Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Coach Inc	1,130,809	$39.14M	14.3%	$56.64	—	COM	189754104
IBOC	International Bancshares Corp.	515,525	$13.85M	5.1%	$14.96	+34.9%	COM	459044103
—	Powershares QQQ Trust Series 1	111,976	$11.99M	4.4%	$71.27	—	COM	73935A104
—	PowerShares KBW Bank ETF	239,160	$9.507M	3.5%	$33.02	—	COM	73937b746
—	First Trust ISE-Revere Natural	769,035	$7.267M	2.7%	$14.11	—	COM	33734j102
ITB	iShares DJ US Home Constructio	244,201	$6.703M	2.4%	$22.54	—	COM	464288752
MGK	Vanguard MegaCap300 Growth Ind	65,547	$5.438M	2.0%	$62.33	—	COM	921910816
MGC	Vanguard Mega Cap 300 Index ET	67,330	$4.733M	1.7%	$55.88	—	COM	921910873
IXN	IShares S&P Global Technology	47,905	$4.583M	1.7%	$77.77	—	COM	464287291
VFH	Vanguard Financials ETF	82,786	$4.112M	1.5%	$45.47	—	COM	92204A405
VO	Vanguard Mid-Cap ETF	32,268	$4.112M	1.5%	$129.15	—	COM	922908629
AAPL	Apple Inc	31,143	$3.906M	1.4%	$18.32	+55.8%	COM	037833100
—	General Electric Company	142,656	$3.79M	1.4%	$23.22	—	COM	369604103
—	Blackstone Group LP	92,275	$3.771M	1.4%	$21.74	—	COM	09253U108
UNH	UnitedHealth Group, Inc.	28,101	$3.428M	1.3%	$50.94	+95.5%	COM	91324P102
—	SPDR S&P Oil & Gas Explor & Pr	69,361	$3.236M	1.2%	$47.89	—	COM	78464A730
BAC	Bank of America Corp	186,653	$3.177M	1.2%	$10.09	+30.1%	COM	060505104
—	Carlyle Group	103,000	$2.899M	1.1%	$28.45	—	COM	14309l102
HD	Home Depot Inc	24,455	$2.718M	1.0%	$56.08	+55.3%	COM	437076102
VXF	Vanguard Extended Market Index	27,354	$2.516M	0.9%	$81.41	—	COM	922908652
MSFT	Microsoft Corp	55,572	$2.454M	0.9%	$26.70	+47.1%	COM	594918104
JPM	JPMorgan Chase & Co	35,074	$2.377M	0.9%	$36.44	+34.8%	COM	46625H100
C	Citigroup Inc	42,189	$2.331M	0.9%	$35.84	+13.2%	COM	172967424
—	KKR & Co. LP Del Com Units	98,825	$2.258M	0.8%	$22.80	—	COM	48248m102
AIG	American International Group N	35,759	$2.211M	0.8%	$33.84	+34.4%	COM	026874784
—	Hewlett-Packard Company	72,317	$2.17M	0.8%	$24.96	—	COM	428236103
CMCSA	Comcast Corp New Cl A	35,884	$2.158M	0.8%	$15.70	+46.4%	COM	20030N101
—	Global X Silver Miners ETF	251,975	$2.154M	0.8%	$11.43	—	COM	37950E853
VEU	Vanguard FTSE All World Ex-US	43,905	$2.132M	0.8%	$45.03	—	COM	922042775
ORCL	Oracle Corp	51,900	$2.092M	0.8%	$27.61	+34.0%	COM	68389X105
INTC	Intel Corp	68,067	$2.07M	0.8%	$17.19	+46.0%	COM	458140100
WFC	Wells Fargo & Co New	36,597	$2.058M	0.8%	$27.77	+49.0%	COM	949746101
DIS	The Walt Disney Co.	17,789	$2.03M	0.7%	$56.75	+76.2%	COM	254687106
MGV	Vanguard MegaCap 300 Value Ind	33,885	$2.029M	0.7%	$52.15	—	COM	921910840
—	Time Warner, Inc.	23,142	$2.023M	0.7%	$57.98	—	COM	887317303
FDX	FedEx Corp.	11,705	$1.995M	0.7%	$81.95	+81.0%	COM	31428X106
TEVA	Teva Pharmaceutical Industries	33,217	$1.963M	0.7%	$39.20	—	COM	881624209
EWZ	iShares MSCI Brazil Index ETF	58,050	$1.902M	0.7%	$32.76	—	COM	464286400
VWO	Vanguard Emerging Markets ETF	44,290	$1.811M	0.7%	$39.60	—	COM	922042858
CSCO	Cisco Systems Inc	63,617	$1.747M	0.6%	$15.33	+34.6%	COM	17275R102
PG	Procter & Gamble	22,318	$1.746M	0.6%	$55.29	+8.4%	COM	742718109
PFE	Pfizer, Inc.	49,100	$1.646M	0.6%	$16.50	+25.9%	COM	717081103
YUM	Yum! Brands, Inc.	17,564	$1.582M	0.6%	$39.34	+32.1%	COM	988498101
EBAY	eBay, Inc.	26,225	$1.58M	0.6%	$20.18	+10.0%	COM	278642103
SCHW	Charles Schwab Corp.	47,846	$1.562M	0.6%	$15.92	+74.3%	COM	808513105
VOE	Vanguard Mid-Cap Value ETF	16,210	$1.468M	0.5%	$84.42	—	COM	922908512
JNJ	Johnson & Johnson	15,046	$1.466M	0.5%	$60.00	+24.1%	COM	478160104
HON	Honeywell International	13,837	$1.411M	0.5%	$53.55	+39.6%	COM	438516106
—	PowerShares KBW Regional Banki	29,975	$1.317M	0.5%	$33.43	—	COM	73937b712
BRK/B	Berkshire Hathaway Cl B	9,595	$1.306M	0.5%	$116.63	+22.3%	COM	084670702
AXP	American Express Company	16,784	$1.304M	0.5%	$60.06	+13.3%	COM	025816109
IBM	International Business Machine	7,990	$1.3M	0.5%	$117.44	-12.3%	COM	459200101
MCD	McDonald's Corp.	13,220	$1.257M	0.5%	$71.78	+3.3%	COM	580135101
SONY	Sony Corp. (ADR)	43,597	$1.238M	0.5%	$21.15	—	COM	835699307
BMY	Bristol-Myers Squibb Co.	18,570	$1.236M	0.5%	$28.67	+60.5%	COM	110122108
VOT	Vanguard Mid-Cap Growth ETF	11,360	$1.211M	0.4%	$95.40	—	COM	922908538
COST	Costco Wholesale Corp New	8,770	$1.184M	0.4%	$86.84	+38.5%	COM	22160K105
UBS	UBS Group CHF0.10	54,285	$1.151M	0.4%	$17.24	+21.1%	COM	H42097107
T	AT&T, Inc.	31,046	$1.103M	0.4%	$10.99	+11.1%	COM	00206R102
—	SPDR S&P Homebuilders ETF	29,165	$1.068M	0.4%	$30.67	—	COM	78464a888
IWF	iShares Russell 1000 Growth In	10,784	$1.068M	0.4%	$76.00	—	COM	464287614
—	Market Vectors Gold Miners ETF	57,400	$1.019M	0.4%	$22.88	—	COM	57060u100
—	TE Connectivity Ltd. F	15,650	$1.006M	0.4%	$45.52	—	COM	h84989104
PHG	Koninklijke Philips Electronic	39,319	$1.001M	0.4%	$27.19	—	COM	500472303
OEF	iShares S&P 100 Index ETF	10,875	$988K	0.4%	$71.93	—	COM	464287101
FNDB	Schwab Fundamental US Broad Mk	32,962	$977K	0.4%	$29.63	—	COM	808524789
—	EMC Corp.	36,920	$974K	0.4%	$23.70	—	COM	268648102
—	Chesapeake Energy Corp	82,270	$919K	0.3%	$18.95	—	COM	165167107
TELFY	Telefonica SA (ADR)	62,766	$891K	0.3%	$13.02	—	COM	879382208
DBEU	DB X-Trackers MSCI Europe UCIT	14,850	$870K	0.3%	$59.67	—	COM	233051853
LOW	Lowe's Companies, Inc.	12,850	$861K	0.3%	$32.16	+82.9%	COM	548661107
LMT	Lockheed Martin Corp	4,535	$843K	0.3%	$71.65	+101.8%	COM	539830109
COP	ConocoPhillips	13,517	$830K	0.3%	$40.09	+15.7%	COM	20825C104
BA	Boeing Co	5,775	$801K	0.3%	$82.36	+56.4%	COM	097023105
VUG	Vanguard Growth ETF	7,416	$794K	0.3%	$83.30	—	COM	922908736
KRE	SPDR KBW Regional Banking ETF	17,800	$786K	0.3%	$34.21	—	COM	78464A698
VTV	Vanguard Value ETF	9,052	$755K	0.3%	$81.96	—	COM	922908744
XOM	Exxon Mobil Corp	8,965	$746K	0.3%	$53.94	+0.7%	COM	30231G102
IWS	iShares Russell Midcap Value I	10,050	$741K	0.3%	$57.92	—	COM	464287473
HUM	Humana Inc	3,800	$727K	0.3%	$71.14	+140.1%	COM	444859102
—	AIG Warrants Expire 1/19/2021	26,226	$727K	0.3%	$18.24	—	COM	026874156
CVS	CVS Caremark Corp	6,750	$708K	0.3%	$43.12	+74.5%	COM	126650100
VZ	Verizon Communications	14,885	$694K	0.3%	$26.99	+4.9%	COM	92343V104
HST	Host Hotels & Resorts, Inc.	34,698	$688K	0.3%	$10.74	+21.8%	COM	44107P104
EZU	iShares MSCI EMU Index Fund ET	18,250	$685K	0.3%	$37.28	—	COM	464286608
—	DIRECTV Cl A	7,319	$679K	0.2%	$61.75	—	COM	25490a309
IWD	iShares Russell 1000 Value Ind	6,550	$676K	0.2%	$85.47	—	COM	464287598
—	Viacom Inc Cl B New	10,308	$666K	0.2%	$68.74	—	COM	92553P201
BDX	Becton Dickinson & Co	4,622	$655K	0.2%	$79.38	+47.9%	COM	075887109
VGK	Vanguard European ETF	12,133	$655K	0.2%	$53.17	—	COM	922042874
—	JP Morgan Warrants Exp. 10/28/	25,950	$642K	0.2%	$16.27	—	COM	46634e114
CVX	Chevron Corp	6,540	$631K	0.2%	$70.89	-6.3%	COM	166764100
XLE	Energy Select Sector SPDR	8,375	$629K	0.2%	$78.26	—	COM	81369Y506
SPY	SPDR S&P 500 Index ETF	2,976	$613K	0.2%	$183.97	—	COM	78462F103
AMGN	Amgen Inc.	3,986	$612K	0.2%	$73.34	+60.3%	COM	031162100
SAP	SAP AG (ADR)	8,509	$598K	0.2%	$73.37	—	COM	803054204
XLF	Financial Select Sector SPDR	24,500	$597K	0.2%	$19.44	—	COM	81369Y605
—	Discovery Communications Ser C	19,062	$592K	0.2%	$47.59	—	COM	25470F302
IWP	iShares Russell Midcap Growth	6,030	$584K	0.2%	$75.33	—	COM	464287481
—	SPDR Dow Jones Industrial Aver	3,285	$578K	0.2%	$148.57	—	COM	78467x109
IWN	iShares Russell 2000 Value Ind	5,580	$569K	0.2%	$86.24	—	COM	464287630
MCK	McKesson Corp.	2,528	$568K	0.2%	$108.95	+95.6%	COM	58155Q103
—	iShares MSCI Japan Index ETF	44,280	$567K	0.2%	$11.41	—	COM	464286848
—	Yahoo! Inc.	14,190	$558K	0.2%	$25.12	—	COM	984332106
—	Aetna Inc New	4,301	$548K	0.2%	$64.04	—	COM	00817Y108
PEP	Pepsico, Inc.	5,845	$546K	0.2%	$57.11	+21.4%	COM	713448108
CAT	Caterpillar Inc	6,395	$542K	0.2%	$61.63	+6.9%	COM	149123101
—	United Technologies Corp	4,856	$539K	0.2%	$95.90	—	COM	913017109
TM	Toyota Motor Corp. (ADR)	3,980	$532K	0.2%	$120.67	—	COM	892331307
—	Banco Santander, S.A. (ADR)	74,186	$520K	0.2%	$7.12	—	COM	05964h105
PM	Philip Morris International In	6,478	$519K	0.2%	$49.64	-2.7%	COM	718172109
—	Level 3 Communications	9,664	$509K	0.2%	$21.09	—	COM	52729n308
QCOM	Qualcomm Inc	8,050	$504K	0.2%	$46.05	+9.2%	COM	747525103
MRSH	Marsh & McLennan Companies, In	8,750	$496K	0.2%	$31.19	+54.2%	COM	571748102
—	Tyco International PLC Shares	12,795	$492K	0.2%	$43.86	—	COM	g91442106
—	Monsanto Company	4,610	$491K	0.2%	$99.75	—	COM	61166W101
—	Medtronic Inc.	6,590	$488K	0.2%	$77.95	—	COM	g5960L103
AMZN	Amazon.com, Inc.	1,104	$479K	0.2%	$14.04	+48.8%	COM	023135106
—	Industrial Select Sector SPDR	8,750	$473K	0.2%	$56.37	—	COM	81369y704
—	GlaxoSmithKline Plc (ADR)	11,332	$472K	0.2%	$50.08	—	COM	37733W105
MMM	3M Company	3,059	$472K	0.2%	$62.09	+52.7%	COM	88579Y101
KBE	SPDR KBW Bank ETF	12,762	$463K	0.2%	$29.14	—	COM	78464A797
WMT	Wal-Mart Stores Inc	6,284	$446K	0.2%	$19.99	+4.5%	COM	931142103
TMO	Thermo Fisher Scientific	3,350	$435K	0.2%	$79.76	+58.3%	COM	883556102
NVS	Novartis AG (ADR)	4,395	$432K	0.2%	$70.87	—	COM	66987V109
XLK	Technology Select Sector SPDR	10,388	$430K	0.2%	$31.80	—	COM	81369Y803
GS	Goldman Sachs Group Inc	2,030	$424K	0.2%	$125.69	+31.0%	COM	38141G104
VNQ	Vanguard REIT ETF	5,580	$417K	0.2%	$73.20	—	COM	922908553
XLV	Health Care Sector Select SPDR	5,500	$409K	0.1%	$49.08	—	COM	81369Y209
—	ProShares Ultra Pro S&P500	6,000	$398K	0.1%	$69.33	—	COM	74347x864
VB	Vanguard Small-Cap ETF	3,250	$395K	0.1%	$118.90	—	COM	922908751
CAR	Avis Budget Group Inc	8,940	$394K	0.1%	$28.57	+75.4%	COM	053774105
SCHX	Schwab US Large-Cap ETF	7,935	$391K	0.1%	$49.53	—	COM	808524201
—	SPDR Dow Jones Global Real Est	8,403	$385K	0.1%	$45.35	—	COM	78463x749
MRK	Merck & Co Inc New	6,675	$380K	0.1%	$30.02	+34.0%	COM	58933Y105
IEV	iShares S&P Euro 350 Index Fun	8,700	$380K	0.1%	$39.34	—	COM	464287861
—	Direxion Daily Financial Bull	12,000	$376K	0.1%	$40.67	—	COM	25459y694
SLB	Schlumberger Ltd F	4,296	$370K	0.1%	$55.18	+21.0%	COM	806857108
IWV	iShares Russell 3000 Index Fun	2,925	$363K	0.1%	$96.41	—	COM	464287689
V	Visa, Inc. Cl A	5,300	$356K	0.1%	$56.35	+11.7%	COM	92826C839
NKE	Nike Inc Cl B	3,300	$356K	0.1%	$30.96	+44.7%	COM	654106103
—	PowerShares Water Resources	14,200	$354K	0.1%	$22.04	—	COM	73935X575
MDY	SPDR S&P MidCap 400 ETF	1,270	$347K	0.1%	$276.35	—	COM	78467Y107
VSH	Vishay Intertechnology	29,440	$344K	0.1%	$10.88	-3.7%	COM	928298108
PNC	PNC Financial Services Group,	3,500	$335K	0.1%	$47.34	+43.0%	COM	693475105
—	SPDR DJ Euro Stoxx 50 ETF	8,900	$333K	0.1%	$34.51	—	COM	78463x202
IWM	iShares Russell 2000 Index ETF	2,655	$332K	0.1%	$125.05	—	COM	464287655
VT	Vanguard Total World Stock ETF	5,369	$330K	0.1%	$62.10	—	COM	922042742
SNY	Sanofi Aventis (ADR)	6,665	$330K	0.1%	$51.45	—	COM	80105N105
FNDF	Schwab Fundamental Intl. Large	12,318	$330K	0.1%	$25.67	—	COM	808524755
—	PowerShares Global Listed Priv	28,500	$330K	0.1%	$12.01	—	COM	73935x195
EFV	iShares MSCI EAFE Value Index	6,280	$329K	0.1%	$51.76	—	COM	464288877
HSBC	HSBC Hldgs PLC (ADR)New	7,103	$318K	0.1%	$51.33	—	COM	404280406
HMC	Honda Motor Co Ltd (ADR)	9,468	$307K	0.1%	$36.65	—	COM	438128308
WPP	WPP Plc (ADR)	2,709	$305K	0.1%	$114.41	—	COM	92937A102
—	Federal Realty Investment Trus	2,360	$302K	0.1%	$103.55	—	COM	313747206
—	Google Inc Cl C	559	$291K	0.1%	$955.11	—	COM	38259P706
AIVL	WisdomTree Dividend Ex-Financi	3,945	$290K	0.1%	$63.63	—	COM	97717W406
—	CBS Corp Cl B New	5,190	$288K	0.1%	$49.13	—	COM	124857202
VEA	Vanguard FTSE Developed Market	7,110	$282K	0.1%	$39.66	—	COM	921943858
WM	Waste Management Inc.	6,000	$278K	0.1%	$30.75	+33.0%	COM	94106L109
MS	Morgan Stanley	7,140	$277K	0.1%	$21.93	+29.5%	COM	617446448
DEO	Diageo Plc New (ADR)	2,370	$275K	0.1%	$115.16	—	COM	25243Q205
—	Google Inc Cl A	506	$273K	0.1%	$579.27	—	COM	38259P508
MOV	Movado Group Inc.	10,000	$272K	0.1%	$32.63	-11.7%	COM	624580106
AMAT	Applied Materials Inc	14,100	$271K	0.1%	$12.42	+45.0%	COM	038222105
XME	SPDR S&P Metals & Mining ETF	11,100	$270K	0.1%	$30.90	—	COM	78464A755
DHS	WisdomTree Equity Income ETF	4,500	$268K	0.1%	$51.96	—	COM	97717W208
—	Mexico Fund Inc	12,004	$254K	0.1%	$30.74	—	COM	592835102
—	Expedia Inc	2,300	$252K	0.1%	$93.91	—	COM	30212p303
MO	Altria Group Inc	5,135	$251K	0.1%	$19.20	+31.6%	COM	02209S103
EEM	iShares MSCI Emerging Markets	6,300	$250K	0.1%	$38.67	—	COM	464287234
VYM	Vanguard High Dividend Yield E	3,700	$249K	0.1%	$68.38	—	COM	921946406
STT	State Street Corp	3,200	$246K	0.1%	$44.60	+29.2%	COM	857477103
—	Mylan Inc	3,600	$244K	0.1%	$59.44	—	COM	n59465109
—	ADT Corporation	7,100	$238K	0.1%	$34.96	—	COM	00101j106
NEM	Newmont Mining Corp	10,150	$237K	0.1%	$25.10	-22.1%	COM	651639106
SCHE	Schwab Emerging Markets Equity	9,531	$234K	0.1%	$24.35	—	COM	808524706
—	Potash Corporation of Saskatch	7,400	$229K	0.1%	$33.03	—	COM	73755L107
—	Whole Foods Market Inc	5,800	$229K	0.1%	$48.89	—	COM	966837106
AFL	AFLAC Inc	3,600	$224K	0.1%	$24.64	0.0%	COM	001055102
XLB	Materials Select Sector SPDR E	4,575	$221K	0.1%	$48.31	—	COM	81369Y100
RWX	SPDR DJ International Real Est	5,145	$215K	0.1%	$41.79	—	COM	78463X863
KO	Coca-Cola Co.	5,429	$213K	0.1%	$27.85	+4.2%	COM	191216100
—	Dow Chemical Company	4,130	$211K	0.1%	$44.40	—	COM	260543103
A	Agilent Technologies Inc	5,436	$210K	0.1%	$27.97	+36.2%	COM	00846U101
GLW	Corning Inc	10,600	$209K	0.1%	$10.49	+53.7%	COM	219350105
VBK	Vanguard Index Trust Small-Cap	1,550	$208K	0.1%	$131.61	—	COM	922908595
—	WisdomTree Mid-Cap Dividend Fu	2,500	$207K	0.1%	$83.60	—	COM	97717w505
BRK/A	Berkshire Hathaway Inc. 1/100t	100	$205K	0.1%	$199815.62	+7.4%	COM	084670108
—	Alcatel-Lucent (ADR)	53,926	$195K	0.1%	$1.82	—	COM	013904305
PBR	Petroleo Brasileiro SA (ADR)	20,800	$188K	0.1%	$11.47	—	COM	71654V408
—	Vale S.A. American Depositary	24,500	$144K	0.1%	$12.93	—	COM	91912e105
—	Swiss Helvetia Fund	12,227	$143K	0.1%	$12.41	—	COM	870875101
—	Royce Value Trust Inc	10,311	$142K	0.1%	$15.15	—	COM	780910105
NOK	Nokia Corp (ADR)	13,998	$96,000	0.0%	$3.79	—	COM	654902204
—	Capital Acquisition Corp. II W	10,000	$23,000	0.0%	$2.30	—	COM	14056V113