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
3M CO COM 88579y101 426 2,165 SH   SOLE   0 0 2,165
A T & T INC COM 00206r102 954 29,700 SH   SOLE   0 0 29,700
ACHILLION PHARMACEUTICALS INC COM 00448Q201 62 22,000 SH   SOLE   0 0 22,000
AIR PROD & CHEMICALS COM 009158106 384 2,467 SH   SOLE   0 0 2,467
AIR TRANS SVCS GROUP COM 00922r105 640 28,350 SH   SOLE   0 0 28,350
ALPHABET INC. CLASS A COM 02079k305 3,886 3,441 SH   SOLE   0 0 3,441
ALPHABET INC. CLASS C COM 02079k107 4,415 3,957 SH   SOLE   0 0 3,957
ALTRIA GROUP INC COM 02209S103 417 7,350 SH   SOLE   0 0 7,350
AMAZON.COM INC COM 023135106 1,074 632 SH   SOLE   0 0 632
AMERICAN EXPRESS CO COM 025816109 1,709 17,441 SH   SOLE   0 0 17,441
AMGEN INC. COM 031162100 1,213 6,571 SH   SOLE   0 0 6,571
ANALOG DEVICES INC COM 032654105 1,451 15,126 SH   SOLE   0 0 15,126
ANWORTH MTG AST CORP COM COM 037347101 1,441 290,000 SH   SOLE   0 0 290,000
APPLE INC COM 037833100 13,705 74,039 SH   SOLE   0 0 74,039
AQUANTIA CORP COM 03842q108 803 69,320 SH   SOLE   0 0 69,320
B G C PARTNERS CLASS A COM 05541t101 9,159 809,088 SH   SOLE   0 0 809,088
BANK OF AMERICA CORP COM 060505104 4,557 161,665 SH   SOLE   0 0 161,665
BERKSHIRE HATHAWAY CLASS B COM 084670702 879 4,710 SH   SOLE   0 0 4,710
BOEING COMPANY COM COM 097023105 252 752 SH   SOLE   0 0 752
BP PLC F SPONSORED ADR 1 ADR R COM 055622104 4,943 108,250 SH   SOLE   0 0 108,250
BRISTOL-MYERS SQUIBB COM 110122108 668 12,078 SH   SOLE   0 0 12,078
CANADIAN NATL RAILWY F COM 136375102 474 5,800 SH   SOLE   0 0 5,800
CATERPILLAR INC DEL COM 149123101 285 2,100 SH   SOLE   0 0 2,100
CELGENE CORP COM 151020104 993 12,504 SH   SOLE   0 0 12,504
CHARLES SCHWAB CORP COM 808513105 2,293 44,875 SH   SOLE   0 0 44,875
CHECK PT SOFTWARE F COM m22465104 3,138 32,121 SH   SOLE   0 0 32,121
CHEVRON CORP COM 166764100 2,799 22,138 SH   SOLE   0 0 22,138
CITIGROUP INC COM 172967424 1,256 18,775 SH   SOLE   0 0 18,775
CONOCOPHILLIPS COM 20825c104 2,173 31,215 SH   SOLE   0 0 31,215
CONSTELLATION BRAND CLASS A COM 21036p108 1,772 8,095 SH   SOLE   0 0 8,095
DUKE ENERGY CORP COM 26441c204 836 10,566 SH   SOLE   0 0 10,566
EAST WEST BANCORP COM 27579r104 1,239 19,000 SH   SOLE   0 0 19,000
EDWARDS LIFESCIENCES COM 28176e108 311 2,135 SH   SOLE   0 0 2,135
ELI LILLY & CO. COM 532457108 243 2,850 SH   SOLE   0 0 2,850
ENBRIDGE INC COM 29250N105 302 8,462 SH   SOLE   0 0 8,462
ENERGOUS CORP COM 29272c103 7,714 520,175 SH   SOLE   0 0 520,175
EQUIFAX INC COM 294429105 313 2,500 SH   SOLE   0 0 2,500
EURONAV NV F COM b38564108 2,427 263,800 SH   SOLE   0 0 263,800
EXXON MOBIL CORP COM 30231g102 1,267 15,318 SH   SOLE   0 0 15,318
FATE THERAPEUTICS COM 31189p102 336 29,635 SH   SOLE   0 0 29,635
FIBROGEN INC COM 31572q808 3,185 50,880 SH   SOLE   0 0 50,880
GENERAL DYNAMICS CO COM 369550108 373 2,000 SH   SOLE   0 0 2,000
GENERAL ELECTRIC CO COM 369604103 616 45,275 SH   SOLE   0 0 45,275
GILEAD SCIENCES INC COM 375558103 1,464 20,671 SH   SOLE   0 0 20,671
HALLIBURTON CO HLDG COM 406216101 1,522 33,776 SH   SOLE   0 0 33,776
HALOZYME THERAPEUTIC COM 40637h109 2,505 148,480 SH   SOLE   0 0 148,480
HONEYWELL INTL INC COM 438516106 576 4,000 SH   SOLE   0 0 4,000
INTEL CORP COM 458140100 3,294 66,269 SH   SOLE   0 0 66,269
INTERNATIONAL BUSINESS MACHS C COM 459200101 855 6,121 SH   SOLE   0 0 6,121
JOHNSON & JOHNSON COM 478160104 4,657 38,383 SH   SOLE   0 0 38,383
JPMORGAN CHASE & CO COM 46625H100 639 6,133 SH   SOLE   0 0 6,133
KARYOPHARM THERAPTIC COM 48576u106 4,807 282,945 SH   SOLE   0 0 282,945
KIMBERLY-CLARK CORP COM 494368103 592 5,620 SH   SOLE   0 0 5,620
Kraft Heinz Co COM 500754106 992 15,799 SH   SOLE   0 0 15,799
LEXINGTON REALTY TR REIT COM 529043101 5,225 598,550 SH   SOLE   0 0 598,550
LOCKHEED MARTIN CORP COM 539830109 1,272 4,305 SH   SOLE   0 0 4,305
LOWES COS INC COM COM 548661107 462 4,836 SH   SOLE   0 0 4,836
MARATHON PETE CORP COM 56585a102 4,094 58,350 SH   SOLE   0 0 58,350
MERCK & CO. INC. COM 58933y105 3,554 58,545 SH   SOLE   0 0 58,545
MICROCHIP TECHNOLOGY COM 595017104 6,645 73,060 SH   SOLE   0 0 73,060
MICRON TECHNOLOGY COM 595112103 998 19,030 SH   SOLE   0 0 19,030
MICROSOFT CORP COM 594918104 767 7,781 SH   SOLE   0 0 7,781
MIDDLEBY CORP THE COM 596278101 209 2,000 SH   SOLE   0 0 2,000
MONDELEZ INTL INC COM 609207105 1,423 34,696 SH   SOLE   0 0 34,696
NETFLIX INC COM 64110l106 2,846 7,270 SH   SOLE   0 0 7,270
NEW RESIDENTIAL INVE REIT COM 64828t201 9,700 554,600 SH   SOLE   0 0 554,600
NEWMARK GROUP INC CL A COM 65158N102 142 10,000 SH   SOLE   0 0 10,000
NIKE INC CLASS B COM 654106103 373 4,675 SH   SOLE   0 0 4,675
NVIDIA CORP COM 67066g104 1,526 6,442 SH   SOLE   0 0 6,442
New Sr Invt Group Inc COM 648691103 1,302 172,000 SH   SOLE   0 0 172,000
PAYPAL HOLDINGS INCORPOR COM 70450y103 207 2,485 SH   SOLE   0 0 2,485
PEPSICO INC COM 713448108 1,129 10,370 SH   SOLE   0 0 10,370
PFIZER INC COM COM 717081103 1,930 53,204 SH   SOLE   0 0 53,204
PHILIP MORRIS INTL INC COM 718172109 684 8,476 SH   SOLE   0 0 8,476
PHILLIPS 66 COM 718546104 3,907 34,792 SH   SOLE   0 0 34,792
PROCTER & GAMBLE COM 742718109 605 7,756 SH   SOLE   0 0 7,756
PUBLIC STORAGE REIT COM 74460d109 229 1,010 SH   SOLE   0 0 1,010
QUALCOMM INC DUTCH TENDER EXP: COM 747525103 393 7,000 SH   SOLE   0 0 7,000
RAYTHEON CO COM 755111507 425 2,198 SH   SOLE   0 0 2,198
REDWOOD TRUST INC. REIT COM 758075402 2,036 123,617 SH   SOLE   0 0 123,617
RESONANT INC COM 76118l102 3,646 646,475 SH   SOLE   0 0 646,475
SCHLUMBERGER LTD COM COM 806857108 206 3,070 SH   SOLE   0 0 3,070
SHIP FIN INTL F COM g81075106 6,362 425,550 SH   SOLE   0 0 425,550
SOLARIS OILFIELD CLASS A COM 83418m103 2,071 144,950 SH   SOLE   0 0 144,950
SPDR GOLD TRUST GLD SHS COM 78463V107 255 2,150 SH   SOLE   0 0 2,150
SPRAGUE RESOURCES LP LP COM 849343108 2,525 99,400 SH   SOLE   0 0 99,400
SRC ENERGY INC COM 78470v108 120 10,900 SH   SOLE   0 0 10,900
STANLEY BLACK & DECKER INC COM 854502101 274 2,064 SH   SOLE   0 0 2,064
STARBUCKS CORP COM 855244109 1,865 38,185 SH   SOLE   0 0 38,185
TEXAS INSTRUMENTS COM COM 882508104 954 8,656 SH   SOLE   0 0 8,656
THE COCA-COLA CO COM 191216100 349 7,955 SH   SOLE   0 0 7,955
TOCAGEN INC COM 888846102 126 13,500 SH   SOLE   0 0 13,500
U S BANCORP COM 902973304 667 13,332 SH   SOLE   0 0 13,332
UNITED TECHNOLOGIES CORP COM COM 913017109 313 2,507 SH   SOLE   0 0 2,507
VERIZON COMMUNICATN COM 92343v104 663 13,184 SH   SOLE   0 0 13,184
VERTEX PHARMACEUTICALS INC COM 92532F100 578 3,400 SH   SOLE   0 0 3,400
WABTEC COM 929740108 394 4,000 SH   SOLE   0 0 4,000
WALT DISNEY CO COM 254687106 924 8,813 SH   SOLE   0 0 8,813
WELLS FARGO BK N A COM 949746101 594 10,710 SH   SOLE   0 0 10,710
XILINX INC COM COM 983919101 215 3,300 SH   SOLE   0 0 3,300