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
AbbVie, Inc.	COM	00287Y109	23,240	151,736	SH		SOLE		125,989	0	25,747
ACI Worldwide, Inc.	COM	004498101	103,066	3,980,927	SH		SOLE		3,883,994	0	96,933
Advance Auto Parts, Inc.	COM	00751Y106	160,385	926,598	SH		SOLE		861,426	0	65,172
AES Corporation	COM	00130H105	60,687	2,888,468	SH		SOLE		2,197,027	0	691,441
Air Transport Services Group,	COM	00922R105	227,054	7,903,016	SH		SOLE		7,545,071	0	357,945
Albertsons Companies, Inc. Cla	COM	013091103	35,661	1,334,625	SH		SOLE		983,880	0	350,745
Alight, Inc. Class A	COM	01626W101	57,359	8,497,598	SH		SOLE		8,259,068	0	238,530
Alphabet Inc. Class C	COM	02079K107	116,941	53,460	SH		SOLE		49,333	0	4,127
American Equity Investment Lif	COM	025676206	143,465	3,923,013	SH		SOLE		3,618,734	0	304,279
American Tower Corporation	COM	03027X100	9,615	37,618	SH		SOLE		30,630	0	6,988
Amgen Inc.	COM	031162100	18,102	74,403	SH		SOLE		61,745	0	12,658
Api Group Corporation	COM	00187Y100	5,478	365,941	SH		SOLE		365,941	0	0
Apollo Global Management Inc.	COM	03769M106	5,794	119,517	SH		SOLE		119,517	0	0
Ares Management Corporation	COM	03990B101	38,473	676,634	SH		SOLE		676,634	0	0
Argan, Inc.	COM	04010E109	66,705	1,787,370	SH		SOLE		1,736,299	0	51,071
Armstrong World Industries, In	COM	04247X102	104,765	1,397,611	SH		SOLE		1,360,116	0	37,495
Asbury Automotive Group, Inc.	COM	043436104	30,781	181,768	SH		SOLE		173,520	0	8,248
Atkore Inc	COM	047649108	80,129	965,296	SH		SOLE		934,348	0	30,948
Axalta Coating Systems Ltd.	COM	G0750C108	78,793	3,563,673	SH		SOLE		3,460,889	0	102,784
Axis Capital Holdings Limited	COM	G0692U109	99,998	1,751,586	SH		SOLE		1,651,459	0	100,127
Barrett Business Services, Inc	COM	068463108	7,347	100,819	SH		SOLE		90,837	0	9,982
Bath & Body Works, Inc.	COM	070830104	16,562	615,226	SH		SOLE		615,226	0	0
Bausch and Lomb Corporation	COM	071705107	2,153	141,261	SH		SOLE		141,261	0	0
Berkshire Hathaway Inc. Class	COM	084670702	113,585	416,033	SH		SOLE		352,649	0	63,384
BJ's Wholesale Club Holdings,	COM	05550J101	234,702	3,766,074	SH		SOLE		3,528,075	0	237,999
Black Hills Corporation	COM	092113109	15,376	211,294	SH		SOLE		176,342	0	34,952
Bristol-Myers Squibb Company	COM	110122108	31,286	406,315	SH		SOLE		330,620	0	75,695
Caci International Inc Class A	COM	127190304	10,605	37,636	SH		SOLE		37,636	0	0
Cannae Holdings, Inc.	COM	13765N107	107,398	5,553,153	SH		SOLE		5,399,405	0	153,748
Carlisle Companies Incorporate	COM	142339100	6,487	27,185	SH		SOLE		27,185	0	0
Centene Corporation	COM	15135B101	3,050	36,048	SH		SOLE		36,048	0	0
Centennial Resource Developmen	COM	15136A102	57,305	9,582,756	SH		SOLE		8,909,946	0	672,810
Check Point Software Technolog	COM	M22465104	362	2,974	SH		SOLE		2,660	0	314
Chesapeake Energy Corporation	COM	165167735	20,700	255,237	SH		SOLE		255,237	0	0
Chubb Limited	COM	H1467J104	21,975	111,788	SH		SOLE		99,529	0	12,259
Cisco Systems, Inc.	COM	17275R102	25,440	596,625	SH		SOLE		502,175	0	94,450
CNA Financial Corporation	COM	126117100	48,079	1,070,798	SH		SOLE		1,031,695	0	39,103
Comcast Corporation Class A	COM	20030N101	61,707	1,572,550	SH		SOLE		1,260,241	0	312,309
Comfort Systems USA, Inc.	COM	199908104	110,557	1,329,605	SH		SOLE		1,288,603	0	41,002
Computer Programs and Systems,	COM	205306103	40,543	1,268,156	SH		SOLE		1,192,455	0	75,701
CoreCivic, Inc.	COM	21871N101	92,391	8,315,998	SH		SOLE		8,127,881	0	188,117
Corning Inc	COM	219350105	27,294	866,203	SH		SOLE		721,567	0	144,636
CSG Systems International, Inc	COM	126349109	7,986	133,806	SH		SOLE		112,520	0	21,286
Curtiss-Wright Corporation	COM	231561101	35,268	267,060	SH		SOLE		267,060	0	0
D.R. Horton, Inc.	COM	23331A109	14,977	226,275	SH		SOLE		178,151	0	48,124
Devon Energy Corporation	COM	25179M103	4,371	79,306	SH		SOLE		79,306	0	0
Dollar Tree, Inc.	COM	256746108	4,356	27,951	SH		SOLE		27,951	0	0
Dun & Bradstreet Holdings Inc	COM	26484T106	62,494	4,157,934	SH		SOLE		4,157,934	0	0
DXC Technology Co.	COM	23355L106	58,905	1,943,413	SH		SOLE		1,874,680	0	68,733
Enovis Corporation	COM	194014502	15,827	287,758	SH		SOLE		277,459	0	10,299
Enterprise Products Partners L	COM	293792107	12,214	501,205	SH		SOLE		405,385	0	95,820
EOG Resources, Inc.	COM	26875P101	34,098	308,743	SH		SOLE		308,743	0	0
ePlus inc.	COM	294268107	98,284	1,850,221	SH		SOLE		1,795,249	0	54,972
ESAB Corporation	COM	29605J106	24,809	567,057	SH		SOLE		548,347	0	18,710
Evolution Petroleum Corporatio	COM	30049A107	6,617	1,211,968	SH		SOLE		1,082,557	0	129,411
Expedia Group, Inc.	COM	30212P303	15,620	164,715	SH		SOLE		129,413	0	35,302
Ferguson Plc	COM	G3421J106	4,447	40,168	SH		SOLE		40,168	0	0
Fidelity National Financial, I	COM	31620R303	44,227	1,196,622	SH		SOLE		1,149,205	0	47,417
Fidelity National Information	COM	31620M106	13,006	141,880	SH		SOLE		118,401	0	23,479
Fiserv, Inc.	COM	337738108	82,727	929,826	SH		SOLE		833,614	0	96,212
FS KKR Capital Corp.	COM	302635206	35,786	1,842,719	SH		SOLE		1,753,198	0	89,521
Genuine Parts Company	COM	372460105	9,887	74,340	SH		SOLE		61,883	0	12,457
Genworth Financial, Inc. Class	COM	37247D106	59,204	16,771,563	SH		SOLE		16,209,172	0	562,391
GMS Inc.	COM	36251C103	17,073	383,662	SH		SOLE		348,393	0	35,269
GrafTech International Ltd.	COM	384313508	18,513	2,618,579	SH		SOLE		2,532,407	0	86,172
Haemonetics Corporation	COM	405024100	30,547	468,655	SH		SOLE		441,078	0	27,577
HF Sinclair Corporation	COM	403949100	49,138	1,088,091	SH		SOLE		1,058,090	0	30,001
Hostess Brands, Inc. Class A	COM	44109J106	40,708	1,919,262	SH		SOLE		1,857,150	0	62,112
Huntington Ingalls Industries,	COM	446413106	3,145	14,438	SH		SOLE		14,438	0	0
IDACORP, Inc.	COM	451107106	16,014	151,189	SH		SOLE		126,993	0	24,196
Ingles Markets, Incorporated C	COM	457030104	67,112	773,622	SH		SOLE		743,717	0	29,905
Interpublic Group of Companies	COM	460690100	12,661	459,912	SH		SOLE		385,587	0	74,325
Itau Unibanco Holding S.A. Spo	COM	465562106	202	47,279	SH		SOLE		42,276	0	5,003
Ituran Location and Control Lt	COM	M6158M104	23,182	946,590	SH		SOLE		894,899	0	51,691
J.M. Smucker Company	COM	832696405	9,351	73,048	SH		SOLE		60,838	0	12,210
Kelly Services, Inc. Class A	COM	488152208	18,323	923,984	SH		SOLE		836,289	0	87,695
Keurig Dr Pepper Inc.	COM	49271V100	53,169	1,502,387	SH		SOLE		1,502,387	0	0
Kimberly-Clark Corporation	COM	494368103	22,463	166,210	SH		SOLE		139,165	0	27,045
Kinder Morgan Inc Class P	COM	49456B101	26,395	1,574,875	SH		SOLE		1,310,171	0	264,704
KKR & Co Inc	COM	48251W104	58,958	1,273,675	SH		SOLE		1,165,603	0	108,072
Kroger Co.	COM	501044101	13,558	286,462	SH		SOLE		266,479	0	19,983
Liberty Broadband Corp. Class	COM	530307305	81,500	704,775	SH		SOLE		639,503	0	65,272
Liberty Latin America Ltd. Cla	COM	G9001E102	12,926	1,657,191	SH		SOLE		1,657,191	0	0
Liberty Latin America Ltd. Cla	COM	G9001E128	20,813	2,671,794	SH		SOLE		2,533,966	0	137,828
Liberty Media Corp. Series C L	COM	531229607	34,953	969,578	SH		SOLE		969,003	0	575
Lithia Motors, Inc.	COM	536797103	7,642	27,809	SH		SOLE		27,809	0	0
LKQ Corporation	COM	501889208	223,940	4,561,819	SH		SOLE		4,385,688	0	176,131
Lockheed Martin Corporation	COM	539830109	8,960	20,839	SH		SOLE		16,869	0	3,970
M&T Bank Corporation	COM	55261F104	19,069	119,640	SH		SOLE		99,855	0	19,785
Madison Square Garden Sports C	COM	55825T103	2,955	19,569	SH		SOLE		19,569	0	0
Magellan Midstream Partners, L	COM	559080106	3,922	82,115	SH		SOLE		65,508	0	16,607
Magna International Inc.	COM	559222401	8,588	156,437	SH		SOLE		140,480	0	15,957
Marathon Petroleum Corporation	COM	56585A102	2,879	35,018	SH		SOLE		35,018	0	0
McGrath RentCorp	COM	580589109	53,503	703,982	SH		SOLE		660,774	0	43,208
MDU Resources Group Inc	COM	552690109	49,995	1,852,367	SH		SOLE		1,852,367	0	0
Medtronic PLC	COM	G5960L103	3,544	39,487	SH		SOLE		32,885	0	6,602
Merck & Co., Inc.	COM	58933Y105	8,195	89,886	SH		SOLE		77,892	0	11,994
Meta Platforms Inc. Class A	COM	30303M102	23,251	144,194	SH		SOLE		144,194	0	0
Micron Technology, Inc.	COM	595112103	4,360	78,874	SH		SOLE		65,562	0	13,312
Molson Coors Beverage Company	COM	60871R209	93,203	1,709,836	SH		SOLE		1,573,753	0	136,083
MSC Industrial Direct Co., Inc	COM	553530106	11,201	149,134	SH		SOLE		135,183	0	13,951
Murphy USA, Inc.	COM	626755102	117,914	506,353	SH		SOLE		488,825	0	17,528
NCR Corporation	COM	62886E108	160,176	5,148,690	SH		SOLE		4,838,365	0	310,325
Newmark Group, Inc. Class A	COM	65158N102	33,796	3,494,906	SH		SOLE		3,437,116	0	57,790
News Corporation Class A	COM	65249B109	3,057	196,211	SH		SOLE		196,211	0	0
NortonLifeLock Inc.	COM	668771108	9,864	449,196	SH		SOLE		375,741	0	73,455
NVR, Inc.	COM	62944T105	53,575	13,380	SH		SOLE		13,380	0	0
OGE Energy Corp.	COM	670837103	23,453	608,222	SH		SOLE		608,222	0	0
Oracle Corporation	COM	68389X105	57,702	825,850	SH		SOLE		642,018	0	183,832
Ovintiv Inc	COM	69047Q102	14,502	328,176	SH		SOLE		328,176	0	0
Park Aerospace Corp.	COM	70014A104	15,463	1,211,801	SH		SOLE		1,093,791	0	118,010
Patterson Companies Incorporat	COM	703395103	54,445	1,796,855	SH		SOLE		1,729,082	0	67,773
Pediatrix Medical Group, Inc.	COM	58502B106	62,861	2,991,963	SH		SOLE		2,899,262	0	92,701
PepsiCo, Inc.	COM	713448108	14,941	89,651	SH		SOLE		74,486	0	15,165
Petco Health & Wellness Compan	COM	71601V105	4,075	276,454	SH		SOLE		276,454	0	0
Pfizer Inc.	COM	717081103	24,829	473,558	SH		SOLE		401,264	0	72,294
PNC Financial Services Group,	COM	693475105	12,018	76,172	SH		SOLE		63,514	0	12,658
Polaris Inc.	COM	731068102	45,790	461,217	SH		SOLE		461,217	0	0
Premier Inc. Class A	COM	74051N102	211,838	5,937,161	SH		SOLE		5,497,593	0	439,568
Progressive Corporation	COM	743315103	30,277	260,399	SH		SOLE		217,154	0	43,245
Qualcomm Incorporated	COM	747525103	41,939	328,314	SH		SOLE		266,447	0	61,867
SEI Investments Company	COM	784117103	11,411	211,240	SH		SOLE		211,240	0	0
Sk Telecom Co Ltd Sponsored AD	COM	78440P306	360	16,147	SH		SOLE		14,439	0	1,708
Sleep Number Corporation	COM	83125X103	19,236	621,513	SH		SOLE		598,224	0	23,289
SM Energy Company	COM	78454L100	60,622	1,773,096	SH		SOLE		1,648,445	0	124,651
Southwest Gas Holdings, Inc.	COM	844895102	13,838	158,911	SH		SOLE		144,120	0	14,791
SP Plus Corporation	COM	78469C103	51,091	1,663,114	SH		SOLE		1,574,590	0	88,524
SS&C Technologies Holdings, In	COM	78467J100	9,442	162,589	SH		SOLE		162,589	0	0
St. Joe Company	COM	790148100	4,397	111,145	SH		SOLE		111,145	0	0
Starbucks Corporation	COM	855244109	73,304	959,605	SH		SOLE		851,437	0	108,168
STORE Capital Corporation	COM	862121100	8,635	331,110	SH		SOLE		269,300	0	61,810
Summit Materials, Inc. Class A	COM	86614U100	16,566	711,291	SH		SOLE		645,333	0	65,958
Suncor Energy Inc.	COM	867224107	27,149	774,145	SH		SOLE		774,145	0	0
Sysco Corporation	COM	871829107	22,865	269,918	SH		SOLE		225,266	0	44,652
T-Mobile US, Inc.	COM	872590104	66,634	495,272	SH		SOLE		495,272	0	0
Target Corporation	COM	87612E106	21,598	152,926	SH		SOLE		133,482	0	19,444
TD SYNNEX Corporation	COM	87162W100	125,683	1,379,617	SH		SOLE		1,270,074	0	109,543
Texas Instruments Incorporated	COM	882508104	6,880	44,776	SH		SOLE		37,222	0	7,554
Texas Pacific Land Corporation	COM	88262P102	9,388	6,309	SH		SOLE		6,309	0	0
TIM SA (Brazil) Sponsored ADR	COM	88706T108	231	19,007	SH		SOLE		16,995	0	2,012
Trimas Corporation	COM	896215209	37,595	1,357,694	SH		SOLE		1,294,910	0	62,784
Truist Financial Corporation	COM	89832Q109	24,092	507,942	SH		SOLE		420,196	0	87,746
U.S. Bancorp	COM	902973304	66,778	1,451,056	SH		SOLE		1,120,695	0	330,361
UniFirst Corporation	COM	904708104	145,846	847,058	SH		SOLE		815,421	0	31,637
Unilever PLC Sponsored ADR	COM	904767704	98,885	2,157,649	SH		SOLE		1,863,203	0	294,446
United Parcel Service, Inc. Cl	COM	911312106	58,362	319,720	SH		SOLE		243,852	0	75,868
UnitedHealth Group Incorporate	COM	91324P102	15,499	30,175	SH		SOLE		30,175	0	0
Univar Solutions Inc.	COM	91336L107	73,723	2,964,327	SH		SOLE		2,751,777	0	212,550
Verizon Communications Inc.	COM	92343V104	33,108	652,368	SH		SOLE		543,056	0	109,312
Viad Corp	COM	92552R406	24,807	898,476	SH		SOLE		852,142	0	46,334
Visa Inc. Class A	COM	92826C839	74,635	379,067	SH		SOLE		379,067	0	0
Vistra Corp.	COM	92840M102	99,879	4,371,091	SH		SOLE		3,901,134	0	469,957
Vontier Corp	COM	928881101	71,408	3,106,044	SH		SOLE		3,016,492	0	89,552
Walgreens Boots Alliance Inc	COM	931427108	42,637	1,124,975	SH		SOLE		847,601	0	277,374
Watsco, Inc.	COM	942622200	7,259	30,397	SH		SOLE		25,272	0	5,125
Weatherford International Plc	COM	G48833118	4,031	190,427	SH		SOLE		190,427	0	0
White Mountains Insurance Grou	COM	G9618E107	173,499	139,230	SH		SOLE		132,510	0	6,720
Whole Earth Brands Inc Class A	COM	96684W100	7,576	1,221,861	SH		SOLE		1,106,914	0	114,947
Williams Companies, Inc.	COM	969457100	25,588	819,865	SH		SOLE		681,204	0	138,661
Willis Towers Watson Public Li	COM	G96629103	97,619	494,551	SH		SOLE		444,246	0	50,305
World Fuel Services Corporatio	COM	981475106	24,931	1,218,527	SH		SOLE		1,186,871	0	31,656
Yelp Inc	COM	985817105	57,951	2,086,809	SH		SOLE		2,022,664	0	64,145