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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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
CANOPY GROWTH CORP SHS	COM	138035100	343,697	7,077	SH		SOLE		7,077	0	7,077
MAGNA INTERNATIONAL INC COM	COM	559222401	13,083,652	249,070	SH		SOLE		249,070	0	249,070
SIERRA METALS INC COM	COM	82639W106	77,995	31,599	SH		SOLE		31,599	0	31,599
SPROTT PHYSICAL GOLD SILVER TR TR UNIT	TR UNIT	85208R101	1,018,204	87,175	SH		SOLE		87,175	0	87,175
TRILOGY METALS INC NEW COM ISIN	COM	89621C105	29,700	14,850	SH		SOLE		14,850	0	14,850
AGNC INVT CORP COM	COM	00123Q104	449,952	24,152	SH		SOLE		24,152	0	24,152
ATT INC COM	COM	00206R102	609,645	18,155	SH		SOLE		18,155	0	18,155
ADOBE SYS INC COM	COM	00724F101	204,622	758	SH		SOLE		758	0	758
AIR TRANS SVCS GROUP INC COM	COM	00922R105	13,049,998	607,825	SH		SOLE		607,825	0	607,825
ALEXION PHARMACEUTICALS INC COM	COM	015351109	903,565	6,500	SH		SOLE		6,500	0	6,500
ALIBABA GROUP HLDG LTD SPONSORED ADS	SPONSORED ADS	01609W102	3,774,652	22,910	SH		SOLE		22,910	0	22,910
ALPHABET INC CAP STK CL C	CAP STK CL C	02079K107	1,069,349	896	SH		SOLE		896	0	896
ALPHABET INC CAP STK CL A	CAP STK CL A	02079K305	3,142,030	2,603	SH		SOLE		2,603	0	2,603
AMAZON COM INC	COM	023135106	15,789,649	7,883	SH		SOLE		7,883	0	7,883
AMPLIFY ETF TR AMPLIFY ONLINE RETAIL ETF	ONLIN RETL ETF	032108102	789,488	15,200	SH		SOLE		15,200	0	15,200
ANDEAVOR COM	COM	03349M105	276,914	1,804	SH		SOLE		1,804	0	1,804
APPLE INC COM	COM	037833100	23,615,587	104,614	SH		SOLE		104,614	0	104,614
APPLIED MATERIALS INC	COM	038222105	726,620	18,800	SH		SOLE		18,800	0	18,800
APPLIED OPTOELECTRONICS INC COM	COM	03823U102	394,560	16,000	SH		SOLE		16,000	0	16,000
ARCELORMITTAL SA NY REGISTERED SHS	NY REGISTRY SH	03938L203	265,087	8,590	SH		SOLE		8,590	0	8,590
BANCO BRADESCO S A SPONSORED ADR REPSTG PFD SHS NEW 2004	SP ADR PFD NEW	059460303	242,462	34,246	SH		SOLE		34,246	0	34,246
BANCO BILBAO VIZCAYA ARGENTARIA SA	SPONSORED ADR	05946K101	583,351	92,595	SH		SOLE		92,595	0	92,595
BANCO SANTANDER SA ADR	ADR	05964H105	295,205	59,041	SH		SOLE		59,041	0	59,041
BANK AMER CORP COM	COM	060505104	1,629,973	55,328	SH		SOLE		55,328	0	55,328
BARCLAYS BK PLC SPON ADR PREF SHS SER 5 DIV RT 8.125 FREQ QRTLY PERP MATY PERP CALL	ADR PFD SR 5	06739H362	1,017,513	39,090	SH		SOLE		39,090	0	39,090
BBVA BANCO FRANCES S A SPONSORED ADR	SPONSORED ADR	07329M100	431,790	37,000	SH		SOLE		37,000	0	37,000
BERKSHIRE HATHAWAY INC DEL CL B NEW	CL B NEW	084670702	2,037,900	9,518	SH		SOLE		9,518	0	9,518
BOEING CO COM	COM	097023105	525,989	1,414	SH		SOLE		1,414	0	1,414
BOSTON SCIENTIFIC CORP	COM	101137107	325,518	8,455	SH		SOLE		8,455	0	8,455
BROADCOM INC COM	COM	11135F101	567,479	2,300	SH		SOLE		2,300	0	2,300
CVS HEALTH CORP COM	COM	126650100	724,224	9,200	SH		SOLE		9,200	0	9,200
CATERPILLAR INC COM	COM	149123101	1,074,902	7,049	SH		SOLE		7,049	0	7,049
CEMEX S A B DE C V SPONSOR ADR NEW REP ORD PARTN CTF NEW FOR A B	SPON ADR NEW	151290889	5,690,946	808,373	SH		SOLE		808,373	0	808,373
CENTENE CORP DEL COM	COM	15135B101	390,182	2,695	SH		SOLE		2,695	0	2,695
CHEVRON CORP NEW COM	COM	166764100	255,137	2,086	SH		SOLE		2,086	0	2,086
CHIPOTLE MEXICAN GRILL INC COM	COM	169656105	324,982	715	SH		SOLE		715	0	715
CISCO SYSTEMS INC	COM	17275R102	362,248	7,446	SH		SOLE		7,446	0	7,446
CITIGROUP INC COM NEW	COM NEW	172967424	1,874,925	26,135	SH		SOLE		26,135	0	26,135
COCA COLA COMPANY	COM	191216100	367,211	7,950	SH		SOLE		7,950	0	7,950
COMPANHIA ENERGETICA DE MINAS GERAIS ADR	SP ADR N V PFD	204409601	203,490	119,000	SH		SOLE		119,000	0	119,000
CONSTELLATION BRANDS INC CL A	CL A	21036P108	204,839	950	SH		SOLE		950	0	950
COUPA SOFTWARE INC COM	COM	22266L106	274,873	3,475	SH		SOLE		3,475	0	3,475
CREDIT SUISSE GROUP SPONSORED ADR	SPONSORED ADR	225401108	925,384	61,940	SH		SOLE		61,940	0	61,940
DELTA AIRLINES INC COM NEW	COM NEW	247361702	763,356	13,200	SH		SOLE		13,200	0	13,200
DIREXION SHS ETF TR DAILY GOLD MINERS INDEX BULL 3X SHS NEW FEB 2017	DL GOLD INDX 3X	25460E844	327,247	25,270	SH		SOLE		25,270	0	25,270
DISNEY WALT CO DISNEY COM	COM DISNEY	254687106	1,288,297	11,017	SH		SOLE		11,017	0	11,017
DOUBLELINE INCOME SOLUTIONS FD COM	COM	258622109	303,162	15,008	SH		SOLE		15,008	0	15,008
EMBRAER S A SPONSORED ADR REPSTG 4 COM SHS	SP ADR REP 4 COM	29082A107	24,187,158	1,234,670	SH		SOLE		1,234,670	0	1,234,670
EXXON MOBIL CORP COM	COM	30231G102	340,080	4,000	SH		SOLE		4,000	0	4,000
FACEBOOK INC CL A	CL A	30303M102	11,366,979	69,117	SH		SOLE		69,117	0	69,117
FORD MOTOR CO DEL COM PAR	COM PAR 0 01	345370860	163,633	17,690	SH		SOLE		17,690	0	17,690
FULL HOUSE RESORTS INC COM	COM	359678109	28,800	10,000	SH		SOLE		10,000	0	10,000
GENERAL ELECTRIC CO COM	COM	369604103	470,511	41,675	SH		SOLE		41,675	0	41,675
GENERAL MTRS CO COM	COM	37045V100	420,000	12,474	SH		SOLE		12,474	0	12,474
GILEAD SCIENCES INC	COM	375558103	262,514	3,400	SH		SOLE		3,400	0	3,400
GOLDMAN SACHS GROUP INC COM	COM	38141G104	511,267	2,280	SH		SOLE		2,280	0	2,280
GOODYEAR TIRE RUBR CO COM	COM	382550101	13,234,061	565,800	SH		SOLE		565,800	0	565,800
GREEN DOT CORP COM	CL A	39304D102	244,699	2,755	SH		SOLE		2,755	0	2,755
GRUPO FINANCIERO GALICIA S A SPONS ADR REPSTG 10 SHS CL B	SP ADR 10 SH B	399909100	419,595	16,500	SH		SOLE		16,500	0	16,500
GRUBHUB INC COM	COM	400110102	216,940	1,565	SH		SOLE		1,565	0	1,565
HCA HOLDINGS INC	COM	40412C101	695,600	5,000	SH		SOLE		5,000	0	5,000
HASBRO INC	COM	418056107	420,480	4,000	SH		SOLE		4,000	0	4,000
HOME DEPOT INC COM	COM	437076102	674,273	3,255	SH		SOLE		3,255	0	3,255
HONEYWELL INTL INC COM	COM	438516106	219,460	1,319	SH		SOLE		1,319	0	1,319
ICAHN ENTERPRISES LP DEPOSITARY UNIT	DEPOSITORY UNIT	451100101	311,239	4,401	SH		SOLE		4,401	0	4,401
INTEL CORP COM	COM	458140100	722,591	15,280	SH		SOLE		15,280	0	15,280
INVESCO QQQ TR UNIT SER 1	UNIT SER 1	46090E103	3,477,612	18,718	SH		SOLE		18,718	0	18,718
INTUITIVE SURGICAL INC COM NEW	COM NEW	46120E602	490,770	855	SH		SOLE		855	0	855
ISHARES INC MSCI BRAZIL CAPPED ETF	MSCI WORLD ETF	464286400	322,122	9,550	SH		SOLE		9,550	0	9,550
ISHARES INC MSCI TURKEY ETF	MSCI TURKEY ETF	464286715	547,630	23,000	SH		SOLE		23,000	0	23,000
ISHARES INC MSCI GERMANY ETF	MSCI GERMANY ETF	464286806	382,248	12,853	SH		SOLE		12,853	0	12,853
ISHARES INC MSCI MEXICO CAPPED ETF	MSCI MEXICO ETF	464286822	967,735	18,890	SH		SOLE		18,890	0	18,890
ISHARES TR MSCI EMERGING MKTS ETF	MSCI EMG MKT ETF	464287234	3,020,624	70,378	SH		SOLE		70,378	0	70,378
ISHARES TR IBOXX USD INVT GRADE CORP BD ETF	IBOXX INV CP ETF	464287242	221,815	1,930	SH		SOLE		1,930	0	1,930
ISHARES TR GLOBAL HEALTHCARE ETF	GLOB HKTHCRE ETF	464287325	2,350,416	37,320	SH		SOLE		37,320	0	37,320
ISHARES TR BARCLAYS 20 YR TREAS BD ETF	20 YR TR BD ETF	464287432	955,751	8,150	SH		SOLE		8,150	0	8,150
ISHARES TR 1 3 YR TREAS BD ETF	1 3 YR TREAS BD	464287457	3,573,632	43,009	SH		SOLE		43,009	0	43,009
ISHARES TR MSCI EAFE ETF	MSCI EAFE ETF	464287465	712,876	10,485	SH		SOLE		10,485	0	10,485
ISHARES TR NASDAQ BIOTECHNOLOGY ETF	NASDAQ BIOTECH	464287556	680,639	5,582	SH		SOLE		5,582	0	5,582
ISHARES TR US REAL ESTATE ETF	US REAL ES ETF	464287739	240,060	3,000	SH		SOLE		3,000	0	3,000
ISHARES TR U S HEALTHCARE ETF	US HLTHCARE ETF	464287762	263,770	1,300	SH		SOLE		1,300	0	1,300
ISHARES TR US FINANCIALS ETF INDEX FD	US FINLS ETF	464287788	727,605	5,990	SH		SOLE		5,990	0	5,990
ISHARES TR CORE SNP SMALL CAP ETF	CORE SNP SCP ETF	464287804	382,280	4,382	SH		SOLE		4,382	0	4,382
ISHARES TR EUROPE ETF	EUROPE ETF	464287861	297,011	6,590	SH		SOLE		6,590	0	6,590
ISHARES TR MSCI ALL COUNTRY ASIA EX JAPAN ETF	MSCI AC ASIA ETF	464288182	251,813	3,566	SH		SOLE		3,566	0	3,566
ISHARES TR CALIF MUNI BD ETF FD	CALIF MUN BD ETF	464288356	596,138	10,280	SH		SOLE		10,280	0	10,280
ISHARES TR IBOXX HIGH YIELD CORP BD ETF	IBOXX HI YD ETF	464288513	369,963	4,280	SH		SOLE		4,280	0	4,280
ISHARES TR MBS ETF	MBS ETF	464288588	1,827,081	17,682	SH		SOLE		17,682	0	17,682
ISHARES TR 3 7 YR TREAS BD ETF	3 7 YR TREAS BD	464288661	260,782	2,190	SH		SOLE		2,190	0	2,190
ISHARES TR RUSSELL TOP 200 GROWTH ETF	RUS TP200 GR ETF	464289438	512,520	6,000	SH		SOLE		6,000	0	6,000
ISHARES SILVER TR ISHARES	ISHARES	46428Q109	296,156	21,570	SH		SOLE		21,570	0	21,570
ISHARES TR FLTG RATE NT ETF	FLTG RATE NT ETF	46429B655	2,432,072	47,669	SH		SOLE		47,669	0	47,669
ISHARES MSCI USA MINIMUM VOLATILITY ETF	MIN VOL USA ETF	46429B697	254,227	4,457	SH		SOLE		4,457	0	4,457
ISHARES U S ETF TR SHORT MTY BD ETF	SHT MAT BD ETF	46431W507	448,654	8,940	SH		SOLE		8,940	0	8,940
ISHARES INC MSCI JAPAN ETF NEW	MSCI JPN ETF NEW	46434G822	518,225	8,604	SH		SOLE		8,604	0	8,604
ISHARES TR 0 5 YR INVT GRADE CORP BD ETF	0 5YR INVT GR CP	46434V100	2,667,970	53,725	SH		SOLE		53,725	0	53,725
ISHARES TR CORE MSCI EUROPE ETF	CORE MSCI EURO	46434V738	233,565	4,870	SH		SOLE		4,870	0	4,870
JP MORGAN CHASE & CO COM	COM	46625H100	596,585	5,287	SH		SOLE		5,287	0	5,287
JOHNSON N JOHNSON COM	COM	478160104	369,190	2,672	SH		SOLE		2,672	0	2,672
KEYSIGHT TECHNOLOGIES INC COM	COM	49338L103	322,452	4,865	SH		SOLE		4,865	0	4,865
KRAFT HEINZ CO COM STK	COM	500754106	247,995	4,500	SH		SOLE		4,500	0	4,500
KRANESHARES TR CSI CHINA INTERNET ETF	CSI CHI INTERNET	500767306	1,005,594	20,598	SH		SOLE		20,598	0	20,598
LAM RESEARCH CORP	COM	512807108	816,905	5,385	SH		SOLE		5,385	0	5,385
LOCKHEED MARTIN CORP COM	COM	539830109	1,405,981	4,064	SH		SOLE		4,064	0	4,064
MASTERCARD INC CL A COM	CL A	57636Q104	389,122	1,748	SH		SOLE		1,748	0	1,748
MEDNAX INC COM	COM	58502B106	6,370,958	136,540	SH		SOLE		136,540	0	136,540
MICROSOFT CORP COM	COM	594918104	2,844,303	24,869	SH		SOLE		24,869	0	24,869
MICRON TECHNOLOGY INC COM	COM	595112103	408,789	9,038	SH		SOLE		9,038	0	9,038
MOTUS GI HLDGS INC COM	COM	62014P108	151,725	29,750	SH		SOLE		29,750	0	29,750
NETFLIX INC COM	COM	64110L106	2,690,369	7,191	SH		SOLE		7,191	0	7,191
NIKE INC CL B	CL B	654106103	388,441	4,585	SH		SOLE		4,585	0	4,585
NOKIA CORP SPONSORED ADR	SPONSORED ADR	654902204	8,095,301	1,450,770	SH		SOLE		1,450,770	0	1,450,770
NVIDIA CORP COM	COM	67066G104	739,714	2,632	SH		SOLE		2,632	0	2,632
NUVEEN DIVID ADVANTAGE MUN FD COM	COM	67066V101	204,218	15,967	SH		SOLE		15,967	0	15,967
OI S A SPONSORED ADR NEW 2016	SPONSORED ADR NE	670851500	42,596	15,603	SH		SOLE		15,603	0	15,603
OWENS ILLINOIS INC	COM NEW	690768403	4,608,251	245,250	SH		SOLE		245,250	0	245,250
PG E CORP COM	COM	69331C108	204,745	4,450	SH		SOLE		4,450	0	4,450
PACWEST BANCORP DEL COM	COM	695263103	859,558	18,039	SH		SOLE		18,039	0	18,039
PALO ALTO NETWORKS INC COM	COM	697435105	729,842	3,240	SH		SOLE		3,240	0	3,240
PAYPAL HLDGS INC COM	COM	70450Y103	1,102,392	12,550	SH		SOLE		12,550	0	12,550
PETROLEO BRASILEIRO SA PETROBRAS SPONSORED ADR	SPONSORED ADR	71654V408	14,452,318	1,197,375	SH		SOLE		1,197,375	0	1,197,375
PFIZER INC COM	COM	717081103	429,550	9,747	SH		SOLE		9,747	0	9,747
PROCTER & GAMBLE CO COM	COM	742718109	311,280	3,740	SH		SOLE		3,740	0	3,740
PROSHARES TR PROSHARES ULTRASHORT 20 YR TREAS NEW	PSHS ULTSH 20YR	74347B201	1,000,221	26,095	SH		SOLE		26,095	0	26,095
PROSHARES TR PROSHARES ULTRA SNP500	PSHS ULT SNP 500	74347R107	1,670,512	13,100	SH		SOLE		13,100	0	13,100
PROSHARES TR PROSHARES ULTRA QQQ	PSHS ULTRA QQQ	74347R206	1,020,090	10,132	SH		SOLE		10,132	0	10,132
PULMATRIX INC COM STK	COM	74584P103	5,342	14,437	SH		SOLE		14,437	0	14,437
PULTEGROUP INC COM	COM	745867101	5,599,014	226,040	SH		SOLE		226,040	0	226,040
QUALCOMM INC	COM	747525103	13,669,566	189,776	SH		SOLE		189,776	0	189,776
REALPAGE INC COM	COM	75606N109	351,906	5,340	SH		SOLE		5,340	0	5,340
SPDR SNP 500 ETF TR TR UNIT	TR UNIT	78462F103	4,176,675	14,367	SH		SOLE		14,367	0	14,367
SPDR GOLD TR GOLD SHS	GOLD SHS	78463V107	3,523,750	31,250	SH		SOLE		31,250	0	31,250
SPDR INDEX SHS FDS EURO STOXX 50 ETF	EURO STOXX 50	78463X202	485,226	12,679	SH		SOLE		12,679	0	12,679
SPDR SER TR SNP REGL BKG ETF	SNP REGL BKG	78464A698	598,954	10,080	SH		SOLE		10,080	0	10,080
SPDR SNP MIDCAP 400 ETF TR UNIT SER 1 STANDARD & POORS DEP RCPT	UTSER1 SNPDCRP	78467Y107	368,195	1,002	SH		SOLE		1,002	0	1,002
SALESFORCE COM INC COM STOCK	COM	79466L302	259,219	1,630	SH		SOLE		1,630	0	1,630
SANCHEZ ENERGY CORP COM	COM	79970Y105	607,890	264,300	SH		SOLE		264,300	0	264,300
SELECT SECTOR SPDR TR MATLS	SBI MATERIALS	81369Y100	1,023,160	17,662	SH		SOLE		17,662	0	17,662
SELECT SECTOR SPDR TR HEALTH CARE	SBI HEALTHCARE	81369Y209	286,116	3,007	SH		SOLE		3,007	0	3,007
SELECT SECTOR SPDR TR CONSUMER STAPLES	SBI CONS STPLS	81369Y308	285,721	5,298	SH		SOLE		5,298	0	5,298
SELECT SECTOR SPDR TR CONSUMER DISCRETIONARY TRANSN TO	SBI CONS DISCR	81369Y407	544,488	4,645	SH		SOLE		4,645	0	4,645
SELECT SECTOR SPDR TR ENERGY	ENERGY	81369Y506	1,724,448	22,768	SH		SOLE		22,768	0	22,768
SELECT SECTOR SPDR TR FINANCIAL	SBI INT FINL	81369Y605	1,788,122	64,834	SH		SOLE		64,834	0	64,834
SELECT SECTOR SPDR TR INDL	SBI INT INDS	81369Y704	675,494	8,616	SH		SOLE		8,616	0	8,616
SELECT SECTOR SPDR TR TECHNOLOGY	TECHNOLOGY	81369Y803	553,449	7,347	SH		SOLE		7,347	0	7,347
SENIOR HSG PPTYS TR SH BEN INT	SH BEN INT	81721M109	942,972	53,700	SH		SOLE		53,700	0	53,700
SIRIUS XM HLDGS INC COM	COM	82968B103	63,200	10,000	SH		SOLE		10,000	0	10,000
STARBUCKS CORP COM	COM	855244109	363,492	6,395	SH		SOLE		6,395	0	6,395
TERNIUM S A SPONS ADR	SPON ADR	880890108	393,770	13,000	SH		SOLE		13,000	0	13,000
TESLA MTRS INC COM	COM	88160R101	451,433	1,705	SH		SOLE		1,705	0	1,705
TRAVELERS COS INC COM	COM	89417E109	262,809	2,026	SH		SOLE		2,026	0	2,026
UNILEVER PLC SPON ADR NEW	SPON ADR NEW	904767704	473,677	8,617	SH		SOLE		8,617	0	8,617
UNITEDHEALTH GROUP INC COM	COM	91324P102	1,235,756	4,645	SH		SOLE		4,645	0	4,645
VALE S A ADR	ADR	91912E105	261,837	17,644	SH		SOLE		17,644	0	17,644
VANGUARD WORLD FDS VANGUARD HEALTH CARE ETF	HEALTH CAR ETF	92204A504	375,222	2,080	SH		SOLE		2,080	0	2,080
VANGUARD SCOTTSDALE FDS VANGUARD SHORT TERM GOVERNMENT BOND	SHORT TERM TREAS	92206C102	209,687	3,510	SH		SOLE		3,510	0	3,510
VANGUARD SCOTTSDALE FDS VANGUARD SHORT TERM CORPORATE BD INDEX FD	SHRT TRM CORP BD	92206C409	224,710	2,875	SH		SOLE		2,875	0	2,875
VANGUARD SCOTTSDALE FDS VANGUARD INTERMEDIATE TERM CORPORATE BOND INDEX ETF SHS	INT TERM COR BD	92206C870	218,431	2,615	SH		SOLE		2,615	0	2,615
VISA INC COM CL A	COM CL A	92826C839	695,226	4,632	SH		SOLE		4,632	0	4,632
VODAFONE GROUP PLC NEW SPONSORED ADR NO PAR	SPONSORED ADR	92857W308	333,225	15,356	SH		SOLE		15,356	0	15,356
WAL MART STORES INC COM	COM	931142103	1,122,883	11,957	SH		SOLE		11,957	0	11,957
WELLS FARGO CO NEW COM	COM	949746101	506,239	9,632	SH		SOLE		9,632	0	9,632
WESTERN DIGITAL CORP COM	COM	958102105	21,132,639	360,995	SH		SOLE		360,995	0	360,995
WISDOMTREE TR JAPAN HEDGED EQUITY FD	JAPN HEDE EQT	97717W851	1,316,220	22,713	SH		SOLE		22,713	0	22,713
WISDOMTREE TR EUROPE HEDGED EQUITY FD	EUROPE HEDGE EQ	97717X701	746,439	11,807	SH		SOLE		11,807	0	11,807
ZOETIS INC CL A	CL A	98978V103	421,176	4,600	SH		SOLE		4,600	0	4,600