UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 2013
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.):[ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: CLS Investments, LLC
Address: 17605 Wright Street
Omaha, NE 68130
Form 13F File Number: 28-11877
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all information
contained herein is true, correct and complete, and that it is
understood that all required items, statements, schedules, lists,
and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Kylee Pohl
Title: Chief Compliance Officer
Phone: (402) 493-3313
Signature, Place, and Date of Signing:
Kylee Pohl Omaha, Nebraska May 14, 2013
[Signature] [City, State] [Date]
Report Type (Check only one.):
[X] 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
[] 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting
manager(s).)
[]13F COMBINATION REPORT. (Check here if a portion of the holdings for
this reporting manager are reported in this report and a portion are
reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
[Repeat as necessary.]
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 1
Form 13F Information Table Entry Total: 541
Form 13F Information Table Value Total: $2,387,734
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s)
of all institutional investment managers with respect to which this
report is filed, other than the manager filing this report.
[If there are no entries in this list, state "NONE" and omit the column
headings and list entries.]
No. Form 13F File Number Name
1 28-01689 Security Investors, LLC
[Repeat as necessary.]
Name Of Issuer Title Of Class Cusip Value SHRS OR SH/ PUT/ Investment Other Sole Shared None
(x$1000) PRN AMT PRN CALL Discretion Managers
3M CO COM 88579Y101 277 2607 SH SOLE 1054 0 1553
ABBOTT LABS COM 002824100 122 3463 SH SOLE 3463 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 12 155 SH SOLE 0 0 155
ADVISORSHARES TR TRIMTABS FLT 00768Y818 353 9000 SH SOLE 9000 0 0
AFFILIATED MANAGERS GROUP COM 008252108 352 2293 SH SOLE 0 0 2293
AFLAC INC COM 001055102 157 3024 SH SOLE 0 0 3024
AGL RES INC COM 001204106 113 2694 SH SOLE 2694 0 0
AK STL HLDG CORP COM 001547108 3 1000 SH SOLE 0 0 1000
ALLEGHENY TECHNOLOGIES INC COM 01741R102 126 3983 SH SOLE 0 0 3983
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 3 174 SH SOLE 0 0 174
ALPHA NATURAL RESOURCES INC COM 02076X102 1 100 SH SOLE 0 0 100
ALPS ETF TR ALERIAN MLP 00162Q866 1272 71800 SH SHARED-DEFINED 1 71800 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 26508 1495910 SH SOLE 533000 0 962910
ALTRIA GROUP INC COM 02209S103 139 4029 SH SOLE 3714 0 315
AMAZON COM INC COM 023135106 13 49 SH SOLE 0 0 49
AMEREN CORP COM 023608102 126 3601 SH SOLE 3601 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 13 600 SH SOLE 0 0 600
AMERICAN ELEC PWR INC COM 025537101 136 2793 SH SOLE 2793 0 0
AMERICAN STRATEGIC INCOME II COM 03009T101 8 1117 SH SOLE 0 0 1117
AMERISOURCEBERGEN CORP COM 03073E105 116 2263 SH SOLE 2263 0 0
AMETEK INC NEW COM 031100100 7 157 SH SOLE 0 0 157
AMPHENOL CORP NEW CL A 032095101 7 100 SH SOLE 0 0 100
APPLE INC COM 037833100 116 263 SH SOLE 0 0 263
AT&T INC COM 00206R102 126 3421 SH SOLE 3421 0 0
ATWOOD OCEANICS INC COM 050095108 11 200 SH SOLE 0 0 200
AUTOMATIC DATA PROCESSING IN COM 053015103 287 4407 SH SOLE 1833 0 2574
AVALONBAY CMNTYS INC COM 053484101 94 746 SH SOLE 746 0 0
BALL CORP COM 058498106 96 2028 SH SOLE 2028 0 0
BANK OF AMERICA CORPORATION COM 060505104 24 1960 SH SOLE 0 0 1960
BARCLAYS BANK PLC ETN DJUBSLVSTK37 06739H743 398 15000 SH SOLE 15000 0 0
BARCLAYS BK PLC BARC ETN+SHILL 06742A669 168 3000 SH SOLE 3000 0 0
BARD C R INC COM 067383109 97 960 SH SOLE 960 0 0
BAXTER INTL INC COM 071813109 7 100 SH SOLE 0 0 100
BECTON DICKINSON & CO COM 075887109 138 1444 SH SOLE 1444 0 0
BEMIS INC COM 081437105 116 2874 SH SOLE 2874 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 2110 20250 SH SHARED-DEFINED 1 20250 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 10892 104526 SH SOLE 102919 0 1607
BERKSHIRE HATHAWAY INC DEL CL A 084670108 625 4 SH SOLE 0 0 4
BLACKROCK SR HIGH INCOME FD COM 09255T109 2 438 SH SOLE 0 0 438
BOSTON PROPERTIES INC COM 101121101 102 1010 SH SOLE 1010 0 0
BROWN & BROWN INC COM 115236101 288 8980 SH SOLE 0 0 8980
CA INC COM 12673P105 25 1010 SH SOLE 0 0 1010
CADENCE DESIGN SYSTEM INC COM 127387108 288 20698 SH SOLE 0 0 20698
CAMPBELL SOUP CO COM 134429109 149 3287 SH SOLE 3287 0 0
CARDINAL HEALTH INC COM 14149Y108 90 2170 SH SOLE 2170 0 0
CARMAX INC COM 143130102 297 7119 SH SOLE 0 0 7119
CELGENE CORP COM 151020104 514 4436 SH SOLE 0 0 4436
CENTERPOINT ENERGY INC COM 15189T107 115 4787 SH SOLE 4787 0 0
CENTURYLINK INC COM 156700106 84 2388 SH SOLE 2388 0 0
CHEVRON CORP NEW COM 166764100 53 443 SH SOLE 0 0 443
CHUBB CORP COM 171232101 116 1320 SH SOLE 1320 0 0
CINCINNATI FINL CORP COM 172062101 107 2274 SH SOLE 2274 0 0
CINTAS CORP COM 172908105 104 2361 SH SOLE 2361 0 0
CISCO SYS INC COM 17275R102 2 92 SH SOLE 0 0 92
CITIGROUP INC COM NEW 172967424 12 262 SH SOLE 0 0 262
CLAYMORE EXCHANGE TRD FD TR GUG MULTI ASSET 18383M506 1813 76000 SH SOLE 76000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG SPINOFF ETF 18383M605 2379 67000 SH SOLE 67000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG TIMBER ETF 18383Q879 3063 133000 SH SOLE 133000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGGEN DEFN EQTY 18383M878 398 12250 SH SHARED-DEFINED 1 12250 0 0
CLAYMORE EXCHANGE TRD FD TR GUGGEN DEFN EQTY 18383M878 1528 47000 SH SOLE 47000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG SHIPPNG ETF 18383Q796 732 42000 SH SOLE 42000 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2014 18383M571 1068 50100 SH SHARED-DEFINED 1 50100 0 0
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2014 18383M571 9264 434731 SH SOLE 406630 0 28101
CLAYMORE EXCHANGE TRD FD TR GUGG CRP BD 2015 18383M563 39 1779 SH SOLE 0 0 1779
CLOROX CO DEL COM 189054109 352 3977 SH SOLE 2050 0 1927
CMS ENERGY CORP COM 125896100 137 4894 SH SOLE 4894 0 0
COCA COLA CO COM 191216100 138 3413 SH SOLE 3413 0 0
COLGATE PALMOLIVE CO COM 194162103 320 2708 SH SOLE 1156 0 1552
CONAGRA FOODS INC COM 205887102 143 3987 SH SOLE 3973 0 14
CONOCOPHILLIPS COM 20825C104 484 8051 SH SOLE 5500 0 2551
CONSOLIDATED EDISON INC COM 209115104 152 2498 SH SOLE 2498 0 0
COSTCO WHSL CORP NEW COM 22160K105 13 120 SH SOLE 0 0 120
CVS CAREMARK CORPORATION COM 126650100 296 5388 SH SOLE 1923 0 3465
CYTEC INDS INC COM 232820100 280 3784 SH SOLE 0 0 3784
DIAGEO P L C SPON ADR NEW 25243Q205 183 1453 SH SOLE 0 0 1453
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 9 114 SH SOLE 0 0 114
DISNEY WALT CO COM DISNEY 254687106 205 3603 SH SOLE 0 0 3603
DOMINION RES INC VA NEW COM 25746U109 155 2670 SH SOLE 2670 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 104 2216 SH SOLE 2216 0 0
DTE ENERGY CO COM 233331107 140 2043 SH SOLE 2043 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 151 2082 SH SOLE 2082 0 0
DYCOM INDS INC COM 267475101 170 8619 SH SOLE 0 0 8619
EASTMAN CHEM CO COM 277432100 2 31 SH SOLE 0 0 31
EATON CORP PLC SHS G29183103 188 3076 SH SOLE 0 0 3076
EBAY INC COM 278642103 18 337 SH SOLE 0 0 337
EDISON INTL COM 281020107 130 2592 SH SOLE 2592 0 0
EGA EMERGING GLOBAL SHS TR EGS EMKTCONS ETF 268461779 368 13852 SH SHARED-DEFINED 1 13852 0 0
EGA EMERGING GLOBAL SHS TR EGS EMKTCONS ETF 268461779 9985 375500 SH SOLE 375500 0 0
ENCANA CORP COM 292505104 2 105 SH SOLE 0 0 105
ENTERGY CORP NEW COM 29364G103 120 1904 SH SOLE 1904 0 0
ENTERPRISE FINL SVCS CORP COM 293712105 29 1995 SH SOLE 0 0 1995
EQUIFAX INC COM 294429105 337 5857 SH SOLE 0 0 5857
EQUINIX INC COM NEW 29444U502 325 1503 SH SOLE 0 0 1503
EQUITY RESIDENTIAL SH BEN INT 29476L107 98 1787 SH SOLE 1787 0 0
ETFS GOLD TR SHS 26922Y105 4 24 SH SOLE 0 0 24
ETFS WHITE METALS BASKET TR PHY WM BSK SHS 26923B104 3 64 SH SOLE 0 0 64
EXXON MOBIL CORP COM 30231G102 577 6405 SH SOLE 6109 0 296
FIDELITY COMWLTH TR NDQ CP IDX TRK 315912808 39 300 SH SOLE 0 0 300
FIRST MAJESTIC SILVER CORP COM 32076V103 5 321 SH SOLE 0 0 321
FIRST TR EXCHANGE TRADED FD DJ INTERNT IDX 33733E302 2349 54440 SH SOLE 54000 0 440
FIRST TR EXCHANGE TRADED FD NASDAQ 100 EX 33733E401 1314 47000 SH SOLE 47000 0 0
FIRST TR EXCHANGE TRADED FD AUTO INDEX FD 33734X309 301 10000 SH SOLE 10000 0 0
FIRST TR MID CAP CORE ALPHAD COM SHS 33735B108 13 319 SH SOLE 0 0 319
FIRST TR US IPO INDEX FD SHS 336920103 1375 39000 SH SOLE 39000 0 0
FIRSTENERGY CORP COM 337932107 100 2373 SH SOLE 2373 0 0
FISERV INC COM 337738108 116 1320 SH SOLE 1235 0 85
FLEXSHARES TR MORNSTAR UPSTR 33939L407 790 22500 SH SHARED-DEFINED 1 22500 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 2808 80000 SH SOLE 80000 0 0
FLOWERS FOODS INC COM 343498101 319 9670 SH SOLE 0 0 9670
FLOWSERVE CORP COM 34354P105 332 1982 SH SOLE 0 0 1982
FOCUS MEDIA HLDG LTD SPONSORED ADR 34415V109 3 100 SH SOLE 0 0 100
FORD MTR CO DEL COM PAR $0.01 345370860 71 5377 SH SOLE 0 0 5377
FOSTER WHEELER AG COM H27178104 2 100 SH SOLE 0 0 100
FUEL TECH INC COM 359523107 0 100 SH SOLE 0 0 100
GENERAL ELECTRIC CO COM 369604103 259 11217 SH SOLE 11000 0 217
GENERAL MLS INC COM 370334104 176 3560 SH SOLE 3560 0 0
GENERAL MTRS CO COM 37045V100 4 128 SH SOLE 0 0 128
GENERAL MTRS CO *W EXP 07/10/201 37045V118 2 117 SH SOLE 0 0 117
GENERAL MTRS CO *W EXP 07/10/201 37045V126 1 117 SH SOLE 0 0 117
GENESEE & WYO INC CL A 371559105 363 3903 SH SOLE 0 0 3903
GILDAN ACTIVEWEAR INC COM 375916103 362 9067 SH SOLE 0 0 9067
GOLAR LNG LTD BERMUDA SHS G9456A100 158 4272 SH SOLE 0 0 4272
GOOGLE INC CL A 38259P508 194 244 SH SOLE 0 0 244
GREAT NORTHN IRON ORE PPTYS CTFS BEN INT 391064102 1 20 SH SOLE 0 0 20
GREENHAVEN CONT CMDTY INDEX UNIT BEN INT 395258106 3951 140000 SH SHARED-DEFINED 1 140000 0 0
GREENHAVEN CONT CMDTY INDEX UNIT BEN INT 395258106 14217 503800 SH SOLE 503800 0 0
GUESS INC COM 401617105 112 4510 SH SOLE 0 0 4510
HALCON RES CORP COM NEW 40537Q209 132 16914 SH SOLE 0 0 16914
HARLEY DAVIDSON INC COM 412822108 523 9817 SH SOLE 0 0 9817
HCP INC COM 40414L109 108 2163 SH SOLE 2163 0 0
HEALTH CARE REIT INC COM 42217K106 105 1548 SH SOLE 1548 0 0
HEINZ H J CO COM 423074103 218 3019 SH SOLE 2208 0 811
HERSHEY CO COM 427866108 148 1690 SH SOLE 1690 0 0
HONEYWELL INTL INC COM 438516106 181 2398 SH SOLE 0 0 2398
HORMEL FOODS CORP COM 440452100 382 9234 SH SOLE 3852 0 5382
IDEXX LABS INC COM 45168D104 6 60 SH SOLE 0 0 60
IHS INC CL A 451734107 7 70 SH SOLE 0 0 70
INDIA FD INC COM 454089103 0 4 SH SOLE 0 0 4
INTEGRYS ENERGY GROUP INC COM 45822P105 116 2003 SH SOLE 2003 0 0
INTEL CORP COM 458140100 16 728 SH SOLE 0 0 728
INTERNATIONAL BUSINESS MACHS COM 459200101 116 543 SH SOLE 486 0 57
INTERVAL LEISURE GROUP INC COM 46113M108 6 285 SH SOLE 0 0 285
ISHARES INC MSCI HONG KONG 464286871 3494 176122 SH SOLE 45000 0 131122
ISHARES INC MSCI JAPAN 464286848 3882 359453 SH SOLE 243000 0 116453
ISHARES INC MSCI EMU INDEX 464286608 3882 118900 SH SHARED-DEFINED 1 118900 0 0
ISHARES INC MSCI EMU INDEX 464286608 21422 656100 SH SOLE 656100 0 0
ISHARES INC MSCI PAC J IDX 464286665 3414 68700 SH SHARED-DEFINED 1 68700 0 0
ISHARES INC MSCI PAC J IDX 464286665 14994 301684 SH SOLE 298600 0 3084
ISHARES INC MSCI AUSTRALIA 464286103 2098 77592 SH SOLE 77000 0 592
ISHARES INC MSCI GERMAN 464286806 5288 216115 SH SOLE 73300 0 142815
ISHARES INC MSCI ITALY CAPP 464286855 979 83000 SH SOLE 83000 0 0
ISHARES INC MSCI CDA INDEX 464286509 197 6921 SH SHARED-DEFINED 1 6921 0 0
ISHARES INC MSCI CDA INDEX 464286509 3096 108598 SH SOLE 105000 0 3598
ISHARES INC MSCI SINGAPORE 464286673 1689 121000 SH SOLE 121000 0 0
ISHARES INC MSCI TAIWAN 464286731 2234 167432 SH SOLE 167000 0 432
ISHARES INC MSCI FRANCE 464286707 -348 -15000 SH SOLE -15000 0 0
ISHARES INC MSCI UTD KINGD 464286699 950 52000 SH SOLE 52000 0 0
ISHARES INC MSCI EM SML CP 464286475 4253 86000 SH SOLE 86000 0 0
ISHARES INC CTR WLD MINVL 464286525 5393 87000 SH SOLE 87000 0 0
ISHARES INC EM MKT MIN VOL 464286533 8578 141000 SH SOLE 141000 0 0
ISHARES INC EMRG MRK LC BD 464286517 3085 57995 SH SOLE 52400 0 5595
ISHARES INC CORE MSCI EMKT 46434G103 523 10300 SH SHARED-DEFINED 1 10300 0 0
ISHARES INC CORE MSCI EMKT 46434G103 6175 121650 SH SOLE 121650 0 0
ISHARES TR DJ US UTILS 464287697 2913 30000 SH SOLE 30000 0 0
ISHARES TR CORE S&P MCP ETF 464287507 2117 18400 SH SHARED-DEFINED 1 18400 0 0
ISHARES TR CORE S&P MCP ETF 464287507 15107 131288 SH SOLE 70000 0 61288
ISHARES TR S&P MC 400 GRW 464287606 203 1588 SH SOLE 0 0 1588
ISHARES TR S&P SMLCP GROW 464287887 42 446 SH SOLE 0 0 446
ISHARES TR S&P 500 VALUE 464287408 10563 143128 SH SOLE 130550 0 12578
ISHARES TR CORE S&P500 ETF 464287200 2911 18500 SH SHARED-DEFINED 1 18500 0 0
ISHARES TR CORE S&P500 ETF 464287200 35724 227018 SH SOLE 224200 0 2818
ISHARES TR S&P500 GRW 464287309 18930 229787 SH SOLE 216900 0 12887
ISHARES TR RUSSELL1000VAL 464287598 26062 321076 SH SOLE 135150 0 185926
ISHARES TR RUSSELL1000GRW 464287614 8136 114000 SH SHARED-DEFINED 1 114000 0 0
ISHARES TR RUSSELL1000GRW 464287614 85912 1203761 SH SOLE 810850 0 392911
ISHARES TR RUSSELL 2000 464287655 387 4100 SH SHARED-DEFINED 1 4100 0 0
ISHARES TR RUSSELL 2000 464287655 8496 89967 SH SOLE 79160 0 10807
ISHARES TR RUSL 2000 VALU 464287630 503 6000 SH SOLE 6000 0 0
ISHARES TR RUSSELL 3000 464287689 1299 13900 SH SHARED-DEFINED 1 13900 0 0
ISHARES TR RUSSELL 3000 464287689 4673 50000 SH SOLE 50000 0 0
ISHARES TR DJ US REAL EST 464287739 22740 327289 SH SOLE 67500 0 259789
ISHARES TR RUSL 2000 GROW 464287648 2153 20000 SH SOLE 20000 0 0
ISHARES TR DJ OIL EQUIP 464288844 746 13000 SH SOLE 13000 0 0
ISHARES TR MSCI EAFE INDEX 464287465 6559 111200 SH SHARED-DEFINED 1 111200 0 0
ISHARES TR MSCI EAFE INDEX 464287465 38301 649382 SH SOLE 635600 0 13782
ISHARES TR RUSSELL MIDCAP 464287499 530 4163 SH SHARED-DEFINED 1 4163 0 0
ISHARES TR RUSSELL MIDCAP 464287499 5269 41393 SH SOLE 33325 0 8068
ISHARES TR RUSSELL MCP GR 464287481 17376 248690 SH SOLE 112000 0 136690
ISHARES TR RUSSELL MCP VL 464287473 829 14552 SH SOLE 14000 0 552
ISHARES TR S&P GLB100INDX 464287572 9701 143100 SH SHARED-DEFINED 1 143100 0 0
ISHARES TR S&P GLB100INDX 464287572 35800 528100 SH SOLE 528100 0 0
ISHARES TR S&P GBL ENER 464287341 244 6106 SH SHARED-DEFINED 1 6106 0 0
ISHARES TR S&P GBL ENER 464287341 7876 197253 SH SOLE 150000 0 47253
ISHARES TR S&P GBL HLTHCR 464287325 6117 83000 SH SOLE 83000 0 0
ISHARES TR S&P GBL INF 464287291 4745 68000 SH SOLE 68000 0 0
ISHARES TR S&P GBL TELCM 464287275 659 11000 SH SOLE 11000 0 0
ISHARES TR DJ US ENERGY 464287796 4073 90255 SH SOLE 0 0 90255
ISHARES TR DJ US FINL SEC 464287788 4750 70000 SH SOLE 70000 0 0
ISHARES TR DJ US HEALTHCR 464287762 14895 154485 SH SOLE 139000 0 15485
ISHARES TR DJ US INDUSTRL 464287754 1062 13000 SH SOLE 13000 0 0
ISHARES TR DJ US TELECOMM 464287713 3086 127000 SH SOLE 127000 0 0
ISHARES TR NASDQ BIO INDX 464287556 40 248 SH SOLE 0 0 248
ISHARES TR S&P NA TECH FD 464287549 2687 37000 SH SOLE 37000 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 562 6650 SH SHARED-DEFINED 1 6650 0 0
ISHARES TR BARCLYS 1-3 YR 464287457 17537 207614 SH SOLE 196000 0 11614
ISHARES TR BARCLYS 7-10 YR 464287440 6 58 SH SOLE 0 0 58
ISHARES TR IBOXX INV CPBD 464287242 2158 18000 SH SHARED-DEFINED 1 18000 0 0
ISHARES TR IBOXX INV CPBD 464287242 36134 301366 SH SOLE 147075 0 154291
ISHARES TR MSCI EMERG MKT 464287234 4972 116247 SH SHARED-DEFINED 1 116247 0 0
ISHARES TR MSCI EMERG MKT 464287234 22843 534094 SH SOLE 482900 0 51194
ISHARES TR S&P NA MULTIMD 464287531 4031 137000 SH SOLE 137000 0 0
ISHARES TR PHLX SOX SEMICND 464287523 5507 93000 SH SOLE 93000 0 0
ISHARES TR S&P NA SOFTWR 464287515 798 11500 SH SHARED-DEFINED 1 11500 0 0
ISHARES TR S&P NA SOFTWR 464287515 10620 153000 SH SOLE 153000 0 0
ISHARES TR S&P 100 IDX FD 464287101 1282 18200 SH SHARED-DEFINED 1 18200 0 0
ISHARES TR S&P 100 IDX FD 464287101 37727 535662 SH SOLE 218000 0 317662
ISHARES TR MSCI ACJPN IDX 464288182 8685 147000 SH SOLE 147000 0 0
ISHARES TR CORE TOTUSBD ETF 464287226 1484 13400 SH SHARED-DEFINED 1 13400 0 0
ISHARES TR CORE TOTUSBD ETF 464287226 17763 160415 SH SOLE 142126 0 18289
ISHARES TR DJ SEL DIV INX 464287168 170 2688 SH SHARED-DEFINED 1 2688 0 0
ISHARES TR DJ SEL DIV INX 464287168 5845 92187 SH SOLE 20000 0 72187
ISHARES TR BARCLYS TIPS BD 464287176 1029 8482 SH SOLE 7000 0 1482
ISHARES TR LRGE CORE INDX 464287127 9392 102000 SH SOLE 102000 0 0
ISHARES TR MID CORE INDEX 464288208 123 1106 SH SOLE 0 0 1106
ISHARES TR LRGE GRW INDX 464287119 10622 130000 SH SOLE 130000 0 0
ISHARES TR LARGE VAL INDX 464288109 1768 25000 SH SHARED-DEFINED 1 25000 0 0
ISHARES TR LARGE VAL INDX 464288109 19307 273000 SH SOLE 273000 0 0
ISHARES TR MID GRWTH INDX 464288307 710 6000 SH SOLE 6000 0 0
ISHARES TR FTSE CHINA25 IDX 464287184 1766 47819 SH SOLE 21000 0 26819
ISHARES TR S&PCITI1-3YRTB 464288125 523 5600 SH SOLE 5600 0 0
ISHARES TR MSCI GRW IDX 464288885 3424 54093 SH SOLE 0 0 54093
ISHARES TR NYSE 100INX FD 464287135 1479 20000 SH SOLE 20000 0 0
ISHARES TR DJ INS INDX FD 464288786 5850 154000 SH SOLE 154000 0 0
ISHARES TR DJ MED DEVICES 464288810 5587 73000 SH SOLE 73000 0 0
ISHARES TR DJ HEALTH CARE 464288828 3297 43000 SH SOLE 43000 0 0
ISHARES TR DJ PHARMA INDX 464288836 2005 20900 SH SHARED-DEFINED 1 20900 0 0
ISHARES TR DJ PHARMA INDX 464288836 7195 75000 SH SOLE 75000 0 0
ISHARES TR DJ OIL&GAS EXP 464288851 733 10000 SH SOLE 10000 0 0
ISHARES TR BARCLYS SH TREA 464288679 1984 18000 SH SOLE 18000 0 0
ISHARES TR HIGH YLD CORP 464288513 2871 30428 SH SHARED-DEFINED 1 30428 0 0
ISHARES TR HIGH YLD CORP 464288513 47599 504494 SH SOLE 403280 0 101214
ISHARES TR BARCLYS CR BD 464288620 2871 25500 SH SHARED-DEFINED 1 25500 0 0
ISHARES TR BARCLYS CR BD 464288620 27476 244076 SH SOLE 175650 0 68426
ISHARES TR BARCLYS 1-3YR CR 464288646 2976 28200 SH SHARED-DEFINED 1 28200 0 0
ISHARES TR BARCLYS 1-3YR CR 464288646 35681 338081 SH SOLE 202650 0 135431
ISHARES TR S&P GL INDUSTR 464288729 2135 36000 SH SOLE 36000 0 0
ISHARES TR BARCLYS MBS BD 464288588 839 7773 SH SOLE 5475 0 2298
ISHARES TR US PFD STK IDX 464288687 3853 95100 SH SHARED-DEFINED 1 95100 0 0
ISHARES TR US PFD STK IDX 464288687 55532 1370482 SH SOLE 787275 0 583207
ISHARES TR DJ INTL SEL DIVD 464288448 6830 200000 SH SOLE 200000 0 0
ISHARES TR BARCLYS 3-7 YR 464288661 333 2700 SH SHARED-DEFINED 1 2700 0 0
ISHARES TR BARCLYS 3-7 YR 464288661 7459 60400 SH SOLE 60400 0 0
ISHARES TR S&P NTL AMTFREE 464288414 7002 63555 SH SOLE 24775 0 38780
ISHARES TR JPMORGAN USD 464288281 4257 36189 SH SOLE 16000 0 20189
ISHARES TR EPRA/NAR DEV R/E 464288489 1112 32555 SH SOLE 0 0 32555
ISHARES TR BARCLYS INTER CR 464288638 433 3900 SH SHARED-DEFINED 1 3900 0 0
ISHARES TR BARCLYS INTER CR 464288638 23283 209491 SH SOLE 192255 0 17236
ISHARES TR S&P GLO INFRAS 464288372 1264 34000 SH SOLE 34000 0 0
ISHARES TR MSCI ACWI EX 464288240 3321 77478 SH SHARED-DEFINED 1 77478 0 0
ISHARES TR MSCI ACWI EX 464288240 15914 371300 SH SOLE 371300 0 0
ISHARES TR AGENCY BD FD 464288166 371 3275 SH SOLE 3275 0 0
ISHARES TR S&P SH NTL AMTFR 464288158 1815 17075 SH SOLE 16450 0 625
ISHARES TR RUS200 VAL IDX 464289420 552 16000 SH SOLE 16000 0 0
ISHARES TR MSCI POLAND CAP 46429B606 2056 80000 SH SOLE 80000 0 0
ISHARES TR PHILL INVSTMRK 46429B408 2057 50000 SH SOLE 50000 0 0
ISHARES TR HGH DIV EQT FD 46429B663 5752 88000 SH SHARED-DEFINED 1 88000 0 0
ISHARES TR HGH DIV EQT FD 46429B663 31850 487300 SH SOLE 487300 0 0
ISHARES TR FLTG RATE NT 46429B655 6127 120900 SH SHARED-DEFINED 1 120900 0 0
ISHARES TR FLTG RATE NT 46429B655 27644 545467 SH SOLE 539575 0 5892
ISHARES TR USA MIN VOL ID 46429B697 18186 555118 SH SOLE 177000 0 378118
ISHARES TR EAFE MIN VOLAT 46429B689 4484 75000 SH SOLE 75000 0 0
JOHNSON & JOHNSON COM 478160104 192 2355 SH SOLE 2028 0 327
KELLOGG CO COM 487836108 125 1945 SH SOLE 1945 0 0
KIMBERLY CLARK CORP COM 494368103 324 3312 SH SOLE 1700 0 1612
KINDER MORGAN ENERGY PARTNER UT LTD PARTNER 494550106 183 2042 SH SOLE 0 0 2042
KRAFT FOODS GROUP INC COM 50076Q106 57 1104 SH SOLE 0 0 1104
L-3 COMMUNICATIONS HLDGS INC COM 502424104 98 1216 SH SOLE 1216 0 0
LEVEL 3 COMMUNICATIONS INC COM NEW 52729N308 19 938 SH SOLE 0 0 938
LOCKHEED MARTIN CORP COM 539830109 141 1465 SH SOLE 1219 0 246
LOEWS CORP COM 540424108 94 2137 SH SOLE 2137 0 0
MAGNA INTL INC COM 559222401 224 3820 SH SOLE 0 0 3820
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 4164 110000 SH SOLE 110000 0 0
MARKET VECTORS ETF TR HG YLD MUN ETF 57060U878 557 16933 SH SOLE 0 0 16933
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 6097 112600 SH SHARED-DEFINED 1 112600 0 0
MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 21660 400000 SH SOLE 400000 0 0
MARKET VECTORS ETF TR GAMING ETF 57060U829 1162 29000 SH SOLE 29000 0 0
MARKET VECTORS ETF TR RVE HARD ETF 57060U795 2 51 SH SOLE 0 0 51
MARKET VECTORS ETF TR PFD SEC EXFINL 57061R791 724 35250 SH SOLE 35250 0 0
MARKET VECTORS ETF TR MKT VECTR WIDE 57060U134 80 3400 SH SHARED-DEFINED 1 3400 0 0
MARKET VECTORS ETF TR MKT VECTR WIDE 57060U134 4664 199000 SH SOLE 199000 0 0
MARSH & MCLENNAN COS INC COM 571748102 101 2647 SH SOLE 2647 0 0
MAXIMUS INC COM 577933104 297 3720 SH SOLE 0 0 3720
MCCORMICK & CO INC COM NON VTG 579780206 146 1981 SH SOLE 1981 0 0
MCDONALDS CORP COM 580135101 135 1357 SH SOLE 1357 0 0
MCKESSON CORP COM 58155Q103 105 976 SH SOLE 976 0 0
MEDNAX INC COM 58502B106 290 3234 SH SOLE 0 0 3234
MERCK & CO INC NEW COM 58933Y105 101 2278 SH SOLE 2278 0 0
MONDELEZ INTL INC CL A 609207105 234 7635 SH SOLE 4266 0 3369
MONOTYPE IMAGING HOLDINGS IN COM 61022P100 6 245 SH SOLE 0 0 245
MONSANTO CO NEW COM 61166W101 230 2178 SH SOLE 0 0 2178
MOSAIC CO NEW COM 61945C103 161 2706 SH SOLE 0 0 2706
NATIONAL OILWELL VARCO INC COM 637071101 153 2160 SH SOLE 0 0 2160
NEUSTAR INC CL A 64126X201 301 6463 SH SOLE 0 0 6463
NEXTERA ENERGY INC COM 65339F101 145 1862 SH SOLE 1862 0 0
NIKE INC CL B 654106103 11 180 SH SOLE 0 0 180
NISOURCE INC COM 65473P105 116 3944 SH SOLE 3944 0 0
NORTHEAST UTILS COM 664397106 119 2741 SH SOLE 2741 0 0
NORTHERN DYNASTY MINERALS LT COM NEW 66510M204 3 824 SH SOLE 0 0 824
NORTHROP GRUMMAN CORP COM 666807102 102 1451 SH SOLE 1451 0 0
NRG ENERGY INC COM NEW 629377508 3 100 SH SOLE 0 0 100
NUVEEN CALIF PERFORM PLUS MU COM 67062Q106 104 6668 SH SOLE 0 0 6668
O REILLY AUTOMOTIVE INC NEW COM 67103H107 8 75 SH SOLE 0 0 75
ONEOK INC NEW COM 682680103 98 2050 SH SOLE 2050 0 0
PANERA BREAD CO CL A 69840W108 9 55 SH SOLE 0 0 55
PAYCHEX INC COM 704326107 109 3110 SH SOLE 3110 0 0
PEPCO HOLDINGS INC COM 713291102 132 6146 SH SOLE 6146 0 0
PEPSICO INC COM 713448108 350 4428 SH SOLE 1988 0 2440
PFIZER INC COM 717081103 334 11585 SH SOLE 4438 0 7147
PG&E CORP COM 69331C108 121 2723 SH SOLE 2723 0 0
PHILIP MORRIS INTL INC COM 718172109 114 1231 SH SOLE 1106 0 125
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 16 832 SH SOLE 0 0 832
PIMCO ETF TR ENHAN SHRT MAT 72201R833 4934 48600 SH SHARED-DEFINED 1 48600 0 0
PIMCO ETF TR ENHAN SHRT MAT 72201R833 39775 391772 SH SOLE 386015 0 5757
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 2196 21000 SH SHARED-DEFINED 1 21000 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 21710 207610 SH SOLE 189095 0 18515
PIMCO ETF TR TOTL RETN ETF 72201R775 2097 19100 SH SHARED-DEFINED 1 19100 0 0
PIMCO ETF TR TOTL RETN ETF 72201R775 8234 75000 SH SOLE 75000 0 0
PINNACLE WEST CAP CORP COM 723484101 137 2373 SH SOLE 2373 0 0
PLUM CREEK TIMBER CO INC COM 729251108 115 2200 SH SOLE 2200 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 38 1400 SH SHARED-DEFINED 1 1400 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 1229 45000 SH SOLE 45000 0 0
POWERSHARES DB G10 CURCY HAR COM UT BEN INT 73935Y102 2698 99000 SH SOLE 99000 0 0
POWERSHARES ETF TR II EMRG MKTS INFR 73937B209 1936 47000 SH SOLE 47000 0 0
POWERSHARES ETF TR II S&P SMCP IT PO 73937B860 1259 37000 SH SOLE 37000 0 0
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 12088 388920 SH SOLE 294950 0 93970
POWERSHARES ETF TR II KBW RG BK PORT 73937B712 43 1400 SH SHARED-DEFINED 1 1400 0 0
POWERSHARES ETF TR II KBW RG BK PORT 73937B712 311 10000 SH SOLE 10000 0 0
POWERSHARES ETF TRUST DYNAMIC MKT PT 73935X104 3080 55000 SH SOLE 55000 0 0
POWERSHARES ETF TRUST DYN PHRMA PORT 73935X799 4467 113106 SH SOLE 113000 0 106
POWERSHARES ETF TRUST S&P 500 HGH QLTY 73935X682 587 33600 SH SHARED-DEFINED 1 33600 0 0
POWERSHARES ETF TRUST S&P 500 HGH QLTY 73935X682 4208 241000 SH SOLE 241000 0 0
POWERSHARES ETF TRUST FTSE RAFI 1000 73935X583 16 229 SH SOLE 0 0 229
POWERSHARES ETF TRUST DYN LSR & ENT 73935X757 1594 60000 SH SOLE 60000 0 0
POWERSHARES ETF TRUST GBL LSTD PVT EQT 73935X195 5103 452000 SH SOLE 452000 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 9358 554400 SH SHARED-DEFINED 1 554400 0 0
POWERSHARES ETF TRUST INTL DIV ACHV 73935X716 34594 2049430 SH SOLE 2049430 0 0
POWERSHARES ETF TRUST DYN FD & BEV 73935X849 2866 122000 SH SOLE 122000 0 0
POWERSHARES ETF TRUST FINL PFD PTFL 73935X229 5234 282475 SH SOLE 282475 0 0
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567 67 858 SH SHARED-DEFINED 1 858 0 0
POWERSHARES ETF TRUST FTSE US1500 SM 73935X567 428 5500 SH SOLE 5500 0 0
POWERSHARES ETF TRUST DYN BLDG CNSTR 73935X666 1616 80000 SH SOLE 80000 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 2229 88800 SH SHARED-DEFINED 1 88800 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 18390 732670 SH SOLE 716200 0 16470
POWERSHARES ETF TRUST II DWA SC TECHLDR 73936Q744 1066 34000 SH SOLE 34000 0 0
POWERSHARES GLOBAL ETF FD S&P 500 BUYWRT 73936G308 351 17125 SH SOLE 17125 0 0
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 5996 201333 SH SOLE 0 0 201333
POWERSHARES GLOBAL ETF TRUST AGG PFD PORT 73936T565 1022 68700 SH SOLE 68700 0 0
POWERSHARES GLOBAL ETF TRUST FDM HG YLD RAFI 73936T557 193 9978 SH SOLE 0 0 9978
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 8584 124456 SH SHARED-DEFINED 1 124456 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 41055 595262 SH SOLE 586000 0 9262
POWERSHS DB MULTI SECT COMM PS DB AGRICUL FD 73936B408 699 27000 SH SOLE 27000 0 0
POWERSHS DB MULTI SECT COMM DB PREC MTLS 73936B200 108 2000 SH SHARED-DEFINED 1 2000 0 0
POWERSHS DB MULTI SECT COMM DB PREC MTLS 73936B200 782 14500 SH SOLE 14500 0 0
POWERSHS DB MULTI SECT COMM DB BASE METALS 73936B705 47 2700 SH SHARED-DEFINED 1 2700 0 0
POWERSHS DB MULTI SECT COMM DB BASE METALS 73936B705 1026 58500 SH SOLE 58500 0 0
POWERSHS DB MULTI SECT COMM DB OIL FUND 73936B507 837 31000 SH SOLE 31000 0 0
POWERSHS DB MULTI SECT COMM DB GOLD FUND 73936B606 4752 87218 SH SOLE 87000 0 218
POWERSHS DB US DOLLAR INDEX DOLL INDX BULL 73936D107 7653 338642 SH SOLE 0 0 338642
PPG INDS INC COM 693506107 8 59 SH SOLE 0 0 59
PPL CORP COM 69351T106 135 4321 SH SOLE 4321 0 0
PRAXAIR INC COM 74005P104 96 864 SH SOLE 864 0 0
PRICELINE COM INC COM NEW 741503403 6 9 SH SOLE 0 0 9
PROCTER & GAMBLE CO COM 742718109 137 1776 SH SOLE 1776 0 0
PROSHARES TR PSHS SHORT DOW30 74347R701 3790 123600 SH SOLE 123600 0 0
PROSHARES TR PSHS SHRT S&P500 74347R503 20545 669425 SH SOLE 663000 0 6425
PROSHARES TR PSHS SHTRUSS2000 74347R826 2555 119000 SH SOLE 119000 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347B201 33 500 SH SOLE 500 0 0
PROSHARES TR PSHS LC COR PLUS 74347R248 2421 33000 SH SOLE 33000 0 0
PUBLIC STORAGE COM 74460D109 102 669 SH SOLE 669 0 0
PUBLIC SVC ENTERPRISE GROUP COM 744573106 115 3354 SH SOLE 3354 0 0
PVH CORP COM 693656100 330 3086 SH SOLE 0 0 3086
QUALCOMM INC COM 747525103 335 5003 SH SOLE 0 0 5003
RAYTHEON CO COM NEW 755111507 102 1729 SH SOLE 1729 0 0
REALTY INCOME CORP COM 756109104 130 2874 SH SOLE 0 0 2874
REPUBLIC SVCS INC COM 760759100 194 5874 SH SOLE 0 0 5874
RESOLUTE FST PRODS INC COM 76117W109 0 6 SH SOLE 0 0 6
REVENUESHARES ETF TR LARGECAP FD 761396100 4223 138400 SH SHARED-DEFINED 1 138400 0 0
REVENUESHARES ETF TR LARGECAP FD 761396100 16765 549500 SH SOLE 549500 0 0
REYNOLDS AMERICAN INC COM 761713106 116 2608 SH SOLE 2608 0 0
ROCK-TENN CO CL A 772739207 11 115 SH SOLE 0 0 115
ROYAL BK CDA MONTREAL QUE COM 780087102 129 2147 SH SOLE 0 0 2147
RYDEX ETF TRUST GUG S&P500 EQ WT 78355W106 5069 85000 SH SOLE 85000 0 0
RYDEX ETF TRUST GUG RUSS TOP 50 78355W205 3838 34500 SH SOLE 34500 0 0
RYDEX ETF TRUST GUG S&P500 PU VA 78355W304 2681 69000 SH SOLE 69000 0 0
SCANA CORP NEW COM 80589M102 141 2765 SH SOLE 2765 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 43 1557 SH SOLE 0 0 1557
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 686 18362 SH SOLE 0 0 18362
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 253 5912 SH SOLE 0 0 5912
SCHWAB STRATEGIC TR US LCAP GR ETF 808524300 777 20875 SH SOLE 0 0 20875
SCHWAB STRATEGIC TR US LCAP VA ETF 808524409 381 10731 SH SOLE 0 0 10731
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 477 18664 SH SOLE 0 0 18664
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 58 1157 SH SOLE 0 0 1157
SCHWAB STRATEGIC TR US REIT ETF 808524847 325 9957 SH SOLE 0 0 9957
SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 569 18008 SH SOLE 0 0 18008
SCHWAB STRATEGIC TR US AGGREGATE B 808524839 41 786 SH SOLE 0 0 786
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797 575 18085 SH SOLE 0 0 18085
SEABRIDGE GOLD INC COM 811916105 1 100 SH SOLE 0 0 100
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4495 114958 SH SOLE 114850 0 108
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 1802 46000 SH SOLE 46000 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 15212 191800 SH SHARED-DEFINED 1 191800 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 63887 805533 SH SOLE 801700 0 3833
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 6437 353500 SH SHARED-DEFINED 1 353500 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 23093 1268205 SH SOLE 1258300 0 9905
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 115 2748 SH SHARED-DEFINED 1 2748 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 835 20000 SH SOLE 20000 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 8572 283200 SH SHARED-DEFINED 1 283200 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 32753 1082043 SH SOLE 1080500 0 1543
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 4534 114000 SH SHARED-DEFINED 1 114000 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 18225 458256 SH SOLE 458175 0 81
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 3773 82000 SH SHARED-DEFINED 1 82000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 13723 298269 SH SOLE 298200 0 69
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 8 153 SH SOLE 0 0 153
SEMPRA ENERGY COM 816851109 131 1640 SH SOLE 1640 0 0
SILVER WHEATON CORP COM 828336107 2 67 SH SOLE 0 0 67
SIMON PPTY GROUP INC NEW COM 828806109 96 604 SH SOLE 604 0 0
SMUCKER J M CO COM NEW 832696405 110 1114 SH SOLE 1114 0 0
SNAP ON INC COM 833034101 162 1964 SH SOLE 0 0 1964
SOUTHERN CO COM 842587107 164 3492 SH SOLE 3492 0 0
SOUTHERN COPPER CORP COM 84265V105 3 93 SH SOLE 0 0 93
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 6750 46450 SH SHARED-DEFINED 1 46450 0 0
SPDR DOW JONES INDL AVRG ETF UT SER 1 78467X109 29614 203784 SH SOLE 196500 0 7284
SPDR GOLD TRUST GOLD SHS 78463V107 26 169 SH SOLE 0 0 169
SPDR INDEX SHS FDS STOXX EUR 50 ETF 78463X103 468 13814 SH SOLE 0 0 13814
SPDR INDEX SHS FDS EUROPE ETF 78463X608 890 21567 SH SOLE 18000 0 3567
SPDR S&P 500 ETF TR TR UNIT 78462F103 10544 67303 SH SHARED-DEFINED 1 67303 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 60518 386276 SH SOLE 380400 0 5876
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 1447 6900 SH SHARED-DEFINED 1 6900 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 12577 59972 SH SOLE 53300 0 6672
SPDR SER TR SHT TRM HGH YLD 78468R408 119 3869 SH SHARED-DEFINED 1 3869 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 7901 255875 SH SOLE 255875 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 1370 20763 SH SHARED-DEFINED 1 20763 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 9720 147300 SH SOLE 147300 0 0
SPDR SERIES TRUST S&P CAP MKTS 78464A771 2592 66000 SH SOLE 66000 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 479 4800 SH SHARED-DEFINED 1 4800 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 4035 40400 SH SOLE 40400 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 691 23000 SH SHARED-DEFINED 1 23000 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 2419 80479 SH SOLE 80000 0 479
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 1834 75309 SH SOLE 0 0 75309
SPDR SERIES TRUST S&P METALS MNG 78464A755 3557 88067 SH SOLE 0 0 88067
SPDR SERIES TRUST S&P REGL BKG 78464A698 3147 99000 SH SOLE 99000 0 0
SPDR SERIES TRUST S&P INS ETF 78464A789 1556 30000 SH SOLE 30000 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 838 31116 SH SOLE 28500 0 2616
SPDR SERIES TRUST OILGAS EQUIP 78464A748 3868 97000 SH SOLE 97000 0 0
SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 3553 147718 SH SOLE 0 0 147718
SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 118 2021 SH SOLE 0 0 2021
SPDR SERIES TRUST NUVN CALI MUNI 78464A441 181 7507 SH SOLE 0 0 7507
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 1697 41276 SH SHARED-DEFINED 1 41276 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 7194 175000 SH SOLE 175000 0 0
SPDR SERIES TRUST DB INT GVT ETF 78464A490 5162 83141 SH SOLE 73675 0 9466
SPDR SERIES TRUST S&P PHARMAC 78464A722 979 15500 SH SHARED-DEFINED 1 15500 0 0
SPDR SERIES TRUST S&P PHARMAC 78464A722 3538 56000 SH SOLE 56000 0 0
SPDR SERIES TRUST INTR TRM CORP BD 78464A375 903 26000 SH SOLE 26000 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 3176 103300 SH SHARED-DEFINED 1 103300 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 16573 538966 SH SOLE 538966 0 0
SPDR SERIES TRUST BRC MTG BCKD BD 78464A383 377 13875 SH SOLE 13875 0 0
SPDR SERIES TRUST BRCLY EM LOCL 78464A391 141 4350 SH SOLE 0 0 4350
SPECTRA ENERGY CORP COM 847560109 114 3711 SH SOLE 3711 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 17 1500 SH SOLE 0 0 1500
STARBUCKS CORP COM 855244109 24 419 SH SOLE 0 0 419
STATE STR CORP COM 857477103 294 4979 SH SOLE 0 0 4979
STERICYCLE INC COM 858912108 109 1026 SH SOLE 1026 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 12 270 SH SOLE 0 0 270
SYSCO CORP COM 871829107 134 3822 SH SOLE 3822 0 0
TARGET CORP COM 87612E106 116 1690 SH SOLE 1690 0 0
TECO ENERGY INC COM 872375100 111 6233 SH SOLE 6233 0 0
TELEDYNE TECHNOLOGIES INC COM 879360105 4 50 SH SOLE 0 0 50
TEMPLETON GLOBAL INCOME FD COM 880198106 6 638 SH SOLE 0 0 638
TENNECO INC COM 880349105 165 4191 SH SOLE 0 0 4191
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 8 200 SH SOLE 0 0 200
TORCHMARK CORP COM 891027104 108 1805 SH SOLE 1805 0 0
TRAVELERS COMPANIES INC COM 89417E109 113 1344 SH SOLE 1344 0 0
UNION PAC CORP COM 907818108 212 1487 SH SOLE 0 0 1487
UNITED PARCEL SERVICE INC CL B 911312106 292 3397 SH SOLE 1407 0 1990
UNITEDHEALTH GROUP INC COM 91324P102 177 3098 SH SOLE 0 0 3098
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 127 1570 SH SOLE 0 0 1570
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 11261 134635 SH SOLE 125885 0 8750
VANGUARD INDEX FDS TOTAL STK MKT 922908769 5194 64160 SH SHARED-DEFINED 1 64160 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 21265 262665 SH SOLE 262500 0 165
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 235 3441 SH SHARED-DEFINED 1 3441 0 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 1706 25000 SH SOLE 25000 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 1793 27357 SH SHARED-DEFINED 1 27357 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 16910 258043 SH SOLE 170175 0 87868
VANGUARD INDEX FDS MID CAP ETF 922908629 1714 18452 SH SOLE 13670 0 4782
VANGUARD INDEX FDS REIT ETF 922908553 206 2926 SH SOLE 0 0 2926
VANGUARD INDEX FDS SMALL CP ETF 922908751 2299 25219 SH SHARED-DEFINED 1 25219 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 19249 211174 SH SOLE 110000 0 101174
VANGUARD INDEX FDS GROWTH ETF 922908736 622 8025 SH SHARED-DEFINED 1 8025 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 18843 243105 SH SOLE 96925 0 146180
VANGUARD INDEX FDS SML CP GRW ETF 922908595 346 3459 SH SOLE 0 0 3459
VANGUARD INDEX FDS LARGE CAP ETF 922908637 6148 85700 SH SHARED-DEFINED 1 85700 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 28225 393430 SH SOLE 360000 0 33430
VANGUARD INDEX FDS MCAP GR IDXVIP 922908538 2195 28494 SH SOLE 0 0 28494
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 716 16700 SH SHARED-DEFINED 1 16700 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 27304 636542 SH SOLE 239400 0 397142
VANGUARD INTL EQUITY INDEX F MSCI PAC ETF 922042866 580 10000 SH SOLE 10000 0 0
VANGUARD INTL EQUITY INDEX F MSCI EUROPE ETF 922042874 12645 257373 SH SOLE 0 0 257373
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 1456 31400 SH SHARED-DEFINED 1 31400 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 6301 135910 SH SOLE 121500 0 14410
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 1459 16700 SH SHARED-DEFINED 1 16700 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 12046 137873 SH SOLE 128625 0 9248
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 5710 71075 SH SOLE 71075 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 537 10300 SH SHARED-DEFINED 1 10300 0 0
VANGUARD SCOTTSDALE FDS MORTG-BACK SEC 92206C771 3296 63200 SH SOLE 63200 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 20662 314497 SH SHARED-DEFINED 1 314497 0 0
VANGUARD SPECIALIZED PORTFOL DIV APP ETF 921908844 91789 1397094 SH SOLE 1156416 0 240678
VANGUARD WORLD FD MEGA GRWTH IND 921910816 9128 152000 SH SOLE 152000 0 0
VANGUARD WORLD FD MEGA VALUE 300 921910840 1422 30000 SH SOLE 30000 0 0
VANGUARD WORLD FD MEGA CAP INDEX 921910873 1499 28000 SH SHARED-DEFINED 1 28000 0 0
VANGUARD WORLD FD MEGA CAP INDEX 921910873 5943 111000 SH SOLE 111000 0 0
VANGUARD WORLD FDS ENERGY ETF 92204A306 500 4409 SH SOLE 0 0 4409
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 1278 15418 SH SOLE 0 0 15418
VANGUARD WORLD FDS INF TECH ETF 92204A702 451 6185 SH SOLE 0 0 6185
VENTAS INC COM 92276F100 119 1621 SH SOLE 1621 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 303 6173 SH SOLE 2655 0 3518
VISA INC COM CL A 92826C839 301 1775 SH SOLE 0 0 1775
VORNADO RLTY TR SH BEN INT 929042109 98 1171 SH SOLE 1171 0 0
WAL-MART STORES INC COM 931142103 290 3874 SH SOLE 1451 0 2423
WASTE CONNECTIONS INC COM 941053100 4 105 SH SOLE 0 0 105
WASTE MGMT INC DEL COM 94106L109 119 3023 SH SOLE 3023 0 0
WELLS FARGO & CO NEW COM 949746101 88 2370 SH SOLE 0 0 2370
WEYERHAEUSER CO COM 962166104 153 4873 SH SOLE 0 0 4873
WISCONSIN ENERGY CORP COM 976657106 149 3481 SH SOLE 3481 0 0
WISDOMTREE TRUST INTL SMCAP DIV 97717W760 3491 63000 SH SOLE 63000 0 0
WISDOMTREE TRUST DEFA FD 97717W703 148 3088 SH SOLE 0 0 3088
WISDOMTREE TRUST JAPN HEDGE EQT 97717W851 10442 241771 SH SOLE 57000 0 184771
WISDOMTREE TRUST MIDCAP DIVI FD 97717W505 1875 28747 SH SOLE 0 0 28747
WISDOMTREE TRUST SMALLCAP DIVID 97717W604 1587 27811 SH SOLE 0 0 27811
WISDOMTREE TRUST EMERG MKTS ETF 97717W315 1374 24957 SH SOLE 0 0 24957
WOLVERINE WORLD WIDE INC COM 978097103 5 115 SH SOLE 0 0 115
XCEL ENERGY INC COM 98389B100 139 4674 SH SOLE 4674 0 0