Navellier & 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

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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
AbbVie Inc.	COM	00287Y109	4,814,978	29,794	SH		SOLE		29,794	0	0
AdvanSix, Inc.	COM	00773T101	708,959	18,647	SH		SOLE		18,647	0	0
Aehr Test Systems	COM	00760J108	2,824,512	140,523	SH		SOLE		140,523	0	0
Alliance Resource Partners L.P	COM	01877R108	1,708,262	84,068	SH		SOLE		84,068	0	0
Amazon.Com Inc.	COM	023135106	646,800	7,700	SH		SOLE		7,700	0	0
Amerant Bancorp Inc.	COM	023576101	484,328	18,045	SH		SOLE		18,045	0	0
American Express Co.	COM	025816109	325,050	2,200	SH		SOLE		2,200	0	0
Amgen Inc.	COM	031162100	5,461,074	20,793	SH		SOLE		20,793	0	0
Amkor Technology Inc.	COM	031652100	262,629	10,952	SH		SOLE		10,952	0	0
Amn Healthcare Services Inc.	COM	001744101	4,384,450	42,642	SH		SOLE		42,642	0	0
Amphastar Pharmaceutical Inc.	COM	03209R103	368,603	13,155	SH		SOLE		13,155	0	0
Andersons Inc.	COM	034164103	443,603	12,678	SH		SOLE		12,678	0	0
Antero Resources Corp.	COM	03674X106	3,206,163	103,458	SH		SOLE		103,458	0	0
Apollo Global Management Inc.	COM	03769M106	201,513	3,159	SH		SOLE		3,159	0	0
Apple Computer Inc.	COM	037833100	2,718,850	20,926	SH		SOLE		20,926	0	0
Applied Industrial Technologie	COM	03820C105	249,791	1,982	SH		SOLE		1,982	0	0
Arbor Realty Trust Inc.	COM	038923108	214,611	16,271	SH		SOLE		16,271	0	0
Arcbest Corp	COM	03937C105	752,650	10,746	SH		SOLE		10,746	0	0
Archer-Daniels-Midland Co.	COM	039483102	14,494,628	156,108	SH		SOLE		156,108	0	0
Ardmore Shipping Corp	COM	Y0207T100	1,998,854	138,713	SH		SOLE		138,713	0	0
Arista Networks, Inc.	COM	040413106	5,668,016	46,708	SH		SOLE		46,708	0	0
Ascent Industries Co.	COM	871565107	242,240	27,940	SH		SOLE		27,940	0	0
Ashland Global Holdings, Inc.	COM	044186104	4,810,677	44,738	SH		SOLE		44,738	0	0
Atkore Int Group	COM	047649108	1,180,135	10,405	SH		SOLE		10,405	0	0
Avnet Inc.	COM	053807103	292,432	7,033	SH		SOLE		7,033	0	0
Axcelis Technologies	COM	054540208	1,435,146	18,084	SH		SOLE		18,084	0	0
BHP Billiton Ltd.	COM	088606108	2,713,509	43,731	SH		SOLE		43,731	0	0
Bank Of America Corp.	COM	060505104	536,544	16,200	SH		SOLE		16,200	0	0
Bel Fuse Inc.	COM	077347300	521,980	15,856	SH		SOLE		15,856	0	0
Berry Plastics Group, Inc.	COM	08579W103	290,427	4,806	SH		SOLE		4,806	0	0
Black Stone Minerals LP	COM	09225M101	867,540	51,425	SH		SOLE		51,425	0	0
Boise Cascade Co Del	COM	09739D100	249,615	3,635	SH		SOLE		3,635	0	0
Booz Allen Hamilton Holding Co	COM	099502106	2,993,557	28,641	SH		SOLE		28,641	0	0
Bp Plc	COM	055622104	3,614,871	103,489	SH		SOLE		103,489	0	0
Broadcom Inc.	COM	11135F101	777,586	1,391	SH		SOLE		1,391	0	0
Builders Firstsource	COM	12008R107	3,314,135	51,081	SH		SOLE		51,081	0	0
Bunge Ltd.	COM	G16962105	2,998,887	30,058	SH		SOLE		30,058	0	0
Cactus inc.	COM	127203107	951,171	18,925	SH		SOLE		18,925	0	0
Cal-Maine Foods Inc.	COM	128030202	1,936,732	35,569	SH		SOLE		35,569	0	0
Calix, Inc.	COM	13100M509	1,864,854	27,252	SH		SOLE		27,252	0	0
Canadian Natural Resources Ltd	COM	136385101	2,682,876	48,314	SH		SOLE		48,314	0	0
Capital Product Partners LP	COM	Y11082206	376,167	27,558	SH		SOLE		27,558	0	0
Carlisle Cos.	COM	142339100	3,822,714	16,222	SH		SOLE		16,222	0	0
Catalyst Pharmaceuticals, Inc.	COM	14888U101	2,036,440	109,486	SH		SOLE		109,486	0	0
Caterpillar Inc.	COM	149123101	982,196	4,100	SH		SOLE		4,100	0	0
Ceco Environmental Corp.	COM	125141101	614,415	52,604	SH		SOLE		52,604	0	0
Cenovus Energy Inc.	COM	15135U109	3,467,674	178,654	SH		SOLE		178,654	0	0
Cf Industries Holdings Inc	COM	125269100	9,878,088	115,940	SH		SOLE		115,940	0	0
Cheniere Energy Inc.	COM	16411R208	455,878	3,040	SH		SOLE		3,040	0	0
Chevron Corp.	COM	166764100	3,122,817	17,398	SH		SOLE		17,398	0	0
Chico's Fas Inc.	COM	168615102	84,250	17,124	SH		SOLE		17,124	0	0
Clearfield Inc.	COM	18482P103	2,611,255	27,738	SH		SOLE		27,738	0	0
Cleveland Cliffs Inc	COM	185899101	305,574	18,968	SH		SOLE		18,968	0	0
Coca-Cola Co.	COM	191216100	522,683	8,217	SH		SOLE		8,217	0	0
Colgate-Palmolive Co.	COM	194162103	3,041,215	38,599	SH		SOLE		38,599	0	0
Commercial Metals Co.	COM	201723103	1,035,745	21,444	SH		SOLE		21,444	0	0
Comstock Resources Inc.	COM	205768302	165,274	12,055	SH		SOLE		12,055	0	0
Conagra Foods Inc.	COM	205887102	2,876,339	74,324	SH		SOLE		74,324	0	0
ConocoPhillips	COM	20825C104	15,248,432	129,224	SH		SOLE		129,224	0	0
Consol Energy Inc New	COM	20854L108	1,652,820	25,428	SH		SOLE		25,428	0	0
Consolidated Water Co. Inc.	COM	G23773107	292,152	19,740	SH		SOLE		19,740	0	0
Copart Inc.	COM	217204106	455,518	7,481	SH		SOLE		7,481	0	0
Costco Wholesale Corp.	COM	22160K105	6,043,181	13,238	SH		SOLE		13,238	0	0
Coterra Energy Inc.	COM	127097103	6,121,075	249,128	SH		SOLE		249,128	0	0
Cra Intl	COM	12618T105	3,180,609	25,979	SH		SOLE		25,979	0	0
Crescent Point Energy Corp.	COM	22576C101	713,827	99,836	SH		SOLE		99,836	0	0
Cross Country Healthcare Inc.	COM	227483104	729,612	27,460	SH		SOLE		27,460	0	0
Csx Corp.	COM	126408103	266,428	8,600	SH		SOLE		8,600	0	0
CubeSmart	COM	229663109	6,139,252	152,528	SH		SOLE		152,528	0	0
DHT Holdings, Inc.	COM	Y2065G121	1,049,199	118,153	SH		SOLE		118,153	0	0
DLH Holdings.	COM	23335Q100	554,546	46,738	SH		SOLE		46,738	0	0
Danaos Corporation	COM	Y1968P121	404,166	7,675	SH		SOLE		7,675	0	0
Darden Restaurants Inc.	COM	237194105	333,375	2,410	SH		SOLE		2,410	0	0
Datadog Inc Class A	COM	23804L103	278,786	3,793	SH		SOLE		3,793	0	0
Devon Energy Corp.	COM	25179M103	7,135,160	116,000	SH		SOLE		116,000	0	0
Diana Shipping, Inc.	COM	Y2066G104	291,966	74,863	SH		SOLE		74,863	0	0
Dick's Sporting Goods Inc.	COM	253393102	637,417	5,299	SH		SOLE		5,299	0	0
Dillard's Inc.	COM	254067101	226,563	701	SH		SOLE		701	0	0
Duke Energy Corp.	COM	26441C204	518,555	5,035	SH		SOLE		5,035	0	0
Eli Lilly & Co.	COM	532457108	6,127,454	16,749	SH		SOLE		16,749	0	0
Encore Wire Corp.	COM	292562105	210,192	1,528	SH		SOLE		1,528	0	0
Enerplus Corp.	COM	292766102	1,175,667	66,610	SH		SOLE		66,610	0	0
Enphase Energy, Inc.	COM	29355A107	5,953,916	22,471	SH		SOLE		22,471	0	0
Eog Resources Inc.	COM	26875P101	12,193,531	94,144	SH		SOLE		94,144	0	0
Epsilon Energy Ltd.	COM	294375209	708,614	106,880	SH		SOLE		106,880	0	0
Equinor ASA Sponsored ADR	COM	29446M102	2,541,364	70,968	SH		SOLE		70,968	0	0
Essential Utilities, Inc.	COM	29670G102	4,413,879	92,476	SH		SOLE		92,476	0	0
Evolution Petroleum Corp	COM	30049A107	360,392	47,734	SH		SOLE		47,734	0	0
Exlservice Holdings, Inc.	COM	302081104	4,548,348	26,845	SH		SOLE		26,845	0	0
Extra Space Storage Inc.	COM	30225T102	513,364	3,488	SH		SOLE		3,488	0	0
Exxon Mobil Corp.	COM	30231G102	535,065	4,851	SH		SOLE		4,851	0	0
Fidelity MSCI Information Tech	COM	316092808	1,757,886	18,600	SH		SOLE		18,600	0	0
First Bancorp	COM	318672706	264,385	20,785	SH		SOLE		20,785	0	0
Fmc Corp.	COM	302491303	3,894,259	31,204	SH		SOLE		31,204	0	0
Ford Motor Co.	COM	345370860	2,631,555	226,273	SH		SOLE		226,273	0	0
Fortinet Inc.	COM	34959E109	2,441,664	49,942	SH		SOLE		49,942	0	0
Frontline LTD.	COM	M46528101	1,730,302	142,529	SH		SOLE		142,529	0	0
Gaslog Partners LP	COM	Y2687W108	246,447	37,004	SH		SOLE		37,004	0	0
General Dynamics Corp.	COM	369550108	3,498,599	14,101	SH		SOLE		14,101	0	0
Genmab A S	COM	372303206	976,096	23,032	SH		SOLE		23,032	0	0
Genuine Parts Co.	COM	372460105	517,407	2,982	SH		SOLE		2,982	0	0
Getty Realty Corp.	COM	374297109	411,582	12,159	SH		SOLE		12,159	0	0
Gildan Activewear Inc.	COM	375916103	418,343	15,268	SH		SOLE		15,268	0	0
Global Partners LP	COM	37946R109	615,081	17,690	SH		SOLE		17,690	0	0
Golar Lng Ltd.	COM	G9456A100	366,805	16,095	SH		SOLE		16,095	0	0
Golden Ocean Group Ltd	COM	G39637205	228,373	26,280	SH		SOLE		26,280	0	0
Harmony Biosciences Holdings,	COM	413197104	353,356	6,413	SH		SOLE		6,413	0	0
Hershey Foods Corp.	COM	427866108	342,232	1,478	SH		SOLE		1,478	0	0
Hf Sinclair Corporation	COM	403949100	2,825,099	54,444	SH		SOLE		54,444	0	0
Home Depot Inc.	COM	437076102	1,036,263	3,281	SH		SOLE		3,281	0	0
Honeywell International Inc.	COM	438516106	595,968	2,781	SH		SOLE		2,781	0	0
Hudson Technologies Inc.	COM	444144109	1,098,425	108,540	SH		SOLE		108,540	0	0
Huntington Ingalls Industries	COM	446413106	4,953,392	21,473	SH		SOLE		21,473	0	0
ICL Group	COM	M53213100	2,451,935	335,422	SH		SOLE		335,422	0	0
Imperial Oil Ltd.	COM	453038408	3,720,422	76,332	SH		SOLE		76,332	0	0
International Seaways, Inc.	COM	Y41053102	431,394	11,653	SH		SOLE		11,653	0	0
Ishares Trust Lehman 1-3 Year	COM	464287457	13,871,304	170,892	SH		SOLE		170,892	0	0
Ishares Trust Lehman 20 Year	COM	464287432	6,006,853	60,334	SH		SOLE		60,334	0	0
Ishares Trust Lehman 7-10 Year	COM	464287440	13,281,813	138,670	SH		SOLE		138,670	0	0
Johnson & Johnson	COM	478160104	282,640	1,600	SH		SOLE		1,600	0	0
Jpmorgan Chase & Co.	COM	46625H100	214,560	1,600	SH		SOLE		1,600	0	0
Keysight Technologies Inc	COM	49338L103	973,730	5,692	SH		SOLE		5,692	0	0
Kimberly-Clark Corp.	COM	494368103	3,116,006	22,954	SH		SOLE		22,954	0	0
Kinder Morgan Inc.	COM	49456B101	4,708,574	260,430	SH		SOLE		260,430	0	0
Kla-Tencor Corp.	COM	482480100	962,181	2,552	SH		SOLE		2,552	0	0
Kosmos Energy Ltd.	COM	500688106	886,355	139,364	SH		SOLE		139,364	0	0
Kroger Co.	COM	501044101	4,302,237	96,506	SH		SOLE		96,506	0	0
L3Harris Technologies Inc	COM	502431109	1,761,040	8,458	SH		SOLE		8,458	0	0
Lamar Advertising Co. Class A	COM	512816109	534,493	5,662	SH		SOLE		5,662	0	0
Lamb Weston Holdings Inc.	COM	513272104	3,690,836	41,303	SH		SOLE		41,303	0	0
Lantheus Holdings Inc	COM	516544103	993,465	19,495	SH		SOLE		19,495	0	0
Livent Corporation	COM	53814L108	588,808	29,633	SH		SOLE		29,633	0	0
Lockheed Martin Corp.	COM	539830109	3,600,762	7,402	SH		SOLE		7,402	0	0
Lpl Financial Holdings Inc	COM	50212V100	765,242	3,540	SH		SOLE		3,540	0	0
Lululemon Athletica	COM	550021109	319,739	998	SH		SOLE		998	0	0
MSCI Inc.	COM	55354G100	484,707	1,042	SH		SOLE		1,042	0	0
Magnolia Oil and Gas Corp	COM	559663109	945,645	40,326	SH		SOLE		40,326	0	0
Marathon Oil Corp.	COM	565849106	6,385,245	235,879	SH		SOLE		235,879	0	0
Marathon Petroleum Corp.	COM	56585A102	3,384,738	29,081	SH		SOLE		29,081	0	0
Marine Petroleum Trust	COM	568423107	280,007	39,944	SH		SOLE		39,944	0	0
Matador Resources Company	COM	576485205	787,050	13,750	SH		SOLE		13,750	0	0
Mcdonald's Corp.	COM	580135101	843,296	3,200	SH		SOLE		3,200	0	0
Mercer International Inc.	COM	588056101	117,913	10,130	SH		SOLE		10,130	0	0
Merck & Co.	COM	58933Y105	1,158,651	10,443	SH		SOLE		10,443	0	0
Meta Platforms Inc. Class A	COM	30303M102	240,680	2,000	SH		SOLE		2,000	0	0
Mgp Ingredients Inc.	COM	55303J106	448,711	4,218	SH		SOLE		4,218	0	0
Microsoft Corp.	COM	594918104	1,443,903	6,021	SH		SOLE		6,021	0	0
Molina Healthcare Inc.	COM	60855R100	5,040,478	15,264	SH		SOLE		15,264	0	0
Mosaic Company	COM	61945C103	227,378	5,183	SH		SOLE		5,183	0	0
Mp Materials Corp	COM	553368101	587,673	24,204	SH		SOLE		24,204	0	0
Mueller Industries Inc.	COM	624756102	372,526	6,314	SH		SOLE		6,314	0	0
Murphy Usa Inc	COM	626755102	693,539	2,481	SH		SOLE		2,481	0	0
NV5 Holdings, Inc.	COM	62945V109	247,571	1,871	SH		SOLE		1,871	0	0
Nasdaq Stock Market Inc.	COM	631103108	248,786	4,055	SH		SOLE		4,055	0	0
Nexstar Broadcasting Group Inc	COM	65336K103	4,057,020	23,179	SH		SOLE		23,179	0	0
Nordic American Tanker Shippin	COM	G65773106	457,556	149,528	SH		SOLE		149,528	0	0
Nordson Corp.	COM	655663102	274,091	1,153	SH		SOLE		1,153	0	0
North European Oil Rlty Trust	COM	659310106	303,012	23,878	SH		SOLE		23,878	0	0
Northrop Grumman Corp.	COM	666807102	398,754	731	SH		SOLE		731	0	0
Northwest Pipe Co.	COM	667746101	405,815	12,042	SH		SOLE		12,042	0	0
Novanta Inc	COM	67000B104	472,012	3,474	SH		SOLE		3,474	0	0
Now, Inc.	COM	67011P100	528,371	41,604	SH		SOLE		41,604	0	0
Nucor Corp.	COM	670346105	262,566	1,992	SH		SOLE		1,992	0	0
Nutrien LTD	COM	67077M108	3,924,267	53,735	SH		SOLE		53,735	0	0
Nvidia Corp.	COM	67066G104	10,290,152	70,413	SH		SOLE		70,413	0	0
Obsidian Energy Ltd	COM	674482203	277,911	41,854	SH		SOLE		41,854	0	0
Occidental Petroleum Corp.	COM	674599105	2,716,192	43,121	SH		SOLE		43,121	0	0
Old Republic International Cor	COM	680223104	443,726	18,374	SH		SOLE		18,374	0	0
On Semiconductor Corp.	COM	682189105	3,899,747	62,526	SH		SOLE		62,526	0	0
Oneok Inc.	COM	682680103	522,315	7,950	SH		SOLE		7,950	0	0
P A M Trans Svcs iNC.	COM	693149106	467,728	18,059	SH		SOLE		18,059	0	0
PGT Inc.	COM	69336V101	939,901	52,333	SH		SOLE		52,333	0	0
Pampa Energia SA	COM	697660207	478,014	14,966	SH		SOLE		14,966	0	0
Panasonic Corp.	COM	69832A205	526,690	62,582	SH		SOLE		62,582	0	0
Paycom Software Inc.	COM	70432V102	341,651	1,101	SH		SOLE		1,101	0	0
Pbf Energy, Inc Class A	COM	69318G106	2,818,673	69,119	SH		SOLE		69,119	0	0
Pennant Investment Corp	COM	708062104	65,757	11,436	SH		SOLE		11,436	0	0
Pepsico Inc.	COM	713448108	2,674,270	14,803	SH		SOLE		14,803	0	0
Perion Network Ltd.	COM	M78673114	782,529	30,930	SH		SOLE		30,930	0	0
Permian Basin Royalty Trust	COM	714236106	340,452	13,510	SH		SOLE		13,510	0	0
Petroleo Brasileiro S/A	COM	71654V408	2,336,514	219,391	SH		SOLE		219,391	0	0
Phillips 66	COM	718546104	9,784,353	94,008	SH		SOLE		94,008	0	0
Photronics Inc.	COM	719405102	468,328	27,827	SH		SOLE		27,827	0	0
Pilgrim's Pride Corp.	COM	72147K108	372,537	15,699	SH		SOLE		15,699	0	0
Precision Drilling Corp.	COM	74022D407	347,911	4,536	SH		SOLE		4,536	0	0
Procter & Gamble Co.	COM	742718109	3,319,164	21,900	SH		SOLE		21,900	0	0
Prophase Labs Inc	COM	74345W108	697,077	72,386	SH		SOLE		72,386	0	0
Pyxix Tankers,Inc.	COM	Y71726130	408,495	84,750	SH		SOLE		84,750	0	0
Quanta Services Inc.	COM	74762E102	10,736,235	75,342	SH		SOLE		75,342	0	0
Quest Diagnostics Inc.	COM	74834L100	314,601	2,011	SH		SOLE		2,011	0	0
Ramaco Res Inc.	COM	75134P303	403,760	45,934	SH		SOLE		45,934	0	0
Rambus Inc.	COM	750917106	378,940	10,579	SH		SOLE		10,579	0	0
Raymond James Financial Inc.	COM	754730109	308,155	2,884	SH		SOLE		2,884	0	0
Rcm Technologies Inc.	COM	749360400	650,627	52,725	SH		SOLE		52,725	0	0
Repligen Corp.	COM	759916109	529,263	3,126	SH		SOLE		3,126	0	0
Richardson Electronics Ltd.	COM	763165107	520,495	24,402	SH		SOLE		24,402	0	0
Rio Tinto Plc	COM	767204100	4,113,010	57,767	SH		SOLE		57,767	0	0
Rpc Inc.	COM	749660106	725,228	81,578	SH		SOLE		81,578	0	0
SPDR Gold Shares	COM	78463V107	339,280	2,000	SH		SOLE		2,000	0	0
Sabine Royalty Trust	COM	785688102	836,726	9,792	SH		SOLE		9,792	0	0
Safety Insurance Group Inc.	COM	78648T100	416,303	4,941	SH		SOLE		4,941	0	0
Scorpio Tankers, Inc	COM	Y7542C130	804,453	14,961	SH		SOLE		14,961	0	0
Sensus Health Care Inc.	COM	81728J109	921,690	124,217	SH		SOLE		124,217	0	0
Sfl Corporation Ltd	COM	G7738W106	530,390	57,526	SH		SOLE		57,526	0	0
Shell Plc Sponsored Adr	COM	780259305	769,565	13,513	SH		SOLE		13,513	0	0
Sinovac Biotech Ltd.	COM	P8696W104	0	15,056	SH		SOLE		15,056	0	0
Sitio Royalties Corp. Class A	COM	82983N108	1,754,859	60,827	SH		SOLE		60,827	0	0
Sociedad Quimica Y Minera De C	COM	833635105	6,668,876	83,528	SH		SOLE		83,528	0	0
Southwestern Energy Co.	COM	845467109	452,574	77,363	SH		SOLE		77,363	0	0
Standard & Poor's Depositary R	COM	78462F103	1,298,732	3,396	SH		SOLE		3,396	0	0
Steel Dynamics Inc.	COM	858119100	3,395,075	34,750	SH		SOLE		34,750	0	0
Suncor Energy Inc.	COM	867224107	2,937,849	92,589	SH		SOLE		92,589	0	0
Super Micro Computer, Inc.	COM	86800U104	1,550,130	18,881	SH		SOLE		18,881	0	0
TFI International	COM	87241L109	2,052,514	20,476	SH		SOLE		20,476	0	0
Targa Resources	COM	87612G101	3,279,644	44,621	SH		SOLE		44,621	0	0
Technoglass Inc.	COM	G87264100	814,790	26,480	SH		SOLE		26,480	0	0
Teekay Tankers Ltd	COM	Y8565N300	481,745	15,636	SH		SOLE		15,636	0	0
Tenaris S.A. ADS	COM	88031M109	2,163,746	61,540	SH		SOLE		61,540	0	0
Texas Instruments Inc.	COM	882508104	223,503	1,353	SH		SOLE		1,353	0	0
Titan International Inc.	COM	88830M102	1,120,444	73,136	SH		SOLE		73,136	0	0
Titan Machinery Inc.	COM	88830R101	1,422,334	35,800	SH		SOLE		35,800	0	0
TotalEnergies SE Sponsored ADR	COM	89151E109	3,433,707	55,311	SH		SOLE		55,311	0	0
Toyota Motor Corp.	COM	892331307	1,516,038	11,100	SH		SOLE		11,100	0	0
Transcat Inc.	COM	893529107	463,915	6,546	SH		SOLE		6,546	0	0
Tsakos Energy Navigation Ltd.	COM	G9108L173	409,215	24,171	SH		SOLE		24,171	0	0
Ufp Technologies Inc.	COM	902673102	1,062,307	9,011	SH		SOLE		9,011	0	0
Ugi Corp.	COM	902681105	472,939	12,758	SH		SOLE		12,758	0	0
Union Pacific Corp.	COM	907818108	933,472	4,508	SH		SOLE		4,508	0	0
United Microelectronics Corp.	COM	910873405	505,585	77,425	SH		SOLE		77,425	0	0
United Parcel Service Inc.	COM	911312106	417,390	2,401	SH		SOLE		2,401	0	0
Unitedhealth Group Inc.	COM	91324P102	733,879	1,384	SH		SOLE		1,384	0	0
Universal Corp.	COM	913456109	4,617,178	87,430	SH		SOLE		87,430	0	0
Uranium Energy Corp.	COM	916896103	58,638	15,113	SH		SOLE		15,113	0	0
VOC Energy Trust	COM	91829B103	757,518	73,049	SH		SOLE		73,049	0	0
Vaalco Energy Inc.	COM	91851C201	48,537	10,644	SH		SOLE		10,644	0	0
Valaris Ltd.	COM	G9460G101	791,424	11,704	SH		SOLE		11,704	0	0
Valero Energy Corp.	COM	91913Y100	8,500,508	67,007	SH		SOLE		67,007	0	0
Vanguard Dividend Appreciation	COM	921908844	255,860	1,685	SH		SOLE		1,685	0	0
Veritiv Corp	COM	923454102	391,176	3,214	SH		SOLE		3,214	0	0
Vermillion Energy Inc.	COM	923725105	539,000	30,452	SH		SOLE		30,452	0	0
Vista Oil & Gas SAB ADR	COM	92837L109	2,018,308	128,883	SH		SOLE		128,883	0	0
Vistra Corp.	COM	92840M102	3,406,085	146,814	SH		SOLE		146,814	0	0
Volkswagen Ag.	COM	928662600	1,764,786	111,993	SH		SOLE		111,993	0	0
W&T Offshore Inc.	COM	92922P106	525,368	94,152	SH		SOLE		94,152	0	0
WEC Energy Group Inc.	COM	92939U106	2,398,287	25,579	SH		SOLE		25,579	0	0
WNS Holdings Ltd. (ADS)	COM	92932M101	721,670	9,022	SH		SOLE		9,022	0	0
Wal-Mart Stores Inc.	COM	931142103	237,073	1,672	SH		SOLE		1,672	0	0
Westlake Chemical Corp.	COM	960413102	1,724,415	16,817	SH		SOLE		16,817	0	0
WillScot Mobile Mini Holdings	COM	971378104	5,802,764	128,465	SH		SOLE		128,465	0	0
Ypf S.A.	COM	984245100	428,144	46,588	SH		SOLE		46,588	0	0
Yum! Brands Inc.	COM	988498101	496,595	3,877	SH		SOLE		3,877	0	0
iRadimed Corp	COM	46266A109	262,984	9,296	SH		SOLE		9,296	0	0