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
ALLERGAN PLC SHS G0177J108 3,529 26,400 SH   SOLE 0 19,000 0 7,400
AMBAC FINANCIAL GROUP INC COM NEW 023139884 1,359 78,850 SH   SOLE 0 73,850 0 5,000
ABERCROMBIE & FITCH CO-CL A CL A 002896207 2,853 142,300 SH   SOLE 0 102,000 0 40,300
BANK OF AMERICA CORP COM 060505104 8,649 351,000 SH   SOLE 0 238,000 0 113,000
BED BATH & BEYOND INC COM 075896100 5,061 447,067 SH   SOLE 0 367,567 0 79,500
BAKER HUGHES A GE CO CL A 05722G100 237 11,000 SH   SOLE 0 4,000 0 7,000
BARNES & NOBLE INC COM 067774109 174 24,500 SH   SOLE 0 16,500 0 8,000
BEMIS COMPANY COM 081437105 5,287 115,186 SH   SOLE 0 74,686 0 40,500
BARNES & NOBLE EDUCATION INC COM 06777U101 1,127 280,927 SH   SOLE 0 196,750 0 84,177
BERKSHIRE HATHAWAY INC CL B 084670702 613 3,000 SH   SOLE 0 0 0 3,000
BORGWARNER INC COM 099724106 2,474 71,215 SH   SOLE 0 62,215 0 9,000
CITIGROUP INC COM NEW 172967424 19,689 378,200 SH   SOLE 0 223,200 0 155,000
AVID BIOSERVICES INC COM 05368M106 615 150,000 SH   SOLE 0 130,000 0 20,000
CHESAPEAKE ENERGY CORP COM 165167107 126 60,000 SH   SOLE 0 0 0 60,000
CHINA MOBILE LTD-SPON ADR SPONSORED ADR 16941M109 10,392 216,500 SH   SOLE 0 159,000 0 57,500
CHICO'S FAS INC COM 168615102 5,009 891,324 SH   SOLE 0 662,324 0 229,000
CHARTER COMMUNICATIONS INC-A CL A 16119P108 5,072 17,800 SH   SOLE 0 14,800 0 3,000
CIGNA CORP COM 125523100 2,887 15,200 SH   SOLE 0 11,000 0 4,200
COMCAST CORP-CLASS A CL A 20030N101 64,903 1,906,095 SH   SOLE 0 1,369,000 0 537,095
GLOBAL CORD BLOOD CORP SHS G39342103 1,638 253,964 SH   SOLE 0 202,980 0 50,984
CAMPING WORLD HOLDINGS INC-A CL A 13462K109 786 68,567 SH   SOLE 0 44,067 0 24,500
WALT DISNEY CO/THE COM DISNEY 254687106 7,511 68,500 SH   SOLE 0 40,000 0 28,500
ENCANA CORP COM 292505104 3,815 660,000 SH   SOLE 0 580,000 0 80,000
EXPRESS INC COM 30219E103 988 193,375 SH   SOLE 0 105,400 0 87,975
FACEBOOK INC-CLASS A CL A 30303M102 26,388 201,300 SH   SOLE 0 143,000 0 58,300
FITBIT INC - A CL A 33812L102 6,258 1,259,110 SH   SOLE 0 923,000 0 336,110
TWENTY-FIRST CENTURY FOX-A CL A 90130A101 5,871 122,000 SH   SOLE 0 109,000 0 13,000
GANNETT CO INC COM 36473H104 2,038 238,959 SH   SOLE 0 171,000 0 67,959
GILEAD SCIENCES INC COM 375558103 3,335 53,317 SH   SOLE 0 39,317 0 14,000
GENERAL MOTORS CO COM 37045V100 22,830 682,500 SH   SOLE 0 471,500 0 211,000
GNC HOLDINGS INC-CL A COM CL A 36191G107 101 42,500 SH   SOLE 0 19,000 0 23,500
GENWORTH FINANCIAL INC-CL A COM CL A 37247D106 624 133,938 SH   SOLE 0 79,938 0 54,000
GOLDMAN SACHS GROUP INC COM 38141G104 66,697 399,264 SH   SOLE 0 293,016 0 106,248
HAWAIIAN HOLDINGS INC COM 419879101 1,769 67,000 SH   SOLE 0 36,000 0 31,000
INDUSTRIAL LOGISTICS PROPERT COM SHS BEN INT 456237106 735 37,378 SH   SOLE 0 32,353 0 5,025
JPMORGAN CHASE & CO COM 46625H100 6,785 69,500 SH   SOLE 0 40,500 0 29,000
MBIA INC COM 55262C100 348 39,000 SH   SOLE 0 31,000 0 8,000
MCDERMOTT INTL INC COM 580037703 467 71,333 SH   SOLE 0 50,000 0 21,333
MACQUARIE INFRASTRUCTURE COR COM 55608B105 2,680 73,291 SH   SOLE 0 40,800 0 32,491
MICHAELS COS INC/THE COM 59408Q106 1,002 74,000 SH   SOLE 0 65,000 0 9,000
MORGAN STANLEY COM NEW 617446448 18,794 474,000 SH   SOLE 0 365,000 0 109,000
MANNATECH INC COM NEW 563771203 376 20,017 SH   SOLE 0 5,517 0 14,500
MICRON TECHNOLOGY INC COM 595112103 4,293 135,300 SH   SOLE 0 127,300 0 8,000
NETFLIX INC COM 64110L106 9,475 35,400 SH   SOLE 0 24,400 0 11,000
NEWS CORP - CLASS A CL A 65249B109 6,981 615,068 SH   SOLE 0 494,068 0 121,000
PANDORA MEDIA LLC COM 698354107 21,659 2,677,283 SH   SOLE 0 2,021,628 0 655,655
PARATEK PHARMACEUTICALS INC COM 699374302 445 86,722 SH   SOLE 0 70,284 0 16,438
PROSPECT CAPITAL CORP COM 74348T102 2,164 342,900 SH   SOLE 0 249,900 0 93,000
RED HAT INC COM 756577102 6,428 36,599 SH   SOLE 0 15,599 0 21,000
B. RILEY FINANCIAL INC COM 05580M108 618 43,522 SH   SOLE 0 39,022 0 4,500
ROKU INC COM CL A 77543R102 8,748 285,500 SH   SOLE 0 195,000 0 90,500
REVANCE THERAPEUTICS INC COM 761330109 1,141 56,672 SH   SOLE 0 42,200 0 14,472
STITCH FIX INC-CLASS A COM CL A 860897107 648 37,900 SH   SOLE 0 31,900 0 6,000
SHIRE PLC-ADR SPONSORED ADR 82481R106 58,866 338,233 SH   SOLE 0 223,000 0 115,233
SELECT INCOME REIT COM SH BEN INT 81618T100 587 77,762 SH   SOLE 0 67,762 0 10,000
SMART SAND INC COM 83191H107 478 215,132 SH   SOLE 0 141,132 0 74,000
SYNNEX CORP COM 87162W100 204 2,525 SH   SOLE 0 0 0 2,525
SPECTRUM PHARMACEUTICALS INC COM 84763A108 158 18,000 SH   SOLE 0 15,000 0 3,000
SUNPOWER CORP COM 867652406 1,002 201,701 SH   SOLE 0 161,701 0 40,000
SYNCHRONY FINANCIAL COM 87165B103 997 42,516 SH   SOLE 0 22,400 0 20,116
AT&T INC COM 00206R102 62,571 2,192,401 SH   SOLE 0 1,500,000 0 692,401
TELECOM ARGENTINA SA-SP ADR SPONSORED ADR 879273209 2,061 132,472 SH   SOLE 0 97,872 0 34,600
T-MOBILE US INC COM 872590104 70,823 1,113,398 SH   SOLE 0 794,894 0 318,504
TRIBUNE PUBLISHING CO COM 89609W107 3,705 326,703 SH   SOLE 0 257,557 0 69,146
TWITTER INC COM 90184L102 1,753 61,000 SH   SOLE 0 53,000 0 8,000
US CELLULAR CORP COM 911684108 2,074 39,900 SH   SOLE 0 28,900 0 11,000
UNITED TECHNOLOGIES CORP COM 913017109 439 4,127 SH   SOLE 0 0 0 4,127
VIACOM INC-CLASS B CL B 92553P201 1,010 39,297 SH   SOLE 0 22,000 0 17,297
VERIZON COMMUNICATIONS INC COM 92343V104 32,792 583,286 SH   SOLE 0 442,990 0 140,296
WELLS FARGO & CO COM 949746101 15,667 340,000 SH   SOLE 0 241,000 0 99,000
WIDEOPENWEST INC COM 96758W101 2,551 357,750 SH   SOLE 0 295,650 0 62,100
MESABI TRUST CTF BEN INT 590672101 516 21,779 SH   SOLE 0 19,895 0 1,884
CVS HEALTH CORP COM 126650100 4,446 67,850 SH   SOLE 0 61,850 0 6,000
OAKTREE CAPITAL GROUP LLC UNIT CL A 674001201 566 14,233 SH   SOLE 0 8,933 0 5,300
BANK OF NEW YORK MELLON CORP COM 064058100 2,118 45,000 SH   SOLE 0 36,000 0 9,000
GAIN CAPITAL HOLDINGS INC COM 36268W100 213 34,500 SH   SOLE 0 30,500 0 4,000
GAMESTOP CORP-CLASS A CL A 36467W109 442 35,000 SH   SOLE 0 30,000 0 5,000
KKR & CO INC -A COM UNITS 48251W104 287 14,620 SH   SOLE 0 0 0 14,620
RTW RETAILWINDS INC COM 74980D100 100 35,500 SH   SOLE 0 23,500 0 12,000
VODAFONE GROUP PLC-SP ADR SPONSORED ADR 92857W308 1,215 63,000 SH   SOLE 0 58,000 0 5,000
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 181 50,500 SH   SOLE 0 0 0 50,500
GENOCEA BIOSCIENCES INC COM 372427104 5 16,000 SH   SOLE 0 0 0 16,000
INTREPID POTASH INC COM 46121Y102 47 18,000 SH   SOLE 0 0 0 18,000
MYLAN NV COM N59465109 1,332 48,600 SH   SOLE 0 34,600 0 14,000
INTERACTIVE BROKERS GRO-CL A COM 45841N107 5,513 100,873 SH   SOLE 0 70,000 0 30,873
LEE ENTERPRISES COM 523768109 663 314,112 SH   SOLE 0 99,128 0 214,984
AMERICA MOVIL-SPN ADR CL L SPON ADR L SHS 02364W105 3,794 266,247 SH   SOLE 0 230,247 0 36,000
CLEVELAND-CLIFFS INC COM 185899101 1,563 203,226 SH   SOLE 0 179,226 0 24,000
NUVEEN PREFERRED & INCOME SE COM 67072C105 83 10,000 SH   SOLE 0 0 0 10,000
GAMING AND LEISURE PROPERTIE COM 36467J108 3,659 113,260 SH   SOLE 0 53,700 0 59,560
MONEYGRAM INTERNATIONAL INC COM NEW 60935Y208 75 37,614 SH   SOLE 0 0 0 37,614
BLACKBERRY LTD COM 09228F103 2,489 350,000 SH   SOLE 0 278,000 0 72,000
OFFICE DEPOT INC COM 676220106 302 117,000 SH   SOLE 0 26,000 0 91,000
OCH-ZIFF CAPITAL MANAGEMEN-A CL A 67551U204 1,818 1,976,338 SH   SOLE 0 1,610,314 0 366,024
ACTIVISION BLIZZARD INC COM 00507V109 373 8,000 SH   SOLE 0 5,000 0 3,000
COHU INC COM 192576106 1,216 75,680 SH   SOLE 0 69,680 0 6,000
LOMA NEGRA CIA IND-SPON ADR SPONSORED ADS 54150E104 833 74,887 SH   SOLE 0 69,887 0 5,000
GRAHAM HOLDINGS CO-CLASS B COM 384637104 320 500 SH   SOLE 0 0 0 500
INTL BUSINESS MACHINES CORP COM 459200101 2,251 19,800 SH   SOLE 0 16,800 0 3,000
KELLOGG CO COM 487836108 855 15,000 SH   SOLE 0 11,000 0 4,000
APOLLO GLOBAL MANAGEMENT - A CL A SHS 037612306 344 14,000 SH   SOLE 0 0 0 14,000
J.C. PENNEY CO INC COM 708160106 43 40,900 SH   SOLE 0 24,900 0 16,000
NEW YORK TIMES CO-A CL A 650111107 1,906 85,500 SH   SOLE 0 50,000 0 35,500
PITNEY BOWES INC COM 724479100 656 111,074 SH   SOLE 0 74,074 0 37,000
EMMIS COMMUNICATIONS-CLASS A CL A 291525400 471 147,512 SH   SOLE 0 66,464 0 81,048
APPLE INC COM 037833100 2,129 13,500 SH   SOLE 0 13,500 0 0
ASSURED GUARANTY LTD COM G0585R106 421 11,000 SH   SOLE 0 11,000 0 0
ADVANCED MICRO DEVICES COM 007903107 1,089 59,000 SH   SOLE 0 59,000 0 0
AMERICAN SUPERCONDUCTOR CORP SHS NEW 030111207 183 16,400 SH   SOLE 0 16,400 0 0
ANADARKO PETROLEUM CORP COM 032511107 526 12,000 SH   SOLE 0 12,000 0 0
ASCENA RETAIL GROUP INC COM 04351G101 75 29,694 SH   SOLE 0 29,694 0 0
ATLANTIC POWER CORP COM NEW 04878Q863 154 71,100 SH   SOLE 0 71,100 0 0
ALTICE USA INC- A CL A 02156K103 562 34,000 SH   SOLE 0 34,000 0 0
BRIGHTHOUSE FINANCIAL INC COM 10922N103 238 7,800 SH   SOLE 0 7,800 0 0
BLACKROCK INC COM 09247X101 393 1,000 SH   SOLE 0 1,000 0 0
BT GROUP PLC-SPON ADR ADR 05577E101 182 12,000 SH   SOLE 0 12,000 0 0
BABCOCK & WILCOX ENTERPR COM 05614L100 68 175,000 SH   SOLE 0 175,000 0 0
BLACKSTONE GROUP LP/THE COM UNIT LTD 09253U108 1,446 48,500 SH   SOLE 0 48,500 0 0
CIT GROUP INC COM 125581801 1,042 27,223 SH   SOLE 0 27,223 0 0
MR COOPER GROUP INC COM 62482R107 722 61,827 SH   SOLE 0 61,827 0 0
CRH PLC-SPONSORED ADR ADR 12626K203 211 8,000 SH   SOLE 0 8,000 0 0
CREDIT SUISSE GROUP-SPON ADR SPONSORED ADR 225401108 478 44,000 SH   SOLE 0 44,000 0 0
CANADIAN SOLAR INC COM 136635109 172 12,000 SH   SOLE 0 12,000 0 0
CAESARS ENTERTAINMENT CORP COM 127686103 611 90,000 SH   SOLE 0 90,000 0 0
DISCOVERY INC-C COM SER B 25470F302 454 19,684 SH   SOLE 0 19,684 0 0
ELECTRONIC ARTS INC COM 285512109 789 10,000 SH   SOLE 0 10,000 0 0
ENERGY RECOVERY INC COM 29270J100 101 15,000 SH   SOLE 0 15,000 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 702 16,000 SH   SOLE 0 16,000 0 0
FIAT CHRYSLER AUTOMOBILES NV SHS N31738102 925 64,000 SH   SOLE 0 64,000 0 0
GENERAL ELECTRIC CO COM 369604103 136 18,000 SH   SOLE 0 18,000 0 0
GENERAL MILLS INC COM 370334104 312 8,000 SH   SOLE 0 8,000 0 0
GRANITE POINT MORTGAGE TRUST COM 38741L107 245 13,611 SH   SOLE 0 13,611 0 0
GROUPON INC COM 399473107 41 12,659 SH   SOLE 0 12,659 0 0
HCI GROUP INC COM 40416E103 752 14,800 SH   SOLE 0 14,800 0 0
INFRAREIT INC COM 45685L100 252 12,000 SH   SOLE 0 12,000 0 0
HERITAGE INSURANCE HOLDINGS COM 42727J102 147 10,000 SH   SOLE 0 10,000 0 0
JETBLUE AIRWAYS CORP COM 477143101 2,987 186,000 SH   SOLE 0 186,000 0 0
NORDSTROM INC COM 655664100 1,891 40,569 SH   SOLE 0 40,569 0 0
LENNAR CORP-A CL A 526057104 470 12,000 SH   SOLE 0 12,000 0 0
LIBERTY LATIN AMERIC-CL A COM CL A G9001E102 595 41,118 SH   SOLE 0 41,118 0 0
SOUTHWEST AIRLINES CO COM 844741108 442 9,500 SH   SOLE 0 9,500 0 0
MACY'S INC COM 55616P104 1,638 55,000 SH   SOLE 0 55,000 0 0
MOODY'S CORP COM 615369105 294 2,100 SH   SOLE 0 2,100 0 0
MICROSOFT CORP COM 594918104 203 2,000 SH   SOLE 0 2,000 0 0
MADISON SQUARE GARDEN CO- A CL A 55825T103 3,145 11,750 SH   SOLE 0 11,750 0 0
MAXWELL TECHNOLOGIES INC COM 577767106 201 97,250 SH   SOLE 0 97,250 0 0
INVITAE CORP COM 46185L103 153 13,796 SH   SOLE 0 13,796 0 0
ORION ENGINEERED CARBONS SA COM L72967109 264 10,453 SH   SOLE 0 10,453 0 0
UNIVERSAL DISPLAY CORP COM 91347P105 234 2,500 SH   SOLE 0 2,500 0 0
P G & E CORP COM 69331C108 238 10,000 SH   SOLE 0 10,000 0 0
QUALCOMM INC COM 747525103 569 10,000 SH   SOLE 0 10,000 0 0
ROYAL BANK OF SCOT-SPON ADR SPONS ADR 2 ORD 780097689 280 50,000 SH   SOLE 0 50,000 0 0
RAFAEL HOLDINGS INC-CLASS B COM CL B 75062E106 438 55,182 SH   SOLE 0 55,182 0 0
RLJ LODGING TRUST CUM CONV PFD A 74965L200 353 14,237 SH   SOLE 0 14,237 0 0
RMR GROUP INC/THE - A CL A 74967R106 415 7,819 SH   SOLE 0 7,819 0 0
S&P GLOBAL INC COM 78409V104 1,421 8,359 SH   SOLE 0 8,359 0 0
SPOTIFY TECHNOLOGY SA SHS 177876291 227 2,000 SH   SOLE 0 2,000 0 0
STAGE STORES INC COM NEW 85254C305 20 27,000 SH   SOLE 0 27,000 0 0
SEAGATE TECHNOLOGY SHS G7945M107 270 7,000 SH   SOLE 0 7,000 0 0
MOLSON COORS BREWING CO -B CL B 60871R209 915 16,298 SH   SOLE 0 16,298 0 0
TRINET GROUP INC COM 896288107 268 6,400 SH   SOLE 0 6,400 0 0
TOLL BROTHERS INC COM 889478103 1,070 32,500 SH   SOLE 0 32,500 0 0
TUESDAY MORNING CORP COM NEW 899035505 18 10,859 SH   SOLE 0 10,859 0 0
UBS GROUP AG-REG SHS H42097107 173 14,000 SH   SOLE 0 14,000 0 0
WILDHORSE RESOURCE DEVELOPME COM 96812T102 268 19,000 SH   SOLE 0 19,000 0 0
ZAYO GROUP HOLDINGS INC COM 98919V105 1,660 72,672 SH   SOLE 0 72,672 0 0
BLUE APRON HOLDINGS INC-A CL A 09523Q101 67 65,200 SH   SOLE 0 65,200 0 0
22ND CENTURY GROUP INC COM 90137F103 171 68,782 SH   SOLE 0 68,782 0 0