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
ACXIOM CORP COM 005125109 49,658 2,186,609 SH   OTR   0 2,186,609 0
ALLERGAN PLC SHS G0177J108 231,640 1,376,433 SH   OTR   0 0 1,376,433
ALTRIA GROUP INC COM 02209s103 17,626 282,830 SH   OTR   0 0 282,830
ASHLAND GLOBAL HLDGS INC COM 044186104 72,672 1,041,301 SH   OTR   0 0 1,041,301
AT&T INC COM 00206R102 7,166,937 201,036,099 SH   OTR   0 0 201,036,099
BANK MONTREAL QUE COM 063671101 105,258 1,392,851 SH   OTR   0 0 1,392,851
BEST BUY INC COM 086516101 108,468 1,549,767 SH   OTR   0 1,549,767 0
BOEING CO COM 097023105 10,949,772 33,395,670 SH   OTR   0 0 33,395,670
BOSTON SCIENTIFIC CORP COM 101137107 292,908 10,721,370 SH   OTR   0 0 10,721,370
BRITISH AMERN TOB PLC SPONSORED ADR 110448107 273,924 4,748,211 SH   OTR   0 0 4,748,211
CAPITAL ONE FINL CORP COM 14040H105 311,600 3,251,927 SH   OTR   0 0 3,251,927
CARS COM INC COM 14575E105 55,273 1,951,075 SH   OTR   0 0 1,951,075
CBS CORP NEW CL B 124857202 59,880 1,165,205 SH   OTR   0 0 1,165,205
COLGATE PALMOLIVE CO COM 194162103 122,731 1,712,207 SH   SOLE   1,712,207 0 0
DANAHER CORP DEL COM 235851102 105,877 1,081,374 SH   OTR   0 0 1,081,374
DARDEN RESTAURANTS INC COM 237194105 229,165 2,688,156 SH   OTR   0 0 2,688,156
DELTA AIR LINES INC DEL COM NEW 247361702 783,716 14,298,775 SH   SOLE   14,298,775 0 0
DILLARDS INC CL A 254067101 596,157 7,420,430 SH   OTR   0 0 7,420,430
DTE ENERGY CO COM 233331107 45,974 440,365 SH   SOLE   440,365 0 0
ENTERCOM COMMUNICATIONS CORP CL A 293639100 314 32,568 SH   OTR   0 0 32,568
ENTERGY CORP NEW COM 29364G103 426,296 5,411,223 SH   OTR   0 0 5,411,223
FORD MTR CO DEL COM PAR $0.01 345370860 2,085,789 188,248,101 SH   OTR   0 188,248,101 0
GANNETT CO INC COM 36473H104 6,031 604,261 SH   OTR   0 0 604,261
GAP INC DEL COM 364760108 44,977 1,441,578 SH   OTR   0 0 1,441,578
GENERAL DYNAMICS CORP COM 369550108 4,639,221 21,001,453 SH   OTR   0 21,001,453 0
GENWORTH FINL INC COM CL A 37247D106 7,165 2,531,729 SH   OTR   0 0 2,531,729
GOODYEAR TIRE & RUBR CO COM 382550101 84,862 3,192,691 SH   OTR   0 0 3,192,691
HARTFORD FINL SVCS GROUP INC COM 416515104 211,899 4,112,947 SH   OTR   0 0 4,112,947
HERSHEY CO COM 427866108 88,001 889,260 SH   OTR   0 0 889,260
HONEYWELL INTL INC COM 438516106 2,848,596 19,712,106 SH   SOLE   19,712,106 0 0
HUMANA INC COM 444859102 508,885 1,892,963 SH   OTR   0 1,892,963 0
KRAFT HEINZ CO COM 500754106 2,149 34,501 SH   OTR   0 0 34,501
MONDELEZ INTL INC CL A 609207105 4,473 107,187 SH   OTR   0 0 107,187
MOODYS CORP COM 615369105 70,298 435,820 SH   OTR   0 0 435,820
PENNEY J C INC COM 708160106 40,371 13,368,017 SH   OTR   0 0 13,368,017
PHILIP MORRIS INTL INC COM 718172109 81,464 819,562 SH   OTR   0 0 819,562
SCANA CORP NEW COM 80589M102 255,805 6,812,389 SH   OTR   0 0 6,812,389
SEMPRA ENERGY COM 816851109 1,100,188 9,892,000 SH   OTR   0 9,892,000 0
SIMMONS 1ST NATL CORP CL A $1 PAR 828730200 38,657 1,358,765 SH   OTR   0 1,358,765 0
STATE STR CORP COM 857477103 234,518 2,351,534 SH   OTR   0 2,351,534 0
TEGNA INC COM 87901J105 41,633 3,655,227 SH   OTR   0 0 3,655,227
UNITED CONTL HLDGS INC COM 910047109 360,175 5,184,613 SH   OTR   0 5,184,613 0
VALVOLINE INC COM 92047W101 84,990 3,840,497 SH   OTR   0 0 3,840,497
WATERS CORP COM 941848103 70,830 356,559 SH   OTR   0 0 356,559
WESTERN DIGITAL CORP COM 958102105 67,472 731,242 SH   OTR   0 0 731,242
WEYERHAEUSER CO COM 962166104 181,191 5,176,878 SH   OTR   0 0 5,176,878
WHIRLPOOL CORP COM 963320106 207,410 1,354,649 SH   OTR   0 0 1,354,649
YUM BRANDS INC COM 988498101 169,407 1,989,983 SH   OTR   0 0 1,989,983