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 COMPANY COM 88579Y101 2,982 17,898 SH   SOLE   17,184 0 714
3M COMPANY COM 88579Y101 208 1,250 SH   OTR   0 0 1,250
ABBOTT LABS COM 002824100 75,987 1,816,572 SH   SOLE   1,726,737 0 89,835
ABBOTT LABS COM 002824100 82 1,950 SH   OTR   1,850 0 100
ABBVIE INC. COM COM 00287y109 4,189 73,334 SH   SOLE   72,276 0 1,058
ACCENTURE PLC COM G1151C101 217 1,880 SH   SOLE   1,880 0 0
AGILENT TECHNOLOGIES INC COM 00846U101 379 9,500 SH   SOLE   9,500 0 0
AGROFRESH SOLUTIONS COM COM 00856g109 13,951 2,179,874 SH   SOLE   2,099,989 0 79,885
AGROFRESH SOLUTIONS COM COM 00856g109 81 12,700 SH   OTR   12,300 0 400
ALIBABA GROUP HLDG LTD SPONSOR COM 01609w102 1,772 22,418 SH   SOLE   22,418 0 0
ALLERGAN PLC SHS COM g0177j108 207 772 SH   SOLE   772 0 0
ALLSTATE CORP COM COM 020002101 337 5,008 SH   SOLE   3,650 0 1,358
ALPHABET INC CAP STK CL A COM 02079k305 47,007 61,616 SH   SOLE   57,934 0 3,682
ALPHABET INC CAP STK CL A COM 02079k305 107 140 SH   OTR   130 0 10
ALPHABET INC CAP STK CL C COM 02079k107 56,112 75,323 SH   SOLE   69,835 0 5,488
ALPHABET INC CAP STK CL C COM 02079k107 104 140 SH   OTR   130 0 10
ALTRIA GROUP INC COM 02209S103 3,537 56,453 SH   SOLE   56,153 0 300
AMAZON.COM INC COM 023135106 344 580 SH   SOLE   580 0 0
AMERICAN EXPRESS CO COM 025816109 32,508 529,450 SH   SOLE   515,881 0 13,569
AMERICAN EXPRESS CO COM 025816109 181 2,950 SH   OTR   2,850 0 100
AMERICAN NATL INS CO COM 028591105 347 3,000 SH   SOLE   3,000 0 0
AMERISOURCE-BERGEN CORP. COM 03073E105 222 2,560 SH   SOLE   2,560 0 0
AMGEN INC COM COM 031162100 1,814 12,100 SH   SOLE   12,100 0 0
ANADARKO PETE CORP COM 032511107 351 7,532 SH   SOLE   6,444 0 1,088
ANHEUSER BUSCH INBEV SPONSORED COM 03524a108 103,756 832,309 SH   SOLE   789,051 0 43,258
ANHEUSER BUSCH INBEV SPONSORED COM 03524a108 293 2,350 SH   OTR   2,275 0 75
APOLLO GLOBAL MGMT LLC CL A SH COM 037612306 36,330 2,122,097 SH   SOLE   2,059,747 0 62,350
APOLLO GLOBAL MGMT LLC CL A SH COM 037612306 15 900 SH   OTR   900 0 0
APPLE INC COM COM 037833100 9,971 91,482 SH   SOLE   87,194 0 4,288
ARROW ELECTRS INC COM COM 042735100 225 3,500 SH   SOLE   3,500 0 0
AT&T CORP COM 00206r102 2,636 67,299 SH   SOLE   60,084 0 7,215
AUTOM.DATA PROCESSING COM 053015103 485 5,401 SH   SOLE   1,706 0 3,695
AUTOZONE INC COM 053332102 3,585 4,500 SH   SOLE   4,500 0 0
AVALONBAY CMNTYS INC COM 053484101 235 1,237 SH   OTR   0 0 1,237
AXIS CAP.HOLDGS.LTD. COM G0692U109 15,975 288,050 SH   SOLE   281,470 0 6,580
BAIDU INC SPON ADR REP A COM 056752108 605 3,168 SH   SOLE   1,955 0 1,213
BAKER HUGHES INC COM COM 057224107 224 5,113 SH   SOLE   4,113 0 1,000
BANK NEW YORK MELLON CORP COM 064058100 1,812 49,206 SH   SOLE   49,206 0 0
BAXALTA INC. COM 07177m103 12,875 318,687 SH   SOLE   303,530 0 15,157
BAXTER INTL INC COM 071813109 59,445 1,447,054 SH   SOLE   1,368,650 0 78,404
BAXTER INTL INC COM 071813109 43 1,050 SH   OTR   1,025 0 25
BEAR CREEK MNG CORP COM COM 07380n104 266 260,000 SH   SOLE   260,000 0 0
BERKSHIRE HATHAW.CLA COM 084670108 12,167 57 SH   SOLE   50 0 7
BERKSHIRE HATHAW.CLB COM 084670702 44,261 311,962 SH   SOLE   295,600 0 16,362
BLACKSTONE GROUP L P COM UNIT COM 09253u108 80,895 2,883,944 SH   SOLE   2,750,349 0 133,595
BLACKSTONE GROUP L P COM UNIT COM 09253u108 170 6,075 SH   OTR   5,900 0 175
BOEING CO COM COM 097023105 1,489 11,728 SH   SOLE   10,882 0 846
BOSTON SCIENTIFIC CORP COM 101137107 382 20,300 SH   SOLE   20,300 0 0
BOSWELL J G CO COM 101205102 392 613 SH   SOLE   538 0 75
BOULEVARD ACQUIS CORP II UT1CO COM 10157q201 17,518 1,760,555 SH   SOLE   1,704,560 0 55,995
BOULEVARD ACQUIS CORP II UT1CO COM 10157q201 84 8,400 SH   OTR   8,200 0 200
BP P.L.C. COM 055622104 242 8,021 SH   SOLE   8,021 0 0
BRADY CORP CL A COM 104674106 580 21,600 SH   SOLE   21,600 0 0
BRISTOL MYERS SQUIBB COM 110122108 2,733 42,780 SH   SOLE   33,530 0 9,250
BRISTOL MYERS SQUIBB COM 110122108 97 1,525 SH   OTR   1,350 0 175
BROOKFIELD ASSET MANAGEMENT-CL COM 112585104 62,807 1,805,331 SH   SOLE   1,688,248 0 117,083
BROOKFIELD ASSET MANAGEMENT-CL COM 112585104 304 8,737 SH   OTR   8,437 0 300
BROOKFIELD INFRASTRUCTURE PA COM g16252101 384 9,117 SH   SOLE   4,801 0 4,316
CAMERON INTERNATIONAL CORP COM 13342b105 888 13,250 SH   SOLE   13,250 0 0
CANADIAN NATL RAILWAY COM 136375102 2,111 33,800 SH   SOLE   33,800 0 0
CANADIAN NATL RAILWAY COM 136375102 62 1,000 SH   OTR   1,000 0 0
CANADIAN PAC RY LTD COM COM 13645T100 722 5,440 SH   SOLE   1,000 0 4,440
CANCER GENETICS INC. COM 13739u104 56 19,625 SH   SOLE   19,625 0 0
CARLISLE COS INC COM COM 142339100 667 6,700 SH   SOLE   6,700 0 0
CARLYLE GROUP L P COM UTS LTD COM 14309l102 170 10,050 SH   SOLE   10,050 0 0
CBS CORP - CLASS A COM 124857103 248 4,200 SH   SOLE   4,200 0 0
CELGENE CORP COM 151020104 621 6,200 SH   SOLE   6,200 0 0
CENOVUS ENERGY INC COM COM 15135U109 240 18,428 SH   SOLE   18,428 0 0
CHEVRON CORPORATION COM 166764100 9,619 100,826 SH   SOLE   90,165 0 10,661
CHEVRON CORPORATION COM 166764100 315 3,306 SH   OTR   3,306 0 0
CHICAGO BRIDGE & IRON COM COM 167250109 47,925 1,309,797 SH   SOLE   1,246,400 0 63,397
CHICAGO BRIDGE & IRON COM COM 167250109 196 5,350 SH   OTR   5,250 0 100
CHUBB LIMITED COM COM h1467j104 3,323 27,891 SH   SOLE   25,411 0 2,480
CISCO SYS INC COM 17275R102 2,152 75,574 SH   SOLE   75,574 0 0
CITY HLDG CO COM COM 177835105 2,043 42,761 SH   SOLE   42,761 0 0
CLARCOR INC COM COM 179895107 1,069 18,500 SH   SOLE   18,500 0 0
COCA-COLA CO COM 191216100 5,833 125,748 SH   SOLE   121,658 0 4,090
COLGATE PALMOLIVE CO COM 194162103 4,727 66,909 SH   SOLE   59,409 0 7,500
COMCAST CORP CL A COM 20030N101 933 15,276 SH   SOLE   13,480 0 1,796
COMMERCE BANCSHARES COM COM 200525103 921 20,479 SH   SOLE   19,183 0 1,296
CONOCOPHILLIPS COM COM 20825C104 23,695 588,412 SH   SOLE   560,250 0 28,162
CONSOLIDATED EDISON COM 209115104 770 10,050 SH   SOLE   8,950 0 1,100
CONSOLIDATED EDISON COM 209115104 38 500 SH   OTR   500 0 0
CORNING INC COM COM 219350105 511 24,455 SH   SOLE   24,455 0 0
COSTCO WHSL CORP NEW COM 22160K105 2,543 16,135 SH   SOLE   16,135 0 0
CREDIT ACCEP CORP MICH COM COM 225310101 60,904 335,465 SH   SOLE   323,650 0 11,815
CREDIT ACCEP CORP MICH COM COM 225310101 54 300 SH   OTR   275 0 25
CRIMSON WINE GROUP LTD COM COM 22662x100 25,841 3,083,685 SH   SOLE   2,908,119 0 175,566
CRIMSON WINE GROUP LTD COM COM 22662x100 13 1,500 SH   OTR   1,500 0 0
CVS HEALTH CORP COM COM 126650100 1,348 12,996 SH   SOLE   12,996 0 0
DANAHER CORP DEL COM 235851102 2,020 21,291 SH   SOLE   17,791 0 3,500
DEERE & CO COM COM 244199105 763 9,915 SH   SOLE   9,915 0 0
DELPHI AUTOMOTIVE PLC SHS COM g27823106 375 5,000 SH   SOLE   5,000 0 0
DEVON ENERGY CORP NEW COM COM 25179M103 23,308 849,404 SH   SOLE   806,969 0 42,435
DEVON ENERGY CORP NEW COM COM 25179M103 156 5,700 SH   OTR   5,550 0 150
DIGITCOM INTERACTIVE COM COM 25387S108 0 10,000 SH   SOLE   0 0 10,000
DISNEY WALT CO COM 254687106 2,512 25,297 SH   SOLE   15,164 0 10,133
DOMINION RESOURCES COM 25746U109 1,755 23,365 SH   SOLE   23,365 0 0
DOVER CORP COM 260003108 64,258 998,885 SH   SOLE   948,389 0 50,496
DOVER CORP COM 260003108 58 900 SH   OTR   900 0 0
DU PONT EI DE NEMOURS COM 263534109 557 8,790 SH   SOLE   8,790 0 0
DUKE ENERGY CORP NEW COM NEW COM 26441c204 16,481 204,277 SH   SOLE   190,560 0 13,717
DUKE ENERGY CORP NEW COM NEW COM 26441c204 906 11,224 SH   OTR   0 0 11,224
DUNDEE ENERGY LTD COM COM 26518Q102 1 62,000 SH   SOLE   62,000 0 0
EATON CORP COM COM g29183103 387 6,190 SH   SOLE   6,190 0 0
EDWARDS LIFESCIENCES COR COM 28176E108 445 5,040 SH   SOLE   5,040 0 0
EMERSON ELEC CO COM 291011104 1,954 35,933 SH   SOLE   30,333 0 5,600
ENCANA CORP COM 292505104 2,616 429,526 SH   SOLE   387,692 0 41,834
ENSTAR GROUP LTD COM G3075P101 144,454 888,508 SH   SOLE   842,023 0 46,485
ENTERPRISE PRODS PARTNERS LP COM 293792107 244 9,900 SH   SOLE   9,900 0 0
EOG RES INC COM COM 26875P101 200 2,760 SH   SOLE   2,760 0 0
ESSENTIAL ENERGY SVCS COM COM 29669r101 5 10,000 SH   SOLE   10,000 0 0
EXXON MOBIL CORP COM 30231G102 29,056 347,605 SH   SOLE   316,958 0 30,647
FAIRFAX INDIA HLDGS CO COM SUB COM 303897102 2,698 247,500 SH   SOLE   247,500 0 0
FASTENAL CO COM 311900104 343 7,000 SH   SOLE   7,000 0 0
FEDEX CORP COM 31428X106 19,085 117,290 SH   SOLE   108,460 0 8,830
FIFTH THIRD BANCORP COM 316773100 225 13,500 SH   OTR   0 0 13,500
FISERV INC COM 337738108 4,173 40,685 SH   SOLE   39,085 0 1,600
FLOWSERVE CORP COM COM 34354P105 593 13,362 SH   SOLE   13,362 0 0
FLUOR CORP COM 343412102 52,906 985,212 SH   SOLE   944,140 0 41,072
FRANKLIN RES INC COM COM 354613101 1,133 29,025 SH   SOLE   29,025 0 0
GALLAGHER ARTHUR J COM 363576109 1,601 36,000 SH   SOLE   36,000 0 0
GENERAL ELEC CO COM 369604103 6,594 207,422 SH   SOLE   195,544 0 11,878
GENERAL MLS INC COM COM 370334104 393 6,200 SH   SOLE   6,200 0 0
GENERAL MLS INC COM COM 370334104 238 3,750 SH   OTR   0 0 3,750
GENTING HONG KONG LTD. COM 6104144 2,489 7,900,000 SH   SOLE   7,900,000 0 0
GILEAD SCIENCES INC COM 375558103 24,003 261,300 SH   SOLE   242,690 0 18,610
GILEAD SCIENCES INC COM 375558103 25 275 SH   OTR   250 0 25
GLAXO SMITHKL.PLC ADR COM 37733W105 275 6,773 SH   SOLE   5,218 0 1,555
GLOBALSTAR INC COM 378973408 30,364 20,655,940 SH   SOLE   19,073,820 0 1,582,120
GRIFOLS S A SP ADR REP B NVT COM 398438408 36,455 2,356,507 SH   SOLE   2,260,237 0 96,270
GRIFOLS S A SP ADR REP B NVT COM 398438408 193 12,450 SH   OTR   12,150 0 300
GRUPO TELEVISA SA - SPONS ADR COM 40049j206 6,557 238,770 SH   SOLE   231,770 0 7,000
GRUPO TMM S A B SP ADR 5 A SHS COM 40051d303 519 463,700 SH   SOLE   449,300 0 14,400
HELEN OF TROY LTD NEW COM G4388N106 1,197 11,542 SH   SOLE   11,542 0 0
HESS CORPORATION COM 42809h107 1,103 20,950 SH   SOLE   20,650 0 300
HEWLETT PACKARD ENTERP COM COM 42824c109 217 12,250 SH   SOLE   12,250 0 0
HOME DEPOT INC COM COM 437076102 8,189 61,371 SH   SOLE   53,706 0 7,665
HOME DEPOT INC COM COM 437076102 93 700 SH   OTR   700 0 0
HOMEFED CORP COM 43739d307 43,149 1,288,040 SH   SOLE   1,199,961 0 88,079
HOMEFED CORP COM 43739d307 17 500 SH   OTR   500 0 0
HONEYWELL INTL INC COM 438516106 1,499 13,378 SH   SOLE   13,378 0 0
HP INC COM COM 40434L105 151 12,250 SH   SOLE   12,250 0 0
HUBBELL INC COM COM 443510607 11,044 104,257 SH   SOLE   95,218 0 9,039
HUGOTON ROYALTY TRUST SHS BEN COM 444717102 26 18,700 SH   SOLE   18,700 0 0
IDEX CORP COM 45167R104 653 7,873 SH   SOLE   7,199 0 674
IDEXX LABS INC COM COM 45168D104 458 5,850 SH   SOLE   5,850 0 0
ILLINOIS TOOL WKS INC COM 452308109 1,924 18,780 SH   SOLE   18,780 0 0
INTEGRATED ENVIRO TECH COM COM 45821f108 2 120,000 SH   SOLE   120,000 0 0
INTEL CORP COM COM 458140100 221 6,836 SH   SOLE   6,836 0 0
INTL DISPENSING CORP COM 459407102 49 116,623 SH   SOLE   116,623 0 0
INTL. BUSINESS MACHINES COM 459200101 9,123 60,240 SH   SOLE   47,829 0 12,411
IRON MOUNTAIN INC COM 46284v101 565 16,656 SH   SOLE   14,398 0 2,258
JOHNSON & JOHNSON COM 478160104 61,391 567,380 SH   SOLE   517,246 0 50,134
JOHNSON & JOHNSON COM 478160104 577 5,330 SH   OTR   2,200 0 3,130
JPMORGAN CHASE & CO. COM 46625H100 45,779 773,031 SH   SOLE   734,192 0 38,839
JPMORGAN CHASE & CO. COM 46625H100 95 1,600 SH   OTR   1,500 0 100
KELLOGG CO COM COM 487836108 153 2,000 SH   SOLE   2,000 0 0
KELLOGG CO COM COM 487836108 429 5,600 SH   OTR   0 0 5,600
KEYCORP NEW COM COM 493267108 110 10,000 SH   OTR   0 0 10,000
KIMBERLY CLARK CORP COM 494368103 12,244 91,025 SH   SOLE   84,780 0 6,245
KNOWLES CORP. COM 49926d109 702 53,259 SH   SOLE   50,417 0 2,842
KRAFT HEINZ CO COM COM 500754106 349 4,443 SH   SOLE   4,443 0 0
LAB.CP OF AMER HLDGS. COM 50540R409 63,063 538,401 SH   SOLE   511,931 0 26,470
LEUCADIA NATL CORP COM 527288104 67,905 4,199,429 SH   SOLE   3,990,307 0 209,122
LEVEL 3 COMMUNICATIONS COM NEW COM 52729N308 54,435 1,029,982 SH   SOLE   949,366 0 80,616
LIBERTY BROADBAND CORP COM SER COM 530307305 336 5,804 SH   SOLE   3,844 0 1,960
LIBERTY GLOBAL PLC SHS CL A COM g5480u104 22,300 579,210 SH   SOLE   557,985 0 21,225
LIBERTY GLOBAL PLC-C COM g5480u120 704 18,734 SH   SOLE   14,012 0 4,722
LIBERTY INTERACTIVE INT COM SE COM 53071m203 258 10,456 SH   SOLE   2,628 0 7,828
LIBERTY INTERACTIVE QVC GROUP COM 53071m104 521 20,652 SH   SOLE   15,627 0 5,025
LIBERTY MEDIA CORP DEL COM SER COM 531229300 885 23,228 SH   SOLE   15,388 0 7,840
LIBERTY MEDIA CORPORAT LIB CAP COM 531229102 254 6,571 SH   SOLE   4,756 0 1,815
LINEAR TECHNOLOGY CORP COM COM 535678106 1,624 36,450 SH   SOLE   36,450 0 0
LOWES COS INC COM COM 548661107 40,861 539,425 SH   SOLE   495,539 0 43,886
LOWES COS INC COM COM 548661107 11 150 SH   OTR   0 0 150
M & T BK CORP COM 55261F104 8,864 79,859 SH   SOLE   73,269 0 6,590
MARKEL CORP COM COM 570535104 84,556 94,839 SH   SOLE   90,976 0 3,863
MARKEL CORP COM COM 570535104 259 290 SH   OTR   290 0 0
MATADOR RES CO COM COM 576485205 66,638 3,514,668 SH   SOLE   3,386,955 0 127,713
MATADOR RES CO COM COM 576485205 66 3,500 SH   OTR   3,400 0 100
MCCORMICK & CO NON VTG COM 579780206 214 2,152 SH   SOLE   800 0 1,352
MCDONALDS CORP COM COM 580135101 788 6,273 SH   SOLE   6,273 0 0
MEDTRONIC INC COM g5960l103 242 3,229 SH   SOLE   3,229 0 0
MERCK & CO INC COM 58933Y105 38,793 733,187 SH   SOLE   656,714 0 76,473
MERCK & CO INC COM 58933Y105 477 9,010 SH   OTR   6,090 0 2,920
METTLER TOLEDO INT'L COM 592688105 1,355 3,930 SH   SOLE   3,930 0 0
MICROSOFT CORP COM 594918104 87,498 1,584,255 SH   SOLE   1,477,293 0 106,962
MICROSOFT CORP COM 594918104 485 8,775 SH   OTR   8,600 0 175
MONDELEZ INTL INC COM COM 609207105 519 12,939 SH   SOLE   12,939 0 0
MONSANTO CO NEW COM COM 61166W101 367 4,182 SH   SOLE   4,182 0 0
NATIONAL OILWELL VARCO INC. COM 637071101 10,256 329,777 SH   SOLE   315,350 0 14,427
NATIONAL OILWELL VARCO INC. COM 637071101 2 75 SH   OTR   75 0 0
NESTLE SA SPONSORED ADR COM 641069406 2,157 28,915 SH   SOLE   28,915 0 0
NEXTERA ENERGY INC. COM 65339F101 1,301 10,992 SH   SOLE   10,992 0 0
NEXTERA ENERGY INC. COM 65339F101 66 560 SH   OTR   560 0 0
NIKE INC CL B COM 654106103 230 3,740 SH   SOLE   3,740 0 0
NOBLE ENERGY INC COM 655044105 251 8,000 SH   SOLE   8,000 0 0
NORDSON CORP COM COM 655663102 958 12,600 SH   SOLE   12,600 0 0
NORTHSTAR ASSET MGMT G COM COM 66705y104 19,107 1,683,400 SH   SOLE   1,639,500 0 43,900
NOVARTIS A G SPONSORED ADR COM 66987V109 1,190 16,426 SH   SOLE   16,426 0 0
NOW INC COM COM 67011p100 208 11,761 SH   SOLE   11,238 0 523
OAKTREE CAP GROUP LLC UNIT CL COM 674001201 1,630 33,050 SH   SOLE   32,450 0 600
OMEGA HEALTHCARE INVESTORS COM 681936100 318 9,000 SH   SOLE   9,000 0 0
OMNICOM GROUP INC COM 681919106 1,332 16,000 SH   SOLE   16,000 0 0
ONEOK PARTNERS LP UNIT LTD PAR COM 68268N103 797 25,380 SH   SOLE   25,380 0 0
ONEOK PARTNERS LP UNIT LTD PAR COM 68268N103 176 5,600 SH   OTR   5,600 0 0
ONEX COPR SUB VTG (ONEXF) COM 68272k103 966 15,900 SH   SOLE   15,900 0 0
PAREXEL INTL CORP COM COM 699462107 1,066 17,000 SH   SOLE   17,000 0 0
PAYCHEX INC COM 704326107 216 4,000 SH   SOLE   4,000 0 0
PEPSICO INC COM COM 713448108 2,771 27,036 SH   SOLE   26,746 0 290
PERMIAN BASIN RTY TR UNIT BEN COM 714236106 68 11,000 SH   SOLE   11,000 0 0
PFIZER INC COM 717081103 3,016 101,762 SH   SOLE   101,762 0 0
PHILIP MORRIS INTL INC COM COM 718172109 5,606 57,142 SH   SOLE   55,652 0 1,490
PHILIP MORRIS INTL INC COM COM 718172109 270 2,750 SH   OTR   2,700 0 50
PJT PARTNERS INC. COM 69343t107 1,055 43,857 SH   SOLE   41,937 0 1,920
POTASH CP OF SASKATCHEWAN COM 73755L107 6,874 403,885 SH   SOLE   367,515 0 36,370
PRAXAIR INC COM COM 74005P104 3,365 29,402 SH   SOLE   29,402 0 0
PROCTER & GAMBLE COM 742718109 8,545 103,810 SH   SOLE   101,264 0 2,546
PROCTER & GAMBLE COM 742718109 329 3,995 SH   OTR   495 0 3,500
PROGRESSIVE CORP OHIO COM 743315103 928 26,396 SH   SOLE   24,396 0 2,000
PUBLIC SERVICE ENTERPRISE GR COM 744573106 783 16,600 SH   SOLE   16,600 0 0
PUBLIC STORAGE COM 74460D109 248 900 SH   SOLE   0 0 900
QUALCOMM INC COM COM 747525103 70,145 1,371,622 SH   SOLE   1,292,850 0 78,772
QUALCOMM INC COM COM 747525103 230 4,500 SH   OTR   4,400 0 100
RADNET INC COM COM 750491102 1,063 220,100 SH   SOLE   212,600 0 7,500
RAYTHEON COMPANY COM 755111507 922 7,522 SH   SOLE   7,522 0 0
RENAISSANCE RE HLDGS COM g7496g103 18,844 157,259 SH   SOLE   142,732 0 14,527
ROPER TECHNOLOGIES INC COM COM 776696106 101,522 555,466 SH   SOLE   525,453 0 30,013
ROYAL DUTCH SHELL PLC SPON ADR COM 780259206 10,341 213,427 SH   SOLE   200,012 0 13,415
SAN JUAN BASIN RTUBI COM 798241105 13,104 2,544,398 SH   SOLE   2,455,451 0 88,947
SAN JUAN BASIN RTUBI COM 798241105 2 350 SH   OTR   250 0 100
SCHLUMBERGER LTD COM 806857108 73,376 994,931 SH   SOLE   949,481 0 45,450
SCHLUMBERGER LTD COM 806857108 135 1,825 SH   OTR   1,700 0 125
SCRIPPS NETWORKS INTERACTIVE COM 811065101 226 3,450 SH   SOLE   3,450 0 0
SEALED AIR CORP NEW COM 81211K100 202 4,200 SH   SOLE   4,200 0 0
SHINSEI BANK LTD COM J7385L103 46 35,000 SH   SOLE   33,000 0 2,000
SOUTHERN CO COM COM 842587107 622 12,025 SH   SOLE   12,025 0 0
SOUTHERN CO COM COM 842587107 326 6,300 SH   OTR   0 0 6,300
SPDI SEC PPTY DEV & IN SHS COM m8480r108 5 10,000 SH   SOLE   10,000 0 0
SPECTRA ENERGY CORP. COM 847560109 21,394 699,146 SH   SOLE   635,046 0 64,100
SPECTRA ENERGY CORP. COM 847560109 176 5,758 SH   OTR   3,004 0 2,754
SUBSEA 7 S A SPONSORED ADR COM 864323100 923 121,488 SH   SOLE   118,603 0 2,885
SYSCO CORP COM COM 871829107 14,763 315,918 SH   SOLE   310,218 0 5,700
SYSTEMAX INC COM 871851101 161 18,400 SH   SOLE   18,400 0 0
THE HERSHEY CO. COM 427866108 276 3,000 SH   SOLE   3,000 0 0
THE TRAVELERS COMPANIES, INC COM 89417e109 1,108 9,494 SH   SOLE   3,916 0 5,578
THERMO FISHER SCIENTIF COM COM 883556102 427 3,015 SH   SOLE   3,015 0 0
TIME WARNER INC COM COM 887317303 285 3,924 SH   SOLE   3,416 0 508
TORCHMARK CORP COM COM 891027104 1,779 32,850 SH   SOLE   32,850 0 0
TORONTO-DOMINION BK COM 891160509 1,662 38,524 SH   SOLE   38,524 0 0
TOTAL FINA ELF S A ADR COM 89151E109 220 4,850 SH   SOLE   3,750 0 1,100
TOTAL FINA ELF S A ADR COM 89151E109 41 900 SH   OTR   800 0 100
TRACTOR SUPPLY CO COM COM 892356106 658 7,268 SH   SOLE   5,680 0 1,588
TREASURE IS RTY TR TRUST UNIT COM 894626209 0 10,900 SH   SOLE   10,900 0 0
UNILEVER N V N Y SHS COM 904784709 690 15,450 SH   SOLE   15,450 0 0
UNION PAC CORP COM 907818108 29,631 372,481 SH   SOLE   358,018 0 14,463
UNION PAC CORP COM 907818108 306 3,850 SH   OTR   3,850 0 0
UNITED HEALTH GROUP COM 91324P102 351 2,722 SH   SOLE   2,022 0 700
UNITED TECHNOLOGIES CP COM 913017109 2,444 24,411 SH   SOLE   24,411 0 0
US BANCORP DEL COM COM 902973304 65,930 1,624,282 SH   SOLE   1,542,506 0 81,776
US BANCORP DEL COM COM 902973304 69 1,700 SH   OTR   1,500 0 200
USG CORP COM 903293405 407 16,400 SH   SOLE   16,400 0 0
VALSPAR CORP COM COM 920355104 298 2,787 SH   SOLE   2,787 0 0
VCAMPUS CORP COM NEW COM 92240c308 0 59,956 SH   SOLE   59,956 0 0
VERIZON COMM. COM 92343V104 25,723 475,643 SH   SOLE   446,463 0 29,180
VERIZON COMM. COM 92343V104 221 4,090 SH   OTR   200 0 3,890
VIACOM INC - CL A COM 92553p102 206 4,550 SH   SOLE   4,550 0 0
VIACOM INC CL B COM 92553P201 865 20,950 SH   SOLE   20,950 0 0
VICAL INC COM 925602104 5 12,000 SH   SOLE   12,000 0 0
VISA INC COM CL A COM 92826C839 858 11,220 SH   SOLE   11,220 0 0
VODAFONE GR.PLC ADR COM 92857W308 304 9,475 SH   SOLE   9,475 0 0
VORNADO REALTY TRUST COM 929042109 523 5,534 SH   SOLE   5,534 0 0
WABTEC CORPORATION COM 929740108 27,387 345,399 SH   SOLE   326,024 0 19,375
WAL MART STORES INC COM 931142103 12,335 180,099 SH   SOLE   176,699 0 3,400
WALGREENS BOOTS ALLIAN COM COM 931427108 984 11,675 SH   SOLE   11,675 0 0
WATERS CORPORATION COM 941848103 65,878 499,378 SH   SOLE   487,264 0 12,114
WELLS FARGO & CO NEW COM 949746101 5,964 123,317 SH   SOLE   118,881 0 4,436
WILEY JOHN & SONS CLA COM 968223206 1,323 27,059 SH   SOLE   27,059 0 0
WILLIAMS COS INC DEL COM 969457100 8,615 536,105 SH   SOLE   500,705 0 35,400
WOODWARD INC COM COM 980745103 2,031 39,044 SH   SOLE   37,824 0 1,220
WOODWARD INC COM COM 980745103 226 4,350 SH   OTR   4,300 0 50
EARLYSHARES.COM, INC. SERIES A PFD earlyshar 182 132,573 SH   SOLE   132,573 0 0
JPMORGAN CHASE & CO DEP SHS PF PFD 48127x542 209 8,000 SH   SOLE   2,000 0 6,000
TRI CONTL CORP PFD $2.50 PFD 895436202 880 16,889 SH   SOLE   16,389 0 500
TRI CONTL CORP PFD $2.50 PFD 895436202 104 2,000 SH   OTR   2,000 0 0
EATON VANCE TAX MNG GB COM EMF 27829f108 246 28,000 SH   SOLE   28,000 0 0
SPDR GOLD TRUST EMF 78463V107 2,303 19,574 SH   SOLE   16,874 0 2,700
SPDR TR UNIT SER 1 STANDARD & EMF 78462F103 1,834 8,924 SH   SOLE   8,824 0 100
AP ALTERNATIVE ASSETS LP IFUS b15y0c5 331 10,400 SH   SOLE   10,400 0 0
DWS VIETNAM FUND LTD IFUS b1fhxt2 866 1,650,000 SH   SOLE   1,650,000 0 0
ISHARES MSCI SOUTH KOREA INDEX IFUS 464286772 243 4,600 SH   SOLE   4,600 0 0
ISHARES MSCI TAIWAN INDEX FUND IFUS 464286731 177 12,755 SH   SOLE   12,755 0 0
COLLEGE RETIREMENT EQU EQTY IN MF 194408258 559 3,559 SH   SOLE   0 0 3,559
COLLEGE RETIREMENT EQU GROWTH MF 194408183 501 3,860 SH   SOLE   0 0 3,860
COLLEGE RETIREMENT EQU MONEY M MF 194408217 240 9,415 SH   SOLE   0 0 9,415
COLLEGE RETIREMENT EQU STK ACC MF 194408126 502 1,445 SH   SOLE   0 0 1,445
TEACHERS INS&ANNUITY A RL EST MF 878094200 263 717 SH   SOLE   0 0 717
VANGUARD HORIZON FD IN CAPTL O MF 922038500 392 3,413 SH   SOLE   3,413 0 0
COLLEGE RETIREMENT EQU GBL EQT MIUS 194408167 429 3,159 SH   SOLE   0 0 3,159
ASIAN SELECT EQUITY INVEST. PA LP ASIAN 778 250,000 SH   SOLE   250,000 0 0
BHARAT INVESTORS, L.P. LP bharatinv 108 17,520 SH   SOLE   17,520 0 0
BRIGHTWOOD SWITCH SPV, LP. LP brightwlp 2,436 351,220 SH   SOLE   351,220 0 0
CARLYLE GMS FINANCE INC. LP 99vvauds8 1,008 55,591 SH   SOLE   55,591 0 0
MEDICI RS, LLC LP medicirs1 300 300,000 SH   SOLE   300,000 0 0
SANOFI CONTGNT VAL RT RT 80105n113 53 468,900 SH   SOLE   467,900 0 1,000
AGROFRESH SOLUTIONS WT EXP 021 WT 00856g117 1,243 1,243,307 SH   SOLE   1,196,865 0 46,442
AGROFRESH SOLUTIONS WT EXP 021 WT 00856g117 6 6,350 SH   OTR   6,150 0 200
BANK OF AMERICA CORP WT EXP 01 WT 060505146 335 86,200 SH   SOLE   86,200 0 0
BANK OF AMERICA CORP WT EXP 01 WT 060505146 7 1,800 SH   OTR   1,800 0 0
JPMORGAN CHASE & CO WT EXP 102 WT 46634e114 3,388 191,400 SH   SOLE   191,400 0 0
JPMORGAN CHASE & CO WT EXP 102 WT 46634e114 18 1,000 SH   OTR   1,000 0 0
WELLS FARGO & CO NEW WT EXP 10 WT 949746119 678 43,300 SH   SOLE   43,300 0 0
EATON VANCE LTD DURATION FND FIUS 27828h105 312 23,691 SH   SOLE   23,691 0 0
CVC BRASIL OP AG V COM bgsh2s6 340 73,000 SH   SOLE   73,000 0 0
GP INVESTMENTS LTD COM b15q9d5 2,667 1,321,000 SH   SOLE   1,321,000 0 0
FAIRFAX FINL HLDGS SUB VTG COM 2566351 2,428 4,335 SH   SOLE   4,335 0 0
LONE PINE RES CDA LTD COM CL A COM 54222R109 0 124,733 SH   SOLE   124,733 0 0
LONE PINE RES INC CL A COM 54222A205 0 124,733 SH   SOLE   124,733 0 0
MANDALAY RES CORP COM COM 2744953 113 165,000 SH   SOLE   165,000 0 0
MEGASTAR DEV CORP COM NO PAR COM 2676487 1 40,000 SH   SOLE   40,000 0 0
DUFRY AG COM b0r80x9 2,984 24,250 SH   SOLE   24,250 0 0
ALNO AG COM 4422257 7 10,000 SH   SOLE   10,000 0 0
GRIFOLS SA COM bypok57 1,408 91,000 SH   SOLE   91,000 0 0
TARKETT COM bgh15l3 2,646 84,400 SH   SOLE   84,400 0 0
BBA AVIATION PLC COM B1FP891 1,439 499,700 SH   SOLE   499,700 0 0
INDIVIOR PLC COM brs65x6 53 22,600 SH   SOLE   22,600 0 0
RECKITT BENCK GRP COM b24cgk7 2,186 22,600 SH   SOLE   22,600 0 0
SECURE PROPERTY DEVELOPMENT COM b6wc674 560 2,024,034 SH   SOLE   2,024,034 0 0
FIRST PACIFIC CO COM 6339872 2,918 3,909,000 SH   SOLE   3,909,000 0 0
GREATVIEW ASEPTIC COM b3zngt5 487 1,023,000 SH   SOLE   1,023,000 0 0
FANUC LTD COM 6356934 901 5,800 SH   SOLE   5,800 0 0
GS HOME SHOPPING I COM 6204828 1,416 8,720 SH   SOLE   8,720 0 0
OSLO BORS VPS HLDG COM b1vwqr0 1,382 134,400 SH   SOLE   134,400 0 0
COHEN & STEERS QUALITY INC. OA BKC47L109 0 80,719 SH   SOLE   80,719 0 0
DEWAN HOUSING FIN COM 6727585 2,629 887,000 SH   SOLE   887,000 0 0
BK PAN INDONESIA COM 6545248 1,370 25,909,000 SH   SOLE   25,909,000 0 0
PANIN FINANCIAL TBK COM 6671422 698 55,368,300 SH   SOLE   55,368,300 0 0
PT MEDIA NUSANTARA COM b1z5hy9 2,701 16,400,000 SH   SOLE   16,400,000 0 0
COCA COLA EMBONOR COM 2411547 1,129 616,000 SH   SOLE   616,000 0 0