Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	36,636	$5.646M	3.2%	$31.25	+15.7%	COM	037833100
BRK/B	BERKSHIRE HATHAWAY INC CL B	30,613	$5.612M	3.1%	$101.99	+73.3%	CL B	084670702
THO	THOR INDUSTRIES INC	24,611	$3.099M	1.7%	$43.57	+108.4%	COM	885160101
—	LAM RESEARCH CORP	16,435	$3.041M	1.7%	$56.59	—	COM	512807108
ON	ON SEMICONDUCTOR CORP	161,397	$2.981M	1.7%	$9.97	+61.4%	COM	682189105
ABBV	ABBVIE INC	32,949	$2.928M	1.6%	$39.92	+34.4%	COM	00287Y109
DHI	D R HORTON INC COM	72,272	$2.886M	1.6%	$21.28	+56.3%	COM	23331A109
FDX	FEDEX CORP	12,525	$2.825M	1.6%	$91.59	+101.9%	COM	31428X106
ICHR	ICHOR HOLDINGS	102,411	$2.745M	1.5%	$20.90	+4.8%	SHS	G4740B105
—	ROYAL DUTCH SHELL ADS	44,748	$2.711M	1.5%	$54.12	—	ADR A	780259206
UCTT	ULTRA CLEAN HOLDINGS	88,381	$2.706M	1.5%	$10.66	+121.8%	COM	90385V107
MGA	MAGNA INTL INC	50,046	$2.671M	1.5%	$33.33	+12.7%	COM	559222401
—	MICROSEMI CORP	51,582	$2.655M	1.5%	$42.41	—	COM	595137100
TSN	TYSON FOODS	37,620	$2.65M	1.5%	$29.52	+73.2%	CL A	902494103
DLX	DELUXE CORP.	36,308	$2.649M	1.5%	$35.26	+36.0%	COM	248019101
TSEM	TOWER SEMICONDUCTOR ORD	86,019	$2.645M	1.5%	$21.94	+24.3%	SHS	M87915274
GS	GOLDMAN SACHS	11,048	$2.62M	1.5%	$146.70	+28.2%	COM	38141G104
ARW	ARROW ELECTRS INC COM	32,334	$2.6M	1.5%	$41.41	+90.8%	COM	042735100
—	SENSATA TECHNOLOGY	54,050	$2.598M	1.5%	$38.96	—	SHS	N7902X106
—	MILACRON HOLDINGS CORP	154,000	$2.596M	1.5%	$17.87	—	COM	59870L106
USB	US BANCORP DEL COM	48,402	$2.594M	1.5%	$23.16	+63.0%	COM	902973304
MBGAF	DAIMLER AG	32,533	$2.592M	1.4%	$42.35	+8.6%	ADR	D1668R123
—	SINCLAIR BROADCASTING GROUP	80,802	$2.59M	1.4%	$32.83	—	CL A	829226109
INTC	INTEL CORP COM	67,893	$2.585M	1.4%	$24.58	+20.4%	COM	458140100
PPC	PILGRIMS PRIDE CORP	89,689	$2.548M	1.4%	$20.59	+27.7%	COM	72147K108
ZBH	ZIMMER BIOMET HOLDINGS	21,573	$2.526M	1.4%	$100.39	+7.4%	COM	98956P102
UNM	UNUM GROUP	48,580	$2.484M	1.4%	$48.78	0.0%	COM	91529Y106
SANM	SANMINA SCI CORP	66,582	$2.474M	1.4%	$26.26	+42.2%	COM	801056102
DOX	AMDOCS LTD.	38,362	$2.467M	1.4%	$41.43	+32.0%	SHS	G02602103
ARCC	ARES CAPITAL CORPORATION	149,863	$2.456M	1.4%	$5.57	+30.9%	COM	04010L103
RCL	ROYAL CARIBBEAN CRUISES	20,579	$2.439M	1.4%	$71.30	+50.8%	COM	V7780T103
SNA	SNAP-ON INC	16,297	$2.428M	1.4%	$121.59	0.0%	COM	833034101
LEN	LENNAR CORP COM	45,798	$2.418M	1.4%	$42.53	+7.3%	CL A	526057104
TPVG	TRIPLE POINT VENTURE GROWTH	180,382	$2.417M	1.4%	$13.18	+0.9%	COM	89677Y100
CMCSA	COMCAST CL A	62,533	$2.406M	1.3%	$27.08	+18.3%	CL A	20030N101
AMCX	AMC NETWORKS INC	41,098	$2.403M	1.3%	$59.86	-0.6%	CL A	00164V103
CB	CHUBB LIMITED	16,855	$2.403M	1.3%	$100.24	+24.5%	COM	H1467J104
WFC	WELLS FARGO AND CO	43,098	$2.377M	1.3%	$33.97	+24.1%	COM	949746101
—	TENNECO INC	38,782	$2.353M	1.3%	$46.96	—	COM	880349105
WHR	WHIRLPOOL CORP	12,728	$2.348M	1.3%	$177.29	+0.9%	COM	963320106
—	LABORATORY CORP. OF AMERICA	15,300	$2.31M	1.3%	$95.38	—	COM	50540R409
FN	FABRINET	62,051	$2.3M	1.3%	$41.68	-1.8%	SHS	G3323L100
OMC	OMNICOM GROUP INC	30,855	$2.285M	1.3%	$51.35	+11.2%	COM	681919106
—	STORE CAPITAL CORP	91,465	$2.275M	1.3%	$24.87	—	COM	862121100
DIS	DISNEY WALT CO COM	22,858	$2.253M	1.3%	$56.49	+71.6%	COM	254687106
—	CELESTICA INC	179,594	$2.223M	1.2%	$11.12	—	SHS	15101Q108
EG	EVEREST RE	9,540	$2.179M	1.2%	$120.99	+75.1%	COM	G3223R108
CCL	CARNIVAL CORP.	33,473	$2.161M	1.2%	$43.71	+39.4%	UNIT	143658300
—	INTERPUBLIC GROUP	100,768	$2.095M	1.2%	$16.96	-8.0%	COM	460690100
—	OCLARO INC	242,410	$2.092M	1.2%	$9.75	—	COM	67555N206
BDC	BELDEN CDT	25,736	$2.073M	1.2%	$65.75	+11.9%	COM	077454106
WPP	WPP PLC	22,213	$2.061M	1.2%	$104.62	—	ADR	92937A102
—	CBS	35,460	$2.057M	1.1%	$48.18	—	CL B	124857202
MHO	M/I HOMES INC	76,598	$2.047M	1.1%	$23.32	+11.1%	COM	55305B101
—	SHIRE PLC	13,340	$2.043M	1.1%	$170.64	—	ADR	82481R106
NVMI	NOVA MEASURING INSTRUMENTS LTD	72,488	$2.038M	1.1%	$22.24	+9.4%	COM	M7516K103
BC	BRUNSWICK CORP	36,128	$2.022M	1.1%	$40.53	+19.0%	COM	117043109
—	STEELCASE INC	130,480	$2.009M	1.1%	$16.11	—	CL A	858155203
MUR	MURPHY OIL CORP	72,014	$1.913M	1.1%	$20.81	-11.0%	COM	626717102
FCX	FREEPORT MCMORAN	135,045	$1.896M	1.1%	$11.62	+9.6%	CL B	35671D857
OHI	OMEGA HEALTHCARE INVESTORS INC.	59,111	$1.886M	1.1%	$35.06	—	COM	681936100
LYB	LYONDELLBASELL INDUSTRIES	18,429	$1.825M	1.0%	$49.05	+11.2%	SHS A	N53745100
CUBI	CUSTOMERS BANCORP	53,565	$1.747M	1.0%	$21.12	+36.6%	COM	23204G100
—	ANIXTER INTL	20,438	$1.737M	1.0%	$56.79	—	COM	035290105
PVH	PVH Corp	13,367	$1.685M	0.9%	$112.65	+6.9%	COM	693656100
—	UNIT CORP	81,199	$1.671M	0.9%	$24.16	—	COM	909218109
—	ALLERGAN PLC	7,884	$1.616M	0.9%	$251.12	—	PLC	g0177j108
—	LIBERTY GLOBAL PLC CL C	46,582	$1.523M	0.9%	$37.78	—	CL C	G5480U120
APOG	APOGEE ENTERPRISES	28,233	$1.363M	0.8%	$34.67	+18.5%	COM	037598109
HOFT	HOOKER FURNITURE CORP	27,211	$1.299M	0.7%	$29.89	+43.4%	COM	439038100
COHU	COHU INC COM	48,014	$1.145M	0.6%	$17.68	+3.5%	COM	192576106
AGX	ARGAN	14,894	$1.002M	0.6%	$34.24	+46.0%	COM	04010E109
JCI	JOHNSON CTLS INC	23,469	$946K	0.5%	$33.23	+0.5%	SHS	G51502105
ACM	AECOM TECH CORP.	25,050	$922K	0.5%	$31.82	-0.7%	COM	00766T100
—	CENTURY BANCORP	11,101	$889K	0.5%	$43.24	—	CL A	156432106
TSQ	TOWNSQUARE MEDIA INC	86,277	$863K	0.5%	$11.31	-8.4%	CL A	892231101
ACRE	ARES COMMERCIAL REAL ESTATE GROUP	63,888	$850K	0.5%	$13.30	—	COM	04013V108
—	SL GREEN REALTY CORP	7,400	$750K	0.4%	$101.35	—	COM	78440X101
GTN	GRAY TELEVISION INC	35,030	$550K	0.3%	$14.30	0.0%	COM	389375106
ACU	ACME UNITED INC	22,933	$527K	0.3%	$18.75	+19.6%	COM	004816104
LBTYAUSD	LIBERTY GLOBAL PLC CL A	12,935	$439K	0.2%	$41.60	—	CL A	G5480U104
KLAC	KLA-TENCOR CORP COM	3,350	$355K	0.2%	$83.67	0.0%	COM	482480100
OVLY	OAK VALLEY BANCORP	18,296	$307K	0.2%	$15.50	0.0%	COM	671807105
—	CITIZENS FIRST CORP	11,475	$274K	0.2%	$23.88	—	COM	17462Q107
—	TOWER INTERNATIONAL	7,898	$215K	0.1%	$27.22	—	COM	891826109