Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	28,792	$5.479M	3.4%	$31.25	+36.8%	COM	037833100
BRK/B	BERKSHIRE HATHAWAY INC CL B	24,313	$4.811M	3.0%	$101.99	+91.1%	CL B	084670702
—	HI CRUSH PARTNERS LP	176,749	$2.695M	1.7%	$10.70	—	COM	428337109
—	STORE CAPITAL CORP	94,422	$2.592M	1.6%	$24.87	—	COM	862121100
CMCSA	COMCAST CL A	71,127	$2.545M	1.6%	$27.39	-2.0%	CL A	20030N101
ACRE	ARES COMMERCIAL REAL ESTATE GROUP	179,152	$2.53M	1.6%	$13.03	—	COM	04013V108
—	NOBLE ENERGY	68,479	$2.471M	1.5%	$31.08	—	COM	655044105
CE	CELANESE CORP	20,881	$2.466M	1.5%	$90.70	+5.1%	COM	150870103
JPM	JP MORGAN CHASE AND CO	21,216	$2.439M	1.5%	$89.02	0.0%	COM	46625H100
APOG	APOGEE ENTERPRISES	47,972	$2.435M	1.5%	$37.19	-2.5%	COM	037598109
—	LABORATORY CORP. OF AMERICA	13,776	$2.415M	1.5%	$95.38	—	COM	50540R409
USB	US BANCORP DEL COM	45,394	$2.406M	1.5%	$23.38	+59.3%	COM	902973304
CB	CHUBB LIMITED	17,097	$2.389M	1.5%	$101.26	+15.0%	COM	H1467J104
DHI	D R HORTON INC COM	54,427	$2.378M	1.5%	$21.88	+81.3%	COM	23331A109
RCL	ROYAL CARIBBEAN CRUISES	21,063	$2.375M	1.5%	$74.17	+38.5%	COM	V7780T103
DIS	DISNEY WALT CO COM	20,715	$2.352M	1.5%	$56.49	+72.0%	COM	254687106
ARCC	ARES CAPITAL CORPORATION	138,756	$2.338M	1.4%	$5.57	+42.6%	COM	04010L103
TPVG	TRIPLE POINT VENTURE GROWTH	170,693	$2.332M	1.4%	$13.19	-5.1%	COM	89677Y100
—	LAM RESEARCH CORP	12,174	$2.321M	1.4%	$56.59	—	COM	512807108
FDX	FEDEX CORP	9,394	$2.31M	1.4%	$91.59	+136.3%	COM	31428X106
GTN	GRAY TELEVISION INC	148,293	$2.291M	1.4%	$14.95	-19.7%	COM	389375106
DOX	AMDOCS LTD.	33,769	$2.282M	1.4%	$41.43	+39.0%	SHS	G02602103
INTC	INTEL CORP COM	47,280	$2.274M	1.4%	$24.58	+83.3%	COM	458140100
BXMT	BLACKSTONE MORTGAGE TRUST	68,050	$2.255M	1.4%	$31.42	—	CL A	09257W100
GS	GOLDMAN SACHS	9,485	$2.252M	1.4%	$146.70	+36.8%	COM	38141G104
ARW	ARROW ELECTRS INC COM	29,459	$2.234M	1.4%	$41.41	+83.8%	COM	042735100
WFC	WELLS FARGO AND CO	38,950	$2.231M	1.4%	$34.92	+24.1%	COM	949746101
BDC	BELDEN CDT	34,012	$2.202M	1.4%	$67.21	-11.1%	COM	077454106
OMC	OMNICOM GROUP INC	31,708	$2.182M	1.3%	$51.73	+8.4%	COM	681919106
PFG	PRINCIPAL FINANCIAL GROUP	37,449	$2.175M	1.3%	$43.12	0.0%	COM	74251V102
ON	ON SEMICONDUCTOR CORP	98,282	$2.167M	1.3%	$9.97	+142.5%	COM	682189105
—	ANIXTER INTL	29,652	$2.162M	1.3%	$62.82	—	COM	035290105
EQNR	EQUINOR ASA	80,862	$2.14M	1.3%	$26.46	—	ADR	29446M102
MUR	MURPHY OIL CORP	64,336	$2.14M	1.3%	$20.81	+12.4%	COM	626717102
EG	EVEREST RE	9,685	$2.115M	1.3%	$133.04	+50.8%	COM	G3223R108
LEN	LENNAR CORP CL A	40,401	$2.112M	1.3%	$42.53	+12.9%	CL A	526057104
AMAT	APPLIED MATLS INC COM	43,155	$2.099M	1.3%	$50.88	-7.2%	COM	038222105
AMCX	AMC NETWORKS INC	34,642	$2.089M	1.3%	$59.86	-4.7%	CL A	00164V103
—	WHITING PETROLEUM	41,575	$2.064M	1.3%	$49.65	—	COM	966387409
DXC	DXC TECHNOLOGY COMPANY	24,319	$2.061M	1.3%	$82.32	-0.3%	COM	23355L106
RHHBY	ROCHE HOLDINGS LIMITED	66,985	$2.054M	1.3%	$31.62	—	ADR	771195104
MGA	MAGNA INTL INC	33,726	$2.05M	1.3%	$33.33	+46.8%	COM	559222401
ST	SENSATA TECHNOLOGY	37,505	$2.039M	1.3%	$53.31	-2.3%	SHS	G8060N102
—	SINCLAIR BROADCASTING GROUP	78,188	$2.017M	1.2%	$32.71	—	CL A	829226109
—	KNOLL INC	88,885	$2.004M	1.2%	$22.55	—	COM	498904200
DLX	DELUXE CORP.	33,544	$1.977M	1.2%	$36.32	+34.5%	COM	248019101
CCL	CARNIVAL CORP.	33,170	$1.965M	1.2%	$44.69	+31.9%	UNIT	143658300
UNM	UNUM GROUP	49,270	$1.957M	1.2%	$51.56	-19.1%	COM	91529Y106
LYB	LYONDELLBASELL INDUSTRIES	17,517	$1.941M	1.2%	$51.32	+33.2%	SHS	N53745100
STAG	STAG INDUSTRIAL	70,634	$1.93M	1.2%	$27.32	—	COM	85254J102
SSP	SCRIPPS EW CO	146,866	$1.924M	1.2%	$10.96	-14.6%	CL A	811054402
THO	THOR INDUSTRIES INC	20,270	$1.923M	1.2%	$47.99	+80.5%	COM	885160101
MBGAF	DAIMLER AG	27,721	$1.918M	1.2%	$42.35	+18.0%	ADR	D1668R123
—	CBS	36,131	$1.903M	1.2%	$49.28	—	CL B	124857202
MHO	M/I HOMES INC	73,355	$1.897M	1.2%	$23.76	+25.4%	COM	55305B101
TSN	TYSON FOODS	32,895	$1.896M	1.2%	$30.64	+83.7%	CL A	902494103
—	NORBORD INC	52,021	$1.868M	1.2%	$36.32	—	COM	65548P403
—	GULFPORT ENERGY CORP	159,945	$1.841M	1.1%	$11.67	—	COM	402635304
SWKS	SKYWORKS SOLUTIONS	18,943	$1.792M	1.1%	$81.54	0.0%	COM	83088M102
BAESY	BAE SYSTEMS PLC	50,195	$1.745M	1.1%	$33.26	—	PLC	05523R107
ABBV	ABBVIE INC	18,521	$1.708M	1.1%	$39.92	+76.6%	COM	00287Y109
WPP	WPP PLC	21,750	$1.704M	1.1%	$103.83	—	ADR	92937A102
PPC	PILGRIMS PRIDE CORP	93,520	$1.667M	1.0%	$21.49	-0.0%	COM	72147K108
—	PERSPECTA INC	75,500	$1.638M	1.0%	$21.70	—	COM	715347100
ICHR	ICHOR HOLDINGS	77,710	$1.632M	1.0%	$20.90	+14.3%	SHS	G4740B105
—	TENNECO INC	35,084	$1.617M	1.0%	$46.96	—	COM	880349105
HOFT	HOOKER FURNITURE CORP	35,126	$1.582M	1.0%	$35.64	+14.9%	COM	439038100
SNX	SYNNEX CORP	16,097	$1.553M	1.0%	$48.65	0.0%	COM	87162W100
TSEM	TOWER SEMICONDUCTOR ORD	62,980	$1.301M	0.8%	$21.94	+16.0%	SHS	M87915274
PVH	PVH Corp	7,809	$1.199M	0.7%	$112.65	+38.2%	COM	693656100
UCTT	ULTRA CLEAN HOLDINGS	84,804	$1.138M	0.7%	$12.35	+42.0%	COM	90385V107
SPB	SPECTRUM BRANDS INC	12,417	$1.085M	0.7%	$82.40	0.0%	COM	84790A105
BWA	BORG WARNER	22,918	$1.055M	0.7%	$39.07	0.0%	COM	099724106
COHU	COHU INC COM	41,386	$1.042M	0.6%	$17.68	+30.0%	COM	192576106
ACM	AECOM TECH CORP.	24,050	$807K	0.5%	$31.82	+3.7%	COM	00766T100
—	CENTURY BANCORP	9,568	$740K	0.5%	$77.92	—	CL A	156432106
—	INTERPUBLIC GROUP	30,949	$698K	0.4%	$16.96	+2.2%	COM	460690100
—	TOWER INTERNATIONAL	20,753	$670K	0.4%	$27.60	—	COM	891826109
—	UNIT CORP	23,942	$596K	0.4%	$24.16	—	COM	909218109
WNC	WABASH NATIONAL	23,387	$463K	0.3%	$17.19	0.0%	COM	929566107
HTGC	HERCULES CAPITAL INC	30,416	$411K	0.3%	$12.37	0.0%	COM	427096508
OVLY	OAK VALLEY BANCORP	17,006	$373K	0.2%	$15.75	+35.2%	COM	671807105
KLAC	KLA-TENCOR CORP COM	2,669	$313K	0.2%	$83.67	+16.0%	COM	482480100
MBIN	MERCHANTS BANCORP	11,881	$291K	0.2%	$14.85	0.0%	COM	58844R108
BAC	BANK OF AMERICA CORP	9,150	$283K	0.2%	$24.85	0.0%	COM	060505104
—	ARRIS INTERNATIONAL	8,410	$212K	0.1%	$25.21	—	COM	G0551A103
—	SRC ENERGY INC	11,300	$128K	0.1%	$11.33	—	COM	78470V108