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
AMC ENTMT HLDGS INC CL A COM 00165C104 258 8,300 SH   SOLE 0 0 0 0
AT&T INC COM 00206R102 332 8,186 SH   SOLE 0 0 0 0
Acuity Brands Inc COM 00508y102 238 900 SH   SOLE 0 0 0 0
Allegheny Technologies Inc. COM 01741R102 1,846 102,195 SH   SOLE 0 0 0 0
ALLIED MOTION TECHNOLOGIES I COM 019330109 302 16,000 SH   SOLE 0 0 0 0
Allstate Corp COM 020002101 9,076 131,203 SH   SOLE 0 0 0 0
ALLY FINL INC COM 02005n100 5,536 284,341 SH   SOLE 0 0 0 0
ALPHABET INC CAP STK CL C 02079K107 7,287 9,376 SH   SOLE 0 0 0 0
Amazon Com Inc COM 023135106 12,151 14,512 SH   SOLE 0 0 0 0
Ameren Corp COM 023608102 261 5,320 SH   SOLE 0 0 0 0
American Intl Group Inc COM NEW 026874784 314 5,300 SH   SOLE 0 0 0 0
AMERICAN TOWER CORP NEW COM 03027x100 4,865 42,929 SH   SOLE 0 0 0 0
AMPLIFY SNACK BRANDS COM 03211L102 170 10,500 SH   SOLE 0 0 0 0
ANALOG DEVICES INC COM 032654105 2,821 43,771 SH   SOLE 0 0 0 0
Apache Corp COM 037411105 1,166 18,265 SH   SOLE 0 0 0 0
APOGEE ENTERPRISES INC COM 037598109 580 13,000 SH   SOLE 0 0 0 0
APPLE INC COM 037833100 13,226 116,996 SH   SOLE 0 0 0 0
BMC STK HLDGS INC COM 05591b109 638 36,000 SH   SOLE 0 0 0 0
Berkshire Hathaway Inc Del CL A 084670108 864 4 SH   SOLE 0 0 0 0
Berkshire Hathaway Inc Del CL B NEW 084670702 4,541 31,437 SH   SOLE 0 0 0 0
BLUEBIRD BIO INC COM 09609G100 406 6,000 SH   SOLE 0 0 0 0
BOINGO WIRELESS INC COM 09739c102 287 28,000 SH   SOLE 0 0 0 0
CUI GLOBAL INC COM NEW 126576206 492 84,400 SH   SOLE 0 0 0 0
Callaway Golf Co COM 131193104 580 50,000 SH   SOLE 0 0 0 0
CARRIZO OIL & GAS INC COM 144577103 203 5,000 SH   SOLE 0 0 0 0
Carrols Restaurant Group Inc COM 14574x104 528 40,000 SH   SOLE 0 0 0 0
Caterpillar Inc COM 149123101 3,384 38,127 SH   SOLE 0 0 0 0
CERNER CORP COM 156782104 208 3,370 SH   SOLE 0 0 0 0
Chevron Corp New COM 166764100 361 3,516 SH   SOLE 0 0 0 0
CIENA CORP COM NEW 171779309 563 25,850 SH   SOLE 0 0 0 0
CLOROX CO DEL COM 189054109 222 1,775 SH   SOLE 0 0 0 0
COHERUS BIOSCIENCES INC COM 19249h103 401 15,000 SH   SOLE 0 0 0 0
COMCAST CORP NEW CL A 20030N101 7,411 111,713 SH   SOLE 0 0 0 0
COOPER COS INC COM NEW 216648402 2,223 12,402 SH   SOLE 0 0 0 0
COVENANT TRANSN GROUP INC CL A 22284P105 405 21,000 SH   SOLE 0 0 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 5,811 147,653 SH   SOLE 0 0 0 0
Descartes Sys Group Inc COM 249906108 365 17,000 SH   SOLE 0 0 0 0
DEVON ENERGY CORP NEW COM 25179M103 1,670 37,879 SH   SOLE 0 0 0 0
Diageo PLC SPON ADR NEW 25243Q205 5,632 48,539 SH   SOLE 0 0 0 0
DINEEQUITY INC COM 254423106 566 7,150 SH   SOLE 0 0 0 0
Du Pont E I De Nemours & Co COM 263534109 268 4,002 SH   SOLE 0 0 0 0
EPR PPTYS COM SH BEN INT 26884u109 224 2,852 SH   SOLE 0 0 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224p200 426 30,000 SH   SOLE 0 0 0 0
Exxon Mobil Corp COM 30231G102 2,260 25,894 SH   SOLE 0 0 0 0
FMC Corp COM NEW 302491303 8,025 166,022 SH   SOLE 0 0 0 0
Flowserve Corp COM 34354P105 5,336 110,621 SH   SOLE 0 0 0 0
Franklin Resources Inc COM 354613101 501 14,110 SH   SOLE 0 0 0 0
Gabelli Divd & Income Tr COM 36242H104 247 12,900 SH   SOLE 0 0 0 0
General Electric Co COM 369604103 5,587 188,623 SH   SOLE 0 0 0 0
GENERAL MTRS CO COM 37045V100 5,771 181,663 SH   SOLE 0 0 0 0
GENESEE & WYO INC CL A 371559105 587 8,518 SH   SOLE 0 0 0 0
GILEAD SCIENCES INC COM 375558103 7,508 94,903 SH   SOLE 0 0 0 0
HD SUPPLY HLDGS INC COM 40416m105 5,697 178,166 SH   SOLE 0 0 0 0
Honeywell Intl Inc COM 438516106 6,335 54,336 SH   SOLE 0 0 0 0
International Business Machs COM 459200101 303 1,913 SH   SOLE 0 0 0 0
Intl Paper Co COM 460146103 3,747 78,110 SH   SOLE 0 0 0 0
JPMORGAN CHASE & CO COM 46625h100 266 4,000 SH   SOLE 0 0 0 0
Johnson & Johnson COM 478160104 10,294 87,149 SH   SOLE 0 0 0 0
Kansas City Southern COM NEW 485170302 6,670 71,477 SH   SOLE 0 0 0 0
KINDER MORGAN INC DEL COM 49456B101 3,000 129,723 SH   SOLE 0 0 0 0
LIVE NATION ENTERTAINMENT IN COM 538034109 862 31,400 SH   SOLE 0 0 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 617 15,800 SH   SOLE 0 0 0 0
Lowe's Companies COM 548661107 7,594 105,166 SH   SOLE 0 0 0 0
LYON WILLIAM HOMES CL A NEW 552074700 519 28,000 SH   SOLE 0 0 0 0
MDC PARTNERS INC CL A SUB VTG 552697104 217 20,275 SH   SOLE 0 0 0 0
MGM RESORTS INTERNATIONAL COM 552953101 7,177 275,754 SH   SOLE 0 0 0 0
MGP INGREDIENTS INC NEW COM 55303j106 648 16,000 SH   SOLE 0 0 0 0
MSG NETWORK INC CL A 553573106 297 16,000 SH   SOLE 0 0 0 0
Magellan Midstream Prtnrs LP COM UNIT RP LP 559080106 661 9,358 SH   SOLE 0 0 0 0
Marsh & McLennan Cos COM 571748102 4,327 64,354 SH   SOLE 0 0 0 0
MAXLINEAR INC CL A 57776j100 824 40,700 SH   SOLE 0 0 0 0
McDonald's Corp. COM 580135101 448 3,890 SH   SOLE 0 0 0 0
Merck & Co Inc New COM 58933y105 248 3,977 SH   SOLE 0 0 0 0
Metlife Inc COM 59156R108 1,350 30,393 SH   SOLE 0 0 0 0
MICROSOFT CORP COM 594918104 11,037 191,621 SH   SOLE 0 0 0 0
MICRON TECHNOLOGY INC COM 595112103 4,796 269,742 SH   SOLE 0 0 0 0
MONDELEZ INTL INC CL A 609207105 5,561 126,680 SH   SOLE 0 0 0 0
MORGAN STANLEY COM NEW 617446448 6,631 206,854 SH   SOLE 0 0 0 0
National Amern Univ Hldgs Inc COM 63245q105 31 15,000 SH   SOLE 0 0 0 0
NATIONAL FUEL GAS CO N J COM 636180101 2,398 44,354 SH   SOLE 0 0 0 0
NEWELL BRANDS INC COM 651229106 8,172 155,199 SH   SOLE 0 0 0 0
NEWPARK RES INC COM PAR $.01NEW 651718504 345 47,000 SH   SOLE 0 0 0 0
Nextera Energy Inc COM 65339f101 1,244 10,178 SH   SOLE 0 0 0 0
NOBLE ENERGY INC COM 655044105 7,175 200,777 SH   SOLE 0 0 0 0
Norfolk Southern Corp COM 655844108 1,797 18,521 SH   SOLE 0 0 0 0
NOVADAQ TECHNOLOGIES INC COM 66987g102 335 29,000 SH   SOLE 0 0 0 0
ORBCOMM INC COM 68555p100 276 27,000 SH   SOLE 0 0 0 0
OUTFRONT MEDIA INC COM 69007J106 698 29,539 SH   SOLE 0 0 0 0
Packaging Corp Amer COM 695156109 204 2,520 SH   SOLE 0 0 0 0
PARATEK PHARMACEUTICALS INC COM 699374302 188 14,500 SH   SOLE 0 0 0 0
Pepsico Inc COM 713448108 615 5,659 SH   SOLE 0 0 0 0
Pfizer Inc COM 717081103 3,475 102,607 SH   SOLE 0 0 0 0
Philip Morris Intl Inc COM 718172109 587 6,039 SH   SOLE 0 0 0 0
Potash Corp Sask Inc COM 73755L107 217 13,331 SH   SOLE 0 0 0 0
Power Integrations Inc COM 739276103 542 8,600 SH   SOLE 0 0 0 0
Price T Rowe Group Inc COM 74144T108 26,666 401,002 SH   SOLE 0 0 0 0
Procter & Gamble COM 742718109 553 6,170 SH   SOLE 0 0 0 0
PROOFPOINT INC COM 743424103 598 8,000 SH   SOLE 0 0 0 0
Prudential Financial Inc. COM 744320102 8,432 103,272 SH   SOLE 0 0 0 0
SCRIPPS E W CO OHIO CL A NEW 811054402 461 29,000 SH   SOLE 0 0 0 0
SPIRIT AIRLS INC COM 848577102 544 12,800 SH   SOLE 0 0 0 0
Sprott Physical Gold Trust UNIT 85207h104 446 40,800 SH   SOLE 0 0 0 0
STAPLES INC COM 855030102 5,015 586,619 SH   SOLE 0 0 0 0
STATE AUTO FINL CORP COM 855707105 476 20,000 SH   SOLE 0 0 0 0
Starwood Ppty Tr Inc COM 85571b105 919 40,850 SH   SOLE 0 0 0 0
SWIFT TRANSN CO CL A 87074u101 343 16,000 SH   SOLE 0 0 0 0
SYNCHRONY FINL COM 87165b103 5,802 207,221 SH   SOLE 0 0 0 0
Telephone & Data Sys Inc COM NEW 879433829 5,665 208,430 SH   SOLE 0 0 0 0
TIME WARNER INC COM NEW 887317303 4,691 58,934 SH   SOLE 0 0 0 0
Tortoise Energy Infrstrctr Corp COM 89147l100 267 8,685 SH   SOLE 0 0 0 0
TOTAL S A SPONSORED ADR 89151E109 2,633 55,202 SH   SOLE 0 0 0 0
U S SILICA HLDGS INC COM 90346e103 372 8,000 SH   SOLE 0 0 0 0
Unilever N V NY SHS NEW 904784709 4,419 95,863 SH   SOLE 0 0 0 0
UNION PAC CORP COM 907818108 258 2,648 SH   SOLE 0 0 0 0
United Technologies COM 913017109 4,625 45,527 SH   SOLE 0 0 0 0
UnitedHealth Group Inc COM 91324P102 2,443 17,451 SH   SOLE 0 0 0 0
UNIVERSAL HLTH SVCS INC CL B 913903100 4,649 37,734 SH   SOLE 0 0 0 0
Varian Medical Systems, Inc. COM 92220P105 234 2,360 SH   SOLE 0 0 0 0
WASTE MGMT INC DEL COM 94106L109 205 3,225 SH   SOLE 0 0 0 0
Weyerhaeuser Co COM 962166104 18,551 580,825 SH   SOLE 0 0 0 0
WHIRLPOOL CORP COM 963320106 7,209 44,459 SH   SOLE 0 0 0 0
Williams Cos Inc. COM 969457100 4,414 143,652 SH   SOLE 0 0 0 0
XPO LOGISTICS INC COM 983793100 4,789 130,601 SH   SOLE 0 0 0 0
AXALTA COATING SYS LTD COM G0750C108 3,890 137,628 SH   SOLE 0 0 0 0
DELPHI AUTOMOTIVE PLC SHS G27823106 7,328 102,762 SH   SOLE 0 0 0 0
Invesco Ltd SHS G491BT108 6,950 222,263 SH   SOLE 0 0 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 7,392 223,751 SH   SOLE 0 0 0 0
GOLAR LNG LTD BERMUDA SHS G9456A100 365 17,250 SH   SOLE 0 0 0 0
LYONDELLBASELL INDUSTRIES N SHS -A- N53745100 4,881 60,522 SH   SOLE 0 0 0 0
NXP SEMICONDUCTORS N V COM N6596X109 3,007 29,481 SH   SOLE 0 0 0 0
NAVIGATOR HOLDINGS LTD SHS Y62132108 179 25,000 SH   SOLE 0 0 0 0