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
Ashford Hospitality Prime Inc- PFD 044102507 1,309 64,679 SH   SOLE   64,679 0 0
Abbott Laboratories COM 002824100 10,630 199,223 SH   SOLE   199,223 0 0
AGCO Corp COM 001084102 695 9,430 SH   SOLE   9,430 0 0
Air Lease Corp COM 00912X302 2,149 50,429 SH   SOLE   50,429 0 0
Allergan PLC COM G0177J108 528 2,579 SH   SOLE   2,579 0 0
Allison Transmission Holdings COM 01973R101 987 26,315 SH   SOLE   26,315 0 0
Antero Resources Corporation COM 03674x106 5,248 263,746 SH   SOLE   263,746 0 0
Apple Inc COM 037833100 539 3,500 SH   SOLE   3,500 0 0
Atara Biotherapeutics Inc COM 046513107 345 20,895 SH   SOLE   20,895 0 0
Bank of America Corp COM 060505104 1,828 72,177 SH   SOLE   72,177 0 0
Barrick Gold Corp COM 067901108 12,506 777,273 SH   SOLE   777,273 0 0
Cameco Corp COM 13321l108 8,132 841,028 SH   SOLE   841,028 0 0
CARBO Ceramics Inc COM 140781105 2,297 266,200 SH   SOLE   266,200 0 0
Cheniere Energy Inc COM 16411R208 7,657 170,014 SH   SOLE   170,014 0 0
Chesapeake Energy Corp COM 165167107 9,277 2,157,554 SH   SOLE   2,157,554 0 0
Chevron Corp COM 166764100 2,718 23,140 SH   SOLE   23,140 0 0
Colfax Corp COM 194014106 2,072 49,771 SH   SOLE   49,771 0 0
DISH Network Corp COM 25470M109 5,516 101,719 SH   SOLE   101,719 0 0
Enphase Energy Inc COM 29355A107 2,461 1,619,108 SH   SOLE   1,619,108 0 0
Express Scripts Inc COM 30219g108 587 9,271 SH   SOLE   9,271 0 0
Freeport-McMoRan Inc COM 35671D857 3,877 276,169 SH   SOLE   276,169 0 0
General Electric Co COM 369604103 775 32,074 SH   SOLE   32,074 0 0
Goldcorp Inc COM 380956409 4,188 323,154 SH   SOLE   323,154 0 0
Green Brick Partners Inc COM 392709101 1,119 113,105 SH   SOLE   113,105 0 0
Heron Therapeutics, Inc COM 427746102 186 11,570 SH   SOLE   11,570 0 0
IDT Corporation COM 448947507 4,356 309,440 SH   SOLE   309,440 0 0
Intrepid Potash Inc COM 46121Y102 4,414 1,012,459 SH   SOLE   1,012,459 0 0
Kadmon Holdings Inc COM 48283n106 169 50,475 SH   SOLE   50,475 0 0
Kennedy-Wilson Holdings Inc COM 489398107 397 21,446 SH   SOLE   21,446 0 0
Keryx Biopharmaceuticals Inc COM 492515101 5,047 710,912 SH   SOLE   710,912 0 0
Kinross Gold Corp COM 496902404 1,065 251,223 SH   SOLE   251,223 0 0
Leucadia National Corp COM 527288104 6,179 244,736 SH   SOLE   244,736 0 0
Liberty LiLAC Group - C COM G5480U153 757 32,499 SH   SOLE   32,499 0 0
Liberty Media Corp - Liberty F COM 531229854 5,391 141,536 SH   SOLE   141,536 0 0
Liberty SiriusXM Group - Cl C COM 531229607 909 21,722 SH   SOLE   21,722 0 0
Lions Gate Entertainment Corp COM 535919401 6,143 183,651 SH   SOLE   183,651 0 0
Lions Gate Entertainment Corp COM 535919500 1,232 38,772 SH   SOLE   38,772 0 0
Medicines Co/The COM 584688105 329 8,895 SH   SOLE   8,895 0 0
New Gold Inc COM 644535106 48 13,111 SH   SOLE   13,111 0 0
NMI Holdings Inc COM 629209305 4,446 358,605 SH   SOLE   358,605 0 0
Novagold Resources Inc COM 66987e206 5,392 1,308,929 SH   SOLE   1,308,929 0 0
Oaktree Capital Group LLC COM 674001201 1,364 29,000 SH   SOLE   29,000 0 0
Opko Health Inc COM 68375N103 354 51,670 SH   SOLE   51,670 0 0
Orexigen Therapeutics Inc COM 686164302 329 155,302 SH   SOLE   155,302 0 0
PBF Energy Inc COM 69318G106 12,075 437,361 SH   SOLE   437,361 0 0
Penske Automotive Group Inc COM 70959W103 2,837 59,653 SH   SOLE   59,653 0 0
S&W Seed Co COM 785135104 824 261,685 SH   SOLE   261,685 0 0
Sears Holdings Corp COM 812350106 3,161 433,091 SH   SOLE   433,091 0 0
Sears Holdings Corp COM 812350106 5,329 730,000 SH Call SOLE   730,000 0 0
Starwood Property Trust, Inc COM 85571B105 1,609 74,112 SH   SOLE   74,112 0 0
SunOpta Inc. COM 8676ep108 290 33,414 SH   SOLE   33,414 0 0
Theravance Biopharma Inc COM G8807B106 3,901 113,942 SH   SOLE   113,942 0 0
Twenty-First Century Fox Inc COM 90130A200 774 30,036 SH   SOLE   30,036 0 0
Virtu Financial Inc COM 928254101 6,618 408,547 SH   SOLE   408,547 0 0
Western Union Co/The COM 959802109 2,494 129,906 SH   SOLE   129,906 0 0
WMIH Corp COM 92936P100 458 482,198 SH   SOLE   482,198 0 0
Zedge, Inc. COM 98923t104 1,117 581,983 SH   SOLE   581,983 0 0
ZIOPHARM Oncology Inc COM 98973P101 166 27,156 SH   SOLE   27,156 0 0
Energy Transfer Partners LP LP 29273R109 1,643 89,855 SH   SOLE   89,855 0 0
NuStar Energy LP LP 67058H102 811 20,000 SH   SOLE   20,000 0 0
Plains GP Holdings LP LP 72651A207 1,847 84,492 SH   SOLE   84,492 0 0
Ashford Hospitality Prime Inc UNIT 044102101 1,231 129,641 SH   SOLE   129,641 0 0
Seritage Growth Properties UNIT 81752R100 1,219 26,476 SH   SOLE   26,476 0 0
Sears Holdings Corp Warrants WT 812350155 218 101,291 SH   SOLE   101,291 0 0
Tsakos Energy Navigation Ltd SHS G9108L108 4,146 923,541 SH   SOLE   923,541 0 0
Brookfield Property Partners L MLP G16249107 1,715 73,452 SH   SOLE   73,452 0 0