| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CELLNEX TELECOM | 2,196,646 | 3,936,420 |
| ELEMENT FLEET MANAGEMENT CORP | 4,611,416 | 8,701,362 |
| ENERGY TRANSFER LP | 764,820 | 1,380,000 |
| HDFC BANK LTD | 549,981 | 1,006,650 |
| LIBERTY MEDIA CORP DEL COM A SIRIUSXM | 580,591 | 862,200 |
| LIBERTY MEDIA CORP DEL COM C SIRIUSXM | 1,071,834 | 1,640,460 |
| LUNDIN GOLD INC | 2,567,163 | 3,746,880 |
| NEXSTAR MEDIA GROUP CL A | 4,876,431 | 5,486,250 |
| WILLSCOTT MOBIL MINI HLDNG | 2,958,438 | 4,005,000 |
| NAC KAZATOMPROM JSR-GDR | 4,134,707 | 6,545,554 |
| APOLLO GLOBAL MGMT INC | 1,105,180 | 5,749,916 |
| BARNES & NOBLE ED INC | 1,328,807 | 800,106 |
| ECN CAPITAL CORP | 3,807,360 | 4,077,540 |
| LIGHT & WONDER INC | 2,004,304 | 11,084,850 |
| TOURMALINE OIL CORP | 7,066,018 | 6,759,000 |
| WILLSCOTT MOBIL MINI HLDNG-MS | 1,994,133 | 8,900,000 |
| ASPEN AEROGELS INC | 205,266 | 473,400 |
| CAMECO CORP COM | 5,848,609 | 8,620,000 |
| CHART INDS INC | 4,025,105 | 4,089,900 |
| DARLING INGREDIENTS INC | 696,625 | 498,400 |
| EXPEDIA GROUP INC | 2,234,595 | 3,035,800 |
| VANECK VECTORS ETF TR | 2,268,533 | 2,170,700 |
| WESCO INTL INC | 1,702,982 | 1,738,800 |
| ISHARES SILVER TRUST | 2,307,785 | 2,178,000 |
| SECURE ENERGY SERVICES INC | 5,024,710 | 5,696,560 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN OXFORD GATE LLC | AT COST | 7,804,461 | 7,804,461 |
| INVESTMENT IN ALIGHT CAPITAL | AT COST | 85,036 | 85,036 |
| INVESTMENT IN SIVA THERAPEUTICS | AT COST | 300,000 | 300,000 |
| INVESTMENT IN STRATEGOS OFFSHORE LTD | AT COST | 7,000,000 | 4,724,614 |
| INVESTMENT IN ENGINE CAPITAL | AT COST | 5,000,000 | 5,875,561 |
| INVESTMENT IN BARNAGAT | AT COST | 12,000,000 | 13,108,421 |
| INVESTMENT IN TROLUCE SPECIAL OPP | AT COST | 7,000,000 | 7,000,000 |
| Description | Amount |
|---|---|
| UNREALIZED,COST BASIS AND OTHER BOOK/TAX DIFFERENCES FROM PTSHP INVESTMENTS | 2,338,515 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OTHER OPERATING EXPENSES | 246,526 | 246,526 | 0 | |
| NYS DEPT OF LAW | 1,500 | 0 | 1,500 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ORDINARY INCOME OXFORD GATE LLC | 1,547,156 | 1,547,156 | 1,547,156 |
| ORDINARY INCOME CVR PARTNERS | -20,262 | -20,262 | -20,262 |
| CLASS ACTION KARNAK | 19,217 | 19,217 | 19,217 |
| ENGINE CAPITAL FORM 8621, LINE 6 | 136,822 | 136,822 | 136,822 |
| ROYALTY INCOME | 1,368 | 1,368 | 1,368 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 267,193 | 267,193 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NYS TAXES | 250 | 0 | 250 | |
| FOREIGN TAXES PAID THROUGH PARTNERSHIP INVESTMENTS | 85 | 85 | 0 | |
| FEDERAL TAXES | 357,597 | 0 | 0 | |
| FOREIGN TAXES PAID THROUGH BROKERAGE ACCT | 145,151 | 145,151 | 0 |