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 1,696 17,929 SH   SOLE 0 17,929 0 0
AECOM TECH CORP. COM 00766T100 753 23,045 SH   SOLE 0 23,045 0 0
AMC NETWORKS INC CL A 00164V103 2,282 34,399 SH   SOLE 0 34,399 0 0
AMDOCS LTD. SHS G02602103 1,846 27,982 SH   SOLE 0 27,982 0 0
ANIXTER INTL COM 035290105 2,035 28,950 SH   SOLE 0 28,950 0 0
APOGEE ENTERPRISES COM 037598109 1,811 43,837 SH   SOLE 0 43,837 0 0
APPLE COM 037833100 6,281 27,824 SH   SOLE 0 27,824 0 0
APPLIED MATLS INC COM COM 038222105 1,378 35,655 SH   SOLE 0 35,655 0 0
ARES CAPITAL CORPORATION COM 04010L103 2,331 135,609 SH   SOLE 0 135,609 0 0
ARES COMMERCIAL REAL ESTATE GROUP COM 04013V108 2,373 169,870 SH   SOLE 0 169,870 0 0
ARRIS INTERNATIONAL COM G0551A103 219 8,410 SH   SOLE 0 8,410 0 0
ARROW ELECTRS INC COM COM 042735100 2,116 28,706 SH   SOLE 0 28,706 0 0
BAE SYSTEMS PLC PLC 05523R107 1,611 48,963 SH   SOLE 0 48,963 0 0
BANK OF AMERICA CORP COM 060505104 1,576 53,510 SH   SOLE 0 53,510 0 0
BELDEN CDT COM 077454106 2,335 32,700 SH   SOLE 0 32,700 0 0
BERKSHIRE HATHAWAY INC CL B CL B 084670702 5,061 23,639 SH   SOLE 0 23,639 0 0
BLACKSTONE MORTGAGE TRUST CL A 09257W100 2,216 66,130 SH   SOLE 0 66,130 0 0
BORG WARNER COM 099724106 939 21,948 SH   SOLE 0 21,948 0 0
CARNIVAL CORP. UNIT 143658300 2,059 32,290 SH   SOLE 0 32,290 0 0
CBS CL B 124857202 2,007 34,931 SH   SOLE 0 34,931 0 0
CELANESE CORP COM 150870103 2,163 18,973 SH   SOLE 0 18,973 0 0
CENTURY BANCORP CL A 156432106 648 8,970 SH   SOLE 0 8,970 0 0
CHUBB LIMITED COM H1467J104 2,199 16,458 SH   SOLE 0 16,458 0 0
COHU INC COM COM 192576106 868 34,581 SH   SOLE 0 34,581 0 0
COMCAST CL A CL A 20030N101 2,235 63,119 SH   SOLE 0 63,119 0 0
COMMERCIAL VEHICLE GROUP INC COM 202608105 110 12,000 SH   SOLE 0 12,000 0 0
D R HORTON INC COM COM 23331A109 2,226 52,782 SH   SOLE 0 52,782 0 0
DAIMLER AG ADR D1668R123 1,698 26,943 SH   SOLE 0 26,943 0 0
DELUXE CORP. COM 248019101 1,883 33,065 SH   SOLE 0 33,065 0 0
DISNEY WALT CO COM COM 254687106 2,341 20,023 SH   SOLE 0 20,023 0 0
DXC TECHNOLOGY COMPANY COM 23355L106 2,206 23,591 SH   SOLE 0 23,591 0 0
EQUINOR ASA COM 29446M102 2,216 78,581 SH   SOLE 0 78,581 0 0
EVEREST RE COM G3223R108 2,175 9,519 SH   SOLE 0 9,519 0 0
FEDEX CORP COM 31428X106 2,174 9,029 SH   SOLE 0 9,029 0 0
GOLDMAN SACHS COM 38141G104 2,072 9,241 SH   SOLE 0 9,241 0 0
GRAY TELEVISION INC COM 389375106 2,500 142,838 SH   SOLE 0 142,838 0 0
GULFPORT ENERGY CORP COM 402635304 1,684 161,779 SH   SOLE 0 161,779 0 0
HERCULES CAPITAL INC COM 427096508 1,291 98,097 SH   SOLE 0 98,097 0 0
HI CRUSH PARTNERS LP COM 428337109 1,703 157,677 SH   SOLE 0 157,677 0 0
HOOKER FURNITURE CORP COM 439038100 1,158 34,266 SH   SOLE 0 34,266 0 0
HUNTINGTON BANCSHARES INC COM 446150104 1,896 127,085 SH   SOLE 0 127,085 0 0
ICHOR HOLDINGS SHS G4740B105 1,545 75,670 SH   SOLE 0 75,670 0 0
INTEL CORP COM COM 458140100 2,174 45,967 SH   SOLE 0 45,967 0 0
INTERPUBLIC GROUP COM 460690100 711 31,078 SH   SOLE 0 31,078 0 0
JP MORGAN CHASE AND CO COM 46625H100 2,294 20,332 SH   SOLE 0 20,332 0 0
KNOLL INC COM 498904200 2,113 90,116 SH   SOLE 0 90,116 0 0
LABORATORY CORP. OF AMERICA COM 50540R409 2,282 13,139 SH   SOLE 0 13,139 0 0
LAM RESEARCH CORP COM 512807108 1,810 11,934 SH   SOLE 0 11,934 0 0
LENNAR CORP CL A CL A 526057104 1,892 40,520 SH   SOLE 0 40,520 0 0
LYONDELLBASELL INDUSTRIES SHS N53745100 1,747 17,041 SH   SOLE 0 17,041 0 0
M/I HOMES INC COM 55305B101 1,735 72,524 SH   SOLE 0 72,524 0 0
MAGNA INTL INC COM 559222401 1,726 32,863 SH   SOLE 0 32,863 0 0
MERCHANTS BANCORP COM 58844R108 277 10,881 SH   SOLE 0 10,881 0 0
MURPHY OIL CORP COM 626717102 2,087 62,602 SH   SOLE 0 62,602 0 0
NOBLE ENERGY COM 655044105 2,078 66,610 SH   SOLE 0 66,610 0 0
NUCOR CORPORATION COM 670346105 561 8,840 SH   SOLE 0 8,840 0 0
OMNICOM GROUP INC COM 681919106 2,104 30,933 SH   SOLE 0 30,933 0 0
ON SEMICONDUCTOR CORP COM 682189105 1,998 108,406 SH   SOLE 0 108,406 0 0
OSHKOSH CORP COM 688239201 1,163 16,319 SH   SOLE 0 16,319 0 0
PACKAGING CORP OF AMERICA COM 695156109 1,868 17,033 SH   SOLE 0 17,033 0 0
PILGRIMS PRIDE CORP COM 72147K108 1,663 91,919 SH   SOLE 0 91,919 0 0
PRINCIPAL FINANCIAL GROUP COM 74251V102 2,160 36,870 SH   SOLE 0 36,870 0 0
PVH Corp ADR 693656100 1,078 7,462 SH   SOLE 0 7,462 0 0
ROCHE HOLDINGS LIMITED ADR 771195104 1,811 60,058 SH   SOLE 0 60,058 0 0
ROYAL CARIBBEAN CRUISES COM V7780T103 2,623 20,190 SH   SOLE 0 20,190 0 0
SCRIPPS EW CO CL A 811054402 2,372 143,741 SH   SOLE 0 143,741 0 0
SENSATA TECHNOLOGY SHS G8060N102 1,772 35,757 SH   SOLE 0 35,757 0 0
SINCLAIR BROADCASTING GROUP CL A 829226109 1,872 66,042 SH   SOLE 0 66,042 0 0
SKYWORKS SOLUTIONS COM 83088M102 1,705 18,798 SH   SOLE 0 18,798 0 0
SPECTRUM BRANDS INC COM 84790A105 689 9,224 SH   SOLE 0 9,224 0 0
STAG INDUSTRIAL COM 85254J102 1,900 69,082 SH   SOLE 0 69,082 0 0
STORE CAPITAL CORP COM 862121100 2,325 83,663 SH   SOLE 0 83,663 0 0
SYNNEX CORP COM 87162W100 1,358 16,030 SH   SOLE 0 16,030 0 0
TENNECO INC COM 880349105 1,224 29,045 SH   SOLE 0 29,045 0 0
THOR INDUSTRIES INC COM 885160101 1,673 19,988 SH   SOLE 0 19,988 0 0
TOWER INTERNATIONAL COM 891826109 524 17,307 SH   SOLE 0 17,307 0 0
TOWER SEMICONDUCTOR ORD SHS M87915274 1,327 60,968 SH   SOLE 0 60,968 0 0
TRIPLE POINT VENTURE GROWTH COM 89677Y100 2,212 162,783 SH   SOLE 0 162,783 0 0
TYSON FOODS CL A 902494103 1,908 32,051 SH   SOLE 0 32,051 0 0
ULTRA CLEAN HOLDINGS COM 90385V107 864 68,839 SH   SOLE 0 68,839 0 0
UNUM GROUP COM 91529Y106 1,602 41,015 SH   SOLE 1 41,015 1 0
US BANCORP DEL COM COM 902973304 2,319 43,908 SH   SOLE 2 43,908 2 0
WABASH NATIONAL COM 929566107 489 26,815 SH   SOLE 3 26,815 3 0
WELLS FARGO AND CO COM 949746101 1,993 37,916 SH   SOLE 4 37,916 4 0
WHITING PETROLEUM COM 966387409 2,149 40,516 SH   SOLE 5 40,516 5 0
WPP PLC ADR 92937A102 1,565 21,354 SH   SOLE 6 21,354 6 0