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 CO CSD 88579Y101 433 1,700 SH   SOLE   1,700 0 0
Accenture PLC CSD 045008479 846 5,300 SH   SOLE   5,300 0 0
ACTIVISION BLIZZARD INC CSD 00507V109 823 12,400 SH   SOLE   12,400 0 0
ADOBE SYSTEMS INC CSD 00724F101 1,022 5,900 SH   SOLE   5,900 0 0
AETNA INC CSD 00817Y108 1,257 7,400 SH   SOLE   7,400 0 0
ALPHABET INC-CL A CSD 02079K305 2,604 2,307 SH   SOLE   2,307 0 0
AMAZON.COM INC CSD 023135106 2,656 2,250 SH   SOLE   2,250 0 0
AMGEN INC CSD 031162100 830 3,800 SH   SOLE   3,800 0 0
ANADARKO PETROLEUM CORP CSD 032511107 751 9,100 SH   SOLE   9,100 0 0
Apple Inc. CSD 037833100 6,025 31,500 SH   SOLE   31,500 0 0
BANK OF AMERICA CORP CSD 060505104 4,419 140,700 SH   SOLE   140,700 0 0
BLACKROCK INC CSD 09247X101 1,434 2,809 SH   SOLE   2,809 0 0
BROADCOM LTD CSD 134136316 991 3,400 SH   SOLE   3,400 0 0
CHUBB LTD CSD 037964964 1,034 5,700 SH   SOLE   5,700 0 0
CISCO SYSTEMS INC CSD 17275R102 1,350 30,000 SH   SOLE   30,000 0 0
COMCAST CORP-CLASS A CSD 20030N101 310 6,200 SH   SOLE   6,200 0 0
CONSTELLATION BRANDS INC-A CSD 21036P108 173 800 SH   SOLE   800 0 0
COSTCO WHOLESALE CORP CSD 22160K105 1,965 8,800 SH   SOLE   8,800 0 0
DOLLAR TREE INC CSD 256746108 595 5,700 SH   SOLE   5,700 0 0
EOG RESOURCES INC CSD 26875P101 1,312 10,100 SH   SOLE   10,100 0 0
EXXON MOBIL CORP CSD 30231G102 338 3,100 SH   SOLE   3,100 0 0
FACEBOOK INC-A CSD 30303M102 1,612 8,525 SH   SOLE   8,525 0 0
FREEPORT-MCMORAN INC CSD 35671D857 80 4,500 SH   SOLE   4,500 0 0
HONEYWELL INTERNATIONAL INC CSD 438516106 765 4,600 SH   SOLE   4,600 0 0
INTEL CORP CSD 458140100 3,371 70,200 SH   SOLE   70,200 0 0
INTERCONTINENTAL EXCHANGE IN CSD 45866F104 1,347 16,900 SH   SOLE   16,900 0 0
ISHARES CORE MSCI EUROPE CSD 46434V738 50 860 SH   SOLE   860 0 0
ISHARES INTERNATIONAL TREASU CSD 464288117 100 820 SH   SOLE   820 0 0
ISHARES MSCI EMERGING MARKET CSD 464287234 5,837 111,300 SH   SOLE   111,300 0 0
ISHARES MSCI EMERGING MARKET CSD 464287465 2,026 24,429 SH   SOLE   24,429 0 0
ISHARES MSCI EUROZONE ETF CSD 464286608 2,208 44,100 SH   SOLE   44,100 0 0
ISHARES MSCI JAPAN ETF CSD 46434G822 5,157 75,214 SH   SOLE   75,214 0 0
ISHARES MSCI PACIFIC EX JAPA CSD 464286665 994 16,700 SH   SOLE   16,700 0 0
ISHARES MSCI SWEDEN CAPPED E CSD 464286756 177 4,200 SH   SOLE   4,200 0 0
ISHARES MSCI SWITZERLAND CAP CSD 464286749 639 15,000 SH   SOLE   15,000 0 0
ISHARES MSCI UNITED KINGDOM CSD 46435G334 1,211 27,950 SH   SOLE   27,950 0 0
ISHARES RUSSELL MID-CAP ETF CSD 464287499 3,281 13,164 SH   SOLE   13,164 0 0
JMP GROUP LLC CSD 46625H100 4,009 34,281 SH   SOLE   34,281 0 0
JOHNSON & JOHNSON CSD 478160104 1,691 10,200 SH   SOLE   10,200 0 0
KRAFT HEINZ CO/THE CSD 500754106 6,444 53,300 SH   SOLE   53,300 0 0
LOCKHEED MARTIN CORP CSD 539830109 677 1,900 SH   SOLE   1,900 0 0
MASCO CORP CSD 574599106 566 12,500 SH   SOLE   12,500 0 0
MEDTRONIC PLC CSD 117934322 493 4,600 SH   SOLE   4,600 0 0
MERCK & CO. INC. CSD 58933Y105 347 4,100 SH   SOLE   4,100 0 0
MICROSOFT CORP. CSD 594918104 6,936 79,100 SH   SOLE   79,100 0 0
MOLSON COORS BREWING CO -B CSD 60871R209 713 5,600 SH   SOLE   5,600 0 0
NEON COMMUNICATIONS GROUP IN CSD 62912E205 0 9,467,700 SH   SOLE   9,467,700 0 0
NEWELL BRANDS INC CSD 651229106 1,143 18,200 SH   SOLE   18,200 0 0
NEXTERA ENERGY INC CSD 65339F101 1,145 6,700 SH   SOLE   6,700 0 0
NVIDIA CORP CSD 67066G104 537 3,700 SH   SOLE   3,700 0 0
Optimal Resources PP 002531590 0 66,000 SH   SOLE   66,000 0 0
PEPSICO INC CSD 713448108 715 4,800 SH   SOLE   4,800 0 0
PFIZER INC CSD 717081103 683 15,000 SH   SOLE   15,000 0 0
Pioneer Natural Resources CSD 723787107 1,240 5,000 SH   SOLE   5,000 0 0
Porient Fuels PP 002531596 0 66,000 SH   SOLE   66,000 0 0
Powershares QQQ Trust Series CSD 73935A104 73,440 416,678 SH   SOLE   416,678 0 0
RAYTHEON COMPANY CSD 755111507 772 3,800 SH   SOLE   3,800 0 0
SHOPIFY INC - CLASS A CSD 82509L107 345 3,800 SH   SOLE   3,800 0 0
SIMON PROPERTY GROUP INC CSD 828806109 1,145 5,000 SH   SOLE   5,000 0 0
SPDR DJIA TRUST CSD 78467X109 115 420 SH   SOLE   420 0 0
SPDR S&P 500 ETF TRUST CSD 78462F103 41,784 133,128 SH   SOLE   133,128 0 0
STARBUCKS CORP CSD 855244109 264 3,400 SH   SOLE   3,400 0 0
TECHNOLOGY SELECT SECT SPDR CSD 81369Y803 211 2,970 SH   SOLE   2,970 0 0
TEXAS INSTRUMENTS INC CSD 882508104 590 5,500 SH   SOLE   5,500 0 0
TJX COMPANIES INC CSD 872540109 1,042 9,900 SH   SOLE   9,900 0 0
UNION PACIFIC CORP CSD 907818108 1,481 10,500 SH   SOLE   10,500 0 0
VANGUARD SMALL-CAP ETF CSD 922908751 2,446 13,783 SH   SOLE   13,783 0 0
VANGUARD TELECOM SERVICE ETF CSD 92204A884 117 925 SH   SOLE   925 0 0
VISA INC-CLASS A SHARES CSD 92826C839 1,713 14,480 SH   SOLE   14,480 0 0
VULCAN MATERIALS CO CSD 929160109 1,187 7,400 SH   SOLE   7,400 0 0
WALT DISNEY CO/THE CSD 254687106 906 6,005 SH   SOLE   6,005 0 0
WASTE MANAGEMENT INC CSD 94106L109 563 5,800 SH   SOLE   5,800 0 0
WELLS FARGO & CO CSD 949746101 1,081 14,595 SH   SOLE   14,595 0 0
ZOETIS INC CSD 98978V103 206 2,900 SH   SOLE   2,900 0 0