JBF Capital 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
ALPHABET INC. CMN CLASS C	COM	02079K107	4,631	6,000	SH		SOLE		6,000	0	0
AMAZON.COM INC CMN	COM	023135106	14,997	20,000	SH		SOLE		20,000	0	0
AMERICAN SHARED HOSP SVCS CMN	COM	029595105	251	75,058	SH		SOLE		75,058	0	0
APPLIED MATERIALS INC CMN	COM	038222105	6,429	199,230	SH		SOLE		199,230	0	0
BANK OF AMERICA CORP CMN	COM	060505104	3,315	150,000	SH		SOLE		150,000	0	0
BERKSHIRE HATHAWAY INC CL-A (DEL) CLASS A	COM	084670108	13,427	55	SH		SOLE		55	0	0
BERKSHIRE HATHAWAY INC. CLASS B	COM	084670702	145	890	SH		SOLE		890	0	0
BOULDER GROWTH & INCOME FD INC MUTUAL FUND	COM	101507101	645	72,106	SH		SOLE		72,106	0	0
CSW INDUSTRIALS, INC. CMN	COM	126402106	276	7,477	SH		SOLE		7,477	0	0
CU BANCORP CMN	COM	126534106	265	7,397	SH		SOLE		7,397	0	0
CAPITOL ACQUISITION CORP III UNIT	OTHER	14055M205	965	93,700	SH		SOLE		93,700	0	0
CAPSTEAD MORTGAGE CORPORATION CMN	COM	14067E506	204	20,000	SH		SOLE		20,000	0	0
CITY OFFICE REIT, INC. CMN	COM	178587101	245	18,600	SH		SOLE		18,600	0	0
DIAMOND HILL INVESTMENT GROUP CMN	COM	25264R207	210	1,000	SH		SOLE		1,000	0	0
DIGIRAD CORPORATION CMN	COM	253827109	150	30,000	SH		SOLE		30,000	0	0
DOVER DOWNS GAMING & ENTMT INC CMN	COM	260095104	17	16,157	SH		SOLE		16,157	0	0
ELLINGTON RESIDENTIAL MORT REIT CMN	COM	288578107	1,122	86,225	SH		SOLE		86,225	0	0
ENVIROSTAR INC CMN	COM	29414M100	882	60,845	SH		SOLE		60,845	0	0
FIRST CMNTY CORP S C CMN	COM	319835104	348	19,301	SH		SOLE		19,301	0	0
FORTRESS INVESTMENT GROUP LLC CMN CLASS A	COM	34958B106	7,733	1,591,132	SH		SOLE		1,591,132	0	0
FORTIVE CORPORATION CMN	COM	34959J108	268	5,000	SH		SOLE		5,000	0	0
GAMING AND LEISURE PROP, INC. CMN	COM	36467J108	271	8,840	SH		SOLE		8,840	0	0
GOLUB CAPITAL BDC LLC MUTUAL FUND	COM	38173M102	1,481	80,527	SH		SOLE		80,527	0	0
GREAT AJAX CORP CMN	COM	38983D300	332	25,000	SH		SOLE		25,000	0	0
GREAT ELM CAPITAL GROUP, INC. CMN CLASS	COM	39036P209	62	16,666	SH		SOLE		16,666	0	0
ISHARES MSCI IRELAND CAPPED ETF	ETF	46429B507	728	19,411	SH		SOLE		19,411	0	0
JPMORGAN CHASE & CO CMN	COM	46625H100	3,452	40,000	SH		SOLE		40,000	0	0
JMP GROUP LLC. CMN	COM	46629U107	210	34,174	SH		SOLE		34,174	0	0
LANDMARK BANCORP INC CMN	COM	51504L107	309	11,025	SH		SOLE		11,025	0	0
MGIC INVESTMENT CORP COMMON STOCK	COM	552848103	4,476	439,300	SH		SOLE		439,300	0	0
MARLIN BUSINESS SERVICES, INC. CMN	COM	571157106	447	21,400	SH		SOLE		21,400	0	0
MICROSOFT CORPORATION CMN	COM	594918104	12,428	200,000	SH		SOLE		200,000	0	0
MODUSLINK GLOBAL SOLUTIONS, INC CMN	COM	60786L206	15	10,000	SH		SOLE		10,000	0	0
NEW IRELAND FUND INC MUTUAL FUND	COM	645673104	540	45,075	SH		SOLE		45,075	0	0
NICHOLAS FINANCIAL, INC. CMN	COM	65373J209	3,481	292,733	SH		SOLE		292,733	0	0
OCH-ZIFF CAPITAL MGMT, L.L.C. CMN CLASS A	COM	67551U105	106	32,000	SH		SOLE		32,000	0	0
PINNACLE ENTERTAINMENT INC. CMN	COM	72348Y105	151	10,400	SH		SOLE		10,400	0	0
CALL/SVXY @ 35 EXP 01/20/2017	CALL	74347W627	225	40	SH	Call	SOLE		40	0	0
CALL/SVXY @ 40 EXP 01/20/2017	CALL	74347W627	1,006	200	SH	Call	SOLE		200	0	0
CALL/SVXY @ 40 EXP 01/19/2018	CALL	74347W627	12,034	2,200	SH	Call	SOLE		2,200	0	0
RADIANT LOGISTICS INC CMN	COM	75025X100	142	36,410	SH		SOLE		36,410	0	0
SPDR S&P 500 ETF TRUST	ETF	78462F103	340,541	1,523,471	SH		SOLE		1,523,471	0	0
SHIRE LIMITED SPONSORED ADR CMN	COM	82481R106	2,525	14,820	SH		SOLE		14,820	0	0
THL CREDIT INC MUTUAL FUND	COM	872438106	220	21,964	SH		SOLE		21,964	0	0
TRI POINTE GROUP INC CMN	COM	87265H109	344	30,000	SH		SOLE		30,000	0	0
TEMPLETON GLOBAL INCOME FUND MUTUAL FUND	COM	880198106	259	40,000	SH		SOLE		40,000	0	0
TOLL BROTHERS, INC. CMN	COM	889478103	751	24,231	SH		SOLE		24,231	0	0
TRUSTCO BANK CORP NY CMN	COM	898349105	2,275	260,000	SH		SOLE		260,000	0	0
U S GEOTHERMAL INC CMN	COM	90338S201	280	68,366	SH		SOLE		68,366	0	0
VANGUARD SPECIALIZED PORTFOLIO VANGUARD DIVIDEND APPRECIATION MUTUAL FUND CL ETF SER VIPERS	ETF	921908844	32,433	380,756	SH		SOLE		380,756	0	0
VANGUARD S&P 500 ETF	ETF	922908363	312,034	1,519,818	SH		SOLE		1,519,818	0	0
VIDEOCON D2H LIMITED ADR CMN	COM	92657J101	411	50,000	SH		SOLE		50,000	0	0
VIRTU FINANCIAL, INC. CMN CLASS A	COM	928254101	5,536	347,100	SH		SOLE		347,100	0	0
ALLERGAN PLC CMN	COM	G0177J108	210	1,000	SH		SOLE		1,000	0	0
ELECTRUM SPL ACQUISITION CORP UNIT	OTHER	G3105C120	507	50,000	SH		SOLE		50,000	0	0