Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	Coach Inc	643,604	$23.53M	7.9%	$56.44	—	COM	189754104
IBOC	International Bancshares Corp.	490,525	$14.61M	4.9%	$14.96	+47.7%	COM	459044103
—	Powershares QQQ Trust Series 1	112,967	$13.41M	4.5%	$73.80	—	COM	73935A104
—	PowerShares KBW Bank ETF	287,607	$10.49M	3.5%	$33.21	—	COM	73937b746
VO	Vanguard Mid-Cap ETF	58,078	$7.518M	2.5%	$126.09	—	COM	922908629
MGK	Vanguard MegaCap300 Growth Ind	77,570	$6.786M	2.3%	$65.05	—	COM	921910816
—	First Trust ISE-Revere Natural	236,871	$6.258M	2.1%	$24.42	—	COM	33733e807
ITB	iShares DJ US Home Constructio	221,651	$6.106M	2.0%	$22.54	—	COM	464288752
IXN	iShares S&P Global Technology	55,075	$6.097M	2.0%	$79.72	—	COM	464287291
VFH	Vanguard Financials ETF	96,421	$4.759M	1.6%	$45.59	—	COM	92204A405
MGC	Vanguard Mega Cap 300 Index ET	61,338	$4.524M	1.5%	$55.88	—	COM	921910873
EWZ	iShares MSCI Brazil Index ETF	130,560	$4.404M	1.5%	$26.29	—	COM	464286400
—	SPDR S&P Oil & Gas Explor & Pr	111,060	$4.271M	1.4%	$41.45	—	COM	78464A730
MGV	Vanguard MegaCap 300 Value Ind	67,000	$4.199M	1.4%	$54.99	—	COM	921910840
AAPL	Apple Inc	34,856	$3.94M	1.3%	$18.87	+28.4%	COM	037833100
—	General Electric Company	131,836	$3.905M	1.3%	$23.27	—	COM	369604103
—	Carlyle Group	242,450	$3.775M	1.3%	$20.80	—	COM	14309l102
—	KKR & Co. LP Del Com Units	260,225	$3.711M	1.2%	$17.93	—	COM	48248m102
UNH	UnitedHealth Group, Inc.	24,751	$3.465M	1.2%	$50.94	+136.6%	COM	91324P102
VEU	Vanguard FTSE All World Ex-US	70,385	$3.198M	1.1%	$44.22	—	COM	922042775
—	Blackstone Group LP	125,110	$3.194M	1.1%	$24.09	—	COM	09253U108
VXF	Vanguard Extended Market Index	34,945	$3.189M	1.1%	$82.07	—	COM	922908652
BAC	Bank of America Corp	195,848	$3.065M	1.0%	$10.15	+18.9%	COM	060505104
VWO	Vanguard Emerging Markets ETF	77,831	$2.929M	1.0%	$37.14	—	COM	922042858
MSFT	Microsoft Corp	50,358	$2.901M	1.0%	$26.70	+88.3%	COM	594918104
—	Global X Silver Miners ETF	63,061	$2.805M	0.9%	$18.51	—	COM	37954y848
HD	Home Depot Inc	20,523	$2.641M	0.9%	$56.08	+89.6%	COM	437076102
INTC	Intel Corp	61,342	$2.316M	0.8%	$17.19	+66.5%	COM	458140100
CMCSA	Comcast Corp New Cl A	33,222	$2.204M	0.7%	$15.87	+67.7%	COM	20030N101
XLE	Energy Select Sector SPDR	31,180	$2.202M	0.7%	$65.21	—	COM	81369Y506
JPM	JPMorgan Chase & Co	33,052	$2.201M	0.7%	$36.59	+39.0%	COM	46625H100
C	Citigroup Inc	45,959	$2.171M	0.7%	$35.46	-3.7%	COM	172967424
FDX	FedEx Corp.	11,885	$2.076M	0.7%	$83.01	+69.8%	COM	31428X106
ORCL	Oracle Corp	50,850	$1.997M	0.7%	$27.75	+27.7%	COM	68389X105
PG	Procter & Gamble	22,151	$1.988M	0.7%	$55.30	+22.1%	COM	742718109
AIG	American International Group N	33,225	$1.972M	0.7%	$33.84	+33.2%	COM	026874784
VTI	Vanguard Total Stock Mkt	17,690	$1.969M	0.7%	$100.86	—	COM	922908769
IWD	iShares Russell 1000 Value Ind	18,600	$1.965M	0.7%	$91.26	—	COM	464287598
GNR	SPDR S&P Global Natural Resour	49,974	$1.955M	0.7%	$33.93	—	COM	78463X541
VOE	Vanguard Mid-Cap Value ETF	19,310	$1.807M	0.6%	$84.77	—	COM	922908512
CSCO	Cisco Systems Inc	56,867	$1.804M	0.6%	$15.33	+50.5%	COM	17275R102
PFE	Pfizer, Inc.	50,068	$1.696M	0.6%	$16.63	+33.9%	COM	717081103
SPY	SPDR S&P 500 Index ETF	7,836	$1.695M	0.6%	$193.05	—	COM	78462F103
—	Time Warner, Inc.	20,379	$1.622M	0.5%	$57.98	—	COM	887317303
T	AT&T, Inc.	39,612	$1.609M	0.5%	$11.34	+43.7%	COM	00206R102
JNJ	Johnson & Johnson	13,449	$1.589M	0.5%	$60.00	+56.0%	COM	478160104
TEVA	Teva Pharmaceutical Industries	34,447	$1.585M	0.5%	$39.57	—	COM	881624209
WFC	Wells Fargo & Co New	35,368	$1.566M	0.5%	$28.00	+31.5%	COM	949746101
YUM	Yum! Brands, Inc.	16,714	$1.518M	0.5%	$39.34	+36.9%	COM	988498101
DIS	The Walt Disney Co.	16,263	$1.51M	0.5%	$56.75	+56.6%	COM	254687106
—	Hewlett Packard Enterprise Com	65,361	$1.487M	0.5%	$15.21	—	COM	42824c109
EZU	iShares MSCI EMU Index Fund ET	43,090	$1.486M	0.5%	$35.40	—	COM	464286608
—	Industrial Select Sector SPDR	25,225	$1.473M	0.5%	$54.76	—	COM	81369y704
SCHW	Charles Schwab Corp.	46,446	$1.466M	0.5%	$15.92	+63.5%	COM	808513105
HON	Honeywell International	12,396	$1.445M	0.5%	$53.55	+60.7%	COM	438516106
MCD	McDonald's Corp.	12,391	$1.429M	0.5%	$71.78	+31.7%	COM	580135101
KRE	SPDR KBW Regional Banking ETF	33,450	$1.414M	0.5%	$38.04	—	COM	78464A698
VTV	Vanguard Value ETF	16,052	$1.397M	0.5%	$82.78	—	COM	922908744
IWF	iShares Russell 1000 Growth In	13,234	$1.379M	0.5%	$80.45	—	COM	464287614
EFV	iShares MSCI EAFE Value Index	29,130	$1.345M	0.5%	$47.02	—	COM	464288877
VGK	Vanguard European ETF	27,133	$1.322M	0.4%	$50.78	—	COM	922042874
COST	Costco Wholesale Corp New	8,570	$1.307M	0.4%	$86.84	+57.7%	COM	22160K105
VOT	Vanguard Mid-Cap Growth ETF	12,095	$1.287M	0.4%	$95.92	—	COM	922908538
—	PowerShares KBW Regional Banki	29,050	$1.266M	0.4%	$33.43	—	COM	73937b712
—	Vaneck Vectors Gold Miners ETF	47,100	$1.245M	0.4%	$27.72	—	COM	92189f106
AXP	American Express Company	18,920	$1.212M	0.4%	$59.28	-5.0%	COM	025816109
SONY	Sony Corp. (ADR)	35,997	$1.195M	0.4%	$21.15	—	COM	835699307
IBM	International Business Machine	7,470	$1.187M	0.4%	$117.44	-13.4%	COM	459200101
BRK/B	Berkshire Hathaway Cl B	8,215	$1.187M	0.4%	$117.46	+24.5%	COM	084670702
XLB	Materials Select Sector SPDR E	24,815	$1.185M	0.4%	$44.37	—	COM	81369Y100
PHG	Koninklijke Philips Electronic	36,836	$1.09M	0.4%	$27.19	—	COM	500472303
—	Paypal	25,975	$1.064M	0.4%	$31.04	—	COM	70450y103
—	HP Inc.	68,512	$1.064M	0.4%	$11.85	—	COM	40434l105
VB	Vanguard Small-Cap ETF	8,600	$1.051M	0.4%	$114.91	—	COM	922908751
—	TE Connectivity Ltd. F	15,739	$1.013M	0.3%	$45.52	—	COM	h84989104
IJH	iShares Core S&P Midcap ETF	6,406	$991K	0.3%	$144.37	—	COM	464287507
—	SPDR Dow Jones Industrial Aver	5,405	$988K	0.3%	$154.72	—	COM	78467x109
—	SPDR Dow Jones Global Real Est	19,753	$984K	0.3%	$45.93	—	COM	78463x749
LMT	Lockheed Martin Corp	4,095	$982K	0.3%	$71.65	+171.9%	COM	539830109
VUG	Vanguard Growth ETF	8,725	$980K	0.3%	$87.46	—	COM	922908736
OEF	iShares S&P 100 Index ETF	9,673	$928K	0.3%	$71.93	—	COM	464287101
—	iShares MSCI Japan Index ETF	73,750	$925K	0.3%	$11.43	—	COM	464286848
—	Apollo Global Management LLC	51,500	$925K	0.3%	$15.21	—	COM	037612306
BMY	Bristol-Myers Squibb Co.	16,840	$908K	0.3%	$29.25	+57.8%	COM	110122108
BA	Boeing Co	6,550	$863K	0.3%	$86.51	+39.6%	COM	097023105
FNDB	Schwab Fundamental US Broad Mk	27,596	$856K	0.3%	$29.63	—	COM	808524789
EBAY	eBay, Inc.	25,975	$855K	0.3%	$20.18	+33.1%	COM	278642103
UBS	UBS Group CHF0.10	62,375	$850K	0.3%	$16.86	-19.2%	COM	H42097107
VYM	Vanguard High Dividend Yield E	11,650	$840K	0.3%	$68.17	—	COM	921946406
EEM	iShares MSCI Emerging Markets	22,050	$826K	0.3%	$35.65	—	COM	464287234
—	SPDR S&P Homebuilders ETF	24,240	$823K	0.3%	$30.67	—	COM	78464a888
BDX	Becton Dickinson & Co	4,397	$790K	0.3%	$79.38	+87.1%	COM	075887109
SAP	SAP AG (ADR)	8,635	$789K	0.3%	$73.43	—	COM	803054204
COP	ConocoPhillips	18,051	$785K	0.3%	$38.03	-18.1%	COM	20825C104
—	AIG Warrants Expire 1/19/2021	36,700	$778K	0.3%	$18.41	—	COM	026874156
AMZN	Amazon.com, Inc.	855	$716K	0.2%	$14.04	+172.5%	COM	023135106
DBEU	DB X-Trackers MSCI Europe UCIT	12,750	$698K	0.2%	$58.90	—	COM	233051853
XOM	Exxon Mobil Corp	7,999	$698K	0.2%	$53.86	+8.7%	COM	30231G102
—	JP Morgan Warrants Exp. 10/28/	26,950	$664K	0.2%	$16.39	—	COM	46634e114
CVX	Chevron Corp	6,415	$660K	0.2%	$70.89	-3.4%	COM	166764100
CAT	Caterpillar Inc	7,395	$656K	0.2%	$60.68	+8.8%	COM	149123101
HUM	Humana Inc	3,600	$637K	0.2%	$71.14	+125.8%	COM	444859102
VXUS	Vanguard Total International S	13,095	$618K	0.2%	$46.05	—	COM	921909768
PM	Philip Morris International In	6,328	$615K	0.2%	$49.64	+25.4%	COM	718172109
—	Oaktree Capital	14,475	$614K	0.2%	$48.42	—	COM	674001201
—	Yahoo! Inc.	14,190	$612K	0.2%	$25.12	—	COM	984332106
CVS	CVS Caremark Corp	6,850	$610K	0.2%	$44.14	+60.6%	COM	126650100
XLF	Financial Select Sector SPDR	31,300	$604K	0.2%	$20.18	—	COM	81369Y605
WMT	Wal-Mart Stores Inc	8,367	$603K	0.2%	$19.35	+6.5%	COM	931142103
VNQ	Vanguard REIT ETF	6,910	$599K	0.2%	$77.02	—	COM	922908553
QCOM	Qualcomm Inc	8,718	$597K	0.2%	$45.72	+2.6%	COM	747525103
—	Viacom Inc Cl B New	15,371	$586K	0.2%	$59.73	—	COM	92553P201
TELFY	Telefonica SA (ADR)	58,012	$585K	0.2%	$12.64	—	COM	879382208
VZ	Verizon Communications	11,201	$582K	0.2%	$26.99	+21.9%	COM	92343V104
LOW	Lowe's Companies, Inc.	8,000	$578K	0.2%	$32.16	+103.4%	COM	548661107
XLV	Health Care Sector Select SPDR	8,000	$577K	0.2%	$55.04	—	COM	81369Y209
PEP	Pepsico, Inc.	5,295	$576K	0.2%	$57.11	+42.0%	COM	713448108
MMM	3M Company	3,159	$557K	0.2%	$63.04	+73.2%	COM	88579Y101
—	Discovery Communications Ser C	21,012	$553K	0.2%	$45.51	—	COM	25470F302
HST	Host Hotels & Resorts, Inc.	34,015	$530K	0.2%	$10.74	+10.1%	COM	44107P104
—	United Technologies Corp	5,206	$529K	0.2%	$96.21	—	COM	913017109
TM	Toyota Motor Corp. (ADR)	4,480	$520K	0.2%	$118.26	—	COM	892331307
XLK	Technology Select Sector SPDR	10,888	$520K	0.2%	$32.31	—	COM	81369Y803
TMO	Thermo Fisher Scientific	3,250	$517K	0.2%	$79.76	+88.2%	COM	883556102
AMGN	Amgen Inc.	3,086	$515K	0.2%	$73.34	+74.1%	COM	031162100
—	Johnson Controls Inc.	10,934	$509K	0.2%	$46.55	—	COM	g51502105
MRSH	Marsh & McLennan Companies, In	7,300	$491K	0.2%	$31.19	+83.8%	COM	571748102
IWS	iShares Russell Midcap Value I	6,400	$491K	0.2%	$58.43	—	COM	464287473
SCHB	Schwab U.S. Broad Market ETF	9,112	$477K	0.2%	$50.54	—	COM	808524102
—	Aetna Inc New	4,108	$474K	0.2%	$64.04	—	COM	00817Y108
KBE	SPDR KBW Bank ETF	13,762	$459K	0.2%	$29.27	—	COM	78464A797
MCK	McKesson Corp.	2,738	$457K	0.2%	$113.87	+52.0%	COM	58155Q103
XME	SPDR S&P Metals and Mining ETF	17,050	$452K	0.2%	$25.47	—	COM	78464A755
—	Monsanto Company	4,360	$446K	0.1%	$99.75	—	COM	61166W101
—	ProShares Ultra Pro S&P500	6,000	$442K	0.1%	$69.33	—	COM	74347x864
—	Alphabet Inc Cl C	559	$435K	0.1%	$758.50	—	COM	02079k107
—	Medtronic Inc.	4,943	$427K	0.1%	$77.95	—	COM	g5960L103
—	Level 3 Communications	9,131	$423K	0.1%	$21.09	—	COM	52729n308
IWN	iShares Russell 2000 Value Ind	3,975	$416K	0.1%	$86.42	—	COM	464287630
SCHE	Schwab Emerging Markets Equity	17,740	$409K	0.1%	$22.32	—	COM	808524706
—	GlaxoSmithKline Plc (ADR)	9,372	$404K	0.1%	$50.08	—	COM	37733W105
—	Alphabet Inc Cl A	496	$399K	0.1%	$778.23	—	COM	02079k305
VSH	Vishay Intertechnology	28,103	$396K	0.1%	$10.83	+3.8%	COM	928298108
MRK	Merck & Co Inc New	6,325	$395K	0.1%	$30.02	+45.7%	COM	58933Y105
—	Chesapeake Energy Corp	61,750	$387K	0.1%	$14.21	—	COM	165167107
WM	Waste Management Inc.	6,000	$383K	0.1%	$30.75	+79.3%	COM	94106L109
IWV	iShares Russell 3000 Index Fun	2,925	$375K	0.1%	$96.41	—	COM	464287689
V	Visa, Inc. Cl A	4,473	$370K	0.1%	$56.66	+32.4%	COM	92826C839
SLB	Schlumberger Ltd F	4,676	$368K	0.1%	$55.57	+9.2%	COM	806857108
NEM	Newmont Mining Corp	9,350	$367K	0.1%	$25.10	+29.8%	COM	651639106
HMC	Honda Motor Co Ltd (ADR)	12,468	$361K	0.1%	$33.64	—	COM	438128308
VEA	Vanguard FTSE Developed Market	9,610	$360K	0.1%	$38.98	—	COM	921943858
MDY	SPDR S&P MidCap 400 ETF	1,260	$356K	0.1%	$275.25	—	COM	78467Y107
NVS	Novartis AG (ADR)	4,495	$355K	0.1%	$71.13	—	COM	66987V109
XLY	Consumer Discret Sel Sect SPDR	4,393	$352K	0.1%	$78.08	—	COM	81369Y407
—	Direxion Daily Financial Bull	12,000	$350K	0.1%	$40.67	—	COM	25459y694
—	Banco Santander, S.A. (ADR)	79,281	$350K	0.1%	$6.36	—	COM	05964h105
—	PowerShares Water Resources	14,200	$349K	0.1%	$22.04	—	COM	73935X575
SCHX	Schwab US Large-Cap ETF	6,690	$345K	0.1%	$49.53	—	COM	808524201
IEV	iShares S&P Euro 350 Index Fun	8,700	$343K	0.1%	$39.34	—	COM	464287861
—	Federal Realty Investment Trus	2,175	$335K	0.1%	$103.55	—	COM	313747206
VNQI	Vanguard Global ex-US Real Est	5,950	$334K	0.1%	$56.13	—	COM	922042676
VT	Vanguard Total World Stock ETF	5,419	$330K	0.1%	$62.10	—	COM	922042742
FNDF	Schwab Fundamental Intl. Large	13,025	$328K	0.1%	$25.63	—	COM	808524755
—	SPDR DJ Euro Stoxx 50 ETF	10,000	$328K	0.1%	$34.23	—	COM	78463x202
—	iShares Core MSCI Emerging Mkt	7,146	$326K	0.1%	$45.62	—	COM	46434g103
CAR	Avis Budget Group Inc	9,540	$326K	0.1%	$29.00	+18.7%	COM	053774105
AMAT	Applied Materials Inc	10,700	$323K	0.1%	$12.42	+102.2%	COM	038222105
MO	Altria Group Inc	4,985	$315K	0.1%	$19.20	+81.1%	COM	02209S103
PNC	PNC Financial Services Group,	3,500	$315K	0.1%	$47.34	+33.7%	COM	693475105
WPP	WPP Plc (ADR)	2,650	$312K	0.1%	$114.41	—	COM	92937A102
IYW	iShares Dow Jones U.S. Technol	2,615	$311K	0.1%	$105.16	—	COM	464287721
AIVL	WisdomTree Dividend Ex-Financi	3,945	$310K	0.1%	$63.63	—	COM	97717W406
VSS	Vanguard FTSE All-World ex-US	3,100	$309K	0.1%	$90.83	—	COM	922042718
—	PowerShares Global Listed Priv	28,500	$309K	0.1%	$12.01	—	COM	73935x195
IEFA	iShares Core EAFE	5,580	$308K	0.1%	$52.76	—	COM	46432F842
GS	Goldman Sachs Group Inc	1,880	$303K	0.1%	$126.12	+6.1%	COM	38141G104
IJR	iShares S&P SmallCap 600 Index	2,286	$284K	0.1%	$124.23	—	COM	464287804
—	CBS Corp Cl B New	5,190	$284K	0.1%	$49.13	—	COM	124857202
DHS	WisdomTree Equity Income ETF	4,250	$283K	0.1%	$51.96	—	COM	97717W208
IWM	iShares Russell 2000 Index ETF	2,280	$283K	0.1%	$124.38	—	COM	464287655
HSBC	HSBC Hldgs PLC (ADR)New	7,345	$276K	0.1%	$31.38	—	COM	404280406
NKE	Nike Inc Cl B	5,068	$267K	0.1%	$39.39	+27.0%	COM	654106103
IZIZF	iShares MSCI EM-ACC	9,500	$264K	0.1%	$27.79	—	COM	G4954M433
A	Agilent Technologies Inc	5,586	$263K	0.1%	$35.68	+21.7%	COM	00846U101
IWP	iShares Russell Midcap Growth	2,680	$261K	0.1%	$75.87	—	COM	464287481
KO	Coca-Cola Co.	6,129	$259K	0.1%	$28.45	+14.4%	COM	191216100
FNDC	Schwab Fundamental Intl. Small	8,590	$252K	0.1%	$29.34	—	COM	808524748
GLW	Corning Inc	10,498	$248K	0.1%	$10.58	+64.2%	COM	219350105
VHT	Vanguard Health Care ETF	1,850	$246K	0.1%	$132.97	—	COM	92204A504
—	Expedia Inc	2,100	$245K	0.1%	$93.91	—	COM	30212p303
DEO	Diageo Plc New (ADR)	2,100	$244K	0.1%	$115.16	—	COM	25243Q205
NOK	Nokia Corp (ADR)	42,053	$243K	0.1%	$5.25	—	COM	654902204
SNY	Sanofi Aventis (ADR)	6,300	$241K	0.1%	$51.45	—	COM	80105N105
STT	State Street Corp	3,300	$230K	0.1%	$49.69	0.0%	COM	857477103
MS	Morgan Stanley	7,140	$229K	0.1%	$22.85	0.0%	COM	617446448
—	Potash Corporation of Saskatch	13,900	$227K	0.1%	$16.81	—	COM	73755L107
—	WisdomTree Mid-Cap Dividend Fu	2,500	$227K	0.1%	$80.40	—	COM	97717w505
—	Dupont E.I. Denemours	3,297	$221K	0.1%	$66.73	—	COM	263534109
VOO	Vanguard S&P 500 ETF	1,100	$219K	0.1%	$191.82	—	COM	922908363
BRK/A	Berkshire Hathaway Inc. 1/100t	100	$216K	0.1%	$199512.94	+9.9%	COM	084670108
MOV	Movado Group Inc.	10,000	$215K	0.1%	$32.63	-31.3%	COM	624580106
EMR	Emerson Electric Co	3,918	$214K	0.1%	$37.49	+12.8%	COM	291011104
FNDA	Schwab Fundamental US Small Co	6,705	$209K	0.1%	$31.17	—	COM	808524763
—	Liberty Ventures Corp.	5,249	$209K	0.1%	$39.82	—	COM	53071m880
MAR	Marriott International, Inc. C	3,057	$206K	0.1%	$64.65	0.0%	COM	571903202
VBK	Vanguard Small-Cap Growth ETF	1,550	$204K	0.1%	$131.61	—	COM	922908595
—	Discovery Communications Ser A	7,587	$204K	0.1%	$26.89	—	COM	25470F104
GILD	Gilead Sciences Inc	2,560	$203K	0.1%	$57.78	0.0%	COM	375558103
SCHF	Schwab International Equity ET	7,013	$202K	0.1%	$28.80	—	COM	808524805
—	Mexico Fund Inc	12,579	$201K	0.1%	$30.10	—	COM	592835102
AFL	AFLAC Inc	2,800	$201K	0.1%	$27.28	+7.2%	COM	001055102
PBR	Petroleo Brasileiro SA (ADR)	20,900	$195K	0.1%	$11.18	—	COM	71654V408
—	Swiss Helvetia Fund	11,929	$128K	0.0%	$12.38	—	COM	870875101
—	Vale S.A. American Depositary	23,000	$126K	0.0%	$12.59	—	COM	91912e105
—	Bank of America Corp Warrants	20,000	$92,000	0.0%	$4.69	—	COM	060505146