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
ADVANCE AUTO PARTS INC COM 00751Y106 27,325 173,533 SH   DFND 1 166,072 0 7,461
ALAMO GROUP INC COM 011311107 23,133 299,182 SH   DFND 1 299,182 0 0
ALBANY INTL CORP CL A 012348108 27,925 447,305 SH   DFND 1 447,305 0 0
ALLERGAN PLC SHS G0177J108 37,634 281,562 SH   DFND 1 268,536 0 13,026
ALPHABET INC CAP STK CL A 02079K305 33,253 31,822 SH   DFND 1 30,213 0 1,609
AMERICAN INTL GROUP INC COM NEW 026874784 25,266 641,116 SH   DFND 1 605,653 0 35,463
AMERIS BANCORP COM 03076K108 48,344 1,526,506 SH   DFND 1 1,526,506 0 0
AON PLC SHS CL A G0408V102 39,067 268,760 SH   DFND 1 257,211 0 11,549
APARTMENT INVT & MGMT CO CL A 03748R101 6,879 156,779 SH   DFND 1 156,779 0 0
APOGEE ENTERPRISES INC COM 037598109 21,489 719,913 SH   DFND 1 719,913 0 0
ARCOSA INC COM 039653100 13,621 491,908 SH   DFND 1 468,316 0 23,592
ARES CAP CORP COM 04010L103 9,280 595,628 SH   DFND 1 595,628 0 0
ASPEN INSURANCE HOLDINGS LTD SHS G05384105 57,683 1,373,726 SH   DFND 1 1,373,726 0 0
ASTRAZENECA PLC SPONSORED ADR 046353108 19,148 504,164 SH   DFND 1 504,164 0 0
ASTRONICS CORP COM 046433108 25,087 823,873 SH   DFND 1 823,873 0 0
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 48,907 947,083 SH   DFND 1,2 945,101 0 1,982
B RILEY FINL INC COM 05580M108 12,033 847,382 SH   DFND 1 847,382 0 0
BANK AMER CORP COM 060505104 39,622 1,608,039 SH   DFND 1 1,531,698 0 76,341
BANK OF NT BUTTERFIELD&SON L SHS NEW G0772R208 58,651 1,870,846 SH   DFND 1 1,870,809 0 37
BANKUNITED INC COM 06652K103 30,529 1,019,684 SH   DFND 1 1,019,684 0 0
BEMIS INC COM 081437105 46,727 1,018,026 SH   DFND 1 1,018,026 0 0
BIO RAD LABS INC CL A 090572207 32,781 141,163 SH   DFND 1 138,075 0 3,088
BMC STK HLDGS INC COM 05591B109 31,035 2,004,821 SH   DFND 1 2,004,821 0 0
BOISE CASCADE CO DEL COM 09739D100 11,051 463,352 SH   DFND 1 463,352 0 0
BORGWARNER INC COM 099724106 22,364 643,754 SH   DFND 1 619,761 0 23,993
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 25,466 1,978,717 SH   DFND 1 1,978,717 0 0
BROADCOM INC COM 11135F101 15,851 62,338 SH   DFND 1 59,431 0 2,907
CANADIAN NAT RES LTD COM 136385101 28,533 1,182,486 SH   DFND 1,2 1,179,898 0 2,588
CARRIZO OIL & GAS INC COM 144577103 41,684 3,692,118 SH   DFND 1 3,692,118 0 0
CBS CORP NEW CL B 124857202 20,858 477,079 SH   DFND 1 454,557 0 22,522
CENTENNIAL RESOURCE DEV INC CL A 15136A102 29,828 2,706,672 SH   DFND 1 2,706,672 0 0
CHENIERE ENERGY INC COM NEW 16411R208 37,965 641,405 SH   DFND 1 614,451 0 26,954
CHEVRON CORP NEW COM 166764100 44,737 411,228 SH   DFND 1 397,572 0 13,656
CHINA PETE & CHEM CORP SPON ADR H SHS 16941R108 5,698 80,704 SH   DFND 1 80,131 0 573
CIT GROUP INC COM NEW 125581801 81,043 2,117,670 SH   DFND 1 2,044,928 0 72,742
CITIGROUP INC COM NEW 172967424 85,857 1,649,202 SH   DFND 1 1,594,174 0 55,028
CITIZENS FINL GROUP INC COM 174610105 317 10,646 SH   DFND 1 10,646 0 0
CNA FINL CORP COM 126117100 12,905 292,302 SH   DFND 1 292,302 0 0
COCA COLA CO COM 191216100 41,493 876,300 SH   DFND 1 825,867 0 50,433
COHERENT INC COM 192479103 38,782 366,874 SH   DFND 1 366,863 0 11
COLONY CAP INC NEW CL A COM 19626G108 29,124 6,223,147 SH   DFND 1 5,953,898 0 269,249
CONCHO RES INC COM 20605P101 14,594 141,974 SH   DFND 1 133,344 0 8,630
CREDIT SUISSE GROUP SPONSORED ADR 225401108 1,601 147,445 SH   DFND 1 147,422 0 23
CYPRESS SEMICONDUCTOR CORP COM 232806109 28,613 2,249,441 SH   DFND 1 2,249,301 0 140
DELTA AIR LINES INC DEL COM NEW 247361702 65,608 1,314,787 SH   DFND 1 1,272,182 0 42,605
DISCOVER FINL SVCS COM 254709108 44,268 750,564 SH   DFND 1 718,390 0 32,174
DOWDUPONT INC COM 26078J100 52,192 975,909 SH   DFND 1 946,921 0 28,988
EATON CORP PLC SHS G29183103 9,127 132,932 SH   DFND 1 132,932 0 0
ENERSYS COM 29275Y102 42,039 541,667 SH   DFND 1 541,667 0 0
ENTEGRIS INC COM 29362U104 31,602 1,132,893 SH   DFND 1 1,132,893 0 0
ENTERPRISE PRODS PARTNERS L COM 293792107 29,394 1,195,373 SH   DFND 1 1,195,373 0 0
EQT MIDSTREAM PARTNERS LP UNIT LTD PARTN 26885B100 326 7,535 SH   DFND 1 7,535 0 0
EQT CORP COM 26884L109 40,414 2,139,445 SH   DFND 1 2,061,344 0 78,101
EQUITRANS MIDSTREAM CORPORAT COM 294600101 51,482 2,571,527 SH   DFND 1 2,487,915 0 83,612
EURONET WORLDWIDE INC COM 298736109 18,406 179,777 SH   DFND 1 179,777 0 0
EVERGY INC COM 30034W106 14,386 253,409 SH   DFND 1 253,409 0 0
EXXON MOBIL CORP COM 30231G102 398 5,835 SH   DFND 1 5,835 0 0
FIRST DATA CORP NEW COM CL A 32008D106 47,674 2,819,298 SH   DFND 1 2,700,981 0 118,317
FIRST HORIZON NATL CORP COM 320517105 53,686 4,079,447 SH   DFND 1 4,002,889 0 76,558
FIRSTENERGY CORP COM 337932107 101,773 2,710,326 SH   DFND 1 2,635,518 0 74,808
FLEX LTD ORD Y2573F102 22,279 2,927,657 SH   DFND 1,2 2,920,140 0 7,517
FOOT LOCKER INC COM 344849104 52,685 990,324 SH   DFND 1 950,608 0 39,716
GENERAL MTRS CO COM 37045V100 57,416 1,716,482 SH   DFND 1 1,641,287 0 75,195
GILEAD SCIENCES INC COM 375558103 43,763 699,641 SH   DFND 1 679,627 0 20,014
GLATFELTER COM 377316104 32,283 3,307,723 SH   DFND 1 3,307,723 0 0
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 28,074 1,882,869 SH   DFND 1 1,832,222 0 50,647
GP STRATEGIES CORP COM 36225V104 14,790 1,172,916 SH   DFND 1 1,172,916 0 0
HAVERTY FURNITURE INC COM 419596101 4,979 265,141 SH   DFND 1 265,141 0 0
HESS CORP COM 42809H107 42,723 1,054,887 SH   DFND 1 1,008,256 0 46,631
HNI CORP COM 404251100 14,992 423,134 SH   DFND 1 423,134 0 0
HOMESTREET INC COM 43785V102 37,471 1,764,997 SH   DFND 1 1,764,997 0 0
HOOKER FURNITURE CORP COM 439038100 38,212 1,450,712 SH   DFND 1 1,450,712 0 0
HSBC HLDGS PLC SPON ADR NEW 404280406 13,529 329,091 SH   DFND 1 326,614 0 2,477
ING GROEP N V SPONSORED ADR 456837103 38,451 3,607,010 SH   DFND 1,2 3,500,092 0 106,918
INGERSOLL-RAND PLC SHS G47791101 39,077 428,340 SH   DFND 1 409,546 0 18,794
INNOSPEC INC COM 45768S105 10,781 174,562 SH   DFND 1 174,562 0 0
INTEGRATED DEVICE TECHNOLOGY COM 458118106 36,896 761,834 SH   DFND 1 761,834 0 0
ISHARES TR BARCLAYS 7 10 YR 464287440 1,438 13,804 SH   DFND 1 12,522 0 1,282
ISHARES TR CORE S&P US VLU 464287663 17,986 366,396 SH   DFND 1 366,396 0 0
ISHARES TR RUS 1000 VAL ETF 464287598 62,926 566,647 SH   DFND 1 548,913 0 17,734
ISHARES TR MSCI EAFE ETF 464287465 36,420 619,603 SH   DFND 1 618,180 0 1,423
ISHARES TR RUS 2000 VAL ETF 464287630 795 7,390 SH   DFND 1 7,390 0 0
JACOBS ENGR GROUP INC DEL COM 469814107 3,474 59,429 SH   DFND 1 59,429 0 0
JPMORGAN CHASE & CO COM 46625H100 77,313 791,978 SH   DFND 1 761,635 0 30,343
KAISER ALUMINUM CORP COM PAR $0.01 483007704 22,465 251,594 SH   DFND 1 251,594 0 0
KNIGHT SWIFT TRANSN HLDGS IN CL A 499049104 34,248 1,366,094 SH   DFND 1 1,366,094 0 0
LANDEC CORP COM 514766104 43,052 3,636,152 SH   DFND 1 3,636,152 0 0
LATTICE SEMICONDUCTOR CORP COM 518415104 11,205 1,619,183 SH   DFND 1 1,619,183 0 0
LIBERTY MEDIA CORP DEB 3.750% 2/1 530715AL5 756 11,450 PRN   DFND 1 11,450 0 0
LIVANOVA PLC SHS G5509L101 30,523 333,690 SH   DFND 1 333,668 0 22
LOEWS CORP COM 540424108 24,616 540,764 SH   DFND 1 520,285 0 20,479
LOUISIANA PAC CORP COM 546347105 9,461 425,807 SH   DFND 1 425,807 0 0
MATERION CORP COM 576690101 8,565 190,386 SH   DFND 1 190,386 0 0
MEDEQUITIES RLTY TR INC COM 58409L306 3,696 540,399 SH   DFND 1 540,399 0 0
MELLANOX TECHNOLOGIES LTD SHS M51363113 62,825 680,071 SH   DFND 1 680,038 0 33
METHODE ELECTRS INC COM 591520200 19,328 829,885 SH   DFND 1 829,885 0 0
MGM GROWTH PPTYS LLC CL A COM 55303A105 14,327 542,500 SH   DFND 1 542,500 0 0
MICRON TECHNOLOGY INC COM 595112103 372 11,725 SH   DFND 1 11,725 0 0
MICROSOFT CORP COM 594918104 13,167 129,637 SH   DFND 1 129,637 0 0
NEENAH INC COM 640079109 16,163 274,328 SH   DFND 1 274,328 0 0
NEXTERA ENERGY INC UNIT 09/01/2019 65339F820 27,552 478,001 PRN   DFND 1 478,001 0 0
OCCIDENTAL PETE CORP DEL COM 674599105 18,637 303,637 SH   DFND 1 286,475 0 17,162
ORACLE CORP COM 68389X105 88,066 1,950,511 SH   DFND 1 1,889,751 0 60,760
PACWEST BANCORP DEL COM 695263103 24,483 735,665 SH   DFND 1 735,665 0 0
PARSLEY ENERGY INC CL A 701877102 6,219 389,156 SH   DFND 1 389,156 0 0
PDC ENERGY INC COM 69327R101 32,518 1,092,683 SH   DFND 1 1,092,683 0 0
PHILIP MORRIS INTL INC COM 718172109 34,078 510,455 SH   DFND 1 492,456 0 17,999
POSCO SPONSORED ADR 693483109 2,710 49,329 SH   DFND 1 48,202 0 1,127
POTLATCHDELTIC CORPORATION COM 737630103 4,674 147,713 SH   DFND 1 147,713 0 0
QORVO INC COM 74736K101 1,909 31,436 SH   DFND 1 31,436 0 0
QUANTA SVCS INC COM 74762E102 46,934 1,559,264 SH   DFND 1 1,559,264 0 0
RAYTHEON CO COM NEW 755111507 23,273 151,765 SH   DFND 1 143,144 0 8,621
REINSURANCE GROUP AMER INC COM NEW 759351604 3,235 23,066 SH   DFND 1 23,066 0 0
RELIANCE STEEL & ALUMINUM CO COM 759509102 4,886 68,653 SH   DFND 1 68,653 0 0
RENAISSANCERE HOLDINGS LTD COM G7496G103 113,264 847,150 SH   DFND 1 831,440 0 15,710
ROYAL BK SCOTLAND GROUP PLC SPONS ADR 2 ORD 780097689 12,084 2,161,703 SH   DFND 1,2 2,147,463 0 14,240
ROYAL DUTCH SHELL PLC SPON ADR B 780259107 38,983 650,374 SH   DFND 1,2 648,782 0 1,592
RPT REALTY COM SH BEN INT 74971D101 44,905 3,757,762 SH   DFND 1 3,757,762 0 0
SANOFI SPONSORED ADR 80105N105 16,310 375,726 SH   DFND 1,2 373,179 0 2,547
SAP SE SPON ADR 803054204 9,073 91,136 SH   DFND 1,2 90,523 0 613
SCHLUMBERGER LTD COM 806857108 8,926 247,381 SH   DFND 1 228,957 0 18,424
SEMPRA ENERGY 6.75% CNV PFD B 816851505 33,291 345,200 PRN   DFND 1 345,200 0 0
SK TELECOM LTD SPONSORED ADR 78440P108 47,325 1,765,842 SH   DFND 1,2 1,761,586 0 4,256
SNAP ON INC COM 833034101 1,953 13,441 SH   DFND 1 13,441 0 0
SPDR S&P MIDCAP 400 ETF TR UTSER1 S&PDCRP 78467Y107 3,556 11,750 SH   DFND 1 11,750 0 0
STATE STR CORP COM 857477103 706 11,200 SH   DFND 1 11,200 0 0
STONERIDGE INC COM 86183P102 22,746 922,768 SH   DFND 1 922,768 0 0
SUNCOR ENERGY INC NEW COM 867224107 45,517 1,627,361 SH   DFND 1 1,574,497 0 52,864
SYMANTEC CORP COM 871503108 15,009 794,529 SH   DFND 1 744,334 0 50,195
SYNCHRONY FINL COM 87165B103 38,386 1,636,238 SH   DFND 1 1,565,625 0 70,613
TAYLOR MORRISON HOME CORP CL A 87724P106 44,552 2,801,984 SH   DFND 1 2,801,906 0 78
TELEFONICA BRASIL SA SPONSORED ADR 87936R106 3,333 72,104 SH   DFND 1 72,104 0 0
TENARIS S A SPONSORED ADR 88031M109 9,462 443,810 SH   DFND 1,2 440,439 0 3,371
TERADYNE INC COM 880770102 30,193 962,163 SH   DFND 1 924,099 0 38,064
TEREX CORP NEW COM 880779103 5,872 212,983 SH   DFND 1 212,983 0 0
TEXAS CAPITAL BANCSHARES INC COM 88224Q107 23,516 460,284 SH   DFND 1 460,284 0 0
TOTAL S A SPONSORED ADR 89151E109 3,284 72,555 SH   DFND 1 72,555 0 0
TOYOTA MOTOR CORP SP ADR REP2COM 892331307 41,475 357,296 SH   DFND 1 356,372 0 924
TRI POINTE GROUP INC COM 87265H109 38,860 3,555,366 SH   DFND 1 3,555,225 0 141
TRINITY INDS INC COM 896522109 32,593 1,582,930 SH   DFND 1 1,511,021 0 71,909
TURKCELL ILETISIM HIZMETLERI SPON ADR NEW 900111204 6,116 1,088,334 SH   DFND 1 1,082,385 0 5,949
UBS GROUP AG SHS H42097107 30,697 2,479,603 SH   DFND 1 2,472,827 0 6,776
UNUM GROUP COM 91529Y106 33,340 1,134,780 SH   DFND 1 1,082,775 0 52,005
VIACOM INC NEW CL B 92553P201 35,134 1,367,100 SH   DFND 1 1,315,622 0 51,478
VIASAT INC COM 92552V100 23,392 396,807 SH   DFND 1 384,103 0 12,704
VISTRA ENERGY CORP UNIT 02/02/2024 92840M300 15,725 172,400 PRN   DFND 1 172,400 0 0
WELLS FARGO CO NEW PERP PFD CNV A 949746804 13,727 10,878 PRN   DFND 1 10,878 0 0
WELLS FARGO CO NEW COM 949746101 24,107 523,152 SH   DFND 1 491,515 0 31,637
WESTERN ALLIANCE BANCORP COM 957638109 60,693 1,536,927 SH   DFND 1 1,536,887 0 40