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 7,896 90,900 SH   SOLE 1 90,900 0 0
AFLAC INC COM 001055102 13,812 261,100 SH   SOLE 1 261,100 0 0
AGNICO EAGLE MINES LTD COM 008474108 4,368 70,900 SH   SOLE   70,900 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0 1,105 1,000,000 PRN   SOLE 1 1,000,000 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 1,596 32,000 SH   SOLE 1 32,000 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 2,153 117,308 SH   SOLE   117,308 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 17,024 286,400 SH   SOLE 1 286,400 0 0
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 4,798 129,600 SH   SOLE 1 129,600 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 42,974 189,730 SH   SOLE 1 189,730 0 0
BROOKLINE BANCORP INC DEL COM 11373M107 7,172 435,702 SH   SOLE 1 435,702 0 0
BROWN & BROWN INC COM 115236101 30,944 783,800 SH   SOLE 1 783,800 0 0
CAMBRIDGE BANCORP COM 132152109 585 7,300 SH   SOLE   7,300 0 0
CAMPBELL SOUP CO COM 134429109 326 6,600 SH   SOLE 1 6,600 0 0
CBOE GLOBAL MARKETS INC COM 12503M108 6,084 50,700 SH   SOLE 1 50,700 0 0
CENTRAL PAC FINL CORP COM NEW 154760409 7,238 244,700 SH   SOLE 1 244,700 0 0
CENTRAL VALLEY CMNTY BANCORP COM 155685100 1,073 49,528 SH   SOLE 1 49,528 0 0
CHURCH & DWIGHT INC COM 171340102 10,754 152,884 SH   SOLE 1 152,884 0 0
CINCINNATI FINL CORP COM 172062101 5,615 53,400 SH   SOLE 1 53,400 0 0
CIRCOR INTL INC COM 17273k109 4,360 94,300 SH   SOLE 1 94,300 0 0
CITIGROUP INC COM NEW 172967424 9,484 118,719 SH   SOLE 1 118,719 0 0
COCA COLA CO COM 191216100 6,447 116,475 SH   SOLE 1 116,475 0 0
COLGATE PALMOLIVE CO COM 194162103 10,502 152,550 SH   SOLE 1 152,550 0 0
COMERICA INC COM 200340107 1,263 17,600 SH   SOLE 1 17,600 0 0
COUSINS PPTYS INC COM NEW 222795502 5,341 129,634 SH   SOLE 1 129,634 0 0
DARDEN RESTAURANTS INC COM 237194105 9,604 88,100 SH   SOLE 1 88,100 0 0
DEVON ENERGY CORP NEW COM 25179M103 4,280 164,800 SH   SOLE 1 164,800 0 0
DIME CMNTY BANCSHARES COM 253922108 2,643 126,500 SH   SOLE 1 126,500 0 0
DOMTAR CORP COM NEW 257559203 2,002 52,353 SH   SOLE 1 52,353 0 0
EATON CORP PLC SHS G29183103 8,520 89,950 SH   SOLE 1 89,950 0 0
EBAY INC COM 278642103 6,186 171,300 SH   SOLE 1 171,300 0 0
EMPLOYERS HOLDINGS INC COM 292218104 4,593 110,000 SH   SOLE 1 110,000 0 0
EXXON MOBIL CORP COM 30231G102 1,221 17,500 SH   SOLE 1 17,500 0 0
FARO TECHNOLOGIES INC COM 311642102 4,582 91,000 SH   SOLE 1 91,000 0 0
FEDERATED INVS INC PA CL B 314211103 4,077 125,100 SH   SOLE 1 125,100 0 0
FIFTH THIRD BANCORP COM 316773100 7,046 229,200 SH   SOLE 1 229,200 0 0
FIRST AMERN FINL CORP COM 31847r102 453 7,775 SH   SOLE 1 7,775 0 0
FLIR SYS INC COM 302445101 11,135 213,850 SH   SOLE 1 213,850 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 583 20,696 SH   SOLE 1 20,696 0 0
FRANKLIN RES INC COM 354613101 1,218 46,900 SH   SOLE 1 46,900 0 0
GALLAGHER ARTHUR J & CO COM 363576109 8,418 88,400 SH   SOLE 1 88,400 0 0
GENERAL DYNAMICS CORP COM 369550108 846 4,800 SH   SOLE   4,800 0 0
GLOBE LIFE INC COM 37959E102 23,002 218,550 SH   SOLE 1 218,550 0 0
HANOVER INS GROUP INC COM 410867105 12,947 94,730 SH   SOLE 1 94,730 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 3,241 294,939 SH   SOLE 1 294,939 0 0
HESS CORP COM 42809H107 6,599 98,780 SH   SOLE 1 98,780 0 0
HOME DEPOT INC COM 437076102 8,345 38,214 SH   SOLE 1 38,214 0 0
HOMETRUST BANCSHARES INC COM 437872104 2,146 79,990 SH   SOLE 1 79,990 0 0
HOWARD HUGHES CORP COM 44267d107 4,640 36,595 SH   SOLE 1 36,595 0 0
HYATT HOTELS CORP COM CL A 448579102 3,472 38,705 SH   SOLE 1 38,705 0 0
ILLINOIS TOOL WKS INC COM 452308109 3,657 20,360 SH   SOLE   20,360 0 0
INVESCO LTD SHS G491BT108 1,356 75,400 SH   SOLE 1 75,400 0 0
JEFFERIES FINL GROUP INC COM 47233W109 4,944 231,362 SH   SOLE 1 231,362 0 0
JOHNSON & JOHNSON COM 478160104 6,957 47,690 SH   SOLE 1 47,690 0 0
KAMAN CORP NOTE 3.250% 5/0 483548AF0 239 200,000 PRN   SOLE 1 200,000 0 0
KEARNY FINL CORP MD COM 48716P108 4,487 324,429 SH   SOLE 1 324,429 0 0
KEMPER CORP DEL COM 488401100 3,898 50,300 SH   SOLE 1 50,300 0 0
KEYCORP NEW COM 493267108 11,166 551,700 SH   SOLE 1 551,700 0 0
KINROSS GOLD CORP COM 496902404 631 133,100 SH   SOLE 1 133,100 0 0
KIRBY CORP COM 497266106 3,707 41,400 SH   SOLE   41,400 0 0
LANDSTAR SYS INC COM 515098101 2,448 21,500 SH   SOLE 1 21,500 0 0
LEIDOS HLDGS INC COM 525327102 11,243 114,850 SH   SOLE 1 114,850 0 0
LIGAND PHARMACEUTICALS INC NOTE 0.750% 5/1 53220KAF5 863 1,000,000 PRN   SOLE 1 1,000,000 0 0
LITTELFUSE INC COM 537008104 3,130 16,360 SH   SOLE 1 16,360 0 0
LOEWS CORP COM 540424108 748 14,250 SH   SOLE 1 14,250 0 0
LOUISIANA PAC CORP COM 546347105 688 23,200 SH   SOLE 1 23,200 0 0
LOWES COS INC COM 548661107 7,928 66,200 SH   SOLE 1 66,200 0 0
MAXIM INTEGRATED PRODS INC COM 57772K101 6,871 111,700 SH   SOLE 1 111,700 0 0
MEDTRONIC PLC SHS G5960L103 8,770 77,300 SH   SOLE 1 77,300 0 0
MERCK & CO INC COM 58933Y105 13,638 149,948 SH   SOLE 1 149,948 0 0
MERCURY GENL CORP NEW COM 589400100 12,173 249,800 SH   SOLE 1 249,800 0 0
MERIDIAN BANCORP INC MD COM 58958U103 904 45,000 SH Call SOLE   45,000 0 0
MICROSOFT CORP COM 594918104 16,369 103,800 SH   SOLE 1 103,800 0 0
MONDELEZ INTL INC CL A 609207105 9,358 169,901 SH   SOLE 1 169,901 0 0
MOOG INC CL A 615394202 2,261 26,500 SH   SOLE 1 26,500 0 0
NEWMONT GOLDCORP CORPORATION COM 651639106 10,945 251,900 SH   SOLE 1 251,900 0 0
NOBLE ENERGY INC COM 655044105 5,107 205,600 SH   SOLE 1 205,600 0 0
NOODLES & CO COM CL A 65540B105 3,996 721,304 SH   SOLE 1 721,304 0 0
NOODLES & CO COM CL A 65540B105 194 35,000 SH Call SOLE   35,000 0 0
OCEANFIRST FINL CORP COM 675234108 4,406 172,500 SH   SOLE 1 172,500 0 0
ORACLE CORP COM 68389X105 5,097 96,200 SH   SOLE 1 96,200 0 0
PALO ALTO NETWORKS INC NOTE 0.750% 7/0 697435AD7 772 700,000 PRN   SOLE 1 700,000 0 0
PAYCHEX INC COM 704326107 6,728 79,100 SH   SOLE 1 79,100 0 0
PAYPAL HLDGS INC COM 70450y103 4,814 44,500 SH   SOLE   44,500 0 0
PB BANCORP INC COM 70454T100 1,000 65,988 SH   SOLE   65,988 0 0
PCSB FINL CORP COM 69324R104 3,621 178,800 SH   SOLE 1 178,800 0 0
PENTAIR PLC SHS G7S00T104 10,513 229,200 SH   SOLE 1 229,200 0 0
PJT PARTNERS INC COM CL A 69343T107 4,287 95,000 SH   SOLE   95,000 0 0
PNC FINL SVCS GROUP INC COM 693475105 19,702 123,420 SH   SOLE   123,420 0 0
POWELL INDS INC COM 739128106 1,533 31,283 SH   SOLE 1 31,283 0 0
PRICELINE GRP INC NOTE 0.900% 9/1 741503AX4 230 200,000 PRN   SOLE 1 200,000 0 0
PRIMERICA INC COM 74164M108 11,265 86,280 SH   SOLE 1 86,280 0 0
PROASSURANCE CORP COM 74267c106 5,663 156,700 SH   SOLE 1 156,700 0 0
PROGRESSIVE CORP OHIO COM 743315103 9,642 133,200 SH   SOLE   133,200 0 0
REGAL BELOIT CORP COM 758750103 4,259 49,750 SH   SOLE 1 49,750 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 29,893 152,499 SH   SOLE 1 152,499 0 0
SCHLUMBERGER LTD COM 806857108 8,076 200,900 SH   SOLE 1 200,900 0 0
SCIENCE APPLICATNS INTL CP N COM 808625107 7,266 83,500 SH   SOLE 1 83,500 0 0
SELECTIVE INS GROUP INC COM 816300107 9,198 141,100 SH   SOLE 1 141,100 0 0
SMUCKER J M CO COM NEW 832696405 6,284 60,350 SH   SOLE 1 60,350 0 0
SUNCOR ENERGY INC NEW COM 867224107 7,774 237,000 SH   SOLE 1 237,000 0 0
SYNAPTICS INC NOTE 0.500% 6/1 87157DAD1 1,331 1,200,000 PRN   SOLE 1 1,200,000 0 0
TELEPHONE & DATA SYS INC COM NEW 879433829 742 29,175 SH   SOLE 1 29,175 0 0
THE ONE GROUP HOSPITALITY IN COM 88338K103 368 101,150 SH   SOLE   101,150 0 0
TOOTSIE ROLL INDS INC COM 890516107 3,529 103,383 SH   SOLE 1 103,383 0 0
UNITED TECHNOLOGIES CORP COM 913017109 7,066 47,180 SH   SOLE   47,180 0 0
US BANCORP DEL COM NEW 902973304 13,097 220,900 SH   SOLE   220,900 0 0
VERINT SYS INC NOTE 1.500% 6/0 92343XAA8 1,367 1,270,000 PRN   SOLE 1 1,270,000 0 0
VOYA FINL INC COM 929089100 8,958 146,900 SH   SOLE 1 146,900 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 478 8,100 SH   SOLE 1 8,100 0 0
WATERSTONE FINL INC MD COM 94188P101 3,142 165,100 SH   SOLE 1 165,100 0 0
WELLESLEY BANCORP INC COM 949485106 585 13,000 SH   SOLE   13,000 0 0
WESTERN NEW ENG BANCORP INC COM 958892101 1,873 194,469 SH   SOLE 1 194,469 0 0
XILINX INC COM 983919101 2,488 25,450 SH   SOLE 1 25,450 0 0