Denali Advisors 13F-HR/A Quarterly holdings report by institutional manager (amended)

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
Expires:	Oct 31, 2018
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
1st Source Corporation	COM	336901103	3	60	SH		SOLE		60	0	0
AFLAC INC COM	COM	001055102	15,106	302,110	SH		SOLE		58,610	0	243,500
AG Mortgage Investment Tr	COM	001228105	6	329	SH		SOLE		329	0	0
AMC Networks Inc. cl A	COM	00164V103	380	6,700	SH		SOLE		2,900	0	3,800
AT&T Inc.	COM	00206R102	21,372	681,500	SH		SOLE		135,200	0	546,300
AVX Corporation	COM	002444107	259	14,925	SH		SOLE		14,925	0	0
Acco Brands Corporation	COM	00081T108	158	18,445	SH		SOLE		18,445	0	0
Advansix Inc	COM	00773T101	256	8,952	SH		SOLE		8,952	0	0
Air Lease Corp. Cl A	COM	00912X302	2,817	82,000	SH		SOLE		31,600	0	50,400
Aircastle Ltd	COM	G0129K104	263	13,009	SH		SOLE		13,009	0	0
Alexanders Inc.	COM	014752109	268	712	SH		SOLE		712	0	0
Alliance Data Systems Corp	COM	018581108	1,067	6,100	SH		SOLE		2,800	0	3,300
Allstate Corp.	COM	020002101	151	1,600	SH		SOLE		0	0	1,600
Ally Financial Inc.	COM	02005N100	388	14,100	SH		SOLE		0	0	14,100
Altria Group Inc	COM	02209S103	3,785	65,900	SH		SOLE		4,500	0	61,400
Amdocs Limited	COM	G02602103	2,754	50,900	SH		SOLE		6,000	0	44,900
Amerco	COM	023586100	7,987	21,500	SH		SOLE		5,200	0	16,300
AmerisourceBergen Corp	COM	03073E105	3,610	45,400	SH		SOLE		12,300	0	33,100
Ames National Corp.	COM	031001100	3	112	SH		SOLE		112	0	0
Amkor Technology Inc	COM	031652100	254	29,720	SH		SOLE		29,720	0	0
Annaly Capital Mgmt.	COM	035710409	5,906	591,200	SH		SOLE		141,100	0	450,100
Apple Inc.	COM	037833100	152	800	SH		SOLE		0	0	800
Arrow Electronics Inc	COM	042735100	16,591	215,300	SH		SOLE		54,200	0	161,100
Arrow Financial Corp.	COM	042744102	4	109	SH		SOLE		109	0	0
Asbury Automotive Group	COM	043436104	133	1,923	SH		SOLE		1,923	0	0
Assured Guaranty Ltd	COM	G0585R106	3,976	89,500	SH		SOLE		37,000	0	52,500
Athene Holding Ltd.	COM	G0684D107	1,236	30,300	SH		SOLE		14,100	0	16,200
Atkore International Group	COM	047649108	82	3,800	SH		SOLE		3,800	0	0
Atrion Corporation	COM	049904105	2,460	2,800	SH		SOLE		400	0	2,400
AutoNation Inc.	COM	05329W102	1,800	50,400	SH		SOLE		19,400	0	31,000
Avangrid Inc.	COM	05351W103	10,644	211,400	SH		SOLE		57,800	0	153,600
BB&T Corp	COM	054937107	1,773	38,100	SH		SOLE		8,300	0	29,800
BancFirst Corp OK	COM	05945F103	265	5,081	SH		SOLE		5,081	0	0
Banco Latinoamericano de Comer	COM	P16994132	3	169	SH		SOLE		169	0	0
Bed Bath & Beyond Inc	COM	075896100	5	307	SH		SOLE		307	0	0
Berkshire Hathaway cl B	COM	084670702	12,877	64,100	SH		SOLE		13,300	0	50,800
Biospecifics Tech Corp	COM	090931106	2	26	SH		SOLE		26	0	0
Bluegreen Vacations Corp	COM	09629F108	2	153	SH		SOLE		153	0	0
Booz Allen Hamilton cl A	COM	099502106	2,087	35,900	SH		SOLE		7,600	0	28,300
Brown-Forman cl B	COM	115637209	14,247	269,940	SH		SOLE		69,165	0	200,775
Buckle Inc.	COM	118440106	1	53	SH		SOLE		53	0	0
CDK Global	COM	12508E101	6,964	118,400	SH		SOLE		27,800	0	90,600
CDW Corporation	COM	12514G108	2,101	21,800	SH		SOLE		500	0	21,300
CNA Financial Corp.	COM	126117100	14,453	333,400	SH		SOLE		87,500	0	245,900
CNB Financial Corp PA	COM	126128107	2	74	SH		SOLE		74	0	0
Capital One Financial Corp.	COM	14040H105	1,364	16,700	SH		SOLE		1,900	0	14,800
Capstead Mortgage Corp	COM	14067E506	143	16,700	SH		SOLE		16,700	0	0
Cardinal Health Inc.	COM	14149Y108	347	7,200	SH		SOLE		2,800	0	4,400
Century Bancorp cl A	COM	156432106	4	48	SH		SOLE		48	0	0
Chubb Limited	COM	H1467J104	13,168	94,000	SH		SOLE		21,800	0	72,200
Comcast cl A	COM	20030N101	7,896	197,500	SH		SOLE		32,800	0	164,700
Community Trust Bancorp	COM	204149108	3	68	SH		SOLE		68	0	0
Compx International Inc	COM	020563P10	2	167	SH		SOLE		167	0	0
Consolidated Tomoka Land Company	COM	210226106	134	2,263	SH		SOLE		2,263	0	0
Consolidated Water Co.	COM	G23773107	127	9,900	SH		SOLE		9,900	0	0
Consumer Portfolio Services	COM	210502100	2	550	SH		SOLE		550	0	0
Continental Resources, Inc.	COM	212015101	2,243	50,100	SH		SOLE		8,100	0	42,000
Corning Incorporated	COM	219350105	483	14,600	SH		SOLE		0	0	14,600
Costamare Inc	COM	Y1771G102	273	52,462	SH		SOLE		52,462	0	0
Culp Inc.	COM	230215105	2	93	SH		SOLE		93	0	0
Customers Bancorp Inc	COM	23204G100	1	77	SH		SOLE		77	0	0
DISH Network Corp cl A	COM	25470M109	5,143	162,300	SH		SOLE		54,400	0	107,900
DaVita HealthCare Partners Inc	COM	23918K108	320	5,900	SH		SOLE		1,900	0	4,000
Diamond Hill Investments	COM	25264R207	42	300	SH		SOLE		300	0	0
Discover Financial Services	COM	254709108	10,073	141,556	SH		SOLE		36,656	0	104,900
Dolby Laboratories Inc.	COM	25659T107	220	3,500	SH		SOLE		1,400	0	2,100
Eastman Chemical Co	COM	277432100	1,669	22,000	SH		SOLE		10,400	0	11,600
Eaton Corporation, plc	COM	G29183103	10,366	128,678	SH		SOLE		22,378	0	106,300
Employers Holdings, Inc.	COM	292218104	56	1,401	SH		SOLE		1,401	0	0
Encore Wire Corporation	COM	292562105	126	2,200	SH		SOLE		2,200	0	0
Enstar Group Limited	COM	G3075P101	265	1,524	SH		SOLE		1,524	0	0
Enterprise Bancorp Inc Mass	COM	293668109	0	10	SH		SOLE		10	0	0
Entertainment Properties	COM	26884U109	10,374	134,900	SH		SOLE		39,200	0	95,700
Equity Lifestyle Properties	COM	29472R108	5,818	50,900	SH		SOLE		12,100	0	38,800
Escalade Inc.	COM	296056104	2	169	SH		SOLE		169	0	0
Eversource Energy	COM	30040W108	270	3,800	SH		SOLE		0	0	3,800
Evolution Petroleum	COM	30049A107	2	282	SH		SOLE		282	0	0
Exxon Mobil Corporation	COM	30231G102	3,931	48,656	SH		SOLE		11,156	0	37,500
FBL Financial Group cl A	COM	30239F106	2	39	SH		SOLE		39	0	0
FTS International Inc	COM	30283W104	182	18,243	SH		SOLE		18,243	0	0
Farmers National Banc	COM	309627107	1	62	SH		SOLE		62	0	0
Fifth Third Bancorp	COM	316773100	10,792	427,900	SH		SOLE		114,300	0	313,600
Financial Institutions Inc.	COM	317585404	4	139	SH		SOLE		139	0	0
First Defiance Financial	COM	32006W106	2	83	SH		SOLE		83	0	0
First Financial Corp (IN)	COM	320218100	8	185	SH		SOLE		185	0	0
First Interstate BancSystem A	COM	32055Y201	265	6,659	SH		SOLE		6,659	0	0
Flexsteel Industries Inc.	COM	339382103	2	102	SH		SOLE		102	0	0
Flushing Financial Corp	COM	343873105	4	164	SH		SOLE		164	0	0
Fonar Corporation	COM	344437405	3	150	SH		SOLE		150	0	0
Ford Motor Company	COM	345370860	2,355	268,200	SH		SOLE		49,700	0	218,500
Franklin Resources Inc	COM	354613101	12,853	387,843	SH		SOLE		105,243	0	282,600
FutureFuel Corp	COM	36116M106	4	327	SH		SOLE		327	0	0
GAMCO Investors, Inc.	COM	361438104	206	10,051	SH		SOLE		10,051	0	0
Garmin Ltd	COM	H2906T109	8,834	102,300	SH		SOLE		29,300	0	73,000
General Motors Company	COM	37045V100	14,232	383,600	SH		SOLE		77,800	0	305,800
Genpact Limited	COM	G3922B107	204	5,800	SH		SOLE		0	0	5,800
Gentex Corporation	COM	371901109	1,328	64,200	SH		SOLE		23,100	0	41,100
Genworth Financial Inc	COM	37247D106	254	66,318	SH		SOLE		66,318	0	0
German American Bancorp	COM	373865104	1	45	SH		SOLE		45	0	0
Gilead Sciences, Inc.	COM	375558103	9,251	142,303	SH		SOLE		28,303	0	114,000
Great Southern Bancorp	COM	390905107	8	154	SH		SOLE		154	0	0
Greene County Bancorp	COM	394357107	2	80	SH		SOLE		80	0	0
Group 1 Automotive, Inc.	COM	398905109	58	900	SH		SOLE		900	0	0
H&R Block, Inc.	COM	093671105	577	24,100	SH		SOLE		12,200	0	11,900
HCA Holdings, Inc.	COM	40412C101	13,116	100,600	SH		SOLE		19,700	0	80,900
HP Inc.	COM	40434L105	14,738	758,500	SH		SOLE		147,700	0	610,800
Hamilton Beach Brands	COM	40701T104	1	63	SH		SOLE		63	0	0
Hennessy Advisors, Inc.	COM	425885100	2	174	SH		SOLE		174	0	0
Hilltop Holdings Inc.	COM	432748101	270	14,800	SH		SOLE		14,800	0	0
Hingham Institution for Saving	COM	433323102	2	13	SH		SOLE		13	0	0
HollyFrontier Corporation	COM	436106108	2,237	45,400	SH		SOLE		6,700	0	38,700
Ichor Holdings Ltd	COM	G4740B105	1	55	SH		SOLE		55	0	0
Ingles Markets cl A	COM	457030104	246	8,916	SH		SOLE		8,916	0	0
Ingredion Incorporated	COM	457187102	4,943	52,200	SH		SOLE		8,400	0	43,800
International Bancshares	COM	459044103	267	7,016	SH		SOLE		7,016	0	0
International Speedway Corp	COM	460335201	261	5,990	SH		SOLE		5,990	0	0
Investors Title Company	COM	461804106	2	11	SH		SOLE		11	0	0
J.Jill, Inc.	COM	46620W102	87	15,918	SH		SOLE		15,918	0	0
JPMorgan Chase & Co.	COM	46625H100	445	4,400	SH		SOLE		4,400	0	0
Jeld Wen Holding	COM	47580P103	101	5,700	SH		SOLE		5,700	0	0
JetBlue Airways Corp	COM	477143101	568	34,700	SH		SOLE		16,000	0	18,700
Kelly Services cl A	COM	488152208	99	4,470	SH		SOLE		4,470	0	0
Kimball Electronics, Inc.	COM	49428J109	4	257	SH		SOLE		257	0	0
Kimball International cl B	COM	494274103	3	224	SH		SOLE		224	0	0
L Brands Inc	COM	501797104	185	6,700	SH		SOLE		2,400	0	4,300
Lamar Advertising Co.	COM	512816109	1,133	14,300	SH		SOLE		5,000	0	9,300
Landstar System Inc.	COM	515098101	5,885	53,800	SH		SOLE		18,900	0	34,900
Laredo Petroleum	COM	516806106	95	30,805	SH		SOLE		30,805	0	0
Lear Corporation	COM	521865204	6,243	46,000	SH		SOLE		12,000	0	34,000
Lee Enterprises Inc.	COM	523768109	3	986	SH		SOLE		986	0	0
Lennox International Inc.	COM	526107107	6,081	23,000	SH		SOLE		7,500	0	15,500
Lincoln National Corporation	COM	534187109	7,138	121,600	SH		SOLE		42,500	0	79,100
Luther Burbank Corporation	COM	550550107	3	258	SH		SOLE		258	0	0
LyondellBasell Industries cl A	COM	N53745100	9,959	118,451	SH		SOLE		19,351	0	99,100
M&T Bank Corp.	COM	55261F104	157	1,000	SH		SOLE		1,000	0	0
M/I Homes, Inc.	COM	55305B101	31	1,163	SH		SOLE		1,163	0	0
MGE Energy Inc.	COM	55277P104	258	3,800	SH		SOLE		3,800	0	0
MSC Industrial Direct Co.	COM	553530106	1,017	12,300	SH		SOLE		4,200	0	8,100
MSG Networks Inc.	COM	553573106	256	11,778	SH		SOLE		11,778	0	0
Manhattan Associates, Inc.	COM	562750109	8,961	162,600	SH		SOLE		41,700	0	120,900
Marathon Petroleum Corp	COM	56585A102	393	6,561	SH		SOLE		0	0	6,561
Marcus & Millichap, Inc.	COM	566324109	245	6,027	SH		SOLE		6,027	0	0
Marine Products Corp	COM	568427108	164	12,181	SH		SOLE		12,181	0	0
Marlin Business Services Corp	COM	571157106	2	107	SH		SOLE		107	0	0
Match Group, Inc.	COM	57665R106	266	4,700	SH		SOLE		1,900	0	2,800
Matson Inc.	COM	57686G105	264	7,324	SH		SOLE		7,324	0	0
Medical Properties Trust Inc	COM	58463J304	6,019	325,200	SH		SOLE		127,900	0	197,300
Merchants Bancorp	COM	58844R108	3	145	SH		SOLE		145	0	0
Meritage Homes Corp	COM	59001A102	264	5,896	SH		SOLE		5,896	0	0
Meritor, Inc.	COM	59001K100	1	58	SH		SOLE		58	0	0
Micron Technology Inc	COM	595112103	14,589	353,000	SH		SOLE		67,700	0	285,300
Microsoft Corporation	COM	594918104	189	1,600	SH		SOLE		0	0	1,600
Miller Industries Inc.	COM	600551204	3	110	SH		SOLE		110	0	0
Minerals Technologies	COM	603158106	268	4,558	SH		SOLE		4,558	0	0
Morgan Stanley	COM	617446448	810	19,200	SH		SOLE		0	0	19,200
Mueller Industries, Inc.	COM	624756102	1	22	SH		SOLE		22	0	0
Murphy USA, Inc.	COM	626755102	1,550	18,100	SH		SOLE		6,800	0	11,300
NBT Bancorp Inc.	COM	628778102	267	7,420	SH		SOLE		7,420	0	0
NCI Building Systems, Inc.	COM	628852204	47	7,600	SH		SOLE		7,600	0	0
NL Industries Inc.	COM	629156407	1	313	SH		SOLE		313	0	0
NVR Inc.	COM	62944T105	2,767	1,000	SH		SOLE		300	0	700
Napco Security Technologies	COM	630402105	3	157	SH		SOLE		157	0	0
National Beverage Corp	COM	635017106	262	4,530	SH		SOLE		4,530	0	0
National Fuel Gas Co.	COM	636180101	12,899	211,600	SH		SOLE		52,900	0	158,700
National General Holdings Corp	COM	636220303	253	10,651	SH		SOLE		10,651	0	0
National HealthCare Corp	COM	635906100	2	24	SH		SOLE		24	0	0
National Instruments	COM	636518102	1,087	24,500	SH		SOLE		11,200	0	13,300
National Western Life Group A	COM	638517102	213	813	SH		SOLE		813	0	0
Natural Health Trends Corp	COM	63888P406	133	10,257	SH		SOLE		10,257	0	0
Nelnet Inc	COM	64031N108	263	4,780	SH		SOLE		4,780	0	0
Newmark Group	COM	65158N102	254	30,474	SH		SOLE		30,474	0	0
Northern Trust Corp.	COM	665859104	976	10,800	SH		SOLE		4,500	0	6,300
OGE Energy Corp.	COM	670837103	164	3,800	SH		SOLE		3,800	0	0
Office Depot Inc.	COM	676220106	129	35,407	SH		SOLE		35,407	0	0
Old Dominion Freight	COM	679580100	116	800	SH		SOLE		800	0	0
One Liberty Properties Inc.	COM	682406103	4	150	SH		SOLE		150	0	0
Oritani Financial Corp.	COM	68633D103	259	15,559	SH		SOLE		15,559	0	0
Otter Tail Corp	COM	689648103	4	80	SH		SOLE		80	0	0
PBF Energy Inc cl A	COM	69318G106	6,655	213,700	SH		SOLE		57,400	0	156,300
PC Connection, Inc.	COM	69318J100	269	7,332	SH		SOLE		7,332	0	0
PPL Corp.	COM	69351T106	12,721	400,796	SH		SOLE		91,596	0	309,200
Park National Corp OH	COM	700658107	269	2,840	SH		SOLE		2,840	0	0
Park-Ohio Holdings Co	COM	700666100	126	3,897	SH		SOLE		3,897	0	0
Parsley Energy Inc.	COM	701877102	189	9,800	SH		SOLE		3,700	0	6,100
Party City Holdco Inc.	COM	702150103	1	84	SH		SOLE		84	0	0
Penske Automotive Group, Inc.	COM	70959W103	1,880	42,100	SH		SOLE		17,700	0	24,400
Peoples Bancorp OH	COM	709789101	2	59	SH		SOLE		59	0	0
Phibro Animal Health Corp CL A	COM	71742Q106	1	19	SH		SOLE		19	0	0
Phillips 66	COM	718546104	6,824	71,700	SH		SOLE		16,600	0	55,100
Pilgrims Pride Corp	COM	72147K108	223	10,000	SH		SOLE		5,400	0	4,600
Principal Financial Group, Inc.	COM	74251V102	9,065	180,617	SH		SOLE		46,917	0	133,700
Provident Financial Services	COM	74386T105	1	37	SH		SOLE		37	0	0
Prudential Financial Inc	COM	744320102	1,727	18,800	SH		SOLE		3,500	0	15,300
Psychemedics Corporation	COM	744375205	1	84	SH		SOLE		84	0	0
Quest Diagnostics Inc.	COM	74834L100	171	1,900	SH		SOLE		1,900	0	0
RBB Bancorp	COM	74930B105	2	130	SH		SOLE		130	0	0
RMR Group	COM	74967R106	252	4,138	SH		SOLE		4,138	0	0
Ready Capital	COM	86933G105	116	7,917	SH		SOLE		7,917	0	0
Reinsurance Group of America, Inc	COM	759351604	3,223	22,700	SH		SOLE		7,500	0	15,200
Republic Bancorp KY	COM	760281204	291	6,497	SH		SOLE		6,497	0	0
ResMed Inc.	COM	761152107	6,706	64,500	SH		SOLE		12,000	0	52,500
Robert Half International Inc.	COM	770323103	8,881	136,300	SH		SOLE		27,100	0	109,200
Rush Enterprises Inc	COM	781846209	226	5,400	SH		SOLE		5,400	0	0
Ryerson Holding Corporation	COM	783754104	4	443	SH		SOLE		443	0	0
S&T Bancorp Inc.	COM	783859101	170	4,309	SH		SOLE		4,309	0	0
SJW Group	COM	784305104	3	47	SH		SOLE		47	0	0
Saga Communications Inc.	COM	786598300	2	60	SH		SOLE		60	0	0
Santander Consumer USA Holdings Inc.	COM	80283M101	14,242	674,000	SH		SOLE		185,500	0	488,500
ScanSource, Inc.	COM	806037107	255	7,121	SH		SOLE		7,121	0	0
Sonic Automotive, Inc.	COM	83545G102	276	18,653	SH		SOLE		18,653	0	0
Southern Copper Corp.	COM	84265V105	10,718	270,100	SH		SOLE		56,600	0	213,500
Southern MO Bancorp	COM	843380106	2	54	SH		SOLE		54	0	0
Steel Dynamics Inc.	COM	858119100	1,213	34,400	SH		SOLE		12,800	0	21,600
Steelcase Inc cl A	COM	858155203	3	183	SH		SOLE		183	0	0
Sterling Bancorp Inc	COM	85917W102	138	13,595	SH		SOLE		13,595	0	0
Summit Hotel Properties, Inc.	COM	866082100	267	23,407	SH		SOLE		23,407	0	0
Sun Trust Banks Inc	COM	867914103	1,333	22,500	SH		SOLE		8,700	0	13,800
Synchrony Financial	COM	87165B103	6,004	188,200	SH		SOLE		36,900	0	151,300
TEGNA Inc.	COM	87901J105	5	373	SH		SOLE		373	0	0
TESSCO Technologies, Inc.	COM	872386107	1	64	SH		SOLE		64	0	0
The Gap, Inc.	COM	364760108	432	16,500	SH		SOLE		6,600	0	9,900
The Michaels Companies, Inc.	COM	59408Q106	565	49,500	SH		SOLE		18,400	0	31,100
The New Home Company Inc.	COM	645370107	1	253	SH		SOLE		253	0	0
Torchmark Corp	COM	891027104	1,532	18,700	SH		SOLE		7,300	0	11,400
Toro Company	COM	891092108	1,246	18,100	SH		SOLE		6,800	0	11,300
Towne Bank	COM	89214P109	131	5,300	SH		SOLE		5,300	0	0
Trecora Resources	COM	894648104	1	160	SH		SOLE		160	0	0
Triton International Ltd	COM	G9078F107	265	8,528	SH		SOLE		8,528	0	0
Tyson Foods	COM	902494103	15,643	225,300	SH		SOLE		54,800	0	170,500
UGI Corp	COM	902681105	765	13,800	SH		SOLE		4,900	0	8,900
Ubiquiti Networks, Inc.	COM	90347A100	973	6,500	SH		SOLE		2,600	0	3,900
United States Lime & Minerals	COM	911922102	2	30	SH		SOLE		30	0	0
United Therapeutics Corp.	COM	91307C102	7,699	65,600	SH		SOLE		16,600	0	49,000
Unity Bancorp Inc	COM	091329010	2	92	SH		SOLE		92	0	0
Universal Insurance Hldgs	COM	91359V107	3	83	SH		SOLE		83	0	0
Universal Logistics Holdings,	COM	91388P105	3	170	SH		SOLE		170	0	0
Urstadt Biddle Prop cl A	COM	917286205	1	67	SH		SOLE		67	0	0
Utah Medical Products Inc.	COM	917488108	145	1,640	SH		SOLE		1,640	0	0
VSE Corporation	COM	918284100	3	102	SH		SOLE		102	0	0
Valero Energy Corporation	COM	91913Y100	3,537	41,700	SH		SOLE		11,000	0	30,700
Vectrus, Inc.	COM	92242T101	2	68	SH		SOLE		68	0	0
VeriSign Inc	COM	92343E102	4,557	25,100	SH		SOLE		5,700	0	19,400
Verizon Communications, Inc.	COM	92343V104	15,362	259,800	SH		SOLE		49,500	0	210,300
Versum Materials, Inc.	COM	92532W103	322	6,400	SH		SOLE		2,600	0	3,800
Viacom Inc cl B	COM	92553P201	11,674	415,900	SH		SOLE		129,700	0	286,200
Village Super Market	COM	927107409	3	125	SH		SOLE		125	0	0
W&T Offshore Inc.	COM	92922P106	2	288	SH		SOLE		288	0	0
W.P. Carey Inc. REIT	COM	92936U109	9,768	124,700	SH		SOLE		23,500	0	101,200
WEC Energy Group	COM	92939U106	1,740	22,000	SH		SOLE		9,200	0	12,800
Walker & Dunlop, Inc.	COM	93148P102	49	955	SH		SOLE		955	1	0
Walmart Inc.	COM	931142103	7,520	77,100	SH		SOLE		10,300	2	66,800
Warrior Met Coal, Llc	COM	93627C101	279	9,164	SH		SOLE		9,164	3	0
Waterstone Financial, Inc (MD)	COM	94188P101	2	118	SH		SOLE		118	4	0
Watsco Inc.	COM	942622200	372	2,600	SH		SOLE		700	5	1,900
Wells Fargo & Company	COM	949746101	20,053	415,000	SH		SOLE		83,100	6	331,900
West Bancorporation	COM	95123P106	3	137	SH		SOLE		137	7	0
Weyco Group Inc.	COM	962149100	4	131	SH		SOLE		131	8	0
Williams-Sonoma Inc.	COM	969904101	388	6,900	SH		SOLE		2,400	9	4,500
Willis Lease Finance	COM	970646105	4	102	SH		SOLE		102	10	0
Winmark Corporation	COM	974250102	217	1,149	SH		SOLE		1,149	11	0
Worthington Industries	COM	981811102	139	3,727	SH		SOLE		3,727	12	0