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
3M CO COM 88579y101 7,927 33,678 SH   SOLE 15,153 0 18,525
AES CORP COM 00130h105 3,357 310,000 SH   SOLE 310,000 0 0
AFLAC INC COM 001055102 338 3,847 SH   SOLE 3,847 0 0
AGNC INVT CORP COM 00123Q104 606 30,000 SH   SOLE 30,000 0 0
ALCENTRA CAP CORP COM 01374t102 1,097 130,800 SH   SOLE 130,800 0 0
ALTRIA GROUP INC COM 02209s103 592 8,284 SH   SOLE 8,284 0 0
AMC NETWORKS INC CL A 00164V103 509 9,420 SH   SOLE 9,420 0 0
AMERICAN EXPRESS CO COM 025816109 9,156 92,197 SH   SOLE 42,247 0 49,950
AMERICAN INTL GROUP INC COM NEW 026874784 3,089 51,842 SH   SOLE 35,542 0 16,300
ANNALY CAP MGMT INC COM 035710409 3,021 254,086 SH   SOLE 167,156 0 86,930
ANTHEM INC COM 036752103 2,744 12,194 SH   SOLE 8,184 0 4,010
APPLE INC COM 037833100 8,011 47,336 SH   SOLE 16,519 0 30,817
ARES CAP CORP COM 04010l103 1,454 92,475 SH   SOLE 92,475 0 0
ARES COML REAL ESTATE CORP COM 04013v108 3,067 237,755 SH   SOLE 237,755 0 0
ARRIS INTL INC SHS g0551a103 584 22,735 SH   SOLE 22,735 0 0
AT&T INC COM 00206r102 7,399 190,316 SH   SOLE 87,901 0 102,415
ATLAS FINANCIAL HOLDINGS INC SHS NEW G06207115 1,447 70,420 SH   SOLE 70,420 0 0
AUTOMATIC DATA PROCESSING IN COM 053015103 3,410 29,100 SH   SOLE 3,200 0 25,900
AVNET INC COM 053807103 3,962 100,000 SH   SOLE 100,000 0 0
B RILEY FINL INC COM 05580M108 352 19,450 SH   SOLE 19,450 0 0
BANK AMER CORP COM 060505104 9,332 316,125 SH   SOLE 316,125 0 0
BB&T CORP COM 054937107 325 13,000 SH   SOLE 13,000 0 0
BECTON DICKINSON & CO COM 075887109 7,545 35,247 SH   SOLE 14,470 0 20,777
BGC PARTNERS INC CL A 05541t101 1,267 83,880 SH   SOLE 83,880 0 0
BLACKROCK INC COM 09247x101 7,368 14,342 SH   SOLE 6,511 0 7,831
BP PLC SPONSORED ADR 055622104 1,039 24,715 SH   SOLE 24,715 0 0
BROWN & BROWN INC COM 115236101 2,775 53,935 SH   SOLE 53,935 0 0
C H ROBINSON WORLDWIDE INC COM NEW 12541w209 2,955 33,172 SH   SOLE 21,867 0 11,305
CAI INTERNATIONAL INC COM 12477x106 2,058 72,680 SH   SOLE 72,680 0 0
CALLON PETE CO DEL COM 13123X102 1,488 122,485 SH   SOLE 71,535 0 50,950
CASELLA WASTE SYS INC CL A 147448104 1,878 81,565 SH   SOLE 81,565 0 0
CATHAY GEN BANCORP COM 149150104 777 18,435 SH   SOLE 18,435 0 0
CF INDS HLDGS INC COM 125269100 6,260 147,160 SH   SOLE 51,995 0 95,165
CHARLES & COLVARD LTD COM 159765106 21 15,400 SH   SOLE 15,400 0 0
CHEVRON CORP NEW COM 166764100 6,180 49,368 SH   SOLE 21,557 0 27,811
CHICAGO BRIDGE & IRON CO N V COM 167250109 3,874 240,000 SH   SOLE 240,000 0 0
CHIMERA INVT CORP COM NEW 16934q208 1,419 76,800 SH   SOLE 76,800 0 0
CHINA GREEN AGRICULTURE INC COM 16943w105 74 60,000 SH   SOLE 60,000 0 0
CHUBB LIMITED COM H1467J104 2,706 18,516 SH   SOLE 12,621 0 5,895
CISCO SYS INC COM 17275r102 7,318 191,073 SH   SOLE 82,808 0 108,265
CITIGROUP INC COM NEW 172967424 6,697 90,000 SH   SOLE 90,000 0 0
CITRIX SYS INC COM 177376100 1,607 18,263 SH   SOLE 12,425 0 5,838
CME GROUP INC COM CL A 12572q105 3,908 26,756 SH   SOLE 17,106 0 9,650
COCA COLA CO COM 191216100 3,708 80,824 SH   SOLE 34,788 0 46,036
COLONY NORTHSTAR INC CL A COM 19625w104 1,265 110,872 SH   SOLE 110,872 0 0
COMCAST CORP NEW CL A 20030n101 6,151 153,583 SH   SOLE 35,508 0 118,075
CONNECTONE BANCORP INC NEW COM 20786w107 242 9,415 SH   SOLE 9,415 0 0
COOPER TIRE & RUBR CO COM 216831107 597 16,895 SH   SOLE 16,895 0 0
CORNING INC COM 219350105 212 6,615 SH   SOLE 6,615 0 0
COVANTA HLDG CORP COM 22282e102 3,441 203,630 SH   SOLE 203,630 0 0
CRACKER BARREL OLD CTRY STOR COM 22410j106 1,345 8,468 SH   SOLE 8,468 0 0
CUSTOMERS BANCORP INC COM 23204G100 375 14,415 SH   SOLE 14,415 0 0
CVS HEALTH CORP COM 126650100 6,257 86,309 SH   SOLE 42,739 0 43,570
DISNEY WALT CO COM DISNEY 254687106 4,624 43,013 SH   SOLE 18,533 0 24,480
DIXIE GROUP INC CL A 255519100 370 96,050 SH   SOLE 96,050 0 0
DOWDUPONT INC COM 26078j100 6,078 85,347 SH   SOLE 30,032 0 55,315
DUKE ENERGY CORP NEW COM NEW 26441C204 2,672 31,765 SH   SOLE 23,685 0 8,080
EMERSON ELEC CO COM 291011104 1,096 15,720 SH   SOLE 15,720 0 0
EXPRESS SCRIPTS HLDG CO COM 30219g108 5,311 71,161 SH   SOLE 50,376 0 20,785
EXXON MOBIL CORP COM 30231g102 8,241 98,524 SH   SOLE 48,793 0 49,731
FEDEX CORP COM 31428x106 274 1,100 SH   SOLE 1,100 0 0
FERRO CORP COM 315405100 4,632 196,370 SH   SOLE 196,370 0 0
FIDUS INVT CORP COM 316500107 1,613 106,265 SH   SOLE 106,265 0 0
FIFTH THIRD BANCORP COM 316773100 3,641 120,000 SH   SOLE 120,000 0 0
FIRST BUS FINL SVCS INC WIS COM 319390100 731 33,030 SH   SOLE 33,030 0 0
FIRST INTERNET BANCORP COM 320557101 602 15,790 SH   SOLE 15,790 0 0
FOOT LOCKER INC COM 344849104 644 13,740 SH   SOLE 13,740 0 0
GAIN CAP HLDGS INC COM 36268w100 282 28,240 SH   SOLE 28,240 0 0
GAMESTOP CORP NEW CL A 36467w109 1,940 108,080 SH   SOLE 87,625 0 20,455
GENERAL ELECTRIC CO COM 369604103 2,306 132,177 SH   SOLE 7,609 0 124,568
GENTEX CORP COM 371901109 2,816 134,411 SH   SOLE 95,611 0 38,800
GENUINE PARTS CO COM 372460105 1,041 10,952 SH   SOLE 10,952 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733w105 894 25,200 SH   SOLE 25,200 0 0
GLOBAL BRASS & COPPR HLDGS I COM 37953g103 664 20,065 SH   SOLE 20,065 0 0
GOOD TIMES RESTAURANTS INC COM PAR $.001NEW 382140879 47 17,600 SH   SOLE 17,600 0 0
GREEN BANCORP INC COM 39260x100 291 14,350 SH   SOLE 14,350 0 0
HALLIBURTON CO COM 406216101 758 15,507 SH   SOLE 14,677 0 830
HANESBRANDS INC COM 410345102 2,211 105,715 SH   SOLE 61,780 0 43,935
HANOVER INS GROUP INC COM 410867105 242 2,240 SH   SOLE 2,240 0 0
HEARTLAND FINL USA INC COM 42234q102 615 11,455 SH   SOLE 11,455 0 0
HERCULES CAPITAL INC COM 427096508 687 52,400 SH   SOLE 52,400 0 0
HIBBETT SPORTS INC COM 428567101 306 15,010 SH   SOLE 15,010 0 0
HOLLYFRONTIER CORP COM 436106108 2,442 47,673 SH   SOLE 34,278 0 13,395
HOME DEPOT INC COM 437076102 6,153 32,467 SH   SOLE 14,981 0 17,486
IBERIABANK CORP COM 450828108 725 9,355 SH   SOLE 9,355 0 0
INNERWORKINGS INC COM 45773y105 517 51,565 SH   SOLE 51,565 0 0
INTEGER HLDGS CORP COM 45826H109 906 20,000 SH   SOLE 20,000 0 0
INTEL CORP COM 458140100 8,855 191,826 SH   SOLE 82,316 0 109,510
INTERNATIONAL BUSINESS MACHS COM 459200101 3,809 24,825 SH   SOLE 7,575 0 17,250
IXYS CORP COM 46600w106 319 13,300 SH   SOLE 13,300 0 0
JABIL INC COM 466313103 5,305 202,105 SH   SOLE 202,105 0 0
JOHNSON & JOHNSON COM 478160104 11,152 79,817 SH   SOLE 45,392 0 34,425
JPMORGAN CHASE & CO COM 46625h100 11,919 111,452 SH   SOLE 92,548 0 18,904
KAPSTONE PAPER & PACKAGING C COM 48562p103 316 13,945 SH   SOLE 13,945 0 0
KFORCE INC COM 493732101 1,158 45,880 SH   SOLE 45,880 0 0
KIMBERLY CLARK CORP COM 494368103 954 7,907 SH   SOLE 7,907 0 0
LA Z BOY INC COM 505336107 614 19,675 SH   SOLE 19,675 0 0
LADDER CAP CORP CL A 505743104 2,303 168,990 SH   SOLE 168,990 0 0
LANDEC CORP COM 514766104 548 43,510 SH   SOLE 43,510 0 0
LINCOLN NATL CORP IND COM 534187109 9,224 120,000 SH   SOLE 120,000 0 0
LOCKHEED MARTIN CORP COM 539830109 2,394 7,457 SH   SOLE 5,202 0 2,255
M & T BK CORP COM 55261f104 2,266 13,250 SH   SOLE 0 0 13,250
MARCHEX INC CL B 56624r108 177 54,670 SH   SOLE 54,670 0 0
MCDONALDS CORP COM 580135101 1,349 7,835 SH   SOLE 7,835 0 0
MERCK & CO INC COM 58933y105 991 17,607 SH   SOLE 17,607 0 0
META FINL GROUP INC COM 59100U108 439 4,740 SH   SOLE 4,740 0 0
METHODE ELECTRS INC COM 591520200 412 10,270 SH   SOLE 10,270 0 0
MICROSOFT CORP COM 594918104 10,940 127,894 SH   SOLE 51,199 0 76,695
MODINE MFG CO COM 607828100 263 13,040 SH   SOLE 13,040 0 0
MRC GLOBAL INC COM 55345k103 814 48,125 SH   SOLE 48,125 0 0
NATIONAL OILWELL VARCO INC COM 637071101 1,213 33,682 SH   SOLE 19,377 0 14,305
NCR CORP NEW COM 62886E108 2,039 60,000 SH   SOLE 60,000 0 0
NORFOLK SOUTHERN CORP COM 655844108 6,361 43,900 SH   SOLE 0 0 43,900
NOVARTIS A G SPONSORED ADR 66987v109 5,803 69,117 SH   SOLE 30,232 0 38,885
NUCOR CORP COM 670346105 379 5,955 SH   SOLE 5,955 0 0
OFFICE DEPOT INC COM 676220106 716 202,310 SH   SOLE 202,310 0 0
OFS CAP CORP COM 67103b100 1,095 92,050 SH   SOLE 92,050 0 0
OLD NATL BANCORP IND COM 680033107 275 15,785 SH   SOLE 15,785 0 0
ON SEMICONDUCTOR CORP COM 682189105 7,053 336,800 SH   SOLE 336,800 0 0
ORACLE CORP COM 68389x105 1,210 25,599 SH   SOLE 23,869 0 1,730
OWENS ILL INC COM NEW 690768403 5,321 240,000 SH   SOLE 240,000 0 0
PACIFIC PREMIER BANCORP COM 69478x105 233 5,825 SH   SOLE 5,825 0 0
PARK OHIO HLDGS CORP COM 700666100 3,906 85,000 SH   SOLE 85,000 0 0
PAYCHEX INC COM 704326107 518 7,607 SH   SOLE 7,607 0 0
PEOPLES BANCORP INC COM 709789101 599 18,370 SH   SOLE 18,370 0 0
PEPSICO INC COM 713448108 4,133 34,466 SH   SOLE 26,281 0 8,185
PFIZER INC COM 717081103 8,496 234,567 SH   SOLE 106,480 0 128,087
PHILIP MORRIS INTL INC COM 718172109 1,487 14,074 SH   SOLE 13,674 0 400
PITNEY BOWES INC COM 724479100 1,066 95,310 SH   SOLE 95,310 0 0
PNC FINL SVCS GROUP INC COM 693475105 2,518 17,454 SH   SOLE 12,019 0 5,435
PPL CORP COM 69351t106 3,098 100,082 SH   SOLE 76,357 0 23,725
PRAXAIR INC COM 74005p104 1,057 6,836 SH   SOLE 6,746 0 90
PROCTER AND GAMBLE CO COM 742718109 6,011 65,418 SH   SOLE 18,158 0 47,260
RAYMOND JAMES FINANCIAL INC COM 754730109 3,444 38,564 SH   SOLE 30,739 0 7,825
REGENCY CTRS CORP COM 758849103 2,331 33,693 SH   SOLE 23,113 0 10,580
REPUBLIC SVCS INC COM 760759100 1,120 16,562 SH   SOLE 16,027 0 535
RPM INTL INC COM 749685103 1,727 32,939 SH   SOLE 32,939 0 0
SCHLUMBERGER LTD COM 806857108 241 3,580 SH   SOLE 3,580 0 0
SEQUENTIAL BRNDS GROUP INC N COM 81734P107 54 30,400 SH   SOLE 30,400 0 0
SERITAGE GROWTH PPTYS CL A 81752R100 405 10,000 SH   SOLE 10,000 0 0
SERVICE CORP INTL COM 817565104 342 9,159 SH   SOLE 9,159 0 0
SHUTTERFLY INC COM 82568p304 204 4,100 SH   SOLE 4,100 0 0
SNAP ON INC COM 833034101 3,094 17,752 SH   SOLE 12,682 0 5,070
SONOCO PRODS CO COM 835495102 971 18,275 SH   SOLE 18,275 0 0
SOUTHERN CO COM 842587107 5,536 115,117 SH   SOLE 44,612 0 70,505
STERICYCLE INC COM 858912108 2,781 40,897 SH   SOLE 27,892 0 13,005
STIFEL FINL CORP COM 860630102 5,654 94,925 SH   SOLE 94,925 0 0
SUNTRUST BKS INC COM 867914103 2,003 31,010 SH   SOLE 1,010 0 30,000
SYNAPTICS INC COM 87157d109 284 7,115 SH   SOLE 7,115 0 0
TARGET CORP COM 87612e106 4,481 68,668 SH   SOLE 48,088 0 20,580
TCP CAP CORP COM 87238q103 915 59,900 SH   SOLE 59,900 0 0
TENNECO INC COM 880349105 5,854 100,000 SH   SOLE 100,000 0 0
THL CR INC COM 872438106 3,047 336,642 SH   SOLE 336,642 0 0
TOWER INTL INC COM 891826109 4,422 144,740 SH   SOLE 144,740 0 0
TOWNSQUARE MEDIA INC CL A 892231101 448 58,395 SH   SOLE 58,395 0 0
TRIANGLE CAP CORP COM 895848109 285 30,000 SH   SOLE 30,000 0 0
TRICO BANCSHARES COM 896095106 260 6,875 SH   SOLE 6,875 0 0
TRIPLEPOINT VENTURE GROWTH B COM 89677y100 665 52,400 SH   SOLE 52,400 0 0
UMH PPTYS INC COM 903002103 341 22,904 SH   SOLE 22,904 0 0
UNIFI INC COM NEW 904677200 371 10,330 SH   SOLE 10,330 0 0
UNITED INS HLDGS CORP COM 910710102 340 19,710 SH   SOLE 19,710 0 0
UNITED PARCEL SERVICE INC CL B 911312106 587 4,930 SH   SOLE 4,930 0 0
UNITED TECHNOLOGIES CORP COM 913017109 212 1,659 SH   SOLE 1,659 0 0
US BANCORP DEL COM NEW 902973304 6,174 115,225 SH   SOLE 42,580 0 72,645
V F CORP COM 918204108 698 9,427 SH   SOLE 8,631 0 796
VANGUARD INTL EQUITY INDEX F FTSE EMR MKT ETF 922042858 416 9,055 SH   SOLE 8,415 0 640
VERIFONE SYS INC COM 92342y109 1,945 109,815 SH   SOLE 109,815 0 0
WAL-MART STORES INC COM 931142103 9,578 96,989 SH   SOLE 48,584 0 48,405
WASTE MGMT INC DEL COM 94106l109 1,033 11,965 SH   SOLE 11,965 0 0
WELLS FARGO CO NEW COM 949746101 5,967 98,356 SH   SOLE 76,356 0 22,000
WELLTOWER INC COM 95040q104 2,631 41,251 SH   SOLE 28,756 0 12,495
WESTERN DIGITAL CORP COM 958102105 4,469 56,187 SH   SOLE 27,622 0 28,565
WESTROCK CO COM 96145d105 8,860 140,160 SH   SOLE 140,160 0 0
WHITEHORSE FIN INC COM 96524v106 228 17,025 SH   SOLE 17,025 0 0
WILLIS TOWERS WATSON PUB LTD SHS g96629103 751 4,985 SH   SOLE 4,985 0 0
WINTRUST FINL CORP COM 97650w108 478 5,800 SH   SOLE 5,800 0 0
XERIUM TECHNOLOGIES INC COM NEW 98416j118 637 149,450 SH   SOLE 149,450 0 0
YUM BRANDS INC COM 988498101 277 3,394 SH   SOLE 3,394 0 0