| 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 |
| ABBOTT LABORATORIES | COM | 002824100 | 1,330 | 18,135 | SH | | DFND | 1 | 17,635 | 0 | 500 |
| ABBVIE INC | COM | 00287y109 | 1,048 | 11,085 | SH | | DFND | 1 | 10,885 | 0 | 200 |
| ABM INDUSTRIES INC | COM | 000957100 | 23,588 | 731,397 | SH | | DFND | 1 | 423,397 | 0 | 308,000 |
| ACTUANT CORP CL A | COM | 00508X203 | 20,765 | 744,257 | SH | | DFND | 1 | 436,377 | 0 | 307,880 |
| ADVANCED ENERGY INDUSTRIES INC | COM | 007973100 | 18,702 | 362,095 | SH | | DFND | 1 | 209,495 | 0 | 152,600 |
| ALBANY INTL CORP CL A | COM | 012348108 | 19,179 | 241,243 | SH | | DFND | 1 | 139,801 | 0 | 101,442 |
| ALPHABET INC - CLASS A | COM | 02079K305 | 1,731 | 1,434 | SH | | DFND | 1 | 1,424 | 0 | 10 |
| ALPHABET INC - CLASS C | COM | 02079K107 | 2,097 | 1,757 | SH | | DFND | 1 | 1,747 | 0 | 10 |
| AMDOCS LTD | COM | g02602103 | 145 | 2,201 | SH | | DFND | 1 | 2,201 | 0 | 0 |
| AMERICAN EXPRESS CO | COM | 025816109 | 21 | 200 | SH | | DFND | 1 | 200 | 0 | 0 |
| AMERIS BANCORP | COM | 03076k108 | 23,558 | 515,496 | SH | | DFND | 1 | 292,919 | 0 | 222,577 |
| ANI PHARMACEUTICALS INC | COM | 00182C103 | 1,345 | 23,785 | SH | | DFND | 1 | 13,716 | 0 | 10,069 |
| ANTHEM INC | COM | 036752103 | 2,176 | 7,940 | SH | | DFND | 1 | 7,790 | 0 | 150 |
| APACHE CORP | COM | 037411105 | 1,352 | 28,361 | SH | | DFND | 1 | 28,137 | 0 | 224 |
| APPLE INC | COM | 037833100 | 5,720 | 25,338 | SH | | DFND | 1 | 24,828 | 0 | 510 |
| APPLIED OPTOELECTRONICS INC | COM | 03823U102 | 10,850 | 439,981 | SH | | DFND | 1 | 254,698 | 0 | 185,283 |
| APTARGROUP INC | COM | 038336103 | 165 | 1,532 | SH | | DFND | 1 | 1,532 | 0 | 0 |
| ARCH CAPITAL GROUP LTD | COM | G0450A105 | 2,185 | 73,305 | SH | | DFND | 1 | 72,030 | 0 | 1,275 |
| ARGO GROUP INTERNATIONAL | COM | G0464B107 | 21,670 | 343,694 | SH | | DFND | 1 | 205,946 | 0 | 137,748 |
| ARMSTRONG WORLD INDUSTRIES | COM | 04247X102 | 32,339 | 464,643 | SH | | DFND | 1 | 275,845 | 0 | 188,798 |
| ASTEC INDUSTRIES INC | COM | 046224101 | 5,662 | 112,319 | SH | | DFND | 1 | 64,672 | 0 | 47,647 |
| ATKORE INTERNATIONAL GROUP, IN | COM | 047649108 | 26,408 | 995,389 | SH | | DFND | 1 | 575,905 | 0 | 419,484 |
| AVNET INC | COM | 053807103 | 352 | 7,871 | SH | | DFND | 1 | 7,871 | 0 | 0 |
| AXALTA COATING SYSTEMS LTD | COM | G0750C108 | 1,625 | 55,734 | SH | | DFND | 1 | 54,909 | 0 | 825 |
| BANC OF CALIFORNIA INC | COM | 05990K106 | 18,146 | 960,094 | SH | | DFND | 1 | 558,494 | 0 | 401,600 |
| BELDEN INC | COM | 077454106 | 32,810 | 459,454 | SH | | DFND | 1 | 265,828 | 0 | 193,626 |
| BENCHMARK ELECTRONICS INC | COM | 08160H101 | 20,287 | 866,970 | SH | | DFND | 1 | 503,170 | 0 | 363,800 |
| BERKSHIRE HATHAWAY INC CL B | COM | 084670702 | 4,618 | 21,567 | SH | | DFND | 1 | 21,170 | 0 | 397 |
| BIO RAD LABS INC CL A | COM | 090572207 | 370 | 1,183 | SH | | DFND | 1 | 1,183 | 0 | 0 |
| BOJANGLES INC | COM | 097488100 | 11,182 | 712,222 | SH | | DFND | 1 | 410,309 | 0 | 301,913 |
| BOSTON PRIVATE FINANCIAL HOLDI | COM | 101119105 | 12,013 | 880,107 | SH | | DFND | 1 | 550,465 | 0 | 329,642 |
| BRADY CORP CL A | COM | 104674106 | 21,405 | 489,251 | SH | | DFND | 1 | 275,603 | 0 | 213,648 |
| BRANDYWINE REALTY TRUST | COM | 105368203 | 21,218 | 1,349,775 | SH | | DFND | 1 | 779,288 | 0 | 570,487 |
| BRIXMOR PROPERTY GROUP INC | COM | 11120U105 | 288 | 16,464 | SH | | DFND | 1 | 16,464 | 0 | 0 |
| BRYN MAWR BANK CORP | COM | 117665109 | 25,699 | 547,957 | SH | | DFND | 1 | 320,147 | 0 | 227,810 |
| CAMBREX CORP | COM | 132011107 | 31,677 | 463,110 | SH | | DFND | 1 | 266,310 | 0 | 196,800 |
| CAMDEN PROPERTY TRUST | COM | 133131102 | 240 | 2,562 | SH | | DFND | 1 | 2,562 | 0 | 0 |
| CAPITAL ONE FINL CORP COM | COM | 14040H105 | 2,152 | 22,674 | SH | | DFND | 1 | 22,274 | 0 | 400 |
| CARRIZO OIL & GAS INC | COM | 144577103 | 28,073 | 1,114,017 | SH | | DFND | 1 | 652,327 | 0 | 461,690 |
| CATCHMARK TIMBER TRUST INC | COM | 14912y202 | 16,395 | 1,434,394 | SH | | DFND | 1 | 818,809 | 0 | 615,585 |
| CATERPILLAR INC | COM | 149123101 | 1,923 | 12,610 | SH | | DFND | 1 | 12,310 | 0 | 300 |
| CBIZ INC | COM | 124805102 | 22,168 | 935,368 | SH | | DFND | 1 | 538,462 | 0 | 396,906 |
| CELANESE CORPORATION | COM | 150870103 | 158 | 1,390 | SH | | DFND | 1 | 1,390 | 0 | 0 |
| CHEVRON CORP | COM | 166764100 | 708 | 5,790 | SH | | DFND | 1 | 5,732 | 0 | 58 |
| CIMAREX ENERGY CO | COM | 171798101 | 923 | 9,930 | SH | | DFND | 1 | 9,730 | 0 | 200 |
| CISCO SYSTEMS INC | COM | 17275R102 | 802 | 16,477 | SH | | DFND | 1 | 16,027 | 0 | 450 |
| COCA-COLA CO | COM | 191216100 | 1,739 | 37,658 | SH | | DFND | 1 | 37,008 | 0 | 650 |
| COMPASS DIVERSIFIED HOLDINGS | COM | 20451Q104 | 17,849 | 983,442 | SH | | DFND | 1 | 562,722 | 0 | 420,720 |
| CONNECTONE BANCORP, INC | COM | 20786w107 | 23,104 | 972,795 | SH | | DFND | 1 | 565,320 | 0 | 407,475 |
| COOPER TIRE & RUBBER CO | COM | 216831107 | 23,102 | 816,313 | SH | | DFND | 1 | 471,313 | 0 | 345,000 |
| CROSS COUNTRY HEALTHCARE INC | COM | 227483104 | 7,900 | 904,900 | SH | | DFND | 1 | 520,300 | 0 | 384,600 |
| CYRUSONE INC | COM | 23283R100 | 163 | 2,578 | SH | | DFND | 1 | 2,578 | 0 | 0 |
| DICK'S SPORTING GOODS INC | COM | 253393102 | 1,278 | 36,019 | SH | | DFND | 1 | 35,544 | 0 | 475 |
| DIGITAL REALTY TRUST INC | COM | 253868103 | 147 | 1,304 | SH | | DFND | 1 | 1,304 | 0 | 0 |
| DRIL-QUIP INC | COM | 262037104 | 24,794 | 474,521 | SH | | DFND | 1 | 274,421 | 0 | 200,100 |
| DSW INC | COM | 23334L102 | 22,667 | 669,029 | SH | | DFND | 1 | 386,400 | 0 | 282,629 |
| DUKE REALTY CORP | COM | 264411505 | 155 | 5,453 | SH | | DFND | 1 | 5,453 | 0 | 0 |
| DYCOM INDUSTRIES INC | COM | 267475101 | 16,907 | 199,845 | SH | | DFND | 1 | 116,145 | 0 | 83,700 |
| EARTHSTONE ENERGY INC | COM | 27032D304 | 10,623 | 1,132,500 | SH | | DFND | 1 | 651,700 | 0 | 480,800 |
| EAST WEST BANCORP INC | COM | 27579R104 | 407 | 6,745 | SH | | DFND | 1 | 6,745 | 0 | 0 |
| EL PASO ELECTRIC CO | COM | 283677854 | 15,382 | 268,923 | SH | | DFND | 1 | 154,923 | 0 | 114,000 |
| EMPIRE STATE REALTY TRUST A | COM | 292104106 | 21,332 | 1,284,314 | SH | | DFND | 1 | 742,989 | 0 | 541,325 |
| ENERGEN CORPORATION | COM | 29265N108 | 477 | 5,532 | SH | | DFND | 1 | 5,532 | 0 | 0 |
| ENSIGN GROUP INC | COM | 29358P101 | 21,599 | 569,596 | SH | | DFND | 1 | 328,990 | 0 | 240,606 |
| ENTERPRISE FINANCIAL SERVICES | COM | 293712105 | 17,359 | 327,215 | SH | | DFND | 1 | 195,053 | 0 | 132,162 |
| ESCO TECHNOLOGIES INC | COM | 296315104 | 20,513 | 301,435 | SH | | DFND | 1 | 173,389 | 0 | 128,046 |
| EVERGY INC | COM | 30034W106 | 204 | 3,717 | SH | | DFND | 1 | 3,717 | 0 | 0 |
| EXTENDED STAY AMERICA | COM | 30224p200 | 22,745 | 1,124,296 | SH | | DFND | 1 | 656,196 | 0 | 468,100 |
| EXXON MOBIL CORP | COM | 30231G102 | 575 | 6,760 | SH | | DFND | 1 | 6,760 | 0 | 0 |
| FEDERAL SIGNAL CORP | COM | 313855108 | 26,970 | 1,007,100 | SH | | DFND | 1 | 579,300 | 0 | 427,800 |
| FIRST BANCORP | COM | 318910106 | 11,985 | 295,844 | SH | | DFND | 1 | 172,117 | 0 | 123,727 |
| FIRST INDUSTRIAL REALTY TRUST | COM | 32054K103 | 15,836 | 504,323 | SH | | DFND | 1 | 292,648 | 0 | 211,675 |
| FIRST MERCHANTS CORP | COM | 320817109 | 17,403 | 386,812 | SH | | DFND | 1 | 223,686 | 0 | 163,126 |
| FORMFACTOR INC | COM | 346375108 | 15,769 | 1,146,827 | SH | | DFND | 1 | 664,209 | 0 | 482,618 |
| FRANKLIN FINANCIAL NETWORK INC | COM | 35352P104 | 17,415 | 445,400 | SH | | DFND | 1 | 258,400 | 0 | 187,000 |
| GOLDMAN SACHS GROUP INC | COM | 38141g104 | 1,550 | 6,911 | SH | | DFND | 1 | 6,771 | 0 | 140 |
| GRANITE CONSTRUCTION INC | COM | 387328107 | 22,145 | 484,584 | SH | | DFND | 1 | 280,433 | 0 | 204,151 |
| GREIF INC | COM | 397624107 | 22,031 | 410,559 | SH | | DFND | 1 | 238,484 | 0 | 172,075 |
| GROUP 1 AUTOMOTIVE INC | COM | 398905109 | 11,997 | 184,850 | SH | | DFND | 1 | 107,963 | 0 | 76,887 |
| HALLIBURTON CO | COM | 406216101 | 650 | 16,045 | SH | | DFND | 1 | 15,570 | 0 | 475 |
| HANMI FINANCIAL CORP | COM | 410495204 | 8,531 | 342,617 | SH | | DFND | 1 | 189,208 | 0 | 153,409 |
| HARTFORD FINANCIAL SERVICES GR | COM | 416515104 | 298 | 5,972 | SH | | DFND | 1 | 5,972 | 0 | 0 |
| HAVERTY FURNITURE COS | COM | 419596101 | 7,722 | 349,397 | SH | | DFND | 1 | 204,110 | 0 | 145,287 |
| HAYNES INTERNATIONAL INC | COM | 420877201 | 6,566 | 184,948 | SH | | DFND | 1 | 103,218 | 0 | 81,730 |
| HEARTLAND EXPRESS INC | COM | 422347104 | 22,441 | 1,137,385 | SH | | DFND | 1 | 658,295 | 0 | 479,090 |
| HERITAGE FINANCIAL CORP | COM | 42722x106 | 13,357 | 380,008 | SH | | DFND | 1 | 220,496 | 0 | 159,512 |
| HEXCEL CORPORATION | COM | 428291108 | 195 | 2,915 | SH | | DFND | 1 | 2,915 | 0 | 0 |
| HILL-ROM HOLDINGS INC | COM | 431475102 | 167 | 1,765 | SH | | DFND | 1 | 1,765 | 0 | 0 |
| HOLOGIC INC | COM | 436440101 | 317 | 7,733 | SH | | DFND | 1 | 7,733 | 0 | 0 |
| HOMESTREET INC | COM | 43785v102 | 20,695 | 780,962 | SH | | DFND | 1 | 452,946 | 0 | 328,016 |
| HOMETRUST BANCSHARES INC | COM | 437872104 | 18,963 | 650,538 | SH | | DFND | 1 | 392,026 | 0 | 258,512 |
| HOST HOTELS & RESORTS, INC | COM | 44107p104 | 113 | 5,377 | SH | | DFND | 1 | 5,377 | 0 | 0 |
| HUNTSMAN CORP | COM | 447011107 | 255 | 9,360 | SH | | DFND | 1 | 9,360 | 0 | 0 |
| ICF INTERNATIONAL INC | COM | 44925C103 | 28,893 | 382,939 | SH | | DFND | 1 | 221,664 | 0 | 161,275 |
| IDACORP INC. | COM | 451107106 | 22,281 | 224,535 | SH | | DFND | 1 | 126,473 | 0 | 98,062 |
| INDEPENDENT BANK GROUP INC | COM | 45384B106 | 7,374 | 111,220 | SH | | DFND | 1 | 69,898 | 0 | 41,322 |
| INGREDION INC | COM | 457187102 | 303 | 2,883 | SH | | DFND | 1 | 2,883 | 0 | 0 |
| INNOPHOS HOLDINGS INC | COM | 45774n108 | 21,530 | 484,921 | SH | | DFND | 1 | 280,808 | 0 | 204,113 |
| INTEL CORP | COM | 458140100 | 1,733 | 36,645 | SH | | DFND | 1 | 35,795 | 0 | 850 |
| INTERNATIONAL BUSINESS MACHINE | COM | 459200101 | 1,516 | 10,024 | SH | | DFND | 1 | 9,899 | 0 | 125 |
| INVESCO LTD | COM | G491BT108 | 227 | 9,927 | SH | | DFND | 1 | 9,927 | 0 | 0 |
| JABIL INC | COM | 466313103 | 2,115 | 78,104 | SH | | DFND | 1 | 76,859 | 0 | 1,245 |
| JACOBS ENGINEERING GROUP INC | COM | 469814107 | 428 | 5,598 | SH | | DFND | 1 | 5,598 | 0 | 0 |
| JB HUNT TRANSPORT SERVICES INC | COM | 445658107 | 172 | 1,444 | SH | | DFND | 1 | 1,444 | 0 | 0 |
| JERNIGAN CAPITAL INC | COM | 476405105 | 7,521 | 389,900 | SH | | DFND | 1 | 231,500 | 0 | 158,400 |
| JETBLUE AIRWAYS CORP | COM | 477143101 | 314 | 16,205 | SH | | DFND | 1 | 16,205 | 0 | 0 |
| JOHN WILEY & SONS INC CL A | COM | 968223206 | 95 | 1,565 | SH | | DFND | 1 | 1,565 | 0 | 0 |
| JOHNSON & JOHNSON | COM | 478160104 | 1,465 | 10,605 | SH | | DFND | 1 | 10,380 | 0 | 225 |
| JPMORGAN CHASE & CO | COM | 46625H100 | 3,367 | 29,840 | SH | | DFND | 1 | 29,090 | 0 | 750 |
| KAMAN CORP | COM | 483548103 | 22,485 | 336,696 | SH | | DFND | 1 | 194,565 | 0 | 142,131 |
| KANSAS CITY SOUTHERN | COM | 485170302 | 2,390 | 21,095 | SH | | DFND | 1 | 20,735 | 0 | 360 |
| KITE REALTY GROUP TRUST | COM | 49803T300 | 27,368 | 1,643,699 | SH | | DFND | 1 | 949,884 | 0 | 693,815 |
| KNOLL INC | COM | 498904200 | 22,868 | 975,201 | SH | | DFND | 1 | 569,145 | 0 | 406,056 |
| KNOWLES CORPORATION | COM | 49926d109 | 26,134 | 1,572,461 | SH | | DFND | 1 | 922,569 | 0 | 649,892 |
| LABORATORY CORP OF AMERICA HOL | COM | 50540r409 | 178 | 1,023 | SH | | DFND | 1 | 1,023 | 0 | 0 |
| LANDEC CORPORATION | COM | 514766104 | 11,232 | 780,022 | SH | | DFND | 1 | 450,322 | 0 | 329,700 |
| LOWE'S COS INC | COM | 548661107 | 2,135 | 18,593 | SH | | DFND | 1 | 18,093 | 0 | 500 |
| LYDALL INC | COM | 550819106 | 20,908 | 485,104 | SH | | DFND | 1 | 280,581 | 0 | 204,523 |
| MATSON INC | COM | 57686g105 | 24,980 | 630,161 | SH | | DFND | 1 | 364,954 | 0 | 265,207 |
| MCDERMOTT INTL INC | COM | 580037703 | 21,681 | 1,176,423 | SH | | DFND | 1 | 701,722 | 0 | 474,701 |
| MDC HOLDINGS INC | COM | 552676108 | 19,055 | 644,178 | SH | | DFND | 1 | 374,066 | 0 | 270,112 |
| MERCK & CO INC | COM | 58933y105 | 22 | 310 | SH | | DFND | 1 | 310 | 0 | 0 |
| METHODE ELECTRONICS INC | COM | 591520200 | 20,275 | 560,095 | SH | | DFND | 1 | 323,780 | 0 | 236,315 |
| MGIC INVESTMENT CORP | COM | 552848103 | 26,826 | 2,015,514 | SH | | DFND | 1 | 1,162,014 | 0 | 853,500 |
| MICROSOFT CORP | COM | 594918104 | 2,073 | 18,124 | SH | | DFND | 1 | 17,724 | 0 | 400 |
| MINERALS TECHNOLOGIES INC | COM | 603158106 | 21,698 | 320,981 | SH | | DFND | 1 | 185,683 | 0 | 135,298 |
| MITEL NETWORKS CORP | COM | 60671Q104 | 26,995 | 2,449,659 | SH | | DFND | 1 | 1,371,631 | 0 | 1,078,028 |
| MKS INSTRUMENTS INC | COM | 55306n104 | 238 | 2,965 | SH | | DFND | 1 | 2,965 | 0 | 0 |
| MYR GROUP INC | COM | 55405w104 | 21,552 | 660,279 | SH | | DFND | 1 | 331,305 | 0 | 328,974 |
| NATIONAL OILWELL VARCO INC | COM | 637071101 | 634 | 14,710 | SH | | DFND | 1 | 14,360 | 0 | 350 |
| NAVIGATORS GROUP INC | COM | 638904102 | 19,471 | 281,787 | SH | | DFND | 1 | 167,033 | 0 | 114,754 |
| NCI BUILDING SYSTEMS INC | COM | 628852204 | 5,503 | 363,208 | SH | | DFND | 1 | 216,486 | 0 | 146,722 |
| NEENAH PAPER INC | COM | 640079109 | 3,694 | 42,800 | SH | | DFND | 1 | 24,500 | 0 | 18,300 |
| NETSCOUT SYSTEMS INC | COM | 64115t104 | 20,033 | 793,391 | SH | | DFND | 1 | 461,591 | 0 | 331,800 |
| NEWFIELD EXPLORATION CO | COM | 651290108 | 322 | 11,161 | SH | | DFND | 1 | 11,161 | 0 | 0 |
| NEXTGEN HEALTHCARE INC | COM | 65343C102 | 24,953 | 1,242,689 | SH | | DFND | 1 | 715,772 | 0 | 526,917 |
| NORFOLK SOUTHERN CORP | COM | 655844108 | 72 | 400 | SH | | DFND | 1 | 400 | 0 | 0 |
| NORTHERN TRUST CORP | COM | 665859104 | 114 | 1,117 | SH | | DFND | 1 | 1,117 | 0 | 0 |
| NORWEGIAN CRUISE LINE HOLDINGS | COM | G66721104 | 383 | 6,668 | SH | | DFND | 1 | 6,668 | 0 | 0 |
| NUCOR CORP | COM | 670346105 | 1,233 | 19,425 | SH | | DFND | 1 | 18,975 | 0 | 450 |
| NUVASIVE INC | COM | 670704105 | 21,782 | 306,877 | SH | | DFND | 1 | 177,577 | 0 | 129,300 |
| OCLARO INC | COM | 67555N206 | 22,271 | 2,491,214 | SH | | DFND | 1 | 1,449,334 | 0 | 1,041,880 |
| ON SEMICONDUCTOR CORP | COM | 682189105 | 289 | 15,698 | SH | | DFND | 1 | 15,698 | 0 | 0 |
| PACWEST BANCORP | COM | 695263103 | 331 | 6,939 | SH | | DFND | 1 | 6,939 | 0 | 0 |
| PATTERSON COS INC | COM | 703395103 | 95 | 3,891 | SH | | DFND | 1 | 3,891 | 0 | 0 |
| PEBBLEBROOK HOTEL TRUST | COM | 70509v100 | 21,624 | 594,544 | SH | | DFND | 1 | 355,349 | 0 | 239,195 |
| PERFICIENT INC | COM | 71375u101 | 27,097 | 1,016,775 | SH | | DFND | 1 | 576,300 | 0 | 440,475 |
| PINNACLE FINANCIAL PARTNERS IN | COM | 72346Q104 | 12,464 | 207,214 | SH | | DFND | 1 | 123,243 | 0 | 83,971 |
| POLARIS INDUSTRIES INC | COM | 731068102 | 88 | 867 | SH | | DFND | 1 | 867 | 0 | 0 |
| PPG INDUSTRIES INC | COM | 693506107 | 158 | 1,446 | SH | | DFND | 1 | 1,446 | 0 | 0 |
| PRA GROUP INC | COM | 69354N106 | 24,739 | 687,193 | SH | | DFND | 1 | 401,808 | 0 | 285,385 |
| PREMIER INC | COM | 74051N102 | 455 | 9,928 | SH | | DFND | 1 | 9,928 | 0 | 0 |
| PROCTER & GAMBLE CO | COM | 742718109 | 14 | 166 | SH | | DFND | 1 | 166 | 0 | 0 |
| QORVO INC | COM | 74736K101 | 279 | 3,635 | SH | | DFND | 1 | 3,635 | 0 | 0 |
| QTS REALTY TRUST INC | COM | 74736a103 | 25,436 | 596,118 | SH | | DFND | 1 | 354,543 | 0 | 241,575 |
| QUANEX BUILDING PRODUCTS CORP | COM | 747619104 | 20,024 | 1,100,220 | SH | | DFND | 1 | 636,248 | 0 | 463,972 |
| QUANTA SERVICES INC | COM | 74762e102 | 365 | 10,944 | SH | | DFND | 1 | 10,944 | 0 | 0 |
| RALPH LAUREN CORP | COM | 751212101 | 406 | 2,955 | SH | | DFND | 1 | 2,955 | 0 | 0 |
| RED ROBIN GOURMET BURGERS | COM | 75689M101 | 21,815 | 543,347 | SH | | DFND | 1 | 315,647 | 0 | 227,700 |
| REGAL BELOIT CORP | COM | 758750103 | 21,570 | 261,618 | SH | | DFND | 1 | 152,960 | 0 | 108,658 |
| REGIS CORP | COM | 758932107 | 22,534 | 1,102,970 | SH | | DFND | 1 | 637,944 | 0 | 465,026 |
| SABRE CORPORATION | COM | 78573M104 | 416 | 15,939 | SH | | DFND | 1 | 15,939 | 0 | 0 |
| SANDERSON FARMS INC | COM | 800013104 | 16,272 | 157,414 | SH | | DFND | 1 | 91,214 | 0 | 66,200 |
| SANDY SPRING BANCORP INC | COM | 800363103 | 19,573 | 497,917 | SH | | DFND | 1 | 297,731 | 0 | 200,186 |
| SCHLUMBERGER LTD | COM | 806857108 | 10 | 158 | SH | | DFND | 1 | 158 | 0 | 0 |
| SEACOAST BANKING CORP. | COM | 811707801 | 23,452 | 803,167 | SH | | DFND | 1 | 468,597 | 0 | 334,570 |
| SIMMONS FIRST NATIONAL CORP - | COM | 828730200 | 30,224 | 1,026,269 | SH | | DFND | 1 | 565,343 | 0 | 460,926 |
| SLM CORP | COM | 78442P106 | 306 | 27,419 | SH | | DFND | 1 | 27,419 | 0 | 0 |
| SOUTH STATE CORP | COM | 840441109 | 19,448 | 237,165 | SH | | DFND | 1 | 139,439 | 0 | 97,726 |
| SP PLUS CORPORATION | COM | 78469c103 | 17,664 | 483,935 | SH | | DFND | 1 | 279,667 | 0 | 204,268 |
| SPIRE INC | COM | 84857L101 | 21,629 | 294,066 | SH | | DFND | 1 | 172,801 | 0 | 121,265 |
| STERIS PLC | COM | G84720104 | 227 | 1,980 | SH | | DFND | 1 | 1,980 | 0 | 0 |
| STERLING BANCORP | COM | 85917a100 | 23,478 | 1,067,191 | SH | | DFND | 1 | 629,591 | 0 | 437,600 |
| TJX COS INC | COM | 872540109 | 2,612 | 23,318 | SH | | DFND | 1 | 22,818 | 0 | 500 |
| TOLL BROTHERS INC | COM | 889478103 | 1,606 | 48,637 | SH | | DFND | 1 | 47,837 | 0 | 800 |
| TREEHOUSE FOODS INC | COM | 89469A104 | 18,995 | 396,964 | SH | | DFND | 1 | 231,264 | 0 | 165,700 |
| TRI POINTE GROUP INC | COM | 87265H109 | 21,693 | 1,749,429 | SH | | DFND | 1 | 1,035,154 | 0 | 714,275 |
| TRICO BANCSHARES | COM | 896095106 | 18,360 | 475,414 | SH | | DFND | 1 | 276,047 | 0 | 199,367 |
| UMH PROPERTIES INC | COM | 903002103 | 6,862 | 438,724 | SH | | DFND | 1 | 252,374 | 0 | 186,350 |
| UNION BANKSHARES CORP | COM | 90539J109 | 21,378 | 554,842 | SH | | DFND | 1 | 323,342 | 0 | 231,500 |
| UNION PACIFIC CORP | COM | 907818108 | 16 | 100 | SH | | DFND | 1 | 100 | 0 | 0 |
| UNIVERSAL ELECTRONICS INC | COM | 913483103 | 14,315 | 363,790 | SH | | DFND | 1 | 209,290 | 0 | 154,500 |
| US CONCRETE INC | COM | 90333l201 | 16,410 | 357,905 | SH | | DFND | 1 | 206,626 | 0 | 151,279 |
| US SILICA HOLDINGS INC | COM | 90346e103 | 21,076 | 1,119,256 | SH | | DFND | 1 | 648,756 | 0 | 470,500 |
| VERINT SYSTEMS INC | COM | 92343X100 | 28,934 | 577,531 | SH | | DFND | 1 | 337,731 | 0 | 239,800 |
| VISTA OUTDOOR INC | COM | 928377100 | 12,060 | 674,134 | SH | | DFND | 1 | 409,834 | 0 | 264,300 |
| WALMART INC | COM | 931142103 | 2,017 | 21,483 | SH | | DFND | 1 | 21,083 | 0 | 400 |
| WALT DISNEY CO | COM | 254687106 | 1,269 | 10,850 | SH | | DFND | 1 | 10,500 | 0 | 350 |
| WELLS FARGO & CO | COM | 949746101 | 2,178 | 41,445 | SH | | DFND | 1 | 40,645 | 0 | 800 |
| WESTERN ALLIANCE BANCORP | COM | 957638109 | 323 | 5,671 | SH | | DFND | 1 | 5,671 | 0 | 0 |
| WHIRLPOOL CORP | COM | 963320106 | 1,379 | 11,613 | SH | | DFND | 1 | 11,388 | 0 | 225 |
| WHITING PETROLEUM CORP | COM | 966387409 | 25,170 | 474,552 | SH | | DFND | 1 | 288,702 | 0 | 185,850 |
| WILLIS TOWERS WATSON PLC | COM | G96629103 | 139 | 989 | SH | | DFND | 1 | 989 | 0 | 0 |
| WINNEBAGO INDUSTRIES INC | COM | 974637100 | 10,676 | 322,050 | SH | | DFND | 1 | 187,400 | 0 | 134,650 |
| ZIMMER BIOMET HOLDINGS INC | COM | 98956p102 | 1,672 | 12,720 | SH | | DFND | 1 | 12,470 | 0 | 250 |
