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
ADT INC COM 00090Q103   41,328,000 6,150,000 SH   SOLE   6,150,000 0 0
AES CORP COM 00130H105   16,137 900 SH   SOLE   900 0 0
ALPHABET INC CAP STK CL A 02079K305   98,104,500 650,000 SH   SOLE   650,000 0 0
APOLLO GLOBAL MANAGEMENT INC COM 03769M106   182,731,250 1,625,000 SH   SOLE   1,625,000 0 0
ARBOR REALTY TRUST INC COM 038923108   31,550,821 2,381,194 SH   SOLE   2,381,194 0 0
ASHLAND INC COM 044186104   95,621,916 982,047 SH   SOLE   982,047 0 0
BARINGS BDC INC COM 06759L103   24,580 2,643 SH   SOLE   2,643 0 0
CITIGROUP INC COM 172967424   18,972,000 300,000 SH   SOLE   300,000 0 0
COMMSCOPE HOLDING CO INC COM 20337X109   348,080 265,710 SH   SOLE   265,710 0 0
CRESCENT CAPITAL BDC INC COM 225655109   6,910,507 400,377 SH   SOLE   400,377 0 0
DEVON ENERGY CORP COM 25179M103   110,396,000 2,200,000 SH   SOLE   2,200,000 0 0
DIAMEDICA THERAPEUTICS INC COM 25253X207   2,447,636 883,623 SH   SOLE   883,623 0 0
DT MIDSTREAM INC COMMON STOCK 23345M107   38,784,447 634,770 SH   SOLE   634,770 0 0
ELEVANCE HEALTH INC COM 036752103   67,410,200 130,000 SH   SOLE   130,000 0 0
ELLINGTON FINANCIAL INC COM 28852N109   1,771,500 150,000 SH   SOLE   150,000 0 0
ENERGY TRANSFER LP COM UT LTD PTN 29273V100   189,708,519 12,060,300 SH   SOLE   12,060,300 0 0
ENTERPRISE PRODUCTS PARTNERS COM 293792107   26,744,491 916,535 SH   SOLE   916,535 0 0
FIDELIS INSURANCE HOLDINGS L COM G3398L118   39,203,948 2,012,523 SH   SOLE   2,012,523 0 0
FINANCE OF AMERICA COS INC COM CL A 31738L107   4,410,600 6,000,000 SH   SOLE   6,000,000 0 0
FISERV INC COM 337738108   76,713,600 480,000 SH   SOLE   480,000 0 0
FRANKLIN TEMPLETON ETF TR FTSE CANADA 35473P827   199,468 5,750 SH   SOLE   5,750 0 0
GANNETT CO INC COM 36472T109   9,685,319 3,969,393 SH   SOLE   3,969,393 0 0
ISHARES TR CORE MSCI EURO 46434V738   2,220,746 38,388 SH   SOLE   38,388 0 0
ISHARES INC MSCI CDA ETF 464286509   479,687 12,531 SH   SOLE   12,531 0 0
ISHARES TR MSCI EAFE ETF 464287465   4,866,429 60,937 SH   SOLE   60,937 0 0
ISHARES INC MSCI JPN ETF 46434G822   1,020,662 14,305 SH   SOLE   14,305 0 0
ISHARES INC MSCI PAC JP ETF 464286665   325,784 7,610 SH   SOLE   7,610 0 0
ISHARES INC MSCI WORLD ETF 464286392   482,405 3,329 SH   SOLE   3,329 0 0
KBR INC COM 48242W106   35,013,000 550,000 SH   SOLE   550,000 0 0
LAS VEGAS SANDS CORP COM 517834107   67,727,000 1,310,000 SH   SOLE   1,310,000 0 0
LITHIA MOTORS INC COM 536797103   125,183,333 416,085 SH   SOLE   416,085 0 0
MADISON SQUARE GARDEN SPORTS CL A 55825T103   3,690,400 20,000 SH   SOLE   20,000 0 0
MANCHESTER UNITED PLC ORD CL A G5784H106   26,698,430 1,912,495 SH   SOLE   1,912,495 0 0
MICROSOFT CORP COM 594918104   103,373,008 245,705 SH   SOLE   245,705 0 0
MIRION TECHNOLOGIES INC COM CL A 60471A101   85,427,358 7,513,400 SH   SOLE   7,513,400 0 0
MOTOROLA SOLUTIONS INC COM 620076307   35,498,000 100,000 SH   SOLE   100,000 0 0
MP MATERIALS CORP COM CL A 553368101   34,320,000 2,400,000 SH   SOLE   2,400,000 0 0
MR COOPER GROUP INC COM 62482R107   238,059,300 3,054,000 SH   SOLE   3,054,000 0 0
BLUE OWL CAPITAL CORP COM 69121K104   184,560 12,000 SH   SOLE   12,000 0 0
ONEMAIN HOLDINGS INC COM 68268W103   3,209,678 62,824 SH   SOLE   62,824 0 0
PHX MINERALS INC CL A 69291A100   30,520 8,950 SH   SOLE   8,950 0 0
REGAL REXNORD CORP COM 758750103   108,060,000 600,000 SH   SOLE   600,000 0 0
SEA LTD SPONSORD ADS 81141R100   12,890,400 240,000 SH   SOLE   240,000 0 0
SUNOPTA INC COM 8676EP108   34,246,950 4,985,000 SH   SOLE   4,985,000 0 0
THE CIGNA GROUP COM 125523100   98,299,189 270,655 SH   SOLE   270,655 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874   1,662,827 24,693 SH   SOLE   24,693 0 0
VANGUARD SCOTTSDALE FDS INTER TERM TRES 92206C706   1,465,448 25,029 SH   SOLE   25,029 0 0
VANGUARD INDEX FDS S&P 500 EFT SHS 922908363   21,714,661 45,173 SH   SOLE   45,173 0 0
VANGUARD MUN BD FDS TAX EXEMPT BD 922907746   651,526 12,876 SH   SOLE   12,876 0 0
VERTIV HOLDINGS CO COM CL A 92537N108   171,507,000 2,100,000 SH   SOLE   2,100,000 0 0
WILLSCOT MOBILE MINI HOLDING COM CL A 971378104   138,918,750 2,987,500 SH   SOLE   2,987,500 0 0