Investors Research 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
Estimated average burden
hours per response:		23.8

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
BLACK BOX CORP DEL	COM	091826107	28	25,950	SH		SOLE		0	0	25,950
TEVA PHARMACEUTICAL INDS LTD	SPONSORED ADR	881624209	467	30,316	SH		SOLE		0	0	30,316
BOJANGLES INC	COM	097488100	188	11,700	SH		SOLE		0	0	11,700
ERICSSON	ADR B SEK 10	294821608	534	60,225	SH		SOLE		0	0	60,225
HOLLYSYS AUTOMATION TECHNOLO	SHS	G45667105	313	17,850	SH		SOLE		0	0	17,850
NETAPP INC	COM	64110D104	758	12,695	SH		SOLE		0	0	12,695
SPDR SERIES TRUST	S&P 400 MDCP GRW	78464A821	788	17,179	SH		SOLE		0	0	17,179
TUESDAY MORNING CORP	COM NEW	899035505	24	13,950	SH		SOLE		0	0	13,950
NIELSEN HLDGS PLC	SHS EUR	G6518L108	965	41,352	SH		SOLE		0	0	41,352
ORANGE	SPONSORED ADR	684060106	218	13,464	SH		SOLE		0	0	13,464
DSW INC	CL A	23334L102	563	22,775	SH		SOLE		0	0	22,775
BEMIS INC	COM	081437105	252	5,500	SH		SOLE		0	0	5,500
BENCHMARK ELECTRS INC	COM	08160H101	347	16,400	SH		SOLE		0	0	16,400
H & E EQUIPMENT SERVICES INC	COM	404030108	286	14,000	SH		SOLE		0	0	14,000
GENERAL ELECTRIC CO	COM	369604103	209	27,669	SH		SOLE		0	0	27,669
WEATHERFORD INTL PLC	ORD SHS	G48833100	15	27,123	SH		SOLE		0	0	27,123
PFIZER INC	COM	717081103	1,071	24,538	SH		SOLE		0	0	24,538
ESSENDANT INC	COM	296689102	878	69,800	SH		SOLE		0	0	69,800
DEUTSCHE BANK AG	NAMEN AKT	D18190898	152	18,638	SH		SOLE		0	0	18,638
KONINKLIJKE PHILIPS N V	NY REG SH NEW	500472303	218	6,198	SH		SOLE		0	0	6,198
DARLING INGREDIENTS INC	COM	237266101	700	36,400	SH		SOLE		0	0	36,400
VISHAY INTERTECHNOLOGY INC	COM	928298108	1,025	56,912	SH		SOLE		0	0	56,912
MATERION CORP	COM	576690101	477	10,600	SH		SOLE		0	0	10,600
DBX ETF TR	XTRACK MSCI EAFE	233051200	829	29,704	SH		SOLE		0	0	29,704
HSBC HLDGS PLC	SPON ADR NEW	404280406	422	10,266	SH		SOLE		0	0	10,266
KNOLL INC	COM NEW	498904200	176	10,650	SH		SOLE		0	0	10,650
OPPENHEIMER ETF TR	S&P MDCP 400 REV	68386C203	780	15,222	SH		SOLE		0	0	15,222
ING GROEP N V	SPONSORED ADR	456837103	662	62,120	SH		SOLE		0	0	62,120
HORIZON PHARMA PLC	SHS	G4617B105	233	11,900	SH		SOLE		0	0	11,900
PULTE GROUP INC	COM	745867101	251	9,639	SH		SOLE		0	0	9,639
REGIS CORP MINN	COM	758932107	1,036	61,125	SH		SOLE		0	0	61,125
STEIN MART INC	COM	858375108	11	10,700	SH		SOLE		0	0	10,700
AMERICA MOVIL SAB DE CV	SPON ADR L SHS	02364W105	420	29,440	SH		SOLE		0	0	29,440
CVS HEALTH CORP	COM	126650100	556	8,487	SH		SOLE		0	0	8,487
BUNGE LIMITED	COM	G16962105	484	9,050	SH		SOLE		0	0	9,050
NOBLE CORP PLC	SHS USD	G65431101	82	31,276	SH		SOLE		0	0	31,276
PLATFORM SPECIALTY PRODS COR	COM	72766Q105	148	14,300	SH		SOLE		0	0	14,300
DOMTAR CORP	COM NEW	257559203	1,276	36,325	SH		SOLE		0	0	36,325
DIAMOND OFFSHORE DRILLING IN	COM	25271C102	117	12,409	SH		SOLE		0	0	12,409
KINROSS GOLD CORP	COM NO PAR	496902404	47	14,500	SH		SOLE		0	0	14,500
LAZARD LTD	SHS A	G54050102	271	7,350	SH		SOLE		0	0	7,350
CHESAPEAKE ENERGY CORP	COM	165167107	51	24,300	SH		SOLE		0	0	24,300
TITAN INTL INC ILL	COM	88830M102	194	41,550	SH		SOLE		0	0	41,550
AMAZON COM INC	COM	023135106	317	211	SH		SOLE		0	0	211
WESTLAKE CHEM CORP	COM	960413102	331	5,000	SH		SOLE		0	0	5,000
MATTEL INC	COM	577081102	411	41,142	SH		SOLE		0	0	41,142
TRAVELERS COMPANIES INC	COM	89417E109	284	2,374	SH		SOLE		0	0	2,374
BORGWARNER INC	COM	099724106	243	7,000	SH		SOLE		0	0	7,000
KRATON CORPORATION	COM	50077C106	239	10,950	SH		SOLE		0	0	10,950
OWENS & MINOR INC NEW	COM	690732102	264	41,750	SH		SOLE		0	0	41,750
VISTA OUTDOOR INC	COM	928377100	501	44,100	SH		SOLE		0	0	44,100
TELEFONICA S A	SPONSORED ADR	879382208	796	94,064	SH		SOLE		0	0	94,064
QUALCOMM INC	COM	747525103	333	5,852	SH		SOLE		0	0	5,852
APPLE INC	COM	037833100	560	3,549	SH		SOLE		0	0	3,549
KRONOS WORLDWIDE INC	COM	50105F105	497	43,125	SH		SOLE		0	0	43,125
GAIN CAP HLDGS INC	COM	36268W100	87	14,100	SH		SOLE		0	0	14,100
GNC HLDGS INC	COM CL A	36191G107	35	14,650	SH		SOLE		0	0	14,650
NOVO-NORDISK A S	ADR	670100205	402	8,730	SH		SOLE		0	0	8,730
FLUOR CORP NEW	COM	343412102	563	17,475	SH		SOLE		0	0	17,475
AT&T INC	COM	00206R102	1,027	35,991	SH		SOLE		0	0	35,991
TARGET CORP	COM	87612E106	1,173	17,742	SH		SOLE		0	0	17,742
ENDO INTL PLC	SHS	G30401106	290	39,725	SH		SOLE		0	0	39,725
SPARTANNASH CO	COM	847215100	539	31,380	SH		SOLE		0	0	31,380
BRINKER INTL INC	COM	109641100	226	5,150	SH		SOLE		0	0	5,150
ROCKY BRANDS INC	COM	774515100	577	22,200	SH		SOLE		0	0	22,200
INVESCO LTD	SHS	G491BT108	610	36,450	SH		SOLE		0	0	36,450
FREIGHTCAR AMER INC	COM	357023100	90	13,450	SH		SOLE		0	0	13,450
TOTAL S A	SPONSORED ADR	89151E109	785	15,046	SH		SOLE		0	0	15,046
NEW YORK TIMES CO	CL A	650111107	205	9,217	SH		SOLE		0	0	9,217
CANADIAN NAT RES LTD	COM	136385101	308	12,776	SH		SOLE		0	0	12,776
FTD COS INC	COM	30281V108	53	35,850	SH		SOLE		0	0	35,850
ARCHER DANIELS MIDLAND CO	COM	039483102	376	9,182	SH		SOLE		0	0	9,182
DELTA AIR LINES INC DEL	COM NEW	247361702	647	12,956	SH		SOLE		0	0	12,956
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	783	12,901	SH		SOLE		0	0	12,901
GREIF INC	CL A	397624107	629	16,950	SH		SOLE		0	0	16,950
DIPLOMAT PHARMACY INC	COM	25456K101	1,239	92,027	SH		SOLE		0	0	92,027
SCHWEITZER-MAUDUIT INTL INC	COM	808541106	519	20,725	SH		SOLE		0	0	20,725
MDU RES GROUP INC	COM	552690109	533	22,375	SH		SOLE		0	0	22,375
PIER 1 IMPORTS INC	COM	720279108	4	14,600	SH		SOLE		0	0	14,600
KOPPERS HOLDINGS INC	COM	50060P106	307	18,000	SH		SOLE		0	0	18,000
MARCUS & MILLICHAP INC	COM	566324109	592	17,250	SH		SOLE		0	0	17,250
BRIGGS & STRATTON CORP	COM	109043109	241	18,450	SH		SOLE		0	0	18,450
AECOM	COM	00766T100	449	16,926	SH		SOLE		0	0	16,926
GAP INC DEL	COM	364760108	245	9,500	SH		SOLE		0	0	9,500
WALMART INC	COM	931142103	582	6,252	SH		SOLE		0	0	6,252
INTEL CORP	COM	458140100	1,842	39,254	SH		SOLE		0	0	39,254
KNOWLES CORP	COM	49926D109	212	15,900	SH		SOLE		0	0	15,900
JUNIPER NETWORKS INC	COM	48203R104	420	15,600	SH		SOLE		0	0	15,600
SCHLUMBERGER LTD	COM	806857108	381	10,548	SH		SOLE		0	0	10,548
RENT A CTR INC NEW	COM	76009N100	767	47,375	SH		SOLE		0	0	47,375
JANUS HENDERSON GROUP PLC	ORD SHS	G4474Y214	924	44,612	SH		SOLE		0	0	44,612
NABORS INDUSTRIES LTD	SHS	G6359F103	104	52,249	SH		SOLE		0	0	52,249
LEE ENTERPRISES INC	COM	523768109	23	10,700	SH		SOLE		0	0	10,700
LSC COMMUNICATIONS INC	COM	50218P107	336	48,035	SH		SOLE		0	0	48,035
UNITED CONTL HLDGS INC	COM	910047109	201	2,400	SH		SOLE		0	0	2,400
FREEPORT-MCMORAN INC	CL B	35671D857	123	11,900	SH		SOLE		0	0	11,900
GATX CORP	COM	361448103	266	3,750	SH		SOLE		0	0	3,750
FITBIT INC	CL A	33812L102	88	17,700	SH		SOLE		0	0	17,700
SHAW COMMUNICATIONS INC	CL B CONV	82028K200	306	16,901	SH		SOLE		0	0	16,901
COTY INC	COM CL A	222070203	154	23,400	SH		SOLE		0	0	23,400
HUANENG PWR INTL INC	SPON ADR H SHS	443304100	691	27,640	SH		SOLE		0	0	27,640
JPMORGAN CHASE & CO	COM	46625H100	325	3,330	SH		SOLE		0	0	3,330
PATTERSON UTI ENERGY INC	COM	703481101	275	26,525	SH		SOLE		0	0	26,525
COMCAST CORP NEW	CL A	20030N101	401	11,781	SH		SOLE		0	0	11,781
EXXON MOBIL CORP	COM	30231G102	627	9,196	SH		SOLE		0	0	9,196
VEON LTD	SPONSORED ADR	91822M106	27	11,500	SH		SOLE		0	0	11,500
PBF ENERGY INC	CL A	69318G106	459	14,050	SH		SOLE		0	0	14,050
SUPERIOR INDS INTL INC	COM	868168105	92	19,100	SH		SOLE		0	0	19,100
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	216	5,350	SH		SOLE		0	0	5,350
GRUPO TELEVISA SA	SPON ADR REP ORD	40049J206	363	28,839	SH		SOLE		0	0	28,839
MOSAIC CO NEW	COM	61945C103	1,525	52,192	SH		SOLE		0	0	52,192
CISCO SYS INC	COM	17275R102	1,121	25,862	SH		SOLE		0	0	25,862
MOBILE TELESYSTEMS PJSC	SPONSORED ADR	607409109	205	29,241	SH		SOLE		0	0	29,241
TRUEBLUE INC	COM	89785X101	282	12,675	SH		SOLE		0	0	12,675
WESTROCK CO	COM	96145D105	207	5,479	SH		SOLE		0	0	5,479
SRC ENERGY INC	COM	78470V108	87	18,600	SH		SOLE		0	0	18,600
QUANTA SVCS INC	COM	74762E102	232	7,700	SH		SOLE		0	0	7,700
COCA COLA FEMSA S A B DE C V	SPON ADR REP L	191241108	201	3,300	SH		SOLE		0	0	3,300
ENNIS INC	COM	293389102	198	10,300	SH		SOLE		0	0	10,300
AMERICAN VANGUARD CORP	COM	030371108	509	33,525	SH		SOLE		0	0	33,525
CORNING INC	COM	219350105	536	17,740	SH		SOLE		0	0	17,740
HARSCO CORP	COM	415864107	672	33,825	SH		SOLE		0	0	33,825
EATON CORP PLC	SHS	G29183103	306	4,450	SH		SOLE		0	0	4,450
CIT GROUP INC	COM NEW	125581801	277	7,250	SH		SOLE		0	0	7,250
ENTERGY CORP NEW	COM	29364G103	240	2,785	SH		SOLE		0	0	2,785
HOLLYFRONTIER CORP	COM	436106108	383	7,500	SH		SOLE		0	0	7,500
KULICKE & SOFFA INDS INC	COM	501242101	296	14,600	SH		SOLE		0	0	14,600
BB&T CORP	COM	054937107	1,055	24,362	SH		SOLE		0	0	24,362
ENI S P A	SPONSORED ADR	26874R108	397	12,600	SH		SOLE		0	0	12,600
SANOFI	SPONSORED ADR	80105N105	1,317	30,340	SH		SOLE		0	0	30,340
MODINE MFG CO	COM	607828100	185	17,100	SH		SOLE		0	0	17,100
CONDUENT INC	COM	206787103	215	20,189	SH		SOLE		0	0	20,189
WILLIAMS SONOMA INC	COM	969904101	402	7,966	SH		SOLE		0	0	7,966
WESCO AIRCRAFT HLDGS INC	COM	950814103	687	87,000	SH		SOLE		0	0	87,000
WPP PLC NEW	ADR	92937A102	553	10,097	SH		SOLE		0	0	10,097
BRITISH AMERN TOB PLC	SPONSORED ADR	110448107	388	12,184	SH		SOLE		0	0	12,184
GRANITE CONSTR INC	COM	387328107	389	9,666	SH		SOLE		0	0	9,666
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	652	11,197	SH		SOLE		0	0	11,197
ROWAN COMPANIES PLC	SHS CL A	G7665A101	104	12,359	SH		SOLE		0	0	12,359
KEMET CORP	COM NEW	488360207	299	17,021	SH		SOLE		0	0	17,021
DESTINATION MATERNITY CORP	COM	25065D100	40	14,025	SH		SOLE		0	0	14,025
XEROX CORP	COM NEW	984121608	500	25,319	SH		SOLE		0	0	25,319
G-III APPAREL GROUP LTD	COM	36237H101	501	17,975	SH		SOLE		0	0	17,975
SYNAPTICS INC	COM	87157D109	325	8,725	SH		SOLE		0	0	8,725
BRADY CORP	CL A	104674106	671	15,450	SH		SOLE		0	0	15,450
GLATFELTER	COM	377316104	283	28,950	SH		SOLE		0	0	28,950
TELEPHONE & DATA SYS INC	COM NEW	879433829	301	9,243	SH		SOLE		0	0	9,243
CF INDS HLDGS INC	COM	125269100	1,526	35,075	SH		SOLE		0	0	35,075
SONIC AUTOMOTIVE INC	CL A	83545G102	604	43,925	SH		SOLE		0	0	43,925
PPL CORP	COM	69351T106	686	24,225	SH		SOLE		0	0	24,225
HANGER INC	COM NEW	41043F208	571	30,150	SH		SOLE		0	0	30,150
NEXTGEN HEALTHCARE INC	COM	65343C102	600	39,575	SH		SOLE		0	0	39,575
TAPESTRY INC	COM	876030107	203	6,000	SH		SOLE		0	0	6,000
ALLSCRIPTS HEALTHCARE SOLUTN	COM	01988P108	299	31,025	SH		SOLE		0	0	31,025
KENNAMETAL INC	COM	489170100	603	18,125	SH		SOLE		0	0	18,125
LIMELIGHT NETWORKS INC	COM	53261M104	55	23,358	SH		SOLE		0	0	23,358
GILEAD SCIENCES INC	COM	375558103	307	4,912	SH		SOLE		0	0	4,912
SELECT MED HLDGS CORP	COM	81619Q105	438	28,525	SH		SOLE		0	0	28,525
NRG ENERGY INC	COM NEW	629377508	1,514	38,236	SH		SOLE		0	0	38,236
PATTERSON COMPANIES INC	COM	703395103	554	28,200	SH		SOLE		0	0	28,200
STANTEC INC	COM	85472N109	398	18,200	SH		SOLE		0	0	18,200
AVNET INC	COM	053807103	687	19,019	SH		SOLE		0	0	19,019
NUANCE COMMUNICATIONS INC	COM	67020Y100	375	28,350	SH		SOLE		0	0	28,350
TRIMAS CORP	COM NEW	896215209	463	16,975	SH		SOLE		0	0	16,975
CHINA MOBILE LIMITED	SPONSORED ADR	16941M109	269	5,600	SH		SOLE		0	0	5,600
OFFICE DEPOT INC	COM	676220106	39	15,200	SH		SOLE		0	0	15,200
CAMECO CORP	COM	13321L108	701	61,800	SH		SOLE		0	0	61,800
FUTUREFUEL CORPORATION	COM	36116M106	251	15,800	SH		SOLE		0	0	15,800
CECO ENVIRONMENTAL CORP	COM	125141101	1,152	170,725	SH		SOLE		0	0	170,725
EQUINOR ASA	SPONSORED ADR	29446M102	1,030	48,650	SH		SOLE		0	0	48,650
TRIUMPH GROUP INC NEW	COM	896818101	414	35,975	SH		SOLE		0	0	35,975
ACTUANT CORP	CL A NEW	00508X203	927	44,175	SH		SOLE		0	0	44,175
OLIN CORP	COM PAR $1	680665205	834	41,450	SH		SOLE		0	0	41,450
INVESCO EXCHNG TRADED FD TR	S&P500 LOW VOL	46138E354	911	19,519	SH		SOLE		0	0	19,519
A H BELO CORP	COM CL A	001282102	36	10,660	SH		SOLE		0	0	10,660
MAIDEN HOLDINGS LTD	SHS	G5753U112	26	15,606	SH		SOLE		0	0	15,606
REXNORD CORP NEW	COM	76169B102	241	10,520	SH		SOLE		0	0	10,520
COSAN LTD	SHS A	G25343107	151	17,200	SH		SOLE		0	0	17,200
LIBBEY INC	COM	529898108	173	44,650	SH		SOLE		0	0	44,650
BARCLAYS PLC	ADR	06738E204	244	32,298	SH		SOLE		0	0	32,298
VODAFONE GROUP PLC NEW	SPONSORED ADR	92857W308	638	33,078	SH		SOLE		0	0	33,078
EXELON CORP	COM	30161N101	656	14,538	SH		SOLE		0	0	14,538
TELECOM ITALIA S P A NEW	SPON ADR ORD	87927Y102	56	10,100	SH		SOLE		0	0	10,100
AKORN INC	COM	009728106	77	22,800	SH		SOLE		0	0	22,800
WHEATON PRECIOUS METALS CORP	COM	962879102	803	41,125	SH		SOLE		0	0	41,125
YAMANA GOLD INC	COM	98462Y100	73	31,100	SH		SOLE		0	0	31,100
HOME DEPOT INC	COM	437076102	255	1,485	SH		SOLE		0	0	1,485
DANA INCORPORATED	COM	235825205	199	14,575	SH		SOLE		0	0	14,575
GLAXOSMITHKLINE PLC	SPONSORED ADR	37733W105	677	17,729	SH		SOLE		0	0	17,729
COTT CORP QUE	COM	22163N106	268	19,234	SH		SOLE		0	0	19,234
MAGNACHIP SEMICONDUCTOR CORP	COM	55933J203	146	23,500	SH		SOLE		0	0	23,500
PRIMORIS SVCS CORP	COM	74164F103	291	15,200	SH		SOLE		0	0	15,200
SUNCOR ENERGY INC NEW	COM	867224107	573	20,477	SH		SOLE		0	0	20,477
NATURAL GROCERS BY VITAMIN C	COM	63888U108	169	11,000	SH		SOLE		0	0	11,000
KOHLS CORP	COM	500255104	1,389	20,934	SH		SOLE		0	0	20,934
CITIGROUP INC	COM NEW	172967424	572	10,978	SH		SOLE		0	0	10,978
ACCO BRANDS CORP	COM	00081T108	216	31,810	SH		SOLE		0	0	31,810
GOLDCORP INC NEW	COM	380956409	497	50,750	SH		SOLE		0	0	50,750
INTL PAPER CO	COM	460146103	860	21,307	SH		SOLE		0	0	21,307
BRF SA	SPONSORED ADR	10552T107	469	82,577	SH		SOLE		0	0	82,577
ANDERSONS INC	COM	034164103	893	29,875	SH		SOLE		0	0	29,875
PILGRIMS PRIDE CORP NEW	COM	72147K108	402	25,950	SH		SOLE		0	0	25,950
DOWDUPONT INC	COM	26078J100	399	7,459	SH		SOLE		0	0	7,459
KELLY SVCS INC	CL A	488152208	1,066	52,075	SH		SOLE		0	0	52,075
COMMUNITY HEALTH SYS INC NEW	COM	203668108	38	13,586	SH		SOLE		0	0	13,586
FIRSTENERGY CORP	COM	337932107	939	25,016	SH		SOLE		0	0	25,016
NEWELL BRANDS INC	COM	651229106	420	22,579	SH		SOLE		0	0	22,579
FORD MTR CO DEL	COM PAR $0.01	345370860	119	15,493	SH		SOLE		0	0	15,493
COMPANIA CERVECERIAS UNIDAS	SPONSORED ADR	204429104	1,100	43,775	SH		SOLE		0	0	43,775
LOEWS CORP	COM	540424108	516	11,325	SH		SOLE		0	0	11,325
VOLT INFORMATION SCIENCES IN	COM	928703107	38	17,483	SH		SOLE		0	0	17,483
SCANA CORP NEW	COM	80589M102	570	11,925	SH		SOLE		0	0	11,925
CHRISTOPHER & BANKS CORP	COM	171046105	6	12,300	SH		SOLE		0	0	12,300
VERIZON COMMUNICATIONS INC	COM	92343V104	687	12,227	SH		SOLE		0	0	12,227
HONDA MOTOR LTD	AMERN SHS	438128308	969	36,632	SH		SOLE		0	0	36,632
CAMPBELL SOUP CO	COM	134429109	586	17,750	SH		SOLE		0	0	17,750
COCA COLA CO	COM	191216100	252	5,327	SH		SOLE		0	0	5,327
WELLS FARGO CO NEW	COM	949746101	299	6,491	SH		SOLE		0	0	6,491
ENSCO PLC	SHS CLASS A	G3157S106	74	20,680	SH		SOLE		0	0	20,680
BANCO SANTANDER MEXICO S A	SPONSORED ADS B	05969B103	650	105,450	SH		SOLE		0	0	105,450
SOUTHERN CO	COM	842587107	824	18,762	SH		SOLE		0	0	18,762
INTERNATIONAL BUSINESS MACHS	COM	459200101	780	6,863	SH		SOLE		0	0	6,863
LOCKHEED MARTIN CORP	COM	539830109	614	2,344	SH		SOLE		0	0	2,344
TEGNA INC	COM	87901J105	181	16,675	SH		SOLE		0	0	16,675
MASTEC INC	COM	576323109	257	6,325	SH		SOLE		0	0	6,325
B & G FOODS INC NEW	COM	05508R106	643	22,250	SH		SOLE		0	0	22,250
CREDIT SUISSE GROUP	SPONSORED ADR	225401108	127	11,676	SH		SOLE		0	0	11,676
INVESCO EXCHANGE TRADED FD T	S&P SML600 GWT	46137V175	784	7,523	SH		SOLE		0	0	7,523
MICROSOFT CORP	COM	594918104	1,567	15,428	SH		SOLE		0	0	15,428
NORDSTROM INC	COM	655664100	226	4,850	SH		SOLE		0	0	4,850
MICHAELS COS INC	COM	59408Q106	255	18,800	SH		SOLE		0	0	18,800
SYNCHRONOSS TECHNOLOGIES INC	COM	87157B103	74	12,000	SH		SOLE		0	0	12,000
GENERAL MLS INC	COM	370334104	565	14,512	SH		SOLE		0	0	14,512
SALLY BEAUTY HLDGS INC	COM	79546E104	345	20,225	SH		SOLE		0	0	20,225
KBR INC	COM	48242W106	652	42,975	SH		SOLE		0	0	42,975
RIO TINTO PLC	SPONSORED ADR	767204100	636	13,115	SH		SOLE		0	0	13,115
ORCHIDS PAPER PRODS CO DEL	COM	68572N104	10	10,300	SH		SOLE		0	0	10,300
INNOPHOS HOLDINGS INC	COM	45774N108	388	15,825	SH		SOLE		0	0	15,825
DEAN FOODS CO NEW	COM NEW	242370203	404	105,931	SH		SOLE		0	0	105,931
BT GROUP PLC	ADR	05577E101	1,035	68,089	SH		SOLE		0	0	68,089
FABRINET	SHS	G3323L100	267	5,200	SH		SOLE		0	0	5,200
MERCK & CO INC	COM	58933Y105	792	10,366	SH		SOLE		0	0	10,366
CHINA UNICOM (HONG KONG) LTD	SPONSORED ADR	16945R104	521	48,900	SH		SOLE		0	0	48,900
UBS GROUP AG	SHS	H42097107	644	52,009	SH		SOLE		0	0	52,009
LIQUIDITY SERVICES INC	COM	53635B107	245	39,725	SH		SOLE		0	0	39,725
ABB LTD	SPONSORED ADR	000375204	697	36,682	SH		SOLE		0	0	36,682
SCHNITZER STL INDS	CL A	806882106	263	12,200	SH		SOLE		0	0	12,200
BARRICK GOLD CORP	COM	067901108	317	23,390	SH		SOLE		0	0	23,390
TREDEGAR CORP	COM	894650100	201	12,700	SH		SOLE		0	0	12,700
NATIONAL GRID PLC	SPONSORED ADR NE	636274409	607	12,641	SH		SOLE		0	0	12,641
STEELCASE INC	CL A	858155203	234	15,800	SH		SOLE		0	0	15,800
JEFFERIES FINL GROUP INC	COM	47233W109	840	48,362	SH		SOLE		0	0	48,362
PRECISION DRILLING CORP	COM 2010	74022D308	46	26,500	SH		SOLE		0	0	26,500
NOVARTIS A G	SPONSORED ADR	66987V109	313	3,653	SH		SOLE		0	0	3,653
SPEEDWAY MOTORSPORTS INC	COM	847788106	239	14,700	SH		SOLE		0	0	14,700
MUELLER INDS INC	COM	624756102	715	30,600	SH		SOLE		0	0	30,600
CELESTICA INC	SUB VTG SHS	15101Q108	116	13,233	SH		SOLE		0	0	13,233
CLEVELAND CLIFFS INC	COM	185899101	83	10,750	SH		SOLE		0	0	10,750
BRISTOW GROUP INC	COM	110394103	32	13,300	SH		SOLE		0	0	13,300
TRONOX LTD	SHS CL A	Q9235V101	142	18,200	SH		SOLE		0	0	18,200
STMICROELECTRONICS N V	NY REGISTRY	861012102	167	12,034	SH		SOLE		0	0	12,034
ARRIS INTL INC	SHS	G0551A103	218	7,125	SH		SOLE		0	0	7,125
NATIONAL COMM CORP	COM	63546L102	215	5,960	SH		SOLE		0	0	5,960
GUESS INC	COM	401617105	858	41,302	SH		SOLE		0	0	41,302
JABIL INC	COM	466313103	1,245	50,228	SH		SOLE		0	0	50,228
COMPANHIA PARANAENSE ENERG C	SPON ADR PFD	20441B407	1,296	165,475	SH		SOLE		0	0	165,475
SPRINT CORP	COM SER 1	85207U105	78	13,400	SH		SOLE		0	0	13,400
MARINEMAX INC	COM	567908108	759	41,475	SH		SOLE		0	0	41,475
AMERICAN EAGLE OUTFITTERS NE	COM	02553E106	1,427	73,800	SH		SOLE		0	0	73,800
EMERSON ELEC CO	COM	291011104	312	5,215	SH		SOLE		0	0	5,215
AVON PRODS INC	COM	054303102	39	25,475	SH		SOLE		0	0	25,475
KROGER CO	COM	501044101	250	9,088	SH		SOLE		0	0	9,088
TUPPERWARE BRANDS CORP	COM	899896104	503	15,925	SH		SOLE		0	0	15,925
PITNEY BOWES INC	COM	724479100	161	27,307	SH		SOLE		0	0	27,307
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	212	16,070	SH		SOLE		0	0	16,070
OWENS ILL INC	COM NEW	690768403	859	49,800	SH		SOLE		0	0	49,800
FLEX LTD	ORD	Y2573F102	325	42,686	SH		SOLE		0	0	42,686
ACETO CORP	COM	004446100	104	123,482	SH		SOLE		0	0	123,482
ENCANA CORP	COM	292505104	84	14,575	SH		SOLE		0	0	14,575
ARCONIC INC	COM	03965L100	226	13,419	SH		SOLE		0	0	13,419
MARATHON OIL CORP	COM	565849106	195	13,571	SH		SOLE		0	0	13,571
MACYS INC	COM	55616P104	1,222	41,039	SH		SOLE		0	0	41,039
ATLAS AIR WORLDWIDE HLDGS IN	COM NEW	049164205	219	5,200	SH		SOLE		0	0	5,200
TIVO CORP	COM	88870P106	484	51,450	SH		SOLE		0	0	51,450
COMPUTER TASK GROUP INC	COM	205477102	57	13,975	SH		SOLE		0	0	13,975
ARCOS DORADOS HOLDINGS INC	SHS CLASS -A -	G0457F107	284	35,950	SH		SOLE		0	0	35,950
SIGNET JEWELERS LIMITED	SHS	G81276100	600	18,900	SH		SOLE		0	0	18,900
CANON INC	SPONSORED ADR	138006309	1,090	39,475	SH		SOLE		0	0	39,475
NOMURA HLDGS INC	SPONSORED ADR	65535H208	121	32,500	SH		SOLE		0	0	32,500
WHIRLPOOL CORP	COM	963320106	727	6,804	SH		SOLE		0	0	6,804
ROGERS COMMUNICATIONS INC	CL B	775109200	938	18,300	SH		SOLE		0	0	18,300
TENET HEALTHCARE CORP	COM NEW	88033G407	524	30,575	SH		SOLE		0	0	30,575
BANK AMER CORP	COM	060505104	548	22,249	SH		SOLE		0	0	22,249
TECK RESOURCES LTD	CL B	878742204	571	26,526	SH		SOLE		0	0	26,526
BP PLC	SPONSORED ADR	055622104	337	8,900	SH		SOLE		0	0	8,900
HP INC	COM	40434L105	344	16,801	SH		SOLE		0	0	16,801
AMIRA NATURE FOODS LTD	SHS	G0335L102	6	13,850	SH		SOLE		0	0	13,850
ASTRAZENECA PLC	SPONSORED ADR	046353108	303	7,966	SH		SOLE		0	0	7,966
MORGAN STANLEY	COM NEW	617446448	566	14,281	SH		SOLE		0	0	14,281
FERRO CORP	COM	315405100	242	15,425	SH		SOLE		0	0	15,425
ACACIA RESH CORP	ACACIA TCH COM	003881307	64	21,600	SH		SOLE		0	0	21,600
NASDAQ INC	COM	631103108	310	3,800	SH		SOLE		0	0	3,800
TITAN MACHY INC	COM	88830R101	671	50,990	SH		SOLE		0	0	50,990
NUTRIEN LTD	COM	67077M108	1,202	25,582	SH		SOLE		0	0	25,582
MICHAEL KORS HLDGS LTD	SHS	G60754101	1,057	27,877	SH		SOLE		0	0	27,877
AES CORP	COM	00130H105	882	60,964	SH		SOLE		0	0	60,964
JOHNSON & JOHNSON	COM	478160104	237	1,840	SH		SOLE		0	0	1,840
INVESCO EXCHANGE TRADED FD T	S&P500 PUR GWT	46137V266	811	8,134	SH		SOLE		0	0	8,134
ASCENA RETAIL GROUP INC	COM	04351G101	55	22,000	SH		SOLE		0	0	22,000
FREDS INC	CL A	356108100	98	52,000	SH		SOLE		0	0	52,000
ENTERCOM COMMUNICATIONS CORP	CL A	293639100	194	33,950	SH		SOLE		0	0	33,950
TRANSOCEAN LTD	REG SHS	H8817H100	111	15,927	SH		SOLE		0	0	15,927
KIMBALL INTL INC	CL B	494274103	155	10,900	SH		SOLE		0	0	10,900
REALOGY HLDGS CORP	COM	75605Y106	314	21,407	SH		SOLE		0	0	21,407
BIG 5 SPORTING GOODS CORP	COM	08915P101	56	21,795	SH		SOLE		0	0	21,795
FOSSIL GROUP INC	COM	34988V106	160	10,200	SH		SOLE		0	0	10,200
SYPRIS SOLUTIONS INC	COM	871655106	12	15,287	SH		SOLE		0	0	15,287
KRAFT HEINZ CO	COM	500754106	650	15,100	SH		SOLE		0	0	15,100