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 INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Expires: July 31, 2015
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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
Alcoa Corporation Common Stocks 013872106 17,658,740 536,903 SH SOLE 536,903 0 0
Alpha Metallurgical Resources, Inc. Common Stocks 020764106 12,307,735 75,006 SH SOLE 75,006 0 0
Alphabet Inc. Class C Common Stocks 02079K107 125,809,893 516,567 SH SOLE 516,567 0 0
Amazon.com, Inc. Common Stocks 023135106 93,071,332 423,880 SH SOLE 423,880 0 0
American Airlines Group Inc. Common Stocks 02376R102 14,228,042 1,265,840 SH SOLE 1,265,840 0 0
American Express Company Common Stocks 025816109 80,416,932 242,103 SH SOLE 242,103 0 0
American International Group, Inc. Common Stocks 026874784 88,165,470 1,122,555 SH SOLE 1,122,555 0 0
Applied Materials, Inc. Common Stocks 038222105 10,565,403 51,604 SH SOLE 51,604 0 0
Arlo Technologies, Inc. Common Stocks 04206A101 10,401,012 613,629 SH SOLE 613,629 0 0
Bank of America Corp Common Stocks 060505104 61,628,073 1,194,574 SH SOLE 1,194,574 0 0
Berkshire Hathaway Inc. Class B Common Stocks 084670702 73,485,506 146,170 SH SOLE 146,170 0 0
Bio-Rad Laboratories, Inc. Class A Common Stocks 090572207 15,176,670 54,127 SH SOLE 54,127 0 0
Booking Holdings Inc. Common Stocks 09857L108 71,416,144 13,227 SH SOLE 13,227 0 0
Broadcom Inc. Common Stocks 11135F101 38,522,931 116,768 SH SOLE 116,768 0 0
Brookfield Corporation Common Stocks 11271J107 5,756,674 83,941 SH SOLE 83,941 0 0
Caesars Entertainment Inc Common Stocks 12769G100 3,779,662 139,858 SH SOLE 139,858 0 0
Capital One Financial Corp Common Stocks 14040H105 56,205,302 264,396 SH SOLE 264,396 0 0
CBRE Group, Inc. Class A Common Stocks 12504L109 88,793,726 563,555 SH SOLE 563,555 0 0
Cemex SAB de CV Sponsored ADR Common Stocks 151290889 43,644,724 4,854,808 SH SOLE 4,854,808 0 0
Charles Schwab Corp Common Stocks 808513105 26,261,601 275,077 SH SOLE 275,077 0 0
Chevron Corporation Common Stocks 166764100 5,993,418 38,595 SH SOLE 38,595 0 0
Citigroup Inc. Common Stocks 172967424 121,752,092 1,199,528 SH SOLE 1,199,528 0 0
Citizens Financial Group, Inc. Common Stocks 174610105 15,316,884 288,128 SH SOLE 288,128 0 0
Coca-Cola FEMSA SAB de CV Sponsored ADR Class L Common Stocks 191241108 6,840,044 82,311 SH SOLE 82,311 0 0
ConocoPhillips Common Stocks 20825C104 26,829,224 283,637 SH SOLE 283,637 0 0
Copa Holdings, S.A. Class A Common Stocks P31076105 7,869,330 66,229 SH SOLE 66,229 0 0
Core Natural Resources Inc Common Stocks 218937100 1,867,782 22,374 SH SOLE 22,374 0 0
Corning Inc Common Stocks 219350105 36,523,037 445,240 SH SOLE 445,240 0 0
Corteva Inc Common Stocks 22052L104 5,981,130 88,439 SH SOLE 88,439 0 0
Costco Wholesale Corporation Common Stocks 22160K105 66,081,651 71,391 SH SOLE 71,391 0 0
Coupang Inc Common Stocks 22266T109 26,827,172 833,142 SH SOLE 833,142 0 0
Credicorp Ltd. Common Stocks G2519Y108 21,209,468 79,651 SH SOLE 79,651 0 0
Cresud SA Sponsored ADR Common Stocks 226406106 5,735,142 623,385 SH SOLE 623,385 0 0
CRH Plc Common Stocks G25508105 9,948,822 82,976 SH SOLE 82,976 0 0
Delta Air Lines, Inc. Common Stocks 247361702 29,272,274 515,811 SH SOLE 515,811 0 0
DHT Holdings, Inc. Common Stocks Y2065G121 43,090,947 3,605,937 SH SOLE 3,605,937 0 0
Diana Shipping Inc Warrant Warrants Y2066G138 40,915 419,638 SH SOLE 419,638 0 0
Diana Shipping Inc. Common Stocks Y2066G104 3,255,210 1,937,625 SH SOLE 1,937,625 0 0
D-MARKET Elektronik Hizmetler ve Ticaret AS Sponso Common Stocks 23292B104 9,946,461 3,697,569 SH SOLE 3,697,569 0 0
Elevance Health, Inc. Common Stocks 036752103 46,006,472 142,382 SH SOLE 142,382 0 0
EPAM Systems, Inc. Common Stocks 29414B104 3,030,427 20,097 SH SOLE 20,097 0 0
Exxon Mobil Corporation Common Stocks 30231G102 5,633,892 49,968 SH SOLE 49,968 0 0
Ferroglobe PLC Common Stocks G33856108 49,478,620 10,874,422 SH SOLE 10,874,422 0 0
FirstCash Holdings, Inc. Common Stocks 33768G107 8,907,323 56,226 SH SOLE 56,226 0 0
Freeport-McMoRan, Inc. Common Stocks 35671D857 59,899,137 1,527,260 SH SOLE 1,527,260 0 0
Funko, Inc. Class A Common Stocks 361008105 4,853,021 1,410,762 SH SOLE 1,410,762 0 0
Golar LNG Limited Common Stocks G9456A100 16,378,415 405,306 SH SOLE 405,306 0 0
Himalaya Shipping Ltd Common Stocks G4660A103 15,784,119 1,917,876 SH SOLE 1,917,876 0 0
Interactive Brokers Group, Inc. Class A Common Stocks 45841N107 81,980,922 1,191,410 SH SOLE 1,191,410 0 0
International Seaways, Inc. Common Stocks Y41053102 31,750,548 689,031 SH SOLE 689,031 0 0
iShares MSCI India ETF Common Stocks 46429B598 2,227,908 42,795 SH SOLE 42,795 0 0
Jefferies Financial Group Inc. Common Stocks 47233W109 31,934,446 488,145 SH SOLE 488,145 0 0
JPMorgan Chase & Co. Common Stocks 46625H100 37,747,508 119,670 SH SOLE 119,670 0 0
Kroger Co. Common Stocks 501044101 16,436,648 243,831 SH SOLE 243,831 0 0
KT Corporation Sponsored ADR Common Stocks 48268K101 674,915 34,611 SH SOLE 34,611 0 0
Lam Research Corporation Common Stocks 512807306 21,444,755 160,155 SH SOLE 160,155 0 0
Lesaka Technologies, Inc. Common Stocks 64107N206 11,326,201 2,729,205 SH SOLE 2,729,205 0 0
Liberty Broadband Corp. Class C Common Stocks 530307305 614,813 9,676 SH SOLE 9,676 0 0
Liberty Latin America Ltd. Class A Common Stocks G9001E102 576,022 69,484 SH SOLE 69,484 0 0
Liberty Latin America Ltd. Class C Common Stocks G9001E128 787,444 93,299 SH SOLE 93,299 0 0
Liberty Media Corp. Series A Liberty Formula One Common Stocks 531229771 433,346 4,551 SH SOLE 4,551 0 0
Liberty Media Corp. Series A Liberty Live Common Stocks 531229748 519,216 5,506 SH SOLE 5,506 0 0
Liberty Media Corp. Series C Liberty Formula One Common Stocks 531229755 9,560,726 91,534 SH SOLE 91,534 0 0
Liberty Media Corp. Series C Liberty Live Common Stocks 531229722 765,578 7,895 SH SOLE 7,895 0 0
Liberty Sirius Xm Holdings Inc Common Stocks 829933100 950,993 40,859 SH SOLE 40,859 0 0
Loews Corporation Common Stocks 540424108 9,197,531 91,618 SH SOLE 91,618 0 0
Loma Negra Cia Industrial Arge Common Stocks 54150E104 4,787,780 649,631 SH SOLE 649,631 0 0
Louisiana-Pacific Corporation Common Stocks 546347105 20,113,909 226,406 SH SOLE 226,406 0 0
LyondellBasell Industries NV Common Stocks N53745100 29,207,586 595,587 SH SOLE 595,587 0 0
Marathon Petroleum Corporation Common Stocks 56585A102 32,740,551 169,869 SH SOLE 169,869 0 0
Masco Corporation Common Stocks 574599106 10,184,448 144,686 SH SOLE 144,686 0 0
MBIA Inc. Common Stocks 55262C100 11,562,564 1,552,022 SH SOLE 1,552,022 0 0
MGM Resorts International Common Stocks 552953101 25,425,779 733,577 SH SOLE 733,577 0 0
Microchip Technology Incorporated Common Stocks 595017104 14,492,527 225,670 SH SOLE 225,670 0 0
Micron Technology, Inc. Common Stocks 595112103 104,063,503 621,943 SH SOLE 621,943 0 0
Millicom International Cellular Common Stocks L6388F110 18,308,366 377,181 SH SOLE 377,181 0 0
Montauk Renewables, Inc. Common Stocks 61218C103 795,855 395,948 SH SOLE 395,948 0 0
Morgan Stanley Common Stocks 617446448 30,524,453 192,026 SH SOLE 192,026 0 0
Noble Corporation PLC Class A Common Stocks G65431127 29,322,146 1,036,851 SH SOLE 1,036,851 0 0
Nu Holdings Ltd. Class A Common Stocks G6683N103 14,621,981 913,303 SH SOLE 913,303 0 0
Occidental Petroleum Corporation Common Stocks 674599105 26,003,471 550,338 SH SOLE 550,338 0 0
PayPal Holdings, Inc. Common Stocks 70450Y103 13,437,818 200,385 SH SOLE 200,385 0 0
Peabody Energy Corporation Common Stocks 704551100 10,185,033 384,051 SH SOLE 384,051 0 0
Permian Basin Royalty Trust Common Stocks 714236106 5,611,017 307,453 SH SOLE 307,453 0 0
Philip Morris International Inc. Common Stocks 718172109 15,417,110 95,050 SH SOLE 95,050 0 0
PNC Financial Services Group, Inc. Common Stocks 693475105 7,413,312 36,895 SH SOLE 36,895 0 0
Quaker Houghton Common Stocks 747316107 15,172,989 115,165 SH SOLE 115,165 0 0
QUALCOMM Incorporated Common Stocks 747525103 11,343,257 68,185 SH SOLE 68,185 0 0
RLX Technology, Inc. Sponsored ADR Class A Common Stocks 74969N103 5,189,119 1,973,049 SH SOLE 1,973,049 0 0
Royalty Pharma Plc Class A Common Stocks G7709Q104 6,018,909 170,604 SH SOLE 170,604 0 0
Ryanair Holdings Plc Sponsored ADR Common Stocks 783513203 29,691,772 493,055 SH SOLE 493,055 0 0
Scorpio Tankers Inc. Common Stocks Y7542C130 10,702,804 190,951 SH SOLE 190,951 0 0
Seadrill Ltd Common Stocks G7997W102 18,820,075 622,975 SH SOLE 622,975 0 0
Seagate Technology Holdings PLC Common Stocks G7997R103 25,796,637 109,280 SH SOLE 109,280 0 0
SL Green Realty Corp. Common Stocks 78440X887 14,643,222 244,829 SH SOLE 244,829 0 0
Steel Dynamics, Inc. Common Stocks 858119100 22,870,285 164,027 SH SOLE 164,027 0 0
Synchrony Financial Common Stocks 87165B103 54,434,673 766,146 SH SOLE 766,146 0 0
Taiwan Semiconductor Manufacturing Co., Ltd. Spons Common Stocks 874039100 7,461,232 26,715 SH SOLE 26,715 0 0
Texas Pacific Land Corporation Common Stocks 88262P102 10,317,656 11,051 SH SOLE 11,051 0 0
Thor Industries, Inc. Common Stocks 885160101 6,736,636 64,969 SH SOLE 64,969 0 0
Tidewater Inc Common Stocks 88642R109 31,193,250 584,910 SH SOLE 584,910 0 0
TopBuild Corp. Common Stocks 89055F103 14,028,747 35,892 SH SOLE 35,892 0 0
Transocean Ltd. Common Stocks H8817H100 3,363,117 1,077,922 SH SOLE 1,077,922 0 0
Trupanion Inc Common Stocks 898202106 18,650,650 430,930 SH SOLE 430,930 0 0
Union Pacific Corporation Common Stocks 907818108 16,258,947 68,786 SH SOLE 68,786 0 0
Valaris Ltd. Common Stocks G9460G101 12,065,259 247,391 SH SOLE 247,391 0 0
Veeco Instruments Inc. Common Stocks 922417100 2,411,060 79,233 SH SOLE 79,233 0 0
VICI Properties Inc Common Stocks 925652109 10,456,527 320,654 SH SOLE 320,654 0 0
Vipshop Holdings Ltd Sponsored ADR Common Stocks 92763W103 11,165,085 568,487 SH SOLE 568,487 0 0
Visa Inc. Class A Common Stocks 92826C839 10,603,946 31,062 SH SOLE 31,062 0 0
Vista Energy Sab DE CV Sponsored ADR Class A Common Stocks 92837L109 3,942,240 114,600 SH SOLE 114,600 0 0
Vitesse Energy, Inc. Common Stocks 92852X103 796,696 34,296 SH SOLE 34,296 0 0
Walt Disney Company Common Stocks 254687106 11,819,835 103,230 SH SOLE 103,230 0 0
Warrior Met Coal, Inc. Common Stocks 93627C101 41,277,413 648,608 SH SOLE 648,608 0 0
Wells Fargo & Company Common Stocks 949746101 49,966,946 596,122 SH SOLE 596,122 0 0
Willis Towers Watson Public Limited Company Common Stocks G96629103 11,161,490 32,310 SH SOLE 32,310 0 0