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
ABBVIE INC COM 00287Y109 2,397 33,053 SH   SOLE 0 33,053 0 0
ACME UNITED INC COM 004816104 621 21,701 SH   SOLE 0 21,701 0 0
AECOM TECH CORP. COM 00766T100 640 19,790 SH   SOLE 0 19,790 0 0
ALLERGAN PLC PLC g0177j108 1,900 7,814 SH   SOLE 0 7,814 0 0
AMC NETWORKS INC CL A 00164V103 2,197 41,142 SH   SOLE 0 41,142 0 0
AMDOCS LTD. SHS G02602103 2,526 39,189 SH   SOLE 0 39,189 0 0
ANIXTER INTL COM 035290105 1,563 19,988 SH   SOLE 0 19,988 0 0
APOGEE ENTERPRISES COM 037598109 1,424 25,052 SH   SOLE 0 25,052 0 0
APPLE COM 037833100 5,273 36,610 SH   SOLE 0 36,610 0 0
ARES CAPITAL CORPORATION COM 04010L103 2,343 143,040 SH   SOLE 0 143,040 0 0
ARGAN COM 04010E109 584 9,729 SH   SOLE 0 9,729 0 0
ARROW ELECTRS INC COM COM 042735100 2,660 33,923 SH   SOLE 0 33,923 0 0
BELDEN CDT COM 077454106 1,345 17,829 SH   SOLE 0 17,829 0 0
BERKSHIRE HATHAWAY INC CL B CL B 084670702 5,200 30,703 SH   SOLE 0 30,703 0 0
BRUNSWICK CORP COM 117043109 2,454 39,124 SH   SOLE 0 39,124 0 0
CARNIVAL CORP. UNIT 143658300 2,347 35,797 SH   SOLE 0 35,797 0 0
CBS CL B 124857202 2,236 35,060 SH   SOLE 0 35,060 0 0
CELESTICA INC SHS 15101Q108 2,430 178,906 SH   SOLE 0 178,906 0 0
CENTURY BANCORP CL A 156432106 690 10,845 SH   SOLE 0 10,845 0 0
CHUBB LIMITED COM H1467J104 2,459 16,912 SH   SOLE 0 16,912 0 0
COHU INC COM COM 192576106 713 45,279 SH   SOLE 0 45,279 0 0
COMCAST CL A CL A 20030N101 2,406 61,807 SH   SOLE 0 61,807 0 0
COMMSCOPE HOLDING CO COM 20337X109 2,279 59,931 SH   SOLE 0 59,931 0 0
CUSTOMERS BANCORP COM 23204G100 1,494 52,833 SH   SOLE 0 52,833 0 0
CVS HEALTH COM 126650100 1,910 23,735 SH   SOLE 0 23,735 0 0
D R HORTON INC COM COM 23331A109 2,633 76,178 SH   SOLE 0 76,178 0 0
DAIMLER AG ADR D1668R123 2,343 32,318 SH   SOLE 0 32,318 0 0
DELUXE CORP. COM 248019101 2,497 36,072 SH   SOLE 0 36,072 0 0
DICK'S SPORTING GOODS COM 253393102 1,874 47,040 SH   SOLE 0 47,040 0 0
DISNEY WALT CO COM COM 254687106 2,413 22,710 SH   SOLE 0 22,710 0 0
EVEREST RE COM G3223R108 2,528 9,928 SH   SOLE 0 9,928 0 0
FABRINET SHS G3323L100 2,710 63,532 SH   SOLE 0 63,532 0 0
FEDEX CORP COM 31428X106 2,748 12,643 SH   SOLE 0 12,643 0 0
FREEPORT MCMORAN CL B 35671D857 1,619 134,817 SH   SOLE 0 134,817 0 0
GOLDMAN SACHS COM 38141G104 2,541 11,453 SH   SOLE 0 11,453 0 0
HD SUPPLY HOLDINGS COM 40416M105 1,910 62,359 SH   SOLE 0 62,359 0 0
HOOKER FURNITURE CORP COM 439038100 1,104 26,832 SH   SOLE 0 26,832 0 0
ICHOR HOLDINGS SHS G4740B105 845 41,931 SH   SOLE 0 41,931 0 0
INTEL CORP COM COM 458140100 2,279 67,538 SH   SOLE 0 67,538 0 0
INTERPUBLIC GROUP COM 460690100 2,471 100,466 SH   SOLE 0 100,466 0 0
JOHNSON CTLS INC SHS G51502105 1,017 23,444 SH   SOLE 0 23,444 0 0
LABORATORY CORP. OF AMERICA COM 50540R409 2,572 16,684 SH   SOLE 0 16,684 0 0
LAM RESEARCH CORP COM 512807108 2,581 18,251 SH   SOLE 0 18,251 0 0
LENNAR CORP COM CL A 526057104 2,429 45,558 SH   SOLE 0 45,558 0 0
LIBERTY GLOBAL PLC CL A CL A G5480U104 428 13,330 SH   SOLE 0 13,330 0 0
LIBERTY GLOBAL PLC CL C CL C G5480U120 1,490 47,795 SH   SOLE 0 47,795 0 0
LYONDELLBASELL INDUSTRIES SHS A N53745100 1,575 18,669 SH   SOLE 0 18,669 0 0
M/I HOMES INC COM 55305B101 1,572 55,078 SH   SOLE 0 55,078 0 0
MAGNA INTL INC COM 559222401 2,422 52,271 SH   SOLE 0 52,271 0 0
MICROSEMI CORP COM 595137100 2,400 51,287 SH   SOLE 0 51,287 0 0
MILACRON HOLDINGS CORP COM 59870L106 2,221 126,264 SH   SOLE 0 126,264 0 0
MURPHY OIL CORP COM 626717102 1,783 69,586 SH   SOLE 0 69,586 0 0
NOVA MEASURING INSTRUMENTS LTD COM M7516K103 1,614 73,065 SH   SOLE 0 73,065 0 0
OCLARO INC COM 67555N206 2,213 236,920 SH   SOLE 0 236,920 0 0
OMEGA HEALTHCARE INVESTORS INC. COM 681936100 1,943 58,857 SH   SOLE 0 58,857 0 0
OMNICOM GROUP INC COM 681919106 2,347 28,317 SH   SOLE 0 28,317 0 0
ON SEMICONDUCTOR CORP COM 682189105 2,269 161,599 SH   SOLE 0 161,599 0 0
PILGRIMS PRIDE CORP COM 72147K108 2,133 97,316 SH   SOLE 0 97,316 0 0
PVH Corp COM 693656100 1,584 13,834 SH   SOLE 0 13,834 0 0
ROYAL CARIBBEAN CRUISES COM V7780T103 2,300 21,052 SH   SOLE 0 21,052 0 0
ROYAL DUTCH SHELL ADS ADR A 780259206 2,376 44,670 SH   SOLE 0 44,670 0 0
SANMINA SCI CORP COM 801056102 2,529 66,377 SH   SOLE 0 66,377 0 0
SENSATA TECHNOLOGY SHS N7902X106 2,416 56,560 SH   SOLE 0 56,560 0 0
SHIRE PLC ADR 82481R106 2,206 13,350 SH   SOLE 0 13,350 0 0
SINCLAIR BROADCASTING GROUP CL A 829226109 2,447 74,373 SH   SOLE 0 74,373 0 0
STEELCASE INC CL A 858155203 1,815 129,635 SH   SOLE 0 129,635 0 0
TENNECO INC COM 880349105 2,232 38,592 SH   SOLE 0 38,592 0 0
THOR INDUSTRIES INC COM 885160101 2,584 24,725 SH   SOLE 0 24,725 0 0
TOWER SEMICONDUCTOR ORD SHS M87915274 2,569 107,704 SH   SOLE 0 107,704 0 0
TOWNSQUARE MEDIA INC CL A 892231101 888 86,764 SH   SOLE 0 86,764 0 0
TRIPLE POINT VENTURE GROWTH COM 89677Y100 2,275 170,918 SH   SOLE 0 170,918 0 0
TYSON FOODS CL A 902494103 2,360 37,678 SH   SOLE 0 37,678 0 0
ULTRA CLEAN HOLDINGS COM 90385V107 1,478 78,836 SH   SOLE 0 78,836 0 0
UNIT CORP COM 909218109 1,547 82,607 SH   SOLE 0 82,607 0 0
US BANCORP DEL COM COM 902973304 2,446 47,119 SH   SOLE 0 47,119 0 0
WELLS FARGO AND CO COM 949746101 2,371 42,795 SH   SOLE 0 42,795 0 0
WHIRLPOOL CORP COM 963320106 2,482 12,954 SH   SOLE 0 12,954 0 0
WPP PLC ADR 92937A102 2,323 22,037 SH   SOLE 0 22,037 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 2,499 24,892 SH   SOLE 0 24,892 0 0
ZIMMER BIOMET HOLDINGS COM 98956P102 2,598 20,231 SH   SOLE 0 20,231 0 0
WELLS FARGO AND CO COM 949746101 2,458 44,156 SH   SOLE 0 44,156 0 0
WHIRLPOOL CORP COM 963320106 2,254 13,155 SH   SOLE 0 13,155 0 0
WPP PLC ADR 92937A102 2,490 22,756 SH   SOLE 0 22,756 0 0
WYNDHAM WORLDWIDE CORP COM 98310W108 2,490 29,541 SH   SOLE 0 29,541 0 0
ZIMMER BIOMET HOLDINGS COM 98956P102 2,765 22,647 SH   SOLE 0 22,647 0 0