Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
—	SPDR Dow Jones Industrial Average	25,565	$11.27M	4.1%	$184224.30	—	COM	78467x109
—	The Goldman Sachs Group	9,152	$6.477M	2.3%	$180970.84	—	COM	38141g104
MSFT	Microsoft Corporation	10,962	$5.452M	2.0%	$83.50	+417.8%	COM	594918104
—	Antero Midstream Corp	281,471	$5.334M	1.9%	$3264.18	—	COM	03676b102
WMB	Williams Companies	80,154	$5.034M	1.8%	$19.48	+196.0%	COM	969457100
OKE	ONEOK	57,778	$4.716M	1.7%	$24.92	+223.7%	COM	682680103
FMCC	Freddie Mac	571,192	$4.707M	1.7%	$1.86	+240.7%	COM	313400301
—	MPLX	81,346	$4.19M	1.5%	$31938.91	—	COM	55336v100
GEL	Genesis Energy	239,195	$4.121M	1.5%	$12358.96	—	COM	371927104
AAPL	Apple	19,845	$4.072M	1.5%	$105.73	+90.5%	COM	037833100
—	Kinetik Holdings	91,257	$4.02M	1.5%	$40130.04	—	COM	02215l209
—	Targa Resources Corp	22,781	$3.966M	1.4%	$42942.00	—	COM	87612g101
AMGN	Amgen	13,331	$3.722M	1.3%	$206.89	+34.3%	COM	031162100
CAT	Caterpillar	9,288	$3.606M	1.3%	$112.11	+195.1%	COM	149123101
HD	The Home Depot	9,742	$3.572M	1.3%	$128.85	+176.2%	COM	437076102
—	Alliance Resource Partners	128,955	$3.371M	1.2%	$16554.26	—	COM	01877r108
—	JPMorgan	11,626	$3.37M	1.2%	$70669.05	—	COM	46625h100
—	Energy Transfer	184,346	$3.342M	1.2%	$8618.72	—	COM	29273v100
HESM	Hess Midstream Partners	86,017	$3.313M	1.2%	$15.32	+131.9%	COM	428103105
—	Visa Inc	8,922	$3.168M	1.1%	$168787.69	—	COM	92826c839
—	Plains GP Holdings	160,120	$3.111M	1.1%	$355.89	—	COM	72651a207
—	Homestreet Inc	231,109	$3.021M	1.1%	$1838.57	—	COM	43785u102
IBM	International Business Machines	10,199	$3.006M	1.1%	$121.70	+108.6%	COM	459200101
SHW	Sherwin-Williams	8,749	$3.004M	1.1%	$367.07	-6.1%	COM	824348106
—	SB Financial Group	156,909	$2.997M	1.1%	$9433.44	—	COM	78408d105
—	UnitedHealth Group	9,279	$2.895M	1.0%	$143914.42	—	COM	91324p102
MCD	McDonald's Corp	9,818	$2.869M	1.0%	$121.92	+149.0%	COM	580135101
AXP	American Express Company	8,893	$2.837M	1.0%	$102.15	+173.5%	COM	025816109
EPD	Enterprise Products Partners	89,523	$2.776M	1.0%	$25312.07	—	COM	293792107
—	MGP Ingredients	2,905,000	$2.731M	1.0%	$0.94	—	CONV BOND	55303JAB2
NMIH	NMI Holdings	64,322	$2.714M	1.0%	$11.19	+235.7%	COM	629209305
—	SSR Mining Inc	2,530,000	$2.616M	0.9%	$0.96	—	CONV BOND	784730AB9
—	Western Midstream Partners	67,201	$2.601M	0.9%	$24753.72	—	COM	95825r103
—	Argan Inc	11,781	$2.597M	0.9%	$37937.36	—	COM	04010e109
—	Burke & Herbert Financial Services	43,349	$2.589M	0.9%	$50.98	—	COM	12135y108
—	Jetblue Airways	2,710,000	$2.588M	0.9%	$710.00	—	CONV BOND	477143AP6
—	Brighthouse Financial	46,915	$2.523M	0.9%	$26913.01	—	COM	10922n103
—	Navios Maritime Partners	66,472	$2.505M	0.9%	$26422.54	—	COM	y62267102
C	Citigroup	28,932	$2.463M	0.9%	$45.53	+56.4%	COM	172967424
—	The Travelers Companies	9,079	$2.429M	0.9%	$97264.94	—	COM	89417e109
—	Nvidia Corp	15,299	$2.417M	0.9%	$134.17	—	COM	67066g104
—	salesforce.com	8,615	$2.349M	0.8%	$220994.62	—	COM	79466l302
AMZN	Amazon.com	10,640	$2.334M	0.8%	$168.23	+17.6%	COM	023135106
UNTC	Unit Corp	89,040	$2.325M	0.8%	$7499.26	-99.6%	COM	909218406
—	Palantir Technologies	16,598	$2.263M	0.8%	$695.41	—	COM	69608a109
HON	Honeywell International	9,558	$2.226M	0.8%	$141.31	+41.3%	COM	438516106
—	Sunoco LP	41,450	$2.221M	0.8%	$58.06	—	COM	86764p109
MOFG	MidWest One Financial Group	76,828	$2.21M	0.8%	$24.63	+14.6%	COM	598511103
—	Freddie Mac	179,580	$2.086M	0.8%	$3742.59	—	PREF STK	313400640
BA	The Boeing Company	9,659	$2.024M	0.7%	$151.69	+24.5%	COM	097023105
—	Flagstar Financial	50,492	$1.942M	0.7%	$39740.07	—	CONV PREF	64944p307
—	WisdomTree Investments	1,705,000	$1.913M	0.7%	$905.62	—	CONV BOND	97717PAD6
CVX	Chevron Corporation	13,173	$1.886M	0.7%	$142.96	-4.2%	COM	166764100
—	Shake Shack Inc	1,760,000	$1.872M	0.7%	$660.27	—	CONV BOND	819047AB7
—	FARO Technolgies	1,507,000	$1.857M	0.7%	$0.94	—	CONV BOND	311642AB8
—	First United Corp	58,976	$1.829M	0.7%	$14549.74	—	COM	33741h107
BAC	Bank of America	38,448	$1.819M	0.7%	$13.07	+217.1%	COM	060505104
—	The Cheesecake Factory	1,745,000	$1.806M	0.7%	$0.99	—	CONV BOND	163072AA9
—	Cracker Barrel Old Country Store	28,094	$1.716M	0.6%	$38.82	—	COM	22410j106
JNJ	Johnson & Johnson	11,160	$1.705M	0.6%	$91.38	+65.1%	COM	478160104
PG	Procter & Gamble	10,649	$1.697M	0.6%	$78.61	+104.5%	COM	742718109
JXN	Jackson Financial	18,235	$1.619M	0.6%	$67.41	+17.3%	COM	46817M107
—	AMG Capital	29,870	$1.614M	0.6%	$48551.97	—	CONV PREF	00170F209
—	PubMatic	128,825	$1.603M	0.6%	$9.53	—	COM	74467q103
—	Spectrum Brands Holdings	1,755,000	$1.593M	0.6%	$0.91	—	CONV BOND	84762laz8
—	Hertz Global Holdings	230,971	$1.578M	0.6%	$6.51	—	COM	42806j700
—	Renasant Corp	42,976	$1.544M	0.6%	$35.93	—	COM	75970e107
—	Zscaler	750,000	$1.532M	0.6%	$1.52	—	CONV BOND	98980GAB8
—	Kinder Morgan	50,379	$1.481M	0.5%	$14882.82	—	COM	49456b101
—	Eventbrite Inc	1,500,000	$1.478M	0.5%	$0.97	—	CONV BOND	29975EAB5
—	iShares MSCI Emerging Markets ETF	22,875	$1.444M	0.5%	$63.14	—	COM	46434g764
—	Delek Logistics Partners	33,350	$1.432M	0.5%	$21065.57	—	COM	24664t103
NTGR	NETGEAR	48,031	$1.396M	0.5%	$25.97	+3.4%	COM	64111Q104
HWBK	Hawthorn Bancshares	47,764	$1.392M	0.5%	$18.13	+59.1%	COM	420476103
CIVB	Civista Bancshares	59,030	$1.369M	0.5%	$9.47	+123.7%	COM	178867107
—	3M Co	8,989	$1.368M	0.5%	$132262.02	—	COM	88579y101
—	Academy Sports & Outdoors	29,414	$1.318M	0.5%	$29936.18	—	COM	00402l107
—	Banc of California	54,484	$1.313M	0.5%	$23.22	—	PREF STK	05990k841
—	Kimball Electronics	67,546	$1.299M	0.5%	$10448.30	—	COM	49428j109
CZWI	Citizens Community Bancorp	91,347	$1.261M	0.5%	$11.66	+21.1%	COM	174903104
LZB	La-Z-Boy	33,176	$1.233M	0.4%	$30.47	+31.3%	COM	505336107
—	Bank of America	1,016	$1.232M	0.4%	$26937.67	—	CONV PREF	060505682
—	Innoviva	1,227,000	$1.227M	0.4%	$0.88	—	CONV BOND	45781MAD3
YELP	Yelp	35,425	$1.214M	0.4%	$33.14	+9.0%	COM	985817105
ONB	Old National Bancorp	56,751	$1.211M	0.4%	$13.77	+50.2%	COM	680033107
WMT	Wal-Mart Stores	12,173	$1.19M	0.4%	$32.62	+190.5%	COM	931142103
—	Green Plains	1,400,000	$1.18M	0.4%	$0.83	—	CONV BOND	393222AK0
—	LCI Industries	1,215,000	$1.176M	0.4%	$0.84	—	CONV BOND	501812AB7
—	Mesa Air Group	1,235,258	$1.149M	0.4%	$671.64	—	COM	590479135
FCCO	First Community Corp	46,702	$1.139M	0.4%	$8.74	+158.3%	COM	319835104
—	Essa Bancorp Inc	58,656	$1.138M	0.4%	$14870.46	—	COM	29667d104
PEBO	Peoples Bancorp	36,977	$1.129M	0.4%	$30.17	-3.2%	COM	709789101
DIS	Walt Disney Co	8,954	$1.11M	0.4%	$83.01	+23.8%	COM	254687106
—	Arcbest Corp	14,141	$1.089M	0.4%	$32146.82	—	COM	03937c105
FNMA	Federal National Mortgage Association	113,388	$1.082M	0.4%	$1.42	+453.9%	COM	313586109
—	Talos Energy	125,895	$1.068M	0.4%	$13323.29	—	COM	87484t108
—	Alerus Financial	48,999	$1.06M	0.4%	$19.24	—	COM	01446u103
JBLU	Jetblue Airways	242,466	$1.026M	0.4%	$4.75	-5.8%	COM	477143101
—	Customers Bancorp	17,405	$1.022M	0.4%	$30005.02	—	COM	23204g100
PKBK	Parke Bancorp	49,941	$1.017M	0.4%	$11.21	+66.7%	COM	700885106
PEBK	Peoples Bancorp	34,889	$1.007M	0.4%	$15.96	+73.8%	COM	710577107
ORRF	Orrstow Financial Services	31,230	$994K	0.4%	$31.53	-8.7%	COM	687380105
—	Peoples Financial Corp	48,476	$970K	0.3%	$11784.47	—	COM	71103b102
FLG	Flagstar Financial	88,245	$935K	0.3%	$10.87	+4.9%	COM	649445400
OCFC	OceanFirst Financial	51,240	$902K	0.3%	$16.65	-3.6%	COM	675234108
TBCH	Turtle Beach Corp	65,155	$901K	0.3%	$15.54	-23.2%	COM	900450206
WLKP	Westlake Chemical Partners	39,167	$865K	0.3%	$19814.34	—	COM	960417103
CC	Chemours Company	74,995	$859K	0.3%	$17.98	-38.4%	COM	163851108
CLF	Cleveland-Cliffs	109,728	$834K	0.3%	$9.84	-24.5%	COM	185899101
—	Merck	10,534	$834K	0.3%	$53232.53	—	COM	58933y105
—	Banc of California	58,912	$828K	0.3%	$1257.54	—	COM	05990k106
—	Cisco Systems	11,548	$801K	0.3%	$31665.60	—	COM	17275r102
—	Hope Bancorp	70,780	$759K	0.3%	$12464.78	—	COM	43940t109
—	Primis Financial Corp	68,216	$740K	0.3%	$13727.73	—	COM	74167b109
—	Vaalco Energy	204,967	$740K	0.3%	$1770.00	—	COM	91851c201
—	Deutsche Bank	24,900	$729K	0.3%	$9253.74	—	COM	d18190898
PAMT	PAM Transporation Services	56,275	$724K	0.3%	$22.95	-41.5%	COM	693149106
—	First US Bancshares	55,806	$720K	0.3%	$10213.40	—	COM	33744v103
—	Eventbrite	270,958	$713K	0.3%	$4.50	—	COM	29975e109
UIS	Unisys Corp	156,489	$709K	0.3%	$10.15	-55.7%	COM	909214306
KO	The Coca-Cola Company	9,790	$693K	0.2%	$35.41	+97.1%	COM	191216100
ZION	Zions Bancorp	13,244	$688K	0.2%	$30.00	+56.4%	COM	989701107
—	Kearny Financial Corp	101,080	$653K	0.2%	$6.26	—	COM	48716p108
—	SPDR S&P 600 Small Cap Value ETF	8,072	$644K	0.2%	$40542.63	—	COM	78464a300
—	ProShares S&P 500 Dividend Aristocrat ETF	6,360	$640K	0.2%	$21268.12	—	COM	74348a467
NKE	Nike	8,894	$632K	0.2%	$74.49	-20.7%	COM	654106103
—	Expro Group Holdings	73,170	$629K	0.2%	$13814.89	—	COM	n3144w105
UBOH	United Bancshares	22,302	$619K	0.2%	$15408.06	-99.8%	COM	909458101
—	Cloudflare Inc	500,000	$592K	0.2%	$777.00	—	CONV BOND	18915MAC1
—	Oracle Corporation	2,667	$583K	0.2%	$65568.74	—	COM	68389x105
—	Truist Financial Corp	13,520	$581K	0.2%	$28656.92	—	COM	89832q109
—	SPDR S&P 500 Trust	904	$559K	0.2%	$617.87	—	COM	78462f103
—	LGI Homes Inc	10,763	$555K	0.2%	$41323.80	—	COM	50187t106
CFG	Citizens Financial Group	11,657	$522K	0.2%	$19.06	+102.2%	COM	174610105
—	Verizon Communications	11,326	$490K	0.2%	$45428.03	—	COM	92343v104
—	Blackline Corp	500,000	$479K	0.2%	$845.00	—	CONV BOND	09239BAD1
FITB	Fifth Third Bancorp	11,625	$478K	0.2%	$16.42	+122.6%	COM	316773100
—	Okta Inc	500,000	$477K	0.2%	$975.00	—	CONV BOND	679295AF2
—	Exxon Mobil Corporation	4,319	$466K	0.2%	$42721.38	—	COM	30231g102
—	Bunge Ltd	5,780	$464K	0.2%	$2979.62	—	COM	g16962105
—	Bill.com Holdings	500,000	$455K	0.2%	$795.32	—	CONV BOND	090043AD2
THFF	The First Financial Corp	8,190	$444K	0.2%	$34.15	+41.8%	COM	320218100
—	Eagle Bancorp Montana	25,814	$430K	0.2%	$17354.93	—	COM	26942g100
CWBC	Community West Bancshares	21,906	$427K	0.2%	$16.78	+3.7%	COM	203937107
—	Hertz Global Holdings	110,775	$404K	0.1%	$4.66	—	WARRANT	42806j148
—	Coupa Software Inc	500,000	$400K	0.1%	$839.00	—	CONV BOND	22266LAF3
CVBF	CVB Financial	19,803	$392K	0.1%	$18.69	-3.4%	COM	126600105
—	General Electric Company	1,501	$386K	0.1%	$200.21	—	COM	369604103
—	Vital Energy	23,817	$383K	0.1%	$42.52	—	COM	516806205
NFE	New Fortress Energy	111,669	$371K	0.1%	$23.24	-81.3%	COM	644393100
FNWB	First Northwest BanCorp	47,000	$362K	0.1%	$9.22	0.0%	COM	335834107
HWC	Hancock Whitney Corporation	6,232	$358K	0.1%	$38.02	+40.0%	COM	410120109
—	Sounds Financial Banc	7,709	$355K	0.1%	$30690.07	—	COM	83607a100
—	XPLR Infrastructure	37,886	$311K	0.1%	$29.72	—	COM	65341b106
—	Mastercard Inc	400	$225K	0.1%	$561.94	—	COM	57636q104
TIP	iShares Barclays TIPS Bond	2,009	$221K	0.1%	$96717.80	—	COM	464287176
—	Invesco NASDAQ 100 ETF	612	$220K	0.1%	$403.94	—	COM	46090e103
WFC	Wells Fargo	2,572	$206K	0.1%	$40.88	+74.0%	COM	949746101
PFS	Providient Financial Services	11,563	$203K	0.1%	$13.26	+19.9%	COM	74386T105
AAL	American Airlines Group	16,546	$186K	0.1%	$31.60	-66.1%	COM	02376R102
—	GE Vernova	329	$174K	0.1%	$328.93	—	COM	36828a101
—	QCR Holdings	2,222	$151K	0.1%	$15406.61	—	COM	74727a104
HGTXU	Hugoton Royalty Trust	376,694	$151K	0.1%	$0.51	—	COM	444717102
CTRA	Coterra Energy Inc	4,786	$121K	0.0%	$24.80	0.0%	COM	127097103
INTC	Intel Corporation	5,277	$118K	0.0%	$29.44	-29.6%	COM	458140100
TSM	Taiwan Semiconductor Manufacturing	519	$118K	0.0%	$80.53	—	COM	874039100
FNB	F.N.B. Corporation	7,068	$103K	0.0%	$8.20	+61.6%	COM	302520101
PAA	Plains All American Pipeline	5,560	$102K	0.0%	$40321.39	—	COM	726503105
FINV	FinVolution Group	10,617	$101K	0.0%	$6.18	—	COM	31810T101
—	Devon Energy Corporation	3,021	$96,098	0.0%	$33564.32	—	COM	25179m103
—	Kratos Defense & Security Solutions	2,000	$92,900	0.0%	$24.04	—	COM	50077b207
—	Fannie Mae	6,000	$90,000	0.0%	$8438.33	—	PREF STK	313586752
—	Hallador Energy	5,538	$87,667	0.0%	$8.89	—	COM	40609p105
—	A T & T	2,972	$86,010	0.0%	$28.94	—	COM	00206r102
AMR	Alpha Metallurgical Resources	734	$82,572	0.0%	$230.82	-49.4%	COM	020764106
SFM	Sprouts Farmers Market	500	$82,320	0.0%	$24.54	+565.9%	COM	85208M102
—	Teekay Inc	9,827	$81,073	0.0%	$7.09	—	COM	y8564w103
—	Booking Holdings	13	$75,260	0.0%	$5789.23	—	COM	09857l108
RSG	Republic Services	305	$75,216	0.0%	$245.13	0.0%	COM	760759100
SCHG	Schwab Large Cap Growth	2,542	$74,252	0.0%	$29.21	—	COM	808524300
—	Macy's	6,199	$72,280	0.0%	$14.23	—	COM	55616p104
MOMO	Hello Group	8,376	$70,693	0.0%	$7.61	—	COM	423403104
—	Stealthgas	10,774	$69,061	0.0%	$6.26	—	COM	y81669106
UNTCW	Unit Corp	142,869	$68,006	0.0%	$908.36	—	WARRANT	909218125
GSL	Global Ship Lease	2,559	$67,327	0.0%	$24.57	-4.8%	COM	Y27183600
—	Teekay Tankers	1,484	$61,912	0.0%	$48.16	—	COM	y8565n102
AZN	Astrazeneca	800	$55,904	0.0%	$71.57	—	COM	046353108
—	Jackson Financial	2,200	$55,704	0.0%	$25.75	—	PREF STK	46817M206
—	Danaos Corp	645	$55,625	0.0%	$74.68	—	COM	y1968p121
DOW	Dow Inc	2,084	$55,184	0.0%	$27.80	0.0%	COM	260557103
—	Uber Technologies	580	$54,114	0.0%	$75.16	—	COM	90353t100
—	McDermott International Ltd	4,796	$52,757	0.0%	$328.18	—	COM	220014096
—	Health Care Select Sector SPDR	379	$51,085	0.0%	$134.79	—	COM	81369y209
—	SandRidge Energy	4,640	$50,205	0.0%	$12868.74	—	COM	80007p869
—	American Airlines	50,000	$50,025	0.0%	$1066.38	—	CONV BOND	02376RAF9
—	General Motors	995	$48,964	0.0%	$48.33	—	COM	37045v100
AGRO	Adecoagro SA	5,198	$47,510	0.0%	$10.11	-4.3%	COM	L00849106
EXE	Expand Energy Corporation	392	$45,805	0.0%	$89.24	+22.3%	COM	165167735
UPS	United Parcel Service	445	$44,918	0.0%	$94.10	0.0%	COM	911312106
CGAU	Centerra Gold	6,124	$44,154	0.0%	$6.02	+13.0%	COM	152006102
—	Shenandoah Telecommunications	3,020	$41,253	0.0%	$14.11	—	COM	83212B106
SPHR	Sphere Entertainment Company	972	$40,630	0.0%	$43.04	-21.3%	COM	55826T102
—	Genco Shipping & Trading	3,100	$40,517	0.0%	$4051.70	—	COM	y2685t131
UPWK	Upwork Inc	2,874	$38,627	0.0%	$14.36	0.0%	COM	91688F104
GEHC	GE Healthcare Technologies	521	$38,590	0.0%	$84.84	-18.0%	COM	36266G107
MSI	Motorola Solutions	91	$38,262	0.0%	$415.08	0.0%	COM	620076307
—	Energy Select Sector SPDR	432	$36,638	0.0%	$84.81	—	COM	81369y506
—	Pinterest Inc	998	$35,788	0.0%	$39.37	—	COM	72352l106
CALF	Pacer US Small Cap Cash Cows	898	$35,754	0.0%	$48.24	—	COM	69374H857
EXEEL	Expand Energy	287	$31,076	0.0%	$86.50	—	WARRANT	165167180
—	Tenaris SA	830	$31,042	0.0%	$37.40	—	COM	88031m109
—	Scorpio Tankers	694	$27,156	0.0%	$37.58	—	COM	y7542c130
—	Ardmore Shiipping Corp	2,752	$26,419	0.0%	$9.79	—	COM	y0207t100
NOG	Northern Oil and Gas	929	$26,337	0.0%	$34.27	-21.5%	COM	665531307
—	Direxion Daily Emerging Markets 3X Bull	657	$25,715	0.0%	$39.14	—	COM	25459y686
—	BOK Financial	260	$25,384	0.0%	$97.63	—	COM	05561q201
—	Uniti Group	5,800	$25,056	0.0%	$14692.06	—	COM	91325v108
—	Ranger Energy Services	2,062	$24,620	0.0%	$14.19	—	COM	75282u104
—	AerCap Holdings NV	204	$23,868	0.0%	$93.20	—	COM	n00985106
—	Berry Corp	8,455	$23,420	0.0%	$3.21	—	COM	08579x101
NEM	Newmont Mining	400	$23,304	0.0%	$43.26	+22.3%	COM	651639106
—	Medpace Holdings	74	$23,226	0.0%	$313.86	—	COM	58506q109
—	International Seaways	546	$19,918	0.0%	$59.13	—	COM	y41053102
DKS	Dicks Sporting Goods	94	$18,594	0.0%	$182.31	0.0%	COM	253393102
CVGI	Commercial Vehicle Group	10,297	$17,093	0.0%	$1.22	0.0%	COM	202608105
COLB	Columbia Banking System	592	$13,841	0.0%	$19.53	+14.4%	COM	197236102
—	Costamare Inc	1,081	$9,848	0.0%	$16.43	—	COM	y1771g102
UCB	United Community Banks	220	$6,554	0.0%	$27.78	0.0%	COM	90984P303
—	Pacwest Bancorp	250	$6,025	0.0%	$24.10	—	PREF STK	695263202