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
ACXIOM CORP COM 005125109 63,431 2,301,564 SH   OTR   0 2,301,564 0
ALLERGAN PLC SHS G0177J108 224,436 1,372,024 SH   OTR   0 0 1,372,024
ALTRIA GROUP INC COM 02209s103 20,286 284,078 SH   OTR   0 0 284,078
ASHLAND GLOBAL HLDGS INC COM 044186104 74,556 1,047,136 SH   OTR   0 0 1,047,136
AT&T INC COM 00206R102 7,948,249 204,430,276 SH   OTR   0 0 204,430,276
BANK MONTREAL QUE COM 063671101 111,823 1,397,440 SH   OTR   0 0 1,397,440
BEST BUY INC COM 086516101 109,890 1,604,939 SH   OTR   0 1,604,939 0
BOEING CO COM 097023105 10,031,303 34,014,796 SH   OTR   0 0 34,014,796
BOSTON SCIENTIFIC CORP COM 101137107 275,558 11,115,707 SH   OTR   0 0 11,115,707
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 329,321 4,915,970 SH   OTR   0 0 4,915,970
CAPITAL ONE FINL CORP COM 14040H105 325,097 3,264,683 SH   OTR   0 0 3,264,683
CARS COM INC COM 14575e105 58,356 2,023,442 SH   OTR   0 0 2,023,442
COLGATE PALMOLIVE CO COM 194162103 129,186 1,712,207 SH   SOLE   1,712,207 0 0
DANAHER CORP DEL COM 235851102 117,984 1,271,105 SH   OTR   0 0 1,271,105
DARDEN RESTAURANTS INC COM 237194105 257,582 2,682,592 SH   OTR   0 0 2,682,592
DELTA AIR LINES INC DEL COM NEW 247361702 800,731 14,298,775 SH   SOLE   14,298,775 0 0
DILLARDS INC CL A 254067101 457,652 7,621,190 SH   OTR   0 0 7,621,190
ENTERGY CORP NEW COM 29364G103 443,673 5,451,200 SH   OTR   0 0 5,451,200
FORD MTR CO DEL COM PAR $0.01 345370860 2,336,567 187,075,023 SH   OTR   0 187,075,023 0
GANNETT CO INC COM 36473H104 6,888 594,303 SH   OTR   0 0 594,303
GAP INC DEL COM 364760108 51,245 1,504,555 SH   OTR   0 0 1,504,555
GENERAL DYNAMICS CORP COM 369550108 4,373,922 21,498,757 SH   OTR   0 21,498,757 0
GENWORTH FINL INC COM CL A 37247D106 7,785 2,503,238 SH   OTR   0 0 2,503,238
GOODYEAR TIRE & RUBR CO COM 382550101 101,153 3,130,711 SH   OTR   0 0 3,130,711
HARTFORD FINL SVCS GROUP INC COM 416515104 235,850 4,190,646 SH   OTR   0 0 4,190,646
HERSHEY CO COM 427866108 106,467 937,955 SH   OTR   0 0 937,955
HONEYWELL INTL INC COM 438516106 3,023,049 19,712,106 SH   SOLE   19,712,106 0 0
HUMANA INC COM 444859102 490,237 1,976,204 SH   OTR   0 1,976,204 0
KRAFT HEINZ CO COM 500754106 2,686 34,537 SH   OTR   0 0 34,537
MONDELEZ INTL INC CL A 609207105 4,624 108,033 SH   OTR   0 0 108,033
MOODYS CORP COM 615369105 66,082 447,678 SH   OTR   0 0 447,678
PENNEY J C INC COM 708160106 43,005 13,609,298 SH   OTR   0 0 13,609,298
PHILIP MORRIS INTL INC COM 718172109 83,828 793,449 SH   OTR   0 0 793,449
SCANA CORP NEW COM 80589M102 278,164 6,992,569 SH   OTR   0 0 6,992,569
SEMPRA ENERGY COM 816851109 1,073,006 10,035,597 SH   OTR   0 10,035,597 0
SIMMONS 1ST NATL CORP CL A $1 PAR 828730200 40,091 702,114 SH   OTR   0 702,114 0
STATE STR CORP COM 857477103 234,026 2,397,559 SH   OTR   0 2,397,559 0
TEGNA INC COM 87901J105 54,220 3,850,858 SH   OTR   0 0 3,850,858
TRUEBLUE INC COM 89785X101 1,542 56,087 SH   OTR   0 0 56,087
UNITED CONTL HLDGS INC COM 910047109 355,447 5,273,690 SH   OTR   0 5,273,690 0
UNITED TECHNOLOGIES CORP COM 913017109 341,828 2,679,529 SH   SOLE   2,679,529 0 0
VALVOLINE INC COM 92047W101 84,454 3,370,084 SH   OTR   0 0 3,370,084
WATERS CORP COM 941848103 68,426 354,188 SH   OTR   0 0 354,188
WESTERN DIGITAL CORP COM 958102105 61,242 770,046 SH   OTR   0 0 770,046
WEYERHAEUSER CO COM 962166104 186,767 5,296,843 SH   OTR   0 0 5,296,843
WHIRLPOOL CORP COM 963320106 233,440 1,384,249 SH   OTR   0 0 1,384,249
YUM BRANDS INC COM 988498101 165,602 2,029,191 SH   OTR   0 0 2,029,191