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 (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
21st Century Fox - Class A COM 90130A101 8,834 177,781 SH   SOLE 0 175,206 0 2,575
21st Century Fox - Class B COM 90130A200 4,624 93,854 SH   SOLE 0 88,519 0 5,335
Alphabet Inc. - Class A COM 02079K305 18,177 16,097 SH   SOLE 0 15,628 0 469
Alphabet Inc. - Class C COM 02079K107 20,173 18,082 SH   SOLE 0 17,613 0 469
Apple Inc. COM 037833100 9,720 52,508 SH   SOLE 0 50,933 0 1,575
Bank of New York Mellon Corp COM 064058100 11,883 220,343 SH   SOLE 0 214,483 0 5,860
Barrick Gold Corp. COM 067901108 643 48,980 SH   SOLE 0 47,895 0 1,085
Berkshire Hathaway Inc. Clas COM 084670702 24,332 130,361 SH   SOLE 0 126,756 0 3,605
Charter Communications COM 16119P108 16,235 55,371 SH   SOLE 0 53,804 0 1,567
Citigroup Inc. COM 172967424 14,597 218,124 SH   SOLE 0 211,994 0 6,130
CNX Resources COM 12653C108 9,108 512,285 SH   SOLE 0 496,485 0 15,800
Comcast Corp Class A COM 20030N101 4,699 143,230 SH   SOLE 0 139,055 0 4,175
Commercial Vehicle Group COM 202608105 2,241 305,269 SH   SOLE 0 301,629 0 3,640
Continental Building Product COM 211171103 13,135 416,314 SH   SOLE 0 404,184 0 12,130
DaVita Inc COM 23918K108 3,844 55,362 SH   SOLE 0 53,692 0 1,670
Discover Financial Services COM 254709108 6,016 85,437 SH   SOLE 0 83,072 0 2,365
Dish Network Corp. COM 25470M109 3,978 118,360 SH   SOLE 0 114,905 0 3,455
Dollar Tree Inc. COM 256746108 7,326 86,185 SH   SOLE 0 83,790 0 2,395
Facebook COM 30303M102 4,627 23,811 SH   SOLE 0 23,061 0 750
General Motors COM 37045V100 12,899 327,397 SH   SOLE 0 317,797 0 9,600
Goldman Sachs COM 38141G104 6,891 31,242 SH   SOLE 0 30,304 0 938
JP Morgan Chase & Co. COM 46625H100 17,879 171,580 SH   SOLE 0 166,890 0 4,690
Kinder Morgan Inc. COM 49456B101 9,458 535,240 SH   SOLE 0 518,890 0 16,350
Kinross Gold Corp. COM 496902404 4,769 1,268,315 SH   SOLE 0 1,231,105 0 37,210
Liberty Broadband-A COM 530307107 2,124 28,074 SH   SOLE 0 27,184 0 890
Linamar Corp. COM 53278L107 4,737 107,595 SH   SOLE 0 105,230 0 2,365
Market Vectors Gold Miners E COM 92189F106 3,992 178,921 SH   SOLE 0 173,536 0 5,385
MMA Capital Management, LLC COM 55315D105 8,105 304,712 SH   SOLE 0 304,712 0 0
Newmont Mining Corp. COM 651639106 1,230 32,613 SH   SOLE 0 30,775 0 1,838
Nexeo Solutions, Inc COM 65342H102 4,701 514,945 SH   SOLE 0 497,585 0 17,360
Packaging Corp of America COM 695156109 6,120 54,358 SH   SOLE 0 53,048 0 1,310
Range Resources Corp COM 75281A109 2,357 140,855 SH   SOLE 0 137,980 0 2,875
Spirit Airlines Inc. COM 848577102 13,730 377,716 SH   SOLE 0 366,651 0 11,065
T-Mobile US Inc. COM 872590104 15,864 265,503 SH   SOLE 0 257,989 0 7,514
Trinseo SA COM L9340P101 8,435 118,884 SH   SOLE 0 114,794 0 4,090
US Bancorp COM 902973304 4,374 86,919 SH   SOLE 0 85,514 0 1,405