Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial Average	33,899	$10.37B	5.5%	$181379.88	—	COM	78467x109
—	UnitedHealth Group	11,966	$4.196B	2.2%	$116291.23	—	COM	91324p102
—	QCR Holdings	91,869	$3.637B	1.9%	$16036.23	—	COM	74727a104
—	Cowen Inc	3,065	$3.341B	1.8%	$797743.90	—	CONV PREF	223622507
HD	Home Depot	12,416	$3.298B	1.7%	$86.22	+181.2%	COM	437076102
AAPL	Apple	24,034	$3.189B	1.7%	$39.31	+197.7%	COM	037833100
—	Goldman Sachs	12,003	$3.165B	1.7%	$183214.31	—	COM	38141g104
MSFT	Microsoft	13,428	$2.987B	1.6%	$46.25	+345.5%	COM	594918104
—	SB Financial Group	157,038	$2.871B	1.5%	$9287.45	—	COM	78408d105
BA	Boeing	12,761	$2.732B	1.4%	$143.68	+33.8%	COM	097023105
MCD	McDonald's	12,588	$2.701B	1.4%	$91.89	+110.3%	COM	580135101
AMGN	Amgen	11,579	$2.662B	1.4%	$209.54	-6.3%	COM	031162100
—	Visa	11,658	$2.55B	1.3%	$179391.86	—	COM	92826c839
HON	Honeywell	11,828	$2.516B	1.3%	$133.22	+22.9%	COM	438516106
—	salesforce.com	11,133	$2.477B	1.3%	$251320.03	—	COM	79466l302
JNJ	Johnson & Johnson	14,493	$2.281B	1.2%	$80.71	+58.0%	COM	478160104
DIS	Walt Disney	12,431	$2.252B	1.2%	$75.77	+85.1%	COM	254687106
OKE	ONEOK	57,909	$2.223B	1.2%	$21.25	+17.2%	COM	682680103
WMB	Williams Companies	110,445	$2.214B	1.2%	$19.44	-19.6%	COM	969457100
CAT	Caterpillar	12,073	$2.198B	1.2%	$81.10	+89.9%	COM	149123101
—	3M	11,853	$2.072B	1.1%	$143951.56	—	COM	88579y101
—	Summit Financial Group	92,408	$2.04B	1.1%	$11259.59	—	COM	86606g101
—	Antero Midstream	262,990	$2.028B	1.1%	$2100.00	—	COM	03676b102
—	Greenbriar	1,950,000	$1.965B	1.0%	$957.15	—	CONV BOND	393657AK7
—	Encore Capital Group	1,935,000	$1.947B	1.0%	$918.80	—	CONV BOND	292554AH5
—	Synaptics	1,400,000	$1.935B	1.0%	$935.18	—	CONV BOND	87157DAD1
—	Horizon Global	2,080,000	$1.872B	1.0%	$820.10	—	CONV BOND	44052WAA2
PG	Procter & Gamble	13,267	$1.846B	1.0%	$61.73	+99.5%	COM	742718109
—	Tutor Perini Corp	1,839,000	$1.83B	1.0%	$947.56	—	CONV BOND	901109AD0
—	Atlas Air Worldwide	1,740,000	$1.809B	1.0%	$846.37	—	CONV BOND	049164BH8
—	JPMorgan Chase	13,958	$1.774B	0.9%	$66179.39	—	COM	46625h100
—	Bunge	16,156	$1.761B	0.9%	$101930.37	—	CONV PREF	g16962204
WMT	Wal-Mart Stores	12,140	$1.75B	0.9%	$22.59	+100.3%	COM	931142103
TBCH	Turtle Beach	80,864	$1.743B	0.9%	$15.44	+28.9%	COM	900450206
—	MPLX	79,976	$1.731B	0.9%	$35518.47	—	COM	55336v100
—	Magellan Midstream Partners	39,939	$1.695B	0.9%	$55080.50	—	COM	559080106
—	Travelers Companies	11,960	$1.679B	0.9%	$97521.81	—	COM	89417e109
CLF	Cleveland-Cliffs	112,890	$1.644B	0.9%	$9.00	+12.5%	COM	185899101
NKE	Nike	11,573	$1.637B	0.9%	$41.91	+194.0%	COM	654106103
NMIH	NMI Holdings	71,367	$1.616B	0.9%	$9.12	+149.9%	COM	629209305
IBM	International Business Machines	12,787	$1.61B	0.8%	$112.11	-16.7%	COM	459200101
—	iShares 0-5 Yr High Yield Corporate Bond	35,175	$1.598B	0.8%	$44679.79	—	COM	46434v407
EPD	Enterprise Products Partners	78,846	$1.545B	0.8%	$31485.45	—	COM	293792107
—	Macquarie Infrastructure	1,515,000	$1.505B	0.8%	$1002.62	—	CONV BOND	55608BAB1
MOFG	MidWest One Financial	60,904	$1.492B	0.8%	$23.50	-2.9%	COM	598511103
UIS	Unisys Corp	75,382	$1.484B	0.8%	$15.17	-5.2%	COM	909214306
—	MDC Holdings	29,750	$1.446B	0.8%	$29702.51	—	COM	552676108
—	Wintrust Financial	23,491	$1.435B	0.8%	$76440.43	—	COM	97650w108
AXP	American Express Company	11,614	$1.404B	0.7%	$70.57	+47.2%	COM	025816109
—	Altus Midstream Company	29,514	$1.401B	0.7%	$47336.82	—	COM	02215l209
—	First Bancshares	45,351	$1.4B	0.7%	$14411.45	—	COM	318916103
—	AMG Capital	27,500	$1.341B	0.7%	$48780.00	—	CONV PREF	00170F209
CVX	Chevron Corporation	15,468	$1.306B	0.7%	$74.20	-12.4%	COM	166764100
—	Sunpower	1,000,000	$1.293B	0.7%	$713.13	—	CONV BOND	867652AL3
—	Brighthouse Financial	34,335	$1.243B	0.7%	$27674.77	—	COM	10922n103
—	Targa Resources	46,618	$1.23B	0.6%	$44846.65	—	COM	87612g101
—	EZCorp	1,521,000	$1.227B	0.6%	$903.36	—	CONV BOND	302301AE6
C	Citigroup	19,467	$1.2B	0.6%	$46.20	-8.3%	COM	172967424
—	Teekay LNG Partners	104,279	$1.195B	0.6%	$31480.21	—	COM	y8564m105
LZB	La-Z-Boy	29,854	$1.189B	0.6%	$28.30	+30.9%	COM	505336107
—	Kimball Electronics	71,935	$1.15B	0.6%	$12331.22	—	COM	49428j109
—	Arcbest	26,468	$1.129B	0.6%	$38017.00	—	COM	03937c105
—	FBL Financial Group	21,362	$1.122B	0.6%	$48200.01	—	COM	30239f106
—	Mesa Air Group	166,566	$1.114B	0.6%	$3196.14	—	COM	590479135
—	Freddie Mac	148,105	$1.111B	0.6%	$4127.37	—	PREF STK	313400640
—	Merck	13,447	$1.1B	0.6%	$53993.71	—	COM	58933y105
BAC	Bank of America	35,748	$1.084B	0.6%	$11.47	+106.3%	COM	060505104
CZWI	Citizens Community Bancorp	99,086	$1.079B	0.6%	$11.68	-33.4%	COM	174903104
YELP	Yelp	32,445	$1.06B	0.6%	$32.18	-18.4%	COM	985817105
—	Argan Inc	23,490	$1.045B	0.6%	$42818.51	—	COM	04010e109
UBOH	United Bancshares	40,398	$1.028B	0.5%	$15408.06	—	COM	909458101
ONB	Old National Bancorp	61,693	$1.022B	0.5%	$13.44	+14.0%	COM	680033107
HESM	Hess Midstream Partners	50,993	$998M	0.5%	$11.94	0.0%	COM	428103105
—	Sunpower Corp	985,000	$984M	0.5%	$802.11	—	CONV BOND	867652AJ8
—	Delek Logistics Partners	30,745	$984M	0.5%	$29161.53	—	COM	24664t103
CIVB	Civista Bancshares	55,855	$979M	0.5%	$8.76	+53.1%	COM	178867107
GEL	Genesis Energy	154,981	$962M	0.5%	$20132.82	—	COM	371927104
MVBF	MVB Financial	41,366	$938M	0.5%	$12.96	+28.2%	COM	553810102
—	Peoples Financial	69,303	$936M	0.5%	$11784.47	—	COM	71103b102
—	Premier Financial Bancorp	70,259	$934M	0.5%	$14963.26	—	COM	74050m105
—	Frank's International	336,186	$921M	0.5%	$2740.00	—	COM	N33462107
—	Equitrans Midstream	114,459	$920M	0.5%	$9905.63	—	COM	294600101
—	First United Corp	59,185	$917M	0.5%	$15293.78	—	COM	33741h107
—	Pacific Premier Bancorp	29,256	$917M	0.5%	$21680.00	—	COM	69478x105
—	Essa Bancorp	60,476	$907M	0.5%	$14870.46	—	COM	29667d104
—	Teekay Corp	1,000,000	$862M	0.5%	$783.13	—	CONV BOND	87900YAE3
GRPN	Groupon	22,585	$858M	0.5%	$22.49	+22.1%	COM	399473206
—	Verizon	14,128	$830M	0.4%	$49581.14	—	COM	92343v104
—	Eagle Bancorp Montana	39,113	$830M	0.4%	$18500.01	—	COM	26942g100
FCCO	First Community Corp	48,515	$824M	0.4%	$8.74	+58.5%	COM	319835104
PEBK	Peoples Bancorp of NC	34,889	$803M	0.4%	$15.96	+34.7%	COM	710577107
—	Southern National Bancorp of Virginia	66,152	$801M	0.4%	$17599.91	—	COM	843395104
—	HMN Financial	45,345	$780M	0.4%	$7740.79	—	COM	40424g108
DOW	Dow Inc	13,874	$770M	0.4%	$35.65	+9.5%	COM	260557103
—	Western Midstream Partners	55,395	$766M	0.4%	$27730.00	—	COM	95825r103
—	Talos Energy	92,491	$762M	0.4%	$17604.76	—	COM	87484t108
—	Energy Transfer	123,181	$761M	0.4%	$14700.62	—	COM	29273v100
—	Phillips 66 Partners	28,024	$740M	0.4%	$55368.84	—	COM	718549207
—	LGI Homes	6,991	$740M	0.4%	$69750.70	—	COM	50187t106
—	EnLink Midstream	197,135	$731M	0.4%	$16297.33	—	COM	29336t100
INTC	Intel Corporation	14,211	$708M	0.4%	$25.06	+75.6%	COM	458140100
AMR	Alpha Metallurgical Resources	61,714	$702M	0.4%	$11370.00	—	COM	020764106
KO	Coca-Cola	12,734	$698M	0.4%	$30.78	+43.8%	COM	191216100
PKBK	Parke Bancorp	44,171	$689M	0.4%	$10.28	+14.7%	COM	700885106
—	Cisco Systems	15,183	$679M	0.4%	$30884.28	—	COM	17275r102
—	Lannett Company	97,433	$635M	0.3%	$14516.65	—	COM	516012101
—	Codorus Bancorp	36,954	$627M	0.3%	$20271.30	—	COM	192025104
—	Kinder Morgan	44,647	$610M	0.3%	$15055.72	—	COM	49456b101
UNP	Union Pacific Corporation	2,760	$575M	0.3%	$166.53	+6.9%	COM	907818108
PNC	PNC Financial Services	3,848	$573M	0.3%	$91.31	+16.6%	COM	693475105
HWBK	Hawthorn Bancshares	25,550	$560M	0.3%	$15.34	+24.3%	COM	420476103
—	Homestreet	16,576	$559M	0.3%	$27967.53	—	COM	43785u102
OCFC	OceanFirst Financial	29,740	$554M	0.3%	$16.33	-20.1%	COM	675234108
—	Alliance Resource Partners	120,748	$541M	0.3%	$18872.00	—	COM	01877r108
—	Shell Midstream Partners	53,470	$539M	0.3%	$33428.83	—	COM	822634101
—	Walgreens Boots	13,175	$525M	0.3%	$58200.23	—	COM	931427108
ZION	Zions Bancorp	11,461	$498M	0.3%	$26.92	+37.4%	COM	989701107
—	BP Midstream Partners	46,195	$490M	0.3%	$19802.71	—	COM	0556EL109
NTRS	Northern Trust	5,256	$490M	0.3%	$69.11	+9.0%	COM	665859104
ALL	Allstate Corporation	4,412	$485M	0.3%	$82.55	+5.0%	COM	020002101
SNA	Snap-On Inc	2,803	$480M	0.3%	$129.22	+13.3%	COM	833034101
RS	Reliance Steel	3,914	$469M	0.2%	$103.87	+11.3%	COM	759509102
CMI	Cummins Inc	1,921	$436M	0.2%	$178.41	+11.1%	COM	231021106
INGR	Ingredion	5,325	$419M	0.2%	$80.56	-4.3%	COM	457187102
—	Uniti Group	34,755	$408M	0.2%	$14692.06	—	COM	91325v108
—	Sterling Bancorp	22,631	$407M	0.2%	$24599.98	—	COM	85917a100
AMZN	Amazon.com	120	$391M	0.2%	$157.65	+1.2%	COM	023135106
CFG	Citizens Financial Group	10,540	$377M	0.2%	$16.25	+55.5%	COM	174610105
—	Pacwest Bancorp	14,813	$376M	0.2%	$28462.31	—	COM	695263103
—	Vaalco Energy	208,780	$370M	0.2%	$1770.00	—	COM	91851c201
—	SPDR S&P 600 Small Cap Value	5,371	$356M	0.2%	$56688.35	—	COM	78464a300
—	Truist Financial Corp	7,218	$346M	0.2%	$56320.00	—	COM	89832q109
—	First US Bancshares	36,200	$326M	0.2%	$11533.87	—	COM	33744v103
THFF	The First Financial Corp	8,056	$313M	0.2%	$33.94	-9.9%	COM	320218100
WLKP	Westlake Chemical Partners	12,900	$308M	0.2%	$23098.74	—	COM	960417103
—	Central Valley Community Bancorp	19,671	$293M	0.2%	$11522.93	—	COM	155685100
—	EZCorp	325,000	$293M	0.2%	$1081.96	—	CONV BOND	302301AF3
—	BancFirst Corporation	4,805	$282M	0.1%	$35383.04	—	COM	05945f103
—	BOK Financial	4,087	$280M	0.1%	$64135.27	—	COM	05561q201
PYYX	Pyxus Intternational	58,642	$276M	0.1%	$4.53	-0.1%	COM	74737V205
—	Sounds Financial	8,310	$264M	0.1%	$30690.07	—	COM	83607a100
AAL	American Airlines Group	16,164	$255M	0.1%	$31.97	-56.7%	COM	02376R102
EEM	iShares MSCI Emerging Markets Index	4,615	$238M	0.1%	$51669.99	—	COM	464287234
FITB	Fifth Third Bancorp	8,535	$235M	0.1%	$11.71	+77.3%	COM	316773100
—	Superior Industries	57,200	$234M	0.1%	$13147.26	—	COM	868168105
—	Customers Bancorp	12,280	$223M	0.1%	$10930.02	—	COM	23204g100
TIP	iShares Barclays TIPS Bond	1,696	$217M	0.1%	$112694.06	—	COM	464287176
HWC	Hancock Whitney Corporation	6,281	$214M	0.1%	$38.02	-29.1%	COM	410120109
PFE	Pfizer	5,334	$196M	0.1%	$18.98	+50.8%	COM	717081103
—	Deutsche Bank	16,400	$179M	0.1%	$9520.00	—	COM	d18190898
—	Chesapeake Energy	2,950,000	$171M	0.1%	$861.10	—	CONV BOND	165167CY1
—	1st Constitution Bancorp	10,402	$165M	0.1%	$11650.34	—	COM	31986n102
IYF	iShares DJ US Financial Sector	2,452	$164M	0.1%	$66769.98	—	COM	464287788
—	General Electric	13,916	$150M	0.1%	$22474.55	—	COM	369604103
—	Mastercard	400	$143M	0.1%	$338170.60	—	COM	57636q104
—	Google	80	$140M	0.1%	$1751875.00	—	COM	38259p706
—	PowerShares QQQ Trust	402	$126M	0.1%	$219780.60	—	COM	73935a104
—	Banc of California	8,512	$125M	0.1%	$13886.13	—	COM	05990k106
—	A T & T	4,267	$123M	0.1%	$34308.13	—	COM	00206r102
—	Iridium Communications	2,975	$117M	0.1%	$9877.08	—	COM	46269c102
—	Exxon Mobil	2,736	$113M	0.1%	$84433.16	—	COM	30231g102
—	Oracle Corporation	1,695	$110M	0.1%	$64690.27	—	COM	68389x105
—	McDermott International	131,642	$107M	0.1%	$1263.73	—	COM	220014096
UPS	United Parcel Service	572	$96.33M	0.1%	$102.09	+34.1%	COM	911312106
—	Navios Maritime Partners	8,361	$93.65M	0.0%	$1685.59	—	COM	y62267102
FNB	F.N.B. Corporation	9,856	$93.63M	0.0%	$8.20	-14.5%	COM	302520101
—	Altria Group	2,036	$83.48M	0.0%	$39625.25	—	COM	02209s103
—	Contura Energy	63,607	$69.33M	0.0%	$25152.86	—	WARRANT	21241b118
—	American Airlines	50,000	$62.83M	0.0%	$1066.38	—	CONV BOND	02376RAF9
—	Fannie Mae	6,000	$51.48M	0.0%	$8438.33	—	PREF STK	313586752
LVS	Las Vegas Sands	852	$50.78M	0.0%	$50.91	0.0%	COM	517834107
F	Ford Motor	5,617	$49.37M	0.0%	$6.62	-4.0%	COM	345370860
—	Financial Sector SPDR	1,600	$47.17M	0.0%	$20820.00	—	COM	81369y105
TNDM	Tandem Diabetes	482	$46.12M	0.0%	$103.06	0.0%	COM	875372203
NEM	Newmont Mining	757	$45.34M	0.0%	$52.35	0.0%	COM	651639106
BFAM	Bright Horizon Family Solutions	262	$45.32M	0.0%	$163.69	0.0%	COM	109194100
AZN	Astrazeneca	900	$44.99M	0.0%	$42782.22	—	COM	046353108
—	Bank of America	29	$44.04M	0.0%	$1109103.50	—	CONV PREF	060505682
PAA	Plains All American Pipeline	5,155	$42.48M	0.0%	$49687.02	—	COM	726503105
—	Arcos Dorados Holdings	8,436	$42.43M	0.0%	$4346.50	—	COM	g0457f107
—	Navios Maritime Holdings	18,529	$41.69M	0.0%	$2871.89	—	COM	y62196103
—	WPX Energy	4,929	$40.17M	0.0%	$9977.48	—	COM	98212b103
O	Realty Income Corp	642	$39.91M	0.0%	$45.59	0.0%	COM	756109104
BBT	Berkshire Hills Bancorp	2,077	$35.56M	0.0%	$18.52	-30.4%	COM	084680107
—	Bed Bath & Beyond	2,000	$35.52M	0.0%	$13520.00	—	COM	075896100
—	Palantir Technologies	1,500	$35.33M	0.0%	$23550.00	—	COM	69608a109
FHN	First Horizon National Corporation	2,450	$31.26M	0.0%	$9.76	0.0%	COM	320517105
—	Paypal Holdings	125	$29.27M	0.0%	$129712.00	—	COM	70450y103
NGL	NGL Energy Partners	12,090	$29.02M	0.0%	$33032.01	—	COM	62913M107
—	SuRo Capital	2,200	$28.8M	0.0%	$10840.00	—	COM	86887q109
RSG	Republic Services	265	$25.52M	0.0%	$88.75	0.0%	COM	760759100
—	Teekay Inc	11,705	$25.17M	0.0%	$29830.54	—	COM	y8564w103
TSBK	Timberland Bancorp	1,000	$24.26M	0.0%	$7.96	+130.0%	COM	887098101
—	Hawaiian Holdings	1,231	$21.79M	0.0%	$6275.29	—	COM	419879101
—	Enable Midstream Partners	4,000	$21.04M	0.0%	$5260.00	—	COM	292480100
—	Colony Capital	4,120	$19.82M	0.0%	$4809.95	—	COM	19624r106
—	General Motors	467	$19.45M	0.0%	$35371.73	—	COM	37045v100
—	SandRidge Energy	6,180	$19.16M	0.0%	$13905.41	—	COM	80007p869
AGM	Federal Agricultural Mortgage	250	$18.56M	0.0%	$23.58	+149.6%	COM	313148306
—	JP Morgan Chase Alerian	1,325	$18.4M	0.0%	$11739.57	—	COM	46625h365
—	CareDx Inc	250	$18.11M	0.0%	$37940.00	—	COM	14167l103
—	DR Horton	250	$17.23M	0.0%	$41380.00	—	COM	23331a109
—	Plains GP Holdings	1,850	$15.63M	0.0%	$31706.85	—	COM	72651a207
—	Umpqua Holdings Corporation	1,000	$15.14M	0.0%	$10620.00	—	COM	904214103
EZPW	EZCORP	3,000	$14.37M	0.0%	$5.93	-15.2%	COM	302301106
—	Uber Technologies	280	$14.28M	0.0%	$27921.43	—	COM	90353t100
—	Teekay Tankers	1,261	$13.88M	0.0%	$10839.81	—	COM	y8565n102
—	Seagate Technology	200	$12.43M	0.0%	$53790.00	—	COM	G7945M107
—	Barrick Gold	519	$11.82M	0.0%	$24484.51	—	COM	067901108
—	EOG Resources	200	$9.974M	0.0%	$50660.00	—	COM	26875p101
PSMT	Pricesmart	100	$9.109M	0.0%	$72.73	0.0%	COM	741511109
TOL	Toll Brothers	200	$8.694M	0.0%	$36.06	+28.6%	COM	889478103
—	Meritage Homes	100	$8.282M	0.0%	$51340.00	—	COM	59001a102
—	SunPower Corporation	236	$6.051M	0.0%	$7661.02	—	COM	867652406
GDRX	GoodRX Holdings	150	$6.051M	0.0%	$45.94	0.0%	COM	38246G108
—	Macy's	400	$4.5M	0.0%	$25190.00	—	COM	55616p104
—	Inovio Pharmaceuticals	500	$4.425M	0.0%	$8850.00	—	COM	45773h201
—	QEP Resources	1,500	$3.585M	0.0%	$2390.00	—	COM	74733v100
—	Southwestern Energy	1,000	$2.98M	0.0%	$2980.00	—	COM	845467109
MCDBF	McDermott	72,441	$724K	0.0%	$9.99	—	WARRANT	G5924V122
MCDTF	McDermott	65,197	$652K	0.0%	$10.00	—	WARRANT	G5924V114
—	Talos Energy	7,600	$344K	0.0%	$2898.39	—	WARRANT	87484t116
UNTC	Unit Corp	280,000	$280K	0.0%	$1.00	—	COM	909218406
UNTCW	Unit Corp	9,635	$96,000	0.0%	$9.96	—	WARRANT	909218125
—	Global Eagle Entertainment	5,000	$50,000	0.0%	$788.36	—	CONV BOND	37951DAB8