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
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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
AECOM COM 00766T100 167,078 4,414,210 SH   SOLE   4,414,210 0 0
Adient plc COM G0084W101 115,610 4,763,487 SH   SOLE   4,763,487 0 0
Alliance Data Systems Corporation COM 018581108 223,311 1,593,599 SH   SOLE   1,593,599 0 0
AerCap Holdings NV COM N00985106 304,519 5,855,002 SH   SOLE   5,855,002 0 0
Assurant, Inc. COM 04621X108 197,075 1,852,560 SH   SOLE   1,852,560 0 0
Air Lease Corporation Class A COM 00912X302 168,541 4,076,958 SH   SOLE   4,076,958 0 0
Affiliated Managers Group, Inc. COM 008252108 113,155 1,228,073 SH   SOLE   1,228,073 0 0
Ameriprise Financial, Inc. COM 03076C106 348,609 2,401,547 SH   SOLE   2,401,547 0 0
Arrow Electronics, Inc. COM 042735100 155,753 2,185,400 SH   SOLE   2,185,400 0 0
Broadcom Inc. COM 11135F101 451,295 1,567,758 SH   SOLE   1,567,758 0 0
Avis Budget Group, Inc. COM 053774105 124,518 3,541,479 SH   SOLE   3,541,479 0 0
Crown Holdings, Inc. COM 228368106 311,280 5,094,602 SH   SOLE   5,094,602 0 0
Celanese Corporation COM 150870103 370,882 3,440,466 SH   SOLE   3,440,466 0 0
CommScope Holding Co., Inc. COM 20337X109 122,484 7,786,680 SH   SOLE   7,786,680 0 0
EOG Resources, Inc. COM 26875P101 301,096 3,232,028 SH   SOLE   3,232,028 0 0
Flex Ltd. COM Y2573F102 169,906 17,753,976 SH   SOLE   17,753,976 0 0
Goodyear Tire & Rubber Company COM 382550101 138,719 9,066,605 SH   SOLE   9,066,605 0 0
Hanesbrands Inc. COM 410345102 254,872 14,800,906 SH   SOLE   14,800,906 0 0
HCA Healthcare Inc COM 40412C101 452,948 3,350,947 SH   SOLE   3,350,947 0 0
Hertz Global Holdings, Inc. COM 42806J106 60,775 3,807,928 SH   SOLE   3,807,928 0 0
Hertz Global Holdings, Inc. RIGHT 07/12/2019 42806J114 1,640 840,801 SH   SOLE   840,801 0 0
Qurate Retail, Inc. Class A CL A 74915M100 152,486 12,307,177 SH   SOLE   12,307,177 0 0
Lincoln National Corporation COM 534187109 332,643 5,161,254 SH   SOLE   5,161,254 0 0
Microchip Technology Incorporated COM 595017104 370,890 4,277,858 SH   SOLE   4,277,858 0 0
National Oilwell Varco, Inc. COM 637071101 123,038 5,534,761 SH   SOLE   5,534,761 0 0
Owens-Illinois, Inc. COM 690768403 98,860 5,724,366 SH   SOLE   5,724,366 0 0
Quanta Services, Inc. COM 74762E102 169,365 4,434,796 SH   SOLE   4,434,796 0 0
Suncor Energy Inc. COM 867224107 292,650 9,391,855 SH   SOLE   9,391,855 0 0
Tech Data Corporation COM 878237106 164,863 1,576,131 SH   SOLE   1,576,131 0 0
Tenneco Inc. Class A CL A 880349105 28,710 2,588,786 SH   SOLE   2,588,786 0 0
United Rentals, Inc. COM 911363109 294,571 2,220,998 SH   SOLE   2,220,998 0 0
Western Digital Corporation COM 958102105 216,282 4,548,508 SH   SOLE   4,548,508 0 0
Whirlpool Corporation COM 963320106 252,228 1,771,764 SH   SOLE   1,771,764 0 0
XPO Logistics, Inc. COM 983793100 176,926 3,060,474 SH   SOLE   3,060,474 0 0
iShares Russell 1000 Value ETF RUS 1000 VAL ETF 464287598 509 4,000 SH   SOLE   4,000 0 0