Ackerman Capital Advisors 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

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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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
3M CO	COM	88579Y101	265	1,275	SH		SOLE		0	0	1,275
ABBOTT LABS	COM	002824100	380	4,752	SH		SOLE		0	0	4,752
AFLAC INC	COM	001055102	400,000	8,000	SH		SOLE		0	0	8,000
AIR TRANSPORT SERVICES GRP I	COM	00922r105	161,350	7,000	SH		SOLE		0	0	7,000
ALLIANCEBERNSTEIN NATL MUNI	COM	01864U106	967	74,653	SH		SOLE		0	0	74,653
ALPHABET INC	CAP STK CL A	02079K305	588	500	SH		SOLE		0	0	500
ALPHABET INC	CAP STK CL C	02079K107	1,238	1,055	SH		SOLE		0	0	1,055
AMAZON COM INC	COM	023135106	1,072	602	SH		SOLE		0	0	602
AMERICAN AIRLS GROUP INC	COM	02376r102	184,208	5,800	SH		SOLE		0	0	5,800
AMERICAN EXPRESS CO	COM	025816109	218,600	2,000	SH		SOLE		0	0	2,000
APPLE INC	COM	037833100	682	3,589	SH		SOLE		0	0	3,589
BARCLAYS BK PLC	DJUBS CMDT ETN36	06738C778	3,106	137,072	SH		SOLE		0	0	137,072
BECTON DICKINSON & CO	COM	075887109	835	3,342	SH		SOLE		0	0	3,342
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	503,297	7,834	SH		SOLE		0	0	7,834
BEST BUY INC	COM	086516101	213,180	3,000	SH		SOLE		0	0	3,000
BLACKROCK CALIF MUN INCOME T	SH BEN INT	09248E102	131	10,214	SH		SOLE		0	0	10,214
BLACKROCK INVT QUALITY MUN T	COM	09247D105	689	48,731	SH		SOLE		0	0	48,731
BLACKROCK MUNI INCOME TR II	COM	09249N101	1,385	98,165	SH		SOLE		0	0	98,165
BLACKROCK MUNICIPL INC QLTY	COM	092479104	1,870	139,474	SH		SOLE		0	0	139,474
BLACKROCK MUNIHLDNGS CALI QL	COM	09254L107	151	11,369	SH		SOLE		0	0	11,369
BLACKROCK MUNIHLDNGS QLTY II	COM	09254C107	1,424	115,787	SH		SOLE		0	0	115,787
BLACKROCK MUNIHLDS INVSTM QL	COM	09254P108	843	65,332	SH		SOLE		0	0	65,332
BLACKROCK MUNIHOLDINGS FD IN	COM	09253N104	450	28,209	SH		SOLE		0	0	28,209
BLACKROCK MUNIVEST FD II INC	COM	09253T101	216	14,726	SH		SOLE		0	0	14,726
BLACKROCK MUNIVEST FD INC	COM	09253R105	868	96,335	SH		SOLE		0	0	96,335
BLACKROCK MUNIY QUALITY FD I	COM	09254G108	562	45,667	SH		SOLE		0	0	45,667
BLACKROCK MUNIYIELD CALI QLT	COM	09254N103	138	10,277	SH		SOLE		0	0	10,277
BLACKROCK MUNIYIELD CALIF FD	COM	09254M105	151	11,290	SH		SOLE		0	0	11,290
BLACKROCK MUNIYIELD FD INC	COM	09253W104	939	67,332	SH		SOLE		0	0	67,332
BLACKROCK MUNIYIELD PA QLTY	COM	09255G107	151	11,128	SH		SOLE		0	0	11,128
BLACKROCK MUNIYIELD QLTY FD	COM	09254E103	1,359	105,141	SH		SOLE		0	0	105,141
BLACKROCK MUNIYIELD QUALITY	COM	09254F100	924	65,613	SH		SOLE		0	0	65,613
CASELLA WASTE SYS INC	CL A	147448104	177,800	5,000	SH		SOLE		0	0	5,000
CHEVRON CORP NEW	COM	166764100	1,314	10,665	SH		SOLE		0	0	10,665
CITIGROUP INC	COM NEW	172967424	497,760	8,000	SH		SOLE		0	0	8,000
COMCAST CORP NEW	CL A	20030N101	219	5,489	SH		SOLE		0	0	5,489
CONOCOPHILLIPS	COM	20825C104	434	6,507	SH		SOLE		0	0	6,507
DARDEN RESTAURANTS INC	COM	237194105	364,410	3,000	SH		SOLE		0	0	3,000
DBX ETF TR	XTRACK MSCI EAFE	233051200	4,087	130,894	SH		SOLE		0	0	130,894
DBX ETF TR	XTRACK USD HIGH	233051432	265	5,334	SH		SOLE		0	0	5,334
DELTA AIR LINES INC DEL	COM NEW	247361702	309,900	6,000	SH		SOLE		0	0	6,000
DIREXION SHS ETF TR	DLY EMG MK BL 3X	25490K281	780	9,774	SH		SOLE		0	0	9,774
DISNEY WALT CO	COM DISNEY	254687106	448	4,035	SH		SOLE		0	0	4,035
DREYFUS STRATEGIC MUN BD FD	COM	26202F107	100	12,903	SH		SOLE		0	0	12,903
DREYFUS STRATEGIC MUNS INC	COM	261932107	963	122,023	SH		SOLE		0	0	122,023
DWS MUN INCOME TR NEW	COM	233368109	239	21,726	SH		SOLE		0	0	21,726
E TRADE FINANCIAL CORP	COM NEW	269246401	185,720	4,000	SH		SOLE		0	0	4,000
EATON VANCE CALIF MUN BD FD	COM	27828A100	150	14,185	SH		SOLE		0	0	14,185
EATON VANCE MUN BD FD	COM	27827X101	1,090	87,883	SH		SOLE		0	0	87,883
EOG RES INC	COM	26875P101	1,179	12,391	SH		SOLE		0	0	12,391
EXXON MOBIL CORP	COM	30231G102	1,949	24,126	SH		SOLE		0	0	24,126
FULTON FINL CORP PA	COM	360271100	154,800	10,000	SH		SOLE		0	0	10,000
GENERAL MTRS CO	COM	37045v100	185,500	5,000	SH		SOLE		0	0	5,000
HOME DEPOT INC	COM	437076102	388	2,021	SH		SOLE		0	0	2,021
HP INC	COM	40434l105	219,106	14,200	SH		SOLE		0	0	14,200
INDEXIQ ETF TR	IQ MRGR ARB ETF	45409B800	266	8,335	SH		SOLE		0	0	8,335
INNOVIVA INC	COM	45781m101	280,600	20,000	SH		SOLE		0	0	20,000
INTEL CORP	COM	458140100	429,600	8,000	SH		SOLE		0	0	8,000
INTERNATIONAL BUSINESS MACHS	COM	459200101	260	1,846	SH		SOLE		0	0	1,846
INVESCO CALIF VALUE MUN INC	COM	46132H106	201	16,519	SH		SOLE		0	0	16,519
INVESCO EXCHNG TRADED FD TR	FTSE RAFI EMNG	46138E727	330	15,402	SH		SOLE		0	0	15,402
INVESCO EXCHNG TRADED FD TR	INTL CORP BD	46138E636	936	35,777	SH		SOLE		0	0	35,777
INVESCO QQQ TR	UNIT SER 1	46090E103	359	2,000	SH		SOLE		0	0	2,000
INVESCO TR INVT GRADE NY MUN	COM	46131T101	235	18,003	SH		SOLE		0	0	18,003
INVESCO VALUE MUN INCOME TR	COM	46132P108	248	17,218	SH		SOLE		0	0	17,218
ISHARES INC	MIN VOL GBL ETF	464286525	13,434	150,139	SH		SOLE		0	0	150,139
ISHARES INC	MSCI FRNTR100ETF	464286145	372	13,082	SH		SOLE		0	0	13,082
ISHARES INC	MSCI GBL ETF NEW	46434G848	5,084	163,625	SH		SOLE		0	0	163,625
ISHARES INC	MSCI HONG KG ETF	464286871	241	9,208	SH		SOLE		0	0	9,208
ISHARES INC	MSCI MEXICO ETF	464286822	373	8,549	SH		SOLE		0	0	8,549
ISHARES INC	MSCI TAIWAN ETF	46434G772	388	11,218	SH		SOLE		0	0	11,218
ISHARES TR	CHINA LG-CAP ETF	464287184	454	10,247	SH		SOLE		0	0	10,247
ISHARES TR	CORE HIGH DV ETF	46429B663	3,844	41,200	SH		SOLE		0	0	41,200
ISHARES TR	CORE S&P TTL STK	464287150	3,348,800	52,000	SH		SOLE		0	0	52,000
ISHARES TR	FLTG RATE NT ETF	46429B655	2,232	43,834	SH		SOLE		0	0	43,834
ISHARES TR	INTL MOMENTUM FT	46434V449	6,197	216,909	SH		SOLE		0	0	216,909
ISHARES TR	INTL QLTY FACTOR	46434V456	5,867	201,145	SH		SOLE		0	0	201,145
ISHARES TR	INTL SEL DIV ETF	464288448	3,185	103,205	SH		SOLE		0	0	103,205
ISHARES TR	MIN VOL EAFE ETF	46429B689	310	4,300	SH		SOLE		0	0	4,300
ISHARES TR	MSCI INDONIA ETF	46429B309	352	13,717	SH		SOLE		0	0	13,717
ISHARES TR	MSCI PERU ETF	464289842	281	7,149	SH		SOLE		0	0	7,149
ISHARES TR	RUSSELL 2000 ETF	464287655	306	2,000	SH		SOLE		0	0	2,000
ISHARES TR	S&P SML 600 GWT	464287887	205	1,150	SH		SOLE		0	0	1,150
ISHARES TR	U.S. ENERGY ETF	464287796	3,664	101,688	SH		SOLE		0	0	101,688
ISHARES TR	USA MOMENTUM FCT	46432F396	7,816	69,670	SH		SOLE		0	0	69,670
ISHARES TR	USA QUALITY FCTR	46432F339	129,749	179,172	SH		SOLE		0	0	179,172
JOHNSON & JOHNSON	COM	478160104	1,089	7,792	SH		SOLE		0	0	7,792
JPMORGAN CHASE & CO	COM	46625H100	505	4,985	SH		SOLE		0	0	4,985
KELLY SVCS INC	CL A	488152208	110,300	5,000	SH		SOLE		0	0	5,000
KEYCORP NEW	COM	493267108	189,000	12,000	SH		SOLE		0	0	12,000
KOHLS CORP	COM	500255104	343,850	5,000	SH		SOLE		0	0	5,000
LOCKHEED MARTIN CORP	COM	539830109	300,160	1,000	SH		SOLE		0	0	1,000
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	1,500	24,738	SH		SOLE		0	0	24,738
MARKEL CORP	COM	570535104	304	305	SH		SOLE		0	0	305
MARTIN MARIETTA MATLS INC	COM	573284106	293	1,458	SH		SOLE		0	0	1,458
MCDONALDS CORP	COM	580135101	570,392	6,642	SH		SOLE		0	0	6,642
MERCANTILE BANK CORP	COM	587376104	232,312	7,100	SH		SOLE		0	0	7,100
METLIFE INC	COM	59156R108	200,079	4,700	SH		SOLE		0	0	4,700
MFS INVT GRADE MUN TR	SH BEN INT	59318B108	114	12,171	SH		SOLE		0	0	12,171
MICROSOFT CORP	COM	594918104	584	4,955	SH		SOLE		0	0	4,955
NETFLIX INC	COM	64110L106	246	689	SH		SOLE		0	0	689
NEXTERA ENERGY INC	COM	65339F101	284	1,472	SH		SOLE		0	0	1,472
NUVEEN AMT FREE QLTY MUN INC	COM	670657105	1,159	86,719	SH		SOLE		0	0	86,719
NUVEEN ENHANCED MUN VALUE FD	COM	67074M101	649	46,999	SH		SOLE		0	0	46,999
PEPSICO INC	COM	713448108	707	5,772	SH		SOLE		0	0	5,772
PFIZER INC	COM	717081103	212,350	5,000	SH		SOLE		0	0	5,000
PHILLIPS 66	COM	718546104	475,850	5,000	SH		SOLE		0	0	5,000
PIMCO MUN INCOME FD II	COM	72200W106	178	12,519	SH		SOLE		0	0	12,519
PROCTER AND GAMBLE CO	COM	742718109	229,176	4,753	SH		SOLE		0	0	4,753
PROSHARES TR	ULTRASHRT S&P500	74347B383	533	16,000	SH		SOLE		0	0	16,000
SCHWAB STRATEGIC TR	1000 INDEX ETF	808524722	330	11,857	SH		SOLE		0	0	11,857
SCHWAB STRATEGIC TR	SCHWAB FDT US LG	808524771	15,722	414,276	SH		SOLE		0	0	414,276
SCHWAB STRATEGIC TR	SCHWAB FDT US SC	808524763	4,665	125,256	SH		SOLE		0	0	125,256
SCHWAB STRATEGIC TR	SCHWB FDT EMK LG	808524730	28,591	1,031,035	SH		SOLE		0	0	1,031,035
SCHWAB STRATEGIC TR	SCHWB FDT INT LG	808524755	16,206	587,592	SH		SOLE		0	0	587,592
SCHWAB STRATEGIC TR	SCHWB FDT INT SC	808524748	3,440	110,710	SH		SOLE		0	0	110,710
SCHWAB STRATEGIC TR	US AGGREGATE B	808524839	909	17,528	SH		SOLE		0	0	17,528
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	3,810,800	56,000	SH		SOLE		0	0	56,000
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	911	17,432	SH		SOLE		0	0	17,432
SCHWAB STRATEGIC TR	US LCAP GR ETF	808524300	668	8,409	SH		SOLE		0	0	8,409
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	617	9,125	SH		SOLE		0	0	9,125
SIRIUS XM HLDGS INC	COM	82968B103	283,500	50,000	SH		SOLE		0	0	50,000
SOUTHWEST AIRLS CO	COM	844741108	415,604	14,234	SH		SOLE		0	0	14,234
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,016	3,598	SH		SOLE		0	0	3,598
SPDR S&P MIDCAP 400 ETF TR	UTSER1 S&PDCRP	78467Y107	453	1,312	SH		SOLE		0	0	1,312
SPDR SER TR	NUVEEN BLMBRG SR	78468R739	711	14,665	SH		SOLE		0	0	14,665
SPDR SER TR	PRTFLO S&P500 HI	78468R788	256	6,776	SH		SOLE		0	0	6,776
SSGA ACTIVE ETF TR	BLKSTN GSOSRLN	78467V608	283	6,135	SH		SOLE		0	0	6,135
STARBUCKS CORP	COM	855244109	259	3,491	SH		SOLE		0	0	3,491
SUNTRUST BKS INC	COM	867914103	177,750	3,000	SH		SOLE		0	0	3,000
TEXAS INSTRS INC	COM	882508104	371	3,501	SH		SOLE		0	0	3,501
U S G CORP	COM NEW	903293405	433,000	10,000	SH		SOLE		0	0	10,000
UDR INC	COM	902653104	457	10,050	SH		SOLE		0	0	10,050
UNION PACIFIC CORP	COM	907818108	435	2,600	SH		SOLE		0	0	2,600
UNITED CONTL HLDGS INC	COM	910047109	159,560	2,000	SH		SOLE		0	0	2,000
UNITED TECHNOLOGIES CORP	COM	913017109	331	2,572	SH		SOLE		0	0	2,572
UNITEDHEALTH GROUP INC	COM	91324p102	543,972	2,200	SH		SOLE		0	0	2,200
VALERO ENERGY CORP NEW	COM	91913y100	254,490	3,000	SH		SOLE		0	0	3,000
VANECK VECTORS ETF TR	JP MORGAN MKTS	92189H300	1,937	58,068	SH		SOLE		0	0	58,068
VANECK VECTORS ETF TR	RUSSIA ETF	92189F403	590	28,629	SH		SOLE		0	0	28,629
VANGUARD BD INDEX FD INC	LONG TERM BOND	921937793	1,329	14,421	SH		SOLE		0	0	14,421
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	5,615	70,553	SH		SOLE		0	0	70,553
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	7,368	90,756	SH		SOLE		0	0	90,756
VANGUARD CHARLOTTE FDS	INTL BD IDX ETF	92203J407	359	6,431	SH		SOLE		0	0	6,431
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	260	1,000	SH		SOLE		0	0	1,000
VANGUARD INTL EQUITY INDEX F	TT WRLD ST ETF	922042742	45,293	619,010	SH		SOLE		0	0	619,010
VANGUARD MALVERN FDS	STRM INFPROIDX	922020805	7,177	147,424	SH		SOLE		0	0	147,424
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	1,104	12,892	SH		SOLE		0	0	12,892
VANGUARD WORLD FDS	ENERGY ETF	92204A306	1,409	15,759	SH		SOLE		0	0	15,759
VISA INC	COM CL A	92826C839	684	4,382	SH		SOLE		0	0	4,382
VISHAY INTERTECHNOLOGY INC	COM	928298108	258,580	14,000	SH		SOLE		0	0	14,000
VMWARE INC	CL A COM	928563402	90,255	500	SH		SOLE		0	0	500
WELLS FARGO CO NEW	COM	949746101	289,920	6,000	SH		SOLE		0	0	6,000
WESTERN ASSET INTM MUNI FD I	COM	958435109	427	48,484	SH		SOLE		0	0	48,484
WESTERN ASSET MUN HI INCM FD	COM	95766N103	79	10,701	SH		SOLE		0	0	10,701
WHITE MTNS INS GROUP LTD	COM	g9618e107	370,192	400	SH		SOLE		0	0	400
WISDOMTREE TR	EMER MKT HIGH FD	97717W315	769	17,535	SH		SOLE		0	0	17,535
WISDOMTREE TR	US LARGECAP DIVD	97717W307	380	4,035	SH		SOLE		0	0	4,035
YUM BRANDS INC	COM	988498101	299,430	3,000	SH		SOLE		0	0	3,000
ZIONS BANCORPORATION N A	COM	989701107	272,460	6,000	SH		SOLE		0	0	6,000