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
AES CORP COM 00130H105   18,909 900 SH   SOLE   900 0 0
ALPHABET INC CAP STK CL A 02079K305   130,755,600 60,000 SH   SOLE   60,000 0 0
APOLLO GLOBAL MANAGEMENT INC COM 03769M106   89,125,632 1,838,400 SH   SOLE   1,838,400 0 0
ARBOR REALTY TRUST INC COM 038923108   29,729,468 2,267,694 SH   SOLE   2,267,694 0 0
ASHLAND INC COM 044186104   89,855,993 871,965 SH   SOLE   871,965 0 0
ASPEN GROUP INC COM 04530L203   2,371,600 2,420,000 SH   SOLE   2,420,000 0 0
ASPEN GROUP INC COM 04530L203   5,000,000 50,000 SH   SOLE   50,000 0 0
BANK OF AMERICA CORP COM 060505104   3,113,000 100,000 SH   SOLE   100,000 0 0
BARINGS BDC INC COM 06759L103   1,774,560 190,608 SH   SOLE   190,608 0 0
BAUSCH HEALTH COS INC COM 071734107   8,360,000 1,000,000 SH   SOLE   1,000,000 0 0
OWL ROCK CAPITAL CORP COM 69121K104   147,960 12,000 SH   SOLE   12,000 0 0
CHIMERA INVESTMENT CORP COM 16934Q208   29,031,559 3,291,560 SH   SOLE   3,291,560 0 0
CITIGROUP INC COM 172967424   18,166,050 395,000 SH   SOLE   395,000 0 0
COTERRA ENERGY INC COM 127097103   59,317,000 2,300,000 SH   SOLE   2,300,000 0 0
CURO GROUP HOLDINGS CORP COM 23131L107   363,006 65,643 SH   SOLE   65,643 0 0
Chimera Investment Corp COM 16934Q208   632,714 30,834 SH   SOLE   30,834 0 0
DEVON ENERGY CORP COM 25179M103   126,989,973 2,304,300 SH   SOLE   2,304,300 0 0
DIAMEDICA THERAPEUTICS INC COM 25253X207   1,641,266 812,508 SH   SOLE   812,508 0 0
ELLINGTON FINANCIAL INC COM 28852N109   11,882,700 810,000 SH   SOLE   810,000 0 0
ENERGY TRANSFER LP COM UT LTD PTN 29273V100   81,836,000 8,200,000 SH   SOLE   8,200,000 0 0
FINANCE OF AMERICA COS INC COM CL A 31738L107   8,164,000 5,200,000 SH   SOLE   5,200,000 0 0
FIRST EAGLE ALTERNATIVE CAPI COM 26943B100   7,709,447 2,177,810 SH   SOLE   2,177,810 0 0
FISERV INC COM 337738108   76,514,200 860,000 SH   SOLE   860,000 0 0
GANNETT CO INC COM 36472T109   6,850,091 2,362,100 SH   SOLE   2,362,100 0 0
ISHARES TR 3-7 YR TREAS BD 464288661   476,883 3,996 SH   SOLE   3,996 0 0
ISHARES TR 7-10 YR TRSY BD 464287440   332,373 3,249 SH   SOLE   3,249 0 0
ISHARES TR CORE MSCI EURO 46434V738   1,336,031 29,716 SH   SOLE   29,716 0 0
ISHARES INC MSCI CDA ETF 464286509   422,044 12,531 SH   SOLE   12,531 0 0
ISHARES TR MSCI EAFE ETF 464287465   4,108,718 65,750 SH   SOLE   65,750 0 0
ISHARES INC MSCI JPN ETF 46434G822   659,371 12,481 SH   SOLE   12,481 0 0
ISHARES INC MSCI PAC JP ETF 464286665   691,432 16,605 SH   SOLE   16,605 0 0
ISHARES INC MSCI WORLD ETF 464286392   355,804 3,329 SH   SOLE   3,329 0 0
ISHARES TR S&P 500 GRWT EFT 464287309   1,400,965 23,214 SH   SOLE   23,214 0 0
LAS VEGAS SANDS CORP COM 517834107   16,795,000 500,000 SH   SOLE   500,000 0 0
LITHIA MOTORS INC COM 536797103   41,221,500 150,000 SH   SOLE   150,000 0 0
MICROSOFT CORP COM 594918104   63,104,415 245,705 SH   SOLE   245,705 0 0
MIRION TECHNOLOGIES INC COM CL A 60471A101   29,971,123 5,203,320 SH   SOLE   5,203,320 0 0
MOTOROLA SOLUTIONS INC COM 620076307   25,990,400 124,000 SH   SOLE   124,000 0 0
MP MATERIALS CORP COM CL A 553368101   68,647,992 2,139,900 SH   SOLE   2,139,900 0 0
MR COOPER GROUP INC COM 62482R107   119,000,860 3,239,000 SH   SOLE   3,239,000 0 0
VIRGIN ORBIT HOLDINGS INC *W EXP 99/99/999 92771A119   285,885 162,002 SH   SOLE   162,002 0 0
OCWEN FINANCIAL CORP COM 675746606   5,286,035 192,921 SH   SOLE   192,921 0 0
PIONEER NATURAL RESOURCES CO COM 723787107   41,269,800 185,000 SH   SOLE   185,000 0 0
SIERRA METALS INC COM 82639W106   2,988,296 3,735,370 SH   SOLE   3,735,370 0 0
SUNOPTA INC COM 8676EP108   21,939,600 2,820,000 SH   SOLE   2,820,000 0 0
SURGALIGN HOLDINGS INC COM 86882C204   426,247 124,999 SH   SOLE   124,999 0 0
THE CIGNA GROUP COM 125523100   95,097,253 360,873 SH   SOLE   360,873 0 0
TRINITY INDUSTRIES INC COM 896522109   14,532,000 600,000 SH   SOLE   600,000 0 0
VANGUARD INTL EQUITY INDEX F FTSE EUROPE ETF 922042874   632,361 11,972 SH   SOLE   11,972 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363   15,521,492 44,746 SH   SOLE   44,746 0 0
VERTIV HOLDINGS CO COM CL A 92537N108   19,893,222 2,420,100 SH   SOLE   2,420,100 0 0
VIRGIN ORBIT HOLDINGS INC COMMON STOCK 92771A101   1,856,623 484,758 SH   SOLE   484,758 0 0
WARNER BROS DISCOVERY INC COM SER A 934423104   6,039,000 450,000 SH   SOLE   450,000 0 0
WILLSCOT MOBILE MINI HOLDING COM CL A 971378104   64,840,000 2,000,000 SH   SOLE   2,000,000 0 0