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
ALPHABET INC CAP STK CL A 02079K305 14,634 18,810 SH   OTR 1,2 0 18,810 0
ALPHABET INC CAP STK CL C 02079K107 9,909 13,057 SH   OTR 1,2 0 13,057 0
BOARDWALK PIPELINE PARTNERS UT LTD PARTNER 096627104 3,902 300,600 SH   OTR 1, 2 0 300,600 0
CAPITAL SOUTHWEST CORP COM 140501107 1,060 76,343 SH   OTR 1, 2 0 76,343 0
CSW INDUSTRIALS INC COM 126402106 2,390 63,455 SH   OTR 1,2 0 63,455 0
GENERAL MTRS CO COM 37045V100 10,475 308,000 SH   OTR 1, 2 0 308,000 0
HILLTOP HOLDINGS INC COM 432748101 11,250 585,338 SH   OTR 1, 2 0 585,338 0
JAMBA INC COM NEW 47023A309 4,479 332,000 SH   OTR 1, 2 0 332,000 0
LUBYS INC COM 549282101 7,622 1,705,183 SH   OTR 1, 2 0 1,705,183 0
NVE CORP COM NEW 629445206 3,543 63,073 SH   OTR 1, 2 0 63,073 0
PICO HLDGS INC COM NEW 693366205 6,207 601,431 SH   OTR 1, 2 0 601,431 0
POPEYES LA KITCHEN INC COM 732872106 29,463 503,644 SH   OTR 1, 2 0 503,644 0
STAR GAS PARTNERS L P UNIT LTD PARTNR 85512C105 36,159 4,860,068 SH   OTR 1, 2 0 4,860,068 0
TANDY LEATHER FACTORY INC COM 87538X105 20,977 2,857,936 SH   OTR 1, 2 0 2,857,936 0
THESTREET INC COM 88368Q103 704 469,178 SH   OTR 1, 2 0 469,178 0
WMIH CORP COM 92936P100 855 330,249 SH   OTR 1,2 0 330,249 0