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

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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
ISHARES TR 0-5YR HI YL CP 46434V407 57,089 1,193,586 SH   SOLE   1,193,586 0 0
ISHARES TR 20 YR TR BD ETF 464287432 100,736 807,436 SH   SOLE   807,436 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 6,027 48,797 SH   SOLE   48,797 0 0
ISHARES TR CORE US AGGBD ET 464287226 401,023 3,659,303 SH   SOLE   3,659,303 0 0
ISHARES TR EAFE GRWTH ETF 464288885 227 2,939 SH   SOLE   2,939 0 0
ISHARES TR EAFE VALUE ETF 464288877 31,292 573,109 SH   SOLE   573,109 0 0
ISHARES TR IBOXX INV CP ETF 464287242 164,404 1,356,130 SH   SOLE   1,356,130 0 0
ISHARES TR MSCI EAFE ETF 464287465 65,430 955,461 SH   SOLE   955,461 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 1,063 23,730 SH   SOLE   23,730 0 0
ISHARES TR RUSSELL 3000 ETF 464287689 694,197 4,650,301 SH   SOLE   4,650,301 0 0
ISHARES TR S&P 100 ETF 464287101 167,739 1,507,092 SH   SOLE   1,507,092 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 249 10,747 SH   SOLE   10,747 0 0
POWERSHARES QQQ TRUST PUT 73935A954 945,425 6,500,000 SH Put SOLE   6,500,000 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506 14,184 207,122 SH   SOLE   207,122 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 7,498 61,670 SH   SOLE   61,670 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 176,227 701,456 SH   SOLE   701,456 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 176,876 1,365,623 SH   SOLE   1,365,623 0 0
VANGUARD INDEX FDS VALUE ETF 922908744 25,366 254,120 SH   SOLE   254,120 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 154,323 3,541,953 SH   SOLE   3,541,953 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 761,733 17,547,411 SH   SOLE   17,547,411 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 70,773 464,755 SH   SOLE   464,755 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 17,288 113,742 SH   SOLE   113,742 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 53,808 983,693 SH   SOLE   983,693 0 0