Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
XLF	SELECT SECTOR SPDR TR	385,656	$8.616M	8.4%	$18.29	—	SBI INT-FINL	81369Y605
XLB	SELECT SECTOR SPDR TR	169,362	$8.007M	7.8%	$40.71	—	SBI MATERIALS	81369Y100
IYE	ISHARES	149,116	$7.602M	7.4%	$45.92	—	U.S. ENERGY ETF	464287796
IYW	ISHARES	82,278	$7.492M	7.3%	$78.77	—	U.S. TECH ETF	464287721
IYH	ISHARES	59,681	$7.343M	7.1%	$110.49	—	US HLTHCARE ETF	464287762
IJH	ISHARES	35,081	$4.823M	4.7%	$117.35	—	CORE S&P MCP ETF	464287507
IGIB	ISHARES	41,558	$4.532M	4.4%	$110.76	—	INTERM CR BD ETF	464288638
LQD	ISHARES	37,889	$4.431M	4.3%	$120.59	—	IBOXX INV CP ETF	464287242
IJR	ISHARES	38,681	$4.26M	4.1%	$81.66	—	CORE S&P SCP ETF	464287804
IGSB	ISHARES	36,414	$3.841M	3.7%	$105.49	—	1-3 YR CR BD ETF	464288646
IVV	ISHARES	19,163	$3.605M	3.5%	$185.63	—	CORE S&P500 ETF	464287200
IWM	ISHARES	30,143	$3.507M	3.4%	$116.35	—	RUSSELL 2000 ETF	464287655
IEF	ISHARES	24,609	$2.503M	2.4%	$107.41	—	7-10 Y TR BD ETF	464287440
SSO	PROSHARES TR	19,516	$2.055M	2.0%	$102.58	—	PSHS ULT S&P 500	74347R107
—	SPDR SERIES TRUST	48,932	$2.022M	2.0%	$40.26	—	BRC HGH YLD BD	78464A417
BND	VANGUARD BD INDEX FD INC	24,861	$2.018M	2.0%	$84.16	—	TOTAL BND MRKT	921937835
UWM	PROSHARES TR	22,428	$1.934M	1.9%	$86.23	—	PSHS ULTRUSS2000	74347R842
IEI	ISHARES	15,628	$1.886M	1.8%	$121.71	—	3-7 YR TR BD ETF	464288661
VGT	VANGUARD WORLD FDS	18,515	$1.695M	1.6%	$74.90	—	INF TECH ETF	92204A702
VEA	VANGUARD TAX MANAGED INTL FD	40,587	$1.675M	1.6%	$33.58	—	FTSE DEV MKT ETF	921943858
VNQ	VANGUARD INDEX FDS	21,659	$1.53M	1.5%	$65.21	—	REIT ETF	922908553
—	POWERSHARES GLOBAL ETF TRUST	39,529	$1.107M	1.1%	$30.03	—	SOVEREIGN DEBT	73936T573
XLI	SELECT SECTOR SPDR TR	20,448	$1.07M	1.0%	$39.59	—	SBI INT-INDS	81369Y704
IWF	ISHARES	11,551	$1M	1.0%	$68.60	—	RUS 1000 GRW ETF	464287614
XLV	SELECT SECTOR SPDR TR	16,919	$990K	1.0%	$42.61	—	SBI HEALTHCARE	81369Y209
IWD	ISHARES	9,316	$899K	0.9%	$75.18	—	RUS 1000 VAL ETF	464287598
FEZ	SPDR INDEX SHS FDS	20,654	$881K	0.9%	$38.01	—	EURO STOXX 50	78463X202
XLY	SELECT SECTOR SPDR TR	13,557	$877K	0.9%	$51.25	—	SBI CONS DISCR	81369Y407
XLE	SELECT SECTOR SPDR TR	9,844	$877K	0.9%	$75.90	—	SBI INT-ENERGY	81369Y506
PFF	ISHARES	21,114	$824K	0.8%	$39.23	—	U.S. PFD STK ETF	464288687
EMB	ISHARES	7,178	$800K	0.8%	$118.11	—	JP MOR EM MK ETF	464288281
EWG	ISHARES	24,858	$779K	0.8%	$28.17	—	MSCI GERMANY ETF	464286806
—	ISHARES	66,150	$749K	0.7%	$11.76	—	MSCI JAPAN ETF	464286848
AGZ	ISHARES	6,632	$740K	0.7%	$113.30	—	AGENCY BOND ETF	464288166
MBB	ISHARES	6,900	$732K	0.7%	$108.39	—	MBS ETF	464288588
VWO	VANGUARD INTL EQUITY INDEX F	13,666	$555K	0.5%	$41.71	—	FTSE EMR MKT ETF	922042858
BWX	SPDR SERIES TRUST	8,684	$516K	0.5%	$61.19	—	BRCLYS INTL ETF	78464A516
KBE	SPDR SERIES TRUST	15,025	$511K	0.5%	$26.16	—	S&P BK ETF	78464A797
EWW	ISHARES	7,506	$480K	0.5%	$65.66	—	MSCI MEX CAP ETF	464286822
IDGT	ISHARES	13,942	$479K	0.5%	$28.44	—	NA TEC MULTM ETF	464287531
—	ISHARES	21,036	$433K	0.4%	$18.14	—	MSCI UK ETF	464286699
XLP	SELECT SECTOR SPDR TR	9,490	$409K	0.4%	$42.48	—	SBI CONS STPLS	81369Y308
XRT	SPDR SERIES TRUST	4,425	$373K	0.4%	$68.48	—	S&P RETAIL ETF	78464A714
—	ISHARES	23,633	$370K	0.4%	$14.77	—	MSCI MALAYSI ETF	464286830
—	EGA EMERGING GLOBAL SHS TR	13,471	$357K	0.3%	$25.77	—	EGS EMKTCONS ETF	268461779
VCIT	VANGUARD SCOTTSDALE FDS	4,082	$347K	0.3%	$87.16	—	INT-TERM CORP	92206C870
EWY	ISHARES	5,577	$343K	0.3%	$59.90	—	MSCI STH KOR ETF	464286772
—	POWERSHS DB MULTI SECT COMM	11,651	$185K	0.2%	$15.88	—	DB BASE METALS	73936B705