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
3M COMPANY COM 88579Y101 927 4,712 SH   DFND 1 4,712 0 0
ABBVIE INC COM 00287Y109 253 2,727 SH   DFND 1 2,727 0 0
ACCENTURE PLC IRELAND CLASS SH SHS CLASS A G1151C101 1,964 12,008 SH   DFND 1 12,008 0 0
ACTIVISION BLIZZARD INC COM 00507V109 1,915 25,098 SH   DFND 1 25,098 0 0
ADOBE SYSTEMS INC DELAWA COM 00724F101 1,976 8,104 SH   DFND 1 8,104 0 0
AETNA INC NEW COM 00817Y108 435 2,373 SH   DFND 1 2,373 0 0
AKAMAI TECHNOLOGIES COM COM 00971T101 428 5,838 SH   DFND 1 5,838 0 0
ALTRIA GROUP INC COM COM 02209S103 329 5,789 SH   DFND 1 5,789 0 0
AMAZON COM INC COM COM 023135106 760 447 SH   DFND 1 447 0 0
AMERICAN EXPRESS COMPANY COM 025816109 210 2,140 SH   DFND 1 2,140 0 0
ANSYS INC COM 03662Q105 420 2,413 SH   DFND 1 2,413 0 0
ANTHEM INC COM 036752103 543 2,283 SH   DFND 1 2,283 0 0
APPLE INC COM COM 037833100 2,510 13,559 SH   DFND 1 13,559 0 0
AT&T INC COM COM 00206R102 737 22,964 SH   DFND 1 22,964 0 0
AUTODESK INC COM 052769106 917 6,997 SH   DFND 1 6,997 0 0
AUTOMATIC DATA PROCES COM 053015103 1,878 14,002 SH   DFND 1 14,002 0 0
BANK OF AMERICA CORPORATION CO COM 060505104 439 15,584 SH   DFND 1 15,584 0 0
BARCLAYS BK PLC S&P 500 VEQTOR S&P 500 VEQTOR 06740C337 319 1,970 SH   DFND 1 1,970 0 0
BAXTER INTERNATIONAL INC COM 071813109 297 4,022 SH   DFND 1 4,022 0 0
BECTON DICKINSON & COMPAN COM 075887109 453 1,890 SH   DFND 1 1,890 0 0
BERKSHIRE HATHAWAY INC SERIES CL B NEW 084670702 571 3,057 SH   DFND 1 3,057 0 0
BLACKSTONE MORTGAGE TRUST INC COM CL A 09257W100 1,496 47,605 SH   DFND 1 47,605 0 0
BOEING CO COM COM 097023105 1,526 4,549 SH   DFND 1 4,549 0 0
BOSTON SCIENTIFIC CORP COM 101137107 289 8,840 SH   DFND 1 8,840 0 0
CADENCE DESIGN SYSTEM COM 127387108 415 9,571 SH   DFND 1 9,571 0 0
CATERPILLAR INC COM 149123101 650 4,789 SH   DFND 1 4,789 0 0
CHECK POINT SOFTWARE TECHNO COM M22465104 560 5,735 SH   DFND 1 5,735 0 0
CHEVRON CORP NEW COM COM 166764100 691 5,469 SH   DFND 1 5,469 0 0
CIGNA CORPORATION COM COM 125509109 306 1,802 SH   DFND 1 1,802 0 0
CISCO SYS INC COM COM 17275R102 728 16,910 SH   DFND 1 16,910 0 0
CITIGROUP INC COM NEW COM NEW 172967424 264 3,939 SH   DFND 1 3,939 0 0
CITRIX SYSTEMS INC COM 177376100 419 3,998 SH   DFND 1 3,998 0 0
COCA-COLA COMPANY COM 191216100 599 13,647 SH   DFND 1 13,647 0 0
COGNIZANT TECHNOLOGY SOLUTI CL A 192446102 1,804 22,844 SH   DFND 1 22,844 0 0
COMCAST CORP NEW CL A CL A 20030N101 278 8,480 SH   DFND 1 8,480 0 0
COSTAR GROUP INC COM COM 22160N109 510 1,237 SH   DFND 1 1,237 0 0
DANAHER CORP COM 235851102 535 5,426 SH   DFND 1 5,426 0 0
DB-X TRACKERS MSCI ETF EAFE HE MSCI ETF EAFE 233051200 565 17,978 SH   SOLE 17,978 0 0
DHT HOLDINGS INC SHS NEW Y2065G121 1,872 399,098 SH   DFND 1 399,098 0 0
DISNEY WALT CO COM DISNEY COM DISNEY 254687106 441 4,211 SH   DFND 1 4,211 0 0
DowDuPont Inc COM 26078J100 665 10,088 SH   DFND 1 10,088 0 0
DXC TECHNOLOGY COMPANY COM 23355l106 984 12,211 SH   DFND 1 12,211 0 0
EBAY INC COM COM 278642103 1,308 36,070 SH   DFND 1 36,070 0 0
EDWARDS LIFESCIENCE CORP COM 28176E108 219 1,502 SH   DFND 1 1,502 0 0
ELECTRONIC ARTS INC COM 285512109 1,338 9,489 SH   DFND 1 9,489 0 0
ENERGY SELECT ETF SECTOR SPD ETF SECTOR SPD 81369Y506 611 8,044 SH   DFND 1 8,044 0 0
EXXON MOBIL CORP COM 30231G102 868 10,495 SH   DFND 1 10,495 0 0
FACEBOOK INC CL A CL A 30303M102 2,374 12,215 SH   DFND 1 12,215 0 0
FEDEX CORP COM COM 31428X106 387 1,706 SH   DFND 1 1,706 0 0
FIRST TR ENHANCED ETF SHORT ENHANCED SHORT 33739Q408 853 14,211 SH   DFND 14,211 0 0
FIRST TRUST ENERGY ETF ALPHA ENERGY ALPHADX 33734X127 280 16,535 SH   DFND 16,535 0 0
GENERAL ELECTRIC CO COM COM 369604103 805 59,125 SH   DFND 1 59,125 0 0
GENERAL GROWTH PPTYS INCNEW COM 36174X101 1,180 57,747 SH   DFND 1 57,747 0 0
GOLDMAN SACHS GROUP INC COM COM 38141G104 310 1,407 SH   DFND 1 1,407 0 0
GOOGLE INC A CAP STK CL A 02079k305 2,283 2,022 SH   DFND 1 2,022 0 0
HCA HOLDINGS INC COM 40412C101 233 2,270 SH   DFND 1 2,270 0 0
HOME DEPOT INC COM 437076102 642 3,291 SH   DFND 1 3,291 0 0
HONEYWELL INTL INC COM 438516106 711 4,936 SH   DFND 1 4,936 0 0
HOSPITALITY PPTYS TR COM SH BE COM SH BEN INT 44106M102 1,597 55,814 SH   DFND 1 55,814 0 0
HUMANA INC COM 444859102 262 880 SH   DFND 1 880 0 0
IAC INTERACTIVECORP COM PAR $. COM 44919P508 397 2,605 SH   DFND 1 2,605 0 0
ILLUMINA INC COM 452327109 235 843 SH   DFND 1 843 0 0
InfraCap MLP ETF INFRAC ACT MLP 26923G103 3,194 436,958 SH   DFND 1 436,958 0 0
INTEL CORP COM COM 458140100 807 16,237 SH   DFND 1 16,237 0 0
INTERNATIONAL BUSINESS MACHIN COM 459200101 2,178 15,593 SH   DFND 1 15,593 0 0
INTUIT COM COM 461202103 1,696 8,301 SH   DFND 1 8,301 0 0
INTUITIVE SURGICAL INC NEW COM 46120E602 330 689 SH   DFND 1 689 0 0
ISHARES MBS ET MBS ETF 464288588 866 8,316 SH   SOLE 8,316 0 0
ISHARES ETF SHORT TREA ETF SHORT TREA 464288679 2,629 23,809 SH   DFND 1 23,809 0 0
ISHARES ETF SHORT TREA ETF SHORT TREA 464288679 201 1,822 SH   DFND 1,822 0 0
ISHARES DOW JONES U S BASIC US BASIC 464287838 2,607 26,335 SH   DFND 1 26,335 0 0
iShares MSCI Canada ETF Canada ETF 464286509 480 16,819 SH   DFND 1 16,819 0 0
ISHARES MSCI PACIFIC ETF EX-JA PACIFIC ETF EX-JA 464286665 465 10,108 SH   DFND 1 10,108 0 0
ISHARES MSCI SWITZERLND CAPPED MSCI SZ CAP ETF 464286749 472 14,483 SH   DFND 1 14,483 0 0
ISHARES TR 1 3 YR TREAS BD 1 3 YR TREAS BD ETF 464287457 231 2,770 SH   DFND 1 2,770 0 0
ISHARES TR 3 7 YR TREAS BD 3-7 YR TR BD ETF 464288661 1,919 15,995 SH   DFND 1 15,995 0 0
ISHARES TR 7-10YR TR BD ETF 7-10YR TR BD ETF 464287440 36,998 360,920 SH   DFND 1 360,920 0 0
ISHARES TR CORE S&P TTL STK CORE S&P TTL STK 464287150 1,508 24,127 SH   SOLE 24,127 0 0
ISHARES TR CORE S&P500 ETF CORE S&P500 ETF 464287200 18,023 66,004 SH   DFND 1 66,004 0 0
ISHARES TR CORE US AGGBD ET CORE US AGGBD ET 464287226 1,793 16,866 SH   SOLE 16,866 0 0
ISHARES TR MSCI EAFE ETF MSCI EAFE ETF 464287465 540 8,062 SH   SOLE 8,062 0 0
ISHARES TR RUSSELL 2000 ETF RUSSELL 2000 ETF 464287655 17,737 108,305 SH   DFND 1 108,305 0 0
JOHNSON & JOHNSON COM 478160104 716 5,904 SH   DFND 1 5,904 0 0
JPMORGAN CHASE & CO COM COM 46625H100 635 6,094 SH   DFND 1 6,094 0 0
KIMCO RLTY CORP COM COM 49446R109 1,469 86,476 SH   DFND 1 86,476 0 0
LAS VEGAS SANDS CORP COM COM 517834107 302 3,954 SH   DFND 1 3,954 0 0
LEXINGTON REALTY TRUST COM 529043101 1,721 197,081 SH   DFND 1 197,081 0 0
LOCKHEED MARTIN CORP COM 539830109 483 1,635 SH   DFND 1 1,635 0 0
MASTERCARD INC CLASS A CL A 57636Q104 5,443 27,695 SH   DFND 1 27,695 0 0
MCDONALDS CORP COM 580135101 366 2,339 SH   DFND 1 2,339 0 0
MEDTRONIC INC COM SHS g5960l103 1,062 12,406 SH   DFND 1 12,406 0 0
MERCADOLIBRE INC COM COM 58733R102 390 1,306 SH   DFND 1 1,306 0 0
MERCK & COMPANY INC NEW COM 58933Y105 361 5,946 SH   DFND 1 5,946 0 0
MICROSOFT CORP COM COM 594918104 2,573 26,096 SH   DFND 1 26,096 0 0
NETFLIX.COM INC COM 64110L106 2,216 5,661 SH   DFND 1 5,661 0 0
NEW RESIDENTIAL INVESTMENT COR COM NEW 64828T201 4,436 253,638 SH   DFND 1 253,638 0 0
New Senior Investment Group In COM 648691103 1,517 200,340 SH   DFND 1 200,340 0 0
NIKE INC CL B COM 654106103 265 3,326 SH   DFND 1 3,326 0 0
NORTHSTAR REALTY EUR COM 66706l101 1,465 101,071 SH   DFND 1 101,071 0 0
NVIDIA CORP COM COM 67066G104 435 1,837 SH   DFND 1 1,837 0 0
OMEGA HEALTHCARE INVEST COM 681936100 1,094 35,296 SH   DFND 1 35,296 0 0
ORACLE CORP COM 68389X105 1,993 45,226 SH   DFND 1 45,226 0 0
PALO ALTO NETWORKS COM 697435105 716 3,487 SH   DFND 1 3,487 0 0
Paypal Holdings Inc COM 70450Y103 1,931 23,191 SH   DFND 1 23,191 0 0
PEPSICO INC COM 713448108 465 4,273 SH   DFND 1 4,273 0 0
PFIZER INC COM 717081103 444 12,238 SH   DFND 1 12,238 0 0
PHILIP MORRIS INTL INC COM COM 718172109 387 4,797 SH   DFND 1 4,797 0 0
PIMCO ETF TR ACTIVE BD ETF ACTIVE BD ETF 72201R775 392 3,800 SH   DFND 1 3,800 0 0
PROCTER & GAMBLE COMPANY COM 742718109 663 8,490 SH   DFND 1 8,490 0 0
PROSHARES TR PSHS ULT S&P 500 PSHS ULT S&P 500 74347R107 4,955 44,519 SH   DFND 1 44,519 0 0
PROSHARES TR PSHS ULTRUSS2000 PSHS ULTRUSS2000 74347R842 3,475 43,682 SH   DFND 1 43,682 0 0
PROSHARES TR ULTR 7-10 TREA ULTR 7-10 TREA 74347R180 8,453 156,488 SH   DFND 1 156,488 0 0
QUALCOMM INC COM 747525103 282 5,017 SH   DFND 1 5,017 0 0
RED HAT INC COM 756577102 620 4,612 SH   DFND 1 4,612 0 0
RITE AID CORP COM COM 767754104 17 10,000 SH   DFND 1 10,000 0 0
SALESFORCE COM INC COM COM 79466L302 2,016 14,778 SH   DFND 1 14,778 0 0
SCHLUMBERGER LTD COM 806857108 224 3,339 SH   DFND 1 3,339 0 0
SERVICENOW INC COM 81762P102 917 5,315 SH   DFND 1 5,315 0 0
SIMON PPTY GROUP INC NEW COM COM 828806109 1,131 6,648 SH   DFND 1 6,648 0 0
SNAP INC CL A COM 83304A106 385 29,418 SH   DFND 1 29,418 0 0
SPDR DOW JONES INDL AVRG ETF U UT SER 1 78467X109 432 1,780 SH   DFND 1 1,780 0 0
SPDR S&P 500 ETF TR TR UNIT TR UNIT 78462F103 717 2,642 SH   DFND 1 2,642 0 0
SPIRIT REALTY CAP INC NEW COM 84860W102 1,296 161,433 SH   DFND 1 161,433 0 0
SPLUNK INC COM COM 848637104 470 4,746 SH   DFND 1 4,746 0 0
Square Inc COM 852234103 536 8,691 SH   DFND 1 8,691 0 0
STARWOOD PPTY TR INC COM COM 85571B105 2,487 114,554 SH   DFND 1 114,554 0 0
STRYKER CORP COM COM 863667101 371 2,200 SH   DFND 1 2,200 0 0
SYMANTEC CORP COM COM 871503108 340 16,444 SH   DFND 1 16,444 0 0
SYNOPSYS CORP COM 871607107 430 5,024 SH   DFND 1 5,024 0 0
TAUBMAN CENTERS INC COM 876664103 1,279 21,764 SH   DFND 1 21,764 0 0
TEEKAY CORPORATION COM COM Y8564W103 2,302 297,036 SH   DFND 1 297,036 0 0
TEXAS INSTRS INC COM COM 882508104 358 3,245 SH   DFND 1 3,245 0 0
THERMO FISHER SCIENT COM 883556102 789 3,807 SH   DFND 1 3,807 0 0
TOTAL SYS SVCS INC COM COM 891906109 565 6,683 SH   DFND 1 6,683 0 0
TWITTER INC COM COM 90184L102 1,205 27,589 SH   DFND 1 27,589 0 0
UNION PACIFIC CORP COM 907818108 709 5,003 SH   DFND 1 5,003 0 0
UNITED PARCEL SERVICE INC CL CL B 911312106 491 4,621 SH   DFND 1 4,621 0 0
UNITED TECHNOLOGIES CORP COM 913017109 767 6,132 SH   DFND 1 6,132 0 0
UNITEDHEALTH GROUP INC COM 91324P102 2,334 9,514 SH   DFND 1 9,514 0 0
VEREIT, Inc COM 92339V100 1,275 171,375 SH   DFND 1 171,375 0 0
VERISK ANALYTICS INC CLASS COM 92345Y106 654 6,079 SH   DFND 1 6,079 0 0
VERIZON COMMUNICATIONS INC COM COM 92343V104 739 14,685 SH   DFND 1 14,685 0 0
VISA INC COM CL A COM CL A 92826C839 2,489 18,793 SH   DFND 1 18,793 0 0
WAL-MART STORES INC COM COM 931142103 474 5,538 SH   DFND 1 5,538 0 0
WELLS FARGO & CO COM COM 949746101 409 7,383 SH   DFND 1 7,383 0 0
WORKDAY INC CLASS A COM 98138H101 480 3,963 SH   DFND 1 3,963 0 0