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
ABBOTT LABS COM 002824100 2,599 26,860 SH   SOLE 1 26,860 0 0
ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS 003260106 6,054 75,760 SH   SOLE 1 75,760 0 0
AGNICO EAGLE MINES LTD COM 008474108 2,589 61,312 SH   SOLE 1 61,312 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0 610 600,000 PRN   SOLE 1 600,000 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 00971TAL5 279 300,000 PRN   SOLE 1 300,000 0 0
ALLEGHANY CORP MD COM 017175100 781 930 SH   SOLE 1 930 0 0
ALLEGIANCE BANCSHARES INC COM 01748H107 206 4,950 SH   SOLE 1 4,950 0 0
ALPHABET INC CAP STK CL A 02079K305 2,150 22,475 SH   SOLE 1 22,475 0 0
ALPHABET INC CAP STK CL C 02079K107 3,836 39,900 SH   SOLE 1 39,900 0 0
A-MARK PRECIOUS METALS INC COM 00181T107 1,222 43,058 SH   SOLE 1 43,058 0 0
GALLAGHER ARTHUR J & CO COM 363576109 19,010 111,025 SH   SOLE 1 111,025 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 323 5,885 SH   SOLE 1 5,885 0 0
AXALTA COATING SYS LTD COM G0750C108 8,397 398,700 SH   SOLE 1 398,700 0 0
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 6,569 202,370 SH   SOLE 1 202,370 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 38,753 145,130 SH   SOLE 1 145,130 0 0
BIOMARIN PHARMACEUTICAL INC NOTE 0.599% 8/0 09061GAH4 991 1,000,000 PRN   SOLE 1 1,000,000 0 0
BROWN & BROWN INC COM 115236101 19,120 316,130 SH   SOLE 1 316,130 0 0
CAMBRIDGE BANCORP COM 132152109 1,444 18,115 SH   SOLE   18,115 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 7,881 221,625 SH   SOLE 1 221,625 0 0
CBOE GLOBAL MKTS INC COM 12503M108 9,233 78,670 SH   SOLE 1 78,670 0 0
CBTX INC COM 12481V104 3,254 111,253 SH   SOLE 1 111,253 0 0
CHURCH & DWIGHT CO INC COM 171340102 8,035 112,479 SH   SOLE 1 112,479 0 0
CIGNA CORP NEW COM 125523100 12,321 44,405 SH   SOLE 1 44,405 0 0
CITIGROUP INC COM NEW 172967424 5,198 124,735 SH   SOLE 1 124,735 0 0
CITIGROUP INC COM NEW 172967424 3,750 90,000 SH Call SOLE 1 90,000 0 0
CNB FINL CORP PA COM 126128107 251 10,638 SH   SOLE   10,638 0 0
COLGATE PALMOLIVE CO COM 194162103 868 12,350 SH   SOLE 1 12,350 0 0
COMERICA INC COM 200340107 10,404 146,325 SH   SOLE 1 146,325 0 0
CURTISS WRIGHT CORP COM 231561101 9,382 67,420 SH   SOLE 1 67,420 0 0
DARDEN RESTAURANTS INC COM 237194105 12,667 100,275 SH   SOLE 1 100,275 0 0
DARDEN RESTAURANTS INC COM 237194105 4,863 38,500 SH Call SOLE   38,500 0 0
DEVON ENERGY CORP NEW COM 25179M103 2,731 45,425 SH   SOLE 1 45,425 0 0
DIAMOND HILL INVT GROUP INC COM NEW 25264R207 1,955 11,850 SH   SOLE 1 11,850 0 0
EATON CORP PLC SHS G29183103 7,551 56,620 SH   SOLE 1 56,620 0 0
EATON CORP PLC SHS G29183103 2,200 16,500 SH Call SOLE   16,500 0 0
EBAY INC. COM 278642103 5,392 146,475 SH   SOLE 1 146,475 0 0
EVEREST RE GROUP LTD COM G3223R108 9,893 37,695 SH   SOLE 1 37,695 0 0
EVERTEC INC COM 30040P103 219 7,000 SH   SOLE   7,000 0 0
EXPEDIA GROUP INC COM NEW 30212P303 7,146 76,275 SH   SOLE 1 76,275 0 0
EXXON MOBIL CORP COM 30231G102 899 10,300 SH   SOLE   10,300 0 0
FARO TECHNOLOGIES INC COM 311642102 3,636 132,500 SH   SOLE 1 132,500 0 0
FARO TECHNOLOGIES INC COM 311642102 274 10,000 SH Call SOLE   10,000 0 0
FEDERATED HERMES INC CL B 314211103 17,131 517,250 SH   SOLE 1 517,250 0 0
FIRST AMERN FINL CORP COM 31847r102 280 6,075 SH   SOLE 1 6,075 0 0
FIRST BANCORP P R COM NEW 318672706 10,719 783,575 SH   SOLE 1 783,575 0 0
FOUR CORNERS PPTY TR INC COM 35086T109 391 16,146 SH   SOLE 1 16,146 0 0
GENERAL DYNAMICS CORP COM 369550108 6,141 28,945 SH   SOLE   28,945 0 0
GLOBE LIFE INC COM 37959E102 20,643 207,050 SH   SOLE 1 207,050 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 4,029 300,252 SH   SOLE 1 300,252 0 0
HENRY SCHEIN INC COM 806407102 2,815 42,800 SH   SOLE 1 42,800 0 0
HESS CORP COM 42809H107 6,188 56,775 SH   SOLE 1 56,775 0 0
HOME DEPOT INC COM 437076102 8,584 31,109 SH   SOLE 1 31,109 0 0
HOME DEPOT INC COM 437076102 8,692 31,500 SH Call SOLE   31,500 0 0
HOSTESS BRANDS INC CL A 44109J106 3,453 148,575 SH   SOLE 1 148,575 0 0
INVESCO LTD SHS G491BT108 1,495 109,090 SH   SOLE 1 109,090 0 0
JOHNSON & JOHNSON COM 478160104 9,105 55,734 SH   SOLE 1 55,734 0 0
KAMAN CORP NOTE 3.250% 5/0 483548AF0 939 1,000,000 PRN   SOLE 1 1,000,000 0 0
KEMPER CORP COM 488401100 5,365 130,025 SH   SOLE 1 130,025 0 0
KEYCORP COM 493267108 10,564 659,425 SH   SOLE 1 659,425 0 0
LEIDOS HOLDINGS INC COM 525327102 11,384 130,145 SH   SOLE 1 130,145 0 0
LIGAND PHARMACEUTICALS INC NOTE 0.750% 5/1 53220KAF5 387 400,000 PRN   SOLE 1 400,000 0 0
LITTELFUSE INC COM 537008104 10,655 53,625 SH   SOLE 1 53,625 0 0
LOUISIANA PAC CORP COM 546347105 229 4,470 SH   SOLE 1 4,470 0 0
MANCHESTER UTD PLC NEW ORD CL A G5784H106 675 50,900 SH   SOLE   50,900 0 0
MARKEL CORP COM 570535104 6,259 5,773 SH   SOLE 1 5,773 0 0
MARSH & MCLENNAN COS INC COM 571748102 776 5,200 SH   SOLE   5,200 0 0
MEDTRONIC PLC SHS G5960L103 9,979 123,580 SH   SOLE 1 123,580 0 0
MERCK & CO INC COM 58933Y105 16,775 194,788 SH   SOLE 1 194,788 0 0
MICROSOFT CORP COM 594918104 6,781 29,117 SH   SOLE 1 29,117 0 0
MID PENN BANCORP INC COM 59540G107 599 20,850 SH   SOLE   20,850 0 0
MONDELEZ INTL INC CL A 609207105 10,206 186,141 SH   SOLE 1 186,141 0 0
MOOG INC CL A 615394202 3,489 49,600 SH   SOLE 1 49,600 0 0
NEWMONT CORP COM 651639106 3,169 75,395 SH   SOLE 1 75,395 0 0
NOODLES & CO COM CL A 65540B105 3,840 816,933 SH   SOLE 1 816,933 0 0
NUVASIVE INC COM 670704105 6,272 143,175 SH   SOLE 1 143,175 0 0
NUVASIVE INC NOTE 0.375% 3/1 670704AJ4 523 600,000 PRN   SOLE 1 600,000 0 0
ORACLE CORP COM 68389X105 4,284 70,155 SH   SOLE 1 70,155 0 0
ORIGIN BANCORP INC COM 68621T102 3,560 92,550 SH   SOLE 1 92,550 0 0
OTIS WORLDWIDE CORP COM 68902V107 7,459 116,915 SH   SOLE 1 116,915 0 0
PALO ALTO NETWORKS INC NOTE 0.750% 7/0 697435AD7 742 400,000 PRN   SOLE 1 400,000 0 0
PAYCHEX INC COM 704326107 3,697 32,950 SH   SOLE 1 32,950 0 0
PAYPAL HLDGS INC COM 70450y103 3,783 43,950 SH   SOLE 1 43,950 0 0
PENTAIR PLC SHS G7S00T104 4,966 122,235 SH   SOLE 1 122,235 0 0
PFIZER INC COM 717081103 6,348 145,075 SH   SOLE 1 145,075 0 0
PINNACLE FINL PARTNERS INC COM 72346Q104 6,593 81,295 SH   SOLE 1 81,295 0 0
PIONEER NAT RES CO COM 723787107 17,034 78,668 SH   SOLE 1 78,668 0 0
PJT PARTNERS INC COM CL A 69343T107 3,789 56,700 SH   SOLE   56,700 0 0
PPG INDS INC COM 693506107 5,861 52,950 SH   SOLE   52,950 0 0
PRIMERICA INC COM 74164M108 10,643 86,215 SH   SOLE 1 86,215 0 0
PROCTER AND GAMBLE CO COM 742718109 5,140 40,710 SH   SOLE   40,710 0 0
PROGRESSIVE CORP COM 743315103 11,188 96,275 SH   SOLE   96,275 0 0
QCR HOLDINGS INC COM 74727A104 3,823 75,050 SH   SOLE 1 75,050 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 4,578 55,930 SH   SOLE 1 55,930 0 0
RENAISSANCERE HLDGS LTD COM G7496G103 10,587 75,409 SH   SOLE 1 75,409 0 0
SCHLUMBERGER LTD COM STK 806857108 9,647 268,725 SH   SOLE 1 268,725 0 0
SENSATA TECHNOLOGIES HLDG PL SHS G8060N102 7,677 205,925 SH   SOLE 1 205,925 0 0
SOUTHSTATE CORPORATION COM 840441109 8,889 112,350 SH   SOLE 1 112,350 0 0
STATE STR CORP COM 857477103 8,316 136,750 SH   SOLE 1 136,750 0 0
SUNCOR ENERGY INC NEW COM 867224107 3,361 119,400 SH   SOLE 1 119,400 0 0
SYNOVUS FINL CORP COM NEW 87161C501 6,035 160,900 SH   SOLE 1 160,900 0 0
TEXAS ROADHOUSE INC COM 882681109 5,356 61,375 SH   SOLE 1 61,375 0 0
HOWARD HUGHES CORP COM 44267d107 8,381 151,305 SH   SOLE 1 151,305 0 0
PNC FINL SVCS GROUP INC COM 693475105 4,799 32,120 SH   SOLE   32,120 0 0
US BANCORP DEL COM NEW 902973304 10,970 272,070 SH   SOLE 1 272,070 0 0
V2X INC COM 92242T101 4,031 113,880 SH   SOLE 1 113,880 0 0
VERINT SYSTEMS INC NOTE 0.250% 4/1 92343XAC4 830 1,000,000 PRN   SOLE 1 1,000,000 0 0
VOYA FINANCIAL INC COM 929089100 13,794 228,000 SH   SOLE 1 228,000 0 0
BERKLEY W R CORP COM 084423102 6,766 104,770 SH   SOLE 1 104,770 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 246 7,830 SH   SOLE 1 7,830 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 4,013 3,080 SH   SOLE 1 3,080 0 0
ZILLOW GROUP INC NOTE 2.750% 5/1 98954MAH4 636 700,000 PRN   SOLE 1 700,000 0 0
ZIMVIE INC COM 98888T107 389 39,400 SH   SOLE 1 39,400 0 0