Partners Capital Investment 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

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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
ACADIA Pharmaceuticals Inc	COM	004225108	2,129	39,823	SH		SOLE		39,823	0	0
Accenture PLC	SHS CLASS A	G1151C101	2,990	11,447	SH		SOLE		11,447	0	0
Activision Blizzard Inc	COM	00507V109	2,234	24,062	SH		SOLE		24,062	0	0
Adaptive Biotechnologies Corp	COM	00650F109	2,094	35,414	SH		SOLE		35,414	0	0
Advanced Drainage Systems Inc	COM	00790R104	2,184	26,129	SH		SOLE		26,129	0	0
Alexion Pharmaceuticals Inc	COM	015351109	26,568	170,043	SH		SOLE		170,043	0	0
Alibaba Group Holding Ltd	SPONSORED ADS	01609W102	9,019	38,752	SH		SOLE		38,752	0	0
Allogene Therapeutics Inc	COM	019770106	3,301	130,766	SH		SOLE		130,766	0	0
Ally Financial Inc	COM	02005N100	3,303	92,624	SH		SOLE		92,624	0	0
Alphabet Inc - Class A	CAP STK CL A	02079K305	2,696	1,538	SH		SOLE		1,538	0	0
Alphabet Inc	CAP STK CL C	02079K107	3,325	1,898	SH		SOLE		1,898	0	0
Altice USA Inc	CL A	02156K103	27,649	730,091	SH		SOLE		730,091	0	0
Amazon.com Inc	COM	023135106	50,912	15,632	SH		SOLE		15,632	0	0
American Express Co	COM	025816109	2,006	16,588	SH		SOLE		16,588	0	0
Apple Inc	COM	037833100	408	3,074	SH		SOLE		3,074	0	0
Applied Materials Inc	COM	038222105	2,387	27,661	SH		SOLE		27,661	0	0
BeiGene Ltd	SPONSORED ADR	07725L102	6,691	25,895	SH		SOLE		25,895	0	0
Booking Holdings Inc	COM	09857L108	5,230	2,348	SH		SOLE		2,348	0	0
Boston Scientific Corp	COM	101137107	21,270	591,642	SH		SOLE		591,642	0	0
Bristol-Myers Squibb Co	COM	110122108	332	5,357	SH		SOLE		5,357	0	0
CBRE Group Inc	CL A	12504L109	21,436	341,776	SH		SOLE		341,776	0	0
Centene Corp	COM	15135B101	18,869	314,324	SH		SOLE		314,324	0	0
Charter Communications Inc	CL A	16119P108	48,456	73,246	SH		SOLE		73,246	0	0
Citigroup Inc	COM NEW	172967424	47,003	762,301	SH		SOLE		762,301	0	0
Comcast Corp	COM SER A	20030N101	25,321	483,217	SH		SOLE		483,217	0	0
Constellation Brands Inc	CL A	21036P108	2,266	10,344	SH		SOLE		10,344	0	0
CSX Corp	COM	126408103	21,637	238,426	SH		SOLE		238,426	0	0
Discover Financial Services	COM	254709108	3,360	37,110	SH		SOLE		37,110	0	0
Expedia Inc	COM NEW	30212P303	24,010	181,343	SH		SOLE		181,343	0	0
Facebook Inc	CL A	30303M102	19,598	71,744	SH		SOLE		71,744	0	0
Fidelity National Information Services Inc	COM	31620M106	20,892	147,690	SH		SOLE		147,690	0	0
Twenty-First Century Fox Inc	CL B	90130A200	23,649	812,125	SH		SOLE		812,125	0	0
Guidewire Software Inc	COM	40171V100	45,666	354,743	SH		SOLE		354,743	0	0
HDFC Bank Ltd	SPONSORED ADS	40415F101	5,363	74,216	SH		SOLE		74,216	0	0
Health Care Select Sector SPDR Fund	SBI HEALTHCARE	81369Y209	36,683	323,373	SH		SOLE		323,373	0	0
Hilton Worldwide Holdings Inc	COM	43300A203	1,046	9,398	SH		SOLE		9,398	0	0
HubSpot Inc	COM	443573100	2,248	5,670	SH		SOLE		5,670	0	0
Incyte Corp	COM	45337C102	21,312	245,027	SH		SOLE		245,027	0	0
Invesco QQQ Trust Series 1	UNIT SER 1	46090E103	784	2,499	SH		SOLE		2,499	0	0
iQIYI Inc	SPONSORED ADS	46267X108	4,061	232,330	SH		SOLE		232,330	0	0
iShares 1-3 Year Treasury Bond ETF	1 3 YR TREAS BD	464287457	910	10,540	SH		SOLE		10,540	0	0
iShares 3-7 Year Treasury Bond ETF	3 7 YR TREAS BD	464288661	346	2,600	SH		SOLE		2,600	0	0
iShares 7-10 Year Treasury Bond ETF	BARCLAYS 7 10 YR	464287440	24,111	201,006	SH		SOLE		201,006	0	0
iShares Core MSCI EAFE ETF	CORE MSCI EAFE	46432F842	32,966	477,145	SH		SOLE		477,145	0	0
iShares Core MSCI Emerging Markets ETF	CORE MSCI EMKT	46434G103	57,470	926,333	SH		SOLE		926,333	0	0
iShares Core S&P 500 ETF	CORE S&P500 ETF	464287200	94,957	252,955	SH		SOLE		252,955	0	0
iShares Currency Hedged MSCI EAFE ETF	HDG MSCI EAFE	46434V803	60,128	1,973,353	SH		SOLE		1,973,353	0	0
iShares Currency Hedged MSCI Japan ETF	HDG MSCI JAPAN	46434V886	5,326	148,481	SH		SOLE		148,481	0	0
iShares Global Clean Energy ETF	GL CLEAN ENE ETF	464288224	2,636	93,350	SH		SOLE		93,350	0	0
iShares Global REIT ETF	GLOBAL REIT ETF	46434V647	20,077	838,968	SH		SOLE		838,968	0	0
iShares Gold Trust	ISHARES	464285105	60,140	3,317,152	SH		SOLE		3,317,152	0	0
iShares iBoxx $ High Yield Corporate Bond ETF	IBOXX HI YD ETF	464288513	3,410	39,061	SH		SOLE		39,061	0	0
iShares MSCI ACWI ETF	MSCI ACWI ETF	464288257	16,840	185,625	SH		SOLE		185,625	0	0
iShares MSCI Emerging Markets ETF	MSCI EMG MKT ETF	464287234	3,744	72,453	SH		SOLE		72,453	0	0
iShares MSCI USA Min Vol Factor ETF	MSCI MIN VOL ETF	46429B697	3,763	55,439	SH		SOLE		55,439	0	0
iShares Edge MSCI USA Momentum Factor ETF	USA MOMENTUM FCT	46432F396	596	3,697	SH		SOLE		3,697	0	0
iShares Russell 3000 ETF	RUSSELL 3000 ETF	464287689	1,431	6,401	SH		SOLE		6,401	0	0
iShares TIPS Bond ETF	TIPS BD ETF	464287176	40,418	316,629	SH		SOLE		316,629	0	0
JD.com Inc	SPON ADR CL A	47215P106	26,939	306,473	SH		SOLE		306,473	0	0
Johnson & Johnson	COM	478160104	138	875	SH		SOLE		875	0	0
JPMorgan Chase & Co	COM	46625H100	3,013	23,710	SH		SOLE		23,710	0	0
KKR & Co Inc	CL A	48251W104	45,317	1,119,225	SH		SOLE		1,119,225	0	0
KraneShares CSI China Internet ETF	CSI CHI INTERNET	500767306	16,886	219,893	SH		SOLE		219,893	0	0
Linde PLC	SHS	G5494J103	20,691	78,520	SH		SOLE		78,520	0	0
LKQ Corp	COM	501889208	25,206	715,259	SH		SOLE		715,259	0	0
Mastercard Inc	CL A	57636Q104	2,178	6,101	SH		SOLE		6,101	0	0
Microsoft Corp	COM	594918104	54,305	244,157	SH		SOLE		244,157	0	0
Morgan Stanley	COM NEW	617446448	47,585	694,373	SH		SOLE		694,373	0	0
Okta Inc	CL A	679295105	1,995	7,847	SH		SOLE		7,847	0	0
PayPal Holdings Inc	COM	70450Y103	27,337	116,725	SH		SOLE		116,725	0	0
Raytheon Technologies Corp	COM	75513E101	4,759	66,556	SH		SOLE		66,556	0	0
RealPage Inc	COM	75606N109	193	2,207	SH		SOLE		2,207	0	0
Rexford Industrial Realty Inc	COM	76169C100	76	1,550	SH		SOLE		1,550	0	0
salesforce.com Inc	COM	79466L302	21,455	96,412	SH		SOLE		96,412	0	0
Sea Ltd	SPONSORED ADS	81141R100	5,439	27,323	SH		SOLE		27,323	0	0
Seagate Technology PLC	SHS	G7945M107	43,151	694,185	SH		SOLE		694,185	0	0
Seattle Genetics Inc	COM	812578102	19,292	110,153	SH		SOLE		110,153	0	0
ServiceNow Inc	COM	81762P102	22,799	41,420	SH		SOLE		41,420	0	0
SPDR Gold Shares	GOLD SHS	78463V107	12,128	67,996	SH		SOLE		67,996	0	0
SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	MSCI EAFE FS ETF	78470E106	659	8,460	SH		SOLE		8,460	0	0
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	MSCI EMR MKT ETF	78470E205	671	8,689	SH		SOLE		8,689	0	0
SPDR S&P 500 ETF Trust	TR UNIT	78462F103	3,924	10,496	SH		SOLE		10,496	0	0
SPDR S&P 500 Fossil Fuel Reserves Free ETF	SPDR S&P 500 ETF	78468R796	1,331	14,311	SH		SOLE		14,311	0	0
SPDR S&P Bank ETF	S&P BK ETF	78464A797	21,480	513,626	SH		SOLE		513,626	0	0
SPDR S&P Regional Banking ETF	S&P REGL BKG	78464A698	9,982	192,141	SH		SOLE		192,141	0	0
Take-Two Interactive Software Inc	COM	874054109	2,705	13,018	SH		SOLE		13,018	0	0
TAL Education Group	SPONSORED ADS	874080104	5,118	71,576	SH		SOLE		71,576	0	0
Thermo Fisher Scientific Inc	COM	883556102	1,763	3,784	SH		SOLE		3,784	0	0
TJX Cos Inc/The	COM	872540109	2,307	33,788	SH		SOLE		33,788	0	0
TransDigm Group Inc	COM	893641100	45,977	74,294	SH		SOLE		74,294	0	0
Trip.com Group Ltd	ADS	89677Q107	5,207	154,382	SH		SOLE		154,382	0	0
Union Pacific Corp	COM	907818108	710	3,410	SH		SOLE		3,410	0	0
United Continental Holdings Inc	COM	910047109	18,055	417,453	SH		SOLE		417,453	0	0
UnitedHealth Group Inc	COM	91324P102	2,052	5,851	SH		SOLE		5,851	0	0
Vanguard Consumer Staples ETF	CONSUM STP ETF	92204A207	13,856	79,671	SH		SOLE		79,671	0	0
Vanguard ESG US Stock ETF	ESG US STK ETF	921910733	760	10,836	SH		SOLE		10,836	0	0
Vanguard Extended Market ETF	EXTEND MKT ETF	922908652	336	2,043	SH		SOLE		2,043	0	0
Vanguard Financials ETF	FINANCIALS ETF	92204A405	2,103	28,863	SH		SOLE		28,863	0	0
Vanguard FTSE Developed Markets ETF	FTSE DEV MKT ETF	921943858	8,745	185,240	SH		SOLE		185,240	0	0
Vanguard FTSE Emerging Markets ETF	FTSE EMR MKT ETF	922042858	4,374	87,280	SH		SOLE		87,280	0	0
Vanguard FTSE Europe ETF	FTSE EUROPE ETF	922042874	394	6,533	SH		SOLE		6,533	0	0
Vanguard Global ex-U.S. Real Estate ETF	GLB EX US ETF	922042676	383	7,057	SH		SOLE		7,057	0	0
Vanguard Health Care ETF	HEALTH CAR ETF	92204A504	20,439	91,355	SH		SOLE		91,355	0	0
Vanguard REIT ETF	REAL ESTATE ETF	922908553	380	4,473	SH		SOLE		4,473	0	0
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	41,595	121,024	SH		SOLE		121,024	0	0
Vanguard Short-Term Bond ETF	SHORT TRM BOND	921937827	4,394	53,000	SH		SOLE		53,000	0	0
Vanguard Short-Term Treasury ETF	SHORT TERM TREAS	92206C102	3,677	59,696	SH		SOLE		59,696	0	0
Vanguard Total World Stock ETF	TT WRLD ST ETF	922042742	24,199	261,388	SH		SOLE		261,388	0	0
Vanguard Value ETF	VALUE ETF	922908744	21,238	178,534	SH		SOLE		178,534	0	0
Vipshop Holdings Ltd	SPONSORED ADS A	92763W103	5,456	194,079	SH		SOLE		194,079	0	0
Visa Inc	COM CL A	92826C839	34,693	158,611	SH		SOLE		158,611	0	0
WR Grace & Co	COM	38388F108	19,543	356,501	SH		SOLE		356,501	0	0
Walt Disney Co/The	COM DISNEY	254687106	2,850	15,731	SH		SOLE		15,731	0	0
WisdomTree International Hedged Quality Dividend Growth Fund	ITL HDG QTLY DIV	97717X594	200	5,086	SH		SOLE		5,086	0	0
WisdomTree Japan Hedged Equity Fund	JAPN HEDGE EQT	97717W851	1,255	23,069	SH		SOLE		23,069	0	0
Xtrackers MSCI Europe Hedged Equity ETF	XTRACK MSCI EURP	233051853	7,912	264,434	SH		SOLE		264,434	0	0
Xtrackers MSCI Japan Hedged Equity ETF	XTRACK MSCI JAPN	233051507	11,985	261,738	SH		SOLE		261,738	0	0
Yum! Brands Inc	COM	988498101	1,003	9,237	SH		SOLE		9,237	0	0
ZTO Express Cayman Inc	SPONSORED ADS A	98980A105	5,076	174,066	SH		SOLE		174,066	0	0