Palogic Value Management 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
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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
ABBVIE INC	COM	00287Y109	3,107,715	19,500	SH		SOLE		0	0	19,500
ADOBE SYSTEMS INCORPORATED	COM	00724F101	1,553,041	4,030	SH		SOLE		0	0	4,030
ALPHABET INC	CAP STK CL A	02079K305	376,021	3,625	SH		SOLE		0	0	3,625
ALPHABET INC	CAP STK CL C	02079K107	4,187,456	40,264	SH		SOLE		0	0	40,264
AMAZON COM INC	COM	023135106	1,962,510	19,000	SH		SOLE		0	0	19,000
AMERICAN EXPRESS CO	COM	025816109	413,365	2,506	SH		SOLE		0	0	2,506
AMGEN INC	COM	031162100	1,665,658	6,890	SH		SOLE		0	0	6,890
APOLLO COML REAL EST FIN INC	COM	03762U105	828,813	89,024	SH		SOLE		0	0	89,024
APPLE INC	COM	037833100	8,991,008	54,524	SH		SOLE		0	0	54,524
ARBOR REALTY TRUST INC	COM	038923108	471,906	41,071	SH		SOLE		0	0	41,071
ARES CAPITAL CORP	COM	04010L103	1,723,844	94,328	SH		SOLE		0	0	94,328
ASPEN AEROGELS INC	COM	04523Y105	1,442,320	193,600	SH		SOLE		193,600	0	0
BANDWIDTH INC	COM CL A	05988J103	3,040,000	200,000	SH		SOLE		200,000	0	0
BANK AMERICA CORP	COM	060505104	1,212,125	42,382	SH		SOLE		0	0	42,382
BHP GROUP LTD	SPONSORED ADS	088606108	5,288,521	83,402	SH		SOLE		0	0	83,402
BLACKROCK CR ALLOCATION INCO	COM	092508100	357,084	34,702	SH		SOLE		0	0	34,702
BLACKROCK ENHANCED EQUITY DI	COM	09251A104	511,105	59,500	SH		SOLE		0	0	59,500
BLACKROCK LONG-TERM MUN ADVA	COM	09250B103	368,150	37,000	SH		SOLE		0	0	37,000
BLACKROCK MUN INCOME TR	SH BEN INT	09248F109	234,830	23,000	SH		SOLE		0	0	23,000
BLACKROCK MUNI INCOME TR II	COM	09249N101	214,600	20,000	SH		SOLE		0	0	20,000
BLACKROCK MUNIHOLDINGS FD IN	COM	09253N104	204,223	16,948	SH		SOLE		0	0	16,948
BLACKROCK MUNIHOLDINGS QUALI	COM	09254C107	249,092	24,810	SH		SOLE		0	0	24,810
BLACKROCK MUNIVEST FD INC	COM	09253R105	166,080	24,000	SH		SOLE		0	0	24,000
BLACKROCK MUNIYILD QULT FD I	COM	09254F100	514,756	43,476	SH		SOLE		0	0	43,476
BLACKROCK TAX MUNICPAL BD TR	SHS	09248X100	188,160	10,500	SH		SOLE		0	0	10,500
BNY MELLON MUN BD INFRASTRUC	COM SHS	09662W109	840,275	72,500	SH		SOLE		0	0	72,500
BNY MELLON MUN INCOME INC	COM	05589T104	129,800	20,000	SH		SOLE		0	0	20,000
BNY MELLON STRATEGIC MUN BD	COM	09662E109	180,300	30,000	SH		SOLE		0	0	30,000
BNY MELLON STRATEGIC MUNS IN	COM	05588W108	187,200	30,000	SH		SOLE		0	0	30,000
BP PLC	SPONSORED ADR	055622104	295,135	7,779	SH		SOLE		0	0	7,779
BRIGHTCOVE INC	COM	10921T101	2,314,000	520,000	SH		SOLE		520,000	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	2,035,427	29,367	SH		SOLE		0	0	29,367
BROADCOM INC	COM	11135F101	4,259,826	6,640	SH		SOLE		0	0	6,640
BRUNSWICK CORP	COM	117043109	2,088,786	25,473	SH		SOLE		23,000	0	2,473
BSQUARE CORP	COM NEW	11776U300	1,760,139	1,585,711	SH		SOLE		1,585,711	0	0
CAESARS ENTERTAINMENT INC NE	COM	12769G100	645,610	13,227	SH		SOLE		0	0	13,227
CALAMOS CONV OPPORTUNITIES &	SH BEN INT	128117108	126,240	12,000	SH		SOLE		0	0	12,000
CALAMOS GBL DYN INCOME FUND	COM	12811L107	65,780	11,000	SH		SOLE		0	0	11,000
CALAMOS STRATEGIC TOTAL RETU	COM SH BEN INT	128125101	798,000	57,000	SH		SOLE		0	0	57,000
CANNAE HLDGS INC	COM	13765N107	4,843,200	240,000	SH		SOLE		240,000	0	0
CATERPILLAR INC	COM	149123101	208,244	910	SH		SOLE		0	0	910
CISCO SYS INC	COM	17275R102	1,229,665	23,523	SH		SOLE		0	0	23,523
CLEVELAND-CLIFFS INC NEW	COM	185899101	183,300	10,000	SH		SOLE		0	0	10,000
COLUMBUS MCKINNON CORP N Y	COM	199333105	4,146,499	111,585	SH		SOLE		111,585	0	0
COPART INC	COM	217204106	601,680	8,000	SH		SOLE		0	0	8,000
D R HORTON INC	COM	23331A109	543,840	5,567	SH		SOLE		0	0	5,567
DIGITAL RLTY TR INC	COM	253868103	339,170	3,450	SH		SOLE		0	0	3,450
DISNEY WALT CO	COM	254687106	640,732	6,399	SH		SOLE		0	0	6,399
DIVERSIFIED HEALTHCARE TR	COM SH BEN INT	25525P107	270,000	200,000	SH		SOLE		200,000	0	0
DOCUSIGN INC	COM	256163106	207,257	3,555	SH		SOLE		0	0	3,555
DOMO INC	COM CL B	257554105	4,625,940	326,000	SH		SOLE		326,000	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	534,154	5,537	SH		SOLE		0	0	5,537
DUPONT DE NEMOURS INC	COM	26614N102	212,655	2,963	SH		SOLE		0	0	2,963
EAGLE MATLS INC	COM	26969P108	220,125	1,500	SH		SOLE		0	0	1,500
EATON VANCE TX ADV GLBL DIV	COM	27828S101	379,525	23,500	SH		SOLE		0	0	23,500
EDGIO INC	COM	53261M104	435,105	550,000	SH		SOLE		550,000	0	0
EMCORE CORP	COM NEW	290846203	1,724,966	1,499,970	SH		SOLE		1,499,970	0	0
ENPRO INDS INC	COM	29355X107	1,879,682	18,093	SH		SOLE		18,093	0	0
EOG RES INC	COM	26875P101	571,201	4,983	SH		SOLE		0	0	4,983
EVENTBRITE INC	COM CL A	29975E109	2,531,100	295,000	SH		SOLE		295,000	0	0
EXXON MOBIL CORP	COM	30231G102	5,449,334	49,693	SH		SOLE		0	0	49,693
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	2,306,148	66,022	SH		SOLE		50,000	0	16,022
FIDUS INVT CORP	COM	316500107	852,067	44,681	SH		SOLE		0	0	44,681
FIRST TR NASDAQ 100 TECH IND	SHS	337345102	313,224	2,400	SH		SOLE		0	0	2,400
FLAHERTY & CRUMRINE DYNAMIC	SHS	33848W106	401,336	22,100	SH		SOLE		0	0	22,100
FORESTAR GROUP INC	COM	346232101	2,061,700	132,500	SH		SOLE		132,500	0	0
FREEPORT-MCMORAN INC	CL B	35671D857	596,959	14,592	SH		SOLE		0	0	14,592
GRAFTECH INTL LTD	COM	384313508	1,093,500	225,000	SH		SOLE		225,000	0	0
GRANITE PT MTG TR INC	COM STK	38741L107	597,735	120,511	SH		SOLE		0	0	120,511
GULF IS FABRICATION INC	COM	402307102	522,403	141,190	SH		SOLE		141,190	0	0
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	2,063,268	307,034	SH		SOLE		307,034	0	0
HOME DEPOT INC	COM	437076102	412,283	1,397	SH		SOLE		0	0	1,397
HONEYWELL INTL INC	COM	438516106	543,736	2,845	SH		SOLE		0	0	2,845
I3 VERTICALS INC	COM CL A	46571Y107	1,778,425	72,500	SH		SOLE		72,500	0	0
IMAX CORP	COM	45245E109	1,630,300	85,000	SH		SOLE		85,000	0	0
ISHARES TR	CONV BD ETF	46435G102	460,048	6,335	SH		SOLE		0	0	6,335
ISHARES TR	IBOXX HI YD ETF	464288513	2,437,847	32,268	SH		SOLE		0	0	32,268
ISHARES TR	PFD AND INCM SEC	464288687	624,400	20,000	SH		SOLE		0	0	20,000
JOHNSON & JOHNSON	COM	478160104	275,745	1,779	SH		SOLE		0	0	1,779
JPMORGAN CHASE & CO	COM	46625H100	889,235	6,824	SH		SOLE		0	0	6,824
KRAFT HEINZ CO	COM	500754106	423,088	10,941	SH		SOLE		0	0	10,941
LADDER CAP CORP	CL A	505743104	768,247	81,296	SH		SOLE		0	0	81,296
LAS VEGAS SANDS CORP	COM	517834107	373,425	6,500	SH		SOLE		0	0	6,500
LIBERTY ENERGY INC	COM CL A	53115L104	1,152,900	90,000	SH		SOLE		90,000	0	0
LIGHTSPEED COMMERCE INC	SUB VTG SHS	53229C107	1,973,400	130,000	SH		SOLE		130,000	0	0
LIVE OAK BANCSHARES INC	COM	53803X105	1,462,200	60,000	SH		SOLE		60,000	0	0
LIVEPERSON INC	COM	538146101	2,160,040	489,805	SH		SOLE		489,805	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	1,065,652	11,350	SH		SOLE		0	0	11,350
MARQETA INC	CLASS A COM	57142B104	2,056,500	450,000	SH		SOLE		450,000	0	0
MERCK & CO INC	COM	58933Y105	452,158	4,250	SH		SOLE		0	0	4,250
MICROSOFT CORP	COM	594918104	5,060,530	17,553	SH		SOLE		0	0	17,553
MOLSON COORS BEVERAGE CO	CL B	60871R209	2,499,607	48,367	SH		SOLE		40,000	0	8,367
NEW FORTRESS ENERGY INC	COM CL A	644393100	1,765,800	60,000	SH		SOLE		60,000	0	0
NEXTERA ENERGY INC	COM	65339F101	398,581	5,171	SH		SOLE		0	0	5,171
NUVEEN AMT FREE MUN CR INC F	COM	67071L106	1,053,120	89,399	SH		SOLE		0	0	89,399
NUVEEN AMT FREE QLTY MUN INC	COM	670657105	1,869,361	168,108	SH		SOLE		0	0	168,108
NUVEEN MUN HIGH INCOME OPPOR	COM	670682103	367,200	34,000	SH		SOLE		0	0	34,000
NUVEEN MUNICIPAL CREDIT INC	COM SH BEN INT	67070X101	890,156	74,490	SH		SOLE		0	0	74,490
NUVEEN PFD & INCOME OPPORTUN	COM	67073B106	182,509	27,737	SH		SOLE		0	0	27,737
NUVEEN PFD & INCOME SECS FD	COM	67072C105	767,991	118,884	SH		SOLE		0	0	118,884
NUVEEN PFD & INCOME TERM FD	COM	67075A106	176,300	10,000	SH		SOLE		0	0	10,000
NUVEEN QUALITY MUNCP INCOME	COM	67066V101	856,056	74,246	SH		SOLE		0	0	74,246
NUVEEN S&P 500 BUY-WRITE INC	COM	6706ER101	345,196	26,371	SH		SOLE		0	0	26,371
NUVEEN TAXABLE MUNICPAL INM	COM	67074C103	193,440	12,000	SH		SOLE		0	0	12,000
NVIDIA CORPORATION	COM	67066G104	474,431	1,708	SH		SOLE		0	0	1,708
ON24 INC	COM	68339B104	1,661,965	189,722	SH		SOLE		189,722	0	0
ONEOK INC NEW	COM	682680103	749,772	11,800	SH		SOLE		0	0	11,800
OPEN LENDING CORP	COM CL A	68373J104	2,112,000	300,000	SH		SOLE		300,000	0	0
ORION GROUP HLDGS INC	COM	68628V308	556,850	215,000	SH		SOLE		215,000	0	0
OWL ROCK CAPITAL CORPORATION	COM	69121K104	505,737	40,106	SH		SOLE		0	0	40,106
PALO ALTO NETWORKS INC	COM	697435105	449,415	2,250	SH		SOLE		0	0	2,250
PAYSAFE LIMITED	SHS	G6964L206	243,248	14,085	SH		SOLE		0	0	14,085
PEBBLEBROOK HOTEL TR	COM	70509V100	1,755,000	125,000	SH		SOLE		125,000	0	0
PENNYMAC FINL SVCS INC NEW	COM	70932M107	3,195,275	53,603	SH		SOLE		52,500	0	1,103
PFIZER INC	COM	717081103	359,652	8,815	SH		SOLE		0	0	8,815
PIMCO DYNAMIC INCOME FD	SHS	72201Y101	399,612	22,176	SH		SOLE		0	0	22,176
PIMCO DYNAMIC INCOME OPRNTS	COM BEN SHS	69355M107	1,004,623	81,018	SH		SOLE		0	0	81,018
PIMCO MUN INCOME FD	COM	72200R107	338,300	34,000	SH		SOLE		0	0	34,000
PIMCO MUN INCOME FD II	COM	72200W106	450,720	48,000	SH		SOLE		0	0	48,000
PIMCO MUN INCOME FD III	COM	72201A103	274,230	33,000	SH		SOLE		0	0	33,000
PROCTER AND GAMBLE CO	COM	742718109	1,764,950	11,870	SH		SOLE		0	0	11,870
PROSPECT CAP CORP	COM	74348T102	1,151,010	165,375	SH		SOLE		0	0	165,375
REGIONS FINANCIAL CORP NEW	COM	7591EP100	278,400	15,000	SH		SOLE		0	0	15,000
RITHM CAPITAL CORP	COM NEW	64828T201	404,000	50,500	SH		SOLE		0	0	50,500
ROCKET COS INC	COM CL A	77311W101	223,909	24,714	SH		SOLE		0	0	24,714
SAP SE	SPON ADR	803054204	692,988	5,476	SH		SOLE		0	0	5,476
SARATOGA INVT CORP	COM NEW	80349A208	1,233,158	48,780	SH		SOLE		0	0	48,780
SCHLUMBERGER LTD	COM STK	806857108	1,295,651	26,388	SH		SOLE		0	0	26,388
SECUREWORKS CORP	CL A	81374A105	1,457,337	170,051	SH		SOLE		170,051	0	0
SELECT ENERGY SVCS INC	CL A COM	81617J301	1,679,448	241,300	SH		SOLE		241,300	0	0
SHELL PLC	SPON ADS	780259305	5,441,673	94,572	SH		SOLE		55,000	0	39,572
SIMON PPTY GROUP INC NEW	COM	828806109	779,647	6,963	SH		SOLE		0	0	6,963
SMARTSHEET INC	COM CL A	83200N103	270,835	5,666	SH		SOLE		0	0	5,666
SOUTHWESTERN ENERGY CO	COM	845467109	427,000	85,400	SH		SOLE		0	0	85,400
SPDR S&P 500 ETF TR	TR UNIT	78462F103	654,205	1,598	SH		SOLE		0	0	1,598
SSGA ACTIVE ETF TR	BLACKSTONE SENR	78467V608	1,793,145	43,250	SH		SOLE		0	0	43,250
STARBUCKS CORP	COM	855244109	574,798	5,520	SH		SOLE		0	0	5,520
STARWOOD PPTY TR INC	COM	85571B105	371,030	20,974	SH		SOLE		0	0	20,974
STRYKER CORPORATION	COM	863667101	273,766	959	SH		SOLE		0	0	959
TEXAS CAP BANCSHARES INC	COM	88224Q107	489,600	10,000	SH		SOLE		10,000	0	0
TEXAS INSTRS INC	COM	882508104	451,446	2,427	SH		SOLE		0	0	2,427
TOPGOLF CALLAWAY BRANDS CORP	COM	131193104	2,972,750	137,500	SH		SOLE		137,500	0	0
TRITON INTL LTD	CL A	G9078F107	1,201,180	19,000	SH		SOLE		0	0	19,000
TWILIO INC	CL A	90138F102	1,332,600	20,000	SH		SOLE		20,000	0	0
TYLER TECHNOLOGIES INC	COM	902252105	203,563	574	SH		SOLE		0	0	574
UNION PAC CORP	COM	907818108	356,431	1,771	SH		SOLE		0	0	1,771
UPLAND SOFTWARE INC	COM	91544A109	1,139,500	265,000	SH		SOLE		265,000	0	0
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	1,548,561	19,425	SH		SOLE		0	0	19,425
VERISK ANALYTICS INC	COM	92345Y106	378,732	1,974	SH		SOLE		0	0	1,974
VERITEX HLDGS INC	COM	923451108	511,280	28,000	SH		SOLE		0	0	28,000
VERIZON COMMUNICATIONS INC	COM	92343V104	1,052,558	27,065	SH		SOLE		0	0	27,065
VERRA MOBILITY CORP	CL A COM STK	92511U102	2,538,000	150,000	SH		SOLE		150,000	0	0
VERTEX INC	CL A	92538J106	6,042,701	292,059	SH		SOLE		292,059	0	0
VICI PPTYS INC	COM	925652109	1,536,402	47,100	SH		SOLE		0	0	47,100
VIMEO INC	COMMON STOCK	92719V100	3,695,950	965,000	SH		SOLE		965,000	0	0
VISA INC	COM CL A	92826C839	608,066	2,697	SH		SOLE		0	0	2,697
WATSCO INC	COM	942622200	230,984	726	SH		SOLE		0	0	726
YEXT INC	COM	98585N106	2,883,000	300,000	SH		SOLE		300,000	0	0
ZEBRA TECHNOLOGIES CORPORATI	CL A	989207105	203,520	640	SH		SOLE		0	0	640
ZUORA INC	COM CL A	98983V106	4,693,000	475,000	SH		SOLE		475,000	0	0