BAILARD, INC. - Synapzer

#	Name	Shares	Value ($)	%
251	TANGER FACTORY OUTLET CTRS I	6,375	256	0.03%
252	ISHARES TR	8,300	256	0.03%
253	JOHNSON CTLS INTL PLC	5,755	255	0.03%
254	AMERICAN CAMPUS CMNTYS INC	4,800	254	0.03%
255	VANECK VECTORS ETF TR	14,215	252	0.03%
256	VANECK VECTORS ETF TR	7,100	251	0.03%
257	MCKESSON CORP	1,337	250	0.03%
258	ONE LIBERTY PPTYS INC COM	10,500	250	0.03%
259	GLOBAL X FDS	27,300	249	0.03%
260	AMC ENTMT HLDGS INC	9,000	248	0.03%
261	PUBLIC STORAGE	942	241	0.03%
262	VANGUARD SPECIALIZED FUNDS	2,880	240	0.03%
263	PIEDMONT OFFICE REALTY TR INC COM CL A	11,100	239	0.03%
264	VANGUARD INDEX FDS	2,688	239	0.03%
265	LOWES COS INC	3,006	238	0.03%
266	ESSEX PPTY TR INC	1,039	237	0.03%
267	ANGLOGOLD ASHANTI LIMITED	13,106	237	0.03%
268	ISHARES INC	5,920	235	0.03%
269	BOSTON PROPERTIES INC	1,775	234	0.03%
270	BECTON DICKINSON & CO	1,375	233	0.03%
271	PARKER HANNIFIN CORP	2,128	230	0.03%
272	STONERIDGE INC COM	15,000	224	0.03%
273	AIR PRODS & CHEMS INC	1,563	222	0.03%
274	BERKSHIRE HATHAWAY INC DEL	1	217	0.03%
275	ACADIA RLTY TR COM SH BEN INT	6,000	213	0.03%
276	SELECT SECTOR SPDR TR	4,055	213	0.03%
277	ADOBE INC	2,208	212	0.03%
278	PEOPLES UNITED FINANCIAL INC	14,217	208	0.03%
279	NATIONAL RETAIL PPTYS INC	4,000	207	0.02%
280	CATERPILLAR INC	2,705	205	0.02%
281	GOLD FIELDS LTD NEW	40,600	199	0.02%
282	BANK AMER CORP	14,947	198	0.02%
283	TRANSPORTADORA DE GAS SUR	28,500	192	0.02%
284	TSAKOS ENERGY NAVIGATION LTD	40,300	189	0.02%
285	RUDOLPH TECHNOLOGIES INC	12,200	189	0.02%
286	Teekay Tankers LTD	52,200	156	0.02%
287	SCORPIO TANKERS INC	37,050	156	0.02%
288	REGIONS FINANCIAL CORP NEW	18,070	154	0.02%
289	MOBILE TELESYSTEMS PJSC	18,000	149	0.02%
290	FORD MTR CO DEL	10,651	134	0.02%
291	WINTHROP RLTY TR	14,800	130	0.02%
292	EARTHLINK HOLDINGS ORD	20,000	128	0.02%
293	CBL & ASSOC PPTYS INC	10,000	93	0.01%
294	CLEAN ENERGY FUELS CORPORATION COM	12,850	45	0.01%
295	Navidea Biopharm Inc	10,000	5	0.00%

#	Name	Shares	Value ($)	%
1	BANCO MACRO SA	7,000	520	45.98%
2	ADECOAGRO S A	30,000	329	29.09%
3	BANCO BRADESCO S A	40,000	282	24.93%

#	Name	Shares	Value ($)	%
1	3M CO	6,667	1,168	0.14%
2	8X8 INC NEW COM	20,797	304	0.04%
3	ABBOTT LABS	10,336	406	0.05%
4	ABBVIE INC	5,429	336	0.04%
5	ACADIA RLTY TR COM SH BEN INT	6,000	213	0.03%
6	ACCENTURE PLC IRELAND	41,808	4,736	0.56%
7	ACTIVISION BLIZZARD INC	7,009	278	0.03%
8	ADOBE INC	2,208	212	0.03%
9	AERIE PHARMACEUTICALS INC COM	113,000	1,989	0.24%
10	AGENUS INC	213,000	863	0.10%
11	AGREE RLTY CORP COM	5,590	270	0.03%
12	AIR PRODS & CHEMS INC	1,563	222	0.03%
13	ALASKA AIR GROUP INC	57,031	3,324	0.40%
14	ALEX REAL ESTATE EQ	3,160	327	0.04%
15	ALLSTATE CORP	33,364	2,334	0.28%
16	ALPHABET INC	7,586	5,337	0.64%
17	ALPHABET INC	4,770	3,301	0.39%
18	ALTRIA GROUP INC	4,290	296	0.04%
19	AMAZON COM INC	1,623	1,161	0.14%
20	AMC ENTMT HLDGS INC	9,000	248	0.03%
21	AMERICAN ASSETS TR INC COM	9,000	382	0.05%
22	AMERICAN CAMPUS CMNTYS INC	4,800	254	0.03%
23	AMERICAN EXPRESS CO	17,903	1,088	0.13%
24	AMGEN INC	7,309	1,112	0.13%
25	ANGLOGOLD ASHANTI LIMITED	31,106	562	0.07%
26	APPLE INC	147,340	14,086	1.68%
27	ARBUTUS BIOPHARMA CORP	215,000	748	0.09%
28	ARGO GROUP INTERNATIONAL	7,149	371	0.04%
29	AT&T INC	13,044	564	0.07%
30	AUTOMATIC DATA PROCESSING IN	5,789	532	0.06%
31	AUTOZONE INC	2,212	1,756	0.21%
32	AVALONBAY COMM	2,645	477	0.06%
33	BALL CORP	6,455	467	0.06%
34	BANCOLOMBIA S A	59,854	2,090	0.25%
35	BANK AMER CORP	14,947	198	0.02%
36	BECTON DICKINSON & CO	1,375	233	0.03%
37	BERKSHIRE HATHAWAY INC DEL	1	217	0.03%
38	BERKSHIRE HATHAWAY INC DEL	6,477	938	0.11%
39	BIODELIVERY SCIENCES INTL IN	558,000	1,317	0.16%
40	BIOGEN INC	2,333	564	0.07%
41	BLACKROCK INC	7,868	2,695	0.32%
42	BOSTON PROPERTIES INC	1,775	234	0.03%
43	BRISTOL MYERS SQUIBB CO	20,034	1,474	0.18%
44	BT GROUP PLC	108,440	3,020	0.36%
45	CAPITAL ONE FINL CORP	7,325	465	0.06%
46	CATERPILLAR INC	2,705	205	0.02%
47	CATO CORP NEW CL A	7,174	271	0.03%
48	CBL & ASSOC PPTYS INC	10,000	93	0.01%
49	CHEVRON CORP NEW	19,326	2,026	0.24%
50	CHUNGHWA TELECOM CO LTD	10,574	384	0.05%