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
ABBVIE INC - WHEN ISSUE COM 00287Y109 583 9,966 SH   SOLE   9,966 0 0
ACTAVIS PLC SHS G0083B108 515 1,729 SH   SOLE   1,729 0 0
ADT CORP COM 00101J106 815 19,636 SH   SOLE   19,636 0 0
AGL RESOURCES INC COM 001204106 278 5,600 SH   OTR 1 0 5,600 0
AIRGAS INC COM 009363102 53 500 SH   OTR 1 0 500 0
AKAMAI TECHNOLOGIES COM 00971T101 340 4,787 SH   SOLE   4,787 0 0
ALLEGION PLC ORD SHS G0176J109 780 12,748 SH   SOLE   12,748 0 0
ALLSTATE CORP COM 020002101 455 6,400 SH   OTR 1 0 6,400 0
ALLY FINANCIAL INC COM 02005N100 331 15,763 SH   SOLE   15,763 0 0
ALTISOURCE ASSET MANAGEMENT COM 02153X108 83 449 SH   SOLE   449 0 0
ALTISOURCE RESIDENTIAL CORP CL B 02153W100 243 11,657 SH   SOLE   11,657 0 0
ALTRIA GROUP INC COM 02209S103 405 8,100 SH   OTR 1 0 8,100 0
AMERICA MOVIL-ADR SERIES L SPON ADR L SHS 02364W105 6,324 309,100 SH   SOLE   309,100 0 0
AMERICAN INTERNATIONAL GROUP COM NEW 026874784 340 6,208 SH   SOLE   6,208 0 0
AMERICAN TOWER CORP-CL A COM 03027X100 18,242 193,752 SH   SOLE 2 193,752 0 0
AMERICAN TOWER CORP-CL A COM 03027X100 329 3,494 SH   SOLE   3,494 0 0
AMERISOURCEBERGEN CORP COM 03073E105 466 4,100 SH   OTR 1 0 4,100 0
APARTMENT INVT & MGMT CO -A CL A 03748R101 295 7,500 SH   OTR 1 0 7,500 0
APPLE INC COM 037833100 326 2,623 SH   SOLE   2,623 0 0
AT&T INC COM 00206R102 402 12,300 SH   OTR 1 0 12,300 0
AUTOMATIC DATA PROCESSING COM 053015103 283 3,300 SH   OTR 1 0 3,300 0
AUTOZONE INC COM 053332102 136 200 SH   OTR 1 0 200 0
AVALONBAY COMMUNITIES INC COM 053484101 436 2,500 SH   OTR 1 0 2,500 0
BAIDU INC - SPON ADR SPON ADR REP A 056752108 34 163 SH   SOLE   163 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 347 8,625 SH   SOLE   8,625 0 0
BARD (C.R.) INC COM 067383109 151 900 SH   OTR 1 0 900 0
BAXTER INTERNATIONAL INC COM 071813109 418 6,100 SH   OTR 1 0 6,100 0
BLACKHAWK NETWORK HD - B CL B 09238E203 390 10,960 SH   SOLE   10,960 0 0
BOSTON PROPERTIES INC COM 101121101 98 700 SH   OTR 1 0 700 0
BROOKFIELD PROPERTY PARTNERS UNIT LTD PARTN G16249107 722 29,763 SH   SOLE   29,763 0 0
C.H. ROBINSON WORLDWIDE INC COM NEW 12541W209 441 6,027 SH   OTR 1 0 6,027 0
CANADIAN PACIFIC RAILWAY LTD COM 13645T100 322 1,761 SH   SOLE   1,761 0 0
CARDINAL HEALTH INC COM 14149Y108 99 1,100 SH   OTR 1 0 1,100 0
CARETRUST REIT INC COM 14174T107 155 11,439 SH   SOLE   11,439 0 0
CARNIVAL CORP PAIRED CTF 143658300 77 1,600 SH   OTR 1 0 1,600 0
CDW CORP/DE COM 12514G108 333 8,954 SH   SOLE   8,954 0 0
CELANESE CORP-SERIES A COM SER A 150870103 327 5,850 SH   SOLE   5,850 0 0
CENTURYLINK INC COM 156700106 117 3,400 SH   OTR 1 0 3,400 0
CHEETAH MOBILE INC - ADR ADR 163075104 5,185 303,420 SH   SOLE   303,420 0 0
CHUBB CORP COM 171232101 253 2,500 SH   OTR 1 0 2,500 0
CIGNA CORP COM 125509109 466 3,600 SH   OTR 1 0 3,600 0
CINCINNATI FINANCIAL CORP COM 172062101 181 3,400 SH   OTR 1 0 3,400 0
CISCO SYSTEMS INC COM 17275R102 429 15,600 SH   OTR 1 0 15,600 0
CITIGROUP INC COM NEW 172967424 339 6,574 SH   SOLE   6,574 0 0
CIVEO CORP COM 178787107 55 21,764 SH   SOLE   21,764 0 0
CLOROX COMPANY COM 189054109 464 4,200 SH   OTR 1 0 4,200 0
COLGATE-PALMOLIVE CO COM 194162103 444 6,400 SH   OTR 1 0 6,400 0
CONAGRA FOODS INC COM 205887102 263 7,200 SH   OTR 1 0 7,200 0
CONSOLIDATED EDISON INC COM 209115104 403 6,600 SH   OTR 1 0 6,600 0
CONSUMER DISCRETIONARY SELT SBI CONS DISCR 81369Y407 7,137 94,714 SH   SOLE   71,483 0 23,231
COSTCO WHOLESALE CORP COM 22160K105 470 3,100 SH   OTR 1 0 3,100 0
CROWN CASTLE INTL CORP COM 22822V101 315 3,818 SH   SOLE   3,818 0 0
CROWN CASTLE INTL CORP COM 22822V101 41 500 SH   OTR 1 0 500 0
CST BRANDS INC COM 12646R105 693 15,817 SH   SOLE   15,817 0 0
DARDEN RESTAURANTS INC COM 237194105 104 1,500 SH   OTR 1 0 1,500 0
DARLING IINGREDIENTS INC COM 237266101 270 19,284 SH   SOLE   19,284 0 0
DAVITA HEALTHCARE PARTNERS INC COM 23918K108 463 5,700 SH   OTR 1 0 5,700 0
DENTSPLY INTERNATIONAL INC COM 249030107 356 7,000 SH   OTR 1 0 7,000 0
DOLLAR TREE INC COM 256746108 446 5,500 SH   OTR 1 0 5,500 0
DR HORTON INC COM 23331A109 352 12,352 SH   SOLE   12,352 0 0
DTE ENERGY COMPANY COM 233331107 210 2,600 SH   OTR 1 0 2,600 0
DUKE ENERGY CORP COM NEW 26441C204 138 1,800 SH   OTR 1 0 1,800 0
DUNKIN' BRANDS GROUP INC COM 265504100 343 7,209 SH   SOLE   7,209 0 0
EBAY INC COM 278642103 346 6,000 SH   OTR 1 0 6,000 0
EDISON INTERNATIONAL COM 281020107 12 200 SH   OTR 1 0 200 0
EMC CORP/MASS COM 268648102 125 4,900 SH   OTR 1 0 4,900 0
ENERGY SELECT SECTOR SPDR SBI INT-ENERGY 81369Y506 1,131 14,574 SH   SOLE   9,924 0 4,650
ENGILITY HOLDINGS INC COM 29286C107 109 3,612 SH   SOLE   3,612 0 0
ENTERGY CORP COM 29364G103 387 5,000 SH   OTR 1 0 5,000 0
ENTERPRISE PRODUCTS PARTNERS COM 293792107 327 9,942 SH   SOLE   9,942 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 288 3,700 SH   OTR 1 0 3,700 0
ERA GROUP INC COM 26885G109 87 4,184 SH   SOLE   4,184 0 0
EVERSOURCE ENERGY COM 30040W108 192 3,800 SH   OTR 1 0 3,800 0
EXPEDITORS INTL WASH INC COM 302130109 169 3,500 SH   OTR 1 0 3,500 0
EXPRESS SCRIPTS HOLDING CO COM 30219G108 113 1,300 SH   OTR 1 0 1,300 0
EXTENDED STAY AMERICA INC UNIT 99/99/9999B 30224P200 51 2,599 SH   SOLE   2,599 0 0
FACEBOOK INC-A CL A 30303M102 360 4,383 SH   SOLE   4,383 0 0
FINANCIAL SELECT SECTOR SPDR SBI INT-FINL 81369Y605 6,670 276,667 SH   SOLE   206,590 0 70,077
FLEETCOR TECHNOLOGIES INC COM 339041105 335 2,218 SH   SOLE   2,218 0 0
FMC CORP COM NEW 302491303 305 5,320 SH   SOLE   5,320 0 0
FOSSIL GROUP INC COM 34988V106 157 1,900 SH   OTR 1 0 1,900 0
FTD COS INC COM 30281V108 122 4,064 SH   SOLE   4,064 0 0
GENERAL MILLS INC COM 370334104 192 3,400 SH   OTR 1 0 3,400 0
GENERAL MOTORS CO COM 37045V100 341 9,087 SH   SOLE   9,087 0 0
GLOBAL X GURU INDEX ETF GLB X GURU INDEX 37950E341 6,229 237,398 SH   SOLE   0 0 237,398
GUGGENHEIM CHINA SMALL CAP E GUGG CHN SML CAP 18383Q853 11,906 439,669 SH   SOLE   439,669 0 0
GUGGENHEIM ENHANCED SHORT DU GUGG ENH SHT DUR 18383M654 32,996 659,122 SH   SOLE   659,122 0 0
GUGGENHEIM FRONTIER MARKETS GUGG FRNTR MKT 18383Q838 2,934 216,347 SH   SOLE   216,347 0 0
GUGGENHEIM SPIN-OFF ETF GUGG SPINOFF ETF 18383M605 6,505 136,911 SH   SOLE   0 0 136,911
HARRIS CORP COM 413875105 71 900 SH   OTR 1 0 900 0
HARVARD APPARATUS REGENERATIVE TECHNOLOGY COM 41690A106 5 1,464 SH   SOLE   1,464 0 0
HASBRO INC COM 418056107 462 7,300 SH   OTR 1 0 7,300 0
HCP INC COM 40414L109 410 9,500 SH   OTR 1 0 9,500 0
HEALTH CARE REIT INC COM 42217K106 418 5,400 SH   OTR 1 0 5,400 0
HEALTH CARE SELECT SECTOR SBI HEALTHCARE 81369Y209 2,904 40,058 SH   SOLE   27,531 0 12,527
HERSHEY CO/THE COM 427866108 232 2,300 SH   OTR 1 0 2,300 0
HEWLETT-PACKARD CO COM 428236103 0 0 SH   OTR 1 0 0 0
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 399 17,011 SH   SOLE   17,011 0 0
HUDSON CITY BANCORP INC COM 443683107 466 44,500 SH   OTR 1 0 44,500 0
HYSTER-YAL MATERIALS - W/I CL A 449172105 249 3,392 SH   SOLE   3,392 0 0
INDUSTRIAL SELECT SECT SPDR SBI INT-INDS 81369Y704 10,073 180,612 SH   SOLE   132,175 0 48,437
INTL BUSINESS MACHINES CORP COM 459200101 385 2,400 SH   OTR 1 0 2,400 0
INTUIT INC COM 461202103 116 1,200 SH   OTR 1 0 1,200 0
IQ MERGER ARBITRAGE ETF IQ MRGR ARB ETF 45409B800 16,371 567,655 SH   SOLE   567,655 0 0
ISHARES 10+ YEAR CREDIT BOND BND ETFUND 10+ YR CR BD ETF 464289511 22,811 364,400 SH   SOLE 2 364,400 0 0
ISHARES 20+ YEAR TREASURY BOND ETF 20+ YR TR BD ETF 464287432 10,044 76,850 SH   SOLE 2 76,850 0 0
ISHARES 7-10 YEAR TREASURY BOND ETF 7-10 Y TR BD ETF 464287440 14,131 130,371 SH   SOLE 2 130,371 0 0
ISHARES 7-10 YEAR TREASURY ETF 7-10 Y TR BD ETF 464287440 27,510 253,803 SH   SOLE   253,803 0 0
ISHARES CHINA LARGE-CAP ETF CHINA LG-CAP ETF 464287184 5,939 133,758 SH   SOLE   133,758 0 0
ISHARES CORE S&P 500 ETF CORE S&P500 ETF 464287200 24,405 117,430 SH   SOLE   78,291 0 39,139
ISHARES CORE US AGGREGATE BOND ETF CORE US AGGBD ET 464287226 28,039 251,633 SH   SOLE 2 251,633 0 0
ISHARES IBOXX $ INVESTMENT GRADE CORP BD IBOXX INV CP ETF 464287242 27,051 222,255 SH   SOLE 2 222,255 0 0
ISHARES INTERMEDIATE CREDIT BOND ETF INTERM CR BD ETF 464288638 19,927 180,056 SH   SOLE 2 180,056 0 0
ISHARES INTERMEDIATE GOVERNM INTRM GOV/CR ETF 464288612 57,678 515,906 SH   SOLE   515,906 0 0
ISHARES MSCI ALL COUNTRY ASI MSCI AC ASIA ETF 464288182 13,012 203,320 SH   SOLE   203,320 0 0
ISHARES MSCI EAFE ETF MSCI EAFE ETF 464287465 9,969 155,350 SH   SOLE 2 155,350 0 0
ISHARES MSCI FRONTIER 100 MSCI FRNTR100ETF 464286145 7,564 254,345 SH   SOLE   254,345 0 0
ISHARES MSCI GERMANY ETF MSCI GERMANY ETF 464286806 5,480 183,653 SH   SOLE   183,653 0 0
ISHARES MSCI INDIA ETF MSCI INDIA ETF 46429B598 3,373 105,466 SH   SOLE   105,466 0 0
ISHARES MSCI PHILIPPINES MSCI PHILIPS ETF 46429B408 6,202 149,093 SH   SOLE   149,093 0 0
ISHARES MSCI POLAND CAPPED E MSCI POL CAP ETF 46429B606 625 26,731 SH   SOLE   26,731 0 0
ISHARES MSCI SPAIN CAPPED ET MSCI SPAN CP ETF 464286764 2,113 60,755 SH   SOLE   60,755 0 0
ISHARES MSCI UNITED KINGDOM MSCI UTD KNGDM 46434V548 4,748 263,623 SH   SOLE   263,623 0 0
ISHARES NORTH AMERICAN TECH- NA TEC-SFTWR ETF 464287515 781 8,129 SH   SOLE   5,536 0 2,593
ISHARES RUSSELL 1000 ETF RUS 1000 ETF 464287622 7,002 60,436 SH   SOLE 2 60,436 0 0
ISHARES RUSSELL 1000 VALUE RUS 1000 VAL ETF 464287598 3,681 35,706 SH   SOLE   35,706 0 0
ISHARES RUSSELL 2000 RUSSELL 2000 ETF 464287655 57,059 458,784 SH   SOLE   433,423 0 25,361
ISHARES RUSSELL 3000 ETF RUSSELL 3000 ETF 464287689 7,014 56,635 SH   SOLE 2 56,635 0 0
ISHARES USTECHNOLOGY ETF U.S. TECH ETF 464287721 3,879 36,961 SH   SOLE   25,151 0 11,810
JM SMUCKER CO/THE-NEW COMMON COM NEW 832696405 231 2,000 SH   OTR 1 0 2,000 0
JOHNSON & JOHNSON COM 478160104 252 2,500 SH   OTR 1 0 2,500 0
JPMORGAN CHASE & CO COM 46625H100 346 5,708 SH   SOLE   5,708 0 0
KELLOGG CO COM 487836108 350 5,300 SH   OTR 1 0 5,300 0
KIMBERLY-CLARK CORP COM 494368103 418 3,900 SH   OTR 1 0 3,900 0
KIMCO REALTY CORP COM 49446R109 442 16,478 SH   OTR 1 0 16,478 0
KNOWLES CORP COM 49926D109 357 18,545 SH   SOLE   18,545 0 0
KOHLS CORP COM 500255104 39 500 SH   OTR 1 0 500 0
KRAFT FOODS GROUP INC COM 50076Q106 1,001 11,492 SH   SOLE   11,492 0 0
LABORATORY CRP OF AMER HLDGS COM NEW 50540R409 454 3,600 SH   OTR 1 0 3,600 0
LANDS END INC COM 51509F105 228 6,348 SH   SOLE   6,348 0 0
LIBERTY GLOBAL INC-SERIES C SHS CL C G5480U120 330 6,619 SH   SOLE   6,619 0 0
LIBERTY MEDIA CORP A CL A 531229102 737 19,106 SH   SOLE   19,106 0 0
LINKEDIN CORP - A COM CL A 53578A108 315 1,261 SH   SOLE   1,261 0 0
M & T BANK CORP COM 55261F104 343 2,700 SH   OTR 1 0 2,700 0
MALLINCKRODT SHS G5785G107 938 7,407 SH   SOLE   7,407 0 0
MARKET VECTORS AFRICA INDEX AFRICA ETF 57060U787 7,915 316,456 SH   SOLE   316,456 0 0
MARKET VECTORS EMERGING MARK EM LC CURR DBT 57060U522 3,147 156,418 SH   SOLE   156,418 0 0
MARSH & MCLENNAN COS COM 571748102 280 5,000 SH   OTR 1 0 5,000 0
MASTERCARD INC-CLASS A CL A 57636Q104 331 3,834 SH   SOLE   3,834 0 0
MATTEL INC COM 577081102 53 2,300 SH   OTR 1 0 2,300 0
MCCORMICK & CO-NON VTG SHRS COM NON VTG 579780206 463 6,000 SH   OTR 1 0 6,000 0
MCDONALD'S CORP COM 580135101 448 4,600 SH   OTR 1 0 4,600 0
MCKESSON CORP COM 58155Q103 181 800 SH   OTR 1 0 800 0
MICHAELS COS INC/THE COM 59408Q106 331 12,221 SH   SOLE   12,221 0 0
MICRON TECHNOLOGY INC COM 595112103 287 10,575 SH   SOLE   10,575 0 0
MONDELEZ INTERNATIONAL INC CL A 609207105 331 9,160 SH   SOLE   9,160 0 0
MOODY'S CORP COM 615369105 357 3,440 SH   SOLE   3,440 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 326 4,890 SH   SOLE   4,890 0 0
MOTOROLA SOLUTIONS INC COM NEW 620076307 433 6,500 SH   OTR 1 0 6,500 0
MURPHY USA INC COM 626755102 682 9,429 SH   SOLE   9,429 0 0
NAVIENT CORP COM 63938C108 673 33,110 SH   SOLE   33,110 0 0
NETAPP INC COM 64110D104 202 5,700 SH   OTR 1 0 5,700 0
NEW MEDIA INVESTMENT GROUP COM 64704V106 183 7,648 SH   SOLE   7,648 0 0
NEW RESIDENTIAL INVESTMENT COM NEW 64828T201 441 29,370 SH   SOLE   29,370 0 0
NEWS CORP-NEW CL A CL A 65249B109 708 44,229 SH   SOLE   44,229 0 0
NIKE INC -CL B CL B 654106103 362 3,607 SH   SOLE   3,607 0 0
NORDSTROM INC COM 655664100 458 5,700 SH   OTR 1 0 5,700 0
NOW INC COM 67011P100 481 22,245 SH   SOLE   22,245 0 0
ONE GAS INC COM 68235P108 470 10,878 SH   SOLE   10,878 0 0
OWENS-ILLINOIS INC COM NEW 690768403 295 12,671 SH   SOLE   12,671 0 0
PANDORA MEDIA INC COM 698354107 371 22,885 SH   SOLE   22,885 0 0
PATTERSON COS INC COM 703395103 439 9,000 SH   OTR 1 0 9,000 0
PAYCHEX INC COM 704326107 449 9,046 SH   OTR 1 0 9,046 0
PEOPLE'S UNITED FINANCIAL COM 712704105 458 30,100 SH   OTR 1 0 30,100 0
PHILIP MORRIS INTERNATIONAL COM 718172109 136 1,800 SH   OTR 1 0 1,800 0
PIMCO ENHANCED SHORT MATURIT ENHAN SHRT MA AC 72201R833 54,551 539,315 SH   SOLE   539,315 0 0
PINNACLE WEST CAPITAL COM 723484101 153 2,400 SH   OTR 1 0 2,400 0
PLUM CREEK TIMBER CO COM 729251108 469 10,800 SH   OTR 1 0 10,800 0
POWERSHARES DB US DOL IND BU DOLL INDX BULL 73936D107 9,609 371,015 SH   SOLE   371,015 0 0
POWERSHARES S&P 500 LOW VOLA S&P500 LOW VOL 73937B779 47 1,247 SH   OTR 1 0 1,247 0
PRAXAIR INC COM 74005P104 193 1,600 SH   OTR 1 0 1,600 0
PROCTER & GAMBLE CO COM 742718109 74 900 SH   OTR 1 0 900 0
PROGRESSIVE CORP COM 743315103 207 7,600 SH   OTR 1 0 7,600 0
PROSHARES ULTRASHORT EURO ULTRASHRT EURO 74347W882 4,205 156,022 SH   SOLE   156,022 0 0
PROSHARES ULTRASHORT YEN ULTRASHORT YEN N 74347W569 5,324 59,877 SH   SOLE   59,877 0 0
PROTHENA CORP PLC SHS G72800108 210 5,500 SH   SOLE   5,500 0 0
PUBLIC STORAGE COM 74460D109 440 2,234 SH   OTR 1 0 2,234 0
QUEST DIAGNOSTICS COM 74834L100 430 5,600 SH   OTR 1 0 5,600 0
RADWARE LTD ORD M81873107 294 14,070 SH   SOLE   14,070 0 0
REPUBLIC SERVICES INC COM 760759100 373 9,200 SH   OTR 1 0 9,200 0
ROSS STORES INC COM 778296103 421 4,000 SH   OTR 1 0 4,000 0
RR DONNELLEY & SONS CO COM 257867101 362 18,884 SH   SOLE   18,884 0 0
SCANA CORP COM 80589M102 165 3,000 SH   OTR 1 0 3,000 0
SCIENCE APPLICATIONS INTE COM 808625107 510 9,936 SH   SOLE   9,936 0 0
SHIRE PLC-ADR SPONSORED ADR 82481R106 1,015 4,242 SH   SOLE   4,242 0 0
SIBANYE GOLD- SPON ADR SPONSORED ADR 825724206 1,635 191,664 SH   SOLE   191,664 0 0
SILVER BAY REALTY TRUST CO COM 82735Q102 124 7,689 SH   SOLE   7,689 0 0
SIMON PROPERTY GROUP INC COM 828806109 411 2,100 SH   OTR 1 0 2,100 0
SIZMEK INC COM 83013P105 44 6,008 SH   SOLE   6,008 0 0
SOUTHERN CO COM 842587107 394 8,891 SH   OTR 1 0 8,891 0
SPDR BARCLAYS HIGH YIELD BOND ETF BRC HGH YLD BD 78464A417 6,955 177,333 SH   SOLE 2 177,333 0 0
SPDR BARCLAYS LONG TERM CORPORATE LNG TRM CORP BD 78464A367 5,713 134,900 SH   SOLE 2 134,900 0 0
SPDR EURO STOXX 50 ETF EURO STOXX 50 78463X202 5,502 141,719 SH   SOLE   141,719 0 0
SPDR S&P EMERGING MKTS SMALL S&P EMKTSC ETF 78463X756 6,934 154,940 SH   SOLE   154,940 0 0
SPIRIT AEROSYSTEMS HOLD-CL A COM CL A 848574109 354 6,784 SH   SOLE   6,784 0 0
STARWOOD WAYPOINT RESIDE COM SHS 85571W109 198 7,668 SH   SOLE   7,668 0 0
STERICYCLE INC COM 858912108 463 3,300 SH   OTR 1 0 3,300 0
STRAIGHT PATH COMMUNICATIONS INC CL B 862578101 48 2,398 SH   SOLE   2,398 0 0
STRYKER CORP COM 863667101 148 1,600 SH   OTR 1 0 1,600 0
SYSCO CORP COM 871829107 415 11,000 SH   OTR 1 0 11,000 0
TARGET CORP COM 87612E106 320 3,900 SH   OTR 1 0 3,900 0
TECO ENERGY INC COM 872375100 229 11,800 SH   OTR 1 0 11,800 0
THE INTERPUBLIC GROUP OF COMPANIES COM 460690100 168 7,584 SH   SOLE 2 7,584 0 0
THERAVANCE BIOPHARMA INC COM G8807B106 116 6,709 SH   SOLE   6,709 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 355 2,642 SH   SOLE   2,642 0 0
TORCHMARK CORP COM 891027104 189 3,450 SH   OTR 1 0 3,450 0
TOTAL SYSTEM SERVICES INC COM 891906109 195 5,100 SH   OTR 1 0 5,100 0
TRAVELERS COS INC/THE COM 89417E109 454 4,200 SH   OTR 1 0 4,200 0
UNITED PARCEL SERVICE-CL B CL B 911312106 97 1,000 SH   OTR 1 0 1,000 0
UNITEDHEALTH GROUP INC COM 91324P102 177 1,500 SH   OTR 1 0 1,500 0
URBAN OUTFITTERS INC COM 917047102 256 5,600 SH   OTR 1 0 5,600 0
US BANCORP COM NEW 902973304 26 600 SH   OTR 1 0 600 0
VANGUARD EXTENDED DURATION TREASURY ETF EXTENDED DUR 921910709 8,131 62,634 SH   SOLE   62,634 0 0
VANGUARD FTSE DEVELOPED MARKETS ETF FTSE DEV MKT ETF 921943858 4,259 106,917 SH   SOLE 2 106,917 0 0
VANGUARD INFO TECH ETF INF TECH ETF 92204A702 30,188 283,398 SH   SOLE   177,238 0 106,160
VANGUARD INTERMEDIATE TERM CORPORA INT-TERM CORP 92206C870 11,410 130,100 SH   SOLE 2 130,100 0 0
VANGUARD LONG TERM BOND INDEX FUND LONG TERM BOND 921937793 11,481 119,200 SH   SOLE 2 119,200 0 0
VANGUARD LONG TERM CORPORATE BOND LG-TERM COR BD 92206C813 40,075 425,900 SH   SOLE 2 425,900 0 0
VANGUARD MID-CAP VALUE ETF MCAP VL IDXVIP 922908512 9,113 99,151 SH   SOLE   99,151 0 0
VANGUARD REIT INDEX FUND ETF REIT ETF 922908553 7,225 85,700 SH   SOLE 2 85,700 0 0
VANGUARD S/T INFL PROT SEC INDEX FUND STRM INFPROIDX 922020805 16,179 333,853 SH   SOLE   333,853 0 0
VANGUARD TELECOM SERVICE ETF TELCOMM ETF 92204A884 273 3,163 SH   SOLE   1,836 0 1,327
VANGUARD TOTAL BOND MARKET INDEX F TOTAL BND MRKT 921937835 28,019 336,083 SH   SOLE 2 336,083 0 0
VANGUARD TOTAL STOCK MARKET INDEX TOTAL STK MKT 922908769 14,007 130,606 SH   SOLE 2 130,606 0 0
VARIAN MEDICAL SYSTEMS INC COM 92220P105 188 2,000 SH   OTR 1 0 2,000 0
VENTAS INC COM 92276F100 29 400 SH   OTR 1 0 400 0
VERISIGN INC COM 92343E102 475 7,100 SH   OTR 1 0 7,100 0
VERIZON COMMUNICATIONS INC COM 92343V104 399 8,200 SH   OTR 1 0 8,200 0
VISA INC-CLASS A SHARES COM CL A 92826C839 105 1,600 SH   OTR 1 0 1,600 0
VOYA FINANCIAL INC COM 929089100 329 7,638 SH   SOLE   7,638 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 229 2,700 SH   OTR 1 0 2,700 0
WAL-MART STORES INC COM 931142103 428 5,200 SH   OTR 1 0 5,200 0
WHITEWAVE FOODS CO - A COM 966244105 895 20,192 SH   SOLE   20,192 0 0
WHOLE FOODS MARKET INC COM 966837106 89 1,700 SH   OTR 1 0 1,700 0
WILLIAMS COS INC COM 969457100 350 6,913 SH   SOLE   6,913 0 0
WINDSTREAM CORP COM 97382A101 215 29,100 SH   OTR 1 0 29,100 0
WISDOMTREE EUROPE HEDGED EQU EUROPE HEDGED EQ 97717X701 5,659 85,559 SH   SOLE   85,559 0 0
WISDOMTREE JAPAN HEDGED EQ JAPN HEDGE EQT 97717W851 27,846 505,189 SH   SOLE   505,189 0 0
WP GLIMCHER INC COM 92939N102 527 31,707 SH   SOLE   31,707 0 0
XCEL ENERGY INC COM 98389B100 174 5,000 SH   OTR 1 0 5,000 0
XL CAPITAL PLC SHS G98290102 394 10,700 SH   OTR 1 0 10,700 0
ZOETIS INC CL A 98978V103 734 15,865 SH   SOLE   15,865 0 0
ZOETIS INC CL A 98978V103 380 8,200 SH   OTR 1 0 8,200 0