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 113,401 187,847 SH   SOLE   150,507 0 37,340
Alphabet Inc. Cl A COMMON 02079K305 61,129 34,878 SH   SOLE   27,873 0 7,005
Anthem, Inc. COMMON 036752103 71,104 221,446 SH   SOLE   177,001 0 44,445
Applied Materials COMMON 038222105 69,620 806,715 SH   SOLE   638,465 0 168,250
Bank of America Corporation COMMON 060505104 144,608 4,770,978 SH   SOLE   3,843,028 0 927,950
Berkshire Hathaway, Inc. Cl B COMMON 084670702 88,097 379,941 SH   SOLE   302,011 0 77,930
The Blackstone Group Inc. COMMON 09260D107 72,781 1,122,996 SH   SOLE   899,446 0 223,550
Booking Holdings Inc. COMMON 09857L108 90,124 40,464 SH   SOLE   32,159 0 8,305
CIGNA Corporation COMMON 125523100 123,654 593,977 SH   SOLE   478,277 0 115,700
Cabot Oil & Gas Corporatio COMMON 127097103 70,456 4,327,745 SH   SOLE   3,450,145 0 877,600
Capital One Financial Corp COMMON 14040H105 134,125 1,356,851 SH   SOLE   1,097,301 0 259,550
CitiGroup, Inc. COMMON 172967424 124,232 2,014,785 SH   SOLE   1,631,335 0 383,450
Comcast Corporation Class A COMMON 20030N101 109,006 2,080,273 SH   SOLE   1,653,173 0 427,100
Conagra Brands, Inc. COMMON 205887102 74,320 2,049,628 SH   SOLE   1,642,728 0 406,900
Dentsply Sirona Inc. COMMON 24906P109 79,430 1,517,005 SH   SOLE   1,216,605 0 300,400
Elanco Animal Health Inc. COMMON 28414H103 76,644 2,498,980 SH   SOLE   1,989,830 0 509,150
EOG Resources, Inc. COMMON 26875P101 75,289 1,509,715 SH   SOLE   1,202,565 0 307,150
Fiserv, Inc. COMMON 337738108 82,993 728,901 SH   SOLE   582,651 0 146,250
International Paper Company COMMON 460146103 86,536 1,740,463 SH   SOLE   1,386,813 0 353,650
Lennar Corporation COMMON 526057104 77,191 1,012,607 SH   SOLE   805,407 0 207,200
Magna International Inc. COMMON 559222401 98,242 1,387,595 SH   SOLE   1,126,495 0 261,100
Merck & Co. Inc. COMMON 58933Y105 110,327 1,348,746 SH   SOLE   1,071,996 0 276,750
Morgan Stanley COMMON 617446448 130,303 1,901,407 SH   SOLE   1,522,357 0 379,050
Oracle Corporation COMMON 68389X105 125,998 1,947,719 SH   SOLE   1,543,819 0 403,900
Pfizer Inc. COMMON 717081103 82,713 2,247,015 SH   SOLE   1,781,465 0 465,550
SVB Financial Group COMMON 78486Q101 71,424 184,162 SH   SOLE   146,902 0 37,260
Henry Schein Inc. COMMON 806407102 74,577 1,115,420 SH   SOLE   892,320 0 223,100
UnitedHealth Group Inc. COMMON 91324P102 63,429 180,874 SH   SOLE   144,684 0 36,190
Wabtec Corporation COMMON 929740108 73,869 1,009,137 SH   SOLE   814,637 0 194,500
Walmart Inc. COMMON 931142103 61,675 427,851 SH   SOLE   340,101 0 87,750
Whirlpool Corporation COMMON 963320106 57,003 315,825 SH   SOLE   249,425 0 66,400
Eaton Corporation PLC COMMON G29183103 64,039 533,033 SH   SOLE   422,333 0 110,700
Aptiv PLC COMMON G6095L109 75,524 579,664 SH   SOLE   460,714 0 118,950
Sensata Technologies Holdings plc COMMON G8060N102 98,107 1,860,197 SH   SOLE   1,520,247 0 339,950
Perrigo Company plc COMMON G97822103 98,214 2,196,209 SH   SOLE   1,803,959 0 392,250
Chubb Limited COMMON H1467J104 70,486 457,938 SH   SOLE   366,688 0 91,250
NXP Semiconductors NV COMMON N6596X109 68,961 433,687 SH   SOLE   348,237 0 85,450
Flex Ltd. COMMON Y2573F102 112,250 6,243,065 SH   SOLE   5,073,265 0 1,169,800