Ceredex Value 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
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
ABBOTT LABS	COM	002824100	40,803	517,081	SH		OTR		0	472,069	45,012
ABBOTT LABS	COM	002824100	41,540	526,427	SH		SOLE		526,427	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	57,433	800,000	SH		OTR		0	800,000	0
AGILENT TECHNOLOGIES INC	COM	00846U101	13,318	185,500	SH		SOLE		185,500	0	0
AIR PRODS & CHEMS INC	COM	009158106	66,812	332,670	SH		OTR		0	321,121	11,549
AIR PRODS & CHEMS INC	COM	009158106	36,451	181,428	SH		SOLE		181,428	0	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	3,371	300,465	SH		OTR		0	300,465	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	2,787	248,408	SH		SOLE		190,736	0	57,672
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	49,026	355,911	SH		OTR		0	346,768	9,143
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	22,750	164,984	SH		SOLE		164,984	0	0
AMERICAN CAMPUS CMNTYS INC	COM	024835100	20,617	742,964	SH		OTR		0	742,964	0
AMERICAN CAMPUS CMNTYS INC	COM	024835100	9,486	341,850	SH		SOLE		283,850	0	58,000
AMERICAN EAGLE OUTFITTERS IN	COM	02553E106	1,364	171,574	SH		OTR		0	171,574	0
AMERICAN EAGLE OUTFITTERS IN	COM	02553E106	1,125	141,451	SH		SOLE		108,551	0	32,900
AMERICAN ELEC PWR CO INC	COM	025537101	49,668	621,000	SH		OTR		0	604,394	16,606
AMERICAN ELEC PWR CO INC	COM	025537101	23,531	294,205	SH		SOLE		294,205	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	46,993	2,025,577	SH		OTR		0	1,968,980	56,597
AMERICAN HOMES 4 RENT	CL A	02665T306	22,805	982,974	SH		SOLE		982,974	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	15,783	650,832	SH		OTR		0	594,331	56,501
AMERICAN INTL GROUP INC	COM NEW	026874784	16,005	659,988	SH		SOLE		659,988	0	0
AMERISAFE INC	COM	03071H100	5,284	81,961	SH		OTR		0	81,961	0
AMERISAFE INC	COM	03071H100	4,280	66,390	SH		SOLE		50,590	0	15,800
APOGEE ENTERPRISES INC	COM	037598109	5,010	240,621	SH		OTR		0	240,621	0
APOGEE ENTERPRISES INC	COM	037598109	4,235	203,431	SH		SOLE		156,931	0	46,500
APTARGROUP INC	COM	038336103	25,039	251,551	SH		OTR		0	251,551	0
APTARGROUP INC	COM	038336103	20,665	207,600	SH		SOLE		159,200	0	48,400
ARCHER DANIELS MIDLAND CO	COM	039483102	7	200	SH		SOLE		200	0	0
ARTISAN PARTNERS ASSET MGMT	CL A	04316A108	2,102	97,826	SH		OTR		0	97,826	0
ARTISAN PARTNERS ASSET MGMT	CL A	04316A108	1,728	80,389	SH		SOLE		61,889	0	18,500
ASHLAND GLOBAL HLDGS INC	COM	044186104	9,533	190,400	SH		OTR		0	190,400	0
ASHLAND GLOBAL HLDGS INC	COM	044186104	7,851	156,800	SH		SOLE		120,300	0	36,500
AVERY DENNISON CORP	COM	053611109	26,996	265,000	SH		OTR		0	265,000	0
AVERY DENNISON CORP	COM	053611109	6,296	61,800	SH		SOLE		61,800	0	0
AXIS CAPITAL HOLDINGS LTD	SHS	G0692U109	38,084	975,000	SH		OTR		0	975,000	0
AXIS CAPITAL HOLDINGS LTD	SHS	G0692U109	9,019	230,900	SH		SOLE		230,900	0	0
BANK HAWAII CORP	COM	062540109	8,668	156,922	SH		OTR		0	156,922	0
BANK HAWAII CORP	COM	062540109	7,042	127,486	SH		SOLE		97,186	0	30,300
BECTON DICKINSON & CO	COM	075887109	43,645	189,950	SH		OTR		0	173,425	16,525
BECTON DICKINSON & CO	COM	075887109	44,480	193,586	SH		SOLE		193,586	0	0
BEST BUY INC	COM	086516101	30,743	535,000	SH		OTR		0	535,000	0
BEST BUY INC	COM	086516101	7,094	123,450	SH		SOLE		123,450	0	0
BK OF AMERICA CORP	COM	060505104	44,164	2,080,250	SH		OTR		0	1,902,240	178,010
BK OF AMERICA CORP	COM	060505104	44,535	2,097,740	SH		SOLE		2,097,740	0	0
BORGWARNER INC	COM	099724106	50,275	2,062,973	SH		OTR		0	2,030,340	32,633
BORGWARNER INC	COM	099724106	18,920	776,363	SH		SOLE		776,363	0	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	39,096	410,000	SH		OTR		0	410,000	0
BROADRIDGE FINL SOLUTIONS IN	COM	11133T103	9,040	94,800	SH		SOLE		94,800	0	0
BRUKER CORP	COM	116794108	7,918	220,800	SH		OTR		0	220,800	0
BRUKER CORP	COM	116794108	6,512	181,600	SH		SOLE		139,300	0	42,300
CABOT MICROELECTRONICS CORP	COM	12709P103	8,227	71,726	SH		OTR		0	71,726	0
CABOT MICROELECTRONICS CORP	COM	12709P103	6,853	59,769	SH		SOLE		45,967	0	13,802
CALAVO GROWERS INC	COM	128246105	8,994	155,900	SH		OTR		0	155,900	0
CALAVO GROWERS INC	COM	128246105	7,367	127,700	SH		SOLE		98,100	0	29,600
CAPITAL ONE FINL CORP	COM	14040H105	36,555	725,000	SH		OTR		0	725,000	0
CAPITAL ONE FINL CORP	COM	14040H105	8,491	168,400	SH		SOLE		168,400	0	0
CATHAY GEN BANCORP	COM	149150104	5,725	249,453	SH		OTR		0	249,453	0
CATHAY GEN BANCORP	COM	149150104	4,670	203,470	SH		SOLE		156,770	0	46,700
CMS ENERGY CORP	COM	125896100	29,375	500,000	SH		OTR		0	500,000	0
CMS ENERGY CORP	COM	125896100	6,821	116,100	SH		SOLE		116,100	0	0
COHU INC	COM	192576106	3,665	294,603	SH		OTR		0	294,603	0
COHU INC	COM	192576106	2,891	232,504	SH		SOLE		178,304	0	54,200
COLUMBIA SPORTSWEAR CO	COM	198516106	18,489	265,000	SH		OTR		0	265,000	0
COLUMBIA SPORTSWEAR CO	COM	198516106	4,314	61,825	SH		SOLE		61,825	0	0
COMERICA INC	COM	200340107	55,435	1,850,000	SH		OTR		0	1,850,000	0
COMERICA INC	COM	200340107	12,862	429,150	SH		SOLE		429,150	0	0
COMTECH TELECOMMUNICATIONS C	COM NEW	205826209	516	38,837	SH		OTR		0	38,837	0
COMTECH TELECOMMUNICATIONS C	COM NEW	205826209	433	32,558	SH		SOLE		25,058	0	7,500
COVANTA HLDG CORP	COM	22282E102	44	0	SH		OTR		0	0	0
COVANTA HLDG CORP	COM	22282E102	36	0	SH		SOLE		0	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	37,695	261,046	SH		OTR		0	238,507	22,539
CROWN CASTLE INTL CORP NEW	COM	22822V101	38,173	264,355	SH		SOLE		264,355	0	0
CUBESMART	COM	229663109	6,270	231,200	SH		OTR		0	231,200	0
CUBESMART	COM	229663109	5,276	194,600	SH		SOLE		150,000	0	44,600
CUBIC CORP	COM	229669106	25,690	621,872	SH		OTR		0	621,872	0
CUBIC CORP	COM	229669106	21,221	513,709	SH		SOLE		394,409	0	119,300
DESIGNER BRANDS INC	CL A	250565108	1,386	262,418	SH		OTR		0	262,418	0
DESIGNER BRANDS INC	CL A	250565108	1,145	217,100	SH		SOLE		166,800	0	50,300
DISNEY WALT CO	COM DISNEY	254687106	13,251	137,170	SH		OTR		0	125,243	11,927
DISNEY WALT CO	COM DISNEY	254687106	13,524	139,999	SH		SOLE		139,999	0	0
DOLBY LABORATORIES INC	COM CL A	25659T107	42,721	788,069	SH		OTR		0	788,069	0
DOLBY LABORATORIES INC	COM CL A	25659T107	14,035	258,900	SH		SOLE		234,800	0	24,100
ENERGIZER HLDGS INC NEW	COM	29272W109	82,368	2,722,898	SH		OTR		0	2,722,898	0
ENERGIZER HLDGS INC NEW	COM	29272W109	23,268	769,201	SH		SOLE		726,401	0	42,800
ENERSYS	COM	29275Y102	10,657	215,216	SH		OTR		0	215,216	0
ENERSYS	COM	29275Y102	8,775	177,200	SH		SOLE		135,900	0	41,300
ENPRO INDS INC	COM	29355X107	4,557	115,132	SH		OTR		0	115,132	0
ENPRO INDS INC	COM	29355X107	3,612	91,269	SH		SOLE		70,469	0	20,800
ENTEGRIS INC	COM	29362U104	1,343	30,000	SH		OTR		0	30,000	0
ENTEGRIS INC	COM	29362U104	1,083	24,200	SH		SOLE		18,500	0	5,700
EQUITY LIFESTYLE PPTYS INC	COM	29472R108	14	250	SH		SOLE		250	0	0
EVERCORE INC	CLASS A	29977A105	12,044	261,485	SH		OTR		0	261,485	0
EVERCORE INC	CLASS A	29977A105	9,641	209,308	SH		SOLE		161,308	0	48,000
FASTENAL CO	COM	311900104	61,371	1,963,875	SH		OTR		0	1,923,826	40,049
FASTENAL CO	COM	311900104	25,579	818,522	SH		SOLE		818,522	0	0
FEDEX CORP	COM	31428X106	321	0	SH		OTR		0	0	0
FEDEX CORP	COM	31428X106	121	0	SH		SOLE		0	0	0
FIRST AMERN FINL CORP	COM	31847R102	23,261	548,488	SH		OTR		0	548,488	0
FIRST AMERN FINL CORP	COM	31847R102	19,101	450,400	SH		SOLE		346,900	0	103,500
FIRST HAWAIIAN INC	COM	32051X108	13,179	797,300	SH		OTR		0	797,300	0
FIRST HAWAIIAN INC	COM	32051X108	11,099	671,420	SH		SOLE		517,620	0	153,800
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	7,964	276,139	SH		OTR		0	276,139	0
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	6,546	226,970	SH		SOLE		174,770	0	52,200
FIRSTENERGY CORP	COM	337932107	82,144	2,050,000	SH		OTR		0	2,050,000	0
FIRSTENERGY CORP	COM	337932107	18,841	470,200	SH		SOLE		470,200	0	0
FLIR SYS INC	COM	302445101	54,436	1,707,000	SH		OTR		0	1,707,000	0
FLIR SYS INC	COM	302445101	19,931	625,000	SH		SOLE		553,100	0	71,900
GARMIN LTD	SHS	H2906T109	20,614	275,000	SH		OTR		0	275,000	0
GARMIN LTD	SHS	H2906T109	4,847	64,665	SH		SOLE		64,665	0	0
GRACE W R & CO DEL NEW	COM	38388F108	11,429	321,042	SH		OTR		0	321,042	0
GRACE W R & CO DEL NEW	COM	38388F108	9,470	266,000	SH		SOLE		204,800	0	61,200
GREAT LAKES DREDGE & DOCK CO	COM	390607109	1	100	SH		SOLE		100	0	0
HANOVER INS GROUP INC	COM	410867105	10,932	120,688	SH		OTR		0	120,688	0
HANOVER INS GROUP INC	COM	410867105	9,012	99,491	SH		SOLE		76,516	0	22,975
HARTFORD FINL SVCS GROUP INC	COM	416515104	48,866	1,375,000	SH		OTR		0	1,375,000	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	11,365	319,800	SH		SOLE		319,800	0	0
HEALTHCARE TR AMER INC	CL A NEW	42225P501	26,004	1,071,000	SH		OTR		0	1,071,000	0
HEALTHCARE TR AMER INC	CL A NEW	42225P501	21,485	884,900	SH		SOLE		678,700	0	206,200
HILL ROM HLDGS INC	COM	431475102	31,561	313,731	SH		OTR		0	313,731	0
HILL ROM HLDGS INC	COM	431475102	25,482	253,298	SH		SOLE		192,598	0	60,700
HONEYWELL INTL INC	COM	438516106	32,743	244,735	SH		OTR		0	223,443	21,292
HONEYWELL INTL INC	COM	438516106	33,360	249,344	SH		SOLE		249,344	0	0
HORACE MANN EDUCATORS CORP N	COM	440327104	8,345	228,079	SH		OTR		0	228,079	0
HORACE MANN EDUCATORS CORP N	COM	440327104	7,054	192,782	SH		SOLE		148,782	0	44,000
HUMANA INC	COM	444859102	124,425	395,453	SH		OTR		0	382,798	12,655
HUMANA INC	COM	444859102	64,880	206,201	SH		SOLE		206,201	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	27	150	SH		SOLE		150	0	0
IDEX CORP	COM	45167R104	55,355	400,806	SH		OTR		0	390,738	10,068
IDEX CORP	COM	45167R104	25,490	184,566	SH		SOLE		184,566	0	0
ILLINOIS TOOL WKS INC	COM	452308109	15,655	109,392	SH		OTR		0	99,948	9,444
ILLINOIS TOOL WKS INC	COM	452308109	15,834	110,627	SH		SOLE		110,627	0	0
INTERPUBLIC GROUP COS INC	COM	460690100	76,147	4,703,310	SH		OTR		0	4,648,632	54,678
INTERPUBLIC GROUP COS INC	COM	460690100	28,977	1,789,810	SH		SOLE		1,723,010	0	66,800
JACOBS ENGR GROUP INC	COM	469814107	38,446	485,000	SH		OTR		0	485,000	0
JACOBS ENGR GROUP INC	COM	469814107	9,017	113,750	SH		SOLE		113,750	0	0
KELLOGG CO	COM	487836108	33,926	565,528	SH		OTR		0	516,362	49,166
KELLOGG CO	COM	487836108	34,569	576,239	SH		SOLE		576,239	0	0
KEMPER CORP DEL	COM	488401100	35,112	472,125	SH		OTR		0	472,125	0
KEMPER CORP DEL	COM	488401100	28,330	380,936	SH		SOLE		289,636	0	91,300
KLA CORPORATION	COM NEW	482480100	82,651	575,000	SH		OTR		0	575,000	0
KLA CORPORATION	COM NEW	482480100	18,823	130,950	SH		SOLE		130,950	0	0
KNIGHT SWIFT TRANSN HLDGS IN	CL A	499049104	29,520	900,000	SH		OTR		0	900,000	0
KNIGHT SWIFT TRANSN HLDGS IN	CL A	499049104	6,950	211,900	SH		SOLE		211,900	0	0
L3HARRIS TECHNOLOGIES INC	COM	502431109	80,106	444,735	SH		OTR		0	427,458	17,277
L3HARRIS TECHNOLOGIES INC	COM	502431109	46,057	255,702	SH		SOLE		255,702	0	0
LENNOX INTL INC	COM	526107107	37,425	205,000	SH		OTR		0	205,000	0
LENNOX INTL INC	COM	526107107	8,699	47,650	SH		SOLE		47,650	0	0
LINCOLN NATL CORP IND	COM	534187109	34,216	1,300,000	SH		OTR		0	1,300,000	0
LINCOLN NATL CORP IND	COM	534187109	7,978	303,100	SH		SOLE		303,100	0	0
LITTELFUSE INC	COM	537008104	9,399	70,447	SH		OTR		0	70,447	0
LITTELFUSE INC	COM	537008104	7,658	57,400	SH		SOLE		44,100	0	13,300
MARATHON PETE CORP	COM	56585A102	95,605	4,047,639	SH		OTR		0	3,943,078	104,561
MARATHON PETE CORP	COM	56585A102	44,052	1,865,009	SH		SOLE		1,865,009	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	39,738	210,000	SH		OTR		0	210,000	0
MARTIN MARIETTA MATLS INC	COM	573284106	9,234	48,800	SH		SOLE		48,800	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	63,004	3,610,362	SH		OTR		0	3,536,085	74,277
MEDICAL PPTYS TRUST INC	COM	58463J304	26,246	1,510,163	SH		SOLE		1,510,163	0	0
MESA LABS INC	COM	59064R109	28	125	SH		SOLE		125	0	0
MICROSOFT CORP	COM	594918104	33,687	213,598	SH		OTR		0	195,043	18,555
MICROSOFT CORP	COM	594918104	34,329	217,672	SH		SOLE		217,672	0	0
MILLER HERMAN INC	COM	600544100	6,714	299,566	SH		OTR		0	299,566	0
MILLER HERMAN INC	COM	600544100	5,533	247,126	SH		SOLE		189,626	0	57,500
MKS INSTRS INC	COM	55306N104	9,960	122,284	SH		OTR		0	122,284	0
MKS INSTRS INC	COM	55306N104	8,170	100,310	SH		SOLE		77,410	0	22,900
MONOLITHIC PWR SYS INC	COM	609839105	12,916	76,897	SH		OTR		0	76,897	0
MONOLITHIC PWR SYS INC	COM	609839105	10,004	59,565	SH		SOLE		45,365	0	14,200
MOTOROLA SOLUTIONS INC	COM NEW	620076307	111,335	833,506	SH		OTR		0	813,227	20,279
MOTOROLA SOLUTIONS INC	COM NEW	620076307	50,458	377,701	SH		SOLE		377,701	0	0
NATIONAL INSTRS CORP	COM	636518102	6,504	196,600	SH		OTR		0	196,600	0
NATIONAL INSTRS CORP	COM	636518102	5,316	160,700	SH		SOLE		123,700	0	37,000
NEXTERA ENERGY INC	COM	65339F101	45,673	189,813	SH		OTR		0	173,303	16,510
NEXTERA ENERGY INC	COM	65339F101	46,473	193,137	SH		SOLE		193,137	0	0
NUCOR CORP	COM	670346105	14,568	399,712	SH		OTR		0	365,200	34,512
NUCOR CORP	COM	670346105	14,736	404,192	SH		SOLE		404,192	0	0
OUTFRONT MEDIA INC	COM	69007J106	2,813	208,656	SH		OTR		0	208,656	0
OUTFRONT MEDIA INC	COM	69007J106	2,324	172,423	SH		SOLE		132,423	0	40,000
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	14,300	510,720	SH		OTR		0	510,720	0
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	11,771	420,410	SH		SOLE		322,510	0	97,900
PENTAIR PLC	SHS	G7S00T104	10,999	369,600	SH		OTR		0	369,600	0
PENTAIR PLC	SHS	G7S00T104	9,050	304,100	SH		SOLE		233,300	0	70,800
PERKINELMER INC	COM	714046109	30	400	SH		SOLE		400	0	0
PHYSICIANS RLTY TR	COM	71943U104	24,327	1,745,101	SH		OTR		0	1,745,101	0
PHYSICIANS RLTY TR	COM	71943U104	20,131	1,444,150	SH		SOLE		1,113,950	0	330,200
PINNACLE FINL PARTNERS INC	COM	72346Q104	59,332	1,580,500	SH		OTR		0	1,580,500	0
PINNACLE FINL PARTNERS INC	COM	72346Q104	13,552	361,000	SH		SOLE		361,000	0	0
POWER INTEGRATIONS INC	COM	739276103	29,702	336,260	SH		OTR		0	336,260	0
POWER INTEGRATIONS INC	COM	739276103	23,960	271,256	SH		SOLE		206,256	0	65,000
PPG INDS INC	COM	693506107	63,954	765,000	SH		OTR		0	765,000	0
PPG INDS INC	COM	693506107	14,902	178,250	SH		SOLE		178,250	0	0
PROGRESSIVE CORP OHIO	COM	743315103	59,072	800,000	SH		OTR		0	800,000	0
PROGRESSIVE CORP OHIO	COM	743315103	13,654	184,919	SH		SOLE		184,919	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	57,260	1,275,000	SH		OTR		0	1,275,000	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	12,997	289,400	SH		SOLE		289,400	0	0
QUALCOMM INC	COM	747525103	37,292	551,247	SH		OTR		0	504,132	47,115
QUALCOMM INC	COM	747525103	37,701	557,292	SH		SOLE		557,292	0	0
QUANTA SVCS INC	COM	74762E102	23,452	739,100	SH		OTR		0	739,100	0
QUANTA SVCS INC	COM	74762E102	19,327	609,100	SH		SOLE		467,400	0	141,700
RITCHIE BROS AUCTIONEERS	COM	767744105	5,899	172,578	SH		OTR		0	172,578	0
RITCHIE BROS AUCTIONEERS	COM	767744105	4,975	145,556	SH		SOLE		112,156	0	33,400
ROCKWELL AUTOMATION INC	COM	773903109	44,416	294,319	SH		OTR		0	288,733	5,586
ROCKWELL AUTOMATION INC	COM	773903109	17,897	118,597	SH		SOLE		118,597	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	777	0	SH		OTR		0	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	331	0	SH		SOLE		0	0	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	45,895	170,000	SH		OTR		0	170,000	0
SBA COMMUNICATIONS CORP NEW	CL A	78410G104	10,650	39,450	SH		SOLE		39,450	0	0
SEMPRA ENERGY	COM	816851109	37,056	325,000	SH		OTR		0	325,000	0
SEMPRA ENERGY	COM	816851109	8,619	75,600	SH		SOLE		75,600	0	0
SLM CORP	COM	78442P106	19,822	2,756,937	SH		OTR		0	2,756,937	0
SLM CORP	COM	78442P106	16,327	2,270,800	SH		SOLE		1,749,400	0	521,400
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	24,662	1,030,000	SH		OTR		0	1,030,000	0
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	5,677	237,100	SH		SOLE		237,100	0	0
STANLEY BLACK & DECKER INC	COM	854502101	46,237	462,371	SH		OTR		0	453,914	8,457
STANLEY BLACK & DECKER INC	COM	854502101	18,355	183,554	SH		SOLE		183,554	0	0
STANTEC INC	COM	85472N109	7,329	285,500	SH		OTR		0	285,500	0
STANTEC INC	COM	85472N109	6,032	235,000	SH		SOLE		180,800	0	54,200
TENNANT CO	COM	880345103	2,837	48,964	SH		OTR		0	48,964	0
TENNANT CO	COM	880345103	2,346	40,478	SH		SOLE		31,178	0	9,300
VERIZON COMMUNICATIONS INC	COM	92343V104	41,600	774,236	SH		OTR		0	706,920	67,316
VERIZON COMMUNICATIONS INC	COM	92343V104	42,321	787,666	SH		SOLE		787,666	0	0
VULCAN MATLS CO	COM	929160109	14,448	133,695	SH		OTR		0	122,151	11,544
VULCAN MATLS CO	COM	929160109	14,611	135,195	SH		SOLE		135,195	0	0
WABASH NATL CORP	COM	929566107	3,937	545,263	SH		OTR		0	545,263	0
WABASH NATL CORP	COM	929566107	3,237	448,276	SH		SOLE		346,076	0	102,200
WELLS FARGO CO NEW	COM	949746101	37,398	1,303,052	SH		OTR		0	1,191,550	111,502
WELLS FARGO CO NEW	COM	949746101	37,640	1,311,490	SH		SOLE		1,311,490	0	0
WESTERN DIGITAL CORP.	COM	958102105	57,436	1,380,000	SH		OTR		0	1,380,000	0
WESTERN DIGITAL CORP.	COM	958102105	13,306	319,700	SH		SOLE		319,700	0	0
WILLIAMS SONOMA INC	COM	969904101	31,890	750,000	SH		OTR		0	750,000	0
WILLIAMS SONOMA INC	COM	969904101	7,467	175,600	SH		SOLE		175,600	0	0
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	105,648	619,527	SH		OTR		0	603,094	16,433
WILLIS TOWERS WATSON PLC LTD	SHS	G96629103	48,687	285,511	SH		SOLE		285,511	0	0
XCEL ENERGY INC	COM	98389B100	12	200	SH		SOLE		200	0	0
XILINX INC	COM	983919101	147,068	1,886,942	SH		OTR		0	1,843,329	43,613
XILINX INC	COM	983919101	64,836	831,874	SH		SOLE		831,874	0	0
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	156,490	1,544,307	SH		OTR		0	1,505,660	38,647
ZIMMER BIOMET HOLDINGS INC	COM	98956P102	71,756	708,160	SH		SOLE		708,160	0	0
ZIONS BANCORPORATION N A	COM	989701107	58,872	2,200,000	SH		OTR		0	2,200,000	0
ZIONS BANCORPORATION N A	COM	989701107	13,795	515,500	SH		SOLE		515,500	0	0