The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||||||
| UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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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 |
| Adams Diversified Equity Fund, | COM | 006212104 | 2,827,033 | 131,124 | SH | SOLE | 131,124 | 0 | 0 | ||
| Adobe Inc. | COM | 00724F101 | 17,345,630 | 33,500 | SH | SOLE | 33,500 | 0 | 0 | ||
| Agnico Eagle Mines Limited | COM | 008474108 | 33,432,400 | 415,000 | SH | SOLE | 415,000 | 0 | 0 | ||
| Alamos Gold Inc. - Class A | COM | 011532108 | 13,408,414 | 672,438 | SH | SOLE | 672,438 | 0 | 0 | ||
| Algoma Steel Group Inc. | COM | 015658107 | 8,348,253 | 816,056 | SH | SOLE | 816,056 | 0 | 0 | ||
| Alphabet Inc. - Class C | COM | 02079K107 | 70,206,926 | 419,923 | SH | SOLE | 419,923 | 0 | 0 | ||
| Amazon.com, Inc. | COM | 023135106 | 53,290,380 | 286,000 | SH | SOLE | 286,000 | 0 | 0 | ||
| Amgen Inc. | COM | 031162100 | 9,666,300 | 30,000 | SH | SOLE | 30,000 | 0 | 0 | ||
| Amkor Technology, Inc. | COM | 031652100 | 3,060,000 | 100,000 | SH | SOLE | 100,000 | 0 | 0 | ||
| Angi Inc.- Class A | COM | 00183L102 | 2,585,645 | 1,002,188 | SH | SOLE | 1,002,188 | 0 | 0 | ||
| Apple Inc. | COM | 037833100 | 73,628,000 | 316,000 | SH | SOLE | 316,000 | 0 | 0 | ||
| Apple Inc. | COM | 037833100 | 10,750,000 | 50,000 | SH | Put | SOLE | 50,000 | 0 | 0 | |
| Applied Materials, Inc. | COM | 038222105 | 12,456,787 | 61,652 | SH | SOLE | 61,652 | 0 | 0 | ||
| Arch Capital Group Ltd. | COM | G0450A105 | 67,128,000 | 600,000 | SH | SOLE | 600,000 | 0 | 0 | ||
| ASML Holding N.V. | COM | N07059210 | 51,661,500 | 62,000 | SH | SOLE | 62,000 | 0 | 0 | ||
| AT&T Inc. | COM | 00206R102 | 19,945,244 | 906,602 | SH | SOLE | 906,602 | 0 | 0 | ||
| Berkshire Hathaway Inc. - Clas | COM | 084670108 | 76,029,800 | 110 | SH | SOLE | 110 | 0 | 0 | ||
| Broadcom Inc. | COM | 11135F101 | 32,775,000 | 190,000 | SH | SOLE | 190,000 | 0 | 0 | ||
| Cameco Corporation | COM | 13321L108 | 24,082,025 | 504,230 | SH | SOLE | 504,230 | 0 | 0 | ||
| Chevron Corporation | COM | 166764100 | 12,074,815 | 81,991 | SH | SOLE | 81,991 | 0 | 0 | ||
| Cigna Group/The | COM | 125523100 | 6,928,800 | 20,000 | SH | SOLE | 20,000 | 0 | 0 | ||
| Cisco Systems, Inc. | COM | 17275R102 | 7,358,197 | 138,260 | SH | SOLE | 138,260 | 0 | 0 | ||
| Cleveland-Cliffs Inc. | COM | 185899101 | 3,110,683 | 243,593 | SH | SOLE | 243,593 | 0 | 0 | ||
| Costco Wholesale Corporation | COM | 22160K105 | 36,347,320 | 41,000 | SH | SOLE | 41,000 | 0 | 0 | ||
| Danaher Corporation | COM | 235851102 | 16,683,980 | 60,010 | SH | SOLE | 60,010 | 0 | 0 | ||
| Dominion Energy, Inc. | COM | 25746U109 | 16,759,100 | 290,000 | SH | SOLE | 290,000 | 0 | 0 | ||
| Energy Transfer LP | COM | 29273V100 | 16,371,482 | 1,020,030 | SH | SOLE | 1,020,030 | 0 | 0 | ||
| Everest Group, Ltd. | COM | G3223R108 | 52,774,015 | 134,686 | SH | SOLE | 134,686 | 0 | 0 | ||
| Expedia Group, Inc. | COM | 30212P303 | 25,630,699 | 173,157 | SH | SOLE | 173,157 | 0 | 0 | ||
| Exxon Mobil Corp | COM | 30231G102 | 16,539,742 | 141,100 | SH | SOLE | 141,100 | 0 | 0 | ||
| Ferroglobe PLC | COM | G33856108 | 4,443,222 | 957,591 | SH | SOLE | 957,591 | 0 | 0 | ||
| Ford Motor Company | COM | 345370860 | 1,056,000 | 100,000 | SH | SOLE | 100,000 | 0 | 0 | ||
| GE Vernova Inc. | COM | 36828A101 | 28,047,800 | 110,000 | SH | SOLE | 110,000 | 0 | 0 | ||
| Gilead Sciences, Inc. | COM | 375558103 | 12,148,416 | 144,900 | SH | SOLE | 144,900 | 0 | 0 | ||
| Humana Inc | COM | 444859102 | 11,719,380 | 37,000 | SH | SOLE | 37,000 | 0 | 0 | ||
| i-80 Gold Corp. | COM | 44955L106 | 3,091,631 | 2,665,199 | SH | SOLE | 2,665,199 | 0 | 0 | ||
| iCAD, Inc. | COM | 44934S206 | 313,679 | 200,434 | SH | SOLE | 200,434 | 0 | 0 | ||
| IDEAYA Biosciences, Inc. | COM | 45166A102 | 2,851,200 | 90,000 | SH | SOLE | 90,000 | 0 | 0 | ||
| indie Semiconductor, Inc. - Cl | COM | 45569U101 | 5,376,098 | 1,347,393 | SH | SOLE | 1,347,393 | 0 | 0 | ||
| Intra-Cellular Therapies, Inc. | COM | 46116X101 | 19,154,443 | 261,780 | SH | SOLE | 261,780 | 0 | 0 | ||
| Invesco S&P Equal Weight | COM | 46137V357 | 5,484,267 | 30,611 | SH | SOLE | 30,611 | 0 | 0 | ||
| JPMorgan Chase & Co. | COM | 46625H100 | 16,868,800 | 80,000 | SH | SOLE | 80,000 | 0 | 0 | ||
| L3Harris Technologies, Inc. | COM | 502431109 | 14,458,928 | 60,785 | SH | SOLE | 60,785 | 0 | 0 | ||
| M&T Bank Corporation | COM | 55261F104 | 18,007,932 | 101,100 | SH | SOLE | 101,100 | 0 | 0 | ||
| Merck & Co., Inc. | COM | 58933Y105 | 23,203,261 | 204,326 | SH | SOLE | 204,326 | 0 | 0 | ||
| Meta Platforms, Inc. - Class A | COM | 30303M102 | 12,593,680 | 22,000 | SH | SOLE | 22,000 | 0 | 0 | ||
| MetLife, Inc. | COM | 59156R108 | 18,172,571 | 220,327 | SH | SOLE | 220,327 | 0 | 0 | ||
| Microsoft Corporation | COM | 594918104 | 86,060,000 | 200,000 | SH | SOLE | 200,000 | 0 | 0 | ||
| Nelnet, Inc. - Class A | COM | 64031N108 | 27,574,051 | 243,415 | SH | SOLE | 243,415 | 0 | 0 | ||
| NextNav Inc. | COM | 65345N106 | 12,485,441 | 1,666,948 | SH | SOLE | 1,666,948 | 0 | 0 | ||
| PepsiCo, Inc. | COM | 713448108 | 27,208,000 | 160,000 | SH | SOLE | 160,000 | 0 | 0 | ||
| Pfizer Inc. | COM | 717081103 | 15,650,984 | 540,808 | SH | SOLE | 540,808 | 0 | 0 | ||
| Proshares S&P 500 Dividend Ari | COM | 74348A467 | 1,868,300 | 17,500 | SH | SOLE | 17,500 | 0 | 0 | ||
| Quantum-Si Incorporated - Clas | COM | 74765K105 | 259,676 | 294,350 | SH | SOLE | 294,350 | 0 | 0 | ||
| Regeneron Pharmaceuticals, Inc | COM | 75886F107 | 12,484,526 | 11,876 | SH | SOLE | 11,876 | 0 | 0 | ||
| Republic Services, Inc. | COM | 760759100 | 79,457,325 | 395,625 | SH | SOLE | 395,625 | 0 | 0 | ||
| Royce Value Trust, Inc. | COM | 780910105 | 2,368,769 | 150,877 | SH | SOLE | 150,877 | 0 | 0 | ||
| RTX Corporation | COM | 75513E101 | 19,991,400 | 165,000 | SH | SOLE | 165,000 | 0 | 0 | ||
| SIGA Technologies, Inc. | COM | 826917106 | 3,643,232 | 539,738 | SH | SOLE | 539,738 | 0 | 0 | ||
| Solventum Corporation | COM | 83444M101 | 14,456,442 | 207,350 | SH | SOLE | 207,350 | 0 | 0 | ||
| Stevanato Group S.p.A. | COM | T9224W109 | 3,001,440 | 150,072 | SH | SOLE | 150,072 | 0 | 0 | ||
| Tenet Healthcare Corporation | COM | 88033G407 | 17,717,086 | 106,601 | SH | SOLE | 106,601 | 0 | 0 | ||
| TJX Companies, Inc./The | COM | 872540109 | 61,719,314 | 525,092 | SH | SOLE | 525,092 | 0 | 0 | ||
| Tyler Technologies, Inc. | COM | 902252105 | 24,154,917 | 41,381 | SH | SOLE | 41,381 | 0 | 0 | ||
| Uber Technologies, Inc. | COM | 90353T100 | 7,559,818 | 100,583 | SH | SOLE | 100,583 | 0 | 0 | ||
| Universal Display Corporation | COM | 91347P105 | 13,645,389 | 65,009 | SH | SOLE | 65,009 | 0 | 0 | ||
| Valaris Limited | COM | G9460G101 | 13,076,497 | 234,556 | SH | SOLE | 234,556 | 0 | 0 | ||
| Valneva SE - ADR | COM | 92025Y103 | 2,154,515 | 354,361 | SH | SOLE | 354,361 | 0 | 0 | ||
| Vanguard Mid-Cap Value Index F | COM | 922908512 | 2,297,079 | 13,700 | SH | SOLE | 13,700 | 0 | 0 | ||
| Veeva Systems Inc. | COM | 922475108 | 5,132,791 | 24,457 | SH | SOLE | 24,457 | 0 | 0 | ||
| Walt Disney Company /The | COM | 254687106 | 5,432,619 | 56,478 | SH | SOLE | 56,478 | 0 | 0 | ||
