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
Graphic Packaging Holding Com Common 388689101 263,742,419 17,880,842 SH   SOLE 0 16,431,842 1,449,000 0
Axalta Coating Systems Ltd Common g0750c108 261,371,646 8,669,043 SH   SOLE 0 7,919,143 749,900 0
Hanesbrands, Inc. Common 410345102 236,616,537 15,444,943 SH   SOLE 0 14,156,844 1,288,100 0
FireEye, Inc. Common 31816q101 216,866,685 16,256,873 SH   SOLE 0 14,902,568 1,354,305 0
WPX Energy Inc. Common 98212b103 155,727,485 14,705,145 SH   SOLE 0 13,032,304 1,672,841 0
Lions Gate Entertainment Corp. Cl B Cl B Common 535919500 155,392,008 17,779,406 SH   SOLE 0 16,201,941 1,577,465 0
FedEx Corporation Common 31428x106 146,540,806 1,006,669 SH   SOLE 0 1,005,259 1,410 0
Urban Outfitters, Inc. Common 917047102 143,874,171 5,121,900 SH   SOLE 0 4,385,850 736,050 0
Caesars Entertainment Corp. Common 127686103 139,622,856 11,974,516 SH   SOLE 0 10,995,116 979,400 0
Allscripts Healthcare Solutions, Inc. Common 01988p108 131,729,651 11,997,236 SH   SOLE 0 10,253,736 1,743,500 0
Bank of America Corp Common 060505104 128,707,053 4,412,309 SH   SOLE 0 4,408,659 3,650 0
Cadence Bancorporation Cl A Common 12739a100 125,745,172 7,169,052 SH   SOLE 0 6,027,702 1,141,350 0
IMAX Corporation Common 45245e109 125,231,444 5,705,305 SH   SOLE 0 4,892,793 812,512 0
Apple Inc. Common 037833100 124,220,480 554,629 SH   SOLE 0 554,145 485 0
AMC Networks Inc. Common 00164V103 121,197,589 2,465,370 SH   SOLE 0 2,098,300 367,070 0
Kroger Co.(The) Common 501044101 117,574,846 4,560,700 SH   SOLE 0 4,556,600 4,100 0
Entegris, Inc. Common 29362U104 112,410,998 2,388,674 SH   SOLE 0 2,157,947 230,727 0
Compass Minerals International, Inc. Common 20451N101 112,134,344 1,985,030 SH   SOLE 0 1,653,158 331,872 0
CBS Corporation Common 124857202 106,222,795 2,631,231 SH   SOLE 0 2,629,631 1,600 0
Regions Financial Corp Common 7591ep100 104,136,383 6,582,578 SH   SOLE 0 6,576,178 6,400 0
AT&T Inc. Common 00206r102 102,285,454 2,703,103 SH   SOLE 0 2,700,054 3,050 0
General Motors Company Common 37045v100 99,885,562 2,665,036 SH   SOLE 0 2,662,950 2,086 0
Merck & Co., Inc. Common 58933y105 95,274,924 1,131,800 SH   SOLE 0 1,129,100 2,700 0
Valvoline Inc. Common 92047w101 93,567,071 4,247,257 SH   SOLE 0 3,637,657 609,600 0
Walt Disney Company Common 254687106 92,061,132 706,423 SH   SOLE 0 705,624 800 0
Corning Inc. Common 219350105 86,977,444 3,049,700 SH   SOLE 0 3,046,550 3,150 0
PQ Group Holdings Inc. Common 73943t103 73,059,571 4,583,411 SH   SOLE 0 3,862,374 721,037 0
Devon Energy Corporation Common 25179m103 68,793,594 2,859,251 SH   SOLE 0 2,854,502 4,750 0
BWX Technologies, Inc. Common 05605H100 67,054,353 1,172,074 SH   SOLE 0 990,945 181,129 0
SemGroup Corporation Cl A Common 81663a105 55,364,135 3,388,258 SH   SOLE 0 2,786,808 601,450 0
GreenSky, Inc. Common 39572g100 53,141,773 7,763,590 SH   SOLE 0 6,624,080 1,139,510 0
Live Nation Entertainment, Inc. Common 538034109 44,882,260 676,549 SH   SOLE 0 633,404 43,145 0
iShares Trust Russell 2000 Value Index ETF 464287630 40,102,283 335,836 SH   SOLE 0 206,237 129,600 0
ChannelAdvisor Corporation Common 159179100 38,424,382 4,118,369 SH   SOLE 0 3,682,646 435,723 0
Acushnet Holdings Corp. Common 005098108 36,866,143 1,396,444 SH   SOLE 0 1,189,765 206,680 0
Liberty Braves Group (The) Cl C Common 531229888 34,805,964 1,254,269 SH   SOLE 0 1,052,469 201,800 0
Livent Corporation Common 53814l108 32,441,482 4,849,250 SH   SOLE 0 4,160,500 688,750 0
Ciena Corporation Common 171779309 29,241,257 745,380 SH   SOLE 0 638,787 106,593 0
Maxar Technologies Holdings Inc. Common 57778k105 28,912,839 3,804,321 SH   SOLE 0 3,404,724 399,597 0
Mosaic Co. Common 61945c103 27,295,119 1,331,469 SH   SOLE 0 1,329,669 1,800 0
iShares Russell 2000 ETF ETF 464287655 15,890,199 104,996 SH   SOLE 0 58,347 46,650 0
Liberty Media Corp Del Com A Braves Grp Cl A Common 531229706 11,678,080 419,622 SH   SOLE 0 322,022 97,600 0
Varex Imaging Corp Common 92214x106 10,897,856 381,845 SH   SOLE 0 280,350 101,495 0
Spdr Trust Series 1 ETF 78462F103 8,792,110 29,626 SH   SOLE 0 29,626 0 0
Goldman Sachs Group Common 38141g104 2,093,023 10,100 SH   SOLE 0 10,100 0 0
JPMorgan Chase 6.125 percent Pfd Preferred 48127R461 1,728,604 67,550 SH   SOLE 0 65,850 1,700 0
Lions Gate Entertainment Corp. Cl A Cl A Common 535919401 1,576,209 170,401 SH   SOLE 0 149,786 20,615 0
WESTLAKE CHEM PARTNERS COM UNIT RP LP Common 960417103 1,340,459 57,679 SH   SOLE 0 57,679 0 0
MID AMER APT CMNTYS IN PFD SER I 8.5 percent Preferred 59522J889 1,262,154 19,299 SH   SOLE 0 19,299 0 0
Verizon Communications Com Common 92343V104 1,222,358 20,251 SH   SOLE 0 20,251 0 0
Constellation Brands Inc. - A Cl A Common 21036p108 1,198,078 5,780 SH   SOLE 0 5,780 0 0
CITIGROUP INC DEP SHS PFD S Preferred 172967317 990,756 37,700 SH   SOLE 0 36,800 900 0
BANK AMER CORP DEP 1/1000 PFD Preferred 060505310 951,426 37,800 SH   SOLE 0 36,900 900 0
JP MORGAN CHASE AND CO Common 46625h100 692,017 5,880 SH   SOLE 0 5,880 0 0
Thermo Fisher Scientific, Inc Common 883556102 637,881 2,190 SH   SOLE 0 2,190 0 0
WELLS FARGO & CO NEW PFD SER X CL A Preferred 94988U672 637,500 25,000 SH   SOLE 0 25,000 0 0
Ciner Resources LP Common 172464109 538,828 29,189 SH   SOLE 0 29,189 0 0
Berkshire Hathaway Inc. Cl B Common 084670702 498,207 2,395 SH   SOLE 0 2,395 0 0
KKR REAL ESTATE FIN TR COM Common 48251k100 488,250 25,000 SH   SOLE 0 25,000 0 0
Morgan Stanley Common 617446448 469,370 11,000 SH   SOLE 0 11,000 0 0
Vail Resorts Inc Com Common 91879q109 455,120 2,000 SH   SOLE 0 2,000 0 0
Berkshire Hathaway Inc. Cl A Common 084990175 311,832 100 SH   SOLE 0 100 0 0
Microsoft Corp Common 594918104 307,478 2,211 SH   SOLE 0 2,212 0 0
Micron Technology Inc. Common 595112103 299,950 7,000 SH   SOLE 0 7,000 0 0
Cincinnati Bell 6.75 percent Series B Preferred 171871403 292,499 9,000 SH   SOLE 0 9,000 0 0
Procter & Gamble Co Common 742718109 289,833 2,330 SH   SOLE 0 2,330 0 0
CITIGROUP INC DEP SHS RP PFD K Preferred k17296734 281,000 10,000 SH   SOLE 0 10,000 0 0
REGIONS FINL CORP NEW DEP SHS PFD B Preferred 7591ep506 278,100 10,000 SH   SOLE 0 10,000 0 0
GOLDMAN SACHS GROUP IN DEP 1/1000 SER K Preferred k38148b10 278,000 10,000 SH   SOLE 0 10,000 0 0
GOLDMAN SACHS GROUP IN DEP 1/1000 SER N Preferred 38148b504 265,500 10,000 SH   SOLE 0 10,000 0 0
UNITED STATES CELLULAR SR NT 120163 Preferred 911684504 260,900 10,000 SH   SOLE 0 10,000 0 0
BANK AMER CORP DEP SHS PFD EE Preferred 060505260 258,700 10,000 SH   SOLE 0 10,000 0 0
WELLS FARGO & CO NEW DEP PFD V 1/1000 Preferred 94988U730 257,500 10,000 SH   SOLE 0 10,000 0 0
MORGAN STANLEY DEP 1/1000 PFD G Preferred 61762V507 254,600 10,000 SH   SOLE 0 10,000 0 0
Equifax Inc. Common 294429105 253,206 1,800 SH   SOLE 0 1,800 0 0
NUTRIEN LTD COM Common 67077M108 227,452 4,560 SH   SOLE 0 4,560 0 0
Royal Carriben Cruis Com Common v7780t103 216,660 2,000 SH   SOLE 0 2,000 0 0
CHARTER COMMUNICATIONS CL A Cl A Common 16119P108 206,060 500 SH   SOLE 0 500 0 0