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 FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
ABBVIE INC COM 00287Y109   6,251,926 39,229 SH   SOLE   39,229 0 0
ALASKA AIR GROUP INC COM 011659109   2,007,786 47,850 SH   SOLE   47,850 0 0
ALBERTSONS COS INC COMMON STOCK 013091103   353,260 17,000 SH   SOLE   17,000 0 0
ALLY FINL INC COM 02005N100   1,278,961 50,175 SH   SOLE   50,175 0 0
ALPHABET INC CAP STK CL A 02079K305   236,504 2,280 SH   SOLE   2,280 0 0
ALPHABET INC CAP STK CL C 02079K107   214,240 2,060 SH   SOLE   2,060 0 0
AMCOR PLC ORD G0250X107   449,510 39,500 SH   SOLE   39,500 0 0
AMERICAN AIRLS GROUP INC COM 02376R102   881,313 59,750 SH   SOLE   59,750 0 0
ANTERO MIDSTREAM CORP COM 03676B102   975,570 93,000 SH   SOLE   93,000 0 0
APA CORPORATION COM 03743Q108   2,190,645 60,750 SH   SOLE   60,750 0 0
APPLE INC COM 037833100   769,259 4,665 SH   SOLE   4,665 0 0
ATKORE INC COM 047649108   207,910 1,480 SH   SOLE   1,480 0 0
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208   725,760 26,880 SH   SOLE   26,880 0 0
BERKSHIRE HATHAWAY INC DEL CL A 084670108   465,600 1 SH   SOLE   1 0 0
BUILDERS FIRSTSOURCE INC COM 12008R107   671,177 7,560 SH   SOLE   7,560 0 0
CALUMET SPECIALTY PRODS PART UT LTD PARTNER 131476103   5,008,603 288,182 SH   SOLE   288,182 0 0
CANADIAN NATL RY CO COM 136375102   2,129,830 18,054 SH   SOLE   18,054 0 0
CANADIAN PAC RY LTD COM 13645T100   348,154 4,525 SH   SOLE   4,525 0 0
CHESAPEAKE ENERGY CORP COM 165167735   693,865 9,125 SH   SOLE   9,125 0 0
CLEVELAND-CLIFFS INC NEW COM 185899101   943,079 51,450 SH   SOLE   51,450 0 0
CNH INDL N V SHS N20944109   2,686,757 175,950 SH   SOLE   175,950 0 0
CONOCOPHILLIPS COM 20825C104   2,710,814 27,324 SH   SOLE   27,324 0 0
CROWN HLDGS INC COM 228368106   1,073,162 12,975 SH   SOLE   12,975 0 0
CSX CORP COM 126408103   1,585,323 52,950 SH   SOLE   52,950 0 0
CVS HEALTH CORP COM 126650100   3,818,048 51,380 SH   SOLE   51,380 0 0
DEERE & CO COM 244199105   511,971 1,240 SH   SOLE   1,240 0 0
DELTA AIR LINES INC DEL COM NEW 247361702   244,440 7,000 SH   SOLE   7,000 0 0
DISCOVER FINL SVCS COM 254709108   2,130,990 21,560 SH   SOLE   21,560 0 0
FEDERAL AGRIC MTG CORP CL C 313148306   6,363,818 47,780 SH   SOLE   47,780 0 0
FMC CORP COM NEW 302491303   318,027 2,604 SH   SOLE   2,604 0 0
FREEPORT-MCMORAN INC CL B 35671D857   1,794,722 43,870 SH   SOLE   43,870 0 0
GENERAC HLDGS INC COM 368736104   1,757,863 16,275 SH   SOLE   16,275 0 0
GOLDMAN SACHS ETF TR EQUAL WEIGHT US 381430438   282,799 4,700 SH   SOLE   4,700 0 0
GRAFTECH INTL LTD COM 384313508   231,822 47,700 SH   SOLE   47,700 0 0
GREAT LAKES DREDGE & DOCK CO COM 390607109   357,837 65,900 SH   SOLE   65,900 0 0
HENRY SCHEIN INC COM 806407102   497,394 6,100 SH   SOLE   6,100 0 0
HF SINCLAIR CORP COM 403949100   643,454 13,300 SH   SOLE   13,300 0 0
INSTEEL INDS INC COM 45774W108   1,268,592 45,600 SH   SOLE   45,600 0 0
ISHARES TR RUS 1000 GRW ETF 464287614   446,635 1,828 SH   SOLE   1,828 0 0
ISHARES TR RUS 1000 VAL ETF 464287598   725,214 4,763 SH   SOLE   4,763 0 0
JOHNSON CTLS INTL PLC SHS G51502105   638,332 10,600 SH   SOLE   10,600 0 0
KINETIK HOLDINGS INC COM NEW CL A 02215L209   4,556,216 145,566 SH   SOLE   145,566 0 0
KLA CORP COM NEW 482480100   325,324 815 SH   SOLE   815 0 0
KROGER CO COM 501044101   2,377,166 48,150 SH   SOLE   48,150 0 0
LABORATORY CORP AMER HLDGS COM NEW 50540R409   1,401,756 6,110 SH   SOLE   6,110 0 0
LCI INDS COM 50189K103   725,142 6,600 SH   SOLE   6,600 0 0
LYONDELLBASELL INDUSTRIES N SHS - A - N53745100   1,748,701 18,625 SH   SOLE   18,625 0 0
MACYS INC COM 55616P104   376,035 21,500 SH   SOLE   21,500 0 0
MATIV HOLDINGS INC COM 808541106   3,157,164 147,050 SH   SOLE   147,050 0 0
MGP INGREDIENTS INC NEW COM 55303J106   1,412,112 14,600 SH   SOLE   14,600 0 0
MICROSOFT CORP COM 594918104   361,817 1,255 SH   SOLE   1,255 0 0
MPLX LP COM UNIT REP LTD 55336V100   1,609,504 46,720 SH   SOLE   46,720 0 0
NATIONAL FUEL GAS CO COM 636180101   2,824,930 48,925 SH   SOLE   48,925 0 0
NATIONAL PRESTO INDS INC COM 637215104   1,968,417 27,305 SH   SOLE   27,305 0 0
NORFOLK SOUTHN CORP COM 655844108   279,350 1,318 SH   SOLE   1,318 0 0
ON SEMICONDUCTOR CORP COM 682189105   918,280 11,155 SH   SOLE   11,155 0 0
ONEMAIN HLDGS INC COM 68268W103   4,385,563 118,273 SH   SOLE   118,273 0 0
ONEOK INC NEW COM 682680103   3,831,462 60,300 SH   SOLE   60,300 0 0
OWL ROCK CAPITAL CORPORATION COM 69121K104   988,624 78,400 SH   SOLE   78,400 0 0
PFIZER INC COM 717081103   4,187,393 102,632 SH   SOLE   102,632 0 0
SCHWAB STRATEGIC TR US DIVIDEND EQ 808524797   835,927 11,426 SH   SOLE   11,426 0 0
SCOTTS MIRACLE-GRO CO CL A 810186106   3,657,863 52,450 SH   SOLE   52,450 0 0
SUNOCO LP/SUNOCO FIN CORP COM UT REP LP 86765K109   2,839,683 64,700 SH   SOLE   64,700 0 0
TARGET CORP COM 87612E106   207,038 1,250 SH   SOLE   1,250 0 0
TEREX CORP NEW COM 880779103   338,660 7,000 SH   SOLE   7,000 0 0
THERMO FISHER SCIENTIFIC INC COM 883556102   6,837,477 11,863 SH   SOLE   11,863 0 0
TRANE TECHNOLOGIES PLC SHS G8994E103   231,815 1,260 SH   SOLE   1,260 0 0
TRITON INTL LTD CL A G9078F107   4,636,428 73,338 SH   SOLE   73,338 0 0
TRONOX HOLDINGS PLC SHS G9087Q102   250,212 17,400 SH   SOLE   17,400 0 0
UNION PAC CORP COM 907818108   2,368,428 11,768 SH   SOLE   11,768 0 0
UNUM GROUP COM 91529Y106   6,642,124 167,900 SH   SOLE   167,900 0 0
VANECK ETF TRUST MRNGSTR WDE MOAT 92189F643   261,364 3,540 SH   SOLE   3,540 0 0
VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844   283,686 1,842 SH   SOLE   1,842 0 0
WABTEC COM 929740108   993,824 9,834 SH   SOLE   9,834 0 0
WALGREENS BOOTS ALLIANCE INC COM 931427108   1,634,458 47,266 SH   SOLE   47,266 0 0
WESTERN MIDSTREAM PARTNERS L COM UNIT LP INT 958669103   377,091 14,300 SH   SOLE   14,300 0 0
WESTROCK CO COM 96145D105   343,549 11,275 SH   SOLE   11,275 0 0
WILLIAMS COS INC COM 969457100   4,324,206 144,816 SH   SOLE   144,816 0 0
WINNEBAGO INDS INC COM 974637100   237,436 4,115 SH   SOLE   4,115 0 0