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
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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
AbbVie Inc COM 00287y109 458 8,020 SH   SOLE   8,020 0 0
Agilent Technologies Inc COM 00846u101 398 9,980 SH   SOLE   9,980 0 0
Ally Financial COM 02005N100 894 47,750 SH   SOLE   24,560 0 23,190
Alphabet Inc A CL A 02079k305 644 844 SH   SOLE   844 0 0
Alphabet Inc C CL C 02079k107 2,031 2,727 SH   SOLE   1,925 0 802
American Airlines Group Inc COM 02376r102 523 12,760 SH   SOLE   7,340 0 5,420
American Capital Agency Corp COM 02503x105 1,052 56,460 SH   SOLE   37,860 0 18,600
American Express Co COM 025816109 1,354 22,050 SH   SOLE   14,900 0 7,150
American International Group I COM 026874784 1,847 34,170 SH   SOLE   23,340 0 10,830
Anheuser Busch InBev SPONSORED ADR 03524a108 271 2,170 SH   SOLE   2,170 0 0
Apache Corp COM 037411105 802 16,440 SH   SOLE   10,080 0 6,360
Apple Inc COM 037833100 2,235 20,503 SH   SOLE   16,603 0 3,900
Applied Materials Inc COM 038222105 1,461 68,990 SH   SOLE   38,070 0 30,920
AstraZeneca PLC SPONSORED ADR 046353108 234 8,300 SH   SOLE   8,300 0 0
BNP Paribas ADR 05565a202 221 8,780 SH   SOLE   8,780 0 0
Baidu Inc SPONSORED ADR 056752108 225 1,180 SH   SOLE   1,180 0 0
Baker Hughes International COM 057224107 1,173 26,770 SH   SOLE   17,630 0 9,140
Bank of America Corp COM 060505104 1,776 131,355 SH   SOLE   88,335 0 43,020
Bayerische Motoren Werke ADR 072743206 240 7,820 SH   SOLE   7,820 0 0
Biogen Inc COM 09062x103 1,453 5,580 SH   SOLE   3,920 0 1,660
BlackRock Inc COM 09247x101 1,713 5,030 SH   SOLE   3,670 0 1,360
BorgWarner Inc COM 099724106 1,357 35,330 SH   SOLE   24,540 0 10,790
Boston Scientific Corp COM 101137107 1,575 83,730 SH   SOLE   58,930 0 24,800
Bristol-Myers Squibb COM 110122108 843 13,193 SH   SOLE   13,193 0 0
Brunswick Corp COM 117043109 375 7,820 SH   SOLE   7,820 0 0
CVS Health Corp COM 126650100 1,869 18,020 SH   SOLE   11,370 0 6,650
Carnival Corp Com COM 143658300 442 8,370 SH   SOLE   8,370 0 0
Cemex SAB de CV ADR SPONSORED ADR 151290889 282 38,750 SH   SOLE   38,750 0 0
Cigna Corp COM 125509109 1,265 9,220 SH   SOLE   6,310 0 2,910
Cisco Systems Inc COM 17275r102 2,039 71,620 SH   SOLE   47,120 0 24,500
Citigroup Inc COM 172967424 1,688 40,423 SH   SOLE   27,223 0 13,200
Cummins Inc. COM 231021106 1,105 10,050 SH   SOLE   5,550 0 4,500
Daiwa Securities Group Inc ADR 234064301 78 12,680 SH   SOLE   12,680 0 0
Dominion Resources Inc COM 25746U109 1,686 22,440 SH   SOLE   14,990 0 7,450
EMC Corp COM 268648102 440 16,518 SH   SOLE   16,518 0 0
Ericsson L M ADR 294821608 101 10,050 SH   SOLE   10,050 0 0
Express Scripts Holding Compan COM 30219g108 280 4,080 SH   SOLE   4,080 0 0
FMC Corp COM 302491303 227 5,620 SH   SOLE   5,620 0 0
Facebook Inc CL A 30303m102 270 2,370 SH   SOLE   2,370 0 0
Fedex Corp COM 31428x106 1,710 10,510 SH   SOLE   7,010 0 3,500
General Motors Corp COM 37045v100 1,393 44,310 SH   SOLE   28,430 0 15,880
Glencore PLC ADR 37827x100 118 26,390 SH   SOLE   26,390 0 0
Goldman Sachs Group Inc COM 38141g104 1,402 8,930 SH   SOLE   6,010 0 2,920
HP Inc COM 40434l105 771 62,597 SH   SOLE   40,597 0 22,000
Hewlett Packard Enterprise Com COM 42824c109 1,961 110,587 SH   SOLE   76,847 0 33,740
ICICI Bank Ltd ADS ADR 45104g104 122 17,070 SH   SOLE   17,070 0 0
J P Morgan Chase & Co COM 46625h100 2,447 41,321 SH   SOLE   27,391 0 13,930
Jacobs Engineering Group Inc COM 469814107 1,405 32,270 SH   SOLE   22,070 0 10,200
Las Vegas Sands Corp COM 517834107 1,506 29,150 SH   SOLE   20,750 0 8,400
Level 3 Communications Inc COM 52729n308 1,099 20,790 SH   SOLE   11,710 0 9,080
Liberty Global plc SHS CL A G5480U104 243 6,310 SH   SOLE   6,310 0 0
Lloyds Banking Group PLC SPONSORED ADR 539439109 196 49,500 SH   SOLE   49,500 0 0
Mastercard Inc CL A 57636q104 266 2,820 SH   SOLE   2,820 0 0
McGraw Hill Financial Inc COM 580645109 955 9,650 SH   SOLE   5,350 0 4,300
Merck & Co Inc COM 58933Y105 1,622 30,660 SH   SOLE   17,260 0 13,400
Micron Technology Inc COM 595112103 517 49,340 SH   SOLE   29,370 0 19,970
Microsoft Corp COM 594918104 2,394 43,341 SH   SOLE   29,221 0 14,120
Monsanto Co COM 61166w101 1,573 17,930 SH   SOLE   12,940 0 4,990
National Oilwell Varco Inc COM 637071101 345 11,100 SH   SOLE   11,100 0 0
Novartis AG SPONSORED ADR 66987v109 475 6,560 SH   SOLE   6,560 0 0
Parker Hannifin Corp COM 701094104 902 8,120 SH   SOLE   4,180 0 3,940
Pepsico Inc Com COM 713448108 569 5,550 SH   SOLE   5,550 0 0
Polaris Industries Inc COM 731068102 1,008 10,240 SH   SOLE   7,090 0 3,150
Schlumberger Ltd COM 806857108 889 12,050 SH   SOLE   7,050 0 5,000
Sempra Energy COM 816851109 1,306 12,550 SH   SOLE   8,350 0 4,200
Southwest Airlns Co COM 844741108 362 8,070 SH   SOLE   8,070 0 0
Sumitomo Mitsui Financial Grp SPONSORED ADR 86562m209 175 29,050 SH   SOLE   29,050 0 0
Tenet Healthcare Corp COM 88033g407 940 32,480 SH   SOLE   17,990 0 14,490
Tribune Media Company CL A 896047503 1,375 35,850 SH   SOLE   26,130 0 9,720
UBS Ag SHS H42097107 229 14,320 SH   SOLE   14,320 0 0
USG Corp COM 903293405 978 39,420 SH   SOLE   27,210 0 12,210
Yahoo Inc COM 984332106 490 13,320 SH   SOLE   13,320 0 0
iShares Russell 1000 Value Ind RUS 1000 VAL ETF 464287598 440 4,450 SH   SOLE   4,450 0 0