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
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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
AGNC INVT CORP COM	COM	00123Q104	463,486	24,932	SH		SOLE		24,932	0	24,932
AT&T INC COM	COM	00206R102	651,833	20,300	SH		SOLE		20,300	0	20,300
AIR TRANS SVCS GROUP INC COM	COM	00922R105	13,738,220	608,155	SH		SOLE		608,155	0	608,155
ALEXION PHARMACEUTICALS INC COM	COM	015351109	831,805	6,700	SH		SOLE		6,700	0	6,700
ALIBABA GROUP HLDG LTD SPONSORED ADS	SPONSORED ADS	01609W102	4,572,391	24,645	SH		SOLE		24,645	0	24,645
ALNYLAM PHARMACEUTICALS INC COM	COM	02043Q107	216,973	2,203	SH		SOLE		2,203	0	2,203
ALPHABET INC CAP STK CL C	CAP STK CL C	02079K107	764,221	685	SH		SOLE		685	0	685
ALPHABET INC CAP STK CL A	CAP STK CL A	02079K305	2,059,643	1,824	SH		SOLE		1,824	0	1,824
AMAZON COM INC	COM	023135106	13,105,458	7,710	SH		SOLE		7,710	0	7,710
AMERICA MOVIL SAB DE C V SPONSORED ADR REPSTG SER L SHS	SPON ADR L SHS	02364W105	2,035,818	122,198	SH		SOLE		122,198	0	122,198
AMPLIFY ETF TR AMPLIFY ONLINE RETAIL ETF	ONLIN RETL ETF	032108102	816,548	15,950	SH		SOLE		15,950	0	15,950
APPLE INC COM	COM	037833100	26,918,483	145,419	SH		SOLE		145,419	0	145,419
APPLIED OPTOELECTRONICS INC COM	COM	03823U102	538,800	12,000	SH		SOLE		12,000	0	12,000
BP PLC SPONS ADR	SPONSORED ADR	055622104	267,111	5,850	SH		SOLE		5,850	0	5,850
BOFI HOLDING	COM	05566U108	634,105	15,500	SH		SOLE		15,500	0	15,500
BANCO BILBAO VIZCAYA ARGENTARIA SA	SPONSORED ADR	05946K101	495,729	70,818	SH		SOLE		70,818	0	70,818
BANCO SANTANDER SA ADR	ADR	05964H105	128,059	23,981	SH		SOLE		23,981	0	23,981
BANK AMER CORP COM	COM	060505104	2,323,952	82,439	SH		SOLE		82,439	0	82,439
BARCLAYS BK PLC SPON ADR PREF SHS SER 5 DIV RT	ADR PFD SR 5	06739H362	1,039,756	39,340	SH		SOLE		39,340	0	39,340
BARCLAYS BK PLC IPATH S P 500 VIX SHORT TERM FUTURES ETN NEW 2017	IPATH SP500 VIX	06746L422	312,650	8,450	SH		SOLE		8,450	0	8,450
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	1,784,188	9,559	SH		SOLE		9,559	0	9,559
BOEING CO COM	COM	097023105	1,312,569	3,912	SH		SOLE		3,912	0	3,912
BOTTOMLINE TECHNOLOGIES DEL INC COM	COM	101388106	319,161	6,405	SH		SOLE		6,405	0	6,405
BROADCOM INC COM	COM	11135F101	558,072	2,300	SH		SOLE		2,300	0	2,300
BURLINGTON STORES INC COM	COM	122017106	257,406	1,710	SH		SOLE		1,710	0	1,710
CVS HEALTH CORP COM	COM	126650100	649,935	10,100	SH		SOLE		10,100	0	10,100
CATERPILLAR INC COM	COM	149123101	941,143	6,937	SH		SOLE		6,937	0	6,937
CEMEX S A B DE C V SPONSOR ADR NEW REP ORD	SPON ADR NEW	151290889	5,327,525	812,123	SH		SOLE		812,123	0	812,123
CHIPOTLE MEXICAN GRILL INC COM	COM	169656105	297,645	690	SH		SOLE		690	0	690
CISCO SYSTEMS INC	COM	17275R102	320,401	7,446	SH		SOLE		7,446	0	7,446
CITIGROUP INC COM NEW	COM NEW	172967424	1,355,130	20,250	SH		SOLE		20,250	0	20,250
COCA COLA COMPANY	COM	191216100	348,687	7,950	SH		SOLE		7,950	0	7,950
COMPANHIA SIDERURGICA NACIONAL SPONSORED ADR REPSTG ORD	SPONSORED ADR	20440W105	119,180	59,000	SH		SOLE		59,000	0	59,000
CONOCOPHILLIPS COM	COM	20825C104	273,676	3,931	SH		SOLE		3,931	0	3,931
CONSTELLATION BRANDS INC CL A	CL A	21036P108	207,926	950	SH		SOLE		950	0	950
CREDIT SUISSE GROUP SPONSORED ADR	SPONSORED ADR	225401108	891,907	59,940	SH		SOLE		59,940	0	59,940
DELTA AIRLINES INC COM NEW	COM NEW	247361702	816,915	16,490	SH		SOLE		16,490	0	16,490
DIREXION SHS ETF TR DAILY GOLD MINERS INDEX BULL 3X SHS NEW FEB 2017	DLY GOLD INDX 3X	25460E844	644,964	26,509	SH		SOLE		26,509	0	26,509
DISNEY WALT CO DISNEY COM	COM DISNEY	254687106	1,161,191	11,079	SH		SOLE		11,079	0	11,079
DOUBLELINE INCOME SOLUTIONS FD COM	COM	258622109	300,010	15,008	SH		SOLE		15,008	0	15,008
ETFS GOLD TR SH	SHS	26922Y105	509,284	4,210	SH		SOLE		4,210	0	4,210
EASTMAN KODAK CO COM NEW	COM NEW	277461406	79,800	21,000	SH		SOLE		21,000	0	21,000
ETSY INC COM	COM	29786A106	245,335	5,815	SH		SOLE		5,815	0	5,815
EXXON MOBIL CORP COM	COM	30231G102	330,920	4,000	SH		SOLE		4,000	0	4,000
FACEBOOK INC CL A	CL A	30303M102	13,154,880	67,697	SH		SOLE		67,697	0	67,697
FORD MOTOR CO DEL COM PAR	COM PAR 01	345370860	195,828	17,690	SH		SOLE		17,690	0	17,690
FULL HOUSE RESORTS INC COM	COM	359678109	44,109	13,246	SH		SOLE		13,246	0	13,246
GENERAL ELECTRIC CO COM	COM	369604103	686,080	50,410	SH		SOLE		50,410	0	50,410
GENERAL MTRS CO COM	COM	37045V100	655,695	16,642	SH		SOLE		16,642	0	16,642
GILEAD SCIENCES INC	COM	375558103	240,856	3,400	SH		SOLE		3,400	0	3,400
GOLDMAN SACHS GROUP INC COM	COM	38141G104	502,900	2,280	SH		SOLE		2,280	0	2,280
GOODYEAR TIRE & RUBR CO COM	COM	382550101	8,417,468	361,420	SH		SOLE		361,420	0	361,420
HCA HOLDINGS INC	COM	40412C101	513,000	5,000	SH		SOLE		5,000	0	5,000
HASBRO INC SHS	COM	418056107	369,240	4,000	SH		SOLE		4,000	0	4,000
HOME DEPOT INC COM	COM	437076102	633,100	3,245	SH		SOLE		3,245	0	3,245
ICAHN ENTERPRISES LP DEPOSITARY UNIT	DEPOSITORY UNIT	451100101	307,335	4,325	SH		SOLE		4,325	0	4,325
INTEL CORP COM	COM	458140100	760,315	15,295	SH		SOLE		15,295	0	15,295
INVESCO QQQ TR UNIT SER 1	UNIT SER 1	46090E103	2,160,559	12,587	SH		SOLE		12,587	0	12,587
INTUITIVE SURGICAL INC COM NEW	COM NEW	46120E602	399,531	835	SH		SOLE		835	0	835
INVESCO DB MULTI SECTOR COMMODITY TR AGRICULTURE FD	AGRICULTURE FD	46140H106	826,135	45,820	SH		SOLE		45,820	0	45,820
ISHARES INC MSCI BRAZIL CAPPED ETF	MSCI BRAZIL ETF	464286400	152,238	4,750	SH		SOLE		4,750	0	4,750
ISHARES INC MSCI GERMANY ETF	MSCI GERMANY ETF	464286806	385,333	12,853	SH		SOLE		12,853	0	12,853
ISHARES INC MSCI MEXICO CAPPED ETF	MSCI MEXICO ETF	464286822	728,313	15,450	SH		SOLE		15,450	0	15,450
ISHARES TR CORE U S AGGREGATE BD ETF	CORE US AGGBD ET	464287226	213,149	2,005	SH		SOLE		2,005	0	2,005
ISHARES TR MSCI EMERGING MKTS ETF	MSCI EMG MKT ETF	464287234	2,869,784	66,231	SH		SOLE		66,231	0	66,231
ISHARES TR IBOXX USD INVT GRADE CORP BD ETF	IBOXX INV CP ETF	464287242	221,120	1,930	SH		SOLE		1,930	0	1,930
ISHARES TR GLOBAL HEALTHCARE ETF	GLOB HLTHCRE ETF	464287325	2,091,098	37,050	SH		SOLE		37,050	0	37,050
ISHARES TR GLOBAL ENERGY ETF	GLOBAL ENERG ETF	464287341	358,998	9,604	SH		SOLE		9,604	0	9,604
ISHARES TR 1-3 YR TREAS BD ETF	1 3 YR TREAS BD	464287457	3,581,225	42,956	SH		SOLE		42,956	0	42,956
ISHARES TR MSCI EAFE ETF	MSCI EAFE ETF	464287465	702,181	10,485	SH		SOLE		10,485	0	10,485
ISHARES TR NASDAQ BIOTECHNOLOGY ETF	NASDAQ BIOTECH	464287556	598,116	5,446	SH		SOLE		5,446	0	5,446
ISHARES TR US REAL ESTATE ETF	US REAL ES ETF	464287739	241,740	3,000	SH		SOLE		3,000	0	3,000
ISHARES TR U S HEALTHCARE ETF	US HEALTHCARE ETF	464287762	301,124	1,690	SH		SOLE		1,690	0	1,690
ISHARES TR US FINANCIALS ETF INDEX FD	US FINLS ETF	464287788	750,016	6,400	SH		SOLE		6,400	0	6,400
ISHARES TR CORE S&P SMALL CAP ETF	CORE S P SCP ETF	464287804	266,472	3,193	SH		SOLE		3,193	0	3,193
ISHARES TR EUROPE ETF	EUROPE ETF	464287861	283,908	6,350	SH		SOLE		6,350	0	6,350
ISHARES TR CALIF MUNI BD ETF FD	CALIF MUN BD ETF	464288356	601,792	10,280	SH		SOLE		10,280	0	10,280
ISHARES TR IBOXX HIGH YIELD CORP BD ETF	IBOXX HI YD ETF	464288513	355,209	4,175	SH		SOLE		4,175	0	4,175
ISHARES TR MBS ETF	MBS ETF	464288588	1,806,689	17,342	SH		SOLE		17,342	0	17,342
ISHARES TR 3 7 YR TREAS BD ETF	3 7 YR TREAS BD	464288661	261,494	2,179	SH		SOLE		2,179	0	2,179
ISHARES TR RUSSELL TOP 200 GROWTH ETF	RUS TP200 GR ETF	464289438	469,920	6,000	SH		SOLE		6,000	0	6,000
ISHARES SILVER TR ISHARES	ISHARES	46428Q109	326,786	21,570	SH		SOLE		21,570	0	21,570
ISHARES MSCI USA MINIMUM VOLATILITY ETF	MIN VOL USA ETF	46429B697	236,934	4,457	SH		SOLE		4,457	0	4,457
ISHARES U S ETF TR SHORT MTY BD ETF	SHT MAT BD ETF	46431W507	293,494	5,850	SH		SOLE		5,850	0	5,850
ISHARES INC MSCI JAPAN ETF NEW	MSCI JPN ETF NEW	46434G822	530,057	9,153	SH		SOLE		9,153	0	9,153
ISHARES TR 0 5 YR INVT GRADE CORP BD ETF	0 5YR INVT GR CP	46434V100	2,471,507	49,799	SH		SOLE		49,799	0	49,799
ISHARES TR CORE MSCI EUROPE ETF	CORE MSCI EURO	46434V738	231,715	4,870	SH		SOLE		4,870	0	4,870
JP MORGAN CHASE CO COM	COM	46625H100	497,451	4,774	SH		SOLE		4,774	0	4,774
JOHNSON JOHNSON COM	COM	478160104	324,220	2,672	SH		SOLE		2,672	0	2,672
KEYSIGHT TECHNOLOGIES INC COM	COM	49338L103	263,274	4,460	SH		SOLE		4,460	0	4,460
KRAFT HEINZ CO COM STK	COM	500754106	316,927	5,045	SH		SOLE		5,045	0	5,045
LAM RESEARCH CORP	COM	512807108	902,450	5,221	SH		SOLE		5,221	0	5,221
LOCKHEED MARTIN CORP COM	COM	539830109	1,283,348	4,344	SH		SOLE		4,344	0	4,344
MAGNA INTERNATIONAL INC COM	COM	559222401	14,478,440	249,070	SH		SOLE		249,070	0	249,070
MASTERCARD INC CL A COM	CL A	57636Q104	234,645	1,194	SH		SOLE		1,194	0	1,194
MEDNAX INC COM	COM	58502B106	10,468,996	241,890	SH		SOLE		241,890	0	241,890
MICROSOFT CORP COM	COM	594918104	2,558,248	25,943	SH		SOLE		25,943	0	25,943
MICRON TECHNOLOGY INC COM	COM	595112103	1,600,836	30,527	SH		SOLE		30,527	0	30,527
MOTUS GI HLDGS INC COM	COM	62014P108	106,053	14,750	SH		SOLE		14,750	0	14,750
NEOPHOTONICS CORP COM	COM	64051T100	124,600	20,000	SH		SOLE		20,000	0	20,000
NETFLIX INC COM	COM	64110L106	1,585,684	4,051	SH		SOLE		4,051	0	4,051
NOKIA CORP SPONSORED ADR	SPONSORED ADR	654902204	8,341,929	1,450,770	SH		SOLE		1,450,770	0	1,450,770
NUTANIX INC COM	CL A	67059N108	567,270	11,000	SH		SOLE		11,000	0	11,000
NVIDIA CORP COM	COM	67066G104	782,284	3,302	SH		SOLE		3,302	0	3,302
NUVEEN DIVID ADVANTAGE MUN FD COM	COM	67066V101	212,361	15,967	SH		SOLE		15,967	0	15,967
OI S A SPONSORED ADR NEW 2016	SPONSORED ADR NE	670851500	68,809	15,603	SH		SOLE		15,603	0	15,603
PACWEST BANCORP DEL COM	COM	695263103	891,487	18,039	SH		SOLE		18,039	0	18,039
PALO ALTO NETWORKS INC COM	COM	697435105	657,504	3,200	SH		SOLE		3,200	0	3,200
PANDORA MEDIA INC COM	COM	698354107	1,205,167	152,940	SH		SOLE		152,940	0	152,940
PAYPAL HLDGS INC COM	COM	70450Y103	705,713	8,475	SH		SOLE		8,475	0	8,475
PENNEY J C INC	COM	708160106	1,228,500	525,000	SH		SOLE		525,000	0	525,000
PETROLEO BRASILEIRO SA PETROBRAS SPONSORED ADR	SPONSORED ADR	71654V408	12,014,682	1,197,875	SH		SOLE		1,197,875	0	1,197,875
PFIZER INC COM	COM	717081103	296,444	8,171	SH		SOLE		8,171	0	8,171
PROCTER GAMBLE CO COM	COM	742718109	291,944	3,740	SH		SOLE		3,740	0	3,740
PROSHARES TR PROSHARES ULTRASHORT 20 PLUS YR TREAS NEW	PSHS ULTSH 20YRS	74347B201	953,394	26,520	SH		SOLE		26,520	0	26,520
PROSHARES TR PROSHARES ULTRA QQQ	PSHS ULTRA QQQ	74347R206	683,466	7,905	SH		SOLE		7,905	0	7,905
PULTEGROUP INC COM	COM	745867101	6,498,647	226,040	SH		SOLE		226,040	0	226,040
QUALCOMM INC	COM	747525103	10,755,172	191,646	SH		SOLE		191,646	0	191,646
REALPAGE INC COM	COM	75606N109	281,286	5,105	SH		SOLE		5,105	0	5,105
SPDR S P 500 ETF TR TR UNIT	TR UNIT	78462F103	3,796,253	13,994	SH		SOLE		13,994	0	13,994
SPDR GOLD TR GOLD SHS	GOLD SHS	78463V107	3,902,398	32,890	SH		SOLE		32,890	0	32,890
SPDR INDEX SHS FDS EURO STOXX 50 ETF	EURO STOXX 50	78463X202	485,986	12,679	SH		SOLE		12,679	0	12,679
SPDR SER TR S P REGL BKG ETF	S P REGL BKG	78464A698	807,030	13,230	SH		SOLE		13,230	0	13,230
SS&C TECHNOLOGIES HLDGS INC COM	COM	78467J100	253,791	4,890	SH		SOLE		4,890	0	4,890
SPDR S P MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPT	UTSER1 S PDCRP	78467Y107	355,730	1,002	SH		SOLE		1,002	0	1,002
SELECT SECTOR SPDR TR MATLS	SBI MATERIALS	81369Y100	992,416	17,090	SH		SOLE		17,090	0	17,090
SELECT SECTOR SPDR TR HEALTH CARE	SBI HEALTHCARE	81369Y209	250,964	3,007	SH		SOLE		3,007	0	3,007
SELECT SECTOR SPDR TR CONSUMER STAPLES	SBI CONS STPLS	81369Y308	273,006	5,298	SH		SOLE		5,298	0	5,298
SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY TRANSN TO	SBI CONS DISCR	81369Y407	504,420	4,615	SH		SOLE		4,615	0	4,615
SELECT SECTOR SPDR TR ENERGY	ENERGY	81369Y506	4,591,865	60,467	SH		SOLE		60,467	0	60,467
SELECT SECTOR SPDR TR FINANCIAL	SBI INT FINL	81369Y605	1,641,959	61,751	SH		SOLE		61,751	0	61,751
SELECT SECTOR SPDR TR INDL	SBI INT INDS	81369Y704	660,858	9,226	SH		SOLE		9,226	0	9,226
SELECT SECTOR SPDR TR TECHNOLOGY	TECHNOLOGY	81369Y803	507,965	7,312	SH		SOLE		7,312	0	7,312
SENIOR HSG PPTYS TR SH BEN INT	SH BEN INT	81721M109	996,759	55,100	SH		SOLE		55,100	0	55,100
SIERRA METALS INC COM	COM	82639W106	82,163	31,599	SH		SOLE		31,599	0	31,599
SPROTT PHYSICAL GOLD & SILVER TR TR UNIT	TR UNIT	85208R101	1,061,667	84,730	SH		SOLE		84,730	0	84,730
STARBUCKS CORP COM	COM	855244109	396,930	8,125	SH		SOLE		8,125	0	8,125
SYNTEL INC COM	COM	87162H103	10,700,570	333,455	SH		SOLE		333,455	0	333,455
TESLA MTRS INC COM	COM	88160R101	541,518	1,579	SH		SOLE		1,579	0	1,579
TRILOGY METALS INC NEW COM	COM	89621C105	26,433	14,850	SH		SOLE		14,850	0	14,850
TWITTER INC COM	COM	90184L102	450,150	10,308	SH		SOLE		10,308	0	10,308
ULTRA PETROLEUM CORP REGISTERED SHS	COM NEW	903914208	254,100	110,000	SH		SOLE		110,000	0	110,000
UNILEVER PLC SPON ADR NEW	SPON ADR NEW	904767704	476,348	8,617	SH		SOLE		8,617	0	8,617
UNITED STS STL CORP NEW COM	COM	912909108	220,141	6,335	SH		SOLE		6,335	0	6,335
UPLAND SOFTWARE INC COM	COM	91544A109	281,490	8,190	SH		SOLE		8,190	0	8,190
VALE S A ADR	ADR	91912E105	226,196	17,644	SH		SOLE		17,644	0	17,644
VANGUARD WORLD FDS VANGUARD HEALTH CARE ETF	HEATH CAR ETF	92204A504	256,106	1,609	SH		SOLE		1,609	0	1,609
VANGUARD SCOTTSDALE FDS VANGUARD SHORT TERM GOVERNMENT BOND	SHORT TERM TREAS	92206C102	210,319	3,510	SH		SOLE		3,510	0	3,510
VANGUARD SCOTTSDALE FDS VANGUARD SHORT TERM CORPORATE BD INDEX FD	SHRT TRM CORP BD	92206C409	224,538	2,875	SH		SOLE		2,875	0	2,875
VANGUARD SCOTTSDALE FDS VANGUARD INTERMEDIATE TERM CORPORATE BOND INDEX ETF SHS	INT TERM CORP	92206C870	218,405	2,615	SH		SOLE		2,615	0	2,615
VISA INC COM CL A	COM CL A	92826C839	487,216	3,678	SH		SOLE		3,678	0	3,678
VODAFONE GROUP PLC NEW SPONSORED ADR NO PAR	SPONSORED ADR	92857W308	226,229	9,306	SH		SOLE		9,306	0	9,306
WAL MART STORES INC COM	COM	931142103	940,436	10,980	SH		SOLE		10,980	0	10,980
WALGREENS BOOTS ALLIANCE INC COM	COM	931427108	7,870,424	131,141	SH		SOLE		131,141	0	131,141
WELLS FARGO CO NEW COM	COM	949746101	548,834	9,900	SH		SOLE		9,900	0	9,900
WESTERN DIGITAL CORP COM	COM	958102105	15,008,631	193,885	SH		SOLE		193,885	0	193,885
WISDOMTREE TR JAPAN HEDGED EQUITY FD	JAPN HEDGE EQT	97717W851	1,212,445	22,461	SH		SOLE		22,461	0	22,461
WISDOMTREE TR EUROPE HEDGED EQUITY FD	EUROPE HEDGE EQ	97717X701	778,201	12,325	SH		SOLE		12,325	0	12,325