The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. | |||||||||||||||||
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 13F FORM 13F INFORMATION TABLE |
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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 |
| Abbott Laboratories | COM | 002824100 | 369 | 3,400 | SH | DFND | 1 | 3,400 | 0 | 0 | |
| AbbVie Inc. | COM | 00287Y109 | 1,424 | 9,300 | SH | DFND | 1 | 9,300 | 0 | 0 | |
| Abercrombie & Fitch Co. | COM | 002896207 | 10,849 | 641,174 | SH | DFND | 1 | 350,603 | 0 | 290,571 | |
| Academy Sports and Outdoors In | COM | 00402L107 | 9,248 | 260,225 | SH | DFND | 1 | 145,254 | 0 | 114,971 | |
| Acuity Brands Inc. | CL A NEW | 00508Y102 | 8,369 | 54,327 | SH | DFND | 1 | 28,104 | 0 | 26,223 | |
| Advanced Micro Devices | COM | 007903107 | 567 | 7,410 | SH | DFND | 1 | 7,410 | 0 | 0 | |
| Aerojet Rocketdyne Holdings In | COM | 007800105 | 8,686 | 213,950 | SH | DFND | 1 | 118,304 | 0 | 95,646 | |
| Alexandria Real Estate Equitie | COM | 015271109 | 1,405 | 9,685 | SH | DFND | 1 | 8,335 | 0 | 1,350 | |
| Alleghany Corp. | COM | 017175100 | 1,511 | 1,814 | SH | DFND | 1 | 1,464 | 0 | 350 | |
| Allegion PLC | ORD SHS | G0176J109 | 163 | 1,666 | SH | DFND | 1 | 1,666 | 0 | 0 | |
| Allison Transmission Hldgs | COM | 01973R101 | 11 | 295 | SH | DFND | 1 | 295 | 0 | 0 | |
| Ally Financial Inc. | COM | 02005N100 | 10 | 295 | SH | DFND | 1 | 295 | 0 | 0 | |
| Altra Industrial Motion Corp. | COM | 02208R106 | 14,728 | 417,805 | SH | DFND | 1 | 229,711 | 0 | 188,094 | |
| Amdocs Ltd. | SHS | G02602103 | 1,868 | 22,425 | SH | DFND | 1 | 19,015 | 0 | 3,410 | |
| Amerco | COM | 023586100 | 19,536 | 40,851 | SH | DFND | 1 | 21,876 | 0 | 18,975 | |
| American Eagle Outfitters Inc. | COM | 02553E106 | 16,702 | 1,493,929 | SH | DFND | 1 | 796,100 | 0 | 697,829 | |
| American Public Education Inc. | COM | 02913V103 | 17,619 | 1,090,291 | SH | DFND | 1 | 584,332 | 0 | 505,959 | |
| American Woodmark Corp. | COM | 030506109 | 15,608 | 346,760 | SH | DFND | 1 | 187,201 | 0 | 159,559 | |
| AMN Healthcare Services Inc. | COM | 001744101 | 23,024 | 209,866 | SH | DFND | 1 | 110,482 | 0 | 99,384 | |
| AngioDynamics Inc | COM | 03475V101 | 20,403 | 1,054,394 | SH | DFND | 1 | 555,511 | 0 | 498,883 | |
| Apple Hospitality REIT Inc. | COM NEW | 03784Y200 | 24,671 | 1,681,711 | SH | DFND | 1 | 885,705 | 0 | 796,006 | |
| Apple Inc. | COM | 037833100 | 1,806 | 13,210 | SH | DFND | 1 | 13,210 | 0 | 0 | |
| Applied Materials Inc. | COM | 038222105 | 317 | 3,489 | SH | DFND | 1 | 3,489 | 0 | 0 | |
| Aptiv PLC | SHS | G6095L109 | 254 | 2,857 | SH | DFND | 1 | 2,857 | 0 | 0 | |
| Arch Capital Group Ltd. | ORD | G0450A105 | 287 | 6,300 | SH | DFND | 1 | 6,300 | 0 | 0 | |
| ASGN Incorporated | COM | 00191U102 | 22,999 | 254,834 | SH | DFND | 1 | 136,452 | 0 | 118,382 | |
| Assurant Inc | COM | 04621X108 | 1,894 | 10,960 | SH | DFND | 1 | 9,210 | 0 | 1,750 | |
| Atlantic Union Bankshares Corp | COM | 04911A107 | 8,181 | 241,175 | SH | DFND | 1 | 121,780 | 0 | 119,395 | |
| AXT Inc. | COM | 00246W103 | 2,756 | 470,234 | SH | DFND | 1 | 243,738 | 0 | 226,496 | |
| Azenta Inc. | COM | 114340102 | 1,084 | 15,030 | SH | DFND | 1 | 12,735 | 0 | 2,295 | |
| Bank of Princeton | COM | 064520109 | 8,716 | 317,393 | SH | DFND | 1 | 142,198 | 0 | 175,195 | |
| Berkshire Hills Bancorp Inc. | COM | 084680107 | 19,527 | 788,351 | SH | DFND | 1 | 395,533 | 0 | 392,818 | |
| Biogen Inc. | COM | 09062X103 | 326 | 1,600 | SH | DFND | 1 | 1,600 | 0 | 0 | |
| Brandywine Realty Trust Inc. ( | SH BEN INT NEW | 105368203 | 17,927 | 1,859,676 | SH | DFND | 1 | 995,258 | 0 | 864,418 | |
| BRP Inc. | COM SUN VTG | 05577W200 | 12,441 | 202,260 | SH | DFND | 1 | 103,708 | 0 | 98,552 | |
| Carrier Global Corp. | COM | 14448C104 | 214 | 6,000 | SH | DFND | 1 | 6,000 | 0 | 0 | |
| CBRE Group Inc. | COM | 12504L109 | 8 | 114 | SH | DFND | 1 | 114 | 0 | 0 | |
| Centene Corp. | COM | 15135B101 | 13 | 152 | SH | DFND | 1 | 152 | 0 | 0 | |
| Central Garden & Pet Co. CL A | CL A NON-VTG | 153527205 | 4 | 104 | SH | DFND | 1 | 104 | 0 | 0 | |
| Central Valley Community Banco | COM | 155685100 | 3,457 | 238,445 | SH | DFND | 1 | 144,060 | 0 | 94,385 | |
| CF Industries Holdings Inc. | COM | 125269100 | 1,390 | 16,210 | SH | DFND | 1 | 13,750 | 0 | 2,460 | |
| Chase Corp. | COM | 16150R104 | 14,175 | 182,169 | SH | DFND | 1 | 91,948 | 0 | 90,221 | |
| Check Point Software Technolog | ORD | M22465104 | 2,578 | 21,167 | SH | DFND | 1 | 17,927 | 0 | 3,240 | |
| Churchill Downs Inc. | COM | 171484108 | 16,185 | 84,503 | SH | DFND | 1 | 46,590 | 0 | 37,913 | |
| Ciena Corp. | COM NEW | 171779309 | 1,748 | 38,255 | SH | DFND | 1 | 32,405 | 0 | 5,850 | |
| Citizens Financial Group Inc. | COM | 174610105 | 14,536 | 407,291 | SH | DFND | 1 | 221,717 | 0 | 185,574 | |
| Coherent Inc. | COM | 192479103 | 18,856 | 70,829 | SH | DFND | 1 | 38,684 | 0 | 32,145 | |
| Cohu Inc. | COM | 192576106 | 26,733 | 963,368 | SH | DFND | 1 | 520,499 | 0 | 442,869 | |
| Columbus Mckinnon Corp. | COM | 199333105 | 19,364 | 682,569 | SH | DFND | 1 | 367,933 | 0 | 314,636 | |
| Comcast Corporation CL A | CL A | 20030N101 | 447 | 11,400 | SH | DFND | 1 | 11,400 | 0 | 0 | |
| Comerica Inc. | COM | 200340107 | 8 | 115 | SH | DFND | 1 | 115 | 0 | 0 | |
| Comfort Systems USA Inc. | COM | 199908104 | 31,034 | 373,228 | SH | DFND | 1 | 199,728 | 0 | 173,500 | |
| Commercial Metals Company | COM | 201723103 | 27,186 | 821,320 | SH | DFND | 1 | 441,287 | 0 | 380,033 | |
| Community Healthcare Trust Inc | COM | 20369C106 | 15,003 | 414,343 | SH | DFND | 1 | 221,725 | 0 | 192,618 | |
| ConAgra Brands Inc. | COM | 205887102 | 9 | 270 | SH | DFND | 1 | 270 | 0 | 0 | |
| Constellation Energy Corp. | COM | 21037T109 | 314 | 5,481 | SH | DFND | 1 | 5,481 | 0 | 0 | |
| Coterra Energy Inc. | COM | 127097103 | 1,202 | 46,615 | SH | DFND | 1 | 39,490 | 0 | 7,125 | |
| Cross Country Healthcare Inc. | COM | 227483104 | 45,708 | 2,194,340 | SH | DFND | 1 | 1,162,753 | 0 | 1,031,587 | |
| CSX Corp. | COM | 126408103 | 889 | 30,600 | SH | DFND | 1 | 30,600 | 0 | 0 | |
| Curtiss-Wright Corp. | COM | 231561101 | 29,907 | 226,466 | SH | DFND | 1 | 117,576 | 0 | 108,890 | |
| CVS Health Corporation | COM | 126650100 | 156 | 1,688 | SH | DFND | 1 | 1,688 | 0 | 0 | |
| D. R. Horton Inc. | COM | 23331A109 | 1,073 | 16,205 | SH | DFND | 1 | 13,725 | 0 | 2,480 | |
| Dana Incorporated | COM | 235825205 | 8,384 | 595,879 | SH | DFND | 1 | 312,706 | 0 | 283,173 | |
| Deckers Outdoor Corp | COM | 243537107 | 14,507 | 56,813 | SH | DFND | 1 | 28,835 | 0 | 27,978 | |
| Delek US Holdings Inc. | COM | 24665A103 | 18,276 | 707,287 | SH | DFND | 1 | 370,233 | 0 | 337,054 | |
| Diamondback Energy Inc. | COM | 25278X109 | 1,557 | 12,851 | SH | DFND | 1 | 10,913 | 0 | 1,938 | |
| Diamondrock Hospitality Co. (R | COM | 252784301 | 6,899 | 840,265 | SH | DFND | 1 | 470,565 | 0 | 369,700 | |
| Dicks Sporting Goods Inc. | COM | 253393102 | 336 | 4,458 | SH | DFND | 1 | 4,458 | 0 | 0 | |
| Digital Realty Trust Inc. (REI | COM | 253868103 | 170 | 1,313 | SH | DFND | 1 | 1,313 | 0 | 0 | |
| Dime Community Bancshares | COM | 25432X102 | 21,067 | 710,521 | SH | DFND | 1 | 355,903 | 0 | 354,618 | |
| Douglas Dynamics Inc. | COM | 25960R105 | 10,339 | 359,726 | SH | DFND | 1 | 177,854 | 0 | 181,872 | |
| Eastman Chemical Co. | COM | 277432100 | 352 | 3,925 | SH | DFND | 1 | 3,925 | 0 | 0 | |
| Elbit Systems Ltd. | ORD | M3760D101 | 20,780 | 90,609 | SH | DFND | 1 | 49,954 | 0 | 40,655 | |
| Elevance Health Inc. | COM | 036752103 | 17 | 36 | SH | DFND | 1 | 36 | 0 | 0 | |
| EMCOR Group Inc. | COM | 29084Q100 | 36,213 | 351,716 | SH | DFND | 1 | 185,518 | 0 | 166,198 | |
| Encompass Health Corp. | COM | 29261A100 | 26,182 | 467,123 | SH | DFND | 1 | 251,765 | 0 | 215,358 | |
| Everest Re Group Ltd. | COM | G3223R108 | 30,556 | 109,020 | SH | DFND | 1 | 56,403 | 0 | 52,617 | |
| Exelixis Inc. | COM | 30161Q104 | 24,753 | 1,188,897 | SH | DFND | 1 | 637,404 | 0 | 551,493 | |
| Exelon Corp. | COM | 30161N101 | 16 | 349 | SH | DFND | 1 | 349 | 0 | 0 | |
| F5 Inc. | COM | 315616102 | 2,181 | 14,250 | SH | DFND | 1 | 12,170 | 0 | 2,080 | |
| First Citizens Bancshares Inc. | COM | 31946M103 | 91,013 | 139,210 | SH | DFND | 1 | 73,952 | 0 | 65,258 | |
| First Community Bancshares Inc | COM | 31983A103 | 19,142 | 650,864 | SH | DFND | 1 | 332,907 | 0 | 317,957 | |
| First Merchants Corporation | COM | 320817109 | 22,580 | 633,921 | SH | DFND | 1 | 316,735 | 0 | 317,186 | |
| First Republic Bank | COM | 33616C100 | 1,216 | 8,430 | SH | DFND | 1 | 7,110 | 0 | 1,320 | |
| Freeport-McMoRan Inc. | CL B | 35671D857 | 3 | 115 | SH | DFND | 1 | 115 | 0 | 0 | |
| FTI Consulting Inc. | COM | 302941109 | 14,402 | 79,635 | SH | DFND | 1 | 39,385 | 0 | 40,250 | |
| Gaming and Leisure Properties | COM | 36467J108 | 11 | 237 | SH | DFND | 1 | 237 | 0 | 0 | |
| Gencor Industries Inc. | COM | 368678108 | 13,156 | 1,294,850 | SH | DFND | 1 | 616,370 | 0 | 678,480 | |
| Gentex Corp. | COM | 371901109 | 8,176 | 292,300 | SH | DFND | 1 | 149,249 | 0 | 143,051 | |
| Gibraltar Industries Inc. | COM | 374689107 | 4,780 | 123,360 | SH | DFND | 1 | 59,360 | 0 | 64,000 | |
| Glatfelter Corp. | COM | 377320106 | 6,582 | 956,670 | SH | DFND | 1 | 520,401 | 0 | 436,269 | |
| Granite Construction Inc. | COM | 387328107 | 7,308 | 250,788 | SH | DFND | 1 | 152,515 | 0 | 98,273 | |
| Harmonic Inc. | COM | 413160102 | 7,361 | 849,030 | SH | DFND | 1 | 484,374 | 0 | 364,656 | |
| Hartford Financial Services Gr | COM | 416515104 | 6 | 90 | SH | DFND | 1 | 90 | 0 | 0 | |
| Heidrick & Struggles Intl Inc. | COM | 422819102 | 18,622 | 575,472 | SH | DFND | 1 | 289,837 | 0 | 285,635 | |
| Helen of Troy Corp. Ltd. | COM | G4388N106 | 13,838 | 85,206 | SH | DFND | 1 | 43,284 | 0 | 41,922 | |
| Helix Energy Solutions Group I | COM | 42330P107 | 8,713 | 2,810,546 | SH | DFND | 1 | 1,553,145 | 0 | 1,257,401 | |
| Helmerich & Payne Inc. | COM | 423452101 | 20,226 | 469,709 | SH | DFND | 1 | 245,839 | 0 | 223,870 | |
| HNI Corp. | COM | 404251100 | 12,580 | 362,638 | SH | DFND | 1 | 181,178 | 0 | 181,460 | |
| Hope Bancorp Inc. | COM | 43940T109 | 9,340 | 674,838 | SH | DFND | 1 | 360,447 | 0 | 314,391 | |
| Host Hotels & Resorts Inc. (RE | COM | 44107P104 | 955 | 60,905 | SH | DFND | 1 | 51,605 | 0 | 9,300 | |
| Huntington Bancshares Inc. | COM | 446150104 | 914 | 75,945 | SH | DFND | 1 | 65,000 | 0 | 10,945 | |
| Huntsman Corp. | COM | 447011107 | 17,008 | 599,936 | SH | DFND | 1 | 320,649 | 0 | 279,287 | |
| ICF International Inc. | COM | 44925C103 | 37,022 | 389,701 | SH | DFND | 1 | 207,901 | 0 | 181,800 | |
| II-VI Inc. | COM | 902104108 | 259 | 5,087 | SH | DFND | 1 | 5,087 | 0 | 0 | |
| Ingersoll Rand Inc. | COM | 45687V106 | 186 | 4,412 | SH | DFND | 1 | 4,412 | 0 | 0 | |
| Innoviva Inc. | COM | 45781M101 | 21,402 | 1,449,986 | SH | DFND | 1 | 795,208 | 0 | 654,778 | |
| International Paper Co. | CL A | 460146103 | 297 | 7,100 | SH | DFND | 1 | 7,100 | 0 | 0 | |
| iShares Russell 2000 Value Ind | RUS 2000 VAL ETF | 464287630 | 1,385 | 10,170 | SH | DFND | 1 | 10,076 | 0 | 94 | |
| Jazz Pharmaceuticals PLC | SHS USD | G50871105 | 32,179 | 206,264 | SH | DFND | 1 | 113,669 | 0 | 92,595 | |
| Johnson & Johnson | COM | 478160104 | 905 | 5,100 | SH | DFND | 1 | 5,100 | 0 | 0 | |
| JPMorgan Chase & Co. | COM | 46625H100 | 684 | 6,075 | SH | DFND | 1 | 6,075 | 0 | 0 | |
| Kaiser Aluminum Corporation | COM PAR $0.01 | 483007704 | 21,031 | 265,918 | SH | DFND | 1 | 137,214 | 0 | 128,704 | |
| KB Home | COM | 48666K109 | 16,235 | 570,461 | SH | DFND | 1 | 290,729 | 0 | 279,732 | |
| KBR Inc. | COM | 48242W106 | 45,100 | 932,012 | SH | DFND | 1 | 490,870 | 0 | 441,142 | |
| Kennametal Inc. | COM | 489170100 | 5 | 194 | SH | DFND | 1 | 194 | 0 | 0 | |
| KeyCorp | COM | 493267108 | 1,778 | 103,210 | SH | DFND | 1 | 87,210 | 0 | 16,000 | |
| KLA Corp. | COM NEW | 482480100 | 1,839 | 5,765 | SH | DFND | 1 | 4,915 | 0 | 850 | |
| KVH Industries Inc. | COM | 482738101 | 16,143 | 1,855,530 | SH | DFND | 1 | 1,013,816 | 0 | 841,714 | |
| L.B. Foster Co. | COM | 350060109 | 1,092 | 84,863 | SH | DFND | 1 | 72,773 | 0 | 12,090 | |
| L3Harris Technologies Inc. | COM | 502431109 | 2,342 | 9,690 | SH | DFND | 1 | 8,440 | 0 | 1,250 | |
| La-Z-Boy Inc. | COM | 505336107 | 14,392 | 606,996 | SH | DFND | 1 | 332,879 | 0 | 274,117 | |
| Laboratory Corporation of Amer | COM NEW | 50540R409 | 1,701 | 7,257 | SH | DFND | 1 | 6,147 | 0 | 1,110 | |
| Lakeland Bancorp Inc. | COM | 511637100 | 23,069 | 1,577,941 | SH | DFND | 1 | 795,724 | 0 | 782,217 | |
| LAM Research Corp. | COM | 512807108 | 396 | 930 | SH | DFND | 1 | 930 | 0 | 0 | |
| Lear Corp. | COM NEW | 521865204 | 888 | 7,055 | SH | DFND | 1 | 5,855 | 0 | 1,200 | |
| Leidos Holdings Inc. | COM | 525327102 | 21,968 | 218,133 | SH | DFND | 1 | 120,443 | 0 | 97,690 | |
| Lincoln National Corp. | COM | 534187109 | 1,051 | 22,473 | SH | DFND | 1 | 20,123 | 0 | 2,350 | |
| Louisiana-Pacific Corp. | COM | 546347105 | 7 | 128 | SH | DFND | 1 | 128 | 0 | 0 | |
| Lowe's Companies Inc. | COM | 548661107 | 1,456 | 8,335 | SH | DFND | 1 | 8,335 | 0 | 0 | |
| LSI Industries Inc. | COM | 50216C108 | 13,141 | 2,129,901 | SH | DFND | 1 | 1,080,361 | 0 | 1,049,540 | |
| LXP Industrial Trust (REIT) | COM | 529043101 | 24,211 | 2,254,242 | SH | DFND | 1 | 1,188,326 | 0 | 1,065,916 | |
| M&T Bank Corp. | COM | 55261F104 | 1,066 | 6,686 | SH | DFND | 1 | 4,208 | 0 | 2,478 | |
| Madison Square Garden Entertai | CL A | 55826T102 | 19,762 | 375,569 | SH | DFND | 1 | 197,520 | 0 | 178,049 | |
| Madison Square Garden Sports C | CL A | 55825T103 | 10,645 | 70,494 | SH | DFND | 1 | 38,485 | 0 | 32,009 | |
| Magna International (Cl A) | COM | 559222401 | 908 | 16,540 | SH | DFND | 1 | 14,045 | 0 | 2,495 | |
| Magnachip Semiconductor Corp | COM | 55933J203 | 22,051 | 1,517,643 | SH | DFND | 1 | 793,488 | 0 | 724,155 | |
| Magnolia Oil & Gas Corporation | CL A | 559663109 | 56,781 | 2,705,137 | SH | DFND | 1 | 1,404,299 | 0 | 1,300,838 | |
| Markel Corp. | COM | 570535104 | 1,276 | 987 | SH | DFND | 1 | 842 | 0 | 145 | |
| Masco Corp. | COM | 574599106 | 932 | 18,425 | SH | DFND | 1 | 15,610 | 0 | 2,815 | |
| Masonite International Corpora | COM | 575385109 | 17,431 | 226,876 | SH | DFND | 1 | 114,752 | 0 | 112,124 | |
| MasterCraft Boat Holdings Inc. | COM | 57637H103 | 23,843 | 1,132,685 | SH | DFND | 1 | 607,851 | 0 | 524,834 | |
| MaxLinear Inc. | COM | 57776J100 | 5,166 | 152,027 | SH | DFND | 1 | 79,469 | 0 | 72,558 | |
| MDC Holdings Inc. | COM | 552676108 | 11,218 | 347,199 | SH | DFND | 1 | 175,916 | 0 | 171,283 | |
| Medifast Inc. | COM | 58470H101 | 9,260 | 51,298 | SH | DFND | 1 | 26,359 | 0 | 24,939 | |
| Merck & Co. Inc. | COM | 58933Y105 | 666 | 7,300 | SH | DFND | 1 | 7,300 | 0 | 0 | |
| Meridian Bioscience Inc. | COM | 589584101 | 22,517 | 740,198 | SH | DFND | 1 | 399,071 | 0 | 341,127 | |
| Meritor Inc. | COM | 59001K100 | 2 | 61 | SH | DFND | 1 | 61 | 0 | 0 | |
| Meta Platforms Inc. Class A | CL A | 30303M102 | 172 | 1,065 | SH | DFND | 1 | 1,065 | 0 | 0 | |
| Methode Electronics Inc. | COM | 591520200 | 19,706 | 532,030 | SH | DFND | 1 | 272,830 | 0 | 259,200 | |
| Microsoft Corporation | COM | 594918104 | 1,007 | 3,920 | SH | DFND | 1 | 3,920 | 0 | 0 | |
| Miller Industries Inc. | COM NEW | 600551204 | 7,802 | 344,136 | SH | DFND | 1 | 192,023 | 0 | 152,113 | |
| MillerKnoll Inc. | COM | 600544100 | 758 | 28,869 | SH | DFND | 1 | 13,219 | 0 | 15,650 | |
| MKS Instruments Inc. | COM | 55306N104 | 20,016 | 195,028 | SH | DFND | 1 | 103,284 | 0 | 91,744 | |
| Mohawk Industries Inc. | COM | 608190104 | 261 | 2,100 | SH | DFND | 1 | 2,100 | 0 | 0 | |
| Morgan Stanley | COM NEW | 617446448 | 1,027 | 13,500 | SH | DFND | 1 | 13,500 | 0 | 0 | |
| Mueller Industries Inc. | COM | 624756102 | 35,366 | 663,655 | SH | DFND | 1 | 343,168 | 0 | 320,487 | |
| National Healthcare Corp. | COM | 635906100 | 6,396 | 91,500 | SH | DFND | 1 | 44,550 | 0 | 46,950 | |
| National Retail Properties Inc | COM | 637417106 | 611 | 14,210 | SH | DFND | 1 | 12,210 | 0 | 2,000 | |
| Newmark Group Inc. Class A | CL A | 65158N102 | 9,841 | 1,017,657 | SH | DFND | 1 | 553,446 | 0 | 464,211 | |
| Nomad Foods Limited | USD ORD SHS | G6564A105 | 16,692 | 835,000 | SH | DFND | 1 | 433,272 | 0 | 401,728 | |
| NorthWestern Corp. | COM NEW | 668074305 | 43,862 | 744,312 | SH | DFND | 1 | 386,487 | 0 | 357,825 | |
| nVent Electric plc | SHS | G6700G107 | 16 | 520 | SH | DFND | 1 | 520 | 0 | 0 | |
| NXP Semiconductors N.V. | COM | N6596X109 | 15 | 100 | SH | DFND | 1 | 100 | 0 | 0 | |
| Occidental Petroleum Corp. War | *W EXP 08/03/202 | 674599162 | 9 | 231 | SH | DFND | 1 | 231 | 0 | 0 | |
| OceanFirst Financial Corp. | COM | 675234108 | 15,948 | 833,651 | SH | DFND | 1 | 421,399 | 0 | 412,252 | |
| Old Republic Intl Corp. | COM | 680223104 | 23,362 | 1,044,808 | SH | DFND | 1 | 534,101 | 0 | 510,707 | |
| Onto Innovations Inc. | COM | 683344105 | 20,711 | 296,970 | SH | DFND | 1 | 153,204 | 0 | 143,766 | |
| OraSure Technologies Inc. | COM | 68554V108 | 5,418 | 1,999,213 | SH | DFND | 1 | 1,120,896 | 0 | 878,317 | |
| Organon & Co. | COMMON STOCK | 68622V106 | 25 | 730 | SH | DFND | 1 | 730 | 0 | 0 | |
| Oshkosh Corp. | COM | 688239201 | 12,777 | 155,551 | SH | DFND | 1 | 84,577 | 0 | 70,974 | |
| OSI Systems Inc. | COM | 671044105 | 14,737 | 172,485 | SH | DFND | 1 | 86,356 | 0 | 86,129 | |
| Otis Worldwide Corp. 4/3/2020 | COM | 68902V107 | 212 | 3,000 | SH | DFND | 1 | 3,000 | 0 | 0 | |
| OUTFRONT Media Inc. (REIT) | COM | 69007J106 | 703 | 41,460 | SH | DFND | 1 | 35,960 | 0 | 5,500 | |
| Ovintiv Inc. | COM | 69047Q102 | 23,875 | 540,273 | SH | DFND | 1 | 270,626 | 0 | 269,647 | |
| Owens Corning New | COM | 690742101 | 21,892 | 294,597 | SH | DFND | 1 | 148,778 | 0 | 145,819 | |
| Perficient Inc. | COM | 71375U101 | 11,315 | 123,404 | SH | DFND | 1 | 63,199 | 0 | 60,205 | |
| Perion Network Ltd. | SHS NEW | M78673114 | 7,257 | 399,182 | SH | DFND | 1 | 214,718 | 0 | 184,464 | |
| Perrigo Co. PLC | SHS | G97822103 | 12,103 | 298,331 | SH | DFND | 1 | 168,086 | 0 | 130,245 | |
| PGT Innovations Inc. | COM | 69336V101 | 16,943 | 1,018,208 | SH | DFND | 1 | 527,620 | 0 | 490,588 | |
| Physicians Realty Trust (REIT) | COM | 71943U104 | 27,792 | 1,592,665 | SH | DFND | 1 | 851,604 | 0 | 741,061 | |
| Piedmont Office Realty Trust I | COM CL A | 720190206 | 9,390 | 715,729 | SH | DFND | 1 | 373,092 | 0 | 342,637 | |
| Pinnacle West Capital Corporat | COM | 723484101 | 1,040 | 14,220 | SH | DFND | 1 | 12,170 | 0 | 2,050 | |
| Piper Sandler Companies | COM | 724078100 | 27,964 | 246,680 | SH | DFND | 1 | 131,457 | 0 | 115,223 | |
| PNC Financial Services Group I | COM | 693475105 | 726 | 4,600 | SH | DFND | 1 | 4,600 | 0 | 0 | |
| Polaris Industries Inc. | COM | 731068102 | 20,318 | 204,654 | SH | DFND | 1 | 103,225 | 0 | 101,429 | |
| Portland General Electric | COM NEW | 736508847 | 11,518 | 238,330 | SH | DFND | 1 | 121,371 | 0 | 116,959 | |
| Progress Software Corp. | COM | 743312100 | 20,765 | 458,387 | SH | DFND | 1 | 230,857 | 0 | 227,530 | |
| Provident Financial Services I | COM | 74386T105 | 16,592 | 745,374 | SH | DFND | 1 | 375,688 | 0 | 369,686 | |
| Prudential Financial Inc. | COM | 744320102 | 316 | 3,300 | SH | DFND | 1 | 3,300 | 0 | 0 | |
| Pulte Homes Inc. | COM | 745867101 | 11,492 | 289,977 | SH | DFND | 1 | 156,086 | 0 | 133,891 | |
| Qorvo Inc. | COM | 74736K101 | 15,891 | 168,476 | SH | DFND | 1 | 92,568 | 0 | 75,908 | |
| Quanex Building Products Corpo | COM | 747619104 | 24,082 | 1,058,569 | SH | DFND | 1 | 545,268 | 0 | 513,301 | |
| Ralph Lauren Corp. | CL A | 751212101 | 1,718 | 19,163 | SH | DFND | 1 | 16,258 | 0 | 2,905 | |
| Raymond James Financial Inc. | COM | 754730109 | 1,668 | 18,651 | SH | DFND | 1 | 15,766 | 0 | 2,885 | |
| Raytheon Technologies Corp. | COM | 75513E101 | 577 | 6,000 | SH | DFND | 1 | 6,000 | 0 | 0 | |
| Regal Rexnord Corp. | COM | 758750103 | 32,025 | 282,106 | SH | DFND | 1 | 147,695 | 0 | 134,411 | |
| REX American Resources Corp. | COM | 761624105 | 24,057 | 283,693 | SH | DFND | 1 | 142,868 | 0 | 140,825 | |
| Sabra Health Care REIT Inc. | COM | 78573L106 | 20,230 | 1,448,090 | SH | DFND | 1 | 768,023 | 0 | 680,067 | |
| SANDERSON FARMS | COM | 800013104 | 2 | 11 | SH | DFND | 1 | 11 | 0 | 0 | |
| Sandy Spring Bancorp Inc. | COM | 800363103 | 29,285 | 749,544 | SH | DFND | 1 | 390,053 | 0 | 359,491 | |
| Schlumberger Limited | COM | 806857108 | 297 | 8,300 | SH | DFND | 1 | 8,300 | 0 | 0 | |
| Schnitzer Steel Industries Inc | COM | 806882106 | 15,622 | 475,694 | SH | DFND | 1 | 252,125 | 0 | 223,569 | |
| Science Applications Internati | COM | 808625107 | 24,627 | 264,524 | SH | DFND | 1 | 146,890 | 0 | 117,634 | |
| Selective Insurance Group Inc. | COM | 816300107 | 38,416 | 441,869 | SH | DFND | 1 | 235,751 | 0 | 206,118 | |
| Signature Bank | COM | 82669G104 | 1,169 | 6,524 | SH | DFND | 1 | 5,774 | 0 | 750 | |
| Silicom Ltd. | ORD | M84116108 | 18,646 | 554,130 | SH | DFND | 1 | 280,379 | 0 | 273,751 | |
| Silicon Motion Technology Corp | SPONSORED ADR | 82706C108 | 44,744 | 534,571 | SH | DFND | 1 | 283,826 | 0 | 250,745 | |
| Skyworks Solutions Inc. | COM | 83088M102 | 940 | 10,150 | SH | DFND | 1 | 8,550 | 0 | 1,600 | |
| Sonos Inc. | COM | 83570H108 | 11,495 | 637,178 | SH | DFND | 1 | 325,217 | 0 | 311,961 | |
| Spectrum Brands Holdings Inc. | COM | 84790A105 | 28,051 | 341,996 | SH | DFND | 1 | 190,236 | 0 | 151,760 | |
| State Street Corp. | COM | 857477103 | 333 | 5,400 | SH | DFND | 1 | 5,400 | 0 | 0 | |
| Steven Madden Ltd. | COM | 556269108 | 17,014 | 528,207 | SH | DFND | 1 | 263,398 | 0 | 264,809 | |
| Stifel Financial Corp. | CL A | 860630102 | 24,546 | 438,172 | SH | DFND | 1 | 232,983 | 0 | 205,189 | |
| Stoneridge Inc. | COM | 86183P102 | 4,368 | 254,687 | SH | DFND | 1 | 136,503 | 0 | 118,184 | |
| Strategic Education Inc. | COM | 86272C103 | 1,767 | 25,030 | SH | DFND | 1 | 20,880 | 0 | 4,150 | |
| Stride Inc. | COM | 86333M108 | 21,323 | 522,760 | SH | DFND | 1 | 273,744 | 0 | 249,016 | |
| Summit Hotel Properties Inc. ( | COM | 866082100 | 8,483 | 1,166,810 | SH | DFND | 1 | 640,190 | 0 | 526,620 | |
| Sylvamo Corp. | COMMON STOCK | 871332102 | 21 | 645 | SH | DFND | 1 | 645 | 0 | 0 | |
| Tapestry Inc. | COM | 876030107 | 14,707 | 481,895 | SH | DFND | 1 | 262,173 | 0 | 219,722 | |
| Tetra Tech Inc. | COM | 88162G103 | 8,969 | 65,681 | SH | DFND | 1 | 35,589 | 0 | 30,092 | |
| TimkenSteel Corporation | COM | 887399103 | 19,534 | 1,044,017 | SH | DFND | 1 | 532,371 | 0 | 511,646 | |
| Tower Semiconductor Ltd. | SHS NEW | M87915274 | 19,751 | 427,636 | SH | DFND | 1 | 271,595 | 0 | 156,041 | |
| Trane Technologies plc | SHS | G8994E103 | 649 | 5,000 | SH | DFND | 1 | 5,000 | 0 | 0 | |
| Travel and Leisure Co. | COM | 894164102 | 280 | 7,200 | SH | DFND | 1 | 7,200 | 0 | 0 | |
| Trinseo PLC | SHS | G9059U107 | 11,117 | 289,054 | SH | DFND | 1 | 152,914 | 0 | 136,140 | |
| Truist Financial Corp. | COM | 89832Q109 | 363 | 7,659 | SH | DFND | 1 | 7,659 | 0 | 0 | |
| Trustco Bank Corp NY (new) | COM NEW | 898349204 | 24,714 | 801,373 | SH | DFND | 1 | 407,099 | 0 | 394,274 | |
| Turtle Beach Corp. | COM NEW | 900450206 | 1,065 | 87,078 | SH | DFND | 1 | 62,240 | 0 | 24,838 | |
| Umpqua Holdings Corp. | COM | 904214103 | 25,859 | 1,542,000 | SH | DFND | 1 | 785,093 | 0 | 756,907 | |
| United Bankshares Inc. | COM | 909907107 | 6,312 | 179,973 | SH | DFND | 1 | 85,846 | 0 | 94,127 | |
| United Community Banks Inc. | COM | 90984P303 | 26,077 | 863,772 | SH | DFND | 1 | 432,320 | 0 | 431,452 | |
| United Fire Group Inc. | COM | 910340108 | 7,678 | 224,292 | SH | DFND | 1 | 116,664 | 0 | 107,628 | |
| Universal Display Corp. | COM | 91347P105 | 9,589 | 94,811 | SH | DFND | 1 | 51,230 | 0 | 43,581 | |
| Urban Outfitters Inc. | COM | 917047102 | 16,148 | 865,384 | SH | DFND | 1 | 458,798 | 0 | 406,586 | |
| VANGUARD SM CAP VALUE ETF | SM CP VAL ETF | 922908611 | 5 | 35 | SH | DFND | 1 | 35 | 0 | 0 | |
| Village Super Market Inc. | CL A NEW | 927107409 | 10,396 | 455,767 | SH | DFND | 1 | 259,254 | 0 | 196,513 | |
| Visa Inc. CL A | COM | 92826C839 | 1,634 | 8,300 | SH | DFND | 1 | 8,300 | 0 | 0 | |
| Vishay Intertechnology Inc. | COM | 928298108 | 20,584 | 1,155,130 | SH | DFND | 1 | 630,366 | 0 | 524,764 | |
| Visteon Corp. | COM NEW | 92839U206 | 19,833 | 191,473 | SH | DFND | 1 | 101,643 | 0 | 89,830 | |
| Warner Bros. Discovery Inc. Se | COM SER A | 934423104 | 2 | 120 | SH | DFND | 1 | 120 | 0 | 0 | |
| Washington Federal Inc. | COM | 938824109 | 37,792 | 1,258,888 | SH | DFND | 1 | 655,615 | 0 | 603,273 | |
| Washington Trust Bancorp Inc. | COM | 940610108 | 8,717 | 180,216 | SH | DFND | 1 | 92,051 | 0 | 88,165 | |
| Webster Financial Corp. | COM | 947890109 | 35,595 | 844,488 | SH | DFND | 1 | 437,841 | 0 | 406,647 | |
| Western Alliance Bancorp. | COM | 957638109 | 17,486 | 247,678 | SH | DFND | 1 | 126,629 | 0 | 121,049 | |
| Whole Earth Brands Inc Class A | COM CL A | 96684W100 | 6,989 | 1,127,189 | SH | DFND | 1 | 603,643 | 0 | 523,546 | |
| Williams-Sonoma Inc. | COM | 969904101 | 22,578 | 203,494 | SH | DFND | 1 | 107,931 | 0 | 95,563 | |
| Wyndham Hotels & Resorts Inc. | COM | 98311A105 | 473 | 7,200 | SH | DFND | 1 | 7,200 | 0 | 0 | |
| Xperi Holding Corp. | COM | 98390M103 | 6 | 431 | SH | DFND | 1 | 431 | 0 | 0 | |
| Zions Bancorp N.A. | COM | 989701107 | 793 | 15,575 | SH | DFND | 1 | 13,125 | 0 | 2,450 | |