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
Aaon Inc.	COM	000360206	5,452,059	56,387	SH		SOLE		56,387	0	0
AbbVie Inc.	COM	00287Y109	4,717,671	29,602	SH		SOLE		29,602	0	0
Agilent Technologies Inc.	COM	00846U101	3,781,662	27,336	SH		SOLE		27,336	0	0
Agilysys Inc.	COM	00847J105	333,670	4,044	SH		SOLE		4,044	0	0
Allegro Microsystems Inc	COM	01749D105	3,977,891	82,890	SH		SOLE		82,890	0	0
Alliance Resource Partners L.P	COM	01877R108	1,696,216	84,096	SH		SOLE		84,096	0	0
Alpha Metallurgical Resources,	COM	020764106	202,332	1,297	SH		SOLE		1,297	0	0
Amazon.Com Inc.	COM	023135106	723,030	0	SH		SOLE		7,000	0	0
American Express Co.	COM	025816109	346,395	2,100	SH		SOLE		2,100	0	0
Amgen Inc.	COM	031162100	4,938,711	20,429	SH		SOLE		20,429	0	0
Amkor Technology Inc.	COM	031652100	295,327	11,350	SH		SOLE		11,350	0	0
Andersons Inc.	COM	034164103	448,611	10,857	SH		SOLE		10,857	0	0
Antero Resources Corp.	COM	03674X106	2,382,218	103,171	SH		SOLE		103,171	0	0
Apollo Global Management Inc.	COM	03769M106	210,954	3,340	SH		SOLE		3,340	0	0
Apple Computer Inc.	COM	037833100	3,335,432	20,227	SH		SOLE		20,227	0	0
Applied Industrial Technologie	COM	03820C105	297,620	2,094	SH		SOLE		2,094	0	0
Arbor Realty Trust Inc.	COM	038923108	187,298	16,301	SH		SOLE		16,301	0	0
Archer-Daniels-Midland Co.	COM	039483102	724,189	9,091	SH		SOLE		9,091	0	0
Arcos Dorados Holdings, Inc. C	COM	G0457F107	117,832	15,283	SH		SOLE		15,283	0	0
Ardmore Shipping Corp	COM	Y0207T100	2,086,083	140,288	SH		SOLE		140,288	0	0
Arhaus, Inc. Class A	COM	04035M102	580,864	70,068	SH		SOLE		70,068	0	0
Arista Networks, Inc.	COM	040413106	4,672,887	27,838	SH		SOLE		27,838	0	0
Ashland Global Holdings, Inc.	COM	044186104	4,186,768	40,763	SH		SOLE		40,763	0	0
Atkore Int Group	COM	047649108	1,486,700	10,583	SH		SOLE		10,583	0	0
Avnet Inc.	COM	053807103	327,022	7,235	SH		SOLE		7,235	0	0
Axcelis Technologies	COM	054540208	2,389,039	17,929	SH		SOLE		17,929	0	0
BHP Billiton Ltd.	COM	088606108	2,771,715	43,711	SH		SOLE		43,711	0	0
BWX Technologies, Inc.	COM	05605H100	1,854,006	29,410	SH		SOLE		29,410	0	0
Bank Of America Corp.	COM	060505104	466,180	16,300	SH		SOLE		16,300	0	0
Bel Fuse Inc.	COM	077347300	578,957	15,406	SH		SOLE		15,406	0	0
Berry Plastics Group, Inc.	COM	08579W103	299,271	5,081	SH		SOLE		5,081	0	0
Black Stone Minerals LP	COM	09225M101	794,604	50,644	SH		SOLE		50,644	0	0
Boise Cascade Co Del	COM	09739D100	243,133	3,844	SH		SOLE		3,844	0	0
Booz Allen Hamilton Holding Co	COM	099502106	2,641,665	28,500	SH		SOLE		28,500	0	0
Bowman Consulting Group	COM	103002101	325,313	11,331	SH		SOLE		11,331	0	0
Bp Plc	COM	055622104	3,899,473	102,780	SH		SOLE		102,780	0	0
Broadcom Inc.	COM	11135F101	910,987	1,420	SH		SOLE		1,420	0	0
Builders Firstsource	COM	12008R107	4,420,090	49,787	SH		SOLE		49,787	0	0
Bunge Ltd.	COM	G16962105	449,422	4,705	SH		SOLE		4,705	0	0
Cactus inc.	COM	127203107	320,233	7,767	SH		SOLE		7,767	0	0
Cal-Maine Foods Inc.	COM	128030202	2,307,609	37,898	SH		SOLE		37,898	0	0
Calix, Inc.	COM	13100M509	1,384,766	25,840	SH		SOLE		25,840	0	0
Canadian Natural Resources Ltd	COM	136385101	2,579,476	46,603	SH		SOLE		46,603	0	0
Canadian Solar Inc.	COM	136635109	985,497	24,755	SH		SOLE		24,755	0	0
Catalyst Pharmaceuticals, Inc.	COM	14888U101	2,067,957	124,726	SH		SOLE		124,726	0	0
Caterpillar Inc.	COM	149123101	915,360	4,000	SH		SOLE		4,000	0	0
Ceco Environmental Corp.	COM	125141101	1,169,438	83,591	SH		SOLE		83,591	0	0
Cenovus Energy Inc.	COM	15135U109	2,879,329	164,910	SH		SOLE		164,910	0	0
Cheniere Energy Inc.	COM	16411R208	475,952	3,020	SH		SOLE		3,020	0	0
Chevron Corp.	COM	166764100	2,725,751	16,706	SH		SOLE		16,706	0	0
Chico's Fas Inc.	COM	168615102	94,182	17,124	SH		SOLE		17,124	0	0
Chindata Grp Holdings Ltd	COM	16955F107	325,419	46,555	SH		SOLE		46,555	0	0
Clearfield Inc.	COM	18482P103	1,255,098	26,945	SH		SOLE		26,945	0	0
Cleveland Cliffs Inc	COM	185899101	357,527	19,505	SH		SOLE		19,505	0	0
Coca-Cola Co.	COM	191216100	523,967	8,447	SH		SOLE		8,447	0	0
Coca-Cola Femsa S.A. De C.V.	COM	191241108	3,042,249	37,806	SH		SOLE		37,806	0	0
Colgate-Palmolive Co.	COM	194162103	2,875,164	38,259	SH		SOLE		38,259	0	0
Commercial Metals Co.	COM	201723103	1,060,152	21,680	SH		SOLE		21,680	0	0
Comstock Resources Inc.	COM	205768302	137,357	12,730	SH		SOLE		12,730	0	0
Conagra Foods Inc.	COM	205887102	6,803,994	181,150	SH		SOLE		181,150	0	0
ConocoPhillips	COM	20825C104	12,628,242	127,288	SH		SOLE		127,288	0	0
Consol Energy Inc New	COM	20854L108	1,450,049	24,885	SH		SOLE		24,885	0	0
Consolidated Water Co. Inc.	COM	G23773107	327,105	19,909	SH		SOLE		19,909	0	0
Cooper Cos.	COM	216648402	228,496	612	SH		SOLE		612	0	0
Copart Inc.	COM	217204106	594,234	7,901	SH		SOLE		7,901	0	0
Costco Wholesale Corp.	COM	22160K105	6,215,347	12,509	SH		SOLE		12,509	0	0
Coterra Energy Inc.	COM	127097103	3,706,104	151,023	SH		SOLE		151,023	0	0
Cra Intl	COM	12618T105	2,786,824	25,847	SH		SOLE		25,847	0	0
Cross Country Healthcare Inc.	COM	227483104	602,930	27,013	SH		SOLE		27,013	0	0
Csx Corp.	COM	126408103	224,550	7,500	SH		SOLE		7,500	0	0
CubeSmart	COM	229663109	3,680,036	79,620	SH		SOLE		79,620	0	0
DHT Holdings, Inc.	COM	Y2065G121	1,565,623	144,831	SH		SOLE		144,831	0	0
Darden Restaurants Inc.	COM	237194105	395,348	2,548	SH		SOLE		2,548	0	0
Devon Energy Corp.	COM	25179M103	5,746,361	113,542	SH		SOLE		113,542	0	0
Dick's Sporting Goods Inc.	COM	253393102	785,929	5,539	SH		SOLE		5,539	0	0
Digi International Inc.	COM	253798102	474,214	14,080	SH		SOLE		14,080	0	0
Dillard's Inc.	COM	254067101	207,684	675	SH		SOLE		675	0	0
Dorian Lpg. Ltd	COM	Y2106R110	1,014,208	50,863	SH		SOLE		50,863	0	0
Duke Energy Corp.	COM	26441C204	498,364	5,166	SH		SOLE		5,166	0	0
E.L.F. Beauty, Inc.	COM	26856L103	600,496	7,292	SH		SOLE		7,292	0	0
Eli Lilly & Co.	COM	532457108	4,475,106	13,031	SH		SOLE		13,031	0	0
Encore Wire Corp.	COM	292562105	273,732	1,477	SH		SOLE		1,477	0	0
Enerplus Corp.	COM	292766102	948,855	65,847	SH		SOLE		65,847	0	0
Enphase Energy, Inc.	COM	29355A107	4,867,351	23,147	SH		SOLE		23,147	0	0
Eog Resources Inc.	COM	26875P101	10,636,174	92,787	SH		SOLE		92,787	0	0
Epsilon Energy Ltd.	COM	294375209	250,670	46,942	SH		SOLE		46,942	0	0
Equinor ASA Sponsored ADR	COM	29446M102	1,995,416	70,187	SH		SOLE		70,187	0	0
Essential Utilities, Inc.	COM	29670G102	4,007,070	91,800	SH		SOLE		91,800	0	0
Evolution Petroleum Corp	COM	30049A107	296,242	46,948	SH		SOLE		46,948	0	0
Exlservice Holdings, Inc.	COM	302081104	3,959,171	24,465	SH		SOLE		24,465	0	0
Extra Space Storage Inc.	COM	30225T102	583,941	3,584	SH		SOLE		3,584	0	0
Exxon Mobil Corp.	COM	30231G102	8,190,615	74,691	SH		SOLE		74,691	0	0
Fidelity MSCI Information Tech	COM	316092808	2,119,470	18,600	SH		SOLE		18,600	0	0
Financial Select Sector Spdr F	COM	81369Y605	841,848	26,185	SH		SOLE		26,185	0	0
First Bancorp	COM	318672706	245,005	21,454	SH		SOLE		21,454	0	0
First Solar	COM	336433107	4,752,810	21,852	SH		SOLE		21,852	0	0
First Trust Consumer Disc. Alp	COM	33734X101	3,814,674	73,458	SH		SOLE		73,458	0	0
First Trust Financials AlphaDe	COM	33734X135	3,354,063	89,849	SH		SOLE		89,849	0	0
First Trust Indust./Prod.Dura	COM	33734X150	3,989,990	71,827	SH		SOLE		71,827	0	0
First Trust Materials AlphaDex	COM	33734X168	3,753,222	57,459	SH		SOLE		57,459	0	0
First Trust Technology AlphaDe	COM	33734X176	4,151,849	39,470	SH		SOLE		39,470	0	0
FirstTrust NASDAQ Tech.	COM	337345102	4,353,161	33,355	SH		SOLE		33,355	0	0
Fmc Corp.	COM	302491303	3,849,171	31,517	SH		SOLE		31,517	0	0
Fortinet Inc.	COM	34959E109	3,176,256	47,792	SH		SOLE		47,792	0	0
Frontline LTD.	COM	M46528101	2,365,281	142,831	SH		SOLE		142,831	0	0
Gaslog Partners LP	COM	Y2687W108	580,988	69,001	SH		SOLE		69,001	0	0
General Dynamics Corp.	COM	369550108	3,198,820	14,017	SH		SOLE		14,017	0	0
Genmab A S	COM	372303206	854,282	22,624	SH		SOLE		22,624	0	0
Genuine Parts Co.	COM	372460105	3,400,576	20,325	SH		SOLE		20,325	0	0
Genworth Financial Inc.	COM	37247D106	129,024	25,702	SH		SOLE		25,702	0	0
Getty Realty Corp.	COM	374297109	450,447	12,502	SH		SOLE		12,502	0	0
Global Partners LP	COM	37946R109	561,245	18,093	SH		SOLE		18,093	0	0
Golar Lng Ltd.	COM	G9456A100	353,290	16,356	SH		SOLE		16,356	0	0
Golden Ocean Group Ltd	COM	G39637205	242,227	25,444	SH		SOLE		25,444	0	0
Grupo Aeroportuario del Centro	COM	400501102	236,396	2,641	SH		SOLE		2,641	0	0
Harmony Biosciences Holdings,	COM	413197104	203,769	6,241	SH		SOLE		6,241	0	0
Hershey Foods Corp.	COM	427866108	377,544	1,484	SH		SOLE		1,484	0	0
Hf Sinclair Corporation	COM	403949100	2,642,225	54,614	SH		SOLE		54,614	0	0
Home Depot Inc.	COM	437076102	953,533	3,231	SH		SOLE		3,231	0	0
Honeywell International Inc.	COM	438516106	543,354	2,843	SH		SOLE		2,843	0	0
Hudson Technologies Inc.	COM	444144109	918,038	105,159	SH		SOLE		105,159	0	0
Huntington Ingalls Industries	COM	446413106	4,417,807	21,340	SH		SOLE		21,340	0	0
Imperial Oil Ltd.	COM	453038408	3,738,803	73,584	SH		SOLE		73,584	0	0
International Seaways, Inc.	COM	Y41053102	486,030	11,661	SH		SOLE		11,661	0	0
Intest Corp.	COM	461147100	545,752	26,314	SH		SOLE		26,314	0	0
Ishares Dow Jones U.S. Technol	COM	464287721	1,029,634	11,094	SH		SOLE		11,094	0	0
Ishares MSCI Japan ETF	COM	46434G822	961,812	16,388	SH		SOLE		16,388	0	0
Ishares Msci Pacific Ex-Japan	COM	464286665	891,564	20,360	SH		SOLE		20,360	0	0
Ishares Trust Dow Jones U.S. I	COM	464287754	946,412	9,449	SH		SOLE		9,449	0	0
Ishares U.S. Energy Sector Ind	COM	464287796	902,125	20,620	SH		SOLE		20,620	0	0
Johnson & Johnson	COM	478160104	232,500	1,500	SH		SOLE		1,500	0	0
Keysight Technologies Inc	COM	49338L103	920,759	5,702	SH		SOLE		5,702	0	0
Kimberly-Clark Corp.	COM	494368103	3,059,948	22,798	SH		SOLE		22,798	0	0
Kinder Morgan Inc.	COM	49456B101	4,547,767	259,724	SH		SOLE		259,724	0	0
Kla-Tencor Corp.	COM	482480100	1,077,360	2,699	SH		SOLE		2,699	0	0
Kosmos Energy Ltd.	COM	500688106	393,807	52,931	SH		SOLE		52,931	0	0
Kroger Co.	COM	501044101	693,254	14,042	SH		SOLE		14,042	0	0
Lamar Advertising Co. Class A	COM	512816109	583,258	5,839	SH		SOLE		5,839	0	0
Lamb Weston Holdings Inc.	COM	513272104	4,135,438	39,566	SH		SOLE		39,566	0	0
Lantheus Holdings Inc	COM	516544103	1,592,417	19,288	SH		SOLE		19,288	0	0
Lattice Semiconductor Corp.	COM	518415104	234,071	2,451	SH		SOLE		2,451	0	0
Leidos Holdings Inc.	COM	525327102	2,906,334	31,570	SH		SOLE		31,570	0	0
Livent Corporation	COM	53814L108	637,547	29,353	SH		SOLE		29,353	0	0
Lockheed Martin Corp.	COM	539830109	3,494,420	7,392	SH		SOLE		7,392	0	0
Lpl Financial Holdings Inc	COM	50212V100	743,618	3,674	SH		SOLE		3,674	0	0
Lsi Industries Inc.	COM	50216C108	520,522	37,367	SH		SOLE		37,367	0	0
Lululemon Athletica	COM	550021109	5,337,204	14,655	SH		SOLE		14,655	0	0
MSCI Inc.	COM	55354G100	617,338	1,103	SH		SOLE		1,103	0	0
Magnolia Oil and Gas Corp	COM	559663109	866,164	39,587	SH		SOLE		39,587	0	0
Marathon Oil Corp.	COM	565849106	5,513,843	230,127	SH		SOLE		230,127	0	0
Marathon Petroleum Corp.	COM	56585A102	3,908,722	28,990	SH		SOLE		28,990	0	0
Marine Petroleum Trust	COM	568423107	274,958	36,661	SH		SOLE		36,661	0	0
Matador Resources Company	COM	576485205	646,086	13,559	SH		SOLE		13,559	0	0
Materials Select Sector Spdr F	COM	81369Y100	937,834	11,627	SH		SOLE		11,627	0	0
Mcdonald's Corp.	COM	580135101	894,752	3,200	SH		SOLE		3,200	0	0
Mercer International Inc.	COM	588056101	100,592	10,296	SH		SOLE		10,296	0	0
Merck & Co.	COM	58933Y105	995,172	9,354	SH		SOLE		9,354	0	0
Meta Platforms Inc. Class A	COM	30303M102	423,880	2,000	SH		SOLE		2,000	0	0
Mgp Ingredients Inc.	COM	55303J106	395,488	4,089	SH		SOLE		4,089	0	0
Microsoft Corp.	COM	594918104	1,685,402	5,846	SH		SOLE		5,846	0	0
Modine Manufacturing Co.	COM	607828100	281,694	12,221	SH		SOLE		12,221	0	0
Monolithic Power Systems, Inc.	COM	609839105	282,805	565	SH		SOLE		565	0	0
Mosaic Company	COM	61945C103	251,147	5,474	SH		SOLE		5,474	0	0
Mueller Industries Inc.	COM	624756102	476,297	6,482	SH		SOLE		6,482	0	0
Murphy Usa Inc	COM	626755102	639,448	2,478	SH		SOLE		2,478	0	0
Napco Security Systems Inc.	COM	630402105	1,281,703	34,106	SH		SOLE		34,106	0	0
Nasdaq Stock Market Inc.	COM	631103108	221,687	4,055	SH		SOLE		4,055	0	0
Nexstar Broadcasting Group Inc	COM	65336K103	3,997,597	23,153	SH		SOLE		23,153	0	0
Nordic American Tanker Shippin	COM	G65773106	597,279	150,828	SH		SOLE		150,828	0	0
Nordson Corp.	COM	655663102	271,157	1,220	SH		SOLE		1,220	0	0
North European Oil Rlty Trust	COM	659310106	302,089	24,090	SH		SOLE		24,090	0	0
Northeast Community Bancorp in	COM	664121100	281,280	21,439	SH		SOLE		21,439	0	0
Northrop Grumman Corp.	COM	666807102	338,902	734	SH		SOLE		734	0	0
Northwest Pipe Co.	COM	667746101	357,927	11,461	SH		SOLE		11,461	0	0
Novanta Inc	COM	67000B104	570,497	3,586	SH		SOLE		3,586	0	0
Novo Nordisk A/S	COM	670100205	4,831,013	30,357	SH		SOLE		30,357	0	0
Now, Inc.	COM	67011P100	459,458	41,207	SH		SOLE		41,207	0	0
Nucor Corp.	COM	670346105	299,826	1,941	SH		SOLE		1,941	0	0
Nvidia Corp.	COM	67066G104	17,025,357	61,293	SH		SOLE		61,293	0	0
Obsidian Energy Ltd	COM	674482203	266,426	41,629	SH		SOLE		41,629	0	0
Occidental Petroleum Corp.	COM	674599105	2,684,802	43,005	SH		SOLE		43,005	0	0
Old Republic International Cor	COM	680223104	472,457	18,921	SH		SOLE		18,921	0	0
On Semiconductor Corp.	COM	682189105	5,013,206	60,899	SH		SOLE		60,899	0	0
Oneok Inc.	COM	682680103	517,279	8,141	SH		SOLE		8,141	0	0
Paccar Inc.	COM	693718108	204,228	2,790	SH		SOLE		2,790	0	0
Pampa Energia SA	COM	697660207	508,848	15,429	SH		SOLE		15,429	0	0
Panasonic Corp.	COM	69832A205	560,825	63,156	SH		SOLE		63,156	0	0
Paycom Software Inc.	COM	70432V102	351,132	1,155	SH		SOLE		1,155	0	0
Pbf Energy, Inc Class A	COM	69318G106	2,945,922	67,941	SH		SOLE		67,941	0	0
Pepsico Inc.	COM	713448108	2,680,357	14,703	SH		SOLE		14,703	0	0
Perion Network Ltd.	COM	M78673114	1,256,071	31,735	SH		SOLE		31,735	0	0
Permian Basin Royalty Trust	COM	714236106	317,615	13,017	SH		SOLE		13,017	0	0
Permian Resources Corporation	COM	71424F105	124,625	11,869	SH		SOLE		11,869	0	0
Petroleo Brasileiro S/A	COM	71654V408	2,228,609	213,673	SH		SOLE		213,673	0	0
Phillips 66	COM	718546104	9,406,036	92,780	SH		SOLE		92,780	0	0
Porsche Automobil Holding SE U	COM	73328P106	276,040	48,007	SH		SOLE		48,007	0	0
Precision Drilling Corp.	COM	74022D407	228,973	4,453	SH		SOLE		4,453	0	0
Procter & Gamble Co.	COM	742718109	3,268,652	21,983	SH		SOLE		21,983	0	0
Prophase Labs Inc	COM	74345W108	446,273	58,566	SH		SOLE		58,566	0	0
Pyxix Tankers,Inc.	COM	Y71726130	398,466	81,154	SH		SOLE		81,154	0	0
Quanta Services Inc.	COM	74762E102	10,968,745	65,823	SH		SOLE		65,823	0	0
Quest Diagnostics Inc.	COM	74834L100	300,928	2,127	SH		SOLE		2,127	0	0
Ramaco Res Inc.	COM	75134P303	392,142	44,511	SH		SOLE		44,511	0	0
Rambus Inc.	COM	750917106	573,958	11,197	SH		SOLE		11,197	0	0
Raymond James Financial Inc.	COM	754730109	284,567	3,051	SH		SOLE		3,051	0	0
Rcm Technologies Inc.	COM	749360400	280,238	24,242	SH		SOLE		24,242	0	0
Repligen Corp.	COM	759916109	546,833	3,248	SH		SOLE		3,248	0	0
Richardson Electronics Ltd.	COM	763165107	526,306	23,580	SH		SOLE		23,580	0	0
Rio Tinto Plc	COM	767204100	4,021,606	58,624	SH		SOLE		58,624	0	0
Rpc Inc.	COM	749660106	614,047	79,850	SH		SOLE		79,850	0	0
SPDR Gold Shares	COM	78463V107	366,977	2,000	SH		SOLE		2,000	0	0
Sabine Royalty Trust	COM	785688102	760,612	10,592	SH		SOLE		10,592	0	0
Sanmina-SCI Corp.	COM	801056102	366,977	6,017	SH		SOLE		6,017	0	0
Scorpio Tankers, Inc	COM	Y7542C130	955,862	16,975	SH		SOLE		16,975	0	0
Sensus Health Care Inc.	COM	81728J109	265,439	50,948	SH		SOLE		50,948	0	0
Sfl Corporation Ltd	COM	G7738W106	546,678	57,545	SH		SOLE		57,545	0	0
Shell Plc Sponsored Adr	COM	780259305	795,548	13,826	SH		SOLE		13,826	0	0
Shoals Technology Group, Inc.	COM	82489W107	935,142	41,033	SH		SOLE		41,033	0	0
Sinovac Biotech Ltd.	COM	P8696W104	0	15,056	SH		SOLE		15,056	0	0
Sitio Royalties Corp. Class A	COM	82983N108	903,209	39,965	SH		SOLE		39,965	0	0
Sociedad Quimica Y Minera De C	COM	833635105	6,678,939	82,395	SH		SOLE		82,395	0	0
Southwestern Energy Co.	COM	845467109	349,390	69,878	SH		SOLE		69,878	0	0
Standard & Poor's Depositary R	COM	78462F103	1,095,118	2,675	SH		SOLE		2,675	0	0
Starwood Property Trust Inc.	COM	85571B105	179,412	10,142	SH		SOLE		10,142	0	0
Steel Dynamics Inc.	COM	858119100	3,792,259	33,542	SH		SOLE		33,542	0	0
Suncor Energy Inc.	COM	867224107	2,784,098	89,665	SH		SOLE		89,665	0	0
Super Micro Computer, Inc.	COM	86800U104	1,982,682	18,608	SH		SOLE		18,608	0	0
Targa Resources	COM	87612G101	3,181,277	43,609	SH		SOLE		43,609	0	0
Technipfmc Plc	COM	G87110105	680,152	49,828	SH		SOLE		49,828	0	0
Technoglass Inc.	COM	G87264100	1,074,805	25,615	SH		SOLE		25,615	0	0
Teekay Tankers Ltd	COM	Y8565N300	730,454	17,015	SH		SOLE		17,015	0	0
Tenaris S.A. ADS	COM	88031M109	1,819,306	64,015	SH		SOLE		64,015	0	0
Texas Instruments Inc.	COM	882508104	253,160	1,361	SH		SOLE		1,361	0	0
Titan International Inc.	COM	88830M102	437,278	41,725	SH		SOLE		41,725	0	0
Titan Machinery Inc.	COM	88830R101	908,476	29,835	SH		SOLE		29,835	0	0
TotalEnergies SE Sponsored ADR	COM	89151E109	3,288,554	55,691	SH		SOLE		55,691	0	0
Tsakos Energy Navigation Ltd.	COM	G9108L173	508,114	26,151	SH		SOLE		26,151	0	0
Ufp Technologies Inc.	COM	902673102	833,053	6,416	SH		SOLE		6,416	0	0
Ugi Corp.	COM	902681105	456,990	13,147	SH		SOLE		13,147	0	0
Ulta Beauty Inc.	COM	90384S303	4,760,425	8,724	SH		SOLE		8,724	0	0
Union Pacific Corp.	COM	907818108	887,154	4,408	SH		SOLE		4,408	0	0
United Parcel Service Inc.	COM	911312106	478,379	2,466	SH		SOLE		2,466	0	0
Unitedhealth Group Inc.	COM	91324P102	655,955	1,388	SH		SOLE		1,388	0	0
Universal Corp.	COM	913456109	4,604,762	87,063	SH		SOLE		87,063	0	0
Universal Logistics Hldgs Inc	COM	91388P105	340,268	11,673	SH		SOLE		11,673	0	0
Uranium Energy Corp.	COM	916896103	43,525	15,113	SH		SOLE		15,113	0	0
VICI Properties Inc.	COM	925652109	532,097	16,312	SH		SOLE		16,312	0	0
VOC Energy Trust	COM	91829B103	640,859	77,492	SH		SOLE		77,492	0	0
Vaalco Energy Inc.	COM	91851C201	48,217	10,644	SH		SOLE		10,644	0	0
Valaris Ltd.	COM	G9460G101	798,481	12,273	SH		SOLE		12,273	0	0
Valero Energy Corp.	COM	91913Y100	9,193,079	65,853	SH		SOLE		65,853	0	0
Vanguard Dividend Appreciation	COM	921908844	260,739	1,693	SH		SOLE		1,693	0	0
Vanguard MSCI Europe	COM	922042874	957,220	15,705	SH		SOLE		15,705	0	0
Veritiv Corp	COM	923454102	422,448	3,126	SH		SOLE		3,126	0	0
Vipshop Holdings Ltd.	COM	92763W103	986,579	64,992	SH		SOLE		64,992	0	0
Vista Oil & Gas SAB ADR	COM	92837L109	2,584,614	130,602	SH		SOLE		130,602	0	0
Vistra Corp.	COM	92840M102	3,519,384	146,641	SH		SOLE		146,641	0	0
Volkswagen Ag.	COM	928662600	1,891,035	110,136	SH		SOLE		110,136	0	0
W&T Offshore Inc.	COM	92922P106	476,433	93,786	SH		SOLE		93,786	0	0
WEC Energy Group Inc.	COM	92939U106	2,404,822	25,370	SH		SOLE		25,370	0	0
WNS Holdings Ltd. (ADS)	COM	92932M101	817,846	8,778	SH		SOLE		8,778	0	0
Wal-Mart Stores Inc.	COM	931142103	231,791	1,572	SH		SOLE		1,572	0	0
Walt Disney Co.	COM	254687106	203,064	2,028	SH		SOLE		2,028	0	0
Westlake Chemical Corp.	COM	960413102	1,903,580	16,413	SH		SOLE		16,413	0	0
WillScot Mobile Mini Holdings	COM	971378104	4,264,111	90,958	SH		SOLE		90,958	0	0
Ypf S.A.	COM	984245100	530,114	48,280	SH		SOLE		48,280	0	0
Yum China Holdings, Inc.	COM	98850P109	230,549	3,637	SH		SOLE		3,637	0	0
Yum! Brands Inc.	COM	988498101	514,584	3,896	SH		SOLE		3,896	0	0
iShares iBond Dec 2029 Term Co	COM	46436E205	888,385	38,828	SH		SOLE		38,828	0	0
Schwab Cap Tr Divid Eq Selec	COM	808509657	147,652	11,110	SH		SOLE		11,110	0	0