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
DBX ETF TR XTRAK MSCI EAFE 233051200 80,747 2,990,614 SH   SOLE 2,990,614 0 0
FLEXSHARES TR IBOXX 5YR TRGT 33939L605 106,164 4,342,099 SH   SOLE 4,342,099 0 0
HIGHLAND FDS I HI LD IBOXX SRLN 430101774 150,884 7,858,560 SH   SOLE 7,858,560 0 0
ISHARES AGENCY BOND ETF 464288166 54,187 479,105 SH   SOLE 479,105 0 0
ISHARES EAFE SML CP ETF 464288273 84,285 1,804,422 SH   SOLE 1,804,422 0 0
ISHARES MBS ETF 464288588 373,069 3,412,631 SH   SOLE 3,412,631 0 0
ISHARES 3-7 YR TR BD ETF 464288661 63,537 519,478 SH   SOLE 519,478 0 0
ISHARES MICRO-CAP ETF 464288869 47,677 619,348 SH   SOLE 619,348 0 0
ISHARES INC CORE MSCI EMKT 46434G103 27,395 582,491 SH   SOLE 582,491 0 0
ISHARES TR TIPS BD ETF 464287176 3,922 35,011 SH   SOLE 35,011 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 54,899 1,319,065 SH   SOLE 1,319,065 0 0
ISHARES TR CORE S&P500 ETF 464287200 390 1,887 SH   SOLE 1,887 0 0
ISHARES TR IBOXX INV CP ETF 464287242 111,725 935,643 SH   SOLE 935,643 0 0
ISHARES TR S&P 500 VAL ETF 464287408 360 3,835 SH   SOLE 3,835 0 0
ISHARES TR MSCI EAFE ETF 464287465 330,513 5,432,501 SH   SOLE 5,432,501 0 0
ISHARES TR RUS 1000 ETF 464287622 405,397 3,536,570 SH   SOLE 3,536,570 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 130,515 1,091,083 SH   SOLE 1,091,083 0 0
ISHARES TR CORE US VAL ETF 464287663 739 5,412 SH   SOLE 5,412 0 0
ISHARES TR CORE MSCITOTAL 46432F834 1,436 26,949 SH   SOLE 26,949 0 0
PIMCO ETF TR 0-5 HIGH YIELD 72201R783 137,463 1,363,314 SH   SOLE 1,363,314 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 266,644 5,436,172 SH   SOLE 5,436,172 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 84,656 1,535,841 SH   SOLE 1,535,841 0 0
SCHWAB STRATEGIC TR EMRG MKTEQ ETF 808524706 17,470 730,954 SH   SOLE 730,954 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 219,877 7,605,564 SH   SOLE 7,605,564 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 81,831 2,100,936 SH   SOLE 2,100,936 0 0
SCHWAB STRATEGIC TR INTRM TRM TRES 808524854 42,961 801,520 SH   SOLE 801,520 0 0
SCHWAB STRATEGIC TR US TIPS ETF 808524870 3,474 64,055 SH   SOLE 64,055 0 0
SCHWAB STRATEGIC TR INTL SCEQT ETF 808524888 31,140 1,079,368 SH   SOLE 1,079,368 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 109,081 4,410,863 SH   SOLE 4,410,863 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 41,894 1,085,048 SH   SOLE 1,085,048 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 122,992 1,353,048 SH   SOLE 1,353,048 0 0
SPDR SERIES TRUST S&P SEMICNDCTR 78464A862 53,764 674,332 SH   SOLE 674,332 0 0
UNITED STS COMMODITY INDEX F COMM IDX FND 911717106 159,407 3,301,038 SH   SOLE 3,301,038 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 465 2,469 SH   SOLE 2,469 0 0
VANGUARD INDEX FDS REIT ETF 922908553 466 5,756 SH   SOLE 5,756 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 351 3,317 SH   SOLE 3,317 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 217 2,076 SH   SOLE 2,076 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 375 4,435 SH   SOLE 4,435 0 0
VANGUARD INDEX FDS SMALL CP ETF 922908751 356 3,053 SH   SOLE 3,053 0 0
VANGUARD INTL EQUITY INDEX F FTSE SMCAP ETF 922042718 424 4,451 SH   SOLE 4,451 0 0
VANGUARD STAR FD VG TL INTL STK F 921909768 1,817 37,591 SH   SOLE 37,591 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 512 13,517 SH   SOLE 13,517 0 0
VANGUARD WORLD FD MEGA GRWTH IND 921910816 336 4,133 SH   SOLE 4,133 0 0