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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
ALLIANCE HOLDINGS GP LP COM UNITS LP 01861G100 8,967 613,372 SH   SOLE   613,372 0 0
ALLIANCE RES PARTNER L P UT LTD PART 01877R108 20,918 1,795,536 SH   SOLE   1,795,536 0 0
C & F FINL CORP COM 12466Q104 8,496 222,412 SH   SOLE   222,412 0 0
CULLEN FROST BANKERS INC COM 229899109 10,014 181,704 SH   SOLE   181,704 0 0
HALLADOR ENERGY COMPANY COM 40609P105 1,817 397,605 SH   SOLE   397,605 0 0
JPMORGAN Chase & CO *W EXP 10/28/201 46634E114 13,776 778,325 SH   SOLE   778,325 0 0
NORTHEAST BANCORP COM NEW 663904209 8,549 805,789 SH   SOLE   805,789 0 0
RUSH ENTERPRISES INC CL B 781846308 10,410 570,099 SH   SOLE   570,099 0 0
RUSH ENTERPRISES INC CL A 781846209 27,032 1,482,023 SH   SOLE   1,482,023 0 0
WELLS FARGO & CO NEW *W EXP 10/28/201 949746119 15,365 981,760 SH   SOLE   981,760 0 0