CIK: 0001099281 · Show all filings
Period: Q4 2017 (← Previous) (Next →)
Filing Date: Feb 14, 2018
Total Value ($000): $2,082,344 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WY | Weyerhaeuser Company | 5,324,065 | $187,727 | 9.0% | $19.43 | +32.5% | COM | 962166104 |
| — | Brookfield Asset Mgmt. CL A | 4,303,079 | $187,357 | 9.0% | $35.23 | — | CL A LTD VT SH | 112585104 |
| LEN | Lennar Corp. | 2,625,452 | $166,034 | 8.0% | $37.07 | +40.4% | COM | 526057104 |
| — | Forest City Enterprises Inc. CL A | 5,688,381 | $137,090 | 6.6% | $21.53 | — | CL A | 345605109 |
| RYN | Rayonier Inc. | 3,048,426 | $96,422 | 4.6% | $28.39 | — | COM | 754907103 |
| — | PNC Financial Services Group 2018 Warrants | 896,250 | $69,657 | 3.3% | $19.30 | — | W EXP 12/31/2018 | 693475121 |
| BK | Bank of New York Mellon Corp. | 1,088,424 | $58,623 | 2.8% | $21.22 | +101.0% | COM | 064058100 |
| MAC | The Macerich Company | 849,829 | $55,817 | 2.7% | $63.97 | — | COM | 554382101 |
| TRC | Tejon Ranch Co. | 2,653,982 | $55,097 | 2.6% | $26.22 | -21.4% | COM | 879080109 |
| VNO | Vornado Realty Trust | 691,927 | $54,095 | 2.6% | $88.32 | — | SH BEN INT | 929042109 |
| FR | First Industrial Realty Trust, Inc. | 1,692,334 | $53,258 | 2.6% | $16.71 | — | COM | 32054K103 |
| CMA | Comerica Inc. | 546,343 | $47,429 | 2.3% | $25.85 | +117.6% | COM | 200340107 |
| JCI | Johnson Controls International plc | 1,228,339 | $46,812 | 2.2% | $33.31 | -2.5% | COM | G51502105 |
| PNC | PNC Financial Corp | 321,580 | $46,401 | 2.2% | $64.94 | +61.2% | COM | 693475105 |
| LOW | Lowe's Companies Inc. | 474,216 | $44,074 | 2.1% | $32.49 | +119.3% | COM | 548661107 |
| CVCO | Cavco Industries, Inc. (COM & Restricted) | 271,200 | $41,386 | 2.0% | $53.98 | +178.2% | COM | 149568107 |
| — | Alleghany Corp. | 69,217 | $41,260 | 2.0% | $409.51 | — | COM | 017175100 |
| TDW | Tidewater Inc. | 1,675,730 | $40,888 | 2.0% | $26.35 | -0.6% | COM | 88642R109 |
| AMGN | Amgen Inc. | 216,733 | $37,690 | 1.8% | $116.54 | +18.6% | COM | 031162100 |
| FPH | Five Point Holdings LLC - CL A | 2,585,539 | $36,457 | 1.8% | $15.15 | -10.1% | COM | 33833Q106 |
| TPHS | Trinity Place Holdings | 4,893,514 | $34,010 | 1.6% | $9.42 | -25.2% | COM | 89656D101 |
| RS | Reliance Steel & Aluminum Co. | 359,937 | $30,879 | 1.5% | $74.61 | +5.6% | COM | 759509102 |
| WTM | White Mountains Insurance Group | 33,848 | $28,815 | 1.4% | $594.33 | +47.1% | COM | G9618E107 |
| ZION | Zions Bancorporation | 559,625 | $28,446 | 1.4% | $28.85 | +66.0% | COM | 989701107 |
| EOG | EOG Resources | 248,842 | $26,853 | 1.3% | $72.14 | +4.5% | COM | 26875P101 |
| MAS | Masco Corp. | 558,114 | $24,524 | 1.2% | $20.92 | +71.2% | COM | 574599106 |
| FNF | FNF Group | 539,470 | $21,169 | 1.0% | $15.26 | +70.1% | COM | 31620R303 |
| UHAL | Amerco | 55,286 | $20,894 | 1.0% | $37.40 | 0.0% | COM | 023586100 |
| KIM | Kimco Realty Corp | 1,080,300 | $19,608 | 0.9% | $12.87 | -3.2% | COM | 49446R109 |
| HCC | Warrior Met Coal Inc. | 686,383 | $17,263 | 0.8% | $25.10 | 0.0% | com | 93627C101 |
| KEY | Keycorp | 851,702 | $17,179 | 0.8% | $6.66 | +96.1% | COM | 493267108 |
| DB | DEUTSCHE BANK AG-REGISTERED | 600,000 | $11,418 | 0.5% | $15.37 | +2.4% | COM | D18190898 |
| JBGS | JBG Smith Properties | 319,357 | $11,115 | 0.5% | $34.21 | — | REIT | 46590V100 |
| ARCO | Arcos Dorados Holdings, Inc. | 971,150 | $10,052 | 0.5% | $7.04 | +23.5% | SHS CL A | G0457F107 |
| MYRG | MYR Group Inc. | 246,824 | $8,820 | 0.4% | $29.48 | +12.6% | COM | 55405W104 |
| — | Legg Mason Inc. | 187,411 | $7,868 | 0.4% | $42.49 | — | COM | 524901105 |
| — | Cubic, Corp. | 132,204 | $7,794 | 0.4% | $46.06 | — | COM | 229669106 |
| ICFI | ICF International, Inc. | 144,822 | $7,604 | 0.4% | $30.93 | +74.2% | COM | 44925C103 |
| TPH | Tri Pointe Group Inc. | 410,900 | $7,364 | 0.4% | $12.37 | +36.2% | COM | 87265H109 |
| PB | Prosperity Bancshares Inc. | 103,872 | $7,279 | 0.3% | $45.96 | +13.9% | COM | 743606105 |
| LEN/B | Lennar Corp - Class B | 140,763 | $7,275 | 0.3% | $38.07 | +9.1% | CL B | 526057302 |
| CSW | CSW Industrials Inc. | 150,348 | $6,909 | 0.3% | $30.94 | +47.0% | COM | 126402106 |
| VC | Visteon Corp. | 55,119 | $6,898 | 0.3% | $66.40 | +89.9% | COM | 92839U206 |
| — | BMC Stock Holdings, Inc. | 270,800 | $6,852 | 0.3% | $20.98 | — | Equity | 05591B109 |
| FCN | FTI Consulting Inc. | 158,683 | $6,818 | 0.3% | $36.84 | +10.8% | COM | 302941109 |
| EME | EMCOR Group, Inc. | 82,107 | $6,713 | 0.3% | $37.04 | +102.7% | COM | 29084Q100 |
| KALU | Kaiser Aluminum Corp. | 62,678 | $6,698 | 0.3% | $48.75 | +56.1% | COM PAR $0.01 | 483007704 |
| SBSI | Southside Bancshares Inc. | 198,385 | $6,682 | 0.3% | $26.35 | +34.3% | COM | 84470P109 |
| — | Aspen Insurance Holdings Ltd | 158,707 | $6,444 | 0.3% | $40.60 | — | SHS | G05384105 |
| TTEK | Tetra Tech, Inc. | 131,444 | $6,330 | 0.3% | $5.19 | +87.0% | COM | 88162G103 |
| — | SP Plus Corp. | 166,523 | $6,179 | 0.3% | $26.91 | — | COM | 78469C103 |
| TILE | Interface Inc. | 241,920 | $6,085 | 0.3% | $17.22 | +36.1% | COM | 458665304 |
| CBSH | Commerce Bancshares, Inc | 108,051 | $6,034 | 0.3% | $23.71 | +55.8% | COM | 200525103 |
| PRSU | Viad Corp. | 108,235 | $5,997 | 0.3% | $24.83 | +128.9% | COM | 92552R406 |
| FIX | Comfort Systems USA Inc. | 134,697 | $5,880 | 0.3% | $28.23 | +38.1% | COM | 199908104 |
| UMBF | UMB Financial Corporation | 81,391 | $5,854 | 0.3% | $57.20 | +28.4% | COM | 902788108 |
| NTCT | Netscout Systems Inc. | 192,244 | $5,854 | 0.3% | $23.15 | +32.0% | COM | 64115T104 |
| AMN | AMN Healthcare Services Inc. | 118,617 | $5,842 | 0.3% | $38.28 | +19.1% | COM | 001744101 |
| CFR | Cullen Frost Bankers, Inc. | 60,800 | $5,755 | 0.3% | $44.57 | +69.9% | COM | 229899109 |
| NSIT | Insight Enterprises, Inc. | 147,700 | $5,656 | 0.3% | $21.18 | +93.0% | COM | 45765U103 |
| — | Cosan Ltd. | 563,000 | $5,462 | 0.3% | $3.37 | — | CL A | G25343107 |
| ALG | Alamo Group, Inc. | 46,706 | $5,272 | 0.3% | $39.86 | +168.8% | COM | 011311107 |
| — | Syntel, Inc. | 229,006 | $5,265 | 0.3% | $30.36 | — | COM | 87162H103 |
| KFY | Korn/Ferry International | 125,500 | $5,194 | 0.2% | $21.41 | +72.7% | COM | 500643200 |
| G | Genpact Ltd. | 162,066 | $5,144 | 0.2% | $16.47 | +71.3% | COM | G3922B107 |
| UNF | UniFirst Corporation | 29,910 | $4,933 | 0.2% | $89.73 | +69.7% | COM | 904708104 |
| WSBC | Wesbanco Inc. | 111,300 | $4,525 | 0.2% | $38.56 | +6.0% | COM | 950810101 |
| — | Anixter International Inc. | 58,456 | $4,443 | 0.2% | $62.20 | — | COM | 035290105 |
| ALCO | Alico, Inc. | 140,451 | $4,144 | 0.2% | $35.16 | -20.8% | COM | 016230104 |
| SEB | Seaboard Corp. | 937 | $4,133 | 0.2% | $2878.33 | +47.8% | COM | 811543107 |
| — | Finisar Corp. | 201,400 | $4,099 | 0.2% | $25.62 | — | COM | 31787A507 |
| — | PDC Energy, Inc. | 79,000 | $4,072 | 0.2% | $43.59 | — | COM | 69327R101 |
| — | DST Systems | 62,900 | $3,905 | 0.2% | $85.52 | — | COM | 233326107 |
| SYNA | Synaptics Inc. | 96,807 | $3,867 | 0.2% | $53.94 | -29.1% | COM | 87157D109 |
| — | Carrizo Oil & Gas Inc. | 177,853 | $3,785 | 0.2% | $25.89 | — | COM | 144577103 |
| PRGS | Progress Software Corporation | 87,555 | $3,728 | 0.2% | $22.66 | +83.7% | COM | 743312100 |
| CNH | CNH Industrial NV | 265,100 | $3,553 | 0.2% | $6.24 | +53.0% | COM | N20944109 |
| ABM | ABM Industries Inc | 89,857 | $3,390 | 0.2% | $18.37 | +90.4% | COM | 000957100 |
| CSGS | CSG Systems International, Inc. | 67,198 | $2,945 | 0.1% | $21.40 | +70.1% | COM | 126349109 |
| DORM | Dorman Products, Inc. | 43,600 | $2,666 | 0.1% | $47.50 | +42.7% | COM | 258278100 |
| — | Leucadia National Corporation | 100,233 | $2,656 | 0.1% | $25.50 | — | COM | 527288104 |
| CSWC | Capital Southwest | 150,348 | $2,489 | 0.1% | $4.41 | +47.8% | COM | 140501107 |
| CCS | Century Communities Inc. | 71,671 | $2,229 | 0.1% | $18.79 | +42.5% | COM | 156504300 |
| KW | Kennedy-Wilson Holdings Inc. | 124,753 | $2,165 | 0.1% | $21.62 | -12.9% | COM | 489398107 |
| VLY | Valley National Bancorp | 189,675 | $2,129 | 0.1% | $9.45 | +22.6% | COM | 919794107 |
| SMP | Standard Motor Products, Inc. | 46,947 | $2,109 | 0.1% | $39.21 | +14.5% | COM | 853666105 |
| — | Comerica Inc 2018 Warrants | 33,300 | $1,942 | 0.1% | $13.70 | — | W EXP 11/14/2018 | 200340115 |
| — | CEDAR REALTY TRUST INC | 175,700 | $1,069 | 0.1% | $5.02 | — | COM | 150602209 |
| — | Catchmark Timber Trust Inc. | 80,000 | $1,051 | 0.1% | $10.28 | — | REIT | 14912Y202 |
| NXRT | NEXPOINT RESIDNL TR | 17,300 | $484 | 0.0% | $18.20 | — | COM | 65341D102 |
| — | Haynes International Inc. | 4,900 | $158 | 0.0% | $36.31 | — | COM | 420877201 |
| — | Total Fina ELF S A ADR | 984 | $55 | 0.0% | $50.89 | — | ADR | 89151E109 |