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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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
EXPRESS SCRIPTS HOLDING COMPANY COM 30219G108 47,903 756,524 SH   SOLE 1 756,524 0 0
HALCON RESOURCES CORP COM PAR NEW 40537Q605 1,750 257,323 SH   SOLE 1 257,323 0 0
ING SPDR BLOOMBERG BARCLAYS LONG TERM ET BLOMBERG BRC COR 78464A367 6,259 148,600 SH   SOLE 1 148,600 0 0
IQ 50PCT HEDGED FTSE EUR ETF HDGD FTSE EURO 45409B552 119,073 5,974,539 SH   SOLE   5,974,539 0 0
IQ 50PCT HEDGED FTSE INT ETF HDGD FTSE INTL 45409B560 212,955 10,248,052 SH   SOLE   10,248,052 0 0
IQ CHAIKIN SMALL CAP ETF IQ CHAIKIN US 45409B396 114,651 4,271,636 SH   SOLE   4,271,636 0 0
IQ Enhanced Core Bond US ETF IQ ENCH BD US 45409B487 34,903 1,769,053 SH   SOLE   1,769,053 0 0
IQ ENHANCED CORE PLUS BOND U IQ ENCH COR PL 45409B479 161,854 8,060,454 SH   SOLE   8,060,454 0 0
IQ GLOBAL RESOURCES ETF IQ GLB RES ETF 45409B883 111,010 4,113,019 SH   SOLE   4,113,019 0 0
IQ S&P HY LOW VOL BOND ETF IQ S&P HGH YLD 45409B412 50,884 1,997,801 SH   SOLE   1,997,801 0 0
ISHARES TIPS BOND ETF TIPS BD ETF 464287176 3,910 34,425 SH   SOLE   34,425 0 0
ISHARES 10 YEAR CREDIT BOND BND ETFUND 10+ YR CR BD ETF 464289511 24,909 401,400 SH   SOLE 1 401,400 0 0
ISHARES 1-3 YEAR CREDIT BOND ETF 1 3 YR CR BD ETF 464288646 3,481 33,038 SH   SOLE 1 33,038 0 0
ISHARES IBOXX INVESTMENT GRADE CORP BD IBOXX INV CP ETF 464287242 61,090 503,915 SH   SOLE 1 503,915 0 0
ISHARES INTERMEDIATE CREDIT INTRMD CR BD ETF 464288638 11,712 106,317 SH   SOLE 1 106,317 0 0
ISHARES INTERMEDIATE GOVERNM INTRM GOV CR ETF 464288612 27,753 250,252 SH   SOLE   250,252 0 0
ISHARES MSCI ALL COUNTRY ASI MSCI AC ASIA ETF 464288182 21,643 299,680 SH   SOLE   299,680 0 0
ISHARES MSCI FRONTIER 100 MSCI FRNTR100ETF 464286145 2,674 85,353 SH   SOLE   85,353 0 0
ISHARES MSCI INDIA ETF MSCI INDIA ETF 46429B598 2,916 88,769 SH   SOLE   88,769 0 0
ISHARES MSCI PHILIPPINES MSCI PHILIPS ETF 46429B408 2,357 63,754 SH   SOLE   63,754 0 0
ISHARES MSCI POLAND CAPPED E MSCI POL CAP ETF 46429B606 1,474 55,568 SH   SOLE   55,568 0 0
ISHARES RUSSELL 1000 VALUE RUS 1000 VAL ETF 464287598 8,913 75,209 SH   SOLE   75,209 0 0
ISHARES RUSSELL 2000 RUSSELL 2000 ETF 464287655 36,995 249,662 SH   SOLE   249,662 0 0
PATTERSON UTI ENERGY COM COM 703481101 22,027 1,051,905 SH   SOLE 1 1,051,905 0 0
SPDR S&P EMERGING MKTS SMALL S&P EMKTSC ETF 78463X756 11,031 222,620 SH   SOLE   222,620 0 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 158 7,584 SH   SOLE 1 7,584 0 0
TIDEWATER INC COM 88642R109 28,225 970,612 SH   SOLE 1 970,612 0 0
VANECK VECTORS AFRICA INDEX AFRICA INDEX ETF 92189F866 1,526 65,698 SH   SOLE   65,698 0 0
VANECK VECTORS EMERGING MARK JP MORGAN MKTS 92189F494 11,164 581,477 SH   SOLE   581,477 0 0
VANECK VECTORS INDIA S/C INDIA SMALL CAP 92189F767 2,310 40,714 SH   SOLE   40,714 0 0
VANGUARD INTERMEDIATE TERM CORPORA INT-TERM CORP 92206C870 12,383 140,700 SH   SOLE 1 140,700 0 0
VANGUARD LONG TERM BOND INDEX FUND LONG TERM BOND 921937793 12,396 132,200 SH   SOLE 1 132,200 0 0
VANGUARD LONG TERM CORPORATE BOND LG-TERM COR BD 92206C813 37,555 398,800 SH   SOLE 1 398,800 0 0
VANGUARD MID-CAP VALUE ETF MCAP VL IDXVIP 922908512 17,804 168,539 SH   SOLE   168,539 0 0
VANGUARD S/T INFL PROT SEC INDEX FUND STRM INFPROIDX 922020805 9,225 186,557 SH   SOLE   186,557 0 0