0000894189-12-000721.txt : 20120214 0000894189-12-000721.hdr.sgml : 20120214 20120214164808 ACCESSION NUMBER: 0000894189-12-000721 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20111231 FILED AS OF DATE: 20120214 DATE AS OF CHANGE: 20120214 EFFECTIVENESS DATE: 20120214 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Rafferty Asset Management, LLC CENTRAL INDEX KEY: 0001389426 IRS NUMBER: 133946966 STATE OF INCORPORATION: NY FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-12221 FILM NUMBER: 12611240 BUSINESS ADDRESS: STREET 1: 33 WHITEHALL STREET STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 BUSINESS PHONE: 646-572-3390 MAIL ADDRESS: STREET 1: 33 WHITEHALL STREET STREET 2: 10TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10004 13F-HR 1 ram_13f-hr.txt QUARTERLY HOLDINGS REPORT UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2011 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: Rafferty Asset Management, LLC Address: 33 Whitehall Street, 10th Floor New York, NY 10004 13F File Number: 28-12221 -------- 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: Daniel O Neill Title: President Phone: 646-572-3391 Signature, Place, and Date of Signing /s/ Daniel O Neill New York, NY 2/10/12 ------------------ ------------ -------- Report Type (Check only one.): [X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. List of Other Managers Reporting for this Manager: Form 13 F File Number Name 28-__________________ ___________________________ FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers 1 Form 13F Information Table Entry Total: 575 Form 13F Information Table Value Total: 1,450,568 List of Other Included Managers: No. Form 13F File Number Name 1 28-12656 FLEXIBLE PLAN INVESTMENTS, INC. - -------- -------------------------------

TITLE SHRS INVEST- -------- --------- ---------- ---------- --- ---- --------- OF VALUE OR PRN SH/ PUT/ MENT DIS- OTHER -------- --------- ---------- ---------- --- ---- --------- ----- NAME OF ISSUER CLASS CUSIP (X$1,000) AMT PRN CALL CRETION MGR SOLE SHARED NONE ------------------ -------- --------- ---------- ---------- --- ---- --------- ----- --------- ------ ---- ------------------ AFLAC INC COM 001055102 3,064 70,816 SH SOLE 70,816 AGL RES INC COM 001204106 221 5,238 SH SOLE 5,238 ADVANCED MICRO DEVICES INC COM 007903107 1,179 218,422 SH SOLE 218,422 AFFILIATED MANAGERS GROUP COM 008252108 784 8,172 SH SOLE 8,172 ALEXANDRIA REAL ESTATE EQ IN COM 015271109 1,001 14,511 SH SOLE 14,511 ALEXION PHARMA- CEUTICALS INC COM 015351109 300 4,189 SH SOLE 4,189 ALLEGHANY CORP DEL COM 017175100 281 985 SH SOLE 985 SH- ARED ALLETE DE- INC COM 018522300 221 5,256 SH FINED 1 5,256 ALLIANCE DATA SYSTEMS CORP COM 018581108 926 8,921 SH SOLE 8,921 ALLSTATE CORP COM 020002101 2,184 79,687 SH SOLE 79,687 ALTERA CORP COM 021441100 1,770 47,722 SH SOLE 47,722 ALUMINUM CORP CHINA LTD SPON ADR H SHS 022276109 131 12,115 SH SOLE 12,115 SH- ARED AMEREN DE- CORP COM 023608102 217 6,541 SH FINED 1 6,541 AMERICAN CAMPUS CMNTYS INC COM 024835100 226 5,389 SH SOLE 5,389 AMERICAN EXPRESS CO COM 025816109 7,503 159,066 SH SOLE 159,066 AMERICAN FINL GROUP INC OHIO COM 025932104 575 15,600 SH SOLE 15,600 AMERICAN INTL GROUP INC COM 026874784 1,552 66,910 SH SOLE 66,910 AMERICAN TOWER CORP CL A 029912201 573 9,547 SH SOLE 9,547 AMPHENOL CORP NEW CL A 032095101 228 5,013 SH SOLE 5,013 ANADARKO PETE CORP COM 032511107 2,043 26,767 SH SOLE 26,767 ANALOG DEVICES INC COM 032654105 320 8,954 SH SOLE 8,954 ANNALY CAP MGMT INC COM 035710409 2,373 148,703 SH SOLE 148,703 AON CORP COM 037389103 2,432 51,973 SH SOLE 51,973 APACHE CORP COM 037411105 1,875 20,703 SH SOLE 20,703 APPLE INC COM 037833100 9,015 22,260 SH SOLE 22,260 APPLIED MATLS INC COM 038222105 3,117 291,014 SH SOLE 291,014 ARCH COAL INC COM 039380100 156 10,751 SH SOLE 10,751 ASSOCIATED BANC CORP COM 045487105 308 27,549 SH SOLE 27,549 ATMEL CORP COM 049513104 111 13,736 SH SOLE 13,736 SH- ARED ATMOS DE- ENERGY CORP COM 049560105 361 10,827 SH FINED 1 10,827 AUTODESK INC COM 052769106 208 6,870 SH SOLE 6,870 AUTOZONE INC COM 053332102 251 772 SH SOLE 772 AVALONBAY CMNTYS INC COM 053484101 2,945 22,549 SH SOLE 22,549 BB&T CORP COM 054937107 2,721 108,093 SH SOLE 108,093 BP PRUDHOE BAY RTY TR UNIT BEN INT 055630107 224 1,964 SH SOLE 1,964 ADR BAIDU INC REP SPON A 056752108 388 3,329 SH SOLE 3,329 BAKER HUGHES INC COM 057224107 1,137 23,384 SH SOLE 23,384 BANK OF AMERICA CORP- ORATION COM 060505104 8,529 1,534,018 SH SOLE 1,534,018 BANK HAWAII CORP COM 062540109 371 8,328 SH SOLE 8,328 BANK OF THE OZARKS INC COM 063904106 297 10,019 SH SOLE 10,019 BANK OF NEW YORK MELLON CORP COM 064058100 3,757 188,704 SH SOLE 188,704 BERKLEY W R CORP COM 084423102 687 19,969 SH SOLE 19,969 BERKSHIRE HATHAWAY INC DEL CL B 084670702 20,222 265,030 SH SOLE 265,030 BOSTON PROPERTIES INC COM 101121101 3,414 34,276 SH SOLE 34,276 BRANDYWINE RLTY TR SH BEN INT 105368203 295 31,003 SH SOLE 31,003 BRITISH AMERN TOB PLC SPONSORED ADR 110448107 229 2,418 SH SOLE 2,418 BROADCOM CORP CL A 111320107 3,155 107,471 SH SOLE 107,471 BROCADE COMMUN- ICATIONS SYS I COM 111621306 59 11,373 SH SOLE 11,373 BROWN & BROWN INC COM 115236101 460 20,326 SH SOLE 20,326 CBL & ASSOC PPTYS INC COM 124830100 172 10,925 SH SOLE 10,925 CIT GROUP INC COM 125581801 1,059 30,364 SH SOLE 30,364 CNOOC LTD SPONSORED ADR 126132109 503 2,881 SH SOLE 2,881 SH- ARED CVS CAREMARK DE- CORPORATION COM 126650100 362 8,880 SH FINED 1 8,880 CABOT OIL & GAS CORP COM 127097103 560 7,380 SH SOLE 7,380 CAMDEN PPTY TR SH BEN INT 133131102 1,004 16,131 SH SOLE 16,131 CANADIAN NATL RY CO COM 136375102 245 3,119 SH SOLE 3,119 CHESAPEAKE ENERGY CORP COM 165167107 865 38,792 SH SOLE 38,792 CHEVRON CORP NEW COM 166764100 10,920 102,627 SH SOLE 102,627 CHINA TELECOM CORP LTD SPON ADR H SHS 169426103 281 4,927 SH SOLE 4,927 CHUBB CORP COM 171232101 3,065 44,280 SH SOLE 44,280 CIMAREX ENERGY CO COM 171798101 377 6,086 SH SOLE 6,086 CINCINNATI FINL CORP COM 172062101 675 22,147 SH SOLE 22,147 CIRRUS LOGIC INC COM 172755100 294 18,557 SH SOLE 18,557 CITIGROUP INC COM 172967424 11,574 439,923 SH SOLE 439,923 CITRIX SYS INC COM 177376100 341 5,623 SH SOLE 5,623 CITY NATL CORP COM 178566105 325 7,360 SH SOLE 7,360 COEUR SH- D ALENE ARED MINES CORP DE- IDA COM 192108504 342 14,152 SH FINED 1 14,152 COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 471 7,322 SH SOLE 7,322 COLGATE PALMOLIVE CO COM 194162103 230 2,487 SH SOLE 2,487 COMERICA INC COM 200340107 817 31,684 SH SOLE 31,684 COMMERCE BANCSHARES INC COM 200525103 448 11,753 SH SOLE 11,753 COMMON- WEALTH REIT COM SH BEN INT 203233101 319 19,148 SH SOLE 19,148 CON- SOLIDATED EDISON INC COM 209115104 347 5,593 SH SOLE 5,593 CORNING INC COM 219350105 504 38,822 SH SOLE 38,822 CREE INC COM 225447101 766 34,776 SH SOLE 34,776 CROWN CASTLE INTL CORP COM 228227104 389 8,681 SH SOLE 8,681 CULLEN FROST BANKERS INC COM 229899109 493 9,311 SH SOLE 9,311 DCT IN- DUSTRIAL TRUST INC COM 233153105 98 19,081 SH SOLE 19,081 DTE ENERGY CO COM 233331107 457 8,392 SH SOLE 8,392 DECKERS OUTDOOR CORP COM 243537107 218 2,885 SH SOLE 2,885 DENBURY RES INC COM 247916208 356 23,603 SH SOLE 23,603 DIAMOND- ROCK HOSP- ITALITY CO COM 252784301 125 12,976 SH SOLE 12,976 DIGITAL RLTY TR INC COM 253868103 1,529 22,932 SH SOLE 22,932 DISCOVER FINL SVCS COM 254709108 2,131 88,780 SH SOLE 88,780 SH- ARED DOLLAR DE- TREE INC COM 256746108 219 2,638 SH FINED 1 2,638 DRESSER RAND GROUP INC COM 261608103 252 5,043 SH SOLE 5,043 DUKE REALTY CORP COM 264411505 697 57,832 SH SOLE 57,832 E M C CORP MASS COM 268648102 1,067 49,516 SH SOLE 49,516 E TRADE FINANCIAL CORP COM 269246401 339 42,532 SH SOLE 42,532 EXCO RESOURCES INC COM 269279402 185 17,730 SH SOLE 17,730 EATON VANCE CORP COM NON VTG 278265103 425 17,974 SH SOLE 17,974 EL PASO ELEC CO COM 283677854 220 6,346 SH SOLE 6,346 ELECTRONIC ARTS INC COM 285512109 205 9,941 SH SOLE 9,941 ENTERPRISE PRODS PARTNERS L COM 293792107 397 8,557 SH SOLE 8,557 EQUIFAX INC COM 294429105 722 18,625 SH SOLE 18,625 ESSEX PPTY TR INC COM 297178105 1,061 7,550 SH SOLE 7,550 FACTSET RESH SYS INC COM 303075105 610 6,988 SH SOLE 6,988 SH- FAMILY ARED DLR DE- STORES INC COM 307000109 212 3,679 SH FINED 1 3,679 FEDERAL REALTY INVT TR SH BEN INT 313747206 1,297 14,288 SH SOLE 14,288 FEDERATED INVS INC PA CL B 314211103 207 13,677 SH SOLE 13,677 F5 NETWORKS INC COM 315616102 257 2,424 SH SOLE 2,424 FIFTH THIRD BANCORP COM 316773100 1,907 149,952 SH SOLE 149,952 FIRST HORIZON NATL CORP COM 320517105 333 41,665 SH SOLE 41,665 SH- FIRST TR ARED MORNING- DE- STAR DIV LEA SHS 336917109 6,186 351,852 SH FINED 1 351,852 FISERV INC COM 337738108 1,429 24,326 SH SOLE 24,326 FORD MTR CO DEL COM PAR 0.01 345370860 139 12,905 SH SOLE 12,905 FOREST CITY ENTERPRISES INC CL A 345550107 246 20,790 SH SOLE 20,790 FOREST OIL CORP COM PAR 0.01 346091705 194 14,325 SH SOLE 14,325 FRANKLIN RES INC COM 354613101 2,120 22,067 SH SOLE 22,067 FULTON FINL CORP PA COM 360271100 296 30,175 SH SOLE 30,175 GALLAGHER ARTHUR J & CO COM 363576109 559 16,706 SH SOLE 16,706 SH- ARED DE- GANNETT INC COM 364730101 192 14,374 SH FINED 1 14,374 GANNETT INC COM 364730101 194 14,477 SH SOLE 14,477 SH- ARED DE- GENCORP INC COM 368682100 133 25,001 SH FINED 1 25,001 GENERAL GROWTH PPTYS INC NEW COM 370023103 1,788 119,036 SH SOLE 119,036 GIANT INTERACTIVE GROUP INC ADR 374511103 69 17,019 SH SOLE 17,019 GLOBAL SH- CASH ARED ACCESS DE- HLDGS INC COM 378967103 133 29,878 SH FINED 1 29,878 GOODYEAR TIRE & RUBR CO COM 382550101 150 10,579 SH SOLE 10,579 GRAINGER W W INC COM 384802104 511 2,730 SH SOLE 2,730 HCC INS HLDGS INC COM 404132102 530 19,259 SH SOLE 19,259 HALLIBURTON CO COM 406216101 1,618 46,892 SH SOLE 46,892 HANOVER INS GROUP INC COM 410867105 277 7,933 SH SOLE 7,933 HARTFORD FINL SVCS GROUP INC COM 416515104 1,177 72,416 SH SOLE 72,416 HEALTH SH- MGMT ARED ASSOC DE- INC NEW CL A 421933102 202 27,395 SH FINED 1 27,395 HEALTHWAYS INC COM 422245100 89 12,905 SH SOLE 12,905 HELMERICH & PAYNE INC COM 423452101 347 5,943 SH SOLE 5,943 HERSHA HOS- PITALITY TR SH BEN INT A 427825104 58 11,851 SH SOLE 11,851 HEWLETT PACKARD CO COM 428236103 1,232 47,820 SH SOLE 47,820 HOLLY- FRONTIER CORP COM 436106108 335 14,308 SH SOLE 14,308 HOME PROPERTIES INC COM 437306103 213 3,702 SH SOLE 3,702 HORMEL FOODS CORP COM 440452100 224 7,632 SH SOLE 7,632 HUDSON CITY BANCORP COM 443683107 448 71,681 SH SOLE 71,681 HUNTINGTON BANCSHARES INC COM 446150104 797 145,094 SH SOLE 145,094 INTEL CORP COM 458140100 5,888 242,801 SH SOLE 242,801 INTER- NATIONAL BUSINESS MACHS COM 459200101 5,713 31,067 SH SOLE 31,067 INTER- SH- PUBLIC ARED GROUP DE- COS INC COM 460690100 134 13,823 SH FINED 1 13,823 INTUIT COM 461202103 476 9,042 SH SOLE 9,042 SH- ISHARES ARED INC MSCI DE- BRIC INDX 464286657 385 10,608 SH FINED 1 10,608 ISHARES INC MSCI PAC J IDX 464286665 413 10,621 SH SOLE 10,621 ISHARES INC MSCI UTD KINGD 464286699 1,286 79,567 SH SOLE 79,567 ISHARES INC MSCI JAPAN 464286848 977 107,246 SH SOLE 107,246 SH- ISHARES TR ARED LRGE GRW DE- INDX 464287119 5,572 84,489 SH FINED 1 84,489 SH- ISHARES ARED TR DJ SEL DE- DIV INX 464287168 8,965 166,782 SH FINED 1 166,782 ISHARES TR BARCLYS TIPS BD 464287176 834 7,150 SH SOLE 7,150 SH- ISHARES TR ARED BARCLYS TIPS DE- BD 464287176 11,965 102,539 SH FINED 1 102,539 SH- USA- ARED ISHARES GG DE- TR BARCLY B 464287226 14,572 132,045 SH FINED 1 132,045 ISHARES TR MSCI EMERG MKT 464287234 130,666 3,444,015 SH SOLE 3,444,015 SH- ISHARES ARED TR S&P500 DE- GRW 464287309 8,873 131,609 SH FINED 1 131,609 ISHARES TR S&P LTN AM 40 464287390 11,096 260,652 SH SOLE 260,652 ISHARES TR BARCLYS 20+ YR 464287432 5,339 44,066 SH SOLE 44,066 SH- ISHARES ARED TR BARCLYS DE- 20+ YR 464287432 9,891 81,626 SH FINED 1 81,626 SH- ISHARES ARED TR BARCLYS DE- 7-10 YR 464287440 14,282 135,206 SH FINED 1 135,206 SH- ISHARES ARED TR BARCLYS DE- 1-3 YR 464287457 5,151 60,954 SH FINED 1 60,954 ISHARES TR MSCI EAFE INDEX 464287465 6,223 125,641 SH SOLE 125,641 SH- ISHARES ARED TR COHEN& DE- ST RLTY 464287564 225 3,200 SH FINED 1 3,200 SH- ISHARES ARED TR CONS DE- SRVC IDX 464287580 478 6,700 SH FINED 1 6,700 ISHARES TR RUSSELL 1000 464287622 52,185 752,275 SH SOLE 752,275 ISHARES TR RUSL 2000 VALU 464287630 435 6,631 SH SOLE 6,631 ISHARES TR RUSL 2000 GROW 464287648 580 6,885 SH SOLE 6,885 ISHARES TR RUSSELL 2000 464287655 119,632 1,623,446 SH SOLE 1,623,446 SH- ISHARES ARED TR DJ US DE- UTILS 464287697 2,124 24,053 SH FINED 1 24,053 SH- ISHARES ARED TR S&P DE- SMLCAP 600 464287804 8,917 130,600 SH FINED 1 130,600 SH- ISHARES ARED TR CONS DE- GOODS IDX 464287812 843 12,305 SH FINED 1 12,305 ISHARES TR S&P EURO PLUS 464287861 1,587 47,043 SH SOLE 47,043 ISHARES SH- TR S&P ARED SMLCP DE- GROW 464287887 6,129 82,300 SH FINED 1 82,300 SH- ISHARES ARED TR MID DE- CORE INDEX 464288208 1,081 12,700 SH FINED 1 12,700 SH- ISHARES ARED TR JPMORGAN DE- USD 464288281 318 2,900 SH FINED 1 2,900 SH- ISHARES ARED TR S&P DE- NTL AMTFREE 464288414 5,762 53,228 SH FINED 1 53,228 SH- ISHARES ARED TR HIGH DE- YLD CORP 464288513 7,427 83,000 SH FINED 1 83,000 ISHARES TR HIGH YLD CORP 464288513 138,908 1,552,393 SH SOLE 1,552,393 SH- ISHARES ARED TR RESIDENT DE- PLS CAP 464288562 646 14,600 SH FINED 1 14,600 SH- ISHARES ARED TR BARCLYS DE- MBS BD 464288588 6,246 57,800 SH FINED 1 57,800 SH- ISHARES TR ARED BARCLYS DE- 1-3YR CR 464288646 948 9,100 SH FINED 1 9,100 SH- ISHARES TR ARED BARCLYS DE- 10-20YR 464288653 332 2,500 SH FINED 1 2,500 SH- ISHARES TR ARED BARCLYS DE- 3-7 YR 464288661 5,169 42,355 SH FINED 1 42,355 SH- ISHARES TR ARED BARCLYS DE- SH TREA 464288679 2,059 18,677 SH FINED 1 18,677 SH- ARED ISHARES TR DE- S&P GL C STAPL 464288737 1,205 18,103 SH FINED 1 18,103 SH- ISHARES TR ARED DJ PHARMA DE- INDX 464288836 1,346 17,600 SH FINED 1 17,600 SH- ISHARES TR ARED RUS200 GRW DE- IDX 464289438 9,040 293,309 SH FINED 1 293,309 JEFFERIES GROUP INC NEW COM 472319102 281 20,436 SH SOLE 20,436 KLA-TENCOR CORP COM 482480100 1,710 35,450 SH SOLE 35,450 KEMPER CORP DEL COM 488401100 255 8,718 SH SOLE 8,718 SH- ARED KEYCORP DE- NEW COM 493267108 132 17,150 SH FINED 1 17,150 KEYCORP NEW COM 493267108 1,107 143,955 SH SOLE 143,955 LSI CORP- ORATION COM 502161102 82 13,785 SH SOLE 13,785 LAM RESEARCH CORP COM 512807108 1,377 37,195 SH SOLE 37,195 LAUDER ESTEE COS INC CL A 518439104 268 2,387 SH SOLE 2,387 LEGG MASON INC COM 524901105 508 21,125 SH SOLE 21,125 LENNAR CORP CL A 526057104 357 18,154 SH SOLE 18,154 LEUCADIA NATL CORP COM 527288104 710 31,205 SH SOLE 31,205 LEXINGTON REALTY TRUST COM 529043101 82 11,014 SH SOLE 11,014 LIBERTY PPTY TR SH BEN INT 531172104 886 28,678 SH SOLE 28,678 LIMITED BRANDS INC COM 532716107 532 13,192 SH SOLE 13,192 LINCOLN NATL CORP IND COM 534187109 1,120 57,656 SH SOLE 57,656 LINEAR TECH- NOLOGY CORP COM 535678106 1,611 53,646 SH SOLE 53,646 LOEWS CORP COM 540424108 1,806 47,969 SH SOLE 47,969 MEMC ELECTR MATLS INC COM 552715104 274 69,428 SH SOLE 69,428 SH- MFS CHARTER ARED INCOME TR DE- SH BEN INT 552727109 522 57,028 SH FINED 1 57,028 SH- MFS GOVT ARED MKTS INCOME DE- TR SH BEN INT 552939100 516 74,137 SH FINED 1 74,137 MACERICH CO COM 554382101 1,520 30,031 SH SOLE 30,031 MACK CALI RLTY CORP COM 554489104 532 19,919 SH SOLE 19,919 MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 253 3,672 SH SOLE 3,672 MARATHON OIL CORP COM 565849106 1,227 41,923 SH SOLE 41,923 MARKEL CORP COM 570535104 710 1,713 SH SOLE 1,713 MARKWEST ENERGY PARTNERS L P UNIT LTD PARTN 570759100 429 7,795 SH SOLE 7,795 MARSH & MCLENNAN COS INC COM 571748102 2,727 86,231 SH SOLE 86,231 MAXIMUS INC COM 577933104 237 5,733 SH SOLE 5,733 MCCORMICK & CO INC COM NON VTG 579780206 241 4,773 SH SOLE 4,773 MCDONALDS CORP COM 580135101 243 2,423 SH SOLE 2,423 MELCO CROWN ENTMT LTD ADR 585464100 141 14,607 SH SOLE 14,607 MICROSOFT CORP COM 594918104 4,637 178,602 SH SOLE 178,602 MICRON TECH- NOLOGY INC COM 595112103 1,670 265,452 SH SOLE 265,452 MOODYS CORP COM 615369105 1,017 30,186 SH SOLE 30,186 MORGAN STANLEY COM 617446448 3,538 233,852 SH SOLE 233,852 MORNING- STAR INC COM 617700109 219 3,689 SH SOLE 3,689 MOTOROLA SOLUTIONS INC COM 620076307 335 7,239 SH SOLE 7,239 MOTOROLA MOBILITY HLDGS INC COM 620097105 244 6,281 SH SOLE 6,281 MURPHY OIL CORP COM 626717102 872 15,638 SH SOLE 15,638 NYSE EURONEXT COM 629491101 1,034 39,634 SH SOLE 39,634 NASDAQ OMX GROUP INC COM 631103108 459 18,712 SH SOLE 18,712 NATIONAL OILWELL VARCO INC COM 637071101 1,475 21,697 SH SOLE 21,697 NATIONAL RETAIL PROPERTIES I COM 637417106 211 8,014 SH SOLE 8,014 NEW JERSEY RES COM 646025106 240 4,869 SH SOLE 4,869 NEW YORK CMNTY BAN- CORP INC COM 649445103 819 66,199 SH SOLE 66,199 NEWFIELD EXPL CO COM 651290108 365 9,661 SH SOLE 9,661 NEWMARKET CORP COM 651587107 440 2,219 SH SOLE 2,219 NIKE INC CL B 654106103 259 2,690 SH SOLE 2,690 NOBLE ENERGY INC COM 655044105 1,246 13,199 SH SOLE 13,199 NORTH- EAST UTILS COM 664397106 237 6,561 SH SOLE 6,561 NORTH- ERN TR CORP COM 665859104 1,303 32,866 SH SOLE 32,866 SH- NORTH- ARED WESTERN DE- CORP COM 668074305 211 5,892 SH FINED 1 5,892 NOVELLUS SYS INC COM 670008101 831 20,135 SH SOLE 20,135 OGE ENERGY CORP COM 670837103 444 7,830 SH SOLE 7,830 OCCIDENTAL PETE CORP DEL COM 674599105 3,885 41,463 SH SOLE 41,463 OCEANEERING INTL INC COM 675232102 254 5,514 SH SOLE 5,514 OIL STS INTL INC COM 678026105 222 2,906 SH SOLE 2,906 OLD REP INTL CORP COM 680223104 420 45,270 SH SOLE 45,270 ON SEMI- CONDUCTOR CORP COM 682189105 103 13,295 SH SOLE 13,295 ONEOK INC NEW COM 682680103 537 6,199 SH SOLE 6,199 PNC FINL SVCS GROUP INC COM 693475105 4,595 79,677 SH SOLE 79,677 PATTER- SON UTI ENERGY INC COM 703481101 253 12,654 SH SOLE 12,654 PEABODY ENERGY CORP COM 704549104 508 15,334 SH SOLE 15,334 PEOPLES UNITED FINANCIAL INC COM 712704105 811 63,095 SH SOLE 63,095 SH- PEPCO ARED HOLDINGS DE- INC COM 713291102 219 10,797 SH FINED 1 10,797 PETRO- QUEST ENERGY INC COM 716748108 121 18,269 SH SOLE 18,269 PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 674 39,555 SH SOLE 39,555 PIONEER NAT RES CO COM 723787107 531 5,936 SH SOLE 5,936 PLAINS EXPL& PRODTN CO COM 726505100 384 10,450 SH SOLE 10,450 PLUM CREEK TIMBER CO INC COM 729251108 896 24,510 SH SOLE 24,510 POLARIS INDS INC COM 731068102 363 6,481 SH SOLE 6,481 POPULAR INC COM 733174106 215 154,958 SH SOLE 154,958 POWER INTE- GRATIONS INC COM 739276103 258 7,776 SH SOLE 7,776 SH- PRICE- ARED SMART DE- INC COM 741511109 213 3,060 SH FINED 1 3,060 SH- PRO- ARED GRESS DE- ENERGY INC COM 743263105 217 3,868 SH FINED 1 3,868 PRO- GRESS ENERGY INC COM 743263105 351 6,263 SH SOLE 6,263 PRO- GRESSIVE CORP OHIO COM 743315103 2,005 102,778 SH SOLE 102,778 PRO- TECTIVE LIFE CORP COM 743674103 346 15,341 SH SOLE 15,341 PRU- DENTIAL FINL INC COM 744320102 3,689 73,599 SH SOLE 73,599 PUTNAM SH- PREMIER ARED INCOME TR DE- SH BEN INT 746853100 404 77,910 SH FINED 1 77,910 QUALCOMM INC COM 747525103 2,198 40,182 SH SOLE 40,182 RAYMOND JAMES FINANCIAL INC COM 754730109 477 15,414 SH SOLE 15,414 RAYONIER INC COM 754907103 1,102 24,700 SH SOLE 24,700 REALTY INCOME CORP COM 756109104 1,066 30,492 SH SOLE 30,492 RED HAT INC COM 756577102 238 5,769 SH SOLE 5,769 REGENCY CTRS CORP COM 758849103 794 21,110 SH SOLE 21,110 RE- INSUR- ANCE GROUP AMER INC COM 759351604 584 11,180 SH SOLE 11,180 RENREN INC SPON- SORED ADR 759892102 71 19,939 SH SOLE 19,939 REYNOLDS AMERICAN INC COM 761713106 368 8,892 SH SOLE 8,892 SH- ROSS ARED STORES DE- INC COM 778296103 209 4,403 SH FINED 1 4,403 ROSS STORES INC COM 778296103 506 10,649 SH SOLE 10,649 ROWAN COS INC COM 779382100 283 9,328 SH SOLE 9,328 SEI INVEST- MENTS CO COM 784117103 416 23,952 SH SOLE 23,952 SCHLUM- BERGER LTD COM 806857108 4,712 68,977 SH SOLE 68,977 SCHWAB CHARLES CORP NEW COM 808513105 1,786 158,572 SH SOLE 158,572 SIMON PPTY GROUP INC NEW COM 828806109 8,660 67,161 SH SOLE 67,161 SMUCKER J M CO COM 832696405 296 3,793 SH SOLE 3,793 SH- ARED SOUTHERN DE- CO COM 842587107 216 4,665 SH FINED 1 4,665 SOUTHERN CO COM 842587107 245 5,289 SH SOLE 5,289 SOUTH- WESTERN ENERGY CO COM 845467109 668 20,900 SH SOLE 20,900 SPECTRA ENERGY CORP COM 847560109 1,132 36,820 SH SOLE 36,820 SPREAD- TRUM COMMU- NICATIONS IN ADR 849415203 328 15,700 SH SOLE 15,700 STANCORP FINL GROUP INC COM 852891100 290 7,897 SH SOLE 7,897 STARBUCKS CORP COM 855244109 410 8,915 SH SOLE 8,915 STATE STR CORP COM 857477103 3,076 76,300 SH SOLE 76,300 STMICRO- ELEC- TRONICS N V NY REGISTRY 861012102 158 26,604 SH SOLE 26,604 STONE ENERGY CORP COM 861642106 214 8,105 SH SOLE 8,105 SH- STONE ARED ENERGY DE- CORP COM 861642106 264 10,017 SH FINED 1 10,017 SUNTRUST BKS INC COM 867914103 1,494 84,411 SH SOLE 84,411 SUPER- VALU INC COM 868536103 146 17,963 SH SOLE 17,963 SH- ARED SUPER- DE- VALU INC COM 868536103 193 23,797 SH FINED 1 23,797 SYMANTEC CORP COM 871503108 326 20,801 SH SOLE 20,801 TCF FINL CORP COM 872275102 248 24,076 SH SOLE 24,076 SH- TECO ARED ENERGY DE- INC COM 872375100 218 11,387 SH FINED 1 11,387 SH- TJX ARED COS INC DE- NEW COM 872540109 213 3,298 SH FINED 1 3,298 TJX COS INC NEW COM 872540109 305 4,724 SH SOLE 4,724 TAIWAN SEMI- CON- DUCTOR MFG LTD SPONSORED ADR 874039100 2,775 214,964 SH SOLE 214,964 TAUBMAN CTRS INC COM 876664103 804 12,948 SH SOLE 12,948 SH- TELEDYNE ARED TECH- DE- NOLOGIES INC COM 879360105 208 3,801 SH FINED 1 3,801 TELLABS INC COM 879664100 65 16,169 SH SOLE 16,169 SH- TEMPLE- ARED TON EMERG DE- MKTS INCOME COM 880192109 412 26,476 SH FINED 1 26,476 TERADYNE INC COM 880770102 815 59,800 SH SOLE 59,800 TESORO CORP COM 881609101 249 10,654 SH SOLE 10,654 TEXAS INSTRS INC COM 882508104 3,602 123,745 SH SOLE 123,745 THOMSON REUTERS CORP COM 884903105 1,519 56,949 SH SOLE 56,949 TORCH- MARK CORP COM 891027104 770 17,742 SH SOLE 17,742 TOTAL SYS SVCS INC COM 891906109 498 25,474 SH SOLE 25,474 SH- ARED TRACTOR DE- SUPPLY CO COM 892356106 210 2,992 SH FINED 1 2,992 TRACTOR SUPPLY CO COM 892356106 412 5,879 SH SOLE 5,879 TRANS- ATLANTIC HLDGS INC COM 893521104 475 8,686 SH SOLE 8,686 TRANS- DIGM GROUP INC COM 893641100 239 2,493 SH SOLE 2,493 UDR INC COM 902653104 1,251 49,853 SH SOLE 49,853 US BANCORP DEL COM 902973304 7,904 292,218 SH SOLE 292,218 ULTRA PETRO- LEUM CORP COM 903914109 332 11,213 SH SOLE 11,213 SH- ARED UNITED DE- ONLINE INC COM 911268100 194 35,629 SH FINED 1 35,629 UTILITIES SH- HOLDRS TR ARED DEPOSITRY DE- RCPT 918019100 1,021 9,059 SH FINED 1 9,059 V F CORP COM 918204108 356 2,803 SH SOLE 2,803 VALLEY NATL BANCORP COM 919794107 318 25,710 SH SOLE 25,710 VANGUARD SH- BD INDEX FD ARED INC TOTAL DE- BND MRKT 921937835 31,115 372,460 SH FINED 1 372,460 VEECO INSTRS INC DEL COM 922417100 223 10,732 SH SOLE 10,732 SH- VANGUARD ARED INDEX FDS DE- REIT ETF 922908553 644 11,100 SH FINED 1 11,100 SH- ARED VIRO- DE- PHARMA INC COM 928241108 336 12,254 SH FINED 1 12,254 VOR- NADO RLTY TR SH BEN INT 929042109 3,216 41,843 SH SOLE 41,843 WADDELL & REED FINL INC CL A 930059100 324 13,084 SH SOLE 13,084 WAL MART STORES INC COM 931142103 441 7,373 SH SOLE 7,373 WASH- INGTON FED INC COM 938824109 235 16,817 SH SOLE 16,817 WEIN- GARTEN RLTY INVS SH BEN INT 948741103 654 29,980 SH SOLE 29,980 WELLS FARGO & CO NEW COM 949746101 20,523 744,650 SH SOLE 744,650 WEST- ERN DIGITAL CORP COM 958102105 301 9,721 SH SOLE 9,721 WESTERN UN CO COM 959802109 1,950 106,790 SH SOLE 106,790 WEYER- HAEUSER CO COM 962166104 1,522 81,526 SH SOLE 81,526 WHITING PETE CORP NEW COM 966387102 279 5,966 SH SOLE 5,966 WILLIAMS COS INC DEL COM 969457100 987 29,897 SH SOLE 29,897 WORLD ACCEP CORP DEL COM 981419104 253 3,437 SH SOLE 3,437 XILINX INC COM 983919101 1,661 51,802 SH SOLE 51,802 XEROX CORP COM 984121103 80 10,055 SH SOLE 10,055 YAHOO INC COM 984332106 506 31,359 SH SOLE 31,359 YANZHOU COAL MNG CO LTD SPON ADR H SHS 984846105 209 9,831 SH SOLE 9,831 YUM BRANDS INC COM 988498101 252 4,278 SH SOLE 4,278 ZIONS BANCORP- ORATION COM 989701107 453 27,821 SH SOLE 27,821 DUN & BRADSTREET CORP DEL NE COM 26483E100 559 7,470 SH SOLE 7,470 PETRO- CHINA CO LTD SPONSORED ADR 71646E100 518 4,170 SH SOLE 4,170 SH- UNIVERSAL ARED AMERN CORP DE- NEW COM 91338E101 189 14,887 SH FINED 1 14,887 SH- VITAMIN ARED SHOPPE DE- INC COM 92849E101 214 5,374 SH FINED 1 5,374 LENDER PROCESSING SVCS INC COM 52602E102 197 13,089 SH SOLE 13,089 VERISIGN INC COM 92343E102 256 7,180 SH SOLE 7,180 SALLY BEAUTY HLDGS INC COM 79546E104 486 22,978 SH SOLE 22,978 TRINA SOLAR LIMITED SPON ADR 89628E104 68 10,148 SH SOLE 10,148 BRE PROPERTIES INC CL A 05564E106 862 17,076 SH SOLE 17,076 GENON ENERGY INC COM 37244E107 47 17,963 SH SOLE 17,963 TRAVELERS COMPANIES INC COM 89417E109 3,753 63,422 SH SOLE 63,422 SH- ARED DE- AT&T INC COM 00206R102 252 8,343 SH FINED 1 8,343 ACTI- VISION BLIZZARD INC COM 00507V109 156 12,651 SH SOLE 12,651 ADOBE SYS INC COM 00724F101 343 12,138 SH SOLE 12,138 AKAMAI TECH- NOLOGIES INC COM 00971T101 243 7,526 SH SOLE 7,526 SH- ALLIANCE- ARED BERNSTEIN DE- GBL HGH IN COM 01879R106 398 28,099 SH FINED 1 28,099 ALPHA NATURAL RESOURCES INC COM 02076X102 235 11,520 SH SOLE 11,520 ALTRIA GROUP INC COM 02209S103 244 8,222 SH SOLE 8,222 AMERICAN CAPITAL AGENCY CORP COM 02503X105 959 34,141 SH SOLE 34,141 AMERICAN CAP LTD COM 02503Y103 359 53,391 SH SOLE 53,391 SH- AMERICAS ARED CAR MART DE- INC COM 03062T105 205 5,222 SH FINED 1 5,222 AMERIPRISE FINL INC COM 03076C106 1,951 39,313 SH SOLE 39,313 APARTMENT INVT & MGMT CO CL A 03748R101 645 28,145 SH SOLE 28,145 ARES CAP CORP COM 04010L103 479 31,007 SH SOLE 31,007 ASSURANT INC COM 04621X108 799 19,466 SH SOLE 19,466 SH- ARED AVISTA DE- CORP COM 05379B107 400 15,526 SH FINED 1 15,526 BCE INC COM 05534B760 228 5,474 SH SOLE 5,474 BOK FINL CORP COM 05561Q201 212 3,866 SH SOLE 3,866 BIOMED REALTY TRUST INC COM 09063H107 216 11,923 SH SOLE 11,923 BLACKROCK INC COM 09247X101 2,311 12,966 SH SOLE 12,966 SH- BLACKROCK ARED CREDIT ALL DE- INC TR COM 09255H105 407 41,394 SH FINED 1 41,394 SH- BLACKROCK ARED CORPOR HI DE- YLD FD V COM 09255P107 398 34,994 SH FINED 1 34,994 SH- BLACKROCK ARED FLOAT RATE DE- OME STR COM 09255X100 400 29,904 SH FINED 1 29,904 SH- ARED BOISE DE- INC COM 09746Y105 137 19,200 SH FINED 1 19,200 BROAD- RIDGE FINL SOLUTIONS IN COM 11133T103 421 18,675 SH SOLE 18,675 CBOE HLDGS INC COM 12503M108 206 7,965 SH SOLE 7,965 CBRE GROUP INC CL A 12504L109 716 47,015 SH SOLE 47,015 CLECO CORP NEW COM 12561W105 242 6,356 SH SOLE 6,356 CME GROUP INC COM 12572Q105 2,471 10,142 SH SOLE 10,142 CA INC COM 12673P105 232 11,469 SH SOLE 11,469 CAMERON INTER- NATIONAL CORP COM 13342B105 741 15,066 SH SOLE 15,066 CAPITAL ONE FINL CORP COM 14040H105 2,939 69,497 SH SOLE 69,497 CAPITAL- SOURCE INC COM 14055X102 308 46,028 SH SOLE 46,028 CAPITOL FED FINL INC COM 14057J101 292 25,331 SH SOLE 25,331 SH- CASH ARED AMER INTL DE- INC COM 14754D100 209 4,476 SH FINED 1 4,476 SH- ARED CENTENE DE- CORP DEL COM 15135B101 546 13,794 SH FINED 1 13,794 CENTER- POINT ENERGY INC COM 15189T107 353 17,561 SH SOLE 17,561 CHIMERA INVT CORP COM 16934Q109 418 166,529 SH SOLE 166,529 CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 412 11,156 SH SOLE 11,156 CHINA MOBILE LIMITED SPONSORED ADR 16941M109 730 15,052 SH SOLE 15,052 CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 430 4,098 SH SOLE 4,098 CHINA UNICOM (HONG KONG) LTD SPON- SORED ADR 16945R104 323 15,281 SH SOLE 15,281 CISCO SYS INC COM 17275R102 2,393 132,378 SH SOLE 132,378 CLAY- MORE EXCHANGE SH- TRD FD TR ARED GUG MULTI DE- ASSET 18383M506 1,082 52,900 SH FINED 1 52,900 COMPANHIA DE BEBIDAS DAS AME SPON ADR PFD 20441W203 265 7,333 SH SOLE 7,333 CONCHO RES INC COM 20605P101 493 5,256 SH SOLE 5,256 CONOCO- PHILLIPS COM 20825C104 5,167 70,912 SH SOLE 70,912 CONSOL ENERGY INC COM 20854P109 423 11,517 SH SOLE 11,517 CORE- LOGIC INC COM 21871D103 190 14,665 SH SOLE 14,665 CORP- ORATE OFFICE PPTYS TR SH BEN INT 22002T108 347 16,334 SH SOLE 16,334 COSTCO WHSL CORP NEW COM 22160K105 305 3,663 SH SOLE 3,663 DDR CORP COM 23317H102 607 49,840 SH SOLE 49,840 DELL INC COM 24702R101 679 46,398 SH SOLE 46,398 DEVON ENERGY CORP NEW COM 25179M103 1,590 25,639 SH SOLE 25,639 DIAMOND OFFSHORE DRILLING IN COM 25271C102 229 4,152 SH SOLE 4,152 DOUGLAS EMMETT INC COM 25960P109 515 28,235 SH SOLE 28,235 SH- DUKE ARED ENERGY DE- CORP NEW COM 26441C105 217 9,869 SH FINED 1 9,869 DUKE ENERGY CORP NEW COM 26441C105 255 11,590 SH SOLE 11,590 E HOUSE CHINA HLDGS LTD ADR 26852W103 43 10,058 SH SOLE 10,058 EOG RES INC COM 26875P101 1,457 14,790 SH SOLE 14,790 EQT CORP COM 26884L109 532 9,705 SH SOLE 9,705 EAST WEST BANCORP INC COM 27579R104 462 23,376 SH SOLE 23,376 EL PASO CORP COM 28336L109 1,157 43,564 SH SOLE 43,564 ENBRIDGE INC COM 29250N105 406 10,856 SH SOLE 10,856 ENTROPIC COMMU- NICATIONS INC COM 29384R105 57 11,115 SH SOLE 11,115 EQUITY RESI- DENTIAL SH BEN INT 29476L107 3,952 69,300 SH SOLE 69,300 ERIE INDTY CO CL A 29530P102 377 4,821 SH SOLE 4,821 SH- ARED EXELON DE- CORP COM 30161N101 209 4,829 SH FINED 1 4,829 EXXON MOBIL CORP COM 30231G102 21,347 251,856 SH SOLE 251,856 FMC TECH- NOLOGIES INC COM 30249U101 803 15,383 SH SOLE 15,383 FIDELITY NATL INFOR- MATION SV COM 31620M106 1,056 39,729 SH SOLE 39,729 FIDELITY NATIONAL FINANCIAL CL A 31620R105 538 33,788 SH SOLE 33,788 FIRST NIAGARA FINL GP INC COM 33582V108 456 52,863 SH SOLE 52,863 FIRST REP BK SAN FRAN CALI N COM 33616C100 340 11,114 SH SOLE 11,114 FIRST SH- TR S&P ARED REIT INDEX DE- FD COM 33734G108 229 14,800 SH FINED 1 14,800 GEN- WORTH FINL INC COM CL A 37247D106 505 77,114 SH SOLE 77,114 GLOBAL PMTS INC COM 37940X102 574 12,119 SH SOLE 12,119 GOLDMAN SACHS GROUP INC COM 38141G104 7,088 78,382 SH SOLE 78,382 GOOGLE INC CL A 38259P508 3,915 6,061 SH SOLE 6,061 HCP INC COM 40414L109 3,952 95,385 SH SOLE 95,385 HEALTH CARE REIT INC COM 42217K106 2,385 43,745 SH SOLE 43,745 HESS CORP COM 42809H107 1,045 18,391 SH SOLE 18,391 SH- HI-TECH ARED PHARMACAL DE- INC COM 42840B101 339 8,716 SH FINED 1 8,716 HITTITE MICROWAVE CORP COM 43365Y104 429 8,689 SH SOLE 8,689 HOS- PITALITY PPTYS TR COM SH BEN INT 44106M102 715 31,135 SH SOLE 31,135 HOST HOTELS & RESORTS INC COM 44107P104 2,343 158,600 SH SOLE 158,600 INTER- CONTI- NENTAL- EXCHANGE INC COM 45865V100 1,426 11,826 SH SOLE 11,826 INTER- DIGITAL INC COM 45867G101 549 12,611 SH SOLE 12,611 ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107 580 17,581 SH SOLE 17,581 JPMORGAN CHASE & CO COM 46625H100 20,003 601,581 SH SOLE 601,581 JANUS CAP GROUP INC COM 47102X105 191 30,268 SH SOLE 30,268 JONES LANG LASALLE INC COM 48020Q107 426 6,953 SH SOLE 6,953 JUNIPER NETWORKS INC COM 48203R104 262 12,828 SH SOLE 12,828 KIMCO RLTY CORP COM 49446R109 1,513 93,157 SH SOLE 93,157 KINDER MORGAN MANAGEMENT LLC SHS 49455U100 296 3,775 SH SOLE 3,775 KINDER MORGAN INC DEL COM 49456B101 279 8,685 SH SOLE 8,685 SH- KODIAK ARED OIL & GAS DE- CORP COM 50015Q100 133 13,953 SH FINED 1 13,953 KRAFT FOODS INC CL A 50075N104 236 6,320 SH SOLE 6,320 LDK SOLAR CO LTD SPON- SORED ADR 50183L107 55 13,156 SH SOLE 13,156 LONE PINE RES INC COM 54222A106 160 22,780 SH SOLE 22,780 M & T BK CORP COM 55261F104 1,449 18,977 SH SOLE 18,977 MBIA INC COM 55262C100 259 22,381 SH SOLE 22,381 SH- MFS INTER ARED INCOME TR DE- SH BEN INT 55273C107 400 63,453 SH FINED 1 63,453 MKS INSTRUMENT INC COM 55306N104 404 14,537 SH SOLE 14,537 MSCI INC CL A 55354G100 599 18,183 SH SOLE 18,183 MARA- THON PETE CORP COM 56585A102 603 18,101 SH SOLE 18,101 MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 33,183 645,209 SH SOLE 645,209 MARKET VECTORS ETF TR RUSSIA ETF 57060U506 3,835 143,903 SH SOLE 143,903 MARKET VECTORS ETF TR AGRIBUS ETF 57060U605 656 13,921 SH SOLE 13,921 MASTER- CARD INC CL A 57636Q104 6,049 16,224 SH SOLE 16,224 MAXIM INTE- GRATED PRODS INC COM 57772K101 230 8,825 SH SOLE 8,825 METLIFE INC COM 59156R108 4,068 130,468 SH SOLE 130,468 NETAPP INC COM 64110D104 321 8,854 SH SOLE 8,854 NISOURCE INC COM 65473P105 542 22,750 SH SOLE 22,750 NU SKIN ENTER- PRISES INC CL A 67018T105 289 5,955 SH SOLE 5,955 NUANCE COMMU- NICATIONS INC COM 67020Y100 211 8,373 SH SOLE 8,373 NVIDIA CORP COM 67066G104 1,521 109,735 SH SOLE 109,735 O REILLY AUTO- MOTIVE INC NEW COM 67103H107 296 3,702 SH SOLE 3,702 OFFICE- MAX INC DEL COM 67622P101 59 12,944 SH SOLE 12,944 ORACLE CORP COM 68389X105 2,371 92,444 SH SOLE 92,444 PIMCO SH- ETF ARED TR DE- INV GRD CRP BD 72201R817 483 4,800 SH FINED 1 4,800 POWER- SH- SHARES ARED QQQ TRUST DE- UNIT SER 1 73935A104 9,007 161,324 SH FINED 1 161,324 POWER- SHARES INDIA ETF TR INDIA PORT 73935L100 3,019 185,209 SH SOLE 185,209 POWER- SH- SHARES ETF ARED TRUST HI YLD DE- EQ DVDN 73935X302 1,076 116,300 SH FINED 1 116,300 POWER- SH- SHARES ETF ARED TRUST DYN DE- PHRMA PORT 73935X799 1,147 40,700 SH FINED 1 40,700 POWER- SH- SHARES ETF ARED TRUST DYN DE- MEDIA PORT 73935X823 534 40,300 SH FINED 1 40,300 POWER- SHARES SH- DB G10 ARED CURCY HAR DE- COM UT BEN INT 73935Y102 665 28,000 SH FINED 1 28,000 POWERSHS DB US SH- DOLLAR ARED INDEX DOLL DE- INDX BULL 73936D107 827 36,800 SH FINED 1 36,800 POWER- SHARES SH- GLOBAL ARED ETF TRUST DE- I-30 LAD TREAS 73936T524 334 10,300 SH FINED 1 10,300 POWER- SHARES GLOBAL ETF SH- TRUST ARED SOVEREIGN DE- DEBT 73936T573 495 18,100 SH FINED 1 18,100 POWER- SHARES SH- ETF TR II ARED S&P500 DE- LOW VOL 73937B779 257 9,903 SH FINED 1 9,903 PRICE T ROWE GROUP INC COM 74144T108 2,326 40,845 SH SOLE 40,845 PRINCIPAL FINL GROUP INC COM 74251V102 1,135 46,123 SH SOLE 46,123 PROLOGIS INC COM 74340W103 3,074 107,518 SH SOLE 107,518 SH- PROSHARES ARED TR PSHS DE- SHRT S&P500 74347R503 502 12,427 SH FINED 1 12,427 PUBLIC STORAGE COM 74460D109 4,371 32,505 SH SOLE 32,505 QEP RES INC COM 74733V100 384 13,109 SH SOLE 13,109 QUICK- SILVER RESOURCES INC COM 74837R104 139 20,752 SH SOLE 20,752 RANGE RES CORP COM 75281A109 613 9,902 SH SOLE 9,902 REGIONS FINANCIAL CORP NEW COM 7591EP100 818 190,218 SH SOLE 190,218 SL GREEN RLTY CORP COM 78440X101 1,448 21,727 SH SOLE 21,727 SLM CORP COM 78442P106 1,140 85,057 SH SOLE 85,057 SM ENERGY CO COM 78454L100 451 6,173 SH SOLE 6,173 SH- SPDR SERIES ARED TRUST S&P 600 DE- SMCP GRW 78464A201 1,437 12,800 SH FINED 1 12,800 SH- SPDR SERIES ARED TRUST S&P 500 DE- GROWTH 78464A409 1,676 28,671 SH FINED 1 28,671 SH- SPDR SERIES ARED TRUST BRCLYS DE- YLD ETF 78464A417 501 13,000 SH FINED 1 13,000 SPDR SERIES TRUST BRCLYS YLD ETF 78464A417 145,818 3,782,557 SH SOLE 3,782,557 SH- SPDR SERIES ARED TRUST DB DE- INT GVT ETF 78464A490 335 5,900 SH FINED 1 5,900 SPDR SERIES TRUST BRCLYS INTL ETF 78464A516 564 9,580 SH SOLE 9,580 SPDR SERIES TRUST DJ REIT ETF 78464A607 294 4,561 SH SOLE 4,561 SH- ARED SPDR SERIES DE- TRUST DJ REIT ETF 78464A607 515 8,000 SH FINED 1 8,000 SH- SPDR SERIES ARED TRUST BRCLYS DE- 1-3MT ETF 78464A680 1,920 41,900 SH FINED 1 41,900 SPDR SERIES TRUST S&P REGL BKG 78464A698 4,714 193,136 SH SOLE 193,136 SH- SPDR SERIES ARED TRUST S&P DE- RETAIL ETF 78464A714 6,390 121,595 SH FINED 1 121,595 SH- SPDR SERIES ARED TRUST S&P DE- PHARMAC 78464A722 601 11,700 SH FINED 1 11,700 SH- SPDR SERIES ARED TRUST S&P 600 DE- SML CAP 78464A813 661 10,000 SH FINED 1 10,000 SH- SXC HEALTH ARED SOLUTIONS DE- CORP COM 78505P100 336 5,946 SH FINED 1 5,946 SALESFORCE COM INC COM 79466L302 327 3,225 SH SOLE 3,225 SANDISK CORP COM 80004C101 1,796 36,498 SH SOLE 36,498 SANDRIDGE ENERGY INC COM 80007P307 296 36,317 SH SOLE 36,317 SELECT SECTOR SPDR TR SB MATERIALS 81369Y100 961 28,682 SH SOLE 28,682 SELECT SECTOR SPDR TR SBI HEALTH- CARE 81369Y209 470 13,542 SH SOLE 13,542 SELECT SH- SECTOR SPDR ARED TR SBI CONS DE- STPLS 81369Y308 5,139 158,167 SH FINED 1 158,167 SELECT SH- SECTOR SPDR ARED TR SBI CONS DE- DISCR 81369Y407 3,739 95,819 SH FINED 1 95,819 SH- SELECT ARED SECTOR SPDR DE- TR SBI INT-UTILS 81369Y886 6,983 194,072 SH FINED 1 194,072 SEMI- CONDUCTOR MFG INTL CORP SPONSORED ADR 81663N206 96 40,746 SH SOLE 40,746 SENIOR HSG PPTYS TR SH BEN INT 81721M109 833 37,135 SH SOLE 37,135 SHANDA ADR GAMES REP- LTD SP TG A 81941U105 53 13,624 SH SOLE 13,624 SIRIUS XM RADIO INC COM 82967N108 42 22,974 SH SOLE 22,974 SH- ARED SOLTA DE- MED INC COM 83438K103 135 42,986 SH FINED 1 42,986 STAG INDL INC COM 85254J102 157 13,670 SH SOLE 13,670 STRATEGIC HOTELS & RESORTS I COM 86272T106 62 11,511 SH SOLE 11,511 SUNOCO INC COM 86764P109 225 5,485 SH SOLE 5,485 SUNTECH PWR HLDGS CO LTD ADR 86800C104 48 21,871 SH SOLE 21,871 SYNOVUS FINL CORP COM 87161C105 174 123,586 SH SOLE 123,586 TD AMER- ITRADE HLDG CORP COM 87236Y108 538 34,407 SH SOLE 34,407 TFS FINL CORP COM 87240R107 125 13,939 SH SOLE 13,939 TAOMEE HLDGS LTD SPONSORED ADR 87600Y106 60 13,030 SH SOLE 13,030 TERADATA CORP DEL COM 88076W103 315 6,503 SH SOLE 6,503 TEXAS CAPITAL BANCSHARES INC COM 88224Q107 291 9,501 SH SOLE 9,501 TIM HORTONS INC COM 88706M103 229 4,736 SH SOLE 4,736 TREE- HOUSE FOODS INC COM 89469A104 270 4,137 SH SOLE 4,137 UNUM GROUP COM 91529Y106 931 44,205 SH SOLE 44,205 VALERO ENERGY CORP NEW COM 91913Y100 861 40,895 SH SOLE 40,895 SH- VANGUARD ARED WORLD FDS DE- CONSUM STP ETF 92204A207 4,777 58,649 SH FINED 1 58,649 SH- VANGUARD ARED WORLD FDS DE- UTILITIES ETF 92204A876 4,202 54,649 SH FINED 1 54,649 VANGUARD SH- SCOTTSDALE ARED FDS LG-TERM DE- COR BD 92206C813 496 5,700 SH FINED 1 5,700 SH- ARED VECTREN DE- CORP COM 92240G101 217 7,177 SH FINED 1 7,177 VECTOR GROUP LTD COM 92240M108 216 12,142 SH SOLE 12,142 VENTAS INC COM 92276F100 3,440 62,395 SH SOLE 62,395 SH- VERIZON ARED COMMU- DE- NICATIONS INC COM 92343V104 223 5,559 SH FINED 1 5,559 VISA INC COM CL A 92826C839 8,037 79,160 SH SOLE 79,160 WGL HLDGS INC COM 92924F106 251 5,675 SH SOLE 5,675 WALTER ENERGY INC COM 93317Q105 214 3,533 SH SOLE 3,533 SH- WELLS FARGO ARED ADVANTAGE DE- MULTI COM SHS 94987D101 403 27,257 SH FINED 1 27,257 SH- WESTERN ARED ASSET EMRG DE- MKT DEBT COM 95766A101 404 21,390 SH FINED 1 21,390 SH- WESTERN ARED ASSET HIGH DE- INCM FD I COM 95766J102 405 41,999 SH FINED 1 41,999 SH- WESTERN ARED ASSET CLYM DE- INFL OPP COM 95766R104 408 32,342 SH FINED 1 32,342 WIND- STREAM CORP COM 97381W104 139 11,877 SH SOLE 11,877 SH- WISDOM- ARED TREE TRUST DE- EQTY INC ETF 97717W208 6,175 143,872 SH FINED 1 143,872 SH- WISDOM- ARED TREE TRUST DE- DIV EX-FINL FD 97717W406 7,016 134,862 SH FINED 1 134,862 SH- WISDOM- ARED TREE TRUST DE- MIDCAP DIVI FD 97717W505 1,078 20,700 SH FINED 1 20,700 XCEL ENERGY INC COM 98389B100 251 9,069 SH SOLE 9,069 SH- ARED YAMANA DE- GOLD INC COM 98462Y100 340 23,169 SH FINED 1 23,169 YINGLI GREEN ENERGY HLDG CO ADR 98584B103 60 15,668 SH SOLE 15,668 ARCH CAP GROUP LTD ORD G0450A105 987 26,514 SH SOLE 26,514 ASPEN INSURANCE HOLDINGS LTD SHS G05384105 328 12,361 SH SOLE 12,361 ASSURED GUARANTY LTD COM G0585R106 400 30,471 SH SOLE 30,471 AXIS CAPITAL HOLDINGS SHS G0692U109 627 19,603 SH SOLE 19,603 ENDURANCE SPECIALTY HLDGS LT SHS G30397106 234 6,127 SH SOLE 6,127 EVEREST RE GROUP LTD COM G3223R108 633 7,529 SH SOLE 7,529 HERBA- LIFE LTD COM USD SHS G4412G101 219 4,230 SH SOLE 4,230 INVESCO LTD SHS G491BT108 1,466 72,983 SH SOLE 72,983 LAZARDLTD SHS A G54050102 439 16,797 SH SOLE 16,797 MARVELL TECH- NOLOGY GROUP LTD ORD G5876H105 1,618 116,795 SH SOLE 116,795 NABORS INDUSTRIES LTD SHS G6359F103 393 22,673 SH SOLE 22,673 PART- NERRE LTD COM G6852T105 658 10,241 SH SOLE 10,241 RENAI- SSANCERE HOLDINGS LTD COM G7496G103 584 7,846 SH SOLE 7,846 VALIDUS HOLDINGS LTD COM SHS G9319H102 424 13,460 SH SOLE 13,460 WHITE MTNS INS GROUP LTD COM G9618E107 474 1,046 SH SOLE 1,046 XL GROUP PLC SHS G98290102 926 46,863 SH SOLE 46,863 ACE LTD SHS H0023R105 3,640 51,916 SH SOLE 51,916 ALLIED WRLD ASSUR COM HLDG A SHS H01531104 362 5,748 SH SOLE 5,748 CORE LABORA- TORIES N V COM N22717107 264 2,314 SH SOLE 2,314 NXP SEMI- CONDUCTORS N V COM N6596X109 1,073 69,785 SH SOLE 69,785 AVAGO TECH- NOLOGIES LTD SHS Y0486S104 1,517 52,555 SH SOLE 52,555 1,450,568 36,158,770