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
BERKSHIRE HATHAWAY INC CL A 084670108 5,982 20 SH   SOLE 0 20 0 0
ACTIVISION BLIZZARD INC COM 00507V109 540 8,000 SH   SOLE 0 1,000 0 7,000
BLACKROCK INC COM 09247X101 542 1,000 SH   SOLE 0 1,000 0 0
STAMPS.COM INC COM NEW 852857200 201 1,000 SH   SOLE 0 1,000 0 0
NETFLIX INC COM 64110L106 443 1,500 SH   SOLE 0 1,500 0 0
EQUIFAX INC COM 294429105 223 1,890 SH   SOLE 0 1,890 0 0
UNITED PARCEL SERVICE-CL B CL B 911312106 209 2,000 SH   SOLE 0 2,000 0 0
BUCKLE INC/THE COM 118440106 238 10,733 SH   SOLE 0 2,000 0 8,733
AMERISOURCEBERGEN CORP COM 03073E105 224 2,600 SH   SOLE 0 2,600 0 0
MCDONALD'S CORP COM 580135101 407 2,600 SH   SOLE 0 2,600 0 0
ALPHABET INC-CL C CAP STK CL C 02079K107 2,889 2,800 SH   SOLE 0 2,800 0 0
UNIVERSAL DISPLAY CORP COM 91347P105 303 3,000 SH   SOLE 0 3,000 0 0
TESLA INC COM 88160R101 798 3,000 SH   SOLE 0 3,000 0 0
LABORATORY CRP OF AMER HLDGS COM NEW 50540R409 550 3,400 SH   SOLE 0 3,400 0 0
DOLLAR GENERAL CORP COM 256677105 374 4,000 SH   SOLE 0 4,000 0 0
ALTRIA GROUP INC COM 02209S103 561 9,000 SH   SOLE 0 4,000 0 5,000
STARBUCKS CORP COM 855244109 232 4,000 SH   SOLE 0 4,000 0 0
SHOPIFY INC - CLASS A CL A 82509L107 498 4,000 SH   SOLE 0 4,000 0 0
VALEANT PHARMACEUTICALS INTE COM 91911K102 400 25,100 SH   SOLE 0 4,000 0 21,100
VECTREN CORP COM 92240G101 256 4,000 SH   SOLE 0 4,000 0 0
CELGENE CORP COM 151020104 446 5,000 SH   SOLE 0 5,000 0 0
HCA HEALTHCARE INC COM 40412C101 485 5,000 SH   SOLE 0 5,000 0 0
AMGEN INC COM 031162100 938 5,500 SH   SOLE 0 5,500 0 0
DAVITA INC COM 23918K108 396 6,000 SH   SOLE 0 6,000 0 0
CVS HEALTH CORP COM 126650100 799 12,850 SH   SOLE 0 6,850 0 6,000
PERRIGO CO PLC SHS G97822103 998 11,980 SH   SOLE 0 6,980 0 5,000
BRIGHTHOUSE FINANCIAL INC COM 10922N103 360 7,000 SH   SOLE 0 7,000 0 0
SEAGATE TECHNOLOGY SHS G7945M107 410 7,000 SH   SOLE 0 7,000 0 0
CRH PLC-SPONSORED ADR ADR 12626K203 272 8,000 SH   SOLE 0 8,000 0 0
ETSY INC COM 29786A106 239 8,500 SH   SOLE 0 8,500 0 0
DISCOVERY INC - A COM SER B 25470F104 1,436 67,000 SH   SOLE 0 9,000 0 58,000
REVANCE THERAPEUTICS INC COM 761330109 280 9,100 SH   SOLE 0 9,100 0 0
FORESIGHT ENERGY LP COM UNT RP INT 34552U104 46 13,000 SH   SOLE 0 10,000 0 3,000
FOSSIL GROUP INC COM 34988V106 191 15,000 SH   SOLE 0 10,000 0 5,000
US GEOTHERMAL INC COM NEW 90338S201 54 10,000 SH   SOLE 0 10,000 0 0
HERITAGE INSURANCE HOLDINGS COM 42727J102 152 10,000 SH   SOLE 0 10,000 0 0
SYNCHRONY FINANCIAL COM 87165B103 587 17,516 SH   SOLE 0 10,400 0 7,116
ENERGEN CORP COM 29265N108 660 10,500 SH   SOLE 0 10,500 0 0
LUBY'S INC COM 549282101 53 18,900 SH   SOLE 0 10,900 0 8,000
GGP INC COM 36174X101 225 11,000 SH   SOLE 0 11,000 0 0
COMMERCEHUB INC-SERIES A COM SER A 20084V108 259 11,500 SH   SOLE 0 11,500 0 0
ASSURED GUARANTY LTD COM G0585R106 434 12,000 SH   SOLE 0 12,000 0 0
INFRAREIT INC COM 45685L100 233 12,000 SH   SOLE 0 12,000 0 0
LIONS GATE ENTERTAINMENT COR CL B NON VTG 535919203 289 12,000 SH   SOLE 0 12,000 0 0
BUILD-A-BEAR WORKSHOP INC COM 120076104 114 12,483 SH   SOLE 0 12,483 0 0
XEROX CORP COM 984121608 374 13,000 SH   SOLE 0 13,000 0 0
UNITED CONTINENTAL HOLDINGS COM 910047109 1,000 14,400 SH   SOLE 0 13,400 0 1,000
GRANITE POINT MORTGAGE TRUST COM 38741L107 225 13,611 SH   SOLE 0 13,611 0 0
RLJ LODGING TRUST CUM CONV PFD A 74965L200 361 14,237 SH   SOLE 0 14,237 0 0
UNITED INSURANCE HOLDINGS CO COM 910710102 276 14,421 SH   SOLE 0 14,421 0 0
STONEMOR PARTNERS LP COM UNITS 86183Q100 90 14,498 SH   SOLE 0 14,498 0 0
MARATHON PETROLEUM CORP COM 56585A102 1,067 14,600 SH   SOLE 0 14,600 0 0
INVITAE CORP COM 46185L103 70 14,850 SH   SOLE 0 14,850 0 0
ENERGY RECOVERY INC COM 29270J100 123 15,000 SH   SOLE 0 15,000 0 0
MICHAEL KORS HOLDINGS LTD SHS G60754101 962 15,500 SH   SOLE 0 15,500 0 0
UNIVERSAL INSURANCE HOLDINGS COM 91359V107 1,066 33,406 SH   SOLE 0 16,000 0 17,406
CNX MIDSTREAM PARTNERS LP COM UNIT REPST 12654A101 305 16,600 SH   SOLE 0 16,600 0 0
ALLERGAN PLC SHS G0177J108 3,576 21,250 SH   SOLE 0 17,600 0 3,650
ANADARKO PETROLEUM CORP COM 032511107 1,087 18,000 SH   SOLE 0 18,000 0 0
EDISON INTERNATIONAL COM 281020107 1,146 18,000 SH   SOLE 0 18,000 0 0
GUESS INC COM 401617105 685 33,005 SH   SOLE 0 18,000 0 15,005
MADISON SQUARE GARDEN CO- A CL A 55825T103 4,424 18,000 SH   SOLE 0 18,000 0 0
EQUITY COMMONWEALTH COM SH BEN INT 294628102 810 26,400 SH   SOLE 0 18,400 0 8,000
GNC HOLDINGS INC-CL A COM CL A 36191G107 164 42,500 SH   SOLE 0 19,000 0 23,500
GOLDMAN SACHS GROUP INC COM 38141G104 5,163 20,500 SH   SOLE 0 19,500 0 1,000
ALCOA CORP COM 013872106 1,304 29,000 SH   SOLE 0 20,000 0 9,000
GENERAL MILLS INC COM 370334104 901 20,000 SH   SOLE 0 20,000 0 0
WEATHERFORD INTERNATIONAL PL ORD SHS G48833100 46 20,000 SH   SOLE 0 20,000 0 0
PEABODY ENERGY CORP COM 704551100 735 20,136 SH   SOLE 0 20,136 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 855 33,653 SH   SOLE 0 21,653 0 12,000
SUNCOKE ENERGY PARTNERS LP COMUNIT REP LT 86722Y101 387 21,724 SH   SOLE 0 21,724 0 0
AMERICAN SUPERCONDUCTOR CORP SHS NEW 030111207 134 23,100 SH   SOLE 0 23,100 0 0
HCI GROUP INC COM 40416E103 929 24,350 SH   SOLE 0 24,350 0 0
J.C. PENNEY CO INC COM 708160106 124 40,900 SH   SOLE 0 24,900 0 16,000
CANADIAN SOLAR INC COM 136635109 407 25,000 SH   SOLE 0 25,000 0 0
EASTMAN KODAK CO COM NEW 277461406 134 25,000 SH   SOLE 0 25,000 0 0
CITIGROUP INC COM NEW 172967424 3,915 58,000 SH   SOLE 0 26,000 0 32,000
INTL BUSINESS MACHINES CORP COM 459200101 4,557 29,700 SH   SOLE 0 26,700 0 3,000
VERIZON COMMUNICATIONS INC COM 92343V104 1,472 30,780 SH   SOLE 0 26,984 0 3,796
B. RILEY FINANCIAL INC COM 05580M108 527 27,022 SH   SOLE 0 27,022 0 0
CIT GROUP INC COM 125581801 1,402 27,223 SH   SOLE 0 27,223 0 0
CHICAGO BRIDGE & IRON CO NV COM 167250109 403 28,000 SH   SOLE 0 28,000 0 0
COMMERCEHUB INC-SERIES C COM SER C 20084V306 630 28,000 SH   SOLE 0 28,000 0 0
US CELLULAR CORP COM 911684108 1,274 31,700 SH   SOLE 0 28,700 0 3,000
ALTICE USA INC- A CL A 02156K103 536 29,000 SH   SOLE 0 29,000 0 0
OFFICE DEPOT INC COM 676220106 260 121,000 SH   SOLE 0 30,000 0 91,000
NEW YORK & CO COM 649295102 153 45,353 SH   SOLE 0 30,353 0 15,000
VICI PROPERTIES INC COM 925652109 559 30,500 SH   SOLE 0 30,500 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 2,113 41,000 SH   SOLE 0 32,000 0 9,000
AMC ENTERTAINMENT HLDS-CL A CL A COM 00165C104 991 70,500 SH   SOLE 0 70,500 0 0
QUALCOMM INC COM 747525103 1,801 32,500 SH   SOLE 0 32,500 0 0
HAWAIIAN HOLDINGS INC COM 419879101 1,993 51,500 SH   SOLE 0 33,500 0 18,000
KELLOGG CO COM 487836108 2,698 41,500 SH   SOLE 0 33,500 0 8,000
EXPRESS SCRIPTS HOLDING CO COM 30219G108 2,487 36,000 SH   SOLE 0 34,000 0 2,000
CBS CORP-CLASS B NON VOTING CL B 124857202 2,056 40,000 SH   SOLE 0 35,000 0 5,000
GAIN CAPITAL HOLDINGS INC COM 36268W100 263 39,000 SH   SOLE 0 35,000 0 4,000
MESABI TRUST CTF BEN INT 590672101 950 36,884 SH   SOLE 0 35,000 0 1,884
MBIA INC COM 55262C100 398 43,000 SH   SOLE 0 35,000 0 8,000
STAGE STORES INC COM NEW 85254C305 76 35,000 SH   SOLE 0 35,000 0 0
LIBERTY LATIN AMERIC-CL A COM CL A G9001E102 722 37,118 SH   SOLE 0 37,118 0 0
JPMORGAN CHASE & CO COM 46625H100 6,983 63,500 SH   SOLE 0 37,500 0 26,000
SMITH & NEPHEW PLC -SPON ADR SPDN ADR NEW 83175M205 1,598 41,900 SH   SOLE 0 37,900 0 4,000
ROKU INC COM CL A 77543R102 1,627 52,300 SH   SOLE 0 38,300 0 14,000
MYLAN NV COM N59465109 2,166 52,600 SH   SOLE 0 38,600 0 14,000
BERKSHIRE HATHAWAY INC CL B 084670702 10,413 52,200 SH   SOLE 0 43,200 0 9,000
ASCENA RETAIL GROUP INC COM 04351G101 88 43,694 SH   SOLE 0 43,694 0 0
GAMESTOP CORP-CLASS A CL A 36467W109 617 48,900 SH   SOLE 0 43,900 0 5,000
PHH CORP COM NEW 693320202 477 45,595 SH   SOLE 0 45,595 0 0
BLACKSTONE GROUP LP/THE COM UNIT LTD 09253U108 1,534 48,000 SH   SOLE 0 48,000 0 0
OCI PARTNERS LP COM UNIT REP LP 67091N108 634 69,235 SH   SOLE 0 49,835 0 19,400
DSW INC-CLASS A CL A 23334L102 1,348 60,000 SH   SOLE 0 50,000 0 10,000
NATIONSTAR MORTGAGE HOLDINGS COM 63861C109 948 52,787 SH   SOLE 0 52,787 0 0
TIVO CORP COM 88870P106 720 53,100 SH   SOLE 0 53,100 0 0
PARATEK PHARMACEUTICALS INC COM 699374302 747 57,438 SH   SOLE 0 55,000 0 2,438
SCHULMAN (A.) INC COM 808194104 2,580 60,000 SH   SOLE 0 55,000 0 5,000
GILEAD SCIENCES INC COM 375558103 4,629 61,400 SH   SOLE 0 55,400 0 6,000
GAMING AND LEISURE PROPERTIE COM 36467J108 4,827 144,227 SH   SOLE 0 58,667 0 85,560
SPIRIT AIRLINES INC COM 848577102 2,933 77,637 SH   SOLE 0 59,100 0 18,537
ANNALY CAPITAL MANAGEMENT IN COM 035710409 626 60,000 SH   SOLE 0 60,000 0 0
TUESDAY MORNING CORP COM NEW 899035505 256 64,859 SH   SOLE 0 64,859 0 0
SOUTHCROSS ENERGY PARTNERS L COM UNIT LTDPT 84130C100 111 68,110 SH   SOLE 0 66,246 0 1,864
BORGWARNER INC COM 099724106 3,728 74,215 SH   SOLE 0 70,215 0 4,000
ATLANTIC POWER CORP COM NEW 04878Q863 149 71,100 SH   SOLE 0 71,100 0 0
APPLE INC COM 037833100 13,406 79,900 SH   SOLE 0 71,900 0 8,000
SUNOCO LP COM U REP LP 86765K109 2,118 83,025 SH   SOLE 0 72,041 0 10,984
AMBAC FINANCIAL GROUP INC COM NEW 023139884 1,213 77,350 SH   SOLE 0 72,350 0 5,000
TIME WARNER INC COM NEW 887317303 144,479 1,527,588 SH   SOLE 0 1,218,388 0 309,200
TRONC INC COM 89703P107 1,259 76,650 SH   SOLE 0 76,650 0 0
P G & E CORP COM 69331C108 4,165 94,800 SH   SOLE 0 76,800 0 18,000
APOLLO GLOBAL MANAGEMENT - A CL A SHS 037612306 2,692 90,900 SH   SOLE 0 76,900 0 14,000
CVR PARTNERS LP COM 126633106 274 84,430 SH   SOLE 0 78,430 0 6,000
CLOUD PEAK ENERGY INC COM 18911Q102 259 89,000 SH   SOLE 0 80,000 0 9,000
BAKER HUGHES A GE CO CL A 05722G100 2,596 93,500 SH   SOLE 0 81,500 0 12,000
FACEBOOK INC-A CL A 30303M102 18,314 114,610 SH   SOLE 0 81,810 0 32,800
EMMIS COMMUNICATIONS-CLASS A CL A 291525400 774 167,908 SH   SOLE 0 81,860 0 86,048
MONEYGRAM INTERNATIONAL INC COM NEW 60935Y208 1,188 137,873 SH   SOLE 0 82,259 0 55,614
INTERACTIVE BROKERS GRO-CL A COM 45841N107 8,632 128,373 SH   SOLE 0 83,000 0 45,373
8POINT3 ENERGY PARTNERS LP CL A RPT LTDPT 282539105 1,234 101,526 SH   SOLE 0 89,203 0 12,323
NEW YORK TIMES CO-A CL A 650111107 3,126 129,700 SH   SOLE 0 90,000 0 39,700
MAXWELL TECHNOLOGIES INC COM 577767106 551 92,850 SH   SOLE 0 92,850 0 0
GENOCEA BIOSCIENCES INC COM 372427104 119 113,100 SH   SOLE 0 97,100 0 16,000
COCA-COLA CO/THE COM 191216100 4,408 101,500 SH   SOLE 0 101,500 0 0
ABERCROMBIE & FITCH CO-CL A CL A 002896207 3,324 137,287 SH   SOLE 0 102,000 0 35,287
MONDELEZ INTERNATIONAL INC-A CL A 609207105 5,208 124,800 SH   SOLE 0 106,600 0 18,200
INVITATION HOMES INC COM 46187W107 3,016 132,107 SH   SOLE 0 112,107 0 20,000
GLOBAL CORD BLOOD CORP SHS G39342103 1,377 135,000 SH   SOLE 0 114,000 0 21,000
WMIH CORP COM 92936P100 164 115,345 SH   SOLE 0 115,345 0 0
22ND CENTURY GROUP INC COM 90137F103 273 115,967 SH   SOLE 0 115,967 0 0
WALT DISNEY CO/THE COM DISNEY 254687106 14,162 141,000 SH   SOLE 0 119,000 0 22,000
AVID BIOSERVICES INC COM 05368M106 361 123,500 SH   SOLE 0 123,500 0 0
AETNA INC COM 00817Y108 26,449 156,500 SH   SOLE 0 127,000 0 29,500
OAKTREE CAPITAL GROUP LLC UNIT CL A 674001201 5,729 144,670 SH   SOLE 0 133,370 0 11,300
CHINA MOBILE LTD-SPON ADR SPONSORED ADR 16941M109 8,098 177,000 SH   SOLE 0 137,500 0 39,500
KROGER CO COM 501044101 3,471 145,000 SH   SOLE 0 140,000 0 5,000
XL GROUP LTD COM G98294104 9,726 176,000 SH   SOLE 0 142,000 0 34,000
HOVNANIAN ENTERPRISES-A CL A 442487203 275 150,000 SH   SOLE 0 150,000 0 0
BARNES & NOBLE EDUCATION INC COM 06777U101 1,319 191,475 SH   SOLE 0 154,650 0 36,825
MCDERMOTT INTL INC COM 580037703 979 160,700 SH   SOLE 0 160,700 0 0
PITNEY BOWES INC COM 724479100 2,154 197,753 SH   SOLE 0 160,753 0 37,000
BED BATH & BEYOND INC COM 075896100 4,523 215,500 SH   SOLE 0 174,000 0 41,500
ENERGY XXI GULF COAST INC COM 29276K101 669 174,300 SH   SOLE 0 174,300 0 0
LEE ENTERPRISES COM 523768109 806 413,284 SH   SOLE 0 175,300 0 237,984
CLEVELAND-CLIFFS INC COM 185899101 1,474 212,126 SH   SOLE 0 179,226 0 32,900
JETBLUE AIRWAYS CORP COM 477143101 3,698 182,000 SH   SOLE 0 182,000 0 0
NXP SEMICONDUCTORS NV COM N6596X109 36,358 310,750 SH   SOLE 0 218,750 0 92,000
MONSANTO CO COM 61166W101 31,162 267,047 SH   SOLE 0 219,446 0 47,601
BANK OF AMERICA CORP COM 060505104 9,537 318,000 SH   SOLE 0 220,000 0 98,000
WIDEOPENWEST INC COM 96758W101 1,777 248,550 SH   SOLE 0 223,550 0 25,000
KKR & CO LP COM UNITS 48248M102 5,215 256,892 SH   SOLE 0 224,772 0 32,120
AMERICA MOVIL-SPN ADR CL L SPON ADR L SHS 02364W105 4,892 256,247 SH   SOLE 0 230,247 0 26,000
XCERRA CORP COM 98400J108 3,024 259,600 SH   SOLE 0 240,300 0 19,300
WELLS FARGO & CO COM 949746101 16,666 318,000 SH   SOLE 0 241,000 0 77,000
GANNETT CO INC COM 36473H104 3,254 326,029 SH   SOLE 0 245,070 0 80,959
DISCOVERY INC-C COM SER B 25470F302 5,605 287,145 SH   SOLE 0 247,145 0 40,000
MACQUARIE INFRASTRUCTURE COR COM 55608B105 11,061 299,500 SH   SOLE 0 248,000 0 51,500
RITE AID CORP COM 767754104 454 270,000 SH   SOLE 0 270,000 0 0
ADVANCED MICRO DEVICES COM 007903107 3,246 323,000 SH   SOLE 0 300,000 0 23,000
DR PEPPER SNAPPLE GROUP INC COM 26138E109 44,795 378,396 SH   SOLE 0 319,896 0 58,500
BLACKBERRY LTD COM 09228F103 4,773 415,000 SH   SOLE 0 330,000 0 85,000
NEWS CORP - CLASS A CL A 65249B109 6,674 422,400 SH   SOLE 0 353,400 0 69,000
MACY'S INC COM 55616P104 15,539 522,500 SH   SOLE 0 435,500 0 87,000
GENERAL MOTORS CO COM 37045V100 21,635 595,350 SH   SOLE 0 461,350 0 134,000
T-MOBILE US INC COM 872590104 40,020 655,629 SH   SOLE 0 530,450 0 125,179
COMCAST CORP-CLASS A CL A 20030N101 24,780 725,200 SH   SOLE 0 565,000 0 160,200
PROSPECT CAPITAL CORP COM 74348T102 4,709 718,900 SH   SOLE 0 614,900 0 104,000
CHICO'S FAS INC COM 168615102 7,187 795,000 SH   SOLE 0 650,000 0 145,000
GENWORTH FINANCIAL INC-CL A COM CL A 37247D106 2,905 1,026,493 SH   SOLE 0 888,193 0 138,300
BARNES & NOBLE INC COM 067774109 7,084 1,431,101 SH   SOLE 0 1,153,101 0 278,000
OCH-ZIFF CAPITAL MANAGEMEN-A CL A 67551U105 3,690 1,382,088 SH   SOLE 0 1,242,614 0 139,474
FITBIT INC - A CL A 33812L102 14,418 2,827,002 SH   SOLE 0 2,273,090 0 553,912
CABLE ONE INC COM 12685J105 344 500 SH   SOLE 0 0 0 500
MORGAN STANLEY COM NEW 617446448 216 4,000 SH   SOLE 0 0 0 4,000
VITAMIN SHOPPE INC COM 92849E101 52 11,900 SH   SOLE 0 0 0 11,900
GOGO INC COM 38046C109 95 11,000 SH   SOLE 0 0 0 11,000
INTREPID POTASH INC COM 46121Y102 98 27,000 SH   SOLE 0 0 0 27,000
TRIBUNE MEDIA CO - A CL A 896047503 324 8,000 SH   SOLE 0 0 0 8,000
SEARS HOMETOWN AND OUTLET ST COM 812362101 32 10,533 SH   SOLE 0 0 0 10,533
NUVEEN PREFERRED & INCOME SE COM 67072C105 98 10,000 SH   SOLE 0 0 0 10,000
OPHTHOTECH CORP COM 683745103 99 36,000 SH   SOLE 0 0 0 36,000
BARCLAYS PLC-SPONS ADR ADR 06738E204 532 45,000 SH   SOLE 0 0 0 45,000
PANDORA MEDIA INC COM 698354107 215 42,655 SH   SOLE 0 0 0 42,655
ON DECK CAPITAL INC COM 682163100 268 47,920 SH   SOLE 0 0 0 47,920
GRAHAM HOLDINGS CO-CLASS B COM 384637104 301 500 SH   SOLE 0 0 0 500
AMERICAN EAGLE OUTFITTERS COM 02553E106 199 10,000 SH   SOLE 0 0 0 10,000