Phocas Financial 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
Expires:	Oct 31, 2018
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
ABBOTT LABS	COM	002824100	315	4,360	SH		SOLE	0	4,360	0	0
ABBVIE INC	COM	00287Y109	3,290	35,690	SH		SOLE	0	35,690	0	0
ACADIA REALTY TRUST	COM	004239109	12,048	507,080	SH		SOLE	0	507,080	0	0
ACTIVISION INC NEW COM NEW	COM	00507V109	140	3,000	SH		SOLE	0	3,000	0	0
AGNC INVESTMENT CORP	COM	00123Q104	4	224	SH		SOLE	0	224	0	0
ALPS ETF TR	ALERIAN ENERGY	00162Q676	40	2,200	PRN		SOLE	0	2,200	0	0
ALEXANDRIA REAL ESTATE	COM	015271109	2,824	24,508	SH		SOLE	0	24,508	0	0
ALEXANDRIA REAL ESTATE PFD D	PFD CONV SER D	015271505	1,511	45,026	PRN		SOLE	0	45,026	0	0
ALPHABET INC CL A	COM	02079K305	886	848	SH		SOLE	0	848	0	0
ALPHABET INC CL C	COM	02079K107	119	115	SH		SOLE	0	115	0	0
ALPS ALERIAN MLP ETF	ALERIAN MLP	00162Q866	44	5,000	PRN		SOLE	0	5,000	0	0
ALTRIA GROUP INC	COM	02209S103	13	273	SH		SOLE	0	273	0	0
AMAZON.COM, INC	COM	023135106	35	23	SH		SOLE	0	23	0	0
AMERICAN EAGLE OUTFITTERS INC	COM	02553E106	8,415	435,319	SH		SOLE	0	435,319	0	0
AMERICAN ELECTRIC POWER COMPANY, INC.	COM	025537101	15	200	SH		SOLE	0	200	0	0
AMERICAN RIVER BANKSHARES	COM	029326105	78	5,614	SH		SOLE	0	5,614	0	0
AMERICAN TOWER CORP	COM	03027X100	1,195	7,552	SH		SOLE	0	7,552	0	0
AMGEN INC	COM	031162100	117	600	SH		SOLE	0	600	0	0
ANDEAVOR LOGISTICS LP	COM	03350F106	3	97	SH		SOLE	0	97	0	0
ANI PHARMACEUTICALS, INC.	COM	00182C103	5,829	129,476	SH		SOLE	0	129,476	0	0
ANTIGENICS INC DEL	COM	00847G705	7	3,000	SH		SOLE	0	3,000	0	0
APERGY CORP.	COM	03755L104	30	1,110	SH		SOLE	0	1,110	0	0
APPLE COMPUTER INC	COM	037833100	917	5,815	SH		SOLE	0	5,815	0	0
ARES CAPITAL CORPORATION	COM	04010L103	6	409	SH		SOLE	0	409	0	0
ASGN INCORPORATED	COM	00191U102	5,409	99,240	SH		SOLE	0	99,240	0	0
AT&T INC	COM	00206R102	663	23,235	SH		SOLE	0	23,235	0	0
ATKORE INTERNATIONAL GROUP INC.	COM	047649108	7,997	403,060	SH		SOLE	0	403,060	0	0
ATLANTIC CAPITAL BANCSHARES INC	COM	048269203	181	11,047	SH		SOLE	0	11,047	0	0
ATLAS AIR WORLDWIDE HOLDINGS, INC.	COM	049164205	6,876	162,978	SH		SOLE	0	162,978	0	0
ATMOS ENERGY CORP	COM	049560105	35	380	SH		SOLE	0	380	0	0
AUTOMATIC DATA PROCESS	COM	053015103	92	700	SH		SOLE	0	700	0	0
AVALONBAY COMMUNITIES	COM	053484101	3,113	17,888	SH		SOLE	0	17,888	0	0
AVX CORPORATION	COM	002444107	9,110	597,377	SH		SOLE	0	597,377	0	0
AXT INC.	COM	00246W103	2	400	SH		SOLE	0	400	0	0
AZZ INC	COM	002474104	4	106	SH		SOLE	0	106	0	0
B&G FOODS, INC	COM	05508R106	8,232	284,743	SH		SOLE	0	284,743	0	0
BANK AMER CORP	7.25%CNV PRD L	060505682	25	20	PRN		SOLE	0	20	0	0
BANK NEW YORK INC	COM	064058100	56	1,200	SH		SOLE	0	1,200	0	0
BANK OF AMERICA CORP	COM	060505104	151	6,140	SH		SOLE	0	6,140	0	0
BANNER CORP	COM	06652V208	9,433	176,392	SH		SOLE	0	176,392	0	0
BAXTER INTL INC	COM	071813109	66	1,000	SH		SOLE	0	1,000	0	0
BCE INC	COM	05534B760	4	100	SH		SOLE	0	100	0	0
BELDEN, INC.	COM	077454106	3,112	74,497	SH		SOLE	0	74,497	0	0
BERKSHIRE HATHAWAY CLASS B	COM	084670702	239	1,170	SH		SOLE	0	1,170	0	0
BLACK HILLS CORP	COM	092113109	5,959	94,911	SH		SOLE	0	94,911	0	0
BLACKSTONE GROUP	COM	09253U108	18	600	SH		SOLE	0	600	0	0
BOK FINANCIAL CORP	COM	05561Q201	20	270	SH		SOLE	0	270	0	0
BOSTON PROPERTIES INC	COM	101121101	1,502	13,342	SH		SOLE	0	13,342	0	0
BP PRUDHOE ROYALTY TRUST	COM	055630107	0	21	SH		SOLE	0	21	0	0
BRISTOL MYERS SQUIBB	COM	110122108	73	1,400	SH		SOLE	0	1,400	0	0
C&J ENERGY SERVICES, INC	COM	12674R100	2,983	220,959	SH		SOLE	0	220,959	0	0
CABOT MICROELECTRONICS CORPORATION	COM	12709P103	1,455	15,264	SH		SOLE	0	15,264	0	0
CACI INTERNATIONAL INC CLASS A	COM	127190304	9,302	64,584	SH		SOLE	0	64,584	0	0
CADENCE BANCORPORATION CLASS A	COM	12739A100	3,813	227,233	SH		SOLE	0	227,233	0	0
CALLON PETROLEUM CO	COM	13123X102	10,140	1,562,396	SH		SOLE	0	1,562,396	0	0
CAMDEN PROPERTY TRUST	COM	133131102	1,135	12,893	SH		SOLE	0	12,893	0	0
CBIZ INC	COM	124805102	15,869	805,509	SH		SOLE	0	805,509	0	0
CELGENE CORP	COM	151020104	77	1,203	SH		SOLE	0	1,203	0	0
CENTERSTATE BANKS INC	COM	15201P109	12,592	598,488	SH		SOLE	0	598,488	0	0
CERNER CORP	COM	156782104	10	200	SH		SOLE	0	200	0	0
CHEESECAKE FACTORY INCORPORATED	COM	163072101	4,280	98,367	SH		SOLE	0	98,367	0	0
CHEMBIO DIAGNOSTICS	COM	163572209	113	20,000	SH		SOLE	0	20,000	0	0
CHEMICAL FINANCIAL CORPORATION	COM	163731102	5,004	136,697	SH		SOLE	0	136,697	0	0
CHEVRON CORP NEW	COM	166764100	768	7,062	SH		SOLE	0	7,062	0	0
CHINA LIFE INSURANCE CO LTD	SPN ADR REP H	16939P106	1	54	PRN		SOLE	0	54	0	0
CHUBB LTD	COM	H1467J104	2	15	SH		SOLE	0	15	0	0
CIGNA CORP	COM	125509109	639	3,365	SH		SOLE	0	3,365	0	0
CINCINNATI BELL INC NEW	PFD CV DEP1/20	171871403	27	962	PRN		SOLE	0	962	0	0
CISCO SYS INC	COM	17275R102	26	600	SH		SOLE	0	600	0	0
CITIGROUP INC	COM	172967424	338	6,497	SH		SOLE	0	6,497	0	0
CLOROX CO DEL	COM	189054109	193	1,250	SH		SOLE	0	1,250	0	0
CLOVIS ONCOLOGY	COM	189464100	22	1,200	SH		SOLE	0	1,200	0	0
CNO FINANCIAL INC	COM	12621E103	3,810	256,081	SH		SOLE	0	256,081	0	0
COCA COLA EUROPEAN PARTNERS	SHS	G25839104	164	3,580	PRN		SOLE	0	3,580	0	0
COLGATE PALMOLIVE CO	COM	194162103	591	9,930	SH		SOLE	0	9,930	0	0
COLUMBUS MCKINNON CORPORATION	COM	199333105	7,357	244,097	SH		SOLE	0	244,097	0	0
COMPANHIA DE SANEAMENTO BASICO	SPONSORED ADR	20441A102	2	300	PRN		SOLE	0	300	0	0
COMPANIA DE MINAS BUENAVENTURA S.A.	COM	204448104	1	41	SH		SOLE	0	41	0	0
COMPASS DIVERSIFIED HOLDINGS	COM	20451Q104	5	393	SH		SOLE	0	393	0	0
COMTECH TELECOMMUNICAT COM NEW	COM	205826209	1	24	SH		SOLE	0	24	0	0
CONOCOPHILLIPS	COM	20825C104	19	300	SH		SOLE	0	300	0	0
CONSOLIDATED COMMUNICATIONS HOLDINGS INC	COM	209034107	3	270	SH		SOLE	0	270	0	0
CONTINENTAL RESOURCES	COM	212015101	22	540	SH		SOLE	0	540	0	0
CORESITE REALTY CORP	COM	21870Q105	1,435	16,455	SH		SOLE	0	16,455	0	0
CORPORATE OFFICE PROPERTIES TRUST	COM	22002T108	311	14,793	SH		SOLE	0	14,793	0	0
COSTCO WHSL CORP NEW	COM	22160K105	123	603	SH		SOLE	0	603	0	0
CROWN CRAFTS INC.	COM	228309100	4	797	SH		SOLE	0	797	0	0
CUBESMART	COM	229663109	505	17,600	SH		SOLE	0	17,600	0	0
CVS HEALTH CORP	COM	126650100	230	3,505	SH		SOLE	0	3,505	0	0
CYPRESS SEMICONDUCTOR	COM	232806109	11,498	903,948	SH		SOLE	0	903,948	0	0
D R HORTON INC	COM	23331A109	0	1	SH		SOLE	0	1	0	0
DARLING INGREDIENTS INC	COM	237266101	35	1,800	SH		SOLE	0	1,800	0	0
DELEK US HOLDINGS INC.	COM	24665A103	5,580	171,640	SH		SOLE	0	171,640	0	0
DOMINION RES VA NEW	COM	25746U109	44	620	SH		SOLE	0	620	0	0
DOVER CORP	COM	260003108	579	8,165	SH		SOLE	0	8,165	0	0
DOWDUPONT INC	COM	26078J100	343	6,415	SH		SOLE	0	6,415	0	0
DUKE ENERGY CORP	COM	26441C204	584	6,767	SH		SOLE	0	6,767	0	0
DYNEX CAPITAL	COM	26817Q506	6	1,000	SH		SOLE	0	1,000	0	0
EAGLE BANCORP, INC	COM	268948106	12,716	261,062	SH		SOLE	0	261,062	0	0
EASTGROUP	COM	277276101	569	6,200	SH		SOLE	0	6,200	0	0
EATON CORP	SHS	G29183103	529	7,700	PRN		SOLE	0	7,700	0	0
ELEVATE CREDIT INC	COM	28621V101	10	2,200	SH		SOLE	0	2,200	0	0
EMCOR GROUP INC	COM	29084Q100	6,612	110,767	SH		SOLE	0	110,767	0	0
EMERGENT BIO SOLUTIONS INC.	COM	29089Q105	12,010	202,595	SH		SOLE	0	202,595	0	0
EMMIS COMMUNICTNS CORP CL A	COM	291525400	239	75,078	SH		SOLE	0	75,078	0	0
ENERGY TRANSFER LP	COM	29273V100	7	500	SH		SOLE	0	500	0	0
ENTERCOM COMM CORP CL A	COM	293639100	2,802	490,759	SH		SOLE	0	490,759	0	0
ENTERPRISE FINANCIAL SERVICES	COM	293712105	8,079	214,696	SH		SOLE	0	214,696	0	0
ENTERPRISE PRODUCTS PARTNERS	COM	293792107	124	5,036	SH		SOLE	0	5,036	0	0
EQUITY LIFESTYLE PPTYS	COM	29472R108	2,177	22,410	SH		SOLE	0	22,410	0	0
ESSEX PROPERTY TRUST	COM	297178105	1,034	4,216	SH		SOLE	0	4,216	0	0
ETFMG Alternatice Harvest ETF	ETFMG ALTR HRVST	26924G508	5	200	PRN		SOLE	0	200	0	0
EXACT SCIENCES CORP	COM	30063P105	95	1,500	SH		SOLE	0	1,500	0	0
EXELON CORP	COM	30161N101	11	250	SH		SOLE	0	250	0	0
EXTRA SPACE STORAGE	COM	30225T102	1,089	12,036	SH		SOLE	0	12,036	0	0
EXXON MOBIL CORP	COM	30231G102	400	5,862	SH		SOLE	0	5,862	0	0
EZCORP, INC.	COM	302301106	0	53	SH		SOLE	0	53	0	0
FACEBOOK INC	COM	30303M102	1	4	SH		SOLE	0	4	0	0
FAIR ISAAC CORPORATION	COM	303250104	0	1	SH		SOLE	0	1	0	0
FEDERAL REALTY INVT TR	COM	313747206	543	4,598	SH		SOLE	0	4,598	0	0
FERRO CORP	COM	315405100	8,543	544,847	SH		SOLE	0	544,847	0	0
FIDELITY NATIONAL INFORMATION SERVICES, INC.	COM	31620M106	9	84	SH		SOLE	0	84	0	0
FINANCIAL SELECT SECTOR SPDR FUND	SBI INT-FINL	81369Y605	38	1,600	PRN		SOLE	0	1,600	0	0
FINISAR CORPORATION	COM	31787A507	5,521	255,618	SH		SOLE	0	255,618	0	0
FIREEYE, INC	COM	31816Q101	3	200	SH		SOLE	0	200	0	0
FIRST FOUNDATION, INC	COM	32026V104	41	3,150	SH		SOLE	0	3,150	0	0
FIRST INTERSTATE BANCSYSTEM	COM	32055Y201	8,943	244,614	SH		SOLE	0	244,614	0	0
FIRST REPUBLIC BANK	COM	33616C100	842	9,694	SH		SOLE	0	9,694	0	0
FIRST TR EXCH TRADED FD III	INSTL PED SECS	33739P855	5,013	274,850	PRN		SOLE	0	274,850	0	0
FISERV INC	COM	337738108	0	4	SH		SOLE	0	4	0	0
Five Prime Therapeutics Inc	COM	33830X104	1	40	SH		SOLE	0	40	0	0
FNB CORP	COM	302520101	12,336	1,253,665	SH		SOLE	0	1,253,665	0	0
FORD MOTOR COMPANY	COM	345370860	3	400	SH		SOLE	0	400	0	0
FRANKLIN RES INC	COM	354613101	17	558	SH		SOLE	0	558	0	0
FREEPORT-MCMORAN, INC.	COM	35671D857	5	500	SH		SOLE	0	500	0	0
FRONTIER COMMUNICATIONS	COM	35906A306	0	2	SH		SOLE	0	2	0	0
FVCBANKCORP INC	COM	36120Q101	22	780	SH		SOLE	0	780	0	0
GALLAGHER ARTHUR J &CO	COM	363576109	333	4,520	SH		SOLE	0	4,520	0	0
GIBRALTAR INDS INC	COM	374689107	5,288	148,595	SH		SOLE	0	148,595	0	0
G-III APPAREL GROUP, LTD.	COM	36237H101	8,814	316,016	SH		SOLE	0	316,016	0	0
GOLDMAN SACHS GROUP	COM	38141G104	0	1	SH		SOLE	0	1	0	0
GOODRICH PETE CORP	COM	382410843	0	24	SH		SOLE	0	24	0	0
GREEN BANCORP, INC.	COM	39260X100	42	2,470	SH		SOLE	0	2,470	0	0
GUARANTY BANCORP	COM	40075T607	3,219	155,123	SH		SOLE	0	155,123	0	0
H.B. FULLER COMPANY	COM	359694106	5,663	132,721	SH		SOLE	0	132,721	0	0
HCA INC	COM	40412C101	5	40	SH		SOLE	0	40	0	0
HD SUPPLY HOLDINGS INC	COM	40416M105	408	10,870	SH		SOLE	0	10,870	0	0
HEARTLAND EXPRESS, INC.	COM	422347104	9,769	533,839	SH		SOLE	0	533,839	0	0
HEARTLAND FINL USA INC	COM	42234Q102	4,093	93,127	SH		SOLE	0	93,127	0	0
HERBALIFE LTD	COM SHS	G4412G101	177	3,000	PRN		SOLE	0	3,000	0	0
HERITAGE COMMERCE CORP	COM	426927109	363	32,048	SH		SOLE	0	32,048	0	0
HERITAGE INSURANCE HOLDINGS, INC	COM	42727J102	13,009	883,781	SH		SOLE	0	883,781	0	0
HI-CRUSH PARTNERS LP	COM	428337109	1	359	SH		SOLE	0	359	0	0
HILTON GRAND VA	COM	43283X105	7,965	301,813	SH		SOLE	0	301,813	0	0
HOSTESS BRANDS, INC. CLASS A	COM	44109J106	4,096	374,451	SH		SOLE	0	374,451	0	0
HUDSON PACIFIC PROPERTIES, INC.	COM	444097109	1,101	37,890	SH		SOLE	0	37,890	0	0
IBERIABANK CORP	COM	450828108	12,363	192,334	SH		SOLE	0	192,334	0	0
IDACORP INC	COM	451107106	9,919	106,585	SH		SOLE	0	106,585	0	0
INDEPENDENCE REALTY TRUST, INC.	COM	45378A106	12,448	1,355,982	SH		SOLE	0	1,355,982	0	0
INNOVIVA, INC	COM	45781M101	7	400	SH		SOLE	0	400	0	0
INTEL CORP	COM	458140100	730	15,557	SH		SOLE	0	15,557	0	0
INVESCO EXCHANGE TRADED FD T	KBW REGL BKG	46138E578	236	5,260	PRN		SOLE	0	5,260	0	0
INVESCO EXCHANGE TRADED FD T	PFD ETF	46138E511	228	16,930	PRN		SOLE	0	16,930	0	0
INVESCO EXCHANGE TRADED FD T	S&P500 EQL TEC	46137V282	637	4,524	PRN		SOLE	0	4,524	0	0
INVESCO EXCHANGE TRADED FD T	S&P SPIN OFF	46137V159	1,361	32,141	PRN		SOLE	0	32,141	0	0
INVITATION HOMES, INC.	COM	46187W107	635	31,634	SH		SOLE	0	31,634	0	0
ISHARES TR	CORE S&P500 ETF	464287200	13	50	PRN		SOLE	0	50	0	0
ISHARES TR	REIT Mutual Funds	464288489	595	22,025	PRN		SOLE	0	22,025	0	0
ISHARES TR	MSCI EAFE ETF	464287465	1,032	17,560	PRN		SOLE	0	17,560	0	0
ISHARES TR	NASDAQ BIOTECH	464287556	148	1,535	PRN		SOLE	0	1,535	0	0
ISHARES TR	RUS 1000 ETF	464287622	150	1,080	PRN		SOLE	0	1,080	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	403	2,400	PRN		SOLE	0	2,400	0	0
ISHARES TR	RUS 2000 VAL ETF	464287630	275	2,560	PRN		SOLE	0	2,560	0	0
ISHARES TR	RUS MID CAP ETF	464287499	309	6,640	PRN		SOLE	0	6,640	0	0
ISHARES TR	CORE S&P MCP ETF	464287507	29	175	PRN		SOLE	0	175	0	0
ISHARES TR	S&P US PFD STK	464288687	409	11,953	PRN		SOLE	0	11,953	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	933	12,448	PRN		SOLE	0	12,448	0	0
JACOBS ENGR GROUP DEL	COM	469814107	2	31	SH		SOLE	0	31	0	0
JAGGED PEAK ENERGY, INC.	COM	47009K107	5,257	576,426	SH		SOLE	0	576,426	0	0
JERNIGAN CAPITAL, INC.	COM	476405105	13,367	674,413	SH		SOLE	0	674,413	0	0
JOHNSON & JOHNSON	COM	478160104	1,615	12,517	SH		SOLE	0	12,517	0	0
JPMORGAN CHASE & CO	COM	46625H100	937	9,597	SH		SOLE	0	9,597	0	0
KADANT INC	COM	48282T104	11,719	143,863	SH		SOLE	0	143,863	0	0
KAISER ALUMINUM CORP	COM	483007704	6,735	75,432	SH		SOLE	0	75,432	0	0
KEYCORP	COM	493267108	17	1,170	SH		SOLE	0	1,170	0	0
KILROY REALTY CORP	COM	49427F108	836	13,294	SH		SOLE	0	13,294	0	0
KIMBERLY CLARK CORP	COM	494368103	28	250	SH		SOLE	0	250	0	0
KIMCO REALTY CORP	COM	49446R109	500	34,160	SH		SOLE	0	34,160	0	0
KINDER MORGAN INC	COM	49456B101	77	5,015	SH		SOLE	0	5,015	0	0
KOPPERS HOLDINGS INC.	COM	50060P106	3,635	213,343	SH		SOLE	0	213,343	0	0
LABORATORY CORP OF AMERICA	COM	50540R409	232	1,835	SH		SOLE	0	1,835	0	0
LAMB WESTON HOLDINGS	COM	513272104	414	5,624	SH		SOLE	0	5,624	0	0
LEGACYTEXAS FINANCIAL GROUP, INC.	COM	52471Y106	9,563	298,016	SH		SOLE	0	298,016	0	0
LOWES COMPANIES INC	COM	548661107	337	3,650	SH		SOLE	0	3,650	0	0
LYONDELLBASELL INDUSTRIES	COM	N53745100	33	400	SH		SOLE	0	400	0	0
MACERICH CO	COM	554382101	311	7,182	SH		SOLE	0	7,182	0	0
MACQUIRIE INFRASTRUCTURE	COM	55608B105	7	200	SH		SOLE	0	200	0	0
MAGELLAN MIDSTREAM	COM	559080106	140	2,460	SH		SOLE	0	2,460	0	0
MARATHON OIL CORP	COM	565849106	24	1,685	SH		SOLE	0	1,685	0	0
MATERION CORP	COM	576690101	10,688	237,572	SH		SOLE	0	237,572	0	0
MAXIMUS, INC.	COM	577933104	4,730	72,667	SH		SOLE	0	72,667	0	0
MCDERMOTT INTERNATIONAL, INC.	COM	580037703	3,422	523,189	SH		SOLE	0	523,189	0	0
MCDONALDS CORP	COM	580135101	124	700	SH		SOLE	0	700	0	0
MEDTRONIC PLC	SHS	G5960L103	73	800	PRN		SOLE	0	800	0	0
MERCK & CO INC	COM	58933Y105	132	1,730	SH		SOLE	0	1,730	0	0
META FINANCIAL GROUP, INC.	COM	59100U108	2,692	138,810	SH		SOLE	0	138,810	0	0
MICROSOFT CORP	COM	594918104	490	4,820	SH		SOLE	0	4,820	0	0
MKS INSTRUMENT INC	COM	55306N104	5,374	83,183	SH		SOLE	0	83,183	0	0
MODINE MANUFACTURING CO	COM	607828100	5,085	470,407	SH		SOLE	0	470,407	0	0
MONDELEZ INTERNATIONAL INC	COM	609207105	74	1,859	SH		SOLE	0	1,859	0	0
MYR GROUP INC	COM	55405W104	5,173	183,633	SH		SOLE	0	183,633	0	0
MYRIAD GENETICS INC	COM	62855J104	3	120	SH		SOLE	0	120	0	0
NATIONAL CINEMEDIA	COM	635309107	3	457	SH		SOLE	0	457	0	0
NATIONAL OILWELL VARCO	COM	637071101	8	300	SH		SOLE	0	300	0	0
NATIONAL STORAGE AFFILIATES TRUST	COM	637870106	11,502	434,683	SH		SOLE	0	434,683	0	0
NETFLIX INC	COM	64110L106	1	4	SH		SOLE	0	4	0	0
NEW JERSEY RESOURCES CORPORATION	COM	646025106	5,690	124,583	SH		SOLE	0	124,583	0	0
NEW YORK CMNTY BANCORP	COM	649445103	3	326	SH		SOLE	0	326	0	0
NEXSTAR BROADCASTING	COM	65336K103	16,170	205,618	SH		SOLE	0	205,618	0	0
NIKE INC CL B	COM	654106103	58	787	SH		SOLE	0	787	0	0
NORTHSTAR RLTY EUROPE CORP	COM	66706L101	5,457	375,341	SH		SOLE	0	375,341	0	0
NORWEGIAN CRUISE LINE HOLDINGS	SHS	G66721104	107	2,519	PRN		SOLE	0	2,519	0	0
NUVASIVE, INC.	COM	670704105	4,811	97,075	SH		SOLE	0	97,075	0	0
NVIDIA CORPORATION	COM	67066G104	12	87	SH		SOLE	0	87	0	0
ONE MAIN HOLDINGS	COM	68268W103	8,014	329,938	SH		SOLE	0	329,938	0	0
PAC MERCANTILE BANCO	COM	694552100	14	2,000	SH		SOLE	0	2,000	0	0
PACIFIC PREMIER BANCORP	COM	69478X105	7,857	307,863	SH		SOLE	0	307,863	0	0
PARK HOTELS & RESORTS INC.	COM	700517105	307	11,815	SH		SOLE	0	11,815	0	0
PATTERSON COMPANIES, INC.	COM	703395103	4,738	241,003	SH		SOLE	0	241,003	0	0
PBF ENERGY INC	COM	69318G106	14	425	SH		SOLE	0	425	0	0
PDC ENERGY	COM	69327R101	2,590	87,039	SH		SOLE	0	87,039	0	0
PEBBLEBROOK HOTEL	COM	70509V100	10,798	381,412	SH		SOLE	0	381,412	0	0
PEMBINA PIPELINE CORPORATION	COM	706327103	28	952	SH		SOLE	0	952	0	0
PENNANTPARK INVESTMENT CORP	COM	708062104	4	694	SH		SOLE	0	694	0	0
PENSKE AUTOMOTIVE GROUP, INC.	COM	70959W103	7,987	198,102	SH		SOLE	0	198,102	0	0
PEPSICO INC	COM	713448108	952	8,616	SH		SOLE	0	8,616	0	0
PETMED EXPRESS INC	COM	716382106	2	77	SH		SOLE	0	77	0	0
PFIZER INC	COM	717081103	261	5,986	SH		SOLE	0	5,986	0	0
PHOTRONICS INC	COM	719405102	3,830	395,695	SH		SOLE	0	395,695	0	0
PHYSICIANS REALTY TRUST	COM	71943U104	284	17,700	SH		SOLE	0	17,700	0	0
PINNACLE FINANCIAL PARTNERS, INC.	COM	72346Q104	7,998	173,488	SH		SOLE	0	173,488	0	0
PLEXUS CORP	COM	729132100	4,314	84,449	SH		SOLE	0	84,449	0	0
PORTLAND GENERAL	COM	736508847	6,427	140,166	SH		SOLE	0	140,166	0	0
PREFERRED BANK	COM	740367404	7,068	163,055	SH		SOLE	0	163,055	0	0
PRIMERICA	COM	74164M108	7,990	81,770	SH		SOLE	0	81,770	0	0
PROCTER & GAMBLE CO	COM	742718109	653	7,106	SH		SOLE	0	7,106	0	0
PROGENICS PHARMA INC	COM	743187106	7,133	1,698,249	SH		SOLE	0	1,698,249	0	0
PROGRESS SOFTWARE CORP	COM	743312100	5,710	160,878	SH		SOLE	0	160,878	0	0
PROLOGIS	COM	74340W103	2,068	35,214	SH		SOLE	0	35,214	0	0
PROSHARES TR	PSHS ULT NASB	74347R214	62	1,480	PRN		SOLE	0	1,480	0	0
PROSHARES TR	PSH ULTRA EURO	74347W874	2	115	PRN		SOLE	0	115	0	0
PROSHARES TR	ULTRA FNCLS NEW	74347X633	20	618	PRN		SOLE	0	618	0	0
PROSHARES TR	PSHS ULTRA O&G	74347R719	2	106	PRN		SOLE	0	106	0	0
PROSHARES TR	ULTRAPRO 3X CR	74347W221	0	31	PRN		SOLE	0	31	0	0
PROSHARES TR	ULTRPRO S&P500	74347X864	45	1,300	PRN		SOLE	0	1,300	0	0
PROSHARES TR	PSHS ULTSH 20YRS	74347B201	0	12	PRN		SOLE	0	12	0	0
PROSPECT CAPITAL CORP	COM	74348T102	4	712	SH		SOLE	0	712	0	0
PUBLIC STORAGE INC	COM	74460D109	1,074	5,305	SH		SOLE	0	5,305	0	0
QTS REALTY TRUST INC	COM	74736A103	10,228	276,072	SH		SOLE	0	276,072	0	0
QUANTA SERVICES INC.	COM	74762E102	8,634	286,829	SH		SOLE	0	286,829	0	0
SELECT SECTOR SPDR TR	RL EST SEL SEC	81369Y860	30	974	PRN		SOLE	0	974	0	0
REGENCY CTRS CORP	COM	758849103	968	16,495	SH		SOLE	0	16,495	0	0
RETAIL OPPORTUNITY INVESTMENTS	COM	76131N101	339	21,366	SH		SOLE	0	21,366	0	0
REXFORD INDUSTRIAL REALTY	COM	76169C100	14,755	500,691	SH		SOLE	0	500,691	0	0
RING ENERGY, INC.	COM	76680V108	7,076	1,392,952	SH		SOLE	0	1,392,952	0	0
ROPER TECHNOLOGIES	COM	776696106	17	64	SH		SOLE	0	64	0	0
RPM INTL INC	COM	749685103	50	850	SH		SOLE	0	850	0	0
RUTH`S HOSPITALITY GROUP, INC.	COM	783332109	4,216	185,461	SH		SOLE	0	185,461	0	0
SABRA HEALTH CARE REIT	COM	78573L106	5,470	331,893	SH		SOLE	0	331,893	0	0
SALESFORCE.COM INC	COM	79466L302	10	70	SH		SOLE	0	70	0	0
SCHLUMBERGER LTD	COM	806857108	100	2,775	SH		SOLE	0	2,775	0	0
SCHWAB STRATEGIC TR	1000 INDEX ETF	808524722	61	2,492	PRN		SOLE	0	2,492	0	0
SCHWAB CHARLES CP NEW	COM	808513105	17	400	SH		SOLE	0	400	0	0
SCHWAB STRATEGIC TR	EMRG MKTEQ ETF	808524706	27	1,131	PRN		SOLE	0	1,131	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	679	23,949	PRN		SOLE	0	23,949	0	0
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	6,860	114,916	PRN		SOLE	0	114,916	0	0
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	406	8,475	PRN		SOLE	0	8,475	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	1,131	18,874	PRN		SOLE	0	18,874	0	0
SCHWAB STRATEGIC TR	US DIVIDEND EQ	808524797	91	1,940	PRN		SOLE	0	1,940	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	1,999	51,901	PRN		SOLE	0	51,901	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	568	9,366	PRN		SOLE	0	9,366	0	0
SELECT SECTOR SPDR TR	SBI HEALTHCARE	81369Y209	35	400	PRN		SOLE	0	400	0	0
SELECT SECTOR SPDR TR	ENERGY	81369Y506	8	140	PRN		SOLE	0	140	0	0
SELECTIVE INS GROUP	COM	816300107	11,980	196,590	SH		SOLE	0	196,590	0	0
SERITAGE GROWTH PROPERTIES	COM	81752R100	472	14,598	SH		SOLE	0	14,598	0	0
SHIRE PLC	SPONSORED ADR	82481R106	26	148	PRN		SOLE	0	148	0	0
SIMMONS FIRST NATIONAL CORPORATION CLASS A	COM	828730200	4,067	168,537	SH		SOLE	0	168,537	0	0
SIMON PROPERTY GROUP	COM	828806109	2,063	12,278	SH		SOLE	0	12,278	0	0
SKYWEST INC	COM	830879102	11,189	251,614	SH		SOLE	0	251,614	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	125	1,870	SH		SOLE	0	1,870	0	0
SL GREEN REALTY	COM	78440X101	705	8,912	SH		SOLE	0	8,912	0	0
SOUTH JERSEY INDS INC	COM	838518108	6,690	240,634	SH		SOLE	0	240,634	0	0
SOUTHERN CO	COM	842587107	145	3,310	SH		SOLE	0	3,310	0	0
SOUTHWEST AIRLS CO	COM	844741108	538	11,580	SH		SOLE	0	11,580	0	0
SPDR GOLD TRUST	GOLD SHS	78463V107	17	140	PRN		SOLE	0	140	0	0
SPDR SERIES TRUST	S&P 400 MDCP GRW	78464A821	5	105	PRN		SOLE	0	105	0	0
SPDR SERIES TRUST	S&P BIOTECH	78464A870	2	25	PRN		SOLE	0	25	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	817	3,269	PRN		SOLE	0	3,269	0	0
SPDR SERIES TRUST	S&P REGL BKG	78464A698	120	2,565	PRN		SOLE	0	2,565	0	0
SPIRE, INC	COM	84857L101	7,476	100,915	SH		SOLE	0	100,915	0	0
SSW	SHS	Y75638109	8	1,000	PRN		SOLE	0	1,000	0	0
STANLEY BLACK & DECKER	COM	854502101	63	530	SH		SOLE	0	530	0	0
STARWOOD PROPERTIES	COM	85571B105	334	16,950	SH		SOLE	0	16,950	0	0
STATE BANK & TRUST	COM	856190103	8,731	404,381	SH		SOLE	0	404,381	0	0
STIFEL FINANCIAL CORP	COM	860630102	6,441	155,504	SH		SOLE	0	155,504	0	0
STORE CAPITAL CORPORATION	COM	862121100	1,420	50,174	SH		SOLE	0	50,174	0	0
STURM RUGER & CO INC	COM	864159108	0	2	SH		SOLE	0	2	0	0
SUN COMMUNITIES INC	COM	866674104	1,017	10,002	SH		SOLE	0	10,002	0	0
SUNSTONE HOTEL INVESTORS	COM	867892101	373	28,700	SH		SOLE	0	28,700	0	0
SYNCHRONY FINANCIAL	COM	87165B103	16	661	SH		SOLE	0	661	0	0
SYNEOS HEALTH, INC. CLASS A	COM	87166B102	8,369	212,684	SH		SOLE	0	212,684	0	0
SYNERGY PHARMACEUTICALS, INC	COM	871639308	0	2,000	SH		SOLE	0	2,000	0	0
SYNERGY RESOURCES CORP	COM	78470V108	18	3,900	SH		SOLE	0	3,900	0	0
SYNNEX CORP	COM	87162W100	8,259	102,169	SH		SOLE	0	102,169	0	0
TAKE TWO INTERACTIVE	COM	874054109	26	250	SH		SOLE	0	250	0	0
TARGET CORP	COM	87612E106	25	380	SH		SOLE	0	380	0	0
TECH DATA CORPORATION	COM	878237106	4,809	58,782	SH		SOLE	0	58,782	0	0
TERRAFORM POWER, INC CLASS A	COM	88104R209	5,107	455,148	SH		SOLE	0	455,148	0	0
TETRA TECH INC NEW	COM	88162G103	4,477	86,479	SH		SOLE	0	86,479	0	0
TEXAS INSTRS INC	COM	882508104	1	10	SH		SOLE	0	10	0	0
THERAVANCE BIOPHARMA INC	COM	G8807B106	3	114	SH		SOLE	0	114	0	0
TIER REIT, INC.	COM	88650V208	4,796	232,501	SH		SOLE	0	232,501	0	0
TIMKEN CO	COM	887389104	3,706	99,308	SH		SOLE	0	99,308	0	0
TIMKEN STEEL	COM	887399103	2,837	324,591	SH		SOLE	0	324,591	0	0
TOPBUILD CORP	COM	89055F103	10,501	233,350	SH		SOLE	0	233,350	0	0
TOTAL SYSTEM SERVICES, INC.	COM	891906109	12	150	SH		SOLE	0	150	0	0
TOWER INTERNATIONAL, INC	COM	891826109	4,935	207,355	SH		SOLE	0	207,355	0	0
TRIUMPH BANCORP, INC.	COM	89679E300	8,966	301,869	SH		SOLE	0	301,869	0	0
TWENTY-FIRST CENTURY FOX, INC. CLASS A	COM	90130A101	16	341	SH		SOLE	0	341	0	0
UMPQUA HOLDINGS CORP	COM	904214103	7,575	476,405	SH		SOLE	0	476,405	0	0
UNILEVER NV	N Y SHS NEW	904784709	323	6,000	PRN		SOLE	0	6,000	0	0
UNION BANKSHARES CORPORATION	COM	90539J109	12,410	439,616	SH		SOLE	0	439,616	0	0
UNISYS CORPORATION	COM	909214306	6,357	546,577	SH		SOLE	0	546,577	0	0
UNITED DOMINION	COM	902653104	392	9,900	SH		SOLE	0	9,900	0	0
UNITED TECHNOLOGIES CP	COM	913017109	21	195	SH		SOLE	0	195	0	0
US BANCORP	COM	902973304	116	2,529	SH		SOLE	0	2,529	0	0
VAIL RESORTS INC	COM	91879Q109	21	100	SH		SOLE	0	100	0	0
VANGUARD WORLD FDS	CONSUM DIS ETF	92204A108	45	300	PRN		SOLE	0	300	0	0
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	27	118	PRN		SOLE	0	118	0	0
VANGUARD WORLD FDS	ENERGY ETF	92204A306	9	115	PRN		SOLE	0	115	0	0
VENTAS INC	COM	92276F100	626	10,691	SH		SOLE	0	10,691	0	0
VERINT SYS INC	COM	92343X100	7,342	173,531	SH		SOLE	0	173,531	0	0
VERIZON COMMUNICATIONS	COM	92343V104	574	10,208	SH		SOLE	0	10,208	0	0
VERTEX PHARMACEUTICALS	COM	92532F100	66	400	SH		SOLE	0	400	0	0
VISA INC	COM	92826C839	23	172	SH		SOLE	0	172	0	0
VORNADO REALTY TRUST	COM	929042109	743	11,973	SH		SOLE	0	11,973	0	0
WALT DISNEY CO	COM	254687106	700	6,380	SH		SOLE	0	6,380	0	0
WELLS FARGO & CO	COM	949746101	89	1,930	SH		SOLE	0	1,930	0	0
WELLTOWER INC	COM	95040Q104	1,793	25,834	SH		SOLE	0	25,834	0	0
WESCO AIRCRAFT HOLDINGS, INC.	COM	950814103	4,520	572,196	SH		SOLE	0	572,196	0	0
WILLIAMS COMPANIES, INC.	COM	969457100	2	100	SH		SOLE	0	100	0	0
WILLIAMS SONOMA INC	COM	969904101	4,643	92,039	SH		SOLE	0	92,039	0	0
WINTRUST FINL CORP	COM	97650W108	7,201	108,308	SH		SOLE	0	108,308	0	0
WOLVERINE WORLD WIDE, INC.	COM	978097103	9,546	299,336	SH		SOLE	0	299,336	0	0
WPX ENERGY INC	COM	98212B103	31	2,700	SH		SOLE	0	2,700	0	0