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
Alexion Pharmaceuticals Inc	COM	015351109	1,056	8,833	SH		SOLE		8,833	0	0
Alliance Data Systems Corp	COM	018581108	1,398	5,514	SH		SOLE		5,514	0	0
Alphabet Inc	CAP STK CL A	02079K305	648	615	SH		SOLE		615	0	0
Amazon.com Inc	COM	023135106	1,489	1,273	SH		SOLE		1,273	0	0
Arch Capital Group Ltd	ORD	G0450A105	27,245	300,159	SH		SOLE		300,159	0	0
Baker Hughes a GE Co	COM	05722G100	735	23,221	SH		SOLE		23,221	0	0
Blackstone Mortgage Trust Inc	COM CL A	09257W100	348	10,827	SH		SOLE		10,827	0	0
CBRE Group Inc	CL A	12504L109	1,690	39,028	SH		SOLE		39,028	0	0
Charles Schwab Corp/The	COM	808513105	27,718	539,576	SH		SOLE		539,576	0	0
Charter Communications Inc	CL A NEW	16119P108	25,809	76,821	SH		SOLE		76,821	0	0
CNX Resources Corp	COM	12653C108	1,268	86,692	SH		SOLE		86,692	0	0
Comcast Corp	COM SER A	20030N101	141	3,531	SH		SOLE		3,531	0	0
CommScope Holding Co Inc	COM	20337X109	25,459	672,996	SH		SOLE		672,996	0	0
CONSOL Energy Inc	COM	20854L108	247	6,263	SH		SOLE		6,263	0	0
Constellation Brands Inc	CL A	21036P108	1,414	6,186	SH		SOLE		6,186	0	0
Eaton Vance Municipal Bond Fund	COM	27827X101	84	6,714	SH		SOLE		6,714	0	0
eBay Inc	COM	278642103	25,915	686,677	SH		SOLE		686,677	0	0
Encana Corp	COM	292505104	1,034	77,585	SH		SOLE		77,585	0	0
Equinix Inc	COM	29444U700	25,673	56,645	SH		SOLE		56,645	0	0
Exelixis Inc	COM NEW	30161Q104	1,314	43,237	SH		SOLE		43,237	0	0
Expedia Inc	COM NEW	30212P303	1,024	8,553	SH		SOLE		8,553	0	0
Express Scripts Holding Co	COM	30219G108	28,052	375,835	SH		SOLE		375,835	0	0
Ferrari NV	COM	N3167Y103	1,130	10,782	SH		SOLE		10,782	0	0
First Trust Cloud Computing ETF	ISE CLOUD COMP	33734X192	95	2,062	SH		SOLE		2,062	0	0
General Motors Co	COM	37045V100	1,420	34,642	SH		SOLE		34,642	0	0
Incyte Corp	COM	45337C102	861	9,092	SH		SOLE		9,092	0	0
iShares 7-10 Year Treasury Bond ETF	7-10 Y TR BD ETF	464287440	12	112	SH		SOLE		112	0	0
iShares Cohen & Steers REIT ETF	COHEN&STEER REIT	464287564	218	2,156	SH		SOLE		2,156	0	0
iShares Core MSCI Emerging Markets ETF	IBOXX HI YD ETF	46434G103	63,049	1,108,070	SH		SOLE		1,108,070	0	0
iShares Core S&P 500 ETF	CORE S&P500 ETF	464287200	63,842	237,463	SH		SOLE		237,463	0	0
iShares Currency Hedged MSCI EAFE ETF	HDG MSCI EAFE	46434V803	1,435	48,355	SH		SOLE		48,355	0	0
iShares Europe ETF	EUROPE ETF	464287861	871	18,436	SH		SOLE		18,436	0	0
iShares Global REIT ETF	GLOBAL REIT ETF	46434V647	999	38,302	SH		SOLE		38,302	0	0
iShares iBoxx $ High Yield Corporate Bond ETF	IBOXX HI YD ETF	464288513	1,920	22,007	SH		SOLE		22,007	0	0
iShares iBoxx $ Investment Grade Corporate Bond ETF	MSCI ACWI ETF	464287242	11,860	97,563	SH		SOLE		97,563	0	0
iShares MSCI EAFE ETF	MSCI EAFE ETF	464287465	12,677	180,299	SH		SOLE		180,299	0	0
iShares MSCI Emerging Markets Asia ETF	MSCI EM ASIA ETF	464286426	35	469	SH		SOLE		469	0	0
iShares MSCI Pacific ex Japan ETF	MSCI PAC JP ETF	464286665	4,953	103,609	SH		SOLE		103,609	0	0
iShares MSCI World ETF	MSCI WORLD ETF	464286392	345	3,918	SH		SOLE		3,918	0	0
iShares Russell 2000 ETF	RUSSELL 2000 ETF	464287655	3,523	23,110	SH		SOLE		23,110	0	0
iShares TIPS Bond ETF	TIPS BD ETF	464287176	598	5,242	SH		SOLE		5,242	0	0
JD.com Inc	SPON ADR CL A	47215P106	706	17,053	SH		SOLE		17,053	0	0
Johnson & Johnson	COM	478160104	25,670	183,722	SH		SOLE		183,722	0	0
JPMorgan Alerian MLP Index ETN	ALERIAN ML ETN	46625H365	8,513	309,911	SH		SOLE		309,911	0	0
Liberty Global PLC	SHS CL B	G5480U120	26,612	786,409	SH		SOLE		786,409	0	0
Liberty Media Corp-Liberty SiriusXM	COM A SIRIUSXM	531229409	129	3,262	SH		SOLE		3,262	0	0
Liberty Media Corp-Liberty SiriusXM	COM C SIRIUSXM	531229607	25,520	643,462	SH		SOLE		643,462	0	0
Microsoft Corp	COM	594918104	28,159	329,186	SH		SOLE		329,186	0	0
Morgan Stanley	COM NEW	617446448	1,414	26,941	SH		SOLE		26,941	0	0
Mylan NV	SHS EURO	N59465109	1,726	40,797	SH		SOLE		40,797	0	0
Netflix Inc	COM	64110L106	1,361	7,088	SH		SOLE		7,088	0	0
Nuveen AMT-Free Municipal Credit Income Fund	COM	67071L106	73	4,725	SH		SOLE		4,725	0	0
Nuveen Municipal Value Fund Inc	COM	670928100	144	14,200	SH		SOLE		14,200	0	0
NXP Semiconductors NV	COM	N6596X109	1,286	10,980	SH		SOLE		10,980	0	0
Pandora Media Inc	COM	698354107	723	149,923	SH		SOLE		149,923	0	0
Pioneer Natural Resources Co	COM	723787107	28,422	164,429	SH		SOLE		164,429	0	0
PowerShares Senior Loan Portfolio	SENIOR LN PORT	73936Q769	49	2,108	SH		SOLE		2,108	0	0
Praxair Inc	COM	74005P104	1,463	9,461	SH		SOLE		9,461	0	0
Priceline Group Inc/The	COM NEW	741503403	1,176	677	SH		SOLE		677	0	0
SBA Communications Corp	CL A	78410G104	1,328	8,130	SH		SOLE		8,130	0	0
Seattle Genetics Inc	COM	812578102	1,338	25,018	SH		SOLE		25,018	0	0
Tableau Software Inc	CL A	87336U105	902	13,031	SH		SOLE		13,031	0	0
Toronto-Dominion Bank/The	COM NEW	891160509	938	16,014	SH		SOLE		16,014	0	0
TransDigm Group Inc	COM	893641100	1,228	4,473	SH		SOLE		4,473	0	0
Twenty-First Century Fox Inc	CL B	90130A200	134	3,931	SH		SOLE		3,931	0	0
United Continental Holdings Inc	COM	910047109	1,332	19,766	SH		SOLE		19,766	0	0
Vanguard FTSE Emerging Markets ETF	FTSE EMR MKT ETF	922042858	43	937	SH		SOLE		937	0	0
Vanguard Global ex-U.S. Real Estate ETF	GLB EX US ETF	922042676	6,056	100,092	SH		SOLE		100,092	0	0
Vanguard Real Estate ETF	REIT ETF	922908553	5,702	68,713	SH		SOLE		68,713	0	0
Vanguard Total World Stock ETF	TT WRLD ST ETF	922042742	2,700	36,365	SH		SOLE		36,365	0	0
Vanguard Value ETF	VALUE ETF	922908744	4,485	42,188	SH		SOLE		42,188	0	0
ViaSat Inc	COM	92552V100	28,486	380,571	SH		SOLE		380,571	0	0
Visa Inc	COM CL A	92826C839	1,358	11,913	SH		SOLE		11,913	0	0
Voya Financial Inc	COM	929089100	1,595	32,244	SH		SOLE		32,244	0	0
Willis Towers Watson PLC	SHS	G96629103	1,386	9,200	SH		SOLE		9,200	0	0
WisdomTree Japan Hedged Equity Fund	JAPN HEDGE EQT	97717W851	18,108	305,204	SH		SOLE		305,204	0	0
Xtrackers MSCI Europe Hedged Equity ETF	COM SER c	233051853	4,362	153,479	SH		SOLE		153,479	0	0
Xtrackers MSCI Japan Hedged Equity ETF	XTRAK MSCI JAPN	233051507	15,294	346,892	SH		SOLE		346,892	0	0