Name,Ticker,Title of class,Class,Change,CUSIP,Value,Shares or principal amount,Weighting BUILDERS FIRSTSOURCE INC,BLDR,,Sell,12008R107,95895000.0,1785754.0,23.456 TIDEWATER INC,TDW,,Buy,88642R109,58025000.0,2751305.0,14.193 WEST FRASER TIMBER CO LTD,WFG,,Sell,952845105,25127000.0,327501.0,6.146 LSB INDS INC,LXU,,Buy,502160104,23422000.0,1689923.0,5.729 WESTLAKE CHEM CORP,WLK,,Buy,960413102,22582000.0,230381.0,5.524 SKYLINE CORP,SKY,,Buy,830830105,12465000.0,262870.0,3.049 JEFFERIES FINL GROUP INC,JEF,,Sell,47233W109,12035000.0,435741.0,2.944 CANADIAN NAT RES LTD,CNQ,,Sell,136385101,9629000.0,179234.0,2.355 LINCOLN ELEC HLDGS INC,LECO,,Buy,533900106,8670000.0,70278.0,2.121 INSTEEL INDUSTRIES INC,IIIN,,Buy,45774W108,8618000.0,255961.0,2.108 NOBLE CORP NEW,NE,,Buy,G6610J209,8472000.0,334220.0,2.072 CAVCO INDS INC DEL,CVCO,,Buy,149568107,7953000.0,40580.0,1.945 DANA HOLDING CORP,DAN,,Buy,235825205,7577000.0,538510.0,1.853 GRAFTECH INTERNATIONAL,EAF,,Buy,384313508,6472000.0,915513.0,1.583 WESTERN DIGITAL CORP,WDC,,Buy,958102105,6353000.0,141701.0,1.554 OLIN CORP NEW,OLN,,Buy,680665205,6175000.0,133441.0,1.51 U M H PROPERTIES INC,UMH,,Buy,903002103,5902000.0,334205.0,1.444 AMREP CORP NEW,AXR,,Sell,032159105,5800000.0,516933.0,1.419 RADNET INC,RDNT,,Buy,750491102,5406000.0,312835.0,1.322 EXTERRAN CORPORATION,EXTN,,Sell,30227H106,4889000.0,1137120.0,1.196 METHODE ELECTRONICS INC,MEI,,Buy,591520200,4081000.0,110186.0,0.998 TECHNIPFMC PLC,FTI,,Buy,G87110105,3990000.0,592949.0,0.976 LOUISIANA PAC CORP,LPX,,Buy,546347105,3872000.0,73880.0,0.947 CHEMOURS CO,CC,,Buy,163851108,3858000.0,120495.0,0.944 SEACOR MARINE HOLDINGS INC,SMHI,,Buy,78413P101,3745000.0,650223.0,0.916 AERCAP HOLDINGS NV,AER,,Buy,N00985106,3274000.0,79965.0,0.801 TECK RESOURCES INC,TECK,cl b, ,878742204,3057000.0,100000.0,0.748 SPOTIFY TECHNOLOGY S A,SPOT,, ,L8681T102,2721000.0,29000.0,0.666 TRAVEL PLUS LEISURE CO,TNL,,Buy,894164102,2641000.0,68035.0,0.646 CANADIAN SOLAR INC,CSIQ,,Buy,136635109,2575000.0,82707.0,0.63 BLUEGREEN VACATIONS HLDG CORP,BVH,cl a,Sell,096308101,2406000.0,96399.0,0.589 LEGACY HOUSING CORP,LEGH,, ,52472M101,2367000.0,181345.0,0.579 ALLISON TRANSMISSION HLDGS INC,ALSN,,Buy,01973R101,2285000.0,59440.0,0.559 VALARIS LIMITED,VAL,cl a, ,G9460G101,2112000.0,50000.0,0.517 SEA LTD,SE,sponsored ads, ,81141R100,2006000.0,30000.0,0.491 GRINDROD SHIPPING HOLDINGS L,GRIN,, ,Y28895103,1715000.0,100000.0,0.419 FRP HLDGS INCORPORATED,FRPH,,Buy,30292L107,1697000.0,28113.0,0.415 AMERICAN EAGLE OUTFITTERS NE,AEO,,Buy,02553E106,1481000.0,132484.0,0.362 CACI INTL INC,CACI,cl a, ,127190304,1409000.0,5000.0,0.345 CGI INC,GIB,cl a sub vtg,Buy,12532H104,1354000.0,17000.0,0.331 MARKEL CORP,MKL,, ,570535104,1293000.0,1000.0,0.316 SEVEN HILLS REALTY TRUST,,, ,81784E101,1239000.0,116053.0,0.303 LIBERTY BROADBAND CORP,LBRDA,,Sell,530307107,1136000.0,10000.0,0.278 AMERCO,UHAL,,Buy,023586100,956000.0,2000.0,0.234 VOYA FINANCIAL INC,VOYA,,Buy,929089100,952000.0,16000.0,0.233 TURQUOISE HILL RES LTD,TRQ,, ,900435207,803000.0,30000.0,0.196 MORGAN STANLEY,MS,,Buy,617446448,624000.0,8215.0,0.153 PREFORMED LINE PRODS CO,PLPC,, ,740444104,615000.0,10000.0,0.15 PETROLEO BRASILEIRO SA PETRO,PBR,sponsored adr, ,71654V408,584000.0,50000.0,0.143 WATSCO INC,,,New,642622200,537000.0,2250.0,0.131 FRANCO NEV CORP,FNV,,Buy,351858105,526000.0,4000.0,0.129 PRICESMART INC,PSMT,, ,741511109,470000.0,6553.0,0.115 FIVE POINT HOLDINGS LLC,FPH,, ,33833Q106,448000.0,114500.0,0.11 CENTRAL SECS CORP,CET,,Buy,155123102,447000.0,12706.0,0.109 NAUTILUS INC,NLS,,New,63910B102,438000.0,250000.0,0.107 AGNICO EAGLE MINES LTD,AEM,,Sell,008474108,431000.0,9413.0,0.105 PHX MINERALS INC,PHX,cl a, ,69291A100,392000.0,129059.0,0.096 MADISON SQUARE GRDN SPRT COR,MSGS,cl a,Sell,55825T103,378000.0,2500.0,0.092 CREATIVE MEDIA & CMNTY TR,CMCT,,Sell,125525584,375000.0,52871.0,0.092 LIBERTY MEDIA CORP DEL,LSXMA,,Sell,531229409,360000.0,10000.0,0.088 ADVANCED ENERGY INDS,AEIS,, ,007973100,345000.0,4725.0,0.084 INTERNATIONAL SEAWAYS INC,INSW,, ,Y41053102,293000.0,13842.0,0.072 MERCK & CO INC NEW,MRK,, ,58933Y105,274000.0,3000.0,0.067 DORCHESTER MINERALS,DMLP,, ,25820R105,215000.0,9025.0,0.053 WIDEOPENWEST INC,WOW,,New,96758W101,182000.0,10000.0,0.045 NOMAD ROYALTY COMPANY LIMITED,NSRXD,,New,65532M606,141000.0,20000.0,0.034 FLOTEK INDUSTRIES INC,FTK,,New,343389102,99000.0,100000.0,0.024 TIDEWATER INC,TDWWSB,*w exp 07/31/202, ,88642R125,80000.0,245005.0,0.02 TIDEWATER INC,TDWWSA,*w exp 07/31/202, ,88642R117,57000.0,86603.0,0.014 ALPHA TAU MEDICAL LTD,,*w exp 03/07/2028, ,M0740A116,24000.0,50000.0,0.006 BARRICK GOLD CORP,GOLD,,Exit,067901108,0.0,-10000.0,-0.05 MARSH & MCLENNAN COS INC,MMC,,Exit,571748102,0.0,-4000.0,-0.138 SPECTRUM BRANDS HLDGS INC,SPB,,Exit,84790A105,0.0,-8936.0,-0.16 VIDLER WATER RESOURCES INC,VWTR,,Exit,92660E107,0.0,-361201.0,-1.129