Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
CX	CEMEX SAB DE CV	5,748,092	$41.85M	11.0%	$7.28	$7.58	—	SPON ADR NEW	151290889
BAC	BANK AMER CORP	1,885,433	$25.49M	6.7%	$13.52 *	$11.40	-4.8%	COM	060505104
—	GENERAL ELECTRIC CO	701,204	$22.29M	5.8%	$31.79	$26.57	—	COM	369604103
—	JOHNSON CTLS INC	399,543	$15.57M	4.1%	$38.97	$48.80	—	COM	478366107
FMX	FOMENTO ECONOMICO MEXICANO S	149,850	$14.43M	3.8%	$96.31	$92.28	—	SPON ADR UNITS	344419106
AAPL	APPLE INC	116,852	$12.73M	3.3%	$108.98 *	$20.59	+9.5%	COM	037833100
SPY	SPDR S&P 500 ETF TR	57,110	$11.74M	3.1%	$205.52	$186.22	—	TR UNIT	78462F103
JNJ	JOHNSON & JOHNSON	72,447	$7.839M	2.1%	$108.20 *	$69.58	+13.2%	COM	478160104
FEZ	SPDR INDEX SHS FDS	229,710	$7.633M	2.0%	$33.23	$35.05	—	EURO STOXX 50	78463X202
DIA	SPDR DOW JONES INDL AVRG ETF	42,887	$7.575M	2.0%	$176.63	$161.18	—	UT SER 1	78467X109
BBVA	BANCO BILBAO VIZCAYA ARGENTA	1,009,772	$6.584M	1.7%	$6.52	$7.68	—	SPONSORED ADR	05946K101
PEP	PEPSICO INC	62,480	$6.403M	1.7%	$102.48 *	$64.71	+13.2%	COM	713448108
TELFY	TELEFONICA S A	567,219	$6.313M	1.7%	$11.13	$12.50	—	SPONSORED ADR	879382208
VWO	VANGUARD INTL EQUITY INDEX F	173,695	$6.006M	1.6%	$34.58	$38.79	—	FTSE EMR MKT ETF	922042858
—	GENERAL MTRS CO	185,611	$5.834M	1.5%	$31.43	$31.43	—	COM	37045v100
INTC	INTEL CORP	159,900	$5.172M	1.4%	$32.35 *	$23.43	+4.1%	COM	458140100
PG	PROCTER & GAMBLE CO	62,439	$5.139M	1.3%	$82.30 *	$56.25	+9.6%	COM	742718109
—	ROYAL DUTCH SHELL PLC	106,052	$5.138M	1.3%	$48.45	$56.73	—	SPONS ADR A	780259206
CAT	CATERPILLAR INC DEL	64,350	$4.925M	1.3%	$76.53 *	$60.85	-12.8%	COM	149123101
AXP	AMERICAN EXPRESS CO	79,168	$4.861M	1.3%	$61.40 *	$65.78	-23.2%	COM	025816109
—	EXXON MOBIL CORP	53,373	$4.461M	1.2%	$83.58	$91.47	—	COM	30231g102
SAN	BANCO SANTANDER SA	962,469	$4.196M	1.1%	$4.36	$6.25	—	ADR	05964H105
VTI	VANGUARD INDEX FDS	39,898	$4.182M	1.1%	$104.82	$86.08	—	TOTAL STK MKT	922908769
C	CITIGROUP INC	99,771	$4.166M	1.1%	$41.76 *	$34.30	-8.9%	COM NEW	172967424
BRK/B	BERKSHIRE HATHAWAY INC DEL	28,750	$4.079M	1.1%	$141.88 *	$124.51	+6.5%	CL B NEW	084670702
—	VODAFONE GROUP PLC NEW	126,842	$4.065M	1.1%	$32.05	$32.05	—	SPNSR ADR NO PAR	92857w308
VUG	VANGUARD INDEX FDS	37,191	$3.959M	1.0%	$106.45	$84.65	—	GROWTH ETF	922908736
—	AMERICA MOVIL SAB DE CV	254,301	$3.949M	1.0%	$15.53	$14.12	—	SPON ADR L SHS	02364w105
PFE	PFIZER INC	132,207	$3.919M	1.0%	$29.64 *	$18.62	+0.3%	COM	717081103
—	TOTAL S A	77,563	$3.523M	0.9%	$45.42	$48.14	—	SPONSORED ADR	89151E109
MSFT	MICROSOFT CORP	60,383	$3.335M	0.9%	$55.23 *	$26.72	+72.4%	COM	594918104
T	AT&T INC	83,232	$3.26M	0.9%	$39.17 *	$11.85	+16.8%	COM	00206R102
IWD	ISHARES TR	32,932	$3.254M	0.9%	$98.81	$87.82	—	RUS 1000 VAL ETF	464287598
—	ISHARES	282,740	$3.226M	0.8%	$11.41	$13.50	—	MSCI JAPAN ETF	464286848
—	WISDOMTREE TR	69,232	$3.026M	0.8%	$43.71	$43.71	—	JAPN HEDGE EQT	97717w851
OEF	ISHARES TR	30,800	$2.814M	0.7%	$91.36	$87.71	—	S&P 100 ETF	464287101
GLD	SPDR GOLD TRUST	23,519	$2.767M	0.7%	$117.65	$113.62	—	GOLD SHS	78463V107
KO	COCA COLA CO	59,301	$2.751M	0.7%	$46.39 *	$26.59	+19.8%	COM	191216100
MRK	MERCK & CO INC NEW	51,751	$2.738M	0.7%	$52.91 *	$31.42	+14.7%	COM	58933Y105
CVS	CVS HEALTH CORP	26,150	$2.713M	0.7%	$103.75 *	$73.38	-1.3%	COM	126650100
JPM	JPMORGAN CHASE & CO	44,755	$2.65M	0.7%	$59.21 *	$42.68	+5.1%	COM	46625H100
EWG	ISHARES	99,599	$2.562M	0.7%	$25.72	$28.48	—	MSCI GERMANY ETF	464286806
—	SELECT SECTOR SPDR TR	39,445	$2.441M	0.6%	$61.88	$61.88	—	SBI INT-ENERGY	81369y506
EFA	ISHARES TR	40,845	$2.335M	0.6%	$57.17	$58.93	—	MSCI EAFE ETF	464287465
WMT	WAL-MART STORES INC	33,912	$2.323M	0.6%	$68.50 *	$18.86	-2.9%	COM	931142103
AMZN	AMAZON COM INC	3,600	$2.137M	0.6%	$593.61 *	$25.60	+10.9%	COM	023135106
—	RYDEX ETF TRUST	26,941	$2.116M	0.6%	$78.54	$76.48	—	GUG S&P500 EQ WT	78355W106
IJH	ISHARES TR	14,594	$2.102M	0.6%	$144.03	$122.99	—	CORE S&P MCP ETF	464287507
HDV	ISHARES TR	25,000	$1.95M	0.5%	$78.00	$78.00	—	CORE HIGH DV ETF	46429B663
TM	TOYOTA MOTOR CORP	18,150	$1.929M	0.5%	$106.28	$119.94	—	SP ADR REP2COM	892331307
VEU	VANGUARD INTL EQUITY INDEX F	42,268	$1.824M	0.5%	$43.15	$45.12	—	ALLWRLD EX US	922042775
INDA	ISHARES TR	65,500	$1.776M	0.5%	$27.11	$27.47	—	MSCI INDIA ETF	46429B598
GOOGL	ALPHABET INC	2,307	$1.76M	0.5%	$762.90 *	$32.35	+12.9%	CAP STK CL A	02079K305
VXF	VANGUARD INDEX FDS	21,133	$1.75M	0.5%	$82.81	$74.27	—	EXTEND MKT ETF	922908652
—	CHINA MOBILE LIMITED	30,950	$1.716M	0.4%	$55.44	$49.37	—	SPONSORED ADR	16941m109
TEVA	TEVA PHARMACEUTICAL INDS LTD	32,051	$1.715M	0.4%	$53.51	$52.38	—	ADR	881624209
—	POWERSHARES QQQ TRUST	15,264	$1.667M	0.4%	$109.21	$92.49	—	UNIT SER 1	73935A104
IJS	ISHARES TR	14,263	$1.616M	0.4%	$113.30	$97.04	—	SP SMCP600VL ETF	464287879
VBR	VANGUARD INDEX FDS	15,609	$1.59M	0.4%	$101.86	$89.13	—	SM CP VAL ETF	922908611
MDY	SPDR S&P MIDCAP 400 ETF TR	6,048	$1.589M	0.4%	$262.73	$245.07	—	UTSER1 S&PDCRP	78467Y107
FDX	FEDEX CORP	9,650	$1.57M	0.4%	$162.69 *	$119.20	0.0%	COM	31428X106
VPL	VANGUARD INTL EQUITY INDEX F	27,696	$1.531M	0.4%	$55.28	$56.50	—	FTSE PACIFIC ETF	922042866
EUO	PROSHARES TR II	65,380	$1.516M	0.4%	$23.19	$20.46	—	ULTRASHRT EURO	74347W882
VV	VANGUARD INDEX FDS	15,500	$1.457M	0.4%	$94.00	$73.42	—	LARGE CAP ETF	922908637
GOOG	ALPHABET INC	1,930	$1.438M	0.4%	$745.08 *	$30.81	+15.4%	CAP STK CL C	02079K107
EFV	ISHARES TR	31,954	$1.433M	0.4%	$44.85	$49.50	—	EAFE VALUE ETF	464288877
SCZ	ISHARES TR	28,615	$1.425M	0.4%	$49.80	$44.50	—	EAFE SML CP ETF	464288273
IEV	ISHARES TR	33,203	$1.299M	0.3%	$39.12	$43.33	—	EUROPE ETF	464287861
—	SANOFI	27,350	$1.098M	0.3%	$40.15	$40.15	—	SPONSORED ADR	80105n105
CVX	CHEVRON CORP NEW	11,407	$1.088M	0.3%	$95.38 *	$59.86	-4.1%	COM	166764100
IOO	ISHARES TR	15,100	$1.086M	0.3%	$71.92	$72.86	—	GLOBAL 100 ETF	464287572
VNQ	VANGUARD INDEX FDS	12,774	$1.07M	0.3%	$83.76	$70.25	—	REIT ETF	922908553
EEM	ISHARES TR	30,883	$1.058M	0.3%	$34.26	$37.28	—	MSCI EMG MKT ETF	464287234
—	PETROLEO BRASILEIRO SA PETRO	179,500	$1.048M	0.3%	$5.84	$13.15	—	SPONSORED ADR	71654v408
AGO	ASSURED GUARANTY LTD	40,000	$1.012M	0.3%	$25.30 *	$21.04	-1.4%	COM	G0585R106
—	DIAGEO P L C	9,380	$1.012M	0.3%	$107.89	$107.89	—	SPON ADR NEW	25243q205
IBM	INTERNATIONAL BUSINESS MACHS	6,350	$962K	0.3%	$151.50 *	$96.47	-12.9%	COM	459200101
VEA	VANGUARD TAX MANAGED INTL FD	26,625	$955K	0.3%	$35.87	$37.53	—	FTSE DEV MKT ETF	921943858
—	UNILEVER N V	21,130	$944K	0.2%	$44.68	$40.59	—	N Y SHS NEW	904784709
—	POWERSHARES DB CMDTY IDX TRA	63,355	$842K	0.2%	$13.29	$23.97	—	UNIT BEN INT	73935S105
IGE	ISHARES TR	26,937	$801K	0.2%	$29.74	$37.61	—	NA NAT RES	464287374
QCOM	QUALCOMM INC	15,653	$800K	0.2%	$51.11 *	$50.72	-27.2%	COM	747525103
DE	DEERE & CO	10,350	$797K	0.2%	$77.00 *	$70.11	-5.4%	COM	244199105
VGK	VANGUARD INTL EQUITY INDEX F	16,371	$794K	0.2%	$48.50	$49.21	—	FTSE EUROPE ETF	922042874
KOF	COCA COLA FEMSA S A B DE C V	9,430	$783K	0.2%	$83.03	$80.14	—	SPON ADR REP L	191241108
ABBV	ABBVIE INC	13,336	$762K	0.2%	$57.14 *	$38.20	-2.8%	COM	00287Y109
VZ	VERIZON COMMUNICATIONS INC	13,819	$747K	0.2%	$54.06 *	$26.22	+14.6%	COM	92343V104
—	ROYAL DUTCH SHELL PLC	14,725	$724K	0.2%	$49.17	$61.02	—	SPON ADR B	780259107
—	WASTE MGMT INC DEL	11,818	$697K	0.2%	$58.98	$50.62	—	COM	94106l109
—	CRANE CO	12,600	$679K	0.2%	$53.89	$59.94	—	COM	224399105
AAL	AMERICAN AIRLS GROUP INC	16,018	$657K	0.2%	$41.02 *	$48.17	-20.0%	COM	02376R102
EWY	ISHARES	12,343	$652K	0.2%	$52.82	$54.89	—	MSCI STH KOR ETF	464286772
—	MONSANTO CO NEW	7,250	$636K	0.2%	$87.72	$98.48	—	COM	61166W101
CSIQ	CANADIAN SOLAR INC	32,480	$626K	0.2%	$19.27 *	$27.44	-25.3%	COM	136635109
CSX	CSX CORP	24,000	$618K	0.2%	$25.75 *	$7.79	-10.0%	COM	126408103
—	HSBC HLDGS PLC	23,555	$603K	0.2%	$25.60	$25.38	—	ADR A 1/40PF A	404280604
SLV	ISHARES SILVER TRUST	38,945	$572K	0.1%	$14.69	$16.18	—	ISHARES	46428Q109
—	SPDR INDEX SHS FDS	19,014	$543K	0.1%	$28.56	$28.56	—	S&P INTL SMLCP	78463x871
EWH	ISHARES	26,800	$530K	0.1%	$19.78	$21.66	—	MSCI HONG KG ETF	464286871
—	DEUTSCHE BANK AG	31,022	$526K	0.1%	$16.96	$16.96	—	NAMEN AKT	d18190898
COP	CONOCOPHILLIPS	12,793	$515K	0.1%	$40.26 *	$42.50	-33.9%	COM	20825C104
XLF	SELECT SECTOR SPDR TR	21,811	$491K	0.1%	$22.51	$20.71	—	SBI INT-FINL	81369Y605
EPP	ISHARES	12,506	$490K	0.1%	$39.18	$42.45	—	MSCI PAC JP ETF	464286665
—	NOVARTIS A G	6,765	$490K	0.1%	$72.43	$79.64	—	SPONSORED ADR	66987v109
IEMG	ISHARES INC	10,000	$416K	0.1%	$41.60	$48.00	—	CORE MSCI EMKT	46434G103
EWZ	ISHARES	15,468	$407K	0.1%	$26.31	$20.70	—	MSCI BRZ CAP ETF	464286400
ERIC	ERICSSON	38,200	$383K	0.1%	$10.03	$9.86	—	ADR B SEK 10	294821608
MU	MICRON TECHNOLOGY INC	36,500	$382K	0.1%	$10.47 *	$26.01	-58.1%	COM	595112103
—	UNILEVER PLC	8,400	$380K	0.1%	$45.24	$41.70	—	SPON ADR NEW	904767704
—	MARATHON OIL CORP	32,072	$357K	0.1%	$11.13	$23.83	—	COM	565849106
VNQI	VANGUARD INTL EQUITY INDEX F	6,154	$329K	0.1%	$53.46	$53.46	—	GLB EX US ETF	922042676
—	BARCLAYS BK PLC	5,100	$320K	0.1%	$62.75	$62.75	—	IPMS INDIA ETN	06739F291
XLV	SELECT SECTOR SPDR TR	4,470	$303K	0.1%	$67.79	$67.79	—	SBI HEALTHCARE	81369Y209
SLB	SCHLUMBERGER LTD	4,106	$303K	0.1%	$73.79 *	$59.94	-11.4%	COM	806857108
GNR	SPDR INDEX SHS FDS	8,600	$301K	0.1%	$35.00	$32.09	—	GLB NAT RESRCE	78463X541
ILF	ISHARES TR	11,918	$300K	0.1%	$25.17	$22.11	—	LATN AMER 40 ETF	464287390
AAXJ	ISHARES TR	5,345	$292K	0.1%	$54.63	$59.06	—	MSCI AC ASIA ETF	464288182
KHC	KRAFT HEINZ CO	3,633	$285K	0.1%	$78.45 *	$47.83	+1.0%	COM	500754106
GGB	GERDAU S A	157,900	$281K	0.1%	$1.78	$5.71	—	SPON ADR REP PFD	373737105
IWM	ISHARES TR	2,429	$269K	0.1%	$110.75	$101.96	—	RUSSELL 2000 ETF	464287655
BHP	BHP BILLITON LTD	10,100	$262K	0.1%	$25.94	$31.47	—	SPONSORED ADR	088606108
HMC	HONDA MOTOR LTD	9,220	$252K	0.1%	$27.33	$32.75	—	AMERN SHS	438128308
MCD	MCDONALDS CORP	1,971	$247K	0.1%	$125.32 *	$93.96	0.0%	COM	580135101
IWF	ISHARES TR	2,261	$226K	0.1%	$99.96	$75.29	—	RUS 1000 GRW ETF	464287614
NKE	NIKE INC	3,640	$224K	0.1%	$61.54 *	$53.20	0.0%	CL B	654106103
LUV	SOUTHWEST AIRLS CO	5,000	$224K	0.1%	$44.80 *	$36.21	0.0%	COM	844741108
—	GLAXOSMITHKLINE PLC	5,296	$215K	0.1%	$40.60	$38.88	—	SPONSORED ADR	37733W105
GLW	CORNING INC	10,000	$209K	0.1%	$20.90 *	$13.63	+4.6%	COM	219350105
UNH	UNITEDHEALTH GROUP INC	1,600	$206K	0.1%	$128.75 *	$100.90	0.0%	COM	91324P102
SBUX	STARBUCKS CORP	3,440	$205K	0.1%	$59.59 *	$47.41	0.0%	COM	855244109
IJR	ISHARES TR	1,810	$204K	0.1%	$112.71	$112.71	—	CORE S&P SCP ETF	464287804
—	DU PONT E I DE NEMOURS & CO	3,161	$200K	0.1%	$63.27	$63.27	—	COM	263534109
SID	COMPANHIA SIDERURGICA NACION	95,400	$188K	0.0%	$1.97	$2.77	—	SPONSORED ADR	20440W105
F	FORD MTR CO DEL	11,100	$150K	0.0%	$13.51 *	$7.45	0.0%	COM PAR $0.01	345370860
VALE	VALE S A	35,265	$148K	0.0%	$4.20	$10.27	—	ADR	91912E105
—	ISHARES	11,135	$121K	0.0%	$10.87	$10.87	—	MSCI SINGAP ETF	464286673
ABEV	AMBEV SA	18,000	$93,000	0.0%	$5.17	$5.99	—	SPONSORED ADR	02319V103
—	EMPRESAS ICA S A DE CV	50,000	$48,000	0.0%	$0.96	$6.93	—	SPONS ADR NEW	292448206