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 11,675 161,210 SH   SOLE   161,210 0 0
AGNC INVT CORP COM 00123Q104 1,196 60,148 SH   SOLE   60,148 0 0
AMN HEALTHCARE SERVICES INC COM 001744101 856 21,084 SH   SOLE   21,084 0 0
ABBOTT LABS COM 002824100 2,880 64,850 SH   SOLE   64,850 0 0
ABBVIE INC COM 00287Y109 483 7,418 SH   SOLE   7,418 0 0
ACTIVISION BLIZZARD INC COM 00507V109 1,167 23,403 SH   SOLE   23,403 0 0
ADOBE SYS INC COM 00724F101 1,178 9,053 SH   SOLE   9,053 0 0
ADVANCED MICRO DEVICES INC COM 007903107 5,254 361,104 SH   SOLE   361,104 0 0
AFFILIATED MANAGERS GROUP COM 008252108 1,600 9,757 SH   SOLE   9,757 0 0
AKAMAI TECHNOLOGIES INC COM 00971T101 1,056 17,689 SH   SOLE   17,689 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 1,760 15,928 SH   SOLE   15,928 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 1,142 9,418 SH   SOLE   9,418 0 0
ALLEGHANY CORP DEL COM 017175100 1,658 2,697 SH   SOLE   2,697 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 2,608 10,472 SH   SOLE   10,472 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 2,997 138,417 SH   SOLE   138,417 0 0
ALLSTATE CORP COM 020002101 5,536 67,940 SH   SOLE   67,940 0 0
ALLY FINL INC COM 02005N100 1,637 80,515 SH   SOLE   80,515 0 0
ALPHABET INC CAP STK CL C 02079K107 1,023 1,233 SH   SOLE   1,233 0 0
ALPHABET INC CAP STK CL A 02079K305 559 659 SH   SOLE   659 0 0
AMAZON COM INC COM 023135106 1,677 1,892 SH   SOLE   1,892 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 1,166 27,560 SH   SOLE   27,560 0 0
AMERICAN CAMPUS CMNTYS INC COM 024835100 1,127 23,689 SH   SOLE   23,689 0 0
AMERICAN EXPRESS CO COM 025816109 17,202 217,446 SH   SOLE   217,446 0 0
AMERICAN FINL GROUP INC OHIO COM 025932104 1,183 12,396 SH   SOLE   12,396 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 693 30,165 SH   SOLE   30,165 0 0
AMERICAN INTL GROUP INC COM 026874784 12,024 192,597 SH   SOLE   192,597 0 0
AMERICAN MIDSTREAM PARTNERS COM UNITS 02752P100 2,673 180,019 SH   SOLE   180,019 0 0
AMERICAN TOWER CORP NEW COM 03027X100 9,309 76,591 SH   SOLE   76,591 0 0
AMERIPRISE FINL INC COM 03076C106 3,448 26,589 SH   SOLE   26,589 0 0
AMERIGAS PARTNERS L P UNIT L P INT 030975106 3,152 66,941 SH   SOLE   66,941 0 0
AMGEN INC COM 031162100 1,119 6,819 SH   SOLE   6,819 0 0
AMTRUST FINL SVCS INC COM 032359309 295 15,998 SH   SOLE   15,998 0 0
ANADARKO PETE CORP COM 032511107 1,290 20,800 SH   SOLE   20,800 0 0
ANALOG DEVICES INC COM 032654105 8,524 104,014 SH   SOLE   104,014 0 0
ANNALY CAP MGMT INC COM 035710409 2,051 184,599 SH   SOLE   184,599 0 0
ANTERO MIDSTREAM PARTNERS LP UNT LTD PARTN 03673L103 245 7,388 SH   SOLE   7,388 0 0
ANTERO RES CORP COM 03674X106 530 23,253 SH   SOLE   23,253 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 1,253 28,243 SH   SOLE   28,243 0 0
APPLE INC COM 037833100 1,665 11,589 SH   SOLE   11,589 0 0
APPLE HOSPITALITY REIT INC COM 03784Y200 569 29,781 SH   SOLE   29,781 0 0
APPLIED MATLS INC COM 038222105 9,202 236,546 SH   SOLE   236,546 0 0
ASSOCIATED BANC CORP COM 045487105 660 27,029 SH   SOLE   27,029 0 0
ASSURANT INC COM 04621X108 986 10,304 SH   SOLE   10,304 0 0
AUTODESK INC COM 052769106 1,153 13,336 SH   SOLE   13,336 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 1,120 10,939 SH   SOLE   10,939 0 0
AVALONBAY CMNTYS INC COM 053484101 4,570 24,889 SH   SOLE   24,889 0 0
AVERY DENNISON CORP COM 053611109 4,177 51,823 SH   SOLE   51,823 0 0
BB&T CORP COM 054937107 6,605 147,754 SH   SOLE   147,754 0 0
BOK FINL CORP COM 05561Q201 364 4,648 SH   SOLE   4,648 0 0
BAIDU INC SPON ADR REP A 056752108 1,123 6,510 SH   SOLE   6,510 0 0
BANK AMER CORP COM 060505104 44,536 1,887,915 SH   SOLE   1,887,915 0 0
BANK HAWAII CORP COM 062540109 633 7,689 SH   SOLE   7,689 0 0
BANK NEW YORK MELLON CORP COM 064058100 8,987 190,286 SH   SOLE   190,286 0 0
BANKUNITED INC COM 06652K103 671 17,988 SH   SOLE   17,988 0 0
BAXTER INTL INC COM 071813109 480 9,251 SH   SOLE   9,251 0 0
BERKLEY W R CORP COM 084423102 1,227 17,373 SH   SOLE   17,373 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670702 57,329 343,946 SH   SOLE   343,946 0 0
BIOMARIN PHARMACEUTICAL INC COM 09061G101 1,110 12,649 SH   SOLE   12,649 0 0
BIOGEN INC COM 09062X103 1,139 4,165 SH   SOLE   4,165 0 0
BLACKROCK INC COM 09247X101 8,709 22,709 SH   SOLE   22,709 0 0
BOSTON PROPERTIES INC COM 101121101 3,678 27,780 SH   SOLE   27,780 0 0
BRADY CORP CL A 104674106 3,254 84,188 SH   SOLE   84,188 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 506 31,174 SH   SOLE   31,174 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 744 34,675 SH   SOLE   34,675 0 0
BROADRIDGE FINL SOLUTIONS IN COM 11133T103 1,451 21,355 SH   SOLE   21,355 0 0
BROWN & BROWN INC COM 115236101 880 21,098 SH   SOLE   21,098 0 0
BUCKEYE PARTNERS L P UNIT LTD PARTN 118230101 3,240 47,254 SH   SOLE   47,254 0 0
CBOE HLDGS INC COM 12503M108 1,190 14,683 SH   SOLE   14,683 0 0
CBRE GROUP INC CL A 12504L109 1,892 54,395 SH   SOLE   54,395 0 0
CIT GROUP INC COM 125581801 1,550 36,107 SH   SOLE   36,107 0 0
CME GROUP INC COM 12572Q105 7,291 61,374 SH   SOLE   61,374 0 0
CNA FINL CORP COM 126117100 217 4,907 SH   SOLE   4,907 0 0
CSX CORP COM 126408103 1,142 24,527 SH   SOLE   24,527 0 0
CA INC COM 12673P105 1,125 35,455 SH   SOLE   35,455 0 0
CABOT OIL & GAS CORP COM 127097103 2,113 88,375 SH   SOLE   88,375 0 0
CALIFORNIA WTR SVC GROUP COM 130788102 865 24,116 SH   SOLE   24,116 0 0
CAMDEN PPTY TR SH BEN INT 133131102 1,246 15,492 SH   SOLE   15,492 0 0
CANTEL MEDICAL CORP COM 138098108 836 10,434 SH   SOLE   10,434 0 0
CAPITAL ONE FINL CORP COM 14040H105 7,570 87,352 SH   SOLE   87,352 0 0
CARE CAP PPTYS INC COM 141624106 408 15,199 SH   SOLE   15,199 0 0
CATALENT INC COM 148806102 862 30,426 SH   SOLE   30,426 0 0
CATERPILLAR INC DEL COM 149123101 3,042 32,798 SH   SOLE   32,798 0 0
CAVIUM INC COM 14964U108 1,517 21,166 SH   SOLE   21,166 0 0
CELGENE CORP COM 151020104 1,138 9,142 SH   SOLE   9,142 0 0
CERNER CORP COM 156782104 1,195 20,311 SH   SOLE   20,311 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 2,509 7,666 SH   SOLE   7,666 0 0
CHEMOURS CO COM 163851108 995 25,851 SH   SOLE   25,851 0 0
CHESAPEAKE ENERGY CORP COM 165167107 1,170 196,936 SH   SOLE   196,936 0 0
CHICOS FAS INC COM 168615102 6,058 426,638 SH   SOLE   426,638 0 0
CHIMERA INVT CORP COM 16934Q208 686 33,975 SH   SOLE   33,975 0 0
CIMAREX ENERGY CO COM 171798101 943 7,890 SH   SOLE   7,890 0 0
CINCINNATI FINL CORP COM 172062101 1,965 27,196 SH   SOLE   27,196 0 0
CIRRUS LOGIC INC COM 172755100 1,216 20,044 SH   SOLE   20,044 0 0
CISCO SYS INC COM 17275R102 6,925 204,870 SH   SOLE   204,870 0 0
CINTAS CORP COM 172908105 1,165 9,208 SH   SOLE   9,208 0 0
CITIGROUP INC COM 172967424 30,625 511,946 SH   SOLE   511,946 0 0
CITIZENS FINL GROUP INC COM 174610105 6,022 174,290 SH   SOLE   174,290 0 0
CITRIX SYS INC COM 177376100 1,159 13,900 SH   SOLE   13,900 0 0
COGNEX CORP COM 192422103 921 10,973 SH   SOLE   10,973 0 0
COGNIZANT TECHNOLOGY SOLUTIO CL A 192446102 1,169 19,635 SH   SOLE   19,635 0 0
COLONY NORTHSTAR INC CL A COM 19625W104 1,277 98,913 SH   SOLE   98,913 0 0
COLUMBIA PPTY TR INC COM 198287203 499 22,413 SH   SOLE   22,413 0 0
COMFORT SYS USA INC COM 199908104 858 23,410 SH   SOLE   23,410 0 0
COMCAST CORP NEW CL A 20030N101 1,154 30,694 SH   SOLE   30,694 0 0
COMERICA INC COM 200340107 2,993 43,638 SH   SOLE   43,638 0 0
COMMERCE BANCSHARES INC COM 200525103 889 15,822 SH   SOLE   15,822 0 0
CONCHO RES INC COM 20605P101 1,198 9,333 SH   SOLE   9,333 0 0
CONOCOPHILLIPS COM 20825C104 918 18,408 SH   SOLE   18,408 0 0
CONSTELLATION BRANDS INC CL A 21036P108 475 2,928 SH   SOLE   2,928 0 0
CORELOGIC INC COM 21871D103 652 16,019 SH   SOLE   16,019 0 0
CORECIVIC INC COM 21871N101 665 21,174 SH   SOLE   21,174 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 567 17,115 SH   SOLE   17,115 0 0
COSTCO WHSL CORP NEW COM 22160K105 2,016 12,021 SH   SOLE   12,021 0 0
COTY INC COM CL A 222070203 852 46,971 SH   SOLE   46,971 0 0
CREDIT ACCEP CORP MICH COM 225310101 299 1,497 SH   SOLE   1,497 0 0
CREE INC COM 225447101 812 30,394 SH   SOLE   30,394 0 0
CRESTWOOD EQUITY PARTNERS LP UNIT LTD PARTNER 226344208 3,150 120,012 SH   SOLE   120,012 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 6,157 65,193 SH   SOLE   65,193 0 0
CTRIP COM INTL LTD AMERICAN DEP SHS 22943F100 1,152 23,437 SH   SOLE   23,437 0 0
CUBESMART COM 229663109 835 32,163 SH   SOLE   32,163 0 0
CULLEN FROST BANKERS INC COM 229899109 857 9,628 SH   SOLE   9,628 0 0
CYPRESS SEMICONDUCTOR CORP COM 232806109 1,408 102,322 SH   SOLE   102,322 0 0
CYRUSONE INC COM 23283R100 659 12,812 SH   SOLE   12,812 0 0
DCP MIDSTREAM PARTNERS LP COM UT LTD PTN 23311P100 289 7,358 SH   SOLE   7,358 0 0
DCT INDUSTRIAL TRUST INC COM 233153204 785 16,322 SH   SOLE   16,322 0 0
DDR CORP COM 23317H102 699 55,779 SH   SOLE   55,779 0 0
DST SYS INC DEL COM 233326107 905 7,386 SH   SOLE   7,386 0 0
DTE ENERGY CO COM 233331107 3,785 37,068 SH   SOLE   37,068 0 0
DAVITA INC COM 23918K108 2,573 37,854 SH   SOLE   37,854 0 0
DELTA AIR LINES INC DEL COM 247361702 3,806 82,813 SH   SOLE   82,813 0 0
DENTSPLY SIRONA INC COM 24906P109 1,135 18,176 SH   SOLE   18,176 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,242 29,761 SH   SOLE   29,761 0 0
DEVRY ED GROUP INC COM 251893103 3,904 110,134 SH   SOLE   110,134 0 0
DIGITAL RLTY TR INC COM 253868103 7,065 66,406 SH   SOLE   66,406 0 0
DISCOVER FINL SVCS COM 254709108 4,811 70,341 SH   SOLE   70,341 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 597 20,525 SH   SOLE   20,525 0 0
DISCOVERY COMMUNICATNS NEW COM SER C 25470F302 595 21,020 SH   SOLE   21,020 0 0
DISH NETWORK CORP CL A 25470M109 1,143 18,005 SH   SOLE   18,005 0 0
DIREXION SHS ETF TR DAILY S&P 500 25490K216 16,812 959,600 SH   SOLE   959,600 0 0
DOLLAR TREE INC COM 256746108 1,192 15,189 SH   SOLE   15,189 0 0
DOMINOS PIZZA INC COM 25754A201 858 4,656 SH   SOLE   4,656 0 0
DOUGLAS EMMETT INC COM 25960P109 973 25,346 SH   SOLE   25,346 0 0
DOW CHEM CO COM 260543103 476 7,485 SH   SOLE   7,485 0 0
DUKE REALTY CORP COM 264411505 1,649 62,761 SH   SOLE   62,761 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 712 6,593 SH   SOLE   6,593 0 0
EOG RES INC COM 26875P101 871 8,930 SH   SOLE   8,930 0 0
EQT CORP COM 26884L109 929 15,202 SH   SOLE   15,202 0 0
EPR PPTYS COM SH BEN INT 26884U109 841 11,428 SH   SOLE   11,428 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 411 5,347 SH   SOLE   5,347 0 0
E TRADE FINANCIAL CORP COM 269246401 1,767 50,632 SH   SOLE   50,632 0 0
EAST WEST BANCORP INC COM 27579R104 1,342 26,011 SH   SOLE   26,011 0 0
EATON VANCE CORP COM NON VTG 278265103 1,733 38,538 SH   SOLE   38,538 0 0
EBAY INC COM 278642103 1,145 34,119 SH   SOLE   34,119 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 896 9,523 SH   SOLE   9,523 0 0
ELECTRONIC ARTS INC COM 285512109 1,149 12,834 SH   SOLE   12,834 0 0
EMPIRE ST RLTY TR INC CL A 292104106 454 21,990 SH   SOLE   21,990 0 0
ENABLE MIDSTREAM PARTNERS LP COM UNIT RP IN 292480100 3,394 203,358 SH   SOLE   203,358 0 0
ENCANA CORP COM 292505104 1,104 94,249 SH   SOLE   94,249 0 0
ENBRIDGE ENERGY PARTNERS L P COM 29250R106 504 26,511 SH   SOLE   26,511 0 0
ENERGEN CORP COM 29265N108 909 16,690 SH   SOLE   16,690 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 3,621 183,531 SH   SOLE   183,531 0 0
ENERPLUS CORP COM 292766102 154 19,180 SH   SOLE   19,180 0 0
ENTERGY CORP NEW COM 29364G103 4,539 59,758 SH   SOLE   59,758 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 3,211 116,284 SH   SOLE   116,284 0 0
EQUIFAX INC COM 294429105 2,939 21,496 SH   SOLE   21,496 0 0
EQUINIX INC COM PAR $0.001 29444U700 5,030 12,563 SH   SOLE   12,563 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 691 22,127 SH   SOLE   22,127 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 1,067 13,846 SH   SOLE   13,846 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 4,026 64,700 SH   SOLE   64,700 0 0
ERIE INDTY CO CL A 29530P102 542 4,416 SH   SOLE   4,416 0 0
ESSEX PPTY TR INC COM 297178105 2,737 11,823 SH   SOLE   11,823 0 0
EURONET WORLDWIDE INC COM 298736109 773 9,035 SH   SOLE   9,035 0 0
EVERCORE PARTNERS INC CLASS A 29977A105 5,873 75,390 SH   SOLE   75,390 0 0
EXPEDIA INC DEL COM 30212P303 1,106 8,764 SH   SOLE   8,764 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 1,164 17,665 SH   SOLE   17,665 0 0
EXTRA SPACE STORAGE INC COM 30225T102 1,626 21,857 SH   SOLE   21,857 0 0
F M C CORP COM 302491303 3,974 57,103 SH   SOLE   57,103 0 0
FACEBOOK INC CL A 30303M102 1,655 11,649 SH   SOLE   11,649 0 0
FACTSET RESH SYS INC COM 303075105 1,196 7,255 SH   SOLE   7,255 0 0
FASTENAL CO COM 311900104 1,142 22,167 SH   SOLE   22,167 0 0
FEDERAL REALTY INVT TR SH BEN INT 313747206 1,711 12,814 SH   SOLE   12,814 0 0
FEDERATED INVS INC PA CL B 314211103 446 16,931 SH   SOLE   16,931 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 4,692 58,934 SH   SOLE   58,934 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303 1,854 47,619 SH   SOLE   47,619 0 0
FIDELITY SOUTHERN CORP NEW COM 316394105 836 37,361 SH   SOLE   37,361 0 0
FIFTH THIRD BANCORP COM 316773100 3,524 138,727 SH   SOLE   138,727 0 0
FIRST AMERN FINL CORP COM 31847R102 759 19,324 SH   SOLE   19,324 0 0
FIRST DATA CORP NEW COM CL A 32008D106 879 56,722 SH   SOLE   56,722 0 0
FIRST HORIZON NATL CORP COM 320517105 773 41,763 SH   SOLE   41,763 0 0
FIRST REP BK SAN FRANCISCO C COM 33616C100 2,612 27,846 SH   SOLE   27,846 0 0
FISERV INC COM 337738108 5,770 50,041 SH   SOLE   50,041 0 0
FLEETCOR TECHNOLOGIES INC COM 339041105 2,516 16,618 SH   SOLE   16,618 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 902 41,410 SH   SOLE   41,410 0 0
FRANKLIN RES INC COM 354613101 2,759 65,472 SH   SOLE   65,472 0 0
FREEPORT-MCMORAN INC CL B 35671D857 398 29,756 SH   SOLE   29,756 0 0
GGP INC COM 36174X101 2,423 104,511 SH   SOLE   104,511 0 0
GALLAGHER ARTHUR J & CO COM 363576109 1,799 31,823 SH   SOLE   31,823 0 0
GAMING & LEISURE PPTYS INC COM 36467J108 1,134 33,935 SH   SOLE   33,935 0 0
GENERAL MTRS CO COM 37045V100 436 12,334 SH   SOLE   12,334 0 0
GENESIS ENERGY L P UNIT LTD PARTN 371927104 2,945 90,825 SH   SOLE   90,825 0 0
GILEAD SCIENCES INC COM 375558103 1,131 16,649 SH   SOLE   16,649 0 0
GLOBAL PMTS INC COM 37940X102 2,245 27,822 SH   SOLE   27,822 0 0
GLOBAL X FDS GLOBAL X SILVER 37954Y848 1,349 37,443 SH   SOLE   37,443 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 16,110 70,128 SH   SOLE   70,128 0 0
GREEN DOT CORP CL A 39304D102 993 29,778 SH   SOLE   29,778 0 0
GULFPORT ENERGY CORP COM 402635304 499 29,026 SH   SOLE   29,026 0 0
HCP INC COM 40414L109 2,655 84,880 SH   SOLE   84,880 0 0
HP INC COM 40434L105 6,703 374,877 SH   SOLE   374,877 0 0
HALLIBURTON CO COM 406216101 1,208 24,540 SH   SOLE   24,540 0 0
HANOVER INS GROUP INC COM 410867105 690 7,667 SH   SOLE   7,667 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 3,415 71,048 SH   SOLE   71,048 0 0
HASBRO INC COM 418056107 6,672 66,842 SH   SOLE   66,842 0 0
HEALTHCARE TR AMER INC CL A 42225P501 771 24,509 SH   SOLE   24,509 0 0
HENRY JACK & ASSOC INC COM 426281101 1,329 14,279 SH   SOLE   14,279 0 0
HERSHEY CO COM 427866108 2,891 26,460 SH   SOLE   26,460 0 0
HIGHWOODS PPTYS INC COM 431284108 853 17,367 SH   SOLE   17,367 0 0
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 435763107 3,184 89,154 SH   SOLE   89,154 0 0
HOLOGIC INC COM 436440101 1,149 26,997 SH   SOLE   26,997 0 0
HOME DEPOT INC COM 437076102 4,661 31,745 SH   SOLE   31,745 0 0
HOSPITALITY PPTYS TR COM SH BEN INT 44106M102 918 29,108 SH   SOLE   29,108 0 0
HOST HOTELS & RESORTS INC COM 44107P104 2,492 133,552 SH   SOLE   133,552 0 0
HOWARD HUGHES CORP COM 44267D107 768 6,554 SH   SOLE   6,554 0 0
HUMANA INC COM 444859102 459 2,227 SH   SOLE   2,227 0 0
HUNT J B TRANS SVCS INC COM 445658107 1,123 12,239 SH   SOLE   12,239 0 0
HUNTINGTON BANCSHARES INC COM 446150104 7,251 541,527 SH   SOLE   541,527 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 3,293 16,446 SH   SOLE   16,446 0 0
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101 2,860 55,810 SH   SOLE   55,810 0 0
IDEXX LABS INC COM 45168D104 1,170 7,567 SH   SOLE   7,567 0 0
ILLUMINA INC COM 452327109 1,223 7,167 SH   SOLE   7,167 0 0
INCYTE CORP COM 45337C102 1,039 7,771 SH   SOLE   7,771 0 0
INNOVIVA INC COM 45781M101 4,676 338,086 SH   SOLE   338,086 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 985 41,633 SH   SOLE   41,633 0 0
INTEL CORP COM 458140100 9,904 274,566 SH   SOLE   274,566 0 0
INTERACTIVE BROKERS GROUP IN COM 45841N107 398 11,453 SH   SOLE   11,453 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 6,399 106,880 SH   SOLE   106,880 0 0
INTERDIGITAL INC COM 45867G101 924 10,704 SH   SOLE   10,704 0 0
INTUIT COM 461202103 1,076 9,279 SH   SOLE   9,279 0 0
INTUITIVE SURGICAL INC COM 46120E602 1,175 1,533 SH   SOLE   1,533 0 0
IRON MTN INC NEW COM 46284V101 1,684 47,207 SH   SOLE   47,207 0 0
ISHARES MSCI BRZ CAP ETF 464286400 40,631 1,084,656 SH   SOLE   1,084,656 0 0
ISHARES MSCI STH KOR ETF 464286772 2,970 48,000 SH   SOLE   48,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 66,480 1,727,213 SH   SOLE   1,727,213 0 0
ISHARES TR CORE S&P500 ETF 464287200 213,486 899,760 SH   SOLE   899,760 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 43,397 1,101,733 SH   SOLE   1,101,733 0 0
ISHARES TR LATN AMER 40 ETF 464287390 9,138 288,164 SH   SOLE   288,164 0 0
ISHARES TR 20 YR TR BD ETF 464287432 46,087 381,801 SH   SOLE   381,801 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 2,112 20,000 SH   SOLE   20,000 0 0
ISHARES TR MSCI EAFE ETF 464287465 2,384 38,268 SH   SOLE   38,268 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 237,975 1,730,981 SH   SOLE   1,730,981 0 0
ISHARES TR IBOXX HI YD ETF 464288513 75,617 861,435 SH   SOLE   861,435 0 0
ISHARES TR US HOME CONS ETF 464288752 3,982 124,500 SH   SOLE   124,500 0 0
ISHARES MSCI EURO FL ETF 464289180 1,829 90,000 SH   SOLE   90,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 50,063 1,590,056 SH   SOLE   1,590,056 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 3,708 72,000 SH   SOLE   72,000 0 0
JPMORGAN CHASE & CO COM 46625H100 58,602 667,142 SH   SOLE   667,142 0 0
JD COM INC SPON ADR CL A 47215P106 1,133 36,432 SH   SOLE   36,432 0 0
JONES LANG LASALLE INC COM 48020Q107 910 8,161 SH   SOLE   8,161 0 0
KLA-TENCOR CORP COM 482480100 1,154 12,143 SH   SOLE   12,143 0 0
KATE SPADE & CO COM 485865109 4,760 204,918 SH   SOLE   204,918 0 0
KEYCORP NEW COM 493267108 4,300 241,822 SH   SOLE   241,822 0 0
KILROY RLTY CORP COM 49427F108 1,252 17,373 SH   SOLE   17,373 0 0
KIMCO RLTY CORP COM 49446R109 1,618 73,225 SH   SOLE   73,225 0 0
KRAFT HEINZ CO COM 500754106 1,135 12,501 SH   SOLE   12,501 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 677 16,000 SH   SOLE   16,000 0 0
LPL FINL HLDGS INC COM 50212V100 620 15,576 SH   SOLE   15,576 0 0
LAM RESEARCH CORP COM 512807108 5,909 46,035 SH   SOLE   46,035 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 1,111 14,867 SH   SOLE   14,867 0 0
LANNET INC COM 516012101 3,486 155,975 SH   SOLE   155,975 0 0
LEGG MASON INC COM 524901105 688 19,064 SH   SOLE   19,064 0 0
LEIDOS HLDGS INC COM 525327102 838 16,394 SH   SOLE   16,394 0 0
LEUCADIA NATL CORP COM 527288104 1,550 59,614 SH   SOLE   59,614 0 0
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 575 28,745 SH   SOLE   28,745 0 0
LIBERTY INTERACTIVE CORP LBT VEN COM A NE 53071M856 575 12,934 SH   SOLE   12,934 0 0
LIBERTY PPTY TR SH BEN INT 531172104 1,021 26,493 SH   SOLE   26,493 0 0
LIFE STORAGE INC COM 53223X107 680 8,280 SH   SOLE   8,280 0 0
LINCOLN NATL CORP IND COM 534187109 2,836 43,326 SH   SOLE   43,326 0 0
LOEWS CORP COM 540424108 2,377 50,816 SH   SOLE   50,816 0 0
M & T BK CORP COM 55261F104 4,199 27,139 SH   SOLE   27,139 0 0
MFA FINL INC COM 55272X102 542 67,056 SH   SOLE   67,056 0 0
MKS INSTRUMENT INC COM 55306N104 1,150 16,723 SH   SOLE   16,723 0 0
MPLX LP COM UNIT REP LTD 55336V100 3,140 87,038 SH   SOLE   87,038 0 0
MSCI INC COM 55354G100 1,518 15,617 SH   SOLE   15,617 0 0
MACERICH CO COM 554382101 1,676 26,027 SH   SOLE   26,027 0 0
MARKEL CORP COM 570535104 2,414 2,474 SH   SOLE   2,474 0 0
MARKETAXESS HLDGS INC COM 57060D108 1,245 6,643 SH   SOLE   6,643 0 0
MARSH & MCLENNAN COS INC COM 571748102 6,999 94,723 SH   SOLE   94,723 0 0
MARRIOTT INTL INC NEW CL A 571903202 1,226 13,017 SH   SOLE   13,017 0 0
MARTIN MIDSTREAM PRTNRS L P UNIT L P INT 573331105 3,388 169,375 SH   SOLE   169,375 0 0
MASIMO CORP COM 574795100 5,195 55,706 SH   SOLE   55,706 0 0
MASTERCARD INCORPORATED CL A 57636Q104 19,709 175,240 SH   SOLE   175,240 0 0
MATADOR RES CO COM 576485205 283 11,889 SH   SOLE   11,889 0 0
MATTEL INC COM 577081102 1,148 44,809 SH   SOLE   44,809 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 5,099 113,413 SH   SOLE   113,413 0 0
MAXIMUS INC COM 577933104 896 14,412 SH   SOLE   14,412 0 0
MERCK & CO INC COM 58933Y105 446 7,019 SH   SOLE   7,019 0 0
MERCURY GENL CORP NEW COM 589400100 301 4,936 SH   SOLE   4,936 0 0
METLIFE INC COM 59156R108 8,929 169,045 SH   SOLE   169,045 0 0
MICROSOFT CORP COM 594918104 1,634 24,812 SH   SOLE   24,812 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 5,598 75,869 SH   SOLE   75,869 0 0
MICRON TECHNOLOGY INC COM 595112103 6,688 231,409 SH   SOLE   231,409 0 0
MICROSEMI CORP COM 595137100 1,854 35,981 SH   SOLE   35,981 0 0
MID-AMER APT CMNTYS INC COM 59522J103 2,078 20,428 SH   SOLE   20,428 0 0
MOHAWK INDS INC COM 608190104 471 2,051 SH   SOLE   2,051 0 0
MONDELEZ INTL INC CL A 609207105 1,974 45,823 SH   SOLE   45,823 0 0
MONOLITHIC PWR SYS INC COM 609839105 1,169 12,692 SH   SOLE   12,692 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 1,142 24,743 SH   SOLE   24,743 0 0
MOODYS CORP COM 615369105 8,306 74,138 SH   SOLE   74,138 0 0
MORGAN STANLEY COM 617446448 11,113 259,408 SH   SOLE   259,408 0 0
MORNINGSTAR INC COM 617700109 255 3,241 SH   SOLE   3,241 0 0
MOSAIC CO NEW COM 61945C103 3,405 116,680 SH   SOLE   116,680 0 0
MYRIAD GENETICS INC COM 62855J104 2,423 126,205 SH   SOLE   126,205 0 0
NGL ENERGY PARTNERS LP COM UNIT REPST 62913M107 3,045 134,738 SH   SOLE   134,738 0 0
NASDAQ INC COM 631103108 1,412 20,325 SH   SOLE   20,325 0 0
NATIONAL FUEL GAS CO N J COM 636180101 429 7,195 SH   SOLE   7,195 0 0
NATIONAL RETAIL PPTYS INC COM 637417106 1,130 25,899 SH   SOLE   25,899 0 0
NAVIENT CORP COM 63938C108 807 54,694 SH   SOLE   54,694 0 0
NETAPP INC COM 64110D104 5,186 123,912 SH   SOLE   123,912 0 0
NETFLIX INC COM 64110L106 1,171 7,924 SH   SOLE   7,924 0 0
NETEASE INC SPONSORED ADR 64110W102 1,120 3,944 SH   SOLE   3,944 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 1,202 86,063 SH   SOLE   86,063 0 0
NEWELL BRANDS INC COM 651229106 4,219 89,453 SH   SOLE   89,453 0 0
NEWFIELD EXPL CO COM 651290108 1,728 46,808 SH   SOLE   46,808 0 0
NEXTERA ENERGY INC COM 65339F101 4,244 33,061 SH   SOLE   33,061 0 0
NISOURCE INC COM 65473P105 3,326 139,826 SH   SOLE   139,826 0 0
NOBLE ENERGY INC COM 655044105 1,115 32,460 SH   SOLE   32,460 0 0
NORDSON CORP COM 655663102 865 7,040 SH   SOLE   7,040 0 0
NORTHERN TR CORP COM 665859104 3,253 37,567 SH   SOLE   37,567 0 0
NVIDIA CORP COM 67066G104 11,557 106,099 SH   SOLE   106,099 0 0
NUTRI SYS INC NEW COM 67069D108 998 17,983 SH   SOLE   17,983 0 0
O REILLY AUTOMOTIVE INC NEW COM 67103H107 2,009 7,445 SH   SOLE   7,445 0 0
OLD REP INTL CORP COM 680223104 897 43,814 SH   SOLE   43,814 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 1,101 33,379 SH   SOLE   33,379 0 0
ON ASSIGNMENT INC COM 682159108 909 18,729 SH   SOLE   18,729 0 0
ON SEMICONDUCTOR CORP COM 682189105 2,028 130,935 SH   SOLE   130,935 0 0
ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 4,123 76,362 SH   SOLE   76,362 0 0
ONEMAIN HLDGS INC COM 68268W103 238 9,595 SH   SOLE   9,595 0 0
OUTFRONT MEDIA INC COM 69007J106 664 25,024 SH   SOLE   25,024 0 0
PDC ENERGY INC COM 69327R101 464 7,447 SH   SOLE   7,447 0 0
PNC FINL SVCS GROUP INC COM 693475105 12,172 101,230 SH   SOLE   101,230 0 0
PACCAR INC COM 693718108 1,111 16,539 SH   SOLE   16,539 0 0
PACWEST BANCORP DEL COM 695263103 1,145 21,506 SH   SOLE   21,506 0 0
PARAMOUNT GROUP INC COM 69924R108 529 32,658 SH   SOLE   32,658 0 0
PARK HOTELS RESORTS INC COM 700517105 529 20,607 SH   SOLE   20,607 0 0
PARKER HANNIFIN CORP COM 701094104 2,544 15,870 SH   SOLE   15,870 0 0
PAYCHEX INC COM 704326107 1,078 18,297 SH   SOLE   18,297 0 0
PAYPAL HLDGS INC COM 70450Y103 10,466 243,279 SH   SOLE   243,279 0 0
PEOPLES UNITED FINANCIAL INC COM 712704105 1,020 56,047 SH   SOLE   56,047 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 561 26,243 SH   SOLE   26,243 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 50,136 496,103 SH   SOLE   496,103 0 0
PIONEER NAT RES CO COM 723787107 844 4,533 SH   SOLE   4,533 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 3,317 104,948 SH   SOLE   104,948 0 0
POOL CORPORATION COM 73278L105 902 7,561 SH   SOLE   7,561 0 0
POPULAR INC COM 733174700 756 18,564 SH   SOLE   18,564 0 0
POTLATCH CORP NEW COM 737630103 2,909 63,663 SH   SOLE   63,663 0 0
PRICE T ROWE GROUP INC COM 74144T108 3,002 44,051 SH   SOLE   44,051 0 0
PRICELINE GRP INC COM 741503403 1,155 649 SH   SOLE   649 0 0
PRINCIPAL FINL GROUP INC COM 74251V102 3,064 48,548 SH   SOLE   48,548 0 0
PROASSURANCE CORP COM 74267C106 573 9,518 SH   SOLE   9,518 0 0
PROGRESSIVE CORP OHIO COM 743315103 5,003 127,683 SH   SOLE   127,683 0 0
PROLOGIS INC COM 74340W103 4,917 94,783 SH   SOLE   94,783 0 0
PRUDENTIAL FINL INC COM 744320102 14,486 135,787 SH   SOLE   135,787 0 0
PUBLIC STORAGE COM 74460D109 5,869 26,808 SH   SOLE   26,808 0 0
QEP RES INC COM 74733V100 415 32,633 SH   SOLE   32,633 0 0
QORVO INC COM 74736K101 2,705 39,459 SH   SOLE   39,459 0 0
QUALCOMM INC COM 747525103 13,925 242,856 SH   SOLE   242,856 0 0
QUALITY CARE PPTYS INC COM 747545101 320 16,979 SH   SOLE   16,979 0 0
RANGE RES CORP COM 75281A109 1,953 67,124 SH   SOLE   67,124 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 1,748 22,922 SH   SOLE   22,922 0 0
RAYONIER INC COM 754907103 630 22,238 SH   SOLE   22,238 0 0
REALOGY HLDGS CORP COM 75605Y106 781 26,208 SH   SOLE   26,208 0 0
REALTY INCOME CORP COM 756109104 2,785 46,781 SH   SOLE   46,781 0 0
REGENCY CTRS CORP COM 758849103 1,736 26,153 SH   SOLE   26,153 0 0
REGENERON PHARMACEUTICALS COM 75886F107 1,172 3,024 SH   SOLE   3,024 0 0
REGIONS FINL CORP NEW COM 7591EP100 3,344 230,162 SH   SOLE   230,162 0 0
REINSURANCE GROUP AMER INC COM 759351604 1,471 11,583 SH   SOLE   11,583 0 0
RETAIL PPTYS AMER INC CL A 76131V202 621 43,044 SH   SOLE   43,044 0 0
RICE ENERGY INC COM 762760106 571 24,077 SH   SOLE   24,077 0 0
ROSS STORES INC COM 778296103 1,120 16,996 SH   SOLE   16,996 0 0
S&P GLOBAL INC COM 78409V104 8,826 67,510 SH   SOLE   67,510 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 2,718 22,580 SH   SOLE   22,580 0 0
SEI INVESTMENTS CO COM 784117103 1,168 23,149 SH   SOLE   23,149 0 0
SL GREEN RLTY CORP COM 78440X101 1,886 17,688 SH   SOLE   17,688 0 0
SLM CORP COM 78442P106 934 77,212 SH   SOLE   77,212 0 0
SM ENERGY CO COM 78454L100 411 17,115 SH   SOLE   17,115 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 74,965 2,029,922 SH   SOLE   2,029,922 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 20,953 383,689 SH   SOLE   383,689 0 0
SPDR SERIES TRUST S&P RETAIL ETF 78464A714 5,521 130,705 SH   SOLE   130,705 0 0
SPDR SERIES TRUST S&P OILGAS EXP 78464A730 45,734 1,221,527 SH   SOLE   1,221,527 0 0
SPDR SERIES TRUST S&P BIOTECH 78464A870 13,476 194,353 SH   SOLE   194,353 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 32,799 104,985 SH   SOLE   104,985 0 0
SRC ENERGY INC COM 78470V108 212 25,061 SH   SOLE   25,061 0 0
SVB FINL GROUP COM 78486Q101 1,746 9,385 SH   SOLE   9,385 0 0
SANTANDER CONSUMER USA HDG I COM 80283M101 255 19,118 SH   SOLE   19,118 0 0
SCHEIN HENRY INC COM 806407102 1,141 6,714 SH   SOLE   6,714 0 0
SCHLUMBERGER LTD COM 806857108 852 10,908 SH   SOLE   10,908 0 0
SCHWAB CHARLES CORP NEW COM 808513105 8,641 211,740 SH   SOLE   211,740 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 5,628 71,807 SH   SOLE   71,807 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 88,207 1,186,222 SH   SOLE   1,186,222 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 260,879 3,732,169 SH   SOLE   3,732,169 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 128,677 2,413,741 SH   SOLE   2,413,741 0 0
SENIOR HSG PPTYS TR SH BEN INT 81721M109 864 42,672 SH   SOLE   42,672 0 0
SERVISFIRST BANCSHARES INC COM 81768T108 771 21,181 SH   SOLE   21,181 0 0
SHIRE PLC SPONSORED ADR 82481R106 1,128 6,477 SH   SOLE   6,477 0 0
SIGNATURE BK NEW YORK N Y COM 82669G104 1,421 9,579 SH   SOLE   9,579 0 0
SILICON MOTION TECHNOLOGY CO SPONSORED ADR 82706C108 514 10,997 SH   SOLE   10,997 0 0
SIMON PPTY GROUP INC NEW COM 828806109 9,624 55,941 SH   SOLE   55,941 0 0
SIRIUS XM HLDGS INC COM 82968B103 1,105 214,516 SH   SOLE   214,516 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 5,676 57,934 SH   SOLE   57,934 0 0
SOUTHWESTERN ENERGY CO COM 845467109 784 95,932 SH   SOLE   95,932 0 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 356 8,148 SH   SOLE   8,148 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 881 86,934 SH   SOLE   86,934 0 0
STARBUCKS CORP COM 855244109 1,204 20,613 SH   SOLE   20,613 0 0
STARWOOD PPTY TR INC COM 85571B105 1,024 45,336 SH   SOLE   45,336 0 0
STATE STR CORP COM 857477103 5,704 71,645 SH   SOLE   71,645 0 0
STERICYCLE INC COM 858912108 2,834 34,190 SH   SOLE   34,190 0 0
STORE CAP CORP COM 862121100 653 27,343 SH   SOLE   27,343 0 0
STRYKER CORP COM 863667101 890 6,761 SH   SOLE   6,761 0 0
SUBURBAN PROPANE PARTNERS L UNIT LTD PARTN 864482104 2,939 109,011 SH   SOLE   109,011 0 0
SUMMIT MIDSTREAM PARTNERS LP COM UNIT LTD 866142102 3,301 137,553 SH   SOLE   137,553 0 0
SUN CMNTYS INC COM 866674104 975 12,133 SH   SOLE   12,133 0 0
SUNCOKE ENERGY PARTNERS L P COMUNIT REP LT 86722Y101 3,074 200,268 SH   SOLE   200,268 0 0
SUNOCO LOGISTICS PRTNRS L P COM UNITS 86764L108 3,152 129,087 SH   SOLE   129,087 0 0
SUNTRUST BKS INC COM 867914103 5,847 105,727 SH   SOLE   105,727 0 0
SYMANTEC CORP COM 871503108 1,149 37,453 SH   SOLE   37,453 0 0
SYNOVUS FINL CORP COM 87161C501 3,486 84,971 SH   SOLE   84,971 0 0
SYNCHRONY FINL COM 87165B103 5,208 151,829 SH   SOLE   151,829 0 0
TCF FINL CORP COM 872275102 484 28,456 SH   SOLE   28,456 0 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 3,403 57,048 SH   SOLE   57,048 0 0
TD AMERITRADE HLDG CORP COM 87236Y108 1,753 45,102 SH   SOLE   45,102 0 0
TFS FINL CORP COM 87240R107 172 10,353 SH   SOLE   10,353 0 0
TJX COS INC NEW COM 872540109 2,605 32,939 SH   SOLE   32,939 0 0
T MOBILE US INC COM 872590104 1,170 18,107 SH   SOLE   18,107 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 4,570 139,167 SH   SOLE   139,167 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 554 16,895 SH   SOLE   16,895 0 0
TAUBMAN CTRS INC COM 876664103 700 10,604 SH   SOLE   10,604 0 0
TELEFLEX INC COM 879369106 877 4,529 SH   SOLE   4,529 0 0
TERADYNE INC COM 880770102 1,953 62,789 SH   SOLE   62,789 0 0
TERRA NITROGEN CO L P COM UNIT 881005201 2,864 29,150 SH   SOLE   29,150 0 0
TESLA MTRS INC COM 88160R101 1,224 4,397 SH   SOLE   4,397 0 0
TESORO LOGISTICS LP COM UNIT LP 88160T107 3,100 56,913 SH   SOLE   56,913 0 0
TEXAS INSTRS INC COM 882508104 10,337 128,310 SH   SOLE   128,310 0 0
THOMSON REUTERS CORP COM 884903105 2,354 54,461 SH   SOLE   54,461 0 0
TIME WARNER INC COM 887317303 464 4,748 SH   SOLE   4,748 0 0
TOLL BROTHERS INC COM 889478103 905 25,071 SH   SOLE   25,071 0 0
TORCHMARK CORP COM 891027104 1,660 21,544 SH   SOLE   21,544 0 0
TOTAL SYS SVCS INC COM 891906109 1,610 30,122 SH   SOLE   30,122 0 0
TRACTOR SUPPLY CO COM 892356106 1,111 16,111 SH   SOLE   16,111 0 0
TRANSUNION COM 89400J107 368 9,608 SH   SOLE   9,608 0 0
TRAVELERS COMPANIES INC COM 89417E109 6,392 53,030 SH   SOLE   53,030 0 0
TRIPADVISOR INC COM 896945201 1,147 26,573 SH   SOLE   26,573 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 604 18,654 SH   SOLE   18,654 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 604 18,993 SH   SOLE   18,993 0 0
TWO HBRS INVT CORP COM 90187B101 601 62,688 SH   SOLE   62,688 0 0
TYSON FOODS INC CL A 902494103 4,461 72,286 SH   SOLE   72,286 0 0
UDR INC COM 902653104 1,743 48,080 SH   SOLE   48,080 0 0
UMB FINL CORP COM 902788108 844 11,204 SH   SOLE   11,204 0 0
US BANCORP DEL COM 902973304 15,204 295,216 SH   SOLE   295,216 0 0
ULTA SALON COSMETCS & FRAG I COM 90384S303 1,136 3,981 SH   SOLE   3,981 0 0
UNIT CORP COM 909218109 953 39,460 SH   SOLE   39,460 0 0
UNITED INS HLDGS CORP COM 910710102 817 51,236 SH   SOLE   51,236 0 0
UNITED STATES STL CORP NEW COM 912909108 789 23,324 SH   SOLE   23,324 0 0
UNITI GROUP INC COM 91325V108 572 22,139 SH   SOLE   22,139 0 0
UNUM GROUP COM 91529Y106 2,024 43,170 SH   SOLE   43,170 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 980,584 42,989,201 SH   SOLE   42,989,201 0 0
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 79,538 3,847,971 SH   SOLE   3,847,971 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 478,468 13,298,166 SH   SOLE   13,298,166 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 11,664 226,181 SH   SOLE   226,181 0 0
VANTIV INC CL A 92210H105 1,801 28,094 SH   SOLE   28,094 0 0
VENTAS INC COM 92276F100 3,990 61,343 SH   SOLE   61,343 0 0
VANGUARD INDEX FDS REIT ETF 922908553 11,865 143,666 SH   SOLE   143,666 0 0
VEREIT INC COM 92339V100 1,491 175,611 SH   SOLE   175,611 0 0
VERISK ANALYTICS INC COM 92345Y106 1,149 14,162 SH   SOLE   14,162 0 0
VERTEX PHARMACEUTICALS INC COM 92532F100 1,368 12,509 SH   SOLE   12,509 0 0
VIACOM INC NEW CL B 92553P201 1,235 26,493 SH   SOLE   26,493 0 0
VISA INC COM CL A 92826C839 31,263 351,778 SH   SOLE   351,778 0 0
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 1,145 43,307 SH   SOLE   43,307 0 0
VORNADO RLTY TR SH BEN INT 929042109 3,125 31,153 SH   SOLE   31,153 0 0
VOYA FINL INC COM 929089100 1,408 37,079 SH   SOLE   37,079 0 0
W P CAREY INC COM 92936U109 1,168 18,773 SH   SOLE   18,773 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 1,112 13,384 SH   SOLE   13,384 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 705 21,107 SH   SOLE   21,107 0 0
WELLS FARGO & CO NEW COM 949746101 46,693 838,894 SH   SOLE   838,894 0 0
WELLTOWER INC COM 95040Q104 4,592 64,844 SH   SOLE   64,844 0 0
WENDYS CO COM 95058W100 883 64,915 SH   SOLE   64,915 0 0
WESTERN ALLIANCE BANCORP COM 957638109 830 16,912 SH   SOLE   16,912 0 0
WESTERN DIGITAL CORP COM 958102105 1,234 14,958 SH   SOLE   14,958 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 316 5,230 SH   SOLE   5,230 0 0
WESTERN REFNG LOGISTICS LP COM UNIT REP LTP 95931Q205 3,472 136,411 SH   SOLE   136,411 0 0
WESTERN UN CO COM 959802109 1,817 89,277 SH   SOLE   89,277 0 0
WEX INC COM 96208T104 724 6,991 SH   SOLE   6,991 0 0
WEYERHAEUSER CO COM 962166104 4,574 134,618 SH   SOLE   134,618 0 0
WILLIAMS COS INC DEL COM 969457100 5,081 171,714 SH   SOLE   171,714 0 0
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 3,878 94,984 SH   SOLE   94,984 0 0
WPX ENERGY INC COM 98212B103 832 62,161 SH   SOLE   62,161 0 0
XCEL ENERGY INC COM 98389B100 4,052 91,158 SH   SOLE   91,158 0 0
XILINX INC COM 983919101 5,418 93,595 SH   SOLE   93,595 0 0
YAHOO INC COM 984332106 1,610 34,698 SH   SOLE   34,698 0 0
ZILLOW GROUP INC CL A 98954M101 314 9,281 SH   SOLE   9,281 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 626 18,585 SH   SOLE   18,585 0 0
ZIONS BANCORPORATION COM 989701107 1,533 36,498 SH   SOLE   36,498 0 0
ALLERGAN PLC SHS G0177J108 1,294 5,417 SH   SOLE   5,417 0 0
AON PLC SHS CL A G0408V102 5,669 47,764 SH   SOLE   47,764 0 0
ARCH CAP GROUP LTD ORD G0450A105 1,970 20,790 SH   SOLE   20,790 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 567 10,893 SH   SOLE   10,893 0 0
ASSURED GUARANTY LTD COM G0585R106 895 24,117 SH   SOLE   24,117 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 1,034 15,423 SH   SOLE   15,423 0 0
EVEREST RE GROUP LTD COM G3223R108 1,776 7,594 SH   SOLE   7,594 0 0
INVESCO LTD SHS G491BT108 2,286 74,625 SH   SOLE   74,625 0 0
LAZARD LTD SHS A G54050102 1,062 23,094 SH   SOLE   23,094 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 276 7,694 SH   SOLE   7,694 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 275 7,847 SH   SOLE   7,847 0 0
LIBERTY GLOBAL PLC LILAC SHS CL A G5480U138 282 12,669 SH   SOLE   12,669 0 0
LIBERTY GLOBAL PLC LILAC SHS CL C G5480U153 285 12,364 SH   SOLE   12,364 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 4,745 106,463 SH   SOLE   106,463 0 0
MARVELL TECHNOLOGY GROUP LTD ORD G5876H105 2,418 158,483 SH   SOLE   158,483 0 0
NORWEGIAN CRUISE LINE HLDGS SHS G66721104 1,137 22,409 SH   SOLE   22,409 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 1,109 7,665 SH   SOLE   7,665 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 1,127 24,532 SH   SOLE   24,532 0 0
VALIDUS HOLDINGS LTD COM SHS G9319H102 768 13,622 SH   SOLE   13,622 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 676 768 SH   SOLE   768 0 0
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