Ticker	Issuer	Shares	Value	%	Share Price	Est. Cost/Share	Unrealized @ Report Date	Class	CUSIP
AMZN	AMAZON.COM	10,751	$19.14M	8.0%	$1780.76 *	$29.54	+201.4%	COM	023135106
AAPL	APPLE	100,259	$19.04M	8.0%	$189.95 *	$24.03	+88.7%	COM	037833100
STWD	STARWOOD PROPERTY TRUST INC	465,980	$10.41M	4.4%	$22.35	$21.99	—	COM	85571B105
PYPL	PAYPAL HOLDINGS INC	99,630	$10.35M	4.3%	$103.84	$48.65	+113.0%	COM	70450Y103
HUM	HUMANA INC	37,395	$9.947M	4.2%	$266.00 *	$259.37	-3.3%	COM	444859102
GOOG	ALPHABET INC CL C	8,180	$9.598M	4.0%	$1173.35 *	$36.11	+61.3%	COM	02079K107
ALLY	ALLY FINANCIAL INC COM	332,445	$9.139M	3.8%	$27.49 *	$16.25	+36.3%	COM	02005N100
CRM	SALESFORCE.COM INC	53,000	$8.394M	3.5%	$158.38	$114.84	+36.3%	COM	79466L302
T	AT&T	248,080	$7.78M	3.3%	$31.36 *	$14.16	+3.1%	COM	00206R102
—	LEXINGTON REALTY TRUST	826,725	$7.49M	3.1%	$9.06	$9.18	—	COM	529043101
C	CITIGROUP INC	113,307	$7.05M	3.0%	$62.22 *	$39.10	+25.3%	COM	172967424
BAC	BANK OF AMERICA	251,689	$6.944M	2.9%	$27.59 *	$11.63	+101.1%	COM	060505104
DANOY	DANONE SPONSORED ADR	375,060	$5.786M	2.4%	$15.43	$14.85	+3.6%	COM	23636T100
ASH	ASHLAND GLOBAL HOLDINGS INC	72,185	$5.64M	2.4%	$78.13 *	$72.73	-4.4%	COM	044186104
HON	HONEYWELL INTL INC	34,090	$5.418M	2.3%	$158.93 *	$115.15	+13.1%	COM	438516106
DHR	DANAHER CORP COM	40,712	$5.375M	2.3%	$132.02 *	$53.20	+113.6%	COM	235851102
DAL	DELTA AIR LINES INC	96,625	$4.991M	2.1%	$51.65 *	$34.73	+40.9%	COM	247361702
CSCO	CISCO SYSTEMS	90,970	$4.911M	2.1%	$53.98 *	$22.01	+99.5%	COM	17275R102
—	LINDE PLC	25,500	$4.486M	1.9%	$175.92	$156.04	—	COM	G5494J103
—	GMAC CAP TR I SER 2 CPN-8.125	159,990	$4.166M	1.7%	$26.04	$25.44	—	PFD	361860208
GLPI	GAMING AND LEISURE PROPERTIES,	105,340	$4.063M	1.7%	$38.57	$35.79	—	COM	36467J108
MPC	MARATHON PETROLEUM CORP	66,150	$3.959M	1.7%	$59.85 *	$40.62	+18.6%	COM	56585A102
GIS	GENERAL MILLS	66,270	$3.429M	1.4%	$51.74 *	$35.78	+14.4%	COM	370334104
URGN	UROGEN PHARMA LTD	80,300	$2.966M	1.2%	$36.94	$41.48	-10.9%	COM	M96088105
—	BGC PARTNERS INC	553,750	$2.94M	1.2%	$5.31	$8.44	—	COM	05541T101
INCY	INCYTE	33,500	$2.881M	1.2%	$86.00	$74.68	+15.2%	COM	45337C102
—	AGNC INVESTMENT CORP. SER B 7.	105,475	$2.663M	1.1%	$25.25	$25.61	—	PFD	00123Q302
—	NEW MEDIA INVESTMENT GROUP INC	251,340	$2.639M	1.1%	$10.50	$16.04	—	COM	64704V106
MPLX	MPLX LP	69,240	$2.277M	1.0%	$32.89	$35.30	—	COM	55336V100
—	GOLDMAN SACHS GROUP INC. PFD S	76,460	$1.993M	0.8%	$26.07	$26.78	—	PFD	38148B504
XYL	XYLEM INC	24,980	$1.974M	0.8%	$79.02 *	$68.31	+6.7%	COM	98419M100
ARMK	ARAMARK	65,670	$1.941M	0.8%	$29.56 *	$20.52	-4.6%	COM	03852U106
MDGL	MADRIGAL PHARMACEUTICALS INC	15,341	$1.922M	0.8%	$125.29	$23.71	+428.3%	COM	558868105
—	MORGAN STANLEY PRD G 6.625 7-	72,950	$1.849M	0.8%	$25.35	$26.17	—	PFD	61762V507
—	HERSHA HOSPITALITY TRUST SER D	69,150	$1.583M	0.7%	$22.89	$23.79	—	PFD	427825609
CMCSA	COMCAST CL A	39,055	$1.561M	0.7%	$39.97 *	$28.30	+18.4%	COM	20030N101
VICR	VICOR CORP	49,680	$1.541M	0.6%	$31.02	$41.61	-25.4%	COM	925815102
—	CITIGROUP INC PFD SER K 6.875	55,925	$1.514M	0.6%	$27.07	$28.12	—	PFD	172967341
ALLO	ALLOGENE THERAPEUTICS INC	51,785	$1.497M	0.6%	$28.91	$27.16	+6.4%	COM	019770106
—	KEMPER CORP 7.375	58,200	$1.468M	0.6%	$25.22	$26.00	—	PFD	488401209
GOOS	CANADA GOOSE HOLDINGS INC	29,425	$1.413M	0.6%	$48.02	$41.55	+15.6%	COM	135086106
—	VORNADO REALTY SER M 5.25	57,700	$1.353M	0.6%	$23.45	$22.38	—	PFD	929042828
—	AT&T INC 5.35	51,850	$1.316M	0.6%	$25.38	$24.90	—	PFD	00206R300
—	HERSHA HOSPITALITY TRUST	72,200	$1.238M	0.5%	$17.15	$17.15	—	COM	427825500
—	BANK OF AMERICA CORP SER Y 6.5	44,700	$1.147M	0.5%	$25.66	$26.32	—	PFD	060505310
—	ATLAS AIR WORLDWIDE HOLDINGS I	22,315	$1.128M	0.5%	$50.55	$62.01	—	COM	049164205
MRK	MERCK & CO INC	13,200	$1.098M	0.5%	$83.18 *	$30.29	+112.4%	COM	58933Y105
—	KKR & CO INC SER A 6.75	39,950	$1.057M	0.4%	$26.46	$26.54	—	PFD	48251W203
—	THL CREDIT INC	154,400	$1.013M	0.4%	$6.56	$10.88	—	COM	872438106
—	STAG INDL INC CUM RED PRD SER	35,940	$940K	0.4%	$26.15	$26.34	—	PFD	85254J409
BRK/A	BERKSHIRE HATHAWAY DEL CL A	3	$904K	0.4%	$301333.33	$165023.42	+82.5%	COM	084670108
MSFT	MICROSOFT	7,550	$890K	0.4%	$117.88 *	$51.07	+117.0%	COM	594918104
COST	COSTCO WHSL	3,350	$811K	0.3%	$242.09 *	$91.39	+140.5%	COM	22160K105
—	TELEPHONE & DATA SYS INC PFD 7	32,200	$803K	0.3%	$24.94	$25.42	—	PFD	879433837
—	BANK OF AMERICA SER HH 5.875	27,125	$703K	0.3%	$25.92	$25.55	—	PFD	060505195
—	CELGENE	7,250	$684K	0.3%	$94.34	$94.34	—	COM	151020104
FCX	FREEPORT MCMORAN, INC. CL B	50,500	$651K	0.3%	$12.89 *	$11.70	+1.3%	COM	35671D857
CI	CIGNA CORP	3,900	$627K	0.3%	$160.77 *	$190.77	-22.9%	COM	125523100
JNJ	JOHNSON & JOHNSON	3,926	$549K	0.2%	$139.84 *	$75.24	+53.6%	COM	478160104
—	PEBBLEBROOK HOTEL TR PFD SER C	21,310	$549K	0.2%	$25.76	$25.74	—	PFD	70509V407
—	JP MORGAN CHASE & CO 6.15 09-	20,700	$544K	0.2%	$26.28	$25.87	—	PFD	48127V827
RY	ROYAL BANK OF CANADA	6,931	$524K	0.2%	$75.60	$56.09	+34.7%	COM	780087102
—	ANADARKO PETROLEUM	11,120	$506K	0.2%	$45.50	$68.75	—	COM	032511107
—	QEP RESOURCES	61,800	$481K	0.2%	$7.78	$7.96	—	COM	74733V100
BSX	BOSTON SCIENTIFIC	12,200	$468K	0.2%	$38.36	$38.19	+0.5%	COM	101137107
—	AMERICAN HOMES 4 RENT G 5.875	17,300	$430K	0.2%	$24.86	$21.33	—	PFD	02665T876
—	WELLS FARGO REAL EST INVT CORP	15,000	$385K	0.2%	$25.67	$25.83	—	PFD	94988N207
—	CAI INTL INC RED PFD SER B 8.5	14,800	$372K	0.2%	$25.14	$25.14	—	PFD	12477X304
WES	WESTERN MIDSTREAM PARTNERS LP	11,819	$371K	0.2%	$31.39	$31.39	—	COM	958669103
MCD	MCDONALDS	1,850	$351K	0.1%	$189.73 *	$94.04	+72.7%	COM	580135101
BABA	ALIBABA GROUP HOLDINGS LTD	1,685	$307K	0.1%	$182.20	$148.77	+22.6%	COM	01609W102
VZ	VERIZON COMMUNICATIONS	5,070	$300K	0.1%	$59.17 *	$32.90	+23.7%	COM	92343V104
—	LIBERTY MEDIA CORP SIRIUSXM GR	7,028	$269K	0.1%	$38.28	$30.88	—	COM	531229607
—	QURATE RETAIL INC QVC GROUP CO	15,544	$248K	0.1%	$15.95	$21.23	—	COM	74915M100
EPD	ENTERPRISE PRODUCTS PARTNERS L	8,500	$247K	0.1%	$29.06	$24.59	—	COM	293792107
FTCHQ	FARFETCH LIMITED CLASS A	9,000	$242K	0.1%	$26.89	$22.41	+20.1%	COM	30744W107
DIS	WALT DISNEY COMPANY HOLDING	2,103	$233K	0.1%	$110.79 *	$96.08	+11.5%	COM	254687106
—	CAI INTL INC RED PERP PFD SER	8,900	$224K	0.1%	$25.17	$25.17	—	PFD	12477X205
—	GENERAL ELECTRIC	19,500	$195K	0.1%	$10.00	$10.00	—	COM	369604103
ULBI	ULTRALIFE BATTERIES	16,500	$169K	0.1%	$10.24	$5.04	+103.9%	COM	903899102
—	AK STEEL HLDG CORP	40,000	$110K	0.0%	$2.75	$5.17	—	COM	001547108
—	FORTRESS BIOTECH INC	32,600	$58,000	0.0%	$1.78	$1.14	—	COM	34960Q109
—	SOLENO THERAPEUTICS INC COM	27,050	$56,000	0.0%	$2.07	$2.19	—	COM	834203200
OPK	OPKO HEALTH INC COM	11,000	$29,000	0.0%	$2.64	$8.53	-69.4%	COM	68375N103
—	GRIFFIN MINING LTD	15,000	$19,000	0.0%	$1.27	$1.20	—	COM	G31920104
—	J C PENNEY INC	10,000	$15,000	0.0%	$1.50	$1.50	—	COM	708160106
BRCOQ	BEARD	13,800	$0	0.0%	$0.00	$0.00	+5.6%	COM	07384R408
—	BLACKHAWK CAP GROUP BDC	24,000	$0	0.0%	$0.00	—	—	COM	09236T103