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
ABBOTT LABS COM 002824100 2,515 61,500 SH   SOLE   61,500 0 0
ABBVIE INC COM 00287Y109 5,221 92,500 SH   SOLE   92,500 0 0
ABERCROMBIE & FITCH CO CL A 002896207 2,595 60,000 SH   SOLE   60,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 2,751 61,000 SH   SOLE   61,000 0 0
ALTERA CORP COM 021441100 5,735 165,000 SH   SOLE   165,000 0 0
AMAZON COM INC COM 023135106 650 2,000 SH   SOLE   2,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 1,910 35,000 SH   SOLE   35,000 0 0
AMGEN INC COM 031162100 5,623 47,500 SH   SOLE   47,500 0 0
AMICUS THERAPEUTICS INC COM 03152W109 74 22,162 SH   SOLE   22,162 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 2,999 68,000 SH   SOLE   68,000 0 0
ARIAD PHARMACEUTICALS INC COM 04033A100 1,019 160,000 SH   SOLE   160,000 0 0
AT&T INC COM 00206R102 2,652 75,000 SH   SOLE   75,000 0 0
AUTODESK INC COM 052769106 1,051 18,639 SH   SOLE   18,639 0 0
BANK OF AMERICA CORPORATION COM 060505104 5,533 360,000 SH   SOLE   360,000 0 0
BAXTER INTL INC COM 071813109 4,700 65,000 SH   SOLE   65,000 0 0
BOSTON SCIENTIFIC CORP COM 101137107 2,490 195,000 SH   SOLE   195,000 0 0
BROADCOM CORP CL A 111320107 3,749 101,000 SH   SOLE   101,000 0 0
CISCO SYS INC COM 17275R102 5,467 220,000 SH   SOLE   220,000 0 0
CITIGROUP INC COM NEW 172967424 518 11,000 SH   SOLE   11,000 0 0
CITRIX SYS INC COM 177376100 1,257 20,100 SH   SOLE   20,100 0 0
COLGATE PALMOLIVE CO COM 194162103 682 10,000 SH   SOLE   10,000 0 0
CONSOL ENERGY INC COM 20854P109 691 15,000 SH   SOLE   15,000 0 0
COOPER TIRE & RUBR CO COM 216831107 1,500 50,000 SH   SOLE   50,000 0 0
CORNING INC COM 219350105 2,287 104,180 SH   SOLE   104,180 0 0
CST BRANDS INC COM 12646R105 1,813 52,554 SH   SOLE   52,554 0 0
DENBURY RES INC COM NEW 247916208 2,215 120,000 SH   SOLE   120,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 2,620 33,000 SH   SOLE   33,000 0 0
EBAY INC COM 278642103 1,252 25,000 SH   SOLE   25,000 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 3,262 38,000 SH   SOLE   38,000 0 0
EMERSON ELEC CO COM 291011104 830 12,500 SH   SOLE   12,500 0 0
ENTROPIC COMMUNICATIONS INC COM 29384R105 1,020 306,444 SH   SOLE   306,444 0 0
FACEBOOK INC CL A 30303M102 2,849 42,346 SH   SOLE   42,346 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 16,017 428,500 SH   SOLE   428,500 0 0
GENERAL ELECTRIC CO COM 369604103 6,176 235,000 SH   SOLE   235,000 0 0
GENERAL MTRS CO COM 37045V100 6,973 192,100 SH   SOLE   192,100 0 0
GILEAD SCIENCES INC COM 375558103 663 8,000 SH   SOLE   8,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,005 6,000 SH   SOLE   6,000 0 0
HALLIBURTON CO COM 406216101 4,190 59,000 SH   SOLE   59,000 0 0
ISHARES CORE S&P500 ETF 464287200 81,639 414,412 SH   SOLE   414,412 0 0
ISHARES MSCI EMG MKT ETF 464287234 190,678 4,410,776 SH   SOLE   4,410,776 0 0
ISHARES RUS 1000 GRW ETF 464287614 15,931 175,200 SH   SOLE   175,200 0 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 67,465 1,287,990 SH   SOLE   1,287,990 0 0
JUNIPER NETWORKS INC COM 48203R104 5,788 235,846 SH   SOLE   235,846 0 0
KRAFT FOODS GROUP INC COM 50076Q106 4,916 82,000 SH   SOLE   82,000 0 0
LENNAR CORP CL A 526057104 2,447 58,300 SH   SOLE   58,300 0 0
MARATHON OIL CORP COM 565849106 2,994 75,000 SH   SOLE   75,000 0 0
MERCK & CO INC NEW COM 58933Y105 4,426 76,500 SH   SOLE   76,500 0 0
MICROSOFT CORP COM 594918104 6,046 145,000 SH   SOLE   145,000 0 0
MONDELEZ INTL INC CL A 609207105 3,686 98,000 SH   SOLE   98,000 0 0
MONSANTO CO NEW COM 61166W101 249 2,000 SH   SOLE   2,000 0 0
MOSAIC CO NEW COM 61945C103 989 20,000 SH   SOLE   20,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 5,433 185,000 SH   SOLE   185,000 0 0
NATIONAL OILWELL VARCO INC COM 637071101 3,047 37,000 SH   SOLE   37,000 0 0
NETAPP INC COM 64110D104 3,287 90,000 SH   SOLE   90,000 0 0
NEWFIELD EXPL CO COM 651290108 5,658 128,000 SH   SOLE   128,000 0 0
NOBLE CORP PLC SHS USD G65431101 6,544 195,000 SH   SOLE   195,000 0 0
NOBLE ENERGY INC COM 655044105 4,725 61,000 SH   SOLE   61,000 0 0
NOW INC COM 67011P100 335 9,250 SH   SOLE   9,250 0 0
NVIDIA CORP COM 67066G104 4,346 234,400 SH   SOLE   234,400 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 2,258 22,000 SH   SOLE   22,000 0 0
PFIZER INC COM 717081103 594 20,000 SH   SOLE   20,000 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 14,885 560,000 SH   SOLE   560,000 0 0
PROCTER & GAMBLE CO COM 742718109 4,794 61,000 SH   SOLE   61,000 0 0
RELYPSA INC COM 759531106 2,189 89,999 SH   SOLE   89,999 0 0
RIVERBED TECHNOLOGY INC COM 768573107 3,177 154,000 SH   SOLE   154,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 11,538 189,682 SH   SOLE   189,682 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 8,562 191,876 SH   SOLE   191,876 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 4,727 70,827 SH   SOLE   70,827 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 29,592 1,301,303 SH   SOLE   1,301,303 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 16,597 307,007 SH   SOLE   307,007 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 25,526 665,610 SH   SOLE   665,610 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 31,147 703,725 SH   SOLE   703,725 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 4,649 99,000 SH   SOLE   99,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 404,713 2,067,816 SH   SOLE   2,067,816 0 0
SPLUNK INC COM 848637104 553 10,000 SH   SOLE   10,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 4,263 100,000 SH   SOLE   100,000 0 0
SUNCOR ENERGY INC NEW CALL 867224907 11 20,000 SH Call SOLE   20,000 0 0
SUNCOR ENERGY INC NEW PUT 867224957 7 15,000 SH Put SOLE   15,000 0 0
SYMANTEC CORP COM 871503108 646 28,200 SH   SOLE   28,200 0 0
TARGET CORP COM 87612E106 985 17,000 SH   SOLE   17,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 2,112 45,000 SH   SOLE   45,000 0 0
TERADATA CORP DEL COM 88076W103 3,940 98,000 SH   SOLE   98,000 0 0
TERADYNE INC COM 880770102 490 25,000 SH   SOLE   25,000 0 0
TETRAPHASE PHARMACEUTICALS I COM 88165N105 333 24,700 SH   SOLE   24,700 0 0
TEXTRON INC COM 883203101 3,059 79,900 SH   SOLE   79,900 0 0
UNITED STATES STL CORP NEW COM 912909108 2,344 90,000 SH   SOLE   90,000 0 0
VANGUARD INDEX FDS REIT ETF 922908553 30,385 406,000 SH   SOLE   406,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 28,079 651,022 SH   SOLE   651,022 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,936 60,000 SH   SOLE   60,000 0 0
VMWARE INC CL A COM 928563402 2,614 27,000 SH   SOLE   27,000 0 0
WEATHERFORD INTERNATIONAL LT REG SHS H27013103 3,795 165,000 SH   SOLE   165,000 0 0
XYLEM INC COM 98419M100 274 7,000 SH   SOLE   7,000 0 0
OXFORD IMMUNOTEC GLOBAL COM G6855A103 4,641 275,755 SH   SOLE   275,755 0 0