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 755 5,330 SH   SOLE   5,330 0 0
ABBOTT LABS COM 002824100 419 10,072 SH   SOLE   10,072 0 0
ABBVIE INC COM 00287Y109 210 3,642 SH   SOLE   3,642 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1,190 14,631 SH   SOLE   14,631 0 0
ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 00756M404 532 90,000 SH   SOLE   90,000 0 0
ALASKA AIR GROUP INC COM 011659109 2,396 55,025 SH   SOLE   55,025 0 0
ALCOBRA LTD SHS M2239P109 447 28,946 SH   SOLE   28,946 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 233 3,160 SH   SOLE   3,160 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 209 4,377 SH   SOLE   4,377 0 0
ALLERGAN INC COM 018490102 267 1,500 SH   SOLE   1,500 0 0
ALLSTATE CORP COM 020002101 2,453 39,967 SH   SOLE   39,967 0 0
AMAZON COM INC COM 023135106 387 1,200 SH   SOLE   1,200 0 0
AMBIT BIOSCIENCES CORP COM 02318X100 1,432 93,000 SH   SOLE   93,000 0 0
AMERICAN ASSETS TR INC COM 024013104 659 20,000 SH   SOLE   20,000 0 0
AMERICAN EXPRESS CO COM 025816109 2,226 25,434 SH   SOLE   25,434 0 0
AMGEN INC COM 031162100 697 4,963 SH   SOLE   4,963 0 0
APPLE INC COM 037833100 7,854 77,958 SH   SOLE   77,958 0 0
ARRAY BIOPHARMA INC COM 04269X105 375 105,000 SH   SOLE   105,000 0 0
AT&T INC COM 00206R102 596 16,920 SH   SOLE   16,920 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 634 7,636 SH   SOLE   7,636 0 0
AUTOZONE INC COM 053332102 1,876 3,681 SH   SOLE   3,681 0 0
AVIV REIT INC MD COM 05381L101 448 17,000 SH   SOLE   17,000 0 0
BANCO MACRO SA SPON ADR B 05961W105 398 10,040 SH   SOLE   10,040 0 0
BANK AMER CORP COM 060505104 231 13,573 SH   SOLE   13,573 0 0
BARNES & NOBLE INC COM 067774109 278 14,100 SH   SOLE   14,100 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 207 1 SH   SOLE   1 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 447 3,238 SH   SOLE   3,238 0 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 4,324 253,000 SH   SOLE   253,000 0 0
BIOMED REALTY TRUST INC COM 09063H107 243 12,033 SH   SOLE   12,033 0 0
BIOTA PHARMACEUTIALS INC COM 090694100 284 115,000 SH   SOLE   115,000 0 0
BOSTON PROPERTIES INC COM 101121101 298 2,575 SH   SOLE   2,575 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,347 26,312 SH   SOLE   26,312 0 0
BT GROUP PLC ADR 05577E101 3,366 54,747 SH   SOLE   54,747 0 0
CAMDEN PPTY TR SH BEN INT 133131102 487 7,100 SH   SOLE   7,100 0 0
CAMPUS CREST CMNTYS INC COM 13466Y105 96 15,000 SH   SOLE   15,000 0 0
CANADIAN SOLAR INC COM 136635109 233 6,500 SH   SOLE   6,500 0 0
CAPITAL ONE FINL CORP COM 14040H105 304 3,725 SH   SOLE   3,725 0 0
CARDINAL HEALTH INC COM 14149Y108 395 5,274 SH   SOLE   5,274 0 0
CBL & ASSOC PPTYS INC COM 124830100 682 38,100 SH   SOLE   38,100 0 0
CHEVRON CORP NEW COM 166764100 3,517 29,477 SH   SOLE   29,477 0 0
CISCO SYS INC COM 17275R102 2,256 89,637 SH   SOLE   89,637 0 0
COMPANHIA ENERGETICA DE MINA SP ADR N-V PFD 204409601 326 52,306 SH   SOLE   52,306 0 0
CONOCOPHILLIPS COM 20825C104 1,046 13,667 SH   SOLE   13,667 0 0
CONSOL ENERGY INC COM 20854P109 220 5,800 SH   SOLE   5,800 0 0
CORESITE RLTY CORP COM 21870Q105 329 10,000 SH   SOLE   10,000 0 0
COUSINS PPTYS INC COM 222795106 598 50,000 SH   SOLE   50,000 0 0
COVIDIEN PLC SHS G2554F113 275 3,175 SH   SOLE   3,175 0 0
DDR CORP COM 23317H102 169 10,100 SH   SOLE   10,100 0 0
DELUXE CORP COM 248019101 2,465 44,692 SH   SOLE   44,692 0 0
DIGITAL RLTY TR INC COM 253868103 243 3,900 SH   SOLE   3,900 0 0
DISCOVER FINL SVCS COM 254709108 1,940 30,132 SH   SOLE   30,132 0 0
DISH NETWORK CORP CL A 25470M109 1,915 29,660 SH   SOLE   29,660 0 0
DONNELLEY R R & SONS CO COM 257867101 1,548 94,068 SH   SOLE   94,068 0 0
DOUGLAS EMMETT INC COM 25960P109 1,027 40,000 SH   SOLE   40,000 0 0
DOW CHEM CO COM 260543103 649 12,374 SH   SOLE   12,374 0 0
DR REDDYS LABS LTD ADR 256135203 264 5,020 SH   SOLE   5,020 0 0
DUCOMMUN INC DEL COM 264147109 244 8,900 SH   SOLE   8,900 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 524 7,010 SH   SOLE   7,010 0 0
EARTHLINK HLDGS CORP COM 27033X101 237 69,155 SH   SOLE   69,155 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 3,621 91,500 SH   SOLE   91,500 0 0
ENDOCYTE INC COM 29269A102 675 111,000 SH   SOLE   111,000 0 0
ENTEROMEDICS INC COM NEW 29365M208 391 317,700 SH   SOLE   317,700 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 424 10,000 SH   SOLE   10,000 0 0
EQUITY ONE COM 294752100 952 44,000 SH   SOLE   44,000 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 616 10,000 SH   SOLE   10,000 0 0
EXXON MOBIL CORP COM 30231G102 4,009 42,631 SH   SOLE   42,631 0 0
FACEBOOK INC CL A 30303M102 257 3,250 SH   SOLE   3,250 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 846 50,000 SH   SOLE   50,000 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 3,363 235,000 SH   SOLE   235,000 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 1,934 187,440 SH   SOLE   187,440 0 0
GAP INC DEL COM 364760108 284 6,810 SH   SOLE   6,810 0 0
GENERAL DYNAMICS CORP COM 369550108 960 7,553 SH   SOLE   7,553 0 0
GENERAL ELECTRIC CO COM 369604103 638 24,894 SH   SOLE   24,894 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259 296 14,000 SH   SOLE   14,000 0 0
GLOBAL X FDS FTSE GREECE 20 37950E366 297 16,000 SH   SOLE   16,000 0 0
GOOGLE INC CL A 38259P508 881 1,498 SH   SOLE   1,498 0 0
GOOGLE INC CL C 38259P706 801 1,388 SH   SOLE   1,388 0 0
HARRIS CORP DEL COM 413875105 1,750 26,352 SH   SOLE   26,352 0 0
HEALTH NET INC COM 42222G108 2,299 49,863 SH   SOLE   49,863 0 0
HELMERICH & PAYNE INC COM 423452101 2,035 20,792 SH   SOLE   20,792 0 0
HEWLETT PACKARD CO COM 428236103 520 14,651 SH   SOLE   14,651 0 0
HIGHWOODS PPTYS INC COM 431284108 817 21,000 SH   SOLE   21,000 0 0
HOME DEPOT INC COM 437076102 229 2,491 SH   SOLE   2,491 0 0
HOME PROPERTIES INC COM 437306103 582 10,000 SH   SOLE   10,000 0 0
HUMANA INC COM 444859102 1,154 8,856 SH   SOLE   8,856 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 2,762 26,507 SH   SOLE   26,507 0 0
ICICI BK LTD ADR 45104G104 1,084 22,070 SH   SOLE   22,070 0 0
IGNYTA INC COM 451731103 1,693 210,000 SH   SOLE   210,000 0 0
INFOSYS LTD SPONSORED ADR 456788108 970 16,040 SH   SOLE   16,040 0 0
INGERSOLL-RAND PLC SHS G47791101 736 13,054 SH   SOLE   13,054 0 0
INSIGHT ENTERPRISES INC COM 45765U103 258 11,400 SH   SOLE   11,400 0 0
INTEL CORP COM 458140100 2,201 63,212 SH   SOLE   63,212 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 3,522 18,555 SH   SOLE   18,555 0 0
ISHARES MSCI CDA ETF 464286509 331 10,800 SH   SOLE   10,800 0 0
ISHARES MSCI THI CAP ETF 464286624 340 4,050 SH   SOLE   4,050 0 0
ISHARES MSCI TAIWAN ETF 464286731 382 25,000 SH   SOLE   25,000 0 0
ISHARES MSCI ACWI US ETF 464288240 398 8,750 SH   SOLE   8,750 0 0
ISHARES CALI AMT-FRE ETF 464288356 6,666 57,114 SH   SOLE   57,114 0 0
ISHARES GLB INFRASTR ETF 464288372 2,265 53,380 SH   SOLE   53,380 0 0
ISHARES IBOXX HI YD ETF 464288513 209 2,275 SH   SOLE   2,275 0 0
ISHARES MSCI KLD400 SOC 464288570 217 3,000 SH   SOLE   3,000 0 0
ISHARES 1-3 YR CR BD ETF 464288646 901 8,556 SH   SOLE   8,556 0 0
ISHARES NW ZEALND CP ETF 464289123 316 8,200 SH   SOLE   8,200 0 0
ISHARES INDIA 50 ETF 464289529 359 12,100 SH   SOLE   12,100 0 0
ISHARES TR SELECT DIVID ETF 464287168 819 11,092 SH   SOLE   11,092 0 0
ISHARES TR TIPS BD ETF 464287176 257 2,293 SH   SOLE   2,293 0 0
ISHARES TR CORE S&P500 ETF 464287200 472 2,382 SH   SOLE   2,382 0 0
ISHARES TR CORE US AGGBD ET 464287226 32,259 295,656 SH   SOLE   295,656 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 2,249 54,119 SH   SOLE   54,119 0 0
ISHARES TR IBOXX INV CP ETF 464287242 343 2,900 SH   SOLE   2,900 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 63,005 541,890 SH   SOLE   541,890 0 0
ISHARES TR MSCI EAFE ETF 464287465 3,970 61,912 SH   SOLE   61,912 0 0
ISHARES TR RUS MID-CAP ETF 464287499 502 3,169 SH   SOLE   3,169 0 0
ISHARES TR N AMER TECH ETF 464287549 337 3,440 SH   SOLE   3,440 0 0
ISHARES TR COHEN&STEER REIT 464287564 1,312 15,537 SH   SOLE   15,537 0 0
ISHARES TR S&P MC 400GR ETF 464287606 263 1,739 SH   SOLE   1,739 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 2,083 22,264 SH   SOLE   22,264 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 450 4,112 SH   SOLE   4,112 0 0
ISHARES TR U.S. REAL ES ETF 464287739 2,106 30,421 SH   SOLE   30,421 0 0
ISHARES TR SP SMCP600VL ETF 464287879 6,753 62,941 SH   SOLE   62,941 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 316 11,610 SH   SOLE   11,610 0 0
ISHARES TR CORE HIGH DV ETF 46429B663 506 6,735 SH   SOLE   6,735 0 0
ISHARES TR MSCI RUSSIA CAP 46429B705 307 17,800 SH   SOLE   17,800 0 0
JOHNSON & JOHNSON COM 478160104 4,282 40,171 SH   SOLE   40,171 0 0
JPMORGAN CHASE & CO COM 46625H100 245 4,074 SH   SOLE   4,074 0 0
KIMBERLY CLARK CORP COM 494368103 791 7,350 SH   SOLE   7,350 0 0
KIMCO RLTY CORP COM 49446R109 596 27,200 SH   SOLE   27,200 0 0
LEAR CORP COM NEW 521865204 1,945 22,506 SH   SOLE   22,506 0 0
LIBERTY PPTY TR SH BEN INT 531172104 206 6,200 SH   SOLE   6,200 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 2,617 24,087 SH   SOLE   24,087 0 0
MACYS INC COM 55616P104 550 9,448 SH   SOLE   9,448 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 316 27,000 SH   SOLE   27,000 0 0
MANPOWERGROUP INC COM 56418H100 1,772 25,280 SH   SOLE   25,280 0 0
MARKET VECTORS ETF TR VIETNAM ETF 57060U761 506 23,090 SH   SOLE   23,090 0 0
MARKET VECTORS ETF TR EGYPT INDX ETF 57061R569 391 5,415 SH   SOLE   5,415 0 0
MCDONALDS CORP COM 580135101 419 4,424 SH   SOLE   4,424 0 0
MERCADOLIBRE INC COM 58733R102 218 2,010 SH   SOLE   2,010 0 0
MERCK & CO INC NEW COM 58933Y105 335 5,658 SH   SOLE   5,658 0 0
MICROSOFT CORP COM 594918104 3,902 84,161 SH   SOLE   84,161 0 0
MID-AMER APT CMNTYS INC COM 59522J103 230 3,500 SH   SOLE   3,500 0 0
MIRATI THERAPEUTICS INC COM 60468T105 595 34,000 SH   SOLE   34,000 0 0
MOBILE TELESYSTEMS OJSC SPONSORED ADR 607409109 149 10,000 SH   SOLE   10,000 0 0
NICE SYS LTD SPONSORED ADR 653656108 1,428 35,000 SH   SOLE   35,000 0 0
NORANDA ALUM HLDG CORP COM 65542W107 118 26,022 SH   SOLE   26,022 0 0
NORFOLK SOUTHERN CORP COM 655844108 909 8,142 SH   SOLE   8,142 0 0
NORTHROP GRUMMAN CORP COM 666807102 2,067 15,690 SH   SOLE   15,690 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 274 8,000 SH   SOLE   8,000 0 0
ONE LIBERTY PPTYS INC COM 682406103 212 10,500 SH   SOLE   10,500 0 0
ORACLE CORP COM 68389X105 508 13,268 SH   SOLE   13,268 0 0
PACKAGING CORP AMER COM 695156109 1,888 29,589 SH   SOLE   29,589 0 0
PAPA JOHNS INTL INC COM 698813102 316 7,900 SH   SOLE   7,900 0 0
PENN NATL GAMING INC COM 707569109 325 29,000 SH   SOLE   29,000 0 0
PEPSICO INC COM 713448108 347 3,723 SH   SOLE   3,723 0 0
PFIZER INC COM 717081103 600 20,282 SH   SOLE   20,282 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 2,051 67,117 SH   SOLE   67,117 0 0
PIONEER ENERGY SVCS CORP COM 723664108 224 16,000 SH   SOLE   16,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 712 8,323 SH   SOLE   8,323 0 0
POST PPTYS INC COM 737464107 821 16,000 SH   SOLE   16,000 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 680 28,000 SH   SOLE   28,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 69,290 701,387 SH   SOLE   701,387 0 0
PPG INDS INC COM 693506107 1,688 8,582 SH   SOLE   8,582 0 0
PROCTER & GAMBLE CO COM 742718109 866 10,340 SH   SOLE   10,340 0 0
PROLOGIS INC COM 74340W103 479 12,700 SH   SOLE   12,700 0 0
PS BUSINESS PKS INC CALIF COM 69360J107 647 8,500 SH   SOLE   8,500 0 0
PUBLIC STORAGE COM 74460D109 320 1,932 SH   SOLE   1,932 0 0
QUALCOMM INC COM 747525103 258 3,451 SH   SOLE   3,451 0 0
RETAIL PPTYS AMER INC CL A 76131V202 439 30,000 SH   SOLE   30,000 0 0
REYNOLDS AMERICAN INC COM 761713106 1,113 18,863 SH   SOLE   18,863 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 1,694 30,020 SH   SOLE   30,020 0 0
SANMINA CORPORATION COM 801056102 1,001 48,006 SH   SOLE   48,006 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 1,189 25,295 SH   SOLE   25,295 0 0
SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 291 9,377 SH   SOLE   9,377 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 3,098 54,096 SH   SOLE   54,096 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 328 7,263 SH   SOLE   7,263 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 258 3,876 SH   SOLE   3,876 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 8,063 348,012 SH   SOLE   348,012 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 467 11,695 SH   SOLE   11,695 0 0
SESA STERLITE LTD SPONSORED ADR 78413F103 277 16,060 SH   SOLE   16,060 0 0
SILICONWARE PRECISION INDS L SPONSD ADR SPL 827084864 512 75,000 SH   SOLE   75,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 3,800 32,699 SH   SOLE   32,699 0 0
SPDR INDEX SHS FDS S&P INTL ETF 78463X772 546 11,790 SH   SOLE   11,790 0 0
SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 378 10,775 SH   SOLE   10,775 0 0
SPDR INDEX SHS FDS S&P GBLINF ETF 78463X855 323 6,640 SH   SOLE   6,640 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 377 9,095 SH   SOLE   9,095 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 74,832 379,817 SH   SOLE   379,817 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 312 1,252 SH   SOLE   1,252 0 0
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 16,281 667,127 SH   SOLE   667,127 0 0
SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 8,284 345,187 SH   SOLE   345,187 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 11,684 380,696 SH   SOLE   380,696 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 220 2,930 SH   SOLE   2,930 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 257 8,050 SH   SOLE   8,050 0 0
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 565 11,500 SH   SOLE   11,500 0 0
STONERIDGE INC COM 86183P102 169 15,000 SH   SOLE   15,000 0 0
SWIFT TRANSN CO CL A 87074U101 221 10,556 SH   SOLE   10,556 0 0
SYNERGY PHARMACEUTICALS DEL COM NEW 871639308 322 115,500 SH   SOLE   115,500 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 982 30,000 SH   SOLE   30,000 0 0
TATA MTRS LTD SPONSORED ADR 876568502 876 20,045 SH   SOLE   20,045 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 244 12,000 SH   SOLE   12,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 9,691 180,300 SH   SOLE   180,300 0 0
TOWER INTL INC COM 891826109 237 9,400 SH   SOLE   9,400 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,113 11,847 SH   SOLE   11,847 0 0
UDR INC COM 902653104 210 7,700 SH   SOLE   7,700 0 0
UNIFI INC COM NEW 904677200 246 9,500 SH   SOLE   9,500 0 0
UNITED PARCEL SERVICE INC CL B 911312106 324 3,295 SH   SOLE   3,295 0 0
UNITED TECHNOLOGIES CORP COM 913017109 887 8,401 SH   SOLE   8,401 0 0
UNITEDHEALTH GROUP INC COM 91324P102 958 11,105 SH   SOLE   11,105 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 58,906 718,983 SH   SOLE   718,983 0 0
VANGUARD INDEX FDS REIT ETF 922908553 1,455 20,256 SH   SOLE   20,256 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 715 7,170 SH   SOLE   7,170 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 890 9,840 SH   SOLE   9,840 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 41,164 406,598 SH   SOLE   406,598 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 2,271 46,117 SH   SOLE   46,117 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 721 17,276 SH   SOLE   17,276 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 258 3,010 SH   SOLE   3,010 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 756 11,388 SH   SOLE   11,388 0 0
VANGUARD WORLD FDS CONSUM DIS ETF 92204A108 5,553 51,180 SH   SOLE   51,180 0 0
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 6,000 51,065 SH   SOLE   51,065 0 0
VANGUARD WORLD FDS ENERGY ETF 92204A306 4,012 30,595 SH   SOLE   30,595 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 6,306 53,900 SH   SOLE   53,900 0 0
VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 5,036 49,655 SH   SOLE   49,655 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 6,625 66,197 SH   SOLE   66,197 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 1,880 17,065 SH   SOLE   17,065 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 2,214 24,245 SH   SOLE   24,245 0 0
VANGUARD WORLD FDS TELCOMM ETF 92204A884 1,355 15,525 SH   SOLE   15,525 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,676 53,521 SH   SOLE   53,521 0 0
VONAGE HLDGS CORP COM 92886T201 317 96,500 SH   SOLE   96,500 0 0
WAL-MART STORES INC COM 931142103 541 7,080 SH   SOLE   7,080 0 0
WELLPOINT INC COM 94973V107 2,202 18,405 SH   SOLE   18,405 0 0
WELLS FARGO & CO NEW COM 949746101 1,990 38,364 SH   SOLE   38,364 0 0
WESTERN DIGITAL CORP COM 958102105 2,240 23,022 SH   SOLE   23,022 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 223 14,800 SH   SOLE   14,800 0 0
XENOPORT INC COM 98411C100 646 120,000 SH   SOLE   120,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 371 10,040 SH   SOLE   10,040 0 0