Holdings as of 03-31-2025
| Ticker | Company/ETF | Total Shares | Total Value ($) | CUSIP | Class | Put/Call |
|---|---|---|---|---|---|---|
| TDW | TIDEWATER INC | 809,258 | $34,207,336 | 88642R109 | COMMON STOCK | |
| DB | DEUTSCHE BANK A G | 1,447,570 | $34,119,225 | D18190898 | COMMON STOCK | |
| HCC | WARRIOR MET COAL INC | 613,206 | $29,262,190 | 93627C101 | COMMON STOCK | |
| VAL | VALARIS LTD | 569,839 | $22,371,879 | G9460G101 | COMMON STOCK | |
| FPH | FIVE POINT HOLDINGS LLC-CL A | 4,125,911 | $22,032,365 | 33833Q106 | COMMON STOCK | |
| CBRE | CBRE GROUP INC - A | 165,109 | $21,592,955 | 12504L109 | COMMON STOCK | |
| BN | BROOKFIELD CORP | 378,249 | $19,824,030 | 11271J107 | COMMON STOCK | |
| CMA | COMERICA INC | 302,904 | $17,889,510 | 200340107 | COMMON STOCK | |
| LEN.B | LENNAR CORP - CLASS B | 147,770 | $16,117,274 | 526057302 | COMMON STOCK | |
| UHAL.B | U-HAUL HOLDING CO | 249,865 | $14,787,011 | 023586506 | COMMON STOCK | |
| PLD | PROLOGIS INC | 129,162 | $14,439,020 | 74340W103 | COMMON STOCK | |
| ORI | OLD REPUBLIC INTL CORP | 336,388 | $13,193,137 | 680223104 | COMMON STOCK | |
| PRA | PROASSURANCE CORP | 563,988 | $13,169,120 | 74267C106 | COMMON STOCK | |
| JLL | JONES LANG LASALLE INC | 51,990 | $12,888,841 | 48020Q107 | COMMON STOCK | |
| SUI | SUN COMMUNITIES INC | 90,715 | $11,669,578 | 866674104 | COMMON STOCK | |
| UMBF | UMB FINANCIAL CORP | 102,796 | $10,392,676 | 902788108 | COMMON STOCK | |
| DHI | DR HORTON INC | 78,745 | $10,010,852 | 23331A109 | COMMON STOCK | |
| ITIC | INVESTORS TITLE CO | 38,919 | $9,382,593 | 461804106 | COMMON STOCK | |
| MYRG | MYR GROUP INC/DELAWARE | 72,797 | $8,232,613 | 55405W104 | COMMON STOCK | |
| FNF | FIDELITY NATIONAL FINANCIAL | 118,656 | $7,722,132 | 31620R303 | COMMON STOCK | |
| PB | PROSPERITY BANCSHARES INC | 102,168 | $7,291,730 | 743606105 | COMMON STOCK | |
| AMH | AMERICAN HOMES 4 RENT- A | 192,560 | $7,280,694 | 02665T306 | COMMON STOCK | |
| FR | FIRST INDUSTRIAL REALTY TR | 134,558 | $7,260,750 | 32054K103 | COMMON STOCK | |
| FRPH | FRP HOLDINGS INC | 252,952 | $7,226,839 | 30292L107 | COMMON STOCK | |
| BATRA | ATLANTA BRAVES HOLDINGS IN-A | 164,438 | $7,213,895 | 047726104 | COMMON STOCK | |
| RYN | RAYONIER INC | 258,499 | $7,206,952 | 754907103 | COMMON STOCK | |
| PHM | PULTEGROUP INC | 63,800 | $6,558,640 | 745867101 | COMMON STOCK | |
| WY | WEYERHAEUSER CO | 220,849 | $6,466,459 | 962166104 | COMMON STOCK | |
| BAM | BROOKFIELD ASSET MGMT-A | 132,103 | $6,400,390 | 113004105 | COMMON STOCK | |
| SUPN | SUPERNUS PHARMACEUTICALS INC | 189,493 | $6,205,896 | 868459108 | COMMON STOCK | |
| COLL | COLLEGIUM PHARMACEUTICAL INC | 203,401 | $6,071,520 | 19459J104 | COMMON STOCK | |
| SBSI | SOUTHSIDE BANCSHARES INC | 209,426 | $6,064,977 | 84470P109 | COMMON STOCK | |
| ECPG | ENCORE CAPITAL GROUP INC | 171,022 | $5,862,634 | 292554102 | COMMON STOCK | |
| LXU | LSB INDUSTRIES INC | 789,447 | $5,202,456 | 502160104 | COMMON STOCK | |
| CET | CENTRAL SECURITIES CORP | 111,210 | $5,000,002 | 155123102 | COMMON STOCK | |
| TPH | TRI POINTE HOMES INC | 155,830 | $4,974,094 | 87265H109 | COMMON STOCK | |
| HBB | HAMILTON BEACH BRAND-A | 249,969 | $4,856,898 | 40701T104 | COMMON STOCK | |
| KALU | KAISER ALUMINUM CORP | 79,828 | $4,839,173 | 483007704 | COMMON STOCK | |
| ALG | ALAMO GROUP INC | 25,546 | $4,552,553 | 011311107 | COMMON STOCK | |
| UNF | UNIFIRST CORP/MA | 23,356 | $4,063,944 | 904708104 | COMMON STOCK | |
| ICFI | ICF INTERNATIONAL INC | 47,024 | $3,995,629 | 44925C103 | COMMON STOCK | |
| SD | SANDRIDGE ENERGY INC | 330,698 | $3,776,571 | 80007P869 | COMMON STOCK | |
| SEB | SEABOARD CORP | 1,319 | $3,557,501 | 811543107 | COMMON STOCK | |
| AMBC | AMBAC FINANCIAL GROUP INC | 366,461 | $3,206,534 | 023139884 | COMMON STOCK | |
| PBF | PBF ENERGY INC-CLASS A | 131,050 | $2,501,745 | 69318G106 | COMMON STOCK | |
| WCC | WESCO INTERNATIONAL INC | 14,822 | $2,301,857 | 95082P105 | COMMON STOCK | |
| BXC | BLUELINX HOLDINGS INC | 29,869 | $2,239,578 | 09624H208 | COMMON STOCK | |
| MRP | Millrose Properties, Inc. | 80,890 | $2,144,394 | 601137102 | COMMON STOCK | |
| OCFC | OCEANFIRST FINANCIAL CORP | 116,643 | $1,984,097 | 675234108 | COMMON STOCK | |
| ELME | ELME COMMUNITIES | 93,000 | $1,618,200 | 939653101 | COMMON STOCK | |
| CTO | CTO REALTY GROWTH INC | 63,000 | $1,216,530 | 22948Q101 | COMMON STOCK | |
| WSR | WHITESTONE REIT | 80,000 | $1,165,600 | 966084204 | COMMON STOCK | |
| IVT | INVENTRUST PROPERTIES CORP | 38,000 | $1,116,060 | 46124J201 | COMMON STOCK | |
| BATRK | ATLANTA BRAVES HOLDINGS INC | 26,104 | $1,044,421 | 047726302 | COMMON STOCK | |
| PCH | POTLATCHDELTIC CORP | 20,000 | $902,400 | 737630103 | COMMON STOCK | |
| RMR | RMR GROUP INC/THE - A | 37,000 | $616,050 | 74967R106 | COMMON STOCK | |
| VTMX | CORP INMOBILIARIA VESTA-ADR | 25,000 | $570,250 | 92540K109 | SPONSORED ADR | |
| STC | STEWART INFORMATION SERVICES | 5,194 | $370,592 | 860372101 | COMMON STOCK | |
| GRBK | GREEN BRICK PARTNERS INC | 5,000 | $291,550 | 392709101 | COMMON STOCK | |
| UHAL | U-HAUL HOLDING CO | 1,456 | $95,164 | 023586100 | COMMON STOCK | |
| EQC | EQUITY COMMONWEALTH | 55,000 | $88,550 | 294628102 | COMMON STOCK |