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
1895 BANCORP OF WIS INC COM 28253R105   384,114 54,952 SH   SOLE   54,952 0 0
ALASKA AIR GROUP INC COM 011659109   886,342 22,686 SH   SOLE   22,686 0 0
ALGOMA STL GROUP INC COM 015658107   294,310 29,343 SH   SOLE   29,343 0 0
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102   1,743,975 22,500 SH   SOLE   22,500 0 0
ALTISOURCE PORTFOLIO SOLNS S REG SHS L0175J104   140,403 39,439 SH   SOLE   39,439 0 0
APA CORPORATION COM 03743Q108   1,606,168 44,765 SH   SOLE   44,765 0 0
ARDMORE SHIPPING CORP COM Y0207T100   194,569 13,809 SH   SOLE   13,809 0 0
BANC OF CALIFORNIA INC COM 05990K106   2,101,486 156,477 SH   SOLE   156,477 0 0
BANK AMERICA CORP COM 060505104   811,447 24,100 SH   SOLE   24,100 0 0
BANKFINANCIAL CORP COM 06643P104   2,752,891 268,313 SH   SOLE   268,313 0 0
BANNER CORP COM NEW 06652V208   388,310 7,250 SH   SOLE   7,250 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108   769,650 15,000 SH   SOLE   15,000 0 0
BURFORD CAP LTD ORD SHS G17977110   2,445,316 156,751 SH   SOLE   156,751 0 0
CAPRI HOLDINGS LIMITED SHS G1890L107   251,200 5,000 SH   SOLE   5,000 0 0
CITIZENS FINL GROUP INC COM 174610105   496,006 14,967 SH   SOLE   14,967 0 0
CIVITAS RESOURCES INC COM NEW 17888H103   2,099,266 30,700 SH   SOLE   30,700 0 0
COMERICA INC COM 200340107   3,145,117 56,354 SH   SOLE   56,354 0 0
COMERICA INC COM 200340107   279,050 5,000 SH Call SOLE   5,000 0 0
COMMUNITY WEST BANCSHARES COM 204157101   303,890 17,475 SH   SOLE   17,475 0 0
COMPANHIA BRASILEIRA DE DIST SPONSORED ADR 20440T300   23,908 29,885 SH   SOLE   29,885 0 0
CONOCOPHILLIPS COM 20825C104   348,210 3,000 SH   SOLE   3,000 0 0
CONSOLIDATED COMM HLDGS INC COM 209034107   224,530 51,616 SH   SOLE   51,616 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   623,565 15,500 SH   SOLE   15,500 0 0
EOG RES INC COM 26875P101   5,950,740 49,200 SH   SOLE   49,200 0 0
EOS ENERGY ENTERPRISES INC COM CL A 29415C101   164,860 151,248 SH   SOLE   151,248 0 0
EURONAV NV SHS B38564108   8,721,439 495,818 SH   SOLE   495,818 0 0
EVANS BANCORP INC COM NEW 29911Q208   1,121,301 35,563 SH   SOLE   35,563 0 0
FIFTH THIRD BANCORP COM 316773100   1,704,841 49,430 SH   SOLE   49,430 0 0
FIRST FINANCIAL NORTHWEST IN COM 32022K102   1,310,027 97,183 SH   SOLE   97,183 0 0
FLAME ACQUISITION CORP *W EXP 02/26/202 33850F116   20,072 10,400 SH   SOLE   10,400 0 0
FREEPORT-MCMORAN INC CL B 35671D857   919,512 21,600 SH   SOLE   21,600 0 0
GENETRON HLDGS LTD ADS 37186H209   581,852 158,112 SH   SOLE   158,112 0 0
HARBORONE BANCORP INC NEW COM NEW 41165Y100   269,418 22,489 SH   SOLE   22,489 0 0
HERITAGE COMM CORP COM 426927109   328,124 33,077 SH   SOLE   33,077 0 0
HERTZ GLOBAL HLDGS INC COM NEW 42806J700   363,650 35,000 SH   SOLE   35,000 0 0
HOLLYSYS AUTOMATION TCHNGY L SHS G45667105   2,711,494 102,903 SH   SOLE   102,903 0 0
HORIZON BANCORP INC COM 440407104   534,793 37,372 SH   SOLE   37,372 0 0
IM CANNABIS CORP COM 44969Q307   142,800 400,000 SH   SOLE   400,000 0 0
ISHARES INC MSCI STH KOR ETF 464286772   1,048,480 16,000 SH   SOLE   16,000 0 0
ISHARES INC MSCI GERMANY ETF 464286806   1,039,150 35,000 SH   SOLE   35,000 0 0
ISHARES INC MSCI JPN ETF NEW 46434G822   2,394,603 37,334 SH   SOLE   37,334 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   1,005,656 41,850 SH   SOLE   41,850 0 0
ISHARES TR 20 YR TR BD ETF 464287432   1,532,640 15,500 SH   SOLE   15,500 0 0
ISHARES TR 7-10 YR TRSY BD 464287440   3,325,455 34,500 SH   SOLE   34,500 0 0
ISHARES TR ISHS 1-5YR INVS 464288646   256,375 5,000 SH   SOLE   5,000 0 0
ISHARES TR MSCI INDONIA ETF 46429B309   446,400 20,000 SH   SOLE   20,000 0 0
ISHARES TR MSCI INDIA ETF 46429B598   780,960 16,000 SH   SOLE   16,000 0 0
ISHARES TR MSCI UK ETF NEW 46435G334   552,266 16,710 SH   SOLE   16,710 0 0
ISHARES TR MSCI UK ETF NEW 46435G334   330,500 10,000 SH Call SOLE   10,000 0 0
ISHARES TR CHINA LG-CAP ETF 464287184   120,150 5,000 SH Call SOLE   5,000 0 0
KEYCORP COM 493267108   2,976,480 206,700 SH   SOLE   206,700 0 0
KOSMOS ENERGY LTD COM 500688106   201,300 30,000 SH   SOLE   30,000 0 0
KRANESHARES TR CSI CHI INTERNET 500767306   261,900 9,700 SH   SOLE   9,700 0 0
LANDSEA HOMES CORP COM 51509P103   335,596 25,540 SH   SOLE   25,540 0 0
LITHIUM AMERICAS ARGENTINA C COM SHS 53681K100   158,000 25,000 SH   SOLE   25,000 0 0
LITHIUM AMERS CORP NEW COM SHS 53681J103   128,000 20,000 SH   SOLE   20,000 0 0
MARATHON OIL CORP COM 565849106   507,360 21,000 SH   SOLE   21,000 0 0
MIX TELEMATICS LTD SPONSORED ADR 60688N102   368,508 42,800 SH   SOLE   42,800 0 0
NEOGAMES S A SHS L6673X107   1,674,740 58,496 SH   SOLE   58,496 0 0
NEXGEN ENERGY LTD COM 65340P106   238,000 34,000 SH   SOLE   34,000 0 0
NVIDIA CORPORATION COM 67066G104   247,610 500 SH Call SOLE   500 0 0
OCEANFIRST FINL CORP COM 675234108   440,857 25,395 SH   SOLE   25,395 0 0
OLD SECOND BANCORP INC ILL COM 680277100   624,332 40,436 SH   SOLE   40,436 0 0
OVINTIV INC COM 69047Q102   530,905 12,088 SH   SOLE   12,088 0 0
PERPETUA RESOURCES CORP COM 714266103   469,236 148,024 SH   SOLE   148,024 0 0
PFIZER INC COM 717081103   604,590 21,000 SH   SOLE   21,000 0 0
PROVIDENT BANCORP INC COM NEW 74383L105   300,328 29,824 SH   SOLE   29,824 0 0
PROVIDENT FINL HLDGS INC COM 743868101   183,085 14,519 SH   SOLE   14,519 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100   2,622,114 135,300 SH   SOLE   135,300 0 0
RUMBLEON INC COM CL B 781386305   218,225 26,809 SH   SOLE   26,809 0 0
SELECT SECTOR SPDR TR ENERGY 81369Y506   273,318 3,260 SH   SOLE   3,260 0 0
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803   435,005 2,260 SH   SOLE   2,260 0 0
SELECT SECTOR SPDR TR COMMUNICATION 81369Y852   804,346 11,070 SH   SOLE   11,070 0 0
SEQUANS COMMUNICATIONS S A SPONSORED ADS 817323207   43,146 15,246 SH   SOLE   15,246 0 0
SHORE BANCSHARES INC COM 825107105   356,649 25,028 SH   SOLE   25,028 0 0
SIGMA LITHIUM CORPORATION COM 826599102   315,300 10,000 SH   SOLE   10,000 0 0
SM ENERGY CO COM 78454L100   367,840 9,500 SH   SOLE   9,500 0 0
SPDR INDEX SHS FDS EURO STOXX 50 78463X202   1,520,358 31,800 SH   SOLE   31,800 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   22,726,948 47,815 SH   SOLE   47,815 0 0
SPDR S&P 500 ETF TR TR UNIT 78462F103   10,932,130 23,000 SH Put SOLE   23,000 0 0
SPDR SER TR S&P REGL BKG 78464A698   267,393 5,100 SH   SOLE   5,100 0 0
SPDR SER TR S&P METALS MNG 78464A755   1,256,430 21,000 SH   SOLE   21,000 0 0
SPDR SER TR S&P OILGAS EXP 78468R556   273,820 2,000 SH   SOLE   2,000 0 0
STRATASYS LTD SHS M85548101   414,120 29,000 SH   SOLE   29,000 0 0
TECK RESOURCES LTD CL B 878742204   359,295 8,500 SH   SOLE   8,500 0 0
TRANSPHORM INC COM 89386L100   233,319 63,923 SH   SOLE   63,923 0 0
TRUIST FINL CORP COM 89832Q109   5,541,101 150,084 SH   SOLE   150,084 0 0
UNIVERSAL TECHNICAL INST INC COM 913915104   557,140 44,500 SH   SOLE   44,500 0 0
URGENTLY INC COM 916931108   447,449 141,151 SH   SOLE   141,151 0 0
WELLS FARGO CO NEW COM 949746101   251,022 5,100 SH   SOLE   5,100 0 0