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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ASML Holding N.V. COM N07059210   228,069 223 SH   SOLE   223 0 0
Acuity Brands, Inc. COM 00508Y102   747,740 3,097 SH   SOLE   3,097 0 0
Alamo Group Inc. COM 011311107   978,661 5,657 SH   SOLE   5,657 0 0
Allegro MicroSystems, Inc. COM 01749D105   1,581,581 56,005 SH   SOLE   56,005 0 0
Amphastar Pharmaceuticals, Inc COM 03209R103   2,178,640 54,466 SH   SOLE   54,466 0 0
Apple Hospitality REIT, Inc. COM 03784Y200   1,102,161 75,802 SH   SOLE   75,802 0 0
Arch Capital Group COM G0450A105   1,459,979 14,471 SH   SOLE   14,471 0 0
AstraZeneca PLC COM 046353108   3,038,490 38,960 SH   SOLE   38,960 0 0
Atlanta Braves Holdings, Inc. COM 047726104   1,889,732 45,723 SH   SOLE   45,723 0 0
Bloomin' Brands, Inc. COM 094235108   400,272 20,815 SH   SOLE   20,815 0 0
Booking Holdings Inc. COM 09857L108   3,050,355 770 SH   SOLE   770 0 0
Brady Corp. COM 104674106   2,103,595 31,863 SH   SOLE   31,863 0 0
CF Industries Holdings, Inc. COM 125269100   1,598,027 21,560 SH   SOLE   21,560 0 0
CME Group Inc. COM 12572Q105   2,503,308 12,733 SH   SOLE   12,733 0 0
Carrier Global Corporation COM 14448C104   2,560,796 40,596 SH   SOLE   40,596 0 0
Cencora, Inc. COM 03073E105   1,540,151 6,836 SH   SOLE   6,836 0 0
ChampionX Corporation COM 15872M104   1,886,129 56,794 SH   SOLE   56,794 0 0
Charles Schwab Corp. COM 808513105   2,058,383 27,933 SH   SOLE   27,933 0 0
Chart Industries, Inc. COM 16115Q308   1,160,061 8,037 SH   SOLE   8,037 0 0
Chemours Company COM 163851108   298,172 13,211 SH   SOLE   13,211 0 0
Chesapeake Energy COM 165167735   962,445 11,710 SH   SOLE   11,710 0 0
Cincinnati Financial Corp. COM 172062101   1,635,213 13,846 SH   SOLE   13,846 0 0
Cisco Systems Inc. COM 17275R102   1,953,896 41,126 SH   SOLE   41,126 0 0
Coca-Cola Consolidated, Inc. COM 191098102   1,545,040 1,424 SH   SOLE   1,424 0 0
Corpay, Inc. COM 219948106   2,379,841 8,933 SH   SOLE   8,933 0 0
Crocs, Inc. COM 227046109   876,224 6,004 SH   SOLE   6,004 0 0
Crown Holdings, Inc. COM 228368106   200,853 2,700 SH   SOLE   2,700 0 0
Cummins Inc. COM 231021106   1,773,183 6,403 SH   SOLE   6,403 0 0
Darden Restaurants, Inc. COM 237194105   1,856,091 12,266 SH   SOLE   12,266 0 0
Diamondback Energy, Inc. COM 25278X109   1,509,232 7,539 SH   SOLE   7,539 0 0
Dover Corp. COM 260003108   1,942,725 10,766 SH   SOLE   10,766 0 0
Dropbox, Inc. COM 26210C104   747,015 33,245 SH   SOLE   33,245 0 0
EPAM Systems, Inc. COM 29414B104   1,103,265 5,865 SH   SOLE   5,865 0 0
EastGroup Properties, Inc. COM 277276101   1,626,666 9,563 SH   SOLE   9,563 0 0
Electronic Arts Inc. COM 285512109   1,265,534 9,083 SH   SOLE   9,083 0 0
Emerson Electric COM 291011104   2,190,091 19,881 SH   SOLE   19,881 0 0
Enersys COM 29275Y102   2,063,775 19,936 SH   SOLE   19,936 0 0
Equity Commonwealth 6.5 percent Pfd COM 294628201   934,499 37,515 SH   SOLE   37,515 0 0
Evolution AB COM 30051E104   1,958,045 18,775 SH   SOLE   18,775 0 0
Expedia Group, Inc. COM 30212P303   1,844,998 14,644 SH   SOLE   14,644 0 0
First Merchants Corporation COM 320817109   1,188,786 35,710 SH   SOLE   35,710 0 0
Fiserv Inc. COM 337738108   927,923 6,226 SH   SOLE   6,226 0 0
Fox Corporation - Class B COM 35137L204   1,796,738 56,113 SH   SOLE   56,113 0 0
Gaming and Leisure Properties, COM 36467J108   1,705,954 37,734 SH   SOLE   37,734 0 0
General Mills, Inc. COM 370334104   820,356 12,968 SH   SOLE   12,968 0 0
Global Payments Inc COM 37940X102   1,092,710 11,300 SH   SOLE   11,300 0 0
Globus Medical, Inc. COM 379577208   2,090,041 30,516 SH   SOLE   30,516 0 0
Goldman Sachs Group, Inc. COM 38141G104   2,031,821 4,492 SH   SOLE   4,492 0 0
Halozyme Therapeutics, Inc. COM 40637H109   2,361,593 45,103 SH   SOLE   45,103 0 0
Henry Schein, Inc. COM 806407102   1,260,911 19,671 SH   SOLE   19,671 0 0
Hershey Company COM 427866108   1,760,540 9,577 SH   SOLE   9,577 0 0
Host Hotels & Resorts, Inc. COM 44107P104   1,731,618 96,308 SH   SOLE   96,308 0 0
Humana Inc. COM 444859102   642,304 1,719 SH   SOLE   1,719 0 0
IDACORP, Inc. COM 451107106   788,887 8,469 SH   SOLE   8,469 0 0
IES Holdings, Inc. COM 44951W106   399,459 2,867 SH   SOLE   2,867 0 0
Inter Parfums, Inc. COM 458334109   2,240,655 19,311 SH   SOLE   19,311 0 0
Interpublic Group of Companies COM 460690100   1,469,394 50,512 SH   SOLE   50,512 0 0
John Hancock Financial Opportu COM 409735206   2,500,705 89,279 SH   SOLE   89,279 0 0
Johnson Controls International COM G51502105   1,735,199 26,105 SH   SOLE   26,105 0 0
Juniper Networks, Inc. COM 48203R104   2,701,978 74,108 SH   SOLE   74,108 0 0
Kinder Morgan, Inc. COM 49456B101   2,230,050 112,232 SH   SOLE   112,232 0 0
Lamar Advertising Company COM 512816109   2,687,991 22,488 SH   SOLE   22,488 0 0
Lantheus Holdings, Inc. COM 516544103   2,440,334 30,394 SH   SOLE   30,394 0 0
Liberty Energy Inc. COM 53115L104   1,790,774 85,724 SH   SOLE   85,724 0 0
LyondellBasell Industries N.V. COM N53745100   1,635,403 17,096 SH   SOLE   17,096 0 0
MDU Resources Group, Inc. COM 552690109   2,032,648 80,982 SH   SOLE   80,982 0 0
MGP Ingredients, Inc. COM 55303J106   2,132,304 28,660 SH   SOLE   28,660 0 0
MP Materials Corp. COM 553368101   842,128 66,153 SH   SOLE   66,153 0 0
Markel Corporation COM 570535104   1,175,442 746 SH   SOLE   746 0 0
Match Group, Inc. COM 57667L107   2,157,041 71,002 SH   SOLE   71,002 0 0
Materion Corporation COM 576690101   683,922 6,325 SH   SOLE   6,325 0 0
McCormick & Co. COM 579780206   586,745 8,271 SH   SOLE   8,271 0 0
Middleby Corporation COM 596278101   1,441,281 11,755 SH   SOLE   11,755 0 0
Molina Healthcare, Inc. COM 60855R100   1,859,314 6,254 SH   SOLE   6,254 0 0
NICE Ltd. COM 653656108   1,875,505 10,906 SH   SOLE   10,906 0 0
NetEase, Inc. COM 64110W102   2,427,063 25,393 SH   SOLE   25,393 0 0
Neurocrine Biosciences, Inc. COM 64125C109   1,436,862 10,437 SH   SOLE   10,437 0 0
NiSource Inc. COM 65473P105   1,803,189 62,589 SH   SOLE   62,589 0 0
OGE Energy Corp. COM 670837103   1,426,215 39,950 SH   SOLE   39,950 0 0
ONEOK, Inc. COM 682680103   448,770 5,503 SH   SOLE   5,503 0 0
Orion S.A. COM L72967109   2,104,704 95,930 SH   SOLE   95,930 0 0
PagSeguro Digital Ltd. COM G68707101   1,730,459 148,029 SH   SOLE   148,029 0 0
PayPal Holdings, Inc. COM 70450Y103   866,504 14,932 SH   SOLE   14,932 0 0
Paycom Software, Inc. COM 70432V102   1,889,415 13,209 SH   SOLE   13,209 0 0
Pentair plc COM G7S00T104   1,208,396 15,761 SH   SOLE   15,761 0 0
Pool Corporation COM 73278L105   1,542,182 5,018 SH   SOLE   5,018 0 0
QUALCOMM Incorporated COM 747525103   2,545,720 12,781 SH   SOLE   12,781 0 0
Royalty Pharma plc COM G7709Q104   1,316,628 49,929 SH   SOLE   49,929 0 0
SEI Investments Company COM 784117103   1,618,414 25,018 SH   SOLE   25,018 0 0
Service Corporation Internatio COM 817565104   467,395 6,571 SH   SOLE   6,571 0 0
Six Flags Entertainment Corp. COM 83001C108   818,891 15,067 SH   SOLE   15,067 0 0
Snap-on Incorporated COM 833034101   919,831 3,519 SH   SOLE   3,519 0 0
Sportradar Group AG COM H8088L103   2,010,589 179,838 SH   SOLE   179,838 0 0
T. Rowe Price Group, Inc. COM 74144T108   398,742 3,458 SH   SOLE   3,458 0 0
Timken Company COM 887389104   1,807,973 22,563 SH   SOLE   22,563 0 0
Unitil Corporation COM 913259107   2,317,551 44,749 SH   SOLE   44,749 0 0
Vail Resorts, Inc. COM 91879Q109   2,307,826 12,812 SH   SOLE   12,812 0 0
VeriSign, Inc. COM 92343E102   2,688,514 15,121 SH   SOLE   15,121 0 0
Viper Energy Inc. COM 927959106   1,805,981 48,121 SH   SOLE   48,121 0 0
W. R. Berkley Corporation COM 084423102   2,011,962 25,604 SH   SOLE   25,604 0 0
WEC Energy Group, Inc. COM 92939U106   1,359,790 17,331 SH   SOLE   17,331 0 0
WEX Inc. COM 96208T104   1,187,724 6,705 SH   SOLE   6,705 0 0
WNS Holdings Limited COM G98196101   1,812,248 34,519 SH   SOLE   34,519 0 0
Weyerhaeuser Company COM 962166104   1,056,619 37,218 SH   SOLE   37,218 0 0
XPEL, Inc. COM 98379L100   1,651,478 46,442 SH   SOLE   46,442 0 0
YETI Holdings, Inc. COM 98585X104   1,351,502 35,426 SH   SOLE   35,426 0 0
ZTO Express (Cayman) Inc. COM 98980A105   2,471,387 119,103 SH   SOLE   119,103 0 0