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
AIR PRODS & CHEMS INC COM 009158106 10,878 56,964 SH   SOLE   56,964 0 0
AMERICAN AIRLS GROUP INC COM 02376R102 996 31,354 SH   SOLE   31,354 0 0
AMERICAN AXLE & MFG HLDGS IN COM 024061103 958 66,915 SH   SOLE   66,915 0 0
ASHLAND GLOBAL HLDGS IN COM 044186104 1,810 23,163 SH   SOLE   23,163 0 0
AXALTA COATING SYS LTD COM G0750C108 881 34,933 SH   SOLE   34,933 0 0
BOEING CO COM 097023105 5,450 14,289 SH   SOLE   14,289 0 0
BORGWARNER INC COM 099724106 1,709 44,481 SH   SOLE   44,481 0 0
CARLISLE COS INC COM 142339100 2,784 22,706 SH   SOLE   22,706 0 0
CNH INDL N V SHS N20944109 3,626 355,474 SH   SOLE   355,474 0 0
DANA INCORPORATED COM 235825205 939 52,933 SH   SOLE   52,933 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 1,927 37,314 SH   SOLE   37,314 0 0
DOWDUPONT INC COM 26078J100 5,515 103,448 SH   SOLE   103,448 0 0
EATON CORP PLC SHS G29183103 4,578 56,823 SH   SOLE   56,823 0 0
FIAT CHRYSLER AUTOMOBILES N SHS N31738102 1,829 123,133 SH   SOLE   123,133 0 0
GARDNER DENVER HLDGS INC COM 36555P107 6,498 233,658 SH   SOLE   233,658 0 0
GENERAL MTRS CO COM 37045V100 1,902 51,269 SH   SOLE   51,269 0 0
FULLER H B CO COM 359694106 1,802 37,052 SH   SOLE   37,052 0 0
HONEYWELL INTL INC COM 438516106 1,834 11,541 SH   SOLE   11,541 0 0
HUNTINGTON INGALLS INDS INC COM 446413106 4,621 22,302 SH   SOLE   22,302 0 0
INTERNATIONAL FLAVORS&FRAGRA COM 459506101 6,379 49,530 SH   SOLE   49,530 0 0
L3 TECHNOLOGIES INC COM 502413107 8,239 39,924 SH   SOLE   39,924 0 0
LOCKHEED MARTIN CORP COM 539830109 4,675 15,574 SH   SOLE   15,574 0 0
NAVISTAR INTL CORP NEW COM 63934E108 3,681 113,948 SH   SOLE   113,948 0 0
NVENT ELECTRIC PLC SHS G6700G107 3,748 138,930 SH   SOLE   138,930 0 0
OSHKOSH CORP COM 688239201 953 12,684 SH   SOLE   12,684 0 0
REXNORD CORP NEW COM NEW 76169B102 1,939 77,114 SH   SOLE   77,114 0 0
SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 18,193 242,480 SH   SOLE   242,480 0 0
SENSIENT TECHNOLOGIES CORP COM 81725T100 6,351 93,691 SH   SOLE   93,691 0 0
UNITED RENTALS INC COM 911363109 4,521 39,569 SH   SOLE   39,569 0 0
UNITED TECHNOLOGIES CORP COM 913017109 9,100 70,605 SH   SOLE   70,605 0 0
GRACE W R & CO DEL NEW COM 38388F108 1,855 23,776 SH   SOLE   23,776 0 0