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
AMN Healthcare Services, Inc. COM 001744101 352 6,200 SH   SOLE   6,200 0 0
AT&T, Inc. COM 00206R102 3,440 96,500 SH   SOLE   96,500 0 0
AU Optronics Corp. SPONSORED ADR 002255107 260 57,000 SH   SOLE   57,000 0 0
AbbVie, Inc. COM 00287Y109 1,685 17,800 SH   SOLE   17,800 0 0
ABIOMED, Inc. COM 003654100 742 2,550 SH   SOLE   2,550 0 0
Adobe Systems, Inc. COM 00724F101 432 2,000 SH   SOLE   2,000 0 0
Advance Auto Parts, Inc. COM 00751Y106 640 5,400 SH   SOLE   5,400 0 0
AECOM COM 00766T100 926 26,000 SH   SOLE   26,000 0 0
Aegon NV NY REGISTRY SH 007924103 311 46,000 SH   SOLE   46,000 0 0
Agree Realty Corp. COM 008492100 327 6,800 SH   SOLE   6,800 0 0
Alaska Air Group, Inc. COM 011659109 1,177 19,000 SH   SOLE   19,000 0 0
Ally Financial, Inc. COM 02005N100 4,387 161,600 SH   SOLE   161,600 0 0
Alphabet, Inc. CAP STK CL C 02079K107 258 250 SH   SOLE   250 0 0
Alphabet, Inc. CAP STK CL A 02079K305 259 250 SH   SOLE   250 0 0
Altria Group, Inc. COM 02209S103 256 4,100 SH   SOLE   4,100 0 0
AMERCO COM 023586100 311 900 SH   SOLE   900 0 0
AmerisourceBergen Corp. COM 03073E105 948 11,000 SH   SOLE   11,000 0 0
Amgen, Inc. COM 031162100 290 1,700 SH   SOLE   1,700 0 0
AmTrust Financial Services, Inc. COM 032359309 1,046 85,000 SH   SOLE   85,000 0 0
Analog Devices, Inc. COM 032654105 273 3,000 SH   SOLE   3,000 0 0
Andeavor COM 03349M105 1,006 10,000 SH   SOLE   10,000 0 0
Anheuser-Busch InBev SA/NV SPONSORED ADR 03524A108 264 2,400 SH   SOLE   2,400 0 0
Antero Resources Corp. COM 03674X106 647 32,600 SH   SOLE   32,600 0 0
Apollo Global Management LLC CL A SHS 037612306 329 11,100 SH   SOLE   11,100 0 0
Apollo Commercial Real Estate Finance, Inc. COM 03762U105 9,170 510,000 SH   SOLE   510,000 0 0
Apple, Inc. COM 037833100 1,778 10,600 SH   SOLE   10,600 0 0
Arbor Realty Trust, Inc. COM 038923108 441 50,000 SH   SOLE   50,000 0 0
Ares Commercial Real Estate Corp. COM 04013V108 2,841 230,000 SH   SOLE   230,000 0 0
Armada Hoffler Properties, Inc. COM 04208T108 312 22,800 SH   SOLE   22,800 0 0
AstraZeneca PLC SPONSORED ADR 046353108 1,357 38,800 SH   SOLE   38,800 0 0
Automatic Data Processing, Inc. COM 053015103 397 3,500 SH   SOLE   3,500 0 0
AutoZone, Inc. COM 053332102 272 420 SH   SOLE   420 0 0
Avangrid, Inc. COM 05351W103 353 6,900 SH   SOLE   6,900 0 0
B&G Foods, Inc. COM 05508R106 356 15,000 SH   SOLE   15,000 0 0
BCE, Inc. COM NEW 05534B760 200 4,650 SH   SOLE   4,650 0 0
BGC Partners, Inc. CL A 05541T101 5,380 400,000 SH   SOLE   400,000 0 0
BP PLC SPONSORED ADR 055622104 6,720 165,750 SH   SOLE   165,750 0 0
Banco Bradesco SA SP ADR PFD NEW 059460303 285 24,000 SH   SOLE   24,000 0 0
Banco Macro S.A. SPON ADR B 05961W105 367 3,400 SH   SOLE   3,400 0 0
Banco Santander SA ADR 05964H105 293 44,800 SH   SOLE   44,800 0 0
Bank of America Corp. COM 060505104 2,129 71,000 SH   SOLE   71,000 0 0
Bank of the Ozarks, Inc. COM 063904106 241 5,000 SH   SOLE   5,000 0 0
Bank of Nova Scotia/The COM 064149107 204 3,300 SH   SOLE   3,300 0 0
Berkshire Hathaway, Inc. CL A 084670108 299 1 SH   SOLE   1 0 0
Black Hills Corp. COM 092113109 277 5,100 SH   SOLE   5,100 0 0
Blackbaud, Inc. COM 09227Q100 295 2,900 SH   SOLE   2,900 0 0
Blackstone Mortgage Trust, Inc. COM CL A 09257W100 2,828 90,000 SH   SOLE   90,000 0 0
Boeing Co./The COM 097023105 1,312 4,000 SH   SOLE   4,000 0 0
Bojangles', Inc. COM 097488100 339 24,500 SH   SOLE   24,500 0 0
Brighthouse Financial, Inc. COM 10922N103 786 15,300 SH   SOLE   15,300 0 0
British American Tobacco PLC SPONSORED ADR 110448107 208 3,600 SH   SOLE   3,600 0 0
Brookfield Asset Management, Inc. CL A LTD VT SH 112585104 351 9,000 SH   SOLE   9,000 0 0
CDK Global, Inc. COM 12508E101 348 5,500 SH   SOLE   5,500 0 0
CDW Corp. COM 12514G108 366 5,200 SH   SOLE   5,200 0 0
CF Industries Holdings, Inc. COM 125269100 490 13,000 SH   SOLE   13,000 0 0
CVS Health Corp. COM 126650100 622 10,000 SH   SOLE   10,000 0 0
CA, Inc. COM 12673P105 247 7,300 SH   SOLE   7,300 0 0
Cadence Design Systems, Inc. COM 127387108 254 6,900 SH   SOLE   6,900 0 0
Camden Property Trust SH BEN INT 133131102 210 2,500 SH   SOLE   2,500 0 0
Cantel Medical Corp. COM 138098108 902 8,100 SH   SOLE   8,100 0 0
Capitala Finance Corp., 5.75 5.75% NT CV 22 14054R403 263 10,695 SH   SOLE   10,695 0 0
Carnival Corp. UNIT 99/99/9999 143658300 1,640 25,000 SH   SOLE   25,000 0 0
Centene Corp. COM 15135B101 374 3,500 SH   SOLE   3,500 0 0
CenturyLink, Inc. COM 156700106 322 19,600 SH   SOLE   19,600 0 0
CEVA, Inc. COM 157210105 308 8,500 SH   SOLE   8,500 0 0
Charles River Laboratories International, Inc. COM 159864107 320 3,000 SH   SOLE   3,000 0 0
Charter Financial Corp. COM 16122W108 379 18,600 SH   SOLE   18,600 0 0
Chemed Corp. COM 16359R103 327 1,200 SH   SOLE   1,200 0 0
Chesapeake Utilities Corp. COM 165303108 492 7,000 SH   SOLE   7,000 0 0
Chevron Corp. COM 166764100 1,431 12,550 SH   SOLE   12,550 0 0
Children's Place, Inc./The COM 168905107 555 4,100 SH   SOLE   4,100 0 0
Chimera Investment Corp. COM NEW 16934Q208 218 12,500 SH   SOLE   12,500 0 0
Choice Hotels International, Inc. COM 169905106 665 8,300 SH   SOLE   8,300 0 0
Chunghwa Telecom Co., Ltd. SPON ADR NEW11 17133Q502 330 8,500 SH   SOLE   8,500 0 0
Cirrus Logic, Inc. COM 172755100 252 6,200 SH   SOLE   6,200 0 0
Cisco Systems, Inc. COM 17275R102 2,380 55,500 SH   SOLE   55,500 0 0
Cintas Corp. COM 172908105 392 2,300 SH   SOLE   2,300 0 0
Citigroup, Inc. COM NEW 172967424 2,025 30,000 SH   SOLE   30,000 0 0
Coca-Cola Co./The COM 191216100 651 15,000 SH   SOLE   15,000 0 0
Coherent, Inc. COM 192479103 206 1,100 SH   SOLE   1,100 0 0
CommScope Holding Co., Inc. COM 20337X109 735 18,400 SH   SOLE   18,400 0 0
Cia Cervecerias Unidas SA SPONSORED ADR 204429104 382 13,000 SH   SOLE   13,000 0 0
Compass Minerals International, Inc. COM 20451N101 1,164 19,300 SH   SOLE   19,300 0 0
Compass Diversified Holdings LLC SH BEN INT 20451Q104 902 55,000 SH   SOLE   55,000 0 0
Conn's, Inc. COM 208242107 291 8,550 SH   SOLE   8,550 0 0
ConocoPhillips COM 20825C104 1,304 22,000 SH   SOLE   22,000 0 0
Constellation Brands, Inc. CL A 21036P108 387 1,700 SH   SOLE   1,700 0 0
Convergys Corp. COM 212485106 271 12,000 SH   SOLE   12,000 0 0
Copart, Inc. COM 217204106 479 9,400 SH   SOLE   9,400 0 0
CorEnergy Infrastructure Trust, Inc., DEP SHS REPSTG 21870U304 984 39,502 SH   SOLE   39,502 0 0
CoreLogic, Inc. COM 21871D103 317 7,000 SH   SOLE   7,000 0 0
Covanta Holding Corp. COM 22282E102 1,015 70,000 SH   SOLE   70,000 0 0
Cracker Barrel Old Country Store, Inc. COM 22410J106 1,735 10,900 SH   SOLE   10,900 0 0
Credit Suisse Group AG SPONSORED ADR 225401108 336 20,000 SH   SOLE   20,000 0 0
Cresud S.A. SPONSORED ADR 226406106 345 17,131 SH   SOLE   17,131 0 0
Crown Castle International Corp. COM 22822V101 296 2,700 SH   SOLE   2,700 0 0
DTE Energy Co. COM 233331107 230 2,200 SH   SOLE   2,200 0 0
DaVita, Inc. COM 23918K108 884 13,400 SH   SOLE   13,400 0 0
Devon Energy Corp. COM 25179M103 432 13,600 SH   SOLE   13,600 0 0
Walt Disney Co./The COM DISNEY 254687106 1,075 10,700 SH   SOLE   10,700 0 0
Dorman Products, Inc. COM 258278100 285 4,300 SH   SOLE   4,300 0 0
Douglas Dynamics, Inc. COM 25960R105 377 8,700 SH   SOLE   8,700 0 0
DowDuPont, Inc. COM 26078J100 1,593 25,000 SH   SOLE   25,000 0 0
EQT Corp. COM 26884L109 570 12,000 SH   SOLE   12,000 0 0
E TRADE Financial Corp. COM NEW 269246401 610 11,000 SH   SOLE   11,000 0 0
Eastman Chemical Co. COM 277432100 1,425 13,500 SH   SOLE   13,500 0 0
Eldorado Resorts, Inc. COM 28470R102 264 8,000 SH   SOLE   8,000 0 0
Electronic Arts, Inc. COM 285512109 303 2,500 SH   SOLE   2,500 0 0
Ellie Mae, Inc. COM 28849P100 322 3,500 SH   SOLE   3,500 0 0
Ellington Financial LLC COM 288522303 1,999 135,000 SH   SOLE   135,000 0 0
Emergent BioSolutions, Inc. COM 29089Q105 453 8,600 SH   SOLE   8,600 0 0
Emerson Electric Co. COM 291011104 546 8,000 SH   SOLE   8,000 0 0
Enel Americas S.A. SPONSORED ADR 29274F104 244 21,000 SH   SOLE   21,000 0 0
Entercom Communications Corp. CL A 293639100 511 53,000 SH   SOLE   53,000 0 0
Ethan Allen Interiors, Inc. COM 297602104 689 30,000 SH   SOLE   30,000 0 0
Euronet Worldwide, Inc. COM 298736109 300 3,800 SH   SOLE   3,800 0 0
Evercore Partners, Inc. CLASS A 29977A105 305 3,500 SH   SOLE   3,500 0 0
Extra Space Storage, Inc. COM 30225T102 341 3,900 SH   SOLE   3,900 0 0
Exxon Mobil Corp. COM 30231G102 3,731 50,000 SH   SOLE   50,000 0 0
FactSet Research Systems, Inc. COM 303075105 399 2,000 SH   SOLE   2,000 0 0
Fastenal Co. COM 311900104 1,365 25,000 SH   SOLE   25,000 0 0
FedEx Corp. COM 31428X106 1,681 7,000 SH   SOLE   7,000 0 0
Fidelity National Information Services, Inc. COM 31620M106 385 4,000 SH   SOLE   4,000 0 0
Financial Engines, Inc. COM 317485100 322 9,200 SH   SOLE   9,200 0 0
First American Financial Corp. COM 31847R102 2,045 34,850 SH   SOLE   34,850 0 0
First Trust Preferred Securities and Income Fund PFD SECS INC ETF 33739E108 195 10,000 SH   SOLE   10,000 0 0
Five Below, Inc. COM 33829M101 345 4,700 SH   SOLE   4,700 0 0
Fomento Economico Mexicano SAB de CV SPON ADR UNITS 344419106 293 3,200 SH   SOLE   3,200 0 0
Foot Locker, Inc. COM 344849104 319 7,000 SH   SOLE   7,000 0 0
Freeport-McMoRan, Inc. CL B 35671D857 448 25,500 SH   SOLE   25,500 0 0
Fresenius Medical Care AG & Co. KGaA SPONSORED ADR 358029106 347 6,800 SH   SOLE   6,800 0 0
GCI Liberty, Inc. COM CLASS A 36164V305 296 5,600 SH   SOLE   5,600 0 0
Gartner, Inc. COM 366651107 353 3,000 SH   SOLE   3,000 0 0
Gencor Industries, Inc. COM 368678108 287 17,835 SH   SOLE   17,835 0 0
Gentex Corp. COM 371901109 414 18,000 SH   SOLE   18,000 0 0
Getty Realty Corp. COM 374297109 303 12,000 SH   SOLE   12,000 0 0
Gilead Sciences, Inc. COM 375558103 3,016 40,000 SH   SOLE   40,000 0 0
Global X SuperIncome Preferred ETF GLBX SUPRINC ETF 37950E333 195 16,400 SH   SOLE   16,400 0 0
Golden Entertainment, Inc. COM 381013101 332 14,300 SH   SOLE   14,300 0 0
Graco, Inc. COM 384109104 411 9,000 SH   SOLE   9,000 0 0
W.W. Grainger, Inc. COM 384802104 1,411 5,000 SH   SOLE   5,000 0 0
Granite Construction, Inc. COM 387328107 490 8,775 SH   SOLE   8,775 0 0
Granite Point Mortgage Trust, Inc. COM 38741L107 4,300 259,947 SH   SOLE   259,947 0 0
Graphic Packaging Holding Co. COM 388689101 338 22,000 SH   SOLE   22,000 0 0
Grupo Financiero Galicia S.A. SP ADR 10 SH B 399909100 316 4,800 SH   SOLE   4,800 0 0
GrubHub, Inc. COM 400110102 812 8,000 SH   SOLE   8,000 0 0
HFF, Inc. CL A 40418F108 338 6,800 SH   SOLE   6,800 0 0
Hackett Group, Inc. COM 404609109 1,054 65,650 SH   SOLE   65,650 0 0
Hanesbrands, Inc. COM 410345102 737 40,000 SH   SOLE   40,000 0 0
Hannon Armstrong Sustainable Infrastructure COM 41068X100 285 14,600 SH   SOLE   14,600 0 0
Hanover Insurance Group, Inc. COM 410867105 354 3,000 SH   SOLE   3,000 0 0
Harris Corp. COM 413875105 387 2,400 SH   SOLE   2,400 0 0
Helmerich & Payne, Inc. COM 423452101 266 4,000 SH   SOLE   4,000 0 0
Hershey Co./The COM 427866108 495 5,000 SH   SOLE   5,000 0 0
Hewlett Packard Enterprise Co. COM 42824C109 1,052 60,000 SH   SOLE   60,000 0 0
Hexcel Corp. COM 428291108 381 5,900 SH   SOLE   5,900 0 0
Hill-Rom Holdings, Inc. COM 431475102 200 2,300 SH   SOLE   2,300 0 0
Home Depot, Inc./The COM 437076102 1,961 11,000 SH   SOLE   11,000 0 0
Honeywell International, Inc. COM 438516106 1,156 8,000 PRN   SOLE   8,000 0 0
Hooker Furniture Corp. COM 439038100 220 6,000 SH   SOLE   6,000 0 0
Huron Consulting Group, Inc. NOTE 1.250%10/0 447462AB8 3,780 4,000,000 SH   SOLE   4,000,000 0 0
Itau CorpBanca SPONSORED ADR 45033E105 293 20,000 SH   SOLE   20,000 0 0
IDEX Corp. COM 45167R104 335 2,350 SH   SOLE   2,350 0 0
Independent Bank Group, Inc. COM 45384B106 378 5,350 SH   SOLE   5,350 0 0
ING Groep NV SPONSORED ADR 456837103 271 16,000 SH   SOLE   16,000 0 0
Inogen, Inc. COM 45780L104 553 4,500 SH   SOLE   4,500 0 0
Integrated Device Technology, Inc. COM 458118106 351 11,500 SH   SOLE   11,500 0 0
Intel Corp. COM 458140100 2,521 48,400 SH   SOLE   48,400 0 0
InterDigital, Inc. COM 45867G101 1,104 15,000 SH   SOLE   15,000 0 0
International Business Machines Corp. COM 459200101 7,134 46,500 SH   SOLE   46,500 0 0
International Paper Co. COM 460146103 310 5,800 SH   SOLE   5,800 0 0
Intuit, Inc. COM 461202103 399 2,300 SH   SOLE   2,300 0 0
Iron Mountain, Inc. COM 46284V101 260 7,900 SH   SOLE   7,900 0 0
IiShares International Preferred Stock ETF INTL PFD STK ETF 46429B135 188 10,400 SH   SOLE   10,400 0 0
Johnson & Johnson COM 478160104 1,076 8,400 SH   SOLE   8,400 0 0
KAR Auction Services, Inc. COM 48238T109 331 6,100 SH   SOLE   6,100 0 0
KB Home COM 48666K109 239 8,400 SH   SOLE   8,400 0 0
Keysight Technologies, Inc. COM 49338L103 519 9,900 SH   SOLE   9,900 0 0
Knoll, Inc. COM NEW 498904200 287 14,200 SH   SOLE   14,200 0 0
Koninklijke Philips NV NY REG SH NEW 500472303 310 8,100 SH   SOLE   8,100 0 0
Kraft Heinz Co./The COM 500754106 561 9,000 SH   SOLE   9,000 0 0
LKQ Corp. COM 501889208 288 7,600 SH   SOLE   7,600 0 0
LCI Industries COM 50189K103 279 2,680 SH   SOLE   2,680 0 0
LPL Financial Holdings, Inc. COM 50212V100 2,248 36,815 SH   SOLE   36,815 0 0
Ladder Capital Corp. CL A 505743104 5,580 370,000 SH   SOLE   370,000 0 0
Lam Research Corp. COM 512807108 2,133 10,500 SH   SOLE   10,500 0 0
Las Vegas Sands Corp. COM 517834107 316 4,400 SH   SOLE   4,400 0 0
Lear Corp. COM NEW 521865204 372 2,000 SH   SOLE   2,000 0 0
Leggett & Platt, Inc. COM 524660107 2,218 50,000 SH   SOLE   50,000 0 0
Legg Mason, Inc. COM 524901105 203 5,000 SH   SOLE   5,000 0 0
LeMaitre Vascular, Inc. COM 525558201 308 8,500 SH   SOLE   8,500 0 0
Liberty Broadband Corp. COM SER A 530307107 314 3,700 SH   SOLE   3,700 0 0
Liberty Broadband Corp. COM SER C 530307305 308 3,600 SH   SOLE   3,600 0 0
Liberty SiriusXM Group COM A SIRIUSXM 531229409 296 7,200 SH   SOLE   7,200 0 0
Eli Lilly & Co. COM 532457108 464 6,000 SH   SOLE   6,000 0 0
Lincoln National Corp. COM 534187109 2,338 32,000 SH   SOLE   32,000 0 0
Littelfuse, Inc. COM 537008104 325 1,560 SH   SOLE   1,560 0 0
Lowe's Cos., Inc. COM 548661107 1,457 16,600 SH   SOLE   16,600 0 0
M.D.C. Holdings, Inc. COM 552676108 260 9,298 SH   SOLE   9,298 0 0
MFA Financial, Inc. COM 55272X102 3,539 470,000 SH   SOLE   470,000 0 0
MSC Industrial Direct Co., Inc. CL A 553530106 2,054 22,400 SH   SOLE   22,400 0 0
Macquarie Infrastructure Corp. NOTE 2.875% 7/1 55608BAA3 1,988 2,000,000 SH   SOLE   2,000,000 0 0
Magna International, Inc. COM 559222401 845 15,000 SH   SOLE   15,000 0 0
Main Street Capital Corp. COM 56035L104 325 8,800 SH   SOLE   8,800 0 0
Manning & Napier, Inc. CL A 56382Q102 289 82,600 SH   SOLE   82,600 0 0
Markel Corp. COM 570535104 351 300 SH   SOLE   300 0 0
Masimo Corp. COM 574795100 325 3,700 SH   SOLE   3,700 0 0
MAXIMUS, Inc. COM 577933104 1,038 15,550 SH   SOLE   15,550 0 0
McDonald's Corp. COM 580135101 1,095 7,000 SH   SOLE   7,000 0 0
Medidata Solutions, Inc. COM 58471A105 289 4,600 SH   SOLE   4,600 0 0
Medley Management, Inc. CL A COM 58503T106 114 20,000 SH   SOLE   20,000 0 0
Merck & Co., Inc. COM 58933Y105 899 16,500 SH   SOLE   16,500 0 0
Mercury Systems, Inc. COM 589378108 314 6,500 SH   SOLE   6,500 0 0
Meredith Corp. COM 589433101 231 4,300 SH   SOLE   4,300 0 0
Mesa Laboratories, Inc. COM 59064R109 460 3,100 SH   SOLE   3,100 0 0
MetLife, Inc. COM 59156R108 1,620 35,300 SH   SOLE   35,300 0 0
Microsoft Corp. COM 594918104 1,552 17,000 SH   SOLE   17,000 0 0
MiMedx Group, Inc. COM 602496101 185 26,500 SH   SOLE   26,500 0 0
Monsanto Co. COM 61166W101 1,167 10,000 SH   SOLE   10,000 0 0
Morningstar, Inc. COM 617700109 724 7,575 SH   SOLE   7,575 0 0
Motorola Solutions, Inc. COM NEW 620076307 1,737 16,500 SH   SOLE   16,500 0 0
Mueller Industries, Inc. COM 624756102 1,072 40,983 SH   SOLE   40,983 0 0
NIC Inc COM 62914B100 303 22,800 SH   SOLE   22,800 0 0
NN, Inc. COM 629337106 931 38,800 SH   SOLE   38,800 0 0
NRG Yield, Inc. CL C 62942X405 282 16,600 SH   SOLE   16,600 0 0
NVR, Inc. COM 62944T105 308 110 SH   SOLE   110 0 0
NV5 Global, Inc. COM 62945V109 558 10,000 SH   SOLE   10,000 0 0
National Fuel Gas Co. COM 636180101 515 10,000 SH   SOLE   10,000 0 0
National Storage Affiliates Trust COM SHS BEN IN 637870106 334 13,300 SH   SOLE   13,300 0 0
Neogen Corp. COM 640491106 330 4,933 SH   SOLE   4,933 0 0
NetScout Systems, Inc. COM 64115T104 319 12,100 SH   SOLE   12,100 0 0
New Jersey Resources Corp. COM 646025106 373 9,300 SH   SOLE   9,300 0 0
New Residential Investment Corp. COM NEW 64828T201 20,892 1,270,000 SH   SOLE   1,270,000 0 0
Newell Brands, Inc. COM 651229106 609 23,900 SH   SOLE   23,900 0 0
Nexstar Media Group, Inc. CL A 65336K103 279 4,200 SH   SOLE   4,200 0 0
NIKE, Inc. CL B 654106103 326 4,900 SH   SOLE   4,900 0 0
Noah Holdings Ltd. SPON ADS CL A 65487X102 340 7,200 SH   SOLE   7,200 0 0
Novartis AG SPONSORED ADR 66987V109 283 3,500 SH   SOLE   3,500 0 0
Novanta, Inc. COM 67000B104 412 7,900 SH   SOLE   7,900 0 0
Novo Nordisk A/S ADR 670100205 271 5,500 SH   SOLE   5,500 0 0
Nutrien Ltd. COM 67077M108 263 5,575 SH   SOLE   5,575 0 0
Occidental Petroleum Corp. COM 674599105 520 8,000 SH   SOLE   8,000 0 0
Ollie's Bargain Outlet Holdings, Inc. COM 681116109 730 12,100 SH   SOLE   12,100 0 0
Omnicom Group, Inc. COM 681919106 690 9,500 SH   SOLE   9,500 0 0
ONEOK, Inc. COM 682680103 1,025 18,000 SH   SOLE   18,000 0 0
Open Text Corp. COM 683715106 268 7,700 SH   SOLE   7,700 0 0
Orange SA SPONSORED ADR 684060106 222 13,000 SH   SOLE   13,000 0 0
Ormat Technologies, Inc. COM 686688102 259 4,600 SH   SOLE   4,600 0 0
PPG Industries, Inc. COM 693506107 513 4,600 SH   SOLE   4,600 0 0
PPL Corp. COM 69351T106 707 25,000 SH   SOLE   25,000 0 0
Palo Alto Networks, Inc. COM 697435105 290 1,600 SH   SOLE   1,600 0 0
Park Hotels & Resorts, Inc. COM 700517105 284 10,500 SH   SOLE   10,500 0 0
Party City Holdco, Inc. COM 702149105 858 55,000 PRN   SOLE   55,000 0 0
Paychex, Inc. COM 704326107 216 3,500 SH   SOLE   3,500 0 0
Paycom Software, Inc. COM 70432V102 1,009 9,400 SH   SOLE   9,400 0 0
PennyMac Corp. NOTE 5.375% 5/0 70932AAB9 1,004 1,000,000 SH   SOLE   1,000,000 0 0
Pfizer, Inc. COM 717081103 1,984 55,900 SH   SOLE   55,900 0 0
Pinnacle Foods, Inc. COM 72348P104 812 15,000 SH   SOLE   15,000 0 0
Plains GP Holdings LP LTD PARTNR INT A 72651A207 435 20,000 SH   SOLE   20,000 0 0
PowerShares Preferred Portfolio PFD PORTFOLIO 73936T565 200 13,700 SH   SOLE   13,700 0 0
T. Rowe Price Group, Inc. COM 74144T108 1,080 10,000 SH   SOLE   10,000 0 0
Procter & Gamble Co./The COM 742718109 214 2,700 SH   SOLE   2,700 0 0
Provident Financial Services, Inc. COM 74386T105 256 10,000 SH   SOLE   10,000 0 0
Putnam High Income Securities Fund SHS BEN INT 746779107 197 21,800 SH   SOLE   21,800 0 0
QUALCOMM, Inc. COM 747525103 1,108 20,000 SH   SOLE   20,000 0 0
Raymond James Financial, Inc. COM 754730109 313 3,500 SH   SOLE   3,500 0 0
Regeneron Pharmaceuticals, Inc. COM 75886F107 241 700 SH   SOLE   700 0 0
Reliance Steel & Aluminum Co. COM 759509102 952 11,100 SH   SOLE   11,100 0 0
RELX NV SPONSORED ADR 75955B102 352 16,918 SH   SOLE   16,918 0 0
Rio Tinto PLC SPONSORED ADR 767204100 1,293 25,100 SH   SOLE   25,100 0 0
Robert Half International, Inc. COM 770323103 359 6,200 SH   SOLE   6,200 0 0
Rockwell Collins, Inc. COM 774341101 324 2,400 SH   SOLE   2,400 0 0
Rogers Communications, Inc. CL B 775109200 326 7,300 SH   SOLE   7,300 0 0
Royal Bank of Canada COM 780087102 286 3,700 SH   SOLE   3,700 0 0
Royal Dutch Shell PLC ADR SPONS ADR A 780259206 6,381 100,000 SH   SOLE   100,000 0 0
SPDR Wells Fargo Preferred Stock ETF WELLS FG PFD ETF 78464A292 204 4,700 SH   SOLE   4,700 0 0
SVB Financial Group COM 78486Q101 240 1,000 PRN   SOLE   1,000 0 0
Safety Insurance Group, Inc. COM 78648T100 238 3,100 SH   SOLE   3,100 0 0
Sanofi SPONSORED ADR 80105N105 445 11,100 SH   SOLE   11,100 0 0
SAP SE SPON ADR 803054204 358 3,400 SH   SOLE   3,400 0 0
Schlumberger Ltd. COM 806857108 1,658 25,600 SH   SOLE   25,600 0 0
Schweitzer-Mauduit International, Inc. COM 808541106 1,135 29,000 SH   SOLE   29,000 0 0
SemGroup Corp. CL A 81663A105 3,103 145,000 SH   SOLE   145,000 0 0
Silicon Motion Technology Corp. SPONSORED ADR 82706C108 351 7,300 SH   SOLE   7,300 0 0
SSR Mining, Inc. NOTE 2.875% 2/0 82823LAC0 1,492 1,500,000 PRN   SOLE   1,500,000 0 0
Sinopec Shanghai Petrochemical Co. Ltd. SPON ADR H 82935M109 245 4,000 SH   SOLE   4,000 0 0
Skyworks Solutions, Inc. COM 83088M102 1,404 14,000 SH   SOLE   14,000 0 0
A.O. Smith Corp. COM 831865209 337 5,300 SH   SOLE   5,300 0 0
Sotheby's COM 835898107 259 5,050 SH   SOLE   5,050 0 0
Southwest Airlines Co. COM 844741108 974 17,000 SH   SOLE   17,000 0 0
Spectrum Brands Holdings, Inc. COM 84763R101 280 2,700 SH   SOLE   2,700 0 0
Spirit Realty Capital, Inc. NOTE 2.875% 5/1 84860WAA0 2,492 2,500,000 SH   SOLE   2,500,000 0 0
Starbucks Corp. COM 855244109 1,042 18,000 SH   SOLE   18,000 0 0
Starwood Property Trust, Inc. COM 85571B105 3,981 190,000 SH   SOLE   190,000 0 0
Steelcase, Inc. CL A 858155203 282 20,700 SH   SOLE   20,700 0 0
Sumitomo Mitsui Financial Group, Inc. SPONSORED ADR 86562M209 281 33,000 SH   SOLE   33,000 0 0
Sunoco LP COM U REP LP 86765K109 245 9,600 SH   SOLE   9,600 0 0
Synchrony Financial COM 87165B103 604 18,000 SH   SOLE   18,000 0 0
T-Mobile US, Inc. COM 872590104 256 4,200 SH   SOLE   4,200 0 0
TTM Technologies, Inc. COM 87305R109 400 26,150 PRN   SOLE   26,150 0 0
Taiwan Semiconductor Manufacturing Co. Ltd. SPONSORED ADR 874039100 689 15,750 SH   SOLE   15,750 0 0
Take-Two Interactive Software, Inc. COM 874054109 313 3,200 SH   SOLE   3,200 0 0
Tapestry, Inc. COM 876030107 2,057 39,100 SH   SOLE   39,100 0 0
Tech Data Corp. COM 878237106 604 7,100 SH   SOLE   7,100 0 0
TECHTARGET, INC. COM 87874R100 215 10,800 SH   SOLE   10,800 0 0
TeleCom Argentina SA SPON ADR REP B 879273209 301 9,600 SH   SOLE   9,600 0 0
Teledyne Technologies, Inc. COM 879360105 374 2,000 SH   SOLE   2,000 0 0
Tenneco, Inc. COM 880349105 296 5,400 SH   SOLE   5,400 0 0
Thor Industries, Inc. COM 885160101 346 3,000 SH   SOLE   3,000 0 0
Tile Shop Holdings, Inc. COM 88677Q109 180 30,000 SH   SOLE   30,000 0 0
Toll Brothers, Inc. COM 889478103 346 8,000 SH   SOLE   8,000 0 0
Toro Co./The COM 891092108 300 4,800 SH   SOLE   4,800 0 0
Total System Services, Inc. COM 891906109 388 4,500 SH   SOLE   4,500 0 0
TransCanada Corp. COM 89353D107 269 6,500 SH   SOLE   6,500 0 0
Transportadora de Gas del Sur S.A. SPON ADR B 893870204 336 16,500 SH   SOLE   16,500 0 0
TriNet Group, Inc. COM 896288107 208 4,500 SH   SOLE   4,500 0 0
Two Harbors Investment Corp. COM NEW 90187B408 11,528 750,000 SH   SOLE   750,000 0 0
Tyler Technologies Inc COM 902252105 338 1,600 SH   SOLE   1,600 0 0
Ultra Clean Holdings, Inc. COM 90385V107 318 16,500 SH   SOLE   16,500 0 0
Unilever PLC SPON ADR NEW 904767704 406 7,300 SH   SOLE   7,300 0 0
United Parcel Service, Inc. CL B 911312106 2,617 25,000 SH   SOLE   25,000 0 0
United Technologies Corp. COM 913017109 1,258 10,000 SH   SOLE   10,000 0 0
Universal Forest Products, Inc. COM 913543104 263 8,100 SH   SOLE   8,100 0 0
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Vail Resorts, Inc. COM 91879Q109 266 1,200 SH   SOLE   1,200 0 0
Valero Energy Corp. COM 91913Y100 946 10,200 SH   SOLE   10,200 0 0
VanEck Vectors Preferred Securities PFD SECS EX FINL 92189F429 198 10,300 SH   SOLE   10,300 0 0
Verizon Communications, Inc. COM 92343V104 3,108 65,000 SH   SOLE   65,000 0 0
Viad Corp. COM NEW 92552R406 294 5,600 SH   SOLE   5,600 0 0
Vodafone Group PLC SPONSORED ADR 92857W308 2,504 90,000 SH   SOLE   90,000 0 0
Voya Financial, Inc. COM 929089100 954 18,900 SH   SOLE   18,900 0 0
WEC Energy Group, Inc. COM 92939U106 245 3,900 SH   SOLE   3,900 0 0
Wal-Mart Stores, Inc. COM 931142103 3,114 35,000 SH   SOLE   35,000 0 0
Walgreens Boots Alliance, Inc. COM 931427108 524 8,000 SH   SOLE   8,000 0 0
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Watsco, Inc. COM 942622200 344 1,900 SH   SOLE   1,900 0 0
Wells Fargo & Co. COM 949746101 1,677 32,000 SH   SOLE   32,000 0 0
Western Digital Corp. COM 958102105 923 10,000 SH   SOLE   10,000 0 0
Williams Cos, Inc./The COM 969457100 994 40,000 SH   SOLE   40,000 0 0
Williams-Sonoma, Inc. COM 969904101 301 5,700 SH   SOLE   5,700 0 0
Worldpay, Inc. CL A 981558109 403 4,900 SH   SOLE   4,900 0 0
YY, Inc. ADS REPCOM CLA 98426T106 242 2,300 SH   SOLE   2,300 0 0
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Zimmer Biomet Holdings, Inc. COM 98956P102 1,232 11,300 SH   SOLE   11,300 0 0
Allegion PLC ORD SHS G0176J109 316 3,700 SH   SOLE   3,700 0 0
Accenture PLC SHS CLASS A G1151C101 384 2,500 SH   SOLE   2,500 0 0
China Biologic Products Holdings, Inc. COM G21515104 324 4,000 SH   SOLE   4,000 0 0
Essent Group Ltd. COM G3198U102 332 7,800 SH   SOLE   7,800 0 0
Fabrinet SHS G3323L100 441 14,050 SH   SOLE   14,050 0 0
Genpact Ltd. SHS G3922B107 384 12,000 SH   SOLE   12,000 0 0
Ichor Holdings Ltd. SHS G4740B105 317 13,100 SH   SOLE   13,100 0 0
Weatherford International PLC ORD SHS G48833100 550 240,000 SH   SOLE   240,000 0 0
Invesco Ltd. SHS G491BT108 730 22,800 SH   SOLE   22,800 0 0
Johnson Controls International PLC SHS G51502105 2,467 70,000 SH   SOLE   70,000 0 0
Seagate Technology PLC SHS G7945M107 7,608 130,000 SH   SOLE   130,000 0 0
Sensata Technologies Holding NV SHS G8060N102 337 6,500 SH   SOLE   6,500 0 0
Signet Jewelers Ltd. SHS G81276100 443 11,500 SH   SOLE   11,500 0 0
SMART Global Holdings, Inc. SHS G8232Y101 678 13,600 SH   SOLE   13,600 0 0
Validus Holdings Ltd. COM SHS G9319H102 304 4,500 SH   SOLE   4,500 0 0
Perrigo Co. PLC SHS G97822103 1,008 12,100 SH   SOLE   12,100 0 0
Chubb Ltd. COM H1467J104 342 2,500 SH   SOLE   2,500 0 0
Garmin Ltd. SHS H2906T109 330 5,600 SH   SOLE   5,600 0 0
Logitech International S.A. SHS H50430232 367 10,000 SH   SOLE   10,000 0 0
Orbotech Ltd. ORD M75253100 373 6,000 SH   SOLE   6,000 0 0
Lyondellbasell Industries NV SHS - A - N53745100 951 9,000 SH   SOLE   9,000 0 0
Mylan NV SHS EURO N59465109 247 6,000 SH   SOLE   6,000 0 0