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 134 9,320 SH   DFND 01, 02 9,320 0 0
BUNGE LIMITED COM G16962105 75 822 SH   DFND 01, 02 822 0 0
COVIDIEN PLC SHS G2554F113 5,618 54,931 SH   DFND 01, 02 54,931 0 0
ROWAN COMPANIES PLC SHS CL A G7665A101 78 3,325 SH   DFND 01, 02 3,325 0 0
PENTAIR PLC SHS G7S00T104 987 14,862 SH   DFND 01, 02 14,862 0 0
ADECOAGRO S A COM L00849106 440 54,887 SH   DFND 01, 02 54,887 0 0
PROSENSA HLDG N V SHS USD N71546100 333 17,738 SH   DFND 01, 02 17,738 0 0
OCEAN RIG UDW INC SHS Y64354205 12 1,254 SH   DFND 01, 02 1,254 0 0
AG MTG INVT TR INC COM 001228105 523 28,167 SH   DFND 01, 02 28,167 0 0
ACADIA RLTY TR COM SH BEN INT 004239109 2,164 67,572 SH   DFND 01, 02 67,572 0 0
ALCOA INC COM 013817101 800 50,695 SH   DFND 01, 02 50,695 0 0
ALERE INC COM 01449J105 332 8,727 SH   DFND 01, 02 8,727 0 0
ALLERGAN INC COM 018490102 6,155 28,953 SH   DFND 01, 02 28,953 0 0
ALON USA ENERGY INC COM 020520102 8 665 SH   DFND 01, 02 665 0 0
ALON USA PARTNERS LP UT LTDPART INT 02052T109 4 306 SH   DFND 01, 02 306 0 0
AMERICAN RESIDENTIAL PPTYS I COM 02927E303 565 32,133 SH   DFND 01, 02 32,133 0 0
AMERICAN VANGUARD CORP COM 030371108 172 14,778 SH   DFND 01, 02 14,778 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103 717 13,458 SH   DFND 01, 02 13,458 0 0
ANADARKO PETE CORP COM 032511107 280 3,394 SH   DFND 01, 02 3,394 0 0
ANWORTH MORTGAGE ASSET CP COM 037347101 588 111,959 SH   DFND 01, 02 111,959 0 0
APACHE CORP COM 037411105 164 2,616 SH   DFND 01, 02 2,616 0 0
APOLLO COML REAL EST FIN INC COM 03762U105 765 46,789 SH   DFND 01, 02 46,789 0 0
APOLLO RESIDENTIAL MTG INC COM 03763V102 504 31,940 SH   DFND 01, 02 31,940 0 0
AQUA AMERICA INC COM 03836W103 356 13,326 SH   DFND 01, 02 13,326 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 202 3,890 SH   DFND 01, 02 3,890 0 0
ARES COML REAL ESTATE CORP COM 04013V108 299 26,058 SH   DFND 01, 02 26,058 0 0
ARMOUR RESIDENTIAL REIT INC COM 042315101 1,303 354,044 SH   DFND 01, 02 354,044 0 0
ASHFORD HOSPITALITY TR INC COM SHS 044103109 885 84,441 SH   DFND 01, 02 84,441 0 0
ASSOCIATED ESTATES RLTY CORP COM 045604105 1,304 56,176 SH   DFND 01, 02 56,176 0 0
ATLAS PIPELINE PARTNERS LP UNIT L P INT 049392103 319 11,695 SH   DFND 01, 02 11,695 0 0
AUXILIUM PHARMACEUTICALS INC COM 05334D107 678 19,727 SH   DFND 01, 02 19,727 0 0
AVIV REIT INC MD COM 05381L101 1,190 34,515 SH   DFND 01, 02 34,515 0 0
BAKER HUGHES INC COM 057224107 6,696 119,415 SH   DFND 01, 02 119,415 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 95 3,171 SH   DFND 01, 02 3,171 0 0
BONANZA CREEK ENERGY INC COM 097793103 21 875 SH   DFND 01, 02 875 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 2,831 177,135 SH   DFND 01, 02 177,135 0 0
CLECO CORP NEW COM 12561W105 1,015 18,604 SH   DFND 01, 02 18,604 0 0
CVR ENERGY INC COM 12662P108 16 412 SH   DFND 01, 02 412 0 0
CVR PARTNERS LP COM 126633106 193 19,824 SH   DFND 01, 02 19,824 0 0
CVR REFNG LP COMUNIT REP LT 12663P107 20 1,184 SH   DFND 01, 02 1,184 0 0
CALIFORNIA RES CORP COM 13057Q107 47 8,444 SH   DFND 01, 02 8,444 0 0
CAMPUS CREST CMNTYS INC COM 13466Y105 467 63,858 SH   DFND 01, 02 63,858 0 0
CAREFUSION CORP COM 14170T101 2,802 47,215 SH   DFND 01, 02 47,215 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 529 72,052 SH   DFND 01, 02 72,052 0 0
CHESAPEAKE LODGING TR SH BEN INT 165240102 2,010 54,021 SH   DFND 01, 02 54,021 0 0
CHEVRON CORP NEW COM 166764100 1,420 12,656 SH   DFND 01, 02 12,656 0 0
CHIQUITA BRANDS INTL INC COM 170032809 822 56,875 SH   DFND 01, 02 56,875 0 0
CLEARWATER PAPER CORP COM 18538R103 151 2,199 SH   DFND 01, 02 2,199 0 0
CLOUD PEAK ENERGY INC COM 18911Q102 274 29,884 SH   DFND 01, 02 29,884 0 0
COLONY FINL INC COM 19624R106 2,594 108,884 SH   DFND 01, 02 108,884 0 0
CONAGRA FOODS INC COM 205887102 90 2,492 SH   DFND 01, 02 2,492 0 0
CONOCOPHILLIPS COM 20825C104 562 8,137 SH   DFND 01, 02 8,137 0 0
CONSOL ENERGY INC COM 20854P109 3,812 112,749 SH   DFND 01, 02 112,749 0 0
COUSINS PPTYS INC COM 222795106 2,334 204,385 SH   DFND 01, 02 204,385 0 0
COVANCE INC COM 222816100 4,012 38,641 SH   DFND 01, 02 38,641 0 0
CREDIT SUISSE NASSAU BRH INVRS VIX MDTERM 22542D829 238 5,408 SH   DFND 01, 02 5,408 0 0
CURRENCYSHS JAPANESE YEN TR JAPANESE YEN 23130A102 4,027 49,587 SH   DFND 01, 02 49,587 0 0
CURRENCYSHARES EURO TR EURO SHS 23130C108 1,800 15,112 SH   DFND 01, 02 15,112 0 0
CYRUSONE INC COM 23283R100 971 35,262 SH   DFND 01, 02 35,262 0 0
DEVON ENERGY CORP NEW COM 25179M103 165 2,702 SH   DFND 01, 02 2,702 0 0
DIGITAL RIV INC COM 25388B104 363 14,681 SH   DFND 01, 02 14,681 0 0
DIRECTV COM 25490A309 3,305 38,122 SH   DFND 01, 02 38,122 0 0
DOMTAR CORP COM NEW 257559203 270 6,717 SH   DFND 01, 02 6,717 0 0
DRESSER-RAND GROUP INC COM 261608103 2,726 33,325 SH   DFND 01, 02 33,325 0 0
DYNEX CAP INC COM NEW 26817Q506 417 50,583 SH   DFND 01, 02 50,583 0 0
EOG RES INC COM 26875P101 333 3,622 SH   DFND 01, 02 3,622 0 0
EDUCATION RLTY TR INC COM NEW 28140H203 1,731 47,316 SH   DFND 01, 02 47,316 0 0
EMPIRE ST RLTY TR INC CL A 292104106 1,662 94,559 SH   DFND 01, 02 94,559 0 0
EXCEL TR INC COM 30068C109 757 56,517 SH   DFND 01, 02 56,517 0 0
EXXON MOBIL CORP COM 30231G102 2,648 28,646 SH   DFND 01, 02 28,646 0 0
FAMILY DLR STORES INC COM 307000109 3,408 43,029 SH   DFND 01, 02 43,029 0 0
FELCOR LODGING TR INC COM 31430F101 1,201 111,029 SH   DFND 01, 02 111,029 0 0
FIRST INDUSTRIAL REALTY TRUS COM 32054K103 2,214 107,662 SH   DFND 01, 02 107,662 0 0
FIRST POTOMAC RLTY TR COM 33610F109 713 57,719 SH   DFND 01, 02 57,719 0 0
FLOWSERVE CORP COM 34354P105 620 10,361 SH   DFND 01, 02 10,361 0 0
FRANKLIN STREET PPTYS CORP COM 35471R106 1,117 91,016 SH   DFND 01, 02 91,016 0 0
FREEPORT-MCMORAN INC CL B 35671D857 1,141 48,834 SH   DFND 01, 02 48,834 0 0
GENERAL MLS INC COM 370334104 194 3,645 SH   DFND 01, 02 3,645 0 0
GLIMCHER RLTY TR SH BEN INT 379302102 2,760 200,882 SH   DFND 01, 02 200,882 0 0
GOVERNMENT PPTYS INCOME TR COM SHS BEN INT 38376A103 1,602 69,630 SH   DFND 01, 02 69,630 0 0
GRAMERCY PPTY TR INC COM 38489R100 1,208 175,061 SH   DFND 01, 02 175,061 0 0
GULFMARK OFFSHORE INC CL A NEW 402629208 16 647 SH   DFND 01, 02 647 0 0
GULFPORT ENERGY CORP COM NEW 402635304 95 2,272 SH   DFND 01, 02 2,272 0 0
HALLIBURTON CO COM 406216101 221 5,628 SH   DFND 01, 02 5,628 0 0
HERSHA HOSPITALITY TR SH BEN INT A 427825104 1,365 194,132 SH   DFND 01, 02 194,132 0 0
HERSHEY CO COM 427866108 138 1,324 SH   DFND 01, 02 1,324 0 0
HORMEL FOODS CORP COM 440452100 4,707 90,342 SH   DFND 01, 02 90,342 0 0
HUDSON PAC PPTYS INC COM 444097109 1,723 57,307 SH   DFND 01, 02 57,307 0 0
ISTAR FINL INC COM 45031U101 1,122 82,185 SH   DFND 01, 02 82,185 0 0
IDEX CORP COM 45167R104 474 6,092 SH   DFND 01, 02 6,092 0 0
INDEPENDENCE RLTY TR INC COM 45378A106 229 24,588 SH   DFND 01, 02 24,588 0 0
INGREDION INC COM 457187102 37 442 SH   DFND 01, 02 442 0 0
INLAND REAL ESTATE CORP COM NEW 457461200 963 87,931 SH   DFND 01, 02 87,931 0 0
INTEGRYS ENERGY GROUP INC COM 45822P105 683 8,767 SH   DFND 01, 02 8,767 0 0
INTERNATIONAL GAME TECHNOLOG COM 459902102 566 32,795 SH   DFND 01, 02 32,795 0 0
INTERNATIONAL RECTIFIER CORP COM 460254105 1,174 29,421 SH   DFND 01, 02 29,421 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 1,908 123,424 SH   DFND 01, 02 123,424 0 0
INVESTORS REAL ESTATE TR SH BEN INT 461730103 974 119,245 SH   DFND 01, 02 119,245 0 0
ISHARES EMU ETF 464286608 30,634 843,222 SH   DFND 01, 02 843,222 0 0
ISHARES TR CORE S&P500 ETF 464287200 6 28 SH   DFND 01, 02 28 0 0
ISHARES TR CORE US AGGBD ET 464287226 78,727 714,921 SH   DFND 01, 02 714,921 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 19,313 491,561 SH   DFND 01, 02 491,561 0 0
ISHARES TR IBOXX INV CP ETF 464287242 5,589 46,802 SH   DFND 01, 02 46,802 0 0
ISHARES TR S&P 500 GRWT ETF 464287309 12,060 108,063 SH   DFND 01, 02 108,063 0 0
ISHARES TR S&P 500 VAL ETF 464287408 9,315 99,343 SH   DFND 01, 02 99,343 0 0
ISHARES TR 1-3 YR TR BD ETF 464287457 73,126 865,912 SH   DFND 01, 02 865,912 0 0
ISHARES TR MSCI EAFE ETF 464287465 8,180 134,443 SH   DFND 01, 02 134,443 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 27,530 263,697 SH   DFND 01, 02 263,697 0 0
ISHARES TR RUS 1000 GRW ETF 464287614 26,942 281,791 SH   DFND 01, 02 281,791 0 0
ISHARES TR RUS 2000 GRW ETF 464287648 79,952 561,541 SH   DFND 01, 02 561,541 0 0
ISHARES TR U.S. REAL ES ETF 464287739 3,541 46,085 SH   DFND 01, 02 46,085 0 0
ISHARES TR EUROPE ETF 464287861 11,442 269,038 SH   DFND 01, 02 269,038 0 0
ISHARES TR SP SMCP600GR ETF 464287887 34,495 281,849 SH   DFND 01, 02 281,849 0 0
ISHARES JP MOR EM MK ETF 464288281 26,841 244,652 SH   DFND 01, 02 244,652 0 0
ISHARES CORE US CR BD 464288620 19 172 SH   DFND 01, 02 172 0 0
ISHARES SHRT TRS BD ETF 464288679 68,880 624,762 SH   DFND 01, 02 624,762 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 33 2,219 SH   DFND 01, 02 2,219 0 0
JP ENERGY PARTNERS LP UNT REPST LTD 46643C109 5 370 SH   DFND 01, 02 370 0 0
JOY GLOBAL INC COM 481165108 2,271 48,810 SH   DFND 01, 02 48,810 0 0
KAPSTONE PAPER & PACKAGING C COM 48562P103 295 10,059 SH   DFND 01, 02 10,059 0 0
KELLOGG CO COM 487836108 140 2,132 SH   DFND 01, 02 2,132 0 0
KENNEDY-WILSON HLDGS INC COM 489398107 1,755 69,366 SH   DFND 01, 02 69,366 0 0
KEY ENERGY SVCS INC COM 492914106 6 3,521 SH   DFND 01, 02 3,521 0 0
KINDER MORGAN INC DEL COM 49456B101 289 6,831 SH   DFND 01, 02 6,831 0 0
KITE RLTY GROUP TR COM NEW 49803T300 2,387 83,058 SH   DFND 01, 02 83,058 0 0
LEGACY RESVS LP UNIT LP INT 524707304 18 1,581 SH   DFND 01, 02 1,581 0 0
LEXINGTON REALTY TRUST COM 529043101 2,069 188,405 SH   DFND 01, 02 188,405 0 0
LINDSAY CORP COM 535555106 582 6,790 SH   DFND 01, 02 6,790 0 0
LORILLARD INC COM 544147101 1,994 31,688 SH   DFND 01, 02 31,688 0 0
LOUISIANA PAC CORP COM 546347105 246 14,847 SH   DFND 01, 02 14,847 0 0
MACK CALI RLTY CORP COM 554489104 1,528 80,170 SH   DFND 01, 02 80,170 0 0
MARATHON PETE CORP COM 56585A102 175 1,942 SH   DFND 01, 02 1,942 0 0
MARKET VECTORS ETF TR EM LC CURR DBT 57060U522 928 43,844 SH   DFND 01, 02 43,844 0 0
MEADWESTVACO CORP COM 583334107 814 18,343 SH   DFND 01, 02 18,343 0 0
MEDICAL PPTYS TRUST INC COM 58463J304 2,322 168,538 SH   DFND 01, 02 168,538 0 0
MONDELEZ INTL INC CL A 609207105 366 10,084 SH   DFND 01, 02 10,084 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 582 52,618 SH   DFND 01, 02 52,618 0 0
MONOGRAM RESIDENTIAL TR INC COM 60979P105 1,569 169,470 SH   DFND 01, 02 169,470 0 0
NATIONAL OILWELL VARCO INC COM 637071101 168 2,560 SH   DFND 01, 02 2,560 0 0
NEW RESIDENTIAL INVT CORP COM NEW 64828T201 1,766 138,304 SH   DFND 01, 02 138,304 0 0
NEW SR INVT GROUP INC COM 648691103 1,097 66,704 SH   DFND 01, 02 66,704 0 0
NEW YORK MTG TR INC COM PAR $.02 649604501 806 104,521 SH   DFND 01, 02 104,521 0 0
NEW YORK REIT INC COM 64976L109 1,725 162,853 SH   DFND 01, 02 162,853 0 0
NEWCASTLE INVT CORP NEW COM PAR $0.01 65105M603 293 65,221 SH   DFND 01, 02 65,221 0 0
NEWMONT MINING CORP COM 651639106 207 10,933 SH   DFND 01, 02 10,933 0 0
NORTHERN TIER ENERGY LP COM UN REPR PART 665826103 34 1,523 SH   DFND 01, 02 1,523 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 405 5,025 SH   DFND 01, 02 5,025 0 0
OIL STS INTL INC COM 678026105 69 1,406 SH   DFND 01, 02 1,406 0 0
OMNIVISION TECHNOLOGIES INC COM 682128103 438 16,830 SH   DFND 01, 02 16,830 0 0
ORCHID IS CAP INC COM 68571X103 212 16,260 SH   DFND 01, 02 16,260 0 0
PBF ENERGY INC CL A 69318G106 60 2,247 SH   DFND 01, 02 2,247 0 0
PARKWAY PPTYS INC COM 70159Q104 1,524 82,875 SH   DFND 01, 02 82,875 0 0
PEABODY ENERGY CORP COM 704549104 1,030 133,127 SH   DFND 01, 02 133,127 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 1,573 67,058 SH   DFND 01, 02 67,058 0 0
PENNYMAC MTG INVT TR COM 70931T103 1,460 69,208 SH   DFND 01, 02 69,208 0 0
PHILLIPS 66 COM 718546104 279 3,895 SH   DFND 01, 02 3,895 0 0
PHYSICIANS RLTY TR COM 71943U104 783 47,162 SH   DFND 01, 02 47,162 0 0
PIONEER ENERGY SVCS CORP COM 723664108 9 1,678 SH   DFND 01, 02 1,678 0 0
POWERSHARES DB CMDTY IDX TRA UNIT BEN INT 73935S105 312 16,937 SH   DFND 01, 02 16,937 0 0
POWERSHARES DB G10 CURCY HAR COM UT BEN INT 73935Y102 1,096 42,901 SH   DFND 01, 02 42,901 0 0
POWERSHS DB MULTI SECT COMM DB GOLD FUND 73936B606 7 191 SH   DFND 01, 02 191 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 126,448 5,262,102 SH   DFND 01, 02 5,262,102 0 0
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936T573 13,076 464,341 SH   DFND 01, 02 464,341 0 0
PROSHARES TR II PSHS ULSSLVR NEW 74347W114 1 11 SH   DFND 01, 02 11 0 0
PROSHARES TR II ULTRASHRT NEW 74347W395 9 91 SH   DFND 01, 02 91 0 0
PROSHARES TR II ULTRASHRT EURO 74347W882 336 16,813 SH   DFND 01, 02 16,813 0 0
PROSHARES TR SHT MSCI NEW 74347X575 360 4,750 SH   DFND 01, 02 4,750 0 0
PROSHARES TR ULTSHT RUSS2000 74348A319 709 14,401 SH   DFND 01, 02 14,401 0 0
PROTECTIVE LIFE CORP COM 743674103 648 9,305 SH   DFND 01, 02 9,305 0 0
RAIT FINANCIAL TRUST COM NEW 749227609 627 81,767 SH   DFND 01, 02 81,767 0 0
RAMCO-GERSHENSON PPTYS TR COM SH BEN INT 751452202 1,430 76,311 SH   DFND 01, 02 76,311 0 0
REDWOOD TR INC COM 758075402 1,609 81,684 SH   DFND 01, 02 81,684 0 0
RESOLUTE FST PRODS INC COM 76117W109 175 9,933 SH   DFND 01, 02 9,933 0 0
RESOURCE CAP CORP COM 76120W302 645 127,900 SH   DFND 01, 02 127,900 0 0
RETAIL OPPORTUNITY INVTS COR COM 76131N101 1,538 91,578 SH   DFND 01, 02 91,578 0 0
ROCKWOOD HLDGS INC COM 774415103 956 12,137 SH   DFND 01, 02 12,137 0 0
ROYAL GOLD INC COM 780287108 88 1,408 SH   DFND 01, 02 1,408 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 41,229 200,627 SH   DFND 01, 02 200,627 0 0
SPDR INDEX SHS FDS S&P EMKTSC ETF 78463X756 1,531 34,521 SH   DFND 01, 02 34,521 0 0
SPDR INDEX SHS FDS DJ INTL RL ETF 78463X863 5,287 127,195 SH   DFND 01, 02 127,195 0 0
SPDR SERIES TRUST BRC CNV SECS ETF 78464A359 46,086 982,856 SH   DFND 01, 02 982,856 0 0
SPDR SERIES TRUST DJ REIT ETF 78464A607 1,937 21,305 SH   DFND 01, 02 21,305 0 0
SPDR SERIES TRUST BRCLYS AGG ETF 78464A649 7,294 125,063 SH   DFND 01, 02 125,063 0 0
SPDR SERIES TRUST BRCLYS 1-3MT ETF 78464A680 14,892 325,590 SH   DFND 01, 02 325,590 0 0
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 11,998 246,122 SH   DFND 01, 02 246,122 0 0
SABRA HEALTH CARE REIT INC COM 78573L106 1,620 53,352 SH   DFND 01, 02 53,352 0 0
SANCHEZ ENERGY CORP COM 79970Y105 13 1,424 SH   DFND 01, 02 1,424 0 0
SANDERSON FARMS INC COM 800013104 998 11,877 SH   DFND 01, 02 11,877 0 0
SAPIENT CORP COM 803062108 713 28,677 SH   DFND 01, 02 28,677 0 0
SCHLUMBERGER LTD COM 806857108 733 8,587 SH   DFND 01, 02 8,587 0 0
SEABOARD CORP COM 811543107 1,704 406 SH   DFND 01, 02 406 0 0
SEMGROUP CORP CL A 81663A105 79 1,160 SH   DFND 01, 02 1,160 0 0
SIGMA ALDRICH CORP COM 826552101 2,386 17,380 SH   DFND 01, 02 17,380 0 0
SILVER BAY RLTY TR CORP COM 82735Q102 578 34,925 SH   DFND 01, 02 34,925 0 0
SMUCKER J M CO COM NEW 832696405 62 613 SH   DFND 01, 02 613 0 0
SOUTHERN COPPER CORP COM 84265V105 1,060 37,593 SH   DFND 01, 02 37,593 0 0
SPECTRA ENERGY CORP COM 847560109 161 4,442 SH   DFND 01, 02 4,442 0 0
STAG INDL INC COM 85254J102 1,577 64,355 SH   DFND 01, 02 64,355 0 0
STONE ENERGY CORP COM 861642106 25 1,466 SH   DFND 01, 02 1,466 0 0
SUMMIT HOTEL PPTYS COM 866082100 1,045 83,989 SH   DFND 01, 02 83,989 0 0
SUSQUEHANNA BANCSHARES INC P COM 869099101 565 42,102 SH   DFND 01, 02 42,102 0 0
SYNERGY RES CORP COM 87164P103 21 1,704 SH   DFND 01, 02 1,704 0 0
TRW AUTOMOTIVE HLDGS CORP COM 87264S106 1,344 13,066 SH   DFND 01, 02 13,066 0 0
TESCO CORP COM 88157K101 12 906 SH   DFND 01, 02 906 0 0
TESORO LOGISTICS LP COM UNIT LP 88160T107 82 1,398 SH   DFND 01, 02 1,398 0 0
TIME WARNER CABLE INC COM 88732J207 4,400 28,933 SH   DFND 01, 02 28,933 0 0
TRULIA INC COM 897888103 822 17,863 SH   DFND 01, 02 17,863 0 0
TYSON FOODS INC CL A 902494103 4,669 116,452 SH   DFND 01, 02 116,452 0 0
VAALCO ENERGY INC COM NEW 91851C201 7 1,483 SH   DFND 01, 02 1,483 0 0
VALERO ENERGY CORP NEW COM 91913Y100 175 3,529 SH   DFND 01, 02 3,529 0 0
VANGUARD BD INDEX FD INC SHORT TRM BOND 921937827 136,300 1,704,815 SH   DFND 01, 02 1,704,815 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 225,279 2,734,960 SH   DFND 01, 02 2,734,960 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 3,587 94,701 SH   DFND 01, 02 94,701 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 25,374 634,033 SH   DFND 01, 02 634,033 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874 48,048 916,766 SH   DFND 01, 02 916,766 0 0
VANGUARD INDEX FDS REIT ETF 922908553 17,654 217,954 SH   DFND 01, 02 217,954 0 0
VANGUARD INDEX FDS SML CP GRW ETF 922908595 47,216 374,905 SH   DFND 01, 02 374,905 0 0
VANGUARD INDEX FDS GROWTH ETF 922908736 17,582 168,429 SH   DFND 01, 02 168,429 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 18,571 219,806 SH   DFND 01, 02 219,806 0 0
WASHINGTON REAL ESTATE INVT SH BEN INT 939653101 1,836 66,379 SH   DFND 01, 02 66,379 0 0
WESTERN ASSET MTG CAP CORP COM 95790D105 605 41,177 SH   DFND 01, 02 41,177 0 0
WESTERN REFNG INC COM 959319104 75 1,988 SH   DFND 01, 02 1,988 0 0
WILLIAMS COS INC DEL COM 969457100 204 4,537 SH   DFND 01, 02 4,537 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 514 32,979 SH   DFND 01, 02 32,979 0 0
WISDOMTREE TR EMERG CUR STR FD 97717W133 1,563 84,095 SH   DFND 01, 02 84,095 0 0
WISDOMTREE TR EM LCL DEBT FD 97717X867 693 16,657 SH   DFND 01, 02 16,657 0 0
XYLEM INC COM 98419M100 529 13,906 SH   DFND 01, 02 13,906 0 0