Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
BF/B	BROWN FORMAN CORP CL B	367,798	$24.48M	5.3%	$57.53	+18.3%	COM	115637209
UNM	UNUM GROUP	581,752	$22.57M	4.9%	$28.31	+29.2%	COM	91529Y106
TRMLF	TOURMALINE OIL CORP COM	423,097	$22.03M	4.7%	$12.36	+261.8%	COM	89156V106
AIT	APPLIED INDL TECHNLGIES INC CO	166,665	$17.13M	3.7%	$36.66	+171.8%	COM	03820C105
FSLR	FIRST SOLAR INC COM	106,000	$14.02M	3.0%	$43.97	+143.7%	COM	336433107
EG	EVEREST RE GROUP	51,382	$13.48M	2.9%	$103.46	+146.7%	COM	G3223R108
INGR	INGREDION INC COM	158,290	$12.74M	2.7%	$82.45	+6.4%	COM	457187102
NUE	NUCOR CORP	111,111	$11.89M	2.6%	$32.41	+267.5%	COM	670346105
SIG	SIGNET JEWELERS LIMITED SHS	200,410	$11.46M	2.5%	$35.90	+60.8%	COM	G81276100
WSO	WATSCO INC	42,925	$11.05M	2.4%	$84.42	+221.0%	COM	942622200
WST	WEST PHARMACEUTICAL SVCS INCCO	43,590	$10.73M	2.3%	$33.09	+812.6%	COM	955306105
BHF	BRIGHTHOUSE FINL INC COM	219,725	$9.54M	2.1%	$43.85	+3.8%	COM	10922N103
CTO	CTO REALTY GROWTH INC COM	462,968	$8.676M	1.9%	$29.21	—	COM	22948Q101
UPS	UNITED PARCEL SVC INC CL B	53,690	$8.673M	1.9%	$55.38	+189.8%	COM	911312106
ALG	ALAMO GROUP INC COM	69,052	$8.443M	1.8%	$72.35	+72.2%	COM	011311107
GRC	GORMAN RUPP CO	354,522	$8.434M	1.8%	$26.04	+4.2%	COM	383082104
CALY	CALLAWAY GOLF CO COM	426,544	$8.215M	1.8%	$11.64	+89.8%	COM	131193104
—	AEGON N V NY REGISTRY SH	1,907,610	$7.554M	1.6%	$4.48	—	COM	007924103
—	TEXTAINER GROUP HOLDINGS LTDSH	272,691	$7.325M	1.6%	$14.48	—	COM	G8766E109
SCL	STEPAN CHEMICAL CO	77,397	$7.25M	1.6%	$57.83	+79.9%	COM	858586100
MFC	MANULIFE FINL CORP COM	436,230	$6.835M	1.5%	$14.81	+18.4%	COM	56501R106
JNJ	JOHNSON & JOHNSON COM	40,800	$6.665M	1.4%	$60.87	+151.2%	COM	478160104
BF/A	BROWN FORMAN CORP CL A	96,555	$6.523M	1.4%	$52.51	+27.6%	COM	115637100
HLMMF	HOLMEN AB-B	168,992	$6.456M	1.4%	$32.61	0.0%	COM	W4R00P201
INN	SUMMIT HOTEL PPTYS INC COM	931,161	$6.257M	1.3%	$9.65	—	COM	866082100
KIM	KIMCO RLTY CORP COM	337,952	$6.221M	1.3%	$11.43	+56.7%	COM	49446R109
—	ARGO GROUP INTL HLDGS LTD COM	306,506	$5.904M	1.3%	$31.26	—	COM	G0464B107
662	ASIA FINANCIAL HOLDINGS LTD SH	13,650,415	$5.738M	1.2%	$0.45	—	COM	G0532X107
MUR	MURPHY OIL CORP COM	155,304	$5.462M	1.2%	$22.24	+36.5%	COM	626717102
—	URSTADT BIDDLE PPTYS INC CL A	324,927	$5.04M	1.1%	$14.71	—	COM	917286205
—	GRUPO ROTOPLAS SAB DE CV	3,403,929	$4.873M	1.1%	$0.99	—	COM	BTF8HD3MX
AMWD	AMERICAN WOODMARK CORP COM	110,995	$4.868M	1.0%	$69.05	-29.4%	COM	030506109
BWEN	BROADWIND ENERGY INC COM NEW	1,607,542	$4.855M	1.0%	$3.52	-27.6%	COM	11161T207
WSM	WILLIAMS SONOMA INC COM	39,415	$4.645M	1.0%	$25.65	+159.2%	COM	969904101
BBT	BERKSHIRE HILLS BANCORP INC CO	165,432	$4.516M	1.0%	$15.30	+63.1%	COM	084680107
PEP	PEPSICO INC	26,649	$4.351M	0.9%	$56.07	+175.4%	COM	713448108
—	HMN FINL INC COM	193,755	$4.34M	0.9%	$8.00	—	COM	40424G108
—	PHOENIX COS INC NEW QUIBS 2032	266,900	$4.257M	0.9%	$21.86	—	PREFERRED STOCKS	71902E208
GD	GENERAL DYNAMICS CORP COM	20,000	$4.243M	0.9%	$96.13	+119.3%	COM	369550108
—	SOUTH JERSEY INDS INC COM	123,700	$4.134M	0.9%	$21.50	—	COM	838518108
ORN	ORION MARINE GROUP INC COM	1,551,439	$4.096M	0.9%	$5.17	-49.2%	COM	68628V308
CTRA	COTERRA ENERGY INC. COM	151,240	$3.951M	0.9%	$16.87	+46.5%	COM	127097103
LNT	ALLIANT CORP COM	72,345	$3.834M	0.8%	$31.10	+73.2%	COM	018802108
BA	BOEING CO	30,750	$3.723M	0.8%	$135.00	+13.6%	COM	097023105
—	TRITON INTL LTD CL A	66,598	$3.645M	0.8%	$37.80	—	COM	G9078F107
—	KIMBALL INTL INC CL B	544,836	$3.427M	0.7%	$9.13	—	COM	494274103
HP	HELMERICH & PAYNE INC	81,887	$3.027M	0.7%	$50.94	-17.4%	COM	423452101
LND	BRASILAGRO COMPANHIA BRASILESP	531,276	$2.975M	0.6%	$5.21	—	COM	10554B104
CSWC	CAPITAL SOUTHWEST CORP COM	169,471	$2.871M	0.6%	$7.46	+71.4%	COM	140501107
DVN	DEVON ENERGY CORP NEW COM	46,586	$2.801M	0.6%	$18.02	+193.8%	COM	25179M103
—	WESTPORT FUEL SYSTEMS INC.	3,137,756	$2.735M	0.6%	$1.66	—	COM	960908309
TWIN	TWIN DISC INC COM	223,385	$2.562M	0.6%	$12.86	-25.9%	COM	901476101
GHM	GRAHAM CORP COM	272,342	$2.394M	0.5%	$10.55	-20.8%	COM	384556106
XOM	EXXON MOBIL CORPORATION	27,099	$2.366M	0.5%	$53.69	+51.5%	COM	30231G102
MSADF	MS&AD INS GP HLDG (8725-JP)	87,660	$2.324M	0.5%	$8.23	+19.9%	COM	J4687C105
MSFT	MICROSOFT CORP COM	9,150	$2.131M	0.5%	$33.74	+661.3%	COM	594918104
VWDRY	VESTAS WIND SYS AS UNSP ADR	343,500	$2.092M	0.5%	$12.45	—	COM	925458101
—	ENERPLUS CORPORATION	147,084	$2.084M	0.4%	$7.65	—	COM	292766102
KE	KIMBALL ELECTRONICS INC COM	120,250	$2.062M	0.4%	$18.52	+10.1%	COM	49428J109
TKOMY	TOKIO MARINE HOLDINGS INC	113,010	$2.005M	0.4%	$22.38	—	COM	889094108
FTEK	FUEL TECH INC COM	1,713,933	$2.005M	0.4%	$2.20	-40.9%	COM	359523107
EXCOF	EXCO TECHNOLOGIES LTD COM	357,300	$1.996M	0.4%	$5.30	+0.7%	COM	30150P109
MRK	MERCK & COMPANY	21,767	$1.875M	0.4%	$31.34	+156.6%	COM	58933Y105
KRNY	KEARNY FINL CORP MD COM	175,490	$1.864M	0.4%	$13.91	-17.3%	COM	48716P108
SWGNF	SWATCH GROUP AG NAMEN AKT	41,800	$1.774M	0.4%	$53.61	-15.3%	COM	H83949133
ALOT	ASTRONOVA INC NEW COM	146,659	$1.716M	0.4%	$10.65	+13.8%	COM	04638F108
—	WESTERN ASSET CLYM INFL OPP CO	187,772	$1.703M	0.4%	$11.36	—	MUTUAL FUNDS	95766R104
TWI	TITAN INTL INC ILL COM	139,322	$1.691M	0.4%	$4.88	+193.7%	COM	88830M102
DWSN	DAWSON GEOPHYSICAL CO NEW COM	1,053,894	$1.676M	0.4%	$3.59	-64.6%	COM	239360100
APOG	APOGEE ENTERPRISES INC COM	43,000	$1.644M	0.4%	$19.41	+94.8%	COM	037598109
RSHPF	IRISH RESIDENTL PPTYS REIT POR	1,502,608	$1.638M	0.4%	$1.09	—	COM	G49456109
—	BROADWAY FINL CORP DEL COM	1,436,727	$1.624M	0.4%	$2.19	—	COM	111444105
AAPL	APPLE COMPUTER INC COM	11,219	$1.55M	0.3%	$92.51	+66.8%	COM	037833100
—	SENSTAR TECHNOLOGIES LTD ORD	880,979	$1.524M	0.3%	$3.32	—	COM	M8T77E105
GNLAF	GENESIS LAND DEV CORP COM	967,506	$1.439M	0.3%	$2.19	-22.8%	COM	37183V102
—	CHUBU NIPPON BROADCAST CO LTSH	374,470	$1.39M	0.3%	$5.73	—	COM	J06594105
—	ORION ENERGY SYSTEMS INC COM	839,844	$1.31M	0.3%	$2.01	—	COM	686275108
FEIM	FREQUENCY ELECTRS INC COM	222,683	$1.28M	0.3%	$7.83	-35.9%	COM	358010106
SHEL	SHELL PLC SPON ADS	24,816	$1.235M	0.3%	$54.92	—	COM	780259305
VABK	VIRGINIA NATL BANKSHARES CORCO	34,279	$1.112M	0.2%	$33.74	-3.7%	COM	928031103
BGOUF	BANG & OLUFSEN HLG ORD B	922,986	$1.108M	0.2%	$3.15	-30.5%	COM	K07774126
—	BRUNSWICK BANCORP INC COM	70,152	$1.098M	0.2%	$6.91	—	COM	117030106
WRB	BERKLEY W R CORP COM	16,580	$1.071M	0.2%	$16.49	+142.6%	COM	084423102
GOOGL	ALPHABET CLASS A	10,450	$1M	0.2%	$116.64	-5.6%	COM	02079K305
—	SANDY SPRING BANCORP INC COM	28,245	$996K	0.2%	$38.76	—	COM	800363103
CULP	CULP INC COM	217,484	$948K	0.2%	$5.88	-19.5%	COM	230215105
CSW	CSW INDUSTRIALS INC COM	7,853	$941K	0.2%	$34.83	+246.3%	COM	126402106
NWN	NORTHWEST NAT HLDG CO COM	20,014	$868K	0.2%	$49.69	+2.0%	COM	66765N105
RYAM	RAYONIER ADVANCED MATLS INC CO	256,373	$808K	0.2%	$10.07	-60.2%	COM	75508B104
CIMEF	CIMC ENRIC HOLDINGS LTD SHS	751,000	$801K	0.2%	$0.17	+71.4%	COM	G2198S109
SUZ	SUZANO PAPEL E CELULOSE S A SP	93,724	$773K	0.2%	$15.74	—	COM	86959K105
—	WESTROCK CO COM	23,335	$721K	0.2%	$51.44	—	COM	96145D105
0NMK	VESTAS WIND SYS AS SHS	37,500	$699K	0.2%	$45.90	—	COM	K9773J128
—	URSTADT BIDDLE PPTYS INC COM	41,164	$650K	0.1%	$12.62	—	COM	917286106
—	CHS INC RED PFD SER3 C	24,579	$608K	0.1%	$24.07	—	PREFERRED STOCKS	12542R704
KEWL	KEWEENAW LD ASSN LTD COM	33,948	$599K	0.1%	$11.58	+64.0%	COM	493026108
BMY	BRISTOL MYERS SQUIBB CO	8,073	$574K	0.1%	$28.67	+117.3%	COM	110122108
PFE	PFIZER INC COM	11,998	$525K	0.1%	$16.46	+145.5%	COM	717081103
—	SUMMIT HOTEL PPTYS INC SER E	29,259	$513K	0.1%	$17.53	—	PREFERRED STOCKS	866082605
FFXDF	FAIRFAX INDIA HLDGS CORP COM S	49,560	$470K	0.1%	$11.02	-4.2%	COM	303897102
—	SPINNOVA OYJ	91,324	$417K	0.1%	$7.07	—	COM	00BKP8KY2
—	BOULDER GROWTH & INCOME FD ICO	36,560	$398K	0.1%	$7.93	—	COM	101507101
BRRE	BLUE RIDGE REAL ESTATE CO COM	38,376	$384K	0.1%	$6.34	+54.8%	COM	096005301
WMT	WAL MART STORES INC	2,950	$383K	0.1%	$20.00	+109.9%	COM	931142103
—	SUMMIT HOTEL PPTYS INC SER F	21,121	$382K	0.1%	$20.76	—	PREFERRED STOCKS	866082704
OCFC	OCEANFIRST FINL CORP COM	20,404	$380K	0.1%	$12.81	+32.1%	COM	675234108
THG	HANOVER INS GROUP INC COM	2,775	$356K	0.1%	$34.95	+255.4%	COM	410867105
—	WESTERN ASSET CLYM INFL SEC CO	38,589	$345K	0.1%	$11.30	—	MUTUAL FUNDS	95766Q106
ES	EVERSOURCE ENERGY COM	4,200	$327K	0.1%	$38.94	+95.3%	COM	30040W108
PTEN	PATTERSON-UTI ENERGY INC COM	25,400	$297K	0.1%	$3.93	+263.5%	COM	703481101
—	ARGO GROUP US INC SR NT 42	12,223	$280K	0.1%	$24.97	—	PREFERRED STOCKS	040130205
COP	CONOCOPHILLIPS COM	2,730	$279K	0.1%	$79.66	+10.7%	COM	20825C104
CSCO	CISCO SYS INC COM	6,940	$278K	0.1%	$20.16	+98.6%	COM	17275R102
—	JZ CAPITAL PRTNRS LTD GUERNSSH	141,112	$270K	0.1%	$2.10	—	COM	G5216J134
—	AEGON NV SHS	59,989	$228K	0.0%	$4.93	—	COM	N00927298
FXNC	FIRST NATL CORP COM	14,587	$223K	0.0%	$15.41	0.0%	COM	32106V107
HAIN	HAIN CELESTIAL GROUP INC COM	12,500	$211K	0.0%	$21.49	0.0%	COM	405217100
GOOG	ALPHABET CLASS C	2,160	$208K	0.0%	$116.34	-4.7%	COM	02079K107
DHR	DANAHER CORP SHS BEN INT	800	$207K	0.0%	$217.14	+10.8%	COM	235851102
—	TUESDAY MORNING CORP COM NEW	1,683,330	$203K	0.0%	$2.56	—	COM	89904V101
—	LUBYS CAFETERIAS INC COM	106,401	$192K	0.0%	$4.59	—	COM	549282101
—	DANIELI & CO.	10,500	$179K	0.0%	$17.05	—	COM	T73148115
—	SHORE CAPITAL GROUP	88,056	$165K	0.0%	$1.87	—	COM	BGCZJ74GB
RBKB	RHINEBECK BANCORP INC COM	12,462	$122K	0.0%	$9.73	-3.4%	COM	762093102
CIBEY	COMMERCIAL INTL BK EGYPT S ASP	100,446	$117K	0.0%	$3.44	—	COM	201712304
XBNYX	BLACKROCK N Y MUN INCOME TRUSH	10,082	$99,000	0.0%	$15.10	—	COM	09248L106
BNMLX	BLACKROCK MUN BD FD INC NATL M	10,178	$97,000	0.0%	$10.92	—	MUTUAL FUNDS	09253C744
FFXXF	HELIOS FAIRFAX PARTNERS CORPCO	29,300	$72,000	0.0%	$3.66	-21.8%	COM	42328X104
NWBO	NORTHWEST BIOTHERAPEUTICS INCO	14,705	$10,000	0.0%	$1.43	-51.3%	COM	66737P600
KIDBQ	KID BRANDS, INC. COM	23,000	$0	0.0%	$1.44	-100.0%	COM	49375T100
—	GASFRAC ENERGY SVCS INC COM	31,000	$0	0.0%	$1.29	—	COM	367257201