SEC Filing | Westwood Holdings Group, Inc.

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SEC FORM 13F-HR

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

Report for the Calendar Year or Quarter Ended:

03-31-2019

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:	WESTWOOD HOLDINGS GROUP INC
Address:	200 CRESCENT COURT
	SUITE 1200
	DALLAS, TX 75201
Form 13F File Number:	028-15581

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:	Murray Forbes III
Title:	CFO
Phone:	214-756-6900
Signature, Place, and Date of Signing:
Murray Forbes III		Dallas, TX	05-13-2019
[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 reported are 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:	3
	Form 13F Information Table Entry Total:	409
	Form 13F Information Table Value Total:	9,620,277
		(thousands)

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.]
	No.	Form 13F File Number	Name
	2		WESTWOOD MANAGEMENT CORP /TX
	3		WESTWOOD INTERNATIONAL ADVISORS INC.
	4		WESTWOOD TRUST

SEC FORM 13-F Information Table

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
Estimated average burden
hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
3M CO	COM	88579Y101	1,981	9,533	SH		DFND	4	9,533	0	0
ABBOTT LABS	COM	002824100	181,104	2,265,496	SH		DFND	2,4	2,228,297	17,824	19,375
ABBVIE INC	COM	00287Y109	596	7,393	SH		DFND	4	7,393	0	0
ACCENTURE PLC IRELAND	SHS CLASS A	G1151C101	3,390	19,258	SH		DFND	2,4	17,676	1,582	0
ADOBE INC	COM	00724F101	1,322	4,961	SH		DFND	2,4	4,961	0	0
ADVANCE AUTO PARTS INC	COM	00751Y106	2,624	15,390	SH		DFND	2	15,390	0	0
ALAMO GROUP INC.	COM	011311107	20,086	200,983	SH		DFND	2	200,983	0	0
ALASKA AIR GROUP INC	COM	011659109	12,587	224,288	SH		DFND	2,4	213,067	11,221	0
ALBANY INTL CORP	CL A	012348108	45,393	634,070	SH		DFND	2,4	624,458	9,612	0
ALBEMARLE CORP	COM	012653101	35,976	438,832	SH		DFND	2,4	424,240	13,892	700
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	95,892	672,644	SH		DFND	2,4	672,644	0	0
ALIBABA GROUP HLDG LTD	SPONSORED ADS	01609W102	5,295	29,021	SH		DFND	4	7,996	0	21,025
ALLETE INC	COM	018522300	1,645	20,000	SH		DFND	2	20,000	0	0
ALLIANT ENERGY CORP	COM	018802108	28,157	597,425	SH		DFND	2	561,740	35,685	0
ALPHABET INC	CAP STK CL C	02079K107	2,277	1,941	SH		DFND	4	1,941	0	0
ALPHABET INC	CAP STK CL A	02079K305	84,067	71,431	SH		DFND	2,4	68,979	1,204	1,248
ALTRIA GROUP INC	COM	02209S103	285	4,950	SH		DFND	4	4,950	0	0
AMAZON INC	COM	023135106	31,386	17,625	SH		DFND	2,4	17,625	0	0
AMDOCS LTD	COM	G02602103	17,981	332,305	SH		DFND	2,4	319,032	11,837	1,436
AMERICAN CAMPUS COMMUNITIES	COM	024835100	608	12,785	SH		DFND	2	12,785	0	0
AMERICAN EXPRESS CO	COM	025816109	1,083	9,911	SH		DFND	4	9,911	0	0
AMERICAN FINL GROUP INC OHIO	COM	025932104	1,252	13,011	SH		DFND	2	13,011	0	0
AMERICAN HOMES 4 RENT	CL A	02665T306	24,935	1,097,486	SH		DFND	2,4	1,097,486	0	0
AMERICAN TOWER CORP	COM	03027X100	1,567	7,950	SH		DFND	2	7,950	0	0
AMERICAN WTR WKS CO INC	COM	030420103	1,347	12,917	SH		DFND	2	12,917	0	0
AMERICOLD REALTY TRUST	COM	03064D108	13,976	458,073	SH		DFND	2	433,549	24,524	0
AMGEN INC	COM	031162100	2,113	11,120	SH		DFND	2,4	11,120	0	0
AMPHENOL CORP NEW CL A	COM	032095101	6,217	65,831	SH		DFND	2	65,831	0	0
ANADARKO PETE CORP	COM	032511107	5	100	SH		DFND	2	0	0	100
ANDEAVOR LOGISTICS LP	COM UNIT	03350F106	6,491	184,078	SH		DFND	2	184,078	0	0
ANHEUSER BUSCH COS INC	SPONSORED ADR	03524A108	2	28	SH		DFND	2	28	0	0
ANTERO MIDSTREAM CORP	COM	03676B102	5,157	374,226	SH		DFND	2	374,226	0	0
ANTHEM INC	COM	036752103	373	1,300	SH		DFND	2	1,300	0	0
APOGEE ENTERPRISES INC	COM	037598109	18,472	492,730	SH		DFND	2	492,730	0	0
APPLE INC	COM	037833100	111,053	584,644	SH		DFND	2,3,4	572,028	5,596	7,020
ARES CAPITAL CORP	COM	04010L103	26	1,500	SH		DFND	2	1,500	0	0
ARTHUR J GALLAGHER & CO	COM	363576109	87,580	1,121,385	SH		DFND	2,4	1,083,285	19,565	18,535
ASSURANT INC	COM	04621X108	17,876	188,347	SH		DFND	2,4	177,728	10,619	0
AT&T INC	COM	00206R102	157,956	5,036,882	SH		DFND	2,4	4,910,608	54,244	72,030
AUTODESK INC	COM	052769106	4,038	25,916	SH		DFND	4	25,916	0	0
AUTOMATIC DATA PROCESSING IN	COM	053015103	1,496	9,363	SH		DFND	2,4	9,363	0	0
AVALONBAY CMNTYS INC	COM	053484101	1,219	6,072	SH		DFND	2	6,072	0	0
AVNET INC	COM	053807103	4,198	96,800	SH		DFND	2	96,800	0	0
BANCO BILBAO VIZCAYA ARGENTA	SPONSORED ADR	05946K101	114	19,841	SH		DFND	4	19,841	0	0
BANCO DE CHILE-ADR	ADR	059520106	4,404	149,603	SH		DFND	3	149,603	0	0
BANCORPSOUTH BANK	COM	05971J102	1,147	40,640	SH		DFND	2	40,640	0	0
BANK AMER CORP	COM	060505104	228,542	8,283,521	SH		DFND	2,4	8,124,550	74,496	84,475
BARRICK GOLD CORP	COM	067901108	1,502	109,562	SH		DFND	3	109,562	0	0
BB&T CORP	COM	054937107	40,591	872,354	SH		DFND	2	872,354	0	0
BDX 6.125 05/01/20 PFD	PFD SHS CONV A	075887208	36,183	585,393	SH		DFND	2	585,393	0	0
BECTON DICKINSON & CO	COM	075887109	167,063	668,975	SH		DFND	2,4	655,167	6,792	7,016
BERKSHIRE HATHAWAY INC DEL	CL B NEW	084670702	1,743	8,680	SH		DFND	2,4	8,680	0	0
BERSHIRE HILLS BANCORP	COM	084680107	29,661	1,088,889	SH		DFND	2	1,088,889	0	0
BIOMARIN PHARMACEUTICAL INC	COM	09061G101	1,676	18,864	SH		DFND	4	18,864	0	0
BJ'S WHOLESALE CLUB HOLDINGS	COM	05550J101	39,276	1,433,437	SH		DFND	2,4	1,391,937	41,500	0
BLACKSTONE GROUP LP/THE	COM UNIT LTD	09253U108	578	16,540	SH		DFND	2	16,540	0	0
BLOOMIN' BRANDS INC	COM	094235108	43,145	2,109,758	SH		DFND	2	2,083,824	25,934	0
BOEING CO	COM	097023105	64,223	168,377	SH		DFND	2,4	163,139	3,053	2,185
BOK FINL CORP	COM NEW	05561Q201	313	3,844	SH		DFND	4	3,844	0	0
BOOZ ALLEN HAMILTON HLDG COR	CL A	099502106	122,280	2,103,206	SH		DFND	2,4	2,044,425	27,512	31,269
BOSTON PROPERTIES INC	COM	101121101	74,816	558,831	SH		DFND	2	558,831	0	0
BP PLC	SPONSORED ADR	055622104	906	20,725	SH		DFND	4	20,725	0	0
BRANDYWINE RLTY TR SH BEN INT	SH BEN INT	105368203	19,588	1,235,057	SH		DFND	2	1,235,057	0	0
BROADCOM INC	COM	11135F101	1,244	4,139	SH		DFND	2,4	4,139	0	0
BROADRIDGE FINL SOLUTIONS INC	COM	11133T103	3,353	32,335	SH		DFND	2	32,335	0	0
BROOKS AUTOMATION INC	COM	114340102	16,523	563,362	SH		DFND	2	563,362	0	0
BUCKEYE PARTNERS L P UNIT LTD	COM	118230101	4,446	130,697	SH		DFND	2	130,697	0	0
BURLINGTON STORES INC	COM	122017106	2,942	18,775	SH		DFND	2	18,775	0	0
CABLE ONE INC	COM	12685J105	19,564	19,935	SH		DFND	2,4	19,255	680	0
CABOT OIL & GAS CORP	COM	127097103	2,486	95,235	SH		DFND	2,4	95,235	0	0
CALLON PETE CO DEL	COM	13123X102	42,214	5,591,310	SH		DFND	2,4	5,591,310	0	0
CAMDEN PPTY TR SH BEN INT	SH BEN INT	133131102	458	4,508	SH		DFND	2	4,508	0	0
CARTER'S INC	COM	146229109	16,451	163,224	SH		DFND	2	154,134	9,090	0
CATCHMARK TIMBER TRUST INC-A	COM	14912Y202	27	2,700	SH		DFND	2	2,700	0	0
CCI 6.875	CONV PFD A	22822V309	65	55	SH		DFND	2	55	0	0
CENTENNIAL RESOURCE DEV INC	CL A	15136A102	4,660	530,200	SH		DFND	2,4	456,268	68,902	5,030
CENTERPOINT ENERGY INC	COM	15189T107	163	5,300	SH		DFND	2	5,300	0	0
CENTERPOINT ENERGY INC	DEP RP PFD CV B	15189T503	35,458	671,045	SH		DFND	2	671,045	0	0
CENTRAL PACIFIC FINANCIAL CO	COM	154760409	23,987	831,715	SH		DFND	2	831,715	0	0
CERNER CORP	COM	156782104	1,929	33,721	SH		DFND	4	33,721	0	0
CHEMICAL FINL CORP	COM	163731102	32,612	792,320	SH		DFND	2,4	757,698	33,372	1,250
CHENIERE ENERGY INC	COM	16411R208	3,692	54,020	SH		DFND	2,4	54,020	0	0
CHENIERE ENERGY PARTNRUNI	COM	16411Q101	3,332	79,455	SH		DFND	2	79,455	0	0
CHESAPEAKE ENERGY CORP	COM	165167107	24,415	7,875,723	SH		DFND	4	7,875,723	0	0
CHEVRON CORP NEW	COM	166764100	69,653	565,450	SH		DFND	2,4	552,742	7,963	4,745
CHILDRENS PL INC	COM	168905107	45,648	469,246	SH		DFND	2,4	463,392	5,854	0
CHUBB LIMITED	COM	H1467J104	173,119	1,235,859	SH		DFND	2,4	1,216,290	9,809	9,760
CISCO SYS INC	COM	17275R102	3,006	55,683	SH		DFND	2,4	55,683	0	0
CMS ENERGY CORP	COM	125896100	81,795	1,472,712	SH		DFND	2,4	1,421,286	27,556	23,870
CNX MIDSTREAM PARTNERS LP	COM	12654A101	4,506	296,239	SH		DFND	2	296,239	0	0
CNX RESOURCES CORP	COM	12653C108	341	31,625	SH		DFND	2	31,625	0	0
COCA COLA CO	COM	191216100	1,561	33,307	SH		DFND	4	33,307	0	0
COHERENT INC	COM	192479103	9,902	69,867	SH		DFND	2	65,846	4,021	0
COLGATE PALMOLIVE CO	COM	194162103	86,392	1,260,461	SH		DFND	2,4	1,204,973	19,665	35,823
COLUMBIA BKG SYS INC	COM	197236102	31,531	964,556	SH		DFND	2	964,556	0	0
COLUMBIA PPTY TR INC	COM	198287203	32,498	1,443,703	SH		DFND	2	1,443,703	0	0
COLUMBIA SPORTSWEAR CO	COM	198516106	1,929	18,515	SH		DFND	2	18,515	0	0
COLUMBUS MCKINNON CORP/NY	COM	199333105	17,700	515,271	SH		DFND	2	515,271	0	0
COMCAST CORP	CL A	20030N101	22,697	567,711	SH		DFND	2,4	567,711	0	0
COMFORT SYSTEMS USA INC	COM	199908104	34,417	656,929	SH		DFND	2	656,929	0	0
CONMED CORP	COM	207410101	32,854	394,979	SH		DFND	2,4	394,979	0	0
CONOCOPHILLIPS	COM	20825C104	70,340	1,053,941	SH		DFND	2,4	1,026,606	19,402	7,933
CONSTELLATION BRANDS INC CL A	COM	21036P108	1,852	10,562	SH		DFND	2	10,562	0	0
CONTINENTAL BLDG PRODS INC	COM	211171103	32,109	1,295,260	SH		DFND	2	1,295,260	0	0
COOPER COS INC	COM NEW	216648402	21,989	74,247	SH		DFND	2,4	70,119	4,128	0
CORNING INC	COM	219350105	3,121	94,290	SH		DFND	2,4	87,380	6,910	0
COSTCO WHSL CORP	COM	22160K105	1,332	5,505	SH		DFND	2,4	5,505	0	0
CREDICORP LTD	COM	G2519Y108	36,031	150,162	SH		DFND	3	122,910	0	27,252
CROWN CASTLE INTL CORP	COM	22822V101	95,487	745,996	SH		DFND	2,4	740,571	0	5,425
CSX CORP	COM	126408103	473	6,326	SH		DFND	4	6,326	0	0
CUBESMART	COM	229663109	617	19,262	SH		DFND	2	19,262	0	0
CURTISS WRIGHT CORP	COM	231561101	22,322	196,950	SH		DFND	2	189,400	7,550	0
CVS HEALTH CORP	COM	126650100	122,309	2,267,929	SH		DFND	2,4	2,205,024	29,530	33,375
CYRUSONE INC	COM	23283R100	912	17,400	SH		DFND	2	17,400	0	0
DCP MIDSTREAM PARTNERS LP	COM UT LTD PTN	23311P100	4,184	126,583	SH		DFND	2	126,583	0	0
DEERE & CO	COM	244199105	2,137	13,372	SH		DFND	2,4	13,272	0	100
DELL TECHNOLOGIES	CL C	24703L202	1,346	22,922	SH		DFND	2,4	22,922	0	0
DENTSPLY SIRONA INC	COM	24906P109	3,957	79,800	SH		DFND	2	79,800	0	0
DIAMONDBACK ENERGY INC	COM	25278X109	10,365	102,086	SH		DFND	2,4	98,378	3,708	0
DICKS SPORTING GOODS INC	COM	253393102	1,091	29,655	SH		DFND	2,4	29,655	0	0
DINEEQUITY INC	COM	254423106	908	9,945	SH		DFND	2	9,945	0	0
DOMINION ENERGY INC	COM	25746U109	536	6,995	SH		DFND	2	6,995	0	0
DOUGLAS DYNAMICS INC	COM	25960R105	28,621	751,796	SH		DFND	2	751,796	0	0
DOWDUPONT INC	COM	26078J100	604	11,323	SH		DFND	4	11,323	0	0
DTE ENERGY CO	UNIT	233331883	34,852	629,661	SH		DFND	2	629,661	0	0
DTE ENERGY CO	COM	233331107	98,796	792,012	SH		DFND	2,4	769,426	11,871	10,715
EAGLE MATERIALS INC	COM	26969P108	31,995	379,538	SH		DFND	2,4	361,545	17,187	806
EAST WEST BANCORP INC	COM	27579R104	2,586	53,900	SH		DFND	2	53,900	0	0
EASTERLY GOVERNMENT PROPERTIES	COM	27616P103	32,777	1,819,909	SH		DFND	2	1,819,909	0	0
EATON CORP PLC SHS	COM	G29183103	2,799	34,750	SH		DFND	2	34,750	0	0
ELDORADO RESORTS INC	COM	28470R102	2,366	50,683	SH		DFND	2	50,683	0	0
EMPIRE ST RLTY TR	LTD PTNRSHP	292104106	594	37,625	SH		DFND	2	37,625	0	0
EMPLOYERS HOLDINGS INC	COM	292218104	16,703	416,439	SH		DFND	2	416,439	0	0
ENABLE MIDSTREAM PARTNERS LP	LP COM UNIT	292480100	4,297	300,068	SH		DFND	2	300,068	0	0
ENBRIDGE INC	COM	29250N105	7,506	206,994	SH		DFND	2	206,994	0	0
ENERGIZER HOLDINGS INC	COM	29272W109	2,180	48,530	SH		DFND	2	48,530	0	0
ENERGY TRANSFER LP	COM	29273V100	23,487	1,528,135	SH		DFND	2	1,528,135	0	0
ENERPLUS CORP	COM	292766102	375	44,600	SH		DFND	4	44,600	0	0
ENERSIS AMERICAS-SPONS ADR	SPONS ADR	29274F104	4,784	535,759	SH		DFND	3	535,759	0	0
ENLINK MIDSTREAM LLCUNIT	COM	29336T100	182	14,260	SH		DFND	2	14,260	0	0
ENTERPRISE PRODS PARTNERS L P	COM	293792107	89,105	3,062,033	SH		DFND	2	3,062,033	0	0
ENVIVA PARTNERS LP	COM	29414J107	29	900	SH		DFND	2	900	0	0
EOG RES INC	COM	26875P101	94,183	989,519	SH		DFND	2,4	969,157	14,917	5,445
EQT CORP	COM	26884L109	258	12,445	SH		DFND	2	12,445	0	0
EQT MIDSTREAM PARTNERS LP	LP UNIT LTD PTNR	26885B100	7,947	172,135	SH		DFND	2	172,135	0	0
EQUITRANS MIDSTREAM CORP	COM	294600101	163	7,464	SH		DFND	2	7,464	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	608	8,075	SH		DFND	2	8,075	0	0
EVEREST RE GROUP LTD	COM	G3223R108	22,575	104,534	SH		DFND	2	100,125	4,409	0
EXPEDITORS INTL WASH INC	COM	302130109	3,520	46,380	SH		DFND	4	46,380	0	0
EXXON MOBIL CORP	COM	30231G102	13,850	171,410	SH		DFND	2,4	171,410	0	0
FACEBOOK INC	CL A	30303M102	5,009	30,050	SH		DFND	2,4	9,942	0	20,108
FACTSET RESH SYS INC	COM	303075105	1,795	7,232	SH		DFND	4	7,232	0	0
FEDEX CORP	COM	31428X106	55,568	306,310	SH		DFND	2,4	294,509	4,291	7,510
FIRST HAWAIIAN	COM	32051X108	22,743	873,046	SH		DFND	2	834,160	38,886	0
FIRST REP BK SAN FRANCISCO	COM	33616C100	1,348	13,425	SH		DFND	2,4	13,425	0	0
FLIR SYS INC	COM	302445101	15,903	334,242	SH		DFND	2	323,231	11,011	0
FLOWERS FOODS INC	COM	343498101	2,791	130,890	SH		DFND	2	130,890	0	0
FOMENTO ECONOMICO MEXICANO SAB	SPONS ADR UNIT	344419106	16,966	183,856	SH		DFND	3	183,856	0	0
FS KKR CAPITAL CORP	COM	302635107	25	4,200	SH		DFND	2	4,200	0	0
GAMING AND LEISURE PROPERTIES	COM	36467J108	906	23,485	SH		DFND	2	23,485	0	0
GASLOG PARTNERS LP	COM	Y2687W108	318	14,050	SH		DFND	2	14,050	0	0
GENERAL DYNAMICS CORP	COM	369550108	132,701	783,916	SH		DFND	2,4	774,440	4,586	4,890
GENERAL ELECTRIC CO	COM	369604103	115	11,500	SH		DFND	4	11,500	0	0
GENERAL MLS INC	COM	370334104	83,854	1,620,376	SH		DFND	2	1,567,618	21,303	31,455
GENERAL MTRS CO	COM	37045V100	1,054	28,405	SH		DFND	2,4	28,405	0	0
GENPACT LIMITED SHS	COM	G3922B107	12,875	365,965	SH		DFND	2	347,088	18,877	0
GENTHERM INC	COM	37253A103	16,280	441,659	SH		DFND	2	441,659	0	0
GENUINE PARTS CO	COM	372460105	5,590	49,900	SH		DFND	2	49,900	0	0
GLACIER BANCORP INC	COM	37637Q105	15,459	385,790	SH		DFND	2	385,790	0	0
GLOBAL PMTS INC	COM	37940X102	4,301	31,507	SH		DFND	4	31,507	0	0
GRACO INC	COM	384109104	2,746	55,452	SH		DFND	2	55,452	0	0
GRAINGER W W INC	COM	384802104	602	2,000	SH		DFND	2	0	0	2,000
GREAT WESTN BANCORP INC	COM	391416104	30,522	966,178	SH		DFND	2	966,178	0	0
HALLIBURTON CO	COM	406216101	43,451	1,482,964	SH		DFND	2,4	1,449,780	14,574	18,610
HCP INC	COM	40414L109	1,210	38,645	SH		DFND	2	38,645	0	0
HDFC BANK LTD	SPONS ADR	40415F101	10,131	87,407	SH		DFND	3	87,407	0	0
HELEN OF TROY CORP LTD	COM	G4388N106	2,072	17,869	SH		DFND	2	17,869	0	0
HERITAGE COMMERCE CORP	COM	426927109	13,055	1,078,961	SH		DFND	2	1,078,961	0	0
HILLTOP HOLDINGS INC	COM	432748101	445	24,359	SH		DFND	4	24,359	0	0
HOME BANCSHARES INC	COM	436893200	1,073	61,070	SH		DFND	2	61,070	0	0
HOME DEPOT INC	COM	437076102	199,806	1,041,254	SH		DFND	2,4	1,025,299	7,335	8,620
HONEYWELL INTL INC	COM	438516106	187,048	1,176,991	SH		DFND	2,4	1,163,863	7,218	5,910
HORMEL FOODS CORP	COM	440452100	88,820	1,984,362	SH		DFND	2,4	1,931,795	22,871	29,696
HOST HOTELS & RESORTS INC	COM	44107P104	592	31,303	SH		DFND	2	31,303	0	0
HOSTESS BRANDS INC	COM	44109J106	33,182	2,654,485	SH		DFND	2,4	2,654,485	0	0
HOULIHAN LOKEY INC	COM	441593100	39,391	859,131	SH		DFND	2,4	831,231	27,900	0
HOWARD HUGHES CORP	COM	44267D107	1,003	9,115	SH		DFND	2,4	9,115	0	0
HUBBELL INC	COM	443510607	28,383	240,571	SH		DFND	2,4	229,636	10,935	0
HUDSON PAC PPTYS	COM	444097109	27,256	791,860	SH		DFND	2,4	791,860	0	0
HUNTINGTON INGALLS INDS INC	COM	446413106	23,278	112,345	SH		DFND	2,4	105,458	6,887	0
IDACORP INC	COM	451107106	23,914	240,245	SH		DFND	2	225,991	14,254	0
ILLINOIS TOOL WKS INC	COM	452308109	405	2,819	SH		DFND	2	2,819	0	0
INDEPENDENT BK GROUP INC	COM	45384B106	1,207	23,542	SH		DFND	4	23,542	0	0
INGERSOLL-RAND PLC	SHS	G47791101	2,708	25,083	SH		DFND	2,4	25,083	0	0
INNOSPEC INC	COM	45768S105	32,511	390,056	SH		DFND	2	390,056	0	0
INSTALLED BLDG PRODS INC	COM	45780R101	46,446	957,660	SH		DFND	2,4	941,942	15,718	0
INTEL CORP	COM	458140100	1,205	22,455	SH		DFND	2,4	22,455	0	0
INTERCONTINENTAL EXCHANGE IN	COM	45866F104	76,900	1,009,982	SH		DFND	2,4	979,136	12,496	18,350
INTERFACE INC	COM	458665304	37,372	2,439,458	SH		DFND	2,4	2,420,381	19,077	0
INTERXION HOLDING NV	COM	N47279109	1,424	21,340	SH		DFND	2	21,340	0	0
INVESCO POWERSHARES CAPITAL MG	INDIA ETF	46137R109	3,815	150,681	SH		DFND	3	150,681	0	0
INVESCO SENIOR LOAN ETF	ETF	46138G508	118	5,200	SH		DFND	2	5,200	0	0
IRON MTN INC	COM	46284V101	319	8,985	SH		DFND	2	8,985	0	0
ISHARES 7-10 YEAR TREASURY B	ETF	464287440	85	800	SH		DFND	2	800	0	0
ISHARES INDIA 50 ETF	INDIA 50 ETF	464289529	17,392	458,639	SH		DFND	3	458,639	0	0
ISHARES INTL DEV RE ETF	DEV RE ETF	464288489	17	567	SH		DFND	2	567	0	0
ISHARES MSCI INDIA ETF	INDIA ETF	46429B598	54,821	1,555,204	SH		DFND	3	1,555,204	0	0
ISHARES TR	S&P 500 GRWT ETF	464287309	240	1,392	SH		DFND	4	1,392	0	0
ISHARES TR	S&P 500 VAL ETF	464287408	924	8,194	SH		DFND	4	8,194	0	0
ISHARES TR	RUSSELL 2000 ETF	464287655	659	4,307	SH		DFND	4	4,307	0	0
ISHARES TR	CORE S&P US VLU	464287663	1,420	25,896	SH		DFND	4	25,896	0	0
ISHARES TR	CORE S&P500 ETF	464287200	20,062	70,503	SH		DFND	4	70,321	0	182
ISHARES TR	CORE US AGGBD ET	464287226	5,542	50,810	SH		DFND	4	50,810	0	0
ISHARES TR	MSCI EAFE ETF	464287465	1,352	20,849	SH		DFND	4	20,849	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	6,294	33,231	SH		DFND	4	33,164	0	67
ISHARES TR	RUS 1000 GRW ETF	464287614	2,208	14,588	SH		DFND	4	14,588	0	0
ISHARES TR	CORE S&P US GWT	464287671	15,705	260,362	SH		DFND	4	260,362	0	0
ISHARES TR	CORE S&P SCP ETF	464287804	3,020	39,147	SH		DFND	4	38,744	0	403
ISHARES TR	CORE MSCI EAFE	46432F842	2,574	42,351	SH		DFND	4	42,351	0	0
ISHARES TR	0-5YR HI YL CP	46434V407	38,408	822,257	SH		DFND	4	64,483	0	757,774
ISHARES US PREFERRED STOCK E	ETF	464288687	44	1,200	SH		DFND	2	1,200	0	0
ITT INC	COM	45073V108	6	100	SH		DFND	2	0	0	100
J & J SNACK FOODS CORP	COM	466032109	47,282	297,673	SH		DFND	2,4	291,962	5,077	634
JAGGED PEAK ENERGY INC	COM	47009K107	15,957	1,524,135	SH		DFND	2,4	1,524,135	0	0
JERNIGAN CAPITAL INC	COM	476405105	296	14,091	SH		DFND	2	14,091	0	0
JOHNSON & JOHNSON	COM	478160104	205,597	1,470,756	SH		DFND	2,4	1,442,412	13,624	14,720
JPMORGAN CHASE & CO	COM	46625H100	187,650	1,853,695	SH		DFND	2,4	1,812,022	20,687	20,986
KAMAN CORP	COM	483548103	32,261	552,037	SH		DFND	2	552,037	0	0
KAR AUCTION SVCS INC	COM	48238T109	23,118	450,573	SH		DFND	2,4	424,078	24,975	1,520
KINDER MORGAN INC DEL	COM	49456B101	9,772	488,332	SH		DFND	2	488,332	0	0
KIRBY CORP	COM	497266106	379	5,051	SH		DFND	4	5,051	0	0
KLA-TENCOR CORP	COM	482480100	6,698	56,095	SH		DFND	2	56,095	0	0
KNOLL INCNEW	COM	498904200	31,862	1,684,909	SH		DFND	2	1,684,909	0	0
LAM RESEARCH CORP	COM	512807108	37,375	208,791	SH		DFND	2,4	202,442	2,716	3,633
LATTICE SEMICONDUCTOR CORP	COM	518415104	17,024	1,426,987	SH		DFND	2	1,426,987	0	0
LEGACY TEX FINL GROUP INC	COM	52471Y106	31,512	842,785	SH		DFND	2	842,785	0	0
LEIDOS HOLDINGS INC	COM	525327102	14	215	SH		DFND	2	215	0	0
LIBERTY PROPERTY TRUST	SHS BEN INT	531172104	301	6,210	SH		DFND	2	6,210	0	0
LILLY ELI & CO	COM	532457108	469	3,617	SH		DFND	4	3,617	0	0
LINDE PLC	SHS	G5494J103	233	1,325	SH		DFND	4	1,325	0	0
LITTELFUSE INC	COM	537008104	44,981	246,495	SH		DFND	2,4	239,869	6,626	0
LLOYDS BANKING GROUP	COM	539439109	2	706	SH		DFND	2	706	0	0
LMRK 7.04 PERP	CONV PFD UNT C	51508J405	10	400	SH		DFND	2	400	0	0
LYDALL INC	COM	550819106	16,056	684,380	SH		DFND	2	684,380	0	0
MACQUARIE INFRASTRUCTURE CORP.	COM	55608B105	24	575	SH		DFND	2	575	0	0
MAGELLAN MIDSTREAM PRTNRS LP	COM	559080106	51,278	845,757	SH		DFND	2	845,757	0	0
MARATHON OIL CORP	COM	565849106	273	16,353	SH		DFND	2,4	16,053	0	300
MARATHON PETE CORP	COM	56585A102	2,477	41,386	SH		DFND	2	41,286	0	100
MARCUS CORP	COM	566330106	27,976	698,515	SH		DFND	2,4	698,515	0	0
MARKEL CORP	COM	570535104	2,225	2,233	SH		DFND	2	2,233	0	0
MARRIOTT INTERNATIONAL -CL A	COM	571903202	10	80	SH		DFND	2	0	0	80
MARVELL TECHNOLOGY GROUP LTD	COM	G5876H105	3,982	200,245	SH		DFND	2,4	185,065	15,180	0
MATADOR RES CO	COM	576485205	1,842	95,300	SH		DFND	4	95,300	0	0
MAXIM INTEGRATED PRODUCTS, INC	COM	57772K101	5,393	101,435	SH		DFND	2	101,435	0	0
MCCORMICK & CO INC	COM	579780206	8,531	56,633	SH		DFND	2	56,633	0	0
MCDONALDS CORP	COM	580135101	4,270	22,488	SH		DFND	2,4	21,065	1,423	0
MEDTRONIC PLC	COM	G5960L103	90,735	996,215	SH		DFND	2,4	958,614	18,531	19,070
MERCK & CO INC	COM	58933Y105	1,950	23,450	SH		DFND	2,4	23,450	0	0
MERCURY GENL CORP NEW	COM	589400100	48,790	974,440	SH		DFND	2,4	947,125	27,315	0
METHANEX CORP	COM	59151K108	1,365	24,000	SH		DFND	4	24,000	0	0
MICROSOFT CORP	COM	594918104	138,888	1,177,616	SH		DFND	2,4	1,155,325	9,091	13,200
MID-AMER APT CMNTYS INC	COM	59522J103	616	5,631	SH		DFND	2	5,631	0	0
MIDDLEBY CORP	COM	596278101	982	7,555	SH		DFND	2	7,555	0	0
MKS INSTRUMENT INC	COM	55306N104	18,309	196,761	SH		DFND	2,4	186,009	9,997	755
MOHAWK INDS INC	COM	608190104	2,372	18,800	SH		DFND	2	18,800	0	0
MONOLITHIC PWR SYS INC	COM	609839105	19,718	145,534	SH		DFND	2,4	136,766	8,768	0
MONSTER BEVERAGE CORP	COM	61174X109	3,831	70,188	SH		DFND	4	70,188	0	0
MORGAN STANLEY	COM NEW	617446448	54,011	1,279,885	SH		DFND	2,4	1,230,318	23,042	26,525
MOTOROLA SOLUTIONS INC	COM	620076307	104,260	742,486	SH		DFND	2,4	718,174	10,315	13,997
MPLX LP	UNIT REP LTD	55336V100	16,185	492,094	SH		DFND	2	492,094	0	0
MSCI INC	COM	55354G100	1,979	9,953	SH		DFND	4	2,682	0	7,271
NETEASE INC	SPONSORED ADR	64110W102	31,589	130,829	SH		DFND	3	130,829	0	0
NEW JERSEY RES	COM	646025106	652	13,089	SH		DFND	4	13,089	0	0
NEXTERA ENERGY INC	COM	65339F101	111,557	577,056	SH		DFND	2,4	563,759	6,402	6,895
NEXTERA ENERGY PARTNERS LP	COM	65341B106	343	7,360	SH		DFND	2	7,360	0	0
NOBLE MIDSTREAM PARTNERS LP	COM	65506L105	5,425	150,660	SH		DFND	2	150,660	0	0
NOMAD FOODS LTD	COM	G6564A105	36,326	1,776,313	SH		DFND	2,4	1,714,828	61,485	0
NORFOLK SOUTHERN CORP	COM	655844108	4,794	25,655	SH		DFND	2,4	23,914	1,741	0
NORTHROP GRUMMAN CORP	COM	666807102	66,128	245,284	SH		DFND	2,4	241,961	3,323	0
NORTHWESTERN CORP	COM	668074305	31,518	447,630	SH		DFND	2	447,630	0	0
NOVANTA INC	COM	67000B104	35,545	419,506	SH		DFND	2,4	419,506	0	0
NOVARTIS A G	SPONSORED ADR	66987V109	1,859	19,343	SH		DFND	2,4	19,343	0	0
NOVO-NORDISK A S	ADR	670100205	2,462	47,065	SH		DFND	4	13,276	0	33,789
NVENT ELECTRIC PLC	COM	G6700G107	26,922	997,874	SH		DFND	2,4	951,308	45,419	1,147
NVIDIA CORP	COM	67066G104	2,196	12,231	SH		DFND	4	0	0	12,231
O REILLY AUTOMOTIVE INC	COM	67103H107	398	1,025	SH		DFND	2	1,025	0	0
OCCIDENTAL PETE CORP DEL	COM	674599105	333	5,025	SH		DFND	2	4,925	0	100
OMNICELL INC	COM	68213N109	31,385	388,238	SH		DFND	2,4	388,238	0	0
ONEOK INC	COM	682680103	5,789	82,883	SH		DFND	2	82,883	0	0
ORACLE CORP	COM	68389X105	5,130	95,515	SH		DFND	2,4	95,515	0	0
OSI SYSTEMS INC	COM	671044105	30,490	348,063	SH		DFND	2	341,979	6,084	0
OXFORD INDUSTRIES	COM	691497309	42,589	565,885	SH		DFND	2	559,231	6,654	0
PARKER HANNIFIN CORP	COM	701094104	532	3,100	SH		DFND	2	0	0	3,100
PATTERSON COMPANIES	COM	703395103	2,508	114,800	SH		DFND	2	114,800	0	0
PAYPAL HLDGS INC	COM	70450Y103	1,323	12,740	SH		DFND	2,4	12,740	0	0
PEMBINA PIPELINE CORP	COM	706327103	496	13,497	SH		DFND	2	13,497	0	0
PENN VIRGINIA CORP	COM	70788V102	34,894	791,256	SH		DFND	2	776,237	15,019	0
PENTAIR PLC	COM	G7S00T104	16,117	362,110	SH		DFND	2,4	347,220	13,743	1,147
PEPSICO INC	COM	713448108	167,955	1,370,507	SH		DFND	2,4	1,348,291	10,751	11,465
PERKINELMER INC	COM	714046109	30,609	317,652	SH		DFND	2,4	303,201	14,451	0
PFIZER INC	COM	717081103	1,399	32,952	SH		DFND	2,4	32,952	0	0
PHILLIPS 66	COM	718546104	852	8,951	SH		DFND	4	8,951	0	0
PHILLIPS 66 PARTNERS LP	LP COM UNIT	718549207	40,981	782,831	SH		DFND	2	782,831	0	0
PHYSICIANS REALTY TRUST	COM	71943U104	25,629	1,362,484	SH		DFND	2,4	1,357,774	0	4,710
PIONEER NAT RES CO	COM	723787107	506	3,320	SH		DFND	2	3,320	0	0
PLAINS ALL AMERN PIPELINE L P	UNIT LTD PARTN	726503105	17,796	726,080	SH		DFND	2	726,080	0	0
PLAINS GP HLDGS L P SHS A REP	COM	72651A207	857	34,400	SH		DFND	2	34,400	0	0
POLYONE CORP	COM	73179P106	16,721	570,500	SH		DFND	2	547,842	22,658	0
POTLATCHDELTIC CORP	COM	737630103	24,904	659,012	SH		DFND	2	659,012	0	0
PREMIER INC	CL A	74051N102	11,318	328,164	SH		DFND	2,4	305,781	19,485	2,898
PROCTER AND GAMBLE CO	COM	742718109	1,779	17,100	SH		DFND	4	17,100	0	0
PROLOGIS INC	COM	74340W103	905	12,578	SH		DFND	2	12,578	0	0
PROPETRO HOLDING CORP	COM	74347M108	25,071	1,112,305	SH		DFND	2	1,112,305	0	0
PS BUSINESS PKS INC CALIF	COM	69360J107	1,182	7,540	SH		DFND	2	7,540	0	0
PUBLIC STORAGE	COM	74460D109	98,946	454,336	SH		DFND	2,4	448,146	0	6,190
PULTE GROUP INC	COM	745867101	1,116	39,870	SH		DFND	2,4	39,870	0	0
QUALCOMM INC	COM	747525103	2,021	35,443	SH		DFND	4	35,443	0	0
RANGE RES CORP	COM	75281A109	167	14,825	SH		DFND	2	14,825	0	0
RAYMOND JAMES FINANCIAL INC	COM	754730109	1,013	12,599	SH		DFND	2	12,599	0	0
RAYTHEON CO	COM NEW	755111507	59,197	325,114	SH		DFND	2,4	323,412	1,702	0
REGENCY CTRS CORP	COM	758849103	919	13,612	SH		DFND	2	13,612	0	0
REGENERON PHARMACEUTICALS	COM	75886F107	3,003	7,313	SH		DFND	4	7,313	0	0
RENASANT CORP	COM	75970E107	40,632	1,200,353	SH		DFND	2	1,185,630	14,723	0
RETAIL PPTYS AMER INC	CL A	76131V202	11,131	913,128	SH		DFND	4	913,128	0	0
RLJ LODGING TRUST	COM	74965L200	25	1,000	SH		DFND	2	1,000	0	0
ROYAL DUTCH SHELL PLC	SPONS ADR A	780259206	538	8,600	SH		DFND	2,4	8,600	0	0
ROYAL DUTCH SHELL-SPON ADR-B	SPON ADR B	780259107	149	2,325	SH		DFND	2	2,325	0	0
RPM INTERNATIONAL INC	COM	749685103	13,060	225,008	SH		DFND	2,4	212,525	12,483	0
RPT REALTY	SH BEN INT	74971D101	25,236	2,101,315	SH		DFND	2,4	2,101,315	0	0
SAFETY INS GROUP INC	COM	78648T100	15,767	180,936	SH		DFND	2	180,936	0	0
SAP AG - SPONSORED ADR	SPONS ADR	803054204	12	101	SH		DFND	2	101	0	0
SCHLUMBERGER LTD	COM	806857108	2,697	61,879	SH		DFND	2,4	36,794	0	25,085
SEI INVESTMENTS CO	COM	784117103	2,078	39,771	SH		DFND	4	10,950	0	28,821
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	1,239	13,509	SH		DFND	4	13,509	0	0
SELECT SECTOR SPDR TR	SBI CONS DISCR	81369Y407	4,594	40,350	SH		DFND	4	40,350	0	0
SELECT SECTOR SPDR TR	SBI INT-INDS	81369Y704	3,553	47,350	SH		DFND	4	47,350	0	0
SELECT SECTOR SPDR TR	SBI CONS STPLS	81369Y308	3,662	65,250	SH		DFND	4	65,250	0	0
SEMPRA ENERGY	COM	816851109	518	4,115	SH		DFND	2	4,115	0	0
SERVISFIRST BANCSHARES INC	COM	81768T108	728	21,550	SH		DFND	2	21,550	0	0
SHELL MIDSTREAM PARTNERS LP	COM	822634101	6,479	316,836	SH		DFND	2	316,836	0	0
SHERWIN WILLIAMS CO	COM	824348106	31,540	73,227	SH		DFND	2,4	73,227	0	0
SIMON PPTY GROUP INC	COM	828806109	77,087	423,066	SH		DFND	2	415,091	0	7,975
SMITH A O	COM	831865209	517	9,700	SH		DFND	2	0	0	9,700
SMUCKER J M CO	COM	832696405	5,824	49,990	SH		DFND	2	49,990	0	0
SOUTH JERSEY INDS INC	COM	838518108	44,537	1,388,747	SH		DFND	2,4	1,370,446	18,301	0
SOUTH ST CORP	COM	840441109	33,447	489,418	SH		DFND	2,4	489,418	0	0
SOUTHERN COPPER CORP	COM	84265V105	28,951	729,606	SH		DFND	3	729,606	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	3,262	11,548	SH		DFND	4	11,548	0	0
SPDR SER TR	BLOOMBERG SRT TR	78468R408	35,328	1,296,448	SH		DFND	4	0	0	1,296,448
SPDR SERIES TRUST	BLOOMBERG BRCLYS	78464A417	17,320	481,504	SH		DFND	4	0	0	481,504
SPIRIT AIRLINES INC	COM	848577102	857	16,215	SH		DFND	2	16,215	0	0
SRC ENERGY INC	COM	78470V108	24,449	4,775,078	SH		DFND	2,4	4,775,078	0	0
STAG INDUSTRIAL INC	COM	85254J102	59,960	2,022,249	SH		DFND	2,4	2,018,878	0	3,371
STANLEY BLACK & DECKER	UNIT 5/15/2020	854502887	88	900	SH		DFND	2	900	0	0
STARBUCKS CORP	COM	855244109	2,750	36,993	SH		DFND	4	36,993	0	0
STERIS PLC	COM	G8473T100	25,414	198,498	SH		DFND	2,4	188,485	10,013	0
SUMMIT HOTEL PPTYS INC	COM	866082100	33,405	2,927,687	SH		DFND	4	2,927,687	0	0
SUMMIT MATERIALS INC - CL A	CL A	86614U100	14,478	912,248	SH		DFND	2,4	863,741	48,507	0
SUMMIT MIDSTREAM PARTNERS LP	COM	866142102	2,976	305,822	SH		DFND	2	305,822	0	0
T MOBILE US INC	COM	872590104	3,070	44,433	SH		DFND	2,4	40,716	3,717	0
TAIWAN SEMICONDUCTOR MFG LTD	SPONSORED ADS	874039100	32,924	803,792	SH		DFND	2,3,4	803,792	0	0
TALLGRASS ENERGY LP	COM	874696107	5,394	214,553	SH		DFND	2	214,553	0	0
TARGA RES CORP	COM	87612G101	12,646	304,365	SH		DFND	2,4	304,365	0	0
TARGET CORP	COM	87612E106	35,846	446,623	SH		DFND	2	431,831	6,297	8,495
TCG BDC INC	COM	872280102	25	1,700	SH		DFND	2	1,700	0	0
TELEFLEX INC	COM	879369106	24,602	81,422	SH		DFND	2,4	77,012	4,410	0
TENARIS S A SPONSORED ADR	SPONS ADR	88031M109	32,565	1,152,731	SH		DFND	3	1,152,731	0	0
TEXAS INSTRS INC	COM	882508104	71,397	673,110	SH		DFND	2,4	673,110	0	0
THE CHARLES SCHWAB CORPORATION	COM	808513105	10,452	244,424	SH		DFND	4	244,424	0	0
TOTAL SA-SPON ADR	SPONS ADR	89151E109	11	203	SH		DFND	2	203	0	0
TRANSCANADA CORP	COM	89353D107	714	15,885	SH		DFND	2	15,885	0	0
UNDER ARMOUR INC	CL A	904311107	2,281	107,915	SH		DFND	4	107,915	0	0
UNIFIRST CORP MASS	COM	904708104	44,385	289,154	SH		DFND	2,4	284,870	4,284	0
UNION PAC CORP	COM	907818108	154,572	924,473	SH		DFND	2,4	906,515	7,763	10,195
UNITEDHEALTH GROUP INC	COM	91324P102	86,424	349,531	SH		DFND	2,4	339,391	4,039	6,101
UNIVERSAL FOREST PRODUCTS	COM	913543104	31,910	1,067,593	SH		DFND	2	1,067,593	0	0
US BANCORP DEL	COM NEW	902973304	64,001	1,328,077	SH		DFND	2,4	1,286,626	17,901	23,550
V F CORP	COM	918204108	335	3,855	SH		DFND	2	3,855	0	0
VALE S A ADR	ADR	91912E105	6	435	SH		DFND	2	435	0	0
VANGUARD BD INDEX FD INC	LONG TERM BOND	921937793	23,554	255,638	SH		DFND	4	255,638	0	0
VANGUARD CHARLOTTE FDS	INTL BD IDX ETF	92203J407	1,973	35,371	SH		DFND	4	35,056	0	315
VANGUARD GLBL EX-US REAL EST	REAL EST ETF	922042676	12	194	SH		DFND	2	194	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	454	1,749	SH		DFND	4	1,749	0	0
VANGUARD INDEX FDS	GROWTH ETF	922908736	70,559	451,087	SH		DFND	4	164,082	0	287,005
VANGUARD INTL EQUITY INDEX F	FTSE EMR MKT ETF	922042858	13,705	322,462	SH		DFND	4	322,462	0	0
VANGUARD TAX MANAGED INTL FD	FTSE DEV MKT ETF	921943858	37,550	918,769	SH		DFND	4	917,520	0	1,249
VARIAN MED SYS INC	COM	92220P105	1,712	12,083	SH		DFND	4	12,083	0	0
VENTAS INC	COM	92276F100	915	14,336	SH		DFND	2	14,336	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	1,320	22,343	SH		DFND	2,4	22,343	0	0
VIAVI SOLUTIONS INC	COM	925550105	33,108	2,674,313	SH		DFND	2,4	2,674,313	0	0
VISA INC	COM CL A	92826C839	5,049	32,325	SH		DFND	4	32,325	0	0
VODAFONE GROUP PLC NEW SPONS A	SPONS ADR	92857W308	2	120	SH		DFND	2	120	0	0
WALGREENS BOOTS ALLIANCE INC	COM	931427108	454	7,176	SH		DFND	4	7,176	0	0
WALMART INC	COM	931142103	1,295	13,276	SH		DFND	2,4	13,276	0	0
WALT DISNEY CO	COM	254687106	81,970	738,277	SH		DFND	2,4	715,979	11,283	11,015
WEC ENERGY GROUP INC	COM	92939U106	97,805	1,236,788	SH		DFND	2,4	1,202,643	17,075	17,070
WELLS FARGO & CO	COM	949746101	102,408	2,119,367	SH		DFND	2,4	2,046,013	30,059	43,295
WESTERN ALLIANCE BANCORP	COM	957638109	81,629	1,989,015	SH		DFND	2,4	1,914,851	50,287	23,877
WESTERN MIDSTREAM PARTNERS LP	COM	958669103	8,992	286,733	SH		DFND	2	286,733	0	0
WILLIAMS COS INC DEL	COM	969457100	56,411	1,964,174	SH		DFND	2	1,964,174	0	0
WILLIAMS SONOMA INC	COM	969904101	11,030	196,013	SH		DFND	2	185,125	10,888	0
WINTRUST FINL CORP	COM	97650W108	2,253	33,462	SH		DFND	2	22,991	10,471	0
WOODWARD INC	COM	980745103	11,174	117,754	SH		DFND	2,4	108,412	8,094	1,248
WPX ENERGY INC	COM	98212B103	28,358	2,163,111	SH		DFND	2,4	2,067,133	89,568	6,410
YUM BRANDS INC	COM	988498101	1,406	14,084	SH		DFND	4	14,084	0	0
YUM CHINA HLDGS INC	COM	98850P109	3,094	68,886	SH		DFND	4	68,886	0	0
ZAYO GROUP HLDGS INC	COM	98919V105	23,566	829,207	SH		DFND	2,4	786,392	42,815	0
ZIONS BANCORP NA	COM	989701107	29,152	641,980	SH		DFND	2,4	607,313	32,827	1,840
ZOETIS INC	CL A	98978V103	17,903	177,835	SH		DFND	2,4	177,835	0	0