IPG Investment Advisors 13F-HR Quarterly holdings report by institutional manager

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
Expires:	Oct 31, 2018
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
ACACIA COMMUNICATIONS INC COM	COM	00401C108	556,890	9,500	SH		SOLE		9,500	0	9,500
ACTIVISION BLIZZARD INC COM	COM	00507V109	228,359	4,580	SH		SOLE		4,580	0	4,580
ADOBE SYS INC COM	COM	00724F101	215,365	1,655	SH		SOLE		1,655	0	1,655
AEGON N V ORD AMER REG	NY REGISTRY SH	007924103	123,890	24,150	SH		SOLE		24,150	0	24,150
AGNC INVT CORP COM	COM	00123Q104	846,717	42,570	SH		SOLE		42,570	0	42,570
AIR TRANS SVCS GROUP INC COM	COM	00922R105	13,118,789	817,370	SH		SOLE		817,370	0	817,370
ALIBABA GROUP HLDG LTD SPONSORED ADS	SPONSORED ADS	01609W102	459,930	4,265	SH		SOLE		4,265	0	4,265
ALPHABET INC CAP STK CL A	CAP STK CL A	02079K305	1,289,504	1,521	SH		SOLE		1,521	0	1,521
ALPHABET INC CAP STK CL C	CAP STK CL C	02079K107	489,440	590	SH		SOLE		590	0	590
AMAZON COM INC	COM	023135106	4,259,825	4,805	SH		SOLE		4,805	0	4,805
AMERICAN AIRLS GROUP INC COM	COM	02376R102	305,829	7,230	SH		SOLE		7,230	0	7,230
APPLE INC COM	COM	037833100	19,719,347	137,264	SH		SOLE		137,264	0	137,264
AT&T INC COM	COM	00206R102	610,199	14,686	SH		SOLE		14,686	0	14,686
AVIANCA HLDGS SA SPONS ADR	SPON ADR REP PFD	05367G100	375,477	48,700	SH		SOLE		48,700	0	48,700
BANCO BILBAO VIZCAYA ARGENTARIA SA APONSORED ADR	SPONSORED ADR	05946K101	1,511,738	198,652	SH		SOLE		198,652	0	198,652
BANCO SANTANDER SA ADR	ADR	05964H105	250,794	41,317	SH		SOLE		41,317	0	41,317
BANK AMER CORP COM	COM	060505104	2,225,890	94,357	SH		SOLE		94,357	0	94,357
BARCLAYS BANK PLC ADR PFD SR 5	ADR PFD SR 5	06739H362	615,985	23,820	SH		SOLE		23,820	0	23,820
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	1,344,441	8,066	SH		SOLE		8,066	0	8,066
BP PLC SPONS ADR	SPONSORED ADR	055622104	219,202	6,350	SH		SOLE		6,350	0	6,350
BROOKS AUTOMATION INC NEW COM	COM	114340102	241,920	10,800	SH		SOLE		10,800	0	10,800
CELLDEX THERAPEUTICS INC NEW COM	COM	15117B103	72,200	20,000	SH		SOLE		20,000	0	20,000
CEMEX S A B DE C V SPONSOR ADR NEW	SPON ADR NEW	151290889	2,403,360	264,979	SH		SOLE		264,979	0	264,979
CENTRAL FD CDA LTD CL A	CL A	153501101	1,240,990	96,500	SH		SOLE		96,500	0	96,500
CITIGROUP INC COM NEW	COM NEW	172967424	1,104,098	18,457	SH		SOLE		18,457	0	18,457
COCA COLA COMPANY	COM	191216100	381,960	9,000	SH		SOLE		9,000	0	9,000
CONOCOPHILLIPS COM	COM	20825C104	203,519	4,081	SH		SOLE		4,081	0	4,081
CONSTELLIUM NV CL A	CL A	001048952	181,987	27,998	SH		SOLE		27,998	0	27,998
CORBUS PHARMACEUTICALS HLDGS INC COM	COM	21833P103	109,313	13,250	SH		SOLE		13,250	0	13,250
CURENCYSHARES EURO TR EURO SHS	EURO SHS	23130C108	206,820	2,000	SH		SOLE		2,000	0	2,000
CVS HEALTH CORP COM	COM	126650100	302,853	3,858	SH		SOLE		3,858	0	3,858
DELTA AIRLINES INC COM NEW	COM NEW	247361702	206,820	4,500	SH		SOLE		4,500	0	4,500
DISNEY WALT CO DISNEY COM	COM DISNEY	254687106	1,122,965	9,904	SH		SOLE		9,904	0	9,904
DOUBLELINE INCOME SOLUTIONS FD COM	COM	258622109	241,001	12,008	SH		SOLE		12,008	0	12,008
EMBRAER S A SPONSORED ADR	SP ADR REP 4 COM	29082A107	5,605,670	253,880	SH		SOLE		253,880	0	253,880
ERICSSON L M TEL CO ADR CL B SEK 10 NEW	ADR B SEK 10	294821608	5,077,840	764,735	SH		SOLE		764,735	0	764,735
ETFS GOLD TR SH	SHS	26922Y105	551,081	4,551	SH		SOLE		4,551	0	4,551
EVOLENT HEALTH INC CL A	CL A	30050B101	206,275	9,250	SH		SOLE		9,250	0	9,250
FACEBOOK INC CL A	CL A	30303M102	3,092,144	21,768	SH		SOLE		21,768	0	21,768
FIREEYE INC COM	COM	31816Q101	378,300	30,000	SH		SOLE		30,000	0	30,000
FLUOR CORP NEW COM	COM	343412102	3,480,024	66,135	SH		SOLE		66,135	0	66,135
FREEPORT-MCMORAN INC CL B	CL B	35671D857	218,075	16,323	SH		SOLE		16,323	0	16,323
FULL HOUSE RESORTS INC COM	COM	359678109	51,385	21,146	SH		SOLE		21,146	0	21,146
GENERAL ELECTRIC CO COM	COM	369604103	481,538	16,159	SH		SOLE		16,159	0	16,159
GENERAL MTRS CO COM	COM	37045V100	885,273	25,036	SH		SOLE		25,036	0	25,036
GERDAU S A SPONSORED ADR	SPON ADR REP PFD	373737105	196,650	57,000	SH		SOLE		57,000	0	57,000
GILEAD SCIENCES INC	COM	375558103	1,207,142	17,773	SH		SOLE		17,773	0	17,773
GLAXOSMITHKLINE PLC SPONS ADR	SPONSORED ADR	37733W105	363,419	8,620	SH		SOLE		8,620	0	8,620
GOLDMAN SACHS GROUP INC COM	COM	38141G104	392,821	1,710	SH		SOLE		1,710	0	1,710
HASBRO INC	COM	418056107	399,280	4,000	SH		SOLE		4,000	0	4,000
HCA HOLDINGS INC	COM	40412C101	444,950	5,000	SH		SOLE		5,000	0	5,000
HOME DEPOT INC COM	COM	437076102	359,734	2,450	SH		SOLE		2,450	0	2,450
INTEL CORP COM	COM	458140100	521,825	14,467	SH		SOLE		14,467	0	14,467
INTUIT INCORPORATED COM	COM	461202103	321,872	2,775	SH		SOLE		2,775	0	2,775
ISHARES INC EDGE MSCI MINIMUM VOLATILITY EMERGING MARKETS ETF	MI VOL EMRG MKT	464286533	237,319	4,436	SH		SOLE		4,436	0	4,436
ISHARES INC MSCI MALAYSIA ETF NEW	MSCI MLY ETF NEW	46434G814	951,860	31,229	SH		SOLE		31,229	0	31,229
ISHARES INC MSCI MEXICO CAPPED ETF	MSCI MEX CAP ETF	464286822	752,711	14,710	SH		SOLE		14,710	0	14,710
ISHARES SILVER TR ISHARES	ISHARES	46428Q109	330,683	19,170	SH		SOLE		19,170	0	19,170
ISHARES TR 1-3 YR TREAS BD ETF	1-3 YR TR BD ETF	464287457	219,752	2,600	SH		SOLE		2,600	0	2,600
ISHARES TR 3-7 YR TREAS BD ETF	3-7 YR TR BD ETF	464288661	1,071,569	8,708	SH		SOLE		8,708	0	8,708
ISHARES TR EUROPE ETF	EUROPE ETF	464287861	265,748	6,350	SH		SOLE		6,350	0	6,350
ISHARES TR GLOBAL ENERGY ETF	GLOBAL ENERG ETF	464287341	309,590	9,325	SH		SOLE		9,325	0	9,325
ISHARES TR IBOXX $ HIGH YIELD CORP BD ETF	IBOXX HI YD ETF	464288513	271,240	3,090	SH		SOLE		3,090	0	3,090
ISHARES TR IBOXX USD INVT GRADE CORP BD ETF	IBOXX INV CP ETF	464287242	330,738	2,805	SH		SOLE		2,805	0	2,805
ISHARES TR MTG RUSSIA CAPPED ETF NEW	MSCI RUS ETF NEW	46434G798	361,960	11,269	SH		SOLE		11,269	0	11,269
ISHARES TR RUSSELL 2000 ETF	RUSSELL 2000 ETF	464287655	584,977	4,255	SH		SOLE		4,255	0	4,255
ISHARES TR RUSSELL TOP 200 GROWTH ETF	RUS P200 VL ETF	464289438	369,180	6,000	SH		SOLE		6,000	0	6,000
ISHARES TR U S HEALTHCARE ETF	US HLTHCARE ETF	464287762	270,918	1,740	SH		SOLE		1,740	0	1,740
ISHARES TR US FINANCIALS ETF INDEX FD	U.S FINLS ETF	464287788	989,516	9,510	SH		SOLE		9,510	0	9,510
JOHNSON & JOHNSON COM	COM	478160104	305,148	2,450	SH		SOLE		2,450	0	2,450
JP MORGAN CHASE & CO COM	COM	46625H100	582,994	6,637	SH		SOLE		6,637	0	6,637
LOCKHEED MARTIN CORP COM	COM	539830109	1,439,688	5,380	SH		SOLE		5,380	0	5,380
LULULEMON ATHLETICA INC COM	COM	550021109	311,220	6,000	SH		SOLE		6,000	0	6,000
MAGNA INTERNATIONAL INC COM	COM	559222401	14,075,339	326,120	SH		SOLE		326,120	0	326,120
MATINAS BIOPHARMA HLDGS INC COM	COM	576810105	95,565	34,500	SH		SOLE		34,500	0	34,500
MEDNAX INC COM	COM	58502B106	7,533,627	108,585	SH		SOLE		108,585	0	108,585
MICRON TECHNOLOGY INC COM	COM	595112103	853,446	29,531	SH		SOLE		29,531	0	29,531
MICROSOFT CORP COM	COM	594918104	1,093,294	16,600	SH		SOLE		16,600	0	16,600
MORGAN STANLEY COM NEW	COM	617446448	548,352	12,800	SH		SOLE		12,800	0	12,800
NETFLIX INC COM	COM	64110L106	338,485	2,290	SH		SOLE		2,290	0	2,290
NOKIA CORP SPONSORED ADR	SPONSORED ADR	654902204	5,275,986	973,430	SH		SOLE		973,430	0	973,430
NOVARTIS AG SPONSORED ADR	SPONSORED ADR	66987V109	222,810	3,000	SH		SOLE		3,000	0	3,000
NUTANIX INC COM	CL A	67059N108	225,240	12,000	SH		SOLE		12,000	0	12,000
NUVEEN DIVID ADVANTAGE MUN FD COM	COM	67066V101	218,588	15,967	SH		SOLE		15,967	0	15,967
NVR INC	COM	62944T105	5,726,500	2,718	SH		SOLE		2,718	0	2,718
OCERA THERAPEUTICS INC COM	COM	67552A108	19,650	15,000	SH		SOLE		15,000	0	15,000
PACWEST BANCORP DEL COM	COM	695263103	508,047	9,539	SH		SOLE		9,539	0	9,539
PANDORA MEDIA INC COM	COM	698354107	567,471	48,050	SH		SOLE		48,050	0	48,050
PARKER HANNIFIN CORP COM	COM	701094104	217,234	1,355	SH		SOLE		1,355	0	1,355
PETROLEO BRASILEIRO SA PETROBRAS SPONSORED ADR	SPONSORED ADR	71654V408	13,987,709	1,443,520	SH		SOLE		1,443,520	0	1,443,520
POWERSHARES DB U S DLR INDEX TR POWERSHARES DV	DOLL INDX BULL	73936D107	3,931,892	151,518	SH		SOLE		151,518	0	151,518
POWERSHARES QQQ TR UNIT SER 1	UNIT SER 1	73935A104	4,289,112	32,400	SH		SOLE		32,400	0	32,400
PRICELINE GRP INC COM NEW	COM NEW	741503403	420,073	236	SH		SOLE		236	0	236
PROSHARES TR PROSHARES ULTRA QQQ	PSHS ULT NASB	74347R206	896,157	8,355	SH		SOLE		8,355	0	8,355
PROSHARES TR PROSHARES ULTRASHORT 20 YR TREAS NEW	PSHS ULTSH 20YRS	74347B201	1,399,171	35,757	SH		SOLE		35,757	0	35,757
PROSPECT CAP CORP SR NT CONV	NOTE 5.750% 3/1	74348TAL6	61,425	60,000	SH		SOLE		60,000	0	60,000
PULTEGROUP INC COM	COM	745867101	1,034,316	43,920	SH		SOLE		43,920	0	43,920
QUALCOMM INC	COM	747525103	328,272	5,725	SH		SOLE		5,725	0	5,725
RALPH LAUREN CORP CL A	CL A	751212101	326,480	4,000	SH		SOLE		4,000	0	4,000
RANGE RES CORP COM	COM	75281A109	439,410	15,100	SH		SOLE		15,100	0	15,100
ROYAL BK SCOTLAND GROUP PLC SPON ADR SER L	SP ADR L RP PF	780097788	1,953,427	77,950	SH		SOLE		77,950	0	77,950
SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY	SBI CONS DISCR	81369Y407	790,671	8,990	SH		SOLE		8,990	0	8,990
SELECT SECTOR SPDR TR ENERGY	SBI INT-ENERGY	81369Y506	571,550	8,177	SH		SOLE		8,177	0	8,177
SELECT SECTOR SPDR TR FINANCIAL	SBI INT-FINL	81369Y605	1,342,169	56,560	SH		SOLE		56,560	0	56,560
SELECT SECTOR SPDR TR INDL	SBI INT-INDS	81369Y704	362,384	5,570	SH		SOLE		5,570	0	5,570
SELECT SECTOR SPDR TR MATLS	SBI MATERIALS	81369Y100	617,390	11,780	SH		SOLE		11,780	0	11,780
SKYWORKS SOLUTIONS INC COM	COM	83088M102	489,900	5,000	SH		SOLE		5,000	0	5,000
SNAP INC CL A	CL A ADDED	83304A106	554,129	24,570	SH		SOLE		24,570	0	24,570
SPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1	UT SER 1	78467X109	325,398	1,577	SH		SOLE		1,577	0	1,577
SPDR GOLD TR GOLD SHS	GOLD SHS	78463V107	3,460,332	29,147	SH		SOLE		29,147	0	29,147
SPDR INDEX SHS FDS EURO STOXX 50 ETF	EURO STOXX 50	78463X202	590,869	16,255	SH		SOLE		16,255	0	16,255
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	3,746,097	15,891	SH		SOLE		15,891	0	15,891
SPDR SER TR S&P METALS & MNG ETF	S&P METALS MNG	78464A755	298,116	9,800	SH		SOLE		9,800	0	9,800
STARBUCKS CORP COM	COM	855244109	519,554	8,898	SH		SOLE		8,898	0	8,898
SUNRUN INC COM	COM	86771W105	163,161	30,215	SH		SOLE		30,215	0	30,215
SYNTEL INC COM	COM	87162H103	8,877,236	527,465	SH		SOLE		527,465	0	527,465
TAILORED BRANDS INC COM SHS	COM	87403A107	17,532,658	1,173,538	SH		SOLE		1,173,538	0	1,173,538
TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR	SPONSORED ADR	874039100	5,544,377	168,830	SH		SOLE		168,830	0	168,830
TESLA MTRS INC COM	COM	88160R101	5,818,140	20,906	SH		SOLE		20,906	0	20,906
TEXTRON INC COM	COM	883203101	1,161,196	24,400	SH		SOLE		24,400	0	24,400
TRIPADVISOR INC COM	COM	896945201	927,077	21,480	SH		SOLE		21,480	0	21,480
UNILEVER PLC SPON ADR NEW	SPON ADR NEW	904767704	432,564	8,767	SH		SOLE		8,767	0	8,767
UNITED STS STL CORP NEW COM	COM	912909108	1,830,473	54,140	SH		SOLE		54,140	0	54,140
VALE S A ADR	ADR	91912E105	331,018	34,844	SH		SOLE		34,844	0	34,844
VANGUARD SCOTTSDALE FDS VANGUARD SHORTTERM GOVERNMENT BOND	SHTRM GVT BD ETF	92206C102	213,373	3,510	SH		SOLE		3,510	0	3,510
VISA INC COM CL A	COM CL A	92826C839	780,893	8,787	SH		SOLE		8,787	0	8,787
VIVINT SOLAR INC COM	COM	92854Q106	112,000	40,000	SH		SOLE		40,000	0	40,000
WAL MART STORES INC COM	COM	931142103	345,624	4,795	SH		SOLE		4,795	0	4,795
WALGREENS BOOTS ALLIANCE INC COM	COM	931427108	4,277,906	51,510	SH		SOLE		51,510	0	51,510
WELLS FARGO & CO NEW COM	COM	949746101	432,850	7,777	SH		SOLE		7,777	0	7,777
WISDOMTREE TR EUROPE HEDGED EQUITY FD	EUROPE HEDGE EQ	97717X701	655,611	10,438	SH		SOLE		10,438	0	10,438
WISDOMTREE TR JAPAN HEDGED EQUITY FD	JAPN HEDGE EQT	97717W851	1,137,178	22,465	SH		SOLE		22,465	0	22,465