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	1,271,400	163,000	SH		SOLE		163,000	0	0
2U INC 2.250 05/01/25 CVT	BOND CONVERTIBLE	90214JAB7	734,371	1,100,000	PRN		SOLE		1,100,000	0	0
A10 NETWORKS INC	EQUITY	002121101	817,040	56,000	SH		SOLE		56,000	0	0
ACCURAY INC	EQUITY	004397105	251,550	65,000	SH		SOLE		65,000	0	0
ACME UNITED CORP	EQUITY	004816104	1,371,700	55,000	SH		SOLE		55,000	0	0
ADTHEORENT HOLDINGS CO INC	EQUITY	00739D109	42,000	30,000	SH		SOLE		30,000	0	0
AEROJET ROCKETDYNE HOLDINGS	EQUITY	007800105	7,928,715	144,500	SH		SOLE		144,500	0	0
AGILYSYS INC	EQUITY	00847J105	274,560	4,000	SH		SOLE		4,000	0	0
ALITHYA GROUP INC-CLASS A	EQUITY	01643B106	1,150,780	706,000	SH		SOLE		706,000	0	0
ALLIED MOTION TECHNOLOGIES	EQUITY	019330109	4,768,836	119,400	SH		SOLE		119,400	0	0
AMERICAN OUTDOOR BRANDS INC	EQUITY	02875D109	1,350,938	155,638	SH		SOLE		155,638	0	0
AMERICAN SOFTWARE INC-CL A	EQUITY	029683109	1,408,340	134,000	SH		SOLE		134,000	0	0
AMERICAN VANGUARD CORP	EQUITY	030371108	589,710	33,000	SH		SOLE		33,000	0	0
AMPCO-PITTSBURGH CORP	EQUITY	032037103	422,940	133,000	SH		SOLE		133,000	0	0
AMPCO-PITTSBURGH CORP WARRANTS 8/1/25	WARRANT	032037111	23,030	47,000	SH		SOLE		47,000	0	0
ANTERIX INC	EQUITY	03676C100	1,996,470	63,000	SH		SOLE		63,000	0	0
ARLO TECHNOLOGIES INC	EQUITY	04206A101	1,494,670	137,000	SH		SOLE		137,000	0	0
ARRAY TECHNOLOGIES INC 1.000 12/01/28 CVT	BOND CONVERTIBLE	04271TAB6	611,318	528,000	PRN		SOLE		528,000	0	0
ARTESIAN RESOURCES CORP-CL A	EQUITY	043113208	1,526,150	32,320	SH		SOLE		32,320	0	0
ASTEC INDUSTRIES INC	EQUITY	046224101	8,156,480	179,500	SH		SOLE		179,500	0	0
ASTRONICS CORP	EQUITY	046433108	4,528,080	228,000	SH		SOLE		228,000	0	0
ATLANTIC AMERICAN CORP	EQUITY	048209100	42,460	22,000	SH		SOLE		22,000	0	0
ATLANTIC UNION BANKSHARES CO	EQUITY	04911A107	1,074,096	41,391	SH		SOLE		41,391	0	0
AVID TECHNOLOGY INC	EQUITY	05367P100	561,000	22,000	SH		SOLE		22,000	0	0
AZZ INC	EQUITY	002474104	608,440	14,000	SH		SOLE		14,000	0	0
BADGER METER INC	EQUITY	056525108	1,003,408	6,800	SH		SOLE		6,800	0	0
BALLY'S CORP	EQUITY	05875B106	357,320	22,964	SH		SOLE		22,964	0	0
BANDWIDTH INC 0.250 03/01/26 CVT	BOND CONVERTIBLE	05988JAB9	549,213	700,000	PRN		SOLE		700,000	0	0
BANK7 CORP	EQUITY	06652N107	338,514	13,800	SH		SOLE		13,800	0	0
BASSETT FURNITURE INDS	EQUITY	070203104	416,608	27,700	SH		SOLE		27,700	0	0
BEASLEY BROADCAST GRP INC -A	EQUITY	074014101	311,100	305,000	SH		SOLE		305,000	0	0
BELLRING BRANDS INC	EQUITY	07831C103	549,000	15,000	SH		SOLE		15,000	0	0
BERKSHIRE HILLS BANCORP INC	EQUITY	084680107	200,252	9,660	SH		SOLE		9,660	0	0
BIG 5 SPORTING GOODS CORP	EQUITY	08915P101	146,560	16,000	SH		SOLE		16,000	0	0
BOYD GAMING CORP	EQUITY	103304101	1,321,568	19,051	SH		SOLE		19,051	0	0
CADENCE BANK	EQUITY	12740C103	299,314	15,240	SH		SOLE		15,240	0	0
CAESARS ENTERTAINMENT INC	EQUITY	12769G100	1,029,594	20,200	SH		SOLE		20,200	0	0
CALAVO GROWERS INC	EQUITY	128246105	1,392,960	48,000	SH		SOLE		48,000	0	0
CALIFORNIA WATER SERVICE GRP	EQUITY	130788102	1,218,468	23,600	SH		SOLE		23,600	0	0
CAPITAL CITY BANK GROUP INC	EQUITY	139674105	2,445,072	79,800	SH		SOLE		79,800	0	0
CARDLYTICS INC 1.000 09/15/25 CVT	BOND CONVERTIBLE	14161WAB1	443,539	780,000	PRN		SOLE		780,000	0	0
CASELLA WASTE SYSTEMS INC-A	EQUITY	147448104	3,021,030	33,400	SH		SOLE		33,400	0	0
CAVCO INDUSTRIES INC	EQUITY	149568107	4,761,300	16,140	SH		SOLE		16,140	0	0
CHART INDUSTRIES INC 1.000 11/15/24 CVT	BOND CONVERTIBLE	16115QAE0	416,355	150,000	PRN		SOLE		150,000	0	0
CHART INDUSTRIES INC 6.750 12/15/25 SR:B CVT	PREFERRED CONVER	16115Q407	455,980	7,000	SH		SOLE		7,000	0	0
CHASE CORP	EQUITY	16150R104	3,309,306	27,300	SH		SOLE		27,300	0	0
CHESAPEAKE UTILITIES CORP	EQUITY	165303108	833,000	7,000	SH		SOLE		7,000	0	0
CHURCHILL DOWNS INC	EQUITY	171484108	473,178	3,400	SH		SOLE		3,400	0	0
CIRCOR INTERNATIONAL INC	EQUITY	17273K109	2,258,000	40,000	SH		SOLE		40,000	0	0
CITIZENS & NORTHERN CORP	EQUITY	172922106	319,608	16,560	SH		SOLE		16,560	0	0
COHERUS BIOSCIENCES INC 1.500 04/15/26 CVT	BOND CONVERTIBLE	19249HAB9	310,060	505,000	PRN		SOLE		505,000	0	0
COLUMBUS MCKINNON CORP/NY	EQUITY	199333105	2,764,200	68,000	SH		SOLE		68,000	0	0
COMMERCIAL VEHICLE GROUP INC	EQUITY	202608105	3,108,000	280,000	SH		SOLE		280,000	0	0
COMTECH TELECOMMUNICATIONS	EQUITY	205826209	1,590,360	174,000	SH		SOLE		174,000	0	0
CONMED CORP 2.250 06/15/27 CVT	BOND CONVERTIBLE	207410AH4	394,926	350,000	PRN		SOLE		350,000	0	0
CONSOLIDATED WATER CO-ORD SH	EQUITY	G23773107	1,381,110	57,000	SH		SOLE		57,000	0	0
CORE MOLDING TECHNOLOGIES IN	EQUITY	218683100	3,396,575	149,300	SH		SOLE		149,300	0	0
CTS CORP	EQUITY	126501105	6,820,800	160,000	SH		SOLE		160,000	0	0
CUTERA INC	EQUITY	232109108	3,459,626	228,660	SH		SOLE		228,660	0	0
CUTERA INC 2.250 03/15/26 CVT	BOND CONVERTIBLE	232109AB4	254,055	300,000	PRN		SOLE		300,000	0	0
CUTERA INC 2.250 06/01/28 CVT	BOND CONVERTIBLE	232109AD0	156,460	250,000	PRN		SOLE		250,000	0	0
DAKTRONICS INC	EQUITY	234264109	352,000	55,000	SH		SOLE		55,000	0	0
DANA INC	EQUITY	235825205	807,500	47,500	SH		SOLE		47,500	0	0
DAWSON GEOPHYSICAL CO	EQUITY	239360100	48,720	24,000	SH		SOLE		24,000	0	0
DENNY'S CORP	EQUITY	24869P104	702,240	57,000	SH		SOLE		57,000	0	0
DHI GROUP INC	EQUITY	23331S100	172,350	45,000	SH		SOLE		45,000	0	0
DIGI INTERNATIONAL INC	EQUITY	253798102	393,900	10,000	SH		SOLE		10,000	0	0
DISH NETWORK CORP 0.000 12/15/25 CVT	BOND CONVERTIBLE	25470MAF6	371,770	700,000	PRN		SOLE		700,000	0	0
DISTRIBUTION SOLUTIONS GROUP	EQUITY	520776105	7,080,160	136,000	SH		SOLE		136,000	0	0
DUCOMMUN INC	EQUITY	264147109	7,691,848	176,540	SH		SOLE		176,540	0	0
EASTERN CO/THE	EQUITY	276317104	5,336,550	295,000	SH		SOLE		295,000	0	0
EDGIO INC 3.500 08/01/25 CVT	BOND CONVERTIBLE	53261MAB0	433,910	500,000	PRN		SOLE		500,000	0	0
ELECTROMED INC	EQUITY	285409108	376,371	35,142	SH		SOLE		35,142	0	0
ENERGY RECOVERY INC	EQUITY	29270J100	838,500	30,000	SH		SOLE		30,000	0	0
EW SCRIPPS CO NEW	EQUITY	811054402	3,109,170	339,800	SH		SOLE		339,800	0	0
EXELIXIS INC	EQUITY	30161Q104	1,156,155	60,500	SH		SOLE		60,500	0	0
FARMER BROS CO	EQUITY	307675108	1,894,680	684,000	SH		SOLE		684,000	0	0
FARMERS NATL BANC CORP	EQUITY	309627107	494,800	40,000	SH		SOLE		40,000	0	0
FEDERAL SIGNAL CORP	EQUITY	313855108	5,122,400	80,000	SH		SOLE		80,000	0	0
FIRST INTERNET BANCORP	EQUITY	320557101	362,934	24,440	SH		SOLE		24,440	0	0
FLUSHING FINANCIAL CORP	EQUITY	343873105	4,784,497	389,300	SH		SOLE		389,300	0	0
FNB CORP	EQUITY	302520101	846,560	74,000	SH		SOLE		74,000	0	0
FOSTER (LB) CO-A	EQUITY	350060109	2,305,920	161,479	SH		SOLE		161,479	0	0
FREQUENCY ELECTRONICS INC	EQUITY	358010106	69,510	10,500	SH		SOLE		10,500	0	0
FRP HOLDINGS INC	EQUITY	30292L107	1,122,615	19,500	SH		SOLE		19,500	0	0
FS BANCORP INC	EQUITY	30263Y104	965,728	32,116	SH		SOLE		32,116	0	0
FUBOTV INC 3.250 02/15/26 CVT	BOND CONVERTIBLE	35953DAB0	208,883	360,000	PRN		SOLE		360,000	0	0
GAMBLING.COM GROUP LTD	EQUITY	G3R239101	1,852,262	180,885	SH		SOLE		180,885	0	0
GAN LTD	EQUITY	G3728V109	45,920	28,000	SH		SOLE		28,000	0	0
GARRETT MOTION INC	EQUITY	366505105	378,500	50,000	SH		SOLE		50,000	0	0
GENCOR INDUSTRIES INC	EQUITY	368678108	7,378,688	473,600	SH		SOLE		473,600	0	0
GENIUS SPORTS LTD	EQUITY	G3934V109	123,800	20,000	SH		SOLE		20,000	0	0
GENTHERM INC	EQUITY	37253A103	688,857	12,190	SH		SOLE		12,190	0	0
GIBRALTAR INDUSTRIES INC	EQUITY	374689107	5,348,200	85,000	SH		SOLE		85,000	0	0
GLATFELTER CORP	EQUITY	377320106	30,200	10,000	SH		SOLE		10,000	0	0
GOLDEN ENTERTAINMENT INC	EQUITY	381013101	5,045,260	120,700	SH		SOLE		120,700	0	0
GORMAN-RUPP CO	EQUITY	383082104	2,479,380	86,000	SH		SOLE		86,000	0	0
GRAHAM CORP	EQUITY	384556106	1,713,120	129,000	SH		SOLE		129,000	0	0
GRAY TELEVISION INC	EQUITY	389375106	1,900,026	241,120	SH		SOLE		241,120	0	0
GRAY TELEVISION INC-A	EQUITY	389375205	787,194	86,600	SH		SOLE		86,600	0	0
GYRODYNE LLC	EQUITY	403829104	213,248	19,040	SH		SOLE		19,040	0	0
HANOVER BANCORP INC/NY	EQUITY	410710206	265,050	15,000	SH		SOLE		15,000	0	0
HAWKINS INC	EQUITY	420261109	3,342,115	70,080	SH		SOLE		70,080	0	0
HERC HOLDINGS INC	EQUITY	42704L104	684,250	5,000	SH		SOLE		5,000	0	0
HOMESTREET INC	EQUITY	43785V102	151,552	25,600	SH		SOLE		25,600	0	0
I3 VERTICALS INC-CLASS A	EQUITY	46571Y107	2,212,642	96,791	SH		SOLE		96,791	0	0
ICC HOLDINGS INC	EQUITY	44931Q104	269,193	17,000	SH		SOLE		17,000	0	0
ICF INTERNATIONAL INC	EQUITY	44925C103	2,149,459	17,280	SH		SOLE		17,280	0	0
IMAX CORP	EQUITY	45245E109	517,583	30,464	SH		SOLE		30,464	0	0
IMPINJ INC 1.125 05/15/27 CVT	BOND CONVERTIBLE	453204AD1	434,480	400,000	PRN		SOLE		400,000	0	0
INFINERA CORP 2.500 03/01/27 CVT	BOND CONVERTIBLE	45667GAE3	468,375	500,000	PRN		SOLE		500,000	0	0
INFUSYSTEM HOLDINGS INC	EQUITY	45685K102	1,926,000	200,000	SH		SOLE		200,000	0	0
INGLES MARKETS INC-CLASS A	EQUITY	457030104	330,600	4,000	SH		SOLE		4,000	0	0
INNOVATE CORP	EQUITY	45784J105	472,500	270,000	SH		SOLE		270,000	0	0
INNOVATIVE SOLUTIONS & SUPP	EQUITY	45769N105	756,457	105,503	SH		SOLE		105,503	0	0
INSPIRED ENTERTAINMENT INC	EQUITY	45782N108	3,754,301	255,221	SH		SOLE		255,221	0	0
INSULET CORPORATION 0.375 09/01/26 CVT	BOND CONVERTIBLE	45784PAK7	548,600	400,000	PRN		SOLE		400,000	0	0
INTEGER HOLDINGS CORP	EQUITY	45826H109	1,925,495	21,730	SH		SOLE		21,730	0	0
INTERDIGITAL INC 3.500 06/01/27 CVT	BOND CONVERTIBLE	45867GAD3	679,500	500,000	PRN		SOLE		500,000	0	0
INTEVAC INC	EQUITY	461148108	1,151,250	307,000	SH		SOLE		307,000	0	0
JOHN BEAN TECHNOLOGIES CORP	EQUITY	477839104	1,213,000	10,000	SH		SOLE		10,000	0	0
JOHNSON OUTDOORS INC-A	EQUITY	479167108	307,250	5,000	SH		SOLE		5,000	0	0
KAMAN CORP	EQUITY	483548103	2,031,555	83,500	SH		SOLE		83,500	0	0
KIMBALL ELECTRONICS INC	EQUITY	49428J109	978,102	35,400	SH		SOLE		35,400	0	0
KKR & CO INC	EQUITY	48251W104	3,388,000	60,500	SH		SOLE		60,500	0	0
LANDS' END INC	EQUITY	51509F105	248,320	32,000	SH		SOLE		32,000	0	0
LA-Z-BOY INC	EQUITY	505336107	572,800	20,000	SH		SOLE		20,000	0	0
LEE ENTERPRISES	EQUITY	523768406	313,727	23,500	SH		SOLE		23,500	0	0
LEGACY HOUSING CORP	EQUITY	52472M101	1,755,483	75,700	SH		SOLE		75,700	0	0
LEMAITRE VASCULAR INC	EQUITY	525558201	370,040	5,500	SH		SOLE		5,500	0	0
LENDINGTREE INC 0.500 07/15/25 CVT	BOND CONVERTIBLE	52603BAD9	385,935	500,000	PRN		SOLE		500,000	0	0
LIFETIME BRANDS INC	EQUITY	53222Q103	1,373,939	243,175	SH		SOLE		243,175	0	0
LIMONEIRA CO	EQUITY	532746104	3,034,200	195,000	SH		SOLE		195,000	0	0
MANITOWOC COMPANY INC	EQUITY	563571405	338,940	18,000	SH		SOLE		18,000	0	0
MARCUS CORPORATION	EQUITY	566330106	1,075,175	72,500	SH		SOLE		72,500	0	0
MARINE PRODUCTS CORP	EQUITY	568427108	6,197,736	367,600	SH		SOLE		367,600	0	0
MARINEMAX INC	EQUITY	567908108	478,240	14,000	SH		SOLE		14,000	0	0
MATERIALISE NV-ADR	DEPOSITORY RECEI	57667T100	86,400	10,000	SH		SOLE		10,000	0	0
MEDALLION FINANCIAL CORP	EQUITY	583928106	759,360	96,000	SH		SOLE		96,000	0	0
MESA LABORATORIES INC	EQUITY	59064R109	514,000	4,000	SH		SOLE		4,000	0	0
METHODE ELECTRONICS INC	EQUITY	591520200	274,529	8,190	SH		SOLE		8,190	0	0
MIDDLEBY CORP	EQUITY	596278101	2,368,237	16,020	SH		SOLE		16,020	0	0
MIDDLESEX WATER CO	EQUITY	596680108	419,432	5,200	SH		SOLE		5,200	0	0
MINERALS TECHNOLOGIES INC	EQUITY	603158106	204,569	3,546	SH		SOLE		3,546	0	0
MITEK SYSTEMS INC	EQUITY	606710200	1,485,080	137,000	SH		SOLE		137,000	0	0
MODINE MANUFACTURING CO	EQUITY	607828100	7,924,800	240,000	SH		SOLE		240,000	0	0
MOTORCAR PARTS OF AMERICA IN	EQUITY	620071100	139,320	18,000	SH		SOLE		18,000	0	0
MOVADO GROUP INC	EQUITY	624580106	710,995	26,500	SH		SOLE		26,500	0	0
MSA SAFETY INC	EQUITY	553498106	1,356,888	7,800	SH		SOLE		7,800	0	0
MYERS INDUSTRIES INC	EQUITY	628464109	12,898,994	663,870	SH		SOLE		663,870	0	0
MYR GROUP INC/DELAWARE	EQUITY	55405W104	2,227,274	16,100	SH		SOLE		16,100	0	0
NATHAN'S FAMOUS INC	EQUITY	632347100	16,689,750	212,500	SH		SOLE		212,500	0	0
NATURAL GROCERS BY VITAMIN C	EQUITY	63888U108	196,160	16,000	SH		SOLE		16,000	0	0
NAUTILUS INC	EQUITY	63910B102	12,200	10,000	SH		SOLE		10,000	0	0
NAVIGATOR HOLDINGS LTD	EQUITY	Y62132108	1,301,000	100,000	SH		SOLE		100,000	0	0
NCL CORPORATION LTD 1.125 02/15/27 CVT	BOND CONVERTIBLE	62886HBD2	205,294	223,000	PRN		SOLE		223,000	0	0
NEOGEN CORP	EQUITY	640491106	4,611,000	212,000	SH		SOLE		212,000	0	0
NEOGENOMICS INC	EQUITY	64049M209	972,235	60,500	SH		SOLE		60,500	0	0
NEURONETICS INC	EQUITY	64131A105	129,000	60,000	SH		SOLE		60,000	0	0
NEXTERA ENERGY INC 6.926 09/01/25 CVT	PREFERRED CONVER	65339F713	226,450	5,000	SH		SOLE		5,000	0	0
OCEANFIRST FINANCIAL CORP	EQUITY	675234108	167,321	10,712	SH		SOLE		10,712	0	0
OIL-DRI CORP OF AMERICA	EQUITY	677864100	902,547	15,300	SH		SOLE		15,300	0	0
OOMA INC	EQUITY	683416101	374,250	25,000	SH		SOLE		25,000	0	0
OPENLANE INC	EQUITY	48238T109	496,111	32,596	SH		SOLE		32,596	0	0
OPKO HEALTH INC	EQUITY	68375N103	412,300	190,000	SH		SOLE		190,000	0	0
OPTION CARE HEALTH INC	EQUITY	68404L201	682,290	21,000	SH		SOLE		21,000	0	0
ORTHOFIX MEDICAL INC	EQUITY	68752M108	1,056,510	58,500	SH		SOLE		58,500	0	0
OTONOMO TECHNOLOGIES LTD	EQUITY	M7571L103	18,000	45,000	SH		SOLE		45,000	0	0
PACIFIC PREMIER BANCORP INC	EQUITY	69478X105	206,800	10,000	SH		SOLE		10,000	0	0
PARATEK PHARMACEUTICALS INC	EQUITY	699374302	55,250	25,000	SH		SOLE		25,000	0	0
PARK AEROSPACE CORP	EQUITY	70014A104	836,280	60,600	SH		SOLE		60,600	0	0
PARK-OHIO HOLDINGS CORP	EQUITY	700666100	3,657,500	192,500	SH		SOLE		192,500	0	0
PERFICIENT INC 0.125 11/15/26 CVT	BOND CONVERTIBLE	71375UAF8	831,750	1,000,000	PRN		SOLE		1,000,000	0	0
PETIQ INC 4.000 06/01/26 CVT	BOND CONVERTIBLE	71639TAB2	588,934	640,000	PRN		SOLE		640,000	0	0
PFSWEB INC	EQUITY	717098206	935,640	207,000	SH		SOLE		207,000	0	0
PITNEY BOWES INC	EQUITY	724479100	177,000	50,000	SH		SOLE		50,000	0	0
PLAYAGS INC	EQUITY	72814N104	1,339,050	237,000	SH		SOLE		237,000	0	0
PLAYSTUDIOS INC	EQUITY	72815G108	147,300	30,000	SH		SOLE		30,000	0	0
PREFORMED LINE PRODUCTS CO	EQUITY	740444104	437,080	2,800	SH		SOLE		2,800	0	0
PRIMIS FINANCIAL CORP	EQUITY	74167B109	269,440	32,000	SH		SOLE		32,000	0	0
PRIMO WATER CORP	EQUITY	74167P108	188,100	15,000	SH		SOLE		15,000	0	0
PROGRESS SOFTWARE CORP 1.000 04/15/26 CVT	BOND CONVERTIBLE	743312AB6	839,701	760,000	PRN		SOLE		760,000	0	0
QUIDELORTHO CORP	EQUITY	219798105	207,150	2,500	SH		SOLE		2,500	0	0
READING INTERNATIONAL INC-A	EQUITY	755408101	750,663	283,269	SH		SOLE		283,269	0	0
READING INTERNATIONAL INC-B	EQUITY	755408200	1,714,920	74,400	SH		SOLE		74,400	0	0
REDWOOD TRUST INC 7.750 06/15/27 CVT	BOND CONVERTIBLE	758075AF2	212,100	250,000	PRN		SOLE		250,000	0	0
RENASANT CORP	EQUITY	75970E107	797,749	30,530	SH		SOLE		30,530	0	0
RGC RESOURCES INC	EQUITY	74955L103	1,682,720	84,010	SH		SOLE		84,010	0	0
RPC INC	EQUITY	749660106	429,000	60,000	SH		SOLE		60,000	0	0
RUSH ENTERPRISES INC - CL B	EQUITY	781846308	5,335,904	78,400	SH		SOLE		78,400	0	0
RUSH ENTERPRISES INC-CL A	EQUITY	781846209	2,177,043	35,842	SH		SOLE		35,842	0	0
RUSH STREET INTERACTIVE INC	EQUITY	782011100	62,400	20,000	SH		SOLE		20,000	0	0
S&W SEED CO	EQUITY	785135104	451,400	370,000	SH		SOLE		370,000	0	0
SANDY SPRING BANCORP INC	EQUITY	800363103	759,780	33,500	SH		SOLE		33,500	0	0
SILVERCREST ASSET MANAGEME-A	EQUITY	828359109	1,377,000	68,000	SH		SOLE		68,000	0	0
SINCLAIR INC	EQUITY	829242106	442,240	32,000	SH		SOLE		32,000	0	0
SKYLINE CHAMPION CORP	EQUITY	830830105	4,144,294	63,320	SH		SOLE		63,320	0	0
SKYWATER TECHNOLOGY INC	EQUITY	83089J108	507,992	53,927	SH		SOLE		53,927	0	0
SOUTHERN FIRST BANCSHARES	EQUITY	842873101	1,856,498	75,010	SH		SOLE		75,010	0	0
SOUTHSTATE CORP	EQUITY	840441109	612,137	9,303	SH		SOLE		9,303	0	0
SOUTHWEST AIRLINES CO 1.250 05/01/25 CVT	BOND CONVERTIBLE	844741BG2	346,404	300,000	PRN		SOLE		300,000	0	0
SPORTSMAN'S WAREHOUSE HOLDIN	EQUITY	84920Y106	285,000	50,000	SH		SOLE		50,000	0	0
STANDARD MOTOR PRODS	EQUITY	853666105	1,500,800	40,000	SH		SOLE		40,000	0	0
STANDEX INTERNATIONAL CORP	EQUITY	854231107	1,980,580	14,000	SH		SOLE		14,000	0	0
STARRETT (L.S.) CO -CL A	EQUITY	855668109	705,375	67,500	SH		SOLE		67,500	0	0
STEEL PARTNERS HOLDINGS LP	EQUITY UNIT	85814R107	450,395	9,482	SH		SOLE		9,482	0	0
STELLAR BANCORP INC	EQUITY	858927106	1,476,405	64,500	SH		SOLE		64,500	0	0
STERIS PLC	EQUITY	G8473T100	292,474	1,300	SH		SOLE		1,300	0	0
STONERIDGE INC	EQUITY	86183P102	1,677,650	89,000	SH		SOLE		89,000	0	0
STRIDE INC 1.125 09/01/27 CVT	BOND CONVERTIBLE	86333MAA6	577,302	600,000	PRN		SOLE		600,000	0	0
SUMMIT HOTEL PROPERTIES 1.500 02/15/26 CVT	BOND CONVERTIBLE	866082AA8	328,417	385,000	PRN		SOLE		385,000	0	0
SURMODICS INC	EQUITY	868873100	1,452,784	46,400	SH		SOLE		46,400	0	0
TEAM INC	EQUITY	878155308	83,000	10,000	SH		SOLE		10,000	0	0
TEJON RANCH CO	EQUITY	879080109	1,686,580	98,000	SH		SOLE		98,000	0	0
TENNANT CO	EQUITY	880345103	1,837,142	22,650	SH		SOLE		22,650	0	0
TERRITORIAL BANCORP INC	EQUITY	88145X108	368,400	30,000	SH		SOLE		30,000	0	0
TITAN INTERNATIONAL INC	EQUITY	88830M102	235,340	20,500	SH		SOLE		20,500	0	0
TITAN MACHINERY INC	EQUITY	88830R101	2,124,000	72,000	SH		SOLE		72,000	0	0
TOWNSQUARE MEDIA INC - CL A	EQUITY	892231101	1,786,500	150,000	SH		SOLE		150,000	0	0
TRANSACT TECHNOLOGIES INC	EQUITY	892918103	291,200	32,500	SH		SOLE		32,500	0	0
TREDEGAR CORP	EQUITY	894650100	1,567,450	235,000	SH		SOLE		235,000	0	0
TRINITY PLACE HOLDINGS INC	EQUITY	89656D101	183,600	340,000	SH		SOLE		340,000	0	0
TRUSTCO BANK CORP NY	EQUITY	898349204	286,386	10,010	SH		SOLE		10,010	0	0
TWIN DISC INC	EQUITY	901476101	1,315,168	116,800	SH		SOLE		116,800	0	0
TYLER TECHNOLOGIES INC	EQUITY	902252105	416,470	1,000	SH		SOLE		1,000	0	0
ULTRA CLEAN HOLDINGS INC	EQUITY	90385V107	3,219,102	83,700	SH		SOLE		83,700	0	0
ULTRALIFE CORP	EQUITY	903899102	638,880	132,000	SH		SOLE		132,000	0	0
UNITED BANKSHARES INC	EQUITY	909907107	252,195	8,500	SH		SOLE		8,500	0	0
UNITED GUARDIAN INC	EQUITY	910571108	575,217	69,611	SH		SOLE		69,611	0	0
UNIVERSAL TECHNICAL INSTITUT	EQUITY	913915104	656,450	95,000	SH		SOLE		95,000	0	0
VALLEY NATIONAL BANCORP	EQUITY	919794107	351,532	45,359	SH		SOLE		45,359	0	0
VALUE LINE INC	EQUITY	920437100	1,459,620	31,800	SH		SOLE		31,800	0	0
VERINT SYSTEMS INC 0.250 04/15/26 CVT	BOND CONVERTIBLE	92343XAC4	817,006	925,000	PRN		SOLE		925,000	0	0
VERITONE INC 1.750 11/15/26 CVT	BOND CONVERTIBLE	92347MAB6	694,394	1,056,000	PRN		SOLE		1,056,000	0	0
VIAD CORP	EQUITY	92552R406	1,451,520	54,000	SH		SOLE		54,000	0	0
VILLAGE SUPER MARKET-CLASS A	EQUITY	927107409	2,435,967	106,747	SH		SOLE		106,747	0	0
VISHAY PRECISION GROUP	EQUITY	92835K103	2,006,546	54,012	SH		SOLE		54,012	0	0
WABASH NATIONAL CORP	EQUITY	929566107	1,343,536	52,400	SH		SOLE		52,400	0	0
WASHINGTON TRUST BANCORP	EQUITY	940610108	1,085,322	40,482	SH		SOLE		40,482	0	0
WATERSTONE FINANCIAL INC	EQUITY	94188P101	1,036,325	71,520	SH		SOLE		71,520	0	0
WESTERN NEW ENGLAND BANCORP	EQUITY	958892101	493,947	84,580	SH		SOLE		84,580	0	0
WILLAMETTE VALLEY VINEYARDS	EQUITY	969136100	131,100	23,000	SH		SOLE		23,000	0	0
WILLDAN GROUP INC	EQUITY	96924N100	1,494,480	78,000	SH		SOLE		78,000	0	0
WILLIAMS INDUSTRIAL SERVICES	EQUITY	96951A104	4,218	11,100	SH		SOLE		11,100	0	0
WINNEBAGO INDUSTRIES	EQUITY	974637100	2,427,516	36,400	SH		SOLE		36,400	0	0
WORLD WRESTLING ENTERTAIN-A	EQUITY	98156Q108	1,843,990	17,000	SH		SOLE		17,000	0	0
YORK WATER CO	EQUITY	987184108	1,583,117	38,360	SH		SOLE		38,360	0	0