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
Alerian MLP ETF ETF 00162Q866 950,000 50,000 SH   SOLE   0 0 0
iPATH S&P 500 VIX Mid-Term Futures ETN ETF 06740C519 15,168 1,200 SH   SOLE   0 0 0
iPATH S&P 500 VIX Short-Term Futures ETN ETF 06742E711 3,918 137 SH   SOLE   0 0 0
iShares MSCI EAFE Minimum Volatility ETF ETF 46429B689 7,305,496 111,739 SH   SOLE   0 0 0
iShares S&P 500 Growth ETF ETF 464287309 3,134,662 29,800 SH   SOLE   0 0 0
iShares S&P 500 Value ETF ETF 464287408 3,024,380 33,500 SH   SOLE   0 0 0
iShares TIPS Bond ETF ETF 464287176 1,338,176 11,600 SH   SOLE   0 0 0
PowerShares DB Commodity Index Tracking Fund ETF 73935S105 640,578 24,100 SH   SOLE   0 0 0
PowerShares S&P 500 Low Volatility Portfolio ETF 73937B779 9,409,249 264,379 SH   SOLE   0 0 0
SPDR S&P 500 ETF Trust ETF 78462F103 14,445,115 73,805 SH   SOLE   0 0 0
Utilities Select Sector SPDR Fund ETF 81369Y886 1,062,240 24,000 SH   SOLE   0 0 0
Vanguard Total Bond Market ETF ETF 921937835 29,008,810 352,819 SH   SOLE   0 0 0
WisdomTree Equity Income Fund ETF 97717W208 178,200 3,000 SH   SOLE   0 0 0