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
AMBAC FINANCIAL GROUP INC COM NEW 023139884 1,610 78,850 SH   SOLE 0 73,850 0 5,000
BANK OF AMERICA CORP COM 060505104 9,368 318,000 SH   SOLE 0 220,000 0 98,000
BED BATH & BEYOND INC COM 075896100 5,708 380,500 SH   SOLE 0 333,000 0 47,500
BAKER HUGHES A GE CO CL A 05722G100 775 22,900 SH   SOLE 0 15,900 0 7,000
BARNES & NOBLE INC COM 067774109 6,088 1,049,715 SH   SOLE 0 781,715 0 268,000
BEMIS COMPANY COM 081437105 11,090 228,183 SH   SOLE 0 187,683 0 40,500
BARNES & NOBLE EDUCATION INC COM 06777U101 1,497 259,927 SH   SOLE 0 194,750 0 65,177
BERKSHIRE HATHAWAY INC CL B 084670702 2,141 10,000 SH   SOLE 0 0 0 10,000
BORGWARNER INC COM 099724106 3,389 79,215 SH   SOLE 0 70,215 0 9,000
CITIGROUP INC COM NEW 172967424 23,244 324,000 SH   SOLE 0 196,000 0 128,000
AVID BIOSERVICES INC COM 05368M106 1,029 150,000 SH   SOLE 0 130,000 0 20,000
CHESAPEAKE ENERGY CORP COM 165167107 364 81,000 SH   SOLE 0 21,000 0 60,000
CHINA MOBILE LTD-SPON ADR SPONSORED ADR 16941M109 10,593 216,500 SH   SOLE 0 159,000 0 57,500
CHICO'S FAS INC COM 168615102 6,341 731,324 SH   SOLE 0 573,324 0 158,000
CIGNA CORP COM 125509109 7,747 37,200 SH   SOLE 0 33,000 0 4,200
COMCAST CORP-CLASS A CL A 20030N101 67,412 1,903,765 SH   SOLE 0 1,366,670 0 537,095
GLOBAL CORD BLOOD CORP SHS G39342103 1,810 258,964 SH   SOLE 0 207,980 0 50,984
CONVERGYS CORP COM 212485106 793 33,400 SH   SOLE 0 13,400 0 20,000
CAMPING WORLD HOLDINGS INC-A CL A 13462K109 1,343 63,000 SH   SOLE 0 38,500 0 24,500
WALT DISNEY CO/THE COM DISNEY 254687106 8,946 76,500 SH   SOLE 0 44,000 0 32,500
ENERGY XXI GULF COAST INC COM 29276K101 679 81,182 SH   SOLE 0 12,082 0 69,100
FACEBOOK INC-CLASS A CL A 30303M102 24,060 146,300 SH   SOLE 0 104,000 0 42,300
FITBIT INC - A CL A 33812L102 8,692 1,624,637 SH   SOLE 0 1,193,527 0 431,110
GANNETT CO INC COM 36473H104 3,053 304,959 SH   SOLE 0 234,000 0 70,959
GILEAD SCIENCES INC COM 375558103 5,513 71,400 SH   SOLE 0 57,400 0 14,000
GENERAL MOTORS CO CL A 37045V100 20,505 609,000 SH   SOLE 0 455,000 0 154,000
GNC HOLDINGS INC-CL A COM CL A 36191G107 176 42,500 SH   SOLE 0 19,000 0 23,500
GENWORTH FINANCIAL INC-CL A COM CL A 37247D106 475 114,000 SH   SOLE 0 80,000 0 34,000
GOVERNMENT PROPERTIES INCOME COM SHS BEN INT 38376A103 8,074 715,112 SH   SOLE 0 556,487 0 158,625
GOLDMAN SACHS GROUP INC COM 38141G104 4,597 20,500 SH   SOLE 0 19,500 0 1,000
HAWAIIAN HOLDINGS INC COM 419879101 2,687 67,000 SH   SOLE 0 36,000 0 31,000
JPMORGAN CHASE & CO COM 46625H100 7,391 65,500 SH   SOLE 0 39,500 0 26,000
KEURIG DR PEPPER INC COM 49271V100 2,679 115,632 SH   SOLE 0 79,132 0 36,500
MBIA INC COM 55262C100 460 43,000 SH   SOLE 0 35,000 0 8,000
MCDERMOTT INTL INC COM 580037703 1,204 65,333 SH   SOLE 0 52,000 0 13,333
MACQUARIE INFRASTRUCTURE COR COM 55608B105 5,697 123,491 SH   SOLE 0 87,000 0 36,491
MANNATECH INC COM NEW 563771203 419 21,017 SH   SOLE 0 6,517 0 14,500
MICRON TECHNOLOGY INC COM 595112103 6,120 135,300 SH   SOLE 0 127,300 0 8,000
NETFLIX INC COM 64110L106 8,605 23,000 SH   SOLE 0 16,000 0 7,000
NEWS CORP - CLASS A CL A 65249B109 8,060 611,068 SH   SOLE 0 490,068 0 121,000
PANDORA MEDIA INC COM 698354107 23,762 2,498,655 SH   SOLE 0 2,095,000 0 403,655
P G & E CORP COM 69331C108 1,380 30,000 SH   SOLE 0 22,000 0 8,000
PARATEK PHARMACEUTICALS INC COM 699374302 654 67,438 SH   SOLE 0 55,000 0 12,438
PROSPECT CAPITAL CORP COM 74348T102 4,281 584,000 SH   SOLE 0 486,000 0 98,000
ROKU INC COM CL A 77543R102 18,805 257,500 SH   SOLE 0 181,000 0 76,500
REVANCE THERAPEUTICS INC COM 761330109 1,458 58,672 SH   SOLE 0 44,200 0 14,472
SPIRIT AIRLINES INC COM 848577102 3,741 79,637 SH   SOLE 0 59,100 0 20,537
SHIRE PLC-ADR SPONSORED ADR 82481R106 2,628 14,500 SH   SOLE 0 5,000 0 9,500
SPECTRUM PHARMACEUTICALS INC COM 84763A108 336 20,000 SH   SOLE 0 17,000 0 3,000
SUNPOWER CORP COM 867652406 1,399 191,701 SH   SOLE 0 151,701 0 40,000
AT&T INC COM 00206R102 81,613 2,430,401 SH   SOLE 0 1,760,000 0 670,401
TELECOM ARGENTINA SA-SP ADR SPONSORED ADR 879273209 2,290 131,472 SH   SOLE 0 97,072 0 34,400
T-MOBILE US INC COM 872590104 74,061 1,055,298 SH   SOLE 0 760,794 0 294,504
TESLA INC COM 88160R101 5,560 21,000 SH   SOLE 0 18,000 0 3,000
TWITTER INC COM 90184L102 3,188 112,000 SH   SOLE 0 101,000 0 11,000
US CELLULAR CORP COM 911684108 1,787 39,900 SH   SOLE 0 28,900 0 11,000
VIACOM INC-CLASS B CL B 92553P201 3,420 101,297 SH   SOLE 0 71,000 0 30,297
VERIZON COMMUNICATIONS INC COM 92343V104 24,986 467,986 SH   SOLE 0 349,190 0 118,796
WELLS FARGO & CO COM 949746101 17,870 340,000 SH   SOLE 0 241,000 0 99,000
WIDEOPENWEST INC COM 96758W101 3,966 353,750 SH   SOLE 0 295,650 0 58,100
GRAHAM HOLDINGS CO-CLASS B COM 384637104 290 500 SH   SOLE 0 0 0 500
MESABI TRUST CTF BEN INT 590672101 723 27,284 SH   SOLE 0 25,400 0 1,884
DISCOVERY INC-C COM SER B 25470F302 3,655 123,560 SH   SOLE 0 120,000 0 3,560
ALLERGAN PLC SHS G0177J108 4,048 21,250 SH   SOLE 0 17,600 0 3,650
INTL BUSINESS MACHINES CORP COM 459200101 4,763 31,500 SH   SOLE 0 28,500 0 3,000
OAKTREE CAPITAL GROUP LLC UNIT CL A 674001201 6,258 151,170 SH   SOLE 0 139,870 0 11,300
PERRIGO CO PLC SHS G97822103 848 11,980 SH   SOLE 0 6,980 0 5,000
CVS HEALTH CORP COM 126650100 4,711 59,850 SH   SOLE 0 53,850 0 6,000
GOGO INC COM 38046C109 57 11,000 SH   SOLE 0 0 0 11,000
KELLOGG CO COM 487836108 2,906 41,500 SH   SOLE 0 33,500 0 8,000
BANK OF NEW YORK MELLON CORP COM 064058100 2,295 45,000 SH   SOLE 0 36,000 0 9,000
KROGER CO COM 501044101 3,843 132,000 SH   SOLE 0 127,000 0 5,000
SUNOCO LP COM U REP LP 86765K109 325 10,984 SH   SOLE 0 0 0 10,984
INVITATION HOMES INC COM 46187W107 1,191 52,000 SH   SOLE 0 41,000 0 11,000
MYLAN NV COM N59465109 1,925 52,600 SH   SOLE 0 38,600 0 14,000
PAPA JOHN'S INTL INC COM 698813102 697 13,600 SH   SOLE 0 3,600 0 10,000
CVR PARTNERS LP COM 126633106 322 84,430 SH   SOLE 0 78,430 0 6,000
NEW YORK & CO COM 649295102 137 35,500 SH   SOLE 0 23,500 0 12,000
GENOCEA BIOSCIENCES INC COM 372427104 18 23,100 SH   SOLE 0 7,100 0 16,000
CLOUD PEAK ENERGY INC COM 18911Q102 205 89,000 SH   SOLE 0 80,000 0 9,000
KKR & CO INC -A COM UNITS 48251W104 399 14,620 SH   SOLE 0 0 0 14,620
INTREPID POTASH INC COM 46121Y102 65 18,000 SH   SOLE 0 0 0 18,000
APOLLO GLOBAL MANAGEMENT - A CL A SHS 037612306 1,244 36,000 SH   SOLE 0 22,000 0 14,000
AMERICA MOVIL-SPN ADR CL L SPON ADR L SHS 02364W105 4,276 266,247 SH   SOLE 0 230,247 0 36,000
J.C. PENNEY CO INC COM 708160106 68 40,900 SH   SOLE 0 24,900 0 16,000
MONEYGRAM INTERNATIONAL INC COM NEW 60935Y208 201 37,614 SH   SOLE 0 0 0 37,614
CLEVELAND-CLIFFS INC COM 185899101 2,622 207,126 SH   SOLE 0 179,226 0 27,900
INTERACTIVE BROKERS GRO-CL A COM 45841N107 5,109 92,373 SH   SOLE 0 56,000 0 36,373
OFFICE DEPOT INC COM 676220106 388 121,000 SH   SOLE 0 30,000 0 91,000
PITNEY BOWES INC COM 724479100 1,400 197,753 SH   SOLE 0 160,753 0 37,000
NEW YORK TIMES CO-A CL A 650111107 2,019 87,200 SH   SOLE 0 50,000 0 37,200
BLACKBERRY LTD COM 09228F103 3,983 350,000 SH   SOLE 0 278,000 0 72,000
GAMING AND LEISURE PROPERTIE COM 36467J108 4,990 141,560 SH   SOLE 0 56,000 0 85,560
EMMIS COMMUNICATIONS-CLASS A CL A 291525400 779 149,034 SH   SOLE 0 67,986 0 81,048
OCH-ZIFF CAPITAL MANAGEMEN-A CL A 67551U105 2,805 1,895,438 SH   SOLE 0 1,610,314 0 285,124
LEE ENTERPRISES COM 523768109 835 314,984 SH   SOLE 0 100,000 0 214,984
MICHAELS COS INC/THE COM 59408Q106 990 61,000 SH   SOLE 0 57,000 0 4,000
LOMA NEGRA CIA IND-SPON ADR SPONSORED ADS 54150E104 662 74,887 SH   SOLE 0 69,887 0 5,000
UNITED CONTINENTAL HOLDINGS COM 910047109 623 7,000 SH   SOLE 0 6,000 0 1,000
GAIN CAPITAL HOLDINGS INC COM 36268W100 254 39,000 SH   SOLE 0 35,000 0 4,000
VODAFONE GROUP PLC-SP ADR SPONSORED ADR 92857W308 868 40,000 SH   SOLE 0 35,000 0 5,000
GAMESTOP CORP-CLASS A CL A 36467W109 534 35,000 SH   SOLE 0 30,000 0 5,000
SYNCHRONY FINANCIAL COM 87165B103 544 17,516 SH   SOLE 0 10,400 0 7,116
LUBY'S INC COM 549282101 21 12,400 SH   SOLE 0 4,400 0 8,000
NUVEEN PREFERRED & INCOME SE COM 67072C105 88 10,000 SH   SOLE 0 0 0 10,000
RAFAEL HOLDINGS INC-CLASS B COM CL B 75062E106 437 52,070 SH   SOLE 0 52,070 0 0
22ND CENTURY GROUP INC COM 90137F103 193 68,782 SH   SOLE 0 68,782 0 0
APPLE INC COM 037833100 2,032 9,000 SH   SOLE 0 9,000 0 0
ADVANCED MICRO DEVICES COM 007903107 1,853 60,000 SH   SOLE 0 60,000 0 0
AMERICAN SUPERCONDUCTOR CORP SHS NEW 030111207 114 16,400 SH   SOLE 0 16,400 0 0
ASCENA RETAIL GROUP INC COM 04351G101 200 43,694 SH   SOLE 0 43,694 0 0
BRIGHTHOUSE FINANCIAL INC COM 10922N103 434 9,800 SH   SOLE 0 9,800 0 0
CELGENE CORP COM 151020104 447 5,000 SH   SOLE 0 5,000 0 0
CHARTER COMMUNICATIONS INC-A CL A 16119P108 1,564 4,800 SH   SOLE 0 4,800 0 0
CANADIAN SOLAR INC COM 136635109 174 12,000 SH   SOLE 0 12,000 0 0
CAESARS ENTERTAINMENT CORP COM 127686103 1,128 110,000 SH   SOLE 0 110,000 0 0
ELECTRONIC ARTS INC COM 285512109 482 4,000 SH   SOLE 0 4,000 0 0
ENERGY RECOVERY INC COM 29270J100 134 15,000 SH   SOLE 0 15,000 0 0
FIFTH THIRD BANCORP COM 316773100 816 29,210 SH   SOLE 0 29,210 0 0
TWENTY-FIRST CENTURY FOX-A CL A 90130A101 3,869 83,500 SH   SOLE 0 83,500 0 0
INDUSTRIAL LOGISTICS PROPERT COM SHS BEN INT 456237106 242 10,500 SH   SOLE 0 10,500 0 0
JETBLUE AIRWAYS CORP COM 477143101 3,601 186,000 SH   SOLE 0 186,000 0 0
LIBERTY LATIN AMERIC-CL A COM CL A G9001E102 774 37,118 SH   SOLE 0 37,118 0 0
MAXWELL TECHNOLOGIES INC COM 577767106 353 101,150 SH   SOLE 0 101,150 0 0
UNIVERSAL DISPLAY CORP COM 91347P105 354 3,000 SH   SOLE 0 3,000 0 0
QUALCOMM INC COM 747525103 360 5,000 SH   SOLE 0 5,000 0 0
B. RILEY FINANCIAL INC COM 05580M108 771 34,022 SH   SOLE 0 34,022 0 0
STARBUCKS CORP COM 855244109 227 4,000 SH   SOLE 0 4,000 0 0
SEAGATE TECHNOLOGY SHS G7945M107 331 7,000 SH   SOLE 0 7,000 0 0
TIVO CORP COM 88870P106 647 52,000 SH   SOLE 0 52,000 0 0
TUESDAY MORNING CORP COM NEW 899035505 67 20,859 SH   SOLE 0 20,859 0 0
UNITED INSURANCE HOLDINGS CO COM 910710102 323 14,421 SH   SOLE 0 14,421 0 0
US CONCRETE INC COM NEW 90333L201 229 5,000 SH   SOLE 0 5,000 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 2,661 36,500 SH   SOLE 0 36,500 0 0
XCERRA CORP COM 98400J108 2,069 145,000 SH   SOLE 0 145,000 0 0
AMERISOURCEBERGEN CORP COM 03073E105 599 6,500 SH   SOLE 0 6,500 0 0
AETNA INC COM 00817Y108 3,043 15,000 SH   SOLE 0 15,000 0 0
ASSURED GUARANTY LTD COM G0585R106 507 12,000 SH   SOLE 0 12,000 0 0
ANADARKO PETROLEUM CORP COM 032511107 1,213 18,000 SH   SOLE 0 18,000 0 0
ATLANTIC POWER CORP COM NEW 04878Q863 156 71,100 SH   SOLE 0 71,100 0 0
ALTICE USA INC- A CL A 02156K103 617 34,000 SH   SOLE 0 34,000 0 0
BELMOND LTD-CLASS A CL A G1154H107 544 29,800 SH   SOLE 0 29,800 0 0
BLACKROCK INC COM 09247X101 471 1,000 SH   SOLE 0 1,000 0 0
BABCOCK & WILCOX ENTERPR COM 05614L100 139 135,000 SH   SOLE 0 135,000 0 0
BLACKSTONE GROUP LP/THE COM UNIT LTD 09253U108 2,094 55,000 SH   SOLE 0 55,000 0 0
CIT GROUP INC COM 125581801 1,405 27,223 SH   SOLE 0 27,223 0 0
CRH PLC-SPONSORED ADR ADR 12626K203 262 8,000 SH   SOLE 0 8,000 0 0
DAVITA INC COM 23918K108 430 6,000 SH   SOLE 0 6,000 0 0
ENERGEN CORP COM 29265N108 603 7,000 SH   SOLE 0 7,000 0 0
EDISON INTERNATIONAL COM 281020107 1,218 18,000 SH   SOLE 0 18,000 0 0
GENERAL MILLS INC COM 370334104 858 20,000 SH   SOLE 0 20,000 0 0
GRANITE POINT MORTGAGE TRUST COM 38741L107 262 13,611 SH   SOLE 0 13,611 0 0
HCA HEALTHCARE INC COM 40412C101 278 2,000 SH   SOLE 0 2,000 0 0
HCI GROUP INC COM 40416E103 889 20,311 SH   SOLE 0 20,311 0 0
INFRAREIT INC COM 45685L100 254 12,000 SH   SOLE 0 12,000 0 0
HOVNANIAN ENTERPRISES-A CL A 442487203 304 190,000 SH   SOLE 0 190,000 0 0
HERITAGE INSURANCE HOLDINGS COM 42727J102 148 10,000 SH   SOLE 0 10,000 0 0
NORDSTROM INC COM 655664100 245 4,100 SH   SOLE 0 4,100 0 0
LENNAR CORP-A CL A 526057104 374 8,000 SH   SOLE 0 8,000 0 0
LIONS GATE ENTERTAINMENT COR CL B NON VTG 535919203 280 12,000 SH   SOLE 0 12,000 0 0
LABORATORY CRP OF AMER HLDGS COM NEW 50540R409 591 3,400 SH   SOLE 0 3,400 0 0
SOUTHWEST AIRLINES CO COM 844741108 593 9,500 SH   SOLE 0 9,500 0 0
MACY'S INC COM 55616P104 1,910 55,000 SH   SOLE 0 55,000 0 0
MCDONALD'S CORP COM 580135101 435 2,600 SH   SOLE 0 2,600 0 0
MOODY'S CORP COM 615369105 351 2,100 SH   SOLE 0 2,100 0 0
MARATHON PETROLEUM CORP COM 56585A102 392 4,900 SH   SOLE 0 4,900 0 0
MADISON SQUARE GARDEN CO- A CL A 55825T103 2,601 8,250 SH   SOLE 0 8,250 0 0
INVITAE CORP COM 46185L103 231 13,796 SH   SOLE 0 13,796 0 0
ORION ENGINEERED CARBONS SA COM L72967109 336 10,453 SH   SOLE 0 10,453 0 0
RITE AID CORP COM 767754104 38 30,000 SH   SOLE 0 30,000 0 0
RLJ LODGING TRUST CUM CONV PFD A 74965L200 370 14,237 SH   SOLE 0 14,237 0 0
SHOPIFY INC - CLASS A CL A 82509L107 592 3,600 SH   SOLE 0 3,600 0 0
JM SMUCKER CO/THE COM NEW 832696405 205 2,000 SH   SOLE 0 2,000 0 0
SPARTON CORP COM 847235108 144 10,000 SH   SOLE 0 10,000 0 0
S&P GLOBAL INC COM 78409V104 1,242 6,359 SH   SOLE 0 6,359 0 0
SPOTIFY TECHNOLOGY SA SHS 177876291 2,803 15,500 SH   SOLE 0 15,500 0 0
TRINET GROUP INC COM 896288107 360 6,400 SH   SOLE 0 6,400 0 0
TOLL BROTHERS INC COM 889478103 875 26,500 SH   SOLE 0 26,500 0 0
UNITED PARCEL SERVICE-CL B CL B 911312106 234 2,000 SH   SOLE 0 2,000 0 0
VICI PROPERTIES INC COM 925652109 772 35,700 SH   SOLE 0 35,700 0 0
WEATHERFORD INTERNATIONAL PL ORD SHS G48833100 108 40,000 SH   SOLE 0 40,000 0 0
YUM CHINA HOLDINGS INC COM 98850P109 1,124 32,000 SH   SOLE 0 32,000 0 0
BLUE APRON HOLDINGS INC-A CL A 09523Q101 112 65,200 SH   SOLE 0 65,200 0 0
STAGE STORES INC COM NEW 85254C305 53 27,000 SH   SOLE 0 27,000 0 0