Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial	39,395	$10.47B	3.9%	$179905.81	—	COM	78467x109
BA	Boeing	19,677	$7.163B	2.7%	$134.32	+166.0%	COM	097023105
EFA	iShares MSCI EAFE Index Fund	80,229	$5.273B	2.0%	$64860.00	—	COM	464287465
OKE	ONEOK	75,509	$5.196B	1.9%	$21.15	+107.3%	COM	682680103
—	Magellan Midstream Partners	74,190	$4.748B	1.8%	$55080.50	—	COM	559080106
WMB	Williams Companies	168,190	$4.716B	1.8%	$19.44	-1.3%	COM	969457100
—	UnitedHealth Group	19,194	$4.684B	1.7%	$108078.55	—	COM	91324p102
NGL	NGL Energy Partners	316,853	$4.68B	1.7%	$33032.01	—	COM	62913M107
—	iShares 0-5 Yr High Yield Corporate Bond	95,240	$4.448B	1.7%	$46700.00	—	COM	46434v407
MCD	McDonald's	19,785	$4.109B	1.5%	$87.65	+93.7%	COM	580135101
AAPL	Apple	20,746	$4.106B	1.5%	$30.55	+52.6%	COM	037833100
HD	Home Depot	19,582	$4.072B	1.5%	$80.77	+109.9%	COM	437076102
—	Goldman Sachs	19,152	$3.918B	1.5%	$184998.08	—	COM	38141g104
—	Aceto Corp	3,890,000	$3.696B	1.4%	$747.84	—	CONV BOND	004446AD2
—	Alliance Resource Partners	214,648	$3.645B	1.4%	$18872.00	—	COM	01877r108
—	Antero Midstream	317,889	$3.643B	1.4%	$18087.44	—	COM	03673l103
—	QCR Holdings	100,197	$3.494B	1.3%	$16036.23	—	COM	74727a104
—	PDL Biopharma	3,170,000	$3.328B	1.2%	$951.67	—	CONV BOND	69329YAG9
EPD	Enterprise Products Partners	113,635	$3.281B	1.2%	$32177.35	—	COM	293792107
—	3M Co	18,907	$3.277B	1.2%	$144322.86	—	COM	88579y101
—	Visa	18,777	$3.259B	1.2%	$180366.52	—	COM	92826c839
—	EnLink Midstream	311,164	$3.14B	1.2%	$16297.33	—	COM	29336t100
—	MPLX	93,753	$3.018B	1.1%	$38941.66	—	COM	55336v100
CVX	Chevron Corporation	23,844	$2.967B	1.1%	$74.13	+21.7%	COM	166764100
JNJ	Johnson & Johnson	21,032	$2.929B	1.1%	$77.75	+47.6%	COM	478160104
—	Targa Resources	74,203	$2.913B	1.1%	$45809.24	—	COM	87612g101
—	Cowen Inc	3,200	$2.899B	1.1%	$797743.90	—	CONV PREF	223622507
—	SB Financial Group	175,516	$2.889B	1.1%	$9287.45	—	COM	78408d105
—	EQT Midstream Partners	64,330	$2.874B	1.1%	$52780.00	—	COM	26885b100
MSFT	Microsoft Corporation	21,282	$2.851B	1.1%	$40.06	+198.3%	COM	594918104
—	Travelers	18,978	$2.838B	1.1%	$97229.71	—	COM	89417e109
—	Western Midstream Partners	91,300	$2.809B	1.0%	$27730.00	—	COM	95825r103
—	GNC Holdings	3,290,000	$2.788B	1.0%	$660.63	—	CONV BOND	36191GAB3
—	Summit Financial Group	103,259	$2.773B	1.0%	$11259.59	—	COM	86606g101
DIS	Disney	19,449	$2.716B	1.0%	$72.57	+76.4%	COM	254687106
IBM	IBM	19,337	$2.667B	1.0%	$113.50	-13.1%	COM	459200101
—	Banc of California	187,879	$2.625B	1.0%	$13879.69	—	COM	05990k106
CAT	Caterpillar	18,818	$2.565B	1.0%	$78.07	+46.9%	COM	149123101
—	Chesapeake Energy	3,210,000	$2.562B	1.0%	$861.10	—	CONV BOND	165167CY1
—	JPMorgan	22,828	$2.552B	0.9%	$66179.39	—	COM	46625h100
—	United Technologies	18,777	$2.445B	0.9%	$103765.13	—	COM	913017109
—	Phillips 66 Partners	47,917	$2.365B	0.9%	$55368.84	—	COM	718549207
AXP	American Express Company	18,818	$2.323B	0.9%	$68.23	+57.5%	COM	025816109
PG	Procter & Gamble	20,588	$2.257B	0.8%	$59.55	+52.0%	COM	742718109
—	Teekay LNG Partners	159,805	$2.253B	0.8%	$31480.21	—	COM	y8564m105
GEL	Genesis Energy	102,875	$2.253B	0.8%	$47039.34	—	COM	371927104
NMIH	NMI Holdings	79,305	$2.251B	0.8%	$8.84	+214.9%	COM	629209305
WMT	Wal-Mart	19,388	$2.142B	0.8%	$21.57	+45.1%	COM	931142103
—	Energy Transfer	151,785	$2.137B	0.8%	$17042.97	—	COM	29273v100
—	Wintrust Financial	27,747	$2.03B	0.8%	$76440.43	—	COM	97650w108
—	Encore Capital Group	2,125,000	$2.004B	0.7%	$918.80	—	CONV BOND	292554AH5
—	Delek Logistics Partners	61,504	$1.968B	0.7%	$29161.53	—	COM	24664t103
—	Bunge	19,043	$1.851B	0.7%	$101930.37	—	CONV PREF	g16962204
—	Tutor Perini Corp	1,889,000	$1.789B	0.7%	$947.18	—	CONV BOND	901109AD0
—	Macquarie Infrastructure	2,000,000	$1.78B	0.7%	$1002.62	—	CONV BOND	55608BAB1
—	Atlas Air Worldwide Holdings	1,810,000	$1.778B	0.7%	$841.36	—	CONV BOND	049164BH8
—	Merck	20,507	$1.72B	0.6%	$52000.72	—	COM	58933y105
—	Exxon Mobil Corporation	22,356	$1.713B	0.6%	$87848.52	—	COM	30231g102
—	Greenbriar C	1,765,000	$1.695B	0.6%	$980.09	—	CONV BOND	393657AK7
—	Freddie Mac	146,105	$1.648B	0.6%	$4118.16	—	PREF STK	313400640
—	EZCorp Inc	1,766,000	$1.595B	0.6%	$903.36	—	CONV BOND	302301AE6
—	Aircastle LTD	74,779	$1.59B	0.6%	$16793.56	—	COM	g0129k104
—	First Bancshares	51,976	$1.577B	0.6%	$14411.45	—	COM	318916103
NKE	Nike	18,777	$1.576B	0.6%	$39.14	+97.0%	COM	654106103
—	Shell Midstream Partners	75,239	$1.559B	0.6%	$38663.46	—	COM	822634101
—	Plains GP Holdings	60,587	$1.513B	0.6%	$33271.68	—	COM	72651a207
—	Hess Midstream Partners	76,149	$1.485B	0.6%	$19509.37	—	COM	428104103
—	Andeavor Logistics	40,732	$1.48B	0.5%	$49438.53	—	COM	03350f106
C	Citigroup	20,907	$1.464B	0.5%	$46.20	+14.5%	COM	172967424
CIVB	Civista Bancshares	64,140	$1.44B	0.5%	$8.76	+105.2%	COM	178867107
—	First United Corp	71,896	$1.417B	0.5%	$15293.78	—	COM	33741h107
—	Sunpower Corp	1,470,000	$1.339B	0.5%	$802.11	—	CONV BOND	867652AJ8
—	Contura Energy	25,261	$1.311B	0.5%	$63129.81	—	COM	21241b100
—	Horizon Global Corp	2,260,000	$1.293B	0.5%	$820.10	—	CONV BOND	44052WAA2
PEBK	Peoples Bancorp of NC	41,039	$1.233B	0.5%	$15.96	+73.0%	COM	710577107
CZWI	Citizens Community Bancorp	113,238	$1.227B	0.5%	$11.68	-14.3%	COM	174903104
—	Verizon Communications	21,175	$1.21B	0.4%	$49272.11	—	COM	92343v104
—	Kimball Electronics	73,850	$1.199B	0.4%	$12209.82	—	COM	49428j109
ONB	Old National Bancorp	71,919	$1.193B	0.4%	$13.44	+24.2%	COM	680033107
—	MDC Holdings	36,380	$1.193B	0.4%	$29702.51	—	COM	552676108
—	Southern National Bancorp	77,858	$1.192B	0.4%	$17599.91	—	COM	843395104
—	Premier Financial Bancorp	79,190	$1.188B	0.4%	$14963.26	—	COM	74050m105
BAC	Bank of America	40,843	$1.184B	0.4%	$11.47	+113.6%	COM	060505104
PKBK	Parke Bancorp	48,962	$1.173B	0.4%	$9.94	+58.6%	COM	700885106
—	BP Midstream Partners	74,860	$1.159B	0.4%	$20545.84	—	COM	0556EL109
CLF	Cleveland-Cliffs	108,195	$1.154B	0.4%	$9.47	-0.4%	COM	185899101
—	LGI Homes	16,031	$1.145B	0.4%	$69750.70	—	COM	50187t106
FCCO	First Community Corp	59,375	$1.099B	0.4%	$8.74	+74.7%	COM	319835104
—	Essa Bancorp	71,371	$1.088B	0.4%	$14870.46	—	COM	29667d104
—	Cisco Systems	19,758	$1.081B	0.4%	$28066.06	—	COM	17275r102
—	Argan	26,541	$1.077B	0.4%	$42913.43	—	COM	04010e109
INTC	Intel Corporation	21,977	$1.052B	0.4%	$23.58	+82.8%	COM	458140100
—	Walgreens Boots Alliance	18,777	$1.027B	0.4%	$60015.01	—	COM	931427108
PFE	Pfizer	23,523	$1.019B	0.4%	$17.79	+64.3%	COM	717081103
KO	Coca-Cola	19,906	$1.014B	0.4%	$29.77	+34.1%	COM	191216100
—	MutualFirst Financial	29,630	$1.009B	0.4%	$15366.12	—	COM	62845b104
—	HMN Financial	47,475	$997M	0.4%	$7740.79	—	COM	40424g108
DOW	Dow Inc	20,115	$992M	0.4%	$36.37	0.0%	COM	260557103
—	Kinder Morgan	47,174	$985M	0.4%	$15123.26	—	COM	49456b101
—	Alaska Communications System	574,055	$982M	0.4%	$2316.18	—	COM	01167p101
—	Peoples Financial Corp	82,172	$955M	0.4%	$11784.47	—	COM	71103b102
—	Codorus Bancorp	41,169	$947M	0.4%	$20136.15	—	COM	192025104
TBCH	Turtle Beach	81,207	$939M	0.3%	$16.27	-34.9%	COM	900450206
—	Talos Energy	38,470	$925M	0.3%	$31744.14	—	COM	87484t108
—	Contura Energy	44,825	$919M	0.3%	$34220.52	—	WARRANT	21241b118
UBOH	United Bancshares	45,151	$911M	0.3%	$15408.06	—	COM	909458101
MVBF	MVB Financial Corp	52,461	$890M	0.3%	$12.96	+7.5%	COM	553810102
—	Sunpower Corp	1,000,000	$886M	0.3%	$713.13	—	CONV BOND	867652AL3
—	Global Eagle Entertainment	1,880,000	$886M	0.3%	$788.36	—	CONV BOND	37951DAB8
—	Opus Bank	39,105	$826M	0.3%	$24528.57	—	COM	684000102
—	Arcbest	29,240	$822M	0.3%	$39081.38	—	COM	03937c105
—	Two River Bancorp	56,697	$814M	0.3%	$10127.01	—	COM	90207c105
—	Eagle Bancorp Montana	48,583	$806M	0.3%	$18500.01	—	COM	26942g100
—	Teekay Corp	1,000,000	$783M	0.3%	$783.13	—	CONV BOND	87900YAE3
—	Barnes & Noble	111,435	$746M	0.3%	$9651.89	—	COM	067774109
HVT	Haverty Furniture Company	43,485	$741M	0.3%	$21.67	-9.1%	COM	419596101
LOCO	El Pollo Loco Holdings	68,255	$728M	0.3%	$12.36	-6.1%	COM	268603107
—	AmeriServ Financial	172,829	$717M	0.3%	$2922.09	—	COM	03074a102
HWBK	Hawthorn Bancshares	25,496	$683M	0.3%	$15.07	+55.4%	COM	420476103
UIS	Unisys Corp	70,290	$683M	0.3%	$16.41	-37.1%	COM	909214306
ZION	Zions Bancorp	14,031	$645M	0.2%	$26.92	+71.9%	COM	989701107
—	Homestreet	21,425	$635M	0.2%	$27967.53	—	COM	43785u102
—	SandRidge Energy	91,750	$635M	0.2%	$14561.22	—	COM	80007p869
—	SunTrust Banks	9,897	$622M	0.2%	$33385.93	—	COM	867914103
IYF	iShares DJ US Financial Sector	4,774	$600M	0.2%	$106369.92	—	COM	464287788
CFG	Citizens Financial Group Inc.	16,238	$574M	0.2%	$16.25	+60.0%	COM	174610105
—	Central Valley Community Bancorp	25,192	$541M	0.2%	$11522.93	—	COM	155685100
—	Sterling Bancorp	24,891	$530M	0.2%	$24599.98	—	COM	85917a100
AAL	American Airlines Group	15,499	$505M	0.2%	$32.42	-1.5%	COM	02376R102
—	McDermott International	44,981	$435M	0.2%	$19650.00	—	COM	580037703
—	First US Bancshares	45,786	$423M	0.2%	$11533.87	—	COM	33744v103
—	Equitrans Midstream Corporation	21,450	$423M	0.2%	$20609.29	—	COM	294600101
—	HopFed Bancorp	21,687	$411M	0.2%	$10965.46	—	COM	439734104
—	Pacwest Bancorp	9,540	$370M	0.1%	$37610.00	—	COM	695263103
—	Uniti Group	34,855	$331M	0.1%	$14692.06	—	COM	91325v108
EEM	iShares MSCI Emerging Markets	7,615	$327M	0.1%	$39060.01	—	COM	464287234
—	Lannett Company	53,123	$322M	0.1%	$21640.34	—	COM	516012101
—	EZCorp Inc	280,000	$316M	0.1%	$1118.90	—	CONV BOND	302301AF3
PAA	Plains All American Pipeline	12,933	$315M	0.1%	$49687.02	—	COM	726503105
FITB	Fifth Third Bancorp	11,275	$315M	0.1%	$11.71	+79.8%	COM	316773100
—	Midsouth Bancorp	26,140	$310M	0.1%	$12775.40	—	COM	598039105
MOFG	MidWest One Financial Group	10,299	$288M	0.1%	$24.61	+15.0%	COM	598511103
RAIL	FreightCar America	48,795	$286M	0.1%	$18.88	-65.8%	COM	357023100
—	Teekay Inc	70,839	$244M	0.1%	$29830.54	—	COM	y8564w103
—	Superior Industries	66,104	$229M	0.1%	$14573.01	—	COM	868168105
—	Apollo Global Management	6,020	$206M	0.1%	$32034.72	—	COM	037612306
—	1st Constitution Bancorp	10,644	$197M	0.1%	$11477.18	—	COM	31986n102
—	Oaktree Capital Group	3,815	$189M	0.1%	$42493.52	—	COM	674001201
—	A T & T	5,616	$188M	0.1%	$34962.22	—	COM	00206r102
TIP	iShares Barclays TIPS Bond	1,587	$183M	0.1%	$112390.35	—	COM	464287176
—	Carlyle Group	7,805	$176M	0.1%	$22232.90	—	COM	14309l102
—	KKR	6,825	$172M	0.1%	$20569.13	—	COM	48248m102
—	Genco Shipping & Trading	19,889	$168M	0.1%	$7400.01	—	COM	y2685t131
BBT	Berkshire Hills Bancorp	5,239	$164M	0.1%	$18.52	+30.9%	COM	084680107
—	General Electric Company	14,588	$153M	0.1%	$22474.55	—	COM	369604103
—	Zions Bancorp	11,368	$151M	0.1%	$3301.27	—	WARRANT	989701115
—	SPDR S&P 600 Small Cap Value	2,430	$147M	0.1%	$80046.17	—	COM	78464a300
—	BOK Financial	1,575	$119M	0.0%	$79419.19	—	COM	05561q201
—	Iridium Communications	3,374	$118M	0.0%	$9877.08	—	COM	46269c102
—	Navios Maritime Partners	8,728	$118M	0.0%	$1685.59	—	COM	y62267102
—	Talos Energy	62,972	$110M	0.0%	$3087.04	—	WARRANT	87484t116
FNB	F.N.B. Corporation	8,444	$99.39M	0.0%	$7.90	+12.0%	COM	302520101
—	BB&T Corporation	1,970	$96.79M	0.0%	$38374.29	—	COM	054937107
—	Aceto Corporation	539,130	$83.56M	0.0%	$155.00	—	COM	004446100
—	Horsehead Holdings	3,329	$83.22M	0.0%	$1000.00	—	WARRANT	44069P118
—	Navios Maritime Holdings	17,529	$78.53M	0.0%	$2208.50	—	COM	y62196103
—	Altria Group	1,257	$59.54M	0.0%	$54263.55	—	COM	02209s103
—	Bank of America	29	$39.79M	0.0%	$1109103.50	—	CONV PREF	060505682
—	Hawaiian Holdings	1,281	$35.14M	0.0%	$6275.29	—	COM	419879101
TSBK	Timberland Bancorp	1,000	$29.88M	0.0%	$7.96	+173.3%	COM	887098101
EZPW	EZCORP	3,065	$29.03M	0.0%	$5.93	+64.2%	COM	302301106
—	Fannie Mae	2,000	$24.92M	0.0%	$5760.00	—	PREF STK	313586752
—	EOG Resources	250	$23.29M	0.0%	$87212.00	—	COM	26875p101
AZN	Astrazeneca	500	$20.64M	0.0%	$41280.00	—	COM	046353108
COFS	Choiceone Financial Services	634	$18.71M	0.0%	$10.25	+106.5%	COM	170386106
AGM	Federal Agricultural Mortgage	250	$18.16M	0.0%	$23.58	+147.5%	COM	313148306
—	General Motors	400	$15.41M	0.0%	$36340.00	—	COM	37045v100
—	Holly Energy Partners	534	$14.69M	0.0%	$36675.97	—	COM	435763107
—	Teekay Tankers	10,100	$12.93M	0.0%	$1168.20	—	COM	y8565n102
—	Teekay Offshore Partners	9,257	$11.66M	0.0%	$17778.35	—	COM	y8565j101
—	QEP Resources	1,500	$10.85M	0.0%	$7230.00	—	COM	74733v100
—	DR Horton	250	$10.78M	0.0%	$41380.00	—	COM	23331a109
—	Chesapeake Energy	5,233	$10.2M	0.0%	$3957.07	—	COM	165167107
—	Macy's	400	$8.584M	0.0%	$25190.00	—	COM	55616p104
TOL	Toll Brothers	200	$7.324M	0.0%	$36.06	+3.5%	COM	889478103
—	United Community Banks	220	$6.283M	0.0%	$28559.09	—	COM	90984p303
—	Meritage Homes Corporation	100	$5.134M	0.0%	$51340.00	—	COM	59001a102
IJH	iShares Core S&P MidCap 400 Index	21	$4.079M	0.0%	$194238.10	—	COM	464287507
—	AK Steel	1,500	$3.555M	0.0%	$4660.00	—	COM	001547108
—	Pyxus International	200	$3.04M	0.0%	$23000.00	—	COM	74737v106
—	SunPower Corporation	236	$2.523M	0.0%	$7978.81	—	COM	867652406
—	Triumph Group	100	$2.29M	0.0%	$22900.00	—	COM	896818101
—	Genco Shipping	2,155	$216K	0.0%	$100.23	—	WARRANT	y2685t123
—	Navios Maritime Containers	94	$183K	0.0%	$2391.75	—	COM	y62151108