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
1 800 FLOWERS COM INC CL A 68243Q106   1,195,194 153,230 SH   SOLE   153,230 0 0
ALGOMA STL GROUP INC COM 015658107   18,581,126 2,617,060 SH   SOLE   2,617,060 0 0
ALLY FINL INC COM 02005N100   21,686,896 802,921 SH   SOLE   649,461 0 153,460
ALPHA METALLURGICAL RESOUR I COM 020764106   23,809,190 144,860 SH   SOLE   117,830 0 27,030
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203   18,754,967 685,990 SH   SOLE   685,990 0 0
ARROW ELECTRS INC COM 042735100   29,261,889 204,300 SH   SOLE   166,930 0 37,370
AVNET INC COM 053807103   29,616,673 587,050 SH   SOLE   479,170 0 107,880
BLUELINX HLDGS INC COM NEW 09624H208   1,074,719 11,460 SH   SOLE   11,460 0 0
BOISE CASCADE CO DEL COM 09739D100   1,187,199 13,140 SH   SOLE   13,140 0 0
CHICOS FAS INC COM 168615102   1,059,461 198,030 SH   SOLE   198,030 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101   30,563,704 1,823,610 SH   SOLE   1,484,010 0 339,600
CONSTELLIUM SE CL A SHS F21107101   1,513,256 87,980 SH   SOLE   87,980 0 0
CONTAINER STORE GROUP INC COM 210751103   669,260 213,140 SH   SOLE   213,140 0 0
DANA INC COM 235825205   27,626,224 1,625,072 SH   SOLE   1,408,092 0 216,980
DESIGNER BRANDS INC CL A 250565108   21,512,586 2,129,959 SH   SOLE   1,838,849 0 291,110
ENI S P A SPONSORED ADR 26874R108   18,184,052 631,610 SH   SOLE   631,610 0 0
FOOT LOCKER INC COM 344849104   16,578,361 611,522 SH   SOLE   530,172 0 81,350
FOSSIL GROUP INC COM 34988V106   786,754 306,130 SH   SOLE   306,130 0 0
G III APPAREL GROUP LTD COM 36237H101   25,351,997 1,315,620 SH   SOLE   1,135,250 0 180,370
GENERAL MTRS CO COM 37045V100   24,034,834 623,310 SH   SOLE   539,610 0 83,700
GENESCO INC COM 371532102   653,294 26,090 SH   SOLE   26,090 0 0
GOODYEAR TIRE & RUBR CO COM 382550101   27,924,382 2,041,256 SH   SOLE   1,769,176 0 272,080
HAWAIIAN HOLDINGS INC COM 419879101   608,936 56,540 SH   SOLE   56,540 0 0
HF SINCLAIR CORP COM 403949100   25,575,538 573,314 SH   SOLE   468,184 0 105,130
HOVNANIAN ENTERPRISES INC CL A NEW 442487401   1,680,617 16,940 SH   SOLE   16,940 0 0
JELD-WEN HLDG INC COM 47580P103   37,484,383 2,137,080 SH   SOLE   1,746,630 0 390,450
LA Z BOY INC COM 505336107   1,098,630 38,360 SH   SOLE   38,360 0 0
LIBERTY ENERGY INC COM CL A 53115L104   22,210,110 1,661,190 SH   SOLE   1,356,360 0 304,830
LITHIA MTRS INC COM 536797103   1,237,728 4,070 SH   SOLE   4,070 0 0
LL FLOORING HOLDINGS INC COM 55003T107   986,148 257,480 SH   SOLE   257,480 0 0
M/I HOMES INC COM 55305B101   47,963,917 550,108 SH   SOLE   477,218 0 72,890
MACYS INC COM 55616P104   18,675,989 1,163,613 SH   SOLE   1,008,753 0 154,860
MARATHON PETE CORP COM 56585A102   954,954 8,190 SH   SOLE   8,190 0 0
PAR PAC HOLDINGS INC COM NEW 69888T207   29,622,518 1,113,210 SH   SOLE   909,740 0 203,470
PATRICK INDS INC COM 703343103   1,631,200 20,390 SH   SOLE   20,390 0 0
PBF ENERGY INC CL A 69318G106   32,935,780 804,489 SH   SOLE   653,199 0 151,290
PHILLIPS 66 COM 718546104   1,075,886 11,280 SH   SOLE   11,280 0 0
PILGRIMS PRIDE CORP COM 72147K108   982,953 45,740 SH   SOLE   45,740 0 0
POSCO HOLDINGS INC SPONSORED ADR 693483109   993,888 13,440 SH   SOLE   13,440 0 0
PROPETRO HLDG CORP COM 74347M108   19,598,098 2,378,410 SH   SOLE   1,927,740 0 450,670
PVH CORPORATION COM 693656100   34,241,211 402,980 SH   SOLE   350,280 0 52,700
RYERSON HLDG CORP COM 783754104   1,160,415 26,750 SH   SOLE   26,750 0 0
SCHNITZER STEEL INDS INC CL A 806882106   722,159 24,080 SH   SOLE   24,080 0 0
SMART GLOBAL HLDGS INC SHS G8232Y101   1,952,083 67,290 SH   SOLE   67,290 0 0
SPORTSMANS WHSE HLDGS INC COM 84920Y106   13,420,057 2,354,396 SH   SOLE   2,039,266 0 315,130
STELLANTIS N.V SHS N82405106   29,037,119 1,655,480 SH   SOLE   1,434,660 0 220,820
TERNIUM SA SPONSORED ADS 880890108   23,124,673 583,220 SH   SOLE   474,780 0 108,440
TIMKENSTEEL CORPORATION COM 887399103   1,317,064 61,060 SH   SOLE   61,060 0 0
TRINSEO PLC SHS G9059U107   15,022,363 1,185,664 SH   SOLE   965,484 0 220,180
TYSON FOODS INC CL A 902494103   988,134 19,360 SH   SOLE   19,360 0 0
UNITED NAT FOODS INC COM 911163103   13,648,637 698,140 SH   SOLE   572,480 0 125,660
UNITED STATES STL CORP NEW COM 912909108   22,908,660 915,980 SH   SOLE   746,100 0 169,880
VALERO ENERGY CORP COM 91913Y100   1,278,570 10,900 SH   SOLE   10,900 0 0
VICTORIAS SECRET AND CO COMMON STOCK 926400102   11,216,379 643,510 SH   SOLE   556,050 0 87,460
WALGREENS BOOTS ALLIANCE INC COM 931427108   593,732 20,840 SH   SOLE   20,840 0 0
WORLD KINECT CORPORATION COM 981475106   870,421 42,090 SH   SOLE   42,090 0 0