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 5,871 207,960 SH   SOLE   207,960 0 207,960
Buffalo Discovery MUT 119530103 6,001 261,475 SH   SOLE   261,475 0 261,475
Dodge & Cox Stock MUT 256219106 1,327 6,886 SH   SOLE   6,886 0 6,886
Elements US Large Cap Fund MUT 861728731 13,029 1,276,085 SH   SOLE   1,276,085 0 1,276,085
Harbor Capital Appreciation MUT 411511504 2,480 37,327 SH   SOLE   37,327 0 37,327
OneSource Annuity Janus Aspen ANNUITY 999999999 204 10,788 SH   SOLE   10,788 0 10,788
iShares S&P MidCap 400 Growth MUT 464287606 1,594 8,109 SH   SOLE   8,109 0 8,109
Financial Select Sector SPDR ETF 81369Y605 1,647 66,750 SH   SOLE   66,750 0 66,750
First Trust Exchange Traded Al ETF 33734X135 23 790 SH   SOLE   790 0 790
First Trust Exchange Traded Al ETF 33734X135 2,076 72,607 SH   DFND 1 72,607 0 72,607
First Trust Internet Index ETF ETF 33733E302 44 464 SH   SOLE   464 0 464
First Trust Internet Index ETF ETF 33733E302 4,035 42,593 SH   DFND 1 42,593 0 42,593
Health Care Select Sector SPDR ETF 81369Y209 34 433 SH   SOLE   433 0 433
Health Care Select Sector SPDR ETF 81369Y209 3,154 39,802 SH   DFND 1 39,802 0 39,802
iShares S&P MidCap 400/BARRA V ETF 464287705 1,127 7,589 SH   SOLE   7,589 0 7,589
iShares Transportation Average ETF 464287192 3,225 18,745 SH   SOLE   18,745 0 18,745
iShares US Aerospace & Defense ETF 464288760 3,860 24,531 SH   SOLE   24,531 0 24,531
Deutsche X-trackers MSCI EAFE ETF 233051200 56 1,872 SH   SOLE   1,872 0 1,872
Deutsche X-trackers MSCI EAFE ETF 233051200 5,183 172,668 SH   DFND 1 172,668 0 172,668
iShares FTSE/Xinhua China 25 I ETF 464287184 45 1,130 SH   SOLE   1,130 0 1,130
iShares FTSE/Xinhua China 25 I ETF 464287184 4,133 104,092 SH   DFND 1 104,092 0 104,092