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
Alcoa Corporation COM 013872106   33,018,359 726,157 SH   SOLE 0 533,294 0 192,863
American Airlines Group, Inc. COM 02376R102   16,128,629 1,267,974 SH   SOLE 0 930,384 0 337,590
Advance Auto Parts, Inc. COM 00751Y106   1,269,016 8,631 SH   SOLE 0 6,286 0 2,345
Adobe Incorporated COM 00724F101   3,685,004 10,950 SH   SOLE 0 8,073 0 2,877
Adient plc COM G0084W101   2,592,661 74,738 SH   SOLE 0 54,471 0 20,267
Autodesk, Inc. COM 052769106   3,978,275 21,289 SH   SOLE 0 15,629 0 5,660
American International Group, Inc. COM 026874784   80,044,765 1,265,730 SH   SOLE 0 929,685 0 336,045
Applied Materials, Inc. COM 038222105   7,413,150 76,126 SH   SOLE 0 55,907 0 20,219
America Movil SAB de CV Sponsored ADR Class L COM 02364W105   1,576,193 86,604 SH   SOLE 0 64,120 0 22,484
Amazon.com, Inc. COM 023135106   53,260,284 634,051 SH   SOLE 0 466,059 0 167,992
APA Corp. COM 03743Q108   3,730,339 79,913 SH   SOLE 0 58,174 0 21,739
Altice USA, Inc. Class A COM 02156K103   1,715,598 372,956 SH   SOLE 0 275,362 0 97,594
Broadcom Inc. COM 11135F101   21,400,701 38,275 SH   SOLE 0 28,206 0 10,069
American Express Company COM 025816109   64,998,919 439,925 SH   SOLE 0 322,708 0 117,217
Bank of America Corp COM 060505104   128,254,219 3,872,410 SH   SOLE 0 2,858,022 0 1,014,388
Credicorp Ltd. COM G2519Y108   15,085,392 111,200 SH   SOLE 0 81,955 0 29,245
Liberty Media Corp. Series C Liberty Braves COM 531229888   201,051 6,238 SH   SOLE 0 4,582 0 1,656
Bread Financial Holdings, Inc. COM 018581108   398,556 10,583 SH   SOLE 0 7,831 0 2,752
Bio-Rad Laboratories, Inc. Class A COM 090572207   26,512,735 63,052 SH   SOLE 0 46,506 0 16,546
Booking Holdings Inc. COM 09857L108   45,615,863 22,635 SH   SOLE 0 16,665 0 5,970
TopBuild Corp. COM 89055F103   7,223,735 46,161 SH   SOLE 0 34,493 0 11,668
Bristol-Myers Squibb Company COM 110122108   3,390,932 47,129 SH   SOLE 0 34,504 0 12,625
Berkshire Hathaway Inc. Class B COM 084670702   56,219,491 181,999 SH   SOLE 0 134,469 0 47,530
Peabody Energy Corporation COM 704551100   30,228,971 1,144,170 SH   SOLE 0 578,535 0 565,635
Citigroup Inc. COM 172967424   64,070,421 1,416,547 SH   SOLE 0 1,040,349 0 376,198
Avis Budget Group, Inc. COM 053774105   3,139,587 19,152 SH   SOLE 0 13,940 0 5,212
CBRE Group, Inc. Class A COM 12504L109   64,607,381 839,493 SH   SOLE 0 615,959 0 223,534
Citizens Financial Group, Inc. COM 174610105   20,262,873 514,678 SH   SOLE 0 378,218 0 136,460
Charter Communications, Inc. Class A COM 16119P108   2,310,288 6,813 SH   SOLE 0 5,004 0 1,809
CME Group Inc. Class A COM 12572Q105   2,891,175 17,193 SH   SOLE 0 12,799 0 4,394
Centene Corporation COM 15135B101   7,013,413 85,519 SH   SOLE 0 63,348 0 22,171
Capital One Financial Corp COM 14040H105   26,569,176 285,813 SH   SOLE 0 209,902 0 75,911
ConocoPhillips COM 20825C104   52,290,638 443,141 SH   SOLE 0 326,083 0 117,058
Costco Wholesale Corporation COM 22160K105   107,919,339 236,406 SH   SOLE 0 173,359 0 63,047
Copa Holdings, S.A. Class A COM P31076105   8,900,687 107,018 SH   SOLE 0 78,974 0 28,044
Corteva Inc COM 22052L104   3,224,436 54,856 SH   SOLE 0 40,395 0 14,461
Cemex SAB de CV Sponsored ADR COM 151290889   21,422,333 5,289,465 SH   SOLE 0 3,734,673 0 1,554,792
Caesars Entertainment Inc COM 12769G100   7,391,571 177,682 SH   SOLE 0 131,320 0 46,362
Delta Air Lines, Inc. COM 247361702   29,607,649 901,024 SH   SOLE 0 661,513 0 239,511
DuPont de Nemours, Inc. COM 26614N102   3,790,847 55,236 SH   SOLE 0 40,579 0 14,657
DHT Holdings, Inc. COM Y2065G121   38,435,837 4,328,360 SH   SOLE 0 3,195,104 0 1,133,256
Walt Disney Company COM 254687106   13,225,916 152,232 SH   SOLE 0 111,799 0 40,433
NOW Inc. COM 67011P100   3,360,217 264,584 SH   SOLE 0 196,035 0 68,549
Dow, Inc. COM 260557103   2,952,400 58,591 SH   SOLE 0 43,016 0 15,575
Diana Shipping Inc. COM Y2066G104   18,167,393 4,658,306 SH   SOLE 0 3,429,135 0 1,229,171
DXC Technology Co. COM 23355L106   12,197,473 460,282 SH   SOLE 0 338,299 0 121,983
eBay Inc. COM 278642103   3,189,458 76,910 SH   SOLE 0 56,419 0 20,491
Elevance Health, Inc. COM 036752103   56,387,201 109,923 SH   SOLE 0 80,969 0 28,954
EPAM Systems, Inc. COM 29414B104   18,189,570 55,500 SH   SOLE 0 40,759 0 14,741
FirstCash Holdings, Inc. COM 33768G107   7,213,530 83,000 SH   SOLE 0 60,938 0 22,062
Freeport-McMoRan, Inc. COM 35671D857   53,103,556 1,397,462 SH   SOLE 0 1,026,352 0 371,110
Liberty Media Corp. Series A Liberty Formula One COM 531229870   2,160,763 40,441 SH   SOLE 0 28,983 0 11,458
Liberty Media Corp. Series C Liberty Formula One COM 531229854   12,455,342 208,353 SH   SOLE 0 153,226 0 55,127
Graco Inc. COM 384109104   4,481,467 66,629 SH   SOLE 0 48,626 0 18,003
Golar LNG Limited COM G9456A100   15,899,785 697,665 SH   SOLE 0 515,550 0 182,115
Corning Inc COM 219350105   20,435,212 639,800 SH   SOLE 0 470,476 0 169,324
Alphabet Inc. Class C COM 02079K107   93,763,121 1,056,724 SH   SOLE 0 779,364 0 277,360
Garmin Ltd. COM H2906T109   5,251,762 56,905 SH   SOLE 0 41,974 0 14,931
Ferroglobe PLC COM G33856108   19,484,215 5,060,835 SH   SOLE 0 3,402,023 0 1,658,812
Huntington Bancshares Incorporated COM 446150104   1,151,547 81,670 SH   SOLE 0 59,924 0 21,746
Hanesbrands Inc. COM 410345102   1,429,041 224,692 SH   SOLE 0 163,980 0 60,712
Warrior Met Coal, Inc. COM 93627C101   9,866,165 284,820 SH   SOLE 0 210,232 0 74,588
Hackett Group, Inc. COM 404609109   5,196,061 255,084 SH   SOLE 0 185,728 0 69,356
D-MARKET Elektronik Hizmetler ve Ticaret AS Sponso COM 23292B104   4,017,626 6,087,312 SH   SOLE 0 4,531,668 0 1,555,644
Hewlett Packard Enterprise Co. COM 42824C109   1,282,673 80,368 SH   SOLE 0 58,710 0 21,658
HP Inc. COM 40434L105   2,126,062 79,124 SH   SOLE 0 58,506 0 20,618
iShares MSCI India ETF COM 46429B598   4,144,991 99,305 SH   SOLE 0 99,305 0 0
International Seaways, Inc. COM Y41053102   32,567,308 879,722 SH   SOLE 0 650,813 0 228,909
Intel Corporation COM 458140100   2,527,422 95,627 SH   SOLE 0 69,775 0 25,852
Gartner, Inc. COM 366651107   13,929,305 41,439 SH   SOLE 0 30,371 0 11,068
Jefferies Financial Group Inc. COM 47233W109   28,642,414 835,543 SH   SOLE 0 614,694 0 220,849
JPMorgan Chase & Co. COM 46625H100   32,037,026 238,904 SH   SOLE 0 176,951 0 61,953
Jackson Financial Incorporation Class A COM 46817M107   537,610 15,453 SH   SOLE 0 11,543 0 3,910
KLA Corporation COM 482480100   6,852,143 18,174 SH   SOLE 0 13,237 0 4,937
Kroger Co. COM 501044101   16,031,414 359,610 SH   SOLE 0 264,100 0 95,510
Loews Corporation COM 540424108   7,891,291 135,287 SH   SOLE 0 99,327 0 35,960
Lazard Ltd Class A COM G54050102   10,117,538 291,824 SH   SOLE 0 214,173 0 77,651
Liberty Broadband Corp. Class A COM 530307107   241,279 3,181 SH   SOLE 0 2,410 0 771
Liberty Broadband Corp. Class C COM 530307305   1,080,593 14,168 SH   SOLE 0 10,402 0 3,766
Liberty Global Plc Class A COM G5480U104   9,590,582 506,634 SH   SOLE 0 371,116 0 135,518
Liberty Global Plc Class C COM G5480U120   1,389,789 71,528 SH   SOLE 0 51,966 0 19,562
Lions Gate Entertainment Corp Class B COM 535919500   106,292 19,575 SH   SOLE 0 14,419 0 5,156
Liberty Latin America Ltd. Class A COM G9001E102   761,562 101,137 SH   SOLE 0 74,450 0 26,687
Liberty Latin America Ltd. Class C COM G9001E128   1,039,482 136,774 SH   SOLE 0 100,550 0 36,224
LivaNova Plc COM G5509L101   8,092,456 145,705 SH   SOLE 0 106,925 0 38,780
Louisiana-Pacific Corporation COM 546347105   15,592,274 263,383 SH   SOLE 0 194,656 0 68,727
Lam Research Corporation COM 512807108   8,692,645 20,682 SH   SOLE 0 15,198 0 5,484
Lesaka Technologies, Inc. COM 64107N206   4,939,039 1,085,503 SH   SOLE 0 800,983 0 284,520
Liberty Media Corp. Series A Liberty SiriusXM COM 531229409   1,729,601 43,999 SH   SOLE 0 32,338 0 11,661
Liberty Media Corp. Series C Liberty SiriusXM COM 531229607   2,883,764 73,697 SH   SOLE 0 54,173 0 19,524
Liberty TripAdvisor Holdings Inc Class A COM 531465102   9,978 14,902 SH   SOLE 0 11,045 0 3,857
Lumen Technologies, Inc. COM 550241103   2,033,300 389,521 SH   SOLE 0 287,152 0 102,369
LyondellBasell Industries NV COM N53745100   8,715,576 104,969 SH   SOLE 0 77,408 0 27,561
Masco Corporation COM 574599106   10,504,810 225,087 SH   SOLE 0 166,368 0 58,719
MBIA Inc. COM 55262C100   27,517,080 2,141,407 SH   SOLE 0 1,575,885 0 565,522
Microchip Technology Incorporated COM 595017104   7,104,874 101,137 SH   SOLE 0 74,891 0 26,246
MGM Resorts International COM 552953101   36,403,622 1,085,703 SH   SOLE 0 798,032 0 287,671
Mohawk Industries, Inc. COM 608190104   1,994,926 19,516 SH   SOLE 0 14,368 0 5,148
Altria Group Inc COM 02209S103   3,738,484 81,787 SH   SOLE 0 39,947 0 41,840
Marathon Petroleum Corporation COM 56585A102   25,193,547 216,458 SH   SOLE 0 159,920 0 56,538
Morgan Stanley COM 617446448   31,617,833 371,887 SH   SOLE 0 273,682 0 98,205
Microsoft Corporation COM 594918104   26,195,059 109,228 SH   SOLE 0 80,358 0 28,870
Micron Technology, Inc. COM 595112103   41,695,965 834,253 SH   SOLE 0 614,039 0 220,214
Noble Corporation PLC Class A COM G65431127   17,448,002 462,689 SH   SOLE 0 342,395 0 120,294
Ingevity Corporation COM 45688C107   398,409 5,656 SH   SOLE 0 4,058 0 1,598
NVIDIA Corporation COM 67066G104   5,275,946 36,102 SH   SOLE 0 26,585 0 9,517
Permian Basin Royalty Trust COM 714236106   12,433,050 493,375 SH   SOLE 0 371,337 0 122,038
Philip Morris International Inc. COM 718172109   11,411,124 112,747 SH   SOLE 0 56,806 0 55,941
PNC Financial Services Group, Inc. COM 693475105   11,682,032 73,965 SH   SOLE 0 54,878 0 19,087
PayPal Holdings, Inc. COM 70450Y103   26,571,470 373,090 SH   SOLE 0 273,441 0 99,649
QUALCOMM Incorporated COM 747525103   13,233,368 120,369 SH   SOLE 0 89,105 0 31,264
Qurate Retail, Inc. Class A COM 74915M100   78,564 48,199 SH   SOLE 0 35,472 0 12,727
RLX Technology, Inc. Sponsored ADR Class A COM 74969N103   1,936,232 841,840 SH   SOLE 0 429,753 0 412,087
Raytheon Technologies Corporation COM 75513E101   7,016,362 69,524 SH   SOLE 0 65,498 0 4,026
Rackspace Technology, Inc. COM 750102105   1,718,340 582,488 SH   SOLE 0 428,249 0 154,239
Ryanair Holdings Plc Sponsored ADR COM 783513203   31,127,223 416,362 SH   SOLE 0 275,803 0 140,559
Charles Schwab Corp COM 808513105   47,793,322 574,025 SH   SOLE 0 422,473 0 151,552
Sherwin-Williams Company COM 824348106   12,905,056 54,376 SH   SOLE 0 39,755 0 14,621
SL Green Realty Corp. COM 78440X887   11,399,181 338,054 SH   SOLE 0 248,569 0 89,485
Scotts Miracle-Gro Company Class A COM 810186106   1,207,753 24,856 SH   SOLE 0 18,142 0 6,714
Steel Dynamics, Inc. COM 858119100   22,338,421 228,643 SH   SOLE 0 168,704 0 59,939
Scorpio Tankers Inc. COM Y7542C130   28,390,184 527,993 SH   SOLE 0 389,405 0 138,588
Seagate Technology Holdings PLC COM G7997R103   11,226,080 213,383 SH   SOLE 0 156,371 0 57,012
Synchrony Financial COM 87165B103   36,686,908 1,116,461 SH   SOLE 0 820,415 0 296,046
Thor Industries, Inc. COM 885160101   6,171,609 81,754 SH   SOLE 0 60,321 0 21,433
Texas Pacific Land Corporation COM 88262P102   4,538,429 1,936 SH   SOLE 0 1,438 0 498
Tractor Supply Company COM 892356106   19,499,275 86,675 SH   SOLE 0 63,331 0 23,344
Taiwan Semiconductor Manufacturing Co., Ltd. Spons COM 874039100   28,526,243 382,954 SH   SOLE 0 280,515 0 102,439
Texas Instruments Incorporated COM 882508104   9,054,552 54,803 SH   SOLE 0 40,568 0 14,235
Union Pacific Corporation COM 907818108   21,031,065 101,565 SH   SOLE 0 74,632 0 26,933
Visa Inc. Class A COM 92826C839   9,505,643 45,753 SH   SOLE 0 33,601 0 12,152
Valaris Ltd. COM G9460G101   18,007,206 266,300 SH   SOLE 0 198,996 0 67,304
Veeco Instruments Inc. COM 922417100   1,880,073 101,188 SH   SOLE 0 75,300 0 25,888
VICI Properties Inc COM 925652109   6,295,968 194,320 SH   SOLE 0 143,282 0 51,038
Vipshop Holdings Ltd Sponsored ADR COM 92763W103   9,318,261 683,157 SH   SOLE 0 502,255 0 180,902
Western Digital Corporation COM 958102105   1,443,160 45,742 SH   SOLE 0 33,374 0 12,368
Wells Fargo & Company COM 949746101   98,642,842 2,389,025 SH   SOLE 0 1,773,536 0 615,489
Wheaton Precious Metals Corp COM 962879102   7,567,099 193,631 SH   SOLE 0 142,163 0 51,468
WestRock Company COM 96145D105   9,609,228 273,300 SH   SOLE 0 201,490 0 71,810
Willis Towers Watson Public Limited Company COM G96629103   14,557,646 59,521 SH   SOLE 0 43,494 0 16,027
Yandex NV Class A COM N97284108   3 278,906 SH   SOLE 0 221,114 0 57,792