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
ADTALEM GLOBAL ED INC COM 00737L103 2,208 61,586 SH   SOLE   0 0 61,586
BIOPHARMX CORP COM 09072X101 17 58,027 SH   SOLE   58,027 0 0
CUSTOMERS BANCORP INC COM 23204G100 11,738 359,826 SH   SOLE   10,000 0 349,826
ENOVA INTL INC COM 29357K103 4,947 367,804 SH   SOLE   26,946 0 340,858
FIRSTCASH INC COM 33767D105 9,443 149,527 SH   SOLE   24,738 0 124,789
ISHARES U S ETF TR SHT MAT BD ETF 46431W507 2,683 53,350 SH   SOLE   0 0 53,350
VANECK VECTORS ETF TR PFD SECS EX FINL 92189F429 452 22,500 SH   SOLE   0 0 22,500
UNIQUE FABRICATING INC COM 90915J103 1,469 173,900 SH   SOLE   113,325 0 60,575
VOLT INFORMATION SCIENCES IN COM 928703107 2,262 718,243 SH   SOLE   45,346 0 672,897
AEGION CORP COM 00770F104 8,575 368,347 SH   SOLE   79,750 0 288,597
ANDERSONS INC COM 034164103 4,302 125,604 SH   SOLE   0 0 125,604
APPLIANCE RECYCLING CTRS AME COM NEW 03814F205 15 15,000 SH   SOLE   15,000 0 0
ASV HLDGS INC COM 00215L104 2,846 350,000 SH   SOLE   0 0 350,000
BANK COMM HLDGS COM 06424J103 904 78,650 SH   SOLE   65,000 0 13,650
BALDWIN & LYONS INC CL B 057755209 4,587 203,399 SH   SOLE   0 0 203,399
CAMTEK LTD ORD M20791105 2,051 400,490 SH   SOLE   41,000 0 359,490
CHEROKEE INC DEL NEW COM 16444H102 83 30,000 SH   SOLE   30,000 0 0
AMERICAS CAR MART INC COM 03062T105 577 14,033 SH   SOLE   7,600 0 6,433
CISCO SYS INC COM 17275R102 394 11,721 SH   SOLE   500 0 11,221
COMPUTER TASK GROUP INC COM 205477102 873 162,857 SH   SOLE   0 0 162,857
CUI GLOBAL INC COM NEW 126576206 2,165 586,625 SH   SOLE   0 0 586,625
DAWSON GEOPHYSICAL CO NEW COM 239360100 2,490 549,636 SH   SOLE   0 0 549,636
DESTINATION XL GROUP INC COM 25065K104 1,114 586,407 SH   SOLE   207,536 0 378,871
US ECOLOGY INC COM 91732J102 247 4,600 SH   SOLE   0 0 4,600
EDUCATIONAL DEV CORP COM 281479105 368 38,292 SH   SOLE   38,292 0 0
EAST WEST BANCORP INC COM 27579R104 11,637 194,661 SH   SOLE   29,450 0 165,211
EZCORP INC CL A NON VTG 302301106 7,359 774,638 SH   SOLE   142,475 0 632,163
FOSTER L B CO COM 350060109 3,361 147,725 SH   SOLE   0 0 147,725
STEALTHGAS INC SHS Y81669106 1,511 456,386 SH   SOLE   50,000 0 406,386
GENERAL FIN CORP DEL COM 369822101 229 45,291 SH   SOLE   45,291 0 0
HANMI FINL CORP COM NEW 410495204 318 10,281 SH   SOLE   0 0 10,281
HARDINGE INC COM 412324303 5,160 337,887 SH   SOLE   55,357 0 282,530
HOPE BANCORP INC COM 43940T109 8,241 465,351 SH   SOLE   79,801 0 385,550
INSTEEL INDUSTRIES INC COM 45774W108 1,102 42,192 SH   SOLE   0 0 42,192
FIRST INTERNET BANCORP COM 320557101 677 20,954 SH   SOLE   0 0 20,954
INNOSPEC INC COM 45768S105 10,914 177,034 SH   SOLE   22,200 0 154,834
KIRKLANDS INC COM 497498105 807 70,560 SH   SOLE   0 0 70,560
LAKELAND INDS INC COM 511795106 1,867 132,440 SH   SOLE   0 0 132,440
LIMONEIRA CO COM 532746104 3,231 139,453 SH   SOLE   23,017 0 116,436
LANDSTAR SYS INC COM 515098101 239 2,400 SH   SOLE   0 0 2,400
LUNA INNOVATIONS COM 550351100 741 438,221 SH   SOLE   359,796 0 78,425
MITCHAM INDS INC COM 606501104 1,243 356,044 SH   SOLE   0 0 356,044
MOBILE MINI INC COM 60740F105 6,061 175,937 SH   SOLE   0 0 175,937
MIND C T I LTD ORD M70240102 100 38,568 SH   SOLE   38,568 0 0
MANITEX INTL INC COM 563420108 4,729 526,654 SH   SOLE   279,820 0 246,834
MICROSOFT CORP COM 594918104 548 7,350 SH   SOLE   0 0 7,350
MATRIX SVC CO COM 576853105 5,847 384,672 SH   SOLE   12,600 0 372,072
NATURES SUNSHINE PRODUCTS IN COM 639027101 7,160 705,430 SH   SOLE   176,557 0 528,873
NORTHERN TECH INTL CORP COM 665809109 489 29,464 SH   SOLE   0 0 29,464
NV5 GLOBAL INC COM 62945V109 16,823 307,826 SH   SOLE   16,600 0 291,226
NATIONAL WESTN LIFE GROUP IN CL A 638517102 6,703 19,207 SH   SOLE   3,001 0 16,206
PRO-DEX INC COLO COM NEW 74265M205 102 14,000 SH   SOLE   14,000 0 0
PERION NETWORK LTD SHS M78673106 139 119,926 SH   SOLE   0 0 119,926
EPLUS INC COM 294268107 4,567 49,398 SH   SOLE   0 0 49,398
POINTER TELOCATION LTD SHS M7946T104 212 12,500 SH   SOLE   12,500 0 0
PERMA PIPE INTL HLDGS INC COM 714167103 1,905 224,082 SH   SOLE   0 0 224,082
PIONEER PWR SOLUTIONS INC COM NEW 723836300 2,273 295,960 SH   SOLE   75,000 0 220,960
PRGX GLOBAL INC COM NEW 69357C503 2,855 407,842 SH   SOLE   106,318 0 301,524
RENT A CTR INC NEW COM 76009N100 2,754 239,911 SH   SOLE   400 0 239,511
SAEXPLORATION HLDGS INC COM NEW 78636X204 254 101,010 SH   SOLE   0 0 101,010
SILICOM LTD ORD M84116108 3,700 63,231 SH   SOLE   1,500 0 61,731
INVENTURE FOODS INC COM 461212102 2,707 577,231 SH   SOLE   215,926 0 361,305
SUPERCOM LTD NEW SHS NEW M87095119 861 245,869 SH   SOLE   0 0 245,869
STERLING CONSTRUCTION CO INC COM 859241101 1,112 73,000 SH   SOLE   73,000 0 0
SYNALLOY CP DEL COM 871565107 803 64,264 SH   SOLE   0 0 64,264
TOR MINERALS INTL INC COM NEW 890878309 768 103,913 SH   SOLE   103,913 0 0
TRINITY BIOTECH PLC SPON ADR NEW 896438306 5,991 1,067,851 SH   SOLE   0 0 1,067,851
TETRA TECH INC NEW COM 88162G103 11,418 245,295 SH   SOLE   51,000 0 194,295
VEON LTD SPONSORED ADR 91822M106 56 13,300 SH   SOLE   0 0 13,300
VOXX INTL CORP CL A 91829F104 1,318 154,184 SH   SOLE   0 0 154,184
ABBOTT LABS COM 002824100 365 6,833 SH   SOLE   0 0 6,833
ACME UTD CORP COM 004816104 2,371 103,075 SH   SOLE   29,000 0 74,075
FEDERAL AGRIC MTG CORP CL C 313148306 9,151 125,810 SH   SOLE   18,005 0 107,805
AMERICAN WTR WKS CO INC NEW COM 030420103 5,835 72,120 SH   SOLE   11,300 0 60,820
AXIS CAPITAL HOLDINGS LTD SHS G0692U109 3,478 60,684 SH   SOLE   0 0 60,684
BERKSHIRE HATHAWAY INC DEL CL B NEW 084670702 593 3,234 SH   SOLE   200 0 3,034
CHINA FD INC COM 169373107 1,461 71,790 SH   SOLE   439 0 71,351
CRAWFORD & CO CL A 224633206 7,696 803,320 SH   SOLE   160,154 0 643,166
CVS HEALTH CORP COM 126650100 321 3,950 SH   SOLE   0 0 3,950
CPI AEROSTRUCTURES INC COM NEW 125919308 140 14,950 SH   SOLE   0 0 14,950
CHEVRON CORP NEW COM 166764100 311 2,645 SH   SOLE   0 0 2,645
DISCOVER FINL SVCS COM 254709108 1,117 17,330 SH   SOLE   0 0 17,330
QUEST DIAGNOSTICS INC COM 74834L100 229 2,450 SH   SOLE   0 0 2,450
ISHARES TR SELECT DIVID ETF 464287168 229 2,450 SH   SOLE   0 0 2,450
COMPANHIA PARANAENSE ENERG C SPON ADR PFD 20441B407 155 17,500 SH   SOLE   17,500 0 0
ENBRIDGE INC COM 29250N105 539 12,890 SH   SOLE   0 0 12,890
FIRST ACCEPTANCE CORP COM 318457108 375 350,000 SH   SOLE   350,000 0 0
ABERDEEN GTR CHINA FD INC COM 003031101 668 56,923 SH   SOLE   0 0 56,923
GENERAL ELECTRIC CO COM 369604103 1,904 78,731 SH   SOLE   0 0 78,731
GENWORTH FINL INC COM CL A 37247D106 3,163 821,578 SH   SOLE   0 0 821,578
GENESEE & WYO INC CL A 371559105 233 3,150 SH   SOLE   0 0 3,150
HONEYWELL INTL INC COM 438516106 298 2,100 SH   SOLE   0 0 2,100
HUNTSMAN CORP COM 447011107 13,100 477,756 SH   SOLE   0 0 477,756
ISHARES TR U.S. MED DVC ETF 464288810 367 2,200 SH   SOLE   0 0 2,200
ISHARES TR CORE S&P MCP ETF 464287507 769 4,300 SH   SOLE   0 0 4,300
ISHARES TR CORE S&P SCP ETF 464287804 297 4,000 SH   SOLE   0 0 4,000
ISHARES TR CORE S&P500 ETF 464287200 967 3,825 SH   SOLE   0 0 3,825
JACOBS ENGR GROUP INC DEL COM 469814107 14,269 244,875 SH   SOLE   43,510 0 201,365
JOHNSON & JOHNSON COM 478160104 332 2,553 SH   SOLE   0 0 2,553
JAPAN SMALLER CAPTLZTN FD IN COM 47109U104 1,846 147,107 SH   SOLE   6,000 0 141,107
KOREA FD COM NEW 500634209 200 4,944 SH   SOLE   0 0 4,944
KRATON CORPORATION COM 50077C106 4,604 113,845 SH   SOLE   0 0 113,845
LSB INDS INC COM 502160104 1,552 195,506 SH   SOLE   64,746 0 130,760
MDU RES GROUP INC COM 552690109 205 7,900 SH   SOLE   750 0 7,150
MILLER INDS INC TENN COM NEW 600551204 2,527 90,401 SH   SOLE   0 0 90,401
ALTRIA GROUP INC COM 02209S103 317 5,000 SH   SOLE   0 0 5,000
MARATHON PETE CORP COM 56585A102 376 6,700 SH   SOLE   0 0 6,700
OWENS ILL INC COM NEW 690768403 7,089 281,753 SH   SOLE   16,400 0 265,353
PFIZER INC COM 717081103 390 10,926 SH   SOLE   500 0 10,426
ISHARES TR S&P US PFD STK 464288687 625 16,100 SH   SOLE   0 0 16,100
RENAISSANCERE HOLDINGS LTD COM G7496G103 3,381 25,015 SH   SOLE   0 0 25,015
COMPANHIA DE SANEAMENTO BASI SPONSORED ADR 20441A102 9,428 901,375 SH   SOLE   198,232 0 703,143
SERVICE CORP INTL COM 817565104 11,853 343,551 SH   SOLE   21,726 0 321,825
ABERDEEN SINGAPORE FD INC COM 003244100 176 15,160 SH   SOLE   0 0 15,160
TRAVELERS COMPANIES INC COM 89417E109 6,562 53,561 SH   SOLE   216 0 53,345
TUPPERWARE BRANDS CORP COM 899896104 4,483 72,521 SH   SOLE   14,350 0 58,171
VANGUARD WORLD FDS HEALTH CAR ETF 92204A504 373 2,450 SH   SOLE   0 0 2,450
VANGUARD INDEX FDS S&P 500 ETF SHS 922908363 470 2,035 SH   SOLE   0 0 2,035
VISTRA ENERGY CORP COM 92840M102 6,394 342,102 SH   SOLE   0 0 342,102
WIDEPOINT CORP COM 967590100 539 829,171 SH   SOLE   551,724 0 277,447
SELECT SECTOR SPDR TR TECHNOLOGY 81369Y803 251 4,250 SH   SOLE   0 0 4,250
AUTOBYTEL INC COM NEW 05275N205 681 98,817 SH   SOLE   0 0 98,817