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          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2019-01-01</AcquiredDt>
          <SoldDt>2020-12-21</SoldDt>
          <GrossSalesPriceAmt>45922</GrossSalesPriceAmt>
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        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>TJX COMPANIES INC TJX XXX-XX-XXXX</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2019-01-01</AcquiredDt>
          <SoldDt>2020-12-28</SoldDt>
          <GrossSalesPriceAmt>131312</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>83191</CostOrOtherBasisAmt>
          <GainOrLossAmt>48121</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>48121</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ULTA BEAUTY INC COM ULTA 90384S303</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2019-01-01</AcquiredDt>
          <SoldDt>2020-12-21</SoldDt>
          <GrossSalesPriceAmt>14926</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>9525</CostOrOtherBasisAmt>
          <GainOrLossAmt>5401</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>5401</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>V F CORP COM NPV VFC XXX-XX-XXXX</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2019-01-01</AcquiredDt>
          <SoldDt>2020-12-21</SoldDt>
          <GrossSalesPriceAmt>87143</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>56809</CostOrOtherBasisAmt>
          <GainOrLossAmt>30334</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>30334</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>WASTE MANAGEMENT INC WM 94106L109</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2019-01-01</AcquiredDt>
          <SoldDt>2020-12-21</SoldDt>
          <GrossSalesPriceAmt>83604</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>79814</CostOrOtherBasisAmt>
          <GainOrLossAmt>3790</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>3790</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>ZOETIS INC ZTS 98978V103</PropertyDesc>
          <HowAcquiredCd>D</HowAcquiredCd>
          <AcquiredDt>2019-01-01</AcquiredDt>
          <SoldDt>2020-12-21</SoldDt>
          <GrossSalesPriceAmt>134052</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>84754</CostOrOtherBasisAmt>
          <GainOrLossAmt>49298</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>49298</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN FROM PASSTHROUGH - CONTEXT PARTNERS OFFSHORE FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2020-01-01</AcquiredDt>
          <SoldDt>2020-12-31</SoldDt>
          <GrossSalesPriceAmt>201946</GrossSalesPriceAmt>
          <GainOrLossAmt>201946</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>201946</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CAPITAL GAIN FROM PASSTHROUGH - CONTEXT PARTNERS OFFSHORE FUND</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-01-01</AcquiredDt>
          <SoldDt>2020-12-31</SoldDt>
          <GrossSalesPriceAmt>49726</GrossSalesPriceAmt>
          <GainOrLossAmt>49726</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>49726</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>1642587</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>26433</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>26433</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>26433</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>13713</EstimatedPlusOvpmtIncmTxAmt>
        <ExemptFrgnOrgTaxWthldAtSrceAmt>0</ExemptFrgnOrgTaxWthldAtSrceAmt>
        <ExtsnRequestIncomeTaxPaidAmt>30000</ExtsnRequestIncomeTaxPaidAmt>
        <BackupWithholdingWithheldAmt>0</BackupWithholdingWithheldAmt>
        <TotalPaymentsAndCreditsAmt>43713</TotalPaymentsAndCreditsAmt>
        <EsPenaltyAmt>0</EsPenaltyAmt>
        <OverpaymentAmt>17280</OverpaymentAmt>
        <AppliedToESTaxAmt>17280</AppliedToESTaxAmt>
        <RefundAmt>0</RefundAmt>
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      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>0</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>0</MoreThan100SpentInd>
        <Form1120POLFiledInd>0</Form1120POLFiledInd>
        <Section4955OrganizationTaxAmt>0</Section4955OrganizationTaxAmt>
        <Section4955ManagersTaxAmt>0</Section4955ManagersTaxAmt>
        <TaxReimbursedAmt>0</TaxReimbursedAmt>
        <ActivitiesNotPreviouslyRptInd>0</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>0</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>0</UnrelatedBusIncmOverLimitInd>
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        <OrgReportOrRegisterStateCd>TX</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>1</Form990PFFiledWithAttyGenInd>
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        <OwnControlledEntityInd>0</OwnControlledEntityInd>
        <DonorAdvisedFundInd>0</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>1</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <IndividualWithBooksNm>CAROLINE BAKER</IndividualWithBooksNm>
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        <LocationOfBooksUSAddress>
          <AddressLine1Txt>2229 SAN FELIPE STE 1250</AddressLine1Txt>
          <CityNm>HOUSTON</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>77019</ZIPCd>
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        <ForeignAccountsQuestionInd>0</ForeignAccountsQuestionInd>
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      <StatementsRegardingActy4720Grp>
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        <BrrwOrLendDisqualifiedPrsnInd>0</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>0</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>0</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>0</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>0</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>0</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>0</UndistributedIncomePYInd>
        <BusinessHoldingsInd>0</BusinessHoldingsInd>
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        <UncorrectedPYJeopardyInvstInd>0</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>0</InfluenceLegislationInd>
        <InfluenceElectionInd>0</InfluenceElectionInd>
        <GrantsToIndividualsInd>0</GrantsToIndividualsInd>
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        <NoncharitablePurposeInd>0</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>0</RcvFndsToPayPrsnlBnftCntrctInd>
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        <ProhibitedTaxShelterTransInd>0</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>0</SubjToTaxRmnrtnExPrchtPymtInd>
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      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOHN L NAU III</PersonNm>
          <USAddress>
            <AddressLine1Txt>2229 SAN FELIPE STE 1250</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77019</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT, DIRECTOR</TitleTxt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ELIZABETH NAU STEPANIAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>2229 SAN FELIPE STE 1250</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77019</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
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          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>VICTORIA NAU JOHNSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>2229 SAN FELIPE STE 1250</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77019</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROBERT BOBLITT</PersonNm>
          <USAddress>
            <AddressLine1Txt>2229 SAN FELIPE STE 1250</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77019</ZIPCd>
          </USAddress>
          <TitleTxt>SECRETARY, DIRECTOR</TitleTxt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ROXANN NEUMANN</PersonNm>
          <USAddress>
            <AddressLine1Txt>2229 SAN FELIPE STE 1250</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77019</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.00</AverageHrsPerWkDevotedToPosRt>
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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <PersonNm>WL GRAY JR</PersonNm>
          <USAddress>
            <AddressLine1Txt>900 20TH AVE SOUTH SUITE 1305</AddressLine1Txt>
            <CityNm>NASHVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37212</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT ADVISORY SERVICES</ServiceTypeTxt>
          <CompensationAmt>114797</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>37878386</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>7756</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>37886142</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AcquisitionIndebtednessAmt>0</AcquisitionIndebtednessAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>37886142</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>568292</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>37317850</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>1865893</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>1865893</MinimumInvestmentReturnAmt>
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        <RecoveriesQualfiedDistriAmt>0</RecoveriesQualfiedDistriAmt>
        <DistributableBeforeDedAmt>1839460</DistributableBeforeDedAmt>
        <DeductionFromDistributableAmt>0</DeductionFromDistributableAmt>
        <DistributableAsAdjustedAmt>1839460</DistributableAsAdjustedAmt>
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      <QualifyingDistriPartXIIGrp>
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        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>6391834</QualifyingDistributionsAmt>
        <PctSect4940eOrgNetInvstIncmAmt>0</PctSect4940eOrgNetInvstIncmAmt>
        <AdjustedQualifyingDistriAmt>6391834</AdjustedQualifyingDistriAmt>
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      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>1839460</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>0</UndistributedIncomePYAmt>
        <TotalForPriorYearsAmt>0</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>93496</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>252108</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>560997</ExcessDistributionCyovYr3Amt>
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        <QualifyingDistributionsAmt>6391834</QualifyingDistributionsAmt>
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        <AppliedToPriorYearsAmt>0</AppliedToPriorYearsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <AppliedToCurrentYearAmt>1839460</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>4552374</RemainingDistriFromCorpusAmt>
        <ExcessDistriCyovAppCYCorpusAmt>0</ExcessDistriCyovAppCYCorpusAmt>
        <ExcessDistributionCyovAppCYAmt>0</ExcessDistributionCyovAppCYAmt>
        <TotalCorpusAmt>6107999</TotalCorpusAmt>
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        <PriorYearDeficiencyOrTaxAmt>0</PriorYearDeficiencyOrTaxAmt>
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        <ExcessFromYear1Amt>444307</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>4552374</ExcessFromCurrentYearAmt>
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      <SupplementaryInformationGrp>
        <ContributingManagerNm>JOHN L NAU III</ContributingManagerNm>
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        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SUL ROSS BORDERLAND RESEARCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX C-21</AddressLine1Txt>
            <CityNm>ALPINE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79832</ZIPCd>
          </RecipientUSAddress>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE COLLEGE FOUNDATION OF UVA</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 400807</AddressLine1Txt>
            <CityNm>CHARLOTTESVILLE</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22904</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
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        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE UT FOUNDATION</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>ONE UTSA CIRCLE NORTH PASEO</AddressLine1Txt>
            <AddressLine2Txt>BUILDING 5102</AddressLine2Txt>
            <CityNm>SAN ANTONIO</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>78249</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>METHODIST HOSPITAL FOUNDATION</BusinessNameLine1Txt>
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          <RecipientUSAddress>
            <AddressLine1Txt>1707 SUNSET BLVD</AddressLine1Txt>
            <CityNm>HOUSTON</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>77005</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>375000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>UNIVERSITY OF VIRGINIA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 400331</AddressLine1Txt>
            <CityNm>CHARLOTTESVILLE</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>229044331</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>5200000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>6390000</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SUL ROSS BORDERLAND RESEARCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX C-21</AddressLine1Txt>
            <CityNm>ALPINE</CityNm>
            <StateAbbreviationCd>TX</StateAbbreviationCd>
            <ZIPCd>79832</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
          <Amt>900000</Amt>
        </GrantOrContriApprvForFutGrp>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>THE COLLEGE FOUNDATION OF UVA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 400110</AddressLine1Txt>
            <CityNm>CHARLOTTESVILLE</CityNm>
            <StateAbbreviationCd>VA</StateAbbreviationCd>
            <ZIPCd>22904</ZIPCd>
          </RecipientUSAddress>
          <RecipientRelationshipTxt>N/A</RecipientRelationshipTxt>
          <RecipientFoundationStatusTxt>PUBLIC CHARITY</RecipientFoundationStatusTxt>
          <GrantOrContributionPurposeTxt>EDUCATION</GrantOrContributionPurposeTxt>
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        <EOYFMVAmt>95690</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LINDE PLC COM</StockNm>
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        <EOYFMVAmt>159765</EOYFMVAmt>
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        <StockNm>LIVENT CORP COM</StockNm>
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        <EOYFMVAmt>17050</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>LVMH MOET HENNESSY LOUIS VUITTON</StockNm>
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        <EOYFMVAmt>155028</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MAIN STREET CAPITAL CORP COM</StockNm>
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        <EOYFMVAmt>174367</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MARRIOTT INTERNATIONAL INC COM</StockNm>
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        <EOYFMVAmt>31717</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MARRIOTT VACTINS WORLDWID CORP COM</StockNm>
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        <EOYFMVAmt>18775</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MASTERCARD INC CL A</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MEDTRONIC PLC</StockNm>
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      <InvestmentsCorporateStockGrp>
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        <EOYFMVAmt>67208</EOYFMVAmt>
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        <StockNm>MICROSOFT CORP</StockNm>
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        <EOYFMVAmt>1052914</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
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        <StockNm>MONSTER BEVERAGE CORP NEW COM</StockNm>
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        <EOYFMVAmt>37454</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>MSCI INC COM</StockNm>
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        <EOYFMVAmt>48629</EOYFMVAmt>
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        <StockNm>NEXTERA ENERGY INC COM</StockNm>
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        <EOYFMVAmt>67486</EOYFMVAmt>
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        <StockNm>ORACLE CORP COM</StockNm>
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        <EOYFMVAmt>65288</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>OREILLY AUTOMOTIVE INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>OTIS WORLDWIDE CORP COM</StockNm>
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        <EOYFMVAmt>36489</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PAYPAL HLDGS INC COM</StockNm>
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        <EOYFMVAmt>234200</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PAYPAL HOLDINGS INC</StockNm>
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        <EOYFMVAmt>117100</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PENTAIR PLC SHS</StockNm>
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        <StockNm>PEPSICO INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PRA HEALTH SCIENCES INC COM</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PROGRESSIVE CORP OHIO</StockNm>
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        <EOYFMVAmt>98880</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>PTC INC OCM</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>QUALCOMM INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>RAYONIER ADVANCED MATLS INC COM</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>RAYTHEON CO COM NEW</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>REXNORD CORPORATION COM</StockNm>
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        <StockNm>ROPER TECNHOLOGIES INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SBA COMMUNICATIONS CORP NEW CL A</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SCHWAB CHARLES CORP COM</StockNm>
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        <EOYFMVAmt>126411</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SKYWORKS SOLUTIONS INC OCM</StockNm>
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        <EOYFMVAmt>31180</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>SPROUTS FMRS MKT INC COM</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>STRYKER CORP</StockNm>
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        <StockNm>T MOBILE US INC COM</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TARGET CORP COM</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TELEFLEX INC</StockNm>
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        <EOYFMVAmt>40490</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TEXAS INSTRUMENTS INC COM</StockNm>
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        <EOYFMVAmt>105510</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>THERMO FISHER SCIENTIFIC INC</StockNm>
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        <EOYFMVAmt>194097</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TRACTOR SUPPLY CO</StockNm>
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        <EOYFMVAmt>30176</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>TRANSUNION COM</StockNm>
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        <EOYFMVAmt>40923</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNION PACIFIC CORP COM</StockNm>
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        <EOYFMVAmt>142237</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNITED HEALTH GROUP</StockNm>
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        <EOYFMVAmt>244306</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>UNIVERSAL HEALTH SVCS INC CL B</StockNm>
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        <EOYFMVAmt>26591</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>US BANCORP DEL COM</StockNm>
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        <EOYFMVAmt>134486</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>V F CORM COM</StockNm>
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        <EOYFMVAmt>555</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VISA INC COM</StockNm>
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        <EOYFMVAmt>915978</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>VODAFONE GROUP PLC SPON ADR</StockNm>
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        <EOYFMVAmt>28840</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WELLS FARGO CO NEW COM</StockNm>
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        <EOYFMVAmt>50860</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WESTERN ALLIANCE BANCORP</StockNm>
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        <EOYFMVAmt>33546</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>WEX INC OCM</StockNm>
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        <EOYFMVAmt>29919</EOYFMVAmt>
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      <InvestmentsCorporateStockGrp>
        <StockNm>XILINX INC</StockNm>
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      <InvestmentsCorporateStockGrp>
        <StockNm>XYLEM INC COM</StockNm>
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      <USGovtObligationsEOYFMVAmt>4087033</USGovtObligationsEOYFMVAmt>
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        <EOYFMVAmt>209862</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN FUNDS CAPITAL WORLD GROWTH &amp; INCOME FUND CLASS F2</CategoryOrItemTxt>
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        <BookValueAmt>241854</BookValueAmt>
        <EOYFMVAmt>241854</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AMERICAN FUNDS FUNDAMENTAL INVESTORS FUND CLASS F2</CategoryOrItemTxt>
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        <EOYFMVAmt>188905</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIRST EAGLE GLOBAL FUNDS CLASS I</CategoryOrItemTxt>
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        <EOYFMVAmt>341598</EOYFMVAmt>
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      <InvestmentsOtherGrp>
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        <EOYFMVAmt>252115</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NATIXIS VAUGHAN NELSON VALUE OPP FUND CLASS Y</CategoryOrItemTxt>
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        <EOYFMVAmt>171229</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>OAKMARK EQUITY &amp; INCOME FUND CLASS I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>170055</EOYFMVAmt>
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      <InvestmentsOtherGrp>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WARRANTS OCCIDENTAL PETROLEUM</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>1703</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>FIDELITY CONSERVATIV INCOME BOND FD CL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>FMV</ListedAtCostOrFMVCd>
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        <EOYFMVAmt>10030614</EOYFMVAmt>
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      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ARMISTICE CAPITAL OFFSHORE FUND</CategoryOrItemTxt>
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        <EOYFMVAmt>1051650</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CONTEXT PARTNERS OFFSHORE, LTD</CategoryOrItemTxt>
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        <EOYFMVAmt>2893851</EOYFMVAmt>
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        <NetInvestmentIncomeAmt>135001</NetInvestmentIncomeAmt>
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        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
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        <RevenueAndExpensesPerBooksAmt>59</RevenueAndExpensesPerBooksAmt>
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        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>59</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>OTHER DEDUCTIONS FROM PASSTRHOUGH - CONTEXT PARTNERS OFFSHORE FUND</Desc>
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        <NetInvestmentIncomeAmt>13189</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>0</DisbursementsCharitablePrpsAmt>
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        <Desc>CAPITAL GAIN DISTRIBUTION</Desc>
        <RevenueAndExpensesPerBooksAmt>44063</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>44063</NetInvestmentIncomeAmt>
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      <OtherIncomeDetail>
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        <RevenueAndExpensesPerBooksAmt>63914</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>63914</NetInvestmentIncomeAmt>
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      <OtherIncomeDetail>
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        <NetInvestmentIncomeAmt>-74887</NetInvestmentIncomeAmt>
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        <NetInvestmentIncomeAmt>2094</NetInvestmentIncomeAmt>
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</Return>
