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
AGCO CORP COM 001084102 6,652 85,759 SH   SOLE 0 85,759 0 0
ALASKA AIR GROUP INC COM 011659109 20,464 320,203 SH   SOLE 0 320,203 0 0
ALLEGION PUB LTD CO ORD SHS G0176J109 1,352 12,230 SH   SOLE 0 12,230 0 0
BORGWARNER INC COM 099724106 9,908 236,013 SH   SOLE 0 236,013 0 0
CELANESE CORP COM 150870103 6,214 57,642 SH   SOLE 0 57,642 0 0
DANA INCORPORATED COM 235825205 5,645 283,116 SH   SOLE 0 283,116 0 0
DELTA AIR LINES INC DEL COM NEW 247361702 18,708 329,664 SH   SOLE 0 329,664 0 0
EASTMAN CHEMICAL CO COM 277432100 1,872 24,047 SH   SOLE 0 24,047 0 0
EMERSON ELEC CO COM 291011104 7,702 115,438 SH   SOLE 0 115,438 0 0
FLOWSERVE CORP COM 34354P105 5,909 112,138 SH   SOLE 0 112,138 0 0
F M C CORP COM NEW 302491303 11,918 143,676 SH   SOLE 0 143,676 0 0
FORD MTR CO DEL COM 345370860 7,539 736,974 SH   SOLE 0 736,974 0 0
FULLER H B CO COM 359694106 2,322 50,033 SH   SOLE 0 50,033 0 0
GENERAL MTRS CO COM 37045V100 13,983 362,904 SH   SOLE 0 362,904 0 0
GRACE W R & CO DEL NEW COM 38388F108 5,707 74,986 SH   SOLE 0 74,986 0 0
HAWAIIAN HOLDINGS INC COM 419879101 1,182 43,080 SH   SOLE 0 43,080 0 0
INGERSOLL-RAND PLC SHS G47791101 15,935 125,798 SH   SOLE 0 125,798 0 0
ITT INC COM 45073V108 2,666 40,710 SH   SOLE 0 40,710 0 0
JETBLUE AWYS CORP COM 477143101 6,923 374,444 SH   SOLE 0 374,444 0 0
KIMBERLY CLARK CORP COM 494368103 35,056 263,026 SH   SOLE 0 263,026 0 0
LENNAR CORP CL A 526057104 928 19,156 SH   SOLE 0 19,156 0 0
PPG INDS INC COM 693506107 1,044 8,942 SH   SOLE 0 8,942 0 0
SELECT SECTOR SPDR TR SBI MATERIALS 81369Y100 3,934 67,242 SH   SOLE 0 67,242 0 0
SPIRIT AIRLS INC COM 848577102 7,628 159,822 SH   SOLE 0 159,822 0 0
UNITED RENTALS INC COM 911363109 11,796 88,941 SH   SOLE 0 88,941 0 0
VISTEON CORP COM NEW 92839U206 6,969 118,958 SH   SOLE 0 118,958 0 0
VULCAN MATLS CO COM 929160109 10,243 74,600 SH   SOLE 0 74,600 0 0