Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft Corp.	2,852,714	$326M	3.6%	—	—	COMMON	594918104
BIDU	Baidu, Inc. ADR	1,282,642	$293M	3.2%	—	—	ADR	056752108
KMT	Kennametal, Inc.	5,499,868	$240M	2.7%	—	—	COMMON	489170100
FAF	First American Financial Corp.	4,446,929	$229M	2.5%	—	—	COMMON	31847R102
—	Lazard Ltd.	4,539,483	$218M	2.4%	—	—	COMMON	G54050102
—	MSG Networks, Inc.	7,986,279	$206M	2.3%	—	—	COMMON	553573106
PM	Philip Morris Intl, Inc.	2,375,940	$194M	2.1%	—	—	COMMON	718172109
KEYS	Keysight Technologies, Inc.	2,818,898	$187M	2.1%	—	—	COMMON	49338L103
GILD	Gilead Sciences, Inc.	2,404,049	$186M	2.1%	—	—	COMMON	375558103
ZBRA	Zebra Technologies Corp.	1,038,737	$184M	2.0%	—	—	COMMON	989207105
SJM	J.M. Smucker Co.	1,762,452	$181M	2.0%	—	—	COMMON	832696405
NTRS	Northern Trust Corp.	1,749,189	$179M	2.0%	—	—	COMMON	665859104
MAT	Mattel, Inc.	11,360,760	$178M	2.0%	—	—	COMMON	577081102
—	Laboratory Corp. of America Holdings	1,012,147	$176M	1.9%	—	—	COMMON	50540R409
SNA	Snap-On, Inc.	919,680	$169M	1.9%	—	—	COMMON	833034101
—	Interpublic Group of Cos., Inc.	7,377,194	$169M	1.9%	—	—	COMMON	460690100
CRL	Charles River Laboratories Intl, Inc.	1,253,966	$169M	1.9%	—	—	COMMON	159864107
KKR	KKR & Co. Inc.	5,899,119	$161M	1.8%	—	—	COMMON	48251W104
—	U.S. Silica Holdings, Inc.	8,432,203	$159M	1.8%	—	—	COMMON	90346E103
—	Nielsen Holdings plc	5,440,749	$150M	1.7%	—	—	COMMON	G6518L108
JNJ	Johnson & Johnson	1,024,773	$142M	1.6%	—	—	COMMON	478160104
—	Viacom, Inc.	4,079,675	$138M	1.5%	—	—	COMMON	92553P201
NOK	Nokia Corp. ADR	24,133,162	$135M	1.5%	—	—	ADR	654902204
SSD	Simpson Manufacturing Co., Inc.	1,774,558	$129M	1.4%	—	—	COMMON	829073105
BRK/B	Berkshire Hathaway Inc.	560,217	$120M	1.3%	—	—	COMMON	084670702
ZBH	Zimmer Biomet Holdings, Inc.	904,186	$119M	1.3%	—	—	COMMON	98956P102
TGNA	TEGNA, Inc.	9,886,434	$118M	1.3%	—	—	COMMON	87901J105
—	Stericycle Inc.	1,914,750	$112M	1.2%	—	—	COMMON	858912108
SLB	Schlumberger Ltd.	1,731,746	$105M	1.2%	—	—	COMMON	806857108
AFL	AFLAC, Inc.	2,203,665	$104M	1.1%	—	—	COMMON	001055102
JLL	JLL	715,900	$103M	1.1%	—	—	COMMON	48020Q107
—	Bristow Group, Inc.	8,186,048	$99.3M	1.1%	—	—	COMMON	110394103
SWK	Stanley Black & Decker, Inc.	657,626	$96.3M	1.1%	—	—	COMMON	854502101
—	MTS Systems Corp.	1,746,141	$95.6M	1.1%	—	—	COMMON	553777103
RCL	Royal Caribbean Cruises Ltd.	694,050	$90.19M	1.0%	—	—	COMMON	V7780T103
MSGS	The Madison Square Garden Co.	275,259	$86.8M	1.0%	—	—	COMMON	55825T103
—	Oaktree Capital Group LLC	2,079,001	$86.07M	1.0%	—	—	COMMON	674001201
CBRE	CBRE Group, Inc.	1,889,877	$83.34M	0.9%	—	—	COMMON	12504L109
WU	Western Union Co.	4,112,165	$78.38M	0.9%	—	—	COMMON	959802109
BRC	Brady Corp.	1,791,085	$78.36M	0.9%	—	—	COMMON	104674106
—	Anixter Intl, Inc.	1,105,270	$77.7M	0.9%	—	—	COMMON	035290105
TMO	Thermo Fisher Scientific, Inc.	315,897	$77.1M	0.9%	—	—	COMMON	883556102
OMC	Omnicom Group, Inc.	1,118,798	$76.1M	0.8%	—	—	COMMON	681919106
BIO	Bio-Rad Laboratories, Inc.	232,661	$72.82M	0.8%	—	—	COMMON	090572207
BWA	BorgWarner, Inc.	1,696,170	$72.56M	0.8%	—	—	COMMON	099724106
VZ	Verizon Communications Inc.	1,354,173	$72.3M	0.8%	—	—	COMMON	92343V104
—	Meredith Corp.	1,403,625	$71.66M	0.8%	—	—	COMMON	589433101
—	CBS Corp.	1,241,544	$71.33M	0.8%	—	—	COMMON	124857202
—	GlaxoSmithKline plc ADR	1,705,128	$68.5M	0.8%	—	—	ADR	37733W105
—	International Speedway Corp.	1,513,750	$66.3M	0.7%	—	—	COMMON	460335201
PGR	Progressive Corp.	916,909	$65.14M	0.7%	—	—	COMMON	743315103
AXP	American Express Co.	605,168	$64.44M	0.7%	—	—	COMMON	025816109
JHG	Janus Henderson Group plc	2,371,639	$63.94M	0.7%	—	—	ORD SHS	G4474Y214
—	Pioneer Natural Resources Co	362,754	$63.19M	0.7%	—	—	COMMON	723787107
FLR	Fluor Corp.	1,083,011	$62.92M	0.7%	—	—	COMMON	343412102
HLI	Houlihan Lokey, Inc.	1,388,621	$62.39M	0.7%	—	—	COMMON	441593100
ITW	Illinois Tool Works, Inc.	425,214	$60.01M	0.7%	—	—	COMMON	452308109
—	Core Laboratories N.V.	500,360	$57.96M	0.6%	—	—	COMMON	N22717107
CVSA	Adtalem Global Education, Inc.	1,185,289	$57.13M	0.6%	—	—	COMMON	00737L103
EOG	EOG Resources Inc.	434,418	$55.42M	0.6%	—	—	COMMON	26875P101
BOKF	BOK Financial Corp.	555,898	$54.08M	0.6%	—	—	COMMON	05561Q201
—	China Mobile Ltd. ADR	1,100,340	$53.84M	0.6%	—	—	ADR	16941M109
WTW	Willis Towers Watson plc	380,844	$53.68M	0.6%	—	—	SHS	G96629103
—	Nordstrom, Inc.	850,962	$50.9M	0.6%	—	—	COMMON	655664100
CAH	Cardinal Health, Inc.	927,657	$50.09M	0.6%	—	—	COMMON	14149Y108
—	National Oilwell Varco	1,088,679	$46.9M	0.5%	—	—	COMMON	637071101
LFUS	Littelfuse, Inc.	234,146	$46.34M	0.5%	—	—	COMMON	537008104
FICO	Fair Isaac Corp.	198,475	$45.36M	0.5%	—	—	COMMON	303250104
MHK	Mohawk Industries, Inc.	243,219	$42.65M	0.5%	—	—	COMMON	608190104
—	Blackstone Group L.P.	1,055,375	$40.19M	0.4%	—	—	COMMON	09253U108
SO	Southern Co.	885,251	$38.6M	0.4%	—	—	COMMON	842587107
VEA	Vanguard FTSE Developed ETF	882,433	$38.18M	0.4%	—	—	ETF	921943858
—	Team, Inc.	1,664,477	$37.45M	0.4%	—	—	COMMON	878155100
MEI	Methode Electronics Inc.	1,012,375	$36.65M	0.4%	—	—	COMMON	591520200
AMG	Affiliated Managers Group, Inc.	267,897	$36.63M	0.4%	—	—	COMMON	008252108
DOX	Amdocs Ltd.	501,877	$33.11M	0.4%	—	—	COMMON	G02602103
COST	Costco Wholesale Corp.	138,012	$32.42M	0.4%	—	—	COMMON	22160K105
—	Kindred Biosciences, Inc.	2,176,012	$30.36M	0.3%	—	—	COMMON	494577109
—	Cowen Inc.	1,843,566	$30.05M	0.3%	—	—	COMMON	223622606
TS	Tenaris ADR	889,534	$29.82M	0.3%	—	—	ADR	88031M109
CNTY	Century Casinos, Inc.	3,904,555	$29.13M	0.3%	—	—	COMMON	156492100
BSAC	Banco Santander-Chile ADR	897,525	$28.7M	0.3%	—	—	ADR	05965X109
DGX	Quest Diagnostics Inc.	260,261	$28.09M	0.3%	—	—	COMMON	74834L100
BCO	Brink's Co.	401,432	$28M	0.3%	—	—	COMMON	109696104
—	Dun & Bradstreet Corp.	190,431	$27.14M	0.3%	—	—	COMMON	26483E100
TILE	Interface, Inc.	1,121,525	$26.19M	0.3%	—	—	COMMON	458665304
OXY	Occidental Petroleum Corp.	278,664	$22.9M	0.3%	—	—	COMMON	674599105
ICE	IntercontinentalExchange, Inc.	299,763	$22.45M	0.2%	—	—	COMMON	45866F104
GRBK	Green Brick Partners Inc.	2,117,354	$21.39M	0.2%	—	—	COMMON	392709101
—	RealNetworks, Inc.	7,204,679	$21.18M	0.2%	—	—	COMMON	75605L708
USB	U.S. Bancorp	393,774	$20.8M	0.2%	—	—	COMMON	902973304
—	ORBCOMM, Inc.	1,870,680	$20.32M	0.2%	—	—	COMMON	68555P100
—	Telenav Inc.	3,852,180	$19.45M	0.2%	—	—	COMMON	879455103
CSWC	Capital Southwest Corp.	1,021,415	$19.39M	0.2%	—	—	COMMON	140501107
—	Safeguard Scientifics Inc.	1,874,240	$17.52M	0.2%	—	—	COMMON	786449207
—	Atlas Financial Holdings, Inc.	1,734,710	$17.43M	0.2%	—	—	COMMON	G06207115
—	Rosetta Stone Inc.	854,882	$17M	0.2%	—	—	COMMON	777780107
STRT	Strattec Security Corp.	398,196	$14.2M	0.2%	—	—	COMMON	863111100
—	Edgewater Technology Inc.	2,822,590	$14.17M	0.2%	—	—	COMMON	280358102
—	Ballantyne Strong, Inc.	3,381,466	$13.53M	0.1%	—	—	COMMON	058516105
GSIT	GSI Technology Inc.	1,828,255	$12.62M	0.1%	—	—	COMMON	36241U106
QCOM	QUALCOMM Inc.	174,200	$12.55M	0.1%	—	—	COMMON	747525103
—	Mitcham Industries, Inc.	2,973,954	$12.34M	0.1%	—	—	COMMON	606501104
TRC	Tejon Ranch Co.	567,727	$12.32M	0.1%	—	—	COMMON	879080109
—	Emcore Corporation	2,412,864	$11.46M	0.1%	—	—	COMMON	290846203
—	Banco Santander Mexico SA ADR	1,460,990	$11.34M	0.1%	—	—	ADR	05969B103
ALOT	AstroNova, Inc.	519,221	$11.21M	0.1%	—	—	COMMON	04638F108
HMN	Horace Mann Educators Corp.	248,883	$11.18M	0.1%	—	—	COMMON	440327104
LAKE	Lakeland Industries, Inc.	833,499	$11.09M	0.1%	—	—	COMMON	511795106
ACWX	ISHARES MSCI ACWI EX US ETF	231,557	$11.04M	0.1%	—	—	ETF	464288240
ORCL	Oracle Corp.	211,438	$10.9M	0.1%	—	—	COMMON	68389X105
—	Sotheby's	218,279	$10.74M	0.1%	—	—	COMMON	835898107
—	PCTEL, Inc.	2,279,817	$10.6M	0.1%	—	—	COMMON	69325Q105
—	180 Degree Capital Corp	4,794,034	$10.41M	0.1%	—	—	COMMON	68235B109
LMT	Lockheed Martin Corp.	28,769	$9.953M	0.1%	—	—	COMMON	539830109
—	Hanger, Inc.	476,407	$9.924M	0.1%	—	—	COMMON	41043F208
TPR	Tapestry, Inc.	196,192	$9.863M	0.1%	—	—	COMMON	876030107
MOS	Mosaic Co.	282,355	$9.171M	0.1%	—	—	COMMON	61945C103
—	Perceptron, Inc.	914,619	$8.918M	0.1%	—	—	COMMON	71361F100
FN	Fabrinet	181,933	$8.416M	0.1%	—	—	SHS	G3323L100
ASPN	Aspen Aerogels Inc.	1,838,989	$8.404M	0.1%	—	—	COMMON	04523Y105
ACTG	Acacia Research Corp.	2,514,436	$8.046M	0.1%	—	—	COMMON	003881307
MATW	Matthews Intl Corp.	155,458	$7.796M	0.1%	—	—	COMMON	577128101
XOM	Exxon Mobil Corp.	90,267	$7.675M	0.1%	—	—	COMMON	30231G102
CPIX	Cumberland Pharmaceuticals, Inc.	1,290,317	$7.368M	0.1%	—	—	COMMON	230770109
—	Foot Locker, Inc.	141,905	$7.234M	0.1%	—	—	COMMON	344849104
CARS	Cars.com Inc.	253,959	$7.012M	0.1%	—	—	COMMON	14575E105
CVU	CPI Aerostructures, Inc.	819,857	$6.846M	0.1%	—	—	COMMON	125919308
—	Apache Corp.	136,456	$6.505M	0.1%	—	—	COMMON	037411105
—	Synacor, Inc.	4,010,712	$6.417M	0.1%	—	—	COMMON	871561106
NVS	Novartis AG ADR	70,379	$6.064M	0.1%	—	—	ADR	66987V109
—	SeaChange Intl, Inc.	3,359,775	$6.014M	0.1%	—	—	COMMON	811699107
GIFI	Gulf Island Fabrication, Inc.	598,585	$5.956M	0.1%	—	—	COMMON	402307102
EXPD	Expeditors Intl of Washington	75,708	$5.567M	0.1%	—	—	COMMON	302130109
BK	Bank of New York Mellon Corp.	103,076	$5.256M	0.1%	—	—	COMMON	064058100
GS	Goldman Sachs Group, Inc.	23,343	$5.234M	0.1%	—	—	COMMON	38141G104
AYI	Acuity Brands	31,678	$4.98M	0.1%	—	—	COMMON	00508Y102
—	Orion Energy Systems, Inc.	4,648,359	$4.462M	0.0%	—	—	COMMON	686275108
MOV	Movado Group Inc.	88,200	$3.696M	0.0%	—	—	COMMON	624580106
—	Barrick Gold Corp.	330,572	$3.663M	0.0%	—	—	COMMON	067901108
—	Pandora Media, Inc.	341,880	$3.251M	0.0%	—	—	COMMON	698354107
—	Jernigan Capital, Inc.	160,406	$3.094M	0.0%	—	—	COMMON	476405105
—	Rubicon Project Inc.	620,120	$2.232M	0.0%	—	—	COMMON	78112V102
—	Acacia Communications, Inc.	50,764	$2.1M	0.0%	—	—	COMMON	00401C108
RBCN	Rubicon Technology, Inc.	224,775	$2.018M	0.0%	—	—	COMMON	78112T206
—	Discover Financial Services	22,994	$1.758M	0.0%	—	—	COMMON	254709108
SRE	Sempra Energy	13,429	$1.528M	0.0%	—	—	COMMON	816851109
CRWS	Crown Crafts, Inc.	249,879	$1.424M	0.0%	—	—	COMMON	228309100
—	AutoWeb Inc.	480,662	$1.423M	0.0%	—	—	COMMON	05335B100
—	Digirad Corp.	940,343	$1.411M	0.0%	—	—	COMMON	253827109
AXTI	AXT Inc.	165,743	$1.185M	0.0%	—	—	COMMON	00246W103
PCYO	Pure Cycle Corp.	90,075	$1.04M	0.0%	—	—	COMMON	746228303
—	American Electric Technologies, Inc.	685,288	$483K	0.0%	—	—	COMMON	025576109
—	GlassBridge Enterprises Inc.	816,748	$466K	0.0%	—	—	COMMON	377185103