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    <nameOfIssuer>3M CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
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    <titleOfClass>COM</titleOfClass>
    <cusip>00206R102</cusip>
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      <Sole>9090</Sole>
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    <nameOfIssuer>ABBOTT LABORATORIES</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>002824100</cusip>
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      <Sole>9566</Sole>
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    <nameOfIssuer>ABBVIE INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00287Y109</cusip>
    <value>4177765</value>
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    <nameOfIssuer>AEHR TEST SYS</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>00760J108</cusip>
    <value>800928</value>
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    <nameOfIssuer>AFFILIATED MANAGERS GROUP</nameOfIssuer>
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    <cusip>008252108</cusip>
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      <Sole>1998</Sole>
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    <titleOfClass>COM</titleOfClass>
    <cusip>001055102</cusip>
    <value>329130</value>
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      <sshPrnamt>3000</sshPrnamt>
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      <Sole>3000</Sole>
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      <None>0</None>
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    <nameOfIssuer>ALKERMES PLC</nameOfIssuer>
    <titleOfClass>SHS</titleOfClass>
    <cusip>G01767105</cusip>
    <value>746061</value>
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      <Sole>21099</Sole>
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    <nameOfIssuer>ALLIANCE RESOURCE PARTNERS L</nameOfIssuer>
    <titleOfClass>UT LTD PART</titleOfClass>
    <cusip>01877R108</cusip>
    <value>2895204</value>
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      <Sole>104709</Sole>
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      <None>0</None>
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    <nameOfIssuer>ALLIANCEBERNSTEIN HLDG L P</nameOfIssuer>
    <titleOfClass>UNIT LTD PARTN</titleOfClass>
    <cusip>01881G106</cusip>
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      <Sole>217447</Sole>
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    <nameOfIssuer>ALLOGENE THERAPEUTICS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>019770106</cusip>
    <value>42900</value>
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      <sshPrnamt>17582</sshPrnamt>
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      <None>0</None>
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    <nameOfIssuer>ALNYLAM PHARMACEUTICALS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>02043Q107</cusip>
    <value>751737</value>
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      <Sole>2272</Sole>
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    <nameOfIssuer>EA SERIES TRUST</nameOfIssuer>
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    <cusip>02072L565</cusip>
    <value>5520868</value>
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    <nameOfIssuer>ALPHABET INC</nameOfIssuer>
    <titleOfClass>CAP STK CL A</titleOfClass>
    <cusip>02079K305</cusip>
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    <cusip>02079K107</cusip>
    <value>945204</value>
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      <Sole>3295</Sole>
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    <nameOfIssuer>ALPS ETF TR</nameOfIssuer>
    <titleOfClass>ALERIAN MLP</titleOfClass>
    <cusip>00162Q452</cusip>
    <value>5607213</value>
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      <sshPrnamt>106520</sshPrnamt>
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      <Sole>106520</Sole>
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    <nameOfIssuer>ALTRIA GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>02209S103</cusip>
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      <sshPrnamt>38957</sshPrnamt>
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      <Sole>38957</Sole>
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    <titleOfClass>COM</titleOfClass>
    <cusip>023135106</cusip>
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      <Sole>1187</Sole>
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    <nameOfIssuer>AMERICAN EXPRESS CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>025816109</cusip>
    <value>395039</value>
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      <sshPrnamt>1306</sshPrnamt>
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    <nameOfIssuer>AMER STATES WTR CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>029899101</cusip>
    <value>330762</value>
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    <nameOfIssuer>AMERICAN TOWER CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>03027X100</cusip>
    <value>241612</value>
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      <sshPrnamt>1400</sshPrnamt>
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    <nameOfIssuer>AMERICAN WTR WKS CO INC NEW</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>030420103</cusip>
    <value>227385</value>
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      <sshPrnamt>1671</sshPrnamt>
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    <nameOfIssuer>AMGEN INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>031162100</cusip>
    <value>844088</value>
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      <sshPrnamt>2399</sshPrnamt>
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    <nameOfIssuer>ANALOG DEVICES INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>032654105</cusip>
    <value>1196658</value>
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      <sshPrnamt>3761</sshPrnamt>
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      <Sole>3761</Sole>
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    <nameOfIssuer>APPLE INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>037833100</cusip>
    <value>1631089</value>
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      <Sole>6427</Sole>
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    <nameOfIssuer>APYX MEDICAL CORPORATION</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>03837C106</cusip>
    <value>2269350</value>
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      <Sole>615000</Sole>
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    <nameOfIssuer>ARCHER DANIELS MIDLAND CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>039483102</cusip>
    <value>4311394</value>
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      <sshPrnamt>59312</sshPrnamt>
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      <Sole>59312</Sole>
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    <nameOfIssuer>ASTRAZENECA PLC</nameOfIssuer>
    <titleOfClass>ORD</titleOfClass>
    <cusip>G0593M107</cusip>
    <value>1036588</value>
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      <sshPrnamt>5256</sshPrnamt>
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      <Sole>5256</Sole>
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      <None>0</None>
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    <nameOfIssuer>ATLANTA BRAVES HLDGS INC</nameOfIssuer>
    <titleOfClass>COM SER A</titleOfClass>
    <cusip>047726104</cusip>
    <value>1188557</value>
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    <titleOfClass>COM SER C</titleOfClass>
    <cusip>047726302</cusip>
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      <sshPrnamt>45931</sshPrnamt>
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      <Sole>45931</Sole>
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    <nameOfIssuer>AUTONATION INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>05329W102</cusip>
    <value>43943880</value>
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      <Sole>225053</Sole>
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    <nameOfIssuer>BAKKT INC</nameOfIssuer>
    <titleOfClass>COM CL A NEW</titleOfClass>
    <cusip>05759B305</cusip>
    <value>2329720</value>
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      <Sole>316538</Sole>
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    <nameOfIssuer>BANCO SANTANDER SA</nameOfIssuer>
    <titleOfClass>ADR</titleOfClass>
    <cusip>05964H105</cusip>
    <value>702857</value>
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      <None>0</None>
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    <nameOfIssuer>BANK AMERICA CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>060505104</cusip>
    <value>802425</value>
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      <sshPrnamt>16460</sshPrnamt>
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      <Sole>16460</Sole>
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    <nameOfIssuer>BANK NEW YORK MELLON CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>064058100</cusip>
    <value>1222838</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10308</sshPrnamt>
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    <nameOfIssuer>BARRICK MNG CORP</nameOfIssuer>
    <titleOfClass>COM SHS</titleOfClass>
    <cusip>06849F108</cusip>
    <value>440419</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10797</sshPrnamt>
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    <nameOfIssuer>BEAM THERAPEUTICS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>07373V105</cusip>
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    <nameOfIssuer>BERKSHIRE HATHAWAY INC DEL</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>084670108</cusip>
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    <nameOfIssuer>BERKSHIRE HATHAWAY INC DEL</nameOfIssuer>
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    <nameOfIssuer>BHP BILLITON LIMITED</nameOfIssuer>
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    <cusip>088606108</cusip>
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    <nameOfIssuer>BLACKROCK FLOATING RATE INCO</nameOfIssuer>
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    <nameOfIssuer>BLACKROCK MUNIHOLDINGS FD IN</nameOfIssuer>
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    <nameOfIssuer>BLACKROCK MUNIYIELD N Y QUAL</nameOfIssuer>
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      <Sole>12009</Sole>
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    <nameOfIssuer>BLACKROCK MUNIYIELD QUALITY</nameOfIssuer>
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      <Sole>207994</Sole>
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    <nameOfIssuer>BLACKROCK MUNIYILD QULT FD I</nameOfIssuer>
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      <Sole>1006</Sole>
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    <nameOfIssuer>BOOZ ALLEN HAMILTON HLDG COR</nameOfIssuer>
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    <cusip>099502106</cusip>
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    <cusip>055622104</cusip>
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      <Sole>9466</Sole>
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    <nameOfIssuer>BRISTOL-MYERS SQUIBB CO</nameOfIssuer>
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      <sshPrnamt>899</sshPrnamt>
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    <nameOfIssuer>BROADRIDGE FINL SOLUTIONS IN</nameOfIssuer>
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    <nameOfIssuer>BROOKFIELD REAL ASSETS INCOM</nameOfIssuer>
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    <cusip>12503M108</cusip>
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      <Sole>10118</Sole>
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    <nameOfIssuer>CHARLES RIV LABS INTL INC</nameOfIssuer>
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    <cusip>159864107</cusip>
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    <nameOfIssuer>COHEN &amp; STEERS QUALITY INCOM</nameOfIssuer>
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    <nameOfIssuer>CONOCOPHILLIPS</nameOfIssuer>
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    <cusip>20825C104</cusip>
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    <cusip>20848D105</cusip>
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    <cusip>12618T105</cusip>
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    <nameOfIssuer>CRISPR THERAPEUTICS AG</nameOfIssuer>
    <titleOfClass>NAMEN AKT</titleOfClass>
    <cusip>H17182108</cusip>
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    <nameOfIssuer>DANAHER CORP DEL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>235851102</cusip>
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    <nameOfIssuer>DIGITALBRIDGE GROUP INC</nameOfIssuer>
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    <nameOfIssuer>DORCHESTER MINERALS L P</nameOfIssuer>
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    <nameOfIssuer>DOUBLELINE INCOME SOLUTIONS</nameOfIssuer>
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    <nameOfIssuer>DOUBLELINE OPPORTUNISTIC CR</nameOfIssuer>
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    <nameOfIssuer>EATON VANCE MUN BD FD</nameOfIssuer>
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    <nameOfIssuer>EATON VANCE SR FLTNG RTE TR</nameOfIssuer>
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    <nameOfIssuer>EBAY INC.</nameOfIssuer>
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    <nameOfIssuer>ELI LILLY &amp; CO</nameOfIssuer>
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    <nameOfIssuer>EMERSON ELEC CO</nameOfIssuer>
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    <nameOfIssuer>ENERFLEX LTD</nameOfIssuer>
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    <nameOfIssuer>ENERGY TRANSFER L P</nameOfIssuer>
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    <nameOfIssuer>ENTERPRISE PRODS PARTNERS L</nameOfIssuer>
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    <nameOfIssuer>EOG RES INC</nameOfIssuer>
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    <cusip>26875P101</cusip>
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    <nameOfIssuer>EQT CORP</nameOfIssuer>
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    <cusip>26884L109</cusip>
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    <nameOfIssuer>EQUITY LIFESTYLE PROPERTIES</nameOfIssuer>
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    <cusip>29472R108</cusip>
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    <nameOfIssuer>EXXON MOBIL CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>30231G102</cusip>
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    <votingAuthority>
      <Sole>8569</Sole>
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      <None>0</None>
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    <nameOfIssuer>FEDERATED HERMES PREM MUNI I</nameOfIssuer>
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      <Sole>34170</Sole>
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    <nameOfIssuer>FERMI INC</nameOfIssuer>
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      <sshPrnamt>532426</sshPrnamt>
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      <Sole>532426</Sole>
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    <nameOfIssuer>FIDELITY NATL FINL INC</nameOfIssuer>
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      <Sole>44478</Sole>
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    <nameOfIssuer>FIDELITY NATL INFORMATION SV</nameOfIssuer>
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    <nameOfIssuer>FIDELITY WISE ORIGIN BITCOIN</nameOfIssuer>
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    <cusip>315948109</cusip>
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      <sshPrnamt>5681</sshPrnamt>
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      <Sole>5681</Sole>
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    <nameOfIssuer>FITLIFE BRANDS INC</nameOfIssuer>
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      <Sole>154456</Sole>
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    <nameOfIssuer>FRANCO NEV CORP</nameOfIssuer>
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      <Sole>757297</Sole>
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      <None>0</None>
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    <nameOfIssuer>FREEPORT MCMORAN INC</nameOfIssuer>
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    <nameOfIssuer>GALAXY DIGITAL INC.</nameOfIssuer>
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      <sshPrnamt>1250969</sshPrnamt>
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    <nameOfIssuer>GALECTIN THERAPEUTICS INC</nameOfIssuer>
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      <sshPrnamt>49226</sshPrnamt>
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      <Sole>49226</Sole>
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    <nameOfIssuer>GALLAGHER ARTHUR J &amp; CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>363576109</cusip>
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      <sshPrnamt>1953</sshPrnamt>
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      <Sole>1953</Sole>
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    <nameOfIssuer>GE HEALTHCARE TECHNOLOGIES I</nameOfIssuer>
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    <cusip>36266G107</cusip>
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      <Sole>2911</Sole>
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    <nameOfIssuer>GE VERNOVA INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>36828A101</cusip>
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      <sshPrnamt>1439</sshPrnamt>
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      <Sole>1439</Sole>
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    <nameOfIssuer>GE AEROSPACE</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>369604301</cusip>
    <value>1821236</value>
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      <sshPrnamt>6418</sshPrnamt>
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      <Sole>6418</Sole>
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      <None>0</None>
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    <nameOfIssuer>GENERAL MILLS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>370334104</cusip>
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      <sshPrnamt>30090</sshPrnamt>
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      <Sole>30090</Sole>
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      <None>0</None>
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    <nameOfIssuer>GENERAL MTRS CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>37045V100</cusip>
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      <sshPrnamt>5250</sshPrnamt>
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      <Sole>5250</Sole>
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    <nameOfIssuer>GENUINE PARTS CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>372460105</cusip>
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      <sshPrnamt>2190</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>2190</Sole>
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    <nameOfIssuer>GOLDMAN SACHS GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>38141G104</cusip>
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      <sshPrnamt>623</sshPrnamt>
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      <Sole>623</Sole>
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    <nameOfIssuer>WW GRAINGER INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>384802104</cusip>
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      <sshPrnamt>305</sshPrnamt>
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    <nameOfIssuer>GRAYSCALE BASIC ATTENTION TOKEN TR</nameOfIssuer>
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    <nameOfIssuer>GRAYSCALE BITCOIN CASH TRUST BCH</nameOfIssuer>
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    <nameOfIssuer>GRAYSCALE BITCOIN MINI TR ET</nameOfIssuer>
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    <nameOfIssuer>GRAYSCALE COINDESK CRYPTO</nameOfIssuer>
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    <nameOfIssuer>GRAYSCALE DECENTRALAND TRUST</nameOfIssuer>
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    <cusip>38963Q107</cusip>
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    <nameOfIssuer>GRAYSCALE ETHEREUM STAKING</nameOfIssuer>
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    <nameOfIssuer>GRAYSCALE ETHEREUM STAKING E</nameOfIssuer>
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    <cusip>389638107</cusip>
    <value>92059</value>
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      <sshPrnamt>5393</sshPrnamt>
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      <Sole>5393</Sole>
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    <cusip>38963W104</cusip>
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      <Sole>587986</Sole>
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    <cusip>38964G108</cusip>
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      <Sole>15173</Sole>
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    <nameOfIssuer>GREENBRIER COS INC</nameOfIssuer>
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    <cusip>393657101</cusip>
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      <Sole>8700</Sole>
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    <nameOfIssuer>GSK PLC</nameOfIssuer>
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      <Sole>24419</Sole>
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    <nameOfIssuer>HALEON PLC</nameOfIssuer>
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    <cusip>405552100</cusip>
    <value>129129</value>
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    <nameOfIssuer>HAWAIIAN ELEC INDS INC MTN B</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>419870100</cusip>
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    <nameOfIssuer>HONEYWELL INTL INC</nameOfIssuer>
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      <Sole>6576</Sole>
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    <nameOfIssuer>LISTED FDS TR</nameOfIssuer>
    <titleOfClass>HORZN KINTCS BL</titleOfClass>
    <cusip>53656G209</cusip>
    <value>5104034</value>
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    <nameOfIssuer>LISTED FDS TR</nameOfIssuer>
    <titleOfClass>HORIZON KINETICS</titleOfClass>
    <cusip>53656G514</cusip>
    <value>360701</value>
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      <sshPrnamt>8960</sshPrnamt>
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      <Sole>8960</Sole>
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    <nameOfIssuer>HORIZON KINETICS HLDG CORP COM</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>439913104</cusip>
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      <Sole>1075416</Sole>
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  <infoTable>
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      <None>0</None>
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      <None>0</None>
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    <cusip>53115L104</cusip>
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    <cusip>530909100</cusip>
    <value>210314</value>
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      <sshPrnamt>2295</sshPrnamt>
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    <cusip>530909308</cusip>
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      <sshPrnamt>3576</sshPrnamt>
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      <None>0</None>
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    <nameOfIssuer>LIBERTY MEDIA CORP DEL</nameOfIssuer>
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    <cusip>531229771</cusip>
    <value>2661903</value>
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      <sshPrnamt>34092</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>34092</Sole>
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      <None>0</None>
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    <nameOfIssuer>LIBERTY MEDIA CORP DEL</nameOfIssuer>
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    <cusip>531229755</cusip>
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      <sshPrnamt>80990</sshPrnamt>
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      <Sole>80990</Sole>
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    <nameOfIssuer>LINDE PLC</nameOfIssuer>
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    <cusip>G54950103</cusip>
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      <sshPrnamt>1400</sshPrnamt>
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    <votingAuthority>
      <Sole>1400</Sole>
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      <None>0</None>
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    <nameOfIssuer>LISTED FDS TR</nameOfIssuer>
    <titleOfClass>ROUNDHILL BALL</titleOfClass>
    <cusip>53656F417</cusip>
    <value>2469</value>
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      <sshPrnamt>155</sshPrnamt>
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    <votingAuthority>
      <Sole>155</Sole>
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    <nameOfIssuer>LIVE NATION ENTERTAINMENT IN</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>538034109</cusip>
    <value>23969844</value>
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      <sshPrnamt>157169</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>157169</Sole>
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      <None>0</None>
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    <nameOfIssuer>LOCKHEED MARTIN CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>539830109</cusip>
    <value>306426</value>
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      <sshPrnamt>507</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>507</Sole>
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      <None>0</None>
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    <nameOfIssuer>LOEWS CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>540424108</cusip>
    <value>689540</value>
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      <sshPrnamt>6460</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6460</Sole>
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      <None>0</None>
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    <nameOfIssuer>LOWES COS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>548661107</cusip>
    <value>252347</value>
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      <sshPrnamt>1068</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>1068</Sole>
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      <None>0</None>
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    <nameOfIssuer>MADISON SQUARE GARDEN ENTMT</nameOfIssuer>
    <titleOfClass>COM CL A</titleOfClass>
    <cusip>558256103</cusip>
    <value>2104913</value>
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      <sshPrnamt>35731</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>35731</Sole>
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      <None>0</None>
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    <nameOfIssuer>MADISON SQUARE GRDN SPRT COR</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>55825T103</cusip>
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      <sshPrnamt>23347</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>23347</Sole>
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      <None>0</None>
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    <nameOfIssuer>MARATHON PETE CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>56585A102</cusip>
    <value>1270224</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5202</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5202</Sole>
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      <None>0</None>
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    <nameOfIssuer>MARKEL GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>570535104</cusip>
    <value>4022426</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2102</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2102</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>MARKETAXESS HLDGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>57060D108</cusip>
    <value>346788</value>
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      <sshPrnamt>2102</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2102</Sole>
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      <None>0</None>
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    <nameOfIssuer>MARSH &amp; MCLENNAN COS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>571748102</cusip>
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      <sshPrnamt>151341</sshPrnamt>
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      <Sole>151341</Sole>
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      <None>0</None>
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    <nameOfIssuer>MASTERCARD INCORPORATED</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>57636Q104</cusip>
    <value>9751136</value>
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      <sshPrnamt>19516</sshPrnamt>
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      <Sole>19516</Sole>
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    <nameOfIssuer>MCDONALDS CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>580135101</cusip>
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      <sshPrnamt>3439</sshPrnamt>
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    <votingAuthority>
      <Sole>3439</Sole>
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    <nameOfIssuer>MERCK &amp; CO INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>58933Y105</cusip>
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      <sshPrnamt>28383</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>28383</Sole>
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      <None>0</None>
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    <nameOfIssuer>MESABI TR</nameOfIssuer>
    <titleOfClass>CTF BEN INT</titleOfClass>
    <cusip>590672101</cusip>
    <value>98940608</value>
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      <Sole>3140972</Sole>
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    <nameOfIssuer>META PLATFORMS INC</nameOfIssuer>
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    <cusip>30303M102</cusip>
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      <sshPrnamt>568</sshPrnamt>
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      <Sole>568</Sole>
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    <nameOfIssuer>METALLA RTY &amp; STREAMING LTD</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>59124U605</cusip>
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      <Sole>404297</Sole>
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    <nameOfIssuer>MFS HIGH INCOME MUN TR</nameOfIssuer>
    <titleOfClass>SH BEN INT</titleOfClass>
    <cusip>59318D104</cusip>
    <value>79858</value>
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      <sshPrnamt>21525</sshPrnamt>
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      <Sole>21525</Sole>
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    <nameOfIssuer>MIAMI INTL HLDGS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>59356Q108</cusip>
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    <nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>594918104</cusip>
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      <sshPrnamt>6924</sshPrnamt>
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      <Sole>6924</Sole>
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    <nameOfIssuer>MODINE MFG CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>607828100</cusip>
    <value>299060</value>
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      <sshPrnamt>1380</sshPrnamt>
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      <Sole>1380</Sole>
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    <nameOfIssuer>MONDELEZ INTL INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>609207105</cusip>
    <value>475184</value>
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      <sshPrnamt>8244</sshPrnamt>
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      <Sole>8244</Sole>
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    <nameOfIssuer>MOVADO GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>624580106</cusip>
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      <sshPrnamt>12000</sshPrnamt>
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      <Sole>12000</Sole>
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    <nameOfIssuer>NASDAQ INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>631103108</cusip>
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      <sshPrnamt>70706</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>70706</Sole>
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      <None>0</None>
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    <nameOfIssuer>NATURAL RESOURCE PARTNERS LP</nameOfIssuer>
    <titleOfClass>COM UNIT LTD PAR</titleOfClass>
    <cusip>63900P608</cusip>
    <value>7002391</value>
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      <sshPrnamt>57871</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>57871</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>NETFLIX INC.</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>64110L106</cusip>
    <value>231722</value>
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      <sshPrnamt>2410</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2410</Sole>
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  <infoTable>
    <nameOfIssuer>NEUBERGER MUN FD INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>64124P101</cusip>
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      <sshPrnamt>41396</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>41396</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>NEWMONT CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>651639106</cusip>
    <value>695073</value>
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      <sshPrnamt>6421</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>6421</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>NEXTERA ENERGY INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>65339F101</cusip>
    <value>265637</value>
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      <sshPrnamt>2860</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2860</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>NORFOLK SOUTHN CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>655844108</cusip>
    <value>870471</value>
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      <sshPrnamt>3033</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>3033</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>NORTHROP GRUMMAN CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>666807102</cusip>
    <value>245606</value>
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      <sshPrnamt>360</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
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      <Sole>360</Sole>
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      <None>0</None>
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  <infoTable>
    <nameOfIssuer>NOVARTIS AG</nameOfIssuer>
    <titleOfClass>SPONSORED ADR</titleOfClass>
    <cusip>66987V109</cusip>
    <value>1678875</value>
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      <sshPrnamt>1435</sshPrnamt>
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      <sshPrnamt>51224</sshPrnamt>
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    <cusip>670657105</cusip>
    <value>3327516</value>
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      <sshPrnamt>296306</sshPrnamt>
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      <Sole>296306</Sole>
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      <None>0</None>
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    <cusip>67070X101</cusip>
    <value>322100</value>
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      <sshPrnamt>26445</sshPrnamt>
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      <Sole>26445</Sole>
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      <Sole>12176</Sole>
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    <titleOfClass>COM</titleOfClass>
    <cusip>67072T108</cusip>
    <value>897196</value>
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      <Sole>119308</Sole>
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      <None>0</None>
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    <nameOfIssuer>NUVEEN MUN HIGH INCOME OPPOR</nameOfIssuer>
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    <cusip>670682103</cusip>
    <value>107630</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10369</sshPrnamt>
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      <Sole>10369</Sole>
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      <None>0</None>
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    <cusip>670928100</cusip>
    <value>103835</value>
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      <sshPrnamt>11550</sshPrnamt>
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    <votingAuthority>
      <Sole>11550</Sole>
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    <nameOfIssuer>NUVEEN NY AMT FREE</nameOfIssuer>
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      <sshPrnamt>138453</sshPrnamt>
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      <Sole>138453</Sole>
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      <None>0</None>
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    <nameOfIssuer>NUVEEN NY DIVI ADV</nameOfIssuer>
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    <cusip>67066X107</cusip>
    <value>277668</value>
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      <sshPrnamt>24903</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>24903</Sole>
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      <None>0</None>
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    <nameOfIssuer>NUVEEN PFD &amp; INCOME OPPORTUN</nameOfIssuer>
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    <cusip>67073B106</cusip>
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      <Sole>16426</Sole>
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      <None>0</None>
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    <nameOfIssuer>NUVEEN QUALITY MUNCP INCOME</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>67066V101</cusip>
    <value>1867868</value>
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    <cusip>67061T101</cusip>
    <value>203175</value>
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      <sshPrnamt>21500</sshPrnamt>
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      <Sole>21500</Sole>
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      <None>0</None>
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    <nameOfIssuer>NUVEEN TAXABLE MUNICPAL INM</nameOfIssuer>
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    <cusip>67074C103</cusip>
    <value>388994</value>
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      <sshPrnamt>24840</sshPrnamt>
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    <cusip>67066G104</cusip>
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      <sshPrnamt>7010</sshPrnamt>
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    <nameOfIssuer>OCCIDENTAL PETE CORP</nameOfIssuer>
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      <sshPrnamt>8850</sshPrnamt>
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      <sshPrnamt>71343</sshPrnamt>
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      <None>0</None>
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    <nameOfIssuer>OR ROYALTIES INC.</nameOfIssuer>
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    <cusip>68390D106</cusip>
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      <sshPrnamt>1754144</sshPrnamt>
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    <nameOfIssuer>OSHKOSH CORP</nameOfIssuer>
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      <sshPrnamt>115789</sshPrnamt>
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    <nameOfIssuer>PACIFIC BIOSCIENCES CALIF IN</nameOfIssuer>
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      <sshPrnamt>68950</sshPrnamt>
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      <sshPrnamt>5512</sshPrnamt>
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      <None>0</None>
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    <nameOfIssuer>QUEST DIAGNOSTICS INC</nameOfIssuer>
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      <sshPrnamt>2900</sshPrnamt>
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      <Sole>2900</Sole>
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      <None>0</None>
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    <nameOfIssuer>RAYONIER ADVANCED MATLS INC</nameOfIssuer>
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    <cusip>75508B104</cusip>
    <value>758295</value>
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      <sshPrnamt>68500</sshPrnamt>
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    <votingAuthority>
      <Sole>68500</Sole>
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      <sshPrnamt>30536</sshPrnamt>
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      <Sole>30536</Sole>
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    <nameOfIssuer>RB GLOBAL INC</nameOfIssuer>
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      <sshPrnamt>186731</sshPrnamt>
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      <Sole>186731</Sole>
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      <None>0</None>
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    <nameOfIssuer>REGENERON PHARMACEUTICALS</nameOfIssuer>
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    <cusip>75886F107</cusip>
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      <sshPrnamt>675</sshPrnamt>
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    <votingAuthority>
      <Sole>675</Sole>
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      <None>0</None>
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    <nameOfIssuer>RENN FD INC</nameOfIssuer>
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      <sshPrnamt>912064</sshPrnamt>
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      <Sole>912064</Sole>
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    <nameOfIssuer>REPLIMUNE GROUP INC</nameOfIssuer>
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    <cusip>76029N106</cusip>
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      <sshPrnamt>13188</sshPrnamt>
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    <votingAuthority>
      <Sole>13188</Sole>
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      <None>0</None>
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    <nameOfIssuer>RESIDEO TECHNOLOGIES INC</nameOfIssuer>
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    <cusip>76118Y104</cusip>
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      <sshPrnamt>50896</sshPrnamt>
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      <Sole>50896</Sole>
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      <None>0</None>
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    <nameOfIssuer>RIO TINTO PLC</nameOfIssuer>
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      <sshPrnamt>16296</sshPrnamt>
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      <Sole>16296</Sole>
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      <None>0</None>
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    <nameOfIssuer>ROCKWELL AUTOMATION INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>773903109</cusip>
    <value>1397838</value>
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      <sshPrnamt>3895</sshPrnamt>
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      <Sole>3895</Sole>
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      <None>0</None>
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    <nameOfIssuer>ROYAL CARIBBEAN GROUP</nameOfIssuer>
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    <cusip>V7780T103</cusip>
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      <sshPrnamt>51698</sshPrnamt>
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      <Sole>51698</Sole>
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    <nameOfIssuer>ROYAL GOLD INC</nameOfIssuer>
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    <cusip>780287108</cusip>
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      <sshPrnamt>47142</sshPrnamt>
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    <nameOfIssuer>ROYALTY PHARMA PLC</nameOfIssuer>
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    <nameOfIssuer>RTX CORPORATION</nameOfIssuer>
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      <sshPrnamt>11895</sshPrnamt>
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    <nameOfIssuer>SABINE RTY TR</nameOfIssuer>
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    <cusip>798241105</cusip>
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    <nameOfIssuer>SCIENCE APPLICATIONS INTL CO</nameOfIssuer>
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    <nameOfIssuer>SEALED AIR CORP NEW</nameOfIssuer>
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    <titleOfClass>COM</titleOfClass>
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    <nameOfIssuer>SPHERE ENTERTAINMENT CO</nameOfIssuer>
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    <nameOfIssuer>STAR BULK CARRIERS CORP.</nameOfIssuer>
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    <nameOfIssuer>STATE STR SPDR S&amp;P 500 ETF T</nameOfIssuer>
    <titleOfClass>TR UNIT</titleOfClass>
    <cusip>78462F103</cusip>
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    <nameOfIssuer>STRATEGY INC</nameOfIssuer>
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    <titleOfClass>COM</titleOfClass>
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    <nameOfIssuer>TEJON RANCH CO</nameOfIssuer>
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    <nameOfIssuer>TETRA TECHNOLOGIES INC DEL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>88162F105</cusip>
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    <nameOfIssuer>TEXAS PACIFIC LAND CORPORATI</nameOfIssuer>
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    <cusip>88262P102</cusip>
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    <nameOfIssuer>ST JOE CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
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      <sshPrnamt>542609</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>542609</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>THERMO FISHER SCIENTIFIC INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>883556102</cusip>
    <value>215290</value>
    <shrsOrPrnAmt>
      <sshPrnamt>438</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
    </shrsOrPrnAmt>
    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>438</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>TORONTO DOMINION BK ONT</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>891160509</cusip>
    <value>2099475</value>
    <shrsOrPrnAmt>
      <sshPrnamt>22500</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>22500</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>TRADEWEB MKTS INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>892672106</cusip>
    <value>621598</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5283</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5283</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>TRI POINTE HOMES INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>87265H109</cusip>
    <value>4017191</value>
    <shrsOrPrnAmt>
      <sshPrnamt>85966</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>85966</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>TRIPLE FLAG PRECIOUS METAL</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>89679M104</cusip>
    <value>14350158</value>
    <shrsOrPrnAmt>
      <sshPrnamt>413430</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>413430</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>UNITED RENTALS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>911363109</cusip>
    <value>550791</value>
    <shrsOrPrnAmt>
      <sshPrnamt>756</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>756</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>UNITEDHEALTH GROUP INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>91324P102</cusip>
    <value>458650</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1695</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1695</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VALMONT INDS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>920253101</cusip>
    <value>479884</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1201</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1201</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANDA PHARMACEUTICALS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>921659108</cusip>
    <value>164016</value>
    <shrsOrPrnAmt>
      <sshPrnamt>23736</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>23736</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANECK ETF TRUST</nameOfIssuer>
    <titleOfClass>HIGH YLD MUNIETF</titleOfClass>
    <cusip>92189H409</cusip>
    <value>14841</value>
    <shrsOrPrnAmt>
      <sshPrnamt>296</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>296</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANECK ETF TRUST</nameOfIssuer>
    <titleOfClass>JUNIOR GOLD MINE</titleOfClass>
    <cusip>92189F791</cusip>
    <value>666942</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5556</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5556</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANECK ETF TRUST</nameOfIssuer>
    <titleOfClass>PREFERRED SECURT</titleOfClass>
    <cusip>92189F429</cusip>
    <value>60583</value>
    <shrsOrPrnAmt>
      <sshPrnamt>3454</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>3454</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANECK ETF TRUST</nameOfIssuer>
    <titleOfClass>GOLD MINERS ETF</titleOfClass>
    <cusip>92189F106</cusip>
    <value>459859</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5011</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5011</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANECK ETF TRUST</nameOfIssuer>
    <titleOfClass>OIL SERVICES ETF</titleOfClass>
    <cusip>92189H607</cusip>
    <value>975064</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2412</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2412</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANGUARD BD INDEX FDS</nameOfIssuer>
    <titleOfClass>SHORT TRM BOND</titleOfClass>
    <cusip>921937827</cusip>
    <value>392128</value>
    <shrsOrPrnAmt>
      <sshPrnamt>5001</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>5001</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANGUARD BD INDEX FDS</nameOfIssuer>
    <titleOfClass>VANGUARD ULTRA</titleOfClass>
    <cusip>92203C303</cusip>
    <value>16879803</value>
    <shrsOrPrnAmt>
      <sshPrnamt>339054</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>339054</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
    <titleOfClass>EXTEND MKT ETF</titleOfClass>
    <cusip>922908652</cusip>
    <value>1244323</value>
    <shrsOrPrnAmt>
      <sshPrnamt>6046</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>6046</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
    <titleOfClass>S&amp;P 500 ETF SHS</titleOfClass>
    <cusip>922908363</cusip>
    <value>1759187</value>
    <shrsOrPrnAmt>
      <sshPrnamt>2944</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>2944</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
    <titleOfClass>SM CP VAL ETF</titleOfClass>
    <cusip>922908611</cusip>
    <value>29329</value>
    <shrsOrPrnAmt>
      <sshPrnamt>135</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>135</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
    <titleOfClass>SMALL CP ETF</titleOfClass>
    <cusip>922908751</cusip>
    <value>57360</value>
    <shrsOrPrnAmt>
      <sshPrnamt>219</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>219</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VANGUARD INDEX FDS</nameOfIssuer>
    <titleOfClass>TOTAL STK MKT</titleOfClass>
    <cusip>922908769</cusip>
    <value>295787</value>
    <shrsOrPrnAmt>
      <sshPrnamt>922</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>922</Sole>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VANGUARD SCOTTSDALE FDS</nameOfIssuer>
    <titleOfClass>SHORT TERM TREAS</titleOfClass>
    <cusip>92206C102</cusip>
    <value>5780708</value>
    <shrsOrPrnAmt>
      <sshPrnamt>98748</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>98748</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VERISK ANALYTICS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92345Y106</cusip>
    <value>1328250</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7000</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VERIZON COMMUNICATIONS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92343V104</cusip>
    <value>377052</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7511</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7511</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VERTIV HOLDINGS CO</nameOfIssuer>
    <titleOfClass>COM CL A</titleOfClass>
    <cusip>92537N108</cusip>
    <value>2762645</value>
    <shrsOrPrnAmt>
      <sshPrnamt>11025</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>11025</Sole>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VIPER ENERGY INC</nameOfIssuer>
    <titleOfClass>CL A</titleOfClass>
    <cusip>64361Q101</cusip>
    <value>78127514</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1662641</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1662641</Sole>
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      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>VISA INC</nameOfIssuer>
    <titleOfClass>COM CL A</titleOfClass>
    <cusip>92826C839</cusip>
    <value>1410252</value>
    <shrsOrPrnAmt>
      <sshPrnamt>4666</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>4666</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>WP CAREY INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>92936U109</cusip>
    <value>1495120</value>
    <shrsOrPrnAmt>
      <sshPrnamt>22000</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>22000</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>WATERBRIDGE INFRASTRUCTURE L</nameOfIssuer>
    <titleOfClass>CL A SHS REPSTG</titleOfClass>
    <cusip>940923105</cusip>
    <value>196696106</value>
    <shrsOrPrnAmt>
      <sshPrnamt>7342147</sshPrnamt>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>7342147</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>WENDYS CO</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>95058W100</cusip>
    <value>1870780</value>
    <shrsOrPrnAmt>
      <sshPrnamt>269177</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>269177</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>WESTERN MIDSTREAM PARTNERS L</nameOfIssuer>
    <titleOfClass>COM UNIT LP INT</titleOfClass>
    <cusip>958669103</cusip>
    <value>6988360</value>
    <shrsOrPrnAmt>
      <sshPrnamt>169744</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>169744</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>WEYERHAEUSER CO</nameOfIssuer>
    <titleOfClass>COM NEW</titleOfClass>
    <cusip>962166104</cusip>
    <value>252973</value>
    <shrsOrPrnAmt>
      <sshPrnamt>10355</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>10355</Sole>
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      <None>0</None>
    </votingAuthority>
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  <infoTable>
    <nameOfIssuer>WHEATON PRECIOUS METALS CORP</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>962879102</cusip>
    <value>230776606</value>
    <shrsOrPrnAmt>
      <sshPrnamt>1761519</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>1761519</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>WHITE MTNS INS GROUP LTD</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>G9618E107</cusip>
    <value>28806544</value>
    <shrsOrPrnAmt>
      <sshPrnamt>13112</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>13112</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>WILLIAMS COS INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>969457100</cusip>
    <value>10065553</value>
    <shrsOrPrnAmt>
      <sshPrnamt>138301</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>138301</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
  <infoTable>
    <nameOfIssuer>WISDOMTREE INC</nameOfIssuer>
    <titleOfClass>COM</titleOfClass>
    <cusip>97717P104</cusip>
    <value>2446901</value>
    <shrsOrPrnAmt>
      <sshPrnamt>168056</sshPrnamt>
      <sshPrnamtType>SH</sshPrnamtType>
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    <investmentDiscretion>DFND</investmentDiscretion>
    <votingAuthority>
      <Sole>168056</Sole>
      <Shared>0</Shared>
      <None>0</None>
    </votingAuthority>
  </infoTable>
</informationTable>
