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
Activision Blizzard Inc	COM	00507V109	2,715	40,253	SH		SOLE		40,253	0	0
Alexion Pharmaceuticals Inc	COM	015351109	2,173	19,494	SH		SOLE		19,494	0	0
Alliance Data Systems Corp	COM	018581108	2,595	12,193	SH		SOLE		12,193	0	0
Alphabet Inc	CAP STK CL A	02079K305	638	615	SH		SOLE		615	0	0
Amazon.com Inc	COM	023135106	4,064	2,808	SH		SOLE		2,808	0	0
Arch Capital Group Ltd	ORD	G0450A105	27,995	327,079	SH		SOLE		327,079	0	0
Baker Hughes a GE Co	COM	05722G100	55	1,984	SH		SOLE		1,984	0	0
Blackstone Mortgage Trust Inc	COM CL A	09257W100	347	11,039	SH		SOLE		11,039	0	0
Booking Holdings Inc	COM	09857L108	3,106	1,493	SH		SOLE		1,493	0	0
Brighthouse Financial Inc	COM	10922N103	2,145	41,734	SH		SOLE		41,734	0	0
CBRE Group Inc	CL A	12504L109	3,834	81,201	SH		SOLE		81,201	0	0
Charter Communications Inc	CL A NEW	16119P108	28,010	90,002	SH		SOLE		90,002	0	0
CNX Resources Corp	COM	12653C108	2,953	191,379	SH		SOLE		191,379	0	0
Comcast Corp	COM SER A	20030N101	121	3,544	SH		SOLE		3,544	0	0
CommScope Holding Co Inc	COM	20337X109	31,030	776,337	SH		SOLE		776,337	0	0
CONSOL Energy Inc	COM	20854L108	687	23,710	SH		SOLE		23,710	0	0
Constellation Brands Inc	CL A	21036P108	3,111	13,651	SH		SOLE		13,651	0	0
Eaton Vance Municipal Bond Fund	COM	27827X101	81	6,827	SH		SOLE		6,827	0	0
eBay Inc	COM	278642103	31,505	782,929	SH		SOLE		782,929	0	0
Encana Corp	COM	292505104	2,921	265,523	SH		SOLE		265,523	0	0
Equinix Inc	COM	29444U700	27,155	64,944	SH		SOLE		64,944	0	0
Exelixis Inc	COM NEW	30161Q104	2,114	95,427	SH		SOLE		95,427	0	0
Expedia Group Inc	COM NEW	30212P303	2,088	18,909	SH		SOLE		18,909	0	0
Express Scripts Holding Co	COM	30219G108	1,465	21,201	SH		SOLE		21,201	0	0
Ferrari NV	COM	N3167Y103	2,868	23,797	SH		SOLE		23,797	0	0
First Trust Cloud Computing ETF	ISE CLOUD COMP	33734X192	100	2,063	SH		SOLE		2,063	0	0
General Motors Co	COM	37045V100	2,800	77,047	SH		SOLE		77,047	0	0
Incyte Corp	COM	45337C102	1,672	20,067	SH		SOLE		20,067	0	0
iShares 7-10 Year Treasury Bond ETF	7-10 Y TR BD ETF	464287440	12	112	SH		SOLE		112	0	0
iShares TIPS Bond ETF	TIPS BD ETF	464287176	1,291	11,418	SH		SOLE		11,418	0	0
iShares Cohen & Steers REIT ETF	COHEN&STEER REIT	464287564	265	2,843	SH		SOLE		2,843	0	0
iShares Core MSCI Emerging Markets ETF	IBOXX HI YD ETF	46434G103	82,063	1,405,186	SH		SOLE		1,405,186	0	0
iShares Global REIT ETF	GLOBAL REIT ETF	46434V647	15,190	618,494	SH		SOLE		618,494	0	0
iShares iBoxx $ High Yield Corporate Bond ETF	IBOXX HI YD ETF	464288513	2,314	27,020	SH		SOLE		27,020	0	0
iShares iBoxx $ Investment Grade Corporate Bond ETF	MSCI ACWI ETF	464287242	11,569	98,556	SH		SOLE		98,556	0	0
iShares MSCI EAFE ETF	MSCI EAFE ETF	464287465	12,902	185,166	SH		SOLE		185,166	0	0
iShares MSCI Emerging Markets Asia ETF	MSCI EM ASIA ETF	464286426	35	469	SH		SOLE		469	0	0
iShares Currency Hedged MSCI EAFE ETF	HDG MSCI EAFE	46434V803	2,329	81,090	SH		SOLE		81,090	0	0
iShares MSCI Pacific ex Japan ETF	MSCI PAC JP ETF	464286665	4,916	105,812	SH		SOLE		105,812	0	0
iShares MSCI World ETF	MSCI WORLD ETF	464286392	271	3,115	SH		SOLE		3,115	0	0
iShares Russell 2000 ETF	RUSSELL 2000 ETF	464287655	3,509	23,110	SH		SOLE		23,110	0	0
iShares Core S&P 500 ETF	CORE S&P500 ETF	464287200	95,299	359,116	SH		SOLE		359,116	0	0
iShares Europe ETF	EUROPE ETF	464287861	865	18,556	SH		SOLE		18,556	0	0
iShares S&P GSCI Commodity Indexed Trust	UNIT BEN INT	46428R107	73	4,373	SH		SOLE		4,373	0	0
JD.com Inc	SPON ADR CL A	47215P106	2,636	65,097	SH		SOLE		65,097	0	0
Johnson & Johnson	COM	478160104	26,828	209,350	SH		SOLE		209,350	0	0
JPMorgan Alerian MLP Index ETN	ALERIAN ML ETN	46625H365	6,152	256,349	SH		SOLE		256,349	0	0
Kinder Morgan Inc/DE	COM	49456B101	28,317	1,880,294	SH		SOLE		1,880,294	0	0
Liberty Global PLC	SHS CL B	G5480U120	27,911	917,231	SH		SOLE		917,231	0	0
Liberty Media Corp-Liberty SiriusXM	COM A SIRIUSXM	531229409	134	3,262	SH		SOLE		3,262	0	0
Liberty Media Corp-Liberty SiriusXM	COM C SIRIUSXM	531229607	28,905	707,591	SH		SOLE		707,591	0	0
Microsoft Corp	COM	594918104	34,732	380,544	SH		SOLE		380,544	0	0
Morgan Stanley	COM NEW	617446448	3,208	59,459	SH		SOLE		59,459	0	0
Mylan NV	SHS EURO	N59465109	3,707	90,047	SH		SOLE		90,047	0	0
Nuveen AMT-Free Municipal Credit Income Fund	COM	67071L106	70	4,795	SH		SOLE		4,795	0	0
Nuveen Municipal Value Fund Inc	COM	670928100	136	14,336	SH		SOLE		14,336	0	0
Pioneer Natural Resources Co	COM	723787107	32,244	187,705	SH		SOLE		187,705	0	0
PowerShares Senior Loan Portfolio	SENIOR LN PORT	73936Q769	49	2,128	SH		SOLE		2,128	0	0
Praxair Inc	COM	74005P104	3,025	20,963	SH		SOLE		20,963	0	0
SBA Communications Corp	CL A	78410G104	3,067	17,944	SH		SOLE		17,944	0	0
Charles Schwab Corp/The	COM	808513105	30,750	588,847	SH		SOLE		588,847	0	0
Seattle Genetics Inc	COM	812578102	2,890	55,223	SH		SOLE		55,223	0	0
SPDR Gold Shares	GOLD SHS	78463V107	1,548	12,310	SH		SOLE		12,310	0	0
Tableau Software Inc	CL A	87336U105	3,604	44,592	SH		SOLE		44,592	0	0
Toronto-Dominion Bank/The	COM NEW	891160509	3,116	54,804	SH		SOLE		54,804	0	0
TransDigm Group Inc	COM	893641100	3,030	9,872	SH		SOLE		9,872	0	0
Twenty-First Century Fox Inc	CL B	90130A200	143	3,931	SH		SOLE		3,931	0	0
United Continental Holdings Inc	COM	910047109	3,031	43,631	SH		SOLE		43,631	0	0
Vanguard FTSE Emerging Markets ETF	FTSE EMR MKT ETF	922042858	44	937	SH		SOLE		937	0	0
Vanguard Global ex-U.S. Real Estate ETF	GLB EX US ETF	922042676	470	7,711	SH		SOLE		7,711	0	0
Vanguard Real Estate ETF	REIT ETF	922908553	451	5,977	SH		SOLE		5,977	0	0
Vanguard Total World Stock ETF	TT WRLD ST ETF	922042742	2,496	33,893	SH		SOLE		33,893	0	0
Vanguard Value ETF	VALUE ETF	922908744	7,906	76,621	SH		SOLE		76,621	0	0
ViaSat Inc	COM	92552V100	26,721	406,584	SH		SOLE		406,584	0	0
Visa Inc	COM CL A	92826C839	3,149	26,324	SH		SOLE		26,324	0	0
Voya Financial Inc	COM	929089100	3,595	71,179	SH		SOLE		71,179	0	0
Willis Towers Watson PLC	SHS	G96629103	131	858	SH		SOLE		858	0	0
WisdomTree Japan Hedged Equity Fund	JAPN HEDGE EQT	97717W851	20,921	373,515	SH		SOLE		373,515	0	0
Workday Inc	CL A	98138H101	2,951	23,217	SH		SOLE		23,217	0	0
Xtrackers MSCI Europe Hedged Equity ETF	COM SER c	233051853	4,518	164,588	SH		SOLE		164,588	0	0
Xtrackers MSCI Japan Hedged Equity ETF	XTRAK MSCI JAPN	233051507	10,600	250,188	SH		SOLE		250,188	0	0