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
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
ABBVIE INC	COM	00287Y109	2,586,816	19,200	SH		SOLE		0	0	19,200
ADOBE SYSTEMS INCORPORATED	COM	00724F101	1,953,026	3,994	SH		SOLE		0	0	3,994
ALPHABET INC	CAP STK CL A	02079K305	314,213	2,625	SH		SOLE		0	0	2,625
ALPHABET INC	CAP STK CL C	02079K107	4,877,027	40,316	SH		SOLE		0	0	40,316
AMAZON COM INC	COM	023135106	2,476,840	19,000	SH		SOLE		0	0	19,000
AMERICAN EXPRESS CO	COM	025816109	436,545	2,506	SH		SOLE		0	0	2,506
AMGEN INC	COM	031162100	1,519,727	6,845	SH		SOLE		0	0	6,845
APOLLO COML REAL EST FIN INC	COM	03762U105	1,029,667	90,960	SH		SOLE		0	0	90,960
APPLE INC	COM	037833100	10,340,153	53,308	SH		SOLE		0	0	53,308
ARBOR REALTY TRUST INC	COM	038923108	756,057	51,016	SH		SOLE		0	0	51,016
ARES CAPITAL CORP	COM	04010L103	1,779,413	94,700	SH		SOLE		0	0	94,700
ASPEN AEROGELS INC	COM	04523Y105	1,972,500	250,000	SH		SOLE		250,000	0	0
BANDWIDTH INC	COM CL A	05988J103	3,898,800	285,000	SH		SOLE		285,000	0	0
BANK AMERICA CORP	COM	060505104	1,250,023	43,570	SH		SOLE		0	0	43,570
BHP GROUP LTD	SPONSORED ADS	088606108	4,873,846	81,680	SH		SOLE		0	0	81,680
BLACKROCK CR ALLOCATION INCO	COM	092508100	336,097	33,113	SH		SOLE		0	0	33,113
BLACKROCK ENHANCED EQUITY DI	COM	09251A104	496,230	59,500	SH		SOLE		0	0	59,500
BLACKROCK LONG-TERM MUN ADVA	COM	09250B103	357,790	37,000	SH		SOLE		0	0	37,000
BLACKROCK MUN INCOME TR	SH BEN INT	09248F109	228,620	23,000	SH		SOLE		0	0	23,000
BLACKROCK MUNI INCOME TR II	COM	09249N101	208,200	20,000	SH		SOLE		0	0	20,000
BLACKROCK MUNIHOLDINGS FD IN	COM	09253N104	197,105	16,948	SH		SOLE		0	0	16,948
BLACKROCK MUNIHOLDINGS QUALI	COM	09254C107	240,905	24,810	SH		SOLE		0	0	24,810
BLACKROCK MUNIVEST FD INC	COM	09253R105	144,695	21,500	SH		SOLE		0	0	21,500
BLACKROCK MUNIYILD QULT FD I	COM	09254F100	462,557	39,979	SH		SOLE		0	0	39,979
BLACKROCK TAX MUNICPAL BD TR	SHS	09248X100	174,195	10,500	SH		SOLE		0	0	10,500
BNY MELLON MUN BD INFRASTRUC	COM SHS	09662W109	780,825	72,500	SH		SOLE		0	0	72,500
BNY MELLON MUN INCOME INC	COM	05589T104	125,800	20,000	SH		SOLE		0	0	20,000
BNY MELLON STRATEGIC MUN BD	COM	09662E109	142,500	25,000	SH		SOLE		0	0	25,000
BNY MELLON STRATEGIC MUNS IN	COM	05588W108	186,600	30,000	SH		SOLE		0	0	30,000
BP PLC	SPONSORED ADR	055622104	274,521	7,779	SH		SOLE		0	0	7,779
BRIGHTCOVE INC	COM	10921T101	2,486,200	620,000	SH		SOLE		620,000	0	0
BRISTOL-MYERS SQUIBB CO	COM	110122108	1,881,921	29,428	SH		SOLE		0	0	29,428
BROADCOM INC	COM	11135F101	5,577,575	6,430	SH		SOLE		0	0	6,430
BRUNSWICK CORP	COM	117043109	2,200,136	25,394	SH		SOLE		23,000	0	2,394
BSQUARE CORP	COM NEW	11776U300	2,061,424	1,585,711	SH		SOLE		1,585,711	0	0
CAESARS ENTERTAINMENT INC NE	COM	12769G100	655,066	12,852	SH		SOLE		0	0	12,852
CALAMOS CONV OPPORTUNITIES &	SH BEN INT	128117108	134,400	12,000	SH		SOLE		0	0	12,000
CALAMOS GBL DYN INCOME FUND	COM	12811L107	66,220	11,000	SH		SOLE		0	0	11,000
CALAMOS STRATEGIC TOTAL RETU	COM SH BEN INT	128125101	781,750	53,000	SH		SOLE		0	0	53,000
CANNAE HLDGS INC	COM	13765N107	5,658,800	280,000	SH		SOLE		280,000	0	0
CATERPILLAR INC	COM	149123101	214,556	872	SH		SOLE		0	0	872
CHIPOTLE MEXICAN GRILL INC	COM	169656105	213,900	100	SH		SOLE		0	0	100
CISCO SYS INC	COM	17275R102	1,217,080	23,523	SH		SOLE		0	0	23,523
CLEVELAND-CLIFFS INC NEW	COM	185899101	167,600	10,000	SH		SOLE		0	0	10,000
COLUMBUS MCKINNON CORP N Y	COM	199333105	4,535,930	111,585	SH		SOLE		111,585	0	0
COPART INC	COM	217204106	729,680	8,000	SH		SOLE		0	0	8,000
D R HORTON INC	COM	23331A109	715,781	5,882	SH		SOLE		0	0	5,882
DISNEY WALT CO	COM	254687106	569,339	6,377	SH		SOLE		0	0	6,377
DOMO INC	COM CL B	257554105	5,131,000	350,000	SH		SOLE		350,000	0	0
DUKE ENERGY CORP NEW	COM NEW	26441C204	496,890	5,537	SH		SOLE		0	0	5,537
DUPONT DE NEMOURS INC	COM	26614N102	211,677	2,963	SH		SOLE		0	0	2,963
EAGLE MATLS INC	COM	26969P108	279,630	1,500	SH		SOLE		0	0	1,500
EATON VANCE TX ADV GLBL DIV	COM	27828S101	392,450	23,500	SH		SOLE		0	0	23,500
EDGIO INC	COM	53261M104	370,700	550,000	SH		SOLE		550,000	0	0
EMCORE CORP	COM NEW	290846203	1,128,877	1,499,970	SH		SOLE		1,499,970	0	0
ENPRO INDS INC	COM	29355X107	2,415,958	18,093	SH		SOLE		18,093	0	0
EOG RES INC	COM	26875P101	471,836	4,123	SH		SOLE		0	0	4,123
EQUIFAX INC	COM	294429105	217,182	923	SH		SOLE		0	0	923
EVENTBRITE INC	COM CL A	29975E109	3,629,000	380,000	SH		SOLE		380,000	0	0
EXXON MOBIL CORP	COM	30231G102	5,286,674	49,293	SH		SOLE		0	0	49,293
FIDELITY NATIONAL FINANCIAL	FNF GROUP COM	31620R303	2,424,672	67,352	SH		SOLE		50,000	0	17,352
FIDUS INVT CORP	COM	316500107	953,501	48,648	SH		SOLE		0	0	48,648
FIRST TR NASDAQ 100 TECH IND	SHS	337345102	206,024	1,400	SH		SOLE		0	0	1,400
FISERV INC	COM	337738108	206,634	1,638	SH		SOLE		0	0	1,638
FLAHERTY & CRUMRINE DYNAMIC	SHS	33848W106	367,562	21,100	SH		SOLE		0	0	21,100
FREEPORT-MCMORAN INC	CL B	35671D857	624,880	15,622	SH		SOLE		0	0	15,622
GRAFTECH INTL LTD	COM	384313508	1,134,000	225,000	SH		SOLE		225,000	0	0
GRANITE PT MTG TR INC	COM STK	38741L107	783,398	147,811	SH		SOLE		0	0	147,811
HERSHA HOSPITALITY TR	PR SHS BEN INT	427825500	2,433,966	399,666	SH		SOLE		399,666	0	0
HOME DEPOT INC	COM	437076102	476,522	1,534	SH		SOLE		0	0	1,534
HONEYWELL INTL INC	COM	438516106	621,048	2,993	SH		SOLE		0	0	2,993
I3 VERTICALS INC	COM CL A	46571Y107	1,657,350	72,500	SH		SOLE		72,500	0	0
ISHARES TR	CONV BD ETF	46435G102	683,880	8,956	SH		SOLE		0	0	8,956
ISHARES TR	IBOXX HI YD ETF	464288513	2,546,149	33,917	SH		SOLE		0	0	33,917
ISHARES TR	PFD AND INCM SEC	464288687	600,042	19,400	SH		SOLE		0	0	19,400
JOHNSON & JOHNSON	COM	478160104	277,908	1,679	SH		SOLE		0	0	1,679
JPMORGAN CHASE & CO	COM	46625H100	992,483	6,824	SH		SOLE		0	0	6,824
KRAFT HEINZ CO	COM	500754106	426,888	12,025	SH		SOLE		0	0	12,025
LADDER CAP CORP	CL A	505743104	918,431	84,648	SH		SOLE		0	0	84,648
LAS VEGAS SANDS CORP	COM	517834107	319,000	5,500	SH		SOLE		0	0	5,500
LIBERTY ENERGY INC	COM CL A	53115L104	2,206,050	165,000	SH		SOLE		165,000	0	0
LIGHTSPEED COMMERCE INC	SUB VTG SHS	53229C107	3,045,600	180,000	SH		SOLE		180,000	0	0
LIVE OAK BANCSHARES INC	COM	53803X105	2,236,350	85,000	SH		SOLE		85,000	0	0
LIVEPERSON INC	COM	538146101	2,665,919	589,805	SH		SOLE		589,805	0	0
LYONDELLBASELL INDUSTRIES N	SHS - A -	N53745100	899,934	9,800	SH		SOLE		0	0	9,800
MARQETA INC	CLASS A COM	57142B104	2,191,500	450,000	SH		SOLE		450,000	0	0
MERCK & CO INC	COM	58933Y105	490,408	4,250	SH		SOLE		0	0	4,250
MICROSOFT CORP	COM	594918104	5,875,337	17,253	SH		SOLE		0	0	17,253
MOLSON COORS BEVERAGE CO	CL B	60871R209	2,732,755	41,506	SH		SOLE		32,500	0	9,006
NEW FORTRESS ENERGY INC	COM CL A	644393100	2,142,400	80,000	SH		SOLE		80,000	0	0
NEXTERA ENERGY INC	COM	65339F101	427,986	5,768	SH		SOLE		0	0	5,768
NORFOLK SOUTHN CORP	COM	655844108	204,084	900	SH		SOLE		0	0	900
NUVEEN AMT FREE MUN CR INC F	COM	67071L106	1,068,198	91,299	SH		SOLE		0	0	91,299
NUVEEN AMT FREE QLTY MUN INC	COM	670657105	1,887,698	172,708	SH		SOLE		0	0	172,708
NUVEEN MUN HIGH INCOME OPPOR	COM	670682103	348,810	33,000	SH		SOLE		0	0	33,000
NUVEEN MUNICIPAL CREDIT INC	COM SH BEN INT	67070X101	751,953	64,490	SH		SOLE		0	0	64,490
NUVEEN PFD & INCOME OPPORTUN	COM	67073B106	160,296	24,737	SH		SOLE		0	0	24,737
NUVEEN PFD & INCOME SECS FD	COM	67072C105	694,680	108,884	SH		SOLE		0	0	108,884
NUVEEN QUALITY MUNCP INCOME	COM	67066V101	797,702	70,781	SH		SOLE		0	0	70,781
NUVEEN S&P 500 BUY-WRITE INC	COM	6706ER101	339,210	25,371	SH		SOLE		0	0	25,371
NUVEEN TAXABLE MUNICPAL INM	COM	67074C103	188,280	12,000	SH		SOLE		0	0	12,000
ONEOK INC NEW	COM	682680103	728,296	11,800	SH		SOLE		0	0	11,800
OPEN LENDING CORP	COM	68373J104	1,786,700	170,000	SH		SOLE		170,000	0	0
ORACLE CORP	COM	68389X105	238,180	2,000	SH		SOLE		0	0	2,000
ORION GROUP HLDGS INC	COM	68628V308	1,131,326	402,607	SH		SOLE		402,607	0	0
OWL ROCK CAPITAL CORPORATION	COM	69121K104	630,995	47,019	SH		SOLE		0	0	47,019
PALO ALTO NETWORKS INC	COM	697435105	574,898	2,250	SH		SOLE		0	0	2,250
PAYSAFE LIMITED	SHS	G6964L206	142,118	14,085	SH		SOLE		0	0	14,085
PEBBLEBROOK HOTEL TR	COM	70509V100	2,091,000	150,000	SH		SOLE		150,000	0	0
PENNYMAC FINL SVCS INC NEW	COM	70932M107	2,538,402	36,103	SH		SOLE		35,000	0	1,103
PFIZER INC	COM	717081103	323,334	8,815	SH		SOLE		0	0	8,815
PIMCO DYNAMIC INCOME FD	SHS	72201Y101	354,450	18,904	SH		SOLE		0	0	18,904
PIMCO DYNAMIC INCOME OPRNTS	COM BEN SHS	69355M107	777,305	59,518	SH		SOLE		0	0	59,518
PIMCO MUN INCOME FD	COM	72200R107	287,840	28,000	SH		SOLE		0	0	28,000
PIMCO MUN INCOME FD II	COM	72200W106	397,760	44,000	SH		SOLE		0	0	44,000
PIMCO MUN INCOME FD III	COM	72201A103	241,500	30,000	SH		SOLE		0	0	30,000
PROCTER AND GAMBLE CO	COM	742718109	1,801,154	11,870	SH		SOLE		0	0	11,870
PROSPECT CAP CORP	COM	74348T102	1,064,652	171,718	SH		SOLE		0	0	171,718
REGIONS FINANCIAL CORP NEW	COM	7591EP100	267,300	15,000	SH		SOLE		0	0	15,000
REPAY HLDGS CORP	COM CL A	76029L100	783,000	100,000	SH		SOLE		100,000	0	0
RITHM CAPITAL CORP	COM NEW	64828T201	369,325	39,500	SH		SOLE		0	0	39,500
ROCKET COS INC	COM CL A	77311W101	213,069	23,780	SH		SOLE		0	0	23,780
SAP SE	SPON ADR	803054204	770,788	5,634	SH		SOLE		0	0	5,634
SARATOGA INVT CORP	COM NEW	80349A208	1,286,883	47,680	SH		SOLE		0	0	47,680
SCHLUMBERGER LTD	COM STK	806857108	1,329,580	27,068	SH		SOLE		0	0	27,068
SECUREWORKS CORP	CL A	81374A105	1,518,300	210,000	SH		SOLE		210,000	0	0
SELECT SECTOR SPDR TR	TECHNOLOGY	81369Y803	206,893	1,190	SH		SOLE		0	0	1,190
SELECT WATER SOLUTIONS INC	CL A COM	81617J301	1,954,530	241,300	SH		SOLE		241,300	0	0
SHELL PLC	SPON ADS	780259305	5,261,091	87,133	SH		SOLE		47,500	0	39,633
SIMON PPTY GROUP INC NEW	COM	828806109	829,608	7,184	SH		SOLE		0	0	7,184
SMARTSHEET INC	COM CL A	83200N103	214,906	5,617	SH		SOLE		0	0	5,617
SOUTHWESTERN ENERGY CO	COM	845467109	495,224	82,400	SH		SOLE		0	0	82,400
SPDR S&P 500 ETF TR	TR UNIT	78462F103	801,450	1,808	SH		SOLE		0	0	1,808
SSGA ACTIVE ETF TR	BLACKSTONE SENR	78467V608	1,952,733	46,638	SH		SOLE		0	0	46,638
STARBUCKS CORP	COM	855244109	585,346	5,909	SH		SOLE		0	0	5,909
STARWOOD PPTY TR INC	COM	85571B105	550,223	28,362	SH		SOLE		0	0	28,362
STRYKER CORPORATION	COM	863667101	283,124	928	SH		SOLE		0	0	928
TEXAS CAP BANCSHARES INC	COM	88224Q107	772,500	15,000	SH		SOLE		15,000	0	0
TEXAS INSTRS INC	COM	882508104	478,313	2,657	SH		SOLE		0	0	2,657
TOPGOLF CALLAWAY BRANDS CORP	COM	131193104	3,473,750	175,000	SH		SOLE		175,000	0	0
TRIPADVISOR INC	COM	896945201	824,500	50,000	SH		SOLE		50,000	0	0
TWILIO INC	CL A	90138F102	1,272,400	20,000	SH		SOLE		20,000	0	0
TYLER TECHNOLOGIES INC	COM	902252105	233,223	560	SH		SOLE		0	0	560
UNION PAC CORP	COM	907818108	411,082	2,009	SH		SOLE		0	0	2,009
UPLAND SOFTWARE INC	COM	91544A109	2,376,122	660,034	SH		SOLE		660,034	0	0
VACASA INC	CLASS A COM	91854V107	1,050,454	1,548,201	SH		SOLE		1,548,201	0	0
VAIL RESORTS INC	COM	91879Q109	208,709	829	SH		SOLE		0	0	829
VANGUARD SCOTTSDALE FDS	LG-TERM COR BD	92206C813	1,685,573	21,475	SH		SOLE		0	0	21,475
VERISK ANALYTICS INC	COM	92345Y106	395,779	1,751	SH		SOLE		0	0	1,751
VERITEX HLDGS INC	COM	923451108	502,040	28,000	SH		SOLE		0	0	28,000
VERIZON COMMUNICATIONS INC	COM	92343V104	895,907	24,090	SH		SOLE		0	0	24,090
VERRA MOBILITY CORP	CL A COM STK	92511U102	2,958,000	150,000	SH		SOLE		150,000	0	0
VERTEX INC	CL A	92538J106	4,592,309	235,503	SH		SOLE		235,503	0	0
VICI PPTYS INC	COM	925652109	1,401,778	44,600	SH		SOLE		0	0	44,600
VIMEO INC	COMMON STOCK	92719V100	3,296,000	800,000	SH		SOLE		800,000	0	0
VISA INC	COM CL A	92826C839	616,736	2,597	SH		SOLE		0	0	2,597
WATSCO INC	COM	942622200	268,173	703	SH		SOLE		0	0	703
WESTERN ALLIANCE BANCORP	COM	957638109	1,458,800	40,000	SH		SOLE		40,000	0	0
YEXT INC	COM	98585N106	1,131,000	100,000	SH		SOLE		100,000	0	0
ZUORA INC	COM CL A	98983V106	3,565,250	325,000	SH		SOLE		325,000	0	0