Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
AAPL	APPLE	27,824	$6.281M	4.0%	$31.25	+57.7%	COM	037833100
BRK/B	BERKSHIRE HATHAWAY INC CL B	23,639	$5.061M	3.3%	$101.99	+101.2%	CL B	084670702
RCL	ROYAL CARIBBEAN CRUISES	20,190	$2.623M	1.7%	$74.17	+48.3%	COM	V7780T103
GTN	GRAY TELEVISION INC	142,838	$2.5M	1.6%	$14.95	+9.5%	COM	389375106
ACRE	ARES COMMERCIAL REAL ESTATE GROUP	169,870	$2.373M	1.5%	$13.03	—	COM	04013V108
SSP	SCRIPPS EW CO	143,741	$2.372M	1.5%	$10.96	-0.7%	CL A	811054402
DIS	DISNEY WALT CO COM	20,023	$2.341M	1.5%	$56.49	+88.6%	COM	254687106
BDC	BELDEN CDT	32,700	$2.335M	1.5%	$67.21	-0.2%	COM	077454106
ARCC	ARES CAPITAL CORPORATION	135,609	$2.331M	1.5%	$5.57	+52.2%	COM	04010L103
—	STORE CAPITAL CORP	83,663	$2.325M	1.5%	$24.87	—	COM	862121100
USB	US BANCORP DEL COM	43,908	$2.319M	1.5%	$23.38	+67.4%	COM	902973304
JPM	JP MORGAN CHASE AND CO	20,332	$2.294M	1.5%	$89.02	+4.1%	COM	46625H100
—	LABORATORY CORP. OF AMERICA	13,139	$2.282M	1.5%	$95.38	—	COM	50540R409
AMCX	AMC NETWORKS INC	34,399	$2.282M	1.5%	$59.86	+4.2%	CL A	00164V103
CMCSA	COMCAST CL A	63,119	$2.235M	1.4%	$27.39	+7.1%	CL A	20030N101
DHI	D R HORTON INC COM	52,782	$2.226M	1.4%	$21.88	+82.5%	COM	23331A109
EQNR	EQUINOR ASA	78,581	$2.216M	1.4%	$26.46	—	COM	29446M102
BXMT	BLACKSTONE MORTGAGE TRUST	66,130	$2.216M	1.4%	$31.42	—	CL A	09257W100
TPVG	TRIPLE POINT VENTURE GROWTH	162,783	$2.212M	1.4%	$13.19	-0.1%	COM	89677Y100
DXC	DXC TECHNOLOGY COMPANY	23,591	$2.206M	1.4%	$82.32	+2.9%	COM	23355L106
CB	CHUBB LIMITED	16,458	$2.199M	1.4%	$101.26	+17.7%	COM	H1467J104
EG	EVEREST RE	9,519	$2.175M	1.4%	$133.04	+44.5%	COM	G3223R108
FDX	FEDEX CORP	9,029	$2.174M	1.4%	$91.59	+131.7%	COM	31428X106
INTC	INTEL CORP COM	45,967	$2.174M	1.4%	$24.58	+68.9%	COM	458140100
CE	CELANESE CORP	18,973	$2.163M	1.4%	$90.70	+9.7%	COM	150870103
PFG	PRINCIPAL FINANCIAL GROUP	36,870	$2.16M	1.4%	$43.12	-3.2%	COM	74251V102
—	WHITING PETROLEUM	40,516	$2.149M	1.4%	$49.65	—	COM	966387409
ARW	ARROW ELECTRS INC COM	28,706	$2.116M	1.4%	$41.41	+85.5%	COM	042735100
—	KNOLL INC	90,116	$2.113M	1.4%	$22.56	—	COM	498904200
OMC	OMNICOM GROUP INC	30,933	$2.104M	1.4%	$51.73	+3.7%	COM	681919106
MUR	MURPHY OIL CORP	62,602	$2.087M	1.3%	$20.81	+16.7%	COM	626717102
—	NOBLE ENERGY	66,610	$2.078M	1.3%	$31.08	—	COM	655044105
GS	GOLDMAN SACHS	9,241	$2.072M	1.3%	$146.70	+33.9%	COM	38141G104
CCL	CARNIVAL CORP.	32,290	$2.059M	1.3%	$44.69	+27.2%	UNIT	143658300
—	ANIXTER INTL	28,950	$2.035M	1.3%	$62.82	—	COM	035290105
—	CBS	34,931	$2.007M	1.3%	$49.28	—	CL B	124857202
ON	ON SEMICONDUCTOR CORP	108,406	$1.998M	1.3%	$11.03	+93.7%	COM	682189105
WFC	WELLS FARGO AND CO	37,916	$1.993M	1.3%	$34.92	+33.2%	COM	949746101
TSN	TYSON FOODS	32,051	$1.908M	1.2%	$30.64	+66.0%	CL A	902494103
STAG	STAG INDUSTRIAL	69,082	$1.9M	1.2%	$27.32	—	COM	85254J102
HBAN	HUNTINGTON BANCSHARES INC	127,085	$1.896M	1.2%	$11.11	0.0%	COM	446150104
LEN	LENNAR CORP CL A	40,520	$1.892M	1.2%	$42.53	+8.7%	CL A	526057104
DLX	DELUXE CORP.	33,065	$1.883M	1.2%	$36.32	+16.2%	COM	248019101
—	SINCLAIR BROADCASTING GROUP	66,042	$1.872M	1.2%	$32.71	—	CL A	829226109
PKG	PACKAGING CORP OF AMERICA	17,033	$1.868M	1.2%	$89.95	0.0%	COM	695156109
DOX	AMDOCS LTD.	27,982	$1.846M	1.2%	$41.43	+37.2%	SHS	G02602103
APOG	APOGEE ENTERPRISES	43,837	$1.811M	1.2%	$37.19	+10.1%	COM	037598109
RHHBY	ROCHE HOLDINGS LIMITED	60,058	$1.811M	1.2%	$31.62	—	ADR	771195104
—	LAM RESEARCH CORP	11,934	$1.81M	1.2%	$56.59	—	COM	512807108
ST	SENSATA TECHNOLOGY	35,757	$1.772M	1.1%	$53.31	-1.8%	SHS	G8060N102
LYB	LYONDELLBASELL INDUSTRIES	17,041	$1.747M	1.1%	$51.32	+33.9%	SHS	N53745100
MHO	M/I HOMES INC	72,524	$1.735M	1.1%	$23.76	+9.2%	COM	55305B101
MGA	MAGNA INTL INC	32,863	$1.726M	1.1%	$33.33	+33.4%	COM	559222401
SWKS	SKYWORKS SOLUTIONS	18,798	$1.705M	1.1%	$81.54	-3.3%	COM	83088M102
—	HI CRUSH PARTNERS LP	157,677	$1.703M	1.1%	$10.70	—	COM	428337109
MBGAF	DAIMLER AG	26,943	$1.698M	1.1%	$42.35	+2.1%	ADR	D1668R123
ABBV	ABBVIE INC	17,929	$1.696M	1.1%	$39.92	+73.2%	COM	00287Y109
—	GULFPORT ENERGY CORP	161,779	$1.684M	1.1%	$11.66	—	COM	402635304
THO	THOR INDUSTRIES INC	19,988	$1.673M	1.1%	$47.99	+70.0%	COM	885160101
PPC	PILGRIMS PRIDE CORP	91,919	$1.663M	1.1%	$21.49	-13.9%	COM	72147K108
BAESY	BAE SYSTEMS PLC	48,963	$1.611M	1.0%	$33.26	—	PLC	05523R107
UNM	UNUM GROUP	41,015	$1.602M	1.0%	$51.56	-27.6%	COM	91529Y106
BAC	BANK OF AMERICA CORP	53,510	$1.576M	1.0%	$25.36	+0.4%	COM	060505104
WPP	WPP PLC	21,354	$1.565M	1.0%	$103.83	—	ADR	92937A102
ICHR	ICHOR HOLDINGS	75,670	$1.545M	1.0%	$20.90	+4.9%	SHS	G4740B105
AMAT	APPLIED MATLS INC COM	35,655	$1.378M	0.9%	$50.88	-20.0%	COM	038222105
SNX	SYNNEX CORP	16,030	$1.358M	0.9%	$48.65	-9.3%	COM	87162W100
TSEM	TOWER SEMICONDUCTOR ORD	60,968	$1.327M	0.9%	$21.94	-2.6%	SHS	M87915274
HTGC	HERCULES CAPITAL INC	98,097	$1.291M	0.8%	$13.04	+2.3%	COM	427096508
—	TENNECO INC	29,045	$1.224M	0.8%	$46.96	—	COM	880349105
OSK	OSHKOSH CORP	16,319	$1.163M	0.7%	$63.84	0.0%	COM	688239201
HOFT	HOOKER FURNITURE CORP	34,266	$1.158M	0.7%	$35.64	+23.8%	COM	439038100
PVH	PVH Corp	7,462	$1.078M	0.7%	$112.65	+29.9%	ADR	693656100
BWA	BORG WARNER	21,948	$939K	0.6%	$39.07	-10.5%	COM	099724106
COHU	COHU INC COM	34,581	$868K	0.6%	$17.68	+38.3%	COM	192576106
UCTT	ULTRA CLEAN HOLDINGS	68,839	$864K	0.6%	$12.35	+17.7%	COM	90385V107
ACM	AECOM TECH CORP.	23,045	$753K	0.5%	$31.82	-0.4%	COM	00766T100
—	INTERPUBLIC GROUP	31,078	$711K	0.5%	$16.96	-0.8%	COM	460690100
SPB	SPECTRUM BRANDS INC	9,224	$689K	0.4%	$82.40	+2.7%	COM	84790A105
—	CENTURY BANCORP	8,970	$648K	0.4%	$77.92	—	CL A	156432106
NUE	NUCOR CORPORATION	8,840	$561K	0.4%	$54.59	0.0%	COM	670346105
—	TOWER INTERNATIONAL	17,307	$524K	0.3%	$27.60	—	COM	891826109
WNC	WABASH NATIONAL	26,815	$489K	0.3%	$17.05	-5.7%	COM	929566107
MBIN	MERCHANTS BANCORP	10,881	$277K	0.2%	$14.85	+10.4%	COM	58844R108
—	ARRIS INTERNATIONAL	8,410	$219K	0.1%	$25.21	—	COM	G0551A103
CVGI	COMMERCIAL VEHICLE GROUP INC	12,000	$110K	0.1%	$8.35	0.0%	COM	202608105