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 2,558 61,500 SH   SOLE   61,500 0 0
ABBVIE INC COM 00287Y109 4,476 77,500 SH   SOLE   77,500 0 0
ABERCROMBIE & FITCH CO CL A 002896207 1,345 37,000 SH   SOLE   37,000 0 0
ALLEGHENY TECHNOLOGIES INC COM 01741R102 2,263 61,000 SH   SOLE   61,000 0 0
ALTERA CORP COM 021441100 4,651 130,000 SH   SOLE   130,000 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 2,809 52,000 SH   SOLE   52,000 0 0
AMGEN INC COM 031162100 6,672 47,500 SH   SOLE   47,500 0 0
AMICUS THERAPEUTICS INC COM 03152W109 132 22,162 SH   SOLE   22,162 0 0
APPLE INC COM 037833100 5,642 56,000 SH   SOLE   56,000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 3,475 68,000 SH   SOLE   68,000 0 0
ARIAD PHARMACEUTICALS INC COM 04033A100 378 70,000 SH   SOLE   70,000 0 0
AT&T INC COM 00206R102 1,762 50,000 SH   SOLE   50,000 0 0
AUTODESK INC COM 052769106 1,027 18,639 SH   SOLE   18,639 0 0
BANK AMER CORP COM 060505104 7,843 460,000 SH   SOLE   460,000 0 0
BAXTER INTL INC COM 071813109 4,665 65,000 SH   SOLE   65,000 0 0
BOSTON SCIENTIFIC CORP COM 101137107 2,303 195,000 SH   SOLE   195,000 0 0
BROADCOM CORP CL A 111320107 4,082 101,000 SH   SOLE   101,000 0 0
CISCO SYS INC COM 17275R102 3,272 130,000 SH   SOLE   130,000 0 0
CITIGROUP INC COM NEW 172967424 2,384 46,000 SH   SOLE   46,000 0 0
CITRIX SYS INC COM 177376100 1,434 20,100 SH   SOLE   20,100 0 0
CME GROUP INC COM 12572Q105 1,999 25,000 SH   SOLE   25,000 0 0
COLGATE PALMOLIVE CO COM 194162103 652 10,000 SH   SOLE   10,000 0 0
CONSOL ENERGY INC COM 20854P109 568 15,000 SH   SOLE   15,000 0 0
COOPER TIRE & RUBR CO COM 216831107 287 10,000 SH   SOLE   10,000 0 0
CORNING INC COM 219350105 2,015 104,180 SH   SOLE   104,180 0 0
CST BRANDS INC COM 12646R105 1,889 52,554 SH   SOLE   52,554 0 0
DENBURY RES INC COM NEW 247916208 1,804 120,000 SH   SOLE   120,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 818 12,000 SH   SOLE   12,000 0 0
EBAY INC COM 278642103 1,133 20,000 SH   SOLE   20,000 0 0
EDWARDS LIFESCIENCES CORP COM 28176E108 3,167 31,000 SH   SOLE   31,000 0 0
EMERSON ELEC CO COM 291011104 782 12,500 SH   SOLE   12,500 0 0
ENTROPIC COMMUNICATIONS INC COM 29384R105 815 306,444 SH   SOLE   306,444 0 0
FACEBOOK INC CL A 30303M102 3,347 42,346 SH   SOLE   42,346 0 0
FLEXSHARES TR MORNSTAR UPSTR 33939L407 14,740 428,500 SH   SOLE   428,500 0 0
GENERAL ELECTRIC CO COM 369604103 4,074 159,000 SH   SOLE   159,000 0 0
GENERAL MTRS CO COM 37045V100 4,219 132,100 SH   SOLE   132,100 0 0
GILEAD SCIENCES INC COM 375558103 852 8,000 SH   SOLE   8,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 1,101 6,000 SH   SOLE   6,000 0 0
HARTFORD FINL SVCS GROUP INC CALL 416515904 7 10,000 SH Call SOLE   10,000 0 0
HARTFORD FINL SVCS GROUP INC COM 416515104 2,608 70,000 SH   SOLE   70,000 0 0
ISHARES TR CORE S&P500 ETF 464287200 82,161 414,412 SH   SOLE   414,412 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 174,958 4,209,776 SH   SOLE   4,209,776 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 13,305 145,200 SH   SOLE   145,200 0 0
JOHNSON CTLS INC COM 478366107 2,200 50,000 SH   SOLE   50,000 0 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 60,829 1,145,990 SH   SOLE   1,145,990 0 0
JUNIPER NETWORKS INC COM 48203R104 3,898 176,000 SH   SOLE   176,000 0 0
KRAFT FOODS GROUP INC COM 50076Q106 4,625 82,000 SH   SOLE   82,000 0 0
LENNAR CORP CL A 526057104 2,264 58,300 SH   SOLE   58,300 0 0
LILLY ELI & CO COM 532457108 778 12,000 SH   SOLE   12,000 0 0
MARATHON OIL CORP COM 565849106 940 25,000 SH   SOLE   25,000 0 0
MERCK & CO INC NEW COM 58933Y105 4,535 76,500 SH   SOLE   76,500 0 0
MICROSOFT CORP COM 594918104 6,722 145,000 SH   SOLE   145,000 0 0
MONDELEZ INTL INC CL A 609207105 959 28,000 SH   SOLE   28,000 0 0
MONSANTO CO NEW COM 61166W101 225 2,000 SH   SOLE   2,000 0 0
MOSAIC CO NEW COM 61945C103 888 20,000 SH   SOLE   20,000 0 0
NABORS INDUSTRIES LTD SHS G6359F103 432 19,000 SH   SOLE   19,000 0 0
NETAPP INC COM 64110D104 3,866 90,000 SH   SOLE   90,000 0 0
NOBLE CORP PLC SHS USD G65431101 2,944 132,500 SH   SOLE   132,500 0 0
NOBLE ENERGY INC COM 655044105 2,803 41,000 SH   SOLE   41,000 0 0
NUCOR CORP COM 670346105 271 5,000 SH   SOLE   5,000 0 0
NVIDIA CORP COM 67066G104 4,325 234,400 SH   SOLE   234,400 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 962 10,000 SH   SOLE   10,000 0 0
PETROLEO BRASILEIRO SA PETRO SPONSORED ADR 71654V408 1,419 100,000 SH   SOLE   100,000 0 0
PFIZER INC COM 717081103 591 20,000 SH   SOLE   20,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 1,968 23,000 SH   SOLE   23,000 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 14,977 645,000 SH   SOLE   645,000 0 0
PROCTER & GAMBLE CO COM 742718109 5,108 61,000 SH   SOLE   61,000 0 0
RELYPSA INC COM 759531106 1,474 69,899 SH   SOLE   69,899 0 0
RIVERBED TECHNOLOGY INC COM 768573107 2,856 154,000 SH   SOLE   154,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 9,895 154,821 SH   SOLE   154,821 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 8,656 191,876 SH   SOLE   191,876 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 4,723 70,827 SH   SOLE   70,827 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 30,615 1,321,303 SH   SOLE   1,321,303 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 16,317 307,007 SH   SOLE   307,007 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 44,242 1,108,555 SH   SOLE   1,108,555 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 4,989 118,533 SH   SOLE   118,533 0 0
SELECT SECTOR SPDR TR PUT 81369Y955 4 20,000 SH Put SOLE   20,000 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 8,621 95,131 SH   SOLE   95,131 0 0
SKYWORKS SOLUTIONS INC COM 83088M102 3,425 59,000 SH   SOLE   59,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 403,461 2,047,816 SH   SOLE   2,047,816 0 0
SPLUNK INC COM 848637104 554 10,000 SH   SOLE   10,000 0 0
SYMANTEC CORP COM 871503108 663 28,200 SH   SOLE   28,200 0 0
TARGET CORP COM 87612E106 1,692 27,000 SH   SOLE   27,000 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 2,673 45,000 SH   SOLE   45,000 0 0
TERADATA CORP DEL COM 88076W103 3,123 74,500 SH   SOLE   74,500 0 0
TEXTRON INC COM 883203101 2,876 79,900 SH   SOLE   79,900 0 0
TIME WARNER INC COM NEW 887317303 2,497 33,205 SH   SOLE   33,205 0 0
UNITED STATES STL CORP NEW COM 912909108 1,567 40,000 SH   SOLE   40,000 0 0
VANGUARD INDEX FDS REIT ETF 922908553 29,171 406,000 SH   SOLE   406,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 27,154 651,022 SH   SOLE   651,022 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,999 60,000 SH   SOLE   60,000 0 0
VMWARE INC CL A COM 928563402 3,003 32,000 SH   SOLE   32,000 0 0
WEATHERFORD INTL PLC ORD SHS G48833100 3,432 165,000 SH   SOLE   165,000 0 0
WHOLE FOODS MKT INC PUT 966837956 31 26,600 SH Put SOLE   26,600 0 0
WHOLE FOODS MKT INC CALL 966837906 29 30,000 SH Call SOLE   30,000 0 0
WHOLE FOODS MKT INC COM 966837106 1,906 50,000 SH   SOLE   50,000 0 0
YAHOO INC COM 984332106 693 17,000 SH   SOLE   17,000 0 0