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 3,389 28,635 SH   SOLE 1 28,635 0 0
ABRDN PLATINUM ETF TRUST PHYSCL PLATM SHS 003260106 11,245 122,550 SH   SOLE 1 122,550 0 0
AGNICO EAGLE MINES LTD COM 008474108 8,639 141,068 SH   SOLE 1 141,068 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.375% 9/0 00971TAL5 345 300,000 PRN   SOLE 1 300,000 0 0
AKAMAI TECHNOLOGIES INC NOTE 0.125% 5/0 00971TAJ0 788 600,000 PRN   SOLE 1 600,000 0 0
ALLEGHANY CORP MD COM 017175100 23,177 27,364 SH   SOLE 1 27,364 0 0
ALLEGIANCE BANCSHARES INC COM 01748H107 223 5,000 SH   SOLE 1 5,000 0 0
GALLAGHER ARTHUR J & CO COM 363576109 18,446 105,645 SH   SOLE 1 105,645 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 390 5,885 SH   SOLE 1 5,885 0 0
AXALTA COATING SYS LTD COM G0750C108 7,660 311,650 SH   SOLE 1 311,650 0 0
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 7,278 202,850 SH   SOLE 1 202,850 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 57,171 162,000 SH   SOLE 1 162,000 0 0
BIOMARIN PHARMACEUTICAL INC NOTE 0.599% 8/0 09061GAH4 1,000 1,000,000 PRN   SOLE 1 1,000,000 0 0
BM TECHNOLOGIES INC CL A COM 05591L107 420 49,100 SH   SOLE   49,100 0 0
BROWN & BROWN INC COM 115236101 21,815 301,855 SH   SOLE 1 301,855 0 0
CAMBRIDGE BANCORP COM 132152109 1,540 18,115 SH   SOLE   18,115 0 0
CARRIER GLOBAL CORPORATION COM 14448C104 2,091 45,580 SH   SOLE   45,580 0 0
CBOE GLOBAL MKTS INC COM 12503M108 9,430 82,420 SH   SOLE 1 82,420 0 0
CBTX INC COM 12481V104 3,458 111,553 SH   SOLE 1 111,553 0 0
CENTRAL VY CMNTY BANCORP COM 155685100 2,036 87,178 SH   SOLE 1 87,178 0 0
CHURCH & DWIGHT CO INC COM 171340102 12,381 124,584 SH   SOLE 1 124,584 0 0
CIGNA CORP NEW COM 125523100 10,119 42,230 SH   SOLE 1 42,230 0 0
CITIGROUP INC COM NEW 172967424 5,854 109,620 SH   SOLE 1 109,620 0 0
COLGATE PALMOLIVE CO COM 194162103 3,744 49,375 SH   SOLE 1 49,375 0 0
COLONY BANKCORP INC COM 19623P101 373 20,000 SH   SOLE   20,000 0 0
COMERICA INC COM 200340107 13,999 154,800 SH   SOLE 1 154,800 0 0
CURTISS WRIGHT CORP COM 231561101 10,181 67,800 SH   SOLE 1 67,800 0 0
DARDEN RESTAURANTS INC COM 237194105 12,961 97,485 SH   SOLE 1 97,485 0 0
DAVE & BUSTERS ENTMT INC COM 238337109 1,031 21,000 SH   SOLE 1 21,000 0 0
DENTSPLY SIRONA INC COM 24906P109 5,769 117,200 SH   SOLE 1 117,200 0 0
DEVON ENERGY CORP NEW COM 25179M103 3,045 51,500 SH   SOLE 1 51,500 0 0
DIAMOND HILL INVT GROUP INC COM NEW 25264R207 2,220 11,850 SH   SOLE 1 11,850 0 0
EATON CORP PLC SHS G29183103 8,426 55,520 SH   SOLE 1 55,520 0 0
EBAY INC. COM 278642103 8,366 146,100 SH   SOLE 1 146,100 0 0
EVEREST RE GROUP LTD COM G3223R108 11,323 37,570 SH   SOLE 1 37,570 0 0
EXXON MOBIL CORP COM 30231G102 851 10,300 SH   SOLE   10,300 0 0
FARO TECHNOLOGIES INC COM 311642102 4,304 82,900 SH   SOLE 1 82,900 0 0
FEDERATED HERMES INC CL B 314211103 17,512 514,150 SH   SOLE 1 514,150 0 0
FIRST AMERN FINL CORP COM 31847r102 394 6,075 SH   SOLE 1 6,075 0 0
FIRST BANCORP P R COM NEW 318672706 14,093 1,074,150 SH   SOLE 1 1,074,150 0 0
FIRST BANCSHARES INC MS COM 318916103 411 12,200 SH   SOLE   12,200 0 0
FOUR CORNERS PPTY TR INC COM 35086T109 437 16,146 SH   SOLE 1 16,146 0 0
GENERAL DYNAMICS CORP COM 369550108 8,304 34,430 SH   SOLE   34,430 0 0
GLOBE LIFE INC COM 37959E102 21,860 217,300 SH   SOLE 1 217,300 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100 3,283 234,152 SH   SOLE 1 234,152 0 0
HENRY SCHEIN INC COM 806407102 3,775 43,300 SH   SOLE 1 43,300 0 0
HESS CORP COM 42809H107 7,675 71,700 SH   SOLE 1 71,700 0 0
HOME DEPOT INC COM 437076102 7,909 26,424 SH   SOLE 1 26,424 0 0
HOMETRUST BANCSHARES INC COM 437872104 1,620 54,850 SH   SOLE 1 54,850 0 0
HOSTESS BRANDS INC CL A 44109J106 5,958 271,550 SH   SOLE 1 271,550 0 0
INVESCO LTD SHS G491BT108 2,329 101,000 SH   SOLE 1 101,000 0 0
JOHNSON & JOHNSON COM 478160104 13,374 75,460 SH   SOLE 1 75,460 0 0
KAMAN CORP NOTE 3.250% 5/0 483548AF0 1,026 1,000,000 PRN   SOLE 1 1,000,000 0 0
KEMPER CORP COM 488401100 3,978 70,350 SH   SOLE 1 70,350 0 0
KEYCORP COM 493267108 17,011 760,100 SH   SOLE 1 760,100 0 0
LEIDOS HOLDINGS INC COM 525327102 13,672 126,570 SH   SOLE 1 126,570 0 0
LIGAND PHARMACEUTICALS INC NOTE 0.750% 5/1 53220KAF5 680 700,000 PRN   SOLE 1 700,000 0 0
LITTELFUSE INC COM 537008104 15,379 61,660 SH   SOLE 1 61,660 0 0
LOUISIANA PAC CORP COM 546347105 557 8,970 SH   SOLE 1 8,970 0 0
MANPOWERGROUP INC WIS COM 56418H100 7,711 82,100 SH   SOLE 1 82,100 0 0
MARSH & MCLENNAN COS INC COM 571748102 614 3,600 SH   SOLE   3,600 0 0
MEDTRONIC PLC SHS G5960L103 14,285 128,750 SH   SOLE 1 128,750 0 0
MERCK & CO INC COM 58933Y105 17,248 210,208 SH   SOLE 1 210,208 0 0
MICROSOFT CORP COM 594918104 5,624 18,242 SH   SOLE 1 18,242 0 0
MID PENN BANCORP INC COM 59540G107 559 20,850 SH   SOLE   20,850 0 0
MONDELEZ INTL INC CL A 609207105 11,482 182,891 SH   SOLE 1 182,891 0 0
MOOG INC CL A 615394202 4,197 47,800 SH   SOLE 1 47,800 0 0
NEWMONT CORP COM 651639106 6,759 85,070 SH   SOLE 1 85,070 0 0
NOODLES & CO COM CL A 65540B105 4,912 822,733 SH   SOLE 1 822,733 0 0
NUVASIVE INC COM 670704105 9,012 158,950 SH   SOLE 1 158,950 0 0
NUVASIVE INC NOTE 0.375% 3/1 670704AJ4 577 600,000 PRN   SOLE 1 600,000 0 0
ORACLE CORP COM 68389X105 5,707 68,980 SH   SOLE 1 68,980 0 0
ORIGIN BANCORP INC COM 68621T102 4,760 112,550 SH   SOLE 1 112,550 0 0
OTIS WORLDWIDE CORP COM 68902V107 6,228 80,940 SH   SOLE 1 80,940 0 0
PALO ALTO NETWORKS INC NOTE 0.750% 7/0 697435AD7 936 400,000 PRN   SOLE 1 400,000 0 0
PAYCHEX INC COM 704326107 4,995 36,600 SH   SOLE 1 36,600 0 0
PAYPAL HLDGS INC COM 70450y103 3,845 33,250 SH   SOLE 1 33,250 0 0
PCSB FINL CORP COM 69324R104 3,696 193,393 SH   SOLE 1 193,393 0 0
PENTAIR PLC SHS G7S00T104 6,598 121,720 SH   SOLE 1 121,720 0 0
PFIZER INC COM 717081103 7,367 142,300 SH   SOLE 1 142,300 0 0
PIONEER NAT RES CO COM 723787107 22,755 91,008 SH   SOLE 1 91,008 0 0
PJT PARTNERS INC COM CL A 69343T107 3,544 56,150 SH   SOLE   56,150 0 0
PPG INDS INC COM 693506107 6,645 50,700 SH   SOLE   50,700 0 0
PRIMERICA INC COM 74164M108 13,256 96,890 SH   SOLE 1 96,890 0 0
PROCTER AND GAMBLE CO COM 742718109 6,121 40,060 SH   SOLE   40,060 0 0
PROGRESSIVE CORP COM 743315103 10,880 95,450 SH   SOLE   95,450 0 0
QCR HOLDINGS INC COM 74727A104 5,532 97,750 SH   SOLE 1 97,750 0 0
RAYTHEON TECHNOLOGIES CORP COM 75513E101 5,888 59,430 SH   SOLE 1 59,430 0 0
RENAISSANCERE HLDGS LTD COM G7496G103 16,578 104,584 SH   SOLE 1 104,584 0 0
SCHLUMBERGER LTD COM STK 806857108 10,964 265,400 SH   SOLE 1 265,400 0 0
SENSATA TECHNOLOGIES HLDG PL SHS G8060N102 12,829 252,300 SH   SOLE 1 252,300 0 0
SOUTHSTATE CORPORATION COM 840441109 7,739 94,850 SH   SOLE 1 94,850 0 0
STATE STR CORP COM 857477103 9,609 110,300 SH   SOLE 1 110,300 0 0
SUNCOR ENERGY INC NEW COM 867224107 3,903 119,750 SH   SOLE 1 119,750 0 0
SYNOVUS FINL CORP COM NEW 87161C501 8,901 181,650 SH   SOLE 1 181,650 0 0
HOWARD HUGHES CORP COM 44267d107 15,722 151,745 SH   SOLE 1 151,745 0 0
PNC FINL SVCS GROUP INC COM 693475105 8,784 47,620 SH   SOLE   47,620 0 0
US BANCORP DEL COM NEW 902973304 15,601 293,520 SH   SOLE 1 293,520 0 0
VECTRUS INC COM 92242T101 4,120 114,880 SH   SOLE 1 114,880 0 0
VISHAY INTERTECHNOLOGY INC NOTE 2.250% 6/1 928298AP3 996 1,000,000 PRN   SOLE 1 1,000,000 0 0
VOYA FINANCIAL INC COM 929089100 14,998 226,050 SH   SOLE 1 226,050 0 0
BERKLEY W R CORP COM 084423102 11,375 170,820 SH   SOLE 1 170,820 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108 351 7,830 SH   SOLE 1 7,830 0 0
WHITE MTNS INS GROUP LTD COM G9618E107 3,375 2,970 SH   SOLE 1 2,970 0 0
ZIMVIE INC COM 98888T107 4,478 196,050 SH   SOLE 1 196,050 0 0