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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ANHEUSER BUSCH INBEV SA/NV SPONSORED ADR 03524A108 BBG001T53FW2 1,145,744 20,200 SH   SOLE   8,000 0 12,200
AT&T INC COM 00206R102 BBG001S5VWH2 7,257,186 454,996 SH   SOLE   284,992 0 170,004
BANK AMERICA CORP COM 060505104 BBG001S5P0Y0 8,425,335 293,668 SH   SOLE   196,868 0 96,800
BLOCK H & R INC COM 093671105 BBG001S5S031 1,139,161 35,744 SH   SOLE   35,744 0 0
BP PLC SPONSORED ADR 055622104 BBG001S5W4F5 24,999,612 708,405 SH   SOLE   612,105 0 96,300
C & F FINL CORP COM 12466Q104 BBG001SBJZY7 2,115,136 39,388 SH   SOLE   39,388 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 BBG00CW88W92 828,287 67,505 SH   SOLE   67,505 0 0
CARTER BANKSHARES INC COM NEW 146103106 BBG00Y9DFYK4 5,678,058 383,912 SH   SOLE   383,912 0 0
CHENIERE ENERGY INC COM NEW 16411R208 BBG001S7W158 2,273,212 14,920 SH   SOLE   12,220 0 2,700
CHESAPEAKE ENERGY CORP COM 165167735 BBG00Z6DX607 4,568,760 54,598 SH   SOLE   47,898 0 6,700
CHEVRON CORP NEW COM 166764100 BBG001S67ZC5 3,414,495 21,700 SH   SOLE   21,700 0 0
CHORD ENERGY CORPORATION COM NEW 674215207 BBG00Y7BLJF2 1,498,320 9,742 SH   SOLE   9,742 0 0
CITIGROUP INC COM NEW 172967424 BBG001S72ZG4 10,269,268 223,051 SH   SOLE   146,351 0 76,700
CNO FINL GROUP INC COM 12621E103 BBG001SBR6X3 7,559,298 319,362 SH   SOLE   269,627 0 49,735
COMMERCIAL VEH GROUP INC COM 202608105 BBG001SLYY17 3,799,087 342,260 SH   SOLE   342,260 0 0
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 BBG001S5PYN8 3,850,773 421,310 SH   SOLE   421,310 0 0
CONAGRA BRANDS INC COM 205887102 BBG001S5PGY5 303,480 9,000 SH   SOLE   9,000 0 0
CONOCOPHILLIPS COM 20825C104 BBG001S5TZM2 1,699,204 16,400 SH   SOLE   16,400 0 0
CONSTELLATION ENERGY CORP COM 21037T109 BBG014KFRPJ9 687,540 7,510 SH   SOLE   7,510 0 0
CSI COMPRESSCO LP COM UNIT 12637A103 BBG001SR5QB2 1,512,512 1,239,764 SH   SOLE   1,239,764 0 0
DEVON ENERGY CORP NEW COM 25179M103 BBG001S63VG4 3,137,266 64,900 SH   SOLE   53,100 0 11,800
DISH NETWORK CORPORATION CL A 25470M109 BBG001S7TPQ6 2,407,327 365,300 SH   SOLE   252,500 0 112,800
DISNEY WALT CO COM 254687106 BBG001S5QHF3 723,168 8,100 SH   SOLE   600 0 7,500
ENOVA INTL INC COM 29357K103 BBG0022PSJT4 9,013,242 169,677 SH   SOLE   148,777 0 20,900
EOG RES INC COM 26875P101 BBG001S5ZB93 1,705,156 14,900 SH   SOLE   14,900 0 0
EXELON CORP COM 30161N101 BBG001SBJMT2 314,961 7,731 SH   SOLE   7,731 0 0
EXXON MOBIL CORP COM 30231G102 BBG001S69V32 2,305,875 21,500 SH   SOLE   21,500 0 0
FEDEX CORP COM 31428X106 BBG001S5R3M5 6,728,502 27,142 SH   SOLE   17,042 0 10,100
FIRST BANCORP N C COM 318910106 BBG001S5R1Z5 573,253 19,269 SH   SOLE   19,269 0 0
FIRST CTZNS BANCSHARES INC N CL A 31946M103 BBG001S5R2V7 8,108,837 6,318 SH   SOLE   5,618 0 700
FIRST HORIZON CORPORATION COM 320517105 BBG001SCW8R8 10,665,512 946,363 SH   SOLE   760,578 0 185,785
FIRST UTD CORP COM 33741H107 BBG001S73MD5 1,762,336 123,586 SH   SOLE   123,586 0 0
GOLAR LNG LTD SHS G9456A100 BBG001SHSF05 21,193,870 1,050,762 SH   SOLE   950,448 0 100,314
GOODYEAR TIRE & RUBR CO COM 382550101 BBG001S5RQ62 4,189,965 306,284 SH   SOLE   249,784 0 56,500
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 BBG001SLX655 2,600,692 44,087 SH   SOLE   44,087 0 0
GSK PLC SPONSORED ADR 37733W204 BBG001SD6SM6 2,698,055 75,703 SH   SOLE   30,044 0 45,659
GULFPORT ENERGY CORP COMMON SHARES 402635502 BBG0112Z8766 1,759,922 16,750 SH   SOLE   16,750 0 0
HALLIBURTON CO COM 406216101 BBG001S5RS59 1,501,045 45,500 SH   SOLE   45,500 0 0
HEWLETT PACKARD ENTERPRISE C COM 42824C109 BBG0078W3NP4 276,713 16,471 SH   SOLE   16,471 0 0
HOME DEPOT INC COM 437076102 BBG001S5RTW7 1,870,674 6,022 SH   SOLE   6,022 0 0
HOMETRUST BANCSHARES INC COM 437872104 BBG002CV5WZ9 898,228 42,998 SH   SOLE   42,998 0 0
INNOSPEC INC COM 45768S105 BBG001S8RTD2 8,885,123 88,462 SH   SOLE   84,191 0 4,271
JAKKS PAC INC COM NEW 47012E403 BBG001S8ZPR6 1,706,816 85,469 SH   SOLE   85,469 0 0
JPMORGAN CHASE & CO COM 46625H100 BBG001S8CRC3 2,817,464 19,372 SH   SOLE   19,372 0 0
KBR INC COM 48242W106 BBG001SP11V3 25,495,844 391,882 SH   SOLE   358,649 0 33,233
LAMB WESTON HLDGS INC COM 513272104 BBG003CVMLR1 478,882 4,166 SH   SOLE   4,166 0 0
LENNAR CORP CL B 526057302 BBG001SKR1T9 637,320 5,641 SH   SOLE   5,641 0 0
LILLY ELI & CO COM 532457108 BBG001S5STL8 10,522,504 22,437 SH   SOLE   22,437 0 0
LIONS GATE ENTMNT CORP CL B NON VTG 535919500 BBG00FFJY8Z5 5,068,283 606,980 SH   SOLE   606,980 0 0
LYFT INC CL A COM 55087P104 BBG004M9ZHY4 1,090,642 113,727 SH   SOLE   113,727 0 0
MASTERCARD INCORPORATED CL A 57636Q104 BBG001SKNNS6 5,077,110 12,909 SH   SOLE   7,409 0 5,500
MERCER INTL INC COM 588056101 BBG001S6TK43 8,082,445 1,001,542 SH   SOLE   908,656 0 92,886
MERCK & CO INC COM 58933Y105 BBG001S5TC52 4,312,124 37,370 SH   SOLE   26,570 0 10,800
MICROSOFT CORP COM 594918104 BBG001S5TD05 20,889,745 61,343 SH   SOLE   42,643 0 18,700
MILLER INDS INC TENN COM NEW 600551204 BBG001S7BMD6 6,087,291 171,618 SH   SOLE   171,618 0 0
NATIONAL FUEL GAS CO COM 636180101 BBG001S5TLR8 3,014,678 58,697 SH   SOLE   39,884 0 18,813
NEW FORTRESS ENERGY INC COM CL A 644393100 BBG00MJH9M32 14,068,579 525,339 SH   SOLE   461,639 0 63,700
NORTHRIM BANCORP INC COM 666762109 BBG001S6NXD1 2,660,556 67,647 SH   SOLE   67,647 0 0
NORTHROP GRUMMAN CORP COM 666807102 BBG001S5TP26 7,112,303 15,604 SH   SOLE   12,604 0 3,000
PARAMOUNT GLOBAL CLASS B COM 92556H206 BBG001S6L063 283,580 17,824 SH   SOLE   6,824 0 11,000
PFIZER INC COM 717081103 BBG001S5V466 4,398,555 119,917 SH   SOLE   55,417 0 64,500
PHILIP MORRIS INTL INC COM 718172109 BBG001STP9N1 3,217,458 32,959 SH   SOLE   14,859 0 18,100
POTLATCHDELTIC CORPORATION COM 737630103 BBG001S5V215 243,110 4,600 SH   SOLE   4,600 0 0
RANGER ENERGY SVCS INC COM CL A 75282U104 BBG00GSFND33 3,218,627 314,319 SH   SOLE   314,319 0 0
REGIONS FINANCIAL CORP NEW COM 7591EP100 BBG001SM4KY2 4,257,537 238,919 SH   SOLE   175,019 0 63,900
SCIENCE APPLICATIONS INTL CO COM 808625107 BBG003BW05L5 4,339,029 38,576 SH   SOLE   33,305 0 5,271
SELECT MED HLDGS CORP COM 81619Q105 BBG001SMLRT4 6,471,307 203,117 SH   SOLE   152,903 0 50,214
SHELL PLC SPON ADS 780259305 BBG0147BN6H1 24,990,618 413,889 SH   SOLE   356,789 0 57,100
SOUTHSTATE CORPORATION COM 840441109 BBG001S9J7Z3 888,169 13,498 SH   SOLE   13,498 0 0
TAYLOR MORRISON HOME CORP COM 87724P106 BBG003PGJJF2 770,176 15,792 SH   SOLE   15,792 0 0
TE CONNECTIVITY LTD SHS H84989104 BBG001STLRP3 512,565 3,657 SH   SOLE   3,657 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 BBG001S70FY0 1,562,577 19,201 SH   SOLE   19,201 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 BBG001S5WXH9 10,241,910 3,030,151 SH   SOLE   3,030,151 0 0
TILLYS INC CL A 886885102 BBG001VGVK71 102,675 14,647 SH   SOLE   14,647 0 0
TRUIST FINL CORP COM 89832Q109 BBG001S5YYC0 4,161,592 137,120 SH   SOLE   95,568 0 41,552
TYSON FOODS INC CL A 902494103 BBG001S871D5 1,186,527 23,247 SH   SOLE   19,747 0 3,500
UNITED RENTALS INC COM 911363109 BBG001SBGZ25 4,727,157 10,614 SH   SOLE   7,514 0 3,100
UPBOUND GROUP INC COM 76009N100 BBG001S6BR38 13,016,418 418,131 SH   SOLE   342,672 0 75,459
VERISIGN INC COM 92343E102 BBG001S7BCF6 2,174,735 9,624 SH   SOLE   6,124 0 3,500
VIRTUS INVT PARTNERS INC COM 92828Q109 BBG001T1QKH2 3,686,765 18,670 SH   SOLE   18,670 0 0
VISA INC COM CL A 92826C839 BBG001SRCFY3 641,196 2,700 SH   SOLE   100 0 2,600
VMWARE INC CL A COM 928563402 BBG001S6TFZ0 977,092 6,800 SH   SOLE   1,300 0 5,500
W & T OFFSHORE INC COM 92922P106 BBG001SLLWL3 8,681,818 2,243,364 SH   SOLE   2,243,364 0 0
WALMART INC COM 931142103 BBG001S5XH92 235,770 1,500 SH   SOLE   1,500 0 0
XPERI INC COMMON STOCK 98423J101 BBG019FGSTG6 5,554,139 422,368 SH   SOLE   422,368 0 0