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
Bunge LTD COM G16962105 27,644 480,343 SH   SOLE   381,973 0 98,370
Bunge LTD COM G16962105 1,306 22,700 SH   OTR 1 22,700 0 0
Campbell Soup Co COM 134429109 32,189 651,343 SH   SOLE   508,825 0 142,518
Campbell Soup Co COM 134429109 1,245 25,200 SH   OTR 1 25,200 0 0
Chevron Corporation COM 166764100 279 2,313 SH   SOLE   2,313 0 0
Cisco Systems Inc COM 17275R102 29,505 615,201 SH   SOLE   498,963 0 116,238
Cisco Systems Inc COM 17275R102 1,007 21,000 SH   OTR 1 21,000 0 0
Del Taco Restaurants Inc COM 245496104 13,616 1,722,470 SH   SOLE   1,321,180 0 401,290
Del Taco Restaurants Inc COM 245496104 806 101,900 SH   OTR 1 101,900 0 0
eBay Inc COM 278642103 14,857 411,436 SH   SOLE   310,778 0 100,658
eBay Inc COM 278642103 903 25,000 SH   OTR 1 25,000 0 0
Exxon Mobil COM 30231G102 27,705 397,028 SH   SOLE   319,593 0 77,435
Exxon Mobil COM 30231G102 1,253 17,960 SH   OTR 1 17,960 0 0
ISHARES MSCI EMRG MKT FD EMERG COM 464287234 424 9,440 SH   SOLE   9,440 0 0
ISHARES TR RUSSELL 2000 RUSSEL COM 464287630 474 3,685 SH   SOLE   3,685 0 0
Johnson & Johnson COM 478160104 25,898 177,545 SH   SOLE   144,414 0 33,131
Johnson & Johnson COM 478160104 1,007 6,900 SH   OTR 1 6,900 0 0
Kratos Defense & Security COM 50077B207 15,972 886,826 SH   SOLE   678,288 0 208,538
Kratos Defense & Security COM 50077B207 1,441 80,000 SH   OTR 1 80,000 0 0
Marathon Oil Corp. COM 565849106 177 13,000 SH   SOLE   0 0 13,000
MGM Resorts Intl COM 552953101 5,573 167,497 SH   SOLE   122,399 0 45,098
MGM Resorts Intl COM 552953101 195 5,850 SH   OTR 1 5,850 0 0
Micron Technology Inc COM 595112103 20,165 374,950 SH   SOLE   284,044 0 90,906
Micron Technology Inc COM 595112103 1,291 24,000 SH   OTR 1 24,000 0 0
Microsoft COM 594918104 24,315 154,184 SH   SOLE   120,034 0 34,151
Microsoft COM 594918104 1,064 6,750 SH   OTR 1 6,750 0 0
Mosaic Co New COM 61945C103 20,987 969,808 SH   SOLE   765,600 0 204,208
Mosaic Co New COM 61945C103 1,306 60,350 SH   OTR 1 60,350 0 0
Novartis AG-ADR COM 66987V109 28,549 301,501 SH   SOLE   248,746 0 52,755
Novartis AG-ADR COM 66987V109 1,132 11,950 SH   OTR 1 11,950 0 0
Orange - ADR COM 684060106 26,724 1,831,632 SH   SOLE   1,534,733 0 296,899
Orange - ADR COM 684060106 804 55,100 SH   OTR 1 55,100 0 0
Sanofi ADR COM 80105N105 29,726 592,155 SH   SOLE   507,227 0 84,928
Sanofi ADR COM 80105N105 1,416 28,200 SH   OTR 1 28,200 0 0
SeaChange International COM 811699107 679 161,955 SH   SOLE   22,085 0 139,870
SeaWorld Entertainment Inc COM 81282V100 11,576 365,052 SH   SOLE   284,602 0 80,450
SeaWorld Entertainment Inc COM 81282V100 951 30,000 SH   OTR 1 30,000 0 0
Sprott Physical Gold & Silver COM 85208R101 21,572 1,471,477 SH   SOLE   1,212,816 0 258,661
Sprott Physical Gold & Silver COM 85208R101 733 50,000 SH   OTR 1 50,000 0 0
Synaptics Inc COM 87157D109 9,942 151,162 SH   SOLE   120,629 0 30,533
Synaptics Inc COM 87157D109 656 9,975 SH   OTR 1 9,975 0 0
Teradyne Inc COM 880770102 11,399 167,171 SH   SOLE   129,765 0 37,406
Teradyne Inc COM 880770102 682 10,000 SH   OTR 1 10,000 0 0
Tetra Tech Inc COM 88162G103 36,509 423,737 SH   SOLE   341,902 0 81,835
Tetra Tech Inc COM 88162G103 1,465 17,000 SH   OTR 1 17,000 0 0
Vodafone Group PLC - SP ADR COM 92857W308 19,472 1,007,329 SH   SOLE   835,772 0 171,557
Vodafone Group PLC - SP ADR COM 92857W308 547 28,300 SH   OTR 1 28,300 0 0
Wendy's Company (The) COM 95058W100 594 26,751 SH   SOLE   22,001 0 4,750