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

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

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ALEXANDER & BALDWIN INC NEW COM 014491104 14,271 607,277 SH   SOLE   607,277 0 0
AMERICAN INTL GROUP INC COM NEW 026874784 22,151 417,780 SH   SOLE   417,780 0 0
CARDINAL HEALTH INC COM 14149Y108 12,887 263,923 SH   SOLE   263,923 0 0
CHUBB LIMITED COM H1467J104 13,735 108,133 SH   SOLE   108,133 0 0
CNX MIDSTREAM PARTNERS LP COM UNIT REPST 12654A101 23,043 1,188,392 SH   SOLE   1,188,392 0 0
COHERENT INC COM 192479103 14,173 90,610 SH   SOLE   90,610 0 0
COLFAX CORP COM 194014106 20,404 665,720 SH   SOLE   665,720 0 0
DOWDUPONT INC COM 26078J100 13,763 208,787 SH   SOLE   208,787 0 0
F M C CORP COM NEW 302491303 14,425 161,694 SH   SOLE   161,694 0 0
GENERAL MTRS CO COM 37045V100 20,606 522,999 SH   SOLE   522,999 0 0
GOODRICH PETE CORP COM PAR 382410843 124 10,000 SH   SOLE   10,000 0 0
NETAPP INC COM 64110D104 15,760 200,682 SH   SOLE   200,682 0 0
ORTHOFIX INTL N V COM N6748L102 15,901 279,855 SH   SOLE   279,855 0 0
PFIZER INC COM 717081103 26,477 729,787 SH   SOLE   729,787 0 0
RAYONIER INC COM 754907103 39 1,020 SH   SOLE   1,020 0 0
T MOBILE US INC COM 872590104 22,190 371,383 SH   SOLE   371,383 0 0
VERITEX HLDGS INC COM 923451108 47 1,500 SH   SOLE   1,500 0 0