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 24,394 692,427 SH   SOLE   618,558 0 73,869
AMAZON COM INC COM COM 023135106 419 279 SH   SOLE   279 0 0
AMERICAN AIRLS GRP INC COM COM 02376r102 5,558 173,094 SH   SOLE   155,021 0 18,073
AMERICAN EXPRESS CO COM COM 025816109 5,220 54,761 SH   SOLE   49,731 0 5,030
AMGEN INC COM COM 031162100 5,511 28,307 SH   SOLE   25,477 0 2,830
APPLE COMPUTER COM 037833100 15,289 96,923 SH   SOLE   88,319 0 8,604
ASPEN INSURANCE HOLDINGS LTD COM g05384105 6,340 150,990 SH   SOLE   133,072 0 17,918
AT&T INC COM COM 00206r102 3,493 122,402 SH   SOLE   107,714 0 14,688
BEAZER HOMES USA INC COM NEW COM 07556Q881 5,049 532,582 SH   SOLE   460,269 0 72,313
BERKSHIRE HATHAWAY INC CL B COM 084670702 625 3,061 SH   SOLE   3,061 0 0
BIG LOTS INC COM COM 089302103 3,511 121,412 SH   SOLE   102,412 0 19,000
BIO-RAD LABORATORIES COM 090572207 6,416 27,627 SH   SOLE   24,155 0 3,472
BOEING COM 097023105 287 890 SH   SOLE   890 0 0
BP PLC SPONSORED ADR COM 055622104 434 11,453 SH   SOLE   11,453 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 281 5,406 SH   SOLE   5,406 0 0
CATERPILLAR INC DEL COM COM 149123101 296 2,330 SH   SOLE   2,330 0 0
CHEVRON CORP NEW COM COM 166764100 1,535 14,111 SH   SOLE   14,111 0 0
CISCO SYS INC COM COM 17275R102 8,760 202,163 SH   SOLE   183,680 0 18,483
COHEN & STEERS INC COM COM 19247A100 7,835 228,280 SH   SOLE   204,487 0 23,793
COLGATE PALMOLIVE CO COM COM 194162103 286 4,800 SH   SOLE   4,800 0 0
COMCAST CORP COM CL A COM 20030N101 11,029 323,920 SH   SOLE   289,479 0 34,441
DELL TECHNOLOGIES INC COM 24703L202 2,613 53,463 SH   SOLE   47,601 0 5,863
EOG RES INC COM COM 26875P101 6,366 72,994 SH   SOLE   66,150 0 6,844
ESTEE LAUDER COS INC COM COM 518439104 9,776 75,146 SH   SOLE   66,430 0 8,716
EXXON CORP COM COM 30231G102 718 10,531 SH   SOLE   10,531 0 0
FEC RESOURCES INC COM COM 30246x108 2 170,600 SH   SOLE   170,600 0 0
FLUOR CORP COM COM 343412102 3,525 109,470 SH   SOLE   93,370 0 16,100
FOCUS FINANCIAL PARTNERS COM 34417P100 2,651 100,683 SH   SOLE   71,033 0 29,650
FOSSIL GROUP COM 34988V106 7,236 460,018 SH   SOLE   392,928 0 67,090
FRANKLIN RES INC COM COM 354613101 1,060 35,733 SH   SOLE   35,733 0 0
GATX CORP COM COM 361448103 7,987 112,796 SH   SOLE   100,758 0 12,038
GENERAL ELEC CO COM COM 369604103 1,921 253,745 SH   SOLE   209,302 0 44,443
HP INC COM 40434L105 4,818 235,474 SH   SOLE   210,119 0 25,355
HUDSON PACIFIC PROPERTIES COM 444097109 4,405 151,595 SH   SOLE   118,525 0 33,070
HYSTER YALE MATLS HAND CL A COM 449172105 5,885 94,973 SH   SOLE   81,466 0 13,507
INNOVEST GLOBAL INC COM COM 45781q102 5 10,000 SH   SOLE   10,000 0 0
INTEL CORP COM COM 458140100 11,903 253,640 SH   SOLE   217,739 0 35,901
J P MORGAN CHASE & CO COM COM 46625H100 10,943 112,094 SH   SOLE   99,282 0 12,812
JOHNSON & JOHNSON COM COM 478160104 8,002 62,009 SH   SOLE   55,898 0 6,111
KAISER ALUMINUM CORP COM PAR $ COM 483007704 9,193 102,953 SH   SOLE   91,093 0 11,860
KIMBERLY CLARK CORP COM COM 494368103 239 2,095 SH   SOLE   2,095 0 0
KLX ENERGY SVCS HLDGS COM 48253L106 2,015 85,938 SH   SOLE   72,104 0 13,834
LILLY ELI & CO COM COM 532457108 7,767 67,119 SH   SOLE   60,455 0 6,664
LKQ CORP COM COM 501889208 7,642 322,029 SH   SOLE   281,424 0 40,605
LOEWS CORP COM COM 540424108 2,199 48,300 SH   SOLE   48,300 0 0
LULULEMON ATHLETICA IN COM COM 550021109 12,114 99,612 SH   SOLE   87,282 0 12,330
MARCHEX INC CL B COM 56624r108 2,597 980,036 SH   SOLE   850,872 0 129,164
MEDICAL MARIJUANA INC COM 58463A105 1 11,000 SH   SOLE   11,000 0 0
MERCK & CO INC NEW COM COM 58933Y105 10,232 133,912 SH   SOLE   117,591 0 16,321
MICROSOFT CORP COM COM 594918104 288 2,832 SH   SOLE   2,832 0 0
MOELIS & COMPANY COM 60786M105 6,925 201,428 SH   SOLE   177,098 0 24,330
NEWFIELD EXPL CO COM COM 651290108 2,461 167,889 SH   SOLE   143,400 0 24,489
NORDSON CORP COM COM 655663102 12,098 101,363 SH   SOLE   91,122 0 10,241
NORDSTROM INC COM COM 655664100 5,468 117,314 SH   SOLE   104,853 0 12,461
NORWEGIAN CRUISE LINE HOLDINGS COM G66721104 5,654 133,370 SH   SOLE   118,352 0 15,018
NOVAPET PRODUCTS INC COM COM 669875106 0 12,000 SH   SOLE   12,000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 7,733 1,054,969 SH   SOLE   935,073 0 119,896
ORACLE CORP COM COM 68389X105 9,182 203,364 SH   SOLE   181,060 0 22,304
PFIZER INC COM COM 717081103 616 14,102 SH   SOLE   14,102 0 0
PHILIP MORRIS INTL INC COM COM 718172109 479 7,178 SH   SOLE   7,178 0 0
PROCTER & GAMBLE CO COM COM 742718109 350 3,804 SH   SOLE   3,804 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 1,192 19,750 SH   SOLE   19,750 0 0
PULTE GROUP INC COM COM 745867101 15,688 603,625 SH   SOLE   536,900 0 66,725
RPM INTERNATIONAL COM 749685103 323 5,500 SH   SOLE   5,500 0 0
SCHLUMBERGER LTD COM COM 806857108 3,754 104,057 SH   SOLE   91,732 0 12,325
SCHWAB CHARLES CORP NEW COM COM 808513105 13,691 329,665 SH   SOLE   286,014 0 43,651
SIMON PPTY GROUP NEW COM COM 828806109 8,433 50,200 SH   SOLE   44,896 0 5,304
SKYWORKS SOLUTIONS INC COM COM 83088m102 8,825 131,675 SH   SOLE   115,271 0 16,404
STARBUCKS CORP COM COM 855244109 669 10,381 SH   SOLE   10,381 0 0
STEM CELL AUTH LTD COM 85857c108 0 10,000 SH   SOLE   10,000 0 0
SVB FINL GROUP COM COM 78486q101 9,320 49,074 SH   SOLE   41,929 0 7,145
TENET HEALTHCARE CORP COM COM 88033g407 3,956 230,786 SH   SOLE   198,221 0 32,565
TERADYNE INC COM COM 880770102 9,554 304,450 SH   SOLE   266,005 0 38,445
TETRA TECH INC NEW COM COM 88162G103 8,169 157,802 SH   SOLE   144,265 0 13,537
TRANSOCEAN INC COM COM H8817H100 980 141,210 SH   SOLE   119,188 0 22,022
ULTA BEAUTY, INC COM 90384S303 5,537 22,613 SH   SOLE   20,093 0 2,520
UNITED NAT FOOD INC COM COM 911163103 2,203 208,005 SH   SOLE   178,942 0 29,063
VERIZON COMMUNICATIONS COM COM 92343V104 262 4,654 SH   SOLE   4,654 0 0
VISA INC COM CL A COM 92826c839 336 2,550 SH   SOLE   2,550 0 0
WALT DISNEY CO COM COM 254687106 8,109 73,950 SH   SOLE   65,287 0 8,663
WELLS FARGO & CO NEW COM COM 949746101 6,956 150,963 SH   SOLE   132,864 0 18,099
WEYERHAEUSER CO COM COM 962166104 5,756 263,291 SH   SOLE   233,321 0 29,970
WYNDHAM DESTINATIONS INC COM COM 98310W108 1,164 32,468 SH   SOLE   32,468 0 0
WYNDHAM HOTELS & RESORTS INC C COM 98311A105 3,288 72,472 SH   SOLE   64,565 0 7,907
LAZARD EMERGING MARKETS EQUITY MEUS 52106N392 416 41,512 SH   SOLE   41,512 0 0
LAZARD FDS INC EMERG MKT RETL MEUS 52106n764 2,016 121,936 SH   SOLE   121,936 0 0
LAZARD FDS INC EMKTS EQBL OPN MEUS 52106N418 964 96,080 SH   SOLE   96,080 0 0