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
ASTRAZENECA PLC SPONSORED ADR 046353108 4,625 114,400 SH   SOLE   114,400 0 0
ALTRIA GROUP INC COM 02209S103 3,446 60,000 SH   SOLE   60,000 0 0
APPLE INC COM 037833100 2,944 15,500 SH   SOLE   15,500 0 0
AT&T INC COM 00206R102 6,109 194,825 SH   SOLE   194,825 0 0
BP PLC SPONSORED ADR 055622104 1,438 32,900 SH   SOLE   32,900 0 0
B G C PARTNERS INC CL A 05541T101 706 133,000 SH   SOLE   133,000 0 0
BANK AMER CORP COM 060505104 304 11,000 SH   SOLE   11,000 0 0
BANK AMER CORP 7.25% CNV PFD L 060505682 3,255 2,500 SH   SOLE   2,500 0 0
CARMAX INC COM 143130102 628 9,000 SH   SOLE   9,000 0 0
CDN IMPERIAL BNK COMM TORONTO COM 136069101 9,536 120,600 SH   SOLE   120,600 0 0
CATCHMARK TIMBER TR INC CLA 14912Y202 992 101,000 SH   SOLE   101,000 0 0
CENTURYLINK INC COM 156700106 1,822 152,000 SH   SOLE   152,000 0 0
CENTURYLINK INC COM 156700906 1,822 152,000 SH Call SOLE   152,000 0 0
CISCO SYS INC COM 17275R102 2,996 55,500 SH   SOLE   55,500 0 0
CITIGROUP INC COM NEW 017296742 648 10,418 SH   SOLE   10,418 0 0
CITIZENS FINL GROUP INC COM 174610105 345 10,600 SH   SOLE   10,600 0 0
CITIZENS & NORTHN CORP COM 172922106 1,002 40,000 SH   SOLE   40,000 0 0
COCA COLA CO COM 191216100 1,500 32,000 SH   SOLE   32,000 0 0
COSTAMARE INC SHS Y1771G102 520 100,000 SH   SOLE   100,000 0 0
DISNEY WALT CO COM 254687906 2,776 25,000 SH Call SOLE   25,000 0 0
DELTA AIR LINES INC DEL COM NEW 247361902 517 10,000 SH Call SOLE   10,000 0 0
ENBRIDGE INC COM 29250N105 486 13,400 SH   SOLE   13,400 0 0
GENERAL MLS INC COM 370334104 1,972 38,100 SH   SOLE   38,100 0 0
GENERAL MOTORS CO COM 37045V100 3,677 99,100 SH   SOLE   99,100 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 1,195 28,600 SH   SOLE   28,600 0 0
GOLDMAN SACHS GROUP COM 38141G104 3,283 17,100 SH   SOLE   17,100 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 8,044 198,230 SH   SOLE   198,230 0 0
HOEGH LNG PARTNERS LP COM UNIT LTD 00Y326R10 1,955 100,000 SH   SOLE   100,000 0 0
LEGG MASON INC COM 524901105 15,683 573,000 SH   SOLE   573,000 0 0
MCCORMICK & CO INC COM NON VTG 579780206 6,703 44,500 SH   SOLE   44,500 0 0
MOELIS & CO CL A 60786M105 1,098 26,376 SH   SOLE   26,376 0 0
NEWMARK GROUP INC CL A 65158N102 473 56,697 SH   SOLE   56,697 0 0
PARK NATL CORP COM 700658107 1,994 21,000 SH   SOLE   21,000 0 0
PEOPLES UNITED FINANCIAL INC COM 712704105 822 50,000 SH   SOLE   50,000 0 0
PRICE T ROWE GROUP INC COM 74144T108 2,528 25,250 SH   SOLE   25,250 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 416 5,500 SH   SOLE   5,500 0 0
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 3,591 56,150 SH   SOLE   56,150 0 0
RYDER SYS INC COM 783549108 1,240 20,000 SH   SOLE   20,000 0 0
SHIP FINANCE INTERNATIONAL L SHS G81075106 494 40,000 SH   SOLE   40,000 0 0
STARBUCKS CORP COM 855244109 14,615 196,600 SH   SOLE   196,600 0 0
STORE CAP CORP COM 862121100 168 5,000 SH   SOLE   5,000 0 0
TRANSUNION COM 89400J107 668 10,000 SH   SOLE   10,000 0 0
TRITON INTL LTD CL A G9078F107 3,545 113,980 SH   SOLE   113,980 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 326 6,000 SH   SOLE   6,000 0 0
TOTAL S A SPONSORED ADR 89151E109 5,643 101,400 SH   SOLE   101,400 0 0
TRAVELERS COMPANIES INC COM 89417E109 9,073 66,150 SH   SOLE   66,150 0 0
VODAFONE GROUP PLC NEW SPNSR ADR 92857W308 550 30,250 SH   SOLE   30,250 0 0
WAL-MART STORES INC COM 931142103 1,463 15,000 SH   SOLE   15,000 0 0
ABB LTD ADR 000375204 13 700 SH   SOLE   700 0 0
ACCENTURE PLC IRELAND COM G1151C101 35 200 SH   SOLE   200 0 0
AMC ENTMT HLDGS INC CL A COM 00165C104 67 4,500 SH   SOLE   4,500 0 0
ACTIVISION BLIZZARD COM 00507V109 137 3,000 SH   SOLE   3,000 0 0
BLACKBERRY LTD COM 09228F103 30 3,000 SH   SOLE   3,000 0 0
CBS CORP NEW CL A 124857103 24 500 SH   SOLE   500 0 0
COVANTA HLDG CORP COM 22282E102 43 2,500 SH   SOLE   2,500 0 0
DINEEQUITY INC COM 254423106 37 400 SH   SOLE   400 0 0
ETSY INC COM 29786A106 202 3,000 SH   SOLE   3,000 0 0
ETSY INC COM 29786A956 168 2,500 SH Put SOLE   2,500 0 0
GREENSKY INC CL A 39572G100 16 1,200 SH   SOLE   1,200 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 29 1,500 SH   SOLE   1,500 0 0
INTEL CORP COM 458140100 48 900 SH   SOLE   900 0 0
JPMORGAN CHASE & CO COM 46625H100 132 1,300 SH   SOLE   1,300 0 0
KINDER MORGAN INC DEL COM 49456B101 36 1,800 SH   SOLE   1,800 0 0
LLOYDS BANKING GROUP PLC SPONSORED ADR 539439109 100 31,000 SH   SOLE   31,000 0 0
MORGAN STANLEY COM NEW 617446448 34 800 SH   SOLE   800 0 0
NIKE INC CL B 654106103 67 800 SH   SOLE   800 0 0
NVIDIA CORP COM 67066G104 126 700 SH   SOLE   700 0 0
NVIDIA CORP COM 67066G954 126 700 SH Put SOLE   700 0 0
ONEOK INC NEW COM 682680103 42 600 SH   SOLE   600 0 0
SUNOPTA INC COM 0867EP108 3 1,000 SH   SOLE   1,000 0 0
QUALCOMM INC COM 747525103 52 900 SH   SOLE   900 0 0
CVS HEALTH CORP COM 126650100 16 300 SH   SOLE   300 0 0
EXXON MOBIL CORP COM 30231G102 32 400 SH   SOLE   400 0 0
MERCURY GENL CORP NEW COM 589400100 25 500 SH   SOLE   500 0 0
NOKIA CORP SPONSORED ADR 654902204 2 400 SH   SOLE   400 0 0
PROCTER AND GAMBLE CO COM 742718109 42 400 SH   SOLE   400 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 47 800 SH   SOLE   800 0 0