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 5,605 523,846 SH   SOLE   523,846 0 0
A H BELO CORP COM CL A COM 001282102 432 90,093 SH   SOLE   90,093 0 0
AARON'S INC COM 002535300 1,913 48,000 SH   SOLE   48,000 0 0
ABM INDS INC COM COM 000957100 551 14,600 SH   SOLE   0 0 14,600
ACCURAY INC COM COM 004397105 142 32,960 SH   SOLE   32,960 0 0
ACME UTD CORP COM COM 004816104 2,976 127,200 SH   SOLE   127,200 0 0
AEROJET ROCKETDYDTD 12/14/1 2. CORPORATE BONDS 007800AB1 344 250,000 PRN   SOLE   250,000 0 0
AEROJET ROCKETDYNE HOLDINGS COM 007800105 34,910 1,118,900 SH   SOLE   1,118,900 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 2,445 47,000 SH   SOLE   47,000 0 0
AMERICAN EAGLE OUTFITTERS INCO COM 02553E106 1,209 64,300 SH   SOLE   28,650 0 35,650
AMERICAN RAILCAR INDS INC COM COM 02916P103 387 9,292 SH   SOLE   9,292 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 2,337 200,913 SH   SOLE   200,913 0 0
AMPCO PITTSBURGH CORP COM 032037103 5,851 471,844 SH   SOLE   471,844 0 0
AMTECH SYS INC COM PAR $0.01N COM 032332504 171 17,000 SH   SOLE   17,000 0 0
ANCHOR BANK CORP COM 032838104 1,225 49,400 SH   SOLE   49,400 0 0
ANGIODYNAMICS INC COM COM 03475V101 849 51,066 SH   SOLE   30,350 0 20,716
ARMSTRONG FLOORING INC COM COM 04238R106 3,983 235,400 SH   SOLE   235,400 0 0
ARTESIAN RES CORP COM CL A COM 043113208 946 24,526 SH   SOLE   24,526 0 0
ASCENT CAPITAL GROUP INC COM 043632108 2,299 200,079 SH   SOLE   200,079 0 0
ASTEC INDS INC COM COM 046224101 17,761 303,600 SH   SOLE   303,600 0 0
ASTRONICS CORP COM COM 046433108 560 13,500 SH   SOLE   13,500 0 0
ATLANTIC AMERN CORP COM COM 048209100 68 20,000 SH   SOLE   20,000 0 0
ATLANTIC CAP BANCSHARES INC CO COM 048269203 1,215 69,008 SH   SOLE   50,808 0 18,200
ATLAS AIR WORLDWIDE HLDGS 2.25 CONVERTIBLE BOND 049164BH8 287 250,000 PRN   SOLE   250,000 0 0
ATN INTERNATIONAL INC COM 00215F107 2,807 50,800 SH   SOLE   50,800 0 0
AVID TECHNOLOGY INC COM 05367P100 593 110,000 SH   SOLE   110,000 0 0
AZZ INC COM COM 002474104 1,022 20,000 SH   SOLE   20,000 0 0
BADGER METER INC COM COM 056525108 1,338 28,000 SH   SOLE   28,000 0 0
BANKUNITED INC COM COM 06652K103 1,045 25,670 SH   SOLE   13,570 0 12,100
BARNES GROUP INC COM COM 067806109 269 4,250 SH   SOLE   4,250 0 0
BASSETT FURNITURE INDS COM 070203104 6,900 183,500 SH   SOLE   183,500 0 0
BDX 6 1/8 5/1/20 CONVERTIBLE PREF 075887208 318 5,494 SH   SOLE   5,494 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 9,715 725,000 SH   SOLE   725,000 0 0
BENEFICIAL BANCORP INC COM 08171T102 686 41,698 SH   SOLE   22,598 0 19,100
BERKSHIRE HILLS BANCORP INC CO COM 084680107 521 14,246 SH   SOLE   14,246 0 0
BERRY PLASTICS GROUP INC COM COM 08579W103 5,815 99,111 SH   SOLE   99,111 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 866 114,000 SH   SOLE   114,000 0 0
BIGLARI HOLDINGS INC COM 08986R101 5,463 13,183 SH   SOLE   13,183 0 0
BIOLASE TECHNOLOGY INC COM COM 090911108 196 459,606 SH   SOLE   459,606 0 0
BIOSCRIP INC COM 09069N108 1,883 647,100 SH   SOLE   647,100 0 0
BIOTELEMETRY INC COM COM 090672106 4,249 142,100 SH   SOLE   142,100 0 0
BON-TON STORES INC COM COM 09776J101 103 300,000 SH   SOLE   300,000 0 0
BOSTON BEER INC CL A COM 100557107 1,624 8,500 SH   SOLE   8,500 0 0
BOTTOMLINE TECH DEL INC COM COM 101388106 1,193 34,400 SH   SOLE   16,100 0 18,300
BOYD GAMING CORP COM 103304101 2,517 71,800 SH   SOLE   71,800 0 0
BRINKS CO COM COM 109696104 417 5,300 SH   SOLE   0 0 5,300
BROADWIND ENERGY INC COM NEW COM 11161T207 243 89,440 SH   SOLE   89,440 0 0
BROWN & BROWN INC COM COM 115236101 838 16,284 SH   SOLE   7,050 0 9,234
CABOT MICROELECTRONICS COM 12709P103 1,129 12,000 SH   SOLE   4,400 0 7,600
CADIZ INC COM 127537207 644 45,174 SH   SOLE   45,174 0 0
CALAVO GROWERS INC COM COM 128246105 5,064 60,000 SH   SOLE   60,000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 1,125 24,800 SH   SOLE   24,800 0 0
CALLAWAY GOLF CO COM COM 131193104 1,343 96,387 SH   SOLE   96,387 0 0
CALLIDUS SOFTWARE INC COM COM 13123E500 9,082 317,000 SH   SOLE   317,000 0 0
CALLON PETE CO DEL COM COM 13123X102 2,975 244,844 SH   SOLE   244,844 0 0
CAMBIUM LEARNING GRP INC COM COM 13201A107 57 10,000 SH   SOLE   10,000 0 0
CANTEL MEDICAL CORP COM COM 138098108 6,069 59,000 SH   SOLE   59,000 0 0
CANTERBURY PK HLDG CORP COM 13811E101 2,680 164,900 SH   SOLE   164,900 0 0
CAPSTONE TURBINE CORP COM 14067D409 12 15,001 SH   SOLE   15,001 0 0
CARBONITE INC COM 141337105 2,000 79,687 SH   SOLE   79,687 0 0
CARDIOVASCULAR SYS INC DEL COM COM 141619106 2,632 111,100 SH   SOLE   111,100 0 0
CAREDX INC COM 14167L103 103 14,000 SH   SOLE   14,000 0 0
CARPENTER TECHNOLOGY CORP COM COM 144285103 591 11,600 SH   SOLE   0 0 11,600
CASELLA WASTE SYS INC CL A COM 147448104 13,900 603,828 SH   SOLE   603,828 0 0
CAVCO INDUSTRIES COM 149568107 8,546 56,000 SH   SOLE   56,000 0 0
CCI 6 7/8 8/1/20 CONVERTIBLE PREF 22822V309 344 304 SH   SOLE   304 0 0
CECO ENVIRONMENTAL CORP COM COM 125141101 91 17,720 SH   SOLE   17,720 0 0
CENTENNIAL RESOURCE DEV INC CL COM 15136A102 262 13,252 SH   SOLE   13,252 0 0
CHART INDS INC COM 16115Q308 3,280 70,000 SH   SOLE   70,000 0 0
CHASE CORP COM 16150R104 11,198 92,933 SH   SOLE   92,933 0 0
CHEESECAKE FACTORY INC COM 163072101 2,409 50,000 SH   SOLE   50,000 0 0
CHENIERE ENERGY, INC. 4.250 0 CONVERTIBLE BOND 16411RAG4 285 400,000 PRN   SOLE   400,000 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 2,612 33,250 SH   SOLE   33,250 0 0
CHURCHILL DOWNS INC COM COM 171484108 7,107 30,540 SH   SOLE   30,540 0 0
CINCINNATI BELL INC NEW COM NE COM 171871502 6,214 298,023 SH   SOLE   298,023 0 0
CIRCOR INTL INC COM COM 17273K109 8,938 183,600 SH   SOLE   172,200 0 11,400
CITIZENS & NORTHN CORP COM COM 172922106 437 18,200 SH   SOLE   18,200 0 0
COBIZ FINANCIAL INC COM COM 190897108 2,795 139,839 SH   SOLE   124,239 0 15,600
COGENTIX MEDICAL INC COM 19243A104 362 115,000 SH   SOLE   115,000 0 0
COHEN & STEERS INC COM COM 19247A100 5,155 109,000 SH   SOLE   109,000 0 0
COLLEGIUM PHARMACEUTICAL INCCO COM 19459J104 591 32,000 SH   SOLE   32,000 0 0
COLUMBIA BKG SYS INC COM COM 197236102 348 8,001 SH   SOLE   2,700 0 5,301
COLUMBUS MCKINNON CORP N Y COM COM 199333105 5,024 125,660 SH   SOLE   125,660 0 0
COMMERCEHUB INC SER C COM 20084V306 309 15,000 SH   SOLE   15,000 0 0
CONNECTICUT WTR SVC INC COM COM 207797101 230 4,000 SH   SOLE   4,000 0 0
CONSOLIDATED COMM HLDGS INC CO COM 209034107 485 39,801 SH   SOLE   39,801 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 832 66,000 SH   SOLE   66,000 0 0
CONVERGYS CORP COM COM 212485106 797 33,920 SH   SOLE   17,620 0 16,300
CORE MOLDING TECH COM COM 218683100 6,477 298,500 SH   SOLE   298,500 0 0
COTT CORP COM COM 22163N106 1,833 110,000 SH   SOLE   110,000 0 0
CROWN HOLDINGS INC COM COM 228368106 354 6,300 SH   SOLE   6,300 0 0
CSGS 4 1/4 3/15/36 CONVERTIBLE BOND 126349AF6 274 250,000 PRN   SOLE   250,000 0 0
CTS CORP COM 126501105 8,845 343,500 SH   SOLE   343,500 0 0
CUTERA INC COM COM 232109108 14,421 318,000 SH   SOLE   318,000 0 0
CY 4 1/2 1/15/22 CONVERTIBLE BOND 232806AM1 397 300,000 PRN   SOLE   300,000 0 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 1,835 120,400 SH   SOLE   40,400 0 80,000
C&J ENERGY SVCS INC NEW COM COM 12674R100 1,244 37,176 SH   SOLE   22,676 0 14,500
DAKTRONICS INC COM COM 234264109 639 70,000 SH   SOLE   70,000 0 0
DANA HOLDING CORP COM COM 235825205 3,361 105,000 SH   SOLE   105,000 0 0
DARLING INTL INC COM COM 237266101 1,305 72,000 SH   SOLE   35,200 0 36,800
DATAWATCH CORP COM NEW COM 237917208 266 28,000 SH   SOLE   28,000 0 0
DAWSON GEOPHYSICAL CO NEW COM COM 239360100 99 20,000 SH   SOLE   20,000 0 0
DENNYS CORP COM COM 24869P104 793 59,900 SH   SOLE   59,900 0 0
DESTINATION XL GROUP INC COM 25065K104 62 28,000 SH   SOLE   28,000 0 0
DICKS SPORTING GOODS INC COM COM 253393102 282 9,827 SH   SOLE   627 0 9,200
DIEBOLD NIXDORF COM 253651103 1,440 88,073 SH   SOLE   38,073 0 50,000
DIGI INTL INC COM COM 253798102 810 84,801 SH   SOLE   84,801 0 0
DIME CMNTY BANCORP INC COM COM 253922108 750 35,800 SH   SOLE   35,800 0 0
DISH 3 3/8 8/15/26 CONVERTIBLE BOND 25470MAB5 328 300,000 PRN   SOLE   300,000 0 0
DOUGLAS DYNAMICS INC COM COM 25960R105 378 10,000 SH   SOLE   10,000 0 0
DOVER DOWNS GAMING & ENTMT INC COM 260095104 151 147,970 SH   SOLE   147,970 0 0
DTE 6 1/2 10/1/19 CONVERTIBLE PREF 233331883 271 5,000 SH   SOLE   5,000 0 0
DUCOMMUN INC DEL COM COM 264147109 3,575 125,642 SH   SOLE   125,642 0 0
DUN & BRADSTREET CORP COM 26483E100 554 4,679 SH   SOLE   1,879 0 2,800
DXP ENTERPRISES INC NEW COM NE COM 233377407 361 12,200 SH   SOLE   12,200 0 0
EASTERN CO COM COM 276317104 9,287 355,131 SH   SOLE   355,131 0 0
EDGEWATER TECHNOLOGY INC COM COM 280358102 4,402 705,520 SH   SOLE   705,520 0 0
ELDORADO RESORTS INC COM COM 28470R102 2,586 78,000 SH   SOLE   78,000 0 0
ELECTRO SCIENTIFIC INDS INC CO COM 285229100 2,682 125,139 SH   SOLE   98,889 0 26,250
ELECTROMED INC COM COM 285409108 599 98,654 SH   SOLE   98,654 0 0
EMCOR GROUP INC COM COM 29084Q100 1,022 12,500 SH   SOLE   5,700 0 6,800
ENERGY RECOVERY INC COM 29270J100 595 68,000 SH   SOLE   68,000 0 0
ENTEGRIS INC COM COM 29362U104 8,051 264,400 SH   SOLE   214,400 0 50,000
ENTERCOM COMMUNICATIONS CORPCL COM 293639100 850 78,700 SH   SOLE   78,700 0 0
ENTRAVISION COMM CORP CL A COM 29382R107 5,854 818,763 SH   SOLE   818,763 0 0
EQUITY COMWLTH COM SH BEN INT COM 294628102 275 9,000 SH   SOLE   5,100 0 3,900
ESTERLINE TECHNOLOGIES CORP CO COM 297425100 331 4,425 SH   SOLE   1,425 0 3,000
ETHAN ALLEN INTERIORS INC COM COM 297602104 1,642 57,412 SH   SOLE   39,912 0 17,500
EVINE LIVE INC COM 300487105 587 419,200 SH   SOLE   419,200 0 0
EXACTECH INC COM COM 30064E109 10,553 213,400 SH   SOLE   213,400 0 0
EXELIXIS INC COM COM 30161Q104 5,776 190,000 SH   SOLE   190,000 0 0
EXTREME NETWORKS INC COM COM 30226D106 4,333 346,100 SH   SOLE   298,600 0 47,500
F N B CORP PA COM COM 302520101 1,045 75,600 SH   SOLE   75,600 0 0
FARMER BROS CO COM 307675108 6,623 206,013 SH   SOLE   206,013 0 0
FARMERS NATL BANC CORP COM COM 309627107 590 40,000 SH   SOLE   40,000 0 0
FARO TECHNOLOGIES INC COM COM 311642102 973 20,700 SH   SOLE   6,700 0 14,000
FEDERAL SIGNAL CORP COM COM 313855108 14,465 720,000 SH   SOLE   720,000 0 0
FERRO CORP COM 315405100 27,381 1,160,685 SH   SOLE   1,143,285 0 17,400
FIDELITY SOUTHERN CORP COM 316394105 262 12,018 SH   SOLE   12,018 0 0
FIRST FNDTN INC COM COM 32026V104 189 10,200 SH   SOLE   10,200 0 0
FIRST INTERNET BANCORP COM COM 320557101 1,221 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 16,499 599,970 SH   SOLE   599,970 0 0
FORMFACTOR INC COM COM 346375108 8,337 532,734 SH   SOLE   476,398 0 56,336
FOSTER L B CO COM COM 350060109 2,118 78,000 SH   SOLE   78,000 0 0
FREQUENCY ELECTRS INC COM COM 358010106 187 20,000 SH   SOLE   20,000 0 0
FRP HLDGS INC COM COM 30292L107 1,111 25,100 SH   SOLE   25,100 0 0
FTI CONSULTING INC COM COM 302941109 1,412 32,868 SH   SOLE   10,750 0 22,118
FULL HOUSE RESORTS INC COM COM 359678109 1,976 508,000 SH   SOLE   508,000 0 0
GENCOR INDS INC COM COM 368678108 9,218 557,000 SH   SOLE   557,000 0 0
GENESIS HEALTHCARE INC CL A CO COM 37185X106 50 65,000 SH   SOLE   65,000 0 0
GENIUS BRANDS INTERN COM 37229T301 54 20,000 SH   SOLE   20,000 0 0
GENTHERM INC COM COM 37253A103 425 13,400 SH   SOLE   13,400 0 0
GIBRALTER INDUSTRIES INC COM 374689107 4,653 141,000 SH   SOLE   141,000 0 0
GLACIER BANCORP INC NEW COM COM 37637Q105 1,001 25,400 SH   SOLE   7,900 0 17,500
GOLDEN ENTERTAINMENT INC COM 381013101 16,498 505,297 SH   SOLE   505,297 0 0
GORMAN RUPP CO COM 383082104 3,839 123,000 SH   SOLE   123,000 0 0
GP STRATEGIES CORP COM COM 36225V104 2,349 101,271 SH   SOLE   101,271 0 0
GRAHAM CORP COM COM 384556106 724 34,600 SH   SOLE   34,600 0 0
GRAY TELEVISION, INC COM 389375106 4,280 255,500 SH   SOLE   255,500 0 0
GRAY TELEVISION, INC CL A COM 389375205 1,158 80,692 SH   SOLE   80,692 0 0
GREENBRIER COS INC COM 393657101 2,132 40,000 SH   SOLE   40,000 0 0
GRIFFIN INDUSTRIAL REALTY IN COM 398231100 9,382 255,647 SH   SOLE   255,647 0 0
GRIFFON CORP COM COM 398433102 8,602 422,703 SH   SOLE   422,703 0 0
GSE SYS INC COM COM 36227K106 65 20,000 SH   SOLE   20,000 0 0
GULFPORT ENERGY CORP COM NEW COM 402635304 509 39,900 SH   SOLE   0 0 39,900
GYRODYNE LLC COM COM 403829104 254 12,638 SH   SOLE   12,638 0 0
HABIT RESTAURANTS INC COM CL A COM 40449J103 104 10,900 SH   SOLE   10,900 0 0
HAIN CELESTIAL GROUP INC COM 405217100 3,195 75,383 SH   SOLE   75,383 0 0
HALLMARK FINL SVCS INC ECCOM N COM 40624Q203 1,918 183,860 SH   SOLE   183,860 0 0
HANCOCK HOLDING CO COM 410120109 718 14,500 SH   SOLE   14,500 0 0
HANESBRANDS INC COM COM 410345102 520 24,872 SH   SOLE   11,372 0 13,500
HAVERTY FURNITURE INC COM COM 419596101 272 12,000 SH   SOLE   0 0 12,000
HAWKINS INC COM COM 420261109 2,886 82,000 SH   SOLE   82,000 0 0
HAYNES INTERNATIONAL INC COM 420877201 929 29,000 SH   SOLE   29,000 0 0
HC2 HLDGS INC COM COM 404139107 4,225 710,000 SH   SOLE   710,000 0 0
HEARTLAND FINL USA INC COM COM 42234Q102 241 4,500 SH   SOLE   2,000 0 2,500
HERC HLDGS INC COM COM 42704L104 814 13,000 SH   SOLE   13,000 0 0
HERITAGE COMMERCE CORP COM COM 426927109 473 30,900 SH   SOLE   30,900 0 0
HESKA CORPORATION COM NEW COM 42805E306 882 11,000 SH   SOLE   11,000 0 0
HEXCEL CORP NEW COM COM 428291108 677 10,952 SH   SOLE   4,752 0 6,200
HOMESTREET INC COM COM 43785V102 869 30,000 SH   SOLE   30,000 0 0
HOPE BANCORP INC COM COM 43940T109 1,622 88,896 SH   SOLE   88,896 0 0
HUDSON TECHNOLOGIES INC COM COM 444144109 654 107,700 SH   SOLE   107,700 0 0
HUTTIG BLDG PRODS INC COM COM 448451104 5,320 800,000 SH   SOLE   800,000 0 0
ICC HOLDINGS INC COM 44931Q104 560 34,400 SH   SOLE   34,400 0 0
ICF INTL INC COM COM 44925C103 1,223 23,300 SH   SOLE   23,300 0 0
ICPT 3 1/4 7/1/23 CONVERTIBLE BOND 45845PAA6 242 300,000 PRN   SOLE   300,000 0 0
ICU MEDICAL INC COM 44930G107 1,666 7,714 SH   SOLE   5,622 0 2,092
IMAX CORP COM COM 45245E109 718 31,000 SH   SOLE   31,000 0 0
INFINERA CORPORATION COM COM 45667G103 1,244 196,600 SH   SOLE   66,800 0 129,800
INFUSYSTEM HLDGS INC COM COM 45685K102 1,381 600,218 SH   SOLE   600,218 0 0
INGLES MKTS INC CL A COM 457030104 6,132 177,224 SH   SOLE   177,224 0 0
INNOPHOS HOLDINGS INC COM COM 45774N108 327 7,000 SH   SOLE   7,000 0 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 362 123,000 SH   SOLE   123,000 0 0
INSIGNIA SYS INC COM COM 45765Y105 374 314,509 SH   SOLE   314,509 0 0
INTEGER HOLDINGS CORP COM 45826H109 1,042 23,000 SH   SOLE   23,000 0 0
INTERDIGITAL INC 1.5 3/1/20 CONVERTIBLE BOND 458660AD9 417 350,000 PRN   SOLE   350,000 0 0
INTERNAP CORP COM PAR COM 45885A409 5,577 355,000 SH   SOLE   355,000 0 0
INTEVAC INC COM COM 461148108 1,507 220,030 SH   SOLE   220,030 0 0
INTRICON CORP COM COM 46121H109 3,418 172,617 SH   SOLE   172,617 0 0
INVESTORS BANCORP INC COM 46146L101 1,430 103,046 SH   SOLE   44,250 0 58,796
INVITAE CORP COM COM 46185L103 908 100,041 SH   SOLE   100,041 0 0
IPHI 1 1/8 12/1/20 CONVERTIBLE BOND 45772FAB3 350 300,000 PRN   SOLE   300,000 0 0
IRIDIUM COMMUNICATIONS INC COM COM 46269C102 236 20,000 SH   SOLE   20,000 0 0
ITERIS INC COM 46564T107 139 20,000 SH   SOLE   20,000 0 0
IXYS CORP DEL COM COM 46600W106 2,244 93,700 SH   SOLE   93,700 0 0
J & J SNACK FOODS CORP COM 466032109 228 1,500 SH   SOLE   1,500 0 0
JA SOLAR HOLDINGS CO LTD SPON COM 466090206 292 39,200 SH   SOLE   39,200 0 0
JAMBA INC COM NEW COM 47023A309 414 51,352 SH   SOLE   51,352 0 0
JASON INDS INC COM COM 471172106 36 15,000 SH   SOLE   15,000 0 0
JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 9,712 87,649 SH   SOLE   87,649 0 0
JOHNSON OUTDOORS INC CL A COM 479167108 621 10,000 SH   SOLE   10,000 0 0
K2M GROUP HLDGS INC COM COM 48273J107 720 40,000 SH   SOLE   40,000 0 0
KAMAN CORP COM 483548103 11,609 197,301 SH   SOLE   197,301 0 0
KAR AUCTION SVCS INC COM COM 48238T109 1,868 36,979 SH   SOLE   36,979 0 0
KEY TECHNOLOGY INC COM COM 493143101 2,409 130,707 SH   SOLE   130,707 0 0
KIMBALL ELECTRONICS INC COM COM 49428J109 2,117 116,000 SH   SOLE   116,000 0 0
KIMBALL INTL INC CL B COM 494274103 10,455 560,000 SH   SOLE   560,000 0 0
KINDRED HEALTHCARE INC COM COM 494580103 1,940 200,000 SH   SOLE   200,000 0 0
KKR & CO. L.P COM 48248M102 1,913 90,843 SH   SOLE   90,843 0 0
KN 3 1/4 11/1/21 CONVERTIBLE BOND 49926DAB5 333 300,000 PRN   SOLE   300,000 0 0
KOPIN CORP COM COM 500600101 640 200,000 SH   SOLE   200,000 0 0
LA Z BOY CHAIR CO COM 505336107 1,747 56,000 SH   SOLE   56,000 0 0
LAKELAND INDS INC. COM 511795106 178 12,211 SH   SOLE   12,211 0 0
LANDS END INC NEW COM COM 51509F105 1,760 90,000 SH   SOLE   90,000 0 0
LAWSON PRODS INC COM COM 520776105 6,601 266,714 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 2,436 57,700 SH   SOLE   19,800 0 37,900
LENDING TREE INC. COM 52603B107 4,017 11,800 SH   SOLE   11,800 0 0
LIFEWAY FOODS INC COM COM 531914109 1,312 164,031 SH   SOLE   164,031 0 0
LIMONEIRA CO COM COM 532746104 3,104 138,575 SH   SOLE   138,575 0 0
LINDSAY CORP COM 535555106 1,337 15,164 SH   SOLE   15,164 0 0
LITHIA MOTORS INC. COM 536797103 3,090 27,200 SH   SOLE   27,200 0 0
LSB INDS INC COM COM 502160104 745 85,000 SH   SOLE   85,000 0 0
LYDALL INC COM COM 550819106 5,580 109,949 SH   SOLE   109,949 0 0
MACQUARIE INFRASTRUCTURE COMPA COM 55608B105 1,027 16,000 SH   SOLE   16,000 0 0
MARCUS CORP COM COM 566330106 9,983 365,000 SH   SOLE   365,000 0 0
MARINE PRODS CORP COM COM 568427108 10,350 812,400 SH   SOLE   812,400 0 0
MARINEMAX INC COM COM 567908108 1,464 77,449 SH   SOLE   77,449 0 0
MARVELL TECHNOLOGY GRP LTD COM G5876H105 1,539 71,700 SH   SOLE   32,400 0 39,300
MATADOR RES CO COM COM 576485205 1,217 39,100 SH   SOLE   17,500 0 21,600
MATERIALISE NV SPONSORED ADS COM 57667T100 127 10,000 SH   SOLE   10,000 0 0
MATERION CORPORATION COM 576690101 8,544 175,800 SH   SOLE   175,800 0 0
MATTHEWS INTL CORP CL A COM 577128101 241 4,560 SH   SOLE   4,560 0 0
MCGRATH RENTCORP COM COM 580589109 2,170 46,200 SH   SOLE   27,200 0 19,000
MDC PARTNERS INC-A COM 552697104 1,121 115,000 SH   SOLE   115,000 0 0
MEDALLION FINANCIAL CORP COM 583928106 600 170,000 SH   SOLE   170,000 0 0
MELINTA THERAPEUTICS INC COM 58549G100 237 15,000 SH   SOLE   15,000 0 0
MERCADOLIBRE, INC. 2.250 07/0 CONVERTIBLE BOND 58733RAB8 250 100,000 PRN   SOLE   100,000 0 0
MERCURY COMPUTER SYS INC COM COM 589378108 1,823 35,500 SH   SOLE   35,500 0 0
MERIDIAN BIOSCIENCE INC COM COM 589584101 2,170 155,000 SH   SOLE   155,000 0 0
MESA LABS INC COM COM 59064R109 4,201 33,800 SH   SOLE   33,800 0 0
METHODE ELECTRS INC CL A COM 591520200 1,155 28,800 SH   SOLE   28,800 0 0
MGE ENERGY INC COM 55277P104 2,272 36,000 SH   SOLE   36,000 0 0
MGP INGREDIENTS INC NEW COM COM 55303J106 5,066 65,900 SH   SOLE   65,900 0 0
MICRON TECHNOLOGY, INC. 3.000 CONVERTIBLE BOND 595112AY9 290 200,000 PRN   SOLE   200,000 0 0
MIDDLEBY CORP COM COM 596278101 5,992 44,400 SH   SOLE   44,400 0 0
MIDDLESEX WTR CO COM COM 596680108 1,183 29,633 SH   SOLE   29,633 0 0
MINERALS TECHNOLOGIES INC COM 603158106 282 4,100 SH   SOLE   4,100 0 0
MITCHAM INDS INC COM COM 606501104 44 14,019 SH   SOLE   14,019 0 0
MITEK SYS INC COM NEW COM 606710200 604 67,500 SH   SOLE   67,500 0 0
MITEL NETWORKS CORP COM COM 60671Q104 1,146 139,200 SH   SOLE   55,000 0 84,200
MODINE MFG CO COM 607828100 6,294 311,600 SH   SOLE   311,600 0 0
MODUSLINK GLOBAL SOLUTIONS I COM 60786L206 4,059 1,630,000 SH   SOLE   1,630,000 0 0
MONEYGRAM INTERNATIONAL INC CO COM 60935Y208 264 20,000 SH   SOLE   20,000 0 0
MOSYS INC COM 619718208 11 10,000 SH   SOLE   10,000 0 0
MOTORCAR PTS & ACCESSORS INCCO COM 620071100 600 24,000 SH   SOLE   24,000 0 0
MOVADO GROUP INC COM COM 624580106 2,093 65,000 SH   SOLE   65,000 0 0
MSA SAFETY INC COM COM 553498106 736 9,500 SH   SOLE   9,500 0 0
MTS SYS CORP COM COM 553777103 295 5,502 SH   SOLE   5,502 0 0
MUELLER WATER PRODUCTS INC COM 624758108 951 75,900 SH   SOLE   75,900 0 0
MVC CAP COM COM 553829102 1,418 134,300 SH   SOLE   134,300 0 0
MYERS INDS INC COM 628464109 12,468 639,377 SH   SOLE   639,377 0 0
MYR GROUP INC DEL COM COM 55405W104 4,576 128,074 SH   SOLE   116,374 0 11,700
NABORS INDUSTRIES LTD SHS COM G6359F103 269 39,372 SH   SOLE   39,372 0 0
NAPCO SEC SYS INC COM COM 630402105 2,369 270,757 SH   SOLE   270,757 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 16,809 222,634 SH   SOLE   222,634 0 0
NATIONAL CINEMEDIA INC COM COM 635309107 240 35,000 SH   SOLE   35,000 0 0
NAUTILUS INC COM 63910B102 1,416 106,031 SH   SOLE   106,031 0 0
NAVIGATOR HOLDINGS LTD SHS COM Y62132108 1,576 160,000 SH   SOLE   160,000 0 0
NAVIGATORS GROUP INC COM COM 638904102 244 5,010 SH   SOLE   0 0 5,010
NAVISTAR INTL CORP COM COM 63934E108 858 20,000 SH   SOLE   20,000 0 0
NEOGEN CORP COM COM 640491106 9,927 120,750 SH   SOLE   120,750 0 0
NEOGENOMICS INC COM NEW COM 64049M209 1,749 197,407 SH   SOLE   197,407 0 0
NETSCOUT SYS INC COM COM 64115T104 1,460 47,950 SH   SOLE   17,000 0 30,950
NII HLDGS INC COM PAR $0.001 COM 62913F508 339 800,000 SH   SOLE   800,000 0 0
NUTANIX INC CL A COM 67059N108 205 5,800 SH   SOLE   5,800 0 0
OAKTREE CAP GROUP LLC UNIT CL UNITS 674001201 685 16,261 SH   SOLE   6,061 0 10,200
OCEANFIRST FINL CORP COM COM 675234108 644 24,550 SH   SOLE   24,550 0 0
OFG BANCORP COM 67103X102 189 20,150 SH   SOLE   20,150 0 0
OIL DRI CORP AMER COM COM 677864100 5,499 132,500 SH   SOLE   132,500 0 0
OMNICELL INC COM COM 68213N109 3,040 62,677 SH   SOLE   50,162 0 12,515
OMNOVA SOLUTIONS INC COM COM 682129101 2,680 268,000 SH   SOLE   268,000 0 0
ON SEMICONDUCTOR CORP COM COM 682189105 895 42,720 SH   SOLE   10,500 0 32,220
OPKO HEALTH INC COM COM 68375N103 1,176 240,000 SH   SOLE   240,000 0 0
ORBCOMM INC COM COM 68555P100 5,307 521,335 SH   SOLE   521,335 0 0
ORCHIDS PAPER PRODS CO DEL COM COM 68572N104 297 23,240 SH   SOLE   23,240 0 0
ORITANI FINL CORP DEL COM COM 68633D103 946 57,692 SH   SOLE   47,000 0 10,692
ORTHOFIX INTL N V ORD COM N6748L102 2,472 45,200 SH   SOLE   45,200 0 0
OXFORD INDS INC COM COM 691497309 955 12,700 SH   SOLE   6,200 0 6,500
PANDORA MEDIA INC COM COM 698354107 623 129,272 SH   SOLE   58,572 0 70,700
PARAMOUNT GROUP INC COM COM 69924R108 284 17,900 SH   SOLE   5,700 0 12,200
PARK ELECTROCHEMICAL CORP COM COM 700416209 2,854 145,228 SH   SOLE   145,228 0 0
PARK OHIO HLDGS CORP COM COM 700666100 7,899 171,900 SH   SOLE   171,900 0 0
PARSLEY ENERGY INC CL A COM 701877102 512 17,400 SH   SOLE   0 0 17,400
PATRIOT TRAMSPORTATION HOLDING COM 70338W105 261 15,000 SH   SOLE   15,000 0 0
PATTERSON COMPANIES INC COM 703395103 1,172 32,444 SH   SOLE   13,631 0 18,813
PATTERSON-UTI ENERGY INC COM COM 703481101 1,952 84,839 SH   SOLE   42,593 0 42,246
PCSB FINANCIAL CORPORATION COM COM 69324R104 276 14,500 SH   SOLE   14,500 0 0
PFSWEB INC COM NEW COM 717098206 2,411 324,462 SH   SOLE   324,462 0 0
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 124 30,000 SH   SOLE   30,000 0 0
PLANTRONICS COM 727493108 645 12,800 SH   SOLE   4,100 0 8,700
POWELL INDS INC COM COM 739128106 576 20,103 SH   SOLE   20,103 0 0
PREFORMED LINE PRODS CO COM COM 740444104 411 5,788 SH   SOLE   5,788 0 0
PRG-SCHULTZ INTERNATIONAL INCO COM 69357C503 1,124 158,259 SH   SOLE   158,259 0 0
PRIMO WTR CORP COM COM 74165N105 165 13,121 SH   SOLE   13,121 0 0
PROGRESS SOFTWARE CORP COM COM 743312100 1,752 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 440 7,246 SH   SOLE   0 0 7,246
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 1,686 158,000 SH   SOLE   158,000 0 0
QUIDEL CORP COM COM 74838J101 6,375 147,061 SH   SOLE   147,061 0 0
QUMU CORP COM COM 749063103 451 190,389 SH   SOLE   190,389 0 0
RAVEN INDS INC COM COM 754212108 861 25,080 SH   SOLE   25,080 0 0
READING INTERNATIONAL INC CL B COM 755408200 1,678 72,954 SH   SOLE   72,954 0 0
READING INTL INC CL A COM 755408101 6,670 399,372 SH   SOLE   399,372 0 0
RENASANT CORP COM COM 75970E107 1,512 36,971 SH   SOLE   36,971 0 0
RGC RES INC COM COM 74955L103 1,783 65,850 SH   SOLE   65,850 0 0
RLJ ENTMT INC COM NEW COM 74965F203 1,475 401,000 SH   SOLE   401,000 0 0
RPC INC. COMMON COM 749660106 2,132 83,500 SH   SOLE   83,500 0 0
RSP PERMIAN INC COM COM 74978Q105 810 19,911 SH   SOLE   7,411 0 12,500
RTI BIOLOGICS INC COM COM 74975N105 271 66,000 SH   SOLE   66,000 0 0
RUSH ENTERPRISES INC CL A COM 781846209 2,561 50,405 SH   SOLE   42,905 0 7,500
RUSH ENTERPRISES INC CL B COM 781846308 5,014 104,005 SH   SOLE   104,005 0 0
RYMAN HOSPITALITY PPTYS INC CO COM 78377T107 690 10,000 SH   SOLE   10,000 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 661 59,024 SH   SOLE   59,024 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 2,745 610,000 SH   SOLE   610,000 0 0
SANFILIPPO JOHN B & SON INC CO COM 800422107 1,425 22,531 SH   SOLE   22,531 0 0
SANOFI-AVENTIS-CVR WARRANT AND RIGH 80105N113 152 400,000 SH   SOLE   400,000 0 0
SCHMITT INDS INC ORE COM NEW COM 806870200 1,910 697,029 SH   SOLE   697,029 0 0
SCHULMAN A INC COM COM 808194104 2,991 80,300 SH   SOLE   52,200 0 28,100
SCIENTIFIC GAMES CORP CL A COM 80874P109 1,796 35,000 SH   SOLE   35,000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 14,162 906,048 SH   SOLE   906,048 0 0
SEQUENTIAL BRNDS GROUP INC NEW COM 81734P107 28 16,000 SH   SOLE   16,000 0 0
SHENANDOAH TELECOMMUNICATIONCD COM 82312B106 15,886 470,000 SH   SOLE   470,000 0 0
SHILOH INDS INC COM COM 824543102 599 73,000 SH   SOLE   73,000 0 0
SILVERCREST ASSET MGMT GROUPCL COM 828359109 1,364 85,000 SH   SOLE   85,000 0 0
SIMMONS 1ST NATL CORP CL A $1 COM 828730200 459 8,037 SH   SOLE   8,037 0 0
SIMPLY GOOD FOODS CO COM COM 82900L102 228 16,000 SH   SOLE   16,000 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 1,249 33,000 SH   SOLE   33,000 0 0
SJW GROUP COM 784305104 5,796 90,804 SH   SOLE   90,804 0 0
SKYLINE CORP COM 830830105 1,266 98,500 SH   SOLE   98,500 0 0
SNYDERS LANCE INC COM COM 833551104 12,199 243,600 SH   SOLE   243,600 0 0
SONIC AUTOMOTIVE INC CL A COM 83545G102 1,227 66,500 SH   SOLE   66,500 0 0
SOUTH ST CORP COM COM 840441109 261 2,995 SH   SOLE   2,995 0 0
SPWR 4 1/15/23 CONVERTIBLE BOND 867652AL3 345 400,000 PRN   SOLE   400,000 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 5,488 122,200 SH   SOLE   122,200 0 0
STANDEX INTL CORP COM 854231107 2,852 28,000 SH   SOLE   28,000 0 0
STANLEY FURNITURE INC COM NEW COM 854305208 35 40,000 SH   SOLE   40,000 0 0
STARRETT L S CO CL A COM 855668109 3,050 354,698 SH   SOLE   354,698 0 0
STATE BK FINL CORP COM COM 856190103 1,811 60,700 SH   SOLE   50,300 0 10,400
STEEL PARTNERS HLDGS L P COM 85814R107 12,181 623,046 SH   SOLE   623,046 0 0
STEELCASE INC CL A COM 858155203 439 28,880 SH   SOLE   8,280 0 20,600
STERIS PLC SHARES COM G84720104 306 3,500 SH   SOLE   3,500 0 0
STERLING BANCORP/DE COM 85917A100 3,528 143,409 SH   SOLE   143,409 0 0
STIFEL FINL CORP COM COM 860630102 1,044 17,532 SH   SOLE   5,500 0 12,032
STONERIDGE INC COM 86183P102 6,252 273,498 SH   SOLE   273,498 0 0
STRATASYS LTD SHS COM M85548101 319 16,000 SH   SOLE   16,000 0 0
STRATTEC SECURITY CORP. COM 863111100 7,739 177,700 SH   SOLE   177,700 0 0
SUNOPTA INC COM COM 8676EP108 2,415 311,664 SH   SOLE   311,664 0 0
SUPERIOR INDS INTL INC COM 868168105 7,054 475,000 SH   SOLE   475,000 0 0
SURMODICS INC COM COM 868873100 7,750 276,792 SH   SOLE   276,792 0 0
SVB FINL GROUP COM COM 78486Q101 408 1,745 SH   SOLE   148 0 1,597
SWK 5 3/8 5/15/20 CONVERTIBLE PREF 854502887 369 3,007 SH   SOLE   3,007 0 0
S&W SEED CO COM COM 785135104 208 53,234 SH   SOLE   53,234 0 0
TEAM INC COM COM 878155100 5,215 350,000 SH   SOLE   350,000 0 0
TEJON RANCH CO DEL COM COM 879080109 3,488 168,000 SH   SOLE   168,000 0 0
TENNANT CO COM 880345103 3,582 49,300 SH   SOLE   49,300 0 0
TENNECO INC COM 880349105 2,166 37,000 SH   SOLE   37,000 0 0
TETRAPHASE PHARMACEUTICALS ICO COM 88165N105 189 30,000 SH   SOLE   30,000 0 0
THESTREET INC COM 88368Q103 102 70,000 SH   SOLE   70,000 0 0
TIMKENSTEEL CORP COM COM 887399103 3,798 250,000 SH   SOLE   250,000 0 0
TITAN INTL INC ILL COM COM 88830M102 451 35,000 SH   SOLE   35,000 0 0
TITAN MACHY INC COM COM 88830R101 2,851 134,688 SH   SOLE   134,688 0 0
TOWER INTL INC COM COM 891826109 1,021 33,425 SH   SOLE   33,425 0 0
TOWNSQUARE MEDIA INC CL A COM 892231101 722 94,000 SH   SOLE   94,000 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 1,712 129,200 SH   SOLE   129,200 0 0
TREDEGAR INDS INC COM 894650100 9,734 507,000 SH   SOLE   507,000 0 0
TRINITY BIOTECH PLC SPON ADR N COM 896438306 1,182 231,730 SH   SOLE   231,730 0 0
TRISTATE CAP HLDGS INC COM COM 89678F100 230 10,000 SH   SOLE   10,000 0 0
TRONC INC COM COM 89703P107 462 26,257 SH   SOLE   26,257 0 0
TRUSTCO BK CORP N Y COM COM 898349105 598 65,000 SH   SOLE   65,000 0 0
TUESDAY MORNING CORP COM NEW COM 899035505 149 54,000 SH   SOLE   54,000 0 0
TWIN DISC INC COM COM 901476101 9,248 348,069 SH   SOLE   348,069 0 0
TYLER TECHNOLOGIES INC COM COM 902252105 602 3,400 SH   SOLE   3,400 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 3,625 157,000 SH   SOLE   157,000 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 164 25,000 SH   SOLE   25,000 0 0
UMPQUA HLDGS CORP COM COM 904214103 434 20,886 SH   SOLE   14,250 0 6,636
UNITED FINANCIAL BANCORP INC COM 910304104 2,960 167,800 SH   SOLE   149,600 0 18,200
UNITED GUARDIAN INC COM COM 910571108 1,441 77,900 SH   SOLE   77,900 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 175 73,000 SH   SOLE   73,000 0 0
UTAH MED PRODS INC COM COM 917488108 407 5,000 SH   SOLE   5,000 0 0
VALUE LINE INC COM 920437100 640 33,089 SH   SOLE   33,089 0 0
VEECO INSTRS INC DEL COM COM 922417100 341 22,986 SH   SOLE   22,986 0 0
VERSUM MATLS INC COM COM 92532W103 886 23,401 SH   SOLE   11,425 0 11,976
VIAD CORP COM NEW COM 92552R406 2,065 37,282 SH   SOLE   37,282 0 0
VICOR CORP COM COM 925815102 690 33,000 SH   SOLE   33,000 0 0
VIDEOCON D2H LTD ADR COM 92657J101 396 41,675 SH   SOLE   41,675 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 976 42,581 SH   SOLE   42,581 0 0
VITAMIN SHOPPE INC COM COM 92849E101 88 20,000 SH   SOLE   20,000 0 0
W 3/8 9/1/22 144A CONVERTIBLE BOND 94419LAA9 233 223,000 PRN   SOLE   223,000 0 0
WABASH NATL CORP COM COM 929566107 1,519 70,000 SH   SOLE   70,000 0 0
WASHINGTON FED INC COM 938824109 875 25,550 SH   SOLE   7,000 0 18,550
WASHINGTON TR BANCORP COM COM 940610108 3,196 60,020 SH   SOLE   49,900 0 10,120
WATERSTONE FINL INC MD COM COM 94188P101 1,673 98,100 SH   SOLE   88,000 0 10,100
WELLTOWER INC CV PFD 6.500 CONVERTIBLE PREF 95040Q203 240 4,000 SH   SOLE   4,000 0 0
WESTERN NEW ENGLAND BANCORP COM 958892101 949 87,100 SH   SOLE   87,100 0 0
WIDEOPENWEST INC COM COM 96758W101 164 15,500 SH   SOLE   15,500 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 190 23,000 SH   SOLE   23,000 0 0
WINDSTREAM HLDGS INC COM NEW COM 97382A200 1,069 577,914 SH   SOLE   577,914 0 0
WINNEBAGO INDS INC COM COM 974637100 3,392 61,000 SH   SOLE   61,000 0 0
WOODWARD INC COM 980745103 417 5,450 SH   SOLE   3,400 0 2,050
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 1,040 34,000 SH   SOLE   34,000 0 0
XENITH BANKSHARES INC NEW COM 984102202 592 17,512 SH   SOLE   17,512 0 0
XO GROUP INC COM COM 983772104 1,384 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 1,635 88,600 SH   SOLE   88,600 0 0