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
AHOLD DELHAIZE NV-ADR COM 500467501 54,440 2,280,704 SH   SOLE 0 767,550 0 1,513,154
ALBEMARLE CORP COM 012653101 468 4,965 SH   SOLE 0 4,965 0 0
ARCONIC INC COM 03965L100 44,265 2,602,308 SH   SOLE 0 969,814 0 1,632,494
ALLEGHENY TECHNOLOGIES COM 01741R102 77,699 3,093,096 SH   SOLE 0 1,156,936 0 1,936,160
BIG LOTS INC COM 089302103 55,628 1,331,446 SH   SOLE 0 498,430 0 833,016
BALL CORP COM 058498106 89,598 2,520,328 SH   SOLE 0 935,858 0 1,584,470
CONAGRA BRANDS, INC. COM 205887102 111,001 3,106,673 SH   SOLE 0 1,142,393 0 1,964,280
CALERES INC COM 129500104 820 23,843 SH   SOLE 0 23,843 0 0
CROWN HOLDINGS INC COM 228368106 86,794 1,939,097 SH   SOLE 0 721,263 0 1,217,834
CONSOL ENERGY INC COM 20854L108 137 3,585 SH   SOLE 0 3,585 0 0
CNX Resources COM 12653C108 510 28,690 SH   SOLE 0 28,690 0 0
DOMINION ENERGY, INC COM 25746U109 119,557 1,753,544 SH   SOLE 0 641,027 0 1,112,517
NOW INC COM 67011P100 459 34,450 SH   SOLE 0 34,450 0 0
DEVON ENERGY COM 25179M103 72,504 1,649,327 SH   SOLE 0 602,715 0 1,046,612
DOWDUPONT INC COM 26078J100 126,606 1,920,595 SH   SOLE 0 645,283 0 1,275,312
ENCOMPASS HEALTH CORP COM 29261A100 1,258 18,573 SH   SOLE 0 18,573 0 0
ENVISION HEALTHCARE CORP COM 29414D100 28,448 646,400 SH   SOLE 0 221,440 0 424,960
SPX FLOW INC COM 78469X107 15,194 347,141 SH   SOLE 0 111,589 0 235,552
FMC CORP COM 302491303 68,889 772,216 SH   SOLE 0 292,751 0 479,465
GGP INC COM 36174X101 51 2,490 SH   SOLE 0 2,490 0 0
HANESBRANDS IND COM 410345102 106,084 4,817,643 SH   SOLE 0 1,761,528 0 3,056,115
HD SUPPLY HOLDINGS COM 40416M105 109,187 2,545,738 SH   SOLE 0 934,201 0 1,611,537
HARRIS CORPORATION COM 413875105 802 5,550 SH   SOLE 0 5,550 0 0
INTERNATIONAL PAPER COM 460146103 77,946 1,496,661 SH   SOLE 0 549,857 0 946,804
ITT INC COM 45073V108 799 15,277 SH   SOLE 0 15,277 0 0
RUSSELL MIDCAP VALUE ETF COM 464287473 3,740 42,270 SH   SOLE 0 42,270 0 0
JOHNSON CONTROLS INTL COM G51502105 99,418 2,972,136 SH   SOLE 0 1,086,003 0 1,886,133
KINDER MORGAN COM 49456B101 45 2,529 SH   SOLE 0 2,529 0 0
KROGER CO COM 501044101 58,526 2,057,170 SH   SOLE 0 759,090 0 1,298,080
MACERICH COMPANY COM 554382101 51,604 908,040 SH   SOLE 0 324,110 0 583,930
MARTIN MARIETTA COM 573284106 836 3,742 SH   SOLE 0 3,742 0 0
NABORS INDUSTRIES COM G6359F103 576 89,931 SH   SOLE 0 89,931 0 0
NATIONAL FUEL GAS COM 636180101 744 14,044 SH   SOLE 0 14,044 0 0
NISOURCE INC COM 65473P105 958 36,458 SH   SOLE 0 36,458 0 0
NEWELL BRANDS, INC COM 651229106 63,606 2,466,320 SH   SOLE 0 912,770 0 1,553,550
OWENS CORNING COM 690742101 61,231 966,251 SH   SOLE 0 359,772 0 606,479
OWENS ILLINOIS COM 690768403 67,710 4,027,962 SH   SOLE 0 1,533,584 0 2,494,378
ONEOK INC COM 682680103 135,531 1,940,871 SH   SOLE 0 722,205 0 1,218,666
OCCIDENTAL PETROLEUM COM 674599105 98,526 1,177,415 SH   SOLE 0 427,635 0 749,780
PACKAGING CORP OF AMERICA COM 695156109 1,060 9,480 SH   SOLE 0 9,480 0 0
PERRIGO COMPANY PLC COM G97822103 99,775 1,368,472 SH   SOLE 0 490,740 0 877,732
REPUBLIC SERVICES INC COM 760759100 101,928 1,491,044 SH   SOLE 0 545,145 0 945,899
RAYTHEON COM 755111507 101,478 525,301 SH   SOLE 0 193,387 0 331,914
TRIUMPH GROUP COM 896818101 429 21,880 SH   SOLE 0 21,880 0 0
TARGET CORP COM 87612E106 99,201 1,303,223 SH   SOLE 0 467,867 0 835,356
TJX COMPANIES COM 872540109 62,397 655,568 SH   SOLE 0 240,508 0 415,060
TRINITY IND COM 896522109 52 1,517 SH   SOLE 0 1,517 0 0
USG CORP COM 903293405 43,238 1,002,734 SH   SOLE 0 386,040 0 616,694
VEREIT INC COM 92339V100 52,932 7,114,455 SH   SOLE 0 2,634,860 0 4,479,595
WASTE CONNECTIONS INC COM 94106B101 1,173 15,577 SH   SOLE 0 15,577 0 0
SELECT ENERGY SRVC COM 81617J301 542 37,320 SH   SOLE 0 37,320 0 0
WEYERHAEUSER CO COM 962166104 51,691 1,417,738 SH   SOLE 0 513,666 0 904,072