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
AMERICAN EXPRESS CO COM 025816109 3,729 26,367 SH   SOLE   19,510 0 6,857
AUTOZONE INC COM 053332102 3,221 2,294 SH   SOLE   1,709 0 585
BIG LOTS INC COM 089302103 3,619 52,991 SH   SOLE   41,643 0 11,348
CDK GLOBAL INC COM 12508E101 4,152 76,801 SH   SOLE   59,401 0 17,400
CHANGE HEALTHCARE INC COM 15912K100 1,996 90,318 SH   SOLE   70,882 0 19,436
CHICOS FAS INC COM 168615102 395 119,262 SH   SOLE   119,262 0 0
CIT GROUP INC COM NEW 125581801 4,473 86,837 SH   SOLE   68,152 0 18,685
COMPASS MINERALS INTL INC COM 20451N101 2,525 40,254 SH   SOLE   32,131 0 8,123
CISCO SYS INC COM 17275R102 3,081 59,589 SH   SOLE   44,307 0 15,282
COOPER TIRE & RUBR CO COM 216831107 3,828 68,386 SH   SOLE   53,708 0 14,678
COMMUNITY TR BANCORP INC COM 204149108 3,888 88,296 SH   SOLE   69,721 0 18,575
CVB FINL CORP COM 126600105 3,644 164,962 SH   SOLE   129,878 0 35,084
DXC TECHNOLOGY CO COM 23355L106 2,728 87,279 SH   SOLE   68,227 0 19,052
EBAY INC COM 278642103 2,103 34,340 SH   SOLE   25,541 0 8,799
EVERTEC INC COM 30040P103 3,743 100,572 SH   SOLE   79,529 0 21,043
EXELON CORP COM 30161N101 1,870 42,743 SH   SOLE   31,729 0 11,014
FRESH DEL MONTE PRODUCE INC ORD G36738105 357 12,452 SH   SOLE   12,452 0 0
FIRST HAWAIIAN INC COM 32051X108 4,470 163,319 SH   SOLE   128,028 0 35,291
FORWARD AIR CORP COM 349853101 456 5,134 SH   SOLE   5,134 0 0
GENERAL MLS INC COM 370334104 2,069 33,749 SH   SOLE   25,470 0 8,279
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 2,955 82,792 SH   SOLE   62,300 0 20,492
HNI CORP COM 404251100 2,044 51,667 SH   SOLE   40,982 0 10,685
HANCOCK WHITNEY CORPORATION COM 410120109 628 14,946 SH   SOLE   14,946 0 0
INTERNATIONAL BUSINESS MACHS COM 459200101 2,689 20,178 SH   SOLE   15,028 0 5,150
JOHNSON & JOHNSON COM 478160104 1,806 10,989 SH   SOLE   8,249 0 2,740
KRAFT HEINZ CO COM 500754106 2,810 70,258 SH   SOLE   52,708 0 17,550
KLX ENERGY SERVICS HOLDNGS I COM NEW 48253L205 3,080 192,163 SH   SOLE   159,311 0 32,852
NCR CORP NEW COM 62886E108 4,717 124,300 SH   SOLE   97,221 0 27,079
NEXTGEN HEALTHCARE INC COM 65343C102 248 13,723 SH   SOLE   13,723 0 0
PERDOCEO ED CORP COM 71363P106 1,632 136,453 SH   SOLE   108,861 0 27,592
QURATE RETAIL INC COM SER A 74915M100 2,430 206,620 SH   SOLE   162,336 0 44,284
RAYTHEON TECHNOLOGIES CORP COM 75513E101 2,690 34,817 SH   SOLE   25,874 0 8,943
SEALED AIR CORP NEW COM 81211K100 2,132 46,530 SH   SOLE   37,210 0 9,320
SCHLUMBERGER LTD COM 806857108 2,634 96,866 SH   SOLE   72,055 0 24,811
STERICYCLE INC COM 858912108 3,293 48,779 SH   SOLE   37,748 0 11,031
STEWART INFORMATION SVCS COR COM 860372101 389 7,482 SH   SOLE   7,482 0 0
THERMON GROUP HLDGS INC COM 88362T103 430 22,051 SH   SOLE   22,051 0 0
MILLICOM INTL CELLULAR S A COM STK L6388F110 211 5,527 SH   SOLE   5,527 0 0
URBAN OUTFITTERS INC COM 917047102 320 8,601 SH   SOLE   8,601 0 0
WESTAMERICA BANCORPORATION COM 957090103 2,730 43,482 SH   SOLE   34,148 0 9,334