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
ALPS ETF TR ALERIAN MLP 00162Q866 4,241 241,087 SH   SOLE   0 0 241,087
AT&T INC Common Stock 00206R102 1,141 33,743 SH   SOLE   0 0 33,743
ABBOTT LABS COM 002824100 571 17,200 SH   SOLE   0 0 17,200
ABBVIE INC Common Stock 00287Y109 8,164 182,520 SH   SOLE   0 0 182,520
ADVANCED AUTO PARTS INC Common Stock 00751Y106 212 2,566 SH   SOLE   0 0 2,566
ADVISORSHARES TR COM 00768Y503 952 18,517 SH   SOLE   0 0 18,517
AGILENT TECHNOLOGIES INC Common Stock 00846U101 298 5,817 SH   SOLE   0 0 5,817
AIR PRODUCTS & CHEMICALS Common Stock 009158106 329 3,090 SH   SOLE   0 0 3,090
ALLERGAN INC. Common Stock 018490102 513 5,667 SH   SOLE   0 0 5,667
ALLIANT TECHSYSTEMS INC Common Stock 018804104 3,021 30,961 SH   SOLE   0 0 30,961
ALTRIA GROUP INC. Common Stock 02209S103 505 14,716 SH   SOLE   0 0 14,716
AMERICAN EXPRESS COMPANY Common Stock 025816109 705 9,332 SH   SOLE   0 0 9,332
AMERICAN INTL GROUP INC Common Stock 026874784 800 16,458 SH   SOLE   0 0 16,458
AMERICAN WATER WORKS CO INC Common Stock 030420103 4,233 102,553 SH   SOLE   0 0 102,553
AMERIPRISE FINL INC Common Stock 03076C106 2,437 26,759 SH   SOLE   0 0 26,759
AMGEN INC Common Stock 031162100 1,401 12,513 SH   SOLE   0 0 12,513
ANADARKO PETE CORP Common Stock 032511107 387 4,162 SH   SOLE   0 0 4,162
ANNALY MTG MGMT INC Common Stock 035710409 125 10,832 SH   SOLE   0 0 10,832
ANTARES PHARMA INC Common Stock 036642106 41 10,000 SH   SOLE   0 0 10,000
APPLE INC COM 037833100 7,317 15,347 SH   SOLE   0 0 15,347
APPLIED MATERIALS Common Stock 038222105 341 19,430 SH   SOLE   0 0 19,430
ATWOOD OCEANICS INC Common Stock 050095108 1,901 34,531 SH   SOLE   0 0 34,531
AUTOLIV INC Common Stock 052800109 439 5,020 SH   SOLE   0 0 5,020
AUTOMATIC DATA PROCESSING INC Common Stock 053015103 347 4,800 SH   SOLE   0 0 4,800
BB&T CORP Common Stock 054937107 1,002 29,703 SH   SOLE   0 0 29,703
B & G FOODS INC Common Stock 05508R106 4,582 132,605 SH   SOLE   0 0 132,605
BP PLC SPONSORED ADR 055622104 963 22,904 SH   SOLE   0 0 22,904
BANCO DE CHILE Common Stock 059520106 408 4,448 SH   SOLE   0 0 4,448
BANK OF AMERICA CORP. Common Stock 060505104 686 49,687 SH   SOLE   0 0 49,687
BANK OF MONTREAL Common Stock 063671101 467 6,990 SH   SOLE   0 0 6,990
BANK OF THE OZARKS INC Common Stock 063904106 395 8,242 SH   SOLE   0 0 8,242
BANK OF NEW YORK MELLON Common Stock 064058100 520 17,225 SH   SOLE   0 0 17,225
BARCLAYS BK PLC IPSP CROIL ETN 06738C786 1,171 48,343 SH   SOLE   0 0 48,343
BARCLAYS BANK PLC ETN DJUBSLVSTK37 06739H743 2,054 74,328 SH   SOLE   0 0 74,328
BARCLAYS BK PLC IPATH S&P500 VIX 06740C188 865 58,842 SH   SOLE   0 0 58,842
BARCLAYS BK PLC IPATH DYNM VIX 06741L609 51,507 1,327,150 SH   SOLE   0 0 1,327,150
BE AEROSPACE INC Common Stock 073302101 331 4,480 SH   SOLE   0 0 4,480
BECTON DICKINSON CO Common Stock 075887109 200 2,000 SH   SOLE   0 0 2,000
BERKSHIRE HATHAWAY INC - CL B Common Stock 084670702 393 3,459 SH   SOLE   0 0 3,459
BIO-REFERENCE LABS INC Common Stock 09057G602 455 15,226 SH   SOLE   0 0 15,226
BLACKROCK INC Common Stock 09247X101 342 1,263 SH   SOLE   0 0 1,263
BOEING COMPANY Common Stock 097023105 5,383 45,810 SH   SOLE   0 0 45,810
BOSTON SCIENTIFIC CORP Common Stock 101137107 161 13,695 SH   SOLE   0 0 13,695
BRISTOL MYERS SQUIBB CO. Common Stock 110122108 772 16,676 SH   SOLE   0 0 16,676
BUCKEYE PARTNERS - LP Common Stock 118230101 248 3,780 SH   SOLE   0 0 3,780
CBS CORP CL B Common Stock 124857202 2,270 41,151 SH   SOLE   0 0 41,151
CIGNA CORP Common Stock 125509109 1,993 25,929 SH   SOLE   0 0 25,929
CME GROUP INC Common Stock 12572Q105 8,784 118,890 SH   SOLE   0 0 118,890
CNOOC LTD SPONSORED ADR 126132109 429 2,125 SH   SOLE   0 0 2,125
CSG SYS INTL INC Common Stock 126349109 221 8,818 SH   SOLE   0 0 8,818
CSX CORP COM 126408103 375 14,584 SH   SOLE   0 0 14,584
CTC MEDIA INC COM Common Stock 12642X106 377 35,876 SH   SOLE   0 0 35,876
CVS CAREMARK Common Stock 126650100 2,435 42,904 SH   SOLE   0 0 42,904
CAPITAL ONE FINL CORP Common Stock 14040H105 252 3,662 SH   SOLE   0 0 3,662
CATERPILLAR INC Common Stock 149123101 348 4,170 SH   SOLE   0 0 4,170
CHESAPEAKE ENERGY CORP Common Stock 165167107 235 9,077 SH   SOLE   0 0 9,077
CHESAPEAKE UTILS CORP Common Stock 165303108 362 6,897 SH   SOLE   0 0 6,897
CHEVRON CORP Common Stock 166764100 8,850 72,838 SH   SOLE   0 0 72,838
CHICAGO BRIDGE & IRON CO NV Common Stock 167250109 490 7,223 SH   SOLE   0 0 7,223
CHUBB CORP Common Stock 171232101 210 2,352 SH   SOLE   0 0 2,352
CISCO SYSTEMS INC Common Stock 17275R102 2,888 123,275 SH   SOLE   0 0 123,275
CITIGROUP INC Common Stock 172967424 461 9,508 SH   SOLE   0 0 9,508
COCA-COLA COMPANY Common Stock 191216100 4,247 112,112 SH   SOLE   0 0 112,112
COMCAST CORP CL A Common Stock 20030N101 215 4,762 SH   SOLE   0 0 4,762
COMPANHIA PARANAESE DE ENERGIA COPEL American Depository Receipt 20441B407 464 33,252 SH   SOLE   0 0 33,252
CONAGRA FOODS INC. Common Stock 205887102 784 25,825 SH   SOLE   0 0 25,825
CONOCOPHILLIPS Common Stock 20825C104 4,262 61,311 SH   SOLE   0 0 61,311
CORELOGIC INC Common Stock 21871D103 2,584 95,541 SH   SOLE   0 0 95,541
CORNING Common Stock 219350105 204 14,002 SH   SOLE   0 0 14,002
CREDIT ACCEPTANCE CORP Common Stock 225310101 373 3,363 SH   SOLE   0 0 3,363
CULLEN FROST BANKERS Common Stock 229899109 392 5,560 SH   SOLE   0 0 5,560
DECKERS OUTDOOR CORP Common Stock 243537107 327 4,961 SH   SOLE   0 0 4,961
DELUXE CORP Common Stock 248019101 314 7,538 SH   SOLE   0 0 7,538
DEVON ENERGY CORP Common Stock 25179M103 293 5,073 SH   SOLE   0 0 5,073
DIAGEO PLC American Depository Receipt 25243Q205 638 5,022 SH   SOLE   0 0 5,022
DISNEY WALT CO COM DISNEY 254687106 6,225 96,533 SH   SOLE   0 0 96,533
DISCOVER FINL SVCS INC Common Stock 254709108 3,011 59,568 SH   SOLE   0 0 59,568
DOLLAR TREE INC Common Stock 256746108 1,154 20,197 SH   SOLE   0 0 20,197
DOMINION RES INC Common Stock 25746U109 363 5,817 SH   SOLE   0 0 5,817
DOW CHEM CO Common Stock 260543103 285 7,424 SH   SOLE   0 0 7,424
DR PEPPER SNAPPLE GROUP INC Common Stock 26138E109 4,168 92,995 SH   SOLE   0 0 92,995
DU PONT (E.I.) DE NEMOURS & CO. Common Stock 263534109 737 12,586 SH   SOLE   0 0 12,586
DUKE ENERGY CORP Common Stock 26441C204 295 4,420 SH   SOLE   0 0 4,420
EMC CORP Common Stock 268648102 977 38,212 SH   SOLE   0 0 38,212
ETFS PALLADIUM TR SH BEN INT 26923A106 1,004 14,192 SH   SOLE   0 0 14,192
EBAY INC COM Common Stock 278642103 510 9,135 SH   SOLE   0 0 9,135
ENCORE CAP GROUP INC Common Stock 292554102 332 7,263 SH   SOLE   0 0 7,263
ENTERPRISE PRODS PARTNERS LP Common Stock 293792107 210 3,440 SH   SOLE   0 0 3,440
EXPRESS INC Common Stock 30219E103 213 9,043 SH   SOLE   0 0 9,043
EXPRESS SCRIPTS HLDG CO Common Stock 30219G108 940 15,203 SH   SOLE   0 0 15,203
EXXON MOBIL CORP Common Stock 30231G102 6,488 75,408 SH   SOLE   0 0 75,408
FIDELITY NATL INFORMATION SVCS INC Common Stock 31620M106 326 7,030 SH   SOLE   0 0 7,030
FIRST TR EXCHANGE TRADED FD DJ INTERNT IDX 33733E302 18,904 351,564 SH   SOLE   0 0 351,564
FT ISE REVERE NATURAL GAS ETF Common Stock 33734J102 1,102 58,906 SH   SOLE   0 0 58,906
FISERV INC Common Stock 337738108 237 2,350 SH   SOLE   0 0 2,350
FOOT LOCKER INC Common Stock 344849104 315 9,287 SH   SOLE   0 0 9,287
FORD MOTOR CO Common Stock 345370860 497 29,488 SH   SOLE   0 0 29,488
FRANKLIN RESOURCES INC Common Stock 354613101 1,203 23,795 SH   SOLE   0 0 23,795
G III APPAREL GROUP LTD Common Stock 36237H101 216 3,958 SH   SOLE   0 0 3,958
GANNETT INC COM 364730101 4,241 158,295 SH   SOLE   0 0 158,295
GAP INC Common Stock 364760108 2,087 51,814 SH   SOLE   0 0 51,814
GENERAL DYNAMICS CORP Common Stock 369550108 253 2,896 SH   SOLE   0 0 2,896
GENERAL ELECTRIC CO Common Stock 369604103 7,690 321,910 SH   SOLE   0 0 321,910
GENERAL MTRS CO Common Stock 37045V100 281 7,812 SH   SOLE   0 0 7,812
GENUINE PARTS CO Common Stock 372460105 297 3,675 SH   SOLE   0 0 3,675
GILEAD SCIENCES INC Common Stock 375558103 581 9,244 SH   SOLE   0 0 9,244
GLAXOSMITHKLINE PLC American Depository Receipt 37733W105 276 5,496 SH   SOLE   0 0 5,496
GOLDMAN SACHS GROUP INC Common Stock 38141G104 2,244 14,186 SH   SOLE   0 0 14,186
GOOGLE INC CL A Common Stock 38259P508 433 494 SH   SOLE   0 0 494
GRAND CANYON ED INC Common Stock 38526M106 813 20,215 SH   SOLE   0 0 20,215
HSBC HLDGS PLC Common Stock 404280406 397 7,323 SH   SOLE   0 0 7,323
HAEMONETICS CORP Common Stock 405024100 299 7,490 SH   SOLE   0 0 7,490
HALLIBURTON CO Common Stock 406216101 1,526 31,701 SH   SOLE   0 0 31,701
HEALTHCARE TR AMER INC CL A Common Stock 42225P105 158 15,000 SH   SOLE   0 0 15,000
HELMERICH & PAYNE INC Common Stock 423452101 2,106 30,548 SH   SOLE   0 0 30,548
HESS CORP COM 42809H107 260 3,363 SH   SOLE   0 0 3,363
HOME DEPOT INC Common Stock 437076102 5,188 68,398 SH   SOLE   0 0 68,398
HONEYWELL INT'L INC Common Stock 438516106 406 4,884 SH   SOLE   0 0 4,884
ICONIX BRAND GROUP INC Common Stock 451055107 384 11,562 SH   SOLE   0 0 11,562
IDACORP INC COM Common Stock 451107106 378 7,813 SH   SOLE   0 0 7,813
INTEL CORP Common Stock 458140100 4,412 192,475 SH   SOLE   0 0 192,475
INTL BUSINESS MACHINES CORP Common Stock 459200101 6,690 36,127 SH   SOLE   0 0 36,127
ISHARES MSCI AUST ETF 464286103 3,206 126,859 SH   SOLE   0 0 126,859
ISHARES MSCI BRZ CAP ETF 464286400 1,087 22,684 SH   SOLE   0 0 22,684
ISHARES EM MK MINVOL ETF 464286533 434 7,394 SH   SOLE   0 0 7,394
ISHARES MSCI FRANCE ETF 464286707 18,663 694,312 SH   SOLE   0 0 694,312
ISHARES MSCI SWEDEN ETF 464286756 10,567 308,533 SH   SOLE   0 0 308,533
ISHARES MSCI SPAN CP ETF 464286764 7,988 229,873 SH   SOLE   0 0 229,873
ISHARES MSCI GERMANY ETF 464286806 16,979 610,549 SH   SOLE   0 0 610,549
ISHARES MSCI NETHERL ETF 464286814 16,227 681,821 SH   SOLE   0 0 681,821
ISHARES MSCI JAPAN ETF 464286848 12,521 1,050,453 SH   SOLE   0 0 1,050,453
ISHARES S&P 100 ETF 464287101 258 3,443 SH   SOLE   0 0 3,443
ISHARES TIPS BD ETF 464287176 321 2,849 SH   SOLE   0 0 2,849
ISHARES CORE TOTUSBD ETF 464287226 333 3,109 SH   SOLE   0 0 3,109
ISHARES S&P 500 GRWT ETF 464287309 4,402 49,264 SH   SOLE   0 0 49,264
ISHARES 20+ YR TR BD ETF 464287432 3,110 29,228 SH   SOLE   0 0 29,228
ISHARES 7-10 Y TR BD ETF 464287440 309 3,024 SH   SOLE   0 0 3,024
ISHARES MSCI EAFE ETF 464287465 13,233 207,409 SH   SOLE   0 0 207,409
ISHARES RUS MDCP VAL ETF 464287473 497 8,156 SH   SOLE   0 0 8,156
ISHARES RUS MD CP GR ETF 464287481 46,686 597,013 SH   SOLE   0 0 597,013
ISHARES RUS MID-CAP ETF 464287499 17,759 127,697 SH   SOLE   0 0 127,697
ISHARES NA TEC-SFTWR ETF 464287515 13,230 173,436 SH   SOLE   0 0 173,436
ISHARES NASDQ BIOTEC ETF 464287556 9,105 43,438 SH   SOLE   0 0 43,438
ISHARES RUS 2 000 VAL ETF 464287630 19,749 215,504 SH   SOLE   0 0 215,504
ISHARES RUS 2 000 GRW ETF 464287648 60,687 482,252 SH   SOLE   0 0 482,252
ISHARES RUSSELL 2000 ETF 464287655 48,659 456,417 SH   SOLE   0 0 456,417
ISHARES U.S. BAS MTL ETF 464287838 1,599 21,620 SH   SOLE   0 0 21,620
ISHARES EUROPE ETF 464287861 12,852 291,296 SH   SOLE   0 0 291,296
ISHARES GL TIMB FORE ETF 464288174 1,079 21,840 SH   SOLE   0 0 21,840
ISHARES MSCI ACWI US ETF 464288240 2,823 62,990 SH   SOLE   0 0 62,990
ISHARES EAFE SML CP ETF 464288273 18,424 379,803 SH   SOLE   0 0 379,803
ISHARES NAT AMT FREE BD 464288414 252 2,408 SH   SOLE   0 0 2,408
ISHARES INTL SEL DIV ETF 464288448 944 26,047 SH   SOLE   0 0 26,047
ISHARES IBOXX HI YD ETF 464288513 111,501 1,217,521 SH   SOLE   0 0 1,217,521
ISHARES 1-3 YR CR BD ETF 464288646 5,189 49,289 SH   SOLE   0 0 49,289
ISHARES GLOB INDSTRL ETF 464288729 233 3,550 SH   SOLE   0 0 3,550
ISHARES U.S. AER&DEF ETF 464288760 330 3,589 SH   SOLE   0 0 3,589
ISHARES U.S. BR-DEAL ETF 464288794 6,277 192,253 SH   SOLE   0 0 192,253
ISHARES US HLTHCR PR ETF 464288828 8,496 97,376 SH   SOLE   0 0 97,376
ISHARES MICRO-CAP ETF 464288869 224 3,275 SH   SOLE   0 0 3,275
ITC HLDGS CORP Common Stock 465685105 357 3,808 SH   SOLE   0 0 3,808
JP MORGAN CHASE & CO. Common Stock 46625H100 8,589 166,171 SH   SOLE   0 0 166,171
JANUS CAP GROUP INC Common Stock 47102X105 145 17,028 SH   SOLE   0 0 17,028
JOHNSON & JOHNSON Common Stock 478160104 598 6,902 SH   SOLE   0 0 6,902
JOHNSON CONTROLS INC Common Stock 478366107 5,982 144,138 SH   SOLE   0 0 144,138
KIMBERLY CLARK CORP Common Stock 494368103 681 7,228 SH   SOLE   0 0 7,228
KINDER MORGAN ENERGY PARTNERS L.P. Common Stock 494550106 386 4,838 SH   SOLE   0 0 4,838
KINDER MORGAN INC Common Stock 49456B101 2,736 76,918 SH   SOLE   0 0 76,918
KONINKLIJKE PHILIPS ELECTRONICS NV Common Stock 500472303 281 8,702 SH   SOLE   0 0 8,702
KORN/FERRY INTL Common Stock 500643200 625 29,193 SH   SOLE   0 0 29,193
KRAFT FOODS GROUP INC Common Stock 50076Q106 243 4,630 SH   SOLE   0 0 4,630
KROGER CO Common Stock 501044101 1,335 33,100 SH   SOLE   0 0 33,100
L 3 COMMUNICATIONS HLDGS INC Common Stock 502424104 206 2,176 SH   SOLE   0 0 2,176
LABORATORY CORP OF AMERICA HLDGS Common Stock 50540R409 218 2,194 SH   SOLE   0 0 2,194
LANDSTAR SYSTEMS INC Common Stock 515098101 644 11,500 SH   SOLE   0 0 11,500
LAS VEGAS SANDS CORP Common Stock 517834107 5,478 82,472 SH   SOLE   0 0 82,472
LINCOLN NATL CORP Common Stock 534187109 2,306 54,920 SH   SOLE   0 0 54,920
LOCKHEED MARTIN CORP Common Stock 539830109 5,823 45,649 SH   SOLE   0 0 45,649
LOWES COS INC Common Stock 548661107 911 19,129 SH   SOLE   0 0 19,129
MAGNA INT'L INC. Common Stock 559222401 455 5,514 SH   SOLE   0 0 5,514
MARKET VECTORS GOLD MINERS ETF Common Stock 57060U100 1,473 58,862 SH   SOLE   0 0 58,862
MASCO CORP COM Common Stock 574599106 439 20,613 SH   SOLE   0 0 20,613
MASTERCARD INC CL A Common Stock 57636Q104 899 1,336 SH   SOLE   0 0 1,336
MATTEL INC Common Stock 577081102 2,606 62,221 SH   SOLE   0 0 62,221
MCCORMICK & CO INC NON-VOTING SHRS Common Stock 579780206 289 4,469 SH   SOLE   0 0 4,469
MCDONALD'S CORP Common Stock 580135101 332 3,446 SH   SOLE   0 0 3,446
MEDNAX INC Common Stock 58502B106 2,062 20,542 SH   SOLE   0 0 20,542
MENTOR GRAPHICS CORP Common Stock 587200106 537 22,957 SH   SOLE   0 0 22,957
MERCK & CO INC Common Stock 58933Y105 6,610 138,832 SH   SOLE   0 0 138,832
METHANEX CORP Common Stock 59151K108 482 9,400 SH   SOLE   0 0 9,400
MICROSOFT CORP Common Stock 594918104 5,005 150,394 SH   SOLE   0 0 150,394
MIDDLEBY CORP Common Stock 596278101 428 2,048 SH   SOLE   0 0 2,048
MITSUBISHI UFJ FINL GROUP INC Common Stock 606822104 403 62,823 SH   SOLE   0 0 62,823
MONDELEZ INTL INC CL A Common Stock 609207105 290 9,217 SH   SOLE   0 0 9,217
MOODY'S CORP Common Stock 615369105 1,647 23,412 SH   SOLE   0 0 23,412
MORGAN STANLEY EMERGING MARKETS DOMESTIC DEBT Fixed Income ETF 617477104 1,229 87,132 SH   SOLE   0 0 87,132
MOTOROLA SOLUTIONS INC Common Stock 620076307 340 5,731 SH   SOLE   0 0 5,731
MYRIAD GENETICS INC Common Stock 62855J104 358 15,255 SH   SOLE   0 0 15,255
NATIONAL PENN BANCSHARES INC Common Stock 637138108 216 21,528 SH   SOLE   0 0 21,528
NETEASE.COM INC Common Stock 64110W102 472 6,500 SH   SOLE   0 0 6,500
NEUSTAR INC CL A Common Stock 64126X201 2,517 50,864 SH   SOLE   0 0 50,864
NEWPARK RESOURCES INC Common Stock 651718504 227 17,910 SH   SOLE   0 0 17,910
NEWS CORP NEW CL A Common Stock 65249B109 301 18,734 SH   SOLE   0 0 18,734
NEXTERA ENERGY INC Common Stock 65339F101 5,877 73,315 SH   SOLE   0 0 73,315
NORFOLK SOUTHERN CORP Common Stock 655844108 796 10,295 SH   SOLE   0 0 10,295
NORTHERN TRUST CORP Common Stock 665859104 5,383 98,997 SH   SOLE   0 0 98,997
NOVARTIS AG Common Stock 66987V109 481 6,265 SH   SOLE   0 0 6,265
NOVO NORDISK A.S. Common Stock 670100205 334 1,974 SH   SOLE   0 0 1,974
OGE ENERGY CORP Common Stock 670837103 322 8,918 SH   SOLE   0 0 8,918
OCCIDENTAL PETROLEUM CORP. Common Stock 674599105 944 10,091 SH   SOLE   0 0 10,091
OLIN CORP Common Stock 680665205 281 12,177 SH   SOLE   0 0 12,177
ONEOK INC Common Stock 682680103 370 6,942 SH   SOLE   0 0 6,942
PNC FINL SVCS GROUP INC COM 693475105 5,237 72,285 SH   SOLE   0 0 72,285
PPG INDUSTRIES INC Common Stock 693506107 3,941 23,592 SH   SOLE   0 0 23,592
PACKAGING CORP AMER Common Stock 695156109 250 4,379 SH   SOLE   0 0 4,379
PEOPLES UTD FINL INC Common Stock 712704105 188 13,101 SH   SOLE   0 0 13,101
PEPSICO INC Common Stock 713448108 572 7,198 SH   SOLE   0 0 7,198
PETSMART INC Common Stock 716768106 308 4,036 SH   SOLE   0 0 4,036
PFIZER INC Common Stock 717081103 7,474 260,177 SH   SOLE   0 0 260,177
PHILIP MORRIS INTL INC Common Stock 718172109 5,529 63,852 SH   SOLE   0 0 63,852
PHILLIPS 66 Common Stock 718546104 646 11,168 SH   SOLE   0 0 11,168
POLARIS INDUSTRIES, INC. Common Stock 731068102 1,789 13,852 SH   SOLE   0 0 13,852
PORTFOLIO RECOVERY ASSOC INC Common Stock 73640Q105 2,745 45,796 SH   SOLE   0 0 45,796
POWERSHARES QQQ Common Stock 73935A104 20,913 265,119 SH   SOLE   0 0 265,119
POWERSHARES DYNAMIC LEISURE & ENTERTAIN Common Stock 73935X757 5,460 173,544 SH   SOLE   0 0 173,544
POWERSHARES DYNAMIC MEDIA Common Stock 73935X823 5,691 244,600 SH   SOLE   0 0 244,600
POWERSHARES SENIOR LOAN PORT Fixed Income ETF 73936Q769 247 9,996 SH   SOLE   0 0 9,996
PRAXAIR INC Common Stock 74005P104 204 1,699 SH   SOLE   0 0 1,699
PROCTER & GAMBLE CO Common Stock 742718109 2,008 26,565 SH   SOLE   0 0 26,565
PROSHARES ULTRASHORT S&P500 Common Stock 74347B300 15,658 428,053 SH   SOLE   0 0 428,053
PROSHARES TR PSHS SHORT QQQ 74347R602 3,969 193,205 SH   SOLE   0 0 193,205
PROSHARES SHORT RUSSELL 2000 Common Stock 74347R826 2,964 160,480 SH   SOLE   0 0 160,480
PUBLIC SVC ENTERPRISES GROUP Common Stock 744573106 669 20,320 SH   SOLE   0 0 20,320
QUALCOMM INC Common Stock 747525103 7,271 108,003 SH   SOLE   0 0 108,003
RAYONIER INC Common Stock 754907103 265 4,756 SH   SOLE   0 0 4,756
RESMED INC Common Stock 761152107 1,786 33,812 SH   SOLE   0 0 33,812
ROYAL BK CDA MONTREAL Common Stock 780087102 439 6,831 SH   SOLE   0 0 6,831
RYLAND GROUP INC Common Stock 783764103 384 9,481 SH   SOLE   0 0 9,481
SK TELECOM LTD Common Stock 78440P108 453 19,947 SH   SOLE   0 0 19,947
SPDR S&P 500 ETF Common Stock 78462F103 31,649 188,373 SH   SOLE   0 0 188,373
SPDR INDEX SHS FDS EURO STOXX 5 0 78463X202 893 23,237 SH   SOLE   0 0 23,237
SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 16,537 223,388 SH   SOLE   0 0 223,388
SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 1,407 41,076 SH   SOLE   0 0 41,076
SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 541 16,560 SH   SOLE   0 0 16,560
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 112,783 2,830,544 SH   SOLE   0 0 2,830,544
SPDR SERIES TRUST S&P REGL BKG 78464A698 10,410 292,000 SH   SOLE   0 0 292,000
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 5,742 70,007 SH   SOLE   0 0 70,007
SPDR SERIES TRUST S&P BK ETF 78464A797 231 7,699 SH   SOLE   0 0 7,699
SS&C TECHNOLOGIES HLDGS INC Common Stock 78467J100 308 8,073 SH   SOLE   0 0 8,073
SSGA ACTIVE ETF TR BLACKSTONE / GSO SR LN Fixed Income ETF 78467V608 1,511 30,334 SH   SOLE   0 0 30,334
SPDR S&P MIDCAP 400 Common Stock 78467Y107 9,759 43,116 SH   SOLE   0 0 43,116
SPDR SER TR SHT TRM HGH YLD 78468R408 326 10,666 SH   SOLE   0 0 10,666
SAIA INC Common Stock 78709Y105 375 12,032 SH   SOLE   0 0 12,032
SASOL LTD Common Stock 803866300 424 8,866 SH   SOLE   0 0 8,866
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 17,213 283,905 SH   SOLE   0 0 283,905
ENERGY SELECT SECTOR SPDR Common Stock 81369Y506 4,075 49,147 SH   SOLE   0 0 49,147
SEMPRA ENERGY Common Stock 816851109 226 2,636 SH   SOLE   0 0 2,636
SIEMENS AG Common Stock 826197501 278 2,311 SH   SOLE   0 0 2,311
SNAP-ON INC. Common Stock 833034101 1,377 13,843 SH   SOLE   0 0 13,843
SOUTHERN COPPER Common Stock 84265V105 393 14,427 SH   SOLE   0 0 14,427
SPARTAN STORES INC Common Stock 846822104 221 10,027 SH   SOLE   0 0 10,027
SPIRIT AIRLS INC Common Stock 848577102 230 6,720 SH   SOLE   0 0 6,720
SPIRIT RLTY CAP INC Common Stock 84860W102 128 13,947 SH   SOLE   0 0 13,947
STATE STREET CORP Common Stock 857477103 1,283 19,507 SH   SOLE   0 0 19,507
SYMETRA FINL CORP COM Common Stock 87151Q106 204 11,449 SH   SOLE   0 0 11,449
SYNAPTICS INC Common Stock 87157D109 1,491 33,703 SH   SOLE   0 0 33,703
SYNTEL INC Common Stock 87162H103 2,072 25,872 SH   SOLE   0 0 25,872
SYSCO CORP Common Stock 871829107 281 8,828 SH   SOLE   0 0 8,828
TJX COMPANIES INC Common Stock 872540109 627 11,121 SH   SOLE   0 0 11,121
TRW AUTOMOTIVE HLDGS CORP Common Stock 87264S106 2,061 28,902 SH   SOLE   0 0 28,902
TARGET CORP Common Stock 87612E106 612 9,559 SH   SOLE   0 0 9,559
TELECOM ARGENTINA SA Common Stock 879273209 396 22,042 SH   SOLE   0 0 22,042
TEVA PHARMACEUTICAL INDS LTD Common Stock 881624209 391 10,341 SH   SOLE   0 0 10,341
TEXAS CAP BANCSHARES INC Common Stock 88224Q107 339 7,393 SH   SOLE   0 0 7,393
THERMO FISHER SCIENTIFIC Common Stock 883556102 485 5,265 SH   SOLE   0 0 5,265
THOR INDS INC Common Stock 885160101 2,826 48,694 SH   SOLE   0 0 48,694
3M CO. Common Stock 88579Y101 8,083 67,693 SH   SOLE   0 0 67,693
TIME WARNER INC Common Stock 887317303 2,499 37,975 SH   SOLE   0 0 37,975
TIME WARNER CABLE INC Common Stock 88732J207 2,730 24,460 SH   SOLE   0 0 24,460
TORCHMARK CORP Common Stock 891027104 2,153 29,764 SH   SOLE   0 0 29,764
TORONTO DOMINION BK Common Stock 891160509 437 4,852 SH   SOLE   0 0 4,852
TOWERS WATSON & CO CL A Common Stock 891894107 1,915 17,908 SH   SOLE   0 0 17,908
TOYOTA MTR CO Common Stock 892331307 432 3,376 SH   SOLE   0 0 3,376
TUPPERWARE CORP Common Stock 899896104 243 2,817 SH   SOLE   0 0 2,817
TURKCELL ILETISIM HIZMETLERI AS Common Stock 900111204 415 28,155 SH   SOLE   0 0 28,155
US BANCORP Common Stock 902973304 332 9,067 SH   SOLE   0 0 9,067
UNS ENERGY CORP Common Stock 903119105 204 4,378 SH   SOLE   0 0 4,378
USANA HEALTH SCIENCES INC Common Stock 90328M107 709 8,164 SH   SOLE   0 0 8,164
UNIFIRST CORP Common Stock 904708104 2,043 19,568 SH   SOLE   0 0 19,568
UNION FIRST MARKET BANKSHARES CORP Common Stock 90662P104 302 12,941 SH   SOLE   0 0 12,941
UNION PACIFIC CORP Common Stock 907818108 713 4,589 SH   SOLE   0 0 4,589
UNITED PARCEL SVC INC CL B Common Stock 911312106 6,727 73,629 SH   SOLE   0 0 73,629
UNITED STATES COMMODITY INDEX Common Stock 911717106 256 4,577 SH   SOLE   0 0 4,577
UNITED TECHNOLOGIES CORP Common Stock 913017109 933 8,651 SH   SOLE   0 0 8,651
UNITEDHEALTH GROUP INC Common Stock 91324P102 325 4,535 SH   SOLE   0 0 4,535
US ECOLOGY INC Common Stock 91732J102 268 8,884 SH   SOLE   0 0 8,884
VF CORP Common Stock 918204108 403 2,026 SH   SOLE   0 0 2,026
VALE SA Common Stock 91912E105 416 26,643 SH   SOLE   0 0 26,643
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 490 6,100 SH   SOLE   0 0 6,100
VANGUARD EMERGING MARKETS ETF Common Stock 922042858 2,484 61,899 SH   SOLE   0 0 61,899
VANGUARD REIT Common Stock 922908553 396 5,989 SH   SOLE   0 0 5,989
VERIZON COMMUNICATIONS Common Stock 92343V104 4,665 99,947 SH   SOLE   0 0 99,947
WELLPOINT INC Common Stock 94973V107 4,411 52,761 SH   SOLE   0 0 52,761
WELLS FARGO & CO Common Stock 949746101 10,602 256,573 SH   SOLE   0 0 256,573
WEST PHARMACEUTICAL SVCS INC Common Stock 955306105 280 6,797 SH   SOLE   0 0 6,797
WESTLAKE CHEM CORP Common Stock 960413102 1,245 11,900 SH   SOLE   0 0 11,900
WHIRLPOOL CORP Common Stock 963320106 379 2,587 SH   SOLE   0 0 2,587
WHITING PETROLEUM CORP Common Stock 966387102 399 6,672 SH   SOLE   0 0 6,672
WILLIAMS COS INC Common Stock 969457100 4,666 128,315 SH   SOLE   0 0 128,315
WISCONSIN ENERGY CORP Common Stock 976657106 611 15,130 SH   SOLE   0 0 15,130
WISDOMTREE EMERGING MARKETS SMALL CAP DIVIDEND Common Stock 97717W281 420 9,001 SH   SOLE   0 0 9,001
WISDOMTREE EMERGING MARKETS EQUITY INCOME Common Stock 97717W315 420 8,119 SH   SOLE   0 0 8,119
WISDOMTREE TR MIDCAP DIVI FD 97717W505 12,185 175,277 SH   SOLE   0 0 175,277
WISDOMTREE TR SMALLCAP DIVID 97717W604 9,054 144,560 SH   SOLE   0 0 144,560
WISDOMTREE TR JAPN HEDGE EQT 97717W851 2,256 47,065 SH   SOLE   0 0 47,065
WYNDHAM WORLDWIDE CORP Common Stock 98310W108 344 5,645 SH   SOLE   0 0 5,645
XEROX CORP COM 984121103 157 15,280 SH   SOLE   0 0 15,280
YUM! BRANDS INC Common Stock 988498101 427 5,987 SH   SOLE   0 0 5,987
ACCENTURE PLC Common Stock G1151C101 7,079 96,131 SH   SOLE   0 0 96,131
COVIDIEN PLC Common Stock G2554F113 324 5,315 SH   SOLE   0 0 5,315
DELPHI AUTOMOTIVE PLC Common Stock G27823106 448 7,662 SH   SOLE   0 0 7,662
EATON CORP PLC Common Stock G29183103 6,699 97,310 SH   SOLE   0 0 97,310
GENPACT LTD Common Stock G3922B107 399 21,144 SH   SOLE   0 0 21,144
PARTNERRE Common Stock G6852T105 411 4,489 SH   SOLE   0 0 4,489
SEADRILL LTD Common Stock G7945E105 531 11,780 SH   SOLE   0 0 11,780
SIGNET JEWELERS LTD Common Stock G81276100 465 6,495 SH   SOLE   0 0 6,495
XL GROUP PLC Common Stock G98290102 422 13,680 SH   SOLE   0 0 13,680
ACE LTD SHS H0023R105 834 8,911 SH   SOLE   0 0 8,911
ALLIED WORLD ASSURANCE CO HLDGS AG Common Stock H01531104 434 4,367 SH   SOLE   0 0 4,367
NOBLE CORP Common Stock H5833N103 406 10,751 SH   SOLE   0 0 10,751
TE CONNECTIVITY LTD Common Stock H84989104 583 11,267 SH   SOLE   0 0 11,267
LYONDELLBASELL INDUSTRIES NV Common Stock N53745100 502 6,860 SH   SOLE   0 0 6,860
COPA HOLDING SA CL A Common Stock P31076105 433 3,120 SH   SOLE   0 0 3,120
AVAGO TECHNOLOGIES LTD Common Stock Y0486S104 467 10,824 SH   SOLE   0 0 10,824