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
TEVA PHAR(TEVA) ADR 881624209 1 84 SH   DFND   84 0 0
TEVA PHAR(TEVA) ADR 881624209 5,690 332,923 SH   DFND 3, 2, 1 332,923 0 0
NICE SPONSORED ADR 653656108 473 5,032 SH   DFND   5,032 0 0
NICE SPONSORED ADR 653656108 15,273 162,599 SH   DFND 2, 1 161,399 0 1,200
DSPG COM 23332B106 11 900 SH   DFND   900 0 0
LOEWS CORP(LCUS COM 540424108 0 5 SH   DFND 2 5 0 0
ABBOTT LABS COM 002824100 227 3,790 SH   DFND 3, 1 290 0 3,500
BOEING CO COM 097023105 3,900 11,894 SH   DFND 1 7,327 0 4,567
INT'L BUSI(IBM) COM 459200101 143 931 SH   DFND 3, 2 931 0 0
GLOBAL X(LIT) GLOBAL X LITHIUM 37954Y855 7,593 230,216 SH   DFND 2, 1 230,216 0 0
AETNA INC (AET) NEW COM 00817Y108 6,208 36,731 SH   DFND 1 17,916 0 18,815
MORGAN STANLEY COM NEW 617446448 58 1,080 SH   DFND 3 1,080 0 0
JOHNSON&JO(JNJ) COM 478160104 231 1,800 SH   DFND 3 1,800 0 0
WELLS FARGO&COM COM 949746101 3,431 65,471 SH   DFND 3, 1 57,571 0 7,900
PFIZER (PFE) COM 717081103 6,173 173,930 SH   DFND 3, 2, 1 79,095 0 94,835
OCCIDENTAL(OXY) COM 674599105 1,896 29,194 SH   DFND 1 11,086 0 18,108
HEWLETT-PAC(HPQ COM 40434L105 404 18,410 SH   DFND 3 18,410 0 0
ORACLE(ORCL) COM 68389X105 21,807 476,651 SH   DFND 3, 2, 1 407,144 0 69,507
SPDR DJIA(DIA) UT SER 1 78467X109 10,309 42,705 SH   DFND 1 893 0 41,812
OWENS ILINIOIS COM 690768403 39 1,800 SH   DFND 3 1,800 0 0
PEPSICO (PEP) COM 713448108 3,954 36,222 SH   DFND 3, 1 25,735 0 10,487
CISCO SYS(CSCO) COM 17275R102 8,713 203,158 SH   DFND 3, 1 117,950 0 85,208
CITIGROUP(C) COM NEW 172967424 3,847 56,986 SH   DFND 3, 2, 1 34,740 0 22,246
APPLE INC COM 037833100 233 1,386 SH   DFND   1,386 0 0
APPLE INC COM 037833100 29,200 174,040 SH   DFND 3, 2, 1 20,452 0 153,588
AROTECH CORP COM NEW 042682203 3 942 SH   DFND   942 0 0
MERCK & CO(MRK) NEW COM 58933Y105 1,111 20,400 SH   DFND 1 20,000 0 400
TARGET CORP(TGT COM 87612E106 3,530 50,839 SH   DFND 3, 1 42,723 0 8,116
WALMART (WMT) COM 931142103 71 800 SH   DFND 3 800 0 0
APPLIED MATLS INC COM 038222105 343 6,160 SH   DFND 3, 2 6,160 0 0
INTEL (INTC) COM 458140100 2,983 57,280 SH   DFND 3 57,280 0 0
AMGEN INC COM 031162100 6,682 39,198 SH   DFND 3 39,198 0 0
MICROSOFT(MSFT) COM 594918104 502 5,500 SH   DFND 1 0 0 5,500
XRX COM 984121608 799 27,750 SH   DFND 3 27,750 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 372 6,837 SH   DFND 1 0 0 6,837
NIKE(NKE) CL B 654106103 279 4,200 SH   DFND 3, 1 1,700 0 2,500
DR HORTON(DHI) COM 23331A109 1,118 25,500 SH   DFND 3 25,500 0 0
AMERICAN EXPRESS CO COM 025816109 3,932 42,148 SH   DFND 3, 1 21,561 0 20,587
ISHARES HONG KO MSCI HONG KG ETF 464286871 25,075 990,706 SH   DFND 2 990,706 0 0
PTNR ADR 70211M109 575 125,252 SH   DFND 2 125,252 0 0
AMAZON COM INC COM 023135106 12 8 SH   DFND 1 8 0 0
TECH SPDR(XLK) TECHNOLOGY 81369Y803 5,879 89,873 SH   DFND   89,873 0 0
TECH SPDR(XLK) TECHNOLOGY 81369Y803 81,274 1,242,338 SH   DFND 2, 1 638,135 0 604,203
CONS' SPDR(XLP) SBI CONS STPLS 81369Y308 329 6,247 SH   DFND   6,247 0 0
CONS' SPDR(XLP) SBI CONS STPLS 81369Y308 44,976 854,576 SH   DFND 2, 1 22,302 0 832,274
HEALTH SPDR(XLV SBI HEALTHCARE 81369Y209 2,106 25,875 SH   DFND   25,875 0 0
HEALTH SPDR(XLV SBI HEALTHCARE 81369Y209 112,209 1,378,492 SH   DFND 3, 2, 1 790,465 0 588,027
MATTEL(MAT) COM 577081102 2 186 SH   DFND 2 186 0 0
WHIRLPOOL(WHR) COM 963320106 612 4,000 SH   DFND 1 0 0 4,000
LOCKHEED(LMT) COM 539830109 251 743 SH   DFND 3, 1 200 0 543
ARROW ELECTRS INC COM 042735100 2,519 32,700 SH   DFND 3 32,700 0 0
GILEAD SCI(GILD COM 375558103 57 755 SH   DFND   755 0 0
GILEAD SCI(GILD COM 375558103 15,640 207,450 SH   DFND 3, 2, 1 90,093 0 117,357
WORLDPAY INC CL A ADDED 981558109 104 1,266 SH   DFND   1,266 0 0
WORLDPAY INC CL A ADDED 981558109 5,394 65,584 SH   DFND 3, 1 35,700 0 29,884
EASTMAN CHE(EMN COM 277432100 109 1,030 SH   DFND 3 1,030 0 0
CA INC(CA) COM 12673P105 5 148 SH   DFND 1 148 0 0
OPKO HEALT(OPK) COM 68375N103 49 15,601 SH   DFND   15,601 0 0
PROCTER AND GAMBLE CO COM 742718109 493 6,222 SH   DFND 1 0 0 6,222
BOOKING HLDGS INC COM ADDED 09857L108 64 31 SH   DFND   31 0 0
BOOKING HLDGS INC COM ADDED 09857L108 16,400 7,883 SH   DFND 3, 1 2,638 0 5,245
EXXON MOBIL(XOM COM 30231G102 49 660 SH   DFND 1 660 0 0
COCA-COLA (KO) COM 191216100 426 9,800 SH   DFND 3, 1 9,800 0 0
BOTTOMLINE TECH DEL INC COM 101388106 74 1,900 SH   DFND 3 1,900 0 0
STARBUCKS(SBUX) COM 855244109 2 30 SH   DFND 3 30 0 0
WASTE MGMT INC DEL COM 94106L109 1,346 16,000 SH   DFND 3 16,000 0 0
ANDV US COM 03349M105 1,890 18,792 SH   DFND 1 9,000 0 9,792
QUALCOMM(QCOM) COM 747525103 223 4,026 SH   DFND 1 1,526 0 2,500
NIC INC COM 62914B100 48 3,600 SH   DFND 3 3,600 0 0
FINANC SPDR(XLF SBI INT-FINL 81369Y605 5,674 205,799 SH   DFND   205,799 0 0
FINANC SPDR(XLF SBI INT-FINL 81369Y605 77,527 2,812,003 SH   DFND 3, 2, 1 965,653 0 1,846,350
DNB COM 26483E100 1,451 12,400 SH   DFND 3 12,400 0 0
POWERSHAR(QQQ) UNIT SER 1 73935A104 1,518 9,481 SH   DFND   9,481 0 0
POWERSHAR(QQQ) UNIT SER 1 73935A104 44,060 275,154 SH   DFND 2, 1 220,858 0 54,296
FEDEX CORP(FDX) COM 31428X106 2 8 SH   DFND 2 8 0 0
TYSON FOODS INC CL A 902494103 71 970 SH   DFND 3 970 0 0
EXPEDIA(EXPE) COM NEW 30212P303 4 40 SH   DFND 3 40 0 0
GOLDMAN SACH(GS COM 38141G104 58 230 SH   DFND 3 230 0 0
ALEXION PHARMACEUTICALS INC COM 015351109 7 65 SH   DFND 2 65 0 0
ELECTRONIC ARTS INC COM 285512109 97 800 SH   DFND 3 800 0 0
WEX INC COM 96208T104 263 1,680 SH   DFND 3 1,680 0 0
UNP COM 907818108 302 2,250 SH   DFND 3, 1 500 0 1,750
BECTON DICKINSON & CO COM 075887109 650 3,000 SH   DFND 3 3,000 0 0
HONEYWELL(HON) COM 438516106 311 2,150 SH   DFND 3 2,150 0 0
ISHARES JAP(EWJ MSCI JPN ETF NEW ADDED 46434G822 513 8,461 SH   DFND   8,461 0 0
ISHARES JAP(EWJ MSCI JPN ETF NEW ADDED 46434G822 29,956 493,672 SH   DFND 2, 1 24,678 0 468,994
CELGENE(CELG) COM 151020104 27 303 SH   DFND   303 0 0
CELGENE(CELG) COM 151020104 7,414 83,105 SH   DFND 3, 2, 1 26,264 0 56,841
MONSTER(MNST) COM 61174X109 2 40 SH   DFND 3 40 0 0
AVNET INC COM COM 053807103 1,712 41,000 SH   DFND 3 41,000 0 0
AMERISOUR(ABC) COM 03073E105 658 7,636 SH   DFND 3, 1 5,045 0 2,591
NVIDIA CORP COM 67066G104 308 1,330 SH   DFND 1 0 0 1,330
CVS CORP (CVS) COM 126650100 4,033 64,822 SH   DFND 1 25,683 0 39,139
LAM RESEARCH CORP COM 512807108 122 600 SH   DFND 3 600 0 0
BIOGEN IDE(BIIB COM 09062X103 2,102 7,675 SH   DFND 3, 2, 1 7,595 0 80
J.P. MORGAN(JPM COM 46625H100 184 1,671 SH   DFND   1,671 0 0
J.P. MORGAN(JPM COM 46625H100 22,228 202,131 SH   DFND 3, 1 52,071 0 150,060
ISHARE GERM(EWG MSCI GERMAN 464286806 6,263 195,482 SH   DFND 2, 1 195,353 0 129
KLA-TENCOR(KLAC com 482480100 368 3,380 SH   DFND 3, 1 680 0 2,700
VERIZON COMMUNICATIONS INC COM 92343V104 65 1,360 SH   DFND 3 1,360 0 0
INTUIT(INTU) COM 461202103 3 15 SH   DFND 3 15 0 0
VISA INC (V US) COM CL A 92826C839 107 893 SH   DFND   893 0 0
VISA INC (V US) COM CL A 92826C839 18,531 154,917 SH   DFND 3, 2, 1 6,307 0 148,610
MICRON TECHNOLOGY INC COM 595112103 395 7,570 SH   DFND 3, 1 4,670 0 2,900
COGNIZANT(CTSH) CL A 192446102 6,198 76,995 SH   DFND 3, 1 73,095 0 3,900
COLGATE-PAL(CL) COM 194162103 210 2,933 SH   DFND 3 2,933 0 0
LIVEPERSON(LPSN COM 538146101 41 2,512 SH   DFND   2,512 0 0
LIVEPERSON(LPSN COM 538146101 107 6,550 SH   DFND 2 6,550 0 0
MCDONALD'S(MCD) COM 580135101 729 4,660 SH   DFND 3 4,660 0 0
SPDR (SPY) TR UNIT 78462F103 88 336 SH   DFND   336 0 0
SPDR (SPY) TR UNIT 78462F103 45,335 172,278 SH   DFND 2, 1 128,187 0 44,091
GOODYEAR TI(GT) com 382550101 202 7,600 SH   DFND 3 7,600 0 0
HCA HEALTHCARE INC COM 40412C101 70 720 SH   DFND 3 720 0 0
ISHARES U.K(EWU MSCI UK ETF NEW ADDED 46435G334 532 15,308 SH   DFND 1 0 0 15,308
LOWE'S COS(LOW) COM 548661107 2,219 25,284 SH   DFND 1 12,800 0 12,484
COSTCO(COST) NEW COM 22160K105 1,999 10,607 SH   DFND 1 0 0 10,607
FISERV INC COM 337738108 1,415 19,840 SH   DFND 3 19,840 0 0
BED BATH & BEYOND INC COM 075896100 194 9,245 SH   DFND 3 9,245 0 0
BANK AMER CORP COM 060505104 817 27,259 SH   DFND 3, 2, 1 2,680 0 24,579
USB COM NEW 902973304 2,541 50,310 SH   DFND 3 50,310 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 97 1,210 SH   DFND 2 1,210 0 0
DUKE ENERGY CORP NEW COM NEW COM NEW 26441C204 8 105 SH   DFND 2 105 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 503 2,520 SH   DFND 2, 1 120 0 2,400
LENNAR(LEN) CL A 526057104 2,082 35,323 SH   DFND 3, 1 26,348 0 8,975
LNC COM 534187109 22 300 SH   DFND 3 300 0 0
ISHARES BIO(IBB NASDQ BIOTEC ETF 464287556 1,278 11,970 SH   DFND 1 528 0 11,442
WELLCARE (WCG) COM 94946T106 2,711 14,000 SH   DFND 3 14,000 0 0
ISHARE ITAL(EWI MSCI ITL ETF NEW ADDED 46434G830 1,155 35,932 SH   DFND 2, 1 35,930 0 2
KB HOME COM 48666K109 711 25,000 SH   DFND 3 25,000 0 0
METLIFE(MET) COM 59156R108 422 9,200 SH   DFND 3 9,200 0 0
ISHARES (EWP) SPAN CP ETF 464286764 191 5,876 SH   DFND   5,876 0 0
ISHARES (EWP) SPAN CP ETF 464286764 23,376 719,049 SH   DFND 1 6,160 0 712,889
PHM COM 745867101 954 32,350 SH   DFND 3 32,350 0 0
RUSSELL2000(IWM RUSSELL 2000 464287655 32,313 212,822 SH   DFND 2, 1 158,625 0 54,197
NORTHROP(NOC) COM 666807102 192 550 SH   DFND 3 550 0 0
EXPRESS SC(ESRX COM 30219G108 2,573 37,245 SH   DFND 3, 1 30,374 0 6,871
ANTHEM INC COM 036752103 4,646 21,149 SH   DFND 3, 1 11,300 0 9,849
ISHARES TR 0-5YR HI YL CP 46434V407 11 241 SH   DFND 2 241 0 0
ISHA HEDG(HEWG) HDG MSCI GERMN 46434V704 206 7,500 SH   DFND 3 7,500 0 0
AGFSW US W EXP 07/31/202 ADDED 00856G117 2 3,300 SH   DFND 1 3,300 0 0
LBRDA US COM SER A 530307107 8 100 SH   DFND 2 100 0 0
SECOND S(EYESW) W EXP 03/06/202 81362J118 32 38,653 SH   DFND 1 38,653 0 0
ISHARES TR MSCI SPAIN ETF 46435G813 23 1,072 SH   DFND 2 1,072 0 0
KRANESHARES TR BOSERA MSCI CH 500767405 14,413 413,088 SH   DFND 2 413,088 0 0
ISHARES 0(SLQD) 0-5YR INVT GR CP 46434V100 1,349 27,115 SH   DFND 1 27,115 0 0
EYES US COM 81362J100 420 218,555 SH   DFND 1 218,555 0 0
ELDORADO R(ERI) COM 28470R102 1,386 42,000 SH   DFND 3 42,000 0 0
DOWDUPONT INC COM ADDED 26078J100 522 8,200 SH   DFND 3 8,200 0 0
SYNCHRONY FINL COM 87165B103 52 1,550 SH   DFND 3 1,550 0 0
WISDOMTRE(DXGE) GERMANY HEDEQ FD 97717W448 1,231 39,651 SH   DFND 2 39,651 0 0
FIDELITY (FDIS) MSCI CONSM DIS 316092204 1,153 29,000 SH   DFND 3 29,000 0 0
FORESCOUT TECHNOLOGIES INC COM ADDED 34553D101 8 242 SH   DFND   242 0 0
DEUTSCHE (DBEU) DB XTR MSCI EUR 233051853 2,364 86,110 SH   DFND 1 79,572 0 6,538
GLOBAL NET LEASE INC COM NEW 379378201 0 0 SH   DFND 1 0 0 0
ISHARES E(LRGF) MULTIFACTOR USA 46434V282 1,340 42,550 SH   DFND 1 42,550 0 0
MCBC HOLD(MCFT) COM 55276F107 756 30,000 SH   DFND 3 30,000 0 0
REAL ESTA(XLRE) RL EST SEL SEC 81369Y860 121 3,904 SH   DFND   3,904 0 0
REAL ESTA(XLRE) RL EST SEL SEC 81369Y860 31,330 1,008,037 SH   DFND 2, 1 11,843 0 996,195
SOLAREDGE(SEDG) COM 83417M104 76 1,439 SH   DFND   1,439 0 0
SOLAREDGE(SEDG) COM 83417M104 2,023 38,468 SH   DFND 3, 2 38,468 0 0
GLOBAL X FDS RBTCS ARTFL INTE 37954Y715 7,014 289,936 SH   DFND 2 289,936 0 0
KRAFT HEINZ CO COM 500754106 349 5,605 SH   DFND 1 0 0 5,605
VANECK VECTORS ETF TR JP MORGAN MKTS 92189F494 6 329 SH   DFND 2 329 0 0
WISDOMTREE(ELD) EM LCL DEBT FD 97717X867 393 10,000 SH   DFND 3 10,000 0 0
CEVA INC(CEVA) COM 157210105 36 1,008 SH   DFND   1,008 0 0
COMCAST A(CMCSA CL A 20030N101 2,828 82,751 SH   DFND 3, 2, 1 69,020 0 13,731
HUMANA INC(HUM) COM 444859102 806 3,000 SH   DFND 3 3,000 0 0
CAPITAL ONE(COF COM 14040H105 114 1,190 SH   DFND 3 1,190 0 0
AUTOZONE INC COM 053332102 1,218 1,877 SH   DFND 3 1,877 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 14 240 SH   DFND 1 0 0 240
MSCI SOUTH(EWY) MSCI STH KOR CAP 464286772 927 12,289 SH   DFND 1 0 0 12,289
REGENERON PHARMACEUTICALS COM 75886F107 17 50 SH   DFND 2 50 0 0
WESTERN DIG(WDC COM 958102105 74 800 SH   DFND 3 800 0 0
PLURISTEM(PSTI) COM 72940R102 6 4,201 SH   DFND   4,201 0 0
PLURISTEM(PSTI) COM 72940R102 167 121,666 SH   DFND 1 121,666 0 0
NAUTILUS(NLS) COM 63910B102 551 41,000 SH   DFND 3 41,000 0 0
DELUXE(DLX) COM 248019101 2,413 32,600 SH   DFND 3 32,600 0 0
ILLINOIS(ITW) COM 452308109 94 600 SH   DFND 3 600 0 0
DISCOVER FINL SVCS COM 254709108 55 760 SH   DFND 3 760 0 0
MSCI EMERGI(EEM MSCI EMERG MKT 464287234 1,835 38,000 SH   DFND   38,000 0 0
MSCI EMERGI(EEM MSCI EMERG MKT 464287234 11,636 241,018 SH   DFND 2, 1 10,228 0 230,790
CONSUMER DI(XLY SBI CONS DISCR 81369Y407 91 900 SH   DFND   900 0 0
CONSUMER DI(XLY SBI CONS DISCR 81369Y407 19,859 196,060 SH   DFND 3, 2, 1 172,691 0 23,369
ISHARES TR PHLX SEMICND ETF 464287523 1,188 6,600 SH   DFND 1 0 0 6,600
ISHARES GS$(LQD IBOXX INV CPBD 464287242 50 426 SH   DFND 2 426 0 0
DJ SELECT DIVID DJ SEL DIV INX 464287168 93 974 SH   DFND 1 974 0 0
DJ SELECT DIVID DJ SEL DIV INX 464287168 2,494 26,217 SH   DFND   26,217 0 0
ISHARES(TIP US) BARCLYS TIPS BD 464287176 2,206 19,511 SH   DFND 1 19,511 0 0
ENERGY SPDR(XLE SBI INT-ENERGY 81369Y506 21,540 319,542 SH   DFND   319,542 0 0
ENERGY SPDR(XLE SBI INT-ENERGY 81369Y506 129,522 1,921,409 SH   DFND 2, 1 485,910 0 1,435,499
FOOT LOCKER INC COM 344849104 68 1,490 SH   DFND 3 1,490 0 0
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 253 4,720 SH   DFND 3 4,720 0 0
FACTSET(FDS) COM 303075105 5,038 25,265 SH   DFND 3 25,265 0 0
AVERY DENNISON CORP COM 053611109 2,736 25,750 SH   DFND 3 25,750 0 0
SIGNATURE(SBNY) COM 82669G104 3,420 24,090 SH   DFND 3 24,090 0 0
TRAVELERS (TRV) COM 89417E109 1,448 10,427 SH   DFND 3, 1 8,412 0 2,015
TOTAL SYSTE(TSS COM 891906109 11,293 130,920 SH   DFND 3 130,920 0 0
RTH US RETAIL ETF 92189F684 280 3,000 SH   DFND 3 3,000 0 0
BCLI US COM NEW 10501E201 123 39,115 SH   DFND 1 39,115 0 0
GLOBAL PMTS INC COM 37940X102 1,102 9,880 SH   DFND 3 9,880 0 0
YUM BRANDS INC COM 988498101 60 703 SH   DFND 1 0 0 703
ACI WORLDWIDE INC COM 004498101 211 8,900 SH   DFND 3 8,900 0 0
ALPHABET(GOOGL) CAP STK CL A ADDED 02079K305 6,302 6,077 SH   DFND 3, 1 4,793 0 1,284
ISHARES JPN(EPP MSCI PAC J IDX 464286665 299 6,433 SH   DFND 2, 1 6,200 0 233
WATSCO(WSO) COM 942622200 651 3,600 SH   DFND 3 3,600 0 0
ISHARES TR 20 YR TR BD ETF 464287432 902 7,400 SH   DFND 3 7,400 0 0
PNC FINANCI(PNC COM 693475105 2,995 19,800 SH   DFND 3 19,800 0 0
ORMAT TECH(ORA) COM 686688102 98 1,733 SH   DFND   1,733 0 0
MCKESSON(MCK) COM 58155Q103 2,985 21,190 SH   DFND 3 21,190 0 0
FOX ENTERT(FOX) CL B 90130A200 18 500 SH   DFND 2 500 0 0
SPDR GODL (GLD) GOLD SHS 78463V107 2,255 17,925 SH   DFND 3 17,925 0 0
SPDR GODL (GLD) GOLD SHS 78463V107 2,647 21,040 SH   DFND   21,040 0 0
UTILITIES(XLU) SBI INT-UTILS 81369Y886 341 6,745 SH   DFND   6,745 0 0
UTILITIES(XLU) SBI INT-UTILS 81369Y886 61,008 1,207,354 SH   DFND 1 6,410 0 1,200,944
EAFE INDEX(EFA) MSCI EAFE ETF 464287465 873 12,527 SH   DFND   12,527 0 0
ISHAR BRAZI(EWZ MSCI BRAZIL CAP 464286400 25,367 565,216 SH   DFND 2, 1 565,216 0 0
PATRICK IN(PATK COM 703343103 1,373 22,200 SH   DFND 3 22,200 0 0
ISHARES CHI(FXI FTSE CHINA25 IDX 464287184 207 4,374 SH   DFND   4,374 0 0
ISHARES CHI(FXI FTSE CHINA25 IDX 464287184 27,781 588,087 SH   DFND 1 37,905 0 550,182
ISHARES TR LATN AMER 40 ETF 464287390 994 26,450 SH   DFND 1 0 0 26,450
ISHARE MEXI(EWW MSCI MEXICO CAP 464286822 14,012 271,963 SH   DFND 2, 1 258,885 0 13,078
ISHARES EMU(EZU MSCI EURZONE ETF 464286608 1,137 26,221 SH   DFND 3, 1 26,221 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 52 5,500 SH   DFND 3 5,500 0 0
POWERSHARES ETF TRUST WILDERHILL CN EN ADDED 73935X112 984 39,341 SH   DFND   39,341 0 0
EURONET WORLDWIDE INC COM 298736109 142 1,800 SH   DFND 3 1,800 0 0
DOLLAR GENER(DG COM 256677105 395 4,226 SH   DFND 1 0 0 4,226
RANGE RESOU(RRC COM 75281A109 7 500 SH   DFND 2 500 0 0
TRINITY IND(TRN COM 896522109 1,109 34,000 SH   DFND 3 34,000 0 0
MOSAIC CO NEW COM 61945C103 15,118 622,668 SH   DFND 2 622,668 0 0
HUNTINGTON BANCSHARES INC COM 446150104 56 3,740 SH   DFND 3 3,740 0 0
BORGWARNER INC COM 099724106 380 7,570 SH   DFND 3 7,570 0 0
S&P MIDCAP4(IJH CORE S&P MCP ETF 464287507 6,533 34,829 SH   DFND 3, 2 34,829 0 0
VANGRD EMRG(VWO FTSE EMR MKT ETF 922042858 27,265 580,348 SH   DFND 3, 2, 1 544,576 0 35,772
SUNTRUST BKS INC COM 867914103 59 870 SH   DFND 3 870 0 0
KEYCORP NEW COM 493267108 54 2,760 SH   DFND 3 2,760 0 0
ISHARES S&P(IXJ S&P GBL HLTHCR 464287325 894 8,026 SH   DFND 1 8,026 0 0
ISHARES SWE(EWD MSCI SWEDEN 464286756 944 28,189 SH   DFND 1 0 0 28,189
ISHARES REA(IYR DJ US REAL EST 464287739 595 7,882 SH   DFND   7,882 0 0
CF INDUSTR(CF) COM 125269100 0 3 SH   DFND 1 3 0 0
ARTHUR J GA(AJG COM 363576109 2,028 29,500 SH   DFND 3 29,500 0 0
CB RICHARD(CBG) CL A 12504L109 2,406 50,861 SH   DFND 1 27,550 0 23,311
VANGUARD EU(VGK MSCI EUROPE ETF 922042874 789 13,563 SH   DFND   13,563 0 0
VANGUARD EU(VGK MSCI EUROPE ETF 922042874 7,671 131,916 SH   DFND 3, 2, 1 78,864 0 53,052
ISHARES MSC(EWL MSCI SZ CAP ETF 464286749 130 3,792 SH   DFND 2, 1 1,297 0 2,495
POWERSHARES(PHO WATER RESOURCE 73935X575 213 7,000 SH   DFND 2 7,000 0 0
ISHARES DJ (IEZ DJ OIL EQUIP 464288844 57 1,770 SH   DFND   1,770 0 0
ISHARES DJ (IEZ DJ OIL EQUIP 464288844 12,724 392,468 SH   DFND 1 2,811 0 389,657
FIDELITY NATL INFORMATION SV COM 31620M106 170 1,770 SH   DFND 3 1,770 0 0
VERINT SYS INC COM 92343X100 0 2,937 SH   DFND   2,937 0 0
PYPL US COM ADDED 70450Y103 6,680 88,039 SH   DFND 3, 1 42,288 0 45,751
NVR INC(NVR) COM 62944T105 3,500 1,250 SH   DFND 3 1,250 0 0
ROSS STORS(ROST COM 778296103 2,542 32,600 SH   DFND 3 32,600 0 0
ISHARES FRANCE MSCI FRANCE 464286707 442 14,082 SH   DFND   14,082 0 0
ISHARES FRANCE MSCI FRANCE 464286707 82,341 2,622,330 SH   DFND 2, 1 28,877 0 2,593,453
ISHARES AUS(EWA MSCI AUSTRIALIA 464286103 270 12,264 SH   DFND   12,264 0 0
ISHARES AUS(EWA MSCI AUSTRIALIA 464286103 22,937 1,041,642 SH   DFND 1 7,100 0 1,034,542
INDUSTRIAL(XLI) SBI INT-INDS 81369Y704 80 1,072 SH   DFND   1,072 0 0
INDUSTRIAL(XLI) SBI INT-INDS 81369Y704 22,583 303,986 SH   DFND 2, 1 38,801 0 265,185
ISHARES(IEV US) S&P EURO PLUS 464287861 2,465 52,854 SH   DFND 1 10,332 0 42,522
S&P 500 (IVV) CORE S&P500 ETF 464287200 7,243 27,294 SH   DFND 2 27,294 0 0
DILLARD'S(DDS) CL A 254067101 1,125 14,000 SH   DFND 3 14,000 0 0
FIFTH THIRD BANCORP COM 316773100 57 1,810 SH   DFND 3 1,810 0 0
SPDR S&P400(MDY UTSER1 S&PDCRP 78467Y107 304 891 SH   DFND   891 0 0
WISDOMTREE(EPI) INDIA ERNGS FD 97717W422 3,080 117,463 SH   DFND 1 0 0 117,463
CRED US BARCLYS CR BD 464288620 307 2,820 SH   DFND   2,820 0 0
VANGUARD(VCSH) SHRT TRM CORP BD 92206C409 4,440 56,616 SH   DFND 2, 1 56,616 0 0
VANGUARD(VCSH) SHRT TRM CORP BD 92206C409 23,503 299,663 SH   DFND   299,663 0 0
MARKEL CORP(MKL COM 570535104 26 22 SH   DFND 2 22 0 0
CHIPOTLE ME(CMG COM 169656105 1 4 SH   DFND 3 4 0 0
RESMED (RMD) COM 761152107 4,761 48,350 SH   DFND 3 48,350 0 0
TJX COMPAN(TJX) COM 872540109 4,569 56,025 SH   DFND 3 56,025 0 0
AMN HEALTHCARE SERVICES INC COM COM 001744101 1,703 30,000 SH   DFND 3 30,000 0 0
THOR INDU (THO) COM 885160101 2,211 19,200 SH   DFND 3 19,200 0 0
GCI LIBERTY INC COM CLASS A ADDED 36164V305 17 330 SH   DFND 2 330 0 0
VANGUARD HE(VHT HEALTH CAR ETF 92204A504 200 1,300 SH   DFND 3 1,300 0 0
KBW INSURAN(KIE S&P INS ETF 78464A789 1,525 49,170 SH   DFND 1 0 0 49,170
ISHARES DJ (ITA U.S. AER&DEF ETF 464288760 346 1,750 SH   DFND 1 0 0 1,750
ENVESTNET INC COM 29404K106 206 3,600 SH   DFND 3 3,600 0 0
SPDR DIVIDE(SDY S&P DIVID ETF 78464A763 1,453 15,929 SH   DFND 2 15,929 0 0
VANGUARD R(VNQ) REIT ETF 922908553 136 1,800 SH   DFND 3 1,800 0 0
STREET TRA(KBE) S&P BK ETF 78464A797 293 6,120 SH   DFND   6,120 0 0
STREET TRA(KBE) S&P BK ETF 78464A797 51,892 1,083,575 SH   DFND 1 8,220 0 1,075,355
TEXAS ROAD(TXRH COM 882681109 5,270 91,200 SH   DFND 3 91,200 0 0
MASTERCARD (MA) CL A 57636Q104 7,778 44,407 SH   DFND 3, 1 28,203 0 16,204
POWERSAHRES(PBS DYN MEDIA PORT 73935X823 822 28,023 SH   DFND 2 28,023 0 0
WISDOMTREE TR EUROPE SMCP DV 97717W869 5 69 SH   DFND 1 0 0 69
VANGUARD DI(VIG DIV APP ETF 921908844 121 1,200 SH   DFND 1 1,200 0 0
VANGUARD FI(VFH FINANCIALS ETF 92204A405 67 965 SH   DFND 1 0 0 965
ISHARES DJ (ITB DJ HOME CONSTN 464288752 2,525 63,938 SH   DFND 2, 1 53,964 0 9,974
SPDR S&P (XHB S&P HOMEBUILD 78464A888 1,534 37,604 SH   DFND 1 21,180 0 16,424
POWERSHARES(PKW DYNA BUYBK ACH 73935X286 1,262 22,176 SH   DFND   22,176 0 0
VANGUARD(VGT US INF TECH ETF 92204A702 1,059 6,194 SH   DFND 1 6,030 0 164
WISDOMT(DHS HIGH DIV FD 97717W208 15,197 223,085 SH   DFND 2 223,085 0 0
WISDOMTREE(DXJ) JAPN HEDGE EQT 97717W851 770 13,754 SH   DFND   13,754 0 0
WISDOMTREE(DXJ) JAPN HEDGE EQT 97717W851 36,383 649,587 SH   DFND 3, 2, 1 471,683 0 177,904
PROTALIX B(PLX) COM 74365A101 3 6,242 SH   DFND   6,242 0 0
PROTALIX B(PLX) COM 74365A101 12 23,050 SH   DFND 1 23,050 0 0
ISHARES (RXI US GLB CNS DISC ETF 464288745 1,171 10,500 SH   DFND 3 10,500 0 0
GUGGENHEIM(RYT) GUG S&P500EQWTTE 78355W817 57,045 377,009 SH   DFND 3, 2, 1 374,079 0 2,930
RSX US RUSSIA ETF ADDED 92189F403 531 23,369 SH   DFND 1 0 0 23,369
CAL US COM 129500104 672 20,000 SH   DFND 3 20,000 0 0
FUND TYPE(GXC S&P CHINA ETF 78463X400 373 3,370 SH   DFND   3,370 0 0
FUND TYPE(GXC S&P CHINA ETF 78463X400 98,801 892,591 SH   DFND 2, 1 272,910 0 619,681
DELTA AIR(DAL COM NEW 247361702 1,989 36,280 SH   DFND 3 36,280 0 0
MACYS INC COM 55616P104 86 2,900 SH   DFND 3 2,900 0 0
ISHARES DJ(IDV) INTL SEL DIV ETF 464288448 0 1 SH   DFND 1 1 0 0
ISHARES TR 1 3 YR CR BD ETF 464288646 558 5,375 SH   DFND   5,375 0 0
ISHARES LE(IEI BARCLYS 3-7 YR 464288661 17 144 SH   DFND 1 144 0 0
KRE US S&P REGL BKG 78464A698 5,219 86,419 SH   DFND   86,419 0 0
KRE US S&P REGL BKG 78464A698 36,717 608,001 SH   DFND 2, 1 554,077 0 53,924
SHORT RUSS(RWM) SHRT RUSSELL2000 74348A210 884 21,000 SH   DFND 3 21,000 0 0
WISDOMTREE(DGS) EMG MKTS SMCAP 97717W281 318 5,893 SH   DFND 1 0 0 5,893
TUCOWS INC(TCX) COM NEW 898697206 560 10,000 SH   DFND 3 10,000 0 0
SPDR S&P R(XRT) S&P RETAIL ETF 78464A714 98 2,214 SH   DFND 2 2,214 0 0
SPDR S&P R(XRT) S&P RETAIL ETF 78464A714 639 14,420 SH   DFND   14,420 0 0
PHILIP MRRI(PM) COM 718172109 7 70 SH   DFND 3 70 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 1,881 22,900 SH   DFND 3 22,900 0 0
ISHARES (ACWI) MSCI ACWI INDX 464288257 367 5,119 SH   DFND 1 3,667 0 1,452
ISHARES (ACWI) MSCI ACWI INDX 464288257 2,453 34,212 SH   DFND   34,212 0 0
BIOTELEMETRY INC COM 090672106 683 22,000 SH   DFND 3 22,000 0 0
DISCOVERY(DISCK COM SER C 25470F302 10 500 SH   DFND 2 500 0 0
ISHARES JP(EMB) JPMORGAN USD 464288281 56 500 SH   DFND 3 500 0 0
ISHARES( AAXJ MSCI ACJPN IDX 464288182 272 3,502 SH   DFND   3,502 0 0
ISHARES( AAXJ MSCI ACJPN IDX 464288182 126,239 1,628,258 SH   DFND 2, 1 1,008,976 0 619,282
SPDR BARC(ITR) INTR TRM CORP BD 78464A375 1,603 47,785 SH   DFND 2, 1 47,785 0 0
VERISK ANALYTICS INC COM 92345Y106 198 1,900 SH   DFND 3 1,900 0 0
GLOBAL X (CHIQ) CHINA CONS ETF 37950E408 102 5,457 SH   DFND   5,457 0 0
GLOBAL X (CHIQ) CHINA CONS ETF 37950E408 15,601 833,812 SH   DFND 1 8,360 0 825,452
ISHARES IN(CIU) INTERM CR BD ETF 464288638 58 544 SH   DFND 2, 1 544 0 0
ISHARES IN(CIU) INTERM CR BD ETF 464288638 7,478 69,729 SH   DFND   69,729 0 0
ISHARES S(INDY) INDIA 50 ETF 464289529 11,116 314,380 SH   DFND 2 314,380 0 0
PROSHA(SQQQ ULTRAPRO SHORT Q 74348A160 28 1,522 SH   DFND 1 1,522 0 0
LEAR CORP(LEA) COM NEW 521865204 4,857 26,100 SH   DFND 3 26,100 0 0
SPDR S&P P(XPH) S&P PHARMAC 78464A722 4 107 SH   DFND 1 0 0 107
SPDR S&P P(XPH) S&P PHARMAC 78464A722 129 3,074 SH   DFND   3,074 0 0
GUGGENHEIM(RYH) GUG S&P500EQWTHC 78355W841 323 1,800 SH   DFND 3 1,800 0 0
FIRST TRUS(FDN) EXCHANGE TRADED FD DJ INTERNT IDX 33733E302 1,848 15,339 SH   DFND   15,339 0 0
VANGUARD(VCIT) INT-TERM CORP 92206C870 847 9,986 SH   DFND   9,986 0 0
VANGUARD(VCIT) INT-TERM CORP 92206C870 2,244 26,448 SH   DFND 3, 2, 1 26,448 0 0
GREEN DOT CORP CL A 39304D102 231 3,600 SH   DFND 3 3,600 0 0
ECON US EMRG MARKETS ETF ADDED 19762B509 75 2,850 SH   DFND   2,850 0 0
ECON US EMRG MARKETS ETF ADDED 19762B509 11,772 444,566 SH   DFND 1 4,953 0 439,613
WISDOMTREE (EES US SMALLCP ERNGS 97717W562 542 15,169 SH   DFND 1 0 0 15,169
GENERAL MO(GM) COM 37045V100 2,884 79,366 SH   DFND 3, 1 61,167 0 18,199
CHARTER COMMUNICATIONS INC N CL A 16119P108 20 65 SH   DFND 2 65 0 0
INSPERITY (NSP) COM 45778Q107 2,055 29,540 SH   DFND 3 29,540 0 0
FIRST TR EXCHANGE TRADED FD CLOUD COMPUTING 33734X192 12 252 SH   DFND 2 252 0 0
BIOLINE (BLRX) SPONSORED ADR 09071M106 4 4,587 SH   DFND   4,587 0 0
IMPERVA(IMPV) COM 45321L100 64 1,475 SH   DFND   1,475 0 0
PIMCO TOT(BOND) TOTL RETN ETF 72201R775 2,634 25,272 SH   DFND 1 25,272 0 0
ISHARES M(USMV) MIN VOL USA ETF 46429B697 4 85 SH   DFND 1 85 0 0
LEXEA US SER A COM ADDED 53046P109 9 220 SH   DFND 2 220 0 0
ISHARES (EEMV) EM MK MINVOL ETF 464286533 181 2,903 SH   DFND 1 1,185 0 1,718
POWERSHAR(KBWB) KBW BK PORT 73937B746 46,214 840,555 SH   DFND 2 840,555 0 0
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103 283 9,993 SH   DFND 3 9,993 0 0
CANF US SPONSORED ADR 13471N102 4 2,952 SH   DFND   2,952 0 0
ISHARES M(MCHI) MSCI CHINE ETF 46429B671 367 5,350 SH   DFND 1 0 0 5,350
RDHL US SPONSORED ADS 757468103 4 699 SH   DFND   699 0 0
ABBVIE INC(ABBV COM 00287Y109 1,765 18,650 SH   DFND 3, 1 16,650 0 2,000
SCHWAB US(SCHH) US REIT ETF 808524847 956 25,000 SH   DFND 3 25,000 0 0
ISHARES M(URTH) MSCI WORLD ETF 464286392 276 3,165 SH   DFND   3,165 0 0
POWERSHAR(SPHD) PWESHA SP 500 LOW 73937B654 571 14,486 SH   DFND   14,486 0 0
ISHARES MS(INDA MSCI INDIA ETF ADDED 46429B598 198 5,807 SH   DFND   5,807 0 0
ISHARES MS(INDA MSCI INDIA ETF ADDED 46429B598 35,116 1,028,901 SH   DFND 1 50,598 0 978,303
DRIO US COM ADDED 23725P100 33 21,628 SH   DFND 1 21,628 0 0
VARONIS S(VRNS) COM 922280102 61 1,013 SH   DFND   1,013 0 0
ISHARES TR USA MOMENTUM FCT 46432F396 16 155 SH   DFND 2 155 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 54 887 SH   DFND   887 0 0
KRANESHARES TR CSI CHI INTERNET 500767306 28,344 461,397 SH   DFND 2, 1 271,464 0 189,933
GOOG US CAP STK CL C ADDED 02079K107 11,014 10,675 SH   DFND 2, 1 3,325 0 7,350
ISHARES CO(IEMG CORE MSCI EMKT 46434G103 905 15,500 SH   DFND 1 0 0 15,500
SPDR S&P1(MMTM) S&P1500MOMTILT 78468R705 154 1,327 SH   DFND   1,327 0 0
POWERSHAR(IPKW) PWRS INT BUYBK 73937B621 2,054 54,850 SH   DFND   54,850 0 0
MARKET VE(ISRA) ISRAEL ETF 92189F635 30 1,000 SH   DFND   1,000 0 0
ISHARES TR FLTG RATE NT ETF 46429B655 38 745 SH   DFND 2 745 0 0
CALIFORNIA RESO COM NEW ADDED 13057Q206 1 65 SH   DFND 1 2 0 63
BIONDVAX PHARMACEUTICALS LTD SPOND ADS 09073Q105 59 10,877 SH   DFND 1 10,877 0 0
ISHARES C(IEUR) CORE MSCI EURO 46434V738 2 38 SH   DFND 1 38 0 0
NNDM US SPONS ADR 63008G104 3 1,623 SH   DFND   1,623 0 0
DVMT US COM CL V ADDED 24703L103 19 264 SH   DFND 1 0 0 264
FIRST TR NASDAQ100 TECH INDE SHS 337345102 29,626 389,708 SH   DFND 2 389,708 0 0
VNQI US GLB EX US ETF 922042676 1,097 18,000 SH   DFND 3 18,000 0 0
PSCT US II S&P SMCP IT PO 73937B860 388 5,000 SH   DFND 3 5,000 0 0
HEDJ US EUROPE HEDGED EQ 97717X701 29,084 463,710 SH   DFND 2, 1 226,959 0 236,751
STIP US BRC 0-5 YR TIP 46429B747 644 6,430 SH   DFND 1 6,430 0 0
VOO US S&P 500 ETF SHS 922908363 589 2,434 SH   DFND   2,434 0 0
VOO US S&P 500 ETF SHS 922908363 7,206 29,768 SH   DFND 2, 1 7,906 0 21,862
AMERICAN INTL GROUP INC *W EXP 01/19/202 026874156 8 500 SH   DFND 2 500 0 0
OIH US OIL SVCS ETF ADDED 92189F718 3,385 141,792 SH   DFND 2 141,792 0 0
PPH US PHARMACEUTICAL E ADDED 92189F692 966 17,000 SH   DFND 3 17,000 0 0
FACEBOOK(FB) CL A 30303M102 167 1,042 SH   DFND   1,042 0 0
FACEBOOK(FB) CL A 30303M102 19,582 122,546 SH   DFND 3, 1 28,573 0 93,973
LENNAR CORP CL B 526057302 29 605 SH   DFND 1 376 0 229
TDIV US NASD TECH DIV 33738R118 519 14,500 SH   DFND 3 14,500 0 0
MAZOR ROBOTICS LTD SPONSORED ADS 57886P103 85 1,387 SH   DFND   1,387 0 0