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	10,780,236	54,589	SH		SOLE		40,962	0	13,627
ACI Worldwide, Inc.	COM	004498101	42,069,563	826,514	SH		SOLE		696,514	0	130,000
Advance Auto Parts, Inc.	COM	00751Y106	26,076,551	668,801	SH		SOLE		587,018	0	81,783
AerCap Holdings NV	COM	N00985106	3,721,644	39,291	SH		SOLE		39,291	0	0
AES Corporation	COM	00130H105	20,286,036	1,011,268	SH		SOLE		771,467	0	239,801
Air Transport Services Group,	COM	00922R105	116,085,360	7,170,189	SH		SOLE		6,123,304	0	1,046,885
Albertsons Companies, Inc. Cla	COM	013091103	5,019,538	271,620	SH		SOLE		271,620	0	0
Alexandria Real Estate Equitie	COM	015271109	6,676,600	56,224	SH		SOLE		56,224	0	0
Alight, Inc. Class A	COM	01626W101	73,913,080	9,988,254	SH		SOLE		8,645,424	0	1,342,830
Alphabet Inc. Class A	COM	02079K305	3,258,455	19,647	SH		SOLE		14,730	0	4,917
Alphabet Inc. Class C	COM	02079K107	34,249,875	204,856	SH		SOLE		204,856	0	0
American Tower Corporation	COM	03027X100	21,662,266	93,147	SH		SOLE		69,955	0	23,192
Amgen Inc.	COM	031162100	15,611,397	48,451	SH		SOLE		36,212	0	12,239
Api Group Corporation	COM	00187Y100	8,055,262	243,951	SH		SOLE		243,951	0	0
Apollo Global Management Inc	COM	03769M106	7,760,034	62,125	SH		SOLE		62,125	0	0
Ares Management Corporation	COM	03990B101	2,611,099	16,755	SH		SOLE		16,755	0	0
Argan, Inc.	COM	04010E109	71,838,406	708,256	SH		SOLE		592,279	0	115,977
Armstrong World Industries, In	COM	04247X102	59,478,778	452,551	SH		SOLE		387,767	0	64,784
Asbury Automotive Group, Inc.	COM	043436104	12,874,555	53,961	SH		SOLE		50,470	0	3,491
Assured Guaranty Ltd.	COM	G0585R106	53,025,606	666,821	SH		SOLE		579,095	0	87,726
Atkore Inc	COM	047649108	92,786,571	1,094,956	SH		SOLE		936,562	0	158,394
Atlanta Braves Holdings Inc Cl	COM	047726302	3,055,207	76,764	SH		SOLE		76,764	0	0
Avnet, Inc.	COM	053807103	9,072,648	167,053	SH		SOLE		125,463	0	41,590
Axis Capital Holdings Limited	COM	G0692U109	145,367,462	1,825,995	SH		SOLE		1,552,468	0	273,527
Bausch Lomb Corporation	COM	071705107	38,973,786	2,020,414	SH		SOLE		1,598,733	0	421,681
Berkshire Hathaway Inc. Class	COM	084670702	74,851,163	162,628	SH		SOLE		162,628	0	0
BJ's Wholesale Club Holdings,	COM	05550J101	237,136,433	2,875,078	SH		SOLE		2,560,309	0	314,769
Brady Corporation Class A	COM	104674106	10,506,050	137,101	SH		SOLE		127,121	0	9,980
Bristol-Myers Squibb Company	COM	110122108	11,192,552	216,323	SH		SOLE		162,486	0	53,837
Brookfield Asset Management Lt	COM	113004105	8,629,385	182,478	SH		SOLE		182,478	0	0
Cannae Holdings, Inc.	COM	13765N107	107,976,863	5,665,103	SH		SOLE		4,877,791	0	787,312
Carlisle Companies Incorporate	COM	142339100	22,311,198	49,608	SH		SOLE		49,608	0	0
Casey's General Stores, Inc.	COM	147528103	45,963,986	122,339	SH		SOLE		122,339	0	0
Centene Corporation	COM	15135B101	8,024,999	106,602	SH		SOLE		106,602	0	0
Chubb Limited	COM	H1467J104	17,535,554	60,805	SH		SOLE		45,424	0	15,381
Cisco Systems, Inc.	COM	17275R102	9,582,580	180,056	SH		SOLE		134,610	0	45,446
Clarivate PLC	COM	G21810109	34,044,464	4,794,995	SH		SOLE		3,934,471	0	860,524
CNA Financial Corporation	COM	126117100	49,551,358	1,012,492	SH		SOLE		814,011	0	198,481
CNH Industrial NV	COM	N20944109	48,444,562	4,364,375	SH		SOLE		4,014,800	0	349,575
Cogent Communications Holdings	COM	19239V302	21,611,539	284,662	SH		SOLE		213,243	0	71,419
Comcast Corporation Class A	COM	20030N101	42,351,104	1,013,912	SH		SOLE		877,473	0	136,439
CoreCivic, Inc.	COM	21871N101	108,937,246	8,611,640	SH		SOLE		7,320,797	0	1,290,843
Corning Inc	COM	219350105	23,834,640	527,899	SH		SOLE		396,306	0	131,593
CRH public limited company	COM	G25508105	101,598,154	1,095,516	SH		SOLE		1,095,516	0	0
Crown Castle Inc.	COM	22822V101	7,096,447	59,820	SH		SOLE		44,674	0	15,146
CSG Systems International, Inc	COM	126349109	4,294,044	88,264	SH		SOLE		65,978	0	22,286
Delek US Holdings Inc	COM	24665A103	76,880,025	4,100,268	SH		SOLE		3,643,370	0	456,898
Delta Air Lines, Inc.	COM	247361702	6,633,580	130,608	SH		SOLE		130,608	0	0
DNOW Inc.	COM	67011P100	7,240,011	559,939	SH		SOLE		523,240	0	36,699
Dole PLC	COM	G27907107	45,602,796	2,799,435	SH		SOLE		2,343,938	0	455,497
Duckhorn Portfolio, Inc.	COM	26414D106	19,242,987	3,312,046	SH		SOLE		2,713,483	0	598,563
Duke Energy Corporation	COM	26441C204	12,982,319	112,596	SH		SOLE		86,718	0	25,878
Dun & Bradstreet Holdings Inc	COM	26484T106	55,579,983	4,828,843	SH		SOLE		3,916,903	0	911,940
Elevance Health, Inc.	COM	036752103	54,777,320	105,341	SH		SOLE		105,341	0	0
Embecta Corporation	COM	29082K105	49,029,535	3,477,272	SH		SOLE		2,999,231	0	478,041
Enovis Corporation	COM	194014502	51,341,215	1,192,595	SH		SOLE		1,038,463	0	154,132
Enterprise Products Partners L	COM	293792107	5,507,175	189,185	SH		SOLE		186,238	0	2,947
Envista Holdings Corp.	COM	29415F104	5,726,547	289,805	SH		SOLE		268,783	0	21,022
EOG Resources, Inc.	COM	26875P101	8,544,250	69,505	SH		SOLE		52,225	0	17,280
ePlus inc.	COM	294268107	55,160,971	560,921	SH		SOLE		473,289	0	87,632
EVERTEC, Inc.	COM	30040P103	66,648,955	1,966,626	SH		SOLE		1,685,481	0	281,145
Evolution Petroleum Corporatio	COM	30049A107	7,026,250	1,323,211	SH		SOLE		1,233,646	0	89,565
Expedia Group, Inc.	COM	30212P303	26,693,039	180,334	SH		SOLE		180,334	0	0
Expeditors International Of Wa	COM	302130109	7,283,896	55,433	SH		SOLE		55,433	0	0
Ferguson Enterprises Inc.	COM	31488V107	4,106,825	20,682	SH		SOLE		20,682	0	0
Fidelity National Financial, I	COM	31620R303	7,428,582	119,700	SH		SOLE		89,858	0	29,842
FS KKR Capital Corp.	COM	302635206	4,924,154	249,577	SH		SOLE		193,562	0	56,015
GE Healthcare Technologies Inc	COM	36266G107	23,812,748	253,732	SH		SOLE		253,732	0	0
Genuine Parts Company	COM	372460105	25,450,534	182,206	SH		SOLE		167,842	0	14,364
Genworth Financial, Inc.	COM	37247D106	119,134,981	17,391,968	SH		SOLE		14,838,526	0	2,553,442
GEO Group Inc	COM	36162J106	36,560,563	2,845,180	SH		SOLE		2,659,271	0	185,909
Global Payments Inc.	COM	37940X102	50,322,121	491,331	SH		SOLE		491,331	0	0
GXO Logistics Inc	COM	36262G101	68,135,261	1,308,532	SH		SOLE		1,062,790	0	245,742
HF Sinclair Corporation	COM	403949100	34,312,081	769,847	SH		SOLE		635,993	0	133,854
Howard Hughes Holdings Inc.	COM	44267T102	7,205,016	93,052	SH		SOLE		93,052	0	0
IDACORP, Inc.	COM	451107106	17,143,661	166,298	SH		SOLE		134,813	0	31,485
Ingles Markets, Incorporated C	COM	457030104	72,438,540	971,026	SH		SOLE		837,098	0	133,928
Interpublic Group of Companies	COM	460690100	8,287,534	262,015	SH		SOLE		195,897	0	66,118
iShares Russell 1000 Value ETF	COM	464287598	63,063,328	332,262	SH		SOLE		332,262	0	0
Ituran Location and Control Lt	COM	M6158M104	13,257,022	499,511	SH		SOLE		415,629	0	83,882
Janus International Group, Inc	COM	47103N106	8,256,412	816,658	SH		SOLE		762,320	0	54,338
Johnson & Johnson	COM	478160104	7,649,556	47,202	SH		SOLE		37,480	0	9,722
Kelly Services, Inc. Class A	COM	488152208	7,840,042	366,186	SH		SOLE		340,494	0	25,692
Kimberly-Clark Corporation	COM	494368103	15,585,636	109,542	SH		SOLE		81,907	0	27,635
Kinder Morgan Inc Class P	COM	49456B101	47,266,636	2,139,730	SH		SOLE		1,870,097	0	269,633
KKR & Co Inc	COM	48251W104	44,600,382	341,556	SH		SOLE		341,556	0	0
Kroger Co.	COM	501044101	108,471,364	1,893,043	SH		SOLE		1,812,168	0	80,875
Labcorp Holdings Inc.	COM	504922105	63,489,998	284,097	SH		SOLE		284,097	0	0
Lennar Corporation Class A	COM	526057104	70,876,814	378,050	SH		SOLE		378,050	0	0
LGI Homes, Inc.	COM	50187T106	82,425,327	695,455	SH		SOLE		584,197	0	111,258
Lithia Motors, Inc.	COM	536797103	115,997,046	365,184	SH		SOLE		304,790	0	60,394
LKQ Corporation	COM	501889208	143,683,138	3,599,277	SH		SOLE		3,096,084	0	503,193
Lockheed Martin Corporation	COM	539830109	2,241,203	3,834	SH		SOLE		2,870	0	964
Lululemon Athletica Inc.	COM	550021109	79,502,565	292,989	SH		SOLE		292,989	0	0
Madison Square Garden Sports C	COM	55825T103	5,146,729	24,713	SH		SOLE		24,713	0	0
McGrath RentCorp	COM	580589109	131,323,745	1,247,376	SH		SOLE		1,076,562	0	170,814
MDU Resources Group, Inc.	COM	552690109	13,236,262	482,899	SH		SOLE		451,115	0	31,784
MGM Resorts International	COM	552953101	18,696,512	478,294	SH		SOLE		478,294	0	0
Micron Technology, Inc.	COM	595112103	16,932,939	163,272	SH		SOLE		122,420	0	40,852
Mid-America Apartment Communit	COM	59522J103	56,875,713	357,934	SH		SOLE		357,934	0	0
Molson Coors Beverage Company	COM	60871R209	96,474,902	1,677,241	SH		SOLE		1,410,139	0	267,102
MSC Industrial Direct Co., Inc	COM	553530106	13,154,959	152,858	SH		SOLE		141,914	0	10,944
Murphy USA, Inc.	COM	626755102	181,076,002	367,391	SH		SOLE		314,387	0	53,004
NCR Voyix Corporation	COM	62886E108	34,764,874	2,561,892	SH		SOLE		2,176,212	0	385,680
NMI Holdings, Inc.	COM	629209305	7,236,506	175,686	SH		SOLE		164,201	0	11,485
Nomad Foods Ltd.	COM	G6564A105	76,614,777	4,019,663	SH		SOLE		3,455,918	0	563,745
NorthWestern Energy Group, Inc	COM	668074305	127,887,215	2,235,009	SH		SOLE		1,930,722	0	304,287
OPENLANE, Inc.	COM	48238T109	85,161,069	5,045,087	SH		SOLE		4,324,539	0	720,548
Oracle Corporation	COM	68389X105	34,378,711	201,753	SH		SOLE		151,512	0	50,241
Ovintiv Inc	COM	69047Q102	12,142,508	316,954	SH		SOLE		258,241	0	58,713
P10, Inc. Class A	COM	69376K106	83,530,996	7,799,346	SH		SOLE		6,727,529	0	1,071,817
Papa John's International, Inc	COM	698813102	123,128,774	2,285,665	SH		SOLE		2,018,320	0	267,345
Park Aerospace Corp.	COM	70014A104	15,880,312	1,218,750	SH		SOLE		1,138,107	0	80,643
Patterson Companies Incorporat	COM	703395103	43,422,659	1,988,217	SH		SOLE		1,710,453	0	277,764
Paycom Software, Inc.	COM	70432V102	10,526,391	63,195	SH		SOLE		47,456	0	15,739
PepsiCo, Inc.	COM	713448108	10,217,794	60,087	SH		SOLE		44,933	0	15,154
Permian Resources Corporation	COM	71424F105	68,082,419	5,002,382	SH		SOLE		4,066,751	0	935,631
Pfizer Inc.	COM	717081103	8,850,084	305,808	SH		SOLE		243,161	0	62,647
PNC Financial Services Group,	COM	693475105	23,802,025	128,764	SH		SOLE		96,435	0	32,329
Polaris Inc.	COM	731068102	34,671,125	416,520	SH		SOLE		323,305	0	93,215
Primo Water Corporation	COM	74167P108	9,407,266	372,565	SH		SOLE		318,917	0	53,648
Progressive Corporation	COM	743315103	28,025,001	110,439	SH		SOLE		82,806	0	27,633
Qualcomm Incorporated	COM	747525103	4,683,687	27,543	SH		SOLE		20,651	0	6,892
Radian Group Inc.	COM	750236101	56,852,123	1,638,862	SH		SOLE		1,382,421	0	256,441
Rentokil Initial plc Sponsored	COM	760125104	44,054,900	1,767,144	SH		SOLE		1,593,860	0	173,284
Repay Holdings Corp. Class A	COM	76029L100	15,431,449	1,891,109	SH		SOLE		1,769,279	0	121,830
Robert Half Inc.	COM	770323103	5,284,809	78,398	SH		SOLE		78,398	0	0
Royal Gold, Inc.	COM	780287108	5,125,860	36,535	SH		SOLE		36,535	0	0
Royalty Pharma Plc Class A	COM	G7709Q104	13,295,734	469,980	SH		SOLE		352,653	0	117,327
Salesforce, Inc.	COM	79466L302	7,972,625	29,128	SH		SOLE		21,842	0	7,286
SM Energy Company	COM	78454L100	71,649,143	1,792,573	SH		SOLE		1,560,005	0	232,568
Smith & Nephew plc Sponsored A	COM	83175M205	38,588,283	1,239,187	SH		SOLE		1,005,099	0	234,088
Southwest Gas Holdings, Inc.	COM	844895102	86,456,014	1,172,126	SH		SOLE		1,000,630	0	171,496
SS&C Technologies Holdings, In	COM	78467J100	9,143,785	123,215	SH		SOLE		123,215	0	0
St. Joe Company	COM	790148100	6,187,507	106,114	SH		SOLE		106,114	0	0
Starbucks Corporation	COM	855244109	28,454,504	291,871	SH		SOLE		267,731	0	24,140
Summit Materials, Inc. Class A	COM	86614U100	139,256,620	3,567,938	SH		SOLE		3,137,413	0	430,525
Suncor Energy Inc.	COM	867224107	27,447,103	743,421	SH		SOLE		743,421	0	0
Sysco Corporation	COM	871829107	8,571,925	109,812	SH		SOLE		82,310	0	27,502
Talen Energy Corp	COM	87422Q109	277,653,182	1,557,749	SH		SOLE		1,398,237	0	159,512
Target Corporation	COM	87612E106	14,922,192	95,741	SH		SOLE		71,584	0	24,157
TD SYNNEX Corporation	COM	87162W100	103,886,852	865,147	SH		SOLE		708,755	0	156,392
Texas Instruments Incorporated	COM	882508104	10,124,822	49,014	SH		SOLE		36,771	0	12,243
Texas Pacific Land Corporation	COM	88262P102	2,831,168	3,200	SH		SOLE		3,200	0	0
Tidewater Inc	COM	88642R109	4,150,036	57,808	SH		SOLE		57,808	0	0
Trimas Corporation	COM	896215209	37,151,358	1,455,204	SH		SOLE		1,279,541	0	175,663
TripAdvisor, Inc.	COM	896945201	53,179,213	3,670,063	SH		SOLE		3,105,116	0	564,947
TXNM Energy, Inc.	COM	69349H107	119,941,399	2,740,265	SH		SOLE		2,388,548	0	351,717
U.S. Bancorp	COM	902973304	17,428,938	381,127	SH		SOLE		284,901	0	96,226
Ulta Beauty Inc.	COM	90384S303	6,471,066	16,630	SH		SOLE		16,630	0	0
UniFirst Corporation	COM	904708104	169,930,375	855,426	SH		SOLE		731,107	0	124,319
Unilever PLC Sponsored ADR	COM	904767704	35,598,795	548,011	SH		SOLE		451,418	0	96,593
United Parcel Service, Inc. Cl	COM	911312106	17,800,141	130,557	SH		SOLE		97,921	0	32,636
United Parks & Resorts Inc.	COM	81282V100	66,840,880	1,320,966	SH		SOLE		1,142,002	0	178,964
UnitedHealth Group Incorporate	COM	91324P102	24,360,692	41,665	SH		SOLE		41,665	0	0
Vail Resorts, Inc.	COM	91879Q109	59,487,094	341,311	SH		SOLE		302,602	0	38,709
Valaris Ltd.	COM	G9460G101	8,180,086	146,728	SH		SOLE		146,728	0	0
Valmont Industries, Inc.	COM	920253101	3,214,676	11,087	SH		SOLE		11,087	0	0
Viad Corp	COM	92552R406	69,871,976	1,950,097	SH		SOLE		1,631,430	0	318,667
Vistra Corp.	COM	92840M102	41,999,789	354,309	SH		SOLE		280,821	0	73,488
Vontier Corp	COM	928881101	79,510,267	2,356,558	SH		SOLE		2,032,021	0	324,537
Warner Music Group Corp. Class	COM	934550203	6,026,439	192,538	SH		SOLE		144,372	0	48,166
Warrior Met Coal, Inc.	COM	93627C101	55,615,812	870,357	SH		SOLE		760,658	0	109,699
Watsco, Inc.	COM	942622200	6,794,338	13,813	SH		SOLE		10,370	0	3,443
WESCO International, Inc.	COM	95082P105	48,897,970	291,094	SH		SOLE		238,170	0	52,924
WEX Inc.	COM	96208T104	151,103,124	720,465	SH		SOLE		618,771	0	101,694
White Mountains Insurance Grou	COM	G9618E107	200,501,017	118,206	SH		SOLE		100,962	0	17,244
Williams Companies, Inc.	COM	969457100	27,458,658	601,504	SH		SOLE		459,768	0	141,736
Willis Towers Watson Public Li	COM	G96629103	84,721,554	287,650	SH		SOLE		282,144	0	5,506
WillScot Holdings Corporation	COM	971378104	53,008,593	1,409,803	SH		SOLE		1,166,295	0	243,508
World Kinect Corporation	COM	981475106	9,190,656	297,336	SH		SOLE		276,572	0	20,764
Yelp Inc	COM	985817105	43,888,869	1,251,108	SH		SOLE		1,049,706	0	201,402