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
3-D SYS CORP DEL COM NEW 88554D205 10,997 1,426,390 SH   SOLE 1,426,390 0 0
ABBVIE INC COM 00287Y109 3,657 48,000 SH   SOLE 48,000 0 0
ACUITY BRANDS INC COM 00508Y102 2,655 31,000 SH   SOLE 31,000 0 0
ALLISON TRANSMISSION HLDGS I COM 01973R101 2,821 86,500 SH   SOLE 86,500 0 0
ALPHABET INC CAP STK CL A 02079K305 25,563 22,000 SH   SOLE 22,000 0 0
ALTRIA GROUP INC COM 02209S103 2,602 67,300 SH   SOLE 67,300 0 0
AMAZON COM INC COM 023135106 8,189 4,200 SH   SOLE 4,200 0 0
AMERICAN WOODMARK CORPORATIO COM 030506109 1,800 39,500 SH   SOLE 39,500 0 0
AMERISOURCEBERGEN CORP COM 03073E105 3,629 41,000 SH   SOLE 41,000 0 0
AMGEN INC COM 031162100 3,751 18,500 SH   SOLE 18,500 0 0
APPLE INC COM 037833100 7,120 28,000 SH   SOLE 28,000 0 0
ASGN INC COM 00191U102 2,091 59,200 SH   SOLE 59,200 0 0
AT&T INC COM 00206R102 14,084 483,155 SH   SOLE 483,155 0 0
BARRETT BUSINESS SVCS INC COM 068463108 1,395 35,200 SH   SOLE 35,200 0 0
BEST BUY INC COM 086516101 2,924 51,300 SH   SOLE 51,300 0 0
BIOGEN INC COM 09062X103 4,271 13,500 SH   SOLE 13,500 0 0
BLOCK H & R INC COM 093671105 1,887 134,000 SH   SOLE 134,000 0 0
BRISTOL-MYERS SQUIBB CO COM 110122108 3,902 70,000 SH   SOLE 70,000 0 0
CARDINAL HEALTH INC COM 14149Y108 240 5,000 SH   SOLE 5,000 0 0
CBRE GROUP INC CL A 12504L109 1,207 32,000 SH   SOLE 32,000 0 0
CENTURYLINK INC COM 156700106 1,892 200,000 SH   SOLE 200,000 0 0
CISCO SYS INC COM 17275R102 3,047 77,500 SH   SOLE 77,500 0 0
CORTEVA INC COM 22052L104 19,622 834,993 SH   SOLE 834,993 0 0
CRANE CO COM 224399105 2,361 48,000 SH   SOLE 48,000 0 0
CVR ENERGY INC COM 12662P108 1,752 106,000 SH   SOLE 106,000 0 0
DELUXE CORP COM 248019101 1,730 66,700 SH   SOLE 66,700 0 0
DISCOVERY INC COM SER A 25470F104 2,138 110,000 SH   SOLE 110,000 0 0
DISCOVERY INC COM SER C 25470F302 761 43,394 SH   SOLE 43,394 0 0
DOVER MOTORSPORTS INC COM 260174107 875 700,000 SH   SOLE 700,000 0 0
DXC TECHNOLOGY CO COM 23355L106 1,250 95,800 SH   SOLE 95,800 0 0
EBAY INC COM 278642103 6,012 200,000 SH   SOLE 200,000 0 0
EMCOR GROUP INC COM 29084Q100 2,986 48,700 SH   SOLE 48,700 0 0
ENNIS INC COM 293389102 2,911 155,000 SH   SOLE 155,000 0 0
F M C CORP COM NEW 302491303 12,254 150,000 SH   SOLE 150,000 0 0
FACEBOOK INC CL A 30303M102 37,697 226,000 SH   SOLE 226,000 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 8,628 1,200,000 SH   SOLE 1,200,000 0 0
FOOT LOCKER INC COM 344849104 1,477 67,000 SH   SOLE 67,000 0 0
FOX CORP CL A COM 35137L105 2,363 100,000 SH   SOLE 100,000 0 0
GENERAL MLS INC COM 370334104 4,749 90,000 SH   SOLE 90,000 0 0
GILEAD SCIENCES INC COM 375558103 3,962 53,000 SH   SOLE 53,000 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 8,904 235,000 SH   SOLE 235,000 0 0
GRAHAM HLDGS CO COM CL B 384637104 2,456 7,200 SH   SOLE 7,200 0 0
HANESBRANDS INC COM 410345102 2,298 292,000 SH   SOLE 292,000 0 0
HEIDRICK & STRUGGLES INTL IN COM 422819102 2,925 130,000 SH   SOLE 130,000 0 0
HERBALIFE NUTRITION LTD COM SHS G4412G101 2,359 80,900 SH   SOLE 80,900 0 0
HOLLYFRONTIER CORP COM 436106108 2,672 109,000 SH   SOLE 109,000 0 0
HP INC COM 40434L105 3,489 201,000 SH   SOLE 201,000 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 10,950 98,711 SH   SOLE 98,711 0 0
INTERPUBLIC GROUP COS INC COM 460690100 3,335 206,000 SH   SOLE 206,000 0 0
J2 GLOBAL INC COM 48123V102 3,024 40,400 SH   SOLE 40,400 0 0
JOHNSON & JOHNSON COM 478160104 749 5,715 SH   SOLE 5,715 0 0
JONES LANG LASALLE INC COM 48020Q107 1,838 18,200 SH   SOLE 18,200 0 0
JPMORGAN CHASE & CO COM 46625H100 5,042 56,000 SH   SOLE 56,000 0 0
KORN FERRY COM NEW 500643200 2,765 113,700 SH   SOLE 113,700 0 0
LEAR CORP COM NEW 521865204 2,275 28,000 SH   SOLE 28,000 0 0
LYFT INC CL A COM 55087P104 6,444 240,000 SH   SOLE 240,000 0 0
MALIBU BOATS INC COM CL A 56117J100 2,937 102,000 SH   SOLE 102,000 0 0
MANCHESTER UTD PLC NEW ORD CL A G5784H106 2,426 161,169 SH   SOLE 161,169 0 0
MANPOWERGROUP INC COM 56418H100 1,818 34,300 SH   SOLE 34,300 0 0
MARCUS & MILLICHAP INC COM 566324109 2,791 103,000 SH   SOLE 103,000 0 0
MASTEC INC COM 576323109 2,946 90,000 SH   SOLE 90,000 0 0
MASTERCRAFT BOAT HLDGS INC COM 57637H103 1,365 187,000 SH   SOLE 187,000 0 0
MEDNAX INC COM 58502B106 2,077 178,400 SH   SOLE 178,400 0 0
MEDTRONIC PLC SHS G5960L103 4,509 50,000 SH   SOLE 50,000 0 0
MERCK & CO. INC COM 58933Y105 3,847 50,000 SH   SOLE 50,000 0 0
MERITOR INC COM 59001K100 2,213 167,000 SH   SOLE 167,000 0 0
MICROSOFT CORP COM 594918104 9,778 62,000 SH   SOLE 62,000 0 0
MIDDLEBY CORP COM 596278101 4,664 82,000 SH   SOLE 82,000 0 0
MSC INDL DIRECT INC CL A 553530106 2,446 44,500 SH   SOLE 44,500 0 0
MTS SYS CORP COM 553777103 1,982 88,100 SH   SOLE 88,100 0 0
NETAPP INC COM 64110D104 2,693 64,600 SH   SOLE 64,600 0 0
NU SKIN ENTERPRISES INC CL A 67018T105 2,010 92,000 SH   SOLE 92,000 0 0
OMNICOM GROUP INC COM 681919106 2,449 44,600 SH   SOLE 44,600 0 0
OSHKOSH CORP COM 688239201 2,252 35,000 SH   SOLE 35,000 0 0
PATRICK INDS INC COM 703343103 2,591 92,000 SH   SOLE 92,000 0 0
PERDOCEO ED CORP COM 71363P106 2,406 223,000 SH   SOLE 223,000 0 0
PFIZER INC COM 717081103 10,154 311,100 SH   SOLE 311,100 0 0
PHILIP MORRIS INTL INC COM 718172109 3,743 51,300 SH   SOLE 51,300 0 0
PREMIER INC CL A 74051N102 3,370 103,000 SH   SOLE 103,000 0 0
PROCTER & GAMBLE CO COM 742718109 629 5,720 SH   SOLE 5,720 0 0
QURATE RETAIL INC COM SER A 74915M100 2,564 420,000 SH   SOLE 420,000 0 0
RE MAX HLDGS INC CL A 75524W108 1,589 72,500 SH   SOLE 72,500 0 0
RESOURCES CONNECTION INC COM 76122Q105 1,958 178,500 SH   SOLE 178,500 0 0
SNAP ON INC COM 833034101 2,612 24,000 SH   SOLE 24,000 0 0
SPIRIT AEROSYSTEMS HLDGS INC COM CL A 848574109 294 12,300 SH   SOLE 12,300 0 0
SS&C TECHNOLOGIES HLDGS INC COM 78467J100 8,238 188,000 SH   SOLE 188,000 0 0
STEEL DYNAMICS INC COM 858119100 2,694 119,500 SH   SOLE 119,500 0 0
TECH DATA CORP COM 878237106 288 2,200 SH   SOLE 2,200 0 0
TWITTER INC COM 90184L102 1,081 44,000 SH   SOLE 44,000 0 0
USANA HEALTH SCIENCES INC COM 90328M107 2,166 37,500 SH   SOLE 37,500 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 56,835 1,057,790 SH   SOLE 1,057,790 0 0
VIACOMCBS INC CL B 92556H206 1,338 95,512 SH   SOLE 95,512 0 0
WABASH NATL CORP COM 929566107 1,928 267,000 SH   SOLE 267,000 0 0
WELLS FARGO CO NEW COM 949746101 6,125 213,405 SH   SOLE 213,405 0 0
WESTERN UN CO COM 959802109 2,504 138,100 SH   SOLE 138,100 0 0
WESTROCK CO COM 96145D105 27,737 981,495 SH   SOLE 981,495 0 0
WYNDHAM DESTINATIONS INC COM 98310W108 5,555 256,000 SH   SOLE 256,000 0 0
XEROX HOLDINGS CORP COM NEW 98421M106 2,936 155,000 SH   SOLE 155,000 0 0