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	6,574	523,846	SH		SOLE		523,846	0	0
A H BELO CORP COM CL A	COM	001282102	517	110,001	SH		SOLE		110,001	0	0
AARON'S INC	COM	002535300	2,086	48,000	SH		SOLE		48,000	0	0
ABM INDS INC COM	COM	000957100	426	14,600	SH		SOLE		0	0	14,600
ACCESS NATL CORP COM	COM	004337101	838	29,311	SH		SOLE		29,311	0	0
ACCURAY INC COM	COM	004397105	135	32,960	SH		SOLE		32,960	0	0
ACHAOGEN INC COM	COM	004449104	1,212	140,000	SH		SOLE		140,000	0	0
ACHILLION PHARMACEUTICALS INCO	COM	00448Q201	28	10,000	SH		SOLE		10,000	0	0
ACME UTD CORP COM	COM	004816104	2,639	127,200	SH		SOLE		127,200	0	0
AEROJET ROCKETDYDTD 12/14/1 2.	CORPORATE BONDS	007800AB1	323	250,000	PRN		SOLE		250,000	0	0
AEROJET ROCKETDYNE HOLDINGS	COM	007800105	32,996	1,118,900	SH		SOLE		1,118,900	0	0
AIZ 6 1/2 3/15/21	CONVERTIBLE PREF	04621X207	266	2,538	SH		SOLE		2,538	0	0
ALLEGIANCE BANCSHARES INC COM	COM	01748H107	3,087	71,200	SH		SOLE		71,200	0	0
AMERICAN AIRLINES GROUP INC	COM	02376R102	1,708	45,000	SH		SOLE		45,000	0	0
AMERICAN EAGLE OUTFITTERS INCO	COM	02553E106	528	22,700	SH		SOLE		3,050	0	19,650
AMERICAN RAILCAR INDS INC COM	COM	02916P103	367	9,292	SH		SOLE		9,292	0	0
AMERICAN SOFTWARE INC CL A	COM	029683109	2,927	200,913	SH		SOLE		200,913	0	0
AMPCO PITTSBURGH CORP	COM	032037103	5,330	520,000	SH		SOLE		520,000	0	0
AMTECH SYS INC COM PAR $0.01N	COM	032332504	103	17,000	SH		SOLE		17,000	0	0
ANCHOR BANK CORP	COM	032838104	1,292	49,400	SH		SOLE		49,400	0	0
ANGIODYNAMICS INC COM	COM	03475V101	1,136	51,066	SH		SOLE		30,350	0	20,716
ANIKA THERAPEUTICS INC COM	COM	035255108	544	17,000	SH		SOLE		17,000	0	0
AQUAVENTURE HLDGS LTD SHS	COM	G0443N107	195	12,500	SH		SOLE		12,500	0	0
ARC DOCUMENT SOLUTIONS INC COM	COM	00191G103	89	50,000	SH		SOLE		50,000	0	0
ARMSTRONG FLOORING INC COM	COM	04238R106	3,614	257,400	SH		SOLE		257,400	0	0
ARTESIAN RES CORP COM CL A	COM	043113208	951	24,526	SH		SOLE		24,526	0	0
ASCENT CAPITAL GROUP INC	COM	043632108	112	40,000	SH		SOLE		40,000	0	0
ASTEC INDS INC COM	COM	046224101	18,155	303,600	SH		SOLE		303,600	0	0
ASTRONICS CORP COM	COM	046433108	486	13,500	SH		SOLE		13,500	0	0
ATLANTIC AMERN CORP COM	COM	048209100	54	20,000	SH		SOLE		20,000	0	0
ATLANTIC CAP BANCSHARES INC CO	COM	048269203	5,036	256,308	SH		SOLE		238,108	0	18,200
ATLAS AIR WORLDWIDE HLDGS 2.25	CONVERTIBLE BOND	049164BH8	307	250,000	PRN		SOLE		250,000	0	0
ATN INTERNATIONAL INC	COM	00215F107	2,681	50,800	SH		SOLE		50,800	0	0
AVID TECHNOLOGY INC	COM	05367P100	919	176,742	SH		SOLE		176,742	0	0
AZZ INC COM	COM	002474104	869	20,000	SH		SOLE		20,000	0	0
BADGER METER INC COM	COM	056525108	1,252	28,000	SH		SOLE		28,000	0	0
BANK OF AMERICA CV PFD L 7.250	CONVERTIBLE PREF	060505682	250	200	SH		SOLE		200	0	0
BANKUNITED INC COM	COM	06652K103	1,049	25,670	SH		SOLE		13,570	0	12,100
BARNES GROUP INC COM	COM	067806109	250	4,250	SH		SOLE		4,250	0	0
BASSETT FURNITURE INDS	COM	070203104	6,845	248,470	SH		SOLE		248,470	0	0
BDX 6 1/8 5/1/20	CONVERTIBLE PREF	075887208	340	5,494	SH		SOLE		5,494	0	0
BEASLEY BROADCAST GRP INC.	COM	074014101	8,064	720,000	SH		SOLE		720,000	0	0
BENEFICIAL BANCORP INC	COM	08171T102	676	41,698	SH		SOLE		22,598	0	19,100
BERKSHIRE HILLS BANCORP INC CO	COM	084680107	578	14,246	SH		SOLE		14,246	0	0
BERRY PLASTICS GROUP INC COM	COM	08579W103	4,553	99,111	SH		SOLE		99,111	0	0
BIG 5 SPORTING GOODS CORP COM	COM	08915P101	1,026	135,000	SH		SOLE		135,000	0	0
BIGLARI HOLDINGS INC	COM	08986R309	2,419	13,183	SH		SOLE		13,183	0	0
BIGLARI HOLDINGS INC-A	COM	08986R408	1,822	1,918	SH		SOLE		1,918	0	0
BIOLASE INC	COM	090911207	36	30,000	SH		SOLE		30,000	0	0
BIOSCRIP INC	COM	09069N108	1,582	540,000	SH		SOLE		540,000	0	0
BIOTELEMETRY INC COM	COM	090672106	6,075	135,000	SH		SOLE		135,000	0	0
BLUE APRON HLDGS INC CL A	COM	09523Q101	377	112,600	SH		SOLE		112,600	0	0
BOSTON BEER INC CL A	COM	100557107	2,547	8,500	SH		SOLE		8,500	0	0
BOTTOMLINE TECH DEL INC COM	COM	101388106	1,714	34,400	SH		SOLE		16,100	0	18,300
BOYD GAMING CORP	COM	103304101	2,489	71,800	SH		SOLE		71,800	0	0
BRINKS CO COM	COM	109696104	423	5,300	SH		SOLE		0	0	5,300
BROWN & BROWN INC COM	COM	115236101	903	32,568	SH		SOLE		14,100	0	18,468
BRS 4 1/2 6/1/23	CONVERTIBLE BOND	110394AF0	410	359,000	PRN		SOLE		359,000	0	0
CABOT MICROELECTRONICS	COM	12709P103	613	5,700	SH		SOLE		2,200	0	3,500
CADIZ INC	COM	127537207	592	45,174	SH		SOLE		45,174	0	0
CALAVO GROWERS INC COM	COM	128246105	5,577	58,000	SH		SOLE		58,000	0	0
CALIFORNIA WTR SVC GROUP COM	COM	130788102	966	24,800	SH		SOLE		24,800	0	0
CALLAWAY GOLF CO COM	COM	131193104	1,828	96,387	SH		SOLE		96,387	0	0
CALLON PETE CO DEL COM	COM	13123X102	2,630	244,844	SH		SOLE		244,844	0	0
CAMBIUM LEARNING GRP INC COM	COM	13201A107	112	10,000	SH		SOLE		10,000	0	0
CANTEL MEDICAL CORP COM	COM	138098108	4,574	46,500	SH		SOLE		46,500	0	0
CANTERBURY PK HLDG CORP	COM	13811E101	2,457	164,100	SH		SOLE		164,100	0	0
CAPITAL CITY BK GROUP INC COM	COM	139674105	2,268	95,976	SH		SOLE		95,976	0	0
CAPSTONE TURBINE CORP	COM	14067D409	21	15,001	SH		SOLE		15,001	0	0
CARBONITE INC	COM	141337105	2,781	79,687	SH		SOLE		79,687	0	0
CARDIOVASCULAR SYS INC DEL COM	COM	141619106	3,593	111,100	SH		SOLE		111,100	0	0
CAREDX INC	COM	14167L103	171	14,000	SH		SOLE		14,000	0	0
CAROLINA FINL CORP NEW COM	COM	143873107	279	6,500	SH		SOLE		6,500	0	0
CARPENTER TECHNOLOGY CORP COM	COM	144285103	610	11,600	SH		SOLE		0	0	11,600
CASELLA WASTE SYS INC CL A	COM	147448104	15,362	599,828	SH		SOLE		599,828	0	0
CAVCO INDUSTRIES	COM	149568107	11,628	56,000	SH		SOLE		56,000	0	0
CCI 6 7/8 8/1/20	CONVERTIBLE PREF	22822V309	435	404	SH		SOLE		404	0	0
CENTENNIAL RESOURCE DEV INC CL	COM	15136A102	867	47,994	SH		SOLE		21,394	0	26,600
CHART INDS INC	COM	16115Q308	3,701	60,000	SH		SOLE		60,000	0	0
CHASE CORP	COM	16150R104	10,896	92,933	SH		SOLE		92,933	0	0
CHEESECAKE FACTORY INC	COM	163072101	2,753	50,000	SH		SOLE		50,000	0	0
CHENIERE ENERGY, INC. 4.250 0	CONVERTIBLE BOND	16411RAG4	317	400,000	PRN		SOLE		400,000	0	0
CHESAPEAKE UTILS CORP COM	COM	165303108	2,618	32,750	SH		SOLE		32,750	0	0
CHURCHILL DOWNS INC COM	COM	171484108	7,128	24,040	SH		SOLE		24,040	0	0
CINCINNATI BELL INC NEW COM NE	COM	171871502	4,710	300,000	SH		SOLE		300,000	0	0
CIRCOR INTL INC COM	COM	17273K109	7,155	193,600	SH		SOLE		182,200	0	11,400
CITIZENS & NORTHN CORP COM	COM	172922106	471	18,200	SH		SOLE		18,200	0	0
COBIZ FINANCIAL INC COM	COM	190897108	3,090	143,839	SH		SOLE		128,239	0	15,600
COHEN & STEERS INC COM	COM	19247A100	4,546	109,000	SH		SOLE		109,000	0	0
COLLEGIUM PHARMACEUTICAL INCCO	COM	19459J104	763	32,000	SH		SOLE		32,000	0	0
COLUMBIA BKG SYS INC COM	COM	197236102	327	8,001	SH		SOLE		2,700	0	5,301
COLUMBUS MCKINNON CORP N Y COM	COM	199333105	5,449	125,660	SH		SOLE		125,660	0	0
COMSCORE INC	COM	20564W105	4,142	190,000	SH		SOLE		190,000	0	0
CONNECTICUT WTR SVC INC COM	COM	207797101	261	4,000	SH		SOLE		4,000	0	0
CONSOLIDATED COMM HLDGS INC CO	COM	209034107	471	38,111	SH		SOLE		38,111	0	0
CONSOLIDATED WATER CO LTD ORD	COM	G23773107	851	66,000	SH		SOLE		66,000	0	0
CONVERGYS CORP COM	COM	212485106	927	37,920	SH		SOLE		17,620	0	20,300
CORE MOLDING TECH COM	COM	218683100	4,405	308,500	SH		SOLE		308,500	0	0
COTT CORP COM	COM	22163N106	1,821	110,000	SH		SOLE		110,000	0	0
CROWN HOLDINGS INC COM	COM	228368106	246	5,500	SH		SOLE		5,500	0	0
CSGS 4 1/4 3/15/36	CONVERTIBLE BOND	126349AF6	369	350,000	PRN		SOLE		350,000	0	0
CTS CORP	COM	126501105	12,366	343,500	SH		SOLE		343,500	0	0
CUTERA INC COM	COM	232109108	14,218	352,796	SH		SOLE		352,796	0	0
CY 4 1/2 1/15/22	CONVERTIBLE BOND	232806AM1	332	250,000	PRN		SOLE		250,000	0	0
CYPRESS SEMICONDUCTOR CORP COM	COM	232806109	1,220	78,300	SH		SOLE		26,300	0	52,000
C&J ENERGY SVCS INC NEW COM	COM	12674R100	966	40,916	SH		SOLE		23,116	0	17,800
DAKTRONICS INC COM	COM	234264109	596	70,000	SH		SOLE		70,000	0	0
DANA HOLDING CORP COM	COM	235825205	2,120	105,000	SH		SOLE		105,000	0	0
DARLING INTL INC COM	COM	237266101	1,431	72,000	SH		SOLE		35,200	0	36,800
DATAWATCH CORP COM NEW	COM	237917208	219	23,000	SH		SOLE		23,000	0	0
DAWSON GEOPHYSICAL CO NEW COM	COM	239360100	202	25,620	SH		SOLE		25,620	0	0
DENNYS CORP COM	COM	24869P104	954	59,900	SH		SOLE		59,900	0	0
DESTINATION XL GROUP INC	COM	25065K104	23	10,000	SH		SOLE		10,000	0	0
DHI GROUP INC COM	COM	23331S100	106	45,000	SH		SOLE		45,000	0	0
DICKS SPORTING GOODS INC COM	COM	253393102	516	14,627	SH		SOLE		627	0	14,000
DIEBOLD NIXDORF	COM	253651103	1,415	118,383	SH		SOLE		45,083	0	73,300
DIGI INTL INC COM	COM	253798102	1,119	84,801	SH		SOLE		84,801	0	0
DIME CMNTY BANCORP INC COM	COM	253922108	698	35,800	SH		SOLE		35,800	0	0
DISH 3 3/8 8/15/26	CONVERTIBLE BOND	25470MAB5	387	400,000	PRN		SOLE		400,000	0	0
DOUGLAS DYNAMICS INC COM	COM	25960R105	480	10,000	SH		SOLE		10,000	0	0
DOVER DOWNS GAMING & ENTMT INC	COM	260095104	484	272,000	SH		SOLE		272,000	0	0
DTE 6 1/2 10/1/19	CONVERTIBLE PREF	233331883	257	5,000	SH		SOLE		5,000	0	0
DUCOMMUN INC DEL COM	COM	264147109	4,086	123,485	SH		SOLE		123,485	0	0
DUN & BRADSTREET CORP	COM	26483E100	574	4,679	SH		SOLE		1,879	0	2,800
DXP ENTERPRISES INC NEW COM NE	COM	233377407	466	12,200	SH		SOLE		12,200	0	0
EASTERN CO COM	COM	276317104	9,961	355,131	SH		SOLE		355,131	0	0
EDGEWATER TECHNOLOGY INC COM	COM	280358102	3,824	705,520	SH		SOLE		705,520	0	0
ELDORADO RESORTS INC COM	COM	28470R102	3,030	77,500	SH		SOLE		77,500	0	0
ELECTRO SCIENTIFIC INDS INC CO	COM	285229100	1,268	80,389	SH		SOLE		80,389	0	0
ELECTROMED INC COM	COM	285409108	605	111,616	SH		SOLE		111,616	0	0
EMCOR GROUP INC COM	COM	29084Q100	952	12,500	SH		SOLE		5,700	0	6,800
ENERGY RECOVERY INC	COM	29270J100	549	68,000	SH		SOLE		68,000	0	0
ENTEGRIS INC COM	COM	29362U104	7,990	235,700	SH		SOLE		203,400	0	32,300
ENTERCOM COMMUNICATIONS CORPCL	COM	293639100	594	78,700	SH		SOLE		78,700	0	0
ENTRAVISION COMM CORP CL A	COM	29382R107	4,089	817,763	SH		SOLE		817,763	0	0
EQUITY COMWLTH COM SH BEN INT	COM	294628102	284	9,000	SH		SOLE		5,100	0	3,900
ESTERLINE TECHNOLOGIES CORP CO	COM	297425100	327	4,425	SH		SOLE		1,425	0	3,000
ETHAN ALLEN INTERIORS INC COM	COM	297602104	2,173	88,674	SH		SOLE		51,974	0	36,700
EVERI HLDGS INC COM	COM	30034T103	108	15,000	SH		SOLE		15,000	0	0
EVINE LIVE INC	COM	300487105	339	275,800	SH		SOLE		275,800	0	0
EXAS 1.000 01/15/25	CONVERTIBLE BOND	30063PAA3	211	200,000	PRN		SOLE		200,000	0	0
EXELIXIS INC COM	COM	30161Q104	3,874	180,000	SH		SOLE		180,000	0	0
EXTREME NETWORKS INC COM	COM	30226D106	2,988	375,400	SH		SOLE		311,000	0	64,400
F N B CORP PA COM	COM	302520101	1,015	75,600	SH		SOLE		75,600	0	0
FABRINET SHS	COM	G3323L100	516	14,000	SH		SOLE		7,200	0	6,800
FARMER BROS CO	COM	307675108	7,312	239,354	SH		SOLE		239,354	0	0
FARMERS NATL BANC CORP COM	COM	309627107	638	40,000	SH		SOLE		40,000	0	0
FARO TECHNOLOGIES INC COM	COM	311642102	598	11,000	SH		SOLE		4,500	0	6,500
FEDERAL SIGNAL CORP COM	COM	313855108	16,629	714,000	SH		SOLE		714,000	0	0
FERRO CORP	COM	315405100	23,894	1,145,985	SH		SOLE		1,128,585	0	17,400
FIDELITY SOUTHERN CORP	COM	316394105	331	13,018	SH		SOLE		13,018	0	0
FINISAR CORP COM NEW	COM	31787A507	446	24,800	SH		SOLE		11,600	0	13,200
FIRST CONN BANCORP INC MD COM	COM	319850103	625	20,430	SH		SOLE		20,430	0	0
FIRST FNDTN INC COM	COM	32026V104	189	10,200	SH		SOLE		10,200	0	0
FIRST INTERNET BANCORP COM	COM	320557101	1,091	32,000	SH		SOLE		32,000	0	0
FLUSHING FINL CORP COM	COM	343873105	16,296	624,372	SH		SOLE		624,372	0	0
FORMFACTOR INC COM	COM	346375108	6,536	491,434	SH		SOLE		459,598	0	31,836
FOSTER L B CO COM	COM	350060109	1,790	78,000	SH		SOLE		78,000	0	0
FREQUENCY ELECTRS INC COM	COM	358010106	168	20,808	SH		SOLE		20,808	0	0
FRP HLDGS INC COM	COM	30292L107	1,625	25,100	SH		SOLE		25,100	0	0
FTI CONSULTING INC COM	COM	302941109	1,988	32,868	SH		SOLE		10,750	0	22,118
FULL HOUSE RESORTS INC COM	COM	359678109	3,561	1,069,296	SH		SOLE		1,069,296	0	0
GENCOR INDS INC COM	COM	368678108	9,101	563,500	SH		SOLE		563,500	0	0
GENESIS HEALTHCARE INC CL A CO	COM	37185X106	115	50,000	SH		SOLE		50,000	0	0
GENIUS BRANDS INTERN	COM	37229T301	48	20,000	SH		SOLE		20,000	0	0
GENTHERM INC COM	COM	37253A103	527	13,400	SH		SOLE		13,400	0	0
GIBRALTER INDUSTRIES INC	COM	374689107	5,438	145,000	SH		SOLE		145,000	0	0
GLACIER BANCORP INC NEW COM	COM	37637Q105	982	25,400	SH		SOLE		7,900	0	17,500
GNC HLDGS INC COM CL A	COM	36191G107	88	25,000	SH		SOLE		25,000	0	0
GOGO INC COM	COM	38046C109	292	60,000	SH		SOLE		60,000	0	0
GOLDEN ENTERTAINMENT INC	COM	381013101	13,746	509,297	SH		SOLE		509,297	0	0
GORMAN RUPP CO	COM	383082104	4,781	136,600	SH		SOLE		136,600	0	0
GP STRATEGIES CORP COM	COM	36225V104	2,134	121,271	SH		SOLE		121,271	0	0
GRAHAM CORP COM	COM	384556106	893	34,600	SH		SOLE		34,600	0	0
GRANITE CONSTR INC COM	COM	387328107	3,156	56,700	SH		SOLE		56,700	0	0
GRAY TELEVISION, INC	COM	389375106	3,942	249,500	SH		SOLE		249,500	0	0
GRAY TELEVISION, INC CL A	COM	389375205	1,229	84,084	SH		SOLE		84,084	0	0
GREENBRIER COS INC	COM	393657101	1,794	34,000	SH		SOLE		34,000	0	0
GRIFFIN INDUSTRIAL REALTY IN	COM	398231100	11,217	255,000	SH		SOLE		255,000	0	0
GRIFFON CORP COM	COM	398433102	7,807	438,579	SH		SOLE		438,579	0	0
GSE SYS INC COM	COM	36227K106	65	20,000	SH		SOLE		20,000	0	0
GULFPORT ENERGY CORP COM NEW	COM	402635304	502	39,900	SH		SOLE		0	0	39,900
GYRODYNE LLC COM	COM	403829104	262	12,638	SH		SOLE		12,638	0	0
HABIT RESTAURANTS INC COM CL A	COM	40449J103	109	10,900	SH		SOLE		10,900	0	0
HAIN CELESTIAL GROUP INC	COM	405217100	2,252	75,586	SH		SOLE		75,586	0	0
HALLMARK FINL SVCS INC ECCOM N	COM	40624Q203	1,835	183,860	SH		SOLE		183,860	0	0
HANCOCK HOLDING CO	COM	410120109	676	14,500	SH		SOLE		14,500	0	0
HANESBRANDS INC COM	COM	410345102	556	25,262	SH		SOLE		11,762	0	13,500
HAVERTY FURNITURE INC COM	COM	419596101	259	12,000	SH		SOLE		0	0	12,000
HAWKINS INC COM	COM	420261109	2,722	77,000	SH		SOLE		77,000	0	0
HAYNES INTERNATIONAL INC	COM	420877201	992	27,000	SH		SOLE		27,000	0	0
HC2 HLDGS INC COM	COM	404139107	4,166	712,117	SH		SOLE		712,117	0	0
HEARTLAND FINL USA INC COM	COM	42234Q102	247	4,500	SH		SOLE		2,000	0	2,500
HEMISPHERE MEDIA GROUP INC CL	COM	42365Q103	557	42,500	SH		SOLE		15,000	0	27,500
HERC HLDGS INC COM	COM	42704L104	732	13,000	SH		SOLE		13,000	0	0
HERITAGE COMMERCE CORP COM	COM	426927109	525	30,900	SH		SOLE		30,900	0	0
HESKA CORPORATION COM NEW	COM	42805E306	1,194	11,500	SH		SOLE		11,500	0	0
HEXCEL CORP NEW COM	COM	428291108	727	10,952	SH		SOLE		4,752	0	6,200
HOMESTREET INC COM	COM	43785V102	809	30,000	SH		SOLE		30,000	0	0
HOPE BANCORP INC COM	COM	43940T109	1,602	89,850	SH		SOLE		89,850	0	0
HUDSON TECHNOLOGIES INC COM	COM	444144109	216	107,700	SH		SOLE		107,700	0	0
HUTTIG BLDG PRODS INC COM	COM	448451104	3,729	785,000	SH		SOLE		785,000	0	0
I3 VERTICALS INC COM CL A	COM	46571Y107	469	30,800	SH		SOLE		30,800	0	0
ICC HOLDINGS INC	COM	44931Q104	540	34,400	SH		SOLE		34,400	0	0
ICF INTL INC COM	COM	44925C103	1,655	23,300	SH		SOLE		23,300	0	0
ICPT 3 1/4 7/1/23	CONVERTIBLE BOND	45845PAA6	264	300,000	PRN		SOLE		300,000	0	0
ICU MEDICAL INC	COM	44930G107	2,224	7,572	SH		SOLE		5,480	0	2,092
IMAX CORP COM	COM	45245E109	687	31,000	SH		SOLE		31,000	0	0
INDEPENDENCE CONTRACT DRIL ICO	COM	453415309	748	181,636	SH		SOLE		181,636	0	0
INFINERA CORPORATION COM	COM	45667G103	1,809	182,200	SH		SOLE		60,800	0	121,400
INFUSYSTEM HLDGS INC COM	COM	45685K102	2,131	600,218	SH		SOLE		600,218	0	0
INGLES MKTS INC CL A	COM	457030104	5,743	180,600	SH		SOLE		180,600	0	0
INNOPHOS HOLDINGS INC COM	COM	45774N108	333	7,000	SH		SOLE		7,000	0	0
INNOVATIVE SOLUTIONS & SUPPOCO	COM	45769N105	358	123,000	SH		SOLE		123,000	0	0
INSIGNIA SYS INC COM	COM	45765Y105	275	168,764	SH		SOLE		168,764	0	0
INSPIRED ENTMT INC COM	COM	45782N108	1,228	196,528	SH	��	SOLE		196,528	0	0
INTEGER HOLDINGS CORP	COM	45826H109	1,487	23,000	SH		SOLE		23,000	0	0
INTERDIGITAL INC 1.5 3/1/20	CONVERTIBLE BOND	458660AD9	429	350,000	PRN		SOLE		350,000	0	0
INTERNAP CORP COM PAR	COM	45885A409	4,585	440,000	SH		SOLE		440,000	0	0
INTEVAC INC COM	COM	461148108	1,116	230,030	SH		SOLE		230,030	0	0
INTRICON CORP COM	COM	46121H109	5,747	142,617	SH		SOLE		142,617	0	0
INVESTORS BANCORP INC	COM	46146L101	1,318	103,046	SH		SOLE		44,250	0	58,796
INVITAE CORP COM	COM	46185L103	882	120,000	SH		SOLE		120,000	0	0
IPHI 1 1/8 12/1/20	CONVERTIBLE BOND	45772FAB3	327	300,000	PRN		SOLE		300,000	0	0
IRIDIUM COMMUNICATIONS INC COM	COM	46269C102	322	20,000	SH		SOLE		20,000	0	0
ITERIS INC	COM	46564T107	97	20,000	SH		SOLE		20,000	0	0
J & J SNACK FOODS CORP	COM	466032109	229	1,500	SH		SOLE		1,500	0	0
JA SOLAR HOLDINGS CO LTD SPON	COM	466090206	229	33,670	SH		SOLE		33,670	0	0
JOHN BEAN TECHNOLOGIES CORP CO	COM	477839104	7,645	86,000	SH		SOLE		86,000	0	0
JOHNSON OUTDOORS INC CL A	COM	479167108	803	9,500	SH		SOLE		9,500	0	0
K2M GROUP HLDGS INC COM	COM	48273J107	990	44,000	SH		SOLE		44,000	0	0
KAMAN CORP	COM	483548103	13,750	197,301	SH		SOLE		197,301	0	0
KAR AUCTION SVCS INC COM	COM	48238T109	2,026	36,979	SH		SOLE		36,979	0	0
KIMBALL ELECTRONICS INC COM	COM	49428J109	2,123	116,000	SH		SOLE		116,000	0	0
KIMBALL INTL INC CL B	COM	494274103	8,726	540,000	SH		SOLE		540,000	0	0
KINDRED HEALTHCARE INC COM	COM	494580103	1,890	210,000	SH		SOLE		210,000	0	0
KKR & CO. L.P	COM	48248M102	2,257	90,843	SH		SOLE		90,843	0	0
KN 3 1/4 11/1/21	CONVERTIBLE BOND	49926DAB5	337	300,000	PRN		SOLE		300,000	0	0
KOPIN CORP COM	COM	500600101	601	210,000	SH		SOLE		210,000	0	0
LA Z BOY CHAIR CO	COM	505336107	1,714	56,000	SH		SOLE		56,000	0	0
LAKELAND INDS INC.	COM	511795106	173	12,211	SH		SOLE		12,211	0	0
LANDS END INC NEW COM	COM	51509F105	2,157	77,300	SH		SOLE		77,300	0	0
LAWSON PRODS INC COM	COM	520776105	6,989	287,042	SH		SOLE		287,042	0	0
LEGACY TEX FINL GROUP INC COM	COM	52471Y106	2,251	57,700	SH		SOLE		19,800	0	37,900
LENDING TREE INC.	COM	52603B107	2,395	11,200	SH		SOLE		11,200	0	0
LIFETIME BRANDS INC COM	COM	53222Q103	1,071	84,648	SH		SOLE		84,648	0	0
LIFEWAY FOODS INC COM	COM	531914109	825	163,931	SH		SOLE		163,931	0	0
LIMONEIRA CO COM	COM	532746104	3,432	139,475	SH		SOLE		139,475	0	0
LINDSAY CORP	COM	535555106	1,471	15,164	SH		SOLE		15,164	0	0
LITE 1/4 3/15/24	CONVERTIBLE BOND	55024UAB5	370	312,000	PRN		SOLE		312,000	0	0
LITHIA MOTORS INC.	COM	536797103	2,572	27,200	SH		SOLE		27,200	0	0
LITTELFUSE INC	COM	537008104	1,438	6,304	SH		SOLE		6,304	0	0
LSB INDS INC COM	COM	502160104	433	81,650	SH		SOLE		81,650	0	0
LYDALL INC COM	COM	550819106	4,799	109,949	SH		SOLE		109,949	0	0
MACQUARIE INFRASTRUCTURE COMPA	COM	55608B105	675	16,000	SH		SOLE		16,000	0	0
MARCUS CORP COM	COM	566330106	11,863	365,000	SH		SOLE		365,000	0	0
MARINE PRODS CORP COM	COM	568427108	14,444	812,400	SH		SOLE		812,400	0	0
MARINEMAX INC COM	COM	567908108	1,137	60,000	SH		SOLE		60,000	0	0
MARVELL TECHNOLOGY GRP LTD	COM	G5876H105	885	41,260	SH		SOLE		18,260	0	23,000
MATADOR RES CO COM	COM	576485205	1,175	39,100	SH		SOLE		17,500	0	21,600
MATERIALISE NV SPONSORED ADS	COM	57667T100	130	10,000	SH		SOLE		10,000	0	0
MATERION CORPORATION	COM	576690101	9,249	170,800	SH		SOLE		170,800	0	0
MATTHEWS INTL CORP CL A	COM	577128101	268	4,560	SH		SOLE		4,560	0	0
MCGRATH RENTCORP COM	COM	580589109	2,537	40,100	SH		SOLE		25,600	0	14,500
MCHP 1 5/8 2/15/27	CONVERTIBLE BOND	595017AF1	353	300,000	PRN		SOLE		300,000	0	0
MDC PARTNERS INC-A	COM	552697104	575	125,000	SH		SOLE		125,000	0	0
MEDALLION FINANCIAL CORP	COM	583928106	932	170,000	SH		SOLE		170,000	0	0
MELINTA THERAPEUTICS INC	COM	58549G100	121	19,000	SH		SOLE		19,000	0	0
MERCADOLIBRE, INC. 2.250 07/0	CONVERTIBLE BOND	58733RAB8	237	100,000	PRN		SOLE		100,000	0	0
MERCURY COMPUTER SYS INC COM	COM	589378108	1,332	35,000	SH		SOLE		35,000	0	0
MEREDITH CORP	COM	589433101	857	16,800	SH		SOLE		7,400	0	9,400
MERIDIAN BIOSCIENCE INC COM	COM	589584101	2,465	155,000	SH		SOLE		155,000	0	0
MESA LABS INC COM	COM	59064R109	6,248	29,600	SH		SOLE		29,600	0	0
METHODE ELECTRS INC CL A	COM	591520200	1,161	28,800	SH		SOLE		28,800	0	0
MGE ENERGY INC	COM	55277P104	2,270	36,000	SH		SOLE		36,000	0	0
MGP INGREDIENTS INC NEW COM	COM	55303J106	2,361	26,580	SH		SOLE		26,580	0	0
MIDDLEBY CORP COM	COM	596278101	4,636	44,400	SH		SOLE		44,400	0	0
MIDDLESEX WTR CO COM	COM	596680108	1,250	29,633	SH		SOLE		29,633	0	0
MINERALS TECHNOLOGIES INC	COM	603158106	309	4,100	SH		SOLE		4,100	0	0
MITCHAM INDS INC COM	COM	606501104	563	140,069	SH		SOLE		140,069	0	0
MITEK SYS INC COM NEW	COM	606710200	601	67,500	SH		SOLE		67,500	0	0
MITEL NETWORKS CORP COM	COM	60671Q104	1,575	143,600	SH		SOLE		48,700	0	94,900
MODINE MFG CO	COM	607828100	5,687	311,600	SH		SOLE		311,600	0	0
MONEYGRAM INTERNATIONAL INC CO	COM	60935Y208	815	121,793	SH		SOLE		121,793	0	0
MOTORCAR PTS & ACCESSORS INCCO	COM	620071100	449	24,000	SH		SOLE		24,000	0	0
MOVADO GROUP INC COM	COM	624580106	3,043	63,000	SH		SOLE		63,000	0	0
MSA SAFETY INC COM	COM	553498106	915	9,500	SH		SOLE		9,500	0	0
MTS SYS CORP COM	COM	553777103	263	5,002	SH		SOLE		5,002	0	0
MUELLER WATER PRODUCTS INC	COM	624758108	1,245	106,200	SH		SOLE		75,900	0	30,300
MVC CAP COM	COM	553829102	1,276	134,300	SH		SOLE		134,300	0	0
MYERS INDS INC	COM	628464109	19,736	1,027,900	SH		SOLE		1,027,900	0	0
MYR GROUP INC DEL COM	COM	55405W104	4,542	128,074	SH		SOLE		116,374	0	11,700
NABORS INDUSTRIES LTD SHS	COM	G6359F103	246	38,402	SH		SOLE		38,402	0	0
NABRIVA THERAPEUTICS PLC SHS	COM	G63637105	35	10,000	SH		SOLE		10,000	0	0
NAPCO SEC SYS INC COM	COM	630402105	4,051	276,551	SH		SOLE		276,551	0	0
NATHANS FAMOUS INC NEW COM	COM	632347100	20,950	222,634	SH		SOLE		222,634	0	0
NATIONAL CINEMEDIA INC COM	COM	635309107	470	56,000	SH		SOLE		56,000	0	0
NATIONAL COMM CORP COM	COM	63546L102	1,296	28,000	SH		SOLE		28,000	0	0
NATUS MEDICAL INC DEL COM	COM	639050103	366	10,600	SH		SOLE		3,200	0	7,400
NAUTILUS INC	COM	63910B102	1,665	106,031	SH		SOLE		106,031	0	0
NAVIGATOR HOLDINGS LTD SHS	COM	Y62132108	2,100	166,000	SH		SOLE		166,000	0	0
NAVIGATORS GROUP INC COM	COM	638904102	286	5,010	SH		SOLE		0	0	5,010
NAVISTAR INTL CORP COM	COM	63934E108	814	20,000	SH		SOLE		20,000	0	0
NBIX 2 1/4 5/15/24	CONVERTIBLE BOND	64125CAD1	342	237,000	PRN		SOLE		237,000	0	0
NEOGEN CORP COM	COM	640491106	12,750	159,000	SH		SOLE		159,000	0	0
NEOGENOMICS INC COM NEW	COM	64049M209	2,568	195,877	SH		SOLE		195,877	0	0
NETSCOUT SYS INC COM	COM	64115T104	1,540	51,850	SH		SOLE		20,900	0	30,950
NICE 1 1/4 1/15/24	CONVERTIBLE BOND	65366HAB9	404	305,000	PRN		SOLE		305,000	0	0
NII HLDGS INC COM PAR $0.001	COM	62913F508	3,159	810,000	SH		SOLE		810,000	0	0
NXP SEMICONDUCTORS N. V. 1.000	CONVERTIBLE BOND	62952QAB6	241	200,000	PRN		SOLE		200,000	0	0
OAKTREE CAP GROUP LLC UNIT CL	UNITS	674001201	661	16,261	SH		SOLE		6,061	0	10,200
OCEANEERING INTL INC COM	COM	675232102	751	29,500	SH		SOLE		15,600	0	13,900
OCEANFIRST FINL CORP COM	COM	675234108	736	24,550	SH		SOLE		24,550	0	0
OCLARO INC COM NEW	COM	67555N206	305	34,100	SH		SOLE		14,500	0	19,600
OFG BANCORP	COM	67103X102	283	20,150	SH		SOLE		20,150	0	0
OIL DRI CORP AMER COM	COM	677864100	5,647	134,000	SH		SOLE		134,000	0	0
OLD LINE BANCSHARES INC	COM	67984M100	1,105	31,639	SH		SOLE		31,639	0	0
OMNICELL INC COM	COM	68213N109	3,287	62,677	SH		SOLE		50,162	0	12,515
OMNOVA SOLUTIONS INC COM	COM	682129101	3,701	355,900	SH		SOLE		355,900	0	0
ON SEMICONDUCTOR CORP COM	COM	682189105	556	25,020	SH		SOLE		9,100	0	15,920
OPKO HEALTH INC COM	COM	68375N103	1,124	239,100	SH		SOLE		239,100	0	0
OPUS BK IRVINE CALIF COM	COM	684000102	215	7,500	SH		SOLE		7,500	0	0
ORBCOMM INC COM	COM	68555P100	5,265	521,335	SH		SOLE		521,335	0	0
ORCHIDS PAPER PRODS CO DEL COM	COM	68572N104	83	20,900	SH		SOLE		20,900	0	0
ORITANI FINL CORP DEL COM	COM	68633D103	959	59,192	SH		SOLE		48,500	0	10,692
ORTHOFIX INTL N V ORD	COM	N6748L102	2,568	45,200	SH		SOLE		45,200	0	0
OXFORD INDS INC COM	COM	691497309	1,054	12,700	SH		SOLE		6,200	0	6,500
PANDORA MEDIA INC COM	COM	698354107	1,458	185,039	SH		SOLE		84,739	0	100,300
PARAMOUNT GROUP INC COM	COM	69924R108	368	23,900	SH		SOLE		5,700	0	18,200
PARATEK PHARMACEUTICALS INC CO	COM	699374302	245	24,000	SH		SOLE		24,000	0	0
PARK ELECTROCHEMICAL CORP COM	COM	700416209	3,376	145,580	SH		SOLE		145,580	0	0
PARK OHIO HLDGS CORP COM	COM	700666100	6,546	175,500	SH		SOLE		175,500	0	0
PARSLEY ENERGY INC CL A	COM	701877102	742	24,500	SH		SOLE		7,100	0	17,400
PATRIOT TRAMSPORTATION HOLDING	COM	70338W105	357	17,000	SH		SOLE		17,000	0	0
PATTERSON COMPANIES INC	COM	703395103	1,153	50,844	SH		SOLE		21,431	0	29,413
PATTERSON-UTI ENERGY INC COM	COM	703481101	1,752	97,325	SH		SOLE		43,079	0	54,246
PCRX 2 3/8 4/1/22	CONVERTIBLE BOND	695127AD2	185	200,000	PRN		SOLE		200,000	0	0
PCSB FINANCIAL CORPORATION COM	COM	69324R104	288	14,500	SH		SOLE		14,500	0	0
PDC ENERGY INC	COM	69327R101	339	5,600	SH		SOLE		1,700	0	3,900
PENN VA CORP NEW COM	COM	70788V102	560	6,600	SH		SOLE		6,600	0	0
PFSWEB INC COM NEW	COM	717098206	3,207	329,962	SH		SOLE		329,962	0	0
PHH CORP COM NEW	COM	693320202	217	20,000	SH		SOLE		20,000	0	0
PIER 1 IMPORTS INC SHS BEN INT	COM	720279108	48	20,000	SH		SOLE		20,000	0	0
PLANTRONICS	COM	727493108	938	12,300	SH		SOLE		3,600	0	8,700
POWELL INDS INC COM	COM	739128106	700	20,103	SH		SOLE		20,103	0	0
PREFORMED LINE PRODS CO COM	COM	740444104	514	5,788	SH		SOLE		5,788	0	0
PRGX GLOBAL INC	COM	69357C503	1,535	158,259	SH		SOLE		158,259	0	0
PRIMO WTR CORP COM	COM	74165N105	229	13,121	SH		SOLE		13,121	0	0
PROGENICS PHARMACEUTICALS INCO	COM	743187106	80	10,000	SH		SOLE		10,000	0	0
PROGRESS SOFTWARE CORP COM	COM	743312100	1,380	35,558	SH		SOLE		13,300	0	22,258
PROOFPOINT, INC. 0.750 06/15/	CONVERTIBLE BOND	743424AD5	220	150,000	PRN		SOLE		150,000	0	0
PZENA INVESTMENT MGMT INC CLAS	COM	74731Q103	1,455	158,000	SH		SOLE		158,000	0	0
QUIDEL CORP COM	COM	74838J101	9,510	143,000	SH		SOLE		143,000	0	0
QUMU CORP COM	COM	749063103	43	19,383	SH		SOLE		19,383	0	0
RAVEN INDS INC COM	COM	754212108	964	25,080	SH		SOLE		25,080	0	0
READING INTERNATIONAL INC CL B	COM	755408200	1,770	73,759	SH		SOLE		73,759	0	0
READING INTL INC CL A	COM	755408101	7,781	487,852	SH		SOLE		487,852	0	0
RENASANT CORP COM	COM	75970E107	1,683	36,971	SH		SOLE		36,971	0	0
RGC RES INC COM	COM	74955L103	1,834	62,850	SH		SOLE		62,850	0	0
RLJ ENTMT INC COM NEW	COM	74965F203	1,875	405,000	SH		SOLE		405,000	0	0
RPC INC. COMMON	COM	749660106	1,233	84,605	SH		SOLE		84,605	0	0
RTI BIOLOGICS INC COM	COM	74975N105	304	66,000	SH		SOLE		66,000	0	0
RUSH ENTERPRISES INC CL A	COM	781846209	2,087	48,105	SH		SOLE		40,605	0	7,500
RUSH ENTERPRISES INC CL B	COM	781846308	4,566	104,005	SH		SOLE		104,005	0	0
RYMAN HOSPITALITY PPTYS INC CO	COM	78377T107	832	10,000	SH		SOLE		10,000	0	0
SAFEGUARD SCIENTIFICS INC COM	COM	786449207	666	52,024	SH		SOLE		52,024	0	0
SALEM COMMUNICATIONS CORP DECL	COM	794093104	3,116	605,000	SH		SOLE		605,000	0	0
SANFILIPPO JOHN B & SON INC CO	COM	800422107	1,677	22,531	SH		SOLE		22,531	0	0
SANOFI-AVENTIS-CVR	WARRANT AND RIGH	80105N113	200	400,000	SH		SOLE		400,000	0	0
SCHMITT INDS INC ORE COM NEW	COM	806870200	1,641	701,029	SH		SOLE		701,029	0	0
SCHULMAN A INC COM	COM	808194104	3,573	80,300	SH		SOLE		52,200	0	28,100
SCIENTIFIC GAMES CORP CL A	COM	80874P109	1,032	21,000	SH		SOLE		21,000	0	0
SCRIPPS E W CO OHIO CL A	COM	811054402	12,159	908,048	SH		SOLE		908,048	0	0
SHENANDOAH TELECOMMUNICATIONCD	COM	82312B106	12,099	370,000	SH		SOLE		370,000	0	0
SHILOH INDS INC COM	COM	824543102	470	54,000	SH		SOLE		54,000	0	0
SI FINL GROUP INC MD COM	COM	78425V104	153	10,342	SH		SOLE		10,342	0	0
SILVERCREST ASSET MGMT GROUPCL	COM	828359109	1,386	85,000	SH		SOLE		85,000	0	0
SIMMONS 1ST NATL CORP CL A $1	COM	828730200	481	16,074	SH		SOLE		16,074	0	0
SINCLAIR BROADCAST GROUP INCCL	COM	829226109	1,061	33,000	SH		SOLE		33,000	0	0
SJW GROUP	COM	784305104	5,914	89,304	SH		SOLE		89,304	0	0
SKYLINE CHAMPION CORPORATION	COM	830830105	3,662	104,500	SH		SOLE		104,500	0	0
SLAB 13/8 3/1/22	CONVERTIBLE BOND	826919AB8	258	211,000	PRN		SOLE		211,000	0	0
SMART SAND INC COM	COM	83191H107	53	10,000	SH		SOLE		10,000	0	0
SONIC AUTOMOTIVE INC CL A	COM	83545G102	1,370	66,500	SH		SOLE		66,500	0	0
SOUTH JERSEY INDS INC CORP UNI	UNITS	838518116	258	4,705	SH		SOLE		4,705	0	0
SOUTH ST CORP COM	COM	840441109	276	3,200	SH		SOLE		3,200	0	0
SOUTHERN FIRST BANCSHARES INCO	COM	842873101	2,535	57,359	SH		SOLE		57,359	0	0
SOUTHERN NATL BANCORP OF VA CO	COM	843395104	737	41,300	SH		SOLE		41,300	0	0
SPARTON CORP COM	COM	847235108	2,886	151,987	SH		SOLE		151,987	0	0
SPWR 4 1/15/23	CONVERTIBLE BOND	867652AL3	340	400,000	PRN		SOLE		400,000	0	0
SRE 6 01/15/21	CONVERTIBLE PREF	816851406	262	2,535	SH		SOLE		2,535	0	0
STANDARD MTR PRODS INC CLASS A	COM	853666105	5,907	122,200	SH		SOLE		122,200	0	0
STANDEX INTL CORP	COM	854231107	2,862	28,000	SH		SOLE		28,000	0	0
STARRETT L S CO CL A	COM	855668109	2,285	357,083	SH		SOLE		357,083	0	0
STATE BK FINL CORP COM	COM	856190103	2,244	67,200	SH		SOLE		56,800	0	10,400
STEEL CONNECT INC	COM	858098106	3,521	1,630,000	SH		SOLE		1,630,000	0	0
STEEL PARTNERS HLDGS L P	COM	85814R107	10,683	634,000	SH		SOLE		634,000	0	0
STEELCASE INC CL A	COM	858155203	390	28,880	SH		SOLE		8,280	0	20,600
STERIS PLC SHARES	COM	G84720104	368	3,500	SH		SOLE		3,500	0	0
STERLING BANCORP/DE	COM	85917A100	3,380	143,809	SH		SOLE		143,809	0	0
STIFEL FINL CORP COM	COM	860630102	916	17,532	SH		SOLE		5,500	0	12,032
STONERIDGE INC	COM	86183P102	8,557	243,498	SH		SOLE		243,498	0	0
STRATASYS LTD SHS	COM	M85548101	306	16,000	SH		SOLE		16,000	0	0
STRATTEC SECURITY CORP.	COM	863111100	5,490	179,700	SH		SOLE		179,700	0	0
SUNOPTA INC COM	COM	8676EP108	1,769	210,545	SH		SOLE		210,545	0	0
SUPERIOR INDS INTL INC	COM	868168105	8,361	467,100	SH		SOLE		467,100	0	0
SURMODICS INC COM	COM	868873100	14,555	263,682	SH		SOLE		263,682	0	0
SVB FINL GROUP COM	COM	78486Q101	504	1,745	SH		SOLE		148	0	1,597
SWK 5 3/8 5/15/20	CONVERTIBLE PREF	854502887	315	3,007	SH		SOLE		3,007	0	0
S&W SEED CO COM	COM	785135104	1,593	490,000	SH		SOLE		490,000	0	0
TEAM INC COM	COM	878155100	8,131	352,000	SH		SOLE		352,000	0	0
TEJON RANCH CO DEL COM	COM	879080109	4,180	172,000	SH		SOLE		172,000	0	0
TENNANT CO	COM	880345103	3,895	49,300	SH		SOLE		49,300	0	0
TENNECO INC	COM	880349105	1,627	37,000	SH		SOLE		37,000	0	0
TER 1 1/4 12/15/23	CONVERTIBLE BOND	880770AG7	401	300,000	PRN		SOLE		300,000	0	0
TETRAPHASE PHARMACEUTICALS ICO	COM	88165N105	157	44,000	SH		SOLE		44,000	0	0
THESTREET INC	COM	88368Q103	153	70,000	SH		SOLE		70,000	0	0
TIMKENSTEEL CORP COM	COM	887399103	5,092	311,436	SH		SOLE		311,436	0	0
TITAN INTL INC ILL COM	COM	88830M102	376	35,000	SH		SOLE		35,000	0	0
TITAN MACHY INC COM	COM	88830R101	2,533	162,888	SH		SOLE		162,888	0	0
TOWER INTL INC COM	COM	891826109	1,063	33,425	SH		SOLE		33,425	0	0
TOWNSQUARE MEDIA INC CL A	COM	892231101	809	125,007	SH		SOLE		125,007	0	0
TRANSACT TECHNOLOGIES INC COM	COM	892918103	1,589	127,100	SH		SOLE		127,100	0	0
TREDEGAR INDS INC	COM	894650100	12,312	523,920	SH		SOLE		523,920	0	0
TREE 5/8 6/1/22	CONVERTIBLE BOND	52603BAA5	240	199,000	PRN		SOLE		199,000	0	0
TRINITY BIOTECH PLC SPON ADR N	COM	896438306	1,080	216,050	SH		SOLE		216,050	0	0
TRINITY PL HLDGS INC COM	COM	89656D101	295	45,023	SH		SOLE		45,023	0	0
TRISTATE CAP HLDGS INC COM	COM	89678F100	261	10,000	SH		SOLE		10,000	0	0
TRONC INC COM	COM	89703P107	468	27,057	SH		SOLE		27,057	0	0
TRUSTCO BK CORP N Y COM	COM	898349105	579	65,000	SH		SOLE		65,000	0	0
TTM TECHNOLOGIES INC COM	COM	87305R109	349	19,800	SH		SOLE		8,300	0	11,500
TUESDAY MORNING CORP COM NEW	COM	899035505	262	86,000	SH		SOLE		86,000	0	0
TWIN DISC INC COM	COM	901476101	10,508	423,354	SH		SOLE		423,354	0	0
TYLER TECHNOLOGIES INC COM	COM	902252105	755	3,400	SH		SOLE		3,400	0	0
ULTRA CLEAN HLDGS INC COM	COM	90385V107	2,606	157,000	SH		SOLE		157,000	0	0
ULTRALIFE BATTERIES INC COM	COM	903899102	240	25,000	SH		SOLE		25,000	0	0
UMPQUA HLDGS CORP COM	COM	904214103	472	20,886	SH		SOLE		14,250	0	6,636
UNION BANKSHARES CORP NEW COM	COM	90539J109	831	21,380	SH		SOLE		21,380	0	0
UNITED FINANCIAL BANCORP INC	COM	910304104	2,940	167,800	SH		SOLE		149,600	0	18,200
UNITED GUARDIAN INC COM	COM	910571108	1,511	78,900	SH		SOLE		78,900	0	0
UNIVERSAL TECHNICAL INST INCCO	COM	913915104	410	130,000	SH		SOLE		130,000	0	0
UTAH MED PRODS INC COM	COM	917488108	551	5,000	SH		SOLE		5,000	0	0
VALUE LINE INC	COM	920437100	784	33,089	SH		SOLE		33,089	0	0
VERITEX HLDGS INC COM	COM	923451108	2,995	96,400	SH		SOLE		91,800	0	4,600
VERSUM MATLS INC COM	COM	92532W103	771	20,741	SH		SOLE		10,047	0	10,694
VIAD CORP COM NEW	COM	92552R406	2,023	37,282	SH		SOLE		37,282	0	0
VICOR CORP COM	COM	925815102	370	8,500	SH		SOLE		8,500	0	0
VILLAGE SUPER MKT INC CL A NEW	COM	927107409	2,085	70,781	SH		SOLE		70,781	0	0
VITAMIN SHOPPE INC COM	COM	92849E101	382	55,000	SH		SOLE		55,000	0	0
WABASH NATL CORP COM	COM	929566107	1,306	70,000	SH		SOLE		70,000	0	0
WASHINGTON FED INC	COM	938824109	835	25,550	SH		SOLE		7,000	0	18,550
WASHINGTON TR BANCORP COM	COM	940610108	3,487	60,020	SH		SOLE		49,900	0	10,120
WATERSTONE FINL INC MD COM	COM	94188P101	1,673	98,100	SH		SOLE		88,000	0	10,100
WELLS FARGO CV PFD L 7.500	CONVERTIBLE PREF	949746804	251	200	SH		SOLE		200	0	0
WESTERN NEW ENGLAND BANCORP	COM	958892101	965	87,760	SH		SOLE		87,760	0	0
WHITING PETE CORP NEW COM	COM	966387409	364	6,900	SH		SOLE		2,100	0	4,800
WIDEOPENWEST INC COM	COM	96758W101	193	20,000	SH		SOLE		20,000	0	0
WILLAMETTE VY VINEYARD INC COM	COM	969136100	197	23,000	SH		SOLE		23,000	0	0
WINDSTREAM CORP	COM	97382A309	369	70,000	SH		SOLE		70,000	0	0
WINNEBAGO INDS INC COM	COM	974637100	2,781	68,500	SH		SOLE		63,700	0	4,800
WOODWARD INC	COM	980745103	419	5,450	SH		SOLE		3,400	0	2,050
WORLD WRESTLING ENTERTAINMENT	COM	98156Q108	2,476	34,000	SH		SOLE		34,000	0	0
XO GROUP INC COM	COM	983772104	2,400	74,991	SH		SOLE		74,991	0	0
YORK WTR CO COM	COM	987184108	1,410	44,337	SH		SOLE		44,337	0	0
ZAGG INC COM	COM	98884U108	1,533	88,600	SH		SOLE		88,600	0	0