Ramsey Quantitative Systems 13F-HR Quarterly holdings report by institutional manager

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
CAMBIUM LEARNING GROUP INC	COM	13201A107	262	46,168	SH		SOLE		46,168	0	0
ABM INDUSTRIES INC	COM	000957100	218	5,778	SH		SOLE		5,778	0	0
AMERICAN CAMPUS COMMUNITIES INC	COM	024835100	274	6,687	SH		SOLE		6,687	0	0
AGREE REALTY CORP	COM	008492100	309	6,004	SH		SOLE		6,004	0	0
ADTRAN INC	COM	00738A106	237	12,255	SH		SOLE		12,255	0	0
ADVANCED ENERGY INDS INC	COM	007973100	193	2,862	SH		SOLE		2,862	0	0
AES CORP	COM	00130H105	291	26,909	SH		SOLE		26,909	0	0
ARGO GROUP INTERNATIONAL	COM	G0464B107	294	4,763	SH		SOLE		4,763	0	0
ADECOAGRO SA	COM	L00849106	458	44,268	SH		SOLE		44,268	0	0
ASPEN INSURANCE HOLDINGS LTD	SHS	G05384105	297	7,314	SH		SOLE		7,314	0	0
APOLLO INVESTMENT CORP	COM	03761U106	51	9,097	SH		SOLE		9,097	0	0
APPLIED INDUSTRIAL TECHNOLOGIES INC	COM	03820C105	304	4,467	SH		SOLE		4,467	0	0
ASSURANT INC	COM	04621X108	315	3,120	SH		SOLE		3,120	0	0
ACADIA REALTY TRUST	COM SH BEN INT	004239109	236	8,615	SH		SOLE		8,615	0	0
AIR LEASE CORP	CL A	00912X302	268	5,581	SH		SOLE		5,581	0	0
ALAMO GROUP INC	COM	011311107	125	1,106	SH		SOLE		1,106	0	0
AMERICAN NATL BANKSHARES	COM	027745108	33	855	SH		SOLE		855	0	0
AMERICAN WOODMARK CORP	COM	030506109	403	3,097	SH		SOLE		3,097	0	0
AUTONATION INC	COM	05329W102	263	5,116	SH		SOLE		5,116	0	0
ALPHA AND OMEGA SEMICONDUCTR	SHS	G6331P104	94	5,761	SH		SOLE		5,761	0	0
ARC DOCUMENT SOLUTIONS INC	COM	00191G103	47	18,419	SH		SOLE		18,419	0	0
AUSTAL LTD	COM	045487105	243	9,586	SH		SOLE		9,586	0	0
ON ASSIGNMENT INC	COM	682159108	606	9,433	SH		SOLE		9,433	0	0
AUDIOCODES LTD	ORD	M15342104	268	36,442	SH		SOLE		36,442	0	0
ARMSTRONG WORLD INDUSTRIES	COM	04247X102	287	4,745	SH		SOLE		4,745	0	0
ANIXTER INTERNATIONAL INC	COM	035290105	260	3,426	SH		SOLE		3,426	0	0
AXIS CAPITAL HOLDINGS	SHS	G0692U109	262	5,215	SH		SOLE		5,215	0	0
ATLANTICA YIELDS PLC	SHS	G0751N103	230	10,836	SH		SOLE		10,836	0	0
ASPEN TECHNOLOGY INC	COM	045327103	249	3,759	SH		SOLE		3,759	0	0
BARNES GROUP INC	COM	067806109	263	4,154	SH		SOLE		4,154	0	0
BOOZ ALLEN HAMILTON HOLDINGS	CL A	099502106	302	7,918	SH		SOLE		7,918	0	0
BANCFIRST CORP/OK	COM	05945F103	43	844	SH		SOLE		844	0	0
BEASLEY BROADCAST GROUP INC	CL A	074014101	79	5,903	SH		SOLE		5,903	0	0
BRUNSWICK CORP	COM	117043109	264	4,788	SH		SOLE		4,788	0	0
BEACON ROOFING SUPPLY	COM	073685109	279	4,376	SH		SOLE		4,376	0	0
BERRY GLOBAL GROUP INC	COM	08579W103	305	5,198	SH		SOLE		5,198	0	0
BGC PARTNERS INC-CL A	CL A	05541T101	546	36,136	SH		SOLE		36,136	0	0
BRIGGS & STRATTON	COM	109043109	244	9,624	SH		SOLE		9,624	0	0
B&G FOODS INC	COM	05508R106	268	7,626	SH		SOLE		7,626	0	0
BERKSHIRE HILLS BANCORP INC	COM	084680107	286	7,816	SH		SOLE		7,816	0	0
BIG LOTS INC	COM	045327103	265	4,727	SH		SOLE		4,727	0	0
BLACKROCK CAPITAL INVT CORP	COM	092533108	79	12,696	SH		SOLE		12,696	0	0
BLACK HILLS CORP	COM	092113109	223	3,716	SH		SOLE		3,716	0	0
BANKUNITED INC	COM	06652K103	625	15,355	SH		SOLE		15,355	0	0
BANK OF MARIN BANCORP	COM	063425102	36	524	SH		SOLE		524	0	0
BRYN MAWR BANK CORP	COM	117665109	12	282	SH		SOLE		282	0	0
BOK FINANCIAL CORP	COM NEW	05561Q201	305	3,309	SH		SOLE		3,309	0	0
POPULAR INC	COM NEW	733174700	294	8,294	SH		SOLE		8,294	0	0
BRUKER CORPORATION	COM	116794108	341	9,950	SH		SOLE		9,950	0	0
BRIXMOR PROPERTY GROUP INC	COM	11120U105	297	15,899	SH		SOLE		15,899	0	0
BASSETT FURNITURE INDS	COM	070203104	22	581	SH		SOLE		581	0	0
SIERRA BANCORP/CA	COM	82620P102	77	2,902	SH		SOLE		2,902	0	0
FIRST BUSEY CORP	COM NEW	319383204	44	1,475	SH		SOLE		1,475	0	0
BANKWELL FINANCIAL GROUP INC	COM	06654A103	23	682	SH		SOLE		682	0	0
BWX TECHNOLOGIES INC	COM	05605H100	315	5,209	SH		SOLE		5,209	0	0
BANCORPSOUTH INC	COM	05971J102	241	7,675	SH		SOLE		7,675	0	0
BOYD GAMING CORP	COM	103304101	291	8,297	SH		SOLE		8,297	0	0
CACI INTERNATIONAL INC	CL A	127190304	278	2,099	SH		SOLE		2,099	0	0
CHEESECAKE FACTORY INC/THE	COM	163072101	261	5,421	SH		SOLE		5,421	0	0
CAMBRIDGE BANCORP	COM	132152109	11	140	SH		SOLE		140	0	0
CATHAY GENERAL BANCORP	COM	149150104	552	13,082	SH		SOLE		13,082	0	0
CABOT	COM	127055101	320	5,200	SH		SOLE		5,200	0	0
COMMUNITY BANK SYSTEM INC	COM	302607106	236	4,387	SH		SOLE		4,387	0	0
CBIZ INC	COM	124805102	99	6,383	SH		SOLE		6,383	0	0
CAPITAL CITY BK GROUP INC	COM	139674105	98	4,265	SH		SOLE		4,265	0	0
CHASE CORP	COM	16150R104	74	617	SH		SOLE		617	0	0
CABOT MICROELECTRONICS CORPORATION	COM	12709P103	347	3,693	SH		SOLE		3,693	0	0
COGENT COMMUNICATIONS HLDGS	COM NEW	19239V302	204	4,499	SH		SOLE		4,499	0	0
CAPITOL FEDERAL FINANCIAL IN	COM	14057J101	236	17,587	SH		SOLE		17,587	0	0
COLFAX CORP	COM	194014106	281	7,097	SH		SOLE		7,097	0	0
CHARTER FINANCIAL CORP/MD	COM	16122W108	88	4,993	SH		SOLE		4,993	0	0
CHOICE HOTELS INTL INC	COM	169905106	363	4,681	SH		SOLE		4,681	0	0
CHEMUNG FINANCIAL CORP	COM	164024101	9	195	SH		SOLE		195	0	0
CORELOGIC	COM	21871D103	239	5,171	SH		SOLE		5,171	0	0
CELESTICA INC	SUB VTG SHS	15101Q108	278	26,569	SH		SOLE		26,569	0	0
CNO FINANCIAL GROUP INC	COM	12621E103	561	22,708	SH		SOLE		22,708	0	0
CONSOLIDATED COMM HLDGS INC	COM	209034107	154	12,650	SH		SOLE		12,650	0	0
CENTURY CASINOS INC	COM	156492100	48	5,312	SH		SOLE		5,312	0	0
COLUMBIA BANKING SYSTEM INC	COM	229899109	242	5,573	SH		SOLE		5,573	0	0
CORESITE REALTY CORP	COM	12621E103	249	2,189	SH		SOLE		2,189	0	0
COOPER-STANDARD HOLDING INC	COM	21676P103	311	2,538	SH		SOLE		2,538	0	0
CRANE CO	COM	224399105	329	3,692	SH		SOLE		3,692	0	0
CRH MEDICAL CORP	COM	12626F105	128	48,291	SH		SOLE		48,291	0	0
CARTER'S INC	COM	146229109	295	2,507	SH		SOLE		2,507	0	0
CARETRUST REIT INC	COM	14174T107	215	12,831	SH		SOLE		12,831	0	0
CUBESMART	COM	222795106	258	8,910	SH		SOLE		8,910	0	0
CENTRAL VALLEY CMNTY BANCORP	COM	155685100	92	4,581	SH		SOLE		4,581	0	0
CIVEO CORP	COM	17878Y108	125	45,808	SH		SOLE		45,808	0	0
COMMVAULT SYSTEMS INC	COM	204166102	500	9,527	SH		SOLE		9,527	0	0
CODORUS VALLEY BANCORP	COM	192025104	58	2,122	SH		SOLE		2,122	0	0
CURTISS-WRIGHT CORPORATION	COM	231561101	344	2,821	SH		SOLE		2,821	0	0
CASELLA WASTE SYS INC -CL A	CL A	147448104	123	5,348	SH		SOLE		5,348	0	0
CYBERARK SOFTWARE LTD	SHS	M2682V108	237	5,723	SH		SOLE		5,723	0	0
CHINA YUCHAI INTERNATIONAL	COM	G21082105	300	12,517	SH		SOLE		12,517	0	0
DANA HOLDING CORP	COM	235825205	255	7,954	SH		SOLE		7,954	0	0
DARLING INGREDIENTS INC	COM	237266101	241	13,288	SH		SOLE		13,288	0	0
DENNY'S CORPORATION	COM	24869P104	246	18,556	SH		SOLE		18,556	0	0
DONEGAL GROUP INC	CL A	257701201	10	582	SH		SOLE		582	0	0
THE DUN & BRADSTREET CORPORATION	COM	26483E100	299	2,526	SH		SOLE		2,526	0	0
DST SYSTEMS INC	COM	233326107	336	5,416	SH		SOLE		5,416	0	0
MERIDIAN BANCORP INC (MD)	COM	58958U103	96	4,673	SH		SOLE		4,673	0	0
ENTERPRISE BANCORP INC/MA	COM	293668109	97	2,857	SH		SOLE		2,857	0	0
ENTERPRISE FINL SERVICES CP	COM	293712105	48	1,058	SH		SOLE		1,058	0	0
NIC INC	COM	62914B100	237	14,265	SH		SOLE		14,265	0	0
EMPLOYERS HOLDINGS INC	COM	292218104	49	1,101	SH		SOLE		1,101	0	0
CALLAWAY GOLF COMPANY	COM	131193104	517	37,149	SH		SOLE		37,149	0	0
ISHARES USD EMRG MKTS BOND	JPMORGAN USD EMG	464288281	10,975	94,527	SH		SOLE		94,527	0	0
EMC INSURANCE GROUP INC	COM	268664109	10	332	SH		SOLE		332	0	0
EMCOR GROUP INC	COM	29084Q100	593	7,250	SH		SOLE		7,250	0	0
ENTEGRIS INC	COM	29362U104	225	7,405	SH		SOLE		7,405	0	0
EPAM SYSTEMS INC	COM	29414B104	650	6,047	SH		SOLE		6,047	0	0
EDGEWELL PERSONAL CARE COMPANY	COM	28035Q102	222	3,735	SH		SOLE		3,735	0	0
ESCO TECHNOLOGIES INC	COM	296315104	62	1,022	SH		SOLE		1,022	0	0
ESSENT GROUP LTD	COM	G3198U102	321	7,397	SH		SOLE		7,397	0	0
EVERCORE PARTNERS INC-CL A	CLASS A	29977A105	272	3,027	SH		SOLE		3,027	0	0
EVERI HOLDINGS INC	COM	30034T103	69	9,086	SH		SOLE		9,086	0	0
EVERTEC INC	COM	30040P103	221	16,169	SH		SOLE		16,169	0	0
FIRST CMNTY BANCSHARES INC	COM	31983A103	79	2,754	SH		SOLE		2,754	0	0
FIRST COMMONWEATLH FINANCIAL	COM	302445101	239	16,657	SH		SOLE		16,657	0	0
FIRST DEFIANCE FINANCIAL CP	COM	32006W106	43	821	SH		SOLE		821	0	0
FRESH DEL MONTE PRODUCE INC	ORD	G36738105	260	5,449	SH		SOLE		5,449	0	0
FIRST FOUNDATION INC	COM	32026V104	11	570	SH		SOLE		570	0	0
FIRST GUARANTY BANCSHARES	COM	32043P106	11	427	SH		SOLE		427	0	0
FIRST INTERSTATE BANCSYSTEM	COM CL A	32055Y201	307	7,671	SH		SOLE		7,671	0	0
FEDERATED INVESTORS	CL B	314211103	282	7,805	SH		SOLE		7,805	0	0
FINANCIAL INSTITUTIONS INC	COM	317585404	113	3,630	SH		SOLE		3,630	0	0
FLIR SYSTEMS INC	COM	393657101	339	7,278	SH		SOLE		7,278	0	0
FLOWERS FOODS INC	COM	343498101	246	12,744	SH		SOLE		12,744	0	0
FARMERS & MERCHANTS BCP/OH	COM	30779N105	24	595	SH		SOLE		595	0	0
FIRST MIDWEST BANCORP INC	COM	320867104	252	10,503	SH		SOLE		10,503	0	0
FARMERS NATL BANC CORP/OH	COM	309627107	10	681	SH		SOLE		681	0	0
FNB BANCORP CALIF	COM	302515101	13	354	SH		SOLE		354	0	0
FERRO CORP	COM	315405100	312	13,216	SH		SOLE		13,216	0	0
FIRST MERCHANTS CORP	COM	320817109	287	6,822	SH		SOLE		6,822	0	0
FRP HOLDINGS INC	COM	30292L107	282	6,376	SH		SOLE		6,376	0	0
FS INVESTMENT CORPORATION	COM	302635107	227	30,894	SH		SOLE		30,894	0	0
H.B. FULLER CO.	COM	359694106	230	4,265	SH		SOLE		4,265	0	0
FULTON FINANCIAL CORP	COM	360271100	520	29,032	SH		SOLE		29,032	0	0
GLADSTONE INVESTMENT CORP	COM	376546107	64	5,699	SH		SOLE		5,699	0	0
GLACIER BANCORP	COM	37637Q105	252	6,388	SH		SOLE		6,388	0	0
GUARANTY BANCORP	COM NEW	40075T607	24	864	SH		SOLE		864	0	0
GOLDEN ENTERTAINMENT INC	COM	381013101	168	5,147	SH		SOLE		5,147	0	0
GRAHAM CORP	COM	384556106	54	2,597	SH		SOLE		2,597	0	0
GILAT SATELLITE NETWORKS LTD	SHS NEW	M51474118	201	25,933	SH		SOLE		25,933	0	0
GRAPHIC PACKAGING HOLDING COMPANY	COM	388689101	328	21,225	SH		SOLE		21,225	0	0
GRAMERCY PROPERTY TRUST INC	COM NEW	385002308	218	8,166	SH		SOLE		8,166	0	0
GP STRATEGIES CORP	COM	36225V104	110	4,755	SH		SOLE		4,755	0	0
GREAT SOUTHERN BANCORP	COM	390905107	98	1,893	SH		SOLE		1,893	0	0
HALLMARK FINANCIAL SERVICES	COM NEW	40624Q203	77	7,377	SH		SOLE		7,377	0	0
HOME BANCORP INC	COM	43689E107	131	3,041	SH		SOLE		3,041	0	0
HANCOCK HOLDING CO	COM	410120109	246	4,975	SH		SOLE		4,975	0	0
HORIZON BANCORP/IN	COM	440407104	34	1,221	SH		SOLE		1,221	0	0
HUTTIG BUILDING PRODUCTS INC	COM	448451104	58	8,683	SH		SOLE		8,683	0	0
HERITAGE-CRYSTAL CLEAN INC	COM	42726M106	142	6,521	SH		SOLE		6,521	0	0
HACKETT GROUP INC	COM	404609109	185	11,784	SH		SOLE		11,784	0	0
HEALTHCARE SERVICES GROUP	COM	421906108	242	4,585	SH		SOLE		4,585	0	0
HAWAIIAN ELECTRIC INDUSTRIES INC	COM	422347104	240	6,652	SH		SOLE		6,652	0	0
HERITAGE FINANCIAL CORP	COM	42722X106	55	1,795	SH		SOLE		1,795	0	0
HILLENBRAND INC	COM	431571108	342	7,652	SH		SOLE		7,652	0	0
HALLADOR ENERGY CO	COM	40609P105	131	21,448	SH		SOLE		21,448	0	0
HOME BANCSHARES INC	COM	458118106	251	10,789	SH		SOLE		10,789	0	0
HOPE BANCORP INC	COM	45167R104	542	29,695	SH		SOLE		29,695	0	0
HEALTHCARE REALTY TRUST INC	COM	421946104	295	9,187	SH		SOLE		9,187	0	0
HILL-ROM HOLDINGS INC	COM	431475102	329	3,900	SH		SOLE		3,900	0	0
HEIDRICK & STRUGGLES INTL	COM	422819102	24	983	SH		SOLE		983	0	0
HOMETRUST BANCSHARES INC	COM	437872104	121	4,716	SH		SOLE		4,716	0	0
HILLTOP HOLDINGS INC	COM	432748101	287	11,330	SH		SOLE		11,330	0	0
HAWKINS INC	COM	420261109	123	3,506	SH		SOLE		3,506	0	0
HYSTER-YALE MATERIALS HNDLNG	CL A	449172105	23	271	SH		SOLE		271	0	0
IBOXX HIGH YIELD CORPORATE BOND	IBOXX HI YD ETF	464288513	10,524	120,604	SH		SOLE		120,604	0	0
HALYARD HEALTH INC	COM	40650V100	266	5,753	SH		SOLE		5,753	0	0
INDEPENDENT BANK CORP/MI	COM NEW	453838609	125	5,572	SH		SOLE		5,572	0	0
IBERIABANK CORPORATION	COM	44980X109	532	6,868	SH		SOLE		6,868	0	0
ICF INTERNATIONAL INC	COM	44925C103	207	3,945	SH		SOLE		3,945	0	0
IES HOLDINGS INC	COM	44951W106	30	1,760	SH		SOLE		1,760	0	0
INTL FCSTONE INC	COM	46116V105	33	785	SH		SOLE		785	0	0
INTERXION HOLDING NV	SHS	466313103	268	4,542	SH		SOLE		4,542	0	0
INTER PARFUMS INC	COM	458334109	245	5,633	SH		SOLE		5,633	0	0
INNOPHOS HOLDINGS INC	COM	45774N108	134	2,861	SH		SOLE		2,861	0	0
INVESTORS BANCORP, INC	COM	G54050102	245	17,637	SH		SOLE		17,637	0	0
ITRON INC	COM	465741106	261	3,830	SH		SOLE		3,830	0	0
ITT INC	COM	45073V108	357	6,694	SH		SOLE		6,694	0	0
INVESCO MORTGAGE CAPITAL INC	COM	46131B100	251	14,084	SH		SOLE		14,084	0	0
J2 GLOBAL INC	COM	48123V102	245	3,271	SH		SOLE		3,271	0	0
JACOBS ENGINEERING GROUP INC	COM	469814107	335	5,076	SH		SOLE		5,076	0	0
JOHNSON OUTDOORS INC -CL A	CL A	479167108	96	1,544	SH		SOLE		1,544	0	0
KAR AUCTION SERVICES INC	COM	48238T109	314	6,215	SH		SOLE		6,215	0	0
KIMBALL INTERNATIONAL -CL B	CL B	494274103	99	5,305	SH		SOLE		5,305	0	0
KB HOME	COM	48666K109	282	8,841	SH		SOLE		8,841	0	0
KEYSIGHT TECHNOLOGIES INC	COM	49338L103	294	7,070	SH		SOLE		7,070	0	0
KFORCE INC	COM	493732101	111	4,414	SH		SOLE		4,414	0	0
KORN/FERRY INTERNATIONAL	COM NEW	500643200	305	7,378	SH		SOLE		7,378	0	0
KIRKLAND LAKE GOLD LTD	COM	49741E100	53	3,440	SH		SOLE		3,440	0	0
KULICKE AND SOFFA INDUSTRIES INC	COM	501242101	59	2,433	SH		SOLE		2,433	0	0
KMG CHEMICALS INC	COM	482564101	138	2,092	SH		SOLE		2,092	0	0
KNOLL INC	COM NEW	498904200	66	2,886	SH		SOLE		2,886	0	0
KNIGHT TRANSPORTATION INC	COM	552690109	256	5,850	SH		SOLE		5,850	0	0
KEARNY FINANCIAL CORP	COM	48716P108	233	16,115	SH		SOLE		16,115	0	0
LANCASTER COLONY CORP	COM	513847103	568	4,396	SH		SOLE		4,396	0	0
LAWSON PRODUCTS	COM	520776105	22	909	SH		SOLE		909	0	0
LAZARD LTD-CL A	SHS A	G54050102	348	6,628	SH		SOLE		6,628	0	0
LCNB CORP	COM	50181P100	34	1,657	SH		SOLE		1,657	0	0
LIFETIME BRANDS INC	COM	53222Q103	174	10,520	SH		SOLE		10,520	0	0
LYDALL INC	COM	550819106	89	1,749	SH		SOLE		1,749	0	0
LINCOLN ELECTRIC	COM	533900106	294	3,210	SH		SOLE		3,210	0	0
LIMELIGHT NETWORKS INC	COM	53261M104	23	5,120	SH		SOLE		5,120	0	0
LEGG MASON INC	COM	524901105	267	6,352	SH		SOLE		6,352	0	0
GRAND CANYON EDUCATION INC	COM	38526M106	289	3,227	SH		SOLE		3,227	0	0
LPL FINANCIAL HOLDINGS INC	COM	50212V100	279	4,889	SH		SOLE		4,889	0	0
LIFEPOINT HEALTH INC	COM	595137100	251	5,036	SH		SOLE		5,036	0	0
K12 INC	COM	48273U102	94	5,942	SH		SOLE		5,942	0	0
LIFE STORAGE INC	COM	646025106	267	3,000	SH		SOLE		3,000	0	0
MERCANTILE BANK CORP	COM	587376104	68	1,920	SH		SOLE		1,920	0	0
MEDLEY CAPITAL CORP	COM	58503F106	50	9,560	SH		SOLE		9,560	0	0
MDU RESOURCES GROUP INC	COM	667340103	306	11,377	SH		SOLE		11,377	0	0
MAGIC SOFTWARE ENTERPRISES	ORD	559166103	270	32,247	SH		SOLE		32,247	0	0
MCGRATH RENTCORP	COM	580589109	71	1,506	SH		SOLE		1,506	0	0
THE MICHAELS COMPANIES INC	COM	59408Q106	302	12,488	SH		SOLE		12,488	0	0
MITEL NETWORKS CORP	COM	60671Q104	25	2,994	SH		SOLE		2,994	0	0
MARKETAXESS HOLDINGS INC	COM	57060D108	324	1,606	SH		SOLE		1,606	0	0
MAUI LAND & PINEAPPLE CO	COM	577345101	138	7,961	SH		SOLE		7,961	0	0
MILLER INDUSTRIES INC/TN	COM NEW	600551204	70	2,719	SH		SOLE		2,719	0	0
MERIT MEDICAL SYSTEMS INC	COM	712704105	275	6,373	SH		SOLE		6,373	0	0
MIDWESTONE FINANCIAL GROUP	COM	598511103	42	1,245	SH		SOLE		1,245	0	0
MEDICAL PROPERTIES TRUST INC	COM	58463J304	253	18,331	SH		SOLE		18,331	0	0
MSA SAFETY INCORPORATED	COM	553498106	285	3,680	SH		SOLE		3,680	0	0
MAINSOURCE FINL GROUP INC	COM	56062Y102	21	590	SH		SOLE		590	0	0
MGIC INVESTMENT CORP/W	COM	552848103	337	23,874	SH		SOLE		23,874	0	0
MINERALS TECHNOLOGIES	COM	603158106	283	4,116	SH		SOLE		4,116	0	0
MVC CAPITAL INC	COM	553829102	96	9,126	SH		SOLE		9,126	0	0
NAVIGANT CONSULTING INC	COM	63935N107	272	14,010	SH		SOLE		14,010	0	0
NCR CORPORATION	COM	62886E108	257	7,557	SH		SOLE		7,557	0	0
NATURAL GAS SERVICES GROUP	COM	63886Q109	26	980	SH		SOLE		980	0	0
NATIONAL HEALTHCARE CORP	COM	635906100	114	1,868	SH		SOLE		1,868	0	0
NEW JERSEY RESOURCES CORP	COM	69349H107	219	5,455	SH		SOLE		5,455	0	0
NL INDUSTRIES	COM NEW	629156407	199	13,986	SH		SOLE		13,986	0	0
NOVANTA INC USA	COM	67000B104	128	2,551	SH		SOLE		2,551	0	0
NEENAH PAPER INC	COM	640079109	25	274	SH		SOLE		274	0	0
NATIONAL RESEARCH CORP	CL A	637372202	26	690	SH		SOLE		690	0	0
NEW RESIDENTIAL INV CORP	COM NEW	64828T201	315	17,617	SH		SOLE		17,617	0	0
INSIGHT ENTERPRISES INC	COM	45765U103	45	1,184	SH		SOLE		1,184	0	0
NATIONSTAR MORTGAGE HOLDINGS	COM	63861C109	230	12,456	SH		SOLE		12,456	0	0
NETGEAR INC	COM	64111Q104	305	5,198	SH		SOLE		5,198	0	0
NU SKIN ENTERPRISES INC	CL A	67018T105	260	3,813	SH		SOLE		3,813	0	0
NUVASIVE INC	COM	736508847	250	4,275	SH		SOLE		4,275	0	0
NORTHWEST BANCSHARES INC	COM	699462107	240	14,375	SH		SOLE		14,375	0	0
OAKTREE STRATEGIC INCOME CP	COM	67402D104	32	3,833	SH		SOLE		3,833	0	0
OAKTREE SPECIALTY LENDING CP	COM	67401P108	49	9,963	SH		SOLE		9,963	0	0
OIL DRI CORP AMERICA	COM	677864100	116	2,798	SH		SOLE		2,798	0	0
ORTHOFIX INTERNATIONAL NV	COM	N6748L102	247	4,514	SH		SOLE		4,514	0	0
OLD LINE BANCSHARES INC	COM	67984M100	65	2,205	SH		SOLE		2,205	0	0
OM ASSET MANAGEMENT PLC	SHS	G67506108	338	20,163	SH		SOLE		20,163	0	0
OPPENHEIMER HOLDINGS INC	CL A NON VTG	683797104	24	890	SH		SOLE		890	0	0
ORMAT TECHNOLOGIES INC	COM	686688102	313	4,887	SH		SOLE		4,887	0	0
ORBCOMM INC	COM	68555P100	218	21,443	SH		SOLE		21,443	0	0
ORBOTECH LTD	ORD	M75253100	57	1,136	SH		SOLE		1,136	0	0
ORRSTOWN FINANCIAL SVCS INC	COM	687380105	24	932	SH		SOLE		932	0	0
OLD SECOND BANCORP INC/IL	COM	680277100	24	1,771	SH		SOLE		1,771	0	0
PENSKE AUTOMOTIVE GROUP INC	COM	70959W103	249	5,202	SH		SOLE		5,202	0	0
PAYCOM SOFTWARE INC	COM	70432V102	237	2,950	SH		SOLE		2,950	0	0
PATTERSON COS INC	COM	749685103	237	6,554	SH		SOLE		6,554	0	0
PEOPLES BANCORP INC/OH	COM	709789101	12	361	SH		SOLE		361	0	0
PINNACLE FOODS INC	COM	72348P104	310	5,209	SH		SOLE		5,209	0	0
PREMIER FINANCIAL BANCORP	COM	74050M105	103	5,131	SH		SOLE		5,131	0	0
PROVIDENT FINANCIAL SERVICES	COM	74386T105	240	8,916	SH		SOLE		8,916	0	0
PEAPACK-GLADSTONE FINL CORP	COM	704699107	33	940	SH		SOLE		940	0	0
PLY GEM HOLDINGS INC	COM	72941W100	59	3,193	SH		SOLE		3,193	0	0
PREFORMED LINE PRODUCTS CO	COM	740444104	47	660	SH		SOLE		660	0	0
EPLUS INC	COM	294268107	96	1,273	SH		SOLE		1,273	0	0
PINGTAN MARINE ENTERPRISE LT	SHS	G7114V102	78	25,589	SH		SOLE		25,589	0	0
PENNANTPARK INVESTMENT CORP	COM	708062104	81	11,663	SH		SOLE		11,663	0	0
POLYONE CORP	COM	73179P106	318	7,321	SH		SOLE		7,321	0	0
PORTLAND GENERAL ELECTRIC CO	COM NEW	817565104	232	5,080	SH		SOLE		5,080	0	0
POWELL INDUSTRIES INC	COM	739128106	46	1,609	SH		SOLE		1,609	0	0
PROASSURANCE CORP	COM	74267C106	310	5,426	SH		SOLE		5,426	0	0
QUANTA SERVICES INC	COM	74762E102	312	7,975	SH		SOLE		7,975	0	0
PAPA JOHN'S INTERNATIONAL INC	COM	698813102	200	3,564	SH		SOLE		3,564	0	0
QAD INC	CL B	74727D207	235	6,046	SH		SOLE		6,046	0	0
QCR HOLDINGS INC	COM	74727A104	123	2,865	SH		SOLE		2,865	0	0
QIAGEN NV	SHS NEW	N72482123	289	9,337	SH		SOLE		9,337	0	0
QUALITY SYSTEMS INC	COM	747582104	234	17,237	SH		SOLE		17,237	0	0
QUARTERHILL INC	COM	747713105	119	64,550	SH		SOLE		64,550	0	0
QTS REALTY TRUCT INC	COM CL A	556269108	227	4,192	SH		SOLE		4,192	0	0
REPUBLIC BANCORP INC/KY	CL A	760281204	9	242	SH		SOLE		242	0	0
RADIAN GROUP INC	COM	750236101	328	15,907	SH		SOLE		15,907	0	0
RESOURCES CONNECTION INC	COM	76122Q105	71	4,591	SH		SOLE		4,591	0	0
RADIANT LOGISTICS INC	COM	75025X100	20	4,397	SH		SOLE		4,397	0	0
RAMBUS INC	COM	84860W102	234	16,486	SH		SOLE		16,486	0	0
RIGNET INC	COM	766582100	102	6,802	SH		SOLE		6,802	0	0
RETAIL OPPORTUNITY INVESTMEN	COM	76131N101	269	13,488	SH		SOLE		13,488	0	0
RETAIL PPTYS OF AMERICA INC	CL A	76131V202	305	22,711	SH		SOLE		22,711	0	0
REXNORD CORPORATION	COM	76169B102	247	9,503	SH		SOLE		9,503	0	0
SANDERSON FARMS INC	COM	85571B105	225	1,621	SH		SOLE		1,621	0	0
SANMINA CORP	COM	801056102	255	7,731	SH		SOLE		7,731	0	0
STEELCASE INC	CL A	858155203	253	16,668	SH		SOLE		16,668	0	0
SCANSOURCE INC	COM	806037107	66	1,857	SH		SOLE		1,857	0	0
STIFEL FINANCIAL CORP	COM	860630102	272	4,573	SH		SOLE		4,573	0	0
SHIP FINANCE INTL LTD	SHS	G81075106	252	16,277	SH		SOLE		16,277	0	0
SUPERIOR UNIFORM GROUP INC	COM	868358102	25	921	SH		SOLE		921	0	0
STEVEN MADDEN LTD	COM	556269108	290	6,218	SH		SOLE		6,218	0	0
SELECTIVE INSURANCE GROUP INC	COM	816300107	319	5,430	SH		SOLE		5,430	0	0
SILICON LABORATORIES INC	COM	458665304	324	3,664	SH		SOLE		3,664	0	0
SOLAR CAPITAL LTD	COM	83413U100	89	4,426	SH		SOLE		4,426	0	0
SOUTHERN MISSOURI BANCORP	COM	843380106	80	2,128	SH		SOLE		2,128	0	0
SUPER MICRO COMPUTER INC	COM	86800U104	255	12,187	SH		SOLE		12,187	0	0
SUMMIT FINANCIAL GROUP INC	COM	86606G101	10	386	SH		SOLE		386	0	0
SEMTECH CORPORATION	COM	816850101	469	13,718	SH		SOLE		13,718	0	0
SIERRA METALS INC	COM	82639W106	184	74,033	SH		SOLE		74,033	0	0
SENIOR HOUSING PROPERTIES TRUST	SH BEN INT	81721M109	294	15,374	SH		SOLE		15,374	0	0
SYNOVUS FINANCIAL CORP	COM NEW	87161C501	308	6,420	SH		SOLE		6,420	0	0
SYNNEX CORPORATION	COM	87162W100	317	2,333	SH		SOLE		2,333	0	0
SP PLUS CORP	COM	78469C103	22	597	SH		SOLE		597	0	0
1ST SOURCE CORP	COM	336901103	23	468	SH		SOLE		468	0	0
SIMPSON MANUFACTURING INC	COM	829073105	250	4,351	SH		SOLE		4,351	0	0
STERLING BANCORP	COM	909458101	238	9,681	SH		SOLE		9,681	0	0
SOLAR SENIOR CAPITAL LTD	COM	83416M105	119	6,694	SH		SOLE		6,694	0	0
SCHWEITZER-MAUDUIT INTL INC	COM	808541106	105	2,325	SH		SOLE		2,325	0	0
STANDEX INTERNATIONAL CORP	COM	854231107	22	219	SH		SOLE		219	0	0
TRUEBLUE INC	COM	89785X101	268	9,756	SH		SOLE		9,756	0	0
TERRITORIAL BANCORP INC	COM	88145X108	112	3,626	SH		SOLE		3,626	0	0
THL CREDIT INC	COM	872438106	78	8,616	SH		SOLE		8,616	0	0
TELEPHONE AND DATA SYSTEMS	COM NEW	257559203	529	19,015	SH		SOLE		19,015	0	0
TELEDYNE TECHNOLOGIES INCORPORATED	COM	879360105	331	1,829	SH		SOLE		1,829	0	0
TASEKO MINES LTD	COM	876511106	79	33,897	SH		SOLE		33,897	0	0
FIRST FINANCIAL CORP/IN	COM	320218100	20	443	SH		SOLE		443	0	0
HANOVER INSURANCE GROUP INC	COM	410867105	330	3,053	SH		SOLE		3,053	0	0
TICC CAPITAL CORP	COM	87244T109	103	17,968	SH		SOLE		17,968	0	0
INTERFACE INC	COM	458665304	319	12,681	SH		SOLE		12,681	0	0
TEJON RANCH CO	COM	879080109	26	1,245	SH		SOLE		1,245	0	0
SPEEDWAY MOTORSPORTS INC	COM	847788106	275	14,584	SH		SOLE		14,584	0	0
TRINITY INDUSTRIES INC	COM	896522109	279	7,457	SH		SOLE		7,457	0	0
TRISTATE CAPITAL HLDGS INC	COM	89678F100	23	985	SH		SOLE		985	0	0
TPG SPECIALTY LENDING INC	COM	87265K102	30	1,528	SH		SOLE		1,528	0	0
TORO CO	COM	891092108	316	4,847	SH		SOLE		4,847	0	0
TETRA TECH INC	COM	88162F105	305	6,330	SH		SOLE		6,330	0	0
TECHTARGET INC	COM	87874R100	161	11,584	SH		SOLE		11,584	0	0
TWO HARBORS INVESTMENT CORP	COM	90187B408	201	12,373	SH		SOLE		12,373	0	0
URSTADT BIDDLE PROPERTIES	COM	917286106	23	1,035	SH		SOLE		1,035	0	0
UNITED COMMUNITY BANKS INC	COM	909839102	539	19,153	SH		SOLE		19,153	0	0
UNITED COMMUNITY FINL CORP	COM	909839102	89	9,765	SH		SOLE		9,765	0	0
NET 1 UEPS TECHNOLOGIES INC	COM NEW	64107N206	326	27,454	SH		SOLE		27,454	0	0
UNIFI INC	COM NEW	904677200	26	722	SH		SOLE		722	0	0
UNIVERSAL FOREST PRODUCTS	COM	913543104	336	8,943	SH		SOLE		8,943	0	0
DOMTAR CORP	COM NEW	257559203	254	5,125	SH		SOLE		5,125	0	0
UNIVAR INC	COM	91336L107	315	10,181	SH		SOLE		10,181	0	0
VECTRUS INC	COM	92242T101	49	1,584	SH		SOLE		1,584	0	0
VECTOR GROUP LTD	COM	92240M108	261	11,671	SH		SOLE		11,671	0	0
VALLEY NATIONAL BANCORP	COM	919794107	237	21,089	SH		SOLE		21,089	0	0
VALMONT INDUSTRIES INC	COM	920253101	311	1,874	SH		SOLE		1,874	0	0
VISHAY PRECISION GROUP INC	COM	92835K103	69	2,742	SH		SOLE		2,742	0	0
VALIDUS HOLDINGS LTD	COM SHS	G9319H102	283	6,040	SH		SOLE		6,040	0	0
VARONIS SYSTEMS INC	COM	922280102	345	7,113	SH		SOLE		7,113	0	0
VERINT SYSTEMS INC	COM	92343X100	291	6,964	SH		SOLE		6,964	0	0
VSE CORP	COM	918284100	111	2,287	SH		SOLE		2,287	0	0
VIAD CORP	COM NEW	92552R406	59	1,063	SH		SOLE		1,063	0	0
WASHINGTON FEDERAL INC	COM	938824109	239	6,969	SH		SOLE		6,969	0	0
WESTERN ALLIANCE BANCORPORATION	COM	957638109	315	5,570	SH		SOLE		5,570	0	0
WILLDAN GROUP INC	COM	96924N100	27	1,125	SH		SOLE		1,125	0	0
WESTERN NEW ENG BANCORP INC	COM	958892101	21	1,893	SH		SOLE		1,893	0	0
WORTHINGTON INDUSTRIES INC	COM	981811102	235	5,330	SH		SOLE		5,330	0	0
WEINGARTEN REALTY INVESTORS	SH BEN INT	948741103	262	7,964	SH		SOLE		7,964	0	0
WATERSTONE FINANCIAL INC	COM	94188P101	9	546	SH		SOLE		546	0	0
WILLIAMS-SONOMA INC	COM	969901101	243	4,699	SH		SOLE		4,699	0	0
WEST BANCORPORATION INC	CAP STK	95123P106	112	4,434	SH		SOLE		4,434	0	0
WOODWARD INC	COM	980745103	289	3,779	SH		SOLE		3,779	0	0
ZEBRA TECHNOLOGIES CORP CL A	CL A	989207105	282	2,715	SH		SOLE		2,715	0	0