BAILARD, INC. - Synapzer

#	Name	Shares	Value ($)	%
1	3M CO	6,848	1,207	0.11%
2	ABBOTT LABS	16,584	701	0.06%
3	ABBVIE INC	5,993	378	0.03%
4	ACCENTURE PLC IRELAND	69,553	8,497	0.77%
5	ACTIVISION BLIZZARD INC	4,771	211	0.02%
6	ADECOAGRO S A	15,200	173	0.02%
7	ADOBE INC	2,228	242	0.02%
8	AERIE PHARMACEUTICALS INC COM	83,000	3,132	0.29%
9	AGENUS INC	148,000	1,063	0.10%
10	AGREE RLTY CORP COM	5,590	276	0.03%
11	AIR PRODS & CHEMS INC	1,563	235	0.02%
12	ALASKA AIR GROUP INC	57,252	3,771	0.34%
13	ALEX REAL ESTATE EQ	2,660	289	0.03%
14	ALLSTATE CORP	32,729	2,264	0.21%
15	ALPHA AND OMEGA SEMICONDUCTOR SHS	14,260	310	0.03%
16	ALPHABET INC	7,341	5,706	0.52%
17	ALPHABET INC	12,346	9,927	0.90%
18	ALTRIA GROUP INC	4,290	271	0.02%
19	AMAZON COM INC	1,546	1,294	0.12%
20	AMERICAN CAMPUS CMNTYS INC	4,800	244	0.02%
21	AMERICAN ELEC PWR INC	4,305	276	0.03%
22	AMERICAN EXPRESS CO	16,693	1,069	0.10%
23	AMERICAN NATL INS CO COM	2,400	293	0.03%
24	AMGEN INC	8,279	1,381	0.13%
25	ANGLOGOLD ASHANTI LIMITED	13,106	209	0.02%
26	APARTMENT INVT & MGMT CO	4,500	207	0.02%
27	APPLE INC	181,502	20,519	1.87%
28	ARBUTUS BIOPHARMA CORP	215,000	740	0.07%
29	AT&T INC	19,496	792	0.07%
30	AUTOMATIC DATA PROCESSING IN	5,689	502	0.05%
31	AUTOZONE INC	2,097	1,611	0.15%
32	B2GOLD CORP	42,000	43	0.00%
33	BALL CORP	19,265	1,579	0.14%
34	BANCOLOMBIA S A	17,854	697	0.06%
35	BANK AMER CORP	15,761	247	0.02%
36	BARD C R INC	1,155	259	0.02%
37	BECTON DICKINSON & CO	1,789	322	0.03%
38	BERKSHIRE HATHAWAY INC DEL	1	216	0.02%
39	BERKSHIRE HATHAWAY INC DEL	6,585	951	0.09%
40	BIODELIVERY SCIENCES INTL IN	558,000	1,507	0.14%
41	BIOGEN INC	5,056	1,583	0.14%
42	BLACKROCK INC	14,313	5,188	0.47%
43	BOEING CO	1,640	216	0.02%
44	BOSTON PROPERTIES INC	2,375	324	0.03%
45	BRISTOL MYERS SQUIBB CO	19,588	1,056	0.10%
46	BT GROUP PLC	109,124	2,775	0.25%
47	CAPITAL ONE FINL CORP	17,072	1,226	0.11%
48	CATERPILLAR INC	3,852	342	0.03%
49	CELESTICA INC	34,250	371	0.03%
50	CELGENE CORP	2,223	232	0.02%

#	Name	Shares	Value ($)	%	Options	Notes
1	BANCO MACRO SA	7,000	548	60.15%
2	BANCO BRADESCO S A	40,000	363	39.85%

#	Name	Shares	Value ($)	%
1	POWERSHARES QQQ TRUST	509,230	60,456	5.58%
2	ISHARES TR	1,541,944	58,104	5.37%
3	ISHARES RUSSELL 2000 VALUE ETF	524,997	54,993	5.08%
4	SPDR GOLD TR	437,116	54,918	5.07%
5	VANGUARD INDEX FDS	457,132	50,892	4.70%
6	ISHARES TR	413,702	46,508	4.30%
7	SPDR SER TR	500,658	24,457	2.26%
8	APPLE INC	181,502	20,519	1.89%
9	SPDR SER TR	359,078	17,983	1.66%
10	ISHARES TR	136,537	16,479	1.52%
11	ISHARES TR	128,813	16,077	1.48%
12	MICROSOFT CORP	265,492	15,292	1.41%
13	SPDR S&P 500 ETF TR	69,607	15,056	1.39%
14	ISHARES TR	118,231	13,341	1.23%
15	JOHNSON & JOHNSON	95,794	11,316	1.05%
16	VANGUARD WORLD FD	88,968	10,709	0.99%
17	ISHARES TR	67,069	10,376	0.96%
18	FACEBOOK INC	78,996	10,133	0.94%
19	ALPHABET INC	12,346	9,927	0.92%
20	VANGUARD INTL EQUITY INDEX F	211,797	9,622	0.89%
21	ISHARES TR	51,810	9,031	0.83%
22	ACCENTURE PLC IRELAND	69,553	8,497	0.78%
23	JPMORGAN CHASE & CO	126,710	8,438	0.78%
24	VANGUARD INDEX FDS	96,559	8,376	0.77%
25	ISHARES TR	38,216	8,314	0.77%
26	VANGUARD SCOTTSDALE FDS	99,374	8,005	0.74%
27	VANGUARD INTL EQUITY INDEX F	205,510	7,733	0.71%
28	HOME DEPOT INC	59,684	7,680	0.71%
29	VANGUARD WORLD FDS	55,865	7,647	0.71%
30	VANGUARD WORLD FD	55,734	7,407	0.68%
31	VANGUARD TAX-MANAGED FDS	196,652	7,357	0.68%
32	CISCO SYS INC	231,621	7,347	0.68%
33	VANGUARD WORLD FDS	55,529	6,982	0.64%
34	INTEL CORP	181,053	6,835	0.63%
35	SELECT SECTOR SPDR TR	351,623	6,786	0.63%
36	VISA INC	79,353	6,563	0.61%
37	UNITED PARCEL SERVICE INC	57,831	6,324	0.58%
38	DISCOVER FINL SVCS	106,627	6,030	0.56%
39	VANGUARD WORLD FDS	53,417	5,924	0.55%
40	PNC FINL SVCS GROUP INC	65,498	5,901	0.54%
41	GENERAL MLS INC	90,522	5,783	0.53%
42	ALPHABET INC	7,341	5,706	0.53%
43	MEDTRONIC PLC	65,971	5,700	0.53%
44	KIMBERLY CLARK CORP	43,019	5,426	0.50%
45	EXXON MOBIL CORP	61,602	5,377	0.50%
46	NXP SEMICONDUCTORS N V	52,657	5,372	0.50%
47	COSTCO WHSL CORP NEW	34,826	5,311	0.49%
48	DISNEY WALT CO	57,113	5,304	0.49%
49	TJX COS INC NEW	69,401	5,190	0.48%
50	BLACKROCK INC	14,313	5,188	0.48%