Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial	36,867	$9.748B	3.4%	$174094.60	—	COM	78467x109
BA	Boeing	19,883	$7.394B	2.6%	$134.32	+152.4%	COM	097023105
WMB	Williams Companies	220,995	$6.009B	2.1%	$19.44	-1.0%	COM	969457100
—	Magellan Midstream Partners	79,040	$5.353B	1.8%	$55080.50	—	COM	559080106
OKE	ONEOK	78,907	$5.349B	1.8%	$21.15	+102.2%	COM	682680103
EFA	iShares MSCI EAFE Index Fund	77,069	$5.24B	1.8%	$66970.00	—	COM	464287465
—	UnitedHealth Group	19,299	$5.134B	1.8%	$108078.55	—	COM	91324p102
AAPL	Apple	19,922	$4.497B	1.6%	$29.94	+64.5%	COM	037833100
—	QCR Holdings	108,897	$4.448B	1.5%	$16036.23	—	COM	74727a104
—	Alliance Resource Partners	217,911	$4.445B	1.5%	$18872.00	—	COM	01877r108
—	Goldman Sachs	19,003	$4.261B	1.5%	$185335.25	—	COM	38141g104
—	Targa Resources Corp	72,978	$4.109B	1.4%	$45910.43	—	COM	87612g101
HD	Home Depot	19,713	$4.084B	1.4%	$80.77	+107.9%	COM	437076102
—	EnLink Midstream Partners	217,002	$4.045B	1.4%	$28272.56	—	COM	29336u107
—	3M	18,928	$3.988B	1.4%	$144322.86	—	COM	88579y101
NGL	NGL Energy Partners	339,928	$3.943B	1.4%	$33032.01	—	COM	62913M107
—	Banc of California	199,231	$3.765B	1.3%	$13879.69	—	COM	05990k106
—	SB Financial Group	184,028	$3.745B	1.3%	$9287.45	—	COM	78408d105
—	EQT Midstream Partners	67,473	$3.561B	1.2%	$52780.00	—	COM	26885b100
—	EZCorp	3,435,000	$3.395B	1.2%	$716.21	—	CONV BOND	302301AB2
—	MPLX	97,663	$3.387B	1.2%	$38941.66	—	COM	55336v100
MCD	McDonald's	20,235	$3.385B	1.2%	$87.65	+53.8%	COM	580135101
EPD	Enterprise Products Partners	117,749	$3.383B	1.2%	$32177.35	—	COM	293792107
—	Chesapeake Energy	3,330,000	$3.289B	1.1%	$861.10	—	CONV BOND	165167CY1
—	PDL Biopharma	3,260,000	$3.217B	1.1%	$951.67	—	CONV BOND	69329YAG9
JNJ	Johnson & Johnson	21,342	$2.949B	1.0%	$77.75	+39.0%	COM	478160104
CVX	Chevron Corporation	23,967	$2.931B	1.0%	$74.13	+18.6%	COM	166764100
IBM	IBM	19,160	$2.897B	1.0%	$113.50	-10.8%	COM	459200101
CAT	Caterpillar	18,985	$2.895B	1.0%	$78.07	+54.4%	COM	149123101
—	A Schulmann	2,886	$2.893B	1.0%	$865690.30	—	CONV PREF	808194302
—	Visa	18,983	$2.849B	1.0%	$180366.52	—	COM	92826c839
NMIH	NMI Holdings	125,775	$2.849B	1.0%	$8.84	+136.0%	COM	629209305
—	Antero Midstream Partners	96,249	$2.758B	1.0%	$27872.13	—	COM	03673l103
—	United Technologies	18,928	$2.646B	0.9%	$103765.13	—	COM	913017109
—	Phillips 66 Partners	50,721	$2.594B	0.9%	$55368.84	—	COM	718549207
—	Transmontaigne Partners	67,105	$2.584B	0.9%	$41963.73	—	COM	89376v100
—	JPMorgan Chase	22,798	$2.573B	0.9%	$64997.51	—	COM	46625h100
—	Teekay LNG Partners	152,372	$2.545B	0.9%	$32708.18	—	COM	y8564m105
—	GNC Holdings	3,290,000	$2.533B	0.9%	$660.63	—	CONV BOND	36191GAB3
—	Holly Energy Partners	79,642	$2.506B	0.9%	$36885.39	—	COM	435763107
—	Summit Financial Group	107,265	$2.49B	0.9%	$11259.59	—	COM	86606g101
—	Travelers Companies	19,129	$2.481B	0.9%	$97229.71	—	COM	89417e109
MSFT	Microsoft Corporation	21,547	$2.464B	0.9%	$40.06	+151.6%	COM	594918104
GEL	Genesis Energy	101,731	$2.419B	0.8%	$48866.15	—	COM	371927104
—	Wintrust Financial	28,466	$2.418B	0.8%	$76440.43	—	COM	97650w108
—	Titan Machinery	2,327,000	$2.295B	0.8%	$858.98	—	CONV BOND	88830RAB7
DIS	Walt Disney	19,546	$2.286B	0.8%	$72.57	+46.8%	COM	254687106
—	Delek Logistics Partners	65,089	$2.213B	0.8%	$29161.53	—	COM	24664t103
—	Bunge Ltd	19,751	$2.143B	0.7%	$101930.37	—	CONV PREF	g16962204
—	First Bancshares	53,816	$2.102B	0.7%	$14411.45	—	COM	318916103
—	Andeavor Logistics	42,518	$2.065B	0.7%	$49782.54	—	COM	03350f106
AXP	American Express	18,969	$2.02B	0.7%	$68.23	+37.9%	COM	025816109
—	Contura Energy	42,280	$1.924B	0.7%	$35015.86	—	WARRANT	21241b118
—	Exxon Mobil	22,621	$1.923B	0.7%	$87848.52	—	COM	30231g102
—	Contura Energy	24,245	$1.921B	0.7%	$63578.72	—	COM	21241b100
—	KB HOME	1,870,000	$1.892B	0.7%	$1003.62	—	CONV BOND	48666KAS8
—	Encore Capital	2,040,000	$1.887B	0.7%	$924.85	—	CONV BOND	292554AH5
WMT	Wal-Mart Stores	19,539	$1.835B	0.6%	$21.57	+26.7%	COM	931142103
—	Macquarie Infrastructure	2,010,000	$1.81B	0.6%	$1002.62	—	CONV BOND	55608BAB1
—	Horizon Global	2,435,000	$1.764B	0.6%	$820.10	—	CONV BOND	44052WAA2
PG	Procter & Gamble	20,853	$1.736B	0.6%	$59.55	+13.8%	COM	742718109
—	Atlas Air Worldwide	1,505,000	$1.731B	0.6%	$813.71	—	CONV BOND	049164BH8
—	Aircastle LTD	78,957	$1.73B	0.6%	$16793.56	—	COM	g0129k104
—	Shell Midstream Partners	77,479	$1.657B	0.6%	$38663.46	—	COM	822634101
CIVB	Civista Bancshares	67,240	$1.62B	0.6%	$8.76	+124.4%	COM	178867107
CZWI	Citizens Community Bancorp	115,690	$1.62B	0.6%	$11.68	+3.7%	COM	174903104
NKE	Nike	18,928	$1.604B	0.6%	$39.14	+86.5%	COM	654106103
—	Hess Midstream	69,855	$1.593B	0.6%	$19700.01	—	COM	428104103
—	Arcbest Corp	31,895	$1.549B	0.5%	$39081.38	—	COM	03937c105
—	Premier Financial Bancorp	82,600	$1.527B	0.5%	$14963.26	—	COM	74050m105
—	Plains GP Holdings	62,133	$1.524B	0.5%	$33413.04	—	COM	72651a207
—	Southern National Bancorp of Virginia	93,959	$1.522B	0.5%	$17599.91	—	COM	843395104
—	Kimball Electronics	76,770	$1.509B	0.5%	$12106.57	—	COM	49428j109
—	BP Midstream Partners	80,035	$1.505B	0.5%	$20545.84	—	COM	0556EL109
—	Aceto	1,975,000	$1.484B	0.5%	$918.25	—	CONV BOND	004446AD2
FCCO	First Community Corp	60,875	$1.473B	0.5%	$8.74	+137.5%	COM	319835104
—	Merck	20,674	$1.467B	0.5%	$52000.72	—	COM	58933y105
—	Global Eagle Entertainment	1,975,000	$1.451B	0.5%	$788.36	—	CONV BOND	37951DAB8
—	Navistar Intl	1,430,000	$1.426B	0.5%	$934.77	—	CONV BOND	63934eaq1
—	First United Corp	75,086	$1.412B	0.5%	$15293.78	—	COM	33741h107
ONB	Old National Bancorp	72,544	$1.4B	0.5%	$13.44	+46.5%	COM	680033107
C	Citigroup	19,469	$1.397B	0.5%	$45.91	+19.3%	COM	172967424
—	Walgreens Boots Alliance	18,928	$1.38B	0.5%	$60015.01	—	COM	931427108
UIS	Unisys Corp	65,880	$1.344B	0.5%	$16.85	-2.4%	COM	909214306
—	DowDuPont	19,797	$1.273B	0.4%	$68437.62	—	COM	26078j100
—	Codorus Bancorp	40,145	$1.254B	0.4%	$20107.79	—	COM	192025104
—	Sunpower Corp.	1,525,000	$1.242B	0.4%	$802.11	—	CONV BOND	867652AJ8
BAC	Bank of America	41,805	$1.232B	0.4%	$11.47	+122.1%	COM	060505104
PEBK	Peoples Bancorp	42,496	$1.226B	0.4%	$15.96	+92.2%	COM	710577107
—	Essa Bancorp	73,351	$1.193B	0.4%	$14870.46	—	COM	29667d104
PKBK	Parke Bancorp	52,920	$1.188B	0.4%	$9.94	+62.9%	COM	700885106
—	Argan Inc	27,370	$1.177B	0.4%	$43000.00	—	COM	04010e109
—	MutualFirst Financial	31,628	$1.165B	0.4%	$15366.12	—	COM	62845b104
—	EnLink Midstream	69,941	$1.151B	0.4%	$28786.56	—	COM	29336t100
—	Verizon	21,397	$1.142B	0.4%	$49272.11	—	COM	92343v104
—	Opus Bank	40,070	$1.098B	0.4%	$24528.57	—	COM	684000102
—	Peoples Financial	84,272	$1.096B	0.4%	$11784.47	—	COM	71103b102
—	Talos Energy	33,380	$1.096B	0.4%	$32820.01	—	COM	87484t108
UBOH	United Bancshares	47,734	$1.093B	0.4%	$15408.06	—	COM	909458101
—	MDC Holdings	35,835	$1.06B	0.4%	$29747.72	—	COM	552676108
—	Two River Bancorp	60,382	$1.047B	0.4%	$10127.01	—	COM	90207c105
PFE	Pfizer	23,703	$1.045B	0.4%	$17.79	+55.4%	COM	717081103
—	HMN Financial	49,975	$1.024B	0.4%	$7740.79	—	COM	40424g108
INTC	Intel Corporation	21,228	$1.004B	0.3%	$22.92	+81.1%	COM	458140100
HVT	Haverty Furniture	44,493	$983M	0.3%	$21.67	-0.3%	COM	419596101
—	Alaska Communications	595,000	$976M	0.3%	$2316.18	—	COM	01167p101
—	McDermott International	52,051	$959M	0.3%	$19650.00	—	COM	580037703
MVBF	MVB Financial Corp	53,221	$959M	0.3%	$12.96	+16.3%	COM	553810102
—	Cisco Systems	19,551	$951M	0.3%	$27792.02	—	COM	17275r102
LOCO	El Pollo Loco Holdings	75,325	$945M	0.3%	$12.36	-1.3%	COM	268603107
—	Superior Industries	55,301	$943M	0.3%	$17493.81	—	COM	868168105
KO	Coca-Cola	20,255	$936M	0.3%	$29.77	+21.9%	COM	191216100
—	Teekay Corp	1,000,000	$911M	0.3%	$910.54	—	CONV BOND	87900YAD5
—	Triumph Group	38,867	$906M	0.3%	$25694.02	—	COM	896818101
—	Teekay Inc	134,159	$904M	0.3%	$29830.54	—	COM	y8564w103
—	Royal Gold	895,000	$902M	0.3%	$967.31	—	CONV BOND	780287AA6
—	Eagle Bancorp	48,930	$888M	0.3%	$18500.01	—	COM	26942g100
—	Sunpower Corp	1,000,000	$837M	0.3%	$713.13	—	CONV BOND	867652AL3
—	LGI Homes	17,036	$808M	0.3%	$69750.70	—	COM	50187t106
—	AmeriServ Financial	185,721	$799M	0.3%	$2922.09	—	COM	03074a102
—	iShares 0-5 Yr High Yield Corporate Bond	16,655	$784M	0.3%	$46619.99	—	COM	46434v407
—	Kinder Morgan	42,370	$751M	0.3%	$15059.97	—	COM	49456b101
RAIL	FreightCar America	46,379	$745M	0.3%	$20.14	-14.5%	COM	357023100
ZION	Zions Bancorp	14,631	$734M	0.3%	$26.92	+96.2%	COM	989701107
—	SandRidge Energy	67,115	$730M	0.3%	$17275.93	—	COM	80007p869
—	Barnes & Noble	123,290	$715M	0.2%	$9651.89	—	COM	067774109
—	SPDR S&P 600 Small Cap Value	10,381	$709M	0.2%	$88366.93	—	COM	78464a300
—	Uniti Group	34,855	$702M	0.2%	$14692.06	—	COM	91325v108
—	Freddie Mac	155,105	$692M	0.2%	$4068.46	—	PREF STK	313400640
—	SunTrust Banks	9,896	$661M	0.2%	$33385.93	—	COM	867914103
HWBK	Hawthorn Bancshares	27,226	$619M	0.2%	$15.07	+37.4%	COM	420476103
CFG	Citizens Financial Group	15,951	$615M	0.2%	$16.09	+82.5%	COM	174610105
—	Homestreet	22,540	$597M	0.2%	$27967.53	—	COM	43785u102
AAL	American Airlines Group	13,984	$578M	0.2%	$32.34	+18.5%	COM	02376R102
—	Sterling Bancorp	24,771	$545M	0.2%	$24599.98	—	COM	85917a100
—	Central Valley Community Bancorp	24,942	$539M	0.2%	$11423.23	—	COM	155685100
—	Invensense	560,000	$538M	0.2%	$918.75	—	CONV BOND	46123DAB2
—	First US Bancshares	46,245	$502M	0.2%	$11559.19	—	COM	33744v103
—	Vaalco Energy	175,000	$478M	0.2%	$2730.00	—	COM	91851c201
—	Midsouth Bancorp	26,130	$402M	0.1%	$12775.40	—	COM	598039105
—	HopFed Bancorp	21,684	$379M	0.1%	$10965.46	—	COM	439734104
—	Genco Shipping	26,681	$374M	0.1%	$7400.01	—	COM	y2685t131
MOFG	MidWest One Financial	10,229	$341M	0.1%	$24.61	+36.3%	COM	598511103
PAA	Plains All American Pipeline	13,133	$328M	0.1%	$49687.02	—	COM	726503105
—	Bank of America	18,000	$321M	0.1%	$4430.00	—	WARRANT	060506146
FITB	Fifth Third Bancorp	11,275	$315M	0.1%	$11.71	+87.8%	COM	316773100
—	1st Constitution Bancorp	12,444	$258M	0.1%	$11477.18	—	COM	31986n102
—	Lannett Company	52,058	$247M	0.1%	$22292.39	—	COM	516012101
—	Navios Maritime Holdings	347,790	$246M	0.1%	$2208.50	—	COM	y62196103
—	Blackstone Group	5,985	$228M	0.1%	$31984.44	—	COM	09253u108
—	Energy Transfer Equity	12,474	$217M	0.1%	$38641.83	—	COM	29273v100
—	Zions Bancorp	11,938	$214M	0.1%	$3301.27	—	WARRANT	989701115
—	Apollo Global Management	6,020	$208M	0.1%	$32034.72	—	COM	037612306
BBT	Berkshire Hills Bancorp	5,099	$208M	0.1%	$18.37	+79.9%	COM	084680107
—	General Electric Company	18,288	$206M	0.1%	$22474.55	—	COM	369604103
—	KKR & Co	6,825	$186M	0.1%	$20569.13	—	COM	48248m102
—	Carlyle Group	7,805	$176M	0.1%	$22232.90	—	COM	14309l102
—	A T & T	5,035	$169M	0.1%	$35262.40	—	COM	00206r102
—	Oaktree Capital Group	3,815	$158M	0.1%	$42493.52	—	COM	674001201
TIP	iShares Barclays TIPS Bond	1,353	$150M	0.1%	$112904.66	—	COM	464287176
—	Energy Transfer Partners	6,185	$138M	0.0%	$39855.33	—	COM	29273R109
—	Horsehead Holdings	3,396	$136M	0.0%	$1000.00	—	WARRANT	44069P118
—	Iridium Communications	5,597	$126M	0.0%	$9877.08	—	COM	46269c102
—	Talos Energy	27,772	$126M	0.0%	$4529.99	—	WARRANT	87484t116
FNB	F.N.B. Corporation	8,444	$107M	0.0%	$7.90	+25.2%	COM	302520101
—	WPX Energy	4,630	$93.15M	0.0%	$14068.90	—	COM	98212b103
—	Orchids Paper Products	27,500	$90.75M	0.0%	$3300.00	—	COM	68572n104
—	BB&T Corporation	1,443	$70.04M	0.0%	$34446.21	—	COM	054937107
—	Bank of America Corp	215,625	$64.69M	0.0%	$573.40	—	WARRANT	060505153
—	Hawaiian Holdings	1,281	$51.37M	0.0%	$6275.29	—	COM	419879101
—	SemGroup Corp	2,163	$47.69M	0.0%	$41152.89	—	COM	81663a105
—	Bank of America	29	$37.53M	0.0%	$1109103.50	—	CONV PREF	060505682
EZPW	EZCORP	3,065	$32.8M	0.0%	$5.93	+92.0%	COM	302301106
TSBK	Timberland Bancorp	1,000	$31.24M	0.0%	$7.96	+247.0%	COM	887098101
F	Ford Motor	2,458	$22.73M	0.0%	$6.85	0.0%	COM	345370860
—	Teekay Offshore Partners	9,257	$21.66M	0.0%	$17778.35	—	COM	y8565j101
—	Umpqua Holdings	1,000	$20.8M	0.0%	$15010.00	—	COM	904214103
—	Chesapeake Energy	4,233	$19.01M	0.0%	$4395.80	—	COM	165167107
AGM	Federal Agricultural Mortgage	250	$18.05M	0.0%	$23.58	+177.7%	COM	313148306
—	QEP Resources	1,500	$16.98M	0.0%	$29788.70	—	COM	74733v100
COFS	Choiceone Financial Services	604	$16.4M	0.0%	$9.78	+106.8%	COM	170386106
—	Navios Maritime Partners	9,100	$15.93M	0.0%	$12879.42	—	COM	y62267102
—	Hi Crush Partners	1,400	$15.12M	0.0%	$10600.00	—	COM	428337109
—	Macys	400	$13.89M	0.0%	$25190.00	—	COM	55616p104
—	General Motors	400	$13.47M	0.0%	$36340.00	—	COM	37045v100
—	Chesapeake Energy	21	$13.23M	0.0%	$625238.10	—	CONV PREF	165167768
—	Fannie Mae	2,000	$11.02M	0.0%	$5760.00	—	PREF STK	313586752
—	Teekay Tankers	10,100	$9.977M	0.0%	$1168.20	—	COM	y8565n102
—	Seagate Technology	200	$9.47M	0.0%	$27296.67	—	COM	G7945M107
—	Rent-A-Center	575	$8.269M	0.0%	$20397.32	—	COM	76009n100
—	AK Steel	1,500	$7.35M	0.0%	$4660.00	—	COM	001547108
TOL	Toll Brothers	200	$6.606M	0.0%	$36.06	+0.4%	COM	889478103
—	Navios Maritime Acquisition	11,000	$5.612M	0.0%	$1417.27	—	COM	y62159101
—	Jones Energy	600	$5.416M	0.0%	$48250.00	—	CONV PREF	48019R207
—	Southwestern Energy Company	1,000	$5.11M	0.0%	$4330.00	—	COM	845467109
—	Pyxus International	200	$4.6M	0.0%	$23000.00	—	COM	74737v106
—	PetroQuest Energy	59,277	$2.964M	0.0%	$32227.66	—	CONV PREF	716748207
—	Citigroup	1,653,040	$2.48M	0.0%	$294.51	—	WARRANT	172967226
—	SunPower Corporation	236	$1.723M	0.0%	$7978.81	—	COM	867652406
—	Genco Shipping	2,155	$862K	0.0%	$207.29	—	WARRANT	y2685t123
—	PetroQuest Energy	2,500	$225K	0.0%	$605.90	—	COM	716748108
—	Sandridge Energy	4,028	$201K	0.0%	$506.95	—	WARRANT	80007p125