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	EQUITY	68243Q106	1,874,500	163,000	SH		SOLE		163,000	0	0
2U INC 2.250 05/01/25 CVT	BOND CONVERTIBLE	90214JAB7	864,094	1,100,000	PRN		SOLE		1,100,000	0	0
A10 NETWORKS INC	EQUITY	002121101	867,440	56,000	SH		SOLE		56,000	0	0
ACCURAY INC	EQUITY	004397105	193,050	65,000	SH		SOLE		65,000	0	0
ACME UNITED CORP	EQUITY	004816104	1,265,000	55,000	SH		SOLE		55,000	0	0
ADTHEORENT HOLDINGS CO INC	EQUITY	00739D109	50,700	30,000	SH		SOLE		30,000	0	0
AEROJET ROCKETDYNE HOLDINGS	EQUITY	007800105	9,071,455	161,500	SH		SOLE		161,500	0	0
AGILYSYS INC	EQUITY	00847J105	330,040	4,000	SH		SOLE		4,000	0	0
AKAMAI TECHNOLOGIES INC 0.375 09/01/27 CVT	BOND CONVERTIBLE	00971TAL5	276,765	300,000	PRN		SOLE		300,000	0	0
ALITHYA GROUP INC-CLASS A	EQUITY	01643B106	1,438,240	712,000	SH		SOLE		712,000	0	0
ALLIED MOTION TECHNOLOGIES	EQUITY	019330109	4,614,810	119,400	SH		SOLE		119,400	0	0
AMERICAN OUTDOOR BRANDS INC	EQUITY	02875D109	1,269,360	129,000	SH		SOLE		129,000	0	0
AMERICAN SOFTWARE INC-CL A	EQUITY	029683109	1,689,740	134,000	SH		SOLE		134,000	0	0
AMERICAN VANGUARD CORP	EQUITY	030371108	481,360	22,000	SH		SOLE		22,000	0	0
AMPCO-PITTSBURGH CORP	EQUITY	032037103	325,850	133,000	SH		SOLE		133,000	0	0
AMPCO-PITTSBURGH CORP WARRANTS 8/1/25	WARRANT	032037111	25,845	47,000	SH		SOLE		47,000	0	0
ANTERIX INC	EQUITY	03676C100	2,081,520	63,000	SH		SOLE		63,000	0	0
ARLO TECHNOLOGIES INC	EQUITY	04206A101	890,820	147,000	SH		SOLE		147,000	0	0
ARRAY TECHNOLOGIES INC 1.000 12/01/28 CVT	BOND CONVERTIBLE	04271TAB6	967,047	878,000	PRN		SOLE		878,000	0	0
ARTESIAN RESOURCES CORP-CL A	EQUITY	043113208	1,789,235	32,320	SH		SOLE		32,320	0	0
ASTEC INDUSTRIES INC	EQUITY	046224101	7,425,000	180,000	SH		SOLE		180,000	0	0
ASTRONICS CORP	EQUITY	046433108	3,179,680	238,000	SH		SOLE		238,000	0	0
ATLANTIC AMERICAN CORP	EQUITY	048209100	53,915	22,000	SH		SOLE		22,000	0	0
ATLANTIC UNION BANKSHARES CO	EQUITY	04911A107	1,448,581	41,329	SH		SOLE		41,329	0	0
AVID TECHNOLOGY INC	EQUITY	05367P100	703,560	22,000	SH		SOLE		22,000	0	0
AZZ INC	EQUITY	002474104	577,360	14,000	SH		SOLE		14,000	0	0
BADGER METER INC	EQUITY	056525108	828,376	6,800	SH		SOLE		6,800	0	0
BALLY'S CORP	EQUITY	05875B106	448,257	22,964	SH		SOLE		22,964	0	0
BANDWIDTH INC 0.250 03/01/26 CVT	BOND CONVERTIBLE	05988JAB9	544,796	700,000	PRN		SOLE		700,000	0	0
BANK7 CORP	EQUITY	06652N107	338,790	13,800	SH		SOLE		13,800	0	0
BASSETT FURNITURE INDS	EQUITY	070203104	493,060	27,700	SH		SOLE		27,700	0	0
BEASLEY BROADCAST GRP INC -A	EQUITY	074014101	250,100	305,000	SH		SOLE		305,000	0	0
BELLRING BRANDS INC	EQUITY	07831C103	510,000	15,000	SH		SOLE		15,000	0	0
BERKSHIRE HILLS BANCORP INC	EQUITY	084680107	242,080	9,660	SH		SOLE		9,660	0	0
BIG 5 SPORTING GOODS CORP	EQUITY	08915P101	123,040	16,000	SH		SOLE		16,000	0	0
BOYD GAMING CORP	EQUITY	103304101	1,221,550	19,051	SH		SOLE		19,051	0	0
CADENCE BANK	EQUITY	12740C103	316,382	15,240	SH		SOLE		15,240	0	0
CAESARS ENTERTAINMENT INC	EQUITY	12769G100	985,962	20,200	SH		SOLE		20,200	0	0
CALAVO GROWERS INC	EQUITY	128246105	1,380,960	48,000	SH		SOLE		48,000	0	0
CALIFORNIA WATER SERVICE GRP	EQUITY	130788102	1,373,520	23,600	SH		SOLE		23,600	0	0
CAPITAL CITY BANK GROUP INC	EQUITY	139674105	2,338,938	79,800	SH		SOLE		79,800	0	0
CARDIOVASCULAR SYSTEMS INC	EQUITY	141619106	198,600	10,000	SH		SOLE		10,000	0	0
CARDLYTICS INC 1.000 09/15/25 CVT	BOND CONVERTIBLE	14161WAB1	326,960	780,000	PRN		SOLE		780,000	0	0
CASELLA WASTE SYSTEMS INC-A	EQUITY	147448104	3,240,272	39,200	SH		SOLE		39,200	0	0
CAVCO INDUSTRIES INC	EQUITY	149568107	5,573,160	17,540	SH		SOLE		17,540	0	0
CHART INDUSTRIES INC 1.000 11/15/24 CVT	BOND CONVERTIBLE	16115QAE0	326,385	150,000	PRN		SOLE		150,000	0	0
CHART INDUSTRIES INC 6.750 12/15/25 SR:B CVT	PREFERRED CONVER	16115Q407	374,430	7,000	SH		SOLE		7,000	0	0
CHASE CORP	EQUITY	16150R104	3,068,589	29,300	SH		SOLE		29,300	0	0
CHESAPEAKE UTILITIES CORP	EQUITY	165303108	895,930	7,000	SH		SOLE		7,000	0	0
CHURCHILL DOWNS INC	EQUITY	171484108	462,690	1,800	SH		SOLE		1,800	0	0
CIRCOR INTERNATIONAL INC	EQUITY	17273K109	1,867,200	60,000	SH		SOLE		60,000	0	0
CITIZENS & NORTHERN CORP	EQUITY	172922106	354,053	16,560	SH		SOLE		16,560	0	0
COHERUS BIOSCIENCES INC 1.500 04/15/26 CVT	BOND CONVERTIBLE	19249HAB9	354,454	505,000	PRN		SOLE		505,000	0	0
COLUMBUS MCKINNON CORP/NY	EQUITY	199333105	2,526,880	68,000	SH		SOLE		68,000	0	0
COMMERCIAL VEHICLE GROUP INC	EQUITY	202608105	2,047,650	280,500	SH		SOLE		280,500	0	0
COMTECH TELECOMMUNICATIONS	EQUITY	205826209	2,234,606	179,055	SH		SOLE		179,055	0	0
CONSOLIDATED WATER CO-ORD SH	EQUITY	G23773107	936,510	57,000	SH		SOLE		57,000	0	0
CORE MOLDING TECHNOLOGIES IN	EQUITY	218683100	2,753,441	153,054	SH		SOLE		153,054	0	0
CTS CORP	EQUITY	126501105	7,913,600	160,000	SH		SOLE		160,000	0	0
CUTERA INC	EQUITY	232109108	5,400,949	228,660	SH		SOLE		228,660	0	0
CUTERA INC 2.250 03/15/26 CVT	BOND CONVERTIBLE	232109AB4	299,439	300,000	PRN		SOLE		300,000	0	0
DAKTRONICS INC	EQUITY	234264109	311,850	55,000	SH		SOLE		55,000	0	0
DANA INC	EQUITY	235825205	714,875	47,500	SH		SOLE		47,500	0	0
DAWSON GEOPHYSICAL CO	EQUITY	239360100	37,200	24,000	SH		SOLE		24,000	0	0
DENNY'S CORP	EQUITY	24869P104	636,120	57,000	SH		SOLE		57,000	0	0
DHI GROUP INC	EQUITY	23331S100	174,600	45,000	SH		SOLE		45,000	0	0
DIEBOLD NIXDORF INC	EQUITY	253651103	133,200	111,000	SH		SOLE		111,000	0	0
DIGI INTERNATIONAL INC	EQUITY	253798102	336,800	10,000	SH		SOLE		10,000	0	0
DIME COMMUNITY BANCSHARES IN	EQUITY	25432X102	221,406	9,745	SH		SOLE		9,745	0	0
DISH NETWORK CORP 0.000 12/15/25 CVT	BOND CONVERTIBLE	25470MAF6	373,163	700,000	PRN		SOLE		700,000	0	0
DISTRIBUTION SOLUTIONS GROUP	EQUITY	520776105	8,223,714	180,900	SH		SOLE		180,900	0	0
DRIL-QUIP INC	EQUITY	262037104	202,724	7,066	SH		SOLE		7,066	0	0
DUCOMMUN INC	EQUITY	264147109	9,658,503	176,540	SH		SOLE		176,540	0	0
EASTERN CO/THE	EQUITY	276317104	5,746,600	295,000	SH		SOLE		295,000	0	0
EDGIO INC 3.500 08/01/25 CVT	BOND CONVERTIBLE	53261MAB0	440,815	500,000	PRN		SOLE		500,000	0	0
ELECTROMED INC	EQUITY	285409108	365,477	35,142	SH		SOLE		35,142	0	0
ENERGY RECOVERY INC	EQUITY	29270J100	691,500	30,000	SH		SOLE		30,000	0	0
EW SCRIPPS CO NEW	EQUITY	811054402	3,197,518	339,800	SH		SOLE		339,800	0	0
EXELIXIS INC	EQUITY	30161Q104	1,174,305	60,500	SH		SOLE		60,500	0	0
FARMER BROS CO	EQUITY	307675108	1,598,040	414,000	SH		SOLE		414,000	0	0
FARMERS NATL BANC CORP	EQUITY	309627107	505,600	40,000	SH		SOLE		40,000	0	0
FEDERAL SIGNAL CORP	EQUITY	313855108	4,716,270	87,000	SH		SOLE		87,000	0	0
FIRST INTERNET BANCORP	EQUITY	320557101	440,226	26,440	SH		SOLE		26,440	0	0
FLUSHING FINANCIAL CORP	EQUITY	343873105	5,647,777	379,300	SH		SOLE		379,300	0	0
FNB CORP	EQUITY	302520101	858,400	74,000	SH		SOLE		74,000	0	0
FOSTER (LB) CO-A	EQUITY	350060109	1,748,163	152,279	SH		SOLE		152,279	0	0
FREQUENCY ELECTRONICS INC	EQUITY	358010106	72,345	10,500	SH		SOLE		10,500	0	0
FRP HOLDINGS INC	EQUITY	30292L107	1,128,660	19,500	SH		SOLE		19,500	0	0
FS BANCORP INC	EQUITY	30263Y104	963,801	32,116	SH		SOLE		32,116	0	0
FUBOTV INC 3.250 02/15/26 CVT	BOND CONVERTIBLE	35953DAB0	153,680	360,000	PRN		SOLE		360,000	0	0
GAMBLING.COM GROUP LTD	EQUITY	G3R239101	1,792,570	180,885	SH		SOLE		180,885	0	0
GAN LTD	EQUITY	G3728V109	36,120	28,000	SH		SOLE		28,000	0	0
GARRETT MOTION INC	EQUITY	366505105	383,000	50,000	SH		SOLE		50,000	0	0
GENCOR INDUSTRIES INC	EQUITY	368678108	7,300,750	475,000	SH		SOLE		475,000	0	0
GENIUS SPORTS LTD	EQUITY	G3934V109	104,346	20,953	SH		SOLE		20,953	0	0
GENTHERM INC	EQUITY	37253A103	736,520	12,190	SH		SOLE		12,190	0	0
GIBRALTAR INDUSTRIES INC	EQUITY	374689107	4,122,500	85,000	SH		SOLE		85,000	0	0
GOLDEN ENTERTAINMENT INC	EQUITY	381013101	5,251,657	120,700	SH		SOLE		120,700	0	0
GORMAN-RUPP CO	EQUITY	383082104	2,150,000	86,000	SH		SOLE		86,000	0	0
GRAHAM CORP	EQUITY	384556106	1,556,520	119,000	SH		SOLE		119,000	0	0
GRANITE CONSTRUCTION INC	EQUITY	387328107	205,400	5,000	SH		SOLE		5,000	0	0
GRAY TELEVISION INC	EQUITY	389375106	2,102,566	241,120	SH		SOLE		241,120	0	0
GRAY TELEVISION INC-A	EQUITY	389375205	736,966	86,600	SH		SOLE		86,600	0	0
GYRODYNE LLC	EQUITY	403829104	162,792	19,040	SH		SOLE		19,040	0	0
HANOVER BANCORP INC/NY	EQUITY	410710206	270,000	15,000	SH		SOLE		15,000	0	0
HAWKINS INC	EQUITY	420261109	3,145,155	71,840	SH		SOLE		71,840	0	0
HERC HOLDINGS INC	EQUITY	42704L104	569,500	5,000	SH		SOLE		5,000	0	0
HOMESTREET INC	EQUITY	43785V102	460,544	25,600	SH		SOLE		25,600	0	0
I3 VERTICALS INC-CLASS A	EQUITY	46571Y107	2,496,933	101,791	SH		SOLE		101,791	0	0
ICC HOLDINGS INC	EQUITY	44931Q104	263,502	17,000	SH		SOLE		17,000	0	0
ICF INTERNATIONAL INC	EQUITY	44925C103	2,169,866	19,780	SH		SOLE		19,780	0	0
IMAX CORP	EQUITY	45245E109	580,540	30,268	SH		SOLE		30,268	0	0
IMPINJ INC 1.125 05/15/27 CVT	BOND CONVERTIBLE	453204AD1	709,695	500,000	PRN		SOLE		500,000	0	0
INDUS REALTY TRUST INC	EQUITY	45580R103	4,640,300	70,000	SH		SOLE		70,000	0	0
INFINERA CORP 2.500 03/01/27 CVT	BOND CONVERTIBLE	45667GAE3	612,610	500,000	PRN		SOLE		500,000	0	0
INFUSYSTEM HOLDINGS INC	EQUITY	45685K102	1,550,000	200,000	SH		SOLE		200,000	0	0
INGLES MARKETS INC-CLASS A	EQUITY	457030104	354,800	4,000	SH		SOLE		4,000	0	0
INNOVATE CORP	EQUITY	45784J105	801,900	270,000	SH		SOLE		270,000	0	0
INNOVATIVE SOLUTIONS & SUPP	EQUITY	45769N105	774,392	105,503	SH		SOLE		105,503	0	0
INSPIRED ENTERTAINMENT INC	EQUITY	45782N108	3,584,027	280,221	SH		SOLE		280,221	0	0
INSULET CORPORATION 0.375 09/01/26 CVT	BOND CONVERTIBLE	45784PAK7	748,450	500,000	PRN		SOLE		500,000	0	0
INTEGER HOLDINGS CORP	EQUITY	45826H109	1,684,075	21,730	SH		SOLE		21,730	0	0
INTEVAC INC	EQUITY	461148108	1,957,110	267,000	SH		SOLE		267,000	0	0
INVITAE CORP	EQUITY	46185L103	13,500	10,000	SH		SOLE		10,000	0	0
ISPECIMEN INC	EQUITY	45032V108	50,920	38,000	SH		SOLE		38,000	0	0
JOHN BEAN TECHNOLOGIES CORP	EQUITY	477839104	1,092,900	10,000	SH		SOLE		10,000	0	0
JOHNSON OUTDOORS INC-A	EQUITY	479167108	315,050	5,000	SH		SOLE		5,000	0	0
KAMAN CORP	EQUITY	483548103	1,920,240	84,000	SH		SOLE		84,000	0	0
KAR AUCTION SERVICES INC	EQUITY	48238T109	438,594	32,061	SH		SOLE		32,061	0	0
KIMBALL ELECTRONICS INC	EQUITY	49428J109	853,140	35,400	SH		SOLE		35,400	0	0
KIMBALL INTERNATIONAL-B	EQUITY	494274103	1,798,000	145,000	SH		SOLE		145,000	0	0
KKR & CO INC	EQUITY	48251W104	3,177,460	60,500	SH		SOLE		60,500	0	0
LANDS' END INC	EQUITY	51509F105	223,560	23,000	SH		SOLE		23,000	0	0
LA-Z-BOY INC	EQUITY	505336107	581,600	20,000	SH		SOLE		20,000	0	0
LEE ENTERPRISES	EQUITY	523768406	261,450	21,000	SH		SOLE		21,000	0	0
LEGACY HOUSING CORP	EQUITY	52472M101	1,836,732	80,700	SH		SOLE		80,700	0	0
LEMAITRE VASCULAR INC	EQUITY	525558201	283,085	5,500	SH		SOLE		5,500	0	0
LENDINGTREE INC 0.500 07/15/25 CVT	BOND CONVERTIBLE	52603BAD9	375,450	500,000	PRN		SOLE		500,000	0	0
LIFETIME BRANDS INC	EQUITY	53222Q103	1,438,689	244,675	SH		SOLE		244,675	0	0
LIMONEIRA CO	EQUITY	532746104	3,248,700	195,000	SH		SOLE		195,000	0	0
LUMENTUM HOLDINGS INC 0.500 06/15/28 CVT	BOND CONVERTIBLE	55024UAF6	232,967	304,000	PRN		SOLE		304,000	0	0
MANITOWOC COMPANY INC	EQUITY	563571405	307,620	18,000	SH		SOLE		18,000	0	0
MARCUS CORPORATION	EQUITY	566330106	1,160,000	72,500	SH		SOLE		72,500	0	0
MARINE PRODUCTS CORP	EQUITY	568427108	4,848,644	367,600	SH		SOLE		367,600	0	0
MARINEMAX INC	EQUITY	567908108	402,500	14,000	SH		SOLE		14,000	0	0
MATERIALISE NV-ADR	DEPOSITORY RECEI	57667T100	83,000	10,000	SH		SOLE		10,000	0	0
MEDALLION FINANCIAL CORP	EQUITY	583928106	736,320	96,000	SH		SOLE		96,000	0	0
MERCADOLIBRE INC 2.000 08/15/28 CVT	BOND CONVERTIBLE	58733RAD4	907,770	300,000	PRN		SOLE		300,000	0	0
MESA LABORATORIES INC	EQUITY	59064R109	698,920	4,000	SH		SOLE		4,000	0	0
METHODE ELECTRONICS INC	EQUITY	591520200	359,377	8,190	SH		SOLE		8,190	0	0
MIDDLEBY CORP	EQUITY	596278101	2,378,014	16,220	SH		SOLE		16,220	0	0
MIDDLESEX WATER CO	EQUITY	596680108	406,224	5,200	SH		SOLE		5,200	0	0
MINERALS TECHNOLOGIES INC	EQUITY	603158106	213,101	3,527	SH		SOLE		3,527	0	0
MITEK SYSTEMS INC	EQUITY	606710200	1,313,830	137,000	SH		SOLE		137,000	0	0
MODINE MANUFACTURING CO	EQUITY	607828100	5,578,100	242,000	SH		SOLE		242,000	0	0
MOTORCAR PARTS OF AMERICA IN	EQUITY	620071100	133,920	18,000	SH		SOLE		18,000	0	0
MOVADO GROUP INC	EQUITY	624580106	848,715	29,500	SH		SOLE		29,500	0	0
MSA SAFETY INC	EQUITY	553498106	1,041,300	7,800	SH		SOLE		7,800	0	0
MYERS INDUSTRIES INC	EQUITY	628464109	14,226,734	663,870	SH		SOLE		663,870	0	0
MYR GROUP INC/DELAWARE	EQUITY	55405W104	2,401,499	19,058	SH		SOLE		19,058	0	0
NATHAN'S FAMOUS INC	EQUITY	632347100	16,154,510	213,684	SH		SOLE		213,684	0	0
NATURAL GROCERS BY VITAMIN C	EQUITY	63888U108	188,000	16,000	SH		SOLE		16,000	0	0
NAUTILUS INC	EQUITY	63910B102	13,400	10,000	SH		SOLE		10,000	0	0
NAVIGATOR HOLDINGS LTD	EQUITY	Y62132108	1,400,000	100,000	SH		SOLE		100,000	0	0
NCL CORPORATION LTD 1.125 02/15/27 CVT	BOND CONVERTIBLE	62886HBD2	160,154	223,000	PRN		SOLE		223,000	0	0
NCL CORPORATION LTD 5.375 08/01/25 CVT	BOND CONVERTIBLE	62886HAX9	270,385	250,000	PRN		SOLE		250,000	0	0
NEOGEN CORP	EQUITY	640491106	3,926,240	212,000	SH		SOLE		212,000	0	0
NEOGENOMICS INC	EQUITY	64049M209	1,053,305	60,500	SH		SOLE		60,500	0	0
NEURONETICS INC	EQUITY	64131A105	168,780	58,000	SH		SOLE		58,000	0	0
NEXTERA ENERGY INC 6.926 09/01/25 CVT	PREFERRED CONVER	65339F713	231,750	5,000	SH		SOLE		5,000	0	0
NICE LTD 0.000 09/15/25 CVT	BOND CONVERTIBLE	653656AB4	416,950	430,000	PRN		SOLE		430,000	0	0
OCEANFIRST FINANCIAL CORP	EQUITY	675234108	361,931	19,585	SH		SOLE		19,585	0	0
OIL-DRI CORP OF AMERICA	EQUITY	677864100	857,166	20,600	SH		SOLE		20,600	0	0
OMNICELL INC	EQUITY	68213N109	384,406	6,552	SH		SOLE		6,552	0	0
OOMA INC	EQUITY	683416101	250,200	20,000	SH		SOLE		20,000	0	0
OPKO HEALTH INC	EQUITY	68375N103	277,400	190,000	SH		SOLE		190,000	0	0
OPTION CARE HEALTH INC	EQUITY	68404L201	667,170	21,000	SH		SOLE		21,000	0	0
ORTHOFIX MEDICAL INC	EQUITY	68752M108	1,011,365	60,380	SH		SOLE		60,380	0	0
OTONOMO TECHNOLOGIES LTD	EQUITY	M7571L103	21,407	45,000	SH		SOLE		45,000	0	0
PACIFIC PREMIER BANCORP INC	EQUITY	69478X105	240,200	10,000	SH		SOLE		10,000	0	0
PAR TECHNOLOGY CORP 2.875 04/15/26 CVT	BOND CONVERTIBLE	698884AC7	1,064,550	1,000,000	PRN		SOLE		1,000,000	0	0
PARATEK PHARMACEUTICALS INC	EQUITY	699374302	85,598	33,700	SH		SOLE		33,700	0	0
PARK AEROSPACE CORP	EQUITY	70014A104	815,070	60,600	SH		SOLE		60,600	0	0
PARK-OHIO HOLDINGS CORP	EQUITY	700666100	2,325,400	192,500	SH		SOLE		192,500	0	0
PEBBLEBROOK HOTEL TRUST 1.750 12/15/26 CVT	BOND CONVERTIBLE	70509VAA8	169,458	200,000	PRN		SOLE		200,000	0	0
PERFICIENT INC 0.125 11/15/26 CVT	BOND CONVERTIBLE	71375UAF8	788,590	1,000,000	PRN		SOLE		1,000,000	0	0
PETIQ INC 4.000 06/01/26 CVT	BOND CONVERTIBLE	71639TAB2	557,658	640,000	PRN		SOLE		640,000	0	0
PFSWEB INC	EQUITY	717098206	937,040	221,000	SH		SOLE		221,000	0	0
PITNEY BOWES INC	EQUITY	724479100	194,500	50,000	SH		SOLE		50,000	0	0
PLAYAGS INC	EQUITY	72814N104	1,658,800	232,000	SH		SOLE		232,000	0	0
PLAYSTUDIOS INC	EQUITY	72815G108	110,700	30,000	SH		SOLE		30,000	0	0
POST HOLDINGS PARTNERI -CW23	WARRANT	737465112	14,250	95,000	SH		SOLE		95,000	0	0
POST HOLDINGS PARTNERING -A	EQUITY	737465104	2,884,200	285,000	SH		SOLE		285,000	0	0
PREFORMED LINE PRODUCTS CO	EQUITY	740444104	422,532	3,300	SH		SOLE		3,300	0	0
PRIMIS FINANCIAL CORP	EQUITY	74167B109	308,160	32,000	SH		SOLE		32,000	0	0
PRIMO WATER CORP	EQUITY	74167P108	230,250	15,000	SH		SOLE		15,000	0	0
PROGRESS SOFTWARE CORP 1.000 04/15/26 CVT	BOND CONVERTIBLE	743312AB6	936,058	860,000	PRN		SOLE		860,000	0	0
PROS HOLDINGS INC 2.250 09/15/27 CVT	BOND CONVERTIBLE	74346YAG8	439,937	465,000	PRN		SOLE		465,000	0	0
QUIDELORTHO CORP	EQUITY	219798105	222,725	2,500	SH		SOLE		2,500	0	0
READING INTERNATIONAL INC-A	EQUITY	755408101	920,624	283,269	SH		SOLE		283,269	0	0
READING INTERNATIONAL INC-B	EQUITY	755408200	1,610,760	74,400	SH		SOLE		74,400	0	0
RENASANT CORP	EQUITY	75970E107	933,607	30,530	SH		SOLE		30,530	0	0
RGC RESOURCES INC	EQUITY	74955L103	1,229,302	53,010	SH		SOLE		53,010	0	0
RPC INC	EQUITY	749660106	461,400	60,000	SH		SOLE		60,000	0	0
RUSH ENTERPRISES INC - CL B	EQUITY	781846308	4,851,090	81,000	SH		SOLE		81,000	0	0
RUSH ENTERPRISES INC-CL A	EQUITY	781846209	2,009,280	36,800	SH		SOLE		36,800	0	0
RUSH STREET INTERACTIVE INC	EQUITY	782011100	62,200	20,000	SH		SOLE		20,000	0	0
S&W SEED CO	EQUITY	785135104	534,650	370,000	SH		SOLE		370,000	0	0
SANDY SPRING BANCORP INC	EQUITY	800363103	688,470	26,500	SH		SOLE		26,500	0	0
SILVERCREST ASSET MANAGEME-A	EQUITY	828359109	1,248,966	68,700	SH		SOLE		68,700	0	0
SINCLAIR BROADCAST GROUP -A	EQUITY	829226109	549,120	32,000	SH		SOLE		32,000	0	0
SKYLINE CHAMPION CORP	EQUITY	830830105	5,344,941	71,048	SH		SOLE		71,048	0	0
SOUTHERN FIRST BANCSHARES	EQUITY	842873101	2,302,807	75,010	SH		SOLE		75,010	0	0
SOUTHSTATE CORP	EQUITY	840441109	659,868	9,260	SH		SOLE		9,260	0	0
SOUTHWEST AIRLINES CO 1.250 05/01/25 CVT	BOND CONVERTIBLE	844741BG2	340,995	300,000	PRN		SOLE		300,000	0	0
SPORTSMAN'S WAREHOUSE HOLDIN	EQUITY	84920Y106	212,000	25,000	SH		SOLE		25,000	0	0
STANDARD MOTOR PRODS	EQUITY	853666105	1,476,400	40,000	SH		SOLE		40,000	0	0
STANDEX INTERNATIONAL CORP	EQUITY	854231107	1,738,648	14,200	SH		SOLE		14,200	0	0
STARRETT (L.S.) CO -CL A	EQUITY	855668109	757,350	67,500	SH		SOLE		67,500	0	0
STEEL PARTNERS HOLDINGS LP	EQUITY UNIT	85814R107	4,081,724	93,000	SH		SOLE		93,000	0	0
STELLAR BANCORP INC	EQUITY	858927106	1,587,345	64,500	SH		SOLE		64,500	0	0
STERIS PLC	EQUITY	G8473T100	248,664	1,300	SH		SOLE		1,300	0	0
STONERIDGE INC	EQUITY	86183P102	1,664,300	89,000	SH		SOLE		89,000	0	0
STRIDE INC 1.125 09/01/27 CVT	BOND CONVERTIBLE	86333MAA6	843,693	850,000	PRN		SOLE		850,000	0	0
SUMMIT HOTEL PROPERTIES 1.500 02/15/26 CVT	BOND CONVERTIBLE	866082AA8	330,430	385,000	PRN		SOLE		385,000	0	0
SURMODICS INC	EQUITY	868873100	1,056,992	46,400	SH		SOLE		46,400	0	0
TEAM INC	EQUITY	878155308	54,799	10,000	SH		SOLE		10,000	0	0
TEJON RANCH CO	EQUITY	879080109	1,790,460	98,000	SH		SOLE		98,000	0	0
TENNANT CO	EQUITY	880345103	1,552,205	22,650	SH		SOLE		22,650	0	0
TERRITORIAL BANCORP INC	EQUITY	88145X108	579,300	30,000	SH		SOLE		30,000	0	0
TITAN INTERNATIONAL INC	EQUITY	88830M102	214,840	20,500	SH		SOLE		20,500	0	0
TITAN MACHINERY INC	EQUITY	88830R101	2,192,400	72,000	SH		SOLE		72,000	0	0
TOWNSQUARE MEDIA INC - CL A	EQUITY	892231101	1,200,000	150,000	SH		SOLE		150,000	0	0
TRANSACT TECHNOLOGIES INC	EQUITY	892918103	201,175	32,500	SH		SOLE		32,500	0	0
TRAVELCENTERS OF AMERICA INC	EQUITY	89421B109	510,350	5,900	SH		SOLE		5,900	0	0
TREDEGAR CORP	EQUITY	894650100	2,136,420	234,000	SH		SOLE		234,000	0	0
TRINITY PLACE HOLDINGS INC	EQUITY	89656D101	168,000	350,000	SH		SOLE		350,000	0	0
TRUSTCO BANK CORP NY	EQUITY	898349204	319,719	10,010	SH		SOLE		10,010	0	0
TWIN DISC INC	EQUITY	901476101	1,105,480	116,000	SH		SOLE		116,000	0	0
TYLER TECHNOLOGIES INC	EQUITY	902252105	354,640	1,000	SH		SOLE		1,000	0	0
ULTRA CLEAN HOLDINGS INC	EQUITY	90385V107	2,775,492	83,700	SH		SOLE		83,700	0	0
ULTRALIFE CORP	EQUITY	903899102	574,860	143,000	SH		SOLE		143,000	0	0
UNITED BANKSHARES INC	EQUITY	909907107	299,200	8,500	SH		SOLE		8,500	0	0
UNITED GUARDIAN INC	EQUITY	910571108	654,343	69,611	SH		SOLE		69,611	0	0
UNIVERSAL TECHNICAL INSTITUT	EQUITY	913915104	701,100	95,000	SH		SOLE		95,000	0	0
VALLEY NATIONAL BANCORP	EQUITY	919794107	477,237	51,649	SH		SOLE		51,649	0	0
VALUE LINE INC	EQUITY	920437100	1,536,894	31,800	SH		SOLE		31,800	0	0
VERINT SYSTEMS INC 0.250 04/15/26 CVT	BOND CONVERTIBLE	92343XAC4	820,235	925,000	PRN		SOLE		925,000	0	0
VERITONE INC 1.750 11/15/26 CVT	BOND CONVERTIBLE	92347MAB6	745,177	1,056,000	PRN		SOLE		1,056,000	0	0
VIAD CORP	EQUITY	92552R406	1,125,360	54,000	SH		SOLE		54,000	0	0
VILLAGE SUPER MARKET-CLASS A	EQUITY	927107409	2,488,131	108,747	SH		SOLE		108,747	0	0
VISHAY PRECISION GROUP	EQUITY	92835K103	2,464,341	59,012	SH		SOLE		59,012	0	0
WABASH NATIONAL CORP	EQUITY	929566107	1,288,516	52,400	SH		SOLE		52,400	0	0
WASHINGTON TRUST BANCORP	EQUITY	940610108	1,402,066	40,452	SH		SOLE		40,452	0	0
WATERSTONE FINANCIAL INC	EQUITY	94188P101	1,082,098	71,520	SH		SOLE		71,520	0	0
WESTERN NEW ENGLAND BANCORP	EQUITY	958892101	694,402	84,580	SH		SOLE		84,580	0	0
WILLAMETTE VALLEY VINEYARDS	EQUITY	969136100	139,150	23,000	SH		SOLE		23,000	0	0
WILLDAN GROUP INC	EQUITY	96924N100	1,296,460	83,000	SH		SOLE		83,000	0	0
WILLIAMS INDUSTRIAL SERVICES	EQUITY	96951A104	11,433	11,100	SH		SOLE		11,100	0	0
WINNEBAGO INDUSTRIES	EQUITY	974637100	2,100,280	36,400	SH		SOLE		36,400	0	0
WOLFSPEED INC 0.250 02/15/28 CVT	BOND CONVERTIBLE	977852AB8	485,630	579,000	PRN		SOLE		579,000	0	0
WORLD WRESTLING ENTERTAIN-A	EQUITY	98156Q108	1,551,420	17,000	SH		SOLE		17,000	0	0
YORK WATER CO	EQUITY	987184108	1,714,692	38,360	SH		SOLE		38,360	0	0
ZSCALER INC. 0.125 07/01/25 CVT	BOND CONVERTIBLE	98980GAB8	712,260	675,000	PRN		SOLE		675,000	0	0