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	42,064	502,733	SH		OTR		0	458,624	44,109
ABBOTT LABS	COM	002824100	40,330	482,009	SH		SOLE		482,009	0	0
AFFILIATED MANAGERS GROUP IN	COM	008252108	47,926	575,000	SH		OTR		0	575,000	0
AFFILIATED MANAGERS GROUP IN	COM	008252108	11,302	135,600	SH		SOLE		135,600	0	0
AGILENT TECHNOLOGIES INC	COM	00846U101	54,908	715,000	SH		OTR		0	715,000	0
AGILENT TECHNOLOGIES INC	COM	00846U101	13,066	170,150	SH		SOLE		170,150	0	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	9,519	388,392	SH		OTR		0	388,392	0
ALEXANDER & BALDWIN INC NEW	COM	014491104	10,297	420,107	SH		SOLE		199,136	0	220,971
ALTRA INDL MOTION CORP	COM	02208R106	2,616	93,866	SH		OTR		0	93,866	0
ALTRA INDL MOTION CORP	COM	02208R106	2,958	106,171	SH		SOLE		50,671	0	55,500
AMERICAN CAMPUS CMNTYS INC	COM	024835100	76,039	1,581,500	SH		OTR		0	1,581,500	0
AMERICAN CAMPUS CMNTYS INC	COM	024835100	30,120	626,450	SH		SOLE		459,350	0	167,100
AMERICAN EAGLE OUTFITTERS IN	COM	02553E106	23,483	1,447,790	SH		OTR		0	1,447,790	0
AMERICAN EAGLE OUTFITTERS IN	COM	02553E106	26,553	1,637,051	SH		SOLE		778,951	0	858,100
AMERICAN HOMES 4 RENT	CL A	02665T306	64,725	2,500,000	SH		OTR		0	2,500,000	0
AMERICAN HOMES 4 RENT	CL A	02665T306	15,398	594,750	SH		SOLE		594,750	0	0
AMERICAN INTL GROUP INC	COM NEW	026874784	13,933	250,142	SH		OTR		0	227,998	22,144
AMERICAN INTL GROUP INC	COM NEW	026874784	13,422	240,971	SH		SOLE		240,971	0	0
AMERISAFE INC	COM	03071H100	5,672	85,800	SH		OTR		0	85,800	0
AMERISAFE INC	COM	03071H100	6,253	94,590	SH		SOLE		43,990	0	50,600
AMERISOURCEBERGEN CORP	COM	03073E105	59,689	725,000	SH		OTR		0	725,000	0
AMERISOURCEBERGEN CORP	COM	03073E105	14,148	171,850	SH		SOLE		171,850	0	0
APOGEE ENTERPRISES INC	COM	037598109	10,923	280,153	SH		OTR		0	280,153	0
APOGEE ENTERPRISES INC	COM	037598109	12,384	317,631	SH		SOLE		151,131	0	166,500
ARTISAN PARTNERS ASSET MGMT	CL A	04316A108	2,914	103,197	SH		OTR		0	103,197	0
ARTISAN PARTNERS ASSET MGMT	CL A	04316A108	3,267	115,689	SH		SOLE		54,889	0	60,800
ASSURANT INC	COM	04621X108	23,906	190,000	SH		OTR		0	190,000	0
ASSURANT INC	COM	04621X108	5,700	45,300	SH		SOLE		45,300	0	0
AVX CORP NEW	COM	002444107	3,729	245,315	SH		OTR		0	245,315	0
AVX CORP NEW	COM	002444107	4,136	272,105	SH		SOLE		127,705	0	144,400
BANK AMER CORP	COM	060505104	54,045	1,852,771	SH		OTR		0	1,690,209	162,562
BANK AMER CORP	COM	060505104	51,831	1,776,855	SH		SOLE		1,776,855	0	0
BANK HAWAII CORP	COM	062540109	17,178	199,903	SH		OTR		0	199,903	0
BANK HAWAII CORP	COM	062540109	18,773	218,466	SH		SOLE		103,386	0	115,080
BEST BUY INC	COM	086516101	57,025	823,779	SH		OTR		0	796,570	27,209
BEST BUY INC	COM	086516101	29,071	420,724	SH		SOLE		420,724	0	0
BLOOMIN BRANDS INC	COM	094235108	7,504	396,406	SH		OTR		0	396,406	0
BLOOMIN BRANDS INC	COM	094235108	8,466	447,202	SH		SOLE		213,002	0	234,200
BOEING CO	COM	097023105	48,489	127,445	SH		OTR		0	127,445	0
BOEING CO	COM	097023105	51,087	134,273	SH		SOLE		134,273	0	0
BOISE CASCADE CO DEL	COM	09739D100	4,310	132,250	SH		OTR		0	132,250	0
BOISE CASCADE CO DEL	COM	09739D100	4,901	150,396	SH		SOLE		71,496	0	78,900
BORGWARNER INC	COM	099724106	46,400	1,265,000	SH		OTR		0	1,265,000	0
BORGWARNER INC	COM	099724106	10,947	298,450	SH		SOLE		298,450	0	0
BOSTON PROPERTIES INC	COM	101121101	66,611	510,000	SH		OTR		0	510,000	0
BOSTON PROPERTIES INC	COM	101121101	15,712	120,300	SH		SOLE		120,300	0	0
BP PLC	SPONSORED ADR	055622104	40,922	1,077,191	SH		OTR		0	982,741	94,450
BP PLC	SPONSORED ADR	055622104	38,715	1,019,080	SH		SOLE		1,019,080	0	0
BRUNSWICK CORP	COM	117043109	24,757	475,000	SH		OTR		0	475,000	0
BRUNSWICK CORP	COM	117043109	5,827	111,800	SH		SOLE		111,800	0	0
CABOT CORP	COM	127055101	464	10,229	SH		OTR		0	10,229	0
CABOT CORP	COM	127055101	529	11,668	SH		SOLE		5,668	0	6,000
CABOT MICROELECTRONICS CORP	COM	12709P103	72,607	514,177	SH		OTR		0	514,177	0
CABOT MICROELECTRONICS CORP	COM	12709P103	36,887	261,220	SH		SOLE		166,920	0	94,300
CARPENTER TECHNOLOGY CORP	COM	144285103	7,305	141,413	SH		OTR		0	141,413	0
CARPENTER TECHNOLOGY CORP	COM	144285103	8,242	159,536	SH		SOLE		75,736	0	83,800
CATHAY GEN BANCORP	COM	149150104	8,514	245,100	SH		OTR		0	245,100	0
CATHAY GEN BANCORP	COM	149150104	9,405	270,770	SH		SOLE		128,170	0	142,600
CHEVRON CORP NEW	COM	166764100	41,682	351,452	SH		OTR		0	321,855	29,597
CHEVRON CORP NEW	COM	166764100	38,480	324,450	SH		SOLE		324,450	0	0
CHILDRENS PL INC	COM	168905107	26,623	343,300	SH		OTR		0	343,300	0
CHILDRENS PL INC	COM	168905107	29,398	379,090	SH		SOLE		179,690	0	199,400
CIGNA CORP NEW	COM	125523100	41,393	272,699	SH		OTR		0	248,580	24,119
CIGNA CORP NEW	COM	125523100	39,976	263,362	SH		SOLE		263,362	0	0
CMS ENERGY CORP	COM	125896100	38,370	600,000	SH		OTR		0	600,000	0
CMS ENERGY CORP	COM	125896100	9,135	142,850	SH		SOLE		142,850	0	0
COHEN & STEERS INC	COM	19247A100	180	3,275	SH		OTR		0	3,275	0
COHEN & STEERS INC	COM	19247A100	240	4,376	SH		SOLE		2,377	0	1,999
COHU INC	COM	192576106	3,991	294,177	SH		OTR		0	294,177	0
COHU INC	COM	192576106	4,426	326,304	SH		SOLE		153,304	0	173,000
COLUMBUS MCKINNON CORP N Y	COM	199333105	1,576	43,253	SH		OTR		0	43,253	0
COLUMBUS MCKINNON CORP N Y	COM	199333105	1,716	47,114	SH		SOLE		22,214	0	24,900
COMMERCIAL METALS CO	COM	201723103	5,233	301,065	SH		OTR		0	301,065	0
COMMERCIAL METALS CO	COM	201723103	5,821	334,897	SH		SOLE		158,297	0	176,600
COMTECH TELECOMMUNICATIONS C	COM NEW	205826209	9,747	299,895	SH		OTR		0	299,895	0
COMTECH TELECOMMUNICATIONS C	COM NEW	205826209	11,071	340,658	SH		SOLE		161,958	0	178,700
COOPER COS INC	COM NEW	216648402	46,035	155,000	SH		OTR		0	155,000	0
COOPER COS INC	COM NEW	216648402	10,959	36,900	SH		SOLE		36,900	0	0
COUSINS PPTYS INC	COM NEW	222795502	78,939	2,100,000	SH		OTR		0	2,100,000	0
COUSINS PPTYS INC	COM NEW	222795502	18,703	497,550	SH		SOLE		497,550	0	0
COVANTA HLDG CORP	COM	22282E102	16,023	913,490	SH		OTR		0	913,490	0
COVANTA HLDG CORP	COM	22282E102	17,946	1,023,172	SH		SOLE		484,272	0	538,900
CROWN CASTLE INTL CORP NEW	COM	22822V101	40,569	291,844	SH		OTR		0	266,103	25,741
CROWN CASTLE INTL CORP NEW	COM	22822V101	39,132	281,505	SH		SOLE		281,505	0	0
CSX CORP	COM	126408103	60,500	873,391	SH		OTR		0	788,442	84,949
CSX CORP	COM	126408103	57,545	830,729	SH		SOLE		830,729	0	0
CUBIC CORP	COM	229669106	28,298	401,786	SH		OTR		0	401,786	0
CUBIC CORP	COM	229669106	31,901	452,944	SH		SOLE		214,844	0	238,100
DAKTRONICS INC	COM	234264109	251	34,027	SH		OTR		0	34,027	0
DAKTRONICS INC	COM	234264109	289	39,181	SH		SOLE		18,861	0	20,320
DESIGNER BRANDS INC	CL A	250565108	11,621	669,000	SH		OTR		0	669,000	0
DESIGNER BRANDS INC	CL A	250565108	13,066	752,200	SH		SOLE		357,400	0	394,800
DIAMONDBACK ENERGY INC	COM	25278X109	85,415	950,000	SH		OTR		0	950,000	0
DIAMONDBACK ENERGY INC	COM	25278X109	20,338	226,200	SH		SOLE		226,200	0	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	6,029	581,085	SH		OTR		0	581,085	0
DIAMONDROCK HOSPITALITY CO	COM	252784301	6,509	627,462	SH		SOLE		297,362	0	330,100
DISNEY WALT CO	COM DISNEY	254687106	26,047	199,873	SH		OTR		0	182,176	17,697
DISNEY WALT CO	COM DISNEY	254687106	25,143	192,935	SH		SOLE		192,935	0	0
EDISON INTL	COM	281020107	76,033	1,000,000	SH		OTR		0	1,000,000	0
EDISON INTL	COM	281020107	17,997	236,700	SH		SOLE		236,700	0	0
EMERALD EXPOSITIONS EVENTS I	COM	29103B100	86	8,849	SH		OTR		0	8,849	0
EMERALD EXPOSITIONS EVENTS I	COM	29103B100	99	10,222	SH		SOLE		4,922	0	5,300
EMERSON ELEC CO	COM	291011104	54,462	814,574	SH		OTR		0	734,484	80,090
EMERSON ELEC CO	COM	291011104	51,664	772,714	SH		SOLE		772,714	0	0
ENERGIZER HLDGS INC NEW	COM	29272W109	160,910	3,692,289	SH		OTR		0	3,692,289	0
ENERGIZER HLDGS INC NEW	COM	29272W109	71,056	1,630,476	SH		SOLE		1,130,076	0	500,400
ENERSYS	COM	29275Y102	9,654	146,400	SH		OTR		0	146,400	0
ENERSYS	COM	29275Y102	10,827	164,200	SH		SOLE		78,000	0	86,200
ENPRO INDS INC	COM	29355X107	7,897	115,036	SH		OTR		0	115,036	0
ENPRO INDS INC	COM	29355X107	8,778	127,869	SH		SOLE		60,769	0	67,100
EVERCORE INC	CLASS A	29977A105	20,823	259,968	SH		OTR		0	259,968	0
EVERCORE INC	CLASS A	29977A105	23,189	289,498	SH		SOLE		137,008	0	152,490
FIDELITY NATL INFORMATION SV	COM	31620M106	60,102	452,714	SH		OTR		0	414,047	38,667
FIDELITY NATL INFORMATION SV	COM	31620M106	56,068	422,325	SH		SOLE		422,325	0	0
FIRST AMERN FINL CORP	COM	31847R102	34,550	585,500	SH		OTR		0	585,500	0
FIRST AMERN FINL CORP	COM	31847R102	39,135	663,200	SH		SOLE		314,800	0	348,400
FIRST HAWAIIAN INC	COM	32051X108	17,339	649,400	SH		OTR		0	649,400	0
FIRST HAWAIIAN INC	COM	32051X108	19,510	730,720	SH		SOLE		347,520	0	383,200
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	10,899	270,850	SH		OTR		0	270,850	0
FIRST INTST BANCSYSTEM INC	COM CL A	32055Y201	12,115	301,070	SH		SOLE		142,070	0	159,000
FIRSTENERGY CORP	COM	337932107	84,403	1,750,000	SH		OTR		0	1,750,000	0
FIRSTENERGY CORP	COM	337932107	19,984	414,350	SH		SOLE		414,350	0	0
FLIR SYS INC	COM	302445101	40,757	775,000	SH		OTR		0	775,000	0
FLIR SYS INC	COM	302445101	9,656	183,600	SH		SOLE		183,600	0	0
FORD MTR CO DEL	COM	345370860	25,190	2,750,000	SH		OTR		0	2,750,000	0
FORD MTR CO DEL	COM	345370860	5,980	652,800	SH		SOLE		652,800	0	0
GLOBAL PMTS INC	COM	37940X102	69,165	435,000	SH		OTR		0	435,000	0
GLOBAL PMTS INC	COM	37940X102	16,544	104,050	SH		SOLE		104,050	0	0
GREAT LAKES DREDGE & DOCK CO	COM	390607109	1	100	SH		SOLE		100	0	0
GREENBRIER COS INC	COM	393657101	1,763	58,517	SH		OTR		0	58,517	0
GREENBRIER COS INC	COM	393657101	2,015	66,894	SH		SOLE		31,994	0	34,900
HANOVER INS GROUP INC	COM	410867105	15,314	112,984	SH		OTR		0	112,984	0
HANOVER INS GROUP INC	COM	410867105	17,294	127,590	SH		SOLE		60,816	0	66,774
HARTFORD FINL SVCS GROUP INC	COM	416515104	91,394	1,500,000	SH		OTR		0	1,500,000	0
HARTFORD FINL SVCS GROUP INC	COM	416515104	21,595	354,400	SH		SOLE		354,400	0	0
HAYNES INTERNATIONAL INC	COM NEW	420877201	1,168	32,584	SH		OTR		0	32,584	0
HAYNES INTERNATIONAL INC	COM NEW	420877201	1,349	37,629	SH		SOLE		18,129	0	19,500
HILL ROM HLDGS INC	COM	431475102	19,159	182,064	SH		OTR		0	182,064	0
HILL ROM HLDGS INC	COM	431475102	21,430	203,648	SH		SOLE		96,098	0	107,550
HONDA MOTOR LTD	AMERN SHS	438128308	20,616	790,480	SH		OTR		0	720,979	69,501
HONDA MOTOR LTD	AMERN SHS	438128308	19,838	760,667	SH		SOLE		760,667	0	0
HONEYWELL INTL INC	COM	438516106	53,691	317,324	SH		OTR		0	284,858	32,466
HONEYWELL INTL INC	COM	438516106	50,587	298,975	SH		SOLE		298,975	0	0
HORACE MANN EDUCATORS CORP N	COM	440327104	9,351	201,838	SH		OTR		0	201,838	0
HORACE MANN EDUCATORS CORP N	COM	440327104	10,489	226,402	SH		SOLE		107,282	0	119,120
HUBBELL INC	COM	443510607	19,710	150,000	SH		OTR		0	150,000	0
HUBBELL INC	COM	443510607	4,638	35,300	SH		SOLE		35,300	0	0
HUMANA INC	COM	444859102	202,473	790,243	SH		OTR		0	770,920	19,323
HUMANA INC	COM	444859102	88,700	346,188	SH		SOLE		346,188	0	0
INTERFACE INC	COM	458665304	4,695	325,145	SH		OTR		0	325,145	0
INTERFACE INC	COM	458665304	5,307	367,549	SH		SOLE		174,592	0	192,957
INTERPUBLIC GROUP COS INC	COM	460690100	75,203	3,488,066	SH		OTR		0	3,401,336	86,730
INTERPUBLIC GROUP COS INC	COM	460690100	33,270	1,543,114	SH		SOLE		1,543,114	0	0
JPMORGAN CHASE & CO	COM	46625H100	63,258	537,496	SH		OTR		0	490,242	47,254
JPMORGAN CHASE & CO	COM	46625H100	60,585	514,784	SH		SOLE		514,784	0	0
KELLOGG CO	COM	487836108	48,462	753,097	SH		OTR		0	733,466	19,631
KELLOGG CO	COM	487836108	21,833	339,278	SH		SOLE		339,278	0	0
KELLY SVCS INC	CL A	488152208	4,343	179,326	SH		OTR		0	179,326	0
KELLY SVCS INC	CL A	488152208	4,929	203,525	SH		SOLE		96,895	0	106,630
KEMPER CORP DEL	COM	488401100	41,949	538,157	SH		OTR		0	538,157	0
KEMPER CORP DEL	COM	488401100	47,412	608,236	SH		SOLE		289,336	0	318,900
KENNAMETAL INC	COM	489170100	17,368	565,000	SH		OTR		0	565,000	0
KENNAMETAL INC	COM	489170100	4,151	135,050	SH		SOLE		135,050	0	0
KFORCE INC	COM	493732101	5,320	140,602	SH		OTR		0	140,602	0
KFORCE INC	COM	493732101	5,980	158,066	SH		SOLE		75,066	0	83,000
KLA CORPORATION	COM NEW	482480100	43,849	275,000	SH		OTR		0	275,000	0
KLA CORPORATION	COM NEW	482480100	10,468	65,650	SH		SOLE		65,650	0	0
KNOLL INC	COM NEW	498904200	15,291	603,205	SH		OTR		0	603,205	0
KNOLL INC	COM NEW	498904200	17,343	684,124	SH		SOLE		325,244	0	358,880
KORN FERRY	COM NEW	500643200	6,506	167,940	SH		OTR		0	167,940	0
KORN FERRY	COM NEW	500643200	7,281	187,938	SH		SOLE		88,943	0	98,995
L3HARRIS TECHNOLOGIES INC	COM	502431109	15,558	74,567	SH		OTR		0	61,505	13,062
L3HARRIS TECHNOLOGIES INC	COM	502431109	13,466	64,540	SH		SOLE		64,540	0	0
LENNAR CORP	CL A	526057104	28,546	511,112	SH		OTR		0	466,176	44,936
LENNAR CORP	CL A	526057104	27,406	490,705	SH		SOLE		490,705	0	0
LINDSAY CORP	COM	535555106	444	4,787	SH		OTR		0	4,787	0
LINDSAY CORP	COM	535555106	554	5,971	SH		SOLE		3,071	0	2,900
LITHIA MTRS INC	CL A	536797103	2,214	16,722	SH		OTR		0	16,722	0
LITHIA MTRS INC	CL A	536797103	2,548	19,247	SH		SOLE		9,247	0	10,000
LITTELFUSE INC	COM	537008104	10,319	58,200	SH		OTR		0	58,200	0
LITTELFUSE INC	COM	537008104	11,490	64,800	SH		SOLE		30,100	0	34,700
LOUISIANA PAC CORP	COM	546347105	62,310	2,535,000	SH		OTR		0	2,535,000	0
LOUISIANA PAC CORP	COM	546347105	14,758	600,400	SH		SOLE		600,400	0	0
MARATHON PETE CORP	COM	56585A102	106,013	1,745,064	SH		OTR		0	1,705,807	39,257
MARATHON PETE CORP	COM	56585A102	44,676	735,405	SH		SOLE		735,405	0	0
MARTIN MARIETTA MATLS INC	COM	573284106	41	150	SH		SOLE		150	0	0
MATSON INC	COM	57686G105	2,504	66,762	SH		OTR		0	66,762	0
MATSON INC	COM	57686G105	2,696	71,874	SH		SOLE		33,574	0	38,300
MATTHEWS INTL CORP	CL A	577128101	1,773	50,093	SH		OTR		0	50,093	0
MATTHEWS INTL CORP	CL A	577128101	2,041	57,662	SH		SOLE		27,642	0	30,020
MEDICAL PPTYS TRUST INC	COM	58463J304	62,433	3,150,000	SH		OTR		0	3,150,000	0
MEDICAL PPTYS TRUST INC	COM	58463J304	14,789	746,150	SH		SOLE		746,150	0	0
MGM GROWTH PPTYS LLC	CL A COM	55303A105	41,202	1,350,000	SH		OTR		0	1,350,000	0
MGM GROWTH PPTYS LLC	CL A COM	55303A105	9,800	321,100	SH		SOLE		321,100	0	0
MGM RESORTS INTERNATIONAL	COM	552953101	21,344	770,000	SH		OTR		0	770,000	0
MGM RESORTS INTERNATIONAL	COM	552953101	5,056	182,400	SH		SOLE		182,400	0	0
MICROSOFT CORP	COM	594918104	41,526	298,686	SH		OTR		0	272,479	26,207
MICROSOFT CORP	COM	594918104	39,877	286,823	SH		SOLE		286,823	0	0
MILLER HERMAN INC	COM	600544100	16,233	349,960	SH		OTR		0	349,960	0
MILLER HERMAN INC	COM	600544100	18,427	397,326	SH		SOLE		188,926	0	208,400
MKS INSTRUMENT INC	COM	55306N104	12,098	131,100	SH		OTR		0	131,100	0
MKS INSTRUMENT INC	COM	55306N104	13,442	145,660	SH		SOLE		68,060	0	77,600
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	768	53,262	SH		OTR		0	53,262	0
MONMOUTH REAL ESTATE INVT CO	CL A	609720107	702	48,705	SH		SOLE		24,055	0	24,650
MONOLITHIC PWR SYS INC	COM	609839105	11,999	76,900	SH		OTR		0	76,900	0
MONOLITHIC PWR SYS INC	COM	609839105	13,182	84,490	SH		SOLE		39,290	0	45,200
MOTOROLA SOLUTIONS INC	COM NEW	620076307	112,765	659,832	SH		OTR		0	634,351	25,481
MOTOROLA SOLUTIONS INC	COM NEW	620076307	62,499	365,683	SH		SOLE		365,683	0	0
MOVADO GROUP INC	COM	624580106	3,361	135,206	SH		OTR		0	135,206	0
MOVADO GROUP INC	COM	624580106	3,756	151,076	SH		SOLE		71,276	0	79,800
NEENAH INC	COM	640079109	4,276	65,659	SH		OTR		0	65,659	0
NEENAH INC	COM	640079109	4,865	74,705	SH		SOLE		35,605	0	39,100
NEXTERA ENERGY INC	COM	65339F101	41,560	178,376	SH		OTR		0	162,643	15,733
NEXTERA ENERGY INC	COM	65339F101	40,033	171,822	SH		SOLE		171,822	0	0
NOBLE ENERGY INC	COM	655044105	67,380	3,000,000	SH		OTR		0	3,000,000	0
NOBLE ENERGY INC	COM	655044105	15,971	711,100	SH		SOLE		711,100	0	0
NUCOR CORP	COM	670346105	53,943	1,051,398	SH		OTR		0	1,014,136	37,262
NUCOR CORP	COM	670346105	28,509	555,630	SH		SOLE		555,630	0	0
OMNICOM GROUP INC	COM	681919106	65,488	827,143	SH		OTR		0	811,528	15,615
OMNICOM GROUP INC	COM	681919106	25,748	325,041	SH		SOLE		325,041	0	0
OUTFRONT MEDIA INC	COM	69007J106	15,796	568,614	SH		OTR		0	568,614	0
OUTFRONT MEDIA INC	COM	69007J106	17,879	643,589	SH		SOLE		305,723	0	337,866
PACWEST BANCORP DEL	COM	695263103	61,960	1,705,000	SH		OTR		0	1,705,000	0
PACWEST BANCORP DEL	COM	695263103	14,790	407,000	SH		SOLE		407,000	0	0
PARKER HANNIFIN CORP	COM	701094104	111,711	618,523	SH		OTR		0	589,613	28,910
PARKER HANNIFIN CORP	COM	701094104	64,275	355,877	SH		SOLE		355,877	0	0
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	21,371	452,000	SH		OTR		0	452,000	0
PENSKE AUTOMOTIVE GRP INC	COM	70959W103	24,132	510,410	SH		SOLE		242,310	0	268,100
PHIBRO ANIMAL HEALTH CORP	CL A COM	71742Q106	1,999	93,738	SH		OTR		0	93,738	0
PHIBRO ANIMAL HEALTH CORP	CL A COM	71742Q106	2,278	106,805	SH		SOLE		50,905	0	55,900
PHYSICIANS RLTY TR	COM	71943U104	32,107	1,808,836	SH		OTR		0	1,808,836	0
PHYSICIANS RLTY TR	COM	71943U104	36,124	2,035,150	SH		SOLE		967,950	0	1,067,200
PINNACLE FINL PARTNERS INC	COM	72346Q104	93,638	1,650,000	SH		OTR		0	1,650,000	0
PINNACLE FINL PARTNERS INC	COM	72346Q104	22,008	387,800	SH		SOLE		387,800	0	0
POWER INTEGRATIONS INC	COM	739276103	40,570	448,632	SH		OTR		0	448,632	0
POWER INTEGRATIONS INC	COM	739276103	45,975	508,406	SH		SOLE		241,806	0	266,600
PPG INDS INC	COM	693506107	54,515	460,000	SH		OTR		0	460,000	0
PPG INDS INC	COM	693506107	12,965	109,400	SH		SOLE		109,400	0	0
PRICESMART INC	COM	741511109	184	2,587	SH		OTR		0	2,587	0
PRICESMART INC	COM	741511109	265	3,727	SH		SOLE		2,027	0	1,700
PROGRESSIVE CORP OHIO	COM	743315103	126,770	1,641,038	SH		OTR		0	1,584,674	56,364
PROGRESSIVE CORP OHIO	COM	743315103	65,937	853,557	SH		SOLE		853,557	0	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	90,947	1,465,000	SH		OTR		0	1,465,000	0
PUBLIC SVC ENTERPRISE GRP IN	COM	744573106	21,526	346,750	SH		SOLE		346,750	0	0
PVH CORP	COM	693656100	33,527	380,000	SH		OTR		0	380,000	0
PVH CORP	COM	693656100	7,839	88,850	SH		SOLE		88,850	0	0
QUALCOMM INC	COM	747525103	28,759	377,014	SH		OTR		0	343,962	33,052
QUALCOMM INC	COM	747525103	27,577	361,522	SH		SOLE		361,522	0	0
RITCHIE BROS AUCTIONEERS	COM	767744105	11,312	283,520	SH		OTR		0	283,520	0
RITCHIE BROS AUCTIONEERS	COM	767744105	12,742	319,356	SH		SOLE		152,056	0	167,300
ROCKWELL AUTOMATION INC	COM	773903109	91,064	552,575	SH		OTR		0	532,208	20,367
ROCKWELL AUTOMATION INC	COM	773903109	43,848	266,070	SH		SOLE		266,070	0	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	34,880	320,000	SH		OTR		0	320,000	0
ROYAL CARIBBEAN CRUISES LTD	COM	V7780T103	8,223	75,450	SH		SOLE		75,450	0	0
SABRE CORP	COM	78573M104	29,785	1,330,000	SH		OTR		0	1,330,000	0
SABRE CORP	COM	78573M104	33,540	1,497,650	SH		SOLE		712,550	0	785,100
SCHOLASTIC CORP	COM	807066105	2,825	74,812	SH		OTR		0	74,812	0
SCHOLASTIC CORP	COM	807066105	3,226	85,426	SH		SOLE		40,636	0	44,790
SEMPRA ENERGY	COM	816851109	43,087	290,000	SH		OTR		0	290,000	0
SEMPRA ENERGY	COM	816851109	10,192	68,600	SH		SOLE		68,600	0	0
SENSIENT TECHNOLOGIES CORP	COM	81725T100	7,342	106,946	SH		OTR		0	106,946	0
SENSIENT TECHNOLOGIES CORP	COM	81725T100	8,075	117,622	SH		SOLE		55,122	0	62,500
SIMPSON MANUFACTURING CO INC	COM	829073105	480	6,913	SH		OTR		0	6,913	0
SIMPSON MANUFACTURING CO INC	COM	829073105	576	8,303	SH		SOLE		4,103	0	4,200
SLM CORP	COM	78442P106	32,838	3,721,000	SH		OTR		0	3,721,000	0
SLM CORP	COM	78442P106	37,236	4,219,400	SH		SOLE		2,003,800	0	2,215,600
SM ENERGY CO	COM	78454L100	3,877	400,079	SH		OTR		0	400,079	0
SM ENERGY CO	COM	78454L100	4,357	449,642	SH		SOLE		210,442	0	239,200
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	42,415	515,000	SH		OTR		0	515,000	0
SPIRIT AEROSYSTEMS HLDGS INC	COM CL A	848574109	10,122	122,900	SH		SOLE		122,900	0	0
STANDARD MTR PRODS INC	COM	853666105	3,686	75,925	SH		OTR		0	75,925	0
STANDARD MTR PRODS INC	COM	853666105	4,045	83,307	SH		SOLE		38,807	0	44,500
TANGER FACTORY OUTLET CTRS I	COM	875465106	17,270	1,115,665	SH		OTR		0	1,115,665	0
TANGER FACTORY OUTLET CTRS I	COM	875465106	18,478	1,193,688	SH		SOLE		565,388	0	628,300
TAUBMAN CTRS INC	COM	876664103	2,638	64,607	SH		OTR		0	64,607	0
TAUBMAN CTRS INC	COM	876664103	2,936	71,904	SH		SOLE		33,704	0	38,200
TENNANT CO	COM	880345103	4,081	57,716	SH		OTR		0	57,716	0
TENNANT CO	COM	880345103	4,457	63,037	SH		SOLE		29,378	0	33,659
TETRA TECH INC NEW	COM	88162G103	2,282	26,303	SH		OTR		0	26,303	0
TETRA TECH INC NEW	COM	88162G103	2,644	30,474	SH		SOLE		14,674	0	15,800
TRUSTCO BK CORP N Y	COM	898349105	1,347	163,891	SH		OTR		0	163,891	0
TRUSTCO BK CORP N Y	COM	898349105	1,367	166,286	SH		SOLE		78,816	0	87,470
TUPPERWARE BRANDS CORP	COM	899896104	474	29,389	SH		OTR		0	29,389	0
TUPPERWARE BRANDS CORP	COM	899896104	532	32,982	SH		SOLE		15,682	0	17,300
U S SILICA HLDGS INC	COM	90346E103	6,143	638,391	SH		OTR		0	638,391	0
U S SILICA HLDGS INC	COM	90346E103	6,867	713,614	SH		SOLE		337,114	0	376,500
VALMONT INDS INC	COM	920253101	5,967	42,986	SH		OTR		0	42,986	0
VALMONT INDS INC	COM	920253101	6,730	48,479	SH		SOLE		22,979	0	25,500
VERIZON COMMUNICATIONS INC	COM	92343V104	41,291	684,072	SH		OTR		0	623,738	60,334
VERIZON COMMUNICATIONS INC	COM	92343V104	39,773	658,922	SH		SOLE		658,922	0	0
WABASH NATL CORP	COM	929566107	8,646	595,870	SH		OTR		0	595,870	0
WABASH NATL CORP	COM	929566107	9,623	663,176	SH		SOLE		313,676	0	349,500
WELLS FARGO CO NEW	COM	949746101	15,684	310,945	SH		OTR		0	283,844	27,101
WELLS FARGO CO NEW	COM	949746101	14,917	295,732	SH		SOLE		295,732	0	0
WERNER ENTERPRISES INC	COM	950755108	8,952	253,591	SH		OTR		0	253,591	0
WERNER ENTERPRISES INC	COM	950755108	10,161	287,856	SH		SOLE		136,756	0	151,100
WESTERN DIGITAL CORP	COM	958102105	87,969	1,475,000	SH		OTR		0	1,475,000	0
WESTERN DIGITAL CORP	COM	958102105	21,056	353,050	SH		SOLE		353,050	0	0
WILEY JOHN & SONS INC	CL A	968223206	5,106	116,200	SH		OTR		0	116,200	0
WILEY JOHN & SONS INC	CL A	968223206	5,620	127,910	SH		SOLE		59,810	0	68,100
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	71,633	370,000	SH		OTR		0	370,000	0
WILLIS TOWERS WATSON PUB LTD	SHS	G96629103	17,153	88,600	SH		SOLE		88,600	0	0
XILINX INC	COM	983919101	111,864	1,166,470	SH		OTR		0	1,134,250	32,220
XILINX INC	COM	983919101	51,943	541,639	SH		SOLE		541,639	0	0
XYLEM INC	COM	98419M100	42,995	540,000	SH		OTR		0	540,000	0
XYLEM INC	COM	98419M100	10,247	128,700	SH		SOLE		128,700	0	0
ZIMMER BIOMET HLDGS INC	COM	98956P102	230,972	1,679,698	SH		OTR		0	1,638,726	40,972
ZIMMER BIOMET HLDGS INC	COM	98956P102	100,136	728,206	SH		SOLE		728,206	0	0
ZIONS BANCORPORATION N A	COM	989701107	73,458	1,650,000	SH		OTR		0	1,650,000	0
ZIONS BANCORPORATION N A	COM	989701107	17,492	392,900	SH		SOLE		392,900	0	0