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
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 11,973 147,236 SH   SOLE   147,236 0 0
ALPS ETF TR ALERIAN MLP 00162Q866 338 17,644 SH   SOLE   17,644 0 0
AMERICAN EXPRESS CO COM 025816109 12,456 142,290 SH   SOLE   142,290 0 0
BABCOCK & WILCOX CO NEW COM 05615F102 10,312 372,405 SH   SOLE   372,405 0 0
BLUCORA INC COM 095229100 8,309 545,186 SH   SOLE   545,186 0 0
BOOZ ALLEN HAMILTON HLDG COR CL A 099502106 13,219 564,913 SH   SOLE   564,913 0 0
BUCKLE INC COM 118440106 9,315 205,225 SH   SOLE   205,225 0 0
CF INDS HLDGS INC COM 125269100 14,503 51,940 SH   SOLE   51,940 0 0
CIRRUS LOGIC INC COM 172755100 10,946 524,978 SH   SOLE   524,978 0 0
CONVERSANT INC COM 21249J105 18,085 528,042 SH   SOLE   528,042 0 0
CVS HEALTH CORP COM 126650100 27,094 340,414 SH   SOLE   340,414 0 0
DEPOMED INC COM 249908104 7,790 512,820 SH   SOLE   512,820 0 0
DISCOVER FINL SVCS COM 254709108 14,006 217,525 SH   SOLE   217,525 0 0
DOLBY LABORATORIES INC COM 25659T107 14,877 355,996 SH   SOLE   355,996 0 0
FIRST TR EXCH TRD ALPHA FD I CANADA ALPHA 33737J208 9,690 270,522 SH   SOLE   270,522 0 0
FIRST TR EXCH TRD ALPHA FD I HONG KONG ALPH 33737J240 9,634 255,129 SH   SOLE   255,129 0 0
FIRST TR EXCH TRD ALPHA FD I TAIWAN ALPHADE 33737J257 9,458 268,532 SH   SOLE   268,532 0 0
FIRST TR EXCHANGE TRADED FD ENERGY ALPHADX 33734x127 19,496 754,184 SH   SOLE   754,184 0 0
FIRST TR EXCHANGE TRADED FD HLTH CARE ALPH 33734x143 26,071 467,308 SH   SOLE   467,308 0 0
FIRST TR EXCHANGE TRADED FD INDLS PROD DUR 33734x150 23,762 809,058 SH   SOLE   809,058 0 0
FIRST TR EXCHANGE TRADED FD TECH ALPHADEX 33734x176 255 7,875 SH   SOLE   7,875 0 0
FIRST TR LRG CP GRWTH ALPHAD COM SHS 33735K108 21,807 501,078 SH   SOLE   501,078 0 0
FIRST TR S&P REIT INDEX FD COM 33734G108 35,010 1,780,767 SH   SOLE   1,780,767 0 0
GROUPE CGI INC CL A SUB VTG 39945C109 12,302 364,042 SH   SOLE   364,042 0 0
ICONIX BRAND GROUP INC COM 451055107 19,327 523,201 SH   SOLE   523,201 0 0
ISHARES MSCI ISR CAP ETF 464286632 9,892 194,219 SH   SOLE   194,219 0 0
ISHARES MSCI SPAN CP ETF 464286764 7,892 202,885 SH   SOLE   202,885 0 0
ISHARES MBS ETF 464288588 880 8,143 SH   SOLE   8,143 0 0
ISHARES U.S. PFD STK ETF 464288687 549 13,891 SH   SOLE   13,891 0 0
ISHARES TR IBOXX INV CP ETF 464287242 1,096 9,269 SH   SOLE   9,269 0 0
ISHARES TR 20+ YR TR BD ETF 464287432 36,263 311,885 SH   SOLE   311,885 0 0
ISHARES TR 7-10 Y TR BD ETF 464287440 32,441 313,073 SH   SOLE   313,073 0 0
ISHARES TR EUROPE ETF 464287861 213 4,722 SH   SOLE   4,722 0 0
ISHARES TR IRELAND CAPD ETF 46429B507 9,753 283,097 SH   SOLE   283,097 0 0
MALLINCKRODT PUB LTD CO SHS G5785G107 14,902 165,304 SH   SOLE   165,304 0 0
NEUSTAR INC CL A 64126X201 6,304 253,873 SH   SOLE   253,873 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 5,922 131,512 SH   SOLE   131,512 0 0
ORACLE CORP COM 68389X105 15,720 410,662 SH   SOLE   410,662 0 0
PDL BIOPHARMA INC COM 69329Y104 9,699 1,298,459 SH   SOLE   1,298,459 0 0
PLUM CREEK TIMBER CO INC COM 729251108 212 5,423 SH   SOLE   5,423 0 0
POWERSHARES ACTIVE MNG ETF T S&P500 DWNHDGE 73935B805 221 7,698 SH   SOLE   7,698 0 0
POWERSHARES ETF TR II S&P500 LOW VOL 73937B779 329 9,407 SH   SOLE   9,407 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936q769 547 22,514 SH   SOLE   22,514 0 0
POWERSHARES GLOBAL ETF TRUST SOVEREIGN DEBT 73936t573 551 19,344 SH   SOLE   19,344 0 0
PROSHARES TR SHRT 20+YR TRE 74347x849 431 15,534 SH   SOLE   15,534 0 0
SCRIPPS NETWORKS INTERACT IN CL A COM 811065101 12,987 166,306 SH   SOLE   166,306 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 40,685 206,503 SH   SOLE   206,503 0 0
SPDR SER TR SHT TRM HGH YLD 78468R408 868 28,998 SH   SOLE   28,998 0 0
STURM RUGER & CO INC COM 864159108 10,566 217,004 SH   SOLE   217,004 0 0
SYNAPTICS INC COM 87157D109 15,353 209,741 SH   SOLE   209,741 0 0
SYNTEL INC COM 87162H103 13,417 152,571 SH   SOLE   152,571 0 0
TAKE-TWO INTERACTIVE SOFTWAR COM 874054109 13,071 566,564 SH   SOLE   566,564 0 0
TOWERS WATSON & CO CL A 891894107 11,253 113,097 SH   SOLE   113,097 0 0
UNISYS CORP COM NEW 909214306 10,040 428,877 SH   SOLE   428,877 0 0
UNITED THERAPEUTICS CORP DEL COM 91307C102 16,530 128,488 SH   SOLE   128,488 0 0
UNITEDHEALTH GROUP INC COM 91324P102 22,263 258,120 SH   SOLE   258,120 0 0
VANGUARD INDEX FDS REIT ETF 922908553 27,231 378,995 SH   SOLE   378,995 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 1,090 22,079 SH   SOLE   22,079 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 1,102 13,794 SH   SOLE   13,794 0 0
VANGUARD WHITEHALL FDS INC HIGH DIV YLD 921946406 1,316 19,820 SH   SOLE   19,820 0 0
VIACOM INC NEW CL B 92553P201 21,350 277,492 SH   SOLE   277,492 0 0
WELLCARE HEALTH PLANS INC COM 94946T106 9,425 156,192 SH   SOLE   156,192 0 0
WESTERN REFNG INC COM 959319104 13,909 331,238 SH   SOLE   331,238 0 0
WISDOMTREE TR EMERG MKTS ETF 97717W315 200 4,190 SH   SOLE   4,190 0 0