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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
21st Century Fox - Class A COM 90130A101 6,625 179,696 SH   SOLE 0 176,821 0 2,875
21st Century Fox - Class B COM 90130A200 3,444 94,236 SH   SOLE 0 88,451 0 5,785
Alphabet Inc. - Class A COM 02079K305 16,768 16,168 SH   SOLE 0 15,679 0 489
Alphabet Inc. - Class C COM 02079K107 18,393 17,826 SH   SOLE 0 17,332 0 494
Apple Inc. COM 037833100 10,013 59,681 SH   SOLE 0 57,851 0 1,830
Bank of New York Mellon Corp COM 064058100 11,332 219,920 SH   SOLE 0 213,760 0 6,160
Barrick Gold Corp. COM 067901108 626 50,280 SH   SOLE 0 48,195 0 2,085
Berkshire Hathaway Inc. Clas COM 084670702 26,054 130,611 SH   SOLE 0 126,756 0 3,855
Charter Communications COM 16119P108 14,980 48,134 SH   SOLE 0 46,662 0 1,472
Citigroup Inc. COM 172967424 14,650 217,034 SH   SOLE 0 210,554 0 6,480
CNX Resources COM 12653C108 7,929 513,850 SH   SOLE 0 498,050 0 15,800
Comcast Corp Class A COM 20030N101 3,793 111,001 SH   SOLE 0 107,501 0 3,500
Commercial Vehicle Group COM 202608105 2,366 305,269 SH   SOLE 0 301,629 0 3,640
Continental Building Product COM 211171103 11,947 418,464 SH   SOLE 0 405,634 0 12,830
Cooper-Standard Holdings Inc COM 21676P103 4,643 37,808 SH   SOLE 0 36,308 0 1,500
DaVita Inc COM 23918K108 5,382 81,613 SH   SOLE 0 79,093 0 2,520
Discover Financial Services COM 254709108 6,158 85,617 SH   SOLE 0 83,102 0 2,515
Dish Network Corp. COM 25470M109 4,496 118,650 SH   SOLE 0 114,995 0 3,655
Dollar Tree Inc. COM 256746108 8,201 86,420 SH   SOLE 0 83,875 0 2,545
Facebook COM 30303M102 3,808 23,831 SH   SOLE 0 23,081 0 750
General Motors COM 37045V100 11,928 328,222 SH   SOLE 0 317,922 0 10,300
Goldman Sachs COM 38141G104 7,884 31,302 SH   SOLE 0 30,314 0 988
JP Morgan Chase & Co. COM 46625H100 18,878 171,665 SH   SOLE 0 166,475 0 5,190
Kinder Morgan Inc. COM 49456B101 7,804 518,185 SH   SOLE 0 501,435 0 16,750
Kinross Gold Corp. COM 496902404 4,984 1,261,765 SH   SOLE 0 1,223,555 0 38,210
Liberty Broadband-A COM 530307107 2,359 27,824 SH   SOLE 0 26,934 0 890
Linamar Corp. COM 53278L107 5,825 106,670 SH   SOLE 0 104,105 0 2,565
Market Vectors Gold Miners E COM 92189F106 3,947 179,551 SH   SOLE 0 173,946 0 5,605
MMA Capital Management, LLC COM 55315D105 8,288 304,712 SH   SOLE 0 304,712 0 0
Newmont Mining Corp. COM 651639106 1,282 32,803 SH   SOLE 0 30,965 0 1,838
Nexeo Solutions, Inc COM 65342H102 3,833 358,260 SH   SOLE 0 340,400 0 17,860
Packaging Corp of America COM 695156109 6,222 54,902 SH   SOLE 0 53,157 0 1,745
Spirit Airlines Inc. COM 848577102 13,342 353,161 SH   SOLE 0 342,121 0 11,040
T-Mobile US Inc. COM 872590104 16,101 263,773 SH   SOLE 0 255,859 0 7,914
Trinseo SA COM L9340P101 8,822 119,134 SH   SOLE 0 114,794 0 4,340
US Bancorp COM 902973304 4,415 86,919 SH   SOLE 0 85,514 0 1,405