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
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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
Alleghany Corporation COMMON 017175100 121,395 181,982 SH   SOLE   142,262 0 39,720
Alphabet Inc. Cl A COMMON 02079K305 78,733 32,244 SH   SOLE   25,239 0 7,005
Anthem, Inc. COMMON 036752103 82,504 216,091 SH   SOLE   167,871 0 48,220
Baker Hughes Company COMMON 05722G100 68,370 2,989,507 SH   SOLE   2,320,607 0 668,900
Bank of America Corporation COMMON 060505104 96,031 2,329,154 SH   SOLE   1,811,154 0 518,000
Berkshire Hathaway, Inc. Cl B COMMON 084670702 90,745 326,516 SH   SOLE   253,936 0 72,580
The Blackstone Group Inc. COMMON 09260D107 70,092 721,553 SH   SOLE   558,253 0 163,300
CIGNA Corporation COMMON 125523100 119,612 504,544 SH   SOLE   388,844 0 115,700
Cabot Oil & Gas Corporatio COMMON 127097103 70,417 4,033,029 SH   SOLE   3,155,429 0 877,600
Capital One Financial Corp COMMON 14040H105 105,635 682,885 SH   SOLE   530,985 0 151,900
Comcast Corporation Class A COMMON 20030N101 94,580 1,658,724 SH   SOLE   1,295,374 0 363,350
Conagra Brands, Inc. COMMON 205887102 97,587 2,682,429 SH   SOLE   2,088,029 0 594,400
Dentsply Sirona Inc. COMMON 24906P109 104,156 1,646,481 SH   SOLE   1,274,731 0 371,750
Elanco Animal Health Inc. COMMON 28414H103 80,137 2,310,086 SH   SOLE   1,800,936 0 509,150
EOG Resources, Inc. COMMON 26875P101 72,819 872,706 SH   SOLE   672,756 0 199,950
Fiserv, Inc. COMMON 337738108 105,342 985,522 SH   SOLE   766,772 0 218,750
International Paper Company COMMON 460146103 72,343 1,179,958 SH   SOLE   918,108 0 261,850
Lennar Corporation COMMON 526057104 70,459 709,204 SH   SOLE   551,954 0 157,250
Magna International Inc. COMMON 559222401 103,585 1,118,149 SH   SOLE   874,999 0 243,150
Merck & Co. Inc. COMMON 58933Y105 96,968 1,246,859 SH   SOLE   970,109 0 276,750
Morgan Stanley COMMON 617446448 113,779 1,240,906 SH   SOLE   960,956 0 279,950
Oracle Corporation COMMON 68389X105 92,169 1,184,087 SH   SOLE   921,237 0 262,850
Organon & Company COMMON 68622V106 74,206 2,452,287 SH   SOLE   1,904,362 0 547,925
Pfizer Inc. COMMON 717081103 101,792 2,599,378 SH   SOLE   2,023,778 0 575,600
SVB Financial Group COMMON 78486Q101 70,358 126,445 SH   SOLE   98,585 0 27,860
Henry Schein Inc. COMMON 806407102 97,417 1,313,074 SH   SOLE   1,015,874 0 297,200
UnitedHealth Group Inc. COMMON 91324P102 67,294 168,049 SH   SOLE   131,859 0 36,190
Verizon Communications Inc COMMON 92343V104 71,771 1,280,947 SH   SOLE   997,597 0 283,350
Vistra Corp. COMMON 92840M102 127,806 6,889,795 SH   SOLE   5,359,345 0 1,530,450
Vontier Corporation COMMON 928881101 72,508 2,225,540 SH   SOLE   1,742,040 0 483,500
Wabtec Corporation COMMON 929740108 74,029 899,506 SH   SOLE   705,006 0 194,500
Wells Fargo & Company COMMON 949746101 97,469 2,152,119 SH   SOLE   1,674,569 0 477,550
Eaton Corporation PLC COMMON G29183103 70,602 476,461 SH   SOLE   365,761 0 110,700
RenaissanceRe Holdings COMMON G7496G103 91,348 613,812 SH   SOLE   482,512 0 131,300
Sensata Technologies Holdings plc COMMON G8060N102 93,863 1,619,170 SH   SOLE   1,279,220 0 339,950
Perrigo Company plc COMMON G97822103 136,439 2,975,770 SH   SOLE   2,399,220 0 576,550
Chubb Limited COMMON H1467J104 73,951 465,276 SH   SOLE   363,076 0 102,200
NXP Semiconductors NV COMMON N6596X109 116,481 566,211 SH   SOLE   448,511 0 117,700
Flex Ltd. COMMON Y2573F102 150,150 8,402,374 SH   SOLE   6,791,724 0 1,610,650