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
AEROJET ROCKETDYNE HOLDINGS IN COM 007800105 8,079 167,302 SH   SOLE   167,302 0 0
AMAZON COM INC COM COM 023135106 967 281 SH   SOLE   281 0 0
AMBARELLA INC COM COM g037ax101 285 2,675 SH   SOLE   2,675 0 0
AMERICAN ELEC PWR INC COM COM 025537101 5,054 59,751 SH   SOLE   59,751 0 0
AMERICAN EXPRESS CO COM COM 025816109 6,560 39,705 SH   SOLE   39,705 0 0
AMGEN INC COM COM 031162100 5,726 23,492 SH   SOLE   23,492 0 0
APPLE COMPUTER COM 037833100 33,202 242,418 SH   SOLE   242,418 0 0
AT&T INC COM COM 00206r102 1,636 56,855 SH   SOLE   56,855 0 0
AUTOMATIC DATA PROCESS COM COM 053015103 236 1,190 SH   SOLE   1,190 0 0
BANK OF AMERICA CORP COM COM 060505104 298 7,232 SH   SOLE   7,232 0 0
BEAZER HOMES USA INC COM NEW COM 07556Q881 10,412 539,768 SH   SOLE   539,768 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670702 579 2,084 SH   SOLE   2,084 0 0
BIO-RAD LABORATORIES COM 090572207 12,305 19,099 SH   SOLE   19,099 0 0
BOEING COM 097023105 204 850 SH   SOLE   850 0 0
BORGWARNER INC COM COM 099724106 4,053 83,501 SH   SOLE   83,501 0 0
BP PLC SPONSORED ADR COM 055622104 248 9,398 SH   SOLE   9,398 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 301 4,506 SH   SOLE   4,506 0 0
CATERPILLAR INC DEL COM COM 149123101 314 1,445 SH   SOLE   1,445 0 0
CHEVRON CORP NEW COM COM 166764100 1,579 15,078 SH   SOLE   15,078 0 0
CHURCHILL DOWNS INC COM 171484108 244 1,230 SH   SOLE   1,230 0 0
CISCO SYS INC COM COM 17275R102 7,729 145,838 SH   SOLE   145,838 0 0
COHEN & STEERS INC COM COM 19247A100 9,404 114,556 SH   SOLE   114,556 0 0
COLGATE PALMOLIVE CO COM COM 194162103 350 4,300 SH   SOLE   4,300 0 0
COMCAST CORP COM CL A COM 20030N101 12,733 223,307 SH   SOLE   223,307 0 0
COSTCO WHSL CORP NEW COM COM 22160k105 205 518 SH   SOLE   518 0 0
DEERE & CO COM COM 244199105 6,159 17,463 SH   SOLE   17,463 0 0
DELL TECHNOLOGIES INC COM 24703L202 5,239 52,564 SH   SOLE   52,564 0 0
EOG RES INC COM COM 26875P101 6,272 75,169 SH   SOLE   75,169 0 0
ESTEE LAUDER COS INC COM COM 518439104 15,998 50,296 SH   SOLE   50,296 0 0
EXXON CORP COM COM 30231G102 512 8,117 SH   SOLE   8,117 0 0
FEC RESOURCES INC COM COM 30246x108 2 170,600 SH   SOLE   170,600 0 0
FOCUS FINANCIAL PARTNERS COM 34417P100 10,187 210,036 SH   SOLE   210,036 0 0
GATX CORP COM COM 361448103 7,160 80,927 SH   SOLE   80,927 0 0
HAWAIIAN HOLDINGS INC COM COM 419879101 276 11,335 SH   SOLE   11,335 0 0
HP INC COM 40434L105 4,041 133,857 SH   SOLE   133,857 0 0
HUDSON PACIFIC PROPERTIES COM 444097109 5,407 194,343 SH   SOLE   194,343 0 0
HYSTER YALE MATLS HAND CL A COM 449172105 5,823 79,791 SH   SOLE   79,791 0 0
INNOVEST GLOBAL INC COM COM 45781q102 1 10,000 SH   SOLE   10,000 0 0
INTEL CORP COM COM 458140100 9,227 164,360 SH   SOLE   164,360 0 0
INTERNATIONAL BUS MACH COM COM 459200101 5,655 38,578 SH   SOLE   38,578 0 0
J P MORGAN CHASE & CO COM COM 46625H100 12,650 81,328 SH   SOLE   81,328 0 0
JOHNSON & JOHNSON COM COM 478160104 7,854 47,674 SH   SOLE   47,674 0 0
KAISER ALUMINUM CORP COM PAR $ COM 483007704 9,232 74,762 SH   SOLE   74,762 0 0
KULICKE AND SOFFA INDUSTRIES I COM 501242101 236 3,860 SH   SOLE   3,860 0 0
LILLY ELI & CO COM COM 532457108 11,006 47,952 SH   SOLE   47,952 0 0
LINDE PLC COM COM g5494j103 5,583 19,312 SH   SOLE   19,312 0 0
LKQ CORP COM COM 501889208 11,009 223,667 SH   SOLE   223,667 0 0
LOEWS CORP COM COM 540424108 2,437 44,600 SH   SOLE   44,600 0 0
LULULEMON ATHLETICA IN COM COM 550021109 22,648 62,053 SH   SOLE   62,053 0 0
MERCK & CO INC NEW COM COM 58933Y105 7,586 97,549 SH   SOLE   97,549 0 0
MICROSOFT CORP COM COM 594918104 1,023 3,775 SH   SOLE   3,775 0 0
MOELIS & COMPANY COM 60786M105 10,009 175,938 SH   SOLE   175,938 0 0
NEWMONT CORP COM 651639106 4,468 70,500 SH   SOLE   70,500 0 0
NORDSON CORP COM COM 655663102 15,625 71,183 SH   SOLE   71,183 0 0
NORDSTROM INC COM COM 655664100 4,339 118,658 SH   SOLE   118,658 0 0
ORACLE CORP COM COM 68389X105 11,634 149,461 SH   SOLE   149,461 0 0
ORGANON & CO COM 68622V106 291 9,632 SH   SOLE   9,632 0 0
PFIZER INC COM COM 717081103 553 14,122 SH   SOLE   14,122 0 0
PROCTER & GAMBLE CO COM COM 742718109 442 3,273 SH   SOLE   3,273 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 944 9,617 SH   SOLE   9,617 0 0
PULTE GROUP INC COM COM 745867101 20,773 380,660 SH   SOLE   380,660 0 0
SCHLUMBERGER LTD COM COM 806857108 4,786 149,516 SH   SOLE   149,516 0 0
SCHWAB CHARLES CORP NEW COM COM 808513105 14,895 204,578 SH   SOLE   204,578 0 0
SIMON PPTY GROUP NEW COM COM 828806109 6,509 49,881 SH   SOLE   49,881 0 0
SKYWORKS SOLUTIONS INC COM COM 83088m102 18,072 94,247 SH   SOLE   94,247 0 0
STARBUCKS CORP COM COM 855244109 1,089 9,737 SH   SOLE   9,737 0 0
STERIS PLC ORD COM g8473t100 7,028 34,067 SH   SOLE   34,067 0 0
STRYKER CORP COM COM 863667101 5,143 19,800 SH   SOLE   19,800 0 0
SVB FINL GROUP COM COM 78486q101 20,581 36,988 SH   SOLE   36,988 0 0
TENET HEALTHCARE CORP COM COM 88033g407 12,570 187,634 SH   SOLE   187,634 0 0
TERADYNE INC COM COM 880770102 23,612 176,258 SH   SOLE   176,258 0 0
TETRA TECH INC NEW COM COM 88162G103 13,592 111,376 SH   SOLE   111,376 0 0
TIMKEN CO COM COM 887389104 306 3,795 SH   SOLE   3,795 0 0
UBER TECHNOLOGIES INC COM 90353T100 6,095 121,615 SH   SOLE   121,615 0 0
ULTA BEAUTY, INC COM 90384S303 6,673 19,299 SH   SOLE   19,299 0 0
VERIZON COMMUNICATIONS COM COM 92343V104 249 4,447 SH   SOLE   4,447 0 0
VERRA MOBILITY CORP COM 92511u102 5,906 384,282 SH   SOLE   384,282 0 0
VIRNETX HOLDING CORP COM 92823T108 59 13,836 SH   SOLE   13,836 0 0
VISA INC COM CL A COM 92826c839 596 2,550 SH   SOLE   2,550 0 0
WALT DISNEY CO COM COM 254687106 9,434 53,674 SH   SOLE   53,674 0 0
WELLS FARGO & CO NEW COM COM 949746101 5,072 111,993 SH   SOLE   111,993 0 0
WEYERHAEUSER CO COM COM 962166104 6,696 194,545 SH   SOLE   194,545 0 0
LAZARD EMERGING MARKETS EQUITY MEUS 52106N392 1,157 80,037 SH   SOLE   80,037 0 0
LAZARD FDS INC EMERG MKT INST MEUS 52106n889 1,066 53,327 SH   SOLE   53,327 0 0