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
ANTERO RES CORP COM 03674X106 190,551 8,740,871 SH   SOLE 0 8,740,871 0 0
ISHARES TR CHINA LG-CAP ETF 464287184 1,108 31,400 SH   SOLE 0 31,400 0 0
ISHARES TR MSCI EAFE ETF 464287465 22,965 391,100 SH   SOLE 0 391,100 0 0
SHORE BANCSHARES INC COM 825107105 1,020 93,709 SH   SOLE 0 93,709 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 124,635 3,810,300 SH   SOLE 0 3,810,300 0 0