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 5,285 26,865 SH   SOLE N/A 26,865 0 0
ADIENT PLC ORD SHS G0084W101 5,504 111,890 SH   SOLE N/A 111,890 0 0
AFLAC INC COM 001055102 5,025 116,800 SH   SOLE N/A 116,800 0 0
ALLEGHANY CORP DEL COM 017175100 1,372 2,386 SH   SOLE N/A 2,386 0 0
ALLIANCEBERNSTEIN GBL HGH IN COM 01879R106 19,513 1,690,932 SH   SOLE N/A 1,690,932 0 0
ALPHABET INC CAP STK CL A 02079K305 11,948 10,581 SH   SOLE N/A 10,581 0 0
ALPHABET INC CAP STK CL C 02079K107 380 341 SH   SOLE N/A 341 0 0
ALTRIA GROUP INC COM 02209S103 852 15,000 SH   SOLE N/A 15,000 0 0
AMAZON COM INC COM 023135106 1,849 1,088 SH   SOLE N/A 1,088 0 0
AMBEV SA SPONSORED ADR 02319V103 83 17,875 SH   SOLE N/A 17,875 0 0
AMERICAN EXPRESS CO COM 025816109 1,073 10,953 SH   SOLE N/A 10,953 0 0
APPLE INC COM 037833100 1,963 10,606 SH   SOLE N/A 10,606 0 0
APTARGROUP INC COM 038336103 1,319 14,129 SH   SOLE N/A 14,129 0 0
ARADIGM CORP COM PAR 038505400 695 479,477 SH   SOLE N/A 479,477 0 0
ARQULE INC COM 04269E107 830 150,000 SH   SOLE N/A 150,000 0 0
AT&T INC COM 00206R102 18,901 588,618 SH   SOLE N/A 588,618 0 0
AVANGRID INC COM 05351W103 3,317 62,664 SH   SOLE N/A 62,664 0 0
AXALTA COATING SYS LTD COM G0750C108 4,040 133,300 SH   SOLE N/A 133,300 0 0
BANK N S HALIFAX COM 064149107 1,636 28,600 SH   SOLE N/A 28,600 0 0
BANK NEW YORK MELLON CORP COM 064058100 216 4,000 SH   SOLE N/A 4,000 0 0
BED BATH & BEYOND INC COM 075896100 2,106 105,700 SH   SOLE N/A 105,700 0 0
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 215 1,150 SH   SOLE N/A 1,150 0 0
BIOGEN INC COM 09062X103 1,132 3,900 SH   SOLE N/A 3,900 0 0
BLACKROCK FLOATING RATE INCO COM 091941104 34,046 34,045,805 SH   SOLE N/A 34,045,805 0 0
BLACKROCK MUNIYIELD NY QLTY COM 09255E102 1,373 114,600 SH   SOLE N/A 114,600 0 0
BRISTOL MYERS SQUIBB CO COM 110122108 9,907 179,029 SH   SOLE N/A 179,029 0 0
BROADCOM INC COM 11135F101 6,315 26,025 SH   SOLE N/A 26,025 0 0
CAMECO CORP COM 13321L108 4,628 411,400 SH   SOLE N/A 411,400 0 0
CATERPILLAR INC DEL COM 149123101 3,199 23,580 SH   SOLE N/A 23,580 0 0
CERNER CORP COM 156782104 1,076 18,000 SH   SOLE N/A 18,000 0 0
CHARTER COMMUNICATIONS INC N CL A 16119P108 703 2,396 SH   SOLE N/A 2,396 0 0
CHINA MOBILE LIMITED SPONSORED ADR 16941M109 3,995 90,000 SH   SOLE N/A 90,000 0 0
CHINA YUCHAI INTL LTD COM G21082105 3,960 182,500 SH   SOLE N/A 182,500 0 0
CISCO SYS INC COM 17275R102 310 7,200 SH   SOLE N/A 7,200 0 0
COGNEX CORP COM 192422103 1,026 23,000 SH   SOLE N/A 23,000 0 0
COLGATE PALMOLIVE CO COM 194162103 1,050 16,200 SH   SOLE N/A 16,200 0 0
COMCAST CORP NEW CL A 20030N101 11,871 361,809 SH   SOLE N/A 361,809 0 0
CONAGRA BRANDS INC COM 205887102 706 19,762 SH   SOLE N/A 19,762 0 0
CONSOLIDATED TOMOKA LD CO COM 210226106 246 4,000 SH   SOLE N/A 4,000 0 0
CONSTELLATION BRANDS INC CL A 21036P108 525 2,400 SH   SOLE N/A 2,400 0 0
CUMMINS INC COM 231021106 1,929 14,500 SH   SOLE N/A 14,500 0 0
CURIS INC COM NEW 231269200 1,010 583,750 SH   SOLE N/A 583,750 0 0
D R HORTON INC COM 23331A109 2,066 50,400 SH   SOLE N/A 50,400 0 0
DEAN FOODS CO NEW COM NEW 242370203 1,377 131,000 SH   SOLE N/A 131,000 0 0
DEERE & CO COM 244199105 3,201 22,900 SH   SOLE N/A 22,900 0 0
DICKS SPORTING GOODS INC COM 253393102 1,332 37,800 SH   SOLE N/A 37,800 0 0
DISNEY WALT CO COM DISNEY 254687106 734 7,000 SH   SOLE N/A 7,000 0 0
DONEGAL GROUP INC CL A 257701201 781 57,386 SH   SOLE N/A 57,386 0 0
DOWDUPONT INC COM 26078J100 6,380 96,785 SH   SOLE N/A 96,785 0 0
DRIL-QUIP INC COM 262037104 1,259 24,500 SH   SOLE N/A 24,500 0 0
EOG RES INC COM 26875P101 5,966 47,950 SH   SOLE N/A 47,950 0 0
EXXON MOBIL CORP COM 30231G102 433 5,228 SH   SOLE N/A 5,228 0 0
FACEBOOK INC CL A 30303M102 738 3,800 SH   SOLE N/A 3,800 0 0
FOOT LOCKER INC COM 344849104 3,838 72,900 SH   SOLE N/A 72,900 0 0
GALLAGHER ARTHUR J & CO COM 363576109 4,903 75,100 SH   SOLE N/A 75,100 0 0
GENERAL ELECTRIC CO COM 369604103 2,560 188,101 SH   SOLE N/A 188,101 0 0
GENTEX CORP COM 371901109 1,289 56,000 SH   SOLE N/A 56,000 0 0
GERON CORP COM 374163103 531 154,700 SH   SOLE N/A 154,700 0 0
GILEAD SCIENCES INC COM 375558103 8,706 122,900 SH   SOLE N/A 122,900 0 0
GOLUB CAP BDC INC COM 38173M102 11,680 638,244 SH   SOLE N/A 638,244 0 0
GOPRO INC CL A 38268T103 2,187 339,597 SH   SOLE N/A 339,597 0 0
GOPRO INC NOTE 3.500% 4/1 38268TAB9 835 900,000 PRN   SOLE N/A 900,000 0 0
GRANITE CONSTR INC COM 387328107 980 17,604 SH   SOLE N/A 17,604 0 0
HANESBRANDS INC COM 410345102 7,399 336,000 SH   SOLE N/A 336,000 0 0
HONEYWELL INTL INC COM 438516106 328 2,275 SH   SOLE N/A 2,275 0 0
HRG GROUP INC COM 40434J100 4,362 333,200 SH   SOLE N/A 333,200 0 0
IDENTIV INC COM NEW 45170X205 157 40,500 SH   SOLE N/A 40,500 0 0
INDEPENDENCE HLDG CO NEW COM NEW 453440307 16,996 511,161 SH   SOLE N/A 511,161 0 0
INTEL CORP COM 458140100 1,407 28,296 SH   SOLE N/A 28,296 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 14,825 106,122 SH   SOLE N/A 106,122 0 0
INTEVAC INC COM 461148108 1,424 293,646 SH   SOLE N/A 293,646 0 0
ISHARES GOLD TRUST ISHARES 464285105 1,798 149,600 SH   SOLE N/A 149,600 0 0
ISHARES SILVER TRUST ISHARES 46428Q109 3,660 241,600 SH   SOLE N/A 241,600 0 0
JEFFERIES FINL GROUP INC COM 47233W109 5,162 227,000 SH   SOLE N/A 227,000 0 0
JOHNSON & JOHNSON COM 478160104 8,951 73,764 SH   SOLE N/A 73,764 0 0
JPMORGAN CHASE & CO COM 46625H100 356 3,412 SH   SOLE N/A 3,412 0 0
KIMBERLY CLARK CORP COM 494368103 4,224 40,100 SH   SOLE N/A 40,100 0 0
KULICKE & SOFFA INDS INC COM 501242101 6,193 260,000 SH   SOLE N/A 260,000 0 0
LAMB WESTON HLDGS INC COM 513272104 451 6,587 SH   SOLE N/A 6,587 0 0
LAYNE CHRISTENSEN CO NOTE 4.250%11/1 521050AB0 1,563 1,550,000 PRN   SOLE N/A 1,550,000 0 0
LIBERTY GLOBAL PLC SHS CL A G5480U104 793 28,809 SH   SOLE N/A 28,809 0 0
LIBERTY GLOBAL PLC SHS CL C G5480U120 2,225 83,629 SH   SOLE N/A 83,629 0 0
LIBERTY LATIN AMERICA LTD COM CL C G9001E128 294 15,183 SH   SOLE N/A 15,183 0 0
LIBERTY LATIN AMERICA LTD COM CL A G9001E102 106 5,538 SH   SOLE N/A 5,538 0 0
LOEWS CORP COM 540424108 676 14,000 SH   SOLE N/A 14,000 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 572 15,216 SH   SOLE N/A 15,216 0 0
M & T BK CORP COM 55261F104 9,579 56,297 SH   SOLE N/A 56,297 0 0
MERCK & CO INC COM 58933Y105 3,508 57,790 SH   SOLE N/A 57,790 0 0
METLIFE INC COM 59156R108 6,945 159,300 SH   SOLE N/A 159,300 0 0
MGM RESORTS INTERNATIONAL COM 552953101 4,044 139,300 SH   SOLE N/A 139,300 0 0
MICROSOFT CORP COM 594918104 9,368 95,000 SH   SOLE N/A 95,000 0 0
MOHAWK INDS INC COM 608190104 1,037 4,840 SH   SOLE N/A 4,840 0 0
MOLSON COORS BREWING CO CL B 60871R209 9,281 136,400 SH   SOLE N/A 136,400 0 0
MONDELEZ INTL INC CL A 609207105 284 6,920 SH   SOLE N/A 6,920 0 0
MONSTER BEVERAGE CORP NEW COM 61174X109 2,272 39,650 SH   SOLE N/A 39,650 0 0
MURPHY OIL CORP COM 626717102 818 24,226 SH   SOLE N/A 24,226 0 0
MURPHY USA INC COM 626755102 262 3,531 SH   SOLE N/A 3,531 0 0
NATIONAL OILWELL VARCO INC COM 637071101 5,698 131,300 SH   SOLE N/A 131,300 0 0
NEW GERMANY FD INC COM 644465106 268 14,698 SH   SOLE N/A 14,698 0 0
NEWELL BRANDS INC COM 651229106 13,826 536,110 SH   SOLE N/A 536,110 0 0
NEWLINK GENETICS CORP COM 651511107 1,173 246,340 SH   SOLE N/A 246,340 0 0
NORDIC AMERICAN TANKERS LIMI COM G65773106 445 166,000 SH   SOLE N/A 166,000 0 0
NOVARTIS A G SPONSORED ADR 66987V109 1,197 15,848 SH   SOLE N/A 15,848 0 0
NUTRIEN LTD COM 67077M108 8,966 164,868 SH   SOLE N/A 164,868 0 0
NXP SEMICONDUCTORS N V COM N6596X109 11,285 103,275 SH   SOLE N/A 103,275 0 0
OAKTREE SPECIALTY LENDING CO COM 67401P108 2,294 479,860 SH   SOLE N/A 479,860 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 211 2,522 SH   SOLE N/A 2,522 0 0
OCEANEERING INTL INC COM 675232102 2,363 92,800 SH   SOLE N/A 92,800 0 0
PFIZER INC COM 717081103 8,582 236,561 SH   SOLE N/A 236,561 0 0
PHILIP MORRIS INTL INC COM 718172109 3,076 38,100 SH   SOLE N/A 38,100 0 0
POTLATCHDELTIC CORPORATION COM 737630103 1,475 29,000 SH   SOLE N/A 29,000 0 0
PRAXAIR INC COM 74005P104 1,265 8,000 SH   SOLE N/A 8,000 0 0
PROCTER AND GAMBLE CO COM 742718109 1,066 13,650 SH   SOLE N/A 13,650 0 0
PROGRESSIVE CORP OHIO COM 743315103 5,093 86,100 SH   SOLE N/A 86,100 0 0
QUALCOMM INC COM 747525103 12,403 221,012 SH   SOLE N/A 221,012 0 0
ROYAL BK CDA MONTREAL QUE COM 780087102 1,363 18,100 SH   SOLE N/A 18,100 0 0
SANOFI RIGHT 12/31/2020 80105N113 73 146,402 SH   SOLE N/A 146,402 0 0
SEALED AIR CORP NEW COM 81211K100 4,266 100,500 SH   SOLE N/A 100,500 0 0
SIRIUS XM HLDGS INC COM 82968B103 135 20,000 SH   SOLE N/A 20,000 0 0
SNAP ON INC COM 833034101 1,125 7,000 SH   SOLE N/A 7,000 0 0
SPDR GOLD TRUST GOLD SHS 78463V107 73,405 618,665 SH   SOLE N/A 618,665 0 0
SPECTRUM BRANDS HLDGS INC COM 84763R101 9,656 118,300 SH   SOLE N/A 118,300 0 0
SPROTT PHYSICAL SILVER TR TR UNIT 85207K107 802 136,709 SH   SOLE N/A 136,709 0 0
SYSCO CORP COM 871829107 6,918 101,300 SH   SOLE N/A 101,300 0 0
T MOBILE US INC COM 872590104 3,071 51,400 SH   SOLE N/A 51,400 0 0
TAHOE RES INC COM 873868103 1,752 356,000 SH   SOLE N/A 356,000 0 0
TE CONNECTIVITY LTD REG SHS H84989104 369 4,094 SH   SOLE N/A 4,094 0 0
TECHNIPFMC PLC COM G87110105 1,013 31,900 SH   SOLE N/A 31,900 0 0
TEEKAY TANKERS LTD CL A Y8565N102 658 562,200 SH   SOLE N/A 562,200 0 0
TWENTY FIRST CENTY FOX INC CL A 90130A101 14,615 294,115 SH   SOLE N/A 294,115 0 0
UNION PAC CORP COM 907818108 1,275 9,000 SH   SOLE N/A 9,000 0 0
UNITED TECHNOLOGIES CORP COM 913017109 4,040 32,310 SH   SOLE N/A 32,310 0 0
UNIVERSAL DISPLAY CORP COM 91347P105 860 10,000 SH   SOLE N/A 10,000 0 0
UNUM GROUP COM 91529Y106 2,367 64,000 SH   SOLE N/A 64,000 0 0
US BANCORP DEL COM NEW 902973304 1,506 30,100 SH   SOLE N/A 30,100 0 0
VERITIV CORP COM 923454102 1,606 40,300 SH   SOLE N/A 40,300 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 2,748 54,631 SH   SOLE N/A 54,631 0 0
WALMART INC COM 931142103 2,697 31,486 SH   SOLE N/A 31,486 0 0
WASHINGTON PRIME GROUP NEW COM 93964W108 4,480 552,400 SH   SOLE N/A 552,400 0 0
WESTERN ASST INFLTN LKD INM COM SH BEN INT 95766Q106 465 40,726 SH   SOLE N/A 40,726 0 0
WESTERN AST INFL LKD OPP & I COM 95766R104 1,584 142,100 SH   SOLE N/A 142,100 0 0
WESTROCK CO COM 96145D105 7,108 124,650 SH   SOLE N/A 124,650 0 0
XYLEM INC COM 98419M100 1,341 19,900 SH   SOLE N/A 19,900 0 0