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 6,932 201,387 SH   SOLE   201,387 0 0
Buffalo Discovery MUT 119530103 5,705 232,659 SH   SOLE   232,659 0 0
Dodge & Cox Stock MUT 256219106 6,037 30,627 SH   SOLE   30,627 0 0
Elements US Large Cap Fund MUT 861728731 20,352 1,810,699 SH   SOLE   1,810,699 0 0
Harbor Capital Appreciation MUT 411511504 4,844 66,869 SH   SOLE   66,869 0 0
OneSource Annuity Janus Aspen ANNUITY 999999999 220 10,788 SH   SOLE   10,788 0 0
iShares S&P MidCap 400 Growth MUT 464287606 1,488 6,817 SH   SOLE   6,817 0 0
Financial Select Sector SPDR ETF 81369Y605 1,816 65,874 SH   SOLE   65,874 0 0
First Trust Internet Index ETF ETF 33733E302 48 398 SH   SOLE   398 0 0
First Trust Internet Index ETF ETF 33733E302 4,795 39,794 SH   DFND 1 39,794 0 0
Health Care Select Sector SPDR ETF 81369Y209 34 419 SH   SOLE   419 0 0
Health Care Select Sector SPDR ETF 81369Y209 3,430 42,134 SH   DFND 1 42,134 0 0
Powershares Buyback Achievers ETF 73935X286 22 392 SH   SOLE   392 0 0
Powershares Buyback Achievers ETF 73935X286 2,241 39,372 SH   DFND 1 39,372 0 0
Short S&P500 ProShares ETF 74347R503 72 2,367 SH   SOLE   2,367 0 0
Short S&P500 ProShares ETF 74347R503 7,190 237,302 SH   DFND 1 237,302 0 0
iShares Edge MSCI Min Vol USA ETF 46429B697 23 450 SH   SOLE   450 0 0
iShares Edge MSCI Min Vol USA ETF 46429B697 2,350 45,258 SH   DFND 1 45,258 0 0
iShares Russell Midcap Value I ETF 464287473 277 3,208 SH   SOLE   3,208 0 0
iShares Russell Midcap Value I ETF 464287473 7,016 81,174 SH   DFND 1 81,174 0 0
iShares Transportation Average ETF 464287192 3,418 18,277 SH   SOLE   18,277 0 0
iShares US Aerospace & Defense ETF 464288760 4,515 22,809 SH   SOLE   22,809 0 0
Deutsche X-trackers MSCI EAFE ETF 233051200 57 1,866 SH   SOLE   1,866 0 0
Deutsche X-trackers MSCI EAFE ETF 233051200 5,749 187,204 SH   DFND 1 187,204 0 0
SPDR S&P International Dividen ETF 78463X772 137 3,425 SH   SOLE   3,425 0 0
SPDR S&P International Dividen ETF 78463X772 5,727 142,921 SH   DFND 1 142,921 0 0
Vanguard Emerging Markets Stoc ETF 922042858 57 1,209 SH   SOLE   1,209 0 0
Vanguard Emerging Markets Stoc ETF 922042858 5,689 121,084 SH   DFND 1 121,084 0 0
iShares FTSE/Xinhua China 25 I ETF 464287184 43 912 SH   SOLE   912 0 0
iShares FTSE/Xinhua China 25 I ETF 464287184 4,316 91,357 SH   DFND 1 91,357 0 0
iShares MSCI Hong Kong Index ETF 464286871 35 1,364 SH   SOLE   1,364 0 0
iShares MSCI Hong Kong Index ETF 464286871 3,463 136,836 SH   DFND 1 136,836 0 0
iShares MSCI India Index ETF ETF 46429B598 66 1,948 SH   SOLE   1,948 0 0
iShares MSCI India Index ETF ETF 46429B598 6,667 195,343 SH   DFND 1 195,343 0 0
iShares MSCI Pacific ex-Japan ETF 464286665 34 733 SH   SOLE   733 0 0
iShares MSCI Pacific ex-Japan ETF 464286665 3,416 73,530 SH   DFND 1 73,530 0 0