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
3M CO Common 88579Y951 7,049 40,000 SH Put SOLE   40,000 0 0
AERCAP HOLDINGS NV Common N00985106 9,623 250,000 SH   SOLE   250,000 0 0
AETNA INC Common 00817Y108 647 5,600 SH   SOLE   5,600 0 0
ALAMOS GOLD INC-CLASS A Common 011532108 7,516 913,634 SH   SOLE   913,634 0 0
ALLISON TRANSMISSION HOLDING Common 01973R101 6,453 225,000 SH   SOLE   225,000 0 0
AMERICAN AIRLINES GROUP INC Common 02376R102 480 13,100 SH   SOLE   13,100 0 0
AMERICAN EXPRESS CO Common 025816109 961 15,000 SH   SOLE   15,000 0 0
AMERICAN EXPRESS CO Common 025816909 961 15,000 SH Call SOLE   15,000 0 0
AMERICAN EXPRESS CO Common 025816959 5,123 80,000 SH Put SOLE   80,000 0 0
AMERICAN INTERNATIONAL GROUP Common 026874784 264 4,450 SH   SOLE   4,450 0 0
AMKOR TECHNOLOGY INC Common 031652100 583 60,000 SH   SOLE   60,000 0 0
ANADARKO PETROLEUM CORP Common 032511107 716 11,300 SH   SOLE   11,300 0 0
ANTHEM INC Common 036752103 388 3,100 SH   SOLE   3,100 0 0
ARC DOCUMENT SOLUTIONS INC Common 00191G103 62 16,556 SH   SOLE   16,556 0 0
ARRIS INTERNATIONAL PLC Common G0551A103 206 7,281 SH   SOLE   7,281 0 0
ASANKO GOLD INC Common 04341Y105 9,190 2,193,787 SH   SOLE   2,193,787 0 0
AVNET INC Common 053807103 249 6,075 SH   SOLE   6,075 0 0
AXALTA COATING SYSTEMS LTD Common G0750c108 19,789 700,000 SH   SOLE   700,000 0 0
AXIS CAPITAL HOLDINGS LTD Common G0692U109 201 3,700 SH   SOLE   3,700 0 0
BANK OF AMERICA CORP Common 060505104 310 19,818 SH   SOLE   19,818 0 0
BANK OF AMERICA CORP Warrant 060505153 1,956 125,000 SH   SOLE   125,000 0 0
BANK OF NEW YORK MELLON CORP Common 064058950 3,988 100,000 SH Put SOLE   100,000 0 0
BARRICK GOLD CORP Common 067901108 7,363 415,495 SH   SOLE   415,495 0 0
BARRICK GOLD CORP Common 067901908 8,860 500,000 SH Call SOLE   500,000 0 0
BARRICK GOLD CORP Common 067901958 5,316 300,000 SH Put SOLE   300,000 0 0
BROOKDALE SENIOR LIVING INC Common 112463104 205 11,770 SH   SOLE   11,770 0 0
BWP COMMON UNITS Common 096627104 2,155,058 125,586,133 SH   SOLE   125,586,133 0 0
CALATLANTIC GROUP INC Common 128195104 435 13,000 SH   SOLE   13,000 0 0
CAMECO CORP Common 13321L108 342 40,000 SH   SOLE   40,000 0 0
CAMECO CORP Common 13321L958 1,027 120,000 SH Put SOLE   120,000 0 0
CAPITAL ONE FINANCIAL CORP Common 14040H105 223 3,100 SH   SOLE   3,100 0 0
CARMAX INC Common 143130102 10,403 195,000 SH   SOLE   195,000 0 0
CARMAX INC Common 143130952 5,335 100,000 SH Put SOLE   100,000 0 0
CENOVUS ENERGY INC Common 15135U109 169 11,775 SH   SOLE   11,775 0 0
CF INDUSTRIES HOLDINGS INC Common 125269100 9,984 410,000 SH   SOLE   410,000 0 0
CHEVRON CORP Common 166764950 12,350 120,000 SH Put SOLE   120,000 0 0
CISCO SYSTEMS INC Common 17275R102 15,860 500,000 SH   SOLE   500,000 0 0
CITIGROUP INC Common 172967424 974 20,633 SH   SOLE   20,633 0 0
CITIGROUP INC Common 172967954 4,723 100,000 SH Put SOLE   100,000 0 0
CLIFFS NATURAL RESOURCES INC Common 18683K951 585 100,000 SH Put SOLE   100,000 0 0
CLOUD PEAK ENERGY INC Common 18911Q102 3,264 600,000 SH   SOLE   600,000 0 0
CNA FINANCIAL CORP Common 126117100 8,349,579 242,649,773 SH   SOLE   242,649,773 0 0
CNO FINANCIAL GROUP INC Common 12621E103 293 19,200 SH   SOLE   19,200 0 0
COMCAST CORP-CLASS A Common 20030N101 232 3,500 SH   SOLE   3,500 0 0
COMSTOCK MINING INC Common 205750102 586 1,584,982 SH   SOLE   1,584,982 0 0
CORNING INC Common 219350105 680 28,750 SH   SOLE   28,750 0 0
COVANTA HOLDING CORP Common 22282E102 373 24,246 SH   SOLE   24,246 0 0
CSX CORP Common 126408103 244 8,000 SH   SOLE   8,000 0 0
DELTA AIR LINES INC Common 247361702 571 14,510 SH   SOLE   14,510 0 0
DEVON ENERGY CORP Common 25179M103 454 10,300 SH   SOLE   10,300 0 0
DIAMOND OFFSHORE DRILLING Common 25271C102 1,287,626 73,119,047 SH   SOLE   73,119,047 0 0
DOLLAR GENERAL CORP Common 256677105 9,799 140,000 SH   SOLE   140,000 0 0
DOVER CORP Common 260003108 217 2,950 SH   SOLE   2,950 0 0
DOW CHEMICAL CO/THE Common 260543103 418 8,065 SH   SOLE   8,065 0 0
DU PONT E.I. DE NEMOURS Common 263534959 9,376 140,000 SH Put SOLE   140,000 0 0
EATON CORP PLC Common G29183103 498 7,575 SH   SOLE   7,575 0 0
ELI LILLY & CO Common 532457958 3,210 40,000 SH Put SOLE   40,000 0 0
EOG RESOURCES INC Common 26875P101 309 3,200 SH   SOLE   3,200 0 0
EXETER RESOURCE CORP Common 301835104 3,093 2,388,663 SH   SOLE   2,388,663 0 0
EXPRESS SCRIPTS HOLDING CO Common 30219G108 46,550 660,000 SH   SOLE   660,000 0 0
EZCORP INC-CL A Common 302301106 160 14,438 SH   SOLE   14,438 0 0
FEDEX CORP Common 31428X106 830 4,750 SH   SOLE   4,750 0 0
FIRST CITIZENS BCSHS -CL A Common 31946M103 203 690 SH   SOLE   690 0 0
FIRST HORIZON NATIONAL CORP Common 320517105 214 14,073 SH   SOLE   14,073 0 0
FORD MOTOR CO Common 345370860 180 14,875 SH   SOLE   14,875 0 0
FRANKLIN RESOURCES INC Common 354613101 246 6,925 SH   SOLE   6,925 0 0
FUELCELL ENERGY INC Common 35952H502 80 14,832 SH   SOLE   14,832 0 0
GENERAL MOTORS CO. Common 37045V100 11,648 366,620 SH   SOLE   366,620 0 0
GENERAL MOTORS CO. Warrant 37045V126 1,296 40,800 SH   SOLE   40,800 0 0
GENERAL MOTORS CO. Common 37045V950 3,812 120,000 SH Put SOLE   120,000 0 0
GOLAR LNG LTD Common G9456A100 221 10,438 SH   SOLE   10,438 0 0
GOLDCORP INC Common 380956409 1,322 80,000 SH   SOLE   80,000 0 0
GOLDCORP INC Common 380956909 3,965 240,000 SH Call SOLE   240,000 0 0
GOLDMAN SACHS GROUP INC Common 38141G104 472 2,925 SH   SOLE   2,925 0 0
GOVERNMENT PROPERTIES INCOME Common 38376A103 243 10,726 SH   SOLE   10,726 0 0
GRANITE REAL ESTATE INVESTMENT Common 387437114 274 8,945 SH   SOLE   8,945 0 0
HALLIBURTON CO Common 406216951 4,488 100,000 SH Put SOLE   100,000 0 0
HARSCO CORP Common 415864107 131 13,145 SH   SOLE   13,145 0 0
HCA HOLDINGS INC Common 40412C101 22,689 300,000 SH   SOLE   300,000 0 0
HEWLETT PACKARD ENTERPRIS Common 42824C109 401 17,620 SH   SOLE   17,620 0 0
HP INC Common 40434L105 217 13,970 SH   SOLE   13,970 0 0
ICONIX BRAND GROUP INC Common 451055107 201 24,701 SH   SOLE   24,701 0 0
ILLUMINA INC Common 452327959 3,633 20,000 SH Put SOLE   20,000 0 0
INFINERA CORP Common 45667G103 3,883 430,000 SH   SOLE   430,000 0 0
INFINERA CORP Common 45667G953 1,716 190,000 SH Put SOLE   190,000 0 0
INGERSOLL-RAND PLC Common G47791951 2,718 40,000 SH Put SOLE   40,000 0 0
INNOSPEC INC Common 45768S105 285 4,692 SH   SOLE   4,692 0 0
JIVE SOFTWARE INC Common 47760A108 143 33,673 SH   SOLE   33,673 0 0
JOHNSON & JOHNSON Common 478160104 13,234 112,025 SH   SOLE   112,025 0 0
JOHNSON & JOHNSON Common 478160954 11,813 100,000 SH Put SOLE   100,000 0 0
JOY GLOBAL INC Common 481165108 211 7,595 SH   SOLE   7,595 0 0
JPMORGAN CHASE & CO Common 46625H100 836 12,558 SH   SOLE   12,558 0 0
JPMORGAN CHASE & CO Common 46625H950 2,664 40,000 SH Put SOLE   40,000 0 0
KBR INC Common 48242W106 394 26,013 SH   SOLE   26,013 0 0
KLONDEX MINES LTD Common 498696103 3,299 574,409 SH   SOLE   574,409 0 0
LAMAR ADVERTISING CO-A Common 512816109 204 3,125 SH   SOLE   3,125 0 0
LIBERTY INTERACTIVE CORP Q-A Common 53071M104 12,706 635,000 SH   SOLE   635,000 0 0
LINCOLN NATIONAL CORP Common 534187109 634 13,500 SH   SOLE   13,500 0 0
LKQ CORP Common 501889208 10,106 285,000 SH   SOLE   285,000 0 0
LYONDELLBASELL INDU-CL A Common N53745100 8,510 105,500 SH   SOLE   105,500 0 0
MACY'S INC Common 55616P954 2,223 60,000 SH Put SOLE   60,000 0 0
MAG SILVER CORP Common 55903Q104 2,397 159,203 SH   SOLE   159,203 0 0
METLIFE INC Common 59156R108 201 4,525 SH   SOLE   4,525 0 0
MICROSOFT CORP Common 594918104 15,577 270,428 SH   SOLE   270,428 0 0
MONSANTO CO Common 61166W101 263 2,575 SH   SOLE   2,575 0 0
MORGAN STANLEY Common 617446448 285 8,904 SH   SOLE   8,904 0 0
MTS SYSTEMS CORP Common 553777103 12,658 275,000 SH   SOLE   275,000 0 0
MURPHY OIL CORP Common 626717102 334 11,000 SH   SOLE   11,000 0 0
NEW SENIOR INVESTMENT GROUP Common 648691103 336 29,080 SH   SOLE   29,080 0 0
NEWMONT MINING CORP Common 651639906 3,929 100,000 SH Call SOLE   100,000 0 0
NOVAGOLD RESOURCES INC Common 66987E206 74 13,166 SH   SOLE   13,166 0 0
OCCIDENTAL PETROLEUM CORP Common 674599105 372 5,108 SH   SOLE   5,108 0 0
OMNICOM GROUP Common 681919106 238 2,800 SH   SOLE   2,800 0 0
ON SEMICONDUCTOR CORP Common 682189105 382 31,038 SH   SOLE   31,038 0 0
ORACLE CORP Common 68389X105 1,053 26,810 SH   SOLE   26,810 0 0
PAN AMERICAN SILVER CORP Common 697900108 237 13,486 SH   SOLE   13,486 0 0
PARK STERLING CORP Common 70086Y105 159 19,615 SH   SOLE   19,615 0 0
PFIZER INC Common 717081103 13,707 404,687 SH   SOLE   404,687 0 0
PFIZER INC Common 717081953 3,387 100,000 SH Put SOLE   100,000 0 0
PNC FINANCIAL SERVICES GROUP Common 693475955 2,703 30,000 SH Put SOLE   30,000 0 0
PRETIUM RESOURCES INC Common 74139C102 7,551 736,029 SH   SOLE   736,029 0 0
REALOGY HOLDINGS CORP Common 75605Y106 16,421 635,000 SH   SOLE   635,000 0 0
REINSURANCE GROUP OF AMERICA Common 759351604 486 4,500 SH   SOLE   4,500 0 0
ROYAL DUTCH SHELL-SPON ADR-A Common 780259206 340 6,799 SH   SOLE   6,799 0 0
SCHWAB CHARLES CORP Common 808513105 2,526 80,000 SH   SOLE   80,000 0 0
SCHWAB CHARLES CORP Common 808513955 3,157 100,000 SH Put SOLE   100,000 0 0
SCIENCE APPLICATIONS INTE Common 808625107 233 3,354 SH   SOLE   3,354 0 0
SEAGATE TECHNOLOGY Common G7945M107 271 7,025 SH   SOLE   7,025 0 0
SILVER STANDARD RESOURCES Common 82823L106 4,982 413,118 SH   SOLE   413,118 0 0
SOTHEBY'S Common 835898957 3,802 100,000 SH Put SOLE   100,000 0 0
STAPLES INC Common 855030102 201 23,523 SH   SOLE   23,523 0 0
SUPERIOR ENERGY SERVICES INC Common 868157108 216 12,075 SH   SOLE   12,075 0 0
TEEKAY TANKERS LTD-CLASS A Common Y8565N102 156 61,790 SH   SOLE   61,790 0 0
TEREX CORP Common 880779103 397 15,625 SH   SOLE   15,625 0 0
The Walt Disney Co. Common 254687956 3,714 40,000 SH Put SOLE   40,000 0 0
TIFFANY & CO Common 886547958 4,358 60,000 SH Put SOLE   60,000 0 0
TIME WARNER INC Common 887317953 4,777 60,000 SH Put SOLE   60,000 0 0
TIMMINS GOLD CORP Common 88741P103 608 1,308,915 SH   SOLE   1,308,915 0 0
TRAVELERS COS INC Common 89417E109 452 3,950 SH   SOLE   3,950 0 0
TRIBUNE MEDIA CO - A Common 896047503 389 10,652 SH   SOLE   10,652 0 0
TUPPERWARE BRANDS CORP Common 899896104 234 3,582 SH   SOLE   3,582 0 0
UBS GROUP AG-REG Common H42097107 145 10,625 SH   SOLE   10,625 0 0
UNION PACIFIC CORP Common 907818958 7,802 80,000 SH Put SOLE   80,000 0 0
UNITED PARCEL SERVICE-CL B Common 911312956 3,281 30,000 SH Put SOLE   30,000 0 0
UNITED TECHNOLOGIES CORP Common 913017959 4,064 40,000 SH Put SOLE   40,000 0 0
VANECK VECTORS JUNIOR GOLD M Common 92189F791 7,972 180,000 SH   SOLE   180,000 0 0
VIRTUS INVESTMENT PARTNERS Common 92828Q109 234 2,387 SH   SOLE   2,387 0 0
VISTA GOLD CORP Common 927926303 3,395 3,203,217 SH   SOLE   3,203,217 0 0
VORNADO REALTY TRUST Common 929042109 316 3,127 SH   SOLE   3,127 0 0
VOYA FINANCIAL INC Common 929089100 285 9,900 SH   SOLE   9,900 0 0
WALGREENS BOOTS ALLIANCE INC Common 931427108 2,419 30,000 SH   SOLE   30,000 0 0
WALGREENS BOOTS ALLIANCE INC Common 931427958 11,287 140,000 SH Put SOLE   140,000 0 0
WAL-MART STORES INC Common 931142103 207 2,875 SH   SOLE   2,875 0 0
WELLS FARGO & CO Common 949746951 3,542 80,000 SH Put SOLE   80,000 0 0
WESTERN DIGITAL CORP Common 958102105 23,675 404,910 SH   SOLE   404,910 0 0
WESTERN DIGITAL CORP Common 958102905 5,847 100,000 SH Call SOLE   100,000 0 0
WHOLE FOODS MARKET INC Common 966837956 2,835 100,000 SH Put SOLE   100,000 0 0
WILLIS TOWERS WATSON PLC Common G96629103 21,243 160,000 SH   SOLE   160,000 0 0