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
AMC NETWORKS INC CL A 00164V103 387 8,314 SH   SOLE   8,314 0 0
AMERICAN EXPRESS CO COM 025816109 3,813 22,759 SH   SOLE   16,956 0 5,803
AUTOZONE INC COM 053332102 4,401 2,592 SH   SOLE   1,937 0 655
BIG LOTS INC COM 089302103 2,578 59,452 SH   SOLE   46,730 0 12,722
CARDINAL HEALTH INC COM 14149Y108 3,137 63,421 SH   SOLE   47,263 0 16,158
CDK GLOBAL INC COM 12508E101 5,149 121,014 SH   SOLE   94,072 0 26,942
CHANGE HEALTHCARE INC COM 15912K100 3,179 151,830 SH   SOLE   119,084 0 32,746
CHICOS FAS INC COM 168615102 296 66,030 SH   SOLE   66,030 0 0
CISCO SYS INC COM 17275R102 2,248 41,294 SH   SOLE   30,759 0 10,535
CIT GROUP INC COM NEW 125581801 4,448 85,615 SH   SOLE   64,649 0 20,966
COMMUNITY TR BANCORP INC COM 204149108 4,149 98,553 SH   SOLE   77,720 0 20,833
COMPASS MINERALS INTL INC COM 20451N101 2,838 44,065 SH   SOLE   34,958 0 9,107
CVB FINL CORP COM 126600105 3,747 183,944 SH   SOLE   144,580 0 39,364
DXC TECHNOLOGY CO COM 23355L106 3,930 116,917 SH   SOLE   91,173 0 25,744
EBAY INC COM 278642103 2,690 38,609 SH   SOLE   28,739 0 9,870
EVERTEC INC COM 30040P103 4,936 107,968 SH   SOLE   84,365 0 23,603
FIRST HAWAIIAN INC COM 32051X108 5,234 178,330 SH   SOLE   138,761 0 39,569
FORWARD AIR CORP COM 349853101 457 5,509 SH   SOLE   5,509 0 0
FRESH DEL MONTE PRODUCE INC ORD G36738105 433 13,441 SH   SOLE   13,441 0 0
GENERAL MLS INC COM 370334104 3,794 63,424 SH   SOLE   47,714 0 15,710
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 3,572 93,485 SH   SOLE   70,365 0 23,120
HANCOCK WHITNEY CORPORATION COM 410120109 417 8,845 SH   SOLE   8,845 0 0
HNI CORP COM 404251100 2,216 60,354 SH   SOLE   48,378 0 11,976
JOHNSON & JOHNSON COM 478160104 2,008 12,434 SH   SOLE   9,350 0 3,084
KLX ENERGY SERVICS HOLDNGS I COM NEW 48253L205 936 196,599 SH   SOLE   159,710 0 36,889
KRAFT HEINZ CO COM 500754106 3,492 94,844 SH   SOLE   71,382 0 23,462
MILLICOM INTL CELLULAR S A COM STK L6388F110 431 11,935 SH   SOLE   11,935 0 0
NCR CORP NEW COM 62886E108 5,403 139,404 SH   SOLE   109,046 0 30,358
NEXTGEN HEALTHCARE INC COM 65343C102 510 36,164 SH   SOLE   36,164 0 0
PERDOCEO ED CORP COM 71363P106 2,610 247,141 SH   SOLE   196,116 0 51,025
PITNEY BOWES INC COM 724479100 3,486 483,541 SH   SOLE   380,860 0 102,681
QURATE RETAIL INC COM SER A 74915M100 3,872 379,955 SH   SOLE   297,784 0 82,171
RAYTHEON TECHNOLOGIES CORP COM 75513E101 3,369 39,195 SH   SOLE   29,167 0 10,028
SCHLUMBERGER LTD COM STK 806857108 3,250 109,644 SH   SOLE   81,819 0 27,825
SEALED AIR CORP NEW COM 81211K100 2,769 50,530 SH   SOLE   40,063 0 10,467
STERICYCLE INC COM 858912108 3,758 55,288 SH   SOLE   42,921 0 12,367
STEWART INFORMATION SVCS COR COM 860372101 530 8,386 SH   SOLE   8,386 0 0
THERMON GROUP HLDGS INC COM 88362T103 413 23,885 SH   SOLE   23,885 0 0
URBAN OUTFITTERS INC COM 917047102 298 10,024 SH   SOLE   10,024 0 0
WESBANCO INC COM 950810101 449 13,174 SH   SOLE   13,174 0 0
WESTAMERICA BANCORPORATION COM 957090103 3,490 62,025 SH   SOLE   48,870 0 13,155