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
ADOBE SYSTEMS INCORPORATED COM 00724F101 981 2,000 SH   SOLE 2,000 0 0
AGNICO EAGLE MINES LTD COM 008474108 3,797 47,700 SH   SOLE 47,700 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 882 3,000 SH   SOLE 3,000 0 0
ALLSTATE CORP COM 020002101 3,536 37,557 SH   SOLE 37,557 0 0
AMAZON COM INC COM 023135106 1,890 600 SH Put SOLE 600 0 0
AMAZON COM INC COM 023135106 2,834 900 SH   SOLE 900 0 0
AMERICAN ASSETS TR INC COM 024013104 5,687 236,069 SH   SOLE 236,069 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 516 18,747 SH   SOLE 18,747 0 0
APPLE INC COM 037833100 2,779 24,000 SH   SOLE 24,000 0 0
APPLE INC COM 037833100 1,912 16,500 SH Put SOLE 16,500 0 0
APPLIED MATLS INC COM 038222105 5,648 95,000 SH   SOLE 95,000 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203 6,878 519,110 SH   SOLE 519,110 0 0
ASSURANT INC COM 04621X108 3,670 30,252 SH   SOLE 30,252 0 0
AT&T INC COM 00206R102 1,996 70,000 SH Call SOLE 70,000 0 0
BELLRING BRANDS INC COM CL A 079823100 842 40,582 SH   SOLE 40,582 0 0
BERKLEY W R CORP COM 084423102 3,484 56,969 SH   SOLE 56,969 0 0
BROWN & BROWN INC COM 115236101 3,633 80,241 SH   SOLE 80,241 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 1,686 2,700 SH   SOLE 2,700 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 1,123 1,800 SH Put SOLE 1,800 0 0
COLUMBIA PPTY TR INC COM NEW 198287203 5,250 481,202 SH   SOLE 481,202 0 0
CROWN HLDGS INC COM 228368106 4,304 56,000 SH   SOLE 56,000 0 0
DENALI THERAPEUTICS INC COM 24823R105 437,185 12,201,634 SH   SOLE 12,201,634 0 0
DISCOVERY INC COM SER A 25470F104 261 12,000 SH Put SOLE 12,000 0 0
DISCOVERY INC COM SER A 25470F104 544 25,000 SH   SOLE 25,000 0 0
EDGEWELL PERS CARE CO COM 28035Q102 800 28,700 SH   SOLE 28,700 0 0
EQUITABLE HLDGS INC COM 29452E101 3,848 210,977 SH   SOLE 210,977 0 0
FACEBOOK INC CL A 30303M102 1,755 6,700 SH Put SOLE 6,700 0 0
FACEBOOK INC CL A 30303M102 1,964 7,500 SH   SOLE 7,500 0 0
FIDELITY NATL INFORMATION SV COM 31620M106 515 3,500 SH   SOLE 3,500 0 0
FIRST AMERN FINL CORP COM 31847R102 1,648 32,363 SH   SOLE 32,363 0 0
FRONT YD RESIDENTIAL CORP COM 35904G107 926 105,941 SH   SOLE 105,941 0 0
GALLAGHER ARTHUR J & CO COM 363576109 2,730 25,861 SH   SOLE 25,861 0 0
GLOBE LIFE INC COM 37959E102 2,632 32,938 SH   SOLE 32,938 0 0
HARSCO CORP COM 415864107 775 55,737 SH   SOLE 55,737 0 0
HEALTHCARE RLTY TR COM 421946104 4,745 157,550 SH   SOLE 157,550 0 0
INTERPUBLIC GROUP COS INC COM 460690100 633 38,000 SH   SOLE 38,000 0 0
INVESCO QQQ TR UNIT SER 1 46090E103 10,835 39,000 SH Put SOLE 39,000 0 0
INVITATION HOMES INC COM 46187W107 2,015 72,000 SH   SOLE 72,000 0 0
KEMPER CORP COM 488401100 3,160 47,288 SH   SOLE 47,288 0 0
KILROY RLTY CORP COM 49427F108 6,173 118,800 SH   SOLE 118,800 0 0
KIMCO RLTY CORP COM 49446R109 305 27,064 SH   SOLE 27,064 0 0
KROGER CO COM 501044101 1,696 50,000 SH   SOLE 50,000 0 0
LAM RESEARCH CORP COM 512807108 1,991 6,000 SH   SOLE 6,000 0 0
LAMAR ADVERTISING CO NEW CL A 512816109 695 10,500 SH   SOLE 10,500 0 0
LAMB WESTON HLDGS INC COM 513272104 1,392 21,000 SH   SOLE 21,000 0 0
LUMENTUM HLDGS INC COM 55024U109 2,197 29,248 SH   SOLE 29,248 0 0
LYFT INC CL A COM 55087P104 276 10,000 SH Call SOLE 10,000 0 0
MARKEL CORP COM 570535104 2,633 2,704 SH   SOLE 2,704 0 0
MASTERCARD INCORPORATED CL A 57636Q104 1,014 3,000 SH Put SOLE 3,000 0 0
MASTERCARD INCORPORATED CL A 57636Q104 2,104 6,222 SH   SOLE 6,222 0 0
METLIFE INC COM 59156R108 5,175 139,222 SH   SOLE 139,222 0 0
MICROCHIP TECHNOLOGY INC. COM 595017104 6,494 63,198 SH   SOLE 63,198 0 0
MICRON TECHNOLOGY INC COM 595112103 2,113 45,000 SH   SOLE 45,000 0 0
MICROSOFT CORP COM 594918104 2,419 11,500 SH Put SOLE 11,500 0 0
MICROSOFT CORP COM 594918104 2,419 11,500 SH   SOLE 11,500 0 0
MKS INSTRS INC COM 55306N104 1,857 17,000 SH   SOLE 17,000 0 0
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 6,549 200,200 SH   SOLE 200,200 0 0
NETFLIX INC COM 64110L106 300 600 SH   SOLE 600 0 0
NEWELL BRANDS INC COM 651229106 3,432 200,000 SH   SOLE 200,000 0 0
NEWMONT CORP COM 651639106 4,219 66,500 SH   SOLE 66,500 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 2,004 40,000 SH   SOLE 40,000 0 0
ORACLE CORP COM 68389X105 746 12,500 SH Call SOLE 12,500 0 0
PEPSICO INC COM 713448108 2,079 15,000 SH   SOLE 15,000 0 0
PG&E CORP UNIT 99/99/9999 69331C140 2,452 25,000 SH   SOLE 25,000 0 0
QORVO INC COM 74736K101 6,076 47,100 SH   SOLE 47,100 0 0
QUALCOMM INC COM 747525103 7,196 61,150 SH   SOLE 61,150 0 0
REINSURANCE GRP OF AMERICA I COM NEW 759351604 1,830 19,226 SH   SOLE 19,226 0 0
SALESFORCE COM INC COM 79466L302 251 1,000 SH Put SOLE 1,000 0 0
SALESFORCE COM INC COM 79466L302 377 1,500 SH   SOLE 1,500 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 2,392 7,510 SH   SOLE 7,510 0 0
SBA COMMUNICATIONS CORP NEW CL A 78410G104 955 3,000 SH Put SOLE 3,000 0 0
SCHNITZER STL INDS CL A 806882106 2,704 140,620 SH   SOLE 140,620 0 0
SOCIEDAD QUIMICA Y MINERA DE SPON ADR SER B 833635105 1,135 35,000 SH   SOLE 35,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,518 7,519 SH   SOLE 7,519 0 0
STEEL DYNAMICS INC COM 858119100 3,540 123,643 SH   SOLE 123,643 0 0
TERADYNE INC COM 880770102 2,551 32,100 SH   SOLE 32,100 0 0
TERNIUM SA SPONSORED ADS 880890108 2,936 155,913 SH   SOLE 155,913 0 0
T-MOBILE US INC COM 872590104 114 1,000 SH Put SOLE 1,000 0 0
T-MOBILE US INC COM 872590104 114 1,000 SH   SOLE 1,000 0 0
UBER TECHNOLOGIES INC COM 90353T100 503 13,800 SH   SOLE 13,800 0 0
UDR INC COM 902653104 5,870 180,000 SH   SOLE 180,000 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 4,112 105,011 SH   SOLE 105,011 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 7,896 100,000 SH Put SOLE 100,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 892 15,000 SH Put SOLE 15,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,677 45,000 SH   SOLE 45,000 0 0
VIACOMCBS INC CL B 92556H206 980 35,000 SH   SOLE 35,000 0 0
VIACOMCBS INC CL B 92556H206 630 22,500 SH Put SOLE 22,500 0 0
VOYA FINANCIAL INC COM 929089100 2,853 59,532 SH   SOLE 59,532 0 0
WEINGARTEN RLTY INVS SH BEN INT 948741103 6,783 399,957 SH   SOLE 399,957 0 0
WORTHINGTON INDS INC COM 981811102 6,113 149,899 SH   SOLE 149,899 0 0
WP CAREY INC COM 92936U109 1,303 20,000 SH   SOLE 20,000 0 0