Blue Granite Capital 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
Expires:	Oct 31, 2018
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hours per response:		23.8

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
ABBOTT LABS COM	COM	002824100	581	10,210	SH		DFND		0	0	10,210
ABBVIE INC COM	COM	00287Y109	634	6,585	SH		DFND		0	0	6,585
ALPHABET INC CL A	COM	02079K305	4	4	SH		DFND		0	0	4
ALTRIA GROUP INC COM	COM	02209S103	385	5,385	SH		DFND		0	0	5,385
AMAZON COM INC	COM	023135106	587	500	SH		DFND		0	0	500
AMERICAN CAMPUS CMNTYS INC COM	COM	024835100	484	11,875	SH		DFND		0	0	11,875
ANALOG DEVICES INC COM	COM	032654105	119	1,350	SH		DFND		0	0	1,350
APPLE INC COM	COM	037833100	724	4,290	SH		DFND		0	0	4,290
BANK OF AMERICA CORPORATION COM	COM	060505104	969	32,950	SH		DFND		0	0	32,950
BANK OF NEW YORK MELLON CORP COM	COM	064058100	422	7,860	SH		DFND		0	0	7,860
BLACKROCK INC COM	COM	09247X101	367	715	SH		DFND		0	0	715
BLACKSTONE GROUP L P COM UNIT REPSTG LTD	COM	09253U108	62	1,925	SH		DFND		0	0	1,925
BOEING CO COM	COM	097023105	536	1,825	SH		DFND		0	0	1,825
BP PLC SPONS ADR	COM	055622104	603	14,390	SH		DFND		0	0	14,390
BRITISH AMERN TOB PLC SPONSORED ADR ISIN#US1104481072	COM	110448107	192	2,892	SH		DFND		0	0	2,892
CARLYLE GROUP L P COM UNITS REPSTG LTD PARTNERSHIP INT	COM	14309L102	422	18,475	SH		DFND		0	0	18,475
CHEVRON CORP NEW COM	COM	166764100	31	250	SH		DFND		0	0	250
CISCO SYSTEMS INC	COM	17275R102	724	18,800	SH		DFND		0	0	18,800
COCA COLA COMPANY	COM	191216100	345	7,525	SH		DFND		0	0	7,525
COMCAST CORP CL A	COM	20030N101	743	18,560	SH		DFND		0	0	18,560
COSTCO WHOLESALE CORP NEW COM	COM	22160K105	565	3,005	SH		DFND		0	0	3,005
CVS HEALTH CORP COM	COM	126650100	632	8,665	SH		DFND		0	0	8,665
DELL TECHNOLOGIES INC CL V	COM	24703L103	107	1,312	SH		DFND		0	0	1,312
DISNEY WALT CO DISNEY COM	COM	254687106	706	6,560	SH		DFND		0	0	6,560
DOWDUPONT INC COM	COM	26078J100	46	641	SH		DFND		0	0	641
EATON CORPORATION PLC SHS ISIN#IE00B8KQN827	COM	G29183103	563	7,075	SH		DFND		0	0	7,075
EXCO RES INC COM NEW	COM	269279501	0	37	SH		DFND		0	0	37
FACEBOOK, INC.	COM	30303M102	840	4,757	SH		DFND		4,537	0	220
FIDELITY COVINGTON TRUST	ETF	316092402	1,725	86,010	SH		SOLE		86,010	0	0
FOOT LOCKER INC COM	COM	344849104	356	7,525	SH		DFND		0	0	7,525
FORD MOTOR CO DEL COM PAR	COM	345370860	467	37,750	SH		DFND		0	0	37,750
GENERAL ELECTRIC CO COM	COM	369604103	561	32,150	SH		DFND		0	0	32,150
GENERAL MILLS INC COM	COM	370334104	437	7,400	SH		DFND		0	0	7,400
GILEAD SCIENCES INC	COM	375558103	615	8,550	SH		DFND		0	0	8,550
HALLIBURTON CO COM	COM	406216101	669	13,705	SH		DFND		0	0	13,705
HOME DEPOT INC COM	COM	437076102	696	3,655	SH		DFND		0	0	3,655
INTEL CORP COM	COM	458140100	709	15,290	SH		DFND		0	0	15,290
INTERCONTINENTAL EXCHANGE INC COM	COM	45866F104	281	3,960	SH		DFND		0	0	3,960
ISHARES TR 1-3 YR CR BD ETF	ETF	464288646	2,028	19,400	SH		DFND		0	0	19,400
ISHARES TR CMBS ETF	ETF	46429B366	445	8,700	SH		DFND		0	0	8,700
ISHARES TR CORE MSCI EAFE ETF	ETF	46432F842	58	875	SH		DFND		0	0	875
ISHARES TR CORE S&P MID-CAP ETF	ETF	464287507	4	20	SH		DFND		0	0	20
ISHARES TR CORE U S AGGREGATE BD ETF	ETF	464287226	162	1,490	SH		DFND		0	0	1,490
ISHARES TR FLTG RATE NT ETF	ETF	46429B655	1,654	32,600	SH		DFND		0	0	32,600
ISHARES TR GLOBAL 100 ETF	ETF	464287572	107	1,150	SH		DFND		0	0	1,150
ISHARES TR GLOBAL CONSUMER STAPLES ETF	ETF	464288737	5	50	SH		DFND		0	0	50
ISHARES TR INTL SELECT DIVID ETF INDEX FD	ETF	464288448	125	3,696	SH		DFND		0	0	3,696
ISHARES TR JPMORGAN USD EMERGING MKTS BD ETF	ETF	464288281	950	8,175	SH		DFND		0	0	8,175
ISHARES TR MBS ETF	ETF	464288588	571	5,355	SH		DFND		0	0	5,355
ISHARES TR NORTH AMERN TECH ETF	ETF	464287549	26	150	SH		DFND		0	0	150
ISHARES TR RUSSELL 1000 GROWTH ETF	ETF	464287614	114	843	SH		DFND		0	0	843
ISHARES TR RUSSELL 1000 VALUE ETF	ETF	464287598	482	3,875	SH		DFND		0	0	3,875
ISHARES TR RUSSELL 2000 VALUE ETF	ETF	464287630	14,965	119,004	SH		DFND		118,916	0	88
ISHARES TR S&P U S PFD STK INDEX FD	ETF	464288687	46	1,200	SH		DFND		0	0	1,200
ISHARES TR TIPS BD ETF	ETF	464287176	984	8,612	SH		DFND		0	0	8,612
ISHARES TR U S CONSUMER GOODS ETF	ETF	464287812	16	125	SH		DFND		0	0	125
ISHARES TR U S CONSUMER SVCS ETF	ETF	464287580	18	100	SH		DFND		0	0	100
ISHARES TR U S HEALTHCARE ETF	ETF	464287762	17	100	SH		DFND		0	0	100
ISHARES TR US FINANCIALS ETF INDEX FD	ETF	464287788	18	150	SH		DFND		0	0	150
ISHARES TR US INDUSTRIALS ETF	ETF	464287754	15	100	SH		DFND		0	0	100
ISHARES U S ETF TR SHORT MTY BD ETF	ETF	46431W507	835	16,700	SH		DFND		0	0	16,700
JOHNSON & JOHNSON COM	COM	478160104	414	2,970	SH		DFND		0	0	2,970
JP MORGAN CHASE & CO COM ISIN#US46625H1005	COM	46625H100	452	4,250	SH		DFND		0	0	4,250
KEYCORP NEW COM	COM	493267108	583	28,950	SH		DFND		0	0	28,950
KROGER CO COM	COM	501044101	881	32,170	SH		DFND		0	0	32,170
MASTERCARD INC CL A COM	COM	57636Q104	503	3,315	SH		DFND		0	0	3,315
MERCK & CO INC NEW COM	COM	58933Y105	669	11,875	SH		DFND		0	0	11,875
MICROSOFT CORP COM	COM	594918104	620	7,275	SH		DFND		0	0	7,275
NABORS INDS LTD SHS ISIN#BMG6359F1032	COM	G6359F103	79	11,800	SH		DFND		0	0	11,800
NASDAQ INC COM	COM	631103108	398	5,140	SH		DFND		0	0	5,140
OCH-ZIFF CAP MGMT GROUP CL A SHS	COM	67551U105	1	500	SH		DFND		0	0	500
ORACLE CORP COM	COM	68389X105	468	9,830	SH		DFND		0	0	9,830
PEPSICO INC COM	COM	713448108	135	1,115	SH		DFND		0	0	1,115
PFIZER INC COM	COM	717081103	658	18,220	SH		DFND		0	0	18,220
PHILIP MORRIS INTERNATIONAL INC.	COM	718172109	174	1,657	SH		DFND		932	0	725
PIMCO ETF TR ENHANCED SHORT MAT ACTIVE ETF	ETF	72201R833	323	3,175	SH		DFND		0	0	3,175
POWERSHARES QQQ TRUST, SERIES 1	ETF	73935A104	9,506	61,027	SH		SOLE		61,027	0	0
PROCTER & GAMBLE CO COM	COM	742718109	340	3,670	SH		DFND		0	0	3,670
QUALCOMM INC	COM	747525103	543	8,500	SH		DFND		0	0	8,500
RANGE RESOURCES CORPORATION	COM	75281A109	495	29,001	SH		SOLE		29,001	0	0
RAYTHEON CO COM NEW	COM	755111507	329	1,735	SH		DFND		0	0	1,735
SELECT SECTOR SPDR TR REAL ESTATE SELECT SECTOR SPDR FD	ETF	81369Y860	193	6,000	SH		DFND		0	0	6,000
SELECT SECTOR SPDR TR UTILS	ETF	81369Y886	146	2,750	SH		DFND		0	0	2,750
SMUCKER J M CO COM NEW	COM	832696405	695	5,620	SH		DFND		0	0	5,620
SPDR INDEX SHS FDS S&P CHINA ETF	ETF	78463X400	477	4,465	SH		DFND		0	0	4,465
SPDR S&P 500 ETF TRUST	ETF	78462F103	57,083	213,908	SH		DFND		213,208	0	700
SPDR SER TR S&P DIVID ETF	ETF	78464A763	94	1,000	SH		DFND		0	0	1,000
STANLEY BLACK & DECKER INC COM	COM	854502101	34	200	SH		DFND		0	0	200
TEVA PHARMACEUTICAL INDUSTRIES LTD	COM	881624209	834	44,014	SH		SOLE		44,014	0	0
UNDER ARMOUR INC CL A	COM	904311107	1	100	SH		DFND		0	0	100
UNILEVER PLC SPON ADR NEW ISIN#US9047677045	COM	904767704	427	7,690	SH		DFND		0	0	7,690
VANGUARD INDEX FDS VANGUARD REIT ETF	ETF	922908553	96	1,163	SH		DFND		0	0	1,163
VANGUARD INDEX FDS VANGUARD SMALL-CAP VALUE ETF	ETF	922908611	108	819	SH		DFND		0	0	819
VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF	ETF	922042858	23	500	SH		DFND		0	0	500
VERIFONE SYS INC COM	COM	92342Y109	6	300	SH		DFND		0	0	300
VERIZON COMMUNICATIONS INC COM	COM	92343V104	413	7,796	SH		DFND		0	0	7,796
VISA INC COM CL A	COM	92826C839	215	1,875	SH		DFND		0	0	1,875
VODAFONE GROUP PLC NEW SPONSORED ADR NO PAR	COM	92857W308	554	17,290	SH		DFND		0	0	17,290
WAL MART STORES INC COM	COM	931142103	645	5,620	SH		DFND		0	0	5,620
VANGUARD INDUSTRIALS ETF	ETF	92204A603	1,650	11,590	SH		SOLE		11,590	0	0
VANGUARD HEALTH CARE ETF	ETF	92204A504	5,762	37,380	SH		SOLE		37,380	0	0
VANGUARD ENERGY ETF	ETF	92204A306	460	4,650	SH		SOLE		4,650	0	0
SELECT STR FINANCIAL SELECT SPDR ETF	ETF	81369Y605	1,915	68,612	SH		SOLE		68,612	0	0
SPDR FUND CONSUMER DISCRE SELECT ETF	ETF	81369Y407	1,917	19,421	SH		SOLE		19,421	0	0
SPDR FUND CONSUMER STAPLES ETF	ETF	81369Y308	2,409	42,340	SH		SOLE		42,340	0	0