Foundry Partners 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
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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
ALPINE INCOME	REIT	02083X103	2,750,935	180,035	SH		SOLE		63,645	0	116,390
APPLE HOSPITALITY REIT	REIT	03784Y200	5,695,604	347,717	SH		SOLE		347,717	0	0
BROADSTONE NET LEASE INC	REIT	11135E203	291,274	18,588	SH		SOLE		9,578	0	9,010
COMMUNITY HEALTHCARE TRUST	REIT	20369C106	3,504,069	131,980	SH		SOLE		45,380	0	86,600
CORECIVIC INC	REIT	21871N101	8,277,000	530,237	SH		SOLE		530,237	0	0
EMPIRE STATE REALTY TRUST INC	REIT	292104106	6,634,451	654,931	SH		SOLE		654,931	0	0
ESSENTIAL PROPERTIES REALTY	REIT	29670E107	422,054	15,831	SH		SOLE		8,346	0	7,485
NEWMARK GROUP INC	REIT	65158N102	8,852,726	798,262	SH		SOLE		798,262	0	0
POSTAL REALTY TRUST	REIT	73757R102	4,750,388	331,731	SH		SOLE		117,245	0	214,486
SIMON PROPERTY GROUP INC	REIT	828806109	27,041,003	172,797	SH		SOLE		116,677	0	56,120
W P CAREY INC	REIT	92936U109	8,996,423	159,398	SH		SOLE		108,798	0	50,600
WHITESTONE REIT	REIT	966084204	11,911,330	949,110	SH		SOLE		679,012	0	270,098
ABBVIE INC	COM	00287Y109	506,238	2,780	SH		SOLE		0	0	2,780
ACCO BRANDS CORP	COM	00081T108	3,760,321	670,289	SH		SOLE		238,009	0	432,280
ACCURAY INC	COM	004397105	3,616,413	1,464,135	SH		SOLE		516,755	0	947,380
ADEIA INC	COM	00676P107	6,294,517	576,421	SH		SOLE		576,421	0	0
ADIENT PLC	COM	G0084W101	3,947,701	119,918	SH		SOLE		119,918	0	0
AES CORP	COM	00130H105	16,825,620	938,406	SH		SOLE		631,701	0	306,705
AGILENT TECHNOLOGIES INC	COM	00846U101	341,512	2,347	SH		SOLE		0	0	2,347
ALAMOS GOLD INC	COM	011532108	7,323,168	496,486	SH		SOLE		480,531	0	15,955
ALBERTSONS COMPANIES	COM	013091103	235,197	10,970	SH		SOLE		0	0	10,970
ALKERMES PLC	COM	G01767105	3,856,690	142,471	SH		SOLE		137,206	0	5,265
ALLEGIANT TRAVEL	COM	01748X102	308,135	4,097	SH		SOLE		2,152	0	1,945
ALLISON TRANS HOLDINGS	COM	01973R101	7,682,849	94,663	SH		SOLE		94,663	0	0
ALPHABET INC A	COM	02079K305	799,929	5,300	SH		SOLE		0	0	5,300
ALTA EQUIPMENT GROUP	COM	02128L106	3,806,199	293,915	SH		SOLE		104,470	0	189,445
ALTISOURCE PORFOLIO SOLUTIONS	COM	L0175J104	1,197,512	617,274	SH		SOLE		218,053	0	399,221
ALTRIA GROUP	COM	02209S103	22,097,325	506,587	SH		SOLE		338,017	0	168,570
AMAZON.COM	COM	023135106	443,735	2,460	SH		SOLE		0	0	2,460
AMERANT BANCORP	COM	023576101	3,085,110	132,465	SH		SOLE		46,810	0	85,655
AMERICAN PUBLIC EDUCATION	COM	02913V103	6,461,043	455,003	SH		SOLE		160,629	0	294,374
AMERICAN SOFTWARE A	COM	029683109	3,851,780	336,400	SH		SOLE		118,830	0	217,570
AMERIPRISE FINANCIAL	COM	03076C106	36,892,534	84,145	SH		SOLE		56,390	0	27,755
AMERISAFE INC	COM	03071H100	4,350,993	86,725	SH		SOLE		30,600	0	56,125
AMPHENOL CORP-CL A	COM	032095101	707,442	6,133	SH		SOLE		0	0	6,133
AMPLIFY ENERGY CORP	COM	03212B103	3,785,448	572,685	SH		SOLE		201,965	0	370,720
APPLE INC	COM	037833100	719,359	4,195	SH		SOLE		0	0	4,195
APPLIED MATERIALS INC	COM	038222105	20,888,624	101,288	SH		SOLE		69,148	0	32,140
ARISTA NETWORKS INC	COM	040413106	548,352	1,891	SH		SOLE		0	0	1,891
ARTESIAN RESOURCES CORP	COM	043113208	4,422,028	119,160	SH		SOLE		41,715	0	77,445
ASBURY AUTOMOTIVE GROUP	COM	043436104	4,960,811	21,040	SH		SOLE		21,040	0	0
ASSOCIATED BANC CORP	COM	045487105	7,080,490	329,172	SH		SOLE		325,412	0	3,760
AUTOLIV INC	COM	052800109	19,254,469	159,881	SH		SOLE		109,166	0	50,715
AVANOS MEDICAL	COM	05350V106	3,250,407	163,255	SH		SOLE		56,100	0	107,155
AXIS CAPITAL HOLDINGS LTD	COM	G0692U109	5,578,911	85,803	SH		SOLE		85,803	0	0
AXOS FINANCIAL INC	COM	05465C100	295,221	5,463	SH		SOLE		3,033	0	2,430
AXT INC	COM	00246W103	1,254,378	273,285	SH		SOLE		96,345	0	176,940
B&G FOODS INC	COM	05508R106	2,803,372	245,050	SH		SOLE		83,925	0	161,125
BANC OF CALIFORNIA	COM	05990K106	4,844,765	318,525	SH		SOLE		110,160	0	208,365
BANK OF NEW YORK MELLON	COM	064058100	19,598,463	340,133	SH		SOLE		232,223	0	107,910
BANK OZK	COM	06417N103	4,293,788	94,452	SH		SOLE		94,452	0	0
BANNER CORP	COM	06652V208	293,664	6,118	SH		SOLE		3,403	0	2,715
BAR HARBOR BANKSHARES	COM	066849100	2,510,172	94,795	SH		SOLE		33,250	0	61,545
BARRETT BUSINESS SVCS INC	COM	068463108	5,753,088	45,400	SH		SOLE		16,015	0	29,385
BEAZER HOMES USA	COM	07556Q881	5,372,804	163,805	SH		SOLE		57,850	0	105,955
BENCHMARK ELECTRONICS	COM	08160H101	4,823,657	160,735	SH		SOLE		55,440	0	105,295
BERRY CORP	COM	08579X101	6,374,288	791,837	SH		SOLE		791,837	0	0
BLOOMIN' BRANDS INC	COM	094235108	7,004,172	244,218	SH		SOLE		244,218	0	0
BRIDGEWATER BANCSHARES	COM	108621103	765,330	65,750	SH		SOLE		23,085	0	42,665
BRINKER INTERNATIONAL INC	COM	109641100	445,033	8,958	SH		SOLE		5,053	0	3,905
BROADCOM INC	COM	11135F101	516,910	390	SH		SOLE		0	0	390
BROWN & BROWN INC COM	COM	115236101	268,835	3,071	SH		SOLE		0	0	3,071
CADENCE DESIGN SYS INC	COM	127387108	590,809	1,898	SH		SOLE		0	0	1,898
CARLISLE COS INC	COM	142339100	213,166	544	SH		SOLE		0	0	544
CARPENTER TECHNOLOGY	COM	144285103	416,236	5,828	SH		SOLE		2,868	0	2,960
CARTER INC COM	COM	146229109	378,689	4,472	SH		SOLE		2,507	0	1,965
CASS INFORMATION SYS COM	COM	14808P109	5,327,602	110,600	SH		SOLE		38,860	0	71,740
CATERPILLAR INC	COM	149123101	29,256,504	79,842	SH		SOLE		53,612	0	26,230
CECO ENVIRONMENTAL	COM	125141101	3,400,629	147,725	SH		SOLE		52,205	0	95,520
CELESTICA INC SUB VTG SHS	COM	15101Q108	3,348,974	74,521	SH		SOLE		74,521	0	0
CENTURY CASINOS INC	COM	156492100	1,536,266	486,160	SH		SOLE		172,030	0	314,130
CHESAPEAKE ENERGY CORP	COM	165167735	17,625,204	198,415	SH		SOLE		135,495	0	62,920
CHEVRON CORP	COM	166764100	26,489,751	167,933	SH		SOLE		112,898	0	55,035
CHIPOTLE MEXICAN GRILL	COM	169656105	363,346	125	SH		SOLE		0	0	125
CHORD ENERGY	COM	674215207	6,815,006	38,235	SH		SOLE		38,235	0	0
CIGNA CORP	COM	125523100	17,344,138	47,755	SH		SOLE		32,610	0	15,145
CITIGROUP INC	COM	172967424	41,971,503	663,686	SH		SOLE		453,146	0	210,540
CIVITAS RESOURCES	COM	17888H103	348,958	4,597	SH		SOLE		2,467	0	2,130
CLIMB GLOBAL SOLUTIONS	COM	946760105	2,537,150	35,795	SH		SOLE		12,645	0	23,150
COCA-COLA EUROPACIFIC	COM	G25839104	14,878,575	212,703	SH		SOLE		145,148	0	67,555
COCA COLA CONSOLIDATED	COM	191098102	5,797,908	6,850	SH		SOLE		6,850	0	0
COHU INC	COM	192576106	334,067	10,023	SH		SOLE		5,128	0	4,895
COLUMBUS MCKINNON	COM	199333105	5,428,124	121,625	SH		SOLE		42,125	0	79,500
COMCAST CORP-CLASS A	COM	20030N101	21,784,632	502,529	SH		SOLE		339,979	0	162,550
COMSTOCK RESOURCES INC	COM	205768302	4,357,071	469,512	SH		SOLE		469,512	0	0
CONSTELLATION ENERGY	COM	21037T109	8,959,310	48,468	SH		SOLE		33,093	0	15,375
COPA HOLDINGS A	COM	P31076105	4,398,989	42,233	SH		SOLE		42,233	0	0
COVENANT LOGISTICS	COM	22284P105	3,793,639	81,830	SH		SOLE		81,830	0	0
CRA INTERNATIONAL	COM	12618T105	6,936,772	46,375	SH		SOLE		16,505	0	29,870
CRANE NXT CO	COM	224441105	8,653,125	139,792	SH		SOLE		135,902	0	3,890
CRAWFORD & COMPANY CLASS A	COM	224633206	1,486,027	157,585	SH		SOLE		55,350	0	102,235
CROSS COUNTRY HEALTH	COM	227483104	5,207,361	278,171	SH		SOLE		232,151	0	46,020
DANAOS CORP	COM	Y1968P121	6,273,675	86,893	SH		SOLE		86,893	0	0
DARDEN RESTAURANTS INC	COM	237194105	10,345,916	61,896	SH		SOLE		40,891	0	21,005
DELTA AIRLINES	COM	247361702	33,202,728	693,602	SH		SOLE		469,577	0	224,025
DEXCOM INC	COM	252131107	440,095	3,173	SH		SOLE		0	0	3,173
DIME COMMUNITY BANCSHARES	COM	25432X102	3,956,177	205,409	SH		SOLE		70,811	0	134,598
DOMINO'S PIZZA INC	COM	25754A201	235,024	473	SH		SOLE		0	0	473
DONEGAL GROUP INC - CL A	COM	257701201	3,470,522	245,440	SH		SOLE		86,505	0	158,935
DR HORTON INC	COM	23331A109	281,051	1,708	SH		SOLE		0	0	1,708
DRIL-QUIP INC	COM	262037104	3,570,780	158,490	SH		SOLE		55,130	0	103,360
DUCOMMUN INC	COM	264147109	6,319,750	123,192	SH		SOLE		42,504	0	80,688
DUKE ENERGY CORP	COM	26441C204	29,221,700	302,158	SH		SOLE		204,878	0	97,280
EDWARDS LIFESCIENCES CORP	COM	28176E108	339,238	3,550	SH		SOLE		0	0	3,550
ELEVANCE HEALTH, INC	COM	036752103	21,486,223	41,436	SH		SOLE		28,231	0	13,205
ELTEK LTD	COM	M40184208	1,380,302	123,905	SH		SOLE		43,801	0	80,104
EMERSON ELECTRIC CO	COM	291011104	21,350,634	188,244	SH		SOLE		126,109	0	62,135
ENACT HOLDINGS INC	COM	29249E109	4,353,663	139,630	SH		SOLE		139,630	0	0
ENERPAC TOOL GROUP CORP	COM	292765104	225,549	6,325	SH		SOLE		0	0	6,325
ENERPLUS CORPORATION	COM	292766102	5,434,181	276,408	SH		SOLE		266,108	0	10,300
ENOVA HOLDINGS INC	COM	29357K103	9,639,818	153,427	SH		SOLE		153,427	0	0
ENTEGRIS INC	COM	29362U104	224,583	1,598	SH		SOLE		0	0	1,598
ENTERGY CORP	COM	29364G103	291,148	2,755	SH		SOLE		0	0	2,755
ENTERPRISE FINANCIAL SERVICES	COM	293712105	274,145	6,759	SH		SOLE		3,939	0	2,820
EOG RESOURCES	COM	26875P101	324,074	2,535	SH		SOLE		0	0	2,535
EQUITY BANCSHARES	COM	29460X109	364,322	10,600	SH		SOLE		3,747	0	6,853
FAIR ISAAC CORP	COM	303250104	639,800	512	SH		SOLE		0	0	512
FEDERAL AGRIC MTG C	COM	313148306	7,427,298	37,725	SH		SOLE		13,115	0	24,610
FEDERATED HERMES INC CLASS B	COM	314211103	271,622	7,520	SH		SOLE		0	0	7,520
FIRST BANCORP INC ME	COM	31866P102	1,300,622	52,785	SH		SOLE		18,630	0	34,155
FIRST BANK	COM	31931U102	1,168,930	85,075	SH		SOLE		29,855	0	55,220
FIRST FINANCIAL	COM	320218100	2,029,190	52,940	SH		SOLE		18,625	0	34,315
FIRST INTERNET BANC	COM	320557101	3,378,291	97,245	SH		SOLE		34,585	0	62,660
FIVE BELOW	COM	33829M101	225,637	1,244	SH		SOLE		0	0	1,244
FOOT LOCKER INC	COM	344849104	244,843	8,591	SH		SOLE		3,646	0	4,945
FORTINET INC	COM	34959E109	292,025	4,275	SH		SOLE		0	0	4,275
GENCO SHIPPING & TRADING LTD	COM	Y2685T131	3,812,180	187,515	SH		SOLE		65,180	0	122,335
GENERAC HOLDINGS INC	COM	368736104	241,684	1,916	SH		SOLE		0	0	1,916
GENWORTH FINANCIAL INC-CL A	COM	37247D106	5,148,687	800,729	SH		SOLE		800,729	0	0
GILAT SATELLITE NETWORKS LTD	COM	M51474118	3,521,409	648,510	SH		SOLE		229,110	0	419,400
GILEAD SCIENCES	COM	375558103	14,706,988	200,778	SH		SOLE		137,053	0	63,725
GLOBAL SHIP LEASE INC CL A	COM	Y27183600	6,404,000	315,468	SH		SOLE		114,143	0	201,325
GOLDMAN SACHS	COM	38141G104	18,734,232	44,852	SH		SOLE		29,947	0	14,905
GRAPHIC PACKAGING CORP COM	COM	388689101	269,185	9,225	SH		SOLE		0	0	9,225
GROUP 1 AUTOMOTIVE INC	COM	398905109	7,834,102	26,808	SH		SOLE		26,808	0	0
GUESS INC	COM	401617105	9,048,758	287,536	SH		SOLE		287,536	0	0
H&E EQUIPMENT SERVICES INC	COM	404030108	5,686,541	88,603	SH		SOLE		85,488	0	3,115
HANCOCK WHITNEY CORP	COM	410120109	9,295,062	201,891	SH		SOLE		200,256	0	1,635
HARTFORD FINANCIAL SERVICES	COM	416515104	24,360,917	236,399	SH		SOLE		161,384	0	75,015
HAWKINS INC	COM	420261109	3,975,859	51,769	SH		SOLE		18,170	0	33,599
HEALTHCARE SVCS GP	COM	421906108	3,376,651	270,565	SH		SOLE		93,000	0	177,565
HELIX ENERGY SOLUTIONS	COM	42330P107	6,343,134	585,160	SH		SOLE		206,725	0	378,435
HERBALIFE LTD	COM	G4412G101	104,972	10,445	SH		SOLE		0	0	10,445
HILLENBRAND INC	COM	431571108	8,312,384	165,289	SH		SOLE		159,489	0	5,800
HOME DEPOT INC	COM	437076102	550,466	1,435	SH		SOLE		0	0	1,435
HOMETRUST BANCSHARES	COM	437872104	2,254,730	82,470	SH		SOLE		28,930	0	53,540
HOOKER FURNISHINGS CORP	COM	439038100	869,042	36,195	SH		SOLE		12,795	0	23,400
HORIZON BANCORP INC	COM	440407104	952,204	74,217	SH		SOLE		26,158	0	48,059
HOVNANIAN ENTERPRISES CL A	COM	442487401	4,259,195	27,139	SH		SOLE		27,139	0	0
HOWMET AEROSPACE	COM	443201108	412,496	6,028	SH		SOLE		0	0	6,028
HP INC	COM	40434L105	315,043	10,425	SH		SOLE		0	0	10,425
HUBSPOT INC	COM	443573100	226,188	361	SH		SOLE		0	0	361
HUDBAY MINERALS INC	COM	443628102	8,189,447	1,169,921	SH		SOLE		1,169,921	0	0
HUDSON TECHNOLOGIES COM	COM	444144109	7,443,839	676,098	SH		SOLE		505,388	0	170,710
HUNTINGTON BANCSHARES INC	COM	446150104	12,163,563	871,940	SH		SOLE		595,270	0	276,670
IDEXX LABORATORIES INC	COM	45168D104	437,343	810	SH		SOLE		0	0	810
IDT CORP CL B	COM	448947507	5,329,698	140,960	SH		SOLE		48,840	0	92,120
IMAX CORP	COM	45245E109	2,006,454	124,085	SH		SOLE		43,830	0	80,255
INDEPENDENT BANK MI	COM	453838609	5,364,187	211,605	SH		SOLE		74,790	0	136,815
INGREDION INC	COM	457187102	286,282	2,450	SH		SOLE		0	0	2,450
INSPIRED ENTERTAINMENT	COM	45782N108	3,669,350	372,145	SH		SOLE		131,985	0	240,160
INTEGER HOLDINGS CORP	COM	45826H109	467,537	4,007	SH		SOLE		2,137	0	1,870
INTL BUSINESS MACHINES CORP	COM	459200101	20,012,035	104,797	SH		SOLE		69,597	0	35,200
IRONWOOOD PHARMA CL A	COM	46333X108	2,095,391	240,573	SH		SOLE		240,573	0	0
JABIL INC	COM	466313103	9,742,317	72,731	SH		SOLE		49,661	0	23,070
JOHNSON & JOHNSON	COM	478160104	24,498,094	154,865	SH		SOLE		103,808	0	51,057
JPMORGAN CHASE	COM	46625H100	49,578,456	247,521	SH		SOLE		166,291	0	81,230
KB HOME	COM	48666K109	7,353,375	103,744	SH		SOLE		101,174	0	2,570
KELLY SERVICES INC -A	COM	488152208	3,779,037	150,920	SH		SOLE		53,305	0	97,615
KEMPER CORP	COM	488401100	403,161	6,511	SH		SOLE		3,311	0	3,200
KENVUE	COM	49177J102	10,907,066	508,251	SH		SOLE		342,521	0	165,730
KEYSIGHT TECHNOLOGIES	COM	49338L103	273,978	1,752	SH		SOLE		0	0	1,752
KIMBALL ELECTRONICS	COM	49428J109	4,269,921	197,225	SH		SOLE		69,670	0	127,555
KLA CORP	COM	482480100	302,481	433	SH		SOLE		0	0	433
KROGER CO	COM	501044101	18,404,201	322,146	SH		SOLE		215,246	0	106,900
LAKELAND BANCORP	COM	511637100	2,683,840	221,805	SH		SOLE		78,415	0	143,390
LAM RESEARCH CORP	COM	512807108	359,481	370	SH		SOLE		0	0	370
LANDSEA HOMES CORP	COM	51509P103	6,960,306	479,030	SH		SOLE		166,855	0	312,175
LENNAR CORP-A	COM	526057104	18,353,534	106,719	SH		SOLE		72,879	0	33,840
LENNOX INTL INC	COM	526107107	402,738	824	SH		SOLE		0	0	824
LIBERTY ENERGY INC	COM	53115L104	4,331,640	209,056	SH		SOLE		202,286	0	6,770
LKQ CORP	COM	501889208	8,227,063	154,036	SH		SOLE		105,171	0	48,865
LULULEMON ATHLETICA INC	COM	550021109	541,832	1,387	SH		SOLE		0	0	1,387
LYONDELLBASELL INDU-CL A	COM	N53745100	22,846,284	223,370	SH		SOLE		151,400	0	71,970
MEDTRONIC PLC	COM	G5960L103	14,297,045	164,051	SH		SOLE		112,051	0	52,000
MERCK & CO	COM	58933Y105	16,899,628	128,076	SH		SOLE		87,456	0	40,620
META PLATFORMS INC	COM	30303M102	441,878	910	SH		SOLE		0	0	910
MGIC INVT CORP WIS	COM	552848103	8,491,098	379,745	SH		SOLE		379,745	0	0
MICROSOFT CORP	COM	594918104	1,194,845	2,840	SH		SOLE		0	0	2,840
MIDDLESEX WATER CO COM	COM	596680108	2,961,000	56,400	SH		SOLE		19,925	0	36,475
MINERALS TECHNOLOGIES INC	COM	603158106	7,798,857	103,598	SH		SOLE		101,688	0	1,910
MISTRAS GROUP	COM	60649T107	3,642,465	381,011	SH		SOLE		134,438	0	246,573
MOLSON COORS BEVERAGE - CL B	COM	60871R209	4,984,099	74,113	SH		SOLE		50,618	0	23,495
MONOLITHIC POWER SYSTEMS	COM	609839105	353,613	522	SH		SOLE		0	0	522
MOOG INC CL A	COM	615394202	4,873,316	30,525	SH		SOLE		29,170	0	1,355
MSCI INC	COM	55354G100	319,456	570	SH		SOLE		0	0	570
MURPHY OIL CORP	COM	626717102	6,562,109	143,591	SH		SOLE		143,591	0	0
MYERS INDS INC	COM	628464109	2,964,323	127,938	SH		SOLE		44,542	0	83,396
NATIONAL FUEL GAS CO	COM	636180101	10,561,137	196,596	SH		SOLE		196,596	0	0
NATIONAL HEALTHCARE COM	COM	635906100	5,121,969	54,195	SH		SOLE		18,780	0	35,415
NATURAL GROCERS	COM	63888U108	4,765,200	264,000	SH		SOLE		93,107	0	170,893
NEWMONT MINING CORP	COM	651639106	7,606,072	212,223	SH		SOLE		144,843	0	67,380
NORTHEAST BANCORP	COM	66405S100	4,117,573	74,405	SH		SOLE		26,462	0	47,943
NORTHWEST PIPE	COM	667746101	6,055,301	174,605	SH		SOLE		61,680	0	112,925
NORTHWESTERN ENERGY GROUP	COM	668074305	362,316	7,114	SH		SOLE		4,269	0	2,845
NVE CORP	COM	629445206	3,209,055	35,585	SH		SOLE		12,590	0	22,995
NVIDIA CORP	COM	67066G104	754,473	835	SH		SOLE		0	0	835
O'REILLY AUTOMOTIVE INC	COM	67103H107	371,402	329	SH		SOLE		0	0	329
OCEANEERING INTL INC	COM	675232102	308,927	13,202	SH		SOLE		8,002	0	5,200
OCEANFIRST FINL CORP	COM	675234108	222,224	13,542	SH		SOLE		7,792	0	5,750
OIL-DRI CORP OF AMERICA	COM	677864100	5,139,495	68,931	SH		SOLE		24,326	0	44,605
OLD DOMINION FREIGHT	COM	679580100	350,896	1,600	SH		SOLE		0	0	1,600
OLD NATIONAL BANCORP	COM	680033107	9,304,983	534,462	SH		SOLE		527,407	0	7,055
ON SEMICONDUCTOR CORP	COM	682189105	281,255	3,824	SH		SOLE		0	0	3,824
ORACLE CORPORATION	COM	68389X105	13,640,492	108,594	SH		SOLE		71,069	0	37,525
OSHKOSH CORP	COM	688239201	7,788,763	62,455	SH		SOLE		62,455	0	0
PACKAGING CORP OF AMERICA	COM	695156109	11,545,456	60,836	SH		SOLE		41,551	0	19,285
PAN AMERICAN SILVER CORP	COM	697900108	3,734,954	247,676	SH		SOLE		247,676	0	0
PATTERSON COS INC	COM	703395103	332,740	12,034	SH		SOLE		6,544	0	5,490
PBF ENERGY INC-CLASS A	COM	69318G106	5,995,685	104,146	SH		SOLE		104,146	0	0
PEOPLES BANCORP INC	COM	709789101	4,036,642	136,327	SH		SOLE		48,088	0	88,239
PERMIAN RESOURCES CORP	COM	71424F105	271,823	15,392	SH		SOLE		0	0	15,392
PHILLIPS 66	COM	718546104	17,387,053	106,447	SH		SOLE		72,692	0	33,755
PHOTRONICS	COM	719405102	7,024,889	248,054	SH		SOLE		248,054	0	0
PREMIER FINANCIAL CORP	COM	74052F108	3,535,955	174,185	SH		SOLE		60,270	0	113,915
PRESTIGE CONSUMER HEALTH	COM	74112D101	445,301	6,137	SH		SOLE		3,367	0	2,770
PRIMIS FINANCIAL CORP	COM	74167B109	4,238,689	348,290	SH		SOLE		122,985	0	225,305
PRIMO WATER CORP	COM	74167P108	4,573,533	251,155	SH		SOLE		251,155	0	0
PRIMORIS SERVICES CORP	COM	74164F103	7,945,690	186,650	SH		SOLE		186,650	0	0
PRUDENTIAL FINANCIAL	COM	744320102	44,109,880	375,723	SH		SOLE		252,733	0	122,990
QUALCOMM INC	COM	747525103	12,831,247	75,790	SH		SOLE		51,750	0	24,040
RANGER ENERGY SERVICES INC	COM	75282U104	3,392,589	300,495	SH		SOLE		103,855	0	196,640
REPLIGEN CORP	COM	759916109	208,749	1,135	SH		SOLE		0	0	1,135
RESIDEO TECHNOLOGIES INC	COM	76118Y104	5,308,473	236,774	SH		SOLE		236,774	0	0
ROCKWELL AUTOMATION	COM	773903109	307,062	1,054	SH		SOLE		0	0	1,054
RTX CORP	COM	75513E101	9,949,133	102,011	SH		SOLE		69,666	0	32,345
SANDY SPRING BANCORP COM	COM	800363103	6,208,276	267,829	SH		SOLE		267,829	0	0
SANMINA SCI CORP	COM	801056102	7,766,655	124,906	SH		SOLE		124,906	0	0
SAPIENS INTERNATIONAL CORP	COM	G7T16G103	4,187,554	130,210	SH		SOLE		130,210	0	0
SCIENCE APPLICATIONS INTL	COM	808625107	5,915,403	45,367	SH		SOLE		45,367	0	0
SCORPIO TANKERS INC	COM	Y7542C130	7,340,601	102,594	SH		SOLE		102,594	0	0
SELECT MEDICAL HOLDINGS	COM	81619Q105	10,064,854	333,826	SH		SOLE		327,486	0	6,340
SENECA FOODS CORP	COM	817070501	3,861,803	67,870	SH		SOLE		23,965	0	43,905
SENSATA TECHNOLOGIES HOLDING	COM	G8060N102	4,416,368	120,206	SH		SOLE		120,206	0	0
SHOE CARNIVAL	COM	824889109	5,521,465	150,695	SH		SOLE		52,450	0	98,245
SHYFT GROUP INC	COM	825698103	3,010,794	242,415	SH		SOLE		85,655	0	156,760
SIERRA BANCORP	COM	82620P102	3,038,383	150,415	SH		SOLE		53,170	0	97,245
SILVERBOW RESOURCES	COM	82836G102	5,153,945	150,965	SH		SOLE		53,315	0	97,650
SILVERCREST METALS	COM	828363101	4,168,061	625,835	SH		SOLE		217,275	0	408,560
SM ENERGY CO	COM	78454L100	5,100,004	102,307	SH		SOLE		98,832	0	3,475
SMART GLOBAL HOLDINGS	COM	G8232Y101	11,185,500	424,981	SH		SOLE		288,211	0	136,770
SMARTFINANCIAL INC	COM	83190L208	3,178,831	150,870	SH		SOLE		53,155	0	97,715
SNAP-ON INC	COM	833034101	17,715,141	59,804	SH		SOLE		40,839	0	18,965
SOLARWINDS CORP	COM	83417Q204	6,114,655	484,521	SH		SOLE		484,521	0	0
SONOCO PRODUCTS CO	COM	835495102	5,433,490	93,940	SH		SOLE		93,940	0	0
SPARTANNASH	COM	847215100	2,463,195	121,880	SH		SOLE		42,190	0	79,690
SPOK HOLDINGS	COM	84863T106	6,969,671	436,970	SH		SOLE		153,795	0	283,175
STAGWELL INC	COM	85256A109	5,667,477	911,170	SH		SOLE		911,170	0	0
STANDARD MOTOR PRODUCTS	COM	853666105	4,647,346	138,520	SH		SOLE		48,635	0	89,885
SUBURBAN PROPANE L P UNIT LTD	COM	864482104	4,292,568	210,111	SH		SOLE		210,111	0	0
SYNOPSYS INC	COM	871607107	365,760	640	SH		SOLE		0	0	640
TETRA TECHNOLOGIES INC	COM	88162F105	3,563,270	804,350	SH		SOLE		284,170	0	520,180
TIMKEN CO	COM	887389104	8,493,650	97,148	SH		SOLE		97,148	0	0
TURNING POINT BRANDS	COM	90041L105	6,363,667	217,190	SH		SOLE		79,145	0	138,045
TUTOR PERINI CORP	COM	901109108	9,037,196	624,979	SH		SOLE		223,589	0	401,390
UFP INDUSTRIES INC	COM	90278Q108	4,810,552	39,107	SH		SOLE		36,992	0	2,115
ULTA BEAUTY INC	COM	90384S303	241,048	461	SH		SOLE		0	0	461
UNITED FIRE GROUP	COM	910340108	2,284,870	104,955	SH		SOLE		37,005	0	67,950
UNITED HEALTH GROUP	COM	91324P102	254,770	515	SH		SOLE		0	0	515
UNITED RENTALS INC	COM	911363109	31,664,661	43,911	SH		SOLE		29,590	0	14,321
UNITIL CORP	COM	913259107	5,953,242	113,720	SH		SOLE		39,540	0	74,180
UNIVERSAL HEALTH SERVICES B	COM	913903100	17,964,099	98,455	SH		SOLE		66,000	0	32,455
UNIVERSAL STAINLESS	COM	913837100	4,302,510	191,905	SH		SOLE		67,680	0	124,225
VAALCO ENERGY INC	COM	91851C201	6,846,979	982,350	SH		SOLE		347,055	0	635,295
VECTOR GROUP LTD	COM	92240M108	173,168	15,800	SH		SOLE		0	0	15,800
VEECO INSTRUMENTS INC	COM	922417100	202,579	5,760	SH		SOLE		0	0	5,760
VERISK ANALYTICS A	COM	92345Y106	268,732	1,140	SH		SOLE		0	0	1,140
VERIZON COMM INC	COM	92343V104	33,681,124	802,696	SH		SOLE		541,911	0	260,785
VERMILION ENERGY	COM	923725105	5,241,432	421,337	SH		SOLE		421,337	0	0
VICTORY CAPITAL HOLDING	COM	92645B103	231,668	5,460	SH		SOLE		0	0	5,460
VISHAY INTERTECHNOLOGY INC	COM	928298108	8,218,552	362,370	SH		SOLE		354,580	0	7,790
VISHAY PRECISION GROUP	COM	92835K103	4,423,316	125,200	SH		SOLE		44,185	0	81,015
VISTEON CORP COM	COM	92839U206	243,453	2,070	SH		SOLE		0	0	2,070
WAFD INC	COM	938824109	7,595,874	261,656	SH		SOLE		204,329	0	57,327
WARRIOR MET COAL INC	COM	93627C101	5,635,327	92,839	SH		SOLE		92,839	0	0
WATERSTONE FINANCIAL INC	COM	94188P101	1,969,836	161,860	SH		SOLE		56,850	0	105,010
WILLIAMS-SONOMA INC	COM	969904101	242,275	763	SH		SOLE		0	0	763
WILLIAMS COS INC	COM	969457100	10,545,906	270,616	SH		SOLE		184,766	0	85,850
WILLSCOT MOBILE MINI HOLDINGS	COM	971378104	208,041	4,474	SH		SOLE		0	0	4,474
XYLEM INC	COM	98419M100	314,441	2,433	SH		SOLE		0	0	2,433
GLAXOSMITHKLINE PLC-SPON ADR	ADR	37733W204	14,092,184	328,719	SH		SOLE		221,554	0	107,165
SANOFI ADR	ADR	80105N105	7,754,422	159,556	SH		SOLE		108,941	0	50,615
SHELL PLC	ADR	780259305	26,406,386	393,890	SH		SOLE		265,920	0	127,970