The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
EXPRESS SCRIPTS HOLDING COMPANY COM 30219G108 48,296 756,524 SH   SOLE 1 756,524 0 0
HALCON RESOURCES CORP COM PAR NEW 40537Q605 1,168 257,323 SH   SOLE 1 257,323 0 0
ING SPDR BLOOMBERG BARCLAYS LONG TERM ET BLOMBERG BRC COR 78464A367 6,129 147,200 SH   SOLE 1 147,200 0 0
IQ 50PCT HEDGED FTSE EUR ETF HDGD FTSE EURO 45409B552 98,628 5,144,910 SH   SOLE   5,144,910 0 0
IQ 50PCT HEDGED FTSE INT ETF HDGD FTSE INTL 45409B560 229,134 11,377,038 SH   SOLE   11,377,038 0 0
IQ CHAIKIN SMALL CAP ETF IQ CHAIKIN US 45409B396 63,063 2,474,018 SH   SOLE   2,474,018 0 0
IQ Enhanced Core Bond US ETF IQ ENCH BD US 45409B487 34,836 1,780,086 SH   SOLE   1,780,086 0 0
IQ ENHANCED CORE PLUS BOND U IQ ENCH COR PL 45409B479 155,752 7,764,284 SH   SOLE   7,764,284 0 0
IQ GLOBAL RESOURCES ETF IQ GLB RES ETF 45409B883 104,922 4,117,813 SH   SOLE   4,117,813 0 0
IQ S&P HY LOW VOL BOND ETF IQ S&P HGH YLD 45409B412 24,530 965,414 SH   SOLE   965,414 0 0
ISHARES TIPS BOND ETF TIPS BD ETF 464287176 3,826 33,728 SH   SOLE   33,728 0 0
ISHARES 10 YEAR CREDIT BOND BND ETFUND 10+ YR CR BD ETF 464289511 24,607 399,200 SH   SOLE 1 399,200 0 0
ISHARES IBOXX $ INVESTMENT GRADE CORP BD IBOXX INV CP ETF 464287242 30,573 253,700 SH   SOLE 1 253,700 0 0
ISHARES INTERMEDIATE CREDIT INTERM CR BD ETF 464288638 2,749 25,041 SH   SOLE 1 25,041 0 0
ISHARES INTERMEDIATE GOVERNM INTRM GOV/CR ETF 464288612 11,971 108,162 SH   SOLE   108,162 0 0
ISHARES MSCI ALL COUNTRY ASI MSCI AC ASIA ETF 464288182 17,353 257,272 SH   SOLE   257,272 0 0
ISHARES MSCI BRAZILCAPPED IND MSCI BRZ CAP ETF 464286400 7,558 221,395 SH   SOLE   221,395 0 0
ISHARES MSCI FRONTIER 100 MSCI FRNTR100ETF 464286145 1,976 69,141 SH   SOLE   69,141 0 0
ISHARES MSCI INDIA ETF MSCI INDIA ETF 46429B598 2,237 69,680 SH   SOLE   69,680 0 0
ISHARES MSCI PHILIPPINES MSCI PHILIPS ETF 46429B408 1,828 51,027 SH   SOLE   51,027 0 0
ISHARES MSCI POLAND CAPPED E MSCI POL CAP ETF 46429B606 1,054 43,405 SH   SOLE   43,405 0 0
ISHARES RUSSELL 1000 VALUE RUS 1000 VAL ETF 464287598 14,856 127,596 SH   SOLE   127,596 0 0
ISHARES RUSSELL 2000 RUSSELL 2000 ETF 464287655 53,872 382,289 SH   SOLE   382,289 0 0
PATTERSON UTI ENERGY COM COM 703481101 21,238 1,051,905 SH   SOLE 1 1,051,905 0 0
SPDR S&P EMERGING MKTS SMALL S&P EMKTSC ETF 78463X756 8,434 180,720 SH   SOLE   180,720 0 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 187 7,584 SH   SOLE 1 7,584 0 0
VANECK VECTORS AFRICA INDEX AFRICA INDEX ETF 92189F866 1,120 51,861 SH   SOLE   51,861 0 0
VANECK VECTORS EMERGING MARK JP MORGAN MKTS 92189F494 10,365 548,703 SH   SOLE   548,703 0 0
VANECK VECTORS INDIA S/C INDIA SMALL CAP 92189F767 1,735 31,132 SH   SOLE   31,132 0 0
VANGUARD INTERMEDIATE TERM CORPORA INT-TERM CORP 92206C870 12,175 139,100 SH   SOLE 1 139,100 0 0
VANGUARD LONG TERM BOND INDEX FUND LONG TERM BOND 921937793 12,248 131,500 SH   SOLE 1 131,500 0 0
VANGUARD LONG TERM CORPORATE BOND LG-TERM COR BD 92206C813 36,844 394,900 SH   SOLE 1 394,900 0 0
VANGUARD MID-CAP VALUE ETF MCAP VL IDXVIP 922908512 34,366 334,075 SH   SOLE   334,075 0 0
VANGUARD S/T INFL PROT SEC INDEX FUND STRM INFPROIDX 922020805 8,935 181,489 SH   SOLE   181,489 0 0