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
3M CO COM 88579Y101 460 2,210 SH   SOLE   2,210 0 0
ACADIA RLTY TR COM SH BEN INT 004239109 2,672 96,100 SH   SOLE   96,100 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 490 3,960 SH   SOLE   3,960 0 0
ACXIOM CORP COM 005125109 480 18,460 SH   SOLE   18,460 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 1,185 82,900 SH   SOLE   82,900 0 0
ADVANSIX INC COM 00773T101 413 13,200 SH   SOLE   13,200 0 0
AGNC INVT CORP COM 00123Q104 213 10,000 SH   SOLE   10,000 0 0
ALASKA AIR GROUP INC COM 011659109 367 4,090 SH   SOLE   4,090 0 0
ALLERGAN PLC SHS G0177J108 3,316 13,640 SH   SOLE   13,640 0 0
ALLIANZGI EQUITY & CONV INCO COM 018829101 1,185 60,000 SH   SOLE   60,000 0 0
ALPHABET INC CAP STK CL A 02079K305 7,437 8,000 SH   DFND 1 0 0 8,000
ALPHABET INC CAP STK CL A 02079K305 11,259 12,110 SH   SOLE   12,110 0 0
ALPHABET INC CAP STK CL C 02079K107 527 580 SH   SOLE   580 0 0
ALTRIA GROUP INC COM 02209S103 564 7,570 SH   SOLE   7,570 0 0
AMAYA INC COM 02314M108 429 23,990 SH   SOLE   23,990 0 0
AMAZON COM INC COM 023135106 45,835 47,350 SH   SOLE   47,350 0 0
AMERICAN HOMES 4 RENT CL A 02665T306 2,842 125,920 SH   SOLE   125,920 0 0
AMETEK INC NEW COM 031100100 284 4,700 SH   SOLE   4,700 0 0
AMGEN INC COM 031162100 3,393 19,700 SH   SOLE   19,700 0 0
APPLE INC COM 037833100 442 3,070 SH   SOLE   3,070 0 0
ARCH CAP GROUP LTD ORD G0450A105 548 5,870 SH   SOLE   5,870 0 0
AUTOZONE INC COM 053332102 388 680 SH   SOLE   680 0 0
AXALTA COATING SYS LTD COM G0750C108 410 12,800 SH   SOLE   12,800 0 0
BANK AMER CORP *W EXP 01/16/201 060505146 169 14,000 SH   SOLE   14,000 0 0
BANK AMER CORP COM 060505104 540 22,260 SH   SOLE   22,260 0 0
BANK OF THE OZARKS INC COM 063904106 383 8,180 SH   SOLE   8,180 0 0
BARCLAYS BK PLC DJUBS CMDT ETN36 06738C778 1,587 70,000 SH   SOLE   70,000 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 5,094 20 SH   DFND 1 0 0 20
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 127,947 755,430 SH   SOLE   755,430 0 0
BIOGEN INC COM 09062X103 3,658 13,480 SH   SOLE   13,480 0 0
BLACKROCK CR ALLCTN INC TR COM 092508100 1,345 100,000 SH   SOLE   100,000 0 0
BLACKROCK ENHANCED GBL DIV T COM 092501105 398 30,000 SH   SOLE   30,000 0 0
BLACKROCK ENHANCED INTL DIV COM BENE INTER 092524107 440 70,000 SH   SOLE   70,000 0 0
BLACKROCK RES & COMM STRAT T SHS 09257A108 472 58,880 SH   SOLE   58,880 0 0
BOSTON PROPERTIES INC COM 101121101 2,689 21,850 SH   SOLE   21,850 0 0
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 3,114 177,630 SH   SOLE   177,630 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 3,293 59,100 SH   SOLE   59,100 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541W209 3,194 46,500 SH   SOLE   46,500 0 0
CARMAX INC COM 143130102 3,153 50,000 SH   DFND 1 0 0 50,000
CARMAX INC COM 143130102 348 5,520 SH   SOLE   5,520 0 0
CBRE CLARION GLOBAL REAL EST COM 12504G100 1,312 170,000 SH   SOLE   170,000 0 0
CDW CORP COM 12514G108 430 6,880 SH   SOLE   6,880 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 1,361 4,040 SH   SOLE   4,040 0 0
CIGNA CORPORATION COM 125509109 303 1,810 SH   SOLE   1,810 0 0
CIMPRESS N V SHS EURO N20146101 679 7,180 SH   SOLE   7,180 0 0
CITIGROUP INC COM NEW 172967424 444 6,640 SH   SOLE   6,640 0 0
CLOROX CO DEL COM 189054109 326 2,450 SH   SOLE   2,450 0 0
COLFAX CORP COM 194014106 13,624 346,060 SH   SOLE   346,060 0 0
COMCAST CORP NEW CL A 20030N101 476 12,240 SH   SOLE   12,240 0 0
COMMSCOPE HLDG CO INC COM 20337X109 1,149 30,220 SH   SOLE   30,220 0 0
COMPASS MINERALS INTL INC COM 20451N101 3,285 50,300 SH   SOLE   50,300 0 0
CORESITE RLTY CORP COM 21870Q105 3,312 31,990 SH   SOLE   31,990 0 0
CORNERSTONE ONDEMAND INC COM 21925Y103 734 20,540 SH   SOLE   20,540 0 0
COUSINS PPTYS INC COM 222795106 3,049 346,890 SH   SOLE   346,890 0 0
CREDIT ACCEP CORP MICH COM 225310101 12,471 48,500 SH   DFND 1 0 0 48,500
CREDIT ACCEP CORP MICH COM 225310101 11,104 43,180 SH   SOLE   43,180 0 0
CUBESMART COM 229663109 2,685 111,710 SH   SOLE   111,710 0 0
CVS HEALTH CORP COM 126650100 3,363 41,800 SH   SOLE   41,800 0 0
DCT INDUSTRIAL TRUST INC COM NEW 233153204 3,172 59,360 SH   SOLE   59,360 0 0
DEERE & CO COM 244199105 419 3,390 SH   SOLE   3,390 0 0
DELEK LOGISTICS PARTNERS LP COM UNT RP INT 24664T103 612 18,700 SH   SOLE   18,700 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 328 6,110 SH   SOLE   6,110 0 0
DISNEY WALT CO COM DISNEY 254687106 3,603 33,910 SH   SOLE   33,910 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 348 3,820 SH   SOLE   3,820 0 0
DUKE REALTY CORP COM NEW 264411505 3,022 108,120 SH   SOLE   108,120 0 0
EDUCATION RLTY TR INC COM NEW 28140H203 2,765 71,380 SH   SOLE   71,380 0 0
ELLINGTON FINANCIAL LLC COM 288522303 486 30,000 SH   SOLE   30,000 0 0
ENABLE MIDSTREAM PARTNERS LP COM UNIT RP IN 292480100 566 35,500 SH   SOLE   35,500 0 0
ENBRIDGE ENERGY MANAGEMENT L SHS UNITS LLI 29250X103 1,044 67,736 SH   SOLE   67,736 0 0
ENERGY TRANSFER PARTNERS LP UNIT LTD PRT INT 29278N103 1,257 61,650 SH   SOLE   61,650 0 0
ENTEGRIS INC COM 29362U104 321 14,630 SH   SOLE   14,630 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 2,862 105,688 SH   SOLE   105,688 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 1,456 19,510 SH   SOLE   19,510 0 0
EQUITY RESIDENTIAL SH BEN INT 29476L107 3,046 46,260 SH   SOLE   46,260 0 0
EXPEDIA INC DEL COM NEW 30212P303 1,269 8,520 SH   SOLE   8,520 0 0
EXPRESS SCRIPTS HLDG CO COM 30219G108 3,661 57,360 SH   SOLE   57,360 0 0
F5 NETWORKS INC COM 315616102 470 3,700 SH   SOLE   3,700 0 0
FACEBOOK INC CL A 30303M102 5,435 36,000 SH   DFND 1 0 0 36,000
FASTENAL CO COM 311900104 416 9,560 SH   SOLE   9,560 0 0
FEDEX CORP COM 31428X106 391 1,800 SH   SOLE   1,800 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 413 17,100 SH   SOLE   17,100 0 0
GENPACT LIMITED SHS G3922B107 19,669 706,750 SH   SOLE   706,750 0 0
GENUINE PARTS CO COM 372460105 345 3,720 SH   SOLE   3,720 0 0
GGP INC COM 36174X101 2,906 123,350 SH   SOLE   123,350 0 0
GILEAD SCIENCES INC COM 375558103 3,563 50,340 SH   SOLE   50,340 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259 703 24,000 SH   SOLE   24,000 0 0
GLOBAL X FDS MSCI GREECE ETF 37950E366 202 20,000 SH   SOLE   20,000 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 497 2,240 SH   SOLE   2,240 0 0
GRUBHUB INC COM 400110102 254 5,820 SH   SOLE   5,820 0 0
HCP INC COM 40414L109 2,966 92,810 SH   SOLE   92,810 0 0
HEALTHCARE TR AMER INC CL A NEW 42225P501 2,855 91,760 SH   SOLE   91,760 0 0
HERBALIFE LTD COM USD SHS G4412G101 577 8,080 SH   SOLE   8,080 0 0
HOLLY ENERGY PARTNERS L P COM UT LTD PTN 435763107 1,073 33,030 SH   SOLE   33,030 0 0
HOME DEPOT INC COM 437076102 511 3,330 SH   SOLE   3,330 0 0
HONEYWELL INTL INC COM 438516106 400 3,000 SH   SOLE   3,000 0 0
HORMEL FOODS CORP COM 440452100 445 13,040 SH   SOLE   13,040 0 0
HOST HOTELS & RESORTS INC COM 44107P104 405 22,160 SH   SOLE   22,160 0 0
INTERACTIVE BROKERS GROUP IN COM 45841N107 1,081 28,880 SH   SOLE   28,880 0 0
INVESCO MORTGAGE CAPITAL INC COM 46131B100 501 30,000 SH   SOLE   30,000 0 0
ISHARES AUSTRIA CAPD ETF 464286202 361 17,000 SH   SOLE   17,000 0 0
ISHARES MSCI CDA ETF 464286509 666 24,890 SH   SOLE   24,890 0 0
ISHARES MSCI FRANCE ETF 464286707 649 22,570 SH   SOLE   22,570 0 0
ISHARES MSCI GERMANY ETF 464286806 1,741 57,530 SH   SOLE   57,530 0 0
ISHARES MSCI HONG KG ETF 464286871 234 10,000 SH   SOLE   10,000 0 0
ISHARES MSCI MEX CAP ETF 464286822 1,618 30,000 SH   SOLE   30,000 0 0
ISHARES MSCI NETHERL ETF 464286814 262 9,060 SH   SOLE   9,060 0 0
ISHARES MSCI SPAN CP ETF 464286764 2,397 73,000 SH   SOLE   73,000 0 0
ISHARES MSCI STH KOR ETF 464286772 1,187 17,500 SH   SOLE   17,500 0 0
ISHARES MSCI SWEDEN ETF 464286756 376 11,090 SH   SOLE   11,090 0 0
ISHARES MSCI SZ CAP ETF 464286749 859 25,050 SH   SOLE   25,050 0 0
ISHARES MSCI TURKEY ETF 464286715 415 10,000 SH   SOLE   10,000 0 0
ISHARES INC MSCI ITL ETF NEW 46434G830 414 14,895 SH   SOLE   14,895 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 1,738 32,400 SH   SOLE   32,400 0 0
ISHARES INC MSCI SINGPOR ETF 46434G780 709 30,000 SH   SOLE   30,000 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 1,073 30,000 SH   SOLE   30,000 0 0
ISHARES TR 20 YR TR BD ETF 464287432 1,189 9,500 SH   SOLE   9,500 0 0
ISHARES TR 3-7 YR TR BD ETF 464288661 1,668 13,500 SH   SOLE   13,500 0 0
ISHARES TR 7-10YR TR BD ETF 464287440 2,665 25,000 SH   SOLE   25,000 0 0
ISHARES TR IRELAND CAPD ETF 46429B507 1,001 23,000 SH   SOLE   23,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598 1,733 54,000 SH   SOLE   54,000 0 0
ISHARES TR MSCI PHILIPS ETF 46429B408 358 10,000 SH   SOLE   10,000 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 3,666 110,000 SH   SOLE   110,000 0 0
ISHARES TR NASDQ BIOTEC ETF 464287556 465 1,500 SH   SOLE   1,500 0 0
ISHARES TR PHLX SEMICND ETF 464287523 280 2,000 SH   SOLE   2,000 0 0
ISHARES TR TIPS BD ETF 464287176 2,269 20,000 SH   SOLE   20,000 0 0
ISHARES TR U.S. AER&DEF ETF 464288760 236 1,500 SH   SOLE   1,500 0 0
JPMORGAN CHASE & CO COM 46625H100 400 4,380 SH   SOLE   4,380 0 0
KILROY RLTY CORP COM 49427F108 3,011 40,070 SH   SOLE   40,070 0 0
L BRANDS INC COM 501797104 3,390 62,900 SH   SOLE   62,900 0 0
LAM RESEARCH CORP COM 512807108 367 2,600 SH   SOLE   2,600 0 0
LEUCADIA NATL CORP COM 527288104 392 14,980 SH   SOLE   14,980 0 0
LIBERTY ALL STAR EQUITY FD SH BEN INT 530158104 637 112,619 SH   SOLE   112,619 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 295 3,400 SH   SOLE   3,400 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 377 11,760 SH   SOLE   11,760 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 678 21,750 SH   SOLE   21,750 0 0
LIBERTY INTERACTIVE CORP LBT VEN COM A NE 53071M856 380 7,260 SH   SOLE   7,260 0 0
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 1,363 55,550 SH   DFND 2 0 0 55,550
LIBERTY INTERACTIVE CORP QVC GP COM SER A 53071M104 586 23,880 SH   SOLE   23,880 0 0
LIBERTY MEDIA CORP DELAWARE COM C SIRIUSXM 531229607 396 9,500 SH   SOLE   9,500 0 0
LOCKHEED MARTIN CORP COM 539830109 536 1,930 SH   SOLE   1,930 0 0
LOWES COS INC COM 548661107 3,117 40,200 SH   SOLE   40,200 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100 323 3,830 SH   SOLE   3,830 0 0
MACQUARIE GLBL INFRA TOTL RE COM 55608D101 624 25,000 SH   SOLE   25,000 0 0
MAGELLAN MIDSTREAM PRTNRS LP COM UNIT RP LP 559080106 2,769 38,850 SH   SOLE   38,850 0 0
MCKESSON CORP COM 58155Q103 3,305 20,090 SH   SOLE   20,090 0 0
MERCK & CO INC COM 58933Y105 383 5,980 SH   SOLE   5,980 0 0
MICROSOFT CORP COM 594918104 319 4,620 SH   SOLE   4,620 0 0
MID AMER APT CMNTYS INC COM 59522J103 3,005 28,510 SH   SOLE   28,510 0 0
MORGAN STANLEY CHINA A SH FD COM 617468103 895 40,000 SH   SOLE   40,000 0 0
MPLX LP COM UNIT REP LTD 55336V100 2,182 65,323 SH   SOLE   65,323 0 0
NOBLE CORP PLC SHS USD G65431101 286 79,050 SH   SOLE   79,050 0 0
NOVO-NORDISK A S ADR 670100205 6,246 145,630 SH   SOLE   145,630 0 0
NOW INC COM 67011P100 180 11,180 SH   SOLE   11,180 0 0
NUVEEN MTG OPPTY TERM FD 2 COM 67074R100 513 20,867 SH   SOLE   20,867 0 0
NUVEEN PFD INCOME OPPRTNY FD COM 67073B106 788 75,800 SH   SOLE   75,800 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 1,127 80,295 SH   SOLE   80,295 0 0
OAKTREE CAP GROUP LLC UNIT CL A 674001201 45,311 972,340 SH   SOLE   972,340 0 0
OMEGA HEALTHCARE INVS INC COM 681936100 2,887 87,430 SH   SOLE   87,430 0 0
ONEOK PARTNERS LP UNIT LTD PARTN 68268N103 1,747 34,200 SH   SOLE   34,200 0 0
ORACLE CORP COM 68389X105 387 7,710 SH   SOLE   7,710 0 0
PENNSYLVANIA RL ESTATE INVT SH BEN INT 709102107 2,208 195,110 SH   SOLE   195,110 0 0
PFIZER INC COM 717081103 3,298 98,200 SH   SOLE   98,200 0 0
PHILIP MORRIS INTL INC COM 718172109 19,101 162,640 SH   SOLE   162,640 0 0
PHILLIPS 66 PARTNERS LP COM UNIT REP INT 718549207 822 16,630 SH   SOLE   16,630 0 0
PIONEER NAT RES CO COM 723787107 373 2,340 SH   SOLE   2,340 0 0
PLAINS ALL AMERN PIPELINE L UNIT LTD PARTN 726503105 2,162 82,300 SH   SOLE   82,300 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 524 41,300 SH   SOLE   41,300 0 0
POLARIS INDS INC COM 731068102 3,403 36,900 SH   SOLE   36,900 0 0
POST HLDGS INC COM 737446104 422 5,430 SH   SOLE   5,430 0 0
POWERSHARES ETF TRUST II SENIOR LN PORT 73936Q769 1,418 61,300 SH   SOLE   61,300 0 0
POWERSHARES QQQ TRUST UNIT SER 1 73935A104 2,065 15,000 SH   SOLE   15,000 0 0
PRICE T ROWE GROUP INC COM 74144T108 3,266 44,000 SH   SOLE   44,000 0 0
PRICELINE GRP INC COM NEW 741503403 318 170 SH   SOLE   170 0 0
PROGRESS SOFTWARE CORP COM 743312100 475 15,370 SH   SOLE   15,370 0 0
PTC INC COM 69370C100 436 7,900 SH   SOLE   7,900 0 0
QUALCOMM INC COM 747525103 330 5,970 SH   SOLE   5,970 0 0
REGENCY CTRS CORP COM 758849103 2,749 43,890 SH   SOLE   43,890 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 297 2,140 SH   SOLE   2,140 0 0
RETAIL PPTYS AMER INC CL A 76131V202 2,659 217,820 SH   SOLE   217,820 0 0
RICE ENERGY INC COM 762760106 691 25,970 SH   SOLE   25,970 0 0
RLJ LODGING TR COM 74965L101 2,164 108,910 SH   SOLE   108,910 0 0
ROCKWELL COLLINS INC COM 774341101 751 7,150 SH   SOLE   7,150 0 0
ROYCE VALUE TR INC COM 780910105 365 25,000 SH   SOLE   25,000 0 0
RYANAIR HLDGS PLC SPONSORED ADR NE 783513203 1,614 15,000 SH   DFND 2 0 0 15,000
SBA COMMUNICATIONS CORP NEW CL A 78410G104 414 3,070 SH   SOLE   3,070 0 0
SCHWAB CHARLES CORP NEW COM 808513105 1,130 26,320 SH   SOLE   26,320 0 0
SELECT SECTOR SPDR TR SBI CONS DISCR 81369Y407 717 8,000 SH   SOLE   8,000 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 951 12,000 SH   SOLE   12,000 0 0
SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 296 12,000 SH   SOLE   12,000 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 272 4,000 SH   SOLE   4,000 0 0
SELECT SECTOR SPDR TR SBI INT-UTILS 81369Y886 2,962 57,000 SH   SOLE   57,000 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 1,642 30,000 SH   SOLE   30,000 0 0
SHELL MIDSTREAM PARTNERS L P UNIT LTD INT 822634101 834 27,520 SH   SOLE   27,520 0 0
SIGNET JEWELERS LIMITED SHS G81276100 894 14,140 SH   SOLE   14,140 0 0
SIX FLAGS ENTMT CORP NEW COM 83001A102 1,375 23,060 SH   SOLE   23,060 0 0
SOLAR CAP LTD COM 83413U100 875 40,000 SH   SOLE   40,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 2,360 20,000 SH   SOLE   20,000 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202 5,386 140,000 SH   SOLE   140,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 31,918 132,000 SH   SOLE   132,000 0 0
SPDR SERIES TRUST S&P PHARMAC 78464A722 430 10,000 SH   SOLE   10,000 0 0
SPDR SERIES TRUST S&P REGL BKG 78464A698 275 5,000 SH   SOLE   5,000 0 0
SPECTRA ENERGY PARTNERS LP COM 84756N109 1,402 32,680 SH   SOLE   32,680 0 0
STERICYCLE INC COM 858912108 3,142 41,180 SH   SOLE   41,180 0 0
STORE CAP CORP COM 862121100 2,331 103,800 SH   SOLE   103,800 0 0
SUN CMNTYS INC COM 866674104 3,155 35,980 SH   SOLE   35,980 0 0
SUNSTONE HOTEL INVS INC NEW COM 867892101 3,096 192,060 SH   SOLE   192,060 0 0
TABLEAU SOFTWARE INC CL A 87336U105 207 3,380 SH   SOLE   3,380 0 0
TALLGRASS ENERGY GP LP SHS CL A 874696107 540 21,260 SH   SOLE   21,260 0 0
TALLGRASS ENERGY PARTNERS LP COM UNIT 874697105 856 17,090 SH   SOLE   17,090 0 0
TC PIPELINES LP UT COM LTD PRT 87233Q108 1,092 19,850 SH   SOLE   19,850 0 0
TEMPUR SEALY INTL INC COM 88023U101 657 12,310 SH   SOLE   12,310 0 0
TESORO LOGISTICS LP COM UNIT LP 88160T107 1,111 21,490 SH   SOLE   21,490 0 0
TEXAS INSTRS INC COM 882508104 436 5,670 SH   SOLE   5,670 0 0
TRANSCANADA CORP COM 89353D107 877 18,400 SH   SOLE   18,400 0 0
TRANSDIGM GROUP INC COM 893641100 704 2,620 SH   SOLE   2,620 0 0
TRUPANION INC COM 898202106 5,335 238,400 SH   DFND 1 0 0 238,400
TWENTY FIRST CENTY FOX INC CL A 90130A101 3,325 117,300 SH   SOLE   117,300 0 0
TWO HBRS INVT CORP COM 90187B101 496 50,000 SH   SOLE   50,000 0 0
UNDER ARMOUR INC CL C 904311206 389 19,300 SH   SOLE   19,300 0 0
UNITED CONTL HLDGS INC COM 910047109 1,460 19,400 SH   SOLE   19,400 0 0
V F CORP COM 918204108 3,303 57,340 SH   SOLE   57,340 0 0
VANECK VECTORS ETF TR AGRIBUSINESS ETF 92189F700 275 5,000 SH   SOLE   5,000 0 0
VANECK VECTORS ETF TR RUSSIA ETF 92189F403 575 30,000 SH   SOLE   30,000 0 0
VANECK VECTORS ETF TR VIETNAM ETF 92189F817 209 14,000 SH   SOLE   14,000 0 0
VANGUARD BD INDEX FD INC TOTAL BND MRKT 921937835 13,093 160,000 SH   SOLE   160,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 8,329 204,000 SH   SOLE   204,000 0 0
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 7,500 181,500 SH   SOLE   181,500 0 0
VERINT SYS INC COM 92343X100 429 10,540 SH   SOLE   10,540 0 0
VISA INC COM CL A 92826C839 7,177 76,530 SH   SOLE   76,530 0 0
VORNADO RLTY TR SH BEN INT 929042109 235 2,500 SH   SOLE   2,500 0 0
WELLS FARGO CO NEW COM 949746101 4,610 83,200 SH   SOLE   83,200 0 0
WESCO AIRCRAFT HLDGS INC COM 950814103 450 41,540 SH   SOLE   41,540 0 0
WESTERN ASSET GLB HI INCOME COM 95766B109 302 30,000 SH   SOLE   30,000 0 0
WESTERN ASSET MUN HI INCM FD COM 95766N103 99 13,425 SH   SOLE   13,425 0 0
WESTERN GAS PARTNERS LP COM UNIT LP IN 958254104 1,149 20,530 SH   SOLE   20,530 0 0
WILLIAMS PARTNERS L P NEW COM UNIT LTD PAR 96949L105 1,725 43,000 SH   SOLE   43,000 0 0
WISDOMTREE TR EUROPE HEDGED EQ 97717X701 1,870 30,000 SH   SOLE   30,000 0 0
WISDOMTREE TR EUROPE SMCP DV 97717W869 1,162 18,000 SH   SOLE   18,000 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 13,780 265,000 SH   SOLE   265,000 0 0
YUM CHINA HLDGS INC COM 98850P109 4,558 115,600 SH   SOLE   115,600 0 0
ZAYO GROUP HLDGS INC COM 98919V105 247 8,010 SH   SOLE   8,010 0 0
ZEBRA TECHNOLOGIES CORP CL A 989207105 422 4,200 SH   SOLE   4,200 0 0
ZILLOW GROUP INC CL A 98954M101 8,593 175,941 SH   SOLE   175,941 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200 20,352 415,272 SH   SOLE   415,272 0 0