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	3,826	485,500	SH		SOLE		485,500	0	0
AARON'S INC	COM	002535300	1,205	48,000	SH		SOLE		48,000	0	0
ABM INDS INC COM	COM	000957100	971	30,050	SH		SOLE		30,050	0	0
ABRAXAS PETE CORP	COM	003830106	22	21,554	SH		SOLE		21,554	0	0
ACCURAY INC COM	COM	004397105	191	32,960	SH		SOLE		32,960	0	0
ACCURIDE CORP NEW	COM	00439T206	655	422,550	SH		SOLE		422,550	0	0
ACME UTD CORP COM	COM	004816104	2,078	127,200	SH		SOLE		127,200	0	0
ACTIVISION BLIZZARD,INC	COM	00507V109	2,163	63,925	SH		SOLE		63,925	0	0
AEP INDS INC COM	COM	001031103	4,916	74,492	SH		SOLE		74,492	0	0
AEROJET ROCKETDYNE HOLDINGS	COM	007800105	19,966	1,218,900	SH		SOLE		1,218,900	0	0
AES CORP COM	COM	00130H105	2,271	192,449	SH		SOLE		192,449	0	0
AFFILIATED MANAGERS GROUP	COM	008252108	2,303	14,184	SH		SOLE		14,184	0	0
ALERE INC	COM	01449J105	643	12,700	SH		SOLE		12,700	0	0
ALEXION PHARMACEUTICALS INC CO	COM	015351109	2,976	21,376	SH		SOLE		21,376	0	0
ALPHABET CLASS C	COM	02079K107	223	300	SH		SOLE		300	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	3,281	80,000	SH		SOLE		80,000	0	0
AMERICAN EAGLE OUTFITTERS INCO	COM	02553E106	1,204	72,200	SH		SOLE		72,200	0	0
AMERICAN INTERNATIONAL GROUP I	COM	026874784	270	5,000	SH		SOLE		5,000	0	0
AMERICAN RAILCAR INDS INC COM	COM	02916P103	378	9,292	SH		SOLE		9,292	0	0
AMERICAN SOFTWARE INC CL A	COM	029683109	1,296	144,013	SH		SOLE		144,013	0	0
AMERICAN TOWER CORP-CL A	COM	03027X100	4,380	42,783	SH		SOLE		42,783	0	0
AMPCO PITTSBURGH CORP	COM	032037103	5,912	425,000	SH		SOLE		425,000	0	0
AMTECH SYS INC COM PAR $0.01N	COM	032332504	117	18,000	SH		SOLE		18,000	0	0
ANCHOR BANK CORP	COM	032838104	1,199	49,400	SH		SOLE		49,400	0	0
ANGIODYNAMICS INC COM	COM	03475V101	748	60,866	SH		SOLE		60,866	0	0
APPLE INC	COM	037833100	458	4,200	SH		SOLE		4,200	0	0
ARCTIC CAT INC COM	COM	039670104	431	25,684	SH		SOLE		25,684	0	0
ARTESIAN RES CORP COM CL A	COM	043113208	677	24,226	SH		SOLE		24,226	0	0
ASCENT CAPITAL GROUP INC	COM	043632108	4,326	292,079	SH		SOLE		292,079	0	0
ASTEC INDS INC COM	COM	046224101	15,287	327,560	SH		SOLE		327,560	0	0
ASTRONICS CORP COM	COM	046433108	515	13,500	SH		SOLE		13,500	0	0
ATLANTIC AMERN CORP COM	COM	048209100	89	20,000	SH		SOLE		20,000	0	0
ATLANTIC TELE NETWORK INC COM	COM	049079205	5,096	67,200	SH		SOLE		67,200	0	0
AVID TECHNOLOGY INC	COM	05367P100	426	63,000	SH		SOLE		63,000	0	0
AZZ INC COM	COM	002474104	1,132	20,000	SH		SOLE		20,000	0	0
BADGER METER INC COM	COM	056525108	931	14,000	SH		SOLE		14,000	0	0
BANKUNITED INC COM	COM	06652K103	4,530	131,526	SH		SOLE		131,526	0	0
BASSETT FURNITURE INDS	COM	070203104	4,836	151,800	SH		SOLE		151,800	0	0
BBCN BANCORP INC	COM	073295107	1,046	68,850	SH		SOLE		68,850	0	0
BEASLEY BROADCAST GRP INC.	COM	074014101	2,565	730,800	SH		SOLE		730,800	0	0
BENEFICIAL BANCORP INC	COM	08171T102	383	27,998	SH		SOLE		27,998	0	0
BERKSHIRE HILLS BANCORP INC CO	COM	084680107	335	12,446	SH		SOLE		12,446	0	0
BEST BUY INC COM	COM	086516101	227	7,000	SH		SOLE		7,000	0	0
BIG 5 SPORTING GOODS CORP COM	COM	08915P101	3,183	286,500	SH		SOLE		286,500	0	0
BIGLARI HOLDINGS INC	COM	08986R101	4,831	12,997	SH		SOLE		12,997	0	0
BIOLASE TECHNOLOGY INC COM	COM	090911108	447	341,461	SH		SOLE		341,461	0	0
BIOSCRIP INC	COM	09069N108	1,401	654,701	SH		SOLE		654,701	0	0
BIOTELEMETRY INC COM	COM	090672106	1,695	145,100	SH		SOLE		145,100	0	0
BLOUNT INTL INC NEW COM	COM	095180105	1,697	170,000	SH		SOLE		170,000	0	0
BLUCORA INC	COM	095229100	1,119	216,785	SH		SOLE		216,785	0	0
BON-TON STORES INC COM	COM	09776J101	1,022	450,000	SH		SOLE		450,000	0	0
BOSTON BEER INC CL A	COM	100557107	1,573	8,500	SH		SOLE		8,500	0	0
BOTTOMLINE TECH DEL INC COM	COM	101388106	497	16,300	SH		SOLE		16,300	0	0
BOYD GAMING CORP	COM	103304101	1,483	71,800	SH		SOLE		71,800	0	0
BRIGGS & STRATTON CORPORATION	COM	109043109	431	18,000	SH		SOLE		18,000	0	0
BRIGHT HORIZONS FAM SOL IN DCO	COM	109194100	1,898	29,294	SH		SOLE		29,294	0	0
BRINKS CO COM	COM	109696104	904	26,900	SH		SOLE		26,900	0	0
BROADWIND ENERGY INC COM NEW	COM	11161T207	269	89,440	SH		SOLE		89,440	0	0
BROWN & BROWN INC COM	COM	115236101	583	16,284	SH		SOLE		16,284	0	0
BUILDERS FIRSTSOURCE	COM	12008R107	398	35,300	SH		SOLE		35,300	0	0
BURLINGTON STORES INC COM	COM	122017106	3,016	53,623	SH		SOLE		53,623	0	0
CABOT MICROELECTRONICS	COM	12709P103	1,342	32,800	SH		SOLE		32,800	0	0
CADIZ INC	COM	127537207	236	45,174	SH		SOLE		45,174	0	0
CALAVO GROWERS INC COM	COM	128246105	3,309	58,000	SH		SOLE		58,000	0	0
CALIFORNIA WTR SVC GROUP COM	COM	130788102	663	24,800	SH		SOLE		24,800	0	0
CALLAWAY GOLF CO COM	COM	131193104	508	55,687	SH		SOLE		55,687	0	0
CALLIDUS SOFTWARE INC COM	COM	13123E500	5,288	317,000	SH		SOLE		317,000	0	0
CALLON PETE CO DEL COM	COM	13123X102	1,724	194,844	SH		SOLE		194,844	0	0
CAMBIUM LEARNING GRP INC COM	COM	13201A107	43	10,000	SH		SOLE		10,000	0	0
CANTEL MEDICAL CORP COM	COM	138098108	11,844	165,973	SH		SOLE		165,973	0	0
CANTERBURY PK HLDG CORP	COM	13811E101	3,679	355,100	SH		SOLE		355,100	0	0
CARBONITE INC	COM	141337105	595	74,687	SH		SOLE		74,687	0	0
CARDIOVASCULAR SYS INC DEL COM	COM	141619106	1,152	111,100	SH		SOLE		111,100	0	0
CAREDX INC	COM	14167L103	50	10,000	SH		SOLE		10,000	0	0
CARPENTER TECHNOLOGY CORP COM	COM	144285103	541	15,800	SH		SOLE		15,800	0	0
CARRIZO OIL & CO INC COM	COM	144577103	637	20,600	SH		SOLE		20,600	0	0
CASCADE MICROTECH INC COM	COM	147322101	4,870	236,160	SH		SOLE		236,160	0	0
CASELLA WASTE SYS INC CL A	COM	147448104	4,068	607,228	SH		SOLE		607,228	0	0
CASTLE A M & CO COM	COM	148411101	54	20,000	SH		SOLE		20,000	0	0
CASTLIGHT HEALTH INC-B	COM	14862Q100	727	218,217	SH		SOLE		218,217	0	0
CAVCO INDUSTRIES	COM	149568107	5,327	57,000	SH		SOLE		57,000	0	0
CBRE GROUP INC CL A	COM	12504L109	4,148	143,918	SH		SOLE		143,918	0	0
CECO ENVIRONMENTAL CORP COM	COM	125141101	98	15,718	SH		SOLE		15,718	0	0
CENVEO INC COM	COM	15670S105	6	14,000	SH		SOLE		14,000	0	0
CEPHEID COM	COM	15670R107	2,085	62,500	SH		SOLE		62,500	0	0
CHASE CORP	COM	16150R104	6,159	117,122	SH		SOLE		117,122	0	0
CHEESECAKE FACTORY INC	COM	163072101	2,920	55,000	SH		SOLE		55,000	0	0
CHEMTURA CORP COM NEW	COM	163893209	2,944	111,500	SH		SOLE		111,500	0	0
CHESAPEAKE UTILS CORP COM	COM	165303108	2,440	38,750	SH		SOLE		38,750	0	0
CHIPOTLE MEXICAN GRILL INC CL	COM	169656105	914	1,941	SH		SOLE		1,941	0	0
CHUBB LTD	COM	H1467J104	3,024	25,382	SH		SOLE		25,382	0	0
CHURCHILL DOWNS INC COM	COM	171484108	10,136	68,540	SH		SOLE		68,540	0	0
CIMAREX ENERGY CO COM	COM	171798101	3,020	31,048	SH		SOLE		31,048	0	0
CINCINNATI BELL	COM	171871106	5,140	1,328,115	SH		SOLE		1,328,115	0	0
CINEDIGM CORP COM	COM	172406100	3	16,000	SH		SOLE		16,000	0	0
CIRCOR INTL INC COM	COM	17273K109	8,578	184,900	SH		SOLE		184,900	0	0
CITIZENS & NORTHN CORP COM	COM	172922106	362	18,200	SH		SOLE		18,200	0	0
CME GROUP INC COM	COM	12572Q105	269	2,800	SH		SOLE		2,800	0	0
COBIZ FINANCIAL INC COM	COM	190897108	1,525	129,039	SH		SOLE		129,039	0	0
COCA-COLA ENTERPRISES, INC.	COM	19122T109	3,160	62,278	SH		SOLE		62,278	0	0
COGENTIX MEDICAL INC	COM	19243A104	132	120,000	SH		SOLE		120,000	0	0
COHEN & STEERS INC COM	COM	19247A100	4,087	105,000	SH		SOLE		105,000	0	0
COLUMBIA BKG SYS INC COM	COM	197236102	239	8,001	SH		SOLE		8,001	0	0
COLUMBUS MCKINNON CORP N Y COM	COM	199333105	2,012	127,660	SH		SOLE		127,660	0	0
COMMUNICATIONS SYS	COM	203900105	2,245	305,390	SH		SOLE		305,390	0	0
COMSCORE INC	COM	20564W105	1,802	60,000	SH		SOLE		60,000	0	0
CONSOLIDATED COMM HLDGS INC CO	COM	209034107	1,051	40,801	SH		SOLE		40,801	0	0
CONSOLIDATED WATER CO LTD ORD	COM	G23773107	791	65,000	SH		SOLE		65,000	0	0
CORE MOLDING TECH COM	COM	218683100	3,859	309,202	SH		SOLE		309,202	0	0
CORNERSTONE ONDEMAND INC COM	COM	21925Y103	4,503	137,409	SH		SOLE		137,409	0	0
CORRECTIONS CORP AMER NEW COM	COM	22025Y407	2,753	85,910	SH		SOLE		85,910	0	0
COTT CORP COM	COM	22163N106	1,528	110,000	SH		SOLE		110,000	0	0
COVISINT CORP	COM	22357R103	648	324,037	SH		SOLE		324,037	0	0
CROWN HOLDINGS INC COM	COM	228368106	377	7,600	SH		SOLE		7,600	0	0
CROWN MEDIA HLDGS INC CL A	COM	228411104	676	133,000	SH		SOLE		133,000	0	0
CTS CORP	COM	126501105	5,487	348,577	SH		SOLE		348,577	0	0
CUMMINS ENGINE INC	COM	231021106	2,279	20,725	SH		SOLE		20,725	0	0
CUMULUS MEDIA INC CL A	COM	231082108	18	38,000	SH		SOLE		38,000	0	0
CUTERA INC COM	COM	232109108	3,814	339,000	SH		SOLE		339,000	0	0
CYPRESS SEMICONDUCTOR CORP COM	COM	232806109	1,240	143,200	SH		SOLE		143,200	0	0
DAKOTA PLAINS HLDGS INC COM	COM	234255107	1	15,000	SH		SOLE		15,000	0	0
DAKTRONICS INC COM	COM	234264109	474	60,000	SH		SOLE		60,000	0	0
DANA HOLDING CORP COM	COM	235825205	1,479	105,000	SH		SOLE		105,000	0	0
DATAWATCH CORP COM NEW	COM	237917208	149	30,000	SH		SOLE		30,000	0	0
DAWSON GEOPHYSICAL CO NEW COM	COM	239360100	82	18,000	SH		SOLE		18,000	0	0
DELTA NAT GAS INC COM	COM	247748106	2,431	105,000	SH		SOLE		105,000	0	0
DENNYS CORP COM	COM	24869P104	787	76,000	SH		SOLE		76,000	0	0
DESTINATION XL GROUP INC	COM	25065K104	155	30,000	SH		SOLE		30,000	0	0
DIGI INTL INC COM	COM	253798102	529	56,101	SH		SOLE		56,101	0	0
DIME CMNTY BANCORP INC COM	COM	253922108	631	35,800	SH		SOLE		35,800	0	0
DIPLOMAT PHARMACY INC COM	COM	25456K101	1,351	49,290	SH		SOLE		49,290	0	0
DISCOVERY COMMS NEW SER C	COM	25470F302	3,710	137,393	SH		SOLE		137,393	0	0
DOVER DOWNS GAMING & ENTMT INC	COM	260095104	149	139,000	SH		SOLE		139,000	0	0
DUCOMMUN INC DEL COM	COM	264147109	1,916	125,642	SH		SOLE		125,642	0	0
DXP ENTERPRISES INC NEW COM NE	COM	233377407	214	12,200	SH		SOLE		12,200	0	0
EARTHLINK HLDGS CORP COM	COM	27033X101	3,375	595,250	SH		SOLE		595,250	0	0
EASTERN CO COM	COM	276317104	5,435	331,022	SH		SOLE		331,022	0	0
ECOLAB INC	COM	278865100	3,346	30,006	SH		SOLE		30,006	0	0
EDGEWATER TECHNOLOGY INC COM	COM	280358102	5,496	705,520	SH		SOLE		705,520	0	0
ELDORADO RESORTS INC COM	COM	28470R102	904	79,000	SH		SOLE		79,000	0	0
ELECTRO SCIENTIFIC INDS INC CO	COM	285229100	532	74,439	SH		SOLE		74,439	0	0
ELECTROMED INC COM	COM	285409108	322	77,500	SH		SOLE		77,500	0	0
ELIZABETH ARDEN INC	COM	28660G106	311	38,000	SH		SOLE		38,000	0	0
EMCOR GROUP INC COM	COM	29084Q100	1,147	23,600	SH		SOLE		23,600	0	0
ENERGY RECOVERY INC	COM	29270J100	703	68,000	SH		SOLE		68,000	0	0
ENERSYS COM	COM	29275Y102	990	17,776	SH		SOLE		17,776	0	0
ENTEGRIS INC COM	COM	29362U104	4,134	303,500	SH		SOLE		303,500	0	0
ENTERCOM COMMUNICATIONS CORPCL	COM	293639100	917	86,700	SH		SOLE		86,700	0	0
ENTRAVISION COMM CORP CL A	COM	29382R107	5,340	717,763	SH		SOLE		717,763	0	0
EQUINIX INC COM	COM	29444U700	4,713	14,251	SH		SOLE		14,251	0	0
ETHAN ALLEN INTERIORS INC COM	COM	297602104	5,495	172,678	SH		SOLE		172,678	0	0
EVINE LIVE INC	COM	300487105	280	239,200	SH		SOLE		239,200	0	0
EXACT SCIENCES CORP COM	COM	30063P105	2,180	323,429	SH		SOLE		323,429	0	0
EXACTECH INC COM	COM	30064E109	4,710	232,473	SH		SOLE		232,473	0	0
EXELIXIS INC COM	COM	30161Q104	800	200,000	SH		SOLE		200,000	0	0
EXPEDITORS INTL WASH INC COM	COM	302130109	2,303	47,190	SH		SOLE		47,190	0	0
EXTREME NETWORKS INC COM	COM	30226D106	1,715	551,400	SH		SOLE		551,400	0	0
FALCONSTOR SOFTWARE INC COM	COM	306137100	1,072	800,000	SH		SOLE		800,000	0	0
FAMOUS DAVES AMER INC COM	COM	307068106	562	92,203	SH		SOLE		92,203	0	0
FARMER BROS CO	COM	307675108	5,460	195,913	SH		SOLE		195,913	0	0
FARMERS NATL BANC CORP COM	COM	309627107	356	40,000	SH		SOLE		40,000	0	0
FARO TECHNOLOGIES INC COM	COM	311642102	667	20,700	SH		SOLE		20,700	0	0
FEDERAL MOGUL CORP CL A	COM	313549404	3,952	400,000	SH		SOLE		400,000	0	0
FEDERAL SIGNAL CORP COM	COM	313855108	9,812	740,000	SH		SOLE		740,000	0	0
FERRO CORP	COM	315405100	14,280	1,203,000	SH		SOLE		1,203,000	0	0
FIDELITY SOUTHERN CORP	COM	316394105	183	11,418	SH		SOLE		11,418	0	0
FINANCIAL ENGINES INC COM	COM	317485100	1,389	44,180	SH		SOLE		44,180	0	0
FIRST INTERNET BANCORP COM	COM	320557101	748	32,000	SH		SOLE		32,000	0	0
FLOTEK INDS INC DEL COM	COM	343389102	185	25,300	SH		SOLE		25,300	0	0
FLUSHING FINL CORP COM	COM	343873105	12,901	596,700	SH		SOLE		596,700	0	0
FORMFACTOR INC COM	COM	346375108	3,053	419,928	SH		SOLE		419,928	0	0
FORTINET INC COM	COM	34959E109	6,654	217,223	SH		SOLE		217,223	0	0
FORTUNE BRANDS HOME & SECURITY	COM	34964C106	4,328	77,235	SH		SOLE		77,235	0	0
FOSTER L B CO COM	COM	350060109	1,218	67,089	SH		SOLE		67,089	0	0
FREQUENCY ELECTRS INC COM	COM	358010106	200	20,000	SH		SOLE		20,000	0	0
FRP HLDGS INC COM	COM	30292L107	819	23,000	SH		SOLE		23,000	0	0
FTI CONSULTING INC COM	COM	302941109	1,231	34,668	SH		SOLE		34,668	0	0
FULL HOUSE RESORTS INC COM	COM	359678109	374	260,000	SH		SOLE		260,000	0	0
GAMING & LEISURE PPTYS INC COM	COM	36467J108	2,187	70,746	SH		SOLE		70,746	0	0
GAS NAT INC COM	COM	367204104	219	28,000	SH		SOLE		28,000	0	0
GASTAR EXPL INC NEW COM	COM	36729W202	105	95,800	SH		SOLE		95,800	0	0
GENCOR INDS INC COM	COM	368678108	5,248	358,974	SH		SOLE		358,974	0	0
GENERAL ELEC CO	COM	369604103	223	7,000	SH		SOLE		7,000	0	0
GENESIS HEALTHCARE INC CL A CO	COM	37185X106	97	42,000	SH		SOLE		42,000	0	0
GENTHERM INC COM	COM	37253A103	557	13,400	SH		SOLE		13,400	0	0
GIBRALTER INDUSTRIES INC	COM	374689107	4,033	141,000	SH		SOLE		141,000	0	0
GLACIER BANCORP INC NEW COM	COM	37637Q105	646	25,400	SH		SOLE		25,400	0	0
GLOBAL POWER EQUIPMENT GRP INC	COM	37941P306	138	46,000	SH		SOLE		46,000	0	0
GLOBAL SOURCES LTD COM	COM	G39300101	3,720	459,202	SH		SOLE		459,202	0	0
GOLDEN ENTERTAINMENT INC	COM	381013101	5,014	462,563	SH		SOLE		462,563	0	0
GORMAN RUPP CO	COM	383082104	3,189	123,000	SH		SOLE		123,000	0	0
GP STRATEGIES CORP COM	COM	36225V104	2,775	101,271	SH		SOLE		101,271	0	0
GRAHAM CORP COM	COM	384556106	657	33,000	SH		SOLE		33,000	0	0
GRAY TELEVISION, INC	COM	389375106	3,018	257,500	SH		SOLE		257,500	0	0
GRAY TELEVISION, INC CL A	COM	389375205	828	80,042	SH		SOLE		80,042	0	0
GREATBATCH INC	COM	39153L106	356	10,000	SH		SOLE		10,000	0	0
GREENBRIER COS INC	COM	393657101	1,155	41,800	SH		SOLE		41,800	0	0
GRIFFIN INDUSTRIAL REALTY IN	COM	398231100	6,020	245,094	SH		SOLE		245,094	0	0
GRIFFON CORP COM	COM	398433102	6,685	432,703	SH		SOLE		432,703	0	0
GSE SYS INC COM	COM	36227K106	55	20,000	SH		SOLE		20,000	0	0
GUIDANCE SOFTWARE INC COM	COM	401692108	2,552	593,507	SH		SOLE		593,507	0	0
GULF ISLAND FABRICATION INC CO	COM	402307102	131	16,671	SH		SOLE		16,671	0	0
GULFPORT ENERGY CORP COM NEW	COM	402635304	2,229	78,653	SH		SOLE		78,653	0	0
GYRODYNE LLC COM	COM	403829104	200	7,431	SH		SOLE		7,431	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	3,273	80,000	SH		SOLE		80,000	0	0
HALLMARK FINL SVCS INC ECCOM N	COM	40624Q203	2,114	183,860	SH		SOLE		183,860	0	0
HANCOCK HOLDING CO	COM	410120109	344	15,000	SH		SOLE		15,000	0	0
HANDY & HARMAN HOLDINGS LTD	COM	410315105	246	9,000	SH		SOLE		9,000	0	0
HANESBRANDS INC COM	COM	410345102	1,985	70,026	SH		SOLE		70,026	0	0
HARVARD BIOSCIENCE INC COM	COM	416906105	469	155,392	SH		SOLE		155,392	0	0
HAVERTY FURNITURE INC COM	COM	419596101	440	20,800	SH		SOLE		20,800	0	0
HAWKINS INC COM	COM	420261109	5,741	159,081	SH		SOLE		159,081	0	0
HAYNES INTERNATIONAL INC	COM	420877201	986	27,000	SH		SOLE		27,000	0	0
HC2 HLDGS INC COM	COM	404139107	2,728	714,117	SH		SOLE		714,117	0	0
HEADWATERS INC COM	COM	42210P102	2,680	135,100	SH		SOLE		135,100	0	0
HEMISPHERE MEDIA GROUP INC CL	COM	42365Q103	437	33,300	SH		SOLE		33,300	0	0
HERITAGE COMMERCE CORP COM	COM	426927109	260	26,000	SH		SOLE		26,000	0	0
HESKA CORPORATION COM NEW	COM	42805E306	1,083	38,000	SH		SOLE		38,000	0	0
HEXCEL CORP NEW COM	COM	428291108	4,007	91,678	SH		SOLE		91,678	0	0
HILLTOP HOLDINGS INC COM	COM	432748101	1,510	80,000	SH		SOLE		80,000	0	0
HOME DEPOT INC	COM	437076102	267	2,000	SH		SOLE		2,000	0	0
HOMESTREET INC COM	COM	43785V102	624	30,000	SH		SOLE		30,000	0	0
HONEYWELL INT'L INC	COM	438516106	224	2,000	SH		SOLE		2,000	0	0
HUDSON TECHNOLOGIES INC COM	COM	444144109	353	107,700	SH		SOLE		107,700	0	0
HUTTIG BLDG PRODS INC COM	COM	448451104	3,189	866,565	SH		SOLE		866,565	0	0
HYATT HOTELS CORP COM CL A	COM	448579102	2,972	60,061	SH		SOLE		60,061	0	0
ICF INTL INC COM	COM	44925C103	801	23,300	SH		SOLE		23,300	0	0
ICU MEDICAL INC	COM	44930G107	803	7,714	SH		SOLE		7,714	0	0
IHS INC CL A	COM	451734107	3,148	25,357	SH		SOLE		25,357	0	0
ILLUMINA	COM	452327109	2,810	17,334	SH		SOLE		17,334	0	0
IMAX CORP COM	COM	45245E109	995	32,000	SH		SOLE		32,000	0	0
INCYTE GENOMICS INC COM	COM	45337C102	2,563	35,371	SH		SOLE		35,371	0	0
INFUSYSTEM HLDGS INC COM	COM	45685K102	2,231	633,835	SH		SOLE		633,835	0	0
INGLES MKTS INC CL A	COM	457030104	6,495	173,200	SH		SOLE		173,200	0	0
INNOVATIVE SOLUTIONS & SUPPOCO	COM	45769N105	444	168,710	SH		SOLE		168,710	0	0
INSIGNIA SYS INC COM	COM	45765Y105	896	314,509	SH		SOLE		314,509	0	0
INSULET CORP COM	COM	45784P101	2,458	74,137	SH		SOLE		74,137	0	0
INTERNAP NETWORK SVCS CORP COM	COM	45885A300	1,517	555,590	SH		SOLE		555,590	0	0
INTERSIL HLDG CORP CL A	COM	46069S109	1,095	81,900	SH		SOLE		81,900	0	0
INTEVAC INC COM	COM	461148108	814	180,869	SH		SOLE		180,869	0	0
INTRICON CORP COM	COM	46121H109	1,142	179,234	SH		SOLE		179,234	0	0
INVACARE CORP COM	COM	461203101	2,923	221,970	SH		SOLE		221,970	0	0
INVENTURE FOODS INC	COM	461212102	1,426	252,394	SH		SOLE		252,394	0	0
INVESCO LTD	COM	G491BT108	2,856	92,811	SH		SOLE		92,811	0	0
INVESTORS BANCORP INC	COM	46146L101	1,199	103,046	SH		SOLE		103,046	0	0
IRIDIUM COMMUNICATIONS INC COM	COM	46269C102	79	10,000	SH		SOLE		10,000	0	0
ITC HLDGS CORP COM	COM	465685105	5,442	124,892	SH		SOLE		124,892	0	0
ITERIS INC	COM	46564T107	49	20,000	SH		SOLE		20,000	0	0
IXIA COM	COM	45071R109	1,807	145,000	SH		SOLE		145,000	0	0
IXYS CORP DEL COM	COM	46600W106	1,051	93,700	SH		SOLE		93,700	0	0
J.P. MORGAN CHASE & CO	COM	46625H100	201	3,400	SH		SOLE		3,400	0	0
JA SOLAR HOLDINGS CO LTD SPON	COM	466090206	338	39,200	SH		SOLE		39,200	0	0
JAMBA INC COM NEW	COM	47023A309	438	35,400	SH		SOLE		35,400	0	0
JASON INDS INC COM	COM	471172106	88	25,000	SH		SOLE		25,000	0	0
JOHN BEAN TECHNOLOGIES CORP CO	COM	477839104	5,508	97,649	SH		SOLE		97,649	0	0
JOURNAL MEDIA GROUP INC COM	COM	48114A109	4,214	352,367	SH		SOLE		352,367	0	0
KAMAN CORP	COM	483548103	8,423	197,301	SH		SOLE		197,301	0	0
KAR AUCTION SVCS INC COM	COM	48238T109	1,410	36,979	SH		SOLE		36,979	0	0
KEY ENERGY SVCS INC COM	COM	492914106	6	15,000	SH		SOLE		15,000	0	0
KEY TECHNOLOGY INC COM	COM	493143101	1,057	155,009	SH		SOLE		155,009	0	0
KIMBALL ELECTRONICS INC COM	COM	49428J109	2,837	254,000	SH		SOLE		254,000	0	0
KIMBALL INTL INC CL B	COM	494274103	8,061	710,179	SH		SOLE		710,179	0	0
KINDER MORGAN INC WT EXP 05/25	WARRANT AND RIGH	49456B119	2	50,000	SH		SOLE		50,000	0	0
KKR & CO. L.P	COM	48248M102	1,334	90,843	SH		SOLE		90,843	0	0
KOPIN CORP COM	COM	500600101	307	185,000	SH		SOLE		185,000	0	0
KRISPY KREME DOUGHNUTS INC.	COM	501014104	4,665	299,200	SH		SOLE		299,200	0	0
LA Z BOY CHAIR CO	COM	505336107	1,578	59,000	SH		SOLE		59,000	0	0
LABORATORY CORP AMER HLDGS COM	COM	50540R409	3,142	26,828	SH		SOLE		26,828	0	0
LAKELAND INDS INC.	COM	511795106	140	11,400	SH		SOLE		11,400	0	0
LANDAUER INC	COM	51476K103	265	8,000	SH		SOLE		8,000	0	0
LANDS END INC NEW COM	COM	51509F105	714	28,000	SH		SOLE		28,000	0	0
LAWSON PRODS INC COM	COM	520776105	4,957	253,172	SH		SOLE		253,172	0	0
LAYNE CHRISTENSEN CO COM	COM	521050104	1,496	208,000	SH		SOLE		208,000	0	0
LEGACY TEX FINL GROUP INC COM	COM	52471Y106	1,173	59,700	SH		SOLE		59,700	0	0
LENDING TREE INC.	COM	52603B107	2,073	21,200	SH		SOLE		21,200	0	0
LIBERTY BROADBAND CORP SERIES	COM	530307305	1,155	19,931	SH		SOLE		19,931	0	0
LIBERTY GLOBAL PLC SHS CL C	COM	G5480U120	3,013	80,218	SH		SOLE		80,218	0	0
LIBERTY INTERACTIVE CORP	COM	53071M104	991	39,256	SH		SOLE		39,256	0	0
LIBERTY MEDIA CORP SERIES C	COM	531229300	2,053	53,895	SH		SOLE		53,895	0	0
LIBERTY TAX INC	COM	53128T102	1,235	63,025	SH		SOLE		63,025	0	0
LIFEWAY FOODS INC COM	COM	531914109	1,872	172,808	SH		SOLE		172,808	0	0
LIMONEIRA CO COM	COM	532746104	3,028	199,236	SH		SOLE		199,236	0	0
LINDSAY CORP	COM	535555106	1,122	15,664	SH		SOLE		15,664	0	0
LINKEDIN CORP COM CL A	COM	53578A108	561	4,904	SH		SOLE		4,904	0	0
LIONBRIDGE TECHNOLOGIES INC CO	COM	536252109	2,319	458,356	SH		SOLE		458,356	0	0
LITHIA MOTORS INC.	COM	536797103	2,375	27,200	SH		SOLE		27,200	0	0
LSB INDS INC COM	COM	502160104	510	40,000	SH		SOLE		40,000	0	0
LYDALL INC COM	COM	550819106	4,811	147,949	SH		SOLE		147,949	0	0
MACQUARIE INFRASTRUCTURE COMPA	COM	55608B105	1,079	16,000	SH		SOLE		16,000	0	0
MANCHESTER UTD PLC NEW ORD CL	COM	G5784H106	1,535	106,304	SH		SOLE		106,304	0	0
MARCUS CORP COM	COM	566330106	7,178	378,812	SH		SOLE		378,812	0	0
MARINE PRODS CORP COM	COM	568427108	11,111	1,463,899	SH		SOLE		1,463,899	0	0
MARINEMAX INC COM	COM	567908108	253	13,000	SH		SOLE		13,000	0	0
MATADOR RES CO COM	COM	576485205	675	35,600	SH		SOLE		35,600	0	0
MATERIALISE NV SPONSORED ADS	COM	57667T100	76	10,000	SH		SOLE		10,000	0	0
MATERION CORPORATION	COM	576690101	4,708	177,800	SH		SOLE		177,800	0	0
MATTHEWS INTL CORP CL A	COM	577128101	235	4,560	SH		SOLE		4,560	0	0
MCGRATH RENTCORP COM	COM	580589109	1,206	48,100	SH		SOLE		48,100	0	0
MEAD JOHNSON	COM	582839106	3,017	35,504	SH		SOLE		35,504	0	0
MEDALLION FINANCIAL CORP	COM	583928106	923	100,000	SH		SOLE		100,000	0	0
MEDIA GEN INC NEW COM	COM	58441K100	18,620	1,141,604	SH		SOLE		1,141,604	0	0
MERCADOLIBRE INC COM	COM	58733R102	3,325	28,211	SH		SOLE		28,211	0	0
MERCK & COMPANY	COM	58933Y105	201	3,800	SH		SOLE		3,800	0	0
MERCURY COMPUTER SYS INC COM	COM	589378108	721	35,500	SH		SOLE		35,500	0	0
MERIDIAN BIOSCIENCE INC COM	COM	589584101	2,885	140,000	SH		SOLE		140,000	0	0
MESA LABS INC COM	COM	59064R109	4,047	42,000	SH		SOLE		42,000	0	0
METHODE ELECTRS INC CL A	COM	591520200	988	33,800	SH		SOLE		33,800	0	0
METTLER-TOLEDO INTL INC COM	COM	592688105	2,300	6,671	SH		SOLE		6,671	0	0
MGE ENERGY INC	COM	55277P104	1,986	38,000	SH		SOLE		38,000	0	0
MGP INGREDIENTS INC NEW COM	COM	55303J106	853	35,200	SH		SOLE		35,200	0	0
MIDDLEBY CORP COM	COM	596278101	4,741	44,400	SH		SOLE		44,400	0	0
MIDDLESEX WTR CO COM	COM	596680108	939	30,433	SH		SOLE		30,433	0	0
MINERALS TECHNOLOGIES INC	COM	603158106	233	4,100	SH		SOLE		4,100	0	0
MITCHAM INDS INC COM	COM	606501104	67	21,900	SH		SOLE		21,900	0	0
MITEK SYS INC COM NEW	COM	606710200	441	67,500	SH		SOLE		67,500	0	0
MOBILEYE NV	COM	N51488117	2,949	79,072	SH		SOLE		79,072	0	0
MOCON INC COM	COM	607494101	5,369	387,637	SH		SOLE		387,637	0	0
MODINE MFG CO	COM	607828100	2,165	196,600	SH		SOLE		196,600	0	0
MODUSLINK GLOBAL SOLUTIONS I	COM	60786L206	2,484	1,690,000	SH		SOLE		1,690,000	0	0
MORGANS HOTEL GROUP CO COM	COM	61748W108	801	580,491	SH		SOLE		580,491	0	0
MOSY INC	COM	619718109	34	52,100	SH		SOLE		52,100	0	0
MOTORCAR PTS & ACCESSORS INCCO	COM	620071100	912	24,000	SH		SOLE		24,000	0	0
MOVADO GROUP INC COM	COM	624580106	413	15,000	SH		SOLE		15,000	0	0
MSA SAFETY INC COM	COM	553498106	459	9,500	SH		SOLE		9,500	0	0
MSC INDL DIRECT INC CL A	COM	553530106	3,554	46,571	SH		SOLE		46,571	0	0
MTS SYS CORP COM	COM	553777103	353	5,802	SH		SOLE		5,802	0	0
MUELLER WATER PRODUCTS INC	COM	624758108	198	20,000	SH		SOLE		20,000	0	0
MVC CAP COM	COM	553829102	806	108,000	SH		SOLE		108,000	0	0
MYERS INDS INC	COM	628464109	7,844	609,932	SH		SOLE		609,932	0	0
MYR GROUP INC DEL COM	COM	55405W104	3,457	137,674	SH		SOLE		137,674	0	0
NAPCO SEC SYS INC COM	COM	630402105	1,295	207,211	SH		SOLE		207,211	0	0
NATHANS FAMOUS INC NEW COM	COM	632347100	8,844	202,834	SH		SOLE		202,834	0	0
NATIONAL INTERSTATE CORP COM	COM	63654U100	539	18,002	SH		SOLE		18,002	0	0
NAUTILUS INC	COM	63910B102	1,450	75,031	SH		SOLE		75,031	0	0
NAVIGATOR HOLDINGS LTD SHS	COM	Y62132108	1,292	80,000	SH		SOLE		80,000	0	0
NAVIGATORS GROUP INC COM	COM	638904102	210	2,505	SH		SOLE		2,505	0	0
NAVISTAR INTL CORP COM	COM	63934E108	250	20,000	SH		SOLE		20,000	0	0
NEOGEN CORP COM	COM	640491106	6,281	124,750	SH		SOLE		124,750	0	0
NEOGENOMICS INC COM NEW	COM	64049M209	1,223	181,407	SH		SOLE		181,407	0	0
NETFLIX COM INC COM	COM	64110L106	856	8,377	SH		SOLE		8,377	0	0
NETSCOUT SYS INC COM	COM	64115T104	1,101	47,950	SH		SOLE		47,950	0	0
NEWPARK RES INC COM PAR$0.01NE	COM	651718504	103	23,900	SH		SOLE		23,900	0	0
NEWPORT CORP COM	COM	651824104	1,490	64,800	SH		SOLE		64,800	0	0
NIELSEN HOLDINGS PLC	COM	G6518L108	4,930	93,612	SH		SOLE		93,612	0	0
NORTEK INC COM NEW	COM	656559309	773	16,000	SH		SOLE		16,000	0	0
NORWEGIAN CRUISE LINE HLDGS SH	COM	G66721104	3,073	55,574	SH		SOLE		55,574	0	0
NUTRACEUTICAL INTL CORP COM	COM	67060Y101	4,809	197,500	SH		SOLE		197,500	0	0
OCEANFIRST FINL CORP COM	COM	675234108	434	24,550	SH		SOLE		24,550	0	0
OFG BANCORP	COM	67103X102	141	20,150	SH		SOLE		20,150	0	0
OIL DRI CORP AMER COM	COM	677864100	4,334	128,300	SH		SOLE		128,300	0	0
OMNICELL INC COM	COM	68213N109	1,747	62,677	SH		SOLE		62,677	0	0
OMNICOM GROUP COM	COM	681919106	2,406	28,910	SH		SOLE		28,910	0	0
OMNOVA SOLUTIONS INC COM	COM	682129101	1,513	272,102	SH		SOLE		272,102	0	0
ON SEMICONDUCTOR CORP COM	COM	682189105	1,286	134,120	SH		SOLE		134,120	0	0
OPKO HEALTH INC COM	COM	68375N103	2,473	238,000	SH		SOLE		238,000	0	0
ORBCOMM INC COM	COM	68555P100	5,281	521,335	SH		SOLE		521,335	0	0
ORITANI FINL CORP DEL COM	COM	68633D103	950	55,992	SH		SOLE		55,992	0	0
ORTHOFIX INTL N V ORD	COM	N6748L102	1,877	45,200	SH		SOLE		45,200	0	0
O'REILLY AUTOMOTIVE INC NEW CO	COM	67103H107	2,899	10,593	SH		SOLE		10,593	0	0
PAIN THERAPEUTICS INC COM	COM	69562K100	259	115,991	SH		SOLE		115,991	0	0
PARK ELECTROCHEMICAL CORP COM	COM	700416209	1,723	107,634	SH		SOLE		107,634	0	0
PARK OHIO HLDGS CORP COM	COM	700666100	6,744	157,500	SH		SOLE		157,500	0	0
PATRIOT TRAMSPORTATION HOLDING	COM	70338W105	244	12,047	SH		SOLE		12,047	0	0
PATTERSON COMPANIES INC	COM	703395103	1,362	29,263	SH		SOLE		29,263	0	0
PATTERSON-UTI ENERGY INC COM	COM	703481101	1,777	100,846	SH		SOLE		100,846	0	0
PC-TEL INC	COM	69325Q105	350	73,135	SH		SOLE		73,135	0	0
PEABODY ENERGY CORP	COM	704549203	42	18,000	SH		SOLE		18,000	0	0
PENDRELL CORP	COM	70686R104	16	30,000	SH		SOLE		30,000	0	0
PFIZER INC	COM	717081103	230	7,764	SH		SOLE		7,764	0	0
PFSWEB INC COM NEW	COM	717098206	2,582	196,772	SH		SOLE		196,772	0	0
PIEDMONT NAT GAS INC COM	COM	720186105	897	15,000	SH		SOLE		15,000	0	0
PIER 1 IMPORTS INC SHS BEN INT	COM	720279108	252	36,000	SH		SOLE		36,000	0	0
PIONEER NAT RES CO COM	COM	723787107	4,072	28,932	SH		SOLE		28,932	0	0
PLANTRONICS	COM	727493108	607	15,500	SH		SOLE		15,500	0	0
POWELL INDS INC COM	COM	739128106	599	20,103	SH		SOLE		20,103	0	0
PREFORMED LINE PRODS CO COM	COM	740444104	211	5,788	SH		SOLE		5,788	0	0
PRG-SCHULTZ INTERNATIONAL INCO	COM	69357C503	861	182,359	SH		SOLE		182,359	0	0
PROGRESS SOFTWARE CORP COM	COM	743312100	920	38,158	SH		SOLE		38,158	0	0
PROVIDENCE & WORCESTER RR COCO	COM	743737108	1,897	131,758	SH		SOLE		131,758	0	0
PTC INC COM	COM	69370C100	552	16,646	SH		SOLE		16,646	0	0
PZENA INVESTMENT MGMT INC CLAS	COM	74731Q103	1,208	160,000	SH		SOLE		160,000	0	0
QLOGIC CORP COM	COM	747277101	918	68,277	SH		SOLE		68,277	0	0
QUALSTAR CORP COM	COM	74758R109	6	12,000	SH		SOLE		12,000	0	0
QUANTA SVCS INC COM	COM	74762E102	3,995	177,071	SH		SOLE		177,071	0	0
QUIDEL CORP COM	COM	74838J101	2,538	147,061	SH		SOLE		147,061	0	0
QUMU CORP COM	COM	749063103	928	201,400	SH		SOLE		201,400	0	0
RANGE RES CORP COM	COM	75281A109	1,760	54,340	SH		SOLE		54,340	0	0
RAVEN INDS INC COM	COM	754212108	386	24,080	SH		SOLE		24,080	0	0
READING INTERNATIONAL INC CL B	COM	755408200	835	68,481	SH		SOLE		68,481	0	0
READING INTL INC CL A	COM	755408101	4,308	359,623	SH		SOLE		359,623	0	0
REGIONS FINANCIAL CORP (NEW)	COM	7591EP100	1,710	217,791	SH		SOLE		217,791	0	0
RENASANT CORP COM	COM	75970E107	1,217	36,971	SH		SOLE		36,971	0	0
REXNORD CORP NEW COM	COM	76169B102	2,706	133,823	SH		SOLE		133,823	0	0
RGC RES INC COM	COM	74955L103	943	43,600	SH		SOLE		43,600	0	0
RLJ ENTMT INC COM	COM	74965F104	46	54,000	SH		SOLE		54,000	0	0
ROFIN SINAR TECHNOLOGIES INCCO	COM	775043102	2,644	82,074	SH		SOLE		82,074	0	0
RPC INC. COMMON	COM	749660106	1,312	92,500	SH		SOLE		92,500	0	0
RTI BIOLOGICS INC COM	COM	74975N105	268	67,000	SH		SOLE		67,000	0	0
RUSH ENTERPRISES INC CL A	COM	781846209	949	52,005	SH		SOLE		52,005	0	0
RUSH ENTERPRISES INC CL B	COM	781846308	1,899	104,005	SH		SOLE		104,005	0	0
RYMAN HOSPITALITY PPTYS INC CO	COM	78377T107	515	10,000	SH		SOLE		10,000	0	0
SAFEGUARD SCIENTIFICS INC COM	COM	786449207	2,670	201,492	SH		SOLE		201,492	0	0
SALEM COMMUNICATIONS CORP DECL	COM	794093104	3,571	620,008	SH		SOLE		620,008	0	0
SANFILIPPO JOHN B & SON INC CO	COM	800422107	1,211	17,531	SH		SOLE		17,531	0	0
SANOFI-AVENTIS-CVR	WARRANT AND RIGH	80105N113	46	400,000	SH		SOLE		400,000	0	0
SCHMITT INDS INC ORE COM NEW	COM	806870200	187	78,000	SH		SOLE		78,000	0	0
SCIENTIFIC GAMES CORP CL A	COM	80874P109	2,282	242,000	SH		SOLE		242,000	0	0
SCRIPPS E W CO OHIO CL A	COM	811054402	14,158	908,124	SH		SOLE		908,124	0	0
SEALED AIR CORP NEW	COM	81211K100	575	11,972	SH		SOLE		11,972	0	0
SEQUENTIAL BRNDS GROUP INC NEW	COM	81734P107	92	14,398	SH		SOLE		14,398	0	0
SEVCON INC	COM	81783K108	4,892	486,750	SH		SOLE		486,750	0	0
SFX ENTMT INC COM	COM	784178303	2	50,000	SH		SOLE		50,000	0	0
SHENANDOAH TELECOMMUNICATIONCD	COM	82312B106	13,193	493,200	SH		SOLE		493,200	0	0
SHILOH INDS INC COM	COM	824543102	395	77,000	SH		SOLE		77,000	0	0
SILVERCREST ASSET MGMT GROUPCL	COM	828359109	1,093	85,769	SH		SOLE		85,769	0	0
SINCLAIR BROADCAST GROUP INCCL	COM	829226109	1,015	33,000	SH		SOLE		33,000	0	0
SJW CORP COM	COM	784305104	4,046	111,304	SH		SOLE		111,304	0	0
SKYLINE CORP	COM	830830105	443	47,796	SH		SOLE		47,796	0	0
SL GREEN RLTY CORP COM	COM	78440X101	485	5,006	SH		SOLE		5,006	0	0
SL INDS INC COM	COM	784413106	9,323	274,200	SH		SOLE		274,200	0	0
SNYDERS LANCE INC COM	COM	833551104	7,669	243,600	SH		SOLE		243,600	0	0
SONIC AUTOMOTIVE INC CL A	COM	83545G102	1,229	66,500	SH		SOLE		66,500	0	0
SOUTHWEST BANCORP INC OKLA COM	COM	844767103	573	38,094	SH		SOLE		38,094	0	0
SPLUNK INC COM	COM	848637104	2,966	60,624	SH		SOLE		60,624	0	0
STANDARD MTR PRODS INC CLASS A	COM	853666105	4,269	123,200	SH		SOLE		123,200	0	0
STANDEX INTL CORP	COM	854231107	2,179	28,000	SH		SOLE		28,000	0	0
STANLEY FURNITURE INC COM NEW	COM	854305208	29	11,000	SH		SOLE		11,000	0	0
STARRETT L S CO CL A	COM	855668109	3,298	318,600	SH		SOLE		318,600	0	0
STATE BK FINL CORP COM	COM	856190103	757	38,300	SH		SOLE		38,300	0	0
STEEL EXCEL INC	COM	858122203	4,629	476,770	SH		SOLE		476,770	0	0
STEEL PARTNERS HLDGS L P	COM	85814R107	8,944	586,481	SH		SOLE		586,481	0	0
STEELCASE INC CL A	COM	858155203	2,352	157,638	SH		SOLE		157,638	0	0
STERICYCLE INC COM	COM	858912108	2,476	19,618	SH		SOLE		19,618	0	0
STERIS PLC SHARES	COM	G84720104	249	3,500	SH		SOLE		3,500	0	0
STERLING BANCORP/DE	COM	85917A100	2,345	147,209	SH		SOLE		147,209	0	0
STIFEL FINL CORP COM	COM	860630102	664	22,432	SH		SOLE		22,432	0	0
STONERIDGE INC	COM	86183P102	3,735	256,498	SH		SOLE		256,498	0	0
STRATASYS LTD SHS	COM	M85548101	3,069	118,391	SH		SOLE		118,391	0	0
STRATTEC SECURITY CORP.	COM	863111100	10,129	176,500	SH		SOLE		176,500	0	0
SUNOPTA INC COM	COM	8676EP108	1,338	300,000	SH		SOLE		300,000	0	0
SUPERIOR INDS INTL INC	COM	868168105	13,491	611,000	SH		SOLE		611,000	0	0
SURMODICS INC COM	COM	868873100	5,096	276,792	SH		SOLE		276,792	0	0
SVB FINL GROUP COM	COM	78486Q101	978	9,581	SH		SOLE		9,581	0	0
SYNAPTICS INC COM	COM	87157D109	3,885	48,723	SH		SOLE		48,723	0	0
SYNERON MEDICAL LTD ORD SHS	COM	M87245102	740	101,249	SH		SOLE		101,249	0	0
TEAM INC COM	COM	878155100	5,106	168,068	SH		SOLE		168,068	0	0
TEJON RANCH CO DEL COM	COM	879080109	2,756	134,000	SH		SOLE		134,000	0	0
TEJON RANCH CO WT 08/31/16	WARRANT AND RIGH	879080133	0	15,170	SH		SOLE		15,170	0	0
TENNANT CO	COM	880345103	2,538	49,300	SH		SOLE		49,300	0	0
TENNECO AUTOMOTIVE INC COM	COM	880349105	1,906	37,000	SH		SOLE		37,000	0	0
TESCO CORP COM	COM	88157K101	499	57,900	SH		SOLE		57,900	0	0
THESTREET INC	COM	88368Q103	68	55,000	SH		SOLE		55,000	0	0
TITAN INTL INC ILL COM	COM	88830M102	178	33,000	SH		SOLE		33,000	0	0
TITAN MACHY INC COM	COM	88830R101	1,340	115,933	SH		SOLE		115,933	0	0
TOLL BROS INC COM	COM	889478103	2,141	72,536	SH		SOLE		72,536	0	0
TOWER INTL INC COM	COM	891826109	909	33,425	SH		SOLE		33,425	0	0
TRANSACT TECHNOLOGIES INC COM	COM	892918103	1,068	131,200	SH		SOLE		131,200	0	0
TREDEGAR INDS INC	COM	894650100	5,895	375,000	SH		SOLE		375,000	0	0
TRIANGLE PETE CORP COM NEW	COM	89600B201	65	119,637	SH		SOLE		119,637	0	0
TRINITY BIOTECH PLC SPON ADR N	COM	896438306	1,597	137,000	SH		SOLE		137,000	0	0
TRISTATE CAP HLDGS INC COM	COM	89678F100	126	10,000	SH		SOLE		10,000	0	0
TRUSTCO BK CORP N Y COM	COM	898349105	394	65,000	SH		SOLE		65,000	0	0
TWIN DISC INC COM	COM	901476101	2,968	293,000	SH		SOLE		293,000	0	0
TYLER TECHNOLOGIES INC COM	COM	902252105	437	3,400	SH		SOLE		3,400	0	0
U S ENERGY CORP WYO COM	COM	911805109	5	15,000	SH		SOLE		15,000	0	0
ULTRA CLEAN HLDGS INC COM	COM	90385V107	842	157,000	SH		SOLE		157,000	0	0
ULTRALIFE BATTERIES INC COM	COM	903899102	539	105,198	SH		SOLE		105,198	0	0
ULTRATECH INC COM	COM	904034105	2,640	120,900	SH		SOLE		120,900	0	0
UMPQUA HLDGS CORP COM	COM	904214103	192	12,086	SH		SOLE		12,086	0	0
UNITED FINANCIAL BANCORP INC	COM	910304104	1,949	154,800	SH		SOLE		154,800	0	0
UNITED GUARDIAN INC COM	COM	910571108	1,561	75,500	SH		SOLE		75,500	0	0
UNITED NAT FOODS INC COM	COM	911163103	3,494	86,706	SH		SOLE		86,706	0	0
UNIVERSAL HEALTH SVCS INC CL B	COM	913903100	3,460	27,741	SH		SOLE		27,741	0	0
UNIVERSAL TECHNICAL INST INCCO	COM	913915104	474	110,000	SH		SOLE		110,000	0	0
URBAN OUTFITTERS INC COM	COM	917047102	1,903	57,501	SH		SOLE		57,501	0	0
UTAH MED PRODS INC COM	COM	917488108	324	5,174	SH		SOLE		5,174	0	0
VALUE LINE INC	COM	920437100	530	33,089	SH		SOLE		33,089	0	0
VASCULAR SOLUTIONS INC COM	COM	92231M109	644	19,800	SH		SOLE		19,800	0	0
VCA ANTECH INC COM	COM	918194101	332	5,754	SH		SOLE		5,754	0	0
VERTEX PHARMACEUTICALS INC COM	COM	92532F100	2,425	30,511	SH		SOLE		30,511	0	0
VIAD CORP COM NEW	COM	92552R406	1,087	37,282	SH		SOLE		37,282	0	0
VICOR CORP COM	COM	925815102	2,332	222,500	SH		SOLE		222,500	0	0
VIDEOCON D2H LTD ADR	COM	92657J101	307	41,675	SH		SOLE		41,675	0	0
VILLAGE SUPER MKT INC CL A NEW	COM	927107409	1,029	42,581	SH		SOLE		42,581	0	0
VISHAY INTERTECHNOLOGY INC	COM	928298108	242	19,845	SH		SOLE		19,845	0	0
VISHAY PRECISION GROUP INC COM	COM	92835K103	2,472	176,476	SH		SOLE		176,476	0	0
WABASH NATL CORP COM	COM	929566107	924	70,000	SH		SOLE		70,000	0	0
WASHINGTON FED INC	COM	938824109	622	27,450	SH		SOLE		27,450	0	0
WASHINGTON TR BANCORP COM	COM	940610108	2,333	62,520	SH		SOLE		62,520	0	0
WATERSTONE FINL INC MD COM	COM	94188P101	1,443	105,500	SH		SOLE		105,500	0	0
WEATHERFORD INTERNATIONAL PLC	COM	G48833100	1,654	212,564	SH		SOLE		212,564	0	0
WELLS FARGO & CO NEW	COM	949746101	242	5,000	SH		SOLE		5,000	0	0
WEST MARINE INC COM	COM	954235107	1,220	134,231	SH		SOLE		134,231	0	0
WESTFIELD FINANCIAL INC NEW CO	COM	96008P104	734	87,100	SH		SOLE		87,100	0	0
WILLAMETTE VY VINEYARD INC COM	COM	969136100	159	23,000	SH		SOLE		23,000	0	0
WILSHIRE BANCORP INC COM	COM	97186T108	294	28,500	SH		SOLE		28,500	0	0
WINNEBAGO INDS INC COM	COM	974637100	1,369	61,000	SH		SOLE		61,000	0	0
WISDOMTREE INVTS INC COM	COM	97717P104	1,134	99,201	SH		SOLE		99,201	0	0
WOODWARD INC	COM	980745103	284	5,450	SH		SOLE		5,450	0	0
WORLD WRESTLING ENTERTAINMENT	COM	98156Q108	600	34,000	SH		SOLE		34,000	0	0
XENITH BANKSHARES INC COM	COM	98410X105	301	39,800	SH		SOLE		39,800	0	0
XERIUM TECHNOLOGIES INC COM NE	COM	98416J118	245	46,900	SH		SOLE		46,900	0	0
XO GROUP INC COM	COM	983772104	1,204	74,991	SH		SOLE		74,991	0	0
YADKIN FINL CORP COM	COM	984305102	828	35,000	SH		SOLE		35,000	0	0
YORK WTR CO COM	COM	987184108	1,344	44,037	SH		SOLE		44,037	0	0
ZELTIQ AESTHETICS INC COM	COM	98933Q108	1,856	68,324	SH		SOLE		68,324	0	0
ZIONS BANCORPORATION COM	COM	989701107	2,310	95,401	SH		SOLE		95,401	0	0