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
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
1 800 FLOWERS COM INC CL A COM 68243Q106 3,826 485,500 SH   SOLE   485,500 0 0
AARON'S INC COM 002535300 1,205 48,000 SH   SOLE   48,000 0 0
ABM INDS INC COM COM 000957100 971 30,050 SH   SOLE   30,050 0 0
ABRAXAS PETE CORP COM 003830106 22 21,554 SH   SOLE   21,554 0 0
ACCURAY INC COM COM 004397105 191 32,960 SH   SOLE   32,960 0 0
ACCURIDE CORP NEW COM 00439T206 655 422,550 SH   SOLE   422,550 0 0
ACME UTD CORP COM COM 004816104 2,078 127,200 SH   SOLE   127,200 0 0
ACTIVISION BLIZZARD,INC COM 00507V109 2,163 63,925 SH   SOLE   63,925 0 0
AEP INDS INC COM COM 001031103 4,916 74,492 SH   SOLE   74,492 0 0
AEROJET ROCKETDYNE HOLDINGS COM 007800105 19,966 1,218,900 SH   SOLE   1,218,900 0 0
AES CORP COM COM 00130H105 2,271 192,449 SH   SOLE   192,449 0 0
AFFILIATED MANAGERS GROUP COM 008252108 2,303 14,184 SH   SOLE   14,184 0 0
ALERE INC COM 01449J105 643 12,700 SH   SOLE   12,700 0 0
ALEXION PHARMACEUTICALS INC CO COM 015351109 2,976 21,376 SH   SOLE   21,376 0 0
ALPHABET CLASS C COM 02079K107 223 300 SH   SOLE   300 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 3,281 80,000 SH   SOLE   80,000 0 0
AMERICAN EAGLE OUTFITTERS INCO COM 02553E106 1,204 72,200 SH   SOLE   72,200 0 0
AMERICAN INTERNATIONAL GROUP I COM 026874784 270 5,000 SH   SOLE   5,000 0 0
AMERICAN RAILCAR INDS INC COM COM 02916P103 378 9,292 SH   SOLE   9,292 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 1,296 144,013 SH   SOLE   144,013 0 0
AMERICAN TOWER CORP-CL A COM 03027X100 4,380 42,783 SH   SOLE   42,783 0 0
AMPCO PITTSBURGH CORP COM 032037103 5,912 425,000 SH   SOLE   425,000 0 0
AMTECH SYS INC COM PAR $0.01N COM 032332504 117 18,000 SH   SOLE   18,000 0 0
ANCHOR BANK CORP COM 032838104 1,199 49,400 SH   SOLE   49,400 0 0
ANGIODYNAMICS INC COM COM 03475V101 748 60,866 SH   SOLE   60,866 0 0
APPLE INC COM 037833100 458 4,200 SH   SOLE   4,200 0 0
ARCTIC CAT INC COM COM 039670104 431 25,684 SH   SOLE   25,684 0 0
ARTESIAN RES CORP COM CL A COM 043113208 677 24,226 SH   SOLE   24,226 0 0
ASCENT CAPITAL GROUP INC COM 043632108 4,326 292,079 SH   SOLE   292,079 0 0
ASTEC INDS INC COM COM 046224101 15,287 327,560 SH   SOLE   327,560 0 0
ASTRONICS CORP COM COM 046433108 515 13,500 SH   SOLE   13,500 0 0
ATLANTIC AMERN CORP COM COM 048209100 89 20,000 SH   SOLE   20,000 0 0
ATLANTIC TELE NETWORK INC COM COM 049079205 5,096 67,200 SH   SOLE   67,200 0 0
AVID TECHNOLOGY INC COM 05367P100 426 63,000 SH   SOLE   63,000 0 0
AZZ INC COM COM 002474104 1,132 20,000 SH   SOLE   20,000 0 0
BADGER METER INC COM COM 056525108 931 14,000 SH   SOLE   14,000 0 0
BANKUNITED INC COM COM 06652K103 4,530 131,526 SH   SOLE   131,526 0 0
BASSETT FURNITURE INDS COM 070203104 4,836 151,800 SH   SOLE   151,800 0 0
BBCN BANCORP INC COM 073295107 1,046 68,850 SH   SOLE   68,850 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 2,565 730,800 SH   SOLE   730,800 0 0
BENEFICIAL BANCORP INC COM 08171T102 383 27,998 SH   SOLE   27,998 0 0
BERKSHIRE HILLS BANCORP INC CO COM 084680107 335 12,446 SH   SOLE   12,446 0 0
BEST BUY INC COM COM 086516101 227 7,000 SH   SOLE   7,000 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 3,183 286,500 SH   SOLE   286,500 0 0
BIGLARI HOLDINGS INC COM 08986R101 4,831 12,997 SH   SOLE   12,997 0 0
BIOLASE TECHNOLOGY INC COM COM 090911108 447 341,461 SH   SOLE   341,461 0 0
BIOSCRIP INC COM 09069N108 1,401 654,701 SH   SOLE   654,701 0 0
BIOTELEMETRY INC COM COM 090672106 1,695 145,100 SH   SOLE   145,100 0 0
BLOUNT INTL INC NEW COM COM 095180105 1,697 170,000 SH   SOLE   170,000 0 0
BLUCORA INC COM 095229100 1,119 216,785 SH   SOLE   216,785 0 0
BON-TON STORES INC COM COM 09776J101 1,022 450,000 SH   SOLE   450,000 0 0
BOSTON BEER INC CL A COM 100557107 1,573 8,500 SH   SOLE   8,500 0 0
BOTTOMLINE TECH DEL INC COM COM 101388106 497 16,300 SH   SOLE   16,300 0 0
BOYD GAMING CORP COM 103304101 1,483 71,800 SH   SOLE   71,800 0 0
BRIGGS & STRATTON CORPORATION COM 109043109 431 18,000 SH   SOLE   18,000 0 0
BRIGHT HORIZONS FAM SOL IN DCO COM 109194100 1,898 29,294 SH   SOLE   29,294 0 0
BRINKS CO COM COM 109696104 904 26,900 SH   SOLE   26,900 0 0
BROADWIND ENERGY INC COM NEW COM 11161T207 269 89,440 SH   SOLE   89,440 0 0
BROWN & BROWN INC COM COM 115236101 583 16,284 SH   SOLE   16,284 0 0
BUILDERS FIRSTSOURCE COM 12008R107 398 35,300 SH   SOLE   35,300 0 0
BURLINGTON STORES INC COM COM 122017106 3,016 53,623 SH   SOLE   53,623 0 0
CABOT MICROELECTRONICS COM 12709P103 1,342 32,800 SH   SOLE   32,800 0 0
CADIZ INC COM 127537207 236 45,174 SH   SOLE   45,174 0 0
CALAVO GROWERS INC COM COM 128246105 3,309 58,000 SH   SOLE   58,000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 663 24,800 SH   SOLE   24,800 0 0
CALLAWAY GOLF CO COM COM 131193104 508 55,687 SH   SOLE   55,687 0 0
CALLIDUS SOFTWARE INC COM COM 13123E500 5,288 317,000 SH   SOLE   317,000 0 0
CALLON PETE CO DEL COM COM 13123X102 1,724 194,844 SH   SOLE   194,844 0 0
CAMBIUM LEARNING GRP INC COM COM 13201A107 43 10,000 SH   SOLE   10,000 0 0
CANTEL MEDICAL CORP COM COM 138098108 11,844 165,973 SH   SOLE   165,973 0 0
CANTERBURY PK HLDG CORP COM 13811E101 3,679 355,100 SH   SOLE   355,100 0 0
CARBONITE INC COM 141337105 595 74,687 SH   SOLE   74,687 0 0
CARDIOVASCULAR SYS INC DEL COM COM 141619106 1,152 111,100 SH   SOLE   111,100 0 0
CAREDX INC COM 14167L103 50 10,000 SH   SOLE   10,000 0 0
CARPENTER TECHNOLOGY CORP COM COM 144285103 541 15,800 SH   SOLE   15,800 0 0
CARRIZO OIL & CO INC COM COM 144577103 637 20,600 SH   SOLE   20,600 0 0
CASCADE MICROTECH INC COM COM 147322101 4,870 236,160 SH   SOLE   236,160 0 0
CASELLA WASTE SYS INC CL A COM 147448104 4,068 607,228 SH   SOLE   607,228 0 0
CASTLE A M & CO COM COM 148411101 54 20,000 SH   SOLE   20,000 0 0
CASTLIGHT HEALTH INC-B COM 14862Q100 727 218,217 SH   SOLE   218,217 0 0
CAVCO INDUSTRIES COM 149568107 5,327 57,000 SH   SOLE   57,000 0 0
CBRE GROUP INC CL A COM 12504L109 4,148 143,918 SH   SOLE   143,918 0 0
CECO ENVIRONMENTAL CORP COM COM 125141101 98 15,718 SH   SOLE   15,718 0 0
CENVEO INC COM COM 15670S105 6 14,000 SH   SOLE   14,000 0 0
CEPHEID COM COM 15670R107 2,085 62,500 SH   SOLE   62,500 0 0
CHASE CORP COM 16150R104 6,159 117,122 SH   SOLE   117,122 0 0
CHEESECAKE FACTORY INC COM 163072101 2,920 55,000 SH   SOLE   55,000 0 0
CHEMTURA CORP COM NEW COM 163893209 2,944 111,500 SH   SOLE   111,500 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 2,440 38,750 SH   SOLE   38,750 0 0
CHIPOTLE MEXICAN GRILL INC CL COM 169656105 914 1,941 SH   SOLE   1,941 0 0
CHUBB LTD COM H1467J104 3,024 25,382 SH   SOLE   25,382 0 0
CHURCHILL DOWNS INC COM COM 171484108 10,136 68,540 SH   SOLE   68,540 0 0
CIMAREX ENERGY CO COM COM 171798101 3,020 31,048 SH   SOLE   31,048 0 0
CINCINNATI BELL COM 171871106 5,140 1,328,115 SH   SOLE   1,328,115 0 0
CINEDIGM CORP COM COM 172406100 3 16,000 SH   SOLE   16,000 0 0
CIRCOR INTL INC COM COM 17273K109 8,578 184,900 SH   SOLE   184,900 0 0
CITIZENS & NORTHN CORP COM COM 172922106 362 18,200 SH   SOLE   18,200 0 0
CME GROUP INC COM COM 12572Q105 269 2,800 SH   SOLE   2,800 0 0
COBIZ FINANCIAL INC COM COM 190897108 1,525 129,039 SH   SOLE   129,039 0 0
COCA-COLA ENTERPRISES, INC. COM 19122T109 3,160 62,278 SH   SOLE   62,278 0 0
COGENTIX MEDICAL INC COM 19243A104 132 120,000 SH   SOLE   120,000 0 0
COHEN & STEERS INC COM COM 19247A100 4,087 105,000 SH   SOLE   105,000 0 0
COLUMBIA BKG SYS INC COM COM 197236102 239 8,001 SH   SOLE   8,001 0 0
COLUMBUS MCKINNON CORP N Y COM COM 199333105 2,012 127,660 SH   SOLE   127,660 0 0
COMMUNICATIONS SYS COM 203900105 2,245 305,390 SH   SOLE   305,390 0 0
COMSCORE INC COM 20564W105 1,802 60,000 SH   SOLE   60,000 0 0
CONSOLIDATED COMM HLDGS INC CO COM 209034107 1,051 40,801 SH   SOLE   40,801 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 791 65,000 SH   SOLE   65,000 0 0
CORE MOLDING TECH COM COM 218683100 3,859 309,202 SH   SOLE   309,202 0 0
CORNERSTONE ONDEMAND INC COM COM 21925Y103 4,503 137,409 SH   SOLE   137,409 0 0
CORRECTIONS CORP AMER NEW COM COM 22025Y407 2,753 85,910 SH   SOLE   85,910 0 0
COTT CORP COM COM 22163N106 1,528 110,000 SH   SOLE   110,000 0 0
COVISINT CORP COM 22357R103 648 324,037 SH   SOLE   324,037 0 0
CROWN HOLDINGS INC COM COM 228368106 377 7,600 SH   SOLE   7,600 0 0
CROWN MEDIA HLDGS INC CL A COM 228411104 676 133,000 SH   SOLE   133,000 0 0
CTS CORP COM 126501105 5,487 348,577 SH   SOLE   348,577 0 0
CUMMINS ENGINE INC COM 231021106 2,279 20,725 SH   SOLE   20,725 0 0
CUMULUS MEDIA INC CL A COM 231082108 18 38,000 SH   SOLE   38,000 0 0
CUTERA INC COM COM 232109108 3,814 339,000 SH   SOLE   339,000 0 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 1,240 143,200 SH   SOLE   143,200 0 0
DAKOTA PLAINS HLDGS INC COM COM 234255107 1 15,000 SH   SOLE   15,000 0 0
DAKTRONICS INC COM COM 234264109 474 60,000 SH   SOLE   60,000 0 0
DANA HOLDING CORP COM COM 235825205 1,479 105,000 SH   SOLE   105,000 0 0
DATAWATCH CORP COM NEW COM 237917208 149 30,000 SH   SOLE   30,000 0 0
DAWSON GEOPHYSICAL CO NEW COM COM 239360100 82 18,000 SH   SOLE   18,000 0 0
DELTA NAT GAS INC COM COM 247748106 2,431 105,000 SH   SOLE   105,000 0 0
DENNYS CORP COM COM 24869P104 787 76,000 SH   SOLE   76,000 0 0
DESTINATION XL GROUP INC COM 25065K104 155 30,000 SH   SOLE   30,000 0 0
DIGI INTL INC COM COM 253798102 529 56,101 SH   SOLE   56,101 0 0
DIME CMNTY BANCORP INC COM COM 253922108 631 35,800 SH   SOLE   35,800 0 0
DIPLOMAT PHARMACY INC COM COM 25456K101 1,351 49,290 SH   SOLE   49,290 0 0
DISCOVERY COMMS NEW SER C COM 25470F302 3,710 137,393 SH   SOLE   137,393 0 0
DOVER DOWNS GAMING & ENTMT INC COM 260095104 149 139,000 SH   SOLE   139,000 0 0
DUCOMMUN INC DEL COM COM 264147109 1,916 125,642 SH   SOLE   125,642 0 0
DXP ENTERPRISES INC NEW COM NE COM 233377407 214 12,200 SH   SOLE   12,200 0 0
EARTHLINK HLDGS CORP COM COM 27033X101 3,375 595,250 SH   SOLE   595,250 0 0
EASTERN CO COM COM 276317104 5,435 331,022 SH   SOLE   331,022 0 0
ECOLAB INC COM 278865100 3,346 30,006 SH   SOLE   30,006 0 0
EDGEWATER TECHNOLOGY INC COM COM 280358102 5,496 705,520 SH   SOLE   705,520 0 0
ELDORADO RESORTS INC COM COM 28470R102 904 79,000 SH   SOLE   79,000 0 0
ELECTRO SCIENTIFIC INDS INC CO COM 285229100 532 74,439 SH   SOLE   74,439 0 0
ELECTROMED INC COM COM 285409108 322 77,500 SH   SOLE   77,500 0 0
ELIZABETH ARDEN INC COM 28660G106 311 38,000 SH   SOLE   38,000 0 0
EMCOR GROUP INC COM COM 29084Q100 1,147 23,600 SH   SOLE   23,600 0 0
ENERGY RECOVERY INC COM 29270J100 703 68,000 SH   SOLE   68,000 0 0
ENERSYS COM COM 29275Y102 990 17,776 SH   SOLE   17,776 0 0
ENTEGRIS INC COM COM 29362U104 4,134 303,500 SH   SOLE   303,500 0 0
ENTERCOM COMMUNICATIONS CORPCL COM 293639100 917 86,700 SH   SOLE   86,700 0 0
ENTRAVISION COMM CORP CL A COM 29382R107 5,340 717,763 SH   SOLE   717,763 0 0
EQUINIX INC COM COM 29444U700 4,713 14,251 SH   SOLE   14,251 0 0
ETHAN ALLEN INTERIORS INC COM COM 297602104 5,495 172,678 SH   SOLE   172,678 0 0
EVINE LIVE INC COM 300487105 280 239,200 SH   SOLE   239,200 0 0
EXACT SCIENCES CORP COM COM 30063P105 2,180 323,429 SH   SOLE   323,429 0 0
EXACTECH INC COM COM 30064E109 4,710 232,473 SH   SOLE   232,473 0 0
EXELIXIS INC COM COM 30161Q104 800 200,000 SH   SOLE   200,000 0 0
EXPEDITORS INTL WASH INC COM COM 302130109 2,303 47,190 SH   SOLE   47,190 0 0
EXTREME NETWORKS INC COM COM 30226D106 1,715 551,400 SH   SOLE   551,400 0 0
FALCONSTOR SOFTWARE INC COM COM 306137100 1,072 800,000 SH   SOLE   800,000 0 0
FAMOUS DAVES AMER INC COM COM 307068106 562 92,203 SH   SOLE   92,203 0 0
FARMER BROS CO COM 307675108 5,460 195,913 SH   SOLE   195,913 0 0
FARMERS NATL BANC CORP COM COM 309627107 356 40,000 SH   SOLE   40,000 0 0
FARO TECHNOLOGIES INC COM COM 311642102 667 20,700 SH   SOLE   20,700 0 0
FEDERAL MOGUL CORP CL A COM 313549404 3,952 400,000 SH   SOLE   400,000 0 0
FEDERAL SIGNAL CORP COM COM 313855108 9,812 740,000 SH   SOLE   740,000 0 0
FERRO CORP COM 315405100 14,280 1,203,000 SH   SOLE   1,203,000 0 0
FIDELITY SOUTHERN CORP COM 316394105 183 11,418 SH   SOLE   11,418 0 0
FINANCIAL ENGINES INC COM COM 317485100 1,389 44,180 SH   SOLE   44,180 0 0
FIRST INTERNET BANCORP COM COM 320557101 748 32,000 SH   SOLE   32,000 0 0
FLOTEK INDS INC DEL COM COM 343389102 185 25,300 SH   SOLE   25,300 0 0
FLUSHING FINL CORP COM COM 343873105 12,901 596,700 SH   SOLE   596,700 0 0
FORMFACTOR INC COM COM 346375108 3,053 419,928 SH   SOLE   419,928 0 0
FORTINET INC COM COM 34959E109 6,654 217,223 SH   SOLE   217,223 0 0
FORTUNE BRANDS HOME & SECURITY COM 34964C106 4,328 77,235 SH   SOLE   77,235 0 0
FOSTER L B CO COM COM 350060109 1,218 67,089 SH   SOLE   67,089 0 0
FREQUENCY ELECTRS INC COM COM 358010106 200 20,000 SH   SOLE   20,000 0 0
FRP HLDGS INC COM COM 30292L107 819 23,000 SH   SOLE   23,000 0 0
FTI CONSULTING INC COM COM 302941109 1,231 34,668 SH   SOLE   34,668 0 0
FULL HOUSE RESORTS INC COM COM 359678109 374 260,000 SH   SOLE   260,000 0 0
GAMING & LEISURE PPTYS INC COM COM 36467J108 2,187 70,746 SH   SOLE   70,746 0 0
GAS NAT INC COM COM 367204104 219 28,000 SH   SOLE   28,000 0 0
GASTAR EXPL INC NEW COM COM 36729W202 105 95,800 SH   SOLE   95,800 0 0
GENCOR INDS INC COM COM 368678108 5,248 358,974 SH   SOLE   358,974 0 0
GENERAL ELEC CO COM 369604103 223 7,000 SH   SOLE   7,000 0 0
GENESIS HEALTHCARE INC CL A CO COM 37185X106 97 42,000 SH   SOLE   42,000 0 0
GENTHERM INC COM COM 37253A103 557 13,400 SH   SOLE   13,400 0 0
GIBRALTER INDUSTRIES INC COM 374689107 4,033 141,000 SH   SOLE   141,000 0 0
GLACIER BANCORP INC NEW COM COM 37637Q105 646 25,400 SH   SOLE   25,400 0 0
GLOBAL POWER EQUIPMENT GRP INC COM 37941P306 138 46,000 SH   SOLE   46,000 0 0
GLOBAL SOURCES LTD COM COM G39300101 3,720 459,202 SH   SOLE   459,202 0 0
GOLDEN ENTERTAINMENT INC COM 381013101 5,014 462,563 SH   SOLE   462,563 0 0
GORMAN RUPP CO COM 383082104 3,189 123,000 SH   SOLE   123,000 0 0
GP STRATEGIES CORP COM COM 36225V104 2,775 101,271 SH   SOLE   101,271 0 0
GRAHAM CORP COM COM 384556106 657 33,000 SH   SOLE   33,000 0 0
GRAY TELEVISION, INC COM 389375106 3,018 257,500 SH   SOLE   257,500 0 0
GRAY TELEVISION, INC CL A COM 389375205 828 80,042 SH   SOLE   80,042 0 0
GREATBATCH INC COM 39153L106 356 10,000 SH   SOLE   10,000 0 0
GREENBRIER COS INC COM 393657101 1,155 41,800 SH   SOLE   41,800 0 0
GRIFFIN INDUSTRIAL REALTY IN COM 398231100 6,020 245,094 SH   SOLE   245,094 0 0
GRIFFON CORP COM COM 398433102 6,685 432,703 SH   SOLE   432,703 0 0
GSE SYS INC COM COM 36227K106 55 20,000 SH   SOLE   20,000 0 0
GUIDANCE SOFTWARE INC COM COM 401692108 2,552 593,507 SH   SOLE   593,507 0 0
GULF ISLAND FABRICATION INC CO COM 402307102 131 16,671 SH   SOLE   16,671 0 0
GULFPORT ENERGY CORP COM NEW COM 402635304 2,229 78,653 SH   SOLE   78,653 0 0
GYRODYNE LLC COM COM 403829104 200 7,431 SH   SOLE   7,431 0 0
HAIN CELESTIAL GROUP INC COM 405217100 3,273 80,000 SH   SOLE   80,000 0 0
HALLMARK FINL SVCS INC ECCOM N COM 40624Q203 2,114 183,860 SH   SOLE   183,860 0 0
HANCOCK HOLDING CO COM 410120109 344 15,000 SH   SOLE   15,000 0 0
HANDY & HARMAN HOLDINGS LTD COM 410315105 246 9,000 SH   SOLE   9,000 0 0
HANESBRANDS INC COM COM 410345102 1,985 70,026 SH   SOLE   70,026 0 0
HARVARD BIOSCIENCE INC COM COM 416906105 469 155,392 SH   SOLE   155,392 0 0
HAVERTY FURNITURE INC COM COM 419596101 440 20,800 SH   SOLE   20,800 0 0
HAWKINS INC COM COM 420261109 5,741 159,081 SH   SOLE   159,081 0 0
HAYNES INTERNATIONAL INC COM 420877201 986 27,000 SH   SOLE   27,000 0 0
HC2 HLDGS INC COM COM 404139107 2,728 714,117 SH   SOLE   714,117 0 0
HEADWATERS INC COM COM 42210P102 2,680 135,100 SH   SOLE   135,100 0 0
HEMISPHERE MEDIA GROUP INC CL COM 42365Q103 437 33,300 SH   SOLE   33,300 0 0
HERITAGE COMMERCE CORP COM COM 426927109 260 26,000 SH   SOLE   26,000 0 0
HESKA CORPORATION COM NEW COM 42805E306 1,083 38,000 SH   SOLE   38,000 0 0
HEXCEL CORP NEW COM COM 428291108 4,007 91,678 SH   SOLE   91,678 0 0
HILLTOP HOLDINGS INC COM COM 432748101 1,510 80,000 SH   SOLE   80,000 0 0
HOME DEPOT INC COM 437076102 267 2,000 SH   SOLE   2,000 0 0
HOMESTREET INC COM COM 43785V102 624 30,000 SH   SOLE   30,000 0 0
HONEYWELL INT'L INC COM 438516106 224 2,000 SH   SOLE   2,000 0 0
HUDSON TECHNOLOGIES INC COM COM 444144109 353 107,700 SH   SOLE   107,700 0 0
HUTTIG BLDG PRODS INC COM COM 448451104 3,189 866,565 SH   SOLE   866,565 0 0
HYATT HOTELS CORP COM CL A COM 448579102 2,972 60,061 SH   SOLE   60,061 0 0
ICF INTL INC COM COM 44925C103 801 23,300 SH   SOLE   23,300 0 0
ICU MEDICAL INC COM 44930G107 803 7,714 SH   SOLE   7,714 0 0
IHS INC CL A COM 451734107 3,148 25,357 SH   SOLE   25,357 0 0
ILLUMINA COM 452327109 2,810 17,334 SH   SOLE   17,334 0 0
IMAX CORP COM COM 45245E109 995 32,000 SH   SOLE   32,000 0 0
INCYTE GENOMICS INC COM COM 45337C102 2,563 35,371 SH   SOLE   35,371 0 0
INFUSYSTEM HLDGS INC COM COM 45685K102 2,231 633,835 SH   SOLE   633,835 0 0
INGLES MKTS INC CL A COM 457030104 6,495 173,200 SH   SOLE   173,200 0 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 444 168,710 SH   SOLE   168,710 0 0
INSIGNIA SYS INC COM COM 45765Y105 896 314,509 SH   SOLE   314,509 0 0
INSULET CORP COM COM 45784P101 2,458 74,137 SH   SOLE   74,137 0 0
INTERNAP NETWORK SVCS CORP COM COM 45885A300 1,517 555,590 SH   SOLE   555,590 0 0
INTERSIL HLDG CORP CL A COM 46069S109 1,095 81,900 SH   SOLE   81,900 0 0
INTEVAC INC COM COM 461148108 814 180,869 SH   SOLE   180,869 0 0
INTRICON CORP COM COM 46121H109 1,142 179,234 SH   SOLE   179,234 0 0
INVACARE CORP COM COM 461203101 2,923 221,970 SH   SOLE   221,970 0 0
INVENTURE FOODS INC COM 461212102 1,426 252,394 SH   SOLE   252,394 0 0
INVESCO LTD COM G491BT108 2,856 92,811 SH   SOLE   92,811 0 0
INVESTORS BANCORP INC COM 46146L101 1,199 103,046 SH   SOLE   103,046 0 0
IRIDIUM COMMUNICATIONS INC COM COM 46269C102 79 10,000 SH   SOLE   10,000 0 0
ITC HLDGS CORP COM COM 465685105 5,442 124,892 SH   SOLE   124,892 0 0
ITERIS INC COM 46564T107 49 20,000 SH   SOLE   20,000 0 0
IXIA COM COM 45071R109 1,807 145,000 SH   SOLE   145,000 0 0
IXYS CORP DEL COM COM 46600W106 1,051 93,700 SH   SOLE   93,700 0 0
J.P. MORGAN CHASE & CO COM 46625H100 201 3,400 SH   SOLE   3,400 0 0
JA SOLAR HOLDINGS CO LTD SPON COM 466090206 338 39,200 SH   SOLE   39,200 0 0
JAMBA INC COM NEW COM 47023A309 438 35,400 SH   SOLE   35,400 0 0
JASON INDS INC COM COM 471172106 88 25,000 SH   SOLE   25,000 0 0
JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 5,508 97,649 SH   SOLE   97,649 0 0
JOURNAL MEDIA GROUP INC COM COM 48114A109 4,214 352,367 SH   SOLE   352,367 0 0
KAMAN CORP COM 483548103 8,423 197,301 SH   SOLE   197,301 0 0
KAR AUCTION SVCS INC COM COM 48238T109 1,410 36,979 SH   SOLE   36,979 0 0
KEY ENERGY SVCS INC COM COM 492914106 6 15,000 SH   SOLE   15,000 0 0
KEY TECHNOLOGY INC COM COM 493143101 1,057 155,009 SH   SOLE   155,009 0 0
KIMBALL ELECTRONICS INC COM COM 49428J109 2,837 254,000 SH   SOLE   254,000 0 0
KIMBALL INTL INC CL B COM 494274103 8,061 710,179 SH   SOLE   710,179 0 0
KINDER MORGAN INC WT EXP 05/25 WARRANT AND RIGH 49456B119 2 50,000 SH   SOLE   50,000 0 0
KKR & CO. L.P COM 48248M102 1,334 90,843 SH   SOLE   90,843 0 0
KOPIN CORP COM COM 500600101 307 185,000 SH   SOLE   185,000 0 0
KRISPY KREME DOUGHNUTS INC. COM 501014104 4,665 299,200 SH   SOLE   299,200 0 0
LA Z BOY CHAIR CO COM 505336107 1,578 59,000 SH   SOLE   59,000 0 0
LABORATORY CORP AMER HLDGS COM COM 50540R409 3,142 26,828 SH   SOLE   26,828 0 0
LAKELAND INDS INC. COM 511795106 140 11,400 SH   SOLE   11,400 0 0
LANDAUER INC COM 51476K103 265 8,000 SH   SOLE   8,000 0 0
LANDS END INC NEW COM COM 51509F105 714 28,000 SH   SOLE   28,000 0 0
LAWSON PRODS INC COM COM 520776105 4,957 253,172 SH   SOLE   253,172 0 0
LAYNE CHRISTENSEN CO COM COM 521050104 1,496 208,000 SH   SOLE   208,000 0 0
LEGACY TEX FINL GROUP INC COM COM 52471Y106 1,173 59,700 SH   SOLE   59,700 0 0
LENDING TREE INC. COM 52603B107 2,073 21,200 SH   SOLE   21,200 0 0
LIBERTY BROADBAND CORP SERIES COM 530307305 1,155 19,931 SH   SOLE   19,931 0 0
LIBERTY GLOBAL PLC SHS CL C COM G5480U120 3,013 80,218 SH   SOLE   80,218 0 0
LIBERTY INTERACTIVE CORP COM 53071M104 991 39,256 SH   SOLE   39,256 0 0
LIBERTY MEDIA CORP SERIES C COM 531229300 2,053 53,895 SH   SOLE   53,895 0 0
LIBERTY TAX INC COM 53128T102 1,235 63,025 SH   SOLE   63,025 0 0
LIFEWAY FOODS INC COM COM 531914109 1,872 172,808 SH   SOLE   172,808 0 0
LIMONEIRA CO COM COM 532746104 3,028 199,236 SH   SOLE   199,236 0 0
LINDSAY CORP COM 535555106 1,122 15,664 SH   SOLE   15,664 0 0
LINKEDIN CORP COM CL A COM 53578A108 561 4,904 SH   SOLE   4,904 0 0
LIONBRIDGE TECHNOLOGIES INC CO COM 536252109 2,319 458,356 SH   SOLE   458,356 0 0
LITHIA MOTORS INC. COM 536797103 2,375 27,200 SH   SOLE   27,200 0 0
LSB INDS INC COM COM 502160104 510 40,000 SH   SOLE   40,000 0 0
LYDALL INC COM COM 550819106 4,811 147,949 SH   SOLE   147,949 0 0
MACQUARIE INFRASTRUCTURE COMPA COM 55608B105 1,079 16,000 SH   SOLE   16,000 0 0
MANCHESTER UTD PLC NEW ORD CL COM G5784H106 1,535 106,304 SH   SOLE   106,304 0 0
MARCUS CORP COM COM 566330106 7,178 378,812 SH   SOLE   378,812 0 0
MARINE PRODS CORP COM COM 568427108 11,111 1,463,899 SH   SOLE   1,463,899 0 0
MARINEMAX INC COM COM 567908108 253 13,000 SH   SOLE   13,000 0 0
MATADOR RES CO COM COM 576485205 675 35,600 SH   SOLE   35,600 0 0
MATERIALISE NV SPONSORED ADS COM 57667T100 76 10,000 SH   SOLE   10,000 0 0
MATERION CORPORATION COM 576690101 4,708 177,800 SH   SOLE   177,800 0 0
MATTHEWS INTL CORP CL A COM 577128101 235 4,560 SH   SOLE   4,560 0 0
MCGRATH RENTCORP COM COM 580589109 1,206 48,100 SH   SOLE   48,100 0 0
MEAD JOHNSON COM 582839106 3,017 35,504 SH   SOLE   35,504 0 0
MEDALLION FINANCIAL CORP COM 583928106 923 100,000 SH   SOLE   100,000 0 0
MEDIA GEN INC NEW COM COM 58441K100 18,620 1,141,604 SH   SOLE   1,141,604 0 0
MERCADOLIBRE INC COM COM 58733R102 3,325 28,211 SH   SOLE   28,211 0 0
MERCK & COMPANY COM 58933Y105 201 3,800 SH   SOLE   3,800 0 0
MERCURY COMPUTER SYS INC COM COM 589378108 721 35,500 SH   SOLE   35,500 0 0
MERIDIAN BIOSCIENCE INC COM COM 589584101 2,885 140,000 SH   SOLE   140,000 0 0
MESA LABS INC COM COM 59064R109 4,047 42,000 SH   SOLE   42,000 0 0
METHODE ELECTRS INC CL A COM 591520200 988 33,800 SH   SOLE   33,800 0 0
METTLER-TOLEDO INTL INC COM COM 592688105 2,300 6,671 SH   SOLE   6,671 0 0
MGE ENERGY INC COM 55277P104 1,986 38,000 SH   SOLE   38,000 0 0
MGP INGREDIENTS INC NEW COM COM 55303J106 853 35,200 SH   SOLE   35,200 0 0
MIDDLEBY CORP COM COM 596278101 4,741 44,400 SH   SOLE   44,400 0 0
MIDDLESEX WTR CO COM COM 596680108 939 30,433 SH   SOLE   30,433 0 0
MINERALS TECHNOLOGIES INC COM 603158106 233 4,100 SH   SOLE   4,100 0 0
MITCHAM INDS INC COM COM 606501104 67 21,900 SH   SOLE   21,900 0 0
MITEK SYS INC COM NEW COM 606710200 441 67,500 SH   SOLE   67,500 0 0
MOBILEYE NV COM N51488117 2,949 79,072 SH   SOLE   79,072 0 0
MOCON INC COM COM 607494101 5,369 387,637 SH   SOLE   387,637 0 0
MODINE MFG CO COM 607828100 2,165 196,600 SH   SOLE   196,600 0 0
MODUSLINK GLOBAL SOLUTIONS I COM 60786L206 2,484 1,690,000 SH   SOLE   1,690,000 0 0
MORGANS HOTEL GROUP CO COM COM 61748W108 801 580,491 SH   SOLE   580,491 0 0
MOSY INC COM 619718109 34 52,100 SH   SOLE   52,100 0 0
MOTORCAR PTS & ACCESSORS INCCO COM 620071100 912 24,000 SH   SOLE   24,000 0 0
MOVADO GROUP INC COM COM 624580106 413 15,000 SH   SOLE   15,000 0 0
MSA SAFETY INC COM COM 553498106 459 9,500 SH   SOLE   9,500 0 0
MSC INDL DIRECT INC CL A COM 553530106 3,554 46,571 SH   SOLE   46,571 0 0
MTS SYS CORP COM COM 553777103 353 5,802 SH   SOLE   5,802 0 0
MUELLER WATER PRODUCTS INC COM 624758108 198 20,000 SH   SOLE   20,000 0 0
MVC CAP COM COM 553829102 806 108,000 SH   SOLE   108,000 0 0
MYERS INDS INC COM 628464109 7,844 609,932 SH   SOLE   609,932 0 0
MYR GROUP INC DEL COM COM 55405W104 3,457 137,674 SH   SOLE   137,674 0 0
NAPCO SEC SYS INC COM COM 630402105 1,295 207,211 SH   SOLE   207,211 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 8,844 202,834 SH   SOLE   202,834 0 0
NATIONAL INTERSTATE CORP COM COM 63654U100 539 18,002 SH   SOLE   18,002 0 0
NAUTILUS INC COM 63910B102 1,450 75,031 SH   SOLE   75,031 0 0
NAVIGATOR HOLDINGS LTD SHS COM Y62132108 1,292 80,000 SH   SOLE   80,000 0 0
NAVIGATORS GROUP INC COM COM 638904102 210 2,505 SH   SOLE   2,505 0 0
NAVISTAR INTL CORP COM COM 63934E108 250 20,000 SH   SOLE   20,000 0 0
NEOGEN CORP COM COM 640491106 6,281 124,750 SH   SOLE   124,750 0 0
NEOGENOMICS INC COM NEW COM 64049M209 1,223 181,407 SH   SOLE   181,407 0 0
NETFLIX COM INC COM COM 64110L106 856 8,377 SH   SOLE   8,377 0 0
NETSCOUT SYS INC COM COM 64115T104 1,101 47,950 SH   SOLE   47,950 0 0
NEWPARK RES INC COM PAR$0.01NE COM 651718504 103 23,900 SH   SOLE   23,900 0 0
NEWPORT CORP COM COM 651824104 1,490 64,800 SH   SOLE   64,800 0 0
NIELSEN HOLDINGS PLC COM G6518L108 4,930 93,612 SH   SOLE   93,612 0 0
NORTEK INC COM NEW COM 656559309 773 16,000 SH   SOLE   16,000 0 0
NORWEGIAN CRUISE LINE HLDGS SH COM G66721104 3,073 55,574 SH   SOLE   55,574 0 0
NUTRACEUTICAL INTL CORP COM COM 67060Y101 4,809 197,500 SH   SOLE   197,500 0 0
OCEANFIRST FINL CORP COM COM 675234108 434 24,550 SH   SOLE   24,550 0 0
OFG BANCORP COM 67103X102 141 20,150 SH   SOLE   20,150 0 0
OIL DRI CORP AMER COM COM 677864100 4,334 128,300 SH   SOLE   128,300 0 0
OMNICELL INC COM COM 68213N109 1,747 62,677 SH   SOLE   62,677 0 0
OMNICOM GROUP COM COM 681919106 2,406 28,910 SH   SOLE   28,910 0 0
OMNOVA SOLUTIONS INC COM COM 682129101 1,513 272,102 SH   SOLE   272,102 0 0
ON SEMICONDUCTOR CORP COM COM 682189105 1,286 134,120 SH   SOLE   134,120 0 0
OPKO HEALTH INC COM COM 68375N103 2,473 238,000 SH   SOLE   238,000 0 0
ORBCOMM INC COM COM 68555P100 5,281 521,335 SH   SOLE   521,335 0 0
ORITANI FINL CORP DEL COM COM 68633D103 950 55,992 SH   SOLE   55,992 0 0
ORTHOFIX INTL N V ORD COM N6748L102 1,877 45,200 SH   SOLE   45,200 0 0
O'REILLY AUTOMOTIVE INC NEW CO COM 67103H107 2,899 10,593 SH   SOLE   10,593 0 0
PAIN THERAPEUTICS INC COM COM 69562K100 259 115,991 SH   SOLE   115,991 0 0
PARK ELECTROCHEMICAL CORP COM COM 700416209 1,723 107,634 SH   SOLE   107,634 0 0
PARK OHIO HLDGS CORP COM COM 700666100 6,744 157,500 SH   SOLE   157,500 0 0
PATRIOT TRAMSPORTATION HOLDING COM 70338W105 244 12,047 SH   SOLE   12,047 0 0
PATTERSON COMPANIES INC COM 703395103 1,362 29,263 SH   SOLE   29,263 0 0
PATTERSON-UTI ENERGY INC COM COM 703481101 1,777 100,846 SH   SOLE   100,846 0 0
PC-TEL INC COM 69325Q105 350 73,135 SH   SOLE   73,135 0 0
PEABODY ENERGY CORP COM 704549203 42 18,000 SH   SOLE   18,000 0 0
PENDRELL CORP COM 70686R104 16 30,000 SH   SOLE   30,000 0 0
PFIZER INC COM 717081103 230 7,764 SH   SOLE   7,764 0 0
PFSWEB INC COM NEW COM 717098206 2,582 196,772 SH   SOLE   196,772 0 0
PIEDMONT NAT GAS INC COM COM 720186105 897 15,000 SH   SOLE   15,000 0 0
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 252 36,000 SH   SOLE   36,000 0 0
PIONEER NAT RES CO COM COM 723787107 4,072 28,932 SH   SOLE   28,932 0 0
PLANTRONICS COM 727493108 607 15,500 SH   SOLE   15,500 0 0
POWELL INDS INC COM COM 739128106 599 20,103 SH   SOLE   20,103 0 0
PREFORMED LINE PRODS CO COM COM 740444104 211 5,788 SH   SOLE   5,788 0 0
PRG-SCHULTZ INTERNATIONAL INCO COM 69357C503 861 182,359 SH   SOLE   182,359 0 0
PROGRESS SOFTWARE CORP COM COM 743312100 920 38,158 SH   SOLE   38,158 0 0
PROVIDENCE & WORCESTER RR COCO COM 743737108 1,897 131,758 SH   SOLE   131,758 0 0
PTC INC COM COM 69370C100 552 16,646 SH   SOLE   16,646 0 0
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 1,208 160,000 SH   SOLE   160,000 0 0
QLOGIC CORP COM COM 747277101 918 68,277 SH   SOLE   68,277 0 0
QUALSTAR CORP COM COM 74758R109 6 12,000 SH   SOLE   12,000 0 0
QUANTA SVCS INC COM COM 74762E102 3,995 177,071 SH   SOLE   177,071 0 0
QUIDEL CORP COM COM 74838J101 2,538 147,061 SH   SOLE   147,061 0 0
QUMU CORP COM COM 749063103 928 201,400 SH   SOLE   201,400 0 0
RANGE RES CORP COM COM 75281A109 1,760 54,340 SH   SOLE   54,340 0 0
RAVEN INDS INC COM COM 754212108 386 24,080 SH   SOLE   24,080 0 0
READING INTERNATIONAL INC CL B COM 755408200 835 68,481 SH   SOLE   68,481 0 0
READING INTL INC CL A COM 755408101 4,308 359,623 SH   SOLE   359,623 0 0
REGIONS FINANCIAL CORP (NEW) COM 7591EP100 1,710 217,791 SH   SOLE   217,791 0 0
RENASANT CORP COM COM 75970E107 1,217 36,971 SH   SOLE   36,971 0 0
REXNORD CORP NEW COM COM 76169B102 2,706 133,823 SH   SOLE   133,823 0 0
RGC RES INC COM COM 74955L103 943 43,600 SH   SOLE   43,600 0 0
RLJ ENTMT INC COM COM 74965F104 46 54,000 SH   SOLE   54,000 0 0
ROFIN SINAR TECHNOLOGIES INCCO COM 775043102 2,644 82,074 SH   SOLE   82,074 0 0
RPC INC. COMMON COM 749660106 1,312 92,500 SH   SOLE   92,500 0 0
RTI BIOLOGICS INC COM COM 74975N105 268 67,000 SH   SOLE   67,000 0 0
RUSH ENTERPRISES INC CL A COM 781846209 949 52,005 SH   SOLE   52,005 0 0
RUSH ENTERPRISES INC CL B COM 781846308 1,899 104,005 SH   SOLE   104,005 0 0
RYMAN HOSPITALITY PPTYS INC CO COM 78377T107 515 10,000 SH   SOLE   10,000 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 2,670 201,492 SH   SOLE   201,492 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 3,571 620,008 SH   SOLE   620,008 0 0
SANFILIPPO JOHN B & SON INC CO COM 800422107 1,211 17,531 SH   SOLE   17,531 0 0
SANOFI-AVENTIS-CVR WARRANT AND RIGH 80105N113 46 400,000 SH   SOLE   400,000 0 0
SCHMITT INDS INC ORE COM NEW COM 806870200 187 78,000 SH   SOLE   78,000 0 0
SCIENTIFIC GAMES CORP CL A COM 80874P109 2,282 242,000 SH   SOLE   242,000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 14,158 908,124 SH   SOLE   908,124 0 0
SEALED AIR CORP NEW COM 81211K100 575 11,972 SH   SOLE   11,972 0 0
SEQUENTIAL BRNDS GROUP INC NEW COM 81734P107 92 14,398 SH   SOLE   14,398 0 0
SEVCON INC COM 81783K108 4,892 486,750 SH   SOLE   486,750 0 0
SFX ENTMT INC COM COM 784178303 2 50,000 SH   SOLE   50,000 0 0
SHENANDOAH TELECOMMUNICATIONCD COM 82312B106 13,193 493,200 SH   SOLE   493,200 0 0
SHILOH INDS INC COM COM 824543102 395 77,000 SH   SOLE   77,000 0 0
SILVERCREST ASSET MGMT GROUPCL COM 828359109 1,093 85,769 SH   SOLE   85,769 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 1,015 33,000 SH   SOLE   33,000 0 0
SJW CORP COM COM 784305104 4,046 111,304 SH   SOLE   111,304 0 0
SKYLINE CORP COM 830830105 443 47,796 SH   SOLE   47,796 0 0
SL GREEN RLTY CORP COM COM 78440X101 485 5,006 SH   SOLE   5,006 0 0
SL INDS INC COM COM 784413106 9,323 274,200 SH   SOLE   274,200 0 0
SNYDERS LANCE INC COM COM 833551104 7,669 243,600 SH   SOLE   243,600 0 0
SONIC AUTOMOTIVE INC CL A COM 83545G102 1,229 66,500 SH   SOLE   66,500 0 0
SOUTHWEST BANCORP INC OKLA COM COM 844767103 573 38,094 SH   SOLE   38,094 0 0
SPLUNK INC COM COM 848637104 2,966 60,624 SH   SOLE   60,624 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 4,269 123,200 SH   SOLE   123,200 0 0
STANDEX INTL CORP COM 854231107 2,179 28,000 SH   SOLE   28,000 0 0
STANLEY FURNITURE INC COM NEW COM 854305208 29 11,000 SH   SOLE   11,000 0 0
STARRETT L S CO CL A COM 855668109 3,298 318,600 SH   SOLE   318,600 0 0
STATE BK FINL CORP COM COM 856190103 757 38,300 SH   SOLE   38,300 0 0
STEEL EXCEL INC COM 858122203 4,629 476,770 SH   SOLE   476,770 0 0
STEEL PARTNERS HLDGS L P COM 85814R107 8,944 586,481 SH   SOLE   586,481 0 0
STEELCASE INC CL A COM 858155203 2,352 157,638 SH   SOLE   157,638 0 0
STERICYCLE INC COM COM 858912108 2,476 19,618 SH   SOLE   19,618 0 0
STERIS PLC SHARES COM G84720104 249 3,500 SH   SOLE   3,500 0 0
STERLING BANCORP/DE COM 85917A100 2,345 147,209 SH   SOLE   147,209 0 0
STIFEL FINL CORP COM COM 860630102 664 22,432 SH   SOLE   22,432 0 0
STONERIDGE INC COM 86183P102 3,735 256,498 SH   SOLE   256,498 0 0
STRATASYS LTD SHS COM M85548101 3,069 118,391 SH   SOLE   118,391 0 0
STRATTEC SECURITY CORP. COM 863111100 10,129 176,500 SH   SOLE   176,500 0 0
SUNOPTA INC COM COM 8676EP108 1,338 300,000 SH   SOLE   300,000 0 0
SUPERIOR INDS INTL INC COM 868168105 13,491 611,000 SH   SOLE   611,000 0 0
SURMODICS INC COM COM 868873100 5,096 276,792 SH   SOLE   276,792 0 0
SVB FINL GROUP COM COM 78486Q101 978 9,581 SH   SOLE   9,581 0 0
SYNAPTICS INC COM COM 87157D109 3,885 48,723 SH   SOLE   48,723 0 0
SYNERON MEDICAL LTD ORD SHS COM M87245102 740 101,249 SH   SOLE   101,249 0 0
TEAM INC COM COM 878155100 5,106 168,068 SH   SOLE   168,068 0 0
TEJON RANCH CO DEL COM COM 879080109 2,756 134,000 SH   SOLE   134,000 0 0
TEJON RANCH CO WT 08/31/16 WARRANT AND RIGH 879080133 0 15,170 SH   SOLE   15,170 0 0
TENNANT CO COM 880345103 2,538 49,300 SH   SOLE   49,300 0 0
TENNECO AUTOMOTIVE INC COM COM 880349105 1,906 37,000 SH   SOLE   37,000 0 0
TESCO CORP COM COM 88157K101 499 57,900 SH   SOLE   57,900 0 0
THESTREET INC COM 88368Q103 68 55,000 SH   SOLE   55,000 0 0
TITAN INTL INC ILL COM COM 88830M102 178 33,000 SH   SOLE   33,000 0 0
TITAN MACHY INC COM COM 88830R101 1,340 115,933 SH   SOLE   115,933 0 0
TOLL BROS INC COM COM 889478103 2,141 72,536 SH   SOLE   72,536 0 0
TOWER INTL INC COM COM 891826109 909 33,425 SH   SOLE   33,425 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 1,068 131,200 SH   SOLE   131,200 0 0
TREDEGAR INDS INC COM 894650100 5,895 375,000 SH   SOLE   375,000 0 0
TRIANGLE PETE CORP COM NEW COM 89600B201 65 119,637 SH   SOLE   119,637 0 0
TRINITY BIOTECH PLC SPON ADR N COM 896438306 1,597 137,000 SH   SOLE   137,000 0 0
TRISTATE CAP HLDGS INC COM COM 89678F100 126 10,000 SH   SOLE   10,000 0 0
TRUSTCO BK CORP N Y COM COM 898349105 394 65,000 SH   SOLE   65,000 0 0
TWIN DISC INC COM COM 901476101 2,968 293,000 SH   SOLE   293,000 0 0
TYLER TECHNOLOGIES INC COM COM 902252105 437 3,400 SH   SOLE   3,400 0 0
U S ENERGY CORP WYO COM COM 911805109 5 15,000 SH   SOLE   15,000 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 842 157,000 SH   SOLE   157,000 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 539 105,198 SH   SOLE   105,198 0 0
ULTRATECH INC COM COM 904034105 2,640 120,900 SH   SOLE   120,900 0 0
UMPQUA HLDGS CORP COM COM 904214103 192 12,086 SH   SOLE   12,086 0 0
UNITED FINANCIAL BANCORP INC COM 910304104 1,949 154,800 SH   SOLE   154,800 0 0
UNITED GUARDIAN INC COM COM 910571108 1,561 75,500 SH   SOLE   75,500 0 0
UNITED NAT FOODS INC COM COM 911163103 3,494 86,706 SH   SOLE   86,706 0 0
UNIVERSAL HEALTH SVCS INC CL B COM 913903100 3,460 27,741 SH   SOLE   27,741 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 474 110,000 SH   SOLE   110,000 0 0
URBAN OUTFITTERS INC COM COM 917047102 1,903 57,501 SH   SOLE   57,501 0 0
UTAH MED PRODS INC COM COM 917488108 324 5,174 SH   SOLE   5,174 0 0
VALUE LINE INC COM 920437100 530 33,089 SH   SOLE   33,089 0 0
VASCULAR SOLUTIONS INC COM COM 92231M109 644 19,800 SH   SOLE   19,800 0 0
VCA ANTECH INC COM COM 918194101 332 5,754 SH   SOLE   5,754 0 0
VERTEX PHARMACEUTICALS INC COM COM 92532F100 2,425 30,511 SH   SOLE   30,511 0 0
VIAD CORP COM NEW COM 92552R406 1,087 37,282 SH   SOLE   37,282 0 0
VICOR CORP COM COM 925815102 2,332 222,500 SH   SOLE   222,500 0 0
VIDEOCON D2H LTD ADR COM 92657J101 307 41,675 SH   SOLE   41,675 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 1,029 42,581 SH   SOLE   42,581 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 242 19,845 SH   SOLE   19,845 0 0
VISHAY PRECISION GROUP INC COM COM 92835K103 2,472 176,476 SH   SOLE   176,476 0 0
WABASH NATL CORP COM COM 929566107 924 70,000 SH   SOLE   70,000 0 0
WASHINGTON FED INC COM 938824109 622 27,450 SH   SOLE   27,450 0 0
WASHINGTON TR BANCORP COM COM 940610108 2,333 62,520 SH   SOLE   62,520 0 0
WATERSTONE FINL INC MD COM COM 94188P101 1,443 105,500 SH   SOLE   105,500 0 0
WEATHERFORD INTERNATIONAL PLC COM G48833100 1,654 212,564 SH   SOLE   212,564 0 0
WELLS FARGO & CO NEW COM 949746101 242 5,000 SH   SOLE   5,000 0 0
WEST MARINE INC COM COM 954235107 1,220 134,231 SH   SOLE   134,231 0 0
WESTFIELD FINANCIAL INC NEW CO COM 96008P104 734 87,100 SH   SOLE   87,100 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 159 23,000 SH   SOLE   23,000 0 0
WILSHIRE BANCORP INC COM COM 97186T108 294 28,500 SH   SOLE   28,500 0 0
WINNEBAGO INDS INC COM COM 974637100 1,369 61,000 SH   SOLE   61,000 0 0
WISDOMTREE INVTS INC COM COM 97717P104 1,134 99,201 SH   SOLE   99,201 0 0
WOODWARD INC COM 980745103 284 5,450 SH   SOLE   5,450 0 0
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 600 34,000 SH   SOLE   34,000 0 0
XENITH BANKSHARES INC COM COM 98410X105 301 39,800 SH   SOLE   39,800 0 0
XERIUM TECHNOLOGIES INC COM NE COM 98416J118 245 46,900 SH   SOLE   46,900 0 0
XO GROUP INC COM COM 983772104 1,204 74,991 SH   SOLE   74,991 0 0
YADKIN FINL CORP COM COM 984305102 828 35,000 SH   SOLE   35,000 0 0
YORK WTR CO COM COM 987184108 1,344 44,037 SH   SOLE   44,037 0 0
ZELTIQ AESTHETICS INC COM COM 98933Q108 1,856 68,324 SH   SOLE   68,324 0 0
ZIONS BANCORPORATION COM COM 989701107 2,310 95,401 SH   SOLE   95,401 0 0