Historical Stock Holdings

FPA Queens Road Small Cap Value Fund

PeriodPortfolio ValueTop 20 holdings history (left to right)
2024   Q3$683 M IDCC
InterDigital Inc.
5.72% of portfolio
 		SNX
SYNNEX Corp.
5.00% of portfolio
 		SFM
Sprouts Farmers Market Inc.
4.93% of portfolio
 		FN
Fabrinet
4.59% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
4.53% of portfolio
 		RLI
RLI Corp.
3.64% of portfolio
 		AX
Axos Financial Inc.
3.44% of portfolio
 		PVH
PVH Corp.
3.41% of portfolio
 		MSM
MSC Industrial Direct
3.26% of portfolio
 		MTG
MGIC Investment
3.19% of portfolio
 		IAC
IAC Inc.
3.04% of portfolio
 		ESGR
Enstar Group Ltd.
2.93% of portfolio
 		OSK
Oshkosh Corp.
2.87% of portfolio
 		CSWI
CSW Industrials Inc.
2.74% of portfolio
 		ARW
Arrow Electronics
2.72% of portfolio
 		CNO
CNO Financial Group Inc.
2.64% of portfolio
 		UGI
UGI Corp.
2.50% of portfolio
 		JBT
John Bean Technologies Corp.
2.23% of portfolio
 		NJR
New Jersey Resources
2.23% of portfolio
 		CSGS
CSG Systems International
2.17% of portfolio
2024   Q2$632 M IDCC
InterDigital Inc.
5.25% of portfolio
 		SNX
SYNNEX Corp.
5.19% of portfolio
 		FN
Fabrinet
5.13% of portfolio
 		SFM
Sprouts Farmers Market Inc.
4.68% of portfolio
 		PVH
PVH Corp.
3.87% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
3.85% of portfolio
 		RLI
RLI Corp.
3.57% of portfolio
 		AX
Axos Financial Inc.
3.38% of portfolio
 		OSK
Oshkosh Corp.
3.35% of portfolio
 		MSM
MSC Industrial Direct
3.25% of portfolio
 		ESGR
Enstar Group Ltd.
3.01% of portfolio
 		MTG
MGIC Investment
2.90% of portfolio
 		IAC
IAC Inc.
2.86% of portfolio
 		ARW
Arrow Electronics
2.67% of portfolio
 		VSH
Vishay Intertechnology
2.59% of portfolio
 		UGI
UGI Corp.
2.47% of portfolio
 		CSWI
CSW Industrials Inc.
2.36% of portfolio
 		JBT
John Bean Technologies Corp.
2.29% of portfolio
 		HMN
Horace Mann Educators
2.28% of portfolio
 		CNO
CNO Financial Group Inc.
2.26% of portfolio
2024   Q1$643 M SNX
SYNNEX Corp.
5.35% of portfolio
 		PVH
PVH Corp.
5.05% of portfolio
 		IDCC
InterDigital Inc.
4.71% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
3.97% of portfolio
 		FN
Fabrinet
3.89% of portfolio
 		OSK
Oshkosh Corp.
3.79% of portfolio
 		RLI
RLI Corp.
3.70% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
3.57% of portfolio
 		SFM
Sprouts Farmers Market Inc.
3.55% of portfolio
 		MSM
MSC Industrial Direct
2.92% of portfolio
 		AX
Axos Financial Inc.
2.84% of portfolio
 		ARW
Arrow Electronics
2.81% of portfolio
 		MTG
MGIC Investment
2.78% of portfolio
 		UGI
UGI Corp.
2.60% of portfolio
 		HMN
Horace Mann Educators
2.53% of portfolio
 		CSGS
CSG Systems International
2.44% of portfolio
 		VSH
Vishay Intertechnology
2.40% of portfolio
 		IAC
IAC Inc.
2.31% of portfolio
 		DECK
Deckers Outdoor
2.25% of portfolio
 		CNO
CNO Financial Group Inc.
2.20% of portfolio
2023   Q4$630 M FN
Fabrinet
5.96% of portfolio
 		SNX
SYNNEX Corp.
5.19% of portfolio
 		IDCC
InterDigital Inc.
4.90% of portfolio
 		PVH
PVH Corp.
4.48% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
4.07% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
3.62% of portfolio
 		RLI
RLI Corp.
3.39% of portfolio
 		OSK
Oshkosh Corp.
3.37% of portfolio
 		MSM
MSC Industrial Direct
3.11% of portfolio
 		CNXC
Concentrix Corp.
2.96% of portfolio
 		DECK
Deckers Outdoor
2.96% of portfolio
 		AX
Axos Financial Inc.
2.93% of portfolio
 		SFM
Sprouts Farmers Market Inc.
2.70% of portfolio
 		CSWI
CSW Industrials Inc.
2.67% of portfolio
 		UGI
UGI Corp.
2.42% of portfolio
 		GIII
G-III Apparel Group
2.41% of portfolio
 		SYNA
Synaptics Inc.
2.40% of portfolio
 		IAC
IAC Inc.
2.31% of portfolio
 		MTG
MGIC Investment
2.30% of portfolio
 		VSH
Vishay Intertechnology
2.29% of portfolio
2023   Q3$563 M FN
Fabrinet
7.18% of portfolio
 		SNX
SYNNEX Corp.
5.39% of portfolio
 		IDCC
InterDigital Inc.
4.06% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
3.90% of portfolio
 		RLI
RLI Corp.
3.87% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
3.56% of portfolio
 		MSM
MSC Industrial Direct
3.35% of portfolio
 		OSK
Oshkosh Corp.
3.32% of portfolio
 		PVH
PVH Corp.
3.14% of portfolio
 		SFM
Sprouts Farmers Market Inc.
2.69% of portfolio
 		VSH
Vishay Intertechnology
2.57% of portfolio
 		CNXC
Concentrix Corp.
2.56% of portfolio
 		ARW
Arrow Electronics
2.55% of portfolio
 		DECK
Deckers Outdoor
2.54% of portfolio
 		CSWI
CSW Industrials Inc.
2.53% of portfolio
 		IAC
IAC Inc.
2.49% of portfolio
 		SCHL
Scholastic Corp.
2.38% of portfolio
 		UGI
UGI Corp.
2.32% of portfolio
 		NJR
New Jersey Resources
2.32% of portfolio
 		HMN
Horace Mann Educators
2.30% of portfolio
2023   Q2$459 M FN
Fabrinet
5.78% of portfolio
 		IDCC
InterDigital Inc.
5.07% of portfolio
 		SNX
SYNNEX Corp.
4.82% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
3.93% of portfolio
 		RLI
RLI Corp.
3.86% of portfolio
 		DECK
Deckers Outdoor
3.20% of portfolio
 		VSH
Vishay Intertechnology
3.17% of portfolio
 		MSM
MSC Industrial Direct
3.16% of portfolio
 		IAC
IAC Inc.
3.09% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
3.03% of portfolio
 		NJR
New Jersey Resources
2.80% of portfolio
 		OSK
Oshkosh Corp.
2.75% of portfolio
 		MTZ
MasTec Inc.
2.74% of portfolio
 		PVH
PVH Corp.
2.52% of portfolio
 		CSWI
CSW Industrials Inc.
2.49% of portfolio
 		HMN
Horace Mann Educators
2.41% of portfolio
 		UGI
UGI Corp.
2.37% of portfolio
 		ARW
Arrow Electronics
2.37% of portfolio
 		CSGS
CSG Systems International
2.23% of portfolio
 		CNO
CNO Financial Group Inc.
2.23% of portfolio
2023   Q1$434 M FN
Fabrinet
5.59% of portfolio
 		SNX
SYNNEX Corp.
5.25% of portfolio
 		IDCC
InterDigital Inc.
4.05% of portfolio
 		RLI
RLI Corp.
3.97% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
3.73% of portfolio
 		MTZ
MasTec Inc.
3.42% of portfolio
 		NJR
New Jersey Resources
3.34% of portfolio
 		CNXC
Concentrix Corp.
3.03% of portfolio
 		MSM
MSC Industrial Direct
2.95% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
2.91% of portfolio
 		HMN
Horace Mann Educators
2.88% of portfolio
 		DECK
Deckers Outdoor
2.88% of portfolio
 		UGI
UGI Corp.
2.84% of portfolio
 		PVH
PVH Corp.
2.80% of portfolio
 		OSK
Oshkosh Corp.
2.79% of portfolio
 		IAC
IAC Inc.
2.68% of portfolio
 		VSH
Vishay Intertechnology
2.58% of portfolio
 		SYNA
Synaptics Inc.
2.36% of portfolio
 		CSGS
CSG Systems International
2.26% of portfolio
 		CNO
CNO Financial Group Inc.
2.21% of portfolio
2022   Q4$446 M FN
Fabrinet
5.88% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
5.05% of portfolio
 		SNX
SYNNEX Corp.
5.00% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
4.58% of portfolio
 		MTZ
MasTec Inc.
4.16% of portfolio
 		RLI
RLI Corp.
3.82% of portfolio
 		CNXC
Concentrix Corp.
3.24% of portfolio
 		HMN
Horace Mann Educators
3.13% of portfolio
 		NJR
New Jersey Resources
3.03% of portfolio
 		SJI-OLD
South Jersey Industries
3.01% of portfolio
 		UGI
UGI Corp.
2.95% of portfolio
 		OSK
Oshkosh Corp.
2.88% of portfolio
 		MSM
MSC Industrial Direct
2.79% of portfolio
 		IDCC
InterDigital Inc.
2.67% of portfolio
 		UNFI
United Natural Foods
2.61% of portfolio
 		DECK
Deckers Outdoor
2.50% of portfolio
 		VSH
Vishay Intertechnology
2.39% of portfolio
 		DAR
Darling Ingredients Inc.
2.24% of portfolio
 		PVH
PVH Corp.
2.16% of portfolio
 		SAIC
Science Applications International Corp.
2.07% of portfolio
2022   Q3$390 M SFBS
ServisFirst Bancshares Inc.
6.07% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
5.19% of portfolio
 		FN
Fabrinet
4.51% of portfolio
 		SNX
SYNNEX Corp.
4.45% of portfolio
 		MTZ
MasTec Inc.
3.54% of portfolio
 		RLI
RLI Corp.
3.41% of portfolio
 		HMN
Horace Mann Educators
3.37% of portfolio
 		SJI-OLD
South Jersey Industries
3.24% of portfolio
 		SYNA
Synaptics Inc.
3.11% of portfolio
 		CNXC
Concentrix Corp.
2.97% of portfolio
 		CNO
CNO Financial Group Inc.
2.90% of portfolio
 		MSM
MSC Industrial Direct
2.84% of portfolio
 		NJR
New Jersey Resources
2.70% of portfolio
 		IDCC
InterDigital Inc.
2.50% of portfolio
 		OSK
Oshkosh Corp.
2.44% of portfolio
 		DECK
Deckers Outdoor
2.23% of portfolio
 		UNFI
United Natural Foods
2.20% of portfolio
 		PVH
PVH Corp.
2.16% of portfolio
 		CSGS
CSG Systems International
2.12% of portfolio
 		DAR
Darling Ingredients Inc.
2.11% of portfolio
2022   Q2$398 M SFBS
ServisFirst Bancshares Inc.
5.87% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
5.45% of portfolio
 		SNX
SYNNEX Corp.
4.89% of portfolio
 		HMN
Horace Mann Educators
4.02% of portfolio
 		MTZ
MasTec Inc.
3.91% of portfolio
 		RLI
RLI Corp.
3.80% of portfolio
 		FN
Fabrinet
3.75% of portfolio
 		IDCC
InterDigital Inc.
3.68% of portfolio
 		SYNA
Synaptics Inc.
3.63% of portfolio
 		SJI-OLD
South Jersey Industries
3.24% of portfolio
 		NJR
New Jersey Resources
3.05% of portfolio
 		CNXC
Concentrix Corp.
2.90% of portfolio
 		MSM
MSC Industrial Direct
2.88% of portfolio
 		CNO
CNO Financial Group Inc.
2.86% of portfolio
 		OSK
Oshkosh Corp.
2.80% of portfolio
 		CSGS
CSG Systems International
2.69% of portfolio
 		UGI
UGI Corp.
2.12% of portfolio
 		UNFI
United Natural Foods
2.11% of portfolio
 		VSH
Vishay Intertechnology
1.99% of portfolio
 		PVH
PVH Corp.
1.97% of portfolio
2022   Q1$446 M SFBS
ServisFirst Bancshares Inc.
6.33% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
5.31% of portfolio
 		SYNA
Synaptics Inc.
3.84% of portfolio
 		HMN
Horace Mann Educators
3.79% of portfolio
 		MTZ
MasTec Inc.
3.76% of portfolio
 		FN
Fabrinet
3.63% of portfolio
 		CNO
CNO Financial Group Inc.
3.54% of portfolio
 		IDCC
InterDigital Inc.
3.44% of portfolio
 		SNX
SYNNEX Corp.
3.32% of portfolio
 		RLI
RLI Corp.
3.22% of portfolio
 		SJI-OLD
South Jersey Industries
2.92% of portfolio
 		MSM
MSC Industrial Direct
2.91% of portfolio
 		NJR
New Jersey Resources
2.80% of portfolio
 		MATV
Mativ Holdings Inc.
2.69% of portfolio
 		CSGS
CSG Systems International
2.55% of portfolio
 		CNXC
Concentrix Corp.
2.46% of portfolio
 		OSK
Oshkosh Corp.
2.44% of portfolio
 		PVH
PVH Corp.
2.37% of portfolio
 		ANAT-OLD
American National Group Inc.
2.29% of portfolio
 		AX
Axos Financial Inc.
2.12% of portfolio
2021   Q4$442 M SYNA
Synaptics Inc.
8.37% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
5.78% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
5.22% of portfolio
 		FN
Fabrinet
4.02% of portfolio
 		IDCC
InterDigital Inc.
3.90% of portfolio
 		HMN
Horace Mann Educators
3.53% of portfolio
 		MTZ
MasTec Inc.
3.36% of portfolio
 		RLI
RLI Corp.
3.29% of portfolio
 		CNO
CNO Financial Group Inc.
2.99% of portfolio
 		MSM
MSC Industrial Direct
2.90% of portfolio
 		SJI-OLD
South Jersey Industries
2.79% of portfolio
 		OSK
Oshkosh Corp.
2.69% of portfolio
 		CNXC
Concentrix Corp.
2.66% of portfolio
 		AX
Axos Financial Inc.
2.58% of portfolio
 		SNX
SYNNEX Corp.
2.58% of portfolio
 		MATV
Mativ Holdings Inc.
2.55% of portfolio
 		NJR
New Jersey Resources
2.53% of portfolio
 		PVH
PVH Corp.
2.37% of portfolio
 		CSGS
CSG Systems International
2.33% of portfolio
 		DECK
Deckers Outdoor
2.31% of portfolio
2021   Q3$400 M SYNA
Synaptics Inc.
5.92% of portfolio
 		SFBS
ServisFirst Bancshares Inc.
5.85% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
4.39% of portfolio
 		IDCC
InterDigital Inc.
4.08% of portfolio
 		HMN
Horace Mann Educators
4.02% of portfolio
 		FN
Fabrinet
3.85% of portfolio
 		MTZ
MasTec Inc.
3.37% of portfolio
 		CNO
CNO Financial Group Inc.
3.26% of portfolio
 		RLI
RLI Corp.
3.25% of portfolio
 		MATV
Mativ Holdings Inc.
3.17% of portfolio
 		MSM
MSC Industrial Direct
3.05% of portfolio
 		CNXC
Concentrix Corp.
2.91% of portfolio
 		AX
Axos Financial Inc.
2.63% of portfolio
 		SNX
SYNNEX Corp.
2.60% of portfolio
 		ANAT-OLD
American National Group Inc.
2.55% of portfolio
 		PVH
PVH Corp.
2.52% of portfolio
 		DECK
Deckers Outdoor
2.51% of portfolio
 		SJI-OLD
South Jersey Industries
2.51% of portfolio
 		NJR
New Jersey Resources
2.37% of portfolio
 		CSWI
CSW Industrials Inc.
2.35% of portfolio
2021   Q2$412 M SFBS
ServisFirst Bancshares Inc.
5.11% of portfolio
 		SYNA
Synaptics Inc.
4.98% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
4.66% of portfolio
 		IDCC
InterDigital Inc.
4.27% of portfolio
 		MTZ
MasTec Inc.
4.02% of portfolio
 		HMN
Horace Mann Educators
3.67% of portfolio
 		MATV
Mativ Holdings Inc.
3.59% of portfolio
 		FN
Fabrinet
3.50% of portfolio
 		MSM
MSC Industrial Direct
3.32% of portfolio
 		RLI
RLI Corp.
3.29% of portfolio
 		CNO
CNO Financial Group Inc.
3.18% of portfolio
 		SJI-OLD
South Jersey Industries
2.97% of portfolio
 		SNX
SYNNEX Corp.
2.95% of portfolio
 		OSK
Oshkosh Corp.
2.74% of portfolio
 		NJR
New Jersey Resources
2.62% of portfolio
 		DECK
Deckers Outdoor
2.60% of portfolio
 		CNXC
Concentrix Corp.
2.57% of portfolio
 		PVH
PVH Corp.
2.56% of portfolio
 		VSH
Vishay Intertechnology
2.39% of portfolio
 		GIII
G-III Apparel Group
2.32% of portfolio
2021   Q1$413 M SFBS
ServisFirst Bancshares Inc.
4.60% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
4.53% of portfolio
 		MATV
Mativ Holdings Inc.
4.35% of portfolio
 		SYNA
Synaptics Inc.
4.33% of portfolio
 		IDCC
InterDigital Inc.
4.32% of portfolio
 		HMN
Horace Mann Educators
4.23% of portfolio
 		MTZ
MasTec Inc.
3.54% of portfolio
 		RLI
RLI Corp.
3.51% of portfolio
 		MSM
MSC Industrial Direct
3.33% of portfolio
 		FN
Fabrinet
3.29% of portfolio
 		CNO
CNO Financial Group Inc.
3.26% of portfolio
 		SNX
SYNNEX Corp.
2.78% of portfolio
 		CSWI
CSW Industrials Inc.
2.74% of portfolio
 		NJR
New Jersey Resources
2.63% of portfolio
 		OSK
Oshkosh Corp.
2.61% of portfolio
 		SJI-OLD
South Jersey Industries
2.58% of portfolio
 		VSH
Vishay Intertechnology
2.54% of portfolio
 		THS
TreeHouse Foods
2.54% of portfolio
 		PVH
PVH Corp.
2.51% of portfolio
 		DECK
Deckers Outdoor
2.47% of portfolio
2020   Q4$143 M IDCC
InterDigital Inc.
9.99% of portfolio
 		GPK
Graphic Packaging Hldg Co.
5.89% of portfolio
 		THS
TreeHouse Foods
4.64% of portfolio
 		SAIC
Science Applications International Corp.
4.61% of portfolio
 		HMN
Horace Mann Educators
4.12% of portfolio
 		MATV
Mativ Holdings Inc.
3.89% of portfolio
 		CRI
Carters Inc.
3.87% of portfolio
 		MSM
MSC Industrial Direct
3.62% of portfolio
 		SYNA
Synaptics Inc.
3.41% of portfolio
 		AEL-OLD
American Equity Inv. Life Hldg Co
3.34% of portfolio
 		CSWI
CSW Industrials Inc.
3.27% of portfolio
 		PVH
PVH Corp.
2.97% of portfolio
 		CSGS
CSG Systems International
2.67% of portfolio
 		OSK
Oshkosh Corp.
2.61% of portfolio
 		FN
Fabrinet
2.57% of portfolio
 		RLI
RLI Corp.
2.30% of portfolio
 		GGG
Graco Inc.
2.19% of portfolio
 		VSH
Vishay Intertechnology
2.14% of portfolio
 		ARW
Arrow Electronics
2.12% of portfolio
 		NJR
New Jersey Resources
2.09% of portfolio
2020   Q3$107 M IDCC
InterDigital Inc.
12.57% of portfolio
 		CNC
Centene Corp.
9.06% of portfolio
 		VG-OLD
Vonage Holdings Corp.
8.44% of portfolio
 		ACIW
ACI Worldwide Inc.
6.82% of portfolio
 		GPK
Graphic Packaging Hldg Co.
6.56% of portfolio
 		SAIC
Science Applications International Corp.
6.14% of portfolio
 		THS
TreeHouse Foods
5.92% of portfolio
 		NCR-OLD
NCR Corp.
5.15% of portfolio
 		WDC
Western Digital Corp.
4.20% of portfolio
 		CRI
Carters Inc.
3.74% of portfolio
 		DAN
Dana Inc.
3.27% of portfolio
 		NBL
Noble Energy Inc.
3.16% of portfolio
 		OSK
Oshkosh Corp.
2.57% of portfolio
 		VNOM
Viper Energy Inc.
2.56% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
2.50% of portfolio
 		ARW
Arrow Electronics
2.37% of portfolio
 		AGCO
AGCO Corp.
2.12% of portfolio
 		GLIBA
GCI Liberty Inc.
2.07% of portfolio
 		GNTX
Gentex Corp.
1.90% of portfolio
 		AMBA
Ambarella Inc.
1.90% of portfolio
2020   Q2$101 M IDCC
InterDigital Inc.
13.22% of portfolio
 		VG-OLD
Vonage Holdings Corp.
10.23% of portfolio
 		CNC
Centene Corp.
9.31% of portfolio
 		GPK
Graphic Packaging Hldg Co.
6.90% of portfolio
 		SAIC
Science Applications International Corp.
6.11% of portfolio
 		NBL
Noble Energy Inc.
5.35% of portfolio
 		ACIW
ACI Worldwide Inc.
5.14% of portfolio
 		THS
TreeHouse Foods
4.79% of portfolio
 		WDC
Western Digital Corp.
4.45% of portfolio
 		DAN
Dana Inc.
4.43% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
3.69% of portfolio
 		CRI
Carters Inc.
3.35% of portfolio
 		AGCO
AGCO Corp.
3.01% of portfolio
 		ARW
Arrow Electronics
2.99% of portfolio
 		PRG
PROG Holdings Inc.
2.98% of portfolio
 		OSK
Oshkosh Corp.
2.66% of portfolio
 		MKSI
MKS Instruments
2.09% of portfolio
 		CHNG-OLD
Change Healthcare Inc.
2.08% of portfolio
 		GNTX
Gentex Corp.
2.02% of portfolio
 		MTN
Vail Resorts Inc.
1.95% of portfolio
2020   Q1$97 M IDCC
InterDigital Inc.
10.79% of portfolio
 		CNC
Centene Corp.
8.37% of portfolio
 		VG-OLD
Vonage Holdings Corp.
7.90% of portfolio
 		NBL
Noble Energy Inc.
7.31% of portfolio
 		GPK
Graphic Packaging Hldg Co.
6.68% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
6.43% of portfolio
 		SAIC
Science Applications International Corp.
6.34% of portfolio
 		WDC
Western Digital Corp.
5.58% of portfolio
 		THS
TreeHouse Foods
5.43% of portfolio
 		ACIW
ACI Worldwide Inc.
4.76% of portfolio
 		DAN
Dana Inc.
4.33% of portfolio
 		OSK
Oshkosh Corp.
3.34% of portfolio
 		AMBA
Ambarella Inc.
3.31% of portfolio
 		PRG
PROG Holdings Inc.
3.19% of portfolio
 		CRI
Carters Inc.
2.83% of portfolio
 		ARW
Arrow Electronics
2.81% of portfolio
 		AGCO
AGCO Corp.
2.66% of portfolio
 		MTN
Vail Resorts Inc.
2.32% of portfolio
 		VNOM
Viper Energy Inc.
1.99% of portfolio
 		MKSI
MKS Instruments
1.83% of portfolio
2019   Q4$133 M NBL
Noble Energy Inc.
9.54% of portfolio
 		ALGT
Allegiant Travel Company
9.32% of portfolio
 		IDCC
InterDigital Inc.
8.87% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
6.80% of portfolio
 		CNC
Centene Corp.
5.03% of portfolio
 		PRG
PROG Holdings Inc.
4.93% of portfolio
 		DAN
Dana Inc.
4.85% of portfolio
 		WDC
Western Digital Corp.
4.80% of portfolio
 		CAKE
Cheesecake Factory
4.57% of portfolio
 		GPK
Graphic Packaging Hldg Co.
4.32% of portfolio
 		CRI
Carters Inc.
4.22% of portfolio
 		CFFN
Capitol Federal Financial
4.18% of portfolio
 		FHB
First Hawaiian Inc.
4.18% of portfolio
 		ARW
Arrow Electronics
3.61% of portfolio
 		ACIW
ACI Worldwide Inc.
3.34% of portfolio
 		MTN
Vail Resorts Inc.
2.75% of portfolio
 		SAIC
Science Applications International Corp.
2.41% of portfolio
 		MKSI
MKS Instruments
2.35% of portfolio
 		AMBA
Ambarella Inc.
2.28% of portfolio
 		VMI
Valmont Industries
1.96% of portfolio
2019   Q3$135 M NBL
Noble Energy Inc.
8.51% of portfolio
 		IDCC
InterDigital Inc.
8.43% of portfolio
 		ALGT
Allegiant Travel Company
7.90% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
6.57% of portfolio
 		CFFN
Capitol Federal Financial
5.44% of portfolio
 		PRG
PROG Holdings Inc.
5.16% of portfolio
 		DAN
Dana Inc.
5.15% of portfolio
 		GPK
Graphic Packaging Hldg Co.
4.86% of portfolio
 		CAKE
Cheesecake Factory
4.84% of portfolio
 		ARW
Arrow Electronics
4.73% of portfolio
 		FHB
First Hawaiian Inc.
3.96% of portfolio
 		WDC
Western Digital Corp.
3.72% of portfolio
 		MKSI
MKS Instruments
3.58% of portfolio
 		AMBA
Ambarella Inc.
3.58% of portfolio
 		CRI
Carters Inc.
3.47% of portfolio
 		AVT
Avnet Inc.
3.19% of portfolio
 		CISN
Cision Ltd.
2.96% of portfolio
 		MTN
Vail Resorts Inc.
2.57% of portfolio
 		AGCO
AGCO Corp.
2.29% of portfolio
 		XPRO
Expro Group Holdings NV
1.92% of portfolio
2019   Q2$169 M XEC
Cimarex Energy Co.
7.86% of portfolio
 		IDCC
InterDigital Inc.
7.20% of portfolio
 		ALGT
Allegiant Travel Company
6.86% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
5.79% of portfolio
 		WDC
Western Digital Corp.
5.26% of portfolio
 		CFFN
Capitol Federal Financial
5.09% of portfolio
 		DAN
Dana Inc.
5.07% of portfolio
 		NBL
Noble Energy Inc.
5.04% of portfolio
 		MKSI
MKS Instruments
4.49% of portfolio
 		AVT
Avnet Inc.
4.01% of portfolio
 		PRG
PROG Holdings Inc.
3.94% of portfolio
 		FHB
First Hawaiian Inc.
3.49% of portfolio
 		GPK
Graphic Packaging Hldg Co.
3.42% of portfolio
 		AGCO
AGCO Corp.
3.40% of portfolio
 		R
Ryder System
3.35% of portfolio
 		AMBA
Ambarella Inc.
3.35% of portfolio
 		VMI
Valmont Industries
3.34% of portfolio
 		CRI
Carters Inc.
3.19% of portfolio
 		CAKE
Cheesecake Factory
2.99% of portfolio
 		XPRO
Expro Group Holdings NV
2.76% of portfolio
2019   Q1$191 M WDC
Western Digital Corp.
7.90% of portfolio
 		XEC
Cimarex Energy Co.
7.18% of portfolio
 		AVT
Avnet Inc.
6.55% of portfolio
 		IDCC
InterDigital Inc.
5.63% of portfolio
 		ALGT
Allegiant Travel Company
5.48% of portfolio
 		XPRO
Expro Group Holdings NV
5.06% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
4.96% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.89% of portfolio
 		CFFN
Capitol Federal Financial
4.84% of portfolio
 		NBL
Noble Energy Inc.
4.45% of portfolio
 		AGCO
AGCO Corp.
4.34% of portfolio
 		SM
SM Energy Co.
3.85% of portfolio
 		AMBA
Ambarella Inc.
3.64% of portfolio
 		GPK
Graphic Packaging Hldg Co.
3.41% of portfolio
 		DAN
Dana Inc.
3.38% of portfolio
 		PRG
PROG Holdings Inc.
3.25% of portfolio
 		FHB
First Hawaiian Inc.
3.12% of portfolio
 		MKSI
MKS Instruments
2.93% of portfolio
 		CRI
Carters Inc.
2.28% of portfolio
 		R
Ryder System
2.25% of portfolio
2018   Q4$170 M WDC
Western Digital Corp.
7.52% of portfolio
 		XEC
Cimarex Energy Co.
7.10% of portfolio
 		AVT
Avnet Inc.
7.08% of portfolio
 		IDCC
InterDigital Inc.
6.95% of portfolio
 		ALGT
Allegiant Travel Company
6.78% of portfolio
 		SM
SM Energy Co.
6.73% of portfolio
 		NBL
Noble Energy Inc.
6.26% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
5.74% of portfolio
 		AGCO
AGCO Corp.
5.64% of portfolio
 		CFFN
Capitol Federal Financial
5.02% of portfolio
 		XPRO
Expro Group Holdings NV
4.77% of portfolio
 		ISBC-OLD
Investors Bancorp Inc.
4.52% of portfolio
 		RDC
Rowan Cos.
4.42% of portfolio
 		PRG
PROG Holdings Inc.
3.89% of portfolio
 		AMBA
Ambarella Inc.
3.37% of portfolio
 		GPK
Graphic Packaging Hldg Co.
3.22% of portfolio
 		CRI
Carters Inc.
2.33% of portfolio
 		CISN
Cision Ltd.
2.04% of portfolio
 		FHB
First Hawaiian Inc.
1.92% of portfolio
 		ARW
Arrow Electronics
1.84% of portfolio
2018   Q3$221 M XEC
Cimarex Energy Co.
8.49% of portfolio
 		WDC
Western Digital Corp.
8.05% of portfolio
 		ALGT
Allegiant Travel Company
7.72% of portfolio
 		ARRS
ARRIS International plc
7.20% of portfolio
 		IDCC
InterDigital Inc.
7.01% of portfolio
 		NBL
Noble Energy Inc.
6.50% of portfolio
 		SM
SM Energy Co.
6.33% of portfolio
 		AVT
Avnet Inc.
6.30% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
5.50% of portfolio
 		GPK
Graphic Packaging Hldg Co.
5.29% of portfolio
 		AGCO
AGCO Corp.
4.73% of portfolio
 		XPRO
Expro Group Holdings NV
4.07% of portfolio
 		RDC
Rowan Cos.
3.77% of portfolio
 		CFFN
Capitol Federal Financial
3.69% of portfolio
 		DAN
Dana Inc.
3.50% of portfolio
 		GNTX
Gentex Corp.
3.37% of portfolio
 		PRG
PROG Holdings Inc.
3.13% of portfolio
 		SAVE
Spirit Airlines
1.98% of portfolio
 		CISN
Cision Ltd.
1.92% of portfolio
 		ARW
Arrow Electronics
1.44% of portfolio
2018   Q2$242 M XEC
Cimarex Energy Co.
8.61% of portfolio
 		SM
SM Energy Co.
8.51% of portfolio
 		IDCC
InterDigital Inc.
7.90% of portfolio
 		WDC
Western Digital Corp.
7.42% of portfolio
 		AVT
Avnet Inc.
7.23% of portfolio
 		ALGT
Allegiant Travel Company
7.18% of portfolio
 		ARRS
ARRIS International plc
7.05% of portfolio
 		RDC
Rowan Cos.
5.60% of portfolio
 		NBL
Noble Energy Inc.
5.45% of portfolio
 		PRG
PROG Holdings Inc.
4.61% of portfolio
 		SAVE
Spirit Airlines
4.45% of portfolio
 		GPK
Graphic Packaging Hldg Co.
3.93% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
3.80% of portfolio
 		CFFN
Capitol Federal Financial
3.47% of portfolio
 		TEN-OLD
Tenneco Inc.
3.46% of portfolio
 		AGCO
AGCO Corp.
3.26% of portfolio
 		VECO
Veeco Instruments
2.81% of portfolio
 		GNTX
Gentex Corp.
2.14% of portfolio
 		CISN
Cision Ltd.
2.08% of portfolio
 		MATX
Matson Inc.
0.85% of portfolio
2018   Q1$266 M WDC
Western Digital Corp.
8.06% of portfolio
 		XEC
Cimarex Energy Co.
7.05% of portfolio
 		ARRS
ARRIS International plc
6.98% of portfolio
 		IDCC
InterDigital Inc.
6.95% of portfolio
 		NBL
Noble Energy Inc.
6.94% of portfolio
 		ALGT
Allegiant Travel Company
6.78% of portfolio
 		AVT
Avnet Inc.
6.75% of portfolio
 		SM
SM Energy Co.
6.73% of portfolio
 		PRG
PROG Holdings Inc.
5.17% of portfolio
 		RDC
Rowan Cos.
4.89% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
3.80% of portfolio
 		VECO
Veeco Instruments
3.05% of portfolio
 		TEN-OLD
Tenneco Inc.
3.04% of portfolio
 		CFFN
Capitol Federal Financial
2.90% of portfolio
 		SAVE
Spirit Airlines
2.80% of portfolio
 		HP
Helmerich & Payne
2.79% of portfolio
 		ARW
Arrow Electronics
2.49% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
2.41% of portfolio
 		XPRO
Expro Group Holdings NV
1.99% of portfolio
 		AGCO
AGCO Corp.
1.89% of portfolio
2017   Q4$283 M XEC
Cimarex Energy Co.
9.18% of portfolio
 		NBL
Noble Energy Inc.
8.41% of portfolio
 		WDC
Western Digital Corp.
7.30% of portfolio
 		AVT
Avnet Inc.
7.23% of portfolio
 		IDCC
InterDigital Inc.
6.99% of portfolio
 		SM
SM Energy Co.
6.76% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
6.60% of portfolio
 		ALGT
Allegiant Travel Company
6.36% of portfolio
 		RDC
Rowan Cos.
5.83% of portfolio
 		ARRS
ARRIS International plc
5.79% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
4.51% of portfolio
 		SAVE
Spirit Airlines
4.24% of portfolio
 		PRG
PROG Holdings Inc.
3.86% of portfolio
 		HP
Helmerich & Payne
3.69% of portfolio
 		ARW
Arrow Electronics
3.58% of portfolio
 		VECO
Veeco Instruments
2.45% of portfolio
 		TEN-OLD
Tenneco Inc.
2.01% of portfolio
 		AGCO
AGCO Corp.
1.95% of portfolio
 		CUB
Cubic Corp.
1.84% of portfolio
 		CFFN
Capitol Federal Financial
1.45% of portfolio
2017   Q3$306 M ARRS
ARRIS International plc
10.02% of portfolio
 		WDC
Western Digital Corp.
9.36% of portfolio
 		XEC
Cimarex Energy Co.
7.99% of portfolio
 		NBL
Noble Energy Inc.
7.66% of portfolio
 		AVT
Avnet Inc.
7.10% of portfolio
 		ALGT
Allegiant Travel Company
6.10% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
6.03% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
5.63% of portfolio
 		HP
Helmerich & Payne
5.24% of portfolio
 		SM
SM Energy Co.
5.08% of portfolio
 		ARW
Arrow Electronics
4.42% of portfolio
 		VECO
Veeco Instruments
4.41% of portfolio
 		IDCC
InterDigital Inc.
4.33% of portfolio
 		PRG
PROG Holdings Inc.
4.22% of portfolio
 		CUB
Cubic Corp.
3.77% of portfolio
 		DAN
Dana Inc.
2.73% of portfolio
 		AGCO
AGCO Corp.
2.65% of portfolio
 		FL
Foot Locker Inc.
1.91% of portfolio
 		FII-OLD
Federated Investors Inc.
1.35% of portfolio
2017   Q2$360 M ARRS
ARRIS International plc
9.57% of portfolio
 		WDC
Western Digital Corp.
9.24% of portfolio
 		BW
Babcock & Wilcox Enterprises
7.14% of portfolio
 		AVT
Avnet Inc.
6.67% of portfolio
 		NBL
Noble Energy Inc.
6.26% of portfolio
 		PRG
PROG Holdings Inc.
5.93% of portfolio
 		XEC
Cimarex Energy Co.
5.71% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
5.52% of portfolio
 		ARW
Arrow Electronics
4.34% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.32% of portfolio
 		VECO
Veeco Instruments
4.09% of portfolio
 		SM
SM Energy Co.
3.84% of portfolio
 		HP
Helmerich & Payne
3.77% of portfolio
 		IDCC
InterDigital Inc.
3.73% of portfolio
 		RDC
Rowan Cos.
3.43% of portfolio
 		DAN
Dana Inc.
3.17% of portfolio
 		AGCO
AGCO Corp.
2.80% of portfolio
 		CUB
Cubic Corp.
2.77% of portfolio
 		ALGT
Allegiant Travel Company
2.46% of portfolio
 		VSTO
Vista Outdoor Inc.
2.29% of portfolio
2017   Q1$500 M WDC
Western Digital Corp.
11.94% of portfolio
 		ARRS
ARRIS International plc
8.36% of portfolio
 		AVT
Avnet Inc.
7.94% of portfolio
 		PRG
PROG Holdings Inc.
6.76% of portfolio
 		NBL
Noble Energy Inc.
5.80% of portfolio
 		VECO
Veeco Instruments
4.84% of portfolio
 		XEC
Cimarex Energy Co.
4.69% of portfolio
 		DAN
Dana Inc.
4.41% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
4.40% of portfolio
 		BW
Babcock & Wilcox Enterprises
4.27% of portfolio
 		ARW
Arrow Electronics
4.10% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
3.99% of portfolio
 		ATGE
Adtalem Global Education
3.97% of portfolio
 		IDCC
InterDigital Inc.
3.86% of portfolio
 		CUB
Cubic Corp.
3.02% of portfolio
 		RDC
Rowan Cos.
3.01% of portfolio
 		AGCO
AGCO Corp.
3.00% of portfolio
 		HP
Helmerich & Payne
2.80% of portfolio
 		SM
SM Energy Co.
2.23% of portfolio
 		VSTO
Vista Outdoor Inc.
2.02% of portfolio
2016   Q4$522 M WDC
Western Digital Corp.
10.77% of portfolio
 		ARRS
ARRIS International plc
8.65% of portfolio
 		AVT
Avnet Inc.
7.92% of portfolio
 		PRG
PROG Holdings Inc.
7.30% of portfolio
 		BW
Babcock & Wilcox Enterprises
6.22% of portfolio
 		NBL
Noble Energy Inc.
6.16% of portfolio
 		DAN
Dana Inc.
5.82% of portfolio
 		ATGE
Adtalem Global Education
5.14% of portfolio
 		XEC
Cimarex Energy Co.
4.87% of portfolio
 		VECO
Veeco Instruments
4.53% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.24% of portfolio
 		IDCC
InterDigital Inc.
4.21% of portfolio
 		ARW
Arrow Electronics
3.81% of portfolio
 		AGCO
AGCO Corp.
3.47% of portfolio
 		HP
Helmerich & Payne
3.13% of portfolio
 		RDC
Rowan Cos.
3.01% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
2.98% of portfolio
 		CUB
Cubic Corp.
2.63% of portfolio
 		SM
SM Energy Co.
1.98% of portfolio
 		OSK
Oshkosh Corp.
1.57% of portfolio
2016   Q3$543 M WDC
Western Digital Corp.
9.98% of portfolio
 		ARRS
ARRIS International plc
8.06% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
6.36% of portfolio
 		NBL
Noble Energy Inc.
6.05% of portfolio
 		AVT
Avnet Inc.
5.80% of portfolio
 		PRG
PROG Holdings Inc.
5.54% of portfolio
 		DAN
Dana Inc.
5.47% of portfolio
 		IDCC
InterDigital Inc.
5.15% of portfolio
 		ATGE
Adtalem Global Education
5.01% of portfolio
 		XEC
Cimarex Energy Co.
5.00% of portfolio
 		HP
Helmerich & Payne
4.91% of portfolio
 		BW
Babcock & Wilcox Enterprises
4.86% of portfolio
 		RDC
Rowan Cos.
4.01% of portfolio
 		ARW
Arrow Electronics
3.60% of portfolio
 		VECO
Veeco Instruments
3.54% of portfolio
 		AGCO
AGCO Corp.
3.32% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
3.22% of portfolio
 		SM
SM Energy Co.
2.58% of portfolio
 		CUB
Cubic Corp.
2.47% of portfolio
 		APOL
Apollo Education Group Inc.
2.34% of portfolio
2016   Q2$529 M WDC
Western Digital Corp.
9.09% of portfolio
 		IDCC
InterDigital Inc.
7.51% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
7.31% of portfolio
 		ARRS
ARRIS International plc
7.00% of portfolio
 		XEC
Cimarex Energy Co.
6.41% of portfolio
 		NBL
Noble Energy Inc.
6.24% of portfolio
 		HP
Helmerich & Payne
5.78% of portfolio
 		AVT
Avnet Inc.
5.24% of portfolio
 		PRG
PROG Holdings Inc.
4.90% of portfolio
 		DAN
Dana Inc.
4.22% of portfolio
 		APOL
Apollo Education Group Inc.
4.20% of portfolio
 		ATGE
Adtalem Global Education
4.19% of portfolio
 		RDC
Rowan Cos.
4.05% of portfolio
 		ARW
Arrow Electronics
3.57% of portfolio
 		HMHC-OLD
Houghton Mifflin Harcourt Co.
3.42% of portfolio
 		AGCO
AGCO Corp.
3.26% of portfolio
 		BW
Babcock & Wilcox Enterprises
3.05% of portfolio
 		VECO
Veeco Instruments
3.01% of portfolio
 		SM
SM Energy Co.
2.66% of portfolio
 		CUB
Cubic Corp.
2.17% of portfolio
2016   Q1$537 M WDC
Western Digital Corp.
7.50% of portfolio
 		IDCC
InterDigital Inc.
7.39% of portfolio
 		ARRS
ARRIS International plc
7.32% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
6.73% of portfolio
 		XEC
Cimarex Energy Co.
5.72% of portfolio
 		HP
Helmerich & Payne
5.68% of portfolio
 		NBL
Noble Energy Inc.
5.60% of portfolio
 		APOL
Apollo Education Group Inc.
5.50% of portfolio
 		AVT
Avnet Inc.
5.37% of portfolio
 		PRG
PROG Holdings Inc.
4.93% of portfolio
 		DAN
Dana Inc.
4.89% of portfolio
 		RDC
Rowan Cos.
4.62% of portfolio
 		ATGE
Adtalem Global Education
4.51% of portfolio
 		ARW
Arrow Electronics
4.47% of portfolio
 		AGCO
AGCO Corp.
3.70% of portfolio
 		BW
Babcock & Wilcox Enterprises
3.64% of portfolio
 		VECO
Veeco Instruments
3.28% of portfolio
 		SM
SM Energy Co.
2.76% of portfolio
 		CUB
Cubic Corp.
2.13% of portfolio
 		OSK
Oshkosh Corp.
1.83% of portfolio
2015   Q4$611 M ARRS
ARRIS International plc
8.58% of portfolio
 		ATGE
Adtalem Global Education
6.49% of portfolio
 		HP
Helmerich & Payne
6.42% of portfolio
 		IDCC
InterDigital Inc.
6.34% of portfolio
 		APOL
Apollo Education Group Inc.
6.26% of portfolio
 		NBL
Noble Energy Inc.
6.07% of portfolio
 		XEC
Cimarex Energy Co.
5.84% of portfolio
 		WDC
Western Digital Corp.
5.81% of portfolio
 		RDC
Rowan Cos.
5.39% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.95% of portfolio
 		AVT
Avnet Inc.
4.81% of portfolio
 		AGCO
AGCO Corp.
4.30% of portfolio
 		ARW
Arrow Electronics
4.21% of portfolio
 		DAN
Dana Inc.
4.19% of portfolio
 		PRG
PROG Holdings Inc.
3.41% of portfolio
 		BW
Babcock & Wilcox Enterprises
2.89% of portfolio
 		VECO
Veeco Instruments
2.80% of portfolio
 		OSK
Oshkosh Corp.
2.79% of portfolio
 		SM
SM Energy Co.
2.65% of portfolio
 		CUB
Cubic Corp.
2.21% of portfolio
2015   Q3$676 M ARRS
ARRIS International plc
7.23% of portfolio
 		WDC
Western Digital Corp.
6.94% of portfolio
 		AVT
Avnet Inc.
6.93% of portfolio
 		ATGE
Adtalem Global Education
6.21% of portfolio
 		XEC
Cimarex Energy Co.
6.19% of portfolio
 		IDCC
InterDigital Inc.
6.06% of portfolio
 		ARW
Arrow Electronics
5.59% of portfolio
 		APOL
Apollo Education Group Inc.
5.36% of portfolio
 		HP
Helmerich & Payne
5.23% of portfolio
 		NBL
Noble Energy Inc.
4.74% of portfolio
 		RDC
Rowan Cos.
4.74% of portfolio
 		DAN
Dana Inc.
4.28% of portfolio
 		PRG
PROG Holdings Inc.
4.06% of portfolio
 		AGCO
AGCO Corp.
3.87% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
3.68% of portfolio
 		SM
SM Energy Co.
3.50% of portfolio
 		VECO
Veeco Instruments
2.40% of portfolio
 		OSK
Oshkosh Corp.
2.35% of portfolio
 		FL
Foot Locker Inc.
2.08% of portfolio
 		BW
Babcock & Wilcox Enterprises
2.04% of portfolio
2015   Q2$696 M ARRS
ARRIS International plc
8.27% of portfolio
 		AVT
Avnet Inc.
6.48% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
6.31% of portfolio
 		XEC
Cimarex Energy Co.
6.31% of portfolio
 		IDCC
InterDigital Inc.
6.26% of portfolio
 		WDC
Western Digital Corp.
6.08% of portfolio
 		RDC
Rowan Cos.
6.02% of portfolio
 		HP
Helmerich & Payne
5.62% of portfolio
 		APOL
Apollo Education Group Inc.
5.56% of portfolio
 		ATGE
Adtalem Global Education
5.40% of portfolio
 		ARW
Arrow Electronics
5.34% of portfolio
 		PRG
PROG Holdings Inc.
4.43% of portfolio
 		AGCO
AGCO Corp.
4.28% of portfolio
 		ATW
Atwood Oceanics Inc.
4.04% of portfolio
 		BWXT
BWX Technologies Inc.
3.35% of portfolio
 		DAN
Dana Inc.
3.29% of portfolio
 		OSK
Oshkosh Corp.
2.53% of portfolio
 		FL
Foot Locker Inc.
2.17% of portfolio
 		CUB
Cubic Corp.
1.86% of portfolio
 		SM
SM Energy Co.
1.86% of portfolio
2015   Q1$798 M ARRS
ARRIS International plc
8.22% of portfolio
 		XEC
Cimarex Energy Co.
7.50% of portfolio
 		AVT
Avnet Inc.
7.36% of portfolio
 		WDC
Western Digital Corp.
6.54% of portfolio
 		RDC
Rowan Cos.
6.12% of portfolio
 		IDCC
InterDigital Inc.
6.07% of portfolio
 		ARW
Arrow Electronics
6.04% of portfolio
 		HP
Helmerich & Payne
5.56% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
5.47% of portfolio
 		ATGE
Adtalem Global Education
4.80% of portfolio
 		APOL
Apollo Education Group Inc.
3.96% of portfolio
 		ATW
Atwood Oceanics Inc.
3.75% of portfolio
 		SM
SM Energy Co.
3.34% of portfolio
 		OSK
Oshkosh Corp.
3.26% of portfolio
 		AGCO
AGCO Corp.
3.13% of portfolio
 		PRG
PROG Holdings Inc.
3.02% of portfolio
 		BWXT
BWX Technologies Inc.
2.86% of portfolio
 		FL
Foot Locker Inc.
2.26% of portfolio
 		DAN
Dana Inc.
2.09% of portfolio
 		TRN
Trinity Industries
1.90% of portfolio
2014   Q4$882 M ARRS
ARRIS International plc
7.77% of portfolio
 		WDC
Western Digital Corp.
7.20% of portfolio
 		RDC
Rowan Cos.
7.08% of portfolio
 		IDCC
InterDigital Inc.
6.89% of portfolio
 		AVT
Avnet Inc.
6.79% of portfolio
 		APOL
Apollo Education Group Inc.
6.46% of portfolio
 		ARW
Arrow Electronics
6.36% of portfolio
 		ATGE
Adtalem Global Education
6.18% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
5.49% of portfolio
 		ATW
Atwood Oceanics Inc.
5.30% of portfolio
 		VAL
Valaris plc
4.76% of portfolio
 		SM
SM Energy Co.
3.53% of portfolio
 		XEC
Cimarex Energy Co.
3.39% of portfolio
 		PRG
PROG Holdings Inc.
2.95% of portfolio
 		OSK
Oshkosh Corp.
2.94% of portfolio
 		AGCO
AGCO Corp.
2.69% of portfolio
 		BWXT
BWX Technologies Inc.
2.44% of portfolio
 		FL
Foot Locker Inc.
2.20% of portfolio
 		CNC
Centene Corp.
1.89% of portfolio
 		CUB
Cubic Corp.
1.63% of portfolio
2014   Q3$926 M ROSE-OLD
Rosetta Resources Inc.
7.02% of portfolio
 		AVT
Avnet Inc.
6.91% of portfolio
 		ARW
Arrow Electronics
6.75% of portfolio
 		WDC
Western Digital Corp.
6.70% of portfolio
 		RDC
Rowan Cos.
6.45% of portfolio
 		ARRS
ARRIS International plc
6.30% of portfolio
 		APOL
Apollo Education Group Inc.
6.12% of portfolio
 		IDCC
InterDigital Inc.
5.89% of portfolio
 		ATW
Atwood Oceanics Inc.
5.86% of portfolio
 		VAL
Valaris plc
5.58% of portfolio
 		ATGE
Adtalem Global Education
5.24% of portfolio
 		SM
SM Energy Co.
3.78% of portfolio
 		XEC
Cimarex Energy Co.
3.35% of portfolio
 		FL
Foot Locker Inc.
2.76% of portfolio
 		OSK
Oshkosh Corp.
2.50% of portfolio
 		TRN
Trinity Industries
2.16% of portfolio
 		CNC
Centene Corp.
2.10% of portfolio
 		PRG
PROG Holdings Inc.
2.08% of portfolio
 		TWI
Titan International Inc.
2.00% of portfolio
 		HP
Helmerich & Payne
1.67% of portfolio
2014   Q2$1.03 B ROSE-OLD
Rosetta Resources Inc.
7.76% of portfolio
 		AVT
Avnet Inc.
6.62% of portfolio
 		ARW
Arrow Electronics
6.61% of portfolio
 		RDC
Rowan Cos.
6.56% of portfolio
 		APOL
Apollo Education Group Inc.
6.38% of portfolio
 		IDCC
InterDigital Inc.
6.04% of portfolio
 		ARRS
ARRIS International plc
5.77% of portfolio
 		WDC
Western Digital Corp.
5.71% of portfolio
 		ATW
Atwood Oceanics Inc.
5.49% of portfolio
 		VAL
Valaris plc
5.13% of portfolio
 		ATGE
Adtalem Global Education
4.65% of portfolio
 		OSK
Oshkosh Corp.
2.82% of portfolio
 		NFX
Newfield Exploration
2.78% of portfolio
 		FL
Foot Locker Inc.
2.78% of portfolio
 		SM
SM Energy Co.
2.46% of portfolio
 		XEC
Cimarex Energy Co.
2.45% of portfolio
 		TWI
Titan International Inc.
2.07% of portfolio
 		HP
Helmerich & Payne
2.00% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
1.99% of portfolio
 		TRN
Trinity Industries
1.91% of portfolio
2014   Q1$931 M ARW
Arrow Electronics
8.00% of portfolio
 		AVT
Avnet Inc.
7.71% of portfolio
 		RDC
Rowan Cos.
7.47% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
6.70% of portfolio
 		APOL
Apollo Education Group Inc.
6.57% of portfolio
 		WDC
Western Digital Corp.
5.95% of portfolio
 		ATW
Atwood Oceanics Inc.
5.37% of portfolio
 		ATGE
Adtalem Global Education
5.25% of portfolio
 		VAL
Valaris plc
5.10% of portfolio
 		ARRS
ARRIS International plc
4.62% of portfolio
 		IDCC
InterDigital Inc.
4.18% of portfolio
 		OSK
Oshkosh Corp.
3.53% of portfolio
 		FL
Foot Locker Inc.
2.95% of portfolio
 		BHI
Baker Hughes OLD
2.56% of portfolio
 		NFX
Newfield Exploration
2.43% of portfolio
 		XEC
Cimarex Energy Co.
2.37% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
2.34% of portfolio
 		SM
SM Energy Co.
2.31% of portfolio
 		TRN
Trinity Industries
2.22% of portfolio
 		HP
Helmerich & Payne
2.05% of portfolio
2013   Q4$861 M ARW
Arrow Electronics
9.55% of portfolio
 		AVT
Avnet Inc.
9.08% of portfolio
 		RDC
Rowan Cos.
8.48% of portfolio
 		WDC
Western Digital Corp.
6.31% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
5.91% of portfolio
 		APOL
Apollo Education Group Inc.
5.65% of portfolio
 		VAL
Valaris plc
4.85% of portfolio
 		ATGE
Adtalem Global Education
4.50% of portfolio
 		ATW
Atwood Oceanics Inc.
4.46% of portfolio
 		ARRS
ARRIS International plc
4.09% of portfolio
 		OSK
Oshkosh Corp.
4.07% of portfolio
 		IDCC
InterDigital Inc.
3.63% of portfolio
 		FL
Foot Locker Inc.
3.12% of portfolio
 		SM
SM Energy Co.
2.94% of portfolio
 		BHI
Baker Hughes OLD
2.75% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
2.36% of portfolio
 		XEC
Cimarex Energy Co.
2.24% of portfolio
 		NFX
Newfield Exploration
2.17% of portfolio
 		HP
Helmerich & Payne
1.93% of portfolio
 		FII-OLD
Federated Investors Inc.
1.86% of portfolio
2013   Q3$799 M ROSE-OLD
Rosetta Resources Inc.
9.67% of portfolio
 		RDC
Rowan Cos.
9.49% of portfolio
 		AVT
Avnet Inc.
9.25% of portfolio
 		ARW
Arrow Electronics
9.20% of portfolio
 		WDC
Western Digital Corp.
6.28% of portfolio
 		VAL
Valaris plc
5.67% of portfolio
 		APOL
Apollo Education Group Inc.
4.64% of portfolio
 		OSK
Oshkosh Corp.
4.40% of portfolio
 		IDCC
InterDigital Inc.
4.30% of portfolio
 		ATGE
Adtalem Global Education
4.17% of portfolio
 		SM
SM Energy Co.
3.30% of portfolio
 		NFX
Newfield Exploration
3.24% of portfolio
 		FL
Foot Locker Inc.
2.90% of portfolio
 		ARRS
ARRIS International plc
2.80% of portfolio
 		BHI
Baker Hughes OLD
2.63% of portfolio
 		XEC
Cimarex Energy Co.
2.24% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
2.15% of portfolio
 		RS
Reliance Steel & Aluminum
1.92% of portfolio
 		ATW
Atwood Oceanics Inc.
1.91% of portfolio
 		FII-OLD
Federated Investors Inc.
1.89% of portfolio
2013   Q2$803 M ARW
Arrow Electronics
10.52% of portfolio
 		AVT
Avnet Inc.
9.76% of portfolio
 		RDC
Rowan Cos.
9.58% of portfolio
 		WDC
Western Digital Corp.
7.81% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
7.63% of portfolio
 		VAL
Valaris plc
6.10% of portfolio
 		IDCC
InterDigital Inc.
5.12% of portfolio
 		OSK
Oshkosh Corp.
5.11% of portfolio
 		ATGE
Adtalem Global Education
3.92% of portfolio
 		APOL
Apollo Education Group Inc.
3.69% of portfolio
 		NFX
Newfield Exploration
3.23% of portfolio
 		FL
Foot Locker Inc.
2.99% of portfolio
 		SM
SM Energy Co.
2.55% of portfolio
 		BHI
Baker Hughes OLD
2.46% of portfolio
 		RS
Reliance Steel & Aluminum
2.13% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
1.94% of portfolio
 		FII-OLD
Federated Investors Inc.
1.89% of portfolio
 		ATW
Atwood Oceanics Inc.
1.80% of portfolio
 		SIG
Signet Jewelers Ltd.
1.75% of portfolio
 		TRN
Trinity Industries
1.69% of portfolio
2013   Q1$855 M RDC
Rowan Cos.
10.76% of portfolio
 		ARW
Arrow Electronics
10.07% of portfolio
 		AVT
Avnet Inc.
9.87% of portfolio
 		WDC
Western Digital Corp.
8.64% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.02% of portfolio
 		OSK
Oshkosh Corp.
6.29% of portfolio
 		VAL
Valaris plc
5.91% of portfolio
 		IDCC
InterDigital Inc.
5.15% of portfolio
 		ATGE
Adtalem Global Education
3.77% of portfolio
 		NFX
Newfield Exploration
2.85% of portfolio
 		FL
Foot Locker Inc.
2.73% of portfolio
 		APOL
Apollo Education Group Inc.
2.57% of portfolio
 		SM
SM Energy Co.
2.37% of portfolio
 		BHI
Baker Hughes OLD
2.33% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
2.24% of portfolio
 		RS
Reliance Steel & Aluminum
2.18% of portfolio
 		TRN
Trinity Industries
1.87% of portfolio
 		SIG
Signet Jewelers Ltd.
1.72% of portfolio
 		ATW
Atwood Oceanics Inc.
1.70% of portfolio
 		XEC
Cimarex Energy Co.
1.64% of portfolio
2012   Q4$830 M WDC
Western Digital Corp.
10.32% of portfolio
 		RDC
Rowan Cos.
9.81% of portfolio
 		ARW
Arrow Electronics
9.73% of portfolio
 		VAL
Valaris plc
8.60% of portfolio
 		AVT
Avnet Inc.
8.60% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.42% of portfolio
 		TRN
Trinity Industries
6.11% of portfolio
 		IDCC
InterDigital Inc.
4.56% of portfolio
 		OSK
Oshkosh Corp.
4.53% of portfolio
 		NFX
Newfield Exploration
3.51% of portfolio
 		ATGE
Adtalem Global Education
2.82% of portfolio
 		FL
Foot Locker Inc.
2.64% of portfolio
 		SIG
Signet Jewelers Ltd.
2.63% of portfolio
 		SM
SM Energy Co.
2.15% of portfolio
 		BHI
Baker Hughes OLD
2.11% of portfolio
 		RS
Reliance Steel & Aluminum
2.06% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
1.90% of portfolio
 		ATW
Atwood Oceanics Inc.
1.53% of portfolio
 		VECO
Veeco Instruments
1.50% of portfolio
 		FII-OLD
Federated Investors Inc.
1.35% of portfolio
2012   Q3$833 M RDC
Rowan Cos.
10.55% of portfolio
 		VAL
Valaris plc
9.51% of portfolio
 		WDC
Western Digital Corp.
9.37% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.86% of portfolio
 		ARW
Arrow Electronics
8.58% of portfolio
 		AVT
Avnet Inc.
8.14% of portfolio
 		TRN
Trinity Industries
6.78% of portfolio
 		OSK
Oshkosh Corp.
4.17% of portfolio
 		IDCC
InterDigital Inc.
4.12% of portfolio
 		NFX
Newfield Exploration
4.09% of portfolio
 		SIG
Signet Jewelers Ltd.
3.41% of portfolio
 		FL
Foot Locker Inc.
2.91% of portfolio
 		ATGE
Adtalem Global Education
2.70% of portfolio
 		BHI
Baker Hughes OLD
2.33% of portfolio
 		SM
SM Energy Co.
2.22% of portfolio
 		RS
Reliance Steel & Aluminum
1.73% of portfolio
 		ATW
Atwood Oceanics Inc.
1.68% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
1.61% of portfolio
 		FII-OLD
Federated Investors Inc.
1.45% of portfolio
 		XEC
Cimarex Energy Co.
1.31% of portfolio
2012   Q2$798 M RDC
Rowan Cos.
10.64% of portfolio
 		VAL
Valaris plc
9.71% of portfolio
 		AVT
Avnet Inc.
9.01% of portfolio
 		ARW
Arrow Electronics
8.72% of portfolio
 		WDC
Western Digital Corp.
7.70% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
7.07% of portfolio
 		TRN
Trinity Industries
5.90% of portfolio
 		NFX
Newfield Exploration
3.99% of portfolio
 		SIG
Signet Jewelers Ltd.
3.82% of portfolio
 		IDCC
InterDigital Inc.
3.40% of portfolio
 		OSK
Oshkosh Corp.
3.32% of portfolio
 		FL
Foot Locker Inc.
3.28% of portfolio
 		AGP
AMERIGROUP Corp.
3.08% of portfolio
 		ATGE
Adtalem Global Education
2.65% of portfolio
 		BHI
Baker Hughes OLD
2.21% of portfolio
 		SM
SM Energy Co.
2.10% of portfolio
 		VECO
Veeco Instruments
2.00% of portfolio
 		ATW
Atwood Oceanics Inc.
2.00% of portfolio
 		FII-OLD
Federated Investors Inc.
1.86% of portfolio
 		RS
Reliance Steel & Aluminum
1.74% of portfolio
2012   Q1$887 M ARW
Arrow Electronics
10.03% of portfolio
 		VAL
Valaris plc
9.85% of portfolio
 		RDC
Rowan Cos.
9.75% of portfolio
 		AVT
Avnet Inc.
9.56% of portfolio
 		WDC
Western Digital Corp.
9.40% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.47% of portfolio
 		TRN
Trinity Industries
7.00% of portfolio
 		FL
Foot Locker Inc.
3.94% of portfolio
 		SIG
Signet Jewelers Ltd.
3.69% of portfolio
 		OSK
Oshkosh Corp.
3.31% of portfolio
 		AGP
AMERIGROUP Corp.
2.83% of portfolio
 		SM
SM Energy Co.
2.73% of portfolio
 		NFX
Newfield Exploration
2.52% of portfolio
 		ATW
Atwood Oceanics Inc.
2.14% of portfolio
 		IDCC
InterDigital Inc.
2.04% of portfolio
 		BHI
Baker Hughes OLD
2.03% of portfolio
 		RS
Reliance Steel & Aluminum
1.75% of portfolio
 		FII-OLD
Federated Investors Inc.
1.71% of portfolio
 		XEC
Cimarex Energy Co.
1.58% of portfolio
 		VECO
Veeco Instruments
1.50% of portfolio
2011   Q4$864 M VAL
Valaris plc
10.33% of portfolio
 		ARW
Arrow Electronics
9.67% of portfolio
 		RDC
Rowan Cos.
9.25% of portfolio
 		AVT
Avnet Inc.
8.84% of portfolio
 		TRN
Trinity Industries
7.84% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
7.81% of portfolio
 		WDC
Western Digital Corp.
7.23% of portfolio
 		FL
Foot Locker Inc.
5.01% of portfolio
 		SIG
Signet Jewelers Ltd.
4.35% of portfolio
 		AGP
AMERIGROUP Corp.
3.40% of portfolio
 		OSK
Oshkosh Corp.
3.14% of portfolio
 		ATW
Atwood Oceanics Inc.
2.90% of portfolio
 		SM
SM Energy Co.
2.89% of portfolio
 		NFX
Newfield Exploration
2.82% of portfolio
 		BHI
Baker Hughes OLD
2.41% of portfolio
 		IDCC
InterDigital Inc.
1.85% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
1.70% of portfolio
 		XEC
Cimarex Energy Co.
1.65% of portfolio
 		RS
Reliance Steel & Aluminum
1.55% of portfolio
 		HP
Helmerich & Payne
1.21% of portfolio
2011   Q3$714 M RDC
Rowan Cos.
11.13% of portfolio
 		VAL
Valaris plc
10.76% of portfolio
 		AVT
Avnet Inc.
8.96% of portfolio
 		ARW
Arrow Electronics
8.68% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.20% of portfolio
 		WDC
Western Digital Corp.
6.92% of portfolio
 		TRN
Trinity Industries
6.75% of portfolio
 		FL
Foot Locker Inc.
5.97% of portfolio
 		SIG
Signet Jewelers Ltd.
4.05% of portfolio
 		NFX
Newfield Exploration
3.52% of portfolio
 		ATW
Atwood Oceanics Inc.
3.37% of portfolio
 		SM
SM Energy Co.
3.06% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
2.85% of portfolio
 		BHI
Baker Hughes OLD
2.77% of portfolio
 		OSK
Oshkosh Corp.
2.74% of portfolio
 		AGP
AMERIGROUP Corp.
2.42% of portfolio
 		XEC
Cimarex Energy Co.
1.79% of portfolio
 		FII-OLD
Federated Investors Inc.
1.67% of portfolio
 		RS
Reliance Steel & Aluminum
1.31% of portfolio
 		ARRS
ARRIS International plc
0.87% of portfolio
2011   Q2$943 M RDC
Rowan Cos.
10.84% of portfolio
 		VAL
Valaris plc
10.75% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
9.95% of portfolio
 		ARW
Arrow Electronics
9.83% of portfolio
 		TRN
Trinity Industries
8.34% of portfolio
 		AVT
Avnet Inc.
8.30% of portfolio
 		WDC
Western Digital Corp.
7.42% of portfolio
 		FL
Foot Locker Inc.
5.35% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.37% of portfolio
 		SIG
Signet Jewelers Ltd.
4.25% of portfolio
 		BHI
Baker Hughes OLD
3.86% of portfolio
 		NFX
Newfield Exploration
3.46% of portfolio
 		ATW
Atwood Oceanics Inc.
3.28% of portfolio
 		SM
SM Energy Co.
2.81% of portfolio
 		XEC
Cimarex Energy Co.
2.19% of portfolio
 		OSK
Oshkosh Corp.
1.77% of portfolio
 		RS
Reliance Steel & Aluminum
1.45% of portfolio
 		ARRS
ARRIS International plc
0.74% of portfolio
 		CTRA
Coterra Energy Inc.
0.67% of portfolio
 		IDCC
InterDigital Inc.
0.40% of portfolio
2011   Q1$977 M RDC
Rowan Cos.
11.69% of portfolio
 		VAL
Valaris plc
11.08% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
9.59% of portfolio
 		ARW
Arrow Electronics
9.38% of portfolio
 		AVT
Avnet Inc.
8.41% of portfolio
 		TRN
Trinity Industries
8.35% of portfolio
 		WDC
Western Digital Corp.
7.18% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.98% of portfolio
 		FL
Foot Locker Inc.
4.41% of portfolio
 		SIG
Signet Jewelers Ltd.
3.93% of portfolio
 		BHI
Baker Hughes OLD
3.88% of portfolio
 		NFX
Newfield Exploration
3.63% of portfolio
 		ATW
Atwood Oceanics Inc.
3.21% of portfolio
 		SM
SM Energy Co.
2.66% of portfolio
 		XEC
Cimarex Energy Co.
2.65% of portfolio
 		PDE
Pride International
2.13% of portfolio
 		RS
Reliance Steel & Aluminum
1.59% of portfolio
 		ARRS
ARRIS International plc
0.76% of portfolio
 		CTRA
Coterra Energy Inc.
0.51% of portfolio
2010   Q4$906 M VAL
Valaris plc
11.02% of portfolio
 		RDC
Rowan Cos.
10.48% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
9.84% of portfolio
 		AVT
Avnet Inc.
9.24% of portfolio
 		ARW
Arrow Electronics
8.27% of portfolio
 		WDC
Western Digital Corp.
7.03% of portfolio
 		TRN
Trinity Industries
6.87% of portfolio
 		FL
Foot Locker Inc.
4.73% of portfolio
 		PDE
Pride International
4.69% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.60% of portfolio
 		SIG
Signet Jewelers Ltd.
4.40% of portfolio
 		BHI
Baker Hughes OLD
4.40% of portfolio
 		NFX
Newfield Exploration
3.91% of portfolio
 		ATW
Atwood Oceanics Inc.
2.79% of portfolio
 		SM
SM Energy Co.
2.40% of portfolio
 		XEC
Cimarex Energy Co.
2.31% of portfolio
 		RS
Reliance Steel & Aluminum
1.52% of portfolio
 		ARRS
ARRIS International plc
0.72% of portfolio
 		CTRA
Coterra Energy Inc.
0.39% of portfolio
 		CHRS-OLD
Charming Shoppes
0.39% of portfolio
2010   Q3$781 M VAL
Valaris plc
10.71% of portfolio
 		RDC
Rowan Cos.
10.57% of portfolio
 		AVT
Avnet Inc.
8.76% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.30% of portfolio
 		ARW
Arrow Electronics
7.48% of portfolio
 		WDC
Western Digital Corp.
6.83% of portfolio
 		TRN
Trinity Industries
6.67% of portfolio
 		SIG
Signet Jewelers Ltd.
4.90% of portfolio
 		PDE
Pride International
4.85% of portfolio
 		BHI
Baker Hughes OLD
4.72% of portfolio
 		FL
Foot Locker Inc.
4.50% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
4.45% of portfolio
 		MCY
Mercury General Corp.
4.00% of portfolio
 		NFX
Newfield Exploration
3.80% of portfolio
 		ATW
Atwood Oceanics Inc.
2.64% of portfolio
 		XEC
Cimarex Energy Co.
2.11% of portfolio
 		RS
Reliance Steel & Aluminum
2.04% of portfolio
 		SM
SM Energy Co.
1.86% of portfolio
 		CHRS-OLD
Charming Shoppes
0.45% of portfolio
 		CTRA
Coterra Energy Inc.
0.36% of portfolio
2010   Q2$658 M VAL
Valaris plc
11.16% of portfolio
 		AVT
Avnet Inc.
9.29% of portfolio
 		RDC
Rowan Cos.
9.07% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.31% of portfolio
 		ARW
Arrow Electronics
7.43% of portfolio
 		TRN
Trinity Industries
6.30% of portfolio
 		BHI
Baker Hughes OLD
5.46% of portfolio
 		WDC
Western Digital Corp.
5.36% of portfolio
 		SIG
Signet Jewelers Ltd.
5.04% of portfolio
 		MCY
Mercury General Corp.
4.81% of portfolio
 		FL
Foot Locker Inc.
4.64% of portfolio
 		PDE
Pride International
4.37% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
3.98% of portfolio
 		NFX
Newfield Exploration
3.84% of portfolio
 		XEC
Cimarex Energy Co.
2.70% of portfolio
 		ATW
Atwood Oceanics Inc.
2.62% of portfolio
 		SM
SM Energy Co.
2.37% of portfolio
 		RS
Reliance Steel & Aluminum
2.11% of portfolio
 		CHRS-OLD
Charming Shoppes
0.57% of portfolio
 		CTRA
Coterra Energy Inc.
0.44% of portfolio
2010   Q1$821 M VAL
Valaris plc
10.21% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
9.67% of portfolio
 		RDC
Rowan Cos.
9.65% of portfolio
 		AVT
Avnet Inc.
9.27% of portfolio
 		ARW
Arrow Electronics
8.03% of portfolio
 		TRN
Trinity Industries
5.69% of portfolio
 		BJS
BJ Services
5.63% of portfolio
 		SIG
Signet Jewelers Ltd.
5.00% of portfolio
 		PDE
Pride International
4.73% of portfolio
 		FL
Foot Locker Inc.
4.44% of portfolio
 		CHRS-OLD
Charming Shoppes
4.43% of portfolio
 		MCY
Mercury General Corp.
4.07% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
3.47% of portfolio
 		NFX
Newfield Exploration
3.28% of portfolio
 		WDC
Western Digital Corp.
3.25% of portfolio
 		ATW
Atwood Oceanics Inc.
2.85% of portfolio
 		RS
Reliance Steel & Aluminum
2.30% of portfolio
 		XEC
Cimarex Energy Co.
1.80% of portfolio
 		SM
SM Energy Co.
1.65% of portfolio
 		CTRA
Coterra Energy Inc.
0.42% of portfolio
2009   Q4$844 M ROSE-OLD
Rosetta Resources Inc.
10.67% of portfolio
 		AVT
Avnet Inc.
9.05% of portfolio
 		VAL
Valaris plc
8.85% of portfolio
 		ARW
Arrow Electronics
7.94% of portfolio
 		RDC
Rowan Cos.
7.29% of portfolio
 		SIG
Signet Jewelers Ltd.
5.75% of portfolio
 		CHRS-OLD
Charming Shoppes
5.46% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
5.11% of portfolio
 		PDE
Pride International
4.87% of portfolio
 		TRN
Trinity Industries
4.83% of portfolio
 		BJS
BJ Services
4.76% of portfolio
 		NFX
Newfield Exploration
4.14% of portfolio
 		WDC
Western Digital Corp.
3.76% of portfolio
 		MCY
Mercury General Corp.
3.55% of portfolio
 		FL
Foot Locker Inc.
3.19% of portfolio
 		ATW
Atwood Oceanics Inc.
2.87% of portfolio
 		RS
Reliance Steel & Aluminum
2.43% of portfolio
 		XEC
Cimarex Energy Co.
2.16% of portfolio
 		SM
SM Energy Co.
2.07% of portfolio
 		CXG
CNX Gas Corp.
0.52% of portfolio
2009   Q3$823 M VAL
Valaris plc
9.66% of portfolio
 		AVT
Avnet Inc.
9.45% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
8.08% of portfolio
 		ARW
Arrow Electronics
7.87% of portfolio
 		RDC
Rowan Cos.
7.62% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
6.58% of portfolio
 		SIG
Signet Jewelers Ltd.
6.36% of portfolio
 		BJS
BJ Services
5.10% of portfolio
 		TRN
Trinity Industries
4.89% of portfolio
 		PDE
Pride International
4.76% of portfolio
 		CHRS-OLD
Charming Shoppes
4.47% of portfolio
 		NFX
Newfield Exploration
4.15% of portfolio
 		FL
Foot Locker Inc.
3.51% of portfolio
 		MCY
Mercury General Corp.
3.36% of portfolio
 		WDC
Western Digital Corp.
3.19% of portfolio
 		ATW
Atwood Oceanics Inc.
2.90% of portfolio
 		RS
Reliance Steel & Aluminum
2.87% of portfolio
 		SM
SM Energy Co.
2.01% of portfolio
 		XEC
Cimarex Energy Co.
1.81% of portfolio
 		CXG
CNX Gas Corp.
0.62% of portfolio
2009   Q2$698 M AVT
Avnet Inc.
9.51% of portfolio
 		VAL
Valaris plc
9.35% of portfolio
 		ARW
Arrow Electronics
8.18% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
7.76% of portfolio
 		RDC
Rowan Cos.
7.54% of portfolio
 		SIG
Signet Jewelers Ltd.
6.03% of portfolio
 		NFX
Newfield Exploration
5.95% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
5.68% of portfolio
 		PDE
Pride International
4.63% of portfolio
 		TRN
Trinity Industries
4.57% of portfolio
 		BJS
BJ Services
4.22% of portfolio
 		CHRS-OLD
Charming Shoppes
4.00% of portfolio
 		WDC
Western Digital Corp.
3.76% of portfolio
 		MCY
Mercury General Corp.
3.66% of portfolio
 		FL
Foot Locker Inc.
3.63% of portfolio
 		RS
Reliance Steel & Aluminum
3.06% of portfolio
 		ATW
Atwood Oceanics Inc.
2.41% of portfolio
 		SM
SM Energy Co.
2.20% of portfolio
 		XEC
Cimarex Energy Co.
2.19% of portfolio
 		CXG
CNX Gas Corp.
1.06% of portfolio
2009   Q1$528 M VAL
Valaris plc
10.74% of portfolio
 		AVT
Avnet Inc.
10.45% of portfolio
 		ARW
Arrow Electronics
9.68% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
7.14% of portfolio
 		RDC
Rowan Cos.
6.16% of portfolio
 		NFX
Newfield Exploration
5.46% of portfolio
 		FL
Foot Locker Inc.
5.37% of portfolio
 		PDE
Pride International
4.38% of portfolio
 		SIG
Signet Jewelers Ltd.
4.37% of portfolio
 		MCY
Mercury General Corp.
4.29% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
4.17% of portfolio
 		BJS
BJ Services
4.07% of portfolio
 		TRN
Trinity Industries
4.05% of portfolio
 		WDC
Western Digital Corp.
3.63% of portfolio
 		RS
Reliance Steel & Aluminum
2.77% of portfolio
 		ATW
Atwood Oceanics Inc.
2.12% of portfolio
 		CHRS-OLD
Charming Shoppes
1.99% of portfolio
 		XEC
Cimarex Energy Co.
1.87% of portfolio
 		SM
SM Energy Co.
1.84% of portfolio
 		RSH
RadioShack Corp.
1.81% of portfolio
2008   Q4$586 M VAL
Valaris plc
10.42% of portfolio
 		AVT
Avnet Inc.
9.80% of portfolio
 		ARW
Arrow Electronics
8.63% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
8.26% of portfolio
 		RDC
Rowan Cos.
7.38% of portfolio
 		TRN
Trinity Industries
6.29% of portfolio
 		MCY
Mercury General Corp.
5.99% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
5.38% of portfolio
 		FL
Foot Locker Inc.
4.30% of portfolio
 		BJS
BJ Services
4.30% of portfolio
 		NFX
Newfield Exploration
4.28% of portfolio
 		PDE
Pride International
3.51% of portfolio
 		CHRS-OLD
Charming Shoppes
3.12% of portfolio
 		SIG
Signet Jewelers Ltd.
2.99% of portfolio
 		RSH
RadioShack Corp.
2.27% of portfolio
 		WDC
Western Digital Corp.
1.94% of portfolio
 		RS
Reliance Steel & Aluminum
1.89% of portfolio
 		AM-OLD
American Greetings
1.82% of portfolio
 		ATW
Atwood Oceanics Inc.
1.53% of portfolio
 		CXG
CNX Gas Corp.
1.31% of portfolio
2008   Q3$837 M VAL
Valaris plc
14.81% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
9.78% of portfolio
 		AVT
Avnet Inc.
9.28% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
9.03% of portfolio
 		RDC
Rowan Cos.
8.36% of portfolio
 		TRN
Trinity Industries
7.20% of portfolio
 		ARW
Arrow Electronics
5.91% of portfolio
 		FL
Foot Locker Inc.
5.89% of portfolio
 		MCY
Mercury General Corp.
5.00% of portfolio
 		CHRS-OLD
Charming Shoppes
4.38% of portfolio
 		SIG
Signet Jewelers Ltd.
4.01% of portfolio
 		ZLC
Zale Corp.
3.16% of portfolio
 		CHB-OLD
Champion Enterpr
2.95% of portfolio
 		AM-OLD
American Greetings
2.57% of portfolio
 		RSH
RadioShack Corp.
2.31% of portfolio
 		ATW
Atwood Oceanics Inc.
1.68% of portfolio
 		HMN
Horace Mann Educators
0.97% of portfolio
 		DPTHL
Datapath Inc.
0.74% of portfolio
 		WDC
Western Digital Corp.
0.74% of portfolio
 		FLE
Fleetwood Enterprises
0.56% of portfolio
2008   Q2$1.09 B VAL
Valaris plc
15.93% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
12.48% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
11.65% of portfolio
 		RDC
Rowan Cos.
9.83% of portfolio
 		AVT
Avnet Inc.
7.89% of portfolio
 		TRN
Trinity Industries
7.45% of portfolio
 		ARW
Arrow Electronics
5.31% of portfolio
 		ZLC
Zale Corp.
3.82% of portfolio
 		FL
Foot Locker Inc.
3.48% of portfolio
 		MCY
Mercury General Corp.
3.28% of portfolio
 		CHRS-OLD
Charming Shoppes
3.16% of portfolio
 		SIG
Signet Jewelers Ltd.
2.61% of portfolio
 		CHB-OLD
Champion Enterpr
2.39% of portfolio
 		ATW
Atwood Oceanics Inc.
2.20% of portfolio
 		AM-OLD
American Greetings
1.59% of portfolio
 		CC-OLD
Circuit City Group
1.29% of portfolio
 		RSH
RadioShack Corp.
1.26% of portfolio
 		FLE
Fleetwood Enterprises
1.11% of portfolio
 		WDC
Western Digital Corp.
0.93% of portfolio
 		HMN
Horace Mann Educators
0.81% of portfolio
2008   Q1$1.12 B VAL
Valaris plc
13.09% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
9.32% of portfolio
 		AVT
Avnet Inc.
9.25% of portfolio
 		RDC
Rowan Cos.
8.77% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
7.86% of portfolio
 		TRN
Trinity Industries
5.84% of portfolio
 		ARW
Arrow Electronics
5.69% of portfolio
 		CHB-OLD
Champion Enterpr
4.00% of portfolio
 		ROST
Ross Stores Inc.
4.00% of portfolio
 		ZLC
Zale Corp.
3.91% of portfolio
 		CHRS-OLD
Charming Shoppes
3.25% of portfolio
 		FL
Foot Locker Inc.
3.22% of portfolio
 		SIG
Signet Jewelers Ltd.
3.17% of portfolio
 		MCY
Mercury General Corp.
3.03% of portfolio
 		AM-OLD
American Greetings
2.34% of portfolio
 		UPBD
Upbound Group Inc.
2.15% of portfolio
 		FLE
Fleetwood Enterprises
1.91% of portfolio
 		CC-OLD
Circuit City Group
1.73% of portfolio
 		RSH
RadioShack Corp.
1.63% of portfolio
 		ATW
Atwood Oceanics Inc.
1.59% of portfolio
2007   Q4$1.12 B VAL
Valaris plc
12.46% of portfolio
 		AVT
Avnet Inc.
9.88% of portfolio
 		RDC
Rowan Cos.
8.40% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
7.92% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
6.95% of portfolio
 		ARW
Arrow Electronics
6.64% of portfolio
 		TRN
Trinity Industries
6.08% of portfolio
 		CHB-OLD
Champion Enterpr
3.76% of portfolio
 		FL
Foot Locker Inc.
3.73% of portfolio
 		CHRS-OLD
Charming Shoppes
3.64% of portfolio
 		SIG
Signet Jewelers Ltd.
3.55% of portfolio
 		MCY
Mercury General Corp.
3.41% of portfolio
 		ROST
Ross Stores Inc.
3.41% of portfolio
 		ZLC
Zale Corp.
3.17% of portfolio
 		AM-OLD
American Greetings
2.56% of portfolio
 		FLE
Fleetwood Enterprises
2.48% of portfolio
 		CC-OLD
Circuit City Group
1.83% of portfolio
 		ATW
Atwood Oceanics Inc.
1.73% of portfolio
 		UPBD
Upbound Group Inc.
1.70% of portfolio
 		RSH
RadioShack Corp.
1.69% of portfolio
2007   Q3$1.2 B VAL
Valaris plc
10.94% of portfolio
 		AVT
Avnet Inc.
10.51% of portfolio
 		TRN
Trinity Industries
7.67% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
7.50% of portfolio
 		RDC
Rowan Cos.
7.26% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
6.83% of portfolio
 		ARW
Arrow Electronics
6.70% of portfolio
 		CHRS-OLD
Charming Shoppes
4.43% of portfolio
 		CHB-OLD
Champion Enterpr
4.09% of portfolio
 		FL
Foot Locker Inc.
3.61% of portfolio
 		MCY
Mercury General Corp.
3.45% of portfolio
 		ZLC
Zale Corp.
3.43% of portfolio
 		FLE
Fleetwood Enterprises
3.31% of portfolio
 		ROST
Ross Stores Inc.
3.19% of portfolio
 		AM-OLD
American Greetings
3.11% of portfolio
 		THO
Thor Industries
2.74% of portfolio
 		CC-OLD
Circuit City Group
2.56% of portfolio
 		UPBD
Upbound Group Inc.
1.99% of portfolio
 		RSH
RadioShack Corp.
1.93% of portfolio
 		DPTHL
Datapath Inc.
1.37% of portfolio
2007   Q2$1.38 B VAL
Valaris plc
10.32% of portfolio
 		AVT
Avnet Inc.
9.07% of portfolio
 		TRN
Trinity Industries
7.72% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
7.55% of portfolio
 		RDC
Rowan Cos.
7.06% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
6.96% of portfolio
 		NOV
Nov Inc.
5.56% of portfolio
 		ARW
Arrow Electronics
5.26% of portfolio
 		CHRS-OLD
Charming Shoppes
4.40% of portfolio
 		FL
Foot Locker Inc.
4.23% of portfolio
 		ROST
Ross Stores Inc.
3.32% of portfolio
 		CHB-OLD
Champion Enterpr
3.17% of portfolio
 		ZLC
Zale Corp.
3.06% of portfolio
 		MCY
Mercury General Corp.
3.05% of portfolio
 		FLE
Fleetwood Enterprises
3.04% of portfolio
 		AM-OLD
American Greetings
2.89% of portfolio
 		DPTHL
Datapath Inc.
2.83% of portfolio
 		RSH
RadioShack Corp.
2.68% of portfolio
 		UPBD
Upbound Group Inc.
2.49% of portfolio
 		THO
Thor Industries
2.39% of portfolio
2007   Q1$1.36 B AVT
Avnet Inc
13.25% of portfolio
 		VAL
Valaris plc
9.31% of portfolio
 		TRN
Trinity Industries
7.67% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
6.72% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
6.54% of portfolio
 		RDC
Rowan Cos.
5.66% of portfolio
 		CHRS-OLD
Charming Shoppes
5.32% of portfolio
 		ARW
Arrow Electronics
5.22% of portfolio
 		NOV
Nov Inc.
4.63% of portfolio
 		FL
Foot Locker Inc.
4.62% of portfolio
 		ROST
Ross Stores Inc.
3.75% of portfolio
 		ZLC
Zale Corp.
3.43% of portfolio
 		MCY
Mercury General Corp.
2.97% of portfolio
 		CHB-OLD
Champion Enterpr
2.87% of portfolio
 		RSH
RadioShack Corp
2.86% of portfolio
 		DPTHL
Datapath Inc.
2.86% of portfolio
 		UPBD
Upbound Group Inc.
2.69% of portfolio
 		FLE
Fleetwood Enterprises
2.69% of portfolio
 		AM-OLD
American Greetings
2.40% of portfolio
 		THO
Thor Industries
2.11% of portfolio
2006   Q4$1.28 B AVT
Avnet Inc
10.79% of portfolio
 		VAL
Valaris plc
9.14% of portfolio
 		TRN
Trinity Industries
6.87% of portfolio
 		PTEN
Patterson-UTI Energy Inc.
6.76% of portfolio
 		ROSE-OLD
Rosetta Resources Inc.
6.51% of portfolio
 		CHRS-OLD
Charming Shoppes
5.93% of portfolio
 		RDC
Rowan Cos.
5.73% of portfolio
 		ARW
Arrow Electronics
4.66% of portfolio
 		ROST
Ross Stores Inc.
4.10% of portfolio
 		FL
Foot Locker Inc.
4.05% of portfolio
 		ZLC
Zale Corp.
3.92% of portfolio
 		NOV
Nov Inc.
3.89% of portfolio
 		BIG
Big Lots Inc.
3.59% of portfolio
 		CHB-OLD
Champion Enterpr
3.26% of portfolio
 		DPTHL
Datapath Inc.
3.05% of portfolio
 		UPBD
Upbound Group Inc.
3.02% of portfolio
 		FLE
Fleetwood Enterprises
2.87% of portfolio
 		AM-OLD
American Greetings
2.63% of portfolio
 		THO
Thor Industries
2.51% of portfolio
 		MCY
Mercury General Corp.
1.91% of portfolio