Teton Advisors (TETAA) 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
1 800 FLOWERS COM INC CL A	COM	68243Q106	2,865	508,804	SH		SOLE		508,804	0	0
AAR CORP COM	COM	000361105	1,555	59,915	SH		SOLE		59,915	0	0
AARON'S INC	COM	002535300	1,482	49,000	SH		SOLE		49,000	0	0
ABM INDS INC COM	COM	000957100	1,050	36,550	SH		SOLE		36,550	0	0
ABRAXAS PETE CORP	COM	003830106	283	71,554	SH		SOLE		71,554	0	0
ACCO BRANDS CORP	COM	00081T108	1,770	287,308	SH		SOLE		287,308	0	0
ACCURAY INC COM	COM	004397105	316	32,960	SH		SOLE		32,960	0	0
ACE LTD SHS	COM	H0023R105	6,346	64,066	SH		SOLE		64,066	0	0
ACTIVISION BLIZZARD,INC	COM	00507V109	8,043	393,472	SH		SOLE		393,472	0	0
AEP INDS INC COM	COM	001031103	1,900	51,224	SH		SOLE		51,224	0	0
AES CORP COM	COM	00130H105	4,364	305,571	SH		SOLE		305,571	0	0
AFFILIATED MANAGERS GROUP	COM	008252108	7,186	35,920	SH		SOLE		35,920	0	0
ALERE INC	COM	01449J105	447	13,000	SH		SOLE		13,000	0	0
ALEXION PHARMACEUTICALS INC CO	COM	015351109	10,847	71,298	SH		SOLE		71,298	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	4,593	125,484	SH		SOLE		125,484	0	0
AMERICAN DG ENERGY INC COM	COM	025398108	44	22,342	SH		SOLE		22,342	0	0
AMERICAN EAGLE OUTFITTERS INCO	COM	02553E106	1,016	83,000	SH		SOLE		83,000	0	0
AMERICAN INTERNATIONAL GROUP I	COM	026874784	250	5,000	SH		SOLE		5,000	0	0
AMERICAN RAILCAR INDS INC COM	COM	02916P103	651	9,292	SH		SOLE		9,292	0	0
AMERICAN TOWER CORP-CL A	COM	03027X100	8,858	108,190	SH		SOLE		108,190	0	0
AMERICAN WATER WORKS CO INC	COM	030420103	295	6,500	SH		SOLE		6,500	0	0
AMPCO PITTSBURGH CORP	COM	032037103	5,290	280,351	SH		SOLE		280,351	0	0
ANCHOR BANK CORP	COM	032838104	1,028	54,850	SH		SOLE		54,850	0	0
ANGIODYNAMICS INC COM	COM	03475V101	1,269	80,566	SH		SOLE		80,566	0	0
ANTERO RESOURCES CORP	COM	03674X106	4,663	74,490	SH		SOLE		74,490	0	0
APPLE INC	COM	037833100	322	600	SH		SOLE		600	0	0
APPROACH RESOURCES INC COM	COM	03834A103	1,041	49,800	SH		SOLE		49,800	0	0
ARCOS DORADOS HOLDINGS INC SHS	COM	G0457F107	2,598	257,785	SH		SOLE		257,785	0	0
ARTESIAN RES CORP COM CL A	COM	043113208	447	19,900	SH		SOLE		19,900	0	0
ARTHROCARE CORP COM	COM	043136100	530	11,000	SH		SOLE		11,000	0	0
ARTISAN PARTNERS ASSET MANAG	COM	04316A108	4,204	65,431	SH		SOLE		65,431	0	0
ASCENT CAPITAL GROUP INC	COM	043632108	13,901	184,000	SH		SOLE		184,000	0	0
ASTEC INDS INC COM	COM	046224101	8,656	197,127	SH		SOLE		197,127	0	0
ASTRONICS CORP COM	COM	046433108	856	13,500	SH		SOLE		13,500	0	0
ATLANTIC TELE NETWORK INC COM	COM	049079205	4,875	73,955	SH		SOLE		73,955	0	0
ATMI INC COM	COM	00207R101	726	21,340	SH		SOLE		21,340	0	0
AVNET INC	COM	053807103	1,021	21,948	SH		SOLE		21,948	0	0
AZZ INC COM	COM	002474104	894	20,000	SH		SOLE		20,000	0	0
BADGER METER INC COM	COM	056525108	1,956	35,500	SH		SOLE		35,500	0	0
BANKUNITED INC COM	COM	06652K103	11,455	329,458	SH		SOLE		329,458	0	0
BARNES GROUP INC COM	COM	067806109	317	8,250	SH		SOLE		8,250	0	0
BASSETT FURNITURE INDS	COM	070203104	2,006	135,070	SH		SOLE		135,070	0	0
BBCN BANCORP INC	COM	073295107	1,204	70,250	SH		SOLE		70,250	0	0
BEASLEY BROADCAST GRP INC.	COM	074014101	5,261	578,088	SH		SOLE		578,088	0	0
BED BATH & BEYOND INC	COM	075896100	9,188	133,547	SH		SOLE		133,547	0	0
BEL FUSE INC CL A	COM	077347201	2,554	132,147	SH		SOLE		132,147	0	0
BENEFICIAL MUTUAL BANCORP INCO	COM	08173R104	162	12,300	SH		SOLE		12,300	0	0
BERKSHIRE HILLS BANCORP INC CO	COM	084680107	220	8,500	SH		SOLE		8,500	0	0
BIG 5 SPORTING GOODS CORP COM	COM	08915P101	3,919	244,200	SH		SOLE		244,200	0	0
BIGLARI HOLDINGS INC	COM	08986R101	9,836	20,177	SH		SOLE		20,177	0	0
BIOLASE TECHNOLOGY INC COM	COM	090911108	825	342,339	SH		SOLE		342,339	0	0
BIOSCRIP INC	COM	09069N108	5,861	839,739	SH		SOLE		839,739	0	0
BIOTELEMETRY INC COM	COM	090672106	1,080	107,000	SH		SOLE		107,000	0	0
BIO-REFERENCE LABS INC COM $.0	COM	09057G602	1,993	72,000	SH		SOLE		72,000	0	0
BLUCORA INC	COM	095229100	1,879	95,417	SH		SOLE		95,417	0	0
BLYTH INC	COM	09643P207	1,181	110,082	SH		SOLE		110,082	0	0
BON-TON STORES INC COM	COM	09776J101	5,007	456,000	SH		SOLE		456,000	0	0
BOSTON BEER INC CL A	COM	100557107	3,451	14,100	SH		SOLE		14,100	0	0
BOSTON PRIVATE FINL HLDGS INCO	COM	101119105	142	10,500	SH		SOLE		10,500	0	0
BOTTOMLINE TECH DEL INC COM	COM	101388106	731	20,800	SH		SOLE		20,800	0	0
BOULDER BRANDS INC COM	COM	101405108	8,559	485,773	SH		SOLE		485,773	0	0
BOYD GAMING CORP	COM	103304101	948	71,800	SH		SOLE		71,800	0	0
BRIGGS & STRATTON CORPORATION	COM	109043109	1,081	48,600	SH		SOLE		48,600	0	0
BRIGHT HORIZONS FAM SOL IN DCO	COM	109194100	4,326	110,611	SH		SOLE		110,611	0	0
BRINKS CO COM	COM	109696104	811	28,400	SH		SOLE		28,400	0	0
BROADWIND ENERGY INC COM NEW	COM	11161T207	2,044	167,235	SH		SOLE		167,235	0	0
BROWN & BROWN INC COM	COM	115236101	649	21,084	SH		SOLE		21,084	0	0
BTU INTL INC COM	COM	056032105	171	55,000	SH		SOLE		55,000	0	0
BUILDERS FIRSTSOURCE	COM	12008R107	841	92,363	SH		SOLE		92,363	0	0
CADIZ INC	COM	127537207	311	44,174	SH		SOLE		44,174	0	0
CALAVO GROWERS INC COM	COM	128246105	5,046	141,814	SH		SOLE		141,814	0	0
CALIFORNIA WTR SVC GROUP COM	COM	130788102	558	23,300	SH		SOLE		23,300	0	0
CALLAWAY GOLF CO COM	COM	131193104	569	55,687	SH		SOLE		55,687	0	0
CALLIDUS SOFTWARE INC COM	COM	13123E500	4,481	357,900	SH		SOLE		357,900	0	0
CALLON PETE CO DEL COM	COM	13123X102	1,631	194,844	SH		SOLE		194,844	0	0
CAMBIUM LEARNING GRP INC COM	COM	13201A107	256	120,000	SH		SOLE		120,000	0	0
CAMERON INTERNATIONAL CORP	COM	13342B105	6,913	111,917	SH		SOLE		111,917	0	0
CANTEL MEDICAL CORP COM	COM	138098108	19,333	573,326	SH		SOLE		573,326	0	0
CANTERBURY PK HLDG CORP	COM	13811E101	877	78,100	SH		SOLE		78,100	0	0
CAPSTONE TURBINE CORP COM	COM	14067D102	1,970	925,100	SH		SOLE		925,100	0	0
CARBONITE INC	COM	141337105	698	68,487	SH		SOLE		68,487	0	0
CARDICA INC COM	COM	14141R101	21	21,000	SH		SOLE		21,000	0	0
CARDINAL FINANCIAL	COM	14149F109	219	12,300	SH		SOLE		12,300	0	0
CARDIOVASCULAR SYS INC DEL COM	COM	141619106	2,832	89,100	SH		SOLE		89,100	0	0
CARPENTER TECHNOLOGY CORP COM	COM	144285103	1,423	21,550	SH		SOLE		21,550	0	0
CASCADE MICROTECH INC COM	COM	147322101	2,571	254,560	SH		SOLE		254,560	0	0
CASELLA WASTE SYS INC CL A	COM	147448104	2,550	499,087	SH		SOLE		499,087	0	0
CASTLE A M & CO COM	COM	148411101	294	20,000	SH		SOLE		20,000	0	0
CATAMARAN CORP	COM	148887102	12,107	270,481	SH		SOLE		270,481	0	0
CAVCO INDUSTRIES	COM	149568107	2,887	36,801	SH		SOLE		36,801	0	0
CBRE GROUP INC CL A	COM	12504L109	9,967	363,363	SH		SOLE		363,363	0	0
CECO ENVIRONMENTAL CORP COM	COM	125141101	196	11,801	SH		SOLE		11,801	0	0
CENVEO INC COM	COM	15670S105	58	19,000	SH		SOLE		19,000	0	0
CEPHEID COM	COM	15670R107	3,224	62,500	SH		SOLE		62,500	0	0
CHASE CORP	COM	16150R104	3,851	122,122	SH		SOLE		122,122	0	0
CHECKPOINT SYS INC COM	COM	162825103	319	23,800	SH		SOLE		23,800	0	0
CHEESECAKE FACTORY INC	COM	163072101	2,715	57,000	SH		SOLE		57,000	0	0
CHEMTURA CORP COM NEW	COM	163893209	2,132	84,300	SH		SOLE		84,300	0	0
CHESAPEAKE UTILS CORP COM	COM	165303108	1,926	30,500	SH		SOLE		30,500	0	0
CHURCHILL DOWNS INC COM	COM	171484108	6,806	74,540	SH		SOLE		74,540	0	0
CINCINNATI BELL	COM	171871106	1,730	500,005	SH		SOLE		500,005	0	0
CINEDIGM CORP COM	COM	172406100	41	16,000	SH		SOLE		16,000	0	0
CIRCOR INTL INC COM	COM	17273K109	10,868	148,200	SH		SOLE		148,200	0	0
CITIZENS & NORTHN CORP COM	COM	172922106	250	12,700	SH		SOLE		12,700	0	0
CITRIX SYS INC COM	COM	177376100	9,160	159,465	SH		SOLE		159,465	0	0
CME GROUP INC COM	COM	12572Q105	207	2,800	SH		SOLE		2,800	0	0
COACH INC	COM	189754104	2,485	50,043	SH		SOLE		50,043	0	0
COASTAL CONTACTS INC COM NEW	COM	19044R207	4,836	431,420	SH		SOLE		431,420	0	0
COBIZ FINANCIAL INC COM	COM	190897108	1,280	111,139	SH		SOLE		111,139	0	0
COCA-COLA ENTERPRISES, INC.	COM	19122T109	9,792	205,015	SH		SOLE		205,015	0	0
COHEN & STEERS INC COM	COM	19247A100	4,105	103,000	SH		SOLE		103,000	0	0
COLDWATER CREEK INC COM NEW	COM	193068202	12	75,000	SH		SOLE		75,000	0	0
COLUMBIA BKG SYS INC COM	COM	197236102	656	23,001	SH		SOLE		23,001	0	0
COLUMBUS MCKINNON CORP N Y COM	COM	199333105	3,817	142,460	SH		SOLE		142,460	0	0
COMMUNICATIONS SYS	COM	203900105	1,764	137,100	SH		SOLE		137,100	0	0
COMPUTER TASK GROUP INC COM	COM	205477102	3,025	178,020	SH		SOLE		178,020	0	0
COMSTOCK RES INC COM NEW	COM	205768203	1,065	46,600	SH		SOLE		46,600	0	0
CONOCOPHILLIPS COM	COM	20825C104	246	3,500	SH		SOLE		3,500	0	0
CONSOL ENERGY INC COM	COM	20854P109	212	5,300	SH		SOLE		5,300	0	0
CONSOLIDATED WATER CO LTD ORD	COM	G23773107	857	65,000	SH		SOLE		65,000	0	0
CONSTANT CONTACT INC	COM	210313102	2,448	100,100	SH		SOLE		100,100	0	0
CONVERGYS CORP COM	COM	212485106	336	15,350	SH		SOLE		15,350	0	0
CORE MOLDING TECH COM	COM	218683100	4,067	319,500	SH		SOLE		319,500	0	0
CORINTHIAN COLLEGES INC COM	COM	218868107	552	400,000	SH		SOLE		400,000	0	0
CORRECTIONS CORP AMER NEW COM	COM	22025Y407	6,793	216,896	SH		SOLE		216,896	0	0
COVANCE INC COM	COM	222816100	8,327	80,145	SH		SOLE		80,145	0	0
COVISINT CORP	COM	22357R103	4,163	567,892	SH		SOLE		567,892	0	0
CROWN HOLDINGS INC COM	COM	228368106	479	10,700	SH		SOLE		10,700	0	0
CROWN MEDIA HLDGS INC CL A	COM	228411104	614	160,000	SH		SOLE		160,000	0	0
CTS CORP	COM	126501105	7,151	342,500	SH		SOLE		342,500	0	0
CUMMINS ENGINE INC	COM	231021106	5,670	38,054	SH		SOLE		38,054	0	0
CUMULUS MEDIA INC CL A	COM	231082108	249	36,000	SH		SOLE		36,000	0	0
CUTERA INC COM	COM	232109108	3,961	354,000	SH		SOLE		354,000	0	0
CYNOSURE INC CL A	COM	232577205	1,319	45,000	SH		SOLE		45,000	0	0
CYRUSONE INC	COM	23283R100	1,500	72,000	SH		SOLE		72,000	0	0
CYTEC INDS INC COM	COM	232820100	6,594	67,559	SH		SOLE		67,559	0	0
C&J ENERGY SVCS INC COM	COM	12467B304	744	25,500	SH		SOLE		25,500	0	0
DAEGIS INC	COM	233720101	50	40,000	SH		SOLE		40,000	0	0
DAKTRONICS INC COM	COM	234264109	549	38,138	SH		SOLE		38,138	0	0
DANA HOLDING CORP COM	COM	235825205	2,443	105,000	SH		SOLE		105,000	0	0
DATAWATCH CORP COM NEW	COM	237917208	827	30,492	SH		SOLE		30,492	0	0
DAWSON GEOPHYSICAL CO COM	COM	239359102	2,081	74,300	SH		SOLE		74,300	0	0
DELTA NAT GAS INC COM	COM	247748106	1,835	88,580	SH		SOLE		88,580	0	0
DENNYS CORP COM	COM	24869P104	582	90,500	SH		SOLE		90,500	0	0
DESTINATION XL GROUP INC	COM	25065K104	169	30,000	SH		SOLE		30,000	0	0
DIAMOND FOODS INC COM	COM	252603105	2,794	80,000	SH		SOLE		80,000	0	0
DIGITAL RIVER INC.	COM	25388B104	2,346	134,619	SH		SOLE		134,619	0	0
DIME CMNTY BANCORP INC COM	COM	253922108	331	19,500	SH		SOLE		19,500	0	0
DISCOVERY COMMS NEW SER C	COM	25470F302	7,914	102,705	SH		SOLE		102,705	0	0
DOT HILL SYS CORP COM	COM	25848T109	1,660	428,823	SH		SOLE		428,823	0	0
DOVER DOWNS GAMING & ENTMT INC	COM	260095104	292	192,000	SH		SOLE		192,000	0	0
DOVER MOTORSPORTS INC.(B:DVD)	COM	260174107	924	369,445	SH		SOLE		369,445	0	0
DU PONT E I DE NEMOURS CO	COM	263534109	201	3,000	SH		SOLE		3,000	0	0
DUCOMMUN INC DEL COM	COM	264147109	3,019	120,485	SH		SOLE		120,485	0	0
DXP ENTERPRISES INC NEW COM NE	COM	233377407	1,044	11,000	SH		SOLE		11,000	0	0
DYCOM INDS INC COM	COM	267475101	1,294	40,950	SH		SOLE		40,950	0	0
EARTHLINK HLDGS CORP COM	COM	27033X101	560	155,000	SH		SOLE		155,000	0	0
EASTERN CO COM	COM	276317104	1,316	81,059	SH		SOLE		81,059	0	0
ECOLAB INC	COM	278865100	8,196	75,898	SH		SOLE		75,898	0	0
EDGEWATER TECHNOLOGY INC COM	COM	280358102	4,950	692,272	SH		SOLE		692,272	0	0
ELECTRO SCIENTIFIC INDS INC CO	COM	285229100	2,678	271,849	SH		SOLE		271,849	0	0
EMCOR GROUP INC COM	COM	29084Q100	468	10,000	SH		SOLE		10,000	0	0
EMULEX CORP COM NEW	COM	292475209	1,182	160,000	SH		SOLE		160,000	0	0
ENERGY RECOVERY INC	COM	29270J100	426	80,000	SH		SOLE		80,000	0	0
ENERGY XXI (BERMUDA) LTD	COM	G10082140	1,167	49,500	SH		SOLE		49,500	0	0
ENTEGRIS INC COM	COM	29362U104	1,984	163,800	SH		SOLE		163,800	0	0
ENTERCOM COMMUNICATIONS CORPCL	COM	293639100	893	88,700	SH		SOLE		88,700	0	0
ENTRAVISION COMM CORP CL A	COM	29382R107	4,520	674,641	SH		SOLE		674,641	0	0
EQUINIX INC COM NEW	COM	29444U502	7,070	38,247	SH		SOLE		38,247	0	0
ETHAN ALLEN INTERIORS INC COM	COM	297602104	1,210	47,550	SH		SOLE		47,550	0	0
EXACT SCIENCES CORP COM	COM	30063P105	6,475	456,936	SH		SOLE		456,936	0	0
EXACTECH INC COM	COM	30064E109	3,434	152,300	SH		SOLE		152,300	0	0
EXPEDITORS INTL WASH INC COM	COM	302130109	5,998	151,350	SH		SOLE		151,350	0	0
FALCONSTOR SOFTWARE INC COM	COM	306137100	1,343	850,000	SH		SOLE		850,000	0	0
FAMOUS DAVES AMER INC COM	COM	307068106	2,968	121,252	SH		SOLE		121,252	0	0
FARMER BROS CO	COM	307675108	1,779	90,286	SH		SOLE		90,286	0	0
FEDERAL MOGUL CORP CL A	COM	313549404	4,165	222,622	SH		SOLE		222,622	0	0
FEDERAL SIGNAL CORP COM	COM	313855108	10,281	690,009	SH		SOLE		690,009	0	0
FERRO CORP	COM	315405100	16,201	1,186,000	SH		SOLE		1,186,000	0	0
FIDELITY NATL TITLE GROUP INCO	COM	31620R105	620	19,727	SH		SOLE		19,727	0	0
FIDELITY SOUTHERN CORP	COM	316394105	157	11,218	SH		SOLE		11,218	0	0
FINANCIAL ENGINES INC COM	COM	317485100	3,797	74,764	SH		SOLE		74,764	0	0
FIRST INTERNET BANCORP COM	COM	320557101	729	32,000	SH		SOLE		32,000	0	0
FLOTEK INDS INC DEL COM	COM	343389102	705	25,300	SH		SOLE		25,300	0	0
FLUSHING FINL CORP COM	COM	343873105	10,482	497,500	SH		SOLE		497,500	0	0
FORMFACTOR INC COM	COM	346375108	3,718	581,838	SH		SOLE		581,838	0	0
FORTEGRA FINL CORP COM	COM	34954W104	352	50,000	SH		SOLE		50,000	0	0
FORTINET INC COM	COM	34959E109	11,252	510,744	SH		SOLE		510,744	0	0
FOSTER L B CO COM	COM	350060109	1,517	32,380	SH		SOLE		32,380	0	0
FREQUENCY ELECTRS INC COM	COM	358010106	108	10,000	SH		SOLE		10,000	0	0
FTI CONSULTING INC COM	COM	302941109	1,349	40,468	SH		SOLE		40,468	0	0
FURMANITE CORPORATION	COM	361086101	4,713	479,961	SH		SOLE		479,961	0	0
G & K SVCS INC CL A	COM	361268105	655	10,700	SH		SOLE		10,700	0	0
GAMING & LEISURE PPTYS INC COM	COM	36467J108	6,522	178,890	SH		SOLE		178,890	0	0
GAS NAT INC COM	COM	367204104	101	10,000	SH		SOLE		10,000	0	0
GASTAR EXPL INC NEW COM	COM	36729W202	524	95,800	SH		SOLE		95,800	0	0
GENCOR INDS INC COM	COM	368678108	265	25,701	SH		SOLE		25,701	0	0
GENCORP INC	COM	368682100	22,269	1,218,900	SH		SOLE		1,218,900	0	0
GENERAL CABLE CORP	COM	369300108	896	35,000	SH		SOLE		35,000	0	0
GENTHERM INC COM	COM	37253A103	965	27,800	SH		SOLE		27,800	0	0
GENTIVA HEALTH SERVICES INC CO	COM	37247A102	1,505	165,000	SH		SOLE		165,000	0	0
GLACIER BANCORP INC NEW COM	COM	37637Q105	875	30,100	SH		SOLE		30,100	0	0
GLOBAL POWER EQUIPMENT GRP INC	COM	37941P306	2,864	144,000	SH		SOLE		144,000	0	0
GLOBAL SOURCES LTD COM	COM	G39300101	7,322	817,192	SH		SOLE		817,192	0	0
GORMAN RUPP CO	COM	383082104	3,370	106,000	SH		SOLE		106,000	0	0
GP STRATEGIES CORP COM	COM	36225V104	2,758	101,271	SH		SOLE		101,271	0	0
GRAHAM CORP COM	COM	384556106	1,115	35,000	SH		SOLE		35,000	0	0
GRAY TELEVISION, INC	COM	389375106	4,537	437,500	SH		SOLE		437,500	0	0
GRAY TELEVISION, INC CL A	COM	389375205	441	52,032	SH		SOLE		52,032	0	0
GREENBRIER COS INC	COM	393657101	2,189	48,000	SH		SOLE		48,000	0	0
GRIFFIN LAND & NUR	COM	398231100	3,644	120,500	SH		SOLE		120,500	0	0
GRIFFON CORP COM	COM	398433102	3,957	331,444	SH		SOLE		331,444	0	0
GSE SYS INC COM	COM	36227K106	51	29,200	SH		SOLE		29,200	0	0
GUIDANCE SOFTWARE INC COM	COM	401692108	7,241	654,729	SH		SOLE		654,729	0	0
GULF ISLAND FABRICATION INC CO	COM	402307102	534	24,690	SH		SOLE		24,690	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	3,931	43,000	SH		SOLE		43,000	0	0
HALCON RESOURCES CORPORATION C	COM	40537Q209	105	24,334	SH		SOLE		24,334	0	0
HALLIBURTON COMPANY	COM	406216101	294	5,000	SH		SOLE		5,000	0	0
HALLMARK FINL SVCS INC ECCOM N	COM	40624Q203	1,453	174,860	SH		SOLE		174,860	0	0
HANCOCK HOLDING CO	COM	410120109	586	16,000	SH		SOLE		16,000	0	0
HANDY & HARMAN HOLDINGS LTD	COM	410315105	8,876	403,264	SH		SOLE		403,264	0	0
HANESBRANDS INC COM	COM	410345102	772	10,100	SH		SOLE		10,100	0	0
HARSCO CORP COM	COM	415864107	4,673	199,427	SH		SOLE		199,427	0	0
HAWKINS INC COM	COM	420261109	478	13,000	SH		SOLE		13,000	0	0
HAYNES INTERNATIONAL INC	COM	420877201	1,145	21,200	SH		SOLE		21,200	0	0
HCC INS HLDGS INC COM	COM	404132102	10,711	235,468	SH		SOLE		235,468	0	0
HEADWATERS INC COM	COM	42210P102	2,107	159,500	SH		SOLE		159,500	0	0
HEARTLAND PMT SYS INC COM	COM	42235N108	937	22,600	SH		SOLE		22,600	0	0
HERITAGE COMMERCE CORP COM	COM	426927109	251	31,200	SH		SOLE		31,200	0	0
HERITAGE FINANCIAL GROUP	COM	42726X102	784	39,900	SH		SOLE		39,900	0	0
HESKA CORPORATION COM NEW	COM	42805E306	433	41,049	SH		SOLE		41,049	0	0
HEXCEL CORP NEW COM	COM	428291108	8,729	200,485	SH		SOLE		200,485	0	0
HICKORY TECH CORP COM	COM	429060106	916	71,600	SH		SOLE		71,600	0	0
HITTITE MICROWAVE CORP COM	COM	43365Y104	9,340	148,162	SH		SOLE		148,162	0	0
HUDSON TECHNOLOGIES INC COM	COM	444144109	302	107,700	SH		SOLE		107,700	0	0
HUDSON VALLEY HOLDING CORP COM	COM	444172100	1,607	84,338	SH		SOLE		84,338	0	0
HUTTIG BLDG PRODS INC COM	COM	448451104	3,825	835,065	SH		SOLE		835,065	0	0
HYATT HOTELS CORP COM CL A	COM	448579102	3,175	59,010	SH		SOLE		59,010	0	0
ICF INTL INC COM	COM	44925C103	928	23,300	SH		SOLE		23,300	0	0
ICU MEDICAL INC	COM	44930G107	468	7,814	SH		SOLE		7,814	0	0
IHS INC CL A	COM	451734107	6,536	53,794	SH		SOLE		53,794	0	0
ILLUMINA	COM	452327109	7,256	48,808	SH		SOLE		48,808	0	0
IMAX CORP COM	COM	45245E109	929	34,000	SH		SOLE		34,000	0	0
INCYTE GENOMICS INC COM	COM	45337C102	5,660	105,763	SH		SOLE		105,763	0	0
INFORMATICA CORP	COM	45666Q102	272	7,200	SH		SOLE		7,200	0	0
INFUSYSTEM HLDGS INC COM	COM	45685K102	1,761	634,235	SH		SOLE		634,235	0	0
INGLES MKTS INC CL A	COM	457030104	4,554	191,200	SH		SOLE		191,200	0	0
INNOVATIVE SOLUTIONS & SUPPOCO	COM	45769N105	1,201	159,494	SH		SOLE		159,494	0	0
INSIGNIA SYS INC COM	COM	45765Y105	672	222,359	SH		SOLE		222,359	0	0
INSULET CORP COM	COM	45784P101	7,615	160,581	SH		SOLE		160,581	0	0
INTEL CORP	COM	458140100	207	8,000	SH		SOLE		8,000	0	0
INTERNAP NETWORK SVCS CORP COM	COM	45885A300	5,024	709,560	SH		SOLE		709,560	0	0
INTERNATIONAL PAPER CO	COM	460146103	239	5,200	SH		SOLE		5,200	0	0
INTERNATIONAL RECTIFIER CORPCO	COM	460254105	1,314	47,938	SH		SOLE		47,938	0	0
INTERSIL HLDG CORP CL A	COM	46069S109	1,854	143,500	SH		SOLE		143,500	0	0
INTRICON CORP COM	COM	46121H109	857	190,417	SH		SOLE		190,417	0	0
INVACARE CORP COM	COM	461203101	2,380	124,814	SH		SOLE		124,814	0	0
INVENTURE FOODS INC	COM	461212102	2,695	192,794	SH		SOLE		192,794	0	0
INVESCO LTD	COM	G491BT108	8,679	234,573	SH		SOLE		234,573	0	0
INVESTORS BANCORP INC COM	COM	46146P102	939	33,979	SH		SOLE		33,979	0	0
ITC HLDGS CORP COM	COM	465685105	9,883	264,614	SH		SOLE		264,614	0	0
ITERIS INC	COM	46564T107	40	20,000	SH		SOLE		20,000	0	0
ITRON INC	COM	465741106	547	15,400	SH		SOLE		15,400	0	0
IXIA COM	COM	45071R109	1,965	157,200	SH		SOLE		157,200	0	0
IXYS CORP DEL COM	COM	46600W106	1,063	93,700	SH		SOLE		93,700	0	0
J.P. MORGAN CHASE & CO	COM	46625H100	206	3,400	SH		SOLE		3,400	0	0
JA SOLAR HOLDINGS CO LTD SPON	COM	466090206	348	34,200	SH		SOLE		34,200	0	0
JMP GROUP INC COM	COM	46629U107	1,202	169,023	SH		SOLE		169,023	0	0
JOHN BEAN TECHNOLOGIES CORP CO	COM	477839104	2,380	77,007	SH		SOLE		77,007	0	0
JOURNAL COMM INC-A	COM	481130102	11,430	1,290,034	SH		SOLE		0	0	1,290,034
JTH HLDG INC CL A	COM	46637N103	1,665	60,025	SH		SOLE		60,025	0	0
KAMAN CORP	COM	483548103	8,022	197,201	SH		SOLE		197,201	0	0
KAR AUCTION SVCS INC COM	COM	48238T109	1,298	42,779	SH		SOLE		42,779	0	0
KENNAMETAL INC COM	COM	489170100	936	21,122	SH		SOLE		21,122	0	0
KEY TECHNOLOGY INC COM	COM	493143101	2,001	151,009	SH		SOLE		151,009	0	0
KIMBALL INTL INC CL B	COM	494274103	2,825	156,000	SH		SOLE		156,000	0	0
KKR & CO. L.P	COM	48248M102	2,075	90,843	SH		SOLE		90,843	0	0
KRATOS DEFENSE & SEC SOLUTIOCO	COM	50077B207	1,223	162,229	SH		SOLE		162,229	0	0
KRISPY KREME DOUGHNUTS INC.	COM	501014104	5,386	303,800	SH		SOLE		303,800	0	0
LA Z BOY CHAIR CO	COM	505336107	650	24,000	SH		SOLE		24,000	0	0
LAKELAND INDS INC.	COM	511795106	73	11,400	SH		SOLE		11,400	0	0
LAWSON PRODS INC COM	COM	520776105	4,070	253,272	SH		SOLE		253,272	0	0
LAYNE CHRISTENSEN CO COM	COM	521050104	6,405	352,110	SH		SOLE		352,110	0	0
LEXICON PHARMACEUTICALS INC	COM	528872104	407	235,000	SH		SOLE		235,000	0	0
LIBERATOR MEDICAL HLDGS INC CO	COM	53012L108	1,038	264,197	SH		SOLE		264,197	0	0
LIBERTY GLOBAL PLC SHS CL C	COM	G5480U120	9,233	226,794	SH		SOLE		226,794	0	0
LIBERTY MEDIA CORP DELAWARE CL	COM	531229102	5,960	45,593	SH		SOLE		45,593	0	0
LIFEWAY FOODS INC COM	COM	531914109	2,401	163,300	SH		SOLE		163,300	0	0
LIMONEIRA CO COM	COM	532746104	3,386	149,316	SH		SOLE		149,316	0	0
LIN MEDIA LLC - A	COM	532771102	4,064	153,366	SH		SOLE		153,366	0	0
LINDSAY CORP	COM	535555106	1,443	16,364	SH		SOLE		16,364	0	0
LIONBRIDGE TECHNOLOGIES INC CO	COM	536252109	3,076	458,356	SH		SOLE		458,356	0	0
LITHIA MOTORS INC.	COM	536797103	1,808	27,200	SH		SOLE		27,200	0	0
LYDALL INC COM	COM	550819106	4,127	180,449	SH		SOLE		180,449	0	0
M D C HLDGS INC COM	COM	552676108	3,862	136,562	SH		SOLE		136,562	0	0
MACQUARIE INFRASTRUCTURE COMPA	COM	55608B105	974	17,000	SH		SOLE		17,000	0	0
MAGNETEK INC	COM	559424403	1,202	63,255	SH		SOLE		63,255	0	0
MARCUS CORP COM	COM	566330106	6,159	368,812	SH		SOLE		368,812	0	0
MARINE PRODS CORP COM	COM	568427108	7,839	1,042,358	SH		SOLE		1,042,358	0	0
MARINEMAX INC COM	COM	567908108	197	13,000	SH		SOLE		13,000	0	0
MARTHA STEWART LIVING OMNI	COM	573083102	872	192,490	SH		SOLE		192,490	0	0
MATERION CORPORATION	COM	576690101	6,067	178,800	SH		SOLE		178,800	0	0
MATRIX SVC CO COM	COM	576853105	397	11,750	SH		SOLE		11,750	0	0
MCCORMICK & CO INC NON VOTING	COM	579780206	4,663	64,992	SH		SOLE		64,992	0	0
MCGRATH RENTCORP COM	COM	580589109	1,528	43,700	SH		SOLE		43,700	0	0
MEAD JOHNSON	COM	582839106	6,836	82,228	SH		SOLE		82,228	0	0
MEADOWBROOK INS GROUP INC COM	COM	58319P108	65	11,200	SH		SOLE		11,200	0	0
MEDALLION FINANCIAL CORP	COM	583928106	1,321	100,000	SH		SOLE		100,000	0	0
MEDIA GENERAL CL A	COM	584404107	20,299	1,105,029	SH		SOLE		1,105,029	0	0
MEDICAL ACTION INDS INC COM	COM	58449L100	498	71,500	SH		SOLE		71,500	0	0
MERCADOLIBRE INC COM	COM	58733R102	6,035	63,455	SH		SOLE		63,455	0	0
MERCK & COMPANY	COM	58933Y105	227	4,000	SH		SOLE		4,000	0	0
MERCURY COMPUTER SYS INC COM	COM	589378108	390	29,500	SH		SOLE		29,500	0	0
MERIDIAN BIOSCIENCE INC COM	COM	589584101	2,070	95,000	SH		SOLE		95,000	0	0
MESA LABS INC COM	COM	59064R109	3,971	44,000	SH		SOLE		44,000	0	0
METHODE ELECTRS INC CL A	COM	591520200	1,343	43,800	SH		SOLE		43,800	0	0
METTLER-TOLEDO INTL INC COM	COM	592688105	5,561	23,594	SH		SOLE		23,594	0	0
MGE ENERGY INC	COM	55277P104	1,736	44,250	SH		SOLE		44,250	0	0
MGP INGREDIENTS INC NEW COM	COM	55303J106	88	13,000	SH		SOLE		13,000	0	0
MIDDLEBY CORP COM	COM	596278101	3,910	14,800	SH		SOLE		14,800	0	0
MIDDLESEX WTR CO COM	COM	596680108	664	30,433	SH		SOLE		30,433	0	0
MINERALS TECHNOLOGIES INC	COM	603158106	258	4,000	SH		SOLE		4,000	0	0
MITCHAM INDS INC COM	COM	606501104	152	10,900	SH		SOLE		10,900	0	0
MITEK SYS INC COM NEW	COM	606710200	977	252,500	SH		SOLE		252,500	0	0
MOCON INC COM	COM	607494101	5,362	321,433	SH		SOLE		321,433	0	0
MODINE MFG CO	COM	607828100	2,294	156,600	SH		SOLE		156,600	0	0
MODUSLINK GLOBAL SOLUTIONS INC	COM	60786L107	2,039	482,016	SH		SOLE		482,016	0	0
MONDELEZ INTERNATIONAL	COM	609207105	207	6,000	SH		SOLE		6,000	0	0
MOOG INC CL A	COM	615394202	301	4,600	SH		SOLE		4,600	0	0
MORGANS HOTEL GROUP CO COM	COM	61748W108	4,563	567,532	SH		SOLE		567,532	0	0
MOSY INC	COM	619718109	237	52,100	SH		SOLE		52,100	0	0
MOTORCAR PTS & ACCESSORS INCCO	COM	620071100	957	36,000	SH		SOLE		36,000	0	0
MOVADO GROUP INC COM	COM	624580106	638	14,000	SH		SOLE		14,000	0	0
MSA SAFETY INC COM	COM	553498106	1,095	19,209	SH		SOLE		19,209	0	0
MSC INDL DIRECT INC CL A	COM	553530106	7,875	91,017	SH		SOLE		91,017	0	0
MTR GAMING GROUP INC COM	COM	553769100	513	100,000	SH		SOLE		100,000	0	0
MTS SYS CORP COM	COM	553777103	397	5,802	SH		SOLE		5,802	0	0
MULTIMEDIA GAMES INC COM	COM	625453105	2,699	92,941	SH		SOLE		92,941	0	0
MVC CAP COM	COM	553829102	610	45,000	SH		SOLE		45,000	0	0
MYERS INDS INC	COM	628464109	6,950	348,900	SH		SOLE		348,900	0	0
MYR GROUP INC DEL COM	COM	55405W104	4,101	161,974	SH		SOLE		161,974	0	0
NATHANS FAMOUS INC NEW COM	COM	632347100	10,621	216,809	SH		SOLE		216,809	0	0
NAUTILUS INC	COM	63910B102	885	91,931	SH		SOLE		91,931	0	0
NEOGEN CORP COM	COM	640491106	5,697	126,750	SH		SOLE		126,750	0	0
NEOGENOMICS INC COM NEW	COM	64049M209	249	71,736	SH		SOLE		71,736	0	0
NETSCOUT SYS INC COM	COM	64115T104	874	23,250	SH		SOLE		23,250	0	0
NEWPARK RES INC COM PAR$0.01NE	COM	651718504	389	34,000	SH		SOLE		34,000	0	0
NEWPORT CORP COM	COM	651824104	2,769	133,876	SH		SOLE		133,876	0	0
NIELSEN HOLDINGS NV	COM	N63218106	9,673	216,734	SH		SOLE		216,734	0	0
NII HLDGS INC CL B NEW	COM	62913F201	1,547	1,300,000	SH		SOLE		1,300,000	0	0
NOBLE CORP PLC	COM	G65431101	4,315	131,808	SH		SOLE		131,808	0	0
NUTRACEUTICAL INTL CORP COM	COM	67060Y101	2,107	81,056	SH		SOLE		81,056	0	0
NUVERRA ENVIRONMENTAL SOLUTI	COM	67091K203	991	48,859	SH		SOLE		48,859	0	0
OCEANFIRST FINL CORP COM	COM	675234108	422	23,850	SH		SOLE		23,850	0	0
OFG BANCORP	COM	67103X102	255	14,850	SH		SOLE		14,850	0	0
OIL DRI CORP AMER COM	COM	677864100	4,466	129,300	SH		SOLE		129,300	0	0
OMNICARE INC COM	COM	681904108	659	11,050	SH		SOLE		11,050	0	0
OMNICELL INC COM	COM	68213N109	1,748	61,077	SH		SOLE		61,077	0	0
OMNICOM GROUP COM	COM	681919106	6,594	90,827	SH		SOLE		90,827	0	0
OMNOVA SOLUTIONS INC COM	COM	682129101	2,699	260,000	SH		SOLE		260,000	0	0
ON SEMICONDUCTOR CORP COM	COM	682189105	1,452	154,420	SH		SOLE		154,420	0	0
OPKO HEALTH INC COM	COM	68375N103	466	50,000	SH		SOLE		50,000	0	0
ORBCOMM INC COM	COM	68555P100	2,953	431,106	SH		SOLE		431,106	0	0
ORITANI FINL CORP DEL COM	COM	68633D103	922	58,292	SH		SOLE		58,292	0	0
ORTHOFIX INTL N V ORD	COM	N6748L102	1,152	38,200	SH		SOLE		38,200	0	0
O'REILLY AUTOMOTIVE INC NEW CO	COM	67103H107	7,676	51,727	SH		SOLE		51,727	0	0
PAIN THERAPEUTICS INC COM	COM	69562K100	610	110,991	SH		SOLE		110,991	0	0
PARK ELECTROCHEMICAL CORP COM	COM	700416209	1,813	60,711	SH		SOLE		60,711	0	0
PARK OHIO HLDGS CORP COM	COM	700666100	8,282	147,500	SH		SOLE		147,500	0	0
PATTERSON COMPANIES INC	COM	703395103	1,731	41,463	SH		SOLE		41,463	0	0
PATTERSON-UTI ENERGY INC COM	COM	703481101	2,030	64,076	SH		SOLE		64,076	0	0
PEABODY ENERGY CORP COM	COM	704549104	3,812	233,305	SH		SOLE		233,305	0	0
PENDRELL CORP	COM	70686R104	55	30,000	SH		SOLE		30,000	0	0
PENFORD CORP COM	COM	707051108	1,463	101,900	SH		SOLE		101,900	0	0
PENSKE AUTOMOTIVE GRP INC COM	COM	70959W103	517	12,100	SH		SOLE		12,100	0	0
PEP BOYS MANNY MOE & JACK	COM	713278109	10,876	855,070	SH		SOLE		855,070	0	0
PERICOM SEMICONDUCTOR CORP COM	COM	713831105	548	70,000	SH		SOLE		70,000	0	0
PFSWEB INC COM NEW	COM	717098206	1,692	188,172	SH		SOLE		188,172	0	0
PHI INC	COM	69336T106	342	8,200	SH		SOLE		8,200	0	0
PHOTOMEDEX INC	COM	719358301	1,211	76,500	SH		SOLE		76,500	0	0
PIER 1 IMPORTS INC SHS BEN INT	COM	720279108	742	39,300	SH		SOLE		39,300	0	0
PIKE ELECTRIC CORP	COM	721283109	2,719	252,666	SH		SOLE		252,666	0	0
PINNACLE ENTMT INC COM	COM	723456109	2,370	100,000	SH		SOLE		100,000	0	0
PIONEER NAT RES CO COM	COM	723787107	8,467	45,243	SH		SOLE		45,243	0	0
POLYCOM INC COM	COM	73172K104	782	57,000	SH		SOLE		57,000	0	0
POLYONE CORP COM	COM	73179P106	836	22,800	SH		SOLE		22,800	0	0
POWELL INDS INC COM	COM	739128106	1,303	20,103	SH		SOLE		20,103	0	0
PREFORMED LINE PRODS CO COM	COM	740444104	534	7,788	SH		SOLE		7,788	0	0
PRG-SCHULTZ INTERNATIONAL INCO	COM	69357C503	2,760	398,225	SH		SOLE		398,225	0	0
PROCERA NETWORKS INC COM NEW	COM	74269U203	412	39,700	SH		SOLE		39,700	0	0
PROGRESS SOFTWARE CORP COM	COM	743312100	954	43,758	SH		SOLE		43,758	0	0
PROVIDENCE & WORCESTER RR COCO	COM	743737108	1,841	104,308	SH		SOLE		104,308	0	0
PTC INC COM	COM	69370C100	643	18,146	SH		SOLE		18,146	0	0
PZENA INVESTMENT MGMT INC CLAS	COM	74731Q103	1,766	150,000	SH		SOLE		150,000	0	0
QLOGIC CORP COM	COM	747277101	1,045	81,977	SH		SOLE		81,977	0	0
QUALSTAR CORP COM	COM	74758R109	19	12,000	SH		SOLE		12,000	0	0
QUANTA SVCS INC COM	COM	74762E102	11,341	307,355	SH		SOLE		307,355	0	0
QUIDEL CORP COM	COM	74838J101	4,015	147,061	SH		SOLE		147,061	0	0
QUMU CORP COM	COM	749063103	1,831	114,418	SH		SOLE		114,418	0	0
RANGE RES CORP COM	COM	75281A109	6,850	82,561	SH		SOLE		82,561	0	0
RAVEN INDS INC COM	COM	754212108	203	6,200	SH		SOLE		6,200	0	0
READING INTERNATIONAL INC CL B	COM	755408200	495	65,856	SH		SOLE		65,856	0	0
READING INTL INC CL A	COM	755408101	2,372	323,623	SH		SOLE		323,623	0	0
REAL GOODS SOLAR INC CL A	COM	75601N104	731	179,700	SH		SOLE		179,700	0	0
REALD INC	COM	75604L105	437	39,100	SH		SOLE		39,100	0	0
REGIONS FINANCIAL CORP (NEW)	COM	7591EP100	6,114	550,297	SH		SOLE		550,297	0	0
REXNORD CORP NEW COM	COM	76169B102	10,891	375,798	SH		SOLE		375,798	0	0
RGC RES INC COM	COM	74955L103	787	41,400	SH		SOLE		41,400	0	0
RLJ ENTMT INC COM	COM	74965F104	201	45,000	SH		SOLE		45,000	0	0
ROCKVILLE FINL INC NEW COM	COM	774188106	2,316	170,400	SH		SOLE		170,400	0	0
ROFIN SINAR TECHNOLOGIES INCCO	COM	775043102	1,775	74,074	SH		SOLE		74,074	0	0
ROSETTA RESOURCES INC COM	COM	777779307	433	9,300	SH		SOLE		9,300	0	0
ROYAL CARIBBEAN CRUISES LTD CO	COM	V7780T103	9,308	170,593	SH		SOLE		170,593	0	0
RPC INC. COMMON	COM	749660106	1,889	92,500	SH		SOLE		92,500	0	0
RTI BIOLOGICS INC COM	COM	74975N105	277	68,000	SH		SOLE		68,000	0	0
RUSH ENTERPRISES INC CL A	COM	781846209	1,894	58,305	SH		SOLE		58,305	0	0
RUSH ENTERPRISES INC CL B	COM	781846308	2,900	103,005	SH		SOLE		103,005	0	0
RYMAN HOSPITALITY PPTYS INC CO	COM	78377T107	378	8,900	SH		SOLE		8,900	0	0
SAFEGUARD SCIENTIFICS INC COM	COM	786449207	1,585	71,468	SH		SOLE		71,468	0	0
SALEM COMMUNICATIONS CORP DECL	COM	794093104	5,586	559,158	SH		SOLE		559,158	0	0
SANOFI-AVENTIS-CVR	COM	80105N113	124	400,000	SH		SOLE		400,000	0	0
SCHAWK INC CL A	COM	806373106	1,030	51,541	SH		SOLE		51,541	0	0
SCHMITT INDS INC ORE COM NEW	COM	806870200	233	79,000	SH		SOLE		79,000	0	0
SCRIPPS E W CO OHIO CL A	COM	811054402	2,835	160,000	SH		SOLE		160,000	0	0
SEACHANGE INTERNATIONAL INC.	COM	811699107	2,625	251,462	SH		SOLE		251,462	0	0
SEALED AIR CORP NEW	COM	81211K100	1,064	32,372	SH		SOLE		32,372	0	0
SEVCON INC	COM	81783K108	4,546	397,735	SH		SOLE		397,735	0	0
SHENANDOAH TELECOMMUNICATIONCD	COM	82312B106	8,105	251,000	SH		SOLE		251,000	0	0
SHILOH INDS INC COM	COM	824543102	559	31,517	SH		SOLE		31,517	0	0
SIMPLICITY BANCORP COM	COM	828867101	528	30,000	SH		SOLE		30,000	0	0
SINCLAIR BROADCAST GROUP INCCL	COM	829226109	894	33,000	SH		SOLE		33,000	0	0
SJW CORP COM	COM	784305104	3,201	108,304	SH		SOLE		108,304	0	0
SKILLED HEALTHCARE GROUP INCCL	COM	83066R107	237	45,000	SH		SOLE		45,000	0	0
SKYLINE CORP	COM	830830105	890	147,045	SH		SOLE		147,045	0	0
SL GREEN RLTY CORP COM	COM	78440X101	3,463	34,414	SH		SOLE		34,414	0	0
SL INDS INC COM	COM	784413106	6,656	270,994	SH		SOLE		270,994	0	0
SNYDERS LANCE INC COM	COM	833551104	4,595	163,000	SH		SOLE		163,000	0	0
SONIC AUTOMOTIVE INC CL A	COM	83545G102	1,495	66,500	SH		SOLE		66,500	0	0
SOUTHWEST BANCORP INC OKLA COM	COM	844767103	699	39,594	SH		SOLE		39,594	0	0
SPEED COMM INC COM	COM	84764T106	1,297	356,200	SH		SOLE		356,200	0	0
SPLUNK INC COM	COM	848637104	4,576	64,004	SH		SOLE		64,004	0	0
STAMPS.COM INC (NEW)	COM	852857200	2,856	85,105	SH		SOLE		85,105	0	0
STANDARD MTR PRODS INC CLASS A	COM	853666105	6,625	185,200	SH		SOLE		185,200	0	0
STANDEX INTL CORP	COM	854231107	2,036	38,000	SH		SOLE		38,000	0	0
STARRETT L S CO CL A	COM	855668109	5,075	318,600	SH		SOLE		318,600	0	0
STATE BK FINL CORP COM	COM	856190103	402	22,700	SH		SOLE		22,700	0	0
STEEL PARTNERS HLDGS L P	COM	85814R107	3,160	186,182	SH		SOLE		186,182	0	0
STERICYCLE INC COM	COM	858912108	4,440	39,077	SH		SOLE		39,077	0	0
STERIS CORP COM	COM	859152100	267	5,600	SH		SOLE		5,600	0	0
STERLING BANCORP/DE	COM	85917A100	308	24,309	SH		SOLE		24,309	0	0
STIFEL FINL CORP COM	COM	860630102	1,808	36,332	SH		SOLE		36,332	0	0
STONERIDGE INC	COM	86183P102	3,090	275,200	SH		SOLE		275,200	0	0
STRATTEC SECURITY CORP.	COM	863111100	14,540	201,296	SH		SOLE		201,296	0	0
SUNOPTA INC COM	COM	8676EP108	3,723	315,265	SH		SOLE		315,265	0	0
SUPERIOR INDS INTL INC	COM	868168105	12,253	597,986	SH		SOLE		597,986	0	0
SURMODICS INC COM	COM	868873100	3,256	144,053	SH		SOLE		144,053	0	0
SVB FINL GROUP COM	COM	78486Q101	412	3,197	SH		SOLE		3,197	0	0
SWS GROUP INC	COM	78503N107	2,660	355,676	SH		SOLE		355,676	0	0
SYNAPTICS INC COM	COM	87157D109	8,949	149,092	SH		SOLE		149,092	0	0
SYNERON MEDICAL LTD ORD SHS	COM	M87245102	1,183	95,000	SH		SOLE		95,000	0	0
TEJON RANCH CO DEL COM	COM	879080109	3,559	105,200	SH		SOLE		105,200	0	0
TEJON RANCH CO WT 08/31/16	WARRANT AND RIGH	879080133	55	15,170	SH		SOLE		15,170	0	0
TELEFLEX INC	COM	879369106	1,012	9,436	SH		SOLE		9,436	0	0
TENNANT CO	COM	880345103	3,301	50,300	SH		SOLE		50,300	0	0
TENNECO AUTOMOTIVE INC COM	COM	880349105	2,149	37,000	SH		SOLE		37,000	0	0
TESCO CORP COM	COM	88157K101	1,145	61,900	SH		SOLE		61,900	0	0
TGC INDS INC COM NEW	COM	872417308	62	10,500	SH		SOLE		10,500	0	0
TITAN MACHY INC COM	COM	88830R101	2,510	160,179	SH		SOLE		160,179	0	0
TOLL BROS INC COM	COM	889478103	6,579	183,272	SH		SOLE		183,272	0	0
TOWER INTL INC COM	COM	891826109	2,846	104,565	SH		SOLE		104,565	0	0
TRANSACT TECHNOLOGIES INC COM	COM	892918103	1,657	144,200	SH		SOLE		144,200	0	0
TREDEGAR INDS INC	COM	894650100	3,276	142,383	SH		SOLE		142,383	0	0
TREE COM INC COM	COM	894675107	233	7,500	SH		SOLE		7,500	0	0
TRIANGLE PETE CORP COM NEW	COM	89600B201	1,628	197,600	SH		SOLE		197,600	0	0
TRINITY BIOTECH PLC SPON ADR N	COM	896438306	2,980	123,000	SH		SOLE		123,000	0	0
TRINITY INDS INC	COM	896522109	1,170	16,228	SH		SOLE		16,228	0	0
TRUSTCO BK CORP N Y COM	COM	898349105	487	69,200	SH		SOLE		69,200	0	0
TWIN DISC INC COM	COM	901476101	7,190	272,982	SH		SOLE		272,982	0	0
TYLER TECHNOLOGIES INC COM	COM	902252105	318	3,800	SH		SOLE		3,800	0	0
U S ENERGY CORP WYO COM	COM	911805109	76	16,000	SH		SOLE		16,000	0	0
ULTRA CLEAN HLDGS INC COM	COM	90385V107	1,802	137,000	SH		SOLE		137,000	0	0
ULTRALIFE BATTERIES INC COM	COM	903899102	1,091	256,732	SH		SOLE		256,732	0	0
ULTRATECH INC COM	COM	904034105	2,499	85,600	SH		SOLE		85,600	0	0
UMPQUA HLDGS CORP COM	COM	904214103	268	14,386	SH		SOLE		14,386	0	0
UNITED GUARDIAN INC COM	COM	910571108	2,220	75,900	SH		SOLE		75,900	0	0
UNIVERSAL HEALTH SVCS INC CL B	COM	913903100	6,650	81,026	SH		SOLE		81,026	0	0
UNIVERSAL TECHNICAL INST INCCO	COM	913915104	4,220	325,900	SH		SOLE		325,900	0	0
URBAN OUTFITTERS INC COM	COM	917047102	5,295	145,190	SH		SOLE		145,190	0	0
UTAH MED PRODS INC COM	COM	917488108	299	5,174	SH		SOLE		5,174	0	0
VALUE LINE INC	COM	920437100	465	31,116	SH		SOLE		31,116	0	0
VALUEVISION MEDIA INC	COM	92047K107	579	119,200	SH		SOLE		119,200	0	0
VASCULAR SOLUTIONS INC COM	COM	92231M109	3,508	133,940	SH		SOLE		133,940	0	0
VCA ANTECH INC COM	COM	918194101	672	20,854	SH		SOLE		20,854	0	0
VERTEX PHARMACEUTICALS INC COM	COM	92532F100	7,952	112,445	SH		SOLE		112,445	0	0
VICOR CORP COM	COM	925815102	2,219	217,591	SH		SOLE		217,591	0	0
VIEWPOINT FINL GROUP INC MD CO	COM	92672A101	2,314	80,200	SH		SOLE		80,200	0	0
VILLAGE SUPER MKT INC CL A NEW	COM	927107409	834	31,581	SH		SOLE		31,581	0	0
VISHAY INTERTECHNOLOGY INC	COM	928298108	361	24,245	SH		SOLE		24,245	0	0
VISHAY PRECISION GROUP INC COM	COM	92835K103	1,498	86,217	SH		SOLE		86,217	0	0
WABASH NATL CORP COM	COM	929566107	963	70,000	SH		SOLE		70,000	0	0
WASHINGTON FED INC	COM	938824109	728	31,250	SH		SOLE		31,250	0	0
WASHINGTON TR BANCORP COM	COM	940610108	2,571	68,620	SH		SOLE		68,620	0	0
WATERSTONE FINL INC MD COM	COM	94188P101	1,124	108,200	SH		SOLE		108,200	0	0
WAUSAU PAPER CORP	COM	943315101	917	72,000	SH		SOLE		72,000	0	0
WEATHERFORD INTERNATIONAL LTD	COM	H27013103	6,257	360,434	SH		SOLE		360,434	0	0
WELLS FARGO & CO NEW	COM	949746101	249	5,000	SH		SOLE		5,000	0	0
WEST MARINE INC COM	COM	954235107	1,526	134,231	SH		SOLE		134,231	0	0
WESTFIELD FINANCIAL INC NEW CO	COM	96008P104	649	87,100	SH		SOLE		87,100	0	0
WET SEAL INC/THE-CLASS A	COM	961840105	613	464,553	SH		SOLE		464,553	0	0
WILLAMETTE VY VINEYARD INC COM	COM	969136100	149	23,000	SH		SOLE		23,000	0	0
WILSHIRE BANCORP INC COM	COM	97186T108	316	28,500	SH		SOLE		28,500	0	0
WINNEBAGO INDS INC COM	COM	974637100	1,671	61,000	SH		SOLE		61,000	0	0
WISDOMTREE INVTS INC COM	COM	97717P104	722	55,000	SH		SOLE		55,000	0	0
WOODWARD INC	COM	980745103	571	13,750	SH		SOLE		13,750	0	0
WORLD WRESTLING ENTERTAINMENT	COM	98156Q108	7,012	242,804	SH		SOLE		242,804	0	0
XENITH BANKSHARES INC COM	COM	98410X105	263	44,000	SH		SOLE		44,000	0	0
XO GROUP INC COM	COM	983772104	484	47,705	SH		SOLE		47,705	0	0
YORK WTR CO COM	COM	987184108	888	43,537	SH		SOLE		43,537	0	0
ZEP INC	COM	98944B108	5,018	283,500	SH		SOLE		283,500	0	0
ZIONS BANCORPORATION COM	COM	989701107	6,913	223,129	SH		SOLE		223,129	0	0
ZYGO CORP COM	COM	989855101	3,568	234,900	SH		SOLE		234,900	0	0