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
DORSEY WRT 5 ETF ETF 33738R605 252 11,500 SH   SOLE   0 0 11,500
iShares MSCI Emerging Markets Indx ETF ETF 464287234 639 19,500 SH   SOLE   0 0 19,500
IShares ETF-20yr ETF 464287432 457 3,700 SH   SOLE   0 0 3,700
iShares MSCI EAFE ETF ETF 464287465 4,775 83,300 SH   SOLE   0 0 83,300
IShares ETF-Rus2000 ETF 464287655 4,914 45,000 SH   SOLE   0 0 45,000
i-shares U.S. REAL ES ETF ETF 464287739 397 5,600 SH   SOLE   0 0 5,600
iShares MSCI Emerging Markets Indx ETF PUT 464287954 325 837 SH Put SOLE   0 0 837
Swan Defined Risk Fund Class A Mutual Fund 66538E408 141 12,596 SH   SOLE   0 0 12,596
Swan Defined Risk Fund Class I Mutual Fund 66538E606 39,594 3,535,216 SH   SOLE   0 0 3,535,216
Swan Defined Risk Fund Class I Mutual Fund 66538G676 7,088 787,504 SH   SOLE   0 0 787,504
POWERSHARES QQQ TRUST ETF 73935A104 906 8,900 SH   SOLE   0 0 8,900
SPDR S&P 500 ETF TR TR UNIT 78462F103 390,345 2,036,974 SH   SOLE   0 0 2,036,974
SPDR S&P 500 ETF TR PUT 78462F953 8,602 11,557 SH Put SOLE   0 0 11,557
SPDR Gold Trust ETF 78463V107 6,985 64,800 SH   SOLE   0 0 64,800
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 165,073 4,136,242 SH   SOLE   0 0 4,136,242
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 171,431 2,589,373 SH   SOLE   0 0 2,589,373
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 179,103 3,795,876 SH   SOLE   0 0 3,795,876
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 182,415 2,457,537 SH   SOLE   0 0 2,457,537
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 164,794 2,693,413 SH   SOLE   0 0 2,693,413
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 172,569 7,617,460 SH   SOLE   0 0 7,617,460
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 174,220 3,492,852 SH   SOLE   0 0 3,492,852
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 177,445 4,493,604 SH   SOLE   0 0 4,493,604
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 187,820 4,339,667 SH   SOLE   0 0 4,339,667
Twitter Inc Company 90184L102 6,735 250,000 SH   SOLE   0 0 250,000
Vanguard Intl Equity ETF 922042858 4,018 124,700 SH   SOLE   0 0 124,700