River Road Asset Management 13F-HR Quarterly holdings report by institutional manager

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
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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	6,302	197,940	SH		SOLE	0	142,295	0	55,645
ADT Corporation	COM	00101J106	57,627	1,396,689	SH		SOLE	0	858,483	0	538,206
Air Methods Corporation	COM	009128307	28,296	781,213	SH		SOLE	0	656,264	0	124,949
Air Transport Services Group,	COM	00922R105	37,497	2,438,062	SH		SOLE	0	2,006,374	0	431,688
Aircastle Limited	COM	G0129K104	48,963	2,201,567	SH		SOLE	0	1,422,535	0	779,032
Akorn, Inc.	COM	009728106	17,974	763,858	SH		SOLE	0	641,965	0	121,893
Alamos Gold Inc.	COM	011532108	16,546	3,127,848	SH		SOLE	0	3,127,848	0	0
Alleghany Corporation	COM	017175100	12,971	26,141	SH		SOLE	0	26,141	0	0
Allied World Assurance Company	COM	H01531104	49,004	1,402,511	SH		SOLE	0	1,028,907	0	373,604
Alphabet Inc. Class C	COM	02079K107	1,165	1,564	SH		SOLE	0	1,564	0	0
American National Insurance Co	COM	028591105	20,180	174,717	SH		SOLE	0	136,857	0	37,860
American Science and Engineeri	COM	029429107	6,755	243,951	SH		SOLE	0	243,951	0	0
AmeriGas Partners, L.P.	COM	030975106	34,167	785,990	SH		SOLE	0	648,052	0	137,938
Amgen Inc.	COM	031162100	44,819	298,931	SH		SOLE	0	182,586	0	116,345
Argan, Inc.	COM	04010E109	8,812	250,619	SH		SOLE	0	173,059	0	77,560
Atlantic Tele-Network, Inc.	COM	049079205	7,698	101,516	SH		SOLE	0	82,765	0	18,751
Baker Hughes Incorporated	COM	057224107	659	15,030	SH		SOLE	0	15,030	0	0
Baldwin & Lyons, Inc. Class B	COM	057755209	2,006	81,529	SH		SOLE	0	81,529	0	0
BB&T Corporation	COM	054937107	86,843	2,610,253	SH		SOLE	0	1,597,603	0	1,012,650
Bemis Company, Inc.	COM	081437105	43,187	834,052	SH		SOLE	0	514,510	0	319,542
Benchmark Electronics, Inc.	COM	08160H101	2,384	103,435	SH		SOLE	0	103,435	0	0
Berkshire Hathaway Inc. Class	COM	084670702	2,748	19,372	SH		SOLE	0	19,372	0	0
Biglari Holdings Inc.	COM	08986R101	31,090	83,640	SH		SOLE	0	70,641	0	12,999
Blackhawk Network Holdings Inc	COM	09238E104	48,120	1,402,912	SH		SOLE	0	1,189,627	0	213,285
Bloomin' Brands, Inc.	COM	094235108	25,258	1,497,207	SH		SOLE	0	1,257,967	0	239,240
Brown & Brown, Inc.	COM	115236101	9,510	265,633	SH		SOLE	0	265,633	0	0
Capital Southwest Corporation	COM	140501107	13,945	1,005,419	SH		SOLE	0	888,071	0	117,348
Carmike Cinemas, Inc.	COM	143436400	13,282	442,145	SH		SOLE	0	360,725	0	81,420
Chevron Corporation	COM	166764100	53,632	562,177	SH		SOLE	0	331,230	0	230,947
Cinemark Holdings, Inc.	COM	17243V102	80,275	2,240,446	SH		SOLE	0	1,362,742	0	877,704
CME Group Inc. Class A	COM	12572Q105	62,537	651,088	SH		SOLE	0	409,015	0	242,073
CNA Financial Corporation	COM	126117100	20,565	639,071	SH		SOLE	0	424,936	0	214,135
Comcast Corporation Class A	COM	20030N101	2,799	45,828	SH		SOLE	0	45,828	0	0
Communications Sales & Leasing	COM	20341J104	18,487	830,872	SH		SOLE	0	539,881	0	290,991
Compass Diversified Holdings	COM	20451Q104	10,109	645,963	SH		SOLE	0	483,281	0	162,682
Compass Minerals International	COM	20451N101	63,913	901,967	SH		SOLE	0	585,178	0	316,789
Corning Incorporated	COM	219350105	90,291	4,322,232	SH		SOLE	0	2,663,055	0	1,659,177
CSG Systems International, Inc	COM	126349109	55,683	1,233,021	SH		SOLE	0	993,890	0	239,131
Cubic Corporation	COM	229669106	28,344	709,316	SH		SOLE	0	595,548	0	113,768
Dolby Laboratories, Inc. Class	COM	25659T107	25,939	596,856	SH		SOLE	0	596,856	0	0
Emerson Electric Co.	COM	291011104	72,515	1,333,478	SH		SOLE	0	822,566	0	510,912
Empire District Electric Compa	COM	291641108	3,906	118,197	SH		SOLE	0	118,197	0	0
Energen Corporation	COM	29265N108	13,183	360,281	SH		SOLE	0	332,331	0	27,950
ePlus inc.	COM	294268107	28,711	356,616	SH		SOLE	0	298,059	0	58,557
Evolution Petroleum Corporatio	COM	30049A107	12,512	2,574,526	SH		SOLE	0	2,030,183	0	544,343
Express Scripts Holding Compan	COM	30219G108	1,653	24,063	SH		SOLE	0	24,063	0	0
Exxon Mobil Corporation	COM	30231G102	79,185	947,305	SH		SOLE	0	553,394	0	393,911
Fastenal Company	COM	311900104	116,355	2,374,599	SH		SOLE	0	1,439,039	0	935,560
Fidelity National Financial In	COM	31620R402	47,062	4,337,529	SH		SOLE	0	3,668,072	0	669,457
First Citizens BancShares, Inc	COM	31946M103	5,068	20,184	SH		SOLE	0	14,446	0	5,738
Ford Motor Company	COM	345370860	26,722	1,979,380	SH		SOLE	0	1,218,649	0	760,731
Forest City Realty Trust Inc C	COM	345605109	6,506	308,470	SH		SOLE	0	308,470	0	0
Forward Air Corporation	COM	349853101	27,303	602,449	SH		SOLE	0	497,698	0	104,751
Fresh Market, Inc.	COM	35804H106	11,095	388,896	SH		SOLE	0	325,926	0	62,970
General Electric Company	COM	369604103	6,339	199,405	SH		SOLE	0	61,627	0	137,778
Gentex Corporation	COM	371901109	3,908	249,083	SH		SOLE	0	249,083	0	0
GEO Group Inc	COM	36162J106	100,904	2,910,420	SH		SOLE	0	2,071,312	0	839,108
Gran Tierra Energy Inc.	COM	38500T101	10,435	4,224,707	SH		SOLE	0	3,437,797	0	786,910
Ingles Markets, Incorporated C	COM	457030104	34,438	918,336	SH		SOLE	0	772,564	0	145,772
Insperity, Inc.	COM	45778Q107	37,062	716,442	SH		SOLE	0	589,382	0	127,060
Intel Corporation	COM	458140100	107,838	3,333,473	SH		SOLE	0	2,083,286	0	1,250,187
International Speedway Corpora	COM	460335201	44,648	1,209,656	SH		SOLE	0	1,019,886	0	189,770
Iron Mountain, Inc.	COM	46284V101	120,072	3,540,912	SH		SOLE	0	2,232,907	0	1,308,005
Ituran Location & Control Ltd.	COM	M6158M104	9,558	486,424	SH		SOLE	0	340,249	0	146,175
J. Alexander's Holdings, Inc.	COM	46609J106	10,755	1,018,420	SH		SOLE	0	757,806	0	260,614
Kansas City Southern	COM	485170302	15,599	182,550	SH		SOLE	0	182,550	0	0
Kelly Services, Inc. Class A	COM	488152208	16,727	874,863	SH		SOLE	0	715,213	0	159,650
Kimberly-Clark Corporation	COM	494368103	44,030	327,334	SH		SOLE	0	200,406	0	126,928
KLX, Inc.	COM	482539103	36,036	1,121,216	SH		SOLE	0	943,807	0	177,409
Kohl's Corporation	COM	500255104	50,735	1,088,495	SH		SOLE	0	670,133	0	418,362
La Quinta Holdings, Inc.	COM	50420D108	13,877	1,110,130	SH		SOLE	0	932,465	0	177,665
Leucadia National Corporation	COM	527288104	11,194	692,242	SH		SOLE	0	692,242	0	0
Liberty Broadband Corp. Class	COM	530307305	12,851	221,760	SH		SOLE	0	221,760	0	0
Liberty Interactive Corporatio	COM	53071M880	17,044	435,679	SH		SOLE	0	435,679	0	0
Liberty Media Corp Class C	COM	531229300	2,145	56,311	SH		SOLE	0	56,311	0	0
Liberty Tax, Inc. Class A	COM	53128T102	5,719	291,939	SH		SOLE	0	201,663	0	90,276
Madison Square Garden Co. Clas	COM	55825T103	10,493	63,076	SH		SOLE	0	63,076	0	0
Magellan Midstream Partners, L	COM	559080106	29,799	433,118	SH		SOLE	0	368,599	0	64,519
Marcus Corporation	COM	566330106	7,958	419,927	SH		SOLE	0	291,521	0	128,406
Marten Transport, Ltd.	COM	573075108	8,533	455,808	SH		SOLE	0	385,291	0	70,517
Match Group, Inc.	COM	57665R106	14,626	1,322,444	SH		SOLE	0	1,093,443	0	229,001
Michael Kors Holdings Ltd	COM	G60754101	10,174	178,611	SH		SOLE	0	178,611	0	0
Microsoft Corporation	COM	594918104	175,483	3,177,311	SH		SOLE	0	1,979,305	0	1,198,006
Molson Coors Brewing Company C	COM	60871R209	67,090	697,551	SH		SOLE	0	429,804	0	267,747
Monarch Casino & Resort, Inc.	COM	609027107	8,210	421,893	SH		SOLE	0	291,524	0	130,369
Motorola Solutions, Inc.	COM	620076307	110,213	1,455,922	SH		SOLE	0	898,655	0	557,267
MSC Industrial Direct Co., Inc	COM	553530106	61,927	811,519	SH		SOLE	0	531,603	0	279,916
Murphy USA, Inc.	COM	626755102	28,732	467,566	SH		SOLE	0	385,437	0	82,129
National CineMedia, Inc.	COM	635309107	14,999	986,138	SH		SOLE	0	773,730	0	212,408
National Fuel Gas Company	COM	636180101	79,918	1,596,769	SH		SOLE	0	1,065,944	0	530,825
NeuStar, Inc. Class A	COM	64126X201	25,218	1,025,132	SH		SOLE	0	887,796	0	137,336
New Gold Inc.	COM	644535106	7,723	2,070,512	SH		SOLE	0	2,070,512	0	0
News Corporation Class A	COM	65249B109	7,568	592,640	SH		SOLE	0	592,640	0	0
Nucor Corporation	COM	670346105	39,282	830,487	SH		SOLE	0	503,984	0	326,503
Oaktree Capital Group, LLC Cla	COM	674001201	1,919	38,901	SH		SOLE	0	38,901	0	0
Occidental Petroleum Corporati	COM	674599105	90,224	1,318,488	SH		SOLE	0	780,423	0	538,065
Omnicom Group Inc	COM	681919106	115,288	1,385,170	SH		SOLE	0	842,934	0	542,236
Owens & Minor, Inc.	COM	690732102	66,807	1,652,831	SH		SOLE	0	1,020,950	0	631,881
Packaging Corporation of Ameri	COM	695156109	505	8,367	SH		SOLE	0	8,037	0	330
Pan American Silver Corp.	COM	697900108	15,938	1,466,259	SH		SOLE	0	1,466,259	0	0
Park Electrochemical Corp.	COM	700416209	3,726	232,736	SH		SOLE	0	232,736	0	0
Parker-Hannifin Corporation	COM	701094104	51,804	466,365	SH		SOLE	0	287,863	0	178,502
PayPal Holdings Inc	COM	70450Y103	892	23,108	SH		SOLE	0	23,108	0	0
PBF Energy, Inc. Class A	COM	69318G106	17,679	532,488	SH		SOLE	0	451,188	0	81,300
PepsiCo, Inc.	COM	713448108	51,653	504,034	SH		SOLE	0	311,510	0	192,524
PHI, Inc. Non-Voting	COM	69336T205	5,497	291,013	SH		SOLE	0	251,225	0	39,788
PICO Holdings, Inc.	COM	693366205	19,506	1,906,708	SH		SOLE	0	1,564,171	0	342,537
PNC Financial Services Group,	COM	693475105	121,210	1,433,254	SH		SOLE	0	874,846	0	558,408
Praxair, Inc.	COM	74005P104	91,527	799,711	SH		SOLE	0	493,250	0	306,461
Premier Inc. Class A	COM	74051N102	7,243	217,130	SH		SOLE	0	217,130	0	0
Primero Mining Corp.	COM	74164W106	725	400,369	SH		SOLE	0	400,369	0	0
Procter & Gamble Company	COM	742718109	8,636	104,923	SH		SOLE	0	29,018	0	75,905
QEP Resources, Inc.	COM	74733V100	13,132	930,691	SH		SOLE	0	805,321	0	125,370
QUALCOMM Incorporated	COM	747525103	45,216	884,154	SH		SOLE	0	545,585	0	338,569
Quest Diagnostics Incorporated	COM	74834L100	96,020	1,343,880	SH		SOLE	0	823,819	0	520,061
Rackspace Hosting, Inc.	COM	750086100	22,180	1,027,334	SH		SOLE	0	816,924	0	210,410
Ralph Lauren Corporation Class	COM	751212101	1,009	10,487	SH		SOLE	0	10,487	0	0
Raven Industries, Inc.	COM	754212108	2,588	161,537	SH		SOLE	0	161,537	0	0
Republic Services, Inc.	COM	760759100	44,072	924,919	SH		SOLE	0	567,965	0	356,954
Rogers Communications Inc. Cla	COM	775109200	15,996	399,700	SH		SOLE	0	326,007	0	73,693
Sabra Health Care REIT, Inc.	COM	78573L106	17,783	885,185	SH		SOLE	0	720,783	0	164,402
SeaWorld Entertainment, Inc.	COM	81282V100	50,309	2,388,828	SH		SOLE	0	2,010,447	0	378,381
SodaStream International Ltd.	COM	M9068E105	15,568	1,105,677	SH		SOLE	0	902,757	0	202,920
SP Plus Corporation	COM	78469C103	35,352	1,469,307	SH		SOLE	0	1,206,202	0	263,105
Spectra Energy Partners, LP	COM	84756N109	28,161	585,218	SH		SOLE	0	502,052	0	83,166
Spirit AeroSystems Holdings, I	COM	848574109	714	15,746	SH		SOLE	0	15,746	0	0
Stock Yards Bancorp, Inc.	COM	861025104	12,028	312,161	SH		SOLE	0	253,163	0	58,998
Target Corporation	COM	87612E106	85,463	1,038,685	SH		SOLE	0	639,373	0	399,312
Tech Data Corporation	COM	878237106	16,846	219,429	SH		SOLE	0	184,209	0	35,220
Telephone and Data Systems, In	COM	879433829	36,469	1,211,995	SH		SOLE	0	1,011,734	0	200,261
Thomson Reuters Corporation	COM	884903105	57,622	1,423,468	SH		SOLE	0	1,153,628	0	269,840
Time Warner Inc.	COM	887317303	57,663	794,806	SH		SOLE	0	487,154	0	307,652
TransMontaigne Partners L.P.	COM	89376V100	13,286	362,498	SH		SOLE	0	283,014	0	79,484
Tribune Media Co. Class A	COM	896047503	26,580	693,089	SH		SOLE	0	587,349	0	105,740
TriNet Group, Inc.	COM	896288107	17,609	1,227,089	SH		SOLE	0	1,030,679	0	196,410
U.S. Bancorp	COM	902973304	110,626	2,725,456	SH		SOLE	0	1,658,131	0	1,067,325
UCP, Inc. Class A	COM	90265Y106	5,915	735,754	SH		SOLE	0	547,024	0	188,730
UniFirst Corporation	COM	904708104	61,474	563,363	SH		SOLE	0	475,330	0	88,033
Unilever PLC Sponsored ADR	COM	904767704	46,940	1,038,957	SH		SOLE	0	896,876	0	142,081
Union Pacific Corporation	COM	907818108	67,639	850,273	SH		SOLE	0	524,612	0	325,661
United Natural Foods, Inc.	COM	911163103	22,992	570,514	SH		SOLE	0	479,124	0	91,390
United Parcel Service, Inc. Cl	COM	911312106	89,082	844,618	SH		SOLE	0	509,665	0	334,953
US Ecology, Inc.	COM	91732J102	22,721	514,505	SH		SOLE	0	427,095	0	87,410
Vectren Corporation	COM	92240G101	73,584	1,455,375	SH		SOLE	0	898,437	0	556,938
Ventas, Inc.	COM	92276F100	70,738	1,123,538	SH		SOLE	0	747,280	0	376,258
Verizon Communications Inc.	COM	92343V104	135,322	2,502,254	SH		SOLE	0	1,489,665	0	1,012,589
Viad Corp	COM	92552R406	25,706	881,547	SH		SOLE	0	741,904	0	139,643
Village Super Market, Inc. Cla	COM	927107409	333	13,803	SH		SOLE	0	11,001	0	2,802
Wal-Mart Stores, Inc.	COM	931142103	79,896	1,166,542	SH		SOLE	0	743,527	0	423,015
Washington Trust Bancorp, Inc.	COM	940610108	5,567	149,166	SH		SOLE	0	120,967	0	28,199
Wells Fargo & Company	COM	949746101	108,026	2,233,788	SH		SOLE	0	1,403,240	0	830,548
WesBanco, Inc.	COM	950810101	2,905	97,777	SH		SOLE	0	79,038	0	18,739
Western Union Company	COM	959802109	80,853	4,191,446	SH		SOLE	0	2,568,374	0	1,623,072
Weyerhaeuser Company	COM	962166104	58,317	1,882,407	SH		SOLE	0	1,229,378	0	653,029
White Mountains Insurance Grou	COM	G9618E107	62,167	77,457	SH		SOLE	0	64,401	0	13,056