The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109 1,697 18,405 SH   SOLE 0 18,405 0 0
ACUITY BRANDS INC COM 00508Y102 1,115 9,699 SH   SOLE 0 9,699 0 0
AECOM TECH CORP. COM 00766T100 582 21,970 SH   SOLE 0 21,970 0 0
AMC NETWORKS INC CL A 00164V103 1,797 32,747 SH   SOLE 0 32,747 0 0
AMDOCS LTD. SHS G02602103 1,646 28,104 SH   SOLE 0 28,104 0 0
ANIXTER INTL COM 035290105 1,559 28,710 SH   SOLE 0 28,710 0 0
APOGEE ENTERPRISES COM 037598109 348 11,645 SH   SOLE 0 11,645 0 0
APPLE COM 037833100 1,787 11,329 SH   SOLE 0 11,329 0 0
APPLIED MATLS INC COM COM 038222105 385 11,750 SH   SOLE 0 11,750 0 0
ARES CAPITAL CORPORATION COM 04010L103 1,994 128,000 SH   SOLE 0 128,000 0 0
ARES COMMERCIAL REAL ESTATE GROUP COM 04013V108 2,090 160,274 SH   SOLE 0 160,274 0 0
ARROW ELECTRS INC COM COM 042735100 2,015 29,227 SH   SOLE 0 29,227 0 0
BAE SYSTEMS PLC ADR 05523R107 1,022 43,678 SH   SOLE 0 43,678 0 0
BANK OF AMERICA CORP COM 060505104 494 20,047 SH   SOLE 0 20,047 0 0
BELDEN CDT COM 077454106 365 8,736 SH   SOLE 0 8,736 0 0
BERKSHIRE HATHAWAY INC CL B CL B 084670702 4,034 19,759 SH   SOLE 0 19,759 0 0
BLACKSTONE MORTGAGE TRUST CL A 09257W100 2,010 63,093 SH   SOLE 0 63,093 0 0
BORG WARNER COM 099724106 874 25,154 SH   SOLE 0 25,154 0 0
BRISTOL-MYERS SQUIBB COM 110122108 1,371 26,373 SH   SOLE 0 26,373 0 0
CAMDEN NATIONAL CORP COM 133034108 218 6,054 SH   SOLE 0 6,054 0 0
CARNIVAL CORP. UNIT 143658300 1,573 31,914 SH   SOLE 0 31,914 0 0
CBS CL B 124857202 1,448 33,112 SH   SOLE 0 33,112 0 0
CELANESE CORP COM 150870103 1,621 18,012 SH   SOLE 0 18,012 0 0
CENTURY BANCORP CL A 156432106 732 10,810 SH   SOLE 0 10,810 0 0
CHUBB LIMITED COM H1467J104 2,030 15,712 SH   SOLE 0 15,712 0 0
CISCO SYS INC COM COM 17275R102 464 10,700 SH   SOLE 0 10,700 0 0
COHU INC COM COM 192576106 521 32,401 SH   SOLE 0 32,401 0 0
COMCAST CL A CL A 20030N101 2,033 59,701 SH   SOLE 0 59,701 0 0
COMMERCIAL VEHICLE GROUP INC COM 202608105 68 12,000 SH   SOLE 0 12,000 0 0
COVENANT TRANSPORTATION INC CL A 22284P105 462 24,049 SH   SOLE 0 24,049 0 0
D R HORTON INC COM COM 23331A109 1,791 51,659 SH   SOLE 0 51,659 0 0
DELUXE CORP. COM 248019101 207 5,376 SH   SOLE 0 5,376 0 0
DISNEY WALT CO COM COM 254687106 2,074 18,919 SH   SOLE 0 18,919 0 0
EQUINOR ASA ADR 29446M102 1,588 75,031 SH   SOLE 0 75,031 0 0
EVEREST RE COM G3223R108 1,962 9,012 SH   SOLE 0 9,012 0 0
FEDEX CORP COM 31428X106 1,451 8,992 SH   SOLE 0 8,992 0 0
GOLDMAN SACHS COM 38141G104 1,512 9,053 SH   SOLE 0 9,053 0 0
GRAY TELEVISION INC COM 389375106 1,989 134,937 SH   SOLE 0 134,937 0 0
GULFPORT ENERGY CORP COM 402635304 994 151,807 SH   SOLE 0 151,807 0 0
HERCULES CAPITAL INC COM 427096508 1,866 168,857 SH   SOLE 0 168,857 0 0
HOOKER FURNITURE CORP COM 439038100 1,071 40,645 SH   SOLE 0 40,645 0 0
HUNTINGTON BANCSHARES INC COM 446150104 449 37,665 SH   SOLE 0 37,665 0 0
ICHOR HOLDINGS SHS G4740B105 1,187 72,808 SH   SOLE 0 72,808 0 0
INTEL CORP COM COM 458140100 2,060 43,886 SH   SOLE 0 43,886 0 0
JP MORGAN CHASE AND CO COM 46625H100 1,890 19,360 SH   SOLE 0 19,360 0 0
KLA-TENCOR CORP COM COM 482480100 1,006 11,239 SH   SOLE 0 11,239 0 0
KNOLL INC COM 498904200 1,548 93,950 SH   SOLE 0 93,950 0 0
LABORATORY CORP. OF AMERICA COM 50540R409 1,589 12,579 SH   SOLE 0 12,579 0 0
LAM RESEARCH CORP COM 512807108 1,533 11,259 SH   SOLE 0 11,259 0 0
LENNAR CORP CL A CL A 526057104 489 12,491 SH   SOLE 0 12,491 0 0
LOCKHEED MARTIN CORP COM 539830109 1,174 4,482 SH   SOLE 0 4,482 0 0
LYONDELLBASELL INDUSTRIES SHS N53745100 1,353 16,269 SH   SOLE 0 16,269 0 0
M/I HOMES INC COM 55305B101 1,606 76,413 SH   SOLE 0 76,413 0 0
MAGNA INTL INC COM 559222401 1,556 34,238 SH   SOLE 0 34,238 0 0
MERCHANTS BANCORP COM 58844R108 204 10,214 SH   SOLE 0 10,214 0 0
MORGAN STANLEY COM 617446448 1,446 36,475 SH   SOLE 0 36,475 0 0
MURPHY OIL CORP COM 626717102 1,427 61,000 SH   SOLE 0 61,000 0 0
NOBLE ENERGY COM 655044105 328 17,473 SH   SOLE 0 17,473 0 0
NUCOR CORPORATION COM 670346105 1,613 31,126 SH   SOLE 0 31,126 0 0
ON SEMICONDUCTOR CORP COM 682189105 1,858 112,535 SH   SOLE 0 112,535 0 0
OSHKOSH CORP COM 688239201 1,487 24,258 SH   SOLE 0 24,258 0 0
PACKAGING CORP OF AMERICA COM 695156109 1,586 19,003 SH   SOLE 0 19,003 0 0
PARKER HANNIFIN COM 701094104 970 6,503 SH   SOLE 0 6,503 0 0
PRINCIPAL FINANCIAL GROUP COM 74251V102 474 10,734 SH   SOLE 0 10,734 0 0
PVH Corp COM 693656100 1,471 15,822 SH   SOLE 0 15,822 0 0
ROCHE HOLDINGS LIMITED ADR 771195104 1,752 56,355 SH   SOLE 0 56,355 0 0
ROYAL CARIBBEAN CRUISES COM V7780T103 1,879 19,218 SH   SOLE 0 19,218 0 0
ROYAL DUTCH SHELL ADS ADR 780259206 621 10,655 SH   SOLE 0 10,655 0 0
SCRIPPS EW CO CL A 811054402 2,140 136,048 SH   SOLE 0 136,048 0 0
SENSATA TECHNOLOGY SHS G8060N102 1,820 40,583 SH   SOLE 0 40,583 0 0
SINCLAIR BROADCASTING GROUP CL A 829226109 530 20,105 SH   SOLE 0 20,105 0 0
SKYWORKS SOLUTIONS COM 83088M102 328 4,896 SH   SOLE 0 4,896 0 0
STAG INDUSTRIAL COM 85254J102 1,855 74,549 SH   SOLE 0 74,549 0 0
STORE CAPITAL CORP COM 862121100 2,218 78,361 SH   SOLE 0 78,361 0 0
SYNNEX CORP COM 87162W100 1,814 22,434 SH   SOLE 0 22,434 0 0
TENNECO INC COM 880349105 345 12,599 SH   SOLE 0 12,599 0 0
TOWER INTERNATIONAL COM 891826109 401 16,853 SH   SOLE 0 16,853 0 0
TOWER SEMICONDUCTOR ORD SHS M87915274 214 14,492 SH   SOLE 0 14,492 0 0
TRIPLE POINT VENTURE GROWTH COM 89677Y100 1,700 156,138 SH   SOLE 0 156,138 0 0
TYSON FOODS CL A 902494103 1,569 29,382 SH   SOLE 0 29,382 0 0
ULTRA CLEAN HOLDINGS COM 90385V107 127 15,044 SH   SOLE 1 15,044 1 0
US BANCORP DEL COM COM 902973304 1,888 41,302 SH   SOLE 2 41,302 2 0
WABASH NATIONAL COM 929566107 407 31,087 SH   SOLE 3 31,087 3 0
WELLS FARGO AND CO COM 949746101 1,671 36,256 SH   SOLE 4 36,256 4 0
WHITING PETROLEUM COM 966387409 239 10,551 SH   SOLE 5 10,551 5 0
WYNDHAM HOTELS AND RESORTS INC COM 98311A105 1,739 38,328 SH   SOLE 6 38,328 6 0