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
ABBOTT LABS COM 002824100 7,530 90,000 SH   SOLE 1 90,000 0 0
AFLAC INC COM 001055102 13,519 258,400 SH   SOLE 1 258,400 0 0
AGNICO EAGLE MINES LTD COM 008474108 3,753 70,000 SH   SOLE   70,000 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0 1,118 1,000,000 PRN   SOLE 1 1,000,000 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 1,426 32,000 SH   SOLE 1 32,000 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 2,034 117,308 SH   SOLE   117,308 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 18,968 284,300 SH   SOLE 1 284,300 0 0
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 3,684 124,300 SH   SOLE 1 124,300 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 39,335 189,090 SH   SOLE 1 189,090 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 6,266 425,402 SH   SOLE 1 425,402 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 2,003 136,000 SH Call SOLE   136,000 0 0
BROWN & BROWN INC COM 115236101 28,084 778,800 SH   SOLE 1 778,800 0 0
CAMPBELL SOUP CO COM 134429109 488 10,400 SH   SOLE 1 10,400 0 0
CBOE GLOBAL MARKETS INC COM 12503M108 5,768 50,200 SH   SOLE 1 50,200 0 0
CENTRAL PAC FINL CORP COM NEW 154760409 6,850 241,200 SH   SOLE 1 241,200 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 1,008 49,528 SH   SOLE 1 49,528 0 0
CHURCH & DWIGHT INC COM 171340102 11,398 151,484 SH   SOLE 1 151,484 0 0
CINCINNATI FINL CORP COM 172062101 8,015 68,700 SH   SOLE 1 68,700 0 0
CIRCOR INTL INC COM 17273K109 3,518 93,700 SH   SOLE 1 93,700 0 0
CITIGROUP INC COM NEW 172967424 8,118 117,519 SH   SOLE 1 117,519 0 0
COCA COLA CO COM 191216100 5,062 92,975 SH   SOLE 1 92,975 0 0
COLGATE PALMOLIVE CO COM 194162103 12,581 171,150 SH   SOLE 1 171,150 0 0
COMERICA INC COM 200340107 5,998 90,900 SH   SOLE 1 90,900 0 0
COUSINS PPTYS INC COM NEW 222795502 4,847 128,934 SH   SOLE 1 128,934 0 0
DARDEN RESTAURANTS INC COM 237194105 3,618 30,600 SH   SOLE 1 30,600 0 0
DIME CMNTY BANCSHARES COM 253922108 4,151 193,900 SH   SOLE 1 193,900 0 0
DOMTAR CORP COM NEW 257559203 1,875 52,353 SH   SOLE 1 52,353 0 0
E TRADE FINANCIAL CORP COM NEW 269246401 4,666 106,800 SH   SOLE 1 106,800 0 0
EATON CORP PLC SHS G29183103 7,704 92,650 SH   SOLE 1 92,650 0 0
EBAY INC COM 278642103 6,623 169,900 SH   SOLE 1 169,900 0 0
EMPLOYERS HOLDINGS INC COM 292218104 4,419 101,400 SH   SOLE 1 101,400 0 0
EXXON MOBIL CORP COM 30231G102 1,236 17,500 SH   SOLE 1 17,500 0 0
FARO TECHNOLOGIES INC COM 311642102 4,158 86,000 SH   SOLE 1 86,000 0 0
FEDERATED INVS INC PA CL B 314211103 12,864 396,900 SH   SOLE 1 396,900 0 0
FIRST AMERN FINL CORP COM 31847R102 459 7,775 SH   SOLE 1 7,775 0 0
FLIR SYS INC COM 302445101 11,173 212,450 SH   SOLE 1 212,450 0 0
FORESTAR GROUP INC NOTE 3.750% 3/0 346232AB7 1,890 1,890,000 PRN   SOLE 1 1,890,000 0 0
FOUR CORNERS PPTY TR INC COM 35086T109 585 20,696 SH   SOLE 1 20,696 0 0
FRANKLIN RES INC COM 354613101 4,680 162,159 SH   SOLE 1 162,159 0 0
GALLAGHER ARTHUR J & CO COM 363576109 5,267 58,800 SH   SOLE   58,800 0 0
GENERAL DYNAMICS CORP COM 369550108 877 4,800 SH   SOLE   4,800 0 0
GLOBE LIFE INC COM 37959E102 20,794 217,150 SH   SOLE 1 217,150 0 0
HANOVER INS GROUP INC COM 410867105 16,682 123,080 SH   SOLE 1 123,080 0 0
HARBORONE BANCORP INC COM 41165F101 2,969 294,939 SH   SOLE 1 294,939 0 0
HESS CORP COM 42809H107 5,950 98,380 SH   SOLE 1 98,380 0 0
HOME DEPOT INC COM 437076102 8,818 38,004 SH   SOLE 1 38,004 0 0
HOMETRUST BANCSHARES INC COM 437872104 2,440 93,590 SH   SOLE 1 93,590 0 0
HOWARD HUGHES CORP COM 44267D107 4,708 36,325 SH   SOLE 1 36,325 0 0
HYATT HOTELS CORP COM CL A 448579102 3,497 47,465 SH   SOLE 1 47,465 0 0
ILLINOIS TOOL WKS INC COM 452308109 3,147 20,110 SH   SOLE   20,110 0 0
INVESCO LTD SHS G491BT108 1,277 75,400 SH   SOLE 1 75,400 0 0
JEFFERIES FINL GROUP INC COM 47233W109 4,222 229,462 SH   SOLE 1 229,462 0 0
JOHNSON & JOHNSON COM 478160104 5,057 39,090 SH   SOLE   39,090 0 0
KAMAN CORP NOTE 3.250% 5/0 483548AF0 232 200,000 PRN   SOLE 1 200,000 0 0
KEARNY FINL CORP MD COM 48716P108 7,187 551,129 SH   SOLE 1 551,129 0 0
KEMPER CORP DEL COM 488401100 2,533 32,500 SH   SOLE 1 32,500 0 0
KEYCORP NEW COM 493267108 9,760 547,100 SH   SOLE 1 547,100 0 0
KINROSS GOLD CORP COM 496902404 612 133,100 SH   SOLE 1 133,100 0 0
KIRBY CORP COM 497266106 3,360 40,900 SH   SOLE   40,900 0 0
LANDSTAR SYS INC COM 515098101 2,679 23,800 SH   SOLE 1 23,800 0 0
LEIDOS HLDGS INC COM 525327102 13,110 152,650 SH   SOLE 1 152,650 0 0
LITTELFUSE INC COM 537008104 2,653 14,960 SH   SOLE 1 14,960 0 0
LOEWS CORP COM 540424108 734 14,250 SH   SOLE 1 14,250 0 0
LOUISIANA PAC CORP COM 546347105 570 23,200 SH   SOLE 1 23,200 0 0
LOWES COS INC COM 548661107 8,918 81,100 SH   SOLE 1 81,100 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 3,110 53,700 SH   SOLE 1 53,700 0 0
MEDTRONIC PLC SHS G5960L103 8,309 76,500 SH   SOLE 1 76,500 0 0
MERCK & CO INC COM 58933Y105 12,522 148,748 SH   SOLE 1 148,748 0 0
MERCURY GENL CORP NEW COM 589400100 11,919 213,300 SH   SOLE 1 213,300 0 0
MERIDIAN BANCORP INC MD COM 58958U103 1,313 70,000 SH Call SOLE   70,000 0 0
MICROSOFT CORP COM 594918104 14,455 103,970 SH   SOLE 1 103,970 0 0
MONDELEZ INTL INC CL A 609207105 9,316 168,401 SH   SOLE 1 168,401 0 0
MOOG INC CL A 615394202 1,752 21,600 SH   SOLE 1 21,600 0 0
NEWMONT GOLDCORP CORPORATION COM 651639106 9,480 250,000 SH   SOLE 1 250,000 0 0
NOBLE ENERGY INC COM 655044105 4,577 203,800 SH   SOLE 1 203,800 0 0
NOODLES & CO COM CL A 65540B105 3,558 628,704 SH   SOLE 1 628,704 0 0
OCEANFIRST FINL CORP COM 675234108 1,949 82,600 SH   SOLE 1 82,600 0 0
ORACLE CORP COM 68389X105 5,233 95,100 SH   SOLE 1 95,100 0 0
PALO ALTO NETWORKS INC NOTE 0.750% 7/0 697435AD7 736 700,000 PRN   SOLE 1 700,000 0 0
PAYCHEX INC COM 704326107 6,771 81,800 SH   SOLE 1 81,800 0 0
PAYPAL HLDGS INC COM 70450Y103 4,558 44,000 SH   SOLE   44,000 0 0
PB BANCORP INC COM 70454T100 759 65,988 SH   SOLE   65,988 0 0
PCSB FINL CORP COM 69324R104 3,574 178,800 SH   SOLE 1 178,800 0 0
PENTAIR PLC SHS G7S00T104 4,861 128,600 SH   SOLE 1 128,600 0 0
PJT PARTNERS INC COM CL A 69343T107 3,822 93,900 SH   SOLE   93,900 0 0
PNC FINL SVCS GROUP INC COM 693475105 17,104 122,030 SH   SOLE   122,030 0 0
POWELL INDS INC COM 739128106 4,623 118,083 SH   SOLE 1 118,083 0 0
PRICELINE GRP INC NOTE 0.900% 9/1 741503AX4 228 200,000 PRN   SOLE 1 200,000 0 0
PRIMERICA INC COM 74164M108 12,390 97,380 SH   SOLE 1 97,380 0 0
PROASSURANCE CORP COM 74267C106 6,169 153,200 SH   SOLE 1 153,200 0 0
PROGRESSIVE CORP OHIO COM 743315103 10,151 131,400 SH   SOLE   131,400 0 0
REGAL BELOIT CORP COM 758750103 3,624 49,750 SH   SOLE 1 49,750 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 32,561 168,319 SH   SOLE 1 168,319 0 0
RTI INTL METALS INC NOTE 1.625%10/1 74973WAB3 718 719,000 PRN   SOLE 1 719,000 0 0
RUTHS HOSPITALITY GROUP INC COM 783332109 2,546 124,700 SH   SOLE 1 124,700 0 0
SCHLUMBERGER LTD COM 806857108 4,162 121,800 SH   SOLE 1 121,800 0 0
SCIENCE APPLICATNS INTL CP N COM 808625107 5,285 60,500 SH   SOLE 1 60,500 0 0
SELECTIVE INS GROUP INC COM 816300107 9,594 127,600 SH   SOLE 1 127,600 0 0
SMUCKER J M CO COM NEW 832696405 2,585 23,500 SH   SOLE 1 23,500 0 0
SPECTRUM BRANDS HLDGS INC NE COM 84790A105 322 6,116 SH   SOLE 1 6,116 0 0
SUNCOR ENERGY INC NEW COM 867224107 7,406 234,500 SH   SOLE 1 234,500 0 0
SYNAPTICS INC NOTE 0.500% 6/1 87157DAD1 1,145 1,200,000 PRN   SOLE 1 1,200,000 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829 753 29,175 SH   SOLE 1 29,175 0 0
THE ONE GROUP HOSPITALITY IN COM 88338K103 302 107,081 SH   SOLE   107,081 0 0
TOOTSIE ROLL INDS INC COM 890516107 3,840 103,383 SH   SOLE 1 103,383 0 0
UNITED TECHNOLOGIES CORP COM 913017109 6,367 46,640 SH   SOLE   46,640 0 0
US BANCORP DEL COM NEW 902973304 12,081 218,300 SH   SOLE   218,300 0 0
VERINT SYS INC NOTE 1.500% 6/0 92343XAA8 1,277 1,270,000 PRN   SOLE 1 1,270,000 0 0
VOYA FINL INC COM 929089100 6,359 116,800 SH   SOLE 1 116,800 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 448 8,100 SH   SOLE 1 8,100 0 0
WATERSTONE FINL INC MD COM 94188P101 2,836 165,100 SH   SOLE 1 165,100 0 0
WESTERN NEW ENG BANCORP INC COM 958892101 1,853 194,469 SH   SOLE 1 194,469 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 2,952 2,733 SH   SOLE 1 2,733 0 0
XILINX INC COM 983919101 2,421 25,250 SH   SOLE 1 25,250 0 0