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
A. Schulman Inc COM 808194104 549 22,496 SH   SOLE   22,496 0 0
AEP Industries COM 001031103 2,624 32,614 SH   SOLE   25,930 0 6,684
AMN Healthcare COM 001744101 447 11,190 SH   SOLE   11,190 0 0
ARC Document Solutions COM 00191G103 1,978 508,410 SH   SOLE   404,140 0 104,270
AXT Inc COM 00246W103 1,990 623,790 SH   SOLE   496,150 0 127,640
Acacia Research Corp COM 003881307 3,183 723,480 SH   SOLE   602,370 0 121,110
Almost Family Inc COM 020409108 2,343 54,980 SH   SOLE   43,700 0 11,280
Altisource Residential Corp RE COM 02153W100 369 40,180 SH   SOLE   40,180 0 0
American Equity Investment Lif COM 025676206 362 25,390 SH   SOLE   25,390 0 0
American River Bankshares COM 029326105 2,608 254,086 SH   SOLE   202,106 0 51,980
American Software, Inc COM 029683109 569 54,290 SH   SOLE   54,290 0 0
Amtech Systems COM 032332504 1,831 306,715 SH   SOLE   243,820 0 62,895
Arctic Cat Inc COM 039670104 1,117 65,680 SH   SOLE   54,180 0 11,500
Atlantic Capital Bank COM 048269203 2,140 147,975 SH   SOLE   117,611 0 30,364
BG Staffing COM 05544A109 2,185 115,460 SH   SOLE   91,780 0 23,680
Bank of Commerce Hlds COM 06424J103 2,482 376,070 SH   SOLE   298,920 0 77,150
Barrett Business Services Inc COM 068463108 5,293 128,090 SH   SOLE   107,240 0 20,850
Basic Energy Services Inc COM 06985P100 94 55,920 SH   SOLE   55,920 0 0
Big 5 Sporting Goods Corp COM 08915P101 3,998 431,290 SH   SOLE   368,160 0 63,130
Blucora Inc COM 095229100 465 44,930 SH   SOLE   44,930 0 0
BofI HOLDING, INC. COM 05566U108 1,212 68,420 SH   SOLE   68,420 0 0
Build A Bear Workshop COM 120076104 3,478 259,130 SH   SOLE   213,580 0 45,550
CAI International Inc COM 12477X106 2,413 321,710 SH   SOLE   269,990 0 51,720
CB Financial Services COM 12479G101 843 39,570 SH   SOLE   31,470 0 8,100
CRH Medical COM 12626F105 1,985 507,720 SH   SOLE   431,860 0 75,860
CTS Corp COM 126501105 514 28,710 SH   SOLE   28,710 0 0
Caleres Inc COM 129500104 996 41,150 SH   SOLE   41,150 0 0
Care Trust REIT Inc COM 14174T107 568 41,187 SH   SOLE   41,187 0 0
Children's Place Inc COM 168905107 828 10,330 SH   SOLE   10,330 0 0
Citi Trends Inc COM 17306X102 1,002 64,540 SH   SOLE   64,540 0 0
Cohu Inc COM 192576106 2,403 221,470 SH   SOLE   176,130 0 45,340
Columbus McKinnon Corp COM 199333105 1,948 137,670 SH   SOLE   115,430 0 22,240
Comfort Systems USA Inc COM 199908104 954 29,280 SH   SOLE   29,280 0 0
Computer Task Group Inc COM 205477102 387 77,960 SH   SOLE   77,960 0 0
Conifer Holdings Inc COM 20731J102 2,136 307,710 SH   SOLE   244,580 0 63,130
ConnectOne Bancorp COM 20786W107 548 34,940 SH   SOLE   34,940 0 0
Cra Intl Inc COM 12618T105 3,221 127,730 SH   SOLE   101,500 0 26,230
Customers Bancorp COM 23204G100 899 35,790 SH   SOLE   35,790 0 0
DXP Enterprises, Inc COM 233377407 252 16,880 SH   SOLE   16,880 0 0
Daktronics, Inc COM 234264109 439 70,160 SH   SOLE   70,160 0 0
Datalink Corp COM 237934104 3,470 462,600 SH   SOLE   367,800 0 94,800
DeVry Education Group Inc COM 251893103 493 27,640 SH   SOLE   27,640 0 0
Donegal Group Inc COM 257701201 407 24,686 SH   SOLE   24,686 0 0
Douglas Dynamics Inc COM 25960R105 468 18,170 SH   SOLE   18,170 0 0
Dynamic Materials COM 267888105 3,131 291,250 SH   SOLE   231,530 0 59,720
EPlus Inc COM 294268107 740 9,050 SH   SOLE   9,050 0 0
Earthlink Holdings COM 27033X101 655 102,370 SH   SOLE   102,370 0 0
Electro Rent Corp COM 285218103 2,851 184,990 SH   SOLE   147,140 0 37,850
Ennis Inc COM 293389102 913 47,620 SH   SOLE   47,620 0 0
Ensign Group Inc COM 29358P101 745 35,460 SH   SOLE   35,460 0 0
FS Bancorp COM 30263Y104 1,069 42,180 SH   SOLE   33,540 0 8,640
Farmers National Banc Corp COM 309627107 2,110 239,770 SH   SOLE   190,600 0 49,170
Federal Signal Corp COM 313855108 634 49,260 SH   SOLE   49,260 0 0
Finish Line Inc COM 317923100 568 28,130 SH   SOLE   28,130 0 0
First Bancshares Inc COM 318916103 940 54,421 SH   SOLE   43,271 0 11,150
First Financial Corp COM 320218100 512 13,980 SH   SOLE   13,980 0 0
First Interstate Bancsystem cl COM 32055Y201 645 22,960 SH   SOLE   22,960 0 0
FormFactor COM 346375108 420 46,680 SH   SOLE   46,680 0 0
Francesca's Holdings Corp COM 351793104 179 16,240 SH   SOLE   16,240 0 0
GigPeak Inc COM 37518Q109 2,946 1,503,180 SH   SOLE   1,194,840 0 308,340
Gordmans Stores COM 38269P100 940 728,425 SH   SOLE   579,130 0 149,295
Greenight Capital Cl A COM G4095J109 477 23,670 SH   SOLE   23,670 0 0
Hallmark Financial Services In COM 40624Q203 131 11,290 SH   SOLE   9,440 0 1,850
Hanger Inc COM 41043F208 308 41,480 SH   SOLE   41,480 0 0
Hardinge Inc COM 412324303 2,461 244,629 SH   SOLE   194,549 0 50,080
Heritage Financial COM 42722X106 392 22,289 SH   SOLE   22,289 0 0
Hibbett Sports Inc COM 428567101 450 12,930 SH   SOLE   12,930 0 0
Homestreet Inc COM 43785V102 547 27,450 SH   SOLE   27,450 0 0
Horizon Bancorp COM 440407104 2,402 95,528 SH   SOLE   75,928 0 19,600
Houston Wire & Cable Co COM 44244K109 350 66,710 SH   SOLE   66,710 0 0
Hurco Companies Inc COM 447324104 2,177 78,208 SH   SOLE   62,200 0 16,008
InnerWorkings COM 45773Y105 3,620 437,720 SH   SOLE   363,070 0 74,650
Insight Enterprises Inc COM 45765U103 748 28,780 SH   SOLE   28,780 0 0
Insteel Industries Inc COM 45774W108 1,417 49,563 SH   SOLE   39,400 0 10,163
Intevac Inc COM 461148108 506 89,010 SH   SOLE   89,010 0 0
Intralinks Holdings COM 46118H104 365 56,080 SH   SOLE   56,080 0 0
Invacare COM 461203101 380 31,340 SH   SOLE   31,340 0 0
KMG Chemicals Inc COM 482564101 1,598 61,479 SH   SOLE   48,870 0 12,609
Kirkland's Inc COM 497498105 795 54,180 SH   SOLE   54,180 0 0
Kratos Defense & Security Solu COM 50077B207 222 54,220 SH   SOLE   54,220 0 0
Lakeland Bancorp COM 511637100 535 47,010 SH   SOLE   47,010 0 0
Landec Corp COM 514766104 3,034 281,948 SH   SOLE   235,668 0 46,280
Libbey Inc COM 529898108 526 33,100 SH   SOLE   33,100 0 0
Lifetime Brands Inc COM 53222Q103 3,436 235,495 SH   SOLE   194,495 0 41,000
MagicJack VocalTec Ltd COM M6787E101 2,803 445,630 SH   SOLE   354,200 0 91,430
Maiden Holdings, Ltd COM G5753U112 894 73,080 SH   SOLE   73,080 0 0
Manitex International Inc COM 563420108 2,381 343,622 SH   SOLE   273,160 0 70,462
Matrix Service Co COM 576853105 402 24,350 SH   SOLE   24,350 0 0
Medifast Inc COM 58470H101 3,144 94,510 SH   SOLE   78,780 0 15,730
Meta Financial Group COM 59100U108 2,599 51,000 SH   SOLE   40,540 0 10,460
MidSouth Bancorp Inc COM 598039105 2,330 232,050 SH   SOLE   184,470 0 47,580
Multi-Color Corp COM 625383104 812 12,810 SH   SOLE   12,810 0 0
NN Inc COM 629337106 2,821 201,650 SH   SOLE   168,020 0 33,630
NV5 Global Inc COM 62945V109 3,783 133,000 SH   SOLE   110,860 0 22,140
Natural Gas Services Group Inc COM 63886Q109 2,141 93,510 SH   SOLE   74,330 0 19,180
Netgear Inc COM 64111Q104 602 12,660 SH   SOLE   12,660 0 0
Newpark Resources Inc COM 651718504 539 93,030 SH   SOLE   93,030 0 0
Northrim BanCorp Inc COM 666762109 1,606 61,098 SH   SOLE   48,558 0 12,540
Northwest Pipe COM 667746101 2,334 216,510 SH   SOLE   172,120 0 44,390
Novanta Inc COM 67000B104 828 54,652 SH   SOLE   54,652 0 0
Ocwen Financial Corp COM 675746309 197 115,450 SH   SOLE   115,450 0 0
Orrstown Financial Services COM 687380105 2,111 116,980 SH   SOLE   93,020 0 23,960
PAM Transportation Services, I COM 693149106 1,209 76,098 SH   SOLE   60,408 0 15,690
PC Connection COM 69318J100 3,444 144,690 SH   SOLE   120,860 0 23,830
PCM Inc COM 69323K100 2,533 227,340 SH   SOLE   180,790 0 46,550
PRA Group COM 69354N106 571 23,660 SH   SOLE   23,660 0 0
Pacific Continental Corp COM 69412V108 3,445 219,260 SH   SOLE   183,790 0 35,470
Pacific Mercantile Bancorp COM 694552100 2,821 397,329 SH   SOLE   316,129 0 81,200
Park Sterling Corp COM 70086Y105 3,901 550,200 SH   SOLE   456,520 0 93,680
Pennantpark Floating Rate Capi COM 70806A106 2,587 208,653 SH   SOLE   175,279 0 33,374
People's Utah Bancorp COM 712706209 2,395 144,261 SH   SOLE   114,670 0 29,591
Perry Ellis International COM 288853104 499 24,820 SH   SOLE   24,820 0 0
Photronics Inc COM 719405102 812 91,100 SH   SOLE   91,100 0 0
Pier 1 Imports COM 720279108 377 73,380 SH   SOLE   73,380 0 0
Premier Financial Bancorp COM 74050M105 3,019 179,186 SH   SOLE   142,466 0 36,720
ProFire Energy COM 74316X101 1,252 1,127,690 SH   SOLE   894,670 0 233,020
QLogic Corp COM 747277101 877 59,510 SH   SOLE   59,510 0 0
Quantum Corp COM 747906204 1,080 2,571,360 SH   SOLE   2,044,140 0 527,220
RPX Corporation COM 74972G103 422 45,990 SH   SOLE   45,990 0 0
RadiSys Corp COM 750459109 4,481 1,000,290 SH   SOLE   795,200 0 205,090
Resources Connection COM 76122Q105 466 31,550 SH   SOLE   31,550 0 0
Rocky Brands, Inc COM 774515100 1,927 168,700 SH   SOLE   134,120 0 34,580
Rudolph Technologies Inc COM 781270103 4,221 271,820 SH   SOLE   227,520 0 44,300
SP Plus Corp COM 78469C103 660 29,250 SH   SOLE   29,250 0 0
Sabra Health Care Reit COM 78573L106 468 22,670 SH   SOLE   22,670 0 0
Scholastic COM 807066105 539 13,600 SH   SOLE   13,600 0 0
Spartan Motors Inc COM 846819100 2,640 421,710 SH   SOLE   351,910 0 69,800
SpartanNash Co COM 847215100 676 22,106 SH   SOLE   22,106 0 0
Stage Stores Inc COM 85254C305 1,456 298,450 SH   SOLE   247,870 0 50,580
Standard Motor COM 853666105 725 18,220 SH   SOLE   18,220 0 0
Standex International Corp COM 854231107 477 5,770 SH   SOLE   5,770 0 0
Sterling Construction Co Inc COM 859241101 2,330 474,530 SH   SOLE   395,490 0 79,040
Suffolk Bancorp COM 864739107 1,845 58,920 SH   SOLE   46,820 0 12,100
Super Micro Computer, Inc COM 86800U104 1,133 45,610 SH   SOLE   45,610 0 0
Sykes Enterprises COM 871237103 942 32,520 SH   SOLE   32,520 0 0
TAL International Grp COM 874083108 565 42,110 SH   SOLE   42,110 0 0
Texas Capital Bancshares Inc COM 88224Q107 444 9,490 SH   SOLE   9,490 0 0
Textainer Group Holdings COM G8766E109 553 49,600 SH   SOLE   49,600 0 0
Third Point Reinsurrance Ltd COM G8827U100 515 43,980 SH   SOLE   43,980 0 0
TrueBlue Inc COM 89785X101 385 20,350 SH   SOLE   20,350 0 0
Twin Disc Inc COM 901476101 2,622 244,120 SH   SOLE   202,760 0 41,360
Ultra Clean Holdings COM 90385V107 3,596 631,915 SH   SOLE   523,790 0 108,125
Unique Fabricating COM 90915J103 1,267 94,630 SH   SOLE   75,220 0 19,410
Universal Electronics Inc COM 913483103 784 10,840 SH   SOLE   10,840 0 0
Univest Corp of Pennsylvania COM 915271100 587 27,940 SH   SOLE   27,940 0 0
Wabash National Corp COM 929566107 1,072 84,400 SH   SOLE   84,400 0 0
Web.com Group, Inc COM 94733A104 703 38,680 SH   SOLE   38,680 0 0
Xcerra Corp COM 98400J108 735 127,790 SH   SOLE   127,790 0 0
ZAGG Inc COM 98884U108 2,687 511,810 SH   SOLE   406,840 0 104,970
integer Holdings Corp COM 45826H109 548 17,720 SH   SOLE   17,720 0 0