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
APPLE INC COM 037833100 4,810 21,478 SH   SOLE   10,135 0 11,343
APPLE INC COM 037833100 123 550 SH   OTR   550 0 0
ASSURED GUARANTY LTD COM G0585R106 23,153 520,751 SH   SOLE   46,830 0 473,921
AMGEN INC COM 031162100 349 1,805 SH   SOLE   0 0 1,805
AVEO PHARMACEUTICALS INC COM 053588109 548 649,105 SH   SOLE   459,150 0 189,955
AVEO PHARMACEUTICALS INC COM 053588109 3 3,500 SH   OTR   3,500 0 0
POPULAR INC COM NEW 733174700 7,398 136,801 SH   SOLE   54,445 0 82,356
CITIGROUP INC COM NEW 172967424 258 3,732 SH   SOLE   0 0 3,732
CONTINENTAL RESOURCES INC/OK COM 212015101 411 13,361 SH   SOLE   9,663 0 3,698
CLOROX CO DEL COM 189054909 216 1,420 SH   SOLE   0 0 1,420
CHEVRON CORP NEW COM 166764100 233 1,965 SH   SOLE   0 0 1,965
FIRST BANCORP PUERTO RICO COM NEW 318672706 14,886 1,491,595 SH   SOLE   284,271 0 1,207,324
FACEBOOK INC-A CL A 30303M102 4,979 27,962 SH   SOLE   19,113 0 8,849
FACEBOOK INC-A CL A 30303M102 22 125 SH   OTR   125 0 0
GARMIN LTD SHS H2906T109 202 2,387 SH   SOLE   0 0 2,387
MERCK & CO INC COM 58933Y105 227 2,698 SH   SOLE   0 0 2,698
UNITED AIRLINES HLDGS INC COM 910047109 252 2,850 SH   SOLE   500 0 2,350
VERIZON COMMUNICATIONS INC COM 92343V104 264 4,380 SH   SOLE   0 0 4,380
WALMART INC COM 931142103 444 3,741 SH   SOLE   0 0 3,741
SPDR S&P 500 ETF TRUST TR UNIT 78462F103 259 872 SH   SOLE   0 0 872
CONSTELLATION BRANDS INC-A CL A 21036P108 294 1,420 SH   SOLE   0 0 1,420
WEIBO CORP-SPON ADR SPONSORED ADR 948596101 819 18,300 SH   SOLE   16,580 0 1,720
AMBAC FINL GROUP INC COM NEW 023139884 3,224 164,890 SH   SOLE   227 0 164,663
ADVANCED MICRO DEVICES INC COM 007903107 3,655 126,093 SH   SOLE   97,196 0 28,897
ADVANCED MICRO DEVICES INC COM 007903107 39 1,334 SH   OTR   1,334 0 0
AMAZON COM INC COM 023135106 2,871 1,654 SH   SOLE   934 0 720
AMAZON COM INC COM 023135106 0 0 SH   OTR   0 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 4,288 25,644 SH   SOLE   15,645 0 9,999
BANK AMER CORP COM 060505104 290 9,957 SH   SOLE   0 0 9,957
BLACKROCK MULTI-SECTOR INCOM COM 09258A107 172 10,000 SH   SOLE   0 0 10,000
BELLICUM PHARMACEUTICALS INC COM 079481107 208 198,291 SH   SOLE   150,125 0 48,166
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 3,952 19,000 SH   SOLE   9,535 0 9,465
CAL MAINE FOODS INC COM NEW 128030202 292 7,297 SH   SOLE   0 0 7,297
COSTCO WHSL CORP NEW COM 22160K105 1,489 5,167 SH   SOLE   2,530 0 2,637
COSTCO WHSL CORP NEW COM 22160K105 1 4 SH   OTR   4 0 0
CALAVO GROWERS INC COM 128246105 3,411 35,835 SH   SOLE   27,469 0 8,366
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 1,120 86,489 SH   SOLE   70,000 0 16,489
GENERAL DYNAMICS CORP COM 369550108 2,315 12,671 SH   SOLE   9,204 0 3,467
GENERAL MTRS CO COM 37045V100 938 25,019 SH   SOLE   0 0 25,019
ALPHABET INC CAP STK CL C 02079K107 906 743 SH   SOLE   0 0 743
JOHNSON & JOHNSON COM 478160104 588 4,541 SH   SOLE   0 0 4,541
JOHNSON & JOHNSON COM 478160104 52 405 SH   OTR   405 0 0
JPMORGAN CHASE & CO COM 46625H100 643 5,466 SH   SOLE   0 0 5,466
LOCKHEED MARTIN CORP COM 539830109 1,461 3,747 SH   SOLE   1,725 0 2,022
MBIA INC COM 55262C100 4,094 443,513 SH   SOLE   328 0 443,185
ALTRIA GROUP INC COM 02209S103 1,705 41,696 SH   SOLE   20,295 0 21,401
ALTRIA GROUP INC COM 02209S103 5 116 SH   OTR   116 0 0
MICROSOFT CORP COM 594918104 598 4,302 SH   SOLE   0 0 4,302
MICRON TECHNOLOGY INC COM 595112103 4,108 95,874 SH   SOLE   73,705 0 22,169
OFG BANCORP COM 67103X102 25,358 1,157,892 SH   SOLE   163,281 0 994,611
OPKO HEALTH INC COM 68375N103 994 475,759 SH   SOLE   286,960 0 188,799
OPKO HEALTH INC COM 68375N103 2 1,000 SH   OTR   1,000 0 0
PROCTER AND GAMBLE CO COM 742718109 860 6,917 SH   SOLE   0 0 6,917
SPROTT PHYSICAL GOLD TRUST UNIT 85207H104 171 14,430 SH   SOLE   0 0 14,430
PHILIP MORRIS INTL INC COM 718172109 2,368 31,187 SH   SOLE   13,711 0 17,476
SPROTT PHYSICAL SILVER TRUST TR UNIT 85207K107 102 16,380 SH   SOLE   0 0 16,380
PAYPAL HLDGS INC COM 70450Y103 2,348 22,667 SH   SOLE   19,700 0 2,967
PAYPAL HLDGS INC COM 70450Y103 104 1,000 SH   OTR   1,000 0 0
RAYTHEON CO COM NEW 755111507 1,555 7,928 SH   SOLE   4,033 0 3,895
BANCO SANTANDER SA ADR 05964H105 67 16,590 SH   SOLE   0 0 16,590
SIENTRA INC COM 82621J105 1,778 274,312 SH   SOLE   198,094 0 76,218
SIENTRA INC COM 82621J105 6 1,000 SH   OTR   1,000 0 0
SKECHERS U S A INC CL A 830566105 3,049 81,646 SH   SOLE   66,724 0 14,922
AT&T INC COM 00206R102 2,723 71,970 SH   SOLE   18,375 0 53,595
TRACON PHARMACEUTICALS INC COM 89237H100 32 71,968 SH   SOLE   61,232 0 10,736
TORONTO DOMINION BK ONT COM NEW 891160509 258 4,435 SH   SOLE   0 0 4,435
VIPSHOP HLDGS LTD SPONSORED ADR 92763W103 3,025 339,135 SH   SOLE   275,755 0 63,380
VALERO ENERGY CORP NEW COM 91913Y100 1,181 13,851 SH   SOLE   6,875 0 6,976
WELLS FARGO CO NEW COM 949746101 498 9,871 SH   SOLE   0 0 9,871
EXXON MOBIL CORP COM 30231G102 602 8,520 SH   SOLE   0 0 8,520
EXXON MOBIL CORP COM 30231G102 8 114 SH   OTR   114 0 0
WIRELESS TELECOM GROUP INC COM 976524108 472 327,488 SH   SOLE   305,488 0 22,000
INCYTE CORP COM 45337C102 390 5,258 SH   SOLE   4,195 0 1,063
BERKSHIRE HATHAWAY INC DEL CL A 084670108 312 1 SH   OTR   1 0 0
BLACKSTONE GROUP L P COM UNIT LTD 09253U108 1,039 21,272 SH   SOLE   15,000 0 6,272
INVESCO QQQ TR UNIT SER 1 46090E103 585 3,100 SH   SOLE   0 0 3,100
WHITING PETE CORP NEW COM NEW 966387409 1,060 132,052 SH   SOLE   106,872 0 25,180
TJX COS INC NEW COM 872540109 777 13,946 SH   SOLE   3,230 0 10,716
VANGUARD INDEX FDS VALUE ETF 922908744 289 2,592 SH   SOLE   0 0 2,592
VANGUARD INDEX FDS GROWTH ETF 922908736 292 1,759 SH   SOLE   0 0 1,759
ISHARES TR CORE US AGGBD ET 464287226 1,093 9,658 SH   SOLE   0 0 9,658
COCA COLA CO COM 191216100 328 6,030 SH   SOLE   0 0 6,030
MCDONALDS CORP COM 580135101 648 3,016 SH   SOLE   0 0 3,016
PFIZER INC COM 717081103 353 9,817 SH   SOLE   0 0 9,817
VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 315 7,660 SH   SOLE   0 0 7,660
WHITING PETE CORP NEW COM NEW 966387909 233 29,000 SH Call SOLE   0 0 0
CONTINENTAL RESOURCES INC COM 212015901 862 28,000 SH Call SOLE   0 0 0