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
Accenture PLC Ireland Class A COM g1151c101 2,719 17,716 SH   SOLE   10,016 0 7,700
ACNB Corp COM 000868109 936 32,009 SH   SOLE   9 0 32,000
Addus Homecare Corp COM 006739106 1,071 22,006 SH   SOLE   6 0 22,000
Adobe Systems Inc COM 00724f101 1,696 7,850 SH   SOLE   2,250 0 5,600
advanced emissions soluts inc COM 00770c101 1,371 120,032 SH   SOLE   32 0 120,000
American Software Inc Cl A COM 029683109 962 74,022 SH   SOLE   22 0 74,000
Ametek Inc COM 031100100 1,603 21,100 SH   SOLE   6,100 0 15,000
Amgen Inc COM 031162100 1,443 8,466 SH   SOLE   2,466 0 6,000
Amphenol Corp New COM 032095101 2,791 32,403 SH   SOLE   18,903 0 13,500
Ani Pharmaceuticals Inc COM 00182c103 1,456 25,007 SH   SOLE   7 0 25,000
Aon Plc COM g0408v102 2,633 18,766 SH   SOLE   11,266 0 7,500
Apple Inc COM 037833100 2,875 17,133 SH   SOLE   10,233 0 6,900
Ares Coml Real Estate Corp COM 04013v108 1,223 99,029 SH   SOLE   29 0 99,000
Arrow Electronics Inc COM 042735100 1,469 19,077 SH   SOLE   5,577 0 13,500
B Riley Financial Inc COM 05580m108 1,229 63,021 SH   SOLE   21 0 63,000
bankfinancial corp COM 06643p104 173 10,162 SH   SOLE   0 0 10,162
Beazer Homes USA Inc COM 07556q881 846 53,016 SH   SOLE   16 0 53,000
bg staffing inc COM 05544a109 798 42,012 SH   SOLE   12 0 42,000
biglari hldgs inc COM 08986r101 233 571 SH   SOLE   1 0 570
Blue Bird Corp COM 095306106 1,588 67,020 SH   SOLE   20 0 67,000
Boeing Co COM 097023105 1,518 4,631 SH   SOLE   1,321 0 3,310
Bryn Mawr Bank Corp COM 117665109 818 18,621 SH   SOLE   6 0 18,615
BSB Bancorp Inc MD COM 05573h108 949 31,009 SH   SOLE   9 0 31,000
Cadence Design System Inc COM 127387108 1,114 30,300 SH   SOLE   3,300 0 27,000
CAE Inc COM 124765108 1,419 76,321 SH   SOLE   76,321 0 0
cambium learning grp inc COM 13201a107 1,008 90,027 SH   SOLE   27 0 90,000
Canadian Imperial Bank Comm To COM 136069101 1,466 16,611 SH   SOLE   16,611 0 0
CBIZ Inc COM 124805102 1,363 74,703 SH   SOLE   177 0 74,526
CDW Corp COM 12514g108 1,484 21,100 SH   SOLE   6,100 0 15,000
CenterPoint Energy Inc COM 15189t107 2,155 78,638 SH   SOLE   43,638 0 35,000
century bancorp inc mass COM 156432106 651 8,202 SH   SOLE   2 0 8,200
Century Casinos Inc COM 156492100 895 120,036 SH   SOLE   36 0 120,000
Century Communities Inc COM 156504300 1,049 35,011 SH   SOLE   11 0 35,000
Chase Corp COM 16150r104 979 8,411 SH   SOLE   28 0 8,383
Chemung Financial Corp COM 164024101 976 21,006 SH   SOLE   6 0 21,000
Cisco Systems Inc COM 17275r102 2,471 57,606 SH   SOLE   33,106 0 24,500
Cognizant Technology Solutions COM 192446102 1,481 18,400 SH   SOLE   5,400 0 13,000
Cohu Inc COM 192576106 1,369 60,017 SH   SOLE   17 0 60,000
Comcast Corp New COM 20030n101 1,303 38,146 SH   SOLE   10,946 0 27,200
Consolidated Tomoka Land Co COM 210226106 1,383 22,007 SH   SOLE   7 0 22,000
Control4 Corp COM 21240d107 902 42,013 SH   SOLE   13 0 42,000
CRA Intl Inc COM 12618t105 994 19,006 SH   SOLE   6 0 19,000
Csw Industrials Inc COM 126402106 496 11,003 SH   SOLE   3 0 11,000
cynergistek inc COM 23258p105 648 130,038 SH   SOLE   38 0 130,000
Danaher Corp COM 235851102 2,580 26,346 SH   SOLE   15,026 0 11,320
dasan zhone solutions inc COM 23305l206 915 80,024 SH   SOLE   24 0 80,000
Data I O Corp COM 237690102 856 115,034 SH   SOLE   34 0 115,000
Diamond Hill Investment Group COM 25264r207 950 4,601 SH   SOLE   1 0 4,600
Dime Community Bancshares COM 253922108 847 46,013 SH   SOLE   13 0 46,000
DLH Holdings Corp COM 23335q100 993 170,051 SH   SOLE   51 0 170,000
Eastman Chem Co COM 277432100 2,800 26,524 SH   SOLE   15,424 0 11,100
Ecolab Inc COM 278865100 1,487 10,850 SH   SOLE   3,150 0 7,700
electro scientific inds COM 285229100 1,083 56,016 SH   SOLE   16 0 56,000
Ennis Inc COM 293389102 631 32,010 SH   SOLE   10 0 32,000
Enterprise Financial Services COM 293712105 751 16,005 SH   SOLE   5 0 16,000
entravision communications cp COM 29382r107 799 170,045 SH   SOLE   45 0 170,000
Exelon Corp COM 30161n101 1,033 26,477 SH   SOLE   26,477 0 0
Exxon Mobile Corp COM 30231g102 758 10,155 SH   SOLE   10,155 0 0
Facebook Inc Cl A COM 30303m102 2,335 14,615 SH   SOLE   8,515 0 6,100
Federal Agric Mtg Corp Cl C COM 313148306 1,480 17,005 SH   SOLE   5 0 17,000
FedEx Corp COM 31428x106 2,444 10,180 SH   SOLE   5,880 0 4,300
Fiat Chrysler Automobiles NV COM n31738102 1,367 66,613 SH   SOLE   66,613 0 0
finjan hldgs inc COM 31788h303 1,073 330,090 SH   SOLE   90 0 330,000
first defiance finl corp COM 32006w106 417 7,277 SH   SOLE   0 0 7,277
first savings finl group inc COM 33621e109 806 11,604 SH   SOLE   4 0 11,600
Fiserv Inc COM 337738108 2,805 39,340 SH   SOLE   23,140 0 16,200
fnb bancorp calif COM 302515101 699 19,000 SH   SOLE   0 0 19,000
Fonar Corp COM 344437405 1,793 60,183 SH   SOLE   17 0 60,166
Fortis Inc COM 349553107 1,282 37,976 SH   SOLE   37,976 0 0
Fortive Corp COM 34959j108 1,345 17,350 SH   SOLE   4,950 0 12,400
FS Bancorp Inc COM 30263y104 1,284 24,007 SH   SOLE   7 0 24,000
Funko Inc Cl A COM 361008105 1,010 123,036 SH   SOLE   36 0 123,000
General Dynamics Corp COM 369550108 2,462 11,147 SH   SOLE   6,547 0 4,600
Globalscape Inc Com COM 37940g109 552 150,046 SH   SOLE   46 0 150,000
Great Ajax Corp COM 38983d300 1,176 86,826 SH   SOLE   26 0 86,800
greene county bancorp inc COM 394357107 624 17,009 SH   SOLE   7 0 17,002
Hackett Group Inc COM 404609109 1,556 96,912 SH   SOLE   29 0 96,883
Hallador Energy Company COM 40609p105 687 100,024 SH   SOLE   24 0 100,000
Hennessy Advisors Inc COM 425885100 1,052 54,487 SH   SOLE   16 0 54,471
Hingham Inst Savings MA COM 433323102 1,021 4,955 SH   SOLE   1 0 4,954
Home Depot Inc COM 437076102 944 5,295 SH   SOLE   5,295 0 0
Honeywell Intl Inc COM 438516106 1,474 10,200 SH   SOLE   3,000 0 7,200
Hooker Furniture Corp COM 439038100 954 26,008 SH   SOLE   8 0 26,000
Hurco Companies Inc COM 447324104 479 10,426 SH   SOLE   0 0 10,426
Ichor Holdings COM g4740b105 1,384 57,177 SH   SOLE   177 0 57,000
Ihs Markit Ltd COM g47567105 1,282 26,570 SH   SOLE   7,570 0 19,000
Illinois Tool Works Inc COM 452308109 2,503 15,975 SH   SOLE   9,125 0 6,850
Ingersoll-Rand PLC COM g47791101 1,360 15,901 SH   SOLE   4,401 0 11,500
Insurance Holdings Inc COM 91359v107 1,425 44,671 SH   SOLE   146 0 44,525
Intel Corp COM 458140100 1,541 29,593 SH   SOLE   8,593 0 21,000
inTEST Corp COM 461147100 771 115,887 SH   SOLE   41 0 115,846
Intuitive Surgical Inc COM 46120e602 1,449 3,510 SH   SOLE   1,010 0 2,500
Iqvia Holdings Inc COM 46266c105 1,409 14,361 SH   SOLE   4,161 0 10,200
Johnson & Johnson COM 478160104 2,279 17,787 SH   SOLE   10,487 0 7,300
johnson outdoors inc COM 479167108 595 9,603 SH   SOLE   3 0 9,600
JPMorgan Chase & Co COM 46625h100 858 7,805 SH   SOLE   7,805 0 0
juniper pharmaceuticals inc COM 48203l107 1,265 124,635 SH   SOLE   35 0 124,600
Kforce Inc COM 493732101 977 36,110 SH   SOLE   11 0 36,099
KMG Chemicals Inc COM 482564101 1,079 18,005 SH   SOLE   5 0 18,000
Koppers Holdings Inc COM 50060p106 904 22,007 SH   SOLE   7 0 22,000
Laboratory Corp America Holdin COM 50540r409 2,416 14,938 SH   SOLE   8,638 0 6,300
Lam Research Corp COM 512807108 2,671 13,148 SH   SOLE   8,048 0 5,100
Landmark Bancorp Inc COM 51504l107 1,082 37,115 SH   SOLE   12 0 37,103
Lear Corp COM 521865204 3,156 16,957 SH   SOLE   9,657 0 7,300
Lee Enterprises Inc COM 523768109 839 430,125 SH   SOLE   125 0 430,000
luna innovations COM 550351100 1,134 350,105 SH   SOLE   105 0 350,000
mackinac finl corp COM 554571109 1,037 63,817 SH   SOLE   17 0 63,800
MainSource Financial Group Inc COM 56062y102 935 23,007 SH   SOLE   7 0 23,000
Malibu Boats Inc Cl A COM 56117j100 1,595 48,014 SH   SOLE   14 0 48,000
Mastercard Incorporated COM 57636q104 3,292 18,792 SH   SOLE   10,692 0 8,100
Mcbc Holdings Inc COM 55276f107 1,487 59,018 SH   SOLE   18 0 59,000
Medifast Inc COM 58470h101 1,496 16,005 SH   SOLE   5 0 16,000
medley mgmt inc COM 58503t106 821 144,038 SH   SOLE   38 0 144,000
Micron Technology Inc COM 595112103 1,820 34,900 SH   SOLE   9,900 0 25,000
Moodys Corp COM 615369105 2,957 18,332 SH   SOLE   10,532 0 7,800
MSCI Inc COM 55354g100 1,226 8,200 SH   SOLE   900 0 7,300
Nanometrics Inc COM 630077105 484 18,000 SH   SOLE   0 0 18,000
national cinemedia inc COM 635309107 628 121,037 SH   SOLE   37 0 121,000
national holdings corp COM 636375206 1,463 320,084 SH   SOLE   84 0 320,000
National Presto Industries Inc COM 637215104 497 5,302 SH   SOLE   2 0 5,300
Natural Health Trends Corp COM 63888p406 1,008 53,016 SH   SOLE   16 0 53,000
Norbord Inc COM 65548p403 1,597 43,958 SH   SOLE   43,958 0 0
Northeast Bancorp COM 663904209 1,025 50,015 SH   SOLE   15 0 50,000
Norwood Financial Corp COM 669549107 1,204 40,012 SH   SOLE   12 0 40,000
One Liberty Properties Inc COM 682406103 1,017 46,014 SH   SOLE   14 0 46,000
Oracle Corp COM 68389x105 2,331 50,945 SH   SOLE   29,745 0 21,200
Oritani Financial Corp COM 68633d103 618 40,273 SH   SOLE   273 0 40,000
PepsiCo Inc COM 713448108 856 7,841 SH   SOLE   7,841 0 0
Perficient Inc COM 71375u101 1,745 76,122 SH   SOLE   22 0 76,100
PetMed Express Inc COM 716382106 1,088 26,053 SH   SOLE   8 0 26,045
Pfizer Inc COM 717081103 2,436 68,639 SH   SOLE   38,939 0 29,700
Pointer Telocation Ltd COM m7946t104 830 57,017 SH   SOLE   17 0 57,000
PPG Industries Inc COM 693506107 1,440 12,900 SH   SOLE   3,700 0 9,200
Public Service Enterprise Grou COM 744573106 1,482 29,496 SH   SOLE   8,496 0 21,000
Quanex Building Products Corp COM 747619104 922 53,015 SH   SOLE   15 0 53,000
RadNet Inc COM 750491102 1,296 90,030 SH   SOLE   30 0 90,000
Raytheon Co COM 755111507 1,100 5,099 SH   SOLE   5,099 0 0
Roper Technologies Inc COM 776696106 1,704 6,070 SH   SOLE   1,770 0 4,300
S&P Global Inc COM 78409v104 2,778 14,540 SH   SOLE   7,940 0 6,600
Sirius XM Holdings Inc COM 82968b103 2,667 427,449 SH   SOLE   251,449 0 176,000
Smart Global Holdings Inc COM g8232y101 1,446 29,008 SH   SOLE   8 0 29,000
SORL Auto Parts Inc COM 78461u101 977 150,045 SH   SOLE   45 0 150,000
Stanley Black & Decker Inc COM 854502101 2,560 16,713 SH   SOLE   9,813 0 6,900
Stoneridge Inc COM 86183p102 1,321 47,861 SH   SOLE   15 0 47,846
Stryker Corp COM 863667101 2,592 16,106 SH   SOLE   8,506 0 7,600
suncoke energy inc COM 86722a103 260 24,153 SH   SOLE   25 0 24,128
Superior Uniform Group Inc COM 868358102 788 30,009 SH   SOLE   9 0 30,000
Synopsys Inc COM 871607107 1,684 20,226 SH   SOLE   5,826 0 14,400
Texas Instruments Inc COM 882508104 1,389 13,374 SH   SOLE   3,874 0 9,500
Thermo Fisher Scientific Inc COM 883556102 2,676 12,964 SH   SOLE   7,364 0 5,600
Timberland Bancorp Inc COM 887098101 1,125 37,011 SH   SOLE   11 0 37,000
Toronto Dominion Bank Ont COM 891160509 1,158 20,363 SH   SOLE   20,363 0 0
Tower Intl Inc COM 891826109 916 33,010 SH   SOLE   10 0 33,000
Tpi Composites Inc COM 87266j104 1,033 46,014 SH   SOLE   14 0 46,000
Transcat Inc COM 893529107 1,549 98,993 SH   SOLE   29 0 98,964
Trico Bancshares COM 896095106 1,157 31,096 SH   SOLE   84 0 31,012
Turning Pt Brands Inc COM 90041l105 1,225 63,019 SH   SOLE   19 0 63,000
Ultra Clean Holdings Inc COM 90385v107 1,179 61,226 SH   SOLE   226 0 61,000
Unitedhealth Group Inc COM 91324p102 3,007 14,052 SH   SOLE   7,902 0 6,150
Unity Bancorp Inc COM 913290102 1,211 55,054 SH   SOLE   17 0 55,037
US Bancorp Del COM 902973304 648 12,827 SH   SOLE   12,827 0 0
Utah Med Prods Inc COM 917488108 1,732 17,526 SH   SOLE   5 0 17,521
Valero Energy Corp COM 91913y100 880 9,491 SH   SOLE   9,491 0 0
Vectrus Inc COM 92242t101 1,665 44,713 SH   SOLE   13 0 44,700
Verisk Analytics Inc COM 92345y106 2,694 25,900 SH   SOLE   15,200 0 10,700
Visa Inc Cl A COM 92826c839 1,717 14,351 SH   SOLE   4,151 0 10,200
VSE Corp COM 918284100 1,314 25,408 SH   SOLE   8 0 25,400
Washington Tr Bancorp COM 940610108 1,016 18,906 SH   SOLE   6 0 18,900
West Bancorporation Inc Cap St COM 95123p106 1,135 44,323 SH   SOLE   13 0 44,310
Winmark Corp COM 974250102 1,647 12,592 SH   SOLE   25 0 12,567
Wyndham Worldwide Corp COM 98310w108 1,453 12,700 SH   SOLE   3,700 0 9,000
xcerra corp COM 98400j108 909 78,023 SH   SOLE   23 0 78,000
Xerium Technologies Inc COM 98416j118 1,129 175,046 SH   SOLE   46 0 175,000
Yum Brands Inc COM 988498101 1,047 12,300 SH   SOLE   12,300 0 0
Advanced Semiconductor Engr Sp ADR 00756m404 744 102,500 SH   SOLE   102,500 0 0
AerCap Holdings NV ADR n00985106 15,870 312,886 SH   SOLE   158,826 0 154,060
Alibaba Group Holding Ltd Sp A ADR 01609w102 11,830 64,456 SH   SOLE   48,956 0 15,500
Aptiv PLC ADR g6095l109 1,445 17,001 SH   SOLE   5,001 0 12,000
ASML Holding NV NY Registry ADR n07059210 1,265 6,371 SH   SOLE   6,371 0 0
AstraZeneca PLC Sp ADR ADR 046353108 276 7,900 SH   SOLE   7,900 0 0
CGI Groupe Inc Cl A ADR 39945c109 1,931 33,508 SH   SOLE   33,508 0 0
Check Point Software Tech Ltd ADR m22465104 11,209 112,831 SH   SOLE   53,901 0 58,930
China Mobile Limited Sp ADR ADR 16941m109 1,289 28,180 SH   SOLE   28,180 0 0
Chunghwa Telecom Co Ltd Sp ADR ADR 17133q502 1,415 36,420 SH   SOLE   36,420 0 0
Credicorp Ltd ADR g2519y108 955 4,207 SH   SOLE   4,207 0 0
Delphi Technologies Plc Shs ADR g2709g107 1,452 30,465 SH   SOLE   8,799 0 21,666
Diageo PLC Sp ADR ADR 25243q205 1,663 12,284 SH   SOLE   12,284 0 0
Fresenius Med Care AG & Co KGA ADR 358029106 1,492 29,200 SH   SOLE   29,200 0 0
HDFC Bank Ltd ADR Reps 3 ADR 40415f101 245 2,480 SH   SOLE   2,480 0 0
Honda Motor Ltd American ADR 438128308 1,365 39,297 SH   SOLE   39,297 0 0
Icon PLC ADR g4705a100 1,628 13,781 SH   SOLE   13,781 0 0
Infosys Ltd Sp ADR ADR 456788108 323 18,083 SH   SOLE   18,083 0 0
ING Groep NV Sp ADR ADR 456837103 242 14,300 SH   SOLE   14,300 0 0
KB Financial Group Inc Sp ADR ADR 48241a105 1,616 27,890 SH   SOLE   27,890 0 0
Koninklijke Philips NV NY Reg ADR 500472303 1,282 33,457 SH   SOLE   33,457 0 0
KT Corp Sp ADR ADR 48268k101 911 66,525 SH   SOLE   66,525 0 0
LyondellBasell Industries NV A ADR n53745100 2,463 23,304 SH   SOLE   13,404 0 9,900
Momo Inc ADR ADR 60879b107 1,687 45,138 SH   SOLE   45,138 0 0
Netease Inc Sp ADR ADR 64110w102 710 2,534 SH   SOLE   2,534 0 0
Nova Measuring Instruments Ltd ADR m7516k103 940 34,633 SH   SOLE   116 0 34,517
Orange Sp ADR ADR 684060106 1,442 84,415 SH   SOLE   84,415 0 0
ORIX Corp Sp ADR ADR 686330101 1,382 15,380 SH   SOLE   15,380 0 0
Relx NV Sp ADR ADR 75955b102 1,775 85,380 SH   SOLE   85,380 0 0
Royal Bank of Canada Montreal ADR 780087102 2,227 28,808 SH   SOLE   28,808 0 0
Royal Dutch Shell PLC Sp ADR A ADR 780259206 1,394 21,840 SH   SOLE   21,840 0 0
Sap SE Sp ADR ADR 803054204 16,250 154,528 SH   SOLE   77,771 0 76,757
SK Telecom Ltd Sp ADR ADR 78440p108 1,173 48,521 SH   SOLE   48,521 0 0
Taiwan Semiconductor Mfg Ltd S ADR 874039100 4,187 95,685 SH   SOLE   95,685 0 0
TE Connectivity Ltd Reg ADR h84989104 1,718 17,201 SH   SOLE   4,901 0 12,300
Total SA Sp ADR ADR 89151e109 561 9,725 SH   SOLE   9,725 0 0
Toyota Motor Corp Sp ADR 2 ADR 892331307 4,100 31,449 SH   SOLE   31,449 0 0
Turkcell Iletisim Hizmetleri S ADR 900111204 983 102,843 SH   SOLE   102,843 0 0
Vale SA ADR ADR 91912e105 1,132 89,005 SH   SOLE   89,005 0 0
Vedanta Ltd Sp ADR ADR 92242y100 6,406 364,600 SH   SOLE   227,840 0 136,760
WNS Holdings Ltd Sp ADR ADR 92932m101 1,879 41,450 SH   SOLE   41,450 0 0
Yirendai Ltd Sp ADR ADR 98585l100 1,302 32,359 SH   SOLE   32,359 0 0
YY Inc ADS Rep Cl A ADR 98426t106 851 8,093 SH   SOLE   8,093 0 0