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
DISNEY WALT CO COM DISNEY 254687106 133 1,410 SH   DFND 1 1,410 0 0
DR REDDYS LABS LTD ADR 256135203 42 830 SH   DFND 1 830 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 44 600 SH   DFND 1 600 0 0
E M C CORP MASS COM 268648102 197 6,650 SH   DFND 1 6,650 0 0
EBAY INC COM 278642103 4,612 82,200 SH   DFND 1 82,200 0 0
EMBRAER S A SP ADR REP 4 COM 29082A107 37 1,000 SH   DFND 1 1,000 0 0
FOMENTO ECONOMICO MEXICANO S SPON ADR UNITS 344419106 264 3,000 SH   DFND 1 3,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 12 496 SH   DFND 1 496 0 0
FRESENIUS MED CARE AG&CO KGA SPONSORED ADR 358029106 212 5,700 SH   DFND 1 5,700 0 0
GILEAD SCIENCES INC COM 375558103 536 5,700 SH   DFND 1 5,700 0 0
GOOGLE INC CL A 38259P508 106 200 SH   DFND 1 200 0 0
HASBRO INC COM 418056107 19 350 SH   DFND 1 350 0 0
HOME DEPOT INC COM 437076102 262 2,500 SH   DFND 1 2,500 0 0
HONDA MOTOR LTD AMERN SHS 438128308 838 28,440 SH   DFND 1 28,440 0 0
HONEYWELL INTL INC COM 438516106 50 500 SH   DFND 1 500 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 47 1,000 SH   DFND 1 1,000 0 0
HUDSON GLOBAL INC COM 443787106 108 35,000 SH   DFND 1 35,000 0 0
INTEL CORP COM 458140100 3,450 95,050 SH   DFND 1 95,050 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 96 600 SH   DFND 1 600 0 0
INTUITIVE SURGICAL INC COM NEW 46120E602 87 165 SH   DFND 1 165 0 0
ISHARES 20+ YR TR BD ETF 464287432 781 6,200 SH   DFND 1 6,200 0 0
ISHARES CHINA LG-CAP ETF 464287184 37 900 SH   DFND 1 900 0 0
ALLERGAN INC COM 018490102 1,425 6,700 SH   DFND 1 6,700 0 0
ALTRIA GROUP INC COM 02209S103 864 17,535 SH   DFND 1 17,535 0 0
AMBEV SA SPONSORED ADR 02319V103 56 9,000 SH   DFND 1 9,000 0 0
AMERICA MOVIL SAB DE CV SPON ADR L SHS 02364W105 33 1,500 SH   DFND 1 1,500 0 0
AMETEK INC NEW COM 031100100 3,774 71,700 SH   DFND 1 71,700 0 0
AMGEN INC COM 031162100 1,100 6,900 SH   DFND 1 6,900 0 0
APACHE CORP COM 037411105 300 4,800 SH   DFND 1 4,800 0 0
APPLE INC COM 037833100 3,825 34,671 SH   DFND 1 34,671 0 0
AT&T INC COM 00206R102 60 1,800 SH   DFND 1 1,800 0 0
BANCO BILBAO VIZCAYA ARGENTA SPONSORED ADR 05946K101 19 2,000 SH   DFND 1 2,000 0 0
BANK OF AMERICA CORPORATION COM 060505104 651 36,300 SH   DFND 1 36,300 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 354 2,350 SH   DFND 1 2,350 0 0
BP PLC SPONSORED ADR 055622104 23 607 SH   DFND 1 607 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 59 1,000 SH   DFND 1 1,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 2,890 34,970 SH   DFND 1 34,970 0 0
CATERPILLAR INC DEL COM 149123101 646 7,055 SH   DFND 1 7,055 0 0
CHINA LIFE INS CO LTD SPON ADR REP H 16939P106 111 1,900 SH   DFND 1 1,900 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 2,318 39,400 SH   DFND 1 39,400 0 0
CISCO SYS INC COM 17275R102 42 1,500 SH   DFND 1 1,500 0 0
COLGATE PALMOLIVE CO COM 194162103 76 1,100 SH   DFND 1 1,100 0 0
DIAGEO P L C SPON ADR NEW 25243Q205 23 200 SH   DFND 1 200 0 0
DISCOVERY COMMUNICATNS NEW COM SER A 25470F104 903 26,200 SH   DFND 1 26,200 0 0
ISHARES CORE S&P500 ETF 464287200 600 2,900 SH   DFND 1 2,900 0 0
ISHARES EMU ETF 464286608 59 1,620 SH   DFND 1 1,620 0 0
ISHARES GLOB HLTHCRE ETF 464287325 110 1,105 SH   DFND 1 1,105 0 0
ISHARES IBOXX HI YD ETF 464288513 925 10,330 SH   DFND 1 10,330 0 0
ISHARES IBOXX INV CP ETF 464287242 103 860 SH   DFND 1 860 0 0
ISHARES MSCI ACWI ETF 464288257 5,031 86,000 SH   DFND 1 86,000 0 0
ISHARES MSCI BRZ CAP ETF 464286400 29 806 SH   DFND 1 806 0 0
ISHARES MSCI EAFE ETF 464287465 486 8,000 SH   DFND 1 8,000 0 0
ISHARES MSCI EMG MKT ETF 464287234 2,279 58,000 SH   DFND 1 58,000 0 0
ISHARES MSCI EURO FL ETF 464289180 1,281 58,200 SH   DFND 1 58,200 0 0
ISHARES MSCI GERMANY ETF 464286806 70 2,547 SH   DFND 1 2,547 0 0
ISHARES US HOME CONS ETF 464288752 41 1,570 SH   DFND 1 1,570 0 0
ISHARES GOLD TRUST ISHARES 464285105 92 8,030 SH   DFND 1 8,030 0 0
ISHARES TR FLTG RATE BD ETF 46429B655 1,234 24,400 SH   DFND 1 24,400 0 0
JOHNSON & JOHNSON COM 478160104 2,575 24,660 SH   DFND 1 24,660 0 0
JPMORGAN CHASE & CO COM 46625H100 1,809 28,900 SH   DFND 1 28,900 0 0
KOHLS CORP COM 500255104 79 1,300 SH   DFND 1 1,300 0 0
MARATHON PETE CORP COM 56585A102 3,283 36,385 SH   DFND 1 36,385 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 603 32,700 SH   DFND 1 32,700 0 0
MCDONALDS CORP COM 580135101 2,405 25,700 SH   DFND 1 25,700 0 0
MEDTRONIC INC COM 585055106 40 550 SH   DFND 1 550 0 0
MERCK & CO INC NEW COM 58933Y105 2,852 50,250 SH   DFND 1 50,250 0 0
METLIFE INC COM 59156R108 76 1,400 SH   DFND 1 1,400 0 0
MICROSOFT CORP COM 594918104 813 17,500 SH   DFND 1 17,500 0 0
NATIONAL OILWELL VARCO INC COM 637071101 2,334 35,575 SH   DFND 1 35,575 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 81 1,000 SH   DFND 1 1,000 0 0
ORACLE CORP COM 68389X105 1,386 30,825 SH   DFND 1 30,825 0 0
PEPSICO INC COM 713448108 2,807 29,700 SH   DFND 1 29,700 0 0
PFIZER INC COM 717081103 166 5,350 SH   DFND 1 5,350 0 0
PIMCO ETF TR TOTL RETN ETF 72201R775 246 2,300 SH   DFND 1 2,300 0 0
POSCO SPONSORED ADR 693483109 379 5,925 SH   DFND 1 5,925 0 0
POTASH CORP SASK INC COM 73755L107 35 1,000 SH   DFND 1 1,000 0 0
POWERSHARES ETF TRUST WATER RESOURCE 73935X575 32 1,250 SH   DFND 1 1,250 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 83 800 SH   DFND 1 800 0 0
PRAXAIR INC COM 74005P104 1,698 13,110 SH   DFND 1 13,110 0 0
PROCTER & GAMBLE CO COM 742718109 90 990 SH   DFND 1 990 0 0
QUALCOMM INC COM 747525103 30 400 SH   DFND 1 400 0 0
ROGERS COMMUNICATIONS INC CL B 775109200 62 1,600 SH   DFND 1 1,600 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 435 6,285 SH   DFND 1 6,285 0 0
RPX CORP COM 74972G103 48 3,500 SH   DFND 1 3,500 0 0
SALESFORCE COM INC COM 79466L302 80 1,350 SH   DFND 1 1,350 0 0
SANOFI SPONSORED ADR 80105N105 153 3,350 SH   DFND 1 3,350 0 0
SAP AG SPON ADR 803054204 288 4,125 SH   DFND 1 4,125 0 0
SCHLUMBERGER LTD COM 806857108 3,065 35,885 SH   DFND 1 35,885 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 3,013 121,800 SH   DFND 1 121,800 0 0
SOTHEBYS COM 835898107 182 4,250 SH   DFND 1 4,250 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 394 3,473 SH   DFND 1 3,473 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 6,297 30,640 SH   DFND 1 30,640 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 78 2,700 SH   DFND 1 2,700 0 0
STARBUCKS CORP COM 855244109 246 3,000 SH   DFND 1 3,000 0 0
STERICYCLE INC COM 858912108 2,210 16,850 SH   DFND 1 16,850 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,955 92,700 SH   DFND 1 92,700 0 0
TESLA MTRS INC COM 88160R101 56 250 SH   DFND 1 250 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 86 1,500 SH   DFND 1 1,500 0 0
THE ADT CORPORATION COM 00101J106 25 700 SH   DFND 1 700 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 34 275 SH   DFND 1 275 0 0
TJX COS INC NEW COM 872540109 937 13,660 SH   DFND 1 13,660 0 0
TOTAL S A SPONSORED ADR 89151E109 203 3,930 SH   DFND 1 3,930 0 0
UNILEVER N V N Y SHS NEW 904784709 23 600 SH   DFND 1 600 0 0
UNITED PARCEL SERVICE INC CL B 911312106 2,616 23,525 SH   DFND 1 23,525 0 0
UNITED TECHNOLOGIES CORP COM 913017109 4,910 42,715 SH   DFND 1 42,715 0 0
US BANCORP DEL COM NEW 902973304 2,988 66,530 SH   DFND 1 66,530 0 0
VALEANT PHARMACEUTICALS INTL COM 91911K102 431 3,000 SH   DFND 1 3,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 3,354 64,000 SH   DFND 1 64,000 0 0
VISA INC COM CL A 92826C839 1,015 3,881 SH   DFND 1 3,881 0 0
WABTEC CORP COM 929740108 1,545 17,780 SH   DFND 1 17,780 0 0
WAL-MART STORES INC COM 931142103 2,410 28,070 SH   DFND 1 28,070 0 0
WASTE CONNECTIONS INC COM 941053100 81 1,850 SH   DFND 1 1,850 0 0
WELLS FARGO & CO NEW COM 949746101 404 7,400 SH   DFND 1 7,400 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 177 3,600 SH   DFND 1 3,600 0 0
YUM BRANDS INC COM 988498101 386 5,300 SH   DFND 1 5,300 0 0