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 26,963 617,999 SH   SOLE   0 322,430 295,569
AGCO CORPORATION COM 001084102 16,989 230,300 SH   SOLE   0 120,580 109,720
ALCOA CORP NEW COM 013872106 97,327 2,087,667 SH   SOLE   0 405,827 1,681,840
ALLEGIANT TRAVEL CO COM 01748X102 48,948 371,662 SH   SOLE   0 192,688 178,974
ALLERGAN PLC COM G0177J108 1,947 9,500 SH   SOLE   0 0 9,500
ALLY FINANCIAL INC COM 02005N100 306,093 12,617,200 SH   SOLE   0 2,385,810 10,231,390
ALPHABET INC. CL C COM 02079K107 278,124 289,981 SH   SOLE   0 51,661 238,320
ALPHABET INC. CL A COM 02079K305 270,185 277,477 SH   SOLE   0 51,583 225,894
AMERICAN EXPRESS COMPANY COM 025816109 302,674 3,345,940 SH   SOLE   0 637,550 2,708,390
AMERICAN INTL GROUP INC COM 026874784 641,459 10,448,920 SH   SOLE   0 2,384,210 8,064,710
AMERISOURCEBERGEN CORP COM 03073E105 2,689 32,500 SH   SOLE   0 0 32,500
ANALOG DEVICES INC COM 032654105 347,443 4,032,060 SH   SOLE   0 762,850 3,269,210
ANTHEM INC COM 036752103 2,098 11,050 SH   SOLE   0 0 11,050
AON PLC COM G0408V102 654,775 4,481,690 SH   SOLE   0 902,960 3,578,730
APPLE INC COM COM 037833100 1,880 12,200 SH   SOLE   0 0 12,200
ARCONIC INC COM 03965L100 508,682 20,445,425 SH   SOLE   0 4,805,646 15,639,779
ARRIS INTERNATIONAL PLC COM G0551A103 69,667 2,445,300 SH   SOLE   0 1,235,570 1,209,730
ARROW ELECTRONICS INC. COM 042735100 28,123 349,740 SH   SOLE   0 181,550 168,190
AVNET INC COM 053807103 48,389 1,231,280 SH   SOLE   0 626,980 604,300
AXALTA COATING SYSTEMS LTD COM G0750C108 70,281 2,430,188 SH   SOLE   0 208,237 2,221,951
BANK OF AMERICA CORP COM 060505104 631,245 24,911,010 SH   SOLE   0 5,541,650 19,369,360
BANK OF AMERICA CORP COM 060505104 953 37,600 SH Call SOLE   0 37,600 0
CARDINAL HEALTH INC. COM 14149Y108 2,878 43,000 SH   SOLE   0 0 43,000
CARS COM INC COM 14575E105 33,921 1,274,750 SH   SOLE   0 1,274,750 0
CBS CORP CL B COM 124857202 5,733 98,850 SH   SOLE   0 0 98,850
CIMAREX ENERGY CO COM 171798101 49,342 434,080 SH   SOLE   0 219,000 215,080
CISCO SYSTEMS INC COM 17275R102 477,084 14,186,260 SH   SOLE   0 2,696,210 11,490,050
CIT GROUP INC. COM 125581801 529,106 10,787,084 SH   SOLE   0 1,873,914 8,913,170
CITIGROUP INC COM 172967424 593,273 8,156,076 SH   SOLE   0 1,791,036 6,365,040
CME GROUP INC COM 12572Q105 15,126 111,486 SH   SOLE   0 111,486 0
COMERICA INC COM 200340107 13,365 175,260 SH   SOLE   0 175,260 0
CUBIC CORP COM 229669106 24,002 470,620 SH   SOLE   0 244,331 226,289
CVS HEALTH CORPORATION COM 126650100 34,533 424,652 SH   SOLE   0 327,052 97,600
DANA INC COM 235825205 17,967 642,614 SH   SOLE   0 343,830 298,784
DELTA AIR LINES INC COM 247361702 2,382 49,400 SH   SOLE   0 0 49,400
DISCOVERY COMMUNICATIONS INC COM 25470F302 3,238 159,800 SH   SOLE   0 0 159,800
DOLLAR GENERAL CORP COM 256677105 27,982 345,241 SH   SOLE   0 302,061 43,180
ESTERLINE TECHNOLOGIES CORP COM 297425100 304,037 3,372,571 SH   SOLE   0 508,700 2,863,871
EXPRESS SCRIPTS HOLDING CO COM 30219G108 3,426 54,100 SH   SOLE   0 0 54,100
EXXON MOBIL CORPORATION COM 30231G102 21,622 263,751 SH   SOLE   0 263,751 0
FEDERATED INVESTORS INC-CL B COM 314211103 8,805 296,470 SH   SOLE   0 157,030 139,440
FEDEX CORP COM 31428X106 1,263 5,600 SH   SOLE   0 0 5,600
FOOT LOCKER INC COM 344849104 11,857 336,648 SH   SOLE   0 170,816 165,832
FOREST CITY RLTY TR INC COM 345605109 8,921 349,692 SH   SOLE   0 349,692 0
FRANKS INTL N V COM N33462107 7,900 1,023,290 SH   SOLE   0 0 1,023,290
GENERAL ELECTRIC COMPANY COM 369604103 236,116 9,764,929 SH   SOLE   0 1,892,412 7,872,517
HCA HEALTHCARE INC COM 40412C101 1,632 20,500 SH   SOLE   0 0 20,500
HD SUPPLY HLDGS INC COM 40416M105 1,068 29,600 SH   SOLE   0 0 29,600
HELMERICH & PAYNE INC COM 423452101 33,880 650,167 SH   SOLE   0 316,050 334,117
HOUGHTON MIFFLIN HARCOURT CO COM 44157R109 41,694 3,460,047 SH   SOLE   0 1,675,100 1,784,947
INGERSOLL-RAND PLC COM G47791101 1,248 14,000 SH   SOLE   0 0 14,000
INTERDIGITAL INC COM 45867G101 29,341 397,850 SH   SOLE   0 196,720 201,130
KKR & CO LP COM 48248M102 1,269 62,400 SH   SOLE   0 0 62,400
LABORATORY CORP AMER HLDGS COM 50540R409 2,500 16,560 SH   SOLE   0 0 16,560
LEGG MASON INC COM 524901105 156,915 3,991,742 SH   SOLE   0 322,423 3,669,319
LEUCADIA NATIONAL CORP COM 527288104 486,603 19,271,390 SH   SOLE   0 3,835,590 15,435,800
LOWE'S COS INC COM 548661107 1,831 22,900 SH   SOLE   0 0 22,900
LPL FINL HLDGS INC COM 50212V100 234,008 4,537,680 SH   SOLE   0 371,710 4,165,970
MADISON SQUARE GARDEN CO COM 55825T103 5,716 26,700 SH   SOLE   0 0 26,700
MCKESSON CORP COM 58155Q103 4,078 26,550 SH   SOLE   0 0 26,550
MEDICAL PPTYS TRUST INC COM 58463J304 1,845 140,500 SH   SOLE   0 0 140,500
MEDNAX INC COM 58502B106 2,439 56,570 SH   SOLE   0 0 56,570
MICROSOFT CORP COM 594918104 582,903 7,825,249 SH   SOLE   0 1,870,949 5,954,300
MYLAN NV COM N59465109 297,046 9,469,120 SH   SOLE   0 1,827,470 7,641,650
NEXEO SOLUTIONS INC COM 65342H102 186,363 25,529,169 SH   SOLE   0 3,970,157 21,559,012
NOBLE ENERGY INC COM 655044105 50,249 1,771,821 SH   SOLE   0 878,501 893,320
NORWEGIAN CRUISE LINE HLDGS LT COM G66721104 1,086 20,100 SH   SOLE   0 0 20,100
O'REILLY AUTOMOTIVE, INC. COM 67103H107 3,446 16,000 SH   SOLE   0 0 16,000
OCCIDENTAL PETROLEUM CORP COM 674599105 49,954 777,980 SH   SOLE   0 142,560 635,420
ORACLE CORPORATION COM 68389X105 1,021,782 21,133,029 SH   SOLE   0 5,224,629 15,908,400
OWENS ILLINOIS INC COM 690768403 243,965 9,696,560 SH   SOLE   0 783,660 8,912,900
PAR PACIFIC HOLDINGS INC. COM 69888T207 1,983 95,359 SH   SOLE   0 95,359 0
PATTERSON-UTI ENERGY INC COM 703481101 37,787 1,804,525 SH   SOLE   0 913,335 891,190
PHI INC COM NON VTG COM 69336T205 585 49,773 SH   SOLE   0 49,773 0
PHILIP MORRIS INTL INC COM 718172109 11,942 107,573 SH   SOLE   0 107,573 0
PRICELINE GRP INC COM 741503403 2,197 1,200 SH   SOLE   0 0 1,200
QUALCOMM INC COM 747525103 166,403 3,209,940 SH   SOLE   0 621,360 2,588,580
REGIS CORP COM 758932107 9,429 660,756 SH   SOLE   0 660,756 0
ROWAN COMPANIES PLC COM G7665A101 18,150 1,412,460 SH   SOLE   0 1,292,120 120,340
RUSH ENTERPRISES INC CL A COM 781846209 12,009 259,423 SH   SOLE   0 259,423 0
SALLY BEAUTY HLDGS INC COM 79546E104 5,115 261,240 SH   SOLE   0 143,580 117,660
SIGNET JEWELERS LIMITED COM G81276100 1,865 28,020 SH   SOLE   0 0 28,020
SM ENERGY COMPANY COM 78454L100 33,353 1,880,100 SH   SOLE   0 908,980 971,120
SPIRIT AIRLINES INC COM 848577102 20,148 603,045 SH   SOLE   0 246,915 356,130
SPX CORP COM 784635104 338 11,529 SH   SOLE   0 11,529 0
TE CONNECTIVITY LTD COM H84989104 471,987 5,682,480 SH   SOLE   0 1,083,740 4,598,740
TEMPUR SEALY INTERNATIONAL COM 88023U101 2,749 42,600 SH   SOLE   0 0 42,600
THERMO FISHER SCIENTIFIC INC COM 883556102 251,613 1,329,880 SH   SOLE   0 256,590 1,073,290
TIME WARNER INC COM 887317303 5,860 57,200 SH   SOLE   0 0 57,200
TWENTY FIRST CENTY FOX INC CL COM 90130A101 5,355 203,000 SH   SOLE   0 0 203,000
TWENTY FIRST CENTY FOX INC CL COM 90130A200 3,868 150,000 SH   SOLE   0 0 150,000
UNITED TECHNOLOGIES CORP COM 913017109 608,374 5,240,990 SH   SOLE   0 1,012,020 4,228,970
VEECO INSTRUMENTS INC COM 922417100 27,932 1,305,244 SH   SOLE   0 674,550 630,694
WALTER INVESTMENT MGMT COM 93317W102 131 221,049 SH   SOLE   0 221,049 0
WESTERN DIGITAL CORP. COM 958102105 66,017 764,090 SH   SOLE   0 389,450 374,640
WHIRLPOOL CORP. COM 963320106 4,500 24,400 SH   SOLE   0 0 24,400
WILLIS TOWERS WATSON COM G96629103 1,218 7,900 SH   SOLE   0 0 7,900
58 COM INC ADR 31680Q104 43,798 693,664 SH   SOLE   0 693,664 0
BAIDU INC SPON ADR REP A ADR 056752108 425,581 1,718,200 SH   SOLE   0 380,313 1,337,887
RYANAIR HOLDINGS PLC - SP ADR ADR 783513203 3,061 29,033 SH   SOLE   0 29,033 0
ALTABA INC MFUS 021346101 503,437 7,600,200 SH   SOLE   0 2,752,930 4,847,270
HORNBECK OFFSHORE SVCS INC CV 440543AN6 3,893 4,991,000 PRN   SOLE   0 4,991,000 0
WALTER INVESTMENT MGMT CV 93317WAA0 5,255 30,909,000 PRN   SOLE   0 2,068,000 28,841,000
AMERICAN INTL GROUP WT WT 026874156 26,891 1,344,536 SH   SOLE   0 1,344,536 0
NEXEO SOLUTIONS INC WT WT 65342H110 39 89,388 SH   SOLE   0 89,388 0