TATA MOTORS LTD  ADR                  $343,398        12,900         12,900 * 
ISHARES MSCI TAIWAN ETF               $339,648        24,400         24,400 * 
ISHARES MSCI SPAIN CAPPED ETF         $337,075         9,700          9,700 * 
TENARIS SA  ADR                       $332,138         7,100          7,100 * 
ISHARES MSCI EAFE SMALL CAP ET        $325,017         6,700          6,700 * 
MEADOWBROOK INSURANCE GROUP IN        $325,000        50,000         50,000 * 
AMBEV SA  SPONSORED ADR               $322,140         8,400          8,400 * 
CHINA UNICOM HONG KONG LTD  AD        $300,690        19,500         19,500 * 
SOUTHERN COPPER CORP  COM             $296,916        10,900         10,900 * 
ISHARES MSCI ITALY CAPPED ETF         $283,812        20,100         20,100 * 
BHP BILLITON LTD  ADR                 $266,000         4,000          4,000 * 
ISHARES MSCI SOUTH AFRICA ETF         $265,566         4,200          4,200 * 
BRASILEIRA DIST PAO ACUCAR  AD        $262,314         5,700          5,700 * 
ISHARES MSCI JAPAN ETF                $258,664        21,700         21,700 * 
WIPRO LTD  ADR                        $258,552        25,200         25,200 * 
VIMPELCOM LTD  ADR                    $249,100        21,200         21,200 * 
ISHARES MSCI SOUTH KOREA CAPPE        $239,850         3,900      (146,100) 
SASOL LTD  ADR                        $238,950         5,000          5,000 * 
ISHARES MSCI THAILAND CAPPED E        $238,592         3,200          3,200 * 
NICE SYSTEMS LTD  ADR                 $235,809         5,700        (1,300) 
VALE SA  ADR PFD                      $176,204        12,400         12,400 * 
DOW CHEMICAL CO  COM                        $0             0      (202,273) 
UNITED PARCEL SERVICE INC  CL               $0             0       (65,000) 
EX ONE CO  COM                              $0             0       (15,000) 
AMDOCS LTD  COM                             $0             0       (40,600) 
FLEXTRONICS INTERNATIONAL LTD               $0             0      (107,300) 
MARTIN MARIETTA MATERIALS INC               $0             0       (64,990) 
PARKER HANNIFIN CORP  COM                   $0             0       (75,710) 
PROTO LABS INC  COM                         $0             0       (10,000) 
QUIKSILVER INC  COM                         $0             0      (500,000) 
RELIANCE STEEL & ALUMINUM CO                $0             0      (104,252) 
FINANCIAL SELECT SECTOR SPDR F              $0             0    (4,169,633) 
SEMGROUP CORP  CL A                         $0             0       (50,000) 
SUNTRUST BANKS INC  COM                     $0             0       (50,000) 
CREE INC  COM                               $0             0       (10,000) 
DELTA AIR LINES INC  COM                    $0             0      (383,106) 
US AIRWAYS GROUP INC  COM                   $0             0      (433,595) 
UNITED MICROELECTRONICS  ADR                $0             0      (104,600) 
EMBRAER SA  ADR                             $0             0       (32,100) 
51JOB INC  ADR                              $0             0        (7,000) 
FLOWSERVE CORP  COM                         $0             0      (130,248) 
HOWARD HUGHES CORP  COM                     $0             0      (133,000) 
JA SOLAR HOLDINGS CO LTD  ADR               $0             0       (10,000) 
LIBERTY INTERACTIVE  VENTURES               $0             0      (132,197) 
MARRIOTT INTERNATIONAL INC  CL              $0             0       (59,062) 
MERCK & CO INC  COM                         $0             0        (5,000) 
PACCAR INC  COM                             $0             0       (94,260) 
POWERSHARES KBW BANK PORTFOLIO              $0             0       (95,000) 
QLIK TECHNOLOGIES INC  COM                  $0             0      (210,000) 
SPDR S&P 500 ETF TRUST  UNIT S              $0             0       (62,000) 
HENRY SCHEIN INC  COM                       $0             0       (14,033) 
BUFFALO WILD WINGS INC  COM                 $0             0       (53,601) 
CEMEX SAB  ADR REP 10 PC 2A/1B              $0             0    (1,147,260) 
TEVA PHARMACEUTICAL INDUSTRIES              $0             0       (62,300) 
COVANCE INC  COM                            $0             0       (15,000) 
US BANCORP/DE  COM                          $0             0      (150,000) 
UNITED CONTINENTAL HOLDINGS IN              $0             0      (205,489) 
EBAY INC  COM                               $0             0       (36,500) 
WATSCO INC  COM                             $0             0       (80,132) 
W W GRAINGER INC  COM                       $0             0       (27,604) 
YINGLI GREEN ENERGY HOLDING CO              $0             0       (63,300) 
INGERSOLL RAND PLC  ORD                     $0             0      (127,702) 
ISHARES MSCI EMERGING MARKETS               $0             0      (521,900) 
KANSAS CITY SOUTHERN  COM                   $0             0       (63,449) 
LOUISIANA PACIFIC CORP  COM                 $0             0      (374,061) 
ALBEMARLE CORP  COM                         $0             0      (111,890) 
SILICONWARE PRECISION INDS  AD              $0             0       (51,487) 
CVS CAREMARK CORP  COM                      $0             0       (45,000) 
STARWOOD PROPERTY TRUST INC  C              $0             0       (75,000) 
COOPER COMPANIES INC  COM                   $0             0       (59,479) 
TIMKEN CO  COM                              $0             0      (252,354) 
DISCOVER FINANCIAL SERVICES  C              $0             0       (25,000) 
EAGLE MATERIALS INC  COM                    $0             0       (99,763) 
UNITED RENTALS INC  COM                     $0             0      (756,819) 
FIRST NIAGARA FINANCIAL GROUP               $0             0      (153,848) 
GOOGLE INC  CL A                            $0             0       (11,441) 
YPF SA  ADR D                               $0             0       (26,600) 
EATON CORP PLC  COM                         $0             0      (112,694) 

* New holding 13F data provided by: FactSet Research Systems Inc.; Please send questions to lionsharesinfo@factset.com. Copyright, FactSet Research Systems, 2013. All Rights Reserved.