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	2,247	87,111	SH		SOLE		87,111	0	0
Accenture PLC	SHS CLASS A	G1151C101	3,162	11,447	SH		SOLE		11,447	0	0
Adaptive Biotechnologies Corp	COM	00650F109	2,408	59,807	SH		SOLE		59,807	0	0
Adobe Inc	COM	00724F101	2,433	5,119	SH		SOLE		5,119	0	0
Advanced Drainage Systems Inc	COM	00790R104	3,011	29,123	SH		SOLE		29,123	0	0
Alibaba Group Holding Ltd	SPONSORED ADS	01609W102	4,226	18,639	SH		SOLE		18,639	0	0
Allogene Therapeutics Inc	COM	019770106	3,733	105,754	SH		SOLE		105,754	0	0
Alphabet Inc - Class A	CAP STK CL A	02079K305	2,646	1,283	SH		SOLE		1,283	0	0
Alphabet Inc	CAP STK CL C	02079K107	3,926	1,898	SH		SOLE		1,898	0	0
Altice USA Inc	CL A	02156K103	23,967	736,762	SH		SOLE		736,762	0	0
Amazon.com Inc	COM	023135106	53,540	17,304	SH		SOLE		17,304	0	0
Analog Devices Inc	COM	032654105	2,359	15,212	SH		SOLE		15,212	0	0
Applied Materials Inc	COM	038222105	3,369	25,215	SH		SOLE		25,215	0	0
Autodesk Inc	COM	052769106	5,399	19,482	SH		SOLE		19,482	0	0
Becton Dickinson and Co	COM	075887109	1,825	7,506	SH		SOLE		7,506	0	0
BeiGene Ltd	SPONSORED ADR	07725L102	37,264	107,057	SH		SOLE		107,057	0	0
Booking Holdings Inc	COM	09857L108	5,263	2,259	SH		SOLE		2,259	0	0
Boston Scientific Corp	COM	101137107	25,459	658,698	SH		SOLE		658,698	0	0
Bristol-Myers Squibb Co	COM	110122108	338	5,357	SH		SOLE		5,357	0	0
CBRE Group Inc	CL A	12504L109	27,614	349,059	SH		SOLE		349,059	0	0
Centene Corp	COM	15135B101	20,290	317,484	SH		SOLE		317,484	0	0
Charter Communications Inc	CL A	16119P108	40,404	65,483	SH		SOLE		65,483	0	0
Chubb Ltd	COM	H1467J104	2,178	13,789	SH		SOLE		13,789	0	0
Citigroup Inc	COM NEW	172967424	57,370	788,587	SH		SOLE		788,587	0	0
CME Group Inc	COM	12572Q105	1,939	9,494	SH		SOLE		9,494	0	0
Colgate-Palmolive Co	COM	194162103	1,137	14,422	SH		SOLE		14,422	0	0
Comcast Corp	COM SER A	20030N101	21,420	395,864	SH		SOLE		395,864	0	0
CSX Corp	COM	126408103	23,972	248,625	SH		SOLE		248,625	0	0
Duck Creek Technologies Inc	SHS	264120106	36	806	SH		SOLE		806	0	0
Edwards Lifesciences Corp	COM	28176E108	1,926	23,025	SH		SOLE		23,025	0	0
Estee Lauder Cos Inc/The	CL A	518439104	4,045	13,906	SH		SOLE		13,906	0	0
Expedia Inc	COM NEW	30212P303	31,499	183,006	SH		SOLE		183,006	0	0
Facebook Inc	CL A	30303M102	21,343	72,465	SH		SOLE		72,465	0	0
Fidelity National Information Services Inc	COM	31620M106	23,735	168,801	SH		SOLE		168,801	0	0
FlexShares Global Upstream Natural Resources Index Fund	MORNSTAR UPSTR	33939L407	80	2,218	SH		SOLE		2,218	0	0
Guidewire Software Inc	COM	40171V100	35,417	348,487	SH		SOLE		348,487	0	0
HDFC Bank Ltd	SPONSORED ADS	40415F101	5,766	74,216	SH		SOLE		74,216	0	0
Health Care Select Sector SPDR Fund	SBI HEALTHCARE	81369Y209	37,785	323,668	SH		SOLE		323,668	0	0
Hilton Worldwide Holdings Inc	COM	43300A203	2,483	20,532	SH		SOLE		20,532	0	0
HubSpot Inc	COM	443573100	2,870	6,319	SH		SOLE		6,319	0	0
Incyte Corp	COM	45337C102	20,118	247,545	SH		SOLE		247,545	0	0
Intuitive Surgical Inc	COM NEW	46120E602	2,051	2,776	SH		SOLE		2,776	0	0
Invesco QQQ Trust Series 1	UNIT SER 1	46090E103	798	2,502	SH		SOLE		2,502	0	0
iQIYI Inc	SPONSORED ADS	46267X108	4,920	296,019	SH		SOLE		296,019	0	0
iShares 1-3 Year Treasury Bond ETF	1 3 YR TREAS BD	464287457	1,884	21,847	SH		SOLE		21,847	0	0
iShares 7-10 Year Treasury Bond ETF	BARCLAYS 7 10 YR	464287440	35,880	317,719	SH		SOLE		317,719	0	0
iShares TIPS Bond ETF	TIPS BD ETF	464287176	66,617	530,812	SH		SOLE		530,812	0	0
iShares Core MSCI EAFE ETF	CORE MSCI EAFE	46432F842	18,522	257,065	SH		SOLE		257,065	0	0
iShares Core MSCI Emerging Markets ETF	CORE MSCI EMKT	46434G103	23,944	372,030	SH		SOLE		372,030	0	0
iShares Core MSCI International Developed Markets ETF	CORE MSCI INTL	46435G326	9,372	145,078	SH		SOLE		145,078	0	0
iShares Core S&P 500 ETF	CORE S&P500 ETF	464287200	69,000	173,445	SH		SOLE		173,445	0	0
iShares Core S&P Total US Stock Market ETF	CORE S&P TTL STK	464287150	36,923	403,093	SH		SOLE		403,093	0	0
iShares Currency Hedged MSCI Japan ETF	HDG MSCI JAPAN	46434V886	5,800	148,995	SH		SOLE		148,995	0	0
iShares MSCI USA Min Vol Factor ETF	MSCI MIN VOL ETF	46429B697	3,836	55,439	SH		SOLE		55,439	0	0
iShares Edge MSCI USA Momentum Factor ETF	USA MOMENTUM FCT	46432F396	595	3,697	SH		SOLE		3,697	0	0
iShares MSCI USA Quality Factor ETF	MSCI USA QLT FCT	46432F339	365	3,000	SH		SOLE		3,000	0	0
iShares MSCI USA Value Factor ETF	MSCI USA VALUE	46432F388	4,527	44,179	SH		SOLE		44,179	0	0
iShares Trust iShares ESG Aware MSCI EAFE ETF	ESG AW MSCI EAFE	46435G516	14,107	185,869	SH		SOLE		185,869	0	0
iShares Inc iShares ESG Aware MSCI EM ETF	ESG AWR MSCI EM	46434G863	6,098	140,805	SH		SOLE		140,805	0	0
iShares ESG Aware MSCI USA ETF	ESG AWR MSCI USA	46435G425	27,036	297,526	SH		SOLE		297,526	0	0
iShares Global Clean Energy ETF	GL CLEAN ENE ETF	464288224	1,327	54,601	SH		SOLE		54,601	0	0
iShares Global REIT ETF	GLOBAL REIT ETF	46434V647	24,916	977,856	SH		SOLE		977,856	0	0
iShares Gold Trust	ISHARES	464285105	55,039	3,384,914	SH		SOLE		3,384,914	0	0
iShares iBoxx $ High Yield Corporate Bond ETF	IBOXX HI YD ETF	464288513	5,637	64,657	SH		SOLE		64,657	0	0
iShares Intermediate Government/Credit Bond ETF	INTRM GOV CR ETF	464288612	339	2,954	SH		SOLE		2,954	0	0
iShares MSCI ACWI ETF	MSCI ACWI ETF	464288257	3,729	39,187	SH		SOLE		39,187	0	0
iShares MSCI Emerging Markets ETF	MSCI EMG MKT ETF	464287234	3,865	72,453	SH		SOLE		72,453	0	0
iShares Currency Hedged MSCI EAFE ETF	HDG MSCI EAFE	46434V803	100,449	3,046,669	SH		SOLE		3,046,669	0	0
iShares MSCI United Kingdom Small-Cap ETF	MSCI UK SM ETF	46429B416	2,954	64,800	SH		SOLE		64,800	0	0
iShares Russell 3000 ETF	RUSSELL 3000 ETF	464287689	1,519	6,401	SH		SOLE		6,401	0	0
JD.com Inc	SPON ADR CL A	47215P106	26,486	314,078	SH		SOLE		314,078	0	0
JFrog Ltd	ORD SHS	M6191J100	28	622	SH		SOLE		622	0	0
JPMorgan Chase & Co	COM	46625H100	4,699	30,871	SH		SOLE		30,871	0	0
KKR & Co Inc	CL A	48251W104	53,699	1,099,261	SH		SOLE		1,099,261	0	0
KraneShares CSI China Internet ETF	CSI CHI INTERNET	500767306	15,742	206,183	SH		SOLE		206,183	0	0
Kronos Bio Inc	COM	50107A104	15,440	527,500	SH		SOLE		527,500	0	0
Linde PLC	SHS	G5494J103	22,237	79,378	SH		SOLE		79,378	0	0
LKQ Corp	COM	501889208	29,599	699,237	SH		SOLE		699,237	0	0
Mastercard Inc	CL A	57636Q104	2,198	6,173	SH		SOLE		6,173	0	0
Match Group Inc	COM	57667L107	2,139	15,567	SH		SOLE		15,567	0	0
McDonald's Corp	COM	580135101	2,116	9,442	SH		SOLE		9,442	0	0
Micron Technology Inc	COM	595112103	2,465	27,941	SH		SOLE		27,941	0	0
Microsoft Corp	COM	594918104	59,656	253,025	SH		SOLE		253,025	0	0
Moody's Corp	COM	615369105	2,410	8,072	SH		SOLE		8,072	0	0
NIKE Inc	CL B	654106103	3,632	27,329	SH		SOLE		27,329	0	0
Okta Inc	CL A	679295105	2,353	10,673	SH		SOLE		10,673	0	0
PayPal Holdings Inc	COM	70450Y103	28,575	117,671	SH		SOLE		117,671	0	0
PepsiCo Inc	COM	713448108	1,828	12,923	SH		SOLE		12,923	0	0
Pinduoduo Inc	SPONSORED ADS	722304102	4,872	36,389	SH		SOLE		36,389	0	0
Raytheon Technologies Corp	COM	75513E101	5,167	66,871	SH		SOLE		66,871	0	0
Rexford Industrial Realty Inc	COM	76169C100	78	1,550	SH		SOLE		1,550	0	0
S&P Global Inc	COM	78409V104	2,575	7,297	SH		SOLE		7,297	0	0
salesforce.com Inc	COM	79466L302	21,509	101,520	SH		SOLE		101,520	0	0
Schwab US TIPS ETF	US TIPS ETF	808524870	3,364	55,005	SH		SOLE		55,005	0	0
Sea Ltd	SPONSORED ADS	81141R100	6,099	27,323	SH		SOLE		27,323	0	0
Seagate Technology PLC	SHS	G7945M107	52,398	682,706	SH		SOLE		682,706	0	0
Seattle Genetics Inc	COM	812578102	15,455	111,300	SH		SOLE		111,300	0	0
ServiceNow Inc	COM	81762P102	23,948	47,885	SH		SOLE		47,885	0	0
SPDR Gold Shares	GOLD SHS	78463V107	11,491	71,839	SH		SOLE		71,839	0	0
SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	MSCI EAFE FS ETF	78470E106	1,807	22,512	SH		SOLE		22,512	0	0
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	MSCI EMR MKT ETF	78470E205	691	8,689	SH		SOLE		8,689	0	0
SPDR S&P 500 ETF Trust	TR UNIT	78462F103	8,705	21,963	SH		SOLE		21,963	0	0
SPDR S&P 500 Fossil Fuel Reserves Free ETF	SPDR S&P 500 ETF	78468R796	704	7,165	SH		SOLE		7,165	0	0
SPDR S&P Regional Banking ETF	S&P REGL BKG	78464A698	12,811	193,112	SH		SOLE		193,112	0	0
Stryker Corp	COM	863667101	1,745	7,166	SH		SOLE		7,166	0	0
T-Mobile US Inc	COM	872590104	26,247	209,486	SH		SOLE		209,486	0	0
Taiwan Semiconductor Manufacturing Co Ltd	SPONSORED ADS	874039100	2,063	17,445	SH		SOLE		17,445	0	0
TAL Education Group	SPONSORED ADS	874080104	4,923	91,415	SH		SOLE		91,415	0	0
Target Corp	COM	87612E106	2,606	13,156	SH		SOLE		13,156	0	0
TransDigm Group Inc	COM	893641100	42,933	73,025	SH		SOLE		73,025	0	0
Trinity Industries Inc	COM	896522109	179	6,276	SH		SOLE		6,276	0	0
Trip.com Group Ltd	ADS	89677Q107	6,118	154,382	SH		SOLE		154,382	0	0
Twenty-First Century Fox Inc	CL B	90130A200	28,373	785,742	SH		SOLE		785,742	0	0
Union Pacific Corp	COM	907818108	22,817	103,520	SH		SOLE		103,520	0	0
United Continental Holdings Inc	COM	910047109	24,262	421,648	SH		SOLE		421,648	0	0
UnitedHealth Group Inc	COM	91324P102	2,202	5,919	SH		SOLE		5,919	0	0
Vanguard Consumer Staples ETF	CONSUM STP ETF	92204A207	3,939	22,101	SH		SOLE		22,101	0	0
Vanguard ESG US Stock ETF	ESG US STK ETF	921910733	799	10,836	SH		SOLE		10,836	0	0
Vanguard Extended Market ETF	EXTEND MKT ETF	922908652	362	2,049	SH		SOLE		2,049	0	0
Vanguard FTSE Developed Markets ETF	FTSE DEV MKT ETF	921943858	10,185	207,383	SH		SOLE		207,383	0	0
Vanguard FTSE Emerging Markets ETF	FTSE EMR MKT ETF	922042858	6,558	126,001	SH		SOLE		126,001	0	0
Vanguard FTSE Europe ETF	FTSE EUROPE ETF	922042874	412	6,533	SH		SOLE		6,533	0	0
Vanguard Global ex-U.S. Real Estate ETF	GLB EX US ETF	922042676	1,028	18,438	SH		SOLE		18,438	0	0
Vanguard Health Care ETF	HEALTH CAR ETF	92204A504	20,897	91,355	SH		SOLE		91,355	0	0
Vanguard Intermediate-Term Treasury ETF	INTER TERM TREAS	92206C706	4,194	62,378	SH		SOLE		62,378	0	0
Vanguard REIT ETF	REAL ESTATE ETF	922908553	3,241	35,277	SH		SOLE		35,277	0	0
Vanguard S&P 500 ETF	S&P 500 ETF SHS	922908363	258,188	708,724	SH		SOLE		708,724	0	0
Vanguard Short-Term Treasury ETF	SHORT TERM TREAS	92206C102	2,952	47,985	SH		SOLE		47,985	0	0
Vanguard Total World Stock ETF	TT WRLD ST ETF	922042742	18,131	186,360	SH		SOLE		186,360	0	0
Vanguard Value ETF	VALUE ETF	922908744	30,181	229,582	SH		SOLE		229,582	0	0
Vipshop Holdings Ltd	SPONSORED ADS A	92763W103	5,795	194,079	SH		SOLE		194,079	0	0
Visa Inc	COM CL A	92826C839	31,638	149,424	SH		SOLE		149,424	0	0
Walt Disney Co/The	COM DISNEY	254687106	5,244	28,419	SH		SOLE		28,419	0	0
WisdomTree International Hedged Quality Dividend Growth Fund	ITL HDG QTLY DIV	97717X594	206	5,000	SH		SOLE		5,000	0	0
WisdomTree Japan Hedged Equity Fund	JAPN HEDGE EQT	97717W851	1,415	23,069	SH		SOLE		23,069	0	0
Xtrackers Harvest CSI 300 China A-Shares ETF	XTRACK HRVST CSI	233051879	4,074	105,502	SH		SOLE		105,502	0	0
Xtrackers MSCI Europe Hedged Equity ETF	XTRACK MSCI EURP	233051853	5,977	184,364	SH		SOLE		184,364	0	0
Xtrackers MSCI Japan Hedged Equity ETF	XTRACK MSCI JAPN	233051507	11,890	238,409	SH		SOLE		238,409	0	0
Yum! Brands Inc	COM	988498101	2,363	21,843	SH		SOLE		21,843	0	0
Zai Lab Ltd	ADR	98887Q104	5,177	38,802	SH		SOLE		38,802	0	0
Zoetis Inc	CL A	98978V103	3,418	21,707	SH		SOLE		21,707	0	0
ZTO Express Cayman Inc	SPONSORED ADS A	98980A105	5,460	187,305	SH		SOLE		187,305	0	0