Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BRK/B	BERKSHIRE HATHAWAY INC DEL	438,585	$49.78M	12.5%	$110.02	+4.9%	CL B NEW	084670702
—	ZILLOW INC	346,540	$29.24M	7.3%	$56.30	—	CL A	98954A107
—	TRULIA INC	366,744	$17.25M	4.3%	$34.16	—	COM	897888103
BND	VANGUARD BD INDEX FD INC	139,689	$11.3M	2.8%	$80.88	—	TOTAL BND MRKT	921937835
—	GOOGLE INC	8,982	$7.868M	2.0%	$880.18	—	CL A	38259P508
—	OAKTREE CAP GROUP LLC	150,000	$7.853M	2.0%	$52.55	—	UNIT 99/99/9999	674001201
SPY	SPDR S&P 500 ETF TR	41,900	$7.04M	1.8%	$160.00	—	TR UNIT	78462F103
—	MARKET VECTORS ETF TR	263,773	$6.61M	1.7%	$24.41	—	GOLD MINER ETF	57060U100
META	FACEBOOK INC	88,400	$4.441M	1.1%	$36.96	0.0%	CL A	30303M102
—	RESOLUTE FST PRODS INC	306,600	$4.053M	1.0%	$13.18	—	COM	76117W109
EPD	ENTERPRISE PRODS PARTNERS L	65,450	$3.995M	1.0%	$62.15	—	COM	293792107
AIG	AMERICAN INTL GROUP INC	81,800	$3.978M	1.0%	$36.03	0.0%	COM NEW	026874784
—	FLEETCOR TECHNOLOGIES INC	35,000	$3.856M	1.0%	$81.30	—	COM	339041105
—	INTL FCSTONE INC	186,817	$3.82M	1.0%	$18.23	—	COM	46116V105
WFC	WELLS FARGO & CO NEW	91,000	$3.76M	0.9%	$27.36	+10.3%	COM	949746101
LEA	LEAR CORP	51,200	$3.664M	0.9%	$46.85	+19.6%	COM NEW	521865204
TDG	TRANSDIGM GROUP INC	26,400	$3.662M	0.9%	$71.27	+7.0%	COM	893641100
—	TWENTY FIRST CENTY FOX INC	105,300	$3.517M	0.9%	$33.40	—	CL B	90130A200
XPO	XPO LOGISTICS INC	157,000	$3.402M	0.9%	$7.72	0.0%	COM	983793100
GD	GENERAL DYNAMICS CORP	38,700	$3.387M	0.8%	$56.44	+15.0%	COM	369550108
—	MAGELLAN MIDSTREAM PRTNRS LP	59,788	$3.374M	0.8%	$54.49	—	COM UNIT RP LP	559080106
SGI	TEMPUR SEALY INTL INC	76,700	$3.372M	0.8%	$11.12	-6.7%	COM	88023U101
—	ACCELRYS INC	332,200	$3.275M	0.8%	$8.40	—	COM	00430U103
—	ONEOK PARTNERS LP	60,300	$3.197M	0.8%	$50.16	—	UNIT LTD PARTN	68268N103
—	OUTERWALL INC	63,000	$3.149M	0.8%	$49.98	—	COM	690070107
LBTYAUSD	LIBERTY GLOBAL PLC	39,600	$3.142M	0.8%	$74.31	—	SHS CL A	G5480U104
TRGP	TARGA RES CORP	42,150	$3.075M	0.8%	$38.58	+1.8%	COM	87612G101
—	TIME WARNER CABLE INC	27,100	$3.024M	0.8%	$111.59	—	COM	88732J207
—	VODAFONE GROUP PLC NEW	84,700	$2.98M	0.7%	$29.27	—	SPONS ADR NEW	92857W209
—	KINDER MORGAN MANAGEMENT LLC	39,571	$2.966M	0.7%	$74.95	—	SHS	49455U100
XLU	SELECT SECTOR SPDR TR	79,000	$2.951M	0.7%	$37.63	—	SBI INT-UTILS	81369Y886
—	SEMGROUP CORP	50,430	$2.876M	0.7%	$54.22	—	CL A	81663A105
—	LENDER PROCESSING SVCS INC	86,200	$2.868M	0.7%	$33.27	—	COM	52602E102
SCHW	SCHWAB CHARLES CORP NEW	133,900	$2.831M	0.7%	$18.79	0.0%	COM	808513105
—	SIX FLAGS ENTMT CORP NEW	83,300	$2.815M	0.7%	$34.89	—	COM	83001A102
—	TARGA RESOURCES PARTNERS LP	53,820	$2.77M	0.7%	$50.50	—	COM UNIT	87611X105
—	MACQUARIE INFRASTR CO LLC	51,465	$2.755M	0.7%	$53.46	—	MEMBERSHIP INT	55608B105
PSX	PHILLIPS 66	46,080	$2.664M	0.7%	$39.78	-5.7%	COM	718546104
MSFT	MICROSOFT CORP	78,700	$2.621M	0.7%	$26.76	+0.9%	COM	594918104
—	ROCK-TENN CO	25,600	$2.593M	0.6%	$99.97	—	CL A	772739207
SIG	SIGNET JEWELERS LIMITED	36,100	$2.587M	0.6%	$54.92	+4.1%	SHS	G81276100
PAA	PLAINS ALL AMERN PIPELINE L	48,580	$2.558M	0.6%	$55.81	—	UNIT LTD PARTN	726503105
BAC	BANK OF AMERICA CORPORATION	184,500	$2.546M	0.6%	$10.03	+12.0%	COM	060505104
—	WESTERN GAS PARTNERS LP	41,775	$2.512M	0.6%	$64.88	—	COM UNIT LP IN	958254104
CL	COLGATE PALMOLIVE CO	41,885	$2.484M	0.6%	$44.38	+0.4%	COM	194162103
VYX	NCR CORP NEW	60,500	$2.396M	0.6%	$18.83	+18.7%	COM	62886E108
—	MARKWEST ENERGY PARTNERS L P	32,490	$2.347M	0.6%	$66.85	—	UNIT LTD PARTN	570759100
—	SUPPORT COM INC	426,000	$2.322M	0.6%	$4.64	—	COM	86858W101
—	UTI WORLDWIDE INC	151,800	$2.294M	0.6%	$15.11	—	ORD	G87210103
—	SUNOCO LOGISTICS PRTNRS L P	33,970	$2.257M	0.6%	$65.13	—	COM UNITS	86764L108
LPLA	LPL FINL HLDGS INC	58,500	$2.241M	0.6%	$35.87	+6.6%	COM	50212V100
—	LEVEL 3 COMMUNICATIONS INC	83,500	$2.229M	0.6%	$21.96	—	COM NEW	52729N308
—	ACCESS MIDSTREAM PARTNERS L	45,540	$2.2M	0.6%	$47.92	—	UNIT	00434L109
—	SPECTRA ENERGY CORP	62,960	$2.155M	0.5%	$34.23	—	COM	847560109
—	AMERICAN CAP LTD	154,100	$2.119M	0.5%	$13.75	—	COM	02503Y103
OKE	ONEOK INC NEW	39,450	$2.103M	0.5%	$20.24	+3.6%	COM	682680103
—	EL PASO PIPELINE PARTNERS L	49,690	$2.098M	0.5%	$43.68	—	COM UNIT LPI	283702108
DRH	DIAMONDROCK HOSPITALITY CO	193,560	$2.065M	0.5%	$9.32	—	COM	252784301
—	SHUTTERFLY INC	35,800	$2.001M	0.5%	$55.78	—	COM	82568P304
AXP	AMERICAN EXPRESS CO	26,100	$1.971M	0.5%	$59.62	+6.1%	COM	025816109
EXR	EXTRA SPACE STORAGE INC	42,941	$1.965M	0.5%	$26.60	+3.3%	COM	30225T102
—	WESTERN GAS EQUITY PARTNERS	52,760	$1.962M	0.5%	$41.17	—	COMUNT LTD PT	95825R103
C	CITIGROUP INC	40,300	$1.955M	0.5%	$35.86	+4.9%	COM NEW	172967424
EGP	EASTGROUP PPTY INC	31,980	$1.894M	0.5%	$56.32	—	COM	277276101
HST	HOST HOTELS & RESORTS INC	106,110	$1.875M	0.5%	$10.85	+0.1%	COM	44107P104
AMT	AMERICAN TOWER CORP NEW	24,930	$1.848M	0.5%	$59.17	-8.4%	COM	03027X100
—	GUIDANCE SOFTWARE INC	203,000	$1.841M	0.5%	$8.74	—	COM	401692108
BXP	BOSTON PROPERTIES INC	17,111	$1.829M	0.5%	$64.00	-1.9%	COM	101121101
—	SL GREEN RLTY CORP	20,460	$1.818M	0.5%	$88.18	—	COM	78440X101
—	DCT INDUSTRIAL TRUST INC	252,710	$1.817M	0.5%	$7.19	—	COM	233153105
—	ATLAS ENERGY LP	33,230	$1.815M	0.5%	$50.32	—	COM UNITS LP	04930A104
XLE	SELECT SECTOR SPDR TR	21,895	$1.815M	0.5%	$78.37	—	SBI INT-ENERGY	81369Y506
VNO	VORNADO RLTY TR	21,580	$1.814M	0.5%	$82.99	—	SH BEN INT	929042109
AKR	ACADIA RLTY TR	72,790	$1.796M	0.5%	$24.67	—	COM SH BEN INT	004239109
—	PENNSYLVANIA RL ESTATE INVT	95,040	$1.777M	0.4%	$18.70	—	SH BEN INT	709102107
—	GENERAL GROWTH PPTYS INC NEW	90,460	$1.745M	0.4%	$19.87	—	COM	370023103
—	EQUITY ONE	79,500	$1.738M	0.4%	$22.59	—	COM	294752100
—	HALLMARK FINL SVCS INC EC	192,715	$1.709M	0.4%	$9.14	—	COM NEW	40624Q203
—	DDR CORP	108,800	$1.709M	0.4%	$15.71	—	COM	23317H102
AVB	AVALONBAY CMNTYS INC	13,301	$1.69M	0.4%	$87.72	-0.5%	COM	053484101
SPG	SIMON PPTY GROUP INC NEW	11,400	$1.69M	0.4%	$88.80	-8.8%	COM	828806109
—	APARTMENT INVT & MGMT CO	59,930	$1.674M	0.4%	$30.04	—	CL A	03748R101
EQR	EQUITY RESIDENTIAL	31,200	$1.671M	0.4%	$31.42	-3.4%	SH BEN INT	29476L107
—	ISHARES	85,120	$1.67M	0.4%	$17.66	—	MSCI UK ETF	464286699
—	ATLAS PIPELINE PARTNERS LP	42,680	$1.656M	0.4%	$38.80	—	UNIT L P INT	049392103
—	BIOMED REALTY TRUST INC	88,890	$1.652M	0.4%	$20.15	—	COM	09063H107
—	POST PPTYS INC	36,334	$1.636M	0.4%	$49.50	—	COM	737464107
—	HCP INC	39,920	$1.635M	0.4%	$40.96	—	COM	40414L109
—	HEALTHCARE RLTY TR	70,670	$1.633M	0.4%	$25.26	—	COM	421946104
CDP	CORPORATE OFFICE PPTYS TR	70,330	$1.625M	0.4%	$25.41	—	SH BEN INT	22002T108
—	TAUBMAN CTRS INC	23,815	$1.603M	0.4%	$74.98	—	COM	876664103
—	EDUCATION RLTY TR INC	175,100	$1.593M	0.4%	$10.21	—	COM	28140H104
—	POWERSHARES QQQ TRUST	20,000	$1.577M	0.4%	$71.20	—	UNIT SER 1	73935A104
—	TWO HBRS INVT CORP	161,500	$1.568M	0.4%	$10.07	—	COM	90187B101
—	TESORO LOGISTICS LP	26,960	$1.564M	0.4%	$60.00	—	COM UNIT LP	88160T107
ELS	EQUITY LIFESTYLE PPTYS INC	45,174	$1.544M	0.4%	$57.38	—	COM	29472R108
—	VITESSE SEMICONDUCTOR CORP	507,467	$1.543M	0.4%	$3.04	—	COM NEW	928497304
—	AMERICAN CAMPUS CMNTYS INC	44,280	$1.512M	0.4%	$39.93	—	COM	024835100
—	DCP MIDSTREAM PARTNERS LP	30,150	$1.497M	0.4%	$53.41	—	COM UT LTD PTN	23311P100
—	GRACE W R & CO DEL NEW	17,100	$1.495M	0.4%	$84.07	—	COM	38388F108
EWG	ISHARES	45,530	$1.266M	0.3%	$24.71	—	MSCI GERMANY ETF	464286806
—	NUVEEN QUALITY PFD INCOME FD	150,000	$1.224M	0.3%	$8.61	—	COM	67072C105
ET	ENERGY TRANSFER EQUITY L P	18,150	$1.194M	0.3%	$59.82	—	COM UT LTD PTN	29273V100
—	ALLIANZGI EQUITY & CONV INCO	63,400	$1.177M	0.3%	$18.56	—	COM	018829101
—	BLACKROCK CR ALLCTN INC TR	90,000	$1.174M	0.3%	$13.00	—	COM	092508100
—	ALPHA NATURAL RESOURCES INC	191,510	$1.141M	0.3%	$5.24	—	COM	02076X102
—	CBRE CLARION GLOBAL REAL EST	140,000	$1.133M	0.3%	$8.09	—	COM	12504G100
MPLX	MPLX LP	29,510	$1.075M	0.3%	$36.81	—	COM UNIT REP LTD	55336V100
—	TIFFANY & CO NEW	13,817	$1.059M	0.3%	$72.84	—	COM	886547108
KMI	KINDER MORGAN INC DEL	28,453	$1.012M	0.3%	$20.66	-2.4%	COM	49456B101
XLI	SELECT SECTOR SPDR TR	20,070	$931K	0.2%	$43.07	—	SBI INT-INDS	81369Y704
XME	SPDR SERIES TRUST	25,351	$929K	0.2%	$33.13	—	S&P METALS MNG	78464A755
—	NUVEEN MTG OPPTY TERM FD 2	35,000	$840K	0.2%	$24.00	—	COM	67074R100
—	HATTERAS FINL CORP	44,600	$834K	0.2%	$18.70	—	COM	41902R103
LQD	ISHARES	7,100	$806K	0.2%	$113.66	—	IBOXX INV CP ETF	464287242
XLK	SELECT SECTOR SPDR TR	24,500	$785K	0.2%	$30.57	—	TECHNOLOGY	81369Y803
EWL	ISHARES	25,050	$784K	0.2%	$28.66	—	MSCI SZ CAP ETF	464286749
XLF	SELECT SECTOR SPDR TR	38,000	$756K	0.2%	$19.55	—	SBI INT-FINL	81369Y605
EWC	ISHARES	24,890	$705K	0.2%	$26.20	—	MSCI CDA ETF	464286509
—	ALLIANCEBERNSTEIN INCOME FUN	100,000	$704K	0.2%	$7.04	—	COM	01881E101
—	POWERSHARES ETF TR II	25,100	$685K	0.2%	$28.17	—	BUILD AMER ETF	73937B407
—	NUVEEN PFD INCOME OPPRTNY FD	75,800	$658K	0.2%	$9.55	—	COM	67073B106
—	ANNALY CAP MGMT INC	55,000	$637K	0.2%	$11.58	—	COM	035710409
—	BLACKROCK BUILD AMER BD TR	33,600	$632K	0.2%	$20.21	—	SHS	09248X100
—	PUTNAM PREMIER INCOME TR	120,000	$631K	0.2%	$5.35	—	SH BEN INT	746853100
SLRC	SOLAR CAP LTD	27,200	$603K	0.2%	$7.36	-0.9%	COM	83413U100
—	MCG CAPITAL CORP	116,200	$586K	0.1%	$5.21	—	COM	58047P107
—	NUVEEN MUN ADVANTAGE FD INC	46,780	$585K	0.1%	$12.51	—	COM	67062H106
—	NUVEEN PREM INCOME MUN FD 2	39,630	$517K	0.1%	$13.05	—	COM	67063W102
—	NUVEEN PREM INCOME MUN FD	40,323	$515K	0.1%	$12.77	—	COM	67062T100
—	NUVEEN AMT-FREE MUN INCOME F	40,990	$512K	0.1%	$12.49	—	COM	670657105
—	INVESCO ADVANTAGE MUNICIPAL	47,850	$512K	0.1%	$10.70	—	SH BEN INT	46132E103
—	NUVEEN MUN MKT OPPORTUNITY F	41,570	$510K	0.1%	$12.27	—	COM	67062W103
—	INVESCO MUN TR	43,470	$509K	0.1%	$11.71	—	COM	46131J103
XLY	SELECT SECTOR SPDR TR	8,400	$509K	0.1%	$56.39	—	SBI CONS DISCR	81369Y407
—	NUVEEN DIV ADV MUNI FD 3	40,000	$508K	0.1%	$13.18	—	COM SH BEN INT	67070X101
—	INVESCO TR INVT GRADE MUNS	40,750	$508K	0.1%	$12.47	—	COM	46131M106
—	NUVEEN DIVID ADVANTAGE MUN F	38,840	$506K	0.1%	$13.03	—	COM	67066V101
—	INVESCO MUN OPPORTUNITY TR	42,830	$505K	0.1%	$11.79	—	COM	46132C107
—	PUTNAM MUN OPPORTUNITIES TR	46,170	$505K	0.1%	$10.94	—	SH BEN INT	746922103
—	INVESCO VALUE MUN INCOME TR	37,270	$505K	0.1%	$13.75	—	COM	46132P108
—	NUVEEN QUALITY INCOME MUN FD	39,950	$504K	0.1%	$12.62	—	COM	670977107
—	NUVEEN SELECT QUALITY MUN FD	39,620	$503K	0.1%	$12.70	—	COM	670973106
—	BLACKROCK ENERGY & RES TR	19,000	$490K	0.1%	$25.05	—	COM	09250U101
—	EATON VANCE TAX MNGD GBL DV	50,000	$469K	0.1%	$9.28	—	COM	27829F108
—	CENTRAL GOLDTRUST	10,000	$462K	0.1%	$46.20	—	TR UNIT	153546106
—	BLACKROCK MUNIASSETS FD INC	35,600	$424K	0.1%	$12.61	—	COM	09254J102
—	INVESCO MORTGAGE CAPITAL INC	27,300	$420K	0.1%	$15.38	—	COM	46131B100
IEF	ISHARES	4,000	$408K	0.1%	$102.50	—	7-10 Y TR BD ETF	464287440
—	MARKET VECTORS ETF TR	7,856	$403K	0.1%	$51.17	—	AGRIBUS ETF	57060U605
MBB	ISHARES	3,650	$387K	0.1%	$105.21	—	MBS ETF	464288588
EWD	ISHARES	11,090	$379K	0.1%	$29.85	—	MSCI SWEDEN ETF	464286756
—	INVESCO MUNI INCOME OPP TRST	57,900	$367K	0.1%	$6.56	—	COM	46132X101
—	PUTNAM MANAGED MUN INCOM TR	53,700	$367K	0.1%	$7.13	—	COM	746823103
GLD	SPDR GOLD TRUST	2,400	$308K	0.1%	$119.17	—	GOLD SHS	78463V107
—	ISHARES	14,000	$303K	0.1%	$19.21	—	MSCI RUSSIA CAP	46429B705
EWQ	ISHARES	10,770	$289K	0.1%	$23.31	—	MSCI FRANCE ETF	464286707
—	NUVEEN QUALITY PFD INC FD 3	36,300	$286K	0.1%	$8.43	—	COM	67072W101
—	BLACKROCK INCOME TR INC	41,321	$276K	0.1%	$6.79	—	COM	09247F100
—	BLACKROCK INTL GRWTH & INC T	35,900	$276K	0.1%	$7.38	—	COM BENE INTER	092524107
—	SPDR SERIES TRUST	11,990	$274K	0.1%	$22.83	—	NUVN BRCLY MUNI	78464A458
—	ISHARES	19,540	$261K	0.1%	$12.79	—	MSCI SINGAP ETF	464286673
—	NUVEEN DIV ADVANTAGE MUN FD	20,000	$259K	0.1%	$13.95	—	COM	67070F100
—	SCRIPPS NETWORKS INTERACT IN	3,277	$256K	0.1%	$66.83	—	CL A COM	811065101
—	ALLIANZGI NFJ DIVID INT & PR	15,000	$253K	0.1%	$16.87	—	COM	01883A107
—	FORT DEARBORN INCOME SECS IN	17,698	$247K	0.1%	$14.35	—	COM	347200107
—	ISHARES	20,600	$245K	0.1%	$11.21	—	MSCI JAPAN ETF	464286848
AAPL	APPLE INC	501	$239K	0.1%	$14.28	0.0%	COM	037833100
—	ABERDEEN ASIA PACIFIC INCOM	39,243	$238K	0.1%	$6.19	—	COM	003009107
MA	MASTERCARD INC	335	$225K	0.1%	$58.30	0.0%	CL A	57636Q104
—	BLACKROCK GLOBAL OPP EQTY TR	16,100	$225K	0.1%	$13.48	—	COM	092501105
INTU	INTUIT	3,307	$219K	0.1%	$54.39	+6.9%	COM	461202103
EWN	ISHARES	9,060	$216K	0.1%	$23.84	—	MSCI NETHERL ETF	464286814
AZO	AUTOZONE INC	500	$211K	0.1%	$407.86	+4.9%	COM	053332102
—	WESTERN ASSET GLB HI INCOME	16,500	$204K	0.1%	$12.26	—	COM	95766B109
—	ELLINGTON FINANCIAL LLC	9,000	$202K	0.1%	$22.44	—	COM	288522303
WU	WESTERN UN CO	10,660	$199K	0.0%	$17.07	—	COM	959802109
—	ISHARES	13,990	$198K	0.0%	$11.79	—	MSCI ITALCPD ETF	464286855
—	ISHARES	11,870	$179K	0.0%	$15.59	—	MSCI MALAYSI ETF	464286830
—	MFS CHARTER INCOME TR	20,000	$179K	0.0%	$8.95	—	SH BEN INT	552727109
—	BLACKROCK RES & COMM STRAT T	15,000	$174K	0.0%	$11.53	—	SHS	09257A108
—	WESTERN ASSET MUN HI INCM FD	17,900	$122K	0.0%	$7.15	—	COM	95766N103