BAILARD, INC. - Synapzer

#	Name	Shares	Value ($)	%
151	SIMON PPTY GROUP INC NEW	2,662	485	0.07%
152	GOLD FIELDS LTD NEW	105,000	476	0.07%
153	SPIRIT RLTY CAP INC NEW	40,000	476	0.07%
154	PFIZER INC	14,962	466	0.07%
155	BERKSHIRE HATHAWAY INC DEL	2	452	0.06%
156	ENTEROMEDICS INC	317,700	451	0.06%
157	SESA STERLITE LTD	32,060	435	0.06%
158	VANGUARD TAX-MANAGED FDS	11,361	430	0.06%
159	DOUGLAS EMMETT INC COM	15,000	426	0.06%
160	CARDINAL HEALTH INC	5,274	426	0.06%
161	ISHARES TR	10,585	416	0.06%
162	MCDONALDS CORP	4,359	408	0.06%
163	TELECOM ARGENTINA	21,000	406	0.06%
164	PENN ENTERTAINMENT INC COM	29,000	398	0.06%
165	AMERICAN TOWER CORP NEW	4,000	395	0.06%
166	WAL-MART STORES INC	4,412	379	0.05%
167	SPDR MSCI ACWI EX-US	11,252	376	0.05%
168	UNITED PARCEL SERVICE INC	3,350	372	0.05%
169	SPDR SER TR	12,855	372	0.05%
170	VONAGE HLDGS CORP	96,500	368	0.05%
171	PEPSICO INC	3,798	359	0.05%
172	ENDOCYTE INC	56,000	352	0.05%
173	SELECT SECTOR SPDR TR	7,263	352	0.05%
174	AVALONBAY COMM	2,145	350	0.05%
175	Allergan plc	1,601	340	0.05%
176	SPDR GOLD TR	2,981	339	0.05%
177	ABBOTT LABS	7,522	339	0.05%
178	SPDR S&P MIDCAP 400 ETF TR	1,252	330	0.05%
179	MERCK & CO INC	5,806	330	0.05%
180	BARNES & NOBLE INC	14,100	327	0.05%
181	AT&T INC	9,634	324	0.05%
182	SPDR INDEX SHS FDS	6,640	322	0.05%
183	CAPITAL ONE FINL CORP	3,797	313	0.04%
184	EARTHLINK HOLDINGS ORD	69,155	304	0.04%
185	ISHARES TR	2,500	299	0.04%
186	DDR CORP	16,100	296	0.04%
187	SWIFT TRANSN CO	10,325	296	0.04%
188	INSIGHT ENTERPRISES INC	11,400	295	0.04%
189	ISHARES INC	18,000	292	0.04%
190	ISHARES MSCI ETF IRELAND CAPPD INVESTABLE	8,400	289	0.04%
191	ISHARES TR	9,000	288	0.04%
192	ISHARES TR	9,500	284	0.04%
193	ISHARES TR	6,000	282	0.04%
194	UNIFI INC COM NEW	9,500	282	0.04%
195	ISHARES MSCI ISRAEL CAPPED ETF	6,000	281	0.04%
196	ALEX REAL ESTATE EQ	3,160	280	0.04%
197	SELECT SECTOR SPDR TR	3,876	280	0.04%
198	ISHARES TR	1,739	278	0.04%
199	HOME DEPOT INC	2,600	273	0.04%
200	GAP	6,440	271	0.04%

#	Name	Shares	Value ($)	%
1	DR REDDYS LABS LTD	15,000	757	51.25%
2	CREDICORP LTD	3,000	481	32.57%
3	COMPANIA DE MINAS BUENAVENTU	25,000	239	16.18%

#	Name	Shares	Value ($)	%
1	3M CO	5,230	859	0.12%
2	ABBOTT LABS	7,522	339	0.05%
3	ACCENTURE PLC IRELAND	13,950	1,246	0.18%
4	ACHILLION PHARMACEUTICALS IN	41,100	503	0.07%
5	ADVANCED SEMICONDUCTOR ENGR SPONSORED ADR	360,200	2,209	0.31%
6	AECOM	57,765	1,754	0.25%
7	ALASKA AIR GROUP INC	54,877	3,279	0.46%
8	ALEX REAL ESTATE EQ	3,160	280	0.04%
9	ALLEGION PUB LTD CO	4,325	240	0.03%
10	ALLSTATE CORP	39,760	2,793	0.40%
11	AMAZON COM INC	855	265	0.04%
12	AMERICAN ASSETS TR INC COM	15,000	597	0.08%
13	AMERICAN EXPRESS CO	22,979	2,138	0.30%
14	AMERICAN TOWER CORP NEW	4,000	395	0.06%
15	AMGEN INC	4,974	792	0.11%
16	ANTHEM INC	18,552	2,331	0.33%
17	APPLE INC	79,868	8,816	1.25%
18	ARRAY BIOPHARMA INC	105,000	497	0.07%
19	AT&T INC	9,634	324	0.05%
20	AU OPTRONICS CORP	120,200	612	0.09%
21	AUTOMATIC DATA PROCESSING IN	7,389	616	0.09%
22	AUTOZONE INC	3,681	2,279	0.32%
23	AVALONBAY COMM	2,145	350	0.05%
24	Allergan plc	1,601	340	0.05%
25	BANCO MACRO SA	30,040	1,313	0.19%
26	BANK AMER CORP	14,548	260	0.04%
27	BARNES & NOBLE INC	14,100	327	0.05%
28	BERKSHIRE HATHAWAY INC DEL	3,383	508	0.07%
29	BERKSHIRE HATHAWAY INC DEL	2	452	0.06%
30	BIODELIVERY SCIENCES INTL IN	232,000	2,789	0.39%
31	BOSTON PROPERTIES INC	1,575	203	0.03%
32	BRISTOL MYERS SQUIBB CO	26,052	1,538	0.22%
33	BT GROUP PLC	55,174	3,420	0.48%
34	CAMDEN PROPERTY TRUS	10,100	746	0.11%
35	CAPITAL ONE FINL CORP	3,797	313	0.04%
36	CARDINAL HEALTH INC	5,274	426	0.06%
37	CBL & ASSOC PPTYS INC	40,100	779	0.11%
38	CELANESE CORP DEL	30,683	1,840	0.26%
39	CHEVRON CORP NEW	28,062	3,148	0.45%
40	CISCO SYS INC	92,220	2,565	0.36%
41	CONOCOPHILLIPS	13,146	908	0.13%
42	COUSINS PROPERTIES INC	20,000	228	0.03%
43	DDR CORP	16,100	296	0.04%
44	DELUXE CORP COM	45,220	2,815	0.40%
45	DIGITAL RLTY TR INC	11,900	789	0.11%
46	DISCOVER FINL SVCS	29,618	1,940	0.27%
47	DISH NETWORK A	28,640	2,088	0.30%
48	DOUGLAS EMMETT INC COM	15,000	426	0.06%
49	DOW CHEM CO	10,770	491	0.07%
50	DR REDDYS LABS LTD	15,020	758	0.11%