Bond Fund - ETF	921937827	14,526	181,145	SH		SOLE	N/A	0	0	181,145
VANGUARD INDEX FDS	Vanguard REIT - ETF	922908553	385	5,154	SH		SOLE	N/A	0	0	5,154
VANGUARD INTL EQUITY INDEX	Vanguard Emerging Market - ETF	922042858	423	10,344	SH		SOLE	N/A	0	0	10,344
WISDOM TREE	WisdomTree Japan USD Hedged Equity - ETF	97717W851	6,910	120,804	SH		SOLE	N/A	0	0	120,804