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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

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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
ALLIANCE DATA SYSTEMS CORP COM 018581108 27,608 129,700 SH   SOLE   129,700 0 0
CREDIT ACCEP CORP MICH COM 225310101 66,045 199,887 SH   SOLE   199,887 0 0
EPLUS INC COM 294268107 8,976 115,521 SH   SOLE   115,521 0 0
ITURAN LOCATION AND CONTROL SHS M6158M104 29,941 962,723 SH   SOLE   962,723 0 0
OLD DOMINION FGHT LINES INC COM 679580100 14,728 100,214 SH   SOLE   100,214 0 0
RMR GROUP INC CL A 74967R106 25,239 360,822 SH   SOLE   360,822 0 0
TESLA INC NOTE 2.375% 3/1 88160RAD3 8,678 8,311,000 SH   SOLE   8,311,000 0 0
TWENTY FIRST CENTY FOX INC CL B 90130A200 16,027 440,659 SH   SOLE   440,659 0 0