Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
EFA	ISHARES MSCI EAFE ETF	1,025,248	$68.79M	24.3%	$58.98	—	COM	464287465
VTI	VANGUARD INDEX FUNDS VANGUARD	481,951	$46.23M	16.3%	$80.96	—	COM	922908769
TLT	ISHARES 20+ YEAR TREASURY BOND	205,391	$20.92M	7.4%	$114.86	—	COM	464287432
VWO	VANGUARD FTSE EMERGING MARKETS	493,226	$20.29M	7.2%	$42.79	—	COM	922042858
EEM	ISHARES MSCI EMERGING MKTS ETF	433,738	$18.13M	6.4%	$40.91	—	COM	464287234
XLE	ENERGY SELECT SECTOR SPDR FUND	182,056	$16.11M	5.7%	$79.58	—	COM	81369Y506
—	ISHARES ETF CORE MSCI EMERGING	254,772	$12.69M	4.5%	$48.41	—	COM	46434g103
IYR	ISHARES U.S. REAL ESTATE	180,650	$11.39M	4.0%	$69.48	—	COM	464287739
GLD	SPDR GOLD TRUST ETF	79,267	$9.204M	3.3%	$151.30	—	COM	78463V107
—	VANGUARD ENERGY ETF	51,416	$6.501M	2.3%	$113.31	—	COM	92204a306
CMC	COMMERCIAL METALS CO	283,855	$5.771M	2.0%	$12.25	+16.5%	COM	201723103
—	PIMCO EXCH TRADED FUND TOTAL R	49,915	$5.228M	1.8%	$107.39	—	COM	72201r775
GWRE	GUIDEWIRE SOFTWARE INC	95,790	$4.7M	1.7%	$34.11	+38.3%	COM	40171V100
OXY	OCCIDENTAL PETROLEUM CORP	47,465	$4.514M	1.6%	$54.07	+17.2%	COM	674599105
VNQ	VANGUARD REIT	58,006	$3.745M	1.3%	$70.48	—	COM	922908553
IWV	ISHARES RUSSELL 3000ETF	32,367	$3.581M	1.3%	$93.45	—	COM	464287689
—	BERKSHIRE HATHAWAY B NEW CLASS	28,352	$3.361M	1.2%	$104.21	—	COM	084670207
MRK	MERCK & CO., INC.	57,329	$2.869M	1.0%	$27.22	+15.0%	COM	58933Y105
—	S P D R S&P 500 ETF TR EXPIRIN	13,792	$2.547M	0.9%	$168.01	—	COM	78462f103
—	ACCRETIVE HEALTH INC COMUSD0.0	216,374	$1.982M	0.7%	$10.16	—	COM	00438v103
—	VANGUARD INTERM-TM CORP BD IDX	17,300	$1.431M	0.5%	$82.72	—	COM	92206c870
—	SECTOR SPDR UTIL SELECT SHARES	32,398	$1.23M	0.4%	$38.94	—	COM	81369y886
—	EXXON MOBIL CORPORATION	11,886	$1.203M	0.4%	$90.19	—	COM	30231g102
AAPL	APPLE INC	2,014	$1.13M	0.4%	$14.15	+15.7%	COM	037833100
—	POWERSHS QQQ TRUST SER 1	11,900	$1.047M	0.4%	$78.89	—	COM	73935a104
CVX	CHEVRON CORPORATION	5,113	$639K	0.2%	$67.96	+6.7%	COM	166764100
LQD	ISHARES IBOXX INVESTMENT GRADE	4,898	$559K	0.2%	$119.65	—	COM	464287242
KLAC	KLA-TENCOR CORP COM	8,644	$557K	0.2%	$32.87	+21.0%	COM	482480100
—	COMCAST CORP NEW CL A	10,022	$521K	0.2%	$42.01	—	COM	20030n101
—	GOLDCORP INC	23,500	$509K	0.2%	$33.62	—	COM	380956409
IBM	INTL BUSINESS MACHINES	2,614	$490K	0.2%	$117.98	-9.8%	COM	459200101
ACWI	ISHARES MSCI ACWI ETF	7,975	$460K	0.2%	$50.71	—	COM	464288257
—	GENERAL ELECTRIC COMPANY	15,879	$445K	0.2%	$23.10	—	COM	369604103
DIS	DISNEY WALT CO	5,512	$421K	0.1%	$48.38	+27.5%	COM	254687106
—	GENPACT LIMITED COM STKUSD0.01	22,282	$409K	0.1%	$19.25	—	COM	g3922b107
—	IVANHOE MINES LTD COMNPV CL A	207,634	$365K	0.1%	$2.06	—	ADR	46579r104
—	EGAIN CORP COMNEW	34,503	$353K	0.1%	$9.61	—	COM	28225c806
—	PRAXAIR, INC CMN SERIES	2,600	$338K	0.1%	$111.54	—	COM	74005p104
JNJ	JOHNSON & JOHNSON	3,264	$299K	0.1%	$52.80	+24.5%	COM	478160104
PG	PROCTER & GAMBLE	3,560	$290K	0.1%	$51.91	+11.8%	COM	742718109
—	CONOCOPHILLIPS	3,958	$280K	0.1%	$60.05	—	COM	20825c104
EXLS	EXLSERVICE HOLDINGS, INC.	8,833	$244K	0.1%	$6.07	-9.7%	COM	302081104
—	A T & T INC NEW	6,625	$233K	0.1%	$36.76	—	COM	00206r102
—	JPMORGAN CHASE & CO	3,905	$228K	0.1%	$58.39	—	COM	46625h100
MUB	ISHARES TRUST NATL AMT FREE MU	2,125	$220K	0.1%	$103.53	—	COM	464288414
STT	STATE STREET CORP	2,900	$213K	0.1%	$50.63	0.0%	COM	857477103
PEP	PEPSICO INCORPORATED	2,433	$202K	0.1%	$57.75	0.0%	COM	713448108
—	DURECT CORP COM	96,250	$167K	0.1%	$1.33	—	COM	266605104