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
Aaron's Inc. COM PAR $0.50 002535300 3,061 67,430 SH   DFND   66,430 0 1,000
ADVANCE AUTO PARTS INC COM 00751Y106 7,092 49,783 SH   DFND   49,251 0 532
ATLAS AIR WORLDWIDE HLDGS IN COM NEW 049164205 4,303 100,000 SH   DFND   100,000 0 0
ACACIA RESH CORP ACACIA TCH COM 003881307 9,938 2,429,800 SH   DFND   2,429,800 0 0
ARGAN INC COM 04010E109 13,022 274,850 SH   DFND   265,500 0 9,350
A H BELO CORP COM CL A 001282102 2,661 1,538,025 SH   DFND   1,324,047 0 213,978
ALBIREO PHARMA INC COM 01345P106 3,974 150,000 SH   DFND   150,000 0 0
AMC NETWORKS INC CL A 00164V103 771 32,950 SH   DFND   25,000 0 7,950
AMERICAN HOMES 4 RENT CL A 02665T306 1,260 46,827 SH   DFND   46,827 0 0
ANGIODYNAMICS INC COM 03475V101 6,178 607,432 SH   DFND   604,582 0 2,850
SMITH A O CORP COM 831865209 1,152 24,446 SH   DFND   24,446 0 0
ARTISAN PARTNERS ASSET MGMT CL A 04316A108 4,830 148,625 SH   DFND   148,625 0 0
ACCURAY INC COM 004397105 7,182 3,537,900 SH   DFND   3,367,900 0 170,000
ASSOCIATED BANC CORP COM 045487105 16,734 1,223,258 SH   DFND   1,204,158 0 19,100
ASTEC INDS INC COM 046224101 5,478 118,289 SH   DFND   118,289 0 0
ATN INTL INC COM 00215F107 10,655 175,909 SH   DFND   175,909 0 0
AMERICAN VANGUARD CORP COM 030371108 10,994 799,014 SH   DFND   796,373 0 2,641
AVANOS MED INC COM 05350V106 7,567 257,484 SH   DFND   257,484 0 0
BARRETT BUSINESS SERVICES IN COM 068463108 8,480 159,600 SH   DFND   159,600 0 0
BUNGE LIMITED COM G16962105 6,103 148,373 SH   DFND   146,970 0 1,403
POPULAR INC COM NEW 733174700 1,420 38,210 SH   DFND   38,210 0 0
BRADY CORP CL A 104674106 4,827 103,090 SH   DFND   103,090 0 0
BERKSHIRE HATHAWY INC DEL CL B NEW 084670702 10,349 57,972 SH   DFND   57,098 0 874
BERRY PETE CORP COM 08579X101 6,313 1,307,017 SH   DFND   1,213,858 0 93,159
CAL MAINE FOODS INC COM NEW 128030202 8,314 186,915 SH   DFND   184,515 0 2,400
CALIX INC COM 13100M509 4,470 300,000 SH   DFND   300,000 0 0
CAPITAL CITY BK GROUP INC COM 139674105 11,252 537,075 SH   DFND   525,465 0 11,610
CROSS CTRY HEALTHCARE INC COM 227483104 4,972 807,086 SH   DFND   807,086 0 0
CENTURY CMNTYS INC COM 156504300 13,696 446,700 SH   DFND   430,200 0 16,500
CECO ENVIRONMENTAL CORP COM 125141101 3,625 550,000 SH   DFND   550,000 0 0
CHEMBIO DIAGNOSTICS INC COM NEW 163572209 894 275,000 SH   DFND   275,000 0 0
CENTURY BANCORP INC MASS CL A NON VTG 156432106 6,006 77,278 SH   DFND   75,248 0 2,030
Canadian Natl RY Co COM 136375102 5,721 64,592 SH   DFND   63,667 0 925
CAPITAL ONE FINL CORP COM 14040H105 2,313 36,958 SH   DFND   36,433 0 525
CABOT OIL & GAS CORP COM 127097103 3,891 226,498 SH   DFND   226,498 0 0
CYRUSONE INC COM 23283R100 2,906 39,951 SH   DFND   39,369 0 582
COWEN INC CL A New 223622606 9,440 582,350 SH   DFND   564,600 0 17,750
CISCO SYS INC COM 17275R102 8,366 179,376 SH   DFND   176,793 0 2,583
CARRIAGE SVCS INC COM 143905107 1,812 100,000 SH   DFND   100,000 0 0
COMMUNITY TR BANCORP INC COM 204149108 4,081 124,575 SH   DFND   122,775 0 1,800
CARETRUST REIT INC COM 14174T107 5,148 300,000 SH   DFND   300,000 0 0
CUBIC CORP COM 229669106 4,803 100,000 SH   DFND   100,000 0 0
Cutera Inc. COM 232109108 609 50,000 SH   DFND   50,000 0 0
CVS HEALTH CORP COM 126650100 5,229 80,486 SH   DFND   79,173 0 1,313
CPI AEROSTRUCTURES INC COM NEW 125919308 1,948 592,000 SH   DFND   558,400 0 33,600
Donaldson Company COM 257651109 5,512 118,480 SH   DFND   118,480 0 0
DISCOVER FINL SVCS COM 254709108 870 17,374 SH   DFND   17,374 0 0
DIGI INTL INC COM 253798102 1,748 150,000 SH   DFND   150,000 0 0
QUEST DIAGNOSTICS INC COM 74834L100 9,776 85,785 SH   DFND   84,743 0 1,042
D R HORTON INC COM 23331A109 637 11,496 SH   DFND   11,496 0 0
DICKS SPORTING GOODS INC COM 253393102 2,063 50,000 SH   DFND   50,000 0 0
WISDOMTREE TR INTL SMCAP DIV 97717W760 4,104 73,779 SH   DFND   73,779 0 0
DSP GROUP INC COM 23332B106 7,772 489,400 SH   DFND   489,400 0 0
DASAN ZHONE SOLUTIONS INC COM NEW 23305L206 3,572 400,000 SH   DFND   400,000 0 0
EBIX INC COM NEW 278715206 2,236 100,000 SH   DFND   100,000 0 0
ENCOMPASS HEALTH CORP COM 29261A100 836 13,493 SH   DFND   13,493 0 0
EASTMAN CHEMICAL CO COM 277432100 1,444 20,735 SH   DFND   20,735 0 0
ENERPAC TOOL GROUP CORP CL A COM 292765104 3,035 172,460 SH   DFND   172,460 0 0
EQUITY COMWLTH COM SH BEN INT 294628102 1,610 50,000 SH   DFND   50,000 0 0
ENERGY RECOVERY INC COM 29270J100 1,283 168,943 SH   DFND   168,943 0 0
EVOFEM BIOSCIENCES INC COM 30048L104 4,245 1,500,000 SH   DFND   1,500,000 0 0
EVERTEC INC COM 30040P103 8,023 285,511 SH   DFND   280,611 0 4,900
EXELON CORP COM 30161N101 9,970 274,725 SH   DFND   271,527 0 3,198
FIRSTCASH INC COM 33767D105 7,860 116,474 SH   DFND   115,974 0 500
Freeport-McMoRan Inc COM 35671D857 1,368 118,214 SH   DFND   118,214 0 0
FEDEX CORP COM 31428X106 5,568 39,707 SH   DFND   39,091 0 616
FIRSTENERGY CORP COM 337932107 1,231 31,745 SH   DFND   31,745 0 0
FIRST HORIZON NATL CORP COM 320517105 1,115 111,918 SH   DFND   111,918 0 0
FLOWSERVE CORP COM 34354P105 837 29,350 SH   DFND   29,350 0 0
FEDNAT HLDG CO COM 31431B109 3,598 325,000 SH   DFND   325,000 0 0
FORESTAR GROUP INC COM 346232101 1,269 84,142 SH   DFND   83,289 0 853
GLACIER BANCORP INC NEW COM 37637Q105 6,319 179,046 SH   DFND   179,046 0 0
GLATFELTER COM 377316104 8,525 531,150 SH   DFND   531,150 0 0
ACUSHNET HOLDINGS CORP COM 005098108 6,986 200,802 SH   DFND   200,802 0 0
Alphabet Inc. (Class A) CAP STK CL A 02079K305 7,114 5,017 SH   DFND   4,946 0 71
GORMAN RUPP CO COM 383082104 8,972 288,663 SH   DFND   286,278 0 2,385
U S GLOBAL INVS INC CL A 902952100 1,045 550,000 SH   DFND   550,000 0 0
GSI TECHNOLOGY COM 36241U106 3,888 541,500 SH   DFND   508,500 0 33,000
TRIPLE-S MGMT CORP CL B 896749108 10,394 546,469 SH   DFND   543,817 0 2,652
HAIN CELESTIAL GROUP INC COM 405217100 12,339 391,599 SH   DFND   391,599 0 0
HARVARD BIOSCIENCE INC COM 416906105 3,100 1,000,000 SH   DFND   1,000,000 0 0
HOLLY FRONTIER CORP COM 436106108 5,115 175,184 SH   DFND   173,002 0 2,182
HERITAGE FINL CORP WASH COM 42722X106 6,000 300,000 SH   DFND   300,000 0 0
Huntington Ingalls INDS Inc COM 446413106 3,819 21,884 SH   DFND   21,684 0 200
HILTON WORLDWIDE HLDGS INC COM 43300A203 1,735 23,626 SH   DFND   23,398 0 228
HOOKER FURNITURE CORP COM 439038100 1,248 64,153 SH   DFND   64,153 0 0
HERON THERAPEUTICS INC COM 427746102 5,516 375,000 SH   DFND   375,000 0 0
HUDSON GLOBAL INC COM NEW 443787205 3,482 395,658 SH   DFND   379,377 0 16,281
Heartland Express Inc COM 422347104 9,632 462,615 SH   DFND   462,615 0 0
HUMANA INC COM 444859102 669 1,726 SH   DFND   1,726 0 0
IAMGOLD CORP COM 450913108 4,059 1,027,500 SH   DFND   1,027,500 0 0
INTERDIGITAL INC COM 45867G101 8,470 149,564 SH   DFND   149,564 0 0
Intellicheck Inc COM NEW 45817G201 3,775 500,000 SH   DFND   500,000 0 0
FIRST INTERNET BANCORP COM 320557101 6,033 362,971 SH   DFND   341,871 0 21,100
INDEPENDENT BANK CORP MASS COM 453836108 8,635 128,708 SH   DFND   128,708 0 0
IDENTIV INC COM NEW 45170X205 3,060 600,000 SH   DFND   600,000 0 0
INTL PAPER CO COM 460146103 1,584 44,984 SH   DFND   44,984 0 0
INVESTORS REAL ESTATE TR SH BEN INT 461730509 2,820 40,000 SH   DFND   40,000 0 0
JAZZ PHARMACEUTICALS PLC SHS USD G50871105 8,827 80,000 SH   DFND   80,000 0 0
JOHNSON & JOHNSON COM 478160104 9,060 64,427 SH   DFND   63,494 0 933
KENNAMETAL INC COM 489170100 2,936 102,264 SH   DFND   102,264 0 0
KNOWLES CORP COM 49926D109 5,126 335,911 SH   DFND   335,911 0 0
KRATOS DEFENSE & SEC SOLUTIO COM NEW 50077B207 10,368 663,364 SH   DFND   663,364 0 0
KENNEDY-WILSON HOLDINGS INC COM 489398107 11,859 779,175 SH   DFND   769,675 0 9,500
LINCOLN ELEC HLDGS INC CL A 512816109 7,504 112,402 SH   DFND   112,402 0 0
LINCOLN EDL SVCS CORP COM 533900106 8,950 106,242 SH   DFND   105,152 0 1,090
LINDE PLC SHS G5494J103 1,548 7,296 SH   DFND   6,961 0 335
LINCOLN EDL SVCS CORP COM 533535100 12,779 3,276,709 SH   DFND   2,953,709 0 323,000
LIMELIGHT NEWTWORKS INC COM 53261M104 4,416 600,000 SH   DFND   600,000 0 0
LANDEC CORP COM 514766104 9,770 1,227,332 SH   DFND   1,167,832 0 59,500
GRAND CANYON ED INC COM 38526M106 2,535 28,005 SH   DFND   27,580 0 425
MANPOWERGROUP INC COM 56418H100 5,797 84,323 SH   DFND   83,373 0 950
MARCHEX INC CL B 56624R108 2,212 1,400,000 SH   DFND   1,400,000 0 0
M D C HLDGS INC COM 552676108 17,431 488,257 SH   DFND   475,557 0 12,700
Medtronic PLC SHS G5960L103 3,395 37,018 SH   DFND   36,471 0 547
MDU RES GROUP INC COM 552690109 9,516 429,041 SH   DFND   413,041 0 16,000
Trxade Group Inc. COM NEW 89846A207 1,800 300,000 SH   DFND   300,000 0 0
Methode Electrs Inc COM 591520200 3,223 103,095 SH   DFND   103,095 0 0
MOHAWK INDS INC COM 608190104 6,176 60,689 SH   DFND   60,064 0 625
MITEK SYS INC COM NEW 606710200 2,883 300,000 SH   DFND   300,000 0 0
MONMOUTH REAL ESTATE INVT CO CL A 609720107 6,474 446,780 SH   DFND   413,680 0 33,100
MOTORCAR PTS AMER INC COM 620071100 7,072 400,200 SH   DFND   400,200 0 0
MARTEN TRANS LTD COM 573075108 2,516 100,000 SH   DFND   100,000 0 0
MICRO STRATEGY INC CL A NEW 594972408 9,332 78,890 SH   DFND   78,890 0 0
MGIC INVT CORP WIS COM 552848103 13,348 1,629,800 SH   DFND   1,589,500 0 40,300
MATERION CORP COM 576690101 3,485 56,671 SH   DFND   56,671 0 0
NCR CORP NEW COM 62886E108 3,855 222,550 SH   DFND   206,450 0 16,100
NATIONAL FUEL GAS CO N J COM 636180101 4,627 110,350 SH   DFND   106,050 0 4,300
NATIONAL OILWELL VARCO INC COM 637071101 1,121 91,495 SH   DFND   91,495 0 0
NORTHWEST PIPE CO COM 667746101 9,990 398,475 SH   DFND   390,275 0 8,200
ORBITAL ENERGY GROUP INC COM 68559A109 876 1,415,000 SH   DFND   1,415,000 0 0
ORION ENERGY SYSTEMS INC COM 686275108 2,595 750,000 SH   DFND   750,000 0 0
OMNICOM GROUP INC COM 681919106 1,022 18,711 SH   DFND   18,711 0 0
ON SEMICONDUCTOR CORP COM 682189105 2,889 145,776 SH   DFND   144,480 0 1,296
OLD NATL BANCORP IND COM 680033107 5,104 370,952 SH   DFND   370,952 0 0
ORACLE CORP COM 68389X105 5,876 106,321 SH   DFND   104,789 0 1,532
OLD REP INTL CORP COM 680223104 8,592 526,815 SH   DFND   523,540 0 3,275
ONESPAN INC COM 68287N100 2,793 100,000 SH   DFND   100,000 0 0
Pacific Biosciences of CALIF IN COM 69404D108 1,725 500,000 SH   DFND   500,000 0 0
PHILBRO ANIMAL HEALTH CORP CL A COM 71742Q106 8,796 334,828 SH   DFND   334,828 0 0
POTLATCHDELTIC CORPORATION COM 737630103 15,828 416,200 SH   DFND   411,800 0 4,400
PATTERSON COS INC COM 703395103 6,707 304,850 SH   DFND   287,650 0 17,200
PERMA-FIX ENVIRONMENTAL SVCS COM NEW 714157203 8,866 1,387,530 SH   DFND   1,250,230 0 137,300
PARKER HANNIFIN CORP COM 701094104 965 5,265 SH   DFND   5,265 0 0
PHOTRONICS INC COM 719405102 3,837 344,751 SH   DFND   333,451 0 11,300
PNC FINL SVCS GROUP INC COM 693475105 5,614 53,358 SH   DFND   52,591 0 767
PENTAIR PLC COM G7S00T104 3,799 100,000 SH   DFND   100,000 0 0
PORTLAND GEN ELECTRIC CO COM NEW 736508847 11,849 283,400 SH   DFND   283,400 0 0
POWELL INDS INC COM 739128106 2,387 87,155 SH   DFND   87,155 0 0
PERRIGO CO PLC SHS G97822103 1,255 22,705 SH   DFND   22,705 0 0
PUBLIC STORAGE COM 74460D109 5,093 26,543 SH   DFND   26,268 0 275
PS BUSINESS PKS INC CALIF COM 69360J107 1,271 9,599 SH   DFND   9,599 0 0
PRETIUM RES INC COM 74139C102 9,761 1,162,050 SH   DFND   1,110,350 0 51,700
PIONEER NAT RES CO COM 723787107 1,458 14,928 SH   DFND   14,928 0 0
PIXELWORKS INC COM NEW 72581M305 3,634 1,125,000 SH   DFND   1,125,000 0 0
Quantum Corp COM NEW 747906501 3,088 800,000 SH   DFND   800,000 0 0
REGAL BELOIT CORP COM 758750103 1,681 19,246 SH   DFND   19,246 0 0
RENT A CTR INC NEW COM 76009N100 1,119 40,220 SH   DFND   40,220 0 0
RCM TECHNOLOGIES INC COM NEW 749360400 786 586,623 SH   DFND   586,623 0 0
RADIAN GROUP INC COM 750236101 12,491 805,330 SH   DFND   786,630 0 18,700
REINSURANCE GRP AMER INC COM NEW 759351604 1,983 25,277 SH   DFND   25,002 0 275
RYMAN HOSPITALITY PPTYS INC COM 78377T107 1,176 33,979 SH   DFND   33,979 0 0
B RILEY FINL INC COM 05580M108 7,521 345,612 SH   DFND   345,612 0 0
RAYMOND JAMES FINANCIAL INC COM 754730109 6,563 95,354 SH   DFND   94,379 0 975
SONIC AUTOMOTIVE INC CL A 83545G102 11,493 360,162 SH   DFND   360,162 0 0
SEACOAST BKG CORP FLA COM NEW 811707801 5,628 275,889 SH   DFND   275,889 0 0
SCHNITZER STL INDS CL A 806882106 6,164 349,441 SH   DFND   347,308 0 2,133
THE CHARLES SCHWAB CORPORATION COM 808513105 9,236 273,734 SH   DFND   270,659 0 3,075
SHYFT GROUP INC COM 825698103 8,420 500,000 SH   DFND   500,000 0 0
SEMTECH CORP COM 816850101 5,653 108,262 SH   DFND   108,262 0 0
SMTC Corp COM NEW 832682207 1,818 600,000 SH   DFND   600,000 0 0
SANOFI SPONSORED ADR 80105N105 5,084 99,591 SH   DFND   97,976 0 1,615
SPECTRUM BRANDS HLDGS INC NE COM 84790A105 8,031 174,963 SH   DFND   174,963 0 0
SPARK ENERGY INC CL A COM 846511103 4,421 625,250 SH   DFND   565,350 0 59,900
STERICYCLE INC COM 858912108 3,645 65,117 SH   DFND   64,542 0 575
STERLING CONSTRUCTION CO INC COM 859241101 2,356 225,000 SH   DFND   225,000 0 0
SUNCOR ENERGY INC NEW COM 867224107 6,217 368,726 SH   DFND   363,774 0 4,952
SKYWORKS SOLUTIONS INC COM 83088M102 8,816 68,950 SH   DFND   68,225 0 725
SENSIENT TECHNOLOGIES CORP COM 81725T100 9,720 186,354 SH   DFND   186,354 0 0
STOCK YDS BANCORP INC COM 861025104 10,291 256,002 SH   DFND   253,677 0 2,325
BANCORP INC DEL COM 05969A105 8,285 845,375 SH   DFND   812,675 0 32,700
TRICO BANCSHARES COM 896095106 11,489 377,320 SH   DFND   377,320 0 0
TRUIST FINL CORP COM 89832Q109 3,234 86,125 SH   DFND   84,916 0 1,209
Tecnoglass, Inc. SHS G87264100 1,908 350,000 SH   DFND   350,000 0 0
HANOVER INS GROUP INC COM 410867105 7,822 77,198 SH   DFND   77,198 0 0
THOR INDS INC COM 885160101 3,401 31,921 SH   DFND   31,621 0 300
TreeHouse Foods Inc COM 89469A104 9,926 226,613 SH   DFND   226,613 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 1,897 870,000 SH   DFND   870,000 0 0
TRISTATE CAP HLDGS INC COM 89678F100 7,523 478,850 SH   DFND   453,250 0 25,600
AMERCO COM 023586100 1,542 5,102 SH   DFND   5,102 0 0
UMB FINL CORP COM 902788108 14,540 282,056 SH   DFND   282,056 0 0
UNILEVER NV N Y SHS NEW 904784709 7,621 143,072 SH   DFND   140,957 0 2,115
VONAGE HLDGS CORP COM 92886T201 12,150 1,207,800 SH   DFND   1,170,300 0 37,500
VICOR CORP COM 925815102 5,208 72,377 SH   DFND   72,377 0 0
VISTRA ENERGY CORP COM 92840M102 16,457 883,850 SH   DFND   854,850 0 29,000
VISTA OUTDOOR INC COM 928377100 1,084 75,000 SH   DFND   75,000 0 0
VERIZON COMMUNICATIONS INC COM 92343V104 8,426 152,837 SH   DFND   150,602 0 2,235
WADDELL & REED FINL INC CL A 930059100 7,942 512,050 SH   DFND   481,600 0 30,450
WISDOMTREE INVTS INC COM 97717P104 1,735 500,000 SH   DFND   500,000 0 0
WESTROCK CO COM 96145D105 3,227 114,200 SH   DFND   108,700 0 5,500
WESTERN UN CO COM 959802109 983 45,450 SH   DFND   45,450 0 0
DENTSPLY SIRONA INC COM 24906P109 1,569 35,618 SH   DFND   35,618 0 0
ZAGG INC COM 98884U108 1,256 400,000 SH   DFND   400,000 0 0
ZOVIO INC COM 98979V102 8,690 2,839,900 SH   DFND   2,551,100 0 288,800