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
ACADIA HEALTHCARE CLASS A 00404A109 1,186 18,600 SH   SOLE   18,600 0 0
ADOBE INC COMMON 00724F101 5,735 9,961 SH   SOLE   9,961 0 0
ALIBABA GROUP HLDG SPN ADS 8 ORD SHS 01609W102 825 5,575 SH   SOLE   5,575 0 0
ALPHABET INC CLASS C 02079K107 2,652 995 SH   SOLE   995 0 0
ALPHABET INC CLASS A 02079K305 299 112 SH   SOLE   112 0 0
AMAZON COM INC COMMON 023135106 1,485 452 SH   SOLE   452 0 0
APPLE INC COMMON 037833100 2,772 19,590 SH   SOLE   19,590 0 0
BANK OF AMERICA CORP COMMON 060505104 2,693 63,450 SH   SOLE   63,450 0 0
BERKSHIRE HATHAWAY CLASS B 084670702 11,316 41,460 SH   SOLE   41,460 0 0
BRISTOL MYERS SQUIBB COMMON 110122108 7,251 122,546 SH   SOLE   122,546 0 0
CATERPILLAR INC COMMON 149123101 1,833 9,550 SH   SOLE   9,550 0 0
CITIGROUP INC COMMON 172967424 1,037 14,770 SH   SOLE   14,770 0 0
COMCAST CORP CLASS A 20030N101 1,715 30,660 SH   SOLE   30,660 0 0
CUMMINS INC COMMON 231021106 1,959 8,725 SH   SOLE   8,725 0 0
FACEBOOK INC CLASS A 30303M102 1,938 5,710 SH   SOLE   5,710 0 0
FEDEX CORP COMMON 31428X106 2,056 9,375 SH   SOLE   9,375 0 0
FREEPORT-MCMORAN INC COMMON 35671D857 3,068 94,300 SH   SOLE   94,300 0 0
ISHARES MSCI GERMANY ETF 464286806 3,154 95,800 SH   SOLE   82,820 0 12,980
ISHARES EMERG MKTS ETF 464287234 241 4,780 SH   SOLE   3,780 0 1,000
ISHARES MSCI ACWI US ETF 464288240 22,059 398,110 SH   SOLE   371,050 0 27,060
ISHARES EAFE SML CP ETF 464288273 534 7,180 SH   SOLE   5,640 0 1,540
ISHARES U.S. MED DVC ETF 464288810 21,091 335,943 SH   SOLE   322,683 0 13,260
ISHARES INC MSCI CDA INDEX 464286509 7,335 202,070 SH   SOLE   176,150 0 25,920
ISHARES INC MSCI EMERG MRKT 464286533 343 5,480 SH   SOLE   4,240 0 1,240
ISHARES INC MSCI SWEDEN CAPPED E 464286756 2,035 45,380 SH   SOLE   41,170 0 4,210
ISHARES INC MSCI TAIWAN ETF 46434G772 8,714 140,520 SH   SOLE   120,990 0 19,530
ISHARES INC MSCI JAPAN ETF 46434G822 7,736 110,120 SH   SOLE   95,350 0 14,770
ISHARES TR PFD AND INCM SEC 464288687 815 21,010 SH   SOLE   20,410 0 600
ISHARES TR MSCI UK ETF 46435G334 1,685 52,240 SH   SOLE   46,660 0 5,580
JPMORGAN CHASE & CO COMMON 46625H100 8,156 49,825 SH   SOLE   49,825 0 0
LAZARD LTD SHARES A G54050102 1,638 35,760 SH   SOLE   35,760 0 0
LYONDELLBASELL INDUS SHARES A N53745100 709 7,550 SH   SOLE   7,550 0 0
MACYS INC COMMON 55616P104 2,592 114,710 SH   SOLE   114,710 0 0
MATTEL INC COMMON 577081102 1,771 95,400 SH   SOLE   95,400 0 0
MERCADOLIBRE INC COMMON 58733R102 2,452 1,460 SH   SOLE   1,460 0 0
MERCK & CO INC COMMON 58933Y105 269 3,585 SH   SOLE   3,585 0 0
METLIFE INC COMMON 59156R108 1,118 18,110 SH   SOLE   18,110 0 0
MICROSOFT CORP COMMON 594918104 12,669 44,938 SH   SOLE   44,938 0 0
OCCIDENTAL PETE CORP COMMON 674599105 846 28,600 SH   SOLE   28,600 0 0
OPKO HEALTH INC COMMON 68375N103 71 19,500 SH   SOLE   19,500 0 0
PFIZER INC COMMON 717081103 335 7,796 SH   SOLE   7,796 0 0
PROSHARES TR PSHS ULTSH 20YRS 74347B201 368 20,080 SH   SOLE   16,504 0 3,576
PROSHARES TR ULTRPRO S&P500 74347X864 31,482 276,860 SH   SOLE   276,860 0 0
PROSHARES TR ETF PSHS ULSHT 7-10Y 74347R313 969 59,550 SH   SOLE   59,550 0 0
ROYAL DUTCH SHELL SPON ADR B 780259107 434 9,800 SH   SOLE   9,800 0 0
ROYAL DUTCH SHELL SPONS ADR A 780259206 230 5,160 SH   SOLE   5,160 0 0
SELECT SECTOR SPDR HEALTH CARE 81369Y209 20,049 157,492 SH   SOLE   151,052 0 6,440
SELECT SECTOR SPDR SBI CONS DISCR 81369Y407 14,996 83,565 SH   SOLE   81,695 0 1,870
SELECT SECTOR SPDR SBI INT-ENERGY 81369Y506 16,380 314,460 SH   SOLE   307,400 0 7,060
SELECT SECTOR SPDR SBI INT-TECH 81369Y803 14,686 98,355 SH   SOLE   96,125 0 2,230
SPDR S&P 500 ETF TR UNITS SER 1 S&P 78462F103 86,911 202,523 SH   SOLE   199,923 0 2,600
SPDR S&P BIOTECH SPDR SERIES TRUST 78464A870 32,347 257,314 SH   SOLE   249,314 0 8,000
SPDR S&P MIDCAP 400 UTSER1 S&PDCRP 78467Y107 20,988 43,645 SH   SOLE   43,285 0 360
SPDR SERIES TRUST AEROSPACE DEF 78464A631 24,632 206,525 SH   SOLE   198,175 0 8,350
UNITED RENTALS INC COMMON 911363109 3,302 9,410 SH   SOLE   9,410 0 0
VANGUARD BD INDEX FD ETF SHORT TRM BOND 921937827 361 4,400 SH   SOLE   4,400 0 0
VANGUARD BD INDEX FD TOTAL BND MRKT ETF 921937835 215 2,520 SH   SOLE   2,520 0 0
VANGUARD INDEX TR SMALL CAP GROWTH 922908595 4,289 15,310 SH   SOLE   14,680 0 630
VANGUARD INTL EQ IND PACIFIC 922042866 248 3,060 SH   SOLE   2,420 0 640
VANGUARD INTL EQ IND FTSE EUROPE ETF 922042874 366 5,580 SH   SOLE   4,330 0 1,250
WELLS FARGO & CO COMMON 949746101 1,121 24,150 SH   SOLE   24,150 0 0