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
AEROJET ROCKETDYNE COM 007800105 512 18,320 SH   SOLE   18,320 0 0
ALAMO GROUP INC. COM 011311107 568 5,164 SH   SOLE   5,164 0 0
ALLERGAN INC. COM g0177j108 1,070 6,360 SH   SOLE   6,360 0 0
AMERCO COM 023586100 1,914 5,547 SH   SOLE   5,547 0 0
AMERICAN WATER WORKS COM 030420103 1,784 21,723 SH   SOLE   21,626 0 97
AMN HEALTHCARE SERVICES COM 001744101 859 15,128 SH   SOLE   15,128 0 0
APPLE INC COM COM 037833100 1,362 8,115 SH   SOLE   8,079 0 36
ASTEC INDS COM 046224101 477 8,636 SH   SOLE   8,636 0 0
AT&T INC. COM 00206R102 1,873 52,530 SH   SOLE   52,286 0 244
B & G FOODS COM 05508r106 794 33,486 SH   SOLE   33,128 0 358
BANK AMER CORP COM COM 060505104 1,968 65,622 SH   SOLE   65,622 0 0
BERKSHIRE HATHAWAY INC CL B COM 084670207 1,856 9,303 SH   SOLE   9,303 0 0
BRANDYWINE REALTY TRUST COM 105368203 379 23,874 SH   SOLE   23,874 0 0
BROADCOM LTD. COM y09827109 809 3,435 SH   SOLE   3,435 0 0
CONNECTICUT WATER SERVICES COM 207797101 465 7,681 SH   SOLE   7,681 0 0
CROWN CASTLE INTERNATIONAL COR COM 22822v101 2,143 19,550 SH   SOLE   19,462 0 88
DANAHER CORP DEL COM COM 235851102 2,838 28,984 SH   SOLE   28,984 0 0
DELTA AIR LINES INC. COM 247361702 1,342 24,477 SH   SOLE   24,365 0 112
DEVON ENERGY CORP NEW COM COM 25179M103 1,062 33,398 SH   SOLE   33,398 0 0
DOLLAR TREE STORES INC. COM 256746108 2,803 29,536 SH   SOLE   29,536 0 0
EMERSON ELECTRIC COMPANY COM 291011104 1,651 24,167 SH   SOLE   24,054 0 113
EQUIFAX INC. COM 294429105 1,221 10,361 SH   SOLE   10,361 0 0
ESTEE LAUDER COMPANIES INC. COM 518439104 2,291 15,301 SH   SOLE   15,231 0 70
EZCORP INC. COM 302301106 754 57,094 SH   SOLE   57,094 0 0
GENERAL ELECTRIC COMPANY COM 369604103 746 55,359 SH   SOLE   55,068 0 291
GRAPHIC PACKAGING COM 388689101 1,049 68,344 SH   SOLE   67,783 0 561
HEALTHCARE TRUST OF AMERICA IN COM 42225p501 2,313 87,454 SH   SOLE   86,982 0 472
HOME BANCSHARES INC. COM 436893200 711 31,174 SH   SOLE   31,174 0 0
HONEYWELL INTL INC. COM 438516106 1,761 12,189 SH   SOLE   12,127 0 62
INDEPENDENCE CONTRACT DRILLING COM 453415309 397 105,111 SH   SOLE   105,111 0 0
ITRON INC COM 465741106 466 6,515 SH   SOLE   6,515 0 0
JOHNSON & JOHNSON COM 478160104 2,816 21,973 SH   SOLE   21,825 0 148
JPMORGAN CHASE & CO COM COM 46625H100 2,464 22,405 SH   SOLE   22,305 0 100
KROGER COMPANY COM 501044101 1,620 67,683 SH   SOLE   67,359 0 324
LABORATORY CORP OF AMER HOLDIN COM 50540R409 3,686 22,786 SH   SOLE   22,734 0 52
LANDEC COM 514766104 189 14,489 SH   SOLE   14,489 0 0
LIONSGATE ENTERTAINMENT COM 535919401 1,512 58,524 SH   SOLE   58,524 0 0
LKQ CORP. COM 501889208 2,246 59,175 SH   SOLE   59,175 0 0
MARATHON PETE CORP COM COM 56585A102 2,422 33,130 SH   SOLE   32,981 0 149
MCCORMICK COM 579780206 1,853 17,420 SH   SOLE   17,304 0 116
MICROSEMI CORP. COM 595137100 742 11,468 SH   SOLE   11,468 0 0
MIDDLESEX WATER COMPANY COM 596680108 645 17,564 SH   SOLE   17,564 0 0
MISTRAS GROUP COM 60649t107 711 37,525 SH   SOLE   37,525 0 0
MOHAWK INDS INC COM COM 608190104 1,587 6,833 SH   SOLE   6,833 0 0
MOLSON COORS BREWING CO. COM 60871R209 2,601 34,522 SH   SOLE   34,333 0 189
MOTORCAR PARTS OF AMERICA INC. COM 620071100 518 24,187 SH   SOLE   24,187 0 0
NATIONAL BEVERAGE CORP. COM 635017106 245 2,750 SH   SOLE   2,750 0 0
NEXTERA ENERGY INC. COM 65339F101 2,891 17,701 SH   SOLE   17,621 0 80
NOBILIS HEALTH COM 65500b103 737 446,818 SH   SOLE   446,818 0 0
NOBLE ENERGY INC. COM 655044105 3,134 103,433 SH   SOLE   103,433 0 0
NORTHWEST PIPE COM 667746101 340 19,645 SH   SOLE   19,645 0 0
NORTHWESTERN CORP COM 668074305 407 7,567 SH   SOLE   7,567 0 0
OAKTREE CAPITAL COM 674001201 2,012 50,804 SH   SOLE   50,563 0 241
ORION ENGINEERED CARBONS COM l72967109 579 21,365 SH   SOLE   21,365 0 0
PDC ENERGY INC COM 69327R101 528 10,770 SH   SOLE   10,770 0 0
PGT INNOVATIONS COM 69336v101 574 30,798 SH   SOLE   30,798 0 0
PNC FINL SVCS GROUP INC COM COM 693475105 2,721 17,990 SH   SOLE   17,865 0 125
PZENA ASSET MANAGEMENT COM 74731q103 527 47,371 SH   SOLE   47,371 0 0
SEACOAST BANKING CORP FL COM 811707801 484 18,298 SH   SOLE   18,298 0 0
SEALED AIR CORPORATION COM 81211K100 2,271 53,071 SH   SOLE   53,071 0 0
SILICOM LTD COM m84116108 291 8,456 SH   SOLE   8,456 0 0
SPECTRUM BRANDS COM 84763r101 774 7,468 SH   SOLE   7,468 0 0
SPIRIT AIRLINES COM 848577102 331 8,759 SH   SOLE   8,759 0 0
STATE BANK FINANCIAL CORP. COM 856190103 917 30,569 SH   SOLE   30,569 0 0
SYNCHRONY FINANCIAL COM 87165b103 2,391 71,323 SH   SOLE   71,124 0 199
SYNEOS HEALTH INC. COM 87166b102 750 21,119 SH   SOLE   21,119 0 0
TETRA TECH INC COM 88162G103 397 8,118 SH   SOLE   8,118 0 0
THE DOW CHEM CO COM 26078j100 1,219 19,138 SH   SOLE   19,022 0 116
THERMO FISHER SCIENTIFIC INC C COM 883556102 2,859 13,847 SH   SOLE   13,847 0 0
VASCO DATA SECURITY COM 92230y104 487 37,592 SH   SOLE   37,592 0 0
VIRTU FINANCIAL COM 928254101 4,739 143,606 SH   SOLE   143,006 0 600
WALGREENS BOOTS ALLIANCE COM 931427108 1,112 16,989 SH   SOLE   16,989 0 0
WELLS FARGO & COMPANY COM 949746101 2,790 53,233 SH   SOLE   52,990 0 243
WEST PHARMACEUTICAL SERVICES COM 955306105 776 8,792 SH   SOLE   8,792 0 0
WEYERHAEUSER COMPANY COM 962166104 1,735 49,574 SH   SOLE   49,048 0 526
XCEL ENERGY INC. COM 98389B100 2,379 52,311 SH   SOLE   52,077 0 234