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: July 31, 2015
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
ADOBE INC COM 00724F101 7,836,200 32,659 SH SOLE 0 91 0 32,568
AMAZON COM INC COM 023135106 249,150 1,000 SH SOLE 0 0 0 1,000
ARS PHARMACEUTICALS INC COM 82835W108 1,695,675 393,428 SH SOLE 0 914 0 392,514
BAXTER INTL INC COM 071813109 21,530,771 897,115 SH SOLE 0 2,583 0 894,532
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 384,915 773 SH SOLE 0 0 0 773
BLACK STONE MINERALS L P COM UNIT 09225M101 17,603,942 1,229,326 SH SOLE 0 2,206 0 1,227,120
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 14,633,376 268,996 SH SOLE 0 838 0 268,158
CANADIAN NAT RES LTD MED TER COM 136385101 16,367,266 347,722 SH SOLE 0 745 0 346,977
CHARTER COMMUNICATIONS INC CL A 16119P108 12,793,194 115,358 SH SOLE 0 295 0 115,063
COMCAST CORP NEW CL A 20030N101 638,417 29,339 SH SOLE 0 0 0 29,339
DIAGEO PLC SPON ADR NEW 25243Q205 1,682,639 19,657 SH SOLE 0 0 0 19,657
ENTERPRISE PRODS PARTNERS L COM 293792107 18,521,786 520,129 SH SOLE 0 1,746 0 518,383
HUNTINGTON INGALLS INDS INC COM 446413106 30,754,685 115,156 SH SOLE 0 345 0 114,811
INNOVEX INTERNATIONAL INC COM 457651107 18,624,481 689,285 SH SOLE 0 2,080 0 687,205
INVESCO QQQ TR UNIT SER 1 46090E103 33,585,558 45,400 SH Put SOLE 0 100 0 45,300
ISHARES TR ISHARES SEMICDTR 464287523 18,878,848 33,200 SH Put SOLE 0 100 0 33,100
ISHARES TR 20 YR TR BD ETF 464287432 13,074,818 168,100 SH Put SOLE 0 0 0 168,100
ISHARES TR 20 YR TR BD ETF 464287432 20,767,260 267,000 SH Put SOLE 0 0 0 267,000
ISHARES TR TRUST ISHARE 0-1 464288679 4,917,158 44,572 SH SOLE 0 0 0 44,572
KONINKLIJKE PHILIPS N V NY REGIS SHS NEW 500472303 21,260,771 870,273 SH SOLE 0 2,320 0 867,953
MCKESSON CORP COM 58155Q103 9,033,170 10,580 SH SOLE 0 37 0 10,543
MICROSOFT CORP COM 594918104 257,476 502 SH SOLE 0 0 0 502
MOLINA HEALTHCARE INC COM 60855R100 43,697,795 231,083 SH SOLE 0 671 0 230,412
NU HLDGS LTD ORD SHS CL A G6683N103 18,868,261 1,490,384 SH SOLE 0 4,073 0 1,486,311
NVIDIA CORPORATION COM 67066G104 228,380 1,000 SH Put SOLE 0 0 0 1,000
NVIDIA CORPORATION COM 67066G104 228,380 1,000 SH SOLE 0 0 0 1,000
PHILIP MORRIS INTL INC COM 718172109 20,618,765 108,053 SH SOLE 0 348 0 107,705
SPDR GOLD TR GOLD SHS 78463V107 23,231,240 61,000 SH Call SOLE 0 200 0 60,800
TRIUMPH FINANCIAL INC COM 89679E300 21,264,175 354,462 SH SOLE 0 926 0 353,536
UBER TECHNOLOGIES INC COM 90353T100 35,930,960 524,463 SH SOLE 0 1,529 0 522,934
VANECK ETF TRUST GOLD MINERS ETF 92189F106 307,300 3,500 SH SOLE 0 0 0 3,500
WISE GROUP PLC ORD SHS CLASS A G9723Y105 18,282,784 1,605,161 SH SOLE 0 4,487 0 1,600,674
WORLD GOLD TR SPDR GLD MINIS 98149E303 22,695,362 276,166 SH SOLE 0 764 0 275,402