Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial Average	35,701	$7.827B	4.5%	$179905.81	—	COM	78467x109
AAPL	Apple	21,932	$5.577B	3.2%	$32.99	+115.4%	COM	037833100
—	UnitedHealth Group	20,285	$5.059B	2.9%	$116291.23	—	COM	91324p102
—	iShares 0-5 Yr High Yield Corporate Bond	110,735	$4.526B	2.6%	$44679.79	—	COM	46434v407
HD	Home Depot	20,658	$3.857B	2.2%	$86.22	+120.5%	COM	437076102
MSFT	Microsoft Corporation	22,349	$3.525B	2.0%	$46.25	+238.0%	COM	594918104
MCD	McDonald's	20,926	$3.46B	2.0%	$91.89	+87.0%	COM	580135101
—	Visa	19,903	$3.207B	1.8%	$179226.40	—	COM	92826c839
—	Goldman Sachs	20,252	$3.131B	1.8%	$183214.31	—	COM	38141g104
BA	Boeing	20,991	$3.131B	1.8%	$143.57	+90.0%	COM	097023105
—	GNC Holdings	3,220,000	$3.042B	1.7%	$660.63	—	CONV BOND	36191GAB3
JNJ	Johnson & Johnson	22,311	$2.926B	1.7%	$80.23	+49.7%	COM	478160104
—	3M	20,109	$2.745B	1.6%	$143821.66	—	COM	88579y101
—	QCR Holdings	95,680	$2.59B	1.5%	$16036.23	—	COM	74727a104
—	Magellan Midstream Partners	67,646	$2.468B	1.4%	$55080.50	—	COM	559080106
PG	Procter & Gamble	21,562	$2.372B	1.4%	$61.73	+68.2%	COM	742718109
CAT	Caterpillar	20,197	$2.344B	1.3%	$80.55	+40.8%	COM	149123101
WMT	Wal-Mart	20,520	$2.331B	1.3%	$22.34	+58.3%	COM	931142103
IBM	IBM	20,906	$2.319B	1.3%	$112.33	-12.5%	COM	459200101
WMB	Williams Companies	156,768	$2.218B	1.3%	$19.44	-28.0%	COM	969457100
—	PDL Biopharma	2,010,000	$2.151B	1.2%	$951.67	—	CONV BOND	69329YAG9
—	Cowen	3,215	$2.148B	1.2%	$797743.90	—	CONV PREF	223622507
—	Summit Financial Group	98,830	$2.096B	1.2%	$11259.59	—	COM	86606g101
DIS	Walt Disney	20,853	$2.014B	1.2%	$75.77	+63.0%	COM	254687106
—	Travelers	20,082	$1.995B	1.1%	$97355.56	—	COM	89417e109
—	JPMorgan Chase	22,152	$1.994B	1.1%	$66179.39	—	COM	46625h100
—	United Technologies	19,881	$1.875B	1.1%	$103199.42	—	COM	913017109
—	Encore Capital Group	2,080,000	$1.867B	1.1%	$918.80	—	CONV BOND	292554AH5
—	SB Financial	167,809	$1.866B	1.1%	$9287.45	—	COM	78408d105
—	Tutor Perini Corp	2,029,000	$1.858B	1.1%	$947.56	—	CONV BOND	901109AD0
—	Atlas Air Worldwide Holdings	1,920,000	$1.739B	1.0%	$846.37	—	CONV BOND	049164BH8
—	Horizon Global	2,195,000	$1.734B	1.0%	$820.10	—	CONV BOND	44052WAA2
CVX	Chevron Corporation	23,876	$1.73B	1.0%	$74.20	+2.4%	COM	166764100
AXP	American Express Company	19,909	$1.704B	1.0%	$70.57	+52.5%	COM	025816109
—	Bunge	18,289	$1.701B	1.0%	$101930.37	—	CONV PREF	g16962204
—	Merck	21,533	$1.657B	1.0%	$53366.23	—	COM	58933y105
NKE	Nike	19,868	$1.644B	0.9%	$41.91	+104.9%	COM	654106103
—	Phillips 66 Partners	43,719	$1.593B	0.9%	$55368.84	—	COM	718549207
—	Greenbriar	1,950,000	$1.582B	0.9%	$962.76	—	CONV BOND	393657AK7
—	Macquarie Infrastructure	1,970,000	$1.58B	0.9%	$1002.62	—	CONV BOND	55608BAB1
OKE	ONEOK	72,379	$1.579B	0.9%	$21.15	+94.8%	COM	682680103
EPD	Enterprise Products Partners	109,348	$1.564B	0.9%	$32177.35	—	COM	293792107
—	Synaptics	1,490,000	$1.545B	0.9%	$935.18	—	CONV BOND	87157DAD1
—	Banc of California	186,981	$1.496B	0.9%	$13886.13	—	COM	05990k106
—	MPLX	126,712	$1.472B	0.8%	$35518.47	—	COM	55336v100
—	Teekay LNG Partners	148,978	$1.458B	0.8%	$31480.21	—	COM	y8564m105
—	Sunpower	1,460,000	$1.371B	0.8%	$802.11	—	CONV BOND	867652AJ8
—	EZCorp Inc	1,726,000	$1.274B	0.7%	$903.36	—	CONV BOND	302301AE6
INTC	Intel	23,081	$1.249B	0.7%	$25.06	+108.8%	COM	458140100
—	Verizon	22,239	$1.195B	0.7%	$49506.04	—	COM	92343v104
—	PDL Biopharma	1,000,000	$1.125B	0.6%	$930.63	—	CONV BOND	69329YAJ3
GEL	Genesis Energy	261,945	$1.027B	0.6%	$20132.82	—	COM	371927104
UIS	Unisys Corp	80,768	$997M	0.6%	$15.17	-15.7%	COM	909214306
—	Alaska Communications	560,645	$976M	0.6%	$2291.11	—	COM	01167p101
—	First United Corp	67,720	$968M	0.6%	$15293.78	—	COM	33741h107
—	Essa Bancorp	68,896	$940M	0.5%	$14870.46	—	COM	29667d104
KO	Coca-Cola	21,108	$934M	0.5%	$30.70	+46.5%	COM	191216100
—	Premier Financial	75,260	$933M	0.5%	$14963.26	—	COM	74050m105
—	First Bancshares	48,771	$930M	0.5%	$14411.45	—	COM	318916103
—	Walgreens Boots Alliance	20,109	$920M	0.5%	$59007.68	—	COM	931427108
CIVB	Civista Bancshares	60,665	$908M	0.5%	$8.76	+90.4%	COM	178867107
PFE	Pfizer	27,171	$887M	0.5%	$18.98	+36.1%	COM	717081103
—	Argan	25,653	$887M	0.5%	$42818.51	—	COM	04010e109
—	Wintrust Financial	26,860	$883M	0.5%	$76440.43	—	COM	97650w108
—	Exxon Mobil	23,223	$882M	0.5%	$85077.85	—	COM	30231g102
C	Citigroup	20,717	$873M	0.5%	$46.20	+17.3%	COM	172967424
ONB	Old National Bancorp	65,852	$869M	0.5%	$13.44	+24.1%	COM	680033107
NMIH	NMI Holdings	73,870	$858M	0.5%	$8.84	+199.0%	COM	629209305
BAC	Bank of America	39,803	$845M	0.5%	$11.47	+125.9%	COM	060505104
—	Sunpower	1,000,000	$845M	0.5%	$713.13	—	CONV BOND	867652AL3
FCCO	First Community	53,565	$842M	0.5%	$8.74	+84.3%	COM	319835104
—	Cisco Systems	21,010	$826M	0.5%	$28783.19	—	COM	17275r102
—	Teekay Corp	1,000,000	$824M	0.5%	$783.13	—	CONV BOND	87900YAE3
—	Kimball Electronics Inc	75,366	$823M	0.5%	$12331.22	—	COM	49428j109
—	HMN Financial	45,345	$816M	0.5%	$7740.79	—	COM	40424g108
—	BP Midstream Partners	86,072	$801M	0.5%	$19802.71	—	COM	0556EL109
—	MDC Holdings	34,170	$793M	0.5%	$29702.51	—	COM	552676108
PEBK	Peoples Bancorp	38,845	$791M	0.5%	$15.96	+68.2%	COM	710577107
—	Peoples Financial	77,943	$783M	0.4%	$11784.47	—	COM	71103b102
—	Shell Midstream Partners	78,318	$782M	0.4%	$37284.09	—	COM	822634101
—	Energy Transfer LP	163,996	$754M	0.4%	$16737.50	—	COM	29273v100
—	Eagle Bancorp Montana	45,468	$737M	0.4%	$18500.01	—	COM	26942g100
—	Hess Midstream Partners	72,498	$737M	0.4%	$19509.37	—	COM	428104103
—	EQT Midstream Partners	61,761	$729M	0.4%	$52079.88	—	COM	26885b100
—	Southern National Bancorp of Virginia	73,021	$719M	0.4%	$17599.91	—	COM	843395104
—	Antero Midstream	338,677	$711M	0.4%	$2100.00	—	COM	03676b102
—	Freddie Mac	148,105	$711M	0.4%	$4127.37	—	PREF STK	313400640
UBOH	United Bancshares	43,591	$708M	0.4%	$15408.06	—	COM	909458101
CZWI	Citizens Community Bancorp	108,645	$701M	0.4%	$11.68	-18.9%	COM	174903104
PKBK	Parke Bancorp	51,751	$698M	0.4%	$10.28	+47.0%	COM	700885106
—	LGI Homes Inc.	14,747	$666M	0.4%	$69750.70	—	COM	50187t106
—	Codorus Bancorp Inc.	40,588	$653M	0.4%	$20271.30	—	COM	192025104
—	Opus Bank	37,455	$649M	0.4%	$24528.57	—	COM	684000102
LZB	La-Z-Boy	31,550	$648M	0.4%	$28.40	0.0%	COM	505336107
—	Kinder Morgan	45,524	$634M	0.4%	$15123.26	—	COM	49456b101
MVBF	MVB Financial Corp	49,216	$628M	0.4%	$12.96	+22.8%	COM	553810102
DOW	Dow	21,318	$623M	0.4%	$36.02	-15.1%	COM	260557103
TBCH	Turtle Beach	90,492	$565M	0.3%	$15.44	-54.1%	COM	900450206
OCFC	OceanFirst Financial	34,821	$554M	0.3%	$16.33	0.0%	COM	675234108
—	Alliance Resource Partners	173,258	$537M	0.3%	$18872.00	—	COM	01877r108
YELP	Yelp	29,325	$529M	0.3%	$33.72	-9.8%	COM	985817105
—	Delek Logistics Partners	54,818	$499M	0.3%	$29161.53	—	COM	24664t103
—	Arcbest	28,300	$496M	0.3%	$38433.77	—	COM	03937c105
—	Targa Resources Corp	69,628	$481M	0.3%	$44846.65	—	COM	87612g101
—	Lannett Company	68,681	$477M	0.3%	$18621.23	—	COM	516012101
HWBK	Hawthorn Bancshares	25,504	$468M	0.3%	$15.34	+34.6%	COM	420476103
—	Homestreet	20,355	$452M	0.3%	$27967.53	—	COM	43785u102
CLF	Cleveland-Cliffs	108,880	$430M	0.2%	$9.32	-33.6%	COM	185899101
—	Mesa Air Group	124,675	$410M	0.2%	$3290.00	—	COM	590479135
WLKP	Westlake Chemical Partners	26,515	$392M	0.2%	$23098.74	—	COM	960417103
—	Aceto Corp	384,000	$372M	0.2%	$970.00	—	CONV BOND	004446AD2
—	Groupon	367,415	$360M	0.2%	$2660.00	—	COM	399473107
ZION	Zions Bancorp	12,896	$345M	0.2%	$26.92	+53.0%	COM	989701107
—	Plains GP Holdings	59,037	$331M	0.2%	$32684.82	—	COM	72651a207
—	EnLink Midstream	294,226	$324M	0.2%	$16297.33	—	COM	29336t100
—	Central Valley Community Bancorp	24,527	$320M	0.2%	$11522.93	—	COM	155685100
—	Pacwest Bancorp	17,818	$319M	0.2%	$28462.31	—	COM	695263103
MOFG	MidWest One Financial	14,039	$294M	0.2%	$26.07	+12.7%	COM	598511103
—	SPDR S&P 600 Small Cap Value	6,908	$282M	0.2%	$56885.55	—	COM	78464a300
THFF	The First Financial Corp	8,342	$281M	0.2%	$33.94	-2.0%	COM	320218100
—	Blackstone Group	5,985	$273M	0.2%	$45569.93	—	COM	09253u108
CFG	Citizens Financial Group	14,346	$270M	0.2%	$16.25	+54.3%	COM	174610105
—	Truist Financial Corp	8,688	$268M	0.2%	$56320.00	—	COM	89832q109
—	Talos Energy	46,587	$268M	0.2%	$28527.75	—	COM	87484t108
—	Western Midstream Partners	82,350	$267M	0.2%	$27730.00	—	COM	95825r103
—	AmeriServ Financial	101,035	$265M	0.2%	$2922.09	—	COM	03074a102
—	First US Bancshares	41,022	$252M	0.1%	$11533.87	—	COM	33744v103
—	Sterling Bancorp	23,243	$243M	0.1%	$24599.98	—	COM	85917a100
—	EZCorp	275,000	$214M	0.1%	$1118.90	—	CONV BOND	302301AF3
—	Uniti Group	35,155	$212M	0.1%	$14692.06	—	COM	91325v108
TIP	iShares Barclays TIPS Bond	1,710	$202M	0.1%	$112694.06	—	COM	464287176
—	Apollo Global Management	6,020	$202M	0.1%	$32034.72	—	COM	037612306
AAL	American Airlines Group	16,164	$197M	0.1%	$31.97	-28.8%	COM	02376R102
—	Customers Bancorp	17,390	$190M	0.1%	$10930.02	—	COM	23204g100
—	Vaalco Energy	208,780	$188M	0.1%	$2220.00	—	COM	91851c201
—	Carlyle Group	7,805	$169M	0.1%	$22232.90	—	COM	14309l102
FITB	Fifth Third Bancorp	10,815	$161M	0.1%	$11.71	+67.8%	COM	316773100
—	KKR	6,825	$160M	0.1%	$20569.13	—	COM	48248m102
EEM	iShares MSCI Emerging Markets	4,615	$158M	0.1%	$39060.01	—	COM	464287234
—	Global Eagle Entertainment	1,840,000	$148M	0.1%	$788.36	—	CONV BOND	37951DAB8
—	Chesapeake Energy	3,150,000	$142M	0.1%	$861.10	—	CONV BOND	165167CY1
—	Equitrans Midstream Corporation	28,165	$142M	0.1%	$18064.57	—	COM	294600101
HWC	Hancock Whitney Corporation	6,913	$135M	0.1%	$38.02	-9.2%	COM	410120109
—	A T & T	4,544	$132M	0.1%	$34962.22	—	COM	00206r102
—	1st Constitution Bancorp	9,992	$132M	0.1%	$11477.18	—	COM	31986n102
—	BOK Financial	3,087	$131M	0.1%	$66628.09	—	COM	05561q201
—	BancFirst Corporation	3,865	$129M	0.1%	$33369.99	—	COM	05945f103
—	Mastercard	510	$123M	0.1%	$241560.78	—	COM	57636q104
IYF	iShares DJ US Financial Sector	1,226	$119M	0.1%	$106369.92	—	COM	464287788
—	General Electric	14,589	$116M	0.1%	$22474.55	—	COM	369604103
—	Brookfield Asset Management	2,354	$104M	0.1%	$57799.91	—	COM	112585104
—	Genco Shipping & Trading	15,119	$97.07M	0.1%	$7400.01	—	COM	y2685t131
—	ProShares Ultra Short Dow 30	2,010	$96.9M	0.1%	$48209.95	—	COM	74347x112
—	Superior Industries	71,473	$85.77M	0.0%	$13147.26	—	COM	868168105
FNB	F.N.B. Corporation	11,626	$85.68M	0.0%	$8.20	+1.7%	COM	302520101
—	PowerShares QQQ Trust	445	$84.73M	0.0%	$190400.00	—	COM	73935a104
—	SandRidge Energy	92,496	$83.16M	0.0%	$13905.41	—	COM	80007p869
—	Iridium Communications	3,374	$75.34M	0.0%	$9877.08	—	COM	46269c102
—	Contura Energy	31,377	$73.74M	0.0%	$52399.86	—	COM	21241b100
—	Teekay Inc	22,065	$69.72M	0.0%	$29830.54	—	COM	y8564w103
—	Horsehead Holdings	3,294	$65.88M	0.0%	$19999.09	—	WARRANT	44069P118
—	Navios Maritime Partners	8,728	$46.43M	0.0%	$1685.59	—	COM	y62267102
—	Navios Maritime Holdings	18,529	$42.8M	0.0%	$2871.89	—	COM	y62196103
PAA	Plains All American Pipeline	7,825	$41.32M	0.0%	$49687.02	—	COM	726503105
AZN	Astrazeneca	900	$40.19M	0.0%	$42782.22	—	COM	046353108
—	Bank of America	29	$36.72M	0.0%	$1109103.50	—	CONV PREF	060505682
UPS	United Parcel Service	362	$33.82M	0.0%	$81.89	0.0%	COM	911312106
—	Financial Sector SPDR	1,600	$33.31M	0.0%	$20820.00	—	COM	81369y105
—	Teekay Tankers	1,461	$32.49M	0.0%	$22240.25	—	COM	y8565n102
—	Fannie Mae	5,000	$31.65M	0.0%	$8350.00	—	PREF STK	313586752
NGL	NGL Energy Partners	12,090	$31.43M	0.0%	$33032.01	—	COM	62913M107
BBT	Berkshire Hills Bancorp	2,077	$30.86M	0.0%	$18.52	+13.1%	COM	084680107
—	Direxion Daily S&P 500 Bull 3X	1,085	$28.26M	0.0%	$26049.77	—	COM	25459w862
—	Unit Corp	98,465	$25.6M	0.0%	$260.00	—	COM	909218109
—	Trex	300	$24.04M	0.0%	$80140.00	—	COM	89531p105
TSBK	Timberland Bancorp	1,000	$18.29M	0.0%	$7.96	+152.6%	COM	887098101
—	WPX Energy	4,929	$15.03M	0.0%	$9977.48	—	COM	98212b103
AGM	Federal Agricultural Mortgage	250	$13.91M	0.0%	$23.58	+145.7%	COM	313148306
—	Hawaiian Holdings	1,231	$12.85M	0.0%	$6275.29	—	COM	419879101
EZPW	EZCORP Inc.	3,065	$12.78M	0.0%	$5.93	-13.2%	COM	302301106
F	Ford Motor	2,517	$12.16M	0.0%	$6.95	-18.6%	COM	345370860
—	Umpqua Holdings Corporation	1,000	$10.9M	0.0%	$17700.00	—	COM	904214103
—	Enable Midstream Partners	4,000	$10.28M	0.0%	$2570.00	—	COM	292480100
—	Seagate Technology	200	$9.76M	0.0%	$53790.00	—	COM	G7945M107
—	Paypal	100	$9.574M	0.0%	$103590.00	—	COM	70450y103
—	DR Horton	250	$8.5M	0.0%	$41380.00	—	COM	23331a109
—	General Motors	400	$8.312M	0.0%	$36340.00	—	COM	37045v100
—	Uber Technologies	280	$7.818M	0.0%	$27921.43	—	COM	90353t100
—	Talos Energy	69,972	$7.697M	0.0%	$2898.39	—	WARRANT	87484t116
—	Chesapeake Energy	155	$4.805M	0.0%	$252838.70	—	CONV PREF	165167768
HVT	Haverty Furniture Company	388	$4.613M	0.0%	$21.33	-17.5%	COM	419596101
—	United Community Banks	220	$4.028M	0.0%	$18309.09	—	COM	90984p303
TOL	Toll Brothers	200	$3.85M	0.0%	$36.06	+4.9%	COM	889478103
—	Zions Bancorp	11,208	$3.676M	0.0%	$3301.27	—	WARRANT	989701115
—	Meritage Homes Corporation	100	$3.651M	0.0%	$51340.00	—	COM	59001a102
—	Macy's	400	$1.964M	0.0%	$25190.00	—	COM	55616p104
—	JP Morgan Chase Alerian ETN	215	$1.941M	0.0%	$9027.91	—	COM	46625h365
—	Sientra	800	$1.592M	0.0%	$1990.00	—	COM	82621j105
—	Contura Energy	63,607	$636K	0.0%	$25152.86	—	WARRANT	21241b118
—	Pyxus International	200	$622K	0.0%	$23000.00	—	COM	74737v106
—	Chesapeake Energy Corporation	2,233	$386K	0.0%	$3957.07	—	COM	165167107
—	Genco Shipping	2,155	$129K	0.0%	$59.86	—	WARRANT	y2685t123