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
AAR CORP	COM	000361105	10,519	238,470	SH		OTR		0	238,470	0
AAR CORP	COM	000361105	13,038	295,588	SH		SOLE		120,328	0	175,260
ABBOTT LABS	COM	002824100	65,983	1,101,185	SH		OTR		0	1,043,435	57,750
ABBOTT LABS	COM	002824100	31,253	521,576	SH		SOLE		521,576	0	0
ABM INDS INC	COM	000957100	503	15,030	SH		OTR		0	15,030	0
ABM INDS INC	COM	000957100	640	19,103	SH		SOLE		8,025	0	11,078
AFFILIATED MANAGERS GROUP	COM	008252108	41,708	220,000	SH		OTR		0	220,000	0
AFFILIATED MANAGERS GROUP	COM	008252108	8,673	45,750	SH		SOLE		45,750	0	0
AIR PRODS & CHEMS INC	COM	009158106	79,733	497,958	SH		OTR		0	482,667	15,291
AIR PRODS & CHEMS INC	COM	009158106	29,178	182,217	SH		SOLE		182,217	0	0
ALASKA AIR GROUP INC	COM	011659109	41,823	675,000	SH		OTR		0	675,000	0
ALASKA AIR GROUP INC	COM	011659109	8,659	139,750	SH		SOLE		139,750	0	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	10,551	456,143	SH		OTR		0	456,143	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	13,009	562,424	SH		SOLE		229,228	0	333,196
ALLERGAN PLC	SHS	G0177J108	40,522	240,785	SH		OTR		0	228,163	12,622
ALLERGAN PLC	SHS	G0177J108	18,364	109,124	SH		SOLE		109,124	0	0
ALLETE INC	COM NEW	018522300	592	8,190	SH		OTR		0	8,190	0
ALLETE INC	COM NEW	018522300	769	10,641	SH		SOLE		4,561	0	6,080
AMC ENTMT HLDGS INC	CL A COM	00165C104	15,220	1,083,240	SH		OTR		0	1,083,240	0
AMC ENTMT HLDGS INC	CL A COM	00165C104	17,952	1,277,736	SH		SOLE		524,196	0	753,540
AMERICAN CAMPUS CMNTYS INC	COM	024835100	83,033	2,150,000	SH		OTR		0	2,150,000	0
AMERICAN CAMPUS CMNTYS INC	COM	024835100	16,956	439,050	SH		SOLE		439,050	0	0
AMERICAN EAGLE OUTFITTERS NE	COM	02553E106	27,711	1,390,400	SH		OTR		0	1,390,400	0
AMERICAN EAGLE OUTFITTERS NE	COM	02553E106	33,043	1,657,935	SH		SOLE		682,035	0	975,900
AMERICAN HOMES 4 RENT	CL A	02665T306	68,442	3,400,000	SH		OTR		0	3,400,000	0
AMERICAN HOMES 4 RENT	CL A	02665T306	14,090	700,000	SH		SOLE		700,000	0	0
AMERISOURCEBERGEN CORP	COM	03073E105	66,813	775,000	SH		OTR		0	775,000	0
AMERISOURCEBERGEN CORP	COM	03073E105	13,794	160,000	SH		SOLE		160,000	0	0
ANADARKO PETE CORP	COM	032511107	48,932	810,000	SH		OTR		0	810,000	0
ANADARKO PETE CORP	COM	032511107	10,191	168,700	SH		SOLE		168,700	0	0
ANALOG DEVICES INC	COM	032654105	81,344	892,620	SH		OTR		0	869,962	22,658
ANALOG DEVICES INC	COM	032654105	27,146	297,882	SH		SOLE		297,882	0	0
ANDEAVOR	COM	03349M105	50,280	500,000	SH		OTR		0	500,000	0
ANDEAVOR	COM	03349M105	10,511	104,525	SH		SOLE		104,525	0	0
APOGEE ENTERPRISES INC	COM	037598109	19,230	443,600	SH		OTR		0	443,600	0
APOGEE ENTERPRISES INC	COM	037598109	23,740	547,644	SH		SOLE		222,544	0	325,100
APPLE INC	COM	037833100	37,283	222,215	SH		OTR		0	210,573	11,642
APPLE INC	COM	037833100	17,455	104,034	SH		SOLE		104,034	0	0
ARTISAN PARTNERS ASSET MGMT	CL A	04316A108	3,630	109,000	SH		OTR		0	109,000	0
ARTISAN PARTNERS ASSET MGMT	CL A	04316A108	4,312	129,482	SH		SOLE		52,982	0	76,500
ASTEC INDS INC	COM	046224101	2,886	52,300	SH		OTR		0	52,300	0
ASTEC INDS INC	COM	046224101	3,542	64,183	SH		SOLE		25,983	0	38,200
B & G FOODS INC NEW	COM	05508R106	34,548	1,429,600	SH		OTR		0	1,429,600	0
B & G FOODS INC NEW	COM	05508R106	42,728	1,768,557	SH		SOLE		719,657	0	1,048,900
BADGER METER INC	COM	056525108	510	10,816	SH		OTR		0	10,816	0
BADGER METER INC	COM	056525108	643	13,633	SH		SOLE		5,751	0	7,882
BAKER HUGHES A GE CO	CL A	05722G100	30,547	1,100,000	SH		OTR		0	1,100,000	0
BAKER HUGHES A GE CO	CL A	05722G100	6,284	226,300	SH		SOLE		226,300	0	0
BANK HAWAII CORP	COM	062540109	20,332	244,674	SH		OTR		0	244,674	0
BANK HAWAII CORP	COM	062540109	24,626	296,338	SH		SOLE		121,158	0	175,180
BLACKROCK INC	COM	09247X101	20,058	37,026	SH		OTR		0	35,081	1,945
BLACKROCK INC	COM	09247X101	9,617	17,752	SH		SOLE		17,752	0	0
BLOOMIN BRANDS INC	COM	094235108	26,266	1,081,800	SH		OTR		0	1,081,800	0
BLOOMIN BRANDS INC	COM	094235108	32,497	1,338,408	SH		SOLE		544,908	0	793,500
BP PLC	SPONSORED ADR	055622104	53,997	1,331,946	SH		OTR		0	1,262,187	69,759
BP PLC	SPONSORED ADR	055622104	24,150	595,712	SH		SOLE		595,712	0	0
BRUNSWICK CORP	COM	117043109	29,695	500,000	SH		OTR		0	500,000	0
BRUNSWICK CORP	COM	117043109	6,050	101,875	SH		SOLE		101,875	0	0
CABOT OIL & GAS CORP	COM	127097103	44,123	1,840,000	SH		OTR		0	1,840,000	0
CABOT OIL & GAS CORP	COM	127097103	8,828	368,150	SH		SOLE		368,150	0	0
CALAVO GROWERS INC	COM	128246105	10,133	109,900	SH		OTR		0	109,900	0
CALAVO GROWERS INC	COM	128246105	12,638	137,076	SH		SOLE		56,076	0	81,000
CAPITAL ONE FINL CORP	COM	14040H105	45,099	470,665	SH		OTR		0	445,954	24,711
CAPITAL ONE FINL CORP	COM	14040H105	21,152	220,745	SH		SOLE		220,745	0	0
CARPENTER TECHNOLOGY CORP	COM	144285103	8,483	192,280	SH		OTR		0	192,280	0
CARPENTER TECHNOLOGY CORP	COM	144285103	10,483	237,611	SH		SOLE		96,711	0	140,900
CHEESECAKE FACTORY INC	COM	163072101	5,647	117,100	SH		OTR		0	117,100	0
CHEESECAKE FACTORY INC	COM	163072101	6,813	141,287	SH		SOLE		57,487	0	83,800
CHEVRON CORP NEW	COM	166764100	50,066	439,019	SH		OTR		0	415,949	23,070
CHEVRON CORP NEW	COM	166764100	24,298	213,063	SH		SOLE		213,063	0	0
CHICOS FAS INC	COM	168615102	9,283	1,017,170	SH		OTR		0	1,017,170	0
CHICOS FAS INC	COM	168615102	11,491	1,259,398	SH		SOLE		512,808	0	746,590
CHUBB LIMITED	COM	H1467J104	42,534	309,381	SH		OTR		0	293,145	16,236
CHUBB LIMITED	COM	H1467J104	19,389	141,035	SH		SOLE		141,035	0	0
CINEMARK HOLDINGS INC	COM	17243V102	19,400	515,000	SH		OTR		0	515,000	0
CINEMARK HOLDINGS INC	COM	17243V102	3,924	104,175	SH		SOLE		104,175	0	0
CITIGROUP INC	COM NEW	172967424	63,912	946,846	SH		OTR		0	897,416	49,430
CITIGROUP INC	COM NEW	172967424	29,987	444,251	SH		SOLE		444,251	0	0
CMS ENERGY CORP	COM	125896100	47,102	1,040,000	SH		OTR		0	1,040,000	0
CMS ENERGY CORP	COM	125896100	9,624	212,500	SH		SOLE		212,500	0	0
COHEN & STEERS INC	COM	19247A100	11,600	285,289	SH		OTR		0	285,289	0
COHEN & STEERS INC	COM	19247A100	14,412	354,441	SH		SOLE		144,142	0	210,299
COMCAST CORP NEW	CL A	20030N101	44,046	1,289,035	SH		OTR		0	1,221,443	67,592
COMCAST CORP NEW	CL A	20030N101	20,723	606,474	SH		SOLE		606,474	0	0
CONAGRA BRANDS INC	COM	205887102	18,071	490,000	SH		OTR		0	490,000	0
CONAGRA BRANDS INC	COM	205887102	3,734	101,250	SH		SOLE		101,250	0	0
COOPER COS INC	COM NEW	216648402	30,889	135,000	SH		OTR		0	135,000	0
COOPER COS INC	COM NEW	216648402	6,447	28,175	SH		SOLE		28,175	0	0
COUSINS PPTYS INC	COM	222795106	43,400	5,000,000	SH		OTR		0	5,000,000	0
COUSINS PPTYS INC	COM	222795106	8,649	996,485	SH		SOLE		996,485	0	0
COVANTA HLDG CORP	COM	22282E102	25,640	1,738,200	SH		OTR		0	1,738,200	0
COVANTA HLDG CORP	COM	22282E102	31,854	2,159,970	SH		SOLE		880,870	0	1,279,100
CRANE CO	COM	224399105	30,141	325,000	SH		OTR		0	325,000	0
CRANE CO	COM	224399105	6,123	66,025	SH		SOLE		66,025	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	57,671	526,145	SH		OTR		0	498,551	27,594
CROWN CASTLE INTL CORP NEW	COM	22822V101	27,189	248,053	SH		SOLE		248,053	0	0
CUBIC CORP	COM	229669106	26,286	413,300	SH		OTR		0	413,300	0
CUBIC CORP	COM	229669106	32,047	503,885	SH		SOLE		204,985	0	298,900
CYPRESS SEMICONDUCTOR CORP	COM	232806109	52,064	3,050,000	SH		OTR		0	3,050,000	0
CYPRESS SEMICONDUCTOR CORP	COM	232806109	10,490	614,500	SH		SOLE		614,500	0	0
CYRUSONE INC	COM	23283R100	36,686	710,000	SH		OTR		0	710,000	0
CYRUSONE INC	COM	23283R100	7,544	146,000	SH		SOLE		146,000	0	0
DAKTRONICS INC	COM	234264109	6,103	692,720	SH		OTR		0	692,720	0
DAKTRONICS INC	COM	234264109	7,481	849,181	SH		SOLE		345,261	0	503,920
DELTA AIR LINES INC DEL	COM NEW	247361702	28,703	523,678	SH		OTR		0	496,170	27,508
DELTA AIR LINES INC DEL	COM NEW	247361702	13,521	246,683	SH		SOLE		246,683	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	7,211	682,500	SH		OTR		0	682,500	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	8,868	839,474	SH		SOLE		341,374	0	498,100
DISNEY WALT CO	COM DISNEY	254687106	28,668	285,420	SH		OTR		0	270,480	14,940
DISNEY WALT CO	COM DISNEY	254687106	13,398	133,390	SH		SOLE		133,390	0	0
DOVER CORP	COM	260003108	37,324	380,000	SH		OTR		0	380,000	0
DOVER CORP	COM	260003108	7,801	79,425	SH		SOLE		79,425	0	0
DOWDUPONT INC	COM	26078J100	28,704	450,543	SH		OTR		0	426,802	23,741
DOWDUPONT INC	COM	26078J100	13,540	212,522	SH		SOLE		212,522	0	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	54,722	460,000	SH		OTR		0	460,000	0
DR PEPPER SNAPPLE GROUP INC	COM	26138E109	11,055	92,925	SH		SOLE		92,925	0	0
DSW INC	CL A	23334L102	577	25,400	SH		OTR		0	25,400	0
DSW INC	CL A	23334L102	727	32,027	SH		SOLE		13,227	0	18,800
EDUCATION RLTY TR INC	COM NEW	28140H203	27,294	833,400	SH		OTR		0	833,400	0
EDUCATION RLTY TR INC	COM NEW	28140H203	33,720	1,029,609	SH		SOLE		418,509	0	611,100
EMCOR GROUP INC	COM	29084Q100	570	7,320	SH		OTR		0	7,320	0
EMCOR GROUP INC	COM	29084Q100	727	9,331	SH		SOLE		3,941	0	5,390
EMERSON ELEC CO	COM	291011104	24,666	361,140	SH		OTR		0	342,195	18,945
EMERSON ELEC CO	COM	291011104	11,601	169,855	SH		SOLE		169,855	0	0
ENERGIZER HLDGS INC NEW	COM	29272W109	106,076	1,780,400	SH		OTR		0	1,780,400	0
ENERGIZER HLDGS INC NEW	COM	29272W109	75,414	1,265,759	SH		SOLE		625,959	0	639,800
ENPRO INDS INC	COM	29355X107	8,636	111,600	SH		OTR		0	111,600	0
ENPRO INDS INC	COM	29355X107	10,594	136,907	SH		SOLE		55,407	0	81,500
ENTRAVISION COMMUNICATIONS C	CL A	29382R107	7,179	1,527,400	SH		OTR		0	1,527,400	0
ENTRAVISION COMMUNICATIONS C	CL A	29382R107	8,628	1,835,783	SH		SOLE		754,083	0	1,081,700
EVERCORE INC	CLASS A	29977A105	29,674	340,301	SH		OTR		0	340,301	0
EVERCORE INC	CLASS A	29977A105	36,762	421,585	SH		SOLE		171,795	0	249,790
EVEREST RE GROUP LTD	COM	G3223R108	20,546	80,000	SH		OTR		0	80,000	0
EVEREST RE GROUP LTD	COM	G3223R108	4,289	16,700	SH		SOLE		16,700	0	0
EXXON MOBIL CORP	COM	30231G102	1,290	17,285	SH		SOLE		17,285	0	0
FEDERAL SIGNAL CORP	COM	313855108	1,224	55,600	SH		OTR		0	55,600	0
FEDERAL SIGNAL CORP	COM	313855108	1,497	67,961	SH		SOLE		27,361	0	40,600
FEDEX CORP	COM	31428X106	19,786	82,071	SH		OTR		0	77,764	4,307
FEDEX CORP	COM	31428X106	9,295	38,554	SH		SOLE		38,554	0	0
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	11,731	296,600	SH		OTR		0	296,600	0
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	14,324	362,163	SH		SOLE		147,063	0	215,100
FIRST REP BK SAN FRANCISCO C	COM	33616C100	97,241	1,050,000	SH		OTR		0	1,050,000	0
FIRST REP BK SAN FRANCISCO C	COM	33616C100	19,865	214,500	SH		SOLE		214,500	0	0
FIRSTENERGY CORP	COM	337932107	51,015	1,500,000	SH		OTR		0	1,500,000	0
FIRSTENERGY CORP	COM	337932107	10,601	311,700	SH		SOLE		311,700	0	0
GENERAL ELECTRIC CO	COM	369604103	19,189	1,412,011	SH		OTR		0	1,338,156	73,855
GENERAL ELECTRIC CO	COM	369604103	8,955	658,918	SH		SOLE		658,918	0	0
GENUINE PARTS CO	COM	372460105	31,682	350,000	SH		OTR		0	350,000	0
GENUINE PARTS CO	COM	372460105	6,569	72,575	SH		SOLE		72,575	0	0
GRANITE CONSTR INC	COM	387328107	9,944	177,610	SH		OTR		0	177,610	0
GRANITE CONSTR INC	COM	387328107	12,274	219,215	SH		SOLE		88,855	0	130,360
GREAT LAKES DREDGE & DOCK CO	COM	390607109	0	100	SH		SOLE		100	0	0
GREAT PLAINS ENERGY INC	COM	391164100	57,222	1,800,000	SH		OTR		0	1,800,000	0
GREAT PLAINS ENERGY INC	COM	391164100	11,926	375,150	SH		SOLE		375,150	0	0
GREENBRIER COS INC	COM	393657101	11,070	220,300	SH		OTR		0	220,300	0
GREENBRIER COS INC	COM	393657101	13,463	267,920	SH		SOLE		108,920	0	159,000
HANOVER INS GROUP INC	COM	410867105	17,764	150,681	SH		OTR		0	150,681	0
HANOVER INS GROUP INC	COM	410867105	21,310	180,764	SH		SOLE		69,685	0	111,079
HARTFORD FINL SVCS GROUP INC	COM	416515104	56,935	1,100,000	SH		OTR		0	1,100,000	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	11,836	228,700	SH		SOLE		228,700	0	0
HAYNES INTERNATIONAL INC	COM NEW	420877201	3,135	84,470	SH		OTR		0	84,470	0
HAYNES INTERNATIONAL INC	COM NEW	420877201	3,903	105,164	SH		SOLE		42,964	0	62,200
HECLA MNG CO	COM	422704106	12,987	3,538,820	SH		OTR		0	3,538,820	0
HECLA MNG CO	COM	422704106	16,070	4,378,687	SH		SOLE		1,781,277	0	2,597,410
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	45,799	2,600,000	SH		OTR		0	2,600,000	0
HEWLETT PACKARD ENTERPRISE C	COM	42824C109	9,659	548,450	SH		SOLE		548,450	0	0
HILL ROM HLDGS INC	COM	431475102	41,697	479,280	SH		OTR		0	479,280	0
HILL ROM HLDGS INC	COM	431475102	50,806	583,977	SH		SOLE		239,427	0	344,550
HONEYWELL INTL INC	COM	438516106	56,204	388,925	SH		OTR		0	368,858	20,067
HONEYWELL INTL INC	COM	438516106	25,691	177,781	SH		SOLE		177,781	0	0
HORACE MANN EDUCATORS CORP N	COM	440327104	17,162	401,450	SH		OTR		0	401,450	0
HORACE MANN EDUCATORS CORP N	COM	440327104	21,193	495,744	SH		SOLE		201,424	0	294,320
HORMEL FOODS CORP	COM	440452100	50,622	1,475,000	SH		OTR		0	1,475,000	0
HORMEL FOODS CORP	COM	440452100	10,342	301,350	SH		SOLE		301,350	0	0
HUBBELL INC	COM	443510607	52,974	435,000	SH		OTR		0	435,000	0
HUBBELL INC	COM	443510607	11,036	90,625	SH		SOLE		90,625	0	0
HUMANA INC	COM	444859102	88,879	330,000	SH		OTR		0	330,000	0
HUMANA INC	COM	444859102	18,214	67,625	SH		SOLE		67,625	0	0
INGERSOLL-RAND PLC	SHS	G47791101	68,884	805,565	SH		OTR		0	790,325	15,240
INGERSOLL-RAND PLC	SHS	G47791101	20,425	238,865	SH		SOLE		238,865	0	0
INTER PARFUMS INC	COM	458334109	4,768	100,670	SH		OTR		0	100,670	0
INTER PARFUMS INC	COM	458334109	5,962	125,899	SH		SOLE		51,499	0	74,400
INTERFACE INC	COM	458665304	538	21,368	SH		OTR		0	21,368	0
INTERFACE INC	COM	458665304	679	26,944	SH		SOLE		11,132	0	15,812
INTERPUBLIC GROUP COS INC	COM	460690100	48,018	2,085,000	SH		OTR		0	2,085,000	0
INTERPUBLIC GROUP COS INC	COM	460690100	9,745	423,139	SH		SOLE		423,139	0	0
J & J SNACK FOODS CORP	COM	466032109	4,306	31,400	SH		OTR		0	31,400	0
J & J SNACK FOODS CORP	COM	466032109	5,428	39,586	SH		SOLE		16,386	0	23,200
JPMORGAN CHASE & CO	COM	46625H100	71,148	646,976	SH		OTR		0	613,103	33,873
JPMORGAN CHASE & CO	COM	46625H100	33,274	302,569	SH		SOLE		302,569	0	0
KELLY SVCS INC	CL A	488152208	19,284	664,060	SH		OTR		0	664,060	0
KELLY SVCS INC	CL A	488152208	23,885	822,491	SH		SOLE		335,061	0	487,430
KEMPER CORP DEL	COM	488401100	27,161	476,500	SH		OTR		0	476,500	0
KEMPER CORP DEL	COM	488401100	33,773	592,500	SH		SOLE		240,400	0	352,100
KENNAMETAL INC	COM	489170100	2,209	55,000	SH		OTR		0	55,000	0
KENNAMETAL INC	COM	489170100	3,933	97,942	SH		SOLE		39,842	0	58,100
KFORCE INC	COM	493732101	12,302	454,800	SH		OTR		0	454,800	0
KFORCE INC	COM	493732101	15,161	560,494	SH		SOLE		227,894	0	332,600
KNOLL INC	COM NEW	498904200	16,336	809,120	SH		OTR		0	809,120	0
KNOLL INC	COM NEW	498904200	20,167	998,847	SH		SOLE		405,967	0	592,880
KORN FERRY INTL	COM NEW	500643200	12,959	250,703	SH		OTR		0	250,703	0
KORN FERRY INTL	COM NEW	500643200	16,072	310,933	SH		SOLE		126,792	0	184,141
KRAFT HEINZ CO	COM	500754106	18,488	296,813	SH		OTR		0	281,302	15,511
KRAFT HEINZ CO	COM	500754106	8,644	138,764	SH		SOLE		138,764	0	0
L3 TECHNOLOGIES INC	COM	502413107	2,729	13,121	SH		OTR		0	13,121	0
L3 TECHNOLOGIES INC	COM	502413107	574	2,761	SH		SOLE		2,761	0	0
LITHIA MTRS INC	CL A	536797103	24,386	242,600	SH		OTR		0	242,600	0
LITHIA MTRS INC	CL A	536797103	29,861	297,066	SH		SOLE		120,566	0	176,500
MARTIN MARIETTA MATLS INC	COM	573284106	88,103	425,000	SH		OTR		0	425,000	0
MARTIN MARIETTA MATLS INC	COM	573284106	18,362	88,575	SH		SOLE		88,575	0	0
MATTHEWS INTL CORP	CL A	577128101	5,240	103,550	SH		OTR		0	103,550	0
MATTHEWS INTL CORP	CL A	577128101	6,401	126,508	SH		SOLE		51,388	0	75,120
MB FINANCIAL INC NEW	COM	55264U108	76,912	1,900,000	SH		OTR		0	1,900,000	0
MB FINANCIAL INC NEW	COM	55264U108	16,125	398,350	SH		SOLE		398,350	0	0
MEDICAL PPTYS TRUST INC	COM	58463J304	55,650	4,200,000	SH		OTR		0	4,200,000	0
MEDICAL PPTYS TRUST INC	COM	58463J304	11,139	840,677	SH		SOLE		840,677	0	0
MEREDITH CORP	COM	589433101	48,034	892,831	SH		OTR		0	892,831	0
MEREDITH CORP	COM	589433101	59,423	1,104,517	SH		SOLE		449,467	0	655,050
METLIFE INC	COM	59156R108	44,589	971,647	SH		OTR		0	920,540	51,107
METLIFE INC	COM	59156R108	21,026	458,181	SH		SOLE		458,181	0	0
MICROSOFT CORP	COM	594918104	50,280	550,896	SH		OTR		0	521,909	28,987
MICROSOFT CORP	COM	594918104	23,570	258,247	SH		SOLE		258,247	0	0
MILLER HERMAN INC	COM	600544100	23,408	728,460	SH		OTR		0	728,460	0
MILLER HERMAN INC	COM	600544100	28,950	901,064	SH		SOLE		366,364	0	534,700
MONDELEZ INTL INC	CL A	609207105	19,608	467,457	SH		OTR		0	442,968	24,489
MONDELEZ INTL INC	CL A	609207105	9,179	218,805	SH		SOLE		218,805	0	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	947	62,950	SH		OTR		0	62,950	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	983	65,376	SH		SOLE		27,526	0	37,850
MOTOROLA SOLUTIONS INC	COM NEW	620076307	52,910	500,000	SH		OTR		0	500,000	0
MOTOROLA SOLUTIONS INC	COM NEW	620076307	10,807	102,125	SH		SOLE		102,125	0	0
MUELLER WTR PRODS INC	COM SER A	624758108	510	46,960	SH		OTR		0	46,960	0
MUELLER WTR PRODS INC	COM SER A	624758108	640	58,917	SH		SOLE		24,227	0	34,690
MULTI COLOR CORP	COM	625383104	8,005	121,200	SH		OTR		0	121,200	0
MULTI COLOR CORP	COM	625383104	9,825	148,758	SH		SOLE		60,358	0	88,400
NEXTERA ENERGY INC	COM	65339F101	57,860	354,250	SH		OTR		0	335,707	18,543
NEXTERA ENERGY INC	COM	65339F101	27,166	166,326	SH		SOLE		166,326	0	0
NN INC	COM	629337106	1,654	68,900	SH		OTR		0	68,900	0
NN INC	COM	629337106	1,970	82,077	SH		SOLE		33,977	0	48,100
NOBLE ENERGY INC	COM	655044105	54,540	1,800,000	SH		OTR		0	1,800,000	0
NOBLE ENERGY INC	COM	655044105	11,340	374,250	SH		SOLE		374,250	0	0
NORTHWESTERN CORP	COM NEW	668074305	1,135	21,100	SH		OTR		0	21,100	0
NORTHWESTERN CORP	COM NEW	668074305	1,427	26,521	SH		SOLE		11,021	0	15,500
OMNICOM GROUP INC	COM	681919106	54,724	747,645	SH		OTR		0	708,466	39,179
OMNICOM GROUP INC	COM	681919106	25,640	350,286	SH		SOLE		350,286	0	0
ORACLE CORP	COM	68389X105	75,988	1,660,941	SH		OTR		0	1,573,826	87,115
ORACLE CORP	COM	68389X105	35,739	781,171	SH		SOLE		781,171	0	0
OUTFRONT MEDIA INC	COM	69007J106	25,525	1,362,034	SH		OTR		0	1,362,034	0
OUTFRONT MEDIA INC	COM	69007J106	31,750	1,694,233	SH		SOLE		687,211	0	1,007,022
PAPA JOHNS INTL INC	COM	698813102	544	9,500	SH		OTR		0	9,500	0
PAPA JOHNS INTL INC	COM	698813102	709	12,369	SH		SOLE		5,269	0	7,100
PATTERSON UTI ENERGY INC	COM	703481101	29,504	1,685,000	SH		OTR		0	1,685,000	0
PATTERSON UTI ENERGY INC	COM	703481101	6,157	351,650	SH		SOLE		351,650	0	0
PERRIGO CO PLC	SHS	G97822103	67,922	815,000	SH		OTR		0	815,000	0
PERRIGO CO PLC	SHS	G97822103	13,864	166,350	SH		SOLE		166,350	0	0
PHIBRO ANIMAL HEALTH CORP	CL A COM	71742Q106	20,235	509,700	SH		OTR		0	509,700	0
PHIBRO ANIMAL HEALTH CORP	CL A COM	71742Q106	24,918	627,654	SH		SOLE		255,054	0	372,600
PHYSICIANS RLTY TR	COM	71943U104	30,674	1,970,100	SH		OTR		0	1,970,100	0
PHYSICIANS RLTY TR	COM	71943U104	37,904	2,434,398	SH		SOLE		990,598	0	1,443,800
PINNACLE FINL PARTNERS INC	COM	72346Q104	75,435	1,175,000	SH		OTR		0	1,175,000	0
PINNACLE FINL PARTNERS INC	COM	72346Q104	15,257	237,650	SH		SOLE		237,650	0	0
PINNACLE FOODS INC DEL	COM	72348P104	40,770	750,000	SH		OTR		0	750,000	0
PINNACLE FOODS INC DEL	COM	72348P104	8,453	155,500	SH		SOLE		155,500	0	0
PLANTRONICS INC NEW	COM	727493108	23,461	388,621	SH		OTR		0	388,621	0
PLANTRONICS INC NEW	COM	727493108	28,881	478,401	SH		SOLE		194,584	0	283,817
PPG INDS INC	COM	693506107	64,504	577,996	SH		OTR		0	563,910	14,086
PPG INDS INC	COM	693506107	21,273	190,620	SH		SOLE		190,620	0	0
PPL CORP	COM	69351T106	47,341	1,650,000	SH		OTR		0	1,650,000	0
PPL CORP	COM	69351T106	9,777	340,800	SH		SOLE		340,800	0	0
PRAXAIR INC	COM	74005P104	19,318	133,871	SH		OTR		0	126,949	6,922
PRAXAIR INC	COM	74005P104	8,849	61,325	SH		SOLE		61,325	0	0
PRICESMART INC	COM	741511109	6,291	75,300	SH		OTR		0	75,300	0
PRICESMART INC	COM	741511109	7,746	92,712	SH		SOLE		37,612	0	55,100
PROCTER AND GAMBLE CO	COM	742718109	49,737	627,365	SH		OTR		0	594,471	32,894
PROCTER AND GAMBLE CO	COM	742718109	23,869	301,078	SH		SOLE		301,078	0	0
PROGRESSIVE CORP OHIO	COM	743315103	42,651	700,000	SH		OTR		0	700,000	0
PROGRESSIVE CORP OHIO	COM	743315103	8,871	145,600	SH		SOLE		145,600	0	0
REPUBLIC SVCS INC	COM	760759100	70,433	1,057,979	SH		OTR		0	1,035,497	22,482
REPUBLIC SVCS INC	COM	760759100	21,516	323,191	SH		SOLE		323,191	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	69,516	3,934,134	SH		OTR		0	3,934,134	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	25,127	1,422,029	SH		SOLE		979,065	0	442,964
RITCHIE BROS AUCTIONEERS	COM	767744105	13,060	415,000	SH		OTR		0	415,000	0
RITCHIE BROS AUCTIONEERS	COM	767744105	15,816	502,587	SH		SOLE		204,687	0	297,900
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	52,089	794,883	SH		OTR		0	753,116	41,767
ROYAL DUTCH SHELL PLC	SPON ADR B	780259107	23,507	358,714	SH		SOLE		358,714	0	0
RUTHS HOSPITALITY GROUP INC	COM	783332109	2,860	116,960	SH		OTR		0	116,960	0
RUTHS HOSPITALITY GROUP INC	COM	783332109	3,532	144,444	SH		SOLE		58,574	0	85,870
SCHLUMBERGER LTD	COM	806857108	49,861	764,351	SH		OTR		0	724,445	39,906
SCHLUMBERGER LTD	COM	806857108	22,589	346,382	SH		SOLE		346,382	0	0
SCHNEIDER NATIONAL INC	CL B	80689H102	36,560	1,400,000	SH		OTR		0	1,400,000	0
SCHNEIDER NATIONAL INC	CL B	80689H102	7,649	292,900	SH		SOLE		292,900	0	0
SCHOLASTIC CORP	COM	807066105	6,876	177,040	SH		OTR		0	177,040	0
SCHOLASTIC CORP	COM	807066105	7,940	204,416	SH		SOLE		83,926	0	120,490
SEALED AIR CORP NEW	COM	81211K100	37,655	880,000	SH		OTR		0	880,000	0
SEALED AIR CORP NEW	COM	81211K100	7,658	178,962	SH		SOLE		178,962	0	0
SIMPSON MANUFACTURING CO INC	COM	829073105	10,804	187,600	SH		OTR		0	187,600	0
SIMPSON MANUFACTURING CO INC	COM	829073105	13,355	231,900	SH		SOLE		94,000	0	137,900
SM ENERGY CO	COM	78454L100	8,191	454,300	SH		OTR		0	454,300	0
SM ENERGY CO	COM	78454L100	10,111	560,800	SH		SOLE		228,000	0	332,800
SONIC AUTOMOTIVE INC	CL A	83545G102	18,337	964,550	SH		OTR		0	964,550	0
SONIC AUTOMOTIVE INC	CL A	83545G102	22,154	1,165,423	SH		SOLE		473,633	0	691,790
SONIC CORP	COM	835451105	541	21,458	SH		OTR		0	21,458	0
SONIC CORP	COM	835451105	684	27,126	SH		SOLE		11,183	0	15,943
STANDARD MTR PRODS INC	COM	853666105	3,454	72,600	SH		OTR		0	72,600	0
STANDARD MTR PRODS INC	COM	853666105	4,201	88,321	SH		SOLE		35,821	0	52,500
STANLEY BLACK & DECKER INC	COM	854502101	24,608	160,629	SH		OTR		0	152,194	8,435
STANLEY BLACK & DECKER INC	COM	854502101	11,586	75,629	SH		SOLE		75,629	0	0
SUN HYDRAULICS CORP	COM	866942105	9,149	170,820	SH		OTR		0	170,820	0
SUN HYDRAULICS CORP	COM	866942105	11,299	210,955	SH		SOLE		85,645	0	125,310
TANGER FACTORY OUTLET CTRS I	COM	875465106	28,844	1,311,100	SH		OTR		0	1,311,100	0
TANGER FACTORY OUTLET CTRS I	COM	875465106	35,150	1,597,719	SH		SOLE		649,919	0	947,800
TAUBMAN CTRS INC	COM	876664103	13,510	237,400	SH		OTR		0	237,400	0
TAUBMAN CTRS INC	COM	876664103	16,753	294,375	SH		SOLE		119,875	0	174,500
TENNANT CO	COM	880345103	3,618	53,446	SH		OTR		0	53,446	0
TENNANT CO	COM	880345103	4,415	65,208	SH		SOLE		26,449	0	38,759
TETRA TECH INC NEW	COM	88162G103	31,362	640,700	SH		OTR		0	640,700	0
TETRA TECH INC NEW	COM	88162G103	38,437	785,222	SH		SOLE		319,922	0	465,300
TEXAS INSTRS INC	COM	882508104	37,623	362,140	SH		OTR		0	343,174	18,966
TEXAS INSTRS INC	COM	882508104	17,605	169,455	SH		SOLE		169,455	0	0
TRUSTCO BK CORP N Y	COM	898349105	1,645	193,150	SH		OTR		0	193,150	0
TRUSTCO BK CORP N Y	COM	898349105	1,901	223,209	SH		SOLE		90,939	0	132,270
TUPPERWARE BRANDS CORP	COM	899896104	466	9,500	SH		OTR		0	9,500	0
TUPPERWARE BRANDS CORP	COM	899896104	570	11,624	SH		SOLE		5,024	0	6,600
UNITED TECHNOLOGIES CORP	COM	913017109	43,413	345,039	SH		OTR		0	326,997	18,042
UNITED TECHNOLOGIES CORP	COM	913017109	20,236	160,829	SH		SOLE		160,829	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	64,956	303,531	SH		OTR		0	287,644	15,887
UNITEDHEALTH GROUP INC	COM	91324P102	30,393	142,023	SH		SOLE		142,023	0	0
US BANCORP DEL	COM NEW	902973304	56,950	1,121,176	SH		OTR		0	1,062,378	58,798
US BANCORP DEL	COM NEW	902973304	26,708	525,742	SH		SOLE		525,742	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	58,270	1,218,520	SH		OTR		0	1,154,612	63,908
VERIZON COMMUNICATIONS INC	COM	92343V104	27,401	572,997	SH		SOLE		572,997	0	0
VIAD CORP	COM NEW	92552R406	11,801	224,550	SH		OTR		0	224,550	0
VIAD CORP	COM NEW	92552R406	14,568	277,220	SH		SOLE		112,700	0	164,520
VULCAN MATLS CO	COM	929160109	29,781	260,851	SH		OTR		0	247,122	13,729
VULCAN MATLS CO	COM	929160109	14,085	123,366	SH		SOLE		123,366	0	0
WELLS FARGO CO NEW	COM	949746101	42,614	813,094	SH		OTR		0	770,452	42,642
WELLS FARGO CO NEW	COM	949746101	20,039	382,354	SH		SOLE		382,354	0	0
WEYERHAEUSER CO	COM	962166104	31,850	910,000	SH		OTR		0	910,000	0
WEYERHAEUSER CO	COM	962166104	6,314	180,412	SH		SOLE		180,412	0	0
WILLIAMS COS INC DEL	COM	969457100	54,692	2,200,000	SH		OTR		0	2,200,000	0
WILLIAMS COS INC DEL	COM	969457100	11,309	454,900	SH		SOLE		454,900	0	0
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	43,545	285,000	SH		OTR		0	285,000	0
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	9,135	59,800	SH		SOLE		59,800	0	0
XCEL ENERGY INC	COM	98389B100	44,714	975,000	SH		OTR		0	975,000	0
XCEL ENERGY INC	COM	98389B100	9,151	199,550	SH		SOLE		199,550	0	0
XILINX INC	COM	983919101	43,344	600,000	SH		OTR		0	600,000	0
XILINX INC	COM	983919101	8,813	122,000	SH		SOLE		122,000	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	137,234	1,255,838	SH		OTR		0	1,230,868	24,970
ZIMMER BIOMET HLDGS INC	COM	98956P102	42,418	388,161	SH		SOLE		388,161	0	0