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   1,470,137 153,780 SH   SOLE   153,780 0 0
ADIENT PLC ORD SHS G0084W101   23,381,372 674,009 SH   SOLE   579,539 0 94,470
ALASKA AIR GROUP INC COM 011659109   18,839,539 438,741 SH   SOLE   354,291 0 84,450
ALBERTSONS COS INC COMMON STOCK 013091103   685,250 33,040 SH   SOLE   33,040 0 0
ALGOMA STL GROUP INC COM 015658107   10,998,315 1,734,750 SH   SOLE   1,734,750 0 0
ALLY FINL INC COM 02005N100   19,936,799 815,411 SH   SOLE   653,521 0 161,890
ARCBEST CORP COM 03937C105   991,766 14,160 SH   SOLE   14,160 0 0
ARCELORMITTAL SA LUXEMBOURG NY REGISTRY SH 03938L203   700,074 26,700 SH   SOLE   26,700 0 0
ARGO GROUP INTL HLDGS LTD COM G0464B107   11,407,295 441,288 SH   SOLE   365,768 0 75,520
ARROW ELECTRS INC COM 042735100   17,742,392 169,670 SH   SOLE   136,720 0 32,950
AVNET INC COM 053807103   23,708,500 570,190 SH   SOLE   474,710 0 95,480
BLUELINX HLDGS INC COM NEW 09624H208   819,898 11,530 SH   SOLE   11,530 0 0
BOISE CASCADE CO DEL COM 09739D100   916,058 13,340 SH   SOLE   13,340 0 0
CALERES INC COM 129500104   860,008 38,600 SH   SOLE   38,600 0 0
CHICOS FAS INC COM 168615102   988,084 200,830 SH   SOLE   200,830 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101   28,534,032 1,771,200 SH   SOLE   1,508,220 0 262,980
CONSTELLIUM SE CL A SHS F21107101   1,068,841 90,350 SH   SOLE   90,350 0 0
CONTAINER STORE GROUP INC COM 210751103   924,064 214,400 SH   SOLE   214,400 0 0
CROSS CTRY HEALTHCARE INC COM 227483104   1,078,211 40,580 SH   SOLE   40,580 0 0
DANA INC COM 235825205   25,142,459 1,661,762 SH   SOLE   1,430,212 0 231,550
DELEK US HLDGS INC NEW COM 24665A103   23,343,390 864,570 SH   SOLE   727,440 0 137,130
DESIGNER BRANDS INC CL A 250565108   21,379,559 2,186,049 SH   SOLE   1,871,819 0 314,230
DXC TECHNOLOGY CO COM 23355L106   25,538,448 963,715 SH   SOLE   782,665 0 181,050
EASTMAN KODAK CO COM NEW 277461406   462,838 151,750 SH   SOLE   151,750 0 0
FOOT LOCKER INC COM 344849104   27,640,815 731,432 SH   SOLE   631,082 0 100,350
FORD MTR CO DEL COM 345370860   628,834 54,070 SH   SOLE   54,070 0 0
G III APPAREL GROUP LTD COM 36237H101   498,359 36,350 SH   SOLE   36,350 0 0
GAP INC COM 364760108   29,927,532 2,653,150 SH   SOLE   2,272,180 0 380,970
GENERAL MTRS CO COM 37045V100   793,568 23,590 SH   SOLE   23,590 0 0
GROUP 1 AUTOMOTIVE INC COM 398905109   1,109,276 6,150 SH   SOLE   6,150 0 0
HAWAIIAN HOLDINGS INC COM 419879101   12,641,962 1,232,160 SH   SOLE   991,570 0 240,590
HF SINCLAIR CORP COM 403949100   29,469,576 567,924 SH   SOLE   476,344 0 91,580
ISHARES TR RUS 2000 VAL ETF 464287630   24,846,891 179,180 SH   SOLE   179,180 0 0
JELD-WEN HLDG INC COM 47580P103   19,114,045 1,980,730 SH   SOLE   1,635,470 0 345,260
LA Z BOY INC COM 505336107   882,449 38,670 SH   SOLE   38,670 0 0
LIBERTY ENERGY INC COM CL A 53115L104   33,762,368 2,108,830 SH   SOLE   1,749,490 0 359,340
LITHIA MTRS INC COM 536797103   827,150 4,040 SH   SOLE   4,040 0 0
M/I HOMES INC COM 55305B101   24,276,272 525,688 SH   SOLE   447,118 0 78,570
MACYS INC COM 55616P104   24,564,476 1,189,563 SH   SOLE   1,024,453 0 165,110
MCKESSON CORP COM 58155Q103   1,706,796 4,550 SH   SOLE   4,550 0 0
MOLINA HEALTHCARE INC COM 60855R100   1,172,281 3,550 SH   SOLE   3,550 0 0
OWENS & MINOR INC NEW COM 690732102   506,218 25,920 SH   SOLE   25,920 0 0
PATRICK INDS INC COM 703343103   1,258,662 20,770 SH   SOLE   20,770 0 0
PBF ENERGY INC CL A 69318G106   31,725,168 777,959 SH   SOLE   647,889 0 130,070
PENSKE AUTOMOTIVE GRP INC COM 70959W103   1,152,748 10,030 SH   SOLE   10,030 0 0
PHILLIPS 66 COM 718546104   1,194,838 11,480 SH   SOLE   11,480 0 0
POSCO HOLDINGS INC SPONSORED ADR 693483109   838,293 15,390 SH   SOLE   15,390 0 0
PROPETRO HLDG CORP COM 74347M108   24,626,261 2,374,760 SH   SOLE   1,962,430 0 412,330
PVH CORPORATION COM 693656100   25,251,455 357,720 SH   SOLE   300,550 0 57,170
RYERSON HLDG CORP COM 783754104   813,086 26,870 SH   SOLE   26,870 0 0
SCHNITZER STEEL INDS INC CL A 806882106   753,684 24,590 SH   SOLE   24,590 0 0
SMART GLOBAL HLDGS INC SHS G8232Y101   1,018,090 68,420 SH   SOLE   68,420 0 0
SPORTSMANS WHSE HLDGS INC COM 84920Y106   16,296,332 1,731,810 SH   SOLE   1,442,120 0 289,690
STELLANTIS N.V SHS N82405106   20,981,068 1,477,540 SH   SOLE   1,238,460 0 239,080
STERLING INFRASTRUCTURE INC COM 859241101   23,898,506 728,613 SH   SOLE   728,613 0 0
TAYLOR MORRISON HOME CORP COM 87724P106   21,843,502 719,720 SH   SOLE   615,860 0 103,860
TERNIUM SA SPONSORED ADS 880890108   748,720 24,500 SH   SOLE   24,500 0 0
TIMKENSTEEL CORPORATION COM 887399103   1,136,715 62,560 SH   SOLE   62,560 0 0
TRINSEO PLC SHS G9059U107   26,138,620 1,150,974 SH   SOLE   981,944 0 169,030
UNITED NAT FOODS INC COM 911163103   26,367,704 681,160 SH   SOLE   570,540 0 110,620
VALERO ENERGY CORP COM 91913Y100   1,399,266 11,030 SH   SOLE   11,030 0 0
VERITIV CORP COM 923454102   976,114 8,020 SH   SOLE   8,020 0 0
VICTORIAS SECRET AND CO COMMON STOCK 926400102   23,505,313 656,940 SH   SOLE   566,410 0 90,530
WALGREENS BOOTS ALLIANCE INC COM 931427108   787,549 21,080 SH   SOLE   21,080 0 0