Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MSFT	Microsoft Corp.	2,091,981	$330M	4.1%	—	—	COMMON	594918104
PM	Philip Morris Intl, Inc.	3,803,202	$324M	4.1%	—	—	COMMON	718172109
BIDU	Baidu, Inc. ADR	1,802,894	$228M	2.9%	—	—	ADR	056752108
—	Lazard Ltd.	5,454,085	$218M	2.7%	—	—	COMMON	G54050102
KMT	Kennametal, Inc.	5,746,294	$212M	2.7%	—	—	COMMON	489170100
—	Interpublic Group of Cos., Inc.	9,088,742	$210M	2.6%	—	—	COMMON	460690100
FAF	First American Financial Corp.	3,587,345	$209M	2.6%	—	—	COMMON	31847R102
—	Stericycle Inc.	3,269,315	$209M	2.6%	—	—	COMMON	858912108
MAT	Mattel, Inc.	15,307,666	$207M	2.6%	—	—	COMMON	577081102
NTRS	Northern Trust Corp.	1,782,576	$189M	2.4%	—	—	COMMON	665859104
KKR	KKR & Co Inc.	5,900,514	$172M	2.2%	—	—	COMMON	48251W104
—	ViacomCBS Inc.	3,966,263	$166M	2.1%	—	—	COMMON	92556H206
SNA	Snap-on, Inc.	978,884	$166M	2.1%	—	—	COMMON	833034101
GILD	Gilead Sciences, Inc.	2,510,818	$163M	2.0%	—	—	COMMON	375558103
SJM	J.M. Smucker Co.	1,511,360	$157M	2.0%	—	—	COMMON	832696405
—	Nielsen Holdings plc	7,662,551	$156M	2.0%	—	—	COMMON	G6518L108
—	MSG Networks, Inc.	8,726,557	$152M	1.9%	—	—	COMMON	553573106
—	Laboratory Corp. of America Holdings	895,100	$151M	1.9%	—	—	COMMON	50540R409
JLL	JLL	812,449	$141M	1.8%	—	—	COMMON	48020Q107
JNJ	Johnson & Johnson	953,283	$139M	1.7%	—	—	COMMON	478160104
BRK/B	Berkshire Hathaway Inc.	586,349	$133M	1.7%	—	—	COMMON	084670702
CRL	Charles River Laboratories Intl, Inc.	850,094	$130M	1.6%	—	—	COMMON	159864107
KEYS	Keysight Technologies, Inc.	1,161,024	$119M	1.5%	—	—	COMMON	49338L103
ZBRA	Zebra Technologies Corp.	457,377	$117M	1.5%	—	—	COMMON	989207105
CBRE	CBRE Group, Inc.	1,803,616	$111M	1.4%	—	—	COMMON	12504L109
BOKF	BOK Financial Corp.	1,219,071	$107M	1.3%	—	—	COMMON	05561Q201
TGNA	TEGNA, Inc.	6,331,699	$106M	1.3%	—	—	COMMON	87901J105
SSD	Simpson Manufacturing Co., Inc.	1,291,242	$104M	1.3%	—	—	COMMON	829073105
TAP	Molson Coors Beverage Co	1,892,974	$102M	1.3%	—	—	COMMON	60871R209
SWK	Stanley Black & Decker, Inc.	606,656	$101M	1.3%	—	—	COMMON	854502101
MHK	Mohawk Industries, Inc.	662,711	$90.38M	1.1%	—	—	COMMON	608190104
VZ	Verizon Communications Inc.	1,451,841	$89.14M	1.1%	—	—	COMMON	92343V104
RCL	Royal Caribbean Cruises Ltd.	662,107	$88.4M	1.1%	—	—	COMMON	V7780T103
BWA	BorgWarner, Inc.	1,987,879	$86.23M	1.1%	—	—	COMMON	099724106
AFL	Aflac, Inc.	1,597,997	$84.53M	1.1%	—	—	COMMON	001055102
BIO	Bio-Rad Laboratories, Inc.	226,498	$83.81M	1.1%	—	—	COMMON	090572207
EOG	EOG Resources Inc.	949,349	$79.52M	1.0%	—	—	COMMON	26875P101
ZBH	Zimmer Biomet Holdings, Inc.	523,667	$78.38M	1.0%	—	—	COMMON	98956P102
LFUS	Littelfuse, Inc.	406,309	$77.73M	1.0%	—	—	COMMON	537008104
KN	Knowles Corporation	3,585,309	$75.83M	1.0%	—	—	COMMON	49926D109
DOX	Amdocs Ltd.	972,626	$70.21M	0.9%	—	—	COMMON	G02602103
SLB	Schlumberger Ltd.	1,744,423	$70.13M	0.9%	—	—	COMMON	806857108
—	MTS Systems Corp.	1,443,494	$69.33M	0.9%	—	—	COMMON	553777103
PGR	Progressive Corp.	956,173	$69.22M	0.9%	—	—	COMMON	743315103
NOK	Nokia Corp. ADR	17,990,370	$66.74M	0.8%	—	—	ADR	654902204
—	U.S. Silica Holdings, Inc.	10,778,483	$66.29M	0.8%	—	—	COMMON	90346E103
MAS	Masco Corporation	1,193,432	$57.27M	0.7%	—	—	COMMON	574599106
—	Pioneer Natural Resources Co	378,120	$57.24M	0.7%	—	—	COMMON	723787107
—	GlaxoSmithKline plc ADR	1,167,412	$54.86M	0.7%	—	—	ADR	37733W105
CVSA	Adtalem Global Education, Inc.	1,565,767	$54.76M	0.7%	—	—	COMMON	00737L103
WTW	Willis Towers Watson plc	270,542	$54.63M	0.7%	—	—	SHS	G96629103
MSGS	The Madison Square Garden Co.	182,336	$53.64M	0.7%	—	—	COMMON	55825T103
HLI	Houlihan Lokey, Inc.	1,080,877	$52.82M	0.7%	—	—	COMMON	441593100
OMC	Omnicom Group, Inc.	626,875	$50.79M	0.6%	—	—	COMMON	681919106
AMG	Affiliated Managers Group, Inc.	592,698	$50.23M	0.6%	—	—	COMMON	008252108
JHG	Janus Henderson Group plc	1,985,800	$48.55M	0.6%	—	—	ORD SHS	G4474Y214
BCO	Brink's Co.	520,769	$47.22M	0.6%	—	—	COMMON	109696104
—	Meredith Corp.	1,444,894	$46.92M	0.6%	—	—	COMMON	589433101
—	National Oilwell Varco	1,799,310	$45.07M	0.6%	—	—	COMMON	637071101
DGX	Quest Diagnostics Inc.	401,466	$42.87M	0.5%	—	—	COMMON	74834L100
ITW	Illinois Tool Works, Inc.	236,721	$42.52M	0.5%	—	—	COMMON	452308109
GNRC	Generac Holdings Inc.	421,276	$42.38M	0.5%	—	—	COMMON	368736104
WU	Western Union Co.	1,573,789	$42.15M	0.5%	—	—	COMMON	959802109
KMX	CarMax Inc.	477,550	$41.87M	0.5%	—	—	COMMON	143130102
—	China Mobile Ltd. ADR	964,353	$40.76M	0.5%	—	—	ADR	16941M109
CAH	Cardinal Health, Inc.	694,625	$35.13M	0.4%	—	—	COMMON	14149Y108
VEA	Vanguard FTSE Developed ETF	769,899	$33.92M	0.4%	—	—	ETF	921943858
MEI	Methode Electronics Inc.	856,782	$33.71M	0.4%	—	—	COMMON	591520200
CCL	Carnival Corp	621,390	$31.59M	0.4%	—	—	COMMON	143658300
FLR	Fluor Corp.	1,651,998	$31.19M	0.4%	—	—	COMMON	343412102
TPR	Tapestry, Inc.	1,067,575	$28.79M	0.4%	—	—	COMMON	876030107
BRC	Brady Corp.	497,354	$28.48M	0.4%	—	—	COMMON	104674106
—	Tiffany & Co.	188,015	$25.13M	0.3%	—	—	COMMON	886547108
—	Nordstrom, Inc.	599,301	$24.53M	0.3%	—	—	COMMON	655664100
KFY	Korn/Ferry International	537,522	$22.79M	0.3%	—	—	COMMON	500643200
—	Team, Inc.	1,358,122	$21.69M	0.3%	—	—	COMMON	878155100
TS	Tenaris ADR	929,806	$21.05M	0.3%	—	—	ADR	88031M109
BSAC	Banco Santander-Chile ADR	786,020	$18.13M	0.2%	—	—	ADR	05965X109
TILE	Interface, Inc.	1,082,675	$17.96M	0.2%	—	—	COMMON	458665304
BX	Blackstone Group Inc	308,156	$17.24M	0.2%	—	—	COMMON	09260D107
USB	U.S. Bancorp	285,694	$16.94M	0.2%	—	—	COMMON	902973304
—	Foot Locker, Inc.	431,483	$16.82M	0.2%	—	—	COMMON	344849104
IWN	iShares Russell 2000V ETF	129,375	$16.64M	0.2%	—	—	ETF	464287630
FICO	Fair Isaac Corp.	40,602	$15.21M	0.2%	—	—	COMMON	303250104
—	Kindred Biosciences, Inc.	1,781,770	$15.11M	0.2%	—	—	COMMON	494577109
COST	Costco Wholesale Corp.	44,912	$13.2M	0.2%	—	—	COMMON	22160K105
—	Cowen Inc.	718,116	$11.31M	0.1%	—	—	COMMON	223622606
—	ORBCOMM, Inc.	2,615,186	$11.01M	0.1%	—	—	COMMON	68555P100
HMN	Horace Mann Educators Corp.	251,450	$10.98M	0.1%	—	—	COMMON	440327104
—	Ballantyne Strong, Inc.	3,373,559	$10.93M	0.1%	—	—	COMMON	058516105
ORCL	Oracle Corp.	196,257	$10.4M	0.1%	—	—	COMMON	68389X105
—	Rosetta Stone Inc.	544,187	$9.872M	0.1%	—	—	COMMON	777780107
LMT	Lockheed Martin Corp.	24,812	$9.661M	0.1%	—	—	COMMON	539830109
CNTY	Century Casinos, Inc.	1,196,287	$9.475M	0.1%	—	—	COMMON	156492100
MATW	Matthews Intl Corp.	227,439	$8.681M	0.1%	—	—	COMMON	577128101
—	Hanger, Inc.	311,370	$8.597M	0.1%	—	—	COMMON	41043F208
GS	Goldman Sachs Group, Inc.	36,087	$8.297M	0.1%	—	—	COMMON	38141G104
—	Anixter Intl, Inc.	89,541	$8.247M	0.1%	—	—	COMMON	035290105
—	Mitcham Industries, Inc.	2,872,310	$8.244M	0.1%	—	—	COMMON	606501104
—	RealNetworks, Inc.	6,020,322	$7.224M	0.1%	—	—	COMMON	75605L708
MOS	Mosaic Co.	309,575	$6.699M	0.1%	—	—	COMMON	61945C103
GAIA	Gaia, Inc.	803,026	$6.416M	0.1%	—	—	COMMON	36269P104
—	180 Degree Capital Corp.	2,978,818	$6.404M	0.1%	—	—	COMMON	68235B109
ICE	IntercontinentalExchange, Inc.	67,451	$6.243M	0.1%	—	—	COMMON	45866F104
—	Perceptron, Inc.	1,110,702	$6.109M	0.1%	—	—	COMMON	71361F100
ACTG	Acacia Research Corp.	2,214,854	$5.892M	0.1%	—	—	COMMON	003881307
LAKE	Lakeland Industries, Inc.	540,752	$5.84M	0.1%	—	—	COMMON	511795106
GRBK	Green Brick Partners Inc.	502,898	$5.773M	0.1%	—	—	COMMON	392709101
TRC	Tejon Ranch Co.	334,135	$5.339M	0.1%	—	—	COMMON	879080109
CPIX	Cumberland Pharmaceuticals, Inc.	1,010,220	$5.203M	0.1%	—	—	COMMON	230770109
STRT	Strattec Security Corp.	230,507	$5.12M	0.1%	—	—	COMMON	863111100
BK	Bank of New York Mellon Corp.	101,136	$5.09M	0.1%	—	—	COMMON	064058100
—	Safeguard Scientifics Inc.	438,695	$4.817M	0.1%	—	—	COMMON	786449207
XOM	Exxon Mobil Corp.	67,156	$4.686M	0.1%	—	—	COMMON	30231G102
ALOT	AstroNova, Inc.	340,348	$4.67M	0.1%	—	—	COMMON	04638F108
IWM	iShares Russell 2000 ETF	23,900	$3.96M	0.0%	—	—	ETF	464287655
GSIT	GSI Technology Inc.	548,581	$3.889M	0.0%	—	—	COMMON	36241U106
—	Apache Corp.	150,068	$3.84M	0.0%	—	—	COMMON	037411105
EVR	Evercore Inc	48,700	$3.641M	0.0%	—	—	COMMON	29977A105
QCOM	QUALCOMM Inc.	39,387	$3.475M	0.0%	—	—	COMMON	747525103
CSWC	Capital Southwest Corp.	161,240	$3.355M	0.0%	—	—	COMMON	140501107
—	Equity Commonwealth	100,119	$3.287M	0.0%	—	—	COMMON	294628102
MOV	Movado Group Inc.	145,025	$3.153M	0.0%	—	—	COMMON	624580106
—	Acacia Communications, Inc.	44,988	$3.051M	0.0%	—	—	COMMON	00401C108
—	EMCORE Corporation	982,052	$2.985M	0.0%	—	—	COMMON	290846203
—	ZAGG Inc	362,275	$2.938M	0.0%	—	—	COMMON	98884U108
VT	Vanguard Total World Stock Index Fd (ETF)	35,839	$2.903M	0.0%	—	—	ETF	922042742
—	Jernigan Capital, Inc.	148,346	$2.839M	0.0%	—	—	COMMON	476405105
—	Enzo Biochem, Inc.	965,584	$2.539M	0.0%	—	—	COMMON	294100102
NVS	Novartis AG ADR	26,138	$2.475M	0.0%	—	—	ADR	66987V109
—	AquaVenture Holdings Limited	85,554	$2.32M	0.0%	—	—	COMMON	G0443N107
—	Synacor, Inc.	1,343,867	$2.043M	0.0%	—	—	COMMON	871561106
ALYAF	Alithya Group Inc.	688,778	$1.915M	0.0%	—	—	CL A SUB VTG	01643B106
FN	Fabrinet	29,376	$1.905M	0.0%	—	—	SHS	G3323L100
IDCC	InterDigital Inc.	30,119	$1.641M	0.0%	—	—	COMMON	45867G101
—	Orion Energy Systems, Inc.	436,448	$1.462M	0.0%	—	—	COMMON	686275108
CVU	CPI Aerostructures, Inc.	207,452	$1.396M	0.0%	—	—	COMMON	125919308
ACWX	ISHARES MSCI ACWI EX US ETF	22,999	$1.13M	0.0%	—	—	ETF	464288240
—	PCTEL, Inc.	126,478	$1.071M	0.0%	—	—	COMMON	69325Q105
GLAE	GlassBridge Enterprises Inc.	3,883	$971K	0.0%	—	—	COMMON	377185202
GIFI	Gulf Island Fabrication, Inc.	161,538	$819K	0.0%	—	—	COMMON	402307102
PCYO	Pure Cycle Corp.	61,901	$779K	0.0%	—	—	COMMON	746228303
RBCN	Rubicon Technology, Inc.	78,078	$650K	0.0%	—	—	COMMON	78112T206
—	The Rubicon Project, Inc.	33,130	$270K	0.0%	—	—	COMMON	78112V102
AXTI	AXT Inc.	49,933	$217K	0.0%	—	—	COMMON	00246W103
CRWS	Crown Crafts, Inc.	32,253	$198K	0.0%	—	—	COMMON	228309100