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 5,107 523,846 SH   SOLE   523,846 0 0
A H BELO CORP COM CL A COM 001282102 276 50,093 SH   SOLE   50,093 0 0
AARON'S INC COM 002535300 1,867 48,000 SH   SOLE   48,000 0 0
ABM INDS INC COM COM 000957100 1,102 26,550 SH   SOLE   11,950 0 14,600
ACCURAY INC COM COM 004397105 157 32,960 SH   SOLE   32,960 0 0
ACME UTD CORP COM COM 004816104 3,638 127,200 SH   SOLE   127,200 0 0
AEROJET ROCKETDYNE HOLDINGS COM 007800105 25,062 1,204,900 SH   SOLE   1,204,900 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 3,019 60,000 SH   SOLE   60,000 0 0
AMERICAN EAGLE OUTFITTERS INCO COM 02553E106 1,017 84,400 SH   SOLE   31,150 0 53,250
AMERICAN RAILCAR INDS INC COM COM 02916P103 356 9,292 SH   SOLE   9,292 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 2,067 200,913 SH   SOLE   200,913 0 0
AMPCO PITTSBURGH CORP COM 032037103 7,012 475,356 SH   SOLE   475,356 0 0
AMTECH SYS INC COM PAR $0.01N COM 032332504 143 17,000 SH   SOLE   17,000 0 0
ANCHOR BANK CORP COM 032838104 1,237 49,400 SH   SOLE   49,400 0 0
ANGIES LIST INC COM COM 034754101 1,160 90,679 SH   SOLE   90,679 0 0
ANGIODYNAMICS INC COM COM 03475V101 828 51,066 SH   SOLE   30,350 0 20,716
ARMSTRONG FLOORING INC COM COM 04238R106 3,675 204,500 SH   SOLE   196,600 0 7,900
ARTESIAN RES CORP COM CL A COM 043113208 923 24,526 SH   SOLE   24,526 0 0
ASCENT CAPITAL GROUP INC COM 043632108 3,193 207,884 SH   SOLE   207,884 0 0
ASTEC INDS INC COM COM 046224101 16,875 304,000 SH   SOLE   304,000 0 0
ASTRONICS CORP COM COM 046433108 411 13,500 SH   SOLE   13,500 0 0
ATLANTIC AMERN CORP COM COM 048209100 75 20,000 SH   SOLE   20,000 0 0
ATLANTIC CAP BANCSHARES INC CO COM 048269203 217 11,400 SH   SOLE   5,200 0 6,200
ATLAS AIR WORLDWIDE HLDGS 2.25 CONVERTIBLE BOND 049164BH8 263 250,000 PRN   SOLE   250,000 0 0
ATN INTERNATIONAL INC COM 00215F107 3,477 50,800 SH   SOLE   50,800 0 0
AVID TECHNOLOGY INC COM 05367P100 342 65,000 SH   SOLE   65,000 0 0
AZZ INC COM COM 002474104 1,116 20,000 SH   SOLE   20,000 0 0
BADGER METER INC COM COM 056525108 1,116 28,000 SH   SOLE   28,000 0 0
BANKUNITED INC COM COM 06652K103 865 25,670 SH   SOLE   13,570 0 12,100
BARNES GROUP INC COM COM 067806109 249 4,250 SH   SOLE   4,250 0 0
BASSETT FURNITURE INDS COM 070203104 6,983 184,000 SH   SOLE   184,000 0 0
BDX 6 1/8 5/1/20 CONVERTIBLE PREF 075887208 246 4,494 SH   SOLE   4,494 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 7,115 726,000 SH   SOLE   726,000 0 0
BENEFICIAL BANCORP INC COM 08171T102 625 41,698 SH   SOLE   22,598 0 19,100
BERKSHIRE HILLS BANCORP INC CO COM 084680107 501 14,246 SH   SOLE   14,246 0 0
BERRY PLASTICS GROUP INC COM COM 08579W103 5,650 99,111 SH   SOLE   99,111 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 994 76,200 SH   SOLE   76,200 0 0
BIGLARI HOLDINGS INC COM 08986R101 5,270 13,183 SH   SOLE   13,183 0 0
BIOLASE TECHNOLOGY INC COM COM 090911108 331 341,461 SH   SOLE   341,461 0 0
BIOSCRIP INC COM 09069N108 2,520 928,000 SH   SOLE   928,000 0 0
BIOTELEMETRY INC COM COM 090672106 4,787 143,100 SH   SOLE   143,100 0 0
BON-TON STORES INC COM COM 09776J101 77 176,755 SH   SOLE   176,755 0 0
BOSTON BEER INC CL A COM 100557107 1,123 8,500 SH   SOLE   8,500 0 0
BOTTOMLINE TECH DEL INC COM COM 101388106 884 34,400 SH   SOLE   16,100 0 18,300
BOYD GAMING CORP COM 103304101 1,781 71,800 SH   SOLE   71,800 0 0
BRINKS CO COM COM 109696104 985 14,700 SH   SOLE   5,700 0 9,000
BROADWIND ENERGY INC COM NEW COM 11161T207 451 89,440 SH   SOLE   89,440 0 0
BROWN & BROWN INC COM COM 115236101 701 16,284 SH   SOLE   7,050 0 9,234
BUILDERS FIRSTSOURCE COM 12008R107 492 32,100 SH   SOLE   15,600 0 16,500
CABOT MICROELECTRONICS COM 12709P103 1,491 20,200 SH   SOLE   7,900 0 12,300
CADIZ INC COM 127537207 610 45,174 SH   SOLE   45,174 0 0
CALAVO GROWERS INC COM COM 128246105 4,143 60,000 SH   SOLE   60,000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 913 24,800 SH   SOLE   24,800 0 0
CALLAWAY GOLF CO COM COM 131193104 1,232 96,387 SH   SOLE   96,387 0 0
CALLIDUS SOFTWARE INC COM COM 13123E500 7,671 317,000 SH   SOLE   317,000 0 0
CALLON PETE CO DEL COM COM 13123X102 2,598 244,844 SH   SOLE   244,844 0 0
CAMBIUM LEARNING GRP INC COM COM 13201A107 51 10,000 SH   SOLE   10,000 0 0
CANTEL MEDICAL CORP COM COM 138098108 5,547 71,200 SH   SOLE   71,200 0 0
CANTERBURY PK HLDG CORP COM 13811E101 4,051 368,100 SH   SOLE   368,100 0 0
CARBONITE INC COM 141337105 1,737 79,687 SH   SOLE   79,687 0 0
CARDIOVASCULAR SYS INC DEL COM COM 141619106 3,581 111,100 SH   SOLE   111,100 0 0
CAREDX INC COM 14167L103 11 10,000 SH   SOLE   10,000 0 0
CARPENTER TECHNOLOGY CORP COM COM 144285103 434 11,600 SH   SOLE   0 0 11,600
CARRIAGE SERVICES, INC. 2.750 CONVERTIBLE BOND 143905AM9 259 200,000 PRN   SOLE   200,000 0 0
CARRIZO OIL & CO INC COM COM 144577103 430 24,700 SH   SOLE   16,500 0 8,200
CASELLA WASTE SYS INC CL A COM 147448104 9,909 603,828 SH   SOLE   603,828 0 0
CAVCO INDUSTRIES COM 149568107 7,260 56,000 SH   SOLE   56,000 0 0
CECO ENVIRONMENTAL CORP COM COM 125141101 163 17,720 SH   SOLE   17,720 0 0
CEMPRA INC COM COM 15130J109 313 68,000 SH   SOLE   68,000 0 0
CHART INDS INC COM 16115Q308 2,521 72,580 SH   SOLE   72,580 0 0
CHASE CORP COM 16150R104 10,151 95,133 SH   SOLE   95,133 0 0
CHEESECAKE FACTORY INC COM 163072101 2,465 49,000 SH   SOLE   49,000 0 0
CHENIERE ENERGY, INC. 4.250 0 CONVERTIBLE BOND 16411RAG4 211 300,000 PRN   SOLE   300,000 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 2,492 33,250 SH   SOLE   33,250 0 0
CHURCHILL DOWNS INC COM COM 171484108 8,347 45,540 SH   SOLE   45,540 0 0
CINCINNATI BELL INC NEW COM NE COM 171871502 5,768 295,023 SH   SOLE   295,023 0 0
CIRCOR INTL INC COM COM 17273K109 10,783 181,600 SH   SOLE   170,200 0 11,400
CITIZENS & NORTHN CORP COM COM 172922106 423 18,200 SH   SOLE   18,200 0 0
COBIZ FINANCIAL INC COM COM 190897108 2,433 139,839 SH   SOLE   124,239 0 15,600
COGENTIX MEDICAL INC COM 19243A104 200 115,000 SH   SOLE   115,000 0 0
COHEN & STEERS INC COM COM 19247A100 4,419 109,000 SH   SOLE   109,000 0 0
COLUMBIA BKG SYS INC COM COM 197236102 319 8,001 SH   SOLE   2,700 0 5,301
COLUMBUS MCKINNON CORP N Y COM COM 199333105 3,220 126,660 SH   SOLE   126,660 0 0
COMMERCEHUB INC SER C COM 20084V306 262 15,000 SH   SOLE   15,000 0 0
CONNECTICUT WTR SVC INC COM COM 207797101 222 4,000 SH   SOLE   4,000 0 0
CONSOLIDATED COMM HLDGS INC CO COM 209034107 855 39,801 SH   SOLE   39,801 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 818 66,000 SH   SOLE   66,000 0 0
CONVERGYS CORP COM COM 212485106 615 25,850 SH   SOLE   14,550 0 11,300
CORE MOLDING TECH COM COM 218683100 6,483 300,000 SH   SOLE   300,000 0 0
COTT CORP COM COM 22163N106 1,588 110,000 SH   SOLE   110,000 0 0
CROWN HOLDINGS INC COM COM 228368106 453 7,600 SH   SOLE   7,600 0 0
CSGS 4 1/4 3/15/36 CONVERTIBLE BOND 126349AF6 271 250,000 PRN   SOLE   250,000 0 0
CTS CORP COM 126501105 7,528 348,500 SH   SOLE   348,500 0 0
CUTERA INC COM COM 232109108 8,262 319,000 SH   SOLE   319,000 0 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 1,813 132,800 SH   SOLE   47,400 0 85,400
C&J ENERGY SVCS INC NEW COM COM 12674R100 585 17,066 SH   SOLE   17,066 0 0
DAKTRONICS INC COM COM 234264109 674 70,000 SH   SOLE   70,000 0 0
DANA HOLDING CORP COM COM 235825205 2,345 105,000 SH   SOLE   105,000 0 0
DARLING INTL INC COM COM 237266101 412 26,200 SH   SOLE   26,200 0 0
DATAWATCH CORP COM NEW COM 237917208 279 30,000 SH   SOLE   30,000 0 0
DAWSON GEOPHYSICAL CO NEW COM COM 239360100 78 20,000 SH   SOLE   20,000 0 0
DELTA NAT GAS INC COM COM 247748106 3,199 105,000 SH   SOLE   105,000 0 0
DENNYS CORP COM COM 24869P104 824 70,000 SH   SOLE   70,000 0 0
DESTINATION XL GROUP INC COM 25065K104 71 30,000 SH   SOLE   30,000 0 0
DIEBOLD NIXDORF COM 253651103 1,068 38,125 SH   SOLE   20,225 0 17,900
DIGI INTL INC COM COM 253798102 861 84,801 SH   SOLE   84,801 0 0
DIME CMNTY BANCORP INC COM COM 253922108 702 35,800 SH   SOLE   35,800 0 0
DOUGLAS DYNAMICS INC COM COM 25960R105 352 10,700 SH   SOLE   10,700 0 0
DOVER DOWNS GAMING & ENTMT INC COM 260095104 161 145,000 SH   SOLE   145,000 0 0
DTE 6 1/2 10/1/19 CONVERTIBLE PREF 233331883 208 3,800 SH   SOLE   3,800 0 0
DUCOMMUN INC DEL COM COM 264147109 3,968 125,642 SH   SOLE   125,642 0 0
DUN & BRADSTREET CORP COM 26483E100 409 3,779 SH   SOLE   1,879 0 1,900
DXP ENTERPRISES INC NEW COM NE COM 233377407 421 12,200 SH   SOLE   12,200 0 0
DYCOM INDUSTRIES, INC. 0.750 CONVERTIBLE BOND 267475AB7 233 200,000 PRN   SOLE   200,000 0 0
EASTERN CO COM COM 276317104 10,616 353,269 SH   SOLE   353,269 0 0
EDGEWATER TECHNOLOGY INC COM COM 280358102 4,798 705,520 SH   SOLE   705,520 0 0
ELDORADO RESORTS INC COM COM 28470R102 1,560 78,000 SH   SOLE   78,000 0 0
ELECTRO SCIENTIFIC INDS INC CO COM 285229100 1,260 152,939 SH   SOLE   116,589 0 36,350
ELECTROMED INC COM COM 285409108 590 106,654 SH   SOLE   106,654 0 0
EMCOR GROUP INC COM COM 29084Q100 1,223 18,700 SH   SOLE   7,600 0 11,100
ENERGY RECOVERY INC COM 29270J100 564 68,000 SH   SOLE   68,000 0 0
ENTEGRIS INC COM COM 29362U104 6,548 298,300 SH   SOLE   232,500 0 65,800
ENTERCOM COMMUNICATIONS CORPCL COM 293639100 828 80,000 SH   SOLE   80,000 0 0
ENTRAVISION COMM CORP CL A COM 29382R107 5,404 818,763 SH   SOLE   818,763 0 0
EQUITY COMWLTH COM SH BEN INT COM 294628102 284 9,000 SH   SOLE   5,100 0 3,900
ETHAN ALLEN INTERIORS INC COM COM 297602104 1,854 57,412 SH   SOLE   39,912 0 17,500
EVINE LIVE INC COM 300487105 319 319,200 SH   SOLE   319,200 0 0
EXACTECH INC COM COM 30064E109 7,461 250,373 SH   SOLE   250,373 0 0
EXELIXIS INC COM COM 30161Q104 4,680 190,000 SH   SOLE   190,000 0 0
EXTREME NETWORKS INC COM COM 30226D106 3,594 389,800 SH   SOLE   324,800 0 65,000
F N B CORP PA COM COM 302520101 1,070 75,600 SH   SOLE   75,600 0 0
FALCONSTOR SOFTWARE INC COM COM 306137100 193 745,000 SH   SOLE   745,000 0 0
FARMER BROS CO COM 307675108 6,232 206,013 SH   SOLE   206,013 0 0
FARMERS NATL BANC CORP COM COM 309627107 580 40,000 SH   SOLE   40,000 0 0
FARO TECHNOLOGIES INC COM COM 311642102 782 20,700 SH   SOLE   6,700 0 14,000
FEDERAL SIGNAL CORP COM COM 313855108 12,846 740,000 SH   SOLE   740,000 0 0
FERRO CORP COM 315405100 22,129 1,209,885 SH   SOLE   1,198,585 0 11,300
FIDELITY SOUTHERN CORP COM 316394105 275 12,018 SH   SOLE   12,018 0 0
FIRST INTERNET BANCORP COM COM 320557101 898 32,000 SH   SOLE   32,000 0 0
FLOTEK INDS INC DEL COM COM 343389102 276 30,904 SH   SOLE   30,904 0 0
FLUSHING FINL CORP COM COM 343873105 16,913 599,970 SH   SOLE   599,970 0 0
FORMFACTOR INC COM COM 346375108 7,006 565,034 SH   SOLE   480,898 0 84,136
FOSTER L B CO COM COM 350060109 1,995 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 1,158 25,100 SH   SOLE   25,100 0 0
FTI CONSULTING INC COM COM 302941109 1,212 34,668 SH   SOLE   13,750 0 20,918
FULL HOUSE RESORTS INC COM COM 359678109 1,235 500,000 SH   SOLE   500,000 0 0
GAS NAT INC COM COM 367204104 452 35,000 SH   SOLE   35,000 0 0
GENCOR INDS INC COM COM 368678108 9,062 559,354 SH   SOLE   559,354 0 0
GENESIS HEALTHCARE INC CL A CO COM 37185X106 87 50,000 SH   SOLE   50,000 0 0
GENIUS BRANDS INTERN COM 37229T301 48 14,000 SH   SOLE   14,000 0 0
GENTHERM INC COM COM 37253A103 520 13,400 SH   SOLE   13,400 0 0
GIBRALTER INDUSTRIES INC COM 374689107 5,027 141,000 SH   SOLE   141,000 0 0
GLACIER BANCORP INC NEW COM COM 37637Q105 930 25,400 SH   SOLE   7,900 0 17,500
GLOBAL SOURCES LTD COM COM G39300101 9,462 473,080 SH   SOLE   473,080 0 0
GOLDEN ENTERTAINMENT INC COM 381013101 10,496 506,797 SH   SOLE   506,797 0 0
GORMAN RUPP CO COM 383082104 3,133 123,000 SH   SOLE   123,000 0 0
GP STRATEGIES CORP COM COM 36225V104 2,674 101,271 SH   SOLE   101,271 0 0
GRAHAM CORP COM COM 384556106 680 34,600 SH   SOLE   34,600 0 0
GRAY TELEVISION, INC COM 389375106 3,500 255,500 SH   SOLE   255,500 0 0
GRAY TELEVISION, INC CL A COM 389375205 848 80,042 SH   SOLE   80,042 0 0
GREENBRIER COS INC COM 393657101 1,850 40,000 SH   SOLE   40,000 0 0
GRIFFIN INDUSTRIAL REALTY IN COM 398231100 8,138 256,947 SH   SOLE   256,947 0 0
GRIFFON CORP COM COM 398433102 9,278 422,703 SH   SOLE   422,703 0 0
GSE SYS INC COM COM 36227K106 62 20,000 SH   SOLE   20,000 0 0
GUIDANCE SOFTWARE INC COM COM 401692108 2,380 360,105 SH   SOLE   360,105 0 0
GULFPORT ENERGY CORP COM NEW COM 402635304 956 64,800 SH   SOLE   24,900 0 39,900
GYRODYNE LLC COM COM 403829104 259 12,638 SH   SOLE   12,638 0 0
HAIN CELESTIAL GROUP INC COM 405217100 3,106 80,000 SH   SOLE   80,000 0 0
HALLMARK FINL SVCS INC ECCOM N COM 40624Q203 2,072 183,860 SH   SOLE   183,860 0 0
HANCOCK HOLDING CO COM 410120109 735 15,000 SH   SOLE   15,000 0 0
HANDY & HARMAN HOLDINGS LTD COM 410315105 564 17,954 SH   SOLE   17,954 0 0
HANESBRANDS INC COM COM 410345102 569 24,564 SH   SOLE   11,064 0 13,500
HAVERTY FURNITURE INC COM COM 419596101 560 22,300 SH   SOLE   10,300 0 12,000
HAWKINS INC COM COM 420261109 5,238 113,000 SH   SOLE   113,000 0 0
HAYNES INTERNATIONAL INC COM 420877201 1,089 30,000 SH   SOLE   30,000 0 0
HC2 HLDGS INC COM COM 404139107 4,175 710,000 SH   SOLE   710,000 0 0
HERC HLDGS INC COM COM 42704L104 550 14,000 SH   SOLE   14,000 0 0
HERITAGE COMMERCE CORP COM COM 426927109 426 30,900 SH   SOLE   30,900 0 0
HESKA CORPORATION COM NEW COM 42805E306 1,123 11,000 SH   SOLE   11,000 0 0
HEXCEL CORP NEW COM COM 428291108 578 10,952 SH   SOLE   4,752 0 6,200
HOMESTREET INC COM COM 43785V102 830 30,000 SH   SOLE   30,000 0 0
HOPE BANCORP INC COM COM 43940T109 1,658 88,896 SH   SOLE   88,896 0 0
HUDSON TECHNOLOGIES INC COM COM 444144109 910 107,700 SH   SOLE   107,700 0 0
HUTTIG BLDG PRODS INC COM COM 448451104 6,064 865,000 SH   SOLE   865,000 0 0
ICC HOLDINGS INC COM 44931Q104 595 34,400 SH   SOLE   34,400 0 0
ICF INTL INC COM COM 44925C103 1,097 23,300 SH   SOLE   23,300 0 0
ICPT 3 1/4 7/1/23 CONVERTIBLE BOND 45845PAA6 195 200,000 PRN   SOLE   200,000 0 0
ICU MEDICAL INC COM 44930G107 1,331 7,714 SH   SOLE   5,622 0 2,092
IMAX CORP COM COM 45245E109 682 31,000 SH   SOLE   31,000 0 0
INFINERA CORPORATION COM COM 45667G103 727 68,100 SH   SOLE   29,800 0 38,300
INFUSYSTEM HLDGS INC COM COM 45685K102 1,050 600,218 SH   SOLE   600,218 0 0
INGLES MKTS INC CL A COM 457030104 5,594 168,000 SH   SOLE   168,000 0 0
INNOPHOS HOLDINGS INC COM COM 45774N108 307 7,000 SH   SOLE   7,000 0 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 541 123,000 SH   SOLE   123,000 0 0
INSIGNIA SYS INC COM COM 45765Y105 322 314,509 SH   SOLE   314,509 0 0
INTEGER HOLDINGS CORP COM 45826H109 995 23,000 SH   SOLE   23,000 0 0
INTERDIGITAL INC 1.5 3/1/20 CONVERTIBLE BOND 458660AD9 303 250,000 PRN   SOLE   250,000 0 0
INTERNAP NETWORK SVCS CORP COM COM 45885A300 5,142 1,401,000 SH   SOLE   1,401,000 0 0
INTEVAC INC COM COM 461148108 2,442 220,030 SH   SOLE   220,030 0 0
INTRICON CORP COM COM 46121H109 1,460 178,617 SH   SOLE   178,617 0 0
INVENTURE FOODS INC COM 461212102 2,005 465,172 SH   SOLE   465,172 0 0
INVESTORS BANCORP INC COM 46146L101 1,377 103,046 SH   SOLE   44,250 0 58,796
INVITAE CORP COM COM 46185L103 670 70,041 SH   SOLE   70,041 0 0
IPHI 1 1/8 12/1/20 CONVERTIBLE BOND 45772FAB3 225 200,000 PRN   SOLE   200,000 0 0
IRIDIUM COMMUNICATIONS INC COM COM 46269C102 221 20,000 SH   SOLE   20,000 0 0
ITERIS INC COM 46564T107 124 20,000 SH   SOLE   20,000 0 0
IXYS CORP DEL COM COM 46600W106 1,541 93,700 SH   SOLE   93,700 0 0
JA SOLAR HOLDINGS CO LTD SPON COM 466090206 249 39,200 SH   SOLE   39,200 0 0
JAMBA INC COM NEW COM 47023A309 400 51,352 SH   SOLE   51,352 0 0
JASON INDS INC COM COM 471172106 26 20,000 SH   SOLE   20,000 0 0
JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 8,590 87,649 SH   SOLE   87,649 0 0
JOHNSON OUTDOORS INC CL A COM 479167108 482 10,000 SH   SOLE   10,000 0 0
K2M GROUP HLDGS INC COM COM 48273J107 244 10,000 SH   SOLE   10,000 0 0
KAMAN CORP COM 483548103 9,839 197,301 SH   SOLE   197,301 0 0
KAR AUCTION SVCS INC COM COM 48238T109 1,552 36,979 SH   SOLE   36,979 0 0
KEY TECHNOLOGY INC COM COM 493143101 1,797 130,707 SH   SOLE   130,707 0 0
KIMBALL ELECTRONICS INC COM COM 49428J109 2,527 140,000 SH   SOLE   140,000 0 0
KIMBALL INTL INC CL B COM 494274103 9,814 588,000 SH   SOLE   588,000 0 0
KINDRED HEALTHCARE INC COM COM 494580103 2,151 184,615 SH   SOLE   184,615 0 0
KKR & CO. L.P COM 48248M102 1,690 90,843 SH   SOLE   90,843 0 0
KOPIN CORP COM COM 500600101 686 185,000 SH   SOLE   185,000 0 0
LA Z BOY CHAIR CO COM 505336107 1,853 57,000 SH   SOLE   57,000 0 0
LAKELAND INDS INC. COM 511795106 177 12,211 SH   SOLE   12,211 0 0
LANDAUER INC COM 51476K103 418 8,000 SH   SOLE   8,000 0 0
LANDS END INC NEW COM COM 51509F105 1,028 69,000 SH   SOLE   69,000 0 0
LAWSON PRODS INC COM COM 520776105 5,908 266,714 SH   SOLE   266,714 0 0
LAYNE CHRISTENSEN CO COM COM 521050104 1,978 225,000 SH   SOLE   225,000 0 0
LEGACY TEX FINL GROUP INC COM COM 52471Y106 2,276 59,700 SH   SOLE   19,800 0 39,900
LENDING TREE INC. COM 52603B107 3,168 18,400 SH   SOLE   18,400 0 0
LIFEWAY FOODS INC COM COM 531914109 1,558 166,819 SH   SOLE   166,819 0 0
LIMONEIRA CO COM COM 532746104 3,275 138,575 SH   SOLE   138,575 0 0
LINDSAY CORP COM 535555106 1,353 15,164 SH   SOLE   15,164 0 0
LITHIA MOTORS INC. COM 536797103 2,563 27,200 SH   SOLE   27,200 0 0
LSB INDS INC COM COM 502160104 878 85,000 SH   SOLE   85,000 0 0
LYDALL INC COM COM 550819106 5,684 109,949 SH   SOLE   109,949 0 0
MACQUARIE INFRASTRUCTURE COMPA COM 55608B105 1,254 16,000 SH   SOLE   16,000 0 0
MARCUS CORP COM COM 566330106 11,023 365,000 SH   SOLE   365,000 0 0
MARINE PRODS CORP COM COM 568427108 12,682 812,400 SH   SOLE   812,400 0 0
MARINEMAX INC COM COM 567908108 254 13,000 SH   SOLE   13,000 0 0
MARVELL TECHNOLOGY GRP LTD COM G5876H105 1,033 62,500 SH   SOLE   28,300 0 34,200
MATADOR RES CO COM COM 576485205 836 39,100 SH   SOLE   17,500 0 21,600
MATERIALISE NV SPONSORED ADS COM 57667T100 119 10,000 SH   SOLE   10,000 0 0
MATERION CORPORATION COM 576690101 6,575 175,800 SH   SOLE   175,800 0 0
MATTHEWS INTL CORP CL A COM 577128101 279 4,560 SH   SOLE   4,560 0 0
MCGRATH RENTCORP COM COM 580589109 1,666 48,100 SH   SOLE   29,100 0 19,000
MDC PARTNERS INC-A COM 552697104 1,139 115,000 SH   SOLE   115,000 0 0
MDCO 2 3/4 7/15/23 CONVERTIBLE BOND 584688AG0 209 200,000 PRN   SOLE   200,000 0 0
MEDALLION FINANCIAL CORP COM 583928106 394 165,000 SH   SOLE   165,000 0 0
MERCADOLIBRE, INC. 2.250 07/0 CONVERTIBLE BOND 58733RAB8 203 100,000 PRN   SOLE   100,000 0 0
MERCURY COMPUTER SYS INC COM COM 589378108 1,494 35,500 SH   SOLE   35,500 0 0
MERIDIAN BIOSCIENCE INC COM COM 589584101 2,441 155,000 SH   SOLE   155,000 0 0
MESA LABS INC COM COM 59064R109 4,916 34,300 SH   SOLE   34,300 0 0
METHODE ELECTRS INC CL A COM 591520200 1,187 28,800 SH   SOLE   28,800 0 0
MGE ENERGY INC COM 55277P104 2,317 36,000 SH   SOLE   36,000 0 0
MGP INGREDIENTS INC NEW COM COM 55303J106 3,679 71,900 SH   SOLE   71,900 0 0
MICRON TECHNOLOGY, INC. 3.000 CONVERTIBLE BOND 595112AY9 226 200,000 PRN   SOLE   200,000 0 0
MIDDLEBY CORP COM COM 596278101 5,395 44,400 SH   SOLE   44,400 0 0
MIDDLESEX WTR CO COM COM 596680108 1,185 29,933 SH   SOLE   29,933 0 0
MINERALS TECHNOLOGIES INC COM 603158106 300 4,100 SH   SOLE   4,100 0 0
MITCHAM INDS INC COM COM 606501104 39 10,000 SH   SOLE   10,000 0 0
MITEK SYS INC COM NEW COM 606710200 567 67,500 SH   SOLE   67,500 0 0
MITEL NETWORKS CORP COM COM 60671Q104 637 86,600 SH   SOLE   39,600 0 47,000
MODINE MFG CO COM 607828100 5,405 326,600 SH   SOLE   326,600 0 0
MODUSLINK GLOBAL SOLUTIONS I COM 60786L206 2,804 1,639,800 SH   SOLE   1,639,800 0 0
MONEYGRAM INTERNATIONAL INC CO COM 60935Y208 345 20,000 SH   SOLE   20,000 0 0
MOTORCAR PTS & ACCESSORS INCCO COM 620071100 678 24,000 SH   SOLE   24,000 0 0
MOVADO GROUP INC COM COM 624580106 1,641 65,000 SH   SOLE   65,000 0 0
MSA SAFETY INC COM COM 553498106 771 9,500 SH   SOLE   9,500 0 0
MTS SYS CORP COM COM 553777103 285 5,502 SH   SOLE   5,502 0 0
MUELLER WATER PRODUCTS INC COM 624758108 823 70,500 SH   SOLE   70,500 0 0
MVC CAP COM COM 553829102 1,324 134,300 SH   SOLE   134,300 0 0
MYERS INDS INC COM 628464109 11,002 612,900 SH   SOLE   612,900 0 0
MYR GROUP INC DEL COM COM 55405W104 4,271 137,674 SH   SOLE   116,374 0 21,300
MYRIAD GENETICS INC COM COM 62855J104 483 18,700 SH   SOLE   10,300 0 8,400
NAPCO SEC SYS INC COM COM 630402105 2,388 254,011 SH   SOLE   254,011 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 13,465 213,736 SH   SOLE   213,736 0 0
NAUTILUS INC COM 63910B102 2,030 106,031 SH   SOLE   106,031 0 0
NAVIGATOR HOLDINGS LTD SHS COM Y62132108 1,245 150,000 SH   SOLE   150,000 0 0
NAVIGATORS GROUP INC COM COM 638904102 275 5,010 SH   SOLE   0 0 5,010
NAVISTAR INTL CORP COM COM 63934E108 525 20,000 SH   SOLE   20,000 0 0
NEOGEN CORP COM COM 640491106 8,483 122,750 SH   SOLE   122,750 0 0
NEOGENOMICS INC COM NEW COM 64049M209 1,769 197,407 SH   SOLE   197,407 0 0
NETSCOUT SYS INC COM COM 64115T104 1,649 47,950 SH   SOLE   17,000 0 30,950
NII HLDGS INC COM PAR $0.001 COM 62913F508 177 220,019 SH   SOLE   220,019 0 0
NUTANIX INC CL A COM 67059N108 365 18,100 SH   SOLE   18,100 0 0
NUTRACEUTICAL INTL CORP COM COM 67060Y101 7,247 174,000 SH   SOLE   174,000 0 0
NUVA 2 1/4 12/31/21 CONVERTIBLE BOND 670704AG0 208 150,000 PRN   SOLE   150,000 0 0
OAKTREE CAP GROUP LLC UNIT CL UNITS 674001201 660 14,161 SH   SOLE   6,061 0 8,100
OCEANFIRST FINL CORP COM COM 675234108 666 24,550 SH   SOLE   24,550 0 0
OFG BANCORP COM 67103X102 202 20,150 SH   SOLE   20,150 0 0
OIL DRI CORP AMER COM COM 677864100 5,390 128,300 SH   SOLE   128,300 0 0
OMEGA PROTEIN CORP COM COM 68210P107 782 43,700 SH   SOLE   43,700 0 0
OMNICELL INC COM COM 68213N109 2,701 62,677 SH   SOLE   50,162 0 12,515
OMNOVA SOLUTIONS INC COM COM 682129101 2,535 260,000 SH   SOLE   260,000 0 0
ON SEMICONDUCTOR CORP COM COM 682189105 810 57,720 SH   SOLE   20,600 0 37,120
OPKO HEALTH INC COM COM 68375N103 1,579 240,000 SH   SOLE   240,000 0 0
ORBCOMM INC COM COM 68555P100 5,891 521,335 SH   SOLE   521,335 0 0
ORITANI FINL CORP DEL COM COM 68633D103 984 57,692 SH   SOLE   47,000 0 10,692
ORTHOFIX INTL N V ORD COM N6748L102 2,101 45,200 SH   SOLE   45,200 0 0
PANDORA MEDIA INC COM COM 698354107 225 25,181 SH   SOLE   11,981 0 13,200
PARAMOUNT GROUP INC COM COM 69924R108 208 13,000 SH   SOLE   5,700 0 7,300
PARK ELECTROCHEMICAL CORP COM COM 700416209 2,454 133,228 SH   SOLE   133,228 0 0
PARK OHIO HLDGS CORP COM COM 700666100 6,530 171,400 SH   SOLE   171,400 0 0
PARKWAY INC COM 70156Q107 268 11,700 SH   SOLE   4,300 0 7,400
PARSLEY ENERGY INC CL A COM 701877102 630 22,715 SH   SOLE   11,615 0 11,100
PATRIOT TRAMSPORTATION HOLDING COM 70338W105 268 15,000 SH   SOLE   15,000 0 0
PATTERSON COMPANIES INC COM 703395103 1,407 29,973 SH   SOLE   13,160 0 16,813
PATTERSON-UTI ENERGY INC COM COM 703481101 1,726 85,473 SH   SOLE   43,227 0 42,246
PCSB FINANCIAL CORPORATION COM COM 69324R104 247 14,500 SH   SOLE   14,500 0 0
PFSWEB INC COM NEW COM 717098206 2,535 306,862 SH   SOLE   306,862 0 0
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 135 26,000 SH   SOLE   26,000 0 0
PLANTRONICS COM 727493108 952 18,200 SH   SOLE   6,500 0 11,700
POWELL INDS INC COM COM 739128106 643 20,103 SH   SOLE   20,103 0 0
PREFORMED LINE PRODS CO COM COM 740444104 269 5,788 SH   SOLE   5,788 0 0
PRG-SCHULTZ INTERNATIONAL INCO COM 69357C503 1,029 158,259 SH   SOLE   158,259 0 0
PRIMO WTR CORP COM COM 74165N105 165 13,000 SH   SOLE   13,000 0 0
PROGRESS SOFTWARE CORP COM COM 743312100 1,271 41,158 SH   SOLE   16,100 0 25,058
PROOFPOINT, INC. 0.750 06/15/ CONVERTIBLE BOND 743424AD5 249 200,000 PRN   SOLE   200,000 0 0
PTC INC COM COM 69370C100 510 9,246 SH   SOLE   2,000 0 7,246
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 1,605 158,000 SH   SOLE   158,000 0 0
QUIDEL CORP COM COM 74838J101 3,991 147,061 SH   SOLE   147,061 0 0
QUIDEL CORP. 3.250 02/15/20 CONVERTIBLE BOND 74838JAA9 222 200,000 PRN   SOLE   200,000 0 0
QUMU CORP COM COM 749063103 556 190,389 SH   SOLE   190,389 0 0
RAVEN INDS INC COM COM 754212108 835 25,080 SH   SOLE   25,080 0 0
READING INTERNATIONAL INC CL B COM 755408200 1,392 71,404 SH   SOLE   71,404 0 0
READING INTL INC CL A COM 755408101 6,100 378,172 SH   SOLE   378,172 0 0
RENASANT CORP COM COM 75970E107 1,617 36,971 SH   SOLE   36,971 0 0
RGC RES INC COM COM 74955L103 1,866 65,850 SH   SOLE   65,850 0 0
RH COM COM 74967X103 606 9,400 SH   SOLE   4,400 0 5,000
RLJ ENTMT INC COM NEW COM 74965F203 1,160 350,349 SH   SOLE   350,349 0 0
RPC INC. COMMON COM 749660106 1,768 87,500 SH   SOLE   87,500 0 0
RTI BIOLOGICS INC COM COM 74975N105 386 66,000 SH   SOLE   66,000 0 0
RUBICON PROJ INC COM COM 78112V102 121 23,500 SH   SOLE   23,500 0 0
RUSH ENTERPRISES INC CL A COM 781846209 2,041 54,905 SH   SOLE   47,405 0 7,500
RUSH ENTERPRISES INC CL B COM 781846308 3,787 104,005 SH   SOLE   104,005 0 0
RYMAN HOSPITALITY PPTYS INC CO COM 78377T107 640 10,000 SH   SOLE   10,000 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 804 67,524 SH   SOLE   67,524 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 4,402 620,008 SH   SOLE   620,008 0 0
SANFILIPPO JOHN B & SON INC CO COM 800422107 1,422 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 141 82,000 SH   SOLE   82,000 0 0
SCHULMAN A INC COM COM 808194104 2,192 68,500 SH   SOLE   51,100 0 17,400
SCIENTIFIC GAMES CORP CL A COM 80874P109 4,019 154,000 SH   SOLE   154,000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 16,137 906,048 SH   SOLE   906,048 0 0
SEQUENTIAL BRNDS GROUP INC NEW COM 81734P107 40 10,000 SH   SOLE   10,000 0 0
SEVCON INC COM 81783K108 6,948 518,508 SH   SOLE   518,508 0 0
SHENANDOAH TELECOMMUNICATIONCD COM 82312B106 14,736 480,000 SH   SOLE   480,000 0 0
SHILOH INDS INC COM COM 824543102 857 73,000 SH   SOLE   73,000 0 0
SILVERCREST ASSET MGMT GROUPCL COM 828359109 1,143 85,000 SH   SOLE   85,000 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 1,086 33,000 SH   SOLE   33,000 0 0
SJW GROUP COM 784305104 4,864 98,904 SH   SOLE   98,904 0 0
SKYLINE CORP COM 830830105 301 50,000 SH   SOLE   50,000 0 0
SNYDERS LANCE INC COM COM 833551104 8,433 243,600 SH   SOLE   243,600 0 0
SONIC AUTOMOTIVE INC CL A COM 83545G102 1,293 66,500 SH   SOLE   66,500 0 0
SOUTH ST CORP COM COM 840441109 257 2,995 SH   SOLE   2,995 0 0
SOUTHWEST BANCORP INC OKLA COM COM 844767103 728 28,494 SH   SOLE   24,494 0 4,000
SPWR 4 1/15/23 CONVERTIBLE BOND 867652AL3 262 300,000 PRN   SOLE   300,000 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 6,381 122,200 SH   SOLE   122,200 0 0
STANDEX INTL CORP COM 854231107 2,540 28,000 SH   SOLE   28,000 0 0
STANLEY FURNITURE INC COM NEW COM 854305208 29 25,000 SH   SOLE   25,000 0 0
STARRETT L S CO CL A COM 855668109 2,997 348,498 SH   SOLE   348,498 0 0
STATE BK FINL CORP COM COM 856190103 1,212 44,700 SH   SOLE   34,300 0 10,400
STEEL PARTNERS HLDGS L P COM 85814R107 11,589 623,046 SH   SOLE   623,046 0 0
STERIS PLC SHARES COM G84720104 285 3,500 SH   SOLE   3,500 0 0
STERLING BANCORP/DE COM 85917A100 3,334 143,409 SH   SOLE   143,409 0 0
STIFEL FINL CORP COM COM 860630102 806 17,532 SH   SOLE   5,500 0 12,032
STONERIDGE INC COM 86183P102 4,528 293,824 SH   SOLE   293,824 0 0
STRATASYS LTD SHS COM M85548101 967 41,500 SH   SOLE   24,500 0 17,000
STRATTEC SECURITY CORP. COM 863111100 6,291 177,700 SH   SOLE   177,700 0 0
SUNOPTA INC COM COM 8676EP108 3,179 311,664 SH   SOLE   311,664 0 0
SUPERIOR INDS INTL INC COM 868168105 9,864 480,000 SH   SOLE   480,000 0 0
SURMODICS INC COM COM 868873100 7,792 276,792 SH   SOLE   276,792 0 0
SVB FINL GROUP COM COM 78486Q101 307 1,745 SH   SOLE   148 0 1,597
SWK 5 3/8 5/15/20 CONVERTIBLE PREF 854502887 220 2,007 SH   SOLE   2,007 0 0
SYNERON MEDICAL LTD ORD SHS COM M87245102 1,424 130,049 SH   SOLE   130,049 0 0
TEAM INC COM COM 878155100 4,099 174,800 SH   SOLE   174,800 0 0
TEJON RANCH CO DEL COM COM 879080109 2,766 134,000 SH   SOLE   134,000 0 0
TENNANT CO COM 880345103 3,638 49,300 SH   SOLE   49,300 0 0
TENNECO INC COM 880349105 2,140 37,000 SH   SOLE   37,000 0 0
TESCO CORP COM COM 88157K101 258 57,900 SH   SOLE   57,900 0 0
TETRAPHASE PHARMACEUTICALS ICO COM 88165N105 214 30,000 SH   SOLE   30,000 0 0
THESTREET INC COM 88368Q103 58 70,000 SH   SOLE   70,000 0 0
TIMKENSTEEL CORP COM COM 887399103 2,026 131,799 SH   SOLE   131,799 0 0
TITAN INTL INC ILL COM COM 88830M102 420 35,000 SH   SOLE   35,000 0 0
TITAN MACHY INC COM COM 88830R101 2,216 123,233 SH   SOLE   123,233 0 0
TOWER INTL INC COM COM 891826109 750 33,425 SH   SOLE   33,425 0 0
TOWNSQUARE MEDIA INC CL A COM 892231101 963 94,000 SH   SOLE   94,000 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 1,126 133,200 SH   SOLE   133,200 0 0
TREDEGAR INDS INC COM 894650100 7,741 507,600 SH   SOLE   507,600 0 0
TRINITY BIOTECH PLC SPON ADR N COM 896438306 1,390 231,730 SH   SOLE   231,730 0 0
TRISTATE CAP HLDGS INC COM COM 89678F100 252 10,000 SH   SOLE   10,000 0 0
TRONC INC COM COM 89703P107 338 26,257 SH   SOLE   26,257 0 0
TRUSTCO BK CORP N Y COM COM 898349105 504 65,000 SH   SOLE   65,000 0 0
TUESDAY MORNING CORP COM NEW COM 899035505 27 14,000 SH   SOLE   14,000 0 0
TWIN DISC INC COM COM 901476101 5,424 336,069 SH   SOLE   336,069 0 0
TYLER TECHNOLOGIES INC COM COM 902252105 597 3,400 SH   SOLE   3,400 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 2,944 157,000 SH   SOLE   157,000 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 180 25,000 SH   SOLE   25,000 0 0
UMPQUA HLDGS CORP COM COM 904214103 383 20,886 SH   SOLE   14,250 0 6,636
UNITED FINANCIAL BANCORP INC COM 910304104 2,801 167,800 SH   SOLE   149,600 0 18,200
UNITED GUARDIAN INC COM COM 910571108 1,204 77,900 SH   SOLE   77,900 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 268 75,000 SH   SOLE   75,000 0 0
UTAH MED PRODS INC COM COM 917488108 362 5,000 SH   SOLE   5,000 0 0
VALUE LINE INC COM 920437100 606 33,089 SH   SOLE   33,089 0 0
VEECO INSTRS INC DEL COM COM 922417100 640 22,986 SH   SOLE   22,986 0 0
VERA BRADLEY INC COM COM 92335C106 102 10,400 SH   SOLE   10,400 0 0
VERSUM MATLS INC COM COM 92532W103 761 23,401 SH   SOLE   11,425 0 11,976
VIAD CORP COM NEW COM 92552R406 1,762 37,282 SH   SOLE   37,282 0 0
VICOR CORP COM COM 925815102 1,035 57,800 SH   SOLE   57,800 0 0
VIDEOCON D2H LTD ADR COM 92657J101 406 41,675 SH   SOLE   41,675 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 1,104 42,581 SH   SOLE   42,581 0 0
VISHAY INTERTECHNOLOGY INC COM 928298108 202 12,145 SH   SOLE   5,250 0 6,895
VSI 2 1/4 12/01/20 CONVERTIBLE BOND 92849EAB7 198 250,000 PRN   SOLE   250,000 0 0
WABASH NATL CORP COM COM 929566107 1,539 70,000 SH   SOLE   70,000 0 0
WASHINGTON FED INC COM 938824109 911 27,450 SH   SOLE   8,900 0 18,550
WASHINGTON TR BANCORP COM COM 940610108 3,094 60,020 SH   SOLE   49,900 0 10,120
WATERSTONE FINL INC MD COM COM 94188P101 1,849 98,100 SH   SOLE   88,000 0 10,100
WESTERN NEW ENGLAND BANCORP COM 958892101 884 87,100 SH   SOLE   87,100 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 186 23,000 SH   SOLE   23,000 0 0
WINDSTREAM HLDGS INC COM NEW COM 97382A200 1,998 515,000 SH   SOLE   515,000 0 0
WINNEBAGO INDS INC COM COM 974637100 2,135 61,000 SH   SOLE   61,000 0 0
WOODWARD INC COM 980745103 368 5,450 SH   SOLE   3,400 0 2,050
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 693 34,000 SH   SOLE   34,000 0 0
XENITH BANKSHARES INC NEW COM 984102202 544 17,512 SH   SOLE   17,512 0 0
XO GROUP INC COM COM 983772104 1,321 74,991 SH   SOLE   74,991 0 0
YORK WTR CO COM COM 987184108 1,535 44,037 SH   SOLE   44,037 0 0
ZAGG INC COM COM 98884U108 766 88,600 SH   SOLE   88,600 0 0