Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ROYAL BANK OF CANADA	31,662,000	$34.65M	8.0%	—	—	NOTE 4.650% 1/2	780082AD5
GLD	SPDR GOLD TRUST	219,000	$27.52M	6.3%	—	—	SHS	78463V107
—	BANK OF NOVA SCOTIA	19,105,000	$20.38M	4.7%	—	—	NOTE 4.500%12/1	064159HB5
—	TORONTO DOMINION BK ONT	84,005	$10.03M	2.3%	—	—	NOTE 3.625% 9/1	891160MJ9
MSFT	MICROSOFT CORP	173,475	$9.992M	2.3%	—	—	COM	594918104
ORCL	ORACLE CORP	235,600	$9.254M	2.1%	—	—	COM	68389X105
C	CITIGROUP INC	181,366	$8.565M	2.0%	—	—	COM	172967424
AIZ	ASSURANT INC	92,200	$8.505M	2.0%	—	—	COM	04621X108
JPM	JPMORGAN CHASE & COMPANY	119,250	$7.94M	1.8%	—	—	COM	46625H100
PFE	PFIZER INC	215,491	$7.298M	1.7%	—	—	COM	717081103
LNC	LINCOLN NATIONAL CORP INDIANA	144,600	$6.793M	1.6%	—	—	COM	534187109
—	AETNA INC	53,000	$6.118M	1.4%	—	—	COM	00817Y108
LYB	LYONDELLBASELL INDU	75,000	$6.049M	1.4%	—	—	SHS	N53745100
CMCSA	COMCAST CORP	89,200	$5.917M	1.4%	—	—	CL A	20030N101
MC	MOELIS & CO	218,337	$5.871M	1.4%	—	—	CL A	60786M105
GLW	CORNING INC	239,105	$5.654M	1.3%	—	—	COM	219350105
—	ANADARKO PETROLEUM CORP	87,860	$5.566M	1.3%	—	—	COM	032511107
—	PIONEER NATURAL RESOURCES CO	26,800	$4.975M	1.1%	—	—	COM	723787107
TRV	TRAVELERS COS INC/THE	43,000	$4.925M	1.1%	—	—	COM	89417E109
FDX	FEDEX CORPORATION	27,000	$4.716M	1.1%	—	—	COM	31428X106
TEX	TEREX CORP	180,633	$4.589M	1.1%	—	—	COM	880779103
OXY	OCCIDENTAL PETROLEUM	56,866	$4.146M	1.0%	—	—	COM	674599105
ETN	EATON CORP PLC	62,676	$4.118M	1.0%	—	—	SHS	G29183103
WHR	WHIRLPOOL CORPORATION	25,000	$4.054M	0.9%	—	—	COM	963320106
DAL	DELTA AIR LINES INC	98,440	$3.874M	0.9%	—	—	COM NEW	247361702
UAL	UAL CORP	73,800	$3.872M	0.9%	—	—	COM	910047109
ON	ON SEMICONDUCTOR CORPORATION	313,944	$3.867M	0.9%	—	—	COM	682189105
EOG	EOG RES INC COM	38,000	$3.674M	0.8%	—	—	COM	26875P101
AAL	AMERICAN AIRLINES GROUP INC	92,200	$3.375M	0.8%	—	—	COM	02376R102
—	DOW CHEMICAL CORP	63,530	$3.292M	0.8%	—	—	COM	260543103
MUR	MURPHY OIL CORP COM	107,025	$3.253M	0.8%	—	—	COM	626717102
—	TRIBUNE MEDIA CO	88,445	$3.23M	0.7%	—	—	CL A	896047503
—	ROYAL DUTCH SHELL PLC	63,048	$3.156M	0.7%	—	—	SPONSORED ADR	780259206
DHI	DR HORTON INC	104,200	$3.146M	0.7%	—	—	COM	23331A109
—	COVANTA HOLDING CORP	201,706	$3.104M	0.7%	—	—	COM	22282E102
HPE	HEWLETT PACKARD ENTERPRISE C	133,655	$3.04M	0.7%	—	—	COM	42824C109
—	APACHE CORP	47,450	$3.03M	0.7%	—	—	COM	037411105
BAC	BANK OF AMERICA CORP	190,900	$2.987M	0.7%	—	—	COM	060505104
—	NEW SR INVT GROUP INC	250,655	$2.892M	0.7%	—	—	COM	648691103
MS	MORGAN STANLEY	86,700	$2.779M	0.6%	—	—	COM	617446448
—	CVR PARTNERS LP	502,664	$2.664M	0.6%	—	—	COM	126633106
VOYA	VOYA FINL INC	91,675	$2.642M	0.6%	—	—	COM	929089100
VNO	VORNADO RLTY TR SH BEN INT	25,915	$2.622M	0.6%	—	—	SH BEN INT	929042109
AVT	AVNET INC	62,025	$2.546M	0.6%	—	—	COM	053807103
—	SEAGATE TECHNOLOGY PLC SHS	65,025	$2.506M	0.6%	—	—	SHS	G7945M107
TEVA	TEVA PHARMACEUTICAL INDS LTD	53,000	$2.438M	0.6%	—	—	COM	881624209
DVN	DEVON ENERGY CORP	54,900	$2.421M	0.6%	—	—	COM	25179M103
—	BARRICK GOLD CORP	128,640	$2.279M	0.5%	—	—	COM	067901108
BEN	FRANKLIN RESOURCES INC	63,450	$2.256M	0.5%	—	—	COM	354613101
—	MONSANTO CO	21,435	$2.19M	0.5%	—	—	COM	61166W101
AIG	AMERICAN INTERNATIONAL GROUP	36,850	$2.186M	0.5%	—	—	COM NEW	026874784
GS	GOLDMAN SACHS GROUP INC	13,500	$2.177M	0.5%	—	—	COM	38141G104
KBR	KBR INC	141,059	$2.134M	0.5%	—	—	COM	48242W106
LEN	LENNAR CORP	50,000	$2.117M	0.5%	—	—	CL A	526057104
HPQ	HP INC	133,655	$2.075M	0.5%	—	—	COM	40434L105
COF	CAPITAL ONE FINL CORP	28,750	$2.065M	0.5%	—	—	COM	14040H105
—	SUPERIOR ENERGY SERVICES INC	114,975	$2.058M	0.5%	—	—	COM	868157108
CSCO	CISCO SYSTEMS INC	64,600	$2.049M	0.5%	—	—	COM	17275R102
OMC	OMNICOM GROUP INC COM	23,900	$2.031M	0.5%	—	—	COM	681919106
MET	METLIFE INC	45,050	$2.001M	0.5%	—	—	COM	59156R108
WMT	WAL-MART STORES INC	26,625	$1.92M	0.4%	—	—	COM	931142103
LAMR	LAMAR ADVERTISING CO	29,125	$1.902M	0.4%	—	—	CL A	512816109
—	STAPLES INC	220,653	$1.886M	0.4%	—	—	COM	855030102
GM	GENERAL MOTORS CO	59,000	$1.874M	0.4%	—	—	COM	37045V100
DOV	DOVER CORP	25,150	$1.852M	0.4%	—	—	COM	260003108
BP	BP PLC	52,382	$1.841M	0.4%	—	—	SPONSORED ADR	055622104
GLNG	GOLAR LNG LTD	86,663	$1.837M	0.4%	—	—	SHS	G9456A100
GTLS	CHART INDUSTRIES INC	55,750	$1.83M	0.4%	—	—	COM	16115Q308
ASB	ASSOCIATED BANC-CORP	91,050	$1.783M	0.4%	—	—	COM	045487105
AER	AERCAP HOLDINGS NV	46,100	$1.774M	0.4%	—	—	SHS	N00985106
—	JOY GLOBAL INC	62,655	$1.738M	0.4%	—	—	COM	481165108
AXS	AXIS CAPITAL HOLDINGS LTD	31,728	$1.723M	0.4%	—	—	SHS	G0692U109
BKD	BROOKDALE SENIOR LIVING INC	97,675	$1.704M	0.4%	—	—	COM	112463104
PH	PARKER HANNIFIN CORP	13,525	$1.697M	0.4%	—	—	COM	701094104
—	AMERICAN EQTY INVT LIFE HLD COM	94,206	$1.67M	0.4%	—	—	COM	025676206
CVE	CENOVUS ENERGY INC COM	115,075	$1.65M	0.4%	—	—	COM	15135U109
ABT	ABBOTT LABORATORIES	38,475	$1.627M	0.4%	—	—	COM	002824100
—	HESS CORP COM	30,186	$1.618M	0.4%	—	—	COM	42809H107
F	FORD MOTOR COMPANY	133,275	$1.608M	0.4%	—	—	COM	345370860
—	MASONITE INTERNATIONAL CORP	25,831	$1.605M	0.4%	—	—	COM	575385109
INTC	INTEL CORP	42,475	$1.603M	0.4%	—	—	COM	458140100
HAL	HALLIBURTON CO COM	35,700	$1.602M	0.4%	—	—	COM	406216101
—	TRIPLE-S MANAGEMENT CORP	72,125	$1.581M	0.4%	—	—	CL B	896749108
STT	STATE STR CORP	22,400	$1.559M	0.4%	—	—	COM	857477103
—	ACTUANT CORP	67,120	$1.559M	0.4%	—	—	CL A	00508X203
—	ANIXTER INTL INC COM	23,909	$1.542M	0.4%	—	—	COM	035290105
—	HILTON WORLDWIDE HLDGS INC	67,250	$1.542M	0.4%	—	—	COM	43300A104
WBS	WEBSTER FINANCIAL CORP	40,075	$1.523M	0.4%	—	—	COM	947890109
—	DELL TECHNOLOGIES INC	31,815	$1.52M	0.4%	—	—	CL V	24703L103
—	SYNOVUS FINANCIAL CORP	46,046	$1.497M	0.3%	—	—	COM	87161C501
NSIT	INSIGHT ENTERPRISES INC	45,278	$1.473M	0.3%	—	—	COM	45765U103
—	CUBIC CORP	31,350	$1.467M	0.3%	—	—	COM	229669106
ACM	AECOM	48,827	$1.451M	0.3%	—	—	COM	00766T100
SCSC	SCANSOURCE INC COM	39,548	$1.443M	0.3%	—	—	COM	806037107
XOM	EXXON MOBIL CORP	16,150	$1.409M	0.3%	—	—	COM	30231G102
UBS	UBS GROUP AG SHS	100,375	$1.367M	0.3%	—	—	SHS	H42097107
—	LIFEPOINT HEALTH INC	22,591	$1.338M	0.3%	—	—	COM	53219L109
UVV	UNIVERSAL CORP VA	22,892	$1.332M	0.3%	—	—	COM	913456109
—	ENDURANCE SPECIALTY HOLDINGS	20,250	$1.325M	0.3%	—	—	SHS	G30397106
JNJ	JOHNSON & JOHNSON	11,035	$1.303M	0.3%	—	—	COM	478160104
—	FIRST MIDWEST BANCORP INC/IL	65,675	$1.271M	0.3%	—	—	COM	320867104
DIOD	DIODES INC	56,544	$1.206M	0.3%	—	—	COM	254543101
KO	COCA COLA CO	28,500	$1.206M	0.3%	—	—	COM	191216100
—	ENBRIDGE ENERGY PARTNERS LP	46,740	$1.188M	0.3%	—	—	COM	29250R106
—	ASPEN INSURANCE HOLDINGS LTD	25,375	$1.182M	0.3%	—	—	SHS	G05384105
ACH	OWENS & MINOR INC	33,746	$1.171M	0.3%	—	—	COM	690732102
—	LINKEDIN CORP	5,840	$1.116M	0.3%	—	—	CL A	53578A108
TOL	TOLL BROTHERS INC	37,000	$1.104M	0.3%	—	—	ADR	889478103
CNO	CNO FINANCIAL GROUP	72,189	$1.102M	0.3%	—	—	COM	12621E103
RGA	REINSURANCE GROUP OF AMERICA	10,000	$1.079M	0.2%	—	—	COM NEW	759351604
IOSP	INORG CHEM NEC	17,631	$1.072M	0.2%	—	—	COM	45768S105
—	CEMPRA INC	43,610	$1.055M	0.2%	—	—	COM	15130J109
—	INTERPUBLIC GROUP COS INC	47,150	$1.053M	0.2%	—	—	COM	460690100
—	GRANITE REAL ESTATE INVESTMENT TRST	33,600	$1.03M	0.2%	—	—	UNIT	387437114
NWSA	NEWS CORP	73,225	$1.023M	0.2%	—	—	CL A	65249B109
—	GENERAL CABLE CORP	66,975	$1.003M	0.2%	—	—	COM	369300108
SRI	STONERIDGE INC	53,983	$993K	0.2%	—	—	COM	86183P102
DAN	DANA HOLDING CORP	63,165	$984K	0.2%	—	—	COM	235825205
WMB	WILLIAMS COS INC DEL COM	32,005	$983K	0.2%	—	—	COM	969457100
—	GOVERNMENT PROPERTIES INCOME	43,350	$980K	0.2%	—	—	COM SHS BEN INT	38376A103
—	ARGO GROUP INTERNATIONAL	17,094	$964K	0.2%	—	—	COM	G0464B107
TRS	TRIMAS CORP	51,825	$964K	0.2%	—	—	COM NEW	896215209
UPBD	RENT-A-CENTER INC	73,050	$923K	0.2%	—	—	COM	76009N100
VRTS	VIRTUS INVESTMENT PARTNERS	9,243	$904K	0.2%	—	—	COM	92828Q109
—	SCHNITZER STEEL INDS INC	43,175	$902K	0.2%	—	—	CL A	806882106
—	TUPPERWARE CORP	13,500	$882K	0.2%	—	—	COM	899896104
—	ESSENDANT INC	42,900	$880K	0.2%	—	—	COM	296689102
SAIC	SCIENCE APPLICATIONS INTE	12,600	$874K	0.2%	—	—	COM	808625107
—	TCF FINANCIAL CORP	59,825	$868K	0.2%	—	—	COM	872275102
CMCO	COLUMBUS MCKINNON CORP/NY	47,789	$852K	0.2%	—	—	COM	199333105
CAT	CATERPILLAR INC	9,205	$817K	0.2%	—	—	COM	149123101
FHN	FIRST HORIZON NATIONAL CORP	52,700	$802K	0.2%	—	—	COM	320517105
—	ELECTRUM SPECIAL ACQUISITION	78,949	$791K	0.2%	—	—	COM	G3105C120
—	APOLLO GLOBAL MANAGEMENT	43,700	$784K	0.2%	—	—	CLA SHS	037612306
—	ARRIS INTL INC SHS	27,216	$771K	0.2%	—	—	HS	G0551A103
—	ICONIX BRAND GROUP INC	93,187	$756K	0.2%	—	—	COM	451055107
WSFS	WSFS FINANCIAL CORP	20,675	$754K	0.2%	—	—	COM	929328102
GOOGL	ALPHABET INC CAP STK CL A	935	$751K	0.2%	—	—	CL A	02079K305
FCNCA	FIRST CITIZENS BCSHS	2,545	$747K	0.2%	—	—	CL A	31946M103
NWS	NEWS CORP	51,275	$729K	0.2%	—	—	CL B	65249B208
TTEK	TETRA TECH INC	20,456	$725K	0.2%	—	—	COM	88162G103
—	PARK STERLING CORP	88,466	$718K	0.2%	—	—	COM	70086Y105
—	LEXMARK INTL GROUP INC	17,499	$699K	0.2%	—	—	CL A	529771107
—	FUELCELL ENERGY INC	123,394	$668K	0.2%	—	—	COM NEW	35952H502
—	KADMON HLDGS INC	9,205	$616K	0.1%	—	—	COM	48283N106
NG	NOVAGOLD RESOURCES INC	109,110	$611K	0.1%	—	—	COM NEW	66987E206
—	TEEKAY TANKERS LTD	232,650	$588K	0.1%	—	—	CL A	Y8565N102
—	BB&T CORP	15,150	$571K	0.1%	—	—	COM	054937107
KALU	KAISER ALUMINUM CORP	6,500	$562K	0.1%	—	—	COM	483007704
CRS	CARPENTER TECHNOLOGY	13,336	$550K	0.1%	—	—	COM	144285103
—	WILLIAM LYON HOMES	28,800	$534K	0.1%	—	—	CL A NEW	552074700
—	ARC DOCUMENT SOLUTIONS INC	134,475	$502K	0.1%	—	—	COM	00191G103
—	GREAT PLAINS ENERGY INC	18,100	$493K	0.1%	—	—	COM	391164100
NVRI	HARSCO CORP	49,300	$489K	0.1%	—	—	COM	415864107
ROCK	GIBRALTAR INDUSTRIES INC	13,131	$487K	0.1%	—	—	COM	374689107
NRG	NRG ENERGY INC	42,341	$474K	0.1%	—	—	COM NEW	629377508
EZPW	EZCORP INC	41,100	$454K	0.1%	—	—	CL A	302301106
POR	PORTLAND GENERAL ELECTRIC	10,200	$434K	0.1%	—	—	COM	736508847
—	JIVE SOFTWARE INC	100,553	$428K	0.1%	—	—	COM	47760A108
CMTL	COMTECH TELECOMMUNICATIONS	30,219	$387K	0.1%	—	—	COM	205826209
—	OCI PARTNERS LP	65,496	$387K	0.1%	—	—	COM UNIT REP LP	67091N108
—	HERTZ GLOBAL HLDGS INC	8,220	$330K	0.1%	—	—	COM	42806J106
GNW	GENWORTH FINANCIAL INC	62,650	$310K	0.1%	—	—	CL A	37247D106
DRH	DIAMONDROCK HOSPITALITY CO	33,571	$305K	0.1%	—	—	COM	252784301
AGX	ARGAN INC	4,789	$283K	0.1%	—	—	COM	04010E109
UFPT	UFP TECHNOLOGIES INC	9,961	$263K	0.1%	—	—	COM	902673102
MLR	MILLER INDUSTRIES INC/TENN	10,973	$250K	0.1%	—	—	COM	600551204
CNMD	CONMED CORP	5,503	$220K	0.1%	—	—	COM	207410101
THC	TENET HEALTHCARE CORP	9,725	$220K	0.1%	—	—	COM NEW	88033G407
NNI	NELNET INC	5,300	$213K	0.0%	—	—	CL A	64031N108
MERC	MERCER INTL INC	19,510	$165K	0.0%	—	—	COM	588056101
—	WESCO AIRCRAFT HLDGS INC	12,323	$165K	0.0%	—	—	COM	950814103
—	CATCHMARK TIMBER TR INC	13,960	$163K	0.0%	—	—	CL A	14912Y202
ENVA	ENOVA INTERNATIONAL INC-W/I	16,025	$155K	0.0%	—	—	COM	29357K103
—	HEALTHSOUTH CORP	53,352	$129K	0.0%	—	—	WARRANT	421924127
—	MAXWELL TECHNOLOGIES INC	15,321	$79,000	0.0%	—	—	COM	577767106
—	HEALTH INSURANCE INNOVATION	14,859	$78,000	0.0%	—	—	COM CL A	42225K106