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
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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Co COM 88579y101   1,989,051 21,246 SH   SOLE   21,246 0 0
Abbott Laboratories COM 002824100   490,545 5,065 SH   SOLE   5,065 0 0
AbbVie Inc COM 00287y109   2,435,939 16,342 SH   SOLE   16,342 0 0
Adobe Inc COM 00724f101   214,158 420 SH   SOLE   420 0 0
Alerus Financial Corp COM 01446u103   565,216 31,090 SH   SOLE   31,090 0 0
Alphabet Inc Cap Stock Cl C COM 02079k107   1,465,513 11,115 SH   SOLE   11,115 0 0
American Express Co COM 025816109   365,963 2,453 SH   SOLE   2,453 0 0
Apellis Pharmaceuticals Inc COM 03753u106   602,325 15,834 SH   SOLE   15,834 0 0
Apple Inc COM 037833100   1,295,204 7,565 SH   SOLE   7,565 0 0
Banc Of California Inc COM 05990k106   1,425,483 115,144 SH   SOLE   115,144 0 0
Bancorp Inc COM 05969a105   5,596,762 162,225 SH   SOLE   162,225 0 0
Bank America Corp COM 060505104   691,783 25,266 SH   SOLE   25,266 0 0
Banner Corp COM 06652v208   584,717 13,797 SH   SOLE   13,797 0 0
Berkshire Hathaway Inc Cl B COM 084670702   1,775,671 5,069 SH   SOLE   5,069 0 0
Blackstone Group Inc Cl A COM 09260d107   794,336 7,414 SH   SOLE   7,414 0 0
Boeing Co COM 097023105   1,022,613 5,335 SH   SOLE   5,335 0 0
Bristol-Myers Squibb Co COM 110122108   1,895,644 32,661 SH   SOLE   32,661 0 0
Brown Forman Corp Cl A COM 115637100   616,673 10,614 SH   SOLE   10,614 0 0
Brown Forman Corp Cl B COM 115637209   860,735 14,920 SH   SOLE   14,920 0 0
Cambridge Bancorp COM 132152109   2,219,144 35,626 SH   SOLE   35,626 0 0
Caterpillar Inc COM 149123101   682,500 2,500 SH   SOLE   2,500 0 0
Central Securities Corp COM 155123102   212,700 6,000 SH   SOLE   6,000 0 0
CF Industries Holdings Inc COM 125269100   1,206,533 14,072 SH   SOLE   14,072 0 0
Chevron Corp COM 166764100   3,349,299 19,863 SH   SOLE   19,863 0 0
Chubb Limited COM h1467j104   749,448 3,600 SH   SOLE   3,600 0 0
Cincinnati Financial Corp COM 172062101   211,740 2,070 SH   SOLE   2,070 0 0
Cisco Systems Inc COM 17275r102   875,105 16,278 SH   SOLE   16,278 0 0
Citigroup Inc COM 172967424   1,604,687 39,015 SH   SOLE   39,015 0 0
Coca-Cola Co COM 191216100   302,236 5,399 SH   SOLE   5,399 0 0
Colgate Palmolive Co COM 194162103   520,596 7,321 SH   SOLE   7,321 0 0
ConocoPhillips COM 20825c104   2,210,310 18,450 SH   SOLE   18,450 0 0
Coterra Energy Inc COM 127097103   1,781,107 65,845 SH   SOLE   65,845 0 0
Danaher Corp COM 235851102   233,462 941 SH   SOLE   941 0 0
Davita Inc COM 23918k108   1,240,423 13,122 SH   SOLE   13,122 0 0
Deere & Co COM 244199105   949,111 2,515 SH   SOLE   2,515 0 0
Diamondback Energy Inc COM 25278x109   2,092,119 13,508 SH   SOLE   13,508 0 0
Disney Walt Co Disney COM 254687106   687,385 8,481 SH   SOLE   8,481 0 0
Draftkings Inc Cl A COM 26142v105   1,050,243 35,674 SH   SOLE   35,674 0 0
Eagle Bulk Shipping Inc Com COM y2187a150   258,274 6,145 SH   SOLE   6,145 0 0
Enbridge Inc COM 29250n105   516,967 15,576 SH   SOLE   15,576 0 0
EOG Resources Inc COM 26875p101   1,726,598 13,621 SH   SOLE   13,621 0 0
Eterna Therapeutics Inc COM 114082209   61,258 28,100 SH   SOLE   28,100 0 0
Exxon Mobil Corp COM 30231g102   1,648,472 14,020 SH   SOLE   14,020 0 0
First Acceptance Corp COM 318457108   38,400 32,000 SH   SOLE   32,000 0 0
GE Healthcare Technologies Inc COM 36266g107   1,111,704 16,339 SH   SOLE   16,339 0 0
General Dynamics Corp COM 369550108   595,956 2,697 SH   SOLE   2,697 0 0
General Electric Co Com New COM 369604301   1,962,041 17,748 SH   SOLE   17,748 0 0
General Mills Inc COM 370334104   899,891 14,063 SH   SOLE   14,063 0 0
General Motors Co COM 37045v100   370,978 11,252 SH   SOLE   11,252 0 0
Gilead Sciences Inc COM 375558103   1,608,812 21,468 SH   SOLE   21,468 0 0
Goodyear Tire & Rubber Co COM 382550101   1,385,622 111,474 SH   SOLE   111,474 0 0
Hershey Co COM 427866108   370,148 1,850 SH   SOLE   1,850 0 0
Home Depot Inc COM 437076102   502,190 1,662 SH   SOLE   1,662 0 0
Honeywell Intl Inc COM 438516106   660,445 3,575 SH   SOLE   3,575 0 0
Illinois Tool Works Inc COM 452308109   218,794 950 SH   SOLE   950 0 0
Johnson & Johnson COM 478160104   1,008,637 6,476 SH   SOLE   6,476 0 0
JPMorgan Chase & Co COM 46625h100   1,017,750 7,018 SH   SOLE   7,018 0 0
Kinder Morgan Inc COM 49456b101   968,355 58,405 SH   SOLE   58,405 0 0
Lennar Corp Cl A COM 526057104   2,063,685 18,388 SH   SOLE   18,388 0 0
Lilly Eli & Co COM 532457108   2,060,431 3,836 SH   SOLE   3,836 0 0
Lockheed Martin Corp COM 539830109   1,052,254 2,573 SH   SOLE   2,573 0 0
Merck & Co Inc COM 58933y105   2,185,937 21,233 SH   SOLE   21,233 0 0
MGM Resorts International COM 552953101   1,891,853 51,465 SH   SOLE   51,465 0 0
Microsoft Corp COM 594918104   507,410 1,607 SH   SOLE   1,607 0 0
Morgan Stanley COM 617446448   494,186 6,051 SH   SOLE   6,051 0 0
Nabors Industries Ltd Shs COM g6359f137   204,659 1,662 SH   SOLE   1,662 0 0
NVR Inc COM 62944t105   3,238,072 543 SH   SOLE   543 0 0
Onemain Holdings Inc COM 68268w103   1,338,966 33,399 SH   SOLE   33,399 0 0
Oracle Corp COM 68389x105   622,598 5,878 SH   SOLE   5,878 0 0
Organon & Co Common Stock COM 68622v106   1,722,668 99,232 SH   SOLE   99,232 0 0
PacWest Bancorp Del COM 695263103   326,770 41,311 SH   SOLE   41,311 0 0
Pathward Financial Inc COM 59100u108   1,095,559 23,770 SH   SOLE   23,770 0 0
PepsiCo Inc COM 713448108   663,019 3,913 SH   SOLE   3,913 0 0
Pfizer Inc COM 717081103   1,641,484 49,487 SH   SOLE   49,487 0 0
Pinnacle Financial Partners In COM 72346q104   507,493 7,570 SH   SOLE   7,570 0 0
Pioneer Natural Resources Co COM 723787107   1,877,260 8,178 SH   SOLE   8,178 0 0
Price T Rowe Group Inc COM 74144t108   1,716,198 16,365 SH   SOLE   16,365 0 0
Procter And Gamble Co COM 742718109   266,486 1,827 SH   SOLE   1,827 0 0
QCR Holdings Inc COM 74727a104   483,744 9,970 SH   SOLE   9,970 0 0
Rtx Corporation Com COM 75513e101   1,288,767 17,907 SH   SOLE   17,907 0 0
Select Med Holdings Corp COM 81619q105   283,656 11,225 SH   SOLE   11,225 0 0
SM Energy Co COM 78454l100   701,805 17,700 SH   SOLE   17,700 0 0
Star Bulk Carriers Corp Par COM y8162k204   275,608 14,295 SH   SOLE   14,295 0 0
Synovus Financial Corp COM 87161c501   205,720 7,400 SH   SOLE   7,400 0 0
Tesla Inc COM 88160r101   213,688 854 SH   SOLE   854 0 0
Triumph Financial Inc COM 89679e300   2,179,860 33,645 SH   SOLE   33,645 0 0
Union Pacific Corp COM 907818108   239,265 1,175 SH   SOLE   1,175 0 0
Veritex Holdings Inc COM 923451108   1,260,359 70,215 SH   SOLE   70,215 0 0
VF Corp COM 918204108   357,552 20,235 SH   SOLE   20,235 0 0
Viatris Inc COM 92556v106   1,767,237 179,233 SH   SOLE   179,233 0 0
Visa Inc Cl A COM 92826c839   365,026 1,587 SH   SOLE   1,587 0 0
Vulcan Materials Co COM 929160109   276,767 1,370 SH   SOLE   1,370 0 0
W&T Offshore Inc COM 92922p106   55,188 12,600 SH   SOLE   12,600 0 0
Wells Fargo & Co COM 949746101   338,852 8,293 SH   SOLE   8,293 0 0
Western Alliance Bancorp COM 957638109   1,082,134 23,540 SH   SOLE   23,540 0 0
Westrock Co COM 96145d105   223,499 6,243 SH   SOLE   6,243 0 0
Takeda Pharmaceutical Co Ltd S AD 874060205   165,281 10,684 SH   SOLE   10,684 0 0
Total SA Sp ADS AD 89151e109   253,044 3,848 SH   SOLE   3,848 0 0
ETF Managers Group Commodity T COM 26923h200   66,429 12,100 SH   SOLE   12,100 0 0
Fidelity Tr 500 Index Ins Prem MF 315911750   2,591,809 17,353 SH   SOLE   17,353 0 0
Enterprise Products Partners L ML 293792107   535,220 19,555 SH   SOLE   19,555 0 0
Plains All American Pipeline L ML 726503105   499,202 32,585 SH   SOLE   32,585 0 0
Iron Mountain Inc RE 46284v101   1,591,893 26,777 SH   SOLE   26,777 0 0
Physicians Realty Trust RE 71943u104   1,693,581 138,932 SH   SOLE   138,932 0 0
Weyerhaeuser Co RE 962166104   753,837 24,587 SH   SOLE   24,587 0 0
S&P 500 Index Call Option 03/2 CALL 6457349WQ   365,440 8 SH Call SOLE   8 0 0
S&P 500 Index Call Option 06/2 CALL 6602509QK   432,928 8 SH Call SOLE   8 0 0
S&P 500 Index Put Option 03/24 PUT 6457349HB   471,280 8 SH Put SOLE   8 0 0
S&P 500 Index Put Option 06/24 PUT 6602509TR   455,200 8 SH Put SOLE   8 0 0