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
AARON'S INC COM 002535300 66,521 2,236,759 SH   SOLE   0 1,016,220 1,220,539
AGCO CORPORATION COM 001084102 28,483 473,291 SH   SOLE   0 223,680 249,611
AKORN INC COM 009728106 18,678 775,680 SH   SOLE   0 395,560 380,120
ALCOA CORP NEW COM 013872106 174,624 5,076,278 SH   SOLE   0 1,098,519 3,977,759
ALLERGAN PLC COM G0177J108 2,485 10,400 SH   SOLE   0 0 10,400
ALLY FINANCIAL INC COM 02005N100 220,087 10,825,750 SH   SOLE   0 882,900 9,942,850
ALPHABET INC. CL C COM 02079K107 240,136 289,474 SH   SOLE   0 51,154 238,320
ALPHABET INC. CL A COM 02079K305 234,819 276,974 SH   SOLE   0 51,080 225,894
AMC NETWORKS INC COM 00164V103 1,863 31,750 SH   SOLE   0 0 31,750
AMERICAN EXPRESS COMPANY COM 025816109 264,613 3,344,880 SH   SOLE   0 636,490 2,708,390
AMERICAN INTL GROUP INC COM 026874784 651,920 10,442,410 SH   SOLE   0 2,348,150 8,094,260
AMERISOURCEBERGEN CORP COM 03073E105 13,672 154,490 SH   SOLE   0 73,090 81,400
ANALOG DEVICES INC COM 032654105 330,269 4,030,130 SH   SOLE   0 760,920 3,269,210
ANTHEM INC COM 036752103 2,415 14,600 SH   SOLE   0 0 14,600
AON PLC COM G0408V102 614,047 5,173,540 SH   SOLE   0 1,054,230 4,119,310
APPLE INC COM 037833100 2,241 15,600 SH   SOLE   0 0 15,600
ARCONIC INC COM 03965L100 530,996 20,159,291 SH   SOLE   0 4,519,512 15,639,779
ARRIS GROUP INC COM G0551A103 87,510 3,308,504 SH   SOLE   0 1,545,230 1,763,274
ARROW ELECTRONICS INC. COM 042735100 38,417 523,323 SH   SOLE   0 244,240 279,083
AVNET INC COM 053807103 79,363 1,734,330 SH   SOLE   0 802,930 931,400
AXALTA COATING SYSTEMS LTD COM G0750C108 2,070 64,300 SH   SOLE   0 0 64,300
BABCOCK & WILCOX ENTERPRISES I COM 05614L100 45,371 4,857,739 SH   SOLE   0 2,255,170 2,602,569
BANK OF AMERICA CORP COM 060505104 592,393 25,112,040 SH   SOLE   0 5,742,680 19,369,360
BANK OF AMERICA CORP COM 060505104 887 37,600 SH Call SOLE   0 37,600 0
CARDINAL HEALTH INC. COM 14149Y108 7,380 90,500 SH   SOLE   0 0 90,500
CBS CORP COM 124857202 6,758 97,440 SH   SOLE   0 0 97,440
CIMAREX ENERGY CO COM 171798101 44,862 375,444 SH   SOLE   0 178,940 196,504
CISCO SYSTEMS INC COM 17275R102 444,245 13,143,350 SH   SOLE   0 2,477,850 10,665,500
CIT GROUP INC. COM 125581801 573,349 13,355,434 SH   SOLE   0 2,305,524 11,049,910
CITIGROUP INC COM 172967424 658,510 11,008,185 SH   SOLE   0 2,427,095 8,581,090
CITIGROUP INC COM 172967424 60 1,000 SH Call SOLE   0 1,000 0
CITIGROUP INC COM 172967424 60 1,000 SH Call SOLE   0 1,000 0
COMERICA INC COM 200340107 12,302 179,380 SH   SOLE   0 179,380 0
CUBIC CORP COM 229669106 28,332 536,585 SH   SOLE   0 250,285 286,300
CVS HEALTH CORPORATION COM 126650100 12,841 163,580 SH   SOLE   0 57,540 106,040
DANA INC COM 235825205 42,087 2,179,564 SH   SOLE   0 994,410 1,185,154
DELTA AIR LINES INC COM 247361702 2,413 52,500 SH   SOLE   0 0 52,500
DEVRY EDUCATION GROUP INC. COM 251893103 37,318 1,052,702 SH   SOLE   0 492,110 560,592
DISCOVERY COMMUNICATIONS INC COM 25470F302 1,260 44,500 SH   SOLE   0 0 44,500
DISNEY WALT CO /THE COM 254687106 2,581 22,763 SH   SOLE   0 0 22,763
DOLLAR GENERAL CORP COM 256677105 2,390 34,280 SH   SOLE   0 0 34,280
ESTERLINE TECHNOLOGIES CORP COM 297425100 294,061 3,417,331 SH   SOLE   0 553,460 2,863,871
EXPRESS SCRIPTS HOLDING CO COM 30219G108 2,221 33,700 SH   SOLE   0 0 33,700
FOOT LOCKER INC COM 344849104 9,527 127,350 SH   SOLE   0 58,480 68,870
FOREST CITY RLTY TR INC COM 345605109 26,909 1,235,480 SH   SOLE   0 1,235,480 0
GENERAL ELECTRIC COMPANY COM 369604103 240,484 8,069,920 SH   SOLE   0 1,537,240 6,532,680
HCA HOLDINGS INC COM 40412C101 1,468 16,500 SH   SOLE   0 0 16,500
HD SUPPLY HLDGS INC COM 40416M105 1,254 30,500 SH   SOLE   0 0 30,500
HELMERICH & PAYNE INC COM 423452101 26,932 404,569 SH   SOLE   0 193,791 210,778
HIBBETT SPORTS INC COM 428567101 19,563 663,137 SH   SOLE   0 310,139 352,998
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 43,212 4,257,337 SH   SOLE   0 1,885,360 2,371,977
INTERDIGITAL INC COM 45867G101 38,170 442,289 SH   SOLE   0 200,754 241,535
JONES LANG LASALLE INC COM 48020Q107 1,293 11,600 SH   SOLE   0 0 11,600
JOY GLOBAL INC COM 481165108 4,687 165,900 SH   SOLE   0 0 165,900
KLX INC COM 482539103 260 5,810 SH   SOLE   0 5,810 0
LABORATORY CORP AMER HLDGS COM 50540R409 2,376 16,560 SH   SOLE   0 0 16,560
LEGG MASON INC COM 524901105 145,240 4,022,150 SH   SOLE   0 352,831 3,669,319
LEUCADIA NATIONAL CORP COM 527288104 527,208 20,277,227 SH   SOLE   0 4,180,307 16,096,920
LPL FINL HLDGS INC COM 50212V100 182,129 4,572,670 SH   SOLE   0 406,700 4,165,970
MADISON SQUARE GARDEN CO COM 55825T103 5,332 26,700 SH   SOLE   0 0 26,700
MCKESSON CORP COM 58155Q103 7,161 48,300 SH   SOLE   0 0 48,300
MEDICAL PPTYS TRUST INC COM 58463J304 1,933 150,000 SH   SOLE   0 0 150,000
MEDNAX INC COM 58502B106 2,537 36,570 SH   SOLE   0 0 36,570
MICROSOFT CORP COM 594918104 516,612 7,844,100 SH   SOLE   0 1,708,860 6,135,240
MYLAN NV COM N59465109 208,581 5,349,600 SH   SOLE   0 1,026,120 4,323,480
NEXEO SOLUTIONS INC COM 65342H102 219,763 24,803,969 SH   SOLE   0 3,244,958 21,559,011
NOBLE ENERGY INC COM 655044105 57,481 1,673,881 SH   SOLE   0 762,131 911,750
OCCIDENTAL PETROLEUM CORP COM 674599105 49,205 776,600 SH   SOLE   0 141,180 635,420
ORACLE CORPORATION COM 68389X105 955,022 21,408,250 SH   SOLE   0 4,766,380 16,641,870
OSHKOSH CORP COM 688239201 16,610 242,160 SH   SOLE   0 115,160 127,000
OWENS ILLINOIS INC COM 690768403 199,127 9,770,700 SH   SOLE   0 857,800 8,912,900
PAR PACIFIC HOLDINGS INC. COM 69888T207 1,618 98,111 SH   SOLE   0 98,111 0
PATTERSON-UTI ENERGY INC COM 703481101 39,978 1,647,213 SH   SOLE   0 752,795 894,418
PATTERSON COMPANIES INC COM 703395103 1,178 26,050 SH   SOLE   0 0 26,050
PRICELINE GRP INC COM 741503403 1,780 1,000 SH   SOLE   0 0 1,000
QUALCOMM INC COM 747525103 156,116 2,722,640 SH   SOLE   0 517,920 2,204,720
REALOGY HLDGS CORP COM 75605Y106 2,026 68,000 SH   SOLE   0 0 68,000
REGIS CORP COM 758932107 8,465 722,281 SH   SOLE   0 722,281 0
ROWAN COMPANIES PLC COM G7665A101 30,507 1,958,070 SH   SOLE   0 883,250 1,074,820
RUSH ENTERPRISES INC CL A COM 781846209 12,558 379,613 SH   SOLE   0 379,613 0
SIGNET JEWELERS LIMITED COM G81276100 4,270 61,640 SH   SOLE   0 33,620 28,020
SM ENERGY COMPANY COM 78454L100 21,984 915,253 SH   SOLE   0 406,810 508,443
SOUTHWEST AIRLINES CO COM 844741108 2,250 41,850 SH   SOLE   0 0 41,850
SPX CORP COM 784635104 652 26,880 SH   SOLE   0 26,880 0
TE CONNECTIVITY LTD COM H84989104 423,732 5,683,860 SH   SOLE   0 1,085,120 4,598,740
TEMPUR SEALY INTERNATIONAL COM 88023U101 5,450 117,300 SH   SOLE   0 0 117,300
THERMO FISHER SCIENTIFIC INC COM 883556102 221,348 1,441,070 SH   SOLE   0 274,140 1,166,930
TIME WARNER INC COM 887317303 5,589 57,200 SH   SOLE   0 0 57,200
TRIPADVISOR INC COM 896945201 1,429 33,100 SH   SOLE   0 0 33,100
TWENTY FIRST CENTY FOX INC CL COM 90130A101 6,575 203,000 SH   SOLE   0 0 203,000
TWENTY FIRST CENTY FOX INC CL COM 90130A200 4,767 150,000 SH   SOLE   0 0 150,000
UNITED TECHNOLOGIES CORP COM 913017109 676,509 6,028,955 SH   SOLE   0 1,188,915 4,840,040
VEECO INSTRUMENTS INC COM 922417100 45,632 1,528,720 SH   SOLE   0 718,440 810,280
VISTA OUTDOOR INC COM 928377100 18,816 913,830 SH   SOLE   0 424,010 489,820
WALTER INVESTMENT MGMT COM 93317W102 302 279,750 SH   SOLE   0 279,750 0
WESTERN DIGITAL CORP. COM 958102105 118,247 1,432,770 SH   SOLE   0 640,670 792,100
WHIRLPOOL CORP. COM 963320106 5,740 33,500 SH   SOLE   0 0 33,500
WILLIS TOWERS WATSON COM G96629103 2,186 16,700 SH   SOLE   0 0 16,700
YAHOO INC COM 984332106 339,491 7,315,040 SH   SOLE   0 2,467,770 4,847,270
FEDERAL HOME LN MTG CORP PFD PFD 313400863 59 6,023 SH   SOLE   0 6,023 0
FEDERAL HOME LN MTG CORP PFD 5 PFD 313400731 97 9,580 SH   SOLE   0 9,580 0
FEDERAL HOME LN MTG CORP PFD6. PFD 313400640 140 26,000 SH   SOLE   0 26,000 0
FEDERAL HOME LN MTG CORP V 5.5 PFD 313400673 161 31,047 SH   SOLE   0 31,047 0
FEDERAL HOME LN MTG CORP W 5.6 PFD 313400665 229 44,052 SH   SOLE   0 44,052 0
FEDERAL HOME LN MTG H 5.10 PFD 313400855 142 13,725 SH   SOLE   0 13,725 0
58 COM INC ADR 31680Q104 26,955 761,654 SH   SOLE   0 761,654 0
BAIDU INC SPON ADR REP A ADR 056752108 299,990 1,738,870 SH   SOLE   0 382,120 1,356,750
FLUIDIGM CORP CV 34385PAA6 10,075 15,000,000 PRN   SOLE   0 15,000,000 0
HORNBECK OFFSHORE SVCS INC CV 440543AN6 3,157 4,991,000 PRN   SOLE   0 4,991,000 0
WALTER INVESTMENT MGMT CV 93317WAA0 9,506 31,168,000 PRN   SOLE   0 2,327,000 28,841,000
AMERICAN INTL GROUP WT WT 026874156 23,886 1,117,716 SH   SOLE   0 1,117,716 0
FORESIGHT ENERGY LLC WT EXP 10 WT 345525117 0 16,260 SH   SOLE   0 16,260 0
NEXEO SOLUTIONS INC WT WT 65342H110 63 89,388 SH   SOLE   0 89,388 0