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
3M Co COM 88579y101   1,323,865 12,110 SH   SOLE   12,110 0 0
Abbott Laboratories COM 002824100   612,540 5,565 SH   SOLE   5,565 0 0
AbbVie Inc COM 00287y109   2,586,759 16,692 SH   SOLE   16,692 0 0
Adobe Inc COM 00724f101   250,572 420 SH   SOLE   420 0 0
Alerus Financial Corp COM 01446u103   1,347,990 60,205 SH   SOLE   60,205 0 0
Alphabet Inc Cap Stock Cl C COM 02079k107   1,563,618 11,095 SH   SOLE   11,095 0 0
Amazon.com Inc COM 023135106   209,677 1,380 SH   SOLE   1,380 0 0
American Express Co COM 025816109   872,817 4,659 SH   SOLE   4,659 0 0
Apellis Pharmaceuticals Inc COM 03753u106   957,999 16,004 SH   SOLE   16,004 0 0
Apple Inc COM 037833100   1,530,613 7,950 SH   SOLE   7,950 0 0
Banc Of California Inc COM 05990k106   1,522,761 113,385 SH   SOLE   113,385 0 0
Bancorp Inc COM 05969a105   6,393,441 165,805 SH   SOLE   165,805 0 0
Bank America Corp COM 060505104   956,262 28,401 SH   SOLE   28,401 0 0
Bank Hawaii Corp COM 062540109   286,000 3,947 SH   SOLE   3,947 0 0
Banner Corp COM 06652v208   733,076 13,687 SH   SOLE   13,687 0 0
Berkshire Hathaway Inc Cl B COM 084670702   2,237,685 6,274 SH   SOLE   6,274 0 0
Blackstone Group Inc Cl A COM 09260d107   970,641 7,414 SH   SOLE   7,414 0 0
Boeing Co COM 097023105   1,404,697 5,389 SH   SOLE   5,389 0 0
Bridgewater Bancshares Inc Acc COM 108621103   543,301 40,185 SH   SOLE   40,185 0 0
Bristol-Myers Squibb Co COM 110122108   2,001,193 39,002 SH   SOLE   39,002 0 0
Brown Forman Corp Cl A COM 115637100   781,106 13,108 SH   SOLE   13,108 0 0
Brown Forman Corp Cl B COM 115637209   934,727 16,370 SH   SOLE   16,370 0 0
Cambridge Bancorp COM 132152109   1,334,562 19,230 SH   SOLE   19,230 0 0
Caterpillar Inc COM 149123101   739,175 2,500 SH   SOLE   2,500 0 0
Central Securities Corp COM 155123102   226,620 6,000 SH   SOLE   6,000 0 0
CF Industries Holdings Inc COM 125269100   1,115,146 14,027 SH   SOLE   14,027 0 0
Chevron Corp COM 166764100   3,300,016 22,124 SH   SOLE   22,124 0 0
Chubb Limited COM h1467j104   1,226,728 5,428 SH   SOLE   5,428 0 0
Cincinnati Financial Corp COM 172062101   234,854 2,270 SH   SOLE   2,270 0 0
Cisco Systems Inc COM 17275r102   834,742 16,523 SH   SOLE   16,523 0 0
Citigroup Inc COM 172967424   2,018,197 39,234 SH   SOLE   39,234 0 0
Coca-Cola Co COM 191216100   400,665 6,799 SH   SOLE   6,799 0 0
Colgate Palmolive Co COM 194162103   778,846 9,771 SH   SOLE   9,771 0 0
Columbia Banking Systems Inc COM 197236102   821,744 30,800 SH   SOLE   30,800 0 0
ConocoPhillips COM 20825c104   2,271,142 19,567 SH   SOLE   19,567 0 0
Coterra Energy Inc COM 127097103   1,673,729 65,585 SH   SOLE   65,585 0 0
Danaher Corp COM 235851102   217,691 941 SH   SOLE   941 0 0
Darden Restaurants Inc COM 237194105   229,198 1,395 SH   SOLE   1,395 0 0
Davita Inc COM 23918k108   1,636,142 15,618 SH   SOLE   15,618 0 0
Deere & Co COM 244199105   1,005,673 2,515 SH   SOLE   2,515 0 0
Diamondback Energy Inc COM 25278x109   1,973,393 12,725 SH   SOLE   12,725 0 0
Disney Walt Co Disney COM 254687106   802,046 8,883 SH   SOLE   8,883 0 0
Draftkings Inc Cl A COM 26142v105   1,253,631 35,564 SH   SOLE   35,564 0 0
Eagle Bulk Shipping Inc Com COM y2187a150   340,433 6,145 SH   SOLE   6,145 0 0
Enbridge Inc COM 29250n105   606,973 16,851 SH   SOLE   16,851 0 0
EOG Resources Inc COM 26875p101   1,622,907 13,418 SH   SOLE   13,418 0 0
Eterna Therapeutics Inc COM 114082209   97,020 54,050 SH   SOLE   54,050 0 0
Evgo Inc Cl A COM 30052f100   42,960 12,000 SH   SOLE   12,000 0 0
Exxon Mobil Corp COM 30231g102   1,616,677 16,170 SH   SOLE   16,170 0 0
First Acceptance Corp COM 318457108   61,480 29,000 SH   SOLE   29,000 0 0
GE Healthcare Technologies Inc COM 36266g107   1,306,011 16,891 SH   SOLE   16,891 0 0
General Dynamics Corp COM 369550108   696,435 2,682 SH   SOLE   2,682 0 0
General Electric Co Com New COM 369604301   2,265,177 17,748 SH   SOLE   17,748 0 0
General Mills Inc COM 370334104   1,199,097 18,408 SH   SOLE   18,408 0 0
General Motors Co COM 37045v100   208,947 5,817 SH   SOLE   5,817 0 0
Gilead Sciences Inc COM 375558103   1,724,541 21,288 SH   SOLE   21,288 0 0
Goodyear Tire & Rubber Co COM 382550101   1,595,563 111,422 SH   SOLE   111,422 0 0
Heartland Financial USA Inc COM 42234q102   541,659 14,402 SH   SOLE   14,402 0 0
Hershey Co COM 427866108   344,914 1,850 SH   SOLE   1,850 0 0
Home Depot Inc COM 437076102   801,224 2,312 SH   SOLE   2,312 0 0
Honeywell Intl Inc COM 438516106   775,927 3,700 SH   SOLE   3,700 0 0
Illinois Tool Works Inc COM 452308109   248,843 950 SH   SOLE   950 0 0
Johnson & Johnson COM 478160104   1,065,989 6,801 SH   SOLE   6,801 0 0
JPMorgan Chase & Co COM 46625h100   2,014,494 11,843 SH   SOLE   11,843 0 0
Kinder Morgan Inc COM 49456b101   1,026,824 58,210 SH   SOLE   58,210 0 0
Lennar Corp Cl A COM 526057104   2,740,548 18,388 SH   SOLE   18,388 0 0
Lilly Eli & Co COM 532457108   2,726,317 4,677 SH   SOLE   4,677 0 0
Lockheed Martin Corp COM 539830109   1,159,841 2,559 SH   SOLE   2,559 0 0
Merck & Co Inc COM 58933y105   2,503,638 22,965 SH   SOLE   22,965 0 0
MGM Resorts International COM 552953101   2,356,423 52,740 SH   SOLE   52,740 0 0
Microsoft Corp COM 594918104   882,566 2,347 SH   SOLE   2,347 0 0
MidWestOne Financial Group Inc COM 598511103   590,271 21,935 SH   SOLE   21,935 0 0
Morgan Stanley COM 617446448   599,505 6,429 SH   SOLE   6,429 0 0
NVR Inc COM 62944t105   3,780,243 540 SH   SOLE   540 0 0
Onemain Holdings Inc COM 68268w103   1,638,557 33,304 SH   SOLE   33,304 0 0
Oneok Inc COM 682680103   216,348 3,081 SH   SOLE   3,081 0 0
Oracle Corp COM 68389x105   619,718 5,878 SH   SOLE   5,878 0 0
Pathward Financial Inc COM 59100u108   1,250,207 23,620 SH   SOLE   23,620 0 0
PepsiCo Inc COM 713448108   817,440 4,813 SH   SOLE   4,813 0 0
Pfizer Inc COM 717081103   1,961,866 68,144 SH   SOLE   68,144 0 0
Phillips 66 COM 718546104   210,627 1,582 SH   SOLE   1,582 0 0
Pinnacle Financial Partners In COM 72346q104   660,691 7,575 SH   SOLE   7,575 0 0
Pioneer Natural Resources Co COM 723787107   1,564,040 6,955 SH   SOLE   6,955 0 0
Price T Rowe Group Inc COM 74144t108   1,862,499 17,295 SH   SOLE   17,295 0 0
Procter And Gamble Co COM 742718109   431,414 2,944 SH   SOLE   2,944 0 0
QCR Holdings Inc COM 74727a104   863,588 14,790 SH   SOLE   14,790 0 0
Rtx Corporation Com COM 75513e101   1,492,055 17,733 SH   SOLE   17,733 0 0
Select Med Holdings Corp COM 81619q105   213,615 9,090 SH   SOLE   9,090 0 0
SM Energy Co COM 78454l100   681,472 17,600 SH   SOLE   17,600 0 0
Star Bulk Carriers Corp Par COM y8162k204   303,912 14,295 SH   SOLE   14,295 0 0
Synovus Financial Corp COM 87161c501   330,492 8,778 SH   SOLE   8,778 0 0
Tesla Inc COM 88160r101   212,202 854 SH   SOLE   854 0 0
Textron Inc COM 883203101   201,050 2,500 SH   SOLE   2,500 0 0
Travelers Companies Inc COM 89417e109   337,548 1,772 SH   SOLE   1,772 0 0
Triumph Financial Inc COM 89679e300   2,858,658 35,653 SH   SOLE   35,653 0 0
Union Pacific Corp COM 907818108   288,603 1,175 SH   SOLE   1,175 0 0
Veritex Holdings Inc COM 923451108   2,078,011 89,300 SH   SOLE   89,300 0 0
VF Corp COM 918204108   228,138 12,135 SH   SOLE   12,135 0 0
Viatris Inc COM 92556v106   1,226,357 113,237 SH   SOLE   113,237 0 0
Visa Inc Cl A COM 92826c839   413,175 1,587 SH   SOLE   1,587 0 0
Vulcan Materials Co COM 929160109   311,004 1,370 SH   SOLE   1,370 0 0
W&T Offshore Inc COM 92922p106   37,327 11,450 SH   SOLE   11,450 0 0
Wells Fargo & Co COM 949746101   749,768 15,233 SH   SOLE   15,233 0 0
Western Alliance Bancorp COM 957638109   1,543,433 23,460 SH   SOLE   23,460 0 0
Zions Bancorporation COM 989701107   416,765 9,500 SH   SOLE   9,500 0 0
Total SA Sp ADS AD 89151e109   259,278 3,848 SH   SOLE   3,848 0 0
ETF Managers Group Commodity T COM 26923h200   118,490 10,250 SH   SOLE   10,250 0 0
Fidelity Tr 500 Index Ins Prem MF 315911750   2,894,472 17,490 SH   SOLE   17,490 0 0
Enterprise Products Partners L ML 293792107   515,274 19,555 SH   SOLE   19,555 0 0
Plains All American Pipeline L ML 726503105   493,663 32,585 SH   SOLE   32,585 0 0
Iron Mountain Inc RE 46284v101   1,867,556 26,687 SH   SOLE   26,687 0 0
Physicians Realty Trust RE 71943u104   516,042 38,771 SH   SOLE   38,771 0 0
Weyerhaeuser Co RE 962166104   823,597 23,687 SH   SOLE   23,687 0 0
S&P 500 Index Call Option 03/2 CALL 6457349WQ   657,640 8 SH   SOLE   8 0 0
S&P 500 Index Call Option 06/2 CALL 6602509QK   699,600 8 SH   SOLE   8 0 0
S&P Dow Jones Index Call Optio PUT 6760369TR   743,920 8 SH   SOLE   8 0 0
S&P Dow Jones Index Put Option PUT 6760369HD   212,960 8 SH   SOLE   8 0 0