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
ARCOSA INC COM 039653100 28 740 SH   SOLE 0 740 0 0
ARCONIC INC COM 03965L100 42,754 1,655,833 SH   SOLE 0 526,083 0 1,129,750
ALLEGHENY TECHNOLOGIES COM 01741R102 37,774 1,498,972 SH   SOLE 0 491,815 0 1,007,157
BALL CORP COM 058498106 521 7,444 SH   SOLE 0 7,444 0 0
CONAGRA BRANDS, INC. COM 205887102 40,892 1,541,933 SH   SOLE 0 471,133 0 1,070,800
CALERES INC COM 129500104 377 18,907 SH   SOLE 0 18,907 0 0
CROWN HOLDINGS INC COM 228368106 42,502 695,607 SH   SOLE 0 221,092 0 474,515
CONSOL ENERGY INC COM 20854L108 135 5,068 SH   SOLE 0 5,068 0 0
COLFAX CORP COM 194014106 11,774 420,040 SH   SOLE 0 132,890 0 287,150
CNX Resources COM 12653C108 190 25,950 SH   SOLE 0 25,950 0 0
CORTEVA INC COM 22052L104 8,686 293,746 SH   SOLE 0 89,891 0 203,855
DOMINION ENERGY, INC COM 25746U109 32,346 418,337 SH   SOLE 0 127,927 0 290,410
DUPONT DE NEMOURS INC COM 26614N102 26,331 350,746 SH   SOLE 0 107,331 0 243,415
NOW INC COM 67011P100 413 27,970 SH   SOLE 0 27,970 0 0
DOW INC COM 260557103 22,679 459,917 SH   SOLE 0 140,721 0 319,196
DEVON ENERGY COM 25179M103 27,256 955,692 SH   SOLE 0 292,250 0 663,442
ENCOMPASS HEALTH CORP COM 29261A100 711 11,218 SH   SOLE 0 11,218 0 0
FIRSTENERGY COM 337932107 27,613 645,021 SH   SOLE 0 204,061 0 440,960
SPX FLOW INC COM 78469X107 476 11,360 SH   SOLE 0 11,360 0 0
FMC CORP COM 302491303 31,336 377,768 SH   SOLE 0 110,805 0 266,963
GENUINE PARTS CO COM 372460105 3,449 33,300 SH   SOLE 0 10,220 0 23,080
GRAPHIC PACKAGING CO COM 388689101 33,174 2,372,986 SH   SOLE 0 760,366 0 1,612,620
HANESBRANDS IND COM 410345102 35,744 2,075,705 SH   SOLE 0 636,174 0 1,439,531
HD SUPPLY HOLDINGS COM 40416M105 28,812 715,302 SH   SOLE 0 229,488 0 485,814
INTERNATIONAL PAPER COM 460146103 35,887 828,407 SH   SOLE 0 254,677 0 573,730
ITT INC COM 45073V108 658 10,052 SH   SOLE 0 10,052 0 0
JOHNSON CONTROLS INTL COM G51502105 39,905 965,977 SH   SOLE 0 295,006 0 670,971
KROGER CO COM 501044101 44,655 2,056,884 SH   SOLE 0 627,614 0 1,429,270
MACERICH COMPANY COM 554382101 27,999 836,046 SH   SOLE 0 264,996 0 571,050
MAGNOLIA OIL & GAS CORP COM 559663109 339 29,250 SH   SOLE 0 29,250 0 0
NATIONAL FUEL GAS COM 636180101 587 11,119 SH   SOLE 0 11,119 0 0
NISOURCE INC COM 65473P105 580 20,128 SH   SOLE 0 20,128 0 0
nVENT ELECTRIC COM G6700G107 28,769 1,160,500 SH   SOLE 0 369,490 0 791,010
NEWELL BRANDS, INC COM 651229106 37,106 2,406,348 SH   SOLE 0 764,238 0 1,642,110
OWENS CORNING COM 690742101 44,232 760,007 SH   SOLE 0 240,247 0 519,760
OWENS ILLINOIS COM 690768403 30,653 1,774,907 SH   SOLE 0 566,210 0 1,208,697
ONEOK INC COM 682680103 44,361 644,685 SH   SOLE 0 204,975 0 439,710
PATTERSON COS INC. COM 703395103 27,803 1,214,100 SH   SOLE 0 381,780 0 832,320
PACKAGING CORP OF AMERICA COM 695156109 676 7,090 SH   SOLE 0 7,090 0 0
PERRIGO COMPANY PLC COM G97822103 43,125 905,608 SH   SOLE 0 286,317 0 619,291
REPUBLIC SERVICES INC COM 760759100 27,640 319,016 SH   SOLE 0 97,426 0 221,590
RAYTHEON COM 755111507 26,467 152,215 SH   SOLE 0 47,445 0 104,770
STERICYCLE INC COM 858912108 34,462 721,708 SH   SOLE 0 228,416 0 493,292
TRIUMPH GROUP COM 896818101 554 24,180 SH   SOLE 0 24,180 0 0
TARGET CORP COM 87612E106 38,288 442,077 SH   SOLE 0 135,007 0 307,070
TRINITY IND COM 896522109 461 22,240 SH   SOLE 0 22,240 0 0
VEREIT INC COM 92339V100 37,948 4,211,767 SH   SOLE 0 1,330,537 0 2,881,230
WASTE CONNECTIONS INC COM 94106B101 499 5,222 SH   SOLE 0 5,222 0 0
SELECT ENERGY SRVC COM 81617J301 481 41,400 SH   SOLE 0 41,400 0 0
WEYERHAEUSER CO COM 962166104 24,671 936,642 SH   SOLE 0 287,519 0 649,123