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
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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	7,325	1,031,689	SH		SOLE		1,031,689	0	0
3M CO	COM	88579Y101	651	3,308	SH		SOLE		3,308	0	0
ABBVIE INC	COM	00287Y109	1,916	20,679	SH		SOLE		20,679	0	0
ABERDEEN ASIA PACIFIC INCOM	COM	003009107	294	68,007	SH		SOLE		68,007	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	304	1,858	SH		SOLE		1,858	0	0
ADVANCED EMISSIONS SOLUTS IN	COM	00770C101	162	14,250	SH		SOLE		14,250	0	0
AETNA INC NEW	COM	00817Y108	265	1,444	SH		SOLE		1,444	0	0
AGNICO EAGLE MINES LTD	COM	008474108	2,493	54,398	SH		SOLE		54,398	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	597	3,220	SH		SOLE		3,220	0	0
ALLIANCEBERNSTEIN GBL HGH IN	COM	01879R106	184	15,970	SH		SOLE		15,970	0	0
ALPHABET INC	CAP STK CL A	02079K305	2,388	2,115	SH		SOLE		2,115	0	0
ALPHABET INC	CAP STK CL C	02079K107	5,956	5,339	SH		SOLE		5,339	0	0
ALTRIA GROUP INC	COM	02209S103	3,708	65,287	SH		SOLE		65,287	0	0
AMAZON COM INC	COM	023135106	13,653	8,032	SH		SOLE		8,032	0	0
AMERICAN EXPRESS CO	COM	025816109	586	5,978	SH		SOLE		5,978	0	0
AMGEN INC	COM	031162100	3,917	21,222	SH		SOLE		21,222	0	0
ANHEUSER BUSCH INBEV SA/NV	SPONSORED ADR	03524A108	3,116	30,929	SH		SOLE		30,929	0	0
ANNALY CAP MGMT INC	COM	035710409	619	60,178	SH		SOLE		60,178	0	0
AON PLC	SHS CL A	G0408V102	386	2,812	SH		SOLE		2,812	0	0
APOLLO GLOBAL MGMT LLC	CL A SHS	037612306	205	6,420	SH		SOLE		6,420	0	0
APPLE HOSPITALITY REIT INC	COM NEW	03784Y200	268	15,000	SH		SOLE		15,000	0	0
APPLE INC	COM	037833100	15,360	82,979	SH		SOLE		82,979	0	0
ASCENA RETAIL GROUP INC	COM	04351G101	40	10,056	SH		SOLE		10,056	0	0
AT&T INC	COM	00206R102	1,792	55,794	SH		SOLE		55,794	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	297	2,214	SH		SOLE		2,214	0	0
BALLANTYNE STRONG INC	COM	058516105	5,628	1,160,384	SH		SOLE		1,160,384	0	0
BANK AMER CORP	COM	060505104	964	34,186	SH		SOLE		34,186	0	0
BB&T CORP	COM	054937107	446	8,847	SH		SOLE		8,847	0	0
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	12,739	68,251	SH		SOLE		68,251	0	0
BERKSHIRE HATHAWAY INC DEL	CL A	084670108	2,256	8	SH		SOLE		8	0	0
BK TECHNOLOGIES INC	COM	09180A100	9,262	2,503,322	SH		SOLE		2,503,322	0	0
BLACKROCK INC	COM	09247X101	239	479	SH		SOLE		479	0	0
BOEING CO	COM	097023105	1,055	3,146	SH		SOLE		3,146	0	0
BP PLC	SPONSORED ADR	055622104	5,797	126,949	SH		SOLE		126,949	0	0
BRITISH AMERN TOB PLC	SPONSORED ADR	110448107	212	4,212	SH		SOLE		4,212	0	0
BROADCOM INC	COM	11135F101	370	1,525	SH		SOLE		1,525	0	0
BYLINE BANCORP INC	COM	124411109	2,179	97,558	SH		SOLE		97,558	0	0
CAROLINA FINL CORP NEW	COM	143873107	755	17,598	SH		SOLE		17,598	0	0
CASEYS GEN STORES INC	COM	147528103	5,284	50,281	SH		SOLE		50,281	0	0
CATERPILLAR INC DEL	COM	149123101	857	6,314	SH		SOLE		6,314	0	0
CENTURYLINK INC	COM	156700106	492	26,385	SH		SOLE		26,385	0	0
CHEVRON CORP NEW	COM	166764100	7,308	57,804	SH		SOLE		57,804	0	0
CISCO SYS INC	COM	17275R102	4,555	105,855	SH		SOLE		105,855	0	0
CME GROUP INC	COM CL A	12572Q105	3,061	18,675	SH		SOLE		18,675	0	0
COCA COLA CO	COM	191216100	3,085	70,333	SH		SOLE		70,333	0	0
COGNIZANT TECHNOLOGY SOLUTIO	CL A	192446102	206	2,610	SH		SOLE		2,610	0	0
COLGATE PALMOLIVE CO	COM	194162103	246	3,794	SH		SOLE		3,794	0	0
COLONY CAP INC NEW	CL A COM	19626G108	396	63,508	SH		SOLE		63,508	0	0
CORECIVIC INC	COM	21871N101	4,407	184,453	SH		SOLE		184,453	0	0
CVS HEALTH CORP	COM	126650100	274	4,253	SH		SOLE		4,253	0	0
DIAGEO P L C	SPON ADR NEW	25243Q205	4,583	31,822	SH		SOLE		31,822	0	0
DIGITAL RLTY TR INC	COM	253868103	272	2,438	SH		SOLE		2,438	0	0
DISNEY WALT CO	COM DISNEY	254687106	1,423	13,578	SH		SOLE		13,578	0	0
DOMINION ENERGY INC	COM	25746U109	293	4,298	SH		SOLE		4,298	0	0
DONEGAL GROUP INC	CL A	257701201	3,118	229,106	SH		SOLE		229,106	0	0
DOWDUPONT INC	COM	26078J100	621	9,417	SH		SOLE		9,417	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	6,184	78,198	SH		SOLE		78,198	0	0
ECOLAB INC	COM	278865100	2,819	20,087	SH		SOLE		20,087	0	0
ENBRIDGE ENERGY MANAGEMENT L	SHS UNITS LLI	29250X103	189	18,446	SH		SOLE		18,446	0	0
ENERGY TRANSFER EQUITY L P	COM UT LTD PTN	29273V100	706	40,923	SH		SOLE		40,923	0	0
ENTERPRISE PRODS PARTNERS L	COM	293792107	445	16,094	SH		SOLE		16,094	0	0
ERIE INDTY CO	CL A	29530P102	2,681	22,862	SH		SOLE		22,862	0	0
EXCHANGE TRADED CONCEPTS TR	ROBO GLB ETF	301505707	563	14,081	SH		SOLE		14,081	0	0
EXELON CORP	COM	30161N101	266	6,237	SH		SOLE		6,237	0	0
EXP WORLD HOLDINGS INC	COM	30212W100	286	25,301	SH		SOLE		25,301	0	0
EXXON MOBIL CORP	COM	30231G102	9,380	113,379	SH		SOLE		113,379	0	0
FACEBOOK INC	CL A	30303M102	4,172	21,468	SH		SOLE		21,468	0	0
FASTENAL CO	COM	311900104	5,340	110,940	SH		SOLE		110,940	0	0
FEDERATED INVS INC PA	CL B	314211103	1,752	75,140	SH		SOLE		75,140	0	0
FEDEX CORP	COM	31428X106	221	975	SH		SOLE		975	0	0
FLOWERS FOODS INC	COM	343498101	3,645	174,983	SH		SOLE		174,983	0	0
FRANCO NEVADA CORP	COM	351858105	8,903	121,927	SH		SOLE		121,927	0	0
FTI CONSULTING INC	COM	302941109	6,028	99,674	SH		SOLE		99,674	0	0
GARMIN LTD	SHS	H2906T109	6,537	107,160	SH		SOLE		107,160	0	0
GENERAL ELECTRIC CO	COM	369604103	176	12,942	SH		SOLE		12,942	0	0
GENERAL MLS INC	COM	370334104	667	15,061	SH		SOLE		15,061	0	0
GILEAD SCIENCES INC	COM	375558103	2,702	38,136	SH		SOLE		38,136	0	0
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	273	6,765	SH		SOLE		6,765	0	0
GLOBAL X FDS	RBTCS ARTFL INTE	37954Y715	443	20,112	SH		SOLE		20,112	0	0
GOLDMAN SACHS GROUP INC	COM	38141G104	389	1,765	SH		SOLE		1,765	0	0
GOVERNMENT PPTYS INCOME TR	COM SHS BEN INT	38376A103	268	16,927	SH		SOLE		16,927	0	0
GREAT PANTHER SILVER LTD	COM	39115V101	14	11,700	SH		SOLE		11,700	0	0
HOME DEPOT INC	COM	437076102	1,647	8,444	SH		SOLE		8,444	0	0
HONEYWELL INTL INC	COM	438516106	417	2,897	SH		SOLE		2,897	0	0
INTEL CORP	COM	458140100	1,629	32,770	SH		SOLE		32,770	0	0
INTERNATIONAL BUSINESS MACHS	COM	459200101	3,836	27,461	SH		SOLE		27,461	0	0
INTUITIVE SURGICAL INC	COM NEW	46120E602	587	1,227	SH		SOLE		1,227	0	0
INVESCO EXCHNG TRADED FD TR	SR LN ETF	46138G508	318	13,900	SH		SOLE		13,900	0	0
ISHARES INC	CORE MSCI EMKT	46434G103	210	3,991	SH		SOLE		3,991	0	0
ISHARES TR	RUS 1000 GRW ETF	464287614	742	5,160	SH		SOLE		5,160	0	0
ISHARES TR	NATIONAL MUN ETF	464288414	586	5,373	SH		SOLE		5,373	0	0
ISHARES TR	TIPS BD ETF	464287176	524	4,640	SH		SOLE		4,640	0	0
ISHARES TR	S&P US PFD STK	464288687	262	6,947	SH		SOLE		6,947	0	0
ISHARES TR	IBOXX INV CP ETF	464287242	698	6,092	SH		SOLE		6,092	0	0
ISHARES TR	SELECT DIVID ETF	464287168	275	2,815	SH		SOLE		2,815	0	0
ISHARES TR	CORE S&P500 ETF	464287200	745	2,727	SH		SOLE		2,727	0	0
ISHARES TR	1 3 YR TREAS BD	464287457	224	2,691	SH		SOLE		2,691	0	0
ISHARES TR	CORE US AGGBD ET	464287226	452	4,253	SH		SOLE		4,253	0	0
ISHARES TR	20 YR TR BD ETF	464287432	916	7,523	SH		SOLE		7,523	0	0
ISHARES TR	GRWT ALLOCAT ETF	464289867	325	7,336	SH		SOLE		7,336	0	0
ISHARES TR	AGGRES ALLOC ETF	464289859	766	14,345	SH		SOLE		14,345	0	0
JD COM INC	SPON ADR CL A	47215P106	2,022	51,925	SH		SOLE		51,925	0	0
JOHNSON & JOHNSON	COM	478160104	9,293	76,584	SH		SOLE		76,584	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,624	15,586	SH		SOLE		15,586	0	0
KIMBERLY CLARK CORP	COM	494368103	3,817	36,240	SH		SOLE		36,240	0	0
KINDER MORGAN INC DEL	COM	49456B101	388	21,980	SH		SOLE		21,980	0	0
KINGSWAY FINL SVCS INC	COM NEW	496904202	737	268,053	SH		SOLE		268,053	0	0
KIRBY CORP	COM	497266106	3,235	38,692	SH		SOLE		38,692	0	0
KRAFT HEINZ CO	COM	500754106	233	3,713	SH		SOLE		3,713	0	0
LAS VEGAS SANDS CORP	COM	517834107	219	2,865	SH		SOLE		2,865	0	0
LIMBACH HLDGS INC	COM	53263P105	123	10,380	SH		SOLE		10,380	0	0
LOCKHEED MARTIN CORP	COM	539830109	5,577	18,876	SH		SOLE		18,876	0	0
LOWES COS INC	COM	548661107	337	3,529	SH		SOLE		3,529	0	0
MACQUARIE INFRASTRUCTURE COR	COM	55608B105	201	4,760	SH		SOLE		4,760	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM UNIT RP LP	559080106	612	8,854	SH		SOLE		8,854	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	551	2,465	SH		SOLE		2,465	0	0
MCDERMOTT INTL INC	COM	580037703	271	13,811	SH		SOLE		13,811	0	0
MCDONALDS CORP	COM	580135101	4,531	28,920	SH		SOLE		28,920	0	0
MCEWEN MNG INC	COM	58039P107	331	159,685	SH		SOLE		159,685	0	0
MERCK & CO INC	COM	58933Y105	3,432	56,534	SH		SOLE		56,534	0	0
MICRON TECHNOLOGY INC	COM	595112103	560	10,675	SH		SOLE		10,675	0	0
MICROSOFT CORP	COM	594918104	3,463	35,122	SH		SOLE		35,122	0	0
MONDELEZ INTL INC	CL A	609207105	361	8,803	SH		SOLE		8,803	0	0
MVC CAPITAL INC	COM	553829102	190	20,000	SH		SOLE		20,000	0	0
NATIONAL GRID PLC	SPONSORED ADR NE	636274409	207	3,705	SH		SOLE		3,705	0	0
NAVIOS MARITIME MIDSTREAM LP	COM UNIT LTD	Y62134104	43	11,461	SH		SOLE		11,461	0	0
NETFLIX INC	COM	64110L106	853	2,179	SH		SOLE		2,179	0	0
NEW MTN FIN CORP	COM	647551100	189	13,873	SH		SOLE		13,873	0	0
NEW YORK CMNTY BANCORP INC	COM	649445103	187	16,975	SH		SOLE		16,975	0	0
NUTRIEN LTD	COM	67077M108	4,697	86,382	SH		SOLE		86,382	0	0
NVIDIA CORP	COM	67066G104	1,431	6,041	SH		SOLE		6,041	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	388	3,554	SH		SOLE		3,554	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	248	2,963	SH		SOLE		2,963	0	0
ONEOK INC NEW	COM	682680103	581	8,326	SH		SOLE		8,326	0	0
PAGSEGURO DIGITAL LTD	COM CL A	G68707101	439	15,820	SH		SOLE		15,820	0	0
PAYCHEX INC	COM	704326107	4,358	63,763	SH		SOLE		63,763	0	0
PAYPAL HLDGS INC	COM	70450Y103	254	3,048	SH		SOLE		3,048	0	0
PEOPLES UNITED FINANCIAL INC	COM	712704105	359	19,834	SH		SOLE		19,834	0	0
PEPSICO INC	COM	713448108	4,196	38,545	SH		SOLE		38,545	0	0
PERMA-FIX ENVIRONMENTAL SVCS	COM NEW	714157203	103	22,850	SH		SOLE		22,850	0	0
PFIZER INC	COM	717081103	4,058	111,856	SH		SOLE		111,856	0	0
PHILIP MORRIS INTL INC	COM	718172109	3,390	41,987	SH		SOLE		41,987	0	0
PIONEER HIGH INCOME TR	COM	72369H106	200	21,570	SH		SOLE		21,570	0	0
PLAINS ALL AMERN PIPELINE L	UNIT LTD PARTN	726503105	27,147	1,148,355	SH		SOLE		1,148,355	0	0
PLAINS GP HLDGS L P	LTD PARTNR INT A	72651A207	11,234	469,860	SH		SOLE		469,860	0	0
PRICE T ROWE GROUP INC	COM	74144T108	3,644	31,386	SH		SOLE		31,386	0	0
PROCTER AND GAMBLE CO	COM	742718109	4,733	60,630	SH		SOLE		60,630	0	0
PRUDENTIAL FINL INC	COM	744320102	288	3,085	SH		SOLE		3,085	0	0
QUALCOMM INC	COM	747525103	4,045	72,086	SH		SOLE		72,086	0	0
RAYTHEON CO	COM NEW	755111507	2,600	13,459	SH		SOLE		13,459	0	0
RIO TINTO PLC	SPONSORED ADR	767204100	612	11,040	SH		SOLE		11,040	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	462	6,680	SH		SOLE		6,680	0	0
ROYCE VALUE TR INC	COM	780910105	174	11,037	SH		SOLE		11,037	0	0
SANOFI	SPONSORED ADR	80105N105	3,855	96,347	SH		SOLE		96,347	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	261	5,290	SH		SOLE		5,290	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	287	6,869	SH		SOLE		6,869	0	0
SEABRIDGE GOLD INC	COM	811916105	137	12,250	SH		SOLE		12,250	0	0
SEAGATE TECHNOLOGY PLC	SHS	G7945M107	390	6,900	SH		SOLE		6,900	0	0
SELECT SECTOR SPDR TR	SBI INT-UTILS	81369Y886	287	5,523	SH		SOLE		5,523	0	0
SHIP FINANCE INTERNATIONAL L	SHS	G81075106	2,740	183,278	SH		SOLE		183,278	0	0
SMART SAND INC	COM	83191H107	142	26,725	SH		SOLE		26,725	0	0
SOUTHERN CO	COM	842587107	6,542	141,270	SH		SOLE		141,270	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	1,011	8,525	SH		SOLE		8,525	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,006	3,708	SH		SOLE		3,708	0	0
SPDR SERIES TRUST	BLOOMBERG BRCLYS	78464A417	368	10,368	SH		SOLE		10,368	0	0
SPECTRA ENERGY PARTNERS LP	COM	84756N109	308	8,700	SH		SOLE		8,700	0	0
SPEEDWAY MOTORSPORTS INC	COM	847788106	579	33,367	SH		SOLE		33,367	0	0
STARWOOD PPTY TR INC	COM	85571B105	332	15,300	SH		SOLE		15,300	0	0
STRONGVEST ETF TR	CWA INCOME	863418109	6,582	267,413	SH		SOLE		267,413	0	0
STRYKER CORP	COM	863667101	645	3,820	SH		SOLE		3,820	0	0
SUMMER INFANT INC	COM	865646103	18	12,940	SH		SOLE		12,940	0	0
SYSCO CORP	COM	871829107	3,446	50,456	SH		SOLE		50,456	0	0
TABLEAU SOFTWARE INC	CL A	87336U105	2,645	27,058	SH		SOLE		27,058	0	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADR	874039100	3,350	91,624	SH		SOLE		91,624	0	0
TASEKO MINES LTD	COM	876511106	20	18,500	SH		SOLE		18,500	0	0
TEVA PHARMACEUTICAL INDS LTD	SPONSORED ADR	881624209	539	22,156	SH		SOLE		22,156	0	0
TEXAS INSTRS INC	COM	882508104	4,230	38,371	SH		SOLE		38,371	0	0
THE CUSHING MLP INFASTCR TOT	COM NEW	231631201	272	22,835	SH		SOLE		22,835	0	0
TIPTREE INC	COM	88822Q103	443	65,083	SH		SOLE		65,083	0	0
UNITED BANKSHARES INC WEST V	COM	909907107	262	7,198	SH		SOLE		7,198	0	0
UNITED PARCEL SERVICE INC	CL B	911312106	3,012	28,356	SH		SOLE		28,356	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	799	3,258	SH		SOLE		3,258	0	0
UNITI GROUP INC	COM	91325V108	471	23,492	SH		SOLE		23,492	0	0
VANECK VECTORS ETF TR	HIGH INCOME MLP	92189F288	351	16,200	SH		SOLE		16,200	0	0
VANGUARD BD INDEX FD INC	SHORT TRM BOND	921937827	443	5,670	SH		SOLE		5,670	0	0
VANGUARD BD INDEX FD INC	TOTAL BND MRKT	921937835	473	5,969	SH		SOLE		5,969	0	0
VANGUARD GROUP	DIV APP ETF	921908844	553	5,439	SH		SOLE		5,439	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	869	3,481	SH		SOLE		3,481	0	0
VANGUARD INDEX FDS	SM CP VAL ETF	922908611	200	1,475	SH		SOLE		1,475	0	0
VANGUARD INDEX FDS	TOTAL STK MKT	922908769	1,332	9,488	SH		SOLE		9,488	0	0
VANGUARD INDEX FDS	VALUE ETF	922908744	268	2,584	SH		SOLE		2,584	0	0
VANGUARD INDEX FDS	REAL ESTATE ETF	922908553	861	10,572	SH		SOLE		10,572	0	0
VANGUARD INDEX FDS	SMALL CP ETF	922908751	407	2,617	SH		SOLE		2,617	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	210	1,399	SH		SOLE		1,399	0	0
VANGUARD INDEX FDS	MID CAP ETF	922908629	494	3,135	SH		SOLE		3,135	0	0
VANGUARD INDEX FDS	MCAP VL IDXVIP	922908512	209	1,888	SH		SOLE		1,888	0	0
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	1,992	47,200	SH		SOLE		47,200	0	0
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	507	9,783	SH		SOLE		9,783	0	0
VANGUARD SCOTTSDALE FDS	INT-TERM CORP	92206C870	702	8,410	SH		SOLE		8,410	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	843	19,649	SH		SOLE		19,649	0	0
VANGUARD WHITEHALL FDS INC	HIGH DIV YLD	921946406	267	3,219	SH		SOLE		3,219	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	210	2,003	SH		SOLE		2,003	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	5,272	104,788	SH		SOLE		104,788	0	0
VISA INC	COM CL A	92826C839	4,348	32,826	SH		SOLE		32,826	0	0
VORNADO RLTY TR	SH BEN INT	929042109	4,999	67,623	SH		SOLE		67,623	0	0
WALMART INC	COM	931142103	3,996	46,659	SH		SOLE		46,659	0	0
WEC ENERGY GROUP INC	COM	92939U106	230	3,556	SH		SOLE		3,556	0	0
WELLS FARGO CO NEW	COM	949746101	764	13,786	SH		SOLE		13,786	0	0
WILLIAMS PARTNERS L P NEW	COM UNIT LTD PAR	96949L105	203	5,013	SH		SOLE		5,013	0	0