Holdings as of 06-30-2025
| Ticker | Company/ETF | Total Shares | Total Value ($) | CUSIP | Class | Put/Call |
|---|---|---|---|---|---|---|
| LNC | LINCOLN NATIONAL CORP | 569,480 | $19,704,008 | 534187109 | COMMON STOCK | |
| BFH | BREAD FINANCIAL HOLDINGS INC | 327,385 | $18,700,231 | 018581108 | COMMON STOCK | |
| NBR | NABORS INDUSTRIES LTD | 624,100 | $17,487,282 | G6359F137 | COMMON STOCK | |
| GTN | GRAY TELEVISION INC | 3,647,805 | $16,524,557 | 389375106 | COMMON STOCK | |
| QUAD | QUAD GRAPHICS INC | 2,710,380 | $15,313,647 | 747301109 | COMMON STOCK | |
| GCI | GANNETT CO INC | 3,284,510 | $11,758,546 | 36472T109 | COMMON STOCK | |
| JXN | JACKSON FINANCIAL INC-A | 124,995 | $11,098,306 | 46817M107 | COMMON STOCK | |
| UGI | UGI CORP | 292,000 | $10,634,640 | 902681105 | COMMON STOCK | |
| VZ | VERIZON COMMUNICATIONS INC | 198,000 | $8,567,460 | 92343V104 | COMMON STOCK | |
| OMF | ONEMAIN HOLDINGS INC | 149,000 | $8,493,000 | 68268W103 | COMMON STOCK | |
| JELD | JELD-WEN HOLDING INC | 1,874,420 | $7,347,726 | 47580P103 | COMMON STOCK | |
| CNDT | CONDUENT INC | 2,755,225 | $7,273,794 | 206787103 | COMMON STOCK | |
| CTO | CTO REALTY GROWTH INC | 399,145 | $6,889,243 | 22948Q101 | COMMON STOCK | |
| WAL | WESTERN ALLIANCE BANCORP | 83,455 | $6,507,821 | 957638109 | COMMON STOCK | |
| MSTR | MICROSTRATEGY INC-CL A | 15,250 | $6,164,507 | 594972408 | COMMON STOCK | |
| AXL | AMERICAN AXLE & MFG HOLDINGS | 1,439,920 | $5,874,874 | 024061103 | COMMON STOCK | |
| VTRS | VIATRIS INC | 619,000 | $5,527,670 | 92556V106 | COMMON STOCK | |
| BBW | BUILD-A-BEAR WORKSHOP INC | 105,000 | $5,413,800 | 120076104 | COMMON STOCK | |
| FOSL | FOSSIL GROUP INC | 3,469,727 | $5,135,196 | 34988V106 | COMMON STOCK | |
| CHRD | CHORD ENERGY CORP | 52,766 | $5,110,387 | 674215207 | COMMON STOCK | |
| BMY | BRISTOL-MYERS SQUIBB CO | 108,000 | $4,999,320 | 110122108 | COMMON STOCK | |
| BKE | BUCKLE INC/THE | 105,000 | $4,761,750 | 118440106 | COMMON STOCK | |
| STLA | STELLANTIS N.V | 390,000 | $3,911,700 | N82405106 | COMMON STOCK | |
| CG | CARLYLE GROUP INC/THE | 70,000 | $3,598,000 | 14316J108 | COMMON STOCK | |
| BCC | BOISE CASCADE CO | 40,000 | $3,472,800 | 09739D100 | COMMON STOCK | |
| ARLP | ALLIANCE RESOURCE PARTNERS | 127,000 | $3,319,780 | 01877R108 | COMMON STOCK | |
| DEA | EASTERLY GOVT PPTYS INC | 146,800 | $3,258,960 | 27616P301 | COMMON STOCK | |
| UNFI | UNITED NATURAL FOODS INC | 137,405 | $3,202,911 | 911163103 | COMMON STOCK | |
| LYB | LYONDELLBASELL INDUSTRIES NV | 38,000 | $2,198,680 | N53745100 | COMMON STOCK | |
| SMLR | SEMLER SCIENTIFIC INC | 53,000 | $2,053,220 | 81684M104 | COMMON STOCK | |
| TPC | TUTOR PERINI CORP | 12,910 | $603,930 | 901109108 | COMMON STOCK | |
| TTE | TOTALENERGIES SE -SPON ADR | 7,650 | $469,633 | 89151E109 | SPONSORED ADR | |
| FTI | TECHNIPFMC PLC | 8,115 | $279,481 | G87110105 | COMMON STOCK |