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
Estimated average burden
hours per response: 23.8
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 COMPANY COM 88579Y101 5,803 34,825 SH   DFND 1,2,3 34,825 0 0
ABBOTT LABORATORIES COM 002824100 24,946 596,364 SH   DFND 1,2,3 596,364 0 0
ABBVIE INC COM 00287Y109 31,013 542,949 SH   DFND 1,2,3 542,949 0 0
ACCELERATE DIAGNOSTICS, INC COM 00430H102 15,034 1,046,239 SH   DFND 1,2,3 1,046,239 0 0
AFLAC INC COM 001055102 5,618 88,970 SH   DFND 1,2,3 88,970 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 1,164 29,222 SH   DFND 1,2,3 29,222 0 0
AGIOS PHARMACEUTICALS COM 00847X104 1,609 39,640 SH   DFND 1,2,3 39,640 0 0
AGNICO EAGLE MINES LTD COM 008474108 5,677 157,000 SH   DFND 1,2,3 157,000 0 0
AIR LEASE CORP CL A 00912X302 22,030 685,866 SH   DFND 1,2,3 685,866 0 0
AIR PRODUCTS & CHEMICALS INC COM 009158106 720 5,000 SH   DFND 1,2,3 5,000 0 0
AKAMAI TECHNOLOGIES, INC COM 00971T101 874 15,733 SH   DFND 1,2,3 15,733 0 0
ALLEGHANY CORP DEL COM 017175100 3,321 6,692 SH   DFND 1,2,3 6,692 0 0
ALLERGAN PLC SHS G0177J108 54,861 204,682 SH   DFND 1,2,3 204,682 0 0
ALPHABET INC CAP STK CL A 02079K305 8,881 11,641 SH   DFND 1,2,3 11,641 0 0
ALPHABET INC CAP STK CL C 02079K107 59,300 79,603 SH   DFND 1,2,3 79,603 0 0
ALTRIA GROUP INC COM 02209S103 2,576 41,112 SH   DFND 1,2,3 41,112 0 0
AMAZON COM INC COM 023135106 1,279 2,155 SH   DFND 1,2,3 2,155 0 0
AMERIGAS PARTNERS LP UNIT L P INT 030975106 19,609 451,086 SH   DFND 1,2,3 451,086 0 0
AMGEN INC COM 031162100 1,287 8,585 SH   DFND 1,2,3 8,585 0 0
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 268 2,150 SH   DFND 1,2,3 2,150 0 0
APPLE INC COM 037833100 69,571 638,323 SH   DFND 1,2,3 638,323 0 0
AQUA AMERICA INC COM 03836W103 432 13,575 SH   DFND 1,2,3 13,575 0 0
AT&T INC COM 00206R102 1,484 37,885 SH   DFND 1,2,3 37,885 0 0
AUTOMATIC DATA PROCESSING COM 053015103 7,861 87,632 SH   DFND 1,2,3 87,632 0 0
AVEO PHARMACEUTICALS INC COM 053588109 117 127,500 SH   DFND 1,2,3 127,500 0 0
BAXTER INTERNATIONAL INC COM 071813109 1,354 32,965 SH   DFND 1,2,3 32,965 0 0
BECTON DICKINSON & CO COM 075887109 1,230 8,100 SH   DFND 1,2,3 8,100 0 0
BERKSHIRE HATHAWAY INC CL A 084670108 14,515 68 SH   DFND 1,2,3 68 0 0
BERKSHIRE HATHAWAY INC CL B 084670702 48,611 342,619 SH   DFND 1,2,3 342,619 0 0
BOEING CO COM 097023105 69,875 550,455 SH   DFND 1,2,3 550,455 0 0
BP PLC SPONSORED ADR 055622104 2,947 97,650 SH   DFND 1,2,3 97,650 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 1,695 26,527 SH   DFND 1,2,3 26,527 0 0
BROOKFIELD ASSET MANAGEMENT INC CL A LTD VT SH 112585104 20,801 597,901 SH   DFND 1,2,3 597,901 0 0
BROOKFIELD INFRASTRUCTURE PARTNERS LP INT UNIT G16252101 7,046 167,255 SH   DFND 1,2,3 167,255 0 0
BUCKEYE PARTNERS LP UNIT LTD PARTN 118230101 249 3,658 SH   DFND 1,2,3 3,658 0 0
BUFFALO WILD WINGS INC COM 119848109 29,930 202,065 SH   DFND 1,2,3 202,065 0 0
CARMAX INC COM 143130102 65,666 1,285,055 SH   DFND 1,2,3 1,285,055 0 0
CATERPILLAR INC COM 149123101 2,906 37,970 SH   DFND 1,2,3 37,970 0 0
CBS CORPORATION CL B 124857202 20,662 375,053 SH   DFND 1,2,3 375,053 0 0
CDK GLOBAL INC COM 12508E101 1,339 28,772 SH   DFND 1,2,3 28,772 0 0
CEDAR FAIR LP DEPOSITRY UNIT 150185106 36,332 611,140 SH   DFND 1,2,3 611,140 0 0
CELGENE CORP COM 151020104 186,602 1,864,346 SH   DFND 1,2,3 1,864,346 0 0
CELGENE CORP RIGHT 12/31/2030 151020112 437 333,865 SH   DFND 1,2,3 333,865 0 0
CENTRAL FUND OF CANADA LTD CL A 153501101 1,584 132,100 SH   DFND 1,2,3 132,100 0 0
CERUS CORPORATION COM 157085101 623 105,000 SH   DFND 1,2,3 105,000 0 0
CF INDUSTRIES HOLDINGS INC COM 125269100 1,113 35,500 SH   DFND 1,2,3 35,500 0 0
CHEVRON CORP COM 166764100 5,564 58,328 SH   DFND 1,2,3 58,328 0 0
CHINA DISTANCE ED HLDGS LTD SPONS ADR 16944W104 343 23,279 SH   DFND 1,2,3 23,279 0 0
CHUBB LTD COM H1467J104 31,095 260,972 SH   DFND 1,2,3 260,972 0 0
CISCO SYSTEMS INC COM 17275R102 6,541 229,750 SH   DFND 1,2,3 229,750 0 0
CITIGROUP INC COM 172967424 610 14,620 SH   DFND 1,2,3 14,620 0 0
COCA COLA CO COM 191216100 14,274 307,696 SH   DFND 1,2,3 307,696 0 0
COGNIZANT TECHNOLOGY SOLUTIONS CL A 192446102 69,202 1,103,708 SH   DFND 1,2,3 1,103,708 0 0
COLGATE-PALMOLIVE CO COM 194162103 26,079 369,136 SH   DFND 1,2,3 369,136 0 0
COMCAST CORP NEW CL A 20030N101 15,722 257,392 SH   DFND 1,2,3 257,392 0 0
COMMSCOPE HOLDING CO COM 20337X109 55,450 1,986,045 SH   DFND 1,2,3 1,986,045 0 0
COMSCORE INC COM 20564W105 12,934 430,574 SH   DFND 1,2,3 430,574 0 0
CONOCOPHILLIPS COM 20825C104 1,632 40,533 SH   DFND 1,2,3 40,533 0 0
CONSOLIDATED EDISON INC COM 209115104 480 6,268 SH   DFND 1,2,3 6,268 0 0
CORNING INC COM 219350105 2,338 111,900 SH   DFND 1,2,3 111,900 0 0
COSTCO WHOLESALE CORP COM 22160K105 13,144 83,415 SH   DFND 1,2,3 83,415 0 0
COVANTA HLDG CORP COM 22282E102 713 42,300 SH   DFND 1,2,3 42,300 0 0
CRESCENT POINT ENERGY CORP COM 22576C101 2,814 203,350 SH   DFND 1,2,3 203,350 0 0
CULLEN FROST BANKERS INC COM 229899109 362 6,570 SH   DFND 1,2,3 6,570 0 0
CUMMINS INC COM 231021106 771 7,015 SH   DFND 1,2,3 7,015 0 0
CVS HEALTH CORP COM 126650100 671 6,470 SH   DFND 1,2,3 6,470 0 0
D.R. HORTON INC COM 23331A109 2,641 87,375 SH   DFND 1,2,3 87,375 0 0
DANAHER CORP COM 235851102 4,381 46,180 SH   DFND 1,2,3 46,180 0 0
DAVITA HEALTHCARE PARTNERS COM 23918K108 4,861 66,250 SH   DFND 1,2,3 66,250 0 0
DEERE & CO COM 244199105 5,286 68,664 SH   DFND 1,2,3 68,664 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 4,179 55,700 SH   DFND 1,2,3 55,700 0 0
DELTA AIR LINES COM 247361702 60,131 1,235,235 SH   DFND 1,2,3 1,235,235 0 0
DEVON ENERGY CORP COM 25179M103 644 23,461 SH   DFND 1,2,3 23,461 0 0
DISCOVERY COMMUNICATIONS COM SER C 25470F302 5,873 217,537 SH   DFND 1,2,3 217,537 0 0
DISNEY WALT CO COM DISNEY 254687106 30,831 310,454 SH   DFND 1,2,3 310,454 0 0
DOVER CORPORATION COM 260003108 3,090 48,037 SH   DFND 1,2,3 48,037 0 0
DUKE ENERGY CORP COM 26441C204 327 4,048 SH   DFND 1,2,3 4,048 0 0
E I DU PONT DE NEMOURS & CO COM 263534109 396 6,248 SH   DFND 1,2,3 6,248 0 0
ECOLAB INC COM 278865100 1,206 10,815 SH   DFND 1,2,3 10,815 0 0
ELBIT SYS LTD ORD M3760D101 328 3,500 SH   DFND 1,2,3 3,500 0 0
ELEPHANT TALK COMM CORP COM 286202205 331 1,504,980 SH   DFND 1,2,3 1,504,980 0 0
EMC CORP MASS COM 268648102 710 26,650 SH   DFND 1,2,3 26,650 0 0
EMERSON ELEC CO COM 291011104 3,968 72,971 SH   DFND 1,2,3 72,971 0 0
ENCANA CORP COM 292505104 1,341 220,166 SH   DFND 1,2,3 220,166 0 0
ENERGY TRANSFER EQUITY LP COM UT LTD PTN 29273V100 227 31,800 SH   DFND 1,2,3 31,800 0 0
ENLINK MIDSTREAM LLC COM UNIT REP LTD 29336T100 156 13,900 SH   DFND 1,2,3 13,900 0 0
ENTERPRISE PRODUCTS PARTNERS L COM 293792107 798 32,400 SH   DFND 1,2,3 32,400 0 0
EQT CORPORATION COM 26884L109 64,229 954,940 SH   DFND 1,2,3 954,940 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 17,631 236,875 SH   DFND 1,2,3 236,875 0 0
EVINE LIVE INC CL A 300487105 59 50,000 SH   DFND 1,2,3 50,000 0 0
EXPRESS SCRIPTS HLDG COM 30219G108 18,214 265,159 SH   DFND 1,2,3 265,159 0 0
EXXON MOBIL CORP COM 30231G102 31,510 376,962 SH   DFND 1,2,3 376,962 0 0
FACEBOOK INC CL A 30303M102 1,919 16,815 SH   DFND 1,2,3 16,815 0 0
FEDEX CORP COM 31428x106 26,657 163,821 SH   DFND 1,2,3 163,821 0 0
FIDELITY NATIONAL INFORMATION SV COM 31620M106 18,263 288,468 SH   DFND 1,2,3 288,468 0 0
FIDELITY NATL FINANCIAL FNF GROUP COM 31620R303 63,338 1,868,376 SH   DFND 1,2,3 1,868,376 0 0
FIRST CITIZENS BANCSHARES, INC CL A 31946M103 245 975 SH   DFND 1,2,3 975 0 0
FIRST MERCHANTS CORP COM COM 320817109 236 10,006 SH   DFND 1,2,3 10,006 0 0
FLY LEASING LTD SPONSORED ADR 34407D109 15,755 1,239,600 SH   DFND 1,2,3 1,239,600 0 0
FRANCO NEV CORP COM 351858105 16,120 262,620 SH   DFND 1,2,3 262,620 0 0
GENERAL ELECTRIC CO COM 369604103 25,258 794,519 SH   DFND 1,2,3 794,519 0 0
GENERAL MILLS INC COM 370334104 445 7,025 SH   DFND 1,2,3 7,025 0 0
GENESIS ENERGY LP UNIT LTD PARTN 371927104 41,710 1,312,060 SH   DFND 1,2,3 1,312,060 0 0
GENMARK DIAGNOSTICS INC COM 372309104 53 10,000 SH   DFND 1,2,3 10,000 0 0
GILEAD SCIENCES COM 375558103 6,454 70,255 SH   DFND 1,2,3 70,255 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 13,197 734,400 SH   DFND 1,2,3 734,400 0 0
GOLAR LNG PARTNERS LP COM UNIT LPI Y2745C102 8,356 568,825 SH   DFND 1,2,3 568,825 0 0
GOLDCORP INC COM 380956409 2,965 182,670 SH   DFND 1,2,3 182,670 0 0
GRAMERCY PROPERTY TRUST COM 385002100 62,165 7,356,751 SH   DFND 1,2,3 7,356,751 0 0
GTX INC COM 40052B108 10 20,000 SH   DFND 1,2,3 20,000 0 0
H & R BLOCK COM 093671105 25,241 955,358 SH   DFND 1,2,3 955,358 0 0
HAIN CELESTIAL GROUP INC COM 405217100 54,823 1,340,090 SH   DFND 1,2,3 1,340,090 0 0
HALLADOR ENERGY COMPANY COM 40609P105 728 159,350 SH   DFND 1,2,3 159,350 0 0
HALLIBURTON COMPANY COM 406216101 317 8,870 SH   DFND 1,2,3 8,870 0 0
HALYARD HEALTH INC COM COM 40650V100 490 17,045 SH   DFND 1,2,3 17,045 0 0
HARRIS CORP COM 413875105 657 8,439 SH   DFND 1,2,3 8,439 0 0
HCA HOLDINGS INC COM 40412C101 12,076 154,720 SH   DFND 1,2,3 154,720 0 0
HD SUPPLY HOLDINGS INC COM 40416M105 65,102 1,968,615 SH   DFND 1,2,3 1,968,615 0 0
HELMERICH & PAYNE INC COM 423452101 1,643 27,980 SH   DFND 1,2,3 27,980 0 0
HESS CORP COM 42809H107 316 6,000 SH   DFND 1,2,3 6,000 0 0
HOME DEPOT INC COM 437076102 15,346 115,015 SH   DFND 1,2,3 115,015 0 0
HONEYWELL INTL INC COM 438516106 7,226 64,493 SH   DFND 1,2,3 64,493 0 0
ILLINOIS TOOL WORKS INC COM 452308109 6,105 59,598 SH   DFND 1,2,3 59,598 0 0
INGREDION INC COM 457187102 518 4,850 SH   DFND 1,2,3 4,850 0 0
INTEL CORP COM 458140100 8,075 249,625 SH   DFND 1,2,3 249,625 0 0
INTERCONTINENTAL EXCHANGE,INC COM 45866F104 926 3,936 SH   DFND 1,2,3 3,936 0 0
INTERNATIONAL BUSINESS MACHINES COM 459200101 674 4,449 SH   DFND 1,2,3 4,449 0 0
INTERNATIONAL PAPER CO COM 460146103 267 6,500 SH   DFND 1,2,3 6,500 0 0
INTUIT INC COM 461202103 301 2,892 SH   DFND 1,2,3 2,892 0 0
IPG PHOTONICS CORP COM 44980X109 17,467 181,800 SH   DFND 1,2,3 181,800 0 0
JANUS CAPITAL GROUP INC COM 47102x105 244 16,700 SH   DFND 1,2,3 16,700 0 0
JOHNSON & JOHNSON COM 478160104 29,644 273,973 SH   DFND 1,2,3 273,973 0 0
JPMORGAN CHASE & CO COM 46625h100 641 10,823 SH   DFND 1,2,3 10,823 0 0
KIMBERLY CLARK CORP COM 494368103 20,439 151,949 SH   DFND 1,2,3 151,949 0 0
KINDER MORGAN INC COM 49456B101 583 32,644 SH   DFND 1,2,3 32,644 0 0
KOPIN CORP COM 500600101 18 11,000 SH   DFND 1,2,3 11,000 0 0
KRAFT HEINZ CO COM COM 500754106 4,181 53,223 SH   DFND 1,2,3 53,223 0 0
LABORATORY CORP AMERICA HLDGS COM 50540R409 16,262 138,841 SH   DFND 1,2,3 138,841 0 0
LEVEL 3 COMMUNICATIONS COM 52729N308 63,849 1,208,110 SH   DFND 1,2,3 1,208,110 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 924 15,946 SH   DFND 1,2,3 15,946 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 1,429 38,057 SH   DFND 1,2,3 38,057 0 0
LIBERTY MEDIA CORP DELAWARE CL A 531229102 213 5,524 SH   DFND 1,2,3 5,524 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C 531229300 421 11,048 SH   DFND 1,2,3 11,048 0 0
LILLY ELI & CO COM 532457108 726 10,085 SH   DFND 1,2,3 10,085 0 0
LIVEPERSON INC COM 538146101 117 20,000 SH   DFND 1,2,3 20,000 0 0
LOCKHEED MARTIN CORP COM 539830109 17,497 78,994 SH   DFND 1,2,3 78,994 0 0
LOWES COMPANIES INC COM 548661107 2,271 29,975 SH   DFND 1,2,3 29,975 0 0
MARCUS CORP COM 566330106 191 10,100 SH   DFND 1,2,3 10,100 0 0
MASTERCARD INC CL A 57636Q104 765 8,100 SH   DFND 1,2,3 8,100 0 0
MATADOR RESOURCES COMPANY COM 576485205 3,145 165,900 SH   DFND 1,2,3 165,900 0 0
MATTEL INC COM 577081102 338 10,054 SH   DFND 1,2,3 10,054 0 0
MC DONALDS CORP COM 580135101 609 4,843 SH   DFND 1,2,3 4,843 0 0
MCGRAW HILL FINL INC COM 580645109 1,288 13,008 SH   DFND 1,2,3 13,008 0 0
MCKESSON CORP COM 58155Q103 34,810 221,368 SH   DFND 1,2,3 221,368 0 0
MEAD JOHNSON NUTRITION CO COM 582839106 333 3,917 SH   DFND 1,2,3 3,917 0 0
MEDTRONIC PLC SHS G5960L103 3,661 48,816 SH   DFND 1,2,3 48,816 0 0
MERCK & CO INC COM 58933Y105 12,321 232,875 SH   DFND 1,2,3 232,875 0 0
MERIDIAN BANCORP INC COM 58958U103 12,500 897,990 SH   DFND 1,2,3 897,990 0 0
MERRIMACK PHARMACEUTICALS COM 590328100 9,851 1,176,978 SH   DFND 1,2,3 1,176,978 0 0
METABOLIX INC COM 591018882 1,464 770,534 SH   DFND 1,2,3 770,534 0 0
MFA FINANCIAL INC COM 55272X102 7,898 1,152,950 SH   DFND 1,2,3 1,152,950 0 0
MICRON TECHNOLOGY INC COM 595112103 7,700 735,400 SH   DFND 1,2,3 735,400 0 0
MICROSOFT CORP COM 594918104 82,820 1,499,556 SH   DFND 1,2,3 1,499,556 0 0
MONDELEZ INTERNATIONAL INC CL A 609207105 8,537 212,782 SH   DFND 1,2,3 212,782 0 0
NETFLIX INC COM 64110L106 456 4,465 SH   DFND 1,2,3 4,465 0 0
NEWFIELD EXPLORATION CO COM 651290108 1,184 35,618 SH   DFND 1,2,3 35,618 0 0
NEWMONT MINING CORPORATION COM 651639106 492 18,495 SH   DFND 1,2,3 18,495 0 0
NEXTERA ENERGY INC COM 65339F101 770 6,510 SH   DFND 1,2,3 6,510 0 0
NORTHERN TRUST CORP COM 665859104 1,376 21,118 SH   DFND 1,2,3 21,118 0 0
NOVARTIS AG SPONSORED ADR 66987V109 1,782 24,597 SH   DFND 1,2,3 24,597 0 0
ONCOMED PHARMACEUTICALS INC COM 68234X102 2,127 210,403 SH   DFND 1,2,3 210,403 0 0
ORACLE CORP COM 68389X105 391 9,550 SH   DFND 1,2,3 9,550 0 0
ORBCOMM INC COM 68555P100 507 50,000 SH   DFND 1,2,3 50,000 0 0
PACIFIC GAS & ELECTRIC CO COM 69331C108 209 3,500 SH   DFND 1,2,3 3,500 0 0
PACKAGING CORP OF AMERICA COM 695156109 9,974 165,140 SH   DFND 1,2,3 165,140 0 0
PARK CITY GROUP INC COM 700215304 4,675 515,432 SH   DFND 1,2,3 515,432 0 0
PEPSICO INC COM 713448108 26,666 260,206 SH   DFND 1,2,3 260,206 0 0
PFIZER INC COM 717081103 15,716 530,219 SH   DFND 1,2,3 530,219 0 0
PHILIP MORRIS INTL INC COM 718172109 4,272 43,545 SH   DFND 1,2,3 43,545 0 0
PHILLIPS 66 COM 718546104 1,018 11,759 SH   DFND 1,2,3 11,759 0 0
POTLATCH CORP COM 737630103 8,384 266,150 SH   DFND 1,2,3 266,150 0 0
PROCTER & GAMBLE CO COM 742718109 9,328 113,324 SH   DFND 1,2,3 113,324 0 0
PROLOGIS INC COM 74340W103 1,582 35,800 SH   DFND 1,2,3 35,800 0 0
PURE CYCLE CORP COM 746228303 289 64,000 SH   DFND 1,2,3 64,000 0 0
QUIDEL CORP COM 74838J101 8,406 487,000 SH   DFND 1,2,3 487,000 0 0
RANGE RESOURCES CORP COM 75281A109 3,359 103,750 SH   DFND 1,2,3 103,750 0 0
RAYONIER INC COM 754907103 15,600 632,100 SH   DFND 1,2,3 632,100 0 0
RAYTHEON CO COM 755111507 7,677 62,602 SH   DFND 1,2,3 62,602 0 0
RELX NV SPONSORED ADR 75955B102 884 50,402 SH   DFND 1,2,3 50,402 0 0
REMARK MEDIA INC COM 75954W107 1,086 229,627 SH   DFND 1,2,3 229,627 0 0
ROKA BIOSCIENCE INC COM COM 775431109 40 58,098 SH   DFND 1,2,3 58,098 0 0
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 6,267 129,345 SH   DFND 1,2,3 129,345 0 0
SABRE CORP COM 78573M104 51,764 1,789,900 SH   DFND 1,2,3 1,789,900 0 0
SANGAMO BIOSCIENCES INC COM 800677106 192 31,750 SH   DFND 1,2,3 31,750 0 0
SCHLUMBERGER LTD COM 806857108 21,638 293,398 SH   DFND 1,2,3 293,398 0 0
SHAW COMMUNICATIONS INC CL B CONV 82028K200 4,046 209,540 SH   DFND 1,2,3 209,540 0 0
SILVER WHEATON CORP COM 828336107 713 43,000 SH   DFND 1,2,3 43,000 0 0
SITO MOBILE LTD COM 82988R203 1,149 450,695 SH   DFND 1,2,3 450,695 0 0
SNAP ON INC COM 833034101 330 2,100 SH   DFND 1,2,3 2,100 0 0
SOUTHWESTERN ENERGY CO COM 845467109 3,995 495,062 SH   DFND 1,2,3 495,062 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 370 3,150 SH   DFND 1,2,3 3,150 0 0
SPECTRA ENERGY CORP COM 847560109 3,528 115,300 SH   DFND 1,2,3 115,300 0 0
ST. JUDE MEDICAL INC COM 790849103 4,025 73,175 SH   DFND 1,2,3 73,175 0 0
STANLEY BLACK & DECKER INC COM 854502101 3,444 32,735 SH   DFND 1,2,3 32,735 0 0
STARBUCKS CORP COM 855244109 1,110 18,600 SH   DFND 1,2,3 18,600 0 0
STERICYCLE INC COM 858912108 15,084 119,532 SH   DFND 1,2,3 119,532 0 0
SYSCO CORP COM 871829107 4,782 102,333 SH   DFND 1,2,3 102,333 0 0
T. ROWE PRICE GROUP COM 74144T108 257 3,500 SH   DFND 1,2,3 3,500 0 0
TANGER FACTORY OUTLET CTRS COM 875465106 408 11,200 SH   DFND 1,2,3 11,200 0 0
TARGET CORP COM 87612E106 2,656 32,275 SH   DFND 1,2,3 32,275 0 0
TELEFLEX INC COM 879369106 942 6,000 SH   DFND 1,2,3 6,000 0 0
TESLA MTRS INC COM 88160R101 393 1,710 SH   DFND 1,2,3 1,710 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 395 7,384 SH   DFND 1,2,3 7,384 0 0
THE BANK OF NEW YORK MELLON CORP COM 064058100 16,899 458,831 SH   DFND 1,2,3 458,831 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102 5,868 41,442 SH   DFND 1,2,3 41,442 0 0
TIFFANY & CO COM 886547108 3,912 53,315 SH   DFND 1,2,3 53,315 0 0
TIME WARNER INC COM 887317303 53,943 743,525 SH   DFND 1,2,3 743,525 0 0
TJX COMPANIES INC COM 872540109 19,796 252,657 SH   DFND 1,2,3 252,657 0 0
TOLL BROTHERS INC COM 889478103 34,097 1,155,455 SH   DFND 1,2,3 1,155,455 0 0
UNDER ARMOUR INC CL A 904311107 1,188 14,000 SH   DFND 1,2,3 14,000 0 0
UNILEVER N V N Y SHS 904784709 893 19,993 SH   DFND 1,2,3 19,993 0 0
UNION PACIFIC CORP COM 907818108 3,882 48,795 SH   DFND 1,2,3 48,795 0 0
UNITED TECHNOLOGIES CORP COM 913017109 5,460 54,550 SH   DFND 1,2,3 54,550 0 0
UNIVERSAL HEALTH RLTY INCOME T COM 91359E105 1,805 32,083 SH   DFND 1,2,3 32,083 0 0
US BANCORP DEL NEW COM 902973304 3,327 81,967 SH   DFND 1,2,3 81,967 0 0
VALLEY NATL BANCORP COM COM 919794107 334 35,000 SH   DFND 1,2,3 35,000 0 0
VANGUARD NATURAL RESOURCES LLC COM UNIT 92205F106 17 11,912 SH   DFND 1,2,3 11,912 0 0
VARIAN MEDICAL SYSTEMS INC COM 92220P105 14,777 184,663 SH   DFND 1,2,3 184,663 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,831 52,353 SH   DFND 1,2,3 52,353 0 0
VERMILLION INC COM 92407M206 551 375,000 SH   DFND 1,2,3 375,000 0 0
VIRNETX HOLDING CORP COM 92823T108 3,789 825,400 SH   DFND 1,2,3 825,400 0 0
VISA INC COM CL A 92826C839 4,070 53,220 SH   DFND 1,2,3 53,220 0 0
W.P. CAREY INC COM 92936U109 3,643 58,525 SH   DFND 1,2,3 58,525 0 0
WAL MART STORES INC COM 931142103 470 6,860 SH   DFND 1,2,3 6,860 0 0
WELLS FARGO & CO COM 949746101 2,381 49,241 SH   DFND 1,2,3 49,241 0 0
WELLTOWER INC COM 95040Q104 5,801 83,660 SH   DFND 1,2,3 83,660 0 0
WEYERHAEUSER CO COM 962166104 4,948 159,710 SH   DFND 1,2,3 159,710 0 0
WHIRLPOOL CORP COM 963320106 2,495 13,835 SH   DFND 1,2,3 13,835 0 0
WHITE MOUNTAINS INSURANCE GROUP LTD COM G9618E107 30,624 38,156 SH   DFND 1,2,3 38,156 0 0
WILEY JOHN & SONS INC CL B 968223305 987 20,000 SH   DFND 1,2,3 20,000 0 0
WILEY JOHN & SONS INC CL A 968223206 20,161 412,376 SH   DFND 1,2,3 412,376 0 0
WILLIAMS COMPANIES INC COM 969457100 1,055 65,655 SH   DFND 1,2,3 65,655 0 0
WISDOMTREE INVESTMENTS INC COM 97717P104 2,081 182,050 SH   DFND 1,2,3 182,050 0 0
WORKHORSE GROUP INC COM 98138J206 8,011 873,603 SH   DFND 1,2,3 873,603 0 0
XENCOR INC COM 98401F105 3,419 254,800 SH   DFND 1,2,3 254,800 0 0
XPO LOGISTICS INC COM 983793100 1,340 43,650 SH   DFND 1,2,3 43,650 0 0
XYLEM INC COM 98419M100 299 7,300 SH   DFND 1,2,3 7,300 0 0
ZIMMER BIOMET HOLDINGS INC COM 98956P102 512 4,799 SH   DFND 1,2,3 4,799 0 0
ISHARES TR S&P 100 ETF 464287101 431 4,721 SH   DFND 1,2,3 4,721 0 0
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 303 10,875 SH   DFND 1,2,3 10,875 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 1,668 8,112 SH   DFND 1,2,3 8,112 0 0
RICEBRAN TECHNOLOGIES COM 762831204 47 42,408 SH   DFND 1,2,3 42,408 0 0
AES TR III PFD CV 6.75% 00808N202 253 5,000 SH   DFND 1,2,3 5,000 0 0
ALLERGAN PLC PFD CONV SER A G0177J116 4,553 4,954 SH   DFND 1,2,3 4,954 0 0
STERICYCLE INC DEP PFD A 1/10 858912207 5,584 60,070 SH   DFND 1,2,3 60,070 0 0
GENERAL AMERICAN INVESTORS INC COM 368802104 975 31,209 SH   DFND 1,2,3 31,209 0 0
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