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
DORSEY WRT 5 ETF ETF 33738R605 305 10,975 SH   SOLE   0 0 10,975
iShares MSCI Emerging Markets Indx ETF ETF 464287234 43,136 919,752 SH   SOLE   0 0 919,752
IShares ETF-20yr ETF 464287432 1,596 12,600 SH   SOLE   0 0 12,600
iShares Trust - iShares 1-3 Year Treasury Bond ETF ETF 464287457 5,818 69,406 SH   SOLE   0 0 69,406
iShares MSCI EAFE ETF ETF 464287465 62,848 894,500 SH   SOLE   0 0 894,500
IShares ETF-Rus2000 ETF 464287655 55,497 361,000 SH   SOLE   0 0 361,000
iShares MSCI Emerging Markets Indx ETF PUT 464287954 1,693 6,101 SH Put SOLE   0 0 6,101
ISHARES TR - 3-7 YR TREAS BD ETF ETF 464288661 5,925 48,539 SH   SOLE   0 0 48,539
ishares ETF - CORE MSCI EMKT ETF 46434G103 7,032 124,195 SH   SOLE   0 0 124,195
POWERSHARES QQQ TRUST ETF 73935A104 4,827 30,800 SH   SOLE   0 0 30,800
SPDR S&P 500 ETF TR TR UNIT 78462F103 597,608 2,230,964 SH   SOLE   0 0 2,230,964
SPDR S&P 500 ETF TR PUT 78462F953 2,149 42,605 SH Put SOLE   0 0 42,605
SPDR Gold Trust ETF 78463V107 3,170 25,800 SH   SOLE   0 0 25,800
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 415,698 6,855,179 SH   SOLE   0 0 6,855,179
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 413,523 4,970,832 SH   SOLE   0 0 4,970,832
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 414,118 7,277,999 SH   SOLE   0 0 7,277,999
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 416,687 4,197,511 SH   SOLE   0 0 4,197,511
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 415,186 5,729,079 SH   SOLE   0 0 5,729,079
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 345,797 12,301,557 SH   SOLE   0 0 12,301,557
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 416,706 5,496,717 SH   SOLE   0 0 5,496,717
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 414,319 6,444,528 SH   SOLE   0 0 6,444,528
SELECT SECTOR SPDR TR SBI INT-REALESTATE 81369Y860 71,151 2,161,976 SH   SOLE   0 0 2,161,976
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 411,295 7,811,866 SH   SOLE   0 0 7,811,866
Twitter Inc Company 90184L102 632 26,000 SH   SOLE   0 0 26,000