CKW Financial 13FHR Quarterly holdings report by institutional manager | SEC 13 Feb 15

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
AON PLC COM USD0.01 CL A	SHS CL A	G0408V102	12	126	SH		SOLE		0	0	126
COVIDIEN PLC	SHS	G2554F113	19	182	SH		SOLE		0	0	182
EATON CORP PLC COM	SHS	G29183103	20	294	SH		SOLE		0	0	294
WEATHERFORD INTL PLC	ORD SHS	G48833100	23	2,000	SH		SOLE		0	0	2,000
LIBERTY GLOBAL PLC	SHS CL C	G5480U120	31	640	SH		SOLE		0	0	640
SEAGATE TECHNOLOGY	SHS	G7945M107	12	175	SH		SOLE		0	0	175
SIGNET JEWELERS LTD	SHS	G81276100	11	83	SH		SOLE		0	0	83
TYCO INTERNATIONAL PLC EUR1.00 ISIN #IE00BQRQXQ92	SHS	G91442106	59	1,354	SH		SOLE		0	0	1,354
VALIDUS HOLDING LTD	COM SHS	G9319H102	10	236	SH		SOLE		0	0	236
PERRIGO COMPANY PLC COM EUR0.001	SHS	G97822103	39	233	SH		SOLE		0	0	233
ACE LIMITED ORD	SHS	H0023R105	62	538	SH		SOLE		0	0	538
TE CONNECTIVITY LTD	REG SHS	H84989104	83	1,317	SH		SOLE		0	0	1,317
UBS AG CHF0.10	SHS NEW	H89231338	17	1,009	SH		SOLE		0	0	1,009
CELLCOM ISRAEL LTD	SHS	M2196U109	9	1,000	SH		SOLE		0	0	1,000
ASML HOLDING NV	N Y REGISTRY SHS	N07059210	12	112	SH		SOLE		0	0	112
LYONDELLBASELL	SHS A	N53745100	25	313	SH		SOLE		0	0	313
NXP SEMICONDUCTORS N	COM	N6596X109	17	220	SH		SOLE		0	0	220
ADT CORP COM	COM	00101J106	34	937	SH		SOLE		0	0	937
AFLAC INC	COM	001055102	37	605	SH		SOLE		0	0	605
AGCO CORP	COM	001084102	2	47	SH		SOLE		0	0	47
AES CORP	COM	00130H105	24	1,719	SH		SOLE		0	0	1,719
AOL INC COM USD0.01	COM	00184X105	27	590	SH		SOLE		0	0	590
AT&T INC	COM	00206R102	92	2,730	SH		SOLE		0	0	2,730
ABBOTT LABORATORIES	COM	002824100	57	1,271	SH		SOLE		0	0	1,271
ABBVIE INC COM	COM	00287Y109	67	1,028	SH		SOLE		0	0	1,028
ABERCROMBIE & FITCH	CL A	002896207	3	100	SH		SOLE		0	0	100
ACTIVISION BLIZZARD	COM	00507V109	18	870	SH		SOLE		0	0	870
ADOBE SYS INC	COM	00724F101	15	200	SH		SOLE		0	0	200
AEROPOSTALE	COM	007865108	1	225	SH		SOLE		0	0	225
AEGON NV AMER REGD	NY REGISTRY SH	007924103	36	4,800	SH		SOLE		0	0	4,800
AIR PRODUCTS & CHEM	COM	009158106	38	260	SH		SOLE		0	0	260
AKAMAI TECH	COM	00971T101	49	775	SH		SOLE		0	0	775
ALCATEL-LUCENT SPON	SPONSORED ADR	013904305	0	39	SH		SOLE		0	0	39
ALEXANDER & BALDWIN	COM	014491104	20	503	SH		SOLE		0	0	503
ALLIANZGI CONV &	COM	018828103	15	1,575	SH		SOLE		0	0	1,575
ALLSTATE CORP	COM	020002101	69	975	SH		SOLE		0	0	975
ALTRIA GROUP INC	COM	02209S103	61	1,237	SH		SOLE		0	0	1,237
AMAZON.COM INC	COM	023135106	58	187	SH		SOLE		0	0	187
AMBEV SA ADR EACH	SPONSORED ADR	02319V103	8	1,352	SH		SOLE		0	0	1,352
AMERICAN AXLE & MFG	COM	024061103	23	1,000	SH		SOLE		0	0	1,000
AMERICAN CAMPUS	COM	024835100	15	358	SH		SOLE		0	0	358
AMERICAN EXPRESS CO	COM	025816109	36	391	SH		SOLE		0	0	391
AMERICAN HOMES 4	CL A	02665T306	11	634	SH		SOLE		0	0	634
AMETEK INC NEW	COM	031100100	30	563	SH		SOLE		0	0	563
AMGEN INC	COM	031162100	16	100	SH		SOLE		0	0	100
ANALOGIC CORPORATION	COM PAR $0.05	032657207	16	194	SH		SOLE		0	0	194
ANHEUSER-BUSCH INBEV	SPONSORED ADR	03524A108	49	437	SH		SOLE		0	0	437
APACHE CORP	COM	037411105	69	1,100	SH		SOLE		0	0	1,100
APOLLO EDUCATION	CL A	037604105	15	433	SH		SOLE		0	0	433
APPLE INC	COM	037833100	234	2,120	SH		SOLE		0	0	2,120
APPLIED MATERIALS	COM	038222105	36	1,431	SH		SOLE		0	0	1,431
ARM HOLDINGS PLC ADSREP 3 ORD GBP0.05	SPONSORED ADR	042068106	20	429	SH		SOLE		0	0	429
AUTOMATIC DATA	COM	053015103	31	366	SH		SOLE		0	0	366
AVERY DENNISON CORP	COM	053611109	15	288	SH		SOLE		0	0	288
AVON PRODUCTS INC	COM	054303102	2	210	SH		SOLE		0	0	210
AXION PWR INTL INC COM NEW ISIN #US05460X2080	COM NEW	05460X208	1	900	SH		SOLE		0	0	900
BB & T CORP	COM	054937107	66	1,696	SH		SOLE		0	0	1,696
BP PLC ADR (CNV INTO	SPONSORED ADR	055622104	22	581	SH		SOLE		0	0	581
BT GROUP ADR EACH	ADR	05577E101	3	51	SH		SOLE		0	0	51
BAIDU INC SPONS ADS	SPON ADR REP A	056752108	11	46	SH		SOLE		0	0	46
BAKER HUGHES INC	COM	057224107	62	1,100	SH		SOLE		0	0	1,100
BANK OF AMERICA	COM	060505104	437	24,403	SH		SOLE		0	0	24,403
BANK HAWAII CORP	COM	062540109	475	8,011	SH		SOLE		0	0	8,011
BANK OF MONTREAL COMNPV ISIN #CA0636711016	COM	063671101	31	442	SH		SOLE		0	0	442
BANK NEW YORK	COM	064058100	130	3,200	SH		SOLE		0	0	3,200
BARRICK GOLD CORP	COM	067901108	2	202	SH		SOLE		0	0	202
BERKSHIRE HATHAWAY	CL B NEW	084670702	84	561	SH		SOLE		0	0	561
BEST BUY INC	COM	086516101	2	60	SH		SOLE		0	0	60
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	13	140	SH		SOLE		0	0	140
BLACKROCK INC	COM	09247X101	43	120	SH		SOLE		0	0	120
BLACKROCK DEBT	COM	09255R103	18	4,828	SH		SOLE		0	0	4,828
BOEING CO	COM	097023105	26	200	SH		SOLE		0	0	200
BORGWARNER INC	COM	099724106	32	588	SH		SOLE		0	0	588
BRISTOL MYERS SQUIBB	COM	110122108	53	893	SH		SOLE		0	0	893
BRITISH AMERICAN	SPONSORED ADR	110448107	19	176	SH		SOLE		0	0	176
BROCADE	COM NEW	111621306	22	1,831	SH		SOLE		0	0	1,831
CIGNA CORP	COM	125509109	52	500	SH		SOLE		0	0	500
CVS HEALTH CORP	COM	126650100	53	547	SH		SOLE		0	0	547
CADENCE DESIGN	COM	127387108	19	1,000	SH		SOLE		0	0	1,000
CANADIAN PACIFIC	COM	13645T100	36	187	SH		SOLE		0	0	187
CAPITAL ONE	COM	14040H105	256	3,102	SH		SOLE		0	0	3,102
CARMAX INC	COM	143130102	27	412	SH		SOLE		0	0	412
CATAMARAN CORP COM	COM	148887102	34	651	SH		SOLE		0	0	651
CATERPILLAR INC	COM	149123101	22	241	SH		SOLE		0	0	241
CELANESE CORP DEL	COM SER A	150870103	42	700	SH		SOLE		0	0	700
CELGENE CORP	COM	151020104	42	376	SH		SOLE		0	0	376
CENTRAL PAC FINL	COM NEW	154760409	79	3,676	SH		SOLE		0	0	3,676
CHEVRON CORP NEW	COM	166764100	184	1,636	SH		SOLE		0	0	1,636
CHIMERA INVT CORP	COM	16934Q109	15	4,775	SH		SOLE		0	0	4,775
CISCO SYS INC	COM	17275R102	120	4,308	SH		SOLE		0	0	4,308
CITIGROUP INC	COM NEW	172967424	174	3,212	SH		SOLE		0	0	3,212
COACH INC	COM	189754104	29	768	SH		SOLE		0	0	768
COCA COLA CO	COM	191216100	180	4,266	SH		SOLE		0	0	4,266
COGNIZANT TECH	CL A	192446102	37	702	SH		SOLE		0	0	702
COLGATE-PALMOLIVE CO	COM	194162103	48	691	SH		SOLE		0	0	691
COMCAST CORP NEW	CL A	20030N101	203	3,501	SH		SOLE		0	0	3,501
CONOCOPHILLIPS	COM	20825C104	91	1,310	SH		SOLE		0	0	1,310
CORNING INC	COM	219350105	60	2,600	SH		SOLE		0	0	2,600
COSTCO WHOLESALE	COM	22160K105	136	962	SH		SOLE		0	0	962
COSTAR GRP INC	COM	22160N109	19	101	SH		SOLE		0	0	101
CROWN HLDGS INC	COM	228368106	19	369	SH		SOLE		0	0	369
DEUTSCHE X-TRACKERS MSCI EMERGING MARKETHEDGED EQUITY ETF	XTRAK MSCI EMKT	233051101	6,334	295,440	SH		SOLE		0	0	295,440
DEUTSCHE X-TRACKERS MSCI EAFE HEDGED EQUITY ETF	XTRAK MSCI EAFE	233051200	15,431	571,518	SH		SOLE		0	0	571,518
DELTA AIR LINES INC	COM NEW	247361702	21	432	SH		SOLE		0	0	432
DIAGEO ADR EACH REPR	SPON ADR NEW	25243Q205	21	182	SH		SOLE		0	0	182
DISNEY WALT CO	COM DISNEY	254687106	208	2,204	SH		SOLE		0	0	2,204
DISCOVERY COMMUNICATIONS INC NEW COM SER A	COM SER A	25470F104	2	60	SH		SOLE		0	0	60
DISH NETWORK CORP	CL A	25470M109	36	500	SH		SOLE		0	0	500
DISCOVER FINL SVCS	COM	254709108	30	455	SH		SOLE		0	0	455
DOVER CORP	COM	260003108	11	146	SH		SOLE		0	0	146
DOW CHEMICAL CO	COM	260543103	5	110	SH		SOLE		0	0	110
DU PONT E I DE	COM	263534109	22	293	SH		SOLE		0	0	293
DUNKIN BRANDS GROUP	COM	265504100	21	500	SH		SOLE		0	0	500
E M C CORP MASS	COM	268648102	181	6,082	SH		SOLE		0	0	6,082
EOG RESOURCES INC	COM	26875P101	30	328	SH		SOLE		0	0	328
EATON VANCE TAX	COM	27828S101	15	939	SH		SOLE		0	0	939
EBAY INC	COM	278642103	73	1,300	SH		SOLE		0	0	1,300
EMERSON ELECTRIC CO	COM	291011104	10	162	SH		SOLE		0	0	162
ENCORE CAP GROUP INC	COM	292554102	25	572	SH		SOLE		0	0	572
ENERPLUS CORPORATION	COM	292766102	5	495	SH		SOLE		0	0	495
ENTERPRISE PRODUCTS	COM	293792107	261	7,230	SH		SOLE		0	0	7,230
EQUIFAX INC	COM	294429105	46	574	SH		SOLE		0	0	574
ERICSSON ADR EACH	ADR B SEK 10	294821608	7	606	SH		SOLE		0	0	606
EXACT SCIENCES CORP	COM	30063P105	11	391	SH		SOLE		0	0	391
EXPRESS SCRIPTS HLDG	COM	30219G108	108	1,278	SH		SOLE		0	0	1,278
EXTREME NETWORKS	COM	30226D106	3	800	SH		SOLE		0	0	800
EXXON MOBIL CORP	COM	30231G102	159	1,718	SH		SOLE		0	0	1,718
FS INVT CORP	COM	302635107	54	5,471	SH		SOLE		0	0	5,471
FACEBOOK INC COM	CL A	30303M102	55	700	SH		SOLE		0	0	700
FEDEX CORP	COM	31428X106	130	750	SH		SOLE		0	0	750
FIDELITY NATIONAL	COM	31620M106	10	164	SH		SOLE		0	0	164
FIFTH THIRD BANCORP	COM	316773100	34	1,677	SH		SOLE		0	0	1,677
FIRST INDL RLTY TR	COM	32054K103	4	200	SH		SOLE		0	0	200
FLUOR CORP NEW	COM	343412102	3	42	SH		SOLE		0	0	42
FORD MTR CO DEL	COM PAR $0.01	345370860	155	10,012	SH		SOLE		0	0	10,012
FOSSIL GROUP INC	COM	34988V106	27	244	SH		SOLE		0	0	244
FRANKLIN RES INC	COM	354613101	41	747	SH		SOLE		0	0	747
FREEPORT MCMORAN	COM	35671D857	2	80	SH		SOLE		0	0	80
FRONTIER	COM	35906A108	13	2,005	SH		SOLE		0	0	2,005
FUEL TECH INC COM	COM	359523107	1	200	SH		SOLE		0	0	200
GAP INC DEL COM ISIN #US3647601083 SEDOL #2360326	COM	364760108	21	500	SH		SOLE		0	0	500
GENERAL DYNAMICS CRP	COM	369550108	20	145	SH		SOLE		0	0	145
GENERAL ELECTRIC CO	COM	369604103	221	8,737	SH		SOLE		0	0	8,737
GENERAL MILLS INC	COM	370334104	18	330	SH		SOLE		0	0	330
GENTEX CORP	COM	371901109	50	1,375	SH		SOLE		0	0	1,375
GILEAD SCIENCES	COM	375558103	159	1,685	SH		SOLE		0	0	1,685
GLAXOSMITHKLINE ADR	SPONSORED ADR	37733W105	38	900	SH		SOLE		0	0	900
GOLDMAN SACHS GROUP	COM	38141G104	116	600	SH		SOLE		0	0	600
GOOGLE INC CL A	CL A	38259P508	81	152	SH		SOLE		0	0	152
GOOGLE INC CL C	CL C	38259P706	133	252	SH		SOLE		0	0	252
GUIDEWIRE SOFTWARE	COM	40171V100	18	360	SH		SOLE		0	0	360
HDFC BANK LTD ADS	ADR REPS 3 SHS	40415F101	9	176	SH		SOLE		0	0	176
HMS HOLDINGS CORP	COM	40425J101	16	760	SH		SOLE		0	0	760
HSBC HOLDINGS PLC	SPON ADR NEW	404280406	25	526	SH		SOLE		0	0	526
HALYARD HEALTH INC	COM	40650V100	1	12	SH		SOLE		0	0	12
HARLEY DAVIDSON INC	COM	412822108	18	270	SH		SOLE		0	0	270
HAWAIIAN ELEC INDS	COM	419870100	91	2,730	SH		SOLE		0	0	2,730
HEWLETT-PACKARD CO	COM	428236103	205	5,100	SH		SOLE		0	0	5,100
HOME DEPOT INC	COM	437076102	92	878	SH		SOLE		0	0	878
HONEYWELL INTL INC	COM	438516106	39	386	SH		SOLE		0	0	386
HUNTSMAN CORP	COM	447011107	10	421	SH		SOLE		0	0	421
IPG PHOTONICS CORP	COM	44980X109	22	287	SH		SOLE		0	0	287
IDEXX LABS CORP	COM	45168D104	23	153	SH		SOLE		0	0	153
ING GROEP NV SPONS	SPONSORED ADR	456837103	14	1,080	SH		SOLE		0	0	1,080
INTEL CORP	COM	458140100	123	3,391	SH		SOLE		0	0	3,391
INTERCONTINENTAL	COM	45866F104	22	102	SH		SOLE		0	0	102
INTL BUSINESS MACH	COM	459200101	128	798	SH		SOLE		0	0	798
INTL PAPER CO	COM	460146103	21	395	SH		SOLE		0	0	395
INVENTERGY GLOBAL	COM	46123X102	2	2,600	SH		SOLE		0	0	2,600
ISHARES INC MSCI	MSCI AUST ETF	464286145	12	385	SH		SOLE		0	0	385
ISHARES SELECT	SELECT DIVID ETF	464287168	3	41	SH		SOLE		0	0	41
ISHARES CORE S&P	CORE S&P500 ETF	464287200	117,513	568,051	SH		SOLE		0	0	568,051
ISHARES S&P 500	S&P 500 GRWT ETF	464287309	15	131	SH		SOLE		0	0	131
ISHARES MSCI EAFE	MSCI EAFE ETF	464287465	237	3,888	SH		SOLE		0	0	3,888
ISHARES CORE S&P	CORE S&P MCP ETF	464287507	44,744	309,008	SH		SOLE		0	0	309,008
ISHARES RUSSELL 1000 VALUE ETF	RUS 1000 VAL ETF	464287598	90	864	SH		SOLE		0	0	864
ISHARES RUSSELL 1000 GROWTH ETF	RUS 1000 GRW ETF	464287614	247	2,587	SH		SOLE		0	0	2,587
ISHARES RUSSELL 1000 ETF	RUS 1000 ETF	464287622	160	1,395	SH		SOLE		0	0	1,395
ISHARES MSCI ACWI	MSCI ACWI ETF	464288257	605	10,339	SH		SOLE		0	0	10,339
ISHARES IBOXX HIGH	IBOXX HI YD ETF	464288513	20	223	SH		SOLE		0	0	223
ISHARES TR	AGGRESS ALLOC ETF	464289859	7	154	SH		SOLE		0	0	154
ISHARES TR	GRWT ALLOCAT ETF	464289867	75	1,859	SH		SOLE		0	0	1,859
ISHARES TRUST MSCI	EAFE MIN VOLATIL ETF	46429B689	5	75	SH		SOLE		0	0	75
ISHARES TRUST CORE	CORE MSCI EAFE	46432F842	20,662	373,496	SH		SOLE		0	0	373,496
ISHARES INC CORE	CORE MSCI EMKT	46434G103	8,447	179,614	SH		SOLE		0	0	179,614
JPMORGAN CHASE & CO	COM	46625H100	1,885	30,118	SH		SOLE		0	0	30,118
JACOBS ENGR GROUP	COM	469814107	6	143	SH		SOLE		0	0	143
JOHNSON & JOHNSON	COM	478160104	209	1,996	SH		SOLE		0	0	1,996
KAYNE ANDERSON MLP	COM	486606106	13	330	SH		SOLE		0	0	330
KEURIG GREEN MTN INC	COM	49271M100	30	227	SH		SOLE		0	0	227
KIMBERLY CLARK CORP	COM	494368103	12	100	SH		SOLE		0	0	100
KONINKLIJKE PHILIPS	NY REG SH NEW	500472303	23	800	SH		SOLE		0	0	800
KRAFT FOODS GROUP	COM	50076Q106	11	170	SH		SOLE		0	0	170
LPL FINL HLDGS INC	COM	50212V100	17	374	SH		SOLE		0	0	374
ESTEE LAUDER	CL A	518439104	41	532	SH		SOLE		0	0	532
LEAR CORP NEW COM	COM NEW	521865204	24	248	SH		SOLE		0	0	248
LIBERTY BROADBAND CORP COM USD0.01 CL A	COM SER A	530307107	3	50	SH		SOLE		0	0	50
LIBERTY BROADBAND CORP PUR COM SER C RTS EXP 01/09/2015	RIGHT 01/09/2015	530307115	0	31	SH		SOLE		0	0	31
LIBERTY BROADBAND CORP COM SER C ISIN #US5303073051	COM SER C	530307305	5	101	SH		SOLE		0	0	101
LIBERTY INTERACTIVE	INT COM SER A	53071M104	35	1,175	SH		SOLE		0	0	1,175
LIBERTY INTERACTIVE CORP LIBERTY VENTURES COM USD0.01	LBT VENT COM A	53071M880	6	167	SH		SOLE		0	0	167
LIBERTY MEDIA	CL A	531229102	7	203	SH		SOLE		0	0	203
LIBERTY MEDIA CORP	COM SER C	531229300	14	406	SH		SOLE		0	0	406
LLOYDS BANKING GROUP	SPONSORED ADR	539439109	17	3,623	SH		SOLE		0	0	3,623
LOCKHEED MARTIN CORP	COM	539830109	50	259	SH		SOLE		0	0	259
LOWES COMPANIES	COM	548661107	72	1,043	SH		SOLE		0	0	1,043
LUMBER LIQUIDATORS HLDGS INC COM USD0.001	COM	55003T107	11	173	SH		SOLE		0	0	173
MFA FINL INC COM	COM	55272X102	12	1,489	SH		SOLE		0	0	1,489
MACYS INC	COM	55616P104	14	215	SH		SOLE		0	0	215
MAGNA INTERNATIONAL	COM	559222401	76	700	SH		SOLE		0	0	700
MANULIFE FINANCIAL	COM	56501R106	8	412	SH		SOLE		0	0	412
MARATHON PETROLEUM	COM	56585A102	16	175	SH		SOLE		0	0	175
MARSH & MCLENNAN COS	COM	571748102	109	1,900	SH		SOLE		0	0	1,900
MARTHA STEWART	CL A	573083102	1	300	SH		SOLE		0	0	300
MASTERCARD INC CL A	COM	57636Q104	103	1,197	SH		SOLE		0	0	1,197
MATSON INC COM NPV	COM	57686G105	18	522	SH		SOLE		0	0	522
MATTEL INC	COM	577081102	17	543	SH		SOLE		0	0	543
MAXIM INTEGRATED	COM	57772K101	38	1,200	SH		SOLE		0	0	1,200
MCDONALDS CORP	COM	580135101	952	101,591	SH		SOLE		0	0	101,591
MCKESSON CORP	COM	58155Q103	7	35	SH		SOLE		0	0	35
MEAD JOHNSON	COM	582839106	39	387	SH		SOLE		0	0	387
MEDIVATION INC	COM	58501N101	16	165	SH		SOLE		0	0	165
MEDTRONIC INC	COM	585055106	52	715	SH		SOLE		0	0	715
MENTOR GRAPHICS	COM	587200106	66	3,014	SH		SOLE		0	0	3,014
MERCK & CO INC NEW	COM	58933Y105	151	2,653	SH		SOLE		0	0	2,653
METLIFE INC	COM	59156R108	73	1,356	SH		SOLE		0	0	1,356
MICROSOFT CORP	COM	594918104	267	5,747	SH		SOLE		0	0	5,747
MITSUBISHI UFJ	SPONSORED ADR	606822104	20	3,574	SH		SOLE		0	0	3,574
MODINE MANUFACTURING	COM	607828100	10	750	SH		SOLE		0	0	750
MONDELEZ INTL INC	CL A	609207105	19	511	SH		SOLE		0	0	511
MONSANTO CO NEW	COM	61166W101	8	68	SH		SOLE		0	0	68
MONSTER BEVERAGE	COM	611740101	65	600	SH		SOLE		0	0	600
NATIONAL OILWELL	COM	637071101	39	600	SH		SOLE		0	0	600
NETAPP INC COM	COM	64110D104	58	1,400	SH		SOLE		0	0	1,400
NEWS CORP NEW COM	CL A	65249B109	15	958	SH		SOLE		0	0	958
NIKE INC CLASS B	CL B	654106103	115	1,200	SH		SOLE		0	0	1,200
NOKIA OYJ ADR EACH	SPONSORED ADR	654902204	31	4,000	SH		SOLE		0	0	4,000
NOVARTIS AG ADR-EACH	SPONSORED ADR	66987V109	2,261	2,814	SH		SOLE		0	0	2,814
NOVO-NORDISK AS	ADR	670100205	53	1,258	SH		SOLE		0	0	1,258
NOW INC COM	COM	67011P100	4	150	SH		SOLE		0	0	150
NXSTAGE MED INC COM	COM	67072V103	12	658	SH		SOLE		0	0	658
OCCIDENTAL PETROLEUM	COM	674599105	94	1,169	SH		SOLE		0	0	1,169
OMNICARE INC	COM	681904108	16	219	SH		SOLE		0	0	219
OMNICOM GROUP	COM	681919106	10	123	SH		SOLE		0	0	123
ON SEMICONDUCTOR CRP	COM	682189105	9	867	SH		SOLE		0	0	867
ORACLE CORPORATION	COM	68389X105	51	1,137	SH		SOLE		0	0	1,137
OWENS ILL INC COM NEW	COM NEW	690768403	3	95	SH		SOLE		0	0	95
PG & E CORP	COM	69331C108	5	100	SH		SOLE		0	0	100
PNC FINL SVCS GROUP	COM	693475105	18	200	SH		SOLE		0	0	200
PANDORA MEDIA INC	COM	698354107	17	977	SH		SOLE		0	0	977
PARTNER	ADR	70211M109	10	2,000	SH		SOLE		0	0	2,000
PEPSICO INC	COM	713448108	70	738	SH		SOLE		0	0	738
TELEKOMUNIKASI	SPONSORED ADR	715684106	14	318	SH		SOLE		0	0	318
PETROLEO BRASILEIRO	SPONSORED ADR	71654V408	1	100	SH		SOLE		0	0	100
PFIZER INC	COM	717081103	206	6,611	SH		SOLE		0	0	6,611
PHILIPPINE LONG	SPONSORED ADR	718252604	3	40	SH		SOLE		0	0	40
PHILLIPS 66 COM	COM	718546104	45	631	SH		SOLE		0	0	631
PIMCO ETF TRUST 0-5	0-5 HIGH YIELD	72201R783	569	5,641	SH		SOLE		0	0	5,641
PIMCO HIGH INCOME FD	COM SHS	722014107	11	949	SH		SOLE		0	0	949
PIMCO INCOME	COM	72202B100	14	575	SH		SOLE		0	0	575
PIONEER NATURAL	COM	723787107	12	79	SH		SOLE		0	0	79
PLAINS ALL AMERICAN	UNIT LTD PARTN	726503105	118	2,300	SH		SOLE		0	0	2,300
PRAXAIR INC	COM	74005P104	40	306	SH		SOLE		0	0	306
PRECISION CASTPARTS	COM	740189105	39	162	SH		SOLE		0	0	162
PROCTER & GAMBLE CO	COM	742718109	152	1,672	SH		SOLE		0	0	1,672
PRUDENTIAL FINL INC	COM	744320102	16	173	SH		SOLE		0	0	173
PRUDENTIAL ADR EACH	ADR	74435K204	23	500	SH		SOLE		0	0	500
QUALCOMM INC	COM	747525103	63	841	SH		SOLE		0	0	841
QUEST DIAGNOSTICS	COM	74834L100	19	285	SH		SOLE		0	0	285
QUIKSILVER INC	COM	74838C106	1	520	SH		SOLE		0	0	520
RAYTHEON CO COM NEW	COM NEW	755111507	32	292	SH		SOLE		0	0	292
RED HAT INC	COM	756577102	43	625	SH		SOLE		0	0	625
REED ELSEVIER NV ADR	SPONS ADR NEW	758204200	17	358	SH		SOLE		0	0	358
REGAL ENTERTAINMENT	CL A	758766109	29	1,345	SH		SOLE		0	0	1,345
RICE ENERGY INC COM	COM	762760106	3	133	SH		SOLE		0	0	133
RIO TINTO ADR EACH	SPONSORED ADR	767204100	2	50	SH		SOLE		0	0	50
ROYAL BANK OF	SPONS ADR 20 ORD	780097689	15	1,240	SH		SOLE		0	0	1,240
ROYAL DUTCH SHELL	SPONS ADR A	780259206	75	1,121	SH		SOLE		0	0	1,121
RYANAIR LTD ADR EACH	SPONSORED ADR	783513104	14	193	SH		SOLE		0	0	193
SPDR S&P 500 ETF	TR UNIT	78462F103	173	842	SH		SOLE		0	0	842
SPDR S&P MIDCAP 400	UTSER1 S&PDCRP	78467Y107	23	88	SH		SOLE		0	0	88
ST JUDE MEDICAL INC	COM	790849103	26	393	SH		SOLE		0	0	393
SALLY BEAUTY HLDGS	COM	79546E104	23	745	SH		SOLE		0	0	745
SANOFI SPONSORED	SPONSORED ADR	80105N105	92	2,016	SH		SOLE		0	0	2,016
SCHLUMBERGER LIMITED	COM	806857108	155	1,818	SH		SOLE		0	0	1,818
SCHWAB CHARLES CORP	COM	808513105	133	4,400	SH		SOLE		0	0	4,400
SCRIPPS NETWORKS	CL A COM	811065101	13	174	SH		SOLE		0	0	174
SHIRE ADR EACH REPR	SPONSORED ADR	82481R106	19	88	SH		SOLE		0	0	88
SIEMENS AG ADR-EACH	SPONSORED ADR	826197501	26	225	SH		SOLE		0	0	225
SIMON PPTY GRP	COM	828806109	11	59	SH		SOLE		0	0	59
SIX FLAGS ENTMT CORP	COM	83001A102	11	250	SH		SOLE		0	0	250
SOLAZYME INC COM	COM	83415T101	3	1,200	SH		SOLE		0	0	1,200
SONY CORP ADR-EACH	ADR NEW	835699307	2	100	SH		SOLE		0	0	100
SOUTHERN CO	COM	842587107	10	200	SH		SOLE		0	0	200
SPECTRANETICS CORP	COM	84760C107	11	312	SH		SOLE		0	0	312
SPRINT CORPORATION	COM SER 1	85207U105	8	1,993	SH		SOLE		0	0	1,993
STARBUCKS CORP	COM	855244109	126	1,540	SH		SOLE		0	0	1,540
STATE STREET CORP	COM	857477103	29	370	SH		SOLE		0	0	370
STERICYCLE INC COM	COM	858912108	67	510	SH		SOLE		0	0	510
SUMITOMO MITSUI	SPONSORED ADR	86562M209	29	4,043	SH		SOLE		0	0	4,043
SUNPOWER CORP	COM	867652406	3	100	SH		SOLE		0	0	100
SUNTRUST BANKS INC	COM	867914103	40	950	SH		SOLE		0	0	950
SYMANTEC CORP	COM	871503108	100	3,900	SH		SOLE		0	0	3,900
SYNOPSYS INC	COM	871607107	43	1,000	SH		SOLE		0	0	1,000
SYSCO CORP	COM	871829107	23	572	SH		SOLE		0	0	572
TAIWAN SEMICONDUCTOR	SPONSORED ADR	874039100	61	2,741	SH		SOLE		0	0	2,741
TARGET CORP	COM	87612E106	91	1,201	SH		SOLE		0	0	1,201
TELECOM ITALIA SPA	SPON ADR ORD	87927Y102	2	211	SH		SOLE		0	0	211
TELEFONICA BRASIL SA	SPONSORED ADR	87936R106	4	215	SH		SOLE		0	0	215
TEMPLETON GLOBAL	COM	880198106	16	2,284	SH		SOLE		0	0	2,284
TEREX CORP NEW	COM	880779103	2	73	SH		SOLE		0	0	73
TESLA MOTORS INC COM	COM	88160R101	7	33	SH		SOLE		0	0	33
TEVA PHARMACEUTICAL	ADR	881624209	43	746	SH		SOLE		0	0	746
TEXAS INSTRUMENTS	COM	882508104	59	1,108	SH		SOLE		0	0	1,108
3M COMPANY	COM	88579Y101	35	214	SH		SOLE		0	0	214
TIME INC COM USD0.01	COM	887228104	12	507	SH		SOLE		0	0	507
TIME WARNER INC NEW	COM NEW	887317303	176	2,054	SH		SOLE		0	0	2,054
TIME WARNER CABLE	COM	88732J207	159	1,045	SH		SOLE		0	0	1,045
TOTAL SA SPON ADR EA	SPONSORED ADR	89151E109	54	1,061	SH		SOLE		0	0	1,061
TOWERS WATSON & CO COM USD0.01 CLASS A	CL A	891894107	31	274	SH		SOLE		0	0	274
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	532	4,237	SH		SOLE		0	0	4,237
TRANSDIGM GROUP INC	COM	893641100	23	117	SH		SOLE		0	0	117
TRAVELERS COS INC	COM	89417E109	26	242	SH		SOLE		0	0	242
TRAVELCENTERS	COM	894174101	1	100	SH		SOLE		0	0	100
TRIMAS CORP	COM NEW	896215209	21	665	SH		SOLE		0	0	665
TURKCELL ILETISIM	SPON ADR NEW	900111204	20	1,341	SH		SOLE		0	0	1,341
TWENTY-FIRST CENTY	CL A	90130A101	129	3,370	SH		SOLE		0	0	3,370
TYSON FOODS INC CL A	CL A	902494103	22	544	SH		SOLE		0	0	544
UNILEVER PLC ADS-EA	SPON ADR NEW	904767704	9	231	SH		SOLE		0	0	231
UNION PACIFIC CORP	COM	907818108	35	296	SH		SOLE		0	0	296
UNITED CONTINENTAL	COM	910047109	10	152	SH		SOLE		0	0	152
UNITED PARCEL SVC	CL B	911312106	29	259	SH		SOLE		0	0	259
UNITED TECHNOLOGIES	COM	913017109	99	857	SH		SOLE		0	0	857
UNITEDHEALTH GROUP	COM	91324P102	81	800	SH		SOLE		0	0	800
V F CORP	COM	918204108	28	373	SH		SOLE		0	0	373
VANGUARD INTL EQUITY	ALLWRLD EX US	922042775	1	15	SH		SOLE		0	0	15
VANGUARD INTL EQUITY	FTSE EMR MKT ETF	922042858	2	40	SH		SOLE		0	0	40
VANTIV INC COM	CL A	92210H105	33	963	SH		SOLE		0	0	963
VERIZON	COM	92343V104	415	8,864	SH		SOLE		0	0	8,864
VERINT SYS INC COM ISIN #US92343X1000 SEDOL #2849193	COM	92343X100	16	280	SH		SOLE		0	0	280
VERISK ANALYTICS INC	CL A	92345Y106	19	303	SH		SOLE		0	0	303
VODAFONE GROUP SPON	SPNSR ADR NO PAR	92857W308	0	9	SH		SOLE		0	0	9
WPP PLC ADR EACH	ADR	92937A102	14	133	SH		SOLE		0	0	133
WAGEWORKS INC COM USD0.001	COM	930427109	14	214	SH		SOLE		0	0	214
WALMART STORES INC	COM	931142103	179	2,079	SH		SOLE		0	0	2,079
WALGREENS BOOTS ALLIANCE INC COM ISIN #US9314271084	COM	931427108	45	590	SH		SOLE		0	0	590
WELLS FARGO & CO	COM	949746101	326	5,944	SH		SOLE		0	0	5,944
WESTERN DIGITAL CORP	COM	958102105	22	202	SH		SOLE		0	0	202
WESTPAC BANKING	SPONSORED ADR	961214301	16	583	SH		SOLE		0	0	583
WILLIAMS SONOMA INC	COM	969904101	19	254	SH		SOLE		0	0	254
WYNN RESORTS LTD	COM	983134107	3	20	SH		SOLE		0	0	20
XILINX INC	COM	983919101	6	128	SH		SOLE		0	0	128
YAHOO INC	COM	984332106	0	4	SH		SOLE		0	0	4
YUM BRANDS INC	COM	988498101	21	294	SH		SOLE		0	0	294
ZIMMER HLDGS INC	COM	98956P102	16	141	SH		SOLE		0	0	141

CKW Financial 13F-HRQuarterly holdings report by institutional manager