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
AT&T INC COM 00206R102 5,784 142,425 SH   SOLE   88,275 0 54,150
ABBVIE INC COM 00287Y109 21,592 342,350 SH   SOLE   236,475 0 105,875
ALPHABET INC CAP STK CL A 02079K305 11,997 14,920 SH   SOLE   10,620 0 4,300
ALPHABET INC CAP STK CL C 02079K107 5,739 7,383 SH   SOLE   4,543 0 2,840
AMAZON COM INC COM 023135106 23,654 28,250 SH   SOLE   19,475 0 8,775
AUTOMATIC DATA PROCESSING IN COM 053015103 655 7,425 SH   SOLE   0 0 7,425
CBS CORP NEW CL B 124857202 21,677 396,000 SH   SOLE   274,950 0 121,050
CITIGROUP INC COM NEW 172967424 2,836 60,050 SH   SOLE   60,050 0 0
CME GROUP INC COM 12572Q105 19,843 189,850 SH   SOLE   128,550 0 61,300
COMCAST CORP NEW CL A 20030N101 14,097 212,500 SH   SOLE   133,850 0 78,650
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 1,423 17,775 SH   SOLE   17,775 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 11,807 221,900 SH   SOLE   164,525 0 57,375
COSTCO WHSL CORP NEW COM 22160K105 19,845 130,120 SH   SOLE   90,520 0 39,600
CVS HEALTH CORP COM 126650100 547 6,150 SH   SOLE   0 0 6,150
DOLLAR TREE INC COM 256746108 1,658 21,000 SH   SOLE   21,000 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 20,945 296,625 SH   SOLE   191,300 0 105,325
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 35,934 1,861,850 SH   SOLE   1,233,700 0 628,150
FORTUNE BRANDS HOME & SEC IN COM 34964C106 16,563 285,075 SH   SOLE   197,050 0 88,025
GENERAL ELECTRIC CO COM 369604103 423 14,275 SH   SOLE   3,225 0 11,050
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 13,680 189,705 SH   SOLE   135,105 0 54,600
HONEYWELL INTL INC COM 438516106 20,088 172,300 SH   SOLE   120,275 0 52,025
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 17,089 292,725 SH   SOLE   222,725 0 70,000
ISHARES TR 1-3 YR CR BD ETF 464288646 1,602 15,150 SH   SOLE   15,150 0 0
ISHARES TR IBOXX INV CP ETF 464287242 1,633 13,260 SH   SOLE   13,260 0 0
ISHARES TR INTERM CR BD ETF 464288638 278 2,500 SH   SOLE   0 0 2,500
ISHARES TR NASDQ BIOTEC ETF 464287556 2,193 7,575 SH   SOLE   7,575 0 0
JPMORGAN CHASE & CO COM 46625H100 2,689 40,375 SH   SOLE   40,375 0 0
JOHNSON & JOHNSON COM 478160104 2,685 22,725 SH   SOLE   17,225 0 5,500
KRAFT HEINZ CO COM 500754106 22,730 253,933 SH   SOLE   175,733 0 78,200
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 15,146 317,200 SH   SOLE   223,775 0 93,425
MAXIM INTEGRATED PRODS INC COM 57772K101 444 11,125 SH   SOLE   0 0 11,125
MICROCHIP TECHNOLOGY INC COM 595017104 505 8,125 SH   SOLE   0 0 8,125
MICROSOFT CORP COM 594918104 17,472 303,325 SH   SOLE   205,400 0 97,925
PIONEER NAT RES CO COM 723787107 11,042 59,475 SH   SOLE   40,975 0 18,500
QUALCOMM INC COM 747525103 17,207 251,200 SH   SOLE   171,800 0 79,400
SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 8,707 265,710 SH   SOLE   178,306 0 87,404
ROPER TECHNOLOGIES INC COM 776696106 319 1,750 SH   SOLE   0 0 1,750
SCHLUMBERGER LTD COM 806857108 2,894 36,800 SH   SOLE   36,800 0 0
SHERWIN WILLIAMS CO COM 824348106 484 1,750 SH   SOLE   0 0 1,750
TE CONNECTIVITY LTD REG SHS H84989104 605 9,400 SH   SOLE   0 0 9,400
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 78,078 1,634,125 SH   SOLE   1,169,275 0 464,850
THERMO FISHER SCIENTIFIC INC COM 883556102 19,000 119,450 SH   SOLE   75,000 0 44,450
ULTA SALON COSMETCS & FRAG I COM 90384S303 15,855 66,625 SH   SOLE   44,450 0 22,175
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 9,325 190,350 SH   SOLE   127,150 0 63,200
WHIRLPOOL CORP COM 963320106 3,049 18,800 SH   SOLE   18,800 0 0
ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 00756M404 117 19,800 SH   SOLE   19,800 0 0
BANCO BRADESCO S A SP ADR PFD NEW 059460303 148 16,370 SH   SOLE   16,370 0 0
ICICI BK LTD ADR 45104G104 165 22,125 SH   SOLE   22,125 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 282 9,225 SH   SOLE   9,225 0 0