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
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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
ISHARES CORE S&P 500 ETF ETF 464287200 61,465 291,997 SH   SOLE 0 291,997 0 0
ISHARES CORE S&P MID-CAP ETF ETF 464287507 42,837 286,746 SH   SOLE 0 286,746 0 0
ISHARES EDGE MSCI MIN VOL USA ETF ETF 46429B697 20,734 448,693 SH   SOLE 0 448,693 0 0
SECTOR SPDR TR SHS BEN INT TECHNOLOGY ETF 81369Y803 17,424 401,744 SH   SOLE 0 401,744 0 0
ISHARES S&P 500 VALUE ETF ETF 464287408 15,108 162,623 SH   SOLE 0 162,623 0 0
POWERSHARES QQQ TR UNIT SER 1 ETF 73935A104 14,175 131,808 SH   SOLE 0 131,808 0 0
ALPHABET INC CAP STK CL A CL A 02079K305 12,310 17,497 SH   SOLE 0 17,497 0 0
NUVEEN CALIFORNIA HIGH YIELD MUNI BD I CL I 67065N555 11,775 1,161,224 SH   SOLE 0 1,161,224 0 0
ISHARES RUSSELL 1000 ETF ETF 464287622 11,689 99,999 SH   SOLE 0 99,999 0 0
ALPHABET INC CAP STK CL C CL C 02079K107 10,797 15,601 SH   SOLE 0 15,601 0 0
DOUBLELINE SHILLER ENHANCED CAP CL I CL I 258620822 8,717 689,621 SH   SOLE 0 689,621 0 0
PIMCO INCOME FUND INSTITUTIONAL FUND INSTL 72201F490 7,456 627,088 SH   SOLE 0 627,088 0 0
SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY ETF 81369Y407 7,070 90,571 SH   SOLE 0 90,571 0 0
AKRE FOCUS FUND INSTL INSTL 742935125 4,129 170,685 SH   SOLE 0 170,685 0 0
DOUBLELINE SHILLER ENHANCED CAP CL N CL N 258620814 3,692 292,335 SH   SOLE 0 292,335 0 0
RYDEX LARGE CAP VALUE H CLASS CL H 78355E676 3,155 23,578 SH   SOLE 0 23,578 0 0
PIMCO INV GRADE CORP BOND INSTL INSTL 722005816 2,391 228,822 SH   SOLE 0 228,822 0 0
GILEAD SCIENCES INC COM 375558103 2,317 27,780 SH   SOLE 0 27,780 0 0
APPLE INC COM 037833100 2,187 22,875 SH   SOLE 0 22,875 0 0
AKRE FOCUS FUND RETAIL RETAIL 742935117 2,113 88,675 SH   SOLE 0 88,675 0 0
OPPENHEIMER INTL SML MID COMPANY CL A CL A 68380U100 1,213 33,256 SH   SOLE 0 33,256 0 0
WHITE MOUNTAINS INSURANCE GROUP COM USD1 COM G9618E107 951 1,130 SH   SOLE 0 1,130 0 0
FACEBOOK INC COM USD0.000006 CL A CL A 30303M102 937 8,200 SH   SOLE 0 8,200 0 0
SALESFORCE COM INC COM 79466L302 640 8,054 SH   SOLE 0 8,054 0 0
NUVEEN HIGH YIELD MUNICIPAL CLASS I CL I 67065Q772 636 35,448 SH   SOLE 0 35,448 0 0
COSTCO WHOLESALE CORP COM 22160K105 613 3,902 SH   SOLE 0 3,902 0 0
OPPENHEIMER INT'L SML MID COMPANY CL Y CL Y 68380U506 546 15,053 SH   SOLE 0 15,053 0 0
ISHARES S&P MIDCAP 400 VALUE ETF ETF 464287705 453 3,535 SH   SOLE 0 3,535 0 0
ISHARES S&P MID CAP 400 GROWTH ETF ETF 464287606 442 2,615 SH   SOLE 0 2,615 0 0
DOUBLELINE TOTAL RETURN BOND FD CL I CL I 258620103 326 29,862 SH   SOLE 0 29,862 0 0
NUVEEN CALIFORNIA HIGH YLD MUNI BD A CL A 67065N589 302 29,754 SH   SOLE 0 29,754 0 0
MICROSOFT CORP COM 594918104 284 5,559 SH   SOLE 0 5,559 0 0
GOLDMAN SACHS SMALL/ MID CAP GRWTH CL A CL A 38143H779 214 11,215 SH   SOLE 0 11,215 0 0