0000902584-21-000005.txt : 20210512 0000902584-21-000005.hdr.sgml : 20210512 20210511185952 ACCESSION NUMBER: 0000902584-21-000005 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210331 FILED AS OF DATE: 20210512 DATE AS OF CHANGE: 20210511 EFFECTIVENESS DATE: 20210512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVISORY RESEARCH INC CENTRAL INDEX KEY: 0000902584 IRS NUMBER: 362831881 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-05637 FILM NUMBER: 21912918 BUSINESS ADDRESS: STREET 1: 180 N. STETSON AVENUE STREET 2: SUITE 5500 CITY: CHICAGO STATE: IL ZIP: 60601 BUSINESS PHONE: 312-565-1414 MAIL ADDRESS: STREET 1: 180 N. STETSON AVENUE STREET 2: SUITE 5500 CITY: CHICAGO STATE: IL ZIP: 60601 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0000902584 XXXXXXXX 03-31-2021 03-31-2021 ADVISORY RESEARCH INC

180 N. STETSON AVENUE SUITE 5500 CHICAGO IL 60601

13F HOLDINGS REPORT 028-05637 N Megan Croal 312-729-2815 Megan Croal Chicago IL 05-11-2021 1 366 1419802 true 1 0001754305 028-19569 North Square Investments, LLC INFORMATION TABLE 2 arifirstqtr2021.xml 1Life Healthcare Inc COM 68269G107 329 8406 SH SOLE 8406 0 0 A T & T Inc New COM 00206R102 934 30850 SH SOLE 27750 0 3100 Abbott Laboratories COM 002824100 1183 9873 SH SOLE 7365 0 2508 Abbott Laboratories COM 002824100 224 1870 SH OTR 1 1870 0 0 Abbvie Incorporated COM 00287Y109 21849 201896 SH SOLE 193331 0 8565 Accel Entertainment Inc COM 00436Q106 14181 1297401 SH SOLE 447297 0 850104 Acceleron Pharma Inc COM 00434H108 980 7230 SH SOLE 7230 0 0 AdaptHealth Corp. Class A COM 00653Q102 683 18583 SH SOLE 18583 0 0 Addus Homecare Corp. COM 006739106 8271 79082 SH SOLE 18203 0 60879 ADT Incorporated COM 00090Q103 459 54362 SH SOLE 54362 0 0 Albany International Corporati COM 012348108 540 6465 SH SOLE 6465 0 0 Alnylam Pharmaceuticals Incorp COM 02043Q107 301 2133 SH SOLE 2133 0 0 Alpha Capital Acquisition Co COM G0316P114 739 73924 SH SOLE 73924 0 0 Alphabet Inc-Cl A COM 02079K305 2304 1117 SH SOLE 901 0 216 Alphabet Inc-Cl A COM 02079K305 285 138 SH OTR 1 138 0 0 Altria Group Inc COM 02209S103 454 8880 SH SOLE 8880 0 0 Amazon.com Inc COM 023135106 2030 656 SH SOLE 656 0 0 Amerco Incorporated COM 023586100 415 677 SH SOLE 677 0 0 American Express Company COM 025816109 1719 12157 SH SOLE 9038 0 3119 American Express Company COM 025816109 254 1798 SH OTR 1 1798 0 0 Apple Inc COM 037833100 632 5175 SH SOLE 5175 0 0 Aptiv PLC COM G6095L109 287 2080 SH SOLE 2080 0 0 Ares Capital Corporation COM 04010L103 2245 120008 SH SOLE 120008 0 0 Ares Management Corporation COM 03990B101 660 11775 SH SOLE 11265 0 510 Arista Networks Inc COM 040413106 328 1085 SH SOLE 1085 0 0 Arrow Electronics Incorporated COM 042735100 6913 62379 SH SOLE 18974 0 43405 Artisan Partners Asset Managem COM 04316A108 7295 139830 SH SOLE 137228 0 2602 Asbury Automotive Group COM 043436104 18186 92548 SH SOLE 28096 0 64452 Asbury Automotive Group COM 043436104 234 1193 SH OTR 1 1193 0 0 ASML Holding NV-NY Reg Shs COM N07059210 390 631 SH SOLE 631 0 0 Astec Industries Inc COM 046224101 2474 32801 SH SOLE 32801 0 0 Atlantic Bancshares Incorporat COM 048269203 10216 423907 SH SOLE 74046 0 349861 Atomera Inc. COM 04965B100 490 20000 SH SOLE 20000 0 0 Austerlitz Acquisition Corp COM G0633U119 10524 1049254 SH SOLE 701424 0 347830 Austerlitz Acquisition Corp COM G0633D117 1807 179965 SH SOLE 179965 0 0 Authentic Equity Acquisition-A COM G06607108 736 75904 SH SOLE 75904 0 0 Autozone COM 053332102 1623 1156 SH SOLE 902 0 254 Autozone COM 053332102 274 195 SH OTR 1 195 0 0 Avery Dennison COM 053611109 404 2202 SH SOLE 2202 0 0 Avid Technology COM 05367P100 4228 200297 SH SOLE 200297 0 0 AxoGen Incorporated COM 05463X106 1867 92144 SH SOLE 92144 0 0 Axon Enterprise Incorporated COM 05464C101 502 3524 SH SOLE 3524 0 0 Axonics Incorporated COM 05465P101 4660 77802 SH SOLE 77802 0 0 B&G Foods Incorporated COM 05508R106 5163 166220 SH SOLE 162081 0 4139 Bankunited Inc Com COM 06652K103 22190 504886 SH SOLE 268904 0 235982 Barings BDC Incorporated COM 06759L103 1594 159748 SH SOLE 159748 0 0 Beam Therapeutics Incorporated COM 07373V105 1626 20309 SH SOLE 20309 0 0 Berkshire Hathaway Inc Del Cl COM 084670702 1709 6690 SH SOLE 4741 0 1949 Berkshire Hathaway Inc Del Cl COM 084670702 293 1148 SH OTR 1 1148 0 0 BlackLine Incorporated COM 09239B109 3167 29218 SH SOLE 29218 0 0 BlackRock TCP Capital Corp COM 09259E108 1234 89223 SH SOLE 89223 0 0 Brightcove Incorporated COM 10921T101 2001 99477 SH SOLE 99477 0 0 Broadcom Incorporated COM 11135F101 1738 3748 SH SOLE 3585 0 163 Brunswick Corporation COM 117043109 14030 147110 SH SOLE 23361 0 123749 Cabot Oil & Gas COM 127097103 11019 586735 SH SOLE 586735 0 0 Callaway Golf Company COM 131193104 5801 216868 SH SOLE 216868 0 0 Cambium Networks Corporation COM G17766109 5441 116461 SH SOLE 116461 0 0 Cannae Holdings Incorporated COM 13765N107 24184 610404 SH SOLE 210857 0 399547 Cannae Holdings Incorporated COM 13765N107 249 6273 SH OTR 1 6273 0 0 Capital Southwest Corporation COM 140501107 664 29970 SH SOLE 29970 0 0 Capri Holdings Limited COM G1890L107 666 13050 SH SOLE 13050 0 0 Carnival Corporation COM 143658300 423 15935 SH SOLE 15214 0 721 Carvana Company COM 146869102 1742 6640 SH SOLE 6640 0 0 Caseys General Stores COM 147528103 6946 32128 SH SOLE 9427 0 22701 Castle Biosciences Inc COM 14843C105 1501 21920 SH SOLE 21920 0 0 CC Neuberger Principal Holding COM G1992N118 225 22500 SH SOLE 22500 0 0 CDW Corporation COM 12514G108 2977 17963 SH SOLE 15638 0 2325 CDW Corporation COM 12514G108 201 1210 SH OTR 1 1210 0 0 Cerence Incorporated COM 156727109 2288 25543 SH SOLE 25543 0 0 Championx Corporation COM 15872M104 18379 845796 SH SOLE 282146 0 563650 Charles Schwab Corp. COM 808513105 799 12253 SH SOLE 12253 0 0 Chegg Incorporated COM 163092109 1220 14239 SH SOLE 14239 0 0 Chesapeake Utilities COM 165303108 917 7903 SH SOLE 6169 0 1734 Chesapeake Utilities COM 165303108 159 1367 SH OTR 1 1367 0 0 Chevron Corporation New COM 166764100 1446 13796 SH SOLE 10228 0 3568 Chevron Corporation New COM 166764100 222 2118 SH OTR 1 2118 0 0 Citizens Financial Group COM 174610105 13396 303420 SH SOLE 295984 0 7436 Cognex Corporation COM 192422103 314 3789 SH SOLE 3789 0 0 Constellation Brands Inc-A COM 21036P108 2058 9026 SH SOLE 8637 0 389 Core Mark Holding Company Inco COM 218681104 18895 488380 SH SOLE 186039 0 302341 Core Mark Holding Company Inco COM 218681104 224 5795 SH OTR 1 5795 0 0 CoStar Group Inc COM 22160N109 601 731 SH SOLE 731 0 0 Cree Incorporated COM 225447101 998 9226 SH SOLE 9226 0 0 CrowdStrike Holdings Inc Class COM 22788C105 268 1469 SH SOLE 1469 0 0 Cue Biopharma Incorporated COM 22978P106 3123 256000 SH SOLE 256000 0 0 Cummins Engine COM 231021106 20229 78069 SH SOLE 76326 0 1743 Danimer Scientific, Inc. Class COM 236272100 316 8369 SH SOLE 8369 0 0 Darden Restaurants COM 237194105 1144 8054 SH SOLE 8054 0 0 Deluxe COM 248019101 1399 33349 SH SOLE 33349 0 0 Denbury Incorporated COM 24790A101 38423 802315 SH SOLE 802315 0 0 Dentsply Sirona Inc COM 24906P109 351 5498 SH SOLE 5498 0 0 Devon Energy COM 25179M103 34889 1596742 SH SOLE 1596742 0 0 Diamondback Energy Incorporate COM 25278X109 53154 723276 SH SOLE 716155 0 7121 Diamondhead Holdings Corp COM 25278L204 486 49000 SH SOLE 49000 0 0 Diebold Nixdorf Incorporated COM 253651103 1076 76172 SH SOLE 76172 0 0 Dolby Laboratories Incorporate COM 25659T107 359 3634 SH SOLE 3634 0 0 Dominion Energy Incorporated COM 25746U109 9867 129896 SH SOLE 126689 0 3207 Domino's Pizza Incorporated COM 25754A201 264 719 SH SOLE 719 0 0 DraftKings Inc COM 26142R104 421 6865 SH SOLE 6865 0 0 Eargo Incorporated COM 270087109 4445 88988 SH SOLE 88988 0 0 Elastic NV COM N14506104 239 2151 SH SOLE 2151 0 0 Element Solutions Incorporated COM 28618M106 18250 997820 SH SOLE 394924 0 602896 Element Solutions Incorporated COM 28618M106 264 14450 SH OTR 1 14450 0 0 Enerpac Tool Group Corp COM 292765104 11113 425459 SH SOLE 136199 0 289260 Enova International Incorporat COM 29357K103 3076 86689 SH SOLE 86689 0 0 Enstar Group Limited Shs COM G3075P101 23861 96707 SH SOLE 35339 0 61368 Epsilon Energy Ltd. COM 294375209 12340 3168133 SH SOLE 3168133 0 0 Etsy Incorporated COM 29786A106 416 2063 SH SOLE 2063 0 0 Evolution Petroleum Corp COM 30049A107 4350 1287081 SH SOLE 1287081 0 0 Exact Sciences Corporation COM 30063P105 1067 8097 SH SOLE 8097 0 0 eXp World Holdings Incorporate COM 30212W100 3881 85214 SH SOLE 85214 0 0 Facebook Inc-A COM 30303M102 588 1997 SH SOLE 1997 0 0 Fastenal COM 311900104 534 10620 SH SOLE 10162 0 458 Ferguson PLC COM G3421J106 6345 52814 SH SOLE 51399 0 1415 Fidelity National Financial In COM 31620R303 2128 52342 SH SOLE 51721 0 621 Fidus Invt Corp Com COM 316500107 742 47727 SH SOLE 47727 0 0 First Interstate Bancsys-A COM 32055Y201 9719 211097 SH SOLE 60037 0 151060 First Interstate Bancsys-A COM 32055Y201 238 5174 SH OTR 1 5174 0 0 First Merchants Corporation COM 320817109 10430 224294 SH SOLE 59229 0 165065 Floor & Decor Holdings Incorpo COM 339750101 1409 14758 SH SOLE 14758 0 0 Fluor Corporation COM 343412102 396 17153 SH SOLE 17153 0 0 FMC COM 302491303 1195 10808 SH SOLE 10336 0 472 Fortune Brands Home & Security COM 34964C106 9916 103488 SH SOLE 42227 0 61261 Fortune Brands Home & Security COM 34964C106 233 2429 SH OTR 1 2429 0 0 Forum Merger IV Corporation COM 349875203 742 75000 SH SOLE 75000 0 0 Fox Corporation Class A COM 35137L105 12738 352750 SH SOLE 348292 0 4458 Franklin Resources, Inc. COM 354613101 10850 366552 SH SOLE 357911 0 8641 FS KKR Capital Corp. II COM 35952V303 1009 51643 SH SOLE 51643 0 0 FS KKR Capital Corporation COM 302635206 986 49707 SH SOLE 49707 0 0 FTAC HERA Acquisition Corp COM G3728Y129 859 85995 SH SOLE 85995 0 0 Gates Industrial Corporation p COM G39108108 342 21374 SH SOLE 21374 0 0 Generac Holdings Incorporated COM 368736104 210 642 SH SOLE 642 0 0 General Electric Co COM 369604103 417 31762 SH SOLE 31762 0 0 Gentherm Incorporated COM 37253A103 1743 23515 SH SOLE 23515 0 0 Golub Cap Bdc Inc Com COM 38173M102 1393 95293 SH SOLE 95293 0 0 Goosehead Insurance Incorporat COM 38267D109 3119 29099 SH SOLE 29099 0 0 Gores Guggenheim Inc COM 38286Q206 2194 220900 SH SOLE 220900 0 0 GrafTech International Ltd. COM 384313508 5728 468397 SH SOLE 456899 0 11498 Guardant Health Incorporated COM 40131M109 730 4785 SH SOLE 4785 0 0 Hanesbrands Incorporated COM 410345102 1017 51695 SH SOLE 51695 0 0 Hannon Armstrong Sustainable I COM 41068X100 922 16435 SH SOLE 16435 0 0 Haymaker Acquisition Corp II COM 42087R207 908 91365 SH SOLE 91365 0 0 Hercules Technology Growth Cap COM 427096508 1969 122823 SH SOLE 122823 0 0 Hess Corp COM 42809H107 552 7794 SH SOLE 7794 0 0 Hilltop Holdings Incorporated COM 432748101 6967 204122 SH SOLE 61128 0 142994 Home Depot Inc COM 437076102 1289 4223 SH SOLE 3128 0 1095 Home Depot Inc COM 437076102 205 672 SH OTR 1 672 0 0 Horizon Bancorp Incorporated COM 440407104 9743 524390 SH SOLE 158792 0 365598 Horizon Therapeutics PLC COM G46188101 421 4570 SH SOLE 4570 0 0 Hubbell Incorporated Class B COM 443510607 20762 111093 SH SOLE 108478 0 2615 II-VI Inc COM 902104108 1202 17577 SH SOLE 17577 0 0 Illinois Tool Works Inc COM 452308109 1515 6841 SH SOLE 6543 0 298 Imperial Oil Ltd COM 453038408 6597 272832 SH SOLE 266639 0 6193 InMode LTD COM M5425M103 3937 54402 SH SOLE 54402 0 0 Insulet Corporation COM 45784P101 220 844 SH SOLE 844 0 0 International Game Technology COM G4863A108 1527 95113 SH SOLE 91297 0 3816 Iron Mountain COM 46284V101 412 11120 SH SOLE 0 0 11120 ITHAX Acquisition Corp COM G49775110 1003 100055 SH SOLE 100055 0 0 ITT Industries Incorporated COM 45073V108 414 4556 SH SOLE 4556 0 0 Johnson & Johnson COM 478160104 14071 85616 SH SOLE 82886 0 2730 Jones Lang LaSalle Incorporate COM 48020Q107 642 3583 SH SOLE 3446 0 137 JPMorgan Chase & Co COM 46625H100 31946 209853 SH SOLE 201979 0 7874 JPMorgan Chase & Co COM 46625H100 253 1664 SH OTR 1 1664 0 0 Kadant Incorporated COM 48282T104 2171 11735 SH SOLE 11735 0 0 KBR Incorporated COM 48242W106 804 20944 SH SOLE 20944 0 0 Keysight Technologies Inc COM 49338L103 371 2586 SH SOLE 2586 0 0 Kinder Morgan, Inc. COM 49456B101 245 14743 SH SOLE 14743 0 0 KKR Acquisition Holdings I C COM 48253T208 214 21330 SH SOLE 21330 0 0 KLA Corporation COM 482480100 8351 25276 SH SOLE 24638 0 638 Kohl's Corporation COM 500255104 12847 215519 SH SOLE 210280 0 5239 Kornit Digital Limited COM M6372Q113 5211 52575 SH SOLE 52575 0 0 L Catterton Asia Acquisition C COM G5346G109 1745 175425 SH SOLE 175425 0 0 L3Harris Technologies Incorpor COM 502431109 1362 6721 SH SOLE 4973 0 1748 L3Harris Technologies Incorpor COM 502431109 232 1146 SH OTR 1 1146 0 0 Lam Research COM 512807108 8560 14380 SH SOLE 14018 0 362 Lamar Advertising Company Clas COM 512816109 8336 88759 SH SOLE 86535 0 2224 Lancadia Holdings III Incorpoa COM 51476H100 5281 527560 SH SOLE 77820 0 449740 Leggett & Platt COM 524660107 10661 233537 SH SOLE 227875 0 5662 Lemonade Inc COM 52567D107 755 8104 SH SOLE 8104 0 0 Lennar Corp Class A COM 526057104 641 6334 SH SOLE 6334 0 0 Lockheed Martin COM 539830109 1333 3608 SH SOLE 3447 0 161 Lovesac Company COM 54738L109 6109 107938 SH SOLE 107938 0 0 Lyft Inc Class A COM 55087P104 289 4582 SH SOLE 4582 0 0 MacroGenics Inc COM 556099109 672 21112 SH SOLE 21112 0 0 Magnite, Inc. COM 55955D100 1495 35921 SH SOLE 35921 0 0 Main Street Capital Corp Com COM 56035L104 1966 50225 SH SOLE 50225 0 0 Malibu Boats COM 56117J100 216 2717 SH SOLE 2717 0 0 Marvell Technology Group LTD.o COM G5876H105 560 11436 SH SOLE 11436 0 0 Mason Industrial Technology COM 57520Y205 619 62268 SH SOLE 62268 0 0 Matador Resources Company COM 576485205 3232 137808 SH SOLE 137808 0 0 McDonald's Corp COM 580135101 910 4062 SH SOLE 3011 0 1051 McDonald's Corp COM 580135101 160 715 SH OTR 1 715 0 0 MDC Holdings COM 552676108 16308 274543 SH SOLE 76205 0 198338 Medtronic PLC Shares COM G5960L103 1400 11855 SH SOLE 8347 0 3508 Medtronic PLC Shares COM G5960L103 256 2163 SH OTR 1 2163 0 0 Metlife COM 59156R108 15855 260819 SH SOLE 254592 0 6227 Microsoft Corp COM 594918104 3734 15839 SH SOLE 14275 0 1564 Microsoft Corp COM 594918104 130 553 SH OTR 1 553 0 0 Middleby Corporation COM 596278101 692 4172 SH SOLE 4172 0 0 Moderna Incorporated COM 60770K107 1536 11726 SH SOLE 11726 0 0 Molina Healthcare Incorporated COM 60855R100 260 1114 SH SOLE 1114 0 0 Monarch Casino and Resorts Inc COM 609027107 9044 149184 SH SOLE 39300 0 109884 Montrose Environmental Group I COM 615111101 1738 34637 SH SOLE 34637 0 0 NanoString Technologies Inc COM 63009R109 1030 15669 SH SOLE 15669 0 0 Natera Incorporated COM 632307104 1616 15911 SH SOLE 15911 0 0 NetApp Incorporated COM 64110D104 908 12496 SH SOLE 11943 0 553 New Mtn Fin Corp Com COM 647551100 1167 94078 SH SOLE 94078 0 0 Nextera Energy Inc COM 65339F101 9457 125071 SH SOLE 122050 0 3021 North Atlantic Acquisition COM G66139117 149 15000 SH SOLE 15000 0 0 North Atlantic Acquisition - A COM G66139109 2303 231486 SH SOLE 231486 0 0 Novocure LTD COM G6674U108 2485 18797 SH SOLE 18797 0 0 Nvidia Corp COM 67066G104 250 469 SH SOLE 469 0 0 Oaktree Speciality Lending Coo COM 67401P108 1525 245972 SH SOLE 245972 0 0 Omnicell Incorporated COM 68213N109 750 5775 SH SOLE 5775 0 0 Open Lending Corporation Class COM 68373J104 1133 31976 SH SOLE 31976 0 0 Organogenesis Holdings, Inc. C COM 68621F102 923 50652 SH SOLE 50652 0 0 Owl Rock Capital Corp COM 69121K104 1353 98262 SH SOLE 98262 0 0 Pacific Biosciences of Califor COM 69404D108 1387 41644 SH SOLE 41644 0 0 Party City Holdco Incorporated COM 702149105 1038 178941 SH SOLE 178941 0 0 Peloton Interactive Incorporat COM 70614W100 1632 14514 SH SOLE 14514 0 0 PGT Innovations Incorporated COM 69336V101 7039 278780 SH SOLE 74896 0 203884 Phreesia Incorporated COM 71944F106 1114 21380 SH SOLE 21380 0 0 Pioneer Natural Resources Comp COM 723787107 9569 60248 SH SOLE 60248 0 0 Pitney Bowes COM 724479100 1705 206973 SH SOLE 206973 0 0 Plug Power Incorporated COM 72919P202 2707 75526 SH SOLE 75526 0 0 Pontem Corporation COM G71707114 210 21200 SH SOLE 21200 0 0 Pontem Corporation Class A COM G71707106 1766 182454 SH SOLE 182454 0 0 PotlatchDeltic Corporation COM 737630103 13174 248933 SH SOLE 69768 0 179165 Primavera Capital Acquistion COM G7255E125 114 11110 SH SOLE 11110 0 0 Priveterra Acquisition Corpora COM 74275N201 1449 145740 SH SOLE 145740 0 0 Provention Bio Incorporated COM 74374N102 2493 237500 SH SOLE 237500 0 0 PTC Incorporated COM 69370C100 373 2713 SH SOLE 2713 0 0 Quanta Services COM 74762E102 352 4004 SH SOLE 4004 0 0 Quanterix Corporation COM 74766Q101 1354 23154 SH SOLE 23154 0 0 QuinStreet Incorporated COM 74874Q100 439 21621 SH SOLE 21621 0 0 Regis Corporation COM 758932107 286 22784 SH SOLE 22784 0 0 Reliance Steel & Aluminum COM 759509102 19945 130965 SH SOLE 127984 0 2981 Rent A Center Incorporated COM 76009N100 1723 29890 SH SOLE 29890 0 0 Rexnord Corporation COM 76169B102 13652 289903 SH SOLE 97262 0 192641 Rexnord Corporation COM 76169B102 217 4606 SH OTR 1 4606 0 0 RH COM 74967X103 2652 4446 SH SOLE 4446 0 0 Ritchie Bros. Auctioneers Inco COM 767744105 502 8580 SH SOLE 8580 0 0 Ross Acquisition Corp II COM G7641C122 1627 163358 SH SOLE 163358 0 0 Ruth's Hospitality Group Incor COM 783332109 13585 547135 SH SOLE 203380 0 343755 Sandbridge X2 Corp COM 799792205 1261 126225 SH SOLE 126225 0 0 ServiceNow Inc COM 81762P102 471 942 SH SOLE 942 0 0 Silvergate Capital Corp. Class COM 82837P408 948 6669 SH SOLE 6669 0 0 Sixth Street Specialty Lending COM 83012A109 1801 85648 SH SOLE 85648 0 0 SLR Investment Corp COM 83413U100 824 46387 SH SOLE 46387 0 0 SM Energy Company COM 78454L100 14267 871555 SH SOLE 871555 0 0 Snap On Incorporated COM 833034101 14129 61232 SH SOLE 58573 0 2659 Snap On Incorporated COM 833034101 194 842 SH OTR 1 842 0 0 Soaring Eagle Acquisition Co. COM G8354H100 9557 944395 SH SOLE 624775 0 319620 Spartan Acquisition Corporatio COM 84677R205 451 45000 SH SOLE 45000 0 0 Sprout Social Inc Class A COM 85209W109 3058 52946 SH SOLE 52946 0 0 STAAR Surgical Company COM 852312305 5991 56836 SH SOLE 56836 0 0 Starbucks Corp COM 855244109 1033 9450 SH SOLE 6737 0 2713 Starbucks Corp COM 855244109 163 1496 SH OTR 1 1496 0 0 Stellantis N.V. COM N82405106 12388 696325 SH SOLE 680250 0 16075 Stellus Capital Investment Cor COM 858568108 689 54246 SH SOLE 54246 0 0 Sterling Bancorp/DE COM 85917A100 14006 608436 SH SOLE 132702 0 475734 Store Capital Group COM 862121100 9071 270777 SH SOLE 77438 0 193339 Stride Incorporated COM 86333M108 373 12388 SH SOLE 12388 0 0 T. Rowe Price Group COM 74144T108 552 3217 SH SOLE 3217 0 0 Tailwind International Acquisi COM G8662F127 465 47000 SH SOLE 47000 0 0 TechTarget Incorporated COM 87874R100 14442 207941 SH SOLE 71175 0 136766 Teladoc Health Incorporated COM 87918A105 861 4738 SH SOLE 4738 0 0 Tempur Sealy International Inc COM 88023U101 432 11808 SH SOLE 11808 0 0 Teradyne Incorporated COM 880770102 422 3469 SH SOLE 3469 0 0 Terminix Global Holdings Incor COM 88087E100 15858 332669 SH SOLE 128470 0 204199 Terminix Global Holdings Incor COM 88087E100 154 3240 SH OTR 1 3240 0 0 Tesla Motors Inc COM 88160R101 1109 1660 SH SOLE 1660 0 0 Texas Capital Bancshares Inc COM 88224Q107 9920 139881 SH SOLE 37896 0 101985 Texas Roadhouse Incorporated COM 882681109 1193 12434 SH SOLE 12434 0 0 Textainer Group Holdings Limit COM G8766E109 2726 95140 SH SOLE 95140 0 0 The Blackstone Group LP COM 09260D107 674 9050 SH SOLE 7710 0 1340 The Brink's Company COM 109696104 9390 118513 SH SOLE 35247 0 83266 Thunder Bridge Capital Partner COM 88605T209 1071 108330 SH SOLE 108330 0 0 Titan International Incorporat COM 88830M102 1186 127843 SH SOLE 127843 0 0 TJX Companies COM 872540109 1503 22715 SH SOLE 16737 0 5978 TJX Companies COM 872540109 253 3820 SH OTR 1 3820 0 0 TPI Composites Incorporated COM 87266J104 1165 20650 SH SOLE 20650 0 0 Trimas Corporation COM 896215209 1136 37464 SH SOLE 36644 0 820 Trinity Capital Inc COM 896442308 476 31914 SH SOLE 31914 0 0 Trinity Industries COM 896522109 8879 311645 SH SOLE 78045 0 233600 Tripadvisor Inc COM 896945201 265 4925 SH SOLE 4925 0 0 Triton International Ltd. Clas COM G9078F107 652 11853 SH SOLE 11853 0 0 Tupperware Brands Corp COM 899896104 14382 544577 SH SOLE 269752 0 274825 Turning Point Therapeutics Inc COM 90041T108 686 7248 SH SOLE 7248 0 0 Twist Bioscience Corporation COM 90184D100 1076 8690 SH SOLE 8690 0 0 TZP Strategies Acquistion Cl A COM G91595101 544 56031 SH SOLE 56031 0 0 Ulta Salon Cosmetics & Fragran COM 90384S303 832 2690 SH SOLE 2690 0 0 Union Pacific Corporation COM 907818108 1374 6234 SH SOLE 4519 0 1715 Union Pacific Corporation COM 907818108 267 1211 SH OTR 1 1211 0 0 United Rentals COM 911363109 897 2725 SH SOLE 2725 0 0 UnitedHealth Group Inc COM 91324P102 13505 36296 SH SOLE 34509 0 1787 UnitedHealth Group Inc COM 91324P102 195 524 SH OTR 1 524 0 0 Upstart Holdings, Inc. COM 91680M107 978 7589 SH SOLE 7589 0 0 Upwork Incorporated COM 91688F104 1397 31211 SH SOLE 31211 0 0 US Foods Holding Corporation COM 912008109 1236 32430 SH SOLE 32430 0 0 Vail Resorts Inc COM 91879Q109 1089 3735 SH SOLE 3735 0 0 Valmont Industries Inc COM 920253101 310 1306 SH SOLE 1306 0 0 Valvoline Incorporated COM 92047W101 26555 1018588 SH SOLE 567251 0 451337 Velocity Acquisition Corp COM 92259E203 128 13005 SH SOLE 13005 0 0 Ventas Inc. COM 92276F100 203 3810 SH SOLE 0 0 3810 Veracyte Inc COM 92337F107 1590 29587 SH SOLE 29587 0 0 Vericel Corporation COM 92346J108 1707 30733 SH SOLE 30733 0 0 Verizon Communications COM 92343V104 420 7220 SH SOLE 0 0 7220 ViacomCBS Incorporated COM 92556H206 3914 86782 SH SOLE 84723 0 2059 Vicor Corporation COM 925815102 3423 40254 SH SOLE 40254 0 0 View Incorporated COM 92671V106 380 51350 SH SOLE 51350 0 0 ViewRay Incorporated COM 92672L107 692 159055 SH SOLE 159055 0 0 Viper Energy Partners LP COM 92763M105 14489 995097 SH SOLE 336067 0 659030 Voya Financial Incorporated COM 929089100 827 12999 SH SOLE 12999 0 0 Vulcan Materials Company COM 929160109 1553 9201 SH SOLE 9201 0 0 Walt Disney Co/The COM 254687106 863 4677 SH SOLE 4677 0 0 Wayfair Incorporated COM 94419L101 1106 3513 SH SOLE 3513 0 0 Western Alliance Bancorp COM 957638109 374 3956 SH SOLE 3956 0 0 Whitehorse Finance Incorporate COM 96524V106 687 45298 SH SOLE 45298 0 0 Winmark Corporation COM 974250102 5145 27596 SH SOLE 4320 0 23276 Winnebago Industries Inc COM 974637100 219 2857 SH SOLE 2857 0 0 Workiva, Inc. Class A COM 98139A105 1346 15251 SH SOLE 15251 0 0 World Fuel Services Corporatio COM 981475106 9084 258056 SH SOLE 70096 0 187960 Worthington Industries Incorpo COM 981811102 8533 127191 SH SOLE 50163 0 77028 XPO Logistics Inc COM 983793100 471 3820 SH SOLE 3820 0 0 Zillow Group Incorporated Clas COM 98954M200 490 3779 SH SOLE 3779 0 0 Zumiez Incorporated COM 989817101 257 5988 SH SOLE 5988 0 0 Ferguson PLC COM G3421J106 1828 15285 SH SOLE 15285 0 0 Authentic Equity Acquisition - W G06607124 24 37952 SH SOLE 37952 0 0 Diamondhead Holdings a - CW28 W 25278L113 15 25000 SH SOLE 25000 0 0 Leo Holdings II CL A - CW38 W G5463R128 14 20000 SH SOLE 20000 0 0 North Atlantic Acquistion - CW W G66139125 72 119817 SH SOLE 119817 0 0 Pontem Corp Class A CW27 W G71707122 66 87758 SH SOLE 87758 0 0 Primavera Cap Acq Cl A -CW26 W G7255E117 18 22151 SH SOLE 22151 0 0 TZP Strategies - CL A - CW27 W G91595119 13 18677 SH SOLE 18677 0 0 Energy Select Sector SPDR Fund ETF 81369Y506 418 8513 SH SOLE 2633 0 5880 Invesco S&P 500 Equal Weight E ETF 46137V357 11565 81642 SH SOLE 81642 0 0 Invesco S&P Spinoff ETF ETF 46137V159 1131 17980 SH SOLE 17980 0 0 IShares Intermediate-Term Corp ETF 464288638 904 15270 SH SOLE 15270 0 0 iShares MBS ETF ETF 464288588 4740 43720 SH SOLE 43720 0 0 iShares MCSI ACWI ETF ETF 464288257 2558 26884 SH SOLE 26884 0 0 iShares Select Dividend ETF ETF 464287168 4804 42100 SH SOLE 42100 0 0 IShares Short-Term Corporate B ETF 464288646 3386 61915 SH SOLE 61915 0 0 iShares Short Treasury Bond ET ETF 464288679 504 4560 SH SOLE 4560 0 0 Pimco Corp & Income Strategy F ETF 72200U100 1559 90000 SH SOLE 90000 0 0 SPDR S&P Oil & Gas Exp ETF 78468R556 401 4935 SH SOLE 0 0 4935 Vanguard Dividend Appreciation ETF 921908844 4489 30520 SH SOLE 30520 0 0 Vanguard FTSE All-World Ex-US ETF 922042775 397 6535 SH SOLE 6535 0 0 Vanguard FTSE Developed ETF ETF 921943858 1513 30809 SH SOLE 28134 0 2675 Vanguard Intermediate-Term Cor ETF 92206C870 4409 47393 SH SOLE 43504 0 3889 Vanguard Mid-Cap ETF ETF 922908629 1218 5505 SH SOLE 5505 0 0 Vanguard S&P 500 ETF ETF 922908363 4766 13083 SH SOLE 13083 0 0 Vanguard S/T Corp Bond ETF ETF 92206C409 6561 79530 SH SOLE 75009 0 4521 Vanguard Short-Term Treasury E ETF 92206C102 956 15535 SH SOLE 15535 0 0 Wisdom Tree Intl LV DVD Fund ETF 97717W794 1223 25850 SH SOLE 25850 0 0 Wisdomtree Largecap Div Largec ETF 97717W307 770 6714 SH SOLE 6714 0 0 Barclays PLC-Spon ADR ADR 06738E204 210 20564 SH SOLE 20564 0 0 Ecopetrol SA Sponsored ADR ADR 279158109 6402 499380 SH SOLE 488106 0 11274 I N G Groep N V Adr ADR 456837103 13453 1099964 SH SOLE 1070430 0 29534 KB Financial Group Incorporate ADR 48241A105 10695 216370 SH SOLE 211806 0 4564 Luxfer Holdings Plc ADR G5698W116 3415 160485 SH SOLE 27935 0 132550 Novo Nordisk A/S ADR 670100205 237 3514 SH SOLE 3514 0 0 RELX PLC ADR 759530108 241 9567 SH SOLE 9567 0 0 Rio Tinto PLC Spon ADR ADR 767204100 206 2657 SH SOLE 2657 0 0 Taiwan Semiconductor-SP ADR ADR 874039100 11391 96306 SH SOLE 94263 0 2043 Yalla Group Limited Sponsored ADR 98459U103 2786 111386 SH SOLE 111386 0 0