Dorsey Wright & Associates 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
ABB LTD SPONSORED ADR	COM	000375204	2,444,706	80,260	SH		SOLE		80,260	0	0
ABBVIE INC COM	COM	00287Y109	2,733,148	16,912	SH		SOLE		16,912	0	0
ACADIA HEALTHCARE COM	COM	00404A109	2,525,578	30,680	SH		SOLE		30,680	0	0
AEGON N V NY REGISTRY	COM	007924103	2,192,909	435,101	SH		SOLE		435,101	0	0
AES CORP COM	COM	00130H105	282,711	9,830	SH		SOLE		9,830	0	0
AFLAC INC COM	COM	001055102	3,066,964	42,632	SH		SOLE		42,632	0	0
AMERICA MOVIL SAB DE	COM	02364W105	2,163,524	118,875	SH		SOLE		118,875	0	0
AMERICAN FINL GROUP I	COM	025932104	2,694,422	19,627	SH		SOLE		19,627	0	0
AMERICAN INTL GROUP I	COM	026874784	289,197	4,573	SH		SOLE		4,573	0	0
ANTHEM INC COM	COM	036752103	1,727,170	3,367	SH		SOLE		3,367	0	0
APA CORPORATION COM	COM	03743Q108	3,670,427	78,630	SH		SOLE		78,630	0	0
ARCHER DANIELS MIDLAN	COM	039483102	4,368,554	47,050	SH		SOLE		47,050	0	0
ARGENX SE SPONSORED A	COM	04016X101	1,840,735	4,859	SH		SOLE		4,859	0	0
ASTRAZENECA PLC SPONS	COM	046353108	1,963,217	28,956	SH		SOLE		28,956	0	0
BAE SYS PLC SPONSORED	COM	05523R107	2,168,398	52,647	SH		SOLE		52,647	0	0
BANCO BILBAO VIZCAYA	COM	05946K101	1,970,120	327,807	SH		SOLE		327,807	0	0
BELDEN INC COM	COM	077454106	2,470,488	34,360	SH		SOLE		34,360	0	0
BERKLEY W R CORP COM	COM	084423102	4,852,611	66,868	SH		SOLE		66,868	0	0
BERKSHIRE HATHAWAY IN	COM	084670702	2,441,546	7,904	SH		SOLE		7,904	0	0
BLOCK H & R INC COM	COM	093671105	7,483,226	204,964	SH		SOLE		204,964	0	0
BRITISH AMERN TOB PLC	COM	110448107	2,151,644	53,818	SH		SOLE		53,818	0	0
CABOT CORP	COM	127055101	252,054	3,771	SH		SOLE		3,771	0	0
CABOT OIL & GAS CORP	COM	127097103	3,373,795	137,314	SH		SOLE		137,314	0	0
CADENCE DESIGN SYSTEM	COM	127387108	2,133,460	13,281	SH		SOLE		13,281	0	0
CANON INC SPONSORED A	COM	138006309	1,857,109	85,660	SH		SOLE		85,660	0	0
CENTRAIS ELETRICAS BR	COM	15234Q207	1,850,640	233,372	SH		SOLE		233,372	0	0
CF INDS HLDGS INC COM	COM	125269100	1,963,093	23,041	SH		SOLE		23,041	0	0
CIA PARANAENSE DE ENE	COM	20441B605	1,932,996	268,845	SH		SOLE		268,845	0	0
CIGNA CORP	COM	125523100	323,057	975	SH		SOLE		975	0	0
COCA COLA FEMSA S A B	COM	191241108	1,897,993	27,961	SH		SOLE		27,961	0	0
COMMERCIAL METALS CO	COM	201723103	3,423,504	70,880	SH		SOLE		70,880	0	0
CONSTELLATION ENERGY	COM	21037T109	1,434,121	16,635	SH		SOLE		16,635	0	0
COPA HOLDINGS SA CL A	COM	P31076105	1,842,631	22,155	SH		SOLE		22,155	0	0
CREDICORP LTD COM	COM	G2519Y108	2,090,385	15,409	SH		SOLE		15,409	0	0
CULLEN FROST BANKERS	COM	229899109	2,499,754	18,697	SH		SOLE		18,697	0	0
CUMMINS ENGINE INC CO	COM	231021106	268,215	1,107	SH		SOLE		1,107	0	0
CURTISS WRIGHT CORP C	COM	231561101	3,617,838	21,665	SH		SOLE		21,665	0	0
DEVON ENERGY CORP NEW	COM	25179M103	11,043,394	179,538	SH		SOLE		179,538	0	0
DIAGEO P L C SPON ADR	COM	25243Q205	2,580,180	14,480	SH		SOLE		14,480	0	0
DIAMONDBACK ENERGY IN	COM	25278X109	1,806,453	13,207	SH		SOLE		13,207	0	0
DIANA SHIPPING INC CO	COM	Y2066G104	1,430,004	366,668	SH		SOLE		366,668	0	0
EMCOR GROUP INC COM	COM	29084Q100	2,453,294	16,564	SH		SOLE		16,564	0	0
ENPHASE ENERGY INC CO	COM	29355A107	3,769,586	14,227	SH		SOLE		14,227	0	0
EQT CORP COM	COM	26884L109	2,823,372	83,458	SH		SOLE		83,458	0	0
EQUINOR ASA SPONSORED	COM	29446M102	2,801,678	78,237	SH		SOLE		78,237	0	0
EXXON MOBIL CORP COM	COM	30231G102	398,955	3,617	SH		SOLE		3,617	0	0
FLUOR CORP NEW COM	COM	343412102	4,562,123	131,625	SH		SOLE		131,625	0	0
FOMENTO ECONOMICO MEX	COM	344419106	1,834,414	23,482	SH		SOLE		23,482	0	0
GALLAGHER ARTHUR J &	COM	363576109	3,180,075	16,867	SH		SOLE		16,867	0	0
GENMAB A/S	COM	372303206	2,638,833	62,266	SH		SOLE		62,266	0	0
GERDAU S A SPON ADR R	COM	373737105	1,982,218	357,801	SH		SOLE		357,801	0	0
GRAINGER W W INC COM	COM	384802104	2,085,938	3,750	SH		SOLE		3,750	0	0
GREIF BROS CORP	COM	397624107	256,639	3,827	SH		SOLE		3,827	0	0
HANCOCK HLDG CO COM	COM	410120109	2,279,895	47,115	SH		SOLE		47,115	0	0
HDFC BANK LTD ADR REP	COM	40415F101	1,917,943	28,036	SH		SOLE		28,036	0	0
HUBBELL INC COM	COM	443510607	1,379,684	5,879	SH		SOLE		5,879	0	0
ICICI BK LTD ADR	COM	45104G104	3,660,045	167,202	SH		SOLE		167,202	0	0
IDEX CORP COM	COM	45167R104	2,440,619	10,689	SH		SOLE		10,689	0	0
ING GROEP N V SPONSOR	COM	456837103	1,882,711	154,701	SH		SOLE		154,701	0	0
INVESCO DB COMMODITY	COM	46138B103	3,571,465	144,887	SH		SOLE		144,887	0	0
INVESCO DB ENERGY FUN	COM	46140H304	3,529,084	155,672	SH		SOLE		155,672	0	0
INVESCO HIGH YIELD EQ	COM	46137V563	2,362,943	114,207	SH		SOLE		114,207	0	0
IRON MTN INC NEW COM	COM	46284V101	250,546	5,026	SH		SOLE		5,026	0	0
ISHARES TR 20 YR TR B	COM	464287432	2,686,726	26,986	SH		SOLE		26,986	0	0
ISHARES TR 7-10 Y TR	COM	464287440	1,521,564	15,886	SH		SOLE		15,886	0	0
ISHARES TR GRWT ALLOC	COM	464289867	2,364,602	50,140	SH		SOLE		50,140	0	0
ISHARES TR IBOXX HI Y	COM	464288513	1,017,268	13,816	SH		SOLE		13,816	0	0
ISHARES TR IBOXX INV	COM	464287242	1,050,738	9,966	SH		SOLE		9,966	0	0
ISHARES TR JP MOR EM	COM	464288281	1,036,989	12,259	SH		SOLE		12,259	0	0
ISHARES TR MSCI ACWI	COM	464288240	812,357	17,854	SH		SOLE		17,854	0	0
ISHARES TR SELECT DIV	COM	464287168	2,263,903	18,772	SH		SOLE		18,772	0	0
ISHARES TR S&P MC 400	COM	464287705	2,807,381	27,851	SH		SOLE		27,851	0	0
ITAU UNIBANCO BANCO M	COM	465562106	1,946,530	413,276	SH		SOLE		413,276	0	0
IVNESCO DB US DOLLAR	COM	46141D203	2,515,693	90,460	SH		SOLE		90,460	0	0
KBR INC COM	COM	48242W106	5,067,610	95,977	SH		SOLE		95,977	0	0
KEURIG DR PEPPER INC	COM	49271V100	1,842,646	51,673	SH		SOLE		51,673	0	0
KINSALE CAP GROUP INC	COM	49714P108	5,942,268	22,722	SH		SOLE		22,722	0	0
KT CORPORATION SPONSO	COM	48268K101	2,214,135	164,010	SH		SOLE		164,010	0	0
LAMB WESTON HLDGS INC	COM	513272104	1,485,253	16,621	SH		SOLE		16,621	0	0
LANCASTER COLONY CORP	COM	513847103	1,564,589	7,930	SH		SOLE		7,930	0	0
LEIDOS HLDGS INC COM	COM	525327102	289,588	2,753	SH		SOLE		2,753	0	0
LILLY, ELI AND COMPAN	COM	532457108	8,179,482	22,358	SH		SOLE		22,358	0	0
MAKEMYTRIP LIMITED MA	COM	V5633W109	2,194,544	79,599	SH		SOLE		79,599	0	0
MARATHON OIL CORP COM	COM	565849106	5,318,659	196,478	SH		SOLE		196,478	0	0
MCDONALDS CORP	COM	580135101	273,017	1,036	SH		SOLE		1,036	0	0
MCKESSON CORP COM	COM	58155Q103	6,641,157	17,704	SH		SOLE		17,704	0	0
MITSUBISHI UFJ FINL G	COM	606822104	2,444,635	366,512	SH		SOLE		366,512	0	0
MOLSON COORS BREWING	COM	60871R209	232,149	4,506	SH		SOLE		4,506	0	0
MOSAIC CO NEW COM	COM	61945C103	1,540,964	35,126	SH		SOLE		35,126	0	0
NATIONAL FUEL & GAS C	COM	636180101	3,060,878	48,355	SH		SOLE		48,355	0	0
NEXTERA ENERGY INC CO	COM	65339F101	2,289,804	27,390	SH		SOLE		27,390	0	0
NORTHROP GRUMMAN CORP	COM	666807102	6,923,245	12,689	SH		SOLE		12,689	0	0
NOVO-NORDISK A S ADR	COM	670100205	3,890,206	28,744	SH		SOLE		28,744	0	0
NUCOR CORP COM	COM	670346105	2,713,177	20,584	SH		SOLE		20,584	0	0
NVENT ELECTRIC PLC SH	COM	G6700G107	312,261	8,117	SH		SOLE		8,117	0	0
NXP SEMICONDUCTORS N	COM	N6596X109	2,212,846	14,003	SH		SOLE		14,003	0	0
OCCIDENTAL PETE CORP	COM	674599105	1,245,753	19,777	SH		SOLE		19,777	0	0
OCEANPAL INC COM NEW	COM	Y6430L160	21,381	19,262	SH		SOLE		19,262	0	0
OLIN CORP COM PAR $1	COM	680665205	2,758,248	52,101	SH		SOLE		52,101	0	0
ONEOK INC NEW COM	COM	682680103	2,751,319	41,877	SH		SOLE		41,877	0	0
PJSC GAZPROM SPON ADR	COM	368287207	129,084	117,349	SH		SOLE		117,349	0	0
QUANTA SVCS INC COM	COM	74762E102	4,303,785	30,202	SH		SOLE		30,202	0	0
RAYMOND JAMES FINANCI	COM	754730109	2,902,306	27,162	SH		SOLE		27,162	0	0
RELIANCE STEEL & ALUM	COM	759509102	262,362	1,296	SH		SOLE		1,296	0	0
RELX PLC SPONSORED AD	COM	759530108	2,109,850	76,113	SH		SOLE		76,113	0	0
RYDER SYS INC COM	COM	783549108	263,914	3,158	SH		SOLE		3,158	0	0
SELECT SECTOR SPDR TR	COM	81369Y308	2,586,363	34,693	SH		SOLE		34,693	0	0
SELECT SECTOR SPDR TR	COM	81369Y209	2,576,395	18,965	SH		SOLE		18,965	0	0
SELECT SECTOR SPDR TR	COM	81369Y506	3,597,816	41,132	SH		SOLE		41,132	0	0
SOCIEDAD QUIMICA MINE	COM	833635105	1,506,900	18,874	SH		SOLE		18,874	0	0
SPDR SERIES TRUST BRC	COM	78464A359	1,029,018	15,993	SH		SOLE		15,993	0	0
SPDR S&P 500 ETF TR T	COM	78462F103	2,366,859	6,189	SH		SOLE		6,189	0	0
TATA MTRS LTD SPONSOR	COM	876568502	2,873,451	124,338	SH		SOLE		124,338	0	0
TENARIS S A SPONSORED	COM	88031M109	3,859,086	109,758	SH		SOLE		109,758	0	0
TRIP COM GROUP LTD AD	COM	89677Q107	1,942,362	56,464	SH		SOLE		56,464	0	0
TSAKOS ENERGY NAVIGAT	COM	G9108L173	1,736,629	102,577	SH		SOLE		102,577	0	0
UBS GROUP AG SHS	COM	H42097107	2,416,895	129,453	SH		SOLE		129,453	0	0
UNITEDHEALTH GROUP IN	COM	91324P102	2,961,585	5,586	SH		SOLE		5,586	0	0
UNUMPROVIDENT CORP CO	COM	91529Y106	5,895,668	143,692	SH		SOLE		143,692	0	0
VALMONT INDS INC COM	COM	920253101	3,890,994	11,767	SH		SOLE		11,767	0	0
VERTEX PHARMACEUTICAL	COM	92532F100	1,589,445	5,504	SH		SOLE		5,504	0	0
WASTE MGMT INC DEL CO	COM	94106L109	248,655	1,585	SH		SOLE		1,585	0	0
WISDOMTREE TR TOTAL D	COM	97717W109	2,560,886	42,224	SH		SOLE		42,224	0	0
YPF SOCIEDAD ANONIMA	COM	984245100	2,033,205	221,241	SH		SOLE		221,241	0	0
ABB LTD-SPON ADR	COM	000375204	976,334	32,053	SH		SOLE		32,053	0	0
AEGON N.V.-NY REG SHR	COM	007924103	906,983	179,957	SH		SOLE		179,957	0	0
AMERICA MOVIL-SPN ADR CL L	COM	02364W105	878,641	48,277	SH		SOLE		48,277	0	0
ARGENX SE - ADR	COM	04016X101	754,629	1,992	SH		SOLE		1,992	0	0
ASTRAZENECA PLC-SPONS ADR	COM	046353108	792,989	11,696	SH		SOLE		11,696	0	0
BAE SYSTEMS PLC -SPON ADR	COM	05523R107	797,594	18,925	SH		SOLE		18,925	0	0
BANCO BILBAO VIZCAYA-SP ADR	COM	05946K101	797,395	132,678	SH		SOLE		132,678	0	0
BRITISH AMERICAN TOB-SP ADR	COM	110448107	899,830	22,507	SH		SOLE		22,507	0	0
CANON INC-SPONS ADR	COM	138006309	742,648	34,255	SH		SOLE		34,255	0	0
CENTRAIS ELETRICAS BR-SP ADR	COM	15234Q207	791,985	99,872	SH		SOLE		99,872	0	0
COCA-COLA FEMSA SAB-SP ADR	COM	191241108	783,810	11,547	SH		SOLE		11,547	0	0
CIA PARANAENSE ENER-SP ADR	COM	20441B605	752,038	104,595	SH		SOLE		104,595	0	0
DIAGEO PLC-SPONSORED ADR	COM	25243Q205	1,068,427	5,996	SH		SOLE		5,996	0	0
EQUINOR ASA-SPON ADR	COM	29446M102	1,168,659	32,635	SH		SOLE		32,635	0	0
FOMENTO ECONOMICO MEX-SP ADR	COM	344419106	716,360	9,170	SH		SOLE		9,170	0	0
GENMAB A/S -SP ADR	COM	372303206	1,067,340	25,185	SH		SOLE		25,185	0	0
GERDAU SA -SPON ADR	COM	373737105	719,208	129,821	SH		SOLE		129,821	0	0
HDFC BANK LTD-ADR	COM	40415F101	777,138	11,360	SH		SOLE		11,360	0	0
ICICI BANK LTD-SPON ADR	COM	45104G104	1,397,698	63,851	SH		SOLE		63,851	0	0
ING GROEP N.V.-SPONSORED ADR	COM	456837103	725,989	59,654	SH		SOLE		59,654	0	0
ITAU UNIBANCO H-SPON PRF ADR	COM	465562106	847,258	179,885	SH		SOLE		179,885	0	0
KT CORP-SP ADR	COM	48268K101	908,051	67,263	SH		SOLE		67,263	0	0
MITSUBISHI UFJ FINL-SPON ADR	COM	606822104	1,026,453	153,891	SH		SOLE		153,891	0	0
NOVO-NORDISK A/S-SPONS ADR	COM	670100205	1,554,786	11,488	SH		SOLE		11,488	0	0
RELX PLC - SPON ADR	COM	759530108	874,705	31,555	SH		SOLE		31,555	0	0
QUIMICA Y MINERA CHIL-SP ADR	COM	833635105	664,428	8,322	SH		SOLE		8,322	0	0
TATA MOTORS LTD-SPON ADR	COM	876568502	1,171,977	50,713	SH		SOLE		50,713	0	0
TENARIS SA-ADR	COM	88031M109	1,562,088	44,428	SH		SOLE		44,428	0	0
TRIP.COM GROUP LTD-ADR	COM	89677Q107	722,469	21,002	SH		SOLE		21,002	0	0
YPF S.A.-SPONSORED ADR	COM	984245100	886,091	96,419	SH		SOLE		96,419	0	0
CREDICORP LTD	COM	G2519Y108	899,697	6,632	SH		SOLE		6,632	0	0
TSAKOS ENERGY NAVIGATION LTD	COM	G9108L173	742,651	43,866	SH		SOLE		43,866	0	0
UBS GROUP AG-REG	COM	H42097107	1,014,397	54,333	SH		SOLE		54,333	0	0
NXP SEMICONDUCTORS NV	COM	N6596X109	913,255	5,779	SH		SOLE		5,779	0	0
COPA HOLDINGS SA-CLASS A	COM	P31076105	769,738	9,255	SH		SOLE		9,255	0	0
MAKEMYTRIP LTD	COM	V5633W109	859,633	31,180	SH		SOLE		31,180	0	0
INVESCO GOVT AGENCY PRIV 1903	COM	X9USDAIMP	44	44	SH		SOLE		44	0	0
DIANA SHIPPING INC	COM	Y2066G104	629,643	161,447	SH		SOLE		161,447	0	0
OCEANPAL INC	COM	Y6430L160	22,241	20,037	SH		SOLE		20,037	0	0
Aehr Test Systems	COM	00760J108	27,396	1,363	SH		SOLE		1,363	0	0
ALDEYRA THERAPEUTICS INC	COM	01438T106	24,917	3,580	SH		SOLE		3,580	0	0
ALPHA METALLURGICAL RESOURCE	COM	020764106	164,542	1,124	SH		SOLE		1,124	0	0
ALTA EQUIPMENT GROUP INC	COM	02128L106	24,441	1,853	SH		SOLE		1,853	0	0
AMALGAMATED FINANCIAL CORP	COM	022671101	25,275	1,097	SH		SOLE		1,097	0	0
AMBAC FINANCIAL GROUP INC	COM	023139884	29,055	1,666	SH		SOLE		1,666	0	0
ASTRIA THERAPEUTICS INC	COM	04635X102	33,800	2,270	SH		SOLE		2,270	0	0
AVIAT NETWORKS INC	COM	05366Y201	23,393	750	SH		SOLE		750	0	0
AXOGEN INC	COM	05463X106	19,581	1,962	SH		SOLE		1,962	0	0
BCB BANCORP INC	COM	055298103	21,966	1,221	SH		SOLE		1,221	0	0
BRT APARTMENTS CORP	COM	055645303	24,471	1,246	SH		SOLE		1,246	0	0
BARRETT BUSINESS SVCS INC	COM	068463108	28,917	310	SH		SOLE		310	0	0
BAYCOM CORP	COM	07272M107	23,592	1,243	SH		SOLE		1,243	0	0
BEL FUSE INC-CL B	COM	077347300	52,804	1,604	SH		SOLE		1,604	0	0
BIGLARI HOLDINGS INC-B	COM	08986R309	22,486	162	SH		SOLE		162	0	0
BUSINESS FIRST BANCSHARES	COM	12326C105	21,631	977	SH		SOLE		977	0	0
BYLINE BANCORP INC	COM	124411109	26,438	1,151	SH		SOLE		1,151	0	0
CECO ENVIRONMENTAL CORP	COM	125141101	37,726	3,230	SH		SOLE		3,230	0	0
CNB FINANCIAL CORP/PA	COM	126128107	21,411	900	SH		SOLE		900	0	0
CRA INTERNATIONAL INC	COM	12618T105	38,933	318	SH		SOLE		318	0	0
CALERES INC	COM	129500104	26,402	1,185	SH		SOLE		1,185	0	0
CAMBRIDGE BANCORP	COM	132152109	21,513	259	SH		SOLE		259	0	0
CAPITAL CITY BANK GROUP INC	COM	139674105	24,668	759	SH		SOLE		759	0	0
CAPSTAR FINANCIAL HOLDINGS I	COM	14070T102	24,742	1,401	SH		SOLE		1,401	0	0
CARTER BANKSHARES INC	COM	146103106	26,594	1,603	SH		SOLE		1,603	0	0
CHICAGO ATLANTIC REAL ESTATE	COM	167239102	22,032	1,462	SH		SOLE		1,462	0	0
CHINA AUTOMOTIVE SYSTEMS INC	COM	16936R105	20,300	3,500	SH		SOLE		3,500	0	0
CHUY'S HOLDINGS INC	COM	171604101	20,942	740	SH		SOLE		740	0	0
CIVEO CORP	COM	17878Y207	37,662	1,211	SH		SOLE		1,211	0	0
CIVISTA BANCSHARES INC	COM	178867107	22,780	1,035	SH		SOLE		1,035	0	0
CLEARWATER PAPER CORP	COM	18538R103	24,350	644	SH		SOLE		644	0	0
COASTAL FINANCIAL CORP/WA	COM	19046P209	44,336	933	SH		SOLE		933	0	0
COMPUTER PROGRAMS & SYSTEMS	COM	205306103	18,374	675	SH		SOLE		675	0	0
COVENANT LOGISTICS GROUP INC	COM	22284P105	33,256	962	SH		SOLE		962	0	0
CRESCENT CAPITAL BDC INC	COM	225655109	17,981	1,407	SH		SOLE		1,407	0	0
CROSS TIMBERS ROYALTY TRUST	COM	22757R109	34,268	1,347	SH		SOLE		1,347	0	0
CTO REALTY GROWTH INC	COM	22948Q101	25,208	1,379	SH		SOLE		1,379	0	0
CYMABAY THERAPEUTICS INC	COM	23257D103	38,636	6,162	SH		SOLE		6,162	0	0
DLH HOLDINGS CORP	COM	23335Q100	17,489	1,474	SH		SOLE		1,474	0	0
DXP ENTERPRISES INC	COM	233377407	20,249	735	SH		SOLE		735	0	0
DIAMOND HILL INVESTMENT GRP	COM	25264R207	24,793	134	SH		SOLE		134	0	0
DIAMOND OFFSHORE DRILLING IN	COM	25271C201	37,346	3,591	SH		SOLE		3,591	0	0
DIGI INTERNATIONAL INC	COM	253798102	41,996	1,149	SH		SOLE		1,149	0	0
DONEGAL GROUP INC-CL A	COM	257701201	18,531	1,305	SH		SOLE		1,305	0	0
DONNELLEY FINANCIAL SOLUTION	COM	25787G100	49,511	1,281	SH		SOLE		1,281	0	0
DYNE THERAPEUTICS INC	COM	26818M108	20,085	1,733	SH		SOLE		1,733	0	0
89BIO INC	COM	282559103	36,917	2,900	SH		SOLE		2,900	0	0
EPSILON ENERGY LTD	COM	294375209	24,226	3,654	SH		SOLE		3,654	0	0
EQUITY BANCSHARES INC - CL A	COM	29460X109	24,960	764	SH		SOLE		764	0	0
ESQUIRE FINANCIAL HOLDINGS I	COM	29667J101	37,593	869	SH		SOLE		869	0	0
ETHAN ALLEN INTERIORS INC	COM	297602104	24,386	923	SH		SOLE		923	0	0
EZCORP INC-CL A	COM	302301106	30,416	3,732	SH		SOLE		3,732	0	0
FS BANCORP INC	COM	30263Y104	27,354	818	SH		SOLE		818	0	0
FARMLAND PARTNERS INC	COM	31154R109	26,515	2,128	SH		SOLE		2,128	0	0
FIRST BANK/HAMILTON NJ	COM	31931U102	27,850	2,024	SH		SOLE		2,024	0	0
FIRST BUSINESS FINANCIAL SER	COM	319390100	29,021	794	SH		SOLE		794	0	0
FIRST GUARANTY BANCSHARES IN	COM	32043P106	22,231	948	SH		SOLE		948	0	0
FIVE STAR BANCORP	COM	33830T103	23,236	853	SH		SOLE		853	0	0
FORUM ENERGY TECHNOLOGIES IN	COM	34984V209	34,191	1,159	SH		SOLE		1,159	0	0
FRANKLIN COVEY CO	COM	353469109	31,476	673	SH		SOLE		673	0	0
GARRETT MOTION INC	COM	366505105	24,277	3,186	SH		SOLE		3,186	0	0
GENIE ENERGY LTD-B	COM	372284208	26,843	2,596	SH		SOLE		2,596	0	0
GLOBAL PARTNERS LP	COM	37946R109	35,848	1,031	SH		SOLE		1,031	0	0
GOLDEN ENTERTAINMENT INC	COM	381013101	39,270	1,050	SH		SOLE		1,050	0	0
GREEN PLAINS PARTNERS LP	COM	393221106	24,987	1,928	SH		SOLE		1,928	0	0
GREENE COUNTY BANCORP INC	COM	394357107	28,308	493	SH		SOLE		493	0	0
HACKETT GROUP INC/THE	COM	404609109	26,562	1,304	SH		SOLE		1,304	0	0
HALLADOR ENERGY CO	COM	40609P105	55,604	5,566	SH		SOLE		5,566	0	0
HANMI FINANCIAL CORPORATION	COM	410495204	32,918	1,330	SH		SOLE		1,330	0	0
HARROW HEALTH INC	COM	415858109	38,376	2,600	SH		SOLE		2,600	0	0
HAWKINS INC	COM	420261109	20,226	524	SH		SOLE		524	0	0
HAYNES INTERNATIONAL INC	COM	420877201	30,658	671	SH		SOLE		671	0	0
HELIX ENERGY SOLUTIONS GROUP	COM	42330P107	37,225	5,044	SH		SOLE		5,044	0	0
HERITAGE-CRYSTAL CLEAN INC	COM	42726M106	27,640	851	SH		SOLE		851	0	0
HERSHA HOSPITALITY TRUST-A	COM	427825500	19,076	2,239	SH		SOLE		2,239	0	0
HINGHAM INSTITUTION FOR SVGS	COM	433323102	20,145	73	SH		SOLE		73	0	0
HIREQUEST INC	COM	433535101	21,391	1,353	SH		SOLE		1,353	0	0
HOMETRUST BANCSHARES INC	COM	437872104	19,868	822	SH		SOLE		822	0	0
HUDSON TECHNOLOGIES INC	COM	444144109	70,020	6,919	SH		SOLE		6,919	0	0
IMARA INC	COM	45249V107	22,495	5,500	SH		SOLE		5,500	0	0
INDEPENDENT BANK CORP - MICH	COM	453838609	25,379	1,061	SH		SOLE		1,061	0	0
INSPIRED ENTERTAINMENT INC	COM	45782N108	25,340	2,000	SH		SOLE		2,000	0	0
INVESTORS TITLE CO	COM	461804106	19,477	132	SH		SOLE		132	0	0
J. JILL INC	COM	46620W201	31,794	1,282	SH		SOLE		1,282	0	0
JOHN MARSHALL BANCORP INC	COM	47805L101	24,578	854	SH		SOLE		854	0	0
KLX ENERGY SERVICES HOLDING	COM	48253L205	57,123	3,300	SH		SOLE		3,300	0	0
KIMBALL ELECTRONICS INC	COM	49428J109	26,769	1,185	SH		SOLE		1,185	0	0
KIMBELL ROYALTY PARTNERS LP	COM	49435R102	32,816	1,965	SH		SOLE		1,965	0	0
LSI INDUSTRIES INC	COM	50216C108	24,480	2,000	SH		SOLE		2,000	0	0
LINCOLN EDUCATIONAL SERVICES	COM	533535100	19,692	3,401	SH		SOLE		3,401	0	0
MYR GROUP INC/DELAWARE	COM	55405W104	37,288	405	SH		SOLE		405	0	0
MERCANTILE BANK CORP	COM	587376104	23,704	708	SH		SOLE		708	0	0
MERSANA THERAPEUTICS INC	COM	59045L106	17,510	2,988	SH		SOLE		2,988	0	0
METROCITY BANKSHARES INC	COM	59165J105	20,311	939	SH		SOLE		939	0	0
MIDLAND STATES BANCORP INC	COM	597742105	23,905	898	SH		SOLE		898	0	0
MODINE MANUFACTURING CO	COM	607828100	37,933	1,910	SH		SOLE		1,910	0	0
MOVADO GROUP INC	COM	624580106	27,155	842	SH		SOLE		842	0	0
NATHAN'S FAMOUS INC	COM	632347100	26,750	398	SH		SOLE		398	0	0
NATURAL RESOURCE PARTNERS LP	COM	63900P608	47,865	881	SH		SOLE		881	0	0
NINE ENERGY SERVICE INC	COM	65441V101	72,650	5,000	SH		SOLE		5,000	0	0
NORTH EUROPEAN OIL RTY TRUST	COM	659310106	18,908	1,490	SH		SOLE		1,490	0	0
NORTHEAST BANK	COM	66405S100	35,111	834	SH		SOLE		834	0	0
NORTHRIM BANCORP INC	COM	666762109	30,286	555	SH		SOLE		555	0	0
NORTHWEST PIPE CO	COM	667746101	24,668	732	SH		SOLE		732	0	0
OP BANCORP	COM	67109R109	20,546	1,841	SH		SOLE		1,841	0	0
OLD SECOND BANCORP INC	COM	680277100	30,524	1,903	SH		SOLE		1,903	0	0
OPPENHEIMER HOLDINGS-CL A	COM	683797104	24,424	577	SH		SOLE		577	0	0
PCB BANCORP	COM	69320M109	24,872	1,406	SH		SOLE		1,406	0	0
PARKE BANCORP INC	COM	700885106	22,213	1,071	SH		SOLE		1,071	0	0
PEAPACK GLADSTONE FINL CORP	COM	704699107	24,789	666	SH		SOLE		666	0	0
PERMIAN BASIN ROYALTY TRUST	COM	714236106	95,962	3,808	SH		SOLE		3,808	0	0
PREFORMED LINE PRODUCTS CO	COM	740444104	30,984	372	SH		SOLE		372	0	0
PROPHASE LABS INC	COM	74345W108	19,973	2,074	SH		SOLE		2,074	0	0
PROVENTION BIO INC	COM	74374N102	31,393	2,970	SH		SOLE		2,970	0	0
RESOURCES CONNECTION INC	COM	76122Q105	19,023	1,035	SH		SOLE		1,035	0	0
REX AMERICAN RESOURCES CORP	COM	761624105	20,486	643	SH		SOLE		643	0	0
RICHARDSON ELEC LTD	COM	763165107	57,250	2,684	SH		SOLE		2,684	0	0
RUTH'S HOSPITALITY GROUP INC	COM	783332109	17,972	1,161	SH		SOLE		1,161	0	0
SABINE ROYALTY TRUST	COM	785688102	36,914	432	SH		SOLE		432	0	0
SAN JUAN BASIN ROYALTY TR	COM	798241105	58,847	5,153	SH		SOLE		5,153	0	0
SCPHARMACEUTICALS INC	COM	810648105	23,661	3,300	SH		SOLE		3,300	0	0
SENECA FOODS CORP - CL A	COM	817070501	27,428	450	SH		SOLE		450	0	0
SHORE BANCSHARES INC	COM	825107105	22,206	1,274	SH		SOLE		1,274	0	0
SHOTSPOTTER INC	COM	82536T107	20,298	600	SH		SOLE		600	0	0
SILVERCREST ASSET MANAGEME-A	COM	828359109	23,932	1,275	SH		SOLE		1,275	0	0
SOUTH PLAINS FINANCIAL INC	COM	83946P107	20,152	732	SH		SOLE		732	0	0
SOUTHERN MISSOURI BANCORP	COM	843380106	19,844	433	SH		SOLE		433	0	0
STEEL PARTNERS HOLDINGS LP	COM	85814R107	85,001	1,986	SH		SOLE		1,986	0	0
STERLING INFRASTRUCTURE INC	COM	859241101	33,882	1,033	SH		SOLE		1,033	0	0
STONERIDGE INC	COM	86183P102	21,560	1,000	SH		SOLE		1,000	0	0
SUNCOKE ENERGY INC	COM	86722A103	26,770	3,102	SH		SOLE		3,102	0	0
TETRA TECHNOLOGIES INC	COM	88162F105	18,660	5,393	SH		SOLE		5,393	0	0
THERMON GROUP HOLDINGS INC	COM	88362T103	26,787	1,334	SH		SOLE		1,334	0	0
TIPTREE INC	COM	88822Q103	37,216	2,689	SH		SOLE		2,689	0	0
TITAN MACHINERY INC	COM	88830R101	39,333	990	SH		SOLE		990	0	0
TRANSCAT INC	COM	893529107	39,333	555	SH		SOLE		555	0	0
TRAVELCENTERS OF AMERICA INC	COM	89421B109	28,570	638	SH		SOLE		638	0	0
TRUSTCO BANK CORP NY	COM	898349204	26,802	713	SH		SOLE		713	0	0
UFP TECHNOLOGIES INC	COM	902673102	39,847	338	SH		SOLE		338	0	0
UNITY BANCORP INC	COM	913290102	22,493	823	SH		SOLE		823	0	0
VOC ENERGY TRUST	COM	91829B103	36,098	3,481	SH		SOLE		3,481	0	0
VELOCITY FINANCIAL INC	COM	92262D101	21,240	2,201	SH		SOLE		2,201	0	0
VERITIV CORP	COM	923454102	74,973	616	SH		SOLE		616	0	0
VISHAY PRECISION GROUP	COM	92835K103	26,669	690	SH		SOLE		690	0	0
WHITESTONE REIT	COM	966084204	19,752	2,049	SH		SOLE		2,049	0	0
XPONENTIAL FITNESS INC-A	COM	98422X101	27,516	1,200	SH		SOLE		1,200	0	0
YORK WATER CO	COM	987184108	25,279	562	SH		SOLE		562	0	0
ZYNEX INC	COM	98986M103	32,855	2,362	SH		SOLE		2,362	0	0
GREENLIGHT CAPITAL RE LTD-A	COM	G4095J109	22,828	2,801	SH		SOLE		2,801	0	0
TEXTAINER GROUP HOLDINGS LTD	COM	G8766E109	36,499	1,177	SH		SOLE		1,177	0	0
TSAKOS ENERGY NAVIGATION LTD	COM	G9108L173	29,170	1,723	SH		SOLE		1,723	0	0
ITURAN LOCATION AND CONTROL	COM	M6158M104	20,264	959	SH		SOLE		959	0	0
IMMATICS NV	COM	N44445109	17,376	1,995	SH		SOLE		1,995	0	0
INVESCO GOVT AGENCY INSTL 1901	COM	X9USDISLQ	18,996	18,996	SH		SOLE		18,996	0	0
ARDMORE SHIPPING CORP	COM	Y0207T100	56,358	3,911	SH		SOLE		3,911	0	0
CAPITAL PRODUCT PARTNERS LP	COM	Y11082206	29,211	2,140	SH		SOLE		2,140	0	0
DORIAN LPG LTD	COM	Y2106R110	32,537	1,717	SH		SOLE		1,717	0	0
GASLOG PARTNERS LP	COM	Y2687W108	26,873	4,035	SH		SOLE		4,035	0	0
TEEKAY CORP	COM	Y8564W103	25,651	5,650	SH		SOLE		5,650	0	0
TEEKAY TANKERS LTD-CLASS A	COM	Y8565N300	29,978	973	SH		SOLE		973	0	0
WAVE LIFE SCIENCES LTD	COM	Y95308105	30,800	4,400	SH		SOLE		4,400	0	0