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
Alibaba Group Holding Ltd ADR 01609W102 4,454 24,265 SH   SOLE   24,265 0 0
Ambev SA ADR 02319V103 481 66,100 SH   SOLE   66,100 0 0
America Movil SAB de CV ADR 02364W105 286 15,000 SH   SOLE   15,000 0 0
Baidu Inc ADR 056752108 1,230 5,511 SH   SOLE   5,511 0 0
Banco Bradesco SA ADR 059460303 152 12,800 SH   SOLE   12,800 0 0
Barclays Bank PLC ETP 06738C786 18,445 2,523,226 SH   SOLE   2,523,226 0 0
Barclays Bank PLC ETP 06739F101 2,285 67,021 SH   SOLE   67,021 0 0
Barclays Bank PLC ETP 06739H214 747 30,305 SH   SOLE   30,305 0 0
Barclays Bank PLC ETP 06739H297 693 48,358 SH   SOLE   48,358 0 0
Barclays Bank PLC ETP 06739H313 1,288 40,826 SH   SOLE   40,826 0 0
Barclays Bank PLC ETP 06740Q260 641 29,235 SH   SOLE   29,235 0 0
Citigroup Global Markets Holdi ETP 17325E291 5,071 167,311 SH   SOLE   167,311 0 0
Citigroup Global Markets Holdi ETP 17325E309 5,294 521,621 SH   SOLE   521,621 0 0
Citigroup Inc ETP 17326E480 218 7,462 SH   SOLE   7,462 0 0
VelocityShares ETP 17326E662 242 7,760 SH   SOLE   7,760 0 0
Credit Suisse Group AG ETP 22539T217 9,721 167,375 SH   SOLE   167,375 0 0
Credit Suisse AG/Nassau ETP 22542D357 37,430 3,973,477 SH   SOLE   3,973,477 0 0
Credit Suisse Group AG ETP 22542D654 419 16,217 SH   SOLE   16,217 0 0
Credit Suisse Group AG ETP 22542D670 466 11,245 SH   SOLE   11,245 0 0
Credit Suisse Group AG ETP 22542D688 345 30,263 SH   SOLE   30,263 0 0
Credit Suisse AG/Nassau ETP 22542D829 1,508 23,589 SH   SOLE   23,589 0 0
Ctrip.com International Ltd ADR 22943F100 373 8,006 SH   SOLE   8,006 0 0
CurrencyShares Euro Trust ETP 23130C108 238 2,010 SH   SOLE   2,010 0 0
Xtrackers MSCI Emerging Market ETP 233051101 2,595 106,659 SH   SOLE   106,659 0 0
Xtrackers MSCI EAFE Hedged Equ ETP 233051200 54,407 1,771,647 SH   SOLE   1,771,647 0 0
Xtrackers MSCI Japan Hedged Eq ETP 233051507 6,077 143,420 SH   SOLE   143,420 0 0
Xtrackers MSCI Eurozone Hedged ETP 233051697 4,160 139,269 SH   SOLE   139,269 0 0
Xtrackers MSCI South Korea Hed ETP 233051812 323 10,269 SH   SOLE   10,269 0 0
Xtrackers MSCI All World ex US ETP 233051820 6,695 248,062 SH   SOLE   248,062 0 0
Xtrackers MSCI Europe Hedged E ETP 233051853 25,702 936,319 SH   SOLE   936,319 0 0
Xtrackers MSCI United Kingdom ETP 233051861 267 13,064 SH   SOLE   13,064 0 0
Denbury Resources Inc Common Stock 247916208 291 106,067 SH   SOLE   106,067 0 0
Deutsche Bank AG/London ETP 25154H731 928 68,467 SH   SOLE   68,467 0 0
Deutsche Bank AG/London ETP 25154H749 3,224 125,536 SH   SOLE   125,536 0 0
Deutsche Bank AG/London ETP 25154H756 773 147,999 SH   SOLE   147,999 0 0
Deutsche Bank AG/London ETP 25154K809 319 4,338 SH   SOLE   4,338 0 0
Deutsche Bank AG/London ETP 25154K866 388 68,474 SH   SOLE   68,474 0 0
Direxion Daily Junior Gold Min ETP 25460E851 665 49,044 SH   SOLE   49,044 0 0
Direxion Daily Junior Gold Min ETP 25460E877 1,482 27,130 SH   SOLE   27,130 0 0
Direxion Daily S&P Oil & Gas E ETP 25490K125 468 38,145 SH   SOLE   38,145 0 0
Direxion Daily Gold Miners Ind ETP 25490K133 406 15,754 SH   SOLE   15,754 0 0
Direxion Daily Russia Bull 3x ETP 25490K273 269 4,644 SH   SOLE   4,644 0 0
Direxion Daily Small Cap Bear ETP 25490K521 851 71,845 SH   SOLE   71,845 0 0
ETFS Physical Palladium Shares ETP 26923A106 3,498 38,643 SH   SOLE   38,643 0 0
First Trust STOXX European Sel ETP 33735T109 566 40,902 SH   SOLE   40,902 0 0
First Trust Hong Kong AlphaDEX ETP 33737J240 462 10,994 SH   SOLE   10,994 0 0
Global X MSCI Colombia ETF ETP 37950E200 430 41,023 SH   SOLE   41,023 0 0
Global X MSCI Greece ETF ETP 37950E366 276 28,428 SH   SOLE   28,428 0 0
HDFC Bank Ltd ADR 40415F101 298 3,014 SH   SOLE   3,014 0 0
Horizons DAX Germany ETF ETP 44053G207 734 24,310 SH   SOLE   24,310 0 0
iShares S&P GSCI Commodity Ind ETP 46428R107 324 19,482 SH   SOLE   19,482 0 0
iShares MSCI Australia ETF ETP 464286103 6,802 308,923 SH   SOLE   308,923 0 0
iShares Emerging Markets High ETP 464286285 4,880 99,438 SH   SOLE   99,438 0 0
iShares Emerging Markets Divid ETP 464286319 1,524 35,147 SH   SOLE   35,147 0 0
iShares MSCI World ETF ETP 464286392 26,021 298,643 SH   SOLE   298,643 0 0
iShares MSCI Brazil ETF ETP 464286400 15,850 353,166 SH   SOLE   353,166 0 0
iShares MSCI Emerging Markets ETP 464286426 779 10,397 SH   SOLE   10,397 0 0
iShares MSCI Canada ETF ETP 464286509 627 22,758 SH   SOLE   22,758 0 0
iShares Edge MSCI Min Vol Glob ETP 464286525 230 2,742 SH   SOLE   2,742 0 0
iShares Edge MSCI Min Vol Emer ETP 464286533 976 15,653 SH   SOLE   15,653 0 0
iShares MSCI Eurozone ETF ETP 464286608 23,721 547,186 SH   SOLE   547,186 0 0
iShares MSCI Chile ETF ETP 464286640 2,445 46,111 SH   SOLE   46,111 0 0
iShares MSCI BRIC ETF ETP 464286657 1,738 37,606 SH   SOLE   37,606 0 0
iShares MSCI Pacific ex Japan ETP 464286665 4,973 107,041 SH   SOLE   107,041 0 0
iShares MSCI France ETF ETP 464286707 3,201 101,939 SH   SOLE   101,939 0 0
iShares MSCI Turkey ETF ETP 464286715 2,131 50,227 SH   SOLE   50,227 0 0
iShares MSCI Switzerland ETF ETP 464286749 8,978 261,214 SH   SOLE   261,214 0 0
iShares MSCI Sweden ETF ETP 464286756 6,548 195,584 SH   SOLE   195,584 0 0
iShares MSCI Spain ETF ETP 464286764 12,974 399,065 SH   SOLE   399,065 0 0
iShares MSCI South Korea ETF ETP 464286772 6,496 86,094 SH   SOLE   86,094 0 0
iShares MSCI South Africa ETF ETP 464286780 4,002 58,251 SH   SOLE   58,251 0 0
iShares MSCI Germany ETF ETP 464286806 3,288 102,614 SH   SOLE   102,614 0 0
iShares MSCI Netherlands ETF ETP 464286814 621 19,422 SH   SOLE   19,422 0 0
iShares MSCI Mexico ETF ETP 464286822 6,561 127,340 SH   SOLE   127,340 0 0
iShares MSCI Hong Kong ETF ETP 464286871 1,330 52,565 SH   SOLE   52,565 0 0
iShares TIPS Bond ETF ETP 464287176 5,640 49,890 SH   SOLE   49,890 0 0
iShares China Large-Cap ETF ETP 464287184 23,726 502,239 SH   SOLE   502,239 0 0
iShares Core S&P 500 ETF ETP 464287200 2,437 9,185 SH   SOLE   9,185 0 0
iShares MSCI Emerging Markets ETP 464287234 33,124 686,078 SH   SOLE   686,078 0 0
iShares S&P 500 Value ETF ETP 464287408 888 8,126 SH   SOLE   8,126 0 0
iShares MSCI EAFE ETF ETP 464287465 196,407 2,818,701 SH   SOLE   2,818,701 0 0
iShares Russell 1000 Value ETF ETP 464287598 896 7,471 SH   SOLE   7,471 0 0
iShares Russell 1000 ETF ETP 464287622 6,539 44,525 SH   SOLE   44,525 0 0
iShares Europe ETF ETP 464287861 2,248 48,204 SH   SOLE   48,204 0 0
iShares MSCI All Country Asia ETP 464288182 15,032 193,882 SH   SOLE   193,882 0 0
iShares MSCI ACWI ex US ETF ETP 464288240 3,856 77,611 SH   SOLE   77,611 0 0
iShares MSCI ACWI ETF ETP 464288257 27,160 378,804 SH   SOLE   378,804 0 0
iShares MSCI EAFE Small-Cap ET ETP 464288273 613 9,408 SH   SOLE   9,408 0 0
iShares National Muni Bond ETF ETP 464288414 576 5,289 SH   SOLE   5,289 0 0
iShares International Select D ETP 464288448 1,064 32,221 SH   SOLE   32,221 0 0
iShares MSCI Europe Small-Cap ETP 464288497 434 7,503 SH   SOLE   7,503 0 0
iShares Short Treasury Bond ET ETP 464288679 739 6,696 SH   SOLE   6,696 0 0
iShares MSCI EAFE Value ETF ETP 464288877 1,076 19,734 SH   SOLE   19,734 0 0
iShares MSCI EAFE Growth ETF ETP 464288885 3,074 38,243 SH   SOLE   38,243 0 0
iShares US Treasury Bond ETF ETP 46429B267 1,324 53,612 SH   SOLE   53,612 0 0
iShares MSCI Indonesia ETF ETP 46429B309 3,698 137,171 SH   SOLE   137,171 0 0
iShares MSCI Ireland ETF ETP 46429B507 527 11,276 SH   SOLE   11,276 0 0
iShares MSCI India ETF ETP 46429B598 3,138 91,952 SH   SOLE   91,952 0 0
iShares MSCI Poland ETF ETP 46429B606 1,277 50,862 SH   SOLE   50,862 0 0
iShares Edge MSCI Min Vol EAFE ETP 46429B689 508 6,891 SH   SOLE   6,891 0 0
iShares Core MSCI Total Intern ETP 46432F834 2,495 39,577 SH   SOLE   39,577 0 0
iShares MSCI Taiwan ETF ETP 46434G772 5,674 147,991 SH   SOLE   147,991 0 0
iShares MSCI Russia ETF ETP 46434G798 622 17,081 SH   SOLE   17,081 0 0
iShares MSCI Malaysia ETF ETP 46434G814 5,748 159,048 SH   SOLE   159,048 0 0
iShares MSCI Japan ETF ETP 46434G822 60,179 991,737 SH   SOLE   991,737 0 0
iShares Edge MSCI Multifactor ETP 46434V266 1,513 46,410 SH   SOLE   46,410 0 0
iShares Edge MSCI Multifactor ETP 46434V316 2,258 73,038 SH   SOLE   73,038 0 0
iShares Currency Hedged MSCI E ETP 46434V639 293 10,003 SH   SOLE   10,003 0 0
iShares Core MSCI Pacific ETF ETP 46434V696 3,646 60,905 SH   SOLE   60,905 0 0
iShares Currency Hedged MSCI G ETP 46434V704 2,469 90,120 SH   SOLE   90,120 0 0
iShares Core MSCI Europe ETF ETP 46434V738 56,018 1,127,580 SH   SOLE   1,127,580 0 0
iShares MSCI UAE ETF ETP 46434V761 189 11,294 SH   SOLE   11,294 0 0
iShares MSCI Qatar ETF ETP 46434V779 349 21,210 SH   SOLE   21,210 0 0
iShares Currency Hedged MSCI J ETP 46434V886 1,115 34,748 SH   SOLE   34,748 0 0
iShares MSCI United Kingdom ET ETP 46435G334 241 6,945 SH   SOLE   6,945 0 0
iShares Currency Hedged JPX-Ni ETP 46435G722 503 17,228 SH   SOLE   17,228 0 0
iShares Currency Hedged MSCI S ETP 46435G813 217 10,034 SH   SOLE   10,034 0 0
iShares Currency Hedged MSCI I ETP 46435G821 177 10,115 SH   SOLE   10,115 0 0
iShares Currency Hedged MSCI A ETP 46435G847 1,764 67,188 SH   SOLE   67,188 0 0
iShares Currency Hedged MSCI A ETP 46435G854 1,329 46,221 SH   SOLE   46,221 0 0
iShares Currency Hedged MSCI U ETP 46435G862 573 25,225 SH   SOLE   25,225 0 0
Itau Unibanco Holding SA ADR 465562106 259 16,600 SH   SOLE   16,600 0 0
JD.com Inc ADR 47215P106 504 12,441 SH   SOLE   12,441 0 0
Morgan Stanley ETP 617480280 341 7,487 SH   SOLE   7,487 0 0
NetEase Inc ADR 64110W102 447 1,594 SH   SOLE   1,594 0 0
New Oriental Education & Techn ADR 647581107 231 2,631 SH   SOLE   2,631 0 0
Novo Nordisk A/S ADR 670100205 821 16,676 SH   SOLE   16,676 0 0
Petroleo Brasileiro SA ADR 71654V101 140 10,800 SH   SOLE   10,800 0 0
Petroleo Brasileiro SA ADR 71654V408 340 24,027 SH   SOLE   24,027 0 0
PIMCO 0-5 Year High Yield Corp ETP 72201R783 13,333 133,782 SH   SOLE   133,782 0 0
PowerShares QQQ Trust Series 1 ETP 73935A104 1,560 9,740 SH   SOLE   9,740 0 0
PowerShares DB Energy Fund ETP 73936B101 480 31,461 SH   SOLE   31,461 0 0
PowerShares DB Silver Fund ETP 73936B309 231 9,239 SH   SOLE   9,239 0 0
PowerShares DB Oil Fund ETP 73936B507 581 52,042 SH   SOLE   52,042 0 0
PowerShares DB Base Metals Fun ETP 73936B705 4,456 244,849 SH   SOLE   244,849 0 0
PowerShares DB US Dollar Index ETP 73936D107 924 39,143 SH   SOLE   39,143 0 0
PowerShares DB US Dollar Index ETP 73936D206 1,253 54,826 SH   SOLE   54,826 0 0
PowerShares FTSE International ETP 73937B480 545 17,969 SH   SOLE   17,969 0 0
PowerShares S&P International ETP 73937B688 318 9,595 SH   SOLE   9,595 0 0
PowerShares Optimum Yield Dive ETP 73937V106 252 14,190 SH   SOLE   14,190 0 0
ProShares Short MSCI Emerging ETP 74347R396 446 25,752 SH   SOLE   25,752 0 0
ProShares UltraShort Silver ETP 74347W114 590 17,581 SH   SOLE   17,581 0 0
ProShares Ultra VIX Short-Term ETP 74347W163 7,197 388,373 SH   SOLE   388,373 0 0
ProShares VIX Short-Term Futur ETP 74347W171 673 17,195 SH   SOLE   17,195 0 0
ProShares UltraPro 3x Crude Oi ETP 74347W221 805 17,374 SH   SOLE   17,374 0 0
ProShares Ultra Bloomberg Crud ETP 74347W247 967 35,155 SH   SOLE   35,155 0 0
ProShares Ultra Silver ETP 74347W353 784 25,217 SH   SOLE   25,217 0 0
ProShares UltraShort Bloomberg ETP 74347W387 444 10,374 SH   SOLE   10,374 0 0
ProShares UltraShort Gold ETP 74347W395 387 5,771 SH   SOLE   5,771 0 0
ProShares UltraShort Australia ETP 74347W460 376 8,008 SH   SOLE   8,008 0 0
ProShares UltraShort Yen ETP 74347W569 266 3,965 SH   SOLE   3,965 0 0
ProShares Short VIX Short-Term ETP 74347W627 2,497 212,729 SH   SOLE   212,729 0 0
ProShares UltraShort Bloomberg ETP 74347W668 805 40,346 SH   SOLE   40,346 0 0
ProShares Short Euro ETF ETP 74347W742 343 8,751 SH   SOLE   8,751 0 0
ProShares Ultra Bloomberg Natu ETP 74347Y706 568 20,623 SH   SOLE   20,623 0 0
ProShares UltraShort MSCI Braz ETP 74348A673 403 57,175 SH   SOLE   57,175 0 0
Guggenheim S&P 500 Equal Weigh ETP 78355W106 212 2,133 SH   SOLE   2,133 0 0
SPDR S&P 500 ETF Trust ETP 78462F103 18,492 70,271 SH   SOLE   70,271 0 0
SPDR Gold Shares ETP 78463V107 38,804 308,482 SH   SOLE   308,482 0 0
SPDR STOXX Europe 50 ETF ETP 78463X103 486 14,019 SH   SOLE   14,019 0 0
SPDR EURO STOXX 50 ETF ETP 78463X202 19,708 489,400 SH   SOLE   489,400 0 0
SPDR S&P China ETF ETP 78463X400 922 8,328 SH   SOLE   8,328 0 0
SPDR MSCI EAFE StrategicFactor ETP 78463X434 5,524 85,210 SH   SOLE   85,210 0 0
SPDR S&P International Dividen ETP 78463X772 423 10,558 SH   SOLE   10,558 0 0
SPDR MSCI ACWI ex-US ETF ETP 78463X848 2,663 68,551 SH   SOLE   68,551 0 0
SPDR S&P International Small C ETP 78463X871 305 8,615 SH   SOLE   8,615 0 0
SPDR Portfolio Developed World ETP 78463X889 4,223 134,348 SH   SOLE   134,348 0 0
SPDR Bloomberg Barclays High Y ETP 78464A417 120,749 3,368,182 SH   SOLE   3,368,182 0 0
SPDR S&P Oil & Gas Exploration ETP 78464A730 1,571 44,613 SH   SOLE   44,613 0 0
SPDR S&P MidCap 400 ETF Trust ETP 78467Y107 311 910 SH   SOLE   910 0 0
SPDR Nuveen Bloomberg Barclays ETP 78468R721 1,494 31,100 SH   SOLE   31,100 0 0
Schwab Emerging Markets Equity ETP 808524706 21,209 738,987 SH   SOLE   738,987 0 0
Schwab International Equity ET ETP 808524805 3,903 115,783 SH   SOLE   115,783 0 0
Financial Select Sector SPDR F ETP 81369Y605 409 14,852 SH   SOLE   14,852 0 0
Southern Copper Corp Common Stock 84265V105 233 4,306 SH   SOLE   4,306 0 0
TSMC ADR 874039100 2,160 49,351 SH   SOLE   49,351 0 0
TAL Education Group ADR 874080104 244 6,570 SH   SOLE   6,570 0 0
Teva Pharmaceutical Industries ADR 881624209 264 15,436 SH   SOLE   15,436 0 0
Teucrium Corn Fund ETP 88166A102 1,082 60,258 SH   SOLE   60,258 0 0
Teucrium Wheat Fund ETP 88166A508 182 29,357 SH   SOLE   29,357 0 0
Teucrium Soybean Fund ETP 88166A607 276 14,500 SH   SOLE   14,500 0 0
VelocityShares ETP 90274D176 291 18,966 SH   SOLE   18,966 0 0
Credit Suisse AG/Nassau ETP 90274E810 514 15,691 SH   SOLE   15,691 0 0
United States Gasoline Fund LP ETP 91201T102 751 23,252 SH   SOLE   23,252 0 0
United States Natural Gas Fund ETP 912318300 3,034 134,561 SH   SOLE   134,561 0 0
United States Short Oil Fund L ETP 912613205 299 5,790 SH   SOLE   5,790 0 0
United States 12 Month Oil Fun ETP 91288V103 200 8,837 SH   SOLE   8,837 0 0
United States 3x Short Oil Fun ETP 91733T406 129 15,603 SH   SOLE   15,603 0 0
Vale SA ADR 91912E105 179 14,100 SH   SOLE   14,100 0 0
VanEck Vectors Gold Miners ETF ETP 92189F106 1,611 73,289 SH   SOLE   73,289 0 0
VanEck Vectors EM Investment G ETP 92189F346 1,866 78,055 SH   SOLE   78,055 0 0
VanEck Vectors Emerging Market ETP 92189F353 872 36,289 SH   SOLE   36,289 0 0
VanEck Vectors Russia ETF ETP 92189F403 2,235 98,287 SH   SOLE   98,287 0 0
VanEck Vectors J.P. Morgan EM ETP 92189F494 21,026 1,072,750 SH   SOLE   1,072,750 0 0
VanEck Vectors AMT-Free Long M ETP 92189F536 218 10,945 SH   SOLE   10,945 0 0
VanEck Vectors Junior Gold Min ETP 92189F791 1,778 55,297 SH   SOLE   55,297 0 0
Vanguard Total International S ETP 921909768 1,060 18,748 SH   SOLE   18,748 0 0
Vanguard FTSE Developed Market ETP 921943858 23,716 535,949 SH   SOLE   535,949 0 0
Vanguard Emerging Markets Gove ETP 921946885 8,835 112,615 SH   SOLE   112,615 0 0
Vanguard Total World Stock ETF ETP 922042742 551 7,485 SH   SOLE   7,485 0 0
Vanguard FTSE Emerging Markets ETP 922042858 31,491 670,296 SH   SOLE   670,296 0 0
Vanguard FTSE Pacific ETF ETP 922042866 16,183 221,833 SH   SOLE   221,833 0 0
Vanguard FTSE Europe ETF ETP 922042874 28,562 491,177 SH   SOLE   491,177 0 0
Vanguard S&P 500 ETF ETP 922908363 280 1,157 SH   SOLE   1,157 0 0
Vanguard Large-Cap ETF ETP 922908637 461 3,803 SH   SOLE   3,803 0 0
Vanguard Total Stock Market ET ETP 922908769 1,482 10,921 SH   SOLE   10,921 0 0
WisdomTree Chinese Yuan Strate ETP 97717W182 453 16,628 SH   SOLE   16,628 0 0
WisdomTree Germany Hedged Equi ETP 97717W448 770 24,776 SH   SOLE   24,776 0 0
WisdomTree Japan Hedged SmallC ETP 97717W521 876 19,866 SH   SOLE   19,866 0 0
WisdomTree International Equit ETP 97717W703 1,003 18,281 SH   SOLE   18,281 0 0
Wisdomtree Europe Hedged Small ETP 97717X552 423 13,796 SH   SOLE   13,796 0 0
WisdomTree International Hedge ETP 97717X594 754 24,429 SH   SOLE   24,429 0 0
WisdomTree Europe Hedged Equit ETP 97717X701 4,929 78,592 SH   SOLE   78,592 0 0
WisdomTree Emerging Markets Lo ETP 97717X867 6,426 163,516 SH   SOLE   163,516 0 0
Yum China Holdings Inc Common Stock 98850P109 420 10,119 SH   SOLE   10,119 0 0