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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABRDN JAPAN EQUITY FUND INC COM 00306J109 BBG001S73FJ4 115,084 21,511 SH   SOLE   21,511 0 0
ADAMS DIVERSIFIED EQUITY FD COM 006212104 BBG001S5NDV7 1,059,585 63,677 SH   SOLE   63,677 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 BBG006G2JWB1 828,367 9,550 SH   SOLE   9,550 0 0
ALLY FINL INC COM 02005N100 BBG001S5RLN4 3,061,930 114,765 SH   SOLE   114,765 0 0
ALPHABET INC CAP STK CL A 02079K305 BBG009S39JY5 4,255,175 32,517 SH   SOLE   32,517 0 0
AMAZON COM INC COM 023135106 BBG001S5PQL7 5,901,292 46,423 SH   SOLE   46,423 0 0
APPLE INC COM 037833100 BBG001S5N8V8 9,838,583 57,465 SH   SOLE   57,465 0 0
AT&T INC COM 00206R102 BBG001S5VWH2 1,050,769 69,958 SH   SOLE   69,958 0 0
BARRICK GOLD CORP COM 067901108 BBG001S5N9P3 158,886 10,920 SH   SOLE   10,920 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 BBG001S90346 9,908,936 28,287 SH   SOLE   28,287 0 0
BLUE OWL CAPITAL INC COM CL A 09581B103 BBG00XV417S7 1,037,759 80,074 SH   SOLE   80,074 0 0
BROOKFIELD CORP CL A LTD VT SH 11271J107 BBG001SF86D7 1,328,600 42,488 SH   SOLE   42,488 0 0
CAMDEN PPTY TR SH BEN INT 133131102 BBG001S5Q6V9 291,968 3,087 SH   SOLE   3,087 0 0
CHINDATA GROUP HLDGS LTD ADS 16955F107 BBG00X71QPT2 1,810,047 218,078 SH   SOLE   218,078 0 0
COGENT COMMUNICATIONS HLDGS COM NEW 19239V302 BBG001SC5GP2 1,047,658 16,925 SH   SOLE   16,925 0 0
COUPANG INC CL A 22266T109 BBG00XMJRPR7 1,640,109 96,477 SH   SOLE   96,477 0 0
CREDIT ACCEP CORP MICH COM 225310101 BBG001S71KS5 2,159,343 4,693 SH   SOLE   4,693 0 0
DBX ETF TR XTRACK HRVST CSI 233051879 BBG005HJL932 520,200 20,000 SH   SOLE   20,000 0 0
ENOVA INTL INC COM 29357K103 BBG0022PSJT4 928,072 18,244 SH   SOLE   18,244 0 0
ENSTAR GROUP LIMITED SHS G3075P101 BBG001SKW104 957,594 3,957 SH   SOLE   3,957 0 0
EOG RES INC COM 26875P101 BBG001S5ZB93 737,997 5,822 SH   SOLE   5,822 0 0
EQUITABLE HLDGS INC COM 29452E101 BBG00J7CBWL8 979,512 34,502 SH   SOLE   34,502 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103 BBG001S5R2V7 1,758,247 1,274 SH   SOLE   1,274 0 0
FIRST INDL RLTY TR INC COM 32054K103 BBG001S81Z00 294,772 6,194 SH   SOLE   6,194 0 0
FRONTIER GROUP HLDGS INC COM 35909R108 BBG00GCTTKY4 608,262 125,674 SH   SOLE   125,674 0 0
FRONTLINE PLC COM M46528101 BBG001S66K75 836,611 44,548 SH   SOLE   44,548 0 0
GENERAL ELECTRIC CO COM NEW 369604301 BBG001S5PVD5 1,131,479 10,235 SH   SOLE   10,235 0 0
GLOBAL X FDS GB MSCI AR ETF 37950E259 BBG001V0LJT6 770,285 18,660 SH   SOLE   18,660 0 0
GLOBAL X FDS GLB X MLP ENRG I 37954Y293 BBG004Y67XK8 9,112,517 215,000 SH   SOLE   215,000 0 0
GOLUB CAP BDC INC COM 38173M102 BBG001T63BY7 733,500 50,000 SH   SOLE   50,000 0 0
HEALTHPEAK PROPERTIES INC COM 42250P103 BBG001S5RTS2 337,897 18,404 SH   SOLE   18,404 0 0
IAC INC COM NEW 44891N208 BBG00S1LR2D2 749,954 14,883 SH   SOLE   14,883 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107 BBG001SQ4YC7 794,794 9,182 SH   SOLE   9,182 0 0
INVESCO DB COMMDY INDX TRCK UNIT 46138B103 BBG001SNZTS4 2,820,480 113,000 SH   SOLE   113,000 0 0
INVESCO EXCH TRADED FD TR II NASDAQ 100 ETF 46138G649 BBG00XS6PBW6 5,911,141 40,100 SH   SOLE   40,100 0 0
INVESCO EXCH TRADED FD TR II SR LN ETF 46138G508 BBG001V0MBC0 2,099,000 100,000 SH   SOLE   100,000 0 0
INVESCO EXCHANGE TRADED FD T GLOBAL DRGN CN 46137V571 BBG001SN3Z50 947,100 35,000 SH   SOLE   35,000 0 0
ISHARES INC MSCI AUST ETF 464286103 BBG001S6ZW40 1,767,950 82,192 SH   SOLE   82,192 0 0
ISHARES INC MSCI BRAZIL ETF 464286400 BBG001SFN5N1 1,993,550 65,000 SH   SOLE   65,000 0 0
ISHARES INC MSCI CDA ETF 464286509 BBG001S8R7V0 2,002,246 59,840 SH   SOLE   59,840 0 0
ISHARES INC MSCI CHILE ETF 464286640 BBG001T0LL05 366,660 14,000 SH   SOLE   14,000 0 0
ISHARES INC MSCI HONG KG ETF 464286871 BBG001S5VWX4 343,000 20,000 SH   SOLE   20,000 0 0
ISHARES INC MSCI ITALY ETF 46434G830 BBG001S8SYM0 304,200 10,000 SH   SOLE   10,000 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822 BBG001S8SYN9 5,426,100 90,000 SH   SOLE   90,000 0 0
ISHARES INC MSCI MEXICO ETF 464286822 BBG001S8SYQ6 1,455,750 25,000 SH   SOLE   25,000 0 0
ISHARES INC MSCI SINGPOR ETF 46434G780 BBG001S8SYS4 1,835,000 100,000 SH   SOLE   100,000 0 0
ISHARES INC MSCI SPAIN ETF 464286764 BBG001S8SYT3 1,100,000 40,000 SH   SOLE   40,000 0 0
ISHARES INC MSCI STH KOR ETF 464286772 BBG001SF9FC7 1,385,090 23,500 SH   SOLE   23,500 0 0
ISHARES INC MSCI SWITZERLAND 464286749 BBG001S8SYW9 697,120 16,000 SH   SOLE   16,000 0 0
ISHARES INC MSCI TAIWAN ETF 46434G772 BBG001SFGL81 311,850 7,000 SH   SOLE   7,000 0 0
ISHARES TR 0-5YR HI YL CP 46434V407 BBG005DW06B7 696,484 16,975 SH   SOLE   16,975 0 0
ISHARES TR 1 3 YR TREAS BD 464287457 BBG001SKXPR1 9,007,913 111,250 SH   SOLE   111,250 0 0
ISHARES TR 10-20 YR TRS ETF 464288653 BBG001SSD830 1,990,079 20,210 SH   SOLE   20,210 0 0
ISHARES TR 20 YR TR BD ETF 464287432 BBG001S8MLN3 3,014,573 33,990 SH   SOLE   33,990 0 0
ISHARES TR 3 7 YR TREAS BD 464288661 BBG001SSD812 9,863,026 87,160 SH   SOLE   87,160 0 0
ISHARES TR 7-10 YR TRSY BD 464287440 BBG001S80936 2,679,923 29,260 SH   SOLE   29,260 0 0
ISHARES TR IBOXX HI YD ETF 464288513 BBG001ST0ZQ7 3,640,294 49,380 SH   SOLE   49,380 0 0
ISHARES TR INTRM GOV CR ETF 464288612 BBG001SSD885 308,347 3,043 SH   SOLE   3,043 0 0
ISHARES TR LATN AMER 40 ETF 464287390 BBG001SJRVW2 1,278,000 50,000 SH   SOLE   50,000 0 0
ISHARES TR MSCI AC ASIA ETF 464288182 BBG001T2V2D8 6,761,036 106,473 SH   SOLE   106,473 0 0
ISHARES TR MSCI INDIA ETF 46429B598 BBG002DMN4B6 2,046,192 46,273 SH   SOLE   46,273 0 0
ISHARES TR MSCI INDONIA ETF 46429B309 BBG001S56QM7 231,608 10,400 SH   SOLE   10,400 0 0
ISHARES TR MSCI IRELAND ETF 46429B507 BBG001S56P85 2,939,232 54,400 SH   SOLE   54,400 0 0
ISHARES TR MSCI UK ETF NEW 46435G334 BBG001S8SYX8 3,891,720 123,000 SH   SOLE   123,000 0 0
ISHARES TR TIPS BD ETF 464287176 BBG001SD9RM5 7,758,256 74,800 SH   SOLE   74,800 0 0
J P MORGAN EXCHANGE TRADED F BETBULD MSCI 46641Q738 BBG00L53HC42 52,007,286 668,646 SH   SOLE   668,646 0 0
KELLANOVA COM 487836108 BBG001S5SJL0 885,449 14,879 SH   SOLE   14,879 0 0
KKR & CO INC COM 48251W104 BBG001S6PW05 1,434,972 23,295 SH   SOLE   23,295 0 0
KRANESHARES TR BLOOMBERG CHIINA 500767702 BBG007NHPBK7 322,884 10,658 SH   SOLE   10,658 0 0
KRANESHARES TR CALIFORNIA CARB 500767553 BBG012TH9ZK6 2,253,174 79,154 SH   SOLE   79,154 0 0
KRANESHARES TR GLOBAL CARB STRA 500767678 BBG00WC70964 903,250 25,000 SH   SOLE   25,000 0 0
MERCADOLIBRE INC COM 58733R102 BBG001SM32G3 1,653,316 1,304 SH   SOLE   1,304 0 0
META PLATFORMS INC CL A 30303M102 BBG001SQCQC5 6,482,134 21,592 SH   SOLE   21,592 0 0
MICROSOFT CORP COM 594918104 BBG001S5TD05 4,440,709 14,064 SH   SOLE   14,064 0 0
NEW AMER HIGH INCOME FD INC COM NEW 641876800 BBG001S5S2K8 648,000 100,000 SH   SOLE   100,000 0 0
NUVEEN CR STRATEGIES INCOME COM SHS 67073D102 BBG001SLL7N6 101,200 20,000 SH   SOLE   20,000 0 0
NUVEEN S&P 500 BUY-WRITE INC COM 6706ER101 BBG001S7ZM04 126,600 10,000 SH   SOLE   10,000 0 0
PHYSICIANS RLTY TR COM 71943U104 BBG004MF5B76 234,633 19,248 SH   SOLE   19,248 0 0
PROLOGIS INC. COM 74340W103 BBG001S5NMN6 343,250 3,059 SH   SOLE   3,059 0 0
ROYAL GOLD INC COM 780287108 BBG001S5VNX4 723,895 6,808 SH   SOLE   6,808 0 0
SALESFORCE INC COM 79466L302 BBG001SDLP09 1,622,646 8,002 SH   SOLE   8,002 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852 BBG00L5F9FV7 655,700 10,000 SH   SOLE   10,000 0 0
SELECT SECTOR SPDR TR FINANCIAL 81369Y605 BBG001S7T223 631,225 19,030 SH   SOLE   19,030 0 0
SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 BBG001S7T107 22,918,340 333,067 SH   SOLE   333,067 0 0
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 BBG001S7SCQ6 24,459,055 189,988 SH   SOLE   189,988 0 0
SPDR GOLD TR GOLD SHS 78463V107 BBG001SCPX28 3,429,000 20,000 SH   SOLE   20,000 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103 BBG001S72SM3 62,839,560 147,000 SH   SOLE   147,000 0 0
SPDR SER TR BLOOMBERG SHT TE 78468R408 BBG002QLYD04 2,348,160 96,000 SH   SOLE   96,000 0 0
SPDR SER TR COMP SOFTWARE 78464A599 BBG0024LG5C2 507,525 4,000 SH   SOLE   4,000 0 0
SPDR SER TR HLTH CR EQUIP 78464A581 BBG001V08KL6 448,903 5,750 SH   SOLE   5,750 0 0
SPDR SER TR S&P BIOTECH 78464A870 BBG001SQDKG3 379,704 5,200 SH   SOLE   5,200 0 0
SPDR SER TR S&P OILGAS EXP 78468R556 BBG001SB12P9 1,774,920 12,000 SH   SOLE   12,000 0 0
SPIRIT AIRLS INC COM 848577102 BBG001S70KL3 843,035 51,093 SH   SOLE   51,093 0 0
SPRINKLR INC CL A 85208T107 BBG0043NCD14 992,882 71,740 SH   SOLE   71,740 0 0
SPROTT PHYSICAL GOLD TR UNIT 85207H104 BBG001T66XM9 6,816,320 476,000 SH   SOLE   476,000 0 0
STELLANTIS N.V SHS N82405106 BBG0078ZLDH8 891,420 46,598 SH   SOLE   46,598 0 0
TRANSDIGM GROUP INC COM 893641100 BBG001SPV1C1 1,299,263 1,541 SH   SOLE   1,541 0 0
TXO PARTNERS LP COM UNIT 87313P103 BBG004DFHP63 61,808,042 3,043,232 SH   SOLE   3,043,232 0 0
UPWORK INC COM 91688F104 BBG00FBJ63B7 670,785 59,048 SH   SOLE   59,048 0 0
VANECK ETF TRUST FALLEN ANGEL HG 92189F437 BBG002VZY7Y3 1,353,000 50,000 SH   SOLE   50,000 0 0
VANECK ETF TRUST GOLD MINERS ETF 92189F106 BBG001SR42Z0 538,200 20,000 SH   SOLE   20,000 0 0
VANECK ETF TRUST VANECK VIETNAM 92189F817 BBG001T5CFW2 356,373 26,320 SH   SOLE   26,320 0 0
VANGUARD BD INDEX FDS TOTAL BND MRKT 921937835 BBG001SK7DK4 220,079,142 3,153,900 SH   SOLE   3,153,900 0 0
VANGUARD INDEX FDS REAL ESTATE ETF 922908553 BBG001SMD2X3 11,815,293 156,163 SH   SOLE   156,163 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 BBG001TC6MC1 12,976,379 33,044 SH   SOLE   33,044 0 0
VANGUARD INDEX FDS TOTAL STK MKT 922908769 BBG001SHTB03 92,331,441 434,685 SH   SOLE   434,685 0 0
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 BBG001SHTTZ6 13,633,317 347,700 SH   SOLE   347,700 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 BBG001T2YZG9 12,663,162 135,900 SH   SOLE   135,900 0 0
VANGUARD MALVERN FDS STRM INFPROIDX 922020805 BBG003H12XS7 2,364,000 50,000 SH   SOLE   50,000 0 0
VANGUARD STAR FDS VG TL INTL STK F 921909768 BBG001TJR1D8 115,145,390 2,151,446 SH   SOLE   2,151,446 0 0
VANGUARD TAX-MANAGED FDS VAN FTSE DEV MKT 921943858 BBG001SSPWL4 7,358,076 168,300 SH   SOLE   168,300 0 0
VANGUARD WHITEHALL FDS EM MK GOV BD ETF 921946885 BBG004N1LYJ5 3,076,320 52,000 SH   SOLE   52,000 0 0
VANGUARD WORLD FDS MATERIALS ETF 92204A801 BBG001SHTTP7 3,329,636 19,300 SH   SOLE   19,300 0 0
VIRTUS EQUITY & CONV INCM FD COM 92841M101 BBG001SHZGR6 1,193,400 60,000 SH   SOLE   60,000 0 0
VISA INC COM CL A 92826C839 BBG001SRCFY3 1,107,958 4,817 SH   SOLE   4,817 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104 BBG011386VG3 830,475 76,471 SH   SOLE   76,471 0 0
WISDOMTREE TR JAPN HEDGE EQT 97717W851 BBG001SHL470 11,484,855 130,140 SH   SOLE   130,140 0 0
WORKDAY INC CL A 98138H101 BBG001T21KQ7 1,292,752 6,017 SH   SOLE   6,017 0 0