Started xcode from the command line and got this, install additional components prompt not requiring user/pwd and still just an endless loop
Mobile-Dev-MBP:~ SNGI$ sudo /Applications/Xcode.app/Contents/MacOS/Xcode
2016-02-04 14:42:51.468 Xcode[1368:354014] ### Failed to load Addressbook class CNContactNameFormatter
2016-02-04 14:42:51.610 Xcode[1368:354014] NSWindow warning: adding an unknown subview: <NSView: 0x7fd3ebf43980>. Break on NSLog to debug.
2016-02-04 14:42:51.612 Xcode[1368:354014] Call stack:
(
0 AppKit 0x00007fff875674ef -[NSThemeFrame addSubview:] + 107
1 AppKit 0x00007fff87595ab4 -[NSView replaceSubview:with:] + 153
2 IDEKit 0x00000001039275a8 -[IDEFirstLaunchExperienceViewController _replaceView:withView:] + 176
3 IDEKit 0x000000010392611f -[IDEFirstLaunchExperienceViewController showFirstLaunchExperienceModallyIfNecessary] + 181
4 IDEKit 0x0000000103352cf3 -[IDEWelcomeWindowController _showFirstLaunchExperienceIfAppropriate] + 264
5 IDEKit 0x0000000103352bd8 -[IDEWelcomeWindowController openWelcomeWindowAfterFirstLaunchExperienceIfAppropriate:] + 27
6 IDEKit 0x000000010335291c -[IDEApplicationController applicationOpenUntitledFile:] + 230
7 AppKit 0x00007fff875bad63 -[NSApplication _doOpenUntitled] + 397
8 AppKit 0x00007fff875ba852 __58-[NSApplication(NSAppleEventHandling) _handleAEOpenEvent:]_block_invoke + 251
9 AppKit 0x00007fff875ba1ed -[NSDocumentController(NSInternal) _autoreopenDocumentsIgnoringExpendable:withCompletionHandler:] + 804
10 AppKit 0x00007fff87982513 -[NSApplication _reopenWindowsAsNecessaryIncludingRestorableState:completionHandler:] + 274
11 AppKit 0x00007fff875b8880 -[NSApplication(NSAppleEventHandling) _handleAEOpenEvent:] + 544
12 AppKit 0x00007fff875b8337 -[NSApplication(NSAppleEventHandling) _handleCoreEvent:withReplyEvent:] + 250
13 Foundation 0x00007fff8b6ff861 -[NSAppleEventManager dispatchRawAppleEvent:withRawReply:handlerRefCon:] + 290
14 IDEKit 0x0000000103587d16 -[NSAppleEventManager(DVTAssertionOverrides) swizzleDispatchRawAppleEvent:withRawReply:handlerRefCon:] + 19
15 Foundation 0x00007fff8b6ff6db _NSAppleEventManagerGenericHandler + 102
16 AE 0x00007fff892c0231 _Z20aeDispatchAppleEventPK6AEDescPS_jPh + 531
17 AE 0x00007fff892bffb8 _ZL25dispatchEventAndSendReplyPK6AEDescPS_ + 31
18 AE 0x00007fff892bfed4 aeProcessAppleEvent + 288
19 HIToolbox 0x00007fff954daaf9 AEProcessAppleEvent + 55
20 AppKit 0x00007fff875b2588 _DPSNextEvent + 2245
21 AppKit 0x00007fff8797e943 -[NSApplication _nextEventMatchingEventMask:untilDate:inMode:dequeue:] + 454
22 DVTKit 0x00000001026ef0c2 -[DVTApplication nextEventMatchingMask:untilDate:inMode:dequeue:] + 247
23 AppKit 0x00007fff875a7fc8 -[NSApplication run] + 682
24 AppKit 0x00007fff8752a520 NSApplicationMain + 1176
25 libdyld.dylib 0x00007fff95f2d5ad start + 1
)
Mobile-Dev-MBP:~ SNGI$