First Western Capital 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
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	2,036	24,764	SH		SOLE		24,764	0	0
MICHAEL KORS HLDGS LTD	SHS	G60754101	763	9,400	SH		SOLE		9,400	0	0
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	1,368	24,368	SH		SOLE		24,368	0	0
SINA CORP	ORD	G81477104	1,382	16,400	SH		SOLE		16,400	0	0
STRATASYS LTD	SHS	M85548101	1,507	11,190	SH		SOLE		11,190	0	0
AVAGO TECHNOLOGIES LTD	SHS	Y0486S104	2,508	47,445	SH		SOLE		47,445	0	0
DIANA SHIPPING INC	COM	Y2066G104	899	67,700	SH		SOLE		67,700	0	0
NAVIOS MARITIME PARTNERS L P	UNIT LPI	Y62267102	1,415	74,000	SH		SOLE		74,000	0	0
SAFE BULKERS INC	COM	Y7388L103	1,310	125,900	SH		SOLE		125,900	0	0
TEEKAY LNG PARTNERS L P	PRTNRSP UNITS	Y8564M105	988	23,134	SH		SOLE		23,134	0	0
ABBOTT LABS	COM	002824100	3,877	101,156	SH		SOLE		101,156	0	0
ALIGN TECHNOLOGY INC	COM	016255101	917	16,050	SH		SOLE		16,050	0	0
AMAZON COM INC	COM	023135106	654	1,640	SH		SOLE		1,640	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	5,954	74,600	SH		SOLE		74,600	0	0
AMERICAN WTR WKS CO INC NEW	COM	030420103	1,296	30,674	SH		SOLE		30,674	0	0
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	4,189	39,349	SH		SOLE		39,349	0	0
APPLE INC	COM	037833100	4,151	7,398	SH		SOLE		7,398	0	0
ARLINGTON ASSET INVT CORP	CL A NEW	041356205	238	9,000	SH		SOLE		9,000	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	2,232	27,624	SH		SOLE		27,624	0	0
B & G FOODS INC NEW	COM	05508R106	1,094	32,260	SH		SOLE		32,260	0	0
BAIDU INC	SPON ADR REP A	056752108	1,645	9,250	SH		SOLE		9,250	0	0
BANK OF AMERICA CORPORATION	COM	060505104	1,250	80,305	SH		SOLE		80,305	0	0
BAXTER INTL INC	COM	071813109	3,530	50,762	SH		SOLE		50,762	0	0
BAYTEX ENERGY CORP	COM	07317Q105	898	22,982	SH		SOLE		22,982	0	0
BIOGEN IDEC INC	COM	09062X103	410	1,465	SH		SOLE		1,465	0	0
BLACKROCK INC	COM	09247X101	7,843	24,782	SH		SOLE		24,782	0	0
BREITBURN ENERGY PARTNERS LP	COM UT LTD PTN	106776107	1,665	81,890	SH		SOLE		81,890	0	0
CELGENE CORP	COM	151020104	7,232	42,808	SH		SOLE		42,808	0	0
CHEVRON CORP NEW	COM	166764100	5,195	41,589	SH		SOLE		41,589	0	0
CISCO SYS INC	COM	17275R102	3,323	148,167	SH		SOLE		148,167	0	0
CORENERGY INFRASTRUCTURE TR	COM	21870U205	518	72,636	SH		SOLE		72,636	0	0
CORESITE RLTY CORP	COM	21870Q105	1,485	46,145	SH		SOLE		46,145	0	0
CREE INC	COM	225447101	992	15,875	SH		SOLE		15,875	0	0
CRESTWOOD MIDSTREAM PARTNERS	UNIT LTD PARTNER	226378107	1,631	65,532	SH		SOLE		65,532	0	0
DANAHER CORP DEL	COM	235851102	5,927	76,774	SH		SOLE		76,774	0	0
DIGITAL RLTY TR INC	COM	253868103	1,410	28,700	SH		SOLE		28,700	0	0
DIREXION SHS ETF TR	DLY SMCAP BULL3X	25459W847	350	4,516	SH		SOLE		4,516	0	0
DIREXION SHS ETF TR	HEALTHCARE BUL	25459Y876	207	3,000	SH		SOLE		3,000	0	0
DIREXION SHS ETF TR	DLY FIN BULL NEW	25459Y694	364	4,035	SH		SOLE		4,035	0	0
DISCOVERY COMMUNICATNS NEW	COM SER A	25470F104	4,121	45,576	SH		SOLE		45,576	0	0
EQT MIDSTREAM PARTNERS LP	UNIT LTD PARTN	26885B100	1,756	29,868	SH		SOLE		29,868	0	0
ECOLAB INC	COM	278865100	4,753	45,585	SH		SOLE		45,585	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	251	3,070	SH		SOLE		3,070	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	2,082	31,400	SH		SOLE		31,400	0	0
EQUINIX INC	COM NEW	29444U502	781	4,400	SH		SOLE		4,400	0	0
EQUITY LIFESTYLE PPTYS INC	COM	29472R108	6,054	167,104	SH		SOLE		167,104	0	0
FACEBOOK INC	CL A	30303M102	2,643	48,350	SH		SOLE		48,350	0	0
FREEPORT-MCMORAN COPPER & GO	COM	35671D857	1,185	31,400	SH		SOLE		31,400	0	0
GAMESTOP CORP NEW	CL A	36467W109	246	5,000	SH		SOLE		5,000	0	0
GENERAL ELECTRIC CO	COM	369604103	2,928	104,452	SH		SOLE		104,452	0	0
GILEAD SCIENCES INC	COM	375558103	5,062	67,410	SH		SOLE		67,410	0	0
GLADSTONE COML CORP	COM	376536108	790	43,995	SH		SOLE		43,995	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	1,796	10,132	SH		SOLE		10,132	0	0
GOOGLE INC	CL A	38259P508	3,324	2,966	SH		SOLE		2,966	0	0
HALLIBURTON CO	COM	406216101	3,696	72,836	SH		SOLE		72,836	0	0
HEALTHCARE TR AMER INC	CL A	42225P105	835	84,917	SH		SOLE		84,917	0	0
HOME DEPOT INC	COM	437076102	1,916	23,268	SH		SOLE		23,268	0	0
HONEYWELL INTL INC	COM	438516106	4,578	50,100	SH		SOLE		50,100	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	3,384	18,040	SH		SOLE		18,040	0	0
INTUIT	COM	461202103	2,125	27,841	SH		SOLE		27,841	0	0
KOHLS CORP	COM	500255104	2,003	35,303	SH		SOLE		35,303	0	0
LAS VEGAS SANDS CORP	COM	517834107	3,151	39,947	SH		SOLE		39,947	0	0
LAUDER ESTEE COS INC	CL A	518439104	3,868	51,358	SH		SOLE		51,358	0	0
LEGACY RESERVES LP	UNIT LP INT	524707304	1,375	48,814	SH		SOLE		48,814	0	0
LINKEDIN CORP	COM CL A	53578A108	1,462	6,740	SH		SOLE		6,740	0	0
LOCKHEED MARTIN CORP	COM	539830109	1,669	11,232	SH		SOLE		11,232	0	0
MACQUARIE INFRASTR CO LLC	MEMBERSHIP INT	55608B105	826	15,182	SH		SOLE		15,182	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	2,324	36,725	SH		SOLE		36,725	0	0
MAGNACHIP SEMICONDUCTOR CORP	COM	55933J203	1,031	52,900	SH		SOLE		52,900	0	0
MARKWEST ENERGY PARTNERS L P	UNIT LTD PARTN	570759100	1,622	24,527	SH		SOLE		24,527	0	0
MCDONALDS CORP	COM	580135101	4,331	44,634	SH		SOLE		44,634	0	0
MICROSOFT CORP	COM	594918104	3,958	105,795	SH		SOLE		105,665	0	0
MID CON ENERGY PARTNERS LP	COM UNIT REPST	59560V109	1,138	49,821	SH		SOLE		49,821	0	0
MONSANTO CO NEW	COM	61166W101	2,202	18,897	SH		SOLE		18,897	0	0
NETFLIX INC	COM	64110L106	383	1,040	SH		SOLE		1,040	0	0
NQ MOBILE INC	ADR REPSTG CL A	64118U108	840	57,100	SH		SOLE		57,100	0	0
NEURALSTEM INC	COM	64127R302	44	15,000	SH		SOLE		15,000	0	0
NIKE INC	CL B	654106103	4,381	55,708	SH		SOLE		55,708	0	0
NOBLE ENERGY INC	COM	655044105	1,188	17,450	SH		SOLE		17,450	0	0
NORFOLK SOUTHERN CORP	COM	655844108	1,695	18,256	SH		SOLE		18,256	0	0
OILTANKING PARTNERS L P	UNIT LTD	678049107	1,192	19,200	SH		SOLE		19,200	0	0
OMEGA HEALTHCARE INVS INC	COM	681936100	1,386	46,503	SH		SOLE		46,503	0	0
ONEOK INC NEW	COM	682680103	1,687	27,121	SH		SOLE		27,121	0	0
ORACLE CORP	COM	68389X105	4,027	105,255	SH		SOLE		105,255	0	0
PENNYMAC MTG INVT TR	COM	70931T103	341	14,866	SH		SOLE		14,866	0	0
PEPSICO INC	COM	713448108	3,692	44,522	SH		SOLE		44,522	0	0
PETSMART INC	COM	716768106	1,753	24,097	SH		SOLE		24,097	0	0
PFIZER INC	COM	717081103	836	27,310	SH		SOLE		27,310	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	1,517	29,304	SH		SOLE		29,304	0	0
PRECISION CASTPARTS CORP	COM	740189105	1,720	6,385	SH		SOLE		6,385	0	0
PRICELINE COM INC	COM NEW	741503403	2,760	2,375	SH		SOLE		2,375	0	0
PROSHARES TR	PSHS ULT MCAP400	74347R404	1,592	12,550	SH		SOLE		12,550	0	0
QUALCOMM INC	COM	747525103	4,084	55,001	SH		SOLE		55,001	0	0
QUESTCOR PHARMACEUTICALS INC	COM	74835Y101	1,756	32,254	SH		SOLE		32,254	0	0
REALTY INCOME CORP	COM	756109104	1,097	29,401	SH		SOLE		29,401	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	1,485	5,395	SH		SOLE		5,395	0	0
ROPER INDS INC NEW	COM	776696106	2,215	15,972	SH		SOLE		15,972	0	0
RYDER SYS INC	COM	783549108	2,374	32,172	SH		SOLE		32,172	0	0
SBA COMMUNICATIONS CORP	COM	78388J106	1,110	12,350	SH		SOLE		12,350	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	1,412	54,030	SH		SOLE		54,030	0	0
SALESFORCE COM INC	COM	79466L302	1,300	23,546	SH		SOLE		23,546	0	0
SALIX PHARMACEUTICALS INC	COM	795435106	1,356	15,075	SH		SOLE		15,075	0	0
SANDISK CORP	COM	80004C101	1,815	25,723	SH		SOLE		25,723	0	0
SCHLUMBERGER LTD	COM	806857108	5,324	59,078	SH		SOLE		59,078	0	0
SCHWAB CHARLES CORP NEW	COM	808513105	4,593	176,646	SH		SOLE		176,646	0	0
SPLUNK INC	COM	848637104	1,118	16,280	SH		SOLE		16,280	0	0
STARBUCKS CORP	COM	855244109	2,051	26,164	SH		SOLE		26,164	0	0
STATE STR CORP	COM	857477103	4,339	59,126	SH		SOLE		59,126	0	0
STONEMOR PARTNERS L P	COM UNITS	86183Q100	873	34,239	SH		SOLE		34,239	0	0
STRYKER CORP	COM	863667101	4,027	53,591	SH		SOLE		53,591	0	0
SUNOCO LOGISTICS PRTNRS L P	COM UNITS	86764L108	1,638	21,705	SH		SOLE		21,705	0	0
TANGOE INC	COM	87582Y108	829	46,000	SH		SOLE		46,000	0	0
TARGA RESOURCES PARTNERS LP	COM UNITS	87611X105	1,433	27,384	SH		SOLE		27,384	0	0
TEXAS INSTRS INC	COM	882508104	4,307	98,096	SH		SOLE		98,096	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	6,936	62,291	SH		SOLE		62,291	0	0
3-D SYS CORP DEL	COM NEW	88554D205	1,589	17,100	SH		SOLE		17,100	0	0
UBIQUITI NETWORKS INC	COM	90347A100	1,373	29,875	SH		SOLE		29,875	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	4,174	39,718	SH		SOLE		39,718	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	1,769	15,551	SH		SOLE		15,551	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	2,064	27,417	SH		SOLE		27,417	0	0
VALEANT PHARMACEUTICALS INTL	COM	91911K102	2,011	17,125	SH		SOLE		17,125	0	0
VANGUARD NAT RES LLC	COM UNIT	92205F106	1,372	46,462	SH		SOLE		46,462	0	0
VENTAS INC	COM	92276F100	1,110	19,376	SH		SOLE		19,376	0	0
VISA INC	COM CL A	92826C839	2,717	12,203	SH		SOLE		12,203	0	0
WAGEWORKS INC	COM	930427109	1,290	21,700	SH		SOLE		21,700	0	0
WAL-MART STORES INC	COM	931142103	3,735	47,463	SH		SOLE		47,463	0	0
WESTERN GAS EQUITY PARTNERS	COMUNT LTD PT	95825R103	974	24,640	SH		SOLE		24,640	0	0
WESTERN GAS PARTNERS LP	COM UNIT LP IN	958254104	1,223	19,824	SH		SOLE		19,824	0	0
WHITESTONE REIT	COM	966084204	762	57,014	SH		SOLE		57,014	0	0
WILLIAMS COS INC DEL	COM	969457100	3,986	103,355	SH		SOLE		103,355	0	0