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
AARONS INC COM PAR $0.50 002535300 6,979 234,653 SH   SOLE   234,653 0 0
APPTIO INC CL A 03835C108 4,903 418,000 SH   SOLE   418,000 0 0
ASTRONICS CORP COM 046433108 6,948 218,984 SH   SOLE   218,984 0 0
BANCORP INC DEL COM 05969A105 4,819 944,926 SH   SOLE   306,558 0 0
BLUCORA INC Note 4.250% 4/0 095229AB6 2,005 2,000,000 PRN   SOLE   2,000,000 0 0
CAESARSTONE LTD ORD SHS M20598104 5,923 163,400 SH   SOLE   163,400 0 0
CALAVO GROWERS INC PUT 128246955 150 200,000 SH Put SOLE   200,000 0 0
CBL & ASSOC PPTYS INC COM 124830100 2,385 250,000 SH   SOLE   250,000 0 0
CIVITAS SOLUTIONS INC COM 17887R102 361 19,649 SH   SOLE   19,649 0 0
COMMERCEHUB INC COM SER C 20084V306 3,040 195,718 SH   SOLE   195,718 0 0
CONTINENTAL BLDG PRODS INC COM 211171103 2,579 105,261 SH   SOLE   105,261 0 0
DSW INC CL A 23334L102 5,171 250,070 SH   SOLE   250,070 0 0
EHEALTH INC COM 28238P109 5,369 445,914 SH   SOLE   445,914 0 0
ENSIGN GROUP INC COM 29358P101 8,272 440,000 SH   SOLE   440,000 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 4,545 145,567 SH   SOLE   145,567 0 0
EXTENDED STAY AMER INC UNIT 99/99/9999B 30224P200 6,819 427,783 SH   SOLE   427,783 0 0
FERRARI N V COM N3167Y103 2,825 37,994 SH   SOLE   37,994 0 0
FOGO DE CHAO INC COM 344177100 4,308 265,122 SH   SOLE   265,122 0 0
FOREST CITY RLTY TR INC COM CL A 345605109 5,075 233,000 SH   SOLE   233,000 0 0
FORWARD AIR CORP COM 349853101 13,990 294,091 SH   SOLE   294,091 0 0
GENTHERM INC COM 37253A103 8,033 204,665 SH   SOLE   204,665 0 0
G-III APPAREL GROUP LTD COM 36237H101 1,992 91,000 SH   SOLE   91,000 0 0
HORNBECK OFFSHORE SVCS INC N COM 440543106 1,116 252,000 SH   SOLE   252,000 0 0
K12 INC COM 48273U102 713 37,226 SH   SOLE   37,226 0 0
KBR INC COM 48242W106 977 65,000 SH   SOLE   65,000 0 0
KIMBALL ELECTRONICS INC COM 49428J109 1,695 100,000 SH   SOLE   100,000 0 0
LORAL SPACE & COMMUNICATNS I COM 543881106 8,533 216,568 SH   SOLE   216,568 0 0
MATSON INC COM 57686G105 8,430 265,438 SH   SOLE   265,438 0 0
MCKESSON CORP COM 58155Q103 5,492 37,045 SH   SOLE   37,045 0 0
NACCO INDS INC CL A 629579103 645 9,241 SH   SOLE   9,241 0 0
PHI INC COM VTG 69336T106 760 65,191 SH   SOLE   65,191 0 0
PHI INC COM NON VTG 69336T205 5,374 448,543 SH   SOLE   448,543 0 0
PINNACLE ENTMT INC NEW COM 72348Y105 4,499 230,500 SH   SOLE   230,500 0 0
PROVIDENCE SVC CORP COM 743815102 3,686 82,943 SH   SOLE   82,943 0 0
QUALITY CARE PPTYS INC COM 747545101 8,789 466,000 SH   SOLE   466,000 0 0
RALPH LAUREN CORP CL A 751212101 1,877 23,000 SH   SOLE   23,000 0 0
RAPID7 INC COM 753422104 4,791 319,851 SH   SOLE   319,851 0 0
REIS INC COM 75936P105 1,078 60,235 SH   SOLE   60,235 0 0
RICE ENERGY INC COM 762760106 2,189 92,347 SH   SOLE   92,347 0 0
RMR GROUP INC CL A 74967R106 10,200 206,069 SH   SOLE   206,069 0 0
RPX CORP COM 74972G103 2,961 246,759 SH   SOLE   246,759 0 0
SEASPINE HLDGS CORP COM 81255T108 3,278 417,524 SH   SOLE   417,524 0 0
SODASTREAM INTERNATIONAL LTD USD SHS M9068E105 3,206 66,196 SH   SOLE   66,196 0 0
SONUS NETWORKS INC COM NEW 835916503 8,517 1,292,401 SH   SOLE   1,292,401 0 0
STARTEK INC COM 85569C107 2,242 258,042 SH   SOLE   258,042 0 0
TIER REIT INC COM NEW 88650V208 5,850 337,000 SH   SOLE   337,000 0 0
WORKIVA INC COM CL A 98139A105 13,006 831,048 SH   SOLE   831,048 0 0
XENIA HOTELS & RESORTS INC COM 984017103 6,064 355,270 SH   SOLE   355,270 0 0