Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GPK	Graphic Packaging Holding Com	16,229,932	$270.2B	5.7%	$13.05	+21.5%	Common	388689101
—	Axalta Coating Systems Ltd	8,481,172	$257.8B	5.5%	$30183.59	—	Common	g0750c108
—	FireEye, Inc.	15,168,014	$250.7B	5.3%	$14997.06	—	Common	31816q101
—	Hanesbrands, Inc.	15,100,887	$224.2B	4.8%	$20806.29	—	Common	410345102
—	WPX Energy Inc.	15,199,083	$208.8B	4.4%	$12674.03	—	Common	98212b103
URBN	Urban Outfitters, Inc.	6,926,027	$192.3B	4.1%	$24.49	+13.5%	Common	917047102
ALB	Albemarle Corp	2,431,075	$177.6B	3.8%	$61.60	0.0%	Common	012653101
—	Lions Gate Entertainment Corp. Cl B	17,789,989	$176.7B	3.7%	$17209.31	—	Cl B Common	535919500
—	Caesars Entertainment Corp.	11,591,621	$157.6B	3.3%	$11788.64	—	Common	127686103
KR	Kroger Co.(The)	5,349,626	$155.1B	3.3%	$20.73	+12.2%	Common	501044101
BAC	Bank of America Corp	4,350,780	$153.2B	3.2%	$13.95	+99.3%	Common	060505104
—	FedEx Corporation	990,002	$149.7B	3.2%	$167847.05	—	Common	31428x106
—	Cadence Bancorporation	7,164,002	$129.9B	2.8%	$20014.58	—	Cl A Common	12739a100
AAPL	Apple Inc.	437,918	$128.6B	2.7%	$26.89	+130.6%	Common	037833100
—	IMAX Corporation	5,770,805	$117.9B	2.5%	$22245.46	—	Common	45245e109
—	Allscripts Healthcare Solutions, Inc.	11,679,857	$114.6B	2.4%	$11237.68	—	Common	01988p108
CMP	Compass Minerals International, Inc.	1,866,786	$113.8B	2.4%	$52.57	-5.7%	Common	20451N101
—	Regions Financial Corp	6,475,328	$111.1B	2.4%	$15577.78	—	Common	7591ep100
—	ViacomCBS Inc.	2,631,797	$110.5B	2.3%	$41970.00	—	Common	92556h206
AMCX	AMC Networks Inc.	2,753,055	$108.7B	2.3%	$55.52	-24.4%	Common	00164V103
—	AT&T Inc.	2,648,980	$103.5B	2.2%	$31412.28	—	Common	00206r102
—	Merck & Co., Inc.	1,116,469	$101.5B	2.2%	$60661.73	—	Common	58933y105
DIS	Walt Disney Company	643,219	$93.03B	2.0%	$92.05	+47.4%	Common	254687106
—	General Motors Company	2,493,213	$91.25B	1.9%	$33947.22	—	Common	37045v100
GLW	Corning Inc.	3,056,345	$88.97B	1.9%	$18.47	+32.3%	Common	219350105
ENTG	Entegris, Inc.	1,701,467	$85.23B	1.8%	$12.63	+272.0%	Common	29362U104
SPY	Spdr Trust Series 1	253,765	$81.68B	1.7%	$314144.94	—	ETF	78462F103
—	Valvoline Inc.	3,653,887	$78.23B	1.7%	$23625.51	—	Common	92047w101
—	PQ Group Holdings Inc.	4,527,611	$77.78B	1.6%	$17254.41	—	Common	73943t103
—	GreenSky, Inc.	7,962,036	$70.86B	1.5%	$10145.30	—	Common	39572g100
—	Devon Energy Corporation	2,361,482	$61.33B	1.3%	$37536.56	—	Common	25179m103
—	Maxar Technologies Holdings Inc.	3,772,016	$59.11B	1.3%	$11756.17	—	Common	57778k105
IWN	iShares Trust Russell 2000 Value Index	440,637	$56.66B	1.2%	$123692.07	—	ETF	464287630
BWXT	BWX Technologies, Inc.	834,774	$51.82B	1.1%	$37.05	+48.6%	Common	05605H100
LYV	Live Nation Entertainment, Inc.	668,762	$47.8B	1.0%	$16.76	+304.3%	Common	538034109
—	Livent Corporation	4,823,500	$41.24B	0.9%	$9251.53	—	Common	53814l108
—	Liberty Braves Group (The)	1,381,869	$40.82B	0.9%	$27458.84	—	Cl C Common	531229888
—	ChannelAdvisor Corporation	4,006,569	$36.22B	0.8%	$11317.66	—	Common	159179100
CIEN	Ciena Corporation	742,180	$31.68B	0.7%	$24.83	+53.4%	Common	171779309
—	Energy Transfer LP	2,175,960	$27.92B	0.6%	$12830.00	—	Common	29273v100
GOLF	Acushnet Holdings Corp.	809,816	$26.32B	0.6%	$18.49	+60.7%	Common	005098108
—	Liberty Media Corp Del Com A Braves Grp	419,222	$12.43B	0.3%	$25958.79	—	Cl A Common	531229706
IWM	iShares Russell 2000 ETF	72,546	$12.02B	0.3%	$168550.33	—	ETF	464287655
—	Varex Imaging Corp	384,845	$11.47B	0.2%	$28540.00	—	Common	92214x106
GDX	VANECK VECTORS ETF TR GOLD MINERS ETF	70,000	$2.05B	0.0%	$29280.00	—	ETF	92189F106
—	Lions Gate Entertainment Corp. Cl A	164,751	$1.756B	0.0%	$26896.01	—	Cl A Common	535919401
—	JPMorgan Chase 6.125 percent Pfd	67,550	$1.728B	0.0%	$26693.60	—	Preferred	48127R461
WLKP	WESTLAKE CHEM PARTNERS COM UNIT RP LP	57,679	$1.524B	0.0%	$22685.90	—	Common	960417103
—	MID AMER APT CMNTYS IN PFD SER I 8.5 percent	19,299	$1.274B	0.0%	$63599.98	—	Preferred	59522J889
—	Constellation Brands Inc. - A	5,780	$1.097B	0.0%	$81102.95	—	Cl A Common	21036p108
—	CITIGROUP INC DEP SHS PFD S	37,700	$988M	0.0%	$26396.49	—	Preferred	172967317
—	BANK AMER CORP DEP 1/1000 PFD	37,800	$944M	0.0%	$26534.72	—	Preferred	060505310
—	Goldman Sachs Group	3,700	$851M	0.0%	$208362.14	—	Common	38141g104
TMO	Thermo Fisher Scientific, Inc	2,190	$711M	0.0%	$97.02	+207.6%	Common	883556102
—	WELLS FARGO & CO NEW PFD SER X CL A	25,000	$653M	0.0%	$25540.00	—	Preferred	94988U672
BRK/B	Berkshire Hathaway Inc. Cl B	2,395	$542M	0.0%	$206.92	+5.0%	Common	084670702
—	KKR REAL ESTATE FIN TR COM	25,000	$511M	0.0%	$20170.00	—	Common	48251k100
—	Vail Resorts Inc Com	2,000	$480M	0.0%	$103420.00	—	Common	91879q109
—	Ciner Resources LP	24,889	$432M	0.0%	$22455.63	—	Common	172464109
—	Cincinnati Bell 6.75 percent Series B	9,000	$428M	0.0%	$46093.91	—	Preferred	171871403
MSFT	Microsoft Corp	2,213	$349M	0.0%	$75.60	+84.2%	Common	594918104
—	Berkshire Hathaway Inc. Cl A	100	$340M	0.0%	$2134500.00	—	Common	084990175
PG	Procter & Gamble Co	2,330	$291M	0.0%	$57.04	+84.5%	Common	742718109
—	GOLDMAN SACHS GROUP IN DEP 1/1000 SER K	10,000	$285M	0.0%	$25400.00	—	Preferred	k38148b10
—	REGIONS FINL CORP NEW DEP SHS PFD B	10,000	$282M	0.0%	$24790.00	—	Preferred	7591ep506
—	CITIGROUP INC DEP SHS RP PFD K	10,000	$282M	0.0%	$26220.00	—	Preferred	k17296734
—	Royal Carriben Cruis Com	2,000	$267M	0.0%	$114620.00	—	Common	v7780t103
—	GOLDMAN SACHS GROUP IN DEP 1/1000 SER N	10,000	$267M	0.0%	$27430.00	—	Preferred	38148b504
—	BANK AMER CORP DEP SHS PFD EE	10,000	$264M	0.0%	$26700.00	—	Preferred	060505260
—	WELLS FARGO & CO NEW DEP PFD V 1/1000	10,000	$260M	0.0%	$26430.00	—	Preferred	94988U730
—	UNITED STATES CELLULAR SR NT 120163	10,000	$258M	0.0%	$26400.00	—	Preferred	911684504
—	Tiffany & Co.	1,900	$254M	0.0%	$133650.00	—	Common	886547108
EFX	Equifax Inc.	1,800	$252M	0.0%	$100.83	+31.0%	Common	294429105
—	MORGAN STANLEY DEP 1/1000 PFD G	10,000	$250M	0.0%	$26310.00	—	Preferred	61762V507
NTR	NUTRIEN LTD COM	4,560	$218M	0.0%	$38.37	+2.2%	Common	67077M108
KEX	Kirby Corp	2,400	$215M	0.0%	$82.85	0.0%	Common	497266106
AMG	Affiliated Managers Group, Inc.	2,500	$212M	0.0%	$81.44	0.0%	Common	008252108