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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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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
BOX INC CL A 10316T104   7,418,178 313,400 SH   SOLE   313,400 0 0
CASS INFORMATION SYS INC COM 14808P109   5,654,690 127,559 SH   SOLE   127,559 0 0
CBL & ASSOC PPTYS INC COMMON STOCK 124830878   4,955,579 125,840 SH   SOLE   125,840 0 0
CBRE GROUP INC CL A 12504L109   1,751,732 13,025 SH   SOLE   13,025 0 0
CME GROUP INC COM 12572Q105   9,719,143 32,731 SH   SOLE   32,731 0 0
GRINDR INC COM 39854F101   3,701,991 309,790 SH   SOLE   309,790 0 0
HALLIBURTON CO COM 406216101   4,375,700 115,150 SH   SOLE   115,150 0 0
IDT CORP CL B NEW 448947507   2,073,183 42,078 SH   SOLE   42,078 0 0
INTERACTIVE BROKERS GROUP IN COM CL A 45841N107   6,939,723 102,190 SH   SOLE   102,190 0 0
LAM RESEARCH CORP COM NEW 512807306   5,430,365 24,460 SH   SOLE   24,460 0 0
LIBERTY LIVE HOLDINGS INC COM SHS SER C 530909308   4,303,270 45,374 SH   SOLE   45,374 0 0
LOEWS CORP COM 540424108   10,051,247 94,254 SH   SOLE   94,254 0 0
MONARCH CASINO & RESORT INC COM 609027107   5,106,933 52,960 SH   SOLE   52,960 0 0
MOODYS CORP COM 615369105   5,375,055 12,250 SH   SOLE   12,250 0 0
NEW YORK TIMES CO MTN BE CL A 650111107   7,638,136 89,450 SH   SOLE   89,450 0 0
OTIS WORLDWIDE CORP COM 68902V107   1,512,211 19,525 SH   SOLE   19,525 0 0
PHILIP MORRIS INTL INC COM 718172109   1,966,625 12,500 SH   SOLE   12,500 0 0
SOMNIGROUP INTERNATIONAL INC COM 88023U101   7,053,678 95,825 SH   SOLE   95,825 0 0
SONIDA SENIOR LIVING INC COM 140475203   7,537,850 234,824 SH   SOLE   234,824 0 0
SPDR GOLD TR GOLD SHS 78463V107   5,277,920 12,055 SH   SOLE   12,055 0 0
SPOTIFY TECHNOLOGY S A SHS L8681T102   7,117,361 15,143 SH   SOLE   15,143 0 0
ST JOE CO COM 790148100   1,712,868 26,618 SH   SOLE   26,618 0 0
WHITESTONE REIT COM 966084204   10,206,800 632,000 SH   SOLE   632,000 0 0
ZILLOW GROUP INC CL C CAP STK 98954M200   3,896,596 96,236 SH   SOLE   96,236 0 0