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 34,032 1,489,345 SH   SOLE 0 702,037 0 787,308
ALBEMARLE CORP COM 012653101 495 4,965 SH   SOLE 0 4,965 0 0
ARCONIC INC COM 03965L100 57,742 2,623,436 SH   SOLE 0 1,210,411 0 1,413,025
ALLEGHENY TECHNOLOGIES COM 01741R102 65,397 2,213,106 SH   SOLE 0 1,059,856 0 1,153,250
BIG LOTS INC COM 089302103 32,551 778,924 SH   SOLE 0 372,220 0 406,704
BALL CORP COM 058498106 73,479 1,670,368 SH   SOLE 0 795,478 0 874,890
CONAGRA BRANDS, INC. COM 205887102 74,850 2,203,423 SH   SOLE 0 1,032,663 0 1,170,760
CALERES INC COM 129500104 855 23,843 SH   SOLE 0 23,843 0 0
CROWN HOLDINGS INC COM 228368106 66,763 1,390,887 SH   SOLE 0 665,223 0 725,664
CONSOL ENERGY INC COM 20854L108 146 3,585 SH   SOLE 0 3,585 0 0
CNX Resources COM 12653C108 411 28,690 SH   SOLE 0 28,690 0 0
DOMINION ENERGY, INC COM 25746U109 87,361 1,243,037 SH   SOLE 0 580,127 0 662,910
NOW INC COM 67011P100 570 34,450 SH   SOLE 0 34,450 0 0
DEVON ENERGY COM 25179M103 47,509 1,189,507 SH   SOLE 0 557,205 0 632,302
DOWDUPONT INC COM 26078J100 92,196 1,433,623 SH   SOLE 0 616,543 0 817,080
ENCOMPASS HEALTH CORP COM 29261A100 1,448 18,573 SH   SOLE 0 18,573 0 0
ENVISION HEALTHCARE CORP COM 29414D100 14,735 322,210 SH   SOLE 0 133,970 0 188,240
FIRSTENERGY COM 337932107 38,453 1,034,520 SH   SOLE 0 480,620 0 553,900
SPX FLOW INC COM 78469X107 29 550 SH   SOLE 0 550 0 0
FMC CORP COM 302491303 47,342 543,036 SH   SOLE 0 257,861 0 285,175
HANESBRANDS IND COM 410345102 63,166 3,427,338 SH   SOLE 0 1,607,308 0 1,820,030
HD SUPPLY HOLDINGS COM 40416M105 63,810 1,491,235 SH   SOLE 0 708,881 0 782,354
HARRIS CORPORATION COM 413875105 939 5,550 SH   SOLE 0 5,550 0 0
INTERNATIONAL PAPER COM 460146103 59,694 1,214,527 SH   SOLE 0 566,847 0 647,680
ITT INC COM 45073V108 936 15,277 SH   SOLE 0 15,277 0 0
RUSSELL MIDCAP VALUE ETF COM 464287473 3,815 42,270 SH   SOLE 0 42,270 0 0
JOHNSON CONTROLS INTL COM G51502105 73,411 2,097,450 SH   SOLE 0 991,438 0 1,106,012
KROGER CO COM 501044101 42,788 1,469,880 SH   SOLE 0 696,800 0 773,080
MACERICH COMPANY COM 554382101 35,522 642,470 SH   SOLE 0 294,590 0 347,880
MAGNOLIA OIL & GAS CORP COM 559663109 1,033 68,830 SH   SOLE 0 68,830 0 0
MARTIN MARIETTA COM 573284106 681 3,742 SH   SOLE 0 3,742 0 0
NABORS INDUSTRIES COM G6359F103 554 89,931 SH   SOLE 0 89,931 0 0
NATIONAL FUEL GAS COM 636180101 787 14,044 SH   SOLE 0 14,044 0 0
NISOURCE INC COM 65473P105 909 36,458 SH   SOLE 0 36,458 0 0
NEWELL BRANDS, INC COM 651229106 43,114 2,123,840 SH   SOLE 0 1,000,020 0 1,123,820
OWENS CORNING COM 690742101 42,709 786,977 SH   SOLE 0 373,872 0 413,105
OWENS ILLINOIS COM 690768403 54,531 2,902,112 SH   SOLE 0 1,434,564 0 1,467,548
ONEOK INC COM 682680103 90,123 1,329,445 SH   SOLE 0 634,015 0 695,430
OCCIDENTAL PETROLEUM COM 674599105 68,745 836,625 SH   SOLE 0 389,945 0 446,680
PACKAGING CORP OF AMERICA COM 695156109 1,040 9,480 SH   SOLE 0 9,480 0 0
PERRIGO COMPANY PLC COM G97822103 70,774 999,635 SH   SOLE 0 473,750 0 525,885
REPUBLIC SERVICES INC COM 760759100 63,021 867,347 SH   SOLE 0 405,995 0 461,352
RAYTHEON COM 755111507 77,021 372,692 SH   SOLE 0 176,417 0 196,275
TRIUMPH GROUP COM 896818101 510 21,880 SH   SOLE 0 21,880 0 0
TARGET CORP COM 87612E106 68,803 779,987 SH   SOLE 0 365,017 0 414,970
TJX COMPANIES COM 872540109 32,441 289,598 SH   SOLE 0 135,548 0 154,050
TRINITY IND COM 896522109 56 1,517 SH   SOLE 0 1,517 0 0
USG CORP COM 903293405 16,552 382,171 SH   SOLE 0 187,090 0 195,081
VEREIT INC COM 92339V100 44,788 6,169,120 SH   SOLE 0 2,861,230 0 3,307,890
WASTE CONNECTIONS INC COM 94106B101 1,243 15,577 SH   SOLE 0 15,577 0 0
SELECT ENERGY SRVC COM 81617J301 442 37,320 SH   SOLE 0 37,320 0 0
WEYERHAEUSER CO COM 962166104 32,331 1,001,892 SH   SOLE 0 469,720 0 532,172