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
AEGON N V ORD AMER REG	NY REGISTRY SH	007924103	132,139	25,859	SH		SOLE		25,859	0	25,859
ALEXION PHARMACEUTICALS INC COM	COM	015351109	208,056	1,710	SH		SOLE		1,710	0	1,710
AMAZON COM INC	COM	023135106	3,568,048	3,686	SH		SOLE		3,686	0	3,686
APPLE INC COM	COM	037833100	19,748,568	137,124	SH		SOLE		137,124	0	137,124
BP PLC SPONS ADR	SPONSORED ADR	055622104	213,098	6,150	SH		SOLE		6,150	0	6,150
BANK AMER CORP COM	COM	060505104	1,754,166	72,307	SH		SOLE		72,307	0	72,307
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	1,403,908	8,289	SH		SOLE		8,289	0	8,289
CVS HEALTH CORP COM	COM	126650100	234,782	2,918	SH		SOLE		2,918	0	2,918
CEMEX S A B DE C V SPONSOR ADR NEW REP ORD PARTN CTF NEW FOR A & B SHS ISIN#US1512908898	SPON ADR NEW	151290889	825,352	87,617	SH		SOLE		87,617	0	87,617
CENTRAL FD CDA LTD CL A	CL A	153501101	1,174,096	95,300	SH		SOLE		95,300	0	95,300
CITIGROUP INC COM NEW ISIN#US1729674242	COM NEW	172967424	1,259,551	18,833	SH		SOLE		18,833	0	18,833
COCA COLA COMPANY	COM	191216100	383,468	8,550	SH		SOLE		8,550	0	8,550
COMPANHIA ENERGETICA DE MINAS GERAIS ADR ISIN#US2044096012	SP ADR N-V PFD	204409601	185,400	77,250	SH		SOLE		77,250	0	77,250
CORNING INC COM	COM	219350105	295,692	9,840	SH		SOLE		9,840	0	9,840
CREDIT SUISSE GROUP SPONSORED ADR	SPONSORED ADR	225401108	1,123,324	76,940	SH		SOLE		76,940	0	76,940
DELTA AIRLINES INC COM NEW	COM NEW	247361702	241,830	4,500	SH		SOLE		4,500	0	4,500
DISNEY WALT CO DISNEY COM	COM DISNEY	254687106	889,160	8,369	SH		SOLE		8,369	0	8,369
DOUBLELINE INCOME SOLUTIONS FD COM	COM	258622109	331,164	16,037	SH		SOLE		16,037	0	16,037
ERICSSON L M TEL CO ADR CL B SEK 10 NEW EXCH FOR ADR CL B SEK NEW	ADR B SEK 10	294821608	5,906,538	823,785	SH		SOLE		823,785	0	823,785
FLOTEK INDS INC DEL COM	COM	343389102	175,224	19,600	SH		SOLE		19,600	0	19,600
FLUOR CORP NEW COM	COM	343412102	3,232,297	70,605	SH		SOLE		70,605	0	70,605
FULL HOUSE RESORTS INC COM	COM	359678109	52,231	21,146	SH		SOLE		21,146	0	21,146
GENERAL ELECTRIC CO COM	COM	369604103	324,363	12,009	SH		SOLE		12,009	0	12,009
GERDAU S A SPONSORED ADR	SPON ADR REP PFD	373737105	178,425	58,500	SH		SOLE		58,500	0	58,500
GILEAD SCIENCES INC	COM	375558103	1,239,287	17,509	SH		SOLE		17,509	0	17,509
HASBRO INC -SHS	COM	418056107	446,040	4,000	SH		SOLE		4,000	0	4,000
HOME DEPOT INC COM	COM	437076102	398,073	2,595	SH		SOLE		2,595	0	2,595
ICAHN ENTERPRISES LP DEPOSITARY UNIT	DEPOSITORY UNIT	451100101	206,537	3,998	SH		SOLE		3,998	0	3,998
INTEL CORP COM	COM	458140100	494,358	14,652	SH		SOLE		14,652	0	14,652
ISHARES INC EDGE MSCI MINIMUM VOLATILITY EMERGING MARKETS ETF	MIN VOL GBL ETF	464286533	295,420	5,332	SH		SOLE		5,332	0	5,332
ISHARES INC MSCI MEXICO CAPPED ETF	MSCI MEX CAP ETF	464286822	793,457	14,710	SH		SOLE		14,710	0	14,710
ISHARES TR CORE U S AGGREGATE BD ETF	CORE US AGGBD ET	464287226	432,565	3,950	SH		SOLE		3,950	0	3,950
ISHARES TR IBOXX USD INVT GRADE CORP BD ETF	IBOXX INV CP ETF	464287242	557,961	4,630	SH		SOLE		4,630	0	4,630
ISHARES TR GLOBAL ENERGY ETF	GLOBAL ENERG ETF	464287341	289,448	9,325	SH		SOLE		9,325	0	9,325
ISHARES TR BARCLAYS 20YR TREAS BD ETF	20 YR TR BD ETF	464287432	222,088	1,775	SH		SOLE		1,775	0	1,775
ISHARES TR BARCLAYS 7 10 YR TREAS BD ETF	7 10YR TR BD ETF	464287440	511,728	4,800	SH		SOLE		4,800	0	4,800
ISHARES TR 1 3 YR TREAS BD ETF	1 3 YR TR BD ETF	464287457	388,654	4,600	SH		SOLE		4,600	0	4,600
ISHARES TR U S HEALTHCARE ETF	US HLTHCARE ETF	464287762	214,475	1,290	SH		SOLE		1,290	0	1,290
ISHARES TR US FINANCIALS ETF INDEX FD	US FINLS ETF	464287788	653,184	6,075	SH		SOLE		6,075	0	6,075
ISHARES TR EUROPE ETF	EUROPE ETF	464287861	281,432	6,350	SH		SOLE		6,350	0	6,350
ISHARES TR IBOXX HIGH YIELD CORP BD ETF	IBOXX HI YD ETF	464288513	376,983	4,265	SH		SOLE		4,265	0	4,265
ISHARES TR INTERMEDIATE CR BD ETF	INTERM CR BD ETF	464288638	329,340	3,000	SH		SOLE		3,000	0	3,000
ISHARES TR 3-7 YR TREAS BD ETF	3-7 YR TR BD ETF	464288661	988,306	7,998	SH		SOLE		7,998	0	7,998
ISHARES TR RUSSELL TOP 200 GROWTH ETF	RUS TP200 GR ETF	464289438	386,880	6,000	SH		SOLE		6,000	0	6,000
JOHNSON & JOHNSON COM	COM	478160104	238,122	1,800	SH		SOLE		1,800	0	1,800
LOCKHEED MARTIN CORP COM	COM	539830109	1,386,384	4,994	SH		SOLE		4,994	0	4,994
M D C HLDGS INC FORMERLY M D C CORP COLO TO 6/20/85 COM	COM	552676108	217,456	6,155	SH		SOLE		6,155	0	6,155
MGM RESORT INT -SHS 18.10.2016	COM	552953101	218,717	6,990	SH		SOLE		6,990	0	6,990
MAGNA INTERNATIONAL INC COM ISIN#CA5592224011	COM	559222401	15,893,738	343,055	SH		SOLE		343,055	0	343,055
MATINAS BIOPHARMA HLDGS INC COM	COM	576810105	66,755	39,500	SH		SOLE		39,500	0	39,500
MICROSOFT CORP COM	COM	594918104	1,170,348	16,979	SH		SOLE		16,979	0	16,979
MICRON TECHNOLOGY INC COM	COM	595112103	815,417	27,308	SH		SOLE		27,308	0	27,308
NOKIA CORP SPONSORED ADR	SPONSORED ADR	654902204	6,340,732	1,029,340	SH		SOLE		1,029,340	0	1,029,340
OI S A SPONSORED ADR NEW 2016	SPONSORED ADR NE	670851500	62,864	10,408	SH		SOLE		10,408	0	10,408
PACWEST BANCORP DEL COM	COM	695263103	445,471	9,539	SH		SOLE		9,539	0	9,539
PALO ALTO NETWORKS INC COM	COM	697435105	261,599	1,955	SH		SOLE		1,955	0	1,955
PANDORA MEDIA INC COM	COM	698354107	790,490	88,620	SH		SOLE		88,620	0	88,620
PULTEGROUP INC COM	COM	745867101	4,925,379	200,790	SH		SOLE		200,790	0	200,790
QUALCOMM INC	COM	747525103	5,575,287	100,965	SH		SOLE		100,965	0	100,965
ROYAL BK SCOTLAND GROUP PLC SPON ADR SER L REPSTG PFD SHS	SP ADR L RP PF	780097788	1,960,260	77,450	SH		SOLE		77,450	0	77,450
SOUTHWEST AIRLS CO COM	COM	844741108	215,937	3,475	SH		SOLE		3,475	0	3,475
STARBUCKS CORP COM	COM	855244109	1,115,937	19,138	SH		SOLE		19,138	0	19,138
T-MOBILE US INC COM	COM	872590104	326,439	5,385	SH		SOLE		5,385	0	5,385
TAIWAN SEMICONDUCTOR MFG CO SPONSORED ADR ISIN#US8740391003	SPONSORED ADR	874039100	6,148,590	175,875	SH		SOLE		175,875	0	175,875
TEXTRON INC COM	COM	883203101	1,096,959	23,290	SH		SOLE		23,290	0	23,290
UNILEVER PLC SPON ADR NEW ISIN#US9047677045	SPON ADR NEW	904767704	463,646	8,567	SH		SOLE		8,567	0	8,567
WAL MART STORES INC COM	COM	931142103	363,264	4,800	SH		SOLE		4,800	0	4,800
WALGREENS BOOTS ALLIANCE INC COM	COM	931427108	4,039,700	51,586	SH		SOLE		51,586	0	51,586
WELLS FARGO & CO NEW COM	COM	949746101	434,949	7,850	SH		SOLE		7,850	0	7,850
WHITING PETE CORP COM	COM	966387102	292,030	53,000	SH		SOLE		53,000	0	53,000
VALE S A ADR ISIN#US91912E1055	ADR	91912E105	294,385	33,644	SH		SOLE		33,644	0	33,644
AGNC INVT CORP COM	COM	00123Q104	942,508	44,270	SH		SOLE		44,270	0	44,270
AT&T INC COM	COM	00206R102	545,199	14,450	SH		SOLE		14,450	0	14,450
ACACIA COMMUNICATIONS INC COM	COM	00401C108	746,460	18,000	SH		SOLE		18,000	0	18,000
AIR TRANS SVCS GROUP INC COM	COM	00922R105	18,433,286	846,340	SH		SOLE		846,340	0	846,340
ALIBABA GROUP HLDG LTD SPONSORED ADS ISIN#US01609W1027	SPONSORED ADS	01609W102	681,252	4,835	SH		SOLE		4,835	0	4,835
ALPHABET INC CAP STK CL C	CAP STK CL C	02079K107	574,317	632	SH		SOLE		632	0	632
ALPHABET INC CAP STK CL A	CAP STK CL A	02079K305	1,389,872	1,495	SH		SOLE		1,495	0	1,495
AMERICA MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS ISIN#US02364W1053	SPON ADR L SHS	02364W105	289,728	18,199	SH		SOLE		18,199	0	18,199
AMERICAN AIRLS GROUP INC COM	COM	02376R102	323,558	6,430	SH		SOLE		6,430	0	6,430
AVIANCA HLDGS SA SPONS ADR ISIN#US05367G1004	SPON ADR REP PFD	05367G100	316,550	48,700	SH		SOLE		48,700	0	48,700
BOFI HOLDING	COM	05566U108	320,220	13,500	SH		SOLE		13,500	0	13,500
BANCO BILBAO VIZCAYA ARGENTARIA SA ISIN#US05946K1016 APONSORED ADR	SPONSORED ADR	05946K101	996,464	119,194	SH		SOLE		119,194	0	119,194
BANCO SANTANDER SA ADR ISIN#US05964H1059	ADR	05964H105	134,034	20,035	SH		SOLE		20,035	0	20,035
BARCLAYS PLC RESETTING PERP SUB CONTINGENT CONV SECS	NOTE 8 250%12/3	06738EAA3	5,963,060	5,620,000	SH		SOLE		5,620,000	0	5,620,000
BARCLAYS ATI SECS SUBORD CONV	NOTE 6 625%12/3	06738EAB1	198,500	200,000	SH		SOLE		200,000	0	200,000
BARCLAYS BK PLC SPON ADR PREF SHS SER 5 DIV	ADR PFD SR 5	06739H362	560,251	21,070	SH		SOLE		21,070	0	21,070
BlackRock INC COM	COM	09247X101	658,960	1,560	SH		SOLE		1,560	0	1,560
CTRIP COM INTL LTD AMERICAN DEP SHS ISIN#US22943F1003	AMERICAN DEP SHS	22943F100	215,440	4,000	SH		SOLE		4,000	0	4,000
DEUTSCHE BANK A G FIXED TO RESET NT TIER 1	NOTE 7 500%12/3	251525AN1	6,180,345	6,000,000	SH		SOLE		6,000,000	0	6,000,000
ETFS GOLD TR SH	SHS	26922Y105	535,913	4,450	SH		SOLE		4,450	0	4,450
EMBRAER S A SPONSORED ADR REPSTG 4 COM SHS ISIN#US29082A1079	SP ADR REP 4 COM	29082A107	6,864,142	376,530	SH		SOLE		376,530	0	376,530
FACEBOOK INC CL A	CL A	30303M102	6,672,259	44,193	SH		SOLE		44,193	0	44,193
GENERAL MTRS CO COM	COM	37045V100	729,618	20,888	SH		SOLE		20,888	0	20,888
GOLDMAN SACHS GROUP INC COM	COM	38141G104	339,507	1,530	SH		SOLE		1,530	0	1,530
HCA HOLDINGS INC	COM	40412C101	436,000	5,000	SH		SOLE		5,000	0	5,000
INCYTE CORP COM	COM	45337C102	210,899	1,675	SH		SOLE		1,675	0	1,675
ISHARES SILVER TR ISHARES	ISHARES	46428Q109	301,946	19,220	SH		SOLE		19,220	0	19,220
ISHARES MSCI USA MINIMUM VOLATILITY ETF	MIN VOL USA ETF	46429B697	218,081	4,457	SH		SOLE		4,457	0	4,457
ISHARES TR MTG RUSSIA CAPPED ETF NEW	MSCI RUSS ETF NEW	46434G798	324,547	11,269	SH		SOLE		11,269	0	11,269
JP MORGAN CHASE & CO COM ISIN#US46625H1005	COM	46625H100	608,176	6,654	SH		SOLE		6,654	0	6,654
MEDNAX INC COM	COM	58502B106	7,932,014	131,390	SH		SOLE		131,390	0	131,390
NEOPHOTONICS CORP COM	COM	64051T100	239,320	31,000	SH		SOLE		31,000	0	31,000
NETFLIX INC COM	COM	64110L106	626,775	4,195	SH		SOLE		4,195	0	4,195
NOVARTIS AG SPONSORED ADR	SPONSORED ADR	66987V109	250,410	3,000	SH		SOLE		3,000	0	3,000
NUTANIX INC COM	CL A	67059N108	750,084	37,225	SH		SOLE		37,225	0	37,225
NVIDIA CORP COM	COM	67066G104	245,752	1,700	SH		SOLE		1,700	0	1,700
NUVEEN DIVID ADVANTAGE MUN FD COM	COM	67066V101	266,802	19,003	SH		SOLE		19,003	0	19,003
PETROLEO BRASILEIRO SA PETROBRAS SPONSORED ADR	SPONSORED ADR	71654V408	11,540,756	1,444,400	SH		SOLE		1,444,400	0	1,444,400
POWERSHARES QQQ TR UNIT SER 1	UNIT SER 1	73935A104	3,932,375	28,570	SH		SOLE		28,570	0	28,570
POWERSHARES DB U S DLR INDEX TR POWERSHARES DV US$ INDEX BULLISH FD COM UNIT	DOLL INDX BULL	73936D107	4,698,713	189,847	SH		SOLE		189,847	0	189,847
PROSHARES TR PROSHARES ULTRASHORT 20 YR TREAS NEW	PSHS ULTSH 20YRS	74347B201	1,471,459	41,022	SH		SOLE		41,022	0	41,022
PROSHARES TR PROSHARES ULTRA QQQ	PSHS ULTRA QQQ	74347R206	236,983	2,055	SH		SOLE		2,055	0	2,055
PROSPECT CAP CORP SR NT CONV	NOTE 5 750% 3/1	74348TAL6	61,500	60,000	SH		SOLE		60,000	0	60,000
RANGE RES CORP COM	COM	75281A109	416,017	17,955	SH		SOLE		17,955	0	17,955
SPDR S&P 500 ETF TR TR UNIT	TR UNIT	78462F103	2,959,344	12,239	SH		SOLE		12,239	0	12,239
SPDR GOLD TR GOLD SHS	GOLD SHS	78463V107	3,419,630	28,975	SH		SOLE		28,975	0	28,975
SPDR SER TR S&P METALS & MNG ETF	S&P METALS MNG	78464A755	293,706	9,800	SH		SOLE		9,800	0	9,800
SPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1	UT SER 1	78467X109	303,227	1,422	SH		SOLE		1,422	0	1,422
SELECT SECTOR SPDR TR MATLS	SBI MATERIALS	81369Y100	604,824	11,240	SH		SOLE		11,240	0	11,240
SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY TRANSN TO 06/24/02	SBI CONS DISCR	81369Y407	260,823	2,910	SH		SOLE		2,910	0	2,910
SELECT SECTOR SPDR TR ENERGY	ENERGY	81369Y506	319,711	4,925	SH		SOLE		4,925	0	4,925
SELECT SECTOR SPDR TR FINANCIAL	SBI INT-FINL	81369Y605	1,289,254	52,260	SH		SOLE		52,260	0	52,260
SELECT SECTOR SPDR TR INDL	SBI INT-INDS	81369Y704	297,641	4,370	SH		SOLE		4,370	0	4,370
SENIOR HSG PPTYS TR SH BEN INT	SH BEN INT	81721M109	1,261,761	61,730	SH		SOLE		61,730	0	61,730
SIRIUS XM HLDGS INC COM	COM	82968B103	60,170	11,000	SH		SOLE		11,000	0	11,000
SUNRUN INC COM	COM	86771W105	170,061	23,885	SH		SOLE		23,885	0	23,885
SYNTEL INC COM	COM	87162H103	8,879,239	523,540	SH		SOLE		523,540	0	523,540
TAILORED BRANDS INC COM SHS	COM	87403A107	15,404,349	1,380,318	SH		SOLE		1,380,318	0	1,380,318
TESLA MTRS INC COM	COM	88160R101	6,651,093	18,393	SH		SOLE		18,393	0	18,393
VALEANT PHARMACEUTICALS INTL INC CDA COM ISIN#CA91911K1021	COM	91911K102	203,275	11,750	SH		SOLE		11,750	0	11,750
VANGUARD SCOTTSDALE FDS VANGUARD SHORT-TERM GOVERNMENT BOND	SHTRM GVT BD ETF	92206C102	213,276	3,510	SH		SOLE		3,510	0	3,510
VISA INC COM CL A	COM CL A	92826C839	262,825	2,803	SH		SOLE		2,803	0	2,803
WISDOMTREE TR JAPAN HEDGED EQUITY FD	JAPN HEDGE EQT	97717W851	1,036,620	19,935	SH		SOLE		19,935	0	19,935
WISDOMTREE TR EUROPE HEDGED EQUITY FD	EUROPE HEDGE EQ	97717X701	549,439	8,815	SH		SOLE		8,815	0	8,815
JOHNSON CTLS INTL PLC SHS ISIN#IE00BY7QL619	SHS	G51502105	6,513,973	150,230	SH		SOLE		150,230	0	150,230
FOAMIX PHARMACEUTICALS LTD SHS ISIN#IL0011334385	SHS	M46135105	67,628	14,575	SH		SOLE		14,575	0	14,575