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
Axiall Corporation Common 05463D100 212,956,287 4,740,790 SH   SOLE 0 4,411,915 328,875 0
ADT Corporation Common 00101j106 198,947,188 6,642,644 SH   SOLE 0 6,193,110 449,534 0
Cablevision Systems Corporation Cl A Common 12686C109 198,029,119 11,738,537 SH   SOLE 0 10,935,001 803,536 0
Live Nation Entertainment, Inc. Common 538034109 189,165,927 8,697,284 SH   SOLE 0 8,097,552 599,732 0
WPX Energy Inc. Common 98212b103 182,980,754 10,148,683 SH   SOLE 0 9,386,542 762,141 0
PerkinElmer, Inc. Common 714046109 163,358,496 3,625,355 SH   SOLE 0 3,380,680 244,675 0
Molson Coors Brewing Co Cl B Cl B Common 60871R209 152,048,918 2,583,230 SH   SOLE 0 2,552,030 31,200 0
VCA Antech, Inc. Common 918194101 150,869,404 4,681,024 SH   SOLE 0 4,354,906 326,118 0
Dynegy Inc. Common 26817R108 124,584,278 4,995,360 SH   SOLE 0 4,417,598 577,762 0
Entegris, Inc. Common 29362U104 123,692,291 10,214,062 SH   SOLE 0 9,188,762 1,025,300 0
Lindsay Corporation Common 535555106 122,004,437 1,383,584 SH   SOLE 0 1,235,984 147,600 0
Compass Minerals International, Inc. Common 20451N101 117,976,203 1,429,668 SH   SOLE 0 1,272,621 157,047 0
GrafTech International Ltd. Common 384313102 116,600,724 10,677,722 SH   SOLE 0 9,812,472 865,250 0
General Electric Com Common 369604103 114,376,151 4,417,773 SH   SOLE 0 4,357,623 60,150 0
Calgon Carbon Corp Common 129603106 105,860,787 4,849,326 SH   SOLE 0 4,332,876 516,450 0
Aaron's, Inc. Common 002535300 102,634,560 3,394,000 SH   SOLE 0 3,023,100 370,900 0
Pfizer Inc. Common 717081103 101,515,554 3,160,509 SH   SOLE 0 3,125,309 35,200 0
Exelis Inc. Common 30162A108 94,958,296 4,995,176 SH   SOLE 0 4,630,540 364,636 0
Corning Inc. Common 219350105 94,894,291 4,557,843 SH   SOLE 0 4,466,843 91,000 0
Devon Energy Corporation Common 25179m103 93,823,319 1,401,813 SH   SOLE 0 1,372,763 29,050 0
Babcock & Wilcox Company Common 05615f102 92,455,094 2,784,792 SH   SOLE 0 2,594,292 190,500 0
Mosaic Co. Common 61945c103 90,797,500 1,815,950 SH   SOLE 0 1,778,100 37,850 0
Microsoft Corp Common 594918104 90,754,568 2,214,066 SH   SOLE 0 2,173,166 40,900 0
Deere & Company Common 244199105 88,316,166 972,645 SH   SOLE 0 954,345 18,300 0
CST Brands, Inc. Common 12646r105 85,061,334 2,722,834 SH   SOLE 0 2,396,934 325,900 0
Bank of New York Mellon Corp. Common 064058100 85,041,630 2,409,794 SH   SOLE 0 2,361,994 47,800 0
WhiteWave Foods Company Cl A Common 966244105 76,660,238 2,686,063 SH   SOLE 0 2,497,972 188,091 0
General Motors Common 37045v100 76,233,106 2,214,791 SH   SOLE 0 2,177,108 37,683 0
Penske Automotive Group, Inc. Common 70959w103 69,652,833 1,628,925 SH   SOLE 0 1,453,049 175,876 0
Checkpoint Systems Inc Common 162825103 63,497,173 4,731,533 SH   SOLE 0 4,205,846 525,687 0
USG Corporation Common 903293405 52,993,312 1,619,600 SH   SOLE 0 1,430,400 189,200 0
Xylem Inc. Common 98419M100 42,713,012 1,172,790 SH   SOLE 0 1,161,490 11,300 0
Leidos Holdings Inc. Common 525327102 28,767,597 813,333 SH   SOLE 0 733,634 79,699 0
Knowles Corporation Common 49926d109 23,683,656 750,195 SH   SOLE 0 661,995 88,200 0
Ishares Russell 2000 ETF ETF 464287655 21,717,770 186,675 SH   SOLE 0 160,275 26,400 0
Ishares Trust Russell 2000 Value Index ETF 464287630 9,138,121 90,620 SH   SOLE 0 70,620 20,000 0
Spdr Trust Series 1 ETF 78462F103 3,901,810 20,864 SH   SOLE 0 20,864 0 0
POTASH CORP SASK INC COM Common 73755l107 1,376,360 38,000 SH   SOLE 0 38,000 0 0
Post Properties 8.50% Preferred 737464206 1,357,240 22,907 SH   SOLE 0 21,907 1,000 0
QEP RES INC COM Common 74733v100 1,030,400 35,000 SH   SOLE 0 35,000 0 0
Freeport Mcmoran Copper & Gold Cl B Common 35671D857 1,008,635 30,500 SH   SOLE 0 30,500 0 0
Pebblebrook Hotel Trust Series A Preferred 70509V209 763,551 29,595 SH   SOLE 0 26,395 3,200 0
iShares iBoxx $ High Yield Corporate Bd ETF 464288513 665,450 7,050 SH   SOLE 0 7,050 0 0
Constellation Brands Inc. - A Cl A Common 21036p108 528,938 6,225 SH   SOLE 0 6,225 0 0
NextEra Energy, Inc. Common 65339f101 513,288 5,368 SH   SOLE 0 5,214 154 0
E I Dupont Common 263534109 497,608 7,416 SH   SOLE 0 7,416 0 0
Walt Disney Company Common 254687106 436,378 5,450 SH   SOLE 0 5,450 0 0
Bill Barrett Corporation Common 06846N104 384,000 15,000 SH   SOLE 0 15,000 0 0
Cincinnati Bell 6.75% Series B Preferred 171871403 380,688 8,400 SH   SOLE 0 6,400 2,000 0
Johnson & Johnson Common 478160104 353,628 3,600 SH   SOLE 0 3,600 0 0
Bank Of America Corp Common 060505104 352,600 20,500 SH   SOLE 0 20,500 0 0
WELLS FARGO & CO NEW DEP SHS SER J Preferred 949746879 305,970 10,500 SH   SOLE 0 10,500 0 0
Thermo Fisher Scientific, Inc Common 883556102 269,338 2,240 SH   SOLE 0 2,240 0 0
Procter & Gamble Co Common 742718109 255,209 3,166 SH   SOLE 0 3,166 0 0
Scripps Networks Inter - CL A Cl A Common 811065101 235,321 3,100 SH   SOLE 0 3,100 0 0
RPC Energy Services Common 749660106 210,857 10,326 SH   SOLE 0 10,326 0 0