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
ADAMS DIVERSIFIED EQUITY FD COM 006212104 1,650 85,000 SH   SOLE NONE 0 0 85,000
ALPHABET INC CAP STK CL A 02079k107 24,743 8,551 SH   SOLE NONE 2,000 0 6,551
AMERICAN EXPRESS CO COM 025816109 11,213 68,537 SH   SOLE NONE 14,500 0 54,037
AMERICAN INTL GROUP INC COM 026874784 17,029 299,489 SH   SOLE NONE 161,000 0 138,489
APPLE INC COM 037833100 713 4,017 SH   SOLE NONE 0 0 4,017
ARCHAEA ENERGY INC COM CL A 03940f103 47,772 2,613,343 SH   SOLE NONE 745,000 0 1,868,343
ASSURED GUARANTY LTD COM G0585R106 4,016 80,000 SH   SOLE NONE 80,000 0 0
ATHENE HLDG LTD CL A G0684d107 45,871 550,478 SH   SOLE NONE 236,000 0 314,478
AUTOZONE INC COM 053332102 23,316 11,122 SH   SOLE NONE 2,000 0 9,122
BERKSHIRE HATHAWAY INC CL B 084670702 1,214 4,061 SH   SOLE NONE 0 0 4,061
BRIGHAM MINERALS INC COM CL A 10918L103 8,919 422,910 SH   SOLE NONE 0 0 422,910
COCA COLA CO COM 191216100 779 13,164 SH   SOLE NONE 0 0 13,164
COMCAST CORP NEW CL A 20030n101 13,973 277,625 SH   SOLE NONE 54,000 0 223,625
CORTEVA INC COM 220521104 1,524 32,227 SH   SOLE NONE 0 0 32,227
CRAWFORD & CO CL A 224633206 781 104,311 SH   SOLE NONE 99,311 0 5,000
DANIMER SCIENTIFIC INC COM CL A 236272100 2,418 283,745 SH   SOLE NONE 58,000 0 225,745
DARLING INGREDIENTS INC COM 237266101 46,083 665,080 SH   SOLE NONE 160,000 0 505,080
DUPONT DE NEMOURS INC COM 26614n102 1,063 13,155 SH   SOLE NONE 0 0 13,155
ENSTAR GROUP LIMITED SHS G3075p101 28,875 116,625 SH   SOLE NONE 62,000 0 54,625
ESSENT GROUP LTD COM G3198U102 7,979 175,240 SH   SOLE NONE 77,000 0 98,240
EVEREST RE GROUP LTD COM G3223R108 5,204 19,000 SH   SOLE NONE 19,000 0 0
FIRST HORIZON NATL CORP COM 320517105 343 20,995 SH   SOLE NONE 0 0 20,995
HARTFORD FINL SVCS CORP COM 416515104 2,416 35,000 SH   SOLE NONE 35,000 0 0
HOME BANCSHARES INC COM 436893200 1,218 50,000 SH   SOLE NONE 0 0 50,000
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 1,374 9,124 SH   SOLE NONE 0 0 9,124
LENNAR CORP CL B 526057302 12,800 133,866 SH   SOLE NONE 33,000 0 100,866
LIBERTY BROADBAND CORP COM SER C 530307305 20,956 130,082 SH   SOLE NONE 31,200 0 98,882
LIVE OAK CRESTVIEW CLIMATE A UNIT 99/99/9999 538086208 6,236 611,393 SH   SOLE NONE 250,000 0 361,393
MGIC INVESTMENT CORP CORP 552848103 37,295 2,586,332 SH   SOLE NONE 1,308,212 0 1,278,120
MICROSOFT CORP CORP 594918104 680 2,022 SH   SOLE NONE 0 0 2,022
NMI HOLDINGS INC CL A 629209305 600 27,460 SH   SOLE NONE 0 0 27,460
OLD REP INTL CORP COM 680223104 9,218 375,000 SH   SOLE NONE 120,000 0 255,000
PINNACLE FINL PARTNERS COM 72346Q104 220 2,300 SH   SOLE NONE 0 0 2,300
PROGRESSIVE CORP OHIO COM 743315103 14,110 137,460 SH   SOLE NONE 63,500 0 73,960
REGIONS FINANCIAL CORP COM 7591EP100 419 19,235 SH   SOLE NONE 0 0 19,235
RENT A CTR INC NEW COM 76009N100 9,914 206,365 SH   SOLE NONE 50,000 0 156,365
RICE ACQUISITION CORP II UNIT 99/99/9999 G75529118 7,005 666,550 SH   SOLE NONE 150,000 0 516,550
STARWOOD PPTY TR INC COM 85571B105 17,257 710,180 SH   SOLE NONE 108,000 0 602,180
STORE CAP CORP COM 862121100 6,286 182,725 SH   SOLE NONE 0 0 182,725
TRAVELERS GROUP INC COM 894190107 2,034 13,000 SH   SOLE NONE 13,000 0 0
TRIUMPH BANCORP INC COM 89679E300 27,525 231,148 SH   SOLE NONE 48,000 0 183,148
VERISIGN INC COM 94343E102 8,165 32,170 SH   SOLE NONE 7,900 0 24,270