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 1,141 28,150 SH   SOLE   20,870 0 7,280
AEP Industries COM 001031103 2,641 45,420 SH   SOLE   35,590 0 9,830
AMN Healthcare COM 001744101 643 32,826 SH   SOLE   24,340 0 8,486
ARC Document Solutions COM 00191G103 2,555 249,990 SH   SOLE   195,930 0 54,060
AXT Inc COM 00246W103 1,686 602,140 SH   SOLE   472,000 0 130,140
Acacia Research Corp COM 003881307 992 58,546 SH   SOLE   43,410 0 15,136
Aeropostale COM 007865108 148 63,801 SH   SOLE   47,300 0 16,501
Agree Realty Corp COM 008492100 622 20,018 SH   SOLE   14,840 0 5,178
Almost Family Inc COM 020409108 2,807 96,960 SH   SOLE   76,000 0 20,960
Amedisys Inc COM 023436108 620 21,127 SH   SOLE   15,670 0 5,457
American Equity Investment Lif COM 025676206 711 24,358 SH   SOLE   18,060 0 6,298
American River Bankshares COM 029326105 2,312 245,396 SH   SOLE   192,326 0 53,070
American Software, Inc COM 029683109 458 50,284 SH   SOLE   37,290 0 12,994
Amtech Systems COM 032332504 2,163 212,100 SH   SOLE   166,230 0 45,870
Arctic Cat Inc COM 039670104 2,344 66,031 SH   SOLE   51,270 0 14,761
Banc of California Inc COM 05990K106 3,419 298,068 SH   SOLE   230,850 0 67,218
Bank of Commerce Hlds COM 06424J103 2,003 336,140 SH   SOLE   263,470 0 72,670
Barrett Business Services Inc COM 068463108 2,489 90,847 SH   SOLE   70,280 0 20,567
Basic Energy Services Inc COM 06985P100 492 70,117 SH   SOLE   51,980 0 18,137
Big 5 Sporting Goods Corp COM 08915P101 5,184 354,313 SH   SOLE   273,340 0 80,973
Blount International Inc COM 095180105 1,256 71,501 SH   SOLE   53,010 0 18,491
Blucora Inc COM 095229100 423 30,542 SH   SOLE   22,640 0 7,902
Boston Private Financial Holdi COM 101119105 546 40,555 SH   SOLE   30,060 0 10,495
Brown Shoe COM 115736100 1,444 44,929 SH   SOLE   33,310 0 11,619
Build A Bear Workshop COM 120076104 3,031 150,784 SH   SOLE   116,830 0 33,954
CAI International Inc COM 12477X106 1,408 60,710 SH   SOLE   45,010 0 15,700
CTS Corp COM 126501105 639 35,848 SH   SOLE   26,580 0 9,268
Care Trust REIT Inc COM 14174T107 634 51,417 SH   SOLE   38,008 0 13,410
Christopher & Banks Corp COM 171046105 3,289 576,008 SH   SOLE   443,160 0 132,848
Citi Trends Inc COM 17306X102 1,414 55,987 SH   SOLE   41,520 0 14,467
Cohu Inc COM 192576106 2,545 213,850 SH   SOLE   167,600 0 46,250
Columbia Banking System Inc COM 197236102 597 21,610 SH   SOLE   16,020 0 5,590
Columbus McKinnon Corp COM 199333105 2,860 102,010 SH   SOLE   78,830 0 23,180
Comfort Systems USA Inc COM 199908104 624 36,441 SH   SOLE   27,010 0 9,431
Computer Task Group Inc COM 205477102 640 67,171 SH   SOLE   49,800 0 17,371
Crocs Inc COM 227046109 282 22,571 SH   SOLE   16,730 0 5,841
Cross Country Healthcare COM 227483104 3,329 266,710 SH   SOLE   209,070 0 57,640
Customers Bancorp COM 23204G100 744 38,213 SH   SOLE   28,330 0 9,883
Cynosure, Inc COM 232577205 1,999 72,910 SH   SOLE   57,140 0 15,770
Datalink Corp COM 237934104 3,817 295,930 SH   SOLE   231,930 0 64,000
Donegal Group Inc COM 257701201 493 30,861 SH   SOLE   22,877 0 7,984
Dot Hill Systems Co COM 25848T109 3,311 749,030 SH   SOLE   587,040 0 161,990
Douglas Dynamics Inc COM 25960R105 487 22,706 SH   SOLE   16,830 0 5,876
EMC Insurance Group, Inc COM 268664109 483 13,609 SH   SOLE   10,090 0 3,519
EPlus Inc COM 294268107 858 11,330 SH   SOLE   8,400 0 2,930
Earthlink Holdings COM 27033X101 695 158,280 SH   SOLE   117,350 0 40,930
Electro Rent Corp COM 285218103 2,072 147,560 SH   SOLE   115,670 0 31,890
Ennis Inc COM 293389102 801 59,440 SH   SOLE   44,070 0 15,370
Ensign Group Inc COM 29358P101 984 22,165 SH   SOLE   16,440 0 5,725
Federal Signal Corp COM 313855108 950 61,547 SH   SOLE   45,630 0 15,917
Finish Line Inc COM 317923100 855 35,172 SH   SOLE   26,080 0 9,092
First Financial Corp COM 320218100 517 14,510 SH   SOLE   10,750 0 3,760
First Interstate Bancsystem cl COM 32055Y201 797 28,637 SH   SOLE   21,230 0 7,407
First Security Group Inc COM 336312202 604 267,420 SH   SOLE   209,590 0 57,830
GSI Group Inc COM 36191C205 1,005 68,260 SH   SOLE   50,612 0 17,648
Global Power Equipment COM 37941P306 436 31,590 SH   SOLE   23,420 0 8,170
Gordmans Stores COM 38269P100 2,028 742,710 SH   SOLE   582,090 0 160,620
Great Southern Bancorp Inc COM 390905107 1,042 26,257 SH   SOLE   19,477 0 6,780
Greatbatch Inc COM 39153L106 773 15,677 SH   SOLE   11,630 0 4,047
Hallmark Financial Services In COM 40624Q203 3,876 320,568 SH   SOLE   248,690 0 71,878
Hanger Inc COM 41043F208 424 19,381 SH   SOLE   14,360 0 5,021
Hardinge Inc COM 412324303 2,384 199,959 SH   SOLE   156,719 0 43,240
Heidrick & Struggles Internati COM 422819102 2,266 98,310 SH   SOLE   76,140 0 22,170
Helen of Troy Corp COM G4388N106 961 14,765 SH   SOLE   10,940 0 3,825
Heritage Financial COM 42722X106 487 27,753 SH   SOLE   20,577 0 7,176
Houston Wire & Cable Co COM 44244K109 453 37,940 SH   SOLE   28,140 0 9,800
Hurco Companies Inc COM 447324104 2,576 75,555 SH   SOLE   59,210 0 16,345
ICU Medical, Inc COM 44930G107 823 10,043 SH   SOLE   7,450 0 2,593
InnerWorkings COM 45773Y105 2,472 317,358 SH   SOLE   246,000 0 71,358
Insight Enterprises Inc COM 45765U103 931 35,965 SH   SOLE   26,670 0 9,295
Insteel Industries Inc COM 45774W108 2,190 92,860 SH   SOLE   72,840 0 20,020
Integrated Silicon Solution In COM 45812P107 4,357 262,943 SH   SOLE   203,100 0 59,843
Intevac Inc COM 461148108 587 75,604 SH   SOLE   56,060 0 19,544
Intralinks Holdings COM 46118H104 857 72,057 SH   SOLE   53,420 0 18,637
Invacare COM 461203101 302 18,001 SH   SOLE   13,350 0 4,651
JMP Group LLC COM 46629U107 2,057 269,913 SH   SOLE   211,533 0 58,380
K12 Inc COM 48273U102 181 15,263 SH   SOLE   11,320 0 3,943
KMG Chemicals Inc COM 482564101 2,773 138,650 SH   SOLE   108,700 0 29,950
Kirkland's Inc COM 497498105 1,602 67,753 SH   SOLE   50,230 0 17,523
Kratos Defense & Security Solu COM 50077B207 341 68,023 SH   SOLE   50,450 0 17,573
LSI Industries Inc COM 50216C108 367 54,042 SH   SOLE   40,070 0 13,972
Landec Corp COM 514766104 3,988 288,748 SH   SOLE   223,338 0 65,410
Libbey Inc COM 529898108 1,305 41,508 SH   SOLE   30,780 0 10,728
Lifetime Brands Inc COM 53222Q103 3,815 221,804 SH   SOLE   171,975 0 49,829
MCG Capital Corp COM 58047P107 2,548 665,370 SH   SOLE   512,346 0 153,024
MagicJack VocalTec Ltd COM M6787E101 1,444 177,880 SH   SOLE   139,400 0 38,480
Maiden Holdings, Ltd COM G5753U112 1,168 91,283 SH   SOLE   67,680 0 23,603
Manitex International Inc COM 563420108 1,408 110,750 SH   SOLE   86,800 0 23,950
Matrix Service Co COM 576853105 678 30,356 SH   SOLE   22,510 0 7,846
Meadowbrook Insurance Group In COM 58319P108 950 112,315 SH   SOLE   83,279 0 29,036
Medifast Inc COM 58470H101 3,228 96,226 SH   SOLE   74,490 0 21,736
Multi-Color Corp COM 625383104 1,504 27,144 SH   SOLE   20,120 0 7,024
NN Inc COM 629337106 2,868 139,489 SH   SOLE   107,330 0 32,159
Natural Gas Services Group Inc COM 63886Q109 1,568 68,040 SH   SOLE   53,330 0 14,710
Netgear Inc COM 64111Q104 561 15,771 SH   SOLE   11,710 0 4,061
New York & Company Inc COM 649295102 1,421 538,204 SH   SOLE   416,902 0 121,302
Newpark Resources Inc COM 651718504 794 83,270 SH   SOLE   61,740 0 21,530
Northrim BanCorp Inc COM 666762109 2,148 81,871 SH   SOLE   64,168 0 17,703
OmniVision Technologies COM 682128103 645 24,794 SH   SOLE   18,410 0 6,384
Orrstown Financial Services COM 687380105 1,921 112,990 SH   SOLE   88,550 0 24,440
PAM Transportation Services, I COM 693149106 4,087 78,848 SH   SOLE   61,798 0 17,050
PAR Technology Corp COM 698884103 1,211 196,840 SH   SOLE   154,260 0 42,580
PC Connection COM 69318J100 3,494 142,324 SH   SOLE   110,280 0 32,044
PCM Inc COM 69323K100 2,051 215,400 SH   SOLE   168,810 0 46,590
Pacific Continental Corp COM 69412V108 3,184 224,544 SH   SOLE   173,560 0 50,984
Pacific Mercantile Bancorp COM 694552100 2,701 383,679 SH   SOLE   300,979 0 82,700
Park Sterling Corp COM 70086Y105 4,108 558,868 SH   SOLE   433,060 0 125,808
Parkway Properties, Inc. COM 70159Q104 1,161 63,145 SH   SOLE   46,817 0 16,328
Patrick Industries COM 703343103 4,648 105,675 SH   SOLE   81,440 0 24,235
PetroQuest Energy Inc COM 716748108 566 151,287 SH   SOLE   112,170 0 39,117
PhotoMedex COM 719358301 362 236,802 SH   SOLE   185,712 0 51,090
Photronics Inc COM 719405102 614 73,925 SH   SOLE   54,820 0 19,105
Pier 1 Imports COM 720279108 1,095 71,101 SH   SOLE   52,720 0 18,381
PowerSecure International, Inc COM 73936N105 1,876 161,056 SH   SOLE   124,530 0 36,526
Premier Financial Bancorp COM 74050M105 2,702 173,446 SH   SOLE   135,936 0 37,510
Premiere Global Services Inc COM 740585104 665 62,592 SH   SOLE   46,410 0 16,182
QLogic Corp COM 747277101 1,103 82,822 SH   SOLE   61,410 0 21,412
RPX Corporation COM 74972G103 791 57,422 SH   SOLE   42,570 0 14,852
Rocky Brands, Inc COM 774515100 2,171 161,750 SH   SOLE   126,830 0 34,920
Rubicon Technology COM 78112T107 1,457 318,810 SH   SOLE   249,860 0 68,950
Rudolph Technologies Inc COM 781270103 3,979 388,910 SH   SOLE   300,740 0 88,170
SP Plus Corp COM 78469C103 925 36,644 SH   SOLE   27,180 0 9,464
Sabra Health Care Reit COM 78573L106 664 21,876 SH   SOLE   16,210 0 5,666
Scholastic COM 807066105 462 12,699 SH   SOLE   9,430 0 3,269
Silicon Image COM 82705T102 661 119,742 SH   SOLE   88,790 0 30,952
Spartan Motors Inc COM 846819100 3,016 573,308 SH   SOLE   443,620 0 129,688
SpartanNash Co COM 847215100 721 27,566 SH   SOLE   20,432 0 7,134
Standex International Corp COM 854231107 563 7,286 SH   SOLE   5,410 0 1,876
Sterling Construction Co Inc COM 859241101 1,853 289,918 SH   SOLE   224,650 0 65,268
Suffolk Bancorp COM 864739107 2,097 92,320 SH   SOLE   72,350 0 19,970
Super Micro Computer, Inc COM 86800U104 1,275 36,540 SH   SOLE   27,090 0 9,450
Sykes Enterprises COM 871237103 954 40,662 SH   SOLE   30,150 0 10,512
Synergetics USA COM 87160G107 2,272 522,350 SH   SOLE   409,390 0 112,960
Telecommunication Systems Inc COM 87929J103 3,112 997,570 SH   SOLE   781,840 0 215,730
The Children's Place Inc COM 168905107 735 12,903 SH   SOLE   9,560 0 3,343
The Hackett Group, Inc COM 404609109 2,944 334,871 SH   SOLE   260,142 0 74,729
Town Sports International COM 89214A102 1,197 201,180 SH   SOLE   157,670 0 43,510
Twin Disc Inc COM 901476101 2,119 106,710 SH   SOLE   82,650 0 24,060
Ultra Clean Holdings COM 90385V107 4,327 466,311 SH   SOLE   361,170 0 105,141
Universal Electronics Inc COM 913483103 865 13,307 SH   SOLE   9,860 0 3,447
Univest Corp of Pennsylvania COM 915271100 705 34,842 SH   SOLE   25,830 0 9,012
Wabash National Corp COM 929566107 1,303 105,400 SH   SOLE   78,140 0 27,260
Warren Resources Inc COM 93564A100 350 217,664 SH   SOLE   161,380 0 56,284
Web.com Group, Inc COM 94733A104 559 29,455 SH   SOLE   21,840 0 7,615
Weight Watchers International COM 948626106 286 11,510 SH   SOLE   8,540 0 2,970
Western Alliance Bancorp COM 957638109 485 17,463 SH   SOLE   12,950 0 4,513
Xcerra Corp COM 98400J108 1,135 123,932 SH   SOLE   91,890 0 32,042
ZAGG Inc COM 98884U108 2,935 432,280 SH   SOLE   338,830 0 93,450