Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	AMAYA INC	397,635	$7.223M	3.5%	$27.43	—	COM	02314M108
AAPL	APPLE INC	64,334	$7.073M	3.5%	$18.06	+45.5%	COM	037833100
—	BROOKFIELD PPTY PARTNERS L P	304,233	$6.512M	3.2%	$20.84	—	UNIT LTD PARTN	G16249107
PFE	PFIZER INC	201,280	$6.322M	3.1%	$16.72	+23.2%	COM	717081103
DEO	DIAGEO P L C	54,485	$5.873M	2.9%	$114.09	—	SPON ADR NEW	25243Q205
ENB	ENBRIDGE INC	152,150	$5.629M	2.8%	$25.12	-8.4%	COM	29250N105
MSFT	MICROSOFT CORP	119,131	$5.266M	2.6%	$26.94	+44.5%	COM	594918104
JPM	JPMORGAN CHASE & CO	83,475	$5.089M	2.5%	$44.02	+12.7%	COM	46625H100
BK	BANK NEW YORK MELLON CORP	123,300	$4.827M	2.4%	$24.03	+33.2%	COM	064058100
JNJ	JOHNSON & JOHNSON	45,825	$4.278M	2.1%	$70.59	+2.7%	COM	478160104
WFC	WELLS FARGO & CO NEW	80,356	$4.126M	2.0%	$40.05	+2.6%	COM	949746101
—	OAKTREE CAP GROUP LLC	81,500	$4.034M	2.0%	$51.47	—	UNIT CL A	674001201
BRK/B	BERKSHIRE HATHAWAY INC DEL	28,082	$3.662M	1.8%	$112.34	+21.9%	CL B NEW	084670702
SPY	SPDR S&P 500 ETF TR	16,270	$3.118M	1.5%	$175.17	—	TR UNIT	78462F103
SU	SUNCOR ENERGY INC NEW	116,435	$3.103M	1.5%	$22.95	-19.2%	COM	867224107
—	LIBERTY MEDIA CORP DELAWARE	90,000	$3.101M	1.5%	$41.90	—	COM SER C	531229300
CCJ	CAMECO CORP	251,400	$3.054M	1.5%	$17.82	-31.5%	COM	13321L108
TD	TORONTO DOMINION BK ONT	77,675	$3.05M	1.5%	$41.62	-4.3%	COM NEW	891160509
BAC	BANK AMER CORP	194,333	$3.028M	1.5%	$11.47	+17.2%	COM	060505104
MCD	MCDONALDS CORP	30,300	$2.985M	1.5%	$71.96	+4.7%	COM	580135101
—	COVANTA HLDG CORP	170,000	$2.966M	1.5%	$17.45	—	COM	22282E102
—	FORTRESS INVESTMENT GROUP LL	496,000	$2.753M	1.3%	$6.93	—	CL A	34958B106
BRK/A	BERKSHIRE HATHAWAY INC DEL	14	$2.733M	1.3%	$165587.56	+24.4%	CL A	084670108
—	GENERAL ELECTRIC CO	103,263	$2.604M	1.3%	$24.45	—	COM	369604103
—	CRESCENT PT ENERGY CORP	216,499	$2.468M	1.2%	$11.40	—	COM	22576C101
—	WALGREENS BOOTS ALLIANCE INC	28,000	$2.327M	1.1%	$76.19	—	COM	931427108
RJF	RAYMOND JAMES FINANCIAL INC	45,850	$2.276M	1.1%	$25.90	+22.6%	COM	754730109
—	ENERPLUS CORP	458,591	$2.225M	1.1%	$8.51	—	COM	292766102
—	RITE AID CORP	361,200	$2.192M	1.1%	$4.59	—	COM	767754104
LBRDK	LIBERTY BROADBAND CORP	40,000	$2.047M	1.0%	$46.34	+7.9%	COM SER C	530307305
—	E M C CORP MASS	84,000	$2.029M	1.0%	$25.33	—	COM	268648102
—	SHAW COMMUNICATIONS INC	103,321	$1.993M	1.0%	$24.04	—	CL B CONV	82028K200
—	GRAN TIERRA ENERGY INC	909,500	$1.937M	0.9%	$3.10	—	COM	38500T101
MMM	3M CO	13,600	$1.928M	0.9%	$80.56	+8.6%	COM	88579Y101
TLT	ISHARES TR	15,000	$1.853M	0.9%	$123.53	—	20+ YR TR BD ETF	464287432
CVS	CVS HEALTH CORP	19,175	$1.85M	0.9%	$41.83	+86.0%	COM	126650100
PEP	PEPSICO INC	19,300	$1.82M	0.9%	$63.07	+10.2%	COM	713448108
HEI	HEICO CORP NEW	35,900	$1.755M	0.9%	$25.93	+5.1%	COM	422806109
ENR	ENERGIZER HLDGS INC NEW	45,200	$1.75M	0.9%	$28.77	0.0%	COM	29272W109
—	SPECTRUM BRANDS HLDGS INC	18,800	$1.72M	0.8%	$88.92	—	COM	84763R101
GS	GOLDMAN SACHS GROUP INC	9,856	$1.713M	0.8%	$144.84	+9.7%	COM	38141G104
BUD	ANHEUSER BUSCH INBEV SA/NV	16,000	$1.701M	0.8%	$106.31	—	SPONSORED ADR	03524A108
—	UNITED TECHNOLOGIES CORP	18,950	$1.686M	0.8%	$91.46	—	COM	913017109
BEP	BROOKFIELD RENEWABLE ENRGY P	59,000	$1.617M	0.8%	$27.41	—	PARTNERSHIP UNIT	G16258108
BIP	BROOKFIELD INFRAST PARTNERS	43,340	$1.591M	0.8%	$36.71	—	LP INT UNIT	G16252101
WMT	WAL-MART STORES INC	23,335	$1.513M	0.7%	$19.30	-2.0%	COM	931142103
CNQ	CANADIAN NAT RES LTD	76,600	$1.486M	0.7%	$7.06	0.0%	COM	136385101
—	TRANSCANADA CORP	46,517	$1.466M	0.7%	$41.11	—	COM	89353D107
—	APOLLO GLOBAL MGMT LLC	83,100	$1.428M	0.7%	$22.71	—	CL A SHS	037612306
CAE	CAE INC	130,000	$1.372M	0.7%	$10.20	+0.8%	COM	124765108
TM	TOYOTA MOTOR CORP	11,700	$1.372M	0.7%	$120.43	—	SP ADR REP2COM	892331307
CVE	CENOVUS ENERGY INC	90,180	$1.363M	0.7%	$11.67	0.0%	COM	15135U109
—	REALOGY HLDGS CORP	35,600	$1.34M	0.7%	$45.10	—	COM	75605Y106
TCX	TUCOWS INC	56,127	$1.299M	0.6%	$13.22	+96.9%	COM NEW	898697206
—	VCA INC	24,600	$1.295M	0.6%	$52.46	—	COM	918194101
—	CONCORDIA HEALTHCARE CORP	30,000	$1.275M	0.6%	$72.35	—	COM	206519100
—	OCH ZIFF CAP MGMT GROUP	144,100	$1.258M	0.6%	$11.52	—	CL A	67551U105
EPC	EDGEWELL PERS CARE CO	15,200	$1.24M	0.6%	$82.42	0.0%	COM	28035Q102
SLB	SCHLUMBERGER LTD	17,910	$1.235M	0.6%	$63.44	-7.1%	COM	806857108
INTC	INTEL CORP	40,700	$1.226M	0.6%	$17.37	+30.3%	COM	458140100
TEVA	TEVA PHARMACEUTICAL INDS LTD	20,700	$1.169M	0.6%	$39.19	—	ADR	881624209
—	GOOGLE INC	1,790	$1.141M	0.6%	$878.93	—	CL A	38259P508
GIS	GENERAL MLS INC	20,000	$1.123M	0.5%	$39.98	0.0%	COM	370334104
CHDN	CHURCHILL DOWNS INC	8,300	$1.111M	0.5%	$14.04	+49.7%	COM	171484108
—	RAYTHEON CO	10,000	$1.093M	0.5%	$109.30	—	COM NEW	755111507
—	GOOGLE INC	1,794	$1.092M	0.5%	$574.53	—	CL C	38259P706
XLK	SELECT SECTOR SPDR TR	27,350	$1.08M	0.5%	$38.49	—	TECHNOLOGY	81369Y803
XLF	SELECT SECTOR SPDR TR	46,100	$1.045M	0.5%	$22.77	—	SBI INT-FINL	81369Y605
MTLS	MATERIALISE NV	135,000	$1.038M	0.5%	$7.85	—	SPONSORED ADS	57667T100
—	SIX FLAGS ENTMT CORP NEW	22,600	$1.035M	0.5%	$48.40	—	COM	83001A102
C	CITIGROUP INC	19,920	$988K	0.5%	$36.68	+11.1%	COM NEW	172967424
SCI	SERVICE CORP INTL	35,500	$962K	0.5%	$22.05	+34.0%	COM	817565104
DIN	DINEEQUITY INC	10,300	$944K	0.5%	$53.92	+15.3%	COM	254423106
—	PROSHARES TR	20,000	$868K	0.4%	$43.40	—	ULTSHT RUSS2000	74348A319
BNS	BANK N S HALIFAX	19,629	$862K	0.4%	$32.24	-14.1%	COM	064149107
UNP	UNION PAC CORP	8,920	$789K	0.4%	$78.66	-8.3%	COM	907818108
F	FORD MTR CO DEL	57,400	$779K	0.4%	$7.81	+4.3%	COM PAR $0.01	345370860
RY	ROYAL BK CDA MONTREAL QUE	13,873	$764K	0.4%	$62.14	-8.4%	COM	780087102
—	PROSHARES TR	20,000	$741K	0.4%	$37.05	—	ULTSHRT QQQ	74348A426
HAL	HALLIBURTON CO	20,900	$739K	0.4%	$37.99	-15.3%	COM	406216101
—	CIGNA CORPORATION	5,000	$675K	0.3%	$135.00	—	COM	125509109
—	PROGRESSIVE WASTE SOLUTIONS	25,500	$672K	0.3%	$26.35	—	COM	74339G101
CVX	CHEVRON CORP NEW	8,475	$669K	0.3%	$68.62	-21.5%	COM	166764100
AMAT	APPLIED MATLS INC	45,000	$661K	0.3%	$15.11	-2.4%	COM	038222105
VGK	VANGUARD INTL EQUITY INDEX F	12,960	$637K	0.3%	$57.38	—	FTSE EUROPE ETF	922042874
INTU	INTUIT	6,500	$576K	0.3%	$59.63	+50.0%	COM	461202103
—	ROYAL DUTCH SHELL PLC	11,805	$559K	0.3%	$66.95	—	SPONS ADR A	780259206
—	PERFORMANCE SPORTS GROUP LTD	41,500	$554K	0.3%	$19.49	—	COM	71377G100
TBF	PROSHARES TR	22,570	$553K	0.3%	$31.37	—	SHRT 20+YR TRE	74347X849
UPS	UNITED PARCEL SERVICE INC	5,400	$533K	0.3%	$67.72	+0.1%	CL B	911312106
—	PROSHARES TR	22,500	$524K	0.3%	$23.29	—	PSHS ULSHT SP500	74347B300
XOM	EXXON MOBIL CORP	6,950	$517K	0.3%	$51.94	-5.5%	COM	30231G102
KHC	KRAFT HEINZ CO	7,099	$501K	0.2%	$47.82	0.0%	COM	500754106
NVDA	NVIDIA CORP	20,000	$493K	0.2%	$0.52	0.0%	COM	67066G104
—	BANK AMER CORP	85,000	$487K	0.2%	$5.73	—	*W EXP 01/16/201	060505146
BCE	BCE INC	11,895	$485K	0.2%	$21.45	+4.0%	COM NEW	05534B760
KN	KNOWLES CORP	26,000	$479K	0.2%	$19.39	-11.8%	COM	49926D109
—	BROADCOM CORP	9,000	$463K	0.2%	$44.15	—	CL A	111320107
XLE	SELECT SECTOR SPDR TR	7,300	$447K	0.2%	$78.98	—	SBI INT-ENERGY	81369Y506
AKAM	AKAMAI TECHNOLOGIES INC	6,300	$435K	0.2%	$73.55	-1.9%	COM	00971T101
ATI	ALLEGHENY TECHNOLOGIES INC	30,000	$425K	0.2%	$27.72	-27.4%	COM	01741R102
BTE	BAYTEX ENERGY CORP	133,340	$425K	0.2%	$17.53	-58.9%	COM	07317Q105
MTB	M & T BK CORP	3,400	$415K	0.2%	$89.90	+3.8%	COM	55261F104
GM	GENERAL MTRS CO	13,000	$390K	0.2%	$26.62	-9.2%	COM	37045V100
FDX	FEDEX CORP	2,700	$389K	0.2%	$136.29	0.0%	COM	31428X106
—	REGAL ENTMT GROUP	20,000	$374K	0.2%	$18.70	—	CL A	758766109
BMO	BANK MONTREAL QUE	6,862	$373K	0.2%	$39.43	-8.5%	COM	063671101
TER	TERADYNE INC	20,000	$360K	0.2%	$17.24	0.0%	COM	880770102
—	ACXIOM CORP	18,000	$356K	0.2%	$19.81	—	COM	005125109
ADP	AUTOMATIC DATA PROCESSING IN	4,400	$353K	0.2%	$45.09	+41.7%	COM	053015103
—	HERTZ GLOBAL HOLDINGS INC	20,900	$350K	0.2%	$24.03	—	COM	42805T105
RCI	ROGERS COMMUNICATIONS INC	9,468	$325K	0.2%	$45.24	-23.9%	CL B	775109200
CM	CDN IMPERIAL BK COMM TORONTO	4,485	$321K	0.2%	$22.65	-4.6%	COM	136069101
SF	STIFEL FINL CORP	7,500	$316K	0.2%	$25.68	+17.1%	COM	860630102
HBAN	HUNTINGTON BANCSHARES INC	29,500	$313K	0.2%	$6.14	+19.2%	COM	446150104
—	BLACKROCK INC	1,050	$312K	0.2%	$328.57	—	COM	09247X101
—	STERICYCLE INC	2,200	$306K	0.1%	$138.58	—	COM	858912108
MDLZ	MONDELEZ INTL INC	7,200	$301K	0.1%	$23.16	+47.0%	CL A	609207105
MA	MASTERCARD INC	3,305	$298K	0.1%	$81.90	+7.8%	CL A	57636Q104
—	XILINX INC	7,000	$297K	0.1%	$42.29	—	COM	983919101
—	LINKEDIN CORP	1,500	$285K	0.1%	$206.67	—	COM CL A	53578A108
IBM	INTERNATIONAL BUSINESS MACHS	1,948	$282K	0.1%	$117.89	-19.1%	COM	459200101
RITM	NEW RESIDENTIAL INVT CORP	21,250	$278K	0.1%	$12.77	—	COM NEW	64828T201
ABBV	ABBVIE INC	5,000	$272K	0.1%	$26.55	+60.2%	COM	00287Y109
YUM	YUM BRANDS INC	3,400	$272K	0.1%	$42.23	+18.1%	COM	988498101
—	POTASH CORP SASK INC	12,050	$247K	0.1%	$37.37	—	COM	73755L107
MGA	MAGNA INTL INC	4,840	$231K	0.1%	$29.35	+30.2%	COM	559222401
META	FACEBOOK INC	2,500	$224K	0.1%	$77.80	+17.1%	CL A	30303M102
—	HALYARD HEALTH INC	7,281	$207K	0.1%	$46.89	—	COM	40650V100
PBA	PEMBINA PIPELINE CORP	8,510	$204K	0.1%	$16.73	-3.4%	COM	706327103
ABT	ABBOTT LABS	5,000	$201K	0.1%	$29.23	+32.7%	COM	002824100
VRTS	VIRTUS INVT PARTNERS INC	2,000	$201K	0.1%	$97.53	-11.4%	COM	92828Q109
—	PRECISION DRILLING CORP	49,050	$181K	0.1%	$6.34	—	COM 2010	74022D308
—	CARLYLE GROUP L P	10,000	$168K	0.1%	$27.10	—	COM UTS LTD PTN	14309L102
—	NATIONSTAR MTG HLDGS INC	10,000	$139K	0.1%	$24.80	—	COM	63861C109
FULT	FULTON FINL CORP PA	10,000	$121K	0.1%	$7.63	+11.7%	COM	360271100
—	POZEN INC	20,000	$117K	0.1%	$5.85	—	COM	73941U102
—	ZYNGA INC	40,000	$91,000	0.0%	$2.85	—	CL A	98986T108
—	SEMICONDUCTOR MFG INTL CORP	20,000	$90,000	0.0%	$4.50	—	SPONSORED ADR	81663N206
—	NORTH AMERN ENERGY PARTNERS	30,300	$65,000	0.0%	$5.45	—	COM	656844107
MEIL	METHES ENERGIES INTL LTD	48,657	$20,000	0.0%	$1.62	-75.9%	COM	591517107
URG	UR ENERGY INC	25,000	$14,000	0.0%	$0.96	-32.4%	COM	91688R108
—	PENGROWTH ENERGY CORP	11,649	$10,000	0.0%	$5.07	—	COM	70706P104