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
ALPHABET INC CAP STK CL A 02079K305 6,457 8,301 SH   SOLE   8,301 0 0
AMERICAN TOWER CORP NEW COM 03027X100 751 7,745 SH   SOLE   7,745 0 0
ANGLOGOLD ASHANTI LTD SPONS ADR 035128206 17,272 2,434,902 SH   SOLE   2,434,902 0 0
APPLE INC COM 037833100 60,983 579,667 SH   SOLE   579,667 0 0
ARCH CAP GROUP LTD ORD G0450A105 894 12,810 SH   SOLE   12,810 0 0
ATMEL CORP COM 049513104 105,898 12,292,463 SH   SOLE   12,301,263 0 0
BAIDU INC SPON ADR REP A 056752108 7,560 40,000 SH   SOLE   40,000 0 0
BARRICK GOLD CORP COM 067901108 8,258 1,118,382 SH   SOLE   1,118,382 0 0
BERKSHIRE HATHAWAY INC DEL CL B 084670207 1,451 11,000 SH   SOLE   11,000 0 0
BANK OF AMERICA CORP WEXP10/28/201 060505153 298 1,110,618 SH   SOLE   1,110,618 0 0
BLACKBERRY LTD COM 09228F103 928 100,000 SH   SOLE   100,000 0 0
CALLAWAY GOLF CO COM 131193104 1,355 144,000 SH   SOLE   144,000 0 0
CANADIAN SOLAR INC COM 136635109 17,027 588,159 SH   SOLE   588,159 0 0
CELGENE CORP COM 151020104 525 4,381 SH   SOLE   4,381 0 0
CHIMERA INVT CORP COM NEW 16934Q208 192 14,086 SH   SOLE   14,086 0 0
CHINA LODGING GRP LTD SPON ADR 16949N109 7,817 250,000 SH   SOLE   250,000 0 0
CISCO SYS INC COM 17275R102 3,397 125,114 SH   SOLE   125,114 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 6,192 355,000 SH   SOLE   355,000 0 0
COWEN GROUP INC NEW CL A 223622101 1,827 477,720 SH   SOLE   477,720 0 0
DAQO NEW ENERGY CORP SPNSRD ADR NEW 23703Q203 665 40,000 SH   SOLE   40,000 0 0
DEVON ENERGY CORP NEW COM 25179M103 261 8,150 SH   SOLE   8,150 0 0
DIANA SHIPPING INC COM Y2066G104 3,797 872,008 SH   SOLE   872,008 0 0
DR PEPPER SNAPPLE GROUP INC COM 26138E109 1,087 11,669 SH   SOLE   11,669 0 0
DU PONT E I DE NEMOURS & CO COM 263534109 3,216 48,300 SH   SOLE   48,300 0 0
DUN & BRADSTREET CORP DEL NE COM 26483E100 1,996 19,200 SH   SOLE   19,200 0 0
EMERSON ELEC CO COM 291011104 192,311 4,021,973 SH   SOLE   4,021,973 0 0
ETHAN ALLEN INTERIORS INC COM 297602104 1,259 45,286 SH   SOLE   45,286 0 0
EXXON MOBIL CORP COM 30231G102 253,661 3,255,658 SH   SOLE   3,255,658 0 0
FCB FINL HLDGS INC CL A 30255G103 31,421 878,240 SH   SOLE   878,240 0 0
FLOWSERVE CORP COM 34354P105 210 5,000 SH   SOLE   5,000 0 0
FOX FACTORY HLDG CORP COM 35138V102 1,983 120,000 SH   SOLE   120,000 0 0
FREEPORT-MCMORAN COPPER & GO COM 35671D857 6,116 905,101 SH   SOLE   905,101 0 0
GENERAL DYNAMICS COM 369550108 1,536 11,187 SH   SOLE   11,187 0 0
GILEAD SCIENCES INC COM 375558103 86,169 851,856 SH   SOLE   851,856 0 0
Gold Fields Ltd SPONS ADR 38059T106 18,272 6,609,630 SH   SOLE   6,609,630 0 0
GOLDCORP INC NEW COM 380956409 46,994 4,067,876 SH   SOLE   4,067,876 0 0
HOLLYSYS AUTOMATION TECHNOLO SHS G45667105 10,205 460,000 SH   SOLE   460,000 0 0
HONEYWELL INTL INC COM 438516106 492 4,748 SH   SOLE   4,748 0 0
HRG GROUP INC COM 40434J100 6,105 450,499 SH   SOLE   450,499 0 0
INTERCONTINENTAL EXCHANGE IN COM 45866F104 712 2,780 SH   SOLE   2,780 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 230 1,670 SH   SOLE   1,670 0 0
INTL PAPER CO COM 460146103 1,943 51,560 SH   SOLE   51,560 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 1,677 40,000 SH   SOLE   40,000 0 0
JOHNSON & JOHNSON COM 478160104 2,715 26,446 SH   SOLE   26,446 0 0
JPMORGAN CHASE & CO COM 46625H100 6,637 100,540 SH   SOLE   100,540 0 0
KBR INC COM 48242W106 1,748 103,298 SH   SOLE   103,298 0 0
KINROSS GOLD CORP COM NO PAR 496902404 35,351 19,508,861 SH   SOLE   19,508,861 0 0
KLX INC COM 482539103 1,078 35,000 SH   SOLE   35,000 0 0
LEIDOS HLDGS INC COM 525327102 2,252 40,000 SH   SOLE   40,000 0 0
LEUCADIA NATL CORP COM 527288104 80,202 4,615,590 SH   SOLE   4,615,590 0 0
LOCKHEED MARTIN CORP COM 539830109 148,259 682,895 SH   SOLE   682,895 0 0
MARKET VECTORS ETF TR GOLD MINER ETF 57060U100 5,573 406,882 SH   SOLE   406,882 0 0
MARKET VECTORS ETF TR JR GOLD MINERS E 57061R544 2,261 117,823 SH   SOLE   117,823 0 0
MARSH & MCLENNAN COS INC COM 571748102 463 8,350 SH   SOLE   8,350 0 0
MERCK & CO INC NEW COM 58933Y105 911 17,245 SH   SOLE   17,245 0 0
MICROSOFT CORP COM 594918104 210,946 3,804,697 SH   SOLE   3,804,697 0 0
MIDDLEBY CORP COM 596278101 1,500 13,911 SH   SOLE   13,911 0 0
MORGAN STANLEY COM NEW 617446448 238 7,500 SH   SOLE   7,500 0 0
MOSAIC CO NEW COM 61945C103 414 15,000 SH   SOLE   15,000 0 0
NEWMONT MINING CORP COM 651639106 12,436 691,807 SH   SOLE   691,807 0 0
NEWS CORP NEW CL A 65249B109 2,642 197,686 SH   SOLE   197,686 0 0
NORTHERN TR CORP COM 665859104 726 10,070 SH   SOLE   10,070 0 0
OASIS PETE INC NEW COM 674215108 552 75,000 SH   SOLE   75,000 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 1,487 22,000 SH   SOLE   22,000 0 0
ORACLE CORP COM 68389X105 181,094 4,959,101 SH   SOLE   4,959,101 0 0
PEPSICO INC COM 713448108 3,041 30,450 SH   SOLE   30,450 0 0
PRECISION CASTPARTS CORP COM 740189105 5,801 25,000 SH   SOLE   25,000 0 0
PROCTER & GAMBLE CO COM 742718109 2,691 33,900 SH   SOLE   33,900 0 0
PROTO LABS INC COM 743713109 764 12,000 SH   SOLE   12,000 0 0
QUALCOMM INC COM 747525103 1,244 24,890 SH   SOLE   24,890 0 0
RACKSPACE HOSTING COM 750086100 456 18,000 SH   SOLE   18,000 0 0
REPUBLIC SVCS INC COM 760759100 1,759 40,000 SH   SOLE   40,000 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 239 5,200 SH   SOLE   5,200 0 0
ROYAL GOLD INC COM 780287108 614 16,848 SH   SOLE   16,848 0 0
SANOFI RIGHT 12/31/2020 80105N113 2 14,000 SH   SOLE   14,000 0 0
SEACOR HOLDINGS INC COM 811904101 1,839 35,000 SH   SOLE   35,000 0 0
SELECT COMFORT CORP COM 81616X103 1,734 81,000 SH   SOLE   81,000 0 0
SILVER WHEATON CORP COM 828336107 27,798 2,233,495 SH   SOLE   2,233,495 0 0
STILLWATER MNG CO NOTE 1.750%10/1 86074QAL6 6,812 7,000,000 SH   SOLE   7,000,000 0 0
STILLWATER MNG CO COM 86074Q102 3,181 371,440 SH   SOLE   371,440 0 0
SUNPOWER CORP COM 867652406 1,800 60,000 SH   SOLE   60,000 0 0
TEXAS INSTRS INC COM 882508104 19,976 364,510 SH   SOLE   364,510 0 0
BOEING CO COM 097023105 394,211 2,727,812 SH   SOLE   2,727,812 0 0
TRIMBLE NAVIGATION LTD COM 896239100 533 24,837 SH   SOLE   24,837 0 0
TUMI HLDGS INC COM 89969Q104 1,219 73,330 SH   SOLE   73,330 0 0
ULTRATECH INC COM 904034105 1,189 60,000 SH   SOLE   60,000 0 0
UNITED CONTL HLDGS INC COM 910047109 286 5,000 SH   SOLE   5,000 0 0
BANCORP DEL COM NEW 902973304 9,259 217,121 SH   SOLE   217,121 0 0
VASCULAR SOLUTIONS INC COM 92231M109 1,547 45,000 SH   SOLE   45,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,661 57,136 SH   SOLE   57,136 0 0
WAL MART STORES INC COM 931142103 2,661 43,407 SH   SOLE   43,407 0 0
WESCO AIRCRAFT HLDGS INC COM 950814103 1,115 93,200 SH   SOLE   93,200 0 0
WESTROCK CO COM 96145D105 161,685 3,544,505 SH   SOLE   3,544,505 0 0
YUM BRANDS INC COM 988498101 2,265 31,015 SH   SOLE   31,015 0 0