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
INSMED INC NOTE 1.750% 1/1 457669AA7 8,837 9,065,000 SH   SOLE   9,065,000 0 0
GOGO INC NOTE 6.000% 5/1 38046CAD1 2,074 2,910,000 SH   SOLE   2,910,000 0 0
BAIDU INC SPON ADR REP A 056752108 11,165 93,124 SH   SOLE   93,124 0 0
AIR TRANSPORT SERVICES GROUP COM 00922R105 17,081 766,999 SH   SOLE   766,999 0 0
AIR TRANSPORT SERVICES GROUP NOTE 1.125% 10/1 00922RAB1 5,672 6,000,000 SH   SOLE   6,000,000 0 0
ALPHABET INC CAP STK CL A 02079K107 16,352 11,531 SH   SOLE   11,531 0 0
CHROMADEX CORP COM NEW 171077407 1,651 359,746 SH   SOLE   359,746 0 0
INSMED INC COM PAR $.01 457669307 8,662 314,508 SH   SOLE   314,508 0 0
LABORATORY CRP OF AMER HLDGS COM NEW 50540R409 7,584 45,657 SH   SOLE   45,657 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 10,950 89,617 SH   SOLE   89,617 0 0
NELNET INC CL A 64031N108 25,246 528,821 SH   SOLE   528,821 0 0
OFS CAP CORP COM 67103B100 520 115,066 SH   SOLE   115,066 0 0
PAYPAL HOLDINGS INC COM 70450Y103 9,001 51,662 SH   SOLE   51,662 0 0
PROGRESSIVE CORP COM 743315103 5,737 71,610 SH   SOLE   71,610 0 0
READING INTERNATIONAL INC-A CL A 755408101 151 35,609 SH   SOLE   35,609 0 0