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 4,960 42,785 SH   SOLE 1 42,785 0 0
ABERDEEN STD PLATINUM ETF TR PHYSCL PLATM SHS 003260106 12,016 119,850 SH   SOLE 1 119,850 0 0
AFLAC INC COM 001055102 9,997 186,305 SH   SOLE 1 186,305 0 0
AGNICO EAGLE MINES LTD COM 008474108 3,920 64,850 SH   SOLE 1 64,850 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 00971TAL5 347 300,000 PRN   SOLE 1 300,000 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0 784 600,000 PRN   SOLE 1 600,000 0 0
ALLEGHANY CORP MD COM 017175100 24,901 37,329 SH   SOLE 1 37,329 0 0
GALLAGHER ARTHUR J & CO COM 363576109 17,902 127,800 SH   SOLE 1 127,800 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 363 6,060 SH   SOLE 1 6,060 0 0
ATLANTIC CAP BANCSHARES INC COM 048269203 1,128 44,308 SH   SOLE   44,308 0 0
AXALTA COATING SYS LTD COM G0750C108 7,522 246,700 SH   SOLE 1 246,700 0 0
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 6,369 179,650 SH   SOLE 1 179,650 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 45,215 162,690 SH   SOLE 1 162,690 0 0
BIOMARIN PHARMACEUTICAL INC NOTE 0.599% 8/0 09061GAH4 1,036 1,000,000 PRN   SOLE 1 1,000,000 0 0
BIOVENTUS INC COM CL A 09075A108 2,189 124,355 SH   SOLE 1 124,355 0 0
BM TECHNOLOGIES INC CL A COM 05591L107 611 49,100 SH   SOLE   49,100 0 0
PRICELINE GRP INC NOTE 0.900% 9/1 741503AX4 326 300,000 PRN   SOLE 1 300,000 0 0
BROWN & BROWN INC COM 115236101 19,345 364,030 SH   SOLE 1 364,030 0 0
CAMBRIDGE BANCORP COM 132152109 1,503 18,115 SH   SOLE   18,115 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 2,120 43,630 SH   SOLE   43,630 0 0
CBOE GLOBAL MKTS INC COM 12503M108 13,393 112,495 SH   SOLE 1 112,495 0 0
CENTRAL VY CMNTY BANCORP COM 155685100 1,730 85,878 SH   SOLE 1 85,878 0 0
CHURCH & DWIGHT INC COM 171340102 10,647 124,934 SH   SOLE 1 124,934 0 0
CIGNA CORP NEW COM 125523100 5,803 24,480 SH   SOLE   24,480 0 0
CIRCOR INTL INC COM 17273k109 820 25,150 SH   SOLE 1 25,150 0 0
CITIGROUP INC COM NEW 172967424 4,197 59,320 SH   SOLE 1 59,320 0 0
COLGATE PALMOLIVE CO COM 194162103 1,151 14,150 SH   SOLE   14,150 0 0
COMERICA INC COM 200340107 20,175 282,800 SH   SOLE 1 282,800 0 0
CURTISS WRIGHT CORP COM 231561101 8,117 68,350 SH   SOLE 1 68,350 0 0
DARDEN RESTAURANTS INC COM 237194105 8,993 61,600 SH   SOLE 1 61,600 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,638 56,100 SH   SOLE 1 56,100 0 0
DIAMOND HILL INVT GROUP INC COM NEW 25264R207 1,698 10,150 SH   SOLE 1 10,150 0 0
DOMTAR CORP COM NEW 257559203 223 4,050 SH   SOLE 1 4,050 0 0
EATON CORP PLC SHS G29183103 8,627 58,220 SH   SOLE 1 58,220 0 0
EBAY INC. COM 278642103 11,160 158,950 SH   SOLE 1 158,950 0 0
EVEREST RE GROUP LTD COM G3223R108 10,237 40,620 SH   SOLE 1 40,620 0 0
EXXON MOBIL CORP COM 30231G102 757 12,000 SH   SOLE   12,000 0 0
FARO TECHNOLOGIES INC COM 311642102 1,758 22,600 SH   SOLE 1 22,600 0 0
FEDERATED HERMES INC CL B 314211103 15,453 455,700 SH   SOLE 1 455,700 0 0
FIRST AMERN FINL CORP COM 31847r102 379 6,075 SH   SOLE 1 6,075 0 0
FIRST BANCORP P R COM NEW 318672706 10,285 862,800 SH   SOLE 1 862,800 0 0
FIRST BANCSHARES INC MS COM 318916103 743 19,850 SH   SOLE   19,850 0 0
FIRST CHOICE BANCORP COM 31948P104 889 29,200 SH   SOLE   29,200 0 0
FIRST HORIZON CORPORATION COM 320517105 12,458 720,930 SH   SOLE 1 720,930 0 0
FOUR CORNERS PPTY TR INC COM 35086T109 446 16,146 SH   SOLE 1 16,146 0 0
GENERAL DYNAMICS CORP COM 369550108 6,369 33,830 SH   SOLE   33,830 0 0
GLOBE LIFE INC COM 37959E102 21,113 221,660 SH   SOLE 1 221,660 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 3,570 248,952 SH   SOLE 1 248,952 0 0
HENRY SCHEIN INC COM 806407102 3,012 40,600 SH   SOLE 1 40,600 0 0
HESS CORP COM 42809H107 10,347 118,500 SH   SOLE 1 118,500 0 0
HOME DEPOT INC COM 437076102 8,394 26,324 SH   SOLE 1 26,324 0 0
HOMETRUST BANCSHARES INC COM 437872104 4,537 162,600 SH   SOLE 1 162,600 0 0
HOSTESS BRANDS INC CL A 44109J106 3,808 235,200 SH   SOLE 1 235,200 0 0
INVESCO LTD SHS G491BT108 1,274 47,650 SH   SOLE 1 47,650 0 0
JOHNSON & JOHNSON COM 478160104 5,809 35,260 SH   SOLE 1 35,260 0 0
JPMORGAN CHASE & CO COM 46625H100 14,100 90,650 SH   SOLE   90,650 0 0
KAMAN CORP NOTE 3.250% 5/0 483548AF0 1,055 1,000,000 PRN   SOLE 1 1,000,000 0 0
KEYCORP COM 493267108 19,799 958,800 SH   SOLE 1 958,800 0 0
KINROSS GOLD CORP COM 496902404 2,725 429,150 SH   SOLE 1 429,150 0 0
LEIDOS HOLDINGS INC COM 525327102 10,577 104,620 SH   SOLE 1 104,620 0 0
LIGAND PHARMACEUTICALS INC NOTE 0.750% 5/1 53220KAF5 692 700,000 PRN   SOLE 1 700,000 0 0
LITTELFUSE INC COM 537008104 9,748 38,260 SH   SOLE 1 38,260 0 0
LEMONADE INC COM 52567D107 219 2,000 SH Call SOLE   2,000 0 0
LOUISIANA PAC CORP COM 546347105 689 11,420 SH   SOLE 1 11,420 0 0
MARSH & MCLENNAN COS INC COM 571748102 549 3,900 SH   SOLE   3,900 0 0
MEDTRONIC PLC SHS G5960L103 12,190 98,200 SH   SOLE 1 98,200 0 0
MERCK & CO INC COM 58933Y105 17,541 225,548 SH   SOLE 1 225,548 0 0
MICROSOFT CORP COM 594918104 5,818 21,475 SH   SOLE 1 21,475 0 0
MID PENN BANCORP INC COM 59540G107 320 11,650 SH   SOLE   11,650 0 0
MONDELEZ INTL INC CL A 609207105 12,010 192,341 SH   SOLE 1 192,341 0 0
MOOG INC CL A 615394202 3,694 43,950 SH   SOLE 1 43,950 0 0
NEWMONT CORP COM 651639106 5,007 79,000 SH   SOLE 1 79,000 0 0
NOODLES & CO COM CL A 65540B105 8,542 684,483 SH   SOLE 1 684,483 0 0
NUVASIVE INC COM 670704105 9,665 142,600 SH   SOLE 1 142,600 0 0
NUVASIVE INC NOTE 0.375% 3/1 670704AJ4 591 600,000 PRN   SOLE 1 600,000 0 0
OPEN LENDING CORP COM CL A 68373J104 340 7,900 SH   SOLE   7,900 0 0
ORACLE CORP COM 68389X105 6,109 78,480 SH   SOLE 1 78,480 0 0
ORGANON & CO COMMON STOCK 68622V106 683 22,559 SH   SOLE 1 22,559 0 0
ORIGIN BANCORP INC COM 68621T102 5,552 130,750 SH   SOLE 1 130,750 0 0
OTIS WORLDWIDE CORP COM 68902V107 5,678 69,440 SH   SOLE 1 69,440 0 0
PALO ALTO NETWORKS INC NOTE 0.750% 7/0 697435AD7 729 500,000 PRN   SOLE 1 500,000 0 0
PAYCHEX INC COM 704326107 5,907 55,050 SH   SOLE 1 55,050 0 0
PAYPAL HLDGS INC COM 70450y103 4,970 17,050 SH   SOLE   17,050 0 0
PCSB FINL CORP COM 69324R104 4,015 220,943 SH   SOLE 1 220,943 0 0
PENTAIR PLC SHS G7S00T104 12,028 178,220 SH   SOLE 1 178,220 0 0
PIONEER NAT RES CO COM 723787107 18,276 112,454 SH   SOLE 1 112,454 0 0
PJT PARTNERS INC COM CL A 69343T107 4,704 65,900 SH   SOLE   65,900 0 0
PPG INDS INC COM 693506107 8,489 50,000 SH   SOLE   50,000 0 0
PRIMERICA INC COM 74164M108 10,136 66,190 SH   SOLE 1 66,190 0 0
PROCTER AND GAMBLE CO COM 742718109 4,812 35,660 SH   SOLE   35,660 0 0
PROGRESSIVE CORP COM 743315103 10,464 106,550 SH   SOLE   106,550 0 0
QCR HOLDINGS INC COM 74727A104 4,588 95,400 SH   SOLE 1 95,400 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 5,838 68,430 SH   SOLE 1 68,430 0 0
REGAL BELOIT CORP COM 758750103 434 3,250 SH   SOLE 1 3,250 0 0
RENAISSANCERE HLDGS LTD COM G7496G103 23,161 155,634 SH   SOLE 1 155,634 0 0
ROBERT HALF INTL INC COM 770323103 12,340 138,700 SH   SOLE 1 138,700 0 0
SCHLUMBERGER LTD COM STK 806857108 10,991 343,350 SH   SOLE 1 343,350 0 0
SCIENCE APPLICATIONS INTL CO COM 808625107 2,913 33,200 SH   SOLE   33,200 0 0
SELECTIVE INS GROUP INC COM 816300107 1,552 19,120 SH   SOLE 1 19,120 0 0
SENSATA TECHNOLOGIES HLDG PL SHS G8060N102 6,594 113,750 SH   SOLE 1 113,750 0 0
SUNCOR ENERGY INC NEW COM 867224107 2,825 117,850 SH   SOLE 1 117,850 0 0
SYNOVUS FINL CORP COM NEW 87161C501 8,122 185,100 SH   SOLE 1 185,100 0 0
COCA COLA CO COM 191216100 4,570 84,465 SH   SOLE 1 84,465 0 0
HANOVER INS GROUP INC COM 410867105 1,474 10,865 SH   SOLE 1 10,865 0 0
HOWARD HUGHES CORP COM 44267d107 15,023 154,145 SH   SOLE 1 154,145 0 0
SMUCKER J M CO COM NEW 832696405 12,629 97,470 SH   SOLE 1 97,470 0 0
PNC FINL SVCS GROUP INC COM 693475105 10,782 56,520 SH   SOLE   56,520 0 0
US BANCORP DEL COM NEW 902973304 20,718 363,670 SH   SOLE 1 363,670 0 0
UNIVEST FINANCIAL CORPORATIO COM 915271100 3,389 128,500 SH   SOLE 1 128,500 0 0
VECTRUS INC COM 92242T101 4,249 89,280 SH   SOLE 1 89,280 0 0
VISHAY INTERTECHNOLOGY INC NOTE 2.250% 6/1 928298AP3 841 800,000 PRN   SOLE 1 800,000 0 0
VOYA FINANCIAL INC COM 929089100 11,953 194,350 SH   SOLE 1 194,350 0 0
BERKLEY W R CORP COM 084423102 7,942 106,700 SH   SOLE 1 106,700 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 346 6,580 SH   SOLE 1 6,580 0 0