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 4,947 45,185 SH   SOLE 1 45,185 0 0
ABERDEEN STD PLATINUM ETF TR PHYSCL PLATM SHS 003260106 13,271 131,750 SH   SOLE 1 131,750 0 0
AFLAC INC COM 001055102 12,949 291,180 SH   SOLE 1 291,180 0 0
AGNICO EAGLE MINES LTD COM 008474108 2,933 41,600 SH   SOLE   41,600 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0 743 600,000 PRN   SOLE 1 600,000 0 0
ALLEGHANY CORP DEL COM 017175100 23,918 39,620 SH   SOLE 1 39,620 0 0
GALLAGHER ARTHUR J & CO COM 363576109 24,476 197,850 SH   SOLE 1 197,850 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 303 6,060 SH   SOLE 1 6,060 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 1,641 103,108 SH   SOLE   103,108 0 0
AXALTA COATING SYS LTD COM G0750C108 4,431 155,200 SH   SOLE 1 155,200 0 0
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 5,975 191,750 SH   SOLE 1 191,750 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 40,161 173,205 SH   SOLE 1 173,205 0 0
BIOMARIN PHARMACEUTICAL INC NOTE 0.599% 8/0 09061GAH4 537 500,000 PRN   SOLE 1 500,000 0 0
PRICELINE GRP INC NOTE 0.900% 9/1 741503AX4 348 300,000 PRN   SOLE 1 300,000 0 0
BROWN & BROWN INC COM 115236101 25,162 530,730 SH   SOLE 1 530,730 0 0
CAMBRIDGE BANCORP COM 132152109 1,264 18,115 SH   SOLE   18,115 0 0
CAMPBELL SOUP CO COM 134429109 239 4,950 SH   SOLE 1 4,950 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 1,442 38,230 SH   SOLE   38,230 0 0
CBOE GLOBAL MKTS INC COM 12503M108 7,680 82,475 SH   SOLE 1 82,475 0 0
CENTRAL VY CMNTY BANCORP COM 155685100 1,259 84,578 SH   SOLE 1 84,578 0 0
CHURCH & DWIGHT INC COM 171340102 13,074 149,884 SH   SOLE 1 149,884 0 0
CIGNA CORP NEW COM 125523100 5,034 24,180 SH   SOLE   24,180 0 0
CIRCOR INTL INC COM 17273k109 1,044 27,150 SH   SOLE 1 27,150 0 0
CITIGROUP INC COM NEW 172967424 2,893 46,920 SH   SOLE 1 46,920 0 0
COLGATE PALMOLIVE CO COM 194162103 428 5,000 SH   SOLE   5,000 0 0
COMERICA INC COM 200340107 17,205 308,000 SH   SOLE 1 308,000 0 0
CURTISS WRIGHT CORP COM 231561101 8,656 74,400 SH   SOLE 1 74,400 0 0
DARDEN RESTAURANTS INC COM 237194105 9,160 76,900 SH   SOLE 1 76,900 0 0
DEVON ENERGY CORP NEW COM 25179M103 2,275 143,900 SH   SOLE 1 143,900 0 0
DOMTAR CORP COM NEW 257559203 2,377 75,093 SH   SOLE 1 75,093 0 0
EATON CORP PLC SHS G29183103 7,049 58,670 SH   SOLE 1 58,670 0 0
EBAY INC. COM 278642103 8,417 167,500 SH   SOLE 1 167,500 0 0
EVEREST RE GROUP LTD COM G3223R108 8,952 38,240 SH   SOLE 1 38,240 0 0
EXXON MOBIL CORP COM 30231G102 404 9,800 SH   SOLE   9,800 0 0
FARO TECHNOLOGIES INC COM 311642102 5,717 80,940 SH   SOLE 1 80,940 0 0
FEDERATED HERMES INC CL B 314211103 11,579 400,800 SH   SOLE 1 400,800 0 0
FIRST AMERN FINL CORP COM 31847r102 314 6,075 SH   SOLE 1 6,075 0 0
FIRST BANCSHARES INC MS COM 318916103 613 19,850 SH   SOLE   19,850 0 0
FIRST CHOICE BANCORP COM 31948P104 322 17,400 SH   SOLE   17,400 0 0
FIRST HORIZON CORPORATION COM 320517105 9,172 718,830 SH   SOLE 1 718,830 0 0
FLIR SYS INC COM 302445101 18,361 418,910 SH   SOLE 1 418,910 0 0
FOUR CORNERS PPTY TR INC COM 35086T109 481 16,146 SH   SOLE 1 16,146 0 0
GENERAL DYNAMICS CORP COM 369550108 5,035 33,830 SH   SOLE   33,830 0 0
GLOBE LIFE INC COM 37959E102 24,771 260,860 SH   SOLE 1 260,860 0 0
HAEMONETICS CORP COM 405024100 10,379 87,405 SH   SOLE 1 87,405 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 3,589 330,489 SH   SOLE 1 330,489 0 0
HESS CORP COM 42809H107 6,050 114,600 SH   SOLE 1 114,600 0 0
HOME DEPOT INC COM 437076102 7,882 29,674 SH   SOLE 1 29,674 0 0
HOMETRUST BANCSHARES INC COM 437872104 2,596 134,450 SH   SOLE 1 134,450 0 0
INVESCO LTD SHS G491BT108 903 51,800 SH   SOLE 1 51,800 0 0
JEFFERIES FINL GROUP INC COM 47233W109 1,128 45,850 SH   SOLE 1 45,850 0 0
JOHNSON & JOHNSON COM 478160104 7,587 48,210 SH   SOLE 1 48,210 0 0
JPMORGAN CHASE & CO COM 46625H100 10,687 84,100 SH   SOLE   84,100 0 0
KAMAN CORP NOTE 3.250% 5/0 483548AF0 1,152 1,000,000 PRN   SOLE 1 1,000,000 0 0
KEARNY FINL CORP MD COM 48716P108 3,786 358,529 SH   SOLE 1 358,529 0 0
KEMPER CORP COM 488401100 4,747 61,789 SH   SOLE 1 61,789 0 0
KEYCORP COM 493267108 14,673 894,150 SH   SOLE 1 894,150 0 0
KINROSS GOLD CORP COM 496902404 616 83,900 SH   SOLE 1 83,900 0 0
LEIDOS HOLDINGS INC COM 525327102 10,969 104,350 SH   SOLE 1 104,350 0 0
LIGAND PHARMACEUTICALS INC NOTE 0.750% 5/1 53220KAF5 847 900,000 PRN   SOLE 1 900,000 0 0
LITTELFUSE INC COM 537008104 14,327 56,260 SH   SOLE 1 56,260 0 0
LOUISIANA PAC CORP COM 546347105 674 18,120 SH   SOLE 1 18,120 0 0
MARSH & MCLENNAN COS INC COM 571748102 456 3,900 SH   SOLE   3,900 0 0
MASTERCARD INCORPORATED CL A 57636Q104 5,636 15,790 SH   SOLE   15,790 0 0
MEDTRONIC PLC SHS G5960L103 11,808 100,800 SH   SOLE 1 100,800 0 0
MEGALITH FINL ACQUISITION CO CL A COM 58518F109 616 43,900 SH   SOLE   43,900 0 0
MERCK & CO. INC COM 58933Y105 18,082 221,048 SH   SOLE 1 221,048 0 0
MERCURY GENL CORP NEW COM 589400100 5,221 100,000 SH   SOLE 1 100,000 0 0
MICROSOFT CORP COM 594918104 5,366 24,125 SH   SOLE 1 24,125 0 0
MONDELEZ INTL INC CL A 609207105 11,691 199,941 SH   SOLE 1 199,941 0 0
MOOG INC CL A 615394202 4,064 51,250 SH   SOLE 1 51,250 0 0
NEWMONT CORP COM 651639106 4,665 77,900 SH   SOLE 1 77,900 0 0
NOODLES & CO COM CL A 65540B105 6,589 834,033 SH   SOLE 1 834,033 0 0
NUVASIVE INC COM 670704105 4,287 76,100 SH   SOLE 1 76,100 0 0
THE ONE GROUP HOSPITALITY IN COM 88338K103 213 57,450 SH   SOLE   57,450 0 0
OPEN LENDING CORP COM CL A 68373J104 505 14,450 SH   SOLE   14,450 0 0
ORACLE CORP COM 68389X105 5,083 78,580 SH   SOLE 1 78,580 0 0
ORIGIN BANCORP INC COM 68621T102 2,138 77,000 SH   SOLE 1 77,000 0 0
OTIS WORLDWIDE CORP COM 68902V107 5,069 75,040 SH   SOLE 1 75,040 0 0
PALO ALTO NETWORKS INC NOTE 0.750% 7/0 697435AD7 705 500,000 PRN   SOLE 1 500,000 0 0
PARSLEY ENERGY INC CL A 701877102 13,276 934,900 SH   SOLE 1 934,900 0 0
PAYCHEX INC COM 704326107 7,795 83,650 SH   SOLE 1 83,650 0 0
PAYPAL HLDGS INC COM 70450y103 4,028 17,200 SH   SOLE   17,200 0 0
PCSB FINL CORP COM 69324R104 3,146 197,338 SH   SOLE 1 197,338 0 0
PENTAIR PLC SHS G7S00T104 11,799 222,250 SH   SOLE 1 222,250 0 0
PJT PARTNERS INC COM CL A 69343T107 4,974 66,100 SH   SOLE   66,100 0 0
PPG INDS INC COM 693506107 7,211 50,000 SH   SOLE   50,000 0 0
PRIMERICA INC COM 74164M108 10,251 76,540 SH   SOLE 1 76,540 0 0
PROCTER AND GAMBLE CO COM 742718109 6,701 48,160 SH   SOLE 1 48,160 0 0
PROGRESSIVE CORP COM 743315103 11,722 118,550 SH   SOLE   118,550 0 0
QCR HOLDINGS INC COM 74727A104 4,559 115,150 SH   SOLE 1 115,150 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 4,904 68,580 SH   SOLE 1 68,580 0 0
REGAL BELOIT CORP COM 758750103 6,865 55,900 SH   SOLE 1 55,900 0 0
RENAISSANCERE HLDGS LTD COM G7496G103 26,819 161,734 SH   SOLE 1 161,734 0 0
ROBERT HALF INTL INC COM 770323103 3,986 63,800 SH   SOLE 1 63,800 0 0
SCHLUMBERGER LTD COM 806857108 7,361 337,200 SH   SOLE 1 337,200 0 0
SCIENCE APPLICATIONS INTL CO COM 808625107 3,166 33,450 SH   SOLE   33,450 0 0
SELECTIVE INS GROUP INC COM 816300107 15,785 235,670 SH   SOLE 1 235,670 0 0
SENSATA TECHNOLOGIES HLDG PL SHS G8060N102 3,692 70,000 SH   SOLE 1 70,000 0 0
SILVERGATE CAP CORP CL A 82837P408 1,027 13,821 SH   SOLE   13,821 0 0
SUNCOR ENERGY INC NEW COM 867224107 1,863 111,000 SH   SOLE 1 111,000 0 0
SYNOVUS FINL CORP COM NEW 87161C501 3,731 115,250 SH   SOLE 1 115,250 0 0
COCA COLA CO COM 191216100 5,444 99,265 SH   SOLE 1 99,265 0 0
HANOVER INS GROUP INC COM 410867105 16,148 138,110 SH   SOLE 1 138,110 0 0
HOWARD HUGHES CORP COM 44267d107 12,571 159,265 SH   SOLE 1 159,265 0 0
SMUCKER J M CO COM NEW 832696405 9,256 80,070 SH   SOLE 1 80,070 0 0
PNC FINL SVCS GROUP INC COM 693475105 20,383 136,800 SH   SOLE 1 136,800 0 0
TOOTSIE ROLL INDS INC COM 890516107 1,578 53,122 SH   SOLE 1 53,122 0 0
US BANCORP DEL COM NEW 902973304 11,965 256,820 SH   SOLE   256,820 0 0
UNIVEST FINANCIAL CORPORATIO COM 915271100 1,283 62,350 SH   SOLE 1 62,350 0 0
VECTRUS INC COM 92242T101 5,402 108,650 SH   SOLE 1 108,650 0 0
VERINT SYS INC NOTE 1.500% 6/0 92343XAA8 954 870,000 PRN   SOLE 1 870,000 0 0
VISA INC COM CL A 92826C839 5,184 23,700 SH   SOLE   23,700 0 0
VOYA FINANCIAL INC COM 929089100 12,756 216,900 SH   SOLE 1 216,900 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 362 9,080 SH   SOLE 1 9,080 0 0
WASHINGTON TR BANCORP COM 940610108 260 5,800 SH   SOLE   5,800 0 0
WATERSTONE FINL INC MD COM 94188P101 4,375 232,450 SH   SOLE 1 232,450 0 0