Dean Investment Associates 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
3M Co	CS	88579Y101	3,895	30,101	SH		DFND	2	27,021	0	3,080
Advance Auto Parts Inc	CS	00751Y106	2,018	11,661	SH		DFND	2	11,056	0	605
Advanced Energy Inds	CS	007973100	1,463	20,053	SH		DFND	2	17,873	0	2,180
Aflac Inc	CS	001055102	1,755	31,712	SH		DFND	2	26,792	0	4,920
Air Products & Chemicals Inc	CS	009158106	2,469	10,268	SH		DFND	2	9,352	0	916
Alamos Gold Inc	CS	011532108	2,072	295,221	SH		DFND	2	295,221	0	0
Alexander's Inc	CS	014752109	722	3,250	SH		DFND	2	3,250	0	0
Alico Inc	CS	016230104	667	18,718	SH		DFND	2	18,718	0	0
Allstate Corp/The	CS	020002101	1,359	10,723	SH		DFND	2	10,500	0	223
Alphabet Inc - A	CS	02079k305	630	289	SH		DFND	2	184	0	105
Altria Group Inc	CS	02209S103	3,720	89,054	SH		DFND	2	84,618	0	4,436
Amdocs Ltd	CS	G02602103	458	5,501	SH		DFND	2	3,551	0	1,950
Ameren Corp	CS	023608102	1,645	18,210	SH		DFND	2	17,830	0	380
American Electric Power	CS	025537101	2,971	30,968	SH		DFND	2	27,915	0	3,053
American States Water Co	CS	029899101	1,919	23,537	SH		DFND	2	23,537	0	0
American Woodmark Corp	CS	030506109	1,907	42,367	SH		DFND	2	42,367	0	0
Ameriprise Financial Inc	CS	03076C106	1,452	6,110	SH		DFND	2	6,000	0	110
Amgen Inc	CS	031162100	3,136	12,891	SH		DFND	2	11,844	0	1,047
Argan Inc	CS	04010e109	4,262	114,210	SH		DFND	2	114,210	0	0
Arrow Electronics Inc	CS	042735100	1,329	11,854	SH		DFND	2	11,608	0	246
Associated Banc Corp	CS	045487105	1,144	62,653	SH		DFND	2	62,653	0	0
Assurant Inc	CS	04621X108	1,687	9,758	SH		DFND	2	9,555	0	203
AT&T Inc	CS	00206R102	2,631	125,504	SH		DFND	2	114,947	0	10,557
Atmos Energy Corp	CS	049560105	1,695	15,124	SH		DFND	2	14,809	0	315
Autoliv Inc	CS	052800109	309	4,324	SH		DFND	2	2,733	0	1,591
AutoZone Inc	CS	053332102	4,593	2,137	SH		DFND	2	1,871	0	266
Avery Dennison Corp	CS	053611109	1,170	7,227	SH		DFND	2	7,077	0	150
Avient Corp	CS	05368V106	1,021	25,466	SH		DFND	2	24,935	0	531
Avista Corp	CS	05379B107	2,999	68,930	SH		DFND	2	68,930	0	0
AZZ Inc	CS	002474104	2,059	50,436	SH		DFND	2	50,436	0	0
Baker Hughes Co	CS	05722G100	1,529	52,971	SH		DFND	2	51,866	0	1,105
Bank of NY Mellon	CS	064058100	1,386	33,227	SH		DFND	2	27,976	0	5,251
BCE Inc	CS	05534B760	2,692	54,743	SH		DFND	2	52,220	0	2,523
Benchmark Electronics Inc	CS	08160H101	1,965	87,087	SH		DFND	2	87,087	0	0
Berkshire Hathaway Inc - B	CS	084670702	2,720	9,962	SH		DFND	2	7,931	0	2,031
BJ's Wholesale Club Holdings	CS	05550J101	1,879	30,147	SH		DFND	2	29,517	0	630
BlackRock Inc	CS	09247X101	4,891	8,031	SH		DFND	2	7,043	0	988
BorgWarner Inc	CS	099724106	2,125	63,677	SH		DFND	2	58,107	0	5,570
Brady Corp	CS	104674106	2,293	48,531	SH		DFND	2	48,531	0	0
Bristol Myers Squibb Co	CS	110122108	4,164	54,080	SH		DFND	2	47,663	0	6,417
Broadcom Inc	CS	11135f101	2,118	4,360	SH		DFND	2	4,140	0	220
Broadridge Financial Solutions	CS	11133T103	1,454	10,197	SH		DFND	2	9,985	0	212
Cal Maine Foods Inc	CS	128030202	2,780	56,265	SH		DFND	2	56,265	0	0
Camden National Corp	CS	133034108	3,732	84,733	SH		DFND	2	84,733	0	0
Canadian Imperial Bank of Com	CS	136069101	2,926	60,284	SH		DFND	2	57,326	0	2,958
CareTrust REIT Inc	CS	14174t107	1,085	58,842	SH		DFND	2	58,842	0	0
Carter's Inc	CS	146229109	1,035	14,683	SH		DFND	2	14,683	0	0
Casey's Gen Stores Inc	CS	147528103	1,319	7,129	SH		DFND	2	6,980	0	149
Cathay General Bancorp	CS	149150104	926	23,649	SH		DFND	2	23,649	0	0
CBRE Group Inc	CS	12504L109	1,307	17,759	SH		DFND	2	17,389	0	370
Centerpoint Energy Inc	CS	15189T107	1,621	54,794	SH		DFND	2	53,652	0	1,142
Chemed Corp	CS	16359R103	1,316	2,804	SH		DFND	2	2,745	0	59
Chevron Corp	CS	166764100	8,382	57,893	SH		DFND	2	51,443	0	6,450
Church & Dwight Inc	CS	171340102	491	5,298	SH		DFND	2	3,430	0	1,868
Cisco Systems Inc	CS	17275R102	5,073	118,975	SH		DFND	2	107,650	0	11,325
Civitas Resources Inc	CS	17888h103	1,272	24,322	SH		DFND	2	24,322	0	0
CMS Energy Corp	CS	125896100	1,687	24,997	SH		DFND	2	24,477	0	520
Cognizant Technology Solutions	CS	192446102	1,895	28,073	SH		DFND	2	22,520	0	5,553
Conagra Brands	CS	205887102	1,464	42,759	SH		DFND	2	41,867	0	892
Crown Holdings Inc	CS	228368106	1,335	14,479	SH		DFND	2	14,178	0	301
CSG Systems International Inc	CS	126349109	3,452	57,834	SH		DFND	2	57,834	0	0
CTO Realty Growth Inc	CS	22948Q101	2,631	43,039	SH		DFND	2	43,039	0	0
Cummins Inc	CS	231021106	465	2,404	SH		DFND	2	1,892	0	512
Curtiss Wright Corp	CS	231561101	1,365	10,339	SH		DFND	2	10,124	0	215
CVS Health Corp	CS	126650100	4,409	47,583	SH		DFND	2	41,986	0	5,597
DHT Holdings Inc	CS	y2065g121	2,336	381,075	SH		DFND	2	381,075	0	0
Diamond Hill Investment Group	CS	25264R207	3,036	17,485	SH		DFND	2	17,485	0	0
Digital Realty Trust Inc	CS	253868103	4,036	31,084	SH		DFND	2	28,583	0	2,501
Dominion Energy Inc	CS	25746U109	3,737	46,820	SH		DFND	2	42,644	0	4,176
Donaldson Inc	CS	257651109	1,388	28,827	SH		DFND	2	24,360	0	4,467
Dover Corp	CS	260003108	1,070	8,821	SH		DFND	2	8,637	0	184
Duke Energy Corp	CS	26441c204	5,935	55,355	SH		DFND	2	49,602	0	5,753
Eagle Materials Inc	CS	26969p108	983	8,938	SH		DFND	2	8,752	0	186
Edgewell Personal Care	CS	28035Q102	766	22,192	SH		DFND	2	22,192	0	0
Elevance Health Inc	CS	036752103	689	1,428	SH		DFND	2	913	0	515
Eli Lilly & Co	CS	532457108	282	870	SH		DFND	2	870	0	0
Emerson Electric Co	CS	291011104	3,865	48,593	SH		DFND	2	42,593	0	6,000
Employers Holdings	CS	292218104	4,906	117,125	SH		DFND	2	117,125	0	0
Encompass Health Corp	CS	29261A100	2,582	46,066	SH		DFND	2	41,660	0	4,406
Energizer Hldgs Inc	CS	29272W109	753	26,563	SH		DFND	2	26,563	0	0
EOG Resources Inc	CS	26875P101	2,018	18,274	SH		DFND	2	17,449	0	825
Equity Commonwealth	CS	294628102	3,530	128,221	SH		DFND	2	128,221	0	0
Essex Property Trust Inc	CS	297178105	2,041	7,806	SH		DFND	2	7,265	0	541
FactSet Research Systems Inc	CS	303075105	455	1,184	SH		DFND	2	765	0	419
Fastenal Co	CS	311900104	1,699	34,036	SH		DFND	2	32,473	0	1,563
Federal Signal Corp	CS	313855108	1,504	42,255	SH		DFND	2	42,255	0	0
FedEx Corp	CS	31428X106	1,748	7,710	SH		DFND	2	6,181	0	1,529
Fifth Third Bancorp	CS	316773100	1,393	41,467	SH		DFND	2	40,608	0	859
Fiserv Inc	CS	337738108	1,183	13,300	SH		DFND	2	11,229	0	2,071
Flowers Foods Inc	CS	343498101	5,852	222,343	SH		DFND	2	207,416	0	14,927
FMC Corp	CS	302491303	1,458	13,621	SH		DFND	2	13,336	0	285
Fox Factory Holding Corp	CS	35138V102	3,049	37,863	SH		DFND	2	35,498	0	2,365
Fresh Del Monte Produce Inc	CS	G36738105	821	27,796	SH		DFND	2	27,796	0	0
FTI Consulting Inc	CS	302941109	1,596	8,827	SH		DFND	2	8,642	0	185
General Mills Inc	CS	370334104	1,932	25,612	SH		DFND	2	24,433	0	1,179
Genuine Parts Co	CS	372460105	3,676	27,637	SH		DFND	2	26,618	0	1,019
Getty Realty Corp	CS	374297109	2,462	92,915	SH		DFND	2	92,915	0	0
Globe Life	CS	37959e102	3,634	37,279	SH		DFND	2	33,679	0	3,600
Haemonetics Corp	CS	405024100	489	7,509	SH		DFND	2	7,509	0	0
Hanger Inc	CS	41043F208	368	25,667	SH		DFND	2	25,667	0	0
HCA Holdings Inc	CS	40412C101	612	3,640	SH		DFND	2	2,373	0	1,267
Healthcare Realty Trust Inc	CS	42225P501	1,385	49,637	SH		DFND	2	48,603	0	1,034
Heartland Express Inc	CS	422347104	4,880	350,813	SH		DFND	2	350,813	0	0
Hershey Co/The	CS	427866108	2,845	13,224	SH		DFND	2	10,544	0	2,680
Hooker Furniture Corp	CS	439038100	1,103	70,947	SH		DFND	2	70,947	0	0
Hostess Brands Inc	CS	44109J106	1,177	55,480	SH		DFND	2	55,480	0	0
Hubbell Inc	CS	443510607	1,440	8,062	SH		DFND	2	7,894	0	168
Humana Inc	CS	444859102	2,022	4,319	SH		DFND	2	3,637	0	682
Intel Corp	CS	458140100	3,784	101,149	SH		DFND	2	90,215	0	10,934
ITT Inc	CS	45073v108	1,244	18,494	SH		DFND	2	18,111	0	383
John B Sanfilippo & Son Inc	CS	800422107	3,461	47,746	SH		DFND	2	47,746	0	0
Johnson & Johnson	CS	478160104	5,491	30,936	SH		DFND	2	27,316	0	3,620
Johnson Outdoors Inc	CS	479167108	1,570	25,667	SH		DFND	2	25,667	0	0
JP Morgan Chase & Co	CS	46625H100	665	5,908	SH		DFND	2	4,501	0	1,407
Kennametal Inc	CS	489170100	888	38,240	SH		DFND	2	38,240	0	0
KeyCorp	CS	493267108	1,453	84,354	SH		DFND	2	71,774	0	12,580
Kimberly Clark Corp	CS	494368103	4,701	34,780	SH		DFND	2	30,773	0	4,007
Kinder Morgan Inc	CS	49456B101	5,086	303,484	SH		DFND	2	274,253	0	29,231
Lamar Advertising Co	CS	512816109	2,162	24,573	SH		DFND	2	23,423	0	1,150
Lancaster Colony Corp	CS	513847103	2,064	16,028	SH		DFND	2	16,028	0	0
Linde	CS	g5494j103	1,938	6,739	SH		DFND	2	5,686	0	1,053
Littelfuse Inc	CS	537008104	1,347	5,302	SH		DFND	2	5,192	0	110
LKQ Corp	CS	501889208	563	11,478	SH		DFND	2	7,326	0	4,152
Lockheed Martin Corp	CS	539830109	2,997	6,970	SH		DFND	2	6,635	0	335
Lowe's Companies Inc	CS	548661107	1,554	8,896	SH		DFND	2	7,480	0	1,416
M&T Bank Corp	CS	55261F104	2,430	15,248	SH		DFND	2	13,502	0	1,746
Masco Corp	CS	574599106	1,274	25,174	SH		DFND	2	24,649	0	525
Maximus Inc	CS	577933104	869	13,898	SH		DFND	2	13,898	0	0
McKesson Corp	CS	58155Q103	2,375	7,281	SH		DFND	2	5,960	0	1,321
Merck & Co Inc	CS	58933Y105	3,276	35,938	SH		DFND	2	34,239	0	1,699
Meta Platforms Inc	CS	30303M102	420	2,604	SH		DFND	2	1,698	0	906
Methode Electronics Inc	CS	591520200	1,304	35,193	SH		DFND	2	35,193	0	0
Metlife Inc	CS	59156R108	3,392	54,024	SH		DFND	2	50,090	0	3,934
Microsoft Corp	CS	594918104	1,488	5,796	SH		DFND	2	5,018	0	778
Miller Industries Inc/Tenn	CS	600551204	1,255	55,368	SH		DFND	2	55,368	0	0
MSC Industrial Direct	CS	553530106	1,277	16,996	SH		DFND	2	16,642	0	354
Murphy USA Inc	CS	626755102	2,949	12,665	SH		DFND	2	12,665	0	0
National Energy Services Reuni	CS	g6375r107	1,532	225,955	SH		DFND	2	225,955	0	0
National Fuel Gas Co	CS	636180101	1,587	24,023	SH		DFND	2	22,815	0	1,208
National Healthcare Corp	CS	635906100	3,737	53,463	SH		DFND	2	53,463	0	0
Nelnet Inc	CS	64031N108	2,694	31,607	SH		DFND	2	31,607	0	0
NewMarket Corp	CS	651587107	1,113	3,699	SH		DFND	2	3,699	0	0
Nextera Energy Inc	CS	65339F101	356	4,600	SH		DFND	2	4,600	0	0
NextGen Healthcare Inc	CS	65343c102	514	29,477	SH		DFND	2	29,477	0	0
Northwest Natural Holding Co	CS	66765N105	1,101	20,735	SH		DFND	2	20,735	0	0
Northwestern Corp	CS	668074305	6,401	108,618	SH		DFND	2	102,837	0	5,781
Nutrien Ltd	CS	67077M108	1,454	18,250	SH		DFND	2	15,316	0	2,934
nVent Electric	CS	g6700g107	1,470	46,917	SH		DFND	2	45,939	0	978
Omnicom Group	CS	681919106	5,565	87,479	SH		DFND	2	81,280	0	6,199
Packaging Corp of America	CS	695156109	360	2,620	SH		DFND	2	1,695	0	925
Parker Hannifin Corp	CS	701094104	351	1,428	SH		DFND	2	901	0	527
Paychex Inc	CS	704326107	2,138	18,774	SH		DFND	2	17,828	0	946
Pentair	CS	g7s00t104	904	19,745	SH		DFND	2	19,334	0	411
PepsiCo Inc	CS	713448108	4,931	29,590	SH		DFND	2	25,983	0	3,607
Pfizer Inc	CS	717081103	6,205	118,347	SH		DFND	2	106,086	0	12,261
Philip Morris International	CS	718172109	2,707	27,415	SH		DFND	2	26,176	0	1,239
Piedmont Office Realty Tr Inc	CS	720190206	1,453	110,736	SH		DFND	2	110,736	0	0
Pinnacle West Capital	CS	723484101	1,708	23,353	SH		DFND	2	22,198	0	1,155
Pioneer Nat Res Co	CS	723787107	2,515	11,274	SH		DFND	2	11,039	0	235
Plexus Corp	CS	729132100	836	10,648	SH		DFND	2	10,648	0	0
PNC Financial Services Group	CS	693475105	4,555	28,871	SH		DFND	2	25,881	0	2,990
Polaris Industries Inc	CS	731068102	1,018	10,257	SH		DFND	2	10,043	0	214
Portland General Electric Co	CS	736508847	2,394	49,540	SH		DFND	2	49,540	0	0
Preformed Line Products Co	CS	740444104	1,041	16,924	SH		DFND	2	16,924	0	0
Prestige Consumer Healthcare I	CS	74112D101	2,814	47,859	SH		DFND	2	47,859	0	0
Principal Financial Group Inc	CS	74251V102	3,155	47,239	SH		DFND	2	43,092	0	4,147
Prudential Financial Inc	CS	744320102	3,253	34,002	SH		DFND	2	32,376	0	1,626
Public Storage	CS	74460D109	2,443	7,814	SH		DFND	2	6,385	0	1,429
PulteGroup Inc	CS	745867101	1,053	26,582	SH		DFND	2	26,027	0	555
QCR Holdings Inc	CS	74727a104	3,007	55,704	SH		DFND	2	55,704	0	0
Quest Diagnostics Inc	CS	74834L100	1,298	9,758	SH		DFND	2	9,555	0	203
Raymond James Financial Inc	CS	754730109	1,739	19,455	SH		DFND	2	19,050	0	405
Regal Rexnord Corp	CS	758750103	1,391	12,256	SH		DFND	2	10,300	0	1,956
Regions Financial Corp	CS	7591EP100	1,085	57,880	SH		DFND	2	56,671	0	1,209
Reinsurance Group Of America	CS	759351604	1,196	10,197	SH		DFND	2	9,985	0	212
Republic Services Inc	CS	760759100	1,658	12,672	SH		DFND	2	12,408	0	264
Safety Insurance Group Inc	CS	78648T100	4,821	49,652	SH		DFND	2	49,652	0	0
Sanderson Farms Inc	CS	800013104	3,962	18,381	SH		DFND	2	18,381	0	0
Skechers USA Inc	CS	830566105	1,099	30,885	SH		DFND	2	30,242	0	643
Sonoco Products	CS	835495102	3,082	54,030	SH		DFND	2	51,462	0	2,568
Southern Co/The	CS	842587107	1,936	27,144	SH		DFND	2	24,191	0	2,953
Southwest Gas Holdings Inc	CS	844895102	5,754	66,077	SH		DFND	2	65,052	0	1,025
Spire Inc	CS	84857L101	3,509	47,186	SH		DFND	2	47,186	0	0
Sprouts Farmers Market Inc	CS	85208m102	2,304	91,010	SH		DFND	2	91,010	0	0
Stag Industrial Inc	CS	85254J102	1,270	41,140	SH		DFND	2	40,283	0	857
Standard Motor Products Inc	CS	853666105	4,846	107,710	SH		DFND	2	107,710	0	0
Stanley Black & Decker Inc	CS	854502101	1,482	14,135	SH		DFND	2	11,299	0	2,836
Steel Dynamics Inc	CS	858119100	1,144	17,293	SH		DFND	2	16,932	0	361
Stepan Co	CS	858586100	1,045	10,311	SH		DFND	2	10,311	0	0
Stewart Information Services C	CS	860372101	3,507	70,499	SH		DFND	2	70,499	0	0
Stonex Group Inc	CS	861896108	4,086	52,342	SH		DFND	2	52,342	0	0
Stryker Corp	CS	863667101	1,364	6,855	SH		DFND	2	5,807	0	1,048
T Rowe Price Group Inc	CS	74144T108	4,169	36,696	SH		DFND	2	33,525	0	3,171
Texas Instruments Inc	CS	882508104	2,381	15,499	SH		DFND	2	14,159	0	1,340
Treehouse Foods Inc	CS	89469A104	1,322	31,607	SH		DFND	2	31,607	0	0
Tri Pointe Group Inc	CS	87265H109	4,275	253,415	SH		DFND	2	253,415	0	0
Truist Financial Corp	CS	89832q109	1,283	27,055	SH		DFND	2	22,886	0	4,169
Tyson Foods Inc	CS	902494103	1,568	18,222	SH		DFND	2	17,843	0	379
Ulta Beauty Inc	CS	90384S303	1,420	3,683	SH		DFND	2	3,606	0	77
UMB Financial Corp	CS	902788108	1,233	14,318	SH		DFND	2	14,020	0	298
United Parcel Service Inc	CS	911312106	3,351	18,356	SH		DFND	2	17,465	0	891
US Bancorp	CS	902973304	4,871	105,837	SH		DFND	2	94,489	0	11,348
Verizon Communications Inc	CS	92343V104	6,669	131,418	SH		DFND	2	117,292	0	14,126
Vishay Intertechnology Inc	CS	928298108	3,986	223,666	SH		DFND	2	214,030	0	9,636
Walt Disney Co/The	CS	254687106	1,391	14,733	SH		DFND	2	12,449	0	2,284
Washington Federal	CS	938824109	3,647	121,496	SH		DFND	2	121,496	0	0
Washington Trust Bancorp	CS	940610108	2,375	49,091	SH		DFND	2	49,091	0	0
Waterstone Financial Inc	CS	94188P101	2,421	142,007	SH		DFND	2	142,007	0	0
WEC Energy Group Inc	CS	92939U106	1,686	16,749	SH		DFND	2	14,064	0	2,685
Weis Markets Inc	CS	948849104	785	10,536	SH		DFND	2	10,536	0	0
Wendy'S/Arby'S Group Inc	CS	95058W100	885	46,850	SH		DFND	2	46,850	0	0
Werner Enterprises Inc	CS	950755108	4,566	118,470	SH		DFND	2	118,470	0	0
Whirlpool Corp	CS	963320106	2,459	15,877	SH		DFND	2	15,094	0	783
White Mountains Insurance Grou	CS	G9618E107	2,794	2,242	SH		DFND	2	2,242	0	0
World Fuel Svcs Corp	CS	981475106	1,550	75,767	SH		DFND	2	75,767	0	0
WR Berkley Corp	CS	084423102	1,814	26,577	SH		DFND	2	26,022	0	555
WSFS Financial Corp	CS	929328102	391	9,751	SH		DFND	2	9,751	0	0
Xcel Energy Inc	CS	98389B100	1,496	21,146	SH		DFND	2	20,704	0	442
Zimmer Biomet Holdings Inc	CS	98956P102	1,077	10,248	SH		DFND	2	10,034	0	214
iShares National Muni Bond	EF	464288414	2,118	19,912	SH		DFND	2	16,719	0	3,193
iShares Short Term Natinal	EF	464288158	696	6,650	SH		DFND	2	6,650	0	0
Schwab Short-Term US Treasury	EF	808524862	8,610	175,026	SH		DFND	2	0	0	0
SPDR Bloomberg Barclays Invest	EF	78468r200	7,936	263,571	SH		DFND	2	0	0	0
SPDR S&P 500	EF	78462F103	963	2,554	SH		SOLE		2,554	0	0
VanEck Vectors Short H/Y Muni	EF	92189f387	791	35,200	SH		DFND	2	35,200	0	0