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
ALPS ETF TR ALERIAN MLP 00162Q866 6,140 370,550 SH   SOLE   370,550 0 0
APPLE INC COM 037833100 7,738 62,184 SH   SOLE   62,184 0 0
CISCO SYS INC COM 17275r102 5,922 215,140 SH   SOLE   215,140 0 0
CRESUD S A C I F Y A SPONSORED ADR 226406106 234 17,000 SH   SOLE   17,000 0 0
CVS HEALTH CORP COM 126650100 1,011 9,800 SH   SOLE   9,800 0 0
DBX ETF TR DBXTR HAR CS 300 233051879 5,690 136,656 SH   SOLE   136,656 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224p200 2,283 116,882 SH   SOLE   116,882 0 0
FACEBOOK INC CL A 30303m102 686 8,350 SH   SOLE   8,350 0 0
FCB FINL HLDGS INC CL A 30255g103 4,033 147,347 SH   SOLE   147,347 0 0
FIRST REP BK SAN FRANCISCO C COM 33616c100 856 15,000 SH   SOLE   15,000 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 718 25,755 SH   SOLE   25,755 0 0
ISHARES MSCI GERMANY ETF 464286806 3,609 120,960 SH   SOLE   120,960 0 0
ISHARES US HOME CONS ETF 464288752 1,723 61,050 SH   SOLE   61,050 0 0
MA COM TECHNOLOGY SOLUTIONS COM 55405y100 1,882 50,520 SH   SOLE   50,520 0 0
MACQUARIE INFRASTR CO LLC MEMBERSHIP INT 55608b105 3,157 38,360 SH   SOLE   38,360 0 0
MASTERCARD INC CL A 57636q104 2,942 34,050 SH   SOLE   34,050 0 0
NORTHSTAR RLTY FIN CORP COM NEW 66704R704 5,120 282,580 SH   SOLE   282,580 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 2,412 46,698 SH   SOLE   46,698 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 2,725 67,160 SH   SOLE   67,160 0 0
POWERSHARES ETF TRUST DYNA BUYBK ACH 73935x286 13,176 267,210 SH   SOLE   267,210 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935a104 2,323 22,000 SH   SOLE   22,000 0 0
PROSHARES TR ULTRAPRO SHORT S 74348A442 15,395 721,770 SH   SOLE   721,770 0 0
SAP SE SPON ADR 803054204 3,632 50,330 SH   SOLE   50,330 0 0
SILVER WHEATON CORP COM 828336107 282 14,820 SH   SOLE   14,820 0 0
UNITED RENTALS INC COM 911363109 1,748 19,170 SH   SOLE   19,170 0 0
WISDOMTREE TR EUROPE HEDGED EQ 97717x701 15,748 238,100 SH   SOLE   238,100 0 0
WISDOMTREE TR GERMANY HEDEQ FD 97717w448 1,127 36,000 SH   SOLE   36,000 0 0
WISDOMTREE TR INDIA ERNGS FD 97717w422 2,843 124,690 SH   SOLE   124,690 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717w851 2,232 40,500 SH   SOLE   40,500 0 0