Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
SPY	SPDR S&P 500 ETF TR	160,758	$33.05M	34.5%	$205.51	—	TR UNIT	78462F103
XLK	SELECT SECTOR SPDR TR	173,201	$7.683M	8.0%	$44.36	—	TECHNOLOGY	81369Y803
XBI	SPDR SERIES TRUST	104,888	$5.418M	5.7%	$61.58	—	S&P BIOTECH	78464A870
XLE	SELECT SECTOR SPDR TR	82,655	$5.117M	5.3%	$61.91	—	SBI INT-ENERGY	81369Y506
IYR	ISHARES TR	42,616	$3.318M	3.5%	$77.86	—	U.S. REAL ES ETF	464287739
—	MARKET VECTORS ETF TR	58,211	$3.206M	3.3%	$53.83	—	SEMICONDUCTOR	57060U233
IYT	ISHARES TR	19,040	$2.711M	2.8%	$141.59	—	TRANS AVG ETF	464287192
FBT	FIRST TR EXCHANGE TRADED FD	27,321	$2.391M	2.5%	$87.52	—	NY ARCA BIOTECH	33733E203
XLI	SELECT SECTOR SPDR TR	39,332	$2.181M	2.3%	$51.20	—	SBI INT-INDS	81369Y704
IBB	ISHARES TR	8,181	$2.133M	2.2%	$338.32	—	NASDQ BIOTEC ETF	464287556
FXH	FIRST TR EXCHANGE TRADED FD	32,303	$1.8M	1.9%	$55.72	—	HLTH CARE ALPH	33734X143
IEF	ISHARES TR	13,402	$1.478M	1.5%	$110.28	—	7-10 Y TR BD ETF	464287440
—	POWERSHARES ETF TRUST	32,244	$1.461M	1.5%	$45.55	—	DYNA BUYBK ACH	73935X286
IEMG	ISHARES INC	34,452	$1.433M	1.5%	$39.65	—	CORE MSCI EMKT	46434G103
—	POWERSHARES ETF TRUST	23,286	$1.399M	1.5%	$60.08	—	DYN PHRMA PORT	73935X799
FDN	FIRST TR EXCHANGE TRADED FD	16,598	$1.133M	1.2%	$68.26	—	DJ INTERNT IDX	33733E302
XHB	SPDR SERIES TRUST	29,748	$1.006M	1.1%	$33.82	—	S&P HOMEBUILD	78464A888
FXI	ISHARES TR	29,048	$980K	1.0%	$33.74	—	CHINA LG-CAP ETF	464287184
IYE	ISHARES TR	24,347	$846K	0.9%	$34.75	—	U.S. ENERGY ETF	464287796
EFA	ISHARES TR	14,297	$816K	0.9%	$57.07	—	MSCI EAFE ETF	464287465
BAC	BANK AMER CORP	54,917	$742K	0.8%	$13.02	-16.6%	COM	060505104
—	POWERSHARES ETF TRUST	22,771	$740K	0.8%	$32.39	—	DYN FD & BEV	73935X849
XLF	SELECT SECTOR SPDR TR	31,576	$710K	0.7%	$22.49	—	SBI INT-FINL	81369Y605
EWG	ISHARES	23,536	$605K	0.6%	$25.92	—	MSCI GERMANY ETF	464286806
—	MARKET VECTORS ETF TR	5,767	$597K	0.6%	$107.81	—	BIOTECH ETF	57060U183
EWQ	ISHARES	23,234	$561K	0.6%	$24.15	—	MSCI FRANCE ETF	464286707
VWO	VANGUARD INTL EQUITY INDEX F	16,139	$558K	0.6%	$34.57	—	FTSE EMR MKT ETF	922042858
ITB	ISHARES TR	20,480	$554K	0.6%	$27.05	—	US HOME CONS ETF	464288752
—	UNITED STATES OIL FUND LP	56,952	$552K	0.6%	$10.11	—	UNITS	91232N108
—	SPDR SERIES TRUST	17,417	$528K	0.6%	$30.21	—	S&P OILGAS EXP	78464A730
IYH	ISHARES TR	3,517	$494K	0.5%	$140.46	—	US HLTHCARE ETF	464287762
USMV	ISHARES TR	10,320	$453K	0.5%	$43.90	—	USA MIN VOL ETF	46429B697
ABEV	AMBEV SA	87,360	$452K	0.5%	$5.17	—	SPONSORED ADR	02319V103
—	SPDR SERIES TRUST	12,538	$429K	0.4%	$34.22	—	BRC HGH YLD BD	78464A417
XLU	SELECT SECTOR SPDR TR	8,463	$419K	0.4%	$43.27	—	SBI INT-UTILS	81369Y886
FITB	FIFTH THIRD BANCORP	24,527	$409K	0.4%	$11.61	0.0%	COM	316773100
IHF	ISHARES TR	2,985	$364K	0.4%	$121.94	—	US HLTHCR PR ETF	464288828
—	MARKET VECTORS ETF TR	20,281	$331K	0.3%	$15.77	—	RUSSIA ETF	57060U506
CMG	CHIPOTLE MEXICAN GRILL INC	700	$329K	0.3%	$9.51	0.0%	COM	169656105
RF	REGIONS FINL CORP NEW	40,417	$317K	0.3%	$6.68	-15.6%	COM	7591EP100
BND	VANGUARD BD INDEX FD INC	3,618	$299K	0.3%	$82.64	—	TOTAL BND MRKT	921937835
EWH	ISHARES	15,103	$298K	0.3%	$19.73	—	MSCI HONG KG ETF	464286871
IEO	ISHARES TR	5,412	$281K	0.3%	$51.92	—	US OIL&GS EX ETF	464288851
—	PROSHARES TR	13,654	$278K	0.3%	$20.36	—	PSHS SHRT S&P500	74347R503
VGK	VANGUARD INTL EQUITY INDEX F	5,597	$271K	0.3%	$48.42	—	FTSE EUROPE ETF	922042874
TBT	PROSHARES TR	7,182	$264K	0.3%	$36.76	—	PSHS ULTSH 20YRS	74347B201
—	GENERAL ELECTRIC CO	8,128	$258K	0.3%	$31.74	—	COM	369604103
XLV	SELECT SECTOR SPDR TR	3,750	$254K	0.3%	$67.73	—	SBI HEALTHCARE	81369Y209
—	PROSHARES TR	5,913	$251K	0.3%	$42.45	—	ULTSHT FT CH 50	74348A350
FXN	FIRST TR EXCHANGE TRADED FD	17,820	$251K	0.3%	$14.09	—	ENERGY ALPHADX	33734X127
—	ISHARES	17,543	$243K	0.3%	$13.85	—	MSCI TAIWAN ETF	464286731
—	DIREXION SHS ETF TR	2,558	$241K	0.3%	$94.21	—	20YR TRES BULL	25459W540
IWR	ISHARES TR	1,475	$240K	0.3%	$162.71	—	RUS MID-CAP ETF	464287499
BP	BP PLC	7,927	$239K	0.2%	$30.15	—	SPONSORED ADR	055622104
EPI	WISDOMTREE TR	12,005	$234K	0.2%	$19.49	—	INDIA ERNGS FD	97717W422
EWP	ISHARES	8,618	$234K	0.2%	$27.15	—	MSCI SPAN CP ETF	464286764
JPM	JPMORGAN CHASE & CO	3,916	$231K	0.2%	$44.64	+0.5%	COM	46625H100
—	CURRENCYSHARES EURO TR	2,012	$223K	0.2%	$110.83	—	EURO SHS	23130C108
XRT	SPDR SERIES TRUST	4,815	$222K	0.2%	$46.11	—	S&P RETAIL ETF	78464A714
IYF	ISHARES TR	2,555	$216K	0.2%	$84.54	—	U.S. FINLS ETF	464287788
MSFT	MICROSOFT CORP	3,913	$216K	0.2%	$45.92	+0.3%	COM	594918104
IEZ	ISHARES TR	5,992	$214K	0.2%	$35.71	—	US OIL EQ&SV ETF	464288844
—	BB&T CORP	6,135	$204K	0.2%	$33.25	—	COM	054937107
JNJ	JOHNSON & JOHNSON	1,860	$201K	0.2%	$78.77	0.0%	COM	478160104
INDA	ISHARES TR	7,382	$200K	0.2%	$27.09	—	MSCI INDIA ETF	46429B598
—	SUNEDISON INC	63,977	$34,000	0.0%	$0.53	—	COM	86732Y109