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
Alphabet Inc. Cl A COMMON 02079K305 49,007 512,361 SH   SOLE   382,061 0 130,300
Applied Materials, Inc. COMMON 038222105 51,007 622,573 SH   SOLE   463,028 0 159,545
Baker Hughes Company COMMON 05722G100 77,789 3,711,301 SH   SOLE   2,718,116 0 993,185
Bank of America Corporation COMMON 060505104 49,378 1,635,049 SH   SOLE   1,219,414 0 415,635
Berkshire Hathaway, Inc. Cl B COMMON 084670702 86,244 322,987 SH   SOLE   242,797 0 80,190
Coterra Energy, Inc. COMMON 127097103 39,360 1,506,901 SH   SOLE   1,105,821 0 401,080
Capital One Financial Corp COMMON 14040H105 81,964 889,275 SH   SOLE   660,210 0 229,065
Cardinal Health, Inc. COMMON 14149Y108 68,393 1,025,695 SH   SOLE   762,720 0 262,975
Cleveland-Cliffs Inc. COMMON 185899101 65,050 4,829,215 SH   SOLE   3,535,215 0 1,294,000
Conagra Brands, Inc. COMMON 205887102 67,878 2,080,237 SH   SOLE   1,562,812 0 517,425
Elanco Animal Health Inc. COMMON 28414H103 51,276 4,131,801 SH   SOLE   3,083,526 0 1,048,275
FedEx Corporation COMMON 31428X106 47,421 319,399 SH   SOLE   237,444 0 81,955
First Republic Bank COMMON 33616C100 79,212 606,759 SH   SOLE   449,964 0 156,795
General Motors Company COMMON 37045V100 66,336 2,067,198 SH   SOLE   1,537,178 0 530,020
Hologic Inc. COMMON 436440101 62,212 964,226 SH   SOLE   722,001 0 242,225
Huntington Ingalls Industries, Inc. COMMON 446413106 53,748 242,655 SH   SOLE   179,590 0 63,065
Kinder Morgan, Inc. COMMON 49456B101 80,581 4,842,610 SH   SOLE   3,614,450 0 1,228,160
Lennar Corporation COMMON 526057104 80,140 1,074,989 SH   SOLE   800,034 0 274,955
Merck & Co. Inc. COMMON 58933Y105 57,542 668,158 SH   SOLE   498,443 0 169,715
Micron Technology, Inc. COMMON 595112103 50,582 1,009,619 SH   SOLE   751,439 0 258,180
Morgan Stanley COMMON 617446448 51,050 646,122 SH   SOLE   479,687 0 166,435
Oracle Corporation COMMON 68389X105 84,018 1,375,758 SH   SOLE   1,026,383 0 349,375
Organon & Company COMMON 68622V106 59,981 2,563,291 SH   SOLE   1,913,851 0 649,440
PVH Corp. COMMON 693656100 74,292 1,658,302 SH   SOLE   1,237,177 0 421,125
PACCAR, Inc. COMMON 693718108 84,496 1,009,627 SH   SOLE   751,022 0 258,605
Pfizer Inc. COMMON 717081103 77,097 1,761,806 SH   SOLE   1,290,251 0 471,555
SVB Financial Group COMMON 78486Q101 83,303 248,087 SH   SOLE   184,182 0 63,905
Tempur Sealy International COMMON 88023U101 66,106 2,738,454 SH   SOLE   2,038,364 0 700,090
Victoria's Secret & Co COMMON 926400102 71,087 2,441,159 SH   SOLE   1,817,354 0 623,805
Vistra Corp. COMMON 92840M102 114,566 5,455,514 SH   SOLE   4,028,644 0 1,426,870
Vontier Corporation COMMON 928881101 51,205 3,064,349 SH   SOLE   2,222,629 0 841,720
Wells Fargo & Company COMMON 949746101 105,426 2,621,225 SH   SOLE   1,959,465 0 661,760
Perrigo Company plc COMMON G97822103 102,146 2,864,433 SH   SOLE   2,134,478 0 729,955
NXP Semiconductors NV COMMON N6596X109 86,644 587,377 SH   SOLE   443,682 0 143,695
Flex Ltd. COMMON Y2573F102 95,282 5,719,223 SH   SOLE   4,253,383 0 1,465,840