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
AERCAP HOLDINGS NV Common N00985106 16,715 360,000 SH   SOLE   360,000 0 0
AETNA INC Common 00817Y108 850 5,600 SH   SOLE   5,600 0 0
ALAMOS GOLD INC-CLASS A Common 011532108 4,999 705,267 SH   SOLE   705,267 0 0
ALIO GOLD INC Common 01627X108 593 130,891 SH   SOLE   130,891 0 0
ALLERGAN PLC Common G0177J108 10,939 45,000 SH   SOLE   45,000 0 0
ALPHABET INC-CL C Common 02079K107 500 550 SH   SOLE   550 0 0
AMERICAN AIRLINES GROUP INC Common 02376R102 659 13,100 SH   SOLE   13,100 0 0
AMERICAN AIRLINES GROUP INC Common 02376R952 5,032 100,000 SH Put SOLE   100,000 0 0
AMERICAN INTERNATIONAL GROUP Common 026874784 271 4,332 SH   SOLE   4,332 0 0
AMERICAN INTERNATIONAL GROUP Common 026874954 2,501 40,000 SH Put SOLE   40,000 0 0
ANADARKO PETROLEUM CORP Common 032511107 512 11,300 SH   SOLE   11,300 0 0
ANTHEM INC Common 036752103 8,108 43,100 SH   SOLE   43,100 0 0
ASANKO GOLD INC Common 04341Y105 3,804 2,478,379 SH   SOLE   2,478,379 0 0
ATHENE HOLDING LTD-CLASS A Common G0684D107 223 4,500 SH   SOLE   4,500 0 0
AVNET INC Common 053807103 366 9,401 SH   SOLE   9,401 0 0
AXALTA COATING SYSTEMS LTD Common G0750c108 15,539 485,000 SH   SOLE   485,000 0 0
BANK OF AMERICA CORP Common 060505104 326 13,448 SH   SOLE   13,448 0 0
BANK OF AMERICA CORP Warrant 060505153 3,033 125,000 SH   SOLE   125,000 0 0
BANK OF NEW YORK MELLON CORP Common 064058950 5,102 100,000 SH Put SOLE   100,000 0 0
BARRICK GOLD CORP Common 067901108 3,468 218,005 SH   SOLE   218,005 0 0
BARRICK GOLD CORP Common 067901908 7,955 500,000 SH Call SOLE   500,000 0 0
BARRICK GOLD CORP Common 067901958 7,955 500,000 SH Put SOLE   500,000 0 0
BRISTOL-MYERS SQUIBB CO Common 110122958 3,343 60,000 SH Put SOLE   60,000 0 0
BROOKDALE SENIOR LIVING INC Common 112463104 230 15,635 SH   SOLE   15,635 0 0
BWP COMMON UNITS Common 096627104 2,261,806 125,586,133 SH   SOLE   125,586,133 0 0
CALATLANTIC GROUP INC Common 128195104 368 10,400 SH   SOLE   10,400 0 0
CALPINE CORP Common 131347304 3,383 250,000 SH   SOLE   250,000 0 0
CAMECO CORP Common 13321L958 728 80,000 SH Put SOLE   80,000 0 0
CAPITAL ONE FINANCIAL CORP Common 14040H105 278 3,370 SH   SOLE   3,370 0 0
CARMAX INC Common 143130102 7,315 116,000 SH   SOLE   116,000 0 0
CARMAX INC Common 143130952 6,306 100,000 SH Put SOLE   100,000 0 0
CENOVUS ENERGY INC Common 15135U109 158 21,382 SH   SOLE   21,382 0 0
CISCO SYSTEMS INC Common 17275R102 15,650 500,000 SH   SOLE   500,000 0 0
CITIGROUP INC Common 172967424 1,606 24,018 SH   SOLE   24,018 0 0
CLOUD PEAK ENERGY INC Common 18911Q102 4,236 1,200,000 SH   SOLE   1,200,000 0 0
CNA FINANCIAL CORP Common 126117100 11,829,176 242,649,773 SH   SOLE   242,649,773 0 0
CNO FINANCIAL GROUP INC Common 12621E103 289 13,825 SH   SOLE   13,825 0 0
COGNIZANT TECH SOLUTIONS-A Common 192446102 331 4,990 SH   SOLE   4,990 0 0
COMCAST CORP-CLASS A Common 20030N101 272 7,000 SH   SOLE   7,000 0 0
COMSTOCK MINING INC Common 205750102 290 1,584,982 SH   SOLE   1,584,982 0 0
COMTECH TELECOMMUNICATIONS Common 205826209 402 21,165 SH   SOLE   21,165 0 0
CONSTELLATION BRANDS INC-A Common 21036P958 7,749 40,000 SH Put SOLE   40,000 0 0
COVANTA HOLDING CORP Common 22282E102 921 69,804 SH   SOLE   69,804 0 0
CSX CORP Common 126408103 436 8,000 SH   SOLE   8,000 0 0
CVS HEALTH CORP Common 126650100 20,115 250,000 SH   SOLE   250,000 0 0
DELTA AIR LINES INC Common 247361702 780 14,510 SH   SOLE   14,510 0 0
DIAMOND OFFSHORE DRILLING Common 25271C102 791,879 73,119,047 SH   SOLE   73,119,047 0 0
DOLLAR GENERAL CORP Common 256677105 9,372 130,000 SH   SOLE   130,000 0 0
DOVER CORP Common 260003108 237 2,950 SH   SOLE   2,950 0 0
DOW CHEMICAL CO/THE Common 260543103 405 6,415 SH   SOLE   6,415 0 0
DYNEGY INC Common 26817R108 1,241 150,000 SH   SOLE   150,000 0 0
EATON CORP PLC Common G29183103 501 6,440 SH   SOLE   6,440 0 0
ELI LILLY & CO Common 532457958 4,938 60,000 SH Put SOLE   60,000 0 0
EOG RESOURCES INC Common 26875P101 290 3,200 SH   SOLE   3,200 0 0
EXPRESS SCRIPTS HOLDING CO Common 30219G108 16,417 257,165 SH   SOLE   257,165 0 0
EZCORP INC-CL A Common 302301106 149 19,391 SH   SOLE   19,391 0 0
FEDEX CORP Common 31428X106 772 3,550 SH   SOLE   3,550 0 0
FIRST CITIZENS BCSHS -CL A Common 31946M103 257 690 SH   SOLE   690 0 0
FIRST HORIZON NATIONAL CORP Common 320517105 296 16,973 SH   SOLE   16,973 0 0
FORD MOTOR CO Common 345370860 230 20,544 SH   SOLE   20,544 0 0
FRANKLIN RESOURCES INC Common 354613101 291 6,486 SH   SOLE   6,486 0 0
FUELCELL ENERGY INC Common 35952H502 31 24,720 SH   SOLE   24,720 0 0
GENERAL MOTORS CO. Common 37045V100 8,913 255,180 SH   SOLE   255,180 0 0
GENERAL MOTORS CO. Warrant 37045V126 1,425 40,800 SH   SOLE   40,800 0 0
GENERAL MOTORS CO. Common 37045V950 3,493 100,000 SH Put SOLE   100,000 0 0
GOLAR LNG LTD Common G9456A100 420 18,863 SH   SOLE   18,863 0 0
GOLDCORP INC Common 380956409 10,537 816,210 SH   SOLE   816,210 0 0
GOLDMAN SACHS GROUP INC Common 38141G104 559 2,519 SH   SOLE   2,519 0 0
GOVERNMENT PROPERTIES INCOME Common 38376A103 196 10,726 SH   SOLE   10,726 0 0
GRANITE REAL ESTATE INVESTMENT Common 387437114 305 7,645 SH   SOLE   7,645 0 0
HALLIBURTON CO Common 406216951 4,271 100,000 SH Put SOLE   100,000 0 0
HARSCO CORP Common 415864107 191 11,845 SH   SOLE   11,845 0 0
HCA HEALTHCARE INC Common 40412C101 10,028 115,000 SH   SOLE   115,000 0 0
HCA HEALTHCARE INC Common 40412C951 14,824 170,000 SH Put SOLE   170,000 0 0
HERTZ GLOBAL HOLDINGS INC Common 42806J106 13,225 1,150,000 SH   SOLE   1,150,000 0 0
HESS CORP Common 42809H107 552 12,574 SH   SOLE   12,574 0 0
HEWLETT PACKARD ENTERPRIS Common 42824C109 3,485 210,038 SH   SOLE   210,038 0 0
ICONIX BRAND GROUP INC Common 451055107 171 24,801 SH   SOLE   24,801 0 0
ILLUMINA INC Common 452327959 3,470 20,000 SH Put SOLE   20,000 0 0
INFINERA CORP Common 45667G103 4,588 430,000 SH   SOLE   430,000 0 0
INFINERA CORP Common 45667G953 2,027 190,000 SH Put SOLE   190,000 0 0
INNOSPEC INC Common 45768S105 340 5,192 SH   SOLE   5,192 0 0
JPMORGAN CHASE & CO Common 46625H100 1,052 11,506 SH   SOLE   11,506 0 0
KBR INC Common 48242W106 415 27,258 SH   SOLE   27,258 0 0
KINROSS GOLD CORP Common 496902404 4,493 1,105,257 SH   SOLE   1,105,257 0 0
LINCOLN NATIONAL CORP Common 534187109 912 13,500 SH   SOLE   13,500 0 0
LKQ CORP Common 501889208 13,180 400,000 SH   SOLE   400,000 0 0
LOWE'S COS INC Common 548661957 7,753 100,000 SH Put SOLE   100,000 0 0
LYONDELLBASELL INDU-CL A Common N53745100 13,030 154,400 SH   SOLE   154,400 0 0
LYONDELLBASELL INDU-CL A Common N53745950 5,063 60,000 SH Put SOLE   60,000 0 0
MACY'S INC Common 55616P954 930 40,000 SH Put SOLE   40,000 0 0
MAG SILVER CORP Common 55903Q104 2,079 159,203 SH   SOLE   159,203 0 0
MANPOWERGROUP INC Common 56418H100 1,340 12,000 SH   SOLE   12,000 0 0
MARATHON PETROLEUM CORP Common 56585A102 17,007 325,000 SH   SOLE   325,000 0 0
MCKESSON CORP Common 58155Q103 281 1,708 SH   SOLE   1,708 0 0
METLIFE INC Common 59156R108 249 4,525 SH   SOLE   4,525 0 0
MICROSOFT CORP Common 594918104 9,030 131,000 SH   SOLE   131,000 0 0
MONSANTO CO Common 61166W101 202 1,705 SH   SOLE   1,705 0 0
MORGAN STANLEY Common 617446448 285 6,395 SH   SOLE   6,395 0 0
MTS SYSTEMS CORP Common 553777103 10,360 200,000 SH   SOLE   200,000 0 0
MURPHY OIL CORP Common 626717102 248 9,695 SH   SOLE   9,695 0 0
MYLAN NV Common N59465109 223 5,747 SH   SOLE   5,747 0 0
NEW SENIOR INVESTMENT GROUP Common 648691103 133 13,245 SH   SOLE   13,245 0 0
NOVAGOLD RESOURCES INC Common 66987E206 60 13,166 SH   SOLE   13,166 0 0
NRG ENERGY INC Common 629377508 3,522 204,529 SH   SOLE   204,529 0 0
NXP SEMICONDUCTORS NV Common N6596X109 332 3,035 SH   SOLE   3,035 0 0
OMNICOM GROUP Common 681919106 319 3,845 SH   SOLE   3,845 0 0
ON SEMICONDUCTOR CORP Common 682189105 171 12,151 SH   SOLE   12,151 0 0
ORACLE CORP Common 68389X105 1,264 25,212 SH   SOLE   25,212 0 0
PAN AMERICAN SILVER CORP Common 697900108 227 13,486 SH   SOLE   13,486 0 0
PARK STERLING CORP Common 70086Y105 211 17,785 SH   SOLE   17,785 0 0
PFIZER INC Common 717081103 11,121 331,077 SH   SOLE   331,077 0 0
PFIZER INC Common 717081953 3,359 100,000 SH Put SOLE   100,000 0 0
PNC FINANCIAL SERVICES GROUP Common 693475955 3,746 30,000 SH Put SOLE   30,000 0 0
PRETIUM RESOURCES INC Common 74139C102 9,728 1,012,145 SH   SOLE   1,012,145 0 0
PROCTER & GAMBLE CO/THE Common 742718959 3,486 40,000 SH Put SOLE   40,000 0 0
REALOGY HOLDINGS CORP Common 75605Y106 19,795 610,000 SH   SOLE   610,000 0 0
REINSURANCE GROUP OF AMERICA Common 759351604 392 3,050 SH   SOLE   3,050 0 0
ROYAL DUTCH SHELL-SPON ADR-A Common 780259206 382 7,172 SH   SOLE   7,172 0 0
SCHWAB CHARLES CORP Common 808513955 6,444 150,000 SH Put SOLE   150,000 0 0
SILVER STANDARD RESOURCES Common 82823L106 4,011 413,118 SH   SOLE   413,118 0 0
SITEONE LANDSCAPE SUPPLY INC Common 82982L103 6,815 130,900 SH   SOLE   130,900 0 0
SOTHEBY'S Common 835898957 5,367 100,000 SH Put SOLE   100,000 0 0
SPDR S&P 500 ETF TRUST Common 78462F103 30,225 125,000 SH   SOLE   125,000 0 0
STAPLES INC Common 855030102 494 49,063 SH   SOLE   49,063 0 0
STATE STREET CORP Common 857477103 207 2,302 SH   SOLE   2,302 0 0
SUPERIOR ENERGY SERVICES INC Common 868157108 105 10,105 SH   SOLE   10,105 0 0
TARGET CORP Common 87612E956 3,137 60,000 SH Put SOLE   60,000 0 0
TEEKAY TANKERS LTD-CLASS A Common Y8565N102 165 87,990 SH   SOLE   87,990 0 0
TEREX CORP Common 880779103 385 10,271 SH   SOLE   10,271 0 0
THE WALT DISNEY CO. Common 254687956 6,375 60,000 SH Put SOLE   60,000 0 0
TIME WARNER INC Common 887317953 6,025 60,000 SH Put SOLE   60,000 0 0
TRACTOR SUPPLY COMPANY Common 892356106 4,879 90,000 SH   SOLE   90,000 0 0
TRAVELERS COS INC Common 89417E109 500 3,950 SH   SOLE   3,950 0 0
TUPPERWARE BRANDS CORP Common 899896104 216 3,082 SH   SOLE   3,082 0 0
UBS GROUP AG-REG Common H42097107 180 10,625 SH   SOLE   10,625 0 0
UNITED RENTALS INC Common 911363109 451 4,000 SH   SOLE   4,000 0 0
VANECK VECTORS GOLD MINERS Common 92189F956 3,312 150,000 SH Put SOLE   150,000 0 0
VANECK VECTORS JUNIOR GOLD M Common 92189F951 3,338 100,000 SH Put SOLE   100,000 0 0
VIRTUS INVESTMENT PARTNERS Common 92828Q109 409 3,687 SH   SOLE   3,687 0 0
VISTA GOLD CORP Common 927926303 2,787 3,203,217 SH   SOLE   3,203,217 0 0
VORNADO REALTY TRUST Common 929042109 343 3,652 SH   SOLE   3,652 0 0
VOYA FINANCIAL INC Common 929089100 288 7,805 SH   SOLE   7,805 0 0
WALGREENS BOOTS ALLIANCE INC Common 931427958 10,963 140,000 SH Put SOLE   140,000 0 0
WAL-MART STORES INC Common 931142103 218 2,875 SH   SOLE   2,875 0 0
WARRIOR MET COAL INC Common 93627C101 9,314 543,746 SH   SOLE   543,746 0 0
WELLS FARGO & CO Common 949746951 5,541 100,000 SH Put SOLE   100,000 0 0
WESTERN DIGITAL CORP Common 958102105 13,282 149,910 SH   SOLE   149,910 0 0
WHIRLPOOL CORP Common 963320106 359 1,875 SH   SOLE   1,875 0 0
WILLIS TOWERS WATSON PLC Common G96629103 14,546 100,000 SH   SOLE   100,000 0 0
WPX ENERGY INC Common 98212B103 120 12,400 SH   SOLE   12,400 0 0
XYLEM INC Common 98419M100 5,543 100,000 SH   SOLE   100,000 0 0