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
AFLAC INC COM 001055102 947 16,265 SH   SOLE   16,265 0 0
AT&T INC COM 00206R102 402 11,405 SH   SOLE   11,405 0 0
ABBVIE INC COM 00287Y109 202 3,500 SH   SOLE   3,500 0 0
ACTIVISION BLIZZARD INC COM 00507V109 251 12,068 SH   SOLE   12,068 0 0
ADOBE SYS INC COM 00724F101 344 4,973 SH   SOLE   4,973 0 0
AFFILIATED MANAGERS GROUP COM 008252108 397 1,981 SH   SOLE   1,981 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 276 4,610 SH   SOLE   4,610 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 343 2,066 SH   SOLE   2,066 0 0
ALLEGHANY CORP DEL COM 017175100 230 550 SH   SOLE   550 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 484 1,949 SH   SOLE   1,949 0 0
ALLSTATE CORP COM 020002101 954 15,546 SH   SOLE   15,546 0 0
ALLY FINL INC COM 02005N100 210 9,087 SH   SOLE   9,087 0 0
ALTERA CORP COM 021441100 779 21,768 SH   SOLE   21,768 0 0
ALTRIA GROUP INC COM 02209S103 200 4,362 SH   SOLE   4,362 0 0
AMAZON COM INC COM 023135106 1,504 4,664 SH   SOLE   4,664 0 0
AMERICAN CAPITAL AGENCY CORP COM 02503X105 252 11,863 SH   SOLE   11,863 0 0
AMERICAN EXPRESS CO COM 025816109 2,843 32,481 SH   SOLE   32,481 0 0
AMERICAN INTL GROUP INC COM 026874784 3,034 56,173 SH   SOLE   56,173 0 0
AMERICAN RLTY CAP PPTYS INC COM 02917T104 368 30,528 SH   SOLE   30,528 0 0
AMERICAN TOWER CORP NEW COM 03027X100 1,406 15,015 SH   SOLE   15,015 0 0
AMERIPRISE FINL INC COM 03076C106 839 6,797 SH   SOLE   6,797 0 0
AMGEN INC COM 031162100 491 3,499 SH   SOLE   3,499 0 0
AMTRUST FINL SVCS INC COM 032359309 406 10,196 SH   SOLE   10,196 0 0
ANADARKO PETE CORP COM 032511107 556 5,482 SH   SOLE   5,482 0 0
ANALOG DEVICES INC COM 032654105 1,226 24,782 SH   SOLE   24,782 0 0
ANNALY CAP MGMT INC COM 035710409 840 78,626 SH   SOLE   78,626 0 0
APACHE CORP COM 037411105 528 5,629 SH   SOLE   5,629 0 0
APPLE INC COM 037833100 1,589 15,776 SH   SOLE   15,776 0 0
APPLIED MATLS INC COM 038222105 1,474 68,214 SH   SOLE   68,214 0 0
ARM HLDGS PLC SPONSORED ADR 042068106 250 5,733 SH   SOLE   5,733 0 0
ATMEL CORP COM 049513104 152 18,788 SH   SOLE   18,788 0 0
AUTODESK INC COM 052769106 288 5,235 SH   SOLE   5,235 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 349 4,196 SH   SOLE   4,196 0 0
AVALONBAY CMNTYS INC COM 053484101 655 4,647 SH   SOLE   4,647 0 0
BB&T CORP COM 054937107 958 25,739 SH   SOLE   25,739 0 0
BAIDU INC SPON ADR REP A 056752108 256 1,171 SH   SOLE   1,171 0 0
BANK AMER CORP COM 060505104 6,423 376,698 SH   SOLE   376,698 0 0
BANK NEW YORK MELLON CORP COM 064058100 1,581 40,832 SH   SOLE   40,832 0 0
BARD C R INC COM 067383109 351 2,463 SH   SOLE   2,463 0 0
BED BATH & BEYOND INC COM 075896100 409 6,217 SH   SOLE   6,217 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 9,054 65,545 SH   SOLE   65,545 0 0
BIOGEN IDEC INC COM 09062X103 437 1,320 SH   SOLE   1,320 0 0
BLACKROCK INC COM 09247X101 1,498 4,563 SH   SOLE   4,563 0 0
BOSTON PROPERTIES INC COM 101121101 635 5,482 SH   SOLE   5,482 0 0
BROADCOM CORP CL A 111320107 1,051 26,005 SH   SOLE   26,005 0 0
BROCADE COMMUNICATIONS SYS I COM 111621306 290 26,635 SH   SOLE   26,635 0 0
CBRE GROUP INC CL A 12504L109 298 10,033 SH   SOLE   10,033 0 0
C H ROBINSON WORLDWIDE INC COM 12541W209 279 4,207 SH   SOLE   4,207 0 0
CIT GROUP INC COM 125581801 299 6,507 SH   SOLE   6,507 0 0
CME GROUP INC COM 12572Q105 912 11,412 SH   SOLE   11,412 0 0
CVS HEALTH CORP COM 126650100 203 2,547 SH   SOLE   2,547 0 0
CA INC COM 12673P105 278 9,951 SH   SOLE   9,951 0 0
CABOT OIL & GAS CORP COM 127097103 486 14,877 SH   SOLE   14,877 0 0
CAPITAL ONE FINL CORP COM 14040H105 1,669 20,454 SH   SOLE   20,454 0 0
CATAMARAN CORP COM 148887102 242 5,748 SH   SOLE   5,748 0 0
CELGENE CORP COM 151020104 433 4,564 SH   SOLE   4,564 0 0
CERNER CORP COM 156782104 308 5,167 SH   SOLE   5,167 0 0
CHARLES RIV LABS INTL INC COM 159864107 303 5,067 SH   SOLE   5,067 0 0
CHARTER COMMUNICATIONS INC D CL A 16117M305 245 1,621 SH   SOLE   1,621 0 0
CHESAPEAKE ENERGY CORP COM 165167107 452 19,640 SH   SOLE   19,640 0 0
CHEVRON CORP NEW COM 166764100 498 4,176 SH   SOLE   4,176 0 0
CHIMERA INVT CORP COM 16934Q109 559 183,897 SH   SOLE   183,897 0 0
CHUBB CORP COM 171232101 797 8,751 SH   SOLE   8,751 0 0
CIMAREX ENERGY CO COM 171798101 459 3,630 SH   SOLE   3,630 0 0
CINCINNATI FINL CORP COM 172062101 274 5,821 SH   SOLE   5,821 0 0
CISCO SYS INC COM 17275R102 545 21,664 SH   SOLE   21,664 0 0
CITIGROUP INC COM 172967424 5,638 108,807 SH   SOLE   108,807 0 0
CITRIX SYS INC COM 177376100 288 4,038 SH   SOLE   4,038 0 0
COACH INC COM 189754104 306 8,591 SH   SOLE   8,591 0 0
COCA COLA CO COM 191216100 370 8,681 SH   SOLE   8,681 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 322 7,189 SH   SOLE   7,189 0 0
COMCAST CORP NEW CL A 20030N101 556 10,332 SH   SOLE   10,332 0 0
COMERICA INC COM 200340107 324 6,505 SH   SOLE   6,505 0 0
COMSTOCK RES INC COM 205768203 414 22,227 SH   SOLE   22,227 0 0
CONOCOPHILLIPS COM 20825C104 207 2,704 SH   SOLE   2,704 0 0
CONSOLIDATED EDISON INC COM 209115104 486 8,577 SH   SOLE   8,577 0 0
COSTCO WHSL CORP NEW COM 22160K105 827 6,600 SH   SOLE   6,600 0 0
CREE INC COM 225447101 221 5,388 SH   SOLE   5,388 0 0
CROWN CASTLE INTL CORP COM 228227104 963 11,956 SH   SOLE   11,956 0 0
DDR CORP COM 23317H102 169 10,131 SH   SOLE   10,131 0 0
DSW INC CL A 23334L102 399 13,258 SH   SOLE   13,258 0 0
DEVON ENERGY CORP NEW COM 25179M103 507 7,433 SH   SOLE   7,433 0 0
DIGITAL RLTY TR INC COM 253868103 284 4,548 SH   SOLE   4,548 0 0
DISNEY WALT CO COM DISNEY 0 254687106 390 4,386 SH   SOLE   4,386 0 0
DISCOVER FINL SVCS COM 254709108 1,075 16,697 SH   SOLE   16,697 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 473 12,522 SH   SOLE   12,522 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 271 7,264 SH   SOLE   7,264 0 0
DISH NETWORK CORP CL A 25470M109 262 4,052 SH   SOLE   4,052 0 0
DIRECTV COM 25490A309 355 4,106 SH   SOLE   4,106 0 0
DOLLAR TREE INC COM 256746108 378 6,743 SH   SOLE   6,743 0 0
DOMINION RES INC VA NEW COM 25746U109 413 5,972 SH   SOLE   5,972 0 0
DUKE REALTY CORP COM 264411505 190 11,080 SH   SOLE   11,080 0 0
EQT CORP COM 26884L109 477 5,213 SH   SOLE   5,213 0 0
E TRADE FINANCIAL CORP COM 269246401 233 10,336 SH   SOLE   10,336 0 0
EXCO RESOURCES INC COM 269279402 345 103,313 SH   SOLE   103,313 0 0
EBAY INC COM 278642103 425 7,509 SH   SOLE   7,509 0 0
ENCANA CORP COM 292505104 435 20,525 SH   SOLE   20,525 0 0
EQUIFAX INC COM 294429105 327 4,374 SH   SOLE   4,374 0 0
EQUINIX INC COM 29444U502 257 1,211 SH   SOLE   1,211 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 797 12,939 SH   SOLE   12,939 0 0
ESSEX PPTY TR INC COM 297178105 400 2,240 SH   SOLE   2,240 0 0
EXPEDIA INC DEL COM 30212P303 290 3,310 SH   SOLE   3,310 0 0
EXPEDITORS INTL WASH INC COM 302130109 270 6,647 SH   SOLE   6,647 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 366 5,181 SH   SOLE   5,181 0 0
EXTRA SPACE STORAGE INC COM 30225T102 201 3,898 SH   SOLE   3,898 0 0
EXXON MOBIL CORP COM 30231G102 882 9,379 SH   SOLE   9,379 0 0
FACEBOOK INC CL A 30303M102 606 7,669 SH   SOLE   7,669 0 0
FASTENAL CO COM 311900104 283 6,295 SH   SOLE   6,295 0 0
FEDERAL REALTY INVT TR SH BEN INT 313747206 268 2,260 SH   SOLE   2,260 0 0
F5 NETWORKS INC COM 315616102 270 2,272 SH   SOLE   2,272 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 580 10,304 SH   SOLE   10,304 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 258 9,314 SH   SOLE   9,314 0 0
FIFTH THIRD BANCORP COM 316773100 609 30,434 SH   SOLE   30,434 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 353 42,365 SH   SOLE   42,365 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 229 4,628 SH   SOLE   4,628 0 0
FISERV INC COM 337738108 836 12,938 SH   SOLE   12,938 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 397 2,792 SH   SOLE   2,792 0 0
FOREST OIL CORP COM PAR $0.01 346091705 374 319,983 SH   SOLE   319,983 0 0
FRANKLIN RES INC COM 354613101 776 14,207 SH   SOLE   14,207 0 0
GALLAGHER ARTHUR J & CO COM 363576109 240 5,282 SH   SOLE   5,282 0 0
GAMESTOP CORP NEW CL A 36467W109 568 13,784 SH   SOLE   13,784 0 0
GAP INC DEL COM 364760108 403 9,673 SH   SOLE   9,673 0 0
GENERAL ELECTRIC CO COM 369604103 565 22,066 SH   SOLE   22,066 0 0
GENERAL GROWTH PPTYS INC NEW COM 370023103 482 20,447 SH   SOLE   20,447 0 0
GENWORTH FINL INC COM CL A 37247D106 233 17,779 SH   SOLE   17,779 0 0
GILEAD SCIENCES INC COM 375558103 700 6,580 SH   SOLE   6,580 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 2,926 15,942 SH   SOLE   15,942 0 0
GOODRICH PETE CORP COM 382410405 369 24,893 SH   SOLE   24,893 0 0
GOOGLE INC CL A 38259P508 624 1,060 SH   SOLE   1,060 0 0
GOOGLE INC CL C 38259P706 616 1,067 SH   SOLE   1,067 0 0
HCA HOLDINGS INC COM 40412C101 378 5,362 SH   SOLE   5,362 0 0
HCP INC COM 40414L109 652 16,415 SH   SOLE   16,415 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 600 16,103 SH   SOLE   16,103 0 0
HEALTH CARE REIT INC COM 42217K106 689 11,043 SH   SOLE   11,043 0 0
HEWLETT PACKARD CO COM 428236103 652 18,390 SH   SOLE   18,390 0 0
HOME DEPOT INC COM 437076102 1,608 17,529 SH   SOLE   17,529 0 0
HOME PROPERTIES INC COM 437306103 453 7,784 SH   SOLE   7,784 0 0
HOST HOTELS & RESORTS INC COM 44107P104 578 27,115 SH   SOLE   27,115 0 0
HUDSON CITY BANCORP COM 443683107 183 18,836 SH   SOLE   18,836 0 0
HUNTINGTON BANCSHARES INC COM 446150104 288 29,629 SH   SOLE   29,629 0 0
ILLUMINA INC COM 452327109 251 1,529 SH   SOLE   1,529 0 0
INTEL CORP COM 458140100 2,086 59,911 SH   SOLE   59,911 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 804 4,123 SH   SOLE   4,123 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 387 2,040 SH   SOLE   2,040 0 0
INTUIT COM 461202103 321 3,662 SH   SOLE   3,662 0 0
INTUITIVE SURGICAL INC COM 46120E602 296 640 SH   SOLE   640 0 0
ISHARES MSCI BRZ CAP ETF 464286400 5,841 134,429 SH   SOLE   134,429 0 0
ISHARES MSCI STH KOR ETF 464286772 477 7,881 SH   SOLE   7,881 0 0
ISHARES MSCI JAPAN ETF 464286848 443 37,614 SH   SOLE   37,614 0 0
ISHARES CHINA LG-CAP ETF 464287184 1,698 44,357 SH   SOLE   44,357 0 0
ISHARES CORE TOTUSBD ETF 464287226 399 3,660 SH   SOLE   3,660 0 0
ISHARES MSCI EMG MKT ETF 464287234 62,795 1,510,946 SH   SOLE   1,510,946 0 0
ISHARES LATN AMER 40 ETF 464287390 4,767 129,266 SH   SOLE   129,266 0 0
ISHARES 20+ YR TR BD ETF 464287432 7,902 67,966 SH   SOLE   67,966 0 0
ISHARES 7-10 Y TR BD ETF 464287440 802 7,742 SH   SOLE   7,742 0 0
ISHARES MSCI EAFE ETF 464287465 11,897 185,541 SH   SOLE   185,541 0 0
ISHARES TR RUS 1000 GRW RUS 1000 GRW ETF 464287614 392 4,274 SH   SOLE   4,274 0 0
ISHARES RUSSELL 2000 ETF 464287655 51,492 470,896 SH   SOLE   470,896 0 0
ISHARES IBOXX HI YD ETF 464288513 1,913 20,801 SH   SOLE   20,801 0 0
ISHARES S&P GSCI COMMODITY I UNIT BEN INT 46428R107 445 15,042 SH   SOLE   15,042 0 0
JPMORGAN CHASE & CO COM 46625H100 8,164 135,525 SH   SOLE   135,525 0 0
JOHNSON & JOHNSON COM 478160104 661 6,203 SH   SOLE   6,203 0 0
KAR AUCTION SVCS INC COM 48238T109 473 16,532 SH   SOLE   16,532 0 0
KLA-TENCOR CORP COM 482480100 870 11,048 SH   SOLE   11,048 0 0
KEURIG GREEN MTN INC COM 49271M100 289 2,219 SH   SOLE   2,219 0 0
KEYCORP NEW COM 493267108 699 52,452 SH   SOLE   52,452 0 0
KIMCO RLTY CORP COM 49446R109 651 29,690 SH   SOLE   29,690 0 0
KOHLS CORP COM 500255104 733 12,011 SH   SOLE   12,011 0 0
KRAFT FOODS GROUP INC COM 50076Q106 335 5,933 SH   SOLE   5,933 0 0
LAM RESEARCH CORP COM 512807108 570 7,632 SH   SOLE   7,632 0 0
LEUCADIA NATL CORP COM 527288104 312 13,088 SH   SOLE   13,088 0 0
LEXMARK INTL NEW CL A 529771107 524 12,337 SH   SOLE   12,337 0 0
LIBERTY INTERACTIVE CORP INT COM SER A 53071M104 372 13,049 SH   SOLE   13,049 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 254 5,394 SH   SOLE   5,394 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 252 5,369 SH   SOLE   5,369 0 0
LINCOLN NATL CORP IND COM 534187109 506 9,441 SH   SOLE   9,441 0 0
LINEAR TECHNOLOGY CORP COM 535678106 756 17,024 SH   SOLE   17,024 0 0
LOCKHEED MARTIN CORP COM 539830109 665 3,639 SH   SOLE   3,639 0 0
LOEWS CORP COM 540424108 484 11,623 SH   SOLE   11,623 0 0
LOWES COS INC COM 548661107 942 17,792 SH   SOLE   17,792 0 0
M & T BK CORP COM 55261F104 581 4,711 SH   SOLE   4,711 0 0
MFA FINL INC COM 55272X102 96 12,331 SH   SOLE   12,331 0 0
MACERICH CO COM 554382101 322 5,041 SH   SOLE   5,041 0 0
MACYS INC COM 55616P104 215 3,700 SH   SOLE   3,700 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 235 2,787 SH   SOLE   2,787 0 0
MAGNUM HUNTER RES CORP DEL COM 55973B102 407 73,139 SH   SOLE   73,139 0 0
MARKEL CORP COM 570535104 301 473 SH   SOLE   473 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 172,180 8,064,658 SH   SOLE   8,064,658 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 49,813 2,222,813 SH   SOLE   2,222,813 0 0
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 64,311 1,912,877 SH   SOLE   1,912,877 0 0
MARSH & MCLENNAN COS INC COM 571748102 1,030 19,674 SH   SOLE   19,674 0 0
MARRIOTT INTL INC NEW CL A 571903202 289 4,128 SH   SOLE   4,128 0 0
MASTERCARD INC CL A 57636Q104 2,659 35,969 SH   SOLE   35,969 0 0
MATADOR RES CO COM 576485205 483 18,676 SH   SOLE   18,676 0 0
MATTEL INC COM 577081102 261 8,517 SH   SOLE   8,517 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 643 21,251 SH   SOLE   21,251 0 0
MCCORMICK & CO INC COM NON VTG 579780206 313 4,679 SH   SOLE   4,679 0 0
MCDONALDS CORP COM 580135101 205 2,159 SH   SOLE   2,159 0 0
MCGRAW HILL FINL INC COM 580645109 823 9,747 SH   SOLE   9,747 0 0
MERCK & CO INC NEW COM 58933Y105 376 6,344 SH   SOLE   6,344 0 0
METLIFE INC COM 59156R108 1,823 33,934 SH   SOLE   33,934 0 0
MICHAELS COS INC COM 59408Q106 407 23,302 SH   SOLE   23,302 0 0
MICROSOFT CORP COM 594918104 1,695 36,560 SH   SOLE   36,560 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 446 9,437 SH   SOLE   9,437 0 0
MICRON TECHNOLOGY INC COM 595112103 1,878 54,804 SH   SOLE   54,804 0 0
MONDELEZ INTL INC CL A 609207105 380 11,090 SH   SOLE   11,090 0 0
MONSTER BEVERAGE CORP COM 611740101 383 4,175 SH   SOLE   4,175 0 0
MOODYS CORP COM 615369105 639 6,762 SH   SOLE   6,762 0 0
MORGAN STANLEY COM 617446448 1,899 54,942 SH   SOLE   54,942 0 0
MYLAN INC COM 628530107 290 6,383 SH   SOLE   6,383 0 0
NAVIENT CORP COM 63938C108 268 15,137 SH   SOLE   15,137 0 0
NETAPP INC COM 64110D104 725 16,875 SH   SOLE   16,875 0 0
NETFLIX INC COM 64110L106 538 1,192 SH   SOLE   1,192 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 236 14,883 SH   SOLE   14,883 0 0
NEWFIELD EXPL CO COM 651290108 457 12,323 SH   SOLE   12,323 0 0
NOBLE ENERGY INC COM 655044105 512 7,489 SH   SOLE   7,489 0 0
NORTHERN TR CORP COM 665859104 574 8,441 SH   SOLE   8,441 0 0
NVIDIA CORP COM 67066G104 724 39,261 SH   SOLE   39,261 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 499 3,321 SH   SOLE   3,321 0 0
ON SEMICONDUCTOR CORP COM 682189105 252 28,132 SH   SOLE   28,132 0 0
ORACLE CORP COM 68389X105 274 7,152 SH   SOLE   7,152 0 0
PNC FINL SVCS GROUP INC COM 693475105 2,158 25,221 SH   SOLE   25,221 0 0
PACCAR INC COM 693718108 295 5,185 SH   SOLE   5,185 0 0
PAYCHEX INC COM 704326107 303 6,849 SH   SOLE   6,849 0 0
PEOPLES UNITED FINANCIAL INC COM 712704105 161 11,113 SH   SOLE   11,113 0 0
PEPSICO INC COM 713448108 309 3,314 SH   SOLE   3,314 0 0
PFIZER INC COM 717081103 412 13,945 SH   SOLE   13,945 0 0
PHILIP MORRIS INTL INC COM 718172109 287 3,436 SH   SOLE   3,436 0 0
PHILLIPS 66 COM 718546104 435 5,346 SH   SOLE   5,346 0 0
PLUM CREEK TIMBER CO INC COM 729251108 248 6,347 SH   SOLE   6,347 0 0
POWERSHARES INDIA ETF TR INDIA PORT 73935L100 8,904 410,896 SH   SOLE   410,896 0 0
PRICE T ROWE GROUP INC COM 74144T108 738 9,415 SH   SOLE   9,415 0 0
PRICELINE GRP INC COM 741503403 468 404 SH   SOLE   404 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 551 10,495 SH   SOLE   10,495 0 0
PROCTER & GAMBLE CO COM 742718109 499 5,954 SH   SOLE   5,954 0 0
PROGRESSIVE CORP OHIO COM 743315103 533 21,086 SH   SOLE   21,086 0 0
PROLOGIS INC COM 74340W103 675 17,902 SH   SOLE   17,902 0 0
PRUDENTIAL FINL INC COM 744320102 1,449 16,480 SH   SOLE   16,480 0 0
PUBLIC STORAGE COM 74460D109 854 5,148 SH   SOLE   5,148 0 0
QEP RES INC COM 74733V100 459 14,904 SH   SOLE   14,904 0 0
QUALCOMM INC COM 747525103 1,959 26,195 SH   SOLE   26,195 0 0
QUICKSILVER RESOURCES INC COM 74837R104 305 506,292 SH   SOLE   506,292 0 0
QUINTILES TRANSNATIO HLDGS I COM 74876Y101 334 5,979 SH   SOLE   5,979 0 0
RF MICRODEVICES INC COM 749941100 149 12,912 SH   SOLE   12,912 0 0
RANGE RES CORP COM 75281A109 456 6,728 SH   SOLE   6,728 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 225 4,202 SH   SOLE   4,202 0 0
REALTY INCOME CORP COM 756109104 304 7,444 SH   SOLE   7,444 0 0
REGENERON PHARMACEUTICALS COM 75886F107 408 1,131 SH   SOLE   1,131 0 0
REGIONS FINL CORP NEW COM 7591EP100 496 49,398 SH   SOLE   49,398 0 0
REPUBLIC SVCS INC COM 760759100 433 11,103 SH   SOLE   11,103 0 0
ROCKWELL AUTOMATION INC COM 773903109 286 2,601 SH   SOLE   2,601 0 0
ROSS STORES INC COM 778296103 648 8,576 SH   SOLE   8,576 0 0
SBA COMMUNICATIONS CORP COM 78388J106 260 2,348 SH   SOLE   2,348 0 0
SL GREEN RLTY CORP COM 78440X101 325 3,209 SH   SOLE   3,209 0 0
SLM CORP COM 78442P106 122 14,214 SH   SOLE   14,214 0 0
SM ENERGY CO COM 78454L100 421 5,402 SH   SOLE   5,402 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 115,480 586,131 SH   SOLE   586,131 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 2,869 71,412 SH   SOLE   71,412 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 19,400 77,813 SH   SOLE   77,813 0 0
SANDISK CORP COM 80004C101 1,027 10,486 SH   SOLE   10,486 0 0
SANDRIDGE ENERGY INC COM 80007P307 401 93,463 SH   SOLE   93,463 0 0
SCHEIN HENRY INC COM 806407102 262 2,250 SH   SOLE   2,250 0 0
SCHLUMBERGER LTD COM 806857108 290 2,851 SH   SOLE   2,851 0 0
SCHWAB CHARLES CORP NEW COM 808513105 1,185 40,321 SH   SOLE   40,321 0 0
SCOTTS MIRACLE GRO CO CL A 810186106 283 5,138 SH   SOLE   5,138 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 2,879 58,050 SH   SOLE   58,050 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 30,956 484,362 SH   SOLE   484,362 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 38,284 422,471 SH   SOLE   422,471 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 35,919 900,000 SH   SOLE   900,000 0 0
SEVENTY SEVEN ENERGY INC COM 818097107 486 20,451 SH   SOLE   20,451 0 0
SIGMA ALDRICH CORP COM 826552101 385 2,834 SH   SOLE   2,834 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,830 11,129 SH   SOLE   11,129 0 0
SIRIUS XM HLDGS INC COM 82968B103 257 73,761 SH   SOLE   73,761 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 494 8,508 SH   SOLE   8,508 0 0
SOUTHWESTERN ENERGY CO COM 845467109 457 13,068 SH   SOLE   13,068 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 147 13,408 SH   SOLE   13,408 0 0
STAPLES INC COM 855030102 325 26,820 SH   SOLE   26,820 0 0
STARBUCKS CORP COM 855244109 386 5,114 SH   SOLE   5,114 0 0
STATE STR CORP COM 857477103 1,134 15,406 SH   SOLE   15,406 0 0
STATOIL ASA SPONSORED ADR 85771P102 454 16,713 SH   SOLE   16,713 0 0
STERICYCLE INC COM 858912108 284 2,433 SH   SOLE   2,433 0 0
STONE ENERGY CORP COM 861642106 457 14,563 SH   SOLE   14,563 0 0
SUNEDISON INC COM 86732Y109 228 12,070 SH   SOLE   12,070 0 0
SUNTRUST BKS INC COM 867914103 726 19,085 SH   SOLE   19,085 0 0
SWIFT ENERGY CO COM 870738101 431 44,909 SH   SOLE   44,909 0 0
SYMANTEC CORP COM 871503108 290 12,315 SH   SOLE   12,315 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 302 9,036 SH   SOLE   9,036 0 0
TJX COS INC NEW COM 872540109 505 8,535 SH   SOLE   8,535 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 698 34,569 SH   SOLE   34,569 0 0
TALISMAN ENERGY INC COM 87425E103 416 48,048 SH   SOLE   48,048 0 0
TARGA RESOURCES PARTNERS LP COM UNIT 87611X105 255 3,525 SH   SOLE   3,525 0 0
TARGET CORP COM 87612E106 408 6,514 SH   SOLE   6,514 0 0
TESLA MTRS INC COM 88160R101 246 1,015 SH   SOLE   1,015 0 0
TEXAS INSTRS INC COM 882508104 1,803 37,799 SH   SOLE   37,799 0 0
THOMSON REUTERS CORP COM 884903105 435 11,949 SH   SOLE   11,949 0 0
3M CO COM 88579Y101 202 1,425 SH   SOLE   1,425 0 0
TORCHMARK CORP COM 891027104 247 4,716 SH   SOLE   4,716 0 0
TRACTOR SUPPLY CO COM 892356106 353 5,737 SH   SOLE   5,737 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,738 18,499 SH   SOLE   18,499 0 0
TRIPADVISOR INC COM 896945201 267 2,922 SH   SOLE   2,922 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 399 11,634 SH   SOLE   11,634 0 0
TWO HBRS INVT CORP COM 90187B101 119 12,307 SH   SOLE   12,307 0 0
UDR INC COM 902653104 230 8,456 SH   SOLE   8,456 0 0
UMB FINL CORP COM 902788108 264 4,847 SH   SOLE   4,847 0 0
US BANCORP DEL COM 902973304 2,582 61,720 SH   SOLE   61,720 0 0
ULTRA PETROLEUM CORP COM 903914109 432 18,572 SH   SOLE   18,572 0 0
UNION PAC CORP COM 907818108 297 2,741 SH   SOLE   2,741 0 0
UNITED STATES STL CORP NEW COM 912909108 455 11,616 SH   SOLE   11,616 0 0
UNUM GROUP COM 91529Y106 317 9,213 SH   SOLE   9,213 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 921943858 3,182 80,061 SH   SOLE   80,061 0 0
VANGUARD WHITEHALL FDS INC EMERG MKT BD ETF 921946885 225 2,854 SH   SOLE   2,854 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 692 16,585 SH   SOLE   16,585 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 4,933 89,341 SH   SOLE   89,341 0 0
VENTAS INC COM 92276F100 653 10,542 SH   SOLE   10,542 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 2,126 11,775 SH   SOLE   11,775 0 0
VANGUARD INDEX FDS REIT ETF 922908553 4,902 68,224 SH   SOLE   68,224 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 323 2,923 SH   SOLE   2,923 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 456 9,116 SH   SOLE   9,116 0 0
VERISK ANALYTICS INC CL A 92345Y106 250 4,111 SH   SOLE   4,111 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 344 3,061 SH   SOLE   3,061 0 0
VIACOM INC NEW CL B 92553P201 315 4,093 SH   SOLE   4,093 0 0
VIMPELCOM LTD SPONSORED ADR 92719A106 238 32,998 SH   SOLE   32,998 0 0
VISA INC COM CL A 92826C839 3,828 17,943 SH   SOLE   17,943 0 0
VODAFONE GROUP PLC NEW SPNSR ADR NO PAR 92857W308 261 7,948 SH   SOLE   7,948 0 0
VORNADO RLTY TR SH BEN INT 929042109 886 8,865 SH   SOLE   8,865 0 0
W P CAREY INC COM 92936U109 667 10,463 SH   SOLE   10,463 0 0
WAL-MART STORES INC COM 931142103 1,250 16,346 SH   SOLE   16,346 0 0
WELLS FARGO & CO NEW COM 949746101 8,871 171,017 SH   SOLE   171,017 0 0
WESTERN DIGITAL CORP COM 958102105 307 3,156 SH   SOLE   3,156 0 0
WESTERN UN CO COM 959802109 309 19,283 SH   SOLE   19,283 0 0
WEYERHAEUSER CO COM 962166104 601 18,854 SH   SOLE   18,854 0 0
WHOLE FOODS MKT INC COM 966837106 286 7,517 SH   SOLE   7,517 0 0
WPX ENERGY INC COM 98212B103 439 18,242 SH   SOLE   18,242 0 0
WYNN RESORTS LTD COM 983134107 299 1,599 SH   SOLE   1,599 0 0
XILINX INC COM 983919101 788 18,616 SH   SOLE   18,616 0 0
YAHOO INC COM 984332106 345 8,468 SH   SOLE   8,468 0 0
ZIONS BANCORPORATION COM 989701107 211 7,267 SH   SOLE   7,267 0 0
AON PLC SHS CL A G0408V102 1,012 11,548 SH   SOLE   11,548 0 0
ARCH CAP GROUP LTD ORD G0450A105 247 4,509 SH   SOLE   4,509 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 575 13,446 SH   SOLE   13,446 0 0
ENDURANCE SPECIALTY HLDGS LT SHS G30397106 325 5,897 SH   SOLE   5,897 0 0
EVEREST RE GROUP LTD COM G3223R108 251 1,547 SH   SOLE   1,547 0 0
FREESCALE SEMICONDUCTOR LTD SHS G3727Q101 266 13,638 SH   SOLE   13,638 0 0
HERBALIFE LTD COM USD SHS G4412G101 382 8,720 SH   SOLE   8,720 0 0
INVESCO LTD SHS G491BT108 612 15,500 SH   SOLE   15,500 0 0
LAZARD LTD SHS A G54050102 211 4,154 SH   SOLE   4,154 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 253 5,936 SH   SOLE   5,936 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 308 22,813 SH   SOLE   22,813 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 300 5,235 SH   SOLE   5,235 0 0
XL GROUP PLC SHS G98290102 322 9,711 SH   SOLE   9,711 0 0
ACE LTD SHS H0023R105 1,268 12,095 SH   SOLE   12,095 0 0
GARMIN LTD SHS H2906T109 661 12,721 SH   SOLE   12,721 0 0
CHECK POINT SOFTWARE TECH LT ORD M22465104 259 3,740 SH   SOLE   3,740 0 0
ASML HOLDING N V N Y REGISTRY SHS N07059210 360 3,639 SH   SOLE   3,639 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 520 4,788 SH   SOLE   4,788 0 0
NXP SEMICONDUCTORS N V COM N6596X109 973 14,223 SH   SOLE   14,223 0 0
AVAGO TECHNOLOGIES LTD SHS Y0486S104 1,072 12,327 SH   SOLE   12,327 0 0