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
Adams Diversified Equity Fund, COM 006212104 2,727 188,819 SH   SOLE   188,819 0 0
Alphabet Inc. COM 02079K107 41,653 35,500 SH   SOLE   35,500 0 0
Amazon.com, Inc. COM 023135106 32,054 18,000 SH   SOLE   18,000 0 0
Anadarko Petroleum Corporation COM 032511107 11,484 252,500 SH   SOLE   252,500 0 0
Aon plc COM G0408V102 11,986 70,214 SH   SOLE   70,214 0 0
Apple Inc. COM 037833100 16,906 89,000 SH   SOLE   89,000 0 0
Applied DNA Sciences, Inc. - W COM 03815U110 5 281,409 SH   SOLE   281,409 0 0
Applied Materials, Inc. COM 038222105 8,077 203,652 SH   SOLE   203,652 0 0
Arantana Therapeutics, Inc. COM 03874P101 5,101 1,416,926 SH   SOLE   1,416,926 0 0
Arch Capital Group Ltd. COM G0450A105 34,906 1,080,000 SH   SOLE   1,080,000 0 0
ASML Holding N.V. COM N07059210 33,445 177,850 SH   SOLE   177,850 0 0
Avon Products COM 054303102 8,085 2,750,000 SH   SOLE   2,750,000 0 0
Axis Capital Holdings Limited COM G0692U109 16,160 295,000 SH   SOLE   295,000 0 0
Berkshire Hathaway Inc. Class COM 084670108 33,134 110 SH   SOLE   110 0 0
Cameco Corporation COM 13321L108 15,656 1,327,947 SH   SOLE   1,327,947 0 0
Celgene Corporation COM 151020104 5,189 55,000 SH   SOLE   55,000 0 0
Cisco Systems, Inc. COM 17275R102 32,394 600,000 SH   SOLE   600,000 0 0
Corbus Pharmaceuticals Holding COM 21833P103 3,874 557,400 SH   SOLE   557,400 0 0
Costco Wholesale Corporation COM 22160K105 20,630 85,200 SH   SOLE   85,200 0 0
Delta Air Lines, Inc. COM 247361702 21,513 416,511 SH   SOLE   416,511 0 0
Diageo plc ADR COM 25243Q205 15,250 93,210 SH   SOLE   93,210 0 0
Discovery, Inc. COM 25470F104 10,789 399,285 SH   SOLE   399,285 0 0
DXC Technology Company COM 23355L106 9,741 151,474 SH   SOLE   151,474 0 0
Eaton Corporation plc COM G29183103 12,417 154,131 SH   SOLE   154,131 0 0
eBay Inc. COM 278642103 11,655 313,800 SH   SOLE   313,800 0 0
Ensco plc Class A COM G3157S106 5,207 1,325,000 SH   SOLE   1,325,000 0 0
Everest Re Group, Ltd. COM G3223R108 24,835 115,000 SH   SOLE   115,000 0 0
Facebook, Inc. - Class A COM 30303M102 12,752 76,500 SH   SOLE   76,500 0 0
FireEye, Inc. COM 31816Q101 4,933 293,794 SH   SOLE   293,794 0 0
GCI Liberty, Inc. Class A COM 36164V305 19,975 359,199 SH   SOLE   359,199 0 0
Gilead Sciences, Inc. COM 375558103 21,687 333,600 SH   SOLE   333,600 0 0
Gulf Coast Ultra Deep Royalty COM 40222T104 107 3,830,440 SH   SOLE   3,830,440 0 0
Halliburton Company COM 406216101 13,478 460,000 SH   SOLE   460,000 0 0
Helix Energy Solutions Group, COM 42330P107 10,283 1,300,000 SH   SOLE   1,300,000 0 0
InterDigital, Inc. COM 45867G101 9,499 143,966 SH   SOLE   143,966 0 0
Intra-Cellular Therapies, Inc. COM 46116X101 3,653 299,942 SH   SOLE   299,942 0 0
Invesco S&P Equal Weight COM 46137V357 2,936 28,111 SH   SOLE   28,111 0 0
JPMorgan Chase & Co. COM 46625H100 18,454 182,300 SH   SOLE   182,300 0 0
Kindred Biosciences, Inc. COM 494577109 4,123 449,574 SH   SOLE   449,574 0 0
Kroger Co. /The COM 501044101 10,228 415,782 SH   SOLE   415,782 0 0
Liberty Expedia Holdings, Inc. COM 53046P109 9,416 220,004 SH   SOLE   220,004 0 0
Lumentum Holdings Inc. COM 55024U109 8,764 155,000 SH   SOLE   155,000 0 0
M&T Bank Corporation COM 55261F104 17,272 110,000 SH   SOLE   110,000 0 0
Macy's, Inc. COM 55616P104 9,011 375,000 SH   SOLE   375,000 0 0
Madison Square Garden Company/ COM 55825T103 12,611 43,021 SH   SOLE   43,021 0 0
Merck & Co., Inc. COM 58933Y105 15,402 185,191 SH   SOLE   185,191 0 0
MetLife, Inc. COM 59156R108 16,177 380,000 SH   SOLE   380,000 0 0
Microsoft Corporation COM 594918104 47,257 400,686 SH   SOLE   400,686 0 0
Nelnet, Inc. COM 64031N108 20,376 370,000 SH   SOLE   370,000 0 0
New York Community Bancorp, In COM 649445103 11,570 1,000,000 SH   SOLE   1,000,000 0 0
Paratek Pharmaceuticals, Inc. COM 699374302 2,492 464,985 SH   SOLE   464,985 0 0
PepsiCo, Inc. COM 713448108 19,608 160,000 SH   SOLE   160,000 0 0
Pfizer Inc. COM 717081103 14,049 330,808 SH   SOLE   330,808 0 0
Phillips 66 COM 718546104 15,989 168,000 SH   SOLE   168,000 0 0
Pioneer Natural Resources Comp COM 723787107 4,653 30,556 SH   SOLE   30,556 0 0
QUALCOMM Incorporated COM 747525103 7,701 135,036 SH   SOLE   135,036 0 0
Republic Services, Inc. COM 760759100 48,059 597,895 SH   SOLE   597,895 0 0
Royce Value Trust, Inc. COM 780910105 2,716 197,358 SH   SOLE   197,358 0 0
Target Corporation COM 87612E106 14,190 176,800 SH   SOLE   176,800 0 0
TJX Companies, Inc./The COM 872540109 56,139 1,055,037 SH   SOLE   1,055,037 0 0
United Technologies Corporatio COM 913017109 28,039 217,541 SH   SOLE   217,541 0 0
Universal Display Corporation COM 91347P105 17,778 116,309 SH   SOLE   116,309 0 0
VBI Vaccines Inc. COM 91822J103 3,300 1,764,464 SH   SOLE   1,764,464 0 0
Venator Materials PLC COM G9329Z100 6,685 1,189,536 SH   SOLE   1,189,536 0 0
Vodafone Group plc ADR COM 92857W308 6,234 342,900 SH   SOLE   342,900 0 0
Worldpay, Inc. COM 981558109 15,262 134,471 SH   SOLE   134,471 0 0