Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	ROYAL BANK OF CANADA	31,662,000	$33.7M	7.5%	—	—	NOTE 4.650% 1/2	780082AD5
GLD	SPDR GOLD TRUST GOLD SHS	234,000	$25.65M	5.7%	—	—	SHS	78463V107
—	BANK OF NOVA SCOTIA	19,105,000	$19.63M	4.4%	—	—	NOTE 4.500% 12/1	064159HB5
—	ENBRIDGE INC	15,000,000	$15.06M	3.4%	—	—	NOTE 6.000% 1/1	29250NAN5
MSFT	MICROSOFT CORP COM	173,475	$10.78M	2.4%	—	—	COM	594918104
—	TORONTO DOMINION BK ONT	10,000,000	$9.865M	2.2%	—	—	NOTE 3.625% 9/1	891160MJ9
JPM	JPMORGAN CHASE & CO COM	110,675	$9.55M	2.1%	—	—	COM	46625H100
C	CITIGROUP INC COM NEW	158,271	$9.406M	2.1%	—	—	COM	172967424
LNC	LINCOLN NATL CORP IND COM	134,000	$8.88M	2.0%	—	—	COM	534187109
ORCL	ORACLE CORP COM	222,975	$8.573M	1.9%	—	—	COM	68389X105
—	COVANTA HLDG CORP COM	527,000	$8.221M	1.8%	—	—	COM	22282E102
MC	MOELIS & CO CL A	218,337	$7.401M	1.7%	—	—	CL A	60786M105
AIZ	ASSURANT INC COM	75,700	$7.029M	1.6%	—	—	COM	04621X108
—	AETNA INC NEW COM	53,000	$6.572M	1.5%	—	—	COM	00817Y108
LYB	LYONDELLBASELL INDUSTRIES N SHS - A -	75,000	$6.433M	1.4%	—	—	SHS	N53745100
—	ANADARKO PETE CORP COM	87,860	$6.126M	1.4%	—	—	COM	032511107
GLW	CORNING INC COM	239,105	$5.803M	1.3%	—	—	COM	219350105
CMCSA	COMCAST CORP NEW CL A	81,600	$5.634M	1.3%	—	—	CL A	20030N101
UAL	UNITED CONTL HLDGS INC COM	73,800	$5.378M	1.2%	—	—	COM	910047109
PFE	PFIZER INC COM	165,491	$5.375M	1.2%	—	—	COM	717081103
TRV	TRAVELERS COMPANIES INC COM	43,000	$5.264M	1.2%	—	—	COM	89417E109
DAL	DELTA AIR LINES INC DEL COM NEW	98,440	$4.842M	1.1%	—	—	COM NEW	247361702
—	PIONEER NAT RES CO COM	26,800	$4.825M	1.1%	—	—	COM	723787107
FDX	FEDEX CORP COM	25,100	$4.673M	1.0%	—	—	COM	31428X106
WHR	WHIRLPOOL CORP COM	25,000	$4.544M	1.0%	—	—	COM	963320106
ETN	EATON CORP PLC SHS	62,676	$4.204M	0.9%	—	—	SHS	G29183103
EOG	EOG RES INC COM	38,000	$3.841M	0.9%	—	—	COM	26875P101
TEX	TEREX CORP NEW COM	120,619	$3.803M	0.8%	—	—	COM	880779103
AAL	AMERICAN AIRLS GROUP INC COM	78,700	$3.674M	0.8%	—	—	COM	02376R102
—	DOW CHEM CO COM	63,530	$3.635M	0.8%	—	—	COM	260543103
VOYA	VOYA FINL INC COM	91,675	$3.595M	0.8%	—	—	COM	929089100
—	TRIBUNE MEDIA CO CL A	100,175	$3.504M	0.8%	—	—	CL A	896047503
GS	GOLDMAN SACHS GROUP INC COM	13,500	$3.232M	0.7%	—	—	COM	38141G104
—	ROYAL DUTCH SHELL PLC SPONS ADR A	59,379	$3.229M	0.7%	—	—	SPONSORED ADR	780259206
ON	ON SEMICONDUCTOR CORP COM	241,165	$3.077M	0.7%	—	—	COM	682189105
MS	MORGAN STANLEY COM NEW	72,800	$3.075M	0.7%	—	—	COM	617446448
BAC	BANK AMER CORP COM	137,525	$3.039M	0.7%	—	—	COM	060505104
—	CVR PARTNERS LP COM	502,664	$3.021M	0.7%	—	—	COM	126633106
HPE	HEWLETT PACKARD ENTERPRISE C COM	130,205	$3.012M	0.7%	—	—	COM	42824C109
—	APACHE CORP COM	47,450	$3.011M	0.7%	—	—	COM	037411105
AVT	AVNET INC COM	61,300	$2.918M	0.7%	—	—	COM	053807103
—	AMTRUST FINL SVCS INC COM	105,000	$2.874M	0.6%	—	—	COM	032359309
DHI	D R HORTON INC COM	104,200	$2.847M	0.6%	—	—	COM	23331A109
VNO	VORNADO RLTY TR SH BEN INT	25,915	$2.704M	0.6%	—	—	SH BEN INT	929042109
BEN	FRANKLIN RES INC COM	63,450	$2.511M	0.6%	—	—	COM	354613101
DVN	DEVON ENERGY CORP NEW COM	54,900	$2.507M	0.6%	—	—	COM	25179M103
MUR	MURPHY OIL CORP COM	80,380	$2.502M	0.6%	—	—	COM	626717102
AIG	AMERICAN INTL GROUP INC COM NEW	36,850	$2.406M	0.5%	—	—	COM NEW	026874784
CTRA	CABOT OIL & GAS CORP COM	100,000	$2.336M	0.5%	—	—	COM	127097103
COF	CAPITAL ONE FINL CORP COM	26,400	$2.303M	0.5%	—	—	COM	14040H105
—	MONSANTO CO NEW COM	21,435	$2.255M	0.5%	—	—	COM	61166W101
OMC	OMNICOM GROUP INC COM	26,200	$2.229M	0.5%	—	—	COM	681919106
MET	METLIFE INC COM	41,025	$2.21M	0.5%	—	—	COM	59156R108
—	HILTON WORLDWIDE HLDGS INC COM	79,250	$2.155M	0.5%	—	—	COM	43300A104
LEN	LENNAR CORP CL A	50,000	$2.146M	0.5%	—	—	CL A	526057104
KBR	KBR INC COM	126,919	$2.118M	0.5%	—	—	COM	48242W106
—	HESS CORP COM	33,611	$2.093M	0.5%	—	—	COM	42809H107
CTSH	COGNIZANT TECHNOLOGY SOLUTIO CL A	37,025	$2.074M	0.5%	—	—	CLA	192446102
—	BARRICK GOLD CORP COM	128,640	$2.055M	0.5%	—	—	COM	067901108
—	CIGNA CORPORATION COM	15,325	$2.044M	0.5%	—	—	COM	125509109
—	STAPLES INC COM	220,653	$1.996M	0.4%	—	—	COM	855030102
GLNG	GOLAR LNG LTD BERMUDA SHS	86,663	$1.988M	0.4%	—	—	SHS	G9456A100
BP	BP PLC SPONSORED ADR	52,382	$1.958M	0.4%	—	—	SPONSORED ADR	055622104
CSCO	CISCO SYS INC COM	64,600	$1.952M	0.4%	—	—	COM	17275R102
DOV	DOVER CORP COM	25,150	$1.884M	0.4%	—	—	COM	260003108
LAMR	LAMAR ADVERTISING CO NEW CL A	27,925	$1.877M	0.4%	—	—	CL A	512816109
OXY	OCCIDENTAL PETE CORP DEL COM	24,966	$1.778M	0.4%	—	—	COM	674599105
HAL	HALLIBURTON CO COM	32,500	$1.757M	0.4%	—	—	COM	406216101
AXS	AXIS CAPITAL HOLDINGS LTD SHS	26,853	$1.752M	0.4%	—	—	SHS	G0692U109
—	DELL TECHNOLOGIES INC COM CL V	31,815	$1.748M	0.4%	—	—	CL V	24703L103
WMT	WAL-MART STORES INC COM	25,275	$1.747M	0.4%	—	—	COM	931142103
—	NEW SR INVT GROUP INC COM	176,740	$1.73M	0.4%	—	—	COM	648691103
—	SEAGATE TECHNOLOGY PLC SHS	42,900	$1.637M	0.4%	—	—	SHS	G7945M107
GM	GENERAL MTRS CO COM	46,980	$1.636M	0.4%	—	—	COM	37045V100
STT	STATE STR CORP COM	20,950	$1.628M	0.4%	—	—	COM	857477103
PH	PARKER HANNIFIN CORP COM	11,625	$1.627M	0.4%	—	—	COM	701094104
ASB	ASSOCIATED BANC CORP COM	65,513	$1.618M	0.4%	—	—	COM	045487105
F	FORD MOTOR COMPANY	133,275	$1.616M	0.4%	—	—	COM	345370860
—	MASONITE INTL CORP NEW COM	24,336	$1.601M	0.4%	—	—	COM	575385109
SCSC	SCANSOURCE INC COM	39,261	$1.584M	0.4%	—	—	COM	806037107
WBS	WEBSTER FINL CORP CONN COM	28,941	$1.57M	0.4%	—	—	COM	947890109
CVE	CENOVUS ENERGY INC COM	101,500	$1.532M	0.3%	—	—	COM	15135U109
—	ASPEN INSURANCE HOLDINGS LTD SHS	27,516	$1.513M	0.3%	—	—	SHS	G05384105
—	AMERICAN EQTY INVT LIFE HLD COM	65,164	$1.468M	0.3%	—	—	COM	025676206
XOM	EXXON MOBIL CORP COM	16,150	$1.457M	0.3%	—	—	COM	30231G102
UVV	UNIVERSAL CORP VA COM	22,770	$1.451M	0.3%	—	—	COM	913456109
—	SUPERIOR ENERGY SVCS INC COM	85,660	$1.445M	0.3%	—	—	COM	868157108
—	ACTUANT CORP CL A NEW	55,223	$1.433M	0.3%	—	—	CL A	00508X203
GTLS	CHART INDUSTRIES INC	39,092	$1.408M	0.3%	—	—	COM	16115Q308
INTC	INTEL CORP COM	38,625	$1.4M	0.3%	—	—	COM	458140100
—	SYNOVUS FINL CORP COM NEW	33,817	$1.389M	0.3%	—	—	COM	87161C501
HOPE	HOPE BANCORP INC COM	63,331	$1.386M	0.3%	—	—	COM	43940T109
NSIT	INSIGHT ENTERPRISES INC COM	33,796	$1.366M	0.3%	—	—	COM	45765U103
TRS	TRIMAS CORP COM NEW	57,132	$1.342M	0.3%	—	—	COM NEW	896215209
ABT	ABBOTT LABS COM	34,500	$1.325M	0.3%	—	—	COM	002824100
—	ANIXTER INTL INC COM	16,277	$1.319M	0.3%	—	—	COM	035290105
—	ESSENDANT INC COM	62,185	$1.299M	0.3%	—	—	COM	296689102
—	LIFEPOINT HEALTH INC COM	22,591	$1.283M	0.3%	—	—	COM	53219L109
AER	AERCAP HOLDINGS NV SHS	30,600	$1.273M	0.3%	—	—	SHS	N00985106
ACH	OWENS & MINOR INC NEW COM	36,057	$1.272M	0.3%	—	—	COM	690732102
JNJ	JOHNSON & JOHNSON COM	11,035	$1.271M	0.3%	—	—	COM	478160104
—	TRIPLE-S MGMT CORP CL B	59,447	$1.23M	0.3%	—	—	CL B	896749108
—	GRANITE REAL ESTATE INVESTMENT TRUST	36,300	$1.214M	0.3%	—	—	UNIT	387437114
BKD	BROOKDALE SR LIVING INC COM	97,675	$1.213M	0.3%	—	—	COM	112463104
—	CUBIC CORP COM	25,193	$1.208M	0.3%	—	—	COM	229669106
IOSP	INNOSPEC INC COM	17,631	$1.207M	0.3%	—	—	COM	45768S105
CNO	CNO FINL GROUP INC COM	62,789	$1.202M	0.3%	—	—	COM	12621E103
KO	COCA COLA CO COM	28,500	$1.181M	0.3%	—	—	COM	191216100
ACM	AECOM COM	32,202	$1.17M	0.3%	—	—	COM	00766T100
VRTS	VIRTUS INVT PARTNERS INC COM	9,889	$1.167M	0.3%	—	—	COM	92828Q109
TOL	TOLL BROTHERS INC COM	37,000	$1.147M	0.3%	—	—	ADR	889478103
—	ENDURANCE SPECIALTY HLDGS LT SHS	12,065	$1.114M	0.2%	—	—	SHS	G30397106
—	ARGO GROUP INTL HLDGS LTD COM	16,248	$1.07M	0.2%	—	—	COM	G0464B107
FHN	FIRST HORIZON NATL CORP COM	52,700	$1.054M	0.2%	—	—	COM	320517105
—	TCF FINL CORP COM	50,542	$990K	0.2%	—	—	COM	872275102
SAIC	SCIENCE APPLICATNS INTL CP N COM	11,500	$975K	0.2%	—	—	COM	808625107
FCNCA	FIRST CTZNS BANCSHARES INC N CL A	2,745	$974K	0.2%	—	—	CL A	31946M103
—	PARK STERLING CORP COM	88,466	$954K	0.2%	—	—	COM	70086Y105
—	GENERAL CABLE CORP DEL NEW COM	48,956	$932K	0.2%	—	—	COM	369300108
DAN	DANA INCORPORATED COM	47,041	$892K	0.2%	—	—	COM	235825205
DIOD	DIODES INC COM	34,184	$877K	0.2%	—	—	COM	254543101
CMCO	COLUMBUS MCKINNON CORP N Y COM	32,412	$876K	0.2%	—	—	COM	199333105
—	ICONIX BRAND GROUP INC COM	93,587	$874K	0.2%	—	—	COM	451055107
—	GOVERNMENT PPTYS INCOME TR COM SHS BEN INT	45,450	$866K	0.2%	—	—	COM SHS BEN INT	38376A103
CAT	CATERPILLAR INC DEL COM	9,205	$853K	0.2%	—	—	COM	149123101
—	FIRST MIDWEST BANCORP DEL COM	33,701	$850K	0.2%	—	—	COM	320867104
NWSA	NEWS CORP NEW CL A	73,225	$839K	0.2%	—	—	CL A	65249B109
—	ELECTRUM SPECIAL ACQUISITION CORP	78,949	$799K	0.2%	—	—	COM	G3105C120
CMTL	COMTECH TELECOMMUNICATIONS C COM NEW	64,519	$764K	0.2%	—	—	COM	205826209
HPQ	HP INC COM	50,055	$742K	0.2%	—	—	COM	40434L105
GOOGL	ALPHABET INC CAP STK CL A	935	$740K	0.2%	—	—	CL A	02079K305
—	TUPPERWARE BRANDS CORP COM	13,500	$710K	0.2%	—	—	COM	899896104
—	ARRIS INTL INC SHS	23,416	$705K	0.2%	—	—	HS	G0551A103
SRI	STONERIDGE INC COM	39,857	$705K	0.2%	—	—	COM	86183P102
WSFS	WSFS FINL CORP COM	15,073	$698K	0.2%	—	—	COM	929328102
UPBD	RENT A CTR INC NEW COM	58,020	$652K	0.1%	—	—	COM	76009N100
—	HOEGH LNG PARTNERS LP COM UNIT LTD	33,500	$636K	0.1%	—	—	COM	Y3262R100
NVRI	HARSCO CORP COM	44,700	$607K	0.1%	—	—	COM	415864107
—	TEEKAY TANKERS LTD CL A	257,350	$581K	0.1%	—	—	CLA	Y8565N102
—	APOLLO GLOBAL MGMT LLC CL A SHS	29,700	$574K	0.1%	—	—	CLA SHS	037612306
KALU	KAISER ALUMINUM CORP	7,100	$551K	0.1%	—	—	COM	483007704
—	LYON WILLIAM HOMES CL A NEW	28,800	$548K	0.1%	—	—	CL A NEW	552074700
WMB	WILLIAMS COS INC DEL COM	17,070	$531K	0.1%	—	—	COM	969457100
NRG	NRG ENERGY INC COM NEW	42,341	$519K	0.1%	—	—	COM NEW	629377508
NG	NOVAGOLD RES INC COM NEW	109,110	$497K	0.1%	—	—	COM NEW	66987E206
—	GREAT PLAINS ENERGY INC COM	18,100	$495K	0.1%	—	—	COM	391164100
CRS	CARPENTER TECHNOLOGY CORP COM	13,036	$471K	0.1%	—	—	COM	144285103
—	KADMON HLDGS INC COM	84,005	$449K	0.1%	—	—	COM	48283N106
POR	PORTLAND GEN ELEC CO COM NEW	10,200	$441K	0.1%	—	—	COM	736508847
—	ARC DOCUMENT SOLUTIONS INC COM	86,820	$441K	0.1%	—	—	COM	00191G103
EZPW	EZCORP INC CL A NON VTG	41,100	$437K	0.1%	—	—	CL A	302301106
—	JIVE SOFTWARE INC COM	100,553	$437K	0.1%	—	—	COM	47760A108
—	OM ASSET MGMT PLC SHS	28,733	$416K	0.1%	—	—	SHS	G67506108
—	WESCO AIRCRAFT HLDGS INC COM	27,870	$416K	0.1%	—	—	COM	950814103
DRH	DIAMONDROCK HOSPITALITY CO COM	33,571	$387K	0.1%	—	—	COM	252784301
NWS	NEWS CORP NEW CL B	30,775	$363K	0.1%	—	—	CL B	65249B208
ENVA	ENOVA INTL INC COM	25,125	$315K	0.1%	—	—	COM	29357K103
MLR	MILLER INDS INC TENN COM NEW	10,727	$283K	0.1%	—	—	COM	600551204
NNI	NELNET INC CL A	5,200	$263K	0.1%	—	—	CL A	64031N108
CNMD	CONMED CORP COM	5,503	$243K	0.1%	—	—	COM	207410101
MERC	MERCER INTL INC COM	22,810	$242K	0.1%	—	—	COM	588056101
GNW	GENWORTH FINL INC COM CL A	62,650	$238K	0.1%	—	—	CL A	37247D106
UFPT	UFP TECHNOLOGIES INC COM	8,731	$222K	0.0%	—	—	COM	902673102
—	VIRTUSA CORP COM	8,825	$221K	0.0%	—	—	COM	92827P102
—	PLY GEM HLDGS INC COM	13,250	$215K	0.0%	—	—	COM	72941W100
—	KAPSTONE PAPER & PACKAGING C COM	9,531	$210K	0.0%	—	—	COM	48562P103
—	CATCHMARK TIMBER TR INC CL A	13,960	$157K	0.0%	—	—	CL A	14912Y202