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	5,850,630	61,709	SH		SOLE		61,709	0	0
AbbVie, Inc.	COM	00287Y109	3,951,264	29,327	SH		SOLE		29,327	0	0
Agilysys, Inc.	COM	00847J105	261,107	3,804	SH		SOLE		3,804	0	0
Alamos Gold Inc.	COM	011532108	1,465,814	122,971	SH		SOLE		122,971	0	0
Allegro MicroSystems, Inc.	COM	01749D105	5,114,452	113,302	SH		SOLE		113,302	0	0
Alliance Resource Partners, L.P.	COM	01877R108	1,619,484	87,587	SH		SOLE		87,587	0	0
Allison Transmission Holdings, Inc.	COM	01973R101	1,795,654	31,804	SH		SOLE		31,804	0	0
Amazon.com, Inc.	COM	023135106	912,520	7,000	SH		SOLE		7,000	0	0
American Express Company	COM	025816109	418,080	2,400	SH		SOLE		2,400	0	0
American Water Works Company, Inc.	COM	030420103	220,549	1,545	SH		SOLE		1,545	0	0
Amgen Inc.	COM	031162100	4,540,975	20,453	SH		SOLE		20,453	0	0
Amkor Technology, Inc.	COM	031652100	365,806	12,296	SH		SOLE		12,296	0	0
Apollo Global Management Inc.	COM	03769M106	305,473	3,977	SH		SOLE		3,977	0	0
Apple Inc.	COM	037833100	4,020,042	20,725	SH		SOLE		20,725	0	0
Applied Industrial Technologies, Inc.	COM	03820C105	360,482	2,489	SH		SOLE		2,489	0	0
Arbor Realty Trust Inc	COM	038923108	242,030	16,331	SH		SOLE		16,331	0	0
Archer-Daniels-Midland Company	COM	039483102	741,697	9,816	SH		SOLE		9,816	0	0
Arhaus, Inc. Class A	COM	04035M102	761,192	72,981	SH		SOLE		72,981	0	0
Arista Networks, Inc.	COM	040413106	4,405,763	27,186	SH		SOLE		27,186	0	0
Atkore Inc	COM	047649108	1,832,919	11,754	SH		SOLE		11,754	0	0
Automatic Data Processing, Inc.	COM	053015103	420,019	1,911	SH		SOLE		1,911	0	0
Avnet, Inc.	COM	053807103	374,995	7,433	SH		SOLE		7,433	0	0
Axcelis Technologies, Inc.	COM	054540208	3,368,505	18,374	SH		SOLE		18,374	0	0
Axon Enterprise Inc	COM	05464C101	3,440,941	17,635	SH		SOLE		17,635	0	0
BP p.l.c. Sponsored ADR	COM	055622104	3,755,597	106,421	SH		SOLE		106,421	0	0
BWX Technologies, Inc.	COM	05605H100	2,242,646	31,335	SH		SOLE		31,335	0	0
Bank of America Corp	COM	060505104	493,468	17,200	SH		SOLE		17,200	0	0
Bel Fuse Inc. Class B	COM	077347300	922,062	16,061	SH		SOLE		16,061	0	0
Berkshire Hathaway Inc. Class B	COM	084670702	295,306	866	SH		SOLE		866	0	0
1/100 Berkshire Hathaway Inc. Class A	COM	084990175	517,810	100	SH		SOLE		100	0	0
Berry Global Group Inc	COM	08579W103	389,514	6,054	SH		SOLE		6,054	0	0
BHP Group Ltd Sponsored American Depositary Receipt Repr 2 Shs	COM	088606108	2,584,666	43,316	SH		SOLE		43,316	0	0
Black Stone Minerals LP	COM	09225M101	889,276	55,754	SH		SOLE		55,754	0	0
Boise Cascade Co.	COM	09739D100	414,345	4,586	SH		SOLE		4,586	0	0
Booz Allen Hamilton Holding Corporation Class A	COM	099502106	3,167,320	28,381	SH		SOLE		28,381	0	0
Bowman Consulting Group, Ltd.	COM	103002101	369,234	11,582	SH		SOLE		11,582	0	0
Broadcom Inc.	COM	11135F101	1,229,090	1,417	SH		SOLE		1,417	0	0
Bruker Corporation	COM	116794108	3,781,599	51,158	SH		SOLE		51,158	0	0
Builders FirstSource, Inc.	COM	12008R107	6,824,616	50,181	SH		SOLE		50,181	0	0
CECO Environmental Corp.	COM	125141101	1,135,987	85,029	SH		SOLE		85,029	0	0
CRA International, Inc.	COM	12618T105	2,630,580	25,790	SH		SOLE		25,790	0	0
CPI Card Group, Inc.	COM	12634H200	221,433	9,524	SH		SOLE		9,524	0	0
CSX Corporation	COM	126408103	647,900	19,000	SH		SOLE		19,000	0	0
Coterra Energy Inc.	COM	127097103	424,281	16,770	SH		SOLE		16,770	0	0
Cal-Maine Foods, Inc.	COM	128030202	1,540,665	34,237	SH		SOLE		34,237	0	0
Calix, Inc.	COM	13100M509	1,193,847	23,920	SH		SOLE		23,920	0	0
Canadian Solar Inc.	COM	136635109	985,976	25,484	SH		SOLE		25,484	0	0
Catalyst Pharmaceuticals, Inc.	COM	14888U101	1,685,967	125,444	SH		SOLE		125,444	0	0
Caterpillar Inc.	COM	149123101	393,680	1,600	SH		SOLE		1,600	0	0
Cheniere Energy, Inc.	COM	16411R208	469,421	3,081	SH		SOLE		3,081	0	0
Chevron Corporation	COM	166764100	2,625,114	16,683	SH		SOLE		16,683	0	0
Chico's FAS, Inc.	COM	168615102	81,577	15,248	SH		SOLE		15,248	0	0
Citigroup Inc.	COM	172967424	211,784	4,600	SH		SOLE		4,600	0	0
Coca-Cola Company	COM	191216100	506,450	8,410	SH		SOLE		8,410	0	0
Coca-Cola FEMSA SAB de CV Sponsored ADR Class L	COM	191241108	4,537,063	54,460	SH		SOLE		54,460	0	0
Colgate-Palmolive Company	COM	194162103	2,916,195	37,853	SH		SOLE		37,853	0	0
Comstock Resources, Inc.	COM	205768302	175,241	15,107	SH		SOLE		15,107	0	0
Conagra Brands, Inc.	COM	205887102	5,992,988	177,728	SH		SOLE		177,728	0	0
ConocoPhillips	COM	20825C104	13,176,401	127,173	SH		SOLE		127,173	0	0
CONSOL Energy Inc	COM	20854L108	1,696,606	25,020	SH		SOLE		25,020	0	0
Cooper Companies, Inc.	COM	216648402	278,754	727	SH		SOLE		727	0	0
Copart, Inc.	COM	217204106	5,018,009	55,016	SH		SOLE		55,016	0	0
Costco Wholesale Corporation	COM	22160K105	6,679,771	12,407	SH		SOLE		12,407	0	0
Cross Country Healthcare, Inc.	COM	227483104	785,061	27,958	SH		SOLE		27,958	0	0
CubeSmart	COM	229663109	3,585,707	80,289	SH		SOLE		80,289	0	0
Darden Restaurants, Inc.	COM	237194105	5,361,430	32,089	SH		SOLE		32,089	0	0
Dick's Sporting Goods, Inc.	COM	253393102	826,981	6,256	SH		SOLE		6,256	0	0
Digi International Inc.	COM	253798102	570,682	14,488	SH		SOLE		14,488	0	0
Dillard's, Inc. Class A	COM	254067101	215,997	662	SH		SOLE		662	0	0
Walt Disney Company	COM	254687106	216,772	2,428	SH		SOLE		2,428	0	0
e.l.f. Beauty, Inc.	COM	26856L103	2,715,133	23,769	SH		SOLE		23,769	0	0
EOG Resources, Inc.	COM	26875P101	10,804,395	94,411	SH		SOLE		94,411	0	0
Encore Wire Corporation	COM	292562105	269,970	1,452	SH		SOLE		1,452	0	0
Enel Chile SA Sponsored ADR	COM	29278D105	1,113,868	334,495	SH		SOLE		334,495	0	0
Enphase Energy, Inc.	COM	29355A107	3,966,094	23,681	SH		SOLE		23,681	0	0
Essential Utilities, Inc.	COM	29670G102	3,630,932	90,978	SH		SOLE		90,978	0	0
Evolution Petroleum Corporation	COM	30049A107	386,811	47,932	SH		SOLE		47,932	0	0
Extra Space Storage Inc.	COM	30225T102	547,619	3,679	SH		SOLE		3,679	0	0
Extreme Networks, Inc.	COM	30226D106	1,091,026	41,882	SH		SOLE		41,882	0	0
Exxon Mobil Corporation	COM	30231G102	8,050,936	75,067	SH		SOLE		75,067	0	0
Meta Platforms Inc. Class A	COM	30303M102	573,960	2,000	SH		SOLE		2,000	0	0
Federal Signal Corporation	COM	313855108	497,001	7,762	SH		SOLE		7,762	0	0
Fidelity MSCI Information Technology Index ETF	COM	316092808	2,429,904	18,600	SH		SOLE		18,600	0	0
First Bancorp	COM	318672706	278,225	22,768	SH		SOLE		22,768	0	0
First Solar, Inc.	COM	336433107	5,002,789	26,318	SH		SOLE		26,318	0	0
First Trust NYSE Arca Biotechnology Index Fund	COM	33733E203	3,507,059	22,901	SH		SOLE		22,901	0	0
First Trust NASDAQ-100 Technology Sector Index Fund	COM	337345102	4,810,513	32,689	SH		SOLE		32,689	0	0
First Trust Consumer Discretionary AlphaDEX Fund	COM	33734X101	3,898,268	70,608	SH		SOLE		70,608	0	0
First Trust Consumer Staples AlphaDEX Fund	COM	33734X119	3,608,640	57,600	SH		SOLE		57,600	0	0
First Trust Health Care AlphaDEX Fund	COM	33734X143	3,601,741	33,254	SH		SOLE		33,254	0	0
First Trust Industrials/Producer Durables AlphaDEX Fund	COM	33734X150	4,230,336	70,400	SH		SOLE		70,400	0	0
Ford Motor Company	COM	345370860	353,543	23,367	SH		SOLE		23,367	0	0
Fortinet, Inc.	COM	34959E109	3,569,889	47,227	SH		SOLE		47,227	0	0
GMS, Inc.	COM	36251C103	243,238	3,515	SH		SOLE		3,515	0	0
General Dynamics Corporation	COM	369550108	2,986,497	13,881	SH		SOLE		13,881	0	0
Genmab A/S Sponsored ADR	COM	372303206	916,611	24,115	SH		SOLE		24,115	0	0
Genuine Parts Company	COM	372460105	3,376,139	19,950	SH		SOLE		19,950	0	0
Genworth Financial, Inc. Class A	COM	37247D106	114,255	22,851	SH		SOLE		22,851	0	0
Getty Realty Corp.	COM	374297109	419,977	12,418	SH		SOLE		12,418	0	0
Global Partners LP	COM	37946R109	588,971	19,166	SH		SOLE		19,166	0	0
Grupo Aeroportuario del Centro Norte SAB de CV Sponsored ADR Class B	COM	400501102	240,352	2,833	SH		SOLE		2,833	0	0
HF Sinclair Corporation	COM	403949100	2,431,825	54,513	SH		SOLE		54,513	0	0
Harmonic Inc.	COM	413160102	331,404	20,495	SH		SOLE		20,495	0	0
Harmony Biosciences Holdings, Inc.	COM	413197104	210,858	5,992	SH		SOLE		5,992	0	0
Hershey Company	COM	427866108	372,055	1,490	SH		SOLE		1,490	0	0
Home Depot, Inc.	COM	437076102	1,036,245	3,336	SH		SOLE		3,336	0	0
Honeywell International Inc.	COM	438516106	586,810	2,828	SH		SOLE		2,828	0	0
Howmet Aerospace Inc.	COM	443201108	252,954	5,104	SH		SOLE		5,104	0	0
Hubbell Incorporated	COM	443510607	4,785,737	14,434	SH		SOLE		14,434	0	0
Hudson Technologies, Inc.	COM	444144109	965,252	100,338	SH		SOLE		100,338	0	0
Huntington Ingalls Industries, Inc.	COM	446413106	4,811,464	21,140	SH		SOLE		21,140	0	0
Huron Consulting Group Inc.	COM	447462102	428,541	5,047	SH		SOLE		5,047	0	0
Ingredion Incorporated	COM	457187102	3,680,279	34,736	SH		SOLE		34,736	0	0
Insperity, Inc.	COM	45778Q107	3,480,770	29,260	SH		SOLE		29,260	0	0
Inter Parfums, Inc.	COM	458334109	3,929,513	29,058	SH		SOLE		29,058	0	0
Interactive Brokers Group, Inc. Class A	COM	45841N107	242,315	2,917	SH		SOLE		2,917	0	0
International Business Machines Corporation	COM	459200101	509,147	3,805	SH		SOLE		3,805	0	0
inTEST Corporation	COM	461147100	1,250,212	47,609	SH		SOLE		47,609	0	0
iShares 7-10 Year Treasury Bond ETF	COM	464287440	371,717	3,848	SH		SOLE		3,848	0	0
iShares 1-3 Year Treasury Bond ETF	COM	464287457	380,914	4,698	SH		SOLE		4,698	0	0
iShares U.S. Technology ETF	COM	464287721	1,147,816	10,543	SH		SOLE		10,543	0	0
iShares U.S. Industrials ETF	COM	464287754	942,484	8,888	SH		SOLE		8,888	0	0
iShares U.S. Energy ETF	COM	464287796	847,418	19,781	SH		SOLE		19,781	0	0
iShares MSCI Japan ETF	COM	46434G822	963,535	15,566	SH		SOLE		15,566	0	0
JPMorgan Chase & Co.	COM	46625H100	247,248	1,700	SH		SOLE		1,700	0	0
Johnson & Johnson	COM	478160104	281,384	1,700	SH		SOLE		1,700	0	0
KLA Corporation	COM	482480100	1,384,247	2,854	SH		SOLE		2,854	0	0
Keysight Technologies Inc	COM	49338L103	979,583	5,850	SH		SOLE		5,850	0	0
Kimberly-Clark Corporation	COM	494368103	3,646,441	26,412	SH		SOLE		26,412	0	0
Kroger Co.	COM	501044101	791,809	16,847	SH		SOLE		16,847	0	0
LPL Financial Holdings Inc.	COM	50212V100	874,503	4,022	SH		SOLE		4,022	0	0
LSI Industries Inc.	COM	50216C108	480,508	38,257	SH		SOLE		38,257	0	0
Lamar Advertising Company Class A	COM	512816109	577,238	5,816	SH		SOLE		5,816	0	0
Lamb Weston Holdings, Inc.	COM	513272104	5,511,623	47,948	SH		SOLE		47,948	0	0
Lantheus Holdings Inc	COM	516544103	1,664,301	19,832	SH		SOLE		19,832	0	0
Lattice Semiconductor Corporation	COM	518415104	4,341,019	45,186	SH		SOLE		45,186	0	0
Leidos Holdings, Inc.	COM	525327102	2,789,597	31,528	SH		SOLE		31,528	0	0
Eli Lilly and Company	COM	532457108	5,968,708	12,727	SH		SOLE		12,727	0	0
Livent Corporation	COM	53814L108	836,725	30,504	SH		SOLE		30,504	0	0
Lockheed Martin Corporation	COM	539830109	3,365,614	7,311	SH		SOLE		7,311	0	0
Lululemon Athletica Inc	COM	550021109	5,491,278	14,508	SH		SOLE		14,508	0	0
MGP Ingredients, Inc.	COM	55303J106	413,748	3,893	SH		SOLE		3,893	0	0
MSCI Inc. Class A	COM	55354G100	618,055	1,317	SH		SOLE		1,317	0	0
Marathon Oil Corporation	COM	565849106	2,480,819	107,768	SH		SOLE		107,768	0	0
Marathon Petroleum Corporation	COM	56585A102	4,133,703	35,452	SH		SOLE		35,452	0	0
Marine Petroleum Trust	COM	568423107	212,837	40,310	SH		SOLE		40,310	0	0
McDonald's Corporation	COM	580135101	1,014,594	3,400	SH		SOLE		3,400	0	0
Merck & Co., Inc.	COM	58933Y105	1,123,437	9,736	SH		SOLE		9,736	0	0
Microsoft Corporation	COM	594918104	2,121,829	6,231	SH		SOLE		6,231	0	0
Modine Manufacturing Company	COM	607828100	485,889	14,715	SH		SOLE		14,715	0	0
Monolithic Power Systems, Inc.	COM	609839105	305,230	565	SH		SOLE		565	0	0
Mueller Industries, Inc.	COM	624756102	583,292	6,683	SH		SOLE		6,683	0	0
NAPCO Security Technologies, Inc.	COM	630402105	1,257,275	36,285	SH		SOLE		36,285	0	0
Nasdaq, Inc.	COM	631103108	202,893	4,070	SH		SOLE		4,070	0	0
Nexstar Media Group, Inc.	COM	65336K103	3,849,470	23,113	SH		SOLE		23,113	0	0
Nordson Corporation	COM	655663102	360,606	1,453	SH		SOLE		1,453	0	0
North European Oil Royalty Trust	COM	659310106	331,094	25,508	SH		SOLE		25,508	0	0
NorthEast Community Bancorp Inc	COM	664121100	299,996	20,161	SH		SOLE		20,161	0	0
Northrop Grumman Corp.	COM	666807102	335,770	737	SH		SOLE		737	0	0
MINISO Group Holding Ltd. Sponsored ADR	COM	66981J102	756,310	44,515	SH		SOLE		44,515	0	0
Novanta Inc	COM	67000B104	700,501	3,805	SH		SOLE		3,805	0	0
Novo Nordisk A/S Sponsored ADR Class B	COM	670100205	8,520,673	52,652	SH		SOLE		52,652	0	0
NOW Inc.	COM	67011P100	435,503	42,037	SH		SOLE		42,037	0	0
Nucor Corporation	COM	670346105	204,975	1,250	SH		SOLE		1,250	0	0
NVIDIA Corporation	COM	67066G104	26,036,635	61,549	SH		SOLE		61,549	0	0
Old Republic International Corporation	COM	680223104	474,146	18,838	SH		SOLE		18,838	0	0
ON Semiconductor Corporation	COM	682189105	5,848,354	61,835	SH		SOLE		61,835	0	0
ONEOK, Inc.	COM	682680103	500,673	8,112	SH		SOLE		8,112	0	0
PBF Energy, Inc. Class A	COM	69318G106	2,837,551	69,310	SH		SOLE		69,310	0	0
PACCAR Inc	COM	693718108	276,882	3,310	SH		SOLE		3,310	0	0
Panasonic Holdings Corporation Sponsored ADR	COM	69832A205	785,947	64,783	SH		SOLE		64,783	0	0
Paycom Software, Inc.	COM	70432V102	433,032	1,348	SH		SOLE		1,348	0	0
PepsiCo, Inc.	COM	713448108	2,760,293	14,903	SH		SOLE		14,903	0	0
Permian Basin Royalty Trust	COM	714236106	306,165	12,281	SH		SOLE		12,281	0	0
Permian Resources Corporation Class A	COM	71424F105	115,661	10,553	SH		SOLE		10,553	0	0
Phillips 66	COM	718546104	8,837,529	92,656	SH		SOLE		92,656	0	0
Porsche Automobil Holding SE Unsponsored ADR	COM	73328P106	308,146	51,204	SH		SOLE		51,204	0	0
Precision Drilling Corporation	COM	74022D407	225,420	4,624	SH		SOLE		4,624	0	0
Preformed Line Products Company	COM	740444104	340,766	2,183	SH		SOLE		2,183	0	0
Procter & Gamble Company	COM	742718109	3,338,128	21,999	SH		SOLE		21,999	0	0
Quanta Services, Inc.	COM	74762E102	13,808,863	70,292	SH		SOLE		70,292	0	0
Quest Diagnostics Incorporated	COM	74834L100	356,882	2,539	SH		SOLE		2,539	0	0
RPC, Inc.	COM	749660106	551,379	77,116	SH		SOLE		77,116	0	0
Rambus Inc.	COM	750917106	1,041,222	16,226	SH		SOLE		16,226	0	0
Raymond James Financial, Inc.	COM	754730109	377,827	3,641	SH		SOLE		3,641	0	0
Repligen Corporation	COM	759916109	503,881	3,562	SH		SOLE		3,562	0	0
Richardson Electronics, Ltd.	COM	763165107	372,669	22,586	SH		SOLE		22,586	0	0
Riley Exploration Permian Inc	COM	76665T102	285,010	7,979	SH		SOLE		7,979	0	0
Rio Tinto plc Sponsored ADR	COM	767204100	3,712,807	58,158	SH		SOLE		58,158	0	0
Shell Plc Sponsored ADR	COM	780259305	853,773	14,140	SH		SOLE		14,140	0	0
SPDR S&P 500 ETF Trust	COM	78462F103	1,185,774	2,675	SH		SOLE		2,675	0	0
SPDR Gold Shares	COM	78463V107	1,130,054	6,339	SH		SOLE		6,339	0	0
SPX Technologies, Inc.	COM	78473E103	738,304	8,689	SH		SOLE		8,689	0	0
Sabine Royalty Trust	COM	785688102	688,677	10,444	SH		SOLE		10,444	0	0
Sanmina Corporation	COM	801056102	378,556	6,281	SH		SOLE		6,281	0	0
Materials Select Sector SPDR Fund	COM	81369Y100	847,429	10,226	SH		SOLE		10,226	0	0
Consumer Staples Select Sector SPDR Fund	COM	81369Y308	792,655	10,687	SH		SOLE		10,687	0	0
Shoals Technologies Group, Inc. Class A	COM	82489W107	1,754,311	68,635	SH		SOLE		68,635	0	0
Sitio Royalties Corp. Class A	COM	82983N108	1,058,208	40,282	SH		SOLE		40,282	0	0
Sociedad Quimica y Minera de Chile S.A. Sponsored ADR Pfd Series B	COM	833635105	6,027,242	82,997	SH		SOLE		82,997	0	0
Steel Dynamics, Inc.	COM	858119100	4,061,455	37,285	SH		SOLE		37,285	0	0
Super Micro Computer, Inc.	COM	86800U104	8,465,029	33,962	SH		SOLE		33,962	0	0
Targa Resources Corp.	COM	87612G101	2,996,514	39,376	SH		SOLE		39,376	0	0
Target Hospitality Corp.	COM	87615L107	1,458,190	108,658	SH		SOLE		108,658	0	0
Tenaris S.A. Sponsored ADR	COM	88031M109	2,055,498	68,631	SH		SOLE		68,631	0	0
Texas Instruments Incorporated	COM	882508104	246,511	1,369	SH		SOLE		1,369	0	0
Titan Machinery Inc.	COM	88830R101	894,558	30,324	SH		SOLE		30,324	0	0
Toll Brothers, Inc.	COM	889478103	5,776,380	73,054	SH		SOLE		73,054	0	0
TotalEnergies SE Sponsored ADR	COM	89151E109	3,356,147	58,226	SH		SOLE		58,226	0	0
UFP Technologies, Inc.	COM	902673102	1,224,163	6,315	SH		SOLE		6,315	0	0
Ulta Beauty Inc.	COM	90384S303	4,005,234	8,511	SH		SOLE		8,511	0	0
Union Pacific Corporation	COM	907818108	617,952	3,020	SH		SOLE		3,020	0	0
United Microelectronics Corp. Sponsored ADR	COM	910873405	83,681	10,606	SH		SOLE		10,606	0	0
United Parcel Service, Inc. Class B	COM	911312106	440,059	2,455	SH		SOLE		2,455	0	0
UnitedHealth Group Incorporated	COM	91324P102	669,496	1,393	SH		SOLE		1,393	0	0
Universal Corp	COM	913456109	4,295,739	86,018	SH		SOLE		86,018	0	0
Universal Logistics Holdings, Inc.	COM	91388P105	316,276	10,978	SH		SOLE		10,978	0	0
VOC Energy Trust	COM	91829B103	589,098	74,381	SH		SOLE		74,381	0	0
Valero Energy Corporation	COM	91913Y100	7,684,206	65,509	SH		SOLE		65,509	0	0
Vanguard Dividend Appreciation ETF	COM	921908844	275,034	1,693	SH		SOLE		1,693	0	0
Vanguard FTSE Europe ETF	COM	922042874	920,379	14,917	SH		SOLE		14,917	0	0
Vanguard S&P 500 ETF	COM	922908363	206,084	506	SH		SOLE		506	0	0
VeriSign, Inc.	COM	92343E102	4,234,904	18,741	SH		SOLE		18,741	0	0
VICI Properties Inc	COM	925652109	523,278	16,649	SH		SOLE		16,649	0	0
Vipshop Holdings Ltd Sponsored ADR	COM	92763W103	1,140,315	69,110	SH		SOLE		69,110	0	0
Vista Energy SAB de CV Sponsored ADR Class A	COM	92837L109	3,321,348	137,701	SH		SOLE		137,701	0	0
Vistra Corp.	COM	92840M102	3,815,963	145,370	SH		SOLE		145,370	0	0
Volkswagen AG Unsponsored ADR	COM	928662600	1,934,863	115,992	SH		SOLE		115,992	0	0
WNS (Holdings) Limited Sponsored ADR	COM	92932M101	653,085	8,859	SH		SOLE		8,859	0	0
WEC Energy Group Inc	COM	92939U106	2,216,059	25,114	SH		SOLE		25,114	0	0
Walmart Inc.	COM	931142103	262,805	1,672	SH		SOLE		1,672	0	0
WillScot Mobile Mini Holdings Corp. Class A	COM	971378104	4,238,304	88,686	SH		SOLE		88,686	0	0
Wingstop, Inc.	COM	974155103	396,517	1,981	SH		SOLE		1,981	0	0
YPF SA Sponsored ADR Class D	COM	984245100	752,139	50,513	SH		SOLE		50,513	0	0
Yum! Brands, Inc.	COM	988498101	542,187	3,913	SH		SOLE		3,913	0	0
Yum China Holdings, Inc.	COM	98850P109	205,949	3,645	SH		SOLE		3,645	0	0
Amdocs Limited	COM	G02602103	320,571	3,243	SH		SOLE		3,243	0	0
Arcos Dorados Holdings, Inc. Class A	COM	G0457F107	154,498	15,073	SH		SOLE		15,073	0	0
Bunge Limited	COM	G16962105	333,339	3,533	SH		SOLE		3,533	0	0
Eaton Corp. Plc	COM	G29183103	4,587,895	22,814	SH		SOLE		22,814	0	0
Nordic American Tankers Limited	COM	G65773106	567,536	154,642	SH		SOLE		154,642	0	0
TechnipFMC plc	COM	G87110105	844,230	50,796	SH		SOLE		50,796	0	0
Tecnoglass Inc.	COM	G87264100	1,507,181	29,175	SH		SOLE		29,175	0	0
Tsakos Energy Navigation Limited	COM	G9108L173	479,590	26,913	SH		SOLE		26,913	0	0
Golar LNG Limited	COM	G9456A100	355,496	17,625	SH		SOLE		17,625	0	0
Frontline Plc	COM	M46528101	2,125,797	146,304	SH		SOLE		146,304	0	0
Perion Network Ltd	COM	M78673114	969,785	31,620	SH		SOLE		31,620	0	0
Ferrari NV	COM	N3167Y103	4,631,316	14,241	SH		SOLE		14,241	0	0
Copa Holdings, S.A. Class A	COM	P31076105	1,198,687	10,840	SH		SOLE		10,840	0	0
Sinovac Biotech Ltd.	COM	P8696W104	0	14,649	SH		SOLE		14,649	0	0
Ardmore Shipping Corp.	COM	Y0207T100	1,819,204	147,304	SH		SOLE		147,304	0	0
DHT Holdings, Inc.	COM	Y2065G121	1,261,664	147,909	SH		SOLE		147,909	0	0
Dorian LPG Ltd.	COM	Y2106R110	1,403,337	54,711	SH		SOLE		54,711	0	0
GasLog Partners LP	COM	Y2687W108	651,258	75,552	SH		SOLE		75,552	0	0
International Seaways, Inc.	COM	Y41053102	457,427	11,962	SH		SOLE		11,962	0	0
Pyxis Tankers, Inc.	COM	Y71726130	322,699	85,370	SH		SOLE		85,370	0	0
Scorpio Tankers Inc.	COM	Y7542C130	822,794	17,421	SH		SOLE		17,421	0	0
Teekay Tankers Ltd. Class A	COM	Y8565N300	666,311	17,429	SH		SOLE		17,429	0	0