Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	33,695	$5.653M	3.4%	$31.25	+29.3%	COM	037833100
BRK/B	BERKSHIRE HATHAWAY INC CL B	27,893	$5.564M	3.4%	$101.99	+101.3%	CL B	084670702
INTC	INTEL CORP COM	50,624	$2.636M	1.6%	$24.58	+63.0%	COM	458140100
DLX	DELUXE CORP.	35,571	$2.633M	1.6%	$36.32	+41.4%	COM	248019101
FDX	FEDEX CORP	10,930	$2.624M	1.6%	$91.59	+140.8%	COM	31428X106
—	LAM RESEARCH CORP	12,586	$2.557M	1.6%	$56.59	—	COM	512807108
EG	EVEREST RE	9,902	$2.543M	1.5%	$133.04	+53.3%	COM	G3223R108
—	ROYAL DUTCH SHELL ADS	39,482	$2.519M	1.5%	$54.12	—	ADR	780259206
OMC	OMNICOM GROUP INC	34,447	$2.503M	1.5%	$51.73	+9.2%	COM	681919106
DHI	D R HORTON INC COM	56,853	$2.492M	1.5%	$21.88	+95.5%	COM	23331A109
—	MILACRON HOLDINGS CORP	123,566	$2.489M	1.5%	$17.87	—	COM	59870L106
MGA	MAGNA INTL INC	43,924	$2.475M	1.5%	$33.33	+31.2%	COM	559222401
AMAT	APPLIED MATLS INC COM	44,197	$2.458M	1.5%	$50.88	0.0%	COM	038222105
DXC	DXC TECHNOLOGY COMPANY	24,341	$2.447M	1.5%	$82.32	+1.3%	COM	23355L106
ON	ON SEMICONDUCTOR CORP	99,887	$2.443M	1.5%	$9.97	+141.9%	COM	682189105
GS	GOLDMAN SACHS	9,672	$2.436M	1.5%	$146.70	+48.9%	COM	38141G104
—	STATOIL HYDRO ASA	103,012	$2.436M	1.5%	$23.09	—	ADR	85771p102
—	STORE CAPITAL CORP	98,026	$2.433M	1.5%	$24.87	—	COM	862121100
MBGAF	DAIMLER AG	28,496	$2.417M	1.5%	$42.35	+27.7%	ADR	D1668R123
—	SINCLAIR BROADCASTING GROUP	76,894	$2.407M	1.5%	$32.83	—	CL A	829226109
LEN	LENNAR CORP CL A	40,769	$2.403M	1.5%	$42.53	+29.9%	CL A	526057104
FCX	FREEPORT MCMORAN	135,945	$2.389M	1.5%	$11.92	+42.8%	CL B	35671D857
MHO	M/I HOMES INC	74,957	$2.387M	1.5%	$23.76	+38.1%	COM	55305B101
DOX	AMDOCS LTD.	35,242	$2.351M	1.4%	$41.43	+38.4%	SHS	G02602103
ARW	ARROW ELECTRS INC COM	29,952	$2.307M	1.4%	$41.41	+95.9%	COM	042735100
TSN	TYSON FOODS	31,519	$2.307M	1.4%	$29.52	+108.4%	CL A	902494103
—	LABORATORY CORP. OF AMERICA	14,222	$2.3M	1.4%	$95.38	—	COM	50540R409
USB	US BANCORP DEL COM	45,481	$2.297M	1.4%	$23.38	+70.7%	COM	902973304
—	ANIXTER INTL	29,921	$2.267M	1.4%	$62.82	—	COM	035290105
ARCC	ARES CAPITAL CORPORATION	142,476	$2.261M	1.4%	$5.57	+34.3%	COM	04010L103
CB	CHUBB LIMITED	16,522	$2.26M	1.4%	$100.74	+25.3%	COM	H1467J104
RCL	ROYAL CARIBBEAN CRUISES	19,138	$2.253M	1.4%	$71.30	+64.7%	COM	V7780T103
—	HI CRUSH PARTNERS LP	210,964	$2.236M	1.4%	$10.70	—	COM	428337109
BDC	BELDEN CDT	32,045	$2.209M	1.3%	$67.66	+10.7%	COM	077454106
ACRE	ARES COMMERCIAL REAL ESTATE GROUP	178,716	$2.207M	1.3%	$13.03	—	COM	04013V108
CMCSA	COMCAST CL A	64,230	$2.195M	1.3%	$27.45	+15.8%	CL A	20030N101
UNM	UNUM GROUP	46,036	$2.192M	1.3%	$52.25	0.0%	COM	91529Y106
BXMT	BLACKSTONE MORTGAGE TRUST	69,075	$2.17M	1.3%	$31.42	—	CL A	09257W100
PPC	PILGRIMS PRIDE CORP	87,960	$2.165M	1.3%	$21.49	+24.9%	COM	72147K108
ZBH	ZIMMER BIOMET HOLDINGS	19,843	$2.164M	1.3%	$100.39	+8.4%	COM	98956P102
CE	CELANESE CORP	21,535	$2.158M	1.3%	$90.70	-0.1%	COM	150870103
APOG	APOGEE ENTERPRISES	49,645	$2.152M	1.3%	$37.19	+1.0%	COM	037598109
DIS	DISNEY WALT CO COM	21,098	$2.119M	1.3%	$56.49	+78.7%	COM	254687106
ABBV	ABBVIE INC	22,247	$2.106M	1.3%	$39.92	+96.7%	COM	00287Y109
THO	THOR INDUSTRIES INC	18,190	$2.095M	1.3%	$43.57	+159.5%	COM	885160101
TPVG	TRIPLE POINT VENTURE GROWTH	174,226	$2.082M	1.3%	$13.19	-6.4%	COM	89677Y100
WFC	WELLS FARGO AND CO	39,712	$2.081M	1.3%	$34.92	+36.6%	COM	949746101
—	NORBORD INC	56,354	$2.047M	1.2%	$36.32	—	COM	65548P403
CCL	CARNIVAL CORP.	31,053	$2.036M	1.2%	$43.71	+43.6%	UNIT	143658300
AMCX	AMC NETWORKS INC	38,528	$1.992M	1.2%	$59.86	-13.3%	CL A	00164V103
RHHBY	ROCHE HOLDINGS LIMITED	69,356	$1.985M	1.2%	$31.62	—	ADR	771195104
ST	SENSATA TECHNOLOGY	38,196	$1.98M	1.2%	$53.31	0.0%	SHS	G8060N102
—	TENNECO INC	35,950	$1.973M	1.2%	$46.96	—	COM	880349105
UCTT	ULTRA CLEAN HOLDINGS	99,607	$1.917M	1.2%	$12.35	+70.7%	COM	90385V107
—	CBS	37,299	$1.917M	1.2%	$49.28	—	CL B	124857202
ICHR	ICHOR HOLDINGS	78,900	$1.91M	1.2%	$20.90	+30.3%	SHS	G4740B105
GTN	GRAY TELEVISION INC	150,042	$1.906M	1.2%	$14.95	+0.9%	COM	389375106
LYB	LYONDELLBASELL INDUSTRIES	17,739	$1.875M	1.1%	$51.32	+34.4%	SHS	N53745100
HOFT	HOOKER FURNITURE CORP	50,290	$1.846M	1.1%	$35.64	+8.5%	COM	439038100
—	TECH DATA CORP	21,609	$1.84M	1.1%	$92.18	—	COM	878237106
SSP	SCRIPPS EW CO	151,936	$1.822M	1.1%	$10.96	0.0%	CL A	811054402
TSEM	TOWER SEMICONDUCTOR ORD	67,591	$1.819M	1.1%	$21.94	+45.1%	SHS	M87915274
—	CELGENE CORP	20,260	$1.807M	1.1%	$89.19	—	COM	151020104
—	NOBLE ENERGY	59,150	$1.792M	1.1%	$30.30	—	COM	655044105
WHR	WHIRLPOOL CORP	11,564	$1.771M	1.1%	$177.29	-5.8%	COM	963320106
BAESY	BAE SYSTEMS PLC	51,650	$1.718M	1.0%	$33.26	—	ADR	05523R107
WPP	WPP PLC	21,430	$1.705M	1.0%	$104.21	—	ADR	92937A102
MUR	MURPHY OIL CORP	65,834	$1.701M	1.0%	$20.81	+4.4%	COM	626717102
PVH	PVH Corp	10,207	$1.546M	0.9%	$112.65	+28.0%	COM	693656100
—	SPECTRUM BRANDS INC	12,618	$1.308M	0.8%	$107.68	—	COM	84763R101
COHU	COHU INC COM	42,562	$971K	0.6%	$17.68	+22.2%	COM	192576106
ACM	AECOM TECH CORP.	24,750	$882K	0.5%	$31.82	+11.6%	COM	00766T100
—	INTERPUBLIC GROUP	32,834	$756K	0.5%	$16.96	-3.3%	COM	460690100
—	TOWER INTERNATIONAL	22,758	$632K	0.4%	$27.60	—	COM	891826109
—	UNIT CORP	26,461	$523K	0.3%	$24.16	—	COM	909218109
ACU	ACME UNITED INC	22,727	$474K	0.3%	$18.75	+4.7%	COM	004816104
OVLY	OAK VALLEY BANCORP	16,509	$368K	0.2%	$15.59	+38.8%	COM	671807105
—	GULFPORT ENERGY CORP	31,070	$300K	0.2%	$12.35	—	COM	402635304
KLAC	KLA-TENCOR CORP COM	2,695	$294K	0.2%	$83.67	+17.9%	COM	482480100
AGX	ARGAN	6,127	$263K	0.2%	$34.22	-0.6%	COM	04010E109
RIO	RIO TINTO PLC ADS	4,360	$225K	0.1%	$52.96	—	ADR	767204100
—	CENTURY BANCORP	2,812	$223K	0.1%	$79.30	—	CL A	156432106