Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial Average	34,777	$9.651B	5.6%	$181379.88	—	COM	78467x109
AMGN	Amgen	16,777	$4.264B	2.5%	$209.54	0.0%	COM	031162100
—	UnitedHealth Group	12,235	$3.815B	2.2%	$116291.23	—	COM	91324p102
HD	The Home Depot	12,608	$3.501B	2.0%	$86.22	+175.7%	COM	437076102
WMB	Williams Companies	145,037	$2.85B	1.6%	$19.44	-20.8%	COM	969457100
MSFT	Microsoft Corporation	13,496	$2.839B	1.6%	$46.25	+334.0%	COM	594918104
—	salesforce.com	11,227	$2.822B	1.6%	$251320.03	—	COM	79466l302
MCD	McDonald's Corp	12,833	$2.817B	1.6%	$91.89	+97.4%	COM	580135101
AAPL	Apple	23,367	$2.706B	1.6%	$37.09	+185.7%	COM	037833100
—	Cowen	3,150	$2.564B	1.5%	$797743.90	—	CONV PREF	223622507
—	QCR Holdings	93,464	$2.562B	1.5%	$16036.23	—	COM	74727a104
—	The Goldman Sachs Group	12,202	$2.452B	1.4%	$183214.31	—	COM	38141g104
—	Visa	11,938	$2.387B	1.4%	$179391.86	—	COM	92826c839
BA	The Boeing Company	13,004	$2.149B	1.2%	$143.68	+18.6%	COM	097023105
JNJ	Johnson & Johnson	14,362	$2.138B	1.2%	$80.71	+57.4%	COM	478160104
—	Magellan Midstream Partners	62,311	$2.131B	1.2%	$55080.50	—	COM	559080106
—	SB Financial Group	157,037	$2.118B	1.2%	$9287.45	—	COM	78408d105
—	PDL Biopharma	1,930,000	$2.092B	1.2%	$951.67	—	CONV BOND	69329YAG9
—	Atlas Air Worldwide Holdings	1,850,000	$2.019B	1.2%	$846.37	—	CONV BOND	049164BH8
—	Tutor Perini Corp	2,014,000	$1.998B	1.2%	$947.56	—	CONV BOND	901109AD0
—	Encore Capital	2,000,000	$1.972B	1.1%	$918.80	—	CONV BOND	292554AH5
OKE	ONEOK	75,623	$1.965B	1.1%	$21.25	-6.2%	COM	682680103
HON	Honeywell International	11,917	$1.962B	1.1%	$133.22	0.0%	COM	438516106
—	iShares 0-5 Yr High Yield Corporate	44,315	$1.948B	1.1%	$44679.79	—	COM	46434v407
—	3M	12,128	$1.943B	1.1%	$143951.56	—	COM	88579y101
—	Banc of California	185,788	$1.88B	1.1%	$13886.13	—	COM	05990k106
PG	Procter & Gamble	13,512	$1.878B	1.1%	$61.73	+88.5%	COM	742718109
CAT	Caterpillar Inc	12,282	$1.832B	1.1%	$81.10	+56.4%	COM	149123101
—	MPLX	115,074	$1.811B	1.0%	$35518.47	—	COM	55336v100
—	Greenbriar Co	1,985,000	$1.81B	1.0%	$957.15	—	CONV BOND	393657AK7
—	Antero Midstream	325,896	$1.75B	1.0%	$2100.00	—	COM	03676b102
—	Synaptics Inc	1,400,000	$1.75B	1.0%	$935.18	—	CONV BOND	87157DAD1
WMT	Wal-Mart Stores	12,451	$1.742B	1.0%	$22.59	+82.9%	COM	931142103
EPD	Enterprise Products Partners	109,909	$1.735B	1.0%	$31485.45	—	COM	293792107
—	Bunge Ltd	16,949	$1.665B	1.0%	$101930.37	—	CONV PREF	g16962204
IBM	IBM	13,062	$1.589B	0.9%	$112.11	-16.3%	COM	459200101
DIS	Walt Disney	12,761	$1.583B	0.9%	$75.77	+61.2%	COM	254687106
TBCH	Turtle Beach Corp	86,512	$1.575B	0.9%	$15.44	+16.1%	COM	900450206
—	Horizon Global Corp	2,130,000	$1.544B	0.9%	$820.10	—	CONV BOND	44052WAA2
—	MDC Holdings	31,972	$1.506B	0.9%	$29702.51	—	COM	552676108
—	Teekay LNG Partners	142,381	$1.495B	0.9%	$31480.21	—	COM	y8564m105
NKE	Nike	11,818	$1.484B	0.9%	$41.91	+137.7%	COM	654106103
—	Equitrans Midstream	167,008	$1.413B	0.8%	$9905.63	—	COM	294600101
—	Sunpower Corp	1,450,000	$1.411B	0.8%	$802.11	—	CONV BOND	867652AJ8
—	Macquarie Infrastructure	1,535,000	$1.406B	0.8%	$1002.62	—	CONV BOND	55608BAB1
—	Delek Logistics Partners	48,789	$1.384B	0.8%	$29161.53	—	COM	24664t103
—	Summit Financial Group	92,407	$1.369B	0.8%	$11259.59	—	COM	86606g101
NMIH	NMI Holdings	76,796	$1.367B	0.8%	$9.12	+79.0%	COM	629209305
—	JPMorgan Chase	14,167	$1.364B	0.8%	$66179.39	—	COM	46625h100
—	The Travelers Companies	12,235	$1.324B	0.8%	$97521.81	—	COM	89417e109
—	EZCorp Inc	1,581,000	$1.217B	0.7%	$903.36	—	CONV BOND	302301AE6
—	PDL Biopharma	1,000,000	$1.199B	0.7%	$930.63	—	CONV BOND	69329YAJ3
AXP	American Express Company	11,859	$1.189B	0.7%	$70.57	+30.2%	COM	025816109
—	Merck	13,722	$1.138B	0.7%	$53993.71	—	COM	58933y105
CVX	Chevron Corporation	15,743	$1.133B	0.7%	$74.20	-10.4%	COM	166764100
—	FBL Financial Group	22,694	$1.094B	0.6%	$48200.01	—	COM	30239f106
—	Energy Transfer	199,885	$1.083B	0.6%	$14700.62	—	COM	29273v100
GEL	Genesis Energy	239,876	$1.079B	0.6%	$20132.82	—	COM	371927104
—	Alaska Communications	538,775	$1.078B	0.6%	$2291.11	—	COM	01167p101
—	Freddie Mac	148,105	$1.072B	0.6%	$4127.37	—	PREF STK	313400640
—	Argan	24,268	$1.017B	0.6%	$42818.51	—	COM	04010e109
—	Wintrust Financial	25,344	$1.015B	0.6%	$76440.43	—	COM	97650w108
—	Hess Midstream Partners	66,664	$1.007B	0.6%	$19509.37	—	COM	428104103
LZB	La-Z-Boy	30,670	$970M	0.6%	$28.30	+7.4%	COM	505336107
—	First Bancshares	45,351	$951M	0.5%	$14411.45	—	COM	318916103
—	Phillips 66 Partners	41,239	$950M	0.5%	$55368.84	—	COM	718549207
—	Sunpower Corp	1,000,000	$949M	0.5%	$713.13	—	CONV BOND	867652AL3
—	Targa Resources Corp	64,401	$904M	0.5%	$44846.65	—	COM	87612g101
—	Kimball Electronics	75,165	$869M	0.5%	$12331.22	—	COM	49428j109
UBOH	United Bancshares	40,397	$869M	0.5%	$15408.06	—	COM	909458101
BAC	Bank of America	35,748	$861M	0.5%	$11.47	+90.3%	COM	060505104
—	Verizon Communications Inc.	14,403	$857M	0.5%	$49581.14	—	COM	92343v104
—	Arcbest	27,575	$856M	0.5%	$38017.00	—	COM	03937c105
—	Brighthouse Financial	31,510	$848M	0.5%	$26910.00	—	COM	10922n103
UIS	Unisys Corp	78,805	$841M	0.5%	$15.17	-24.3%	COM	909214306
C	Citigroup	19,292	$832M	0.5%	$46.20	-11.2%	COM	172967424
—	Shell Midstream Partners	87,654	$829M	0.5%	$33428.83	—	COM	822634101
—	LGI Homes	7,051	$819M	0.5%	$69750.70	—	COM	50187t106
—	Teekay Corp	1,000,000	$810M	0.5%	$783.13	—	CONV BOND	87900YAE3
INTC	Intel	15,101	$782M	0.5%	$25.06	+85.6%	COM	458140100
ONB	Old National Bancorp	61,911	$778M	0.4%	$13.44	+2.2%	COM	680033107
CLF	Cleveland-Cliffs	119,365	$766M	0.4%	$9.00	-33.1%	COM	185899101
—	Premier Financial Bancorp Inc.	70,453	$761M	0.4%	$14963.26	—	COM	74050m105
—	BP Midstream Partners	75,990	$753M	0.4%	$19802.71	—	COM	0556EL109
—	Essa Bancorp	60,476	$746M	0.4%	$14870.46	—	COM	29667d104
—	Peoples Financial Corp	69,303	$710M	0.4%	$11784.47	—	COM	71103b102
CIVB	Civista Bancshares	55,855	$699M	0.4%	$8.76	+31.0%	COM	178867107
—	First United Corp	59,265	$694M	0.4%	$15293.78	—	COM	33741h107
—	Eagle Bancorp Montana	39,113	$689M	0.4%	$18500.01	—	COM	26942g100
CZWI	Citizens Community Bancorp	99,271	$684M	0.4%	$11.68	-47.8%	COM	174903104
YELP	Yelp	33,787	$679M	0.4%	$32.18	-29.2%	COM	985817105
DOW	Dow Inc	14,149	$666M	0.4%	$35.65	-6.1%	COM	260557103
FCCO	First Community Corp	48,515	$661M	0.4%	$8.74	+34.6%	COM	319835104
MVBF	MVB Financial Corp	41,366	$661M	0.4%	$12.96	-4.9%	COM	553810102
KO	The Coca-Cola Company	13,009	$642M	0.4%	$30.78	+32.5%	COM	191216100
—	EnLink Midstream	269,436	$633M	0.4%	$16297.33	—	COM	29336t100
—	Lannett Company	102,127	$624M	0.4%	$14516.65	—	COM	516012101
—	Western Midstream Partners	75,450	$604M	0.3%	$27730.00	—	COM	95825r103
—	Talos Energy	93,382	$602M	0.3%	$17604.76	—	COM	87484t108
—	HMN Financial	45,345	$601M	0.3%	$7740.79	—	COM	40424g108
—	Pacific Premier Bancorp	29,256	$589M	0.3%	$21680.00	—	COM	69478x105
—	Southern National Bancorp of Virginia	66,331	$576M	0.3%	$17599.91	—	COM	843395104
—	Kinder Morgan	46,034	$568M	0.3%	$15055.72	—	COM	49456b101
—	Cisco Systems	13,942	$549M	0.3%	$29650.07	—	COM	17275r102
PEBK	Peoples Bancorp of NC	34,889	$538M	0.3%	$15.96	+5.3%	COM	710577107
PKBK	Parke Bancorp	44,171	$527M	0.3%	$10.28	-0.3%	COM	700885106
—	Mesa Air Group	173,040	$510M	0.3%	$3196.14	—	COM	590479135
—	Codorus Bancorp Inc.	36,954	$484M	0.3%	$20271.30	—	COM	192025104
HWBK	Hawthorn Bancshares	25,550	$484M	0.3%	$15.34	+9.5%	COM	420476103
—	Walgreens Boots Alliance	13,384	$481M	0.3%	$58200.23	—	COM	931427108
UNP	Union Pacific Corporation	2,413	$475M	0.3%	$164.87	0.0%	COM	907818108
GRPN	Groupon	23,241	$474M	0.3%	$22.49	+3.7%	COM	399473206
WLKP	Westlake Chemical Partners	25,035	$469M	0.3%	$23098.74	—	COM	960417103
—	Alliance Resource Partners	163,167	$452M	0.3%	$18872.00	—	COM	01877r108
—	Contura Energy Inc.	60,152	$440M	0.3%	$30658.83	—	COM	21241b100
—	Homestreet	16,576	$427M	0.2%	$27967.53	—	COM	43785u102
OCFC	OceanFirst Financial	29,740	$407M	0.2%	$16.33	-24.1%	COM	675234108
AMZN	Amazon.com	125	$394M	0.2%	$157.65	0.0%	COM	023135106
—	Uniti Group	34,755	$366M	0.2%	$14692.06	—	COM	91325v108
—	Plains GP Holdings	59,690	$364M	0.2%	$31706.85	—	COM	72651a207
PNC	PNC Financial Services	3,284	$361M	0.2%	$88.70	0.0%	COM	693475105
SNA	Snap-On Inc	2,395	$352M	0.2%	$126.29	0.0%	COM	833034101
TROW	T. Rowe Price	2,723	$349M	0.2%	$104.97	0.0%	COM	74144T108
ALL	Allstate Corporation	3,705	$349M	0.2%	$81.77	0.0%	COM	020002101
NTRS	Northern Trust Corp	4,450	$347M	0.2%	$67.99	0.0%	COM	665859104
CMI	Cummins	1,629	$344M	0.2%	$174.85	0.0%	COM	231021106
RS	Reliance Steel & Aluminum	3,324	$339M	0.2%	$101.80	0.0%	COM	759509102
INGR	Ingredion	4,470	$338M	0.2%	$81.21	0.0%	COM	457187102
ZION	Zions Bancorp	11,461	$335M	0.2%	$26.92	+19.7%	COM	989701107
—	SPDR S&P 600 Small Cap Value ETF	6,682	$335M	0.2%	$56688.35	—	COM	78464a300
PYYX	Pyxus Intternational	62,165	$326M	0.2%	$4.53	0.0%	COM	74737V205
—	Truist Financial Corp	7,279	$277M	0.2%	$56320.00	—	COM	89832q109
MOFG	MidWest One Financial Group	15,159	$271M	0.2%	$25.54	-26.2%	COM	598511103
CFG	Citizens Financial Group	10,639	$269M	0.2%	$16.25	+23.9%	COM	174610105
THFF	The First Financial Corp	8,118	$255M	0.1%	$33.94	-16.6%	COM	320218100
—	Pacwest Bancorp	14,813	$253M	0.1%	$28462.31	—	COM	695263103
—	Central Valley Community Bancorp	19,671	$243M	0.1%	$11522.93	—	COM	155685100
—	First US Bancshares	36,349	$241M	0.1%	$11533.87	—	COM	33744v103
—	Sterling Bancorp	22,631	$238M	0.1%	$24599.98	—	COM	85917a100
—	Aceto Corp	240,274	$235M	0.1%	$970.00	—	CONV BOND	004446AD2
—	EZCorp Inc	270,000	$234M	0.1%	$1118.90	—	CONV BOND	302301AF3
—	Tesla	520	$223M	0.1%	$429009.62	—	COM	88160r101
TIP	iShares Barclays TIPS Bond	1,701	$215M	0.1%	$112694.06	—	COM	464287176
—	BOK Financial	4,087	$211M	0.1%	$64135.27	—	COM	05561q201
—	PowerShares QQQ Trust	728	$202M	0.1%	$219780.60	—	COM	73935a104
PFE	Pfizer	5,485	$201M	0.1%	$18.98	+42.8%	COM	717081103
AAL	American Airlines Group	16,164	$199M	0.1%	$31.97	-60.8%	COM	02376R102
—	BancFirst Corporation	4,805	$196M	0.1%	$35383.04	—	COM	05945f103
—	Paycom Software	600	$187M	0.1%	$309730.00	—	COM	70432v102
FITB	Fifth Third Bancorp	8,535	$182M	0.1%	$11.71	+39.5%	COM	316773100
ABT	Abbott Laboratories	1,642	$179M	0.1%	$92.34	0.0%	COM	002824100
—	Mastercard	510	$172M	0.1%	$338170.60	—	COM	57636q104
—	Facebook, Inc.	550	$144M	0.1%	$261900.00	—	COM	30303m102
—	Deutsche Bank	16,400	$138M	0.1%	$9520.00	—	COM	d18190898
—	Customers Bancorp	12,280	$138M	0.1%	$10930.02	—	COM	23204g100
—	Global Eagle Entertainment	1,825,000	$128M	0.1%	$788.36	—	CONV BOND	37951DAB8
—	Chesapeake Energy Corp	3,080,000	$123M	0.1%	$861.10	—	CONV BOND	165167CY1
—	Sounds Financial Banc	4,155	$123M	0.1%	$29630.08	—	COM	83607a100
—	1st Constitution Bancorp	9,992	$119M	0.1%	$11477.18	—	COM	31986n102
HWC	Hancock Whitney Corporation	6,316	$119M	0.1%	$38.02	-48.5%	COM	410120109
—	Exxon Mobil	3,245	$111M	0.1%	$84433.16	—	COM	30231g102
—	A T & T	3,817	$109M	0.1%	$34962.22	—	COM	00206r102
—	McDermott International	37,566	$90.16M	0.1%	$2399.99	—	COM	220014096
—	General Electric Company	13,916	$86.7M	0.1%	$22474.55	—	COM	369604103
—	Iridium Communications	3,374	$86.31M	0.0%	$9877.08	—	COM	46269c102
—	Superior Industries	66,239	$82.8M	0.0%	$13147.26	—	COM	868168105
FNB	F.N.B. Corporation	9,856	$66.82M	0.0%	$8.20	-27.2%	COM	302520101
UPS	United Parcel Service	362	$60.32M	0.0%	$81.89	+43.3%	COM	911312106
—	Contura Energy	63,607	$59.16M	0.0%	$25152.86	—	WARRANT	21241b118
—	Fannie Mae	6,000	$53.28M	0.0%	$8438.33	—	PREF STK	313586752
—	Aceto Corporation	658,630	$52.69M	0.0%	$80.00	—	COM	004446100
—	Navios Maritime Partners	8,728	$52.54M	0.0%	$1685.59	—	COM	y62267102
AZN	Astrazeneca	900	$49.32M	0.0%	$42782.22	—	COM	046353108
NGL	NGL Energy Partners	12,090	$47.88M	0.0%	$33032.01	—	COM	62913M107
—	GNC Holdings	3,140,000	$47.1M	0.0%	$660.63	—	CONV BOND	36191GAB3
—	Altria Group	1,186	$45.83M	0.0%	$38639.96	—	COM	02209s103
—	Bed Bath & Beyond	3,000	$44.94M	0.0%	$13520.00	—	COM	075896100
—	Bank of America	29	$43.15M	0.0%	$1109103.50	—	CONV PREF	060505682
—	Teekay Inc	19,035	$42.45M	0.0%	$29830.54	—	COM	y8564w103
—	Blackstone Group	750	$39.15M	0.0%	$47144.01	—	COM	09253u108
—	Financial Sector SPDR	1,600	$38.51M	0.0%	$20820.00	—	COM	81369y105
—	Navios Maritime Holdings	18,529	$32.61M	0.0%	$2871.89	—	COM	y62196103
PAA	Plains All American Pipeline	5,155	$30.83M	0.0%	$49687.02	—	COM	726503105
—	Apollo Global Management	635	$28.42M	0.0%	$35261.12	—	COM	037612306
—	American Airlines	30,000	$27.95M	0.0%	$939.60	—	CONV BOND	02376RAF9
—	Arcos Dorados Holdings	6,200	$25.42M	0.0%	$4100.00	—	COM	g0457f107
—	WPX Energy	4,929	$24.15M	0.0%	$9977.48	—	COM	98212b103
—	SuRo Capital	2,200	$23.85M	0.0%	$10840.00	—	COM	86887q109
BBT	Berkshire Hills Bancorp	2,077	$21M	0.0%	$18.52	-54.6%	COM	084680107
—	Paypal Holdings	100	$19.7M	0.0%	$103590.00	—	COM	70450y103
—	DR Horton	250	$18.91M	0.0%	$41380.00	—	COM	23331a109
TSBK	Timberland Bancorp	1,000	$18M	0.0%	$7.96	+78.8%	COM	887098101
F	Ford Motor	2,517	$16.76M	0.0%	$6.95	-26.1%	COM	345370860
AGM	Federal Agricultural Mortgage	250	$15.91M	0.0%	$23.58	+129.3%	COM	313148306
—	Hawaiian Holdings	1,231	$15.87M	0.0%	$6275.29	—	COM	419879101
EZPW	EZCORP	3,065	$15.42M	0.0%	$5.93	-6.3%	COM	302301106
—	General Motors	467	$13.82M	0.0%	$35371.73	—	COM	37045v100
—	SandRidge Energy	8,295	$13.69M	0.0%	$13905.41	—	COM	80007p869
—	Teekay Tankers Ltd	1,261	$13.67M	0.0%	$10839.81	—	COM	y8565n102
—	Talos Energy	69,972	$11.2M	0.0%	$2898.39	—	WARRANT	87484t116
—	Meritage Homes Corporation	100	$11.04M	0.0%	$51340.00	—	COM	59001a102
—	Trex	150	$10.74M	0.0%	$71600.00	—	COM	89531p105
—	Umpqua Holdings Corporation	1,000	$10.62M	0.0%	$10620.00	—	COM	904214103
—	Uber Technologies	280	$10.21M	0.0%	$27921.43	—	COM	90353t100
—	Seagate Technology	200	$9.854M	0.0%	$53790.00	—	COM	G7945M107
TOL	Toll Brothers	200	$9.732M	0.0%	$36.06	+12.2%	COM	889478103
—	CareDx Inc	250	$9.485M	0.0%	$37940.00	—	COM	14167l103
—	JP Morgan Chase Alerian ETN	795	$8.57M	0.0%	$10306.07	—	COM	46625h365
—	EOG Resources	200	$7.188M	0.0%	$50660.00	—	COM	26875p101
—	Barrick Gold Corp	166	$4.666M	0.0%	$28108.43	—	COM	067901108
—	AmeriServ Financial	1,500	$4.216M	0.0%	$2922.09	—	COM	03074a102
—	Unit Corp	98,465	$3.988M	0.0%	$260.00	—	COM	909218109
—	SunPower Corporation	236	$2.952M	0.0%	$7661.02	—	COM	867652406
—	Macy's	400	$2.28M	0.0%	$25190.00	—	COM	55616p104
—	Altus Midstream Company	100	$1.111M	0.0%	$11110.00	—	COM	02215l209