Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial Average	37,837	$8.469B	3.1%	$169751.61	—	COM	78467x109
—	Magellan Midstream Partners	81,908	$5.82B	2.1%	$54940.09	—	COM	559080106
—	QCR Holdings	112,798	$5.132B	1.9%	$16036.23	—	COM	74727a104
OKE	ONEOK	83,384	$4.62B	1.7%	$21.15	+51.5%	COM	682680103
—	Rice Midstream Partners	213,759	$4.476B	1.7%	$16473.83	—	COM	762819100
BA	Boeing	17,432	$4.431B	1.6%	$103.51	+113.0%	COM	097023105
—	Alliance Holdings	150,102	$4.174B	1.5%	$53689.48	—	COM	01861g100
—	Banc of California	197,924	$4.107B	1.5%	$13879.69	—	COM	05990k106
—	Alaska Communications	3,940,000	$4.038B	1.5%	$941.25	—	CONV BOND	01167pae1
NGL	NGL Energy Partners	345,422	$3.99B	1.5%	$33279.47	—	COM	62913M107
—	Goldman Sachs	16,451	$3.902B	1.4%	$173654.02	—	COM	38141g104
—	Williams Partners	98,328	$3.825B	1.4%	$38934.90	—	COM	96949L105
—	EnLink Midstream Partners	222,547	$3.73B	1.4%	$29078.76	—	COM	29336u107
—	EZCorp Inc	3,700,000	$3.603B	1.3%	$716.21	—	CONV BOND	302301AB2
—	Targa Resources Corp	76,041	$3.597B	1.3%	$45969.18	—	COM	87612g101
—	3M Co	16,427	$3.448B	1.3%	$131058.69	—	COM	88579y101
—	MPLX	97,933	$3.429B	1.3%	$39347.25	—	COM	55336v100
—	UnitedHealth Group	16,717	$3.274B	1.2%	$89718.16	—	COM	91324p102
—	Antero Midstream	101,019	$3.185B	1.2%	$27870.00	—	COM	03673l103
EPD	Enterprise Products Partners	120,518	$3.142B	1.2%	$32438.70	—	COM	293792107
—	SB Financial Group	179,944	$3.088B	1.1%	$9121.96	—	COM	78408d105
—	Transmontaigne Partners	70,086	$2.993B	1.1%	$42183.44	—	COM	89376v100
—	Macquarie Infrastructure	2,995,000	$2.904B	1.1%	$1002.62	—	CONV BOND	55608BAB1
—	Phillips 66 Partners	53,726	$2.824B	1.0%	$55474.48	—	COM	718549207
HD	Home Depot	17,250	$2.821B	1.0%	$68.34	+83.1%	COM	437076102
—	A Schulmann	3,117	$2.785B	1.0%	$865690.30	—	CONV PREF	808194302
MCD	McDonald's	17,696	$2.773B	1.0%	$79.45	+61.9%	COM	580135101
—	Summit Financial Group	108,007	$2.771B	1.0%	$11259.59	—	COM	86606g101
—	Holly Energy Partners	81,041	$2.707B	1.0%	$37150.52	—	COM	435763107
AAPL	Apple	17,412	$2.683B	1.0%	$28.20	+28.2%	COM	037833100
—	Wintrust Financial	33,614	$2.632B	1.0%	$76440.43	—	COM	97650w108
GEL	Genesis Energy	99,699	$2.627B	1.0%	$50671.42	—	COM	371927104
—	Teekay LNG Partners	145,459	$2.589B	1.0%	$33127.35	—	COM	y8564m105
CVX	Chevron Corporation	21,745	$2.555B	0.9%	$72.65	+4.9%	COM	166764100
—	Titan Machinery	2,492,000	$2.448B	0.9%	$855.95	—	CONV BOND	88830RAB7
JNJ	Johnson & Johnson	18,776	$2.441B	0.9%	$72.89	+44.0%	COM	478160104
WMB	Williams Companies	81,098	$2.434B	0.9%	$19.80	-2.8%	COM	969457100
IBM	International Business Machines	16,558	$2.402B	0.9%	$114.64	-15.5%	COM	459200101
—	Broadsoft Inc	1,880,000	$2.348B	0.9%	$1016.39	—	CONV BOND	11133BAB8
—	Bunge Ltd	22,190	$2.308B	0.9%	$101930.37	—	CONV PREF	g16962204
—	Shell Midstream Partners	80,072	$2.229B	0.8%	$39381.44	—	COM	822634101
—	KB HOME	2,115,000	$2.229B	0.8%	$1003.62	—	CONV BOND	48666KAS8
—	Andeavor Logistics	43,975	$2.201B	0.8%	$50060.01	—	COM	03350f106
—	Iridium Communications	19,093	$2.172B	0.8%	$67435.05	—	CONV PREF	46269c508
—	Prospect Capital	2,159,000	$2.165B	0.8%	$1026.36	—	CONV BOND	74348TAK8
—	Atlas Air Worldwide Holdings	1,805,000	$2.159B	0.8%	$813.71	—	CONV BOND	049164BH8
—	Delek Logistics Partners	68,605	$2.144B	0.8%	$29174.88	—	COM	24664t103
—	Navistar Intl	2,005,000	$2.087B	0.8%	$934.77	—	CONV BOND	63934eaq1
CAT	Caterpillar Inc	16,569	$2.066B	0.8%	$68.94	+39.3%	COM	149123101
—	Travelers Companies	16,530	$2.025B	0.7%	$89932.10	—	COM	89417e109
—	Greenbriar	1,452,000	$2.003B	0.7%	$1067.14	—	CONV BOND	393657AH4
—	JPMorgan Chase	20,613	$1.969B	0.7%	$59239.27	—	COM	46625h100
—	Chesapeake Energy	3,109	$1.959B	0.7%	$630000.00	—	CONV PREF	165167768
—	Aceto Corp	2,165,000	$1.928B	0.7%	$918.25	—	CONV BOND	004446AD2
—	United Technologies	16,427	$1.907B	0.7%	$99874.81	—	COM	913017109
—	General Cable Corp	2,095,000	$1.863B	0.7%	$1087.13	—	CONV BOND	369300al2
—	Visa	16,431	$1.729B	0.6%	$190804.81	—	COM	92826c839
NMIH	NMI Holdings	138,985	$1.723B	0.6%	$8.84	+31.0%	COM	629209305
—	Kimball Electronics	79,330	$1.717B	0.6%	$11930.00	—	COM	49428j109
—	Aircastle LTD	76,954	$1.715B	0.6%	$16604.77	—	COM	g0129k104
DIS	Walt Disney	17,096	$1.685B	0.6%	$67.75	+43.1%	COM	254687106
—	First Bancshares	55,491	$1.673B	0.6%	$14411.45	—	COM	318916103
PG	Procter & Gamble	18,104	$1.647B	0.6%	$58.10	+25.7%	COM	742718109
—	Exxon Mobil	20,019	$1.641B	0.6%	$89920.31	—	COM	30231g102
EFA	iShares MSCI EAFE Index Fund	23,882	$1.635B	0.6%	$65273.21	—	COM	464287465
—	Southern National Bancorp of Virginia	93,412	$1.587B	0.6%	$17599.91	—	COM	843395104
CIVB	Civista Bancshares	68,381	$1.528B	0.6%	$8.76	+87.6%	COM	178867107
AXP	American Express Company	16,468	$1.49B	0.6%	$64.93	+18.0%	COM	025816109
—	Archrock Partners	104,253	$1.487B	0.5%	$15856.74	—	COM	03957u100
—	Plains GP Holdings	66,085	$1.445B	0.5%	$33558.20	—	COM	72651a207
—	Premier Financial Bancorp	66,018	$1.439B	0.5%	$14020.36	—	COM	74050m105
MSFT	Microsoft Corporation	19,031	$1.418B	0.5%	$33.03	+101.9%	COM	594918104
—	Teekay Inc	155,926	$1.392B	0.5%	$31039.81	—	COM	y8564w103
PEBK	Peoples Bancorp of NC	38,771	$1.381B	0.5%	$14.43	+100.4%	COM	710577107
ONB	Old National Bancorp	74,207	$1.358B	0.5%	$13.44	+24.5%	COM	680033107
—	Sunpower Corp	1,730,000	$1.35B	0.5%	$802.11	—	CONV BOND	867652AJ8
WMT	Wal-Mart Stores	17,047	$1.332B	0.5%	$20.40	+12.3%	COM	931142103
—	Alaska Communications	585,760	$1.33B	0.5%	$2337.21	—	COM	01167p101
—	Global Eagle Entertainment	2,060,000	$1.298B	0.5%	$788.36	—	CONV BOND	37951DAB8
—	Jefferies Group	1,263,000	$1.266B	0.5%	$1076.59	—	CONV BOND	472319ag7
—	SandRidge Energy	62,615	$1.258B	0.5%	$17258.30	—	COM	80007p869
FCCO	First Community Corp	61,490	$1.257B	0.5%	$8.74	+90.5%	COM	319835104
—	Peoples Financial Corp	83,458	$1.227B	0.5%	$11784.47	—	COM	71103b102
—	Iridium Communications	118,904	$1.225B	0.5%	$7721.34	—	COM	46269c102
—	MutualFirst Financial	31,626	$1.216B	0.4%	$15366.12	—	COM	62845b104
CZWI	Citizens Community Bancorp	87,054	$1.214B	0.4%	$11.66	+0.4%	COM	174903104
—	First United Corp	72,851	$1.213B	0.4%	$15172.90	—	COM	33741h107
—	Royal Gold Inc	1,105,000	$1.211B	0.4%	$967.31	—	CONV BOND	780287AA6
—	Two River Bancorp	60,766	$1.204B	0.4%	$10127.01	—	COM	90207c105
—	DowDuPont	17,318	$1.199B	0.4%	$69229.76	—	COM	26078j100
—	Codorus Bancorp	38,736	$1.19B	0.4%	$19760.02	—	COM	192025104
—	Merck & Co	18,207	$1.166B	0.4%	$51613.00	—	COM	58933y105
IBCP	Independent Bank Corp	50,272	$1.139B	0.4%	$4.96	+207.3%	COM	453838609
—	EnLink Midstream	65,419	$1.128B	0.4%	$29640.38	—	COM	29336t100
—	McDermott International	152,663	$1.11B	0.4%	$7004.50	—	COM	580037109
—	Triumph Group	37,270	$1.109B	0.4%	$25831.04	—	COM	896818101
—	PetroQuest Energy	64,182	$1.091B	0.4%	$32227.66	—	CONV PREF	716748207
—	Iridium Communications	3,000	$1.091B	0.4%	$308000.00	—	CONV PREF	46269c409
HVT	Haverty Furniture Company	41,555	$1.087B	0.4%	$21.64	+10.4%	COM	419596101
—	Arcbest Corp	31,757	$1.062B	0.4%	$39216.23	—	COM	03937c105
UBOH	United Bancshares	46,826	$1.054B	0.4%	$15319.90	—	COM	909458101
BAC	Bank of America	40,612	$1.029B	0.4%	$10.95	+82.3%	COM	060505104
PKBK	Parke Bancorp	46,126	$1.024B	0.4%	$9.10	+51.9%	COM	700885106
—	MDC Holdings	30,267	$1.005B	0.4%	$29372.51	—	COM	552676108
—	Essa Bancorp	62,846	$987M	0.4%	$14864.68	—	COM	29667d104
—	Verizon Communications	18,993	$940M	0.3%	$49501.54	—	COM	92343v104
—	Chesapeake Energy Corp	1,000,000	$918M	0.3%	$917.50	—	CONV BOND	165167CR6
—	Eagle Bancorp Montana	49,147	$909M	0.3%	$18500.01	—	COM	26942g100
—	HMN Financial	49,975	$892M	0.3%	$7740.79	—	COM	40424g108
—	Barnes & Noble Inc.	116,442	$885M	0.3%	$9930.00	—	COM	067774109
—	Superior Industries	52,684	$877M	0.3%	$17468.76	—	COM	868168105
NKE	Nike	16,469	$854M	0.3%	$35.53	+41.8%	COM	654106103
LOCO	El Pollo Loco Holdings	68,380	$831M	0.3%	$12.55	-2.0%	COM	268603107
—	Opus Bank	34,600	$830M	0.3%	$24000.00	—	COM	684000102
—	General Electric	34,326	$830M	0.3%	$23620.35	—	COM	369604103
—	Sunpower Corp	1,000,000	$820M	0.3%	$713.13	—	CONV BOND	867652AL3
—	Freddie Mac P	148,300	$816M	0.3%	$3950.00	—	PREF STK	313400640
—	Lannett Company	43,887	$810M	0.3%	$23525.74	—	COM	516012101
KO	Coca-Cola	17,836	$803M	0.3%	$28.88	+21.0%	COM	191216100
PFE	Pfizer	22,289	$796M	0.3%	$17.32	+28.5%	COM	717081103
—	ONE Gas	10,646	$784M	0.3%	$73639.96	—	COM	68235p108
MVBF	MVB Financial Corp	41,272	$776M	0.3%	$12.05	+5.1%	COM	553810102
—	Invensense	775,000	$773M	0.3%	$918.75	—	CONV BOND	46123DAB2
C	Citigroup	10,464	$761M	0.3%	$38.88	+33.5%	COM	172967424
—	AmeriServ Financial	186,773	$747M	0.3%	$2922.09	—	COM	03074a102
RAIL	FreightCar America	36,997	$724M	0.3%	$21.22	-17.0%	COM	357023100
INTC	Intel Corporation	18,556	$707M	0.3%	$20.26	+46.0%	COM	458140100
ZION	Zions Bancorp	14,746	$696M	0.3%	$26.92	+65.3%	COM	989701107
AAL	American Airlines Group	14,127	$671M	0.2%	$32.34	+45.3%	COM	02376R102
—	Astoria Financial	28,935	$622M	0.2%	$11743.63	—	COM	046265104
CFG	Citizens Financial Group	16,335	$619M	0.2%	$16.09	+55.0%	COM	174610105
—	Contura Energy	10,400	$617M	0.2%	$42716.35	—	COM	21241b100
—	Kinder Morgan	32,095	$616M	0.2%	$38825.42	—	COM	49456b101
—	Cisco Systems	17,838	$600M	0.2%	$25751.09	—	COM	17275r102
—	SunTrust Banks	9,993	$597M	0.2%	$33385.93	—	COM	867914103
—	Homestreet	21,770	$588M	0.2%	$27944.97	—	COM	43785u102
—	Navios Maritime Holdings	341,900	$571M	0.2%	$2225.88	—	COM	y62196103
—	RAIT Financial	610,000	$562M	0.2%	$951.63	—	CONV BOND	749227AB0
—	Central Valley Community Bancorp	24,942	$556M	0.2%	$11423.23	—	COM	155685100
—	Rent-A-Center	47,130	$541M	0.2%	$21691.92	—	COM	76009n100
—	SPDR S&P 600 Small Cap Value	4,264	$539M	0.2%	$107481.69	—	COM	78464a300
IYF	iShares DJ US Financial Sector	4,774	$535M	0.2%	$81759.95	—	COM	464287788
UIS	Unisys Corp	61,470	$522M	0.2%	$17.40	-44.3%	COM	909214306
—	Uniti Group	34,795	$510M	0.2%	$14660.01	—	COM	91325v108
HWBK	Hawthorn Bancshares	20,069	$415M	0.2%	$13.66	+33.1%	COM	420476103
—	iShares 0-5 Yr High Yield Corporate Bond	8,500	$407M	0.2%	$47830.00	—	COM	46434v407
FBNC	First Bancorp	11,430	$393M	0.1%	$11.04	+139.3%	COM	318910106
MOFG	MidWest One Financial	10,229	$345M	0.1%	$24.61	+37.1%	COM	598511103
EEM	iShares MSCI Emerging Markets Index	7,615	$341M	0.1%	$43229.94	—	COM	464287234
—	Zions Bancorp	22,438	$341M	0.1%	$3301.27	—	COM	989701115
FCF	First Commonwealth Financial	22,538	$318M	0.1%	$4.97	+95.1%	COM	319829107
FITB	Fifth Third Bancorp	11,275	$315M	0.1%	$11.71	+66.0%	COM	316773100
—	HopFed Bancorp	21,682	$314M	0.1%	$10965.46	—	COM	439734104
PAA	Plains All American Pipeline	11,869	$252M	0.1%	$52907.84	—	COM	726503105
—	Bank of America	18,000	$238M	0.1%	$4430.00	—	COM	060506146
—	Xerium Technologies	48,347	$231M	0.1%	$9852.27	—	COM	98416j118
—	1st Constitution Bancorp	12,417	$225M	0.1%	$11326.63	—	COM	31986n102
—	Energy Transfer Equity	12,809	$223M	0.1%	$38641.83	—	COM	29273v100
BBT	Berkshire Hills Bancorp	5,199	$201M	0.1%	$18.37	+49.1%	COM	084680107
—	A T & T	4,874	$191M	0.1%	$35247.94	—	COM	00206r102
—	Citigroup Inc	1,653,040	$190M	0.1%	$294.51	—	COM	172967226
—	Genco Shipping & Trading Ltd.	15,388	$178M	0.1%	$2615.22	—	COM	y2685t131
—	Bank of America	215,625	$168M	0.1%	$573.40	—	COM	060505153
TIP	iShares Barclays TIPS Bond	1,418	$161M	0.1%	$112141.30	—	COM	464287176
—	Horsehead Holdings	3,564	$160M	0.1%	$1000.00	—	COM	44069P118
—	Energy Transfer Partners	6,759	$124M	0.0%	$39855.33	—	COM	29273R109
FNB	F.N.B. Corporation	8,444	$118M	0.0%	$7.90	+21.6%	COM	302520101
SCHO	Schwab Short-Term U.S. Treasury	2,278	$115M	0.0%	$50414.39	—	COM	808524862
—	Hawaiian Holdings	3,030	$114M	0.0%	$6275.29	—	COM	419879101
IJH	iShares Core S&P MidCap 400 Index	426	$76.28M	0.0%	$179051.64	—	COM	464287507
—	Blackstone Group	2,250	$75.08M	0.0%	$33370.22	—	COM	09253u108
HON	Honeywell International	500	$70.87M	0.0%	$104.34	0.0%	COM	438516106
—	SemGroup Corp	2,407	$69.2M	0.0%	$41152.89	—	COM	81663a105
—	BB&T Corporation	1,443	$67.73M	0.0%	$34446.21	—	COM	054937107
—	Alliance Resource Partners	3,300	$63.85M	0.0%	$58640.00	—	COM	01877r108
F	Ford	4,928	$58.99M	0.0%	$9.18	-21.0%	COM	345370860
—	Altria Group	855	$54.2M	0.0%	$63390.64	—	COM	02209s103
—	Cenveo	15,555	$53.66M	0.0%	$1929.80	—	COM	15670s105
—	KKR & Co	2,560	$52.05M	0.0%	$20330.08	—	COM	48248m102
—	Oaktree Capital Group	1,025	$48.23M	0.0%	$47049.76	—	COM	674001201
EZPW	EZCORP	4,965	$47.17M	0.0%	$5.93	+47.3%	COM	302301106
IWR	iShares Russell Midcap Index	207	$40.77M	0.0%	$196971.02	—	COM	464287499
—	RAIT Financial Trust	54,800	$40M	0.0%	$4480.85	—	COM	749227609
—	Bank of America	29	$37.74M	0.0%	$1109103.50	—	CONV PREF	060505682
TSBK	Timberland Bancorp	1,000	$31.34M	0.0%	$7.96	+161.8%	COM	887098101
—	EOG Resources Inc	305	$29.51M	0.0%	$74973.41	—	COM	26875p101
AGM	Federal Agricultural Mortgage	400	$29.1M	0.0%	$23.58	+115.8%	COM	313148306
—	BOK Financial	310	$27.63M	0.0%	$89112.91	—	COM	05561q201
—	Contura Energy	978	$25.43M	0.0%	$26000.00	—	COM	21241b118
OLN	Olin Corp	701	$23.99M	0.0%	$24.69	0.0%	COM	680665205
—	Jones Energy	600	$23.14M	0.0%	$48250.00	—	CONV PREF	48019R207
—	Teekay Offshore Partners	9,457	$22.51M	0.0%	$17778.35	—	COM	y8565j101
—	Seagate Technology	600	$19.9M	0.0%	$27296.67	—	COM	G7945M107
—	Umpqua Holdings	1,000	$19.51M	0.0%	$15010.00	—	COM	904214103
—	Apollo Global	635	$19.11M	0.0%	$30100.79	—	COM	037612306
—	Navios Maritime Partners	8,100	$16.61M	0.0%	$14178.12	—	COM	y62267102
—	Teekay Tankers	10,000	$16.2M	0.0%	$1880.00	—	COM	y8565n102
—	LGI Homes	300	$14.57M	0.0%	$24210.00	—	COM	50187t106
COFS	Choiceone Financial Services	604	$14.19M	0.0%	$9.78	+61.7%	COM	170386106
—	Fannie Mae	2,000	$13.94M	0.0%	$5760.00	—	PREF STK	313586752
—	Navios Maritime Acquisition	11,000	$13.42M	0.0%	$1417.27	—	COM	y62159101
—	QEP Resources	1,500	$12.86M	0.0%	$29788.70	—	COM	74733v100
—	Genco Shipping	62,155	$11.19M	0.0%	$207.29	—	COM	y2685t123
—	DR Horton	250	$9.983M	0.0%	$28832.00	—	COM	23331a109
—	Chesapeake Energy	2,206	$9.486M	0.0%	$4300.09	—	COM	165167107
—	AK Steel	1,500	$8.385M	0.0%	$4660.00	—	COM	001547108
TOL	Toll Brothers	200	$8.294M	0.0%	$36.06	+9.1%	COM	889478103
WEBC	Webco Industries	100	$7.9M	0.0%	$84.38	-4.6%	COM	947621207
—	Emerge Energy Services	850	$7.004M	0.0%	$4970.59	—	COM	29102H108
—	United Community Banks	220	$6.279M	0.0%	$12814.59	—	COM	90984p303
—	Southwestern Energy Company	1,000	$6.11M	0.0%	$22913.25	—	COM	845467109
—	PetroQuest Energy	2,500	$5.725M	0.0%	$605.90	—	COM	716748108
HBAN	Huntington Bancshares	407	$5.683M	0.0%	$9.08	0.0%	COM	446150104
—	Meritage Homes Corporation	100	$4.44M	0.0%	$34800.00	—	COM	59001a102
—	Boardwalk Pipeline Partners	200	$2.94M	0.0%	$12980.00	—	COM	096627104
—	Pioneer Energy Services	1,050	$2.678M	0.0%	$2550.48	—	COM	723664108
—	Alliance One International	200	$2.18M	0.0%	$19200.00	—	COM	018772103
—	Park Sterling Corp	164	$2.037M	0.0%	$6670.73	—	COM	70086y105
—	SunPower	236	$1.72M	0.0%	$6101.69	—	COM	867652406
—	Jones Energy	522	$1.002M	0.0%	$1919.54	—	COM	48019r108