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 CO COM 88579Y101 837,795 4,258,818 SH   SOLE   4,048,497 0 210,321
AEROJET ROCKETDYNE HLDGS INC COM 007800105 40,045 1,357,916 SH   DFND 1 0 1,357,916 0
AGNICO EAGLE MINES LTD COM 008474108 568,451 12,386,838 SH   SOLE   11,889,319 0 497,519
ALAMOS GOLD INC NEW COM CL A 011532108 16,906 2,964,338 SH   SOLE   2,964,338 0 0
ALBEMARLE CORP COM 012653101 46,591 493,915 SH   DFND 1 0 493,915 0
ALBEMARLE CORP COM 012653101 2,783 1,500 SH Call DFND 1 0 1,500 0
ALEXION PHARMACEUTICALS INC COM 015351109 26,690 214,982 SH   DFND 1 0 214,982 0
ALLEGHANY CORP DEL COM 017175100 383,425 666,861 SH   SOLE   634,623 0 32,238
ALLEGHENY TECHNOLOGIES INC COM 01741R102 45,357 1,805,625 SH   DFND 1 0 1,805,625 0
ALPHABET INC CAP STK CL C 02079K107 260,972 233,919 SH   SOLE   218,044 0 15,875
ALPHABET INC CAP STK CL A 02079K305 205,359 181,864 SH   SOLE   174,141 0 7,723
AMERICAN EXPRESS CO COM 025816109 1,194,599 12,189,788 SH   SOLE   11,570,803 0 618,985
AMERIPRISE FINL INC COM 03076C106 2,983 21,324 SH   SOLE   21,324 0 0
ANALOG DEVICES INC COM 032654105 301,135 3,139,440 SH   SOLE   3,026,340 0 113,100
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 15,114 1,840,964 SH   SOLE   1,840,964 0 0
ANTHEM INC COM 036752103 24,344 102,273 SH   DFND 1 0 102,273 0
ANTHEM INC COM 036752103 699,566 2,938,981 SH   SOLE   2,798,585 0 140,396
ARADIGM CORP COM PAR 038505400 4,894 3,375,253 SH   SOLE   3,375,253 0 0
ARC GROUP WORLDWIDE INC COM 00213H105 5,319 2,171,197 SH   SOLE   2,171,197 0 0
ARMSTRONG WORLD INDS INC NEW COM 04247X102 78,695 1,245,178 SH   DFND 1 0 1,245,178 0
ARQULE INC COM 04269E107 83,399 15,081,128 SH   SOLE   15,081,128 0 0
ARSANIS INC COM 042873109 452 124,381 SH   SOLE   124,381 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 131,349 979,190 SH   SOLE   930,953 0 48,237
B2GOLD CORP COM 11777Q209 31,601 12,170,500 SH   SOLE   12,170,500 0 0
BALL CORP COM 058498106 47,939 1,348,489 SH   DFND 1 0 1,348,489 0
BALL CORP COM 058498106 235 533 SH Call DFND 1 0 533 0
BANK NEW YORK MELLON CORP COM 064058100 1,027,484 19,052,184 SH   SOLE   18,080,838 0 971,346
BARRICK GOLD CORP COM 067901108 481,117 36,642,585 SH   SOLE   35,006,252 0 1,636,333
BB&T CORP COM 054937107 845,368 16,759,874 SH   SOLE   15,908,608 0 851,266
BEACON ROOFING SUPPLY INC COM 073685109 3,722 87,324 SH   DFND 1 0 87,324 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 442,803 1,570 SH   SOLE   1,486 0 84
BLACKBERRY LTD COM 09228F103 43,433 4,500,819 SH   DFND 1 0 4,500,819 0
BLOCK H & R INC COM 093671105 144,228 6,331,336 SH   SOLE   6,018,324 0 313,012
BROWN & BROWN INC COM 115236101 390,785 14,092,505 SH   SOLE   13,328,972 0 763,533
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 538,762 6,439,897 SH   SOLE   6,130,974 0 308,923
CANADIAN NAT RES LTD COM 136385101 167,770 4,643,458 SH   SOLE   4,452,293 0 191,165
CENOVUS ENERGY INC COM 15135U109 330,617 31,851,371 SH   SOLE   30,570,784 0 1,280,587
CHEMOURS CO COM 163851108 69,313 1,562,505 SH   DFND 1 0 1,562,505 0
CINCINNATI FINL CORP COM 172062101 179,448 2,683,935 SH   SOLE   2,550,036 0 133,899
CINTAS CORP COM 172908105 163,824 885,201 SH   SOLE   836,773 0 48,428
COLGATE PALMOLIVE CO COM 194162103 724,087 11,172,461 SH   SOLE   10,625,258 0 547,203
COMCAST CORP NEW CL A 20030N101 1,039,962 31,696,499 SH   SOLE   30,028,566 0 1,667,933
COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 204429104 181,962 7,295,987 SH   SOLE   7,216,881 0 79,106
CONOCOPHILLIPS COM 20825C104 583,092 8,375,348 SH   SOLE   7,965,637 0 409,711
COREPOINT LODGING INC COM 21872L104 56,148 2,167,873 SH   DFND 1 0 2,167,873 0
CUE BIOPHARMA INC COM 22978P106 2,313 195,000 SH   SOLE   195,000 0 0
CUI GLOBAL INC COM NEW 126576206 10,233 3,445,292 SH   SOLE   3,445,292 0 0
CUMMINS INC COM 231021106 261,711 1,967,755 SH   SOLE   1,859,207 0 108,548
CURIS INC COM NEW 231269200 8,617 4,980,995 SH   SOLE   4,980,995 0 0
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 119,453 3,020,300 SH   SOLE   3,020,300 0 0
DEERE & CO COM 244199105 673,556 4,817,998 SH   SOLE   4,585,694 0 232,304
DELTA AIR LINES INC DEL COM NEW 247361702 2,080 2,000 SH Call DFND 1 0 2,000 0
DENTSPLY SIRONA INC COM 24906P109 64,839 1,481,354 SH   SOLE   1,403,230 0 78,124
DEVON ENERGY CORP NEW COM 25179M103 211,587 4,813,179 SH   SOLE   4,558,516 0 254,663
DISCOVERY INC COM SER C 25470F302 3,969 155,656 SH   DFND 1 0 155,656 0
DURECT CORP COM 266605104 35,063 22,476,546 SH   SOLE   22,476,546 0 0
EAGLE PHARMACEUTICALS INC COM 269796108 17,124 226,333 SH   DFND 1 0 226,333 0
EBAY INC COM 278642103 47,246 1,302,973 SH   DFND 1 0 1,302,973 0
ELDORADO GOLD CORP NEW COM 284902103 7,816 7,718,257 SH   SOLE   7,718,257 0 0
EQT CORP COM 26884L109 58,477 1,059,748 SH   DFND 1 0 1,059,748 0
EQUIFAX INC COM 294429105 5,464 43,672 SH   DFND 1 0 43,672 0
EQUIFAX INC COM 294429105 11,650 2,500 SH Call DFND 1 0 2,500 0
EQUIFAX INC COM 294429105 2,110 500 SH Call DFND 1 0 500 0
EXXON MOBIL CORP COM 30231G102 1,493,905 18,057,596 SH   SOLE   17,171,188 0 886,408
FACEBOOK INC CL A 30303M102 258,100 1,328,221 SH   SOLE   1,257,229 0 70,992
FLOWSERVE CORP COM 34354P105 522,839 12,941,557 SH   SOLE   12,299,558 0 641,999
FRANCO NEVADA CORP COM 351858105 404,804 5,540,687 SH   SOLE   5,334,204 0 206,483
GENERAL DYNAMICS CORP COM 369550108 80,464 431,652 SH   DFND 1 0 431,652 0
GOLDCORP INC NEW COM 380956409 511,094 37,278,896 SH   SOLE   35,734,413 0 1,544,483
HALOZYME THERAPEUTICS INC COM 40637H109 35,841 2,124,563 SH   DFND 1 0 2,124,563 0
HAYMAKER ACQUISITION CORP UNIT 10/19/2022 420870206 10,100 1,000,000 SH   SOLE   1,000,000 0 0
HCA HEALTHCARE INC COM 40412C101 234,958 2,290,037 SH   SOLE   2,167,821 0 122,216
HP INC COM 40434L105 94,756 4,176,131 SH   DFND 1 0 4,176,131 0
HUNTSMAN CORP COM 447011107 46,460 1,591,080 SH   DFND 1 0 1,591,080 0
IDENTIV INC COM NEW 45170X205 7,171 1,853,004 SH   SOLE   1,853,004 0 0
IMPERIAL OIL LTD COM NEW 453038408 714,010 21,457,870 SH   SOLE   20,611,381 0 846,489
INDEPENDENCE HLDG CO NEW COM NEW 453440307 3,638 109,423 SH   SOLE   109,423 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 955 500,000 SH   SOLE   500,000 0 0
INNOVIVA INC COM 45781M101 17,864 1,294,487 SH   DFND 1 0 1,294,487 0
INTELLICHECK INC COM NEW 45817G201 4,321 1,878,678 SH   SOLE   1,878,678 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 24,135 328,150 SH   DFND 1 0 328,150 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 9,848 4,000 SH Call DFND 1 0 4,000 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 960 500 SH Call DFND 1 0 500 0
INTEVAC INC COM 461148108 21,939 4,523,414 SH   SOLE   4,523,414 0 0
INTREXON CORP COM 46122T102 9,583 687,411 SH   DFND 1 0 687,411 0
ISRAEL CHEMICALS LTD SHS M5920A109 118,385 25,926,333 SH   SOLE   24,648,827 0 1,277,506
JPMORGAN CHASE & CO COM 46625H100 3,126 30,000 SH   SOLE   30,000 0 0
KINROSS GOLD CORP COM NO PAR 496902404 10,518 2,797,363 SH   SOLE   2,797,363 0 0
KKR & CO L P DEL COM UNITS 48248M102 27,909 1,123,114 SH   DFND 1 0 1,123,114 0
KLX INC COM 482539103 78,871 1,096,956 SH   DFND 1 0 1,096,956 0
KOPIN CORP COM 500600101 5,077 1,775,000 SH   SOLE   1,775,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 633 22,989 SH   SOLE   22,989 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 287,389 10,800,050 SH   SOLE   10,330,390 0 469,660
LIBERTY LATIN AMERICA LTD COM CL A G9001E102 77 4,017 SH   SOLE   4,017 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 236 12,166 SH   SOLE   12,166 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 3,595 79,791 SH   SOLE   79,791 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 7,239 159,582 SH   SOLE   159,582 0 0
LIBERTY MEDIA CORP DELAWARE COM A BRAVES GRP 531229706 205 7,977 SH   SOLE   7,977 0 0
LIBERTY MEDIA CORP DELAWARE COM SER C FRMLA 531229854 1,481 39,895 SH   SOLE   39,895 0 0
LIBERTY MEDIA CORP DELAWARE COM SER A FRMLA 531229870 704 19,946 SH   SOLE   19,946 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 413 15,957 SH   SOLE   15,957 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 6 261 SH   SOLE   261 0 0
M & T BK CORP COM 55261F104 1,196 7,032 SH   SOLE   7,032 0 0
MAG SILVER CORP COM 55903Q104 21,619 1,999,467 SH   SOLE   1,999,467 0 0
MARTIN MARIETTA MATLS INC COM 573284106 110,061 492,817 SH   DFND 1 0 492,817 0
MASTERCARD INCORPORATED CL A 57636Q104 202,952 1,032,731 SH   SOLE   975,782 0 56,949
MEDICINES CO COM 584688105 12,950 352,868 SH   DFND 1 0 352,868 0
MICROSOFT CORP COM 594918104 1,136,862 11,528,873 SH   SOLE   10,958,565 0 570,308
MOLECULAR TEMPLATES INC COM 608550109 3,223 616,326 SH   SOLE   616,326 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,170,862 26,978,390 SH   SOLE   25,635,468 0 1,342,922
NEW GOLD INC CDA COM 644535106 20,879 10,007,331 SH   SOLE   10,007,331 0 0
NEWLINK GENETICS CORP COM 651511107 3,614 759,250 SH   SOLE   759,250 0 0
NEWMONT MINING CORP COM 651639106 360,186 9,551,476 SH   SOLE   9,188,561 0 362,915
NGL ENERGY PARTNERS LP COM UNIT REPST 62913M107 22,900 1,832,015 SH   SOLE   1,832,015 0 0
NOVAGOLD RES INC COM NEW 66987E206 24,455 5,495,440 SH   SOLE   5,495,440 0 0
NOW INC COM 67011P100 111,571 8,369,898 SH   SOLE   7,936,001 0 433,897
NUSTAR ENERGY LP UNIT COM 67058H102 5,663 250,000 SH   SOLE   250,000 0 0
NUTRIEN LTD COM 67077M108 1,477,573 27,171,257 SH   SOLE   26,122,238 0 1,049,019
NVENT ELECTRIC PLC SHS G6700G107 39,103 1,557,884 SH   DFND 1 0 1,557,884 0
OLIN CORP COM PAR $1 680665205 42,285 1,472,314 SH   DFND 1 0 1,472,314 0
OMNICOM GROUP INC COM 681919106 1,192,333 15,633,051 SH   SOLE   14,855,848 0 777,203
ONCOMED PHARMACEUTICALS INC COM 68234X102 507 219,420 SH   SOLE   219,420 0 0
ORACLE CORP COM 68389X105 1,813,871 41,168,206 SH   SOLE   39,034,528 0 2,133,678
OSISKO GOLD ROYALTIES LTD COM 68827L101 14,355 1,514,257 SH   SOLE   1,514,257 0 0
PACKAGING CORP AMER COM 695156109 111,913 1,001,101 SH   DFND 1 0 1,001,101 0
PAIN THERAPEUTICS INC COM NEW 69562K506 1,928 936,096 SH   SOLE   936,096 0 0
PARK CITY GROUP INC COM NEW 700215304 2,627 332,572 SH   SOLE   332,572 0 0
PHILIP MORRIS INTL INC COM 718172109 453,908 5,621,843 SH   SOLE   5,346,505 0 275,338
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 2,364 100,000 SH   SOLE   100,000 0 0
POST HLDGS INC COM 737446104 46,989 546,253 SH   DFND 1 0 546,253 0
POST HLDGS INC COM 737446104 1,815 500 SH Call DFND 1 0 500 0
PRAXAIR INC COM 74005P104 284,651 1,799,882 SH   SOLE   1,713,521 0 86,361
QORVO INC COM 74736K101 39,612 494,100 SH   DFND 1 0 494,100 0
RANDGOLD RES LTD ADR 752344309 95,544 1,239,386 SH   SOLE   1,212,367 0 27,019
RICEBRAN TECHNOLOGIES COM NEW 762831204 216 100,000 SH   SOLE   100,000 0 0
ROYAL GOLD INC COM 780287108 319,011 3,436,142 SH   SOLE   3,334,413 0 101,729
S&P GLOBAL INC COM 78409V104 8,156 40,000 SH   SOLE   40,000 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 29,341 5,067,615 SH   SOLE   4,949,408 0 118,207
SCHLUMBERGER LTD COM 806857108 1,288,258 19,219,131 SH   SOLE   18,270,274 0 948,857
SCOTTS MIRACLE GRO CO CL A 810186106 189,025 2,273,031 SH   SOLE   2,150,262 0 122,769
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 55,340 930,548 SH   DFND 1 0 930,548 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 16,265 733,332 SH   SOLE   733,332 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 699,465 5,895,194 SH   SOLE   3,574,932 0 2,320,262
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 128 12,540 SH   SOLE   12,540 0 0
SUMMIT THERAPEUTICS PLC SPONS ADS 86627R102 478 194,900 SH   SOLE   194,900 0 0
SUNESIS PHARMACEUTICALS INC COM PAR 867328700 677 319,480 SH   SOLE   319,480 0 0
SYNCHRONY FINL COM 87165B103 532,869 15,963,732 SH   SOLE   15,159,692 0 804,040
TAHOE RES INC COM 873868103 35,277 7,160,667 SH   SOLE   7,160,667 0 0
TECHNIPFMC PLC COM G87110105 1,100,987 34,687,671 SH   SOLE   33,387,782 0 1,299,889
TERADATA CORP DEL COM 88076W103 679,634 16,927,362 SH   SOLE   16,289,416 0 637,946
TEXAS INSTRS INC COM 882508104 368,758 3,344,743 SH   SOLE   3,184,102 0 160,641
THERAPEUTICSMD INC COM 88338N107 14,088 2,257,752 SH   DFND 1 0 2,257,752 0
TIFFANY & CO NEW COM 886547108 383,086 2,910,986 SH   SOLE   2,767,010 0 143,976
TIVO CORP COM 88870P106 0 9 SH   SOLE   9 0 0
TRANSMONTAIGNE PARTNERS L P COM UNIT L P 89376V100 22,515 611,161 SH   SOLE   611,161 0 0
TRAVELERS COMPANIES INC COM 89417E109 57,775 472,252 SH   SOLE   447,683 0 24,569
TYSON FOODS INC CL A 902494103 70,068 1,017,686 SH   DFND 1 0 1,017,686 0
TYSON FOODS INC CL A 902494103 303 250 SH Call DFND 1 0 250 0
UGI CORP NEW COM 902681105 394,762 7,581,374 SH   SOLE   7,213,953 0 367,421
UNION PAC CORP COM 907818108 886,660 6,258,187 SH   SOLE   5,949,235 0 308,952
UNIVAR INC COM 91336L107 39,267 1,496,472 SH   DFND 1 0 1,496,472 0
UNIVERSAL HLTH SVCS INC CL B 913903100 278,359 2,497,833 SH   SOLE   2,363,648 0 134,185
US BANCORP DEL COM NEW 902973304 587,536 11,746,017 SH   SOLE   11,054,907 0 691,110
VAREX IMAGING CORP COM 92214X106 36,709 989,740 SH   SOLE   936,735 0 53,005
VARIAN MED SYS INC COM 92220P105 424,375 3,731,755 SH   SOLE   3,531,801 0 199,954
VERSUM MATLS INC COM 92532W103 34,011 915,515 SH   DFND 1 0 915,515 0
VISA INC COM CL A 92826C839 238,973 1,804,248 SH   SOLE   1,709,870 0 94,378
VISTA OUTDOOR INC COM 928377100 71,935 4,643,969 SH   SOLE   4,442,757 0 201,212
VISTEON CORP COM NEW 92839U206 81,591 631,315 SH   DFND 1 0 631,315 0
W R BERKLEY CORPORATION COM 084423102 486,242 6,715,120 SH   SOLE   6,252,137 0 462,983
WESTERN DIGITAL CORP COM 958102105 64,657 835,249 SH   DFND 1 0 835,249 0
WEYERHAEUSER CO COM 962166104 1,382,343 37,913,948 SH   SOLE   36,110,085 0 1,803,863
WHEATON PRECIOUS METALS CORP COM 962879102 598,293 27,121,172 SH   SOLE   26,047,931 0 1,073,241
WILLIS TOWERS WATSON PUB LTD SHS G96629103 609,093 4,017,763 SH   SOLE   3,850,743 0 167,020
WYNDHAM DESTINATIONS INC COM 98310W108 68,275 1,542,238 SH   DFND 1 0 1,542,238 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 52,469 891,875 SH   DFND 1 0 891,875 0
XILINX INC COM 983919101 603,521 9,247,948 SH   SOLE   8,805,110 0 442,838