| 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 | 22,406 | 972,049 | SH | | SOLE | 0 | 810,471 | 0 | 161,578 |
| American Airlines Group, Inc. | COM | 02376R102 | 26,483 | 1,679,314 | SH | | SOLE | 0 | 1,398,749 | 0 | 280,565 |
| Advance Auto Parts, Inc. | COM | 00751Y106 | 4,585 | 29,112 | SH | | SOLE | 0 | 24,134 | 0 | 4,978 |
| Adient plc | COM | G0084W101 | 17,004 | 489,038 | SH | | SOLE | 0 | 406,910 | 0 | 82,128 |
| Alliance Data Systems Corporation | COM | 018581108 | 2,594 | 35,005 | SH | | SOLE | 0 | 29,178 | 0 | 5,827 |
| American International Group, Inc. | COM | 026874784 | 64,112 | 1,693,407 | SH | | SOLE | 0 | 1,410,981 | 0 | 282,426 |
| American International Group, Inc. Warrants 2011-1 | CONV BONDS | 026874156 | 358 | 2,981,990 | PRN | | SOLE | 0 | 2,481,655 | 0 | 500,335 |
| America Movil SAB de CV Sponsored ADR Class L | COM | 02364W105 | 4,169 | 286,730 | SH | | SOLE | 0 | 238,759 | 0 | 47,971 |
| Amazon.com, Inc. | COM | 023135106 | 252,327 | 77,474 | SH | | SOLE | 0 | 64,526 | 0 | 12,948 |
| Anthem, Inc. | COM | 036752103 | 27,886 | 86,848 | SH | | SOLE | 0 | 72,260 | 0 | 14,588 |
| Apache Corporation | COM | 037411105 | 5,173 | 364,578 | SH | | SOLE | 0 | 303,370 | 0 | 61,208 |
| Altice USA, Inc. Class A | COM | 02156K103 | 22,368 | 590,644 | SH | | SOLE | 0 | 491,777 | 0 | 98,867 |
| Activision Blizzard, Inc. | COM | 00507V109 | 30,659 | 330,199 | SH | | SOLE | 0 | 274,584 | 0 | 55,615 |
| Broadcom Inc. | COM | 11135F101 | 13,257 | 30,277 | SH | | SOLE | 0 | 25,177 | 0 | 5,100 |
| American Express Company | COM | 025816109 | 76,568 | 633,263 | SH | | SOLE | 0 | 526,830 | 0 | 106,433 |
| Bank of America Corp | COM | 060505104 | 195,907 | 6,463,455 | SH | | SOLE | 0 | 5,377,911 | 0 | 1,085,544 |
| Credicorp Ltd. | COM | G2519Y108 | 13,655 | 83,251 | SH | | SOLE | 0 | 69,302 | 0 | 13,949 |
| Baidu, Inc. Sponsored ADR Class A | COM | 056752108 | 14,285 | 66,060 | SH | | SOLE | 0 | 54,858 | 0 | 11,202 |
| Bio-Rad Laboratories, Inc. Class A | COM | 090572207 | 44,714 | 76,705 | SH | | SOLE | 0 | 63,665 | 0 | 13,040 |
| Booking Holdings Inc. | COM | 09857L108 | 100,163 | 44,971 | SH | | SOLE | 0 | 37,439 | 0 | 7,532 |
| TopBuild Corp. | COM | 89055F103 | 6,536 | 35,509 | SH | | SOLE | 0 | 29,590 | 0 | 5,919 |
| Bristol-Myers Squibb Company | COM | 110122108 | 9,827 | 158,421 | SH | | SOLE | 0 | 131,856 | 0 | 26,565 |
| Berkshire Hathaway Inc. Class B | COM | 084670702 | 72,569 | 312,972 | SH | | SOLE | 0 | 260,377 | 0 | 52,595 |
| Peabody Energy Corporation | COM | 704551100 | 5,877 | 2,438,702 | SH | | SOLE | 0 | 2,030,254 | 0 | 408,448 |
| Citigroup Inc. | COM | 172967424 | 112,828 | 1,829,841 | SH | | SOLE | 0 | 1,524,146 | 0 | 305,695 |
| Avis Budget Group, Inc. | COM | 053774105 | 5,506 | 147,613 | SH | | SOLE | 0 | 123,006 | 0 | 24,607 |
| CBRE Group, Inc. Class A | COM | 12504L109 | 106,331 | 1,695,331 | SH | | SOLE | 0 | 1,413,336 | 0 | 281,995 |
| Citizens Financial Group, Inc. | COM | 174610105 | 27,026 | 755,769 | SH | | SOLE | 0 | 630,348 | 0 | 125,421 |
| Charter Communications, Inc. Class A | COM | 16119P108 | 15,225 | 23,014 | SH | | SOLE | 0 | 19,201 | 0 | 3,813 |
| CoreLogic, Inc. | COM | 21871D103 | 15,781 | 204,094 | SH | | SOLE | 0 | 170,176 | 0 | 33,918 |
| CME Group Inc. Class A | COM | 12572Q105 | 2,409 | 13,230 | SH | | SOLE | 0 | 11,031 | 0 | 2,199 |
| Centene Corporation | COM | 15135B101 | 4,001 | 66,658 | SH | | SOLE | 0 | 55,551 | 0 | 11,107 |
| Capital One Financial Corporation | COM | 14040H105 | 40,709 | 411,823 | SH | | SOLE | 0 | 343,006 | 0 | 68,817 |
| ConocoPhillips | COM | 20825C104 | 3,086 | 77,164 | SH | | SOLE | 0 | 64,167 | 0 | 12,997 |
| Costco Wholesale Corporation | COM | 22160K105 | 141,794 | 376,332 | SH | | SOLE | 0 | 313,400 | 0 | 62,932 |
| Copa Holdings, S.A. Class A | COM | P31076105 | 10,274 | 133,037 | SH | | SOLE | 0 | 110,856 | 0 | 22,181 |
| Cognizant Technology Solutions Corporation Class A | COM | 192446102 | 5,633 | 68,740 | SH | | SOLE | 0 | 57,212 | 0 | 11,528 |
| Corteva Inc | COM | 22052L104 | 3,134 | 80,941 | SH | | SOLE | 0 | 67,311 | 0 | 13,630 |
| Cemex SAB de CV Sponsored ADR | COM | 151290889 | 37,321 | 7,218,675 | SH | | SOLE | 0 | 6,013,033 | 0 | 1,205,642 |
| Caesars Entertainment Inc | COM | 12769G100 | 10,422 | 140,326 | SH | | SOLE | 0 | 116,766 | 0 | 23,560 |
| Delta Air Lines, Inc. | COM | 247361702 | 75,097 | 1,867,628 | SH | | SOLE | 0 | 1,554,690 | 0 | 312,938 |
| DuPont de Nemours, Inc. | COM | 26614N102 | 5,758 | 80,971 | SH | | SOLE | 0 | 67,341 | 0 | 13,630 |
| DHT Holdings, Inc. | COM | Y2065G121 | 18,354 | 3,509,463 | SH | | SOLE | 0 | 2,924,500 | 0 | 584,963 |
| Walt Disney Company | COM | 254687106 | 62,877 | 347,041 | SH | | SOLE | 0 | 289,079 | 0 | 57,962 |
| NOW Inc. | COM | 67011P100 | 2,794 | 389,117 | SH | | SOLE | 0 | 324,430 | 0 | 64,687 |
| Dow, Inc. | COM | 260557103 | 4,512 | 81,290 | SH | | SOLE | 0 | 67,659 | 0 | 13,631 |
| Diana Shipping Inc. | COM | Y2066G104 | 11,048 | 5,724,407 | SH | | SOLE | 0 | 4,769,571 | 0 | 954,836 |
| DXC Technology Co. | COM | 23355L106 | 18,973 | 736,821 | SH | | SOLE | 0 | 614,385 | 0 | 122,436 |
| eBay Inc. | COM | 278642103 | 13,115 | 260,991 | SH | | SOLE | 0 | 217,443 | 0 | 43,548 |
| EPAM Systems, Inc. | COM | 29414B104 | 41,298 | 115,245 | SH | | SOLE | 0 | 95,942 | 0 | 19,303 |
| Expedia Group, Inc. | COM | 30212P303 | 428 | 3,230 | SH | | SOLE | 0 | 2,706 | 0 | 524 |
| Ford Motor Company | COM | 345370860 | 10,779 | 1,226,311 | SH | | SOLE | 0 | 1,022,717 | 0 | 203,594 |
| Facebook, Inc. Class A | COM | 30303M102 | 20,212 | 73,994 | SH | | SOLE | 0 | 61,645 | 0 | 12,349 |
| FirstCash, Inc. | COM | 33767D105 | 16,915 | 241,508 | SH | | SOLE | 0 | 201,123 | 0 | 40,385 |
| Freeport-McMoRan, Inc. | COM | 35671D857 | 50,924 | 1,957,123 | SH | | SOLE | 0 | 1,629,300 | 0 | 327,823 |
| Federal National Mortgage Association | COM | 313586109 | 1,021 | 427,224 | SH | | SOLE | 0 | 358,592 | 0 | 68,632 |
| Liberty Media Corporation Series A Liberty Formula | COM | 531229870 | 1,390 | 36,589 | SH | | SOLE | 0 | 30,398 | 0 | 6,191 |
| Liberty Media Corporation Series C Liberty Formula | COM | 531229854 | 10,609 | 249,044 | SH | | SOLE | 0 | 207,798 | 0 | 41,246 |
| Graco Inc. | COM | 384109104 | 16,440 | 227,225 | SH | | SOLE | 0 | 189,081 | 0 | 38,144 |
| Golar LNG Limited | COM | G9456A100 | 3,580 | 371,417 | SH | | SOLE | 0 | 309,318 | 0 | 62,099 |
| Corning Inc | COM | 219350105 | 5,172 | 143,678 | SH | | SOLE | 0 | 119,265 | 0 | 24,413 |
| Alphabet Inc. Class C | COM | 02079K107 | 135,753 | 77,490 | SH | | SOLE | 0 | 64,547 | 0 | 12,943 |
| Alphabet Inc. Class A | COM | 02079K305 | 15,567 | 8,882 | SH | | SOLE | 0 | 7,303 | 0 | 1,579 |
| Garmin Ltd. | COM | H2906T109 | 22,876 | 191,174 | SH | | SOLE | 0 | 159,374 | 0 | 31,800 |
| Ferroglobe PLC | COM | G33856108 | 6,243 | 3,806,843 | SH | | SOLE | 0 | 3,170,439 | 0 | 636,404 |
| Huntington Bancshares Incorporated | COM | 446150104 | 3,444 | 272,672 | SH | | SOLE | 0 | 226,814 | 0 | 45,858 |
| Hanesbrands Inc. | COM | 410345102 | 11,142 | 764,225 | SH | | SOLE | 0 | 636,055 | 0 | 128,170 |
| Warrior Met Coal, Inc. | COM | 93627C101 | 9,711 | 455,486 | SH | | SOLE | 0 | 379,224 | 0 | 76,262 |
| Hackett Group, Inc. | COM | 404609109 | 13,362 | 928,587 | SH | | SOLE | 0 | 769,790 | 0 | 158,797 |
| Hewlett Packard Enterprise Co. | COM | 42824C109 | 3,163 | 266,878 | SH | | SOLE | 0 | 221,216 | 0 | 45,662 |
| HP Inc. | COM | 40434L105 | 6,521 | 265,205 | SH | | SOLE | 0 | 221,914 | 0 | 43,291 |
| Hertz Global Holdings, Inc. | COM | 42806J106 | 99 | 77,453 | SH | | SOLE | 0 | 66,038 | 0 | 11,415 |
| iShares MSCI India ETF | COM | 46429B598 | 5,799 | 144,193 | SH | | SOLE | 0 | 144,193 | 0 | 0 |
| International Seaways, Inc. | COM | Y41053102 | 6,548 | 400,995 | SH | | SOLE | 0 | 334,105 | 0 | 66,890 |
| Intel Corporation | COM | 458140100 | 12,504 | 250,987 | SH | | SOLE | 0 | 209,294 | 0 | 41,693 |
| Gartner, Inc. | COM | 366651107 | 22,382 | 139,721 | SH | | SOLE | 0 | 116,386 | 0 | 23,335 |
| Jefferies Financial Group Inc. | COM | 47233W109 | 19,045 | 774,188 | SH | | SOLE | 0 | 644,061 | 0 | 130,127 |
| JPMorgan Chase & Co. | COM | 46625H100 | 24,265 | 190,956 | SH | | SOLE | 0 | 158,408 | 0 | 32,548 |
| KKR & Co. Inc. | COM | 48251W104 | 24,304 | 600,258 | SH | | SOLE | 0 | 498,651 | 0 | 101,607 |
| KLA Corporation | COM | 482480100 | 27,426 | 105,929 | SH | | SOLE | 0 | 88,177 | 0 | 17,752 |
| Kroger Co. | COM | 501044101 | 31,340 | 986,788 | SH | | SOLE | 0 | 821,340 | 0 | 165,448 |
| Kansas City Southern | COM | 485170302 | 21,783 | 106,710 | SH | | SOLE | 0 | 88,599 | 0 | 18,111 |
| KT Corporation Sponsored ADR | COM | 48268K101 | 237 | 21,564 | SH | | SOLE | 0 | 21,564 | 0 | 0 |
| Loews Corporation | COM | 540424108 | 6,647 | 147,648 | SH | | SOLE | 0 | 123,098 | 0 | 24,550 |
| Lazard Ltd Class A | COM | G54050102 | 27,481 | 649,664 | SH | | SOLE | 0 | 541,693 | 0 | 107,971 |
| Liberty Broadband Corp. Class A | COM | 530307107 | 643 | 4,081 | SH | | SOLE | 0 | 3,449 | 0 | 632 |
| Liberty Broadband Corp. Class C | COM | 530307305 | 14,991 | 94,656 | SH | | SOLE | 0 | 78,789 | 0 | 15,867 |
| Liberty Global Plc Class A | COM | G5480U104 | 18,234 | 752,836 | SH | | SOLE | 0 | 624,800 | 0 | 128,036 |
| Liberty Global Plc Class C | COM | G5480U120 | 18,883 | 798,431 | SH | | SOLE | 0 | 663,261 | 0 | 135,170 |
| Lear Corporation | COM | 521865204 | 7,039 | 44,259 | SH | | SOLE | 0 | 36,859 | 0 | 7,400 |
| Lions Gate Entertainment Corp Class B | COM | 535919500 | 208 | 20,062 | SH | | SOLE | 0 | 16,882 | 0 | 3,180 |
| Liberty Latin America Ltd. Class A | COM | G9001E102 | 2,086 | 187,415 | SH | | SOLE | 0 | 154,489 | 0 | 32,926 |
| Liberty Latin America Ltd. Class C | COM | G9001E128 | 4,185 | 377,358 | SH | | SOLE | 0 | 311,963 | 0 | 65,395 |
| LivaNova Plc | COM | G5509L101 | 16,006 | 241,741 | SH | | SOLE | 0 | 201,119 | 0 | 40,622 |
| Lowe s Companies, Inc. | COM | 548661107 | 8,045 | 50,123 | SH | | SOLE | 0 | 41,538 | 0 | 8,585 |
| Louisiana-Pacific Corporation | COM | 546347105 | 7,678 | 206,562 | SH | | SOLE | 0 | 171,359 | 0 | 35,203 |
| Lam Research Corporation | COM | 512807108 | 7,687 | 16,277 | SH | | SOLE | 0 | 13,525 | 0 | 2,752 |
| Liberty Media Corp. Series A Liberty SiriusXM | COM | 531229409 | 2,699 | 62,489 | SH | | SOLE | 0 | 51,906 | 0 | 10,583 |
| Liberty Media Corp. Series C Liberty SiriusXM | COM | 531229607 | 6,126 | 140,789 | SH | | SOLE | 0 | 117,142 | 0 | 23,647 |
| Liberty TripAdvisor Holdings Inc Class A | COM | 531465102 | 55 | 12,620 | SH | | SOLE | 0 | 10,794 | 0 | 1,826 |
| Lumen Technologies, Inc. | COM | 156700106 | 7,011 | 719,061 | SH | | SOLE | 0 | 598,313 | 0 | 120,748 |
| LyondellBasell Industries NV | COM | N53745100 | 5,954 | 64,961 | SH | | SOLE | 0 | 54,298 | 0 | 10,663 |
| Masco Corporation | COM | 574599106 | 9,713 | 176,816 | SH | | SOLE | 0 | 147,311 | 0 | 29,505 |
| MBIA Inc. | COM | 55262C100 | 13,820 | 2,100,243 | SH | | SOLE | 0 | 1,742,807 | 0 | 357,436 |
| McKesson Corporation | COM | 58155Q103 | 5,924 | 34,063 | SH | | SOLE | 0 | 28,298 | 0 | 5,765 |
| Micro Focus International plc Sponsored ADR | COM | 594837403 | 1,689 | 295,790 | SH | | SOLE | 0 | 246,631 | 0 | 49,159 |
| MGM Resorts International | COM | 552953101 | 52,184 | 1,656,101 | SH | | SOLE | 0 | 1,379,191 | 0 | 276,910 |
| Mohawk Industries, Inc. | COM | 608190104 | 9,225 | 65,448 | SH | | SOLE | 0 | 54,652 | 0 | 10,796 |
| Markel Corporation | COM | 570535104 | 21,819 | 21,116 | SH | | SOLE | 0 | 17,580 | 0 | 3,536 |
| Altria Group Inc | COM | 02209S103 | 7,936 | 193,564 | SH | | SOLE | 0 | 129,518 | 0 | 64,046 |
| Marathon Petroleum Corporation | COM | 56585A102 | 12,131 | 293,308 | SH | | SOLE | 0 | 244,292 | 0 | 49,016 |
| Morgan Stanley | COM | 617446448 | 20,188 | 294,581 | SH | | SOLE | 0 | 244,760 | 0 | 49,821 |
| Microsoft Corporation | COM | 594918104 | 47,358 | 212,922 | SH | | SOLE | 0 | 177,221 | 0 | 35,701 |
| Micron Technology, Inc. | COM | 595112103 | 66,256 | 881,300 | SH | | SOLE | 0 | 732,382 | 0 | 148,918 |
| Ingevity Corporation | COM | 45688C107 | 1,400 | 18,489 | SH | | SOLE | 0 | 15,390 | 0 | 3,099 |
| Noah Holdings Ltd. Sponsored ADR Class A | COM | 65487X102 | 6,399 | 133,842 | SH | | SOLE | 0 | 111,050 | 0 | 22,792 |
| NVIDIA Corporation | COM | 67066G104 | 18,010 | 34,489 | SH | | SOLE | 0 | 28,713 | 0 | 5,776 |
| Petroleo Brasileiro SA Sponsored ADR | COM | 71654V408 | 14,802 | 1,318,063 | SH | | SOLE | 0 | 1,096,556 | 0 | 221,507 |
| Philip Morris International Inc. | COM | 718172109 | 12,580 | 151,946 | SH | | SOLE | 0 | 101,725 | 0 | 50,221 |
| PNC Financial Services Group, Inc. | COM | 693475105 | 20,017 | 134,341 | SH | | SOLE | 0 | 111,549 | 0 | 22,792 |
| Perspecta, Inc. | COM | 715347100 | 1,445 | 60,017 | SH | | SOLE | 0 | 49,664 | 0 | 10,353 |
| PayPal Holdings Inc | COM | 70450Y103 | 138,213 | 590,151 | SH | | SOLE | 0 | 491,477 | 0 | 98,674 |
| Qurate Retail Inc Pfd Shr | COM | 74915M308 | 1,621 | 16,370 | SH | | SOLE | 0 | 13,632 | 0 | 2,738 |
| Qurate Retail, Inc. Class A | COM | 74915M100 | 5,961 | 543,413 | SH | | SOLE | 0 | 452,338 | 0 | 91,075 |
| Raytheon Technologies Corporation | COM | 75513E101 | 9,460 | 132,290 | SH | | SOLE | 0 | 109,921 | 0 | 22,369 |
| Ryanair Holdings Plc Sponsored ADR | COM | 783513203 | 53,244 | 484,122 | SH | | SOLE | 0 | 381,712 | 0 | 102,410 |
| Scorpio Bulkers, Inc. | COM | Y7546A130 | 1,366 | 80,696 | SH | | SOLE | 0 | 67,016 | 0 | 13,680 |
| Spirit Airlines, Inc. | COM | 848577102 | 3,493 | 142,854 | SH | | SOLE | 0 | 118,293 | 0 | 24,561 |
| Southern Copper Corporation | COM | 84265V105 | 15,545 | 238,707 | SH | | SOLE | 0 | 198,421 | 0 | 40,286 |
| Charles Schwab Corporation | COM | 808513105 | 34,424 | 649,018 | SH | | SOLE | 0 | 540,040 | 0 | 108,978 |
| Sherwin-Williams Company | COM | 824348106 | 44,874 | 61,061 | SH | | SOLE | 0 | 50,806 | 0 | 10,255 |
| SL Green Realty Corp. | COM | 78440X101 | 22,833 | 383,228 | SH | | SOLE | 0 | 319,515 | 0 | 63,713 |
| Scotts Miracle-Gro Company Class A | COM | 810186106 | 16,833 | 84,526 | SH | | SOLE | 0 | 70,379 | 0 | 14,147 |
| Spectrum Brands Holdings, Inc. | COM | 84790A105 | 921 | 11,666 | SH | | SOLE | 0 | 9,759 | 0 | 1,907 |
| Spotify Technology SA | COM | L8681T102 | 6,710 | 21,325 | SH | | SOLE | 0 | 17,759 | 0 | 3,566 |
| Steel Dynamics, Inc. | COM | 858119100 | 4,186 | 113,530 | SH | | SOLE | 0 | 94,376 | 0 | 19,154 |
| Scorpio Tankers Inc. | COM | Y7542C130 | 13,642 | 1,219,144 | SH | | SOLE | 0 | 1,014,948 | 0 | 204,196 |
| Seagate Technology PLC | COM | G7945M107 | 19,511 | 313,879 | SH | | SOLE | 0 | 261,095 | 0 | 52,784 |
| Synchrony Financial | COM | 87165B103 | 47,476 | 1,367,790 | SH | | SOLE | 0 | 1,139,941 | 0 | 227,849 |
| Thor Industries, Inc. | COM | 885160101 | 5,960 | 64,089 | SH | | SOLE | 0 | 53,298 | 0 | 10,791 |
| Tencent Music Entertainment Group Sponsored ADR Cl | COM | 88034P109 | 6,657 | 345,978 | SH | | SOLE | 0 | 288,076 | 0 | 57,902 |
| Tribune Publishing Co. | COM | 89609W107 | 481 | 35,089 | SH | | SOLE | 0 | 29,749 | 0 | 5,340 |
| Tractor Supply Company | COM | 892356106 | 41,223 | 293,237 | SH | | SOLE | 0 | 244,097 | 0 | 49,140 |
| Taiwan Semiconductor Manufacturing Co., Ltd. Spons | COM | 874039100 | 141,425 | 1,297,005 | SH | | SOLE | 0 | 1,081,087 | 0 | 215,918 |
| Texas Instruments Incorporated | COM | 882508104 | 14,798 | 90,158 | SH | | SOLE | 0 | 75,111 | 0 | 15,047 |
| United Airlines Holdings, Inc. | COM | 910047109 | 12,731 | 294,351 | SH | | SOLE | 0 | 244,983 | 0 | 49,368 |
| Uber Technologies, Inc. | COM | 90353T100 | 15,302 | 300,048 | SH | | SOLE | 0 | 249,942 | 0 | 50,106 |
| Net 1 UEPS Technologies, Inc. | COM | 64107N206 | 2,178 | 442,731 | SH | | SOLE | 0 | 368,682 | 0 | 74,049 |
| Union Pacific Corporation | COM | 907818108 | 31,301 | 150,325 | SH | | SOLE | 0 | 125,157 | 0 | 25,168 |
| Marriott Vacations Worldwide Corporation | COM | 57164Y107 | 4,283 | 31,214 | SH | | SOLE | 0 | 25,978 | 0 | 5,236 |
| Veeco Instruments Inc. | COM | 922417100 | 1,358 | 78,252 | SH | | SOLE | 0 | 64,984 | 0 | 13,268 |
| VICI Properties Inc | COM | 925652109 | 3,860 | 151,388 | SH | | SOLE | 0 | 125,798 | 0 | 25,590 |
| Vipshop Holdings Ltd Sponsored ADR | COM | 92763W103 | 33,259 | 1,183,186 | SH | | SOLE | 0 | 983,714 | 0 | 199,472 |
| Venator Materials PLC | COM | G9329Z100 | 1,827 | 551,897 | SH | | SOLE | 0 | 459,725 | 0 | 92,172 |
| Vista Outdoor Inc | COM | 928377100 | 10,863 | 457,194 | SH | | SOLE | 0 | 381,198 | 0 | 75,996 |
| Western Digital Corporation | COM | 958102105 | 8,538 | 154,141 | SH | | SOLE | 0 | 128,208 | 0 | 25,933 |
| Wells Fargo & Company | COM | 949746101 | 120,144 | 3,980,905 | SH | | SOLE | 0 | 3,312,320 | 0 | 668,585 |
| Willis Towers Watson Public Limited Company | COM | G96629103 | 28,664 | 136,057 | SH | | SOLE | 0 | 113,213 | 0 | 22,844 |
| Walmart Inc. | COM | 931142103 | 20,912 | 145,070 | SH | | SOLE | 0 | 120,598 | 0 | 24,472 |
| WestRock Company | COM | 96145D105 | 4,577 | 105,145 | SH | | SOLE | 0 | 88,106 | 0 | 17,039 |
| Yandex NV Class A | COM | N97284108 | 28,020 | 402,695 | SH | | SOLE | 0 | 334,906 | 0 | 67,789 |
