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
1847 GOEDEKER INC W EXP 99/99/999 28252C117 81 37,752 SH   DFND   37,752 0 0
3M CO COM 88579Y101 311 1,563 SH   DFND   1,563 0 0
A T & T INC COM 00206R102 323 11,225 SH   DFND   11,225 0 0
ABB LTD SPONSORED ADR 000375204 1,080 31,787 SH   DFND   31,787 0 0
ABBOTT LABS COM 002824100 1,781 15,366 SH   DFND   15,366 0 0
ABBVIE INC COM 00287Y109 3,274 29,068 SH   DFND   29,068 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 264 897 SH   DFND   897 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 542 2,389 SH   DFND   2,389 0 0
ALICO INC COM 016230104 740 20,800 SH   DFND   20,800 0 0
ALKERMES PLC COM G01767105 539 22,000 SH   DFND   22,000 0 0
ALLEGHANY CORP DEL COM 017175100 8,687 13,023 SH   DFND   13,023 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 509 3,000 SH   DFND   3,000 0 0
ALPHABET INC CL A 02079K305 7,278 2,981 SH   DFND   2,981 0 0
ALPHABET INC CL C 02079K107 7,142 2,850 SH   DFND   2,850 0 0
ALTRIA GROUP INC COM 02209S103 2,013 42,214 SH   DFND   42,214 0 0
AMC NETWORKS INC CL A 00164V103 10,570 158,230 SH   DFND   158,230 0 0
AMERICAN TOWER REIT COM 03027X100 387 1,431 SH   DFND   1,431 0 0
AMGEN INC COM 031162100 1,070 4,389 SH   DFND   4,389 0 0
ANALOG DEVICES INC COM 032654105 818 4,750 SH   DFND   4,750 0 0
ANNALY CAP MGMT INC COM 035710409 183 20,592 SH   DFND   20,592 0 0
APPLE INC COM 037833100 1,940 14,168 SH   DFND   14,168 0 0
APYX MED CORP COM COM 03837C106 6,341 615,000 SH   DFND   615,000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 38,907 642,032 SH   DFND   642,032 0 0
ARENA PHARMACEUTICALS INC COM NEW 040047607 307 4,500 SH   DFND   4,500 0 0
ASSOCIATED CAP GROUP INC CL A 045528106 49,125 1,264,143 SH   DFND   1,264,143 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 914 15,263 SH   DFND   15,263 0 0
AUTONATION INC COM 05329W102 37,486 395,383 SH   DFND   395,383 0 0
BALCHEM CORP COM 057665200 3,539 26,959 SH   DFND   26,959 0 0
BANCO SANTANDER S.A. ADR 05964H105 165 42,079 SH   DFND   42,079 0 0
BANK AMER CORP COM 060505104 1,370 33,226 SH   DFND   33,226 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 369 7,194 SH   DFND   7,194 0 0
BAXTER INTL INC COM 071813109 584 7,258 SH   DFND   7,258 0 0
BEL FUSE INC CL B 077347300 417 28,988 SH   DFND   28,988 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,605 11 SH   DFND   11 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 16,893 60,785 SH   DFND   60,785 0 0
BGC PARTNERS INC CL A 05541T101 10,550 1,860,713 SH   DFND   1,860,713 0 0
BHP GROUP LTD SPONSORED ADS 088606108 242 3,321 SH   DFND   3,321 0 0
BIOGEN INC COM 09062X103 1,342 3,875 SH   DFND   3,875 0 0
BLACK KNIGHT INC COM 09215C105 931 11,938 SH   DFND   11,938 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 2,265 210,697 SH   DFND   210,697 0 0
BLACKROCK CREDIT ALL INC TR COM 092508100 695 44,576 SH   DFND   44,576 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 786 59,300 SH   DFND   59,300 0 0
BLACKROCK FLOATING RATE INCOME COM 091941104 163 12,678 SH   DFND   12,678 0 0
BLACKROCK MUN 2030 TAR TERM COM SHS BEN IN 09257P105 578 22,050 SH   DFND   22,050 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 166 10,515 SH   DFND   10,515 0 0
BLACKROCK MUNI INTER DR FD I COM 09253X102 1,165 74,496 SH   DFND   74,496 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 283 18,053 SH   DFND   18,053 0 0
BLACKROCK MUNIHLDGS INVESTMENT QUALITY FUND COM 09254P108 602 40,758 SH   DFND   40,758 0 0
BLACKROCK MUNIHLDGS QUALITY FUND II INC COM 09254C107 1,441 102,863 SH   DFND   102,863 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 2,252 134,194 SH   DFND   134,194 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 447 46,440 SH   DFND   46,440 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 931 62,691 SH   DFND   62,691 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254G108 468 32,280 SH   DFND   32,280 0 0
BLACKROCK N Y MUN INCOME TR SH BEN INT 09248L106 323 21,411 SH   DFND   21,411 0 0
BLACKSTONE GROUP INC COM CL A 09260D107 653 6,725 SH   DFND   6,725 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 396 12,405 SH   DFND   12,405 0 0
BOEING CO COM 097023105 19,234 80,289 SH   DFND   80,289 0 0
BRIGHAM MINERALS INC CL A COM 10918L103 23,983 1,126,501 SH   DFND   1,126,501 0 0
BRISTOL MYERS SQUIBBCO COM 110122108 3,188 47,709 SH   DFND   47,709 0 0
BROADRIDGE FINL SOLUTIONS INC COM 11133T103 737 4,564 SH   DFND   4,564 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 100,733 1,975,935 SH   DFND   1,975,935 0 0
BROOKFIELD ASSET MGMT REINS CL A EXCH LT VTG G16169107 688 13,230 SH   DFND   13,230 0 0
BROOKFIELD BUSINESS PARTNERS UNIT LTD L P G16234109 232 5,025 SH   DFND   5,025 0 0
BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A 11275Q107 385 5,103 SH   DFND   5,103 0 0
BROOKFIELD INFRASTRUCTURE PARTNERS LP LP INT UNIT G16252101 2,174 39,130 SH   DFND   39,130 0 0
BROOKFIELD PPTY PARTNERS L P UNIT LTD PARTN G16249107 352 18,563 SH   DFND   18,563 0 0
BROOKFIELD REAL ASSETS INCOME FUND SHS BEN INT 112830104 417 19,025 SH   DFND   19,025 0 0
CACI INTL INC CL A 127190304 114,080 447,162 SH   DFND   447,162 0 0
CAPITAL SOUTHWEST CORP COM 140501107 395 17,000 SH   DFND   17,000 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 274 10,394 SH   DFND   10,394 0 0
CATCHMARK TIMBER TR INC CL A 14912Y202 5,511 471,019 SH   DFND   471,019 0 0
CATERPILLAR INC COM 149123101 1,509 6,933 SH   DFND   6,933 0 0
CBOE GLOBAL MARKETS INC COM 12503M108 51,884 435,819 SH   DFND   435,819 0 0
CBRE GROUP INC CL A 12504L109 18,361 214,176 SH   DFND   214,176 0 0
CENTERPOINT ENERGY INC COM 15189T107 379 15,472 SH   DFND   15,472 0 0
CHARLES RIV LABS INTL INC COM 159864107 72,783 196,754 SH   DFND   196,754 0 0
CHENIERE ENERGY INC COM NEW 16411R208 44,954 518,267 SH   DFND   518,267 0 0
CHENIERE ENERGY INC NOTE 4.250% 3/1 16411RAG4 30,727 36,483,500 PRN   DFND   36,483,500 0 0
CHEVRON CORP COM 166764100 1,725 16,472 SH   DFND   16,472 0 0
CISCO SYSTEMS INC COM 17275R102 2,051 38,707 SH   DFND   38,707 0 0
CIVEO CORP CDA COM NEW 17878Y207 61,551 3,457,916 SH   DFND   3,457,916 0 0
CLEARBRIDGE MLP AND MIDSTRM FD COM 184692200 205 7,003 SH   DFND   7,003 0 0
CLEARBRIDGE MLP AND MIDSTRM TR COM 18469Q207 249 9,814 SH   DFND   9,814 0 0
CME GROUP INC COM 12572Q105 42,561 200,116 SH   DFND   200,116 0 0
CMS ENERGY CORP COM 125896100 897 15,175 SH   DFND   15,175 0 0
COHEN & STEERS INC COM 19247A100 14,644 178,388 SH   DFND   178,388 0 0
COHEN & STEERS QUALITY RLTY COM 19247L106 852 54,233 SH   DFND   54,233 0 0
COINBASE GLOBAL INC COM CL A 19260Q107 266 1,050 SH   DFND   1,050 0 0
COLFAX CORP COM 194014106 5,056 110,361 SH   DFND   110,361 0 0
COLGATE PALMOLIVE CO COM 194162103 242 2,978 SH   DFND   2,978 0 0
COMCAST CORP NEW CL A 20030N101 429 7,532 SH   DFND   7,532 0 0
COSTAMARE INC SHS Y1771G102 2,707 229,237 SH   DFND   229,237 0 0
CRISPR THERAPEUTICS AG NAMEN AKT H17182108 992 6,125 SH   DFND   6,125 0 0
CROWN CASTLE INTL CORP NEW COM 22822V101 211 1,084 SH   DFND   1,084 0 0
CSW INDUSTRIALS INC COM 126402106 1,327 11,200 SH   DFND   11,200 0 0
CSX CORP COM 126408103 219 6,834 SH   DFND   6,834 0 0
CVS HEALTH CORP COM 126650100 1,172 14,040 SH   DFND   14,040 0 0
DANAHER CORP COM 235851102 2,850 10,619 SH   DFND   10,619 0 0
DEERE & CO COM 244199105 279 790 SH   DFND   790 0 0
DISCOVERY INC COM SER A 25470F104 3,923 127,861 SH   DFND   127,861 0 0
DISCOVERY INC COM SER C 25470F302 2,039 70,365 SH   DFND   70,365 0 0
DISH NETWORK CORP CL A 25470M109 1,863 44,565 SH   DFND   44,565 0 0
DISNEY WALT CO DISNEY COM DISNEY 254687106 1,083 6,160 SH   DFND   6,160 0 0
DNP SELECT INCOME FD COM 23325P104 137 13,113 SH   DFND   13,113 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 17,732 1,052,357 SH   DFND   1,052,357 0 0
DORMAN PRODUCTS INC COM 258278100 2,119 20,436 SH   DFND   20,436 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 4,185 231,328 SH   DFND   231,328 0 0
DOUBLELINE OPPORTUNISTIC CR COM 258623107 5,292 263,800 SH   DFND   263,800 0 0
DOW INC COM 260557103 263 4,160 SH   DFND   4,160 0 0
EATON VANCE LTD DUR INCOME F COM 27828H105 179 13,486 SH   DFND   13,486 0 0
EATON VANCE MUN BD FD COM 27827X101 287 20,955 SH   DFND   20,955 0 0
EATON VANCE NY MUN BD FD COM 27827Y109 320 24,865 SH   DFND   24,865 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 283 20,001 SH   DFND   20,001 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 148 21,764 SH   DFND   21,764 0 0
EBAY INC COM 278642103 12,754 181,655 SH   DFND   181,655 0 0
ECHOSTAR CORP CL A 278768106 3,557 146,422 SH   DFND   146,422 0 0
EDITAS MEDICINE INC COM 28106W103 453 8,000 SH   DFND   8,000 0 0
ELI LILLY AND COMPANY COM 532457108 1,925 8,386 SH   DFND   8,386 0 0
EMERSON ELEC CO COM 291011104 1,617 16,806 SH   DFND   16,806 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 2,462 231,566 SH   DFND   231,566 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 3,194 132,385 SH   DFND   132,385 0 0
EOG RES INC COM 26875P101 316 3,782 SH   DFND   3,782 0 0
EQUITY COMMONWEALTH COM SH BEN INT 294628102 1,789 68,277 SH   DFND   68,277 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 16,124 216,989 SH   DFND   216,989 0 0
EXPEDIA GROUP INC COM NEW 30212P303 1,659 10,133 SH   DFND   10,133 0 0
EXXON MOBIL CORP COM 30231G102 3,177 50,372 SH   DFND   50,372 0 0
FEDERATED HERMES INC CL B 314211103 1,252 36,932 SH   DFND   36,932 0 0
FEDERATED HERMES PREM MUN INC FD COM 31423P108 652 41,657 SH   DFND   41,657 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP FNF GROUP COM 31620R303 1,905 43,836 SH   DFND   43,836 0 0
FIDELITY NATL INFORMATION SVC COM 31620M106 553 3,905 SH   DFND   3,905 0 0
FORTIVE CORP COM 34959J108 253 3,634 SH   DFND   3,634 0 0
FRANCO NEVADA CORP COM 351858105 134,006 923,734 SH   DFND   923,734 0 0
FREEPORT MCMORAN INC CL B 35671D857 4,342 117,003 SH   DFND   117,003 0 0
GALECTIN THERAPEUTICS INC COM NEW 363225202 77 24,000 SH   DFND   24,000 0 0
GALLAGHER ARTHUR J & CO COM 363576109 487 3,479 SH   DFND   3,479 0 0
GAMCO INVESTORS INC CL A COM 361438104 8,901 354,634 SH   DFND   354,634 0 0
GANNETT CO INC NEW COM 36472T109 55 10,075 SH   DFND   10,075 0 0
GENERAL ELECTRIC CO COM 369604103 849 63,095 SH   DFND   63,095 0 0
GENERAL MLS INC COM 370334104 238 3,900 SH   DFND   3,900 0 0
GENERAL MTRS CO COM 37045V100 1,646 27,825 SH   DFND   27,825 0 0
GENUINE PARTS CO COM 372460105 304 2,400 SH   DFND   2,400 0 0
GILEAD SCIENCES INC COM 375558103 759 11,017 SH   DFND   11,017 0 0
GLADSTONE LD CORP COM 376549101 699 29,068 SH   DFND   29,068 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 665 16,700 SH   DFND   16,700 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 472 1,243 SH   DFND   1,243 0 0
GRAHAM HLDGS CO COM 384637104 647 1,021 SH   DFND   1,021 0 0
GREENBRIER COS INC COM 393657101 309 7,100 SH   DFND   7,100 0 0
GREENLANE HLDGS INC CL A 395330103 45 10,000 SH   DFND   10,000 0 0
HONEYWELL INTL INC COM 438516106 1,334 6,080 SH   DFND   6,080 0 0
LISTED FD TR HORIZON KINETICS 53656F623 1,972 65,638 SH   DFND   65,638 0 0
HOWARD HUGHES CORP COM 44267D107 76,828 788,306 SH   DFND   788,306 0 0
IAA INC COM 449253103 9,296 170,450 SH   DFND   170,450 0 0
IAC INTERACTIVECORP NEW COM NEW 44891N208 4,013 26,029 SH   DFND   26,029 0 0
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101 32,064 583,088 SH   DFND   583,088 0 0
IHS MARKIT LTD SHS G47567105 22,757 201,999 SH   DFND   201,999 0 0
INTEL CORP COM 458140100 501 8,919 SH   DFND   8,919 0 0
INTELLIA THERAPEUTICS INC COM 45826J105 1,619 10,000 SH   DFND   10,000 0 0
INTER PARFUMS INC COM 458334109 13,699 190,263 SH   DFND   190,263 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104 95,097 801,157 SH   DFND   801,157 0 0
INTL FLAVORS & FRAGRANCES COM 459506101 456 3,050 SH   DFND   3,050 0 0
INVESCO CURRENCYSHARES AUSTRALIAN DOL 46090N103 319 4,280 SH   DFND   4,280 0 0
INVESCO CURRENCYSHARES CDN DLR SHS 46138T104 264 3,330 SH   DFND   3,330 0 0
INVESCO INSURED MUNICIPAL INCOME TRUST COM 46132P108 596 36,163 SH   DFND   36,163 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 784 58,055 SH   DFND   58,055 0 0
INVESCO S&P 500 EQL WGT ETF S&P500 EQL WGT 46137V357 620 4,113 SH   DFND   4,113 0 0
INVESCO VAN KAMPEN SENIOR INCOME TRUST COM 46131H107 52 11,613 SH   DFND   11,613 0 0
INVESCO TR INVT GRADE NEW YO COM 46131T101 145 10,414 SH   DFND   10,414 0 0
IONIS PHARMACEUTICALS INC COM 462222100 319 8,000 SH   DFND   8,000 0 0
IRON MTN INC NEW COM 46284V101 1,128 26,658 SH   DFND   26,658 0 0
ISHARES TR ISHS 1-5YR INVS 464288646 2,960 54,000 SH   DFND   54,000 0 0
ISHARES GOLD TR ISHARES NEW 464285204 422 12,524 SH   DFND   12,524 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 892 36,835 SH   DFND   36,835 0 0
ISHARES TR SHORT TREAS BD 464288679 887 8,030 SH   DFND   8,030 0 0
ISHARES TR GL TIMB FORE ETF 464288174 1,434 16,521 SH   DFND   16,521 0 0
ISHARES TR MICRO-CAP ETF 464288869 346 2,269 SH   DFND   2,269 0 0
JOHNSON & JOHNSON COM 478160104 3,059 18,571 SH   DFND   18,571 0 0
JP MORGAN CHASE & CO COM 46625H100 449 2,884 SH   DFND   2,884 0 0
JP MORGAN EXCHANGE TRADED FD ULTRA SHRT INC 46641Q837 891 17,556 SH   DFND   17,556 0 0
KAR AUCTION SVCS INC COM 48238T109 2,325 132,454 SH   DFND   132,454 0 0
KAYNE ANDERSON ENERGY INFRSTR COM 486606106 335 37,630 SH   DFND   37,630 0 0
KAYNE ANDERSON NEXTGEN ENERGY COM 48661E108 234 30,880 SH   DFND   30,880 0 0
KIMBELL RTY PARTNERS LP UNIT 49435R102 1,116 86,852 SH   DFND   86,852 0 0
KIMBERLY CLARK CORP COM 494368103 447 3,341 SH   DFND   3,341 0 0
KKR & CO INC COM 48251W104 300 5,058 SH   DFND   5,058 0 0
KLA-TENCOR CORP COM NEW 482480100 1,707 5,265 SH   DFND   5,265 0 0
KRAFT HEINZ COMPANY COM 500754106 338 8,296 SH   DFND   8,296 0 0
L3 HARRIS TECHNOLOGIES INC COM 502431109 2,040 9,438 SH   DFND   9,438 0 0
LAS VEGAS SANDS CORP COM 517834107 4,189 79,507 SH   DFND   79,507 0 0
LENDINGTREE INC NEW COM 52603B107 1,744 8,233 SH   DFND   8,233 0 0
LENNAR CORP CL A 526057104 456 4,585 SH   DFND   4,585 0 0
LIBERTY MEDIA CORP DEL COM A BRAVES GRP 531229706 945 33,504 SH   DFND   33,504 0 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888 1,450 52,197 SH   DFND   52,197 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 8,787 52,248 SH   DFND   52,248 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 44,549 256,532 SH   DFND   256,532 0 0
LIBERTY MEDIA CORP DEL COM SER A FRMLA 531229870 7,281 170,803 SH   DFND   170,803 0 0
LIBERTY MEDIA CORP DEL COM SER C FRMLA 531229854 10,774 223,482 SH   DFND   223,482 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 234 16,578 SH   DFND   16,578 0 0
LIBERTY MEDIA CORP DEL COM C SIRIUSXM 531229607 39,849 859,008 SH   DFND   859,008 0 0
LIBERTY MEDIA CORP DEL COM A SIRIUSXM 531229409 19,189 411,951 SH   DFND   411,951 0 0
LINDE PLC COM G5494J103 460 1,591 SH   DFND   1,591 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 3,686 201,397 SH   DFND   201,397 0 0
LIVE NATION ENTERTAINMENT INC COM 538034109 56,069 640,126 SH   DFND   640,126 0 0
LOEWS CORP COM 540424108 380 6,956 SH   DFND   6,956 0 0
M & T BK CORP COM 55261F104 225 1,550 SH   DFND   1,550 0 0
MADISON SQUARE GARDEN SPORTS CP CL A 55825T103 6,798 39,394 SH   DFND   39,394 0 0
MADISON SQUARE GRDN ENTERTNM CL A 55826T102 3,254 38,756 SH   DFND   38,756 0 0
MANTECH INTL CORP CL A 564563104 2,164 25,000 SH   DFND   25,000 0 0
MARATHON PETE CORP COM 56585A102 436 7,220 SH   DFND   7,220 0 0
MARKEL CORP COM 570535104 5,339 4,499 SH   DFND   4,499 0 0
MARKETAXESS HLDGS INC COM 57060D108 2,389 5,154 SH   DFND   5,154 0 0
MARSH & MCLENNAN COS INC COM 571748102 19,857 141,152 SH   DFND   141,152 0 0
MASTERCARD INC CL A 57636Q104 14,990 41,059 SH   DFND   41,059 0 0
MATCH GROUP INC NEW COM 57667L107 839 5,206 SH   DFND   5,206 0 0
MAVERIX METALS INC COM NEW 57776F405 414 76,778 SH   DFND   76,778 0 0
MCDONALDS CORP COM 580135101 973 4,214 SH   DFND   4,214 0 0
MERCK & COMPANY COM 58933Y105 2,781 35,753 SH   DFND   35,753 0 0
MESABI TR CTF BEN INT 590672101 67,970 1,920,070 SH   DFND   1,920,070 0 0
MFS HIGH INCOME MUN TR SH BEN INT 59318D104 2,580 488,614 SH   DFND   488,614 0 0
MICROSOFT COM 594918104 2,409 8,893 SH   DFND   8,893 0 0
MICROSTRATEGY INC CL A NEW 594972408 8,236 12,394 SH   DFND   12,394 0 0
MONDELEZ INTL INC CL A 609207105 1,315 21,065 SH   DFND   21,065 0 0
MOVADO GROUP INC COM 624580106 940 29,880 SH   DFND   29,880 0 0
MSG NETWORK INC CL A 553573106 1,307 89,653 SH   DFND   89,653 0 0
NASDAQ INC COM 631103108 7,106 40,418 SH   DFND   40,418 0 0
NAVIGATOR HOLDINGS LTD SHS Y62132108 7,203 657,848 SH   DFND   657,848 0 0
NEUBERGER BERMAN MUNI FD INC COM 64124P101 572 35,562 SH   DFND   35,562 0 0
NEUBERGER BERMAN NY MUN FD INC COM 64124K102 394 29,549 SH   DFND   29,549 0 0
NEWELL BRANDS INC COM 651229106 288 10,488 SH   DFND   10,488 0 0
NEWMONT CORP COM 651639106 1,673 26,399 SH   DFND   26,399 0 0
NEXTERA ENERGY INC COM 65339F101 221 3,020 SH   DFND   3,020 0 0
NORFOLK SOUTHN CORP COM 655844108 1,276 4,806 SH   DFND   4,806 0 0
NOVARTIS AG SPONSORED ADR 66987V109 1,944 21,310 SH   DFND   21,310 0 0
NOVO-NORDISK A S ADR 670100205 648 7,740 SH   DFND   7,740 0 0
NUCANA PLC SPONSORED ADR 67022C106 54 19,467 SH   DFND   19,467 0 0
NUTRIEN LTD COM 67077M108 13,700 226,033 SH   DFND   226,033 0 0
NUVEEN AMT-FREE QLTY MUN INCOME COM 670657105 8,359 532,395 SH   DFND   532,395 0 0
NUVEEN DIV QLTY MUNI FD 3 COM SH BEN INT 67070X101 1,119 65,021 SH   DFND   65,021 0 0
NUVEEN DIVID AMT FREE MUNI CRED INC FD COM 67071L106 378 21,176 SH   DFND   21,176 0 0
NUVEEN FLTNG RTE INCM OPP FD COM SHS 6706EN100 577 59,169 SH   DFND   59,169 0 0
NUVEEN INT DUR QUAL MUN TRM COM 670677103 317 21,130 SH   DFND   21,130 0 0
NUVEEN INTER DURATION MN TMF COM 670671106 1,073 71,660 SH   DFND   71,660 0 0
NUVEEN MUN HIGH INC OPP FD COM 670682103 186 12,099 SH   DFND   12,099 0 0
NUVEEN MUN VALUE FD INC COM 670928100 152 13,198 SH   DFND   13,198 0 0
NUVEEN NY AMT FREE QLTY MUN INC FD COM 670656107 1,401 98,746 SH   DFND   98,746 0 0
NUVEEN NY QLTY INCOME FD COM 67066X107 754 50,071 SH   DFND   50,071 0 0
NUVEEN PREFERRED & INCOME SECURITIES FD COM 67072C105 220 22,113 SH   DFND   22,113 0 0
NUVEEN QUALITY MUNI INC FD COM 67066V101 2,726 170,276 SH   DFND   170,276 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 236 21,500 SH   DFND   21,500 0 0
NUVEEN SR INCOME FD COM 67067Y104 622 105,209 SH   DFND   105,209 0 0
NUVEEN TAXABLE MUNICIPAL INC FUND COM 67074C103 3,246 138,738 SH   DFND   138,738 0 0
NVIDIA CORP COM 67066G104 352 1,760 SH   DFND   1,760 0 0
OSHKOSH CORP COM 688239201 20,903 167,705 SH   DFND   167,705 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 16,620 1,213,144 SH   DFND   1,213,144 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 420 12,000 SH   DFND   12,000 0 0
PATTERSON UTI ENERGY INC COM 703481101 4,116 414,076 SH   DFND   414,076 0 0
PAYPAL HLDGS INC COM 70450Y103 23,360 80,144 SH   DFND   80,144 0 0
PCM FUND INC COM 69323T101 331 27,859 SH   DFND   27,859 0 0
PENSKE AUTOMOTIVE GRP INC COM 70959W103 19,068 252,595 SH   DFND   252,595 0 0
PEPSICO INC COM 713448108 625 4,218 SH   DFND   4,218 0 0
PERKINELMER INC COM 714046109 378 2,450 SH   DFND   2,450 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 1,877 333,907 SH   DFND   333,907 0 0
PFIZER INC COM 717081103 2,131 54,417 SH   DFND   54,417 0 0
PHILIP MORRIS INTL INC COM 718172109 2,275 22,953 SH   DFND   22,953 0 0
PIMCO DYNAMIC CREDIT AND MORTGAGE INCOME FD COM SHS 72202D106 962 42,965 SH   DFND   42,965 0 0
PIMCO DYNAMIC INCOME FD SHS 72201Y101 3,319 115,197 SH   DFND   115,197 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 487 4,780 SH   DFND   4,780 0 0
PIMCO INCOME OPPORTUNITY FD COM 72202B100 1,838 68,979 SH   DFND   68,979 0 0
PIMCO INCOME STRATEGY FUND COM 72201H108 2,170 170,225 SH   DFND   170,225 0 0
PIMCO INCOME STRATEGY FUND II COM 72201J104 4,432 403,608 SH   DFND   403,608 0 0
PIMCO MUN INCOME FD II COM 72200W106 227 15,050 SH   DFND   15,050 0 0
PIMCO NY MUNICIPAL INCOME FD COM 72200T103 584 45,052 SH   DFND   45,052 0 0
PIONEER MUN HIGH INC ADV FD COM 723762100 161 13,060 SH   DFND   13,060 0 0
PIONEER MUN HIGH INCOME FD COM SHS 723763108 365 28,089 SH   DFND   28,089 0 0
POTLATCHDELTIC CORP NEW COM 737630103 831 15,632 SH   DFND   15,632 0 0
PROSHARES TR II SHT VIX ST TRM 74347W130 63,630 1,145,458 SH   DFND   1,145,458 0 0
QUEST DIAGNOSTICS INC COM 74834L100 642 4,862 SH   DFND   4,862 0 0
RAYONIER ADVANCED MATLS INC COM 75508B104 950 142,050 SH   DFND   142,050 0 0
RAYONIER INC COM 754907103 3,532 98,315 SH   DFND   98,315 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 997 11,683 SH   DFND   11,683 0 0
RENN FUND INC COM 759720105 421 173,767 SH   DFND   173,767 0 0
RESIDEO TECHNOLOGIES INC COM 76118Y104 2,264 75,450 SH   DFND   75,450 0 0
RIO TINTO PLC SPONSORED ADR 767204100 203 2,425 SH   DFND   2,425 0 0
RITCHIE BROS AUCTIONEERS COM 767744105 2,922 49,290 SH   DFND   49,290 0 0
ROCKWELL AUTOMATION INC COM 773903109 1,387 4,848 SH   DFND   4,848 0 0
ROYAL CARIBBEAN GROUP COM V7780T103 1,247 14,621 SH   DFND   14,621 0 0
ROYAL GOLD INC COM 780287108 18,518 162,294 SH   DFND   162,294 0 0
ROYALTY PHARMA PLC SHS CLASS A G7709Q104 8,741 213,257 SH   DFND   213,257 0 0
ROYCE MICRO-CAP TR INC COM 780915104 4,271 344,472 SH   DFND   344,472 0 0
S&P GLOBAL INC COM 78409V104 593 1,445 SH   DFND   1,445 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 353 8,757 SH   DFND   8,757 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 41,203 5,222,182 SH   DFND   5,222,182 0 0
SANOFI SPONSORED ADR 80105N105 895 17,000 SH   DFND   17,000 0 0
SCIENCE APPLICATNS INTL CP N COM 808625107 35,556 405,288 SH   DFND   405,288 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 979 48,000 SH   DFND   48,000 0 0
SEABOARD CORP DEL COM 811543107 402 104 SH   DFND   104 0 0
SEALED AIR CORP NEW COM 81211K100 2,168 36,585 SH   DFND   36,585 0 0
SIMULATIONS PLUS INC COM 829214105 240 4,367 SH   DFND   4,367 0 0
SONOCO PRODUCTS COM 835495102 1,328 19,850 SH   DFND   19,850 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 784 4,732 SH   DFND   4,732 0 0
SPDR SER TR OILGAS EQUIP 78468R549 410 6,625 SH   DFND   6,625 0 0
SPDR SERIES TR PORTFOLIO SHORT 78464A474 751 24,000 SH   DFND   24,000 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 242 17,259 SH   DFND   17,259 0 0
SQUARE INC CL A 852234103 269 1,105 SH   DFND   1,105 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,277 5,319 SH   DFND   5,319 0 0
STONECO LTD COM COM CL A G85158106 632 9,425 SH   DFND   9,425 0 0
STRYKER CORP COM 863667101 519 2,000 SH   DFND   2,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,438 59,979 SH   DFND   59,979 0 0
TELEFLEX INC COM 879369106 854 2,126 SH   DFND   2,126 0 0
TEXAS PACIFIC LAND CORP COM 88262P102 2,475,309 1,547,319 SH   DFND   1,547,319 0 0
THE SAINT JOE CO COM 790148100 10,523 235,892 SH   DFND   235,892 0 0
TORONTO DOMINION BK ONT NEW COM NEW 891160509 1,247 17,800 SH   DFND   17,800 0 0
TRI POINTE HOMES INC COM 87265H109 3,859 180,062 SH   DFND   180,062 0 0
UNION PACIFIC CORP COM 907818108 1,323 6,017 SH   DFND   6,017 0 0
VAIL RESORTS INC COM 91879Q109 399 1,262 SH   DFND   1,262 0 0
VALMONT INDS INC COM 920253101 543 2,300 SH   DFND   2,300 0 0
VANECK VECTORS ETF TR JR GOLD MINERS E 92189F791 2,879 61,572 SH   DFND   61,572 0 0
VANECK VECTORS ETF TR OIL SVCS ETF 92189H607 923 4,214 SH   DFND   4,214 0 0
VANECK VECTORS ETF TR GOLD MINERS ETF 92189F106 3,001 88,328 SH   DFND   88,328 0 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 495 2,624 SH   DFND   2,624 0 0
VANGUARD INDEX FDS S&P500 ETF SHS 922908363 1,822 4,631 SH   DFND   4,631 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 746 3,348 SH   DFND   3,348 0 0
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 10,565 171,984 SH   DFND   171,984 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 1,806 21,838 SH   DFND   21,838 0 0
VERISK ANALYTICS INC CL A 92345Y106 14,856 85,027 SH   DFND   85,027 0 0
VERIZON COMMUNICATIONS COM 92343V104 1,433 25,581 SH   DFND   25,581 0 0
VIACOMCBS INC CL B 92556H206 566 12,519 SH   DFND   12,519 0 0
VIASAT INC COM 92552V100 671 13,468 SH   DFND   13,468 0 0
VIMEO INC COMMON STOCK 92719V100 1,967 40,140 SH   DFND   40,140 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 22,945 1,218,515 SH   DFND   1,218,515 0 0
VISA INC COM CL A 92826C839 7,012 29,987 SH   DFND   29,987 0 0
VPC IMPACT ACQUISITION HLDNG SHS CL A G9441E100 522 52,147 SH   DFND   52,147 0 0
W P CAREY INC COM 92936U109 869 11,650 SH   DFND   11,650 0 0
WELBILT INC COM 949090104 394 17,000 SH   DFND   17,000 0 0
WENDYS COMPANY COM 95058W100 41,795 1,784,599 SH   DFND   1,784,599 0 0
WEST FRASER TIMBER LTD COM 952845105 19,030 265,487 SH   DFND   265,487 0 0
WEYERHAEUSER CO COM NEW 962166104 18,639 541,517 SH   DFND   541,517 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 129,698 2,943,005 SH   DFND   2,943,005 0 0
WHITE MOUNTAINS INSURANCE GROUP LTD COM G9618E107 1,186 1,033 SH   DFND   1,033 0 0
WILLIAMS COS INC COM 969457100 3,764 141,754 SH   DFND   141,754 0 0
WSTRN ASSET INFLATION LINKED OPPORT INC FD COM 95766R104 357 27,225 SH   DFND   27,225 0 0
WYNN RESORTS LTD COM 983134107 383 3,131 SH   DFND   3,131 0 0
ZIOPHARM ONCOLOGY INC COM 98973P101 90 34,000 SH   DFND   34,000 0 0
BARCLAYS BANK PLC IPTH SR B S&P 06746P621 4,178 55,700 SH Call DFND   55,700 0 0
UNITED STS NAT GAS FD LP UNIT PAR 912318300 1,176 84,000 SH Call DFND   84,000 0 0
UNITED STS OIL FD LP UNITS 91232N207 8,458 146,800 SH Call DFND   146,800 0 0