Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
USB	U.S. Bancorp	1,875,703	$85.72M	2.1%	$25.62	+49.4%	COM	902973304
CMCSA	Comcast Corporation Class A	2,372,906	$80.8M	2.0%	$30.16	+0.9%	COM	20030N101
FAST	Fastenal Company	1,522,028	$79.59M	2.0%	$8.48	+33.0%	COM	311900104
GLW	Corning Inc	2,257,612	$68.2M	1.7%	$14.08	+85.9%	COM	219350105
—	BB&T Corporation	1,559,781	$67.57M	1.7%	$34.07	—	COM	054937107
—	Extended Stay America, Inc.	4,357,702	$67.54M	1.7%	$18.59	—	COM	30224P200
—	Hostess Brands, Inc. Class A	6,081,153	$66.53M	1.6%	$14.35	—	COM	44109J106
MPC	Marathon Petroleum Corporation	1,118,676	$66.01M	1.6%	$38.51	+40.9%	COM	56585A102
IRM	Iron Mountain, Inc.	2,025,802	$65.66M	1.6%	$19.61	+13.7%	COM	46284V101
KMI	Kinder Morgan Inc Class P	3,948,811	$60.73M	1.5%	$11.31	-1.0%	COM	49456B101
TGT	Target Corporation	906,546	$59.91M	1.5%	$49.50	+27.9%	COM	87612E106
KMB	Kimberly-Clark Corporation	515,595	$58.75M	1.4%	$79.14	+9.2%	COM	494368103
AXS	Axis Capital Holdings Limited	1,122,994	$57.99M	1.4%	$45.09	-1.1%	COM	G0692U109
WTM	White Mountains Insurance Grou	67,354	$57.77M	1.4%	$681.28	+30.8%	COM	G9618E107
VZ	Verizon Communications Inc.	966,674	$54.35M	1.3%	$26.91	+43.5%	COM	92343V104
CSCO	Cisco Systems, Inc.	1,237,918	$53.64M	1.3%	$29.77	+24.0%	COM	17275R102
—	Air Transport Services Group,	2,305,364	$52.59M	1.3%	$19.20	—	COM	00922R105
WMT	Walmart Inc.	562,083	$52.36M	1.3%	$20.21	+42.3%	COM	931142103
AMGN	Amgen Inc.	261,888	$50.98M	1.3%	$112.35	+39.6%	COM	031162100
OMC	Omnicom Group Inc	665,925	$48.77M	1.2%	$51.51	+11.1%	COM	681919106
MSM	MSC Industrial Direct Co., Inc	626,881	$48.22M	1.2%	$82.92	0.0%	COM	553530106
WFC	Wells Fargo & Company	1,046,295	$48.21M	1.2%	$39.03	+7.7%	COM	949746101
CNK	Cinemark Holdings, Inc.	1,335,687	$47.82M	1.2%	$27.02	+36.4%	COM	17243V102
QCOM	QUALCOMM Incorporated	830,999	$47.29M	1.2%	$50.84	+0.0%	COM	747525103
CNNE	Cannae Holdings, Inc.	2,718,431	$46.54M	1.1%	$16.45	+4.2%	COM	13765N107
—	GCI Liberty, Inc. Class A	1,105,715	$45.51M	1.1%	$51.73	—	COM	36164V305
VTR	Ventas, Inc.	773,341	$45.31M	1.1%	$41.64	+5.7%	COM	92276F100
PEP	PepsiCo, Inc.	407,086	$44.98M	1.1%	$64.51	+40.6%	COM	713448108
—	Tech Data Corporation	525,392	$42.98M	1.1%	$72.98	—	COM	878237106
—	Unilever PLC Sponsored ADR	814,815	$42.57M	1.0%	$42.00	—	COM	904767704
BRK/B	Berkshire Hathaway Inc. Class	208,309	$42.53M	1.0%	$180.17	+15.9%	COM	084670702
SBUX	Starbucks Corporation	659,971	$42.5M	1.0%	$47.73	+12.4%	COM	855244109
OPLN	KAR Auction Services, Inc.	885,864	$42.27M	1.0%	$16.35	+26.9%	COM	48238T109
UPS	United Parcel Service, Inc. Cl	429,503	$41.89M	1.0%	$61.49	+33.5%	COM	911312106
—	Premier Inc. Class A	1,107,903	$41.38M	1.0%	$33.54	—	COM	74051N102
XOM	Exxon Mobil Corporation	589,958	$40.23M	1.0%	$51.07	+10.4%	COM	30231G102
SABR	Sabre Corp.	1,853,139	$40.1M	1.0%	$23.12	+4.7%	COM	78573M104
RPM	RPM International Inc.	674,963	$39.67M	1.0%	$50.15	+22.1%	COM	749685103
RHP	Ryman Hospitality Properties,	593,974	$39.61M	1.0%	$63.22	—	COM	78377T107
—	Liberty Expedia Holdings Inc C	1,003,192	$39.23M	1.0%	$43.27	—	COM	53046P109
—	Linde PLC	250,741	$39.13M	1.0%	$156.04	—	COM	G5494J103
ITW	Illinois Tool Works Inc.	307,945	$39.01M	1.0%	$110.50	0.0%	COM	452308109
CSGS	CSG Systems International, Inc	1,227,531	$39M	1.0%	$27.22	+11.0%	COM	126349109
—	Interpublic Group of Companies	1,886,376	$38.92M	1.0%	$16.68	+2.8%	COM	460690100
UNF	UniFirst Corporation	268,726	$38.45M	0.9%	$98.58	+45.4%	COM	904708104
LILAK	Liberty Latin America Ltd. Cla	2,630,193	$38.32M	0.9%	$19.66	-13.7%	COM	G9001E128
—	Nielsen Holdings Plc	1,609,501	$37.55M	0.9%	$35.86	—	COM	G6518L108
—	Lazard Ltd Class A	1,006,509	$37.15M	0.9%	$36.91	—	COM	G54050102
—	Avaya Holdings Corp.	2,533,211	$36.88M	0.9%	$21.80	—	COM	05351X101
LKQ	LKQ Corporation	1,547,687	$36.73M	0.9%	$24.40	0.0%	COM	501889208
VYX	NCR Corporation	1,568,690	$36.2M	0.9%	$17.38	-9.7%	COM	62886E108
—	Walgreens Boots Alliance Inc	525,600	$35.91M	0.9%	$60.02	—	COM	931427108
PNC	PNC Financial Services Group,	302,949	$35.42M	0.9%	$61.10	+62.0%	COM	693475105
—	Magellan Midstream Partners, L	603,825	$34.45M	0.8%	$67.81	—	COM	559080106
LBRDK	Liberty Broadband Corp. Class	477,845	$34.42M	0.8%	$66.79	+12.4%	COM	530307305
KHC	Kraft Heinz Company	795,393	$34.23M	0.8%	$47.46	-22.8%	COM	500754106
—	CDK Global Inc	688,363	$32.96M	0.8%	$47.88	—	COM	12508E101
LYB	LyondellBasell Industries NV	391,467	$32.55M	0.8%	$50.88	+14.0%	COM	N53745100
—	Discovery, Inc. Class C	1,404,151	$32.41M	0.8%	$21.81	—	COM	25470F302
OXY	Occidental Petroleum Corporati	515,279	$31.63M	0.8%	$59.86	-0.6%	COM	674599105
CNDT	Conduent, Inc.	2,926,871	$31.11M	0.8%	$16.46	-5.4%	COM	206787103
AWI	Armstrong World Industries, In	525,317	$30.58M	0.8%	$41.71	+42.6%	COM	04247X102
CVX	Chevron Corporation	270,257	$29.4M	0.7%	$72.10	+17.5%	COM	166764100
SBRA	Sabra Health Care REIT, Inc.	1,779,562	$29.33M	0.7%	$24.11	—	COM	78573L106
EMR	Emerson Electric Co.	488,395	$29.18M	0.7%	$41.70	+36.7%	COM	291011104
—	FGL Holdings Class A	4,327,049	$28.82M	0.7%	$8.96	—	COM	G3402M102
PRSU	Viad Corp	569,948	$28.55M	0.7%	$46.50	+8.2%	COM	92552R406
GEO	GEO Group Inc	1,435,003	$28.27M	0.7%	$14.57	+19.2%	COM	36162J106
CNA	CNA Financial Corporation	636,732	$28.11M	0.7%	$20.44	+30.6%	COM	126117100
—	Aircastle Limited	1,626,800	$28.05M	0.7%	$17.90	—	COM	G0129K104
VLO	Valero Energy Corporation	359,931	$26.98M	0.7%	$51.35	+27.7%	COM	91913Y100
MUSA	Murphy USA, Inc.	345,521	$26.48M	0.7%	$59.84	+28.1%	COM	626755102
EPD	Enterprise Products Partners L	1,054,952	$25.94M	0.6%	$24.59	—	COM	293792107
—	Meredith Corporation	497,191	$25.82M	0.6%	$53.80	—	COM	589433101
INTC	Intel Corporation	528,172	$24.79M	0.6%	$18.10	+122.0%	COM	458140100
—	Thomson Reuters Corporation	510,457	$24.66M	0.6%	$48.31	—	COM	884903709
—	Brookfield Asset Management In	641,102	$24.59M	0.6%	$41.83	—	COM	112585104
NFG	National Fuel Gas Company	467,958	$23.95M	0.6%	$62.65	-12.5%	COM	636180101
IMKTA	Ingles Markets, Incorporated C	863,425	$23.5M	0.6%	$31.07	-8.9%	COM	457030104
SNBR	Sleep Number Corporation	696,964	$22.11M	0.5%	$33.13	+7.1%	COM	83125X103
WSBC	WesBanco, Inc.	599,483	$22M	0.5%	$35.25	+15.7%	COM	950810101
WKC	World Fuel Services Corporatio	1,011,394	$21.65M	0.5%	$30.10	-12.5%	COM	981475106
ACIW	ACI Worldwide, Inc.	739,081	$20.45M	0.5%	$24.36	+11.1%	COM	004498101
—	Oaktree Specialty Lending Corp	4,783,811	$20.24M	0.5%	$4.88	—	COM	67401P108
—	Cubic Corporation	370,350	$19.9M	0.5%	$47.19	—	COM	229669106
—	Cedar Fair, L.P.	410,883	$19.43M	0.5%	$58.09	—	COM	150185106
BKH	Black Hills Corporation	293,688	$18.44M	0.5%	$40.90	+16.6%	COM	092113109
—	Patterson Companies, Inc.	912,590	$17.94M	0.4%	$22.44	—	COM	703395103
MCK	McKesson Corporation	159,989	$17.67M	0.4%	$123.97	-4.7%	COM	58155Q103
PBF	PBF Energy, Inc. Class A	521,250	$17.03M	0.4%	$30.24	+33.4%	COM	69318G106
TBRG	Computer Programs and Systems,	674,162	$16.92M	0.4%	$23.83	+6.4%	COM	205306103
JCI	Johnson Controls International	570,507	$16.92M	0.4%	$33.41	-15.5%	COM	G51502105
MET	MetLife, Inc.	409,283	$16.8M	0.4%	$27.52	+22.3%	COM	59156R108
—	Sykes Enterprises, Incorporate	674,831	$16.69M	0.4%	$29.30	—	COM	871237103
—	Forward Air Corporation	301,949	$16.56M	0.4%	$42.08	—	COM	349853101
AGX	Argan, Inc.	432,729	$16.37M	0.4%	$32.25	+7.8%	COM	04010E109
ABG	Asbury Automotive Group, Inc.	242,691	$16.18M	0.4%	$61.63	+6.7%	COM	043436104
MPAA	Motorcar Parts of America, Inc	909,420	$15.13M	0.4%	$30.18	-37.0%	COM	620071100
PII	Polaris Industries Inc.	197,097	$15.11M	0.4%	$87.01	+3.3%	COM	731068102
CSWC	Capital Southwest Corporation	771,487	$14.83M	0.4%	$4.88	+68.1%	COM	140501107
—	Allergan plc	110,781	$14.81M	0.4%	$164.99	—	COM	G0177J108
—	AmeriGas Partners, L.P.	583,077	$14.75M	0.4%	$46.41	—	COM	030975106
—	Oaktree Capital Group, LLC Cla	369,732	$14.7M	0.4%	$43.58	—	COM	674001201
—	Liberty Media Corp. Series C L	390,898	$14.46M	0.4%	$38.54	—	COM	531229607
GNW	Genworth Financial, Inc. Class	2,957,130	$13.78M	0.3%	$3.00	+43.7%	COM	37247D106
EXPE	Expedia Group, Inc.	120,870	$13.62M	0.3%	$113.84	+2.6%	COM	30212P303
ITRN	Ituran Location & Control Ltd.	402,535	$12.9M	0.3%	$22.72	+48.2%	COM	M6158M104
—	Colfax Corporation	614,146	$12.84M	0.3%	$20.90	—	COM	194014106
RGP	Resources Connection, Inc.	890,370	$12.64M	0.3%	$16.03	+0.9%	COM	76122Q105
PETS	PetMed Express, Inc.	473,875	$11.02M	0.3%	$26.69	0.0%	COM	716382106
CARS	Cars.com, Inc.	508,121	$10.93M	0.3%	$25.52	-2.0%	COM	14575E105
AFIIQ	Armstrong Flooring, Inc.	867,322	$10.27M	0.3%	$18.73	-17.9%	COM	04238R106
—	PICO Holdings, Inc.	1,092,115	$9.982M	0.2%	$19.46	—	COM	693366205
—	Kansas City Southern	104,231	$9.949M	0.2%	$85.21	—	COM	485170302
—	WageWorks, Inc.	342,199	$9.294M	0.2%	$31.53	—	COM	930427109
—	American National Insurance Co	70,590	$8.982M	0.2%	$98.51	—	COM	028591105
OSIS	OSI Systems, Inc.	105,683	$7.747M	0.2%	$59.65	+21.0%	COM	671044105
—	J. Alexander's Holdings, Inc.	929,551	$7.65M	0.2%	$10.42	—	COM	46609J106
—	Entercom Communications Corp.	1,269,300	$7.248M	0.2%	$10.46	—	COM	293639100
CASY	Casey's General Stores, Inc.	53,649	$6.875M	0.2%	$103.41	+17.1%	COM	147528103
SYBT	Stock Yards Bancorp, Inc.	196,814	$6.455M	0.2%	$31.89	0.0%	COM	861025104
—	SP Plus Corporation	213,884	$6.318M	0.2%	$25.51	—	COM	78469C103
JEF	Jefferies Financial Group Inc.	351,545	$6.103M	0.1%	$16.63	-11.6%	COM	47233W109
NMRK	Newmark Group, Inc. Class A	741,392	$5.946M	0.1%	$13.08	-35.2%	COM	65158N102
BBSI	Barrett Business Services, Inc	101,898	$5.834M	0.1%	$12.52	+17.1%	COM	068463108
—	TechTarget, Inc.	434,991	$5.311M	0.1%	$12.21	—	COM	87874R100
FCNCA	First Citizens BancShares, Inc	13,907	$5.244M	0.1%	$188.90	+116.9%	COM	31946M103
AMCX	AMC Networks Inc. Class A	94,683	$5.196M	0.1%	$53.20	+9.9%	COM	00164V103
LILA	Liberty Latin America Ltd. Cla	339,721	$4.919M	0.1%	$20.12	-15.5%	COM	G9001E102
TTEC	TTEC Holdings, Inc.	171,647	$4.904M	0.1%	$27.87	-4.9%	COM	89854H102
KELYA	Kelly Services, Inc. Class A	225,898	$4.626M	0.1%	$14.92	+35.6%	COM	488152208
AAP	Advance Auto Parts, Inc.	25,861	$4.072M	0.1%	$87.42	+68.2%	COM	00751Y106
EPM	Evolution Petroleum Corporatio	594,752	$4.056M	0.1%	$5.22	+9.1%	COM	30049A107
—	Emerald Expositions Events, In	311,660	$3.846M	0.1%	$12.34	—	COM	29103B100
BH	Biglari Holdings Inc. Class B	33,663	$3.823M	0.1%	$226.63	-34.9%	COM	08986R309
BH/A	Biglari Holdings, Inc. Class A	6,101	$3.585M	0.1%	$994.08	-22.1%	COM	08986R408
—	Gran Tierra Energy Inc.	1,384,563	$3.005M	0.1%	$2.71	—	COM	38500T101
DLB	Dolby Laboratories, Inc. Class	45,653	$2.823M	0.1%	$35.78	+69.8%	COM	25659T107
HAIN	Hain Celestial Group, Inc.	150,816	$2.392M	0.1%	$22.26	0.0%	COM	405217100
—	QEP Resources, Inc.	283,710	$1.597M	0.0%	$13.58	—	COM	74733V100
PLUS	ePlus inc.	21,702	$1.545M	0.0%	$40.31	0.0%	COM	294268107
VIG	Vanguard Dividend Appreciation	14,450	$1.415M	0.0%	$97.92	—	COM	921908844
GOOG	Alphabet Inc. Class C	1,036	$1.073M	0.0%	$42.75	+24.3%	COM	02079K107
DLTR	Dollar Tree, Inc.	9,929	$897K	0.0%	$84.46	0.0%	COM	256746108
CSL	Carlisle Companies Incorporate	6,697	$673K	0.0%	$94.22	0.0%	COM	142339100
BUD	Anheuser-Busch InBev SA/NV Spo	9,549	$628K	0.0%	$65.77	—	COM	03524A108
—	BlackRock, Inc.	1,423	$559K	0.0%	$392.83	—	COM	09247X101
—	Liberty Global Plc Class C	26,908	$555K	0.0%	$26.61	—	COM	G5480U120
—	Brookfield Property Partners L	33,229	$536K	0.0%	$20.89	—	COM	G16249107
—	Blackstone Group L.P.	17,475	$521K	0.0%	$27.08	—	COM	09253U108
ABEV	Ambev SA Sponsored ADR	132,462	$519K	0.0%	$3.92	—	COM	02319V103
YUMC	Yum China Holdings, Inc.	15,350	$515K	0.0%	$35.63	-3.7%	COM	98850P109
—	DowDuPont Inc.	7,842	$419K	0.0%	$64.27	—	COM	26078J100
ALEX	Alexander & Baldwin, Inc.	22,455	$413K	0.0%	$32.02	—	COM	014491104
AXTA	Axalta Coating Systems Ltd.	17,547	$411K	0.0%	$24.84	0.0%	COM	G0750C108
CFG	Citizens Financial Group, Inc.	13,048	$388K	0.0%	$25.70	0.0%	COM	174610105
MHK	Mohawk Industries, Inc.	3,200	$374K	0.0%	$133.40	0.0%	COM	608190104
EFX	Equifax Inc.	3,404	$317K	0.0%	$100.20	0.0%	COM	294429105
BV	BrightView Holdings, Inc.	25,730	$263K	0.0%	$12.85	0.0%	COM	10948C107
DEO	Diageo plc Sponsored ADR	1,810	$257K	0.0%	$125.37	—	COM	25243Q205
—	Ingersoll-Rand Plc	2,409	$220K	0.0%	$88.57	—	COM	G47791101
—	General Electric Company	18,317	$139K	0.0%	$7.59	—	COM	369604103
SMFG	Sumitomo Mitsui Financial Grou	20,063	$131K	0.0%	$7.93	—	COM	86562M209