Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE INC	75,374	$9.379M	2.7%	$18.06	+48.6%	COM	037833100
RJF	RAYMOND JAMES FINANCIAL INC	160,750	$9.127M	2.7%	$25.90	+22.8%	COM	754730109
—	BROOKFIELD PPTY PARTNERS L P	362,900	$8.83M	2.6%	$20.84	—	UNIT LTD PARTN	G16249107
PFE	PFIZER INC	248,606	$8.649M	2.5%	$16.72	+20.2%	COM	717081103
—	GLAXOSMITHKLINE PLC	186,300	$8.598M	2.5%	$44.89	—	SPONSORED ADR	37733W105
SU	SUNCOR ENERGY INC NEW	287,710	$8.396M	2.4%	$22.95	-11.8%	COM	867224107
BK	BANK NEW YORK MELLON CORP	185,150	$7.45M	2.2%	$24.03	+23.8%	COM	064058100
VZ	VERIZON COMMUNICATIONS INC	149,600	$7.275M	2.1%	$27.01	+2.3%	COM	92343V104
CCJ	CAMECO CORP	521,900	$7.263M	2.1%	$17.82	-25.1%	COM	13321L108
—	HALYARD HEALTH INC	144,181	$7.094M	2.1%	$46.89	—	COM	40650V100
—	COVANTA HLDG CORP	291,900	$6.547M	1.9%	$20.75	—	COM	22282E102
ENB	ENBRIDGE INC	134,041	$6.452M	1.9%	$25.47	+2.5%	COM	29250N105
DEO	DIAGEO P L C	54,215	$5.995M	1.7%	$114.09	—	SPON ADR NEW	25243Q205
—	FORTRESS INVESTMENT GROUP LL	706,000	$5.697M	1.7%	$6.89	—	CL A	34958B106
KO	COCA COLA CO	137,300	$5.568M	1.6%	$28.51	+3.9%	COM	191216100
AMAT	APPLIED MATLS INC	237,900	$5.367M	1.6%	$15.11	+38.5%	COM	038222105
BTE	BAYTEX ENERGY CORP	333,955	$5.274M	1.5%	$17.53	-17.1%	COM	07317Q105
—	LAZARD LTD	100,000	$5.259M	1.5%	$32.15	—	SHS A	G54050102
MSFT	MICROSOFT CORP	129,131	$5.25M	1.5%	$26.94	+38.3%	COM	594918104
—	SHAW COMMUNICATIONS INC	233,701	$5.237M	1.5%	$24.04	—	CL B CONV	82028K200
MGA	MAGNA INTL INC	94,669	$5.054M	1.5%	$29.35	+28.4%	COM	559222401
—	RITE AID CORP	576,200	$5.007M	1.5%	$4.44	—	COM	767754104
MCD	MCDONALDS CORP	49,890	$4.861M	1.4%	$71.75	+0.6%	COM	580135101
BAC	BANK AMER CORP	257,540	$3.964M	1.2%	$11.07	+15.3%	COM	060505104
—	GENERAL ELECTRIC CO	157,063	$3.897M	1.1%	$24.27	—	COM	369604103
—	REALOGY HLDGS CORP	85,600	$3.893M	1.1%	$45.10	—	COM	75605Y106
—	OCH ZIFF CAP MGMT GROUP	299,950	$3.791M	1.1%	$11.52	—	CL A	67551U105
BRK/B	BERKSHIRE HATHAWAY INC DEL	26,082	$3.764M	1.1%	$110.02	+33.7%	CL B NEW	084670702
—	TRANSCANADA CORP	86,922	$3.712M	1.1%	$43.87	—	COM	89353D107
JNJ	JOHNSON & JOHNSON	35,725	$3.594M	1.0%	$68.27	+10.0%	COM	478160104
OPLN	KAR AUCTION SVCS INC	90,600	$3.436M	1.0%	$8.49	+59.4%	COM	48238T109
—	OAKTREE CAP GROUP LLC	65,600	$3.389M	1.0%	$52.11	—	UNIT CL A	674001201
BRK/A	BERKSHIRE HATHAWAY INC DEL	15	$3.263M	1.0%	$165587.56	+33.5%	CL A	084670108
—	LIBERTY MEDIA CORP DELAWARE	85,000	$3.247M	0.9%	$42.34	—	COM SER C	531229300
MRK	MERCK & CO INC NEW	55,050	$3.164M	0.9%	$30.02	+34.3%	COM	58933Y105
LBRDK	LIBERTY BROADBAND CORP	55,000	$3.113M	0.9%	$46.34	+2.3%	COM SER C	530307305
—	ENERPLUS CORP	300,515	$3.042M	0.9%	$9.77	—	COM	292766102
SPY	SPDR S&P 500 ETF TR	14,270	$2.946M	0.9%	$172.87	—	TR UNIT	78462F103
—	APOLLO GLOBAL MGMT LLC	132,750	$2.867M	0.8%	$22.71	—	CL A SHS	037612306
ATI	ALLEGHENY TECHNOLOGIES INC	95,000	$2.851M	0.8%	$27.72	+7.5%	COM	01741R102
INTU	INTUIT	29,400	$2.851M	0.8%	$59.63	+42.8%	COM	461202103
C	CITIGROUP INC	53,327	$2.747M	0.8%	$36.56	+3.8%	COM NEW	172967424
—	SPECTRUM BRANDS HLDGS INC	30,300	$2.714M	0.8%	$84.39	—	COM	84763R101
SCI	SERVICE CORP INTL	100,500	$2.618M	0.8%	$22.05	+10.3%	COM	817565104
PSX	PHILLIPS 66	33,000	$2.594M	0.8%	$49.25	0.0%	COM	718546104
HEI	HEICO CORP NEW	40,900	$2.498M	0.7%	$25.93	+18.9%	COM	422806109
—	WALGREENS BOOTS ALLIANCE INC	28,550	$2.418M	0.7%	$76.19	—	COM	931427108
WMT	WAL-MART STORES INC	28,535	$2.347M	0.7%	$19.98	+15.3%	COM	931142103
JPM	JPMORGAN CHASE & CO	38,407	$2.327M	0.7%	$37.47	+18.2%	COM	46625H100
—	ZYNGA INC	805,000	$2.294M	0.7%	$2.85	—	CL A	98986T108
HZO	MARINEMAX INC	80,900	$2.145M	0.6%	$16.52	+47.9%	COM	567908108
MFC	MANULIFE FINL CORP	125,078	$2.121M	0.6%	$19.11	-9.9%	COM	56501R106
CVS	CVS HEALTH CORP	20,175	$2.082M	0.6%	$41.83	+77.5%	COM	126650100
—	SIX FLAGS ENTMT CORP NEW	42,600	$2.062M	0.6%	$48.40	—	COM	83001A102
—	PERFORMANCE SPORTS GROUP LTD	101,500	$1.978M	0.6%	$19.49	—	COM	71377G100
CVX	CHEVRON CORP NEW	18,125	$1.903M	0.6%	$68.62	-2.5%	COM	166764100
—	ARCTIC CAT INC	50,700	$1.841M	0.5%	$36.31	—	COM	039670104
META	FACEBOOK INC	21,500	$1.768M	0.5%	$77.80	0.0%	CL A	30303M102
CAE	CAE INC	150,000	$1.748M	0.5%	$10.20	+10.6%	COM	124765108
TD	TORONTO DOMINION BK ONT	40,804	$1.744M	0.5%	$43.26	-0.7%	COM NEW	891160509
MS	MORGAN STANLEY	47,700	$1.702M	0.5%	$24.18	+10.3%	COM NEW	617446448
—	GRAN TIERRA ENERGY INC	618,500	$1.689M	0.5%	$3.45	—	COM	38500T101
CSCO	CISCO SYS INC	60,200	$1.657M	0.5%	$17.43	+15.3%	COM	17275R102
DIN	DINEEQUITY INC	15,300	$1.637M	0.5%	$51.00	+31.3%	COM	254423106
TM	TOYOTA MOTOR CORP	11,700	$1.637M	0.5%	$120.43	—	SP ADR REP2COM	892331307
—	CARMIKE CINEMAS INC	48,600	$1.633M	0.5%	$19.75	—	COM	143436400
CHDN	CHURCHILL DOWNS INC	13,880	$1.596M	0.5%	$14.04	+15.8%	COM	171484108
—	ENERGIZER HLDGS INC	11,500	$1.588M	0.5%	$138.09	—	COM	29266R108
—	AAC HLDGS INC	51,000	$1.56M	0.5%	$30.59	—	COM	000307108
CNQ	CANADIAN NAT RES LTD	50,600	$1.549M	0.5%	$9.85	-8.0%	COM	136385101
RITM	NEW RESIDENTIAL INVT CORP	102,650	$1.543M	0.5%	$12.77	—	COM NEW	64828T201
—	E M C CORP MASS	57,400	$1.467M	0.4%	$25.88	—	COM	268648102
SGI	TEMPUR SEALY INTL INC	25,300	$1.461M	0.4%	$13.34	+3.8%	COM	88023U101
CSV	CARRIAGE SVCS INC	61,000	$1.456M	0.4%	$16.30	+21.9%	COM	143905107
—	ARISTA NETWORKS INC	20,000	$1.411M	0.4%	$70.55	—	COM	040413106
—	GOOGLE INC	2,565	$1.406M	0.4%	$574.53	—	CL C	38259P706
INTC	INTEL CORP	44,880	$1.403M	0.4%	$17.37	+49.7%	COM	458140100
—	VCA INC	25,600	$1.403M	0.4%	$52.46	—	COM	918194101
—	HERTZ GLOBAL HOLDINGS INC	64,000	$1.388M	0.4%	$24.03	—	COM	42805T105
TEVA	TEVA PHARMACEUTICAL INDS LTD	20,900	$1.302M	0.4%	$39.19	—	ADR	881624209
NXPI	NXP SEMICONDUCTORS N V	12,000	$1.204M	0.4%	$78.27	0.0%	COM	N6596X109
—	TWITTER INC	24,000	$1.202M	0.4%	$50.08	—	COM	90184L102
GS	GOLDMAN SACHS GROUP INC	6,395	$1.202M	0.4%	$136.54	+9.7%	COM	38141G104
—	PROGRESSIVE WASTE SOLUTIONS	40,500	$1.187M	0.3%	$26.81	—	COM	74339G101
—	ADVANTAGE OIL & GAS LTD	216,330	$1.163M	0.3%	$4.29	—	COM	00765F101
XLK	SELECT SECTOR SPDR TR	27,350	$1.133M	0.3%	$38.49	—	TECHNOLOGY	81369Y803
XLF	SELECT SECTOR SPDR TR	46,100	$1.111M	0.3%	$22.77	—	SBI INT-FINL	81369Y605
TXN	TEXAS INSTRS INC	19,000	$1.087M	0.3%	$41.73	0.0%	COM	882508104
TCX	TUCOWS INC	56,127	$1.066M	0.3%	$13.22	+41.4%	COM NEW	898697206
—	GOOGLE INC	1,840	$1.021M	0.3%	$878.93	—	CL A	38259P508
—	UNITED TECHNOLOGIES CORP	8,650	$1.014M	0.3%	$94.92	—	COM	913017109
F	FORD MTR CO DEL	61,800	$997K	0.3%	$7.78	+13.4%	COM PAR $0.01	345370860
A	AGILENT TECHNOLOGIES INC	24,000	$997K	0.3%	$32.86	+12.7%	COM	00846U101
WAB	WABTEC CORP	10,300	$979K	0.3%	$84.86	0.0%	COM	929740108
—	BAKER HUGHES INC	15,000	$954K	0.3%	$63.60	—	COM	057224107
—	NORTH AMERN ENERGY PARTNERS	328,800	$949K	0.3%	$5.45	—	COM	656844107
—	PRECISION DRILLING CORP	146,750	$930K	0.3%	$6.34	—	COM 2010	74022D308
—	DENBURY RES INC	127,000	$926K	0.3%	$7.29	—	COM NEW	247916208
BNS	BANK N S HALIFAX	18,315	$918K	0.3%	$32.50	-8.7%	COM	064149107
PEP	PEPSICO INC	9,405	$899K	0.3%	$56.14	+24.2%	COM	713448108
—	CIT GROUP INC	19,350	$873K	0.3%	$49.35	—	COM NEW	125581801
RY	ROYAL BK CDA MONTREAL QUE	13,797	$829K	0.2%	$62.22	-1.2%	COM	780087102
ALB	ALBEMARLE CORP	15,000	$793K	0.2%	$46.58	0.0%	COM	012653101
—	OFFICE DEPOT INC	85,300	$785K	0.2%	$9.20	—	COM	676220106
ZION	ZIONS BANCORPORATION	28,000	$756K	0.2%	$29.03	-9.8%	COM	989701107
HBAN	HUNTINGTON BANCSHARES INC	68,250	$754K	0.2%	$6.14	+11.6%	COM	446150104
MO	ALTRIA GROUP INC	15,000	$750K	0.2%	$17.12	+53.0%	COM	02209S103
MBI	MBIA INC	80,500	$749K	0.2%	$5.06	-23.2%	COM	55262C100
—	STERIS CORP	10,500	$738K	0.2%	$70.29	—	COM	859152100
MBUU	MALIBU BOATS INC	31,500	$736K	0.2%	$20.78	0.0%	COM CL A	56117J100
—	STERICYCLE INC	5,200	$730K	0.2%	$140.38	—	COM	858912108
STT	STATE STR CORP	9,900	$728K	0.2%	$53.85	+2.5%	COM	857477103
—	SELECT COMFORT CORP	20,500	$707K	0.2%	$22.32	—	COM	81616X103
—	ROYAL DUTCH SHELL PLC	11,805	$704K	0.2%	$66.95	—	SPONS ADR A	780259206
VGK	VANGUARD INTL EQUITY INDEX F	12,960	$703K	0.2%	$57.38	—	FTSE EUROPE ETF	922042874
AXP	AMERICAN EXPRESS CO	8,900	$695K	0.2%	$71.02	0.0%	COM	025816109
HP	HELMERICH & PAYNE INC	10,000	$681K	0.2%	$65.43	0.0%	COM	423452101
PLAY	DAVE & BUSTERS ENTMT INC	21,000	$640K	0.2%	$29.90	0.0%	COM	238337109
—	MERUS LABS INTL INC NEW	300,000	$632K	0.2%	$2.11	—	COM	59047R101
WYNN	WYNN RESORTS LTD	5,000	$629K	0.2%	$123.06	0.0%	COM	983134107
—	WABCO HLDGS INC	5,050	$621K	0.2%	$104.71	—	COM	92927K102
—	KRAFT FOODS GROUP INC	7,099	$619K	0.2%	$55.92	—	COM	50076Q106
MMM	3M CO	3,600	$594K	0.2%	$61.26	+58.1%	COM	88579Y101
MTB	M & T BK CORP	4,500	$572K	0.2%	$89.90	-0.7%	COM	55261F104
IBM	INTERNATIONAL BUSINESS MACHS	3,543	$569K	0.2%	$117.89	-18.2%	COM	459200101
XLE	SELECT SECTOR SPDR TR	7,300	$566K	0.2%	$78.98	—	SBI INT-ENERGY	81369Y506
—	POTASH CORP SASK INC	17,400	$560K	0.2%	$37.72	—	COM	73755L107
MTLS	MATERIALISE NV	80,000	$559K	0.2%	$6.99	—	SPONSORED ADS	57667T100
TBF	PROSHARES TR	22,570	$541K	0.2%	$31.37	—	SHRT 20+YR TRE	74347X849
PG	PROCTER & GAMBLE CO	6,400	$524K	0.2%	$55.88	+13.8%	COM	742718109
ETN	EATON CORP PLC	7,600	$516K	0.2%	$54.13	-2.9%	SHS	G29183103
BCE	BCE INC	11,279	$477K	0.1%	$21.39	+10.6%	COM NEW	05534B760
CRM	SALESFORCE COM INC	7,000	$468K	0.1%	$56.39	+8.7%	COM	79466L302
—	WADDELL & REED FINL INC	9,300	$461K	0.1%	$49.57	—	CL A	930059100
—	SOTHEBYS	10,800	$456K	0.1%	$43.13	—	COM	835898107
GM	GENERAL MTRS CO	11,800	$443K	0.1%	$26.34	+6.9%	COM	37045V100
YUM	YUM BRANDS INC	5,500	$433K	0.1%	$42.23	+5.4%	COM	988498101
SF	STIFEL FINL CORP	7,500	$418K	0.1%	$25.68	+19.4%	COM	860630102
T	AT&T INC	12,700	$415K	0.1%	$10.93	+7.9%	COM	00206R102
BMO	BANK MONTREAL QUE	6,886	$412K	0.1%	$39.49	+1.0%	COM	063671101
EMR	EMERSON ELEC CO	7,200	$408K	0.1%	$41.00	+5.9%	COM	291011104
EVR	EVERCORE PARTNERS INC	7,500	$387K	0.1%	$36.56	+9.5%	CLASS A	29977A105
—	BLACKROCK INC	1,050	$384K	0.1%	$328.57	—	COM	09247X101
ADP	AUTOMATIC DATA PROCESSING IN	4,400	$377K	0.1%	$45.09	+50.6%	COM	053015103
POOL	POOL CORPORATION	5,200	$363K	0.1%	$52.16	+12.7%	COM	73278L105
WFC	WELLS FARGO & CO NEW	6,650	$362K	0.1%	$28.67	+39.0%	COM	949746101
HAL	HALLIBURTON CO	7,700	$338K	0.1%	$39.28	-13.9%	COM	406216101
XOM	EXXON MOBIL CORP	3,950	$336K	0.1%	$54.11	+2.7%	COM	30231G102
—	ACXIOM CORP	18,000	$333K	0.1%	$19.81	—	COM	005125109
ABBV	ABBVIE INC	5,630	$330K	0.1%	$26.55	+46.3%	COM	00287Y109
KMB	KIMBERLY CLARK CORP	3,058	$328K	0.1%	$63.06	+21.0%	COM	494368103
—	DREW INDS INC	5,300	$326K	0.1%	$53.58	—	COM NEW	26168L205
RCI	ROGERS COMMUNICATIONS INC	9,262	$310K	0.1%	$45.77	-21.2%	CL B	775109200
CM	CDN IMPERIAL BK COMM TORONTO	4,260	$308K	0.1%	$22.71	-1.4%	COM	136069101
NUE	NUCOR CORP	6,365	$303K	0.1%	$32.41	+10.9%	COM	670346105
SLB	SCHLUMBERGER LTD	3,580	$299K	0.1%	$67.34	-8.9%	COM	806857108
—	XILINX INC	7,000	$296K	0.1%	$42.29	—	COM	983919101
—	BLACKSTONE GROUP L P	7,500	$292K	0.1%	$23.65	—	COM UNIT LTD	09253U108
THO	THOR INDS INC	4,300	$272K	0.1%	$43.63	+10.0%	COM	885160101
—	CARLYLE GROUP L P	10,000	$271K	0.1%	$27.10	—	COM UTS LTD PTN	14309L102
ABT	ABBOTT LABS	5,630	$261K	0.1%	$29.23	+28.0%	COM	002824100
VYX	NCR CORP NEW	8,800	$260K	0.1%	$17.57	-1.0%	COM	62886E108
MDLZ	MONDELEZ INTL INC	7,200	$260K	0.1%	$23.16	+22.3%	CL A	609207105
—	BROADCOM CORP	6,000	$260K	0.1%	$40.50	—	CL A	111320107
PBA	PEMBINA PIPELINE CORP	8,210	$259K	0.1%	$16.75	+8.1%	COM	706327103
MA	MASTERCARD INC	3,000	$259K	0.1%	$81.25	0.0%	CL A	57636Q104
—	NATIONSTAR MTG HLDGS INC	10,000	$248K	0.1%	$24.80	—	COM	63861C109
QLYS	QUALYS INC	5,000	$232K	0.1%	$42.80	0.0%	COM	74758T303
—	KKR & CO L P DEL	10,000	$228K	0.1%	$19.85	—	COM UNITS	48248M102
—	GROUPON INC	30,000	$216K	0.1%	$7.20	—	COM CL A	399473107
—	COMSCORE INC	4,000	$205K	0.1%	$51.25	—	COM	20564W105
TAC	TRANSALTA CORP	18,500	$171K	0.0%	$9.48	-4.2%	COM	89346D107
—	BANK AMER CORP	25,000	$147K	0.0%	$5.88	—	*W EXP 01/16/201	060505146
BCS	BARCLAYS PLC	10,000	$146K	0.0%	$15.00	—	ADR	06738E204
FULT	FULTON FINL CORP PA	10,000	$123K	0.0%	$7.63	+4.7%	COM	360271100
—	BAZAARVOICE INC	20,000	$113K	0.0%	$7.90	—	COM	073271108
—	SEMICONDUCTOR MFG INTL CORP	20,000	$95,000	0.0%	$4.50	—	SPONSORED ADR	81663N206
MEIL	METHES ENERGIES INTL LTD	48,657	$40,000	0.0%	$1.62	-21.0%	COM	591517107
—	PENGROWTH ENERGY CORP	11,200	$34,000	0.0%	$5.24	—	COM	70706P104
URG	UR ENERGY INC	25,000	$24,000	0.0%	$0.96	-6.7%	COM	91688R108