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
ALPS ETF TR ALERIAN MLP 00162q866 679 197,506 SH   SOLE   197,506 0 0
AT&T INC COM 00206R102 2,533 86,899 SH   DFND 1 0 86,899 0
AT&T INC COM 00206R102 1 24 SH   SOLE   24 0 0
ABSOLUTE SHS TR WBI BBR RNG 3000 00400R502 25,957 1,020,806 SH   SOLE   1,020,806 0 0
ABSOLUTE SHS TR WBI BBR VAL 3000 00400R601 23,180 925,410 SH   SOLE   925,410 0 0
ABSOLUTE SHS TR WBI BBR YLD 3000 00400R700 34,613 1,565,584 SH   SOLE   1,565,584 0 0
ABSOLUTE SHS TR WBI BBR QTY 3000 00400R809 30,023 1,193,516 SH   SOLE   1,193,516 0 0
ABSOLUTE SHS TR WBI BULBEAR TR 00400R833 8,119 501,807 SH   SOLE   501,807 0 0
ABSOLUTE SHS TR WBI BULBEAR TR 00400R841 11,100 661,296 SH   SOLE   661,296 0 0
ABSOLUTE SHS TR WBI PWR FCTR ETF 00400R858 14,423 949,337 SH   SOLE   949,337 0 0
ABSOLUTE SHS TR WBI BBR GBL INME 00400R874 33,296 1,452,057 SH   SOLE   1,452,057 0 0
ADOBE INC COM 00724F101 2,084 6,550 SH   DFND 1 0 6,550 0
ADOBE INC COM 00724F101 1,040 3,267 SH   SOLE   3,267 0 0
AMERICAN EAGLE OUTFITTERS IN COM 02553E106 265 33,306 SH   DFND 1 0 33,306 0
AMGEN INC COM 031162100 2,152 10,616 SH   DFND 1 0 10,616 0
AMGEN INC COM 031162100 1,120 5,524 SH   SOLE   5,524 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316a108 253 11,765 SH   DFND 1 0 11,765 0
BERRY CORP COM 08579X101 100 41,678 SH   DFND 1 0 41,678 0
BIG LOTS INC COM 089302103 511 35,951 SH   DFND 1 0 35,951 0
BIOGEN INC COM 09062X103 2,186 6,909 SH   DFND 1 0 6,909 0
BIOGEN INC COM 09062X103 1,096 3,464 SH   SOLE   3,464 0 0
BLOCK H & R INC COM 093671105 1,069 75,931 SH   DFND 1 0 75,931 0
BLOCK H & R INC COM 093671105 3 213 SH   SOLE   213 0 0
BOSTON PRIVATE FINL HLDGS IN COM 101119105 195 27,301 SH   DFND 1 0 27,301 0
CVR ENERGY INC COM 12662P108 268 16,206 SH   DFND 1 0 16,206 0
CVR ENERGY INC COM 12662P108 41 2,497 SH   SOLE   2,497 0 0
CADENCE BANCORPORATION CL A 12739A100 1,024 156,392 SH   DFND 1 0 156,392 0
CHEMOURS CO COM 163851108 545 61,400 SH   DFND 1 0 61,400 0
CHEVRON CORP NEW COM 166764100 344 4,750 SH   DFND 1 0 4,750 0
CINEMARK HOLDINGS INC COM 17243V102 374 36,725 SH   DFND 1 0 36,725 0
CINEMARK HOLDINGS INC COM 17243V102 1 140 SH   SOLE   140 0 0
COLGATE PALMOLIVE CO COM 194162103 204 3,080 SH   SOLE   3,080 0 0
COMERICA INC COM 200340107 1,296 44,185 SH   DFND 1 0 44,185 0
COMERICA INC COM 200340107 109 3,714 SH   SOLE   3,714 0 0
DOMTAR CORP COM NEW 257559203 397 18,342 SH   DFND 1 0 18,342 0
EBAY INC COM 278642103 2,095 69,694 SH   DFND 1 0 69,694 0
EBAY INC COM 278642103 1,148 38,191 SH   SOLE   38,191 0 0
ELLINGTON FINANCIAL INC COM 28852N109 102 17,850 SH   DFND 1 0 17,850 0
FOOT LOCKER INC COM 344849104 1,786 81,011 SH   DFND 1 0 81,011 0
FOOT LOCKER INC COM 344849104 3 136 SH   SOLE   136 0 0
GAP INC COM 364760108 695 98,651 SH   DFND 1 0 98,651 0
GENERAL MTRS CO COM 37045V100 1,803 86,750 SH   DFND 1 0 86,750 0
GREIF INC CL A 397624107 223 7,182 SH   DFND 1 0 7,182 0
HANESBRANDS INC COM 410345102 1,077 136,876 SH   DFND 1 0 136,876 0
HANESBRANDS INC COM 410345102 47 6,022 SH   SOLE   6,022 0 0
HOPE BANCORP INC COM 43940t109 197 23,954 SH   DFND 1 0 23,954 0
HUMANA INC COM 444859102 2,244 7,147 SH   DFND 1 0 7,147 0
HUMANA INC COM 444859102 1,192 3,795 SH   SOLE   3,795 0 0
HUNTINGTON BANCSHARES INC COM 446150104 557 67,856 SH   DFND 1 0 67,856 0
HUNTINGTON BANCSHARES INC COM 446150104 40 4,833 SH   SOLE   4,833 0 0
INNOVATOR ETFS TR II LUNT LOW VOL HIG 45783G102 772 31,127 SH   SOLE   31,127 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,658 23,959 SH   DFND 1 0 23,959 0
INTL PAPER CO COM 460146103 1,068 34,308 SH   DFND 1 0 34,308 0
INTERPUBLIC GROUP COS INC COM 460690100 678 41,908 SH   DFND 1 0 41,908 0
INTERPUBLIC GROUP COS INC COM 460690100 4 220 SH   SOLE   220 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL HLT 46137V332 1,673 8,845 SH   SOLE   8,845 0 0
INVESCO EXCHANGE-TRADED FD T S&P MIDCP LOW 46138E198 1,006 25,268 SH   SOLE   25,268 0 0
INVESCO EXCHANGE-TRADED FD T S&P500 HDL VOL 46138e362 937 31,231 SH   SOLE   31,231 0 0
INVESCO EXCHANGE-TRADED FD T S&P SMLCP LOW 46138G102 239 7,204 SH   SOLE   7,204 0 0
ISHARES TR 20 YR TR BD ETF 464287432 9,381 56,863 SH   DFND 1 0 56,863 0
ISHARES TR 20 YR TR BD ETF 464287432 17,357 105,211 SH   SOLE   105,211 0 0
ISHARES TR SHORT TREAS BD 464288679 16,605 149,567 SH   SOLE   149,567 0 0
KEYCORP COM 493267108 492 47,463 SH   DFND 1 0 47,463 0
KEYCORP COM 493267108 32 3,112 SH   SOLE   3,112 0 0
KOHLS CORP COM 500255104 603 41,304 SH   DFND 1 0 41,304 0
KRONOS WORLDWIDE INC COM 50105F105 220 26,020 SH   DFND 1 0 26,020 0
MSC INDL DIRECT INC CL A 553530106 740 13,457 SH   DFND 1 0 13,457 0
MERCURY GENL CORP NEW COM 589400100 331 8,128 SH   DFND 1 0 8,128 0
MEREDITH CORP COM 589433101 275 22,540 SH   DFND 1 0 22,540 0
MOVADO GROUP INC COM 624580106 197 16,702 SH   DFND 1 0 16,702 0
NAVIENT CORPORATION COM 63938c108 357 47,050 SH   DFND 1 0 47,050 0
NEW YORK CMNTY BANCORP INC COM 649445103 1,074 114,398 SH   DFND 1 0 114,398 0
NORTHROP GRUMMAN CORP COM 666807102 1,983 6,555 SH   DFND 1 0 6,555 0
NORTHROP GRUMMAN CORP COM 666807102 1,068 3,530 SH   SOLE   3,530 0 0
NVIDIA CORP COM 67066G104 2,114 8,021 SH   DFND 1 0 8,021 0
NVIDIA CORP COM 67066G104 1,076 4,081 SH   SOLE   4,081 0 0
OLIN CORP COM PAR $1 680665205 667 57,114 SH   DFND 1 0 57,114 0
ORACLE CORP COM 68389X105 2,154 44,568 SH   DFND 1 0 44,568 0
ORACLE CORP COM 68389X105 1,184 24,503 SH   SOLE   24,503 0 0
PACWEST BANCORP DEL COM 695263103 348 19,403 SH   DFND 1 0 19,403 0
PACWEST BANCORP DEL COM 695263103 34 1,923 SH   SOLE   1,923 0 0
PLAINS GP HLDGS L P LTD PARTNR INT A 72651A207 382 68,050 SH   DFND 1 0 68,050 0
PRINCIPAL FINL GROUP INC COM 74251V102 253 8,059 SH   DFND 1 0 8,059 0
PRUDENTIAL FINL INC COM 744320102 551 10,573 SH   DFND 1 0 10,573 0
QUALCOMM INC COM 747525103 2,076 30,686 SH   DFND 1 0 30,686 0
QUALCOMM INC COM 747525103 1,149 16,978 SH   SOLE   16,978 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 120 13,347 SH   SOLE   13,347 0 0
S&P GLOBAL INC COM 78409v104 2,111 8,615 SH   DFND 1 0 8,615 0
S&P GLOBAL INC COM 78409v104 1,079 4,402 SH   SOLE   4,402 0 0
SPDR SER TR PORTFOLIO LN TSR 78464A664 29,204 618,211 SH   DFND 1 0 618,211 0
SPDR SER TR PORTFOLIO LN TSR 78464A664 22,696 480,448 SH   SOLE   480,448 0 0
SPDR SER TR SPDR BLOOMBERG 78468R663 16,978 185,290 SH   SOLE   185,290 0 0
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 59,269 1,145,740 SH   DFND 1 0 1,145,740 0
SCHWAB STRATEGIC TR SHT TM US TRES 808524862 58,621 1,133,206 SH   SOLE   1,133,206 0 0
SOUTHERN CO COM 842587107 793 14,644 SH   DFND 1 0 14,644 0
TAPESTRY INC COM 876030107 752 58,086 SH   DFND 1 0 58,086 0
UNUM GROUP COM 91529y106 734 48,900 SH   DFND 1 0 48,900 0
VALERO ENERGY CORP COM 91913Y100 451 9,952 SH   DFND 1 0 9,952 0
VANGUARD WORLD FD EXTENDED DUR 921910709 6,371 37,998 SH   DFND 1 0 37,998 0
VANGUARD WORLD FD EXTENDED DUR 921910709 365 2,180 SH   SOLE   2,180 0 0
VANGUARD SCOTTSDALE FDS INTER TERM TREAS 92206c706 8,909 126,285 SH   DFND 1 0 126,285 0
VANGUARD SCOTTSDALE FDS LONG TERM TREAS 92206c847 27,050 267,798 SH   DFND 1 0 267,798 0
VERIZON COMMUNICATIONS INC COM 92343v104 2,915 54,259 SH   DFND 1 0 54,259 0
VERIZON COMMUNICATIONS INC COM 92343v104 69 1,283 SH   SOLE   1,283 0 0
WELLS FARGO CO NEW COM 949746101 327 11,405 SH   DFND 1 0 11,405 0
WESTROCK CO COM 96145d105 964 34,120 SH   DFND 1 0 34,120 0
WESTROCK CO COM 96145d105 46 1,629 SH   SOLE   1,629 0 0
INVESCO LTD SHS G491BT108 777 85,554 SH   DFND 1 0 85,554 0
INVESCO LTD SHS G491BT108 43 4,721 SH   SOLE   4,721 0 0
SEAGATE TECHNOLOGY PLC SHS g7945m107 1,799 36,858 SH   DFND 1 0 36,858 0
TRINSEO S A SHS l9340p101 271 14,938 SH   DFND 1 0 14,938 0
LYONDELLBASELL INDUSTRIES N SHS - A - n53745100 851 17,153 SH   DFND 1 0 17,153 0