# EDGAR Filing Document

**Accession Number:** 0001520601
**File Stem:** 0001941040-23-000059
**Filing Date:** 2023-2
**Character Count:** 22141
**Document Hash:** edc7d22403e598af5f2196c98493f4fa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001941040-23-000059.hdr.sgml**: 20230208

**ACCESSION NUMBER**: 0001941040-23-000059

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230208

**DATE AS OF CHANGE**: 20230208

**EFFECTIVENESS DATE**: 20230208

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AFFINITY INVESTMENT ADVISORS, LLC
- **CENTRAL INDEX KEY:** 0001520601
- **IRS NUMBER:** 330934127
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-14467
- **FILM NUMBER:** 23597677

**BUSINESS ADDRESS:**
- **STREET 1:** 5140 BIRCH STREET
- **STREET 2:** SUITE 300
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660
- **BUSINESS PHONE:** 949-251-2357

**MAIL ADDRESS:**
- **STREET 1:** 5140 BIRCH STREET
- **STREET 2:** SUITE 300
- **CITY:** NEWPORT BEACH
- **STATE:** CA
- **ZIP:** 92660

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Affinity Investment Advisors, LLC
- **DATE OF NAME CHANGE:** 20110512

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 12-31-2022

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** AFFINITY INVESTMENT ADVISORS LLC<br>**Address:** 5140 BIRCH STREET<br>SUITE 300<br>NEWPORT BEACH, CA 92660

**Form 13F File Number:** 028-14467

**CRD Number (if applicable):** 000108278

**SEC File Number (if applicable):** 801-42015

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Joshua Katz<br>**Title:** Chief Compliance Officer<br>**Phone:** 949-251-2354

**Signature, Place, and Date of Signing:**

Josh Katz  NEWPORT BEACH, CA  02-08-2023<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 191

**Form 13F Information Table Value Total:** $217399307

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| ABBVIE INC | COM | 00287Y109 |  | 3425970 | 21199 | SH |  | SOLE |  | 11652 | 0 | 9547 |
| ABM INDS INC | COM | 000957100 |  | 1020283 | 22969 | SH |  | SOLE |  | 22969 | 0 | 0 |
| ALBEMARLE CORP | COM | 012653101 |  | 984978 | 4542 | SH |  | SOLE |  | 3920 | 0 | 622 |
| ALLSTATE CORP | COM | 020002101 |  | 224282 | 1654 | SH |  | SOLE |  | 1654 | 0 | 0 |
| ALPHA  OMEGA SEMICONDUCTOR | SHS | G6331P104 |  | 462577 | 16191 | SH |  | SOLE |  | 16191 | 0 | 0 |
| ALPHABET INC | CAP STK CL A | 02079K305 |  | 2040760 | 23130 | SH |  | SOLE |  | 21580 | 0 | 1550 |
| ALTRIA GROUP INC | COM | 02209S103 |  | 2162997 | 47320 | SH |  | SOLE |  | 21693 | 0 | 25627 |
| AMDOCS LTD | SHS | G02602103 |  | 1094618 | 12042 | SH |  | SOLE |  | 11444 | 0 | 598 |
| AMERICAN ELEC PWR CO INC | COM | 025537101 |  | 1516826 | 15975 | SH |  | SOLE |  | 2631 | 0 | 13344 |
| AMERIPRISE FINL INC | COM | 03076C106 |  | 239755 | 770 | SH |  | SOLE |  | 770 | 0 | 0 |
| AMERISOURCEBERGEN CORP | COM | 03073E105 |  | 509558 | 3075 | SH |  | SOLE |  | 3075 | 0 | 0 |
| AMGEN INC | COM | 031162100 |  | 1227054 | 4672 | SH |  | SOLE |  | 4403 | 0 | 269 |
| AMN HEALTHCARE SVCS INC | COM | 001744101 |  | 781432 | 7600 | SH |  | SOLE |  | 7600 | 0 | 0 |
| ANTERO RESOURCES CORP | COM | 03674X106 |  | 206053 | 6649 | SH |  | SOLE |  | 6649 | 0 | 0 |
| APPFOLIO INC | COM CL A | 03783C100 |  | 651565 | 6183 | SH |  | SOLE |  | 6183 | 0 | 0 |
| APPLE INC | COM | 037833100 |  | 5976390 | 45997 | SH |  | SOLE |  | 37868 | 0 | 8129 |
| ARCH CAP GROUP LTD | ORD | G0450A105 |  | 235488 | 3751 | SH |  | SOLE |  | 3751 | 0 | 0 |
| ARCHER DANIELS MIDLAND CO | COM | 039483102 |  | 303248 | 3266 | SH |  | SOLE |  | 3266 | 0 | 0 |
| ASBURY AUTOMOTIVE GROUP INC | COM | 043436104 |  | 711623 | 3970 | SH |  | SOLE |  | 3970 | 0 | 0 |
| ASPEN TECHNOLOGY INC | COM | 29109X106 |  | 303992 | 1480 | SH |  | SOLE |  | 1480 | 0 | 0 |
| ASSOCIATED BANC CORP | COM | 045487105 |  | 975229 | 42236 | SH |  | SOLE |  | 42236 | 0 | 0 |
| AT INC | COM | 00206R102 |  | 2682300 | 145698 | SH |  | SOLE |  | 75597 | 0 | 70101 |
| ATLAS AIR WORLDWIDE HLDGS IN | COM NEW | 049164205 |  | 931795 | 9244 | SH |  | SOLE |  | 9244 | 0 | 0 |
| AUTOZONE INC | COM | 053332102 |  | 873028 | 354 | SH |  | SOLE |  | 354 | 0 | 0 |
| BANK AMERICA CORP | COM | 060505104 |  | 3462597 | 104547 | SH |  | SOLE |  | 55334 | 0 | 49213 |
| BANK OF NT BUTTERFIELD | SHS NEW | G0772R208 |  | 762510 | 25579 | SH |  | SOLE |  | 25579 | 0 | 0 |
| BELDEN INC | COM | 077454106 |  | 885664 | 12318 | SH |  | SOLE |  | 12318 | 0 | 0 |
| BERKSHIRE HATHAWAY INC DEL | CL B NEW | 084670702 |  | 618727 | 2003 | SH |  | SOLE |  | 2003 | 0 | 0 |
| BEST BUY INC | COM | 086516101 |  | 2552683 | 31825 | SH |  | SOLE |  | 17100 | 0 | 14725 |
| BLOOMIN BRANDS INC | COM | 094235108 |  | 708747 | 35226 | SH |  | SOLE |  | 35226 | 0 | 0 |
| BOISE CASCADE CO DEL | COM | 09739D100 |  | 791490 | 11526 | SH |  | SOLE |  | 11526 | 0 | 0 |
| BRISTOL-MYERS SQUIBB CO | COM | 110122108 |  | 3059026 | 42516 | SH |  | SOLE |  | 21263 | 0 | 21253 |
| BROADCOM INC | COM | 11135F101 |  | 2766016 | 4947 | SH |  | SOLE |  | 2836 | 0 | 2111 |
| BUCKLE INC | COM | 118440106 |  | 951806 | 20988 | SH |  | SOLE |  | 20988 | 0 | 0 |
| BUILDERS FIRSTSOURCE INC | COM | 12008R107 |  | 1126122 | 17357 | SH |  | SOLE |  | 17357 | 0 | 0 |
| BUNGE LIMITED | COM | G16962105 |  | 937738 | 9399 | SH |  | SOLE |  | 139 | 0 | 9260 |
| CADENCE DESIGN SYSTEM INC | COM | 127387108 |  | 404492 | 2518 | SH |  | SOLE |  | 2518 | 0 | 0 |
| CAPITAL ONE FINL CORP | COM | 14040H105 |  | 425292 | 4575 | SH |  | SOLE |  | 4132 | 0 | 443 |
| CATALYST PHARMACEUTICALS INC | COM | 14888U101 |  | 1230892 | 66177 | SH |  | SOLE |  | 66177 | 0 | 0 |
| CATERPILLAR INC | COM | 149123101 |  | 1818500 | 7591 | SH |  | SOLE |  | 985 | 0 | 6606 |
| CATHAY GEN BANCORP | COM | 149150104 |  | 951835 | 23335 | SH |  | SOLE |  | 23335 | 0 | 0 |
| CBRE GROUP INC | CL A | 12504L109 |  | 2566077 | 33343 | SH |  | SOLE |  | 19815 | 0 | 13528 |
| CELANESE CORP DEL | COM | 150870103 |  | 770378 | 7535 | SH |  | SOLE |  | 6375 | 0 | 1160 |
| CENTENE CORP DEL | COM | 15135B101 |  | 223805 | 2729 | SH |  | SOLE |  | 2729 | 0 | 0 |
| CF INDS HLDGS INC | COM | 125269100 |  | 1151222 | 13512 | SH |  | SOLE |  | 3622 | 0 | 9890 |
| CHECK POINT SOFTWARE TECH LT | ORD | M22465104 |  | 428439 | 3396 | SH |  | SOLE |  | 3396 | 0 | 0 |
| CHEVRON CORP NEW | COM | 166764100 |  | 4896846 | 27282 | SH |  | SOLE |  | 13597 | 0 | 13685 |
| CIGNA CORP NEW | COM | 125523100 |  | 613310 | 1851 | SH |  | SOLE |  | 1851 | 0 | 0 |
| COHU INC | COM | 192576106 |  | 647923 | 20216 | SH |  | SOLE |  | 20216 | 0 | 0 |
| COMCAST CORP NEW | CL A | 20030N101 |  | 2506720 | 71682 | SH |  | SOLE |  | 33382 | 0 | 38300 |
| COMERICA INC | COM | 200340107 |  | 880481 | 13171 | SH |  | SOLE |  | 4451 | 0 | 8720 |
| COMMERCIAL METALS CO | COM | 201723103 |  | 1171806 | 24261 | SH |  | SOLE |  | 24261 | 0 | 0 |
| CONCENTRIX CORP | COM | 20602D101 |  | 1367021 | 10266 | SH |  | SOLE |  | 5246 | 0 | 5020 |
| CONOCOPHILLIPS | COM | 20825C104 |  | 2410032 | 20424 | SH |  | SOLE |  | 5994 | 0 | 14430 |
| CONSOLIDATED EDISON INC | COM | 209115104 |  | 281165 | 2950 | SH |  | SOLE |  | 2950 | 0 | 0 |
| CONSTELLATION ENERGY CORP | COM | 21037T109 |  | 845720 | 9810 | SH |  | SOLE |  | 5415 | 0 | 4395 |
| COWEN INC | CL A NEW | 223622606 |  | 871229 | 22559 | SH |  | SOLE |  | 22559 | 0 | 0 |
| CUMMINS INC | COM | 231021106 |  | 213215 | 880 | SH |  | SOLE |  | 880 | 0 | 0 |
| CUSTOMERS BANCORP INC | COM | 23204G100 |  | 590266 | 20828 | SH |  | SOLE |  | 20828 | 0 | 0 |
| CVS HEALTH CORP | COM | 126650100 |  | 3481299 | 37357 | SH |  | SOLE |  | 22182 | 0 | 15175 |
| DARDEN RESTAURANTS INC | COM | 237194105 |  | 2137890 | 15455 | SH |  | SOLE |  | 9822 | 0 | 5633 |
| DARLING INGREDIENTS INC | COM | 237266101 |  | 218940 | 3498 | SH |  | SOLE |  | 3498 | 0 | 0 |
| DEERE  CO | COM | 244199105 |  | 2770647 | 6462 | SH |  | SOLE |  | 3225 | 0 | 3237 |
| DELL TECHNOLOGIES INC | CL C | 24703L202 |  | 1436377 | 35713 | SH |  | SOLE |  | 19763 | 0 | 15950 |
| DELTA AIR LINES INC DEL | COM NEW | 247361702 |  | 2467720 | 75098 | SH |  | SOLE |  | 36898 | 0 | 38200 |
| DICKS SPORTING GOODS INC | COM | 253393102 |  | 916008 | 7615 | SH |  | SOLE |  | 181 | 0 | 7434 |
| DISCOVER FINL SVCS | COM | 254709108 |  | 1805355 | 18454 | SH |  | SOLE |  | 8121 | 0 | 10333 |
| DTE ENERGY CO | COM | 233331107 |  | 202152 | 1720 | SH |  | SOLE |  | 1720 | 0 | 0 |
| EAST WEST BANCORP INC | COM | 27579R104 |  | 286665 | 4350 | SH |  | SOLE |  | 4350 | 0 | 0 |
| ELEVANCE HEALTH INC | COM | 036752103 |  | 333943 | 651 | SH |  | SOLE |  | 622 | 0 | 29 |
| ENCORE WIRE CORP | COM | 292562105 |  | 786018 | 5714 | SH |  | SOLE |  | 5714 | 0 | 0 |
| ENSIGN GROUP INC | COM | 29358P101 |  | 1011381 | 10690 | SH |  | SOLE |  | 10690 | 0 | 0 |
| EXELON CORP | COM | 30161N101 |  | 2085156 | 48234 | SH |  | SOLE |  | 21101 | 0 | 27133 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 559000 | 5068 | SH |  | SOLE |  | 5068 | 0 | 0 |
| FIRST FINL BANCORP OH | COM | 320209109 |  | 1019283 | 42067 | SH |  | SOLE |  | 42067 | 0 | 0 |
| FORD MTR CO DEL | COM | 345370860 |  | 665655 | 57236 | SH |  | SOLE |  | 53721 | 0 | 3515 |
| FOX CORP | CL A COM | 35137L105 |  | 470249 | 15484 | SH |  | SOLE |  | 15484 | 0 | 0 |
| FULLER H B CO | COM | 359694106 |  | 767623 | 10718 | SH |  | SOLE |  | 10718 | 0 | 0 |
| GEN DIGITAL INC | COM | 668771108 |  | 402455 | 18780 | SH |  | SOLE |  | 18780 | 0 | 0 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 471161 | 1899 | SH |  | SOLE |  | 1079 | 0 | 820 |
| GILEAD SCIENCES INC | COM | 375558103 |  | 2569147 | 29926 | SH |  | SOLE |  | 11986 | 0 | 17940 |
| GOLDMAN SACHS GROUP INC | COM | 38141G104 |  | 1797251 | 5234 | SH |  | SOLE |  | 1643 | 0 | 3591 |
| GRAINGER W W INC | COM | 384802104 |  | 233069 | 419 | SH |  | SOLE |  | 419 | 0 | 0 |
| GRAY TELEVISION INC | COM | 389375106 |  | 483419 | 43201 | SH |  | SOLE |  | 43201 | 0 | 0 |
| HALOZYME THERAPEUTICS INC | COM | 40637H109 |  | 1089294 | 19144 | SH |  | SOLE |  | 19144 | 0 | 0 |
| HANCOCK WHITNEY CORPORATION | COM | 410120109 |  | 967558 | 19995 | SH |  | SOLE |  | 19995 | 0 | 0 |
| HARTFORD FINL SVCS GROUP INC | COM | 416515104 |  | 254789 | 3360 | SH |  | SOLE |  | 3360 | 0 | 0 |
| HCA HEALTHCARE INC | COM | 40412C101 |  | 254838 | 1062 | SH |  | SOLE |  | 1052 | 0 | 10 |
| HENRY SCHEIN INC | COM | 806407102 |  | 219323 | 2746 | SH |  | SOLE |  | 2746 | 0 | 0 |
| HEWLETT PACKARD ENTERPRISE C | COM | 42824C109 |  | 730218 | 45753 | SH |  | SOLE |  | 45753 | 0 | 0 |
| HILTON WORLDWIDE HLDGS INC | COM | 43300A203 |  | 610698 | 4833 | SH |  | SOLE |  | 57 | 0 | 4776 |
| HOME DEPOT INC | COM | 437076102 |  | 685100 | 2169 | SH |  | SOLE |  | 2149 | 0 | 20 |
| HOPE BANCORP INC | COM | 43940T109 |  | 785112 | 61289 | SH |  | SOLE |  | 61289 | 0 | 0 |
| HORIZON THERAPEUTICS PUB L | SHS | G46188101 |  | 825391 | 7253 | SH |  | SOLE |  | 7253 | 0 | 0 |
| HOST HOTELS  RESORTS INC | COM | 44107P104 |  | 1406718 | 87646 | SH |  | SOLE |  | 30786 | 0 | 56860 |
| HP INC | COM | 40434L105 |  | 895443 | 33325 | SH |  | SOLE |  | 28460 | 0 | 4865 |
| INSPIRE MED SYS INC | COM | 457730109 |  | 1018099 | 4042 | SH |  | SOLE |  | 4042 | 0 | 0 |
| INTERNATIONAL BUSINESS MACHS | COM | 459200101 |  | 3409256 | 24198 | SH |  | SOLE |  | 13986 | 0 | 10212 |
| INTERPUBLIC GROUP COS INC | COM | 460690100 |  | 621831 | 18668 | SH |  | SOLE |  | 18668 | 0 | 0 |
| IRIDIUM COMMUNICATIONS INC | COM | 46269C102 |  | 769972 | 14980 | SH |  | SOLE |  | 14980 | 0 | 0 |
| IRONWOOD PHARMACEUTICALS INC | COM CL A | 46333X108 |  | 766867 | 61894 | SH |  | SOLE |  | 61894 | 0 | 0 |
| ISHARES TR | CORE US AGGBD ET | 464287226 |  | 1172609 | 12090 | SH |  | SOLE |  | 12090 | 0 | 0 |
| JABIL INC | COM | 466313103 |  | 1394281 | 20444 | SH |  | SOLE |  | 19531 | 0 | 913 |
| JOHNSON CTLS INTL PLC | SHS | G51502105 |  | 240000 | 3750 | SH |  | SOLE |  | 3750 | 0 | 0 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 2975545 | 22189 | SH |  | SOLE |  | 18580 | 0 | 3609 |
| KORN FERRY | COM NEW | 500643200 |  | 719310 | 14210 | SH |  | SOLE |  | 14210 | 0 | 0 |
| KRAFT HEINZ CO | COM | 500754106 |  | 1124736 | 27628 | SH |  | SOLE |  | 26144 | 0 | 1484 |
| KROGER CO | COM | 501044101 |  | 1177625 | 26416 | SH |  | SOLE |  | 25266 | 0 | 1150 |
| LAM RESEARCH CORP | COM | 512807108 |  | 786381 | 1871 | SH |  | SOLE |  | 1758 | 0 | 113 |
| LOWES COS INC | COM | 548661107 |  | 983050 | 4934 | SH |  | SOLE |  | 4541 | 0 | 393 |
| M D C HLDGS INC | COM | 552676108 |  | 476876 | 15091 | SH |  | SOLE |  | 15091 | 0 | 0 |
| MAGNOLIA OIL  GAS CORP | CL A | 559663109 |  | 1153740 | 49200 | SH |  | SOLE |  | 49200 | 0 | 0 |
| MALIBU BOATS INC | COM CL A | 56117J100 |  | 608793 | 11422 | SH |  | SOLE |  | 11422 | 0 | 0 |
| MARATHON PETE CORP | COM | 56585A102 |  | 307270 | 2640 | SH |  | SOLE |  | 2640 | 0 | 0 |
| MARINEMAX INC | COM | 567908108 |  | 551720 | 17672 | SH |  | SOLE |  | 17672 | 0 | 0 |
| MARRIOTT VACATIONS WORLDWIDE | COM | 57164Y107 |  | 466624 | 3467 | SH |  | SOLE |  | 1927 | 0 | 1540 |
| MASCO CORP | COM | 574599106 |  | 355019 | 7607 | SH |  | SOLE |  | 6893 | 0 | 714 |
| MCKESSON CORP | COM | 58155Q103 |  | 1141115 | 3042 | SH |  | SOLE |  | 3042 | 0 | 0 |
| MEDIFAST INC | COM | 58470H101 |  | 566830 | 4914 | SH |  | SOLE |  | 4914 | 0 | 0 |
| MERCK  CO INC | COM | 58933Y105 |  | 4645698 | 41872 | SH |  | SOLE |  | 23547 | 0 | 18325 |
| METHODE ELECTRS INC | COM | 591520200 |  | 889264 | 20042 | SH |  | SOLE |  | 20042 | 0 | 0 |
| METLIFE INC | COM | 59156R108 |  | 2736889 | 37818 | SH |  | SOLE |  | 19811 | 0 | 18007 |
| MICROSOFT CORP | COM | 594918104 |  | 4333068 | 18068 | SH |  | SOLE |  | 16998 | 0 | 1070 |
| MODERNA INC | COM | 60770K107 |  | 547661 | 3049 | SH |  | SOLE |  | 3049 | 0 | 0 |
| MONGODB INC | CL A | 60937P106 |  | 633825 | 3220 | SH |  | SOLE |  | 0 | 0 | 3220 |
| MORGAN STANLEY | COM NEW | 617446448 |  | 1075758 | 12653 | SH |  | SOLE |  | 12052 | 0 | 601 |
| MRC GLOBAL INC | COM | 55345K103 |  | 737241 | 63665 | SH |  | SOLE |  | 63665 | 0 | 0 |
| MUELLER INDS INC | COM | 624756102 |  | 843228 | 14292 | SH |  | SOLE |  | 14292 | 0 | 0 |
| NEWMARK GROUP INC | CL A | 65158N102 |  | 443244 | 55614 | SH |  | SOLE |  | 55614 | 0 | 0 |
| NORTHROP GRUMMAN CORP | COM | 666807102 |  | 716386 | 1313 | SH |  | SOLE |  | 1231 | 0 | 82 |
| NRG ENERGY INC | COM NEW | 629377508 |  | 296785 | 9327 | SH |  | SOLE |  | 9327 | 0 | 0 |
| NUCOR CORP | COM | 670346105 |  | 1272626 | 9655 | SH |  | SOLE |  | 1265 | 0 | 8390 |
| OKTA INC | CL A | 679295105 |  | 1011284 | 14800 | SH |  | SOLE |  | 2490 | 0 | 12310 |
| OMNICOM GROUP INC | COM | 681919106 |  | 616180 | 7554 | SH |  | SOLE |  | 7554 | 0 | 0 |
| ON SEMICONDUCTOR CORP | COM | 682189105 |  | 554594 | 8892 | SH |  | SOLE |  | 8892 | 0 | 0 |
| ORACLE CORP | COM | 68389X105 |  | 1258959 | 15402 | SH |  | SOLE |  | 5472 | 0 | 9930 |
| OTTER TAIL CORP | COM | 689648103 |  | 659196 | 11228 | SH |  | SOLE |  | 11228 | 0 | 0 |
| OWENS  MINOR INC NEW | COM | 690732102 |  | 317987 | 16282 | SH |  | SOLE |  | 16282 | 0 | 0 |
| OWENS CORNING NEW | COM | 690742101 |  | 272704 | 3197 | SH |  | SOLE |  | 3197 | 0 | 0 |
| OXFORD INDS INC | COM | 691497309 |  | 919780 | 9871 | SH |  | SOLE |  | 9871 | 0 | 0 |
| PACCAR INC | COM | 693718108 |  | 1696742 | 17144 | SH |  | SOLE |  | 6041 | 0 | 11103 |
| PACIRA BIOSCIENCES INC | COM | 695127100 |  | 452123 | 11710 | SH |  | SOLE |  | 11710 | 0 | 0 |
| PARKER-HANNIFIN CORP | COM | 701094104 |  | 224070 | 770 | SH |  | SOLE |  | 770 | 0 | 0 |
| PFIZER INC | COM | 717081103 |  | 2038532 | 39784 | SH |  | SOLE |  | 9131 | 0 | 30653 |
| PHILIP MORRIS INTL INC | COM | 718172109 |  | 1802044 | 17805 | SH |  | SOLE |  | 2905 | 0 | 14900 |
| PHOTRONICS INC | COM | 719405102 |  | 815666 | 48465 | SH |  | SOLE |  | 48465 | 0 | 0 |
| PIEDMONT OFFICE REALTY TR IN | COM CL A | 720190206 |  | 576124 | 62827 | SH |  | SOLE |  | 62827 | 0 | 0 |
| PPL CORP | COM | 69351T106 |  | 1857340 | 63564 | SH |  | SOLE |  | 26574 | 0 | 36990 |
| PROVIDENT FINL SVCS INC | COM | 74386T105 |  | 851303 | 39855 | SH |  | SOLE |  | 39855 | 0 | 0 |
| PULTE GROUP INC | COM | 745867101 |  | 1709925 | 37556 | SH |  | SOLE |  | 17561 | 0 | 19995 |
| QUALCOMM INC | COM | 747525103 |  | 1689008 | 15363 | SH |  | SOLE |  | 9624 | 0 | 5739 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 246393 | 1575 | SH |  | SOLE |  | 1575 | 0 | 0 |
| RAYTHEON TECHNOLOGIES CORP | COM | 75513E101 |  | 270365 | 2679 | SH |  | SOLE |  | 2643 | 0 | 36 |
| REGAL REXNORD CORPORATION | COM | 758750103 |  | 803266 | 6695 | SH |  | SOLE |  | 95 | 0 | 6600 |
| REGIONS FINANCIAL CORP NEW | COM | 7591EP100 |  | 1811126 | 84004 | SH |  | SOLE |  | 36714 | 0 | 47290 |
| RPC INC | COM | 749660106 |  | 1142089 | 128469 | SH |  | SOLE |  | 128469 | 0 | 0 |
| SABRA HEALTH CARE REIT INC | COM | 78573L106 |  | 410190 | 33000 | SH |  | SOLE |  | 33000 | 0 | 0 |
| SEAWORLD ENTMT INC | COM | 81282V100 |  | 708847 | 13247 | SH |  | SOLE |  | 13247 | 0 | 0 |
| SIMON PPTY GROUP INC NEW | COM | 828806109 |  | 560145 | 4768 | SH |  | SOLE |  | 3358 | 0 | 1410 |
| SM ENERGY CO | COM | 78454L100 |  | 954830 | 27414 | SH |  | SOLE |  | 27414 | 0 | 0 |
| SMUCKER J M CO | COM NEW | 832696405 |  | 248782 | 1570 | SH |  | SOLE |  | 1570 | 0 | 0 |
| SNAP ON INC | COM | 833034101 |  | 205413 | 899 | SH |  | SOLE |  | 899 | 0 | 0 |
| SOUTHWEST GAS HLDGS INC | COM | 844895102 |  | 488171 | 7889 | SH |  | SOLE |  | 7889 | 0 | 0 |
| SPDR S 500 ETF TR | TR UNIT | 78462F103 |  | 546492 | 1429 | SH |  | SOLE |  | 1429 | 0 | 0 |
| SYNOPSYS INC | COM | 871607107 |  | 415716 | 1302 | SH |  | SOLE |  | 1302 | 0 | 0 |
| TANGER FACTORY OUTLET CTRS I | COM | 875465106 |  | 926709 | 51656 | SH |  | SOLE |  | 51656 | 0 | 0 |
| TAPESTRY INC | COM | 876030107 |  | 2290398 | 60147 | SH |  | SOLE |  | 26823 | 0 | 33324 |
| TARGET CORP | COM | 87612E106 |  | 2312654 | 15517 | SH |  | SOLE |  | 9163 | 0 | 6354 |
| TENET HEALTHCARE CORP | COM NEW | 88033G407 |  | 617681 | 12660 | SH |  | SOLE |  | 12660 | 0 | 0 |
| TORO CO | COM | 891092108 |  | 225155 | 1989 | SH |  | SOLE |  | 1989 | 0 | 0 |
| TRITON INTL LTD | CL A | G9078F107 |  | 1139272 | 16564 | SH |  | SOLE |  | 16564 | 0 | 0 |
| TYSON FOODS INC | CL A | 902494103 |  | 1773254 | 28486 | SH |  | SOLE |  | 15261 | 0 | 13225 |
| ULTA BEAUTY INC | COM | 90384S303 |  | 840573 | 1792 | SH |  | SOLE |  | 1792 | 0 | 0 |
| ULTRA CLEAN HLDGS INC | COM | 90385V107 |  | 634823 | 19150 | SH |  | SOLE |  | 19150 | 0 | 0 |
| UNITED AIRLS HLDGS INC | COM | 910047109 |  | 200564 | 5320 | SH |  | SOLE |  | 5320 | 0 | 0 |
| UNITED RENTALS INC | COM | 911363109 |  | 3329930 | 9369 | SH |  | SOLE |  | 5740 | 0 | 3629 |
| UNITEDHEALTH GROUP INC | COM | 91324P102 |  | 4806612 | 9066 | SH |  | SOLE |  | 5223 | 0 | 3843 |
| UNUM GROUP | COM | 91529Y106 |  | 1194260 | 29107 | SH |  | SOLE |  | 5727 | 0 | 23380 |
| US BANCORP DEL | COM NEW | 902973304 |  | 383681 | 8798 | SH |  | SOLE |  | 4858 | 0 | 3940 |
| VALERO ENERGY CORP | COM | 91913Y100 |  | 3513515 | 27696 | SH |  | SOLE |  | 15560 | 0 | 12136 |
| VERACYTE INC | COM | 92337F107 |  | 486157 | 20487 | SH |  | SOLE |  | 20487 | 0 | 0 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 2413565 | 61258 | SH |  | SOLE |  | 25420 | 0 | 35838 |
| VISA INC | COM CL A | 92826C839 |  | 207760 | 1000 | SH |  | SOLE |  | 1000 | 0 | 0 |
| VISTA OUTDOOR INC | COM | 928377100 |  | 470268 | 19297 | SH |  | SOLE |  | 19297 | 0 | 0 |
| VMWARE INC | CL A COM | 928563402 |  | 433466 | 3531 | SH |  | SOLE |  | 3531 | 0 | 0 |
| WARRIOR MET COAL INC | COM | 93627C101 |  | 664083 | 19171 | SH |  | SOLE |  | 19171 | 0 | 0 |
| WASHINGTON FED INC | COM | 938824109 |  | 854686 | 25475 | SH |  | SOLE |  | 25475 | 0 | 0 |
| WELLS FARGO CO NEW | COM | 949746101 |  | 2760195 | 66849 | SH |  | SOLE |  | 30484 | 0 | 36365 |
| WORKIVA INC | COM CL A | 98139A105 |  | 699386 | 8329 | SH |  | SOLE |  | 8329 | 0 | 0 |
| XCEL ENERGY INC | COM | 98389B100 |  | 280440 | 4000 | SH |  | SOLE |  | 4000 | 0 | 0 |
| ZIONS BANCORPORATION N A | COM | 989701107 |  | 311674 | 6340 | SH |  | SOLE |  | 6340 | 0 | 0 |

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