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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
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 11,292 286,238 SH   SOLE 286,238 0 0
CAFEPRESS INC COM 12769A103 182 30,000 SH   SOLE 30,000 0 0
ISHARES CORE TOTUSBD ETF 464287226 4,503 41,725 SH   SOLE 41,725 0 0
ISHARES MSCI EMG MKT ETF 464287234 329,446 8,033,300 SH Put SOLE 8,033,300 0 0
ISHARES MSCI EMG MKT ETF 464287234 3,772 92,014 SH   SOLE 92,014 0 0
ISHARES NA NAT RES 464287374 14,644 330,499 SH   SOLE 330,499 0 0
ISHARES MSCI EAFE ETF 464287465 536,196 7,979,100 SH Put SOLE 7,979,100 0 0
ISHARES MSCI EAFE ETF 464287465 6,676 99,396 SH   SOLE 99,396 0 0
ISHARES U.S. REAL ES ETF 464287739 4,067 60,105 SH   SOLE 60,105 0 0
ISHARES IBOXX HI YD ETF 464288513 3,823 40,500 SH   SOLE 40,500 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 1,777 43,800 SH   SOLE 43,800 0 0