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
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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
Graphic Packaging Holding Com Common 388689101 270,228,367 16,229,932 SH   SOLE 0 14,992,432 1,237,500 0
Axalta Coating Systems Ltd Common g0750c108 257,827,628 8,481,172 SH   SOLE 0 7,832,172 649,000 0
FireEye, Inc. Common 31816q101 250,727,271 15,168,014 SH   SOLE 0 14,063,409 1,104,605 0
Hanesbrands, Inc. Common 410345102 224,248,172 15,100,887 SH   SOLE 0 13,950,387 1,150,500 0
WPX Energy Inc. Common 98212b103 208,835,400 15,199,083 SH   SOLE 0 13,667,342 1,531,741 0
Urban Outfitters, Inc. Common 917047102 192,335,769 6,926,027 SH   SOLE 0 6,290,173 635,854 0
Albemarle Corp Common 012653101 177,565,718 2,431,075 SH   SOLE 0 2,234,150 196,925 0
Lions Gate Entertainment Corp. Cl B Cl B Common 535919500 176,654,590 17,789,989 SH   SOLE 0 16,280,324 1,509,665 0
Caesars Entertainment Corp. Common 127686103 157,646,045 11,591,621 SH   SOLE 0 10,682,221 909,400 0
Kroger Co.(The) Common 501044101 155,085,657 5,349,626 SH   SOLE 0 5,345,526 4,100 0
Bank of America Corp Common 060505104 153,234,471 4,350,780 SH   SOLE 0 4,347,130 3,650 0
FedEx Corporation Common 31428x106 149,698,202 990,002 SH   SOLE 0 988,302 1,700 0
Cadence Bancorporation Cl A Common 12739a100 129,883,356 7,164,002 SH   SOLE 0 6,152,952 1,011,050 0
Apple Inc. Common 037833100 128,594,914 437,918 SH   SOLE 0 437,559 360 0
IMAX Corporation Common 45245e109 117,897,546 5,770,805 SH   SOLE 0 5,009,193 761,612 0
Allscripts Healthcare Solutions, Inc. Common 01988p108 114,637,796 11,679,857 SH   SOLE 0 10,104,136 1,575,721 0
Compass Minerals International, Inc. Common 20451N101 113,799,274 1,866,786 SH   SOLE 0 1,604,168 262,618 0
Regions Financial Corp Common 7591ep100 111,116,628 6,475,328 SH   SOLE 0 6,468,928 6,400 0
ViacomCBS Inc. Common 92556h206 110,456,520 2,631,797 SH   SOLE 0 2,629,997 1,800 0
AMC Networks Inc. Common 00164V103 108,745,672 2,753,055 SH   SOLE 0 2,375,651 377,404 0
AT&T Inc. Common 00206r102 103,522,146 2,648,980 SH   SOLE 0 2,645,930 3,050 0
Merck & Co., Inc. Common 58933y105 101,542,855 1,116,469 SH   SOLE 0 1,113,769 2,700 0
Walt Disney Company Common 254687106 93,028,860 643,219 SH   SOLE 0 642,570 650 0
General Motors Company Common 37045v100 91,251,609 2,493,213 SH   SOLE 0 2,491,127 2,086 0
Corning Inc. Common 219350105 88,970,202 3,056,345 SH   SOLE 0 3,053,195 3,150 0
Entegris, Inc. Common 29362U104 85,226,482 1,701,467 SH   SOLE 0 1,540,890 160,577 0
Spdr Trust Series 1 ETF 78462F103 81,677,010 253,765 SH   SOLE 0 134,866 118,900 0
Valvoline Inc. Common 92047w101 78,229,720 3,653,887 SH   SOLE 0 3,190,687 463,200 0
PQ Group Holdings Inc. Common 73943t103 77,784,356 4,527,611 SH   SOLE 0 3,888,574 639,037 0
GreenSky, Inc. Common 39572g100 70,862,120 7,962,036 SH   SOLE 0 6,872,080 1,089,956 0
Devon Energy Corporation Common 25179m103 61,327,707 2,361,482 SH   SOLE 0 2,356,733 4,750 0
Maxar Technologies Holdings Inc. Common 57778k105 59,107,490 3,772,016 SH   SOLE 0 3,401,819 370,197 0
iShares Trust Russell 2000 Value Index ETF 464287630 56,657,122 440,637 SH   SOLE 0 311,037 129,600 0
BWX Technologies, Inc. Common 05605H100 51,822,769 834,774 SH   SOLE 0 721,145 113,629 0
Live Nation Entertainment, Inc. Common 538034109 47,796,420 668,762 SH   SOLE 0 625,617 43,145 0
Livent Corporation Common 53814l108 41,240,925 4,823,500 SH   SOLE 0 4,186,100 637,400 0
Liberty Braves Group (The) Cl C Common 531229888 40,820,410 1,381,869 SH   SOLE 0 1,180,069 201,800 0
ChannelAdvisor Corporation Common 159179100 36,219,383 4,006,569 SH   SOLE 0 3,618,446 388,123 0
Ciena Corporation Common 171779309 31,683,664 742,180 SH   SOLE 0 636,387 105,793 0
Energy Transfer LP Common 29273v100 27,917,570 2,175,960 SH   SOLE 0 1,896,640 279,320 0
Acushnet Holdings Corp. Common 005098108 26,319,020 809,816 SH   SOLE 0 714,673 95,143 0
Liberty Media Corp Del Com A Braves Grp Cl A Common 531229706 12,429,932 419,222 SH   SOLE 0 321,622 97,600 0
iShares Russell 2000 ETF ETF 464287655 12,018,841 72,546 SH   SOLE 0 42,922 29,625 0
Varex Imaging Corp Common 92214x106 11,472,229 384,845 SH   SOLE 0 283,350 101,495 0
VANECK VECTORS ETF TR GOLD MINERS ETF ETF 92189F106 2,049,600 70,000 SH   SOLE 0 70,000 0 0
Lions Gate Entertainment Corp. Cl A Cl A Common 535919401 1,756,245 164,751 SH   SOLE 0 144,136 20,615 0
JPMorgan Chase 6.125 percent Pfd Preferred 48127R461 1,727,929 67,550 SH   SOLE 0 65,850 1,700 0
WESTLAKE CHEM PARTNERS COM UNIT RP LP Common 960417103 1,523,879 57,679 SH   SOLE 0 57,679 0 0
MID AMER APT CMNTYS IN PFD SER I 8.5 percent Preferred 59522J889 1,273,541 19,299 SH   SOLE 0 19,299 0 0
Constellation Brands Inc. - A Cl A Common 21036p108 1,096,755 5,780 SH   SOLE 0 5,780 0 0
CITIGROUP INC DEP SHS PFD S Preferred 172967317 988,117 37,700 SH   SOLE 0 36,800 900 0
BANK AMER CORP DEP 1/1000 PFD Preferred 060505310 944,244 37,800 SH   SOLE 0 36,900 900 0
Goldman Sachs Group Common 38141g104 850,741 3,700 SH   SOLE 0 3,700 0 0
Thermo Fisher Scientific, Inc Common 883556102 711,465 2,190 SH   SOLE 0 2,190 0 0
WELLS FARGO & CO NEW PFD SER X CL A Preferred 94988U672 652,500 25,000 SH   SOLE 0 25,000 0 0
Berkshire Hathaway Inc. Cl B Common 084670702 542,467 2,395 SH   SOLE 0 2,395 0 0
KKR REAL ESTATE FIN TR COM Common 48251k100 510,500 25,000 SH   SOLE 0 25,000 0 0
Vail Resorts Inc Com Common 91879q109 479,660 2,000 SH   SOLE 0 2,000 0 0
Ciner Resources LP Common 172464109 431,824 24,889 SH   SOLE 0 24,889 0 0
Cincinnati Bell 6.75 percent Series B Preferred 171871403 427,500 9,000 SH   SOLE 0 9,000 0 0
Microsoft Corp Common 594918104 349,000 2,213 SH   SOLE 0 2,213 0 0
Berkshire Hathaway Inc. Cl A Common 084990175 339,590 100 SH   SOLE 0 100 0 0
Procter & Gamble Co Common 742718109 291,068 2,330 SH   SOLE 0 2,330 0 0
GOLDMAN SACHS GROUP IN DEP 1/1000 SER K Preferred k38148b10 284,700 10,000 SH   SOLE 0 10,000 0 0
REGIONS FINL CORP NEW DEP SHS PFD B Preferred 7591ep506 282,200 10,000 SH   SOLE 0 10,000 0 0
CITIGROUP INC DEP SHS RP PFD K Preferred k17296734 281,700 10,000 SH   SOLE 0 10,000 0 0
Royal Carriben Cruis Com Common v7780t103 267,020 2,000 SH   SOLE 0 2,000 0 0
GOLDMAN SACHS GROUP IN DEP 1/1000 SER N Preferred 38148b504 266,700 10,000 SH   SOLE 0 10,000 0 0
BANK AMER CORP DEP SHS PFD EE Preferred 060505260 264,000 10,000 SH   SOLE 0 10,000 0 0
WELLS FARGO & CO NEW DEP PFD V 1/1000 Preferred 94988U730 259,900 10,000 SH   SOLE 0 10,000 0 0
UNITED STATES CELLULAR SR NT 120163 Preferred 911684504 258,200 10,000 SH   SOLE 0 10,000 0 0
Tiffany & Co. Common 886547108 253,935 1,900 SH   SOLE 0 1,900 0 0
Equifax Inc. Common 294429105 252,216 1,800 SH   SOLE 0 1,800 0 0
MORGAN STANLEY DEP 1/1000 PFD G Preferred 61762V507 250,000 10,000 SH   SOLE 0 10,000 0 0
NUTRIEN LTD COM Common 67077M108 218,469 4,560 SH   SOLE 0 4,560 0 0
Kirby Corp Common 497266106 214,872 2,400 SH   SOLE 0 2,400 0 0
Affiliated Managers Group, Inc. Common 008252108 211,850 2,500 SH   SOLE 0 2,500 0 0