CIK: 0001099281 · Show all filings
Period: Q1 2018 (← Previous) (Next →)
Filing Date: May 14, 2018
Total Value ($000): $1,965,759 (100.0% shares, 0.0% debt)
| Ticker | Issuer | Shares | Value ($000) | % | Est. Cost | Unrealized | Class | CUSIP |
|---|---|---|---|---|---|---|---|---|
| WY | Weyerhaeuser Company | 5,055,211 | $176,933 | 9.0% | $19.43 | +33.3% | COM | 962166104 |
| — | Brookfield Asset Mgmt. CL A | 4,107,685 | $160,200 | 8.1% | $35.23 | — | CL A LTD VT SH | 112585104 |
| LEN | Lennar Corp. | 2,635,519 | $155,338 | 7.9% | $37.07 | +49.1% | COM | 526057104 |
| — | Forest City Enterprises Inc. CL A | 7,035,206 | $142,534 | 7.3% | $21.29 | — | CL A | 345605109 |
| RYN | Rayonier Inc. | 3,067,125 | $107,902 | 5.5% | $28.39 | — | COM | 754907103 |
| — | PNC Financial Services Group 2018 Warrants | 896,250 | $75,303 | 3.8% | $19.30 | — | W EXP 12/31/2018 | 693475121 |
| MAC | The Macerich Company | 1,217,161 | $68,186 | 3.5% | $61.57 | — | COM | 554382101 |
| TDW | Tidewater Inc. | 2,233,048 | $63,888 | 3.3% | $26.43 | +0.9% | COM | 88642R109 |
| TRC | Tejon Ranch Co. | 2,649,682 | $61,235 | 3.1% | $26.22 | -15.7% | COM | 879080109 |
| BK | Bank of New York Mellon Corp. | 1,088,443 | $56,088 | 2.9% | $21.22 | +110.8% | COM | 064058100 |
| VNO | Vornado Realty Trust | 831,699 | $55,974 | 2.8% | $84.79 | — | SH BEN INT | 929042109 |
| CMA | Comerica Inc. | 540,238 | $51,826 | 2.6% | $25.85 | +158.7% | COM | 200340107 |
| FR | First Industrial Realty Trust, Inc. | 1,702,028 | $49,751 | 2.5% | $16.71 | — | COM | 32054K103 |
| CVCO | Cavco Industries, Inc. (COM & Restricted) | 271,200 | $47,121 | 2.4% | $53.98 | +206.2% | COM | 149568107 |
| AKR | Acadia Realty Trust | 1,822,246 | $44,828 | 2.3% | $24.60 | — | COM SH BEN INT | 004239109 |
| — | Alleghany Corp. | 70,772 | $43,486 | 2.2% | $414.02 | — | COM | 017175100 |
| LOW | Lowe's Companies Inc. | 478,713 | $42,008 | 2.1% | $32.49 | +152.1% | COM | 548661107 |
| FPH | Five Point Holdings LLC - CL A | 2,668,974 | $38,060 | 1.9% | $15.12 | -7.0% | COM | 33833Q106 |
| HCC | Warrior Met Coal Inc. | 1,272,485 | $35,643 | 1.8% | $26.87 | +7.7% | com | 93627C101 |
| TPHS | Trinity Place Holdings | 4,924,645 | $32,011 | 1.6% | $9.42 | -29.9% | COM | 89656D101 |
| UHAL | Amerco | 87,224 | $30,102 | 1.5% | $36.72 | -3.2% | COM | 023586100 |
| ZION | Zions Bancorporation | 562,479 | $29,660 | 1.5% | $28.85 | +86.6% | COM | 989701107 |
| WTM | White Mountains Insurance Group | 34,195 | $28,127 | 1.4% | $596.67 | +38.3% | COM | G9618E107 |
| FNF | FNF Group | 541,905 | $21,688 | 1.1% | $15.26 | +78.7% | COM | 31620R303 |
| LEN/B | Lennar Corp - Class B | 439,890 | $20,979 | 1.1% | $41.30 | +3.7% | CL B | 526057302 |
| — | Ocean Rig UDW Inc. | 820,373 | $20,699 | 1.1% | $25.23 | — | COM | G66964118 |
| — | Aspen Insurance Holdings Ltd | 393,969 | $17,670 | 0.9% | $43.14 | — | SHS | G05384105 |
| KEY | Keycorp | 850,900 | $16,636 | 0.8% | $6.66 | +119.1% | COM | 493267108 |
| JBGS | JBG Smith Properties | 322,037 | $10,856 | 0.6% | $34.21 | — | REIT | 46590V100 |
| DB | DEUTSCHE BANK AG-REGISTERED | 700,000 | $9,786 | 0.5% | $15.28 | -3.7% | COM | D18190898 |
| ARCO | Arcos Dorados Holdings, Inc. | 971,150 | $8,887 | 0.5% | $7.04 | +18.5% | SHS CL A | G0457F107 |
| ICFI | ICF International, Inc. | 144,822 | $8,465 | 0.4% | $30.93 | +82.3% | COM | 44925C103 |
| — | Cubic, Corp. | 132,204 | $8,409 | 0.4% | $46.06 | — | COM | 229669106 |
| FCN | FTI Consulting Inc. | 158,683 | $7,682 | 0.4% | $36.84 | +22.5% | COM | 302941109 |
| — | Legg Mason Inc. | 187,411 | $7,619 | 0.4% | $42.49 | — | COM | 524901105 |
| MYRG | MYR Group Inc. | 246,824 | $7,608 | 0.4% | $29.48 | +15.2% | COM | 55405W104 |
| — | Seritage Growth Properties | 212,680 | $7,561 | 0.4% | $35.55 | — | Com | 81752r100 |
| PB | Prosperity Bancshares Inc. | 103,872 | $7,545 | 0.4% | $45.96 | +28.5% | COM | 743606105 |
| SBSI | Southside Bancshares Inc. | 198,385 | $6,892 | 0.4% | $26.35 | +31.9% | COM | 84470P109 |
| CSW | CSW Industrials Inc. | 150,348 | $6,774 | 0.3% | $30.94 | +45.0% | COM | 126402106 |
| TPH | Tri Pointe Group Inc. | 410,900 | $6,752 | 0.3% | $12.37 | +38.8% | COM | 87265H109 |
| AMN | AMN Healthcare Services Inc. | 118,617 | $6,732 | 0.3% | $38.28 | +42.0% | COM | 001744101 |
| KFY | Korn/Ferry International | 125,500 | $6,475 | 0.3% | $21.41 | +85.7% | COM | 500643200 |
| CBSH | Commerce Bancshares, Inc | 108,051 | $6,474 | 0.3% | $23.71 | +61.5% | COM | 200525103 |
| CFR | Cullen Frost Bankers, Inc. | 60,800 | $6,450 | 0.3% | $44.57 | +85.5% | COM | 229899109 |
| TTEK | Tetra Tech, Inc. | 131,444 | $6,435 | 0.3% | $5.19 | +90.4% | COM | 88162G103 |
| EME | EMCOR Group, Inc. | 82,107 | $6,399 | 0.3% | $37.04 | +107.6% | COM | 29084Q100 |
| KALU | Kaiser Aluminum Corp. | 62,678 | $6,325 | 0.3% | $48.75 | +67.8% | COM PAR $0.01 | 483007704 |
| — | BMC Stock Holdings, Inc. | 319,949 | $6,256 | 0.3% | $20.76 | — | Equity | 05591B109 |
| TILE | Interface Inc. | 241,920 | $6,097 | 0.3% | $17.22 | +44.1% | COM | 458665304 |
| PNC | PNC Financial Corp | 39,960 | $6,044 | 0.3% | $64.94 | +82.0% | COM | 693475105 |
| — | SP Plus Corp. | 166,523 | $5,929 | 0.3% | $26.91 | — | COM | 78469C103 |
| UMBF | UMB Financial Corporation | 81,391 | $5,892 | 0.3% | $57.20 | +31.0% | COM | 902788108 |
| VC | Visteon Corp. | 53,052 | $5,849 | 0.3% | $66.40 | +87.4% | COM | 92839U206 |
| PRSU | Viad Corp. | 108,235 | $5,677 | 0.3% | $24.83 | +116.2% | COM | 92552R406 |
| FIX | Comfort Systems USA Inc. | 134,697 | $5,557 | 0.3% | $28.23 | +41.9% | COM | 199908104 |
| SMHI | Seacor Marine Holdings Inc. | 291,900 | $5,552 | 0.3% | $15.94 | 0.0% | COM | 78413P101 |
| SEB | Seaboard Corp. | 1,289 | $5,498 | 0.3% | $3209.52 | +27.5% | COM | 811543107 |
| CSGS | CSG Systems International, Inc. | 120,914 | $5,477 | 0.3% | $29.14 | +33.2% | COM | 126349109 |
| — | DST Systems | 62,900 | $5,262 | 0.3% | $85.52 | — | COM | 233326107 |
| — | Cosan Ltd. | 504,937 | $5,247 | 0.3% | $3.37 | — | CL A | G25343107 |
| G | Genpact Ltd. | 162,066 | $5,185 | 0.3% | $16.47 | +80.0% | COM | G3922B107 |
| NSIT | Insight Enterprises, Inc. | 147,700 | $5,160 | 0.3% | $21.18 | +70.7% | COM | 45765U103 |
| ALG | Alamo Group, Inc. | 46,706 | $5,133 | 0.3% | $39.86 | +172.5% | COM | 011311107 |
| UNF | UniFirst Corporation | 29,910 | $4,835 | 0.2% | $89.73 | +71.1% | COM | 904708104 |
| WSBC | Wesbanco Inc. | 111,300 | $4,708 | 0.2% | $38.56 | +9.4% | COM | 950810101 |
| ALCO | Alico, Inc. | 140,451 | $3,821 | 0.2% | $35.16 | -33.2% | COM | 016230104 |
| DORM | Dorman Products, Inc. | 43,600 | $2,887 | 0.1% | $47.50 | +50.0% | COM | 258278100 |
| CSWC | Capital Southwest | 150,348 | $2,559 | 0.1% | $4.41 | +48.6% | COM | 140501107 |
| — | Comerica Inc 2018 Warrants | 33,300 | $2,281 | 0.1% | $13.70 | — | W EXP 11/14/2018 | 200340115 |
| — | Leucadia National Corporation | 100,233 | $2,279 | 0.1% | $25.50 | — | COM | 527288104 |
| SMP | Standard Motor Products, Inc. | 46,947 | $2,234 | 0.1% | $39.21 | +20.7% | COM | 853666105 |
| CCS | Century Communities Inc. | 71,671 | $2,147 | 0.1% | $18.79 | +58.4% | COM | 156504300 |
| FRPH | FRP Holdings Inc. | 35,932 | $2,013 | 0.1% | $25.38 | 0.0% | COM | 30292L107 |
| — | Catchmark Timber Trust Inc. | 80,000 | $998 | 0.1% | $10.28 | — | REIT | 14912Y202 |
| — | CEDAR REALTY TRUST INC | 175,700 | $693 | 0.0% | $5.02 | — | COM | 150602209 |
| NXRT | NEXPOINT RESIDNL TR | 17,300 | $430 | 0.0% | $18.20 | — | COM | 65341D102 |
| — | Total Fina ELF S A ADR | 984 | $57 | 0.0% | $50.89 | — | ADR | 89151E109 |