Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GLD	SPDR GOLD TRUST	214,000	$25.95M	5.6%	—	—	GOLD SHS	78463V107
MSFT	MICROSOFT CORP	179,900	$18.27M	3.9%	—	—	COM	594918104
JPM	JPMORGAN CHASE & CO	133,264	$13.01M	2.8%	—	—	COM	46625H100
CI	CIGNA ORD	64,500	$12.25M	2.6%	—	—	COM	125523100
—	DOWDUPONT INC	212,497	$11.36M	2.5%	—	—	COM	26078J100
C	CITIGROUP INC	202,580	$10.55M	2.3%	—	—	COM NEW	172967424
GM	GENERAL MTRS CO	307,255	$10.28M	2.2%	—	—	COM	37045V100
CSCO	CISCO SYS INC	234,600	$10.16M	2.2%	—	—	COM	17275R102
CMCSA	COMCAST CORP NEW	262,000	$8.921M	1.9%	—	—	CL A	20030N101
—	UNION BANKSHARES COR	313,649	$8.854M	1.9%	—	—	COM	90539J109
LYB	LYONDELLBASELL INDUS	103,200	$8.582M	1.9%	—	—	SHS - A -	N53745100
ORCL	ORACLE CORP	175,475	$7.923M	1.7%	—	—	COM	68389X105
MC	MOELIS & CO	218,337	$7.506M	1.6%	—	—	CL A	60786M105
KMI	KINDER MORGAN INC DE	476,000	$7.321M	1.6%	—	—	COM	49456B101
WDC	WESTERN DIGITAL CORP	195,000	$7.209M	1.6%	—	—	COM	958102105
GOOGL	ALPHABET INC	6,835	$7.142M	1.5%	—	—	CAP STK CL A	02079K305
MPC	MARATHON PETE CORP	121,000	$7.14M	1.5%	—	—	COM	56585A102
USFD	US FOODS HLDG CORP	212,000	$6.708M	1.4%	—	—	COM	912008109
WTW	WILLIS TOWERS WATSON	42,000	$6.378M	1.4%	—	—	SHS	G96629103
PFE	PFIZER INC	139,870	$6.105M	1.3%	—	—	COM	717081103
LNC	LINCOLN NATL CORP IN	112,600	$5.778M	1.2%	—	—	COM	534187109
—	COVANTA HLDG CORP	419,739	$5.633M	1.2%	—	—	COM	22282E102
GOOG	ALPHABET INC	5,300	$5.489M	1.2%	—	—	CAP STK CL C	02079K107
HCA	HCA HEALTHCARE INC	44,000	$5.476M	1.2%	—	—	COM	40412C101
NEAR	ISHARES US ETF TR	100,000	$4.985M	1.1%	—	—	SHT MAT BD ETF	46431W507
DAL	DELTA AIR LINES INC	98,440	$4.912M	1.1%	—	—	COM NEW	247361702
—	TWENTY FIRST CENTY F	99,062	$4.733M	1.0%	—	—	CL B	90130A200
AXTA	AXALTA COATING SYS L	183,000	$4.286M	0.9%	—	—	COM	G0750C108
FDX	FEDEX CORP	25,100	$4.049M	0.9%	—	—	COM	31428X106
—	HESS CORP	96,942	$3.926M	0.8%	—	—	COM	42809H107
FLEX	FLEX LTD	496,000	$3.775M	0.8%	—	—	ORD	Y2573F102
LKQ	LKQ CORP	158,000	$3.749M	0.8%	—	—	COM	501889208
HPE	HEWLETT PACKARD ENTE	282,554	$3.733M	0.8%	—	—	COM	42824C109
—	PIONEER NAT RES CO	26,800	$3.525M	0.8%	—	—	COM	723787107
ADI	ANALOG DEVICES INC	40,000	$3.433M	0.7%	—	—	COM	032654105
CSX	CSX CORP	55,000	$3.417M	0.7%	—	—	COM	126408103
EOG	EOG RES INC	38,000	$3.314M	0.7%	—	—	COM	26875P101
VZ	VERIZON COMMUNICATIO	58,715	$3.301M	0.7%	—	—	COM	92343V104
DHI	D R HORTON INC	94,200	$3.265M	0.7%	—	—	COM	23331A109
GLW	CORNING INC	107,935	$3.261M	0.7%	—	—	COM	219350105
—	DISH NETWORK CORP	130,000	$3.246M	0.7%	—	—	CL A	25470M109
ADNT	ADIENT PLC	212,000	$3.193M	0.7%	—	—	ORD SHS	G0084W101
VNO	VORNADO RLTY TR	50,515	$3.133M	0.7%	—	—	SH BEN INT	929042109
URI	UNITED RENTALS INC	29,500	$3.025M	0.7%	—	—	COM	911363109
AXS	AXIS CAPITAL HOLDING	56,140	$2.899M	0.6%	—	—	SHS	G0692U109
CPS	COOPER STD HLDGS INC	45,836	$2.847M	0.6%	—	—	COM	21676P103
CVS	CVS HEALTH CORP	43,165	$2.828M	0.6%	—	—	COM	126650100
TRV	TRAVELERS COMPANIES	22,600	$2.706M	0.6%	—	—	COM	89417E109
AIG	AMERICAN INTL GROUP	68,561	$2.702M	0.6%	—	—	COM NEW	026874784
TMUS	T MOBILE US INC	42,000	$2.669M	0.6%	—	—	COM	872590104
AVT	AVNET INC	72,961	$2.634M	0.6%	—	—	COM	053807103
MSI	MOTOROLA SOLUTIONS I	22,900	$2.634M	0.6%	—	—	COM NEW	620076307
OMC	OMNICOM GROUP INC	34,457	$2.524M	0.5%	—	—	COM	681919106
NXPI	NXP SEMICONDUCTORS N	33,216	$2.434M	0.5%	—	—	COM	N6596X109
F	FORD MTR CO DEL	316,162	$2.419M	0.5%	—	—	COM PAR $0.01	345370860
COF	CAPITAL ONE FINL COR	31,827	$2.406M	0.5%	—	—	COM	14040H105
R	RYDER SYS INC	49,846	$2.4M	0.5%	—	—	COM	783549108
MET	METLIFE INC	57,490	$2.361M	0.5%	—	—	COM	59156R108
BAC	BANK AMER CORP	92,682	$2.284M	0.5%	—	—	COM	060505104
IP	INTL PAPER CO	55,795	$2.252M	0.5%	—	—	COM	460146103
LEA	LEAR CORP	18,258	$2.243M	0.5%	—	—	COM NEW	521865204
CTSH	COGNIZANT TECHNOLOGY	33,367	$2.118M	0.5%	—	—	CL A	192446102
—	WPX ENERGY INC	186,500	$2.117M	0.5%	—	—	COM	98212B103
EIX	EDISON INTL	36,162	$2.053M	0.4%	—	—	COM	281020107
JELD	JELD-WEN HLDG INC	143,647	$2.041M	0.4%	—	—	COM	47580P103
—	BARRICK GOLD CORP	150,595	$2.039M	0.4%	—	—	COM	067901108
LEN	LENNAR CORP	52,000	$2.036M	0.4%	—	—	CL A	526057104
NG	NOVAGOLD RES INC	509,124	$2.011M	0.4%	—	—	COM NEW	66987E206
MD	MEDNAX INC	60,773	$2.006M	0.4%	—	—	COM	58502B106
TXT	TEXTRON INC	43,500	$2.001M	0.4%	—	—	COM	883203101
—	XEROX CORP	100,952	$1.995M	0.4%	—	—	COM NEW	984121608
—	ATHENE HLDG LTD	50,000	$1.992M	0.4%	—	—	CL A	G0684D107
MS	MORGAN STANLEY	49,734	$1.972M	0.4%	—	—	COM NEW	617446448
AMGN	AMGEN INC	10,030	$1.953M	0.4%	—	—	COM	031162100
WFC	WELLS FARGO CO NEW	42,147	$1.942M	0.4%	—	—	COM	949746101
—	ROYAL DUTCH SHELL PL	33,014	$1.924M	0.4%	—	—	SPONS ADR A	780259206
MCK	MCKESSON CORP	17,133	$1.893M	0.4%	—	—	COM	58155Q103
KBR	KBR INC	124,419	$1.889M	0.4%	—	—	COM	48242W106
CMTL	COMTECH TELECOMMUNIC	77,219	$1.88M	0.4%	—	—	COM NEW	205826209
—	MYLAN N V	68,171	$1.868M	0.4%	—	—	SHS EURO	N59465109
AAPL	APPLE INC	11,500	$1.814M	0.4%	—	—	COM	037833100
VOYA	VOYA FINL INC	44,636	$1.792M	0.4%	—	—	COM	929089100
TEX	TEREX CORP NEW	64,142	$1.768M	0.4%	—	—	COM	880779103
BEN	FRANKLIN RES INC	59,515	$1.765M	0.4%	—	—	COM	354613101
—	CVR PARTNERS LP	502,664	$1.709M	0.4%	—	—	COM	126633106
NWL	NEWELL BRANDS INC	91,644	$1.704M	0.4%	—	—	COM	651229106
NRG	NRG ENERGY INC	42,341	$1.677M	0.4%	—	—	COM NEW	629377508
AER	AERCAP HOLDINGS NV	40,000	$1.584M	0.3%	—	—	SHS	N00985106
SWK	STANLEY BLACK & DECK	12,866	$1.541M	0.3%	—	—	COM	854502101
ETN	EATON CORP PLC	22,100	$1.517M	0.3%	—	—	SHS	G29183103
CVE	CENOVUS ENERGY INC	205,929	$1.45M	0.3%	—	—	COM	15135U109
—	NATIONAL OILWELL VAR	55,161	$1.418M	0.3%	—	—	COM	637071101
ACM	AECOM	53,459	$1.417M	0.3%	—	—	COM	00766T100
—	AXA EQUITABLE HLDGS	84,525	$1.406M	0.3%	—	—	COM	054561105
KO	COCA COLA CO	28,500	$1.349M	0.3%	—	—	COM	191216100
HAL	HALLIBURTON CO	50,369	$1.339M	0.3%	—	—	COM	406216101
GS	GOLDMAN SACHS GROUP	7,949	$1.328M	0.3%	—	—	COM	38141G104
T	AT&T INC	46,014	$1.313M	0.3%	—	—	COM	00206R102
PBI	PITNEY BOWES INC	218,965	$1.294M	0.3%	—	—	COM	724479100
UBS	UBS GROUP AG	100,375	$1.249M	0.3%	—	—	SHS	H42097107
—	ANIXTER INTL INC	22,692	$1.232M	0.3%	—	—	COM	035290105
FCNCA	FIRST CTZNS BANCSHAR	3,145	$1.186M	0.3%	—	—	CL A	31946M103
—	ACTUANT CORP	55,925	$1.174M	0.3%	—	—	CL A NEW	00508X203
CAT	CATERPILLAR INC DEL	9,205	$1.17M	0.3%	—	—	COM	149123101
TRS	TRIMAS CORP	42,458	$1.159M	0.3%	—	—	COM NEW	896215209
FHN	FIRST HORIZON NATL C	86,700	$1.141M	0.2%	—	—	COM	320517105
XOM	EXXON MOBIL CORP	16,243	$1.108M	0.2%	—	—	COM	30231G102
—	ESSENDANT INC	87,059	$1.095M	0.2%	—	—	COM	296689102
ASB	ASSOCIATED BANC CORP	55,074	$1.09M	0.2%	—	—	COM	045487105
ROCK	GIBRALTAR INDS INC	30,216	$1.075M	0.2%	—	—	COM	374689107
—	MASONITE INTL CORP N	23,464	$1.052M	0.2%	—	—	COM	575385109
AAL	AMERICAN AIRLS GROUP	32,400	$1.04M	0.2%	—	—	COM	02376R102
IOSP	INNOSPEC INC	16,217	$1.002M	0.2%	—	—	COM	45768S105
SCSC	SCANSOURCE INC	28,945	$995K	0.2%	—	—	COM	806037107
—	ASPEN INSURANCE HOLD	22,423	$942K	0.2%	—	—	SHS	G05384105
KKR	KKR & CO INC	47,793	$938K	0.2%	—	—	CL A	48251W104
VRTS	VIRTUS INVT PARTNERS	11,785	$936K	0.2%	—	—	COM	92828Q109
—	ACTIVISION BLIZZARD	20,000	$931K	0.2%	—	—	COM	00507V109
—	GRANITE REAL ESTATE	23,400	$910K	0.2%	—	—	UNIT 99/99/9999	387437114
—	UNITED TECHNOLOGIES	8,500	$905K	0.2%	—	—	COM	913017109
HOPE	HOPE BANCORP INC	75,746	$898K	0.2%	—	—	COM	43940T109
NSIT	INSIGHT ENTERPRISES	21,576	$879K	0.2%	—	—	COM	45765U103
VREX	VAREX IMAGING CORP	36,509	$865K	0.2%	—	—	COM	92214X106
ENVA	ENOVA INTL INC	43,957	$855K	0.2%	—	—	COM	29357K103
NWSA	NEWS CORP NEW	73,225	$831K	0.2%	—	—	CL A	65249B109
—	ARGO GROUP INTL HLDG	12,212	$821K	0.2%	—	—	COM	G0464B107
CAR	AVIS BUDGET GROUP	36,420	$819K	0.2%	—	—	COM	053774105
THG	HANOVER INS GROUP IN	7,009	$818K	0.2%	—	—	COM	410867105
—	AMERICAN EQTY INVT L	28,585	$799K	0.2%	—	—	COM	025676206
—	ARRIS INTL INC	25,916	$792K	0.2%	—	—	SHS	G0551A103
UVV	UNIVERSAL CORP VA	14,188	$768K	0.2%	—	—	COM	913456109
JBL	JABIL INC	30,898	$766K	0.2%	—	—	COM	466313103
—	SYNOVUS FINL CORP	23,809	$762K	0.2%	—	—	COM NEW	87161C501
BKD	BROOKDALE SR LIVING	113,513	$761K	0.2%	—	—	COM	112463104
WBS	WEBSTER FINL CORP CO	15,337	$756K	0.2%	—	—	COM	947890109
CNO	CNO FINL GROUP INC	46,789	$696K	0.2%	—	—	COM	12621E103
—	TCF FINL CORP	35,599	$694K	0.1%	—	—	COM	872275102
—	NAVIGANT CONSULTING	28,675	$690K	0.1%	—	—	COM	63935N107
DOV	DOVER CORP	9,574	$679K	0.1%	—	—	COM	260003108
OXY	OCCIDENTAL PETE CORP	10,855	$666K	0.1%	—	—	COM	674599105
—	FIRST MIDWEST BANCOR	33,345	$661K	0.1%	—	—	COM	320867104
WSFS	WSFS FINL CORP	17,269	$655K	0.1%	—	—	COM	929328102
—	STEELCASE INC	42,149	$625K	0.1%	—	—	CL A	858155203
GLNG	GOLAR LNG LTD BERMUD	28,653	$623K	0.1%	—	—	SHS	G9456A100
—	CELESTICA INC	68,598	$602K	0.1%	—	—	SUB VTG SHS	15101Q108
—	TUPPERWARE BRANDS CO	18,600	$587K	0.1%	—	—	COM	899896104
SAIC	SCIENCE APPLICATNS I	9,100	$580K	0.1%	—	—	COM	808625107
—	REV GROUP INC	76,333	$573K	0.1%	—	—	COM	749527107
—	ANADARKO PETE CORP	13,040	$572K	0.1%	—	—	COM	032511107
—	TRIPLE-S MGMT CORP	32,828	$571K	0.1%	—	—	CL B	896749108
MUR	MURPHY OIL CORP	23,279	$544K	0.1%	—	—	COM	626717102
KALU	KAISER ALUMINUM CORP	5,900	$527K	0.1%	—	—	COM PAR $0.01	483007704
EZPW	EZCORP INC	65,300	$505K	0.1%	—	—	CL A NON VTG	302301106
—	WESCO AIRCRAFT HLDGS	62,470	$494K	0.1%	—	—	COM	950814103
—	REALOGY HLDGS CORP	33,560	$493K	0.1%	—	—	COM	75605Y106
—	HANGER INC	20,700	$492K	0.1%	—	—	COM NEW	41043F208
POR	PORTLAND GEN ELEC CO	10,200	$468K	0.1%	—	—	COM NEW	736508847
GIL	GILDAN ACTIVEWEAR IN	14,939	$454K	0.1%	—	—	COM	375916103
—	HOEGH LNG PARTNERS L	29,167	$448K	0.1%	—	—	COM UNIT LTD	Y3262R100
—	SOUTH ST CORP	7,341	$440K	0.1%	—	—	COM	840441109
—	TEEKAY TANKERS LTD	445,950	$414K	0.1%	—	—	CL A	Y8565N102
BKH	BLACK HILLS CORP	6,400	$402K	0.1%	—	—	COM	092113109
WMB	WILLIAMS COS INC DEL	17,070	$376K	0.1%	—	—	COM	969457100
CNMD	CONMED CORP	5,503	$353K	0.1%	—	—	COM	207410101
—	FUELCELL ENERGY INC	570,025	$314K	0.1%	—	—	COM NEW	35952H502
—	HIGHPOINT RES CORP	125,600	$313K	0.1%	—	—	COM	43114K108
—	GOVERNMENT PPTYS INC	45,214	$311K	0.1%	—	—	COM SHS BEN INT	38376A103
DRH	DIAMONDROCK HOSPITAL	33,571	$305K	0.1%	—	—	COM	252784301
—	C&J ENERGY SVCS INC	21,961	$296K	0.1%	—	—	COM	12674R100
—	ATLANTIC CAP BANCSHA	17,873	$293K	0.1%	—	—	COM	048269203
CRS	CARPENTER TECHNOLOGY	8,136	$290K	0.1%	—	—	COM	144285103
—	LYON WILLIAM HOMES	26,898	$288K	0.1%	—	—	CL A NEW	552074700
—	CHESAPEAKE ENERGY CO	134,600	$283K	0.1%	—	—	COM	165167107
—	BRIGHTSPHERE INVESTM	26,433	$282K	0.1%	—	—	SHS	G1644T109
NNI	NELNET INC	4,800	$251K	0.1%	—	—	CL A	64031N108
MLR	MILLER INDS INC TENN	8,827	$238K	0.1%	—	—	COM NEW	600551204
THC	TENET HEALTHCARE COR	13,625	$234K	0.1%	—	—	COM NEW	88033G407
FBNC	FIRST BANCORP N C	6,839	$223K	0.0%	—	—	COM	318910106
—	MACQUARIE INFRASTRUC	5,955	$218K	0.0%	—	—	COM	55608B105
—	SUPERIOR ENERGY SVCS	51,985	$174K	0.0%	—	—	COM	868157108
—	CATCHMARK TIMBER TR	13,960	$99,000	0.0%	—	—	CL A	14912Y202
—	ARC DOCUMENT SOLUTIO	47,823	$98,000	0.0%	—	—	COM	00191G103
TTI	TETRA TECHNOLOGIES I	55,300	$93,000	0.0%	—	—	COM	88162F105
—	ENSCO PLC	21,300	$76,000	0.0%	—	—	SHS CLASS A	G3157S106