CWA Asset Management 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
1347 PPTY INS HLDGS INC	COM	68244P107	4,949	634,432	SH		SOLE		634,432	0	0
3M CO	COM	88579Y101	1,192	6,677	SH		SOLE		6,677	0	0
ABBVIE INC	COM	00287Y109	366	5,848	SH		SOLE		5,848	0	0
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	325	70,110	SH		SOLE		70,110	0	0
ALLIANCEBERNSTEIN GBL HGH IN	COM	01879R106	216	17,220	SH		SOLE		17,220	0	0
ALLIANT ENERGY CORP	COM	018802108	220	5,798	SH		SOLE		5,798	0	0
ALPHABET INC	CAP STK CL A	02079K305	1,025	1,293	SH		SOLE		1,293	0	0
ALPHABET INC	CAP STK CL C	02079K107	2,713	3,515	SH		SOLE		3,515	0	0
ALTRIA GROUP INC	COM	02209S103	2,517	37,219	SH		SOLE		37,219	0	0
AMAZON COM INC	COM	023135106	2,271	3,029	SH		SOLE		3,029	0	0
AMDOCS LTD	SHS	G02602103	202	3,475	SH		SOLE		3,475	0	0
AMERICAN EXPRESS CO	COM	025816109	507	6,847	SH		SOLE		6,847	0	0
AMGEN INC	COM	031162100	1,243	8,501	SH		SOLE		8,501	0	0
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	1,684	15,968	SH		SOLE		15,968	0	0
AON PLC	SHS CL A	G0408V102	468	4,199	SH		SOLE		4,199	0	0
APPLE INC	COM	037833100	8,236	71,110	SH		SOLE		71,110	0	0
AT&T INC	COM	00206R102	1,944	45,702	SH		SOLE		45,702	0	0
BAIDU INC	SPON ADR REP A	056752108	477	2,900	SH		SOLE		2,900	0	0
BALLANTYNE STRONG INC	COM	058516105	6,505	813,127	SH		SOLE		813,127	0	0
BALLARD PWR SYS INC NEW	COM	058586108	61	37,000	SH		SOLE		37,000	0	0
BANK AMER CORP	COM	060505104	524	23,695	SH		SOLE		23,695	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	1,465	6	SH		SOLE		6	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,757	10,783	SH		SOLE		10,783	0	0
BP PLC	SPONSORED ADR	055622104	2,799	74,878	SH		SOLE		74,878	0	0
BROADCOM LTD	SHS	Y09827109	336	1,900	SH		SOLE		1,900	0	0
CASEYS GEN STORES INC	COM	147528103	1,899	15,973	SH		SOLE		15,973	0	0
CATERPILLAR INC DEL	COM	149123101	201	2,163	SH		SOLE		2,163	0	0
CELGENE CORP	COM	151020104	286	2,473	SH		SOLE		2,473	0	0
CHEMICAL FINL CORP	COM	163731102	3,521	65,000	SH		SOLE		65,000	0	0
CHEVRON CORP NEW	COM	166764100	3,314	28,159	SH		SOLE		28,159	0	0
CISCO SYS INC	COM	17275R102	2,049	67,814	SH		SOLE		67,814	0	0
CITY HLDG CO	COM	177835105	663	9,813	SH		SOLE		9,813	0	0
CLOROX CO DEL	COM	189054109	2,130	17,748	SH		SOLE		17,748	0	0
CME GROUP INC	COM	12572Q105	1,332	11,549	SH		SOLE		11,549	0	0
COCA COLA CO	COM	191216100	1,612	38,887	SH		SOLE		38,887	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	317	5,660	SH		SOLE		5,660	0	0
COLGATE PALMOLIVE CO	COM	194162103	2,167	33,109	SH		SOLE		33,109	0	0
COMCAST CORP NEW	CL A	20030N101	290	4,202	SH		SOLE		4,202	0	0
CORECIVIC INC	COM	21871N101	2,608	106,638	SH		SOLE		106,638	0	0
CRESCENT PT ENERGY CORP	COM	22576C101	413	30,371	SH		SOLE		30,371	0	0
CUSHING MLP TOTAL RETURN FD	COM NEW	231631201	150	11,060	SH		SOLE		11,060	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	1,907	18,345	SH		SOLE		18,345	0	0
DISNEY WALT CO	COM DISNEY	254687106	470	4,511	SH		SOLE		4,511	0	0
DONEGAL GROUP INC	CL A	257701201	2,507	143,421	SH		SOLE		143,421	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	1,583	17,463	SH		SOLE		17,463	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	3,262	42,025	SH		SOLE		42,025	0	0
ECOLAB INC	COM	278865100	1,382	11,792	SH		SOLE		11,792	0	0
ENDEAVOUR SILVER CORP	COM	29258Y103	58	16,575	SH		SOLE		16,575	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	1,247	64,561	SH		SOLE		64,561	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	370	13,695	SH		SOLE		13,695	0	0
EXXON MOBIL CORP	COM	30231G102	5,489	60,815	SH		SOLE		60,815	0	0
FACEBOOK INC	CL A	30303M102	642	5,584	SH		SOLE		5,584	0	0
FEDERATED INVS INC PA	CL B	314211103	2,110	74,615	SH		SOLE		74,615	0	0
FLOWERS FOODS INC	COM	343498101	2,513	125,835	SH		SOLE		125,835	0	0
FRANCO NEVADA CORP	COM	351858105	4,257	71,239	SH		SOLE		71,239	0	0
GENERAL ELECTRIC CO	COM	369604103	3,171	100,336	SH		SOLE		100,336	0	0
GENWORTH FINL INC	COM CL A	37247D106	38	10,000	SH		SOLE		10,000	0	0
GILEAD SCIENCES INC	COM	375558103	491	6,857	SH		SOLE		6,857	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	215	5,570	SH		SOLE		5,570	0	0
GLOBAL NET LEASE INC	COM	379378102	102	13,000	SH		SOLE		13,000	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	316	1,318	SH		SOLE		1,318	0	0
GREAT PANTHER SILVER LTD	COM	39115V101	24	14,700	SH		SOLE		14,700	0	0
GREENLIGHT CAPITAL RE LTD	CLASS A	G4095J109	1,187	52,063	SH		SOLE		52,063	0	0
H & E EQUIPMENT SERVICES INC	COM	404030108	249	10,725	SH		SOLE		10,725	0	0
HOME DEPOT INC	COM	437076102	283	2,107	SH		SOLE		2,107	0	0
INTEL CORP	COM	458140100	1,571	43,308	SH		SOLE		43,308	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	1,529	9,213	SH		SOLE		9,213	0	0
ISHARES	AGGRES ALLOC ETF	464289859	743	15,737	SH		SOLE		15,737	0	0
ISHARES	GRWT ALLOCAT ETF	464289867	239	5,889	SH		SOLE		5,889	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	254	2,347	SH		SOLE		2,347	0	0
ISHARES TR	CORE US AGGBD ET	464287226	384	3,554	SH		SOLE		3,554	0	0
ISHARES TR	20 YR TR BD ETF	464287432	5,173	43,424	SH		SOLE		43,424	0	0
ISHARES TR	EAFE SML CP ETF	464288273	316	6,340	SH		SOLE		6,340	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	1,009	6,102	SH		SOLE		6,102	0	0
ITERIS INC	COM	46564T107	6,505	1,787,204	SH		SOLE		1,787,204	0	0
JOHNSON & JOHNSON	COM	478160104	6,415	55,685	SH		SOLE		55,685	0	0
KIMBERLY CLARK CORP	COM	494368103	1,966	17,227	SH		SOLE		17,227	0	0
KINDER MORGAN INC DEL	COM	49456B101	1,676	80,951	SH		SOLE		80,951	0	0
KINGSWAY FINL SVCS INC	COM NEW	496904202	1,103	176,515	SH		SOLE		176,515	0	0
KIRBY CORP	COM	497266106	1,908	28,687	SH		SOLE		28,687	0	0
KRAFT HEINZ CO	COM	500754106	321	3,676	SH		SOLE		3,676	0	0
LIMBACH HLDGS INC	COM	53263P105	238	16,880	SH		SOLE		16,880	0	0
LOCKHEED MARTIN CORP	COM	539830109	2,879	11,519	SH		SOLE		11,519	0	0
LOWES COS INC	COM	548661107	575	8,083	SH		SOLE		8,083	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	422	5,580	SH		SOLE		5,580	0	0
MCDONALDS CORP	COM	580135101	2,072	17,019	SH		SOLE		17,019	0	0
MCEWEN MNG INC	COM	58039P107	421	144,560	SH		SOLE		144,560	0	0
MERCK & CO INC	COM	58933Y105	1,403	23,833	SH		SOLE		23,833	0	0
MICROSOFT CORP	COM	594918104	3,012	48,472	SH		SOLE		48,472	0	0
MONDELEZ INTL INC	CL A	609207105	275	6,199	SH		SOLE		6,199	0	0
MONSANTO CO NEW	COM	61166W101	1,579	15,010	SH		SOLE		15,010	0	0
NEW GOLD INC CDA	COM	644535106	35	10,125	SH		SOLE		10,125	0	0
NEW MTN FIN CORP	COM	647551100	248	17,600	SH		SOLE		17,600	0	0
NORTHSTAR RLTY FIN CORP	COM	66704R803	823	54,309	SH		SOLE		54,309	0	0
NUVEEN GLOBAL HIGH INCOME FD	SHS	67075G103	182	11,355	SH		SOLE		11,355	0	0
NVIDIA CORP	COM	67066G104	484	4,536	SH		SOLE		4,536	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	276	3,879	SH		SOLE		3,879	0	0
PAYCHEX INC	COM	704326107	1,323	21,727	SH		SOLE		21,727	0	0
PEOPLES UNITED FINANCIAL INC	COM	712704105	2,232	115,283	SH		SOLE		115,283	0	0
PEPSICO INC	COM	713448108	2,623	25,065	SH		SOLE		25,065	0	0
PFIZER INC	COM	717081103	1,713	52,732	SH		SOLE		52,732	0	0
PHILIP MORRIS INTL INC	COM	718172109	1,930	21,099	SH		SOLE		21,099	0	0
PIONEER HIGH INCOME TR	COM	72369H106	272	26,595	SH		SOLE		26,595	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	6,188	191,646	SH		SOLE		191,646	0	0
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	16,244	468,393	SH		SOLE		468,393	0	0
POWERSHARES ETF TRUST II	SENIOR LN PORT	73936Q769	325	13,900	SH		SOLE		13,900	0	0
PRICE T ROWE GROUP INC	COM	74144T108	1,665	22,121	SH		SOLE		22,121	0	0
PROCTER AND GAMBLE CO	COM	742718109	2,639	31,390	SH		SOLE		31,390	0	0
PROSPECT CAPITAL CORPORATION	COM	74348T102	350	41,950	SH		SOLE		41,950	0	0
QUALCOMM INC	COM	747525103	1,352	20,743	SH		SOLE		20,743	0	0
RAYTHEON CO	COM NEW	755111507	1,550	10,917	SH		SOLE		10,917	0	0
RELM WIRELESS CORP	COM	759525108	9,013	1,897,374	SH		SOLE		1,897,374	0	0
RESOURCE CAP CORP	COM NEW	76120W708	101	12,104	SH		SOLE		12,104	0	0
REYNOLDS AMERICAN INC	COM	761713106	288	5,147	SH		SOLE		5,147	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	300	7,795	SH		SOLE		7,795	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	364	6,694	SH		SOLE		6,694	0	0
ROYAL GOLD INC	COM	780287108	1,326	20,932	SH		SOLE		20,932	0	0
ROYAL GOLD INC	NOTE 2.875% 6/1	780287AA6	477	452	SH		SOLE		452	0	0
ROYCE VALUE TR INC	COM	780910105	166	12,406	SH		SOLE		12,406	0	0
SANDSTORM GOLD LTD	COM NEW	80013R206	555	142,181	SH		SOLE		142,181	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	234	5,690	SH		SOLE		5,690	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	559	20,184	SH		SOLE		20,184	0	0
SEABRIDGE GOLD INC	COM	811916105	124	15,275	SH		SOLE		15,275	0	0
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	615	16,104	SH		SOLE		16,104	0	0
SELECT SECTOR SPDR TR	SBI INT-ENERGY	81369Y506	542	7,195	SH		SOLE		7,195	0	0
SHIP FINANCE INTERNATIONAL L	SHS	G81075106	155	10,455	SH		SOLE		10,455	0	0
SILVER WHEATON CORP	COM	828336107	1,274	65,954	SH		SOLE		65,954	0	0
SOLAREDGE TECHNOLOGIES INC	COM	83417M104	156	12,590	SH		SOLE		12,590	0	0
SOUTHERN CO	COM	842587107	2,684	54,559	SH		SOLE		54,559	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	1,411	12,869	SH		SOLE		12,869	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	2,417	10,811	SH		SOLE		10,811	0	0
STARBUCKS CORP	COM	855244109	1,365	24,582	SH		SOLE		24,582	0	0
STARWOOD PPTY TR INC	COM	85571B105	220	10,000	SH		SOLE		10,000	0	0
STRYKER CORP	COM	863667101	490	4,090	SH		SOLE		4,090	0	0
SUMMER INFANT INC	COM	865646103	26	12,940	SH		SOLE		12,940	0	0
SUNOCO LP	COM U REP LP	86765K109	202	7,500	SH		SOLE		7,500	0	0
SYSCO CORP	COM	871829107	2,774	50,093	SH		SOLE		50,093	0	0
TIME WARNER INC	COM NEW	887317303	232	2,408	SH		SOLE		2,408	0	0
TORONTO DOMINION BK ONT	COM NEW	891160509	276	5,585	SH		SOLE		5,585	0	0
U S GLOBAL INVS INC	CL A	902952100	77	56,500	SH		SOLE		56,500	0	0
UNILEVER N V	N Y SHS NEW	904784709	1,862	45,341	SH		SOLE		45,341	0	0
UNITED BANKSHARES INC WEST V	COM	909907107	444	9,597	SH		SOLE		9,597	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	1,127	9,827	SH		SOLE		9,827	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	559	3,493	SH		SOLE		3,493	0	0
VALE S A	ADR	91912E105	803	105,428	SH		SOLE		105,428	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	318	2,758	SH		SOLE		2,758	0	0
VANGUARD INDEX FDS	REIT ETF	922908553	745	9,027	SH		SOLE		9,027	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	365	1,779	SH		SOLE		1,779	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,010	28,224	SH		SOLE		28,224	0	0
VANGUARD SCOTTSDALE FDS	LONG-TERM GOV	92206C847	250	3,388	SH		SOLE		3,388	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	564	6,585	SH		SOLE		6,585	0	0
VANGUARD SPECIALIZED PORTFOL	DIV APP ETF	921908844	510	5,989	SH		SOLE		5,989	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	1,091	29,859	SH		SOLE		29,859	0	0
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	719	9,486	SH		SOLE		9,486	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	210	2,003	SH		SOLE		2,003	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	2,532	47,431	SH		SOLE		47,431	0	0
VISA INC	COM CL A	92826C839	1,487	19,065	SH		SOLE		19,065	0	0
WAL-MART STORES INC	COM	931142103	1,070	15,485	SH		SOLE		15,485	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	514	6,214	SH		SOLE		6,214	0	0
WELLS FARGO & CO NEW	COM	949746101	1,726	31,324	SH		SOLE		31,324	0	0
WHOLE FOODS MKT INC	COM	966837106	627	20,373	SH		SOLE		20,373	0	0