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
AKEBIA THERAPEUTICS INC COM COM 00972D105 5,214 1,540,254 SH   SOLE   1,540,254 0 0
AMERIS BANCORP COM COM 03076K108 12,417 236,472 SH   SOLE   236,472 0 0
ARCOSA INC COM COM 039653100 11,808 181,414 SH   SOLE   181,414 0 0
ARDELYX INC COM COM 039697107 8,126 1,227,465 SH   SOLE   1,227,465 0 0
AXOS FINANCIAL INC COM COM 05465C100 18,771 399,305 SH   SOLE   399,305 0 0
AZZ INC COM COM 002474104 7,018 139,385 SH   SOLE   139,385 0 0
BANCORP INC DEL COM COM 05969A105 26,060 1,257,709 SH   SOLE   1,257,709 0 0
CAPSTEAD MTG CORP COM NO PAR COM NO PAR 14067E506 8,355 1,341,151 SH   SOLE   1,341,151 0 0
CENTRAL GARDEN & PET CO COM COM 153527106 8,022 138,286 SH   SOLE   138,286 0 0
CENTURY CASINOS INC COM CL A 156492100 9,210 896,795 SH   SOLE   896,795 0 0
COLONY CAP INC NEW CL A COM COM NEW 19626G108 10,746 1,658,379 SH   SOLE   1,658,379 0 0
COLUMBUS MCKINNON CORP N Y COM COM 199333105 6,430 121,877 SH   SOLE   121,877 0 0
CRITEO S A SPONS ADS SPONSORED ADS 226718104 13,585 391,174 SH   SOLE   391,174 0 0
DMC GLOBAL INC COM COM 23291C103 276 5,088 SH   SOLE   5,088 0 0
ENCOMPASS HEALTH CORP COM COM 29261A100 8,566 104,589 SH   SOLE   104,589 0 0
ENOVA INTL INC COM COM 29357K103 11,524 324,816 SH   SOLE   324,816 0 0
FEDEX CORP COM COM 31428X106 284 1,000 SH   SOLE   1,000 0 0
FIRST FNDTN INC COM COM CLA 32026V104 10,908 464,941 SH   SOLE   464,941 0 0
FOX FACTORY HLDG CORP COM COM 35138V102 409 3,220 SH   SOLE   3,220 0 0
FRANKLIN ELEC INC COM COM 353514102 392 4,960 SH   SOLE   4,960 0 0
GLADSTONE LD CORP COM COM 376549101 186 10,160 SH   SOLE   10,160 0 0
GREENLIGHT CAPITAL RE LTD CLASS A COM NEW G4095J109 10,621 1,220,767 SH   SOLE   1,220,767 0 0
IMAX CORP COM COM 45245E109 11,396 566,960 SH   SOLE   566,960 0 0
INTUIT COM COM 461202103 291 759 SH   SOLE   759 0 0
IPG PHOTONICS CORP COM COM 44980X109 370 1,756 SH   SOLE   1,756 0 0
JOHNSON OUTDOORS INC CL A CL A 479167108 5,164 36,178 SH   SOLE   36,178 0 0
LABORATORY CORP AMER HLDGS COM NEW COM NEW 50540R409 216 845 SH   SOLE   845 0 0
LIGAND PHARMACEUTICALS INC COM NEW COM 53220K504 9,937 65,180 SH   SOLE   65,180 0 0
LINCOLN ELEC HLDGS INC COM COM 533900106 329 2,675 SH   SOLE   2,675 0 0
META FINL GROUP INC COM COM 59100U108 12,294 271,320 SH   SOLE   271,320 0 0
MICHAELS COS INC COM COM 59408Q106 16,928 771,553 SH   SOLE   771,553 0 0
MUELLER WTR PRODS INC COM SER A COM SER A 624758108 8,173 588,418 SH   SOLE   588,418 0 0
NI HLDGS INC COM COM 65342T106 4,185 226,479 SH   SOLE   226,479 0 0
PAYPAL HLDGS INC COM COM 70450Y103 743 3,060 SH   SOLE   3,060 0 0
PEAPACK-GLADSTONE FINL CORP COM COM 704699107 5,541 179,437 SH   SOLE   179,437 0 0
POTBELLY CORP COM COM 73754Y100 313 52,930 SH   SOLE   52,930 0 0
SENSIENT TECHNOLOGIES CORP COM COM 81725T100 9,252 118,613 SH   SOLE   118,613 0 0
SOLARIS OILFIELD INFRASTRUCTUR COM CL A CL A 83418M103 7,258 591,521 SH   SOLE   591,521 0 0
SUMMIT MATLS INC CL A CL A 86614U100 8,326 297,131 SH   SOLE   297,131 0 0
TRIMAS CORP COM NEW CL A 896215209 10,735 354,072 SH   SOLE   354,072 0 0
TRINITY INDS INC COM COM 896522109 8,535 299,576 SH   SOLE   299,576 0 0
WHOLE EARTH BRANDS INC COM CL A COM 96684W100 8,962 687,281 SH   SOLE   687,281 0 0