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
ACTUANT CORP CL A NEW 00508X203 832 31,960 SH   DFND 1,2,3 0 31,960 0
AECOM COM 00766T100 1,335 30,957 SH   DFND 1,2,3 0 30,957 0
AERIE PHARMACEUTICAL COM 00771V108 2,635 109,028 SH   DFND 1,2,3 0 109,028 0
ALPHABET INC CAP STK CL C 02079K107 4,813 3,600 SH   DFND 1,2,3 0 3,600 0
ALPHABET INC CAP STK CL A 02079K305 7,949 5,935 SH   DFND 1,2,3 0 5,935 0
AMAZON COM INC COM 023135106 1,414 765 SH   DFND 1,2,3 0 765 0
AMERICAN EQTY INVT L COM 025676206 687 22,968 SH   DFND 1,2,3 0 22,968 0
AMERICAN INTL GROUP COM NEW 026874784 2,225 43,347 SH   DFND 1,2,3 0 43,347 0
ANALOG DEVICES INC COM 032654105 3,185 26,800 SH   DFND 1,2,3 0 26,800 0
AON PLC SHS CL A G0408V102 2,166 10,400 SH   DFND 1,2,3 0 10,400 0
APPLE INC COM 037833100 2,584 8,800 SH   DFND 1,2,3 0 8,800 0
ARCHER DANIELS MIDLA COM 039483102 2,813 60,688 SH   DFND 1,2,3 0 60,688 0
ARGO GROUP INTL HLDG COM G0464B107 417 6,335 SH   DFND 1,2,3 0 6,335 0
ASSOCIATED BANC CORP COM 045487105 937 42,535 SH   DFND 1,2,3 0 42,535 0
AVIS BUDGET GROUP IN COM 053774105 981 30,424 SH   DFND 1,2,3 0 30,424 0
AVNET INC COM 053807103 2,696 63,523 SH   DFND 1,2,3 0 63,523 0
AXA EQUITABLE HLDGS COM 054561105 1,541 62,188 SH   DFND 1,2,3 0 62,188 0
AXIS CAPITAL HOLDING SHS G0692U109 1,944 32,697 SH   DFND 1,2,3 0 32,697 0
BAKER HUGHES COMPANY CL A 05722G100 1,018 39,703 SH   DFND 1,2,3 0 39,703 0
BANK AMER CORP COM 060505104 10,009 284,191 SH   DFND 1,2,3 0 284,191 0
BARRICK GOLD CORPORA COM 067901108 1,323 71,160 SH   DFND 1,2,3 0 71,160 0
BERKSHIRE HATHAWAY I CL B NEW 084670702 2,169 9,575 SH   DFND 1,2,3 0 9,575 0
BERRY GLOBAL GROUP I COM 08579W103 5,936 125,000 SH   DFND 1,2,3 0 125,000 0
BLACKSTONE GROUP INC COM CL A 09260D107 3,446 61,600 SH   DFND 1,2,3 0 61,600 0
BOEING CO COM 097023105 2,720 8,350 SH   DFND 1,2,3 0 8,350 0
BRISTOL MYERS SQUIBB COM 110122108 7,061 110,000 SH   DFND 1,2,3 0 110,000 0
BROOKDALE SR LIVING COM 112463104 825 113,513 SH   DFND 1,2,3 0 113,513 0
CAPITAL ONE FINL COR COM 14040H105 2,485 24,149 SH   DFND 1,2,3 0 24,149 0
CATERPILLAR INC DEL COM 149123101 1,359 9,205 SH   DFND 1,2,3 0 9,205 0
CELESTICA INC SUB VTG SHS 15101Q108 710 85,843 SH   DFND 1,2,3 0 85,843 0
CENOVUS ENERGY INC COM 15135U109 1,303 128,264 SH   DFND 1,2,3 0 128,264 0
CIGNA CORP NEW COM 125523100 8,180 40,000 SH   DFND 1,2,3 0 40,000 0
CISCO SYS INC COM 17275R102 10,096 210,500 SH   DFND 1,2,3 0 210,500 0
CITIGROUP INC COM NEW 172967424 11,417 142,907 SH   DFND 1,2,3 0 142,907 0
CNO FINL GROUP INC COM 12621E103 776 42,777 SH   DFND 1,2,3 0 42,777 0
COCA COLA CO COM 191216100 1,183 21,375 SH   DFND 1,2,3 0 21,375 0
COGNIZANT TECHNOLOGY CL A 192446102 1,716 27,667 SH   DFND 1,2,3 0 27,667 0
COMCAST CORP NEW CL A 20030N101 8,994 200,000 SH   DFND 1,2,3 0 200,000 0
COOPER STD HLDGS INC COM 21676P103 2,320 69,950 SH   DFND 1,2,3 0 69,950 0
CORNING INC COM 219350105 1,432 49,180 SH   DFND 1,2,3 0 49,180 0
COTT CORP QUE COM 22163N106 847 61,920 SH   DFND 1,2,3 0 61,920 0
COVANTA HLDG CORP COM 22282E102 4,234 285,343 SH   DFND 1,2,3 0 285,343 0
CSX CORP COM 126408103 2,641 36,500 SH   DFND 1,2,3 0 36,500 0
CVR PARTNERS LP COM 126633106 1,558 502,664 SH   DFND 1,2,3 0 502,664 0
D R HORTON INC COM 23331A109 2,996 56,800 SH   DFND 1,2,3 0 56,800 0
DANA INCORPORATED COM 235825205 331 18,166 SH   DFND 1,2,3 0 18,166 0
DELTA AIR LINES INC COM NEW 247361702 4,336 74,140 SH   DFND 1,2,3 0 74,140 0
DIAMONDROCK HOSPITAL COM 252784301 286 25,778 SH   DFND 1,2,3 0 25,778 0
DISH NETWORK CORP CL A 25470M109 1,345 37,925 SH   DFND 1,2,3 0 37,925 0
DISNEY WALT CO COM DISNEY 254687106 5,996 41,457 SH   DFND 1,2,3 0 41,457 0
DUPONT DE NEMOURS IN COM 26614N102 2,970 46,255 SH   DFND 1,2,3 0 46,255 0
EDISON INTL COM 281020107 955 12,665 SH   DFND 1,2,3 0 12,665 0
ENTERPRISE PRODS PAR COM 293792107 7,040 250,000 SH   DFND 1,2,3 0 250,000 0
FIRST MIDWEST BANCOR COM 320867104 694 30,082 SH   DFND 1,2,3 0 30,082 0
FORD MTR CO DEL COM 345370860 1,829 196,696 SH   DFND 1,2,3 0 196,696 0
FREEPORT-MCMORAN INC CL B 35671D857 1,096 83,568 SH   DFND 1,2,3 0 83,568 0
GENERAL MTRS CO COM 37045V100 4,107 112,217 SH   DFND 1,2,3 0 112,217 0
GILDAN ACTIVEWEAR IN COM 375916103 1,183 40,058 SH   DFND 1,2,3 0 40,058 0
GOLDMAN SACHS GROUP COM 38141G104 1,228 5,341 SH   DFND 1,2,3 0 5,341 0
HALLIBURTON CO COM 406216101 2,635 107,698 SH   DFND 1,2,3 0 107,698 0
HCA HEALTHCARE INC COM 40412C101 6,651 45,000 SH   DFND 1,2,3 0 45,000 0
HESS CORP COM 42809H107 3,580 53,584 SH   DFND 1,2,3 0 53,584 0
HEWLETT PACKARD ENTE COM 42824C109 1,346 84,897 SH   DFND 1,2,3 0 84,897 0
HOOKER FURNITURE COR COM 439038100 570 22,196 SH   DFND 1,2,3 0 22,196 0
HOPE BANCORP INC COM 43940T109 813 54,700 SH   DFND 1,2,3 0 54,700 0
HP INC COM 40434L105 492 23,924 SH   DFND 1,2,3 0 23,924 98,169
INSIGHT ENTERPRISES COM 45765U103 278 3,955 SH   DFND 1,2,3 0 3,955 0
ISHARES US ETF TR SHT MAT BD ETF 46431W507 5,025 100,000 SH   DFND 1,2,3 0 100,000 0
JACOBS ENGR GROUP IN COM 469814107 6,737 75,000 SH   DFND 1,2,3 0 75,000 0
JELD-WEN HLDG INC COM 47580P103 2,586 110,468 SH   DFND 1,2,3 0 110,468 0
JPMORGAN CHASE & CO COM 46625H100 16,238 116,485 SH   DFND 1,2,3 0 116,485 0
KINDER MORGAN INC DE COM 49456B101 4,234 200,000 SH   DFND 1,2,3 0 200,000 0
KKR & CO INC CL A 48251W104 872 29,878 SH   DFND 1,2,3 0 29,878 0
KRAFT HEINZ CO COM 500754106 1,068 33,225 SH   DFND 1,2,3 0 33,225 0
L3HARRIS TECHNOLOGIE COM 502431109 2,226 11,250 SH   DFND 1,2,3 0 11,250 0
LEAR CORP COM NEW 521865204 2,641 19,252 SH   DFND 1,2,3 0 19,252 0
LENNAR CORP CL A 526057104 1,936 34,700 SH   DFND 1,2,3 0 34,700 0
LINCOLN NATL CORP IN COM 534187109 572 9,700 SH   DFND 1,2,3 0 9,700 0
LYONDELLBASELL INDUS SHS - A N53745100 8,749 92,600 SH   DFND 1,2,3 0 92,600 0
MARATHON PETE CORP COM 56585A102 7,439 123,468 SH   DFND 1,2,3 0 123,468 0
MASONITE INTL CORP N COM 575385109 1,092 15,126 SH   DFND 1,2,3 0 15,126 0
MCKESSON CORP COM 58155Q103 2,170 15,691 SH   DFND 1,2,3 0 15,691 0
METLIFE INC COM 59156R108 1,827 35,839 SH   DFND 1,2,3 0 35,839 0
MICROSOFT CORP COM 594918104 18,731 118,777 SH   DFND 1,2,3 0 118,777 0
MORGAN STANLEY COM NEW 617446448 1,530 29,921 SH   DFND 1,2,3 0 29,921 0
MOTORCAR PTS AMER IN COM 620071100 548 24,881 SH   DFND 1,2,3 0 24,881 0
MOTOROLA SOLUTIONS I COM NEW 620076307 3,086 19,150 SH   DFND 1,2,3 0 19,150 0
MURPHY OIL CORP COM 626717102 886 33,078 SH   DFND 1,2,3 0 33,078 0
MYLAN N V SHS EURO N59465109 1,027 51,086 SH   DFND 1,2,3 0 51,086 0
NATIONAL OILWELL VAR COM 637071101 2,516 100,425 SH   DFND 1,2,3 0 100,425 0
NEWELL BRANDS INC COM 651229106 1,723 89,635 SH   DFND 1,2,3 0 89,635 0
NEXTIER OILFIELD SOL COM 65290C105 925 138,001 SH   DFND 1,2,3 0 138,001 0
NOVAGOLD RES INC COM NEW 66987E206 1,361 151,920 SH   DFND 1,2,3 0 151,920 0
OCCIDENTAL PETE CORP COM 674599105 5,322 129,149 SH   DFND 1,2,3 0 129,149 0
OLIN CORP COM PAR $1 680665205 421 24,379 SH   DFND 1,2,3 0 24,379 0
OMNICOM GROUP INC COM 681919106 1,701 21,000 SH   DFND 1,2,3 0 21,000 0
ORACLE CORP COM 68389X105 3,372 63,643 SH   DFND 1,2,3 0 63,643 0
PFIZER INC COM 717081103 3,448 88,015 SH   DFND 1,2,3 0 88,015 0
PHILLIPS 66 COM 718546104 746 6,700 SH   DFND 1,2,3 0 6,700 0
PIONEER NAT RES CO COM 723787107 2,800 18,500 SH   DFND 1,2,3 0 18,500 0
PITNEY BOWES INC COM 724479100 970 240,782 SH   DFND 1,2,3 0 240,782 0
PNC FINL SVCS GROUP COM 693475105 6,385 40,000 SH   DFND 1,2,3 0 40,000 0
PROGRESSIVE CORP OHI COM 743315103 3,981 55,000 SH   DFND 1,2,3 0 55,000 0
PVH CORP COM 693656100 1,855 17,638 SH   DFND 1,2,3 0 17,638 0
REALOGY HLDGS CORP COM 75605Y106 195 20,166 SH   DFND 1,2,3 0 20,166 0
REV GROUP INC COM 749527107 720 58,842 SH   DFND 1,2,3 0 58,842 0
ROYAL DUTCH SHELL PL SPONS ADR A 780259206 874 14,813 SH   DFND 1,2,3 0 14,813 0
RYDER SYS INC COM 783549108 2,853 52,534 SH   DFND 1,2,3 0 52,534 0
SCANSOURCE INC COM 806037107 820 22,205 SH   DFND 1,2,3 0 22,205 0
SPECTRUM BRANDS HLDG COM 84790A105 947 14,725 SH   DFND 1,2,3 0 14,725 0
STANLEY BLACK & DECK COM 854502101 1,620 9,773 SH   DFND 1,2,3 0 9,773 0
SYKES ENTERPRISES IN COM 871237103 548 14,816 SH   DFND 1,2,3 0 14,816 0
SYNOVUS FINL CORP COM NEW 87161C501 544 13,866 SH   DFND 1,2,3 0 13,866 0
T MOBILE US INC COM 872590104 1,733 22,100 SH   DFND 1,2,3 0 22,100 0
TCF FINANCIAL CORPOR COM 872307103 590 12,613 SH   DFND 1,2,3 0 12,613 0
TEREX CORP NEW COM 880779103 2,186 73,415 SH   DFND 1,2,3 0 73,415 0
TRAVELERS COMPANIES COM 89417E109 1,904 13,900 SH   DFND 1,2,3 0 13,900 0
TRIMAS CORP COM NEW 896215209 800 25,469 SH   DFND 1,2,3 0 25,469 0
TRIPLE-S MGMT CORP CL B 896749108 627 33,910 SH   DFND 1,2,3 0 33,910 0
UBS GROUP AG SHS H42097107 1,094 86,507 SH   DFND 1,2,3 0 86,507 0
UNION PACIFIC CORP COM 907818108 2,188 12,100 SH   DFND 1,2,3 0 12,100 0
UNITED RENTALS INC COM 911363109 1,084 6,500 SH   DFND 1,2,3 0 6,500 0
UNITED TECHNOLOGIES COM 913017109 2,471 16,500 SH   DFND 1,2,3 0 16,500 0
UNIVERSAL CORP VA COM 913456109 887 15,544 SH   DFND 1,2,3 0 15,544 0
US FOODS HLDG CORP COM 912008109 6,284 150,000 SH   DFND 1,2,3 0 150,000 0
VAREX IMAGING CORP COM 92214X106 799 26,790 SH   DFND 1,2,3 0 26,790 0
VISTRA ENERGY CORP COM 92840M102 2,208 96,050 SH   DFND 1,2,3 0 96,050 0
VORNADO RLTY TR SH BEN INT 929042109 3,022 45,441 SH   DFND 1,2,3 0 45,441 0
VOYA FINL INC COM 929089100 1,239 20,322 SH   DFND 1,2,3 0 20,322 0
WABTEC CORP COM 929740108 1,505 19,345 SH   DFND 1,2,3 0 19,345 0
WEBSTER FINL CORP CO COM 947890109 874 16,387 SH   DFND 1,2,3 0 16,387 0
WELLS FARGO CO NEW COM 949746101 2,046 38,034 SH   DFND 1,2,3 0 38,034 0
WESTERN DIGITAL CORP COM 958102105 6,347 100,000 SH   DFND 1,2,3 0 100,000 0
WILLIAMS COS INC DEL COM 969457100 1,539 64,880 SH   DFND 1,2,3 0 64,880 0
WSFS FINL CORP COM 929328102 532 12,094 SH   DFND 1,2,3 0 12,094 0
XEROX HOLDINGS CORP COM NEW 98421M106 1,581 42,873 SH   DFND 1,2,3 0 42,873 0
XPRESSPA GROUP INC COM NEW 98420U604 64 94,110 SH   DFND 1,2,3 0 94,110 0