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
Akre Focus Instl MUT 742935125 6,654 201,387 SH   SOLE   201,387 0 201,387
Buffalo Discovery MUT 119530103 5,824 240,466 SH   SOLE   240,466 0 240,466
Dodge & Cox Stock MUT 256219106 6,425 31,557 SH   SOLE   31,557 0 31,557
Elements US Large Cap Fund MUT 861728731 21,290 1,882,415 SH   SOLE   1,882,415 0 1,882,415
Harbor Capital Appreciation MUT 411511504 4,918 70,825 SH   SOLE   70,825 0 70,825
OneSource Annuity Janus Aspen ANNUITY 999999999 222 10,788 SH   SOLE   10,788 0 10,788
iShares S&P MidCap 400 Growth MUT 464287606 1,471 6,817 SH   SOLE   6,817 0 6,817
Financial Select Sector SPDR ETF 81369Y605 1,839 65,874 SH   SOLE   65,874 0 65,874
First Trust Internet Index ETF ETF 33733E302 51 464 SH   SOLE   464 0 464
First Trust Internet Index ETF ETF 33733E302 4,847 44,111 SH   DFND 1 44,111 0 44,111
Health Care Select Sector SPDR ETF 81369Y209 36 433 SH   SOLE   433 0 433
Health Care Select Sector SPDR ETF 81369Y209 3,516 42,521 SH   DFND 1 42,521 0 42,521
iShares Russell Midcap Value I ETF 464287473 71 792 SH   SOLE   792 0 792
iShares Russell Midcap Value I ETF 464287473 7,178 80,513 SH   DFND 1 80,513 0 80,513
iShares S&P MidCap 400/BARRA V ETF 464287705 1,074 6,710 SH   SOLE   6,710 0 6,710
iShares Transportation Average ETF 464287192 3,502 18,277 SH   SOLE   18,277 0 18,277
iShares US Aerospace & Defense ETF 464288760 4,291 22,809 SH   SOLE   22,809 0 22,809
Deutsche X-trackers MSCI EAFE ETF 233051200 59 1,872 SH   SOLE   1,872 0 1,872
Deutsche X-trackers MSCI EAFE ETF 233051200 5,903 185,758 SH   DFND 1 185,758 0 185,758
SPDR S&P International Dividen ETF 78463X772 58 1,405 SH   SOLE   1,405 0 1,405
SPDR S&P International Dividen ETF 78463X772 5,934 143,985 SH   DFND 1 143,985 0 143,985
Vanguard Emerging Markets Stoc ETF 922042858 59 1,276 SH   SOLE   1,276 0 1,276
Vanguard Emerging Markets Stoc ETF 922042858 6,067 132,156 SH   DFND 1 132,156 0 132,156
iShares FTSE/Xinhua China 25 I ETF 464287184 52 1,130 SH   SOLE   1,130 0 1,130
iShares FTSE/Xinhua China 25 I ETF 464287184 4,770 103,315 SH   DFND 1 103,315 0 103,315
iShares MSCI Mexico Index ETF 464286822 33 678 SH   SOLE   678 0 678
iShares MSCI Mexico Index ETF 464286822 3,459 70,174 SH   DFND 1 70,174 0 70,174