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
AERCAP HOLDINGS NV SHS N00985106 720 17,000 SH   SOLE   17,000 0 0
AFFILIATED MANAGERS GROUP COM 008252108 157 1,400 SH   SOLE   1,400 0 0
ALJ REGIONAL HOLDINGS INC COM 001627108 449 230,000 SH   SOLE   230,000 0 0
ALLY FINANCIAL INC COM 02005N100 250 9,000 SH   SOLE   9,000 0 0
ALPHABET INC. CMN CLASS C COM 02079K107 12,519 130,200 SH   SOLE   130,200 0 0
AMAZON.COM INC CMN COM 023135106 30,736 272,000 SH   SOLE   272,000 0 0
AMERIPRISE FINANCIAL INC COM 03076C106 265 1,050 SH   SOLE   1,050 0 0
ARC DOCUMENT SOLUTIONS INC CMN COM 00191G103 1,278 565,335 SH   SOLE   565,335 0 0
BAIDU, INC. SPONSORED ADR CMN COM 056752108 1,057 9,000 SH   SOLE   9,000 0 0
BANCO BILBAO VIZCAYA-SP ADR SPONSORED ADR 05946K101 223 50,000 SH   SOLE   50,000 0 0
BED BATH & BEYOND INC. CMN COM 075896100 281 46,122 SH   SOLE   46,122 0 0
BIOHAVEN LTD COM G1110E107 63 10,000 SH   SOLE   10,000 0 0
BREAD FINANCIAL HOLDINGS INC COM 018581108 164 5,200 SH   SOLE   5,200 0 0
BRIGHTHOUSE FINANCIAL, INC. CMN COM 10922N103 12,349 284,415 SH   SOLE   284,415 0 0
CANADIAN NATURAL RESOURCES CMN COM 136385101 11,393 244,649 SH   SOLE   244,649 0 0
CAPITAL ONE FINANCIAL CORP CMN COM 14040H105 3,549 38,500 SH   SOLE   38,500 0 0
CAPRI HOLDINGS LTD SHS G1890L107 106 2,750 SH   SOLE   2,750 0 0
CENOVUS ENERGY INC. CMN COM 15135U109 7,466 485,736 SH   SOLE   485,736 0 0
CNFINANCE HOLDINGS LIMITED SPONSORED ADR CMN COM 18979T105 152 60,255 SH   SOLE   60,255 0 0
CONTAINER STORE GROUP INC/TH COM 210751103 192 60,000 SH   SOLE   60,000 0 0
DELL TECHNOLOGIES -C CL C 24703L202 155 4,525 SH   SOLE   4,525 0 0
DIAMOND HILL INVESTMENT GROUP CMN COM 25264R207 2,311 14,009 SH   SOLE   14,009 0 0
DIREXION DAILY S&P 500 BULL 3X SHARES ETF ETF 25459W862 9,162 171,000 SH   SOLE   171,000 0 0
DISCOVER FINANCIAL SERVICES COM 254709108 327 3,600 SH   SOLE   3,600 0 0
FRONTIER COMMUNICATIONS PARE COM 35909D109 234 9,975 SH   SOLE   9,975 0 0
GARRETT MOTION CONVERTIBLE SERIES A PREFERRED 1145 SHARES PFD CONV SER A 366505204 1,145 161,051 SH   SOLE   161,051 0 0
GLORY STAR NEW MEDIA GROUP H SHS G39973105 118 80,000 SH   SOLE   80,000 0 0
GREEN BRICK PARTNERS, INC. CMN COM 392709101 20,772 971,564 SH   SOLE   971,564 0 0
IAC INC CMN COM 44891N208 2,763 49,900 SH   SOLE   49,900 0 0
IMARA INC COM 45249V107 479 210,000 SH   SOLE   210,000 0 0
INVESCO S&P 500 EQUAL WEIGHT ETF ETF 46137V357 127 1,000 SH   SOLE   1,000 0 0
JBG SMITH PROPERTIES CMN REIT COM 46590V100 7,417 399,219 SH   SOLE   399,219 0 0
JPMORGAN CHASE & CO CMN COM 46625H100 523 5,000 SH   SOLE   5,000 0 0
LAUREATE EDUCATION INC-A COMMON STOCK 518613203 369 35,000 SH   SOLE   35,000 0 0
LEE ENTERPRISES, INCORPORATED CMN COM 523768406 1,056 60,000 SH   SOLE   60,000 0 0
LOWES COMPANIES INC CMN COM 548661107 7,512 40,000 SH   SOLE   40,000 0 0
LUFAX HOLDING LTD-ADR ADS REP SHS CL A 54975P102 203 80,000 SH   SOLE   80,000 0 0
MAYS J.W. INC CMN COM 578473100 153 3,988 SH   SOLE   3,988 0 0
MICRON TECHNOLOGY, INC. CMN COM 595112103 501 10,000 SH   SOLE   10,000 0 0
MICROSOFT CORPORATION CMN COM 594918104 41,689 179,000 SH   SOLE   179,000 0 0
O2MICRO INTERNATIONAL-ADR SPONS ADR 67107W100 186 44,000 SH   SOLE   44,000 0 0
ONEMAIN HOLDINGS INC COM 68268W103 207 7,000 SH   SOLE   7,000 0 0
PETROLEO BRASIL-SP PREF ADR SPONSORED ADR 71654V408 742 67,000 SH   SOLE   67,000 0 0
RESOLUTE FOREST PRODUCTS COM 76117W109 400 20,000 SH   SOLE   20,000 0 0
SERITAGE GROWTH PROP- A REIT CL A 81752R100 361 40,000 SH   SOLE   40,000 0 0
SHELL PLC SPONSORED ADR CMN COM 780259305 14,182 285,000 SH   SOLE   285,000 0 0
SLM CORP COM 78442P106 406 29,000 SH   SOLE   29,000 0 0
SONOS INC CMN COM 83570H108 556 39,996 SH   SOLE   39,996 0 0
SPDR S&P 500 ETF TRUST ETF 78462F103 2,679 7,500 SH   SOLE   7,500 0 0
ST. JOE COMPANY CMN COM 790148100 3,555 111,000 SH   SOLE   111,000 0 0
STATE STREET CORPORATION (NEW) CMN COM 857477103 1,216 20,000 SH   SOLE   20,000 0 0
STEEL CONNECT INC COM 858098106 90 65,585 SH   SOLE   65,585 0 0
SWK HOLDINGS CORP COM NEW 78501P203 159 9,355 SH   SOLE   9,355 0 0
SYNCHRONY FINANCIAL COM 87165B103 324 11,500 SH   SOLE   11,500 0 0
TECK RESOURCES LIMITED CMN CLASS B COM 878742204 110 3,616 SH   SOLE   3,616 0 0
THE HOME DEPOT, INC. CMN COM 437076102 5,077 18,400 SH   SOLE   18,400 0 0
TURKCELL ILETISIM HIZMET-ADR SPON ADR NEW 900111204 106 40,000 SH   SOLE   40,000 0 0
TWITTER INC COM 90184L102 548 12,500 SH   SOLE   12,500 0 0
VALARIS LIMITED CMN COM G9460G101 10,063 205,611 SH   SOLE   205,611 0 0
VANGUARD INDEX FUNDS VANGUARD TOTAL STK MKT ETF ETF ETF 922908769 179 1,000 SH   SOLE   1,000 0 0
VANGUARD S&P 500 ETF ETF 922908363 167,144 509,121 SH   SOLE   509,121 0 0
VIAD CORP CMN COM 92552R406 6,355 201,240 SH   SOLE   201,240 0 0
VIEMED HEALTHCARE INC COM 92663R105 262 43,578 SH   SOLE   43,578 0 0
VMWARE INC-CLASS A CL A COM 928563402 212 1,993 SH   SOLE   1,993 0 0
XPEL INC COM 98379L100 476 7,393 SH   SOLE   7,393 0 0