Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
MPC	Marathon Petroleum Corporation	1,674,338	$122M	2.5%	$38.51	+39.5%	COM	56585A102
FAST	Fastenal Company	1,987,250	$108M	2.2%	$8.48	+32.4%	COM	311900104
—	BB&T Corporation	2,012,397	$105M	2.1%	$34.07	—	COM	054937107
USB	U.S. Bancorp	1,919,415	$96.93M	2.0%	$24.92	+60.2%	COM	902973304
—	Praxair, Inc.	593,184	$85.6M	1.7%	$108.18	—	COM	74005P104
IRM	Iron Mountain, Inc.	2,554,277	$83.93M	1.7%	$19.49	+11.6%	COM	46284V101
GLW	Corning Inc	2,944,465	$82.09M	1.7%	$14.08	+76.3%	COM	219350105
UNP	Union Pacific Corporation	580,963	$78.1M	1.6%	$62.35	+81.3%	COM	907818108
—	Extended Stay America, Inc.	3,924,016	$77.58M	1.6%	$19.38	—	COM	30224P200
—	Hostess Brands, Inc. Class A	5,124,401	$75.79M	1.5%	$14.80	—	COM	44109J106
TGT	Target Corporation	1,080,571	$75.02M	1.5%	$49.50	+18.1%	COM	87612E106
KMB	Kimberly-Clark Corporation	669,904	$73.78M	1.5%	$79.14	+8.9%	COM	494368103
WTM	White Mountains Insurance Grou	88,124	$72.48M	1.5%	$681.28	+21.2%	COM	G9618E107
CNK	Cinemark Holdings, Inc.	1,890,647	$71.22M	1.4%	$27.02	+27.7%	COM	17243V102
WMT	Walmart Inc.	785,774	$69.91M	1.4%	$20.21	+40.2%	COM	931142103
—	Mitel Networks Corporation	7,491,040	$69.52M	1.4%	$7.94	—	COM	60671Q104
—	Interpublic Group of Companies	2,876,891	$66.25M	1.3%	$16.68	-1.6%	COM	460690100
AXS	Axis Capital Holdings Limited	1,116,273	$64.26M	1.3%	$45.09	-8.5%	COM	G0692U109
OMC	Omnicom Group Inc	868,583	$63.12M	1.3%	$51.51	+9.7%	COM	681919106
OPLN	KAR Auction Services, Inc.	1,154,308	$62.56M	1.3%	$16.35	+23.4%	COM	48238T109
NFG	National Fuel Gas Company	1,213,085	$62.41M	1.3%	$62.65	-16.6%	COM	636180101
RHP	Ryman Hospitality Properties,	792,231	$61.36M	1.2%	$62.87	—	COM	78377T107
CSCO	Cisco Systems, Inc.	1,430,180	$61.34M	1.2%	$29.56	+13.2%	COM	17275R102
UNF	UniFirst Corporation	374,567	$60.55M	1.2%	$97.67	+57.2%	COM	904708104
QCOM	QUALCOMM Incorporated	1,088,002	$60.29M	1.2%	$50.84	+2.1%	COM	747525103
VZ	Verizon Communications Inc.	1,256,734	$60.1M	1.2%	$26.91	+22.7%	COM	92343V104
—	Unilever PLC Sponsored ADR	1,057,584	$58.76M	1.2%	$42.00	—	COM	904767704
WFC	Wells Fargo & Company	1,118,373	$58.61M	1.2%	$39.03	+22.3%	COM	949746101
UPS	United Parcel Service, Inc. Cl	559,659	$58.57M	1.2%	$61.49	+39.0%	COM	911312106
AMGN	Amgen Inc.	339,274	$57.84M	1.2%	$112.35	+28.5%	COM	031162100
—	Nielsen Holdings Plc	1,800,863	$57.25M	1.2%	$38.80	—	COM	G6518L108
VTR	Ventas, Inc.	1,147,149	$56.82M	1.2%	$41.64	-10.1%	COM	92276F100
XOM	Exxon Mobil Corporation	757,356	$56.51M	1.1%	$51.07	+9.1%	COM	30231G102
CNNE	Cannae Holdings, Inc.	2,945,342	$55.55M	1.1%	$16.42	+4.1%	COM	13765N107
CMCSA	Comcast Corporation Class A	1,620,335	$55.37M	1.1%	$31.18	+2.0%	COM	20030N101
EMR	Emerson Electric Co.	779,972	$53.27M	1.1%	$41.70	+41.4%	COM	291011104
KHC	Kraft Heinz Company	839,586	$52.3M	1.1%	$48.97	0.0%	COM	500754106
SBUX	Starbucks Corporation	877,516	$50.8M	1.0%	$48.68	+0.0%	COM	855244109
COTY	Coty Inc. Class A	2,746,050	$50.25M	1.0%	$16.54	+8.3%	COM	222070203
MSI	Motorola Solutions, Inc.	470,827	$49.58M	1.0%	$53.83	+70.1%	COM	620076307
—	GCI Liberty, Inc. Class A	914,207	$48.33M	1.0%	$52.86	—	COM	36164V305
WY	Weyerhaeuser Company	1,367,941	$47.88M	1.0%	$21.22	+22.1%	COM	962166104
CARS	Cars.com, Inc.	1,607,320	$45.53M	0.9%	$25.42	+15.2%	COM	14575E105
JCI	Johnson Controls International	1,258,666	$44.35M	0.9%	$33.41	-4.9%	COM	G51502105
INTC	Intel Corporation	849,497	$44.24M	0.9%	$18.10	+121.3%	COM	458140100
PNC	PNC Financial Services Group,	292,404	$44.22M	0.9%	$51.64	+128.9%	COM	693475105
OXY	Occidental Petroleum Corporati	667,238	$43.34M	0.9%	$59.86	-4.0%	COM	674599105
—	Liberty Expedia Holdings Inc C	1,093,786	$42.96M	0.9%	$43.27	—	COM	53046P109
—	Thomson Reuters Corporation	1,110,979	$42.94M	0.9%	$34.11	—	COM	884903105
—	Premier Inc. Class A	1,324,464	$41.47M	0.8%	$31.75	—	COM	74051N102
—	Hanesbrands Inc.	2,243,654	$41.33M	0.8%	$20.49	—	COM	410345102
CVX	Chevron Corporation	348,157	$39.7M	0.8%	$72.10	+17.9%	COM	166764100
PII	Polaris Industries Inc.	334,468	$38.3M	0.8%	$87.01	+38.3%	COM	731068102
—	Avaya Holdings Corp.	1,696,261	$38M	0.8%	$22.40	—	COM	05351X101
VLO	Valero Energy Corporation	408,167	$37.87M	0.8%	$40.57	+68.0%	COM	91913Y100
PEP	PepsiCo, Inc.	337,046	$36.79M	0.7%	$57.00	+56.6%	COM	713448108
GEO	GEO Group Inc	1,787,652	$36.59M	0.7%	$14.57	+7.0%	COM	36162J106
SBRA	Sabra Health Care REIT, Inc.	2,054,160	$36.26M	0.7%	$24.21	—	COM	78573L106
—	Aircastle Limited	1,816,176	$36.07M	0.7%	$17.59	—	COM	G0129K104
ABG	Asbury Automotive Group, Inc.	533,520	$36.01M	0.7%	$61.63	+12.1%	COM	043436104
—	Meredith Corporation	646,332	$34.77M	0.7%	$53.80	—	COM	589433101
CVS	CVS Health Corporation	545,991	$33.97M	0.7%	$60.83	-8.2%	COM	126650100
—	Cedar Fair, L.P.	530,058	$33.86M	0.7%	$58.09	—	COM	150185106
MET	MetLife, Inc.	720,884	$33.08M	0.7%	$27.52	+34.6%	COM	59156R108
LYB	LyondellBasell Industries NV	310,130	$32.77M	0.7%	$47.15	+46.3%	COM	N53745100
MUSA	Murphy USA, Inc.	445,971	$32.47M	0.7%	$59.84	+26.8%	COM	626755102
—	Spectra Energy Partners, LP	943,371	$31.73M	0.6%	$46.68	—	COM	84756N109
—	AmeriGas Partners, L.P.	792,291	$31.67M	0.6%	$46.41	—	COM	030975106
—	Magellan Midstream Partners, L	539,730	$31.49M	0.6%	$69.63	—	COM	559080106
WSBC	WesBanco, Inc.	733,571	$31.03M	0.6%	$35.25	+19.6%	COM	950810101
CSGS	CSG Systems International, Inc	676,922	$30.66M	0.6%	$20.96	+85.2%	COM	126349109
IMKTA	Ingles Markets, Incorporated C	904,164	$30.61M	0.6%	$31.07	-3.0%	COM	457030104
AWI	Armstrong World Industries, In	542,176	$30.52M	0.6%	$41.71	+35.2%	COM	04247X102
—	Biglari Holdings Inc.	64,752	$26.45M	0.5%	$415.97	—	COM	08986R101
AAP	Advance Auto Parts, Inc.	223,053	$26.44M	0.5%	$87.42	+14.9%	COM	00751Y106
MSFT	Microsoft Corporation	289,717	$26.44M	0.5%	$30.39	+177.5%	COM	594918104
SABR	Sabre Corp.	1,226,686	$26.31M	0.5%	$22.37	-4.3%	COM	78573M104
—	Oaktree Specialty Lending Corp	6,029,881	$25.39M	0.5%	$4.89	—	COM	67401P108
—	General Electric Company	1,825,850	$24.61M	0.5%	$24.18	—	COM	369604103
CNA	CNA Financial Corporation	485,746	$23.97M	0.5%	$17.46	+69.8%	COM	126117100
—	FGL Holdings Class A	2,344,145	$23.79M	0.5%	$10.10	—	COM	G3402M102
—	International Speedway Corpora	538,758	$23.76M	0.5%	$32.66	—	COM	460335201
TBRG	Computer Programs and Systems,	796,692	$23.26M	0.5%	$23.42	+22.8%	COM	205306103
—	Discovery, Inc. Class C	1,154,114	$22.53M	0.5%	$20.48	—	COM	25470F302
—	Cubic Corporation	352,682	$22.43M	0.5%	$43.63	—	COM	229669106
—	Forward Air Corporation	417,415	$22.07M	0.4%	$42.08	—	COM	349853101
ATNI	ATN International, Inc.	356,141	$21.23M	0.4%	$55.05	-11.8%	COM	00215F107
LILAK	Liberty Latin America Ltd. Cla	1,109,969	$21.19M	0.4%	$20.67	-2.0%	COM	G9001E128
CNDT	Conduent, Inc.	1,106,364	$20.62M	0.4%	$16.29	+8.0%	COM	206787103
MPAA	Motorcar Parts of America, Inc	947,250	$20.3M	0.4%	$30.18	-19.6%	COM	620071100
—	VeriFone Systems, Inc.	1,302,850	$20.04M	0.4%	$17.02	—	COM	92342Y109
SNBR	Sleep Number Corporation	553,394	$19.45M	0.4%	$34.07	+7.4%	COM	83125X103
BRK/B	Berkshire Hathaway Inc. Class	95,608	$19.07M	0.4%	$154.38	+33.0%	COM	084670702
BKH	Black Hills Corporation	319,750	$17.36M	0.4%	$39.62	0.0%	COM	092113109
PBF	PBF Energy, Inc. Class A	505,625	$17.14M	0.3%	$28.86	+11.9%	COM	69318G106
—	Sykes Enterprises, Incorporate	569,879	$16.49M	0.3%	$29.02	—	COM	871237103
RGP	Resources Connection, Inc.	1,001,258	$16.22M	0.3%	$16.03	-0.1%	COM	76122Q105
AFIIQ	Armstrong Flooring, Inc.	1,174,820	$15.94M	0.3%	$18.73	-19.4%	COM	04238R106
—	TransMontaigne Partners L.P.	436,494	$15.62M	0.3%	$40.63	—	COM	89376V100
PLUS	ePlus inc.	198,782	$15.45M	0.3%	$25.31	+52.3%	COM	294268107
AMCX	AMC Networks Inc. Class A	287,450	$14.86M	0.3%	$53.20	-2.4%	COM	00164V103
CSWC	Capital Southwest Corporation	866,772	$14.75M	0.3%	$4.88	+34.5%	COM	140501107
—	PICO Holdings, Inc.	1,260,126	$14.43M	0.3%	$19.46	—	COM	693366205
CASY	Casey's General Stores, Inc.	130,794	$14.36M	0.3%	$109.32	+0.1%	COM	147528103
—	Air Transport Services Group,	595,049	$13.88M	0.3%	$9.68	—	COM	00922R105
EXPE	Expedia Group, Inc.	122,814	$13.56M	0.3%	$112.62	0.0%	COM	30212P303
—	Entercom Communications Corp.	1,300,350	$12.55M	0.3%	$10.50	—	COM	293639100
CMP	Compass Minerals International	194,895	$11.75M	0.2%	$57.88	-7.3%	COM	20451N101
—	J. Alexander's Holdings, Inc.	1,013,185	$11.6M	0.2%	$10.42	—	COM	46609J106
LBRDK	Liberty Broadband Corp. Class	128,973	$11.05M	0.2%	$53.87	+56.5%	COM	530307305
—	Brookfield Asset Management In	276,323	$10.78M	0.2%	$41.76	—	COM	112585104
—	Patterson Companies, Inc.	484,169	$10.76M	0.2%	$22.23	—	COM	703395103
ITRN	Ituran Location & Control Ltd.	345,840	$10.76M	0.2%	$21.12	+62.9%	COM	M6158M104
—	National CineMedia, Inc.	2,052,415	$10.65M	0.2%	$6.95	—	COM	635309107
WKC	World Fuel Services Corporatio	433,530	$10.64M	0.2%	$39.09	-34.2%	COM	981475106
—	Realogy Holdings Corp.	382,096	$10.42M	0.2%	$26.40	—	COM	75605Y106
GNW	Genworth Financial, Inc. Class	3,540,979	$10.02M	0.2%	$3.00	0.0%	COM	37247D106
—	Liberty Media Corp. Series C L	219,467	$8.965M	0.2%	$34.76	—	COM	531229607
DLB	Dolby Laboratories, Inc. Class	133,530	$8.487M	0.2%	$35.78	+61.0%	COM	25659T107
—	Oaktree Capital Group, LLC Cla	209,465	$8.295M	0.2%	$45.91	—	COM	674001201
—	Kansas City Southern	74,842	$8.221M	0.2%	$79.17	—	COM	485170302
—	American National Insurance Co	69,217	$8.096M	0.2%	$97.64	—	COM	028591105
BBSI	Barrett Business Services, Inc	90,131	$7.47M	0.2%	$10.54	+54.8%	COM	068463108
TDS	Telephone and Data Systems, In	259,197	$7.265M	0.1%	$24.85	+9.3%	COM	879433829
OSIS	OSI Systems, Inc.	106,770	$6.969M	0.1%	$59.65	+8.8%	COM	671044105
—	Leucadia National Corporation	301,419	$6.851M	0.1%	$24.45	—	COM	527288104
—	Dominion Energy Midstream Part	437,010	$6.708M	0.1%	$29.86	—	COM	257454108
KELYA	Kelly Services, Inc. Class A	227,944	$6.619M	0.1%	$14.47	+81.1%	COM	488152208
MCS	Marcus Corporation	210,601	$6.392M	0.1%	$27.42	+0.1%	COM	566330106
—	SP Plus Corporation	175,046	$6.232M	0.1%	$24.66	—	COM	78469C103
FCNCA	First Citizens BancShares, Inc	14,904	$6.159M	0.1%	$188.90	+121.9%	COM	31946M103
NMRK	Newmark Group, Inc. Class A	353,320	$5.367M	0.1%	$13.62	0.0%	COM	65158N102
LILA	Liberty Latin America Ltd. Cla	271,082	$5.273M	0.1%	$20.80	-2.3%	COM	G9001E102
PRSU	Viad Corp	94,448	$4.954M	0.1%	$27.20	+97.4%	COM	92552R406
OM2	Orthofix International NV	74,216	$4.362M	0.1%	$46.48	—	COM	N6748L102
—	SodaStream International Ltd.	46,997	$4.316M	0.1%	$20.26	—	COM	M9068E105
MMI	Marcus & Millichap, Inc.	117,896	$4.251M	0.1%	$24.19	+24.9%	COM	566324109
—	Gran Tierra Energy Inc.	1,488,253	$4.152M	0.1%	$2.71	—	COM	38500T101
EPM	Evolution Petroleum Corporatio	488,888	$3.936M	0.1%	$5.12	-10.9%	COM	30049A107
—	Aegion Corporation	169,653	$3.887M	0.1%	$21.88	—	COM	00770F104
—	QEP Resources, Inc.	291,170	$2.851M	0.1%	$13.61	—	COM	74733V100
MCK	McKesson Corporation	13,174	$1.856M	0.0%	$138.91	+5.4%	COM	58155Q103
ALEX	Alexander & Baldwin, Inc.	60,049	$1.389M	0.0%	$32.63	—	COM	014491104
GOOG	Alphabet Inc. Class C	1,342	$1.385M	0.0%	$42.57	+28.7%	COM	02079K107
—	Allergan plc	7,325	$1.233M	0.0%	$168.33	—	COM	G0177J108
—	Blackstone Group L.P.	34,283	$1.095M	0.0%	$27.08	—	COM	09253U108
TJX	TJX Companies Inc	13,336	$1.088M	0.0%	$32.40	+9.5%	COM	872540109
BKR	Baker Hughes, a GE Company Cla	28,565	$793K	0.0%	$24.51	0.0%	COM	05722G100
DEO	Diageo plc Sponsored ADR	2,693	$365K	0.0%	$125.37	—	COM	25243Q205
PZZA	Papa John's International, Inc	6,162	$353K	0.0%	$51.42	-3.5%	COM	698813102
MLCO	Melco Resorts and Entertainmen	11,154	$323K	0.0%	$24.48	—	COM	585464100
—	Ingersoll-Rand Plc	3,644	$312K	0.0%	$88.57	—	COM	G47791101
IX	ORIX Corporation Sponsored ADR	3,176	$285K	0.0%	$81.57	—	COM	686330101
PUK	Prudential plc Sponsored ADR	5,543	$283K	0.0%	$50.73	—	COM	74435K204
NTR	Nutrien Ltd.	5,728	$271K	0.0%	$38.37	0.0%	COM	67077M108
SMFG	Sumitomo Mitsui Financial Grou	30,984	$263K	0.0%	$7.93	—	COM	86562M209
SAP	SAP SE Sponsored ADR	2,441	$257K	0.0%	$109.93	—	COM	803054204
ACN	Accenture Plc Class A	1,667	$256K	0.0%	$116.43	+20.9%	COM	G1151C101
CB	Chubb Limited	1,838	$251K	0.0%	$126.19	0.0%	COM	H1467J104
UBS	UBS Group AG	13,944	$246K	0.0%	$17.14	+10.9%	COM	H42097107
GIL	Gildan Activewear Inc.	8,364	$242K	0.0%	$27.35	-0.6%	COM	375916103
NVS	Novartis AG Sponsored ADR	2,858	$231K	0.0%	$85.79	—	COM	66987V109
BUD	Anheuser-Busch InBev SA/NV Spo	2,044	$225K	0.0%	$118.42	—	COM	03524A108
NICE	NICE Ltd Sponsored ADR	2,381	$224K	0.0%	$91.87	—	COM	653656108
RIO	Rio Tinto plc Sponsored ADR	4,221	$218K	0.0%	$52.86	—	COM	767204100
VOD	Vodafone Group Plc Sponsored A	7,740	$215K	0.0%	$31.93	—	COM	92857W308
HMC	Honda Motor Co., Ltd. Sponsore	5,874	$204K	0.0%	$34.06	—	COM	438128308
—	Canadian Pacific Railway Limit	1,148	$203K	0.0%	$183.08	—	COM	13645T100
CHKP	Check Point Software Technolog	2,033	$202K	0.0%	$109.80	-6.2%	COM	M22465104
BP	BP p.l.c. Sponsored ADR	4,981	$202K	0.0%	$42.02	—	COM	055622104
—	Royal Dutch Shell Plc Sponsore	3,073	$201K	0.0%	$68.22	—	COM	780259107
—	Telefonica Brasil S.A. Sponsor	11,648	$179K	0.0%	$15.70	—	COM	87936R106
TKC	Turkcell Iletisim Hizmetleri A	17,762	$170K	0.0%	$9.57	—	COM	900111204