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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Adams Diversified Equity Fund, COM 006212104   2,640,685 169,819 SH   SOLE   169,819 0 0
Adobe Inc. COM 00724F101   7,707,400 20,000 SH   SOLE   20,000 0 0
Agnico Eagle Mines Limited COM 008474108   25,715,792 504,528 SH   SOLE   504,528 0 0
Alamos Gold Inc. - Class A COM 011532108   12,296,507 1,005,438 SH   SOLE   1,005,438 0 0
Algoma Steel Group Inc. COM 015658107   7,845,357 970,960 SH   SOLE   970,960 0 0
Alphabet Inc. - Class C COM 02079K107   44,711,992 429,923 SH   SOLE   429,923 0 0
Amazon.com, Inc. COM 023135106   29,540,940 286,000 SH   SOLE   286,000 0 0
Angi Inc.- Class A COM 00183L102   3,264,190 1,437,969 SH   SOLE   1,437,969 0 0
Apple Inc. COM 037833100   52,932,900 321,000 SH   SOLE   321,000 0 0
Applied Materials, Inc. COM 038222105   7,572,715 61,652 SH   SOLE   61,652 0 0
Arch Capital Group Ltd. COM G0450A105   58,599,162 863,403 SH   SOLE   863,403 0 0
ASML Holding N.V. COM N07059210   54,184,516 79,600 SH   SOLE   79,600 0 0
AT&T Inc. COM 00206R102   8,593,046 446,392 SH   SOLE   446,392 0 0
Axis Capital Holdings Limited COM G0692U109   13,630,000 250,000 SH   SOLE   250,000 0 0
Bath & Body Works Inc. COM 070830104   7,849,775 214,592 SH   SOLE   214,592 0 0
Berkshire Hathaway Inc. - Clas COM 084670108   51,216,000 110 SH   SOLE   110 0 0
Broadcom Inc. COM 11135F101   16,038,500 25,000 SH   SOLE   25,000 0 0
Cameco Corporation COM 13321L108   16,205,249 619,230 SH   SOLE   619,230 0 0
Chevron Corporation COM 166764100   13,377,652 81,991 SH   SOLE   81,991 0 0
Cisco Systems, Inc. COM 17275R102   26,137,500 500,000 SH   SOLE   500,000 0 0
Cleveland-Cliffs Inc. COM 185899101   4,465,060 243,593 SH   SOLE   243,593 0 0
Costco Wholesale Corporation COM 22160K105   26,334,110 53,000 SH   SOLE   53,000 0 0
Danaher Corporation COM 235851102   10,084,120 40,010 SH   SOLE   40,010 0 0
Eaton Corporation plc COM G29183103   14,757,686 86,131 SH   SOLE   86,131 0 0
Energy Transfer LP COM 29273V100   13,966,774 1,120,030 SH   SOLE   1,120,030 0 0
Everest Re Group, Ltd. COM G3223R108   46,254,752 129,196 SH   SOLE   129,196 0 0
Expedia Group, Inc. COM 30212P303   20,197,474 208,157 SH   SOLE   208,157 0 0
Gilead Sciences, Inc. COM 375558103   9,948,103 119,900 SH   SOLE   119,900 0 0
Hess Corporation COM 42809H107   11,051,978 83,512 SH   SOLE   83,512 0 0
Huntsman Corporation COM 447011107   5,424,065 198,248 SH   SOLE   198,248 0 0
iCAD, Inc. COM 44934S206   248,538 200,434 SH   SOLE   200,434 0 0
Intra-Cellular Therapies, Inc. COM 46116X101   14,102,772 260,439 SH   SOLE   260,439 0 0
Invesco S&P Equal Weight COM 46137V357   4,065,413 28,111 SH   SOLE   28,111 0 0
JPMorgan Chase & Co. COM 46625H100   10,424,800 80,000 SH   SOLE   80,000 0 0
M&T Bank Corporation COM 55261F104   11,957,000 100,000 SH   SOLE   100,000 0 0
Merck & Co., Inc. COM 58933Y105   19,078,493 179,326 SH   SOLE   179,326 0 0
Meta Platforms, Inc. - Class A COM 30303M102   4,662,680 22,000 SH   SOLE   22,000 0 0
MetLife, Inc. COM 59156R108   9,868,746 170,327 SH   SOLE   170,327 0 0
Microsoft Corporation COM 594918104   61,984,500 215,000 SH   SOLE   215,000 0 0
Nelnet, Inc. - Class A COM 64031N108   22,367,404 243,415 SH   SOLE   243,415 0 0
NextNav Inc. COM 65345N106   1,629,028 802,477 SH   SOLE   802,477 0 0
Paratek Pharmaceuticals, Inc. COM 699374302   4,862,637 1,914,424 SH   SOLE   1,914,424 0 0
PepsiCo, Inc. COM 713448108   25,522,000 140,000 SH   SOLE   140,000 0 0
Pfizer Inc. COM 717081103   14,924,966 365,808 SH   SOLE   365,808 0 0
Quantum-Si Incorporated - Clas COM 74765K105   209,880 119,250 SH   SOLE   119,250 0 0
Raytheon Technologies Corporat COM 75513E101   16,158,450 165,000 SH   SOLE   165,000 0 0
Regeneron Pharmaceuticals, Inc COM 75886F107   12,387,497 15,076 SH   SOLE   15,076 0 0
Republic Services, Inc. COM 760759100   70,976,302 524,895 SH   SOLE   524,895 0 0
Royce Value Trust, Inc. COM 780910105   2,047,402 150,877 SH   SOLE   150,877 0 0
SIGA Technologies, Inc. COM 826917106   1,596,137 277,589 SH   SOLE   277,589 0 0
SomaLogic, Inc. - Class A COM 83444K105   1,147,500 450,000 SH   SOLE   450,000 0 0
T-Mobile US, Inc. COM 872590104   29,308,084 202,348 SH   SOLE   202,348 0 0
Tenet Healthcare Corporation COM 88033G407   2,971,000 50,000 SH   SOLE   50,000 0 0
TJX Companies, Inc./The COM 872540109   41,146,209 525,092 SH   SOLE   525,092 0 0
Tyler Technologies, Inc. COM 902252105   12,192,878 34,381 SH   SOLE   34,381 0 0
Uber Technologies, Inc. COM 90353T100   12,680,000 400,000 SH   SOLE   400,000 0 0
Universal Display Corporation COM 91347P105   8,998,936 58,009 SH   SOLE   58,009 0 0
Valneva SE - ADR COM 92025Y103   3,512,100 345,000 SH   SOLE   345,000 0 0
Vanguard Mid-Cap Value Index F COM 922908512   1,206,630 9,000 SH   SOLE   9,000 0 0
VBI Vaccines, Inc. COM 91822J103   568,882 1,877,497 SH   SOLE   1,877,497 0 0
Venator Materials PLC COM G9329Z100   353,826 874,076 SH   SOLE   874,076 0 0
Walt Disney Company /The COM 254687106   11,162,292 111,478 SH   SOLE   111,478 0 0