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
AMC ENTMT HLDGS INC CL A COM 00165C104 355 11,300 SH   OTR 0 0 0 0
AT&T INC COM 00206R102 404 9,719 SH   OTR 0 0 0 0
ABRAXAS PETE CORP COM 003830106 143 71,000 SH   OTR 0 0 0 0
ACTIVISION BLIZZARD INC COM 00507V109 7,691 154,259 SH   OTR 0 0 0 0
Alcoa Corp COM 013872106 1,176 34,178 SH   OTR 0 0 0 0
Allegheny Technologies Inc. COM 01741R102 251 14,000 SH   OTR 0 0 0 0
ALLIED MOTION TECHNOLOGIES I COM 019330109 322 16,000 SH   OTR 0 0 0 0
Allstate Corp COM 020002101 10,460 128,359 SH   OTR 0 0 0 0
ALLY FINL INC COM 02005N100 5,581 274,502 SH   OTR 0 0 0 0
ALPHABET INC CAP STK CL C 02079K107 7,687 9,266 SH   OTR 0 0 0 0
Amazon Com Inc COM 023135106 12,678 14,301 SH   OTR 0 0 0 0
Ameren Corp COM 023608102 284 5,204 SH   OTR 0 0 0 0
American Intl Group Inc COM NEW 026874784 331 5,300 SH   OTR 0 0 0 0
AMERICAN TOWER CORP NEW COM 03027X100 5,352 44,031 SH   OTR 0 0 0 0
ANALOG DEVICES INC COM 032654105 3,633 44,335 SH   OTR 0 0 0 0
Apache Corp COM 037411105 1,077 20,956 SH   OTR 0 0 0 0
APOGEE ENTERPRISES INC COM 037598109 984 16,500 SH   OTR 0 0 0 0
APPLE INC COM 037833100 16,415 114,266 SH   OTR 0 0 0 0
Aramark COM 03852U106 2,961 80,319 SH   OTR 0 0 0 0
Arconic Inc COM 03965l100 2,717 103,159 SH   OTR 0 0 0 0
BMC STK HLDGS INC COM 05591B109 994 44,000 SH   OTR 0 0 0 0
Berkshire Hathaway Inc Del CL A 084670108 999 4 SH   OTR 0 0 0 0
Berkshire Hathaway Inc Del CL B NEW 084670702 5,244 31,459 SH   OTR 0 0 0 0
BOINGO WIRELESS INC COM 09739C102 364 28,000 SH   OTR 0 0 0 0
CUI GLOBAL INC COM NEW 126576206 727 153,330 SH   OTR 0 0 0 0
CARRIZO OIL & GAS INC COM 144577103 367 12,800 SH   OTR 0 0 0 0
Carrols Restaurant Group Inc COM 14574X104 566 40,000 SH   OTR 0 0 0 0
Chevron Corp New COM 166764100 345 3,216 SH   OTR 0 0 0 0
CIENA CORP COM NEW 171779309 610 25,850 SH   OTR 0 0 0 0
COHERUS BIOSCIENCES INC COM 19249H103 423 20,000 SH   OTR 0 0 0 0
COMCAST CORP NEW CL A 20030N101 11,456 304,758 SH   OTR 0 0 0 0
CONCHO RES INC COM 20605P101 2,265 17,652 SH   OTR 0 0 0 0
COOPER COS INC COM NEW 216648402 2,378 11,899 SH   OTR 0 0 0 0
COVENANT TRANSN GROUP INC CL A 22284P105 451 24,000 SH   OTR 0 0 0 0
COWEN GROUP INC NEW CL A NEW 223622606 374 25,000 SH   OTR 0 0 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 6,460 140,548 SH   OTR 0 0 0 0
Descartes Sys Group Inc COM 249906108 389 17,000 SH   OTR 0 0 0 0
DEVON ENERGY CORP NEW COM 25179M103 3,347 80,233 SH   OTR 0 0 0 0
Diageo PLC SPON ADR NEW 25243Q205 5,545 47,974 SH   OTR 0 0 0 0
DINEEQUITY INC COM 254423106 389 7,150 SH   OTR 0 0 0 0
DOW CHEM CO COM 260543103 211 3,325 SH   OTR 0 0 0 0
Du Pont E I De Nemours & Co COM 263534109 321 4,002 SH   OTR 0 0 0 0
DULUTH HLDGS INC COM CL B 26443V101 373 17,500 SH   OTR 0 0 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 367 23,000 SH   OTR 0 0 0 0
Exxon Mobil Corp COM 30231G102 2,079 25,351 SH   OTR 0 0 0 0
FMC Corp COM NEW 302491303 4,984 71,617 SH   OTR 0 0 0 0
FITBIT INC CL A 33812L102 166 28,000 SH   OTR 0 0 0 0
Flowserve Corp COM 34354P105 2,666 55,069 SH   OTR 0 0 0 0
Franklin Resources Inc COM 354613101 468 11,110 SH   OTR 0 0 0 0
Gabelli Divd & Income Tr COM 36242H104 269 12,900 SH   OTR 0 0 0 0
GASTAR EXPL INC NEW COM 36729W202 193 125,000 SH   OTR 0 0 0 0
General Electric Co COM 369604103 5,404 181,355 SH   OTR 0 0 0 0
GENERAL MTRS CO COM 37045V100 6,574 185,908 SH   OTR 0 0 0 0
GENESEE & WYO INC CL A 371559105 626 9,218 SH   OTR 0 0 0 0
GILEAD SCIENCES INC COM 375558103 3,997 58,854 SH   OTR 0 0 0 0
HD SUPPLY HLDGS INC COM 40416M105 7,254 176,380 SH   OTR 0 0 0 0
Honeywell Intl Inc COM 438516106 6,614 52,964 SH   OTR 0 0 0 0
Intel Corp COM 458140100 3,442 95,421 SH   OTR 0 0 0 0
International Business Machs COM 459200101 324 1,863 SH   OTR 0 0 0 0
JPMORGAN CHASE & CO COM 46625H100 351 4,000 SH   OTR 0 0 0 0
Johnson & Johnson COM 478160104 10,522 84,483 SH   OTR 0 0 0 0
Kansas City Southern COM NEW 485170302 6,154 71,756 SH   OTR 0 0 0 0
KINDER MORGAN INC DEL COM 49456B101 3,154 145,063 SH   OTR 0 0 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 954 31,400 SH   OTR 0 0 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 623 15,800 SH   OTR 0 0 0 0
Lowe's Companies COM 548661107 4,605 56,017 SH   OTR 0 0 0 0
LYON WILLIAM HOMES CL A NEW 552074700 412 20,000 SH   OTR 0 0 0 0
MDC PARTNERS INC CL A SUB VTG 552697104 188 20,000 SH   OTR 0 0 0 0
MGM RESORTS INTERNATIONAL COM 552953101 5,430 198,185 SH   OTR 0 0 0 0
MGP INGREDIENTS INC NEW COM 55303J106 868 16,000 SH   OTR 0 0 0 0
Magellan Midstream Prtnrs LP COM UNIT RP LP 559080106 720 9,358 SH   OTR 0 0 0 0
Marsh & McLennan Cos COM 571748102 4,549 61,571 SH   OTR 0 0 0 0
MAXLINEAR INC CL A 57776J100 1,142 40,700 SH   OTR 0 0 0 0
McDonald's Corp. COM 580135101 494 3,815 SH   OTR 0 0 0 0
Merck & Co Inc New COM 58933Y105 238 3,752 SH   OTR 0 0 0 0
MICROSOFT CORP COM 594918104 8,369 127,072 SH   OTR 0 0 0 0
MONDELEZ INTL INC CL A 609207105 4,986 115,739 SH   OTR 0 0 0 0
MORGAN STANLEY COM NEW 617446448 8,812 205,689 SH   OTR 0 0 0 0
National Amern Univ Hldgs Inc COM 63245Q105 37 15,000 SH   OTR 0 0 0 0
NEWELL BRANDS INC COM 651229106 3,972 84,213 SH   OTR 0 0 0 0
NEWPARK RES INC COM PAR $.01NEW 651718504 381 47,000 SH   OTR 0 0 0 0
NOBLE ENERGY INC COM 655044105 6,854 199,584 SH   OTR 0 0 0 0
Norfolk Southern Corp COM 655844108 2,037 18,195 SH   OTR 0 0 0 0
NOVADAQ TECHNOLOGIES INC COM 66987G102 226 29,000 SH   OTR 0 0 0 0
OOMA INC COM 683416101 199 20,000 SH   OTR 0 0 0 0
ORBCOMM INC COM 68555P100 258 27,000 SH   OTR 0 0 0 0
OUTFRONT MEDIA INC COM 69007J106 784 29,539 SH   OTR 0 0 0 0
Packaging Corp Amer COM 695156109 222 2,420 SH   OTR 0 0 0 0
PARATEK PHARMACEUTICALS INC COM 699374302 375 19,500 SH   OTR 0 0 0 0
Pepsico Inc COM 713448108 619 5,530 SH   OTR 0 0 0 0
Pfizer Inc COM 717081103 3,367 98,409 SH   OTR 0 0 0 0
Philip Morris Intl Inc COM 718172109 682 6,039 SH   OTR 0 0 0 0
PLATFORM SPECIALTY PRODS COR COM 72766Q105 260 20,000 SH   OTR 0 0 0 0
Potash Corp Sask Inc COM 73755L107 185 10,822 SH   OTR 0 0 0 0
Power Integrations Inc COM 739276103 565 8,600 SH   OTR 0 0 0 0
Price T Rowe Group Inc COM 74144T108 27,947 410,085 SH   OTR 0 0 0 0
Procter & Gamble COM 742718109 536 5,962 SH   OTR 0 0 0 0
PROOFPOINT INC COM 743424103 595 8,000 SH   OTR 0 0 0 0
Prudential Financial Inc. COM 744320102 10,756 100,823 SH   OTR 0 0 0 0
REAL IND INC COM 75601W104 162 57,000 SH   OTR 0 0 0 0
SPIRIT AIRLS INC COM 848577102 679 12,800 SH   OTR 0 0 0 0
Sprott Physical Gold Trust UNIT 85207H104 417 40,800 SH   OTR 0 0 0 0
STAPLES INC COM 855030102 5,123 584,144 SH   OTR 0 0 0 0
Starwood Ppty Tr Inc COM 85571B105 922 40,850 SH   OTR 0 0 0 0
SWIFT TRANSN CO CL A 87074U101 329 16,000 SH   OTR 0 0 0 0
SYNCHRONY FINL COM 87165B103 7,097 206,921 SH   OTR 0 0 0 0
Telephone & Data Sys Inc COM NEW 879433829 3,099 116,893 SH   OTR 0 0 0 0
TIME WARNER INC COM NEW 887317303 268 2,739 SH   OTR 0 0 0 0
Tortoise Energy Infrstrctr Corp COM 89147L100 300 8,587 SH   OTR 0 0 0 0
TOTAL S A SPONSORED ADR 89151E109 2,746 54,470 SH   OTR 0 0 0 0
U S SILICA HLDGS INC COM 90346E103 240 5,000 SH   OTR 0 0 0 0
Unilever N V NY SHS NEW 904784709 4,721 95,036 SH   OTR 0 0 0 0
UNION PAC CORP COM 907818108 280 2,648 SH   OTR 0 0 0 0
United Technologies COM 913017109 5,020 44,738 SH   OTR 0 0 0 0
UnitedHealth Group Inc COM 91324P102 2,811 17,139 SH   OTR 0 0 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 4,721 37,935 SH   OTR 0 0 0 0
Varian Medical Systems, Inc. COM 92220P105 215 2,360 SH   OTR 0 0 0 0
VISA INC COM CL A 92826C839 4,265 47,994 SH   OTR 0 0 0 0
WAGEWORKS INC COM 930427109 636 8,800 SH   OTR 0 0 0 0
WASTE MGMT INC DEL COM 94106L109 235 3,225 SH   OTR 0 0 0 0
WESTERN DIGITAL CORP COM 958102105 7,783 94,305 SH   OTR 0 0 0 0
Weyerhaeuser Co COM 962166104 16,352 481,223 SH   OTR 0 0 0 0
WHIRLPOOL CORP COM 963320106 7,237 42,240 SH   OTR 0 0 0 0
Williams Cos Inc. COM 969457100 5,997 202,680 SH   OTR 0 0 0 0
XPO LOGISTICS INC COM 983793100 3,099 64,717 SH   OTR 0 0 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 4,383 57,898 SH   OTR 0 0 0 0
AXALTA COATING SYS LTD COM G0750C108 4,502 139,813 SH   OTR 0 0 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 8,045 99,953 SH   OTR 0 0 0 0
Invesco Ltd SHS G491BT108 6,846 223,519 SH   OTR 0 0 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 7,873 224,695 SH   OTR 0 0 0 0
MEDTRONIC PLC SHS G5960L103 2,873 35,666 SH   OTR 0 0 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 482 17,250 SH   OTR 0 0 0 0
LYONDELLBASELL INDUSTRIES N SHS -A- N53745100 5,436 59,617 SH   OTR 0 0 0 0
NXP SEMICONDUCTORS N V COM N6596X109 2,995 28,934 SH   OTR 0 0 0 0
NAVIGATOR HOLDINGS LTD SHS Y62132108 344 25,000 SH   OTR 0 0 0 0