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
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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 1,010 27,940 SH   SOLE   20,790 0 7,150
AEP Industries COM 001031103 1,231 32,510 SH   SOLE   24,130 0 8,380
AMN Healthcare COM 001744101 360 22,936 SH   SOLE   17,100 0 5,836
ARC Document Solutions COM 00191G103 2,423 299,100 SH   SOLE   222,080 0 77,020
AXT Inc COM 00246W103 1,045 428,420 SH   SOLE   318,120 0 110,300
Acacia Research Corp COM 003881307 820 52,996 SH   SOLE   39,430 0 13,566
Aeropostale COM 007865108 209 63,421 SH   SOLE   47,190 0 16,231
Agree Realty Corp COM 008492100 463 16,928 SH   SOLE   12,630 0 4,298
Almost Family Inc COM 020409108 2,020 74,340 SH   SOLE   55,190 0 19,150
Amedisys Inc COM 023436108 421 20,897 SH   SOLE   15,590 0 5,307
American Equity Investment Lif COM 025676206 550 24,048 SH   SOLE   17,950 0 6,098
American River Bankshares COM 029326105 1,860 203,266 SH   SOLE   150,956 0 52,310
American Software, Inc COM 029683109 438 49,684 SH   SOLE   37,100 0 12,584
Amtech Systems COM 032332504 1,888 176,450 SH   SOLE   131,080 0 45,370
Arctic Cat Inc COM 039670104 1,996 57,311 SH   SOLE   42,520 0 14,791
Banc of California Inc COM 05990K106 3,013 259,048 SH   SOLE   192,440 0 66,608
Bank of Commerce Hlds COM 06424J103 1,725 280,910 SH   SOLE   208,570 0 72,340
Barrett Business Services Inc COM 068463108 2,376 60,157 SH   SOLE   44,690 0 15,467
Basic Energy Services Inc COM 06985P100 908 41,867 SH   SOLE   31,140 0 10,727
Big 5 Sporting Goods Corp COM 08915P101 2,637 281,423 SH   SOLE   209,100 0 72,323
Blount International Inc COM 095180105 1,074 71,001 SH   SOLE   52,820 0 18,181
Blucora Inc COM 095229100 253 16,622 SH   SOLE   12,380 0 4,242
Bolt Technology Corp COM 097698104 2,722 124,085 SH   SOLE   92,155 0 31,930
Boston Private Financial Holdi COM 101119105 500 40,375 SH   SOLE   30,050 0 10,325
Brown Shoe COM 115736100 1,210 44,609 SH   SOLE   33,190 0 11,419
Build A Bear Workshop COM 120076104 2,730 208,704 SH   SOLE   155,110 0 53,594
CAI International Inc COM 12477X106 1,081 55,850 SH   SOLE   41,560 0 14,290
CTS Corp COM 126501105 566 35,598 SH   SOLE   26,480 0 9,118
Care Trust REIT Inc COM 14174T107 289 20,176 SH   SOLE   15,060 0 5,116
Christopher & Banks Corp COM 171046105 5,241 529,958 SH   SOLE   393,900 0 136,058
Citi Trends Inc COM 17306X102 1,640 74,187 SH   SOLE   55,180 0 19,007
Cohu Inc COM 192576106 1,993 166,540 SH   SOLE   123,660 0 42,880
Columbia Banking System Inc COM 197236102 529 21,340 SH   SOLE   15,920 0 5,420
Columbus McKinnon Corp COM 199333105 1,961 89,160 SH   SOLE   66,270 0 22,890
Comfort Systems USA Inc COM 199908104 491 36,271 SH   SOLE   26,970 0 9,301
Computer Task Group Inc COM 205477102 448 40,391 SH   SOLE   30,040 0 10,351
Crocs Inc COM 227046109 281 22,311 SH   SOLE   16,630 0 5,681
Cross Country Healthcare COM 227483104 1,884 202,820 SH   SOLE   150,670 0 52,150
Customers Bancorp COM 23204G100 681 37,913 SH   SOLE   28,210 0 9,703
Cynosure, Inc COM 232577205 1,274 60,690 SH   SOLE   45,100 0 15,590
Datalink Corp COM 237934104 2,617 246,220 SH   SOLE   182,780 0 63,440
Donegal Group Inc COM 257701201 472 30,751 SH   SOLE   22,867 0 7,884
Dot Hill Systems Co COM 25848T109 2,354 622,870 SH   SOLE   462,710 0 160,160
Douglas Dynamics Inc COM 25960R105 438 22,456 SH   SOLE   16,760 0 5,696
EMC Insurance Group, Inc COM 268664109 388 13,449 SH   SOLE   10,040 0 3,409
EPlus Inc COM 294268107 566 10,090 SH   SOLE   7,500 0 2,590
Earthlink Holdings COM 27033X101 467 136,600 SH   SOLE   101,830 0 34,770
Electro Rent Corp COM 285218103 1,474 107,060 SH   SOLE   79,500 0 27,560
Ennis Inc COM 293389102 705 53,560 SH   SOLE   39,910 0 13,650
Ensign Group Inc COM 29358P101 705 20,265 SH   SOLE   15,070 0 5,195
Federal Signal Corp COM 313855108 809 61,107 SH   SOLE   45,460 0 15,647
Finish Line Inc COM 317923100 758 30,272 SH   SOLE   22,510 0 7,762
First Interstate Bancsystem cl COM 32055Y201 755 28,417 SH   SOLE   21,140 0 7,277
GSI Group Inc COM 36191C205 779 67,760 SH   SOLE   50,422 0 17,338
Global Power Equipment COM 37941P306 468 31,380 SH   SOLE   23,370 0 8,010
Gordmans Stores COM 38269P100 1,740 508,840 SH   SOLE   377,890 0 130,950
Great Southern Bancorp Inc COM 390905107 789 26,017 SH   SOLE   19,377 0 6,640
Greatbatch Inc COM 39153L106 666 15,637 SH   SOLE   11,620 0 4,017
Hallmark Financial Services In COM 40624Q203 2,878 279,118 SH   SOLE   207,510 0 71,608
Hanger Inc COM 41043F208 672 32,761 SH   SOLE   24,390 0 8,371
Hardinge Inc COM 412324303 1,824 166,759 SH   SOLE   123,819 0 42,940
Heidrick & Struggles Internati COM 422819102 1,762 85,770 SH   SOLE   63,690 0 22,080
Helen of Troy Corp COM G4388N106 770 14,655 SH   SOLE   10,900 0 3,755
Heritage Financial COM 42722X106 435 27,453 SH   SOLE   20,467 0 6,986
Houston Wire & Cable Co COM 44244K109 452 37,700 SH   SOLE   28,080 0 9,620
Hudson Valley Holding Corp COM 444172100 673 37,066 SH   SOLE   27,573 0 9,493
Hurco Companies Inc COM 447324104 2,374 63,025 SH   SOLE   46,790 0 16,235
ICU Medical, Inc COM 44930G107 641 9,993 SH   SOLE   7,430 0 2,563
InnerWorkings COM 45773Y105 1,922 237,618 SH   SOLE   176,690 0 60,928
Insight Enterprises Inc COM 45765U103 734 32,415 SH   SOLE   24,100 0 8,315
Insteel Industries Inc COM 45774W108 1,595 77,560 SH   SOLE   57,570 0 19,990
Integrated Silicon Solution In COM 45812P107 3,610 262,703 SH   SOLE   195,190 0 67,513
Intevac Inc COM 461148108 499 74,814 SH   SOLE   55,800 0 19,014
Intralinks Holdings COM 46118H104 580 71,577 SH   SOLE   53,270 0 18,307
Invacare COM 461203101 210 17,811 SH   SOLE   13,280 0 4,531
JMP Group Inc COM 46629U107 1,410 224,933 SH   SOLE   167,003 0 57,930
K12 Inc COM 48273U102 242 15,183 SH   SOLE   11,330 0 3,853
KMG Chemicals Inc COM 482564101 1,884 115,700 SH   SOLE   85,910 0 29,790
Kirkland's Inc COM 497498105 1,083 67,253 SH   SOLE   50,040 0 17,213
Kratos Defense & Security Solu COM 50077B207 444 67,743 SH   SOLE   50,380 0 17,363
LSI Industries Inc COM 50216C108 327 53,852 SH   SOLE   40,020 0 13,832
Landec Corp COM 514766104 3,524 287,690 SH   SOLE   213,690 0 74,000
Libbey Inc COM 529898108 1,083 41,238 SH   SOLE   30,680 0 10,558
Lifetime Brands Inc COM 53222Q103 2,758 180,154 SH   SOLE   133,905 0 46,249
MCG Capital Corp COM 58047P107 416 118,160 SH   SOLE   87,546 0 30,614
Maiden Holdings, Ltd COM G5753U112 1,004 90,633 SH   SOLE   67,420 0 23,213
Matrix Service Co COM 576853105 630 26,136 SH   SOLE   19,440 0 6,696
Meadowbrook Insurance Group In COM 58319P108 650 111,115 SH   SOLE   82,829 0 28,286
Medifast Inc COM 58470H101 2,747 83,666 SH   SOLE   62,160 0 21,506
Multi-Color Corp COM 625383104 1,323 29,094 SH   SOLE   21,640 0 7,454
NN Inc COM 629337106 3,300 123,499 SH   SOLE   91,780 0 31,719
Natural Gas Services Group Inc COM 63886Q109 1,191 49,470 SH   SOLE   36,730 0 12,740
Natus Medical COM 639050103 1,019 34,534 SH   SOLE   25,650 0 8,884
Netgear Inc COM 64111Q104 491 15,721 SH   SOLE   11,700 0 4,021
New York & Company Inc COM 649295102 1,420 468,604 SH   SOLE   348,092 0 120,512
Newpark Resources Inc COM 651718504 1,028 82,640 SH   SOLE   61,490 0 21,150
Northrim BanCorp Inc COM 666762109 1,803 68,221 SH   SOLE   50,668 0 17,553
OmniVision Technologies COM 682128103 652 24,654 SH   SOLE   18,350 0 6,304
Orrstown Financial Services COM 687380105 1,538 94,320 SH   SOLE   70,030 0 24,290
PAM Transportation Services, I COM 693149106 2,880 79,458 SH   SOLE   58,988 0 20,470
PAR Technology Corp COM 698884103 789 161,030 SH   SOLE   119,670 0 41,360
PC Connection COM 69318J100 2,956 137,664 SH   SOLE   102,290 0 35,374
PCM Inc COM 69323K100 1,625 166,290 SH   SOLE   123,520 0 42,770
Pacific Continental Corp COM 69412V108 2,510 195,344 SH   SOLE   145,140 0 50,204
Pacific Mercantile Bancorp COM 694552100 2,052 294,429 SH   SOLE   218,809 0 75,620
Park Sterling Corp COM 70086Y105 2,900 437,428 SH   SOLE   324,980 0 112,448
Parkway Properties, Inc. COM 70159Q104 1,177 62,685 SH   SOLE   46,637 0 16,048
Patrick Industries COM 703343103 3,953 93,325 SH   SOLE   69,330 0 23,995
PetroQuest Energy Inc COM 716748108 844 150,217 SH   SOLE   111,760 0 38,457
PhotoMedex COM 719358301 1,576 254,116 SH   SOLE   188,862 0 65,254
Photronics Inc COM 719405102 588 73,035 SH   SOLE   54,480 0 18,555
Pier 1 Imports COM 720279108 516 43,431 SH   SOLE   32,330 0 11,101
PowerSecure International, Inc COM 73936N105 1,344 140,296 SH   SOLE   104,340 0 35,956
Premier Financial Bancorp COM 74050M105 1,883 128,646 SH   SOLE   95,516 0 33,130
Premiere Global Services Inc COM 740585104 655 54,692 SH   SOLE   40,710 0 13,982
QLogic Corp COM 747277101 753 82,222 SH   SOLE   61,170 0 21,052
RPX Corporation COM 74972G103 367 26,702 SH   SOLE   19,870 0 6,832
Rocky Brands, Inc COM 774515100 2,391 169,702 SH   SOLE   126,138 0 43,564
Rubicon Technology COM 78112T107 776 182,540 SH   SOLE   135,520 0 47,020
Rudolph Technologies Inc COM 781270103 2,889 319,230 SH   SOLE   237,130 0 82,100
SP Plus Corp COM 78469C103 622 32,804 SH   SOLE   24,420 0 8,384
Sabra Health Care Reit COM 78573L106 464 19,086 SH   SOLE   14,180 0 4,906
Scholastic COM 807066105 415 12,829 SH   SOLE   9,490 0 3,339
Silicon Image COM 82705T102 601 119,202 SH   SOLE   88,630 0 30,572
Spansion Cl A COM 84649R200 1,250 54,842 SH   SOLE   40,790 0 14,052
Spartan Motors Inc COM 846819100 2,333 499,468 SH   SOLE   371,150 0 128,318
SpartanNash Co COM 847215100 531 27,276 SH   SOLE   20,332 0 6,944
Standex International Corp COM 854231107 537 7,246 SH   SOLE   5,390 0 1,856
Sterling Construction Co Inc COM 859241101 1,700 221,648 SH   SOLE   164,690 0 56,958
Suffolk Bancorp COM 864739107 1,488 76,650 SH   SOLE   56,960 0 19,690
Super Micro Computer, Inc COM 86800U104 1,482 50,360 SH   SOLE   37,500 0 12,860
Sykes Enterprises COM 871237103 741 37,102 SH   SOLE   27,580 0 9,522
Synergetics USA COM 87160G107 1,485 435,630 SH   SOLE   323,450 0 112,180
Telecommunication Systems Inc COM 87929J103 2,312 828,620 SH   SOLE   615,370 0 213,250
The Children's Place Inc COM 168905107 479 10,043 SH   SOLE   7,480 0 2,563
The Hackett Group, Inc COM 404609109 2,507 420,651 SH   SOLE   312,632 0 108,019
Town Sports International COM 89214A102 1,123 167,620 SH   SOLE   124,490 0 43,130
Twin Disc Inc COM 901476101 2,361 87,590 SH   SOLE   65,010 0 22,580
Ultra Clean Holdings COM 90385V107 3,258 364,051 SH   SOLE   270,410 0 93,641
Universal Electronics Inc COM 913483103 745 15,097 SH   SOLE   11,240 0 3,857
Univest Corp of Pennsylvania COM 915271100 648 34,572 SH   SOLE   25,730 0 8,842
Wabash National Corp COM 929566107 1,394 104,650 SH   SOLE   77,860 0 26,790
Warren Resources Inc COM 93564A100 1,145 216,084 SH   SOLE   160,760 0 55,324
Web.com Group, Inc COM 94733A104 505 25,295 SH   SOLE   18,810 0 6,485
Western Alliance Bancorp COM 957638109 414 17,333 SH   SOLE   12,900 0 4,433
Wet Seal Inc COM 961840105 126 239,430 SH   SOLE   178,650 0 60,780
Xcerra Corp COM 98400J108 1,119 114,322 SH   SOLE   85,040 0 29,282
ZAGG Inc COM 98884U108 2,017 361,470 SH   SOLE   268,350 0 93,120