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 5,160 523,846 SH   SOLE   523,846 0 0
A H BELO CORP COM CL A COM 001282102 249 54,093 SH   SOLE   54,093 0 0
AARON'S INC COM 002535300 2,094 48,000 SH   SOLE   48,000 0 0
ABM INDS INC COM COM 000957100 1,020 24,450 SH   SOLE   9,850 0 14,600
ACCURAY INC COM COM 004397105 132 32,960 SH   SOLE   32,960 0 0
ACME UTD CORP COM COM 004816104 2,926 127,200 SH   SOLE   127,200 0 0
AEROJET ROCKETDYNE HOLDINGS COM 007800105 39,505 1,128,400 SH   SOLE   1,128,400 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 2,849 60,000 SH   SOLE   60,000 0 0
AMERICAN EAGLE OUTFITTERS INCO COM 02553E106 1,340 93,700 SH   SOLE   33,850 0 59,850
AMERICAN RAILCAR INDS INC COM COM 02916P103 359 9,292 SH   SOLE   9,292 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 2,282 200,913 SH   SOLE   200,913 0 0
AMPCO PITTSBURGH CORP COM 032037103 8,178 470,000 SH   SOLE   470,000 0 0
AMTECH SYS INC COM PAR $0.01N COM 032332504 204 17,000 SH   SOLE   17,000 0 0
ANCHOR BANK CORP COM 032838104 1,223 49,400 SH   SOLE   49,400 0 0
ANGIES LIST INC COM COM 034754101 1,130 90,679 SH   SOLE   90,679 0 0
ANGIODYNAMICS INC COM COM 03475V101 873 51,066 SH   SOLE   30,350 0 20,716
ARMSTRONG FLOORING INC COM COM 04238R106 3,753 238,300 SH   SOLE   230,400 0 7,900
ARTESIAN RES CORP COM CL A COM 043113208 927 24,526 SH   SOLE   24,526 0 0
ASCENT CAPITAL GROUP INC COM 043632108 2,711 207,884 SH   SOLE   207,884 0 0
ASTEC INDS INC COM COM 046224101 17,027 304,000 SH   SOLE   304,000 0 0
ASTRONICS CORP COM COM 046433108 402 13,500 SH   SOLE   13,500 0 0
ATLANTIC AMERN CORP COM COM 048209100 65 20,000 SH   SOLE   20,000 0 0
ATLANTIC CAP BANCSHARES INC CO COM 048269203 753 41,508 SH   SOLE   31,108 0 10,400
ATLAS AIR WORLDWIDE HLDGS 2.25 CONVERTIBLE BOND 049164BH8 302 250,000 PRN   SOLE   250,000 0 0
ATN INTERNATIONAL INC COM 00215F107 2,677 50,800 SH   SOLE   50,800 0 0
AVID TECHNOLOGY INC COM 05367P100 295 65,000 SH   SOLE   65,000 0 0
AZZ INC COM COM 002474104 974 20,000 SH   SOLE   20,000 0 0
BADGER METER INC COM COM 056525108 1,372 28,000 SH   SOLE   28,000 0 0
BANKUNITED INC COM COM 06652K103 913 25,670 SH   SOLE   13,570 0 12,100
BARNES GROUP INC COM COM 067806109 299 4,250 SH   SOLE   4,250 0 0
BASSETT FURNITURE INDS COM 070203104 6,873 182,300 SH   SOLE   182,300 0 0
BDX 6 1/8 5/1/20 CONVERTIBLE PREF 075887208 304 5,494 SH   SOLE   5,494 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 8,483 725,000 SH   SOLE   725,000 0 0
BENEFICIAL BANCORP INC COM 08171T102 692 41,698 SH   SOLE   22,598 0 19,100
BERKSHIRE HILLS BANCORP INC CO COM 084680107 552 14,246 SH   SOLE   14,246 0 0
BERRY PLASTICS GROUP INC COM COM 08579W103 5,615 99,111 SH   SOLE   99,111 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 689 90,000 SH   SOLE   90,000 0 0
BIGLARI HOLDINGS INC COM 08986R101 4,394 13,183 SH   SOLE   13,183 0 0
BIOLASE TECHNOLOGY INC COM COM 090911108 206 341,461 SH   SOLE   341,461 0 0
BIOSCRIP INC COM 09069N108 1,857 675,100 SH   SOLE   675,100 0 0
BIOTELEMETRY INC COM COM 090672106 4,722 143,100 SH   SOLE   143,100 0 0
BON-TON STORES INC COM COM 09776J101 145 337,100 SH   SOLE   337,100 0 0
BOSTON BEER INC CL A COM 100557107 1,328 8,500 SH   SOLE   8,500 0 0
BOTTOMLINE TECH DEL INC COM COM 101388106 1,095 34,400 SH   SOLE   16,100 0 18,300
BOYD GAMING CORP COM 103304101 1,870 71,800 SH   SOLE   71,800 0 0
BRINKS CO COM COM 109696104 649 7,700 SH   SOLE   2,400 0 5,300
BROADWIND ENERGY INC COM NEW COM 11161T207 290 89,440 SH   SOLE   89,440 0 0
BROWN & BROWN INC COM COM 115236101 785 16,284 SH   SOLE   7,050 0 9,234
BUILDERS FIRSTSOURCE COM 12008R107 509 28,300 SH   SOLE   11,800 0 16,500
CABOT MICROELECTRONICS COM 12709P103 1,111 13,900 SH   SOLE   4,400 0 9,500
CADIZ INC COM 127537207 574 45,174 SH   SOLE   45,174 0 0
CALAVO GROWERS INC COM COM 128246105 4,392 60,000 SH   SOLE   60,000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 946 24,800 SH   SOLE   24,800 0 0
CALLAWAY GOLF CO COM COM 131193104 1,391 96,387 SH   SOLE   96,387 0 0
CALLIDUS SOFTWARE INC COM COM 13123E500 7,814 317,000 SH   SOLE   317,000 0 0
CALLON PETE CO DEL COM COM 13123X102 2,752 244,844 SH   SOLE   244,844 0 0
CAMBIUM LEARNING GRP INC COM COM 13201A107 66 10,000 SH   SOLE   10,000 0 0
CANTEL MEDICAL CORP COM COM 138098108 6,140 65,200 SH   SOLE   65,200 0 0
CANTERBURY PK HLDG CORP COM 13811E101 4,546 368,100 SH   SOLE   368,100 0 0
CARBONITE INC COM 141337105 1,753 79,687 SH   SOLE   79,687 0 0
CARDIOVASCULAR SYS INC DEL COM COM 141619106 3,127 111,100 SH   SOLE   111,100 0 0
CAREDX INC COM 14167L103 52 14,000 SH   SOLE   14,000 0 0
CARPENTER TECHNOLOGY CORP COM COM 144285103 557 11,600 SH   SOLE   0 0 11,600
CARRIAGE SERVICES INC CONVERTIBLE BOND 143905AM9 375 300,000 PRN   SOLE   300,000 0 0
CASELLA WASTE SYS INC CL A COM 147448104 11,352 603,828 SH   SOLE   603,828 0 0
CAVCO INDUSTRIES COM 149568107 8,115 55,000 SH   SOLE   55,000 0 0
CCI 6 7/8 8/1/20 CONVERTIBLE PREF 22822V309 218 204 SH   SOLE   204 0 0
CECO ENVIRONMENTAL CORP COM COM 125141101 150 17,720 SH   SOLE   17,720 0 0
CEMPRA INC COM COM 15130J109 221 68,000 SH   SOLE   68,000 0 0
CENTENNIAL RESOURCE DEV INC CL COM 15136A102 238 13,252 SH   SOLE   13,252 0 0
CHART INDS INC COM 16115Q308 2,847 72,580 SH   SOLE   72,580 0 0
CHASE CORP COM 16150R104 10,598 95,133 SH   SOLE   95,133 0 0
CHEESECAKE FACTORY INC COM 163072101 2,064 49,000 SH   SOLE   49,000 0 0
CHENIERE ENERGY INC CONVERTIBLE BOND 16411RAG4 279 400,000 PRN   SOLE   400,000 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 2,602 33,250 SH   SOLE   33,250 0 0
CHURCHILL DOWNS INC COM COM 171484108 7,700 37,340 SH   SOLE   37,340 0 0
CINCINNATI BELL INC NEW COM NE COM 171871502 5,856 295,023 SH   SOLE   295,023 0 0
CIRCOR INTL INC COM COM 17273K109 9,884 181,600 SH   SOLE   170,200 0 11,400
CITIZENS & NORTHN CORP COM COM 172922106 447 18,200 SH   SOLE   18,200 0 0
COBIZ FINANCIAL INC COM COM 190897108 2,746 139,839 SH   SOLE   124,239 0 15,600
COGENTIX MEDICAL INC COM 19243A104 294 115,000 SH   SOLE   115,000 0 0
COHEN & STEERS INC COM COM 19247A100 4,304 109,000 SH   SOLE   109,000 0 0
COLLEGIUM PHARMACEUTICAL INCCO COM 19459J104 283 27,000 SH   SOLE   27,000 0 0
COLUMBIA BKG SYS INC COM COM 197236102 337 8,001 SH   SOLE   2,700 0 5,301
COLUMBUS MCKINNON CORP N Y COM COM 199333105 4,759 125,660 SH   SOLE   125,660 0 0
COMMERCEHUB INC SER C COM 20084V306 320 15,000 SH   SOLE   15,000 0 0
CONNECTICUT WTR SVC INC COM COM 207797101 237 4,000 SH   SOLE   4,000 0 0
CONSOLIDATED COMM HLDGS INC CO COM 209034107 759 39,801 SH   SOLE   39,801 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 845 66,000 SH   SOLE   66,000 0 0
CONVERGYS CORP COM COM 212485106 878 33,920 SH   SOLE   17,620 0 16,300
CORE MOLDING TECH COM COM 218683100 6,549 298,500 SH   SOLE   298,500 0 0
COTT CORP COM COM 22163N106 1,651 110,000 SH   SOLE   110,000 0 0
CROWN HOLDINGS INC COM COM 228368106 376 6,300 SH   SOLE   6,300 0 0
CSGS 4 1/4 3/15/36 CONVERTIBLE BOND 126349AF6 269 250,000 PRN   SOLE   250,000 0 0
CTS CORP COM 126501105 8,399 348,500 SH   SOLE   348,500 0 0
CUTERA INC COM COM 232109108 13,191 319,000 SH   SOLE   319,000 0 0
CY 4 1/2 1/15/22 CONVERTIBLE BOND 232806AM1 391 300,000 PRN   SOLE   300,000 0 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 1,890 125,800 SH   SOLE   40,400 0 85,400
C&J ENERGY SVCS INC NEW COM COM 12674R100 680 22,676 SH   SOLE   22,676 0 0
DAKTRONICS INC COM COM 234264109 740 70,000 SH   SOLE   70,000 0 0
DANA HOLDING CORP COM COM 235825205 2,936 105,000 SH   SOLE   105,000 0 0
DARLING INTL INC COM COM 237266101 813 46,400 SH   SOLE   35,200 0 11,200
DATAWATCH CORP COM NEW COM 237917208 323 28,000 SH   SOLE   28,000 0 0
DAWSON GEOPHYSICAL CO NEW COM COM 239360100 72 16,000 SH   SOLE   16,000 0 0
DENNYS CORP COM COM 24869P104 746 59,900 SH   SOLE   59,900 0 0
DESTINATION XL GROUP INC COM 25065K104 57 30,000 SH   SOLE   30,000 0 0
DIEBOLD NIXDORF COM 253651103 1,570 68,727 SH   SOLE   31,827 0 36,900
DIGI INTL INC COM COM 253798102 899 84,801 SH   SOLE   84,801 0 0
DIME CMNTY BANCORP INC COM COM 253922108 770 35,800 SH   SOLE   35,800 0 0
DISH 3.375 08/15/26 CONVERTIBLE BOND 25470MAB5 335 300,000 PRN   SOLE   300,000 0 0
DOUGLAS DYNAMICS INC COM COM 25960R105 394 10,000 SH   SOLE   10,000 0 0
DOVER DOWNS GAMING & ENTMT INC COM 260095104 149 145,000 SH   SOLE   145,000 0 0
DTE 6 1/2 10/1/19 CONVERTIBLE PREF 233331883 272 5,000 SH   SOLE   5,000 0 0
DUCOMMUN INC DEL COM COM 264147109 4,027 125,642 SH   SOLE   125,642 0 0
DUN & BRADSTREET CORP COM 26483E100 545 4,679 SH   SOLE   1,879 0 2,800
DXP ENTERPRISES INC NEW COM NE COM 233377407 384 12,200 SH   SOLE   12,200 0 0
DYCOM INDUSTRIES INC. CONVERTIBLE BOND 267475AB7 228 200,000 PRN   SOLE   200,000 0 0
EASTERN CO COM COM 276317104 10,179 354,669 SH   SOLE   354,669 0 0
EDGEWATER TECHNOLOGY INC COM COM 280358102 4,600 705,520 SH   SOLE   705,520 0 0
ELDORADO RESORTS INC COM COM 28470R102 2,001 78,000 SH   SOLE   78,000 0 0
ELECTRO SCIENTIFIC INDS INC CO COM 285229100 2,045 146,939 SH   SOLE   110,589 0 36,350
ELECTROMED INC COM COM 285409108 780 106,654 SH   SOLE   106,654 0 0
EMCOR GROUP INC COM COM 29084Q100 1,297 18,700 SH   SOLE   7,600 0 11,100
ENERGY RECOVERY INC COM 29270J100 537 68,000 SH   SOLE   68,000 0 0
ENTEGRIS INC COM COM 29362U104 7,628 264,400 SH   SOLE   214,400 0 50,000
ENTERCOM COMMUNICATIONS CORPCL COM 293639100 916 80,000 SH   SOLE   80,000 0 0
ENTRAVISION COMM CORP CL A COM 29382R107 4,667 818,763 SH   SOLE   818,763 0 0
EQUITY COMWLTH COM SH BEN INT COM 294628102 274 9,000 SH   SOLE   5,100 0 3,900
ETHAN ALLEN INTERIORS INC COM COM 297602104 1,860 57,412 SH   SOLE   39,912 0 17,500
EVINE LIVE INC COM 300487105 384 369,200 SH   SOLE   369,200 0 0
EXACTECH INC COM COM 30064E109 8,255 250,530 SH   SOLE   250,530 0 0
EXELIXIS INC COM COM 30161Q104 4,604 190,000 SH   SOLE   190,000 0 0
EXTREME NETWORKS INC COM COM 30226D106 4,412 371,100 SH   SOLE   306,100 0 65,000
F N B CORP PA COM COM 302520101 1,061 75,600 SH   SOLE   75,600 0 0
FALCONSTOR SOFTWARE INC COM COM 306137100 173 700,000 SH   SOLE   700,000 0 0
FARMER BROS CO COM 307675108 6,768 206,013 SH   SOLE   206,013 0 0
FARMERS NATL BANC CORP COM COM 309627107 602 40,000 SH   SOLE   40,000 0 0
FARO TECHNOLOGIES INC COM COM 311642102 792 20,700 SH   SOLE   6,700 0 14,000
FEDERAL SIGNAL CORP COM COM 313855108 15,492 728,000 SH   SOLE   728,000 0 0
FERRO CORP COM 315405100 26,849 1,203,985 SH   SOLE   1,186,585 0 17,400
FIDELITY SOUTHERN CORP COM 316394105 284 12,018 SH   SOLE   12,018 0 0
FIRST FNDTN INC COM COM 32026V104 182 10,200 SH   SOLE   10,200 0 0
FIRST INTERNET BANCORP COM COM 320557101 1,034 32,000 SH   SOLE   32,000 0 0
FLOTEK INDS INC DEL COM COM 343389102 144 30,904 SH   SOLE   30,904 0 0
FLUSHING FINL CORP COM COM 343873105 17,831 599,970 SH   SOLE   599,970 0 0
FORMFACTOR INC COM COM 346375108 9,063 537,834 SH   SOLE   476,398 0 61,436
FOSTER L B CO COM COM 350060109 2,116 93,000 SH   SOLE   93,000 0 0
FREQUENCY ELECTRS INC COM COM 358010106 191 20,000 SH   SOLE   20,000 0 0
FRP HLDGS INC COM COM 30292L107 1,136 25,100 SH   SOLE   25,100 0 0
FTI CONSULTING INC COM COM 302941109 1,273 35,868 SH   SOLE   13,750 0 22,118
FULL HOUSE RESORTS INC COM COM 359678109 1,395 500,000 SH   SOLE   500,000 0 0
GENCOR INDS INC COM COM 368678108 9,873 559,354 SH   SOLE   559,354 0 0
GENESIS HEALTHCARE INC CL A CO COM 37185X106 58 50,000 SH   SOLE   50,000 0 0
GENIUS BRANDS INTERN COM 37229T301 58 14,001 SH   SOLE   14,001 0 0
GENTHERM INC COM COM 37253A103 498 13,400 SH   SOLE   13,400 0 0
GIBRALTER INDUSTRIES INC COM 374689107 4,392 141,000 SH   SOLE   141,000 0 0
GLACIER BANCORP INC NEW COM COM 37637Q105 959 25,400 SH   SOLE   7,900 0 17,500
GOLDEN ENTERTAINMENT INC COM 381013101 12,356 506,797 SH   SOLE   506,797 0 0
GORMAN RUPP CO COM 383082104 4,006 123,000 SH   SOLE   123,000 0 0
GP STRATEGIES CORP COM COM 36225V104 3,124 101,271 SH   SOLE   101,271 0 0
GRAHAM CORP COM COM 384556106 721 34,600 SH   SOLE   34,600 0 0
GRAY TELEVISION INC COM 389375106 4,011 255,500 SH   SOLE   255,500 0 0
GRAY TELEVISION INC CL A COM 389375205 1,029 80,042 SH   SOLE   80,042 0 0
GREENBRIER COS INC COM 393657101 1,926 40,000 SH   SOLE   40,000 0 0
GRIFFIN INDUSTRIAL REALTY IN COM 398231100 9,293 255,647 SH   SOLE   255,647 0 0
GRIFFON CORP COM COM 398433102 9,384 422,703 SH   SOLE   422,703 0 0
GSE SYS INC COM COM 36227K106 71 20,000 SH   SOLE   20,000 0 0
GULFPORT ENERGY CORP COM NEW COM 402635304 572 39,900 SH   SOLE   0 0 39,900
GYRODYNE LLC COM COM 403829104 275 12,638 SH   SOLE   12,638 0 0
HABIT RESTAURANTS INC COM CL A COM 40449J103 142 10,900 SH   SOLE   10,900 0 0
HAIN CELESTIAL GROUP INC COM 405217100 3,251 79,000 SH   SOLE   79,000 0 0
HALLMARK FINL SVCS INC ECCOM N COM 40624Q203 2,135 183,860 SH   SOLE   183,860 0 0
HANCOCK HOLDING CO COM 410120109 727 15,000 SH   SOLE   15,000 0 0
HANDY & HARMAN HOLDINGS LTD COM 410315105 584 17,954 SH   SOLE   17,954 0 0
HANESBRANDS INC COM COM 410345102 605 24,564 SH   SOLE   11,064 0 13,500
HAVERTY FURNITURE INC COM COM 419596101 583 22,300 SH   SOLE   10,300 0 12,000
HAWKINS INC COM COM 420261109 4,308 105,600 SH   SOLE   105,600 0 0
HAYNES INTERNATIONAL INC COM 420877201 1,077 30,000 SH   SOLE   30,000 0 0
HC2 HLDGS INC COM COM 404139107 3,749 710,000 SH   SOLE   710,000 0 0
HEARTLAND FINL USA INC COM COM 42234Q102 222 4,500 SH   SOLE   2,000 0 2,500
HERC HLDGS INC COM COM 42704L104 688 14,000 SH   SOLE   14,000 0 0
HERITAGE COMMERCE CORP COM COM 426927109 440 30,900 SH   SOLE   30,900 0 0
HESKA CORPORATION COM NEW COM 42805E306 969 11,000 SH   SOLE   11,000 0 0
HEXCEL CORP NEW COM COM 428291108 629 10,952 SH   SOLE   4,752 0 6,200
HOMESTREET INC COM COM 43785V102 810 30,000 SH   SOLE   30,000 0 0
HOPE BANCORP INC COM COM 43940T109 1,574 88,896 SH   SOLE   88,896 0 0
HUDSON TECHNOLOGIES INC COM COM 444144109 841 107,700 SH   SOLE   107,700 0 0
HUTTIG BLDG PRODS INC COM COM 448451104 6,107 865,000 SH   SOLE   865,000 0 0
ICC HOLDINGS INC COM 44931Q104 619 34,400 SH   SOLE   34,400 0 0
ICF INTL INC COM COM 44925C103 1,257 23,300 SH   SOLE   23,300 0 0
ICPT 3 1/4 7/1/23 CONVERTIBLE BOND 45845PAA6 232 300,000 PRN   SOLE   300,000 0 0
ICU MEDICAL INC COM 44930G107 1,434 7,714 SH   SOLE   5,622 0 2,092
IMAX CORP COM COM 45245E109 702 31,000 SH   SOLE   31,000 0 0
INFINERA CORPORATION COM COM 45667G103 1,044 117,700 SH   SOLE   39,300 0 78,400
INFUSYSTEM HLDGS INC COM COM 45685K102 1,230 600,218 SH   SOLE   600,218 0 0
INGLES MKTS INC CL A COM 457030104 4,555 177,224 SH   SOLE   177,224 0 0
INNOPHOS HOLDINGS INC COM COM 45774N108 344 7,000 SH   SOLE   7,000 0 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 448 123,000 SH   SOLE   123,000 0 0
INSIGNIA SYS INC COM COM 45765Y105 340 314,509 SH   SOLE   314,509 0 0
INTEGER HOLDINGS CORP COM 45826H109 1,176 23,000 SH   SOLE   23,000 0 0
INTERDIGITAL INC 1.5 3/1/20 CONVERTIBLE BOND 458660AD9 410 350,000 PRN   SOLE   350,000 0 0
INTERNAP NETWORK SVCS CORP COM COM 45885A300 6,094 1,401,000 SH   SOLE   1,401,000 0 0
INTEVAC INC COM COM 461148108 1,859 220,030 SH   SOLE   220,030 0 0
INTRICON CORP COM COM 46121H109 2,161 178,617 SH   SOLE   178,617 0 0
INVENTURE FOODS INC COM 461212102 2,145 457,331 SH   SOLE   457,331 0 0
INVESTORS BANCORP INC COM 46146L101 1,406 103,046 SH   SOLE   44,250 0 58,796
INVITAE CORP COM COM 46185L103 703 75,041 SH   SOLE   75,041 0 0
IPHI 1 1/8 12/1/20 CONVERTIBLE BOND 45772FAB3 365 300,000 PRN   SOLE   300,000 0 0
IRIDIUM COMMUNICATIONS INC COM COM 46269C102 206 20,000 SH   SOLE   20,000 0 0
ITERIS INC COM 46564T107 133 20,000 SH   SOLE   20,000 0 0
IXYS CORP DEL COM COM 46600W106 2,221 93,700 SH   SOLE   93,700 0 0
JA SOLAR HOLDINGS CO LTD SPON COM 466090206 299 39,200 SH   SOLE   39,200 0 0
JAMBA INC COM NEW COM 47023A309 444 51,352 SH   SOLE   51,352 0 0
JASON INDS INC COM COM 471172106 24 15,000 SH   SOLE   15,000 0 0
JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 8,861 87,649 SH   SOLE   87,649 0 0
JOHNSON OUTDOORS INC CL A COM 479167108 733 10,000 SH   SOLE   10,000 0 0
K2M GROUP HLDGS INC COM COM 48273J107 212 10,000 SH   SOLE   10,000 0 0
KAMAN CORP COM 483548103 11,005 197,301 SH   SOLE   197,301 0 0
KAR AUCTION SVCS INC COM COM 48238T109 1,765 36,979 SH   SOLE   36,979 0 0
KEY TECHNOLOGY INC COM COM 493143101 2,469 130,707 SH   SOLE   130,707 0 0
KIMBALL ELECTRONICS INC COM COM 49428J109 3,031 140,000 SH   SOLE   140,000 0 0
KIMBALL INTL INC CL B COM 494274103 11,526 583,000 SH   SOLE   583,000 0 0
KINDRED HEALTHCARE INC COM COM 494580103 1,292 190,000 SH   SOLE   190,000 0 0
KKR & CO. L.P COM 48248M102 1,847 90,843 SH   SOLE   90,843 0 0
KN 3 1/4 11/1/21 CONVERTIBLE BOND 49926DAB5 339 300,000 PRN   SOLE   300,000 0 0
KOPIN CORP COM COM 500600101 771 185,000 SH   SOLE   185,000 0 0
LA Z BOY CHAIR CO COM 505336107 1,533 57,000 SH   SOLE   57,000 0 0
LAKELAND INDS INC. COM 511795106 172 12,211 SH   SOLE   12,211 0 0
LANDAUER INC COM 51476K103 538 8,000 SH   SOLE   8,000 0 0
LANDS END INC NEW COM COM 51509F105 1,162 88,000 SH   SOLE   88,000 0 0
LAWSON PRODS INC COM COM 520776105 6,721 266,714 SH   SOLE   266,714 0 0
LAYNE CHRISTENSEN CO COM COM 521050104 2,824 225,000 SH   SOLE   225,000 0 0
LEGACY TEX FINL GROUP INC COM COM 52471Y106 2,303 57,700 SH   SOLE   19,800 0 37,900
LENDING TREE INC. COM 52603B107 4,498 18,400 SH   SOLE   18,400 0 0
LIFEWAY FOODS INC COM COM 531914109 1,450 162,931 SH   SOLE   162,931 0 0
LIMONEIRA CO COM COM 532746104 3,211 138,575 SH   SOLE   138,575 0 0
LINDSAY CORP COM 535555106 1,394 15,164 SH   SOLE   15,164 0 0
LITHIA MOTORS INC. COM 536797103 3,272 27,200 SH   SOLE   27,200 0 0
LSB INDS INC COM COM 502160104 675 85,000 SH   SOLE   85,000 0 0
LYDALL INC COM COM 550819106 6,300 109,949 SH   SOLE   109,949 0 0
MACQUARIE INFRASTRUCTURE COMPA COM 55608B105 1,155 16,000 SH   SOLE   16,000 0 0
MARCUS CORP COM COM 566330106 10,111 365,000 SH   SOLE   365,000 0 0
MARINE PRODS CORP COM COM 568427108 13,039 812,400 SH   SOLE   812,400 0 0
MARINEMAX INC COM COM 567908108 1,282 77,449 SH   SOLE   77,449 0 0
MARVELL TECHNOLOGY GRP LTD COM G5876H105 1,283 71,700 SH   SOLE   32,400 0 39,300
MATADOR RES CO COM COM 576485205 1,062 39,100 SH   SOLE   17,500 0 21,600
MATERIALISE NV SPONSORED ADS COM 57667T100 146 10,000 SH   SOLE   10,000 0 0
MATERION CORPORATION COM 576690101 7,586 175,800 SH   SOLE   175,800 0 0
MATTHEWS INTL CORP CL A COM 577128101 284 4,560 SH   SOLE   4,560 0 0
MCGRATH RENTCORP COM COM 580589109 2,021 46,200 SH   SOLE   27,200 0 19,000
MDC PARTNERS INC-A COM 552697104 1,265 115,000 SH   SOLE   115,000 0 0
MDCO 2 3/4 7/15/23 CONVERTIBLE BOND 584688AG0 315 300,000 PRN   SOLE   300,000 0 0
MEDALLION FINANCIAL CORP COM 583928106 358 165,000 SH   SOLE   165,000 0 0
MERCADOLIBRE INC. 2.250 07/0 CONVERTIBLE BOND 58733RAB8 209 100,000 PRN   SOLE   100,000 0 0
MERCURY COMPUTER SYS INC COM COM 589378108 1,842 35,500 SH   SOLE   35,500 0 0
MERIDIAN BIOSCIENCE INC COM COM 589584101 2,217 155,000 SH   SOLE   155,000 0 0
MESA LABS INC COM COM 59064R109 5,122 34,300 SH   SOLE   34,300 0 0
METHODE ELECTRS INC CL A COM 591520200 1,220 28,800 SH   SOLE   28,800 0 0
MGE ENERGY INC COM 55277P104 2,326 36,000 SH   SOLE   36,000 0 0
MGP INGREDIENTS INC NEW COM COM 55303J106 4,359 71,900 SH   SOLE   71,900 0 0
MICRON TECHNOLOGY INC. 3.000 CONVERTIBLE BOND 595112AY9 273 200,000 PRN   SOLE   200,000 0 0
MIDDLEBY CORP COM COM 596278101 5,691 44,400 SH   SOLE   44,400 0 0
MIDDLESEX WTR CO COM COM 596680108 1,175 29,933 SH   SOLE   29,933 0 0
MINERALS TECHNOLOGIES INC COM 603158106 290 4,100 SH   SOLE   4,100 0 0
MITCHAM INDS INC COM COM 606501104 36 10,319 SH   SOLE   10,319 0 0
MITEK SYS INC COM NEW COM 606710200 641 67,500 SH   SOLE   67,500 0 0
MITEL NETWORKS CORP COM COM 60671Q104 864 103,000 SH   SOLE   46,900 0 56,100
MODINE MFG CO COM 607828100 6,287 326,600 SH   SOLE   326,600 0 0
MODUSLINK GLOBAL SOLUTIONS I COM 60786L206 3,083 1,639,800 SH   SOLE   1,639,800 0 0
MONEYGRAM INTERNATIONAL INC CO COM 60935Y208 322 20,000 SH   SOLE   20,000 0 0
MOTORCAR PTS & ACCESSORS INCCO COM 620071100 707 24,000 SH   SOLE   24,000 0 0
MOVADO GROUP INC COM COM 624580106 1,820 65,000 SH   SOLE   65,000 0 0
MSA SAFETY INC COM COM 553498106 755 9,500 SH   SOLE   9,500 0 0
MTS SYS CORP COM COM 553777103 294 5,502 SH   SOLE   5,502 0 0
MUELLER WATER PRODUCTS INC COM 624758108 972 75,900 SH   SOLE   75,900 0 0
MVC CAP COM COM 553829102 1,344 134,300 SH   SOLE   134,300 0 0
MYERS INDS INC COM 628464109 12,840 612,900 SH   SOLE   612,900 0 0
MYR GROUP INC DEL COM COM 55405W104 4,099 140,674 SH   SOLE   116,374 0 24,300
MYRIAD GENETICS INC COM COM 62855J104 492 13,600 SH   SOLE   5,200 0 8,400
NAPCO SEC SYS INC COM COM 630402105 2,613 269,357 SH   SOLE   269,357 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 16,554 223,850 SH   SOLE   223,850 0 0
NATIONAL CINEMEDIA INC COM COM 635309107 84 12,000 SH   SOLE   12,000 0 0
NAUTILUS INC COM 63910B102 1,792 106,031 SH   SOLE   106,031 0 0
NAVIGATOR HOLDINGS LTD SHS COM Y62132108 1,665 150,000 SH   SOLE   150,000 0 0
NAVIGATORS GROUP INC COM COM 638904102 292 5,010 SH   SOLE   0 0 5,010
NAVISTAR INTL CORP COM COM 63934E108 881 20,000 SH   SOLE   20,000 0 0
NEOGEN CORP COM COM 640491106 9,508 122,750 SH   SOLE   122,750 0 0
NEOGENOMICS INC COM NEW COM 64049M209 2,197 197,407 SH   SOLE   197,407 0 0
NETSCOUT SYS INC COM COM 64115T104 1,551 47,950 SH   SOLE   17,000 0 30,950
NII HLDGS INC COM PAR $0.001 COM 62913F508 92 200,000 SH   SOLE   200,000 0 0
NUTANIX INC CL A COM 67059N108 405 18,100 SH   SOLE   18,100 0 0
OAKTREE CAP GROUP LLC UNIT CL UNITS 674001201 666 14,161 SH   SOLE   6,061 0 8,100
OCEANFIRST FINL CORP COM COM 675234108 675 24,550 SH   SOLE   24,550 0 0
OFG BANCORP COM 67103X102 184 20,150 SH   SOLE   20,150 0 0
OIL DRI CORP AMER COM COM 677864100 6,278 128,300 SH   SOLE   128,300 0 0
OMEGA PROTEIN CORP COM COM 68210P107 728 43,700 SH   SOLE   43,700 0 0
OMNICELL INC COM COM 68213N109 3,200 62,677 SH   SOLE   50,162 0 12,515
OMNOVA SOLUTIONS INC COM COM 682129101 2,847 260,000 SH   SOLE   260,000 0 0
ON SEMICONDUCTOR CORP COM COM 682189105 789 42,720 SH   SOLE   10,500 0 32,220
OPKO HEALTH INC COM COM 68375N103 1,646 240,000 SH   SOLE   240,000 0 0
ORBCOMM INC COM COM 68555P100 5,458 521,335 SH   SOLE   521,335 0 0
ORITANI FINL CORP DEL COM COM 68633D103 969 57,692 SH   SOLE   47,000 0 10,692
ORTHOFIX INTL N V ORD COM N6748L102 2,136 45,200 SH   SOLE   45,200 0 0
OXFORD INDS INC COM COM 691497309 807 12,700 SH   SOLE   6,200 0 6,500
PANDORA MEDIA INC COM COM 698354107 583 75,721 SH   SOLE   35,921 0 39,800
PARAMOUNT GROUP INC COM COM 69924R108 286 17,900 SH   SOLE   5,700 0 12,200
PARK ELECTROCHEMICAL CORP COM COM 700416209 2,465 133,228 SH   SOLE   133,228 0 0
PARK OHIO HLDGS CORP COM COM 700666100 7,839 171,900 SH   SOLE   171,900 0 0
PARSLEY ENERGY INC CL A COM 701877102 458 17,400 SH   SOLE   0 0 17,400
PATRIOT TRAMSPORTATION HOLDING COM 70338W105 299 15,000 SH   SOLE   15,000 0 0
PATTERSON COMPANIES INC COM 703395103 1,244 32,196 SH   SOLE   13,383 0 18,813
PATTERSON-UTI ENERGY INC COM COM 703481101 1,731 82,646 SH   SOLE   40,400 0 42,246
PCSB FINANCIAL CORPORATION COM COM 69324R104 273 14,500 SH   SOLE   14,500 0 0
PFSWEB INC COM NEW COM 717098206 2,500 299,362 SH   SOLE   299,362 0 0
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 147 35,000 SH   SOLE   35,000 0 0
PLANTRONICS COM 727493108 566 12,800 SH   SOLE   4,100 0 8,700
POWELL INDS INC COM COM 739128106 603 20,103 SH   SOLE   20,103 0 0
PREFORMED LINE PRODS CO COM COM 740444104 390 5,788 SH   SOLE   5,788 0 0
PRG-SCHULTZ INTERNATIONAL INCO COM 69357C503 1,108 158,259 SH   SOLE   158,259 0 0
PRIMO WTR CORP COM COM 74165N105 155 13,060 SH   SOLE   13,060 0 0
PROGRESS SOFTWARE CORP COM COM 743312100 1,571 41,158 SH   SOLE   16,100 0 25,058
PROOFPOINT INC. 0.750 06/15/ CONVERTIBLE BOND 743424AD5 250 200,000 PRN   SOLE   200,000 0 0
PTC INC COM COM 69370C100 408 7,246 SH   SOLE   0 0 7,246
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 1,721 158,000 SH   SOLE   158,000 0 0
QUIDEL CORP COM COM 74838J101 6,450 147,061 SH   SOLE   147,061 0 0
QUMU CORP COM COM 749063103 573 190,389 SH   SOLE   190,389 0 0
RAVEN INDS INC COM COM 754212108 813 25,080 SH   SOLE   25,080 0 0
READING INTERNATIONAL INC CL B COM 755408200 1,385 71,404 SH   SOLE   71,404 0 0
READING INTL INC CL A COM 755408101 6,086 387,172 SH   SOLE   387,172 0 0
RENASANT CORP COM COM 75970E107 1,586 36,971 SH   SOLE   36,971 0 0
RGC RES INC COM COM 74955L103 1,881 65,850 SH   SOLE   65,850 0 0
RLJ ENTMT INC COM NEW COM 74965F203 1,380 388,683 SH   SOLE   388,683 0 0
RPC INC. COMMON COM 749660106 2,169 87,500 SH   SOLE   87,500 0 0
RSP PERMIAN INC COM COM 74978Q105 256 7,411 SH   SOLE   7,411 0 0
RTI BIOLOGICS INC COM COM 74975N105 300 66,000 SH   SOLE   66,000 0 0
RUSH ENTERPRISES INC CL A COM 781846209 2,366 51,105 SH   SOLE   43,605 0 7,500
RUSH ENTERPRISES INC CL B COM 781846308 4,537 104,005 SH   SOLE   104,005 0 0
RYMAN HOSPITALITY PPTYS INC CO COM 78377T107 625 10,000 SH   SOLE   10,000 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 901 67,524 SH   SOLE   67,524 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 4,092 620,008 SH   SOLE   620,008 0 0
SANFILIPPO JOHN B & SON INC CO COM 800422107 1,517 22,531 SH   SOLE   22,531 0 0
SANOFI-AVENTIS-CVR WARRANT AND RIGH 80105N113 144 400,000 SH   SOLE   400,000 0 0
SCHMITT INDS INC ORE COM NEW COM 806870200 175 94,541 SH   SOLE   94,541 0 0
SCHULMAN A INC COM COM 808194104 3,425 100,300 SH   SOLE   72,200 0 28,100
SCIENTIFIC GAMES CORP CL A COM 80874P109 2,063 45,000 SH   SOLE   45,000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 17,315 906,048 SH   SOLE   906,048 0 0
SEQUENTIAL BRNDS GROUP INC NEW COM 81734P107 30 10,000 SH   SOLE   10,000 0 0
SHENANDOAH TELECOMMUNICATIONCD COM 82312B106 17,856 480,000 SH   SOLE   480,000 0 0
SHILOH INDS INC COM COM 824543102 759 73,000 SH   SOLE   73,000 0 0
SILVERCREST ASSET MGMT GROUPCL COM 828359109 1,237 85,000 SH   SOLE   85,000 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 1,058 33,000 SH   SOLE   33,000 0 0
SJW GROUP COM 784305104 5,598 98,904 SH   SOLE   98,904 0 0
SKYLINE CORP COM 830830105 1,090 90,172 SH   SOLE   90,172 0 0
SNYDERS LANCE INC COM COM 833551104 9,291 243,600 SH   SOLE   243,600 0 0
SONIC AUTOMOTIVE INC CL A COM 83545G102 1,357 66,500 SH   SOLE   66,500 0 0
SOUTH ST CORP COM COM 840441109 270 2,995 SH   SOLE   2,995 0 0
SOUTHWEST BANCORP INC OKLA COM COM 844767103 567 20,594 SH   SOLE   20,594 0 0
SPWR 4 1/15/23 CONVERTIBLE BOND 867652AL3 249 300,000 PRN   SOLE   300,000 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 5,896 122,200 SH   SOLE   122,200 0 0
STANDEX INTL CORP COM 854231107 2,974 28,000 SH   SOLE   28,000 0 0
STANLEY FURNITURE INC COM NEW COM 854305208 30 25,000 SH   SOLE   25,000 0 0
STARRETT L S CO CL A COM 855668109 3,102 348,498 SH   SOLE   348,498 0 0
STATE BK FINL CORP COM COM 856190103 1,281 44,700 SH   SOLE   34,300 0 10,400
STEEL PARTNERS HLDGS L P COM 85814R107 11,402 623,046 SH   SOLE   623,046 0 0
STEELCASE INC CL A COM 858155203 351 22,780 SH   SOLE   8,280 0 14,500
STERIS PLC SHARES COM G84720104 309 3,500 SH   SOLE   3,500 0 0
STERLING BANCORP/DE COM 85917A100 3,535 143,409 SH   SOLE   143,409 0 0
STIFEL FINL CORP COM COM 860630102 937 17,532 SH   SOLE   5,500 0 12,032
STONERIDGE INC COM 86183P102 5,920 298,824 SH   SOLE   298,824 0 0
STRATASYS LTD SHS COM M85548101 370 16,000 SH   SOLE   16,000 0 0
STRATTEC SECURITY CORP. COM 863111100 7,268 177,700 SH   SOLE   177,700 0 0
SUNOPTA INC COM COM 8676EP108 2,711 311,664 SH   SOLE   311,664 0 0
SUPERIOR INDS INTL INC COM 868168105 7,992 480,000 SH   SOLE   480,000 0 0
SURMODICS INC COM COM 868873100 8,581 276,792 SH   SOLE   276,792 0 0
SVB FINL GROUP COM COM 78486Q101 326 1,745 SH   SOLE   148 0 1,597
SWK 5 3/8 5/15/20 CONVERTIBLE PREF 854502887 345 3,007 SH   SOLE   3,007 0 0
TEAM INC COM COM 878155100 5,273 395,000 SH   SOLE   395,000 0 0
TEJON RANCH CO DEL COM COM 879080109 2,827 134,000 SH   SOLE   134,000 0 0
TENNANT CO COM 880345103 3,264 49,300 SH   SOLE   49,300 0 0
TENNECO INC COM 880349105 2,245 37,000 SH   SOLE   37,000 0 0
TESCO CORP COM COM 88157K101 316 57,900 SH   SOLE   57,900 0 0
TETRAPHASE PHARMACEUTICALS ICO COM 88165N105 205 30,000 SH   SOLE   30,000 0 0
THESTREET INC COM 88368Q103 76 70,000 SH   SOLE   70,000 0 0
TIMKENSTEEL CORP COM COM 887399103 2,340 141,799 SH   SOLE   141,799 0 0
TITAN INTL INC ILL COM COM 88830M102 355 35,000 SH   SOLE   35,000 0 0
TITAN MACHY INC COM COM 88830R101 2,023 130,233 SH   SOLE   130,233 0 0
TOWER INTL INC COM COM 891826109 909 33,425 SH   SOLE   33,425 0 0
TOWNSQUARE MEDIA INC CL A COM 892231101 940 94,000 SH   SOLE   94,000 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 1,299 133,200 SH   SOLE   133,200 0 0
TREDEGAR INDS INC COM 894650100 9,137 507,600 SH   SOLE   507,600 0 0
TRINITY BIOTECH PLC SPON ADR N COM 896438306 1,300 231,730 SH   SOLE   231,730 0 0
TRISTATE CAP HLDGS INC COM COM 89678F100 229 10,000 SH   SOLE   10,000 0 0
TRONC INC COM COM 89703P107 382 26,257 SH   SOLE   26,257 0 0
TRUSTCO BK CORP N Y COM COM 898349105 579 65,000 SH   SOLE   65,000 0 0
TUESDAY MORNING CORP COM NEW COM 899035505 173 54,000 SH   SOLE   54,000 0 0
TWIN DISC INC COM COM 901476101 6,291 338,069 SH   SOLE   338,069 0 0
TYLER TECHNOLOGIES INC COM COM 902252105 593 3,400 SH   SOLE   3,400 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 4,807 157,000 SH   SOLE   157,000 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 169 25,000 SH   SOLE   25,000 0 0
UMPQUA HLDGS CORP COM COM 904214103 407 20,886 SH   SOLE   14,250 0 6,636
UNITED FINANCIAL BANCORP INC COM 910304104 3,069 167,800 SH   SOLE   149,600 0 18,200
UNITED GUARDIAN INC COM COM 910571108 1,519 77,900 SH   SOLE   77,900 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 260 75,000 SH   SOLE   75,000 0 0
UTAH MED PRODS INC COM COM 917488108 368 5,000 SH   SOLE   5,000 0 0
VALUE LINE INC COM 920437100 583 33,089 SH   SOLE   33,089 0 0
VEECO INSTRS INC DEL COM COM 922417100 492 22,986 SH   SOLE   22,986 0 0
VERSUM MATLS INC COM COM 92532W103 908 23,401 SH   SOLE   11,425 0 11,976
VIAD CORP COM NEW COM 92552R406 2,270 37,282 SH   SOLE   37,282 0 0
VICOR CORP COM COM 925815102 873 37,000 SH   SOLE   37,000 0 0
VIDEOCON D2H LTD ADR COM 92657J101 371 41,675 SH   SOLE   41,675 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 1,053 42,581 SH   SOLE   42,581 0 0
W 3/8 9/1/22 144A CONVERTIBLE BOND 94419LAA9 216 223,000 PRN   SOLE   223,000 0 0
WABASH NATL CORP COM COM 929566107 1,597 70,000 SH   SOLE   70,000 0 0
WASHINGTON FED INC COM 938824109 860 25,550 SH   SOLE   7,000 0 18,550
WASHINGTON TR BANCORP COM COM 940610108 3,436 60,020 SH   SOLE   49,900 0 10,120
WATERSTONE FINL INC MD COM COM 94188P101 1,913 98,100 SH   SOLE   88,000 0 10,100
WELLTOWER INC CV PFD 6.500 CONVERTIBLE PREF 95040Q203 254 4,000 SH   SOLE   4,000 0 0
WESTERN NEW ENGLAND BANCORP COM 958892101 949 87,100 SH   SOLE   87,100 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 182 23,000 SH   SOLE   23,000 0 0
WINDSTREAM HLDGS INC COM NEW COM 97382A200 846 477,914 SH   SOLE   477,914 0 0
WINNEBAGO INDS INC COM COM 974637100 2,730 61,000 SH   SOLE   61,000 0 0
WOODWARD INC COM 980745103 423 5,450 SH   SOLE   3,400 0 2,050
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 801 34,000 SH   SOLE   34,000 0 0
XENITH BANKSHARES INC NEW COM 984102202 569 17,512 SH   SOLE   17,512 0 0
XO GROUP INC COM COM 983772104 1,475 74,991 SH   SOLE   74,991 0 0
YORK WTR CO COM COM 987184108 1,493 44,037 SH   SOLE   44,037 0 0
ZAGG INC COM COM 98884U108 1,395 88,600 SH   SOLE   88,600 0 0