| HHCCWarrior Met Coal, Inc. | 8.31% | 795,414 | $51M | added+4% | +0.08 pp | 28 q |
| DDBDeutsche Bank Aktiengesellschaft | 7.04% | 2,488,930 | $43M | added0% | +0.24 pp | 8 q |
| TTDWTidewater, Inc. | 5.65% | 481,474 | $35M | trimmed−6% | −2.68 pp | 29 q |
| CCMAComerica Incorporated | 4.66% | 475,883 | $29M | trimmed−0% | +0.49 pp | 46 q |
| LLEN.BLennar Corporation Class B | 4.57% | 161,781 | $28M | held | — | 32 q |
| BBNBrookfield Corporation | 3.95% | 454,794 | $24M | trimmed−6% | +0.50 pp | 8 q |
| VVALValaris Limited | 3.94% | 432,347 | $24M | added+3% | −1.43 pp | 13 q |
| CCBRECbre Group, Inc. | 3.72% | 183,011 | $23M | added0% | +0.93 pp | 19 q |
| UUHAL.BU-Haul Holding Company | 3.35% | 284,528 | $20M | added0% | +0.42 pp | 8 q |
| LLAZLazard, Inc. | 2.99% | 362,515 | $18M | trimmed−34% | −0.62 pp | 3 q |
| OORIOld Republic International Corporation | 2.95% | 510,054 | $18M | trimmed−38% | −1.44 pp | 19 q |
| PPLDPrologis, Inc. | 2.66% | 128,943 | $16M | added0% | +0.18 pp | 19 q |
| DDHID.R. Horton Inc. | 2.46% | 78,745 | $15M | trimmed−26% | −0.10 pp | 11 q |
| SSUISun Communities, Inc | 2.38% | 107,795 | $15M | held | — | 6 q |
| JJLLJones Lang LaSalle, Inc. | 2.29% | 51,990 | $14M | held | — | 7 q |
| FFPHFive Point Holdings, LLC Class A | 2.25% | 3,310,930 | $14M | held | — | 30 q |
| AAMHAmerican Homes 4 Rent | 2.02% | 321,221 | $12M | added0% | −0.02 pp | 18 q |
| UUMBFUMB Financial Corp | 1.91% | 110,896 | $12M | trimmed−26% | −0.23 pp | 46 q |
| WWYWeyerhaeuser Company | 1.71% | 308,007 | $10M | trimmed−11% | +0.03 pp | 46 q |
| RRYNRayonier Inc. | 1.66% | 315,800 | $10M | added0% | +0.08 pp | 44 q |
| HHBBHamilton Beach Brands Holding Company Class A | 1.58% | 316,634 | $10M | trimmed−0% | +0.64 pp | 17 q |
| IITICInvestors Title Co | 1.47% | 39,139 | $9M | trimmed−0% | +0.26 pp | 6 q |
| FFRFirst Industrial Realty Trust, Inc. | 1.44% | 157,130 | $9M | held | — | 46 q |
| PPRAProAssurance Corporation | 1.39% | 563,988 | $8M | trimmed−0% | +0.21 pp | 16 q |
| EECPGEncore Capital Group, Inc. | 1.32% | 171,022 | $8M | added0% | +0.10 pp | 8 q |
| FFRPHFRP Holdings, Inc. | 1.23% | 252,952 | $8M | trimmed−0% | −0.01 pp | 27 q |
| MMYRGMYR Group, Inc. | 1.22% | 72,797 | $7M | added+7% | −0.36 pp | 36 q |
| FFNFFidelity National Financial, Inc. | 1.20% | 118,656 | $7M | held | — | 35 q |
| IICFIICF International, Inc. | 1.20% | 44,188 | $7M | trimmed−0% | +0.07 pp | 46 q |
| PPBProsperity Bancshares Inc | 1.20% | 102,168 | $7M | added0% | +0.13 pp | 43 q |
| SSEBSeaboard Corporation | 1.20% | 2,334 | $7M | held | — | 35 q |
| CCOLLCollegium Pharmaceutical, Inc. | 1.15% | 182,651 | $7M | added0% | +0.14 pp | 4 q |
| TTPHTri Pointe Homes, Inc. | 1.15% | 155,830 | $7M | trimmed−0% | +0.15 pp | 31 q |
| SSBSISouthside Bancshares, Inc. | 1.14% | 209,426 | $7M | held | — | 37 q |
| BBATRAAtlanta Braves Holdings, Inc. Series A | 1.13% | 164,438 | $7M | held | — | 19 q |
| LLXULsb Industries Inc | 1.04% | 789,447 | $6M | added0% | −0.07 pp | 5 q |
| BBAMBrookfield Asset Management Ltd. | 1.02% | 132,103 | $6M | held | — | 8 q |
| SSUPNSupernus Pharmaceuticals, Inc. | 0.97% | 189,493 | $6M | added0% | +0.10 pp | 10 q |
| AALGAlamo Group, Inc. | 0.94% | 31,880 | $6M | held | — | 46 q |
| KKALUKaiser Aluminum Corporation | 0.94% | 79,623 | $6M | held | — | 46 q |
| IIVTInvenTrust Properties Corp. | 0.85% | 183,176 | $5M | trimmed−0% | +0.07 pp | 12 q |
| CCETCentral Securities Corp. | 0.83% | 111,210 | $5M | held | — | 19 q |
| UUNFUnifirst Corp | 0.76% | 23,356 | $5M | held | — | 46 q |
| SSDSandRidge Energy, Inc. | 0.56% | 280,554 | $3M | new | +0.56 pp | new |
| PPBFPbf Energy Inc. | 0.43% | 85,958 | $3M | new | +0.43 pp | new |
| WWCCWesco International Inc. | 0.40% | 14,739 | $2M | added×3.1 | +0.27 pp | 2 q |
| EELMEElme Communities | 0.27% | 93,000 | $2M | held | — | 6 q |
| RROICRetail Opportunity Investments Corp. | 0.23% | 90,000 | $1M | held | — | 19 q |
| CCTOCTO Realty Growth, Inc. | 0.20% | 63,000 | $1M | held | — | 15 q |
| HHP5AEquity Commonwealth | 0.18% | 55,000 | $1M | held | — | 6 q |
| WWSRWhitestone REIT | 0.18% | 80,000 | $1M | held | — | 6 q |
| BBATRKAtlanta Braves Holdings, Inc. Series C | 0.17% | 26,104 | $1M | trimmed−1% | −0.01 pp | 5 q |
| PPCHPotlatchDeltic Corporation | 0.15% | 20,000 | $901,000 | held | — | 19 q |
| RRMRThe RMR Group Inc. Class A | 0.15% | 37,000 | $939,060 | held | — | 19 q |
| GGRBKGreen Brick Partners, Inc | 0.07% | 5,000 | $417,600 | held | — | 26 q |
| SSTCStewart Information Services Corporation | 0.06% | 5,194 | $388,200 | held | — | 19 q |
| VVTMXCorporacion Inmobiliaria Vesta, S.A.B de C.V. | 0.04% | 10,000 | $269,400 | held | — | 2 q |
| UUHALU-Haul Holding Company | 0.02% | 1,456 | $112,811 | held | — | 28 q |
| TTPHSTrinity Place Hldgs Inc | 0.02% | 3,475,472 | $139,019 | held | — | 35 q |
| WWASHWashington Trust Bancorp Inc | — | −199,119 | — | exited | −0.94 pp | — |
L LOWLowe's Companies Inc. | — | −14,096 | — | exited | −0.53 pp | — |
