Kassirer Asset 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
ALERE INC	COM	01449J105	765	15,000	SH		SOLE		15,000	0	0
ALLSTATE CORP	COM	020002101	271	2,950	SH		SOLE		2,950	0	0
ASB BANCORP INC N C	COM	00213T109	1,309	29,032	SH		SOLE		29,032	0	0
AVISTA CORP	COM	05379B107	4,183	80,800	SH		SOLE		80,800	0	0
BANK MONTREAL QUE	COM	063671101	245	3,236	SH		SOLE		3,236	0	0
BANK MUTUAL CORP NEW	COM	063750103	508	50,000	SH		SOLE		50,000	0	0
BANK N S HALIFAX	COM	064149107	652	10,143	SH		SOLE		10,143	0	0
BANKRATE INC DEL	COM	06647F102	5,184	371,610	SH		SOLE		371,610	0	0
BARD C R INC	COM	067383109	3,205	10,000	SH		SOLE		10,000	0	0
BOB EVANS FARMS INC	COM	096761101	776	10,006	SH		SOLE		10,006	0	0
CALGON CARBON CORP	COM	129603106	5,346	249,833	SH		SOLE		249,833	0	0
CALPINE CORP	COM NEW	131347304	2,434	165,000	SH		SOLE		165,000	0	0
CDN IMPERIAL BK COMM TORONTO	COM	136069101	350	4,000	SH		SOLE		4,000	0	0
CHINA XD PLASTICS CO LTD	COM	16948F107	94	20,000	SH		SOLE		20,000	0	0
CU BANCORP CALIF	COM	126534106	298	7,686	SH		SOLE		7,686	0	0
DIMENSION THERAPEUTICS INC	COM	25433V105	952	158,745	SH		SOLE		158,745	0	0
DOMINION DIAMOND CORP	COM	257287102	2,056	145,000	SH		SOLE		145,000	0	0
EXA CORP	COM	300614500	242	10,000	SH		SOLE		10,000	0	0
FIRST POTOMAC RLTY TR	COM	33610F109	668	60,000	SH		SOLE		60,000	0	0
FIRST SOUTH BANCORP INC VA	COM	33646W100	1,989	107,334	SH		SOLE		107,334	0	0
GENWORTH FINL INC	COM CL A	37247D106	385	100,000	SH		SOLE		100,000	0	0
HAWAIIAN TELCOM HOLDCO INC	COM	420031106	1,703	57,108	SH		SOLE		57,108	0	0
HSN INC	COM	404303109	1,455	37,254	SH		SOLE		37,254	0	0
ICICI BK LTD	ADR	45104G104	160	18,700	SH		SOLE		18,700	0	0
IXYS CORP	COM	46600W106	2,064	87,101	SH		SOLE		87,101	0	0
KITE PHARMA INC	COM	49803L109	5,394	30,000	SH		SOLE		30,000	0	0
LANDAUER INC	COM	51476K103	337	5,000	SH		SOLE		5,000	0	0
LATTICE SEMICONDUCTOR CORP	COM	518415104	391	75,000	SH		SOLE		75,000	0	0
LUMOS NETWORKS CORP	COM	550283105	3,336	186,135	SH		SOLE		186,135	0	0
MANULIFE FINL CORP	COM	56501R106	274	13,500	SH		SOLE		13,500	0	0
MAXPOINT INTERACTIVE INC	COM NEW	57777M201	695	50,000	SH		SOLE		50,000	0	0
MONEYGRAM INTL INC	COM NEW	60935Y208	495	30,700	SH		SOLE		30,700	0	0
NEFF CORP	COM CL A	640094207	1,840	73,601	SH		SOLE		73,601	0	0
NEURODERM LTD	ORD SHS	M74231107	2,334	59,989	SH		SOLE		59,989	0	0
NUMEREX CORP PA	CL A	67053A102	38	10,000	SH		SOLE		10,000	0	0
NXP SEMICONDUCTORS N V	COM	N6596X109	452	4,000	SH		SOLE		4,000	0	0
NXSTAGE MEDICAL INC	COM	67072V103	552	20,000	SH		SOLE		20,000	0	0
ORBITAL ATK INC	COM	68557N103	666	5,000	SH		SOLE		5,000	0	0
PARAGON COML CORP	COM NEW	69911U403	361	6,395	SH		SOLE		6,395	0	0
PAREXEL INTL CORP	COM	699462107	4,615	52,400	SH		SOLE		52,400	0	0
PHARMERICA CORP	COM	71714F104	3,907	133,341	SH		SOLE		133,341	0	0
RICE ENERGY INC	COM	762760106	1,447	50,000	SH		SOLE		50,000	0	0
RICHMONT MINES INC	COM	76547T106	660	70,621	SH		SOLE		70,621	0	0
ROYAL BANCSHARES PA INC	CL A	780081105	603	135,115	SH		SOLE		135,115	0	0
ROYAL BK CDA MONTREAL QUE	COM	780087102	373	4,821	SH		SOLE		4,821	0	0
SCICLONE PHARMACEUTICALS INC	COM	80862K104	168	15,000	SH		SOLE		15,000	0	0
SCRIPPS NETWORKS INTERACT IN	CL A COM	811065101	1,417	16,500	SH		SOLE		16,500	0	0
SILVER SPRING NETWORKS INC	COM	82817Q103	4,883	302,000	SH		SOLE		302,000	0	0
SOUTHWEST BANCORP INC OKLA	COM	844767103	2,480	90,000	SH		SOLE		90,000	0	0
SPARTON CORP	COM	847235108	1,418	61,101	SH		SOLE		61,101	0	0
STATE NATL COS INC	COM	85711T305	5,891	280,677	SH		SOLE		280,677	0	0
STRAIGHT PATH COMMUNICATNS I	CL B	862578101	813	4,500	SH		SOLE		4,500	0	0
SUNCOR ENERGY INC NEW	COM	867224107	314	8,964	SH		SOLE		8,964	0	0
SUNSHINE BANCORP INC	COM	86777J108	2,343	100,825	SH		SOLE		100,825	0	0
TELUS CORP	COM	87971M103	218	6,064	SH		SOLE		6,064	0	0
TERRAFORM GLOBAL INC	CL A	88104M101	340	71,500	SH		SOLE		71,500	0	0
TESCO CORP	COM	88157K101	912	167,301	SH		SOLE		167,301	0	0
TIME WARNER INC	COM NEW	887317303	205	2,000	SH		SOLE		2,000	0	0
TORONTO DOMINION BK ONT	COM NEW	891160509	658	11,700	SH		SOLE		11,700	0	0
TRANSCANADA CORP	COM	89353D107	255	5,150	SH		SOLE		5,150	0	0
TRIBUNE MEDIA CO	CL A	896047503	1,482	36,280	SH		SOLE		36,280	0	0
UNITEDHEALTH GROUP INC	COM	91324P102	235	1,200	SH		SOLE		1,200	0	0
VWR CORP	COM	91843L103	7,721	233,200	SH		SOLE		233,200	0	0
WASHINGTONFIRST BANKSHARES I	COM	940730104	344	9,656	SH		SOLE		9,656	0	0
WEST CORP	COM	952355204	4,831	205,827	SH		SOLE		205,827	0	0
WGL HLDGS INC	COM	92924F106	926	11,000	SH		SOLE		11,000	0	0
WOLVERINE BANCORP INC	COM	977880103	860	20,000	SH		SOLE		20,000	0	0
XCERRA CORP	COM	98400J108	99	10,000	SH		SOLE		10,000	0	0
XENITH BANKSHARES INC NEW	COM NEW	984102202	514	15,818	SH		SOLE		15,818	0	0