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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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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 258 11,325 SH   SOLE   0 0 11,325
iShares MSCI Emerging Markets Indx ETF ETF 464287234 22,683 603,761 SH   SOLE   0 0 603,761
ISHARES TR - 7-10 YR TREAS BD ETF ETF 464287440 3,309 29,500 SH   SOLE   0 0 29,500
iShares MSCI EAFE ETF ETF 464287465 21,071 358,400 SH   SOLE   0 0 358,400
IShares ETF-Rus2000 ETF 464287655 21,684 176,000 SH   SOLE   0 0 176,000
ISHARES TR - 10-20 YR TRS ETF ETF 464288653 3,309 22,752 SH   SOLE   0 0 22,752
ISHARES TR - 3-7 YR TREAS BD ETF ETF 464288661 3,309 26,111 SH   SOLE   0 0 26,111
PIMCO ETF TR-TTL RTN ACTV ETF ETF 72201R775 18,074 167,456 SH   SOLE   0 0 167,456
POWERSHARES QQQ TRUST ETF 73935A104 2,816 23,900 SH   SOLE   0 0 23,900
SPDR S&P 500 ETF TR TR UNIT 78462F103 484,398 2,256,372 SH   SOLE   0 0 2,256,372
SPDR Gold Trust ETF 78463V107 1,450 11,500 SH   SOLE   0 0 11,500
SSGA ACTIVE ETF TR - SPDR TOTAL RETURN TACTICAL ETF ETF 78467V848 14,251 283,601 SH   SOLE   0 0 283,601
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 254,825 5,391,033 SH   SOLE   0 0 5,391,033
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 253,141 3,494,106 SH   SOLE   0 0 3,494,106
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 252,912 4,770,775 SH   SOLE   0 0 4,770,775
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 253,227 3,183,352 SH   SOLE   0 0 3,183,352
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 255,319 3,781,650 SH   SOLE   0 0 3,781,650
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 205,754 10,728,004 SH   SOLE   0 0 10,728,004
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 256,833 4,438,277 SH   SOLE   0 0 4,438,277
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 261,246 5,478,926 SH   SOLE   0 0 5,478,926
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 251,729 5,038,632 SH   SOLE   0 0 5,038,632
Twitter Inc Company 90184L102 3,452 150,000 SH   SOLE   0 0 150,000