Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	165,908	$27.79M	30.1%	$195.09	—	TR UNIT	78462F103
BRK/A	BERKSHIRE HATHAWAY INC DEL	26	$6.396M	6.9%	$233129.36	+7.6%	CL A	084670108
DIA	SPDR DOW JONES INDL AVRG ETF	16,200	$3.399M	3.7%	$197.96	—	UT SER 1	78467X109
EWG	ISHARES	90,453	$2.746M	3.0%	$26.48	—	MSCI GERMANY ETF	464286806
AAPL	APPLE INC	14,515	$2.235M	2.4%	$26.09	+16.7%	COM	037833100
XLK	SELECT SECTOR SPDR TR	38,800	$2.145M	2.3%	$50.19	—	TECHNOLOGY	81369Y803
IEV	ISHARES TR	42,399	$1.882M	2.0%	$38.82	—	EUROPE ETF	464287861
ITA	ISHARES TR	10,300	$1.589M	1.7%	$140.53	—	U.S. AER&DEF ETF	464288760
IOO	ISHARES TR	18,299	$1.542M	1.7%	$76.72	—	GLOBAL 100 ETF	464287572
IGF	ISHARES TR	35,500	$1.531M	1.7%	$39.04	—	GLB INFRASTR ETF	464288372
MDY	SPDR S&P MIDCAP 400 ETF TR	4,300	$1.351M	1.5%	$302.79	—	UTSER1 S&PDCRP	78467Y107
GOOG	ALPHABET INC	1,425	$1.328M	1.4%	$38.66	+5.3%	CAP STK CL C	02079K107
JPM	JPMORGAN CHASE & CO	15,136	$1.313M	1.4%	$59.89	+16.3%	COM	46625H100
HEDJ	WISDOMTREE TR	18,250	$1.217M	1.3%	$57.38	—	EUROPE HEDGED EQ	97717X701
MSGS	MADISON SQUARE GARDEN CO NEW	5,250	$1.061M	1.1%	$130.15	0.0%	CL A	55825T103
EWY	ISHARES	15,499	$1.017M	1.1%	$54.42	—	MSCI STH KOR ETF	464286772
MRK	MERCK & CO INC	15,535	$983K	1.1%	$44.08	+4.5%	COM	58933Y105
CTAS	CINTAS CORP	8,050	$978K	1.1%	$25.60	+5.9%	COM	172908105
VGK	VANGUARD INTL EQUITY INDEX F	17,296	$950K	1.0%	$47.96	—	FTSE EUROPE ETF	922042874
—	GENERAL ELECTRIC CO	32,562	$942K	1.0%	$31.85	—	COM	369604103
XLI	SELECT SECTOR SPDR TR	14,000	$936K	1.0%	$62.20	—	SBI INT-INDS	81369Y704
KBE	SPDR SERIES TRUST	21,000	$902K	1.0%	$43.32	—	S&P BK ETF	78464A797
XLV	SELECT SECTOR SPDR TR	11,340	$857K	0.9%	$71.86	—	SBI HEALTHCARE	81369Y209
VO	VANGUARD INDEX FDS	6,040	$852K	0.9%	$131.57	—	MID CAP ETF	922908629
GS	GOLDMAN SACHS GROUP INC	3,595	$804K	0.9%	$167.76	+19.2%	COM	38141G104
VZ	VERIZON COMMUNICATIONS INC	17,180	$797K	0.9%	$30.99	+1.4%	COM	92343V104
HON	HONEYWELL INTL INC	5,753	$759K	0.8%	$84.19	+9.2%	COM	438516106
HEZU	ISHARES TR	24,900	$753K	0.8%	$30.24	—	CUR HD EURZN ETF	46434V639
IJH	ISHARES TR	4,200	$724K	0.8%	$172.38	—	CORE S&P MCP ETF	464287507
PM	PHILIP MORRIS INTL INC	6,449	$722K	0.8%	$58.23	+12.6%	COM	718172109
WFC	WELLS FARGO & CO NEW	13,000	$716K	0.8%	$39.03	+13.7%	COM	949746101
BABA	ALIBABA GROUP HLDG LTD	5,950	$714K	0.8%	$87.83	—	SPONSORED ADS	01609W102
T	AT&T INC	18,080	$691K	0.7%	$15.46	+8.3%	COM	00206R102
TELFY	TELEFONICA S A	60,438	$688K	0.7%	$9.20	—	SPONSORED ADR	879382208
EEM	ISHARES TR	16,400	$667K	0.7%	$36.03	—	MSCI EMG MKT ETF	464287234
XLE	SELECT SECTOR SPDR TR	9,409	$633K	0.7%	$71.04	—	SBI INT-ENERGY	81369Y506
BA	BOEING CO	3,230	$604K	0.7%	$135.00	+17.6%	COM	097023105
BMY	BRISTOL MYERS SQUIBB CO	10,550	$584K	0.6%	$39.53	+1.0%	COM	110122108
VALE	VALE S A	69,345	$573K	0.6%	$7.62	—	ADR	91912E105
—	GLAXOSMITHKLINE PLC	13,604	$570K	0.6%	$39.03	—	SPONSORED ADR	37733W105
VNQ	VANGUARD INDEX FDS	6,950	$566K	0.6%	$82.59	—	REIT ETF	922908553
HD	HOME DEPOT INC	3,552	$560K	0.6%	$103.88	+10.1%	COM	437076102
—	BLACKSTONE GROUP L P	18,482	$554K	0.6%	$29.98	—	COM UNIT LTD	09253U108
GLD	SPDR GOLD TRUST	4,567	$530K	0.6%	$109.61	—	GOLD SHS	78463V107
LMT	LOCKHEED MARTIN CORP	1,928	$528K	0.6%	$195.92	+5.5%	COM	539830109
BP	BP PLC	14,921	$527K	0.6%	$37.37	—	SPONSORED ADR	055622104
BBVA	BANCO BILBAO VIZCAYA ARGENTA	63,271	$524K	0.6%	$6.76	—	SPONSORED ADR	05946K101
MCD	MCDONALDS CORP	3,553	$513K	0.6%	$95.14	+6.9%	COM	580135101
UNP	UNION PAC CORP	4,649	$511K	0.6%	$80.32	+9.1%	COM	907818108
SBUX	STARBUCKS CORP	8,100	$496K	0.5%	$45.58	+2.7%	COM	855244109
—	BHP BILLITON PLC	16,350	$489K	0.5%	$31.43	—	SPONSORED ADR	05545E209
SDY	SPDR SERIES TRUST	5,500	$484K	0.5%	$85.64	—	S&P DIVID ETF	78464A763
STWD	STARWOOD PPTY TR INC	20,000	$436K	0.5%	$21.80	—	COM	85571B105
XOM	EXXON MOBIL CORP	4,720	$389K	0.4%	$58.17	-3.5%	COM	30231G102
PFE	PFIZER INC	11,460	$383K	0.4%	$20.50	+4.4%	COM	717081103
TOL	TOLL BROTHERS INC	10,000	$374K	0.4%	$29.64	+12.5%	COM	889478103
COP	CONOCOPHILLIPS	8,050	$372K	0.4%	$34.77	+5.2%	COM	20825C104
—	POWERSHS DB MULTI SECT COMM	18,500	$369K	0.4%	$19.95	—	PS DB AGRICUL FD	73936B408
—	UNILEVER PLC	6,704	$352K	0.4%	$40.74	—	SPON ADR NEW	904767704
BAC	BANK AMER CORP	14,250	$342K	0.4%	$15.68	+23.6%	COM	060505104
COST	COSTCO WHSL CORP NEW	1,900	$341K	0.4%	$129.79	+10.1%	COM	22160K105
LLY	LILLY ELI & CO	4,187	$338K	0.4%	$64.22	+8.3%	COM	532457108
PEP	PEPSICO INC	2,747	$310K	0.3%	$79.80	+2.7%	COM	713448108
KHC	KRAFT HEINZ CO	3,293	$294K	0.3%	$56.47	+6.1%	COM	500754106
FEZ	SPDR INDEX SHS FDS	7,400	$288K	0.3%	$38.92	—	EURO STOXX 50	78463X202
—	PRICELINE GRP INC	150	$287K	0.3%	$1466.67	—	COM NEW	741503403
USB	US BANCORP DEL	5,400	$279K	0.3%	$33.77	+12.7%	COM NEW	902973304
—	UNITED TECHNOLOGIES CORP	2,288	$278K	0.3%	$111.98	—	COM	913017109
—	ALPS ETF TR	22,000	$272K	0.3%	$12.59	—	ALERIAN MLP	00162Q866
PBR	PETROLEO BRASILEIRO SA PETRO	28,580	$268K	0.3%	$9.38	—	SPONSORED ADR	71654V408
HPQ	HP INC	13,852	$267K	0.3%	$11.22	+7.8%	COM	40434L105
CAT	CATERPILLAR INC DEL	2,610	$261K	0.3%	$73.74	+5.4%	COM	149123101
VB	VANGUARD INDEX FDS	1,933	$259K	0.3%	$129.15	—	SMALL CP ETF	922908751
ABM	ABM INDS INC	5,750	$248K	0.3%	$33.86	+2.0%	COM	000957100
XLY	SELECT SECTOR SPDR TR	2,640	$240K	0.3%	$90.91	—	SBI CONS DISCR	81369Y407
VOD	VODAFONE GROUP PLC NEW	8,550	$230K	0.2%	$24.44	—	SPONSORED ADR	92857W308
FDX	FEDEX CORP	1,200	$229K	0.2%	$158.34	+4.3%	COM	31428X106
DXJ	WISDOMTREE TR	4,287	$226K	0.2%	$49.68	—	JAPN HEDGE EQT	97717W851
EUFN	ISHARES	10,148	$222K	0.2%	$21.88	—	MSCI EURO FL ETF	464289180
SLB	SCHLUMBERGER LTD	3,000	$217K	0.2%	$63.04	+0.5%	COM	806857108
—	CARLYLE GROUP L P	11,623	$207K	0.2%	$15.29	—	COM UTS LTD PTN	14309L102
ETN	EATON CORP PLC	2,636	$204K	0.2%	$59.00	0.0%	SHS	G29183103
DIS	DISNEY WALT CO	1,800	$202K	0.2%	$103.01	0.0%	COM DISNEY	254687106
—	POWERSHARES DB CMDTY IDX TRA	12,999	$186K	0.2%	$15.85	—	UNIT BEN INT	73935S105
SID	COMPANHIA SIDERURGICA NACION	15,680	$36,000	0.0%	$3.25	—	SPONSORED ADR	20440W105