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 842,938 4,056,878 SH   SOLE   3,843,907 0 212,971
AEROJET ROCKETDYNE HLDGS INC COM 007800105 22,753 640,377 SH   DFND 1 0 640,377 0
AGNICO EAGLE MINES LTD COM 008474108 516,558 11,881,236 SH   SOLE   11,396,237 0 484,999
AKOUSTIS TECHNOLOGIES INC COM 00973N102 1,769 304,490 SH   SOLE   304,490 0 0
ALAMOS GOLD INC NEW COM CL A 011532108 15,040 2,964,338 SH   SOLE   2,964,338 0 0
ALBEMARLE CORP COM 012653101 4,563 2,500 SH Call DFND 1 0 2,500 0
ALBEMARLE CORP COM 012653101 2,325 1,500 SH Call DFND 1 0 1,500 0
ALEXION PHARMACEUTICALS INC COM 015351109 19,723 145,900 SH   DFND 1 0 145,900 0
ALLEGHANY CORP DEL COM 017175100 394,705 644,522 SH   SOLE   612,137 0 32,385
ALLERGAN PLC SHS G0177J108 32,796 224,000 SH   DFND 1 0 224,000 0
ALPHABET INC CAP STK CL C 02079K107 274,907 234,300 SH   SOLE   217,820 0 16,480
ALPHABET INC CAP STK CL A 02079K305 211,896 180,047 SH   SOLE   172,823 0 7,224
AMERICAN EXPRESS CO COM 025816109 705,210 6,452,058 SH   SOLE   6,057,723 0 394,335
AMERIPRISE FINL INC COM 03076C106 2,732 21,324 SH   SOLE   21,324 0 0
ANALOG DEVICES INC COM 032654105 445,994 4,236,667 SH   SOLE   3,999,938 0 236,729
ANGLOGOLD ASHANTI LTD SPONSORED ADR 035128206 19,859 1,515,964 SH   SOLE   1,515,964 0 0
ANTHEM INC COM 036752103 44,451 154,892 SH   DFND 1 0 154,892 0
ANTHEM INC COM 036752103 482,844 1,682,501 SH   SOLE   1,585,507 0 96,994
AON PLC SHS CL A G0408V102 30,093 176,289 SH   DFND 1 0 176,289 0
ARC GROUP WORLDWIDE INC COM 00213H105 1,990 2,171,097 SH   SOLE   2,171,097 0 0
ARQULE INC COM 04269E107 77,029 16,081,128 SH   SOLE   16,081,128 0 0
B2GOLD CORP COM 11777Q209 37,890 13,538,659 SH   SOLE   13,538,659 0 0
BALL CORP COM 058498106 66,804 1,154,572 SH   DFND 1 0 1,154,572 0
BALL CORP COM 058498106 6,345 3,000 SH Call DFND 1 0 3,000 0
BANK NEW YORK MELLON CORP COM 064058100 905,559 17,956,761 SH   SOLE   16,885,740 0 1,071,021
BARRICK GOLD CORPORATION COM 067901108 657,274 47,941,237 SH   SOLE   46,051,062 0 1,890,175
BB&T CORP COM 054937107 610,441 13,119,294 SH   SOLE   12,405,001 0 714,293
BERKLEY W R CORP COM 084423102 563,955 6,656,691 SH   SOLE   6,181,388 0 475,303
BERKSHIRE HATHAWAY INC DEL CL A 084670108 372,001 1,235 SH   SOLE   1,163 0 72
BIOLIFE SOLUTIONS INC COM NEW 09062W204 3,177 177,578 SH   SOLE   177,578 0 0
BLACKBERRY LTD COM 09228F103 14,997 1,486,362 SH   DFND 1 0 1,486,362 0
BLOCK H & R INC COM 093671105 184,476 7,705,778 SH   SOLE   7,294,148 0 411,630
BOOKING HLDGS INC COM 09857L108 249,590 143,039 SH   SOLE   134,371 0 8,668
BROWN & BROWN INC COM 115236101 334,084 11,321,052 SH   SOLE   10,700,201 0 620,851
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 536,570 6,168,181 SH   SOLE   5,860,342 0 307,839
CASSAVA SCIENCES INC COM 14817C107 2,188 1,696,181 SH   SOLE   1,696,181 0 0
CENOVUS ENERGY INC COM 15135U109 226,628 26,109,212 SH   SOLE   24,803,499 0 1,305,713
CHEMOURS CO COM 163851108 69,728 1,876,420 SH   DFND 1 0 1,876,420 0
CINCINNATI FINL CORP COM 172062101 165,603 1,927,856 SH   SOLE   1,816,285 0 111,571
CINTAS CORP COM 172908105 176,819 874,865 SH   SOLE   827,956 0 46,909
COLGATE PALMOLIVE CO COM 194162103 879,883 12,837,504 SH   SOLE   12,102,279 0 735,225
COMCAST CORP NEW CL A 20030N101 1,384,474 34,629,153 SH   SOLE   32,583,703 0 2,045,450
COMPANIA CERVECERIAS UNIDAS SPONSORED ADR 204429104 211,866 7,191,636 SH   SOLE   7,112,136 0 79,500
CONDUENT INC COM 206787103 13,799 997,767 SH   DFND 1 0 997,767 0
CONOCOPHILLIPS COM 20825C104 224,510 3,363,944 SH   SOLE   3,171,686 0 192,258
CONSTELLATION PHARMCETICLS I COM 210373106 1,694 125,000 SH   SOLE   125,000 0 0
CREE INC COM 225447101 32,181 562,400 SH   DFND 1 0 562,400 0
CUI GLOBAL INC COM NEW 126576206 4,065 3,445,292 SH   SOLE   3,445,292 0 0
CUMMINS INC COM 231021106 397,006 2,514,763 SH   SOLE   2,378,398 0 136,365
DCP MIDSTREAM LP COM UT LTD PTN 23311P100 83,908 2,538,805 SH   SOLE   2,538,805 0 0
DEERE & CO COM 244199105 753,927 4,716,762 SH   SOLE   4,479,229 0 237,533
DENTSPLY SIRONA INC COM 24906P109 314,784 6,347,734 SH   SOLE   5,975,993 0 371,741
DURECT CORP COM 266605104 14,068 22,476,546 SH   SOLE   22,476,546 0 0
EASTMAN KODAK CO COM NEW 277461406 4,029 1,361,118 SH   SOLE   1,361,118 0 0
ELDORADO GOLD CORP NEW COM 284902509 4,469 968,038 SH   SOLE   968,038 0 0
EQUIFAX INC COM 294429105 15,514 130,916 SH   DFND 1 0 130,916 0
EQUIFAX INC COM 294429105 9,675 2,500 SH Call DFND 1 0 2,500 0
EQUIFAX INC COM 294429105 1,720 500 SH Call DFND 1 0 500 0
EXXON MOBIL CORP COM 30231G102 1,475,563 18,261,922 SH   SOLE   17,207,831 0 1,054,091
FACEBOOK INC CL A 30303M102 369,792 2,218,444 SH   SOLE   2,078,942 0 139,502
FLOWSERVE CORP COM 34354P105 564,753 12,511,140 SH   SOLE   11,868,018 0 643,122
FRANCO NEVADA CORP COM 351858105 345,451 4,607,686 SH   SOLE   4,408,178 0 199,508
FRONTDOOR INC COM 35905A109 27,667 803,799 SH   DFND 1 0 803,799 0
GENERAL DYNAMICS CORP COM 369550108 21,473 126,847 SH   DFND 1 0 126,847 0
GOLDCORP INC NEW COM 380956409 306,976 26,833,590 SH   SOLE   25,294,036 0 1,539,554
HALOZYME THERAPEUTICS INC COM 40637H109 34,265 2,128,275 SH   DFND 1 0 2,128,275 0
HCA HEALTHCARE INC COM 40412C101 295,906 2,269,568 SH   SOLE   2,147,732 0 121,836
HP INC COM 40434L105 55,455 2,854,114 SH   DFND 1 0 2,854,114 0
HUNTSMAN CORP COM 447011107 17,728 788,266 SH   DFND 1 0 788,266 0
IDENTIV INC COM NEW 45170X205 9,339 1,853,004 SH   SOLE   1,853,004 0 0
IMPERIAL OIL LTD COM NEW 453038408 605,224 22,170,822 SH   SOLE   21,162,760 0 1,008,062
INDEPENDENCE HLDG CO NEW COM NEW 453440307 3,857 109,423 SH   SOLE   109,423 0 0
INFINITY PHARMACEUTICALS INC COM 45665G303 940 500,000 SH   SOLE   500,000 0 0
INNOVIVA INC COM 45781M101 5,922 422,100 SH   DFND 1 0 422,100 0
INTELLICHECK INC COM NEW 45817G201 6,279 1,778,678 SH   SOLE   1,778,678 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 24,222 318,127 SH   DFND 1 0 318,127 0
INTEVAC INC COM 461148108 27,729 4,523,414 SH   SOLE   4,523,414 0 0
INTREXON CORP COM 46122T102 4,432 842,665 SH   DFND 1 0 842,665 0
IPG PHOTONICS CORP COM 44980X109 247,071 1,627,820 SH   SOLE   1,530,452 0 97,368
ISRAEL CHEMICALS LTD SHS M5920A109 27,851 5,358,730 SH   SOLE   5,120,346 0 238,384
JPMORGAN CHASE & CO COM 46625H100 3,037 30,000 SH   SOLE   30,000 0 0
KINROSS GOLD CORP COM 496902404 9,623 2,797,363 SH   SOLE   2,797,363 0 0
KKR & CO INC CL A 48251W104 31,927 1,359,180 SH   DFND 1 0 1,359,180 0
KOPIN CORP COM 500600101 268 200,000 SH   SOLE   200,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 573 22,989 SH   SOLE   22,989 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 170,190 7,029,739 SH   SOLE   6,686,415 0 343,324
LIBERTY LATIN AMERICA LTD COM CL A G9001E102 78 4,017 SH   SOLE   4,017 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 237 12,166 SH   SOLE   12,166 0 0
LIBERTY MEDIA CORP DELAWARE COM A SIRIUSXM 531229409 3,032 79,405 SH   SOLE   79,405 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 6,073 158,810 SH   SOLE   158,810 0 0
LIBERTY MEDIA CORP DELAWARE COM A BRAVES GRP 531229706 222 7,939 SH   SOLE   7,939 0 0
LIBERTY MEDIA CORP DELAWARE COM C BRAVES GRP 531229888 441 15,880 SH   SOLE   15,880 0 0
LINDE PLC COM G5494J103 815,129 4,648,469 SH   SOLE   4,438,586 0 209,883
M & T BK CORP COM 55261F104 1,104 7,032 SH   SOLE   7,032 0 0
MAG SILVER CORP COM 55903Q104 30,224 2,830,367 SH   SOLE   2,830,367 0 0
MARATHON PETE CORP COM 56585A102 46,117 770,543 SH   DFND 1 0 770,543 0
MARTIN MARIETTA MATLS INC COM 573284106 61,220 304,306 SH   DFND 1 0 304,306 0
MEDICINES CO COM 584688105 13,776 492,873 SH   DFND 1 0 492,873 0
MICROSOFT CORP COM 594918104 637,651 5,406,570 SH   SOLE   5,102,289 0 304,281
NATIONAL OILWELL VARCO INC COM 637071101 619,103 23,239,620 SH   SOLE   21,869,614 0 1,370,006
NEWMONT MNG CORP COM 651639106 429,982 12,020,757 SH   SOLE   11,526,661 0 494,096
NGL ENERGY PARTNERS LP COM UNIT REPST 62913M107 25,703 1,832,015 SH   SOLE   1,832,015 0 0
NOVAGOLD RES INC COM NEW 66987E206 33,578 8,052,359 SH   SOLE   8,052,359 0 0
NOW INC COM 67011P100 115,870 8,300,176 SH   SOLE   7,878,036 0 422,140
NUSTAR ENERGY LP UNIT COM 67058H102 6,723 250,000 SH   SOLE   250,000 0 0
NUTRIEN LTD COM 67077M108 1,199,916 22,742,907 SH   SOLE   21,691,185 0 1,051,722
NVENT ELECTRIC PLC SHS G6700G107 37,905 1,404,946 SH   DFND 1 0 1,404,946 0
OMNICOM GROUP INC COM 681919106 620,127 8,496,060 SH   SOLE   8,024,479 0 471,581
ORACLE CORP COM 68389X105 1,731,756 32,242,713 SH   SOLE   30,278,766 0 1,963,947
PACKAGING CORP AMER COM 695156109 53,841 541,773 SH   DFND 1 0 541,773 0
PARK CITY GROUP INC COM NEW 700215304 2,832 354,392 SH   SOLE   354,392 0 0
PERRIGO CO PLC SHS G97822103 33,110 687,500 SH   DFND 1 0 687,500 0
PERRIGO CO PLC SHS G97822103 1,520 1,000 SH Call DFND 1 0 1,000 0
PHILIP MORRIS INTL INC COM 718172109 1,039,622 11,761,757 SH   SOLE   11,070,928 0 690,829
POST HLDGS INC COM 737446104 65,255 596,477 SH   DFND 1 0 596,477 0
QORVO INC COM 74736K101 34,924 486,885 SH   DFND 1 0 486,885 0
RICEBRAN TECHNOLOGIES COM NEW 762831204 698 187,500 SH   SOLE   187,500 0 0
ROYAL GOLD INC COM 780287108 288,002 3,167,299 SH   SOLE   3,066,894 0 100,405
S&P GLOBAL INC COM 78409V104 8,422 40,000 SH   SOLE   40,000 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105 27,197 5,064,630 SH   SOLE   4,948,111 0 116,519
SCHLUMBERGER LTD COM 806857108 1,216,134 27,912,184 SH   SOLE   26,173,606 0 1,738,578
SCOTTS MIRACLE GRO CO CL A 810186106 224,382 2,855,460 SH   SOLE   2,689,616 0 165,844
SERVICEMASTER GLOBAL HLDGS I COM 81761R109 50,780 1,087,357 SH   DFND 1 0 1,087,357 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 16,172 790,797 SH   SOLE   790,797 0 0
SHERWIN WILLIAMS CO COM 824348106 2,498 5,800 SH   DFND 1 0 5,800 0
SNAP INC CL A 83304A106 935 3,500 SH Call DFND 1 0 3,500 0
SPDR GOLD TRUST GOLD SHS 78463V107 827,830 6,784,933 SH   SOLE   3,735,806 0 3,049,127
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 131 12,540 SH   SOLE   12,540 0 0
SUNESIS PHARMACEUTICALS INC COM PAR 867328700 358 294,480 SH   SOLE   294,480 0 0
SUPER LEAGUE GAMING INC COM 86804F202 661 82,150 SH   SOLE   82,150 0 0
SYNCHRONY FINL COM 87165B103 225,970 7,083,711 SH   SOLE   6,676,636 0 407,075
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADS 874039100 400,672 9,782,035 SH   SOLE   9,342,164 0 439,871
TECHNIPFMC PLC COM G87110105 718,367 30,542,804 SH   SOLE   29,001,058 0 1,541,746
TERADATA CORP DEL COM 88076W103 657,867 15,071,402 SH   SOLE   14,388,921 0 682,481
TEXAS INSTRS INC COM 882508104 414,542 3,908,196 SH   SOLE   3,703,105 0 205,091
THERAPEUTICSMD INC COM 88338N107 7,032 1,443,856 SH   DFND 1 0 1,443,856 0
TIFFANY & CO NEW COM 886547108 306,580 2,904,595 SH   SOLE   2,748,395 0 156,200
TRAVELERS COMPANIES INC COM 89417E109 296,558 2,162,132 SH   SOLE   2,045,004 0 117,128
TYSON FOODS INC CL A 902494103 295 250 SH Call DFND 1 0 250 0
UGI CORP NEW COM 902681105 186,562 3,366,332 SH   SOLE   3,183,570 0 182,762
UNION PACIFIC CORP COM 907818108 632,163 3,780,881 SH   SOLE   3,554,264 0 226,617
UNIVAR INC COM 91336L107 33,323 1,503,750 SH   DFND 1 0 1,503,750 0
UNIVERSAL HLTH SVCS INC CL B 913903100 389,523 2,911,888 SH   SOLE   2,736,844 0 175,044
US BANCORP DEL COM NEW 902973304 569,878 11,825,640 SH   SOLE   11,129,317 0 696,323
VARIAN MED SYS INC COM 92220P105 215,427 1,520,092 SH   SOLE   1,426,855 0 93,237
VERSUM MATLS INC COM 92532W103 29,656 589,475 SH   DFND 1 0 589,475 0
VISTA OUTDOOR INC COM 928377100 36,985 4,617,351 SH   SOLE   4,422,675 0 194,676
VISTEON CORP COM NEW 92839U206 18,249 270,954 SH   DFND 1 0 270,954 0
WELLS FARGO CO NEW COM 949746101 400,503 8,288,556 SH   SOLE   7,829,178 0 459,378
WELLS FARGO CO NEW PERP PFD CNV A 949746804 11,030 8,535 SH   SOLE   8,535 0 0
WESTERN DIGITAL CORP COM 958102105 8,120 7,000 SH Call DFND 1 0 7,000 0
WEYERHAEUSER CO COM 962166104 1,131,700 42,965,089 SH   SOLE   40,504,534 0 2,460,555
WHEATON PRECIOUS METALS CORP COM 962879102 669,897 28,123,305 SH   SOLE   26,886,961 0 1,236,344
WILLIS TOWERS WATSON PUB LTD SHS G96629103 686,491 3,908,288 SH   SOLE   3,721,995 0 186,293
WYNDHAM DESTINATIONS INC COM 98310W108 68,653 1,695,544 SH   DFND 1 0 1,695,544 0
WYNDHAM HOTELS & RESORTS INC COM 98311A105 36,891 737,968 SH   DFND 1 0 737,968 0
X4 PHARMACEUTICALS INC COM 98420X103 361 20,730 SH   SOLE   20,730 0 0
XEROX CORP COM NEW 984121608 47,414 1,482,600 SH   SOLE   1,482,600 0 0
XILINX INC COM 983919101 67,029 528,662 SH   SOLE   496,638 0 32,024
ZILLOW GROUP INC CL C CAP STK 98954M200 3,415 98,300 SH   DFND 1 0 98,300 0