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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
POLISH COM INC W EXP 06/02/202 28252C117   3,734 37,752 SH   DFND   37,752 0 0
2SEVENTY BIO INC COMMON STOCK 901384107   183,600 18,000 SH   DFND   18,000 0 0
3M CO COM 88579Y101   303,663 2,889 SH   DFND   2,889 0 0
A T & T INC COM 00206R102   217,640 11,306 SH   DFND   11,306 0 0
ABB LTD SPONSORED ADR 000375204   1,021,145 29,771 SH   DFND   29,771 0 0
ABBOTT LABS COM 002824100   1,512,217 14,934 SH   DFND   14,934 0 0
ABBVIE INC COM 00287Y109   4,000,665 25,103 SH   DFND   25,103 0 0
ALAUNOS THERAPEUTICS INC COM 98973P101   21,420 34,000 SH   DFND   34,000 0 0
ALGOMA STL GROUP INC COM 015658107   149,642 18,520 SH   DFND   18,520 0 0
ALICO INC COM 016230104   242,000 10,000 SH   DFND   10,000 0 0
ALKERMES PLC COM G01767105   676,560 24,000 SH   DFND   24,000 0 0
ALLOGENE THERAPEUTICS INC COM 019770106   98,800 20,000 SH   DFND   20,000 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107   600,960 3,000 SH   DFND   3,000 0 0
ALPHABET INC CL A 02079K305   656,611 6,330 SH   DFND   6,330 0 0
ALPHABET INC CL C 02079K107   992,472 9,543 SH   DFND   9,543 0 0
ALPS ETF TR ALERIAN MLP ALERIAN MLP 00162Q452   3,935,034 101,812 SH   DFND   101,812 0 0
ALTRIA GROUP INC COM 02209S103   1,775,073 39,782 SH   DFND   39,782 0 0
AMC NETWORKS INC CL A 00164V103   180,933 10,292 SH   DFND   10,292 0 0
AMERICAN STS WTR CO COM 029899101   443,561 4,990 SH   DFND   4,990 0 0
AMERICAN TOWER REIT COM 03027X100   300,380 1,470 SH   DFND   1,470 0 0
AMERICAN WTR WKS CO INC NEW COM 030420103   273,370 1,866 SH   DFND   1,866 0 0
AMGEN INC COM 031162100   937,990 3,880 SH   DFND   3,880 0 0
ANALOG DEVICES INC COM 032654105   916,035 4,645 SH   DFND   4,645 0 0
APPLE INC COM 037833100   1,866,444 11,319 SH   DFND   11,319 0 0
APPLIED BLOCKCHAIN INC COM NEW 038169207   32,413 14,470 SH   DFND   14,470 0 0
APYX MED CORP COM 03837C106   1,771,200 615,000 SH   DFND   615,000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102   77,106,173 967,941 SH   DFND   967,941 0 0
ASSOCIATED CAP GROUP INC CL A 045528106   45,687,351 1,236,464 SH   DFND   1,236,464 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108   975,766 14,058 SH   DFND   14,058 0 0
AUTONATION INC COM 05329W102   42,646,401 317,404 SH   DFND   317,404 0 0
BAKKT HOLDINGS INC COM CL A 05759B107   830,309 482,738 SH   DFND   482,738 0 0
BALCHEM CORP COM 057665200   951,636 7,524 SH   DFND   7,524 0 0
BANCO SANTANDER CENT HISPANO ADR 05964H105   156,493 42,410 SH   DFND   42,410 0 0
BANK AMER CORP COM 060505104   888,414 31,063 SH   DFND   31,063 0 0
BANK OF NEW YORK MELLON CORP COM 064058100   500,476 11,014 SH   DFND   11,014 0 0
BEAM THERAPEUTICS INC COM 07373V105   306,200 10,000 SH   DFND   10,000 0 0
BEL FUSE INC CL A 077347201   279,337 7,691 SH   DFND   7,691 0 0
BEL FUSE INC CL B 077347300   1,089,369 28,988 SH   DFND   28,988 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   931,200 2 SH   DFND   2 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702   15,040,189 48,710 SH   DFND   48,710 0 0
BGC PARTNERS INC CL A 05541T101   999,322 191,075 SH   DFND   191,075 0 0
BHP GROUP LTD SPONSORED ADS 088606108   207,668 3,275 SH   DFND   3,275 0 0
BICYCLE THERAPEUTICS PLC SPONSORED ADS 088786108   319,050 15,000 SH   DFND   15,000 0 0
BIOGEN INC COM 09062X103   903,598 3,250 SH   DFND   3,250 0 0
BITFARMS LTD COM COM 09173B107   17,751 18,300 SH   DFND   18,300 0 0
BLACK KNIGHT INC COM 09215C105   876,869 15,234 SH   DFND   15,234 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101   2,556,497 162,938 SH   DFND   162,938 0 0
BLACKROCK CR ALLOCATION INCO COM 092508100   456,434 44,357 SH   DFND   44,357 0 0
BLACKROCK FLOAT RATE INCO COM 09255X100   693,705 59,291 SH   DFND   59,291 0 0
BLACKROCK FLOATING RATE INCO COM 091941104   142,120 12,678 SH   DFND   12,678 0 0
BLACKROCK MUN TARGET TERM TR COM SHS BEN IN 09257P105   281,274 12,950 SH   DFND   12,950 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102   1,279,240 109,524 SH   DFND   109,524 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09254C107   610,231 60,780 SH   DFND   60,780 0 0
BLACKROCK MUNIHOLDINGS QUALI COM 09253N104   1,567,488 130,082 SH   DFND   130,082 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105   321,365 46,440 SH   DFND   46,440 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254E103   483,696 42,654 SH   DFND   42,654 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254G108   321,553 31,008 SH   DFND   31,008 0 0
BLACKSTONE INC COM CL A 09260D107   628,056 7,150 SH   DFND   7,150 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100   375,564 21,040 SH   DFND   21,040 0 0
BLUEBIRD BIO INC COM 09609G100   120,840 38,000 SH   DFND   38,000 0 0
BOEING CO COM 097023105   12,768,955 60,109 SH   DFND   60,109 0 0
BP PLC SPONSORED ADR 055622104   347,492 9,159 SH   DFND   9,159 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   2,947,824 42,531 SH   DFND   42,531 0 0
BROADRIDGE FINL SOLUTIONS INC COM 11133T103   668,945 4,564 SH   DFND   4,564 0 0
BROOKFIELD ASSET MANAGMT LTD CL A LMT VTG SHS 113004105   16,616,378 507,835 SH   DFND   507,835 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107   69,244,737 2,124,723 SH   DFND   2,124,723 0 0
BROOKFIELD INFRASTRUCTURE PARTNERS LP INT UNIT G16252101   1,540,925 45,630 SH   DFND   45,630 0 0
BROOKFIELD REAL ASSETS INCOME FUND SHS BEN INT 112830104   309,424 18,810 SH   DFND   18,810 0 0
BUNGE LIMITED SHS COM G16962105   42,166,083 441,437 SH   DFND   441,437 0 0
CACI INTL INC CL A 127190304   133,646,279 451,081 SH   DFND   451,081 0 0
CAPITAL SOUTHWEST CORP COM 140501107   295,148 16,600 SH   DFND   16,600 0 0
CARNIVAL CORP COMMON STOCK 143658300   11,491,383 1,132,156 SH   DFND   1,132,156 0 0
CATERPILLAR INC COM 149123101   1,487,460 6,500 SH   DFND   6,500 0 0
CBOE GLOBAL MARKETS INC COM 12503M108   54,903,435 408,995 SH   DFND   408,995 0 0
CBRE GROUP INC CL A 12504L109   26,084,547 358,255 SH   DFND   358,255 0 0
CENTERPOINT ENERGY INC COM 15189T107   433,239 14,706 SH   DFND   14,706 0 0
CHARLES RIV LABS INTL INC COM 159864107   49,843,082 246,968 SH   DFND   246,968 0 0
CHENIERE ENERGY INC COM NEW 16411R208   106,535,020 675,984 PRN   DFND   675,984 0 0
CHEVRON CORP COM 166764100   2,315,893 14,194 SH   DFND   14,194 0 0
CISCO SYSTEMS INC COM 17275R102   2,077,565 39,743 SH   DFND   39,743 0 0
CIVEO CORP CDA COM NEW 17878Y207   83,726,365 4,054,545 SH   DFND   4,054,545 0 0
CME GROUP INC COM 12572Q105   46,077,176 240,587 SH   DFND   240,587 0 0
CMS ENERGY CORP COM 125896100   894,614 14,575 SH   DFND   14,575 0 0
COHEN & STEERS INC COM 19247A100   13,639,183 213,246 SH   DFND   213,246 0 0
COHEN & STEERS QUALITY RLTY COM 19247L106   646,457 54,233 SH   DFND   54,233 0 0
COLGATE PALMOLIVE CO COM 194162103   223,797 2,978 SH   DFND   2,978 0 0
COMCAST CORP CL A 20030N101   346,876 9,150 SH   DFND   9,150 0 0
CONOCOPHILLIPS COM 20825C104   261,914 2,640 SH   DFND   2,640 0 0
CORE LABORATORIES N V COM N22717107   3,217,271 145,908 SH   DFND   145,908 0 0
COSTAMARE INC SHS Y1771G102   2,144,887 227,937 SH   DFND   227,937 0 0
CRISPR THERAPEUTICS AG NAMEN AKT H17182108   503,184 11,125 SH   DFND   11,125 0 0
CSW INDUSTRIALS INC COM 126402106   1,500,444 10,800 SH   DFND   10,800 0 0
CVS HEALTH CORP COM 126650100   998,218 13,433 SH   DFND   13,433 0 0
DANAHER CORP COM 235851102   2,435,594 9,664 SH   DFND   9,664 0 0
DEERE & CO COM 244199105   231,213 560 SH   DFND   560 0 0
DISNEY WALT CO DISNEY COM DISNEY 254687106   572,043 5,713 SH   DFND   5,713 0 0
DORCHESTER MINERALS COM UNIT 25820R105   30,780,092 1,016,180 SH   DFND   1,016,180 0 0
DORMAN PRODUCTS INC COM 258278100   258,780 3,000 SH   DFND   3,000 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109   935,819 82,306 SH   DFND   82,306 0 0
DOUBLELINE OPPORTUNISTIC CR COM 258623107   1,746,196 123,145 SH   DFND   123,145 0 0
DOW INC COM 260557103   208,206 3,798 SH   DFND   3,798 0 0
EATON VANCE LTD DUR INC COM 27828H105   122,692 12,456 SH   DFND   12,456 0 0
EATON VANCE MUN BD FD COM 27827X101   183,997 17,692 SH   DFND   17,692 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105   226,611 20,001 SH   DFND   20,001 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103   116,256 21,730 SH   DFND   21,730 0 0
EBAY INC COM 278642103   955,972 21,545 SH   DFND   21,545 0 0
ECHOSTAR CORP CL A 278768106   1,854,734 101,407 SH   DFND   101,407 0 0
EDITAS MEDICINE INC COM 28106W103   239,612 33,050 SH   DFND   33,050 0 0
EMERSON ELEC CO COM 291011104   1,558,590 17,886 SH   DFND   17,886 0 0
ENERGY TRANSFER L P COM UT LTD PTN 29273V100   2,189,483 175,580 SH   DFND   175,580 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107   2,673,502 103,224 SH   DFND   103,224 0 0
EOG RES INC COM 26875P101   726,754 6,340 SH   DFND   6,340 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108   12,055,340 179,582 SH   DFND   179,582 0 0
EXXON MOBIL CORP COM 30231G102   4,935,248 45,005 SH   DFND   45,005 0 0
FEDERATED HERMES INC CL B 314211103   2,223,508 55,394 SH   DFND   55,394 0 0
FEDERATED HERMES PREM MUN I COM 31423P108   401,303 37,089 SH   DFND   37,089 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP COM 31620R303   1,527,733 43,737 SH   DFND   43,737 0 0
FIDELITY NATL INFORMATION SVC COM 31620M106   728,348 13,406 SH   DFND   13,406 0 0
FRANCO NEVADA COM 351858105   151,337,832 1,037,982 SH   DFND   1,037,982 0 0
FREEPORT MCMORAN INC CL B 35671D857   4,232,017 103,447 SH   DFND   103,447 0 0
GALECTIN THERAPEUTICS INC COM NEW 363225202   117,600 56,000 SH   DFND   56,000 0 0
GALLAGHER ARTHUR J & CO COM 363576109   407,490 2,130 SH   DFND   2,130 0 0
GE HEALTHCARE TECHNOLOGIES I COMMON STOCK 36266G107   288,171 3,513 SH   DFND   3,513 0 0
GENERAL ELECTRIC CO COM NEW 369604301   700,652 7,329 SH   DFND   7,329 0 0
GENERAL MLS INC COM 370334104   281,995 3,300 SH   DFND   3,300 0 0
GENERAL MTRS CO COM 37045V100   794,122 21,650 SH   DFND   21,650 0 0
GENUINE PARTS CO COM 372460105   409,910 2,450 SH   DFND   2,450 0 0
GILEAD SCIENCES INC COM 375558103   746,730 9,000 SH   DFND   9,000 0 0
GLADSTONE LD CORP COM 376549101   481,933 28,945 SH   DFND   28,945 0 0
GOLDMAN SACHS GROUP INC COM 38141G104   390,242 1,193 SH   DFND   1,193 0 0
GRAHAM HLDGS CO COM 384637104   599,415 1,006 SH   DFND   1,006 0 0
GRAYSCALE BASIC ATTENTION TOKEN TR 38963U108   3,102 2,089 SH   DFND   2,089 0 0
GRAYSCALE BITCOIN CASH TRUST BCH 38963P109   626,294 736,816 SH   DFND   736,816 0 0
GRAYSCALE BITCOIN TRUST BTC 389637109   259,169,427 15,841,652 SH   DFND   15,841,652 0 0
GRAYSCALE DECENTRALAND TRUST 38964P108   6,081 691 SH   DFND   691 0 0
GRAYSCALE DIGITAL LARGE CAP FUND G40705108   338,645 49,079 SH   DFND   49,079 0 0
GRAYSCALE ETHEREUM CLASSIC TRUST 38963Q107   387,573 56,170 SH   DFND   56,170 0 0
GRAYSCALE ETHEREUM TR ETH SHS 389638107   55,748 6,505 SH   DFND   6,505 0 0
GRAYSCALE LITECOIN TRUST LTC SHS 38963W104   1,348,079 332,859 SH   DFND   332,859 0 0
GRAYSCALE ZCASH TR ZEC COM 38964G108   34,392 15,492 SH   DFND   15,492 0 0
GREENBRIER COS INC COM 393657101   305,615 9,500 SH   DFND   9,500 0 0
GSK PLC SPONSORED ADR SPONSORED ADR 37733W204   812,576 22,838 SH   DFND   22,838 0 0
HALEON PLC SPON ADS 405552100   119,438 14,673 SH   DFND   14,673 0 0
HONEYWELL INTL INC COM 438516106   1,201,763 6,288 SH   DFND   6,288 0 0
LISTED FD TR HORIZON KINETICS 53656F623   2,759,550 89,480 SH   DFND   89,480 0 0
LISTED FD TR HORZN KNTC SPAC 53656G555   7,965,358 83,059 SH   DFND   83,059 0 0
HOWARD HUGHES CORP COM 44267D107   50,031,255 625,391 SH   DFND   625,391 0 0
I B M COM 459200101   469,302 3,580 SH   DFND   3,580 0 0
IAC INTERACTIVE CORP COM NEW 44891N208   508,828 9,861 SH   DFND   9,861 0 0
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101   22,116,076 427,694 SH   DFND   427,694 0 0
INTEL CORP COM 458140100   976,800 29,899 SH   DFND   29,899 0 0
INTELLIA THERAPEUTICS INC COM 45826J105   559,050 15,000 SH   DFND   15,000 0 0
INTER PARFUMS INC COM 458334109   23,378,690 164,361 SH   DFND   164,361 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104   100,813,906 966,669 SH   DFND   966,669 0 0
INTL FLAVORS & FRAGRANCES COM 459506101   280,478 3,050 SH   DFND   3,050 0 0
INVESCO VALUE MUN INCOME TR COM 46132P108   398,964 32,702 SH   DFND   32,702 0 0
INVESCO QUALITY MUN INCOME T COM 46133G107   223,572 22,402 SH   DFND   22,402 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357   583,360 4,034 SH   DFND   4,034 0 0
INVESCO SR INCOME TR COM 46131H107   36,800 10,000 SH   DFND   10,000 0 0
INVESCO TR INVT GRADE NEW YO COM 46131T101   108,930 10,414 SH   DFND   10,414 0 0
IONIS PHARMACEUTICALS INC COM 462222100   464,620 13,000 SH   DFND   13,000 0 0
IRON MTN INC COM 46284V101   1,447,512 27,358 SH   DFND   27,358 0 0
ISHARES GOLD TR ISHARES NEW 464285204   393,506 10,530 SH   DFND   10,530 0 0
ISHARES SILVER TR ISHARES 46428Q109   701,934 31,733 SH   DFND   31,733 0 0
ISHARES TR GL TIMB FORE ETF 464288174   830,160 11,596 SH   DFND   11,596 0 0
JOHNSON & JOHNSON COM 478160104   2,760,969 17,813 SH   DFND   17,813 0 0
JP MORGAN CHASE & CO COM 46625H100   359,786 2,761 SH   DFND   2,761 0 0
JP MORGAN EXCHANGE-TRADED F ULTRA SHRT INC 46641Q837   1,930,275 38,360 SH   DFND   38,360 0 0
KAR AUCTION SVCS INC COM 48238T109   1,507,044 110,164 SH   DFND   110,164 0 0
KAYNE ANDERSON ENERGY INFRSTR COM 486606106   109,735 12,701 SH   DFND   12,701 0 0
KIMBELL RTY PARTNERS LP UNIT 49435R102   1,044,653 68,592 SH   DFND   68,592 0 0
KIMBERLY CLARK CORP COM 494368103   416,082 3,100 SH   DFND   3,100 0 0
KINDER MORGAN INC DEL COM 49456B101   2,847,966 162,648 SH   DFND   162,648 0 0
KKR & CO INC COM 48251W104   265,646 5,058 SH   DFND   5,058 0 0
KLA-TENCOR CORP COM NEW 482480100   1,812,232 4,540 SH   DFND   4,540 0 0
KRAFT HEINZ COMPANY COM 500754106   329,626 8,524 SH   DFND   8,524 0 0
KRANESHARES TR GLOBAL CARB STRA 500767678   1,455,078 36,698 SH   DFND   36,698 0 0
L3 HARRIS TECHNOLOGIES INC COM 502431109   1,784,674 9,094 SH   DFND   9,094 0 0
LANTERN PHARMA INC COM 51654W101   144,900 30,000 SH   DFND   30,000 0 0
LAS VEGAS SANDS CORP COM 517834107   3,181,983 55,387 SH   DFND   55,387 0 0
LENNAR CORP CL A 526057104   547,098 5,205 SH   DFND   5,205 0 0
LIBERTY MEDIA CORP DEL COM A BRAVES GRP 531229706   1,053,486 30,465 SH   DFND   30,465 0 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888   1,643,500 48,783 SH   DFND   48,783 0 0
LIBERTY BROADBAND CORP COM SER A 530307107   286,927 3,494 SH   DFND   3,494 0 0
LIBERTY BROADBAND CORP COM SER C 530307305   9,696,728 118,687 SH   DFND   118,687 0 0
LIBERTY MEDIA CORP DEL COM SER A FRMLA 531229870   11,170,372 165,487 SH   DFND   165,487 0 0
LIBERTY MEDIA CORP DEL COM SER C FRMLA 531229854   15,455,926 206,547 SH   DFND   206,547 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128   138,652 16,786 SH   DFND   16,786 0 0
LIBERTY MEDICA CORP DEL COM C SIRIUSXM 531229607   12,399,080 442,983 SH   DFND   442,983 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409   4,337,714 154,422 SH   DFND   154,422 0 0
LINDE PLC SHS G54950103   526,051 1,480 SH   DFND   1,480 0 0
LIVE NATION ENTERTAINMENT INC COM 538034109   31,669,890 452,427 SH   DFND   452,427 0 0
LOEWS CORP COM 540424108   363,437 6,264 SH   DFND   6,264 0 0
LSB INDS INC COM 502160104   185,021 17,911 SH   DFND   17,911 0 0
MADISON SQUARE GARDEN SPORTS CP CL A 55825T103   6,501,755 33,368 SH   DFND   33,368 0 0
MADISON SQUARE GRDN ENTERTNM CL A 55826T102   2,973,466 50,338 SH   DFND   50,338 0 0
MARATHON PETE CORP COM 56585A102   865,609 6,420 SH   DFND   6,420 0 0
MARKEL CORP COM 570535104   3,541,624 2,773 SH   DFND   2,773 0 0
MARSH & MCLENNAN COS INC COM 571748102   38,681,904 232,254 SH   DFND   232,254 0 0
MASTERCARD INC CL A 57636Q104   12,023,981 33,087 SH   DFND   33,087 0 0
MCDONALDS CORP COM 580135101   1,148,358 4,107 SH   DFND   4,107 0 0
MERCK & COMPANY COM 58933Y105   2,889,731 27,162 SH   DFND   27,162 0 0
MESABI TR CTF BEN INT 590672101   74,377,332 2,953,826 SH   DFND   2,953,826 0 0
METALLA RTY & STREAMING LTD COM NEW 59124U605   2,180,760 390,118 SH   DFND   390,118 0 0
MFS HIGH INCOME MUN TR SH BEN INT 59318D104   271,363 74,346 SH   DFND   74,346 0 0
MICROSOFT COM 594918104   2,749,232 9,536 SH   DFND   9,536 0 0
MICROSTRATEGY INC CL A NEW 594972408   5,830,322 19,945 SH   DFND   19,945 0 0
MONDELEZ INTL INC CL A 609207105   1,206,435 17,304 SH   DFND   17,304 0 0
MOVADO GROUP INC COM 624580106   680,612 23,657 SH   DFND   23,657 0 0
NASDAQ INC COM 631103108   5,863,341 107,250 SH   DFND   107,250 0 0
NEUBERGER BERMAN MUNI FD INC COM 64124P101   289,649 26,452 SH   DFND   26,452 0 0
NEUBERGER BERMAN NY MUN FD INC COM 64124K102   163,126 16,957 SH   DFND   16,957 0 0
NEWMONT CORP COM 651639106   1,144,160 23,341 SH   DFND   23,341 0 0
NORFOLK SOUTHN CORP COM 655844108   949,972 4,481 SH   DFND   4,481 0 0
NOVARTIS AG SPONSORED ADR 66987V109   1,122,400 12,200 SH   DFND   12,200 0 0
NOVO-NORDISK A S ADR 670100205   1,231,744 7,740 SH   DFND   7,740 0 0
NUCANA PLC SPONSORED ADR 67022C106   18,690 19,467 SH   DFND   19,467 0 0
NUTRIEN LTD COM 67077M108   34,219,018 463,358 SH   DFND   463,358 0 0
NUVEEN AMT FREE QLTY MUN INC COM 670657105   4,711,711 423,715 SH   DFND   423,715 0 0
NUVEEN MUNICIPAL CREDIT INC COM SH BEN INT 67070X101   412,096 34,485 SH   DFND   34,485 0 0
NUVEEN AMT FREE MUN CR INC F COM 67071L106   197,915 16,801 SH   DFND   16,801 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100   457,012 56,984 SH   DFND   56,984 0 0
NUVEEN MUN HIGH INCOME OPPOR COM 670682103   111,985 10,369 SH   DFND   10,369 0 0
NUVEEN MUN VALUE FD INC COM 670928100   102,478 11,632 SH   DFND   11,632 0 0
NUVEEN NEW YORK AMT QLT MUNI COM 670656107   707,091 66,896 SH   DFND   66,896 0 0
NUVEEN NEW YORK QLT MUN INC COM 67066X107   230,052 20,838 SH   DFND   20,838 0 0
NUVEEN PFD & INCM SECURITIES COM 67072C105   107,242 16,601 SH   DFND   16,601 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101   1,948,873 169,026 SH   DFND   169,026 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101   198,445 21,500 SH   DFND   21,500 0 0
NUVEEN SR INCOME FD COM 67067Y104   485,013 105,209 SH   DFND   105,209 0 0
NUVEEN TAXABLE MUNICIPAL INM COM 67074C103   469,656 29,135 SH   DFND   29,135 0 0
NVIDIA CORPORATION COM 67066G104   444,432 1,600 SH   DFND   1,600 0 0
OCCIDENTAL PETE CORP COM 674599105   265,515 4,253 SH   DFND   4,253 0 0
OIL STATE INTL INC COM 678026105   95,045 11,410 SH   DFND   11,410 0 0
ORGANON & CO COMMON STOCK 68622V106   418,727 17,803 SH   DFND   17,803 0 0
OSHKOSH CORP COM 688239201   11,326,455 136,168 SH   DFND   136,168 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101   34,365,734 2,172,297 SH   DFND   2,172,297 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108   138,960 12,000 SH   DFND   12,000 0 0
PARAMOUNT GLOBAL CL B 92556H206   1,662,787 74,531 SH   DFND   74,531 0 0
PATTERSON UTI ENERGY INC COM 703481101   4,753,675 406,297 SH   DFND   406,297 0 0
PCM FUND INC COM 69323T101   206,559 24,532 SH   DFND   24,532 0 0
PENSKE AUTOMOTIVE GRP INC COM 70959W103   28,104,486 198,184 SH   DFND   198,184 0 0
PEPSICO INC COM 713448108   401,789 2,204 SH   DFND   2,204 0 0
PERKINELMER INC COM 714046109   271,184 2,035 SH   DFND   2,035 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106   98,528,779 4,038,065 SH   DFND   4,038,065 0 0
PFIZER INC COM 717081103   1,973,170 48,362 SH   DFND   48,362 0 0
PHILIP MORRIS INTL INC COM 718172109   2,231,304 22,944 SH   DFND   22,944 0 0
PIMCO DYNAMIC INCOME FD SHS 72201Y101   2,367,269 131,369 SH   DFND   131,369 0 0
PIMCO INCOME STRATEGY FD COM 72201H108   805,610 99,091 SH   DFND   99,091 0 0
PIMCO INCOME STRATEGY FD II COM 72201J104   2,009,755 280,301 SH   DFND   280,301 0 0
PIMCO MUN INCOME FD II COM 72200W106   141,320 15,050 SH   DFND   15,050 0 0
PIMCO NEW YORK MUN INCOME FD COM 72200T103   308,869 34,357 SH   DFND   34,357 0 0
POTLATCHDELTIC CORP COM 737630103   6,314,599 127,568 SH   DFND   127,568 0 0
PROSHARES TR II SHT VIX ST TRM 74347W130   48,279,405 757,324 SH   DFND   757,324 0 0
QUALCOMM INC COM 747525103   447,806 3,510 SH   DFND   3,510 0 0
QUEST DIAGNOSTICS INC COM 74834L100   657,882 4,650 SH   DFND   4,650 0 0
RAIN ONCOLOGY INC COM 75082Q105   218,500 25,000 SH   DFND   25,000 0 0
RAYONIER ADVANCED MATLS INC COM 75508B104   786,572 125,450 SH   DFND   125,450 0 0
RAYONIER INC COM 754907103   4,289,697 128,975 SH   DFND   128,975 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101   1,219,718 12,455 SH   DFND   12,455 0 0
REGENERON PHARMACEUTICALS COM 75886F107   628,578 765 SH   DFND   765 0 0
RENN FUND INC COM 759720105   880,661 503,235 SH   DFND   503,235 0 0
REPLIMUNE GROUP INC COM 76029N106   264,900 15,000 SH   DFND   15,000 0 0
RESIDEO TECHNOLOGIES INC COM 76118Y104   1,312,467 71,798 SH   DFND   71,798 0 0
RIO TINTO PLC SPONSORED ADR 767204100   370,440 5,400 SH   DFND   5,400 0 0
RITCHIE BROS AUCTIONEERS COM 767744105   5,702,464 101,305 SH   DFND   101,305 0 0
ROCKWELL AUTOMATION INC COM 773903109   1,400,637 4,773 SH   DFND   4,773 0 0
ROYAL CARIBBEAN GROUP COM V7780T103   3,716,615 56,916 SH   DFND   56,916 0 0
ROYAL GOLD INC COM 780287108   17,804,392 137,263 SH   DFND   137,263 0 0
ROYALTY PHARMA PLC SHS CLASS A G7709Q104   13,443,514 373,120 SH   DFND   373,120 0 0
ROYCE MICRO-CAP TR INC COM 780915104   1,259,240 143,585 SH   DFND   143,585 0 0
RUMBLE INC COM CL A 78137L105   650,910 65,091 SH   DFND   65,091 0 0
S&P GLOBAL INC COM 78409V104   9,671,540 28,052 SH   DFND   28,052 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102   2,525,567 35,170 SH   DFND   35,170 0 0
SALARIUS PHARMACEUTICALS INC COM NEW 79400X305   61,884 32,400 SH   DFND   32,400 0 0
SAN JUAN BASIN RTY TR UNIT BEN INT 798241105   1,057,407 100,514 SH   DFND   100,514 0 0
SANDRIDGE ENERGY INC COM NEW 80007P869   147,688 10,249 SH   DFND   10,249 0 0
SANDSTORM GOLD LTD COM NEW 80013R206   35,656,769 6,137,137 SH   DFND   6,137,137 0 0
SANOFI SPONSORED ADR 80105N105   707,460 13,000 SH   DFND   13,000 0 0
SCHLUMBERGER LTD COM STK 806857108   353,127 7,192 SH   DFND   7,192 0 0
SCIENCE APPLICATNS INTL CP COM 808625107   46,446,704 432,223 SH   DFND   432,223 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402   188,200 20,000 SH   DFND   20,000 0 0
SEABOARD CORP DEL COM 811543107   878,412 233 SH   DFND   233 0 0
SEALED AIR CORP NEW COM 81211K100   1,693,390 36,885 SH   DFND   36,885 0 0
SITIO ROYALTIES CORP CLASS A COM 82983N108   42,919,310 1,899,085 SH   DFND   1,899,085 0 0
SONOCO PRODUCTS COM 835495102   1,314,550 21,550 SH   DFND   21,550 0 0
SPDR GOLD TRUST GOLD SHS 78463V107   730,681 3,988 SH   DFND   3,988 0 0
SPDR SER TR OILGAS EQUIP 78468R549   2,210,548 29,392 SH   DFND   29,392 0 0
SPROTT INC COM NEW 852066208   9,717,465 266,817 SH   DFND   266,817 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104   256,961 16,621 SH   DFND   16,621 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   1,438,187 3,513 SH   DFND   3,513 0 0
STAR BULK CARRIERS CORP SHS PAR Y8162K204   1,106,354 52,384 SH   DFND   52,384 0 0
STRYKER CORP COM 863667101   570,940 2,000 SH   DFND   2,000 0 0
SUNCOR ENERGY INC COM 867224107   1,883,214 60,651 SH   DFND   60,651 0 0
TEJON RANCH CO DEL COM 879080109   21,098,196 1,154,800 SH   DFND   1,154,800 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105   28,832 10,880 SH   DFND   10,880 0 0
TEXAS PACIFIC LAND CORP COM 88262P102   2,413,972,746 1,419,132 SH   DFND   1,419,132 0 0
THE SAINT JOE CO COM 790148100   29,465,447 708,134 SH   DFND   708,134 0 0
TORONTO DOMINION BK ONT COM NEW 891160509   1,150,080 19,200 SH   DFND   19,200 0 0
TRI POINTE HOMES INC COM 87265H109   2,446,216 96,612 SH   DFND   96,612 0 0
TRIPLE FLAG PRECIOUS METAL COM 89679M104   647,100 43,284 SH   DFND   43,284 0 0
UNION PACIFIC CORP COM 907818108   472,961 2,350 SH   DFND   2,350 0 0
VAIL RESORTS INC COM 91879Q109   347,482 1,487 SH   DFND   1,487 0 0
VALMONT INDS INC COM 920253101   662,506 2,075 SH   DFND   2,075 0 0
VANDA PHARMACEUTICALS INC COM 921659108   183,330 27,000 SH   DFND   27,000 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791   1,512,505 38,291 SH   DFND   38,291 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106   582,464 18,005 SH   DFND   18,005 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189H607   1,207,313 4,356 SH   DFND   4,356 0 0
VANGUARD BD INDEX FDS SHORT TRM BOND 921937827   571,992 7,478 SH   DFND   7,478 0 0
VANGUARD BD INDEX FDS VANGUARD ULTRA 92203C303   14,761,561 299,788 SH   DFND   299,788 0 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652   551,512 3,934 SH   DFND   3,934 0 0
VANGUARD INDEX FDS S&P500 ETF SHS 922908363   1,553,921 4,132 SH   DFND   4,132 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769   496,779 2,434 SH   DFND   2,434 0 0
SHORT TERM TREAS SHORT TERM TREAS 92206C102   8,193,195 139,959 SH   DFND   139,959 0 0
SHRT TRM CORP BD SHRT TRM CORP BD 92206C409   114,193 1,498 SH   DFND   1,498 0 0
VERISK ANALYTICS INC CL A 92345Y106   1,343,020 7,000 SH   DFND   7,000 0 0
VERIZON COMMUNICATIONS COM 92343V104   410,056 10,544 SH   DFND   10,544 0 0
VIMEO INC COMMON STOCK 92719V100   48,595 12,688 SH   DFND   12,688 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105   56,311,323 2,011,119 SH   DFND   2,011,119 0 0
VISA INC COM COM CL A 92826C839   978,271 4,339 SH   DFND   4,339 0 0
W P CAREY INC COM 92936U109   1,022,340 13,200 SH   DFND   13,200 0 0
WARNER BROS DISCOVERY INC COM SERIES A 934423104   2,628,140 174,049 SH   DFND   174,049 0 0
WENDYS COMPANY COM 95058W100   26,487,769 1,216,151 SH   DFND   1,216,151 0 0
WEST FRASER TIMBER LTD COM 952845105   32,394,467 454,723 SH   DFND   454,723 0 0
WEYERHAEUSER CO COM NEW 962166104   1,385,684 45,990 SH   DFND   45,990 0 0
WHEATON PRECIOUS METALS CORP COM 962879102   167,188,897 3,471,530 SH   DFND   3,471,530 0 0
WILLIAMS COS INC COM 969457100   4,316,532 144,559 SH   DFND   144,559 0 0
WISDOMTREE INC COM 97717P104   1,132,800 193,311 SH   DFND   193,311 0 0
WESTERN ASSET / CLAYMORE INF COM 95766R104   242,621 26,516 SH   DFND   26,516 0 0
DIREXION SHS ETF TR DLY JR GOLD 2X 25460G807   204,000 12,000 SH Call DFND   12,000 0 0
DIREXION SHS ETF TR IPTH SR B S&P 06747R477   2,833,600 32,200 SH Call DFND   32,200 0 0
BARCLAYS BANK PLC ULTRA VIX SHORT 74347Y839   1,180,800 98,400 SH Call DFND   98,400 0 0
PROSHARES TR II VIX SH TRM FUTRS 74347Y854   1,934,000 96,700 SH Call DFND   96,700 0 0
PROSHARES TR II UNITS 91232N207   200,000 2,000 SH Call DFND   2,000 0 0