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		<nameOfIssuer>ACUSHNET HOLDINGS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>005098108</cusip>
		<value>29010</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1471848</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1449214</Shared>
			<None>22634</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ADVANCE AUTO PARTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00751Y106</cusip>
		<value>219</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1292</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1292</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>ADVAXIS INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>007624208</cusip>
		<value>86</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12076</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12076</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AFFILIATED MANAGERS GROUP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>008252108</cusip>
		<value>744</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5122</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5122</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>AIR PRODS &amp; CHEMS INC.</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>009158106</cusip>
		<value>1108</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7703</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7703</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>ALBEMARLE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>012653101</cusip>
		<value>7195</value>
		<shrsOrPrnAmt>
			<sshPrnamt>83582</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1809</Shared>
			<None>81773</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ALERE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>01449J105</cusip>
		<value>1195</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30656</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>9918</Sole>
			<Shared>20738</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ALLEGHANY CORP DEL </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>017175100</cusip>
		<value>1009</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1659</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1659</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ALLERGAN PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G0177J108</cusip>
		<value>32063</value>
		<shrsOrPrnAmt>
			<sshPrnamt>152673</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>2571</Sole>
			<Shared>147029</Shared>
			<None>3073</None>
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	<infoTable>
		<nameOfIssuer>ALLETE INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>018522300</cusip>
		<value>253</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3939</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3939</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ALPHABET INC</nameOfIssuer>
		<titleOfClass>CAP STK CL A</titleOfClass>
		<cusip>02079K305</cusip>
		<value>7223</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9115</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8130</Shared>
			<None>985</None>
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	<infoTable>
		<nameOfIssuer>ALPHABET INC</nameOfIssuer>
		<titleOfClass>CAP STK CL C</titleOfClass>
		<cusip>02079K107</cusip>
		<value>6634</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8595</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6545</Shared>
			<None>2050</None>
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	<infoTable>
		<nameOfIssuer>ALPS ETF TR</nameOfIssuer>
		<titleOfClass>ALERIAN MLP</titleOfClass>
		<cusip>00162Q866</cusip>
		<value>220</value>
		<shrsOrPrnAmt>
			<sshPrnamt>17480</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10900</Shared>
			<None>6580</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMAZON COM INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>023135106</cusip>
		<value>1281</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1708</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1708</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMERESCO INC</nameOfIssuer>
		<titleOfClass> CL A</titleOfClass>
		<cusip>02361E108</cusip>
		<value>2153</value>
		<shrsOrPrnAmt>
			<sshPrnamt>391397</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7608</Shared>
			<None>383789</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AMERICAN ELEC PWR INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>025537101</cusip>
		<value>36</value>
		<shrsOrPrnAmt>
			<sshPrnamt>568</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>568</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>AMERICAN ELEC PWR INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>025537101</cusip>
		<value>420</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6667</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6667</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMERICAN EXPRESS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>025816109</cusip>
		<value>27291</value>
		<shrsOrPrnAmt>
			<sshPrnamt>368397</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>368192</Shared>
			<None>205</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AMERICAN INTL GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>026874784</cusip>
		<value>6454</value>
		<shrsOrPrnAmt>
			<sshPrnamt>98814</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>98814</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>ANADARKO PETE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>032511107</cusip>
		<value>83721</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1200652</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1133396</Shared>
			<None>67256</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ANHEUSER BUSCH INBEV SA/NV</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>03524A108</cusip>
		<value>422</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>APOLLO INVT CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03761U106</cusip>
		<value>320</value>
		<shrsOrPrnAmt>
			<sshPrnamt>54586</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>54586</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>APPLE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>037833100</cusip>
		<value>152072</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1313002</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1275870</Shared>
			<None>37132</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>APPLIED MATLS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>038222105</cusip>
		<value>70694</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2190715</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2143532</Shared>
			<None>47183</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ARAMARK</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03852U106</cusip>
		<value>1160</value>
		<shrsOrPrnAmt>
			<sshPrnamt>32469</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>32469</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ARCONIC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>03965L100</cusip>
		<value>805</value>
		<shrsOrPrnAmt>
			<sshPrnamt>43433</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>24267</Shared>
			<None>19166</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ARMSTRONG WORLD INDS INC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>04247X102</cusip>
		<value>1837</value>
		<shrsOrPrnAmt>
			<sshPrnamt>43938</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6945</Shared>
			<None>36993</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>AT&amp;T INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>00206R102</cusip>
		<value>2228</value>
		<shrsOrPrnAmt>
			<sshPrnamt>52394</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>52394</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ATHENE HLDG LTD</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>G0684D107</cusip>
		<value>68817</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1433996</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1423077</Shared>
			<None>10919</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>ATKORE INTL GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>047649108</cusip>
		<value>45830</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1916778</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1875558</Shared>
			<None>41220</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>AVANGRID INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>05351W103</cusip>
		<value>201</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5309</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5309</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BAKER HUGHES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>057224107</cusip>
		<value>25749</value>
		<shrsOrPrnAmt>
			<sshPrnamt>396315</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>396315</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BALL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>058498106</cusip>
		<value>563</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7500</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BANK AMER CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>060505104</cusip>
		<value>2472</value>
		<shrsOrPrnAmt>
			<sshPrnamt>111845</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>49825</Shared>
			<None>62020</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>BANK NEW YORK MELLON CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>064058100</cusip>
		<value>31980</value>
		<shrsOrPrnAmt>
			<sshPrnamt>674960</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>673285</Shared>
			<None>1675</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BARRICK GOLD CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>067901108</cusip>
		<value>12726</value>
		<shrsOrPrnAmt>
			<sshPrnamt>796358</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>615743</Shared>
			<None>180615</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>BAXTER INTL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>071813109</cusip>
		<value>2593</value>
		<shrsOrPrnAmt>
			<sshPrnamt>58479</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>58479</Shared>
			<None>0</None>
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		<nameOfIssuer>BECTON DICKINSON &amp; CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>075887109</cusip>
		<value>10074</value>
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			<sshPrnamt>60850</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>58850</Shared>
			<None>2000</None>
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		<nameOfIssuer>BERKSHIRE HATHAWAY INC DEL</nameOfIssuer>
		<titleOfClass>CL B NEW</titleOfClass>
		<cusip>084670702</cusip>
		<value>4405</value>
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			<sshPrnamt>27027</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>16777</Shared>
			<None>10250</None>
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		<nameOfIssuer>BIO RAD LABS INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>090572207</cusip>
		<value>48782</value>
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			<sshPrnamt>267619</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>261952</Shared>
			<None>5667</None>
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		<nameOfIssuer>BIOAMBER INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>09072Q106</cusip>
		<value>895</value>
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			<sshPrnamt>162740</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>162740</Shared>
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		<nameOfIssuer>BIOGEN IDEC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>09062X103</cusip>
		<value>1057</value>
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			<sshPrnamt>3728</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>0</Shared>
			<None>3728</None>
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		<nameOfIssuer>BLACKSTONE GROUP L P</nameOfIssuer>
		<titleOfClass>COM UNIT LTD</titleOfClass>
		<cusip>09253U108</cusip>
		<value>4102</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>139756</Shared>
			<None>11985</None>
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		<nameOfIssuer>BOARDWALK PIPELINE PARTNERS</nameOfIssuer>
		<titleOfClass>UT LTD PARTNER</titleOfClass>
		<cusip>096627104</cusip>
		<value>2095</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>120675</Shared>
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		<nameOfIssuer>BP PLC</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>055622104</cusip>
		<value>539</value>
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			<sshPrnamt>14419</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>14419</Shared>
			<None>0</None>
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		<nameOfIssuer>BROOKDALE SR LIVING INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>112463104</cusip>
		<value>8954</value>
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			<sshPrnamt>720899</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>599269</Shared>
			<None>121630</None>
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		<nameOfIssuer>BROOKFIELD ASSET MGMT INC</nameOfIssuer>
		<titleOfClass>CL A LTD VT SH</titleOfClass>
		<cusip>112585104</cusip>
		<value>682</value>
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			<sshPrnamt>20670</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>20670</Shared>
			<None>0</None>
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		<nameOfIssuer>BWX TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>05605H100</cusip>
		<value>377</value>
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			<sshPrnamt>9500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>9500</Shared>
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		<nameOfIssuer>CALIFORNIA RES CORP</nameOfIssuer>
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		<cusip>13057Q206</cusip>
		<value>592</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>27797</Shared>
			<None>7</None>
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		<nameOfIssuer>CALPINE CORP</nameOfIssuer>
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		<cusip>131347304</cusip>
		<value>2</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>178</Sole>
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			<None>0</None>
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		<nameOfIssuer>CALPINE CORP</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>131347304</cusip>
		<value>291</value>
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			<sshPrnamt>25479</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>25479</Shared>
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		<nameOfIssuer>CANADIAN NATL RY CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>136375102</cusip>
		<value>1051</value>
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			<sshPrnamt>15600</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15600</Shared>
			<None>0</None>
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		<nameOfIssuer>CAPITAL SR LIVING CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>140475104</cusip>
		<value>3592</value>
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			<sshPrnamt>223810</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>223810</Shared>
			<None>0</None>
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		<nameOfIssuer>CATERPILLAR INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>149123101</cusip>
		<value>8360</value>
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			<sshPrnamt>90145</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>70797</Shared>
			<None>19348</None>
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		<nameOfIssuer>CBRE GROUP INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>12504L109</cusip>
		<value>268</value>
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			<sshPrnamt>8513</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>8513</Shared>
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		<nameOfIssuer>CBS CORP NEW</nameOfIssuer>
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		<cusip>124857103</cusip>
		<value>913</value>
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			<sshPrnamt>14089</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>13589</Shared>
			<None>500</None>
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		<nameOfIssuer>CBS CORP NEW</nameOfIssuer>
		<titleOfClass>CL B</titleOfClass>
		<cusip>124857202</cusip>
		<value>2693</value>
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			<sshPrnamt>42334</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>28160</Shared>
			<None>14174</None>
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		<nameOfIssuer>CDK GLOBAL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>12508E101</cusip>
		<value>281</value>
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			<sshPrnamt>4704</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4704</Shared>
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		<nameOfIssuer>CEMPRA INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>15130J109</cusip>
		<value>88</value>
		<shrsOrPrnAmt>
			<sshPrnamt>31524</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>27270</Shared>
			<None>4254</None>
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		<nameOfIssuer>CHEMTURA CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>163893209</cusip>
		<value>5995</value>
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			<sshPrnamt>180576</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4408</Shared>
			<None>176168</None>
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		<nameOfIssuer>CHENIERE ENERGY INC </nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>16411R208</cusip>
		<value>439</value>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>10590</Shared>
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		<nameOfIssuer>CHEVRON CORP NEW </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>166764100</cusip>
		<value>38466</value>
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			<sshPrnamt>326816</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>326816</Shared>
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		<nameOfIssuer>CHOICE HOTELS INTL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>169905106</cusip>
		<value>229</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4090</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4090</Shared>
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		<nameOfIssuer>CHUBB CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>H1467J104</cusip>
		<value>159085</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>1183503</Shared>
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		<nameOfIssuer>CIGNA CORPORATION</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>125509109</cusip>
		<value>80257</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>597293</Shared>
			<None>4380</None>
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		<nameOfIssuer>CIT GROUP INC</nameOfIssuer>
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		<value>1003</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>23502</Shared>
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		<nameOfIssuer>CITIGROUP INC COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>5596526</Shared>
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		<nameOfIssuer>CMS ENERGY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>125896100</cusip>
		<value>6</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>149</Sole>
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		<nameOfIssuer>CMS ENERGY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>125896100</cusip>
		<value>266</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>6402</Shared>
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		<nameOfIssuer>CNA FINL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>126117100</cusip>
		<value>1504</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>36250</Shared>
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		<nameOfIssuer>COCA COLA CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>191216100</cusip>
		<value>21592</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>406444</Shared>
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		<nameOfIssuer>COMCAST CORP NEW</nameOfIssuer>
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		<cusip>20030N101</cusip>
		<value>2752</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>18762</Shared>
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		<nameOfIssuer>COMERICA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>200340107</cusip>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>3392</Shared>
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		<nameOfIssuer>COMMERCEHUB INC</nameOfIssuer>
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		<cusip>20084V108</cusip>
		<value>169</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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		<titleOfClass>COM</titleOfClass>
		<cusip>205887102</cusip>
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			<Shared>6217</Shared>
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		<nameOfIssuer>CONOCOPHILLIPS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>20825C104</cusip>
		<value>242</value>
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			<sshPrnamt>4822</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>1000</Shared>
			<None>3822</None>
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		<nameOfIssuer>CORNING INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>219350105</cusip>
		<value>50306</value>
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			<sshPrnamt>2072771</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>891640</Shared>
			<None>1181131</None>
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		<nameOfIssuer>COSTCO WHSL CORP NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22160K105</cusip>
		<value>1140</value>
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			<sshPrnamt>7121</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7121</Shared>
			<None>0</None>
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		<nameOfIssuer>COTT CORP QUE </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22163N106</cusip>
		<value>232286</value>
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			<sshPrnamt>20501883</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>16209396</Shared>
			<None>4292487</None>
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		<nameOfIssuer>COVANTA HLDG CORP</nameOfIssuer>
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		<cusip>22282E102</cusip>
		<value>8</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>505</Sole>
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			<None>0</None>
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		<nameOfIssuer>COVANTA HLDG CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22282E102</cusip>
		<value>97841</value>
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			<sshPrnamt>6271834</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>2630083</Shared>
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		<nameOfIssuer>COWEN GROUP INC NEW</nameOfIssuer>
		<titleOfClass>CL A NEW</titleOfClass>
		<cusip>223622606</cusip>
		<value>217</value>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>14000</Shared>
			<None>0</None>
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		<nameOfIssuer>CRESUD S A C I F Y A</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>226406106</cusip>
		<value>329</value>
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			<sshPrnamt>20884</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>20884</Shared>
			<None>0</None>
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		<nameOfIssuer>CRYSTAL ROCK HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>22940F103</cusip>
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			<sshPrnamt>79565</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>58245</Shared>
			<None>21320</None>
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		<nameOfIssuer>CUMMINS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>231021106</cusip>
		<value>560</value>
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			<sshPrnamt>4095</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4000</Shared>
			<None>95</None>
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		<nameOfIssuer>CVS HEALTH CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>126650100</cusip>
		<value>41333</value>
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			<sshPrnamt>523796</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>518296</Shared>
			<None>5500</None>
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		<nameOfIssuer>DARLING INGREDIENTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>237266101</cusip>
		<value>7988</value>
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			<sshPrnamt>618719</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12586</Shared>
			<None>606133</None>
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		<nameOfIssuer>DELL TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM CL V</titleOfClass>
		<cusip>24703L103</cusip>
		<value>10597</value>
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			<sshPrnamt>192786</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>6356</Sole>
			<Shared>90680</Shared>
			<None>95750</None>
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		<nameOfIssuer>DELPHI AUTOMOTIVE PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G27823106</cusip>
		<value>256</value>
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			<sshPrnamt>3799</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3799</Shared>
			<None>0</None>
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		<nameOfIssuer>DELTA AIR LINES INC DEL</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>247361702</cusip>
		<value>3493</value>
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			<sshPrnamt>71009</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>50869</Shared>
			<None>20140</None>
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		<nameOfIssuer>DEPOMED INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>249908104</cusip>
		<value>856</value>
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			<sshPrnamt>47507</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>13929</Sole>
			<Shared>33578</Shared>
			<None>0</None>
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		<nameOfIssuer>DEVON ENERGY CORP NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>25179M103</cusip>
		<value>5364</value>
		<shrsOrPrnAmt>
			<sshPrnamt>117460</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>116560</Shared>
			<None>900</None>
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		<nameOfIssuer>DIAGEO P L C</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>25243Q205</cusip>
		<value>13099</value>
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			<sshPrnamt>126020</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>125420</Shared>
			<None>600</None>
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		<nameOfIssuer>DISCOVER FINL SVCS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>254709108</cusip>
		<value>1824</value>
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			<sshPrnamt>25304</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>25304</Shared>
			<None>0</None>
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		<nameOfIssuer>DISCOVERY COMMUNICATNS NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>25470F302</cusip>
		<value>618</value>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>23069</Shared>
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		<nameOfIssuer>DISH NETWORK CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>25470M109</cusip>
		<value>386</value>
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			<sshPrnamt>6664</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6664</Shared>
			<None>0</None>
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		<nameOfIssuer>DISNEY WALT CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>254687106</cusip>
		<value>1907</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18299</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>17899</Shared>
			<None>400</None>
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		<nameOfIssuer>DOLLAR TREE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>256677105</cusip>
		<value>222</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2997</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2997</Shared>
			<None>0</None>
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		<nameOfIssuer>DOUBLE EAGLE ACQUISITION COR</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>G28195124</cusip>
		<value>244</value>
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			<sshPrnamt>24675</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>24675</Shared>
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		<nameOfIssuer>DOW CHEM CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>260543103</cusip>
		<value>200936</value>
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			<sshPrnamt>3511639</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>3332149</Shared>
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		<nameOfIssuer>DR PEPPER SNAPPLE GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>26138E109</cusip>
		<value>315</value>
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			<sshPrnamt>3470</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3470</Shared>
			<None>0</None>
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		<nameOfIssuer>DREYFUS HIGH YIELD STRATEGIE</nameOfIssuer>
		<titleOfClass>SH BEN INT</titleOfClass>
		<cusip>26200S101</cusip>
		<value>101</value>
		<shrsOrPrnAmt>
			<sshPrnamt>30000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>30000</None>
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		<nameOfIssuer>DRIVE SHACK INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>262077100</cusip>
		<value>194</value>
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			<sshPrnamt>51518</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>18229</Sole>
			<Shared>33289</Shared>
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		<nameOfIssuer>DU PONT E I DE NEMOURS &amp; CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>263534109</cusip>
		<value>116568</value>
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			<sshPrnamt>1588120</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1548735</Shared>
			<None>39385</None>
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		<nameOfIssuer>EASTERLY ACQUISITION CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>27616L102</cusip>
		<value>522</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>16952</Sole>
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		<nameOfIssuer>EATON CORP PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G29183103</cusip>
		<value>183280</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2731856</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2401434</Shared>
			<None>330422</None>
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		<nameOfIssuer>ELECTRUM SPL ACQUISITION COR</nameOfIssuer>
		<titleOfClass>UNIT 99/99/9999</titleOfClass>
		<cusip>G3105C104</cusip>
		<value>236</value>
		<shrsOrPrnAmt>
			<sshPrnamt>23863</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>17763</Sole>
			<Shared>6100</Shared>
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		<nameOfIssuer>EMERSON ELEC CO </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>291011104</cusip>
		<value>409</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7340</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7340</Shared>
			<None>0</None>
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		<nameOfIssuer>ENERGY TRANSFER EQUITY L P</nameOfIssuer>
		<titleOfClass>COM UT LTD PTN</titleOfClass>
		<cusip>29273V100</cusip>
		<value>2129</value>
		<shrsOrPrnAmt>
			<sshPrnamt>110260</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>110260</Shared>
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		<nameOfIssuer>ENTRAVISION COMMUNICATIONS C</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>29382R107</cusip>
		<value>311</value>
		<shrsOrPrnAmt>
			<sshPrnamt>44480</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>44480</Shared>
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		<nameOfIssuer>EXXON MOBIL CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>30231G102</cusip>
		<value>3224</value>
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			<sshPrnamt>35716</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>35716</Shared>
			<None>0</None>
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		<nameOfIssuer>FACEBOOK INC</nameOfIssuer>
		<titleOfClass>CL A </titleOfClass>
		<cusip>30303M102</cusip>
		<value>4627</value>
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			<sshPrnamt>40220</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>39620</Shared>
			<None>600</None>
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		<nameOfIssuer>FANHUA INC</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>30712A103</cusip>
		<value>324</value>
		<shrsOrPrnAmt>
			<sshPrnamt>39132</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>39132</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FARMER BROS CO </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>307675108</cusip>
		<value>1759</value>
		<shrsOrPrnAmt>
			<sshPrnamt>47919</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>43984</Shared>
			<None>3935</None>
		</votingAuthority>
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		<nameOfIssuer>FEDEX CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31428X106</cusip>
		<value>7150</value>
		<shrsOrPrnAmt>
			<sshPrnamt>38400</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>34980</Shared>
			<None>3420</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FIDELITY NATIONAL FINANCIAL</nameOfIssuer>
		<titleOfClass>FNF GROUP COM</titleOfClass>
		<cusip>31620R303</cusip>
		<value>432</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12715</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12715</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>FIDELITY NATL INFORMATION SV</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31620M106</cusip>
		<value>454</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6000</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FIESTA RESTAURANT GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>31660B101</cusip>
		<value>631</value>
		<shrsOrPrnAmt>
			<sshPrnamt>21138</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>21138</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>FLOWSERVE CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>34354P105</cusip>
		<value>410</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8527</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8527</Shared>
			<None>0</None>
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		<nameOfIssuer>FLUIDIGM CORP DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>34385P108</cusip>
		<value>41902</value>
		<shrsOrPrnAmt>
			<sshPrnamt>5755753</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>22453</Sole>
			<Shared>5618046</Shared>
			<None>115254</None>
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		<nameOfIssuer>FOREST CITY RLTY TR INC</nameOfIssuer>
		<titleOfClass>COM CL A</titleOfClass>
		<cusip>345605109</cusip>
		<value>5144</value>
		<shrsOrPrnAmt>
			<sshPrnamt>246825</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>246375</Shared>
			<None>450</None>
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	<infoTable>
		<nameOfIssuer>FUELCELL ENERGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>35952H502</cusip>
		<value>30</value>
		<shrsOrPrnAmt>
			<sshPrnamt>17100</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>17100</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GASLOG LTD</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>G37585109</cusip>
		<value>19080</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1185080</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>16040</Shared>
			<None>1169040</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GATX CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>361448103</cusip>
		<value>287</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4662</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4662</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENERAL AMERN INVS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>368802104</cusip>
		<value>676</value>
		<shrsOrPrnAmt>
			<sshPrnamt>21667</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>21667</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENERAL ELECTRIC CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>369604103</cusip>
		<value>30642</value>
		<shrsOrPrnAmt>
			<sshPrnamt>969696</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>848262</Shared>
			<None>121434</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENERAL MLS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>370334104</cusip>
		<value>450</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7290</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7290</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENERAL MTRS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>37045V100</cusip>
		<value>3828</value>
		<shrsOrPrnAmt>
			<sshPrnamt>109879</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>62899</Shared>
			<None>46980</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GENUINE PARTS CO </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>372460105</cusip>
		<value>410</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4293</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4293</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GILEAD SCIENCES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>375558103</cusip>
		<value>225</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3148</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2148</Shared>
			<None>1000</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GOLAR LNG LTD BERMUDA</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G9456A100</cusip>
		<value>2</value>
		<shrsOrPrnAmt>
			<sshPrnamt>94</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>94</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GOLAR LNG LTD BERMUDA</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G9456A100</cusip>
		<value>22549</value>
		<shrsOrPrnAmt>
			<sshPrnamt>982958</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>221268</Shared>
			<None>761690</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GOLDMAN SACHS GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>38141G104</cusip>
		<value>239</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GP INVTS ACQUISITION COR</nameOfIssuer>
		<titleOfClass>UNIT 99/99/9999</titleOfClass>
		<cusip>G40357124</cusip>
		<value>822</value>
		<shrsOrPrnAmt>
			<sshPrnamt>82996</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>82996</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>GRACE W R &amp; CO DEL NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>38388F108</cusip>
		<value>11321</value>
		<shrsOrPrnAmt>
			<sshPrnamt>167367</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6268</Shared>
			<None>161099</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GREAT LAKES DREDGE &amp; DOCK CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>390607109</cusip>
		<value>76</value>
		<shrsOrPrnAmt>
			<sshPrnamt>18000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>18000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>GREAT PLAINS ENERGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>391164100</cusip>
		<value>6</value>
		<shrsOrPrnAmt>
			<sshPrnamt>236</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>236</Sole>
			<Shared>0</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>GREAT PLAINS ENERGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>391164100</cusip>
		<value>285</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10408</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10408</Shared>
			<None>0</None>
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		<nameOfIssuer>HANESBRANDS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>410345102</cusip>
		<value>267</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12385</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2335</Shared>
			<None>10050</None>
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	<infoTable>
		<nameOfIssuer>HARMAN INTL INDS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>413086109</cusip>
		<value>1031</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9274</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>2595</Sole>
			<Shared>6679</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>HCA HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>40412C101</cusip>
		<value>777</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10500</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>HESS CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>42809H107</cusip>
		<value>120303</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1931338</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1866802</Shared>
			<None>64536</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>HEWLETT PACKARD CO </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>42824C109</cusip>
		<value>1727</value>
		<shrsOrPrnAmt>
			<sshPrnamt>74628</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>24573</Shared>
			<None>50055</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>HOME DEPOT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>437076102</cusip>
		<value>904</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6742</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6742</Shared>
			<None>0</None>
		</votingAuthority>
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		<nameOfIssuer>HONEYWELL INTL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>438516106</cusip>
		<value>1193</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10300</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10300</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>HP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>40434L105</cusip>
		<value>1107</value>
		<shrsOrPrnAmt>
			<sshPrnamt>74628</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>24573</Shared>
			<None>50055</None>
		</votingAuthority>
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		<nameOfIssuer>HUBBELL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>443510607</cusip>
		<value>380</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3254</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3254</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>HUNTINGTON BANCSHARES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>446150104</cusip>
		<value>127228</value>
		<shrsOrPrnAmt>
			<sshPrnamt>9623900</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>9517260</Shared>
			<None>106640</None>
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	<infoTable>
		<nameOfIssuer>INTEL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>458140100</cusip>
		<value>230756</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6362177</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5476480</Shared>
			<None>885697</None>
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	<infoTable>
		<nameOfIssuer>INTERNATIONAL BUSINESS MACHS</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>459200101</cusip>
		<value>14962</value>
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		<nameOfIssuer>IRSA INVERSIONES Y REP S A</nameOfIssuer>
		<titleOfClass>GLOBL DEP RCPT</titleOfClass>
		<cusip>450047204</cusip>
		<value>273</value>
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			<sshPrnamt>14783</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>14783</Shared>
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		<nameOfIssuer>JD COM INC</nameOfIssuer>
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		<cusip>47215P106</cusip>
		<value>305</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>12000</Shared>
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		<nameOfIssuer>JIVE SOFTWARE INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>47760A108</cusip>
		<value>584</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>33673</Shared>
			<None>100553</None>
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		<nameOfIssuer>JOHNSON &amp; JOHNSON</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>478160104</cusip>
		<value>50670</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>395293</Shared>
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		<nameOfIssuer>JOHNSON CTLS INTL PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G51502105</cusip>
		<value>21427</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>16768</Shared>
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		<nameOfIssuer>JP MORGAN CHASE &amp; CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>46625H100</cusip>
		<value>155744</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>1737659</Shared>
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		<nameOfIssuer>KINDER MORGAN INC DEL </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>49456B101</cusip>
		<value>2561</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>115737</Shared>
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		<nameOfIssuer>KKR &amp; CO L P DEL </nameOfIssuer>
		<titleOfClass>COM UNITS</titleOfClass>
		<cusip>48248M102</cusip>
		<value>62876</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>4033736</Shared>
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		<nameOfIssuer>KONINKLIJKE PHILIPS N V</nameOfIssuer>
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		<cusip>500472303</cusip>
		<value>29267</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>14097</Shared>
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		<titleOfClass>COM</titleOfClass>
		<cusip>501044101</cusip>
		<value>331</value>
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			<sshPrnamt>9580</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>9580</Shared>
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		<nameOfIssuer>LAMAR ADVERTISING CO NEW</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>512816109</cusip>
		<value>546</value>
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			<sshPrnamt>8126</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4716</Shared>
			<None>3410</None>
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		<nameOfIssuer>LAMB WESTON HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>513272104</cusip>
		<value>574</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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		<nameOfIssuer>LEVEL 3 COMMUNICATIONS INC</nameOfIssuer>
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		<cusip>52729N308</cusip>
		<value>820</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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		<nameOfIssuer>LIBERTY BROADBAND CORP</nameOfIssuer>
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		<value>488</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>6731</Shared>
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		<nameOfIssuer>LIBERTY BROADBAND CORP</nameOfIssuer>
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		<value>1290</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>17421</Shared>
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		<nameOfIssuer>LIBERTY EXPEDIA HOLDINGS</nameOfIssuer>
		<titleOfClass>SER A COM</titleOfClass>
		<cusip>53046P109</cusip>
		<value>358</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>5081</Shared>
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		<nameOfIssuer>LIBERTY GLOBAL PLC</nameOfIssuer>
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		<cusip>G5480U104</cusip>
		<value>866</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>28320</Shared>
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		<nameOfIssuer>LIBERTY GLOBAL PLC</nameOfIssuer>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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		<nameOfIssuer>LIBERTY GLOBAL PLC</nameOfIssuer>
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		<value>348</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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		<nameOfIssuer>LIBERTY INTERACTIVE CORP</nameOfIssuer>
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		<value>841</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>16890</Shared>
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		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
		<titleOfClass>COM A MEDIA GRP</titleOfClass>
		<cusip>531229870</cusip>
		<value>211</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>6731</Shared>
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		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
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		<cusip>531229409</cusip>
		<value>931</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>26984</Shared>
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		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
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		<cusip>531229888</cusip>
		<value>306</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
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		<cusip>531229854</cusip>
		<value>419</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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		<nameOfIssuer>LIBERTY MEDIA CORP DELAWARE</nameOfIssuer>
		<titleOfClass>COM C SIRIUSXM</titleOfClass>
		<cusip>531229607</cusip>
		<value>2639</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>11669</Sole>
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		<nameOfIssuer>LIFEPOINT HEALTH INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>53219L109</cusip>
		<value>1437</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>2717</Shared>
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		<nameOfIssuer>LIVE NATION ENTERTAINMENT INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>538034109</cusip>
		<value>1047</value>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>39373</Shared>
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		<nameOfIssuer>LOEWS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>540424108</cusip>
		<value>10973</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>233275</Shared>
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		<nameOfIssuer>LOWES COS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>548661107</cusip>
		<value>232</value>
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			<sshPrnamt>3265</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>3265</Shared>
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		<nameOfIssuer>MARSH &amp; MCLENNAN COS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>571748102</cusip>
		<value>5673</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>83636</Shared>
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		<nameOfIssuer>MCDONALDS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>580135101</cusip>
		<value>119160</value>
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			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>966328</Shared>
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		<nameOfIssuer>MEDIA GEN INC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>58441K100</cusip>
		<value>1738</value>
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			<sshPrnamt>92301</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>62612</Shared>
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		<nameOfIssuer>MEDTRONIC PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G5960L103</cusip>
		<value>1831</value>
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			<sshPrnamt>25700</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>25700</Shared>
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		<nameOfIssuer>METALDYNE PERFORMANCE GROUP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>59116R107</cusip>
		<value>227</value>
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			<sshPrnamt>9895</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>9895</Shared>
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		<nameOfIssuer>MICROSOFT CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>594918104</cusip>
		<value>52809</value>
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			<sshPrnamt>849839</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>695339</Shared>
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		<nameOfIssuer>MILACRON HLDGS CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>59870L106</cusip>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>3468126</Shared>
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		<nameOfIssuer>MONDELEZ INTL INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>609207105</cusip>
		<value>1780</value>
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			<sshPrnamt>40159</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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		<nameOfIssuer>MONSANTO CO NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>61166W101</cusip>
		<value>141760</value>
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			<sshPrnamt>1347396</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>3826</Sole>
			<Shared>1263885</Shared>
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		<nameOfIssuer>MORGAN STANLEY</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>617446448</cusip>
		<value>148335</value>
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			<sshPrnamt>3510896</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>3481153</Shared>
			<None>29743</None>
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		<nameOfIssuer>MTS SYS CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>553777103</cusip>
		<value>20770</value>
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			<sshPrnamt>366308</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>366308</Shared>
			<None>0</None>
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		<nameOfIssuer>MURPHY OIL CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>626717102</cusip>
		<value>315</value>
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			<sshPrnamt>10128</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10128</Shared>
			<None>0</None>
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		<nameOfIssuer>NANOSTRING TECHNOLOGIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>63009R109</cusip>
		<value>1000</value>
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			<sshPrnamt>44840</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>43205</Shared>
			<None>1635</None>
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		<nameOfIssuer>NATIONAL FUEL GAS N J COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>636180101</cusip>
		<value>220</value>
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			<sshPrnamt>3876</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>3876</Shared>
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		<nameOfIssuer>NAVIGATOR HOLDINGS LTD</nameOfIssuer>
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		<cusip>Y62132108</cusip>
		<value>102</value>
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			<sshPrnamt>11000</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Sole>0</Sole>
			<Shared>11000</Shared>
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		<nameOfIssuer>NETSUITE INC</nameOfIssuer>
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		<cusip>648691103</cusip>
		<value>10863</value>
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			<sshPrnamt>1109560</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>52215</Sole>
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		<nameOfIssuer>NEW YORK TIMES CO</nameOfIssuer>
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		<cusip>650111107</cusip>
		<value>1108</value>
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			<sshPrnamt>83311</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>83311</Shared>
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		<nameOfIssuer>NEXTERA ENERGY INC</nameOfIssuer>
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		<cusip>65339F101</cusip>
		<value>27</value>
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			<sshPrnamt>226</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>226</Sole>
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		<nameOfIssuer>NEXTERA ENERGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>65339F101</cusip>
		<value>22236</value>
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			<sshPrnamt>186134</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
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			<Shared>593</Shared>
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		<nameOfIssuer>NOKIA CORP</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>654902204</cusip>
		<value>247559</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
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		<nameOfIssuer>NOMAD HLDGS LTD</nameOfIssuer>
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		<cusip>G6564A105</cusip>
		<value>2678</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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		<nameOfIssuer>NORTHERN TR CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>665859104</cusip>
		<value>19620</value>
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			<sshPrnamt>220322</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>165164</Shared>
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		<nameOfIssuer>NORTHSTAR ASSET MGMT GROUP I</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>66705Y104</cusip>
		<value>656</value>
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			<sshPrnamt>43965</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>14387</Sole>
			<Shared>29578</Shared>
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		<nameOfIssuer>NORTHSTAR REALTY EUROPE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>66706L101</cusip>
		<value>139</value>
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			<sshPrnamt>11019</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>4829</Sole>
			<Shared>6190</Shared>
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		<nameOfIssuer>NORTHSTAR RLTY FIN CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>66704R803</cusip>
		<value>552</value>
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			<sshPrnamt>36426</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>14487</Sole>
			<Shared>21939</Shared>
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		<nameOfIssuer>NOVAGOLD RES INC</nameOfIssuer>
		<titleOfClass>COM NEW</titleOfClass>
		<cusip>66987E206</cusip>
		<value>2705</value>
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			<sshPrnamt>593180</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>484070</Shared>
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		<nameOfIssuer>NOVELION THERAPEUTICS COM</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>67001K202</cusip>
		<value>2278</value>
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			<sshPrnamt>270553</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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		<nameOfIssuer>NRG ENERGY INC</nameOfIssuer>
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		<cusip>629377508</cusip>
		<value>3</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
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		<nameOfIssuer>NRG ENERGY INC</nameOfIssuer>
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		<cusip>629377508</cusip>
		<value>575</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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		<nameOfIssuer>NRG YIELD INC</nameOfIssuer>
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		<value>28202</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>22481</Shared>
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		<nameOfIssuer>NXP SEMICONDUCTORS N V</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>N6596X109</cusip>
		<value>23734</value>
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			<sshPrnamt>242158</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>15630</Sole>
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		<nameOfIssuer>O REILLY AUTOMOTIVE INC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>67103H107</cusip>
		<value>494</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>1776</Shared>
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		<nameOfIssuer>OAKTREE CAP GROUP LLC</nameOfIssuer>
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		<cusip>674001201</cusip>
		<value>726</value>
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			<sshPrnamt>19355</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>19355</Shared>
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		<nameOfIssuer>OCCIDENTAL PETE CORP DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>674599105</cusip>
		<value>234890</value>
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			<sshPrnamt>3297622</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>3235161</Shared>
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		<nameOfIssuer>OMNICOM GROUP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>681919106</cusip>
		<value>4517</value>
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			<sshPrnamt>53068</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>26577</Shared>
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		<nameOfIssuer>ON SEMICONDUCTOR CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>682189105</cusip>
		<value>159</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>12500</Shared>
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		<nameOfIssuer>ORACLE CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>68389X105</cusip>
		<value>28287</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>141593</Shared>
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		<nameOfIssuer>PACE HLDGS CORP</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>G6865N103</cusip>
		<value>1801</value>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>74727</Sole>
			<Shared>103259</Shared>
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		<nameOfIssuer>PACIFIC BIOSCIENCES CALIF IN</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>69404D108</cusip>
		<value>3966</value>
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			<sshPrnamt>1043709</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1019347</Shared>
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		<nameOfIssuer>PANDORA MEDIA INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>698354107</cusip>
		<value>177</value>
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			<sshPrnamt>13600</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>10100</Sole>
			<Shared>3500</Shared>
			<None>0</None>
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		<nameOfIssuer>PAVMED INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>70387R106</cusip>
		<value>155</value>
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			<sshPrnamt>22412</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>22412</Shared>
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		<nameOfIssuer>PEPSICO INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>713448108</cusip>
		<value>381</value>
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			<sshPrnamt>3637</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>3637</Shared>
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		<nameOfIssuer>PERKINELMER INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>714046109</cusip>
		<value>31587</value>
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			<sshPrnamt>605702</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>601622</Shared>
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		<nameOfIssuer>PERRIGO CO PLC</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>G97822103</cusip>
		<value>243</value>
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			<sshPrnamt>2917</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2917</Shared>
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		<nameOfIssuer>PFIZER INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>717081103</cusip>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7990867</Shared>
			<None>321714</None>
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	<infoTable>
		<nameOfIssuer>PINNACLE FOODS INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>72348P104</cusip>
		<value>152992</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2862334</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>2218</Sole>
			<Shared>2817876</Shared>
			<None>42240</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PINNACLE WEST CAP CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>723484101</cusip>
		<value>4</value>
		<shrsOrPrnAmt>
			<sshPrnamt>52</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>52</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PINNACLE WEST CAP CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>723484101</cusip>
		<value>375</value>
		<shrsOrPrnAmt>
			<sshPrnamt>4803</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4803</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PITNEY BOWES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>724479100</cusip>
		<value>235</value>
		<shrsOrPrnAmt>
			<sshPrnamt>15500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15500</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>POTASH CORP SASK INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>73755L107</cusip>
		<value>181</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PPL CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>69351T106</cusip>
		<value>29</value>
		<shrsOrPrnAmt>
			<sshPrnamt>863</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>863</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PPL CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>69351T106</cusip>
		<value>2780</value>
		<shrsOrPrnAmt>
			<sshPrnamt>81643</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>70249</Shared>
			<None>11394</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PRAXAIR INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>74005P104</cusip>
		<value>207</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1766</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1766</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PROCTER &amp; GAMBLE CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>742718109</cusip>
		<value>4306</value>
		<shrsOrPrnAmt>
			<sshPrnamt>51212</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>25878</Shared>
			<None>25334</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>PROLOGIS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>74340W103</cusip>
		<value>1373</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>26000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>REALOGY HLDGS CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>75605Y106</cusip>
		<value>7006</value>
		<shrsOrPrnAmt>
			<sshPrnamt>272275</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>272275</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>REXNORD CORP NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>76169B102</cusip>
		<value>2104</value>
		<shrsOrPrnAmt>
			<sshPrnamt>107383</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>97353</Shared>
			<None>10030</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>REYNOLDS AMERICAN INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>761713106</cusip>
		<value>3164</value>
		<shrsOrPrnAmt>
			<sshPrnamt>56455</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>14384</Sole>
			<Shared>42071</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>RITE AID CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>767754104</cusip>
		<value>2078</value>
		<shrsOrPrnAmt>
			<sshPrnamt>252206</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>65403</Sole>
			<Shared>186803</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>ROUSE PPTYS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>779287101</cusip>
		<value>10231</value>
		<shrsOrPrnAmt>
			<sshPrnamt>560613</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>38528</Sole>
			<Shared>519785</Shared>
			<None>2300</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SCHLUMBERGER LTD</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>806857108</cusip>
		<value>1375</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16384</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>16384</Shared>
			<None>0</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>SEALED AIR CORP NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>81211K100</cusip>
		<value>3929</value>
		<shrsOrPrnAmt>
			<sshPrnamt>86666</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1851</Shared>
			<None>84815</None>
		</votingAuthority>
	</infoTable>
	<infoTable>
		<nameOfIssuer>SEMGROUP CORP</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>81663A105</cusip>
		<value>367</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8796</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8796</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SEMPRA ENERGY </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>816851109</cusip>
		<value>19</value>
		<shrsOrPrnAmt>
			<sshPrnamt>185</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>185</Sole>
			<Shared>0</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SEMPRA ENERGY </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>816851109</cusip>
		<value>21747</value>
		<shrsOrPrnAmt>
			<sshPrnamt>216083</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5071</Shared>
			<None>211012</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SENSATA TECHNOLOGIES HLDG NV</nameOfIssuer>
		<titleOfClass>SHS</titleOfClass>
		<cusip>N7902X106</cusip>
		<value>409</value>
		<shrsOrPrnAmt>
			<sshPrnamt>10500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>10500</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SERITAGE GROWTH PPTYS</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>81752R100</cusip>
		<value>522</value>
		<shrsOrPrnAmt>
			<sshPrnamt>12230</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>12230</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SIRIUS XM HOLDINGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>82968B103</cusip>
		<value>806</value>
		<shrsOrPrnAmt>
			<sshPrnamt>181147</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>181147</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SL GREEN RLTY CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>78440X101</cusip>
		<value>323</value>
		<shrsOrPrnAmt>
			<sshPrnamt>3000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3000</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SMART &amp; FINAL STORES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>83190B101</cusip>
		<value>358</value>
		<shrsOrPrnAmt>
			<sshPrnamt>25362</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
		</shrsOrPrnAmt>
		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>25362</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SPDR GOLD TRUST</nameOfIssuer>
		<titleOfClass>GOLD SHS</titleOfClass>
		<cusip>78463V107</cusip>
		<value>6729</value>
		<shrsOrPrnAmt>
			<sshPrnamt>61394</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>61394</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SPDR S&amp;P 500 ETF TR</nameOfIssuer>
		<titleOfClass>TR UNIT</titleOfClass>
		<cusip>78462F103</cusip>
		<value>1632</value>
		<shrsOrPrnAmt>
			<sshPrnamt>7300</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>7300</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>SPDR SERIES TRUST</nameOfIssuer>
		<titleOfClass>S&amp;P BK ETF</titleOfClass>
		<cusip>78464A797</cusip>
		<value>287</value>
		<shrsOrPrnAmt>
			<sshPrnamt>6600</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6600</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>SPX CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>784635104</cusip>
		<value>6548</value>
		<shrsOrPrnAmt>
			<sshPrnamt>276070</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3816</Shared>
			<None>272254</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SPX FLOW INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>78469X107</cusip>
		<value>17727</value>
		<shrsOrPrnAmt>
			<sshPrnamt>552924</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8389</Shared>
			<None>544535</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>STAPLES INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>855030102</cusip>
		<value>1835</value>
		<shrsOrPrnAmt>
			<sshPrnamt>202763</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>142710</Shared>
			<None>60053</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>STERICYCLE INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>858912108</cusip>
		<value>13325</value>
		<shrsOrPrnAmt>
			<sshPrnamt>172968</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3683</Shared>
			<None>169285</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SUMMIT MATLS INC</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>86614U100</cusip>
		<value>68320</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2871782</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>2832026</Shared>
			<None>39756</None>
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	<infoTable>
		<nameOfIssuer>SUNTRUST BKS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>867914103</cusip>
		<value>470</value>
		<shrsOrPrnAmt>
			<sshPrnamt>8565</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>8565</Shared>
			<None>0</None>
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	<infoTable>
		<nameOfIssuer>SYNCHRONY FINL </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>87165B103</cusip>
		<value>73344</value>
		<shrsOrPrnAmt>
			<sshPrnamt>2022168</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1999376</Shared>
			<None>22792</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>SYNGENTA AG</nameOfIssuer>
		<titleOfClass>SPONSORED ADR</titleOfClass>
		<cusip>87160A100</cusip>
		<value>2080</value>
		<shrsOrPrnAmt>
			<sshPrnamt>26312</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>8491</Sole>
			<Shared>17821</Shared>
			<None>0</None>
		</votingAuthority>
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	<infoTable>
		<nameOfIssuer>TARGET CORP </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>87612E106</cusip>
		<value>132950</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1840654</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1815976</Shared>
			<None>24678</None>
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		<titleOfClass>COM</titleOfClass>
		<cusip>879080109</cusip>
		<value>9467</value>
		<shrsOrPrnAmt>
			<sshPrnamt>372268</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>370718</Shared>
			<None>1550</None>
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		<nameOfIssuer>TEMPLETON DRAGON FD INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>88018T101</cusip>
		<value>221</value>
		<shrsOrPrnAmt>
			<sshPrnamt>13500</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>13500</Shared>
			<None>0</None>
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		<nameOfIssuer>THERMO FISHER SCIENTIFIC INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>883556102</cusip>
		<value>103284</value>
		<shrsOrPrnAmt>
			<sshPrnamt>731994</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>703799</Shared>
			<None>28195</None>
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		<nameOfIssuer>TIFFANY &amp; CO NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>886547108</cusip>
		<value>1011</value>
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			<sshPrnamt>13055</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>6775</Shared>
			<None>6280</None>
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		<nameOfIssuer>TIME WARNER INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>887317303</cusip>
		<value>15663</value>
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			<sshPrnamt>162265</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>8740</Sole>
			<Shared>128180</Shared>
			<None>25345</None>
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		<nameOfIssuer>TRAVELCENTERS AMER LLC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>894174101</cusip>
		<value>142</value>
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			<sshPrnamt>20000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>20000</Shared>
			<None>0</None>
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		<nameOfIssuer>TRAVELERS COMPANIES INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>89417E109</cusip>
		<value>1409</value>
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			<sshPrnamt>11506</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>11506</Shared>
			<None>0</None>
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		<nameOfIssuer>TRIBUNE MEDIA CO</nameOfIssuer>
		<titleOfClass>CL A</titleOfClass>
		<cusip>896047503</cusip>
		<value>17637</value>
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			<sshPrnamt>504199</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>309645</Shared>
			<None>194554</None>
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		<nameOfIssuer>TWITTER INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>90184L102</cusip>
		<value>249</value>
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			<sshPrnamt>15300</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>3900</Sole>
			<Shared>11400</Shared>
			<None>0</None>
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		<nameOfIssuer>ULTA SALON COSMETCS &amp; FRAG I</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>90384S303</cusip>
		<value>215</value>
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			<sshPrnamt>845</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>845</Shared>
			<None>0</None>
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		<nameOfIssuer>UNDER ARMOUR INC</nameOfIssuer>
		<titleOfClass>CL C</titleOfClass>
		<cusip>904311206</cusip>
		<value>896</value>
		<shrsOrPrnAmt>
			<sshPrnamt>35600</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>10700</Sole>
			<Shared>24900</Shared>
			<None>0</None>
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		<nameOfIssuer>UNILEVER N V</nameOfIssuer>
		<titleOfClass>N Y SHS NEW</titleOfClass>
		<cusip>904784709</cusip>
		<value>313</value>
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			<sshPrnamt>7611</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>5616</Shared>
			<None>1995</None>
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		<nameOfIssuer>UNITED PARCEL SERVICE INC</nameOfIssuer>
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		<cusip>911312106</cusip>
		<value>2320</value>
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			<sshPrnamt>20233</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15703</Shared>
			<None>4530</None>
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		<nameOfIssuer>UNITED TECHNOLOGIES CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>913017109</cusip>
		<value>406</value>
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			<sshPrnamt>3700</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3700</Shared>
			<None>0</None>
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		<nameOfIssuer>UNIVERSAL HLTH SVCS INC </nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>913903100</cusip>
		<value>1007</value>
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			<sshPrnamt>9466</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>9466</Shared>
			<None>0</None>
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		<nameOfIssuer>VAIL RESORTS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>91879Q109</cusip>
		<value>518</value>
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			<sshPrnamt>3210</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>3210</Shared>
			<None>0</None>
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		<nameOfIssuer>VERIFONE SYS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>92342Y109</cusip>
		<value>292</value>
		<shrsOrPrnAmt>
			<sshPrnamt>16450</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>15325</Shared>
			<None>1125</None>
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		<nameOfIssuer>VERIZON COMMUNICATIONS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>92343V104</cusip>
		<value>59515</value>
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			<sshPrnamt>1114934</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>1114934</Shared>
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		<nameOfIssuer>VMWARE INC</nameOfIssuer>
		<titleOfClass>CL A COM</titleOfClass>
		<cusip>928563402</cusip>
		<value>15065</value>
		<shrsOrPrnAmt>
			<sshPrnamt>191347</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>4056</Shared>
			<None>187291</None>
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		<nameOfIssuer>VORNADO RLTY TR</nameOfIssuer>
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		<cusip>929042109</cusip>
		<value>21139</value>
		<shrsOrPrnAmt>
			<sshPrnamt>202538</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>149445</Shared>
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		<nameOfIssuer>VOYA FINL INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>929089100</cusip>
		<value>47696</value>
		<shrsOrPrnAmt>
			<sshPrnamt>1216122</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>3560</Sole>
			<Shared>1198934</Shared>
			<None>13628</None>
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		<nameOfIssuer>WALKER &amp; DUNLOP INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>93148P102</cusip>
		<value>936</value>
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			<sshPrnamt>30000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>30000</Shared>
			<None>0</None>
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		<nameOfIssuer>WELLS FARGO &amp; CO NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>949746101</cusip>
		<value>757</value>
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			<sshPrnamt>13731</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>9331</Shared>
			<None>4400</None>
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		<nameOfIssuer>WESTERN ASSET GLB PTNRS INCO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>95766B109</cusip>
		<value>179</value>
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			<sshPrnamt>18206</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>0</Shared>
			<None>18206</None>
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		<nameOfIssuer>WEYERHAEUSER CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>962166104</cusip>
		<value>1324</value>
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			<sshPrnamt>44000</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>44000</Shared>
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		<nameOfIssuer>WHITEWAVE FOODS CO</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>966244105</cusip>
		<value>1185</value>
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			<sshPrnamt>21309</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>15614</Sole>
			<Shared>5695</Shared>
			<None>0</None>
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		<nameOfIssuer>WILLIAMS COS INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>969457100</cusip>
		<value>4</value>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
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		<nameOfIssuer>WILLIAMS COS INC DEL</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>969457100</cusip>
		<value>14796</value>
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			<sshPrnamt>475132</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>395731</Shared>
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		<nameOfIssuer>WMIH CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>92936P100</cusip>
		<value>921</value>
		<shrsOrPrnAmt>
			<sshPrnamt>594063</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>92222</Sole>
			<Shared>501841</Shared>
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		<nameOfIssuer>WPP PLC NEW</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>92937A102</cusip>
		<value>266</value>
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			<sshPrnamt>2400</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>0</Shared>
			<None>2400</None>
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		<nameOfIssuer>WESTERN ASSET CLYM INFL OPP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>95766R104</cusip>
		<value>123</value>
		<shrsOrPrnAmt>
			<sshPrnamt>11070</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>0</Shared>
			<None>11070</None>
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		<nameOfIssuer>WESTERN ASSET CLYM INFL SEC</nameOfIssuer>
		<titleOfClass>COM SH BEN INT</titleOfClass>
		<cusip>95766Q106</cusip>
		<value>167</value>
		<shrsOrPrnAmt>
			<sshPrnamt>14522</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>0</Sole>
			<Shared>14522</Shared>
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		<nameOfIssuer>XCEL ENERGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>98389B100</cusip>
		<value>23</value>
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			<sshPrnamt>553</sshPrnamt>
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		<investmentDiscretion>SOLE</investmentDiscretion>
		<votingAuthority>
			<Sole>553</Sole>
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			<None>0</None>
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		<nameOfIssuer>XCEL ENERGY INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>98389B100</cusip>
		<value>179</value>
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			<sshPrnamt>4405</sshPrnamt>
			<sshPrnamtType>SH</sshPrnamtType>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>4405</Shared>
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		<nameOfIssuer>XEROX CORP</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>984121103</cusip>
		<value>873</value>
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			<sshPrnamt>100045</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>29728</Sole>
			<Shared>70317</Shared>
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		<nameOfIssuer>YAHOO INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>984332106</cusip>
		<value>4028</value>
		<shrsOrPrnAmt>
			<sshPrnamt>104151</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
			<Sole>33322</Sole>
			<Shared>70829</Shared>
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		<nameOfIssuer>YUM CHINA HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>98850P109</cusip>
		<value>204</value>
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			<sshPrnamt>7810</sshPrnamt>
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		<investmentDiscretion>OTR</investmentDiscretion>
		<votingAuthority>
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			<Shared>7810</Shared>
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		<nameOfIssuer>ZIMMER BIOMET HLDGS INC</nameOfIssuer>
		<titleOfClass>COM</titleOfClass>
		<cusip>98956P102</cusip>
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