The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M CO COM 88579Y101 859 5,230 SH   SOLE 5,230 0 0
ABBOTT LABS COM 002824100 339 7,522 SH   SOLE 7,522 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 1,246 13,950 SH   SOLE 13,950 0 0
ACHILLION PHARMACEUTICALS IN COM 00448Q201 503 41,100 SH   SOLE 41,100 0 0
ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR 00756M404 2,209 360,200 SH   SOLE 360,200 0 0
AECOM TECHNOLOGY CORP DELAWA COM 00766T100 1,754 57,765 SH   SOLE 57,765 0 0
ALASKA AIR GROUP INC COM 011659109 3,279 54,877 SH   SOLE 54,877 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 280 3,160 SH   SOLE 3,160 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 240 4,325 SH   SOLE 4,325 0 0
ALLERGAN INC COM 018490102 340 1,601 SH   SOLE 1,601 0 0
ALLSTATE CORP COM 020002101 2,793 39,760 SH   SOLE 39,760 0 0
AMAZON COM INC COM 023135106 265 855 SH   SOLE 855 0 0
AMERICAN ASSETS TR INC COM 024013104 597 15,000 SH   SOLE 15,000 0 0
AMERICAN EXPRESS CO COM 025816109 2,138 22,979 SH   SOLE 22,979 0 0
AMERICAN TOWER CORP NEW COM 03027X100 395 4,000 SH   SOLE 4,000 0 0
AMGEN INC COM 031162100 792 4,974 SH   SOLE 4,974 0 0
ANTHEM INC COM 036752103 2,331 18,552 SH   SOLE 18,552 0 0
APPLE INC COM 037833100 8,816 79,868 SH   SOLE 79,868 0 0
ARRAY BIOPHARMA INC COM 04269X105 497 105,000 SH   SOLE 105,000 0 0
AT&T INC COM 00206R102 324 9,634 SH   SOLE 9,634 0 0
AU OPTRONICS CORP SPONSORED ADR 002255107 612 120,200 SH   SOLE 120,200 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 616 7,389 SH   SOLE 7,389 0 0
AUTOZONE INC COM 053332102 2,279 3,681 SH   SOLE 3,681 0 0
AVALONBAY CMNTYS INC COM 053484101 350 2,145 SH   SOLE 2,145 0 0
BANCO MACRO SA SPON ADR B 05961W105 1,313 30,040 SH   SOLE 30,040 0 0
BANK AMER CORP COM 060505104 260 14,548 SH   SOLE 14,548 0 0
BARNES & NOBLE INC COM 067774109 327 14,100 SH   SOLE 14,100 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 452 2 SH   SOLE 2 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 508 3,383 SH   SOLE 3,383 0 0
BIODELIVERY SCIENCES INTL IN COM 09060J106 2,789 232,000 SH   SOLE 232,000 0 0
BOSTON PROPERTIES INC COM 101121101 203 1,575 SH   SOLE 1,575 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 1,538 26,052 SH   SOLE 26,052 0 0
BT GROUP PLC ADR 05577E101 3,420 55,174 SH   SOLE 55,174 0 0
CAMDEN PPTY TR SH BEN INT 133131102 746 10,100 SH   SOLE 10,100 0 0
CAPITAL ONE FINL CORP COM 14040H105 313 3,797 SH   SOLE 3,797 0 0
CARDINAL HEALTH INC COM 14149Y108 426 5,274 SH   SOLE 5,274 0 0
CBL & ASSOC PPTYS INC COM 124830100 779 40,100 SH   SOLE 40,100 0 0
CELANESE CORP DEL COM SER A 150870103 1,840 30,683 SH   SOLE 30,683 0 0
CHEVRON CORP NEW COM 166764100 3,148 28,062 SH   SOLE 28,062 0 0
CISCO SYS INC COM 17275R102 2,565 92,220 SH   SOLE 92,220 0 0
CONOCOPHILLIPS COM 20825C104 908 13,146 SH   SOLE 13,146 0 0
COUSINS PPTYS INC COM 222795106 228 20,000 SH   SOLE 20,000 0 0
DDR CORP COM 23317H102 296 16,100 SH   SOLE 16,100 0 0
DELUXE CORP COM 248019101 2,815 45,220 SH   SOLE 45,220 0 0
DIGITAL RLTY TR INC COM 253868103 789 11,900 SH   SOLE 11,900 0 0
DISCOVER FINL SVCS COM 254709108 1,940 29,618 SH   SOLE 29,618 0 0
DISH NETWORK CORP CL A 25470M109 2,088 28,640 SH   SOLE 28,640 0 0
DOUGLAS EMMETT INC COM 25960P109 426 15,000 SH   SOLE 15,000 0 0
DOW CHEM CO COM 260543103 491 10,770 SH   SOLE 10,770 0 0
DR REDDYS LABS LTD ADR 256135203 758 15,020 SH   SOLE 15,020 0 0
DUCOMMUN INC DEL COM 264147109 225 8,900 SH   SOLE 8,900 0 0
DUKE ENERGY CORP NEW COM NEW 26441C204 577 6,912 SH   SOLE 6,912 0 0
EARTHLINK HLDGS CORP COM 27033X101 304 69,155 SH   SOLE 69,155 0 0
EASTGROUP PPTY INC COM 277276101 253 4,000 SH   SOLE 4,000 0 0
ENANTA PHARMACEUTICALS INC COM 29251M106 3,788 74,500 SH   SOLE 74,500 0 0
ENDOCYTE INC COM 29269A102 352 56,000 SH   SOLE 56,000 0 0
ENTEROMEDICS INC COM NEW 29365M208 451 317,700 SH   SOLE 317,700 0 0
EPR PPTYS COM SH BEN INT 26884U109 203 3,518 SH   SOLE 3,518 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 773 30,125 SH   SOLE 30,125 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 593 11,500 SH   SOLE 11,500 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 251 3,500 SH   SOLE 3,500 0 0
ESSEX PPTY TR INC COM 297178105 215 1,039 SH   SOLE 1,039 0 0
EXTRA SPACE STORAGE INC COM 30225T102 493 8,400 SH   SOLE 8,400 0 0
EXXON MOBIL CORP COM 30231G102 3,966 42,900 SH   SOLE 42,900 0 0
FACEBOOK INC CL A 30303M102 235 3,007 SH   SOLE 3,007 0 0
FIDELITY MSCI ENERGY IDX 316092402 2,021 88,505 SH   SOLE 88,505 0 0
FLAMEL TECHNOLOGIES SA SPONSORED ADR 338488109 2,313 135,000 SH   SOLE 135,000 0 0
FLEXTRONICS INTL LTD ORD Y2573F102 2,086 186,620 SH   SOLE 186,620 0 0
GAP INC DEL COM 364760108 271 6,440 SH   SOLE 6,440 0 0
GENERAL DYNAMICS CORP COM 369550108 907 6,594 SH   SOLE 6,594 0 0
GENERAL ELECTRIC CO COM 369604103 634 25,084 SH   SOLE 25,084 0 0
GOLD FIELDS LTD NEW SPONSORED ADR 38059T106 919 180,000 SH   SOLE 180,000 0 0
GOOGLE INC CL A 38259P508 806 1,519 SH   SOLE 1,519 0 0
GOOGLE INC CL C 38259P706 742 1,409 SH   SOLE 1,409 0 0
GRUPO FINANCIERO GALICIA S A SP ADR 10 SH B 399909100 483 30,000 SH   SOLE 30,000 0 0
HARRIS CORP DEL COM 413875105 1,928 26,841 SH   SOLE 26,841 0 0
HCP INC COM 40414L109 746 16,940 SH   SOLE 16,940 0 0
HEALTH NET INC COM 42222G108 2,690 50,251 SH   SOLE 50,251 0 0
HEWLETT PACKARD CO COM 428236103 591 14,730 SH   SOLE 14,730 0 0
HOME DEPOT INC COM 437076102 273 2,600 SH   SOLE 2,600 0 0
HONEYWELL INTL INC COM 438516106 213 2,133 SH   SOLE 2,133 0 0
HUMANA INC COM 444859102 1,272 8,856 SH   SOLE 8,856 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 3,015 26,813 SH   SOLE 26,813 0 0
ICICI BK LTD ADR 45104G104 4,394 380,350 SH   SOLE 380,350 0 0
IGNYTA INC COM 451731103 1,439 210,000 SH   SOLE 210,000 0 0
INFOSYS LTD SPONSORED ADR 456788108 3,778 120,080 SH   SOLE 120,080 0 0
INGERSOLL-RAND PLC SHS G47791101 825 13,013 SH   SOLE 13,013 0 0
INSIGHT ENTERPRISES INC COM 45765U103 295 11,400 SH   SOLE 11,400 0 0
INTEL CORP COM 458140100 2,265 62,407 SH   SOLE 62,407 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,826 17,617 SH   SOLE 17,617 0 0
ISHARES 1-3 YR CR BD ETF 464288646 710 6,755 SH   SOLE 6,755 0 0
ISHARES BELGIUM CAPD ETF 464286301 292 18,000 SH   SOLE 18,000 0 0
ISHARES CALI AMT-FRE ETF 464288356 7,429 63,087 SH   SOLE 63,087 0 0
ISHARES GLB INFRASTR ETF 464288372 2,323 55,105 SH   SOLE 55,105 0 0
ISHARES INDIA 50 ETF 464289529 284 9,500 SH   SOLE 9,500 0 0
ISHARES MSCI ACWI US ETF 464288240 2,775 64,502 SH   SOLE 64,502 0 0
ISHARES MSCI ISR CAP ETF 464286632 281 6,000 SH   SOLE 6,000 0 0
ISHARES MSCI KLD400 SOC 464288570 230 3,000 SH   SOLE 3,000 0 0
ISHARES MSCI TAIWAN ETF 464286731 2,025 134,000 SH   SOLE 134,000 0 0
ISHARES MSCI THI CAP ETF 464286624 1,485 19,175 SH   SOLE 19,175 0 0
ISHARES MSCI TURKEY ETF 464286715 1,089 20,040 SH   SOLE 20,040 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 67,574 536,643 SH   SOLE 536,643 0 0
ISHARES TR COHEN&STEER REIT 464287564 1,595 16,467 SH   SOLE 16,467 0 0
ISHARES TR CORE HIGH DV ETF 46429B663 561 7,330 SH   SOLE 7,330 0 0
ISHARES TR CORE S&P500 ETF 464287200 7,501 36,261 SH   SOLE 36,261 0 0
ISHARES TR CORE US AGGBD ET 464287226 35,613 323,405 SH   SOLE 323,405 0 0
ISHARES TR IBOXX INV CP ETF 464287242 299 2,500 SH   SOLE 2,500 0 0
ISHARES TR IRELAND CAPD ETF 46429B507 289 8,400 SH   SOLE 8,400 0 0
ISHARES TR MSCI DENMRK ETF 46429B523 282 6,000 SH   SOLE 6,000 0 0
ISHARES TR MSCI EAFE ETF 464287465 3,490 57,361 SH   SOLE 57,361 0 0
ISHARES TR MSCI EMG MKT ETF 464287234 416 10,585 SH   SOLE 10,585 0 0
ISHARES TR MSCI FINLND ETF 46429B515 288 9,000 SH   SOLE 9,000 0 0
ISHARES TR N AMER TECH ETF 464287549 1,038 10,180 SH   SOLE 10,180 0 0
ISHARES TR RUS 2000 VAL ETF 464287630 2,970 29,210 SH   SOLE 29,210 0 0
ISHARES TR RUS MID-CAP ETF 464287499 529 3,169 SH   SOLE 3,169 0 0
ISHARES TR RUSSELL 2000 ETF 464287655 523 4,371 SH   SOLE 4,371 0 0
ISHARES TR S&P 100 ETF 464287101 1,119 12,305 SH   SOLE 12,305 0 0
ISHARES TR S&P MC 400GR ETF 464287606 278 1,739 SH   SOLE 1,739 0 0
ISHARES TR SELECT DIVID ETF 464287168 907 11,422 SH   SOLE 11,422 0 0
ISHARES TR SP SMCP600VL ETF 464287879 10,400 88,179 SH   SOLE 88,179 0 0
ISHARES TR U.S. REAL ES ETF 464287739 64,200 835,492 SH   SOLE 835,492 0 0
JOHNSON & JOHNSON COM 478160104 4,204 40,199 SH   SOLE 40,199 0 0
KIMBERLY CLARK CORP COM 494368103 836 7,238 SH   SOLE 7,238 0 0
KIMCO RLTY CORP COM 49446R109 880 35,000 SH   SOLE 35,000 0 0
LEAR CORP COM NEW 521865204 2,229 22,725 SH   SOLE 22,725 0 0
LIBERTY PPTY TR SH BEN INT 531172104 233 6,200 SH   SOLE 6,200 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 1,926 24,262 SH   SOLE 24,262 0 0
MACYS INC COM 55616P104 578 8,788 SH   SOLE 8,788 0 0
MAGNACHIP SEMICONDUCTOR CORP COM 55933J203 156 12,000 SH   SOLE 12,000 0 0
MARKET VECTORS ETF TR EGYPT INDX ETF 57061R569 264 4,530 SH   SOLE 4,530 0 0
MCDONALDS CORP COM 580135101 408 4,359 SH   SOLE 4,359 0 0
MERCADOLIBRE INC COM 58733R102 1,087 8,510 SH   SOLE 8,510 0 0
MERCK & CO INC NEW COM 58933Y105 330 5,806 SH   SOLE 5,806 0 0
MICRON TECHNOLOGY INC COM 595112103 1,901 54,297 SH   SOLE 54,297 0 0
MICROSOFT CORP COM 594918104 3,815 82,141 SH   SOLE 82,141 0 0
MIRATI THERAPEUTICS INC COM 60468T105 630 34,000 SH   SOLE 34,000 0 0
NAVIDEA BIOPHARMACEUTICALS I COM 63937X103 19 10,000 SH   SOLE 10,000 0 0
NICE SYS LTD SPONSORED ADR 653656108 1,773 35,000 SH   SOLE 35,000 0 0
NORANDA ALUM HLDG CORP COM 65542W107 92 26,022 SH   SOLE 26,022 0 0
NORFOLK SOUTHERN CORP COM 655844108 887 8,092 SH   SOLE 8,092 0 0
NORTHROP GRUMMAN CORP COM 666807102 2,310 15,674 SH   SOLE 15,674 0 0
ONE LIBERTY PPTYS INC COM 682406103 249 10,500 SH   SOLE 10,500 0 0
ORACLE CORP COM 68389X105 595 13,232 SH   SOLE 13,232 0 0
PARAMOUNT GROUP INC COM 69924R108 744 40,000 SH   SOLE 40,000 0 0
PENN NATL GAMING INC COM 707569109 398 29,000 SH   SOLE 29,000 0 0
PEPSICO INC COM 713448108 359 3,798 SH   SOLE 3,798 0 0
PFIZER INC COM 717081103 466 14,962 SH   SOLE 14,962 0 0
PIEDMONT OFFICE REALTY TR IN COM CL A 720190206 605 32,100 SH   SOLE 32,100 0 0
PILGRIMS PRIDE CORP NEW COM 72147K108 2,252 68,674 SH   SOLE 68,674 0 0
PIONEER ENERGY SVCS CORP COM 723664108 89 16,000 SH   SOLE 16,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 705 7,728 SH   SOLE 7,728 0 0
POST PPTYS INC COM 737464107 764 13,000 SH   SOLE 13,000 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 673 28,000 SH   SOLE 28,000 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 70,979 687,450 SH   SOLE 687,450 0 0
PPG INDS INC COM 693506107 1,927 8,337 SH   SOLE 8,337 0 0
PROCTER & GAMBLE CO COM 742718109 892 9,796 SH   SOLE 9,796 0 0
PROLOGIS INC COM 74340W103 891 20,700 SH   SOLE 20,700 0 0
PUBLIC STORAGE COM 74460D109 505 2,732 SH   SOLE 2,732 0 0
REYNOLDS AMERICAN INC COM 761713106 1,170 18,203 SH   SOLE 18,203 0 0
RYANAIR HLDGS PLC SPONSORED ADR 783513104 3,565 50,020 SH   SOLE 50,020 0 0
SANMINA CORPORATION COM 801056102 1,144 48,603 SH   SOLE 48,603 0 0
SCHWAB STRATEGIC TR US LRG CAP ETF 808524201 1,735 35,372 SH   SOLE 35,372 0 0
SCHWAB STRATEGIC TR US REIT ETF 808524847 216 5,549 SH   SOLE 5,549 0 0
SCHWAB STRATEGIC TR US SML CAP ETF 808524607 565 10,256 SH   SOLE 10,256 0 0
SEAGATE TECHNOLOGY PLC SHS G7945M107 3,610 54,282 SH   SOLE 54,282 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 280 3,876 SH   SOLE 3,876 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 352 7,263 SH   SOLE 7,263 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 8,503 343,851 SH   SOLE 343,851 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1,011 24,458 SH   SOLE 24,458 0 0
SESA STERLITE LTD SPONSORED ADR 78413F103 435 32,060 SH   SOLE 32,060 0 0
SILICONWARE PRECISION INDS L SPONSD ADR SPL 827084864 1,247 165,150 SH   SOLE 165,150 0 0
SIMON PPTY GROUP INC NEW COM 828806109 485 2,662 SH   SOLE 2,662 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 339 2,981 SH   SOLE 2,981 0 0
SPDR INDEX SHS FDS MSCI ACWI EXUS 78463X848 376 11,252 SH   SOLE 11,252 0 0
SPDR INDEX SHS FDS S&P EM MKT DIV 78463X533 202 5,930 SH   SOLE 5,930 0 0
SPDR INDEX SHS FDS S&P GBLINF ETF 78463X855 322 6,640 SH   SOLE 6,640 0 0
SPDR INDEX SHS FDS S&P INTL ETF 78463X772 223 5,310 SH   SOLE 5,310 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 70,101 341,058 SH   SOLE 341,058 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 330 1,252 SH   SOLE 1,252 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 372 12,855 SH   SOLE 12,855 0 0
SPDR SERIES TRUST BARC SHT TR CP 78464A474 12,892 421,658 SH   SOLE 421,658 0 0
SPDR SERIES TRUST NUVN BR SHT MUNI 78464A425 13,924 573,251 SH   SOLE 573,251 0 0
SPDR SERIES TRUST NUVN BRCLY MUNI 78464A458 5,891 243,825 SH   SOLE 243,825 0 0
SPDR SERIES TRUST S&P BK ETF 78464A797 265 7,900 SH   SOLE 7,900 0 0
SPDR SERIES TRUST S&P DIVID ETF 78464A763 578 7,330 SH   SOLE 7,330 0 0
SPIRIT RLTY CAP INC NEW COM 84860W102 476 40,000 SH   SOLE 40,000 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 2,994 306,380 SH   SOLE 306,380 0 0
SSGA ACTIVE ETF TR BLKSTN GSOSRLN 78467V608 824 16,900 SH   SOLE 16,900 0 0
STARZ COM SER A 85571Q102 1,845 62,105 SH   SOLE 62,105 0 0
STONERIDGE INC COM 86183P102 193 15,000 SH   SOLE 15,000 0 0
SWIFT TRANSN CO CL A 87074U101 296 10,325 SH   SOLE 10,325 0 0
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 2,484 110,288 SH   SOLE 110,288 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 739 20,000 SH   SOLE 20,000 0 0
TATA MTRS LTD SPONSORED ADR 876568502 2,750 65,045 SH   SOLE 65,045 0 0
TEKMIRA PHARMACEUTICALS CORP COM NEW 87911B209 1,212 80,000 SH   SOLE 80,000 0 0
TELECOM ARGENTINA S A SPON ADR REP B 879273209 635 33,000 SH   SOLE 33,000 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 14,395 250,300 SH   SOLE 250,300 0 0
TOWER INTL INC COM 891826109 240 9,400 SH   SOLE 9,400 0 0
TRAVELERS COMPANIES INC COM 89417E109 1,219 11,517 SH   SOLE 11,517 0 0
UDR INC COM 902653104 237 7,700 SH   SOLE 7,700 0 0
UNIFI INC COM NEW 904677200 282 9,500 SH   SOLE 9,500 0 0
UNITED PARCEL SERVICE INC CL B 911312106 372 3,350 SH   SOLE 3,350 0 0
UNITED TECHNOLOGIES CORP COM 913017109 972 8,452 SH   SOLE 8,452 0 0
UNITEDHEALTH GROUP INC COM 91324P102 1,133 11,205 SH   SOLE 11,205 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 241 2,928 SH   SOLE 2,928 0 0
VANGUARD INDEX FDS LARGE CAP ETF 922908637 929 9,840 SH   SOLE 9,840 0 0
VANGUARD INDEX FDS REIT ETF 922908553 2,441 30,138 SH   SOLE 30,138 0 0
VANGUARD INDEX FDS SM CP VAL ETF 922908611 716 6,765 SH   SOLE 6,765 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 42,700 402,826 SH   SOLE 402,826 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 3,185 67,975 SH   SOLE 67,975 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 937 23,404 SH   SOLE 23,404 0 0
VANGUARD SCOTTSDALE FDS INT-TERM CORP 92206C870 259 3,010 SH   SOLE 3,010 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 430 11,361 SH   SOLE 11,361 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 848 12,338 SH   SOLE 12,338 0 0
VANGUARD WORLD FDS CONSUM DIS ETF 92204A108 5,939 50,810 SH   SOLE 50,810 0 0
VANGUARD WORLD FDS CONSUM STP ETF 92204A207 6,402 51,114 SH   SOLE 51,114 0 0
VANGUARD WORLD FDS ENERGY ETF 92204A306 1,011 9,060 SH   SOLE 9,060 0 0
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 6,725 53,550 SH   SOLE 53,550 0 0
VANGUARD WORLD FDS INDUSTRIAL ETF 92204A603 5,323 49,830 SH   SOLE 49,830 0 0
VANGUARD WORLD FDS INF TECH ETF 92204A702 7,438 71,195 SH   SOLE 71,195 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 1,822 16,968 SH   SOLE 16,968 0 0
VANGUARD WORLD FDS TELCOMM ETF 92204A884 1,223 14,434 SH   SOLE 14,434 0 0
VANGUARD WORLD FDS UTILITIES ETF 92204A876 2,504 24,469 SH   SOLE 24,469 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,247 48,029 SH   SOLE 48,029 0 0
VONAGE HLDGS CORP COM 92886T201 368 96,500 SH   SOLE 96,500 0 0
WAL-MART STORES INC COM 931142103 379 4,412 SH   SOLE 4,412 0 0
WELLS FARGO & CO NEW COM 949746101 2,067 37,708 SH   SOLE 37,708 0 0
WESTERN DIGITAL CORP COM 958102105 2,601 23,498 SH   SOLE 23,498 0 0
WINTHROP RLTY TR SH BEN INT NEW 976391300 231 14,800 SH   SOLE 14,800 0 0
XENOPORT INC COM 98411C100 1,052 120,000 SH   SOLE 120,000 0 0
YPF SOCIEDAD ANONIMA SPON ADR CL D 984245100 954 36,040 SH   SOLE 36,040 0 0