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
FIRST TRUST CONSUMER DISCRE COM 33734X101 22,423 657,562 SH   DFND   650,854 0 6,708
FIRST TRUST CONSUMER STAPLE COM 33734X119 17,061 383,814 SH   DFND   379,768 0 4,046
FIRST TRUST FINANCIALS ALPHAD COM 33734X135 38,596 1,665,047 SH   DFND   1,647,848 0 17,199
FIRST TRUST HEALTHCARE ALPHAD COM 33734X143 27,817 460,167 SH   DFND   455,761 0 4,406
FIRST TRUST INDUSTRIAL PRODUC COM 33734X150 4,758 182,291 SH   DFND   180,430 0 1,861
FIRST TRUST LARGE CAP CORE A COM 33734K109 71,063 1,642,699 SH   DFND   1,628,770 0 13,929
FIRST TRUST MID CAP CORE A COM 33735B108 23,643 491,951 SH   DFND   487,026 0 4,925
FIRST TRUST SMALL CAP CORE A COM 33734Y109 23,405 529,754 SH   DFND   524,380 0 5,374
FIRST TRUST TECHNOLOGY ALPAHD COM 33734X176 36,309 1,092,333 SH   DFND   1,080,966 0 11,367
Guggenheim Enhn Short Dura ETF COM 18383M654 22,156 444,367 SH   DFND   441,125 0 3,242
ISHARES CORE S&P 500 ETF COM 464287200 64,378 314,238 SH   DFND   311,797 0 2,441
ISHARES CORE S&P TOTAL US STOC COM 464287150 54,789 590,018 SH   DFND   585,538 0 4,480
ISHARES CORE US AGGREGATE BOND COM 464287226 39,186 362,798 SH   DFND   359,683 0 3,115
ISHARES HIGH DIVIDEND ETF COM 46429B663 505 6,878 SH   DFND   6,878 0 0
ISHARES IBOXX $ HIGH YIELD COR COM 464288513 356 4,424 SH   DFND   4,424 0 0
ISHARES INTERMEDIATE CREDI COM 464288638 674 6,279 SH   DFND   6,279 0 0
ISHARES MSCI EAFE ETF COM 464287465 21,150 360,182 SH   DFND   357,512 0 2,670
ISHARES MSCI USA MIN VOLATILIT COM 46429B697 52,297 1,250,517 SH   DFND   1,240,982 0 9,535
ISHARES SHORT MATURITY BOND COM 46431W507 9,051 180,946 SH   DFND   179,582 0 1,364
ISHARES U S REAL ESTATE ET COM 464287739 22,147 294,975 SH   DFND   292,674 0 2,301
PIMCO 0-5 Year High Yield Corp COM 72201R783 665 7,260 SH   DFND   7,260 0 0
PowerShares QQQ Trust Sr 1 COM 73935A104 22,086 197,446 SH   DFND   195,928 0 1,518
PowerShares Sr. Loan Portfolio COM 73936Q769 592 26,431 SH   DFND   26,431 0 0
ProShares Short 20+ Year Treas COM 74347X849 247 9,993 SH   DFND   9,993 0 0
RYDEX GUGGENHEIM S&P 500EQUAL COM 78355W106 12,998 169,604 SH   DFND   168,327 0 1,277
SPDR Barclays Short Term Hi Yd COM 78468R408 18,913 736,220 SH   DFND   730,677 0 5,543
SPDR S&P 500 ETF Trust COM 78462F103 715 3,508 SH   DFND   3,508 0 0
SPDR S&P MidCap 400 ETF COM 78467Y107 14,891 58,618 SH   DFND   58,170 0 448
SSGA ACTIVE BLACKSTONE GSO SR COM 78467V608 16,323 353,844 SH   DFND   351,348 0 2,496
iShr Barclays 20+ yr Tr Bd ETF COM 464287432 265 2,200 SH   DFND   2,200 0 0