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 63 37,752 SH   DFND   37,752 0 0
3M CO COM 88579Y101 279 1,591 SH   DFND   1,591 0 0
A T & T INC COM 00206R102 282 10,456 SH   DFND   10,456 0 0
ABB LTD SPONSORED ADR 000375204 1,000 29,987 SH   DFND   29,987 0 0
ABBOTT LABS COM 002824100 1,762 14,916 SH   DFND   14,916 0 0
ABBVIE INC COM COM 00287Y109 3,082 28,568 SH   DFND   28,568 0 0
ACCENTURE PLC IRELAND SHS CLASS A G1151C101 286 894 SH   DFND   894 0 0
ALICO INC COM 016230104 712 20,800 SH   DFND   20,800 0 0
ALKERMES PLC COM G01767105 678 22,000 SH   DFND   22,000 0 0
ALLEGHANY CORP DEL COM 017175100 7,535 12,067 SH   DFND   12,067 0 0
ALNYLAM PHARMACEUTICALS INC COM 02043Q107 566 3,000 SH   DFND   3,000 0 0
ALPHABET INC CL A 02079K305 7,912 2,960 SH   DFND   2,960 0 0
ALPHABET INC CL C 02079K107 7,542 2,830 SH   DFND   2,830 0 0
ALPS ETF TR ALERIAN MLP 00162Q452 245 7,351 SH   DFND   7,351 0 0
ALTRIA GROUP INC COM 02209S103 1,856 40,764 SH   DFND   40,764 0 0
AMC NETWORKS INC CL A 00164V103 7,035 150,988 SH   DFND   150,988 0 0
AMERICAN TOWER REIT COM 03027X100 380 1,431 SH   DFND   1,431 0 0
AMGEN INC COM 031162100 933 4,389 SH   DFND   4,389 0 0
ANALOG DEVICES INC COM 032654105 795 4,750 SH   DFND   4,750 0 0
ANNALY CAP MGMT INC COM 035710409 162 19,197 SH   DFND   19,197 0 0
APPLE INC COM 037833100 1,921 13,574 SH   DFND   13,574 0 0
APYX MED CORP COM 03837C106 8,518 615,000 SH   DFND   615,000 0 0
ARCHER DANIELS MIDLAND CO COM 039483102 41,602 693,248 SH   DFND   693,248 0 0
ARENA PHARMACEUTICALS INC COM NEW 040047607 268 4,500 SH   DFND   4,500 0 0
ASSOCIATED CAP GROUP INC CL A 045528106 47,193 1,261,518 SH   DFND   1,261,518 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 917 15,263 SH   DFND   15,263 0 0
AUTONATION INC COM 05329W102 47,557 390,582 SH   DFND   390,582 0 0
BALCHEM CORP COM 057665200 3,911 26,959 SH   DFND   26,959 0 0
BANCO SANTANDER CENT HISPANO ADR 05964H105 152 42,079 SH   DFND   42,079 0 0
BANK AMER CORP COM 060505104 1,321 31,126 SH   DFND   31,126 0 0
BANK OF NEW YORK MELLON CORP COM 064058100 373 7,194 SH   DFND   7,194 0 0
BAXTER INTL INC COM 071813109 583 7,243 SH   DFND   7,243 0 0
BEL FUSE INC CL B 077347300 360 28,988 SH   DFND   28,988 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108 4,525 11 SH   DFND   11 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 15,845 58,053 SH   DFND   58,053 0 0
BGC PARTNERS INC CL A 05541T101 7,898 1,515,899 SH   DFND   1,515,899 0 0
BIOGEN INC COM 09062X103 1,097 3,875 SH   DFND   3,875 0 0
BLACK KNIGHT INC COM 09215C105 824 11,438 SH   DFND   11,438 0 0
BLACK STONE MINERALS L P COM UNIT 09225M101 2,486 206,347 SH   DFND   206,347 0 0
BLACKROCK CREDIT ALL INC TR COM 092508100 675 44,576 SH   DFND   44,576 0 0
BLACKROCK FLOAT RATE OME STR COM 09255X100 792 59,300 SH   DFND   59,300 0 0
BLACKROCK FLOATING RATE INCOME COM 091941104 168 12,678 SH   DFND   12,678 0 0
BLACKROCK MUN 2030 TAR TERM COM SHS BEN IN 09257P105 563 22,050 SH   DFND   22,050 0 0
BLACKROCK MUNI INCOME FD COM 09253X102 1,133 74,496 SH   DFND   74,496 0 0
BLACKROCK MUNI INCOME TR II COM 09249N101 159 10,515 SH   DFND   10,515 0 0
BLACKROCK MUNICIPL INC QLTY COM 092479104 275 18,053 SH   DFND   18,053 0 0
BLACKROCK MUNIHLDGS INVESTMENT QUALITY FUND COM 09254P108 592 40,758 SH   DFND   40,758 0 0
BLACKROCK MUNIHLDGS QUALITY FUND II INC COM 09254C107 1,420 102,863 SH   DFND   102,863 0 0
BLACKROCK MUNIHOLDINGS FD IN COM 09253N104 2,197 134,194 SH   DFND   134,194 0 0
BLACKROCK MUNIVEST FD INC COM 09253R105 440 46,440 SH   DFND   46,440 0 0
BLACKROCK MUNIYIELD QLTY FD COM 09254E103 920 62,691 SH   DFND   62,691 0 0
BLACKROCK MUNIYIELD QUALITY COM 09254G108 465 32,280 SH   DFND   32,280 0 0
BLACKROCK N Y MUN INCOME TR SH BEN INT 09248L106 328 21,411 SH   DFND   21,411 0 0
BLACKSTONE INC COM CL A 09260D107 779 6,700 SH   DFND   6,700 0 0
BLACKSTONE MTG TR INC COM CL A 09257W100 354 11,688 SH   DFND   11,688 0 0
BOEING CO COM 097023105 17,262 78,484 SH   DFND   78,484 0 0
BRIGHAM MINERALS INC CL A COM 10918L103 23,725 1,238,253 SH   DFND   1,238,253 0 0
BRISTOL MYERS SQUIBBCO COM 110122108 2,782 47,009 SH   DFND   47,009 0 0
BROADRIDGE FINL SOLUTIONS INC COM 11133T103 761 4,564 SH   DFND   4,564 0 0
BROOKFIELD ASSET MGMT INC CL A LTD VT SH 112585104 107,773 2,014,076 SH   DFND   2,014,076 0 0
BROOKFIELD ASSET MGMT REINS PA CL A EXCH LT VTG G16169107 562 10,107 SH   DFND   10,107 0 0
BROOKFIELD BUSINESS PARTNERS UNIT LTD L P G16234109 231 5,025 SH   DFND   5,025 0 0
BROOKFIELD INFRASTRUCTURE CO COM SB VTG SHS A 11275Q107 306 5,103 SH   DFND   5,103 0 0
BROOKFIELD INFRASTRUCTURE PARTNERS LP INT UNIT G16252101 2,196 39,130 SH   DFND   39,130 0 0
BROOKFIELD REAL ASSETS INCOME FUND SHS BEN INT 112830104 394 18,862 SH   DFND   18,862 0 0
CACI INTL INC CL A 127190304 118,801 453,265 SH   DFND   453,265 0 0
CAPITAL SOUTHWEST CORP COM 140501107 428 17,000 SH   DFND   17,000 0 0
CARNIVAL CORP UNIT 99/99/9999 143658300 277 11,079 SH   DFND   11,079 0 0
CATCHMARK TIMBER TR INC CL A 14912Y202 5,966 502,606 SH   DFND   502,606 0 0
CATERPILLAR INC COM 149123101 1,266 6,593 SH   DFND   6,593 0 0
CBOE GLOBAL MARKETS INC COM 12503M108 53,095 428,673 SH   DFND   428,673 0 0
CBRE GROUP INC CL A 12504L109 23,498 241,354 SH   DFND   241,354 0 0
CENTERPOINT ENERGY INC COM 15189T107 381 15,472 SH   DFND   15,472 0 0
CHARLES RIV LABS INTL INC COM 159864107 85,749 207,792 SH   DFND   207,792 0 0
CHENIERE ENERGY INC COM NEW 16411R208 49,687 508,720 SH   DFND   508,720 0 0
CHENIERE ENERGY INC NOTE 4.250% 3/1 16411RAG4 31,075 36,219,500 PRN   DFND   36,219,500 0 0
CHEVRON CORP COM 166764100 1,611 15,884 SH   DFND   15,884 0 0
CISCO SYSTEMS INC COM 17275R102 2,042 37,507 SH   DFND   37,507 0 0
CIVEO CORP CDA COM NEW 17878Y207 78,336 3,483,126 SH   DFND   3,483,126 0 0
CLEARBRIDGE MLP AND MIDSTRM TR COM 18469Q207 235 9,789 SH   DFND   9,789 0 0
CME GROUP INC COM 12572Q105 39,087 202,124 SH   DFND   202,124 0 0
CMS ENERGY CORP COM 125896100 871 14,575 SH   DFND   14,575 0 0
COHEN & STEERS INC COM 19247A100 16,432 196,161 SH   DFND   196,161 0 0
COHEN & STEERS QUALITY RLTY COM 19247L106 808 54,233 SH   DFND   54,233 0 0
COINBASE GLOBAL INC COM CL A 19260Q107 285 1,251 SH   DFND   1,251 0 0
COLFAX CORP COM 194014106 1,632 35,556 SH   DFND   35,556 0 0
COLGATE PALMOLIVE CO COM 194162103 225 2,978 SH   DFND   2,978 0 0
COMCAST CORP NEW CL A 20030N101 420 7,517 SH   DFND   7,517 0 0
COSTAMARE INC SHS Y1771G102 3,419 220,737 SH   DFND   220,737 0 0
CRISPR THERAPEUTICS AG NAMEN AKT H17182108 686 6,125 SH   DFND   6,125 0 0
CSW INDUSTRIALS INC COM 126402106 1,430 11,200 SH   DFND   11,200 0 0
CVS HEALTH CORP COM 126650100 1,192 14,041 SH   DFND   14,041 0 0
DANAHER CORP COM 235851102 3,224 10,589 SH   DFND   10,589 0 0
DEERE & CO COM 244199105 265 790 SH   DFND   790 0 0
DISCOVERY INC COM SER A 25470F104 3,138 123,657 SH   DFND   123,657 0 0
DISCOVERY INC COM SER C 25470F302 1,708 70,365 SH   DFND   70,365 0 0
DISH NETWORK CORP CL A 25470M109 1,738 39,992 SH   DFND   39,992 0 0
DISNEY WALT CO DISNEY COM DISNEY 254687106 1,031 6,093 SH   DFND   6,093 0 0
DNP SELECT INCOME FD COM 23325P104 140 13,113 SH   DFND   13,113 0 0
DORCHESTER MINERALS LP COM UNIT 25820R105 19,349 1,009,341 SH   DFND   1,009,341 0 0
DORMAN PRODUCTS INC COM 258278100 1,868 19,736 SH   DFND   19,736 0 0
DOUBLELINE INCOME SOLUTIONS COM 258622109 4,075 229,453 SH   DFND   229,453 0 0
DOUBLELINE OPPORTUNISTIC CR COM 258623107 5,167 262,002 SH   DFND   262,002 0 0
DOW INC COM 260557103 212 3,683 SH   DFND   3,683 0 0
EATON VANCE LTD DUR INCOME COM 27828H105 176 13,332 SH   DFND   13,332 0 0
EATON VANCE MUN BD FD COM 27827X101 280 20,955 SH   DFND   20,955 0 0
EATON VANCE NY MUN BD FD COM 27827Y109 305 24,865 SH   DFND   24,865 0 0
EATON VANCE SR FLTNG RTE TR COM 27828Q105 292 20,001 SH   DFND   20,001 0 0
EATON VANCE SR INCOME TR SH BEN INT 27826S103 153 21,764 SH   DFND   21,764 0 0
EBAY INC COM 278642103 12,699 182,268 SH   DFND   182,268 0 0
ECHOSTAR CORP CL A 278768106 3,633 142,422 SH   DFND   142,422 0 0
EDITAS MEDICINE INC COM 28106W103 331 8,050 SH   DFND   8,050 0 0
ELI LILLY AND COMPANY COM 532457108 1,938 8,386 SH   DFND   8,386 0 0
EMERSON ELEC CO COM 291011104 1,536 16,306 SH   DFND   16,306 0 0
ENERGY TRANSFER EQUITY L P COM UT LTD PTN 29273V100 2,248 234,695 SH   DFND   234,695 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 2,937 135,733 SH   DFND   135,733 0 0
EOG RES INC COM 26875P101 304 3,782 SH   DFND   3,782 0 0
EQUITY COMMONWEALTH COM SH BEN INT 294628102 1,737 66,875 SH   DFND   66,875 0 0
EQUITY LIFESTYLE PPTYS INC COM 29472R108 16,716 214,030 SH   DFND   214,030 0 0
EXPEDIA GROUP INC COM NEW 30212P303 1,546 9,433 SH   DFND   9,433 0 0
EXXON MOBIL CORP COM 30231G102 2,789 47,422 SH   DFND   47,422 0 0
FEDERATED HERMES INC CL B 314211103 1,164 35,818 SH   DFND   35,818 0 0
FEDERATED HERMES PREM MUN INC FD COM 31423P108 638 41,657 SH   DFND   41,657 0 0
FIDELITY NATIONAL FINANCIAL FNF GROUP FNF GROUP COM 31620R303 1,924 42,436 SH   DFND   42,436 0 0
FIDELITY NATL INFORMATION SVC COM 31620M106 427 3,510 SH   DFND   3,510 0 0
FORTIVE CORP COM 34959J108 254 3,605 SH   DFND   3,605 0 0
FRANCO NEVADA CORP COM 351858105 123,192 948,285 SH   DFND   948,285 0 0
FREEPORT MCMORAN INC CL B 35671D857 3,760 115,573 SH   DFND   115,573 0 0
GALECTIN THERAPEUTICS INC COM NEW 363225202 93 24,000 SH   DFND   24,000 0 0
GALLAGHER ARTHUR J & CO COM 363576109 520 3,501 SH   DFND   3,501 0 0
GAMCO INVESTORS INC CL A COM 361438104 10,639 403,301 SH   DFND   403,301 0 0
GANNETT CO INC NEW COM 36472T109 67 10,075 SH   DFND   10,075 0 0
GENERAL ELECTRIC CO COM NEW 369604301 818 7,944 SH   DFND   7,944 0 0
GENERAL MLS INC COM 370334104 233 3,900 SH   DFND   3,900 0 0
GENERAL MTRS CO COM 37045V100 1,382 26,225 SH   DFND   26,225 0 0
GENUINE PARTS CO COM 372460105 291 2,400 SH   DFND   2,400 0 0
GILEAD SCIENCES INC COM 375558103 770 11,017 SH   DFND   11,017 0 0
GLADSTONE LD CORP COM 376549101 662 29,068 SH   DFND   29,068 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 638 16,700 SH   DFND   16,700 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 451 1,193 SH   DFND   1,193 0 0
GRAHAM HLDGS CO COM 384637104 599 1,017 SH   DFND   1,017 0 0
GREENBRIER COS INC COM 393657101 318 7,400 SH   DFND   7,400 0 0
GREENLANE HLDGS INC CL A 395330103 24 10,000 SH   DFND   10,000 0 0
HONEYWELL INTL INC COM 438516106 1,214 5,717 SH   DFND   5,717 0 0
LISTED FD TR HORIZON KINETICS 53656F623 2,083 71,330 SH   DFND   71,330 0 0
HOWARD HUGHES CORP COM 44267D107 67,064 763,743 SH   DFND   763,743 0 0
IAA INC COM 449253103 9,150 167,674 SH   DFND   167,674 0 0
IAC INTERACTIVECORP COM NEW 44891N208 3,445 26,439 SH   DFND   26,439 0 0
ICAHN ENTERPRISES LP DEPOSITARY UNIT 451100101 28,033 561,214 SH   DFND   561,214 0 0
IHS MARKIT LTD SHS G47567105 23,123 198,273 SH   DFND   198,273 0 0
INTEL CORP COM 458140100 518 9,719 SH   DFND   9,719 0 0
INTELLIA THERAPEUTICS INC COM 45826J105 1,342 10,000 SH   DFND   10,000 0 0
INTER PARFUMS INC COM 458334109 14,230 190,311 SH   DFND   190,311 0 0
INTERCONTINENTAL EXCHANGE INC COM 45866F104 94,675 824,551 SH   DFND   824,551 0 0
INTL FLAVORS & FRAGRANCES COM 459506101 408 3,050 SH   DFND   3,050 0 0
INVESCO CURRENCYSHARES TRUST AUSTR AUSTRALIAN DOL 46090N103 282 3,925 SH   DFND   3,925 0 0
INVESCO CURRENCYSHARES TRUST CDN D CDN DLR SHS 46138T104 258 3,330 SH   DFND   3,330 0 0
INVESCO INSURED MUNICIPAL INCOME TRUST COM 46132P108 590 36,163 SH   DFND   36,163 0 0
INVESCO QUALITY MUNI INC TRS COM 46133G107 765 58,055 SH   DFND   58,055 0 0
INVESCO EXCHANGE TRADED FD T S&P500 EQL WGT 46137V357 606 4,043 SH   DFND   4,043 0 0
INVESCO VAN KAMPEN SENIOR INCOME TRUST COM 46131H107 49 11,113 SH   DFND   11,113 0 0
INVESCO TR INVT GRADE NEW YO COM 46131T101 141 10,414 SH   DFND   10,414 0 0
IONIS PHARMACEUTICALS INC COM 462222100 268 8,000 SH   DFND   8,000 0 0
IRON MTN INC NEW COM 46284V101 1,080 24,858 SH   DFND   24,858 0 0
ISHARES TR ISHS 1-5YR INVS 464288646 2,951 54,000 SH   DFND   54,000 0 0
ISHARES GOLD TR ISHARES NEW 464285204 371 11,114 SH   DFND   11,114 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 666 32,478 SH   DFND   32,478 0 0
ISHARES TR SHORT TREAS BD 464288679 879 7,955 SH   DFND   7,955 0 0
ISHARES TR GL TIMB FORE ETF 464288174 1,358 15,976 SH   DFND   15,976 0 0
ISHARES TR MICRO-CAP ETF 464288869 327 2,269 SH   DFND   2,269 0 0
JOHNSON & JOHNSON COM 478160104 2,999 18,572 SH   DFND   18,572 0 0
JP MORGAN CHASE & CO COM 46625H100 470 2,874 SH   DFND   2,874 0 0
JP MORGAN EXCHANGE-TRADED F ULTRA SHRT INC 46641Q837 840 16,566 SH   DFND   16,566 0 0
KAR AUCTION SVCS INC COM 48238T109 2,131 129,997 SH   DFND   129,997 0 0
KAYNE ANDERSON ENERGY INFRSTR COM 486606106 299 37,342 SH   DFND   37,342 0 0
KAYNE ANDERSON NEXTGEN ENERGY COM 48661E108 150 20,636 SH   DFND   20,636 0 0
KIMBELL RTY PARTNERS LP UNIT 49435R102 1,210 85,614 SH   DFND   85,614 0 0
KIMBERLY CLARK CORP COM 494368103 472 3,566 SH   DFND   3,566 0 0
KKR & CO INC COM 48251W104 308 5,058 SH   DFND   5,058 0 0
KLA-TENCOR CORP COM NEW 482480100 1,661 4,965 SH   DFND   4,965 0 0
KRAFT HEINZ COMPANY COM 500754106 307 8,346 SH   DFND   8,346 0 0
L3 HARRIS TECHNOLOGIES INC COM 502431109 2,078 9,435 SH   DFND   9,435 0 0
LAS VEGAS SANDS CORP COM 517834107 2,727 74,509 SH   DFND   74,509 0 0
LENDINGTREE INC NEW COM 52603B107 1,151 8,233 SH   DFND   8,233 0 0
LENNAR CORP CL A 526057104 430 4,585 SH   DFND   4,585 0 0
LIBERTY BRAVES GROUP SER A COM A BRAVES GRP 531229706 890 33,059 SH   DFND   33,059 0 0
LIBERTY MEDIA CORP DEL COM C BRAVES GRP 531229888 1,369 51,822 SH   DFND   51,822 0 0
LIBERTY BROADBAND CORP COM SER A 530307107 8,353 49,617 SH   DFND   49,617 0 0
LIBERTY BROADBAND CORP COM SER C 530307305 43,383 251,202 SH   DFND   251,202 0 0
LIBERTY FORMULA ONE COM SER A FRMLA 531229870 8,010 170,243 SH   DFND   170,243 0 0
LIBERTY FORMULA ONE COM SER C FRMLA 531229854 11,189 217,633 SH   DFND   217,633 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 218 16,578 SH   DFND   16,578 0 0
LIBERTY SIRIUS GROUP COM C SIRIUSXM 531229607 39,834 839,134 SH   DFND   839,134 0 0
LIBERTY SIRIUS XM GROUP COM A SIRIUSXM 531229409 19,189 406,797 SH   DFND   406,797 0 0
LINDE PLC COM G5494J103 464 1,583 SH   DFND   1,583 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 2,435 187,335 SH   DFND   187,335 0 0
LIVE NATION ENTERTAINMENT INC COM 538034109 57,639 632,492 SH   DFND   632,492 0 0
LOEWS CORP COM 540424108 364 6,756 SH   DFND   6,756 0 0
MADISON SQUARE GARDEN SPRT COR CL A 55825T103 7,333 39,434 SH   DFND   39,434 0 0
MADISON SQUARE GRDN ENTERTNM CL A 55826T102 3,917 53,905 SH   DFND   53,905 0 0
MANTECH INTL CORP CL A 564563104 1,898 25,000 SH   DFND   25,000 0 0
MARATHON PETE CORP COM 56585A102 446 7,220 SH   DFND   7,220 0 0
MARKEL CORP COM 570535104 3,589 3,003 SH   DFND   3,003 0 0
MARKETAXESS HLDGS INC COM 57060D108 2,168 5,154 SH   DFND   5,154 0 0
MARSH & MCLENNAN COS INC COM 571748102 24,073 158,968 SH   DFND   158,968 0 0
MASTERCARD INC CL A CL A 57636Q104 13,813 39,730 SH   DFND   39,730 0 0
MATCH GROUP INC NEW COM 57667L107 808 5,146 SH   DFND   5,146 0 0
MAVERIX METALS INC COM NEW 57776F405 353 78,953 SH   DFND   78,953 0 0
MCDONALDS CORP COM 580135101 1,015 4,209 SH   DFND   4,209 0 0
MERCK & COMPANY COM 58933Y105 2,659 35,395 SH   DFND   35,395 0 0
MESABI TR CTF BEN INT 590672101 58,571 1,971,429 SH   DFND   1,971,429 0 0
MFS HIGH INCOME MUN TR SH BEN INT 59318D104 2,570 488,614 SH   DFND   488,614 0 0
MICROSOFT COM 594918104 2,463 8,736 SH   DFND   8,736 0 0
MICROSTRATEGY INC CL A NEW 594972408 7,024 12,143 SH   DFND   12,143 0 0
MONDELEZ INTL INC CL A 609207105 1,183 20,335 SH   DFND   20,335 0 0
MOVADO GROUP INC COM 624580106 941 29,880 SH   DFND   29,880 0 0
NASDAQ INC COM 631103108 7,712 39,954 SH   DFND   39,954 0 0
NAVIGATOR HOLDINGS LTD SHS Y62132108 5,672 637,260 SH   DFND   637,260 0 0
NEKTAR THERAPEUTICS COM 640268108 259 14,400 SH   DFND   14,400 0 0
NEUBERGER BERMAN MUNI FD INC COM 64124P101 571 35,562 SH   DFND   35,562 0 0
NEUBERGER BERMAN NY MUN FD INC COM 64124K102 388 29,549 SH   DFND   29,549 0 0
NEWELL BRANDS INC COM 651229106 232 10,488 SH   DFND   10,488 0 0
NEWMONT CORP COM 651639106 1,484 27,327 SH   DFND   27,327 0 0
NEXTERA ENERGY INC COM 65339F101 237 3,020 SH   DFND   3,020 0 0
NORFOLK SOUTHN CORP COM 655844108 1,092 4,566 SH   DFND   4,566 0 0
NOVARTIS AG SPONSORED ADR 66987V109 1,712 20,930 SH   DFND   20,930 0 0
NOVO-NORDISK A S ADR 670100205 743 7,740 SH   DFND   7,740 0 0
NUCANA PLC SPONSORED ADR 67022C106 50 19,467 SH   DFND   19,467 0 0
NUTRIEN LTD COM 67077M108 16,338 252,020 SH   DFND   252,020 0 0
NUVEEN AMT FREE QLTY MUN INCOME COM 670657105 8,087 532,395 SH   DFND   532,395 0 0
NUVEEN MUNCIPAL CREDIT INC COM SH BEN INT 67070X101 1,087 65,021 SH   DFND   65,021 0 0
NUVEEN DIVID AMT FREE MUN CR INC F COM 67071L106 363 21,176 SH   DFND   21,176 0 0
NUVEEN FLOATING RATE INCOME COM SHS 6706EN100 569 56,984 SH   DFND   56,984 0 0
NUVEEN INT DUR QUAL MUN TRM COM 670677103 310 21,130 SH   DFND   21,130 0 0
NUVEEN INTER DURATION MUN TE COM 670671106 1,055 71,660 SH   DFND   71,660 0 0
NUVEEN MUN HIGH INC OPPOR COM 670682103 179 12,099 SH   DFND   12,099 0 0
NUVEEN MUN VALUE FD INC COM 670928100 141 12,441 SH   DFND   12,441 0 0
NUVEEN NY AMT FREE QLT MU COM 670656107 1,366 98,746 SH   DFND   98,746 0 0
NUVEEN NEW YORK QLT MUN INC COM 67066X107 737 50,071 SH   DFND   50,071 0 0
NUVEEN PFD & INCM SECURTIES COM 67072C105 217 22,113 SH   DFND   22,113 0 0
NUVEEN QUALITY MUNCP INCOME COM 67066V101 2,660 170,276 SH   DFND   170,276 0 0
NUVEEN SELECT MAT MUN FD SH BEN INT 67061T101 233 21,500 SH   DFND   21,500 0 0
NUVEEN SR INCOME FD COM 67067Y104 615 105,209 SH   DFND   105,209 0 0
NUVEEN TAXABLE MUNICIPAL INM COM 67074C103 3,121 136,208 SH   DFND   136,208 0 0
NVIDIA CORP COM 67066G104 365 1,760 SH   DFND   1,760 0 0
OSHKOSH CORP COM 688239201 16,973 165,797 SH   DFND   165,797 0 0
OSISKO GOLD ROYALTIES LTD COM 68827L101 15,323 1,364,442 SH   DFND   1,364,442 0 0
PACIFIC BIOSCIENCES CALIF IN COM 69404D108 307 12,000 SH   DFND   12,000 0 0
PATTERSON UTI ENERGY INC COM 703481101 3,727 414,076 SH   DFND   414,076 0 0
PAYPAL HLDGS INC COM 70450Y103 20,727 79,655 SH   DFND   79,655 0 0
PCM FUND INC COM 69323T101 312 27,510 SH   DFND   27,510 0 0
PENSKE AUTOMOTIVE GRP INC COM 70959W103 25,137 249,874 SH   DFND   249,874 0 0
PEPSICO INC COM 713448108 634 4,215 SH   DFND   4,215 0 0
PERKINELMER INC COM 714046109 424 2,445 SH   DFND   2,445 0 0
PERMIAN BASIN RTY TR UNIT BEN INT 714236106 1,874 327,082 SH   DFND   327,082 0 0
PFIZER INC COM 717081103 2,293 53,317 SH   DFND   53,317 0 0
PHILIP MORRIS INTL INC COM 718172109 2,115 22,308 SH   DFND   22,308 0 0
PIMCO DYNAMIC CR INCOME FD COM SHS 72202D106 909 43,042 SH   DFND   43,042 0 0
PIMCO DYNAMIC INCOME FD SHS 72201Y101 3,058 115,062 SH   DFND   115,062 0 0
PIMCO ETF TR ENHAN SHRT MA AC 72201R833 482 4,730 SH   DFND   4,730 0 0
PIMCO INCOME OPPORTUNITY FD COM 72202B100 1,614 65,861 SH   DFND   65,861 0 0
PIMCO INCOME STRATEGY FUND COM 72201H108 1,721 148,106 SH   DFND   148,106 0 0
PIMCO INCOME STRATEGY FUND II COM 72201J104 3,925 387,108 SH   DFND   387,108 0 0
PIMCO MUN INCOME FD II COM 72200W106 222 15,050 SH   DFND   15,050 0 0
PIMCO NY MUN INCOME FD COM 72200T103 559 44,652 SH   DFND   44,652 0 0
PIONEER MUNICIPAL HIGH INCOM HIGH INCOME FD COM SHS 723763108 300 24,745 SH   DFND   24,745 0 0
POTLATCHDELTIC CORPORATION COM 737630103 837 16,227 SH   DFND   16,227 0 0
PROSHARES TR II SHT VIX ST TRM 74347W130 61,564 1,131,896 SH   DFND   1,131,896 0 0
QUEST DIAGNOSTICS INC COM 74834L100 706 4,862 SH   DFND   4,862 0 0
RAYONIER ADVANCED MATLS INC COM 75508B104 1,047 139,550 SH   DFND   139,550 0 0
RAYONIER INC COM 754907103 3,559 99,761 SH   DFND   99,761 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 1,000 11,637 SH   DFND   11,637 0 0
RENN FUND INC COM 759720105 535 203,467 SH   DFND   203,467 0 0
RESIDEO TECHNOLOGIES INC COM 76118Y104 1,778 71,722 SH   DFND   71,722 0 0
RITCHIE BROS AUCTIONEERS COM 767744105 3,015 48,896 SH   DFND   48,896 0 0
ROCKWELL AUTOMATION INC COM 773903109 1,324 4,503 SH   DFND   4,503 0 0
ROYAL CARIBBEAN GROUP COM V7780T103 1,332 14,971 SH   DFND   14,971 0 0
ROYAL GOLD INC COM 780287108 15,128 158,427 SH   DFND   158,427 0 0
ROYALTY PHARMA PLC SHS CLASS A G7709Q104 8,685 240,328 SH   DFND   240,328 0 0
ROYCE MICRO-CAP TR INC COM 780915104 3,768 329,975 SH   DFND   329,975 0 0
S&P GLOBAL INC COM 78409V104 559 1,315 SH   DFND   1,315 0 0
SABINE ROYALTY TR UNIT BEN INT 785688102 356 8,312 SH   DFND   8,312 0 0
SANDSTORM GOLD LTD COM NEW 80013R206 31,097 5,398,702 SH   DFND   5,398,702 0 0
SANOFI SPONSORED ADR 80105N105 820 17,000 SH   DFND   17,000 0 0
SCIENCE APPLICATNS INTL CO COM 808625107 34,606 404,466 SH   DFND   404,466 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 867 48,000 SH   DFND   48,000 0 0
SEABOARD CORP DEL COM 811543107 435 106 SH   DFND   106 0 0
SEALED AIR CORP NEW COM 81211K100 1,939 35,385 SH   DFND   35,385 0 0
SONOCO PRODUCTS COM 835495102 1,177 19,750 SH   DFND   19,750 0 0
SPDR GOLD TR GOLD SHS 78463V107 696 4,237 SH   DFND   4,237 0 0
SPDR SER TR OILGAS EQUIP 78468R549 394 7,246 SH   DFND   7,246 0 0
SPDR SER TR PORTFOLIO SHORT 78464A474 750 24,000 SH   DFND   24,000 0 0
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 238 17,259 SH   DFND   17,259 0 0
SQUARE INC CL A 852234103 253 1,055 SH   DFND   1,055 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 2,241 5,223 SH   DFND   5,223 0 0
STONECO LTD COM COM CL A G85158106 272 7,845 SH   DFND   7,845 0 0
STRYKER CORP COM 863667101 527 2,000 SH   DFND   2,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,192 57,479 SH   DFND   57,479 0 0
TEJON RANCH CO COM 879080109 7,386 415,895 SH   DFND   415,895 0 0
TELEFLEX INC COM 879369106 801 2,126 SH   DFND   2,126 0 0
TEXAS PACIFIC LAND CORP COM 88262P102 1,861,329 1,539,103 SH   DFND   1,539,103 0 0
THE SAINT JOE CO COM 790148100 11,192 265,852 SH   DFND   265,852 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 1,194 18,050 SH   DFND   18,050 0 0
TRI POINTE HOMES INC COM 87265H109 3,785 180,062 SH   DFND   180,062 0 0
UNION PACIFIC CORP COM 907818108 1,179 6,017 SH   DFND   6,017 0 0
VAIL RESORTS INC COM 91879Q109 422 1,262 SH   DFND   1,262 0 0
VALMONT INDS INC COM 920253101 541 2,300 SH   DFND   2,300 0 0
VANECK ETF TR JR GOLD MINERS E 92189F791 2,341 61,061 SH   DFND   61,061 0 0
VANECK ETF TR GOLD MINERS ETF 92189F106 2,532 85,910 SH   DFND   85,910 0 0
VANECK ETF TR OIL SVCS ETF 92189H607 834 4,231 SH   DFND   4,231 0 0
VANGUARD INDEX FDS EXTEND MKT ETF 922908652 479 2,624 SH   DFND   2,624 0 0
VANGUARD INDEX FDS S&P500 ETF SHS 922908363 1,789 4,535 SH   DFND   4,535 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 732 3,298 SH   DFND   3,298 0 0
VANGUARD SCOTTSDALE FDS SHORT TERM TREAS 92206C102 9,614 156,557 SH   DFND   156,557 0 0
VANGUARD SCOTTSDALE FDS SHRT TRM CORP BD 92206C409 1,800 21,838 SH   DFND   21,838 0 0
VERISK ANALYTICS INC CL A 92345Y106 19,021 94,978 SH   DFND   94,978 0 0
VERIZON COMMUNICATIONS COM 92343V104 1,417 26,231 SH   DFND   26,231 0 0
VIACOMCBS INC CL B 92556H206 925 23,408 SH   DFND   23,408 0 0
VIASAT INC COM 92552V100 731 13,268 SH   DFND   13,268 0 0
VIATRIS INC COM 92556V106 188 13,896 SH   DFND   13,896 0 0
VIMEO INC COMMON STOCK 92719V100 1,161 39,520 SH   DFND   39,520 0 0
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 29,750 1,361,547 SH   DFND   1,361,547 0 0
VISA INC COM COM CL A 92826C839 6,589 29,581 SH   DFND   29,581 0 0
VPC IMPACT ACQUISITION HLDNG SHA CL A G9441E100 527 52,147 SH   DFND   52,147 0 0
W P CAREY INC COM 92936U109 887 12,150 SH   DFND   12,150 0 0
WELBILT INC COM 949090104 395 17,000 SH   DFND   17,000 0 0
WENDYS COMPANY COM 95058W100 37,584 1,733,569 SH   DFND   1,733,569 0 0
WEST FRASER TIMBER LTD COM 952845105 25,185 299,006 SH   DFND   299,006 0 0
WEYERHAEUSER CO COM NEW 962166104 20,951 589,012 SH   DFND   589,012 0 0
WHEATON PRECIOUS METALS CORP COM 962879102 112,791 3,001,355 SH   DFND   3,001,355 0 0
WHITE MOUNTAINS INSURANCE GROUP LTD COM G9618E107 1,161 1,085 SH   DFND   1,085 0 0
WILLIAMS COS INC COM 969457100 3,611 139,201 SH   DFND   139,201 0 0
WSTRN ASSET INFL LKD OPP & I COM 95766R104 362 27,225 SH   DFND   27,225 0 0
WYNN RESORTS LTD COM 983134107 250 2,952 SH   DFND   2,952 0 0
ZIOPHARM ONCOLOGY INC COM 98973P101 62 34,000 SH   DFND   34,000 0 0
UNITED STS NAT GAS FD LP UNIT PAR 912318300 2,247 101,000 SH Call DFND   101,000 0 0
UNITED STS OIL FD LP UNITS 91232N207 1,980 36,000 SH Call DFND   36,000 0 0
BARCLAYS BANK PLC IPTH SR B S&P 06747R477 3,168 52,800 SH Call DFND   52,800 0 0