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 9,030 495,320 SH   SOLE   495,320 0 0
A H BELO CORP COM CL A COM 001282102 484 130,039 SH   SOLE   130,039 0 0
A10 NETWORKS INC COM COM 002121101 121 17,000 SH   SOLE   17,000 0 0
AARON'S INC COM 002535300 2,472 47,000 SH   SOLE   47,000 0 0
ABM INDS INC COM COM 000957100 1,618 44,500 SH   SOLE   21,000 0 23,500
ACCURAY INC COM COM 004397105 157 32,960 SH   SOLE   32,960 0 0
ACHAOGEN INC COM COM 004449104 177 387,000 SH   SOLE   387,000 0 0
ACHILLION PHARMACEUTICALS INCO COM 00448Q201 30 10,000 SH   SOLE   10,000 0 0
ACME UTD CORP COM COM 004816104 2,035 127,200 SH   SOLE   127,200 0 0
ADVANCED ENERGY INDS INC COM COM 007973100 914 18,400 SH   SOLE   9,100 0 9,300
AEP 6 1/8 3/15/22 CONVERTIBLE PREF 025537127 266 5,180 SH   SOLE   5,180 0 0
AEROJET ROCKETDYDTD 12/14/1 2. CORPORATE BONDS 007800AB1 371 250,000 PRN   SOLE   250,000 0 0
AEROJET ROCKETDYNE HOLDINGS COM 007800105 39,755 1,118,900 SH   SOLE   1,118,900 0 0
AIZ 6 1/2 3/15/21 CONVERTIBLE PREF 04621X207 263 2,538 SH   SOLE   2,538 0 0
ALITHYA GROUP INC CL A SUB VTG COM 01643B106 2,708 846,239 SH   SOLE   846,239 0 0
ALLEGIANCE BANCSHARES INC COM COM 01748H107 2,401 71,200 SH   SOLE   71,200 0 0
AMERICAN AIRLINES GROUP INC COM 02376R102 1,739 54,739 SH   SOLE   54,739 0 0
AMERICAN EAGLE OUTFITTERS INCO COM 02553E106 328 14,800 SH   SOLE   3,550 0 11,250
AMERICAN SOFTWARE INC CL A COM 029683109 2,645 221,380 SH   SOLE   221,380 0 0
AMPCO PITTSBURGH CORP COM 032037103 1,634 495,000 SH   SOLE   495,000 0 0
AMTECH SYS INC COM PAR $0.01N COM 032332504 91 17,000 SH   SOLE   17,000 0 0
ANGIODYNAMICS INC COM COM 03475V101 411 18,000 SH   SOLE   18,000 0 0
ANIKA THERAPEUTICS INC COM COM 035255108 1,210 40,000 SH   SOLE   40,000 0 0
AQUAVENTURE HLDGS LTD SHS COM G0443N107 281 14,500 SH   SOLE   14,500 0 0
ARC DOCUMENT SOLUTIONS INC COM COM 00191G103 370 166,000 SH   SOLE   166,000 0 0
ARMSTRONG FLOORING INC COM COM 04238R106 5,317 390,937 SH   SOLE   390,937 0 0
ARTESIAN RES CORP COM CL A COM 043113208 1,320 35,426 SH   SOLE   35,426 0 0
ASCENT CAPITAL GROUP INC COM 043632108 19 25,000 SH   SOLE   25,000 0 0
ASTEC INDS INC COM COM 046224101 11,600 307,200 SH   SOLE   307,200 0 0
ASTRONICS CORP COM COM 046433108 442 13,500 SH   SOLE   13,500 0 0
ATLANTIC AMERN CORP COM COM 048209100 56 22,000 SH   SOLE   22,000 0 0
ATLANTIC CAP BANCSHARES INC CO COM 048269203 5,860 328,658 SH   SOLE   305,258 0 23,400
ATLAS AIR WORLDWIDE HLDGS 2.25 CONVERTIBLE BOND 049164BH8 262 250,000 PRN   SOLE   250,000 0 0
ATN INTERNATIONAL INC COM 00215F107 2,198 38,980 SH   SOLE   38,980 0 0
AVID TECHNOLOGY INC COM 05367P100 1,937 260,042 SH   SOLE   260,042 0 0
AZZ INC COM COM 002474104 819 20,000 SH   SOLE   20,000 0 0
BADGER METER INC COM COM 056525108 1,558 28,000 SH   SOLE   28,000 0 0
BANC OF CALIFORNIA INC COM COM 05990K106 412 29,800 SH   SOLE   15,600 0 14,200
BANK OF AMERICA CV PFD L 7.250 CONVERTIBLE PREF 060505682 393 300 SH   SOLE   300 0 0
BANKUNITED INC COM COM 06652K103 924 27,670 SH   SOLE   15,570 0 12,100
BARNES GROUP INC COM COM 067806109 254 4,950 SH   SOLE   4,950 0 0
BASSETT FURNITURE INDS COM 070203104 4,133 251,870 SH   SOLE   251,870 0 0
BDX 6 1/8 5/1/20 CONVERTIBLE PREF 075887208 340 5,494 SH   SOLE   5,494 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 3,423 860,000 SH   SOLE   860,000 0 0
BERKSHIRE HILLS BANCORP INC CO COM 084680107 413 15,146 SH   SOLE   15,146 0 0
BERRY PLASTICS GROUP INC COM COM 08579W103 296 5,500 SH   SOLE   5,500 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 328 103,000 SH   SOLE   103,000 0 0
BIGLARI HOLDINGS INC-A COM 08986R408 1,496 2,034 SH   SOLE   2,034 0 0
BIOLASE INC COM 090911207 52 22,000 SH   SOLE   22,000 0 0
BIOSCRIP INC COM 09069N108 859 429,269 SH   SOLE   429,269 0 0
BIOTELEMETRY INC COM COM 090672106 8,328 133,000 SH   SOLE   133,000 0 0
BMRN 0.599 08/01/24 CONVERTIBLE BOND 09061GAH4 409 400,000 PRN   SOLE   400,000 0 0
BOK FINL CORP COM NEW COM 05561Q201 1,419 17,397 SH   SOLE   17,397 0 0
BOSTON BEER INC CL A COM 100557107 2,446 8,300 SH   SOLE   8,300 0 0
BOSTON PRIVATE FINL HLDGS INCO COM 101119105 110 10,000 SH   SOLE   10,000 0 0
BOTTOMLINE TECH DEL INC COM COM 101388106 831 16,600 SH   SOLE   8,300 0 8,300
BOYD GAMING CORP COM 103304101 1,964 71,800 SH   SOLE   71,800 0 0
BRAEMAR HOTELS & RESORTS INCCO COM 10482B101 464 38,000 SH   SOLE   38,000 0 0
BRINKS CO COM COM 109696104 400 5,300 SH   SOLE   0 0 5,300
BROWN & BROWN INC COM COM 115236101 1,035 35,068 SH   SOLE   16,600 0 18,468
BRS 4 1/2 6/1/23 CONVERTIBLE BOND 110394AF0 102 509,000 PRN   SOLE   509,000 0 0
CABOT MICROELECTRONICS COM 12709P103 683 6,100 SH   SOLE   2,600 0 3,500
CADENCE BANCORPORATION CL A COM 12739A100 1,688 90,971 SH   SOLE   77,753 0 13,218
CADIZ INC COM 127537207 289 29,900 SH   SOLE   29,900 0 0
CALAVO GROWERS INC COM COM 128246105 4,779 57,000 SH   SOLE   57,000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 1,346 24,800 SH   SOLE   24,800 0 0
CALLAWAY GOLF CO COM COM 131193104 1,535 96,387 SH   SOLE   96,387 0 0
CALLON PETE CO DEL COM COM 13123X102 1,924 254,844 SH   SOLE   254,844 0 0
CANTEL MEDICAL CORP COM COM 138098108 3,110 46,500 SH   SOLE   46,500 0 0
CANTERBURY PK HLDG CORP COM 13811E101 2,394 164,870 SH   SOLE   164,870 0 0
CAPITAL CITY BK GROUP INC COM COM 139674105 2,112 96,976 SH   SOLE   96,976 0 0
CAPSTONE TURBINE CORP COM 14067D409 14 15,001 SH   SOLE   15,001 0 0
CARBONITE INC COM 141337105 1,977 79,687 SH   SOLE   79,687 0 0
CARDIOVASCULAR SYS INC DEL COM COM 141619106 4,295 111,100 SH   SOLE   111,100 0 0
CARDLYTICS INC COM COM 14161W105 1,902 115,000 SH   SOLE   115,000 0 0
CAREDX INC COM 14167L103 441 14,000 SH   SOLE   14,000 0 0
CAROLINA FINL CORP NEW COM COM 143873107 287 8,303 SH   SOLE   8,303 0 0
CARPENTER TECHNOLOGY CORP COM COM 144285103 532 11,600 SH   SOLE   0 0 11,600
CARRIAGE SVCS INC CL A COM 143905107 375 19,500 SH   SOLE   19,500 0 0
CASELLA WASTE SYS INC CL A COM 147448104 21,280 598,428 SH   SOLE   598,428 0 0
CAVCO INDUSTRIES COM 149568107 6,582 56,000 SH   SOLE   56,000 0 0
CCI 6 7/8 8/1/20 CONVERTIBLE PREF 22822V309 599 504 SH   SOLE   504 0 0
CENTENNIAL RESOURCE DEV INC CL COM 15136A102 949 107,923 SH   SOLE   52,423 0 55,500
CENTERSTATE BK CORP COM COM 15201P109 617 25,900 SH   SOLE   13,400 0 12,500
CFX 5 3/4 1/15/22 CONVERTIBLE PREF 194014205 535 4,000 SH   SOLE   4,000 0 0
CHART INDS INC COM 16115Q308 5,069 56,000 SH   SOLE   56,000 0 0
CHASE CORP COM 16150R104 8,230 88,933 SH   SOLE   88,933 0 0
CHEESECAKE FACTORY INC COM 163072101 2,446 50,000 SH   SOLE   50,000 0 0
CHENIERE ENERGY, INC. 4.250 0 CONVERTIBLE BOND 16411RAG4 474 600,000 PRN   SOLE   600,000 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 2,942 32,250 SH   SOLE   32,250 0 0
CHICKEN SOUP FOR THE SOUL ENCL COM 16842Q100 146 11,800 SH   SOLE   11,800 0 0
CHURCHILL DOWNS INC COM COM 171484108 6,374 70,620 SH   SOLE   70,620 0 0
CINCINNATI BELL INC NEW COM NE COM 171871502 2,748 288,039 SH   SOLE   288,039 0 0
CIRCOR INTL INC COM COM 17273K109 8,704 266,986 SH   SOLE   255,586 0 11,400
CITIZENS & NORTHN CORP COM COM 172922106 456 18,200 SH   SOLE   18,200 0 0
CNP 7. 09/01/21 CONVERTIBLE PREF 15189T503 275 5,200 SH   SOLE   5,200 0 0
COASTAL FINANCIAL CORP/WA COM 19046P209 200 11,800 SH   SOLE   11,800 0 0
COHEN & STEERS INC COM COM 19247A100 4,607 109,000 SH   SOLE   109,000 0 0
COLLEGIUM PHARMACEUTICAL INCCO COM 19459J104 725 47,900 SH   SOLE   47,900 0 0
COLUMBIA BKG SYS INC COM COM 197236102 484 14,801 SH   SOLE   7,300 0 7,501
COLUMBUS MCKINNON CORP N Y COM COM 199333105 4,323 125,860 SH   SOLE   125,860 0 0
COMSCORE INC COM 20564W105 4,050 200,000 SH   SOLE   200,000 0 0
CONNECTICUT WTR SVC INC COM COM 207797101 275 4,000 SH   SOLE   4,000 0 0
CONSOLIDATED COMM HLDGS INC CO COM 209034107 416 38,111 SH   SOLE   38,111 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 849 66,000 SH   SOLE   66,000 0 0
CORE MOLDING TECH COM COM 218683100 2,956 400,500 SH   SOLE   400,500 0 0
COTT CORP COM COM 22163N106 1,607 110,000 SH   SOLE   110,000 0 0
CSGS 4 1/4 3/15/36 CONVERTIBLE BOND 126349AF6 579 550,000 PRN   SOLE   550,000 0 0
CTS CORP COM 126501105 10,089 343,500 SH   SOLE   343,500 0 0
CUTERA INC COM COM 232109108 6,922 391,940 SH   SOLE   391,940 0 0
CY 4 1/2 1/15/22 CONVERTIBLE BOND 232806AM1 321 250,000 PRN   SOLE   250,000 0 0
CYPRESS SEMICONDUCTOR CORP COM COM 232806109 1,237 82,900 SH   SOLE   30,900 0 52,000
DAKTRONICS INC COM COM 234264109 522 70,000 SH   SOLE   70,000 0 0
DANA HOLDING CORP COM COM 235825205 1,863 105,000 SH   SOLE   105,000 0 0
DARLING INTL INC COM COM 237266101 1,693 78,200 SH   SOLE   41,400 0 36,800
DAWSON GEOPHYSICAL CO NEW COM COM 239360100 94 32,020 SH   SOLE   32,020 0 0
DEL FRISCOS RESTAURANT GROUPCO COM 245077102 141 22,000 SH   SOLE   22,000 0 0
DENNYS CORP COM COM 24869P104 1,099 59,900 SH   SOLE   59,900 0 0
DHI GROUP INC COM COM 23331S100 109 45,000 SH   SOLE   45,000 0 0
DHR 4 3/4 4/15/22 CONVERTIBLE PREF 235851300 254 250 SH   SOLE   250 0 0
DICKS SPORTING GOODS INC COM COM 253393102 538 14,627 SH   SOLE   627 0 14,000
DIEBOLD NIXDORF COM 253651103 4,569 412,701 SH   SOLE   412,701 0 0
DIGI INTL INC COM COM 253798102 1,478 116,620 SH   SOLE   116,620 0 0
DIME CMNTY BANCORP INC COM COM 253922108 671 35,800 SH   SOLE   35,800 0 0
DISH 3 3/8 8/15/26 CONVERTIBLE BOND 25470MAB5 512 600,000 PRN   SOLE   600,000 0 0
DOUGLAS DYNAMICS INC COM COM 25960R105 381 10,000 SH   SOLE   10,000 0 0
DTE 6 1/2 10/1/19 CONVERTIBLE PREF 233331883 277 5,000 SH   SOLE   5,000 0 0
DUCOMMUN INC DEL COM COM 264147109 8,153 187,335 SH   SOLE   187,335 0 0
DXP ENTERPRISES INC NEW COM NE COM 233377407 475 12,200 SH   SOLE   12,200 0 0
EASTERN CO COM COM 276317104 9,919 360,431 SH   SOLE   360,431 0 0
ECPG 4 1/2 9/1/23 CONVERTIBLE BOND 29260UAA5 268 300,000 PRN   SOLE   300,000 0 0
ELDORADO RESORTS INC COM COM 28470R102 3,618 77,500 SH   SOLE   77,500 0 0
ELECTROMED INC COM COM 285409108 640 124,336 SH   SOLE   124,336 0 0
EMCOR GROUP INC COM COM 29084Q100 987 13,500 SH   SOLE   6,700 0 6,800
ENERGY RECOVERY INC COM 29270J100 594 68,000 SH   SOLE   68,000 0 0
ENR 7 1/2 1/15/22 CVT PFD CONVERTIBLE PREF 29272W208 502 5,150 SH   SOLE   5,150 0 0
ENTEGRIS INC COM COM 29362U104 8,066 226,000 SH   SOLE   193,700 0 32,300
ENTERCOM COMMUNICATIONS CORPCL COM 293639100 413 78,700 SH   SOLE   78,700 0 0
ENTRAVISION COMM CORP CL A COM 29382R107 1,349 416,470 SH   SOLE   416,470 0 0
EQUITY COMWLTH COM SH BEN INT COM 294628102 324 9,900 SH   SOLE   6,000 0 3,900
ETHAN ALLEN INTERIORS INC COM COM 297602104 2,770 144,788 SH   SOLE   99,688 0 45,100
EVERI HLDGS INC COM COM 30034T103 305 29,000 SH   SOLE   29,000 0 0
EVINE LIVE INC COM 300487105 124 265,000 SH   SOLE   265,000 0 0
EVOQUA WATER TECHNOLOGIES COCO COM 30057T105 572 45,500 SH   SOLE   22,600 0 22,900
EXAS 3/8 3/15/27 CONVERTIBLE BOND 30063PAB1 282 275,000 PRN   SOLE   275,000 0 0
EXELIXIS INC COM COM 30161Q104 4,165 175,000 SH   SOLE   175,000 0 0
EXTREME NETWORKS INC COM COM 30226D106 3,453 461,000 SH   SOLE   369,500 0 91,500
F N B CORP PA COM COM 302520101 801 75,600 SH   SOLE   75,600 0 0
FABRINET SHS COM G3323L100 393 7,500 SH   SOLE   3,900 0 3,600
FARMER BROS CO COM 307675108 5,844 292,034 SH   SOLE   292,034 0 0
FARMERS NATL BANC CORP COM COM 309627107 552 40,000 SH   SOLE   40,000 0 0
FARO TECHNOLOGIES INC COM COM 311642102 518 11,800 SH   SOLE   5,300 0 6,500
FEDERAL SIGNAL CORP COM COM 313855108 17,205 662,000 SH   SOLE   662,000 0 0
FERRO CORP COM 315405100 21,646 1,143,478 SH   SOLE   1,118,678 0 24,800
FIDELITY SOUTHERN CORP COM 316394105 357 13,018 SH   SOLE   13,018 0 0
FIRST FNDTN INC COM COM 32026V104 913 67,300 SH   SOLE   34,400 0 32,900
FIRST INTERNET BANCORP COM COM 320557101 679 35,120 SH   SOLE   35,120 0 0
FLUSHING FINL CORP COM COM 343873105 13,776 628,192 SH   SOLE   628,192 0 0
FORMFACTOR INC COM COM 346375108 3,627 225,416 SH   SOLE   190,580 0 34,836
FOSTER L B CO COM COM 350060109 1,679 89,236 SH   SOLE   89,236 0 0
FRANKLIN FINL NETWORK INC COM COM 35352P104 203 7,000 SH   SOLE   7,000 0 0
FREQUENCY ELECTRS INC COM COM 358010106 247 20,808 SH   SOLE   20,808 0 0
FRP HLDGS INC COM COM 30292L107 1,161 24,400 SH   SOLE   24,400 0 0
FS BANCORP INC COM COM 30263Y104 901 17,858 SH   SOLE   17,858 0 0
FTI CONSULTING INC COM COM 302941109 743 9,668 SH   SOLE   4,850 0 4,818
FULL HOUSE RESORTS INC COM COM 359678109 2,258 1,117,725 SH   SOLE   1,117,725 0 0
GENCOR INDS INC COM COM 368678108 6,977 564,500 SH   SOLE   564,500 0 0
GENESIS HEALTHCARE INC CL A CO COM 37185X106 43 30,000 SH   SOLE   30,000 0 0
GENIUS BRANDS INTERN COM 37229T301 49 25,000 SH   SOLE   25,000 0 0
GENTHERM INC COM COM 37253A103 494 13,400 SH   SOLE   13,400 0 0
GIBRALTER INDUSTRIES INC COM 374689107 5,888 145,000 SH   SOLE   145,000 0 0
GLACIER BANCORP INC NEW COM COM 37637Q105 962 24,000 SH   SOLE   9,300 0 14,700
GNC HLDGS INC COM CL A COM 36191G107 96 35,000 SH   SOLE   35,000 0 0
GOGO INC COM COM 38046C109 292 65,000 SH   SOLE   65,000 0 0
GOLDEN ENTERTAINMENT INC COM 381013101 8,386 592,210 SH   SOLE   592,210 0 0
GORMAN RUPP CO COM 383082104 4,616 136,000 SH   SOLE   136,000 0 0
GP STRATEGIES CORP COM COM 36225V104 2,019 166,172 SH   SOLE   166,172 0 0
GRAHAM CORP COM COM 384556106 679 34,600 SH   SOLE   34,600 0 0
GRANITE CONSTR INC COM COM 387328107 2,244 52,000 SH   SOLE   52,000 0 0
GRAY TELEVISION, INC COM 389375106 5,329 249,500 SH   SOLE   249,500 0 0
GRAY TELEVISION, INC CL A COM 389375205 1,764 84,084 SH   SOLE   84,084 0 0
GRIFFIN INDUSTRIAL REALTY IN COM 398231100 9,795 281,058 SH   SOLE   281,058 0 0
GRIFFON CORP COM COM 398433102 9,454 511,579 SH   SOLE   511,579 0 0
GSE SYS INC COM COM 36227K106 56 20,000 SH   SOLE   20,000 0 0
GTY GOVTECH INC COM 362409104 3,783 429,852 SH   SOLE   429,852 0 0
GULFPORT ENERGY CORP COM NEW COM 402635304 158 19,700 SH   SOLE   0 0 19,700
GYRODYNE LLC COM COM 403829104 254 14,138 SH   SOLE   14,138 0 0
HAIN CELESTIAL GROUP INC COM 405217100 2,409 104,186 SH   SOLE   89,686 0 14,500
HALLMARK FINL SVCS INC ECCOM N COM 40624Q203 1,965 188,930 SH   SOLE   188,930 0 0
HANCOCK HOLDING CO COM 410120109 586 14,500 SH   SOLE   14,500 0 0
HANESBRANDS INC COM COM 410345102 822 45,962 SH   SOLE   23,462 0 22,500
HAWKINS INC COM COM 420261109 2,762 75,000 SH   SOLE   75,000 0 0
HC2 HLDGS INC COM COM 404139107 1,794 732,117 SH   SOLE   732,117 0 0
HEARTLAND FINL USA INC COM COM 42234Q102 209 4,900 SH   SOLE   2,400 0 2,500
HEMISPHERE MEDIA GROUP INC CL COM 42365Q103 636 45,100 SH   SOLE   17,600 0 27,500
HERC HLDGS INC COM COM 42704L104 507 13,000 SH   SOLE   13,000 0 0
HERITAGE COMMERCE CORP COM COM 426927109 410 33,900 SH   SOLE   33,900 0 0
HESKA CORPORATION COM NEW COM 42805E306 936 11,000 SH   SOLE   11,000 0 0
HEXCEL CORP NEW COM COM 428291108 806 11,652 SH   SOLE   5,452 0 6,200
HOMESTREET INC COM COM 43785V102 791 30,000 SH   SOLE   30,000 0 0
HOPE BANCORP INC COM COM 43940T109 1,066 81,500 SH   SOLE   81,500 0 0
HUTTIG BLDG PRODS INC COM COM 448451104 2,091 755,000 SH   SOLE   755,000 0 0
I3 VERTICALS INC COM CL A COM 46571Y107 2,265 94,300 SH   SOLE   94,300 0 0
ICC HOLDINGS INC COM 44931Q104 482 34,400 SH   SOLE   34,400 0 0
ICF INTL INC COM COM 44925C103 1,773 23,300 SH   SOLE   23,300 0 0
ICPT 3 1/4 7/1/23 CONVERTIBLE BOND 45845PAA6 298 300,000 PRN   SOLE   300,000 0 0
ICU MEDICAL INC COM 44930G107 1,884 7,872 SH   SOLE   5,780 0 2,092
IFF 6 09/15/21 CONVERTIBLE PREF 459506309 253 5,032 SH   SOLE   5,032 0 0
IMAX CORP COM COM 45245E109 703 31,000 SH   SOLE   31,000 0 0
INDEPENDENCE CONTRACT DRIL ICO COM 453415309 823 297,000 SH   SOLE   297,000 0 0
INFINERA CORPORATION COM COM 45667G103 1,141 262,900 SH   SOLE   122,800 0 140,100
INFN 2 1/8 9/1/24 CONVERTIBLE BOND 45667GAC7 474 600,000 PRN   SOLE   600,000 0 0
INFUSYSTEM HLDGS INC COM COM 45685K102 3,068 612,448 SH   SOLE   612,448 0 0
INGLES MKTS INC CL A COM 457030104 4,988 180,600 SH   SOLE   180,600 0 0
INNOPHOS HOLDINGS INC COM COM 45774N108 211 7,000 SH   SOLE   7,000 0 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 370 123,000 SH   SOLE   123,000 0 0
INSIGNIA SYS INC COM COM 45765Y105 122 91,397 SH   SOLE   91,397 0 0
INSPIRED ENTMT INC COM COM 45782N108 2,076 311,478 SH   SOLE   311,478 0 0
INTEGER HOLDINGS CORP COM 45826H109 1,735 23,000 SH   SOLE   23,000 0 0
INTERDIGITAL INC 1.5 3/1/20 CONVERTIBLE BOND 458660AD9 366 350,000 PRN   SOLE   350,000 0 0
INTERNAP CORP COM PAR COM 45885A409 2,822 569,000 SH   SOLE   569,000 0 0
INTEVAC INC COM COM 461148108 1,441 235,030 SH   SOLE   235,030 0 0
INTRICON CORP COM COM 46121H109 3,369 134,337 SH   SOLE   134,337 0 0
INVESTORS BANCORP INC COM 46146L101 1,314 110,846 SH   SOLE   52,050 0 58,796
INVITAE CORP COM COM 46185L103 1,522 65,000 SH   SOLE   65,000 0 0
IPHI 1 1/8 12/1/20 CONVERTIBLE BOND 45772FAB3 612 500,000 PRN   SOLE   500,000 0 0
IRIDIUM COMMUNICATIONS INC COM COM 46269C102 529 20,000 SH   SOLE   20,000 0 0
ITERIS INC COM 46564T107 83 20,000 SH   SOLE   20,000 0 0
IVC 4 1/2 6/1/22 CONVERTIBLE BOND 461203AH4 183 200,000 PRN   SOLE   200,000 0 0
J & J SNACK FOODS CORP COM 466032109 238 1,500 SH   SOLE   1,500 0 0
JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 7,835 85,260 SH   SOLE   85,260 0 0
JOHNSON OUTDOORS INC CL A COM 479167108 678 9,500 SH   SOLE   9,500 0 0
KAMAN CORP COM 483548103 11,466 196,200 SH   SOLE   196,200 0 0
KAMN 3 1/4 5/1/24 CONVERTIBLE BOND 483548AF0 552 500,000 PRN   SOLE   500,000 0 0
KAR AUCTION SVCS INC COM COM 48238T109 1,944 37,879 SH   SOLE   37,879 0 0
KIMBALL ELECTRONICS INC COM COM 49428J109 1,704 110,000 SH   SOLE   110,000 0 0
KIMBALL INTL INC CL B COM 494274103 7,381 522,000 SH   SOLE   522,000 0 0
KINDRED BIOSCIENCES INC COM COM 494577109 156 17,000 SH   SOLE   17,000 0 0
KKR & CO INC CL A COM 48251W104 2,134 90,843 SH   SOLE   90,843 0 0
KLX ENERGY SERVICES HOLD COM 48253L106 1,805 71,806 SH   SOLE   71,806 0 0
KN 3 1/4 11/1/21 CONVERTIBLE BOND 49926DAB5 587 500,000 PRN   SOLE   500,000 0 0
KOPIN CORP COM COM 500600101 255 190,000 SH   SOLE   190,000 0 0
LA Z BOY CHAIR CO COM 505336107 1,847 56,000 SH   SOLE   56,000 0 0
LAKELAND INDS INC. COM 511795106 194 16,510 SH   SOLE   16,510 0 0
LANDS END INC NEW COM COM 51509F105 1,578 95,000 SH   SOLE   95,000 0 0
LAWSON PRODS INC COM COM 520776105 9,002 287,042 SH   SOLE   287,042 0 0
LEGACY HOUSING CORP COM COM 52472M101 486 40,800 SH   SOLE   40,800 0 0
LEGACY TEX FINL GROUP INC COM COM 52471Y106 2,378 63,600 SH   SOLE   25,700 0 37,900
LENDING TREE INC. COM 52603B107 2,264 6,440 SH   SOLE   6,440 0 0
LIFETIME BRANDS INC COM COM 53222Q103 1,797 190,175 SH   SOLE   190,175 0 0
LIFEWAY FOODS INC COM COM 531914109 260 107,511 SH   SOLE   107,511 0 0
LIMONEIRA CO COM COM 532746104 3,282 139,475 SH   SOLE   139,475 0 0
LINDSAY CORP COM 535555106 1,468 15,164 SH   SOLE   15,164 0 0
LITE 1/4 3/15/24 CONVERTIBLE BOND 55024UAB5 606 512,000 PRN   SOLE   512,000 0 0
LITHIA MOTORS INC. COM 536797103 2,523 27,200 SH   SOLE   27,200 0 0
LITTELFUSE INC COM 537008104 1,150 6,304 SH   SOLE   6,304 0 0
LSB INDS INC COM COM 502160104 509 81,650 SH   SOLE   81,650 0 0
LUMENTUM HLDGS INC COM COM 55024U109 660 11,668 SH   SOLE   5,722 0 5,946
LYDALL INC COM COM 550819106 2,600 110,809 SH   SOLE   110,809 0 0
MACOM TECH SOLUTIONS HLDGS ICO COM 55405Y100 346 20,700 SH   SOLE   12,600 0 8,100
MACQUARIE INFRASTRUCTURE COMPA COM 55608B105 660 16,000 SH   SOLE   16,000 0 0
MAGNOLIA OIL & GAS CORP CL A COM 559663109 1,013 84,400 SH   SOLE   41,200 0 43,200
MARCUS CORP COM COM 566330106 14,491 361,812 SH   SOLE   361,812 0 0
MARINE PRODS CORP COM COM 568427108 10,776 800,000 SH   SOLE   800,000 0 0
MARINEMAX INC COM COM 567908108 1,150 60,000 SH   SOLE   60,000 0 0
MARVELL TECHNOLOGY GRP LTD COM G5876H105 882 44,360 SH   SOLE   21,360 0 23,000
MATADOR RES CO COM COM 576485205 816 42,200 SH   SOLE   20,600 0 21,600
MATERIALISE NV SPONSORED ADS COM 57667T100 157 10,000 SH   SOLE   10,000 0 0
MATERION CORPORATION COM 576690101 9,094 159,382 SH   SOLE   159,382 0 0
MCGRATH RENTCORP COM COM 580589109 2,325 41,100 SH   SOLE   26,600 0 14,500
MDC PARTNERS INC-A COM 552697104 259 115,000 SH   SOLE   115,000 0 0
MEDALLION FINANCIAL CORP COM 583928106 1,173 170,000 SH   SOLE   170,000 0 0
MERCURY COMPUTER SYS INC COM COM 589378108 2,243 35,000 SH   SOLE   35,000 0 0
MEREDITH CORP COM 589433101 1,824 33,000 SH   SOLE   16,700 0 16,300
MERIDIAN BIOSCIENCE INC COM COM 589584101 2,360 134,000 SH   SOLE   134,000 0 0
MESA LABS INC COM COM 59064R109 6,454 28,000 SH   SOLE   28,000 0 0
METHODE ELECTRS INC CL A COM 591520200 829 28,800 SH   SOLE   28,800 0 0
MGE ENERGY INC COM 55277P104 2,175 32,000 SH   SOLE   32,000 0 0
MGP INGREDIENTS INC NEW COM COM 55303J106 926 12,000 SH   SOLE   12,000 0 0
MIDDLEBY CORP COM COM 596278101 5,773 44,400 SH   SOLE   44,400 0 0
MIDDLESEX WTR CO COM COM 596680108 1,659 29,633 SH   SOLE   29,633 0 0
MINERALS TECHNOLOGIES INC COM 603158106 241 4,100 SH   SOLE   4,100 0 0
MITCHAM INDS INC COM COM 606501104 590 150,069 SH   SOLE   150,069 0 0
MITEK SYS INC COM NEW COM 606710200 1,010 82,500 SH   SOLE   82,500 0 0
MIX TELEMATICS LTD SPONSORED A COM 60688N102 167 10,000 SH   SOLE   10,000 0 0
MODINE MFG CO COM 607828100 5,548 400,000 SH   SOLE   400,000 0 0
MONEYGRAM INTERNATIONAL INC CO COM 60935Y208 1,142 560,000 SH   SOLE   560,000 0 0
MOTORCAR PTS & ACCESSORS INCCO COM 620071100 453 24,000 SH   SOLE   24,000 0 0
MOVADO GROUP INC COM COM 624580106 2,292 63,000 SH   SOLE   63,000 0 0
MSA SAFETY INC COM COM 553498106 982 9,500 SH   SOLE   9,500 0 0
MUELLER WATER PRODUCTS INC COM 624758108 1,355 135,000 SH   SOLE   92,300 0 42,700
MVC CAP COM COM 553829102 1,218 134,300 SH   SOLE   134,300 0 0
MYERS INDS INC COM 628464109 17,587 1,027,900 SH   SOLE   1,027,900 0 0
MYR GROUP INC DEL COM COM 55405W104 4,491 129,674 SH   SOLE   117,974 0 11,700
NABORS INDUSTRIES LTD SHS COM G6359F103 114 33,100 SH   SOLE   33,100 0 0
NANOMETRICS INC COM COM 630077105 525 17,000 SH   SOLE   8,400 0 8,600
NAPCO SEC SYS INC COM COM 630402105 5,425 261,551 SH   SOLE   261,551 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 15,228 222,634 SH   SOLE   222,634 0 0
NATIONAL CINEMEDIA INC COM COM 635309107 395 56,000 SH   SOLE   56,000 0 0
NATIONAL COMM CORP COM COM 63546L102 1,098 28,000 SH   SOLE   28,000 0 0
NATUS MEDICAL INC DEL COM COM 639050103 487 19,200 SH   SOLE   8,400 0 10,800
NAUTILUS INC COM 63910B102 1,059 190,540 SH   SOLE   190,540 0 0
NAVIGATOR HOLDINGS LTD SHS COM Y62132108 1,853 168,441 SH   SOLE   168,441 0 0
NAVISTAR INTL CORP COM COM 63934E108 646 20,000 SH   SOLE   20,000 0 0
NBIX 2 1/4 5/15/24 CONVERTIBLE BOND 64125CAD1 455 337,000 PRN   SOLE   337,000 0 0
NEOGEN CORP COM COM 640491106 9,010 157,000 SH   SOLE   157,000 0 0
NEOGENOMICS INC COM NEW COM 64049M209 2,348 114,780 SH   SOLE   114,780 0 0
NETSCOUT SYS INC COM COM 64115T104 2,536 90,350 SH   SOLE   44,000 0 46,350
NEW YORK CMNTY CAP TR V CV PFD CONVERTIBLE PREF 64944P307 290 6,000 SH   SOLE   6,000 0 0
NICE 1 1/4 1/15/24 CONVERTIBLE BOND 65366HAB9 465 305,000 PRN   SOLE   305,000 0 0
NII HLDGS INC COM PAR $0.001 COM 62913F508 2,097 1,070,000 SH   SOLE   1,070,000 0 0
OAKTREE CAP GROUP LLC UNIT CL UNITS 674001201 1,244 25,061 SH   SOLE   12,561 0 12,500
OCEANEERING INTL INC COM COM 675232102 760 48,200 SH   SOLE   23,700 0 24,500
OCEANFIRST FINL CORP COM COM 675234108 605 25,150 SH   SOLE   25,150 0 0
OFG BANCORP COM 67103X102 343 17,350 SH   SOLE   17,350 0 0
OIL DRI CORP AMER COM COM 677864100 4,173 134,000 SH   SOLE   134,000 0 0
OKTA 1/4 2/15/23 CONVERTIBLE BOND 679295AB1 318 176,000 PRN   SOLE   176,000 0 0
OLD LINE BANCSHARES INC COM 67984M100 909 36,479 SH   SOLE   36,479 0 0
OMNICELL INC COM COM 68213N109 4,997 61,815 SH   SOLE   49,300 0 12,515
OMNOVA SOLUTIONS INC COM COM 682129101 3,018 429,900 SH   SOLE   429,900 0 0
OPKO HEALTH INC COM COM 68375N103 103 39,300 SH   SOLE   39,300 0 0
ORBCOMM INC COM COM 68555P100 3,541 522,315 SH   SOLE   522,315 0 0
ORITANI FINL CORP DEL COM COM 68633D103 1,004 60,392 SH   SOLE   49,700 0 10,692
ORTHOFIX MED INC COM COM 68752M108 2,550 45,200 SH   SOLE   45,200 0 0
OXFORD INDS INC COM COM 691497309 1,039 13,800 SH   SOLE   7,300 0 6,500
PARAMOUNT GROUP INC COM COM 69924R108 474 33,400 SH   SOLE   15,200 0 18,200
PARATEK PHARMACEUTICALS INC CO COM 699374302 590 110,000 SH   SOLE   110,000 0 0
PARK ELECTROCHEMICAL CORP COM COM 700416209 2,065 131,500 SH   SOLE   131,500 0 0
PARK OHIO HLDGS CORP COM COM 700666100 6,781 209,431 SH   SOLE   209,431 0 0
PARSLEY ENERGY INC CL A COM 701877102 849 44,000 SH   SOLE   21,800 0 22,200
PATRIOT TRAMSPORTATION HOLDING COM 70338W105 320 17,000 SH   SOLE   17,000 0 0
PATTERSON COMPANIES INC COM 703395103 2,258 103,331 SH   SOLE   51,118 0 52,213
PATTERSON-UTI ENERGY INC COM COM 703481101 2,884 205,725 SH   SOLE   97,579 0 108,146
PCRX 2 3/8 4/1/22 CONVERTIBLE BOND 695127AD2 295 300,000 PRN   SOLE   300,000 0 0
PCSB FINANCIAL CORPORATION COM COM 69324R104 333 17,000 SH   SOLE   17,000 0 0
PDC ENERGY INC COM 69327R101 313 7,700 SH   SOLE   3,800 0 3,900
PEAPACK-GLADSTONE FINL CORP CO COM 704699107 210 8,000 SH   SOLE   8,000 0 0
PEOPLES UNITED FINANCIAL INCCO COM 712704105 421 25,581 SH   SOLE   25,581 0 0
PFSWEB INC COM NEW COM 717098206 1,883 361,330 SH   SOLE   361,330 0 0
PIER 1 IMPORTS INC SHS BEN INT COM 720279108 115 150,000 SH   SOLE   150,000 0 0
PLANTRONICS COM 727493108 595 12,900 SH   SOLE   4,200 0 8,700
POWELL INDS INC COM COM 739128106 547 20,593 SH   SOLE   20,593 0 0
PREFORMED LINE PRODS CO COM COM 740444104 307 5,788 SH   SOLE   5,788 0 0
PRGX GLOBAL INC COM 69357C503 1,267 160,019 SH   SOLE   160,019 0 0
PRIMO WTR CORP COM COM 74165N105 203 13,121 SH   SOLE   13,121 0 0
PRO 2.000 06/01/47 CONVERTIBLE BOND 74346YAD5 532 500,000 PRN   SOLE   500,000 0 0
PROGENICS PHARMACEUTICALS INCO COM 743187106 46 10,000 SH   SOLE   10,000 0 0
PROGRESS SOFTWARE CORP COM COM 743312100 1,680 37,858 SH   SOLE   15,600 0 22,258
PROPETRO HLDG CORP COM COM 74347M108 570 25,300 SH   SOLE   13,900 0 11,400
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 1,278 158,000 SH   SOLE   158,000 0 0
Q2 HLDGS INC DTD 02/15/1 0.750 CONVERTIBLE BOND 74736LAB5 327 250,000 PRN   SOLE   250,000 0 0
QTS 6 1/2 SERIES B PERP CONVERTIBLE PREF 74736A301 543 5,000 SH   SOLE   5,000 0 0
QUIDEL CORP COM COM 74838J101 9,166 140,000 SH   SOLE   140,000 0 0
QUOT 1 3/4 12/1/22 CONVERTIBLE BOND 749119AB9 515 550,000 PRN   SOLE   550,000 0 0
RAVEN INDS INC COM COM 754212108 962 25,080 SH   SOLE   25,080 0 0
READING INTERNATIONAL INC CL B COM 755408200 1,878 74,359 SH   SOLE   74,359 0 0
READING INTL INC CL A COM 755408101 8,089 506,852 SH   SOLE   506,852 0 0
RENASANT CORP COM COM 75970E107 1,251 36,971 SH   SOLE   36,971 0 0
RGC RES INC COM COM 74955L103 1,666 62,850 SH   SOLE   62,850 0 0
RMBS 1 3/8 2/1/23 CONVERTIBLE BOND 750917AG1 474 508,000 PRN   SOLE   508,000 0 0
RNG 0 3/15/23 CONVERTIBLE BOND 76680RAD9 442 310,000 PRN   SOLE   310,000 0 0
RPC INC. COMMON COM 749660106 953 83,500 SH   SOLE   83,500 0 0
RTI BIOLOGICS INC COM COM 74975N105 397 66,000 SH   SOLE   66,000 0 0
RTRX 2 1/2 9/15/25 CONVERTIBLE BOND 761299AB2 233 250,000 PRN   SOLE   250,000 0 0
RUSH ENTERPRISES INC CL A COM 781846209 2,342 56,005 SH   SOLE   43,705 0 12,300
RUSH ENTERPRISES INC CL B COM 781846308 4,319 104,005 SH   SOLE   104,005 0 0
RYMAN HOSPITALITY PPTYS INC CO COM 78377T107 822 10,000 SH   SOLE   10,000 0 0
SAFEGUARD SCIENTIFICS INC COM COM 786449207 227 20,920 SH   SOLE   20,920 0 0
SALEM COMMUNICATIONS CORP DECL COM 794093104 1,405 550,000 SH   SOLE   550,000 0 0
SANDY SPRING BANCORP INC COM COM 800363103 719 23,000 SH   SOLE   23,000 0 0
SANFILIPPO JOHN B & SON INC CO COM 800422107 1,544 21,490 SH   SOLE   21,490 0 0
SANOFI-AVENTIS-CVR WARRANT AND RIGH 80105N113 180 400,000 SH   SOLE   400,000 0 0
SCHMITT INDS INC ORE COM NEW COM 806870200 1,659 700,000 SH   SOLE   700,000 0 0
SCIENTIFIC GAMES CORP CL A COM 80874P109 429 21,000 SH   SOLE   21,000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 18,514 881,600 SH   SOLE   881,600 0 0
SCTY 1 5/8 11/01/19 CONVERTIBLE BOND 83416TAC4 242 250,000 PRN   SOLE   250,000 0 0
SHENANDOAH TELECOMMUNICATIONCD COM 82312B106 13,042 294,000 SH   SOLE   294,000 0 0
SHILOH INDS INC COM COM 824543102 248 45,000 SH   SOLE   45,000 0 0
SI FINL GROUP INC MD COM COM 78425V104 134 10,342 SH   SOLE   10,342 0 0
SILVERCREST ASSET MGMT GROUPCL COM 828359109 1,211 85,000 SH   SOLE   85,000 0 0
SIMMONS 1ST NATL CORP CL A $1 COM 828730200 393 16,074 SH   SOLE   16,074 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 1,270 33,000 SH   SOLE   33,000 0 0
SJW GROUP COM 784305104 5,514 89,304 SH   SOLE   89,304 0 0
SKYLINE CHAMPION CORPORATION COM 830830105 1,957 103,000 SH   SOLE   103,000 0 0
SONIC AUTOMOTIVE INC CL A COM 83545G102 985 66,500 SH   SOLE   66,500 0 0
SOUTH JERSEY INDS INC CORP UNI UNITS 838518116 502 9,705 SH   SOLE   9,705 0 0
SOUTH ST CORP COM COM 840441109 219 3,200 SH   SOLE   3,200 0 0
SOUTHERN FIRST BANCSHARES INCO COM 842873101 1,980 58,459 SH   SOLE   58,459 0 0
SOUTHERN NATL BANCORP OF VA CO COM 843395104 938 64,000 SH   SOLE   64,000 0 0
SPWR 4 1/15/23 CONVERTIBLE BOND 867652AL3 412 500,000 PRN   SOLE   500,000 0 0
SRE 6 01/15/21 CONVERTIBLE PREF 816851406 374 3,535 SH   SOLE   3,535 0 0
STAMPS.COM INC (NEW) COM 852857200 212 2,600 SH   SOLE   1,500 0 1,100
STANDARD MTR PRODS INC CLASS A COM 853666105 2,800 57,028 SH   SOLE   57,028 0 0
STANDEX INTL CORP COM 854231107 2,055 28,000 SH   SOLE   28,000 0 0
STARRETT L S CO CL A COM 855668109 2,726 354,083 SH   SOLE   354,083 0 0
STEEL CONNECT INC COM 858098106 3,276 1,630,000 SH   SOLE   1,630,000 0 0
STEEL PARTNERS HLDGS L P COM 85814R107 8,851 640,000 SH   SOLE   640,000 0 0
STEELCASE INC CL A COM 858155203 721 49,580 SH   SOLE   25,580 0 24,000
STERLING BANCORP/DE COM 85917A100 3,139 168,509 SH   SOLE   152,109 0 16,400
STIFEL FINL CORP COM COM 860630102 978 18,532 SH   SOLE   6,500 0 12,032
STONERIDGE INC COM 86183P102 6,594 228,498 SH   SOLE   228,498 0 0
STRATASYS LTD SHS COM M85548101 381 16,000 SH   SOLE   16,000 0 0
STRATTEC SECURITY CORP. COM 863111100 5,475 186,339 SH   SOLE   186,339 0 0
SUNOPTA INC COM COM 8676EP108 728 210,545 SH   SOLE   210,545 0 0
SUPERIOR INDS INTL INC COM 868168105 2,138 449,067 SH   SOLE   449,067 0 0
SURMODICS INC COM COM 868873100 5,389 123,934 SH   SOLE   123,934 0 0
SVB FINL GROUP COM COM 78486Q101 232 1,045 SH   SOLE   148 0 897
SWITCH INC A COM 87105L104 392 38,000 SH   SOLE   15,500 0 22,500
SWK 5 3/8 5/15/20 CONVERTIBLE PREF 854502887 293 3,007 SH   SOLE   3,007 0 0
S&W SEED CO COM COM 785135104 1,327 495,000 SH   SOLE   495,000 0 0
TDOC 3.000 12/15/22 CONVERTIBLE BOND 87918AAB1 447 300,000 PRN   SOLE   300,000 0 0
TEAM INC COM COM 878155100 5,016 286,600 SH   SOLE   286,600 0 0
TEJON RANCH CO DEL COM COM 879080109 3,027 172,000 SH   SOLE   172,000 0 0
TENNANT CO COM 880345103 3,061 49,300 SH   SOLE   49,300 0 0
TENNECO INC COM 880349105 820 37,000 SH   SOLE   37,000 0 0
TER 1 1/4 12/15/23 CONVERTIBLE BOND 880770AG7 420 300,000 PRN   SOLE   300,000 0 0
TETRAPHASE PHARMACEUTICALS ICO COM 88165N105 59 44,000 SH   SOLE   44,000 0 0
THESTREET INC COM 88368Q103 163 70,000 SH   SOLE   70,000 0 0
TIMKENSTEEL CORP COM COM 887399103 3,432 316,000 SH   SOLE   316,000 0 0
TISI 5.000 08/01/23 CONVERTIBLE BOND 878155AE0 315 292,000 PRN   SOLE   292,000 0 0
TITAN INTL INC ILL COM COM 88830M102 213 35,600 SH   SOLE   35,600 0 0
TITAN MACHY INC COM COM 88830R101 2,387 153,435 SH   SOLE   153,435 0 0
TOWER INTL INC COM COM 891826109 703 33,425 SH   SOLE   33,425 0 0
TOWNSQUARE MEDIA INC CL A COM 892231101 864 150,989 SH   SOLE   150,989 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 1,061 116,100 SH   SOLE   116,100 0 0
TREDEGAR INDS INC COM 894650100 8,456 523,920 SH   SOLE   523,920 0 0
TREE 5/8 6/1/22 CONVERTIBLE BOND 52603BAA5 349 199,000 PRN   SOLE   199,000 0 0
TRIBUNE PUBG CO NEW COM COM 89609W107 319 27,057 SH   SOLE   27,057 0 0
TRINITY BIOTECH PLC SPON ADR N COM 896438306 371 130,000 SH   SOLE   130,000 0 0
TRINITY PL HLDGS INC COM COM 89656D101 220 55,023 SH   SOLE   55,023 0 0
TRISTATE CAP HLDGS INC COM COM 89678F100 204 10,000 SH   SOLE   10,000 0 0
TRUSTCO BK CORP N Y COM COM 898349105 599 77,200 SH   SOLE   77,200 0 0
TTM TECHNOLOGIES INC COM COM 87305R109 626 53,400 SH   SOLE   25,700 0 27,700
TUESDAY MORNING CORP COM NEW COM 899035505 193 91,000 SH   SOLE   91,000 0 0
TWIN DISC INC COM COM 901476101 8,035 482,554 SH   SOLE   482,554 0 0
TWIN RIVER WORLDWIDE HOLDINGS COM 90171V204 1,779 59,405 SH   SOLE   59,405 0 0
TYLER TECHNOLOGIES INC COM COM 902252105 695 3,400 SH   SOLE   3,400 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 1,625 157,000 SH   SOLE   157,000 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 835 81,300 SH   SOLE   81,300 0 0
UMPQUA HLDGS CORP COM COM 904214103 536 32,486 SH   SOLE   16,750 0 15,736
UNION BANKSHARES CORP NEW COM COM 90539J109 1,953 60,413 SH   SOLE   50,513 0 9,900
UNITED FINANCIAL BANCORP INC COM 910304104 2,955 205,900 SH   SOLE   168,800 0 37,100
UNITED GUARDIAN INC COM COM 910571108 1,538 80,301 SH   SOLE   80,301 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 443 130,000 SH   SOLE   130,000 0 0
UQM TECHNOLOGIES INC COM COM 903213106 413 250,000 SH   SOLE   250,000 0 0
UTAH MED PRODS INC COM COM 917488108 424 4,800 SH   SOLE   4,800 0 0
VALLEY NATL BANCORP COM COM 919794107 480 50,100 SH   SOLE   24,600 0 25,500
VALUE LINE INC COM 920437100 817 33,089 SH   SOLE   33,089 0 0
VERITEX HLDGS INC COM COM 923451108 3,004 124,030 SH   SOLE   107,830 0 16,200
VERSUM MATLS INC COM COM 92532W103 1,113 22,364 SH   SOLE   11,670 0 10,694
VIAD CORP COM NEW COM 92552R406 2,099 37,282 SH   SOLE   37,282 0 0
VICOR CORP COM COM 925815102 264 8,500 SH   SOLE   8,500 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 2,716 99,360 SH   SOLE   99,360 0 0
VITAMIN SHOPPE INC COM COM 92849E101 387 55,000 SH   SOLE   55,000 0 0
WABASH NATL CORP COM COM 929566107 949 70,000 SH   SOLE   70,000 0 0
WASHINGTON FED INC COM 938824109 940 32,550 SH   SOLE   14,000 0 18,550
WASHINGTON TR BANCORP COM COM 940610108 2,924 60,720 SH   SOLE   50,600 0 10,120
WATERSTONE FINL INC MD COM COM 94188P101 1,353 82,200 SH   SOLE   82,200 0 0
WEATHERFORD INTERNATIONAL PLC COM G48833100 489 700,000 SH   SOLE   700,000 0 0
WESTERN NEW ENGLAND BANCORP COM 958892101 828 89,760 SH   SOLE   89,760 0 0
WHITING PETE CORP NEW COM COM 966387409 240 9,200 SH   SOLE   4,400 0 4,800
WIDEOPENWEST INC COM COM 96758W101 364 40,000 SH   SOLE   40,000 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 166 23,000 SH   SOLE   23,000 0 0
WILLDAN GROUP INC COM COM 96924N100 1,335 36,000 SH   SOLE   36,000 0 0
WINNEBAGO INDS INC COM COM 974637100 3,184 102,200 SH   SOLE   80,700 0 21,500
WOODWARD INC COM 980745103 574 6,050 SH   SOLE   4,000 0 2,050
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 2,777 32,000 SH   SOLE   32,000 0 0
YORK WTR CO COM COM 987184108 1,555 45,307 SH   SOLE   45,307 0 0
ZAGG INC COM COM 98884U108 804 88,600 SH   SOLE   88,600 0 0