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
Abiomed Inc COM 003654100 2,046 4,550 SH   OTR 1 4,550 0 0
ADOBE SYSTEMS INCORPORATED COM 00724F101 2,632 9,750 SH   OTR 1 9,750 0 0
Align Technology I COM 016255101 3,032 7,750 SH   OTR 1 7,750 0 0
Allied Motion Tech COM 019330109 637 11,700 SH   OTR 1 11,700 0 0
Alps Etf Trust ETF 00162Q593 2,043 51,892 SH   OTR 2 51,892 0 0
Amazon.com, Inc. COM 023135106 1,602 800 SH   OTR 1 800 0 0
Amedisys Inc COM 023436108 387 3,100 SH   OTR 1 3,100 0 0
America First Multifamily Investors L.P COM 02364V107 246 43,183 SH   SOLE   43,183 0 0
Appfolio Incorporation COM 03783C100 1,505 19,200 SH   OTR 1 19,200 0 0
ARBOR REALTY INC COM 038923108 429 37,400 SH   OTR 1 37,400 0 0
Atlassian Corporation Plc COM G06242104 423 4,400 SH   OTR 1 4,400 0 0
AudioCodes Ltd. COM M15342104 329 32,700 SH   OTR 1 32,700 0 0
AXON ENTERPRISE INC COM COM 05464C101 1,245 18,200 SH   OTR 1 18,200 0 0
Berkshire Hathaway Inc. COM 084670702 1,110 5,185 SH   SOLE   5,185 0 0
Biotelemetry Inc COM 090672106 928 14,400 SH   OTR 1 14,400 0 0
Boise Cascade Co COM 09739D100 2,190 59,500 SH   OTR 1 59,500 0 0
BP p.l.c. COM 055622104 438 9,500 SH   OTR 1 9,500 0 0
Buckle COM 118440106 272 11,795 SH   SOLE   11,795 0 0
Burlington Stores COM 122017106 815 5,000 SH   OTR 1 5,000 0 0
Callaway Golf Co COM 131193104 685 28,200 SH   OTR 1 28,200 0 0
Camtek COM M20791105 511 59,600 SH   OTR 1 59,600 0 0
Chart Industries Inc COM 16115Q308 595 7,600 SH   OTR 1 7,600 0 0
CME Group Inc. COM 12572Q105 494 2,900 SH   OTR 1 2,900 0 0
ConocoPhillips COM 20825C104 611 7,900 SH   OTR 1 7,900 0 0
Copart Inc COM 217204106 479 9,300 SH   OTR 1 9,300 0 0
Covenant Transn Gp COM 22284P105 738 25,400 SH   OTR 1 25,400 0 0
DELEK US HLDGS INC NEW COM COM 24665A103 1,591 37,500 SH   OTR 1 37,500 0 0
Denbury Resources Inc. COM 247916208 963 155,300 SH   OTR 1 155,300 0 0
Double Line Tactical ETF 78467V848 2,215 47,037 SH   SOLE   47,037 0 0
Ecopetrol S.A. COM 279158109 2,620 97,300 SH   OTR 1 97,300 0 0
Electro Scientific Industries Inc. COM 285229100 1,633 93,600 SH   OTR 1 93,600 0 0
Enanta Pharmaceuticals Inc COM 29251M106 649 7,600 SH   OTR 1 7,600 0 0
ENOVA INTL INC COM 29357K103 458 15,900 SH   OTR 1 15,900 0 0
Etfis Ser Tr I ETF 26923G103 1,635 219,490 SH   SOLE   219,490 0 0
Evolution Petr Cor COM 30049A107 506 46,000 SH   OTR 1 46,000 0 0
FED Signal Corp COM 313855108 932 34,800 SH   OTR 1 34,800 0 0
First Tr Exchange ETF 33733E302 4,050 28,617 SH   OTR 2 28,617 0 0
Forent Energy Inc COM 34959E109 1,947 21,100 SH   OTR 1 21,100 0 0
GEOPARK LTD COM G38327105 1,367 67,000 SH   OTR 1 67,000 0 0
Grainger W W Inc COM 384802104 536 1,500 SH   OTR 1 1,500 0 0
Green Plains Inc COM 393222104 253 14,718 SH   SOLE   14,718 0 0
Green Plains Partners Lp COM 393221106 257 17,242 SH   SOLE   17,242 0 0
Grubhub Inc COM 400110102 1,178 8,500 SH   OTR 1 8,500 0 0
Heico Corp COM 422806109 984 10,625 SH   OTR 1 10,625 0 0
HollyFrontier Corporati COM 436106108 1,433 20,500 SH   OTR 1 20,500 0 0
ImmunoGen Inc. COM 45253H101 536 56,600 SH   OTR 1 56,600 0 0
Inogen Inc COM 45780L104 525 2,150 SH   OTR 1 2,150 0 0
Insteel Inds Inc COM 45774W108 276 7,700 SH   OTR 1 7,700 0 0
Interxion Holding COM N47279109 491 7,300 SH   OTR 1 7,300 0 0
Intricom Corp COM 46121H109 1,191 21,200 SH   OTR 1 21,200 0 0
Intuitive Surgical COM 46120E602 1,782 3,105 SH   OTR 1 3,105 0 0
IRADIMED CORP COM 46266A109 1,137 30,600 SH   OTR 1 30,600 0 0
iShares Mid Cap ETF 464287507 2,769 13,761 SH   SOLE   13,761 0 0
iShares Min Vol ETF 46429B697 3,185 55,847 SH   SOLE   55,847 0 0
Ishares S&P 500 ETF 464287200 3,185 108,821 SH   SOLE   108,821 0 0
iShares Small Value ETF 464287630 2,077 15,620 SH   SOLE   15,620 0 0
ISHARES TRUST ETF 464287200 2,342 8,000 SH   SOLE   8,000 0 0
ISHARES TRUST ETF 464287291 4,247 24,250 SH   OTR 2 24,250 0 0
ISHARES TRUST ETF 464287523 4,132 22,330 SH   OTR 2 22,330 0 0
ISHARES TRUST ETF 464288422 3,904 105,575 SH   OTR 2 105,575 0 0
ISHARES TRUST ETF 464288794 283 4,554 SH   SOLE   4,554 0 0
ISHARES TRUST ETF 464288810 4,517 19,856 SH   OTR 2 19,856 0 0
ISHARES TRUST ETF 46429B697 2,363 41,430 SH   SOLE   41,430 0 0
ISHARES TRUST U.S. AER&DEF ETF ETF 464288760 216 996 SH   SOLE   996 0 0
ISHARES TRUST U.S. AER&DEF ETF ETF 464288760 4,493 20,752 SH   OTR 2 20,752 0 0
JOHN HANCOCK EXCHANGE TRADED F ETF 47804J305 899 27,086 SH   OTR 2 27,086 0 0
JOHN HANCOCK EXCHANGE TRADED F ETF 47804J404 322 8,636 SH   OTR 2 8,636 0 0
JOHN HANCOCK EXCHANGE TRADED F ETF 47804J701 1,634 50,000 SH   OTR 2 50,000 0 0
Legacy Reserves Inc COM 524706108 459 94,700 SH   OTR 1 94,700 0 0
Ligand Pharmaceuticals Incorporated COM 53220K504 1,208 4,400 SH   OTR 1 4,400 0 0
Lindsay Corp COM 535555106 394 3,927 SH   SOLE   3,927 0 0
Lululemon Athletic COM 550021109 1,105 6,800 SH   OTR 1 6,800 0 0
Lumentum Holdings Incorporation COM 55024U109 1,049 17,500 SH   OTR 1 17,500 0 0
Malibu Boats Inc COM 56117J100 550 10,044 SH   OTR 1 10,044 0 0
Marine Products Co COM 568427108 300 13,100 SH   OTR 1 13,100 0 0
MasterCard Incorporated COM 57636Q104 1,803 8,100 SH   OTR 1 8,100 0 0
Match Group Inc. COM 57665R106 996 17,200 SH   OTR 1 17,200 0 0
MCBC Holdings Inc. COM 55276F107 965 26,900 SH   OTR 1 26,900 0 0
Mcgrath Rentcorp COM 580589109 278 5,100 SH   OTR 1 5,100 0 0
Medifast Inc COM 58470H101 3,301 14,900 SH   OTR 1 14,900 0 0
Mellanox Technolog COM M51363113 441 6,000 SH   OTR 1 6,000 0 0
Methanex Corporation COM 59151K108 862 10,900 SH   OTR 1 10,900 0 0
Michael Kors Holdings Ltd COM G60754101 576 8,400 SH   OTR 1 8,400 0 0
Micron Technology Inc. COM 595112103 1,022 22,600 SH   OTR 1 22,600 0 0
Mimecast Ltd COM G14838109 808 19,300 SH   OTR 1 19,300 0 0
MIX Telematics Ltd COM 60688N102 585 40,500 SH   OTR 1 40,500 0 0
Moelis & Company COM 60786M105 685 12,509 SH   OTR 1 12,509 0 0
Natl Research Corp COM 637372202 416 10,790 SH   SOLE   10,790 0 0
Nelnet Inc. COM 64031N108 347 6,071 SH   SOLE   6,071 0 0
Netflix, Inc. COM 64110L106 2,058 5,500 SH   OTR 1 5,500 0 0
Neurocrine Bioscie COM 64125C109 578 4,700 SH   OTR 1 4,700 0 0
Nice Limited COM 653656108 836 7,300 SH   OTR 1 7,300 0 0
NMI Holdings Inc COM 629209305 632 27,900 SH   OTR 1 27,900 0 0
Northrop Grumman Corporation COM 666807102 1,904 6,000 SH   OTR 1 6,000 0 0
Nvidia Corp COM 67066G104 5,629 20,030 SH   OTR 1 20,030 0 0
OLD Dominion Fght COM 679580100 516 3,200 SH   OTR 1 3,200 0 0
Orion Engineered Carbons S.A. COM L72967109 575 17,900 SH   OTR 1 17,900 0 0
Palo Alto Networks Inc COM 697435105 451 2,000 SH   OTR 1 2,000 0 0
Paycom Software Inc COM 70432V102 2,549 16,400 SH   OTR 1 16,400 0 0
Paypal Holdings Incorporation COM 70450Y103 1,230 14,000 SH   OTR 1 14,000 0 0
PGT Innovations Inc COM 69336V101 845 39,100 SH   OTR 1 39,100 0 0
Phillips 66 COM 718546104 1,522 13,500 SH   OTR 1 13,500 0 0
POINTS INTL LTD COM 730843208 312 22,200 SH   OTR 1 22,200 0 0
POWERSHARES ETF TRUST DYN LSR & ENT ETF 46137V852 2,148 21,752 SH   OTR 2 21,752 0 0
Preferred Apt Communities COM 74063B799 2,000 2,000 SH   SOLE   2,000 0 0
Profire Energy Inc COM 74316X101 367 115,000 SH   OTR 1 115,000 0 0
Radware COM M81873107 799 30,200 SH   OTR 1 30,200 0 0
Rayonier Advanced Materials Inc COM 75508B104 671 36,400 SH   OTR 1 36,400 0 0
Ross Stores Inc COM 778296103 575 5,800 SH   OTR 1 5,800 0 0
S&P GLOBAL INC COM 78409V104 469 2,400 SH   OTR 1 2,400 0 0
SBI INT-FINL COM 81369Y605 13,465 488,233 SH   OTR 2 488,233 0 0
Seagate Tech Plc COM G7945M107 2,368 50,000 SH   OTR 1 50,000 0 0
Select Sector Spdr ETF 81369Y100 13,680 236,154 SH   OTR 2 236,154 0 0
Select Sector Spdr ETF 81369Y209 813 8,544 SH   SOLE   8,544 0 0
Select Sector Spdr ETF 81369Y209 14,360 150,940 SH   OTR 2 150,940 0 0
Select Sector Spdr ETF 81369Y308 13,952 258,797 SH   OTR 2 258,797 0 0
Select Sector Spdr ETF 81369Y407 691 5,896 SH   SOLE   5,896 0 0
Select Sector Spdr ETF 81369Y407 13,906 118,632 SH   OTR 2 118,632 0 0
Select Sector Spdr ETF 81369Y506 519 6,855 SH   SOLE   6,855 0 0
Select Sector Spdr ETF 81369Y704 320 4,088 SH   SOLE   4,088 0 0
Select Sector Spdr ETF 81369Y704 14,140 180,378 SH   OTR 2 180,378 0 0
Select Sector Spdr ETF 81369Y803 1,160 15,394 SH   SOLE   15,394 0 0
Select Sector Spdr ETF 81369Y803 13,900 184,522 SH   OTR 2 184,522 0 0
Select Sector Spdr ETF 81369Y852 14,017 286,067 SH   OTR 2 286,067 0 0
Select Sector Spdr ETF 81369Y860 13,535 415,050 SH   OTR 2 415,050 0 0
Select Sector Spdr ETF 81369Y886 13,626 258,701 SH   OTR 2 258,701 0 0
Servicenow Inc COM 81762P102 1,741 8,900 SH   OTR 1 8,900 0 0
Solaredge Technologies Inc COM 83417M104 241 6,400 SH   OTR 1 6,400 0 0
Spartan Motors COM 846819100 248 16,800 SH   OTR 1 16,800 0 0
Spdr Series Trust ETF 78464A359 4,085 75,727 SH   OTR 2 75,727 0 0
Spdr Series Trust ETF 78464A409 4,328 113,180 SH   OTR 2 113,180 0 0
Spdr Series Trust ETF 78464A417 5,060 140,354 SH   SOLE   140,354 0 0
Spdr Series Trust ETF 78464A581 3,162 36,011 SH   OTR 2 36,011 0 0
Spdr Series Trust COM 78464A698 344 5,784 SH   SOLE   5,784 0 0
Spdr Series Trust ETF 78464A698 668 11,250 SH   SOLE   11,250 0 0
Spdr Series Trust ETF 78464A698 2,789 46,935 SH   OTR 2 46,935 0 0
Statoil ASA COM 29446M102 519 18,400 SH   OTR 1 18,400 0 0
Suncor Energy Inc. COM 867224107 418 10,800 SH   OTR 1 10,800 0 0
Supernus Pharmaceuticals, Inc COM 868459108 458 9,100 SH   OTR 1 9,100 0 0
TD AMERITRADE Holding Corporation COM 87236Y108 719 13,601 SH   SOLE   13,601 0 0
Techtarget Inc COM 87874R100 891 45,900 SH   OTR 1 45,900 0 0
Tecnoglass Inc COM G87264100 501 51,001 SH   OTR 1 51,001 0 0
The Boeing Company COM 097023105 2,455 6,600 SH   OTR 1 6,600 0 0
The Home Depot, Inc. COM 437076102 2,900 14,000 SH   OTR 1 14,000 0 0
The Progressive Corporation COM 743315103 852 12,000 SH   OTR 1 12,000 0 0
THERMON GROUP HLDGS INC COM 88362T103 335 13,000 SH   OTR 1 13,000 0 0
Trex Company, Inc. COM 89531P105 2,117 27,500 SH   OTR 1 27,500 0 0
Trinet Group Inc COM 896288107 529 9,400 SH   OTR 1 9,400 0 0
Twitter Inc COM 90184L102 854 30,000 SH   OTR 1 30,000 0 0
Union Pacific Corporation COM 907818108 1,040 6,390 SH   SOLE   6,390 0 0
Universal Logistics Holdings Inc COM 91388P105 857 23,300 SH   OTR 1 23,300 0 0
Valero Energy Corporation COM 91913Y100 2,468 21,700 SH   OTR 1 21,700 0 0
Valmont Industries Inc. COM 920253101 739 5,336 SH   SOLE   5,336 0 0
Vanguard Index Fds ETF 922908751 327 2,014 SH   SOLE   2,014 0 0
Vanguard World Fds ETF 92204A405 2,884 41,572 SH   OTR 2 41,572 0 0
Vanguard World Fds ETF 92204A702 3,068 15,147 SH   OTR 2 15,147 0 0
Verisk Analytics, Inc. COM 92345Y106 458 3,800 SH   OTR 1 3,800 0 0
Viper Energy Partners LP COM 92763M105 1,486 35,300 SH   OTR 1 35,300 0 0
Virtu Financial Inc COM 928254101 1,031 50,400 SH   OTR 1 50,400 0 0
Werner Enterprises COM 950755108 612 17,319 SH   SOLE   17,319 0 0
Wex Inc COM 96208T104 452 2,249 SH   OTR 1 2,249 0 0
Windstream Holdings Inc COM 97382A309 76 15,489 SH   SOLE   15,489 0 0
WNS Holdings Ltd COM 92932M101 751 14,800 SH   OTR 1 14,800 0 0
World Wrestling En COM 98156Q108 1,683 17,400 SH   OTR 1 17,400 0 0
XPO Logistics Inc. COM 983793100 1,073 9,400 SH   OTR 1 9,400 0 0
Zoetis Inc. COM 98978V103 1,273 13,900 SH   OTR 1 13,900 0 0