Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
BAC	BANK AMER CORP	856,483	$15.32M	6.1%	$17.89 *	$10.43	+29.9%	COM	060505104
CX	CEMEX SAB DE CV	1,375,638	$14.02M	5.6%	$10.19	$9.18	—	SPON ADR NEW	151290889
SPY	SPDR S&P 500 ETF TR	56,176	$11.55M	4.6%	$205.53	$176.93	—	TR UNIT	78462F103
DIA	SPDR DOW JONES INDL AVRG ETF	58,554	$10.42M	4.1%	$177.89	$159.81	—	UT SER 1	78467X109
—	GENERAL ELECTRIC CO	404,881	$10.23M	4.1%	$25.27	$23.38	—	COM	369604103
BRK/B	BERKSHIRE HATHAWAY INC DEL	46,850	$7.035M	2.8%	$150.16 *	$110.02	+31.2%	CL B NEW	084670702
AAPL	APPLE INC	54,340	$5.998M	2.4%	$110.38 *	$17.67	+36.3%	COM	037833100
VTI	VANGUARD INDEX FDS	54,156	$5.741M	2.3%	$106.01	$86.08	—	TOTAL STK MKT	922908769
TELFY	TELEFONICA S A	386,028	$5.485M	2.2%	$14.21	$13.19	—	SPONSORED ADR	879382208
HEDJ	WISDOMTREE TR	92,300	$5.134M	2.0%	$55.62	$57.78	—	EUROPE HEDGED EQ	97717X701
GLD	SPDR GOLD TRUST	42,990	$4.883M	1.9%	$113.58	$116.73	—	GOLD SHS	78463V107
—	EXXON MOBIL CORP	47,350	$4.378M	1.7%	$92.46	$93.69	—	COM	30231g102
VWO	VANGUARD INTL EQUITY INDEX F	107,485	$4.302M	1.7%	$40.02	$39.30	—	FTSE EMR MKT ETF	922042858
PG	PROCTER & GAMBLE CO	46,882	$4.27M	1.7%	$91.08 *	$55.46	+16.5%	COM	742718109
VUG	VANGUARD INDEX FDS	40,848	$4.264M	1.7%	$104.39	$82.11	—	GROWTH ETF	922908736
JNJ	JOHNSON & JOHNSON	39,840	$4.166M	1.7%	$104.57 *	$64.33	+20.2%	COM	478160104
MCD	MCDONALDS CORP	42,658	$3.997M	1.6%	$93.70 *	$71.45	-1.3%	COM	580135101
HAL	HALLIBURTON CO	100,845	$3.966M	1.6%	$39.33	$39.28	0.0%	COM	406216101
IWD	ISHARES TR	37,051	$3.868M	1.5%	$104.40	$86.53	—	RUS 1000 VAL ETF	464287598
KO	COCA COLA CO	91,430	$3.86M	1.5%	$42.22 *	$26.59	+13.0%	COM	191216100
TQQQ	PROSHARES TR	39,600	$3.859M	1.5%	$97.45	$61.44	—	ULTRAPRO QQQ	74347X831
SPXL	DIREXION SHS ETF TR	41,900	$3.675M	1.5%	$87.71	$66.11	—	DRX S&P500BULL	25459W862
PFE	PFIZER INC	112,965	$3.519M	1.4%	$31.15 *	$17.92	+0.3%	COM	717081103
AMZN	AMAZON COM INC	10,825	$3.36M	1.3%	$310.39 *	$15.93	-2.2%	COM	023135106
—	ISHARES	295,130	$3.317M	1.3%	$11.24	$13.61	—	MSCI JAPAN ETF	464286848
SNY	SANOFI	68,350	$3.117M	1.2%	$45.60	$46.85	—	SPONSORED ADR	80105N105
SAN	BANCO SANTANDER SA	373,334	$3.11M	1.2%	$8.33	$7.60	—	ADR	05964H105
GM	GENERAL MTRS CO	88,560	$3.092M	1.2%	$34.91 *	$26.65	-8.1%	COM	37045V100
BBVA	BANCO BILBAO VIZCAYA ARGENTA	323,914	$3.042M	1.2%	$9.39	$9.20	—	SPONSORED ADR	05946K101
MSFT	MICROSOFT CORP	63,933	$2.97M	1.2%	$46.45 *	$26.72	+49.2%	COM	594918104
PEP	PEPSICO INC	28,510	$2.696M	1.1%	$94.56 *	$56.39	+21.7%	COM	713448108
FEZ	SPDR INDEX SHS FDS	72,180	$2.661M	1.1%	$36.87	$37.42	—	EURO STOXX 50	78463X202
—	CHINA MOBILE LIMITED	44,850	$2.638M	1.1%	$58.82	$49.37	—	SPONSORED ADR	16941m109
MRK	MERCK & CO INC NEW	44,201	$2.51M	1.0%	$56.79 *	$30.02	+31.1%	COM	58933Y105
C	CITIGROUP INC	43,689	$2.364M	0.9%	$54.11 *	$36.41	+8.6%	COM NEW	172967424
EWG	ISHARES	84,324	$2.311M	0.9%	$27.41	$27.46	—	MSCI GERMANY ETF	464286806
XLY	SELECT SECTOR SPDR TR	30,400	$2.193M	0.9%	$72.14	$56.41	—	SBI CONS DISCR	81369Y407
IJH	ISHARES TR	14,974	$2.168M	0.9%	$144.78	$119.47	—	CORE S&P MCP ETF	464287507
AXP	AMERICAN EXPRESS CO	22,575	$2.1M	0.8%	$93.02 *	$59.62	+28.2%	COM	025816109
VEU	VANGUARD INTL EQUITY INDEX F	43,734	$2.049M	0.8%	$46.85	$45.22	—	ALLWRLD EX US	922042775
TM	TOYOTA MOTOR CORP	16,200	$2.033M	0.8%	$125.49	$120.65	—	SP ADR REP2COM	892331307
VXF	VANGUARD INDEX FDS	22,709	$1.994M	0.8%	$87.81	$72.79	—	EXTEND MKT ETF	922908652
T	AT&T INC	58,774	$1.974M	0.8%	$33.59 *	$11.27	+4.8%	COM	00206R102
EFA	ISHARES TR	31,707	$1.929M	0.8%	$60.84	$58.41	—	MSCI EAFE ETF	464287465
—	POWERSHARES QQQ TRUST	18,473	$1.907M	0.8%	$103.23	$76.03	—	UNIT SER 1	73935A104
IJS	ISHARES TR	15,720	$1.854M	0.7%	$117.94	$95.17	—	SP SMCP600VL ETF	464287879
VBR	VANGUARD INDEX FDS	17,484	$1.849M	0.7%	$105.75	$87.29	—	SM CP VAL ETF	922908611
FAS	DIREXION SHS ETF TR	13,300	$1.691M	0.7%	$127.14	$94.66	—	DLY FIN BULL NEW	25459Y694
VPL	VANGUARD INTL EQUITY INDEX F	29,007	$1.65M	0.7%	$56.88	$56.56	—	FTSE PACIFIC ETF	922042866
—	GOOGLE INC	3,068	$1.628M	0.6%	$530.64	$673.88	—	CL A	38259P508
MDY	SPDR S&P MIDCAP 400 ETF TR	5,845	$1.543M	0.6%	$263.99	$238.64	—	UTSER1 S&PDCRP	78467Y107
JPM	JPMORGAN CHASE & CO	23,957	$1.499M	0.6%	$62.57 *	$40.13	+11.4%	COM	46625H100
VV	VANGUARD INDEX FDS	15,500	$1.463M	0.6%	$94.39	$73.42	—	LARGE CAP ETF	922908637
EFV	ISHARES	27,897	$1.424M	0.6%	$51.04	$49.77	—	EAFE VALUE ETF	464288877
—	NOVARTIS A G	15,100	$1.399M	0.6%	$92.65	$70.73	—	SPONSORED ADR	66987v109
SPEU	SPDR INDEX SHS FDS	40,000	$1.369M	0.5%	$34.23	$34.17	—	STOXX EUR 50 ETF	78463X103
DE	DEERE & CO	15,300	$1.354M	0.5%	$88.50 *	$68.79	+2.7%	COM	244199105
CAT	CATERPILLAR INC DEL	14,430	$1.321M	0.5%	$91.55 *	$61.62	+19.0%	COM	149123101
—	ROYAL DUTCH SHELL PLC	19,718	$1.32M	0.5%	$66.94	$67.40	—	SPONS ADR A	780259206
VALE	VALE S A	160,580	$1.314M	0.5%	$8.18	$12.73	—	ADR	91912E105
SCZ	ISHARES	27,480	$1.284M	0.5%	$46.72	$43.56	—	EAFE SML CP ETF	464288273
—	PETROLEO BRASILEIRO SA PETRO	169,050	$1.234M	0.5%	$7.30	$13.53	—	SPONSORED ADR	71654v408
—	POWERSHARES DB CMDTY IDX TRA	66,257	$1.222M	0.5%	$18.44	$24.33	—	UNIT BEN INT	73935S105
—	AMERICA MOVIL SAB DE CV	50,426	$1.118M	0.4%	$22.17	$9.55	—	SPON ADR L SHS	02364w105
IGE	ISHARES TR	28,811	$1.104M	0.4%	$38.32	$39.30	—	NA NAT RES	464287374
TEVA	TEVA PHARMACEUTICAL INDS LTD	17,295	$995K	0.4%	$57.53	$40.33	—	ADR	881624209
EEM	ISHARES TR	25,216	$991K	0.4%	$39.30	$39.81	—	MSCI EMG MKT ETF	464287234
—	UNILEVER N V	25,130	$981K	0.4%	$39.04	$40.28	—	N Y SHS NEW	904784709
EUO	PROSHARES TR II	44,050	$952K	0.4%	$21.61	$16.94	—	ULTRASHRT EURO	74347W882
—	GOOGLE INC	1,807	$951K	0.4%	$526.29	$559.83	—	CL C	38259p706
IEV	ISHARES TR	22,000	$936K	0.4%	$42.55	$42.66	—	EUROPE ETF	464287861
IWM	ISHARES TR	7,789	$932K	0.4%	$119.66	$101.67	—	RUSSELL 2000 ETF	464287655
VNQ	VANGUARD INDEX FDS	11,460	$928K	0.4%	$80.98	$68.50	—	REIT ETF	922908553
INTC	INTEL CORP	23,670	$859K	0.3%	$36.29 *	$17.81	+49.5%	COM	458140100
DB	DEUTSCHE BANK AG	26,762	$803K	0.3%	$30.01 *	$25.59	-7.8%	NAMEN AKT	D18190898
—	CRANE CO	12,600	$740K	0.3%	$58.73	$59.94	—	COM	224399105
FCX	FREEPORT-MCMORAN INC	30,900	$722K	0.3%	$23.37 *	$27.47	-11.7%	CL B	35671D857
—	WALGREENS BOOTS ALLIANCE INC	9,000	$686K	0.3%	$76.22	$76.22	—	COM	931427108
—	ROYAL DUTCH SHELL PLC	9,200	$640K	0.3%	$69.57	$69.63	—	SPON ADR B	780259107
VZ	VERIZON COMMUNICATIONS INC	13,546	$634K	0.3%	$46.80 *	$26.08	+6.1%	COM	92343V104
GGB	GERDAU S A	177,900	$632K	0.3%	$3.55	$5.71	—	SPON ADR REP PFD	373737105
GWX	SPDR INDEX SHS FDS	22,284	$609K	0.2%	$27.33	$29.67	—	S&P INTL SMLCP	78463X871
EPP	ISHARES	13,475	$592K	0.2%	$43.93	$43.30	—	MSCI PAC JP ETF	464286665
SLV	ISHARES SILVER TRUST	35,770	$539K	0.2%	$15.07	$16.35	—	ISHARES	46428Q109
OEF	ISHARES TR	5,800	$527K	0.2%	$90.86	$71.95	—	S&P 100 ETF	464287101
—	RYDEX ETF TRUST	5,320	$426K	0.2%	$80.08	$76.63	—	GUG S&P500 EQ WT	78355W106
SONY	SONY CORP	20,000	$409K	0.2%	$20.45	$21.20	—	ADR NEW	835699307
VEA	VANGUARD TAX MANAGED INTL FD	10,500	$398K	0.2%	$37.90	$37.90	—	FTSE DEV MKT ETF	921943858
EWZ	ISHARES	10,625	$389K	0.2%	$36.61	$43.35	—	MSCI BRZ CAP ETF	464286400
DEO	DIAGEO P L C	3,380	$386K	0.2%	$114.20	$132.14	—	SPON ADR NEW	25243Q205
—	PROSHARES TR	10,000	$380K	0.2%	$38.00	$45.40	—	ULTRAPRO SHORT S	74348A442
XLF	SELECT SECTOR SPDR TR	15,334	$379K	0.2%	$24.72	$19.89	—	SBI INT-FINL	81369Y605
—	EMPRESAS ICA S A DE CV	75,000	$369K	0.1%	$4.92	$6.93	—	SPONS ADR NEW	292448206
VNQI	VANGUARD INTL EQUITY INDEX F	6,765	$362K	0.1%	$53.51	$53.81	—	GLB EX US ETF	922042676
—	UNITED STATES STL CORP NEW	12,500	$334K	0.1%	$26.72	$39.20	—	COM	912909108
AAXJ	ISHARES	5,345	$326K	0.1%	$60.99	$59.06	—	MSCI AC ASIA ETF	464288182
—	WASTE MGMT INC DEL	6,350	$326K	0.1%	$51.34	$44.88	—	COM	94106l109
SID	COMPANHIA SIDERURGICA NACION	145,500	$303K	0.1%	$2.08	$2.77	—	SPONSORED ADR	20440W105
FXI	ISHARES TR	7,284	$303K	0.1%	$41.60	$37.76	—	CHINA LG-CAP ETF	464287184
QCOM	QUALCOMM INC	3,595	$267K	0.1%	$74.27 *	$53.34	0.0%	COM	747525103
CVX	CHEVRON CORP NEW	2,349	$264K	0.1%	$112.39 *	$71.46	-1.3%	COM	166764100
VGK	VANGUARD INTL EQUITY INDEX F	4,935	$259K	0.1%	$52.48	$58.47	—	FTSE EUROPE ETF	922042874
IWF	ISHARES TR	2,585	$247K	0.1%	$95.55	$74.90	—	RUS 1000 GRW ETF	464287614
—	KRAFT FOODS GROUP INC	3,519	$221K	0.1%	$62.80	$59.88	—	COM	50076Q106
FMX	FOMENTO ECONOMICO MEXICANO S	2,300	$202K	0.1%	$87.83	$87.83	—	SPON ADR UNITS	344419106
—	NUVEEN TEX QUALITY INCOME MU	11,700	$169K	0.1%	$14.44	$13.66	—	COM	670983105
—	PEABODY ENERGY CORP	19,780	$153K	0.1%	$7.74	$14.66	—	COM	704549104
—	ENERGY XXI LTD	45,000	$147K	0.1%	$3.27	$3.27	—	USD UNRS SHS	G10082140
—	GABELLI EQUITY TR INC	20,000	$129K	0.1%	$6.45	$6.45	—	COM	362397101
ABEV	AMBEV SA	13,700	$85,000	0.0%	$6.20	$7.45	—	SPONSORED ADR	02319V103