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
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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
AAR CORP	COM	000361105	6,524	156,642	SH		SOLE		156,642	0	0
ABBOTT LABS	COM	002824100	457	3,810	SH		SOLE		3,810	0	0
ADVANCED ENERGY INDS	COM	007973100	6,159	56,416	SH		SOLE		56,416	0	0
ALEXANDRIA REAL ESTATE EQ IN	COM	015271109	2,237	13,612	SH		SOLE		13,612	0	0
APPLE INC	COM	037833100	3,039	24,882	SH		SOLE		24,882	0	0
ASBURY AUTOMOTIVE GROUP INC	COM	043436104	11,403	58,029	SH		SOLE		58,029	0	0
ATKORE INC	COM	047649108	9,736	135,415	SH		SOLE		135,415	0	0
ATLANTIC CAP BANCSHARES INC	COM	048269203	436	18,092	SH		SOLE		18,092	0	0
AVALONBAY CMNTYS INC	COM	053484101	889	4,818	SH		SOLE		4,818	0	0
BK OF AMERICA CORP	COM	060505104	226	5,830	SH		SOLE		5,830	0	0
BERKSHIRE HATHAWAY INC	CL B NEW	084670702	646	2,530	SH		SOLE		2,530	0	0
BLACK HILLS CORP	COM	092113109	5,737	85,919	SH		SOLE		85,919	0	0
BOOT BARN HLDGS INC	COM	099406100	6,997	112,286	SH		SOLE		112,286	0	0
BOSTON PROPERTIES INC	COM	101121101	850	8,391	SH		SOLE		8,391	0	0
CBL & ASSOCIATES PPTYS	COM	124830605	12	11,969	SH		SOLE		11,969	0	0
CIGNA CORP NEW	COM	125523100	784	3,245	SH		SOLE		3,245	0	0
CVS HEALTH CORP	COM	126650100	234	3,105	SH		SOLE		3,105	0	0
CHEMBIO DIAGNOSTICS INC	COM NEW	163572209	105	30,000	SH		SOLE		30,000	0	0
CHEVRON CORP NEW	COM	166764100	324	3,096	SH		SOLE		3,096	0	0
CITIGROUP INC	COM NEW	172967424	259	3,557	SH		SOLE		3,557	0	0
COLGATE PALMOLIVE CO	COM	194162103	783	9,930	SH		SOLE		9,930	0	0
DANA INC	COM	235825205	7,638	313,908	SH		SOLE		313,908	0	0
DISNEY WALT CO	COM	254687106	1,188	6,437	SH		SOLE		6,437	0	0
DOVER CORP	COM	260003108	792	5,775	SH		SOLE		5,775	0	0
ENTERPRISE FINL SVCS CORP	COM	293712105	9,416	190,455	SH		SOLE		190,455	0	0
ESSEX PPTY TR INC	COM	297178105	691	2,545	SH		SOLE		2,545	0	0
F N B CORP	COM	302520101	4,272	336,377	SH		SOLE		336,377	0	0
FEDERAL RLTY INVT TR	SH BEN INT NEW	313747206	1,228	12,105	SH		SOLE		12,105	0	0
FEDERAL SIGNAL CORP	COM	313855108	3,887	101,477	SH		SOLE		101,477	0	0
FERRO CORP	COM	315405100	5,960	353,496	SH		SOLE		353,496	0	0
FIRST MERCHANTS CORP	COM	320817109	7,569	162,767	SH		SOLE		162,767	0	0
FULLER H B CO	COM	359694106	9,872	156,923	SH		SOLE		156,923	0	0
GALLAGHER ARTHUR J & CO	COM	363576109	430	3,450	SH		SOLE		3,450	0	0
GREAT WESTERN BANCORP INC	COM	391416104	7,167	236,619	SH		SOLE		236,619	0	0
GRIFFON CORP	COM	398433102	4,716	173,566	SH		SOLE		173,566	0	0
HUB GROUP INC	CL A	443320106	5,560	82,636	SH		SOLE		82,636	0	0
HUDSON PAC PPTYS INC	COM	444097109	6,641	244,784	SH		SOLE		244,784	0	0
INTEL CORP	COM	458140100	321	5,018	SH		SOLE		5,018	0	0
ISHARES TR	CORE US AGGBD ET	464287226	581	5,103	SH		SOLE		5,103	0	0
ISHARES TR	MSCI EAFE ETF	464287465	951	12,530	SH		SOLE		12,530	0	0
ISHARES TR	RUS MDCP VAL ETF	464287473	532	4,873	SH		SOLE		4,873	0	0
ISHARES TR	RUS MID CAP ETF	464287499	2,133	28,846	SH		SOLE		28,846	0	0
ISHARES TR	PHLX SEMICND ETF	464287523	245	577	SH		SOLE		577	0	0
ISHARES TR	RUS 1000 ETF	464287622	309	1,380	SH		SOLE		1,380	0	0
ISHARES TR	RUS 2000 VAL ETF	464287630	745	4,670	SH		SOLE		4,670	0	0
ISHARES TR	RUS 2000 GRW ETF	464287648	1,087	3,615	SH		SOLE		3,615	0	0
ISHARES TR	U.S. REAL ES ETF	464287739	1,002	10,903	SH		SOLE		10,903	0	0
ISHARES TR	PFD AND INCM SEC	464288687	424	11,036	SH		SOLE		11,036	0	0
ISHARES TR	US REGNL BKS ETF	464288778	356	6,295	SH		SOLE		6,295	0	0
JOHNSON & JOHNSON	COM	478160104	2,032	12,363	SH		SOLE		12,363	0	0
KFORCE INC	COM	493732101	6,588	122,918	SH		SOLE		122,918	0	0
KOHLS CORP	COM	500255104	9,000	150,974	SH		SOLE		150,974	0	0
LA Z BOY INC	COM	505336107	5,531	130,207	SH		SOLE		130,207	0	0
LADDER CAP CORP CL A	COM	505743104	6,738	570,984	SH		SOLE		570,984	0	0
LAMB WESTON HLDGS INC	COM	513272104	295	3,803	SH		SOLE		3,803	0	0
LOWES COS INC	COM	548661107	433	2,275	SH		SOLE		2,275	0	0
MAGNOLIA OIL & GAS CORP CL A	COM	559663109	7,931	690,865	SH		SOLE		690,865	0	0
MATERION CORP	COM	576690101	5,234	79,013	SH		SOLE		79,013	0	0
MERIDIAN BIOSCIENCE INC	COM	589584101	3,537	134,740	SH		SOLE		134,740	0	0
METHODE ELECTRS INC	COM	591520200	6,149	146,476	SH		SOLE		146,476	0	0
MICROSOFT CORP	COM	594918104	2,256	9,570	SH		SOLE		9,570	0	0
MODINE MFG CO	COM	607828100	5,054	342,187	SH		SOLE		342,187	0	0
ONTO INNOVATION INC	COM	683344105	6,533	99,419	SH		SOLE		99,419	0	0
OTTER TAIL CORP	COM	689648103	5,426	117,518	SH		SOLE		117,518	0	0
PENN NATL GAMING INC	COM	707569109	335	3,200	SH		SOLE		3,200	0	0
PEPSICO INC	COM	713448108	1,053	7,441	SH		SOLE		7,441	0	0
PFIZER INC	COM	717081103	204	5,636	SH		SOLE		5,636	0	0
PLEXUS CORP	COM	729132100	5,380	58,577	SH		SOLE		58,577	0	0
PORTLAND GEN ELEC CO	COM NEW	736508847	3,812	80,297	SH		SOLE		80,297	0	0
PREFERRED BK LOS ANGELES CA	COM NEW	740367404	9,972	156,594	SH		SOLE		156,594	0	0
PROCTER AND GAMBLE CO	COM	742718109	735	5,426	SH		SOLE		5,426	0	0
REGENCY CTRS CORP	COM	758849103	826	14,554	SH		SOLE		14,554	0	0
RUTHS HOSPITALITY GROUP INC	COM	783332109	4,994	201,122	SH		SOLE		201,122	0	0
SCHOLASTIC CORP	COM	807066105	3,295	109,418	SH		SOLE		109,418	0	0
SCHWAB STRATEGIC TR	US BRD MKT ETF	808524102	2,540	26,269	SH		SOLE		26,269	0	0
SCHWAB STRATEGIC TR	US LRG CAP ETF	808524201	8,931	93,003	SH		SOLE		93,003	0	0
SCHWAB STRATEGIC TR	US MID-CAP ETF	808524508	1,335	17,935	SH		SOLE		17,935	0	0
SCHWAB STRATEGIC TR	US SML CAP ETF	808524607	1,557	15,627	SH		SOLE		15,627	0	0
SCHWAB STRATEGIC TR	SCHWB FDT INT LG	808524755	826	25,736	SH		SOLE		25,736	0	0
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	801	21,290	SH		SOLE		21,290	0	0
SCHWAB STRATEGIC TR	US AGGREGATE B	808524839	962	17,831	SH		SOLE		17,831	0	0
SCHWAB STRATEGIC TR	US REIT ETF	808524847	1,875	45,651	SH		SOLE		45,651	0	0
SIMON PPTY GROUP INC NEW	COM	828806109	1,945	17,096	SH		SOLE		17,096	0	0
SKYWEST INC	COM	830879102	3,636	66,752	SH		SOLE		66,752	0	0
SOUTH JERSEY INDS INC	COM	838518108	5,204	230,472	SH		SOLE		230,472	0	0
STERLING CONSTR INC	COM	859241101	10,901	469,895	SH		SOLE		469,895	0	0
STIFEL FINL CORP	COM	860630102	9,890	154,390	SH		SOLE		154,390	0	0
STONEX GROUP INC	COM	861896108	3,178	48,605	SH		SOLE		48,605	0	0
STORE CAP CORP	COM	862121100	1,706	50,911	SH		SOLE		50,911	0	0
SUN CMNTYS INC	COM	866674104	1,707	11,376	SH		SOLE		11,376	0	0
UMPQUA HLDGS CORP	COM	904214103	7,740	441,007	SH		SOLE		441,007	0	0
UNILEVER PLC SPON ADR	PLC ADR	904767704	335	6,000	SH		SOLE		6,000	0	0
UNISYS CORP	COM NEW	909214306	5,732	225,509	SH		SOLE		225,509	0	0
VANGUARD WORLD FD ESG US STK ETF	ESG US Stock ETF	921910733	668	9,052	SH		SOLE		9,052	0	0
VANGUARD INDEX F	Mid-Cap Value ETF	922908512	958	7,100	SH		SOLE		7,100	0	0
VISHAY INTERTECHNOLOGY INC	COM	928298108	7,583	314,925	SH		SOLE		314,925	0	0
WALMART INC	COM	931142103	239	1,760	SH		SOLE		1,760	0	0
WEYERHAEUSER CO MTN BE	COM NEW	962166104	1,017	28,574	SH		SOLE		28,574	0	0
INVESCO QQQ TRUST SERIES 1	QQQ TRUST SERIES 1	46090E103	350	1,096	SH		SOLE		1,096	0	0
TRIUMPH BANCORP INC	COM	89679E300	7,520	97,165	SH		SOLE		97,165	0	0
ADT INC DEL	COM	00090Q103	90	10,700	SH		SOLE		10,700	0	0
ALPS ETF TR	CLEAN ENERGY	00162Q460	273	3,495	SH		SOLE		3,495	0	0
API GROUP CORP COM	COM	00187Y100	6,027	291,430	SH		SOLE		291,430	0	0
AT&T INC	COM	00206R102	365	12,062	SH		SOLE		12,062	0	0
THE AARONS COMPANY INC	COM	00258W108	3,751	146,049	SH		SOLE		146,049	0	0
ABBVIE INC	COM	00287Y109	3,794	35,060	SH		SOLE		35,060	0	0
ACTIVISION BLIZZARD INC	COM	00507V109	279	3,000	SH		SOLE		3,000	0	0
AIR TRANSPORT SERVICES GRP I	COM	00922R105	6,005	205,235	SH		SOLE		205,235	0	0
ALPHABET INC	CAP STK CL C	02079K107	234	113	SH		SOLE		113	0	0
ALPHABET INC	CAP STK CL A	02079K305	2,003	971	SH		SOLE		971	0	0
AMERICAN FIN TR	INC COM CLASS A	02607T109	8,955	911,914	SH		SOLE		911,914	0	0
AMERICAN TOWER CORP NEW	COM	03027X100	3,146	13,160	SH		SOLE		13,160	0	0
AMERIS BANCORP	COM	03076K108	10,847	206,567	SH		SOLE		206,567	0	0
ARCONIC CORPORATION	COM	03966V107	2,824	111,244	SH		SOLE		111,244	0	0
ARMADA HOFFLER PPTYS INC	COM	04208T108	6,797	542,002	SH		SOLE		542,002	0	0
ATLANTIC UN BANKSHARES CORP	COM	04911A107	8,366	218,096	SH		SOLE		218,096	0	0
AVANOS MED INC	COM	05350V106	5,988	136,891	SH		SOLE		136,891	0	0
AVIENT CORPORATION	COM	05368V106	9,514	201,266	SH		SOLE		201,266	0	0
BANCORP INC DEL	COM	05969A105	11,176	539,388	SH		SOLE		539,388	0	0
BANC OF CALIFORNIA INC	COM	05990K106	5,997	331,709	SH		SOLE		331,709	0	0
BJS RESTAURANTS INC	COM	09180C106	5,149	88,655	SH		SOLE		88,655	0	0
BLACKROCK INC	COM	09247X101	215	285	SH		SOLE		285	0	0
BLUEROCK RESIDENTIAL GWT REI	COM CL A	09627J102	704	69,664	SH		SOLE		69,664	0	0
BRIGHTVIEW HLDGS INC	COM	10948C107	6,164	365,406	SH		SOLE		365,406	0	0
CHAMPIONX CORPORATION	COM	15872M104	12,594	579,575	SH		SOLE		579,575	0	0
COHERUS BIOSCIENCES INC	COM	19249H103	2,946	201,628	SH		SOLE		201,628	0	0
CORNERSTONE BLDG BRANDS INC	COM	21925D109	6,956	495,815	SH		SOLE		495,815	0	0
COSTCO WHSL CORP NEW	COM	22160K105	392	1,113	SH		SOLE		1,113	0	0
CROWN CASTLE INTL CORP NEW	COM	22822V101	661	3,843	SH		SOLE		3,843	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	497	5,151	SH		SOLE		5,151	0	0
EDGEWELL PERS CARE CO	COM	28035Q102	2,902	73,283	SH		SOLE		73,283	0	0
ENPRO INDS INC	COM	29355X107	3,218	37,734	SH		SOLE		37,734	0	0
EQUINIX INC	COM	29444U700	2,491	3,665	SH		SOLE		3,665	0	0
EQUITY LIFESTYLE PPTYS INC	COM	29472R108	1,357	21,330	SH		SOLE		21,330	0	0
EQUITY RESIDENTIAL	SH BEN INT	29476L107	851	11,876	SH		SOLE		11,876	0	0
EXTRA SPACE STORAGE INC	COM	30225T102	1,924	14,513	SH		SOLE		14,513	0	0
FB FINL CORP	COM	30257X104	3,719	83,653	SH		SOLE		83,653	0	0
FIRST REP BK SAN FRANCISCO C	COM	33616C100	1,375	8,244	SH		SOLE		8,244	0	0
FIRST TR	EXCH TRADED FD III INSTL PFD SECS	33739P855	6,597	325,618	SH		SOLE		325,618	0	0
FLEXION THERAPEUTICS INC	COM	33938J106	3,107	347,114	SH		SOLE		347,114	0	0
G III APPAREL GROUP LTD	COM	36237H101	4,422	146,703	SH		SOLE		146,703	0	0
GLOBAL MED REIT INC	COM NEW	37954A204	6,117	466,610	SH		SOLE		466,610	0	0
HEALTHPEAK PROPERTIES INC	COM	42250P103	889	28,014	SH		SOLE		28,014	0	0
HERITAGE INS HLDGS INC	COM	42727J102	5,344	482,319	SH		SOLE		482,319	0	0
HILTON GRAND VACATIONS INC	COM	43283X105	6,406	170,861	SH		SOLE		170,861	0	0
HOSTESS BRANDS INC	CL A	44109J106	4,975	346,947	SH		SOLE		346,947	0	0
INDEPENDENCE RLTY TR INC	COM	45378A106	7,501	493,492	SH		SOLE		493,492	0	0
INDEPENDENT BK GROUP INC	COM	45384B106	9,078	125,664	SH		SOLE		125,664	0	0
INNOVATIVE INDL PPTYS INC	COM	45781V101	5,538	30,740	SH		SOLE		30,740	0	0
INTEGER HLDGS CORP	COM	45826H109	6,931	75,256	SH		SOLE		75,256	0	0
INVESCO EXCHANGE TRADED FD T	S&P SPIN OFF	46137V159	1,211	19,251	SH		SOLE		19,251	0	0
INVESCO EXCHANGE TRADED FD T	S&P500 EQL TEC	46137V282	390	1,447	SH		SOLE		1,447	0	0
INVESCO EXCHANGE TR	S&P 500 EQUAL WEIGHT ETF	46137V357	1,026	7,240	SH		SOLE		7,240	0	0
INVESCO EXCH TRADED FD TR	II PFD ETF	46138E511	495	33,030	SH		SOLE		33,030	0	0
INVITATION HOMES INC	COM	46187W107	1,396	43,653	SH		SOLE		43,653	0	0
JPMORGAN CHASE & CO	COM	46625H100	1,334	8,761	SH		SOLE		8,761	0	0
KADANT INC	COM	48282T104	7,527	40,683	SH		SOLE		40,683	0	0
KARYOPHARM THERAPEUTICS INC	COM	48576U106	1,429	135,816	SH		SOLE		135,816	0	0
KOPPERS HOLDINGS INC	COM	50060P106	3,822	109,978	SH		SOLE		109,978	0	0
LABORATORY CORP AMER HLDGS	COM NEW	50540R409	468	1,835	SH		SOLE		1,835	0	0
MYR GROUP INC DEL	COM	55405W104	8,763	122,270	SH		SOLE		122,270	0	0
META FINL GROUP INC	COM	59100U108	10,907	240,719	SH		SOLE		240,719	0	0
MID-AMER APT CMNTYS INC	COM	59522J103	1,023	7,083	SH		SOLE		7,083	0	0
MODIVCARE INC	COM ADDED	60783X104	3,653	24,662	SH		SOLE		24,662	0	0
NEXSTAR MEDIA GROUP INC	CL A	65336K103	10,716	76,306	SH		SOLE		76,306	0	0
ONEMAIN HLDGS INC	COM	68268W103	10,090	187,836	SH		SOLE		187,836	0	0
INVESCO	S&P SMLCP 600 RV ETF	68386C302	330	2,898	SH		SOLE		2,898	0	0
PDC ENERGY INC	COM	69327R101	6,533	189,916	SH		SOLE		189,916	0	0
PACIFIC PREMIER BANCORP	COM	69478X105	3,628	83,506	SH		SOLE		83,506	0	0
PEBBLEBROOK HOTEL TR	COM	70509V100	7,963	327,846	SH		SOLE		327,846	0	0
PINNACLE FINL PARTNERS INC	COM	72346Q104	6,638	74,875	SH		SOLE		74,875	0	0
PRIMERICA INC	COM	74164M108	5,999	40,585	SH		SOLE		40,585	0	0
PROG HOLDINGS INC	COM NPV	74319R101	2,682	61,947	SH		SOLE		61,947	0	0
PROLOGIS INC.	COM	74340W103	3,204	30,230	SH		SOLE		30,230	0	0
PUBLIC STORAGE	COM	74460D109	803	3,255	SH		SOLE		3,255	0	0
QTS RLTY TR	INC COM CL A	74736A103	762	12,286	SH		SOLE		12,286	0	0
RANGE RES CORP	COM	75281A109	6,160	596,281	SH		SOLE		596,281	0	0
RENEWABLE ENERGY GROUP INC	COM NEW	75972A301	1,840	27,856	SH		SOLE		27,856	0	0
RESIDEO TECHNOLOGIES INC	COM	76118Y104	4,518	159,914	SH		SOLE		159,914	0	0
RETAIL OPPORTUNITY INVTS COR	COM	76131N101	8,381	528,134	SH		SOLE		528,134	0	0
REXFORD INDL RLTY INC	COM	76169C100	2,166	42,967	SH		SOLE		42,967	0	0
RYMAN HOSPITALITY PPTYS INC	COM	78377T107	907	11,707	SH		SOLE		11,707	0	0
SL GREEN RLTY CORP COM AD	COM	78440X804	838	11,973	SH		SOLE		11,973	0	0
SPDR S&P 500 ETF TR	TR UNIT	78462F103	628	1,584	SH		SOLE		1,584	0	0
SPDR SER TR	S&P REGL BKG	78464A698	864	13,010	SH		SOLE		13,010	0	0
SABRA HEALTH CARE REIT INC	COM	78573L106	7,945	457,627	SH		SOLE		457,627	0	0
SCIENTIFIC GAMES CORP	COM	80874P109	5,488	142,473	SH		SOLE		142,473	0	0
SELECT MED HLDGS CORP	COM	81619Q105	7,282	213,564	SH		SOLE		213,564	0	0
SKYWORKS SOLUTIONS INC	COM	83088M102	303	1,650	SH		SOLE		1,650	0	0
SPECTRUM BRANDS HLDGS INC NE	COM	84790A105	6,214	73,109	SH		SOLE		73,109	0	0
STERLING BANCORP DEL	COM	85917A100	11,151	484,414	SH		SOLE		484,414	0	0
SYNAPTICS INC	COM	87157D109	7,322	54,070	SH		SOLE		54,070	0	0
TRI POINTE HOMES INC	COM	87265H109	4,909	241,109	SH		SOLE		241,109	0	0
TPI COMPOSITES INC	COM	87266J104	4,588	81,302	SH		SOLE		81,302	0	0
TEGNA INC	COM	87901J105	2,799	148,654	SH		SOLE		148,654	0	0
U S CONCRETE INC	COM	90333L201	3,365	45,898	SH		SOLE		45,898	0	0
VANGUARD SCOTTSDALE	RUSSELL 2000 ETF IV	92206C664	3,826	21,462	SH		SOLE		21,462	0	0
VERIZON COMMUNICATIONS INC	COM	92343V104	416	7,156	SH		SOLE		7,156	0	0
VERINT SYS INC	COM	92343X100	3,918	86,118	SH		SOLE		86,118	0	0
WESCO INTL INC	COM	95082P105	5,328	61,573	SH		SOLE		61,573	0	0
EATON CORP PLC	SHS	G29183103	929	6,715	SH		SOLE		6,715	0	0