Kovack Advisors 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
Estimated average burden
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
3M CO COM	COM	88579Y101	365	2,069	SH		SOLE		0	0	2,069
ABBVIE INC CALL FEB00065000	COM	00287Y109	4	16	SH	Call	SOLE		0	0	16
ABBVIE INC COM	COM	00287Y109	485	7,695	SH		SOLE		0	0	7,695
ACCENTURE PLC IRELAND SHS CLASS A	SHS CL A	G1151C101	644	5,271	SH		SOLE		0	0	5,271
ACTIVISION BLIZZARD INC COM	COM	00507V109	794	17,916	SH		SOLE		0	0	17,916
AES CORP COM	COM	00130H105	273	21,224	SH		SOLE		0	0	21,224
AETNA INC NEW CALL JAN00145000	COM	00817Y108	0	2	SH	Call	SOLE		0	0	2
AETNA INC NEW COM	COM	00817Y108	245	2,121	SH		SOLE		0	0	2,121
ALLERGAN PLC SHS	PLC SHS	G0177J108	451	1,960	SH		SOLE		0	0	1,960
ALPHABET INC CAP STK CL A	CL A	02079K305	1,440	1,791	SH		SOLE		0	0	1,791
ALPHABET INC CAP STK CL C	CL C	02079K107	555	714	SH		SOLE		0	0	714
ALPS ETF TR ALERIAN MLP	MLP	00162Q866	640	50,458	SH		SOLE		0	0	50,458
ALTRIA GROUP INC COM	COM	02209S103	702	11,110	SH		SOLE		0	0	11,110
AMAZON COM INC COM	COM	023135106	1,015	1,212	SH		SOLE		0	0	1,212
AMERICAN EQTY INVT LIFE HLD CO COM	COM	025676206	230	13,000	SH		SOLE		0	0	13,000
AMERICAN WTR WKS CO INC NEW COM	COM	030420103	367	4,908	SH		SOLE		0	0	4,908
AMGEN INC COM	COM	031162100	641	3,843	SH		SOLE		0	0	3,843
ANNALY CAP MGMT INC COM	COM	035710409	120	11,397	SH		SOLE		0	0	11,397
APOLLO GLOBAL MGMT LLC CL A SHS	CL A	037612306	405	22,534	SH		SOLE		0	0	22,534
APPLE INC CALL JAN00170000	COM	037833100	0	1	SH	Call	SOLE		0	0	1
APPLE INC COM	COM	037833100	10,918	96,573	SH		SOLE		0	0	96,573
AT&T INC PUT SEP00032000	COM	00206R102	0	2	SH	Put	SOLE		0	0	2
AT&T INC COM	COM	00206R102	2,000	49,242	SH		SOLE		0	0	49,242
BANCO SANTANDER SA ADR	ADR	05964H105	48	10,955	SH		SOLE		0	0	10,955
BANCROFT FUND LTD COM	COM	059695106	284	13,500	SH		SOLE		0	0	13,500
BANK AMER CORP COM	COM	060505104	577	36,876	SH		SOLE		0	0	36,876
BARCLAYS BK PLC IPATH S&P MT ETN	PLC IPATH S&P MT ETN	06740Q260	2,840	75,113	SH		SOLE		0	0	75,113
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B	084670702	870	6,025	SH		SOLE		0	0	6,025
BLACKROCK MUNIASSETS FD INC COM	COM	09254J102	161	10,446	SH		SOLE		0	0	10,446
BLACKROCK MUNIVEST FD II INC COM	COM	09253T101	247	14,420	SH		SOLE		0	0	14,420
BLACKSTONE GROUP L P CALL JAN00040000	COM UNIT LTD	09253U108	0	5	SH	Call	SOLE		0	0	5
BLACKSTONE GROUP L P COM UNIT LTD	COM UNIT LTD	09253U108	403	15,772	SH		SOLE		0	0	15,772
BOEING CO COM	COM	097023105	759	5,762	SH		SOLE		0	0	5,762
BP PLC SPONSORED ADR	ADR	055622104	408	11,601	SH		SOLE		0	0	11,601
BRISTOL MYERS SQUIBB CO COM	COM	110122108	341	6,328	SH		SOLE		0	0	6,328
BUSINESS DEV CORP OF AMER COM	COM	12325J101	264	29,921	SH		SOLE		0	0	29,921
CALAMOS CONV OPP AND INC FD SH BEN INT	SH BEN INT	128117108	123	11,864	SH		SOLE		0	0	11,864
CARTER VALIDUS MISSION CRITICA COM	COM	146282108	602	60,183	SH		SOLE		0	0	60,183
CATERPILLAR INC DEL COM	COM	149123101	353	3,972	SH	Call	SOLE		0	0	3,972
CELGENE CORP CALL OCT00120000	COM	151020104	0	1	SH		SOLE		0	0	1
CELGENE CORP COM	COM	151020104	924	8,844	SH		SOLE		0	0	8,844
CHEVRON CORP NEW COM	COM	166764100	1,794	17,429	SH		SOLE		0	0	17,429
CISCO SYS INC COM	COM	17275R102	476	15,004	SH		SOLE		0	0	15,004
CISCO SYSTEMS INC PUT DEC00031000	COM	17275R102	0	4	SH	Put	SOLE		0	0	4
CLAYMORE EXCHANGE TRD FD TR GUG BLT2018 HY	TR GUG BLT2018 HY	18383M381	499	19,723	SH		SOLE		0	0	19,723
CLAYMORE EXCHANGE TRD FD TR GUG BUL 2019 HY	TR GUG BUL 2019 HY	18383M373	214	8,822	SH		SOLE		0	0	8,822
CLAYMORE EXCHANGE TRD FD TR GUG RAYM JAMES S	TR GUG RAYM JAMES S	18383M613	232	6,350	SH		SOLE		0	0	6,350
COCA COLA CO COM	COM	191216100	305	7,210	SH		SOLE		0	0	7,210
CONAGRA BRANDS INC COM	COM	205887102	237	5,040	SH		SOLE		0	0	5,040
CONOCOPHILLIPS COM	COM	20825C104	441	10,138	SH		SOLE		0	0	10,138
CONSOLIDATED EDISON INC COM	COM	209115104	464	6,156	SH		SOLE		0	0	6,156
COSTCO WHSL CORP NEW COM	COM	22160K105	297	1,950	SH		SOLE		0	0	1,950
CVS CAREMARK CORP CALL AUG00105000	COM	126650100	0	10	SH	Call	SOLE		0	0	10
CVS HEALTH CORP COM	COM	126650100	723	8,122	SH		SOLE		0	0	8,122
DANAHER CORP DEL COM	COM	235851102	283	3,606	SH		SOLE		0	0	3,606
DIEBOLD NXDF INC COM	COM	253651103	1,102	44,436	SH		SOLE		0	0	44,436
DIREXION SHS ETF TR DAILY JR GOLD 3X	TR DAILY JR GOLD 3X	25490K554	2,126	121,960	SH		SOLE		0	0	121,960
DIREXION SHS ETF TR DLY GOLD BULL 3X	TR DLY GOLD BULL 3X	25490K570	1,211	63,985	SH		SOLE		0	0	63,985
DISNEY WALT CO COM DISNEY	COM	254687106	2,182	23,502	SH		SOLE		0	0	23,502
DISNEY WALT COMPANY CALL JAN00160000	COM	254687106	0	1	SH	Call	SOLE		0	0	1
DNAPRINT GENOMICS INC COM NEW	COM	23324Q202	0	30,000	SH		SOLE		0	0	30,000
DU PONT E I DE NEMOURS & CO COM	COM	263534109	503	7,516	SH		SOLE		0	0	7,516
DYNEX CAP INC COM NEW	COM	26817Q506	161	21,716	SH		SOLE		0	0	21,716
EATON CORP PLC CALL JAN00067500	PLC	G29183103	1	5	SH	Call	SOLE		0	0	5
EATON CORP PLC SHS	PLC SHS	G29183103	215	3,273	SH		SOLE		0	0	3,273
EATON VANCE LTD DUR INCOME FD COM	COM	27828H105	267	19,441	SH		SOLE		0	0	19,441
EATON VANCE TAX MNGD GBL DV EQ COM	COM	27829F108	88	10,194	SH		SOLE		0	0	10,194
ELECTRONIC ARTS INC COM	COM	285512109	262	3,072	SH		SOLE		0	0	3,072
ENSCO PLC SHS CLASS A	PLCS SHS CL A	G3157S106	87	10,255	SH		SOLE		0	0	10,255
ENTERPRISE PRODS PARTNERS L P COM	COM	293792107	227	8,227	SH		SOLE		0	0	8,227
ETF SER SOLUTIONS VIDENT CORE US	CORE US	26922A602	1,870	36,016	SH		SOLE		0	0	36,016
ETF SER SOLUTIONS VIDENT INTL EQ	INTL EQ	26922A404	2,568	116,892	SH		SOLE		0	0	116,892
ETF SER SOLUTIONS VIDENTCORE EQ FD	CORE EQ FD	26922A503	1,460	54,509	SH		SOLE		0	0	54,509
EVERTEC INC COM	COM	30040P103	247	14,697	SH		SOLE		0	0	14,697
EXPRESS SCRIPTS HLDG CO COM	COM	30219G108	315	4,465	SH		SOLE		0	0	4,465
EXXON MOBIL CORP COM	COM	30231G102	1,364	15,630	SH		SOLE		0	0	15,630
FACEBOOK INC CALL JAN00115000	CL A	30303M102	8	12	SH	Call	SOLE		0	0	12
FACEBOOK INC CL A	CL A	30303M102	2,494	19,441	SH		SOLE		0	0	19,441
FIRST TR EXCHANGE TRADED FD CBOE S&P500VIX	CBOE S&P500VIX	33733E609	429	17,864	SH		SOLE		0	0	17,864
FIRST TR EXCHANGE TRADED FD DJ INTERNT IDX	DJ INTERNT IDX	33733E302	276	3,387	SH		SOLE		0	0	3,387
FIRST TR EXCHANGE TRADED FD II CLOUD COMPUTING	CLOUD COMPUTING	33734X192	281	8,229	SH		SOLE		0	0	8,229
FIRST TR EXCHANGE TRADED FD II CONSUMR DISCRE	CONSUMR DISCRE	33734X101	557	15,793	SH		SOLE		0	0	15,793
FIRST TR EXCHANGE TRADED FD II CONSUMR STAPLE	CONSUMR STAPLE	33734X119	629	13,544	SH		SOLE		0	0	13,544
FIRST TR EXCHANGE TRADED FD II ENERGY ALPHADX	ENERGY ALPHADX	33734X127	435	28,195	SH		SOLE		0	0	28,195
FIRST TR EXCHANGE TRADED FD II FINLS ALPHADEX	FINLS ALPHADEX	33734X135	358	14,724	SH		SOLE		0	0	14,724
FIRST TR EXCHANGE TRADED FD II UTILITIES ALPH	UTILITIES ALPH	33734X184	253	9,768	SH		SOLE		0	0	9,768
FIRST TR EXCHANGE TRADED FD IV SENIOR LN FD	SENIOR LN FD	33738D309	204	4,202	SH		SOLE		0	0	4,202
FIRST TR EXCHANGE TRADED FD VI DORSEY WRIGHT	DORSEY WRIGHT	33738R886	188	10,740	SH		SOLE		0	0	10,740
FIRST TR EXCHANGE TRADED FD VI DORSEY WRT 5 ETF	DORSEY WRT 5 ETF	33738R605	1,028	44,887	SH		SOLE		0	0	44,887
FIRST TR EXCHANGE TRADED FD VI MULTI ASSET DI	MULTI ASSET DI	33738R100	394	20,842	SH		SOLE		0	0	20,842
FIRST TR MORNINGSTAR DIV LEADR SHS	DIV LEADR SHS	336917109	414	15,187	SH		SOLE		0	0	15,187
FIRST TR VALUE LINE DIVID INDX SHS	DIVID INDX SHS	33734H106	4,633	171,576	SH		SOLE		0	0	171,576
FORD MOTOR CO CALL DEC00013000	DEL COM PAR $0.01	345370860	0	14	SH	Call	SOLE		0	0	14
FORD MTR CO DEL COM PAR $0.01	DEL COM PAR $0.01	345370860	577	47,771	SH		SOLE		0	0	47,771
FS INVT CORP II COM	COM	35952V105	98	11,554	SH		SOLE		0	0	11,554
GENERAL DYNAMICS CORP COM	COM	369550108	254	1,638	SH		SOLE		0	0	1,638
GENERAL ELECTRIC CO CALL SEP00030000	COM	369604103	0	1	SH	Call	SOLE		0	0	1
GENERAL ELECTRIC CO PUT JAN00030000	COM	369604103	1	4	SH	Put	SOLE		0	0	4
GENERAL ELECTRIC CO COM	COM	369604103	2,108	71,168	SH		SOLE		0	0	71,168
GLAXOSMITHKLINE PLC SPONSORED ADR	SPONSORED ADR	37733W105	985	22,848	SH		SOLE		0	0	22,848
GOLDCORP INC NEW COM	COM	380956409	436	26,363	SH		SOLE		0	0	26,363
GREENGRO TECHNOLOGIES INC COM	COM	39526G107	1	11,000	SH		SOLE		0	0	11,000
GRILLED CHEESE TRUCK INC COM	COM	39850T105	27	40,000	SH		SOLE		0	0	40,000
GUESS INC COM	COM	401617105	204	13,946	SH		SOLE		0	0	13,946
HCP INC COM	COM	40414L109	763	20,096	SH		SOLE		0	0	20,096
HEALTHCARE TR AMER INC CL A NEW	CL A	42225P501	461	14,122	SH		SOLE		0	0	14,122
HEMP INC COM NEW	COM	423703206	1	20,000	SH		SOLE		0	0	20,000
HEWLETT PACKARD ENTERPRISE CO COM	COM	42824C109	255	11,199	SH		SOLE		0	0	11,199
HOME BANCSHARES INC COM	COM	436893200	201	9,668	SH		SOLE		0	0	9,668
HOME DEPOT INC COM	COM	437076102	657	5,104	SH		SOLE		0	0	5,104
HONEYWELL INTL INC COM	COM	438516106	382	3,274	SH		SOLE		0	0	3,274
HORIZON TECHNOLOGY FIN CORP COM	COM	44045A102	164	12,090	SH		SOLE		0	0	12,090
HP INC COM	COM	40434L105	210	13,507	SH		SOLE		0	0	13,507
HUMANA INC COM	COM	444859102	342	1,936	SH		SOLE		0	0	1,936
HUNTINGTON BANCSHARES INC COM	COM	446150104	122	12,361	SH		SOLE		0	0	12,361
INTEL CORP COM	COM	458140100	1,045	27,681	SH		SOLE		0	0	27,681
INTERNATIONAL BUS MACH CALL OCT00150000	COM	459200101	8	8	SH	Call	SOLE		0	0	8
INTERNATIONAL BUSINESS MACHS COM	COM	459200101	774	4,876	SH		SOLE		0	0	4,876
INTUIT COM	COM	461202103	268	2,435	SH		SOLE		0	0	2,435
INVESCO MUN OPPORTUNITY TR COM	COM	46132C107	359	25,213	SH		SOLE		0	0	25,213
INVESCO SR INCOME TR COM	COM	46131H107	73	16,854	SH		SOLE		0	0	16,854
ISHARES GOLD TRUST ISHARES	GOLD TRUST ISHARES	464285105	983	77,501	SH		SOLE		0	0	77,501
ISHARES INC MIN VOL GBL ETF	VOL GBL ETF	464286525	877	11,510	SH		SOLE		0	0	11,510
ISHARES MSCI MALAYSI ETF	MSCI MALAYSI ETF	464286830	99	12,188	SH		SOLE		0	0	12,188
ISHARES SILVER TRUST ISHARES	SILVER TRUST ISHARES	46428Q109	378	20,783	SH		SOLE		0	0	20,783
ISHARES TR CONSER ALLOC ETF	CONSER ALLOC ETF	464289883	215	6,441	SH		SOLE		0	0	6,441
ISHARES TR CORE S&P SCP ETF	CORE S&P SCP ETF	464287804	420	3,383	SH		SOLE		0	0	3,383
ISHARES TR CORE S&P TTL STK	CORE S&P TTL STK	464287150	400	8,068	SH		SOLE		0	0	8,068
ISHARES TR CORE S&P500 ETF	CORE S&P500 ETF	464287200	1,163	5,343	SH		SOLE		0	0	5,343
ISHARES TR CORE US AGGBD ET	CORE US AGGBD ET	464287226	4,378	38,944	SH		SOLE		0	0	38,944
ISHARES TR EAFE GRWTH ETF	EAFE GRWTH ETF	464288885	815	11,922	SH		SOLE		0	0	11,922
ISHARES TR GLOB HLTHCRE ETF	GLOB HLTHCRE ETF	464287325	475	4,713	SH		SOLE		0	0	4,713
ISHARES TR INTRM TR CRP ETF	INTRM TR CRP ETF	464288638	384	3,451	SH		SOLE		0	0	3,451
ISHARES TR MBS ETF	MBS ETF	464288588	505	4,589	SH		SOLE		0	0	4,589
ISHARES TR MIN VOL USA ETF	MIN VOL USA ETF	46429B697	3,208	70,611	SH		SOLE		0	0	70,611
ISHARES TR MRG RL ES CP ETF	MRG RL ES CP ETF	464288539	228	21,700	SH		SOLE		0	0	21,700
ISHARES TR MRNGSTR LG-CP GR	MRNGSTR LG-CP GR	464287119	1,409	11,553	SH		SOLE		0	0	11,553
ISHARES TR MSCI EAFE ETF	MSCI EAFE ETF	464287465	270	4,571	SH		SOLE		0	0	4,571
ISHARES TR NASDAQ BIOTECH	NASDAQ BIOTECH	464287556	815	2,816	SH		SOLE		0	0	2,816
ISHARES TR RUS 2000 GRW ETF	RUS 2000 GRW ETF	464287648	220	1,477	SH		SOLE		0	0	1,477
ISHARES TR RUSSELL 3000 ETF	RUSSELL 3000 ETF	464287689	308	2,406	SH		SOLE		0	0	2,406
ISHARES TR S&P US PFD STK	S&P US PFD STK	464288687	229	5,793	SH		SOLE		0	0	5,793
ISHARES TR SELECT DIVID ETF	SELECT DIVID ETF	464287168	606	7,076	SH		SOLE		0	0	7,076
ISHARES TR SH TR CRPORT ETF	SH TR CRPORT ETF	464288646	4,153	39,273	SH		SOLE		0	0	39,273
ISHARES TR U.S. FINLS ETF	U.S. FINLS ETF	464287788	1,646	18,291	SH		SOLE		0	0	18,291
ISHARES TR U.S. MED DVC ETF	U.S. MED DVC ETF	464288810	249	1,715	SH		SOLE		0	0	1,715
JOHNSON & JOHNSON COM	COM	478160104	2,404	20,351	SH		SOLE		0	0	20,351
JPMORGAN CHASE & CO CALL JAN00090000	COM	46625H100	0	1	SH	Call	SOLE		0	0	1
JPMORGAN CHASE & CO PUT AUG00043000	COM	46625H100	0	6	SH	Put	SOLE		0	0	6
JPMORGAN CHASE & CO COM	COM	46625H100	807	12,114	SH		SOLE		0	0	12,114
KINDER MORGAN INC DEL COM	COM	49456B101	261	11,304	SH		SOLE		0	0	11,304
KRAFT HEINZ CO COM	COM	500754106	267	2,984	SH		SOLE		0	0	2,984
KRAIG BIOCRAFT LABORATORIES IN COM	COM	50075W104	1	23,500	SH		SOLE		0	0	23,500
MANNING & NAPIER INC CL A	CL A	56382Q102	296	41,713	SH		SOLE		0	0	41,713
MASTERCARD INCORPORATED CL A	CL A	57636Q104	406	3,992	SH		SOLE		0	0	3,992
MCDONALDS CORP COM	CL A	580135101	709	6,149	SH		SOLE		0	0	6,149
MCEWEN MNG INC CALL MAY00003000	COM	58039P107	1	100	SH	Call	SOLE		0	0	100
MCEWEN MNG INC COM	COM	58039P107	1,185	322,834	SH		SOLE		0	0	322,834
MERCK & CO INC COM	COM	58933Y105	750	12,017	SH		SOLE		0	0	12,017
METLIFE INC COM	COM	59156R108	209	4,700	SH		SOLE		0	0	4,700
MICROSOFT CORP CALL NOV00060000	COM	594918104	1	7	SH	Call	SOLE		0	0	7
MICROSOFT CORP COM	COM	594918104	1,453	25,223	SH		SOLE		0	0	25,223
NETFLIX INC COM	COM	64110L106	1,096	11,126	SH		SOLE		0	0	11,126
NEXTERA ENERGY INC COM	COM	65339F101	254	2,076	SH		SOLE		0	0	2,076
NIKE INC CL B	CL B	654106103	490	9,314	SH		SOLE		0	0	9,314
NORTHROP GRUMMAN CORP COM	COM	666807102	215	1,003	SH		SOLE		0	0	1,003
NUVEEN PFD & INCM SECURTIES FD COM	COM	67072C105	2,670	278,422	SH		SOLE		0	0	278,422
NVIDIA CORP COM	COM	67066G104	419	6,111	SH		SOLE		0	0	6,111
O REILLY AUTOMOTIVE INC NEW COM	COM	67103H107	494	1,762	SH		SOLE		0	0	1,762
OLD REP INTL CORP COM	COM	680223104	281	15,942	SH		SOLE		0	0	15,942
OMEGA HEALTHCARE INVS INC COM	COM	681936100	852	24,043	SH		SOLE		0	0	24,043
ORACLE CORP CALL DEC00040000	COM	68389X105	0	5	SH	Call	SOLE		0	0	5
ORACLE CORP COM	COM	68389X105	355	9,034	SH		SOLE		0	0	9,034
PALO ALTO NETWORKS INC COM	COM	697435105	297	1,861	SH		SOLE		0	0	1,861
PAYPAL HLDGS INC COM	COM	70450Y103	202	4,931	SH		SOLE		0	0	4,931
PEPSICO INC PUT JAN00105000	COM	713448108	1	7	SH	Put	SOLE		0	0	7
PEPSICO INC COM	COM	713448108	472	4,335	SH		SOLE		0	0	4,335
PFIZER INC PUT AUG00027000	COM	717081103	0	3	SH	Put	SOLE		0	0	3
PFIZER INC COM	COM	717081103	370	10,909	SH		SOLE		0	0	10,909
PHILIP MORRIS INTL INC COM	COM	718172109	282	2,898	SH		SOLE		0	0	2,898
PHILLIPS 66 COM	COM	718546104	316	3,922	SH		SOLE		0	0	3,922
PIEDMONT OFFICE REALTY TR INC COM CL A	COM CL A	720190206	232	10,660	SH		SOLE		0	0	10,660
PIMCO ETF TR 0-5 HIGH YIELD	TR 0-5 HIGH YIELD	72201R783	411	4,132	SH		SOLE		0	0	4,132
PIMCO FDS INCOME FD CL D	INCOME FD CL D	72201F458	1,061	88,011	SH		SOLE		0	0	88,011
PIMCO INCOME STRATEGY FUND II COM	INCOME STRATEGY FUND II COM	72201J104	296	31,086	SH		SOLE		0	0	31,086
PIMCO STRATEGIC INCOME FD INC COM	STRATEGIC INCOME FD INC COM	72200X104	228	22,650	SH		SOLE		0	0	22,650
POWERSHARES ETF TR II PFD PORTFOLIO	TR II PFD PORTFOLIO	73936T565	949	62,702	SH		SOLE		0	0	62,702
POWERSHARES ETF TR II PWRSHS SP500 LOW	TR II PWRSHS SP500 LOW	73937B654	11,602	298,177	SH		SOLE		0	0	298,177
POWERSHARES ETF TRUST DWA MOMENTUM PTF	TRUST DWA MOMENTUM PTF	73935X153	369	8,700	SH		SOLE		0	0	8,700
POWERSHARES ETF TRUST S&P 500 QLTY PRT	TRUST S&P 500 QLTY PRT	73935X682	538	21,379	SH		SOLE		0	0	21,379
POWERSHARES QQQ TRUST UNIT SER 1	QQQ TRUST UNIT SER 1	73935A104	728	6,128	SH		SOLE		0	0	6,128
PROCTER & GAMBLE CO CALL JAN00092500	COM	742718109	0	1	SH	Call	SOLE		0	0	1
PROCTER & GAMBLE CO PUT JAN00087500	COM	742718109	1	4	SH	Put	SOLE		0	0	4
PROCTER AND GAMBLE CO COM	COM	742718109	2,411	26,862	SH		SOLE		0	0	26,862
PROSHARES TR II ULT BLMBG CD OIL	TR II ULT BLMBG CD OIL	74347W320	235	22,675	SH		SOLE		0	0	22,675
PROSHARES TR PSHS SHORT DOW30	TR PSHS SHORT DOW30	74347R701	236	11,383	SH		SOLE		0	0	11,383
PROSHARES TR PSHS ULT S&P 500	TR PSHS ULT S&P 500	74347R107	530	7,470	SH		SOLE		0	0	7,470
PROSHARES TR PSHS ULTRUSS2000	TR PSHS ULTRUSS2000	74347R842	491	5,175	SH		SOLE		0	0	5,175
PROSHARES TR RUSS 2000 DIVD	TR RUSS 2000 DIVD	74347B698	364	7,627	SH		SOLE		0	0	7,627
PROSHARES TR S&P 500 DV ARIST	TR S&P 500 DV ARIST	74348A467	228	4,190	SH		SOLE		0	0	4,190
PROSHARES TR SHORT QQQ NEW	TR SHORT QQQ NEW	74347B714	323	6,797	SH		SOLE		0	0	6,797
PROSHARES TR SHORT S&P 500 NE	TR SHORT S&P 500 NE	74347B425	219	5,754	SH		SOLE		0	0	5,754
PROSPECT CAPITAL CORPORATION COM	COM	74348T102	437	54,005	SH		SOLE		0	0	54,005
QUALCOMM INC COM	COM	747525103	567	8,281	SH		SOLE		0	0	8,281
RAVEN INDS INC COM	COM	754212108	242	10,505	SH		SOLE		0	0	10,505
RETAIL PPTYS AMER INC CL A	CL A	76131V202	202	12,024	SH		SOLE		0	0	12,024
ROYAL DUTCH SHELL PLC SPONS ADR A	SPONS ADR A	780259206	864	17,260	SH		SOLE		0	0	17,260
RYDEX ETF TRUST GUG S&P MC400 PG	ETF TRUST GUG S&P MC400 PG	78355W601	272	2,185	SH		SOLE		0	0	2,185
RYDEX ETF TRUST GUG S&P SC600 PV	ETF TRUST GUG S&P SC600 PV	78355W700	335	5,328	SH		SOLE		0	0	5,328
RYDEX ETF TRUST GUG S&P500 EWCON	ETF TRUST GUG S&P SC600 PV	78355W874	7,766	63,456	SH		SOLE		0	0	63,456
RYDEX ETF TRUST GUG S&P500 PU GR	ETF TRUST GUG S&P500 PU GR	78355W403	624	7,413	SH		SOLE		0	0	7,413
RYDEX ETF TRUST GUG S&P500 PU VA	ETF TRUST GUG S&P500 PU VA	78355W304	348	6,588	SH		SOLE		0	0	6,588
SALESFORCE COM INC COM	COM	79466L302	420	5,883	SH		SOLE		0	0	5,883
SEAGATE TECHNOLOGY CALL NOV00035000	PLC SHS	G7945M107	3	6	SH	Call	SOLE		0	0	6
SEAGATE TECHNOLOGY PLC SHS	PLC SHS	G7945M107	310	8,040	SH		SOLE		0	0	8,040
SELECT SECTOR SPDR TR SBI CONS DISCR	SPDR TR SBI CONS DISCR	81369Y407	1,295	16,185	SH		SOLE		0	0	16,185
SELECT SECTOR SPDR TR SBI CONS STPLS	SPDR TR SBI CONS STPLS	81369Y308	294	5,531	SH		SOLE		0	0	5,531
SELECT SECTOR SPDR TR SBI HEALTHCARE	SPDR TR SBI HEALTHCARE	81369Y209	1,411	19,570	SH		SOLE		0	0	19,570
SELECT SECTOR SPDR TR SBI INT-FINL	SPDR TR SBI INT-FINL	81369Y605	211	10,936	SH		SOLE		0	0	10,936
SECTOR SPDR-UTILITIES CALL JAN00041000	SPDR TR SBI INT-UTILS	81369Y886	0	1	SH	Call	SOLE		0	0	1
SELECT SECTOR SPDR TR SBI INT-UTILS	SPDR TR SBI INT-UTILS	81369Y886	786	16,041	SH		SOLE		0	0	16,041
SELECT SECTOR SPDR TR TECHNOLOGY	SPDR TR TECHNOLOGY	81369Y803	393	8,231	SH		SOLE		0	0	8,231
SHERWIN WILLIAMS CO COM	COM	824348106	598	2,163	SH		SOLE		0	0	2,163
SOUTHERN CO COM	COM	842587107	825	16,083	SH		SOLE		0	0	16,083
SOUTHWEST AIRLS CO COM	COM	844741108	332	8,530	SH		SOLE		0	0	8,530
SPDR DOW JONES INDL AVRG ETF UT SER 1	DOW JONES INDL AVRG ETF UT SER 1	78467X109	481	2,632	SH		SOLE		0	0	2,632
SPDR GOLD TRUST GOLD SHS	GOLD TRUST GOLD SHS	78463V107	1,263	10,052	SH		SOLE		0	0	10,052
SPDR S&P 500 ETF TR TR UNIT	S&P 500 ETF TR TR UNIT	78462F103	9,208	42,570	SH		SOLE		0	0	42,570
SPDR SERIES TRUST BLOOMBERG BRCLYS	SERIES TRUST BLOOMBERG BRCLYS	78464A417	251	6,824	SH		SOLE		0	0	6,824
SPDR SERIES TRUST S&P DIVID ETF	SERIES TRUST S&P DIVID ETF	78464A763	666	7,895	SH		SOLE		0	0	7,895
SSGA ACTIVE ETF TR BLKSTN GSOSRLN	ACTIVE ETF TR BLKSTN GSOSRLN	78467V608	788	16,660	SH		SOLE		0	0	16,660
STARBUCKS CORP CALL JAN00070000	COM	855244109	0	1	SH	Call	SOLE		0	0	1
STARBUCKS CORP COM	COM	855244109	1,509	27,875	SH		SOLE		0	0	27,875
STARWOOD PPTY TR INC COM	COM	85571B105	421	18,715	SH		SOLE		0	0	18,715
STEMCELLS INC COM	COM	85857R303	15	11,265	SH		SOLE		0	0	11,265
TANZANIAN ROYALTY EXPL CORP COM	COM	87600U104	28	35,000	SH		SOLE		0	0	35,000
TARGET CORP COM	COM	87612E106	723	10,527	SH		SOLE		0	0	10,527
TESORO CORP COM	COM	881609101	253	3,174	SH		SOLE		0	0	3,174
TEXAS INSTRS INC COM	COM	882508104	261	3,714	SH		SOLE		0	0	3,714
THERMO FISHER SCIENTIFIC INC COM	COM	883556102	256	1,609	SH		SOLE		0	0	1,609
TIME WARNER INC COM NEW	COM	887317303	274	3,442	SH		SOLE		0	0	3,442
TRACTOR SUPPLY CO COM	COM	892356106	305	4,533	SH		SOLE		0	0	4,533
TRANSDIGM GROUP INC COM	COM	893641100	202	700	SH		SOLE		0	0	700
TWITTER INC COM	COM	90184L102	406	17,622	SH		SOLE		0	0	17,622
UBS AG LONDON BRH ETRACS MTH2XRE	ETRACS MTH2XRE	90269A302	178	11,272	SH		SOLE		0	0	11,272
UNDER ARMOR INC CALL JAN00140000	CL A	904311107	1	6	SH	Call	SOLE		0	0	6
UNDER ARMOUR INC CL A	CL A	904311107	333	8,603	SH		SOLE		0	0	8,603
UNITED DEV FDG IV COM	COM	910187103	106	33,237	SH		SOLE		0	0	33,237
UNITED HEALTH PRODS INC COM	COM	91059D100	1	10,049	SH		SOLE		0	0	10,049
UNITED PARCEL SERVICE CALL OCT00110000	CL B	911312106	0	5	SH	Call	SOLE		0	0	5
UNITED PARCEL SERVICE INC CL B	CL B	911312106	248	2,267	SH		SOLE		0	0	2,267
UNITED STS BRENT OIL FD LP UNIT	OIL FD LP UNIT	91167Q100	221	15,229	SH		SOLE		0	0	15,229
UNITEDHEALTH GROUP INC COM	COM	91324P102	232	1,654	SH		SOLE		0	0	1,654
VALLEY NATL BANCORP COM	COM	919794107	153	15,711	SH		SOLE		0	0	15,711
VANECK VECTORS ETF TR CALL OCT00046000	ETF TR JR GOLD MINERS E	92189F791	1	20	SH	Call	SOLE		0	0	20
VANECK VECTORS ETF TR JR GOLD MINERS E	ETF TR JR GOLD MINERS E	92189F791	674	15,212	SH		SOLE		0	0	15,212
VANGUARD BD INDEX FD INC INTERMED TERM	BD INDEX FD INC INTERMED TERM	921937819	350	3,993	SH		SOLE		0	0	3,993
VANGUARD BD INDEX FD INC SHORT TRM BOND	BD INDEX FD INC SHORT TRM BOND	921937827	1,377	17,030	SH		SOLE		0	0	17,030
VANGUARD BD INDEX FD INC TOTAL BND MRKT	BD INDEX FD INC TOTAL BND MRKT	921937835	280	3,331	SH		SOLE		0	0	3,331
VANGUARD GROUP DIV APP ETF	GROUP DIV APP ETF	921908844	2,596	30,933	SH		SOLE		0	0	30,933
VANGUARD INDEX FDS GROWTH ETF	INDEX FDS GROWTH ETF	922908736	1,609	14,330	SH		SOLE		0	0	14,330
VANGUARD INDEX FDS MCAP VL IDXVIP	INDEX FDS MCAP VL IDXVIP	922908512	311	3,324	SH		SOLE		0	0	3,324
VANGUARD INDEX FDS MID CAP ETF	INDEX FDS MID CAP ETF	922908629	697	5,384	SH		SOLE		0	0	5,384
VANGUARD INDEX FDS SM CP VAL ETF	INDEX FDS SM CP VAL ETF	922908611	233	2,101	SH		SOLE		0	0	2,101
VANGUARD INDEX FDS SMALL CP ETF	INDEX FDS SMALL CP ETF	922908751	769	6,297	SH		SOLE		0	0	6,297
VANGUARD INDEX FDS TOTAL STK MKT	INDEX FDS TOTAL STK MKT	922908769	2,096	18,829	SH		SOLE		0	0	18,829
VANGUARD INDEX FDS VALUE ETF	INDEX FDS VALUE ETF	922908744	339	3,897	SH		SOLE		0	0	3,897
VANGUARD INTL EQUITY INDEX FD FTSE EUROPE ETF	INTL EQUITY INDEX FD FTSE EUROPE ETF	922042874	234	4,792	SH		SOLE		0	0	4,792
VANGUARD INTL EQUITY INDEX FD TT WRLD ST ETF	INTL EQUITY INDEX FD TT WRLD ST ETF	922042742	246	4,038	SH		SOLE		0	0	4,038
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD	SCOTTSDALE FDS SHRT TRM CORP BD	92206C409	4,510	55,991	SH		SOLE		0	0	55,991
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF	TAX MANAGED INTL FD FTSE DEV MKT ETF	921943858	361	9,637	SH		SOLE		0	0	9,637
VANGUARD WHITEHALL FDS INC HIGH DIV YLD	WHITEHALL FDS INC HIGH DIV YLD	921946406	213	2,950	SH		SOLE		0	0	2,950
VANGUARD WORLD FDS ENERGY ETF	WORLD FDS ENERGY ETF	92204A306	485	4,967	SH		SOLE		0	0	4,967
VEREIT INC COM	COM	92339V100	109	10,480	SH		SOLE		0	0	10,480
VERIZON COMMUNICATIONS INC COM	COM	92343V104	1,805	34,718	SH		SOLE		0	0	34,718
VISA INC CALL DEC00077500	CL A	92826C839	1	1	SH	Call	SOLE		0	0	1
VISA INC COM CL A	CL A	92826C839	896	10,840	SH		SOLE		0	0	10,840
WADDELL & REED FINL INC CL A	CL A	930059100	462	25,415	SH		SOLE		0	0	25,415
WALMART INC COM	COM	931142103	1,621	22,483	SH		SOLE		0	0	22,483
WELLS FARGO CO NEW COM	COM	949746101	819	18,490	SH		SOLE		0	0	18,490
WESTERN ASSET EMRG MKT DEBT FD COM	COM	95766A101	328	20,150	SH		SOLE		0	0	20,150
WESTPAC BKG CORP SPONSORED ADR	SPONSORED ADR	961214301	469	20,638	SH		SOLE		0	0	20,638
WISDOMTREE TR US LARGECAP DIVD	TR US LARGECAP DIVD	97717W307	1,075	13,958	SH		SOLE		0	0	13,958
WISDOMTREE TR US MIDCAP DIVID	TR US MIDCAP DIVID	97717W505	835	9,185	SH		SOLE		0	0	9,185
WISDOMTREE TR US QTLY DIV GRT	TR US QTLY DIV GRT	97717X669	867	26,856	SH		SOLE		0	0	26,856
WOODWARD INC COM	COM	980745103	350	5,608	SH		SOLE		0	0	5,608
YUM BRANDS INC COM	COM	988498101	252	2,771	SH		SOLE		0	0	2,771
ZYNGA INC CL A	CL A	98986T108	49	17,000	SH		SOLE		0	0	17,000