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 COM 88579Y101 792 5,529 SH   SOLE   5,529 0 0
ABBOTT LABS COM 002824100 321 7,850 SH   SOLE   7,850 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1,228 15,185 SH   SOLE   15,185 0 0
ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 00756M404 585 90,000 SH   SOLE   90,000 0 0
ALASKA AIR GROUP INC COM 011659109 2,685 28,253 SH   SOLE   28,253 0 0
ALCOBRA LTD SHS M2239P109 606 35,000 SH   SOLE   35,000 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 245 3,160 SH   SOLE   3,160 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 255 4,491 SH   SOLE   4,491 0 0
ALLERGAN INC COM 018490102 254 1,500 SH   SOLE   1,500 0 0
ALLSTATE CORP COM 020002101 2,388 40,662 SH   SOLE   40,662 0 0
AMAZON COM INC COM 023135106 268 825 SH   SOLE   825 0 0
AMBIT BIOSCIENCES CORP COM 02318X100 643 93,000 SH   SOLE   93,000 0 0
AMERICAN ASSETS TR INC COM 024013104 1,071 31,000 SH   SOLE   31,000 0 0
AMERICAN EXPRESS CO COM 025816109 2,453 25,859 SH   SOLE   25,859 0 0
AMGEN INC COM 031162100 370 3,123 SH   SOLE   3,123 0 0
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 224 13,000 SH   SOLE   13,000 0 0
APPLE INC COM 037833100 7,824 84,196 SH   SOLE   84,196 0 0
ARRAY BIOPHARMA INC COM 04269X105 479 105,000 SH   SOLE   105,000 0 0
AT&T INC COM 00206R102 526 14,889 SH   SOLE   14,889 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 601 7,584 SH   SOLE   7,584 0 0
AUTOZONE INC COM 053332102 2,076 3,872 SH   SOLE   3,872 0 0
AVALONBAY CMNTYS INC COM 053484101 333 2,345 SH   SOLE   2,345 0 0
BANCO MACRO SA SPON ADR B 05961W105 360 10,000 SH   SOLE   10,000 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 347 6,000 SH   SOLE   6,000 0 0
BANK OF AMERICA CORPORATION COM 060505104 158 10,257 SH   SOLE   10,257 0 0
BENCHMARK ELECTRS INC COM 08160H101 275 10,800 SH   SOLE   10,800 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 397 3,138 SH   SOLE   3,138 0 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 4,804 398,000 SH   SOLE   398,000 0 0
BIOTA PHARMACEUTIALS INC COM 090694100 328 115,000 SH   SOLE   115,000 0 0
BOSTON PROPERTIES INC COM 101121101 1,072 9,075 SH   SOLE   9,075 0 0
BP PLC SPONSORED ADR 055622104 206 3,907 SH   SOLE   3,907 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 328 21,000 SH   SOLE   21,000 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,307 27,151 SH   SOLE   27,151 0 0
BT GROUP PLC ADR 05577E101 3,802 57,927 SH   SOLE   57,927 0 0
CAMDEN PPTY TR SH BEN INT 133131102 1,146 16,100 SH   SOLE   16,100 0 0
CAPITAL ONE FINL CORP COM 14040H105 340 4,120 SH   SOLE   4,120 0 0
CARDINAL HEALTH INC COM 14149Y108 406 5,920 SH   SOLE   5,920 0 0
CBL & ASSOC PPTYS INC COM 124830100 914 48,100 SH   SOLE   48,100 0 0
CHEVRON CORP NEW COM 166764100 3,992 30,575 SH   SOLE   30,575 0 0
CISCO SYS INC COM 17275R102 2,255 90,744 SH   SOLE   90,744 0 0
COLGATE PALMOLIVE CO COM 194162103 217 3,182 SH   SOLE   3,182 0 0
COMPANHIA ENERGETICA DE MINA SP ADR N-V PFD 204409601 418 52,306 SH   SOLE   52,306 0 0
CONOCOPHILLIPS COM 20825C104 1,203 14,034 SH   SOLE   14,034 0 0
CONSOL ENERGY INC COM 20854P109 267 5,800 SH   SOLE   5,800 0 0
CORESITE RLTY CORP COM 21870Q105 628 19,000 SH   SOLE   19,000 0 0
COSTCO WHSL CORP NEW COM 22160K105 277 2,402 SH   SOLE   2,402 0 0
CUBESMART COM 229663109 440 24,000 SH   SOLE   24,000 0 0
DELUXE CORP COM 248019101 2,714 46,337 SH   SOLE   46,337 0 0
DIGITAL RLTY TR INC COM 253868103 227 3,900 SH   SOLE   3,900 0 0
DISCOVER FINL SVCS COM 254709108 1,929 31,116 SH   SOLE   31,116 0 0
DISH NETWORK CORP CL A 25470M109 2,042 31,370 SH   SOLE   31,370 0 0
DONNELLEY R R & SONS CO COM 257867101 1,645 96,973 SH   SOLE   96,973 0 0
DOUGLAS EMMETT INC COM 25960P109 1,129 40,000 SH   SOLE   40,000 0 0
DOW CHEM CO COM 260543103 643 12,500 SH   SOLE   12,500 0 0
DR REDDYS LABS LTD ADR 256135203 432 10,000 SH   SOLE   10,000 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 206 3,143 SH   SOLE   3,143 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 573 7,725 SH   SOLE   7,725 0 0
EASTGROUP PPTY INC COM 277276101 225 3,500 SH   SOLE   3,500 0 0
EATON VANCE TX MNG BY WRT OP COM 27828Y108 177 12,000 SH   SOLE   12,000 0 0
ECOPETROL S A SPONSORED ADS 279158109 324 9,000 SH   SOLE   9,000 0 0
EDUCATION RLTY TR INC COM 28140H104 430 40,000 SH   SOLE   40,000 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 3,941 91,500 SH   SOLE   91,500 0 0
ENDOCYTE INC COM 29269A102 731 111,000 SH   SOLE   111,000 0 0
ENTEROMEDICS INC COM NEW 29365M208 496 317,700 SH   SOLE   317,700 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 504 8,000 SH   SOLE   8,000 0 0
EXXON MOBIL CORP COM 30231G102 3,700 36,754 SH   SOLE   36,754 0 0
FACEBOOK INC CL A 30303M102 205 3,050 SH   SOLE   3,050 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 759 6,275 SH   SOLE   6,275 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 3,525 235,000 SH   SOLE   235,000 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 2,118 191,366 SH   SOLE   191,366 0 0
FUTUREFUEL CORPORATION COM 36116M106 241 14,500 SH   SOLE   14,500 0 0
GAP INC DEL COM 364760108 370 8,910 SH   SOLE   8,910 0 0
GENERAL DYNAMICS CORP COM 369550108 921 7,946 SH   SOLE   7,946 0 0
GENERAL ELECTRIC CO COM 369604103 641 24,379 SH   SOLE   24,379 0 0
GLATFELTER COM 377316104 215 8,100 SH   SOLE   8,100 0 0
GLOBAL CASH ACCESS HLDGS INC COM 378967103 174 19,500 SH   SOLE   19,500 0 0
GLOBAL X FDS BOLSA FTSE COL20 37950E200 302 15,000 SH   SOLE   15,000 0 0
GLOBAL X FDS GBX X FTSEAR NEW 37950E259 388 17,500 SH   SOLE   17,500 0 0
GOOGLE INC CL A 38259P508 826 1,412 SH   SOLE   1,412 0 0
GOOGLE INC CL C 38259P706 749 1,302 SH   SOLE   1,302 0 0
GREEN PLAINS INC COM 393222104 450 13,700 SH   SOLE   13,700 0 0
HARMONY GOLD MNG LTD SPONSORED ADR 413216300 68 22,800 SH   SOLE   22,800 0 0
HARRIS CORP DEL COM 413875105 2,061 27,204 SH   SOLE   27,204 0 0
HCP INC COM 40414L109 422 10,200 SH   SOLE   10,200 0 0
HEALTH CARE REIT INC COM 42217K106 439 7,000 SH   SOLE   7,000 0 0
HEWLETT PACKARD CO COM 428236103 490 14,551 SH   SOLE   14,551 0 0
HUMANA INC COM 444859102 1,171 9,166 SH   SOLE   9,166 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 2,611 27,606 SH   SOLE   27,606 0 0
ICICI BK LTD ADR 45104G104 1,098 22,000 SH   SOLE   22,000 0 0
IGNYTA INC COM 451731103 280 30,836 SH   SOLE   30,836 0 0
INFOSYS LTD SPONSORED ADR 456788108 860 16,000 SH   SOLE   16,000 0 0
INGERSOLL-RAND PLC SHS G47791101 848 13,565 SH   SOLE   13,565 0 0
INTEL CORP COM 458140100 1,798 58,186 SH   SOLE   58,186 0 0
INTERMUNE INC COM 45884X103 3,647 82,600 SH   SOLE   82,600 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 3,229 17,814 SH   SOLE   17,814 0 0
ISHARES MSCI AUST ETF 464286103 368 14,100 SH   SOLE   14,100 0 0
ISHARES MSCI CDA ETF 464286509 390 12,100 SH   SOLE   12,100 0 0
ISHARES MSCI TAIWAN ETF 464286731 790 50,000 SH   SOLE   50,000 0 0
ISHARES MSCI SWEDEN ETF 464286756 282 8,000 SH   SOLE   8,000 0 0
ISHARES MSCI STH AFR ETF 464286780 825 12,000 SH   SOLE   12,000 0 0
ISHARES SELECT DIVID ETF 464287168 777 10,092 SH   SOLE   10,092 0 0
ISHARES CORE S&P500 ETF 464287200 549 2,785 SH   SOLE   2,785 0 0
ISHARES CORE TOTUSBD ETF 464287226 28,538 261,340 SH   SOLE   261,340 0 0
ISHARES MSCI EMG MKT ETF 464287234 61,109 1,413,588 SH   SOLE   1,413,588 0 0
ISHARES IBOXX INV CP ETF 464287242 576 4,829 SH   SOLE   4,829 0 0
ISHARES MSCI EAFE ETF 464287465 4,068 59,502 SH   SOLE   59,502 0 0
ISHARES N AMER TECH ETF 464287549 297 3,115 SH   SOLE   3,115 0 0
ISHARES COHEN&STEER REIT 464287564 1,333 15,267 SH   SOLE   15,267 0 0
ISHARES RUS 2000 VAL ETF 464287630 2,915 28,230 SH   SOLE   28,230 0 0
ISHARES U.S. REAL ES ETF 464287739 1,257 17,509 SH   SOLE   17,509 0 0
ISHARES SP SMCP600VL ETF 464287879 7,668 66,431 SH   SOLE   66,431 0 0
ISHARES MSCI ACWI US ETF 464288240 270 5,630 SH   SOLE   5,630 0 0
ISHARES CALI AMT-FRE ETF 464288356 5,159 44,626 SH   SOLE   44,626 0 0
ISHARES GLB INFRASTR ETF 464288372 2,366 53,380 SH   SOLE   53,380 0 0
ISHARES IBOXX HI YD ETF 464288513 216 2,275 SH   SOLE   2,275 0 0
ISHARES 1-3 YR CR BD ETF 464288646 5,942 56,265 SH   SOLE   56,265 0 0
ISHARES INDIA 50 ETF 464289529 351 12,100 SH   SOLE   12,100 0 0
ISHARES TR IRELAND CAPD ETF 46429B507 344 9,600 SH   SOLE   9,600 0 0
ISHARES TR HIGH DIVIDND ETF 46429B663 550 7,293 SH   SOLE   7,293 0 0
ISHARES TR MSCI RUSSIA CAP 46429B705 360 17,800 SH   SOLE   17,800 0 0
JOHNSON & JOHNSON COM 478160104 4,356 41,638 SH   SOLE   41,638 0 0
JPMORGAN CHASE & CO COM 46625H100 247 4,324 SH   SOLE   4,324 0 0
KENNAMETAL INC COM 489170100 204 4,400 SH   SOLE   4,400 0 0
KIMBERLY CLARK CORP COM 494368103 831 7,473 SH   SOLE   7,473 0 0
KIMCO RLTY CORP COM 49446R109 319 14,000 SH   SOLE   14,000 0 0
KITE RLTY GROUP TR COM 49803T102 215 35,000 SH   SOLE   35,000 0 0
LEAR CORP COM NEW 521865204 2,054 23,000 SH   SOLE   23,000 0 0
LIBERTY PPTY TR SH BEN INT 531172104 235 6,200 SH   SOLE   6,200 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 2,436 24,944 SH   SOLE   24,944 0 0
MACK CALI RLTY CORP COM 554489104 533 25,000 SH   SOLE   25,000 0 0
MACYS INC COM 55616P104 580 9,995 SH   SOLE   9,995 0 0
MARKET VECTORS ETF TR EGYPT INDX ETF 57061R569 364 5,400 SH   SOLE   5,400 0 0
MATTEL INC COM 577081102 283 7,253 SH   SOLE   7,253 0 0
MCDONALDS CORP COM 580135101 461 4,574 SH   SOLE   4,574 0 0
MERCK & CO INC NEW COM 58933Y105 311 5,368 SH   SOLE   5,368 0 0
MICROSOFT CORP COM 594918104 3,458 82,934 SH   SOLE   82,934 0 0
MIRATI THERAPEUTICS INC COM 60468T105 680 34,000 SH   SOLE   34,000 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 395 20,000 SH   SOLE   20,000 0 0
NET 1 UEPS TECHNOLOGIES INC COM NEW 64107N206 134 11,800 SH   SOLE   11,800 0 0
NICE SYS LTD SPONSORED ADR 653656108 1,428 35,000 SH   SOLE   35,000 0 0
NORDSTROM INC COM 655664100 217 3,196 SH   SOLE   3,196 0 0
NORFOLK SOUTHERN CORP COM 655844108 860 8,347 SH   SOLE   8,347 0 0
NORTHROP GRUMMAN CORP COM 666807102 1,985 16,594 SH   SOLE   16,594 0 0
NTELOS HLDGS CORP COM NEW 67020Q305 163 13,100 SH   SOLE   13,100 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 206 2,780 SH   SOLE   2,780 0 0
ONE LIBERTY PPTYS INC COM 682406103 224 10,500 SH   SOLE   10,500 0 0
ORACLE CORP COM 68389X105 544 13,422 SH   SOLE   13,422 0 0
PACKAGING CORP AMER COM 695156109 2,121 29,670 SH   SOLE   29,670 0 0
PARTNER COMMUNICATIONS CO LT ADR 70211M109 100 12,810 SH   SOLE   12,810 0 0
PEPSICO INC COM 713448108 349 3,903 SH   SOLE   3,903 0 0
PFIZER INC COM 717081103 506 17,062 SH   SOLE   17,062 0 0
PLEXUS CORP COM 729132100 216 5,000 SH   SOLE   5,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 804 9,028 SH   SOLE   9,028 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 298 12,000 SH   SOLE   12,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 66,889 712,264 SH   SOLE   712,264 0 0
PPG INDS INC COM 693506107 1,825 8,682 SH   SOLE   8,682 0 0
PROCTER & GAMBLE CO COM 742718109 754 9,590 SH   SOLE   9,590 0 0
PROLOGIS INC COM 74340W103 851 20,700 SH   SOLE   20,700 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 334 4,000 SH   SOLE   4,000 0 0
QUALCOMM INC COM 747525103 246 3,108 SH   SOLE   3,108 0 0
REPUBLIC AWYS HLDGS INC COM 760276105 111 10,200 SH   SOLE   10,200 0 0
RETAIL PPTYS AMER INC CL A 76131V202 231 15,000 SH   SOLE   15,000 0 0
REYNOLDS AMERICAN INC COM 761713106 1,065 17,653 SH   SOLE   17,653 0 0
SANMINA CORPORATION COM 801056102 380 16,700 SH   SOLE   16,700 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 2,054 43,855 SH   SOLE   43,855 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 319 9,675 SH   SOLE   9,675 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 3,144 55,338 SH   SOLE   55,338 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 347 7,783 SH   SOLE   7,783 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 259 3,876 SH   SOLE   3,876 0 0
SELECT SECTOR SPDR TR SBI INT-ENERGY 81369Y506 65,126 650,611 SH   SOLE   650,611 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 7,846 345,042 SH   SOLE   345,042 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 235 6,140 SH   SOLE   6,140 0 0
SESA STERLITE LTD SPONSORED ADR 78413F103 310 16,000 SH   SOLE   16,000 0 0
SILICONWARE PRECISION INDS L SPONSD ADR SPL 827084864 616 75,000 SH   SOLE   75,000 0 0
SIMON PPTY GROUP INC NEW COM 828806109 339 2,036 SH   SOLE   2,036 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 1,057 8,253 SH   SOLE   8,253 0 0
SPDR INDEX SHS FDS S&P INTL ETF 78463X772 605 11,790 SH   SOLE   11,790 0 0
SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 400 10,775 SH   SOLE   10,775 0 0
SPDR INDEX SHS FDS S&P GBLINF ETF 78463X855 338 6,640 SH   SOLE   6,640 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 265 5,990 SH   SOLE   5,990 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 80,073 409,122 SH   SOLE   409,122 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 331 1,269 SH   SOLE   1,269 0 0
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 23,951 984,431 SH   SOLE   984,431 0 0
SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 5,792 245,126 SH   SOLE   245,126 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 1,423 46,262 SH   SOLE   46,262 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 224 2,930 SH   SOLE   2,930 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 294 8,800 SH   SOLE   8,800 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 318 28,000 SH   SOLE   28,000 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 2,977 270,375 SH   SOLE   270,375 0 0
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 513 10,290 SH   SOLE   10,290 0 0
STONERIDGE INC COM 86183P102 161 15,000 SH   SOLE   15,000 0 0
SUPERVALU INC COM 868536103 279 33,900 SH   SOLE   33,900 0 0
SWIFT TRANSN CO CL A 87074U101 971 38,474 SH   SOLE   38,474 0 0
SYNERGY PHARMACEUTICALS DEL COM NEW 871639308 470 115,500 SH   SOLE   115,500 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 699 20,000 SH   SOLE   20,000 0 0
TATA MTRS LTD SPONSORED ADR 876568502 781 20,000 SH   SOLE   20,000 0 0
TECH DATA CORP COM 878237106 2,314 37,017 SH   SOLE   37,017 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 283 12,000 SH   SOLE   12,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 3,680 70,200 SH   SOLE   70,200 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,162 12,352 SH   SOLE   12,352 0 0
TYSON FOODS INC CL A 902494103 1,814 48,319 SH   SOLE   48,319 0 0
UDR INC COM 902653104 220 7,700 SH   SOLE   7,700 0 0
UNISYS CORP COM NEW 909214306 255 10,312 SH   SOLE   10,312 0 0
UNITED PARCEL SERVICE INC CL B 911312106 327 3,190 SH   SOLE   3,190 0 0
UNITED TECHNOLOGIES CORP COM 913017109 948 8,214 SH   SOLE   8,214 0 0
UNITEDHEALTH GROUP INC COM 91324P102 934 11,423 SH   SOLE   11,423 0 0
VALE S A ADR 91912E105 463 35,000 SH   SOLE   35,000 0 0
VALERO ENERGY CORP NEW COM 91913Y100 2,099 41,902 SH   SOLE   41,902 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 275 3,351 SH   SOLE   3,351 0 0
VANGUARD INDEX FDS REIT ETF 922908553 1,219 16,291 SH   SOLE   16,291 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 495 4,695 SH   SOLE   4,695 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 1,529 16,990 SH   SOLE   16,990 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 40,211 395,114 SH   SOLE   395,114 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 2,121 40,553 SH   SOLE   40,553 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 489 11,348 SH   SOLE   11,348 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 923 13,923 SH   SOLE   13,923 0 0
VANGUARD WORLD FDS CONSUM DIS ETF 92204A108 5,756 52,720 SH   SOLE   52,720 0 0
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 6,093 52,595 SH   SOLE   52,595 0 0
VANGUARD WORLD FDS ENERGY ETF 92204A306 4,422 30,718 SH   SOLE   30,718 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 5,960 53,390 SH   SOLE   53,390 0 0
VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 5,201 49,890 SH   SOLE   49,890 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 6,550 67,677 SH   SOLE   67,677 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 1,935 17,310 SH   SOLE   17,310 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 2,387 24,690 SH   SOLE   24,690 0 0
VANGUARD WORLD FDS TELCOMM ETF 92204A884 1,356 15,415 SH   SOLE   15,415 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,533 51,763 SH   SOLE   51,763 0 0
VORNADO RLTY TR SH BEN INT 929042109 747 7,000 SH   SOLE   7,000 0 0
WAL-MART STORES INC COM 931142103 408 5,436 SH   SOLE   5,436 0 0
WELLPOINT INC COM 94973V107 1,962 18,237 SH   SOLE   18,237 0 0
WELLS FARGO & CO NEW COM 949746101 2,115 40,236 SH   SOLE   40,236 0 0
WESTERN DIGITAL CORP COM 958102105 2,223 24,084 SH   SOLE   24,084 0 0
WHIRLPOOL CORP COM 963320106 1,868 13,417 SH   SOLE   13,417 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 227 14,800 SH   SOLE   14,800 0 0
XENOPORT INC COM 98411C100 580 120,000 SH   SOLE   120,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 327 10,000 SH   SOLE   10,000 0 0