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
ADTRAN HOLDINGS INC COM 00486H105 30,830 1,574,552 SH   SOLE   1,571,387 0 3,165
AES CORP COM 00130H105 8,847 391,448 SH   SOLE   387,983 0 3,465
AIR TRANSPORT SERVICES GRP I COM 00922R105 29,910 1,241,597 SH   SOLE   1,239,402 0 2,195
API GROUP CORP COM STK 00187Y100 19,388 1,461,017 SH   SOLE   1,458,012 0 3,005
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 18,600 690,678 SH   SOLE   688,718 0 1,960
BRIGHTVIEW HLDGS INC COM 10948C107 23,462 2,954,877 SH   SOLE   2,948,187 0 6,690
CATALENT INC COM 148806102 5,565 76,913 SH   SOLE   76,373 0 540
CISCO SYS INC COM 17275R102 8,739 218,483 SH   SOLE   216,718 0 1,765
COMPASS MINERALS INTL INC COM 20451N101 20,076 521,037 SH   SOLE   519,547 0 1,490
DEVON ENERGY CORP NEW COM 25179M103 11,634 193,479 SH   SOLE   191,969 0 1,510
ENCORE CAP GROUP INC COM 292554102 21,987 483,452 SH   SOLE   482,562 0 890
EVERCORE INC CLASS A 29977A105 16,902 205,500 SH   SOLE   205,125 0 375
GENTEX CORP COM 371901109 20,841 874,219 SH   SOLE   872,399 0 1,820
GRANITE CONSTR INC COM 387328107 22,395 882,037 SH   SOLE   880,322 0 1,715
HALOZYME THERAPEUTICS INC COM 40637H109 21,338 539,668 SH   SOLE   539,668 0 0
HILLENBRAND INC COM 431571108 33,843 921,646 SH   SOLE   919,501 0 2,145
HOSTESS BRANDS INC CL A 44109J106 16,803 723,032 SH   SOLE   720,947 0 2,085
HOWARD HUGHES CORP COM 44267D107 25,158 454,197 SH   SOLE   453,067 0 1,130
JAMES RIV GROUP LTD COM G5005R107 25,869 1,134,099 SH   SOLE   1,131,819 0 2,280
JANUS INTERNATIONAL GROUP IN COMMON STOCK 47103N106 23,095 2,589,094 SH   SOLE   2,584,534 0 4,560
JOHNSON & JOHNSON COM 478160104 9,973 61,047 SH   SOLE   60,512 0 535
JPMORGAN CHASE & CO COM 46625H100 6,770 64,789 SH   SOLE   64,379 0 410
KNOWLES CORP COM 49926D109 9,965 818,816 SH   SOLE   818,816 0 0
MORGAN STANLEY COM NEW 617446448 5,697 72,109 SH   SOLE   71,469 0 640
MP MATERIALS CORP COM CL A 553368101 17,416 637,942 SH   SOLE   637,942 0 0
OPEN LENDING CORP COM CL A 68373J104 9,400 1,169,147 SH   SOLE   1,167,112 0 2,035
ORACLE CORP COM 68389X105 6,864 112,400 SH   SOLE   111,475 0 925
PEPSICO INC COM 713448108 6,029 36,928 SH   SOLE   36,713 0 215
PHILIP MORRIS INTL INC COM 718172109 8,728 105,146 SH   SOLE   104,296 0 850
ROYALTY PHARMA PLC SHS CLASS A G7709Q104 7,249 180,413 SH   SOLE   178,778 0 1,635
SHUTTERSTOCK INC COM 825690100 22,902 456,489 SH   SOLE   455,349 0 1,140
SP PLUS CORP COM 78469C103 24,250 774,252 SH   SOLE   772,532 0 1,720
SPIRIT RLTY CAP INC NEW COM NEW 84860W300 14,670 405,700 SH   SOLE   405,700 0 0
STERICYCLE INC COM 858912108 17,110 406,314 SH   SOLE   405,164 0 1,150
TERRENO RLTY CORP COM 88146M101 27,534 519,600 SH   SOLE   518,290 0 1,310
TEXAS CAP BANCSHARES INC COM 88224Q107 13,138 222,565 SH   SOLE   222,565 0 0
TOPGOLF CALLAWAY BRANDS CORP COM 131193104 23,248 1,207,080 SH   SOLE   1,204,700 0 2,380
UPLAND SOFTWARE INC COM 91544A109 4,650 571,966 SH   SOLE   571,966 0 0
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 703 2,142 SH   SOLE   2,142 0 0
VANGUARD INTL EQUITY INDEX F TT WRLD ST ETF 922042742 1,924 24,395 SH   SOLE   24,395 0 0
VANGUARD INTL EQUITY INDEX F ALLWRLD EX US 922042775 255 5,750 SH   SOLE   5,750 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 6,391 168,308 SH   SOLE   166,913 0 1,395
VIPER ENERGY PARTNERS LP COM UNT RP INT 92763M105 23,299 812,958 SH   SOLE   812,958 0 0
WASTE CONNECTIONS INC COM 94106B101 9,402 69,579 SH   SOLE   69,013 0 566
WILLSCOT MOBIL MINI HLDNG CO COM CL A 971378104 24,791 614,715 SH   SOLE   612,715 0 2,000
WORLD FUEL SVCS CORP COM 981475106 25,660 1,094,707 SH   SOLE   1,092,612 0 2,095
ZIMMER BIOMET HOLDINGS INC COM 98956P102 8,366 80,022 SH   SOLE   79,347 0 675