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
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
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 222 2,500 SH   SOLE   2,500 0 0
ISHARES MSCI ACWI US ETF 464288240 709 15,589 SH   SOLE   15,589 0 0
ISHARES EAFE VALUE ETF 464288877 55,598 1,016,983 SH   SOLE   1,016,983 0 0
ISHARES IBOXX HI YD ETF 464288513 293 3,182 SH   SOLE   3,182 0 0
ISHARES TR CORE US AGGBD ET 464287226 133,146 1,220,294 SH   SOLE   1,220,294 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,506 36,248 SH   SOLE   36,248 0 0
ISHARES TR MSCI EAFE ETF 464287465 711,367 11,094,314 SH   SOLE   11,094,314 0 0
ISHARES TR NA NAT RES 464287374 1,360 30,388 SH   SOLE   30,388 0 0
ISHARES TR RUS 1000 ETF 464287622 1,273 11,588 SH   SOLE   11,588 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 3,818 34,913 SH   SOLE   34,913 0 0
ISHARES TR RUSSELL 3000 ETF 464287689 573,444 4,910,042 SH   SOLE   4,910,042 0 0
ISHARES TR TIPS BD ETF 464287176 224 2,000 SH   SOLE   2,000 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 3,810 164,077 SH   SOLE   164,077 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 41,697 460,126 SH   SOLE   460,126 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 417 17,983 SH   SOLE   17,983 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 188,793 1,624,588 SH   SOLE   1,624,588 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 178,262 904,792 SH   SOLE   904,792 0 0
VANGUARD INDEX FDS REIT ETF 922908553 55,524 772,784 SH   SOLE   772,784 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 99,173 2,377,683 SH   SOLE   2,377,683 0 0