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	4,981	465,500	SH		SOLE		465,500	0	0
A H BELO CORP COM CL A	COM	001282102	127	20,000	SH		SOLE		20,000	0	0
AARON'S INC	COM	002535300	1,536	48,000	SH		SOLE		48,000	0	0
ABM INDS INC COM	COM	000957100	1,084	26,550	SH		SOLE		26,550	0	0
ACCURAY INC COM	COM	004397105	152	32,960	SH		SOLE		32,960	0	0
ACME UTD CORP COM	COM	004816104	3,253	127,200	SH		SOLE		127,200	0	0
AEP INDS INC COM	COM	001031103	8,649	74,492	SH		SOLE		74,492	0	0
AEROJET ROCKETDYNE HOLDINGS	COM	007800105	21,700	1,208,900	SH		SOLE		1,208,900	0	0
ALERE INC	COM	01449J105	495	12,700	SH		SOLE		12,700	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	2,895	62,000	SH		SOLE		62,000	0	0
AMERICAN EAGLE OUTFITTERS INCO	COM	02553E106	1,095	72,200	SH		SOLE		72,200	0	0
AMERICAN RAILCAR INDS INC COM	COM	02916P103	421	9,292	SH		SOLE		9,292	0	0
AMERICAN SOFTWARE INC CL A	COM	029683109	1,954	189,113	SH		SOLE		189,113	0	0
AMPCO PITTSBURGH CORP	COM	032037103	7,370	440,000	SH		SOLE		440,000	0	0
AMTECH SYS INC COM PAR $0.01N	COM	032332504	72	17,000	SH		SOLE		17,000	0	0
ANCHOR BANK CORP	COM	032838104	1,344	49,400	SH		SOLE		49,400	0	0
ANGIODYNAMICS INC COM	COM	03475V101	861	51,066	SH		SOLE		51,066	0	0
ARMSTRONG FLOORING INC COM	COM	04238R106	1,828	91,800	SH		SOLE		91,800	0	0
ARTESIAN RES CORP COM CL A	COM	043113208	774	24,226	SH		SOLE		24,226	0	0
ASCENT CAPITAL GROUP INC	COM	043632108	4,066	250,079	SH		SOLE		250,079	0	0
ASTEC INDS INC COM	COM	046224101	20,778	308,000	SH		SOLE		308,000	0	0
ASTRONICS CORP COM	COM	046433108	457	13,500	SH		SOLE		13,500	0	0
ATLANTIC AMERN CORP COM	COM	048209100	82	20,000	SH		SOLE		20,000	0	0
ATN INTERNATIONAL INC	COM	00215F107	4,151	51,800	SH		SOLE		51,800	0	0
AVID TECHNOLOGY INC	COM	05367P100	286	65,000	SH		SOLE		65,000	0	0
AZZ INC COM	COM	002474104	1,278	20,000	SH		SOLE		20,000	0	0
BADGER METER INC COM	COM	056525108	1,035	28,000	SH		SOLE		28,000	0	0
BANKUNITED INC COM	COM	06652K103	966	25,622	SH		SOLE		25,622	0	0
BARNES GROUP INC COM	COM	067806109	202	4,250	SH		SOLE		4,250	0	0
BASSETT FURNITURE INDS	COM	070203104	4,742	156,000	SH		SOLE		156,000	0	0
BEASLEY BROADCAST GRP INC.	COM	074014101	4,496	731,000	SH		SOLE		731,000	0	0
BENEFICIAL BANCORP INC	COM	08171T102	581	31,598	SH		SOLE		31,598	0	0
BERKSHIRE HILLS BANCORP INC CO	COM	084680107	525	14,246	SH		SOLE		14,246	0	0
BIG 5 SPORTING GOODS CORP COM	COM	08915P101	1,648	95,000	SH		SOLE		95,000	0	0
BIGLARI HOLDINGS INC	COM	08986R101	6,238	13,183	SH		SOLE		13,183	0	0
BIOLASE TECHNOLOGY INC COM	COM	090911108	478	341,461	SH		SOLE		341,461	0	0
BIOSCRIP INC	COM	09069N108	998	960,000	SH		SOLE		960,000	0	0
BIOTELEMETRY INC COM	COM	090672106	3,198	143,100	SH		SOLE		143,100	0	0
BON-TON STORES INC COM	COM	09776J101	335	228,000	SH		SOLE		228,000	0	0
BOSTON BEER INC CL A	COM	100557107	1,444	8,500	SH		SOLE		8,500	0	0
BOTTOMLINE TECH DEL INC COM	COM	101388106	673	26,900	SH		SOLE		26,900	0	0
BOYD GAMING CORP	COM	103304101	1,448	71,800	SH		SOLE		71,800	0	0
BRINKS CO COM	COM	109696104	1,110	26,900	SH		SOLE		26,900	0	0
BROADWIND ENERGY INC COM NEW	COM	11161T207	362	89,440	SH		SOLE		89,440	0	0
BROWN & BROWN INC COM	COM	115236101	731	16,284	SH		SOLE		16,284	0	0
BUILDERS FIRSTSOURCE	COM	12008R107	387	35,300	SH		SOLE		35,300	0	0
CABOT MICROELECTRONICS	COM	12709P103	2,072	32,800	SH		SOLE		32,800	0	0
CADIZ INC	COM	127537207	565	45,174	SH		SOLE		45,174	0	0
CALAVO GROWERS INC COM	COM	128246105	3,684	60,000	SH		SOLE		60,000	0	0
CALIFORNIA WTR SVC GROUP COM	COM	130788102	841	24,800	SH		SOLE		24,800	0	0
CALLAWAY GOLF CO COM	COM	131193104	720	65,687	SH		SOLE		65,687	0	0
CALLIDUS SOFTWARE INC COM	COM	13123E500	5,326	317,000	SH		SOLE		317,000	0	0
CALLON PETE CO DEL COM	COM	13123X102	3,763	244,844	SH		SOLE		244,844	0	0
CAMBIUM LEARNING GRP INC COM	COM	13201A107	50	10,000	SH		SOLE		10,000	0	0
CANTEL MEDICAL CORP COM	COM	138098108	7,009	89,000	SH		SOLE		89,000	0	0
CANTERBURY PK HLDG CORP	COM	13811E101	3,699	368,100	SH		SOLE		368,100	0	0
CARBONITE INC	COM	141337105	1,307	79,687	SH		SOLE		79,687	0	0
CARDIOVASCULAR SYS INC DEL COM	COM	141619106	2,690	111,100	SH		SOLE		111,100	0	0
CAREDX INC	COM	14167L103	27	10,000	SH		SOLE		10,000	0	0
CARPENTER TECHNOLOGY CORP COM	COM	144285103	420	11,600	SH		SOLE		11,600	0	0
CARRIZO OIL & CO INC COM	COM	144577103	769	20,600	SH		SOLE		20,600	0	0
CASELLA WASTE SYS INC CL A	COM	147448104	7,387	595,228	SH		SOLE		595,228	0	0
CASTLE A M & CO COM	COM	148411101	6	25,000	SH		SOLE		25,000	0	0
CAVCO INDUSTRIES	COM	149568107	5,741	57,500	SH		SOLE		57,500	0	0
CECO ENVIRONMENTAL CORP COM	COM	125141101	219	15,718	SH		SOLE		15,718	0	0
CEMPRA INC COM	COM	15130J109	196	70,000	SH		SOLE		70,000	0	0
CHASE CORP	COM	16150R104	8,783	105,122	SH		SOLE		105,122	0	0
CHEESECAKE FACTORY INC	COM	163072101	3,054	51,000	SH		SOLE		51,000	0	0
CHEMTURA CORP COM NEW	COM	163893209	2,822	85,000	SH		SOLE		85,000	0	0
CHESAPEAKE UTILS CORP COM	COM	165303108	2,260	33,750	SH		SOLE		33,750	0	0
CHURCHILL DOWNS INC COM	COM	171484108	9,560	63,540	SH		SOLE		63,540	0	0
CINCINNATI BELL INC NEW COM NE	COM	171871502	6,035	270,023	SH		SOLE		270,023	0	0
CIRCOR INTL INC COM	COM	17273K109	11,782	181,600	SH		SOLE		181,600	0	0
CITIZENS & NORTHN CORP COM	COM	172922106	477	18,200	SH		SOLE		18,200	0	0
COBIZ FINANCIAL INC COM	COM	190897108	2,362	139,839	SH		SOLE		139,839	0	0
COGENTIX MEDICAL INC	COM	19243A104	231	115,000	SH		SOLE		115,000	0	0
COHEN & STEERS INC COM	COM	19247A100	3,662	109,000	SH		SOLE		109,000	0	0
COLUMBIA BKG SYS INC COM	COM	197236102	357	8,001	SH		SOLE		8,001	0	0
COLUMBUS MCKINNON CORP N Y COM	COM	199333105	3,457	127,860	SH		SOLE		127,860	0	0
COMSCORE INC	COM	20564W105	3,159	100,032	SH		SOLE		100,032	0	0
CONNECTICUT WTR SVC INC COM	COM	207797101	223	4,000	SH		SOLE		4,000	0	0
CONSOLIDATED COMM HLDGS INC CO	COM	209034107	1,069	39,801	SH		SOLE		39,801	0	0
CONSOLIDATED WATER CO LTD ORD	COM	G23773107	716	66,000	SH		SOLE		66,000	0	0
CORE MOLDING TECH COM	COM	218683100	5,210	304,500	SH		SOLE		304,500	0	0
COTT CORP COM	COM	22163N106	1,246	110,000	SH		SOLE		110,000	0	0
CROWN HOLDINGS INC COM	COM	228368106	400	7,600	SH		SOLE		7,600	0	0
CTS CORP	COM	126501105	7,739	345,500	SH		SOLE		345,500	0	0
CUTERA INC COM	COM	232109108	5,621	324,000	SH		SOLE		324,000	0	0
CYPRESS SEMICONDUCTOR CORP COM	COM	232806109	1,638	143,200	SH		SOLE		143,200	0	0
DAKTRONICS INC COM	COM	234264109	749	70,000	SH		SOLE		70,000	0	0
DANA HOLDING CORP COM	COM	235825205	1,993	105,000	SH		SOLE		105,000	0	0
DATAWATCH CORP COM NEW	COM	237917208	165	30,000	SH		SOLE		30,000	0	0
DAWSON GEOPHYSICAL CO NEW COM	COM	239360100	145	18,000	SH		SOLE		18,000	0	0
DELTA NAT GAS INC COM	COM	247748106	3,080	105,000	SH		SOLE		105,000	0	0
DENNYS CORP COM	COM	24869P104	898	70,000	SH		SOLE		70,000	0	0
DESTINATION XL GROUP INC	COM	25065K104	128	30,000	SH		SOLE		30,000	0	0
DIEBOLD NIXDORF	COM	253651103	428	17,000	SH		SOLE		17,000	0	0
DIGI INTL INC COM	COM	253798102	909	66,101	SH		SOLE		66,101	0	0
DIME CMNTY BANCORP INC COM	COM	253922108	720	35,800	SH		SOLE		35,800	0	0
DOVER DOWNS GAMING & ENTMT INC	COM	260095104	134	130,000	SH		SOLE		130,000	0	0
DUCOMMUN INC DEL COM	COM	264147109	3,211	125,642	SH		SOLE		125,642	0	0
DXP ENTERPRISES INC NEW COM NE	COM	233377407	424	12,200	SH		SOLE		12,200	0	0
EARTHLINK HLDGS CORP COM	COM	27033X101	3,921	695,250	SH		SOLE		695,250	0	0
EASTERN CO COM	COM	276317104	6,918	331,022	SH		SOLE		331,022	0	0
EDGEWATER TECHNOLOGY INC COM	COM	280358102	5,291	705,520	SH		SOLE		705,520	0	0
ELDORADO RESORTS INC COM	COM	28470R102	1,339	79,000	SH		SOLE		79,000	0	0
ELECTRO SCIENTIFIC INDS INC CO	COM	285229100	598	101,039	SH		SOLE		101,039	0	0
ELECTROMED INC COM	COM	285409108	371	95,500	SH		SOLE		95,500	0	0
EMCOR GROUP INC COM	COM	29084Q100	1,323	18,700	SH		SOLE		18,700	0	0
ENERGY RECOVERY INC	COM	29270J100	704	68,000	SH		SOLE		68,000	0	0
ENTEGRIS INC COM	COM	29362U104	5,433	303,500	SH		SOLE		303,500	0	0
ENTERCOM COMMUNICATIONS CORPCL	COM	293639100	1,281	83,700	SH		SOLE		83,700	0	0
ENTRAVISION COMM CORP CL A	COM	29382R107	5,024	717,763	SH		SOLE		717,763	0	0
EQUITY COMWLTH COM SH BEN INT	COM	294628102	272	9,000	SH		SOLE		9,000	0	0
ETHAN ALLEN INTERIORS INC COM	COM	297602104	2,120	57,537	SH		SOLE		57,537	0	0
EVINE LIVE INC	COM	300487105	434	289,200	SH		SOLE		289,200	0	0
EXACTECH INC COM	COM	30064E109	6,347	232,473	SH		SOLE		232,473	0	0
EXELIXIS INC COM	COM	30161Q104	2,833	190,000	SH		SOLE		190,000	0	0
EXTREME NETWORKS INC COM	COM	30226D106	2,598	516,600	SH		SOLE		516,600	0	0
FALCONSTOR SOFTWARE INC COM	COM	306137100	360	800,000	SH		SOLE		800,000	0	0
FARMER BROS CO	COM	307675108	7,190	195,913	SH		SOLE		195,913	0	0
FARMERS NATL BANC CORP COM	COM	309627107	568	40,000	SH		SOLE		40,000	0	0
FARO TECHNOLOGIES INC COM	COM	311642102	745	20,700	SH		SOLE		20,700	0	0
FEDERAL MOGUL CORP CL A	COM	313549404	4,124	400,000	SH		SOLE		400,000	0	0
FEDERAL SIGNAL CORP COM	COM	313855108	11,551	740,000	SH		SOLE		740,000	0	0
FERRO CORP	COM	315405100	16,995	1,186,000	SH		SOLE		1,186,000	0	0
FIDELITY SOUTHERN CORP	COM	316394105	270	11,418	SH		SOLE		11,418	0	0
FIRST INTERNET BANCORP COM	COM	320557101	1,024	32,000	SH		SOLE		32,000	0	0
FLOTEK INDS INC DEL COM	COM	343389102	238	25,300	SH		SOLE		25,300	0	0
FLUSHING FINL CORP COM	COM	343873105	17,525	596,300	SH		SOLE		596,300	0	0
FORMFACTOR INC COM	COM	346375108	6,431	574,234	SH		SOLE		574,234	0	0
FOSTER L B CO COM	COM	350060109	1,278	94,000	SH		SOLE		94,000	0	0
FREQUENCY ELECTRS INC COM	COM	358010106	216	20,000	SH		SOLE		20,000	0	0
FRP HLDGS INC COM	COM	30292L107	905	24,000	SH		SOLE		24,000	0	0
FTI CONSULTING INC COM	COM	302941109	1,563	34,668	SH		SOLE		34,668	0	0
FULL HOUSE RESORTS INC COM	COM	359678109	1,068	445,100	SH		SOLE		445,100	0	0
GAS NAT INC COM	COM	367204104	439	35,000	SH		SOLE		35,000	0	0
GENCOR INDS INC COM	COM	368678108	8,431	537,000	SH		SOLE		537,000	0	0
GENESIS HEALTHCARE INC CL A CO	COM	37185X106	179	42,000	SH		SOLE		42,000	0	0
GENIUS BRANDS INTERN	COM	37229T301	54	10,000	SH		SOLE		10,000	0	0
GENTHERM INC COM	COM	37253A103	454	13,400	SH		SOLE		13,400	0	0
GIBRALTER INDUSTRIES INC	COM	374689107	5,873	141,000	SH		SOLE		141,000	0	0
GLACIER BANCORP INC NEW COM	COM	37637Q105	920	25,400	SH		SOLE		25,400	0	0
GLOBAL SOURCES LTD COM	COM	G39300101	4,064	459,202	SH		SOLE		459,202	0	0
GOLDEN ENTERTAINMENT INC	COM	381013101	5,977	493,583	SH		SOLE		493,583	0	0
GORMAN RUPP CO	COM	383082104	3,807	123,000	SH		SOLE		123,000	0	0
GP STRATEGIES CORP COM	COM	36225V104	2,896	101,271	SH		SOLE		101,271	0	0
GRAHAM CORP COM	COM	384556106	766	34,600	SH		SOLE		34,600	0	0
GRAY TELEVISION, INC	COM	389375106	2,794	257,500	SH		SOLE		257,500	0	0
GRAY TELEVISION, INC CL A	COM	389375205	832	80,042	SH		SOLE		80,042	0	0
GREENBRIER COS INC	COM	393657101	1,737	41,800	SH		SOLE		41,800	0	0
GRIFFIN INDUSTRIAL REALTY IN	COM	398231100	6,949	219,017	SH		SOLE		219,017	0	0
GRIFFON CORP COM	COM	398433102	11,075	422,703	SH		SOLE		422,703	0	0
GSE SYS INC COM	COM	36227K106	70	20,000	SH		SOLE		20,000	0	0
GUIDANCE SOFTWARE INC COM	COM	401692108	2,550	360,105	SH		SOLE		360,105	0	0
GULFPORT ENERGY CORP COM NEW	COM	402635304	1,021	47,171	SH		SOLE		47,171	0	0
GYRODYNE LLC COM	COM	403829104	219	12,031	SH		SOLE		12,031	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	3,122	80,000	SH		SOLE		80,000	0	0
HALLMARK FINL SVCS INC ECCOM N	COM	40624Q203	2,138	183,860	SH		SOLE		183,860	0	0
HANCOCK HOLDING CO	COM	410120109	647	15,000	SH		SOLE		15,000	0	0
HANDY & HARMAN HOLDINGS LTD	COM	410315105	437	17,095	SH		SOLE		17,095	0	0
HANESBRANDS INC COM	COM	410345102	270	12,526	SH		SOLE		12,526	0	0
HAVERTY FURNITURE INC COM	COM	419596101	529	22,300	SH		SOLE		22,300	0	0
HAWKINS INC COM	COM	420261109	7,985	148,000	SH		SOLE		148,000	0	0
HAYNES INTERNATIONAL INC	COM	420877201	1,290	30,000	SH		SOLE		30,000	0	0
HC2 HLDGS INC COM	COM	404139107	4,235	714,117	SH		SOLE		714,117	0	0
HEADWATERS INC COM	COM	42210P102	3,178	135,100	SH		SOLE		135,100	0	0
HERITAGE COMMERCE CORP COM	COM	426927109	446	30,900	SH		SOLE		30,900	0	0
HESKA CORPORATION COM NEW	COM	42805E306	2,506	35,000	SH		SOLE		35,000	0	0
HEXCEL CORP NEW COM	COM	428291108	615	11,960	SH		SOLE		11,960	0	0
HOMESTREET INC COM	COM	43785V102	948	30,000	SH		SOLE		30,000	0	0
HOPE BANCORP INC COM	COM	43940T109	1,946	88,896	SH		SOLE		88,896	0	0
HUDSON TECHNOLOGIES INC COM	COM	444144109	863	107,700	SH		SOLE		107,700	0	0
HUTTIG BLDG PRODS INC COM	COM	448451104	5,724	866,000	SH		SOLE		866,000	0	0
ICF INTL INC COM	COM	44925C103	1,286	23,300	SH		SOLE		23,300	0	0
ICU MEDICAL INC	COM	44930G107	1,137	7,714	SH		SOLE		7,714	0	0
IMAX CORP COM	COM	45245E109	1,005	32,000	SH		SOLE		32,000	0	0
INFINERA CORPORATION COM	COM	45667G103	578	68,100	SH		SOLE		68,100	0	0
INFUSYSTEM HLDGS INC COM	COM	45685K102	1,616	633,835	SH		SOLE		633,835	0	0
INGLES MKTS INC CL A	COM	457030104	8,081	168,000	SH		SOLE		168,000	0	0
INNOPHOS HOLDINGS INC COM	COM	45774N108	366	7,000	SH		SOLE		7,000	0	0
INNOVATIVE SOLUTIONS & SUPPOCO	COM	45769N105	410	123,000	SH		SOLE		123,000	0	0
INSIGNIA SYS INC COM	COM	45765Y105	767	314,509	SH		SOLE		314,509	0	0
INTEGER HOLDINGS CORP	COM	45826H109	677	23,000	SH		SOLE		23,000	0	0
INTERNAP NETWORK SVCS CORP COM	COM	45885A300	2,156	1,400,000	SH		SOLE		1,400,000	0	0
INTEVAC INC COM	COM	461148108	1,984	232,030	SH		SOLE		232,030	0	0
INTRICON CORP COM	COM	46121H109	1,232	178,617	SH		SOLE		178,617	0	0
INVENTURE FOODS INC	COM	461212102	3,470	352,331	SH		SOLE		352,331	0	0
INVESTORS BANCORP INC	COM	46146L101	1,437	103,046	SH		SOLE		103,046	0	0
IRIDIUM COMMUNICATIONS INC COM	COM	46269C102	115	12,000	SH		SOLE		12,000	0	0
ITERIS INC	COM	46564T107	73	20,000	SH		SOLE		20,000	0	0
IXIA COM	COM	45071R109	2,254	140,000	SH		SOLE		140,000	0	0
IXYS CORP DEL COM	COM	46600W106	1,115	93,700	SH		SOLE		93,700	0	0
J & J SNACK FOODS CORP	COM	466032109	200	1,500	SH		SOLE		1,500	0	0
JA SOLAR HOLDINGS CO LTD SPON	COM	466090206	187	39,200	SH		SOLE		39,200	0	0
JAMBA INC COM NEW	COM	47023A309	365	35,400	SH		SOLE		35,400	0	0
JASON INDS INC COM	COM	471172106	36	20,000	SH		SOLE		20,000	0	0
JOHN BEAN TECHNOLOGIES CORP CO	COM	477839104	7,533	87,649	SH		SOLE		87,649	0	0
JOHNSON OUTDOORS INC CL A	COM	479167108	397	10,000	SH		SOLE		10,000	0	0
K2M GROUP HLDGS INC COM	COM	48273J107	200	10,000	SH		SOLE		10,000	0	0
KAMAN CORP	COM	483548103	9,654	197,301	SH		SOLE		197,301	0	0
KAR AUCTION SVCS INC COM	COM	48238T109	1,576	36,979	SH		SOLE		36,979	0	0
KEARNY FINL CORP MD COM	COM	48716P108	232	14,900	SH		SOLE		14,900	0	0
KEY TECHNOLOGY INC COM	COM	493143101	1,509	130,607	SH		SOLE		130,607	0	0
KIMBALL ELECTRONICS INC COM	COM	49428J109	3,349	184,000	SH		SOLE		184,000	0	0
KIMBALL INTL INC CL B	COM	494274103	11,871	676,000	SH		SOLE		676,000	0	0
KINDER MORGAN INC WT EXP 05/25	WARRANT AND RIGH	49456B119	4	360,000	SH		SOLE		360,000	0	0
KKR & CO. L.P	COM	48248M102	1,398	90,843	SH		SOLE		90,843	0	0
KOPIN CORP COM	COM	500600101	525	185,000	SH		SOLE		185,000	0	0
LA Z BOY CHAIR CO	COM	505336107	1,832	59,000	SH		SOLE		59,000	0	0
LAKELAND INDS INC.	COM	511795106	119	11,400	SH		SOLE		11,400	0	0
LANDAUER INC	COM	51476K103	385	8,000	SH		SOLE		8,000	0	0
LANDS END INC NEW COM	COM	51509F105	833	55,000	SH		SOLE		55,000	0	0
LAWSON PRODS INC COM	COM	520776105	6,300	264,714	SH		SOLE		264,714	0	0
LAYNE CHRISTENSEN CO COM	COM	521050104	2,446	225,000	SH		SOLE		225,000	0	0
LEGACY TEX FINL GROUP INC COM	COM	52471Y106	2,571	59,700	SH		SOLE		59,700	0	0
LENDING TREE INC.	COM	52603B107	2,047	20,200	SH		SOLE		20,200	0	0
LIFEWAY FOODS INC COM	COM	531914109	1,788	155,300	SH		SOLE		155,300	0	0
LIMONEIRA CO COM	COM	532746104	2,412	112,120	SH		SOLE		112,120	0	0
LINDSAY CORP	COM	535555106	1,131	15,164	SH		SOLE		15,164	0	0
LIONBRIDGE TECHNOLOGIES INC CO	COM	536252109	2,658	458,356	SH		SOLE		458,356	0	0
LITHIA MOTORS INC.	COM	536797103	2,634	27,200	SH		SOLE		27,200	0	0
LSB INDS INC COM	COM	502160104	589	70,000	SH		SOLE		70,000	0	0
LYDALL INC COM	COM	550819106	7,450	120,449	SH		SOLE		120,449	0	0
MACQUARIE INFRASTRUCTURE COMPA	COM	55608B105	1,307	16,000	SH		SOLE		16,000	0	0
MARCUS CORP COM	COM	566330106	11,649	369,812	SH		SOLE		369,812	0	0
MARINE PRODS CORP COM	COM	568427108	11,165	805,000	SH		SOLE		805,000	0	0
MARINEMAX INC COM	COM	567908108	252	13,000	SH		SOLE		13,000	0	0
MARVELL TECHNOLOGY GRP LTD	COM	G5876H105	867	62,500	SH		SOLE		62,500	0	0
MATADOR RES CO COM	COM	576485205	1,007	39,100	SH		SOLE		39,100	0	0
MATERIALISE NV SPONSORED ADS	COM	57667T100	77	10,000	SH		SOLE		10,000	0	0
MATERION CORPORATION	COM	576690101	6,962	175,800	SH		SOLE		175,800	0	0
MATTHEWS INTL CORP CL A	COM	577128101	350	4,560	SH		SOLE		4,560	0	0
MCGRATH RENTCORP COM	COM	580589109	1,885	48,100	SH		SOLE		48,100	0	0
MDC PARTNERS INC-A	COM	552697104	753	115,000	SH		SOLE		115,000	0	0
MEDALLION FINANCIAL CORP	COM	583928106	332	110,000	SH		SOLE		110,000	0	0
MEDIA GEN INC NEW COM	COM	58441K100	15,047	799,104	SH		SOLE		799,104	0	0
MERCURY COMPUTER SYS INC COM	COM	589378108	1,073	35,500	SH		SOLE		35,500	0	0
MERIDIAN BIOSCIENCE INC COM	COM	589584101	2,478	140,000	SH		SOLE		140,000	0	0
MESA LABS INC COM	COM	59064R109	4,210	34,300	SH		SOLE		34,300	0	0
METHODE ELECTRS INC CL A	COM	591520200	1,398	33,800	SH		SOLE		33,800	0	0
MGE ENERGY INC	COM	55277P104	2,351	36,000	SH		SOLE		36,000	0	0
MGP INGREDIENTS INC NEW COM	COM	55303J106	3,324	66,500	SH		SOLE		66,500	0	0
MIDDLEBY CORP COM	COM	596278101	5,719	44,400	SH		SOLE		44,400	0	0
MIDDLESEX WTR CO COM	COM	596680108	1,285	29,933	SH		SOLE		29,933	0	0
MINERALS TECHNOLOGIES INC	COM	603158106	317	4,100	SH		SOLE		4,100	0	0
MITEK SYS INC COM NEW	COM	606710200	415	67,500	SH		SOLE		67,500	0	0
MOCON INC COM	COM	607494101	8,033	411,930	SH		SOLE		411,930	0	0
MODINE MFG CO	COM	607828100	2,929	196,600	SH		SOLE		196,600	0	0
MODUSLINK GLOBAL SOLUTIONS I	COM	60786L206	2,409	1,650,000	SH		SOLE		1,650,000	0	0
MOSY INC	COM	619718109	12	52,100	SH		SOLE		52,100	0	0
MOTORCAR PTS & ACCESSORS INCCO	COM	620071100	646	24,000	SH		SOLE		24,000	0	0
MOVADO GROUP INC COM	COM	624580106	431	15,000	SH		SOLE		15,000	0	0
MSA SAFETY INC COM	COM	553498106	659	9,500	SH		SOLE		9,500	0	0
MTS SYS CORP COM	COM	553777103	312	5,502	SH		SOLE		5,502	0	0
MUELLER WATER PRODUCTS INC	COM	624758108	266	20,000	SH		SOLE		20,000	0	0
MVC CAP COM	COM	553829102	935	109,000	SH		SOLE		109,000	0	0
MYERS INDS INC	COM	628464109	8,693	607,900	SH		SOLE		607,900	0	0
MYR GROUP INC DEL COM	COM	55405W104	5,188	137,674	SH		SOLE		137,674	0	0
MYRIAD GENETICS INC COM	COM	62855J104	312	18,700	SH		SOLE		18,700	0	0
NAPCO SEC SYS INC COM	COM	630402105	1,996	234,811	SH		SOLE		234,811	0	0
NATHANS FAMOUS INC NEW COM	COM	632347100	13,164	202,834	SH		SOLE		202,834	0	0
NAUTILUS INC	COM	63910B102	1,573	85,031	SH		SOLE		85,031	0	0
NAVIGATOR HOLDINGS LTD SHS	COM	Y62132108	1,246	134,000	SH		SOLE		134,000	0	0
NAVIGATORS GROUP INC COM	COM	638904102	295	2,505	SH		SOLE		2,505	0	0
NAVISTAR INTL CORP COM	COM	63934E108	627	20,000	SH		SOLE		20,000	0	0
NEOGEN CORP COM	COM	640491106	8,102	122,750	SH		SOLE		122,750	0	0
NEOGENOMICS INC COM NEW	COM	64049M209	1,555	181,407	SH		SOLE		181,407	0	0
NETSCOUT SYS INC COM	COM	64115T104	1,510	47,950	SH		SOLE		47,950	0	0
NEWPARK RES INC COM PAR$0.01NE	COM	651718504	179	23,900	SH		SOLE		23,900	0	0
NUTRACEUTICAL INTL CORP COM	COM	67060Y101	6,466	185,000	SH		SOLE		185,000	0	0
OAKTREE CAP GROUP LLC UNIT CL	UNITS	674001201	431	11,500	SH		SOLE		11,500	0	0
OCEANFIRST FINL CORP COM	COM	675234108	737	24,550	SH		SOLE		24,550	0	0
OFG BANCORP	COM	67103X102	264	20,150	SH		SOLE		20,150	0	0
OIL DRI CORP AMER COM	COM	677864100	4,902	128,300	SH		SOLE		128,300	0	0
OMNICELL INC COM	COM	68213N109	2,125	62,677	SH		SOLE		62,677	0	0
OMNOVA SOLUTIONS INC COM	COM	682129101	2,600	260,000	SH		SOLE		260,000	0	0
ON SEMICONDUCTOR CORP COM	COM	682189105	1,711	134,120	SH		SOLE		134,120	0	0
OPKO HEALTH INC COM	COM	68375N103	2,213	238,000	SH		SOLE		238,000	0	0
ORBCOMM INC COM	COM	68555P100	4,311	521,335	SH		SOLE		521,335	0	0
ORITANI FINL CORP DEL COM	COM	68633D103	1,082	57,692	SH		SOLE		57,692	0	0
ORTHOFIX INTL N V ORD	COM	N6748L102	1,635	45,200	SH		SOLE		45,200	0	0
PAIN THERAPEUTICS INC COM	COM	69562K100	26	45,000	SH		SOLE		45,000	0	0
PARAMOUNT GROUP INC COM	COM	69924R108	208	13,000	SH		SOLE		13,000	0	0
PARK ELECTROCHEMICAL CORP COM	COM	700416209	2,453	131,528	SH		SOLE		131,528	0	0
PARK OHIO HLDGS CORP COM	COM	700666100	7,221	169,500	SH		SOLE		169,500	0	0
PARKWAY INC WHEN ISSUED	COM	70156Q107	218	9,800	SH		SOLE		9,800	0	0
PATRIOT TRAMSPORTATION HOLDING	COM	70338W105	329	15,000	SH		SOLE		15,000	0	0
PATTERSON COMPANIES INC	COM	703395103	1,201	29,263	SH		SOLE		29,263	0	0
PATTERSON-UTI ENERGY INC COM	COM	703481101	2,042	75,846	SH		SOLE		75,846	0	0
PFSWEB INC COM NEW	COM	717098206	2,119	249,272	SH		SOLE		249,272	0	0
PIER 1 IMPORTS INC SHS BEN INT	COM	720279108	256	30,000	SH		SOLE		30,000	0	0
PLANTRONICS	COM	727493108	997	18,200	SH		SOLE		18,200	0	0
POWELL INDS INC COM	COM	739128106	784	20,103	SH		SOLE		20,103	0	0
PREFORMED LINE PRODS CO COM	COM	740444104	336	5,788	SH		SOLE		5,788	0	0
PRG-SCHULTZ INTERNATIONAL INCO	COM	69357C503	1,017	172,359	SH		SOLE		172,359	0	0
PROGRESS SOFTWARE CORP COM	COM	743312100	1,314	41,158	SH		SOLE		41,158	0	0
PTC INC COM	COM	69370C100	770	16,646	SH		SOLE		16,646	0	0
PZENA INVESTMENT MGMT INC CLAS	COM	74731Q103	1,778	160,000	SH		SOLE		160,000	0	0
QUIDEL CORP COM	COM	74838J101	3,150	147,061	SH		SOLE		147,061	0	0
QUMU CORP COM	COM	749063103	464	194,803	SH		SOLE		194,803	0	0
RAVEN INDS INC COM	COM	754212108	632	25,080	SH		SOLE		25,080	0	0
READING INTERNATIONAL INC CL B	COM	755408200	1,327	70,281	SH		SOLE		70,281	0	0
READING INTL INC CL A	COM	755408101	5,970	359,623	SH		SOLE		359,623	0	0
RENASANT CORP COM	COM	75970E107	1,561	36,971	SH		SOLE		36,971	0	0
RESTORATION HARDWARE HLDGS ICO	COM	761283100	332	10,800	SH		SOLE		10,800	0	0
RGC RES INC COM	COM	74955L103	1,089	43,600	SH		SOLE		43,600	0	0
RLJ ENTMT INC COM NEW	COM	74965F203	338	211,000	SH		SOLE		211,000	0	0
RPC INC. COMMON	COM	749660106	1,733	87,500	SH		SOLE		87,500	0	0
RTI BIOLOGICS INC COM	COM	74975N105	215	66,000	SH		SOLE		66,000	0	0
RUSH ENTERPRISES INC CL A	COM	781846209	1,898	59,505	SH		SOLE		59,505	0	0
RUSH ENTERPRISES INC CL B	COM	781846308	3,211	104,005	SH		SOLE		104,005	0	0
RYMAN HOSPITALITY PPTYS INC CO	COM	78377T107	630	10,000	SH		SOLE		10,000	0	0
SAFEGUARD SCIENTIFICS INC COM	COM	786449207	675	50,216	SH		SOLE		50,216	0	0
SALEM COMMUNICATIONS CORP DECL	COM	794093104	3,875	620,008	SH		SOLE		620,008	0	0
SANFILIPPO JOHN B & SON INC CO	COM	800422107	1,586	22,531	SH		SOLE		22,531	0	0
SANOFI-AVENTIS-CVR	WARRANT AND RIGH	80105N113	152	400,000	SH		SOLE		400,000	0	0
SCHMITT INDS INC ORE COM NEW	COM	806870200	127	78,000	SH		SOLE		78,000	0	0
SCHULMAN A INC COM	COM	808194104	2,291	68,500	SH		SOLE		68,500	0	0
SCIENTIFIC GAMES CORP CL A	COM	80874P109	3,290	235,000	SH		SOLE		235,000	0	0
SCRIPPS E W CO OHIO CL A	COM	811054402	17,514	906,048	SH		SOLE		906,048	0	0
SEQUENTIAL BRNDS GROUP INC NEW	COM	81734P107	47	10,000	SH		SOLE		10,000	0	0
SEVCON INC	COM	81783K108	4,429	518,604	SH		SOLE		518,604	0	0
SHENANDOAH TELECOMMUNICATIONCD	COM	82312B106	13,377	490,000	SH		SOLE		490,000	0	0
SHILOH INDS INC COM	COM	824543102	504	73,000	SH		SOLE		73,000	0	0
SILVERCREST ASSET MGMT GROUPCL	COM	828359109	1,118	85,000	SH		SOLE		85,000	0	0
SINCLAIR BROADCAST GROUP INCCL	COM	829226109	1,101	33,000	SH		SOLE		33,000	0	0
SJW GROUP	COM	784305104	5,632	100,606	SH		SOLE		100,606	0	0
SKYLINE CORP	COM	830830105	737	47,796	SH		SOLE		47,796	0	0
SNYDERS LANCE INC COM	COM	833551104	9,340	243,600	SH		SOLE		243,600	0	0
SONIC AUTOMOTIVE INC CL A	COM	83545G102	1,523	66,500	SH		SOLE		66,500	0	0
SOUTHWEST BANCORP INC OKLA COM	COM	844767103	1,189	40,994	SH		SOLE		40,994	0	0
SPARTANNASH CO COM	COM	847215100	237	6,000	SH		SOLE		6,000	0	0
STANDARD MTR PRODS INC CLASS A	COM	853666105	6,503	122,200	SH		SOLE		122,200	0	0
STANDEX INTL CORP	COM	854231107	2,460	28,000	SH		SOLE		28,000	0	0
STANLEY FURNITURE INC COM NEW	COM	854305208	20	22,000	SH		SOLE		22,000	0	0
STARRETT L S CO CL A	COM	855668109	2,996	322,177	SH		SOLE		322,177	0	0
STATE BK FINL CORP COM	COM	856190103	1,093	40,700	SH		SOLE		40,700	0	0
STEEL PARTNERS HLDGS L P	COM	85814R107	9,362	604,000	SH		SOLE		604,000	0	0
STERIS PLC SHARES	COM	G84720104	236	3,500	SH		SOLE		3,500	0	0
STERLING BANCORP/DE	COM	85917A100	3,356	143,409	SH		SOLE		143,409	0	0
STIFEL FINL CORP COM	COM	860630102	876	17,532	SH		SOLE		17,532	0	0
STONERIDGE INC	COM	86183P102	4,561	257,815	SH		SOLE		257,815	0	0
STRAIGHT PATH COMMUNICATNS ICL	COM	862578101	210	6,200	SH		SOLE		6,200	0	0
STRATASYS LTD SHS	COM	M85548101	620	37,500	SH		SOLE		37,500	0	0
STRATTEC SECURITY CORP.	COM	863111100	7,121	176,700	SH		SOLE		176,700	0	0
SUNOPTA INC COM	COM	8676EP108	2,115	300,000	SH		SOLE		300,000	0	0
SUPERIOR INDS INTL INC	COM	868168105	12,750	483,883	SH		SOLE		483,883	0	0
SURMODICS INC COM	COM	868873100	7,031	276,792	SH		SOLE		276,792	0	0
SVB FINL GROUP COM	COM	78486Q101	302	1,760	SH		SOLE		1,760	0	0
SYNERON MEDICAL LTD ORD SHS	COM	M87245102	850	101,249	SH		SOLE		101,249	0	0
TEAM INC COM	COM	878155100	4,396	112,000	SH		SOLE		112,000	0	0
TEJON RANCH CO DEL COM	COM	879080109	3,408	134,000	SH		SOLE		134,000	0	0
TENNANT CO	COM	880345103	3,510	49,300	SH		SOLE		49,300	0	0
TENNECO INC	COM	880349105	2,311	37,000	SH		SOLE		37,000	0	0
TESCO CORP COM	COM	88157K101	478	57,900	SH		SOLE		57,900	0	0
TETRAPHASE PHARMACEUTICALS ICO	COM	88165N105	121	30,000	SH		SOLE		30,000	0	0
THESTREET INC	COM	88368Q103	55	65,000	SH		SOLE		65,000	0	0
TIMKENSTEEL CORP COM	COM	887399103	836	54,000	SH		SOLE		54,000	0	0
TITAN INTL INC ILL COM	COM	88830M102	392	35,000	SH		SOLE		35,000	0	0
TITAN MACHY INC COM	COM	88830R101	1,689	115,933	SH		SOLE		115,933	0	0
TOWER INTL INC COM	COM	891826109	948	33,425	SH		SOLE		33,425	0	0
TOWNSQUARE MEDIA INC CL A	COM	892231101	979	94,000	SH		SOLE		94,000	0	0
TRANSACT TECHNOLOGIES INC COM	COM	892918103	879	133,200	SH		SOLE		133,200	0	0
TREDEGAR INDS INC	COM	894650100	9,000	375,000	SH		SOLE		375,000	0	0
TRINITY BIOTECH PLC SPON ADR N	COM	896438306	969	140,000	SH		SOLE		140,000	0	0
TRISTATE CAP HLDGS INC COM	COM	89678F100	221	10,000	SH		SOLE		10,000	0	0
TRONC INC COM	COM	89703P107	364	26,257	SH		SOLE		26,257	0	0
TRUSTCO BK CORP N Y COM	COM	898349105	569	65,000	SH		SOLE		65,000	0	0
TUESDAY MORNING CORP COM NEW	COM	899035505	60	11,096	SH		SOLE		11,096	0	0
TWIN DISC INC COM	COM	901476101	4,526	310,000	SH		SOLE		310,000	0	0
TYLER TECHNOLOGIES INC COM	COM	902252105	485	3,400	SH		SOLE		3,400	0	0
ULTRA CLEAN HLDGS INC COM	COM	90385V107	1,523	157,000	SH		SOLE		157,000	0	0
ULTRALIFE BATTERIES INC COM	COM	903899102	124	25,000	SH		SOLE		25,000	0	0
ULTRATECH INC COM	COM	904034105	2,899	120,900	SH		SOLE		120,900	0	0
UMPQUA HLDGS CORP COM	COM	904214103	392	20,886	SH		SOLE		20,886	0	0
UNITED FINANCIAL BANCORP INC	COM	910304104	3,047	167,800	SH		SOLE		167,800	0	0
UNITED GUARDIAN INC COM	COM	910571108	1,200	77,400	SH		SOLE		77,400	0	0
UNITED NAT FOODS INC COM	COM	911163103	1,096	22,958	SH		SOLE		22,958	0	0
UNIVERSAL TECHNICAL INST INCCO	COM	913915104	198	68,000	SH		SOLE		68,000	0	0
UTAH MED PRODS INC COM	COM	917488108	376	5,174	SH		SOLE		5,174	0	0
VALUE LINE INC	COM	920437100	645	33,089	SH		SOLE		33,089	0	0
VASCULAR SOLUTIONS INC COM	COM	92231M109	1,111	19,800	SH		SOLE		19,800	0	0
VCA ANTECH INC COM	COM	918194101	244	3,554	SH		SOLE		3,554	0	0
VERSUM MATLS INC COM	COM	92532W103	572	20,388	SH		SOLE		20,388	0	0
VIAD CORP COM NEW	COM	92552R406	1,644	37,282	SH		SOLE		37,282	0	0
VICOR CORP COM	COM	925815102	1,555	103,000	SH		SOLE		103,000	0	0
VIDEOCON D2H LTD ADR	COM	92657J101	343	41,675	SH		SOLE		41,675	0	0
VILLAGE SUPER MKT INC CL A NEW	COM	927107409	1,316	42,581	SH		SOLE		42,581	0	0
VISHAY INTERTECHNOLOGY INC	COM	928298108	197	12,145	SH		SOLE		12,145	0	0
WABASH NATL CORP COM	COM	929566107	1,107	70,000	SH		SOLE		70,000	0	0
WASHINGTON FED INC	COM	938824109	943	27,450	SH		SOLE		27,450	0	0
WASHINGTON TR BANCORP COM	COM	940610108	3,364	60,020	SH		SOLE		60,020	0	0
WATERSTONE FINL INC MD COM	COM	94188P101	1,805	98,100	SH		SOLE		98,100	0	0
WESTERN NEW ENGLAND BANCORP	COM	958892101	814	87,100	SH		SOLE		87,100	0	0
WILLAMETTE VY VINEYARD INC COM	COM	969136100	184	23,000	SH		SOLE		23,000	0	0
WINNEBAGO INDS INC COM	COM	974637100	1,931	61,000	SH		SOLE		61,000	0	0
WOODWARD INC	COM	980745103	376	5,450	SH		SOLE		5,450	0	0
WORLD WRESTLING ENTERTAINMENT	COM	98156Q108	626	34,000	SH		SOLE		34,000	0	0
XENITH BANKSHARES INC NEW	COM	984102202	494	17,512	SH		SOLE		17,512	0	0
XO GROUP INC COM	COM	983772104	1,459	74,991	SH		SOLE		74,991	0	0
YADKIN FINL CORP COM	COM	984305102	1,199	35,000	SH		SOLE		35,000	0	0
YORK WTR CO COM	COM	987184108	1,682	44,037	SH		SOLE		44,037	0	0