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

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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
AMERICAN ASSETS TR INC COM 024013104 182,078,849 7,374,599 SH SOLE 7,374,599 0 0
WELLS FARGO & CO COM 949746101 132,275,733 1,600,626 SH SOLE 1,600,626 0 0
BANK OF AMER CORP COM 060505104 4,985,750 87,500 SH SOLE 87,500 0 0
EXXON MOBIL CORP COM 30231G102 4,785,200 35,000 SH SOLE 35,000 0 0
CAPITAL ONE FINL CORP COM 14040H105 2,006,200 10,000 SH SOLE 10,000 0 0
TORONTO DOMINION BK ONT COM NEW 891160509 1,821,450 15,000 SH SOLE 15,000 0 0
SIMON PPTY GROUP INC NEW COM 828806109 1,118,250 5,000 SH SOLE 5,000 0 0
ARS PHARMACEUTICALS INC COM 82835W108 1,001,250 125,000 SH SOLE 125,000 0 0
CHEVRON CORPORATION COM 166764100 828,800 5,000 SH SOLE 5,000 0 0
TRUIST FINL CORP COM 89832Q109 498,200 10,000 SH SOLE 10,000 0 0
AMAZON COM INC COM 023135106 476,680 2,000 SH SOLE 2,000 0 0
ANHEUSER BUSCH INBEV SA NV SPONSORED ADR 03524A108 412,000 5,000 SH SOLE 5,000 0 0