The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Arch Coal COM 039380308 213 216,359 SH   SOLE   33,732 0 182,987
Bank of America COM 060505104 7,697 457,343 SH   SOLE   106,628 0 350,715
BP ADR COM 055622104 469 15,000 SH   SOLE   15,000 0 0
Bristol Myers Squibb COM 110122108 855 12,430 SH   SOLE   13,930 0 0
Chemours COM 163851108 33 6,210 SH   SOLE   1,257 0 4,953
Chevron COM 166764100 4,428 49,223 SH   SOLE   9,854 0 39,639
Cisco Systems COM 17275R102 6,797 250,316 SH   SOLE   59,334 0 190,982
Citigroup COM 172967424 7,202 139,166 SH   SOLE   30,244 0 108,922
Conoco Phillips COM 20825C104 3,815 81,719 SH   SOLE   17,038 0 64,681
Corning COM 219350105 1,699 92,933 SH   SOLE   7,162 0 85,771
DuPont COM 263534109 2,069 31,062 SH   SOLE   6,287 0 24,775
Ford COM 345370860 7,278 516,520 SH   SOLE   108,639 0 407,881
Gannett COM 36473h104 534 32,802 SH   SOLE   7,814 0 24,988
General Motors COM 37045V100 7,515 220,973 SH   SOLE   49,080 0 171,893
Hewlett Packard Ent. COM 42824C109 1,202 79,103 SH   SOLE   30,974 0 48,129
HP Inc. COM 40434L105 937 79,103 SH   SOLE   30,974 0 48,129
Intel COM 458140100 4,251 123,397 SH   SOLE   43,810 0 79,587
J.P. Morgan COM 46625H100 2,424 36,708 SH   SOLE   4,716 0 31,992
KEYW Holdings COM 493723100 2,582 428,855 SH   SOLE   103,732 0 325,123
Kimberly-Clark COM 494368103 1,109 8,708 SH   SOLE   8,708 0 0
Kohl's COM 500255104 4,626 97,132 SH   SOLE   21,031 0 76,101
Eli Lilly COM 532457108 3,039 36,069 SH   SOLE   8,975 0 27,094
Met Life COM 59156R108 5,212 108,112 SH   SOLE   26,989 0 81,123
Partner Re COM G6852T105 4,383 31,362 SH   SOLE   1,137 0 30,225
Peabody Energy COM 704549104 194 25,239 SH   SOLE   5,901 0 19,338
Pfizer COM 717081103 2,992 92,696 SH   SOLE   34,934 0 57,762
SunTrust COM 867914103 2,549 59,502 SH   SOLE   11,000 0 48,502
TEGNA COM 87901J105 1,674 65,605 SH   SOLE   15,628 0 49,977
Transocean Ltd. COM H8817H100 2,280 184,178 SH   SOLE   27,316 0 156,862
Transocean Partners COM Y8977Y100 76 8,627 SH   SOLE   4,654 0 3,973
United Bankshares COM 909907107 925 25,000 SH   SOLE   25,000 0 0
United Parcel COM 911312106 2,483 25,799 SH   SOLE   7,524 0 18,275
Verizon COM 92343V104 5,582 120,764 SH   SOLE   29,818 0 90,946
Wells Fargo COM 949746101 3,447 63,406 SH   SOLE   16,454 0 46,952
Whole Foods COM 966837106 1,842 54,991 SH   SOLE   13,699 0 41,292