Keeley-Teton Advisors 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
Expires:	Oct 31, 2018
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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
ABERDEEN ASIA PAC INCM COM	COM	003009107	96	19,741	SH		SOLE		19,741	0	0
ABM Industries, Inc.	COM	000957100	16,391	434,550	SH		SOLE		431,230	0	3,320
AMERICAN CAP SR FLOATING LTD C	COM	02504d108	231	21,991	SH		SOLE		21,991	0	0
AVX Corp	COM	002444107	2,059	119,005	SH		SOLE		119,005	0	0
Abbott Labs	COM	002824100	2,233	39,130	SH		SOLE		39,130	0	0
AerCap Holdings N.V.	COM	n00985106	3,559	67,646	SH		SOLE		64,696	0	2,950
Agilent Technologies	COM	00846u101	1,491	22,257	SH		SOLE		22,257	0	0
Air Lease Corp	COM	00912x302	50,877	1,057,946	SH		SOLE		1,045,926	0	12,020
Allegheny Technologies Inc.	COM	01741r102	9,748	403,807	SH		SOLE		401,167	0	2,640
Allergan Inc.	COM	G0177J108	909	5,556	SH		SOLE		5,556	0	0
Allete Inc	COM	018522300	23,402	314,715	SH		SOLE		312,535	0	2,180
Altria Group, Inc.	COM	02209s103	437	6,120	SH		SOLE		6,120	0	0
American Water Works	COM	030420103	4,482	48,985	SH		SOLE		47,555	0	1,430
Ameriprise Financial	COM	03076c106	2,390	14,103	SH		SOLE		14,103	0	0
AmerisourceBergen	COM	03073e105	2,785	30,336	SH		SOLE		30,336	0	0
Amgen Inc	COM	031162100	209	1,200	SH		SOLE		1,200	0	0
Apple Computer	COM	037833100	222	1,311	SH		SOLE		1,311	0	0
Aptiv Plc	COM	G6095L109	2,172	25,605	SH		SOLE		24,285	0	1,320
Arthur J. Gallagher & Co.	COM	363576109	1,761	27,823	SH		SOLE		27,823	0	0
Ashland Global Holdings Inc.	COM	044186104	4,123	57,906	SH		SOLE		55,846	0	2,060
Associated Banc Corp	COM	045487105	2,271	89,421	SH		SOLE		89,421	0	0
Athene Holding Ltd.	COM	G0684D107	1,664	32,188	SH		SOLE		32,188	0	0
Atlantica Yield PLC	COM	g0751n103	1,921	90,589	SH		SOLE		90,589	0	0
Autoliv Inc	COM	052800109	2,062	16,225	SH		SOLE		16,225	0	0
Azz Incorporated	COM	002474104	1,363	26,676	SH		SOLE		26,676	0	0
BERKSHIRE HATHAWAY INC CL A	COM	084670108	595	2	SH		SOLE		2	0	0
BLACKROCK NY MUNI 2018 TERM	COM	09248k108	668	45,476	SH		SOLE		45,476	0	0
BLUE HILLS BANCORP INC	COM	095573101	471	23,439	SH		SOLE		23,439	0	0
BOK Financial Corp	COM	05561q201	37,274	403,749	SH		SOLE		398,969	0	4,780
BWX Technologies, Inc	COM	05605H100	2,528	41,787	SH		SOLE		41,787	0	0
BancorpSouth Bank	COM	05971J102	17,757	564,606	SH		SOLE		561,026	0	3,580
Bank of America	COM	060505104	1,304	44,190	SH		SOLE		44,190	0	0
Baxter International Inc.	COM	071813109	1,372	21,231	SH		SOLE		21,231	0	0
Berkshire Hathaway Cl B	COM	084670702	644	3,250	SH		SOLE		3,250	0	0
Berkshire Hills Bancorp Inc	COM	084680107	2,421	66,150	SH		SOLE		66,150	0	0
Black Hills Corp.	COM	092113109	13,492	224,462	SH		SOLE		223,007	0	1,455
Black Knight, Inc.	COM	09215C105	1,058	23,961	SH		SOLE		22,922	0	1,039
Brixmor Property Group Inc.	COM	11120u105	1,473	78,920	SH		SOLE		78,920	0	0
Broadridge Fincl Sol	COM	11133t103	2,383	26,310	SH		SOLE		25,160	0	1,150
Brunswick Corp.	COM	117043109	2,104	38,098	SH		SOLE		38,098	0	0
CBRE Group, Inc.	COM	12504l109	244	5,626	SH		SOLE		5,626	0	0
CDK Global, Inc.	COM	12508E101	3,715	52,114	SH		SOLE		49,834	0	2,280
CSRA Inc.	COM	12650t104	7,011	234,328	SH		SOLE		228,228	0	6,100
Cabot Oil & Gas	COM	127097103	2,423	84,713	SH		SOLE		84,713	0	0
CareTrust REIT Inc.	COM	14174t107	16,093	960,233	SH		SOLE		949,108	0	11,125
Carriage Services Inc.	COM	143905107	4,777	185,807	SH		SOLE		181,037	0	4,770
CenterState Banks, Inc.	COM	15201P109	1,975	76,758	SH		SOLE		76,758	0	0
Chemed Corporation	COM	16359r103	2,903	11,945	SH		SOLE		11,945	0	0
Cigna Corp	COM	125509109	2,972	14,635	SH		SOLE		14,635	0	0
Cinemark Holdings, Inc.	COM	17243v102	1,332	38,241	SH		SOLE		38,241	0	0
Citigroup Inc.	COM	172967424	1,718	23,094	SH		SOLE		23,094	0	0
City Office Reit, Inc.	COM	178587101	2,758	211,989	SH		SOLE		211,989	0	0
Columbia Banking System, Inc.	COM	197236102	15,975	367,739	SH		SOLE		365,512	0	2,227
Comerica	COM	200340107	5,224	60,173	SH		SOLE		60,173	0	0
Commercial Metals Co	COM	201723103	4,972	233,208	SH		SOLE		227,413	0	5,795
Compass Diversified Tr SH BEN	COM	20451q104	174	10,261	SH		SOLE		10,261	0	0
Compass Minerals	COM	20451n101	2,161	29,910	SH		SOLE		29,910	0	0
Conagra Foods, Inc.	COM	205887102	2,355	62,513	SH		SOLE		62,513	0	0
Copart Inc.	COM	217204106	3,940	91,215	SH		SOLE		87,155	0	4,060
Corenergy Infrastructure Trust	COM	21870u502	1,487	38,936	SH		SOLE		38,936	0	0
Corning Inc	COM	219350105	248	7,767	SH		SOLE		7,767	0	0
Covanta Holding Corp.	COM	22282e102	2,131	126,068	SH		SOLE		126,068	0	0
Culp, Inc.	COM	230215105	1,277	38,110	SH		SOLE		38,110	0	0
Cypress Semi	COM	232806109	2,896	190,025	SH		SOLE		190,025	0	0
DDR CORP COM	COM	23317h102	438	48,905	SH		SOLE		48,905	0	0
DXC Technology Company	COM	23355L106	3,623	38,177	SH		SOLE		38,177	0	0
Daktronics Inc	COM	234264109	338	37,032	SH		SOLE		37,032	0	0
Del Taco Restaurants, Inc.	COM	245496104	16,878	1,392,579	SH		SOLE		1,370,354	0	22,225
Delek US Holdings	COM	24665A103	24,231	693,514	SH		SOLE		689,404	0	4,110
Delphi Technologies	COM	G2709G107	2,236	42,613	SH		SOLE		41,103	0	1,510
Deluxe Corp.	COM	248019101	1,705	22,190	SH		SOLE		22,190	0	0
Denny's Corporation	COM	24869p104	24,397	1,842,699	SH		SOLE		1,822,284	0	20,415
Diamonds Trust Ser I Unit	COM	78467x109	258	1,043	SH		SOLE		1,043	0	0
Diebold Nixdorf	COM	253651103	11,319	692,308	SH		SOLE		687,578	0	4,730
Discover Financial Svc	COM	254709108	5,338	69,402	SH		SOLE		69,402	0	0
Disney Co.	COM	254687106	401	3,731	SH		SOLE		3,731	0	0
Dolby Laboratories Inc.	COM	25659T107	4,753	76,663	SH		SOLE		76,663	0	0
Donnelley Financial Solutions	COM	25787G100	8,613	441,909	SH		SOLE		438,789	0	3,120
DowDuPont Inc.	COM	26078j100	711	9,977	SH		SOLE		9,977	0	0
Dun & Bradstreet	COM	26483e100	2,406	20,323	SH		SOLE		20,323	0	0
EOG Resources Inc	COM	26875p101	3,519	32,607	SH		SOLE		32,607	0	0
EPR Properties	COM	26884u109	1,707	26,079	SH		SOLE		26,079	0	0
EQT Corporation	COM	26884L109	1,561	27,432	SH		SOLE		27,432	0	0
Eastgroup Pptys Inc	COM	277276101	271	3,063	SH		SOLE		3,063	0	0
Eaton Vance Tax Mged Buy Write	COM	27828y108	403	26,233	SH		SOLE		26,233	0	0
Eaton Vance Tax Mged Gbl buy W	COM	27829c105	270	22,661	SH		SOLE		22,661	0	0
Education Realty Trust, Inc.	COM	28140H203	1,434	41,051	SH		SOLE		41,051	0	0
El Paso Electric Co.	COM	283677854	1,379	24,920	SH		SOLE		24,920	0	0
Energen Corp	COM	29265N108	6,350	110,294	SH		SOLE		106,974	0	3,320
Ensign Group Inc.	COM	29358P101	19,005	856,069	SH		SOLE		850,529	0	5,540
Entegra Financial Corp.	COM	29363j108	1,578	53,937	SH		SOLE		53,937	0	0
Entercom Communications	COM	293639100	1,333	123,412	SH		SOLE		123,412	0	0
Enterprise Products Partners	COM	293792107	284	10,728	SH		SOLE		10,728	0	0
Equity Commonwealth	COM	294628102	6,420	210,433	SH		SOLE		205,533	0	4,900
Equity Lifestyles Properties,	COM	29472R108	1,630	18,309	SH		SOLE		18,309	0	0
Equity Residential Properties	COM	29476l107	410	6,434	SH		SOLE		6,434	0	0
Esco Technologies, Inc.	COM	296315104	24,392	404,843	SH		SOLE		398,833	0	6,010
Evolution Petroleum Corp.	COM	30049a107	1,514	221,012	SH		SOLE		221,012	0	0
Extended Stay America, Inc.	COM	30224p200	2,180	114,726	SH		SOLE		114,726	0	0
Exxon Corp	COM	30231G102	567	6,784	SH		SOLE		6,784	0	0
F.N.B. Corporation	COM	302520101	8,246	596,696	SH		SOLE		582,496	0	14,200
FARMLAND PARTNERS INC COM	COM	31154r109	423	48,780	SH		SOLE		48,780	0	0
FBL Financial Group	COM	30239f106	2,636	37,849	SH		SOLE		37,849	0	0
FMC Corp.	COM	302491303	3,546	37,456	SH		SOLE		37,456	0	0
Fidelity National Financial In	COM	31620R303	3,061	78,012	SH		SOLE		74,622	0	3,390
Fidelity National Info	COM	31620m106	3,282	34,880	SH		SOLE		34,880	0	0
Foot Locker, Inc.	COM	344849104	1,389	29,630	SH		SOLE		29,630	0	0
Fortune Brands Home Security	COM	34964c106	3,389	49,521	SH		SOLE		47,491	0	2,030
GLADSTONE LD CORP COM	COM	376549101	497	37,040	SH		SOLE		37,040	0	0
Gaming and Leisure Properties,	COM	36467J108	3,093	83,603	SH		SOLE		79,945	0	3,658
Glacier Bancorp Inc	COM	37637q105	1,894	48,085	SH		SOLE		48,085	0	0
Gramercy Property Trust, Inc.	COM	385002308	3,305	123,953	SH		SOLE		123,953	0	0
Guaranty Bancorp	COM	40075T607	1,755	63,472	SH		SOLE		63,472	0	0
HANNON ARMSTRONG SUST COM	COM	41068x100	2,109	87,647	SH		SOLE		87,647	0	0
HRG Group Inc	COM	40434j100	14,977	883,617	SH		SOLE		877,137	0	6,480
Halliburton Co	COM	406216101	1,698	34,753	SH		SOLE		34,753	0	0
Hamilton Beach Brands Holdings	COM	40701T104	1,841	71,656	SH		SOLE		71,656	0	0
Hanmi Financial Corp	COM	410495204	8,829	290,912	SH		SOLE		282,912	0	8,000
Hanover Insurance Group Inc	COM	410867105	1,179	10,908	SH		SOLE		10,908	0	0
Healthcare Realty Trust	COM	421946104	1,066	33,186	SH		SOLE		33,186	0	0
Healthcare Trust of America, I	COM	42225p501	2,602	86,627	SH		SOLE		86,627	0	0
Hewlett Packard Enterprise Com	COM	42824c109	635	44,220	SH		SOLE		44,220	0	0
Hilltop Holdings Inc.	COM	432748101	25,290	998,404	SH		SOLE		991,069	0	7,335
HollyFrontier Corp.	COM	436106108	2,874	56,112	SH		SOLE		56,112	0	0
Honeywell	COM	438516106	226	1,473	SH		SOLE		1,473	0	0
Hospitality Properties trust	COM	44106m102	513	17,175	SH		SOLE		17,175	0	0
Howard Hughes Corporation	COM	44267d107	7,720	58,812	SH		SOLE		57,007	0	1,805
Hudson Pacific Properties Inc	COM	444097109	1,804	52,679	SH		SOLE		52,679	0	0
Huntsman Corp	COM	447011107	7,502	225,358	SH		SOLE		219,298	0	6,060
ISHARES TR DJ US UTILS	COM	464287697	268	2,020	SH		SOLE		2,020	0	0
ISHARES TR IBOXX INV CP ETF	COM	464287242	605	4,973	SH		SOLE		4,973	0	0
ISHARES TR S&P 500 INDEX	COM	464287200	14,479	53,855	SH		SOLE		53,855	0	0
IShares Inc MSCI Australia Ind	COM	464286103	273	11,772	SH		SOLE		11,772	0	0
IShares Select Dividend	COM	464287168	1,128	11,440	SH		SOLE		11,440	0	0
IShares TR FTSE Xinhua HK Chin	COM	464287184	620	13,424	SH		SOLE		13,424	0	0
IShares Tr Dow Jones US Finl S	COM	464287788	808	6,766	SH		SOLE		6,766	0	0
IShares Tr MSCI EAFE Index Fun	COM	464287465	1,287	18,303	SH		SOLE		18,303	0	0
IShares Tr Russell MidCap Valu	COM	464287473	1,428	16,020	SH		SOLE		16,020	0	0
IShares US Real Estate ETF	COM	464287739	367	4,525	SH		SOLE		4,525	0	0
ITT Inc.	COM	45073v108	33,713	631,685	SH		SOLE		623,645	0	8,040
Iberiabank Corp.	COM	450828108	17,225	222,262	SH		SOLE		220,772	0	1,490
Illinois Tool Works	COM	452308109	739	4,432	SH		SOLE		4,432	0	0
Intel Corp.	COM	458140100	2,328	50,435	SH		SOLE		50,435	0	0
Invacare Corp.	COM	461203101	7,394	438,825	SH		SOLE		435,885	0	2,940
Investor Bancorp Inc.	COM	46146L101	139	10,000	SH		SOLE		10,000	0	0
Iron Mountain, Inc.	COM	46284V101	7,351	194,825	SH		SOLE		191,093	0	3,732
Ishares Tr Russell 2000 Value	COM	464287630	326	2,595	SH		SOLE		2,595	0	0
JP Morgan Chase & Co	COM	46625h100	202	1,893	SH		SOLE		1,893	0	0
John Bean Tech, Corp.	COM	477839104	34,972	315,634	SH		SOLE		311,474	0	4,160
Johnson & Johnson	COM	478160104	214	1,534	SH		SOLE		1,534	0	0
Johnson Controls Int'l Plc	COM	g51502105	630	16,537	SH		SOLE		16,537	0	0
KBR Inc.	COM	48242w106	24,248	1,222,785	SH		SOLE		1,215,075	0	7,710
Kaiser Aluminum Corp	COM	483007704	19,894	186,186	SH		SOLE		183,886	0	2,300
Kapstone Paper and Packaging	COM	48562P103	14,083	620,690	SH		SOLE		615,895	0	4,795
Kearney Financial Corp.	COM	48716P108	18,783	1,299,880	SH		SOLE		1,289,955	0	9,925
Kennedy Wilson Holdings	COM	489398107	20,845	1,201,423	SH		SOLE		1,193,123	0	8,300
Knowles Corp.	COM	49926D109	17,121	1,167,893	SH		SOLE		1,150,683	0	17,210
Laboratory Corp. of America Ho	COM	50540r409	2,627	16,467	SH		SOLE		15,567	0	900
Lamar Advertising Co Cl A	COM	512816109	5,683	76,551	SH		SOLE		74,531	0	2,020
Lamb Weston Holdings, Inc.	COM	513272104	4,946	87,616	SH		SOLE		85,016	0	2,600
LegacyTexas Financial Group, I	COM	52471Y106	2,226	52,746	SH		SOLE		52,746	0	0
Lincoln National Corp.	COM	534187109	3,851	50,096	SH		SOLE		50,096	0	0
Littelfuse Inc.	COM	537008104	499	2,524	SH		SOLE		2,524	0	0
Lockheed Martin	COM	539830109	316	984	SH		SOLE		984	0	0
MDU Resource Group	COM	552690109	7,202	267,919	SH		SOLE		261,419	0	6,500
Macquarie Global Infrastrcture	COM	55608d101	714	27,702	SH		SOLE		27,702	0	0
Macquarie Infrastructure	COM	55608b105	4,065	63,323	SH		SOLE		63,323	0	0
Marriott Vacations	COM	57164y107	5,121	37,873	SH		SOLE		36,958	0	915
Medical Properties Trust, Inc.	COM	58463j304	1,033	74,931	SH		SOLE		74,931	0	0
Mercer International	COM	588056101	2,415	168,880	SH		SOLE		168,880	0	0
Micro Focus Intl PLC ADS	COM	594837304	204	6,070	SH		SOLE		6,070	0	0
Mid-Amer Apt Cmntys Inc	COM	59522j103	595	5,913	SH		SOLE		5,913	0	0
Mitel Networks Corporation	COM	60671q104	22,273	2,706,361	SH		SOLE		2,665,831	0	40,530
Modine Manufacturing Co	COM	607828100	9,263	458,581	SH		SOLE		455,231	0	3,350
Molson Coors Brewing Co	COM	60871R209	2,241	27,309	SH		SOLE		27,309	0	0
Mondelez International Inc.	COM	609207105	2,390	55,836	SH		SOLE		55,836	0	0
NCR Corp	COM	62886e108	214	6,299	SH		SOLE		6,299	0	0
NRG Energy Inc	COM	629377508	15,107	530,454	SH		SOLE		517,354	0	13,100
National Fuel & Gas Co	COM	636180101	1,740	31,693	SH		SOLE		31,693	0	0
National Storage Affiliates Tr	COM	637870106	1,538	56,410	SH		SOLE		56,410	0	0
Nexstar Media Group	COM	65336K103	38,489	492,193	SH		SOLE		488,957	0	3,236
Northern Trust Corp.	COM	665859104	221	2,217	SH		SOLE		2,217	0	0
OGE Energy Corp.	COM	670837103	1,739	52,841	SH		SOLE		52,841	0	0
OM Asset Management PLC	COM	g67506108	3,991	238,274	SH		SOLE		227,804	0	10,470
Oasis Petroleum Inc	COM	674215108	13,909	1,653,844	SH		SOLE		1,641,444	0	12,400
Occidental Petroleum	COM	674599105	825	11,206	SH		SOLE		11,206	0	0
Oceanfirst Financial Corporati	COM	675234108	16,460	627,049	SH		SOLE		622,939	0	4,110
Opus Bank	COM	684000102	34,000	1,245,439	SH		SOLE		1,236,299	0	9,140
Oritani Financial Corp.	COM	68633d103	904	55,148	SH		SOLE		55,148	0	0
Oshkosh Corporation	COM	688239201	2,997	32,978	SH		SOLE		32,978	0	0
Outfront Media, Inc.	COM	69007J106	28,988	1,249,465	SH		SOLE		1,240,505	0	8,960
PPL Corporation	COM	69351T106	1,626	52,539	SH		SOLE		52,539	0	0
PVH Corp.	COM	693656100	4,097	29,860	SH		SOLE		28,550	0	1,310
PacWest Bancorp	COM	695263103	4,162	82,582	SH		SOLE		79,972	0	2,610
Parsley Energy, Inc.	COM	701877102	18,488	627,990	SH		SOLE		619,550	0	8,440
Patterson Uti Energy	COM	703481101	5,772	250,831	SH		SOLE		246,531	0	4,300
Paypal Inc.	COM	70450y103	1,202	16,327	SH		SOLE		16,327	0	0
Penske Automotive	COM	70959w103	16,288	340,398	SH		SOLE		335,308	0	5,090
Pfizer Inc.	COM	717081103	1,578	43,579	SH		SOLE		43,579	0	0
Plantronics Inc.	COM	727493108	1,651	32,780	SH		SOLE		32,780	0	0
Playa Hotel and Resorts	COM	N70544106	5,019	465,125	SH		SOLE		461,635	0	3,490
Potlatch Corp	COM	737630103	1,084	21,726	SH		SOLE		21,726	0	0
Powershares QQQ Trust	COM	73935a104	600	3,850	SH		SOLE		3,850	0	0
Primoris Services Corp	COM	74164f103	2,299	84,551	SH		SOLE		84,551	0	0
Proctor & Gamble	COM	742718109	237	2,578	SH		SOLE		2,578	0	0
Provident Financial	COM	74386t105	21,256	788,146	SH		SOLE		782,721	0	5,425
RPM International Inc.	COM	749685103	1,729	32,986	SH		SOLE		32,986	0	0
Raytheon Co	COM	755111507	276	1,471	SH		SOLE		1,471	0	0
Regal Beloit Corp.	COM	758750103	1,513	19,750	SH		SOLE		19,750	0	0
Reinsurance Group of America	COM	759351604	1,828	11,725	SH		SOLE		11,725	0	0
Ritchie Bros. Auctioneers	COM	767744105	13,173	440,125	SH		SOLE		437,030	0	3,095
Ryder Systems	COM	783549108	6,057	71,958	SH		SOLE		69,438	0	2,520
Ryman Hospitality Properties	COM	78377T107	25,488	369,287	SH		SOLE		364,956	0	4,331
S&P MidCap 400 Spdrs	COM	78467y107	572	1,655	SH		SOLE		1,655	0	0
SM Energy Company	COM	78454l100	4,405	199,509	SH		SOLE		195,009	0	4,500
SPDR S&P 500 ETF	COM	78462f103	4,943	18,521	SH		SOLE		18,521	0	0
SPDR SERIES TRUST S&P 400 MDCP	COM	78464a821	567	3,645	SH		SOLE		3,645	0	0
SRC Energy Inc.	COM	78470v108	4,775	559,750	SH		SOLE		555,415	0	4,335
Sabra Health Care REIT	COM	78573L106	27,527	1,466,547	SH		SOLE		1,448,657	0	17,890
SemGroup Corporation	COM	81663A105	2,871	95,053	SH		SOLE		95,053	0	0
Sensient Technologies Corp	COM	81725t100	17,986	245,884	SH		SOLE		243,999	0	1,885
Seritage Growth Properties	COM	81752R100	10,822	267,470	SH		SOLE		265,890	0	1,580
Shire PLC	COM	82481r106	1,740	11,218	SH		SOLE		11,218	0	0
Silvercrest Asset Management G	COM	828359109	3,191	198,808	SH		SOLE		198,808	0	0
Smith A O Corp	COM	831865209	4,138	67,528	SH		SOLE		64,488	0	3,040
Snap On Inc	COM	833034101	2,643	15,164	SH		SOLE		15,164	0	0
Solar Capital Ltd.	COM	83413U100	1,780	88,054	SH		SOLE		88,054	0	0
South Jersey Inds Inc.	COM	838518108	1,822	58,352	SH		SOLE		58,352	0	0
Spectrum Brands Holdings Inc.	COM	84763r101	6,057	53,892	SH		SOLE		52,042	0	1,850
Spirit Realty Capital Inc	COM	84860w102	720	83,922	SH		SOLE		83,922	0	0
Stag Industrial Inc.	COM	85254j102	1,322	48,375	SH		SOLE		48,375	0	0
State Bank Financial Corporati	COM	856190103	16,324	547,066	SH		SOLE		543,714	0	3,352
Steris Plc	COM	g84720104	2,240	25,604	SH		SOLE		25,604	0	0
Synovus Financial Corp	COM	87161C501	19,431	405,314	SH		SOLE		399,734	0	5,580
TEGNA Inc.	COM	87901J105	890	63,184	SH		SOLE		63,184	0	0
TRI Pointe Group, Inc.	COM	87265H109	18,216	1,016,536	SH		SOLE		1,001,681	0	14,855
The Bank of N.T. Butterfied &	COM	G0772R208	16,277	448,516	SH		SOLE		445,571	0	2,945
Total System Services, Inc.	COM	891906109	3,185	40,275	SH		SOLE		40,275	0	0
UGI Corp.	COM	902681105	1,285	27,376	SH		SOLE		27,376	0	0
UMB Financial Corp	COM	902788108	24,469	340,230	SH		SOLE		335,366	0	4,864
Umpqua Holdings	COM	904214103	2,379	114,377	SH		SOLE		114,377	0	0
Unilever NV	COM	904784709	253	4,500	SH		SOLE		4,500	0	0
Union Bankshares Corporation	COM	90539J109	1,072	29,645	SH		SOLE		29,645	0	0
United Health Care	COM	91324P102	278	1,262	SH		SOLE		1,262	0	0
United Technlogies	COM	913017109	1,000	7,838	SH		SOLE		7,838	0	0
VANGUARD INTL EQTY IDX EMR MKT	COM	922042858	1,580	34,422	SH		SOLE		34,422	0	0
Vail Resorts Inc.	COM	91879q109	18,188	85,605	SH		SOLE		84,951	0	654
Valvoline Inc.	COM	92047W101	2,946	117,548	SH		SOLE		113,952	0	3,596
Vanguard Dividend Appreciation	COM	921908844	754	7,391	SH		SOLE		7,391	0	0
Vanguard FTSE Europe ETF	COM	922042874	848	14,342	SH		SOLE		14,342	0	0
Vanguard Financials ETF	COM	92204a405	4,847	69,210	SH		SOLE		69,210	0	0
Vanguard Total Stk Mkt Vipers	COM	922908769	1,921	13,999	SH		SOLE		13,999	0	0
Varex Imaging Corp.	COM	92214X106	11,706	291,405	SH		SOLE		289,195	0	2,210
Ventas Inc.	COM	92276F100	605	10,084	SH		SOLE		10,084	0	0
Verint Systems Inc.	COM	92343X100	17,749	424,099	SH		SOLE		418,534	0	5,565
Versum Materials Inc.	COM	92532w103	22,676	599,109	SH		SOLE		594,884	0	4,225
Virtu Financial, Inc.	COM	928254101	2,396	130,916	SH		SOLE		130,916	0	0
Visteon Corp.	COM	92839U206	18,099	144,632	SH		SOLE		143,702	0	930
Voya Financial,Inc.	COM	929089100	14,578	294,683	SH		SOLE		287,783	0	6,900
Vulcan Material Co.	COM	929160109	3,003	23,391	SH		SOLE		23,391	0	0
WEX, Inc.	COM	96208t104	18,728	132,606	SH		SOLE		130,681	0	1,925
Walgreens Boots Alliance, Inc.	COM	931427108	243	3,352	SH		SOLE		3,352	0	0
Waterstone Financial, Inc	COM	94188p101	324	19,000	SH		SOLE		19,000	0	0
Welbilt, Inc.	COM	949090104	16,607	706,372	SH		SOLE		700,977	0	5,395
Westar Energy Inc	COM	95709t100	3,260	61,740	SH		SOLE		59,900	0	1,840
Westbury Bancorp Inc	COM	95727p106	1,680	73,049	SH		SOLE		73,049	0	0
Weyerhauser	COM	962166104	458	12,978	SH		SOLE		12,978	0	0
Winnebago Inds	COM	974637100	3,887	69,919	SH		SOLE		69,919	0	0
Wintrust Financial Corp	COM	97650W108	3,014	36,595	SH		SOLE		36,595	0	0
WisdomTree India Earnings Fund	COM	97717w422	271	9,730	SH		SOLE		9,730	0	0
World Fuel Services Corp.	COM	981475106	695	24,706	SH		SOLE		24,706	0	0
Wright Medical Group, Inc.	COM	n96617118	15,194	684,418	SH		SOLE		675,879	0	8,539
Wyndham Worldwide	COM	98310w108	3,912	33,765	SH		SOLE		33,765	0	0
Zoetis Inc. CL A	COM	98978v103	3,154	43,780	SH		SOLE		43,780	0	0
iShares Core S&P Total US Stoc	COM	464287150	4,035	66,000	SH		SOLE		66,000	0	0
iShares Residential Rel Est Ca	COM	464288562	2,065	33,175	SH		SOLE		33,175	0	0