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
AMIRA NATURE FOODS LTD SHS G0335L102 54 5,910 SH   DFND 1, 2 5,910 0 0
BUNGE LIMITED COM G16962105 234 3,433 SH   DFND 1,2 3,433 0 0
KING DIGITAL ENTMT PLC ORD SHS G5258J109 713 39,867 SH   DFND 1,2 39,867 0 0
KOSMOS ENERGY LTD SHS G5315B107 29 5,540 SH   DFND 1,2 5,540 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 83 4,885 SH   DFND 1,2 4,885 0 0
PENTAIR PLC SHS G7S00T104 254 5,133 SH   DFND 1,2 5,133 0 0
ADECOAGRO S A COM L00849106 421 34,275 SH   DFND 1,2 34,275 0 0
OCEAN RIG UDW INC SHS Y64354205 6 3,794 SH   DFND 1,2 3,794 0 0
AGL RES INC COM 001204106 3,486 54,625 SH   DFND 1,2 54,625 0 0
AG MTG INVT TR INC COM 001228105 380 29,628 SH   DFND 1,2 29,628 0 0
ACADIA RLTY TR COM SH BEN INT 004239109 2,398 72,341 SH   DFND 1,2 72,341 0 0
AIRGAS INC COM 009363102 1,728 12,494 SH   DFND 1,2 12,494 0 0
ALCOA INC COM 013817101 383 38,828 SH   DFND 1,2 38,828 0 0
ALON USA ENERGY INC COM 020520102 18 1,236 SH   DFND 1,2 1,236 0 0
ALON USA PARTNERS LP UT LTDPART INT 02052T109 10 445 SH   DFND 1,2 445 0 0
AMERICAN RESIDENTIAL PPTYS I COM 02927E303 643 34,003 SH   DFND 1,2 34,003 0 0
AMERICAN VANGUARD CORP COM 030371108 144 10,278 SH   DFND 1,2 10,278 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 307 5,133 SH   DFND 1,2 5,133 0 0
ANADARKO PETE CORP COM 032511107 35 716 SH   DFND 1,2 716 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 452 103,944 SH   DFND 1,2 103,944 0 0
APACHE CORP COM 037411105 23 524 SH   DFND 1,2 524 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 1,053 61,096 SH   DFND 1,2 61,096 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 397 33,183 SH   DFND 1,2 33,183 0 0
AQUA AMERICA INC COM 03836W103 150 5,048 SH   DFND 1,2 5,048 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 549 14,963 SH   DFND 1,2 14,963 0 0
ARES COML REAL ESTATE CORP COM 04013V108 313 27,386 SH   DFND 1,2 27,386 0 0
ARMOUR RESIDENTIAL REIT INC COM NEW 042315507 896 41,174 SH   DFND 1,2 41,174 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 602 95,340 SH   DFND 1,2 95,340 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 76 3,534 SH   DFND 1,2 3,534 0 0
BARCLAYS BK PLC IPATH S&P MT ETN 06740C519 4,316 387,481 SH   DFND 1,2 387,481 0 0
BAXALTA INC COM 07177M103 3,167 81,148 SH   DFND 1,2 81,148 0 0
BIOMED REALTY TRUST INC COM 09063H107 1,199 50,594 SH   DFND 1,2 50,594 0 0
BOISE CASCADE CO DEL COM 09739D100 44 1,735 SH   DFND 1,2 1,735 0 0
BONANZA CREEK ENERGY INC COM 097793103 9 1,616 SH   DFND 1,2 1,616 0 0
BOULDER BRANDS INC COM 101405108 703 63,986 SH   DFND 1,2 63,986 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 2,490 182,290 SH   DFND 1,2 182,290 0 0
BREITBURN ENERGY PARTNERS LP COM UT LTD PTN 106776107 6 8,287 SH   DFND 1,2 8,287 0 0
CIGNA CORPORATION COM 125509109 7,178 49,054 SH   DFND 1,2 49,054 0 0
CVR ENERGY INC COM 12662P108 24 620 SH   DFND 1,2 620 0 0
CVR PARTNERS LP COM 126633106 101 12,597 SH   DFND 1,2 12,597 0 0
CVR REFNG LP COMUNIT REP LT 12663P107 33 1,754 SH   DFND 1,2 1,754 0 0
CABLEVISION SYS CORP CL A NY CABLVS 12686C109 2,209 69,244 SH   DFND 1,2 69,244 0 0
CALIFORNIA RES CORP COM 13057Q107 29 12,449 SH   DFND 1,2 12,449 0 0
CAMERON INTERNATIONAL CORP COM 13342B105 10,384 164,297 SH   DFND 1,2 164,297 0 0
CAMPUS CREST CMNTYS INC COM 13466Y105 456 67,067 SH   DFND 1,2 67,067 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 606 85,546 SH   DFND 1,2 85,546 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 1,555 61,790 SH   DFND 1,2 61,790 0 0
CHEVRON CORP NEW COM 166764100 235 2,610 SH   DFND 1,2 2,610 0 0
CHUBB CORP COM 171232101 6,076 45,809 SH   DFND 1,2 45,809 0 0
COLONY CAP INC CL A 19624R106 2,238 114,892 SH   DFND 1,2 114,892 0 0
CONAGRA FOODS INC COM 205887102 424 10,047 SH   DFND 1,2 10,047 0 0
CONOCOPHILLIPS COM 20825C104 80 1,709 SH   DFND 1,2 1,709 0 0
CONSOL ENERGY INC COM 20854P109 75 9,510 SH   DFND 1,2 9,510 0 0
COUSINS PPTYS INC COM 222795106 2,107 223,419 SH   DFND 1,2 223,419 0 0
CURRENCYSHS BRIT POUND STER BRIT POUND STE 23129S106 2,263 15,677 SH   DFND 1,2 15,677 0 0
CURRENCYSHARES EURO TR EURO SHS 23130C108 50,519 474,798 SH   DFND 1,2 474,798 0 0
CYRUSONE INC COM 23283R100 2,532 67,617 SH   DFND 1,2 67,617 0 0
DENBURY RES INC COM NEW 247916208 28 13,809 SH   DFND 1,2 13,809 0 0
DEVON ENERGY CORP NEW COM 25179M103 18 571 SH   DFND 1,2 571 0 0
DIAMOND FOODS INC COM 252603105 344 8,935 SH   DFND 1,2 8,935 0 0
DIAMOND OFFSHORE DRILLING IN COM 25271C102 54 2,537 SH   DFND 1,2 2,537 0 0
DYAX CORP COM 26746E103 846 22,499 SH   DFND 1,2 22,499 0 0
DYNEX CAP INC COM NEW 26817Q506 303 47,723 SH   DFND 1,2 47,723 0 0
E M C CORP MASS COM 268648102 4,706 183,253 SH   DFND 1,2 183,253 0 0
EOG RES INC COM 26875P101 54 761 SH   DFND 1,2 761 0 0
EP ENERGY CORP CL A 268785102 6 1,402 SH   DFND 1,2 1,402 0 0
EDUCATION RLTY TR INC COM NEW 28140H203 2,246 59,286 SH   DFND 1,2 59,286 0 0
EMPIRE ST RLTY TR INC CL A 292104106 2,104 116,440 SH   DFND 1,2 116,440 0 0
EXXON MOBIL CORP COM 30231G102 454 5,822 SH   DFND 1,2 5,822 0 0
FAIRCHILD SEMICONDUCTOR INTL COM 303726103 539 26,046 SH   DFND 1,2 26,046 0 0
FELCOR LODGING TR INC COM 31430F101 1,017 139,249 SH   DFND 1,2 139,249 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 2,548 115,135 SH   DFND 1,2 115,135 0 0
FIRST NIAGARA FINL GP INC COM 33582V108 722 66,504 SH   DFND 1,2 66,504 0 0
FIRST POTOMAC RLTY TR COM 33610F109 682 59,807 SH   DFND 1,2 59,807 0 0
FLOWSERVE CORP COM 34354P105 162 3,846 SH   DFND 1,2 3,846 0 0
FOUR CORNERS PPTY TR INC COM 35086T109 1,092 45,192 SH   DFND 1,2 45,192 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 1,035 99,979 SH   DFND 1,2 99,979 0 0
FREEPORT-MCMORAN INC CL B 35671D857 224 33,032 SH   DFND 1,2 33,032 0 0
GENERAL MLS INC COM 370334104 811 14,062 SH   DFND 1,2 14,062 0 0
GLOBAL NET LEASE INC COM 379378102 1,419 178,463 SH   DFND 1,2 178,463 0 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 1,164 73,320 SH   DFND 1,2 73,320 0 0
GRAMERCY PPTY TR COM 385002100 3,419 442,901 SH   DFND 1,2 442,901 0 0
GULFMARK OFFSHORE INC CL A NEW 402629208 4 769 SH   DFND 1,2 769 0 0
GULFPORT ENERGY CORP COM NEW 402635304 105 4,267 SH   DFND 1,2 4,267 0 0
HAIN CELESTIAL GROUP INC COM 405217100 97 2,400 SH   DFND 1,2 2,400 0 0
HALLIBURTON CO COM 406216101 40 1,169 SH   DFND 1,2 1,169 0 0
HATTERAS FINL CORP COM 41902R103 1,325 100,794 SH   DFND 1,2 100,794 0 0
HEALTH NET INC COM 42222G108 1,239 18,104 SH   DFND 1,2 18,104 0 0
HERSHA HOSPITALITY TR PR SHS BEN INT 427825500 1,027 47,216 SH   DFND 1,2 47,216 0 0
HORMEL FOODS CORP COM 440452100 2,770 35,033 SH   DFND 1,2 35,033 0 0
HUDSON PAC PPTYS INC COM 444097109 2,253 80,069 SH   DFND 1,2 80,069 0 0
HUMANA INC COM 444859102 4,693 26,289 SH   DFND 1,2 26,289 0 0
ISTAR INC COM 45031U101 1,010 86,085 SH   DFND 1,2 86,085 0 0
IDEX CORP COM 45167R104 171 2,233 SH   DFND 1,2 2,233 0 0
INDEPENDENCE RLTY TR INC COM 45378A106 314 41,861 SH   DFND 1,2 41,861 0 0
INFRAREIT INC COM 45685L100 676 36,545 SH   DFND 1,2 36,545 0 0
INGREDION INC COM 457187102 162 1,687 SH   DFND 1,2 1,687 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 985 92,715 SH   DFND 1,2 92,715 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 1,561 125,974 SH   DFND 1,2 125,974 0 0
INVESTORS REAL ESTATE TR SH BEN INT 461730103 887 127,631 SH   DFND 1,2 127,631 0 0
ISHARES MSCI BRZ CAP ETF 464286400 295 14,246 SH   DFND 1,2 14,246 0 0
ISHARES MSCI EURZONE ETF 464286608 2,324 66,343 SH   DFND 1,2 66,343 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 1,473 41,732 SH   DFND 1,2 41,732 0 0
ISHARES TR CORE S&P500 ETF 464287200 5 26 SH   DFND 1,2 26 0 0
ISHARES TR CORE US AGGBD ET 464287226 135,132 1,251,114 SH   DFND 1,2 1,251,114 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,160 36,033 SH   DFND 1,2 36,033 0 0
ISHARES TR IBOXX INV CP ETF 464287242 256,173 2,246,935 SH   DFND 1,2 2,246,935 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 6,053 52,269 SH   DFND 1,2 52,269 0 0
ISHARES TR S&P 500 VAL ETF 464287408 5,696 64,342 SH   DFND 1,2 64,342 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 654 5,408 SH   DFND 1,2 5,408 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 1,314 12,445 SH   DFND 1,2 12,445 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 64,415 763,567 SH   DFND 1,2 763,567 0 0
ISHARES TR MSCI EAFE ETF 464287465 26,682 454,169 SH   DFND 1,2 454,169 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 18,488 188,923 SH   DFND 1,2 188,923 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 14,053 141,266 SH   DFND 1,2 141,266 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 300 3,261 SH   DFND 1,2 3,261 0 0
ISHARES TR RUS 2000 GRW ETF 464287648 49,039 351,762 SH   DFND 1,2 351,762 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 25,181 223,812 SH   DFND 1,2 223,812 0 0
ISHARES TR U.S. REAL ES ETF 464287739 176 2,346 SH   DFND 1,2 2,346 0 0
ISHARES TR EUROPE ETF 464287861 503 12,538 SH   DFND 1,2 12,538 0 0
ISHARES TR SP SMCP600VL ETF 464287879 163 1,505 SH   DFND 1,2 1,505 0 0
ISHARES TR SP SMCP600GR ETF 464287887 24,193 194,612 SH   DFND 1,2 194,612 0 0
ISHARES TR EAFE SML CP ETF 464288273 1,726 34,562 SH   DFND 1,2 34,562 0 0
ISHARES TR JP MOR EM MK ETF 464288281 270 2,479 SH   DFND 1,2 2,479 0 0
ISHARES TR IBOXX HI YD ETF 464288513 112 1,370 SH   DFND 1,2 1,370 0 0
ISHARES TR CORE US CR BD 464288620 7,945 74,456 SH   DFND 1,2 74,456 0 0
ISHARES TR 3-7 YR TR BD ETF 464288661 658 5,365 SH   DFND 1,2 5,365 0 0
ISHARES TR SHRT TRS BD ETF 464288679 28,043 254,425 SH   DFND 1,2 254,425 0 0
ISHARES INDIA 50 ETF 464289529 76 2,790 SH   DFND 1,2 2,790 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 2,669 202,292 SH   DFND 1,2 202,292 0 0
ISHARES TR MSCI INDIA ETF 46429B598 392 7,024 SH   DFND 1,2 7,024 0 0
ISHARES TR CHINA ETF 46429B671 493 11,054 SH   DFND 1,2 11,054 0 0
ISHARES TR CORE MSCI EAFE 46432F842 113 2,085 SH   DFND 1,2 2,085 0 0
ISHARES INC CORE MSCI EMKT 46434G103 22 558 SH   DFND 1,2 558 0 0
ISHARES INC MSCI RUSSIA CAP 46434G806 5 482 SH   DFND 1,2 482 0 0
JOY GLOBAL INC COM 481165108 51 4,021 SH   DFND 1,2 4,021 0 0
KLA-TENCOR CORP COM 482480100 2,379 34,302 SH   DFND 1,2 34,302 0 0
KELLOGG CO COM 487836108 608 8,411 SH   DFND 1,2 8,411 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 2,380 98,833 SH   DFND 1,2 98,833 0 0
KINDER MORGAN INC DEL COM 49456B101 44 2,976 SH   DFND 1,2 2,976 0 0
KITE RLTY GROUP TR COM NEW 49803T300 2,271 87,570 SH   DFND 1,2 87,570 0 0
LEGACY RESVS LP UNIT LP INT 524707304 4 2,411 SH   DFND 1,2 2,411 0 0
LEXINGTON REALTY TRUST COM 529043101 1,567 195,855 SH   DFND 1,2 195,855 0 0
LINN ENERGY LLC UNIT LTD LIAB 536020100 11 8,852 SH   DFND 1,2 8,852 0 0
LOUISIANA PAC CORP COM 546347105 113 6,255 SH   DFND 1,2 6,255 0 0
MACK CALI RLTY CORP COM 554489104 1,976 84,640 SH   DFND 1,2 84,640 0 0
MARATHON PETE CORP COM 56585A102 39 757 SH   DFND 1,2 757 0 0
MARKET VECTORS ETF TR RUSSIA ETF 57060U506 46 3,119 SH   DFND 1,2 3,119 0 0
MARKET VECTORS ETF TR JP MORGAN EM LC 57060U522 4,139 243,420 SH   DFND 1,2 243,420 0 0
MEDIA GEN INC NEW COM 58441K100 415 25,701 SH   DFND 1,2 25,701 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 2,831 245,943 SH   DFND 1,2 245,943 0 0
MONDELEZ INTL INC CL A 609207105 1,745 38,913 SH   DFND 1,2 38,913 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 640 61,195 SH   DFND 1,2 61,195 0 0
MONOGRAM RESIDENTIAL TR INC COM 60979P105 1,711 175,347 SH   DFND 1,2 175,347 0 0
NATIONAL PENN BANCSHARES INC COM 637138108 687 55,684 SH   DFND 1,2 55,684 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 411 23,984 SH   DFND 1,2 23,984 0 0
NEW SR INVT GROUP INC COM 648691103 887 89,920 SH   DFND 1,2 89,920 0 0
NEW YORK MTG TR INC COM PAR $.02 649604501 613 114,963 SH   DFND 1,2 114,963 0 0
NEW YORK REIT INC COM 64976L109 1,966 170,936 SH   DFND 1,2 170,936 0 0
NEWCASTLE INVT CORP NEW COM PAR $0.01 65105M603 249 61,031 SH   DFND 1,2 61,031 0 0
NEWMONT MINING CORP COM 651639106 854 47,484 SH   DFND 1,2 47,484 0 0
NORFOLK SOUTHERN CORP COM 655844108 1,141 13,484 SH   DFND 1,2 13,484 0 0
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 361 13,947 SH   DFND 1,2 13,947 0 0
OASIS PETE INC NEW COM 674215108 39 5,312 SH   DFND 1,2 5,312 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 72 1,069 SH   DFND 1,2 1,069 0 0
OIL STS INTL INC COM 678026105 54 1,975 SH   DFND 1,2 1,975 0 0
ORCHID IS CAP INC COM 68571X103 217 21,832 SH   DFND 1,2 21,832 0 0
PBF ENERGY INC CL A 69318G106 142 3,850 SH   DFND 1,2 3,850 0 0
PMC-SIERRA INC COM 69344F106 660 56,771 SH   DFND 1,2 56,771 0 0
PARKWAY PPTYS INC COM 70159Q104 1,388 88,824 SH   DFND 1,2 88,824 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 1,547 70,738 SH   DFND 1,2 70,738 0 0
PENNYMAC MTG INVT TR COM 70931T103 1,161 76,113 SH   DFND 1,2 76,113 0 0
PEP BOYS MANNY MOE & JACK COM 713278109 477 25,914 SH   DFND 1,2 25,914 0 0
PHILLIPS 66 COM 718546104 62 755 SH   DFND 1,2 755 0 0
PHYSICIANS RLTY TR COM 71943U104 1,543 91,504 SH   DFND 1,2 91,504 0 0
PIEDMONT NAT GAS INC COM 720186105 1,356 23,783 SH   DFND 1,2 23,783 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 761 34,454 SH   DFND 1,2 34,454 0 0
PIONEER ENERGY SVCS CORP COM 723664108 5 2,492 SH   DFND 1,2 2,492 0 0
PIONEER NAT RES CO COM 723787107 26 207 SH   DFND 1,2 207 0 0
PLUM CREEK TIMBER CO INC COM 729251108 883 18,495 SH   DFND 1,2 18,495 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 118 8,856 SH   DFND 1,2 8,856 0 0
POWERSHARES DB G10 CURCY HAR COM UT BEN INT 73935Y102 27,252 1,167,621 SH   DFND 1,2 1,167,621 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 202,862 9,056,311 SH   DFND 1,2 9,056,311 0 0
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 154 5,441 SH   DFND 1,2 5,441 0 0
PRECISION CASTPARTS CORP COM 740189105 10,818 46,628 SH   DFND 1,2 46,628 0 0
PROSHARES TR II VIX MDTRM FUTR N 74347W338 2,266 41,932 SH   DFND 1,2 41,932 0 0
PROSHARES TR II ULTRASHRT NEW 74347W395 35 299 SH   DFND 1,2 299 0 0
PROSHARES TR II ULTRASHORT YEN N 74347W569 261 2,972 SH   DFND 1,2 2,972 0 0
PROSHARES TR ULTSHT REAL EST 74348A244 265 5,908 SH   DFND 1,2 5,908 0 0
QTS RLTY TR INC COM CL A 74736A103 1,859 41,214 SH   DFND 1,2 41,214 0 0
RAIT FINANCIAL TRUST COM NEW 749227609 257 95,281 SH   DFND 1,2 95,281 0 0
RPC INC COM 749660106 28 2,378 SH   DFND 1,2 2,378 0 0
RAMCO-GERSHENSON PPTYS TR COM SH BEN INT 751452202 1,362 81,993 SH   DFND 1,2 81,993 0 0
REDWOOD TR INC COM 758075402 1,125 85,210 SH   DFND 1,2 85,210 0 0
RESOLUTE FST PRODS INC COM 76117W109 32 4,167 SH   DFND 1,2 4,167 0 0
RESOURCE CAP CORP COM NEW 76120W708 411 32,196 SH   DFND 1,2 32,196 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 1,846 103,130 SH   DFND 1,2 103,130 0 0
RITE AID CORP COM 767754104 4,523 576,901 SH   DFND 1,2 576,901 0 0
ROYAL GOLD INC COM 780287108 226 6,206 SH   DFND 1,2 6,206 0 0
RYDEX ETF TRUST GUG S&P500 PU VA 78355W304 518 10,540 SH   DFND 1,2 10,540 0 0
RYDEX ETF TRUST GUG S&P500 PU GR 78355W403 972 12,041 SH   DFND 1,2 12,041 0 0
SM ENERGY CO COM 78454L100 52 2,650 SH   DFND 1,2 2,650 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 12,947 63,496 SH   DFND 1,2 63,496 0 0
SPDR INDEX SHS FDS S&P CHINA ETF 78463X400 239 3,261 SH   DFND 1,2 3,261 0 0
SPDR INDEX SHS FDS S&P EMKTSC ETF 78463X756 2,261 59,942 SH   DFND 1,2 59,942 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 746 19,067 SH   DFND 1,2 19,067 0 0
SPDR INDEX SHS FDS S&P INTL SMLCP 78463X871 225 7,975 SH   DFND 1,2 7,975 0 0
SPDR SERIES TRUST BRC CNV SECS ETF 78464A359 27,041 624,791 SH   DFND 1,2 624,791 0 0
SPDR SERIES TRUST BRC HGH YLD BD 78464A417 78 2,266 SH   DFND 1,2 2,266 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 116 1,269 SH   DFND 1,2 1,269 0 0
SPDR SERIES TRUST BRCLYS AGG ETF 78464A649 4,958 86,902 SH   DFND 1,2 86,902 0 0
SPDR SERIES TRUST BRCLYS 1-3MT ETF 78464A680 19,448 425,732 SH   DFND 1,2 425,732 0 0
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 36,364 788,299 SH   DFND 1,2 788,299 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 1,360 67,248 SH   DFND 1,2 67,248 0 0
SANCHEZ ENERGY CORP COM 79970Y105 9 2,127 SH   DFND 1,2 2,127 0 0
SANDERSON FARMS INC COM 800013104 797 10,276 SH   DFND 1,2 10,276 0 0
SCHLUMBERGER LTD COM 806857108 123 1,761 SH   DFND 1,2 1,761 0 0
SEABOARD CORP COM 811543107 449 155 SH   DFND 1,2 155 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 98 2,260 SH   DFND 1,2 2,260 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 49 677 SH   DFND 1,2 677 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 38 491 SH   DFND 1,2 491 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 41 1,734 SH   DFND 1,2 1,734 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 21 500 SH   DFND 1,2 500 0 0
SEMGROUP CORP CL A 81663A105 50 1,723 SH   DFND 1,2 1,723 0 0
SILVER BAY RLTY TR CORP COM 82735Q102 554 35,369 SH   DFND 1,2 35,369 0 0
SMUCKER J M CO COM NEW 832696405 348 2,823 SH   DFND 1,2 2,823 0 0
SOLARWINDS INC COM 83416B109 1,154 19,590 SH   DFND 1,2 19,590 0 0
SOLERA HOLDINGS INC COM 83421A104 1,254 22,870 SH   DFND 1,2 22,870 0 0
SOUTHERN COPPER CORP COM 84265V105 669 25,626 SH   DFND 1,2 25,626 0 0
STAG INDL INC COM 85254J102 1,323 71,714 SH   DFND 1,2 71,714 0 0
STANCORP FINL GROUP INC COM 852891100 1,366 11,992 SH   DFND 1,2 11,992 0 0
STONE ENERGY CORP COM 861642106 9 2,186 SH   DFND 1,2 2,186 0 0
SUMMIT HOTEL PPTYS COM 866082100 1,064 89,014 SH   DFND 1,2 89,014 0 0
SUPERIOR ENERGY SVCS INC COM 868157108 79 5,901 SH   DFND 1,2 5,901 0 0
SYMETRA FINL CORP COM 87151Q106 585 18,413 SH   DFND 1,2 18,413 0 0
SYNERGY RES CORP COM 87164P103 30 3,573 SH   DFND 1,2 3,573 0 0
TECO ENERGY INC COM 872375100 625 23,470 SH   DFND 1,2 23,470 0 0
TEREX CORP NEW COM 880779103 940 50,847 SH   DFND 1,2 50,847 0 0
TESCO CORP COM 88157K101 10 1,443 SH   DFND 1,2 1,443 0 0
TESORO LOGISTICS LP COM UNIT LP 88160T107 112 2,222 SH   DFND 1,2 2,222 0 0
TIME WARNER CABLE INC COM 88732J207 7,632 41,125 SH   DFND 1,2 41,125 0 0
TURQUOISE HILL RES LTD COM 900435108 212 83,375 SH   DFND 1,2 83,375 0 0
TYSON FOODS INC CL A 902494103 2,650 49,694 SH   DFND 1,2 49,694 0 0
VALERO ENERGY CORP NEW COM 91913Y100 51 715 SH   DFND 1,2 715 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 98,193 1,234,041 SH   DFND 1,2 1,234,041 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 122,443 1,516,131 SH   DFND 1,2 1,516,131 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 15,078 410,590 SH   DFND 1,2 410,590 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 2,008 61,405 SH   DFND 1,2 61,405 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 2,752 55,156 SH   DFND 1,2 55,156 0 0
VANGUARD WORLD FDS CONSUM DIS ETF 92204A108 7 55 SH   DFND 1,2 55 0 0
VANGUARD WORLD FDS FINANCIALS ETF 92204A405 7 147 SH   DFND 1,2 147 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 20 153 SH   DFND 1,2 153 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 13 120 SH   DFND 1,2 120 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 47 497 SH   DFND 1,2 497 0 0
VANGUARD SCOTTSDALE FDS VNG RUS2000IDX 92206C664 1 14 SH   DFND 1,2 14 0 0
VANGUARD INDEX FDS REIT ETF 922908553 1,019 12,777 SH   DFND 1,2 12,777 0 0
VANGUARD INDEX FDS SML CP GRW ETF 922908595 31,443 258,913 SH   DFND 1,2 258,913 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 296 2,993 SH   DFND 1,2 2,993 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 8,898 83,643 SH   DFND 1,2 83,643 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 12,415 152,289 SH   DFND 1,2 152,289 0 0
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 1,937 71,568 SH   DFND 1,2 71,568 0 0
WESTERN ASSET MTG CAP CORP COM 95790D105 437 42,751 SH   DFND 1,2 42,751 0 0
WESTERN REFNG INC COM 959319104 98 2,749 SH   DFND 1,2 2,749 0 0
WILLIAMS COS INC DEL COM 969457100 27 1,038 SH   DFND 1,2 1,038 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 450 34,732 SH   DFND 1,2 34,732 0 0
WISDOMTREE TR EMERG CUR STR FD 97717W133 240 14,299 SH   DFND 1,2 14,299 0 0
WISDOMTREE TR INTL SMCAP DIV 97717W760 354 6,083 SH   DFND 1,2 6,083 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 1,520 44,343 SH   DFND 1,2 44,343 0 0
XYLEM INC COM 98419M100 84 2,291 SH   DFND 1,2 2,291 0 0