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
EURONAV NV ANTWERPEN SHS B38564108 2,829 299,672 SH   SOLE   249,573 0 50,099
ALLERGAN PLC SHS G0177J108 2,763 16,500 SH   SOLE   11,400 0 5,100
BRIGHTSPHERE INVESTMNT GRP P SHS G1644T109 1,426 124,963 SH   SOLE   76,565 0 48,398
ENSCO ROWAN PLC SHS CLASS A G3166L100 3,176 372,378 SH   SOLE   259,708 0 112,670
GOLAR LNG LTD BERMUDA SHS G9456A100 9,721 526,008 SH   SOLE   402,055 0 123,953
TE CONNECTIVITY LTD REG SHS H84989104 3,764 39,295 SH   SOLE   28,095 0 11,200
MYLAN N V SHS EURO N59465109 4,064 213,465 SH   SOLE   146,665 0 66,800
NXP SEMICONDUCTORS N V COM N6596X109 15,996 163,881 SH   SOLE   111,181 0 52,700
GOLAR LNG PARTNERS LP COM UNIT LPI Y2745C102 31,545 2,791,613 SH   SOLE   2,082,421 0 709,192
HOEGH LNG PARTNERS LP COM UNIT LTD Y3262R100 818 47,270 SH   SOLE   21,521 0 25,749
TEEKAY TANKERS LTD CL A Y8565N102 3,492 2,728,261 SH   SOLE   2,343,769 0 384,492
AMERICAN ELEC PWR CO INC COM 025537101 484 5,500 SH   SOLE   300 0 5,200
AMERICAN INTL GROUP INC COM NEW 026874784 2,607 48,925 SH   SOLE   28,400 0 20,525
ASTRAZENECA PLC SPONSORED ADR 046353108 458 11,100 SH   SOLE   0 0 11,100
ATLANTIC CAP BANCSHARES INC COM 048269203 2,020 117,971 SH   SOLE   79,459 0 38,512
BP PLC SPONSORED ADR 055622104 14,270 342,207 SH   SOLE   301,907 0 40,300
BANK AMER CORP COM 060505104 20,427 704,364 SH   SOLE   443,300 0 261,064
BLACK HILLS CORP COM 092113109 2,648 33,869 SH   SOLE   20,769 0 13,100
CARPENTER TECHNOLOGY CORP COM 144285103 13,460 280,536 SH   SOLE   198,221 0 82,315
CARTER BK & TR MARTINSVILLE COM 146102108 348 17,605 SH   SOLE   6,705 0 10,900
CHESAPEAKE ENERGY CORP COM 165167107 17,376 8,910,675 SH   SOLE   6,045,924 0 2,864,751
CITIGROUP INC COM NEW 172967424 26,817 382,935 SH   SOLE   251,680 0 131,255
COMTECH TELECOMMUNICATIONS C COM NEW 205826209 39,342 1,399,573 SH   SOLE   964,841 0 434,732
CONAGRA BRANDS INC COM 205887102 5,545 209,100 SH   SOLE   118,000 0 91,100
CONMED CORP COM 207410101 3,841 44,882 SH   SOLE   34,279 0 10,603
CONTINENTAL RESOURCES INC COM 212015101 3,216 76,400 SH   SOLE   76,400 0 0
EZCORP INC CL A NON VTG 302301106 6,099 644,048 SH   SOLE   431,326 0 212,722
FIRST BANCORP N C COM 318910106 2,024 55,579 SH   SOLE   35,296 0 20,283
FIRST HORIZON NATL CORP COM 320517105 10,678 715,197 SH   SOLE   513,923 0 201,274
FIRSTENERGY CORP COM 337932107 5,249 122,600 SH   SOLE   73,200 0 49,400
GRANITE REAL ESTATE INVT TR UNIT 99/99/9999 387437114 6,965 151,587 SH   SOLE   110,699 0 40,888
HARSCO CORP COM 415864107 387 14,091 SH   SOLE   14,091 0 0
HOME DEPOT INC COM 437076102 14,745 70,900 SH   SOLE   47,200 0 23,700
KAISER ALUMINUM CORP COM PAR $0.01 483007704 6,442 65,997 SH   SOLE   52,204 0 13,793
LAMB WESTON HLDGS INC COM 513272104 1,309 20,662 SH   SOLE   14,066 0 6,596
LENNAR CORP CL B 526057302 6,949 180,439 SH   SOLE   125,407 0 55,032
LILLY ELI & CO COM 532457108 14,305 129,122 SH   SOLE   85,900 0 43,222
LYON WILLIAM HOMES CL A NEW 552074700 1,897 104,066 SH   SOLE   54,002 0 50,064
MICROSOFT CORP COM 594918104 37,720 281,573 SH   SOLE   184,700 0 96,873
MILLER INDS INC TENN COM NEW 600551204 2,704 87,921 SH   SOLE   52,290 0 35,631
NATIONAL FUEL GAS CO N J COM 636180101 812 15,400 SH   SOLE   15,400 0 0
NORTHROP GRUMMAN CORP COM 666807102 21,212 65,648 SH   SOLE   48,000 0 17,648
OCEANEERING INTL INC COM 675232102 398 19,500 SH   SOLE   19,500 0 0
PFIZER INC COM 717081103 11,246 259,600 SH   SOLE   193,400 0 66,200
PHILIP MORRIS INTL INC COM 718172109 7,939 101,100 SH   SOLE   34,800 0 66,300
PORTLAND GEN ELEC CO COM NEW 736508847 4,589 84,714 SH   SOLE   61,714 0 23,000
ROYAL DUTCH SHELL PLC SPONS ADR A 780259206 17,290 265,708 SH   SOLE   225,962 0 39,746
SCIENCE APPLICATNS INTL CP N COM 808625107 11,101 128,242 SH   SOLE   92,542 0 35,700
SEACOR HOLDINGS INC COM 811904101 452 9,517 SH   SOLE   9,517 0 0
SOUTH ST CORP COM 840441109 1,576 21,387 SH   SOLE   8,320 0 13,067
SUNTRUST BKS INC COM 867914103 14,908 237,200 SH   SOLE   165,700 0 71,500
SUPERIOR ENERGY SVCS INC COM 868157108 435 334,548 SH   SOLE   252,848 0 81,700
TUPPERWARE BRANDS CORP COM 899896104 6,105 320,789 SH   SOLE   202,992 0 117,797
TYSON FOODS INC CL A 902494103 8,844 109,535 SH   SOLE   77,835 0 31,700
UFP TECHNOLOGIES INC COM 902673102 1,243 29,869 SH   SOLE   18,792 0 11,077
VOYA FINL INC COM 929089100 4,833 87,399 SH   SOLE   67,299 0 20,100
WALMART INC COM 931142103 17,192 155,600 SH   SOLE   99,700 0 55,900
WESCO AIRCRAFT HLDGS INC COM 950814103 7,735 696,851 SH   SOLE   426,536 0 270,315
WHITING PETE CORP NEW COM NEW 966387409 19 1,000 SH   SOLE   1,000 0 0
CNO FINL GROUP INC COM 12621E103 21,126 1,266,526 SH   SOLE   885,582 0 380,944
AMC ENTMT HLDGS INC CL A COM 00165C104 2,622 281,000 SH   SOLE   216,600 0 64,400
AT&T INC COM 00206R102 18,259 544,874 SH   SOLE   312,972 0 231,902
ABBVIE INC COM 00287Y109 1,770 24,337 SH   SOLE   0 0 24,337
BRIGHTHOUSE FINL INC COM 10922N103 6,536 178,153 SH   SOLE   118,848 0 59,305
C & F FINL CORP COM 12466Q104 429 7,847 SH   SOLE   4,400 0 3,447
CSI COMPRESSCO LP COM UNIT 12637A103 2,031 573,665 SH   SOLE   573,665 0 0
CAPSTAR FINL HLDGS INC COM 14070T102 678 44,756 SH   SOLE   21,139 0 23,617
CATCHMARK TIMBER TR INC CL A 14912Y202 2,290 219,126 SH   SOLE   180,195 0 38,931
CONOCOPHILLIPS COM 20825C104 2,074 34,000 SH   SOLE   26,900 0 7,100
DXC TECHNOLOGY CO COM 23355L106 139 2,512 SH   SOLE   171 0 2,341
DEVON ENERGY CORP NEW COM 25179M103 727 25,500 SH   SOLE   25,500 0 0
ENOVA INTL INC COM 29357K103 8,036 348,627 SH   SOLE   256,159 0 92,468
ENTERGY CORP NEW COM 29364G103 12,241 118,928 SH   SOLE   79,528 0 39,400
EVERGY INC COM 30034W106 947 15,752 SH   SOLE   15,752 0 0
EXELON CORP COM 30161N101 16,645 347,200 SH   SOLE   220,900 0 126,300
FEDEX CORP COM 31428X106 15,368 93,599 SH   SOLE   58,899 0 34,700
FIRST CTZNS BANCSHARES INC N CL A 31946M103 11,005 24,441 SH   SOLE   17,814 0 6,627
FLOWSERVE CORP COM 34354P105 432 8,200 SH   SOLE   0 0 8,200
FVCBANKCORP INC COM 36120Q101 48 2,466 SH   SOLE   1,300 0 1,166
GLAXOSMITHKLINE PLC SPONSORED ADR 37733W105 10,021 250,400 SH   SOLE   163,100 0 87,300
GOLDMAN SACHS GROUP INC COM 38141G104 5,176 25,300 SH   SOLE   15,700 0 9,600
HP INC COM 40434L105 2,746 132,100 SH   SOLE   101,500 0 30,600
HANGER INC COM NEW 41043F208 3,303 172,481 SH   SOLE   121,810 0 50,671
HEWLETT PACKARD ENTERPRISE C COM 42824C109 4,841 323,800 SH   SOLE   220,300 0 103,500
HIGHPOINT RES CORP COM 43114K108 9,423 5,177,734 SH   SOLE   3,614,131 0 1,563,603
INNOSPEC INC COM 45768S105 15,368 168,439 SH   SOLE   138,488 0 29,951
JPMORGAN CHASE & CO COM 46625H100 23,734 212,290 SH   SOLE   143,900 0 68,390
KBR INC COM 48242W106 82,973 3,326,912 SH   SOLE   2,368,974 0 957,938
MASTERCARD INC CL A 57636Q104 12,790 48,350 SH   SOLE   27,850 0 20,500
MERCK & CO INC COM 58933Y105 11,722 139,800 SH   SOLE   103,900 0 35,900
NELNET INC CL A 64031N108 2,308 38,972 SH   SOLE   28,713 0 10,259
NEXTERA ENERGY INC COM 65339F101 656 3,200 SH   SOLE   200 0 3,000
OFFICE PPTYS INCOME TR COM SHS BEN INT 67623C109 3,350 127,533 SH   SOLE   78,715 0 48,818
ORACLE CORP COM 68389X105 13,610 238,900 SH   SOLE   140,100 0 98,800
QURATE RETAIL INC COM SER A 74915M100 9,001 726,507 SH   SOLE   528,507 0 198,000
REGIONS FINL CORP NEW COM 7591EP100 6,931 463,900 SH   SOLE   302,800 0 161,100
SRC ENERGY INC COM 78470V108 77 15,600 SH   SOLE   15,600 0 0
TENET HEALTHCARE CORP COM NEW 88033G407 1,879 90,966 SH   SOLE   57,942 0 33,024
TETRA TECHNOLOGIES INC DEL COM 88162F105 1,593 977,010 SH   SOLE   742,087 0 234,923
VERIZON COMMUNICATIONS INC COM 92343V104 388 6,800 SH   SOLE   0 0 6,800
VIRTUS INVT PARTNERS INC COM 92828Q109 8,280 77,095 SH   SOLE   56,325 0 20,770