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
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
AAR CORP COM 000361105 25,544 759,573 SH   SOLE   581,922 0 177,651
ABBOTT LABS COM 002824100 39,128 881,071 SH   SOLE   432,928 0 448,143
ABBVIE INC COM 00287Y109 42,831 657,313 SH   SOLE   319,181 0 338,132
ACETO CORP COM 004446100 19,834 1,254,547 SH   SOLE   1,254,547 0 0
ACUSHNET HOLDINGS CORP COM 005098108 21,264 1,230,578 SH   SOLE   849,189 0 381,389
ADAMS RES & ENERGY INC COM NEW 006351308 4,916 131,623 SH   SOLE   131,623 0 0
ADTRAN INC COM 00738A106 27,086 1,305,345 SH   SOLE   1,000,193 0 305,152
ALON USA ENERGY INC COM 020520102 12,963 1,063,452 SH   SOLE   1,063,452 0 0
AMC ENTMT HLDGS INC CL A COM 00165C104 315 10,000 SH   SOLE   10,000 0 0
ANDERSONS INC COM 034164103 23,109 609,749 SH   SOLE   456,709 0 153,040
ANNALY CAP MGMT INC COM 035710409 1,471 132,400 SH Put SOLE   132,400 0 0
APPLE INC COM 037833100 23,524 163,748 SH   SOLE   77,495 0 86,253
ARMADA HOFFLER PPTYS INC COM 04208T108 4,012 288,828 SH   SOLE   288,828 0 0
AT&T INC COM 00206R102 46,914 1,129,095 SH   SOLE   541,490 0 587,605
BALDWIN & LYONS INC CL B 057755209 6,057 247,739 SH   SOLE   247,739 0 0
BANC OF CALIFORNIA INC COM 05990K106 12,494 603,593 SH   SOLE   603,593 0 0
BANCOLOMBIA S A SPON ADR PREF 05968L102 2,975 74,630 SH   SOLE   74,630 0 0
BANKFINANCIAL CORP COM 06643P104 8,972 617,882 SH   SOLE   617,882 0 0
BARRETT BILL CORP COM 06846N104 1,042 229,000 SH   SOLE   229,000 0 0
BASIC ENERGY SVCS INC NEW COM NEW 06985P209 734 22,000 SH   SOLE   22,000 0 0
BB&T CORP COM 054937107 49,515 1,107,728 SH   SOLE   542,580 0 565,148
BEMIS INC COM 081437105 34,340 702,834 SH   SOLE   359,256 0 343,578
BENEFICIAL BANCORP INC COM 08171T102 7,958 497,391 SH   SOLE   497,391 0 0
BIO TECHNE CORP COM 09073M104 721 7,089 SH   SOLE   7,089 0 0
BLOOMIN BRANDS INC COM 094235108 6,510 329,970 SH   SOLE   251,881 0 78,089
BRANDYWINE RLTY TR SH BEN INT NEW 105368203 14,630 901,411 SH   SOLE   622,339 0 279,072
BROOKLINE BANCORP INC DEL COM 11373M107 15,733 1,005,276 SH   SOLE   782,370 0 222,906
BRYN MAWR BK CORP COM 117665109 8,997 227,760 SH   SOLE   227,760 0 0
C&J ENERGY SVCS INC NEW COM 12674R100 436 12,800 SH   SOLE   12,800 0 0
CABOT MICROELECTRONICS CORP COM 12709P103 18,530 241,872 SH   SOLE   166,939 0 74,933
CALGON CARBON CORP COM 129603106 11,213 768,012 SH   SOLE   768,012 0 0
CALLON PETE CO DEL COM 13123X102 619 47,000 SH   SOLE   47,000 0 0
CAPITAL CITY BK GROUP INC COM 139674105 1,495 69,913 SH   SOLE   69,913 0 0
CARDINAL HEALTH INC COM 14149Y108 37,632 461,460 SH   SOLE   225,169 0 236,291
CARPENTER TECHNOLOGY CORP COM 144285103 33,505 898,268 SH   SOLE   643,430 0 254,838
CATCHMARK TIMBER TR INC CL A 14912Y202 17,179 1,491,195 SH   SOLE   1,491,195 0 0
CEDAR REALTY TRUST INC COM NEW 150602209 4,102 817,072 SH   SOLE   817,072 0 0
CENTERPOINT ENERGY INC COM 15189T107 26,510 961,560 SH   SOLE   489,593 0 471,967
CHEVRON CORP NEW COM 166764100 59,754 556,526 SH   SOLE   259,000 0 297,526
CHICOS FAS INC COM 168615102 1,367 96,284 SH   SOLE   96,284 0 0
CITIGROUP INC COM NEW 172967424 1,077 18,000 SH   SOLE   18,000 0 0
CLUBCORP HLDGS INC COM 18948M108 41,358 2,576,807 SH   SOLE   1,938,857 0 637,950
CNOOC LTD SPONSORED ADR 126132109 2,185 18,240 SH   SOLE   18,240 0 0
COCA COLA CO COM 191216100 39,987 942,202 SH   SOLE   463,742 0 478,460
COCA COLA EUROPEAN PARTNERS SHS G25839104 25,102 666,025 SH   SOLE   377,303 0 288,722
CODORUS VY BANCORP INC COM 192025104 2,036 78,584 SH   SOLE   78,584 0 0
COHEN & STEERS INC COM 19247A100 19,710 493,122 SH   SOLE   356,186 0 136,936
COHU INC COM 192576106 23,703 1,284,028 SH   SOLE   1,095,033 0 188,995
COLUMBIA BKG SYS INC COM 197236102 7,909 202,848 SH   SOLE   149,673 0 53,175
COLUMBIA SPORTSWEAR CO COM 198516106 26,053 443,448 SH   SOLE   320,772 0 122,676
COMMERCIAL METALS CO COM 201723103 13,580 709,905 SH   SOLE   360,425 0 349,480
COMMUNICATIONS SYS INC COM 203900105 924 210,077 SH   SOLE   210,077 0 0
COMPASS MINERALS INTL INC COM 20451N101 32,688 481,762 SH   SOLE   342,990 0 138,772
CONOCOPHILLIPS COM 20825C104 47,462 951,713 SH   SOLE   475,882 0 475,831
COOPER TIRE & RUBR CO COM 216831107 1,063 23,964 SH   SOLE   23,964 0 0
CORPORATE OFFICE PPTYS TR SH BEN INT 22002T108 1,159 35,000 SH   SOLE   35,000 0 0
COUSINS PPTYS INC COM 222795106 1,308 158,181 SH   SOLE   158,181 0 0
COVANTA HLDG CORP COM 22282E102 26,177 1,667,321 SH   SOLE   1,176,693 0 490,628
CREDICORP LTD COM G2519Y108 1,022 6,260 SH   SOLE   6,260 0 0
CREDIT SUISSE GROUP SPONSORED ADR 225401108 371 25,000 SH   SOLE   25,000 0 0
CULLEN FROST BANKERS INC COM 229899109 26,242 294,957 SH   SOLE   154,650 0 140,307
CVS HEALTH CORP COM 126650100 37,330 475,546 SH   SOLE   230,512 0 245,034
CYPRESS SEMICONDUCTOR CORP COM 232806109 29,931 2,175,189 SH   SOLE   1,181,488 0 993,701
DELEK US HLDGS INC COM 246647101 37,756 1,555,648 SH   SOLE   1,154,240 0 401,408
DIEBOLD NXDF INC COM 253651103 82,949 2,701,929 SH   SOLE   1,910,246 0 791,683
DONEGAL GROUP INC CL A 257701201 4,656 264,267 SH   SOLE   264,267 0 0
DUNKIN BRANDS GROUP INC COM 265504100 22,786 416,715 SH   SOLE   216,400 0 200,315
EAGLE BANCORP MONT INC COM 26942G100 3,606 181,219 SH   SOLE   181,219 0 0
EASTMAN CHEM CO COM 277432100 54,936 679,905 SH   SOLE   344,223 0 335,682
EATON CORP PLC SHS G29183103 32,092 432,796 SH   SOLE   232,560 0 200,236
ECOPETROL S A SPONSORED ADS 279158109 1,669 179,130 SH   SOLE   179,130 0 0
EMERGE ENERGY SVCS LP COM REP PARTN 29102H108 144 10,400 SH   SOLE   10,400 0 0
EMERSON ELEC CO COM 291011104 51,516 860,610 SH   SOLE   396,459 0 464,151
ENTERPRISE FINL SVCS CORP COM 293712105 5,147 121,389 SH   SOLE   121,389 0 0
ENTRAVISION COMMUNICATIONS C CL A 29382R107 7,938 1,280,390 SH   SOLE   1,280,390 0 0
EVEREST RE GROUP LTD COM G3223R108 21,623 92,482 SH   SOLE   53,233 0 39,249
EXXON MOBIL CORP COM 30231G102 59,655 727,409 SH   SOLE   327,965 0 399,444
FAIRMOUNT SANTROL HLDGS INC COM 30555Q108 766 104,500 SH   SOLE   104,500 0 0
FERROGLOBE PLC SHS G33856108 3,547 343,403 SH   SOLE   236,644 0 106,759
FIFTH THIRD BANCORP COM 316773100 36,383 1,432,384 SH   SOLE   697,899 0 734,485
FINISH LINE INC CL A 317923100 894 62,815 SH   SOLE   62,815 0 0
FIRST BANCORP INC ME COM 31866P102 1,499 54,998 SH   SOLE   54,998 0 0
FIRST HORIZON NATL CORP COM 320517105 32,555 1,759,706 SH   SOLE   1,234,505 0 525,201
FIRST MERCHANTS CORP COM 320817109 20,086 510,835 SH   SOLE   359,059 0 151,776
FIRST MIDWEST BANCORP DEL COM 320867104 18,368 775,672 SH   SOLE   535,759 0 239,913
FLIR SYS INC COM 302445101 35,253 971,700 SH   SOLE   691,119 0 280,581
FLOTEK INDS INC DEL COM 343389102 640 50,000 SH   SOLE   50,000 0 0
FLOWERS FOODS INC COM 343498101 15,025 774,077 SH   SOLE   534,586 0 239,491
FNB CORP PA COM 302520101 60,091 4,041,099 SH   SOLE   2,886,201 0 1,154,898
FORD MTR CO DEL COM PAR $0.01 345370860 32,695 2,808,855 SH   SOLE   1,303,805 0 1,505,050
FORWARD AIR CORP COM 349853101 17,947 377,273 SH   SOLE   265,772 0 111,501
GALLAGHER ARTHUR J & CO COM 363576109 26,320 465,507 SH   SOLE   238,586 0 226,921
GASTAR EXPL INC NEW COM 36729W202 1,426 925,984 SH   SOLE   925,984 0 0
GENERAL CABLE CORP DEL NEW COM 369300108 1,044 58,154 SH   SOLE   58,154 0 0
GENERAL MTRS CO COM 37045V100 25,522 721,766 SH   SOLE   360,096 0 361,670
GOLAR LNG LTD BERMUDA SHS G9456A100 517 18,500 SH   SOLE   18,500 0 0
GOLDMAN SACHS GROUP INC COM 38141G104 620 2,700 SH   SOLE   2,700 0 0
GRAHAM CORP COM 384556106 6,372 277,053 SH   SOLE   277,053 0 0
GRANITE CONSTR INC COM 387328107 15,754 313,892 SH   SOLE   227,809 0 86,083
GREENHILL & CO INC COM 395259104 1,302 44,420 SH   SOLE   44,420 0 0
H & E EQUIPMENT SERVICES INC COM 404030108 1,379 56,224 SH   SOLE   56,224 0 0
HANCOCK HLDG CO COM 410120109 8,541 187,510 SH   SOLE   142,938 0 44,572
HANOVER INS GROUP INC COM 410867105 23,087 256,356 SH   SOLE   179,951 0 76,405
HARTFORD FINL SVCS GROUP INC COM 416515104 36,419 757,617 SH   SOLE   372,199 0 385,418
HAWKINS INC COM 420261109 3,124 63,749 SH   SOLE   63,749 0 0
HAYNES INTERNATIONAL INC COM NEW 420877201 16,680 437,576 SH   SOLE   336,470 0 101,106
HEALTHSOUTH CORP COM NEW 421924309 16,129 376,762 SH   SOLE   263,690 0 113,072
HELMERICH & PAYNE INC COM 423452101 32,340 485,807 SH   SOLE   249,366 0 236,441
HI-CRUSH PARTNERS LP COM UNIT LTD 428337109 191 11,000 SH   SOLE   11,000 0 0
HNI CORP COM 404251100 774 16,792 SH   SOLE   16,792 0 0
HONEYWELL INTL INC COM 438516106 39,801 318,738 SH   SOLE   159,373 0 159,365
HOPFED BANCORP INC COM 439734104 7,299 509,868 SH   SOLE   509,868 0 0
HORIZON BANCORP IND COM 440407104 1,846 70,412 SH   SOLE   70,412 0 0
HOST HOTELS & RESORTS INC COM 44107P104 33,905 1,817,008 SH   SOLE   945,009 0 871,999
HSN INC COM 404303109 28,721 774,154 SH   SOLE   543,274 0 230,880
HUNTSMAN CORP COM 447011107 31,159 1,269,704 SH   SOLE   634,805 0 634,899
HURCO COMPANIES INC COM 447324104 7,954 255,766 SH   SOLE   255,766 0 0
IBERIABANK CORP COM 450828108 44,694 565,032 SH   SOLE   402,484 0 162,548
ICICI BK LTD ADR 45104G104 4,204 488,890 SH   SOLE   403,390 0 85,500
INDEPENDENCE CONTRACT DRIL I COM 453415309 356 64,600 SH   SOLE   64,600 0 0
INDEPENDENT BANK CORP MICH COM NEW 453838609 6,909 333,770 SH   SOLE   333,770 0 0
INTEL CORP COM 458140100 42,612 1,181,375 SH   SOLE   590,223 0 591,152
INTERFACE INC COM 458665304 32,540 1,708,142 SH   SOLE   1,230,436 0 477,706
INTERNATIONAL BUSINESS MACHS COM 459200101 38,769 222,630 SH   SOLE   103,386 0 119,244
INTL PAPER CO COM 460146103 30,824 607,008 SH   SOLE   303,140 0 303,868
ITAU UNIBANCO HLDG SA SPON ADR REP PFD 465562106 1,032 85,530 SH   SOLE   85,530 0 0
ITT INC COM 45073V108 48,992 1,194,346 SH   SOLE   836,727 0 357,619
JABIL CIRCUIT INC COM 466313103 1,103 38,155 SH   SOLE   38,155 0 0
JOHNSON & JOHNSON COM 478160104 27,852 223,620 SH   SOLE   111,310 0 112,310
JOHNSON CTLS INTL PLC SHS G51502105 33,158 787,219 SH   SOLE   424,201 0 363,018
JPMORGAN CHASE & CO COM 46625H100 51,332 584,384 SH   SOLE   285,958 0 298,426
KANSAS CITY SOUTHERN COM NEW 485170302 2,532 29,520 SH   SOLE   29,520 0 0
KBR INC COM 48242W106 57,414 3,819,948 SH   SOLE   2,724,003 0 1,095,945
KFORCE INC COM 493732101 13,265 558,525 SH   SOLE   558,525 0 0
KIMBALL INTL INC CL B 494274103 4,945 299,679 SH   SOLE   299,679 0 0
KLA-TENCOR CORP COM 482480100 19,168 201,623 SH   SOLE   100,724 0 100,899
KORN FERRY INTL COM NEW 500643200 42,710 1,356,298 SH   SOLE   951,248 0 405,050
LIBBEY INC COM 529898108 4,132 283,435 SH   SOLE   283,435 0 0
LSI INDS INC COM 50216C108 8,032 796,028 SH   SOLE   796,028 0 0
LUXFER HLDGS PLC SPONSORED ADR 550678106 17,056 1,402,622 SH   SOLE   1,402,622 0 0
M & T BK CORP COM 55261F104 19,364 125,146 SH   SOLE   62,529 0 62,617
MARATHON OIL CORP COM 565849106 1,398 88,510 SH   SOLE   88,510 0 0
MBIA INC COM 55262C100 216 25,500 SH   SOLE   25,500 0 0
MCGRATH RENTCORP COM 580589109 36,044 1,073,688 SH   SOLE   828,206 0 245,482
MERCK & CO INC COM 58933Y105 52,900 832,553 SH   SOLE   406,579 0 425,974
METLIFE INC COM 59156R108 27,080 512,680 SH   SOLE   249,401 0 263,279
MIDSOUTH BANCORP INC COM 598039105 9,583 626,364 SH   SOLE   626,364 0 0
MILLER HERMAN INC COM 600544100 36,396 1,153,593 SH   SOLE   826,637 0 326,956
MOBILE MINI INC COM 60740F105 18,801 616,410 SH   SOLE   425,527 0 190,883
MOELIS & CO CL A 60786M105 39,733 1,032,013 SH   SOLE   718,561 0 313,452
MORGAN STANLEY COM NEW 617446448 23,779 555,068 SH   SOLE   277,488 0 277,580
MOSAIC CO NEW COM 61945C103 22,575 773,634 SH   SOLE   387,571 0 386,063
MTS SYS CORP COM 553777103 9,222 167,528 SH   SOLE   167,528 0 0
MURPHY OIL CORP COM 626717102 50,203 1,755,969 SH   SOLE   913,340 0 842,629
NABORS INDUSTRIES LTD SHS G6359F103 35,002 2,678,072 SH   SOLE   1,880,742 0 797,330
NATIONAL FUEL GAS CO N J COM 636180101 29,074 487,656 SH   SOLE   251,872 0 235,784
NATIONAL STORAGE AFFILIATES COM SHS BEN IN 637870106 5,406 226,206 SH   SOLE   226,206 0 0
NEVSUN RES LTD COM 64156L101 436 170,000 SH   SOLE   170,000 0 0
NEW YORK CMNTY BANCORP INC COM 649445103 28,400 2,032,951 SH   SOLE   1,050,388 0 982,563
NEXTERA ENERGY INC COM 65339F101 41,295 321,688 SH   SOLE   157,423 0 164,265
NORFOLK SOUTHERN CORP COM 655844108 26,042 232,578 SH   SOLE   113,540 0 119,038
NORTHWEST BANCSHARES INC MD COM 667340103 9,540 566,500 SH   SOLE   390,920 0 175,580
OCCIDENTAL PETE CORP DEL COM 674599105 55,925 882,647 SH   SOLE   441,261 0 441,386
OCEANEERING INTL INC COM 675232102 19,858 733,316 SH   SOLE   523,827 0 209,489
OLD NATL BANCORP IND COM 680033107 34,268 1,975,128 SH   SOLE   1,419,716 0 555,412
OLIN CORP COM PAR $1 680665205 26,492 805,968 SH   SOLE   418,932 0 387,036
OM ASSET MGMT PLC SHS G67506108 31,804 2,103,457 SH   SOLE   1,482,523 0 620,934
ONEBEACON INSURANCE GROUP LT CL A G67742109 18,177 1,136,063 SH   SOLE   784,349 0 351,714
ORBITAL ATK INC COM 68557N103 1,697 17,320 SH   SOLE   17,320 0 0
ORRSTOWN FINL SVCS INC COM 687380105 6,347 283,963 SH   SOLE   283,963 0 0
OUTFRONT MEDIA INC COM 69007J106 51,501 1,939,767 SH   SOLE   1,096,763 0 843,004
OXFORD INDS INC COM 691497309 13,742 240,000 SH   SOLE   193,476 0 46,524
PACIFIC CONTINENTAL CORP COM 69412V108 7,083 289,095 SH   SOLE   289,095 0 0
PARK STERLING CORP COM 70086Y105 14,186 1,152,423 SH   SOLE   1,152,423 0 0
PARSLEY ENERGY INC CL A 701877102 455 14,000 SH   SOLE   14,000 0 0
PBF ENERGY INC CL A 69318G106 24,221 1,092,506 SH   SOLE   754,112 0 338,394
PENTAIR PLC SHS G7S00T104 42,517 677,231 SH   SOLE   390,151 0 287,080
PEOPLES BANCORP INC COM 709789101 7,482 236,321 SH   SOLE   236,321 0 0
PHH CORP COM NEW 693320202 191 15,000 SH   SOLE   15,000 0 0
PHILIP MORRIS INTL INC COM 718172109 23,737 210,246 SH   SOLE   102,816 0 107,430
PINNACLE WEST CAP CORP COM 723484101 23,746 284,788 SH   SOLE   144,237 0 140,551
PNC FINL SVCS GROUP INC COM 693475105 28,653 238,295 SH   SOLE   119,072 0 119,223
POLYONE CORP COM 73179P106 34,054 998,932 SH   SOLE   699,303 0 299,629
POTLATCH CORP NEW COM 737630103 33,315 729,002 SH   SOLE   521,968 0 207,034
PRAXAIR INC COM 74005P104 39,146 330,066 SH   SOLE   163,033 0 167,033
PRECISION DRILLING CORP COM 2010 74022D308 330 70,000 SH   SOLE   70,000 0 0
PRIMORIS SVCS CORP COM 74164F103 24,949 1,074,455 SH   SOLE   795,862 0 278,593
PROSPERITY BANCSHARES INC COM 743606105 21,646 310,517 SH   SOLE   224,369 0 86,148
PRUDENTIAL FINL INC COM 744320102 45,401 425,583 SH   SOLE   208,141 0 217,442
PZENA INVESTMENT MGMT INC CLASS A 74731Q103 6,403 650,667 SH   SOLE   650,667 0 0
QUALCOMM INC COM 747525103 23,014 401,357 SH   SOLE   191,359 0 209,998
RAYONIER INC COM 754907103 23,620 833,464 SH   SOLE   575,417 0 258,047
REGAL BELOIT CORP COM 758750103 1,755 23,195 SH   SOLE   23,195 0 0
RESOLUTE ENERGY CORP COM NEW 76116A306 364 9,000 SH   SOLE   9,000 0 0
RESOURCES CONNECTION INC COM 76122Q105 5,881 351,133 SH   SOLE   351,133 0 0
RING ENERGY INC COM 76680V108 1,898 175,418 SH   SOLE   175,418 0 0
RIVERVIEW BANCORP INC COM 769397100 7,741 1,082,621 SH   SOLE   1,082,621 0 0
ROCKWELL AUTOMATION INC COM 773903109 23,905 153,525 SH   SOLE   68,497 0 85,028
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 23,632 448,163 SH   SOLE   252,132 0 196,031
RYDER SYS INC COM 783549108 42,744 566,597 SH   SOLE   286,413 0 280,184
SCHLUMBERGER LTD COM 806857108 51,841 663,772 SH   SOLE   357,029 0 306,743
SCHULMAN A INC COM 808194104 30,315 963,914 SH   SOLE   738,627 0 225,287
SI FINL GROUP INC MD COM 78425V104 3,822 272,039 SH   SOLE   272,039 0 0
SILGAN HOLDINGS INC COM 827048109 34,442 580,215 SH   SOLE   413,074 0 167,141
SMUCKER J M CO COM NEW 832696405 29,075 221,811 SH   SOLE   115,421 0 106,390
SNYDERS-LANCE INC COM 833551104 4,350 107,915 SH   SOLE   82,665 0 25,250
SOUTHWEST BANCORP INC OKLA COM 844767103 7,914 302,655 SH   SOLE   302,655 0 0
STATE AUTO FINL CORP COM 855707105 7,429 270,623 SH   SOLE   192,535 0 78,088
STONECASTLE FINL CORP COM 861780104 3,391 168,199 SH   SOLE   168,199 0 0
SUN HYDRAULICS CORP COM 866942105 7,494 207,546 SH   SOLE   207,546 0 0
SUNTRUST BKS INC COM 867914103 24,209 437,769 SH   SOLE   219,234 0 218,535
SYNALLOY CP DEL COM 871565107 5,907 482,186 SH   SOLE   482,186 0 0
SYNGENTA AG SPONSORED ADR 87160A100 16,036 181,198 SH   SOLE   94,770 0 86,428
TAIWAN SEMICONDUCTOR MFG LTD SPONSORED ADR 874039100 3,286 100,062 SH   SOLE   100,062 0 0
TCF FINL CORP COM 872275102 22,277 1,308,843 SH   SOLE   917,149 0 391,694
TELEFONICA BRASIL SA SPONSORED ADR 87936r106 1,322 89,020 SH   SOLE   89,020 0 0
TENARIS S A SPONSORED ADR 88031M109 4,895 143,380 SH   SOLE   143,380 0 0
TEREX CORP NEW COM 880779103 27,012 860,268 SH   SOLE   603,278 0 256,990
TERNIUM SA SPON ADR 880890108 1,294 49,530 SH   SOLE   49,530 0 0
TESSCO TECHNOLOGIES INC COM 872386107 9,492 604,608 SH   SOLE   604,608 0 0
TETRA TECHNOLOGIES INC DEL COM 88162F105 183 45,000 SH   SOLE   45,000 0 0
TEVA PHARMACEUTICAL INDS LTD SPONSORED ADR 881624209 21,134 658,595 SH   SOLE   376,004 0 282,591
TEXAS PAC LD TR SUB CTF PROP I T 882610108 1,350 4,827 SH   SOLE   4,827 0 0
TIMKEN CO COM 887389104 30,958 684,909 SH   SOLE   355,899 0 329,010
TRAVELCENTERS AMER LLC COM 894174101 332 54,500 SH   SOLE   54,500 0 0
TRAVELERS COMPANIES INC COM 89417E109 42,282 350,774 SH   SOLE   173,601 0 177,173
TRICO BANCSHARES COM 896095106 10,511 295,838 SH   SOLE   295,838 0 0
U S CONCRETE INC COM NEW 90333L201 355 5,500 SH   SOLE   5,500 0 0
U S SILICA HLDGS INC COM 90346E103 720 15,000 SH   SOLE   15,000 0 0
UMB FINL CORP COM 902788108 27,221 361,455 SH   SOLE   257,113 0 104,342
UNION PAC CORP COM 907818108 31,615 298,480 SH   SOLE   148,538 0 149,942
UNITED CMNTY FINL CORP OHIO COM 909839102 7,376 884,380 SH   SOLE   884,380 0 0
UNITED FINL BANCORP INC NEW COM 910304104 11,463 673,898 SH   SOLE   673,898 0 0
UNITED PARCEL SERVICE INC CL B 911312106 49,060 457,222 SH   SOLE   223,795 0 233,427
UNITED STATES OIL FUND LP UNITS 91232N108 1,916 180,100 SH Call SOLE   180,100 0 0
UNITED TECHNOLOGIES CORP COM 913017109 27,018 240,777 SH   SOLE   137,546 0 103,231
UNIVERSAL LOGISTICS HLDGS IN COM 91388P105 1,277 88,955 SH   SOLE   88,955 0 0
UNIVEST CORP PA COM 915271100 3,916 151,195 SH   SOLE   151,195 0 0
US BANCORP DEL COM NEW 902973304 24,397 473,724 SH   SOLE   236,030 0 237,694
V F CORP COM 918204108 27,385 498,186 SH   SOLE   249,304 0 248,882
VEON LTD SPONSORED ADR 91822M106 2,545 623,675 SH   SOLE   446,675 0 177,000
WAL-MART STORES INC COM 931142103 41,018 569,068 SH   SOLE   279,688 0 289,380
WELLS FARGO & CO NEW COM 949746101 43,852 787,858 SH   SOLE   394,723 0 393,135
WESBANCO INC COM 950810101 26,817 703,661 SH   SOLE   500,644 0 203,017
WESTAMERICA BANCORPORATION COM 957090103 8,085 144,818 SH   SOLE   99,986 0 44,832
WESTERN DIGITAL CORP COM 958102105 33,890 410,636 SH   SOLE   208,550 0 202,086
WESTERN NEW ENG BANCORP INC COM 958892101 2,495 237,644 SH   SOLE   237,644 0 0
WESTERN REFNG INC COM 959319104 743 21,200 SH   SOLE   21,200 0 0
WESTROCK CO COM 96145D105 26,390 507,198 SH   SOLE   242,496 0 264,702
WESTWOOD HLDGS GROUP INC COM 961765104 5,599 104,835 SH   SOLE   104,835 0 0
WEYCO GROUP INC COM 962149100 3,430 122,138 SH   SOLE   122,138 0 0
WHITING PETE CORP NEW COM 966387102 473 50,000 SH   SOLE   50,000 0 0
WOLVERINE WORLD WIDE INC COM 978097103 23,695 948,943 SH   SOLE   681,411 0 267,532
XPERI CORP COM 98421B100 53,932 1,588,557 SH   SOLE   1,130,340 0 458,217
YRC WORLDWIDE INC COM PAR $.01 984249607 143 13,000 SH   SOLE   13,000 0 0