Holding Performance

1%-0% 2%-1% 3%-2% 4%-3% 5%-4% 6%-5%

Top 25 Holdings	Portfolio Weight %	Shares Owned	Shares Change	Sector	Mkt Cap (Mil)	Total Ret YTD (Daily)
Alleghany Corp DEL	3.09	55,571	-4,064		20.04	17.00
Madison Square Garden Co	2.91	362,460	0		18.86	36.82
Teleflex Inc.	2.87	248,173	0		18.61	11.23
JZ Capital Partners Ord/Inc	2.79	2,322,782	1,590,916	---	18.09	--
Oshkosh Corporation	2.63	434,261	-169,414		17.01	26.21
Kennametal Inc.	2.40	379,473	-26,590		15.56	2.98
Liberty Media Corporation	2.37	137,854	-25,000		15.37	--
Harman International Industries, Inc.	2.31	334,891	75,166		15.00	19.15
Ingram Micro, Inc.	2.31	822,446	0		14.95	14.48
Ap Alternative Ass	2.27	950,000	0	---	14.71	--
UniFirst Corporation	2.21	174,861	-1,353		14.29	31.72
Compass Minerals International, Inc.	2.18	195,842	21,425		14.11	16.48
HCC Insurance Holdings Inc.	2.07	346,831	0		13.42	16.49
Segro PLC	2.07	3,402,250	0		13.39	--
Rofin-Sinar Technologies, Inc.	2.04	514,701	-50,000		13.19	26.29
Mantech International Corp Class A	1.98	520,456	0		12.84	3.82
Semgroup Corp	1.97	295,155	0		12.74	43.01
Progress Software	1.92	529,455	-11,200		12.43	9.62
Broadridge Financial Solutions	1.92	526,900	0		12.42	19.49
EMCOR Group, Inc.	1.86	331,026	-34,798		12.03	17.83
LSB Industries, Inc.	1.71	266,864	10,956		11.05	-6.52
ICF International, Inc.	1.70	480,646	0		11.00	32.85
EnerSys, Inc.	1.70	268,534	268,534		10.99	35.46
Arch Capital Group Ltd	1.69	236,304	0		10.97	19.67
Cloud Peak Energy Inc	1.63	603,897	78,604		10.57	-7.92