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
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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
JD COM INC SPONSOREDADR REPSTG ADR 47215p106 609 23,365 SH   SOLE   23,365 0 0
AMTRUST FINL SVCS INC COM COM 032359309 536 8,518 SH   SOLE   8,518 0 0
ROYAL CARIBBEAN CRUI F COM v7780t103 28,716 322,325 SH   SOLE   322,325 0 0
SUNEDISON INC COM USD0.01 COM 86732y109 121 16,804 SH   SOLE   16,804 0 0
VANGUARD WHITEHALL FDSHIGH DIV COM 921946406 16,023 255,750 SH   SOLE   255,750 0 0
VASCO DATA SECURITY COM 92230y104 675 39,587 SH   SOLE   39,587 0 0
WISDOMTREE TR EMERGINGMKTS HIG COM 97717w315 1,507 45,000 SH   SOLE   45,000 0 0
WISDOMTREE TR SMALLCAPDIVID FD COM 97717w604 7,087 112,500 SH   SOLE   112,500 0 0
ALPS ETF TR ALERIAN MLP ETF ETF 00162q866 1,872 150,000 SH   SOLE   150,000 0 0
ISHARES IBOXX INVSTMNT GRADE C ETF 464287242 1,451 12,500 SH   SOLE   12,500 0 0
MFC VANGUARD FTSE EMERGING MKT ETF 922042858 827 25,000 SH   SOLE   25,000 0 0
VANGUARD FTSE EUROPE ETF ETF 922042874 15,221 309,500 SH   SOLE   309,500 0 0
VANGUARD FTSE PACIFIC ETF ETF 922042866 7,986 148,735 SH   SOLE   148,735 0 0
VANGUARD INDEX FDS VANGUARDSMA ETF 922908751 11,713 108,500 SH   SOLE   108,500 0 0
VANGUARD REIT INDEX FD ETF ETF 922908553 7,176 95,000 SH   SOLE   95,000 0 0
VANGUARD TOTAL STK MKT ETF ETF 922908769 48,866 495,000 SH   SOLE   495,000 0 0
NORTHSTAR RLTY FIN CORP COM PA REIT 66704R803 241 19,477 SH   SOLE   19,477 0 0