Holdings as of 03-31-2025
| Ticker | Company/ETF | Total Shares | Total Value ($) | CUSIP | Class | Put/Call |
|---|---|---|---|---|---|---|
| LNC | LINCOLN NATIONAL CORP | 519,255 | $18,646,447 | 534187109 | COMMON STOCK | |
| NBR | NABORS INDUSTRIES LTD | 388,745 | $16,214,554 | G6359F137 | COMMON STOCK | |
| BFH | BREAD FINANCIAL HOLDINGS INC | 309,825 | $15,516,036 | 018581108 | COMMON STOCK | |
| GTN | GRAY TELEVISION INC | 3,577,790 | $15,456,053 | 389375106 | COMMON STOCK | |
| QUAD | QUAD GRAPHICS INC | 2,574,225 | $14,029,526 | 747301109 | COMMON STOCK | |
| JXN | JACKSON FINANCIAL INC-A | 120,950 | $10,133,191 | 46817M107 | COMMON STOCK | |
| UGI | UGI CORP | 292,000 | $9,656,440 | 902681105 | COMMON STOCK | |
| VZ | VERIZON COMMUNICATIONS INC | 198,000 | $8,981,280 | 92343V104 | COMMON STOCK | |
| GCI | GANNETT CO INC | 2,712,815 | $7,840,035 | 36472T109 | COMMON STOCK | |
| CTO | CTO REALTY GROWTH INC | 383,900 | $7,413,109 | 22948Q101 | COMMON STOCK | |
| OMF | ONEMAIN HOLDINGS INC | 149,000 | $7,283,120 | 68268W103 | COMMON STOCK | |
| BMY | BRISTOL-MYERS SQUIBB CO | 108,000 | $6,586,920 | 110122108 | COMMON STOCK | |
| WAL | WESTERN ALLIANCE BANCORP | 83,455 | $6,411,848 | 957638109 | COMMON STOCK | |
| CHRD | CHORD ENERGY CORP | 52,766 | $5,947,784 | 674215207 | COMMON STOCK | |
| VTRS | VIATRIS INC | 619,000 | $5,391,490 | 92556V106 | COMMON STOCK | |
| UNFI | UNITED NATURAL FOODS INC | 188,955 | $5,175,477 | 911163103 | COMMON STOCK | |
| CNDT | CONDUENT INC | 1,875,380 | $5,063,526 | 206787103 | COMMON STOCK | |
| JELD | JELD-WEN HOLDING INC | 776,425 | $4,635,257 | 47580P103 | COMMON STOCK | |
| MSTR | MICROSTRATEGY INC-CL A | 15,250 | $4,396,117 | 594972408 | COMMON STOCK | |
| STLA | STELLANTIS N.V | 390,000 | $4,371,900 | N82405106 | COMMON STOCK | |
| AXL | AMERICAN AXLE & MFG HOLDINGS | 995,690 | $4,052,458 | 024061103 | COMMON STOCK | |
| BKE | BUCKLE INC/THE | 105,000 | $4,023,600 | 118440106 | COMMON STOCK | |
| BCC | BOISE CASCADE CO | 40,000 | $3,923,600 | 09739D100 | COMMON STOCK | |
| DEA | EASTERLY GOVERNMENT PROPERTI | 367,000 | $3,890,200 | 27616P103 | COMMON STOCK | |
| BBW | BUILD-A-BEAR WORKSHOP INC | 100,000 | $3,717,000 | 120076104 | COMMON STOCK | |
| ARLP | ALLIANCE RESOURCE PARTNERS | 127,000 | $3,464,560 | 01877R108 | COMMON STOCK | |
| FOSL | FOSSIL GROUP INC | 2,965,160 | $3,409,934 | 34988V106 | COMMON STOCK | |
| T | AT&T INC | 116,000 | $3,280,480 | 00206R102 | COMMON STOCK | |
| CG | CARLYLE GROUP INC/THE | 70,000 | $3,051,300 | 14316J108 | COMMON STOCK | |
| LYB | LYONDELLBASELL INDUSTRIES NV | 38,000 | $2,675,200 | N53745100 | COMMON STOCK | |
| TPC | TUTOR PERINI CORP | 90,570 | $2,099,413 | 901109108 | COMMON STOCK | |
| SMLR | SEMLER SCIENTIFIC INC | 53,000 | $1,918,600 | 81684M104 | COMMON STOCK | |
| TTE | TOTALENERGIES SE -SPON ADR | 7,650 | $494,878 | 89151E109 | SPONSORED ADR | |
| FTI | TECHNIPFMC PLC | 8,185 | $259,383 | G87110105 | COMMON STOCK |