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
58.com Inc	SPON ADR REP A	31680Q104	8,289	126,200	SH		SOLE		126,200	0	0
Activision Blizzard Inc	COM	00507V109	5,165	113,436	SH		SOLE		113,436	0	0
Alexion Pharmaceuticals Inc	COM	015351109	6,411	47,429	SH		SOLE		47,429	0	0
Alliance Data Systems Corp	COM	018581108	32,947	188,290	SH		SOLE		188,290	0	0
Alphabet Inc	CAP STK CL A	02079K305	72	61	SH		SOLE		61	0	0
Amazon.com Inc	COM	023135106	41,953	23,559	SH		SOLE		23,559	0	0
Anthem Inc	COM	036752103	6,189	21,565	SH		SOLE		21,565	0	0
Arch Capital Group Ltd	ORD	G0450A105	1,289	39,891	SH		SOLE		39,891	0	0
Booking Holdings Inc	COM	09857L108	41,133	23,573	SH		SOLE		23,573	0	0
Brighthouse Financial Inc	COM	10922N103	5,236	144,279	SH		SOLE		144,279	0	0
Canadian Pacific Railway Ltd	COM	13645T100	12,761	61,938	SH		SOLE		61,938	0	0
Cargurus Inc	COM CL A	141788109	7,076	176,639	SH		SOLE		176,639	0	0
CBRE Group Inc	CL A	12504L109	6,874	138,999	SH		SOLE		138,999	0	0
Charter Communications Inc	CL A NEW	16119P108	506	1,459	SH		SOLE		1,459	0	0
Citigroup Inc	COM NEW	172967424	35,390	568,789	SH		SOLE		568,789	0	0
CNX Resources Corp	COM	20854P109	4,594	426,529	SH		SOLE		426,529	0	0
CommScope Holding Co Inc	COM	20337X109	503	23,140	SH		SOLE		23,140	0	0
eBay Inc	COM	278642103	514	13,841	SH		SOLE		13,841	0	0
Encana Corp	COM	292505104	56	7,785	SH		SOLE		7,785	0	0
Exelixis Inc	COM NEW	30161Q104	67	2,798	SH		SOLE		2,798	0	0
Expedia Group Inc	COM NEW	30212P303	5,825	48,950	SH		SOLE		48,950	0	0
Ferrari NV	COM	N3167Y103	7,195	53,772	SH		SOLE		53,772	0	0
General Motors Co	COM	37045V100	6,080	163,879	SH		SOLE		163,879	0	0
Guidewire Software Inc	COM	40171V100	37,234	383,220	SH		SOLE		383,220	0	0
HDFC Bank Ltd	SPONSORED ADS	40415F101	8,045	69,408	SH		SOLE		69,408	0	0
Incyte Corp	COM	45337C102	7,699	89,516	SH		SOLE		89,516	0	0
iShares 7-10 Year Treasury Bond ETF	7-10 Y TR BD ETF	464287440	12	115	SH		SOLE		115	0	0
iShares TIPS Bond ETF	TIPS BD ETF	464287176	3,476	30,744	SH		SOLE		30,744	0	0
iShares Core MSCI Emerging Markets ETF	IBOXX HI YD ETF	46434G103	44,252	855,775	SH		SOLE		855,775	0	0
iShares Core S&P 500 ETF	CORE S&P500 ETF	464287200	105,091	369,309	SH		SOLE		369,309	0	0
iShares Global Clean Energy ETF	GL CLEAN ENE ETF	464288224	797	81,700	SH		SOLE		81,700	0	0
iShares Global REIT ETF	GLOBAL REIT ETF	46434V647	18,991	710,729	SH		SOLE		710,729	0	0
iShares Gold Trust	ISHARES	464285105	20,531	1,658,376	SH		SOLE		1,658,376	0	0
iShares iBoxx High Yield Corporate Bond ETF	IBOXX HI YD ETF	464288513	983	11,371	SH		SOLE		11,371	0	0
iShares MSCI EAFE ETF	MSCI EAFE ETF	464287465	2,695	41,549	SH		SOLE		41,549	0	0
iShares Currency Hedged MSCI EAFE ETF	HDG MSCI EAFE	46434V803	3,082	106,755	SH		SOLE		106,755	0	0
iShares MSCI Pacific ex Japan ETF	MSCI PAC JP ETF	464286665	3,790	82,563	SH		SOLE		82,563	0	0
iShares Russell 2000 ETF	RUSSELL 2000 ETF	464287655	2,200	14,370	SH		SOLE		14,370	0	0
JD.com Inc	SPON ADR CL A	47215P106	8,595	285,069	SH		SOLE		285,069	0	0
Johnson & Johnson	COM	478160104	30,155	215,714	SH		SOLE		215,714	0	0
Kinder Morgan Inc/DE	COM	49456B101	487	24,340	SH		SOLE		24,340	0	0
KKR & Co Inc	CL A	48251W104	32,453	1,381,553	SH		SOLE		1,381,553	0	0
KraneShares CSI China Internet ETF	CSI CHI INTERNET	500767306	70,353	1,493,700	SH		SOLE		1,493,700	0	0
Liberty Media Corp-Liberty SiriusXM	COM C SIRIUSXM	531229607	398	10,418	SH		SOLE		10,418	0	0
Linde PLC	COM	G5494J103	6,244	35,493	SH		SOLE		35,493	0	0
Microsoft Corp	COM	594918104	39,685	336,483	SH		SOLE		336,483	0	0
Morgan Stanley	COM NEW	617446448	6,683	158,356	SH		SOLE		158,356	0	0
Netflix Inc	COM	64110L106	6,525	18,299	SH		SOLE		18,299	0	0
Noah Holdings Ltd	SPON ADS CL A	65487X102	8,371	172,750	SH		SOLE		172,750	0	0
Norfolk Southern Corp	COM	655844108	13,677	73,183	SH		SOLE		73,183	0	0
RealPage Inc	COM	75606N109	33,583	553,349	SH		SOLE		553,349	0	0
Rexford Industrial Realty Inc	COM	76169C100	56	1,550	SH		SOLE		1,550	0	0
SBA Communications Corp	CL A	78410G104	7,051	35,316	SH		SOLE		35,316	0	0
Seagate Technology PLC	SHS	G7945M107	41,267	861,707	SH		SOLE		861,707	0	0
Seattle Genetics Inc	COM	812578102	7,105	97,015	SH		SOLE		97,015	0	0
SPDR Gold Shares	GOLD SHS	78463V107	1,502	12,310	SH		SOLE		12,310	0	0
SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF	MSCI EMR MKT ETF	78470E205	1,718	27,500	SH		SOLE		27,500	0	0
SPDR MSCI EAFE Fossil Fuel Reserves Free ETF	MSCI EAFE FS ETF	78470E106	920	13,850	SH		SOLE		13,850	0	0
SPDR S&P 500 ETF Trust	TR UNIT	78462F103	2,887	10,219	SH		SOLE		10,219	0	0
SPDR S&P 500 Fossil Fuel Reserves Free ETF	SPDR S&P 500 ETF	78468R796	2,855	41,840	SH		SOLE		41,840	0	0
Tableau Software Inc	CL A	87336U105	6,283	49,362	SH		SOLE		49,362	0	0
TransDigm Group Inc	COM	893641100	42,718	94,094	SH		SOLE		94,094	0	0
Union Pacific Corp	COM	907818108	14,405	86,153	SH		SOLE		86,153	0	0
United Continental Holdings Inc	COM	910047109	5,011	62,811	SH		SOLE		62,811	0	0
Vanguard FTSE Europe ETF	FTSE EUROPE ETF	922042874	11,467	213,900	SH		SOLE		213,900	0	0
Vanguard FTSE Developed Markets ETF	FTSE DEV MKT ETF	921943858	6,825	167,000	SH		SOLE		167,000	0	0
Vanguard FTSE Emerging Markets ETF	FTSE EMR MKT ETF	922042858	14,307	336,641	SH		SOLE		336,641	0	0
Vanguard FTSE Pacific ETF	FTSE PACIFIC ETF	922042866	2,338	35,499	SH		SOLE		35,499	0	0
Vanguard Global ex-U.S. Real Estate ETF	GLB EX US ETF	922042676	269	4,513	SH		SOLE		4,513	0	0
Vanguard Intermediate-Term Treasury ETF	INTER TERM TREAS	92206C706	205	3,180	SH		SOLE		3,180	0	0
Vanguard Real Estate ETF	REIT ETF	922908553	235	2,702	SH		SOLE		2,702	0	0
Vanguard Short-Term Treasury ETF	SHORT TERM TREAS	92206C102	1,342	22,219	SH		SOLE		22,219	0	0
Vanguard Total World Stock ETF	TT WRLD ST ETF	922042742	9,982	136,427	SH		SOLE		136,427	0	0
Vanguard Value ETF	VALUE ETF	922908744	29,354	272,729	SH		SOLE		272,729	0	0
ViaSat Inc	COM	92552V100	466	6,009	SH		SOLE		6,009	0	0
Visa Inc	COM CL A	92826C839	6,750	43,215	SH		SOLE		43,215	0	0
Voya Financial Inc	COM	929089100	6,685	133,814	SH		SOLE		133,814	0	0
WisdomTree Japan Hedged Equity Fund	JAPN HEDGE EQT	97717W851	11,652	230,227	SH		SOLE		230,227	0	0
Workday Inc	CL A	98138H101	133	691	SH		SOLE		691	0	0
Xtrackers MSCI EAFE Hedged Equity ETF	XTRACK MSCI EAFE	233051200	539	17,249	SH		SOLE		17,249	0	0
Xtrackers MSCI Europe Hedged Equity ETF	COM SER c	233051853	6,181	218,085	SH		SOLE		218,085	0	0
Xtrackers MSCI Japan Hedged Equity ETF	XTRAK MSCI JAPN	233051507	19,350	486,311	SH		SOLE		486,311	0	0