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
ALBEMARLE CORP COM 012653101 21,743 230,500 SH   SOLE   0 0 230,500
ALIBABA GROUP HLDG LTD SPONSORED ADS 01609W102 81,850 441,476 SH   SOLE   0 0 441,476
ALLERGAN PLC SHS G0177J108 25,501 152,900 SH   SOLE   0 0 152,900
AMAZON COM INC COM 023135106 102,612 60,402 SH   SOLE   0 0 60,402
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 91,641 2,004,828 SH   SOLE   0 0 2,004,828
BOEING CO COM 097023105 114,541 341,342 SH   SOLE   0 0 341,342
CIGNA CORPORATION COM 125509109 42,490 250,000 SH   SOLE   0 0 250,000
CHARTER COMMUNICATIONS INC N CL A 16119P108 8,797 30,000 SH   SOLE   0 0 30,000
DOMINION ENERGY INC COM 25746U109 13,634 200,000 SH   SOLE   0 0 200,000
DOWDUPONT INC COM 26078J100 9,893 150,000 SH   SOLE   0 0 150,000
LILLY ELI & CO COM 532457108 25,283 296,300 SH   SOLE   0 0 296,300
EZCORP INC CL A NON VTG 302301106 48,400 4,000,000 SH   SOLE   0 0 4,000,000
FREEPORT-MCMORAN INC CL B 35671D857 66,818 3,869,000 SH   SOLE   0 0 3,869,000
SELECT SECTOR SPDR TR SBI HEALTHCARE 81369Y209 41,048 492,000 SH   SOLE   0 0 492,000
HUYA INC ADS REP SHS A 44852D108 16,378 497,800 SH   SOLE   0 0 497,800
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 29,124 235,000 SH   SOLE   0 0 235,000
ISHARES TR RUSSELL 2000 ETF 464287655 3,771 125,000 SH   SOLE   0 0 125,000
JD COM INC SPON ADR CL A 47215P106 54,666 1,404,200 SH   SOLE   0 0 1,404,200
JOHNSON & JOHNSON COM 478160104 20,447 168,500 SH   SOLE   0 0 168,500
KRATOS DEFENSE & SEC SOLUTIO COM NEW 50077B207 20,011 1,740,109 SH   SOLE   0 0 1,740,109
L3 TECHNOLOGIES INC COM 502413107 29,257 152,118 SH   SOLE   0 0 152,118
LOCKHEED MARTIN CORP COM 539830109 67,695 228,986 SH   SOLE   0 0 228,986
MERCK & CO INC COM 58933Y105 19,242 317,000 SH   SOLE   0 0 317,000
NORTHROP GRUMMAN CORP COM 666807102 68,192 221,589 SH   SOLE   0 0 221,589
PIONEER NAT RES CO COM 723787107 59,667 315,300 SH   SOLE   0 0 315,300
RAYTHEON CO COM NEW 755111507 64,958 336,202 SH   SOLE   0 0 336,202
SINCLAIR BROADCAST GROUP INC CL A 829226109 5,457 170,000 SH   SOLE   0 0 170,000
SPECTRUM BRANDS HLDGS INC COM 84763R101 31,563 386,804 SH   SOLE   0 0 386,804
TAL ED GROUP SPONSORED ADS 874080104 24,270 659,677 SH   SOLE   0 0 659,677
WESTROCK CO COM 96145D105 8,553 150,000 SH   SOLE   0 0 150,000