| Stock | Company | % Portfolio | Shares Held | Market Value | Change in Shares | % Change | Quarter End Price | Source |
|---|---|---|---|---|---|---|---|---|
| TDW | Tidewater Inc. | 9% | 874,667 | $47,931,752 | -490 | -0.06% | $54.8 | 13F |
| VAL | Valaris Ltd. | 5.63% | 585,602 | $29,994,534 | -319 | -0.05% | $51.22 | 13F |
| FPH | Five Point Holdings LLC - CL A | 4.73% | 4,113,917 | $25,218,311 | -11,994 | -0.29% | $6.13 | 13F |
| CBRE | CBRE Group, Inc. | 4.55% | 154,672 | $24,215,448 | -10,038 | -6.09% | $156.56 | 13F |
| LENB | Lennar Corp - Class B | 3.39% | 147,843 | $18,032,411 | -190 | -0.13% | $121.97 | 13F |
| PLD | Prologis Inc. | 3.18% | 145,394 | $16,935,493 | -128 | -0.09% | $116.48 | 13F |
| JLL | Jones Lang Lasalle | 2.88% | 51,619 | $15,347,361 | -71 | -0.14% | $297.32 | 13F |
| DHI | DR Horton Inc. | 2.53% | 78,078 | $13,463,770 | -111 | -0.14% | $172.44 | 13F |
| UHALB | U-Haul Holding Company | 2.49% | 259,225 | $13,259,359 | -285 | -0.11% | $51.15 | 13F |
| PHM | PulteGroup Inc. | 2.44% | 96,766 | $13,009,221 | -165 | -0.17% | $134.44 | 13F |
| SUI | Sun Communities Inc. | 2.33% | 96,786 | $12,437,001 | -424 | -0.44% | $128.5 | 13F |
| UMBF | UMB Financial Corporation | 2.17% | 97,518 | $11,536,379 | -5,245 | -5.1% | $118.3 | 13F |
| CMA | Comerica Inc. | 2.03% | 156,314 | $10,799,734 | -14,896 | -8.7% | $69.09 | 13F |
| PRA | Proassurance Corp. | 1.64% | 364,013 | $8,729,032 | -20,627 | -5.36% | $23.98 | 13F |
| MYRG | MYR Group Inc. | 1.35% | 35,554 | $7,181,908 | -19,041 | -34.88% | $202 | 13F |
| ITIC | Investors Title Co. | 1.1% | 21,883 | $5,883,901 | -13,869 | -38.79% | $268.88 | 13F |
| RYN | Rayonier Inc. | 1.1% | 218,052 | $5,869,960 | -40,077 | -15.53% | $26.92 | 13F |
| FR | First Industrial Realty Trust, Inc. | 1.04% | 106,342 | $5,537,228 | -26,321 | -19.84% | $52.07 | 13F |
| FRPH | FRP Holdings Inc. | 0.81% | 178,530 | $4,293,647 | -32,910 | -15.56% | $24.05 | 13F |
| WY | Weyerhaeuser Company | 0.76% | 161,920 | $4,039,904 | -58,929 | -26.68% | $24.95 | 13F |