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
ADT INC COM 00090Q103 1,236 286,000 SH   SOLE   286,000 0 0
ALTRIA GROUP INC COM 02209S103 1,388 35,900 SH   SOLE   35,900 0 0
AT&T INC COM 00206R102 421 14,450 SH   SOLE   14,450 0 0
B G C PARTNERS INC CL A 05541T101 328 130,000 SH   SOLE   130,000 0 0
BANK AMER CORP COM 060505104 21 1,000 SH   SOLE   1,000 0 0
BANK AMER CORP 7.25% CNV PFD L 060505682 3,165 2,500 SH   SOLE   2,500 0 0
BLACKSTONE GROUP LP COM UNIT LTD 09253U108 478 10,500 SH   SOLE   10,500 0 0
CATCHMARK TIMBER TR INC CLA 14912Y202 729 101,000 SH   SOLE   101,000 0 0
CENTURYLINK INC COM 156700106 2,043 216,000 SH   SOLE   216,000 0 0
CITIGROUP INC COM NEW 017296742 544 12,918 SH   SOLE   12,918 0 0
CITIZENS & NORTHN CORP COM 172922106 800 40,000 SH   SOLE   40,000 0 0
COCA COLA CO COM 191216100 1,040 23,500 SH   SOLE   23,500 0 0
COSTAMARE INC SHS Y1771G102 452 100,000 SH   SOLE   100,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 571 20,000 SH   SOLE   20,000 0 0
DOW INC COM 260557103 853 29,000 SH   SOLE   29,000 0 0
ENBRIDGE INC COM 29250N105 390 13,400 SH   SOLE   13,400 0 0
ENVISTA HLDGS CORP COM 29415F104 299 20,000 SH   SOLE   20,000 0 0
GASLOG LTD SHS G37585109 223 100,000 SH   SOLE   100,000 0 0
GENERAL MOTORS CO COM 37045V100 1,436 69,100 SH   SOLE   69,100 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,084 28,600 SH   SOLE   28,600 0 0
GOLDMAN SACHS GROUP COM 38141G104 2,272 14,700 SH   SOLE   14,700 0 0
HOEGH LNG PARTNERS LP COM UNIT LTD 00Y326R10 733 100,000 SH   SOLE   100,000 0 0
INTERNATIONA BUSINESS MACHS COM 459200951 333 3,000 SH Put SOLE   3,000 0 0
JPMORGAN CHASE & CO COM 46625H100 351 3,900 SH   SOLE   3,900 0 0
LEGG MASON INC COM 524901105 18,954 388,000 SH   SOLE   388,000 0 0
LINCOLN NATL CORP IND COM 534187109 461 17,500 SH   SOLE   17,500 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 279 185,000 SH   SOLE   185,000 0 0
MOELIS & CO CL A 60786M105 750 26,676 SH   SOLE   26,676 0 0
NEWMARK GROUP INC CL A 65158N102 235 55,306 SH   SOLE   55,306 0 0
OLD REP INTL CORP COM 680223104 671 44,000 SH   SOLE   44,000 0 0
PHILIP MORRIS INTL INC COM 718172109 107 1,470 SH   SOLE   1,470 0 0
PRICE T ROWE GROUP INC COM 74144T108 2,466 25,250 SH   SOLE   25,250 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 339 5,500 SH   SOLE   5,500 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 379 40,000 SH   SOLE   40,000 0 0
STARBUCKS CORP COM 855244109 10,545 160,400 SH   SOLE   160,400 0 0
STORE CAP CORP COM 862121100 91 5,000 SH   SOLE   5,000 0 0
TFS FINL CORP COM 87240R107 1,695 111,000 SH   SOLE   111,000 0 0
TPG SPECIALITY LENDING INC COM 87265K102 1,093 78,556 SH   SOLE   78,556 0 0
TELUS CORP COM 87971M103 834 52,848 SH   SOLE   52,848 0 0
TRANSUNION COM 89400J107 794 12,000 SH   SOLE   12,000 0 0
TRANSUNION COM 89400J907 6,618 100,000 SH Call SOLE   100,000 0 0
TRITON INTL LTD CL A G9078F107 2,949 113,980 SH   SOLE   113,980 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 678 16,000 SH   SOLE   16,000 0 0
TOTAL S A SPONSORED ADR 89151E109 3,355 90,100 SH   SOLE   90,100 0 0
TRAVELERS COMPANIES INC COM 89417E109 4,635 46,650 SH   SOLE   46,650 0 0
TRONOX HOLDINGS PLC SHS G9087Q102 75 15,000 SH   SOLE   15,000 0 0
UNITED PARCEL SERVICE CLB 911312106 187 2,000 SH   SOLE   2,000 0 0
WAL-MART STORES INC COM 931142103 1,704 15,000 SH   SOLE   15,000 0 0
ACCENTURE PLC IRELAND COM G1151C101 33 200 SH   SOLE   200 0 0
ACTIVISION BLIZZARD COM 00507V109 178 3,000 SH   SOLE   3,000 0 0
ANNALY CAP MGMT INC COM 035710409 5 1,000 SH   SOLE   1,000 0 0
BLACKBERRY LTD COM 09228F103 12 3,000 SH   SOLE   3,000 0 0
BROADCOM INC COM 11135F101 24 100 SH   SOLE   100 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 15 400 SH   SOLE   400 0 0
VIACOMCBS INC CL B 92556H206 21 1,496 SH   SOLE   1,496 0 0
CVS HEALTH CORP COM 126650100 42 700 SH   SOLE   700 0 0
CHEVRON CORP NEW COM 166764100 36 500 SH   SOLE   500 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 3 100 SH   SOLE   100 0 0
DOW INC COM 260557103 9 300 SH   SOLE   300 0 0
ETSY INC COM 29786A106 115 3,000 SH   SOLE   3,000 0 0
FOX CORP CL A COM 35137L105 7 300 SH   SOLE   300 0 0
HP INC COM 40434L105 26 1,500 SH   SOLE   1,500 0 0
INTEL CORP COM 458140100 49 900 SH   SOLE   900 0 0
INTL PAPER CO COM 460146103 6 200 SH   SOLE   200 0 0
KINDRED BIOSCIENCES INC COM 494577109 25 6,300 SH   SOLE   6,300 0 0
KINDER MORGAN INC DEL COM 49456B101 25 1,800 SH   SOLE   1,800 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 57 38,000 SH   SOLE   38,000 0 0
MORGAN STANLEY COM NEW 617446448 27 800 SH   SOLE   800 0 0
NIKE INC CL B 654106103 66 800 SH   SOLE   800 0 0
NVIDIA CORP COM 67066G104 185 700 SH   SOLE   700 0 0
QUALCOMM INC COM 747525103 68 1,000 SH   SOLE   1,000 0 0
SLACK TECHNOLOGIES INC COM CL A 83088V102 19 700 SH   SOLE   700 0 0
SPDR S&P 500 ETF TR 78462F953 52 200 SH Put SOLE   200 0 0
APPLE INC COM 003783310 127 500 SH   SOLE   500 0 0
DISNEY WALT CO COM DISNEY 254687106 19 200 SH   SOLE   200 0 0
MERCURY GENL CORP NEW COM 589400100 20 500 SH   SOLE   500 0 0
3 M CO COM 88579Y101 27 200 SH   SOLE   200 0 0
PROCTER AND GAMBLE CO COM 742718109 44 400 SH   SOLE   400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 43 800 SH   SOLE   800 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 14 300 SH   SOLE   300 0 0