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 1,123 25,695 SH   SOLE   22,466 0 3,229
AEP Industries COM 001031103 2,561 46,400 SH   SOLE   36,650 0 9,750
AMN Healthcare COM 001744101 946 29,956 SH   SOLE   26,190 0 3,766
ARC Document Solutions COM 00191G103 1,944 255,460 SH   SOLE   201,810 0 53,650
AXT Inc COM 00246W103 1,550 615,200 SH   SOLE   486,080 0 129,120
Acacia Research Corp COM 003881307 831 94,704 SH   SOLE   82,830 0 11,874
Aeropostale COM 007865108 94 58,201 SH   SOLE   50,880 0 7,321
Agree Realty Corp REIT COM 008492100 533 18,270 SH   SOLE   15,970 0 2,300
Almost Family Inc COM 020409108 1,482 37,140 SH   SOLE   29,340 0 7,800
Altisource Residential Corp RE COM 02153W100 534 31,700 SH   SOLE   27,730 0 3,970
Amedisys Inc COM 023436108 766 19,290 SH   SOLE   16,860 0 2,430
American Equity Investment Lif COM 025676206 599 22,215 SH   SOLE   19,420 0 2,795
American River Bankshares COM 029326105 2,337 250,706 SH   SOLE   198,056 0 52,650
American Software, Inc COM 029683109 436 45,859 SH   SOLE   40,090 0 5,769
Amtech Systems COM 032332504 2,738 263,570 SH   SOLE   208,250 0 55,320
Arctic Cat Inc COM 039670104 2,199 66,201 SH   SOLE   53,220 0 12,981
Banc of California Inc COM 05990K106 4,089 297,367 SH   SOLE   239,990 0 57,377
Bank of Commerce Hlds COM 06424J103 1,968 343,480 SH   SOLE   271,370 0 72,110
Barrett Business Services Inc COM 068463108 4,604 126,755 SH   SOLE   102,360 0 24,395
Basic Energy Services Inc COM 06985P100 483 63,962 SH   SOLE   55,920 0 8,042
Big 5 Sporting Goods Corp COM 08915P101 4,984 350,716 SH   SOLE   285,050 0 65,666
Blount International Inc COM 095180105 712 65,223 SH   SOLE   57,020 0 8,203
Blucora Inc COM 095229100 450 27,869 SH   SOLE   24,370 0 3,499
Boston Private Financial Holdi COM 101119105 496 36,996 SH   SOLE   32,340 0 4,656
Build A Bear Workshop COM 120076104 2,408 150,624 SH   SOLE   121,370 0 29,254
CAI International Inc COM 12477X106 1,209 58,718 SH   SOLE   51,340 0 7,378
CTS Corp COM 126501105 630 32,707 SH   SOLE   28,590 0 4,117
Caleres Inc COM 129500104 1,304 41,023 SH   SOLE   35,870 0 5,153
Care Trust REIT Inc COM 14174T107 594 46,868 SH   SOLE   40,987 0 5,881
Christopher & Banks Corp COM 171046105 2,556 637,466 SH   SOLE   521,200 0 116,266
Citi Trends Inc COM 17306X102 1,237 51,129 SH   SOLE   44,700 0 6,429
Cohu Inc COM 192576106 2,891 218,490 SH   SOLE   172,600 0 45,890
Columbia Banking System Inc COM 197236102 642 19,722 SH   SOLE   17,240 0 2,482
Columbus McKinnon Corp COM 199333105 2,534 101,356 SH   SOLE   82,120 0 19,236
Comfort Systems USA Inc COM 199908104 763 33,258 SH   SOLE   29,080 0 4,178
Computer Task Group Inc COM 205477102 684 88,613 SH   SOLE   77,500 0 11,113
Crocs Inc COM 227046109 303 20,591 SH   SOLE   18,000 0 2,591
Cross Country Healthcare COM 227483104 3,455 272,500 SH   SOLE   215,310 0 57,190
Customers Bancorp COM 23204G100 938 34,874 SH   SOLE   30,490 0 4,384
Cynosure, Inc COM 232577205 1,940 50,290 SH   SOLE   39,720 0 10,570
Datalink Corp COM 237934104 3,256 364,260 SH   SOLE   287,740 0 76,520
Donegal Group Inc COM 257701201 428 28,109 SH   SOLE   24,576 0 3,533
Dot Hill Systems Co COM 25848T109 3,653 596,900 SH   SOLE   471,510 0 125,390
Douglas Dynamics Inc COM 25960R105 444 20,689 SH   SOLE   18,090 0 2,599
Dynamic Materials COM 267888105 993 90,300 SH   SOLE   71,340 0 18,960
EMC Insurance Group, Inc COM 268664109 467 18,617 SH   SOLE   16,275 0 2,342
EPlus Inc COM 294268107 792 10,330 SH   SOLE   9,030 0 1,300
Earthlink Holdings COM 27033X101 1,082 144,466 SH   SOLE   126,310 0 18,156
Electro Rent Corp COM 285218103 1,983 182,560 SH   SOLE   144,230 0 38,330
Ennis Inc COM 293389102 1,008 54,240 SH   SOLE   47,420 0 6,820
Ensign Group Inc COM 29358P101 1,033 20,238 SH   SOLE   17,690 0 2,548
Federal Signal Corp COM 313855108 837 56,134 SH   SOLE   49,070 0 7,064
Finish Line Inc COM 317923100 893 32,101 SH   SOLE   28,060 0 4,041
First Financial Corp COM 320218100 473 13,230 SH   SOLE   11,570 0 1,660
First Interstate Bancsystem cl COM 32055Y201 725 26,139 SH   SOLE   22,850 0 3,289
First Security Group Inc COM 336312202 1,344 548,370 SH   SOLE   433,140 0 115,230
GSI Group Inc COM 36191C205 936 62,277 SH   SOLE   54,442 0 7,835
Global Power Equipment COM 37941P306 224 28,822 SH   SOLE   25,200 0 3,622
Gordmans Stores COM 38269P100 4,272 696,860 SH   SOLE   550,520 0 146,340
Great Southern Bancorp Inc COM 390905107 848 20,116 SH   SOLE   17,597 0 2,519
Greatbatch Inc COM 39153L106 771 14,305 SH   SOLE   12,510 0 1,795
Hackett Group, Inc COM 404609109 2,141 159,446 SH   SOLE   126,721 0 32,725
Hallmark Financial Services In COM 40624Q203 3,651 320,794 SH   SOLE   258,170 0 62,624
Hanger Inc COM 41043F208 415 17,696 SH   SOLE   15,470 0 2,226
Hardinge Inc COM 412324303 2,378 241,389 SH   SOLE   190,689 0 50,700
Heidrick & Struggles Internati COM 422819102 2,557 98,048 SH   SOLE   79,130 0 18,918
Helen of Troy Corp COM G4388N106 1,314 13,476 SH   SOLE   11,780 0 1,696
Heritage Financial COM 42722X106 452 25,313 SH   SOLE   22,129 0 3,184
Houston Wire & Cable Co COM 44244K109 605 61,038 SH   SOLE   53,380 0 7,658
Hurco Companies Inc COM 447324104 2,672 77,195 SH   SOLE   60,980 0 16,215
ICU Medical, Inc COM 44930G107 878 9,175 SH   SOLE   8,020 0 1,155
InnerWorkings COM 45773Y105 2,960 443,704 SH   SOLE   357,620 0 86,084
Insight Enterprises Inc COM 45765U103 981 32,805 SH   SOLE   28,680 0 4,125
Insteel Industries Inc COM 45774W108 1,986 106,220 SH   SOLE   83,910 0 22,310
Integrated Silicon Solution In COM 45812P107 4,376 197,662 SH   SOLE   160,590 0 37,072
Intevac Inc COM 461148108 403 68,942 SH   SOLE   60,270 0 8,672
Intralinks Holdings COM 46118H104 612 51,393 SH   SOLE   44,200 0 7,193
Invacare COM 461203101 537 24,813 SH   SOLE   21,690 0 3,123
JMP Group LLC COM 46629U107 2,151 275,823 SH   SOLE   217,893 0 57,930
K12 Inc COM 48273U102 176 13,920 SH   SOLE   12,160 0 1,760
KMG Chemicals Inc COM 482564101 2,116 83,180 SH   SOLE   65,710 0 17,470
Kirkland's Inc COM 497498105 1,724 61,856 SH   SOLE   54,080 0 7,776
Kratos Defense & Security Solu COM 50077B207 391 62,013 SH   SOLE   54,220 0 7,793
LSI Industries Inc COM 50216C108 461 49,331 SH   SOLE   43,130 0 6,201
Landec Corp COM 514766104 4,147 287,364 SH   SOLE   232,418 0 54,946
Libbey Inc COM 529898108 1,566 37,879 SH   SOLE   33,120 0 4,759
Lifetime Brands Inc COM 53222Q103 3,523 238,498 SH   SOLE   191,825 0 46,673
MCG Capital Corp COM 58047P107 2,471 541,883 SH   SOLE   441,819 0 100,064
MagicJack VocalTec Ltd COM M6787E101 2,276 306,370 SH   SOLE   241,960 0 64,410
Maiden Holdings, Ltd COM G5753U112 1,315 83,307 SH   SOLE   72,840 0 10,467
Manitex International Inc COM 563420108 1,611 210,840 SH   SOLE   166,590 0 44,250
Matrix Service Co COM 576853105 507 27,716 SH   SOLE   24,230 0 3,486
Medifast Inc COM 58470H101 3,100 95,922 SH   SOLE   77,470 0 18,452
MidSouth Bancorp Inc COM 598039105 635 41,631 SH   SOLE   32,881 0 8,750
Multi-Color Corp COM 625383104 1,260 19,721 SH   SOLE   17,250 0 2,471
NN Inc COM 629337106 3,507 137,422 SH   SOLE   112,180 0 25,242
NV5 Holdings COM 62945V109 1,018 41,970 SH   SOLE   33,170 0 8,800
Natural Gas Services Group Inc COM 63886Q109 1,586 69,490 SH   SOLE   54,900 0 14,590
Netgear Inc COM 64111Q104 432 14,383 SH   SOLE   12,570 0 1,813
New York & Company Inc COM 649295102 1,439 536,983 SH   SOLE   433,432 0 103,551
Newpark Resources Inc COM 651718504 618 76,002 SH   SOLE   66,450 0 9,552
Northrim BanCorp Inc COM 666762109 2,488 97,061 SH   SOLE   76,668 0 20,393
Ocwen Financial Corp COM 675746309 313 30,720 SH   SOLE   26,860 0 3,860
OmniVision Technologies COM 682128103 592 22,613 SH   SOLE   19,770 0 2,843
Orrstown Financial Services COM 687380105 1,868 115,450 SH   SOLE   91,200 0 24,250
PAM Transportation Services, I COM 693149106 4,381 75,468 SH   SOLE   59,548 0 15,920
PAR Technology Corp COM 698884103 796 162,219 SH   SOLE   128,049 0 34,170
PC Connection COM 69318J100 3,516 142,127 SH   SOLE   114,590 0 27,537
PCM Inc COM 69323K100 2,207 220,070 SH   SOLE   173,840 0 46,230
Pacific Continental Corp COM 69412V108 3,020 223,171 SH   SOLE   180,700 0 42,471
Pacific Mercantile Bancorp COM 694552100 2,975 392,019 SH   SOLE   309,899 0 82,120
Park Sterling Corp COM 70086Y105 4,019 558,141 SH   SOLE   449,910 0 108,231
Parkway Properties, Inc. REIT COM 70159Q104 1,005 57,620 SH   SOLE   50,380 0 7,240
Patrick Industries COM 703343103 2,742 72,072 SH   SOLE   58,610 0 13,462
People's Utah Bancorp COM 712706209 1,240 73,040 SH   SOLE   57,700 0 15,340
PetroQuest Energy Inc COM 716748108 273 138,024 SH   SOLE   120,670 0 17,354
PhotoMedex COM 719358301 329 242,042 SH   SOLE   191,272 0 50,770
Photronics Inc COM 719405102 641 67,424 SH   SOLE   58,940 0 8,484
Pier 1 Imports COM 720279108 819 64,863 SH   SOLE   56,710 0 8,153
PowerSecure International, Inc COM 73936N105 2,364 160,139 SH   SOLE   129,610 0 30,529
Premier Financial Bancorp COM 74050M105 2,738 177,216 SH   SOLE   139,996 0 37,220
Premiere Global Services Inc COM 740585104 713 69,248 SH   SOLE   60,560 0 8,688
ProFire Energy COM 74316X101 782 697,920 SH   SOLE   551,330 0 146,590
QLogic Corp COM 747277101 1,073 75,588 SH   SOLE   66,090 0 9,498
RPX Corporation COM 74972G103 885 52,379 SH   SOLE   45,790 0 6,589
RadiSys Corp COM 750459109 1,410 550,920 SH   SOLE   435,280 0 115,640
Rocky Brands, Inc COM 774515100 3,117 166,700 SH   SOLE   131,680 0 35,020
Rubicon Technology COM 78112T107 792 325,750 SH   SOLE   257,330 0 68,420
Rudolph Technologies Inc COM 781270103 4,647 386,960 SH   SOLE   313,070 0 73,890
SP Plus Corp COM 78469C103 873 33,423 SH   SOLE   29,220 0 4,203
Sabra Health Care Reit COM 78573L106 514 19,954 SH   SOLE   17,450 0 2,504
Scholastic COM 807066105 512 11,602 SH   SOLE   10,140 0 1,462
Spartan Motors Inc COM 846819100 2,615 570,944 SH   SOLE   461,400 0 109,544
SpartanNash Co COM 847215100 819 25,167 SH   SOLE   22,006 0 3,161
Standard Motor COM 853666105 374 10,640 SH   SOLE   9,310 0 1,330
Standex International Corp COM 854231107 530 6,636 SH   SOLE   5,800 0 836
Sterling Construction Co Inc COM 859241101 1,158 289,547 SH   SOLE   233,540 0 56,007
Suffolk Bancorp COM 864739107 2,421 94,360 SH   SOLE   74,530 0 19,830
Super Micro Computer, Inc COM 86800U104 987 33,375 SH   SOLE   29,180 0 4,195
Sykes Enterprises COM 871237103 900 37,104 SH   SOLE   32,440 0 4,664
Synergetics USA COM 87160G107 2,508 533,630 SH   SOLE   421,570 0 112,060
Telecommunication Systems Inc COM 87929J103 3,374 1,019,210 SH   SOLE   805,170 0 214,040
Textainer Group Holdings COM G8766E109 551 21,190 SH   SOLE   18,530 0 2,660
The Children's Place Inc COM 168905107 769 11,755 SH   SOLE   10,280 0 1,475
Town Sports International COM 89214A102 596 205,560 SH   SOLE   162,390 0 43,170
Twin Disc Inc COM 901476101 1,986 106,522 SH   SOLE   85,900 0 20,622
Ultra Clean Holdings COM 90385V107 3,302 530,048 SH   SOLE   426,570 0 103,478
Universal Electronics Inc COM 913483103 605 12,131 SH   SOLE   10,610 0 1,521
Univest Corp of Pennsylvania COM 915271100 647 31,780 SH   SOLE   27,780 0 4,000
Wabash National Corp COM 929566107 1,206 96,190 SH   SOLE   84,100 0 12,090
Warren Resources Inc COM 93564A100 91 198,565 SH   SOLE   173,600 0 24,965
Web.com Group, Inc COM 94733A104 729 30,093 SH   SOLE   26,320 0 3,773
Western Alliance Bancorp COM 957638109 537 15,909 SH   SOLE   13,910 0 1,999
Xcerra Corp COM 98400J108 925 122,246 SH   SOLE   106,880 0 15,366
ZAGG Inc COM 98884U108 3,091 390,320 SH   SOLE   308,300 0 82,020