Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial Average	33,248	$11.47B	5.3%	$181379.88	—	COM	78467x109
—	UnitedHealth Group	11,912	$4.77B	2.2%	$116291.23	—	COM	91324p102
—	Cowen	2,970	$4.676B	2.1%	$797743.90	—	CONV PREF	223622507
—	Goldman Sachs	11,874	$4.507B	2.1%	$183214.31	—	COM	38141g104
—	QCR Holdings	90,360	$4.345B	2.0%	$16036.23	—	COM	74727a104
AMGN	Amgen	16,638	$4.056B	1.9%	$208.05	+2.1%	COM	031162100
HD	Home Depot	12,252	$3.907B	1.8%	$86.22	+229.2%	COM	437076102
MSFT	Microsoft Corporation	13,318	$3.608B	1.7%	$46.25	+429.1%	COM	594918104
OKE	ONEOK	60,301	$3.355B	1.5%	$21.99	+87.8%	COM	682680103
AAPL	Apple	23,940	$3.279B	1.5%	$39.31	+221.7%	COM	037833100
WMB	Williams Companies	115,298	$3.061B	1.4%	$19.34	+5.6%	COM	969457100
BA	Boeing	12,764	$3.058B	1.4%	$143.68	+68.3%	COM	097023105
—	SB Financial Group	157,006	$2.905B	1.3%	$9287.45	—	COM	78408d105
MCD	McDonald's	12,556	$2.9B	1.3%	$91.89	+127.8%	COM	580135101
—	Antero Midstream Corp	276,890	$2.877B	1.3%	$2585.26	—	COM	03676b102
—	Synaptics	1,335,000	$2.844B	1.3%	$935.18	—	CONV BOND	87157DAD1
—	Visa	11,641	$2.722B	1.3%	$179391.86	—	COM	92826c839
—	salesforce.com	10,829	$2.645B	1.2%	$251320.03	—	COM	79466l302
CAT	Caterpillar	11,992	$2.61B	1.2%	$81.10	+161.2%	COM	149123101
HON	Honeywell International	11,780	$2.584B	1.2%	$133.22	+44.2%	COM	438516106
JNJ	Johnson & Johnson	14,828	$2.443B	1.1%	$81.69	+77.4%	COM	478160104
AMR	Alpha Metallurgical Resources	94,974	$2.434B	1.1%	$7290.28	-99.8%	COM	020764106
—	Targa Resources Corp	53,628	$2.384B	1.1%	$42786.91	—	COM	87612g101
—	MPLX	79,057	$2.341B	1.1%	$35383.71	—	COM	55336v100
—	3M	11,717	$2.327B	1.1%	$143951.56	—	COM	88579y101
CLF	Cleveland-Cliffs	107,200	$2.311B	1.1%	$9.00	+119.0%	COM	185899101
—	Altus Midstream	32,239	$2.176B	1.0%	$47887.96	—	COM	02215l209
DIS	Disney	12,350	$2.171B	1.0%	$75.77	+131.9%	COM	254687106
—	AMG	36,006	$2.16B	1.0%	$51072.08	—	CONV PREF	00170F209
—	JPMorgan Chase	13,822	$2.15B	1.0%	$66179.39	—	COM	46625h100
—	Summit Financial Group	92,409	$2.034B	0.9%	$11259.59	—	COM	86606g101
—	Greenbriar	1,870,000	$2.003B	0.9%	$957.15	—	CONV BOND	393657AK7
—	Magellan Midstream Partners	40,196	$1.966B	0.9%	$54764.68	—	COM	559080106
—	Horizon Global	2,005,000	$1.954B	0.9%	$820.10	—	CONV BOND	44052WAA2
EPD	Enterprise Products Partners	79,153	$1.91B	0.9%	$31283.37	—	COM	293792107
AXP	American Express Company	11,533	$1.906B	0.9%	$70.57	+109.6%	COM	025816109
TBCH	Turtle Beach	59,588	$1.902B	0.9%	$15.44	+96.3%	COM	900450206
IBM	International Business Machines Corp.	12,651	$1.855B	0.9%	$112.11	+1.2%	COM	459200101
—	Talos Energy	118,371	$1.851B	0.9%	$16295.89	—	COM	87484t108
UIS	Unisys Corp	72,869	$1.844B	0.8%	$15.17	+66.5%	COM	909214306
—	Bunge	15,546	$1.807B	0.8%	$101930.37	—	CONV PREF	g16962204
NKE	Nike	11,692	$1.806B	0.8%	$43.20	+190.9%	COM	654106103
GEL	Genesis Energy	155,276	$1.803B	0.8%	$20132.82	—	COM	371927104
—	Atlas Air Worldwide Holdings	1,665,000	$1.801B	0.8%	$846.37	—	CONV BOND	049164BH8
—	Teekay LNG Partners	117,818	$1.778B	0.8%	$29138.87	—	COM	y8564m105
PG	Procter & Gamble	13,130	$1.772B	0.8%	$61.73	+95.6%	COM	742718109
—	Travelers	11,824	$1.77B	0.8%	$97521.81	—	COM	89417e109
WMT	Wal-Mart Stores	12,221	$1.723B	0.8%	$22.80	+92.1%	COM	931142103
MOFG	MidWest One Financial	59,885	$1.723B	0.8%	$23.50	+30.8%	COM	598511103
HESM	Hess Midstream Partners	67,878	$1.714B	0.8%	$12.65	+31.4%	COM	428103105
—	First Bancshares	45,351	$1.697B	0.8%	$14411.45	—	COM	318916103
—	Wintrust Financial	22,380	$1.693B	0.8%	$76440.43	—	COM	97650w108
CVX	Chevron Corporation	15,526	$1.626B	0.7%	$74.20	+17.4%	COM	166764100
—	MDC Holdings	30,718	$1.554B	0.7%	$31602.11	—	COM	552676108
NMIH	NMI Holdings	69,134	$1.554B	0.7%	$9.12	+161.7%	COM	629209305
—	Brighthouse Financial	34,075	$1.552B	0.7%	$27971.09	—	COM	10922n103
—	Arcbest Corp	26,423	$1.538B	0.7%	$38017.00	—	COM	03937c105
—	EnLink Midstream	231,474	$1.479B	0.7%	$14084.21	—	COM	29336t100
BAC	Bank of America	35,748	$1.474B	0.7%	$11.47	+218.7%	COM	060505104
—	Kimball Electronics	67,470	$1.467B	0.7%	$12331.22	—	COM	49428j109
UBOH	United Bancshares	40,399	$1.446B	0.7%	$15408.06	—	COM	909458101
—	EZCorp Inc	1,596,000	$1.393B	0.6%	$901.92	—	CONV BOND	302301AE6
C	Citigroup	19,204	$1.359B	0.6%	$46.20	+35.7%	COM	172967424
CZWI	Citizens Community Bancorp	99,086	$1.355B	0.6%	$11.68	+5.0%	COM	174903104
UNTC	Unit Corp	79,375	$1.337B	0.6%	$3027.77	—	COM	909218406
—	Energy Transfer	121,224	$1.289B	0.6%	$14494.97	—	COM	29273v100
YELP	Yelp	31,155	$1.245B	0.6%	$32.18	+23.3%	COM	985817105
CIVB	Civista Bancshares	55,710	$1.231B	0.6%	$8.76	+126.4%	COM	178867107
—	Premier Financial Bancorp	70,259	$1.184B	0.5%	$14963.26	—	COM	74050m105
—	Delek Logistics Partners	28,175	$1.182B	0.5%	$29161.53	—	COM	24664t103
—	Western Midstream Partners	54,553	$1.169B	0.5%	$27501.09	—	COM	95825r103
LZB	La-Z-Boy	30,786	$1.14B	0.5%	$28.72	+46.4%	COM	505336107
—	Equitrans Midstream	133,037	$1.132B	0.5%	$9601.58	—	COM	294600101
—	Superior Industries	129,475	$1.116B	0.5%	$8948.99	—	COM	868168105
—	Peoples Financial Corp	69,303	$1.1B	0.5%	$11784.47	—	COM	71103b102
—	LGI Homes	6,783	$1.098B	0.5%	$69750.70	—	COM	50187t106
—	Argan	22,850	$1.092B	0.5%	$42818.51	—	COM	04010e109
—	Merck	13,619	$1.059B	0.5%	$54342.88	—	COM	58933y105
—	Frank's International	349,056	$1.058B	0.5%	$2774.55	—	COM	N33462107
—	Phillips 66 Partners	26,753	$1.056B	0.5%	$55072.38	—	COM	718549207
ONB	Old National Bancorp	59,507	$1.048B	0.5%	$13.44	+40.8%	COM	680033107
—	First United Corp	59,185	$1.032B	0.5%	$15293.78	—	COM	33741h107
—	Primis Financial	66,152	$1.009B	0.5%	$14540.00	—	COM	74167b109
—	Essa Bancorp	60,476	$991M	0.5%	$14870.46	—	COM	29667d104
FCCO	First Community Corp	48,515	$980M	0.5%	$8.74	+95.6%	COM	319835104
—	HMN Financial	45,345	$966M	0.4%	$7740.79	—	COM	40424g108
—	Teekay Corp	1,000,000	$963M	0.4%	$783.13	—	CONV BOND	87900YAE3
—	Kinder Morgan	52,642	$960M	0.4%	$15309.56	—	COM	49456b101
GRPN	Groupon	21,582	$931M	0.4%	$22.49	+109.2%	COM	399473206
—	Eagle Bancorp Montana	39,313	$904M	0.4%	$18500.01	—	COM	26942g100
PEBK	Peoples Bancorp of NC	34,889	$900M	0.4%	$15.96	+52.4%	COM	710577107
—	Alliance Resource Partners	120,748	$871M	0.4%	$18872.00	—	COM	01877r108
DOW	Dow	13,738	$869M	0.4%	$35.65	+43.2%	COM	260557103
PKBK	Parke Bancorp	44,171	$864M	0.4%	$10.28	+67.2%	COM	700885106
—	Mesa Air Group	88,027	$821M	0.4%	$3505.46	—	COM	590479135
—	Shell Midstream Partners	54,835	$810M	0.4%	$32461.49	—	COM	822634101
—	Cisco Systems	14,995	$795M	0.4%	$30884.28	—	COM	17275r102
INTC	Intel Corporation	14,130	$793M	0.4%	$25.06	+113.8%	COM	458140100
—	Verizon Communications Inc.	14,090	$789M	0.4%	$49581.14	—	COM	92343v104
—	Codorus Bancorp	36,954	$741M	0.3%	$20271.30	—	COM	192025104
PNC	PNC Financial Services	3,814	$728M	0.3%	$92.33	+71.9%	COM	693475105
—	Walgreens Boots Alliance	13,039	$686M	0.3%	$58200.23	—	COM	931427108
KO	Coca-Cola Company	12,598	$682M	0.3%	$30.78	+53.6%	COM	191216100
—	Vaalco Energy	208,780	$679M	0.3%	$1770.00	—	COM	91851c201
—	Homestreet	16,535	$674M	0.3%	$27967.53	—	COM	43785u102
—	BP Midstream Partners	46,355	$671M	0.3%	$19802.71	—	COM	0556EL109
—	Bed Bath & Beyond	20,100	$669M	0.3%	$27943.13	—	COM	075896100
TROW	T. Rowe Price	3,167	$627M	0.3%	$151.44	0.0%	COM	74144T108
SNA	Snap-On	2,782	$622M	0.3%	$130.24	+63.0%	COM	833034101
OCFC	OceanFirst Financial Corp	29,670	$618M	0.3%	$16.33	+11.3%	COM	675234108
—	Pacwest Bancorp	14,813	$610M	0.3%	$28462.31	—	COM	695263103
HWBK	Hawthorn Bancshares	26,572	$609M	0.3%	$15.55	+33.1%	COM	420476103
UNP	Union Pacific Corporation	2,759	$607M	0.3%	$167.00	+20.0%	COM	907818108
ZION	Zions Bancorp	11,461	$606M	0.3%	$26.92	+108.0%	COM	989701107
NTRS	Northern Trust Corp	5,232	$605M	0.3%	$69.50	+42.9%	COM	665859104
RS	Reliance Steel & Aluminum	3,897	$588M	0.3%	$104.67	+55.2%	COM	759509102
ALL	Allstate Corporation	4,390	$573M	0.3%	$82.93	+39.0%	COM	020002101
CFG	Citizens Financial Group	10,515	$482M	0.2%	$16.25	+138.7%	COM	174610105
INGR	Ingredion	5,328	$482M	0.2%	$80.70	+15.7%	COM	457187102
—	Customers Bancorp	12,280	$479M	0.2%	$10930.02	—	COM	23204g100
CMI	Cummins Inc	1,914	$467M	0.2%	$179.58	+27.1%	COM	231021106
—	SPDR S&P 600 Small Cap Value	5,402	$463M	0.2%	$57182.56	—	COM	78464a300
—	Lannett Company	93,348	$436M	0.2%	$14516.65	—	COM	516012101
—	First US Bancshares	36,200	$397M	0.2%	$11533.87	—	COM	33744v103
—	Truist Financial	7,143	$396M	0.2%	$56320.00	—	COM	89832q109
—	Central Valley Community Bancorp	19,671	$396M	0.2%	$11522.93	—	COM	155685100
FNMA	Federal National Mortgage Association	253,513	$395M	0.2%	$2.16	0.0%	COM	313586109
—	Sounds Financial	8,310	$382M	0.2%	$30690.07	—	COM	83607a100
—	Uniti Group	34,755	$368M	0.2%	$14692.06	—	COM	91325v108
—	BOK Financial	4,027	$349M	0.2%	$64135.27	—	COM	05561q201
WLKP	Westlake Chemical Partners	12,900	$347M	0.2%	$23212.65	—	COM	960417103
AAL	American Airlines Group	16,164	$343M	0.2%	$31.97	-29.2%	COM	02376R102
THFF	The First Financial Corp	8,056	$329M	0.2%	$33.94	+11.2%	COM	320218100
FITB	Fifth Third Bancorp	8,535	$326M	0.2%	$11.71	+185.8%	COM	316773100
—	EZCorp Inc	330,000	$321M	0.1%	$1080.32	—	CONV BOND	302301AF3
HWC	Hancock Whitney Corporation	6,281	$279M	0.1%	$38.02	+22.4%	COM	410120109
—	Freddie Mac	148,105	$262M	0.1%	$4127.37	—	PREF STK	313400640
—	Navios Maritime Partners	8,388	$248M	0.1%	$1685.59	—	COM	y62267102
PFE	Pfizer	5,888	$231M	0.1%	$20.11	+54.1%	COM	717081103
TIP	iShares Barclays TIPS Bond	1,686	$216M	0.1%	$112694.06	—	COM	464287176
—	1st Constitution Bancorp	10,391	$215M	0.1%	$11650.34	—	COM	31986n102
—	Deutsche Bank	16,400	$215M	0.1%	$9520.00	—	COM	d18190898
—	Contura Energy	63,607	$214M	0.1%	$25152.86	—	WARRANT	21241b118
PYYX	Pyxus Intternational	57,295	$209M	0.1%	$4.53	-18.0%	COM	74737V205
—	BancFirst Corporation	3,305	$206M	0.1%	$35383.04	—	COM	05945f103
—	Exxon Mobil Corporation	3,153	$199M	0.1%	$81436.63	—	COM	30231g102
IYF	iShares DJ US Financial Sector	2,452	$199M	0.1%	$66769.98	—	COM	464287788
—	Oracle Corporation	2,453	$191M	0.1%	$66383.55	—	COM	68389x105
—	General Electric Company	13,916	$187M	0.1%	$22474.55	—	COM	369604103
—	Etsy	900	$185M	0.1%	$205840.00	—	COM	29786a106
—	Pershing Square	29,368	$185M	0.1%	$6299.99	—	WARRANT	71531r117
—	Navios Maritime Holdings	18,529	$169M	0.1%	$2871.89	—	COM	y62196103
—	McDermott International	316,010	$155M	0.1%	$697.05	—	COM	220014096
—	Banc of California	8,512	$149M	0.1%	$13886.13	—	COM	05990k106
FNB	F.N.B. Corporation	9,856	$122M	0.1%	$8.20	+33.9%	COM	302520101
—	Arcos Dorados Holdings	18,823	$112M	0.1%	$5056.91	—	COM	g0457f107
—	PowerShares QQQ Trust	246	$87.19M	0.0%	$219780.60	—	COM	73935a104
F	Ford	5,617	$83.47M	0.0%	$6.62	+52.4%	COM	345370860
—	Altria	1,686	$80.39M	0.0%	$47679.71	—	COM	02209s103
—	American Airlines	50,000	$78.46M	0.0%	$1066.38	—	CONV BOND	02376RAF9
—	Arrival Corp	4,934	$77.32M	0.0%	$15935.28	—	COM	12559c103
—	Devon Energy Corporation	2,543	$74.24M	0.0%	$21852.93	—	COM	25179m103
—	Chesapeake Energy	2,883,000	$68.47M	0.0%	$23.75	—	CONV BOND	165ESCAC8
NEM	Newmont Mining	1,080	$68.45M	0.0%	$52.03	+11.3%	COM	651639106
—	Iridium Communications	1,578	$63.1M	0.0%	$9877.08	—	COM	46269c102
—	Financial Sector SPDR	1,600	$58.7M	0.0%	$36690.00	—	COM	81369y105
PAA	Plains All American Pipeline, L.P.	5,030	$57.14M	0.0%	$49687.02	—	COM	726503105
BBT	Berkshire Hills Bancorp	2,077	$56.93M	0.0%	$18.52	+19.6%	COM	084680107
AZN	Astrazeneca	900	$53.91M	0.0%	$42782.22	—	COM	046353108
EXE	Chesapeake Energy Corporation	1,002	$52.02M	0.0%	$35.05	+13.6%	COM	165167735
—	Teekay Inc	11,705	$43.54M	0.0%	$29830.54	—	COM	y8564w103
EXEEL	Chesapeake Energy Corporation	2,043	$42.64M	0.0%	$16996.64	—	WARRANT	165167180
—	Bank of America	29	$41.06M	0.0%	$1109103.50	—	CONV PREF	060505682
—	Pershing Square Tontine Holdings	1,761	$40.08M	0.0%	$22759.79	—	COM	71531r109
—	Viatris	2,795	$39.94M	0.0%	$14289.09	—	COM	92556v106
—	SandRidge Energy	5,980	$37.55M	0.0%	$13905.41	—	COM	80007p869
—	Enable Midstream Partners	4,000	$36.44M	0.0%	$5260.00	—	COM	292480100
—	Palantir Technologies	1,200	$31.63M	0.0%	$23550.00	—	COM	69608a109
—	SuRo Capital	2,246	$30.3M	0.0%	$10894.28	—	COM	86887q109
—	Hawaiian Holdings	1,231	$30M	0.0%	$6275.29	—	COM	419879101
NGL	NGL Energy Partners	12,090	$28.77M	0.0%	$33032.01	—	COM	62913M107
TSBK	Timberland Bancorp	1,000	$28.12M	0.0%	$7.96	+203.3%	COM	887098101
AGM	Federal Agricultural Mortgage	250	$24.73M	0.0%	$23.58	+270.9%	COM	313148306
—	General Motors	400	$23.67M	0.0%	$35371.73	—	COM	37045v100
—	JP Morgan Alerian ETN	1,199	$23.56M	0.0%	$19649.71	—	COM	46625h365
—	Plains GP Holdings	1,850	$22.09M	0.0%	$31706.85	—	COM	72651a207
—	Umpqua Holdings Corporation	1,000	$18.45M	0.0%	$10620.00	—	COM	904214103
—	Teekay Tankers	1,261	$18.18M	0.0%	$14420.30	—	COM	y8565n102
—	EOG Resources	200	$16.69M	0.0%	$50660.00	—	COM	26875p101
—	DR Horton	150	$13.56M	0.0%	$41380.00	—	COM	23331a109
—	Fannie Mae	6,000	$12.78M	0.0%	$8438.33	—	PREF STK	313586752
TOL	Toll Brothers	200	$11.56M	0.0%	$36.06	+69.0%	COM	889478103
—	Barrick Gold Corp	519	$10.73M	0.0%	$24484.51	—	COM	067901108
—	Meritage Homes Corporation	100	$9.408M	0.0%	$51340.00	—	COM	59001a102
—	Macy's	400	$7.584M	0.0%	$25190.00	—	COM	55616p104
EZPW	EZCORP	1,000	$6.03M	0.0%	$5.93	+6.5%	COM	302301106
—	Southwestern Energy	1,000	$5.67M	0.0%	$2980.00	—	COM	845467109
—	Inovio Pharmaceuticals	500	$4.635M	0.0%	$9270.00	—	COM	45773h201
MCDBF	McDermott	72,441	$724K	0.0%	$9.99	—	WARRANT	G5924V122
MCDTF	McDermott	65,197	$652K	0.0%	$10.00	—	WARRANT	G5924V114
UNTCW	Unit Corp	9,635	$96,000	0.0%	$9.96	—	WARRANT	909218125