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
3M CO COM 88579Y101 282 1,480 SH   SOLE   1,480 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 426 3,020 SH   SOLE   3,020 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 909 72,000 SH   SOLE   72,000 0 0
ALEXANDRIA REAL ESTATE EQ IN COM 015271109 1,130 9,800 SH   SOLE   9,800 0 0
ALLERGAN PLC SHS G0177J108 487 3,640 SH   SOLE   3,640 0 0
ALLIANCE DATA SYSTEMS CORP COM 018581108 511 3,400 SH   SOLE   3,400 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 1,112 60,000 SH   SOLE   60,000 0 0
ALPHABET INC CAP STK CL A 02079K305 5,340 5,110 SH   SOLE   5,110 0 0
ALPHABET INC CAP STK CL C 02079K107 425 410 SH   SOLE   410 0 0
ALTRIA GROUP INC COM 02209S103 319 6,460 SH   SOLE   6,460 0 0
AMAZON COM INC COM 023135106 61,254 40,782 SH   SOLE   40,782 0 0
AMC NETWORKS INC CL A 00164V103 364 6,640 SH   SOLE   6,640 0 0
AMERICAN TOWER CORP NEW COM 03027X100 1,170 7,400 SH   SOLE   7,400 0 0
AMETEK INC NEW COM 031100100 457 6,750 SH   SOLE   6,750 0 0
APARTMENT INVT & MGMT CO CL A 03748R101 1,149 26,200 SH   SOLE   26,200 0 0
APPLE INC COM 037833100 323 2,050 SH   SOLE   2,050 0 0
APPLIED MATLS INC COM 038222105 511 15,600 SH   SOLE   15,600 0 0
AUDENTES THERAPEUTICS INC COM 05070R104 10,710 502,339 SH   SOLE   502,339 0 0
AUTOZONE INC COM 053332102 293 350 SH   SOLE   350 0 0
AVALONBAY CMNTYS INC COM 053484101 599 3,440 SH   SOLE   3,440 0 0
BARCLAYS BK PLC ETN+ SEL MLP 06742C723 3,369 190,000 SH   SOLE   190,000 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 149,521 732,300 SH   SOLE   732,300 0 0
BIOGEN INC COM 09062X103 328 1,090 SH   SOLE   1,090 0 0
BLACKBAUD INC COM 09227Q100 491 7,800 SH   SOLE   7,800 0 0
BRIXMOR PPTY GROUP INC COM 11120U105 1,094 74,500 SH   SOLE   74,500 0 0
CARDINAL HEALTH INC COM 14149Y108 477 10,700 SH   SOLE   10,700 0 0
CATERPILLAR INC DEL COM 149123101 508 4,000 SH   SOLE   4,000 0 0
CELGENE CORP COM 151020104 358 5,590 SH   SOLE   5,590 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 254 890 SH   SOLE   890 0 0
CLOROX CO DEL COM 189054109 267 1,730 SH   SOLE   1,730 0 0
COMPASS MINERALS INTL INC COM 20451N101 492 11,800 SH   SOLE   11,800 0 0
CORESITE RLTY CORP COM 21870Q105 1,107 12,690 SH   SOLE   12,690 0 0
CORNERSTONE ONDEMAND INC COM 21925Y103 307 6,080 SH   SOLE   6,080 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,079 51,300 SH   SOLE   51,300 0 0
COUSINS PPTYS INC COM 222795106 1,173 148,600 SH   SOLE   148,600 0 0
CREDIT ACCEP CORP MICH COM 225310101 12,571 32,930 SH   SOLE   32,930 0 0
CUBESMART COM 229663109 1,108 38,600 SH   SOLE   38,600 0 0
DBX ETF TR XTRACK HRVST CSI 233051879 732 33,400 SH   SOLE   33,400 0 0
DISCOVERY INC COM SER A 25470F104 314 12,690 SH   SOLE   12,690 0 0
DISNEY WALT CO COM DISNEY 254687106 356 3,250 SH   SOLE   3,250 0 0
DUKE REALTY CORP COM NEW 264411505 1,127 43,500 SH   SOLE   43,500 0 0
ELLINGTON FINANCIAL LLC COM 288522303 460 30,000 SH   SOLE   30,000 0 0
EMPIRE ST RLTY TR INC CL A 292104106 1,093 76,800 SH   SOLE   76,800 0 0
EQUIFAX INC COM 294429105 484 5,200 SH   SOLE   5,200 0 0
EQUINIX INC COM PAR $0.001 29444U700 1,094 3,100 SH   SOLE   3,100 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 588 8,900 SH   SOLE   8,900 0 0
EXPEDIA GROUP INC COM NEW 30212P303 257 2,280 SH   SOLE   2,280 0 0
F5 NETWORKS INC COM 315616102 313 1,930 SH   SOLE   1,930 0 0
FACEBOOK INC CL A 30303M102 6,905 52,670 SH   SOLE   52,670 0 0
FASTENAL CO COM 311900104 274 5,250 SH   SOLE   5,250 0 0
FEDERAL REALTY INVT TR SH BEN INT NEW 313747206 1,085 9,200 SH   SOLE   9,200 0 0
GCI LIBERTY INC COM CLASS A 36164V305 286 6,950 SH   SOLE   6,950 0 0
GENERAL MLS INC COM 370334104 483 12,400 SH   SOLE   12,400 0 0
GENPACT LIMITED SHS G3922B107 15,701 581,750 SH   SOLE   581,750 0 0
GRANITE PT MTG TR INC COM 38741L107 361 20,000 SH   SOLE   20,000 0 0
GUIDEWIRE SOFTWARE INC COM 40171V100 497 6,200 SH   SOLE   6,200 0 0
GULFPORT ENERGY CORP COM NEW 402635304 104 15,890 SH   SOLE   15,890 0 0
HCP INC COM 40414L109 1,154 41,300 SH   SOLE   41,300 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 1,099 43,460 SH   SOLE   43,460 0 0
HOME DEPOT INC COM 437076102 313 1,820 SH   SOLE   1,820 0 0
HONEYWELL INTL INC COM 438516106 273 2,070 SH   SOLE   2,070 0 0
HORMEL FOODS CORP COM 440452100 296 6,940 SH   SOLE   6,940 0 0
HOST HOTELS & RESORTS INC COM 44107P104 1,122 67,360 SH   SOLE   67,360 0 0
INTEL CORP COM 458140100 493 10,500 SH   SOLE   10,500 0 0
INVESCO DYNAMIC CR OPP FD COM 46132R104 308 30,000 SH   SOLE   30,000 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 434 30,000 SH   SOLE   30,000 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 328 29,200 SH   SOLE   29,200 0 0
INVITATION HOMES INC COM 46187W107 1,138 56,700 SH   SOLE   56,700 0 0
ISHARES INC MSCI GERMANY ETF 464286806 1,006 39,700 SH   SOLE   39,700 0 0
ISHARES INC MSCI HONG KG ETF 464286871 226 10,000 SH   SOLE   10,000 0 0
ISHARES INC MSCI ITALY ETF 46434G830 1,211 50,000 SH   SOLE   50,000 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 1,642 32,400 SH   SOLE   32,400 0 0
ISHARES INC MSCI NETHERL ETF 464286814 238 9,060 SH   SOLE   9,060 0 0
ISHARES INC MSCI STH KOR ETF 464286772 1,030 17,500 SH   SOLE   17,500 0 0
ISHARES INC MSCI SWITZERLAND 464286749 790 25,050 SH   SOLE   25,050 0 0
ISHARES TR 20 YR TR BD ETF 464287432 2,133 17,550 SH   SOLE   17,550 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 1,845 15,200 SH   SOLE   15,200 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 8,513 81,700 SH   SOLE   81,700 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 2,149 55,000 SH   SOLE   55,000 0 0
ISHARES TR MSCI CHINA ETF 46429B671 789 15,000 SH   SOLE   15,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 1,514 45,400 SH   SOLE   45,400 0 0
ISHARES TR MSCI IRELAND ETF 46429B507 929 25,100 SH   SOLE   25,100 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 2,568 87,500 SH   SOLE   87,500 0 0
ISHARES TR NASDAQ BIOTECH 464287556 353 3,660 SH   SOLE   3,660 0 0
ISHARES TR TIPS BD ETF 464287176 2,847 26,000 SH   SOLE   26,000 0 0
JBG SMITH PPTYS COM 46590V100 383 11,000 SH   SOLE   11,000 0 0
JPMORGAN CHASE & CO ALERIAN ML ETN 46625H365 1,562 70,000 SH   SOLE   70,000 0 0
KELLOGG CO COM 487836108 473 8,300 SH   SOLE   8,300 0 0
KEURIG DR PEPPER INC COM 49271V100 351 13,700 SH   SOLE   13,700 0 0
KILROY RLTY CORP COM 49427F108 1,106 17,600 SH   SOLE   17,600 0 0
KLA-TENCOR CORP COM 482480100 493 5,500 SH   SOLE   5,500 0 0
LEAR CORP COM NEW 521865204 366 2,980 SH   SOLE   2,980 0 0
LIBERTY PPTY TR SH BEN INT 531172104 1,666 39,800 SH   SOLE   39,800 0 0
LOCKHEED MARTIN CORP COM 539830109 288 1,100 SH   SOLE   1,100 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 384 4,620 SH   SOLE   4,620 0 0
MACERICH CO COM 554382101 433 10,000 SH   SOLE   10,000 0 0
MCKESSON CORP COM 58155Q103 542 4,900 SH   SOLE   4,900 0 0
MICROCHIP TECHNOLOGY INC COM 595017104 503 7,000 SH   SOLE   7,000 0 0
MOHAWK INDS INC COM 608190104 1,746 14,932 SH   OTR 1 0 0 14,932
MORGAN STANLEY CHINA A SH FD COM 617468103 730 40,000 SH   SOLE   40,000 0 0
NOBLE CORP PLC SHS USD G65431101 105 40,000 SH   SOLE   40,000 0 0
NUVEEN MARYLAND QLT MUN INC COM 67061Q107 176 15,000 SH   SOLE   15,000 0 0
NUVEEN PFD & INCM OPPORTNYS COM 67073B106 667 80,000 SH   SOLE   80,000 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 1,003 80,000 SH   SOLE   80,000 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 398 10,000 SH   SOLE   10,000 0 0
ORACLE CORP COM 68389X105 256 5,670 SH   SOLE   5,670 0 0
PACKAGING CORP AMER COM 695156109 332 3,980 SH   SOLE   3,980 0 0
POLARIS INDS INC COM 731068102 498 6,500 SH   SOLE   6,500 0 0
POST HLDGS INC COM 737446104 204 2,290 SH   SOLE   2,290 0 0
QURATE RETAIL INC COM SER A 74915M100 4,519 231,529 SH   OTR 1 0 0 231,529
QURATE RETAIL INC COM SER A 74915M100 133 6,830 SH   SOLE   6,830 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 2,024 28,368 SH   OTR 1 0 0 28,368
SABRA HEALTH CARE REIT INC COM 78573L106 1,073 65,100 SH   SOLE   65,100 0 0
SALESFORCE COM INC COM 79466L302 520 3,800 SH   SOLE   3,800 0 0
SCHWAB CHARLES CORP NEW COM 808513105 674 16,250 SH   SOLE   16,250 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 652 15,790 SH   SOLE   15,790 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 651 12,820 SH   SOLE   12,820 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 721 8,340 SH   SOLE   8,340 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 223 9,350 SH   SOLE   9,350 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 441 6,850 SH   SOLE   6,850 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 1,728 32,650 SH   SOLE   32,650 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1,093 17,630 SH   SOLE   17,630 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,109 6,600 SH   SOLE   6,600 0 0
SITE CENTERS CORP COM 82981J109 1,070 96,600 SH   SOLE   96,600 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 352 6,340 SH   SOLE   6,340 0 0
SOLAR CAP LTD COM 83413U100 672 35,000 SH   SOLE   35,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,425 20,000 SH   SOLE   20,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 6,321 190,000 SH   SOLE   190,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 36,738 147,000 SH   SOLE   147,000 0 0
SPDR SERIES TRUST OILGAS EQUIP 78464A748 505 56,000 SH   SOLE   56,000 0 0
SPDR SERIES TRUST S&P HOMEBUILD 78464A888 252 7,760 SH   SOLE   7,760 0 0
SPIRIT RLTY CAP INC NEW COM NEW 84860W300 289 8,200 SH   SOLE   8,200 0 0
STATE STR CORP COM 857477103 492 7,800 SH   SOLE   7,800 0 0
STORE CAP CORP COM 862121100 1,138 40,200 SH   SOLE   40,200 0 0
SUN CMNTYS INC COM 866674104 1,157 11,380 SH   SOLE   11,380 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 1,101 84,600 SH   SOLE   84,600 0 0
TANGER FACTORY OUTLET CTRS I COM 875465106 1,041 51,500 SH   SOLE   51,500 0 0
TEMPUR SEALY INTL INC COM 88023U101 369 8,900 SH   SOLE   8,900 0 0
TEXAS INSTRS INC COM 882508104 304 3,220 SH   SOLE   3,220 0 0
TRANSDIGM GROUP INC COM 893641100 343 1,010 SH   SOLE   1,010 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 475 9,870 SH   SOLE   9,870 0 0
TWO HBRS INVT CORP COM NEW 90187B408 257 20,000 SH   SOLE   20,000 0 0
UNITED CONTL HLDGS INC COM 910047109 540 6,460 SH   SOLE   6,460 0 0
UNITED STATES OIL FUND LP UNITS 91232N108 2,193 227,000 SH   SOLE   227,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 8,963 425,000 SH   SOLE   425,000 0 0
VANECK VECTORS ETF TR VIETNAM ETF 92189F817 295 20,000 SH   SOLE   20,000 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 2,566 32,400 SH   SOLE   32,400 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 1,655 22,200 SH   SOLE   22,200 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 4,085 110,100 SH   SOLE   110,100 0 0
VISA INC COM CL A 92826C839 8,936 67,730 SH   SOLE   67,730 0 0
WELLS FARGO CO NEW COM 949746101 679 14,710 SH   SOLE   14,710 0 0
WESCO AIRCRAFT HLDGS INC COM 950814103 91 11,500 SH   SOLE   11,500 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 2,913 62,800 SH   SOLE   62,800 0 0
ZILLOW GROUP INC CL A 98954M101 5,530 175,941 SH   SOLE   175,941 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 12,644 400,372 SH   SOLE   400,372 0 0