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
ABBVIE INC COM 00287Y109 1,299 11,532 SH   SOLE 0 11,532 0 0
ADVANSIX INC COM 00773T101 1,396 46,753 SH   SOLE 0 46,753 0 0
ALLIANCEBERNSTEIN LP UNIT 01881G106 560 12,031 SH   SOLE 0 12,031 0 0
AMKOR TECHNOLOGY INC COM 031652100 535 22,590 SH   SOLE 0 22,590 0 0
ANTHEM INC COM 036752103 1,073 2,810 SH   SOLE 0 2,810 0 0
APPLE COM 037833100 2,458 17,946 SH   SOLE 0 17,946 0 0
APPLIED MATLS INC COM COM 038222105 1,229 8,630 SH   SOLE 0 8,630 0 0
ARES CAPITAL CORPORATION COM 04010L103 1,304 66,563 SH   SOLE 0 66,563 0 0
ARROW ELECTRS INC COM COM 042735100 1,427 12,540 SH   SOLE 0 12,540 0 0
AUTOZONE INC COM 053332102 1,118 749 SH   SOLE 0 749 0 0
BERKSHIRE HATHAWAY INC CL B CL B 084670702 2,490 8,958 SH   SOLE 0 8,958 0 0
BLACKROCK INC COM 09247X101 1,107 1,265 SH   SOLE 0 1,265 0 0
BLACKSTONE GROUP COM 09260D107 977 10,053 SH   SOLE 0 10,053 0 0
BONANZA CREEK ENERGY COM 097793400 489 10,399 SH   SOLE 0 10,399 0 0
BORG WARNER COM 099724106 235 4,850 SH   SOLE 0 4,850 0 0
BRISTOL-MYERS SQUIBB COM 110122108 1,345 20,122 SH   SOLE 0 20,122 0 0
CABOT CORP COM 127055101 487 8,550 SH   SOLE 0 8,550 0 0
CELANESE CORP COM 150870103 954 6,293 SH   SOLE 0 6,293 0 0
CHARTER COMMUNICATIONS CL A 16119P108 1,210 1,677 SH   SOLE 0 1,677 0 0
CHECK POINT SOFTWARE ORD M22465104 646 5,567 SH   SOLE 0 5,567 0 0
CHUBB LIMITED COM H1467J104 991 6,238 SH   SOLE 0 6,238 0 0
COHU INC COM COM 192576106 1,228 33,380 SH   SOLE 0 33,380 0 0
COMCAST CL A CL A 20030N101 1,486 26,068 SH   SOLE 0 26,068 0 0
COMPASS DIVERSIFIED HOLDINGS SHS 20451Q104 654 25,660 SH   SOLE 0 25,660 0 0
CONCENTRIX CORP COM 20602D101 1,268 7,884 SH   SOLE 0 7,884 0 0
COWEN INC CL A 223622606 1,479 36,025 SH   SOLE 0 36,025 0 0
D R HORTON INC COM COM 23331A109 1,408 15,583 SH   SOLE 0 15,583 0 0
DAIMLER AG ADR 233825207 250 11,200 SH   SOLE 0 11,200 0 0
DIAMONDBACK ENERGY COM 25278X109 1,478 15,737 SH   SOLE 0 15,737 0 0
DISNEY WALT CO COM COM 254687106 1,150 6,541 SH   SOLE 0 6,541 0 0
ENERSYS COM 29275Y102 1,068 10,933 SH   SOLE 0 10,933 0 0
EVEREST RE COM G3223R108 1,430 5,674 SH   SOLE 0 5,674 0 0
FOOT LOCKER INC COM 344849104 1,218 19,770 SH   SOLE 0 19,770 0 0
G-III APPAREL GROUP LTD. COM 36237H101 1,378 41,948 SH   SOLE 0 41,948 0 0
GLOBAL MEDICAL REIT INC COM 37954A204 345 23,356 SH   SOLE 0 23,356 0 0
GMS INC COM 36251C103 311 6,459 SH   SOLE 0 6,459 0 0
GOLDMAN SACHS COM 38141G104 1,506 3,969 SH   SOLE 0 3,969 0 0
GOLUB CAPITAL BDC COM 38173M102 352 22,840 SH   SOLE 0 22,840 0 0
GRAHAM HOLDINGS LTD CL B 384637104 472 745 SH   SOLE 0 745 0 0
GRAY TELEVISION INC COM 389375106 982 41,963 SH   SOLE 0 41,963 0 0
HERCULES CAPITAL INC COM 427096508 1,404 82,284 SH   SOLE 0 82,284 0 0
HURCO COMPANIES COM 447324104 277 7,900 SH   SOLE 0 7,900 0 0
ICHOR HOLDINGS SHS G4740B105 1,224 22,743 SH   SOLE 0 22,743 0 0
INSTEEL INDUSTRIES INC. COM 45774W108 709 22,049 SH   SOLE 0 22,049 0 0
IRON MOUNTAIN INC COM 46284V101 1,012 23,912 SH   SOLE 0 23,912 0 0
ITURAN LOCATION AND CONTROL LTD. SHS M6158M104 316 11,596 SH   SOLE 0 11,596 0 0
JABIL CIRCUIT INC. COM 466313103 1,066 18,337 SH   SOLE 0 18,337 0 0
JAZZ PHARMACEUTICALS SHS G50871105 1,275 7,175 SH   SOLE 0 7,175 0 0
JEFFERIES FINANCIAL GROUP COM 47233W109 941 27,520 SH   SOLE 0 27,520 0 0
JP MORGAN CHASE AND CO COM 46625H100 1,410 9,062 SH   SOLE 0 9,062 0 0
KEYCORP INC COM 493267108 368 17,800 SH   SOLE 0 17,800 0 0
KILROY REALTY CORP COM 49427F108 929 13,340 SH   SOLE 0 13,340 0 0
KIMBALL ELECTRONICS INC COM 49428J109 773 35,570 SH   SOLE 0 35,570 0 0
KLA CORP COM COM 482480100 1,118 3,448 SH   SOLE 0 3,448 0 0
LABORATORY CORP. OF AMERICA SHS 50540R409 1,494 5,417 SH   SOLE 0 5,417 0 0
LAM RESEARCH CORP COM 512807108 1,134 1,742 SH   SOLE 0 1,742 0 0
LENNAR CORP CL A CL A 526057104 1,454 14,631 SH   SOLE 0 14,631 0 0
LKQ CORP COM 501889208 246 4,990 SH   SOLE 0 4,990 0 0
LOCKHEED MARTIN CORP COM 539830109 1,171 3,094 SH   SOLE 0 3,094 0 0
LOUISIANA PACIFIC COM 546347105 1,216 20,167 SH   SOLE 0 20,167 0 0
LUMEN TECHNOLOGIES COM 550241103 1,040 76,544 SH   SOLE 0 76,544 0 0
LYONDELLBASELL INDUSTRIES SHS N53745100 1,174 11,415 SH   SOLE 0 11,415 0 0
M/I HOMES INC COM 55305B101 1,246 21,235 SH   SOLE 0 21,235 0 0
MAGNA INTL INC COM 559222401 1,411 15,226 SH   SOLE 0 15,226 0 0
MALIBU BOATS INC CL A 56117J100 315 4,290 SH   SOLE 0 4,290 0 0
MARINE MAX COM 567908108 1,243 25,493 SH   SOLE 0 25,493 0 0
MICRON TECHNOLOGY INC COM 595112103 1,523 17,916 SH   SOLE 0 17,916 0 0
MKS INSTRUMENTS COM 55306N104 1,113 6,252 SH   SOLE 0 6,252 0 0
MORGAN STANLEY COM 617446448 1,427 15,561 SH   SOLE 0 15,561 0 0
NEXSTAR MEDIA CL A 65336K103 1,410 9,534 SH   SOLE 0 9,534 0 0
NORTHROP GRUMMAN CORP COM 666807102 1,124 3,092 SH   SOLE 0 3,092 0 0
NOVARTIS ADR 66987V109 1,214 13,305 SH   SOLE 0 13,305 0 0
NUCOR CORPORATION COM 670346105 304 3,173 SH   SOLE 0 3,173 0 0
OSHKOSH CORP COM 688239201 994 7,977 SH   SOLE 0 7,977 0 0
OWENS AND MINOR COM 690732102 1,415 33,425 SH   SOLE 0 33,425 0 0
PDC ENERGY INC COM 69327R101 1,366 29,839 SH   SOLE 0 29,839 0 0
POLARIS INC COM 731068102 1,034 7,547 SH   SOLE 0 7,547 0 0
PRICE T ROWE GROUP INC COM 74144T108 1,176 5,940 SH   SOLE 0 5,940 0 0
PROGRESS SOFTWARE CORP COM 743312100 588 12,715 SH   SOLE 0 12,715 0 0
PULTE HOMES COM 745867101 1,117 20,463 SH   SOLE 0 20,463 0 0
QUEST DIAGNOSTICS INC. COM 74834L100 1,234 9,349 SH   SOLE 0 9,349 0 0
RENT-A-CENTER INC COM 76009N100 497 9,362 SH   SOLE 0 9,362 0 0
ROCHE HOLDINGS LIMITED ADR 771195104 847 18,033 SH   SOLE 0 18,033 0 0
SANMINA SCI CORP COM 801056102 308 7,900 SH   SOLE 0 7,900 0 0
SCHNEIDER NATL INC CL B 80689H102 351 16,125 SH   SOLE 0 16,125 0 0
SEAGATE TECHNOLOGY SHS G7997R103 1,208 13,734 SH   SOLE 0 13,734 0 0
SENSATA TECHNOLOGY SHS G8060N102 958 16,521 SH   SOLE 0 16,521 0 0
SILVERCREST ASSET MGMT GROUP CL A 828359109 319 21,194 SH   SOLE 0 21,194 0 0
STAG INDUSTRIAL COM 85254J102 1,382 36,912 SH   SOLE 0 36,912 0 0
STEEL DYNAMICS INC COM 858119100 280 4,700 SH   SOLE 0 4,700 0 0
STERLING CONSTRUCTION COM 859241101 883 36,597 SH   SOLE 0 36,597 0 0
STRATEC SECURITY CORP COM 863111100 205 4,600 SH   SOLE 0 4,600 0 0
SYNNEX CORP COM 87162W100 1,264 10,385 SH   SOLE 1 10,385 1 0
TAPESTRY INC COM 876030107 1,344 30,901 SH   SOLE 2 30,901 2 0
TEGNA INC COM 87901J105 421 22,450 SH   SOLE 3 22,450 3 0
TRI POINTE HOMES INC COM 87265H109 214 10,000 SH   SOLE 4 10,000 4 0
TRINSEO SA SHS L9340P101 1,150 19,219 SH   SOLE 5 19,219 5 0
TRIPLE POINT VENTURE GROWTH COM 89677Y100 1,066 70,148 SH   SOLE 6 70,148 6 0
ULTRA CLEAN HOLDINGS COM 90385V107 1,441 26,831 SH   SOLE 7 26,831 7 0
VECTRUS INC COM 92242T101 773 16,245 SH   SOLE 8 16,245 8 0
VISHAY INTERTECHNOLOGY INC COM 928298108 338 15,000 SH   SOLE 9 15,000 9 0
WERNER ENTERPRISES COM 950755108 245 5,500 SH   SOLE 10 5,500 10 0
WEST FRASER TIMBER CO COM 952845105 1,043 14,549 SH   SOLE 11 14,549 11 0
WESTERN DIGITAL CORPORATION COM 958102105 1,418 19,918 SH   SOLE 12 19,918 12 0
WESTLAKE CHEMICAL PARTNERS LP UNIT 960417103 1,055 39,175 SH   SOLE 13 39,175 13 0