Bailard 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
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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
3M CO	COM	88579Y101	3,012	14,350	SH		SOLE		14,350	0	0
ABBOTT LABS	COM	002824100	667	12,496	SH		SOLE		12,496	0	0
ABBVIE INC	COM	00287Y109	448	5,040	SH		SOLE		5,040	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	9,545	70,664	SH		SOLE		70,664	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	975	15,110	SH		SOLE		15,110	0	0
ADOBE SYS INC	COM	00724F101	1,105	7,407	SH		SOLE		7,407	0	0
AERIE PHARMACEUTICALS INC	COM	00771V108	838	17,250	SH		SOLE		17,250	0	0
AGREE REALTY CORP	COM	008492100	274	5,590	SH		SOLE		5,590	0	0
AIR PRODS & CHEMS INC	COM	009158106	222	1,470	SH		SOLE		1,470	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	316	2,660	SH		SOLE		2,660	0	0
ALLSTATE CORP	COM	020002101	2,857	31,082	SH		SOLE		31,082	0	0
ALPHABET INC	CAP STK CL A	02079K305	13,411	13,773	SH		SOLE		13,773	0	0
ALPHABET INC	CAP STK CL C	02079K107	6,948	7,244	SH		SOLE		7,244	0	0
ALTRIA GROUP INC	COM	02209S103	255	4,016	SH		SOLE		4,016	0	0
AMAZON COM INC	COM	023135106	1,756	1,827	SH		SOLE		1,827	0	0
AMERICAN EXPRESS CO	COM	025816109	1,024	11,318	SH		SOLE		11,318	0	0
AMGEN INC	COM	031162100	856	4,592	SH		SOLE		4,592	0	0
ANWORTH MORTGAGE ASSET CP	COM	037347101	87	14,516	SH		SOLE		14,516	0	0
APARTMENT INVT & MGMT CO	PFD CL A 6.875%	03748R762	669	25,000	SH		SOLE		25,000	0	0
APPLE INC	COM	037833100	26,749	173,558	SH		SOLE		173,558	0	0
APPLIED MATLS INC	COM	038222105	4,061	77,968	SH		SOLE		77,968	0	0
AT&T INC	COM	00206R102	624	15,927	SH		SOLE		15,927	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	606	5,539	SH		SOLE		5,539	0	0
AUTOZONE INC	COM	053332102	1,056	1,775	SH		SOLE		1,775	0	0
AVADEL PHARMACEUTICALS PLC	SPONSORED ADR	05337M104	1,481	141,000	SH		SOLE		141,000	0	0
BALL CORP	COM	058498106	1,753	42,457	SH		SOLE		42,457	0	0
BANCO SANTANDER BRASIL S A	ADS REP 1 UNIT	05967A107	301	34,400	SH		SOLE		34,400	0	0
BANK AMER CORP	COM	060505104	589	23,246	SH		SOLE		23,246	0	0
BARD C R INC	COM	067383109	280	875	SH		SOLE		875	0	0
BECTON DICKINSON & CO	COM	075887109	333	1,700	SH		SOLE		1,700	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	275	1	SH		SOLE		1	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,515	8,264	SH		SOLE		8,264	0	0
BEST BUY INC	COM	086516101	1,116	19,591	SH		SOLE		19,591	0	0
BIODELIVERY SCIENCES INTL IN	COM	09060J106	1,646	558,000	SH		SOLE		558,000	0	0
BLACKROCK INC	COM	09247X101	5,388	12,052	SH		SOLE		12,052	0	0
BLACKSTONE GROUP L P	COM UNIT LTD	09253U108	575	17,220	SH		SOLE		17,220	0	0
BOEING CO	COM	097023105	389	1,530	SH		SOLE		1,530	0	0
BRISTOL MYERS SQUIBB CO	COM	110122108	4,087	64,113	SH		SOLE		64,113	0	0
BRITISH AMERN TOB PLC	SPONSORED ADR	110448107	256	4,094	SH		SOLE		4,094	0	0
CAPITAL ONE FINL CORP	COM	14040H105	625	7,388	SH		SOLE		7,388	0	0
CATERPILLAR INC DEL	COM	149123101	314	2,519	SH		SOLE		2,519	0	0
CELGENE CORP	COM	151020104	201	1,379	SH		SOLE		1,379	0	0
CF INDS HLDGS INC	COM	125269100	235	6,680	SH		SOLE		6,680	0	0
CHEVRON CORP NEW	COM	166764100	2,104	17,904	SH		SOLE		17,904	0	0
CINCINNATI FINL CORP	COM	172062101	208	2,720	SH		SOLE		2,720	0	0
CISCO SYS INC	COM	17275R102	8,362	248,632	SH		SOLE		248,632	0	0
CITIGROUP INC	COM NEW	172967424	442	6,083	SH		SOLE		6,083	0	0
CITIZENS FINL GROUP INC	COM	174610105	3,734	98,593	SH		SOLE		98,593	0	0
COCA COLA CO	COM	191216100	482	10,708	SH		SOLE		10,708	0	0
COLGATE PALMOLIVE CO	COM	194162103	5,454	74,873	SH		SOLE		74,873	0	0
COMCAST CORP NEW	CL A	20030N101	3,469	90,149	SH		SOLE		90,149	0	0
CONOCOPHILLIPS	COM	20825C104	3,212	64,181	SH		SOLE		64,181	0	0
CORE LABORATORIES N V	COM	N22717107	1,114	11,284	SH		SOLE		11,284	0	0
CORPORATE OFFICE PPTYS TR	SH BEN INT	22002T108	200	6,100	SH		SOLE		6,100	0	0
COSTCO WHSL CORP NEW	COM	22160K105	5,724	34,843	SH		SOLE		34,843	0	0
CRANE CO	COM	224399105	3,604	45,053	SH		SOLE		45,053	0	0
CREDICORP LTD	COM	G2519Y108	268	1,309	SH		SOLE		1,309	0	0
CROWN HOLDINGS INC	COM	228368106	3,376	56,523	SH		SOLE		56,523	0	0
CUBESMART	COM	229663109	222	8,550	SH		SOLE		8,550	0	0
CUMMINS INC	COM	231021106	2,957	17,598	SH		SOLE		17,598	0	0
CVS HEALTH CORP	COM	126650100	4,923	60,533	SH		SOLE		60,533	0	0
CYRUSONE INC	COM	23283R100	652	11,058	SH		SOLE		11,058	0	0
DANAHER CORP DEL	COM	235851102	4,893	57,047	SH		SOLE		57,047	0	0
DIGITAL RLTY TR INC	COM	253868103	416	3,518	SH		SOLE		3,518	0	0
DISCOVER FINL SVCS	COM	254709108	6,108	94,732	SH		SOLE		94,732	0	0
DISH NETWORK CORP	CL A	25470M109	950	17,524	SH		SOLE		17,524	0	0
DISNEY WALT CO	COM DISNEY	254687106	6,549	66,443	SH		SOLE		66,443	0	0
DOWDUPONT INC	COM	26078J100	574	8,292	SH		SOLE		8,292	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	237	2,830	SH		SOLE		2,830	0	0
E TRADE FINANCIAL CORP	COM NEW	269246401	243	5,573	SH		SOLE		5,573	0	0
ECOLAB INC	COM	278865100	740	5,757	SH		SOLE		5,757	0	0
EMCOR GROUP INC	COM	29084Q100	745	10,739	SH		SOLE		10,739	0	0
ENBRIDGE INC	COM	29250N105	722	17,249	SH		SOLE		17,249	0	0
EOG RES INC	COM	26875P101	5,334	55,135	SH		SOLE		55,135	0	0
EPR PPTYS	COM SH BEN INT	26884U109	287	4,118	SH		SOLE		4,118	0	0
ESPERION THERAPEUTICS INC NE	COM	29664W105	3,173	63,300	SH		SOLE		63,300	0	0
ESSEX PPTY TR INC	COM	297178105	264	1,039	SH		SOLE		1,039	0	0
EXTENDED STAY AMER INC	UNIT 99/99/9999B	30224P200	1,115	55,756	SH		SOLE		55,756	0	0
EXXON MOBIL CORP	COM	30231G102	2,667	32,527	SH		SOLE		32,527	0	0
FACEBOOK INC	CL A	30303M102	21,213	124,149	SH		SOLE		124,149	0	0
FASTENAL CO	COM	311900104	1,790	39,266	SH		SOLE		39,266	0	0
FIDELITY	MSCI ENERGY IDX	316092402	429	22,660	SH		SOLE		22,660	0	0
FIRST REP BK SAN FRANCISCO C	COM	33616C100	382	3,657	SH		SOLE		3,657	0	0
FORD MTR CO DEL	COM PAR $0.01	345370860	221	18,428	SH		SOLE		18,428	0	0
FORTIVE CORP	COM	34959J108	2,840	40,113	SH		SOLE		40,113	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	2,581	183,815	SH		SOLE		183,815	0	0
GARTNER INC	COM	366651107	203	1,633	SH		SOLE		1,633	0	0
GENERAL DYNAMICS CORP	COM	369550108	1,206	5,865	SH		SOLE		5,865	0	0
GENERAL ELECTRIC CO	COM	369604103	804	33,255	SH		SOLE		33,255	0	0
GENERAL MLS INC	COM	370334104	314	6,060	SH		SOLE		6,060	0	0
GILEAD SCIENCES INC	COM	375558103	3,628	44,776	SH		SOLE		44,776	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	11,124	556,487	SH		SOLE		556,487	0	0
GLOBAL BLOOD THERAPEUTICS IN	COM	37890U108	1,419	45,700	SH		SOLE		45,700	0	0
GUIDEWIRE SOFTWARE INC	COM	40171V100	1,460	18,749	SH		SOLE		18,749	0	0
HDFC BANK LTD	ADR REPS 3 SHS	40415F101	335	3,478	SH		SOLE		3,478	0	0
HELMERICH & PAYNE INC	COM	423452101	780	14,966	SH		SOLE		14,966	0	0
HOME DEPOT INC	COM	437076102	10,277	62,831	SH		SOLE		62,831	0	0
HONEYWELL INTL INC	COM	438516106	864	6,096	SH		SOLE		6,096	0	0
HP INC	COM	40434L105	2,315	115,996	SH		SOLE		115,996	0	0
HSBC HLDGS PLC	SPON ADR NEW	404280406	3,975	400,388	SH		SOLE		400,388	0	0
HUMANA INC	COM	444859102	3,647	14,970	SH		SOLE		14,970	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	6,412	28,318	SH		SOLE		28,318	0	0
IGNYTA INC	COM	451731103	679	55,000	SH		SOLE		55,000	0	0
ILLINOIS TOOL WKS INC	COM	452308109	6,043	40,839	SH		SOLE		40,839	0	0
IMMUNOMEDICS INC	COM	452907108	3,872	277,000	SH		SOLE		277,000	0	0
INGERSOLL-RAND PLC	SHS	G47791101	940	10,540	SH		SOLE		10,540	0	0
INGEVITY CORP	COM	45688C107	2,776	44,436	SH		SOLE		44,436	0	0
INTEL CORP	COM	458140100	2,818	74,002	SH		SOLE		74,002	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	4,189	28,875	SH		SOLE		28,875	0	0
INTUIT	COM	461202103	337	2,371	SH		SOLE		2,371	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	2,346	43,423	SH		SOLE		43,423	0	0
ISHARES TR	1 3 YR CR BD ETF	464288646	3,834	36,391	SH		SOLE		36,391	0	0
ISHARES TR	CALIF MUN BD ETF	464288356	18,250	153,995	SH		SOLE		153,995	0	0
ISHARES TR	COHEN STEER REIT	464287564	2,195	21,810	SH		SOLE		21,810	0	0
ISHARES TR	CORE HIGH DV ETF	46429B663	364	4,230	SH		SOLE		4,230	0	0
ISHARES TR	CORE MSCI TOTAL	46432F834	244	4,000	SH		SOLE		4,000	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	12,179	68,077	SH		SOLE		68,077	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	7,243	97,591	SH		SOLE		97,591	0	0
ISHARES TR	CORE S&P500 ETF	464287200	11,064	43,745	SH		SOLE		43,745	0	0
ISHARES TR	CORE US AGGBD ET	464287226	48,105	438,958	SH		SOLE		438,958	0	0
ISHARES TR	GLB INFRASTR ETF	464288372	3,017	66,660	SH		SOLE		66,660	0	0
ISHARES TR	INTRM GOV CR ETF	464288612	6,045	54,510	SH		SOLE		54,510	0	0
ISHARES TR	INTRMD CR BD ETF	464288638	921	8,362	SH		SOLE		8,362	0	0
ISHARES TR	MSCI ACWI EX US	464288240	7,282	150,620	SH		SOLE		150,620	0	0
ISHARES TR	MSCI EAFE ETF	464287465	62,873	918,131	SH		SOLE		918,131	0	0
ISHARES TR	MSCI EMG MKT ETF	464287234	53,164	1,186,445	SH		SOLE		1,186,445	0	0
ISHARES TR	MSCI KLD400 SOC	464288570	279	3,000	SH		SOLE		3,000	0	0
ISHARES TR	MSCI USA ESG SLC	464288802	936	8,957	SH		SOLE		8,957	0	0
ISHARES TR	N AMER TECH ETF	464287549	3,873	24,941	SH		SOLE		24,941	0	0
ISHARES TR	NASDAQ BIOTECH	464287556	474	1,421	SH		SOLE		1,421	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	1,340	12,085	SH		SOLE		12,085	0	0
ISHARES TR	NEW YORK MUN ETF	464288323	206	1,840	SH		SOLE		1,840	0	0
ISHARES TR	RUS 2000 VAL ETF	464287630	4,578	36,881	SH		SOLE		36,881	0	0
ISHARES TR	RUS MID CAP ETF	464287499	10,739	54,473	SH		SOLE		54,473	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	1,346	9,085	SH		SOLE		9,085	0	0
ISHARES TR	S&P 100 ETF	464287101	3,114	27,979	SH		SOLE		27,979	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	3,823	26,658	SH		SOLE		26,658	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	3,706	34,347	SH		SOLE		34,347	0	0
ISHARES TR	S&P MC 400GR ETF	464287606	440	2,176	SH		SOLE		2,176	0	0
ISHARES TR	S&P MC 400VL ETF	464287705	218	1,427	SH		SOLE		1,427	0	0
ISHARES TR	SELECT DIVID ETF	464287168	1,001	10,689	SH		SOLE		10,689	0	0
ISHARES TR	SP SMCP600VL ETF	464287879	20,329	137,070	SH		SOLE		137,070	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	1,787	22,368	SH		SOLE		22,368	0	0
ITAU UNIBANCO HLDG SA	SPON ADR REP PFD	465562106	226	16,516	SH		SOLE		16,516	0	0
JOHNSON & JOHNSON	COM	478160104	12,775	98,260	SH		SOLE		98,260	0	0
JOHNSON CTLS INTL PLC	SHS	G51502105	3,658	90,780	SH		SOLE		90,780	0	0
JPMORGAN CHASE & CO	COM	46625H100	10,755	112,604	SH		SOLE		112,604	0	0
JUNO THERAPEUTICS INC	COM	48205A109	897	20,000	SH		SOLE		20,000	0	0
KAR AUCTION SVCS INC	COM	48238T109	2,050	42,931	SH		SOLE		42,931	0	0
KIMBERLY CLARK CORP	COM	494368103	5,295	44,999	SH		SOLE		44,999	0	0
KITE PHARMA INC	COM	49803L109	243	1,350	SH		SOLE		1,350	0	0
KLA-TENCOR CORP	COM	482480100	2,721	25,672	SH		SOLE		25,672	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	519	3,438	SH		SOLE		3,438	0	0
LAUDER ESTEE COS INC	CL A	518439104	334	3,096	SH		SOLE		3,096	0	0
LEAR CORP	COM NEW	521865204	4,395	25,391	SH		SOLE		25,391	0	0
LILLY ELI & CO	COM	532457108	207	2,422	SH		SOLE		2,422	0	0
LOCKHEED MARTIN CORP	COM	539830109	261	842	SH		SOLE		842	0	0
MASTERCARD INCORPORATED	CL A	57636Q104	242	1,717	SH		SOLE		1,717	0	0
MCDONALDS CORP	COM	580135101	871	5,557	SH		SOLE		5,557	0	0
MCKESSON CORP	COM	58155Q103	200	1,305	SH		SOLE		1,305	0	0
MEDTRONIC PLC	SHS	G5960L103	5,137	66,058	SH		SOLE		66,058	0	0
MERCK & CO INC	COM	58933Y105	5,206	81,301	SH		SOLE		81,301	0	0
METLIFE INC	COM	59156R108	211	4,054	SH		SOLE		4,054	0	0
MICROSOFT CORP	COM	594918104	23,609	316,945	SH		SOLE		316,945	0	0
MINERALS TECHNOLOGIES INC	COM	603158106	3,500	49,541	SH		SOLE		49,541	0	0
MONDELEZ INTL INC	CL A	609207105	298	7,330	SH		SOLE		7,330	0	0
NAVIDEA BIOPHARMACEUTICALS I	COM	63937X103	4	10,000	SH		SOLE		10,000	0	0
NCR CORP NEW	COM	62886E108	4,707	125,445	SH		SOLE		125,445	0	0
NEOVASC INC	COM	64065J106	968	569,250	SH		SOLE		569,250	0	0
NEWELL BRANDS INC	COM	651229106	3,561	83,452	SH		SOLE		83,452	0	0
NIKE INC	CL B	654106103	437	8,432	SH		SOLE		8,432	0	0
NORFOLK SOUTHERN CORP	COM	655844108	509	3,848	SH		SOLE		3,848	0	0
NORTHROP GRUMMAN CORP	COM	666807102	2,313	8,040	SH		SOLE		8,040	0	0
NUVEEN CA QUALTY MUN INCOME	COM	67066Y105	279	18,669	SH		SOLE		18,669	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	7,438	65,771	SH		SOLE		65,771	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	1,607	25,026	SH		SOLE		25,026	0	0
OCULAR THERAPEUTIX INC	COM	67576A100	907	146,752	SH		SOLE		146,752	0	0
ONE LIBERTY PPTYS INC	COM	682406103	256	10,500	SH		SOLE		10,500	0	0
ORACLE CORP	COM	68389X105	777	16,066	SH		SOLE		16,066	0	0
ORIX CORP	SPONSORED ADR	686330101	3,233	200,114	SH		SOLE		200,114	0	0
PACKAGING CORP AMER	COM	695156109	3,161	27,560	SH		SOLE		27,560	0	0
PEPSICO INC	COM	713448108	4,192	37,619	SH		SOLE		37,619	0	0
PERKINELMER INC	COM	714046109	212	3,069	SH		SOLE		3,069	0	0
PETROLEO BRASILEIRO SA PETRO	SPONSORED ADR	71654V408	235	23,429	SH		SOLE		23,429	0	0
PFIZER INC	COM	717081103	950	26,606	SH		SOLE		26,606	0	0
PG&E CORP	COM	69331C108	258	3,790	SH		SOLE		3,790	0	0
PHILIP MORRIS INTL INC	COM	718172109	461	4,149	SH		SOLE		4,149	0	0
PHILLIPS 66	COM	718546104	213	2,322	SH		SOLE		2,322	0	0
PIEDMONT OFFICE REALTY TR IN	COM CL A	720190206	224	11,100	SH		SOLE		11,100	0	0
PIONEER NAT RES CO	COM	723787107	218	1,477	SH		SOLE		1,477	0	0
PNC FINL SVCS GROUP INC	COM	693475105	9,152	67,908	SH		SOLE		67,908	0	0
POWERSHARES QQQ TRUST	UNIT SER 1	73935A104	10,604	72,904	SH		SOLE		72,904	0	0
PPG INDS INC	COM	693506107	1,377	12,671	SH		SOLE		12,671	0	0
PRAXAIR INC	COM	74005P104	2,567	18,367	SH		SOLE		18,367	0	0
PRICELINE GRP INC	COM NEW	741503403	280	153	SH		SOLE		153	0	0
PROCTER AND GAMBLE CO	COM	742718109	1,181	12,979	SH		SOLE		12,979	0	0
PROGRESSIVE CORP OHIO	COM	743315103	227	4,683	SH		SOLE		4,683	0	0
PROLOGIS INC	COM	74340W103	223	3,509	SH		SOLE		3,509	0	0
PRUDENTIAL FINL INC	COM	744320102	5,325	50,083	SH		SOLE		50,083	0	0
PUBLIC STORAGE	COM	74460D109	202	942	SH		SOLE		942	0	0
QUANTA SVCS INC	COM	74762E102	765	20,465	SH		SOLE		20,465	0	0
RAYTHEON CO	COM NEW	755111507	2,746	14,720	SH		SOLE		14,720	0	0
REGIONS FINL CORP NEW	COM	7591EP100	1,365	89,601	SH		SOLE		89,601	0	0
ROSS STORES INC	COM	778296103	220	3,410	SH		SOLE		3,410	0	0
SCHLUMBERGER LTD	COM	806857108	2,335	33,462	SH		SOLE		33,462	0	0
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	2,928	108,823	SH		SOLE		108,823	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	1,560	46,610	SH		SOLE		46,610	0	0
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	337	5,100	SH		SOLE		5,100	0	0
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	2,200	36,635	SH		SOLE		36,635	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	591	14,376	SH		SOLE		14,376	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	637	9,460	SH		SOLE		9,460	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	615	8,979	SH		SOLE		8,979	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	1,663	51,572	SH		SOLE		51,572	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	377	4,187	SH		SOLE		4,187	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	385	7,133	SH		SOLE		7,133	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	628	7,689	SH		SOLE		7,689	0	0
SELECT SECTOR SPDR TR	SBI INT-FINL	81369Y605	9,383	362,829	SH		SOLE		362,829	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	217	3,055	SH		SOLE		3,055	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	5,448	92,191	SH		SOLE		92,191	0	0
SEMPRA ENERGY	COM	816851109	433	3,797	SH		SOLE		3,797	0	0
SNAP ON INC	COM	833034101	3,916	26,277	SH		SOLE		26,277	0	0
SPARK THERAPEUTICS INC	COM	84652J103	3,620	40,600	SH		SOLE		40,600	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	54,569	448,836	SH		SOLE		448,836	0	0
SPDR INDEX SHS FDS	DJ INTL RL ETF	78463X863	3,697	96,327	SH		SOLE		96,327	0	0
SPDR INDEX SHS FDS	MSCI ACWI EXUS	78463X848	509	13,450	SH		SOLE		13,450	0	0
SPDR INDEX SHS FDS	S&P GBLINF ETF	78463X855	291	5,600	SH		SOLE		5,600	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	69,931	278,358	SH		SOLE		278,358	0	0
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	2,160	6,618	SH		SOLE		6,618	0	0
SPDR SER TR	NUVEEN BLMBRG SR	78468R739	28,522	586,877	SH		SOLE		586,877	0	0
SPDR SER TR	NUVEEN BRC MUNIC	78468R721	23,481	480,091	SH		SOLE		480,091	0	0
SPDR SER TR	SPDR S&P 500 ETF	78468R796	1,268	20,810	SH		SOLE		20,810	0	0
SPDR SERIES TRUST	BLMBRG BR 1 3 MT	78464A680	520	11,370	SH		SOLE		11,370	0	0
SPDR SERIES TRUST	BLOMBERG BRC SRT	78464A474	41,764	1,361,715	SH		SOLE		1,361,715	0	0
SPDR SERIES TRUST	S&P DIVID ETF	78464A763	338	3,701	SH		SOLE		3,701	0	0
SPROTT PHYSICAL GOLD TRUST	UNIT	85207H104	5,833	558,635	SH		SOLE		558,635	0	0
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	981	20,680	SH		SOLE		20,680	0	0
STATE STR CORP	COM	857477103	4,108	42,997	SH		SOLE		42,997	0	0
STEEL DYNAMICS INC	COM	858119100	723	20,969	SH		SOLE		20,969	0	0
STEMLINE THERAPEUTICS INC	COM	85858C107	717	64,600	SH		SOLE		64,600	0	0
STONERIDGE INC	COM	86183P102	297	15,000	SH		SOLE		15,000	0	0
STRYKER CORP	COM	863667101	5,030	35,421	SH		SOLE		35,421	0	0
SUMITOMO MITSUI FINL GROUP I	SPONSORED ADR	86562M209	3,767	98,800	SH		SOLE		98,800	0	0
SUN CMNTYS INC	COM	866674104	257	3,000	SH		SOLE		3,000	0	0
SYSCO CORP	COM	871829107	4,279	79,310	SH		SOLE		79,310	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	269	7,166	SH		SOLE		7,166	0	0
TARGET CORP	COM	87612E106	4,057	68,758	SH		SOLE		68,758	0	0
TECH DATA CORP	COM	878237106	779	8,766	SH		SOLE		8,766	0	0
TENNECO INC	COM	880349105	3,430	56,540	SH		SOLE		56,540	0	0
TEXAS INSTRS INC	COM	882508104	440	4,905	SH		SOLE		4,905	0	0
THERMO FISHER SCIENTIFIC INC	COM	883556102	6,051	31,983	SH		SOLE		31,983	0	0
TIME WARNER INC	COM NEW	887317303	6,340	61,884	SH		SOLE		61,884	0	0
TJX COS INC NEW	COM	872540109	5,576	75,623	SH		SOLE		75,623	0	0
TOYOTA MOTOR CORP	SP ADR REP2COM	892331307	3,625	60,399	SH		SOLE		60,399	0	0
TRAVELERS COMPANIES INC	COM	89417E109	1,138	9,288	SH		SOLE		9,288	0	0
TRINSEO S A	SHS	L9340P101	2,980	44,410	SH		SOLE		44,410	0	0
TUPPERWARE BRANDS CORP	COM	899896104	3,275	52,980	SH		SOLE		52,980	0	0
UNION PAC CORP	COM	907818108	5,010	43,197	SH		SOLE		43,197	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	6,558	54,613	SH		SOLE		54,613	0	0
UNITED TECHNOLOGIES CORP	COM	913017109	833	7,172	SH		SOLE		7,172	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	3,942	20,128	SH		SOLE		20,128	0	0
US BANCORP DEL	COM NEW	902973304	6,709	125,199	SH		SOLE		125,199	0	0
VALE S A	ADR	91912E105	355	35,214	SH		SOLE		35,214	0	0
VALERO ENERGY CORP NEW	COM	91913Y100	218	2,839	SH		SOLE		2,839	0	0
VANECK VECTORS ETF TR	AMT FREE SHORT M	92189F528	3,383	193,005	SH		SOLE		193,005	0	0
VANECK VECTORS ETF TR	BIOTECH ETF	92189F726	290	2,160	SH		SOLE		2,160	0	0
VANGUARD ADMIRAL FDS INC	SMLCP 600 VAL	921932778	202	1,581	SH		SOLE		1,581	0	0
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	531	4,600	SH		SOLE		4,600	0	0
VANGUARD INDEX FDS	MCAP GR IDXVIP	922908538	200	1,642	SH		SOLE		1,642	0	0
VANGUARD INDEX FDS	REIT ETF	922908553	9,754	117,389	SH		SOLE		117,389	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	7,158	56,017	SH		SOLE		56,017	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	62,591	483,250	SH		SOLE		483,250	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	14,165	268,725	SH		SOLE		268,725	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	10,270	235,720	SH		SOLE		235,720	0	0
VANGUARD INTL EQUITY INDEX F	GLB EX US ETF	922042676	331	5,566	SH		SOLE		5,566	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	11,545	131,180	SH		SOLE		131,180	0	0
VANGUARD SCOTTSDALE FDS	SHRT TRM CORP BD	92206C409	3,299	41,173	SH		SOLE		41,173	0	0
VANGUARD SCOTTSDALE FDS	VNG RUS2000VAL	92206C649	495	4,594	SH		SOLE		4,594	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	273	2,880	SH		SOLE		2,880	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	9,092	209,435	SH		SOLE		209,435	0	0
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	579	7,146	SH		SOLE		7,146	0	0
VANGUARD WORLD FDS	CONSUM DIS ETF	92204A108	8,007	55,863	SH		SOLE		55,863	0	0
VANGUARD WORLD FDS	CONSUM STP ETF	92204A207	7,500	54,131	SH		SOLE		54,131	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	2,788	29,790	SH		SOLE		29,790	0	0
VANGUARD WORLD FDS	FINANCIALS ETF	92204A405	202	3,090	SH		SOLE		3,090	0	0
VANGUARD WORLD FDS	HEALTH CAR ETF	92204A504	8,568	56,264	SH		SOLE		56,264	0	0
VANGUARD WORLD FDS	INDUSTRIAL ETF	92204A603	7,274	54,179	SH		SOLE		54,179	0	0
VANGUARD WORLD FDS	INF TECH ETF	92204A702	16,237	106,833	SH		SOLE		106,833	0	0
VANGUARD WORLD FDS	MATERIALS ETF	92204A801	2,283	17,762	SH		SOLE		17,762	0	0
VANGUARD WORLD FDS	TELCOMM ETF	92204A884	1,483	16,069	SH		SOLE		16,069	0	0
VANGUARD WORLD FDS	UTILITIES ETF	92204A876	2,889	24,739	SH		SOLE		24,739	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	2,814	56,850	SH		SOLE		56,850	0	0
VISA INC	COM CL A	92826C839	8,504	80,803	SH		SOLE		80,803	0	0
WAL-MART STORES INC	COM	931142103	425	5,445	SH		SOLE		5,445	0	0
WASTE MGMT INC DEL	COM	94106L109	4,112	52,537	SH		SOLE		52,537	0	0
WATERS CORP	COM	941848103	562	3,130	SH		SOLE		3,130	0	0
WELLS FARGO CO NEW	COM	949746101	1,734	31,441	SH		SOLE		31,441	0	0
WYNDHAM WORLDWIDE CORP	COM	98310W108	4,812	45,654	SH		SOLE		45,654	0	0
ZOGENIX INC	COM NEW	98978L204	5,713	163,000	SH		SOLE		163,000	0	0