Chief Operating and Risk Officer

0001085146-15-000155.txt : 20150126 0001085146-15-000155.hdr.sgml : 20150126 20150123211413 ACCESSION NUMBER: 0001085146-15-000155 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20141231 FILED AS OF DATE: 20150126 DATE AS OF CHANGE: 20150123 EFFECTIVENESS DATE: 20150126 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BAILARD, INC. CENTRAL INDEX KEY: 0000750641 IRS NUMBER: 942149863 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-01707 FILM NUMBER: 15546786 BUSINESS ADDRESS: STREET 1: 950 TOWER LANE SUITE 1900 CITY: FOSTER CITY STATE: CA ZIP: 94404 BUSINESS PHONE: 6505715800 MAIL ADDRESS: STREET 1: 950 TOWER LANE SUITE 1900 CITY: FOSTER CITY STATE: CA ZIP: 94404 FORMER COMPANY: FORMER CONFORMED NAME: BAILARD BIEHL & KAISER INC DATE OF NAME CHANGE: 19990402 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0000750641 XXXXXXXX 12-31-2014 12-31-2014 false BAILARD, INC.

950 TOWER LANE SUITE 1900 FOSTER CITY CA 94404

13F HOLDINGS REPORT 028-01707 N Sonya Thadhani Chief Operating and Risk Officer 650-571-5800 /s/ Sonya Thadhani Foster City CA 01-23-2015 0 231 696632 INFORMATION TABLE 2 form13fInfoTable.xml DESCRIPTION FOR INFORMATION TABLE 3M CO COM 88579Y101 859 5230 SH SOLE 5230 0 0 ABBOTT LABS COM 002824100 339 7522 SH SOLE 7522 0 0 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1246 13950 SH SOLE 13950 0 0 ACHILLION PHARMACEUTICALS IN COM 00448Q201 503 41100 SH SOLE 41100 0 0 ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 00756M404 1289 210200 SH SOLE 210200 0 0 AECOM TECHNOLOGY CORP DELAWA COM 00766T100 1754 57765 SH SOLE 57765 0 0 ALASKA AIR GROUP INC COM 011659109 3279 54877 SH SOLE 54877 0 0 ALEXANDRIA REAL ESTATE EQ IN COM 015271109 280 3160 SH SOLE 3160 0 0 ALLEGION PUB LTD CO ORD SHS G0176J109 240 4325 SH SOLE 4325 0 0 ALLERGAN INC COM 018490102 340 1601 SH SOLE 1601 0 0 ALLSTATE CORP COM 020002101 2793 39760 SH SOLE 39760 0 0 AMAZON COM INC COM 023135106 265 855 SH SOLE 855 0 0 AMERICAN ASSETS TR INC COM 024013104 597 15000 SH SOLE 15000 0 0 AMERICAN EXPRESS CO COM 025816109 2138 22979 SH SOLE 22979 0 0 AMERICAN TOWER CORP NEW COM 03027X100 395 4000 SH SOLE 4000 0 0 AMGEN INC COM 031162100 792 4974 SH SOLE 4974 0 0 ANTHEM INC COM 036752103 2331 18552 SH SOLE 18552 0 0 APPLE INC COM 037833100 8816 79868 SH SOLE 79868 0 0 ARRAY BIOPHARMA INC COM 04269X105 497 105000 SH SOLE 105000 0 0 AT&T INC COM 00206R102 324 9634 SH SOLE 9634 0 0 AU OPTRONICS CORP SPONSORED ADR 002255107 612 120200 SH SOLE 120200 0 0 AUTOMATIC DATA PROCESSING IN COM 053015103 616 7389 SH SOLE 7389 0 0 AUTOZONE INC COM 053332102 2279 3681 SH SOLE 3681 0 0 AVALONBAY CMNTYS INC COM 053484101 350 2145 SH SOLE 2145 0 0 BANCO MACRO SA SPON ADR B 05961W105 876 20040 SH SOLE 20040 0 0 BANK AMER CORP COM 060505104 260 14548 SH SOLE 14548 0 0 BARNES & NOBLE INC COM 067774109 327 14100 SH SOLE 14100 0 0 BERKSHIRE HATHAWAY INC DEL CL A 084670108 452 2 SH SOLE 2 0 0 BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 508 3383 SH SOLE 3383 0 0 BIODELIVERY SCIENCES INTL IN COM 09060J106 2789 232000 SH SOLE 232000 0 0 BOSTON PROPERTIES INC COM 101121101 203 1575 SH SOLE 1575 0 0 BRISTOL MYERS SQUIBB CO COM 110122108 1538 26052 SH SOLE 26052 0 0 BT GROUP PLC ADR 05577E101 3420 55174 SH SOLE 55174 0 0 CAMDEN PPTY TR SH BEN INT 133131102 746 10100 SH SOLE 10100 0 0 CAPITAL ONE FINL CORP COM 14040H105 313 3797 SH SOLE 3797 0 0 CARDINAL HEALTH INC COM 14149Y108 426 5274 SH SOLE 5274 0 0 CBL & ASSOC PPTYS INC COM 124830100 779 40100 SH SOLE 40100 0 0 CELANESE CORP DEL COM SER A 150870103 1840 30683 SH SOLE 30683 0 0 CHEVRON CORP NEW COM 166764100 3148 28062 SH SOLE 28062 0 0 CISCO SYS INC COM 17275R102 2565 92220 SH SOLE 92220 0 0 CONOCOPHILLIPS COM 20825C104 908 13146 SH SOLE 13146 0 0 COUSINS PPTYS INC COM 222795106 228 20000 SH SOLE 20000 0 0 DDR CORP COM 23317H102 296 16100 SH SOLE 16100 0 0 DELUXE CORP COM 248019101 2815 45220 SH SOLE 45220 0 0 DIGITAL RLTY TR INC COM 253868103 789 11900 SH SOLE 11900 0 0 DISCOVER FINL SVCS COM 254709108 1940 29618 SH SOLE 29618 0 0 DISH NETWORK CORP CL A 25470M109 2088 28640 SH SOLE 28640 0 0 DOUGLAS EMMETT INC COM 25960P109 426 15000 SH SOLE 15000 0 0 DOW CHEM CO COM 260543103 491 10770 SH SOLE 10770 0 0 DR REDDYS LABS LTD ADR 256135203 758 15020 SH SOLE 15020 0 0 DUCOMMUN INC DEL COM 264147109 225 8900 SH SOLE 8900 0 0 DUKE ENERGY CORP NEW COM NEW 26441C204 577 6912 SH SOLE 6912 0 0 EARTHLINK HLDGS CORP COM 27033X101 304 69155 SH SOLE 69155 0 0 EASTGROUP PPTY INC COM 277276101 253 4000 SH SOLE 4000 0 0 ENANTA PHARMACEUTICALS INC COM 29251M106 3788 74500 SH SOLE 74500 0 0 ENDOCYTE INC COM 29269A102 352 56000 SH SOLE 56000 0 0 ENTEROMEDICS INC COM NEW 29365M208 451 317700 SH SOLE 317700 0 0 EPR PPTYS COM SH BEN INT 26884U109 203 3518 SH SOLE 3518 0 0 EQUITY COMWLTH COM SH BEN INT 294628102 773 30125 SH SOLE 30125 0 0 EQUITY LIFESTYLE PPTYS INC COM 29472R108 593 11500 SH SOLE 11500 0 0 EQUITY RESIDENTIAL SH BEN INT 29476L107 251 3500 SH SOLE 3500 0 0 ESSEX PPTY TR INC COM 297178105 215 1039 SH SOLE 1039 0 0 EXTRA SPACE STORAGE INC COM 30225T102 493 8400 SH SOLE 8400 0 0 EXXON MOBIL CORP COM 30231G102 3966 42900 SH SOLE 42900 0 0 FACEBOOK INC CL A 30303M102 235 3007 SH SOLE 3007 0 0 FIDELITY MSCI ENERGY IDX 316092402 2021 88505 SH SOLE 88505 0 0 FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 2313 135000 SH SOLE 135000 0 0 FLEXTRONICS INTL LTD ORD Y2573F102 2086 186620 SH SOLE 186620 0 0 GAP INC DEL COM 364760108 271 6440 SH SOLE 6440 0 0 GENERAL DYNAMICS CORP COM 369550108 907 6594 SH SOLE 6594 0 0 GENERAL ELECTRIC CO COM 369604103 634 25084 SH SOLE 25084 0 0 GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 476 105000 SH SOLE 105000 0 0 GOOGLE INC CL A 38259P508 806 1519 SH SOLE 1519 0 0 GOOGLE INC CL C 38259P706 742 1409 SH SOLE 1409 0 0 GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 238 15000 SH SOLE 15000 0 0 HARRIS CORP DEL COM 413875105 1928 26841 SH SOLE 26841 0 0 HCP INC COM 40414L109 746 16940 SH SOLE 16940 0 0 HEALTH NET INC COM 42222G108 2690 50251 SH SOLE 50251 0 0 HEWLETT PACKARD CO COM 428236103 591 14730 SH SOLE 14730 0 0 HOME DEPOT INC COM 437076102 273 2600 SH SOLE 2600 0 0 HONEYWELL INTL INC COM 438516106 213 2133 SH SOLE 2133 0 0 HUMANA INC COM 444859102 1272 8856 SH SOLE 8856 0 0 HUNTINGTON INGALLS INDS INC COM 446413106 3015 26813 SH SOLE 26813 0 0 ICICI BK LTD ADR 45104G104 2661 230350 SH SOLE 230350 0 0 IGNYTA INC COM 451731103 1439 210000 SH SOLE 210000 0 0 INFOSYS LTD SPONSORED ADR 456788108 2268 72080 SH SOLE 72080 0 0 INGERSOLL-RAND PLC SHS G47791101 825 13013 SH SOLE 13013 0 0 INSIGHT ENTERPRISES INC COM 45765U103 295 11400 SH SOLE 11400 0 0 INTEL CORP COM 458140100 2265 62407 SH SOLE 62407 0 0 INTERNATIONAL BUSINESS MACHS COM 459200101 2826 17617 SH SOLE 17617 0 0 ISHARES BELGIUM CAPD ETF 464286301 292 18000 SH SOLE 18000 0 0 ISHARES MSCI THI CAP ETF 464286624 904 11675 SH SOLE 11675 0 0 ISHARES MSCI ISR CAP ETF 464286632 281 6000 SH SOLE 6000 0 0 ISHARES MSCI TURKEY ETF 464286715 817 15040 SH SOLE 15040 0 0 ISHARES MSCI TAIWAN ETF 464286731 2025 134000 SH SOLE 134000 0 0 ISHARES MSCI ACWI US ETF 464288240 2775 64502 SH SOLE 64502 0 0 ISHARES CALI AMT-FRE ETF 464288356 7429 63087 SH SOLE 63087 0 0 ISHARES GLB INFRASTR ETF 464288372 2323 55105 SH SOLE 55105 0 0 ISHARES MSCI KLD400 SOC 464288570 230 3000 SH SOLE 3000 0 0 ISHARES 1-3 YR CR BD ETF 464288646 710 6755 SH SOLE 6755 0 0 ISHARES INDIA 50 ETF 464289529 284 9500 SH SOLE 9500 0 0 ISHARES TR S&P 100 ETF 464287101 1119 12305 SH SOLE 12305 0 0 ISHARES TR SELECT DIVID ETF 464287168 907 11422 SH SOLE 11422 0 0 ISHARES TR CORE S&P500 ETF 464287200 7501 36261 SH SOLE 36261 0 0 ISHARES TR CORE US AGGBD ET 464287226 35613 323405 SH SOLE 323405 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 416 10585 SH SOLE 10585 0 0 ISHARES TR IBOXX INV CP ETF 464287242 299 2500 SH SOLE 2500 0 0 ISHARES TR 20+ YR TR BD ETF 464287432 67574 536643 SH SOLE 536643 0 0 ISHARES TR MSCI EAFE ETF 464287465 3490 57361 SH SOLE 57361 0 0 ISHARES TR RUS MID-CAP ETF 464287499 529 3169 SH SOLE 3169 0 0 ISHARES TR N AMER TECH ETF 464287549 1038 10180 SH SOLE 10180 0 0 ISHARES TR COHEN&STEER REIT 464287564 1595 16467 SH SOLE 16467 0 0 ISHARES TR S&P MC 400GR ETF 464287606 278 1739 SH SOLE 1739 0 0 ISHARES TR RUS 2000 VAL ETF 464287630 2970 29210 SH SOLE 29210 0 0 ISHARES TR RUSSELL 2000 ETF 464287655 523 4371 SH SOLE 4371 0 0 ISHARES TR U.S. REAL ES ETF 464287739 64200 835492 SH SOLE 835492 0 0 ISHARES TR SP SMCP600VL ETF 464287879 10400 88179 SH SOLE 88179 0 0 ISHARES TR IRELAND CAPD ETF 46429B507 289 8400 SH SOLE 8400 0 0 ISHARES TR MSCI FINLND ETF 46429B515 288 9000 SH SOLE 9000 0 0 ISHARES TR MSCI DENMRK ETF 46429B523 282 6000 SH SOLE 6000 0 0 ISHARES TR CORE HIGH DV ETF 46429B663 561 7330 SH SOLE 7330 0 0 JOHNSON & JOHNSON COM 478160104 4204 40199 SH SOLE 40199 0 0 KIMBERLY CLARK CORP COM 494368103 836 7238 SH SOLE 7238 0 0 KIMCO RLTY CORP COM 49446R109 880 35000 SH SOLE 35000 0 0 LEAR CORP COM NEW 521865204 2229 22725 SH SOLE 22725 0 0 LIBERTY PPTY TR SH BEN INT 531172104 233 6200 SH SOLE 6200 0 0 LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1926 24262 SH SOLE 24262 0 0 MACYS INC COM 55616P104 578 8788 SH SOLE 8788 0 0 MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 156 12000 SH SOLE 12000 0 0 MARKET VECTORS ETF TR EGYPT INDX ETF 57061R569 264 4530 SH SOLE 4530 0 0 MCDONALDS CORP COM 580135101 408 4359 SH SOLE 4359 0 0 MERCADOLIBRE INC COM 58733R102 576 4510 SH SOLE 4510 0 0 MERCK & CO INC NEW COM 58933Y105 330 5806 SH SOLE 5806 0 0 MICRON TECHNOLOGY INC COM 595112103 1901 54297 SH SOLE 54297 0 0 MICROSOFT CORP COM 594918104 3815 82141 SH SOLE 82141 0 0 MIRATI THERAPEUTICS INC COM 60468T105 630 34000 SH SOLE 34000 0 0 NAVIDEA BIOPHARMACEUTICALS I COM 63937X103 19 10000 SH SOLE 10000 0 0 NICE SYS LTD SPONSORED ADR 653656108 1773 35000 SH SOLE 35000 0 0 NORANDA ALUM HLDG CORP COM 65542W107 92 26022 SH SOLE 26022 0 0 NORFOLK SOUTHERN CORP COM 655844108 887 8092 SH SOLE 8092 0 0 NORTHROP GRUMMAN CORP COM 666807102 2310 15674 SH SOLE 15674 0 0 ONE LIBERTY PPTYS INC COM 682406103 249 10500 SH SOLE 10500 0 0 ORACLE CORP COM 68389X105 595 13232 SH SOLE 13232 0 0 PARAMOUNT GROUP INC COM 69924R108 744 40000 SH SOLE 40000 0 0 PENN NATL GAMING INC COM 707569109 398 29000 SH SOLE 29000 0 0 PEPSICO INC COM 713448108 359 3798 SH SOLE 3798 0 0 PFIZER INC COM 717081103 466 14962 SH SOLE 14962 0 0 PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 605 32100 SH SOLE 32100 0 0 PILGRIMS PRIDE CORP NEW COM 72147K108 2252 68674 SH SOLE 68674 0 0 PIONEER ENERGY SVCS CORP COM 723664108 89 16000 SH SOLE 16000 0 0 PNC FINL SVCS GROUP INC COM 693475105 705 7728 SH SOLE 7728 0 0 POST PPTYS INC COM 737464107 764 13000 SH SOLE 13000 0 0 POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 673 28000 SH SOLE 28000 0 0 POWERSHARES QQQ TRUST UNIT SER 1 73935A104 70979 687450 SH SOLE 687450 0 0 PPG INDS INC COM 693506107 1927 8337 SH SOLE 8337 0 0 PROCTER & GAMBLE CO COM 742718109 892 9796 SH SOLE 9796 0 0 PROLOGIS INC COM 74340W103 891 20700 SH SOLE 20700 0 0 PUBLIC STORAGE COM 74460D109 505 2732 SH SOLE 2732 0 0 REYNOLDS AMERICAN INC COM 761713106 1170 18203 SH SOLE 18203 0 0 RYANAIR HLDGS PLC SPONSORED ADR 783513104 3565 50020 SH SOLE 50020 0 0 SANMINA CORPORATION COM 801056102 1144 48603 SH SOLE 48603 0 0 SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 1735 35372 SH SOLE 35372 0 0 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 565 10256 SH SOLE 10256 0 0 SCHWAB STRATEGIC TR US REIT ETF 808524847 216 5549 SH SOLE 5549 0 0 SEAGATE TECHNOLOGY PLC SHS G7945M107 3610 54282 SH SOLE 54282 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 352 7263 SH SOLE 7263 0 0 SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 280 3876 SH SOLE 3876 0 0 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 8503 343851 SH SOLE 343851 0 0 SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1011 24458 SH SOLE 24458 0 0 SESA STERLITE LTD SPONSORED ADR 78413F103 435 32060 SH SOLE 32060 0 0 SILICONWARE PRECISION INDS L SPONSD ADR SPL 827084864 869 115150 SH SOLE 115150 0 0 SIMON PPTY GROUP INC NEW COM 828806109 485 2662 SH SOLE 2662 0 0 SPDR GOLD TRUST GOLD SHS 78463V107 339 2981 SH SOLE 2981 0 0 SPDR INDEX SHS FDS S&P EM MKT DIV 78463X533 202 5930 SH SOLE 5930 0 0 SPDR INDEX SHS FDS S&P INTL ETF 78463X772 223 5310 SH SOLE 5310 0 0 SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 376 11252 SH SOLE 11252 0 0 SPDR INDEX SHS FDS S&P GBLINF ETF 78463X855 322 6640 SH SOLE 6640 0 0 SPDR S&P 500 ETF TR TR UNIT 78462F103 70101 341058 SH SOLE 341058 0 0 SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 330 1252 SH SOLE 1252 0 0 SPDR SER TR SHT TRM HGH YLD 78468R408 372 12855 SH SOLE 12855 0 0 SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 13924 573251 SH SOLE 573251 0 0 SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 5891 243825 SH SOLE 243825 0 0 SPDR SERIES TRUST BARC SHT TR CP 78464A474 12892 421658 SH SOLE 421658 0 0 SPDR SERIES TRUST S&P DIVID ETF 78464A763 578 7330 SH SOLE 7330 0 0 SPDR SERIES TRUST S&P BK ETF 78464A797 265 7900 SH SOLE 7900 0 0 SPIRIT RLTY CAP INC NEW COM 84860W102 476 40000 SH SOLE 40000 0 0 SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 2994 306380 SH SOLE 306380 0 0 SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 824 16900 SH SOLE 16900 0 0 STARZ COM SER A 85571Q102 1845 62105 SH SOLE 62105 0 0 STONERIDGE INC COM 86183P102 193 15000 SH SOLE 15000 0 0 SWIFT TRANSN CO CL A 87074U101 296 10325 SH SOLE 10325 0 0 TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 1349 60288 SH SOLE 60288 0 0 TANGER FACTORY OUTLET CTRS I COM 875465106 739 20000 SH SOLE 20000 0 0 TATA MTRS LTD SPONSORED ADR 876568502 1693 40045 SH SOLE 40045 0 0 TEKMIRA PHARMACEUTICALS CORP COM NEW 87911B209 1212 80000 SH SOLE 80000 0 0 TELECOM ARGENTINA S A SPON ADR REP B 879273209 406 21000 SH SOLE 21000 0 0 TEVA PHARMACEUTICAL INDS LTD ADR 881624209 14395 250300 SH SOLE 250300 0 0 TOWER INTL INC COM 891826109 240 9400 SH SOLE 9400 0 0 TRAVELERS COMPANIES INC COM 89417E109 1219 11517 SH SOLE 11517 0 0 UDR INC COM 902653104 237 7700 SH SOLE 7700 0 0 UNIFI INC COM NEW 904677200 282 9500 SH SOLE 9500 0 0 UNITED PARCEL SERVICE INC CL B 911312106 372 3350 SH SOLE 3350 0 0 UNITED TECHNOLOGIES CORP COM 913017109 972 8452 SH SOLE 8452 0 0 UNITEDHEALTH GROUP INC COM 91324P102 1133 11205 SH SOLE 11205 0 0 VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 241 2928 SH SOLE 2928 0 0 VANGUARD INDEX FDS REIT ETF 922908553 2441 30138 SH SOLE 30138 0 0 VANGUARD INDEX FDS SM CP VAL ETF 922908611 716 6765 SH SOLE 6765 0 0 VANGUARD INDEX FDS LARGE CAP ETF 922908637 929 9840 SH SOLE 9840 0 0 VANGUARD INDEX FDS TOTAL STK MKT 922908769 42700 402826 SH SOLE 402826 0 0 VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 3185 67975 SH SOLE 67975 0 0 VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 937 23404 SH SOLE 23404 0 0 VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 259 3010 SH SOLE 3010 0 0 VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 430 11361 SH SOLE 11361 0 0 VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 848 12338 SH SOLE 12338 0 0 VANGUARD WORLD FDS CONSUM DIS ETF 92204A108 5939 50810 SH SOLE 50810 0 0 VANGUARD WORLD FDS CONSUM STP ETF 92204A207 6402 51114 SH SOLE 51114 0 0 VANGUARD WORLD FDS ENERGY ETF 92204A306 1011 9060 SH SOLE 9060 0 0 VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 6725 53550 SH SOLE 53550 0 0 VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 5323 49830 SH SOLE 49830 0 0 VANGUARD WORLD FDS INF TECH ETF 92204A702 7438 71195 SH SOLE 71195 0 0 VANGUARD WORLD FDS MATERIALS ETF 92204A801 1822 16968 SH SOLE 16968 0 0 VANGUARD WORLD FDS UTILITIES ETF 92204A876 2504 24469 SH SOLE 24469 0 0 VANGUARD WORLD FDS TELCOMM ETF 92204A884 1223 14434 SH SOLE 14434 0 0 VERIZON COMMUNICATIONS INC COM 92343V104 2247 48029 SH SOLE 48029 0 0 VONAGE HLDGS CORP COM 92886T201 368 96500 SH SOLE 96500 0 0 WAL-MART STORES INC COM 931142103 379 4412 SH SOLE 4412 0 0 WELLS FARGO & CO NEW COM 949746101 2067 37708 SH SOLE 37708 0 0 WESTERN DIGITAL CORP COM 958102105 2601 23498 SH SOLE 23498 0 0 WINTHROP RLTY TR SH BEN INT NEW 976391300 231 14800 SH SOLE 14800 0 0 XENOPORT INC COM 98411C100 1052 120000 SH SOLE 120000 0 0 YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 557 21040 SH SOLE 21040 0 0