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
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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 2,921 188,819 SH   SOLE   188,819 0 0
Alphabet Inc. COM 02079K107 38,372 35,500 SH   SOLE   35,500 0 0
Amazon.com, Inc. COM 023135106 34,085 18,000 SH   SOLE   18,000 0 0
Aon plc COM G0408V102 13,550 70,214 SH   SOLE   70,214 0 0
Apple Inc. COM 037833100 16,625 84,000 SH   SOLE   84,000 0 0
Applied DNA Sciences, Inc. - W COM 03815U110 3 281,409 SH   SOLE   281,409 0 0
Applied Materials, Inc. COM 038222105 6,901 153,652 SH   SOLE   153,652 0 0
Arantana Therapeutics, Inc. COM 03874P101 7,306 1,415,824 SH   SOLE   1,415,824 0 0
Arch Capital Group Ltd. COM G0450A105 40,046 1,080,000 SH   SOLE   1,080,000 0 0
ASML Holding N.V. COM N07059210 35,525 170,850 SH   SOLE   170,850 0 0
Avon Products COM 054303102 3,104 800,000 SH   SOLE   800,000 0 0
Axis Capital Holdings Limited COM G0692U109 17,597 295,000 SH   SOLE   295,000 0 0
Berkshire Hathaway Inc. Class COM 084670108 35,019 110 SH   SOLE   110 0 0
Cameco Corporation COM 13321L108 16,105 1,500,947 SH   SOLE   1,500,947 0 0
CBS Corporation-Class B COM 124857202 14,561 291,794 SH   SOLE   291,794 0 0
Cisco Systems, Inc. COM 17275R102 32,838 600,000 SH   SOLE   600,000 0 0
Cleveland-Cliffs Inc. COM 185899101 8,639 809,669 SH   SOLE   809,669 0 0
Corbus Pharmaceuticals Holding COM 21833P103 3,863 557,400 SH   SOLE   557,400 0 0
Costco Wholesale Corporation COM 22160K105 22,515 85,200 SH   SOLE   85,200 0 0
Delta Air Lines, Inc. COM 247361702 23,637 416,511 SH   SOLE   416,511 0 0
Diageo plc ADR COM 25243Q205 16,062 93,210 SH   SOLE   93,210 0 0
Discovery, Inc. COM 25470F104 6,732 219,285 SH   SOLE   219,285 0 0
DXC Technology Company COM 23355L106 5,596 101,474 SH   SOLE   101,474 0 0
Eaton Corporation plc COM G29183103 12,836 154,131 SH   SOLE   154,131 0 0
eBay Inc. COM 278642103 12,395 313,800 SH   SOLE   313,800 0 0
Ensco Rowan plc - Class A COM G3157S106 2,826 331,250 SH   SOLE   331,250 0 0
EOG Resources Inc. COM 26875P101 11,247 120,725 SH   SOLE   120,725 0 0
Everest Re Group, Ltd. COM G3223R108 25,954 105,000 SH   SOLE   105,000 0 0
Facebook, Inc. - Class A COM 30303M102 14,765 76,500 SH   SOLE   76,500 0 0
FireEye, Inc. COM 31816Q101 4,351 293,794 SH   SOLE   293,794 0 0
GCI Liberty, Inc. Class A COM 36164V305 22,076 359,199 SH   SOLE   359,199 0 0
Gilead Sciences, Inc. COM 375558103 22,538 333,600 SH   SOLE   333,600 0 0
Gulf Coast Ultra Deep Royalty COM 40222T104 73 3,830,440 SH   SOLE   3,830,440 0 0
Halliburton Company COM 406216101 10,460 460,000 SH   SOLE   460,000 0 0
Helix Energy Solutions Group, COM 42330P107 11,219 1,300,000 SH   SOLE   1,300,000 0 0
InterDigital, Inc. COM 45867G101 11,536 179,137 SH   SOLE   179,137 0 0
Intra-Cellular Therapies, Inc. COM 46116X101 3,893 299,942 SH   SOLE   299,942 0 0
Invesco S&P Equal Weight COM 46137V357 3,030 28,111 SH   SOLE   28,111 0 0
JPMorgan Chase & Co. COM 46625H100 20,381 182,300 SH   SOLE   182,300 0 0
Kindred Biosciences, Inc. COM 494577109 4,118 494,327 SH   SOLE   494,327 0 0
Kroger Co. /The COM 501044101 9,027 415,782 SH   SOLE   415,782 0 0
Liberty Expedia Holdings, Inc. COM 53046P109 10,514 220,004 SH   SOLE   220,004 0 0
Lumentum Holdings Inc. COM 55024U109 8,279 155,000 SH   SOLE   155,000 0 0
M&T Bank Corporation COM 55261F104 18,708 110,000 SH   SOLE   110,000 0 0
Macy's, Inc. COM 55616P104 9,657 450,000 SH   SOLE   450,000 0 0
Madison Square Garden Company/ COM 55825T103 13,310 47,547 SH   SOLE   47,547 0 0
Merck & Co., Inc. COM 58933Y105 15,528 185,191 SH   SOLE   185,191 0 0
MetLife, Inc. COM 59156R108 18,875 380,000 SH   SOLE   380,000 0 0
Microsoft Corporation COM 594918104 48,317 360,686 SH   SOLE   360,686 0 0
Nelnet, Inc. COM 64031N108 21,911 370,000 SH   SOLE   370,000 0 0
New York Community Bancorp, In COM 649445103 11,477 1,150,000 SH   SOLE   1,150,000 0 0
Nuance Communications, Inc. COM 67020Y100 8,476 530,741 SH   SOLE   530,741 0 0
Paratek Pharmaceuticals, Inc. COM 699374302 1,876 470,185 SH   SOLE   470,185 0 0
PepsiCo, Inc. COM 713448108 18,358 140,000 SH   SOLE   140,000 0 0
Pfizer Inc. COM 717081103 14,331 330,808 SH   SOLE   330,808 0 0
Phillips 66 COM 718546104 15,715 168,000 SH   SOLE   168,000 0 0
Pioneer Natural Resources Comp COM 723787107 10,770 70,000 SH   SOLE   70,000 0 0
QUALCOMM Incorporated COM 747525103 6,088 80,036 SH   SOLE   80,036 0 0
Republic Services, Inc. COM 760759100 51,802 597,895 SH   SOLE   597,895 0 0
Royce Value Trust, Inc. COM 780910105 2,747 197,358 SH   SOLE   197,358 0 0
Target Corporation COM 87612E106 18,777 216,800 SH   SOLE   216,800 0 0
TJX Companies, Inc./The COM 872540109 55,790 1,055,037 SH   SOLE   1,055,037 0 0
TJX Companies, Inc./The PUT 872540959 90 150,000 SH   SOLE   150,000 0 0
United Technologies Corporatio COM 913017109 28,324 217,541 SH   SOLE   217,541 0 0
Universal Display Corporation COM 91347P105 20,933 111,309 SH   SOLE   111,309 0 0
VBI Vaccines Inc. COM 91822J103 2,544 2,174,264 SH   SOLE   2,174,264 0 0
Venator Materials PLC COM G9329Z100 6,293 1,189,536 SH   SOLE   1,189,536 0 0
Vodafone Group plc ADR COM 92857W308 5,600 342,900 SH   SOLE   342,900 0 0
Walt Disney Company /The COM 254687106 6,982 50,000 SH   SOLE   50,000 0 0