Edgar Wachenheim - Greenhaven Associates Inc

Period:    Q1 2026
Portfolio date:    31 Mar 2026
No. of stocks:    27
Portfolio value:    $6,071,579,036

Holdings Activity Buys Sells History

History	Stock	Activity ▼	Share change	% change to portfolio
	Q1 2026
☰	ICLR - ICON plc	Add 11,412.08%	1,985,017	3.62
☰	TMHC - Taylor Morrison Home Corp.	Add 469.70%	223,108	0.21
☰	VBIL - Vanguard 0 3m T Bill ETF	Add 54.83%	423,700	0.53
☰	BAX - Baxter International Inc.	Add 33.80%	3,614,465	1.00
☰	AVTR - Avantor Inc.	Add 10.21%	2,093,185	0.27
☰	LEN - Lennar Corp.	Add 5.33%	537,984	0.77
☰	STLA - Stellantis N.V.	Add 2.78%	1,000	0.00
☰	TOL - Toll Brothers	Add 0.75%	42,122	0.09
☰	OSK - Oshkosh Corp.	Add 0.39%	9,709	0.02
☰	NOV - Nov Inc.	Add 0.11%	6,200	0.00
☰	SLB - Schlumberger Ltd.	Add 0.08%	3,750	0.00
☰	DNOW - NOW Inc.	Buy	824,487	0.16
☰	AVT - Avnet Inc.	Reduce 0.21%	8,354	0.01
☰	ARW - Arrow Electronics	Reduce 0.22%	4,111	0.01
☰	DHI - D.R. Horton	Reduce 0.49%	17,226	0.04
☰	PHM - PulteGroup Inc.	Reduce 0.67%	37,319	0.07
☰	MTH - Meritage Homes Corp.	Reduce 0.72%	10,491	0.01
☰	LEA - Lear Corp.	Reduce 4.43%	78,669	0.15
☰	CRH - CRH plc	Reduce 12.50%	2,500	0.01
☰	GM - General Motors	Reduce 17.48%	2,652,822	3.50
☰	TEX - Terex Corp.	Reduce 43.76%	8,500	0.01
☰	MRP - Millrose Properties	Sell 100.00%	4,596,584	2.23
☰	TFX - Teleflex	Sell 100.00%	122,079	0.24
☰	C - Citigroup Inc.	Sell 100.00%	33,260	0.06
☰	RHI - Robert Half International	Sell 100.00%	104,700	0.05
	Q4 2025
☰	BAX - Baxter International Inc.	Add 70.05%	4,404,874	1.36
☰	VBIL - Vanguard 0 3m T Bill ETF	Add 54.55%	272,725	0.33
☰	AVTR - Avantor Inc.	Add 11.95%	2,189,083	0.41
☰	LEN - Lennar Corp.	Add 4.57%	440,753	0.73
☰	MTH - Meritage Homes Corp.	Add 0.85%	12,386	0.01
☰	TOL - Toll Brothers	Add 0.40%	22,218	0.05
☰	ARW - Arrow Electronics	Add 0.08%	1,572	0.00
☰	SLB - Schlumberger Ltd.	Buy	4,660,827	2.90
☰	TFX - Teleflex	Buy	122,079	0.24
☰	RHI - Robert Half International	Buy	104,700	0.05
☰	TMHC - Taylor Morrison Home Corp.	Buy	47,500	0.05
☰	AVT - Avnet Inc.	Reduce 0.00%	71	0.00
☰	NOV - Nov Inc.	Reduce 0.04%	2,544	0.00
☰	ICLR - ICON plc	Reduce 0.09%	15	0.00
☰	MRP - Millrose Properties	Reduce 0.10%	4,689	0.00
☰	OSK - Oshkosh Corp.	Reduce 0.21%	5,310	0.01
☰	PHM - PulteGroup Inc.	Reduce 0.64%	35,400	0.07
☰	LEA - Lear Corp.	Reduce 1.10%	19,786	0.03
☰	DHI - D.R. Horton	Reduce 4.22%	153,617	0.40
☰	SCHW - Charles Schwab Corp.	Reduce 16.67%	2,500	0.00
☰	CRH - CRH plc	Reduce 20.00%	5,000	0.01
☰	GM - General Motors	Reduce 34.19%	7,885,401	7.31
☰	C - Citigroup Inc.	Reduce 60.06%	50,013	0.08
☰	TEX - Terex Corp.	Reduce 98.69%	1,458,311	1.13
☰	GS - Goldman Sachs Group	Sell 100.00%	1,000	0.01
	Q3 2025
☰	NOV - Nov Inc.	Add 15.36%	765,166	0.15
☰	LEN - Lennar Corp.	Add 1.68%	159,809	0.31
☰	AVTR - Avantor Inc.	Buy	18,311,570	3.48
☰	BAX - Baxter International Inc.	Buy	6,288,349	2.18
☰	VBIL - Vanguard 0 3m T Bill ETF	Buy	500,000	0.57
☰	PHM - PulteGroup Inc.	Reduce 0.19%	10,600	0.02
☰	TOL - Toll Brothers	Reduce 0.37%	20,947	0.04
☰	ARW - Arrow Electronics	Reduce 0.75%	14,300	0.03
☰	AVT - Avnet Inc.	Reduce 0.86%	34,000	0.03
☰	OSK - Oshkosh Corp.	Reduce 1.09%	27,800	0.05
☰	DHI - D.R. Horton	Reduce 1.18%	43,300	0.08
☰	ICLR - ICON plc	Reduce 1.27%	224	0.00
☰	TEX - Terex Corp.	Reduce 1.48%	22,200	0.02
☰	GM - General Motors	Reduce 2.49%	590,000	0.43
☰	LEA - Lear Corp.	Reduce 2.49%	45,823	0.06
☰	MTH - Meritage Homes Corp.	Reduce 2.61%	39,001	0.04
☰	CRH - CRH plc	Reduce 7.19%	1,937	0.00
☰	G - Genpact Ltd.	Reduce 9.24%	1,018	0.00
☰	JPM - JPMorgan Chase & Co.	Reduce 20.00%	1,000	0.00
☰	SCHW - Charles Schwab Corp.	Reduce 25.00%	5,000	0.01
☰	MRP - Millrose Properties	Reduce 41.66%	3,286,243	1.40
☰	GS - Goldman Sachs Group	Reduce 60.00%	1,500	0.02
☰	C - Citigroup Inc.	Reduce 99.49%	16,092,290	20.37
☰	MS - Morgan Stanley	Sell 100.00%	10,000	0.02
	Q2 2025
☰	NOV - Nov Inc.	Add 21.11%	868,359	0.16
☰	STLA - Stellantis N.V.	Add 20.00%	6,000	0.00
☰	MTH - Meritage Homes Corp.	Add 4.01%	57,587	0.06
☰	TOL - Toll Brothers	Add 0.71%	39,334	0.07
☰	LEN - Lennar Corp.	Add 0.57%	53,630	0.09
☰	DHI - D.R. Horton	Add 0.17%	6,300	0.01
☰	OSK - Oshkosh Corp.	Add 0.03%	800	0.00
☰	ICLR - ICON plc	Buy	17,633	0.04
☰	MRP - Millrose Properties	Reduce 0.01%	501	0.00
☰	ARW - Arrow Electronics	Reduce 0.06%	1,058	0.00
☰	AVT - Avnet Inc.	Reduce 0.06%	2,300	0.00
☰	LEA - Lear Corp.	Reduce 0.10%	1,800	0.00
☰	PHM - PulteGroup Inc.	Reduce 0.12%	6,900	0.01
☰	TEX - Terex Corp.	Reduce 0.21%	3,200	0.00
☰	GM - General Motors	Reduce 0.53%	125,702	0.09
☰	C - Citigroup Inc.	Reduce 2.94%	490,280	0.55
☰	G - Genpact Ltd.	Reduce 92.49%	135,660	0.11
☰	BRK.B - Berkshire Hathaway CL B	Sell 100.00%	1,001	0.01
☰	RHI - Robert Half International	Sell 100.00%	3,800	0.00
	Q1 2025
☰	MTH - Meritage Homes Corp.	Add 94.09%	695,355	0.79
☰	NOV - Nov Inc.	Add 25.01%	823,115	0.20
☰	LEN - Lennar Corp.	Add 3.00%	275,220	0.50
☰	ARW - Arrow Electronics	Add 0.47%	8,900	0.01
☰	TOL - Toll Brothers	Add 0.47%	26,079	0.04
☰	GM - General Motors	Add 0.24%	56,616	0.04
☰	DHI - D.R. Horton	Add 0.09%	3,200	0.01
☰	LEA - Lear Corp.	Add 0.07%	1,200	0.00
☰	AVT - Avnet Inc.	Add 0.06%	2,400	0.00
☰	OSK - Oshkosh Corp.	Add 0.06%	1,500	0.00
☰	PHM - PulteGroup Inc.	Add 0.06%	3,100	0.01
☰	MRP - Millrose Properties	Buy	7,888,017	3.32
☰	STLA - Stellantis N.V.	Buy	30,000	0.01
☰	RHI - Robert Half International	Buy	3,800	0.00
☰	C - Citigroup Inc.	Reduce 1.21%	204,922	0.21
☰	G - Genpact Ltd.	Reduce 88.08%	1,083,660	0.69
☰	CRH - CRH plc	Reduce 95.74%	604,856	0.82
☰	IP - International Paper Co (IP)	Sell 100.00%	35,288	0.03
	Q4 2024
☰	NOV - Nov Inc.	Add 61.69%	1,255,666	0.27
☰	LEA - Lear Corp.	Add 1.24%	22,601	0.03
☰	ARW - Arrow Electronics	Add 1.09%	20,484	0.03
☰	AVT - Avnet Inc.	Add 0.97%	38,185	0.03
☰	LEN - Lennar Corp.	Add 0.85%	77,549	0.16
☰	OSK - Oshkosh Corp.	Add 0.62%	15,622	0.02
☰	TEX - Terex Corp.	Add 0.22%	3,290	0.00
☰	DHI - D.R. Horton	Add 0.00%	58	0.00
☰	C - Citigroup Inc.	Reduce 0.07%	12,626	0.01
☰	LEN.B - Lennar Corp. CL B	Reduce 0.07%	272	0.00
☰	TOL - Toll Brothers	Reduce 0.10%	5,627	0.01
☰	PHM - PulteGroup Inc.	Reduce 0.16%	8,951	0.02
☰	GM - General Motors	Reduce 0.45%	107,412	0.06
☰	MTH - Meritage Homes Corp.	Reduce 0.72%	5,350	0.01
☰	G - Genpact Ltd.	Reduce 1.08%	13,475	0.01
☰	GS - Goldman Sachs Group	Reduce 72.35%	6,540	0.04
☰	CRH - CRH plc	Reduce 94.34%	10,523,480	11.44
	Q3 2024
☰	NOV - Nov Inc.	Add 13.14%	236,400	0.04
☰	GM - General Motors	Add 2.42%	564,198	0.30
☰	C - Citigroup Inc.	Add 1.46%	242,545	0.18
☰	LEN - Lennar Corp.	Add 1.28%	114,654	0.25
☰	OSK - Oshkosh Corp.	Add 0.77%	19,442	0.02
☰	CRH - CRH plc	Add 0.32%	35,209	0.04
☰	PHM - PulteGroup Inc.	Add 0.30%	16,871	0.03
☰	G - Genpact Ltd.	Add 0.24%	3,038	0.00
☰	LEA - Lear Corp.	Add 0.15%	2,766	0.00
☰	ARW - Arrow Electronics	Add 0.08%	1,493	0.00
☰	AVT - Avnet Inc.	Add 0.06%	2,314	0.00
☰	DHI - D.R. Horton	Add 0.04%	1,612	0.00
☰	TEX - Terex Corp.	Add 0.01%	172	0.00
☰	TOL - Toll Brothers	Reduce 0.43%	23,657	0.04
☰	MTH - Meritage Homes Corp.	Reduce 3.60%	27,790	0.06
☰	LEN.B - Lennar Corp. CL B	Reduce 24.53%	118,419	0.22
☰	JPM - JPMorgan Chase & Co.	Reduce 33.33%	2,500	0.01
☰	GS - Goldman Sachs Group	Reduce 84.21%	48,219	0.29
☰	IP - International Paper Co (IP)	Reduce 99.35%	5,368,597	3.04
☰	MMM - 3M Co.	Sell 100.00%	2,368	0.00
	Q2 2024
☰	G - Genpact Ltd.	Add 14.08%	153,140	0.06
☰	DHI - D.R. Horton	Add 2.28%	81,900	0.15
☰	C - Citigroup Inc.	Add 2.14%	349,086	0.29
☰	ARW - Arrow Electronics	Add 1.73%	32,052	0.05
☰	AVT - Avnet Inc.	Add 1.65%	63,801	0.04
☰	TEX - Terex Corp.	Add 1.58%	23,371	0.02
☰	OSK - Oshkosh Corp.	Add 1.49%	36,953	0.05
☰	LEA - Lear Corp.	Add 0.99%	17,820	0.03
☰	TOL - Toll Brothers	Add 0.96%	52,893	0.08
☰	CRH - CRH plc	Add 0.83%	91,267	0.09
☰	GM - General Motors	Add 0.49%	112,500	0.07
☰	LEN - Lennar Corp.	Add 0.44%	39,075	0.08
☰	PHM - PulteGroup Inc.	Reduce 1.67%	94,510	0.10
☰	LEN.B - Lennar Corp. CL B	Reduce 6.59%	34,050	0.05
☰	MTH - Meritage Homes Corp.	Reduce 6.62%	54,752	0.09
☰	IP - International Paper Co (IP)	Reduce 46.84%	4,761,500	1.71
☰	GS - Goldman Sachs Group	Reduce 97.51%	2,238,918	8.61
☰	JPM - JPMorgan Chase & Co.	Reduce 99.84%	4,618,884	8.52
☰	WRK - Westrock CO (WRK)	Sell 100.00%	12,644,411	5.76
☰	FTI - TechnipFMC plc	Sell 100.00%	15,500	0.00
	Q1 2024
☰	G - Genpact Ltd.	Add 259.19%	784,830	0.24
☰	NOV - Nov Inc.	Add 13.11%	208,576	0.04
☰	IP - International Paper Co (IP)	Add 3.36%	329,990	0.12
☰	TEX - Terex Corp.	Add 1.35%	19,600	0.01
☰	ARW - Arrow Electronics	Add 1.33%	24,300	0.03
☰	DHI - D.R. Horton	Add 1.13%	40,045	0.06
☰	C - Citigroup Inc.	Add 1.11%	178,455	0.10
☰	AVT - Avnet Inc.	Add 0.62%	23,738	0.01
☰	GM - General Motors	Add 0.50%	115,900	0.05
☰	OSK - Oshkosh Corp.	Add 0.42%	10,300	0.01
☰	LEA - Lear Corp.	Add 0.35%	6,200	0.01
☰	MTH - Meritage Homes Corp.	Add 0.01%	114	0.00
☰	TOL - Toll Brothers	Reduce 0.58%	32,093	0.04
☰	PHM - PulteGroup Inc.	Reduce 0.97%	55,550	0.06
☰	CRH - CRH plc	Reduce 1.02%	113,140	0.08
☰	LEN - Lennar Corp.	Reduce 1.21%	109,254	0.17
☰	GS - Goldman Sachs Group	Reduce 1.47%	34,300	0.14
☰	JPM - JPMorgan Chase & Co.	Reduce 2.06%	97,120	0.18
☰	WRK - Westrock CO (WRK)	Reduce 5.71%	766,210	0.34
☰	LEN.B - Lennar Corp. CL B	Reduce 9.24%	52,609	0.07
	Q4 2023
☰	TEX - Terex Corp.	Add 101.48%	733,690	0.45
☰	C - Citigroup Inc.	Add 22.40%	2,948,512	1.62
☰	ARW - Arrow Electronics	Add 3.95%	69,400	0.09
☰	GM - General Motors	Add 3.68%	818,270	0.31
☰	NOV - Nov Inc.	Add 1.82%	28,500	0.01
☰	AVT - Avnet Inc.	Add 1.66%	62,710	0.03
☰	MTH - Meritage Homes Corp.	Add 1.58%	12,841	0.02
☰	DHI - D.R. Horton	Add 0.98%	34,366	0.06
☰	CRH - CRH plc	Add 0.94%	103,510	0.08
☰	LEN - Lennar Corp.	Add 0.67%	60,461	0.10
☰	OSK - Oshkosh Corp.	Add 0.45%	11,100	0.01
☰	PHM - PulteGroup Inc.	Add 0.43%	24,350	0.03
☰	IP - International Paper Co (IP)	Add 0.26%	25,640	0.01
☰	LEA - Lear Corp.	Add 0.17%	3,030	0.00
☰	JPM - JPMorgan Chase & Co.	Add 0.10%	4,500	0.01
☰	LEN.B - Lennar Corp. CL B	Add 0.07%	385	0.00
☰	G - Genpact Ltd.	Buy	302,805	0.11
☰	GS - Goldman Sachs Group	Reduce 0.15%	3,460	0.01
☰	TOL - Toll Brothers	Reduce 0.16%	8,920	0.01
☰	WRK - Westrock CO (WRK)	Reduce 0.81%	109,149	0.05
☰	WHR - Whirlpool Corp.	Sell 100.00%	1,585,070	2.75
☰	GIL - Gildan Activewear Inc.	Sell 100.00%	561,734	0.20
☰	ALV - Autoliv Inc.	Sell 100.00%	40,285	0.05
	Q3 2023
☰	CRH - CRH plc	Add 428.02%	8,947,902	6.35
☰	C - Citigroup Inc.	Add 20.00%	2,193,883	1.17
☰	ARW - Arrow Electronics	Add 17.30%	259,090	0.42
☰	IP - International Paper Co (IP)	Add 7.52%	685,850	0.32
☰	OSK - Oshkosh Corp.	Add 4.28%	100,861	0.12
☰	AVT - Avnet Inc.	Add 3.56%	129,600	0.08
☰	GS - Goldman Sachs Group	Add 2.57%	58,371	0.24
☰	GM - General Motors	Add 0.83%	183,770	0.08
☰	MTH - Meritage Homes Corp.	Add 0.38%	3,059	0.00
☰	TOL - Toll Brothers	Add 0.29%	15,960	0.02
☰	NOV - Nov Inc.	Buy	1,561,900	0.42
☰	WRK - Westrock CO (WRK)	Reduce 0.31%	41,700	0.02
☰	LEN.B - Lennar Corp. CL B	Reduce 0.74%	4,270	0.01
☰	LEN - Lennar Corp.	Reduce 0.93%	84,000	0.14
☰	LEA - Lear Corp.	Reduce 1.06%	19,200	0.04
☰	PHM - PulteGroup Inc.	Reduce 1.41%	81,332	0.08
☰	JPM - JPMorgan Chase & Co.	Reduce 1.83%	87,900	0.17
☰	TEX - Terex Corp.	Reduce 2.17%	16,000	0.01
☰	DHI - D.R. Horton	Reduce 2.25%	80,860	0.13
☰	WHR - Whirlpool Corp.	Reduce 24.95%	526,860	1.04
☰	GIL - Gildan Activewear Inc.	Reduce 46.29%	484,106	0.21
☰	ALV - Autoliv Inc.	Reduce 48.38%	37,755	0.04
☰	BAC - Bank of America Corp.	Sell 100.00%	1,244,500	0.47
	Q2 2023
☰	ARW - Arrow Electronics	Add 122.93%	826,051	1.57
☰	IP - International Paper Co (IP)	Add 43.34%	2,758,480	1.16
☰	CRH - CRH plc	Add 21.68%	372,480	0.28
☰	OSK - Oshkosh Corp.	Add 20.46%	400,519	0.46
☰	AVT - Avnet Inc.	Add 15.36%	484,986	0.32
☰	C - Citigroup Inc.	Add 8.82%	889,450	0.54
☰	GM - General Motors	Add 8.76%	1,774,100	0.91
☰	WRK - Westrock CO (WRK)	Add 6.90%	874,750	0.34
☰	LEA - Lear Corp.	Add 4.66%	80,480	0.15
☰	TOL - Toll Brothers	Add 3.57%	191,012	0.20
☰	PHM - PulteGroup Inc.	Add 2.57%	144,960	0.15
☰	GS - Goldman Sachs Group	Add 2.28%	50,768	0.22
☰	JPM - JPMorgan Chase & Co.	Add 1.44%	68,120	0.13
☰	MTH - Meritage Homes Corp.	Add 0.05%	440	0.00
☰	TEX - Terex Corp.	Buy	739,010	0.59
☰	LEN - Lennar Corp.	Reduce 0.39%	35,138	0.06
☰	BAC - Bank of America Corp.	Reduce 0.40%	5,000	0.00
☰	LEN.B - Lennar Corp. CL B	Reduce 0.67%	3,875	0.01
☰	WHR - Whirlpool Corp.	Reduce 0.70%	14,860	0.03
☰	DHI - D.R. Horton	Reduce 1.58%	57,581	0.09
☰	GIL - Gildan Activewear Inc.	Reduce 4.06%	44,260	0.02
☰	F - Ford Motor Co (F)	Sell 100.00%	5,576,500	1.09
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Sell 100.00%	66,559	0.04
☰	SWK - Stanley Black & Decker Inc.	Sell 100.00%	14,430	0.02
☰	BIL - SPDR Bloomberg 1 3 Month T B	Sell 100.00%	5,350	0.01
	Q1 2023
☰	AVT - Avnet Inc.	Add 135.60%	1,817,333	1.27
☰	LEA - Lear Corp.	Add 67.00%	693,500	1.50
☰	GM - General Motors	Add 32.27%	4,943,115	2.81
☰	C - Citigroup Inc.	Add 31.23%	2,399,160	1.75
☰	WRK - Westrock CO (WRK)	Add 27.70%	2,752,196	1.30
☰	OSK - Oshkosh Corp.	Add 12.64%	219,635	0.28
☰	IP - International Paper Co (IP)	Add 4.66%	283,600	0.16
☰	GS - Goldman Sachs Group	Add 2.01%	43,922	0.22
☰	PHM - PulteGroup Inc.	Add 0.26%	14,400	0.01
☰	ARW - Arrow Electronics	Buy	671,987	1.30
☰	F - Ford Motor Co (F)	Buy	5,576,500	1.09
☰	TOL - Toll Brothers	Reduce 0.15%	7,934	0.01
☰	BAC - Bank of America Corp.	Reduce 0.40%	5,000	0.00
☰	LEN.B - Lennar Corp. CL B	Reduce 0.40%	2,295	0.00
☰	MTH - Meritage Homes Corp.	Reduce 1.13%	9,300	0.02
☰	JPM - JPMorgan Chase & Co.	Reduce 1.19%	57,000	0.14
☰	LEN - Lennar Corp.	Reduce 1.76%	162,877	0.26
☰	DHI - D.R. Horton	Reduce 2.92%	110,000	0.17
☰	GIL - Gildan Activewear Inc.	Reduce 2.98%	33,500	0.02
☰	CRH - CRH plc	Reduce 4.98%	90,000	0.06
☰	WHR - Whirlpool Corp.	Reduce 21.48%	581,785	1.46
☰	BIL - SPDR Bloomberg 1 3 Month T B	Reduce 54.10%	6,305	0.01
☰	SWK - Stanley Black & Decker Inc.	Reduce 98.88%	1,275,327	1.70
☰	PSQ - Proshares Short QQQ (PSQ)	Sell 100.00%	1,005,000	0.26
☰	SH - Proshares Short S&P500 (SH)	Sell 100.00%	695,000	0.20
	Q4 2022
☰	IP - International Paper Co (IP)	Add 22.06%	1,099,100	0.68
☰	GIL - Gildan Activewear Inc.	Add 18.72%	177,200	0.09
☰	C - Citigroup Inc.	Add 6.32%	456,730	0.37
☰	PHM - PulteGroup Inc.	Add 6.01%	318,680	0.26
☰	LEA - Lear Corp.	Add 4.32%	42,846	0.09
☰	MTH - Meritage Homes Corp.	Add 3.38%	26,766	0.04
☰	GM - General Motors	Add 3.33%	493,061	0.29
☰	LEN.B - Lennar Corp. CL B	Add 1.64%	9,347	0.01
☰	CRH - CRH plc	Add 0.73%	13,090	0.01
☰	BAC - Bank of America Corp.	Buy	1,254,500	0.74
☰	TOL - Toll Brothers	Reduce 0.09%	4,934	0.00
☰	WRK - Westrock CO (WRK)	Reduce 0.12%	12,100	0.01
☰	OSK - Oshkosh Corp.	Reduce 0.13%	2,300	0.00
☰	AVT - Avnet Inc.	Reduce 0.17%	2,300	0.00
☰	DHI - D.R. Horton	Reduce 0.48%	18,280	0.03
☰	JPM - JPMorgan Chase & Co.	Reduce 0.52%	25,200	0.06
☰	LEN - Lennar Corp.	Reduce 0.60%	55,512	0.09
☰	GS - Goldman Sachs Group	Reduce 1.27%	28,113	0.17
☰	BIL - SPDR Bloomberg 1 3 Month T B	Reduce 2.14%	255	0.00
☰	SWK - Stanley Black & Decker Inc.	Reduce 2.76%	36,600	0.06
☰	WHR - Whirlpool Corp.	Reduce 4.36%	123,404	0.35
☰	ALV - Autoliv Inc.	Reduce 9.56%	8,250	0.01
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Reduce 34.81%	35,541	0.02
	Q3 2022
☰	CRH - CRH plc	Add 138.55%	1,042,510	0.71
☰	ALV - Autoliv Inc.	Add 61.80%	32,960	0.05
☰	LEA - Lear Corp.	Add 28.82%	221,994	0.56
☰	PHM - PulteGroup Inc.	Add 25.04%	1,062,570	0.84
☰	WRK - Westrock CO (WRK)	Add 12.66%	1,117,520	0.73
☰	C - Citigroup Inc.	Add 10.09%	661,950	0.58
☰	MTH - Meritage Homes Corp.	Add 7.95%	58,426	0.09
☰	JPM - JPMorgan Chase & Co.	Add 6.33%	287,128	0.63
☰	GM - General Motors	Add 2.28%	330,743	0.22
☰	SWK - Stanley Black & Decker Inc.	Add 0.41%	5,355	0.01
☰	TOL - Toll Brothers	Add 0.04%	1,900	0.00
☰	OSK - Oshkosh Corp.	Buy	1,739,974	2.57
☰	AVT - Avnet Inc.	Buy	1,342,470	1.02
☰	GIL - Gildan Activewear Inc.	Buy	946,400	0.56
☰	BIL - SPDR Bloomberg 1 3 Month T B	Buy	11,910	0.02
☰	LEN - Lennar Corp.	Reduce 0.01%	990	0.00
☰	WHR - Whirlpool Corp.	Reduce 0.05%	1,530	0.01
☰	IP - International Paper Co (IP)	Reduce 0.23%	11,600	0.01
☰	GS - Goldman Sachs Group	Reduce 0.32%	7,022	0.05
☰	DHI - D.R. Horton	Reduce 0.61%	23,229	0.03
☰	LEN.B - Lennar Corp. CL B	Reduce 0.84%	4,847	0.01
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Reduce 1.08%	1,110	0.00
☰	MMM - 3M Co.	Reduce 5.28%	132	0.00
☰	FTI - TechnipFMC plc	Reduce 16.67%	3,100	0.00
	Q2 2022
☰	SWK - Stanley Black & Decker Inc.	Add 614.74%	1,136,179	2.57
☰	JPM - JPMorgan Chase & Co.	Add 600.74%	3,886,845	9.45
☰	DHI - D.R. Horton	Add 421.47%	3,074,147	4.39
☰	LEA - Lear Corp.	Add 412.41%	619,900	1.68
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Add 312.84%	78,210	0.05
☰	LEN - Lennar Corp.	Add 24.78%	1,851,157	2.82
☰	WRK - Westrock CO (WRK)	Add 23.03%	1,652,804	1.42
☰	C - Citigroup Inc.	Add 22.18%	1,191,580	1.18
☰	LEN.B - Lennar Corp. CL B	Add 16.16%	79,996	0.10
☰	GS - Goldman Sachs Group	Add 5.43%	114,111	0.73
☰	TOL - Toll Brothers	Add 2.80%	145,700	0.14
☰	GM - General Motors	Add 0.63%	90,930	0.06
☰	PHM - PulteGroup Inc.	Buy	4,242,740	3.63
☰	MTH - Meritage Homes Corp.	Buy	734,559	1.15
☰	CRH - CRH plc	Buy	752,445	0.57
☰	ALV - Autoliv Inc.	Buy	53,330	0.08
☰	FTI - TechnipFMC plc	Buy	18,600	0.00
☰	WHR - Whirlpool Corp.	Reduce 0.00%	100	0.00
☰	IP - International Paper Co (IP)	Reduce 0.02%	1,000	0.00
	Q1 2022
☰	JPM - JPMorgan Chase & Co.	Add 12,840.22%	642,011	2.32
☰	IP - International Paper Co (IP)	Add 195.98%	3,307,625	4.05
☰	C - Citigroup Inc.	Add 18.66%	844,900	1.20
☰	LEN.B - Lennar Corp. CL B	Add 9.74%	43,920	0.08
☰	GM - General Motors	Add 9.56%	1,257,335	1.46
☰	LEN - Lennar Corp.	Add 3.81%	274,308	0.59
☰	GS - Goldman Sachs Group	Add 3.79%	76,735	0.67
☰	TOL - Toll Brothers	Add 0.37%	19,407	0.02
☰	WRK - Westrock CO (WRK)	Buy	7,176,300	8.95
☰	SWK - Stanley Black & Decker Inc.	Buy	184,823	0.69
☰	WHR - Whirlpool Corp.	Reduce 0.03%	916	0.01
☰	LEA - Lear Corp.	Reduce 0.33%	500	0.00
☰	DHI - D.R. Horton	Reduce 1.07%	7,900	0.02
☰	SCHW - Charles Schwab Corp.	Reduce 11.11%	2,500	0.01
☰	BRK.B - Berkshire Hathaway CL B	Reduce 59.98%	1,500	0.01
☰	RVTY - Perkinelmer Inc	Sell 100.00%	1,000	0.01
	Q4 2021
☰	GM - General Motors	Add 26.50%	2,753,955	4.08
☰	LEN - Lennar Corp.	Add 2.75%	192,408	0.57
☰	WHR - Whirlpool Corp.	Add 2.37%	65,605	0.39
☰	GS - Goldman Sachs Group	Add 0.49%	9,851	0.10
☰	C - Citigroup Inc.	Buy	4,527,140	6.91
☰	IP - International Paper Co	Buy	1,687,700	2.00
☰	RVTY - Perkinelmer Inc	Buy	1,000	0.01
☰	TOL - Toll Brothers	Reduce 0.21%	10,800	0.02
☰	LEN.B - Lennar Corp. CL B	Reduce 0.39%	1,786	0.00
☰	LEA - Lear Corp.	Reduce 0.92%	1,400	0.01
☰	DHI - D.R. Horton	Reduce 3.24%	24,660	0.07
☰	SCHW - Charles Schwab Corp.	Reduce 46.41%	19,487	0.05
☰	MS - Morgan Stanley	Reduce 96.26%	257,090	0.84
☰	CF - CF Industries Holdings, Inc. (CF)	Sell 100.00%	30,000	0.06
	Q3 2021
☰	TOL - Toll Brothers	Add 1.16%	59,880	0.11
☰	WHR - Whirlpool Corp.	Add 1.13%	30,815	0.21
☰	GM - General Motors	Reduce 0.24%	24,835	0.04
☰	LEN - Lennar Corp.	Reduce 0.28%	19,593	0.06
☰	LEN.B - Lennar Corp. CL B	Reduce 0.28%	1,267	0.00
☰	DHI - D.R. Horton	Reduce 1.80%	14,000	0.04
☰	MS - Morgan Stanley	Reduce 3.33%	9,200	0.02
☰	GS - Goldman Sachs Group	Reduce 23.77%	628,263	6.97
☰	CF - CF Industries Holdings, Inc. (CF)	Reduce 38.14%	18,500	0.03
☰	SCHW - Charles Schwab Corp.	Reduce 70.89%	102,240	0.22
☰	BRK.B - Berkshire Hathaway CL B	Reduce 90.38%	23,490	0.19
☰	BU3 - Bunge Ltd (BG)	Sell 100.00%	40,500	0.09
	Q2 2021
☰	SH - Proshares Short S&P500 (SH)	Add 12.10%	75,000	0.03
☰	LEN - Lennar Corp.	Reduce 0.04%	2,735	0.01
☰	LEN.B - Lennar Corp. CL B	Reduce 0.36%	1,646	0.00
☰	GS - Goldman Sachs Group	Reduce 0.87%	23,270	0.17
☰	GM - General Motors	Reduce 1.26%	132,730	0.17
☰	WHR - Whirlpool Corp.	Reduce 1.63%	45,360	0.23
☰	TOL - Toll Brothers	Reduce 3.96%	212,064	0.27
☰	DHI - D.R. Horton	Reduce 27.98%	301,499	0.61
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Reduce 32.71%	12,152	0.02
☰	LEA - Lear Corp.	Reduce 70.34%	361,011	1.48
☰	SCHW - Charles Schwab Corp.	Reduce 88.50%	1,110,460	1.64
☰	BRK.B - Berkshire Hathaway CL B	Reduce 91.25%	271,147	1.57
☰	BU3 - Bunge Ltd (BG)	Reduce 93.48%	580,900	1.04
☰	MS - Morgan Stanley	Reduce 95.15%	5,417,974	9.51
☰	CF - CF Industries Holdings, Inc. (CF)	Reduce 98.04%	2,426,061	2.49
☰	DE - Deere & Co.	Sell 100.00%	595,557	5.04
☰	PHM - PulteGroup Inc.	Sell 100.00%	1,008,744	1.20
☰	OC - Owens Corning	Sell 100.00%	243,926	0.51
☰	ALV - Autoliv Inc.	Sell 100.00%	28,500	0.06
	Q1 2021
☰	PSQ - Proshares Short QQQ (PSQ)	Add 23.46%	191,000	0.06
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Add 8.00%	2,752	0.00
☰	WHR - Whirlpool Corp.	Add 0.04%	1,058	0.01
☰	LEN.B - Lennar Corp. CL B	Add 0.03%	123	0.00
☰	SH - Proshares Short S&P500 (SH)	Buy	620,000	0.23
☰	TOL - Toll Brothers	Reduce 0.04%	2,327	0.00
☰	LEN - Lennar Corp.	Reduce 6.87%	518,620	0.74
☰	GS - Goldman Sachs Group	Reduce 12.97%	397,341	1.97
☰	BRK.B - Berkshire Hathaway CL B	Reduce 24.85%	98,279	0.43
☰	CF - CF Industries Holdings, Inc. (CF)	Reduce 27.18%	923,700	0.67
☰	SCHW - Charles Schwab Corp.	Reduce 28.16%	491,730	0.49
☰	MS - Morgan Stanley	Reduce 40.32%	3,846,281	4.96
☰	GM - General Motors	Reduce 42.62%	7,837,812	6.15
☰	BU3 - Bunge Ltd (BG)	Reduce 42.79%	464,761	0.57
☰	OC - Owens Corning	Reduce 43.99%	191,570	0.27
☰	PHM - PulteGroup Inc.	Reduce 47.16%	900,396	0.73
☰	DE - Deere & Co.	Reduce 58.36%	834,815	4.23
☰	ALV - Autoliv Inc.	Reduce 59.11%	41,200	0.07
☰	DHI - D.R. Horton	Reduce 67.51%	2,238,596	2.90
☰	C - Citigroup Inc.	Sell 100.00%	4,649,084	5.40
☰	F - Ford Motor Co (F)	Sell 100.00%	19,458,550	3.22
☰	ADNT - Adient plc	Sell 100.00%	1,460,196	0.96
☰	PWR - Quanta Services, Inc.	Sell 100.00%	218,595	0.30
☰	FDX - FedEx Corp.	Sell 100.00%	2,500	0.01
	Q4 2020
☰	C - Citigroup Inc.	Add 121.36%	2,548,880	2.96
☰	PSQ - Proshares Short QQQ (PSQ)	Add 65.45%	322,000	0.09
☰	MS - Morgan Stanley	Add 3.59%	330,771	0.43
☰	GS - Goldman Sachs Group	Add 3.03%	90,008	0.45
☰	F - Ford Motor Co (F)	Add 1.55%	296,640	0.05
☰	TOL - Toll Brothers	Add 1.27%	66,970	0.05
☰	GM - General Motors	Add 0.88%	160,290	0.13
☰	FDX - FedEx Corp.	Buy	2,500	0.01
☰	CF - CF Industries Holdings, Inc. (CF)	Reduce 0.06%	2,130	0.00
☰	LEA - Lear Corp.	Reduce 0.33%	1,700	0.00
☰	WHR - Whirlpool Corp.	Reduce 0.34%	9,520	0.04
☰	BU3 - Bunge Ltd (BG)	Reduce 0.37%	4,000	0.00
☰	LEN - Lennar Corp.	Reduce 0.58%	43,683	0.08
☰	LEN.B - Lennar Corp. CL B	Reduce 1.70%	7,857	0.01
☰	ALV - Autoliv Inc.	Reduce 3.86%	2,800	0.00
☰	OC - Owens Corning	Reduce 4.82%	22,030	0.03
☰	DHI - D.R. Horton	Reduce 5.42%	190,131	0.32
☰	PHM - PulteGroup Inc.	Reduce 6.69%	136,815	0.14
☰	ADNT - Adient plc	Reduce 11.44%	188,590	0.07
☰	BRK.B - Berkshire Hathaway CL B	Reduce 11.47%	51,230	0.24
☰	DE - Deere & Co.	Reduce 29.11%	587,478	2.86
☰	PWR - Quanta Services, Inc.	Reduce 33.76%	111,425	0.13
☰	SCHW - Charles Schwab Corp.	Reduce 47.79%	1,598,523	1.27
☰	MMM - 3M Co.	Reduce 50.00%	2,500	0.01
☰	AMTD - TD Ameritrade (AMTD)	Sell 100.00%	5,170	0.00
	Q3 2020
☰	LEA - Lear Corp.	Add 76.82%	223,710	0.53
☰	GM - General Motors	Add 29.50%	4,151,969	2.70
☰	BU3 - Bunge Ltd (BG)	Add 23.59%	208,100	0.21
☰	TOL - Toll Brothers	Add 4.33%	219,782	0.24
☰	GS - Goldman Sachs Group	Add 0.91%	26,750	0.12
☰	WHR - Whirlpool Corp.	Add 0.46%	12,770	0.05
☰	PSQ - Proshares Short QQQ (PSQ)	Buy	492,000	0.18
☰	CF - CF Industries Holdings, Inc. (CF)	Reduce 1.62%	56,100	0.03
☰	ADNT - Adient plc	Reduce 2.23%	37,600	0.01
☰	ALV - Autoliv Inc.	Reduce 2.55%	1,900	0.00
☰	MS - Morgan Stanley	Reduce 3.00%	285,100	0.30
☰	DE - Deere & Co.	Reduce 3.31%	69,060	0.24
☰	C - Citigroup Inc.	Reduce 6.51%	146,170	0.17
☰	BRK.B - Berkshire Hathaway CL B	Reduce 7.51%	36,255	0.14
☰	SCHW - Charles Schwab Corp.	Reduce 8.70%	318,728	0.24
☰	LEN.B - Lennar Corp. CL B	Reduce 19.37%	111,377	0.11
☰	LEN - Lennar Corp.	Reduce 19.79%	1,872,369	2.55
☰	F - Ford Motor Co (F)	Reduce 27.15%	7,142,579	0.96
☰	OC - Owens Corning	Reduce 45.16%	376,790	0.47
☰	DHI - D.R. Horton	Reduce 55.99%	4,460,325	5.48
☰	PWR - Quanta Services, Inc.	Reduce 60.38%	502,991	0.43
☰	PHM - PulteGroup Inc.	Reduce 61.03%	3,204,291	2.42
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Reduce 81.78%	154,437	0.12
☰	JPM - JPMorgan Chase & Co.	Reduce 97.81%	223,725	0.47
☰	FDX - FedEx Corp.	Sell 100.00%	804,960	2.50
☰	MHK - Mohawk Industries	Sell 100.00%	714,874	1.61
☰	KBH - KB Home(KBH)	Sell 100.00%	1,809,400	1.23
☰	MTH - Meritage Homes Corp.	Sell 100.00%	32,700	0.06
☰	TMHC - Taylor Morrison Home Corp.	Sell 100.00%	39,183	0.02
☰	TPH - Tri Pointe Homes, Inc.	Sell 100.00%	14,700	0.00
☰	ETRN - Equitrans Midstream Corp (ETRN)	Sell 100.00%	17,809	0.00
	Q2 2020
☰	OC - Owens Corning	Add 332.51%	641,416	0.79
☰	MHK - Mohawk Industries	Add 262.34%	517,578	1.17
☰	MS - Morgan Stanley	Add 225.71%	6,579,774	7.03
☰	DE - Deere & Co.	Add 106.30%	1,075,338	3.74
☰	PHM - PulteGroup Inc.	Add 57.25%	1,911,503	1.44
☰	KBH - KB Home(KBH)	Add 52.91%	626,100	0.43
☰	GM - General Motors	Add 39.43%	3,980,711	2.23
☰	TOL - Toll Brothers	Add 2.03%	100,959	0.07
☰	GS - Goldman Sachs Group	Add 1.36%	39,533	0.17
☰	WHR - Whirlpool Corp.	Add 0.66%	18,355	0.05
☰	SCHW - Charles Schwab Corp.	Buy	3,663,668	2.74
☰	FDX - FedEx Corp.	Buy	804,960	2.50
☰	CF - CF Industries Holdings, Inc. (CF)	Buy	3,456,491	2.15
☰	BRK.B - Berkshire Hathaway CL B	Buy	482,902	1.91
☰	BU3 - Bunge Ltd (BG)	Buy	882,061	0.80
☰	LEA - Lear Corp.	Buy	291,211	0.70
☰	MDC - M.D.C. Holdings, Inc. (MDC)	Buy	188,837	0.15
☰	ALV - Autoliv Inc.	Buy	74,400	0.11
☰	MTH - Meritage Homes Corp.	Buy	32,700	0.06
☰	ETRN - Equitrans Midstream Corp (ETRN)	Buy	17,809	0.00
☰	LEN.B - Lennar Corp. CL B	Reduce 0.28%	1,626	0.00
☰	LEN - Lennar Corp.	Reduce 1.77%	170,896	0.24
☰	ADNT - Adient plc	Reduce 1.78%	30,515	0.01
☰	PWR - Quanta Services, Inc.	Reduce 2.07%	17,631	0.02
☰	DHI - D.R. Horton	Reduce 2.74%	224,348	0.28
☰	TPH - Tri Pointe Homes, Inc.	Reduce 10.37%	1,700	0.00
☰	TMHC - Taylor Morrison Home Corp.	Reduce 10.91%	4,800	0.00
☰	F - Ford Motor Co (F)	Reduce 23.19%	7,940,837	1.43
☰	JPM - JPMorgan Chase & Co.	Reduce 50.82%	236,375	0.79
☰	MMM - 3M Co.	Reduce 60.94%	7,800	0.04
☰	C - Citigroup Inc.	Reduce 73.46%	6,216,566	9.74
☰	AXP - American Express	Sell 100.00%	563,900	1.80
☰	LEVI - Levi Strauss & Co.	Sell 100.00%	796,160	0.37
☰	RL - Ralph Lauren Corp (RL)	Sell 100.00%	105,736	0.26
	Q1 2020
☰	JPM - JPMorgan Chase & Co.	Add 9,202.00%	460,100	1.54
☰	PHM - PulteGroup Inc.	Add 117.16%	1,801,254	1.49
☰	TOL - Toll Brothers	Add 33.60%	1,250,046	0.90
☰	LEN - Lennar Corp.	Add 5.86%	532,818	0.76
☰	DHI - D.R. Horton	Add 0.95%	77,031	0.10
☰	LEN.B - Lennar Corp. CL B	Add 0.61%	3,470	0.00
☰	F - Ford Motor Co (F)	Add 0.16%	54,600	0.01
☰	WHR - Whirlpool Corp.	Add 0.09%	2,400	0.01
☰	DE - Deere & Co.	Buy	1,011,572	5.20
☰	MS - Morgan Stanley	Buy	2,915,100	3.69
☰	AXP - American Express	Buy	563,900	1.80
☰	KBH - KB Home(KBH)	Buy	1,183,300	0.80
☰	MHK - Mohawk Industries	Buy	197,296	0.56
☰	LEVI - Levi Strauss & Co.	Buy	796,160	0.37
☰	OC - Owens Corning	Buy	192,900	0.28
☰	RL - Ralph Lauren Corp (RL)	Buy	105,736	0.26
☰	ADNT - Adient plc	Reduce 4.14%	74,100	0.04
☰	GS - Goldman Sachs Group	Reduce 11.63%	382,719	1.96
☰	C - Citigroup Inc.	Reduce 28.97%	3,452,049	6.15
☰	MMM - 3M Co.	Reduce 48.80%	12,200	0.05
☰	GM - General Motors	Reduce 49.48%	9,885,759	8.07
☰	PWR - Quanta Services, Inc.	Reduce 51.51%	903,607	0.82
☰	TMHC - Taylor Morrison Home Corp.	Reduce 90.30%	409,572	0.20
☰	TPH - Tri Pointe Homes, Inc.	Reduce 98.66%	1,205,342	0.41
☰	FDX - FedEx Corp.	Sell 100.00%	35,200	0.12
	Q4 2019
☰	ADNT - Adient plc	Add 0.53%	9,437	0.00
☰	LEN.B - Lennar Corp. CL B	Reduce 0.01%	41	0.00
☰	TOL - Toll Brothers	Reduce 0.56%	21,077	0.02
☰	GM - General Motors	Reduce 0.89%	179,600	0.14
☰	F - Ford Motor Co (F)	Reduce 1.35%	468,694	0.09
☰	C - Citigroup Inc.	Reduce 1.56%	188,542	0.26
☰	GS - Goldman Sachs Group	Reduce 1.68%	56,215	0.24
☰	WHR - Whirlpool Corp.	Reduce 2.09%	58,768	0.19
☰	LEN - Lennar Corp.	Reduce 2.63%	246,127	0.28
☰	DHI - D.R. Horton	Reduce 2.83%	236,721	0.25
☰	AMTD - TD Ameritrade (AMTD)	Reduce 27.89%	2,000	0.00
☰	PWR - Quanta Services, Inc.	Reduce 28.72%	706,897	0.54
☰	TPH - Tri Pointe Homes, Inc.	Reduce 45.05%	1,001,830	0.31
☰	TMHC - Taylor Morrison Home Corp.	Reduce 47.78%	415,000	0.22
☰	PHM - PulteGroup Inc.	Reduce 58.02%	2,125,205	1.57
☰	FDX - FedEx Corp.	Reduce 96.89%	1,096,865	3.23
☰	JPM - JPMorgan Chase & Co.	Reduce 99.76%	2,069,113	4.93
☰	MS - Morgan Stanley	Sell 100.00%	273,500	0.24
☰	RSP - Invesco S&P 500 Equal Weight ETF	Sell 100.00%	57,500	0.13
	Q3 2019
☰	F - Ford Mtr Co Del	Add 6.82%	2,212,370	0.41
☰	LEN - Lennar Corp.	Add 0.28%	26,384	0.03
☰	C - Citigroup Inc.	Add 0.12%	14,187	0.02
☰	MS - Morgan Stanley	Buy	273,500	0.24
☰	LEN.B - Lennar Corp. CL B	Reduce 0.07%	393	0.00
☰	WHR - Whirlpool Corp.	Reduce 0.08%	2,190	0.01
☰	ADNT - Adient plc	Reduce 0.21%	3,660	0.00
☰	GM - General Motors	Reduce 0.40%	80,550	0.05
☰	GS - Goldman Sachs Group	Reduce 0.94%	31,590	0.11
☰	DHI - D.R. Horton	Reduce 1.77%	150,170	0.11
☰	PWR - Quanta Services, Inc.	Reduce 11.22%	310,920	0.21
☰	TOL - Toll Brothers	Reduce 13.48%	582,949	0.37
☰	RSP - Invesco S&P 500 Equal Weight ETF	Reduce 25.81%	20,000	0.04
☰	PHM - PulteGroup Inc.	Reduce 33.80%	1,870,015	1.03
☰	TPH - Tri Pointe Homes, Inc.	Reduce 53.64%	2,573,060	0.54
☰	JPM - JPMorgan Chase & Co.	Reduce 57.70%	2,828,963	5.52
☰	FDX - FedEx Corp.	Reduce 58.50%	1,595,668	4.57
☰	TMHC - Taylor Morrison Home Corp.	Reduce 68.19%	1,862,201	0.68
☰	EADSY - Airbus Group NV (EADSY)	Sell 100.00%	5,262,976	3.25
☰	KKR - KKR & Co. L.P.	Sell 100.00%	1,452,230	0.64
☰	MTH - Meritage Homes Corp.	Sell 100.00%	96,717	0.09
☰	DXC - DXC Technology Co (DXC)	Sell 100.00%	62,500	0.06
	Q2 2019
☰	GS - Goldman Sachs Group	Add 1.03%	34,494	0.12
☰	MTH - Meritage Homes Corp.	Add 0.93%	892	0.00
☰	F - Ford Motor Co (F)	Add 0.03%	9,302	0.00
☰	KKR - KKR & Co. L.P.	Buy	1,452,230	0.64
☰	RSP - Invesco S&P 500 Equal Weight ETF	Buy	77,500	0.15
☰	DXC - DXC Technology Co (DXC)	Buy	62,500	0.06
☰	ADNT - Adient plc	Reduce 0.14%	2,524	0.00
☰	LEN.B - Lennar Corp. CL B	Reduce 0.22%	1,249	0.00
☰	TOL - Toll Brothers	Reduce 0.32%	14,099	0.01
☰	LEN - Lennar Corp.	Reduce 0.39%	36,570	0.03
☰	GM - General Motors	Reduce 0.44%	89,542	0.06
☰	WHR - Whirlpool Corp.	Reduce 0.47%	13,422	0.03
☰	DHI - D.R. Horton	Reduce 0.52%	44,142	0.03
☰	PWR - Quanta Services, Inc.	Reduce 0.52%	14,484	0.01
☰	C - Citigroup Inc.	Reduce 0.55%	66,637	0.07
☰	FDX - FedEx Corp.	Reduce 0.81%	22,234	0.07
☰	TMHC - Taylor Morrison Home Corp.	Reduce 0.82%	22,539	0.01
☰	TPH - Tri Pointe Homes, Inc.	Reduce 0.90%	43,448	0.01
☰	JPM - JPMorgan Chase & Co.	Reduce 1.36%	67,497	0.12
☰	PHM - PulteGroup Inc.	Reduce 19.09%	1,305,686	0.65
☰	EADSY - Airbus Group NV (EADSY)	Reduce 43.23%	4,007,928	2.36
☰	ACM - AECOM Technology Corp.	Sell 100.00%	1,613,689	0.85
☰	STLA - Stellantis N.V.	Sell 100.00%	1,717,200	0.45
	Q1 2019
☰	MTH - Meritage Homes Corp.	Add 30.69%	22,500	0.02
☰	PWR - Quanta Services, Inc.	Add 2.05%	56,000	0.04
☰	FDX - FedEx Corp.	Add 0.75%	20,450	0.07
☰	LEN - Lennar Corp.	Add 0.03%	2,794	0.00
☰	STLA - Stellantis N.V.	Buy	1,717,200	0.45
☰	WHR - Whirlpool Corp.	Reduce 0.04%	1,100	0.00
☰	LEN.B - Lennar Corp. CL B	Reduce 0.05%	292	0.00
☰	ADNT - Adient plc	Reduce 0.27%	4,900	0.00
☰	GS - Goldman Sachs Group	Reduce 0.27%	9,000	0.03
☰	GM - General Motors	Reduce 0.30%	60,700	0.04
☰	C - Citigroup Inc.	Reduce 0.62%	75,270	0.08
☰	TOL - Toll Brothers	Reduce 0.84%	36,750	0.02
☰	DHI - D.R. Horton	Reduce 0.85%	73,375	0.05
☰	PHM - PulteGroup Inc.	Reduce 0.85%	58,500	0.03
☰	F - Ford Mtr Co Del	Reduce 1.08%	352,900	0.05
☰	TMHC - Taylor Morrison Home Corp.	Reduce 1.61%	44,943	0.01
☰	JPM - JPMorgan Chase & Co.	Reduce 1.63%	82,311	0.15
☰	TPH - Tri Pointe Homes, Inc.	Reduce 1.63%	80,219	0.02
☰	ACM - AECOM Technology Corp.	Reduce 1.88%	31,000	0.02
☰	MMM - 3M Co.	Reduce 50.00%	25,000	0.09
☰	EADSY - Airbus Group NV (EADSY)	Reduce 59.92%	13,858,252	6.35
	Q4 2018
☰	TOL - Toll Brothers	Add 6.54%	268,750	0.17
☰	PWR - Quanta Services, Inc.	Add 5.91%	152,250	0.09
☰	LEN.B - Lennar Corp. CL B	Add 0.84%	4,800	0.00
☰	LEN - Lennar Corp.	Add 0.72%	67,032	0.05
☰	GM - General Motors	Add 0.63%	127,400	0.08
☰	ACM - AECOM Technology Corp.	Add 0.53%	8,600	0.00
☰	GS - Goldman Sachs Group	Reduce 0.49%	16,522	0.06
☰	MTH - Meritage Homes Corp.	Reduce 0.68%	500	0.00
☰	F - Ford Motor Co (F)	Reduce 0.75%	247,900	0.04
☰	C - Citigroup Inc.	Reduce 0.96%	118,570	0.13
☰	DHI - D.R. Horton	Reduce 1.27%	111,100	0.07
☰	PHM - PulteGroup Inc.	Reduce 1.27%	89,000	0.03
☰	FDX - FedEx Corp.	Reduce 1.56%	43,210	0.16
☰	WHR - Whirlpool Corp.	Reduce 1.56%	45,050	0.08
☰	TMHC - Taylor Morrison Home Corp.	Reduce 1.68%	47,900	0.01
☰	TPH - Tri Pointe Homes, Inc.	Reduce 2.53%	127,700	0.02
☰	JPM - JPMorgan Chase & Co.	Reduce 3.06%	159,500	0.28
☰	EADSY - Airbus Group NV (EADSY)	Reduce 3.77%	906,328	0.44
☰	ADNT - Adient plc	Reduce 4.83%	90,900	0.06
☰	PX - Praxair Inc. (PX)	Sell 100.00%	20,000	0.05
	Q3 2018
☰	MTH - Meritage Homes Corp.	Add 10.58%	7,065	0.00
☰	PWR - Quanta Services, Inc.	Add 2.55%	64,200	0.03
☰	F - Ford Motor Co (F)	Add 0.97%	316,000	0.05
☰	TOL - Toll Brothers	Add 0.43%	17,500	0.01
☰	GM - General Motors	Add 0.35%	71,250	0.04
☰	LEN - Lennar Corp.	Add 0.22%	20,272	0.01
☰	ACM - AECOM Technology Corp.	Add 0.21%	3,400	0.00
☰	TMHC - Taylor Morrison Home Corp.	Add 0.20%	5,700	0.00
☰	C - Citigroup Inc.	Add 0.19%	23,965	0.03
☰	DHI - D.R. Horton	Add 0.08%	7,400	0.00
☰	PHM - PulteGroup Inc.	Reduce 0.02%	1,700	0.00
☰	LEN.B - Lennar Corp. CL B	Reduce 0.06%	351	0.00
☰	WHR - Whirlpool Corp.	Reduce 0.06%	1,700	0.00
☰	ADNT - Adient plc	Reduce 0.16%	3,100	0.00
☰	TPH - Tri Pointe Homes, Inc.	Reduce 0.21%	10,700	0.00
☰	FDX - FedEx Corp.	Reduce 0.63%	17,665	0.06
☰	GS - Goldman Sachs Group	Reduce 1.15%	39,183	0.13
☰	JPM - JPMorgan Chase & Co.	Reduce 2.33%	124,316	0.19
☰	EADSY - Airbus Group NV (EADSY)	Reduce 2.91%	719,160	0.31
☰	MMM - 3M Co.	Reduce 4.68%	2,453	0.01
☰	PX - Praxair Inc. (PX)	Reduce 10.92%	2,451	0.01
	Q2 2018
☰	GM - General Motors	Add 394.14%	16,106,387	9.51
☰	F - Ford Motor Co (F)	Add 124.00%	18,114,045	3.01
☰	PWR - Quanta Services, Inc.	Add 99.42%	1,253,400	0.63
☰	PHM - PulteGroup Inc.	Add 7.12%	464,700	0.20
☰	DHI - D.R. Horton	Add 6.83%	557,592	0.34
☰	LEN - Lennar Corp.	Add 6.60%	573,448	0.45
☰	MMM - 3M Co.	Add 4.91%	2,453	0.01
☰	C - Citigroup Inc.	Add 2.28%	275,266	0.28
☰	TOL - Toll Brothers	Add 1.03%	41,670	0.02
☰	MTH - Meritage Homes Corp.	Buy	66,760	0.04
☰	LEN.B - Lennar Corp. CL B	Reduce 0.56%	3,187	0.00
☰	WHR - Whirlpool Corp.	Reduce 0.57%	16,400	0.04
☰	ACM - AECOM Technology Corp.	Reduce 0.61%	10,060	0.01
☰	ADNT - Adient plc	Reduce 0.80%	15,200	0.01
☰	TPH - Tri Pointe Homes, Inc.	Reduce 1.72%	88,300	0.02
☰	TMHC - Taylor Morrison Home Corp.	Reduce 2.11%	61,200	0.02
☰	FDX - FedEx Corp.	Reduce 3.93%	114,123	0.43
☰	GS - Goldman Sachs Group	Reduce 4.88%	174,920	0.69
☰	EADSY - Airbus Group NV (EADSY)	Reduce 11.47%	3,208,480	1.46
☰	JPM - JPMorgan Chase & Co.	Reduce 19.99%	1,333,320	2.31
	Q1 2018
☰	LEN - Lennar Corp.	Add 59.53%	3,243,016	3.01
☰	LEN.B - Lennar Corp. CL B	Add 21.43%	101,247	0.08
☰	PHM - PulteGroup Inc.	Add 13.45%	773,494	0.36
☰	F - Ford Motor Co (F)	Add 11.12%	1,462,455	0.26
☰	TMHC - Taylor Morrison Home Corp.	Add 7.65%	206,150	0.08
☰	C - Citigroup Inc.	Add 3.74%	434,980	0.46
☰	ACM - AECOM Technology Corp.	Add 2.70%	43,228	0.02
☰	TOL - Toll Brothers	Add 2.68%	105,704	0.07
☰	ADNT - Adient plc	Add 1.01%	19,033	0.02
☰	WHR - Whirlpool Corp.	Add 0.75%	21,477	0.05
☰	GM - General Motors	Buy	4,086,500	2.34
☰	PWR - Quanta Services, Inc.	Buy	1,260,700	0.68
☰	TPH - Tri Pointe Homes, Inc.	Reduce 0.15%	7,669	0.00
☰	DHI - D.R. Horton	Reduce 0.31%	25,153	0.02
☰	FDX - FedEx Corp.	Reduce 2.27%	67,386	0.25
☰	JPM - JPMorgan Chase & Co.	Reduce 2.74%	188,172	0.30
☰	GS - Goldman Sachs Group	Reduce 3.10%	114,693	0.44
☰	EADSY - Airbus Group NV (EADSY)	Reduce 21.46%	7,642,700	2.86
☰	CAA - Calatlantic Group (CAA)	Sell 100.00%	3,071,013	2.61
☰	USG - USG Corp (USG)	Sell 100.00%	2,318,853	1.35
	Q4 2017
☰	TMHC - Taylor Morrison Home Corp.	Add 6.70%	169,244	0.06
☰	WHR - Whirlpool Corp.	Add 4.20%	115,880	0.29
☰	C - Citigroup Inc.	Add 0.95%	109,306	0.12
☰	ADNT - Adient plc	Add 0.72%	13,500	0.02
☰	LEN - Lennar Corp.	Add 0.42%	22,600	0.02
☰	PHM - PulteGroup Inc.	Add 0.26%	14,853	0.01
☰	F - Ford Motor Co (F)	Buy	13,146,048	2.48
☰	LEN.B - Lennar Corp. CL B	Buy	472,480	0.37
☰	TPH - Tri Pointe Homes, Inc.	Reduce 0.19%	10,000	0.00
☰	GS - Goldman Sachs Group	Reduce 0.20%	7,450	0.03
☰	DHI - D.R. Horton	Reduce 0.31%	25,300	0.02
☰	FDX - FedEx Corp.	Reduce 0.33%	9,710	0.03
☰	EADSY - Airbus Group NV (EADSY)	Reduce 0.42%	151,000	0.05
☰	ACM - AECOM Technology Corp.	Reduce 0.43%	6,858	0.00
☰	JPM - JPMorgan Chase & Co.	Reduce 0.70%	48,290	0.07
☰	USG - USG Corp (USG)	Reduce 1.17%	27,500	0.01
☰	TOL - Toll Brothers	Reduce 3.29%	134,251	0.08
☰	CAA - Calatlantic Group (CAA)	Reduce 3.97%	127,000	0.07
☰	PX - Praxair Inc. (PX)	Reduce 51.25%	23,600	0.05
☰	LOW - Lowe's Cos.	Sell 100.00%	7,037,051	8.44
☰	BA - Boeing Co.	Sell 100.00%	793,498	3.03
	Q3 2017
☰	TMHC - Taylor Morrison Home Corp.	Add 94.87%	1,229,844	0.41
☰	ADNT - Adient plc	Add 15.76%	254,434	0.32
☰	AMTD - TD Ameritrade (AMTD)	Add 14.35%	900	0.00
☰	CAA - Calatlantic Group (CAA)	Add 4.86%	148,170	0.08
☰	TOL - Toll Brothers	Add 1.14%	45,886	0.03
☰	WHR - Whirlpool Corp.	Add 0.82%	22,525	0.06
☰	DHI - D.R. Horton	Add 0.52%	42,642	0.03
☰	C - Citigroup Inc.	Add 0.10%	11,117	0.01
☰	LEN - Lennar Corp.	Add 0.08%	4,607	0.00
☰	TPH - Tri Pointe Homes, Inc.	Reduce 0.28%	14,338	0.00
☰	EADSY - Airbus Group NV (EADSY)	Reduce 0.36%	130,964	0.04
☰	PHM - PulteGroup Inc.	Reduce 0.36%	20,717	0.01
☰	ACM - AECOM Technology Corp.	Reduce 0.38%	6,068	0.00
☰	LOW - Lowe's Cos.	Reduce 0.97%	69,070	0.08
☰	FDX - FedEx Corp.	Reduce 1.13%	34,077	0.11
☰	JPM - JPMorgan Chase & Co.	Reduce 1.81%	127,364	0.18
☰	GS - Goldman Sachs Group	Reduce 2.31%	87,592	0.29
☰	USG - USG Corp (USG)	Reduce 9.60%	249,288	0.11
☰	PX - Praxair Inc. (PX)	Reduce 18.87%	10,710	0.02
☰	BA - Boeing Co.	Reduce 71.71%	2,010,956	6.02
	Q2 2017
☰	TMHC - Taylor Morrison Home Corp.	Add 915.19%	1,168,700	0.42
☰	CAA - Calatlantic Group (CAA)	Add 19.21%	491,510	0.26
☰	DHI - D.R. Horton	Add 6.97%	532,534	0.28
☰	GS - Goldman Sachs Group	Add 2.46%	91,200	0.31
☰	C - Citigroup Inc.	Add 0.96%	109,475	0.11
☰	LEN - Lennar Corp.	Add 0.86%	46,200	0.04
☰	WHR - Whirlpool Corp.	Add 0.64%	17,280	0.05
☰	PHM - PulteGroup Inc.	Add 0.09%	5,000	0.00
☰	ADNT - Adient plc	Buy	1,614,881	1.60
☰	TPH - Tri Pointe Homes, Inc.	Reduce 0.01%	600	0.00
☰	EADSY - Airbus Group NV (EADSY)	Reduce 0.06%	20,480	0.01
☰	TOL - Toll Brothers	Reduce 0.33%	13,338	0.01
☰	FDX - FedEx Corp.	Reduce 0.76%	23,040	0.07
☰	BA - Boeing Co.	Reduce 0.90%	25,445	0.07
☰	LOW - Lowe's Cos.	Reduce 1.39%	100,130	0.13
☰	ACM - AECOM Technology Corp.	Reduce 3.47%	58,000	0.03
☰	JPM - JPMorgan Chase & Co.	Reduce 3.95%	289,386	0.40
☰	USG - USG Corp (USG)	Reduce 5.03%	137,494	0.07
☰	PX - Praxair Inc. (PX)	Reduce 14.57%	9,680	0.02
☰	OC - Owens Corning	Sell 100.00%	2,395,861	2.33
☰	CNMGF - Canam Group, Inc. (CNMGF)	Sell 100.00%	225,100	0.02
☰	STRL - Sterling Construction Co. Inc.	Sell 100.00%	84,623	0.01
	Q1 2017
☰	CAA - Calatlantic Group (CAA)	Add 19.63%	419,713	0.25
☰	CNMGF - Canam Group, Inc. (CNMGF)	Add 10.29%	21,000	0.00
☰	TOL - Toll Brothers	Add 3.66%	142,603	0.08
☰	DHI - D.R. Horton	Add 3.24%	239,814	0.13
☰	WHR - Whirlpool Corp.	Add 1.92%	51,255	0.14
☰	EADSY - Airbus Group NV (EADSY)	Add 1.01%	357,847	0.11
☰	PHM - PulteGroup Inc.	Add 0.56%	32,000	0.01
☰	TPH - Tri Pointe Homes, Inc.	Add 0.42%	21,799	0.00
☰	C - Citigroup Inc.	Add 0.27%	30,965	0.03
☰	TMHC - Taylor Morrison Home Corp.	Buy	127,700	0.04
☰	BA - Boeing Co.	Reduce 0.35%	10,001	0.03
☰	FDX - FedEx Corp.	Reduce 0.35%	10,769	0.03
☰	LEN - Lennar Corp.	Reduce 0.37%	19,691	0.01
☰	LOW - Lowe's Cos.	Reduce 0.89%	65,035	0.08
☰	GS - Goldman Sachs Group	Reduce 1.02%	38,242	0.15
☰	ACM - AECOM Technology Corp.	Reduce 1.41%	23,900	0.01
☰	JPM - JPMorgan Chase & Co.	Reduce 3.03%	228,712	0.33
☰	AMTD - TD Ameritrade (AMTD)	Reduce 8.33%	570	0.00
☰	OC - Owens Corning	Reduce 13.11%	361,488	0.31
☰	USG - USG Corp (USG)	Reduce 16.98%	558,930	0.27
	Q4 2016
☰	CAA - Calatlantic Group (CAA)	Add 74.17%	910,699	0.52
☰	BA - Boeing Co.	Add 64.32%	1,111,605	2.92
☰	TOL - Toll Brothers	Add 16.38%	549,040	0.29
☰	DHI - D.R. Horton	Add 9.15%	620,261	0.29
☰	LEN - Lennar Corp.	Add 6.62%	334,958	0.24
☰	EADSY - Airbus Group NV (EADSY)	Add 3.09%	1,064,842	0.30
☰	PHM - PulteGroup Inc.	Add 3.00%	166,400	0.05
☰	WHR - Whirlpool Corp.	Add 2.06%	53,830	0.17
☰	C - Citigroup Inc.	Add 0.75%	84,839	0.09
☰	CNMGF - Canam Group, Inc. (CNMGF)	Buy	204,100	0.02
☰	UNP - Union Pacific	Buy	2,032	0.00
☰	GS - Goldman Sachs Group	Reduce 0.15%	5,455	0.02
☰	JPM - JPMorgan Chase & Co.	Reduce 3.04%	236,713	0.30
☰	LOW - Lowe's Cos.	Reduce 4.60%	350,400	0.48
☰	USG - USG Corp (USG)	Reduce 7.37%	261,906	0.13
☰	ACM - AECOM Technology Corp.	Reduce 9.87%	185,560	0.11
☰	OC - Owens Corning	Reduce 14.63%	472,708	0.48
☰	FDX - FedEx Corp.	Reduce 32.35%	1,458,050	4.86
	Q3 2016
☰	BA - Boeing Co.	Add 31.17%	410,708	1.03
☰	TOL - Toll Brothers	Add 26.24%	696,728	0.40
☰	CAA - Calatlantic Group (CAA)	Add 24.85%	244,388	0.16
☰	ACM - AECOM Technology Corp.	Add 24.59%	370,992	0.21
☰	PHM - PulteGroup Inc.	Add 16.85%	800,784	0.31
☰	STRL - Sterling Construction Co. Inc.	Add 7.00%	5,537	0.00
☰	C - Citigroup Inc.	Add 5.93%	631,024	0.57
☰	LEN - Lennar Corp.	Add 5.46%	261,877	0.21
☰	TPH - Tri Pointe Homes, Inc.	Add 2.96%	148,288	0.04
☰	EADSY - Airbus Group NV (EADSY)	Add 2.35%	791,440	0.23
☰	DHI - D.R. Horton	Add 1.67%	111,616	0.06
☰	AMTD - TD Ameritrade (AMTD)	Buy	6,840	0.00
☰	GS - Goldman Sachs Group	Reduce 0.05%	1,889	0.01
☰	WHR - Whirlpool Corp.	Reduce 0.40%	10,453	0.03
☰	USG - USG Corp (USG)	Reduce 0.70%	25,077	0.01
☰	OC - Owens Corning	Reduce 1.71%	56,349	0.06
☰	JPM - JPMorgan Chase & Co.	Reduce 4.80%	392,612	0.47
☰	FDX - FedEx Corp.	Reduce 5.53%	264,014	0.79
☰	LOW - Lowe's Cos.	Reduce 8.32%	691,505	1.07
☰	MMM - 3M Co.	Reduce 77.73%	174,529	0.60
☰	MAS - Masco Corp.	Sell 100.00%	1,891,568	1.15
	Q2 2016
☰	TOL - Toll Brothers	Add 59.61%	991,500	0.52
☰	CAA - Calatlantic Group (CAA)	Add 55.20%	349,833	0.25
☰	C - Citigroup Inc.	Add 36.72%	2,857,306	2.37
☰	PHM - PulteGroup Inc.	Add 9.59%	415,913	0.16
☰	EADSY - Airbus Group NV (EADSY)	Add 6.35%	2,012,575	0.57
☰	GS - Goldman Sachs Group	Add 5.86%	207,352	0.60
☰	BA - Boeing Co.	Add 4.30%	54,337	0.14
☰	TPH - Tri Pointe Homes, Inc.	Add 0.69%	34,500	0.01
☰	ACM - AECOM Technology Corp.	Buy	1,508,915	0.94
☰	STRL - Sterling Construction Co. Inc.	Buy	79,086	0.01
☰	WHR - Whirlpool Corp.	Reduce 0.19%	5,033	0.02
☰	LEN - Lennar Corp.	Reduce 0.20%	9,810	0.01
☰	DHI - D.R. Horton	Reduce 0.77%	51,702	0.03
☰	USG - USG Corp (USG)	Reduce 1.49%	54,000	0.03
☰	FDX - FedEx Corp.	Reduce 2.92%	143,321	0.45
☰	OC - Owens Corning	Reduce 3.40%	115,830	0.10
☰	LOW - Lowe's Cos.	Reduce 6.03%	533,695	0.77
☰	JPM - JPMorgan Chase & Co.	Reduce 9.61%	869,784	0.98
☰	MAS - Masco Corp.	Reduce 28.16%	741,402	0.44
☰	MMM - 3M Co.	Reduce 55.35%	278,326	0.89
☰	WFC - Wells Fargo	Sell 100.00%	1,166,104	1.08
☰	ELUXY - Electrolux AB (ELUXY)	Sell 100.00%	1,030,406	1.03
☰	ARG - Airgas, Inc. (ARG)	Sell 100.00%	19,200	0.05
☰	AMTD - TD Ameritrade (AMTD)	Sell 100.00%	6,940	0.00
	Q1 2016
☰	CAA - Calatlantic Group (CAA)	Add 648.17%	549,000	0.35
☰	PHM - PulteGroup Inc.	Add 167.05%	2,711,800	0.97
☰	C - Citigroup Inc.	Add 21.07%	1,354,429	1.08
☰	LEN - Lennar Corp.	Add 17.63%	720,330	0.67
☰	TPH - Tri Pointe Homes, Inc.	Add 11.49%	512,620	0.12
☰	FDX - FedEx Corp.	Add 8.61%	389,778	1.21
☰	DHI - D.R. Horton	Add 6.69%	421,372	0.24
☰	USG - USG Corp (USG)	Add 6.27%	214,270	0.10
☰	GS - Goldman Sachs Group	Add 5.35%	179,828	0.54
☰	EADSY - Airbus Group NV (EADSY)	Add 2.06%	639,627	0.20
☰	WHR - Whirlpool Corp.	Add 0.58%	15,175	0.05
☰	BA - Boeing Co.	Buy	1,263,250	3.07
☰	TOL - Toll Brothers	Buy	1,663,433	0.94
☰	JPM - JPMorgan Chase & Co.	Reduce 0.16%	14,882	0.02
☰	ELUXY - Electrolux AB (ELUXY)	Reduce 0.74%	7,700	0.01
☰	OC - Owens Corning	Reduce 0.74%	25,200	0.02
☰	WFC - Wells Fargo	Reduce 3.38%	40,800	0.04
☰	MAS - Masco Corp.	Reduce 3.91%	107,000	0.06
☰	LOW - Lowe's Cos.	Reduce 6.86%	651,933	0.94
☰	ARG - Airgas, Inc. (ARG)	Reduce 52.24%	21,000	0.06
☰	MMM - 3M Co.	Reduce 72.87%	1,350,880	3.87
☰	UPS - United Parcel Service	Sell 100.00%	2,044,758	3.74
☰	AMIC - American Independence Corp (AMIC)	Sell 100.00%	99,012	0.02
	Q4 2015
☰	USG - USG Corp (USG)	Add 591.78%	2,924,578	1.35
☰	DHI - D.R. Horton	Add 65.42%	2,490,855	1.52
☰	C - Citigroup Inc.	Add 12.77%	727,827	0.72
☰	EADSY - Airbus Group NV (EADSY)	Add 8.50%	2,432,522	0.78
☰	GS - Goldman Sachs Group	Add 1.12%	37,243	0.13
☰	JPM - JPMorgan Chase & Co.	Add 0.68%	61,040	0.08
☰	WHR - Whirlpool Corp.	Add 0.61%	15,778	0.04
☰	WFC - Wells Fargo	Add 0.10%	1,204	0.00
☰	FDX - FedEx Corp.	Add 0.04%	1,659	0.00
☰	LEN - Lennar Corp.	Buy	4,086,652	3.80
☰	TPH - Tri Pointe Homes, Inc.	Buy	4,462,399	1.08
☰	PHM - PulteGroup Inc.	Buy	1,623,368	0.55
☰	CAA - Calatlantic Group, Inc. (CAA)	Buy	84,700	0.06
☰	OC - Owens Corning	Reduce 0.29%	9,913	0.01
☰	ELUXY - Electrolux AB (ELUXY)	Reduce 0.76%	7,904	0.01
☰	MAS - Masco Corp.	Reduce 0.79%	21,930	0.01
☰	LOW - Lowe's Cos.	Reduce 3.49%	343,452	0.47
☰	MMM - 3M Co.	Reduce 17.65%	397,414	1.12
☰	UPS - United Parcel Service	Reduce 55.83%	2,584,373	5.09
☰	PX - Praxair Inc. (PX)	Reduce 91.23%	691,052	1.40
☰	ARG - Airgas, Inc. (ARG)	Reduce 97.59%	1,627,530	2.91
☰	BA - Boeing Co.	Sell 100.00%	12,400	0.03
☰	BHI - Baker Hughes Inc. (BHI)	Sell 100.00%	11,165	0.01
	Q3 2015
☰	MMM - 3M Co.	Add 12.62%	252,280	0.71
☰	ARG - Airgas, Inc. (ARG)	Add 9.69%	147,295	0.26
☰	C - Citigroup Inc.	Add 9.57%	497,788	0.49
☰	GS - Goldman Sachs Group	Add 5.53%	174,185	0.60
☰	WHR - Whirlpool Corp.	Add 2.88%	72,845	0.21
☰	EADSY - Airbus Group NV (EADSY)	Add 1.91%	535,800	0.16
☰	DHI - D.R. Horton	Add 1.68%	63,000	0.04
☰	FDX - FedEx Corp.	Add 0.57%	25,445	0.07
☰	JPM - JPMorgan Chase & Co.	Add 0.55%	48,995	0.06
☰	OC - Owens Corning	Add 0.22%	7,660	0.01
☰	MAS - Masco Corp.	Reduce 0.01%	400	0.00
☰	WFC - Wells Fargo	Reduce 0.05%	600	0.00
☰	ELUXY - Electrolux AB (ELUXY)	Reduce 0.06%	600	0.00
☰	PX - Praxair Inc. (PX)	Reduce 0.82%	6,250	0.01
☰	LOW - Lowe's Cos.	Reduce 2.78%	281,648	0.34
☰	UPS - United Parcel Service	Reduce 3.83%	184,285	0.33
☰	BA - Boeing Co.	Reduce 96.18%	311,795	0.79
☰	CNW - Con-Way, Inc. (CNW)	Sell 100.00%	945,960	0.66
☰	PA5 - Pall Corporation (PLL)	Sell 100.00%	3,500	0.01
	Q2 2015
☰	CNW - Con-Way, Inc. (CNW)	Add 285.32%	700,460	0.49
☰	DHI - D.R. Horton	Add 65.52%	1,482,190	0.74
☰	USG - USG Corp (USG)	Add 48.32%	161,000	0.08
☰	MMM - 3M Co.	Add 25.81%	410,065	1.16
☰	C - Citigroup Inc.	Add 23.45%	988,200	1.00
☰	EADSY - Airbus Group NV (EADSY)	Add 16.26%	3,926,235	1.17
☰	ARG - Airgas, Inc. (ARG)	Add 10.66%	146,525	0.28
☰	MAS - Masco Corp.	Add 8.38%	213,500	0.10
☰	OC - Owens Corning	Add 8.12%	257,500	0.19
☰	WHR - Whirlpool Corp.	Add 1.97%	48,759	0.15
☰	JPM - JPMorgan Chase & Co.	Add 1.46%	128,970	0.16
☰	GS - Goldman Sachs Group	Add 0.65%	20,350	0.08
☰	ELUXY - Electrolux AB (ELUXY)	Buy	1,046,610	1.20
☰	FDX - FedEx Corp.	Reduce 1.07%	48,599	0.14
☰	WFC - Wells Fargo	Reduce 1.86%	22,900	0.02
☰	BA - Boeing Co.	Reduce 3.45%	11,585	0.03
☰	UPS - United Parcel Service	Reduce 3.48%	173,800	0.30
☰	LOW - Lowe's Cos.	Reduce 6.15%	663,880	0.89
☰	PX - Praxair Inc. (PX)	Reduce 7.63%	63,049	0.14
☰	BHI - Baker Hughes Inc. (BHI)	Reduce 86.74%	73,035	0.09
☰	SLB - Schlumberger Ltd.	Sell 100.00%	4,316,083	6.49
☰	UNP - Union Pacific	Sell 100.00%	2,032	0.00
	Q1 2015
☰	WFC - Wells Fargo	Add 169.86%	773,700	0.76
☰	JPM - JPMorgan Chase & Co.	Add 18.90%	1,403,155	1.53
☰	ARG - Airgas, Inc. (ARG)	Add 14.63%	175,350	0.34
☰	DHI - D.R. Horton	Add 11.21%	228,000	0.12
☰	GS - Goldman Sachs Group	Add 10.83%	305,797	1.04
☰	MAS - Masco Corp.	Add 5.93%	142,600	0.07
☰	OC - Owens Corning	Add 5.84%	174,975	0.14
☰	SLB - Schlumberger Ltd.	Add 3.28%	137,090	0.21
☰	C - Citigroup Inc.	Add 2.50%	102,685	0.10
☰	WHR - Whirlpool Corp.	Add 0.56%	13,720	0.05
☰	EADSY - Airbus Group NV (EADSY)	Buy	24,147,380	7.05
☰	CNW - Con-Way, Inc. (CNW)	Buy	245,500	0.20
☰	FDX - FedEx Corp.	Reduce 0.17%	7,730	0.02
☰	AMIC - American Independence Corp (AMIC)	Reduce 0.98%	980	0.00
☰	UPS - United Parcel Service	Reduce 3.78%	196,015	0.39
☰	LOW - Lowe's Cos.	Reduce 4.12%	463,834	0.57
☰	USG - USG Corp (USG)	Reduce 17.36%	70,000	0.03
☰	MMM - 3M Co.	Reduce 28.32%	627,750	1.86
☰	PX - Praxair Inc. (PX)	Reduce 38.49%	517,444	1.20
☰	BHI - Baker Hughes Inc. (BHI)	Reduce 50.83%	87,048	0.09
☰	BA - Boeing Co.	Reduce 74.11%	961,251	2.25
☰	DVN - Devon Energy Corp.	Sell 100.00%	2,325,448	2.56
☰	SJR - Superior Energy Services Inc. (SPN)	Sell 100.00%	4,493,283	1.63
☰	APD - Air Products & Chemicals	Sell 100.00%	2,810	0.01
☰	MSFT - Microsoft Corp.	Sell 100.00%	7,170	0.01
	Q4 2014
☰	MAS - Masco Corp.	Add 329.37%	1,845,800	0.84
☰	OC - Owens Corning	Add 72.56%	1,260,295	0.81
☰	SLB - Schlumberger Ltd.	Add 13.44%	495,213	0.76
☰	BA - Boeing Co.	Add 11.87%	137,653	0.32
☰	GS - Goldman Sachs Group	Add 6.38%	169,291	0.59
☰	C - Citigroup Inc.	Add 2.71%	108,329	0.11
☰	UNP - Union Pacific	Add 1.60%	32	0.00
☰	UPS - United Parcel Service	Add 1.15%	58,992	0.12
☰	WHR - Whirlpool Corp.	Add 0.58%	14,236	0.05
☰	SJR - Superior Energy Services Inc. (SPN)	Add 0.44%	19,508	0.01
☰	JPM - JPMorgan Chase & Co.	Buy	7,423,775	8.36
☰	ARG - Airgas, Inc. (ARG)	Buy	1,198,560	2.48
☰	DHI - D.R. Horton	Buy	2,034,200	0.93
☰	WFC - Wells Fargo	Buy	455,500	0.45
☰	USG - USG Corp (USG)	Buy	403,200	0.20
☰	FDX - FedEx Corp.	Reduce 0.00%	65	0.00
☰	LOW - Lowe's Cos.	Reduce 0.39%	43,499	0.04
☰	DVN - Devon Energy Corp.	Reduce 1.88%	44,575	0.06
☰	PX - Praxair Inc. (PX)	Reduce 17.19%	279,110	0.69
☰	MMM - 3M Co.	Reduce 19.25%	528,288	1.44
☰	A - Agilent Technologies	Reduce 44.56%	8,600	0.01
☰	APD - Air Products & Chemicals	Reduce 62.48%	4,680	0.01
☰	BHI - Baker Hughes Inc. (BHI)	Reduce 98.13%	9,001,709	11.26
☰	MSFT - Microsoft Corp.	Reduce 99.56%	1,624,920	1.44
☰	LUV - Southwest Airlines	Sell 100.00%	4,102,965	2.66
☰	PAA - Plains All American (PAA)	Sell 100.00%	7,200	0.01
☰	TEL - TE Connectivity plc	Sell 100.00%	9,790	0.01
	Q3 2014
☰	PX - Praxair Inc. (PX)	Add 181.85%	1,047,376	2.60
☰	GS - Goldman Sachs Group	Add 23.27%	500,847	1.77
☰	OC - Owens Corning	Add 14.93%	225,675	0.14
☰	UPS - United Parcel Service	Add 9.03%	424,204	0.80
☰	MMM - 3M Co.	Add 1.75%	47,325	0.13
☰	WHR - Whirlpool Corp.	Add 1.72%	41,340	0.12
☰	SLB - Schlumberger Ltd.	Add 1.27%	46,120	0.09
☰	BA - Boeing Co.	Add 0.19%	2,240	0.01
☰	LOW - Lowe's Cos.	Add 0.07%	7,700	0.01
☰	C - Citigroup Inc.	Buy	4,002,320	3.99
☰	MAS - Masco Corp.	Buy	560,400	0.26
☰	UNP - Union Pacific	Buy	2,000	0.00
☰	FDX - FedEx Corp.	Reduce 0.05%	2,186	0.01
☰	SJR - Superior Energy Services Inc. (SPN)	Reduce 0.29%	13,210	0.01
☰	MSFT - Microsoft Corp.	Reduce 0.70%	11,585	0.01
☰	BHI - Baker Hughes Inc. (BHI)	Reduce 1.92%	180,036	0.26
☰	DVN - Devon Energy Corp.	Reduce 20.55%	612,890	0.93
☰	LUV - Southwest Airlines	Reduce 40.57%	2,800,773	1.43
☰	A - Agilent Technologies	Reduce 98.56%	1,323,124	1.45
☰	APD - Air Products & Chemicals	Reduce 99.29%	1,050,546	2.57
☰	TEL - TE Connectivity plc	Reduce 99.50%	1,935,401	2.28
☰	AVT - Avnet Inc.	Sell 100.00%	731,810	0.62
☰	ARW - Arrow Electronics	Sell 100.00%	425,105	0.49
☰	STT - State Street Corp.	Sell 100.00%	3,800	0.00
	Q2 2014
☰	OC - Owens Corning	Add 31.40%	361,100	0.27
☰	AVT - Avnet Inc.	Add 12.46%	81,100	0.07
☰	SLB - Schlumberger Ltd.	Add 2.05%	73,200	0.16
☰	WHR - Whirlpool Corp.	Add 1.57%	37,182	0.10
☰	MMM - 3M Co.	Add 1.42%	37,648	0.10
☰	FDX - FedEx Corp.	Add 0.86%	38,979	0.11
☰	UPS - United Parcel Service	Add 0.61%	28,400	0.06
☰	LOW - Lowe's Cos.	Add 0.37%	41,129	0.04
☰	ARW - Arrow Electronics	Add 0.12%	500	0.00
☰	SJR - Superior Energy Services Inc. (SPN)	Add 0.09%	4,100	0.00
☰	PX - Praxair Inc. (PX)	Add 0.01%	60	0.00
☰	GS - Goldman Sachs Group	Buy	2,152,780	6.87
☰	PAA - Plains All American (PAA)	Buy	7,200	0.01
☰	STT - State Street Corp.	Buy	3,800	0.00
☰	BHI - Baker Hughes Inc. (BHI)	Reduce 0.54%	50,430	0.07
☰	DVN - Devon Energy Corp.	Reduce 1.30%	39,227	0.05
☰	AMIC - American Independence Corp (AMIC)	Reduce 2.73%	2,806	0.00
☰	A - Agilent Technologies	Reduce 2.78%	38,430	0.04
☰	BA - Boeing Co.	Reduce 3.11%	37,130	0.10
☰	MSFT - Microsoft Corp.	Reduce 5.07%	87,700	0.07
☰	TEL - TE Connectivity plc	Reduce 31.29%	885,641	1.09
☰	LUV - Southwest Airlines	Reduce 38.40%	4,303,876	2.09
☰	APD - Air Products & Chemicals	Reduce 61.36%	1,679,839	4.11
☰	WFC - Wells Fargo	Sell 100.00%	92,000	0.09
	Q1 2014
☰	OC - Owens Corning	Add 44.52%	354,294	0.31
☰	SJR - Superior Energy Services Inc. (SPN)	Add 21.58%	795,690	0.50
☰	UPS - United Parcel Service	Add 9.32%	398,136	0.80
☰	MMM - 3M Co.	Add 3.63%	93,258	0.26
☰	WHR - Whirlpool Corp.	Add 3.36%	77,170	0.24
☰	BHI - Baker Hughes Inc. (BHI)	Add 2.20%	202,087	0.27
☰	PX - Praxair Inc. (PX)	Add 1.74%	9,830	0.03
☰	AVT - Avnet Inc.	Add 1.65%	10,540	0.01
☰	FDX - FedEx Corp.	Add 0.87%	38,806	0.11
☰	LOW - Lowe's Cos.	Add 0.85%	95,129	0.10
☰	SLB - Schlumberger Ltd.	Buy	3,564,460	7.15
☰	WFC - Wells Fargo	Buy	92,000	0.09
☰	DVN - Devon Energy Corp.	Reduce 0.91%	27,798	0.04
☰	LUV - Southwest Airlines	Reduce 1.34%	152,680	0.06
☰	ARW - Arrow Electronics	Reduce 2.53%	11,000	0.01
☰	MSFT - Microsoft Corp.	Reduce 12.89%	256,100	0.20
☰	BA - Boeing Co.	Reduce 22.85%	353,775	1.01
☰	APD - Air Products & Chemicals	Reduce 26.18%	971,045	2.28
☰	TEL - TE Connectivity plc	Reduce 41.24%	1,986,486	2.30
☰	AMTD - TD Ameritrade (AMTD)	Reduce 57.50%	9,390	0.01
☰	A - Agilent Technologies	Reduce 62.52%	2,303,745	2.76
☰	RVTY - Perkinelmer, Inc. (PKI)	Sell 100.00%	1,208,635	1.05
☰	PAA - Plains All Amer Pipeline LP (PAA)	Sell 100.00%	83,000	0.09
	Q4 2013
☰	SJR - Superior Energy Services Inc. (SPN)	Add 84.27%	1,686,185	0.94
☰	UPS - United Parcel Service	Add 7.40%	294,399	0.65
☰	MSFT - Microsoft Corp.	Add 4.34%	82,600	0.06
☰	WHR - Whirlpool Corp.	Add 3.67%	81,110	0.27
☰	TEL - TE Connectivity plc	Add 2.08%	97,950	0.11
☰	BHI - Baker Hughes Inc. (BHI)	Buy	9,201,336	10.67
☰	APD - Air Products & Chemicals	Buy	3,708,920	8.70
☰	BA - Boeing Co.	Buy	1,548,043	4.43
☰	OC - Owens Corning	Buy	795,850	0.68
☰	AVT - Avnet Inc.	Buy	640,170	0.59
☰	ARW - Arrow Electronics	Buy	435,605	0.50
☰	AMIC - American Independence Corp (AMIC)	Buy	102,798	0.03
☰	LUV - Southwest Airlines	Reduce 0.42%	48,390	0.02
☰	FDX - FedEx Corp.	Reduce 0.67%	30,110	0.11
☰	RVTY - Perkinelmer, Inc. (PKI)	Reduce 0.74%	8,980	0.01
☰	MMM - 3M Co.	Reduce 2.16%	56,555	0.21
☰	PX - Praxair Inc. (PX)	Reduce 2.20%	12,745	0.05
☰	A - Agilent Technologies	Reduce 3.07%	116,750	0.19
☰	LOW - Lowe's Cos.	Reduce 3.29%	378,995	0.57
☰	DVN - Devon Energy Corp.	Reduce 30.45%	1,335,242	2.44
	Q3 2013
☰	DVN - Devon Energy Corp.	Add 10.77%	426,237	0.78
☰	LUV - Southwest Airlines	Add 3.66%	402,430	0.19
☰	MSFT - Microsoft Corp.	Buy	1,904,875	2.01
☰	SJR - Superior Energy Services Inc. (SPN)	Buy	2,001,010	1.59
☰	WHR - Whirlpool Corp.	Reduce 0.35%	7,760	0.02
☰	AMTD - TD Ameritrade (AMTD)	Reduce 0.61%	100	0.00
☰	TEL - TE Connectivity plc	Reduce 0.78%	37,235	0.05
☰	A - Agilent Technologies	Reduce 1.17%	45,190	0.05
☰	UPS - United Parcel Service	Reduce 1.39%	56,210	0.13
☰	FDX - FedEx Corp.	Reduce 2.66%	123,320	0.33
☰	LOW - Lowe's Cos.	Reduce 2.80%	332,427	0.36
☰	MMM - 3M Co.	Reduce 4.48%	123,163	0.36
☰	PX - Praxair Inc. (PX)	Reduce 17.77%	125,085	0.39
☰	RVTY - Perkinelmer, Inc. (PKI)	Reduce 26.51%	439,165	0.38
☰	BHI - Baker Hughes Inc. (BHI)	Sell 100.00%	8,065,938	9.95
☰	APD - Air Products & Chemicals	Sell 100.00%	3,794,476	9.29
☰	BA - Boeing Co.	Sell 100.00%	2,031,493	5.56
☰	MOLX - Molex Inc. (MOLX)	Sell 100.00%	1,316,315	1.03
☰	AVT - Avnet Inc.	Sell 100.00%	484,640	0.44
☰	ARW - Arrow Electronics	Sell 100.00%	372,330	0.40
☰	MHK - Mohawk Industries	Sell 100.00%	127,290	0.38
☰	LII - Lennox International	Sell 100.00%	176,350	0.30
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Sell 100.00%	119,704	0.08
☰	AMIC - American Independence Corp (AMIC)	Sell 100.00%	200,639	0.04
☰	UNP - Union Pacific	Sell 100.00%	1,000	0.00
	Q2 2013
☰	PX - Praxair Inc. (PX)	Add 69.74%	289,200	0.89
☰	LUV - Southwest Airlines	Add 19.62%	1,805,094	0.62
☰	TEL - TE Connectivity plc	Add 3.92%	179,210	0.22
☰	BHI - Baker Hughes Inc. (BHI)	Add 2.56%	201,024	0.25
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Add 1.44%	1,704	0.00
☰	A - Agilent Technologies	Add 1.23%	46,896	0.05
☰	WHR - Whirlpool Corp.	Add 0.83%	18,220	0.06
☰	RVTY - Perkinelmer, Inc. (PKI)	Add 0.51%	8,400	0.01
☰	APD - Air Products & Chemicals	Add 0.48%	17,984	0.04
☰	FDX - FedEx Corp.	Add 0.41%	18,751	0.05
☰	AVT - Avnet Inc.	Buy	484,640	0.44
☰	ARW - Arrow Electronics	Buy	372,330	0.40
☰	UPS - United Parcel Service	Reduce 0.12%	4,849	0.01
☰	MOLX - Molex Inc. (MOLX)	Reduce 0.50%	6,600	0.01
☰	MMM - 3M Co.	Reduce 0.56%	15,480	0.05
☰	LOW - Lowe's Cos.	Reduce 1.10%	132,468	0.14
☰	AMTD - TD Ameritrade (AMTD)	Reduce 1.38%	230	0.00
☰	DVN - Devon Energy Corp.	Reduce 1.49%	59,900	0.09
☰	BA - Boeing Co.	Reduce 1.96%	40,642	0.10
☰	PA5 - Pall Corporation (PLL)	Reduce 30.00%	1,500	0.00
☰	UNP - Union Pacific	Reduce 50.00%	1,000	0.01
☰	MHK - Mohawk Industries	Reduce 52.69%	141,770	0.44
☰	LII - Lennox International	Reduce 56.54%	229,410	0.40
☰	HD - Home Depot	Sell 100.00%	792,160	1.52
☰	EQT - EQT Corp.	Sell 100.00%	9,615	0.02
	Q1 2013
☰	LUV - Southwest Airlines	Add 150.51%	5,528,190	2.04
☰	BA - Boeing Co.	Add 99.26%	1,032,235	2.43
☰	TEL - TE Connectivity plc	Add 17.55%	683,418	0.79
☰	BHI - Baker Hughes Inc. (BHI)	Add 11.82%	831,275	1.06
☰	A - Agilent Technologies	Add 10.22%	352,385	0.41
☰	UPS - United Parcel Service	Add 5.25%	201,440	0.47
☰	APD - Air Products & Chemicals	Add 4.84%	174,397	0.42
☰	WHR - Whirlpool Corp.	Add 3.56%	75,650	0.25
☰	FDX - FedEx Corp.	Add 2.20%	99,235	0.27
☰	RVTY - Perkinelmer, Inc. (PKI)	Add 0.66%	10,870	0.01
☰	MOLX - Molex Inc. (MOLX)	Add 0.36%	4,790	0.00
☰	PX - Praxair Inc. (PX)	Reduce 0.05%	197	0.00
☰	LOW - Lowe's Cos.	Reduce 0.38%	45,390	0.05
☰	LII - Lennox International	Reduce 1.55%	6,400	0.01
☰	MMM - 3M Co.	Reduce 4.42%	127,580	0.36
☰	MHK - Mohawk Industries	Reduce 6.50%	18,710	0.05
☰	DVN - Devon Energy Corp.	Reduce 11.50%	522,090	0.83
☰	HD - Home Depot	Reduce 12.63%	114,550	0.21
☰	UNP - Union Pacific	Reduce 33.33%	1,000	0.00
☰	AMTD - TD Ameritrade (AMTD)	Reduce 66.97%	33,775	0.02
☰	EQT - EQT Corp.	Reduce 99.69%	3,117,195	5.60
☰	SWN - Southwestern Energy Co (SWN)	Sell 100.00%	437,385	0.45
	Q4 2012
☰	PAA - Plains All Amer Pipeline LP (PAA)	Add 100.00%	41,500	0.06
☰	BHI - Baker Hughes Inc. (BHI)	Add 11.99%	752,965	0.94
☰	LUV - Southwest Airlines	Add 0.66%	24,050	0.01
☰	A - Agilent Technologies	Add 0.11%	3,920	0.00
☰	BA - Boeing Co.	Buy	1,039,900	2.39
☰	AMTD - TD Ameritrade (AMTD)	Buy	50,435	0.03
☰	TEL - TE Connectivity plc	Reduce 0.40%	15,605	0.02
☰	WHR - Whirlpool Corp.	Reduce 1.43%	30,920	0.08
☰	APD - Air Products & Chemicals	Reduce 1.58%	57,785	0.15
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Reduce 1.67%	2,000	0.00
☰	MOLX - Molex Inc. (MOLX)	Reduce 1.71%	23,000	0.02
☰	FDX - FedEx Corp.	Reduce 1.80%	82,687	0.22
☰	UPS - United Parcel Service	Reduce 2.03%	79,593	0.18
☰	LII - Lennox International	Reduce 2.05%	8,640	0.01
☰	MHK - Mohawk Industries	Reduce 2.14%	6,300	0.02
☰	RVTY - Perkinelmer, Inc. (PKI)	Reduce 2.28%	38,230	0.03
☰	DVN - Devon Energy Corp.	Reduce 2.56%	119,365	0.22
☰	EQT - EQT Corp.	Reduce 3.05%	98,285	0.18
☰	LOW - Lowe's Cos.	Reduce 3.81%	476,910	0.45
☰	MMM - 3M Co.	Reduce 7.43%	232,025	0.66
☰	PX - Praxair Inc. (PX)	Reduce 8.23%	37,225	0.12
☰	HD - Home Depot	Reduce 53.93%	1,061,524	1.98
☰	SWN - Southwestern Energy Co (SWN)	Reduce 74.86%	1,302,455	1.40
	Q3 2012
☰	LUV - Southwest Airlines	Add 534.10%	3,073,470	0.83
☰	MHK - Mohawk Industries	Add 59.89%	110,150	0.27
☰	WHR - Whirlpool Corp.	Add 12.05%	232,110	0.59
☰	BHI - Baker Hughes Inc. (BHI)	Add 1.15%	71,234	0.10
☰	LOW - Lowe's Cos.	Add 0.81%	101,040	0.09
☰	A - Agilent Technologies	Add 0.62%	21,170	0.03
☰	TEL - TE Connectivity plc	Add 0.59%	22,766	0.02
☰	APD - Air Products & Chemicals	Add 0.24%	8,590	0.02
☰	FDX - FedEx Corp.	Add 0.18%	8,410	0.02
☰	UPS - United Parcel Service	Reduce 0.35%	13,663	0.03
☰	DVN - Devon Energy Corp.	Reduce 0.37%	17,220	0.03
☰	LII - Lennox International	Reduce 0.37%	1,570	0.00
☰	EQT - EQT Corp.	Reduce 0.50%	16,220	0.03
☰	MOLX - Molex Inc. (MOLX)	Reduce 0.72%	9,790	0.01
☰	SWN - Southwestern Energy Co (SWN)	Reduce 0.78%	13,710	0.01
☰	RVTY - Perkinelmer, Inc. (PKI)	Reduce 1.01%	17,110	0.01
☰	PAA - Plains All Amer Pipeline LP (PAA)	Reduce 1.89%	800	0.00
☰	PX - Praxair Inc. (PX)	Reduce 3.47%	16,235	0.06
☰	HD - Home Depot	Reduce 4.18%	85,926	0.15
☰	MMM - 3M Co.	Reduce 6.51%	217,239	0.62
☰	PA5 - Pall Corporation (PLL)	Reduce 16.67%	1,000	0.00
☰	UNP - Union Pacific	Reduce 40.00%	2,000	0.01
☰	COL - Rockwell Collins, Inc. (COL)	Sell 100.00%	802,481	1.27
	Q2 2012
☰	MHK - Mohawk Industries	Add 25.89%	37,820	0.08
☰	BHI - Baker Hughes Inc. (BHI)	Add 19.07%	994,600	1.31
☰	WHR - Whirlpool Corp.	Add 8.52%	151,190	0.30
☰	APD - Air Products & Chemicals	Add 5.28%	183,205	0.47
☰	A - Agilent Technologies	Add 2.75%	91,750	0.12
☰	LII - Lennox International	Add 2.14%	8,860	0.01
☰	TEL - TE Connectivity plc	Add 2.07%	78,810	0.08
☰	SWN - Southwestern Energy Co (SWN)	Add 1.86%	31,950	0.03
☰	EQT - EQT Corp.	Add 0.72%	23,320	0.04
☰	UPS - United Parcel Service	Add 0.36%	13,930	0.04
☰	FDX - FedEx Corp.	Buy	4,588,516	13.43
☰	LOW - Lowe's Cos.	Buy	12,416,324	11.28
☰	LUV - Southwest Airlines	Buy	575,450	0.17
☰	HD - Home Depot	Reduce 0.60%	12,400	0.02
☰	RVTY - Perkinelmer, Inc. (PKI)	Reduce 0.81%	13,790	0.02
☰	DVN - Devon Energy Corp.	Reduce 1.33%	63,245	0.18
☰	MMM - 3M Co.	Reduce 3.29%	113,720	0.40
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Reduce 3.73%	4,649	0.00
☰	MOLX - Molex Inc. (MOLX)	Reduce 4.32%	61,000	0.07
☰	PX - Praxair Inc. (PX)	Reduce 10.52%	55,050	0.25
☰	COL - Rockwell Collins, Inc. (COL)	Reduce 58.69%	1,140,160	2.59
	Q1 2012
☰	AMIC - American Independence Corp (AMIC)	Add 33.46%	50,300	0.01
☰	BHI - Baker Hughes Inc. (BHI)	Add 15.44%	697,420	1.16
☰	WHR - Whirlpool Corp.	Add 7.77%	127,920	0.39
☰	LII - Lennox International	Add 4.21%	16,710	0.03
☰	A - Agilent Technologies	Add 2.12%	69,110	0.12
☰	EQT - EQT Corp.	Add 1.88%	59,268	0.11
☰	TEL - TE Connectivity plc	Add 1.72%	64,360	0.09
☰	DVN - Devon Energy Corp.	Add 0.27%	12,747	0.04
☰	APD - Air Products & Chemicals	Add 0.25%	8,725	0.03
☰	SWN - Southwestern Energy Co (SWN)	Buy	1,721,600	2.08
☰	UPS - United Parcel Service	Reduce 0.15%	5,952	0.01
☰	RVTY - Perkinelmer, Inc. (PKI)	Reduce 0.26%	4,480	0.00
☰	HD - Home Depot	Reduce 1.29%	26,940	0.04
☰	MHK - Mohawk Industries	Reduce 2.01%	3,000	0.01
☰	MMM - 3M Co.	Reduce 4.51%	163,177	0.45
☰	MOLX - Molex Inc.(MOLX)	Reduce 4.53%	66,960	0.05
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Reduce 5.78%	7,647	0.01
☰	PX - Praxair Inc.(PX)	Reduce 10.20%	59,463	0.21
☰	COL - Rockwell Collins, Inc. (COL)	Reduce 17.50%	412,060	0.76
☰	PAA - Plains All Amer Pipeline LP (PAA)	Reduce 21.67%	11,700	0.03
☰	UNP - Union Pacific	Reduce 44.97%	4,086	0.01
☰	FDX - FedEx Corp.	Sell 100.00%	4,423,935	12.40
☰	LOW - Lowe's Cos.	Sell 100.00%	12,118,454	10.32
☰	EMR - Emerson Electric	Sell 100.00%	713,192	1.11
☰	IBM - International Business Machines Corp.	Sell 100.00%	60,010	0.37
☰	BDX - Becton Dickinson	Sell 100.00%	101,192	0.25
	Q4 2011
☰	A - Agilent Technologies	Add 194.88%	2,155,338	2.52
☰	BHI - Baker Hughes Inc. (BHI)	Add 159.08%	2,773,805	4.53
☰	WHR - Whirlpool Corp.	Add 115.74%	883,346	1.41
☰	LOW - Lowe's Cos.	Add 95.09%	5,906,685	5.03
☰	TEL - TE Connectivity plc	Add 55.71%	1,339,362	1.38
☰	DVN - Devon Energy Corp.	Add 22.96%	882,908	1.84
☰	UPS - United Parcel Service	Add 18.04%	599,602	1.47
☰	COL - Rockwell Collins, Inc. (COL)	Add 5.37%	119,942	0.22
☰	APD - Air Products & Chemicals	Add 4.83%	159,530	0.46
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Add 2.47%	3,195	0.00
☰	RVTY - Perkinelmer, Inc. (PKI)	Add 2.17%	36,370	0.02
☰	FDX - FedEx Corp.	Buy	4,423,935	12.40
☰	HD - Home Depot	Buy	2,093,500	2.95
☰	LII - Lennox International	Buy	396,800	0.45
☰	MHK - Mohawk Industries	Buy	149,100	0.30
☰	AMIC - American Independence Corp (AMIC)	Buy	150,339	0.02
☰	PA5 - Pall Corporation (PLL)	Buy	6,000	0.01
☰	MOLX - Molex Inc. (MOLX)	Reduce 0.62%	9,225	0.01
☰	EQT - EQT Corp.	Reduce 1.54%	49,347	0.09
☰	MMM - 3M Co.	Reduce 1.55%	57,075	0.19
☰	PX - Praxair Inc. (PX)	Reduce 18.02%	128,090	0.48
☰	EMR - Emerson Electric	Reduce 44.42%	569,983	1.11
☰	IBM - International Business Machines Corp.	Reduce 96.44%	1,623,370	9.65
☰	UNP - Union Pacific	Reduce 96.93%	286,886	1.04
☰	BDX - Becton Dickinson	Reduce 96.98%	3,245,822	9.70
☰	TMO - Thermo Fisher Scientific	Sell 100.00%	682,380	1.52
	Q2 2011
☰	UPS - United Parcel Service	Add 67.46%	1,339,170	3.38
☰	TEL - TE Connectivity plc	Add 23.23%	453,247	0.58
☰	EQT - EQT Corp.	Add 21.37%	564,782	1.03
☰	IBM - International Business Machines Corp.	Add 3.36%	54,800	0.33
☰	COL - Rockwell Collins, Inc. (COL)	Add 1.27%	28,100	0.06
☰	MOLX - Molex Inc. (MOLX)	Add 1.26%	18,500	0.02
☰	MMM - 3M Co.	Add 1.08%	39,200	0.13
☰	EMR - Emerson Electric	Add 0.25%	3,200	0.01
☰	RVTY - Perkinelmer, Inc. (PKI)	Add 0.25%	4,100	0.00
☰	APD - Air Products & Chemicals	Buy	3,299,830	10.93
☰	BDX - Becton Dickinson	Buy	3,347,014	10.00
☰	LOW - Lowe's Cos.	Buy	6,211,769	5.02
☰	BHI - Baker Hughes Inc. (BHI)	Buy	1,743,615	4.39
☰	WHR - Whirlpool Corp.	Buy	763,200	2.15
☰	PAA - Plains All Amer Pipeline LP (PAA)	Buy	54,000	0.12
☰	PX - Praxair Inc. (PX)	Reduce 1.29%	9,300	0.04
☰	DVN - Devon Energy Corp.	Reduce 2.27%	89,300	0.34
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Reduce 3.73%	5,000	0.00
☰	UNP - Union Pacific	Reduce 55.73%	372,604	1.52
☰	TMO - Thermo Fisher Scientific	Reduce 57.59%	926,555	1.34
☰	A - Agilent Technologies	Reduce 66.57%	2,201,885	4.08
☰	FDX - FedEx Corp.	Sell 100.00%	3,970,774	15.38
☰	PA5 - Pall Corp (PLL) COMMON	Sell 100.00%	779,749	1.86
	Q1 2011
☰	UPS - United Parcel Service	Add 422.84%	1,605,525	4.94
☰	PX - Praxair Inc. (PX) COMMON	Add 58.31%	265,300	1.12
☰	IBM - International Business Machines Corp.	Add 17.22%	239,205	1.62
☰	MOLXA - Molex Inc. - CL A (MOLXA) COMMON	Add 16.00%	18,500	0.02
☰	MMM - 3M Co.	Add 11.81%	383,827	1.49
☰	FDX - FedEx Corp.	Add 11.75%	417,664	1.62
☰	MOLX - Molex Inc. (MOLX) COMMON	Add 2.37%	34,000	0.04
☰	COL - Rockwell Collins, Inc. (COL) COMMON	Add 2.00%	43,250	0.12
☰	EQT - EQT Corp.	Add 0.31%	8,125	0.02
☰	RVTY - Perkinelmer, Inc. (PKI) COMMON	Add 0.04%	750	0.00
☰	TEL - TE Connectivity plc	Buy	1,951,035	4.49
☰	EMR - Emerson Electric	Reduce 1.34%	17,325	0.05
☰	DVN - Devon Energy Corp.	Reduce 7.65%	325,775	1.16
☰	TMO - Thermo Fisher Scientific	Reduce 16.43%	316,225	0.80
☰	UNP - Union Pacific	Reduce 40.09%	447,403	1.89
☰	A - Agilent Technologies	Reduce 42.27%	2,422,138	4.57
☰	PA5 - Pall Corp (PLL) COMMON	Reduce 71.07%	1,915,377	4.32
	Q4 2010
☰	MOLXA - Molex Inc. - CL A (MOLXA) COMMON	Add 54.96%	41,000	0.04
☰	FDX - FedEx Corp.	Add 6.95%	230,785	0.98
☰	MOLX - Molex Inc. (MOLX) COMMON	Add 6.72%	90,400	0.09
☰	COL - Rockwell Collins, Inc. (COL) COMMON	Add 5.90%	120,555	0.32
☰	MMM - 3M Co.	Add 1.82%	58,203	0.23
☰	DVN - Devon Energy Corp.	Add 1.40%	58,900	0.21
☰	RVTY - Perkinelmer, Inc. (PKI) COMMON	Add 0.96%	15,800	0.02
☰	PX - Praxair Inc. (PX) COMMON	Add 0.33%	1,500	0.01
☰	IBM - International Business Machines Corp.	Buy	1,389,375	9.28
☰	UPS - United Parcel Service	Buy	379,700	1.25
☰	EQT - EQT Corp.	Reduce 0.28%	7,400	0.01
☰	TMO - Thermo Fisher Scientific	Reduce 0.43%	8,400	0.02
☰	EMR - Emerson Electric	Reduce 2.62%	34,900	0.07
☰	A - Agilent Technologies	Reduce 6.99%	430,756	0.57
☰	PA5 - Pall Corp (PLL) COMMON	Reduce 14.03%	439,935	0.73
☰	UNP - Union Pacific	Reduce 27.09%	414,654	1.35
☰	APD - Air Products & Chemicals	Sell 100.00%	2,537,284	8.38
☰	BDX - Becton Dickinson	Sell 100.00%	2,790,814	8.25
☰	WMB - Williams Cos.	Sell 100.00%	7,766,325	5.92
☰	BHI - Baker Hughes Inc. (BHI)	Sell 100.00%	3,159,276	5.37
☰	XRX - Xerox Holdings Corp.	Sell 100.00%	2,049,700	0.85
☰	PAA - Plains All Amer Pipeline LP (PAA)	Sell 100.00%	55,000	0.14
☰	PHM - PulteGroup Inc.	Sell 100.00%	370,822	0.13
	Q3 2010
☰	COL - Rockwell Collins, Inc. (COL)	Add 50.77%	687,941	1.60
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Add 36.63%	20,000	0.01
☰	MOLX - Molex Inc. (MOLX)	Add 20.48%	228,700	0.19
☰	A - Agilent Technologies	Add 18.98%	982,869	1.31
☰	BHI - Baker Hughes Inc. (BHI)	Add 17.77%	476,800	0.81
☰	BDX - Becton Dickinson	Add 13.43%	330,435	0.98
☰	PX - Praxair Inc. (PX)	Add 3.34%	14,655	0.05
☰	APD - Air Products & Chemicals	Add 2.46%	60,890	0.20
☰	FDX - FedEx Corp.	Add 2.02%	65,793	0.22
☰	DVN - Devon Energy Corp.	Add 0.74%	30,800	0.08
☰	WMB - Williams Cos.	Add 0.32%	24,800	0.02
☰	EQT - EQT Corp.	Add 0.17%	4,500	0.01
☰	RVTY - Perkinelmer, Inc. (PKI)	Add 0.16%	2,700	0.00
☰	PHM - PulteGroup Inc.	Buy	370,822	0.13
☰	PA5 - Pall Corp (PLL)	Reduce 0.46%	14,600	0.02
☰	EMR - Emerson Electric	Reduce 1.13%	15,200	0.03
☰	TMO - Thermo Fisher Scientific	Reduce 1.99%	39,200	0.09
☰	MMM - 3M Co.	Reduce 2.88%	94,705	0.33
☰	XRX - Xerox Holdings Corp.	Reduce 44.15%	1,620,330	0.58
☰	UNP - Union Pacific	Reduce 48.12%	1,419,955	4.37
☰	NSC - Norfolk Southern Corp.	Sell 100.00%	419,650	0.99
☰	SPR - Spirit Aerosystems (SPR)	Sell 100.00%	539,000	0.45
	Q2 2010
☰	PX - Praxair Inc. (PX)	Add 18.86%	69,615	0.23
☰	DVN - Devon Energy Corp.	Add 4.48%	178,913	0.48
☰	FDX - FedEx Corp.	Add 2.82%	89,282	0.28
☰	EQT - EQT Corp.	Add 0.64%	16,700	0.03
☰	PA5 - Pall Corp (PLL)	Add 0.56%	17,530	0.03
☰	TMO - Thermo Fisher Scientific	Add 0.44%	8,700	0.02
☰	MMM - 3M Co.	Add 0.32%	10,405	0.04
☰	BDX - Becton Dickinson	Buy	2,460,379	7.36
☰	APD - Air Products & Chemicals	Buy	2,476,394	7.10
☰	WMB - Williams Cos.	Buy	7,741,525	6.26
☰	BHI - Baker Hughes Inc. (BHI)	Buy	2,682,476	4.94
☰	MOLX - Molex Inc. (MOLX)	Buy	1,116,500	0.90
☰	PAA - Plains All Amer Pipeline LP (PAA)	Buy	55,000	0.14
☰	MOLXA - Molex Inc. - CL A (MOLXA)	Buy	54,601	0.04
☰	A - Agilent Technologies	Reduce 0.02%	1,200	0.00
☰	RVTY - Perkinelmer, Inc. (PKI)	Reduce 0.12%	2,000	0.00
☰	EMR - Emerson Electric	Reduce 1.33%	18,200	0.05
☰	UNP - Union Pacific	Reduce 1.73%	51,911	0.20
☰	COL - Rockwell Collins, Inc. (COL)	Reduce 2.06%	28,500	0.09
☰	NSC - Norfolk Southern Corp.	Reduce 20.76%	109,950	0.33
☰	XRX - Xerox Holdings Corp.	Reduce 35.69%	2,036,631	1.05
	Q1 2010
☰	DVN - Devon Energy Corp.	Add 22.75%	739,775	2.53
☰	EQT - EQT Corp.	Add 8.90%	214,300	0.47
☰	TMO - Thermo Fisher Scientific	Add 5.05%	94,500	0.26
☰	PA5 - Pall Corp (PLL) COMMON	Add 2.41%	73,600	0.16
☰	RVTY - Perkinelmer, Inc. (PKI) COMMON	Add 1.80%	29,200	0.04
☰	COL - Rockwell Collins, Inc. (COL) COMMON	Add 1.59%	21,600	0.07
☰	FDX - FedEx Corp.	Add 1.18%	36,832	0.18
☰	MMM - 3M Co.	Add 1.15%	37,350	0.17
☰	EMR - Emerson Electric	Add 1.04%	14,000	0.04
☰	PX - Praxair Inc. (PX) COMMON	Buy	369,200	1.63
☰	UNP - Union Pacific	Reduce 0.13%	3,850	0.01
☰	XRX - Xerox Holdings Corp.	Reduce 4.38%	261,500	0.10
☰	A - Agilent Technologies	Reduce 30.84%	2,309,445	3.09
☰	NSC - Norfolk Southern Corp.	Reduce 42.75%	395,400	0.89
☰	SPR - Spirit Aerosystems (SPR) COMMON	Reduce 50.28%	545,100	0.47
☰	WMB - Williams Cos.	Sell 100.00%	8,737,825	7.93
☰	APD - Air Products & Chemicals	Sell 100.00%	1,939,400	6.77
☰	BHI - Baker Hughes Inc. (BHI)	Sell 100.00%	2,600,476	4.53
☰	BDX - Becton Dickinson	Sell 100.00%	504,800	1.71
☰	HIG - Hartford Financial Svc.Gp.	Sell 100.00%	1,225,760	1.23
☰	ADP - Automatic Data Processing Inc.	Sell 100.00%	173,500	0.32
☰	PAA - Plains All Amer Pipeline LP (PAA)	Sell 100.00%	140,000	0.32
☰	BRKR - Bruker Corp (BRKR)	Sell 100.00%	362,500	0.19
☰	C - Citigroup Inc.	Sell 100.00%	641,000	0.09
☰	SSCCQ - Smurfit Stone (SSCCQ)	Sell 100.00%	3,384,000	0.04
	Q4 2009
☰	WMB - Williams Cos.	Add 76.71%	3,793,100	3.44
☰	RVTY - Perkinelmer, Inc. (PKI)	Add 64.03%	634,000	0.56
☰	APD - Air Products & Chemicals	Add 18.60%	304,200	1.06
☰	BHI - Baker Hughes Inc. (BHI)	Add 10.62%	249,690	0.43
☰	TMO - Thermo Fisher Scientific	Add 9.87%	168,000	0.35
☰	DVN - Devon Energy Corp.	Add 8.75%	261,515	0.83
☰	UNP - Union Pacific	Add 8.74%	241,733	0.66
☰	EQT - EQT Corp.	Add 7.73%	172,795	0.33
☰	NSC - Norfolk Southern Corp.	Add 5.69%	49,800	0.11
☰	XRX - Xerox Holdings Corp.	Add 3.76%	216,500	0.08
☰	EMR - Emerson Electric	Add 2.62%	34,500	0.06
☰	SPR - Spirit Aerosystems (SPR)	Add 2.36%	25,000	0.02
☰	COL - Rockwell Collins, Inc. (COL)	Add 1.85%	24,700	0.06
☰	PA5 - Pall Corp (PLL)	Add 1.50%	45,245	0.07
☰	FDX - FedEx Corp.	Add 0.11%	3,420	0.01
☰	BDX - Becton Dickinson	Buy	504,800	1.71
☰	ADP - Automatic Data Processing Inc.	Buy	173,500	0.32
☰	A - Agilent Technologies	Reduce 0.49%	36,500	0.05
☰	MMM - 3M Co.	Reduce 0.49%	16,080	0.06
☰	HIG - Hartford Financial Svc.Gp.	Reduce 45.33%	1,016,325	1.31
☰	BRKR - Bruker Corp (BRKR)	Reduce 65.46%	687,000	0.36
☰	BNI - Burlington Northern Santa Fe (BNI)	Sell 100.00%	788,620	3.07
☰	BA - Boeing Co.	Sell 100.00%	350,100	0.92
☰	CSX - CSX Corp.	Sell 100.00%	297,850	0.61
☰	HGTXU - Hugoton Royalty Tr (HGT)	Sell 100.00%	246,000	0.21
☰	UNM - Unum Group	Sell 100.00%	10,000	0.01
	Q3 2009
☰	DVN - Devon Energy Corp.	Add 65.91%	1,187,922	3.90
☰	PA5 - Pall Corp (PLL)	Add 37.69%	824,900	1.30
☰	TMO - Thermo Fisher Scientific	Add 33.33%	425,400	0.91
☰	SPR - Spirit Aerosystems (SPR)	Add 8.98%	87,300	0.08
☰	BNI - Burlington Northern Santa Fe (BNI)	Add 8.58%	62,300	0.24
☰	EQT - EQT Corp.	Add 4.83%	102,896	0.21
☰	FDX - FedEx Corp.	Add 3.34%	101,051	0.37
☰	XRX - Xerox Holdings Corp.	Add 1.63%	92,500	0.03
☰	COL - Rockwell Collins, Inc. (COL)	Add 1.44%	18,970	0.05
☰	A - Agilent Technologies	Add 1.30%	96,500	0.13
☰	MMM - 3M Co.	Add 0.29%	9,287	0.03
☰	UNP - Union Pacific	Add 0.21%	5,900	0.02
☰	APD - Air Products & Chemicals	Buy	1,635,200	6.18
☰	BHI - Baker Hughes Inc. (BHI)	Buy	2,350,786	4.89
☰	WMB - Williams Cos.	Buy	4,944,725	4.31
☰	HIG - Hartford Financial Svc.Gp.	Buy	2,242,085	2.90
☰	EMR - Emerson Electric	Buy	1,317,100	2.57
☰	RVTY - Perkinelmer, Inc. (PKI)	Buy	990,200	0.93
☰	PAA - Plains All Amer Pipeline LP (PAA)	Buy	140,000	0.32
☰	C - Citigroup Inc.	Buy	641,000	0.15
☰	SSCCQ - Smurfit Stone (SSCCQ)	Reduce 0.03%	1,000	0.00
☰	NSC - Norfolk Southern Corp.	Reduce 0.48%	4,200	0.01
☰	CSX - CSX Corp.	Reduce 57.47%	402,400	1.10
☰	BA - Boeing Co.	Reduce 84.11%	1,853,750	6.22
☰	HXL - Hexcel Corp.	Sell 100.00%	85,000	0.06
	Q2 2009
☰	SPR - - ------------------------------------------------------------------------------------------------------------------------------------ Spirit Aerosystems (SPR) COMMON	Add 1,843.60%	921,800	1.01
☰	A - Agilent Technologies	Add 87.84%	3,473,725	5.58
☰	XRX - Xerox Holdings Corp.	Add 64.85%	2,226,203	1.14
☰	NSC - Norfolk Southern Corp.	Add 64.73%	345,550	1.03
☰	BNI - - ------------------------------------------------------------------------------------------------------------------------------------ Burlington Northern Santa Fe (BNI) COMMON	Add 43.71%	220,905	1.28
☰	COL - - ------------------------------------------------------------------------------------------------------------------------------------ Rockwell Collins, Inc. (COL) COMMON	Add 41.11%	384,000	1.27
☰	CSX - CSX Corp.	Add 39.58%	198,550	0.54
☰	DVN - Devon Energy Corp.	Add 31.43%	431,000	1.86
☰	EQT - EQT Corp.	Add 25.16%	428,425	1.18
☰	BA - Boeing Co.	Add 24.35%	431,507	1.45
☰	UNP - Union Pacific	Add 16.02%	380,845	1.57
☰	FDX - FedEx Corp.	Add 15.44%	404,700	1.78
☰	HGTXU - - ------------------------------------------------------------------------------------------------------------------------------------ Hugoton Royalty Tr (HGT) COMMON	Add 12.33%	27,000	0.03
☰	MMM - 3M Co.	Add 8.92%	265,800	1.26
☰	PA5 - - ------------------------------------------------------------------------------------------------------------------------------------ Pall Corp (PLL) COMMON	Buy	2,188,386	4.60
☰	TMO - Thermo Fisher Scientific	Buy	1,276,160	4.11
☰	BRKR - - ------------------------------------------------------------------------------------------------------------------------------------ Bruker Corp (BRKR) COMMON	Buy	1,049,500	0.77
☰	HXL - Hexcel Corp.	Buy	85,000	0.06
☰	UNM - Unum Group	Buy	10,000	0.01
☰	TM - Toyota Motor Corp [TM] COMMON	Sell 100.00%	910,760	7.34
☰	HMC - Honda Motors (HMC) COMMON	Sell 100.00%	721,230	2.17
	Q1 2009
☰	BNI - Burlington Northern Santa Fe (BNI) COMMON	Add 37.10%	136,765	1.05
☰	UNP - Union Pacific	Add 16.76%	341,339	1.79
☰	DVN - Devon Energy Corp.	Buy	1,371,358	7.80
☰	A - Agilent Technologies	Buy	3,954,800	7.73
☰	EQT - EQT Corp.	Buy	1,702,951	6.79
☰	NSC - Norfolk Southern Corp.	Buy	533,850	2.29
☰	CSX - CSX Corp.	Buy	501,700	1.65
☰	HGTXU - Hugoton Royalty Tr (HGT) COMMON	Buy	219,000	0.27
☰	SPR - Spirit Aerosystems (SPR) COMMON	Buy	50,000	0.06
☰	BA - Boeing Co.	Reduce 10.15%	200,250	0.82
☰	FDX - FedEx Corp.	Reduce 13.91%	423,404	2.62
☰	COL - Rockwell Collins, Inc. (COL) COMMON	Reduce 17.25%	194,691	0.73
☰	XRX - Xerox Holdings Corp.	Reduce 18.83%	796,347	0.61
☰	MMM - 3M Co.	Reduce 19.07%	702,143	3.89
☰	SSCCQ - Smurfit Stone (SSCC) COMMON	Reduce 33.67%	1,718,070	0.04
☰	TM - Toyota Motor Corp [TM] COMMON	Reduce 68.89%	2,016,920	12.71
☰	HMC - Honda Motors (HMC) COMMON	Reduce 82.79%	3,469,818	7.13
☰	APD - Air Products & Chemicals	Sell 100.00%	1,129,700	5.47
☰	PAA - Pipeline LP (PAA) COMMON	Sell 100.00%	140,000	0.47
	Q4 2008
☰	XRX - Xerox Holdings Corp.	Add 57.42%	1,542,605	1.19
☰	UNP - Union Pacific	Add 18.28%	314,672	1.45
☰	COL - - ------------------------------------------------------------------------------------------------------------------------------------ Rockwell Collins, Inc. (COL) COMMON	Add 12.94%	129,309	0.49
☰	BA - Boeing Co.	Add 5.77%	107,693	0.44
☰	APD - Air Products & Chemicals	Buy	1,129,700	5.47
☰	PAA - Pipeline LP (PAA) COMMON	Buy	140,000	0.47
☰	SSCCQ - - ------------------------------------------------------------------------------------------------------------------------------------ Smurfit Stone (SSCC) COMMON	Reduce 3.94%	209,430	0.06
☰	FDX - FedEx Corp.	Reduce 8.53%	283,939	1.28
☰	TM - - ------------------------------------------------------------------------------------------------------------------------------------ Toyota Motor Corp [TM] COMMON	Reduce 11.83%	392,800	1.92
☰	HMC - - ------------------------------------------------------------------------------------------------------------------------------------ Honda Motors (HMC) COMMON	Reduce 13.29%	642,302	1.10
☰	MMM - 3M Co.	Reduce 21.11%	984,944	3.84
☰	BNI - - ------------------------------------------------------------------------------------------------------------------------------------ Burlington Northern Santa Fe (BNI) COMMON	Reduce 26.11%	130,300	0.69
☰	6683 - - ------------------------------------------------------------------------------------------------------------------------------------ General Electric Company (GE) COMMON	Sell 100.00%	11,243,950	16.36
☰	UNM - Unum Group	Sell 100.00%	2,624,265	3.76
☰	NSC - Norfolk Southern Corp.	Sell 100.00%	115,000	0.43
☰	AAIG - - ------------------------------------------------------------------------------------------------------------------------------------ American International Group (AIG) COMMON	Sell 100.00%	135,000	0.03
	Q3 2008
☰	XRX - Xerox Holdings Corp.	Add 37.39%	731,200	0.48
☰	FDX - FedEx Corp.	Add 5.36%	169,200	0.76
☰	SSCCQ - - ------------------------------------------------------------------------------------------------------------------------------------ Smurfit Stone (SSCC) COMMON	Add 4.58%	232,500	0.06
☰	TM - - ------------------------------------------------------------------------------------------------------------------------------------ Toyota Motor Corporation [TM] COMMON	Add 0.18%	5,880	0.03
☰	6683 - - ------------------------------------------------------------------------------------------------------------------------------------ General Electric Company (GE) COMMON	Buy	11,243,950	16.36
☰	BA - Boeing Co.	Buy	1,864,900	6.10
☰	COL - - ------------------------------------------------------------------------------------------------------------------------------------ Rockwell Collins, Inc. (COL) COMMON	Buy	999,525	2.74
☰	BNI - - ------------------------------------------------------------------------------------------------------------------------------------ Burlington Northern Santa Fe (BNI) COMMON	Reduce 0.40%	2,000	0.01
☰	MMM - 3M Co.	Reduce 4.43%	216,295	0.68
☰	HMC - - ------------------------------------------------------------------------------------------------------------------------------------ Honda Motors (HMC) COMMON	Reduce 18.36%	1,086,900	1.66
☰	UNP - Union Pacific	Reduce 32.99%	847,800	2.88
☰	NSC - Norfolk Southern Corp.	Reduce 40.26%	77,500	0.22
☰	UNM - Unum Group	Reduce 49.15%	2,536,350	2.33
☰	AAIG - - ------------------------------------------------------------------------------------------------------------------------------------ American International Group (AIG) COMMON	Reduce 98.18%	7,267,470	8.65
☰	HIG - Hartford Financial Svc.Gp.	Sell 100.00%	5,647,350	16.40
☰	C - Citigroup Inc.	Sell 100.00%	4,343,825	3.27
☰	AAP - Advance Auto Parts	Sell 100.00%	1,863,750	3.25
☰	PAA - Plains All Amer Pipeline LP (PAA)	Sell 100.00%	170,000	0.34
	Q2 2008
☰	UNP - Union Pacific	Add 75.08%	1,101,970	3.74
☰	XRX - Xerox Holdings Corp.	Add 39.38%	552,500	0.34
☰	SSCCQ - Smurfit Stone (SSCC)	Add 19.71%	836,500	0.15
☰	UNM - Unum Group	Add 2.78%	139,500	0.13
☰	FDX - FedEx Corp.	Add 1.82%	56,600	0.20
☰	AAIG - American Int'l Group (AIG)	Add 1.12%	82,200	0.10
☰	MMM - 3M Co.	Add 0.50%	24,300	0.08
☰	HIG - Hartford Financial Svc.Gp.	Buy	5,647,350	16.40
☰	C - Citigroup Inc.	Buy	4,343,825	3.27
☰	PAA - Plains All Amer Pipeline LP (PAA)	Buy	170,000	0.34
☰	TM - Toyota Motor Corp [TM]	Reduce 0.20%	6,500	0.02
☰	HMC - Honda Motors (HMC)	Reduce 0.34%	20,200	0.02
☰	NSC - Norfolk Southern Corp.	Reduce 3.75%	7,500	0.02
☰	AAP - Advance Auto Parts	Reduce 47.82%	1,708,025	2.19
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 71.62%	1,263,910	4.40
☰	6683 - General Electric Co (GE) COMMON	Sell 100.00%	13,808,400	19.29
☰	APOG - Apogee Enterprises (APOG) COMMON	Sell 100.00%	10,000	0.01
	Q1 2008
☰	UNM - Unum Group	Add 13.82%	609,500	0.51
☰	MMM - 3M Co.	Add 5.83%	267,720	0.80
☰	SSCCQ - Smurfit Stone (SSCC) COMMON	Add 5.15%	208,000	0.06
☰	FDX - FedEx Corp.	Add 4.29%	127,630	0.45
☰	HMC - Honda Motors (HMC) COMMON	Add 4.16%	237,500	0.26
☰	AAIG - American Int'l Group (AIG) COMMON	Add 3.18%	225,670	0.37
☰	TM - Toyota Motor Corp [TM] COMMON	Add 3.16%	101,700	0.39
☰	6683 - General Electric Co (GE) COMMON	Buy	13,808,400	19.29
☰	XRX - Xerox Holdings Corp.	Buy	1,403,000	0.79
☰	APOG - Apogee Enterprises (APOG) COMMON	Buy	10,000	0.01
☰	AAP - Advance Auto Parts	Reduce 0.09%	3,200	0.00
☰	UNP - Union Pacific	Reduce 18.79%	339,610	1.43
☰	BNI - Burlington Northern Santa Fe (BNI) COMMON	Reduce 25.56%	606,040	1.69
☰	NSC - Norfolk Southern Corp.	Reduce 90.75%	1,962,800	3.31
☰	HIG - Hartford Financial Svc.Gp.	Sell 100.00%	5,129,110	14.95
☰	C - Citigroup Inc.	Sell 100.00%	4,117,325	4.05
☰	PAA - Plains All Amer Pipeline LP (PAA)	Sell 100.00%	165,000	0.29
☰	CVCO - Cavco Industries, Inc. (CVCO)	Sell 100.00%	10,000	0.01
	Q4 2007
☰	C - Citigroup Inc.	Add 172.49%	2,606,325	2.56
☰	AAIG - American Int'l Group (AIG)	Add 8.78%	572,900	1.12
☰	HIG - Hartford Financial Svc.Gp.	Add 7.30%	348,760	1.02
☰	NSC - Norfolk Southern Corp.	Add 6.66%	135,000	0.23
☰	BNI - Burlington Northern Santa Fe (BNI)	Add 5.25%	118,250	0.33
☰	HMC - Honda Motors (HMC)	Add 4.90%	266,500	0.30
☰	SSCCQ - Smurfit Stone (SSCC)	Add 2.87%	112,500	0.04
☰	FDX - FedEx Corp.	Buy	2,975,160	8.86
☰	CVCO - Cavco Industries, Inc. (CVCO)	Buy	10,000	0.01
☰	TM - Toyota Motor Corp [TM]	Reduce 0.43%	13,800	0.05
☰	UNM - Unum Group	Reduce 1.97%	88,685	0.07
☰	MMM - 3M Co.	Reduce 3.47%	165,000	0.51
☰	AAP - Advance Auto Parts	Reduce 7.74%	299,825	0.33
☰	UNP - Union Pacific	Reduce 60.19%	2,732,450	10.11
	Q3 2007
☰	C - Citigroup Inc.	Add 33.60%	380,000	0.58
☰	TM - Toyota Motor Corp [TM]	Add 7.72%	231,650	0.89
☰	HIG - Hartford Financial Svc.Gp.	Add 4.10%	188,100	0.57
☰	AAIG - American Int'l Group (AIG)	Buy	6,521,700	14.44
☰	SSCCQ - Smurfit Stone (SSCC)	Buy	3,923,000	1.50
☰	UNP - Union Pacific	Reduce 2.12%	98,400	0.40
☰	NSC - Norfolk Southern Corp.	Reduce 2.52%	52,500	0.10
☰	MMM - 3M Co.	Reduce 4.48%	222,800	0.68
☰	AAP - Advance Auto Parts	Reduce 7.61%	319,000	0.45
☰	PAA - Plains All Amer Pipeline LP (PAA)	Reduce 8.33%	15,000	0.03
☰	BNI - Burlington Northern Santa Fe (BNI	Reduce 12.19%	312,600	0.93
☰	HMC - Honda Motors (HMC)	Reduce 23.45%	1,665,150	2.11
☰	UNM - Unum Group	Reduce 31.28%	2,048,250	1.87
☰	IBM - International Business Machines Corp.	Sell 100.00%	550,300	2.02
☰	CSX - CSX Corp.	Sell 100.00%	198,500	0.31
☰	YARIY - YARA International (YARIY)	Sell 100.00%	132,500	0.14
☰	VCTL - Rainmaker Systems (RMKR)	Sell 100.00%	75,000	0.02
	Q2 2007
☰	VCTL - Rainmaker Systems (RMKR)	Add 290.10%	55,774	0.01
☰	PAA - Plains All Amer Pipeline LP (PAA)	Add 111.76%	95,000	0.21
☰	TM - Toyota Motor Corp [TM]	Add 39.79%	854,425	3.75
☰	HMC - Honda Motors (HMC)	Add 19.84%	1,175,500	1.49
☰	HIG - Hartford Financial Svc.Gp.	Add 2.40%	107,600	0.37
☰	C - Citigroup Inc.	Buy	1,131,000	2.03
☰	IBM - International Business Machines Corp.	Buy	550,300	2.02
☰	MMM - 3M Co.	Reduce 0.04%	2,000	0.00
☰	UNP - Union Pacific	Reduce 0.41%	19,250	0.06
☰	UNM - Unum Group	Reduce 0.42%	27,500	0.02
☰	NSC - Norfolk Southern Corp.	Reduce 0.53%	11,000	0.02
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 1.82%	47,500	0.11
☰	AAP - Advance Auto Parts	Reduce 11.01%	519,100	0.58
☰	CSX - CSX Corp.	Reduce 83.93%	1,036,900	1.22
☰	YARIY - YARA International (YARIY)	Reduce 87.02%	888,300	0.71
☰	AAIG - American International Group (AIG)	Sell 100.00%	5,930,450	11.66
☰	6683 - General Electric Co (GE)	Sell 100.00%	705,900	11.07
☰	AAGBP - Alcoa Inc (AA)	Sell 100.00%	2,489,700	2.47
☰	SSCCQ - Smurfit Stone Container Corp (SSCC)	Sell 100.00%	4,033,000	1.33
☰	9895616Q - Pogo Producing Company (PPP)	Sell 100.00%	230,000	0.32
☰	GEL - Genesis Energy LP (GEL)	Sell 100.00%	288,790	0.18
	Q1 2007
☰	NSC - Norfolk Southern Corp.	Add 32.24%	509,800	0.75
☰	MMM - 3M Co.	Add 22.34%	909,500	2.03
☰	PAA - Plains All American Pipeline LP (PAA)	Add 13.33%	10,000	0.02
☰	AAIG - American International Group (AIG)	Add 5.84%	327,300	0.64
☰	SSCCQ - Smurfit Stone Container Corp (SSCC)	Add 0.25%	10,000	0.00
☰	HIG - Hartford Financial Svc.Gp.	Buy	4,484,650	12.53
☰	9895616Q - Pogo Producing Company (PPP)	Buy	230,000	0.32
☰	VCTL - Rainmaker Systems (RMKR)	Buy	19,226	0.00
☰	AAP - Advance Auto Parts	Reduce 0.63%	29,950	0.04
☰	HMC - Honda Motor Co (HMC)	Reduce 2.84%	173,200	0.23
☰	UNP - Union Pacific	Reduce 4.07%	197,500	0.60
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 5.77%	159,850	0.39
☰	GEL - Genesis Energy LP (GEL)	Reduce 8.49%	26,800	0.02
☰	UNM - Unum Group	Reduce 17.34%	1,379,715	0.95
☰	TM - Toyota Motor Corp [TM]	Reduce 31.66%	994,725	4.42
☰	AAGBP - Alcoa Inc (AA)	Reduce 48.07%	2,305,000	2.29
☰	YARIY - Yara International (YARIY)	Reduce 81.63%	4,535,300	3.43
☰	6683 - General Electric Co (GE)	Reduce 86.54%	4,538,800	5.59
☰	WY - Weyerhaeuser Co.	Sell 100.00%	194,100	0.45
	Q4 2006
☰	PAA - Pipeline LP (PAA) COMMON	Add 114.29%	40,000	0.07
☰	AAGBP - - ------------------------------------------------------------------------------------------------------------------------------------ Alcoa Inc (AA) COMMON	Add 14.25%	598,000	0.59
☰	AAIG - - ------------------------------------------------------------------------------------------------------------------------------------ American Int'l Group (AIG) COMMON	Add 0.83%	46,000	0.11
☰	MMM - 3M Co.	Buy	4,071,000	10.50
☰	6683 - - ------------------------------------------------------------------------------------------------------------------------------------ General Electric Co (GE) COMMON	Buy	5,244,700	6.46
☰	HMC - - ------------------------------------------------------------------------------------------------------------------------------------ Honda Motors (HMC) COMMON	Reduce 0.21%	13,000	0.01
☰	UNP - Union Pacific	Reduce 0.80%	39,000	0.11
☰	UNM - Unum Group	Reduce 0.81%	65,000	0.04
☰	BNI - - ------------------------------------------------------------------------------------------------------------------------------------ Burlington Northern Santa Fe (BNI) COMMON	Reduce 1.13%	31,750	0.08
☰	YARIY - - ------------------------------------------------------------------------------------------------------------------------------------ YARA International (YARIY) COMMON	Reduce 3.36%	193,400	0.10
☰	AAP - Advance Auto Parts	Reduce 20.54%	1,226,000	1.32
☰	GEL - - ------------------------------------------------------------------------------------------------------------------------------------ Genesis Energy LP (GEL) COMMON	Reduce 24.10%	100,200	0.05
☰	TM - - ------------------------------------------------------------------------------------------------------------------------------------ Toyota Motor Corp [TM] COMMON	Reduce 29.73%	1,329,000	4.72
☰	WY - Weyerhaeuser Co.	Reduce 94.29%	3,207,250	6.43
☰	HIG - Hartford Financial Svc.Gp.	Sell 100.00%	3,613,050	10.21
☰	MDC - MDC Holdings, Inc. (MDC)	Sell 100.00%	1,406,000	2.13
☰	FQGA - China Netcom Group - ADR (CN)	Sell 100.00%	1,727,952	2.02
☰	TOL - Toll Brothers	Sell 100.00%	25,400	0.02
☰	CSARQ - Caraustar Industries (CSAR)	Sell 100.00%	33,299	0.01
	Q3 2006
☰	CSX - CSX Corp.	Add 100.00%	617,700	0.66
☰	WY - Weyerhaeuser Co.	Add 24.90%	678,100	1.36
☰	HIG - Hartford Financial Svc.Gp.	Add 19.91%	599,900	1.70
☰	AAP - Advance Auto Parts	Add 18.84%	946,050	1.02
☰	MDC - MDC Holdings, Inc. (MDC)	Add 13.43%	166,500	0.25
☰	SSCCQ - Smurfit Stone (SSCC)	Add 0.50%	20,000	0.01
☰	UNP - Union Pacific	Add 0.17%	8,100	0.02
☰	YARIY - YARA International (YARIY)	Add 0.13%	7,500	0.00
☰	HMC - Honda Motors (HMC)	Add 0.02%	1,500	0.00
☰	UNM - Unum Group	Reduce 0.06%	4,500	0.00
☰	TM - Toyota Motor Corp [TM]	Reduce 0.16%	7,000	0.02
☰	FQGA - China Netcom Group - ADR (CN)	Reduce 0.31%	5,448	0.01
☰	GEL - Genesis Energy LP (GEL)	Reduce 3.75%	16,210	0.01
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 4.58%	134,550	0.36
☰	AAIG - American Int'l Group (AIG)	Reduce 9.53%	585,550	1.17
☰	CSARQ - Caraustar Industries (CSAR)	Reduce 10.93%	4,086	0.00
☰	TOL - Toll Brothers	Reduce 35.53%	14,000	0.01
☰	CPCAY - Cathay Pacific Airways (CPCAY)	Sell 100.00%	400,000	0.12
☰	APC - Anadarko Petroleum Corp (APC)	Sell 100.00%	20,000	0.03
	Q2 2006
☰	YARIY - YARA International (YARIY)	Add 52.37%	1,973,500	0.89
☰	AAP - Advance Auto Parts	Add 14.17%	623,300	0.61
☰	SSCCQ - Smurfit Stone (SSCC)	Add 13.38%	472,500	0.17
☰	WY - Weyerhaeuser Co.	Add 9.81%	243,250	0.51
☰	UNM - Unum Group	Add 4.02%	310,500	0.19
☰	AAGBP - Alcoa Inc (AA)	Add 2.72%	111,000	0.12
☰	AAIG - American Int'l Group (AIG)	Add 2.62%	157,000	0.31
☰	TOL - Toll Brothers	Add 1.29%	500	0.00
☰	HMC - Honda Motors (HMC)	Add 0.60%	36,200	0.04
☰	UNP - Union Pacific	Add 0.48%	23,300	0.07
☰	HIG - Hartford Financial Svc.Gp.	Buy	3,013,150	8.64
☰	TM - Toyota Motor Corp [TM]	Reduce 1.01%	45,650	0.15
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 7.41%	235,100	0.61
☰	MDC - MDC Holdings, Inc. (MDC)	Reduce 10.42%	144,200	0.29
☰	CSARQ - Caraustar Industries (CSAR)	Reduce 26.70%	13,615	0.01
☰	APC - Anadarko Petroleum Corp (APC)	Reduce 99.42%	3,400,720	10.66
☰	IP - International Paper (IP)	Sell 100.00%	1,251,600	1.34
☰	LFB - Longview Fibre (LFB)	Sell 100.00%	73,500	0.06
	Q1 2006
☰	HMC - Honda Motors (HMC)	Add 100.60%	3,046,400	2.92
☰	WY - Weyerhaeuser Co.	Add 40.48%	714,650	1.61
☰	AAIG - American Int'l Group (AIG)	Add 25.88%	1,230,450	2.52
☰	AAGBP - Alcoa Inc (AA)	Add 6.74%	258,100	0.24
☰	AAP - Advance Auto Parts	Add 4.18%	176,550	0.23
☰	UNP - Union Pacific	Add 1.40%	67,200	0.19
☰	UNM - Unum Group	Buy	7,714,765	4.90
☰	MDC - MDC Holdings, Inc. (MDC)	Buy	1,383,700	2.76
☰	NSC - Norfolk Southern Corp.	Buy	1,581,500	2.65
☰	SSCCQ - Smurfit Stone (SSCC)	Buy	3,530,500	1.49
☰	CSX - CSX Corp.	Buy	617,700	1.15
☰	TM - Toyota Motor Corp [TM]	Reduce 0.19%	8,800	0.04
☰	APC - Anadarko Petroleum Corp (APC)	Reduce 0.25%	8,500	0.03
☰	IP - International Paper (IP)	Reduce 0.40%	5,000	0.01
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 2.76%	90,000	0.25
☰	CPCAY - Cathay Pacific Airways (CPCAY)	Reduce 33.33%	200,000	0.07
☰	TOL - Toll Brothers	Reduce 46.86%	34,300	0.05
☰	LFB - Longview Fibre (LFB)	Reduce 83.65%	376,000	0.30
☰	3570354Q - Centex Corp (CTX)	Sell 100.00%	2,263,400	6.26
☰	LEN - Lennar Corp.	Sell 100.00%	24,600	0.06
☰	LEN.B - Lennar Corp. CL B	Sell 100.00%	13,160	0.03
	Q4 2005
☰	TOL - Toll Brothers	Add 713.33%	64,200	0.09
☰	AAIG - American Int'l Group (AIG)	Add 157.82%	2,910,850	7.68
☰	HMC - Honda Motors (HMC)	Add 124.44%	1,679,000	1.88
☰	AAGBP - Alcoa Inc (AA)	Add 65.63%	1,516,600	1.74
☰	WY - Weyerhaeuser Co.	Add 11.69%	184,750	0.47
☰	UNP - Union Pacific	Add 4.78%	218,600	0.68
☰	LFB - Longview Fibre (LFB)	Add 4.08%	17,600	0.01
☰	FQGA - China Netcom Group - ADR (CN)	Add 2.27%	38,400	0.05
☰	GEL - Genesis Energy LP (GEL)	Add 0.84%	3,600	0.00
☰	AAP - Advance Auto Parts	Add 0.26%	11,000	0.02
☰	TM - Toyota Motor Corp [TM]	Add 0.06%	2,700	0.01
☰	CPCAY - Cathay Pacific Airways (CPCAY)	Buy	600,000	0.21
☰	CSARQ - Caraustar Industries (CSAR)	Buy	51,000	0.02
☰	IP - International Paper (IP)	Reduce 0.24%	3,000	0.00
☰	APC - Anadarko Petroleum Corp (APC)	Reduce 1.92%	67,000	0.24
☰	3570354Q - Centex Corp (CTX)	Reduce 70.53%	5,417,230	13.23
☰	LEN - Lennar Corp.	Reduce 82.38%	115,000	0.26
☰	LEN.B - Lennar Corp. CL B	Reduce 94.61%	231,040	0.48
☰	UNM - Unum Group	Sell 100.00%	7,491,000	5.81
☰	SSCCQ - Smurfit Stone (SSCC)	Sell 100.00%	1,976,500	0.77
☰	PHM - PulteGroup Inc.	Sell 100.00%	291,100	0.47
☰	KBH - KB Home (KBH)	Sell 100.00%	43,100	0.12
☰	929530Q - Burlington Res Inc. (BR)	Sell 100.00%	2,750	0.01
	Q3 2005
☰	BNI - Burlington Northern Santa Fe (BNI)	Add 689.07%	2,850,350	6.44
☰	AAP - Advance Auto Parts	Add 46.21%	1,331,200	1.95
☰	TOL - Toll Brothers	Add 38.46%	2,500	0.01
☰	SSCCQ - Smurfit Stone (SSCC)	Add 27.01%	420,300	0.16
☰	TM - Toyota Motor Corp [TM]	Add 20.65%	775,200	2.71
☰	UNP - Union Pacific	Add 3.62%	160,000	0.43
☰	WY - Weyerhaeuser Co.	Add 1.98%	30,700	0.08
☰	UNM - Unum Group	Add 1.54%	113,800	0.09
☰	AAGBP - Alcoa Inc (AA)	Add 0.76%	17,500	0.02
☰	HMC - Honda Motors (HMC)	Add 0.75%	10,000	0.01
☰	FQGA - China Netcom Group - ADR (CN)	Add 0.12%	2,000	0.00
☰	AAIG - American Int'l Group (AIG)	Buy	1,844,400	4.32
☰	LFB - Longview Fibre (LFB)	Buy	431,900	0.32
☰	929530Q - Burlington Res Inc. (BR)	Buy	2,750	0.01
☰	IP - International Paper (IP)	Reduce 0.98%	12,500	0.02
☰	3570354Q - Centex Corp (CTX)	Reduce 11.49%	997,320	2.95
☰	APC - Anadarko Petroleum Corp (APC)	Reduce 16.88%	709,880	2.44
☰	LEN.B - Lennar Corp. CL B	Reduce 28.66%	98,100	0.24
☰	PHM - PulteGroup Inc.	Reduce 56.10%	371,950	1.31
☰	KBH - KB Home (KBH)	Reduce 85.47%	253,500	0.81
☰	LEN - Lennar Corp.	Reduce 88.21%	1,044,700	2.77
☰	RYL - Ryland Group (RYL)	Sell 100.00%	19,000	0.06
☰	SPPJY - SAPPI Ltd (SPP)	Sell 100.00%	50,000	0.02
	Q2 2005
☰	KBH - KB Home (KBH)	Add 100.00%	148,300	0.48
☰	SSCCQ - Smurfit Stone (SSCC)	Add 59.50%	580,500	0.25
☰	TM - Toyota Motor Corp [TM]	Add 46.93%	1,199,100	3.59
☰	LEN - Lennar Corp.	Add 6.32%	70,400	0.19
☰	IP - International Paper (IP)	Add 5.05%	61,100	0.08
☰	UNP - Union Pacific	Add 4.84%	204,000	0.55
☰	LEN.B - Lennar Corp. CL B	Add 0.38%	1,300	0.00
☰	3570354Q - Centex Corp (CTX)	Buy	8,677,950	25.65
☰	UNM - Unum Group	Buy	7,377,200	5.65
☰	AAGBP - Alcoa Inc (AA)	Buy	2,293,500	2.51
☰	FQGA - China Netcom Group - ADR (CN)	Buy	1,693,000	2.05
☰	HMC - Honda Motors (HMC)	Buy	1,339,200	1.38
☰	SPPJY - SAPPI Ltd (SPP)	Buy	50,000	0.02
☰	AAP - Advance Auto Parts	Reduce 0.72%	21,000	0.07
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 0.72%	3,000	0.01
☰	WY - Weyerhaeuser Co.	Reduce 19.83%	383,300	1.65
☰	RYL - Ryland Group (RYL)	Reduce 58.99%	27,333	0.09
☰	PHM - PulteGroup Inc.	Reduce 74.13%	1,900,300	8.77
☰	3423152Q - Electronic Data Systems (EDS)	Sell 100.00%	3,767,100	4.88
	Q1 2005
☰	WY - Weyerhaeuser Co.	Add 430.08%	1,568,500	6.73
☰	IP - International Paper (IP)	Add 112.46%	641,000	1.48
☰	TM - Toyota Motor Corp [TM]	Add 90.79%	1,216,000	5.67
☰	UNP - Union Pacific	Add 21.95%	758,300	3.31
☰	RYL - Ryland Group (RYL)	Add 5.30%	2,333	0.01
☰	SSCCQ - Smurfit Stone (SSCC)	Add 0.28%	2,700	0.00
☰	AAP - Advance Auto Parts	Add 0.10%	3,000	0.01
☰	APC - Anadarko Petroleum Corp (APC)	Add 0.01%	500	0.00
☰	GEL - Genesis Energy LP (GEL)	Reduce 1.20%	5,200	0.00
☰	3423152Q - Electronic Data Systems (EDS)	Reduce 3.48%	136,000	0.22
☰	PHM - PulteGroup Inc.	Reduce 6.70%	184,050	0.83
☰	LEN - Lennar Corp.	Reduce 10.56%	131,500	0.53
☰	KBH - KB Home (KBH)	Reduce 31.88%	69,400	0.51
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 80.57%	1,727,450	5.80
☰	PAA - Plains All Amer Pipeline LP (PAA)	Reduce 87.72%	250,000	0.67
☰	MWV - Meadwestvaco Corp (MWV)	Sell 100.00%	721,000	1.73
☰	DHI - D.R. Horton	Sell 100.00%	436,400	1.25
☰	TIN - Temple Inland (TIN)	Sell 100.00%	110,300	0.54
☰	RDPL - Royal Dutch (RD)	Sell 100.00%	65,000	0.26
☰	LFB - Longview Fibre (LFB)	Sell 100.00%	105,700	0.14
	Q4 2004
☰	AAP - Advance Auto Parts	Add 29.41%	658,800	2.04
☰	LEN.B - Lennar Corp. CL B	Add 16.30%	47,800	0.18
☰	UNP - Union Pacific	Add 3.23%	108,000	0.52
☰	APC - Anadarko Petroleum Corp (APC)	Buy	4,205,600	19.34
☰	TM - Toyota Motor Corp [TM]	Buy	1,339,300	7.78
☰	WY - Weyerhaeuser Co.	Buy	364,700	1.74
☰	MWV - Meadwestvaco Corp (MWV)	Buy	721,000	1.73
☰	IP - International Paper (IP)	Buy	570,000	1.70
☰	SSCCQ - Smurfit Stone (SSCC)	Buy	973,000	1.29
☰	TIN - Temple Inland (TIN)	Buy	110,300	0.54
☰	PHM - PulteGroup Inc.	Reduce 8.08%	241,500	0.85
☰	RYL - Ryland Group (RYL)	Reduce 9.09%	4,400	0.02
☰	LEN - Lennar Corp.	Reduce 24.13%	396,000	1.08
☰	KBH - KB Home (KBH)	Reduce 27.84%	84,000	0.41
☰	DHI - D.R. Horton	Reduce 81.24%	1,890,250	3.59
☰	RDPL - Royal Dutch (RD)	Reduce 97.84%	2,940,600	8.71
☰	TOL - Toll Brothers	Reduce 99.11%	724,825	1.92
☰	3570354Q - - ----------------------------------------------------------------------------------------------------------------------------------- Centex Corp (CTX) COMMON	Sell 100.00%	9,071,100	26.27
☰	UNM - Unum Group	Sell 100.00%	7,209,200	6.49
☰	CVX - Chevron Corp.	Sell 100.00%	1,644,600	5.06
☰	DOFSQ - - ----------------------------------------------------------------------------------------------------------------------------------- Diamond Offshore (do) Common	Sell 100.00%	722,200	1.37
☰	IMNY - - ----------------------------------------------------------------------------------------------------------------------------------- I MANY Inc. (IMNY) COMMON	Sell 100.00%	1,000,000	0.06
	Q3 2004
☰	KBH - - ----------------------------------------------------------------------------------------------------------------------------------- Kb Home (kbh) Common	Add 185.43%	196,000	0.95
☰	CVX - Chevron Corp.	Add 101.08%	826,700	2.54
☰	LEN.B - Lennar Corp. CL B	Add 36.75%	78,800	0.20
☰	UNP - Union Pacific	Add 16.09%	463,700	1.56
☰	3570354Q - - ----------------------------------------------------------------------------------------------------------------------------------- Centex Corp (CTX) COMMON	Add 11.70%	950,100	2.75
☰	UNM - Unum Group	Add 1.53%	108,600	0.10
☰	LEN - Lennar Corp.	Add 0.86%	14,000	0.04
☰	RDPL - - ----------------------------------------------------------------------------------------------------------------------------------- Royal Dutch (RD) COMMON	Add 0.25%	7,500	0.02
☰	AAP - Advance Auto Parts	Buy	2,239,950	4.42
☰	3423152Q - - ----------------------------------------------------------------------------------------------------------------------------------- Electronic Data Systems (EDS) COMMON	Buy	3,903,100	4.34
☰	IMNY - - ----------------------------------------------------------------------------------------------------------------------------------- I MANY Inc. (IMNY) COMMON	Buy	1,000,000	0.06
☰	BNI - - ----------------------------------------------------------------------------------------------------------------------------------- Burlington Northern Santa Fe (BNI) COMMON	Reduce 0.60%	13,000	0.03
☰	YARIY - - ----------------------------------------------------------------------------------------------------------------------------------- YARA International (YARIY) COMMON	Reduce 0.72%	27,500	0.01
☰	DHI - D.R. Horton	Reduce 12.87%	343,625	0.54
☰	TOL - Toll Brothers	Reduce 13.98%	118,900	0.28
☰	PHM - PulteGroup Inc.	Reduce 48.06%	2,766,000	7.93
☰	RYL - - ----------------------------------------------------------------------------------------------------------------------------------- Ryland Group (RYL) COMMON	Reduce 63.72%	85,000	0.36
☰	APC - Anadarko Petroleum Corp (APC)	Sell 100.00%	4,162,300	13.44
☰	R - Ryder Systems Inc. (R)	Sell 100.00%	839,750	1.85
	Q2 2004
☰	BNI - Burlington Northern Santa Fe (BNI)	Add 112.88%	1,143,800	2.21
☰	LFB - Longview Fibre (LFB)	Add 5.70%	5,700	0.00
☰	APC - Anadarko Petroleum Corp (APC)	Add 1.50%	61,500	0.20
☰	UNP - Union Pacific	Buy	2,882,700	9.44
☰	YARIY - YARA International (YARIY)	Buy	3,796,000	1.69
☰	UNM - Unum Group	Reduce 0.03%	2,000	0.00
☰	CVX - Chevron Corp.	Reduce 0.18%	1,500	0.01
☰	3570354Q - Centex Corp (CTX)	Reduce 0.25%	20,000	0.06
☰	PHM - PulteGroup Inc.	Reduce 0.99%	57,800	0.17
☰	DHI - D.R. Horton	Reduce 3.61%	100,000	0.19
☰	RDPL - Royal Dutch (RD)	Reduce 4.12%	128,800	0.33
☰	TOL - Toll Brothers	Reduce 5.07%	45,375	0.11
☰	KBH - Kb Home (kbh)	Reduce 30.78%	47,000	0.20
☰	R - Ryder Systems Inc. (R)	Reduce 53.07%	949,600	1.98
☰	DE - Deere & Co.	Sell 100.00%	811,500	3.02
☰	GD - General Dynamics	Sell 100.00%	617,300	2.97
☰	ECA - EnCana Corporation (ECA)	Sell 100.00%	1,030,530	2.39
☰	CVCO - Cavco Industries, Inc. (CVCO)	Sell 100.00%	172,115	0.34
	Q1 2004
☰	RDPL - Royal Dutch (RD)	Add 140.99%	1,829,400	4.68
☰	PHM - PulteGroup Inc.	Add 100.21%	2,909,400	8.70
☰	3570354Q - Centex Corp (CTX)	Add 100.03%	4,071,200	11.83
☰	LEN - Lennar Corp.	Add 100.00%	813,700	2.37
☰	LEN.B - Lennar Corp. CL B	Add 100.00%	107,200	0.30
☰	DHI - D.R. Horton	Add 50.00%	923,425	1.76
☰	KBH - Kb Home (kbh)	Add 1.66%	2,500	0.01
☰	DOFSQ - Diamond Offshore (do)	Add 1.12%	8,000	0.01
☰	UNM - Unum Group	Add 0.81%	57,045	0.04
☰	APC - Anadarko Petroleum Corp (APC)	Add 0.59%	24,080	0.07
☰	CVX - Chevron Corp.	Add 0.06%	500	0.00
☰	CVCO - Cavco Industries, Inc. (CVCO)	Reduce 11.10%	21,500	0.03
☰	GD - General Dynamics	Reduce 16.73%	124,060	0.58
☰	R - Ryder Systems Inc. (R)	Reduce 53.51%	2,059,950	3.64
☰	DE - Deere & Co.	Reduce 57.63%	1,103,600	3.72
☰	TKN - - ------------------------------------------------------------------------------------------------------------------------------------ Teekay Shipping Corp (TK) COMMON	Sell 100.00%	972,000	2.87
☰	SNA - Snap-On Inc.	Sell 100.00%	1,386,350	2.31
☰	DLI - - ------------------------------------------------------------------------------------------------------------------------------------ Del Laboratories, Inc (DLI) COMMON	Sell 100.00%	173,380	0.22
☰	LAB - Standard Biotools Inc	Sell 100.00%	30,352	0.06
☰	FC - - ------------------------------------------------------------------------------------------------------------------------------------ Franklin Covey Co (FC) COMMON	Sell 100.00%	167,800	0.02
☰	FRO - - ------------------------------------------------------------------------------------------------------------------------------------ Frontline Limited (FRO) COMMON	Sell 100.00%	17,500	0.02
	Q4 2003
☰	CVX - Chevron Corp.	Add 26,316.13%	815,800	3.65
☰	UNM - Unum Group	Add 8.97%	579,755	0.47
☰	GEL - - ------------------------------------------------------------------------------------------------------------------------------------ Genesis Energy LP (GEL) COMMON	Add 8.92%	35,500	0.02
☰	DLI - - ------------------------------------------------------------------------------------------------------------------------------------ Del Laboratories, Inc (DLI) COMMON	Add 8.79%	14,005	0.02
☰	APC - Anadarko Petroleum Corp (APC) COMMON	Add 7.96%	300,720	0.79
☰	RDPL - - ------------------------------------------------------------------------------------------------------------------------------------ Royal Dutch (RD) COMMON	Buy	1,297,500	3.52
☰	DOFSQ - - ------------------------------------------------------------------------------------------------------------------------------------ Diamond Offshore (do) Common	Buy	714,200	0.76
☰	PAA - - ------------------------------------------------------------------------------------------------------------------------------------ Plains All Amer Pipeline LP (PAA) COMMON	Buy	285,000	0.48
☰	GD - General Dynamics	Reduce 0.34%	2,540	0.01
☰	SNA - Snap-On Inc.	Reduce 0.42%	5,850	0.01
☰	ECA - - ------------------------------------------------------------------------------------------------------------------------------------ EnCana Corporation (ECA) COMMON	Reduce 1.25%	13,000	0.03
☰	RYL - - ------------------------------------------------------------------------------------------------------------------------------------ Ryland Group (RYL) COMMON	Reduce 2.20%	3,000	0.01
☰	KBH - - ------------------------------------------------------------------------------------------------------------------------------------ Kb Home (kbh) Common	Reduce 2.78%	4,300	0.02
☰	PHM - PulteGroup Inc.	Reduce 3.37%	101,100	0.40
☰	TKN - - ------------------------------------------------------------------------------------------------------------------------------------ Teekay Shipping Corp (TK) COMMON	Reduce 5.77%	59,500	0.15
☰	3570354Q - - ------------------------------------------------------------------------------------------------------------------------------------ Centex Corp (CTX) COMMON	Reduce 6.60%	287,600	1.32
☰	DHI - D.R. Horton	Reduce 9.28%	189,000	0.36
☰	TOL - Toll Brothers	Reduce 11.60%	117,500	0.21
☰	R - - ------------------------------------------------------------------------------------------------------------------------------------ Ryder Systems Inc. (R) COMMON	Reduce 13.62%	607,100	1.05
☰	LEN - Lennar Corp.	Reduce 24.10%	258,300	1.18
☰	DE - Deere & Co.	Reduce 38.70%	1,208,900	3.79
☰	FC - - ------------------------------------------------------------------------------------------------------------------------------------ Franklin Covey Co (FC) COMMON	Reduce 39.29%	108,600	0.01
☰	LFB - - ------------------------------------------------------------------------------------------------------------------------------------ Longview Fibre (LFB) COMMON	Reduce 79.22%	381,300	0.22
☰	FRO - - ------------------------------------------------------------------------------------------------------------------------------------ Frontline Limited (FRO) COMMON	Reduce 98.73%	1,358,150	1.34
☰	LAB - Standard Biotools Inc	Reduce 99.04%	3,136,000	5.30
☰	8214761Q - Alcan Aluminum (AL)	Sell 100.00%	980,700	2.21
☰	MOO - Monsanto Co (MON)	Sell 100.00%	757,550	1.07
☰	OME - Omega Protein (OME)	Sell 100.00%	481,700	0.19
☰	PTBTQ - Pope & Talbot (POP)	Sell 100.00%	21,500	0.02
	Q3 2003
☰	UNM - Unum Group	Add 7.48%	449,900	0.39
☰	TOL - Toll Brothers	Add 2.53%	25,000	0.04
☰	3570354Q - Centex Corp (CTX)	Add 0.81%	35,100	0.16
☰	FRO - Frontline Limited (FRO)	Add 0.70%	9,500	0.01
☰	PHM - PulteGroup Inc.	Add 0.56%	16,700	0.07
☰	SNA - Snap-On Inc.	Add 0.25%	3,500	0.01
☰	APC - Anadarko Petroleum Corp (APC)	Buy	3,776,000	9.28
☰	CVCO - Cavco Industries, Inc. (CVCO)	Buy	193,615	0.24
☰	TKN - Teekay Shipping Corp (TK)	Reduce 0.10%	1,000	0.00
☰	LAB - Standard Biotools Inc	Reduce 0.28%	9,000	0.02
☰	R - Ryder Systems Inc. (R)	Reduce 0.34%	15,000	0.02
☰	GEL - Genesis Energy LP (GEL)	Reduce 3.33%	13,700	0.00
☰	DLI - Del Laboratories, Inc (DLI)	Reduce 4.72%	7,900	0.01
☰	FC - Franklin Covey Co (FC)	Reduce 4.98%	14,500	0.00
☰	OME - Omega Protein (OME)	Reduce 8.25%	43,300	0.01
☰	ECA - EnCana Corporation (ECA)	Reduce 56.02%	1,329,042	3.01
☰	MOO - Monsanto Co (MON)	Reduce 58.91%	1,086,250	1.38
☰	8214761Q - Alcan Aluminum (AL)	Reduce 62.54%	1,637,400	3.02
☰	CVX - Chevron Corp.	Reduce 99.09%	339,300	1.45
☰	A - Agilent Technologies	Sell 100.00%	2,623,400	3.02
☰	AAGBP - Alcoa Inc (AA)	Sell 100.00%	1,608,278	2.42
☰	RDPL - Royal Dutch (RD)	Sell 100.00%	142,500	0.39
☰	BP - BP plc	Sell 100.00%	150,000	0.37
☰	CENX - Century Aluminum Co.	Sell 100.00%	905,900	0.37
☰	APF - Morgan Stanley Asia Pac (APF)	Sell 100.00%	163,347	0.08
☰	EOP - Equity Office Properties (EOP)	Sell 100.00%	32,574	0.05
☰	VRE - Mack-Cali Realty Corp (CLI)	Sell 100.00%	17,000	0.04
☰	3353984Q - Reckson Associates Realty (RA)	Sell 100.00%	16,700	0.02
	Q2 2003
☰	DE - Deere & Co.	Add 9.83%	279,700	0.75
☰	UNM - Unum Group	Add 9.74%	534,000	0.42
☰	8214761Q - Alcan Aluminum (AL)	Add 0.80%	20,800	0.04
☰	FRO - Frontline Limited (FRO)	Add 0.59%	8,000	0.01
☰	3570354Q - Centex Corp (CTX)	Buy	4,322,300	19.83
☰	PHM - PulteGroup Inc.	Buy	2,987,700	10.86
☰	R - Ryder Systems Inc. (R)	Buy	4,471,400	6.76
☰	GD - General Dynamics	Buy	743,900	3.18
☰	CVX - Chevron Corp.	Buy	342,400	1.46
☰	LEN.B - Lennar Corp. CL B	Buy	107,200	0.46
☰	RDPL - Royal Dutch (RD)	Buy	142,500	0.39
☰	BP - BP plc	Buy	150,000	0.37
☰	LAB - Standard Biotools Inc	Reduce 0.16%	5,000	0.02
☰	MOO - Monsanto Co (MON)	Reduce 0.16%	3,000	0.01
☰	TKN - Teekay Shipping Corp (TK)	Reduce 0.39%	4,000	0.02
☰	LEN - Lennar Corp.	Reduce 0.46%	5,000	0.03
☰	TOL - Toll Brothers	Reduce 0.50%	5,000	0.01
☰	DHI - D.R. Horton	Reduce 0.68%	14,000	0.03
☰	A - Agilent Technologies	Reduce 3.10%	84,000	0.14
☰	GEL - Genesis Energy LP (GEL)	Reduce 4.63%	20,000	0.01
☰	EOP - Equity Office Properties (EOP)	Reduce 6.73%	2,351	0.01
☰	RYL - Ryland Group (RYL)	Reduce 6.83%	10,000	0.05
☰	VRE - Mack-Cali Realty Corp (CLI)	Reduce 10.53%	2,000	0.01
☰	APF - Morgan Stanley Asia Pac (APF)	Reduce 16.47%	32,200	0.03
☰	3353984Q - Reckson Associates Realty (RA)	Reduce 17.33%	3,500	0.01
☰	EP - El Paso Corp (EP)	Sell 100.00%	3,619,800	2.76
☰	ABF - Airborne, Inc. (ABF)	Sell 100.00%	40,000	0.10
☰	SNSAY - Stolt-Nielsen S.A. (SNSA)	Sell 100.00%	27,000	0.02
	Q1 2003
☰	DLI - Del Laboratories, Inc (DLI)	Add 51.69%	57,000	0.14
☰	TOL - Toll Brothers	Add 13.84%	120,700	0.29
☰	DHI - D.R. Horton	Add 12.39%	225,900	0.55
☰	8214761Q - Alcan Aluminum (AL)	Add 11.12%	260,000	0.91
☰	DE - Deere & Co.	Add 4.18%	114,200	0.56
☰	TKN - Teekay Shipping Corp (TK)	Add 2.42%	24,500	0.12
☰	SNA - Snap-On Inc.	Add 2.28%	31,000	0.10
☰	BNI - Burlington Northern Santa Fe (BNI)	Add 2.27%	22,500	0.07
☰	UNM - Unum Group	Add 1.08%	58,500	0.07
☰	GEL - Genesis Energy LP (GEL)	Add 0.94%	4,000	0.00
☰	LAB - Standard Biotools Inc	Add 0.93%	29,352	0.11
☰	A - Agilent Technologies	Buy	2,707,400	4.49
☰	EP - El Paso Corp (EP)	Buy	3,619,800	2.76
☰	RYL - Ryland Group (RYL)	Buy	146,400	0.80
☰	ABF - Airborne, Inc. (ABF)	Buy	40,000	0.10
☰	ECA - EnCana Corporation (ECA)	Reduce 1.61%	38,805	0.15
☰	DOW - Dow Inc.	Sell 100.00%	1,808,200	6.61
	Q4 2002
☰	DHI - D.R. Horton	Add 99.31%	908,800	1.94
☰	FC - Franklin Covey Co (FC)	Add 93.93%	140,900	0.02
☰	TOL - Toll Brothers	Add 44.01%	266,600	0.66
☰	MOO - Monsanto Co (MON)	Add 9.83%	165,300	0.39
☰	UNM - Unum Group	Add 9.03%	449,200	0.97
☰	8214761Q - Alcan Aluminum (AL)	Add 4.17%	93,500	0.34
☰	DOW - Dow Inc.	Add 3.25%	57,000	0.21
☰	OME - Omega Protein (OME)	Add 2.98%	15,200	0.01
☰	TKN - Teekay Shipping Corp (TK)	Add 2.85%	28,000	0.14
☰	SNA - Snap-On Inc.	Add 2.18%	29,000	0.10
☰	AAGBP - Alcoa Inc (AA)	Add 0.59%	9,500	0.03
☰	LAB - Standard Biotools Inc	Buy	3,151,000	9.01
☰	FRO - Frontline Limited (FRO)	Buy	1,358,150	1.48
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 0.10%	1,000	0.00
☰	DE - Deere & Co.	Reduce 0.78%	21,500	0.08
☰	DLI - Del Laboratories, Inc (DLI)	Reduce 4.09%	4,700	0.01
☰	ECA - EnCana Corporation (ECA)	Reduce 55.81%	3,045,841	7.43
☰	3570354Q - - ------------------------------------------------------------------------------------------------------------------------------------ Centex Corp (CTX) COMMON	Sell 100.00%	4,303,300	15.47
☰	PHM - PulteGroup Inc.	Sell 100.00%	2,966,600	10.25
☰	R - - ------------------------------------------------------------------------------------------------------------------------------------ Ryder Systems Inc. (R) COMMON	Sell 100.00%	4,363,900	8.82
☰	EP - - ------------------------------------------------------------------------------------------------------------------------------------ El Paso Corp (EP) COMMON	Sell 100.00%	6,084,200	4.08
☰	OMM - - ------------------------------------------------------------------------------------------------------------------------------------ OMI Corp (OMM) COMMON	Sell 100.00%	2,114,500	0.56
	Q3 2002
☰	FC - - ------------------------------------------------------------------------------------------------------------------------------------ Franklin Covey Co (FC) COMMON	Add 212.50%	102,000	0.01
☰	EP - - ------------------------------------------------------------------------------------------------------------------------------------ El Paso Corp (EP) COMMON	Add 34.43%	1,558,400	1.05
☰	OME - - ------------------------------------------------------------------------------------------------------------------------------------ Omega Protein (OME) COMMON	Add 3.03%	15,000	0.00
☰	LEN - Lennar Corp.	Add 2.04%	21,500	0.10
☰	8214761Q - Alcan Aluminum (AL) COMMON	Add 1.63%	36,000	0.07
☰	UNM - Unum Group	Add 1.32%	65,000	0.11
☰	R - - ------------------------------------------------------------------------------------------------------------------------------------ Ryder Systems Inc. (R) COMMON	Add 0.17%	7,500	0.02
☰	PHM - PulteGroup Inc.	Add 0.14%	4,000	0.01
☰	3570354Q - - ------------------------------------------------------------------------------------------------------------------------------------ Centex Corp (CTX) COMMON	Add 0.12%	5,000	0.02
☰	MOO - - ------------------------------------------------------------------------------------------------------------------------------------ Monsanto Company (MON) COMMON	Buy	1,681,500	2.08
☰	AAGBP - - ------------------------------------------------------------------------------------------------------------------------------------ Alcoa Inc (AA) COMMON	Reduce 0.06%	1,000	0.00
☰	DOW - Dow Inc.	Reduce 0.06%	1,000	0.00
☰	BNI - - ------------------------------------------------------------------------------------------------------------------------------------ Burlington Northern Santa Fe (BNI) COMMON	Reduce 0.20%	2,000	0.00
☰	ECA - - ------------------------------------------------------------------------------------------------------------------------------------ EnCana Corporation (ECA) COMMON	Reduce 3.59%	203,416	0.39
☰	TOL - Toll Brothers	Reduce 3.90%	24,600	0.05
☰	DE - Deere & Co.	Reduce 21.93%	773,000	2.34
☰	FRO - Frontline Limited (FRO)	Sell 100.00%	1,283,150	0.77
☰	NCX - Nova Chemicals Corp (NCX)	Sell 100.00%	513,000	0.73
☰	FNLYQ - Finlay Enterprises (FNLY)	Sell 100.00%	212,700	0.22
☰	MEOH - Methanex Corp.	Sell 100.00%	381,913	0.20
	Q2 2002
☰	LFB - Longview Fibre (LFB)	Add 259.18%	347,300	0.21
☰	TOL - Toll Brothers	Add 87.84%	294,800	0.55
☰	UNM - Unum Group	Add 26.76%	1,036,400	1.67
☰	DOW - Dow Inc.	Add 15.60%	236,500	0.51
☰	OME - Omega Protein (OME)	Add 9.96%	44,800	0.01
☰	AAGBP - Alcoa Inc (AA)	Add 3.23%	50,000	0.10
☰	FNLYQ - Finlay Enterprises (FNLY)	Add 1.05%	2,200	0.00
☰	DE - Deere & Co.	Add 0.59%	20,500	0.06
☰	8214761Q - Alcan Aluminum (AL)	Add 0.20%	4,500	0.01
☰	3570354Q - Centex Corp (CTX)	Buy	4,298,300	15.70
☰	ECA - EnCana Corporation (ECA)	Buy	5,660,634	10.95
☰	PHM - PulteGroup Inc.	Buy	2,962,600	10.76
☰	R - Ryder Systems Inc. (R)	Buy	4,356,400	7.46
☰	EP - El Paso Corp (EP)	Buy	4,525,800	5.90
☰	OMM - OMI Corp (OMM)	Buy	2,114,500	0.55
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 0.10%	1,000	0.00
☰	EOP - Equity Office Properties (EOP)	Reduce 6.82%	2,555	0.01
☰	CENX - Century Aluminum Co.	Reduce 7.61%	74,600	0.17
☰	LEN - Lennar Corp.	Reduce 15.57%	194,700	1.42
☰	KBH - Kb Home (kbh)	Reduce 20.57%	40,000	0.24
☰	DHI - D.R. Horton	Reduce 21.86%	256,086	1.33
☰	APF - Morgan Stanley Asia Pac (APF)	Reduce 23.35%	59,568	0.07
☰	NCX - Nova Chemicals Corp (NCX)	Reduce 46.06%	438,000	1.52
☰	MEOH - Methanex Corp.	Reduce 86.66%	2,480,934	2.54
☰	735553Q - Alberta Energy (AOG)	Sell 100.00%	3,810,500	9.29
☰	3321267Q - Abitibi-Consolidated (ABY)	Sell 100.00%	2,971,000	3.65
☰	KWD - Kellwood Company (KWD)	Sell 100.00%	595,200	2.00
☰	GTIV - Gentiva Health Services (GTIV)	Sell 100.00%	320,000	1.09
☰	KMC - Kerr-McGee Corp (KMG)	Sell 100.00%	80,000	0.69
☰	MPF - MPS Group, Inc. (MPS)	Sell 100.00%	237,500	0.29
	Q1 2002
☰	LEN - Lennar Corp.	Add 80.77%	558,600	4.07
☰	OME - Omega Protein (OME)	Add 28.57%	100,000	0.04
☰	DOW - Dow Inc.	Add 22.45%	277,900	1.26
☰	SNSAY - Stolt-Nielsen S.A. (SNSA)	Add 20.00%	4,500	0.01
☰	735553Q - Alberta Energy (AOG)	Add 6.12%	219,700	0.54
☰	UNM - Unum Group	Add 3.51%	131,400	0.04
☰	GEL - Genesis Energy LP (GEL)	Add 3.31%	13,700	0.01
☰	MEOH - Methanex Corp.	Add 3.06%	85,000	0.09
☰	8214761Q - Alcan Aluminum (AL)	Add 0.11%	2,500	0.01
☰	LFB - Longview Fibre (LFB)	Buy	134,000	0.19
☰	FC - Franklin Covey Co (FC)	Buy	48,000	0.02
☰	AAGBP - Alcoa Inc (AA)	Reduce 0.16%	2,500	0.01
☰	SNA - Snap-On Inc.	Reduce 0.75%	10,000	0.02
☰	KWD - Kellwood Company (KWD)	Reduce 0.83%	5,000	0.01
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 0.95%	9,500	0.02
☰	FNLYQ - Finlay Enterprises (FNLY)	Reduce 1.03%	2,200	0.00
☰	TOL - Toll Brothers	Reduce 10.65%	40,000	0.12
☰	NCX - Nova Chemicals Corp (NCX)	Reduce 12.86%	140,300	0.19
☰	DHI - D.R. Horton	Reduce 20.82%	308,000	0.70
☰	MPF - MPS Group, Inc. (MPS)	Reduce 77.27%	807,400	0.45
☰	GTIV - Gentiva Health Services (GTIV)	Reduce 85.61%	1,904,246	2.83
☰	3570354Q - Centex Corp (CTX)	Sell 100.00%	4,005,000	15.77
☰	PHM - PulteGroup Inc.	Sell 100.00%	2,811,600	8.67
☰	R - Ryder Systems Inc. (R)	Sell 100.00%	4,300,400	6.72
☰	RYL - Ryland Group (RYL)	Sell 100.00%	363,850	1.84
☰	OMM - OMI Corp (OMM)	Sell 100.00%	1,120,000	0.31
☰	3310045Q - Imagistics Intl inc (IGI)	Sell 100.00%	120,200	0.11
☰	BGC - General Cable Corp (BGC)	Sell 100.00%	57,500	0.05
☰	PEHYY - Pechiney SA (PY)	Sell 100.00%	29,000	0.05
☰	2290040Q - Commonwealth Industries (CMIN)	Sell 100.00%	40,000	0.01
	Q4 2001
☰	OMM - OMI Corp (OMM)	Add 354.36%	873,500	0.24
☰	TKN - Teekay Shipping Corp (TK)	Add 267.03%	715,900	1.72
☰	LEN - Lennar Corp.	Add 190.34%	453,400	1.47
☰	UNM - Unum Group	Add 30.37%	871,500	1.63
☰	8214761Q - Alcan Aluminum (AL)	Add 27.42%	473,600	1.20
☰	735553Q - Alberta Energy (AOG)	Add 7.75%	258,400	0.68
☰	DLI - Del Laboratories, Inc (DLI)	Add 5.00%	5,475	0.01
☰	EOP - Equity Office Properties (EOP)	Add 4.17%	1,500	0.00
☰	FRO - Frontline Limited (FRO)	Add 2.31%	29,000	0.02
☰	PHM - PulteGroup Inc.	Add 2.11%	58,200	0.18
☰	FNLYQ - Finlay Enterprises (FNLY)	Add 1.05%	2,200	0.00
☰	3321267Q - Abitibi-Consolidated (ABY)	Add 0.15%	4,500	0.00
☰	3570354Q - Centex Corp (CTX)	Buy	4,005,000	15.77
☰	R - Ryder Systems Inc. (R)	Buy	4,300,400	6.72
☰	GTIV - Gentiva Health Services (GTIV)	Buy	2,224,246	3.31
☰	MPF - MPS Group, Inc. (MPS)	Buy	1,044,900	0.58
☰	3310045Q - Imagistics Intl inc (IGI)	Buy	120,200	0.11
☰	3353984Q - Reckson Associates Realty (RA)	Buy	20,200	0.03
☰	SNA - Snap-On Inc.	Reduce 0.45%	6,100	0.01
☰	KWD - Kellwood Company (KWD)	Reduce 3.16%	19,600	0.04
☰	DE - Deere & Co.	Reduce 6.77%	254,500	0.99
☰	AAGBP - Alcoa Inc (AA)	Reduce 13.34%	239,000	0.77
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 13.37%	155,000	0.43
☰	PEHYY - Pechiney SA (PY)	Reduce 20.98%	7,700	0.01
☰	RYL - Ryland Group (RYL)	Reduce 26.33%	130,050	0.64
☰	DOW - Dow Inc.	Reduce 37.63%	746,900	2.54
☰	MEOH - Methanex Corp.	Reduce 39.48%	1,811,853	0.91
☰	TOL - Toll Brothers	Reduce 42.80%	281,000	0.86
☰	VRE - Mack-Cali Realty Corp (CLI)	Reduce 94.96%	358,100	1.15
☰	SFG - StanCorp Financial Group (SFG)	Sell 100.00%	1,325,600	6.65
☰	MAN - ManpowerGroup	Sell 100.00%	1,405,000	3.83
☰	CAT - Caterpillar Inc.	Sell 100.00%	96,600	0.45
☰	MCL-W - Moore Corp (MCL)	Sell 100.00%	74,000	0.06
☰	GT - Goodyear Tire Rubber (GT)	Sell 100.00%	17,500	0.03
☰	USI-W - U S Industries (USI)	Sell 100.00%	40,000	0.01
☰	1409Q - NAB Asset Corp (NABC)	Sell 100.00%	405,300	0.00
	Q3 2001
☰	KBH - Kb Home (kbh)	Add 94.50%	94,500	0.28
☰	DOW - Dow Inc.	Add 56.57%	717,100	2.44
☰	TOL - Toll Brothers	Add 21.37%	115,600	0.36
☰	DLI - Del Laboratories, Inc (DLI)	Add 15.87%	15,000	0.02
☰	PHM - PulteGroup Inc.	Add 9.84%	246,700	0.78
☰	SNA - Snap-On Inc.	Add 5.38%	68,600	0.16
☰	8214761Q - Alcan Aluminum (AL)	Add 4.35%	72,000	0.22
☰	DHI - D.R. Horton	Add 4.12%	58,500	0.13
☰	DE - Deere & Co.	Add 3.99%	144,200	0.56
☰	MAN - ManpowerGroup	Add 0.11%	1,600	0.00
☰	735553Q - Alberta Energy (AOG)	Buy	3,332,400	11.72
☰	SFG - StanCorp Financial Group (SFG)	Buy	1,325,600	6.65
☰	NCX - Nova Chemicals Corp (NCX)	Buy	1,091,300	1.85
☰	FRO - Frontline Limited (FRO)	Buy	1,254,150	1.18
☰	TKN - Teekay Shipping Corp (TK)	Buy	268,100	0.87
☰	OMM - OMI Corp (OMM)	Buy	246,500	0.11
☰	SNSAY - Stolt-Nielsen S.A. (SNSA)	Buy	22,500	0.03
☰	KWD - Kellwood Company (KWD)	Reduce 0.24%	1,500	0.00
☰	LEN - Lennar Corp.	Reduce 1.04%	2,500	0.01
☰	RYL - Ryland Group (RYL)	Reduce 1.04%	5,200	0.02
☰	UNM - Unum Group	Reduce 4.27%	127,978	0.37
☰	CAT - Caterpillar Inc.	Reduce 45.64%	81,100	0.35
☰	VRE - Mack-Cali Realty Corp (CLI)	Reduce 54.38%	449,500	1.09
☰	GT - Goodyear Tire Rubber (GT)	Reduce 74.64%	51,500	0.12
☰	MCL-W - Moore Corp (MCL)	Reduce 97.27%	2,632,600	1.22
☰	3570354Q - - ------------------------------------------------------------------------------------------------------------------------------------ Centex Corp (CTX) COMMON	Sell 100.00%	3,950,200	13.70
☰	R - - ------------------------------------------------------------------------------------------------------------------------------------ Ryder Systems Inc. (R) COMMON	Sell 100.00%	4,098,400	6.84
☰	GTIV - - ------------------------------------------------------------------------------------------------------------------------------------ Gentiva Health Services (GTIV) COMMON	Sell 100.00%	2,224,246	3.41
☰	UNP - Union Pacific	Sell 100.00%	174,600	0.82
☰	GATX - - ------------------------------------------------------------------------------------------------------------------------------------ GATX Corp (GMT) COMMON	Sell 100.00%	202,050	0.69
☰	FDP - - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Fresh Del Monte (FDP) COMMON	Sell 100.00%	451,700	0.42
☰	3437127Q - - ------------------------------------------------------------------------------------------------------------------------------------ Millennium Pharmaceuticals (MLNM) COMMON	Sell 100.00%	15,000	0.05
☰	SSCCQ - - ------------------------------------------------------------------------------------------------------------------------------------ Smurfit Stone (sscc) COMMON	Sell 100.00%	20,000	0.03
☰	CPHG - - ------------------------------------------------------------------------------------------------------------------------------------ Computer Horizons Corp (CHRZ) COMMON	Sell 100.00%	21,500	0.01
	Q2 2001
☰	LEN - Lennar Corp.	Add 2,307.00%	230,700	0.81
☰	DOW - Dow Inc.	Add 479.34%	1,048,800	2.97
☰	PEHYY - - ------------------------------------------------------------------------------------------------------------------------------------ Pechiney SA (PY) COMMON	Add 63.11%	14,200	0.03
☰	MEOH - Methanex Corp.	Add 17.39%	680,000	0.30
☰	8214761Q - - ------------------------------------------------------------------------------------------------------------------------------------ Alcan Aluminum (AL) COMMON	Add 12.81%	188,000	0.67
☰	UNM - Unum Group	Add 10.26%	278,878	0.80
☰	DLI - - ------------------------------------------------------------------------------------------------------------------------------------ Del Laboratories, Inc (DLI) COMMON	Add 5.00%	4,500	0.00
☰	PHM - PulteGroup Inc.	Add 4.87%	116,400	0.42
☰	KWD - - ------------------------------------------------------------------------------------------------------------------------------------ COLUMN TOTAL 781,172 - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Kellwood Company (KWD) COMMON	Add 1.64%	10,000	0.02
☰	VRE - - ------------------------------------------------------------------------------------------------------------------------------------ Mack-Cali Realty Corp (CLI) COMMON	Add 1.35%	11,000	0.03
☰	SNA - Snap-On Inc.	Add 0.79%	10,000	0.02
☰	MAN - ManpowerGroup	Add 0.54%	7,500	0.02
☰	3570354Q - - ------------------------------------------------------------------------------------------------------------------------------------ Centex Corp (CTX) COMMON	Buy	3,950,200	13.70
☰	DE - Deere & Co.	Buy	3,614,400	11.64
☰	R - - ------------------------------------------------------------------------------------------------------------------------------------ Ryder Systems Inc. (R) COMMON	Buy	4,098,400	6.84
☰	GTIV - - ------------------------------------------------------------------------------------------------------------------------------------ Gentiva Health Services (GTIV) COMMON	Buy	2,224,246	3.41
☰	TOL - Toll Brothers	Buy	541,000	1.81
☰	MCL-W - - ------------------------------------------------------------------------------------------------------------------------------------ Moore Corp (MCL) COMMON	Buy	2,706,600	1.25
☰	KMC - Kerr-McGee Corp (KMG) COMMON	Buy	80,000	0.45
☰	KBH - - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ Kb Home (kbh) Common	Buy	100,000	0.26
☰	CPHG - - ------------------------------------------------------------------------------------------------------------------------------------ Computer Horizons Corp (CHRZ) COMMON	Buy	21,500	0.01
☰	EOP - - ------------------------------------------------------------------------------------------------------------------------------------ Equity Office Properties (EOP) COMMON	Reduce 3.43%	1,277	0.00
☰	RYL - - ------------------------------------------------------------------------------------------------------------------------------------ Ryland Group (RYL) COMMON	Reduce 4.57%	23,900	0.08
☰	AAGBP - - ------------------------------------------------------------------------------------------------------------------------------------ Alcoa Inc (AA) COMMON	Reduce 5.46%	103,390	0.29
☰	APF - - ------------------------------------------------------------------------------------------------------------------------------------ Morgan Stanley Asia Pac (APF) COMMON	Reduce 37.88%	155,585	0.09
☰	UNP - Union Pacific	Reduce 53.11%	197,800	0.89
☰	DHI - D.R. Horton	Reduce 60.15%	2,144,766	6.05
☰	GATX - - ------------------------------------------------------------------------------------------------------------------------------------ GATX Corp (GMT) COMMON	Reduce 75.88%	635,600	2.13
☰	BGC - - ------------------------------------------------------------------------------------------------------------------------------------ General Cable Corp (BGC) COMMON	Reduce 78.40%	208,700	0.18
☰	GT - - ------------------------------------------------------------------------------------------------------------------------------------ Goodyear Tire Rubber (GT) COMMON	Reduce 95.11%	1,342,700	2.59
☰	CAT - Caterpillar Inc.	Reduce 95.64%	3,895,100	12.89
☰	3346Q - US Bancorp (USB)	Sell 100.00%	3,652,400	8.28
☰	838852Q - Heller Financial (HF)	Sell 100.00%	1,783,500	5.22
☰	SFG - StanCorp Financial Group (SFG)	Sell 100.00%	1,343,500	4.44
☰	NCX - Nova Chemicals Corp (NCX)	Sell 100.00%	922,900	1.47
☰	89236Q - CIT Group (CIT)	Sell 100.00%	511,100	1.18
☰	HSE - HS Resources (HSE)	Sell 100.00%	94,000	0.34
☰	IBM - International Business Machines Corp.	Sell 100.00%	39,570	0.30
☰	AF - Astoria Financial Corp (ASFC)	Sell 100.00%	61,500	0.26
☰	FLTWQ - Fleetwood Enterprises (FLE)	Sell 100.00%	343,800	0.26
☰	677004Q - Texaco (TX)	Sell 100.00%	44,900	0.24
☰	HIG - Hartford Financial Svc.Gp.	Sell 100.00%	49,410	0.23
☰	TSG - Sabre Holdings Corp (TSG)	Sell 100.00%	61,113	0.22
☰	AAMRQ - AMR Corporation (AMR)	Sell 100.00%	69,900	0.19
☰	PHD - Phelps Dodge (PD)	Sell 100.00%	58,600	0.19
☰	TOY - Toys"R" Us Inc (TOY)	Sell 100.00%	74,000	0.15
☰	WY - Weyerhaeuser Co.	Sell 100.00%	36,200	0.15
☰	DALRQ - Delta Air Lines (DAL)	Sell 100.00%	45,000	0.14
☰	605018Q - Charter One Financial (CF)	Sell 100.00%	56,700	0.13
☰	HNT - Health Net Inc. Com (HNT)	Sell 100.00%	81,700	0.13
☰	IP - International Paper (IP)	Sell 100.00%	43,400	0.12
☰	HRB - H&R Block Inc.	Sell 100.00%	27,775	0.11
☰	2942331Q - Bear Stearns Companies (BSC)	Sell 100.00%	26,900	0.10
☰	NAV - Navistar International (NAV)	Sell 100.00%	48,750	0.09
☰	BEN - Franklin Resources Inc (BEN)	Sell 100.00%	22,000	0.07
☰	BWA - BorgWarner Inc.	Sell 100.00%	20,900	0.07
☰	F - Ford Motor (F)	Sell 100.00%	27,650	0.06
☰	GD - General Dynamics	Sell 100.00%	11,400	0.06
☰	MEL - Mellon Financial Corp (MEL)	Sell 100.00%	19,700	0.06
☰	SCS - Steelcase Inc. (SCS)	Sell 100.00%	60,200	0.06
☰	OLN - Olin Corp.	Sell 100.00%	29,200	0.05
☰	8222 - Limited (LTD)	Sell 100.00%	34,400	0.04
☰	NC - Nacco Industries (NC)	Sell 100.00%	7,700	0.04
☰	2323070Q - General Motors (GM)	Sell 100.00%	7,200	0.03
☰	9489 - At&t (t)	Sell 100.00%	15,438	0.03
☰	C - Citigroup Inc.	Sell 100.00%	7,700	0.03
☰	81814Q - Chiquita Brands (CQB)	Sell 100.00%	151,000	0.02
☰	DCOM - Dime Community Bancshares	Sell 100.00%	7,500	0.02
☰	HOEN - Hoenig Group (HOEN)	Sell 100.00%	10,000	0.01
☰	PNC - PNC Financial Services	Sell 100.00%	500	0.00
	Q1 2001
☰	3346Q - US Bancorp (USB)	Add 7,605.49%	3,605,000	8.17
☰	DHI - D.R. Horton	Add 962.74%	3,230,000	9.11
☰	CAT - Caterpillar Inc.	Add 702.05%	3,565,000	11.80
☰	8214761Q - Alcan Aluminum (AL)	Add 444.42%	1,197,700	3.48
☰	OLN - Olin Corp.	Add 89.61%	13,800	0.02
☰	PEHYY - Pechiney SA (PY)	Add 80.00%	10,000	0.02
☰	TSG - Sabre Holdings Corp (TSG)	Add 34.57%	15,700	0.06
☰	OME - Omega Protein (OME)	Add 29.63%	80,000	0.01
☰	8222 - Limited (LTD)	Add 27.88%	7,500	0.01
☰	PHM - PulteGroup Inc.	Add 25.57%	486,800	1.57
☰	2942331Q - Bear Stearns Companies (BSC)	Add 21.72%	4,800	0.02
☰	HIG - Hartford Financial Svc.Gp.	Add 11.76%	5,200	0.02
☰	HNT - Health Net Inc. Com (HNT)	Add 9.37%	7,000	0.01
☰	DALRQ - Delta Air Lines (DAL)	Add 7.66%	3,200	0.01
☰	PHD - Phelps Dodge (PD)	Add 5.40%	3,000	0.01
☰	AAMRQ - AMR Corporation (AMR)	Add 4.95%	3,300	0.01
☰	FDP - Fresh Del Monte (FDP)	Add 4.27%	18,500	0.01
☰	AAGBP - Alcoa Inc (AA)	Add 3.93%	71,600	0.20
☰	CENX - Century Aluminum Co.	Add 1.31%	12,700	0.02
☰	IBM - International Business Machines Corp.	Add 1.28%	500	0.00
☰	SFG - StanCorp Financial Group (SFG)	Add 0.97%	12,900	0.04
☰	SNA - Snap-On Inc.	Add 0.76%	9,500	0.02
☰	IP - International Paper (IP)	Add 0.70%	300	0.00
☰	KWD - Kellwood Company (KWD)	Add 0.41%	2,500	0.00
☰	MEOH - Methanex Corp.	Add 0.39%	15,000	0.01
☰	838852Q - Heller Financial (HF)	Add 0.20%	3,500	0.01
☰	MAN - ManpowerGroup	Add 0.09%	1,200	0.00
☰	UNM - Unum Group	Add 0.08%	2,100	0.00
☰	NCX - Nova Chemicals Corp (NCX)	Buy	922,900	1.47
☰	DOW - Dow Inc.	Buy	218,800	0.55
☰	HRB - H&R Block Inc.	Buy	27,775	0.11
☰	BEN - Franklin Resources Inc (BEN)	Buy	22,000	0.07
☰	MEL - Mellon Financial Corp (MEL)	Buy	19,700	0.06
☰	C - Citigroup Inc.	Buy	7,700	0.03
☰	DCOM - Dime Community Bancshares	Buy	7,500	0.02
☰	PNC - PNC Financial Services	Buy	500	0.00
☰	GT - Goodyear Tire Rubber (GT)	Reduce 0.28%	4,000	0.01
☰	3321267Q - Abitibi-Consolidated (ABY)	Reduce 0.70%	21,000	0.01
☰	VRE - Mack-Cali Realty Corp (CLI)	Reduce 1.21%	10,000	0.02
☰	677004Q - Texaco (TX)	Reduce 2.18%	1,000	0.00
☰	BNI - Burlington Northern Santa Fe (BNI)	Reduce 6.46%	80,000	0.18
☰	APF - Morgan Stanley Asia Pac (APF)	Reduce 6.60%	29,000	0.02
☰	HSE - HS Resources (HSE)	Reduce 9.18%	9,500	0.03
☰	RYL - Ryland Group (RYL)	Reduce 15.03%	92,500	0.27
☰	AF - Astoria Financial Corp (ASFC)	Reduce 17.45%	13,000	0.05
☰	BGC - General Cable Corp (BGC)	Reduce 18.94%	62,200	0.02
☰	F - Ford Motor (F)	Reduce 21.34%	7,500	0.01
☰	BWA - BorgWarner Inc.	Reduce 32.36%	10,000	0.03
☰	GATX - GATX Corp (GMT)	Reduce 33.97%	431,000	1.61
☰	2323070Q - General Motors (GM)	Reduce 48.57%	6,800	0.03
☰	NAV - Navistar International (NAV)	Reduce 58.21%	67,900	0.14
☰	9489 - At&t (t)	Reduce 65.48%	29,286	0.04
☰	WY - Weyerhaeuser Co.	Reduce 77.64%	125,700	0.48
☰	89236Q - CIT Group (CIT)	Reduce 90.68%	4,975,400	7.45
☰	LEN - Lennar Corp.	Reduce 99.45%	1,801,050	4.87
☰	DE - Deere & Co.	Sell 100.00%	2,635,300	9.09
☰	3570354Q - Centex Corp (CTX)	Sell 100.00%	2,972,200	8.17
☰	R - Ryder Systems Inc. (R)	Sell 100.00%	3,470,400	4.33
☰	GTIV - Gentiva Health Services (GTIV)	Sell 100.00%	2,063,744	2.10
☰	MCL-W - Moore Corp (MCL)	Sell 100.00%	4,385,000	1.08
☰	604016Q - Rollins Truck Leasing Corp (RLC)	Sell 100.00%	1,397,100	0.85
☰	AFS - Citigroup [C]	Sell 100.00%	98,017	0.38
☰	271804Q - Agribrands Intl (AGX)	Sell 100.00%	32,500	0.13
☰	3285Q - Chase Manhattan (CMB)	Sell 100.00%	21,800	0.08
☰	2749841Q - Putnam Managed High Yield (PTM)	Sell 100.00%	40,300	0.03
☰	CMD - Cantel Industries (CNTL)	Sell 100.00%	20,000	0.02
☰	KELYA - Kelly Serivces Inc. (KELYA)	Sell 100.00%	12,800	0.02
☰	PBOC - PBOC Holdings (PBOC)	Sell 100.00%	10,600	0.01
	Q4 2000
☰	AAGBP - Alcoa Inc (AA)	Add 226.20%	1,264,190	3.14
☰	8214761Q - Alcan Aluminum (AL)	Add 73.65%	114,300	0.29
☰	BGC - General Cable Corp (BGC)	Add 53.89%	115,000	0.04
☰	AFS - Citigroup [C]	Add 39.82%	27,917	0.11
☰	AAMRQ - AMR Corporation (AMR)	Add 35.64%	17,500	0.05
☰	BNI - Burlington Northern Santa Fe (BNI)	Add 33.22%	309,000	0.68
☰	GEL - Genesis Energy LP (GEL)	Add 32.94%	102,600	0.03
☰	CAT - Caterpillar Inc.	Add 32.52%	124,600	0.44
☰	DLI - Del Laboratories, Inc (DLI)	Add 28.57%	20,000	0.01
☰	MEOH - Methanex Corp.	Add 25.07%	780,614	0.37
☰	604016Q - Rollins Truck Leasing Corp (RLC)	Add 25.01%	279,500	0.17
☰	DE - Deere & Co.	Add 19.76%	434,900	1.50
☰	TSG - Sabre Holdings Corp (TSG)	Add 14.39%	5,713	0.02
☰	WY - Weyerhaeuser Co.	Add 13.45%	19,200	0.07
☰	OME - Omega Protein (OME)	Add 12.17%	29,300	0.00
☰	KWD - Kellwood Company (KWD)	Add 8.02%	45,200	0.07
☰	3285Q - Chase Manhattan (CMB)	Add 7.39%	1,500	0.01
☰	89236Q - CIT Group (CIT)	Add 5.75%	298,300	0.45
☰	SCS - Steelcase Inc. (SCS)	Add 5.61%	3,200	0.00
☰	2942331Q - Bear Stearns Companies (BSC)	Add 5.24%	1,100	0.00
☰	VRE - Mack-Cali Realty Corp (CLI)	Add 4.85%	38,200	0.08
☰	MAN - ManpowerGroup	Add 3.63%	48,900	0.14
☰	SNA - Snap-On Inc.	Add 3.19%	38,800	0.08
☰	R - Ryder Systems Inc. (R)	Add 3.09%	104,100	0.13
☰	3570354Q - Centex Corp (CTX)	Add 2.61%	75,500	0.21
☰	GTIV - Gentiva Health Services (GTIV)	Add 1.16%	23,750	0.02
☰	FDP - Fresh Del Monte (FDP)	Add 0.12%	500	0.00
☰	HNT - Health Net Inc. Com (HNT)	Buy	74,700	0.14
☰	F - Ford Motor (F)	Buy	35,150	0.07
☰	3437127Q - Millennium Pharmaceuticals (MLNM)	Buy	15,000	0.06
☰	2749841Q - Putnam Managed High Yield (PTM)	Buy	40,300	0.03
☰	2290040Q - Commonwealth Industries (CMIN)	Buy	40,000	0.02
☰	OLN - Olin Corp.	Buy	15,400	0.02
☰	SSCCQ - Smurfit Stone (sscc)	Buy	20,000	0.02
☰	HOEN - Hoenig Group (HOEN)	Buy	10,000	0.01
☰	GT - Goodyear Tire Rubber (GT)	Reduce 0.37%	5,300	0.01
☰	FNLYQ - Finlay Enterprises (FNLY)	Reduce 0.38%	800	0.00
☰	RYL - Ryland Group (RYL)	Reduce 0.50%	3,100	0.01
☰	IBM - International Business Machines Corp.	Reduce 0.51%	200	0.00
☰	3321267Q - Abitibi-Consolidated (ABY)	Reduce 0.78%	23,500	0.02
☰	838852Q - Heller Financial (HF)	Reduce 1.08%	19,500	0.05
☰	HIG - Hartford Financial Svc.Gp.	Reduce 1.12%	500	0.00
☰	HSE - HS Resources (HSE)	Reduce 1.52%	1,600	0.00
☰	PHD - Phelps Dodge (PD)	Reduce 1.77%	1,000	0.00
☰	MCL-W - Moore Corp (MCL)	Reduce 2.12%	95,000	0.02
☰	UNP - Union Pacific	Reduce 2.62%	10,000	0.03
☰	DALRQ - Delta Air Lines (DAL)	Reduce 3.69%	1,600	0.01
☰	LEN - Lennar Corp.	Reduce 4.48%	84,960	0.22
☰	PHM - PulteGroup Inc.	Reduce 4.94%	99,000	0.29
☰	TOY - Toys "R" Us Inc (TOY)	Reduce 5.73%	4,500	0.01
☰	FLTWQ - Fleetwood Enterprises (FLE)	Reduce 6.14%	22,500	0.03
☰	UNM - Unum Group	Reduce 6.15%	177,900	0.42
☰	SFG - StanCorp Financial Group (SFG)	Reduce 10.04%	148,500	0.55
☰	271804Q - Agribrands Intl (AGX)	Reduce 10.47%	3,800	0.01
☰	9489 - At&t (t)	Reduce 12.13%	6,176	0.02
☰	8222 - Limited (LTD)	Reduce 12.66%	3,900	0.01
☰	GD - General Dynamics	Reduce 15.56%	2,100	0.01
☰	EOP - Equity Office Properties (EOP)	Reduce 19.41%	8,976	0.03
☰	BWA - BorgWarner Inc.	Reduce 22.75%	9,100	0.03
☰	NAV - Navistar International (NAV)	Reduce 31.78%	54,350	0.15
☰	GATX - GATX Corp (GMT)	Reduce 39.76%	837,400	3.07
☰	2323070Q - General Motors (GM)	Reduce 53.95%	16,400	0.09
☰	PBOC - PBOC Holdings (PBOC)	Reduce 75.46%	32,600	0.02
☰	81814Q - Chiquita Brands (CQB)	Reduce 76.98%	505,000	0.14
☰	IP - International Paper (IP)	Reduce 94.92%	805,800	1.98
☰	59147Q - Washington Homes Inc. (WHI)	Sell 100.00%	150,000	0.13
☰	KLUCQ - Kaiser Aluminum (KLU)	Sell 100.00%	132,900	0.07
☰	1669Q - Seagate Technology, Inc. (SEG)	Sell 100.00%	10,500	0.06
☰	MS - Morgan Stanley	Sell 100.00%	5,700	0.05
☰	1396 - Georgia Pacific Group (GP)	Sell 100.00%	20,000	0.04
☰	IGT - Intl Game Technology (IGT)	Sell 100.00%	15,025	0.04
☰	BA - Boeing Co.	Sell 100.00%	5,000	0.03
	Q3 2000
☰	KWD - Kellwood Company (KWD)	Add 447.18%	460,600	0.74
☰	CAT - Caterpillar Inc.	Add 237.92%	269,800	0.73
☰	EOP - Equity Office Properties (EOP)	Add 71.23%	19,233	0.05
☰	8214761Q - Alcan Aluminum (AL)	Add 66.52%	62,000	0.16
☰	DE - Deere & Co.	Add 32.87%	544,300	1.55
☰	VRE - Mack-Cali Realty Corp (CLI)	Add 27.91%	171,800	0.42
☰	AAGBP - Alcoa Inc (AA)	Add 23.68%	107,000	0.23
☰	RYL - Ryland Group (RYL)	Add 17.31%	91,300	0.25
☰	BNI - Burlington Northern Santa Fe (BNI)	Add 16.74%	133,400	0.24
☰	PHD - Phelps Dodge (PD)	Add 11.86%	6,000	0.02
☰	IP - International Paper (IP)	Add 11.10%	84,800	0.21
☰	9489 - At&t (t)	Add 10.17%	4,700	0.01
☰	DHI - D.R. Horton	Add 9.00%	27,702	0.04
☰	AF - Astoria Financial Corp (ASFC)	Add 7.97%	5,500	0.02
☰	3285Q - Chase Manhattan (CMB)	Add 6.84%	1,300	0.01
☰	3570354Q - Centex Corp (CTX)	Add 5.69%	155,900	0.44
☰	NC - Nacco Industries (NC)	Add 5.48%	400	0.00
☰	CENX - Century Aluminum Co.	Add 4.54%	42,000	0.05
☰	UNP - Union Pacific	Add 4.25%	15,600	0.05
☰	SNA - Snap-On Inc.	Add 3.74%	43,900	0.09
☰	PHM - PulteGroup Inc.	Add 3.35%	65,000	0.19
☰	GT - Goodyear Tire Rubber (GT)	Add 2.58%	35,800	0.06
☰	UNM - Unum Group	Add 1.74%	49,500	0.12
☰	DALRQ - Delta Air Lines (DAL)	Add 1.40%	600	0.00
☰	R - Ryder Systems Inc. (R)	Add 1.02%	34,000	0.05
☰	89236Q - CIT Group (CIT)	Add 0.62%	32,200	0.05
☰	3321267Q - Abitibi-Consolidated (ABY)	Add 0.07%	2,000	0.00
☰	GTIV - Gentiva Health Services (GTIV)	Buy	2,039,994	2.27
☰	MCL-W - Moore Corp (MCL)	Buy	4,480,000	1.15
☰	604016Q - Rollins Truck Leasing Corp (RLC)	Buy	1,117,600	0.62
☰	59147Q - Washington Homes Inc. (WHI)	Buy	150,000	0.13
☰	TSG - Sabre Holdings Corp (TSG)	Buy	39,700	0.10
☰	PEHYY - Pechiney SA (PY)	Buy	12,500	0.02
☰	838852Q - Heller Financial (HF)	Reduce 0.04%	700	0.00
☰	GATX - GATX Corp (GMT)	Reduce 0.10%	2,200	0.01
☰	AAMRQ - AMR Corporation (AMR)	Reduce 0.61%	300	0.00
☰	3346Q - US Bancorp (USB)	Reduce 0.63%	300	0.00
☰	81814Q - Chiquita Brands (CQB)	Reduce 1.06%	7,000	0.00
☰	677004Q - Texaco (TX)	Reduce 1.08%	500	0.00
☰	HIG - Hartford Financial Svc.Gp.	Reduce 1.32%	600	0.00
☰	LEN - Lennar Corp.	Reduce 2.10%	40,692	0.09
☰	TOY - Toys"R" Us Inc (TOY)	Reduce 2.24%	1,800	0.00
☰	MAN - ManpowerGroup	Reduce 2.40%	33,100	0.11
☰	AFS - Associates First Capital (AFS)	Reduce 2.64%	1,900	0.00
☰	HSE - HS Resources (HSE)	Reduce 2.69%	2,900	0.01
☰	IBM - International Business Machines Corp.	Reduce 2.72%	1,100	0.01
☰	SFG - StanCorp Financial Group (SFG)	Reduce 3.07%	46,900	0.16
☰	605018Q - Charter One Financial (CF)	Reduce 3.41%	2,000	0.00
☰	271804Q - Agribrands Intl (AGX)	Reduce 3.46%	1,300	0.01
☰	1669Q - Seagate Technology, Inc. (SEG)	Reduce 4.55%	500	0.00
☰	GEL - Genesis Energy LP (GEL)	Reduce 8.65%	29,500	0.02
☰	MEOH - Methanex Corp.	Reduce 9.32%	320,000	0.12
☰	NAV - Navistar International (NAV)	Reduce 16.50%	33,800	0.11
☰	BWA - BorgWarner Inc.	Reduce 21.88%	11,200	0.04
☰	WY - Weyerhaeuser Co.	Reduce 24.97%	47,500	0.22
☰	IGT - Intl Game Technology (IGT)	Reduce 28.20%	5,900	0.02
☰	8222 - Limited (LTD)	Reduce 31.10%	13,900	0.03
☰	CMD - Cantel Industries (CNTL)	Reduce 33.33%	10,000	0.01
☰	2942331Q - Bear Stearns Companies (BSC)	Reduce 60.08%	31,600	0.14
☰	2323070Q - General Motors (GM)	Reduce 68.53%	66,200	0.40
☰	PTBTQ - Pope & Talbot (POP)	Reduce 82.30%	100,000	0.17
☰	BA - Boeing Co.	Reduce 97.81%	223,500	0.99
☰	SNSAY - Stolt Nielsen SA (STLBY)	Sell 100.00%	286,800	0.55
☰	IGL - IMC Global (IGL)	Sell 100.00%	338,500	0.47
☰	STQ - Steris Corp (STE)	Sell 100.00%	214,800	0.20
☰	AMFH - American Financial Holdings (AMFH)	Sell 100.00%	115,000	0.19
☰	VAR - Varian Medical Sys (VAR)	Sell 100.00%	36,300	0.15
☰	MCS - Marcus Corp (MCS)	Sell 100.00%	73,900	0.09
☰	IFF - International Flavors & Fragrances Inc.	Sell 100.00%	22,000	0.07
☰	2953349Q - Union Pacific Resources (UPR)	Sell 100.00%	26,000	0.06
☰	2749841Q - Putnam Managed High Yield (PTM)	Sell 100.00%	48,500	0.05
☰	231827Q - Primex Technologies (PRMX)	Sell 100.00%	9,900	0.02
☰	HOEN - Hoenig Group (HOEN)	Sell 100.00%	10,000	0.01
	Q2 2000
☰	IP - International Paper (IP)	Add 1,007.39%	695,100	2.19
☰	AF - Astoria Financial Corp (ASFC)	Add 345.16%	53,500	0.15
☰	CAT - Caterpillar Inc.	Add 278.00%	83,400	0.30
☰	AAGBP - Alcoa Inc (AA)	Add 219.95%	310,643	0.96
☰	NAV - Navistar International (NAV)	Add 212.67%	139,300	0.46
☰	8214761Q - Alcan Aluminum (AL)	Add 150.54%	56,000	0.19
☰	LEN - Lennar Corp.	Add 117.68%	1,047,002	2.25
☰	9489 - At&t (t)	Add 109.05%	24,100	0.08
☰	BA - Boeing Co.	Add 100.44%	114,500	0.51
☰	GEL - Genesis Energy LP (GEL)	Add 75.95%	147,200	0.11
☰	OME - Omega Protein (OME)	Add 68.32%	97,700	0.02
☰	DLI - Del Laboratories, Inc (DLI)	Add 52.51%	24,100	0.03
☰	RYL - Ryland Group (RYL)	Add 38.62%	146,900	0.35
☰	FLTWQ - Fleetwood Enterprises (FLE)	Add 35.72%	96,400	0.14
☰	WY - Weyerhaeuser Co.	Add 33.01%	47,200	0.22
☰	DE - Deere & Co.	Add 31.13%	393,200	1.54
☰	MEOH - Methanex Corp.	Add 28.18%	755,000	0.27
☰	GT - Goodyear Tire Rubber (GT)	Add 26.51%	290,300	0.62
☰	SNA - Snap-On Inc.	Add 17.03%	170,800	0.48
☰	PHM - PulteGroup Inc.	Add 16.32%	271,800	0.62
☰	NC - Nacco Industries (NC)	Add 10.61%	700	0.00
☰	CENX - Century Aluminum Co.	Add 10.37%	87,000	0.10
☰	89236Q - CIT Group (CIT)	Add 9.44%	444,800	0.77
☰	UNM - Unum Group	Add 7.14%	189,700	0.40
☰	AAMRQ - AMR Corporation (AMR)	Add 6.01%	2,800	0.01
☰	FDP - Fresh Del Monte (FDP)	Add 4.47%	18,500	0.01
☰	GD - General Dynamics	Add 3.85%	500	0.00
☰	3570354Q - Centex Corp (CTX)	Add 3.71%	98,100	0.24
☰	838852Q - Heller Financial (HF)	Add 2.85%	49,800	0.11
☰	GATX - GATX Corp (GMT)	Add 2.15%	44,400	0.16
☰	3346Q - US Bancorp (USB)	Add 1.92%	900	0.00
☰	R - Ryder Systems Inc. (R)	Add 1.89%	61,800	0.12
☰	AMFH - American Financial Holdings (AMFH)	Add 1.77%	2,000	0.00
☰	TOY - Toys"R" Us Inc (TOY)	Add 1.52%	1,200	0.00
☰	3321267Q - Abitibi-Consolidated (ABY)	Add 1.35%	40,000	0.04
☰	DALRQ - Delta Air Lines (DAL)	Add 0.94%	400	0.00
☰	677004Q - Texaco (TX)	Add 0.87%	400	0.00
☰	SFG - StanCorp Financial Group (SFG)	Add 0.43%	6,500	0.02
☰	VRE - Mack-Cali Realty Corp (CLI)	Add 0.16%	1,000	0.00
☰	BNI - Burlington Northern (BNI)	Buy	796,900	1.96
☰	UNP - Union Pacific	Buy	366,800	1.45
☰	DHI - D.R. Horton	Buy	307,800	0.44
☰	KWD - Kellwood Company (KWD)	Buy	103,000	0.23
☰	PHD - Phelps Dodge (PD)	Buy	50,600	0.20
☰	1396 - Georgia Pacific Group (GP)	Buy	20,000	0.06
☰	IBM - International Business Machines Corp.	Reduce 0.25%	100	0.00
☰	2942331Q - Bear Stearns Companies (BSC)	Reduce 0.57%	300	0.00
☰	HIG - Hartford Financial Svc.Gp.	Reduce 0.66%	300	0.00
☰	605018Q - Charter One Financial (CF)	Reduce 1.01%	600	0.00
☰	MAN - ManpowerGroup	Reduce 1.36%	19,000	0.06
☰	IGL - IMC Global (IGL)	Reduce 1.46%	5,000	0.01
☰	3285Q - Chase Manhattan (CMB)	Reduce 2.06%	400	0.00
☰	BWA - BorgWarner Inc.	Reduce 2.85%	1,500	0.01
☰	SNSAY - Stolt Nielsen SA (STLBY)	Reduce 3.04%	9,000	0.02
☰	APF - Morgan Stanley Asia Pac (APF)	Reduce 3.83%	17,500	0.02
☰	IFF - International Flavors & Fragrances Inc.	Reduce 7.95%	1,900	0.01
☰	MS - Morgan Stanley	Reduce 12.31%	800	0.01
☰	HSE - HS Resources (HSE)	Reduce 12.97%	16,100	0.03
☰	1669Q - Seagate Technology, Inc. (SEG)	Reduce 14.73%	1,900	0.01
☰	8222 - Limited (LTD)	Reduce 21.44%	12,200	0.05
☰	271804Q - Agribrands Intl (AGX)	Reduce 21.67%	10,400	0.04
☰	SCS - Steelcase Inc. (SCS)	Reduce 42.77%	42,600	0.05
☰	PBOC - PBOC Holdings (PBOC)	Reduce 52.42%	47,600	0.04
☰	2323070Q - General Motors (GM)	Reduce 70.21%	227,700	1.75
☰	AFS - Associates First Capital (AFS)	Reduce 81.30%	313,000	0.62
☰	VAR - Varian Medical Sys (VAR)	Reduce 90.41%	342,200	1.45
☰	USI-W - U S Industries (USI)	Reduce 98.91%	3,625,000	12.77
☰	UH - US Home (UH)	Sell 100.00%	1,158,950	4.08
☰	675482Q - Reynolds Metals (RLM)	Sell 100.00%	137,200	0.85
☰	DD - DuPont de Nemours Inc.	Sell 100.00%	69,000	0.34
☰	UMGI - MediaOne Group (UMG)	Sell 100.00%	38,600	0.29
☰	GOU - Gulf Canada (GOU)	Sell 100.00%	668,500	0.23
☰	VARI - Varian Inc (VARI)	Sell 100.00%	45,300	0.16
☰	DGX - Quest Diagnostics	Sell 100.00%	41,600	0.15
☰	3493Q - Cornerstone Properties (CPP)	Sell 100.00%	68,600	0.11
☰	3437127Q - Millennium Pharmaceuticals (MLNM)	Sell 100.00%	15,000	0.09
☰	2727195Q - Household International Inc (HI)	Sell 100.00%	20,000	0.07
☰	590596Q - St. Laurent Paperboard (SLW)	Sell 100.00%	40,000	0.07
☰	ATI - Allegheny Technologies Inc.	Sell 100.00%	38,800	0.07
☰	604016Q - Rollins Truck Leasing Corp (RLC)	Sell 100.00%	80,000	0.06
☰	EOTPQ - Energy Partners LP (EOT)	Sell 100.00%	35,000	0.05
☰	TSN - Tyson Foods	Sell 100.00%	43,970	0.05
☰	EXDTQ - Exide Corporation (EX)	Sell 100.00%	22,000	0.02
☰	HMN - Horace Mann Educators (HMN)	Sell 100.00%	9,400	0.02
☰	231111Q - The Sports Authority (TSA)	Sell 100.00%	15,125	0.00
	Q1 2000
☰	USI-W - U S Industries (USI)	Add 9,062.50%	3,625,000	12.77
☰	BA - Boeing Co.	Add 612.50%	98,000	0.34
☰	AFS - Associates First Capital (AFS)	Add 526.02%	323,500	0.64
☰	FLTWQ - Fleetwood Enterprises (FLE)	Add 418.04%	217,800	0.30
☰	RYL - Ryland Group (RYL)	Add 291.47%	283,227	0.49
☰	AMFH - American Financial Holdings (AMFH)	Add 270.49%	82,500	0.09
☰	KLUCQ - Kaiser Aluminum (KLU)	Add 141.64%	77,900	0.04
☰	UNM - Unum Group	Add 140.94%	1,553,400	2.44
☰	605018Q - Charter One Financial (CF)	Add 113.31%	31,500	0.06
☰	SCS - Steelcase Inc. (SCS)	Add 98.01%	49,300	0.05
☰	IFF - International Flavors & Fragrances Inc.	Add 54.19%	8,400	0.03
☰	8214761Q - Alcan Aluminum (AL)	Add 35.27%	9,700	0.03
☰	KELYA - Kelly Serivces Inc. (KELYA)	Add 34.74%	3,300	0.01
☰	GT - Goodyear Tire Rubber (GT)	Add 27.17%	233,900	0.51
☰	89236Q - CIT Group (CIT)	Add 20.46%	800,102	1.45
☰	838852Q - Heller Financial (HF)	Add 19.19%	281,800	0.60
☰	VRE - Mack-Cali Realty Corp (CLI)	Add 15.83%	84,000	0.20
☰	DE - Deere & Co.	Add 14.17%	156,783	0.55
☰	PHM - PulteGroup Inc.	Add 12.86%	189,800	0.37
☰	SFG - StanCorp Financial Group (SFG)	Add 12.29%	166,300	0.42
☰	3570354Q - Centex Corp (CTX)	Add 11.01%	262,200	0.58
☰	SNA - Snap-On Inc.	Add 8.43%	78,005	0.19
☰	675482Q - Reynolds Metals (RLM)	Add 5.30%	6,900	0.04
☰	GEL - Genesis Energy LP (GEL)	Add 2.11%	4,000	0.00
☰	WY - Weyerhaeuser Co.	Buy	143,000	0.76
☰	SNSAY - Stolt Nielsen SA (STLBY)	Buy	295,800	0.51
☰	IGL - IMC Global (IGL)	Buy	343,500	0.47
☰	DD - DuPont de Nemours Inc.	Buy	69,000	0.34
☰	IP - International Paper (IP)	Buy	69,000	0.27
☰	TOY - Toys"R" Us Inc (TOY)	Buy	79,100	0.11
☰	3346Q - US Bancorp (USB)	Buy	46,800	0.09
☰	3437127Q - Millennium Pharmaceuticals (MLNM)	Buy	15,000	0.09
☰	1669Q - Seagate Technology, Inc. (SEG)	Buy	12,900	0.07
☰	2727195Q - Household International Inc (HI)	Buy	20,000	0.07
☰	604016Q - Rollins Truck Leasing Corp (RLC)	Buy	80,000	0.06
☰	GD - General Dynamics	Buy	13,000	0.06
☰	2749841Q - Putnam Managed High Yield (PTM)	Buy	48,500	0.04
☰	AF - Astoria Financial Corp (ASFC)	Buy	15,500	0.04
☰	DLI - Del Laboratories, Inc (DLI)	Buy	45,900	0.04
☰	HOEN - Hoenig Group (HOEN)	Buy	10,000	0.01
☰	GATX - GATX Corp (GMT)	Reduce 1.75%	36,694	0.12
☰	R - Ryder Systems Inc. (R)	Reduce 1.86%	62,100	0.14
☰	LEN - Lennar Corp.	Reduce 1.93%	17,500	0.03
☰	3321267Q - Abitibi-Consolidated (ABY)	Reduce 2.39%	72,786	0.08
☰	81814Q - Chiquita Brands (CQB)	Reduce 2.57%	17,500	0.01
☰	CENX - Century Aluminum Co.	Reduce 2.61%	22,500	0.03
☰	MAN - ManpowerGroup	Reduce 3.64%	52,874	0.19
☰	NAV - Navistar International (NAV)	Reduce 6.16%	4,300	0.02
☰	DALRQ - Delta Air Lines (DAL)	Reduce 6.19%	2,800	0.01
☰	BWA - BorgWarner Inc.	Reduce 6.23%	3,500	0.01
☰	APF - MSDW Asia Pacific Fund (APF)	Reduce 7.11%	35,000	0.04
☰	PTBTQ - Pope & Talbot (POP)	Reduce 7.60%	10,000	0.02
☰	UH - US Home (UH)	Reduce 8.56%	108,495	0.30
☰	2942331Q - Bear Stearns Companies (BSC)	Reduce 9.26%	5,400	0.02
☰	HIG - Hartford Financial Svc.Gp.	Reduce 10.41%	5,300	0.02
☰	3285Q - Chase Manhattan Corp (CMB)	Reduce 11.01%	2,400	0.02
☰	8222 - Limited (LTD)	Reduce 11.65%	7,500	0.03
☰	9489 - At&t (t)	Reduce 11.95%	3,000	0.01
☰	IBM - International Business Machines Corp.	Reduce 13.65%	6,400	0.07
☰	HSE - HS Resources (HSE)	Reduce 14.30%	20,700	0.03
☰	UMGI - MediaOne Group (UMG)	Reduce 18.57%	8,800	0.06
☰	677004Q - Texaco (TX)	Reduce 18.73%	10,600	0.05
☰	PBOC - PBOC Holdings (PBOC)	Reduce 22.26%	26,000	0.02
☰	TSN - Tyson Foods	Reduce 23.33%	13,380	0.02
☰	271804Q - Agribrands Intl (AGX)	Reduce 28.04%	18,700	0.08
☰	231827Q - Primex Technologies (PRMX)	Reduce 28.78%	4,000	0.01
☰	AAGBP - Alcoa Inc. (AA)	Reduce 30.28%	61,340	0.48
☰	3493Q - Cornerstone Properties (CPP)	Reduce 30.99%	30,800	0.04
☰	NC - Nacco Industries (NC)	Reduce 31.25%	3,000	0.02
☰	AAMRQ - AMR Corporation (AMR)	Reduce 35.10%	25,200	0.16
☰	231111Q - The Sports Authority (TSA)	Reduce 41.21%	10,600	0.00
☰	DGX - Quest Diagnostics	Reduce 44.39%	33,200	0.10
☰	MS - Morgan Stanley	Reduce 52.90%	7,300	0.10
☰	BGC - BICC General (BGC)	Reduce 53.96%	250,100	0.18
☰	VAR - Varian Medical Sys (VAR)	Reduce 56.86%	498,798	1.41
☰	IGT - Intl Game Technology (IGT)	Reduce 58.97%	30,075	0.06
☰	2323070Q - General Motors (GM)	Reduce 71.64%	819,147	5.65
☰	HMN - Horace Mann Educators (HMN)	Reduce 74.25%	27,100	0.05
☰	EXDTQ - Exide Corporation (EX)	Reduce 78.11%	78,500	0.06
☰	VARI - Varian Inc (VARI)	Reduce 82.45%	212,798	0.45
☰	590596Q - St. Laurent Paperboard (SLW)	Reduce 97.53%	1,577,700	1.96
☰	OLS - Olsten Corp (OLS) ................	Sell 100.00%	3,722,500	4.21
☰	MCL-W - Moore Corp (MCL) .................	Sell 100.00%	4,009,489	2.30
☰	SRM - SensorMatic Electronics (SRM) ....	Sell 100.00%	550,100	0.91
☰	VSEA - Varian Semiconductor (VSEA) ......	Sell 100.00%	208,098	0.67
☰	1320Z - Stolt Nielson SA (STLTF) .........	Sell 100.00%	491,834	0.66
☰	VTX - Vertex Communications Corp (VTX) .	Sell 100.00%	85,100	0.17
☰	BOW - Bowater Inc (BOW) ................	Sell 100.00%	30,000	0.15
☰	YRK - York Intl (YRK) ..................	Sell 100.00%	48,400	0.13
☰	FHI - Federated Investors (FII) ........	Sell 100.00%	10,000	0.02
☰	DPHIQ - Delphi Automotive Systems (DPH) ..	Sell 100.00%	3,356	0.01
☰	JTF - JetForm Corp (FORM) ..............	Sell 100.00%	20,000	0.01
	Q4 1999
☰	GT - Goodyear Tire Rubber (GT) ........	Add 227.35%	597,981	1.59
☰	3570354Q - Centex Corp (CTX) ................	Add 159.34%	1,462,600	3.42
☰	BGC - BICC General (BGC) ...............	Add 149.73%	277,900	0.20
☰	VRE - Mack-Cali Realty Corp (CLI) ......	Add 148.18%	316,800	0.78
☰	8214761Q - Alcan Aluminum (AL) ..............	Add 120.00%	15,000	0.06
☰	89236Q - CIT Group (CIT) ..................	Add 59.03%	1,451,800	2.91
☰	GEL - Genesis Energy LP (GEL) ..........	Add 42.71%	56,800	0.04
☰	NAV - Navistar International (NAV) .....	Add 34.49%	17,900	0.08
☰	2942331Q - Bear Stearns Companies (BSC) .....	Add 32.20%	14,200	0.06
☰	PHM - PulteGroup Inc.	Add 30.62%	346,000	0.74
☰	UNM - Unum Group	Add 24.18%	214,600	0.65
☰	838852Q - Heller Financial (HF) ............	Add 22.76%	272,300	0.52
☰	R - Ryder Systems Inc. (R) ...........	Add 21.81%	596,800	1.38
☰	OLS - Olsten Corp (OLS) ................	Add 21.20%	651,200	0.74
☰	IFF - International Flavors & Fragrances Inc.	Add 19.23%	2,500	0.01
☰	675482Q - Reynolds Metals (RLM) ............	Add 19.00%	20,800	0.15
☰	DALRQ - Delta Air Lines (DAL) ............	Add 13.57%	5,400	0.03
☰	FDP - Fresh Del Monte (FDP) ............	Add 7.95%	30,500	0.03
☰	UH - US Home (UH) .....................	Add 3.55%	43,500	0.12
☰	3285Q - Chase Manhattan (CMB) ............	Add 3.32%	700	0.01
☰	3321267Q - Abitibi-Consolidated (ABY) .......	Add 2.46%	73,000	0.08
☰	81814Q - Chiquita Brands (CQB) ............	Add 2.41%	16,000	0.01
☰	9489 - At&t (t) .........................	Add 2.03%	500	0.00
☰	CENX - Century Aluminum Co.	Add 1.59%	13,500	0.02
☰	GATX - GATX Corp (GMT) ..................	Add 1.29%	26,700	0.09
☰	3493Q - Cornerstone Properties (CPP) .....	Add 1.12%	1,100	0.00
☰	2323070Q - General Motors (GM) ..............	Add 1.00%	11,300	0.08
☰	MCL-W - Moore Corp (MCL) .................	Add 0.70%	27,800	0.02
☰	BWA - BorgWarner Inc.	Add 0.36%	200	0.00
☰	DE - Deere & Co.	Add 0.18%	2,000	0.01
☰	VAR - Varian Medical Sys (VAR) .........	Add 0.05%	400	0.00
☰	SFG - StanCorp Financial Group (SFG) ...	Buy	1,353,200	3.23
☰	LEN - Lennar Corp.	Buy	907,200	1.40
☰	HIG - Hartford Financial Svc.Gp.	Buy	50,910	0.23
☰	STQ - Steris Corp (STE) ................	Buy	214,800	0.21
☰	AFS - Associates First Capital (AFS) ...	Buy	61,500	0.16
☰	BOW - Bowater Inc (BOW) ................	Buy	30,000	0.15
☰	CAT - Caterpillar Inc.	Buy	30,000	0.13
☰	ATI - Allegheny Technologies Inc.	Buy	38,800	0.08
☰	EOP - Equity Office Properties (EOP) ...	Buy	27,000	0.06
☰	605018Q - Charter One Financial (CF) .......	Buy	27,800	0.05
☰	NC - Nacco Industries (NC) ............	Buy	9,600	0.05
☰	AMFH - American Financial Holdings (AMFH)	Buy	30,500	0.04
☰	KLUCQ - Kaiser Aluminum (KLU) ............	Buy	55,000	0.04
☰	OME - Omega Protein (OME) ..............	Buy	143,000	0.04
☰	DPHIQ - Delphi Automotive Systems (DPH) ..	Buy	3,356	0.01
☰	MEOH - Methanex Corp.	Reduce 0.28%	7,500	0.00
☰	SNA - Snap-On Inc.	Reduce 1.78%	16,800	0.06
☰	677004Q - Texaco (TX) ......................	Reduce 2.92%	1,700	0.01
☰	MS - Morgan Stanley	Reduce 3.50%	500	0.01
☰	1320Z - Stolt Nielson SA (STLTF) .........	Reduce 3.79%	19,400	0.03
☰	VTX - Vertex Communications Corp (VTX) .	Reduce 3.84%	3,400	0.00
☰	AAGBP - Alcoa Inc (AA) ...................	Reduce 4.42%	9,360	0.07
☰	8222 - Limited (LTD) ....................	Reduce 6.12%	4,200	0.02
☰	PBOC - PBOC Holdings (PBOC) .............	Reduce 6.41%	8,000	0.01
☰	RYL - Ryland Group (RYL) ...............	Reduce 6.54%	6,800	0.02
☰	HSE - HS Resources (HSE) ...............	Reduce 6.70%	10,400	0.02
☰	EXDTQ - Exide Corporation (EX) ...........	Reduce 7.80%	8,500	0.01
☰	MAN - ManpowerGroup	Reduce 9.99%	161,000	0.54
☰	IBM - International Business Machines Corp.	Reduce 10.33%	5,400	0.07
☰	271804Q - Agribrands Intl (AGX) ............	Reduce 12.12%	9,200	0.05
☰	FNLYQ - Finlay Enterprises (FNLY) ........	Reduce 12.87%	31,200	0.05
☰	YRK - York Intl (YRK) ..................	Reduce 14.79%	8,400	0.03
☰	TSN - Tyson Foods	Reduce 15.33%	10,380	0.02
☰	UMGI - MediaOne Group (UMG) .............	Reduce 20.87%	12,500	0.10
☰	DGX - Quest Diagnostics	Reduce 25.20%	25,200	0.08
☰	MCS - Marcus Corp (MCS) ................	Reduce 33.42%	37,100	0.05
☰	HMN - Horace Mann Educators (HMN) ......	Reduce 41.97%	26,400	0.08
☰	IGT - Intl Game Technology (IGT) .......	Reduce 43.14%	38,700	0.08
☰	AAMRQ - AMR Corporation (AMR) ............	Reduce 48.97%	68,900	0.43
☰	SRM - SensorMatic Electronics (SRM) ....	Reduce 56.58%	716,900	1.04
☰	GOU - Gulf Canada (GOU) ................	Reduce 58.47%	941,300	0.45
☰	231111Q - The Sports Authority (TSA) .......	Reduce 74.07%	73,475	0.03
☰	SMSC - StanCorp Financial Group	Sell 100.00%	1,348,800	3.45
☰	ADAPQ - Adaptive Broadband Corp	Sell 100.00%	309,000	1.18
☰	1401351D - Foundation Health	Sell 100.00%	126,100	0.14
☰	2951 - Philip Morris Cos Inc	Sell 100.00%	27,800	0.11
☰	GIBG - Gibson Greetings Inc	Sell 100.00%	96,650	0.06
☰	0836Q - Leukosite Inc	Sell 100.00%	15,000	0.03
☰	IBCIQ - Interstate Bakeries	Sell 100.00%	12,500	0.03
☰	SNSAY - Stolt-Nielsen S.A	Sell 100.00%	13,700	0.03
☰	CPU - Comp USA	Sell 100.00%	22,250	0.02
☰	BRLGQ - Burlington Industries	Sell 100.00%	17,300	0.01
☰	HOEN - Hoenig Group	Sell 100.00%	10,000	0.01
	Q3 1999
☰	OLS - Olsten Corporation	Add 1,710.91%	2,901,700	3.46
☰	MCL-W - Moore Corp Ltd	Add 1,492.68%	3,731,689	4.26
☰	838852Q - Heller Financial Inc	Add 868.66%	1,072,800	2.75
☰	R - Ryder Systems Inc	Add 442.49%	2,231,500	5.20
☰	89236Q - CIT Group	Add 147.34%	1,465,000	3.44
☰	SMSC - StanCorp Financial Group	Add 65.52%	533,900	1.37
☰	PHM - PulteGroup Inc.	Add 33.24%	281,900	0.70
☰	UH - U.S. Home Corp	Add 28.06%	268,195	0.85
☰	VRE - Mack-Cali Realty	Add 11.94%	22,800	0.07
☰	NAV - Navistar International Corp	Add 11.85%	5,500	0.03
☰	677004Q - Texaco Inc	Add 5.05%	2,800	0.02
☰	MAN - ManpowerGroup	Add 4.10%	63,500	0.21
☰	AAMRQ - AMR Corp	Add 3.76%	5,100	0.03
☰	GEL - Genesis Energy	Add 2.70%	3,500	0.01
☰	CENX - Century Aluminum Co.	Add 2.13%	17,700	0.02
☰	GATX - GATX Corp	Add 0.73%	15,000	0.05
☰	3570354Q - Centex Corp	Buy	917,900	3.10
☰	UNM - Unum Group	Buy	887,600	2.98
☰	VTX - Vertex Communications	Buy	88,500	0.11
☰	0836Q - Leukosite Inc	Buy	15,000	0.03
☰	IBCIQ - Interstate Bakeries	Buy	12,500	0.03
☰	3321267Q - Abitibi-Consolidated	Reduce 0.32%	9,500	0.01
☰	3285Q - Chase Manhattan	Reduce 0.94%	200	0.00
☰	HMN - Horace Mann Educators	Reduce 1.87%	1,200	0.00
☰	HSE - HS Resources Inc	Reduce 1.96%	3,100	0.01
☰	IGT - International Game Technology	Reduce 3.24%	3,000	0.01
☰	VAR - Varian Medical Systems Inc	Reduce 3.32%	30,100	0.08
☰	SNA - Snap-On Inc.	Reduce 3.50%	34,200	0.14
☰	271804Q - Agribrands International	Reduce 4.53%	3,600	0.02
☰	8222 - The Limited	Reduce 6.03%	4,400	0.02
☰	2323070Q - General Motors Corp	Reduce 6.30%	76,100	0.56
☰	GT - Goodyear Tire & Rubber Co	Reduce 7.39%	21,000	0.14
☰	MEOH - Methanex Corp.	Reduce 7.54%	219,000	0.09
☰	2951 - Philip Morris Cos Inc	Reduce 8.25%	2,500	0.01
☰	1320Z - Stolt-Nielsen S.A	Reduce 9.31%	52,500	0.09
☰	MS - Morgan Stanley	Reduce 12.27%	2,000	0.02
☰	IBM - International Business Machines Corp.	Reduce 12.74%	7,630	0.11
☰	YRK - York International	Reduce 13.28%	8,700	0.04
☰	DGX - Quest Diagnostics	Reduce 14.31%	16,700	0.05
☰	GIBG - Gibson Greetings Inc	Reduce 16.54%	19,150	0.01
☰	CPU - Comp USA	Reduce 16.67%	4,450	0.00
☰	UMGI - MediaOne Group	Reduce 16.81%	12,100	0.10
☰	SRM - Sensormatic Electronics Corp	Reduce 21.54%	347,800	0.54
☰	VSEA - Varian Semiconductor Equipment	Reduce 26.78%	76,100	0.14
☰	DE - Deere & Co.	Reduce 29.95%	472,100	2.08
☰	RYL - Ryland Group Inc	Reduce 30.44%	45,500	0.15
☰	VARI - Varian Inc	Reduce 46.18%	221,500	0.34
☰	AAGBP - Aluminum Company of America	Reduce 52.57%	234,935	1.64
☰	231111Q - The Sports Authority	Reduce 57.19%	132,500	0.07
☰	ADAPQ - Adaptive Broadband Corp	Reduce 59.36%	451,400	1.11
☰	GOU - Gulf Canada Resources	Reduce 75.07%	4,848,065	2.28
☰	BRLGQ - Burlington Industries	Reduce 86.31%	109,100	0.11
☰	BA - Boeing Co.	Reduce 90.26%	148,200	0.73
☰	SNSAY - Stolt-Nielsen S.A	Reduce 92.46%	168,000	0.32
☰	675482Q - Reynolds Metals	Reduce 92.94%	1,442,477	9.57
☰	8214761Q - Alcan Aluminum LTD	Reduce 97.66%	522,700	1.88
☰	CAT - Caterpillar Inc.	Sell 100.00%	128,000	0.86
☰	ARW - Arrow Electronics	Sell 100.00%	125,000	0.27
☰	HRB - H&R Block Inc.	Sell 100.00%	47,300	0.27
☰	AVID - Avid Technology	Sell 100.00%	88,300	0.16
☰	DPHIQ - Delphi Automotive Systems	Sell 100.00%	63,014	0.13
☰	LFB - Longview Fibre	Sell 100.00%	47,000	0.08
☰	ITN - Intertan Inc	Sell 100.00%	21,000	0.05
☰	MRSH - Marsh	Sell 100.00%	6,000	0.05
☰	TOY - Toys "R" Us Inc	Sell 100.00%	20,000	0.05
☰	WACGQ - Warnaco Group Inc.	Sell 100.00%	17,300	0.05
☰	AIK - Ameron International Corp	Sell 100.00%	7,500	0.04
☰	POG - Patina Oil & Gas	Sell 100.00%	60,000	0.04
	Q2 1999
☰	GOU - Gulf Canada Resources	Add 49,675,784.62%	6,457,852	3.04
☰	2323070Q - General Motors Corp	Add 24,164,840.00%	1,208,242	8.97
☰	DE - Deere & Co.	Add 15,762,070.00%	1,576,207	6.95
☰	FNLYQ - Finlay Enterprises Inc	Add 8,083,233.33%	242,497	0.36
☰	MEOH - Methanex Corp.	Add 5,811,072.00%	2,905,536	1.23
☰	590596Q - St. Laurent Paperboard	Add 3,052,164.15%	1,617,647	2.31
☰	SRM - Sensormatic Electronics Corp	Add 2,691,233.33%	1,614,740	2.53
☰	GATX - GATX Corp	Add 2,673,723.38%	2,058,767	8.81
☰	675482Q - Reynolds Metals	Add 2,155,423.61%	1,551,905	10.30
☰	CAT - Caterpillar Inc.	Add 2,133,233.33%	127,994	0.86
☰	3321267Q - Abitibi- Consolidated	Add 2,068,154.17%	2,978,142	3.81
☰	8214761Q - Alcan Aluminum LTD	Add 2,058,361.54%	535,174	1.92
☰	IBM - International Business Machines Corp.	Add 1,996,566.67%	59,897	0.87
☰	UH - U.S. Home Corp	Add 1,647,744.83%	955,692	3.82
☰	SMSC - StanCorp Financial Group	Add 1,629,700.00%	814,850	2.72
☰	SNA - Snap-On Inc.	Add 1,220,143.75%	976,115	3.97
☰	81814Q - Chiquita Brands	Add 1,126,171.19%	664,441	0.67
☰	MAN - ManpowerGroup	Add 992,383.33%	1,548,118	3.94
☰	CENX - Century Aluminum Co.	Add 882,985.11%	830,006	0.58
☰	APF - Asia Pacific Morgan Stanley	Add 820,233.33%	492,140	0.53
☰	89236Q - CIT Group	Add 770,673.64%	994,169	3.23
☰	8222 - The Limited	Add 729,900.00%	72,990	0.37
☰	1320Z - Stolt-Nielsen S.A.	Add 687,380.49%	563,652	0.97
☰	BRLGQ - Burlington Industries	Add 665,163.16%	126,381	0.13
☰	PBOC - PBOC Holdings Inc	Add 623,900.00%	124,780	0.14
☰	VAR - Varian Medical Systems Inc	Add 546,284.34%	906,832	2.27
☰	OLS - Olsten Corporation	Add 471,011.11%	169,564	0.12
☰	PTBTQ - Pope & Talbot Inc	Add 424,093.55%	131,469	0.18
☰	1409Q - NAB Asset Corp	Add 422,087.50%	405,204	0.04
☰	GT - Goodyear Tire & Rubber Co	Add 411,521.74%	283,950	1.88
☰	AAGBP - Aluminum Company of America	Add 406,145.45%	446,760	3.11
☰	SNSAY - Stolt-Nielsen S.A.	Add 386,495.74%	181,653	0.35
☰	UMGI - MediaOne Group	Add 378,847.37%	71,981	0.60
☰	677004Q - Texaco Inc	Add 369,900.00%	55,485	0.39
☰	AVID - Avid Technology	Add 304,382.76%	88,271	0.16
☰	TSN - Tyson Foods	Add 294,378.26%	67,707	0.17
☰	FDP - Fresh Del Monte	Add 268,221.68%	383,557	0.61
☰	GEL - Genesis Energy	Add 258,900.00%	129,450	0.22
☰	BGC - General Cable Corp	Add 206,122.22%	185,510	0.33
☰	WACGQ - Warnaco Group Inc.	Add 192,122.22%	17,291	0.05
☰	LFB - Longview Fibre	Add 187,900.00%	46,975	0.08
☰	BWA - BorgWarner Inc.	Add 180,545.16%	55,969	0.35
☰	EXDTQ - Exide Corporation	Add 172,915.87%	108,937	0.18
☰	2951 - Philip Morris Cos In	Add 168,233.33%	30,282	0.14
☰	MCL-W - Moore Corp Ltd	Add 162,237.66%	249,846	0.24
☰	3493Q - Cornerstone Properties	Add 155,931.75%	98,237	0.18
☰	1401351D - Foundation Health	Add 155,579.01%	126,019	0.21
☰	RYL - Ryland Group Inc	Add 152,423.47%	149,375	0.50
☰	ITN - Intertan Inc	Add 139,900.00%	20,985	0.05
☰	NAV - Navistar International Corp	Add 132,471.43%	46,365	0.26
☰	DGX - Quest Diagnostics	Add 125,383.87%	116,607	0.36
☰	YRK - York International	Add 110,916.95%	65,441	0.32
☰	IGT - International Game Technology	Add 101,768.13%	92,609	0.19
☰	HRB - H&R Block Inc.	Add 98,441.67%	47,252	0.27
☰	271804Q - Agribrands International	Add 80,203.03%	79,401	0.35
☰	EOTPQ - EOT Energy Partners	Add 46,566.67%	34,925	0.07
☰	IFF - International Flavors & Fragrances Inc.	Add 35,035.14%	12,963	0.06
☰	CPU - Comp USA	Add 33,275.00%	26,620	0.02
☰	231827Q - Primex Technologies	Add 32,225.58%	13,857	0.03
☰	JTF - Jetform Corp	Add 23,709.52%	19,916	0.01
☰	MS - Morgan Stanley	Add 17,240.43%	16,206	0.19
☰	HOEN - Hoenig Group	Add 13,233.33%	9,925	0.01
☰	MRSH - Marsh	Add 11,900.00%	5,950	0.05
☰	AIK - Ameron International Corp	Add 7,794.74%	7,405	0.04
☰	PHM - PulteGroup Inc.	Buy	848,000	2.20
☰	ADAPQ - Adaptive Broadband Corp	Buy	760,400	1.87
☰	R - Ryder Systems Inc	Buy	504,300	1.46
☰	AAMRQ - AMR Corp	Buy	135,600	1.04
☰	BA - Boeing Co.	Buy	164,200	0.81
☰	VARI - Varian Inc	Buy	479,598	0.73
☰	VRE - Mack-Cali Realty	Buy	191,000	0.66
☰	VSEA - Varian Semiconductor Equipment	Buy	284,198	0.54
☰	838852Q - Heller Financial Inc	Buy	123,500	0.39
☰	ARW - Arrow Electronics	Buy	125,000	0.27
☰	DALRQ - Delta Air Lines	Buy	39,800	0.26
☰	HSE - HS Resources Inc	Buy	158,300	0.26
☰	2942331Q - Bear Stearns Companies Inc	Buy	44,100	0.23
☰	3285Q - Chase Manhattan	Buy	21,300	0.21
☰	HMN - Horace Mann Educators	Buy	64,100	0.20
☰	9489 - AT&T Corp	Buy	24,600	0.15
☰	FLTWQ - Fleetwood Enterprises	Buy	52,100	0.15
☰	MCS - Marcus Corp	Buy	111,000	0.15
☰	DPHIQ - Delphi Automotive Systems	Buy	63,014	0.13
☰	231111Q - The Sports Authority	Buy	231,700	0.12
☰	SCS - Steelcase Inc	Buy	50,300	0.11
☰	GIBG - Gibson Greetings Inc	Buy	115,800	0.08
☰	USI-W - U.S. Industries	Buy	40,000	0.08
☰	2953349Q - Union Pacific Resources	Buy	26,000	0.05
☰	TOY - Toys "R" Us Inc	Buy	20,000	0.05
☰	POG - Patina Oil & Gas	Buy	60,000	0.04
☰	KELYA - Kelly Services Inc	Buy	9,500	0.03
☰	CMD - Cantel Industries	Buy	30,000	0.02
☰	FHI - Federated Investors Inc	Buy	10,000	0.02
☰	1365199D - TIG Holdings Inc Common	Sell 100.00%	147	6.43
☰	222435Q - Case Corporation Common	Sell 100.00%	26	2.78
☰	IGL - IMC Global Inc Common	Sell 100.00%	38	0.07
☰	605555Q - Sears, Roebuck & Co Common	Sell 100.00%	91	0.05
	Q1 1999
☰	AAGBP - Aluminum Company of America Common	Buy	110	12.88
☰	2323070Q - General Motors Corp Common	Buy	5	10.38
☰	GATX - GATX Corp Common	Buy	77	9.09
☰	675482Q - Reynolds Metals Common	Buy	72	7.99
☰	DE - Deere & Co.	Buy	10	7.17
☰	1365199D - TIG Holdings Inc Common	Buy	147	6.43
☰	MCL-W - Moore Corp Ltd Common	Buy	154	4.09
☰	UH - COLUMN TOTALS $202,577.86 ==================================================================================================================================== U.S. Home Corp Common	Buy	58	3.95
☰	SNA - Snap-On Inc.	Buy	80	3.77
☰	MAN - ManpowerGroup	Buy	156	3.55
☰	3321267Q - Abitibi-Consolidated Common	Buy	144	3.47
☰	590596Q - St. Laurent Paperboard Common	Buy	53	2.98
☰	222435Q - Case Corporation Common	Buy	26	2.78
☰	89236Q - CIT Group Common	Buy	129	2.49
☰	SRM - Sensormatic Electronics Corp Common	Buy	60	2.13
☰	GT - Goodyear Tire & Rubber Co Common	Buy	69	1.97
☰	FDP - Fresh Del Monte Common	Buy	143	0.99
☰	81814Q - Chiquita Brands Common	Buy	59	0.94
☰	1320Z - Stolt-Nielsen S.A. Common	Buy	82	0.85
☰	RYL - Ryland Group Inc Common	Buy	98	0.84
☰	IBM - International Business Machines Corp.	Buy	3	0.76
☰	CENX - Century Aluminum Co.	Buy	94	0.67
☰	CAT - Caterpillar Inc.	Buy	6	0.65
☰	8222 - The Limited Common	Buy	10	0.59
☰	APF - Asia Pacific Morgan Stanley Common	Buy	60	0.55
☰	UMGI - MediaOne Group Common	Buy	19	0.55
☰	IFF - International Flavors & Fragrances Inc.	Buy	37	0.51
☰	VAR - Varian Medical Systems Inc Common	Buy	166	0.49
☰	677004Q - Texaco Inc Common	Buy	15	0.39
☰	271804Q - Agribrands International Common	Buy	99	0.36
☰	BWA - BorgWarner Inc.	Buy	31	0.36
☰	DGX - Quest Diagnostics	Buy	93	0.36
☰	FNLYQ - Finlay Enterprises Inc Common	Buy	3	0.36
☰	YRK - York International Common	Buy	59	0.36
☰	HRB - H&R Block Inc.	Buy	48	0.32
☰	NAV - Navistar International Corp Common	Buy	35	0.31
☰	SNSAY - Stolt-Nielsen S.A. Common	Buy	47	0.31
☰	MS - Morgan Stanley	Buy	94	0.24
☰	AVID - Avid Technology Common	Buy	29	0.21
☰	BGC - General Cable Corp Common	Buy	90	0.21
☰	GOU - Common	Buy	13	0.21
☰	3493Q - Cornerstone Properties Common	Buy	63	0.20
☰	TSN - Tyson Foods	Buy	23	0.20
☰	1401351D - Foundation Health Common	Buy	81	0.18
☰	EXDTQ - Exide Corporation Common	Buy	63	0.18
☰	IGT - International Game Technology Common	Buy	91	0.18
☰	GEL - Genesis Energy Common	Buy	50	0.16
☰	2951 - Philip Morris Cos Inc Common	Buy	18	0.15
☰	BRLGQ - Burlington Industries Common	Buy	19	0.14
☰	PBOC - PBOC Holdings Inc Common	Buy	20	0.14
☰	PTBTQ - Pope & Talbot Inc Common	Buy	31	0.12
☰	MEOH - Methanex Corp.	Buy	50	0.09
☰	EOTPQ - EOT Energy Partners Common	Buy	75	0.08
☰	CPU - COLUMN TOTALS $207,353.22 ==================================================================================================================================== Comp USA Common	Buy	80	0.07
☰	IGL - IMC Global Inc Common	Buy	38	0.07
☰	1409Q - NAB Asset Corp Common	Buy	96	0.06
☰	MRSH - Marsh	Buy	50	0.06
☰	WACGQ - Warnaco Group Inc. Common	Buy	9	0.06
☰	605555Q - Sears, Roebuck & Co Common	Buy	91	0.05
☰	ITN - Intertan Inc Common	Buy	15	0.05
☰	231827Q - Primex Technologies Common	Buy	43	0.04
☰	8214761Q - Alcan Aluminum LTD Common	Buy	26	0.04
☰	AIK - Ameron International Corp Common	Buy	95	0.03
☰	LFB - Longview Fibre Common	Buy	25	0.03
☰	OLS - COLUMN TOTALS $102,437.09 ==================================================================================================================================== Olsten Corporation Common	Buy	36	0.03
☰	JTF - Jetform Corp Common	Buy	84	0.02
☰	SMSC - Standard Microsystems Corp Common	Buy	50	0.02
☰	HOEN - COLUMN TOTALS $275,255.87 ==================================================================================================================================== Hoenig Group Common	Buy	75	0.01