| 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 |
| Alcoa Corp. | COM | 013872106 | 14,211 | 607,049 | SH | | SOLE | 0 | 519,981 | 0 | 87,068 |
| Altaba Inc. | COM | 021346101 | 24,142 | 348,017 | SH | | SOLE | 0 | 298,024 | 0 | 49,993 |
| American Airlines Group, Inc. | COM | 02376R102 | 91,375 | 2,802,050 | SH | | SOLE | 0 | 2,397,687 | 0 | 404,363 |
| Advance Auto Parts, Inc. | COM | 00751Y106 | 5,756 | 37,344 | SH | | SOLE | 0 | 31,821 | 0 | 5,523 |
| Adient plc | COM | G0084W101 | 15,243 | 628,071 | SH | | SOLE | 0 | 537,249 | 0 | 90,822 |
| Alliance Data Systems Corporation | COM | 018581108 | 6,288 | 44,871 | SH | | SOLE | 0 | 38,422 | 0 | 6,449 |
| American International Group, Inc. | COM | 026874784 | 78,511 | 1,473,558 | SH | | SOLE | 0 | 1,261,031 | 0 | 212,527 |
| American International Group, Inc. Warrants 2011-1 | CONV BONDS | 026874156 | 48,653 | 3,971,643 | PRN | | SOLE | 0 | 3,397,515 | 0 | 574,128 |
| America Movil SAB de CV Sponsored ADR Class L | COM | 02364W105 | 5,207 | 357,624 | SH | | SOLE | 0 | 306,083 | 0 | 51,541 |
| Amazon.com, Inc. | COM | 023135106 | 256,426 | 135,415 | SH | | SOLE | 0 | 115,848 | 0 | 19,567 |
| Anthem, Inc. | COM | 036752103 | 31,675 | 112,239 | SH | | SOLE | 0 | 95,906 | 0 | 16,333 |
| Apache Corporation | COM | 037411105 | 2,777 | 95,851 | SH | | SOLE | 0 | 81,993 | 0 | 13,858 |
| Altice USA, Inc. Class A | COM | 02156K103 | 11,641 | 478,083 | SH | | SOLE | 0 | 408,907 | 0 | 69,176 |
| Activision Blizzard, Inc. | COM | 00507V109 | 20,059 | 424,986 | SH | | SOLE | 0 | 363,364 | 0 | 61,622 |
| Broadcom Inc. | COM | 11135F101 | 11,235 | 39,028 | SH | | SOLE | 0 | 33,363 | 0 | 5,665 |
| American Express Company | COM | 025816109 | 68,064 | 551,393 | SH | | SOLE | 0 | 471,802 | 0 | 79,591 |
| Alibaba Group Holding Ltd. Sponsored ADR | COM | 01609W102 | 3,170 | 18,706 | SH | | SOLE | 0 | 15,728 | 0 | 2,978 |
| Bank of America Corp | COM | 060505104 | 220,111 | 7,590,019 | SH | | SOLE | 0 | 6,489,424 | 0 | 1,100,595 |
| Sotheby s | COM | 835898107 | 14,655 | 252,106 | SH | | SOLE | 0 | 215,934 | 0 | 36,172 |
| Baidu, Inc. Sponsored ADR Class A | COM | 056752108 | 9,983 | 85,063 | SH | | SOLE | 0 | 72,642 | 0 | 12,421 |
| Bio-Rad Laboratories, Inc. Class A | COM | 090572207 | 31,141 | 99,622 | SH | | SOLE | 0 | 84,908 | 0 | 14,714 |
| Booking Holdings Inc. | COM | 09857L108 | 87,952 | 46,915 | SH | | SOLE | 0 | 40,142 | 0 | 6,773 |
| TopBuild Corp. | COM | 89055F103 | 3,806 | 45,983 | SH | | SOLE | 0 | 39,347 | 0 | 6,636 |
| Bristol-Myers Squibb Company | COM | 110122108 | 9,165 | 202,097 | SH | | SOLE | 0 | 173,275 | 0 | 28,822 |
| Berkshire Hathaway Inc. Class B | COM | 084670702 | 82,103 | 385,151 | SH | | SOLE | 0 | 329,410 | 0 | 55,741 |
| Peabody Energy Corporation | COM | 704551100 | 39,045 | 1,620,131 | SH | | SOLE | 0 | 1,386,374 | 0 | 233,757 |
| Citigroup Inc. | COM | 172967424 | 155,733 | 2,223,807 | SH | | SOLE | 0 | 1,900,997 | 0 | 322,810 |
| Avis Budget Group, Inc. | COM | 053774105 | 6,637 | 188,769 | SH | | SOLE | 0 | 161,751 | 0 | 27,018 |
| CBRE Group, Inc. Class A | COM | 12504L109 | 109,408 | 2,132,717 | SH | | SOLE | 0 | 1,826,459 | 0 | 306,258 |
| Citizens Financial Group, Inc. | COM | 174610105 | 36,488 | 1,031,913 | SH | | SOLE | 0 | 882,457 | 0 | 149,456 |
| Charter Communications, Inc. Class A | COM | 16119P108 | 11,636 | 29,445 | SH | | SOLE | 0 | 25,232 | 0 | 4,213 |
| CoreLogic, Inc. | COM | 21871D103 | 16,833 | 402,418 | SH | | SOLE | 0 | 344,020 | 0 | 58,398 |
| CME Group Inc. Class A | COM | 12572Q105 | 2,106 | 10,849 | SH | | SOLE | 0 | 9,416 | 0 | 1,433 |
| Capital One Financial Corporation | COM | 14040H105 | 48,250 | 531,743 | SH | | SOLE | 0 | 454,612 | 0 | 77,131 |
| ConocoPhillips | COM | 20825C104 | 6,046 | 99,120 | SH | | SOLE | 0 | 84,725 | 0 | 14,395 |
| Costco Wholesale Corporation | COM | 22160K105 | 137,929 | 521,945 | SH | | SOLE | 0 | 446,521 | 0 | 75,424 |
| Coty Inc. Class A | COM | 222070203 | 2,500 | 186,599 | SH | | SOLE | 0 | 160,257 | 0 | 26,342 |
| CenturyLink, Inc. | COM | 156700106 | 10,838 | 921,596 | SH | | SOLE | 0 | 787,947 | 0 | 133,649 |
| Ctrip.com International Ltd Sponsored ADR | COM | 22943F100 | 4,620 | 125,182 | SH | | SOLE | 0 | 106,529 | 0 | 18,653 |
| Cognizant Technology Solutions Corporation Class A | COM | 192446102 | 20,009 | 315,648 | SH | | SOLE | 0 | 269,860 | 0 | 45,788 |
| Corteva Inc | COM | 22052L104 | 3,081 | 104,183 | SH | | SOLE | 0 | 89,097 | 0 | 15,086 |
| Cemex SAB de CV Sponsored ADR | COM | 151290889 | 35,769 | 8,435,971 | SH | | SOLE | 0 | 7,213,284 | 0 | 1,222,687 |
| Delta Air Lines, Inc. | COM | 247361702 | 105,688 | 1,862,345 | SH | | SOLE | 0 | 1,593,257 | 0 | 269,088 |
| DuPont de Nemours, Inc. | COM | 26614N102 | 7,821 | 104,182 | SH | | SOLE | 0 | 89,096 | 0 | 15,086 |
| DHT Holdings, Inc. | COM | Y2065G121 | 19,752 | 3,342,107 | SH | | SOLE | 0 | 2,863,159 | 0 | 478,948 |
| Walt Disney Company | COM | 254687106 | 26,233 | 187,865 | SH | | SOLE | 0 | 160,831 | 0 | 27,034 |
| Discovery, Inc. Class A | COM | 25470F104 | 9,556 | 311,268 | SH | | SOLE | 0 | 266,487 | 0 | 44,781 |
| NOW Inc. | COM | 67011P100 | 8,451 | 572,586 | SH | | SOLE | 0 | 490,277 | 0 | 82,309 |
| Dow, Inc. | COM | 260557103 | 5,169 | 104,831 | SH | | SOLE | 0 | 89,745 | 0 | 15,086 |
| Diana Shipping Inc. | COM | Y2066G104 | 17,372 | 5,248,437 | SH | | SOLE | 0 | 4,490,451 | 0 | 757,986 |
| DXC Technology Co. | COM | 23355L106 | 12,671 | 229,747 | SH | | SOLE | 0 | 196,325 | 0 | 33,422 |
| eBay Inc. | COM | 278642103 | 13,193 | 334,004 | SH | | SOLE | 0 | 285,983 | 0 | 48,021 |
| EPAM Systems, Inc. | COM | 29414B104 | 38,278 | 221,131 | SH | | SOLE | 0 | 189,105 | 0 | 32,026 |
| Eldorado Resorts Inc | COM | 28470R102 | 8,318 | 180,562 | SH | | SOLE | 0 | 154,450 | 0 | 26,112 |
| Ensco Rowan Plc Class A | COM | G3157S106 | 7,152 | 838,455 | SH | | SOLE | 0 | 717,247 | 0 | 121,208 |
| Ford Motor Company | COM | 345370860 | 20,344 | 1,988,665 | SH | | SOLE | 0 | 1,700,222 | 0 | 288,443 |
| FirstCash, Inc. | COM | 33767D105 | 19,338 | 193,344 | SH | | SOLE | 0 | 165,239 | 0 | 28,105 |
| Freeport-McMoRan, Inc. | COM | 35671D857 | 17,189 | 1,480,554 | SH | | SOLE | 0 | 1,265,393 | 0 | 215,161 |
| Fluor Corporation | COM | 343412102 | 2,046 | 60,745 | SH | | SOLE | 0 | 52,010 | 0 | 8,735 |
| Federal National Mortgage Association | COM | 313586109 | 1,447 | 536,355 | SH | | SOLE | 0 | 461,036 | 0 | 75,319 |
| Liberty Media Corporation Series A Liberty Formula | COM | 531229870 | 1,631 | 45,473 | SH | | SOLE | 0 | 38,521 | 0 | 6,952 |
| Liberty Media Corporation Series C Liberty Formula | COM | 531229854 | 2,175 | 58,127 | SH | | SOLE | 0 | 49,871 | 0 | 8,256 |
| Graco Inc. | COM | 384109104 | 14,630 | 291,556 | SH | | SOLE | 0 | 249,453 | 0 | 42,103 |
| GCI Liberty, Inc. Class A | COM | 36164V305 | 4,175 | 67,937 | SH | | SOLE | 0 | 58,042 | 0 | 9,895 |
| Golar LNG Limited | COM | G9456A100 | 5,967 | 322,894 | SH | | SOLE | 0 | 275,662 | 0 | 47,232 |
| Corning Inc | COM | 219350105 | 6,109 | 183,832 | SH | | SOLE | 0 | 157,195 | 0 | 26,637 |
| Alphabet Inc. Class C | COM | 02079K107 | 122,767 | 113,577 | SH | | SOLE | 0 | 97,088 | 0 | 16,489 |
| Alphabet Inc. Class A | COM | 02079K305 | 12,462 | 11,509 | SH | | SOLE | 0 | 9,771 | 0 | 1,738 |
| Garmin Ltd. | COM | H2906T109 | 19,596 | 245,563 | SH | | SOLE | 0 | 210,445 | 0 | 35,118 |
| Ferroglobe PLC | COM | G33856108 | 1,257 | 739,349 | SH | | SOLE | 0 | 632,796 | 0 | 106,553 |
| Halliburton Company | COM | 406216101 | 1,700 | 74,751 | SH | | SOLE | 0 | 63,701 | 0 | 11,050 |
| Huntington Bancshares Incorporated | COM | 446150104 | 4,825 | 349,156 | SH | | SOLE | 0 | 298,650 | 0 | 50,506 |
| Hanesbrands Inc. | COM | 410345102 | 16,886 | 980,606 | SH | | SOLE | 0 | 839,011 | 0 | 141,595 |
| Warrior Met Coal, Inc. | COM | 93627C101 | 4,199 | 160,747 | SH | | SOLE | 0 | 137,393 | 0 | 23,354 |
| Hackett Group, Inc. | COM | 404609109 | 20,041 | 1,193,635 | SH | | SOLE | 0 | 1,018,930 | 0 | 174,705 |
| Hewlett Packard Enterprise Co. | COM | 42824C109 | 5,122 | 342,641 | SH | | SOLE | 0 | 292,486 | 0 | 50,155 |
| HP Inc. | COM | 40434L105 | 7,071 | 340,093 | SH | | SOLE | 0 | 292,316 | 0 | 47,777 |
| Hertz Global Holdings, Inc. | COM | 42806J106 | 918 | 57,498 | SH | | SOLE | 0 | 49,953 | 0 | 7,545 |
| Hertz Global Holdings Inc Rights 2019-12.07.19 Whe | CONV BONDS | 42806J114 | 112 | 57,498 | PRN | | SOLE | 0 | 49,953 | 0 | 7,545 |
| IHEARTMEDIA INC PRIVATE | COM | 451ESC032 | 0 | 342,478 | SH | | SOLE | 0 | 327,826 | 0 | 14,652 |
| iShares MSCI India ETF | COM | 46429B598 | 27,741 | 785,875 | SH | | SOLE | 0 | 785,875 | 0 | 0 |
| International Seaways, Inc. | COM | Y41053102 | 7,619 | 401,006 | SH | | SOLE | 0 | 342,877 | 0 | 58,129 |
| Intel Corporation | COM | 458140100 | 15,360 | 320,873 | SH | | SOLE | 0 | 274,886 | 0 | 45,987 |
| Gartner, Inc. | COM | 366651107 | 28,920 | 179,696 | SH | | SOLE | 0 | 153,957 | 0 | 25,739 |
| JD.com, Inc. Sponsored ADR Class A | COM | 47215P106 | 50,957 | 1,682,307 | SH | | SOLE | 0 | 1,436,415 | 0 | 245,892 |
| Jefferies Financial Group Inc. | COM | 47233W109 | 19,154 | 996,033 | SH | | SOLE | 0 | 851,937 | 0 | 144,096 |
| JPMorgan Chase & Co. | COM | 46625H100 | 44,656 | 399,427 | SH | | SOLE | 0 | 341,191 | 0 | 58,236 |
| KKR & Co. Inc. Class A | COM | 48251W104 | 19,587 | 775,094 | SH | | SOLE | 0 | 662,894 | 0 | 112,200 |
| KLA-Tencor Corporation | COM | 482480100 | 16,093 | 136,147 | SH | | SOLE | 0 | 116,476 | 0 | 19,671 |
| Kroger Co. | COM | 501044101 | 30,179 | 1,390,115 | SH | | SOLE | 0 | 1,188,781 | 0 | 201,334 |
| Kansas City Southern | COM | 485170302 | 16,757 | 137,556 | SH | | SOLE | 0 | 117,464 | 0 | 20,092 |
| KT Corporation Sponsored ADR | COM | 48268K101 | 527 | 42,598 | SH | | SOLE | 0 | 42,598 | 0 | 0 |
| Loews Corporation | COM | 540424108 | 10,382 | 189,902 | SH | | SOLE | 0 | 162,704 | 0 | 27,198 |
| Lazard Ltd Class A | COM | G54050102 | 31,267 | 909,196 | SH | | SOLE | 0 | 778,203 | 0 | 130,993 |
| Liberty Broadband Corp. Class A | COM | 530307107 | 507 | 4,929 | SH | | SOLE | 0 | 4,204 | 0 | 725 |
| Liberty Broadband Corp. Class C | COM | 530307305 | 8,165 | 78,343 | SH | | SOLE | 0 | 66,479 | 0 | 11,864 |
| Liberty Global Plc Class A | COM | G5480U104 | 30,540 | 1,131,518 | SH | | SOLE | 0 | 965,765 | 0 | 165,753 |
| Liberty Global Plc Class C | COM | G5480U120 | 31,677 | 1,193,998 | SH | | SOLE | 0 | 1,019,803 | 0 | 174,195 |
| Lear Corporation | COM | 521865204 | 7,904 | 56,752 | SH | | SOLE | 0 | 48,552 | 0 | 8,200 |
| Liberty Expedia Holdings Inc Class A | COM | 53046P109 | 514 | 10,754 | SH | | SOLE | 0 | 9,102 | 0 | 1,652 |
| Lions Gate Entertainment Corp Class B | COM | 535919500 | 285 | 24,559 | SH | | SOLE | 0 | 21,001 | 0 | 3,558 |
| Liberty Latin America Ltd. Class A | COM | G9001E102 | 4,777 | 277,266 | SH | | SOLE | 0 | 234,933 | 0 | 42,333 |
| Liberty Latin America Ltd. Class C | COM | G9001E128 | 6,578 | 382,642 | SH | | SOLE | 0 | 325,175 | 0 | 57,467 |
| LivaNova Plc | COM | G5509L101 | 22,374 | 310,920 | SH | | SOLE | 0 | 265,577 | 0 | 45,343 |
| Lowe s Companies, Inc. | COM | 548661107 | 6,505 | 64,464 | SH | | SOLE | 0 | 54,979 | 0 | 9,485 |
| Louisiana-Pacific Corporation | COM | 546347105 | 6,939 | 264,635 | SH | | SOLE | 0 | 225,827 | 0 | 38,808 |
| Lam Research Corporation | COM | 512807108 | 3,919 | 20,863 | SH | | SOLE | 0 | 17,812 | 0 | 3,051 |
| Liberty Media Corp. Series A Liberty SiriusXM | COM | 531229409 | 10,060 | 266,073 | SH | | SOLE | 0 | 226,620 | 0 | 39,453 |
| Liberty Media Corp. Series C Liberty SiriusXM | COM | 531229607 | 13,004 | 342,379 | SH | | SOLE | 0 | 292,807 | 0 | 49,572 |
| Liberty TripAdvisor Holdings Inc Class A | COM | 531465102 | 3,872 | 312,223 | SH | | SOLE | 0 | 265,387 | 0 | 46,836 |
| LyondellBasell Industries NV | COM | N53745100 | 7,198 | 83,570 | SH | | SOLE | 0 | 71,667 | 0 | 11,903 |
| Masco Corporation | COM | 574599106 | 12,519 | 319,043 | SH | | SOLE | 0 | 272,801 | 0 | 46,242 |
| MBIA Inc. | COM | 55262C100 | 34,755 | 3,733,044 | SH | | SOLE | 0 | 3,188,808 | 0 | 544,236 |
| McKesson Corporation | COM | 58155Q103 | 6,918 | 51,478 | SH | | SOLE | 0 | 43,978 | 0 | 7,500 |
| Moody s Corporation | COM | 615369105 | 5,625 | 28,799 | SH | | SOLE | 0 | 24,604 | 0 | 4,195 |
| Micro Focus International plc Sponsored ADR | COM | 594837403 | 9,886 | 377,482 | SH | | SOLE | 0 | 323,288 | 0 | 54,194 |
| MGM Resorts International | COM | 552953101 | 57,063 | 1,997,321 | SH | | SOLE | 0 | 1,707,759 | 0 | 289,562 |
| Mohawk Industries, Inc. | COM | 608190104 | 16,481 | 111,758 | SH | | SOLE | 0 | 95,717 | 0 | 16,041 |
| Markel Corporation | COM | 570535104 | 20,836 | 19,123 | SH | | SOLE | 0 | 16,320 | 0 | 2,803 |
| Altria Group Inc | COM | 02209S103 | 10,269 | 216,865 | SH | | SOLE | 0 | 166,064 | 0 | 50,801 |
| Marathon Petroleum Corporation | COM | 56585A102 | 17,324 | 310,016 | SH | | SOLE | 0 | 266,325 | 0 | 43,691 |
| Morgan Stanley | COM | 617446448 | 16,642 | 379,878 | SH | | SOLE | 0 | 324,716 | 0 | 55,162 |
| Microsoft Corporation | COM | 594918104 | 47,731 | 356,306 | SH | | SOLE | 0 | 304,686 | 0 | 51,620 |
| Micron Technology, Inc. | COM | 595112103 | 46,733 | 1,211,014 | SH | | SOLE | 0 | 1,034,816 | 0 | 176,198 |
| Ingevity Corporation | COM | 45688C107 | 2,435 | 23,157 | SH | | SOLE | 0 | 19,733 | 0 | 3,424 |
| Noah Holdings Ltd. Sponsored ADR Class A | COM | 65487X102 | 8,847 | 207,914 | SH | | SOLE | 0 | 177,954 | 0 | 29,960 |
| NetEase, Inc. Sponsored ADR | COM | 64110W102 | 29,447 | 115,130 | SH | | SOLE | 0 | 98,434 | 0 | 16,696 |
| NVIDIA Corporation | COM | 67066G104 | 7,274 | 44,290 | SH | | SOLE | 0 | 37,891 | 0 | 6,399 |
| Petroleo Brasileiro SA Sponsored ADR | COM | 71654V408 | 26,428 | 1,697,340 | SH | | SOLE | 0 | 1,452,149 | 0 | 245,191 |
| Philip Morris International Inc. | COM | 718172109 | 19,166 | 244,056 | SH | | SOLE | 0 | 187,098 | 0 | 56,958 |
| PNC Financial Services Group, Inc. | COM | 693475105 | 25,274 | 184,106 | SH | | SOLE | 0 | 157,349 | 0 | 26,757 |
| Perspecta, Inc. | COM | 715347100 | 2,638 | 112,683 | SH | | SOLE | 0 | 96,085 | 0 | 16,598 |
| PayPal Holdings Inc | COM | 70450Y103 | 129,253 | 1,129,244 | SH | | SOLE | 0 | 966,716 | 0 | 162,528 |
| Qurate Retail, Inc. Class A | COM | 74915M100 | 8,571 | 691,794 | SH | | SOLE | 0 | 591,316 | 0 | 100,478 |
| Raytheon Company | COM | 755111507 | 12,586 | 72,386 | SH | | SOLE | 0 | 61,778 | 0 | 10,608 |
| Ryanair Holdings Plc Sponsored ADR | COM | 783513203 | 27,899 | 434,965 | SH | | SOLE | 0 | 347,237 | 0 | 87,728 |
| Scorpio Bulkers, Inc. | COM | Y7546A122 | 5,064 | 1,100,926 | SH | | SOLE | 0 | 940,884 | 0 | 160,042 |
| Spirit Airlines, Inc. | COM | 848577102 | 8,755 | 183,422 | SH | | SOLE | 0 | 156,309 | 0 | 27,113 |
| Southern Copper Corporation | COM | 84265V105 | 11,890 | 306,054 | SH | | SOLE | 0 | 261,469 | 0 | 44,585 |
| Sherwin-Williams Company | COM | 824348106 | 36,040 | 78,641 | SH | | SOLE | 0 | 67,309 | 0 | 11,332 |
| SL Green Realty Corp. | COM | 78440X101 | 17,340 | 215,748 | SH | | SOLE | 0 | 184,678 | 0 | 31,070 |
| Scotts Miracle-Gro Company Class A | COM | 810186106 | 10,679 | 108,415 | SH | | SOLE | 0 | 92,821 | 0 | 15,594 |
| Steel Dynamics, Inc. | COM | 858119100 | 4,419 | 146,315 | SH | | SOLE | 0 | 125,144 | 0 | 21,171 |
| Scorpio Tankers Inc. | COM | Y7542C130 | 35,071 | 1,188,054 | SH | | SOLE | 0 | 1,015,471 | 0 | 172,583 |
| Seagate Technology PLC | COM | G7945M107 | 18,974 | 402,667 | SH | | SOLE | 0 | 344,305 | 0 | 58,362 |
| Synchrony Financial | COM | 87165B103 | 46,468 | 1,340,297 | SH | | SOLE | 0 | 1,144,836 | 0 | 195,461 |
| Thor Industries, Inc. | COM | 885160101 | 4,824 | 82,539 | SH | | SOLE | 0 | 70,581 | 0 | 11,958 |
| Tribune Publishing Co. | COM | 89609W107 | 337 | 42,324 | SH | | SOLE | 0 | 36,412 | 0 | 5,912 |
| Tractor Supply Company | COM | 892356106 | 52,074 | 478,623 | SH | | SOLE | 0 | 409,537 | 0 | 69,086 |
| Taiwan Semiconductor Manufacturing Co., Ltd. Spons | COM | 874039100 | 67,417 | 1,721,150 | SH | | SOLE | 0 | 1,470,653 | 0 | 250,497 |
| Texas Instruments Incorporated | COM | 882508104 | 12,250 | 106,746 | SH | | SOLE | 0 | 91,202 | 0 | 15,544 |
| United Continental Holdings, Inc. | COM | 910047109 | 29,257 | 334,176 | SH | | SOLE | 0 | 286,060 | 0 | 48,116 |
| Net 1 UEPS Technologies, Inc. | COM | 64107N206 | 2,264 | 566,012 | SH | | SOLE | 0 | 483,997 | 0 | 82,015 |
| Union Pacific Corporation | COM | 907818108 | 32,757 | 193,701 | SH | | SOLE | 0 | 165,829 | 0 | 27,872 |
| Marriott Vacations Worldwide Corporation | COM | 57164Y107 | 3,867 | 40,114 | SH | | SOLE | 0 | 34,312 | 0 | 5,802 |
| Veeco Instruments Inc. | COM | 922417100 | 5,355 | 438,187 | SH | | SOLE | 0 | 374,031 | 0 | 64,156 |
| VICI Properties Inc | COM | 925652109 | 4,295 | 194,876 | SH | | SOLE | 0 | 166,514 | 0 | 28,362 |
| Vipshop Holdings Ltd Sponsored ADR | COM | 92763W103 | 13,115 | 1,519,703 | SH | | SOLE | 0 | 1,298,818 | 0 | 220,885 |
| Venator Materials PLC | COM | G9329Z100 | 3,723 | 703,751 | SH | | SOLE | 0 | 601,846 | 0 | 101,905 |
| Verisk Analytics Inc | COM | 92345Y106 | 10,210 | 69,714 | SH | | SOLE | 0 | 59,567 | 0 | 10,147 |
| Vista Outdoor Inc | COM | 928377100 | 4,879 | 549,490 | SH | | SOLE | 0 | 469,269 | 0 | 80,221 |
| AquaVenture Holdings Limited | COM | G0443N107 | 5,878 | 294,353 | SH | | SOLE | 0 | 251,421 | 0 | 42,932 |
| Western Digital Corporation | COM | 958102105 | 6,209 | 130,572 | SH | | SOLE | 0 | 111,563 | 0 | 19,009 |
| Wells Fargo & Company | COM | 949746101 | 63,543 | 1,342,833 | SH | | SOLE | 0 | 1,148,070 | 0 | 194,763 |
| Whirlpool Corporation | COM | 963320106 | 3,548 | 24,923 | SH | | SOLE | 0 | 21,295 | 0 | 3,628 |
| Willis Towers Watson Public Limited Company | COM | G96629103 | 33,470 | 174,744 | SH | | SOLE | 0 | 149,409 | 0 | 25,335 |
| Walmart Inc. | COM | 931142103 | 31,715 | 287,044 | SH | | SOLE | 0 | 245,298 | 0 | 41,746 |
| WestRock Company | COM | 96145D105 | 4,913 | 134,723 | SH | | SOLE | 0 | 115,938 | 0 | 18,785 |
| 58.com Inc. Sponsored ADR Class A | COM | 31680Q104 | 11,919 | 191,715 | SH | | SOLE | 0 | 164,007 | 0 | 27,708 |
| Yandex NV Class A | COM | N97284108 | 19,647 | 517,029 | SH | | SOLE | 0 | 441,991 | 0 | 75,038 |
