| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX RETURN PREPARATION | 4,600 | 0 | 4,600 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| WACHOVIA CAP TRUST III VAR% PERPETUAL | 199,900 | 180,900 |
| JP MORGAN CHASE & CO SER MTN | 148,950 | 148,884 |
| HSBC USA INC. SER MTN | 198,600 | 198,800 |
| GOLDMAN SACHS GROUP INC. SER MTN | 246,840 | 251,345 |
| FHLMC CMO 2013 4153 YD 02.000% | 416,785 | 420,539 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AAR CORP | 8,705 | 7,355 |
| AARON'S INC SHS A | 9,709 | 9,335 |
| ADVISORY RESEARCH MLP & ENERGY INCOME FUND CL I | 407,091 | 313,488 |
| ALIBABA GROUP HOLDING LT | 49,162 | 83,750 |
| ALLETE INC NEW | 4,316 | 4,421 |
| ALPHABET INC SHS CL A | 39,523 | 99,867 |
| ALTRIA GROUP INC | 59,916 | 43,562 |
| AMAZON COM INC | 19,997 | 108,142 |
| AMER EXPRESS COMPANY | 13,038 | 18,969 |
| AMERICAN AXLE & MFG HLDGS | 10,691 | 7,226 |
| AMGEN INC | 15,124 | 32,315 |
| AMN HEALTHCARE SVCS INC | 6,679 | 8,159 |
| APOGEE ENTERPRISES | 9,301 | 5,075 |
| APPLE INC | 96,708 | 91,489 |
| ASGN INC | 7,321 | 5,777 |
| ATLAS AIR WORLDWIDE HLDS | 8,338 | 5,611 |
| AUTODESK INC | 21,464 | 68,806 |
| AUTOMATIC DATA PROC | 6,929 | 16,259 |
| B&G FOODS INC NEW CL A | 12,196 | 11,188 |
| BARRICK GOLD CORPORATION | 338,319 | 135,400 |
| BEACON ROOFING SUPPLY INC | 9,601 | 6,629 |
| BERKSHIRE HATHWAY INC | 30,433 | 49,207 |
| BLACKROCK INC | 45,972 | 65,208 |
| BLOOMIN BRANDS INC COMMON STOCK | 11,975 | 10,412 |
| BLUCORA INC | 8,716 | 8,338 |
| BOISE CASCADE CO DEL | 6,638 | 4,508 |
| BOYD GAMING CORP | 11,677 | 8,125 |
| BROOKS AUTOMATION INC | 8,266 | 7,252 |
| BUILDERS FIRSTSOURCE INC | 11,414 | 8,030 |
| CACI INTL INC CL A | 11,127 | 10,658 |
| CALLAWAY GOLF CO DEL COM | 9,806 | 8,415 |
| CALLON PETRO CO DEL | 12,178 | 6,750 |
| CAMBREX CORP COM | 9,116 | 6,910 |
| CAMPING WORLD HOLDINGS INC | 9,681 | 3,739 |
| CARNIVAL CORP PAIRED SHS | 76,480 | 86,620 |
| CARRIZO OIL & GAS IC | 11,051 | 5,724 |
| CERNER CORP | 34,868 | 31,779 |
| CHEMICAL FINL CORP | 12,738 | 8,896 |
| CHEVRON CORP | 36,218 | 45,365 |
| CINN FINCL CRP OHIO | 36,251 | 67,897 |
| CISCO SYSTEMS INC | 64,749 | 124,530 |
| COCA COLA | 36,403 | 38,022 |
| COCA COLA | 37,660 | 46,261 |
| COLGATE PALMOLIVE | 37,553 | 31,665 |
| COLUMBIA PPTY TR INC COM | 10,688 | 9,153 |
| CROWN CASTLE REIT INC | 57,568 | 59,529 |
| DANONE-SPONS | 43,572 | 45,183 |
| DAVE & BUSTERS ENTERTNMT INC | 10,795 | 9,313 |
| DEERE CO | 26,938 | 47,436 |
| DELEK US HOLDINGS INC | 4,547 | 3,739 |
| DIAGEO PLC SPSD ADR NEW | 54,270 | 68,206 |
| DIODES INC | 14,507 | 11,589 |
| DOMINION ENERGY INC | 21,561 | 24,082 |
| DUKE ENERGY CORP | 25,173 | 37,541 |
| DYCOM INDS INC | 13,511 | 7,683 |
| ELECTRONICS FOR IMAGING | 10,106 | 8,382 |
| EMCOR GROUP INC | 4,376 | 3,402 |
| EMERGENT BIOSOLUTIONS INC | 5,929 | 8,003 |
| ENERGIZER HOLDINGS INC | 3,037 | 2,799 |
| ENERSYS | 7,688 | 7,916 |
| ENTEGRIS INC MINNESOTA | 6,175 | 6,193 |
| ETSY INC SHS | 9,633 | 10,751 |
| EVERCORE INC CL A | 10,464 | 8,444 |
| EXPEDITORS INTL WASH INC | 29,248 | 50,319 |
| FACEBOOK INC CLASS A COMMON STOCK | 15,260 | 82,849 |
| FACTSET RESH SYS INC | 13,985 | 28,018 |
| FASTENAL COMPANY | 65,568 | 60,500 |
| FERRO CORP | 7,752 | 5,143 |
| FINISAR CORPORATION | 5,708 | 7,125 |
| FIRST MIDWST BANCORP DEL | 9,421 | 7,171 |
| FIVE BELOW INC | 6,496 | 7,469 |
| FNB CORP | 17,062 | 12,182 |
| FRANKLIN RES INC | 41,225 | 37,372 |
| FREEPORT-MCMORAN INC | 133,200 | 51,550 |
| GENL DYNAMICS CORP | 33,710 | 44,333 |
| GOLDCORP INC | 349,403 | 98,000 |
| GRANITE CONST INC DEL | 12,530 | 10,231 |
| GRAPHIC PACKAGING HLDG | 13,995 | 10,832 |
| GULFPORT ENERGY | 10,088 | 5,083 |
| HANNON ARMSTRONG SUSTAINABLE INFRASTRUCTURE | 2,022 | 1,734 |
| HASBRO INC | 12,769 | 15,600 |
| HEALTHEQUITY INC | 8,153 | 6,025 |
| HELEN OF TROY LTD | 5,998 | 7,608 |
| HILLENBRAND INC | 7,233 | 6,183 |
| HOME BANCSHARES INC | 14,088 | 9,526 |
| HORIZON PHARMA PLC | 9,761 | 12,545 |
| HOSTESS BRANDS INC | 5,599 | 5,262 |
| HUDSON PAC PPTYS INC | 16,512 | 14,007 |
| IBERIABANK CORP | 15,064 | 11,506 |
| ICU MEDICAL INC | 8,844 | 8,956 |
| IDACORP INC | 6,673 | 6,793 |
| INTEL CORP | 32,948 | 69,128 |
| IRIDIUM COMMUNICATIONS INC | 3,427 | 3,173 |
| J2 GLOBAL INC | 13,735 | 11,309 |
| JOHNSON AND JOHNSON | 72,035 | 70,332 |
| KINDER MORGAN INC | 44,339 | 28,130 |
| LCI INDUSTRIES | 7,773 | 5,344 |
| LEGACYTEXAS FINL GROUP | 6,956 | 5,423 |
| LIGAND PHARMACEUTICALS | 14,294 | 10,178 |
| LOWE'S COMPANIES INC | 20,128 | 45,903 |
| LUMINEX CORP | 6,015 | 4,784 |
| MASONITE INTERNATIONAL CORPORATION | 10,020 | 6,276 |
| MASTEC INC | 13,925 | 12,492 |
| MATADOR RES CO | 12,121 | 6,088 |
| MAXLINEAR INC CL A | 10,877 | 8,043 |
| MERCK AND CO INC | 66,410 | 101,320 |
| MERCURY SYSTEMS INC | 6,664 | 7,235 |
| MERIT MEDICAL SYS INC | 4,959 | 5,916 |
| MICROSOFT CORP | 35,401 | 107,766 |
| MONSTER BEVERAGE SHS | 20,545 | 54,634 |
| NESTLE S A REP RG | 41,114 | 38,942 |
| NETGEAR INC | 10,421 | 9,834 |
| NEWMARKET CORP | 26,519 | 41,621 |
| NEXSTAR MEDIA GROUP INC CL A | 7,852 | 9,043 |
| NORFOLK SOUTHERN CORP | 34,885 | 66,097 |
| NOVARTIS ADR | 25,369 | 31,664 |
| NOVO NORDISK A S ADR | 46,275 | 47,913 |
| NUVASIVE INC | 10,231 | 8,326 |
| ORACLE CORP $0.01 | 70,164 | 81,315 |
| ORMAT TECH INC | 9,782 | 9,048 |
| OUTFRONT MEDIA INC | 12,151 | 10,655 |
| OXFORD INDUSTRIES | 7,380 | 6,962 |
| PACCAR INC | 83,594 | 68,339 |
| PARTY CITY HOLDCO INC | 8,583 | 5,948 |
| PAYCHEX INC | 27,981 | 50,361 |
| PEBBLEBROOK HOTEL TRUST | 12,028 | 9,625 |
| PENN NATL GAMING CORP | 14,850 | 8,963 |
| PFIZER INC | 39,663 | 69,142 |
| PHILIP MORRIS INTL INC | 31,761 | 19,894 |
| PROCTER & GAMBLE CO | 41,414 | 49,729 |
| PROPETRO HLDG CORP REG | 7,696 | 5,938 |
| QUALCOMM INC | 51,629 | 47,065 |
| RADIAN GROUP INC | 12,217 | 11,092 |
| REGENERON PHARMACTCLS | 58,416 | 57,519 |
| REXNORD CORP NEW | 10,649 | 7,895 |
| SCHLUMBERGER TLD | 52,930 | 27,060 |
| SEI INVT CO PA PV $0.01 | 22,009 | 35,066 |
| SINCLAIR BRDCASTING CL A | 10,733 | 9,272 |
| STARBUCKS CORP | 47,275 | 52,486 |
| SUPERNUS PHARMACEUTICALS INC | 13,946 | 10,531 |
| SYNEOS HEALTH INC | 9,440 | 7,555 |
| TARGET CORP | 29,355 | 34,631 |
| TEXAS INSTRUMENTS | 40,264 | 39,312 |
| TIVITY HEALTH INC | 12,525 | 8,684 |
| TRI POINTE GROUP INC | 11,072 | 8,810 |
| TTM TECHNOLOGIES INC | 11,776 | 6,685 |
| UMPQUA HLDGS COR | 9,899 | 7,712 |
| UNITED COMMUNITY BANKS INC | 9,632 | 7,017 |
| UNITED PARCEL SVC CL B | 89,874 | 75,488 |
| US CONCRETE INC | 6,375 | 3,246 |
| VANDA PHARMACEUTICALS IN | 7,743 | 9,720 |
| VARIAN MEDICAL SYS INC | 16,442 | 30,254 |
| VERINT SYSTEMS INC | 13,548 | 13,116 |
| VERIZON COMMUNICATNS | 43,984 | 58,581 |
| VISA INC CL A SHRS | 31,742 | 105,288 |
| VOCERA COMMUNICATION INC | 7,811 | 8,027 |
| VONAGE HOLDINGS CORP | 14,551 | 10,589 |
| WELLS FARGO & CO NEW DEL | 72,781 | 79,027 |
| WESTERN ALLIANCE BANCORP | 13,456 | 10,070 |
| WINTRUST FINL CP ILL COM | 12,961 | 10,505 |
| WRIGHT MEDICAL GROUP NV | 10,952 | 11,215 |
| XPERI CORP | 7,591 | 5,664 |
| YAMANA GOLD INC | 45,287 | 23,600 |
| YELP INC CL A | 10,022 | 7,068 |
| YUM BRANDS INC | 19,699 | 35,205 |
| YUM CHINA HOLDINGS INC | 14,157 | 19,850 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| CALL SPXW | AT COST | 415 | 415 |
| PUT SPXW | AT COST | 12,880 | 12,880 |
| PUX SPX | AT COST | 8,160 | 8,160 |
| CALL SPX | AT COST | 6,870 | 6,870 |
| PUT SPX | AT COST | 9,000 | 9,000 |
| CALL SPXW | AT COST | 4,740 | 4,740 |
| PUT SPXW | AT COST | 8,580 | 8,580 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| CONDOMINIUM | 158,460 | 0 | 158,460 | 417,000 |
| Description | Amount |
|---|---|
| OPEN OPTIONS AT BEGINNING OF YEAR | 39,140 |
| REVERSE PRIOR YEAR ADJUSTMENT | 18,746 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 100 | 100 | 0 | |
| INSURANCE | 1,528 | 0 | 1,528 | |
| ADMINISTRATIVE EXPENSE | 808 | 79 | 729 | |
| SUPPLIES | 123 | 0 | 123 |
| Description | Amount |
|---|---|
| OTHER BOOK/TAX DIFFERENCE | 8 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OPEN OPTIONS | 0 | 176,689 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 83,612 | 83,612 | 0 | |
| PAYROLL SERVICES | 1,769 | 531 | 1,238 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| REAL ESTATE TAXES | 9,159 | 2,748 | 6,411 | |
| FOREIGN TAXES | 4,264 | 4,264 | 0 | |
| EXCISE TAXES | 1,826 | 0 | 0 |