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
ACADIA HEALTHCARE CLASS A 00404A109 1,264 20,150 SH   SOLE   20,150 0 0
ADOBE INC COMMON 00724F101 5,781 9,871 SH   SOLE   9,871 0 0
ALIBABA GROUP HLDG SPN ADS 8 ORD SHS 01609W102 1,332 5,875 SH   SOLE   5,875 0 0
ALPHABET INC CLASS C 02079K107 2,519 1,005 SH   SOLE   1,005 0 0
ALPHABET INC CLASS A 02079K305 498 204 SH   SOLE   204 0 0
AMAZON COM INC COMMON 023135106 1,675 487 SH   SOLE   487 0 0
APPLE INC COMMON 037833100 2,834 20,690 SH   SOLE   20,690 0 0
BANK OF AMERICA CORP COMMON 060505104 2,684 65,100 SH   SOLE   65,100 0 0
BERKSHIRE HATHAWAY CLASS B 084670702 10,598 38,135 SH   SOLE   38,135 0 0
BRISTOL MYERS SQUIBB COMMON 110122108 6,983 104,511 SH   SOLE   104,511 0 0
CATERPILLAR INC COMMON 149123101 2,078 9,550 SH   SOLE   9,550 0 0
CITIGROUP INC COMMON 172967424 1,075 15,190 SH   SOLE   15,190 0 0
COMCAST CORP CLASS A 20030N101 1,825 32,000 SH   SOLE   32,000 0 0
CUMMINS INC COMMON 231021106 2,158 8,850 SH   SOLE   8,850 0 0
FACEBOOK INC CLASS A 30303M102 2,112 6,075 SH   SOLE   6,075 0 0
FEDEX CORP COMMON 31428X106 2,871 9,625 SH   SOLE   9,625 0 0
FREEPORT-MCMORAN INC COMMON 35671D857 3,563 96,000 SH   SOLE   96,000 0 0
GENERAL ELECTRIC CO COMMON 369604103 2,921 217,000 SH   SOLE   217,000 0 0
ISHARES MSCI GERMANY ETF 464286806 3,272 94,560 SH   SOLE   81,580 0 12,980
ISHARES EMERG MKTS ETF 464287234 264 4,780 SH   SOLE   3,780 0 1,000
ISHARES RUSSELL 2000 ETF 464287655 9,148 39,883 SH   SOLE   38,313 0 1,570
ISHARES MSCI ACWI US ETF 464288240 22,321 388,120 SH   SOLE   361,060 0 27,060
ISHARES EAFE SML CP ETF 464288273 532 7,180 SH   SOLE   5,640 0 1,540
ISHARES U.S. MED DVC ETF 464288810 20,252 56,093 SH   SOLE   53,883 0 2,210
ISHARES INC MSCI CDA INDEX 464286509 7,461 200,185 SH   SOLE   174,265 0 25,920
ISHARES INC MSCI EMERG MRKT 464286533 352 5,480 SH   SOLE   4,240 0 1,240
ISHARES INC MSCI SWEDEN CAPPED E 464286756 2,070 44,620 SH   SOLE   40,410 0 4,210
ISHARES INC MSCI TAIWAN ETF 46434G772 8,951 139,970 SH   SOLE   120,440 0 19,530
ISHARES INC MSCI JAPAN ETF 46434G822 7,351 108,835 SH   SOLE   94,065 0 14,770
ISHARES TR PFD AND INCM SEC 464288687 826 21,010 SH   SOLE   20,410 0 600
ISHARES TR MSCI UK ETF 46435G334 1,550 47,415 SH   SOLE   42,035 0 5,380
JPMORGAN CHASE & CO COMMON 46625H100 7,692 49,455 SH   SOLE   49,455 0 0
LAS VEGAS SANDS CORP COMMON 517834107 802 15,225 SH   SOLE   15,225 0 0
LAZARD LTD SHARES A G54050102 1,643 36,300 SH   SOLE   36,300 0 0
LYONDELLBASELL INDUS SHARES A N53745100 777 7,550 SH   SOLE   7,550 0 0
MACYS INC COMMON 55616P104 2,296 121,110 SH   SOLE   121,110 0 0
MATTEL INC COMMON 577081102 2,002 99,600 SH   SOLE   99,600 0 0
MERCADOLIBRE INC COMMON 58733R102 2,274 1,460 SH   SOLE   1,460 0 0
MERCK & CO INC COMMON 58933Y105 279 3,585 SH   SOLE   3,585 0 0
METLIFE INC COMMON 59156R108 1,134 18,950 SH   SOLE   18,950 0 0
MICROSOFT CORP COMMON 594918104 12,106 44,688 SH   SOLE   44,688 0 0
OCCIDENTAL PETE CORP COMMON 674599105 941 30,100 SH   SOLE   30,100 0 0
OPKO HEALTH INC COMMON 68375N103 79 19,500 SH   SOLE   19,500 0 0
PFIZER INC COMMON 717081103 285 7,269 SH   SOLE   7,269 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347B201 378 20,080 SH   SOLE   16,504 0 3,576
PROSHARES TR ULTRPRO S&P500 74347X864 29,534 260,460 SH   SOLE   260,460 0 0
PROSHARES TR ETF PSHS ULSHT 7-10Y 74347R313 1,213 73,985 SH   SOLE   73,985 0 0
ROYAL DUTCH SHELL SPON ADR B 780259107 381 9,800 SH   SOLE   9,800 0 0
ROYAL DUTCH SHELL SPONS ADR A 780259206 283 7,000 SH   SOLE   7,000 0 0
SELECT SECTOR SPDR HEALTH CARE 81369Y209 19,725 156,610 SH   SOLE   150,170 0 6,440
SELECT SECTOR SPDR SBI CONS DISCR 81369Y407 14,320 80,200 SH   SOLE   78,390 0 1,810
SELECT SECTOR SPDR SBI INT-TECH 81369Y803 14,859 100,630 SH   SOLE   98,360 0 2,270
SPDR S&P 500 ETF TR UNITS SER 1 S&P 78462F103 84,147 196,578 SH   SOLE   193,888 0 2,690
SPDR S&P BIOTECH SPDR SERIES TRUST 78464A870 32,125 237,259 SH   SOLE   229,259 0 8,000
SPDR S&P MIDCAP 400 UTSER1 S&PDCRP 78467Y107 20,865 42,495 SH   SOLE   42,135 0 360
SPDR SERIES TRUST AEROSPACE DEF 78464A631 27,241 205,900 SH   SOLE   197,550 0 8,350
UNITED RENTALS INC COMMON 911363109 3,056 9,580 SH   SOLE   9,580 0 0
VANGUARD BD INDEX FD ETF SHORT TRM BOND 921937827 273 3,325 SH   SOLE   3,325 0 0
VANGUARD INDEX TR SMALL CAP GROWTH 922908595 4,485 15,475 SH   SOLE   14,845 0 630
VANGUARD INTL EQ IND PACIFIC 922042866 252 3,060 SH   SOLE   2,420 0 640
VANGUARD INTL EQ IND FTSE EUROPE ETF 922042874 375 5,580 SH   SOLE   4,330 0 1,250
VISA INC CLASS A 92826C839 203 870 SH   SOLE   870 0 0
WELLS FARGO & CO COMMON 949746101 1,150 25,400 SH   SOLE   25,400 0 0