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
ASTRAZENECA PLC SPONSORED ADR 046353108 3,900 114,400 SH   SOLE   114,400 0 0
AT&T INC COM 00206R102 2,749 72,875 SH   SOLE   72,875 0 0
BP PLC SPONSORED ADR 055622104 710 20,500 SH   SOLE   20,500 0 0
B G C PARTNERS INC CL A 05541T101 1,681 133,000 SH   SOLE   133,000 0 0
BANK AMER CORP 7.25% CNV PFD L 060505682 3,155 2,500 SH   SOLE   2,500 0 0
BLACKBERRY LTD COM 09228F903 1,499 150,000 SH Call SOLE   150,000 0 0
CARMAX INC COM 143130102 1,201 19,038 SH   SOLE   19,038 0 0
CDN IMPERIAL BNK COMM TORONTO COM 136069101 9,788 120,600 SH   SOLE   120,600 0 0
CBS CORP NEW CL B 124857202 6,539 102,525 SH   SOLE   102,525 0 0
CENTURYLINK INC COM 156700106 3,128 131,000 SH   SOLE   131,000 0 0
CENTURYLINK INC COM 156700906 2,388 100,000 SH Call SOLE   100,000 0 0
CHEROKEE INC DEL NEW COM 16444H102 2,311 332,531 SH   SOLE   332,531 0 0
CHUBB LIMITED COM H1467J104 4,025 27,686 SH   SOLE   27,686 0 0
CISCO SYS INC COM 17275R102 626 20,000 SH   SOLE   20,000 0 0
CITIZENS & NORTHN CORP COM 172922106 465 20,000 SH   SOLE   20,000 0 0
COLLECTORS UNIVERSE INC COM NEW 19421R200 522 21,000 SH   SOLE   21,000 0 0
COVANTA HLDG CORP COM 22282E102 429 32,500 SH   SOLE   32,500 0 0
ENBRIDGE ENERGY PARTNERS LP COM 29250R106 160 10,000 SH   SOLE   10,000 0 0
EURONAV NV ANTWERPEN SHS B38564108 79 10,000 SH   SOLE   10,000 0 0
FACEBOOK INC CLA 30303M902 1,510 10,000 SH Call SOLE   10,000 0 0
FASTENAL CO COM 311900104 1,306 30,000 SH   SOLE   30,000 0 0
FOUNDATION MEDICINE INC COM 350465100 1,988 50,000 SH   SOLE   50,000 0 0
FOUNDATION MEDICINE INC COM 350465900 795 20,000 SH Call SOLE   20,000 0 0
GENERAL ELECTRIC CO COM 369604103 7,983 295,550 SH   SOLE   295,550 0 0
GENERAL MOTORS CO COM 37045V100 1,785 51,100 SH   SOLE   51,100 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,923 44,600 SH   SOLE   44,600 0 0
GOLDMAN SACHS GROUP COM 38141G104 3,994 18,000 SH   SOLE   18,000 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 3,660 78,900 SH   SOLE   78,900 0 0
JOHNSON & JOHNSON COM 478160104 860 6,500 SH   SOLE   6,500 0 0
LEGG MASON INC COM 524901105 21,866 573,000 SH   SOLE   573,000 0 0
MCCORMICK & CO INC COM NON VTG 579780206 4,339 44,500 SH   SOLE   44,500 0 0
MOELIS & CO CL A 60786M105 986 25,376 SH   SOLE   25,376 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 1,195 91,000 SH   SOLE   91,000 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 63 10,000 SH   SOLE   10,000 0 0
OAK TREE CAP GROUP LLC UNIT CL A 65249B109 466 10,000 SH   SOLE   10,000 0 0
PHILIP MORRIS INTL INC COM 718172109 881 7,500 SH   SOLE   7,500 0 0
PRICE T ROWE GROUP INC COM 74144T108 1,874 25,250 SH   SOLE   25,250 0 0
QUALCOMM INC COM 747525103 580 10,500 SH   SOLE   10,500 0 0
REGAL ENTMT GROUP CL A 758766109 512 25,000 SH   SOLE   25,000 0 0
RITE AID CORP COM 767754104 1,770 600,000 SH   SOLE   600,000 0 0
RITE AID CORP COM 767754904 1,180 400,000 SH Call SOLE   400,000 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 399 5,500 SH   SOLE   5,500 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 2,626 48,250 SH   SOLE   48,250 0 0
SANOFI SPONSORED ADR 80105N105 359 7,500 SH   SOLE   7,500 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 408 30,000 SH   SOLE   30,000 0 0
STANLEY BLACK & DECKER COM 854502101 4,486 31,875 SH   SOLE   31,875 0 0
STARBUCKS CORP COM 855244109 11,464 196,600 SH   SOLE   196,600 0 0
STUDENT TRANSN INC COM 86388A108 4,080 672,200 SH   SOLE   672,200 0 0
TEVA PHARMACEUTICAL INDS LTD ADR 881624209 332 10,000 SH   SOLE   10,000 0 0
TIME WARNER INC COM NEW 887317303 502 5,000 SH   SOLE   5,000 0 0
TRITON INTL LTD CL A G9078F107 2,808 83,980 SH   SOLE   83,980 0 0
TEEKAY OFFSHORE PARTNERS LP PARTNERSHIP UN Y8565J101 201 70,000 SH   SOLE   70,000 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 302 6,000 SH   SOLE   6,000 0 0
TOTAL S A SPONSORED ADR 89151E109 3,422 69,000 SH   SOLE   69,000 0 0
TRAVELERS COMPANIES INC COM 89417E109 8,857 70,000 SH   SOLE   70,000 0 0
VECTOR GROUP LTD COM 92240M108 5,941 278,653 SH   SOLE   278,653 0 0
VISA INC COM 92826C909 23,445 250,000 SH Call SOLE   250,000 0 0
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 719 25,000 SH   SOLE   25,000 0 0
ACCENTURE PLC IRELAND COM G1151C101 49 400 SH   SOLE   400 0 0
ACTIVISION BLIZZARD COM 00507V109 173 3,000 SH   SOLE   3,000 0 0
BANK AMER CORP COM 060505104 24 1,000 SH   SOLE   1,000 0 0
BLACKBERRY LTD COM 09228F103 30 3,000 SH   SOLE   3,000 0 0
CITIGROUP INC COM NEW 172967424 28 418 SH   SOLE   418 0 0
DENBURY RES INC COM NEW 247916208 29 19,000 SH   SOLE   19,000 0 0
EDGE THERAPEUTICS INC COM 279870109 12 1,200 SH   SOLE   1,200 0 0
ETSY INC COM 29786A106 60 4,000 SH   SOLE   4,000 0 0
FORD MTR CO DEL COM PAR $0.01 345370860 17 1,500 SH   SOLE   1,500 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 26 1,500 SH   SOLE   1,500 0 0
IAC INTERACTIVE CORP COM 44919P508 52 500 SH   SOLE   500 0 0
INTEL CORP COM 458140100 30 900 SH   SOLE   900 0 0
JPMORGAN CHASE & CO COM 46625H100 119 1,300 SH   SOLE   1,300 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 71 20,000 SH   SOLE   20,000 0 0
MATTEL INC COM 577081102 50 2,300 SH   SOLE   2,300 0 0
MORGAN STANLEY COM NEW 617446448 36 800 SH   SOLE   800 0 0
NIKE INC CL B 654106103 47 800 SH   SOLE   800 0 0
NVIDIA CORP COM 67066G104 116 800 SH   SOLE   800 0 0
NVIDIA CORP COM 67066G904 72 500 SH Call SOLE   500 0 0
NVIDIA CORP COM 67066G954 72 500 SH Put SOLE   500 0 0
PAYPAL HLDGS INC COM 70450Y103 54 1,000 SH   SOLE   1,000 0 0
SUNOPTA INC COM 0867EP108 51 5,000 SH   SOLE   5,000 0 0
APPLE INC COM 037833100 86 600 SH   SOLE   600 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 45 800 SH   SOLE   800 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 23 300 SH   SOLE   300 0 0