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 17,645 421,821 SH   SOLE   421,821 0 0
AMAZON COM INC COM COM 023135106 569 292 SH   SOLE   292 0 0
AMERICAN AIRLS GRP INC COM COM 02376r102 1,711 140,351 SH   SOLE   140,351 0 0
AMERICAN EXPRESS CO COM COM 025816109 3,684 43,037 SH   SOLE   43,037 0 0
AMGEN INC COM COM 031162100 4,653 22,951 SH   SOLE   22,951 0 0
APPLE COMPUTER COM 037833100 19,196 75,489 SH   SOLE   75,489 0 0
AT&T INC COM COM 00206r102 2,383 81,733 SH   SOLE   81,733 0 0
BEAZER HOMES USA INC COM NEW COM 07556Q881 3,582 556,224 SH   SOLE   556,224 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670702 402 2,197 SH   SOLE   2,197 0 0
BIG LOTS INC COM COM 089302103 1,574 110,659 SH   SOLE   110,659 0 0
BIO-RAD LABORATORIES COM 090572207 7,902 22,540 SH   SOLE   22,540 0 0
BP PLC SPONSORED ADR COM 055622104 229 9,398 SH   SOLE   9,398 0 0
BRISTOL-MYERS SQUIBB CO COM COM 110122108 262 4,707 SH   SOLE   4,707 0 0
CHEVRON CORP NEW COM COM 166764100 1,043 14,391 SH   SOLE   14,391 0 0
CISCO SYS INC COM COM 17275R102 6,405 162,947 SH   SOLE   162,947 0 0
COHEN & STEERS INC COM COM 19247A100 5,870 129,148 SH   SOLE   129,148 0 0
COLGATE PALMOLIVE CO COM COM 194162103 285 4,300 SH   SOLE   4,300 0 0
COMCAST CORP COM CL A COM 20030N101 8,446 245,671 SH   SOLE   245,671 0 0
DELL TECHNOLOGIES INC COM 24703L202 1,986 50,204 SH   SOLE   50,204 0 0
EOG RES INC COM COM 26875P101 2,140 59,578 SH   SOLE   59,578 0 0
ESTEE LAUDER COS INC COM COM 518439104 9,047 56,777 SH   SOLE   56,777 0 0
EXXON CORP COM COM 30231G102 325 8,562 SH   SOLE   8,562 0 0
FEC RESOURCES INC COM COM 30246x108 0 170,600 SH   SOLE   170,600 0 0
FOCUS FINANCIAL PARTNERS COM 34417P100 5,207 226,306 SH   SOLE   226,306 0 0
FOSSIL GROUP COM 34988V106 1,145 348,087 SH   SOLE   348,087 0 0
GATX CORP COM COM 361448103 5,325 85,112 SH   SOLE   85,112 0 0
GENERAL ELEC CO COM COM 369604103 1,685 212,173 SH   SOLE   212,173 0 0
HP INC COM 40434L105 2,354 135,571 SH   SOLE   135,571 0 0
HUDSON PACIFIC PROPERTIES COM 444097109 3,782 149,146 SH   SOLE   149,146 0 0
HYSTER YALE MATLS HAND CL A COM 449172105 2,937 73,272 SH   SOLE   73,272 0 0
INNOVEST GLOBAL INC COM COM 45781q102 1 10,000 SH   SOLE   10,000 0 0
INTEL CORP COM COM 458140100 9,928 183,449 SH   SOLE   183,449 0 0
J P MORGAN CHASE & CO COM COM 46625H100 7,731 85,867 SH   SOLE   85,867 0 0
JOHNSON & JOHNSON COM COM 478160104 6,446 49,161 SH   SOLE   49,161 0 0
KAISER ALUMINUM CORP COM PAR $ COM 483007704 5,394 77,852 SH   SOLE   77,852 0 0
LILLY ELI & CO COM COM 532457108 7,574 54,602 SH   SOLE   54,602 0 0
LKQ CORP COM COM 501889208 4,930 240,352 SH   SOLE   240,352 0 0
LOEWS CORP COM COM 540424108 1,672 48,000 SH   SOLE   48,000 0 0
LULULEMON ATHLETICA IN COM COM 550021109 12,746 67,244 SH   SOLE   67,244 0 0
MARCHEX INC CL B COM 56624r108 131 90,563 SH   SOLE   90,563 0 0
MERCK & CO INC NEW COM COM 58933Y105 7,695 100,012 SH   SOLE   100,012 0 0
MICROSOFT CORP COM COM 594918104 615 3,897 SH   SOLE   3,897 0 0
MOELIS & COMPANY COM 60786M105 5,259 187,163 SH   SOLE   187,163 0 0
NORDSON CORP COM COM 655663102 10,512 77,828 SH   SOLE   77,828 0 0
NORDSTROM INC COM COM 655664100 1,501 97,846 SH   SOLE   97,846 0 0
NOVAPET PRODUCTS INC COM COM 669875106 0 12,000 SH   SOLE   12,000 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 2,979 293,763 SH   SOLE   293,763 0 0
ORACLE CORP COM COM 68389X105 7,510 155,387 SH   SOLE   155,387 0 0
OVINTIV INC COM COM 69047q102 152 56,361 SH   SOLE   56,361 0 0
PFIZER INC COM COM 717081103 460 14,102 SH   SOLE   14,102 0 0
PHILIP MORRIS INTL INC COM COM 718172109 275 3,771 SH   SOLE   3,771 0 0
PROCTER & GAMBLE CO COM COM 742718109 374 3,398 SH   SOLE   3,398 0 0
PROGRESSIVE CORP OHIO COM COM 743315103 1,321 17,885 SH   SOLE   17,885 0 0
PULTE GROUP INC COM COM 745867101 9,572 428,861 SH   SOLE   428,861 0 0
SCHLUMBERGER LTD COM COM 806857108 1,236 91,646 SH   SOLE   91,646 0 0
SCHWAB CHARLES CORP NEW COM COM 808513105 8,509 253,081 SH   SOLE   253,081 0 0
SIMON PPTY GROUP NEW COM COM 828806109 2,218 40,427 SH   SOLE   40,427 0 0
SKYWORKS SOLUTIONS INC COM COM 83088m102 9,127 102,119 SH   SOLE   102,119 0 0
STARBUCKS CORP COM COM 855244109 675 10,261 SH   SOLE   10,261 0 0
STEM CELL AUTH LTD COM 85857c108 0 10,000 SH   SOLE   10,000 0 0
STRYKER CORP COM COM 863667101 3,194 19,187 SH   SOLE   19,187 0 0
SVB FINL GROUP COM COM 78486q101 6,589 43,610 SH   SOLE   43,610 0 0
TENET HEALTHCARE CORP COM COM 88033g407 2,915 202,431 SH   SOLE   202,431 0 0
TERADYNE INC COM COM 880770102 11,689 215,787 SH   SOLE   215,787 0 0
TETRA TECH INC NEW COM COM 88162G103 8,576 121,445 SH   SOLE   121,445 0 0
ULTA BEAUTY, INC COM 90384S303 3,338 18,995 SH   SOLE   18,995 0 0
UNITED NAT FOOD INC COM COM 911163103 1,862 202,816 SH   SOLE   202,816 0 0
VERIZON COMMUNICATIONS COM COM 92343V104 244 4,547 SH   SOLE   4,547 0 0
VERRA MOBILITY CORP COM 92511u102 1,913 267,989 SH   SOLE   267,989 0 0
VIRNETX HOLDING CORP COM 92823T108 76 13,836 SH   SOLE   13,836 0 0
VISA INC COM CL A COM 92826c839 411 2,550 SH   SOLE   2,550 0 0
WALT DISNEY CO COM COM 254687106 5,673 58,724 SH   SOLE   58,724 0 0
WELLS FARGO & CO NEW COM COM 949746101 3,112 108,435 SH   SOLE   108,435 0 0
WEYERHAEUSER CO COM COM 962166104 3,625 213,892 SH   SOLE   213,892 0 0
LAZARD EMERGING MARKETS EQUITY MEUS 52106N392 381 42,839 SH   SOLE   42,839 0 0
LAZARD FDS INC EMERG MKT RETL MEUS 52106n764 1,462 109,992 SH   SOLE   109,992 0 0
LAZARD FDS INC EMKTS EQBL OPN MEUS 52106N418 897 100,411 SH   SOLE   100,411 0 0