Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
DXJ	WISDOMTREE JAPAN HEDGED EQUITY FUND ETP USD	980,825	$54.06M	19.3%	$49.76	—	COM	97717W851
HEDJ	WISDOMTREE EUROPE HEDGED EQUITY FUND ETP USD	786,381	$52.01M	18.5%	$55.62	—	COM	97717X701
—	ISHARES EUROPE DEVELOPED REAL ESTATE ETF ETP USD	536,360	$20.66M	7.4%	$38.53	—	COM	464288471
KRE	SPDR S&P REGIONAL BANKING ETF ETP USD	478,638	$19.54M	7.0%	$39.98	—	COM	78464A698
KIE	SPDR S&P INSURANCE ETF ETP USD	290,021	$19.46M	6.9%	$66.91	—	COM	78464A789
IGV	ISHARES NORTH AMERICAN TECH-SOFTWARE ETF ETP USD	189,220	$18.19M	6.5%	$94.99	—	COM	464287515
OPPJ	WISDOMTREE JAPAN HEDGED SMALLCAP EQUITY FUND ETP	417,146	$14.17M	5.0%	$33.97	—	COM	97717W521
—	JPM PRIME MM FUND-CAPITAL SHS	13,292,580	$13.29M	4.7%	$1.00	—	CASH	481992JQ9
IHF	ISHARES U.S. HEALTHCARE PROVIDERS ETF ETP USD	86,239	$11.47M	4.1%	$102.82	—	COM	464288828
IHI	ISHARES U.S. MEDICAL DEVICES ETF ETP USD	85,420	$10.27M	3.7%	$99.39	—	COM	464288810
—	MFC WISDOMTREE TR JAPAN HEDGED EQUITY FD	136,231	$7.509M	2.7%	$55.12	—	COM	B17FKC6
SPAB	SPDR Barclays Aggregate Bond ETF	97,670	$5.758M	2.1%	$58.43	—	COM	78464A649
—	POWERSHARES S&P SC HEALTH CA	43,736	$3.014M	1.1%	$59.71	—	COM	73937B886
—	MFC WISDOMTREE TRUST EUROPE HEDGED EQUITY FD	44,746	$2.959M	1.1%	$66.13	—	COM	B5M0VP4
—	MARKET VECTORS INDIA SMALL-CAP INDEX ETF ETP USD	59,604	$2.813M	1.0%	$47.19	—	COM	57061R551
IXN	iShares Global Tech ETF	20,953	$2.029M	0.7%	$85.65	—	COM	464287291
—	MFC WISDOMTREE TR JAPAN SMALLCAP HEDGED EQTY	55,579	$1.888M	0.7%	$33.97	—	COM	BBT3Q97
—	ISHARES MSCI TAIWAN ETF	114,788	$1.806M	0.6%	$15.63	—	COM	464286731
MCHI	ISHARES MSCI CHINA ETF ETP USD	32,920	$1.793M	0.6%	$52.21	—	COM	46429B671
—	Market Vectors Oil Services ETF	51,852	$1.747M	0.6%	$37.28	—	COM	57060U191
XLP	Consumer Staples Select Sector SPDR Fund	29,596	$1.442M	0.5%	$43.67	—	COM	81369Y308
—	MFC ISHARES INC MSCI TAIWAN ETF MSCI TAIWAN ETF	78,787	$1.24M	0.4%	$15.74	—	COM	2671868
—	MFC ISHARES TR US REGIONAL BANKS INDEX FD ETF	33,984	$1.185M	0.4%	$34.87	—	COM	B14MG33
RXI	iShares Global Consumer Discretionary ETF	12,999	$1.176M	0.4%	$86.02	—	COM	464288745
SCJ	iShares MSCI Japan Small-Cap ETF	19,024	$1.088M	0.4%	$57.19	—	COM	464286582
—	United States dollar	1,066,305	$1.065M	0.4%	$3.38	—	CASH	USD
XLK	Technology Select Sector SPDR Fund	25,208	$1.044M	0.4%	$39.55	—	COM	81369Y803
—	SPDR MSCI Europe Health Care UCITS ETF	5,310	$786K	0.3%	$148.02	—	COM	BM67JF6
—	POWERSHARES S&P SC CONS-DISC	11,568	$630K	0.2%	$54.46	—	COM	73937B506
XSD	SPDR S&P SEMICONDUCTOR ETF	6,967	$610K	0.2%	$73.41	—	COM	78464A862
IYZ	iShares U.S. Telecommunications ETF	19,888	$601K	0.2%	$30.07	—	COM	464287713
—	Powershares DWA Emerging Markets Technical Leaders Portfolio	30,913	$571K	0.2%	$26.10	—	COM	73936Q207
IAI	iShares U.S. Broker-Dealers ETF	13,147	$563K	0.2%	$42.64	—	COM	464288794
XLU	Utilities Select Sector SPDR Fund	10,103	$448K	0.2%	$45.63	—	COM	81369Y886
XLV	Health Care Select Sector SPDR Fund	6,048	$438K	0.2%	$63.27	—	COM	81369Y209
—	COLLECTIVE US GOV'T STIF 12	402,234	$402K	0.1%	$1.00	—	CASH	999J00333
—	POWERSHARES S&P SC CONS STAP	7,391	$399K	0.1%	$53.98	—	COM	73937B605
AAL	American Airlines Group, Inc.	7,486	$395K	0.1%	$48.17	0.0%	COM	02376R102
UAL	United Continental Holdings, Inc.	5,313	$357K	0.1%	$67.75	0.0%	COM	910047109
DAL	Delta Air Lines, Inc.	7,820	$351K	0.1%	$40.65	0.0%	COM	247361702
EWW	iShares MSCI Mexico Capped ETF	5,288	$306K	0.1%	$62.40	—	COM	464286822
INDA	iShares MSCI India ETF	8,753	$279K	0.1%	$30.06	—	COM	46429B598
CARZ	First Trust NASDAQ Global Auto Index Fund	6,639	$268K	0.1%	$38.39	—	COM	33734X309
—	SCE ACTIVE RESERVE 2 EQUITY	148,227	$148K	0.1%	$0.99	—	CASH	996106860
EWH	iShares MSCI Hong Kong ETF	5,889	$129K	0.0%	$20.68	—	COM	464286871
JXI	iShares Global Utilities ETF	2,742	$127K	0.0%	$47.74	—	COM	464288711
—	WisdomTree Emerging Markets Consumer Growth Fund	5,053	$126K	0.0%	$24.89	—	COM	97717W539
LUV	Southwest Airlines Co.	2,673	$118K	0.0%	$38.60	0.0%	COM	844741108