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 |
Consumer Discretionary Select Sector SPDR | SBI CONS DISCR | 81369Y407 | 6,991 | 37,792 | SH | | SOLE | NONE | 37,792 | 0 | 0 |
Consumer Staples Select Sector SPDR | SBI CONS STPLS | 81369Y308 | 7,005 | 92,310 | SH | | SOLE | NONE | 92,310 | 0 | 0 |
Energy Select Sector SPDR | ENERGY | 81369Y506 | 6,991 | 91,464 | SH | | SOLE | NONE | 91,464 | 0 | 0 |
Fidelity Limited Term Bond ETF | LTD TRM BD ETF | 316188200 | 2,625 | 52,762 | SH | | SOLE | NONE | 52,762 | 0 | 0 |
Fidelity MSCI Consumer Discretionary ETF | MSCI CONSM DIS | 316092204 | 252 | 3,126 | SH | | SOLE | NONE | 3,126 | 0 | 0 |
Fidelity MSCI Financials Index ETF | MSCI FINLS IDX | 316092501 | 7,013 | 129,514 | SH | | SOLE | NONE | 129,514 | 0 | 0 |
Fidelity MSCI Health Care Index ETF | MSCI HLTH CARE I | 316092600 | 207 | 3,156 | SH | | SOLE | NONE | 3,156 | 0 | 0 |
Fidelity MSCI Information Technology ETF | MSCI INFO TECH I | 316092808 | 7,001 | 56,878 | SH | | SOLE | NONE | 56,878 | 0 | 0 |
Fidelity MSCI Materials Index ETF | MSCI MATLS INDEX | 316092881 | 6,991 | 140,731 | SH | | SOLE | NONE | 140,731 | 0 | 0 |
Fidelity MSCI Utilities Index ETF | MSCI UTILS INDEX | 316092865 | 6,991 | 145,900 | SH | | SOLE | NONE | 145,900 | 0 | 0 |
HealthCare Select Sector SPDR | SBI HEALTHCARE | 81369Y209 | 6,991 | 51,036 | SH | | SOLE | NONE | 51,036 | 0 | 0 |
Industrial Select Sector SPDR | SBI INT-INDS | 81369Y704 | 6,991 | 67,892 | SH | | SOLE | NONE | 67,892 | 0 | 0 |
iShares 10-20 Year Treasury Bond ETF | 10-20 YR TRS ETF | 464288653 | 474 | 3,521 | SH | | SOLE | NONE | 3,521 | 0 | 0 |
iShares Agency Bond ETF | AGENCY BOND ETF | 464288166 | 2,909 | 25,904 | SH | | SOLE | NONE | 25,904 | 0 | 0 |
iShares Aggregate Bond ETF | CORE US AGGBD ET | 464287226 | 3,985 | 37,213 | SH | | SOLE | NONE | 37,213 | 0 | 0 |
iShares Barclays 7-10 Year Treasury Bond ETF | BARCLAYS 7 10 YR | 464287440 | 3,511 | 32,674 | SH | | SOLE | NONE | 32,674 | 0 | 0 |
iShares Government/Credit Bond ETF | GOV/CRED BD ETF | 464288596 | 3,985 | 35,131 | SH | | SOLE | NONE | 35,131 | 0 | 0 |
iShares Residential and Multisector Real Estate ETF | RESIDENTIAL MULT | 464288562 | 1,076 | 11,223 | SH | | SOLE | NONE | 11,223 | 0 | 0 |
iShares Russell 1000 Value Index ETF | RUS 1000 VAL ETF | 464287598 | 474 | 2,856 | SH | | SOLE | NONE | 2,856 | 0 | 0 |
iShares S&P Global 100 Index ETF | GLOBAL 100 ETF | 464287572 | 1,076 | 14,155 | SH | | SOLE | NONE | 14,155 | 0 | 0 |
iShares S&P Global Information Technology Se | GLOBAL TECH ETF | 464287291 | 474 | 8,172 | SH | | SOLE | NONE | 8,172 | 0 | 0 |
NuShares Enhanced Yield U.S. Aggregate Bond ETF | NUVEEN ENHNC YLD | 67092P102 | 6,143 | 267,571 | SH | | SOLE | NONE | 267,571 | 0 | 0 |
Real Estate Select Sector SPDR ETF | RL EST SEL SEC | 81369Y860 | 6,991 | 144,692 | SH | | SOLE | NONE | 144,692 | 0 | 0 |
Schwab US TIPS ETF | US TIPS ETF | 808524870 | 2,592 | 42,704 | SH | | SOLE | NONE | 42,704 | 0 | 0 |
SPDR Aggregate Bond ETF | PORTFOLIO AGRGTE | 78464A649 | 13,827 | 497,562 | SH | | SOLE | NONE | 497,562 | 0 | 0 |
SPDR Portfolio Intermediate Term Corporate Bond ETF | PORTFOLIO INTRMD | 78464A375 | 2,909 | 85,186 | SH | | SOLE | NONE | 85,186 | 0 | 0 |
SPDR Portfolio TIPS ETF | PORTFLI TIPS ETF | 78464A656 | 602 | 19,908 | SH | | SOLE | NONE | 19,908 | 0 | 0 |
Technology Select Sector SPDR | TECHNOLOGY | 81369Y803 | 4,199 | 26,414 | SH | | SOLE | NONE | 26,414 | 0 | 0 |
Vanguard Developed Markets ETF | FTSE DEV MKT ETF | 921943858 | 4,493 | 93,563 | SH | | SOLE | NONE | 93,563 | 0 | 0 |
Vanguard Emerging Markets ETF | EMERG MKT BD ETF | 921946885 | 864 | 12,370 | SH | | SOLE | NONE | 12,370 | 0 | 0 |
Vanguard FTSE All-World ex-US ETF | ALLWRLD EX US | 922042775 | 4,215 | 73,193 | SH | | SOLE | NONE | 73,193 | 0 | 0 |
Vanguard Intl Equity Index | ALLWRLD EX US | 922042775 | 275 | 2,566 | SH | | SOLE | NONE | 2,566 | 0 | 0 |
Vanguard Mid Cap ETF | MID CAP ETF | 922908629 | 4,148 | 17,441 | SH | | SOLE | NONE | 17,441 | 0 | 0 |
Vanguard Mortgage-Backed Securities ETF | MTG-BKD SECS ETF | 92206C771 | 2,909 | 58,066 | SH | | SOLE | NONE | 58,066 | 0 | 0 |
Vanguard Short-Term Treasury ETF | SHORT TERM TREAS | 92206C102 | 4,061 | 68,530 | SH | | SOLE | NONE | 68,530 | 0 | 0 |
Vanguard Small Cap ETF | SML CP GRW ETF | 922908595 | 4,148 | 16,717 | SH | | SOLE | NONE | 16,717 | 0 | 0 |
Vanguard Total World Stock ETF | TT WRLD ST ETF | 922042742 | 237 | 2,344 | SH | | SOLE | NONE | 2,344 | 0 | 0 |
WisdomTree Bloomberg U.S. Dollar Bullish Fund | BLMBG US BULL | 97717W471 | 3,985 | 150,571 | SH | | SOLE | NONE | 150,571 | 0 | 0 |
WisdomTree Emerging Markets ex State-Owned Enterprises Fund ETF | EM EX ST-OWNED | 97717X578 | 4,584 | 140,043 | SH | | SOLE | NONE | 140,043 | 0 | 0 |